Air Liquide

Fair value measurement information under IFRS

IFRS 13 “Fair value measurement” sets out a single consistent framework for measuring fair value within IFRS financial statements and outlines a standardised set of disclosures in respect of fair value measurements. IFRS 13 has been mandatory now for some years, with application being required for annual reporting periods beginning on or after 1 January 2013. This report sets out the results of how requirements of the standard have been put into practice, both in terms of measurement and disclosure, in the consolidated financial statements of 139 large public limited companies with year ends between 31 March 2016 and 1 April 2017. It is not an exhaustive study of all aspects of IFRS 13 application and its conclusions are limited to our findings in respect of the areas analysed within the financial statements reviewed.

Air Liquide Monitor

Air Liquide Annual Report 2016
CR Monitor Issue: 
2017/1005
Company covered: 
Air Liquide
Period End: 
31 December, 2016
Report issued on 10 October 2017 covered the following practice issues:
Divergence
Profit contribution of acquired business not disclosed.
New
Discontinued operations highlighted on the face of the income statement.
Change
Enhanced disclosure of non-executive director remuneration.
Change
Managing the environment and climate risks identified as new principal risk factor.