Babcock International Group PLC Adoption of Financial Reporting Standard (FRS) 101 (2023P)
2016年2月16日 - 7:24PM
ＲＮＳを含む英国規制内ニュース （英語）
TIDMBAB
RNS Number : 2023P
Babcock International Group PLC
16 February 2016
Babcock International Group PLC
16 February 2016
Notification to shareholders in accordance with FRS 101
Babcock International Group PLC has today sent a notice to
shareholders, the full text of which is set out below.
Adoption of Financial Reporting Standard (FRS) 101 - Reduced
Disclosure Framework
A new UK Generally Accepted Accounting Practice (GAAP)
accounting framework introduced by the Financial Reporting Council
(FRC) becomes effective for the financial statements of UK
companies with accounting periods commencing on or after 1 January
2015. Under this new framework, Babcock International Group PLC
(the Company) is required to elect to prepare its parent company
financial statements on one of the bases permitted by the FRC.
The Company proposes to adopt FRS 101 "Reduced Disclosure
Framework" for the preparation of the Company financial statements
for the year ended 31 March 2016 and on an ongoing basis until such
time as the Company notifies shareholders of any change.
The consolidated Group financial statements of the Company will
continue to be prepared in accordance with International Financial
Reporting Standards as adopted by the European Union and are
unaffected by this new accounting framework.
The Company's election to adopt FRS 101 for its Company
financial statements does not require shareholder approval.
However, as stipulated in FRS 101, the Company is required to
notify all shareholders of this election. Any shareholder or
shareholders holding in aggregate 5% or more of the total allotted
shares in the Company may serve an objection to the use of the
disclosure exemptions. Objections must be served in writing and
delivered to the Group Company Secretary at Babcock International
Group PLC, 33 Wigmore Street, London, W1U 1QX, United Kingdom not
later than 11 March 2016.
In accordance with Listing Rule 9.6.1. a copy of the
notification sent to shareholders has been submitted to the
National Storage Mechanism and will shortly be available at
www.hemscott.com/nsm.do.
This announcement is made pursuant to Listing Rule 9.6.3.
Albert Dungate
Group Company Secretary and General Counsel
Babcock International Group PLC
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 16, 2016 05:24 ET (10:24 GMT)
Babcock (LSE:BAB)
過去 株価チャート
から 6 2024 まで 7 2024
Babcock (LSE:BAB)
過去 株価チャート
から 7 2023 まで 7 2024
