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Wool Stocktake : AWI Annual Report 2007-08
notes to the FinAnciAl stAtements 30 business combination (continued) (c) Assets and liabilities acquired The assets and liabilities arising from the acquisition are as follows: acQuiRee’s caRRying aMount $’000 cash trade receivables inventories other current assets non-current receivables Plant and equipment deferred tax asset intangible assets: certification mark trade payables Provisions current tax liabilities other current liabilities non-current provisions net assets net identifiable assets acquired 3,800 4,368 1,166 25 128 1,197 209 – (2,066) (990) (21) (6,429) (1,387) – faiR vaLue $’000 3,800 4,368 1,166 25 128 1,197 209 10,000 (2,066) (990) (21) (6,429) (1,387) 10,000 10,000 As a result of time constraints the initial accounting for The Woolmark Company Pty Ltd combination has been determined provisionally as at the acquisition date of 5 October 2007. The fair values assigned to the identifiable assets, liabilities or contingent liabilities may require adjustment as at acquisition date. Under AASB 3 Business Combinations any adjustments to those provisional values as a result of completing the initial accounting may be recognised within twelve months of the acquisition date. AWI 07/08 FINANCIALS 101
AWI Annual Report 2008-09
Annual Report 2006-07