Interim Report 2009

4. Business combinations

4. Business combinations

Correction of previous purchase price

On September 17, 2008, OpenTV acquired 100% ownership of RuzzTV, Australia. During the first half 2009, the Group paid a cash consideration of AUD 0.2 million (CHF 0.2 million) and the contingent consideration has been adapted within one year of the acquisition to reflect new best management estimates of the amounts to be paid. Hence, an additional goodwill of CHF 0.4 million and a contingent consideration amounting to CHF 0.2 million have been considered while establishing the interim 2009 financial statements.

Transactions with minority interests

Share based payments and exercise of options at OpenTV Corp are treated as transactions with minority interests and led to a dilution effect amounting to kCHF 17 recognized in equity.

Contribution and pro forma data including business combinations for the period ended June 30, 2009

No business combinations occured during the period under review.