The following table summarizes all considerations paid for businesses, as well as the assets and liabilities acquired and recognized at fair value as at the acquisition date for the 2023/24 financial year and 2022/23 in comparison.
|
CHF million |
|
Financial year ended 30.06.2024 |
|
Financial year ended 30.06.2023 |
|
|
|
Total |
|
Total |
|
Total consideration |
|
–2.1 |
|
8.9 |
|
Cash paid |
|
4.2 |
|
8.7 |
|
Deferred payment |
|
–6.3 |
|
0.0 |
|
Acquisition-related costs |
|
0.0 |
|
0.2 |
|
Identifiable assets and liabilities |
|
0.0 |
|
0.8 |
|
Cash and cash equivalents |
|
0.0 |
|
1.1 |
|
Trade receivables |
|
0.0 |
|
0.7 |
|
Property, plant, and equipment |
|
0.0 |
|
0.1 |
|
Trade payables |
|
0.0 |
|
–0.3 |
|
Accrued and other current liabilities |
|
0.0 |
|
–0.8 |
|
Goodwill 1 |
|
–2.1 |
|
8.1 |
1 Goodwill is capitalized or adjusted within intangible assets and disclosed in note on property, plant, and equipment/intangible assets (2.3).
In the period reported, no acquisitions were made. The change in deferred payments of CHF 6.3 million is related to acquisitions from previous years. Of this amount, CHF 4.2 million was paid out, while CHF 2.1 million was adjusted against goodwill. Goodwill is capitalized within intangible assets and disclosed in the note on property, plant, and equipment/intangible assets (2.3).
In the previous year, dormakaba acquired Alldoorco based in Nijkerk (NL) as per 1 August 2022. Alldoorco contributed CHF 5.9 million to the net sales in the financial year ended 30 June 2023 and generated net sales of CHF 0.5 million from 1 July 2022 until the acquisition date.
In the period reported and in the previous year, no material divestments were made.