| Schedule of purchase consideration to the total fair value of net assets acquired |
The
allocation of the purchase consideration to the total fair value of net assets acquired on SFF acquisition date is as follows:
Schedule
of purchase consideration to the total fair value of net assets acquired
| Fair value of net identified assets acquired | |
| | |
| Cash(1) | |
$ | 9,887 | |
| Trade and other receivables | |
| 4,676 | |
| Short-term investments | |
| 640 | |
| Prepaid expenses and deposits | |
| 684 | |
| Right-of-use assets | |
| 8,168 | |
| Property, plant and equipment | |
| 34,772 | |
| Construction in progress | |
| 10,562 | |
| Intangible assets | |
| 20,920 | |
| Other assets | |
| 814 | |
| Derivative financial instruments | |
| 1,530 | |
| Accounts payable and accruals | |
| (7,466 | ) |
| Asset retirement obligations | |
| (2,129 | ) |
| Long-term debt | |
| (52,686 | ) |
| Lease liabilities | |
| (7,043 | ) |
| Deferred tax liabilities | |
| (9,935 | ) |
| Intangible asset | |
| | |
| Due to related parties | |
| (1,435 | ) |
| Identifiable net assets | |
| 11,959 | |
| Goodwill | |
| 20,544 | |
| Non-controlling interest | |
| | |
| Net assets acquired | |
$ | 32,503 | |
| | |
| | |
| Consideration paid in cash | |
| | |
| Common shares issued | |
$ | 19,950 | |
| Contingent value rights | |
| 10,214 | |
| Purchase price adjustment
for total shares outstanding | |
| 2,339 | |
| Total consideration | |
$ | 32,503 | |
| (1) | The
balance includes restricted cash balances totaling $6,517 comprised of $2,630 classified
as current and $3,887 classified as non-current. |
The
allocation of the purchase consideration to the total fair value of net assets acquired on OFIT acquisition date is as follows:
| | |
| | | |
| | | |
| | |
| Fair value of net assets
(liabilities) acquired | |
OFIT
GM | | |
OFIT
RT | | |
Total | |
| Cash | |
$ | 243 | | |
$ | 201 | | |
$ | 444 | |
| Trade and other receivables | |
| 6 | | |
| 27 | | |
| 33 | |
| Prepaid expenses and deposits | |
| 11 | | |
| 5 | | |
| 16 | |
| Property, plant and equipment | |
| 2,165 | | |
| 935 | | |
| 3,100 | |
| Derivative financial instruments | |
| 211 | | |
| 79 | | |
| 290 | |
| Current liabilities | |
| (30 | ) | |
| (9 | ) | |
| (39 | ) |
| Long-term loans | |
| (3,200 | ) | |
| (1,196 | ) | |
| (4,396 | ) |
| Deferred tax liability | |
| (758 | ) | |
| (331 | ) | |
| (1,089 | ) |
| Identifiable net liabilities
assumed at fair value | |
$ | (1,352 | ) | |
$ | (289 | ) | |
$ | (1,641 | ) |
| Intangible asset | |
| 1,500 | | |
| 610 | | |
| 2,110 | |
| Goodwill | |
| 3,522 | | |
| 1,017 | | |
| 4,539 | |
| Non-controlling interest | |
| (1,839 | ) | |
| (670 | ) | |
| (2,509 | ) |
| Net asset acquired | |
$ | 1,831 | | |
$ | 668 | | |
$ | 2,499 | |
| | |
| | | |
| | | |
| | |
| Consideration paid in cash | |
| 232 | | |
| 201 | | |
| 433 | |
| Consideration paid in
common shares | |
| 1,599 | | |
| 467 | | |
| 2,066 | |
| Total consideration | |
$ | 1,831 | | |
$ | 668 | | |
$ | 2,499 | |
|