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KD Holding Group
Notes to Consolidated Financial Statements as at and for the year ended 31 December 2007
30. Dividends per share
31. Acquisitions and disposals
According to the General Meeting’s decision
31.1 Acquisition
on accumulated profit distribution, holders of
preference shares received a dividend of EUR 3.34
per share in 2007 (2006: EUR 1.67 per preference
In 2007 the Group acquired more than 50% in
six companies:
share) and a dividend of EUR 3.2 per ordinary
share (2006: EUR 0 per ordinary share). For 2007
the Chief Executive Officer proposed a dividend to
holders of preference shares of EUR 3.34 per share
and a dividend to holders of ordinary shares of EUR
3.4 per share.
- KD Securities ead Sofija – 1. 1. 2007
- Vrtnarstvo Celje d.o.o. – 1. 1. 2007
- KD Vifin d.o.o. Bratislava – 30. 6. 2007
- VIB a.d. Banja Luka – 30. 6. 2007
- Oklev d.o.o. Ljubljana – 31. 12. 2007
- Group Gea College – 31. 12. 2007.
According to four business combinations the Group
recognised goodwill totaling EUR 403,304; in the
other two business combinations (the companies
313
Gea College and Vrtnarstvo Celje d.o.o.) the Group
recognised an excess of EUR 768,664.
Details of net assets acquired and excess on the acquisition are as follows:
(in EUR) 2007 2006
Purchase consideration:
– cash paid 1,847,987 424,762
– direct costs relating to the acquisition - 9,314
Total purchase consideration 1,847,987 434,076
Fair value of net assets acquired 2,213,347 554,611
Goodwill (Note 9) 403,304 -
Excess (Note 22.2) (768,664) (120,535)