Report & Accounts - JLT

Financial StatementsNotes to the Financial Statementsfor the year ended 31st December 200530. Business combinationsDuring the year, the process of finalising the provisional fair values in respect of acquisitions carried out during 2004 has beencompleted. In addition the deferred consideration booked in 2004 has been revised.Detailed below are the changes made to the provisional fair values and deferred consideration.Heath Lambert - Peru Retail88Provisional fairRevised fair value reported ReductionAssets at value Fair value at 31st Dec in fairacquisition adjustments acquired 2004 value£'000 £'000 £'000 £'000 £'000Property, plant and equipment 153 (6) 147 147 -Intangible assets 3 (3) - - -Trade and other receivables 224 187 411 411 -Cash and cash equivalents 276 - 276 276 -Trade and other payables (236) (167) (403) (257) (146)Finance leases (3) - (3) (3) -Taxation (7) - (7) (7) -Deferred taxation - (6) (6) - (6)Provision for liabilities and charges (15) - (15) (15) -Minority interests (194) (2) (196) (270) 74201 3 204 282 (78)Deferred Deferredconsideration consideration Reduction inreported at reported at deferred31st Dec 2005 31st Dec 2004 consideration£'000 £'000 £'000Deferred consideration 193 244 (51)193 244 (51)Heath Lambert - Peru WholesaleJardine Lloyd Thompson Group plc Annual Report & Accounts 2005Provisional fairRevised fair value reported ReductionAssets at value Fair value at 31st Dec in fairacquisition adjustments acquired 2004 value£'000 £'000 £'000 £'000 £'000Property, plant and equipment 203 (25) 178 196 (18)Available-for-sale financial assets (non current) 6 (1) 5 5 -Trade and other receivables 97 (10) 87 87 -Cash and cash equivalents 358 - 358 358 -Cash and cash equivalents - insurance broking funds 442 - 442 442 -Trade and other payables (641) (2) (643) (602) (41)Taxation (1) (1) (2) (2) -Minority interests (185) 4 (181) (193) 12279 (35) 244 291 (47)Deferred Deferredconsideration consideration Reduction inreported at reported at deferred31st Dec 2005 31st Dec 2004 consideration£'000 £'000 £'000Deferred consideration 262 310 (48)262 310 (48)