| Schedule of intangible assets as part of the acquisition |
| |
|
£’000 |
|
| Property, plant and equipment |
|
|
7,342 |
|
| Right-of-use assets |
|
|
6,276 |
|
| Inventory |
|
|
1,752 |
|
| Trade and other receivables |
|
|
6,401 |
|
| Cash and cash equivalents |
|
|
3,743 |
|
| Trade and other payables |
|
|
(6,992 |
) |
| Loans and borrowings |
|
|
(10,194 |
) |
| Lease liabilities |
|
|
(6,276 |
) |
| Provisions |
|
|
(631 |
) |
| Total net assets acquired |
|
|
1,421 |
|
| |
|
|
|
|
| Intangible assets recognized on acquisition: |
|
|
|
|
| Brand |
|
|
4,158 |
|
| Customer relationships |
|
|
3,669 |
|
| Software |
|
|
2,592 |
|
| Deferred tax arising on intangible assets |
|
|
(2,501 |
) |
| Total intangible assets recognized on acquisition |
|
|
7,918 |
|
| |
|
|
|
|
| Total identifiable net assets at fair value |
|
|
9,339 |
|
| Goodwill |
|
|
50,597 |
|
| Purchase consideration transferred |
|
|
59,936 |
|
| |
|
|
|
|
| Satisfied by: |
|
|
|
|
| Cash |
|
|
27,694 |
|
| Deferred consideration |
|
|
2,955 |
|
| Debt assumed and discharged |
|
|
6,236 |
|
| Shares issued |
|
|
23,051 |
|
| Purchase consideration transferred |
|
|
59,936 |
|
|