IFRS Disclosure Guide
23. Notes - Business combinations
Disclosure of business combinations
Description of nature and financial effect of business combinations during period
Description of nature and financial effect of business combinations after reporting period before statements authorised for issue
Explanation of financial effect of adjustments related to business combinations
Additional information about nature and financial effect of business combination
Description of nature and financial effect of business combinations after reporting period before statements authorised for issue
Explanation of financial effect of adjustments related to business combinations
Additional information about nature and financial effect of business combination
Disclosure of detailed information about business combination
Business combinationsnone | ||
Business combinationsnone | Entity's total for business combinations{"AggregatedIndividuallyImmaterialBusinessCombinationsMember":1}total_for[] | |
<Aggregated individually immaterial business combinations>total_for | ||
At 31.12.2023: | ||
Percentage of voting equity interests acquired | other | EntitysTotalForBusinessCombinationsMember_1t∑other |
Acquisition-date fair value of total consideration transferred | ||
Cash transferred | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Other tangible or intangible assets transferred | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Liabilities incurred | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Equity interests of acquirer | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Number of instruments or interests issued or issuable | X.X | EntitysTotalForBusinessCombinationsMember_1t∑X.X |
Total consideration transferred, acquisition-date fair value{"CashTransferred":"1.0","OtherTangibleOrIntangibleAssetsTransferred":"1.0","LiabilitiesIncurred":"1.0","EquityInterestsOfAcquirer":"1.0"}real[] | ∑ | ∑ |
Contingent consideration recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Indemnification assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Amounts recognised as of acquisition date for each major class of assets acquired and liabilities assumed | ||
Financial assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Inventory recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Property, plant and equipment recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Identifiable intangible assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Customer-related intangible assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Technology-based intangible assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Financial liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Contingent liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Identifiable assets acquired (liabilities assumed){"FinancialAssetsRecognisedAsOfAcquisitionDate":"1.0","InventoryRecognisedAsOfAcquisitionDate":"1.0","PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate":"1.0","IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate":"1.0","FinancialLiabilitiesRecognisedAsOfAcquisitionDate":"-1.0","ContingentLiabilitiesRecognisedAsOfAcquisitionDate":"-1.0"}real[] | ∑ | ∑ |
Additional disclosures for amounts recognised as of acquisition date for each major class of assets acquired and liabilities assumed | ||
Non-current assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Current assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Non-current liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Current liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Trade and other payables recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Deferred tax assets recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Deferred tax liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Borrowings recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Deferred income including contract liabilities recognised as of acquisition date | ||
Contract liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Deferred income other than contract liabilities recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Deferred income including contract liabilities recognised as of acquisition date{"ContractLiabilitiesRecognisedAsOfAcquisitionDate":"1.0","DeferredIncomeOtherThanContractLiabilitiesRecognisedAsOfAcquisitionDate":"1.0"}real[] | ∑ | ∑ |
Cash and cash equivalents recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Goodwill recognised as of acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Goodwill expected to be deductible for tax purposes | EntitysTotalForBusinessCombinationsMember_1t∑ | |
For the year 2023: | ||
Gain recognised in bargain purchase transaction | EntitysTotalForBusinessCombinationsMember_1t∑ | |
At 31.12.2023: | ||
Non-controlling interest in acquiree recognised at acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Acquisition-date fair value of equity interest in acquiree held by acquirer immediately before acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
For the year 2023: | ||
Gain (loss) recognised as result of remeasuring to fair value equity interest in acquiree held by acquirer before business combination | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Revenue of acquiree since acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Profit (loss) of acquiree since acquisition date | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Revenue of combined entity as if combination occurred at beginning of period | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Profit (loss) of combined entity as if combination occurred at beginning of period | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Increase (decrease) in contingent consideration asset (liability) | EntitysTotalForBusinessCombinationsMember_1t∑ | |
