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Business combinations (Tables)
12 Months Ended
Mar. 31, 2020
Business combinations  
Summary of consideration transferred and assets and liabilities assumed

 

 

 

 

 

Year ended

 

    

March 31, 

 

 

2019

 

 

€M

Consideration:

 

 

Fair value of cash consideration

 

26.0

Fair value of put option for remaining 25% of Lauda

 

6.0

Fair value of existing 24.9% equity interest

 

6.0

Settlement of pre-existing loans

 

60.5

 

 

98.5

 

 

 

Net assets acquired:

 

 

Intangible assets

 

99.6

Cash and cash equivalents

 

7.0

Trade receivables

 

38.5

Inventories

 

3.4

Property, plant and equipment

 

1.4

Other assets

 

0.1

Accrued expenses and other liabilities

 

(42.1)

Trade payables

 

(9.1)

Current tax

 

(0.3)

 

 

98.5