Schedule of fair value of assets |
| |
£’000 | |
Property, plant and equipment | |
| 7,342 | |
Right-of-use assets | |
| 6,276 | |
Inventory | |
| 1,752 | |
Trade and other receivables | |
| 6,401 | |
Cash and cash equivalents | |
| 3,743 | |
Trade and other payables | |
| (6,992 | ) |
Loans and borrowings | |
| (10,194 | ) |
Lease liabilities | |
| (6,276 | ) |
Provisions | |
| (631 | ) |
Total net assets acquired | |
| 1,421 | |
| |
| | |
Intangible assets recognized on acquisition: | |
| | |
Brand | |
| 4,158 | |
Customer relationships | |
| 3,669 | |
Software | |
| 2,592 | |
Deferred tax arising on intangible assets | |
| (2,501 | ) |
Total intangible assets recognized on acquisition | |
| 7,918 | |
| |
| | |
Total identifiable net assets at fair value | |
| 9,339 | |
| |
| | |
Goodwill | |
| 50,597 | |
Purchase consideration transferred | |
| 59,936 | |
| |
| | |
Satisfied by: | |
| | |
Cash | |
| 27,694 | |
Deferred consideration | |
| 2,955 | |
Debt assumed and discharged | |
| 6,236 | |
Shares issued | |
| 23,051 | |
Purchase consideration transferred | |
| 59,936 | |
|