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|
Effect of acquisition of Ciba on BASF Group assets | ||
|
|
Million € |
Effect in % |
|---|---|---|
|
Long-term assets |
3,610 |
11.2 |
|
Thereof goodwill |
623 |
11.8 |
|
other intangible assets |
1,095 |
19.7 |
|
property, plant and equipment |
1,766 |
10.8 |
|
Short-term assets |
2,010 |
10.0 |
|
Thereof inventories |
1,091 |
16.6 |
|
accounts receivable, trade |
391 |
5.1 |
|
other receivables and |
286 |
10.2 |
|
Assets |
5,620 |
10.7 |
On April 9, BASF completed the acquisition of Ciba Holding AG. The purchase price was €2,178 million (CHF 3,314 million). In accordance with IFRS 3, a purchase price allocation was performed for the second quarter based on estimations. The purchase price allocation that has now been completed is used as the basis for the Interim Financial Statements as of September 30, 2009. This is provisional and can be adjusted within one year.
