measure and monitor the processes and report results ... - Refresco.de

The acquisition had the following effect on the assets and liabilities on acquisition date:
Pre-acquisition
carrying
amount
Fair value
adjustments
Recognized
values on
acquisition
EUR’000
Property, plant and equipment
note
4.1 18,164 9,149 27,313
Intangible assets 4.2 620 (446) 174
Inventories 14,363 1,321 15,684
Trade and other receivables 27,825 0 27,825
Cash and cash equivalents 935 0 935
Deferred tax liabilities 4.4 732 (2,064) (1,332)
Trade and other payables (21,355) (2,607) (23,962)
Net identifiable assets and liabilities 41,284 5,353 46,637
Goodwill on acquisition 4.1 (188)
Consideration paid, satisfied in cash 46,449
Cash acquired (935)
Net cash outflow 45,514
Pre­acquisition carrying amounts were determined based on IFRS standards applicable as of the date of acquisition.
The values of assets, liabilities, and contingent liabilities recognized on acquisition are their estimated fair values
(see note 2.20 for methods used to determine fair values). No value was allocated to customer relations as they
were already customers of Refresco. The badwill recognized on the acquisition is attributable to the integration of
the acquired company into the existing business.
6.2 Financial instruments
Credit risk
Exposure to credit risk
The carrying amount of financial assets represents the maximum credit exposure, as follows at the reporting date:
EUR’000
Carrying amount
2010 2009
note
Non­current investments 4.3 1,155 1,320
Trade and other receivables 4.6 224,072 176,677
Current investments 4.3 4,139 2,541
Cash and cash equivalents 4.7 75,086 59,742
304,452 240,280
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