| |
55.1 |
Fair value of
net assets acquired |
 |
|
|
|
Property and equipment |
—
|
13 |
| |
|
Intangible assets arising
on acquisition |
15 |
39 |
| |
|
Financial assets |
—
|
(14) |
| |
|
Receivables |
—
|
33 |
| |
|
Cash and cash equivalents |
—
|
35 |
| |
|
Payables and other net
liabilities |
(1) |
(56) |
| |
|
Net assets |
14 |
50 |
| |
|
Increase in minority interest
from acquisition of subsidiaries |
—
|
(21) |
| |
|
Buy-out of minority
interest |
7 |
3 |
| |
|
Fair value of net assets
acquired |
21 |
32 |
| |
55.2 |
Cash flows arising
from business combinations |
|
|
| |
|
Total purchase consideration |
(73) |
(291) |
| |
|
Less: Deferred
consideration arising from the business
combinations
payable in future periods |
27 |
109 |
| |
|
Add: Deferred
consideration paid in the current year arising
from
acquisitions in prior years |
(18) |
(18) |
| |
|
Cash consideration paid |
(64) |
(200) |
| |
|
Less: Cash
and cash equivalent balances acquired from
business
combinations |
—
|
35 |
| |
|
Cash flow arising from
acquisition of subsidiaries and businesses |
(64) |
(165) |
| |
|
No material acquisitions
or disposals were transacted in the current
year that require separate disclosure. The
intangible assets arising on acquisition
represent contractual customer relationships
acquired.
Refer to the Directors’ Report for
details of the acquisitions and disposals
made by the group in the year. |
|
|
