NDAQ » Topics » Cash flow from acquisitions and divestments of Group companies

This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.

Cash flow from acquisitions and divestments of Group companies

Cash flow from acquisitions

During 2006, Eignarhaldsfelagid Verdbrefathing (EV) was acquired, in 2005 the Copenhagen Stock Exchange (CSE) was acquired and in 2004 National Stock Exchange of Lithuania and JHC. The cash flow from these acquisitions is described in the table below:

 

(SEK in millions)    2006     2005     2004  
   

Intangible assets

   275     1,224     (17 )

Tangible fixed assets

   1     12     (1 )

Financial fixed assets

   8     21     (2 )

Receivables

   19     80     (20 )

Cash equivalents

   33     307     (61 )

Long-term liabilities

            

Current liabilities

   (22 )   (187 )   50  

Minority interests

           18  
                  

Total purchase price

   314     1,457     33  

Total purchase price paid

   (314 )   (1,457 )   (33 )

Less earlier holding in acquired company

       18      

Less payment with treasury shares

   256     232      
                  

Purchase price paid

   (58 )   (1,207 )   (33 )

Cash equivalents in acquired Group company

   33     307     61  
                  

Cash Flow From Acquisitions

   (25 )   (900 )   28  

Acquisition costs affecting cash flow in the forthcoming year

   6          
                  

Total Cash Flow From Acquisitions

   (19 )   (900 )   28  
   

 

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