Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 70
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:
Book values
Adjustments
Fair value
£m
£m
£m
21.5
-
21.5
Intangible assets
0.5
4.5
5.0
Cash and cash equivalents
0.2
-
0.2
Inventories
0.1
-
0.1
Trade and other receivables
6.3
-
6.3
(25.5)
-
(25.5)
-
(0.9)
(0.9)
3.1
3.6
6.7
Note
Property, plant and equipment
Trade and other payables
Deferred tax liabilities
Total identifiable net assets
(b)
Goodwill
0.6
Total
7.3
Please see page 71 for a summary of note references above.
The revenue from Industrial Water Jetting Systems Group Limited included in the consolidated profit
and loss account for the year ended 31 March 2019 was £nil million.
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