More than 10 business combinations

If there are more than 10 business combinations additional tables and editable paragraphs are required:

  • Click Reports > Options > Setup
  • Switch Inclusions - More than 10 business combinations to On

 

 

Technical notes

The 'Acquiree's carrying amount' column is not required and has therefore not been included.

 

If the business combination was accounted for on a provisional basis (values not finalised), the last sentence would have stated:

The values identified in relation to the acquisition of CompCarrier are provisional as at 31 December 2023 as the customer contracts intangible asset fair value has yet to be finalised.

 

For a further understanding of the provisional basis, refer to the business combination accounting policy which states the following:

 

Business combinations are initially accounted for on a provisional basis. The acquirer retrospectively adjusts the provisional amounts recognised and also recognises additional assets or liabilities during the measurement period, based on new information obtained about the facts and circumstances that existed at the acquisition-date. The measurement period ends on either the earlier of (i) 12 months from the date of the acquisition or (ii) when the acquirer receives all the information possible to determine fair value.