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note 39. sale of subsidiaries<br />

Date of sale<br />

Subsidiaries divested 2010 2009<br />

Office Team Holding AS 19/04/2010<br />

<strong>Bisnode</strong> Holding B.V. 25/05/2010<br />

Svenskt Byggregister AB 01/06/2010<br />

Emric AB 09/06/2010<br />

PAR Graphics (sale of assets) 01/05/2010<br />

Nomi Sweden, Norway, Finland, Denmark 30/06/2009<br />

ICC Ireland, United Kingdom, etc 28/08/2009<br />

Finfo Information AB 08/12/2009<br />

Sverige Bygger AB 30/12/2009<br />

Inter Dialog AS (sale of assets) 26/05/2009<br />

Capital gains/losses 2010 2009<br />

Cash received 34,510 135,912<br />

Net assets sold -46,152 -110,183<br />

Provisions in connection to sale 214<br />

Estimated contingent purchase consideration to recieve 3,504<br />

Contingent purchase consideration received 779 4,625<br />

Provision/Reversal of contingent purchase consideration -1,838 -4,625<br />

Exchange differences -123<br />

Capital gains/losses -9,320 25,943<br />

Net assets divested 2010 2009<br />

Assets<br />

Intangible assets 66,686 98,406<br />

Property, plant and equipment 5,250 2,557<br />

Available-for-sale financial assets 5 267<br />

Deferred tax assets 2 1,062<br />

Inventories 458<br />

Tax receivables 2,050<br />

Trade and other receivables 31,645 36,758<br />

Cash and cash equivalents 20,477 39,399<br />

Total assets 124,523 180,499<br />

Liabilities<br />

Non-controlling interests 28,116<br />

Provision for pensions 48<br />

Deferred tax liabilities 5,467 2,235<br />

Tax liabilities 493 2,688<br />

Trade and other payables 44,247 65,393<br />

Total liabilities 78,371 70,316<br />

Cash flow from sale of subsidiaries 2010 2009<br />

Cash received 34,510 135,912<br />

Contingent purchase consideration received 779 4,625<br />

Provisions 3,881<br />

Cash and cash equivalents in sold subsidiaries -20,477 -39,399<br />

Cash flow from sale of subsidiaries 14,812 105,019<br />

note 40. Discontinued operations<br />

59<br />

Profit from discontinued operations 2010 2009<br />

Revenue<br />

Other operating income<br />

97,104<br />

Total operating income 0 97,104<br />

Goods and services -20,148<br />

Personnel costs -56,183<br />

Depreciation, amortisation and impairment losses -90,817<br />

Other expenses -20,784<br />

Total operating expenses 0 -187,932<br />

Operating profit 0 -90,828<br />

Financial income 30<br />

Financial expenses -304<br />

Net financial items 0 -274<br />

Profit before tax and capital gain 0 -91,102<br />

Capital gain from divestment of operations -20,051<br />

Profit before tax 0 -111,153<br />

Income tax expense 2,916<br />

Profit from discontinued operations 0 -108,237<br />

Cash flow from discontinued operations<br />

Cash flow from operating activities<br />

2010 2009<br />

Profit before tax -111,153<br />

Adjustment for items not included in cash flow, etc. 113,400<br />

Income tax paid 559<br />

Cash flow from changes in working capital -4,521<br />

Cash flow from operating activities 0 -1,715<br />

Cash flow from investing activities<br />

Investments in property, plant and equipment -761<br />

Sale of subsidiaries, net of cash 99,503<br />

Sale of property, plant and equipment 35<br />

Cash flow from investing activities 0 98,777<br />

Cash flow from financing activities<br />

Repayment of borrowings -441<br />

Cash flow from financing activities 0 -441<br />

Cash flow for the year 0 96,621<br />

Capital gains/losses 2010 2009<br />

Cash received minus sales expenses 111,057<br />

Net assets sold -127,107<br />

Provisions in connection with sale -4,001<br />

Capital gains/losses 0 -20,051

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