Gain (loss) that relates to identifiable assets acquired or liabilities assumed in business combination and is of such size, nature or incidence that disclosure is relevant to understanding combined entity's financial statements | EntitysTotalForBusinessCombinationsMember_1t∑ |
Business combinations:
- Name of acquiree
- Description of acquiree
- Date of acquisition
- Description of primary reasons for business combination
- Description of how acquirer obtained control of acquiree
- Description of factors that make up goodwill recognised
- Acquisition-date fair value of total consideration transferred
- Equity interests of acquirer
- Description of method of measuring fair value of instruments or interests
- Description of arrangement for contingent consideration arrangements and indemnification assets
- Description of basis for determining amount of payment for contingent consideration arrangements and indemnification assets
- Description of estimate of range of undiscounted outcomes from contingent consideration arrangements and indemnification assets
- Description of explanation of fact and reasons why range of outcomes from contingent consideration arrangements and indemnification assets cannot be estimated
- Explanation of fact that maximum amount of payment for contingent consideration arrangements and indemnification assets is unlimited
- Description of line item in statement of comprehensive income in which gain in bargain purchase transaction is recognised
- Description of reasons why bargain purchase transaction resulted in gain
- Description of measurement basis for non-controlling interest in acquiree recognised at acquisition date
- Description of valuation techniques and significant inputs used to measure non-controlling interest in acquiree measured at fair value
- Description of line item of statement of comprehensive income in which gain or loss as result of remeasuring to fair value equity interest is recognised
- Explanation of fact and explanation of why disclosure of information on revenues and profit or loss is impracticable
- Description of reasons why initial accounting for business combination is incomplete
- Description of assets, liabilities, equity interests or items of consideration for which initial accounting is incomplete
- Description of nature of any measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration
- Explanation of any changes in recognised amounts of contingent consideration
- Explanation of any changes in range of undiscounted outcomes and reasons for those changes for contingent consideration
- Description of valuation techniques and key model inputs used to measure contingent consideration
- Explanation of gain or loss that relates to identifiable assets acquired or liabilities assumed in business combination and is of such size, nature or incidence that disclosure is relevant to understanding combined entity's financial statements
Disclosure of reconciliation of changes in goodwill
Business combinationsnone | Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amountnone | |||
Business combinationsnone | Entity's total for business combinations{"AggregatedIndividuallyImmaterialBusinessCombinationsMember":1}total_for[] | Gross carrying amountnone | Accumulated impairmentnone | |
<Aggregated individually immaterial business combinations>total_for | ||||
For the year 2023: | ||||
Reconciliation of changes in goodwill | ||||
Changes in goodwill | ||||
Additional recognition, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Subsequent recognition of deferred tax assets, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Decrease through classified as held for sale, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Goodwill derecognised without having previously been included in disposal group classified as held for sale | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Impairment loss recognised in profit or loss, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Increase (decrease) through net exchange differences, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Increase (decrease) through other changes, goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ | |||
Total increase (decrease) in goodwill{"AdditionalRecognitionGoodwill":"1.0","SubsequentRecognitionOfDeferredTaxAssetsGoodwill":"-1.0","DecreaseThroughClassifiedAsHeldForSaleGoodwill":"-1.0","GoodwillDerecognisedWithoutHavingPreviouslyBeenIncludedInDisposalGroupClassifiedAsHeldForSale":"-1.0","ImpairmentLossRecognisedInProfitOrLossGoodwill":"-1.0","IncreaseDecreaseThroughNetExchangeDifferencesGoodwill":"1.0","IncreaseDecreaseThroughTransfersAndOtherChangesGoodwill":"1.0"}real[] | ∑ | ∑ | ∑ | ∑ |
At 31.12.2023: | ||||
Goodwill | EntitysTotalForBusinessCombinationsMember_2t∑ |
Disclosure of transactions recognised separately from acquisition of assets and assumption of liabilities in business combination
Business combinationsnone | Transactions recognised separately from acquisition of assets and assumption of liabilities in business combinationnone | ||
Business combinationsnone | Entity's total for business combinations{"AggregatedIndividuallyImmaterialBusinessCombinationsMember":1}total_for[] | ||
<Aggregated individually immaterial business combinations>total_for | |||
For the year 2023: | |||
Amounts recognised for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination | EntitysTotalForBusinessCombinationsMember_3t∑ | ||
Acquisition-related costs for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination | EntitysTotalForBusinessCombinationsMember_3t∑ | ||
Acquisition-related costs recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination | EntitysTotalForBusinessCombinationsMember_3t∑ | ||
Issue costs not recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination | EntitysTotalForBusinessCombinationsMember_3t∑ |
