180
In December 2013, the Group acquired 80% of the subsidiary Gravos 2012, SA by the amount of 819.000 EUR.
The addition in 2013 had the following impact on the consolidated financial statements of 31 December 2013:
Acquisition date
31/12/2013
Acquired net assets
Tangible and intangible assets (Notes 8 and 9)
777.825
777.825
Other assets
15.650
15.650
Cash & bank deposits
4.063
4.063
Other liabilities
-2.128
-2.128
795.410
795.410
Goodwill (Note 9)
179.729
Non-controlling interest
-156.139
Acquisition price
819.000
Advanced payments in 2012 (Note 10)
555.000
Payments made in 2013
264.000
819.000
Net cash-flows from acquisition
Payments made
264.000
Acquired cash & bank deposits
-4.063
259.937
5.2.2. Disposals
During the years ended December 31, 2014 and 2013 there were no disposals of subsidiaries.
