37. Cash flows for acquisition of subsidiaries
37. Cash flows for acquisition of subsidiaries
| In CHF'000 |
Notes |
2009 Acquisitions |
2008 Acquisitions |
| Tangible fixed assets |
|
21 |
476 |
| Intangible fixed assets (excluding goodwill) |
|
1 484 |
1 235 |
| Deferred income taxes |
|
– |
137 |
| Financial assets and other non-current assets |
|
34 |
37 |
| Net working capital |
|
465 |
-236 |
| Financial assets - short term portion |
|
– |
– |
| Deferred tax liabilities |
|
– |
-413 |
| Long term liabilities |
|
-114 |
-569 |
| Cash and cash equivalents |
|
33 |
4 188 |
| |
|
|
|
| Fair value of net assets acquired for the Group |
4 |
1 923 |
4 855 |
| |
|
|
|
| Goodwill |
|
– |
29 505 |
| Impact of transaction with minority interests |
4 |
133 143 |
6 834 |
| |
|
|
|
| Total acquisition costs |
|
135 066 |
41 194 |
| |
|
|
|
| Of which: |
|
|
|
| – cash consideration paid |
|
125 884 |
37 879 |
| – contingent consideration not paid |
|
– |
2 945 |
| – acquisition costs |
|
9 182 |
370 |
| |
|
135 066 |
41 194 |
| |
|
|
|
| To adjust for: |
|
|
|
| – contingent consideration not paid |
|
– |
-2 945 |
| – prior years contingent considerations paid |
|
2 434 |
725 |
| – cash and cash equivalents acquired |
4 |
-33 |
-4 188 |
| – unpaid acquisition costs |
|
-3 624 |
– |
| – non cash items transferred to acquisition costs |
|
-1 693 |
– |
| |
|
|
|
| Net cash outflow from acquisitions |
|
132 150 |
34 786 |