Business combinations & Transactions recognised separately from acquisition of assets and assumption of liabilities in business combination:
- Description of transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
- Description of accounting for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
- Description of line items in financial statements for amounts recognised for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
- Description of line items in statement of comprehensive income for amounts of acquisition-related costs recognised as expense for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
- Method used to determine settlement amount for pre-existing relationship for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
- Description of how issue costs not recognised as expense were recognised for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination
Disclosure of acquired receivables
Business combinationsnone | Classes of acquired receivablesnone | |||
Business combinationsnone | Entity's total for business combinations{"AggregatedIndividuallyImmaterialBusinessCombinationsMember":1}total_for[] | Loans acquired in business combinationnone | Direct finance leases acquired in business combinationnone | |
<Aggregated individually immaterial business combinations>total_for | ||||
At 31.12.2023: | ||||
Fair value of acquired receivables | EntitysTotalForBusinessCombinationsMember_4t∑ | |||
Gross contractual amounts receivable for acquired receivables | EntitysTotalForBusinessCombinationsMember_4t∑ | |||
Best estimate at acquisition date of contractual cash flows not expected to be collected for acquired receivables | EntitysTotalForBusinessCombinationsMember_4t∑ |
Disclosure of contingent liabilities in business combination
Business combinationsnone | Classes of contingent liabilitiesnone | Items of contingent liabilitiesnone | |||||||||
Business combinationsnone | Entity's total for business combinations{"AggregatedIndividuallyImmaterialBusinessCombinationsMember":1}total_for[] | Warranty contingent liabilitynone | Restructuring contingent liabilitynone | Legal proceedings contingent liabilitynone | Onerous contracts contingent liabilitynone | Contingent liability for decommissioning, restoration and rehabilitation costsnone | Contingent liabilities related to joint venturesnone | Share of contingent liabilities of associatesnone | Other contingent liabilitiesnone | ||
<Aggregated individually immaterial business combinations>total_for | |||||||||||
At 31.12.2023: | |||||||||||
Expected reimbursement, contingent liabilities in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Asset recognised for expected reimbursement, contingent liabilities in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Estimated financial effect, contingent liabilities in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
For the year 2023: | |||||||||||
Reconciliation of changes in contingent liabilities recognised in business combination | |||||||||||
Changes in contingent liabilities recognised in business combination | |||||||||||
Additional liabilities, contingent liabilities recognised in business combination | |||||||||||
New liabilities, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Increase in existing liabilities, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Total additional liabilities, contingent liabilities recognised in business combination{"NewLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination":"1.0","IncreaseDecreaseInExistingLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination":"1.0"}real[] | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ |
Settled liabilities, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Reversed unsettled liabilities, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Increase through adjustments arising from passage of time, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Increase (decrease) through change in discount rate, contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ | ||||||||||
Total increase (decrease) in contingent liabilities recognised in business combination{"AdditionalLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination":"1.0","SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination":"-1.0","ReversedUnsettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination":"-1.0","IncreaseThroughAdjustmentsArisingFromPassageOfTimeContingentLiabilitiesRecognisedInBusinessCombination":"1.0","IncreaseDecreaseThroughChangeInDiscountRateContingentLiabilitiesRecognisedInBusinessCombination":"1.0"}real["AdditionalLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination"] | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ | ∑ |
At 31.12.2023: | |||||||||||
Contingent liabilities recognised in business combination | EntitysTotalForBusinessCombinationsMember_5t∑ |
Business combinations & Classes of contingent liabilities & Items of contingent liabilities:
- Description of nature of obligation, contingent liabilities in business combination
- Description of expected timing of outflows, contingent liabilities in business combination
- Indication of uncertainties of amount or timing of outflows, contingent liabilities in business combination
- Description of major assumptions made concerning future events, contingent liabilities in business combination
- Explanation of estimated financial effect, contingent liabilities in business combination
- Explanation of possibility of reimbursement, contingent liabilities in business combination
- Description of reasons why liability cannot be measured reliably
Explanation of which disclosures could not be made and reasons why they cannot be made if initial accounting for business combination is incomplete at time financial statements are authorised for issue

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