Amadeus IT Holding, S.A. and Subsidiaries - Investor relations at ...

AMADEUS IT HOLDING, S.A. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED ANNUAL ACCOUNTS FOR THE YEARS ENDED
DECEMBER 31, 2011, AND 2010
(EXPRESSED IN THOUSANDS OF EUROS - KEUR)
The carrying amount of assets, liabilities de-recognised at the sale date were as
follows:
60
Vacation.com
Goodwill 6,110
Intangible assets 1,637
Tangible assets 2,348
Other non-current assets 1,987
Total non-current assets 12,082
Total current assets 4,875
Total non-current liabilities (22)
Total current liabilities (2,927)
Net assets disposed of 14,008
The reconciliation between the cash received and the result on the disposal was as
follows:
KEUR
Consideration received 15,357
Deferred consideration 2,963
Net assets sold (14,008)
Transaction costs (1,487)
Gain on disposal as recognised in “Other income/ (expense)” 2,825
b) Discontinued operations
Discontinued operations consist of Opodo which sale was effective on June 30,
2011, as described in section a) of this note.