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Poyobles to bonks<br />
Accounts poyoble to trode creditors<br />
Accounis poyoble to non-consolidoted componies<br />
lncome toxes poyoble<br />
Other debts poyoble<br />
Accrued licence {ees poyoble<br />
Other occrued expenses<br />
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thereofter<br />
Totol<br />
GuotunteeS:<br />
Guoronlees on beholf of non-consolidoted componies ond third porties<br />
Guorontees to ortisls ond reperloire owners<br />
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legol proceedings:<br />
PolyGrom hos extensive iniernotionol operolions, ond is subiect to o number of legol proceedings incidenlol lo these<br />
operotions. PolyGrom does noi expect thot the oulcome ol currently pending proceedings ogoinst PolyGrom will, either<br />
individuolly or in the oggregote, hove o moteriol odverse effect upon ihe finonciol condition of PolyGrom.<br />
Eorn-ou158<br />
ln oddiiion to the purchose price o{ lslond, omounts up io U5$60 million ore poyoble lo the vendor bosed on increoses in<br />
eornings before toxes PolyGrom for ony three consecutive yeors during 1990 through 1999. Additionol omounts ore olso<br />
poyoble bosed on eornings before loxes ol the ocquired business for ony three conseculive yeors during 1992 through 1999.<br />
I6. SUBSEOUENT EVENIS<br />
On Jonuory 3, 1990, PolyGrom ocquired the recorded music business ("A&M") of A&M Records, Inc. for o considerotion of<br />
U5$460 million.This considerotion is subiect to cerloin odiustments,<br />
From the purchose price of A&M on omount of opproximotely NLG 270 million will be ollocoied to goodwill ond chorged<br />
io Shoreholders' Equily.