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3.6 Consolidated financial statements Notes to the consolidated financial statements
02 Acquisitions and disposals
Year ended September 30, 2011
In the year ended September 30, 2011 the Group acquired companies
that are, on an individual basis, immaterial. Based on the values as of
the acquisition date, these acquisitions affected in total the Group’s
consolidated financial statements as presented below:
million €
Goodwill
Year ended
Sept. 30,
2011
32
Other intangible assets 25
Property, plant and equipment 1
Trade accounts receivable 2
Other current non-financial assets 1
Total assets acquired 61
Deferred tax liabilities 1
Other current provisions 1
Trade accounts payable 1
Other current non-financial liabilities 1
Total liabilities assumed 4
Net assets acquired 57
Non-controlling interest 0
Purchase prices 57
thereof: paid in cash and cash equivalents 47
In addition, in the year ended September 30, 2011 the Group sold the
Spanish ThyssenKrupp Xervon S.A. in the Materials Services business
area and the Iranian company ThyssenKrupp Assanbar PJSC in the
Elevator Technology business area as part of the portfolio optimization.
Both companies were classified as disposal groups as of September
30, 2010 because the disposals had been initiated; consummation
took place in October 2010 and in September 2011, respectively.
These two disposals, the disposal of the Metal Forming Group without
the Chinese activities as well as the disposals of companies that were,
on an individual basis, immaterial, affected in total the Group’s
consolidated financial statements as presented below based on the
values as of the disposal date:
Consolidated financial statements
146 | 147
million €
Goodwill
Year ended
Sept. 30,
2011
2
Other intangible assets 3
Property, plant and equipment 244
Other non-current non-financial assets 2
Deferred tax assets 9
Inventories 141
Trade accounts receivable 204
Other current financial assets 9
Other current non-financial assets 48
Cash and cash equivalents 45
Total assets disposed of 707
Accrued pension and similar obligations 57
Other non-current provisions 6
Deferred tax liabilities 11
Other current provisions 31
Current income tax liablilities 2
Current financial debt 160
Trade accounts payable 156
Other current financial liabilities 17
Other current non-financial liabilities 102
Total liabilities disposed of 542
Net assets disposed of 165
Cumulative other comprehensive income 20
Non-controlling interest 0
Gain/(loss) resulting from the disposals (8)
Selling prices 177
thereof: received in cash and cash equivalents 156