| Summarised notes to the consolidated financial statements l Note 4 |
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Audited |
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2014
Rm |
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| 4. |
Acquisition of subsidiaries, investments and intangibles |
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Inventories acquired |
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(21) |
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(63) |
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Receivables acquired |
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(41) |
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(5) |
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Payables, taxation and deferred taxation acquired |
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61 |
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36 |
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Borrowings net of cash |
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62 |
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30 |
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Property, plant and equipment, non-current assets, goodwill and non-controlling interest |
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(97) |
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(100) |
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Total net assets acquired |
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(36) |
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(101) |
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Goodwill arising on acquisitions |
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(92) |
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(38) |
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Intangibles arising on acquisition in terms of IFRS 3 Business Combinations |
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(34) |
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(42) |
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Total purchase consideration |
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(162) |
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(181) |
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Deemed disposal of associate at fair value on obtaining control |
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20 |
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Net cash cost of subsidiaries acquired |
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(142) |
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Bank balances and cash in subsidiaries acquired |
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6 |
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Investment and intangible assets acquired |
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(505) |
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(142) |
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Cash amounts paid to acquire subsidiaries, investments and intangibles |
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(641) |
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(323) |
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During the year the group acquired various businesses of which none was individually material. |
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| Summarised notes to the consolidated financial statements l Note 4 |
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