Euronext - 2019 Universal Registration Document

Financial Statements

Consolidated Statement of Changes in Equity

5.3 Information on acquisitions in prior periods On 20 December 2018, the Group acquired 78% of the shares and voting rights of Commcise Software Ltd. (“Commcise”). Following the finalisation of the fair value calculation during 2019, the adjusted net identifiable assets acquired, non-controlling interest and goodwill are reflected in the table below:

Preliminary calculation Fair Value

Adjustments

Final Fair Value

In thousands of euros

Assets Property, plant and equipment

64

(30)

34

Intangible assets: customer relations

-

4,033

4,033

Intangible assets: software platform

-

5,779

5,779

Non-current financial assets

37

-

37

Current income tax receivables

-

14

14

Trade and other receivables

1,290

-

1,290

Cash and cash equivalents

2,570

-

2,570

Liabilities Deferred tax liabilities

(3)

(1,867)

(1,870)

Trade and other payables

(2,009)

(356)

(2,365)

Net identifiable assets acquired

1,949

7,574

9,523

Less: non-controlling interest

(429)

(1,666)

(2,095)

(5,908)

22,699

Add: Goodwill

28,606

TOTAL PURCHASE CONSIDERATION

30,126

-

30,126

Other details of the business combination remained unchanged and are disclosed in Note 5 of the Group’s Consolidated Financial Statements for the year ended 31 December 2018, including the preliminary fair value calculation of the transaction.

NOTE 6

NON-CONTROLLING INTERESTS (NCI)

Financial information of subsidiaries that have material non-controlling interest is provided below. Proportion of equity interest held by non-controlling interests:

% of ownership interest held by NCI 2019 (in %)

Place of business/ country of Incorporation

Name of entity

2018 (in %)

Company Webcast B.V.

The Netherlands

49.00

49.00

8

iBabs B.V.

The Netherlands

40.00

40.00

FastMatch Inc.

United States

2.70

2.70

Commcise Software Ltd.

United Kingdom

22.00

22.00

201

2019 UNIVERSAL REGISTRATION DOCUMENT