Annual Report 2005/06 - voestalpine
Annual Report 2005/06 - voestalpine
Annual Report 2005/06 - voestalpine
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The acquisitions had the following effect on the consolidated financial<br />
statements:<br />
Recognized Fair-value Carrying<br />
values adjustments amounts<br />
Non-current assets 40.3 29.7 10.6<br />
Current assets 27.2 0.0 27.2<br />
Non-current liabilities –18.1 –10.7 –7.4<br />
Current liabilities –14.6 0.0 –14.6<br />
Net identifiable assets<br />
and liabilities 34.8 19.0 15.8<br />
Goodwill on acquisition<br />
Cash and cash equivalents<br />
30.3<br />
65.1<br />
acquired<br />
Cash drain relating to<br />
–6.8<br />
other periods –21.5<br />
Net cash outflow 36.8<br />
Goodwill has arisen on acquisition because the criteria for recognition as an<br />
intangible asset at the date of acquisition have not been met.<br />
Consolidated Financial Statements<br />
In millions of euros<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2005</strong>/<strong>06</strong>
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