The complete disposal of the shares in connecta ag on 30 June 2016 had the following effect on the assets and liabilities of the Repower Group at 30 June 2016:
Total | |
---|---|
Book value of net assets over which control was lost | |
Non-current assets | 4,325 |
Property, plant and equipment | 4,210 |
Intangible assets | 115 |
Current assets | 898 |
Inventories | 32 |
Receivables | 2 |
Cash and equivalents | 864 |
Non-current liabilities | -704 |
Pension provisions | -692 |
Deffered tax liabilities | -12 |
Current liabilities | -1,162 |
Current income tax liabilities | -139 |
Other current liabilities | -912 |
Deffered income and accrued expenses | -111 |
- | |
Net assets derecognised | 3,357 |
Consideration received | |
Cash consideration received | 5,000 |
Total consideration | 5,000 |
Result on disposal | |
Total consideration | 5,000 |
Net assets derecognised | -3,357 |
Result on disposal | 1,643 |
Net cash inflow/outflow arising on disposal | |
Cash consideration received | 5,000 |
Cash and cash equivalents disposed of | -864 |
Net cash inflow/outflow arising on disposal | 4,136 |
The pre-tax gain on the disposal of the group company is recognised under other operating income in the Market Switzerland segment.