Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 68
Minerva Equity Limited (formerly DMWSL 881 Limited)
Notes to the financial statements
for the period ended 31 March 2019 (continued)
31 Business combinations (continued)
Below is a summary of recognised amounts of identifiable assets acquired and liabilities assumed:
Note
Property, plant and equipment
Intangible assets
Cash and cash equivalents
Book values
Adjustments
Fair value
£m
£m
£m
20.1
-
20.1
332.5
48.7
381.2
25.5
-
25.5
Trade and other receivables
(a)
270.3
(3.0)
267.3
Trade and other payables
(a)
(216.4)
(1.5)
(217.9)
(326.7)
-
(326.7)
(87.0)
-
(87.0)
(1.5)
1.1
(0.4)
(38.8)
(23.8)
(62.6)
(22.0)
21.5
(0.5)
Bank debt
Shareholder debt
Pension scheme liability
Deferred tax liabilities
Total identifiable net (liabilities) /
assets
(b)
Goodwill
153.0
Total
152.5
Please see page 71 for a summary of note references above.
The revenue from Thor Topco Limited and its subsidiaries included in the consolidated income
statement for the period ended 31 March 2019 was £805.3 million. Thor Topco Limited also
contributed profit after tax of £11.5 million over the same period.
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