Axactor Annual Report 2016

SEK thousand Geslico SA Axactor Norway (IKAS) CS Union S.t.A. Altor Date of acquisition May 5, 2016 April 1, 2016 June 22, 2016 Sep 30, 2016 Acquired part of company 100 % 100 % 100 % 100 % Purchase price 18,548 284,755 103,819 172,604 - whereof cash consideration 18,548 197,861 55,432 172,604 - whereof share consideration - 86,894 35,733 - whereof Put/Call option liability 12,653 ASSETS Non-current assets Intangible assets Deferred tax assets 718 - 1,504 - Customer Relationship - 61,036 8,315 13,119 Database - 12,963 3,570 10,938 Other intangible fixed assets 3,466 - 3,321 1,817 Off market contracts - - 8,399 - Goodwill - 216,146 64,171 62,998 Tangible assets Plant and machinery 6,560 8,149 3,101 4,309 Long term financial assets Purchased debt - - 285,513 249,381 Other long-term receivables 846 690 7,772 11,352 Other long-term investments - 1,275 - - Total non-current assets 11,590 300,259 385,666 353,914 Current assets Current receivables 16,684 6,173 9,082 6,291 Other current assets 5,339 870 5,398 20,637 Cash & cash equivalents 6,036 35,590 4,507 9,198 Total current assets 28,059 42,633 18,986 36,126 Total Assets 39,649 342,892 404,652 390,040 Non-current liabilities - Long-term interest bearing debt 4,684 595 210,430 127,314 Deferred tax liabilities - 17,167 5,578 32,250 Other long-term liabilities 11 206 10,452 11,203 Total non-current liabilities 4,695 17,968 226,460 170,767 Current liabilities Trade payables 9,201 4,131 52,242 3,359 Tax liabilities - 6,870 - - Other short-term liabilities 4,223 22,871 14,420 43,340 Other public duties payable 2,982 6,297 7,710 - Total current liabilities 16,406 40,168 74,372 46,699 Total Net assets 18,548 284,755 103,819 172,574 Net sales 2016 (from aquisition) 57,510 74,481 53,364 49,891 Profit 2016 (from aquisition) -2,913 15,705 7,317 6,248 Net sale 2016 (full year) 99,295 100,209 90,221 185,895 Profit/(loss) 2016 (full year) -8,495 21,553 5,050 3,130 Axactor AB | Annual report 2016 60