Allocation of Purchase Price
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Allocation of Purchase Price document sample
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Volkswagen Group – Annual Report 2008
PRECISE ALLOCATION OF THE PURCHASE PRICE
TO THE ASSETS ACQUIRED AND LIABILITIES ASSUMED
Fair values
at the
IFRS carrying amounts Purchase price acquisition date
at the acquisition date allocation (preliminary) (preliminary)
€ million
Total assets 10,282 3,739 14,021
Customer relationships – 374 374
Brand name – 1,027 1,027
Intangible assets1 245 1,179 1,424
Property, plant and equipment 2,027 688 2,715
Leasing and rental assets 1,085 127 1,212
Inventories 1,482 380 1,862
Cash 206 – 206
Other assets 5,237 -36 5,201
Total liabilities 8,096 1,062 9,158
Pension provisions 428 – 428
Other noncurrent provisions 110 – 110
Current provisions 224 – 224
Noncurrent liabilities2 2,729 1,062 3,791
Current liabilities 4,605 – 4,605
Equity1 2,186 2,677 4,863
Equity attributable to shareholders of Volkswagen
AG1 825 1,010 1,835
Minority interests 1,361 1,667 3,028
1 Excluding goodwill of Volkswagen AG.
2 Including deferred taxes.
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