english - About Heraeus

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of Midwest Instrument Company, a sum of € 3.5 million was paid into a trust account.
This amount will be paid out to the seller after five years, if the agreed targets are
achieved.
The purchase price for the acquisition was paid from the available liquid resources. The
following table shows the preliminary carrying amounts of the assets and liabilities of the
acquired business at the date of acquisition before and after the purchase price allocation:
in € million
Carrying amount
before purchase price
allocation
Carrying amount
after purchase price
allocation
Current assets 15.6 16.5
Cash and cash equivalents 0.8 0.8
Receivables 6.4 6.4
Other current assets 8.4 9.3
Fixed assets 7.8 46.7
Intangible assets 0.6 39.1
Property, plant, and equipment 6.7 7.1
Other non-current assets 0.5 0.5
Deferred tax assets 0.7 0.7
Acquired assets 24.1 63.9
Liabilities 7.0 7.0
Provisions 0.2 0.2
Deferred tax liabilities – 5.4
Acquired liabilities 7.2 12.6
Acquired net assets 16.9 51.3
In connection with the purchase price allocation, primarily hidden reserves in intangible
assets were disclosed. The disclosure of the hidden reserves in intangible assets led to,
among other things, additional capitalization of customer relationships in the amount of
€ 23.4 million and technology in the amount of €14.6 million.