Notes to the financial statements

Notes to the financial statements

3. Disposals
Disposals in 2016
Disposal of Tansec Oy
As a part of the Anvia ICT companies acquisition, Elisa divested the fully owned Tansec Oy on 1 July 2016. The sales price was EUR 1.1 million. The divestment resulted in a profit of EUR 0.6 million, recorded in other operating income in the consolidated income statement, and it removed a total of EUR 0.6 million goodwill from the Group. The impact of the result incurred during the period of the ownership by the Group has been taken into account in the profit.
The Group has consolidated the result of Tansec Oy until 30 June 2016.
Net assets of the sold entity    
EUR million   Carrying amount
Intangible assets   0.2
Property, plant and equipment   0.1
Inventories   0.1
Trade and other current receivables   0.3
Cash and cash equivalents   0.1
Trade payables and other current liabilities   -0.9
    -0.1
Effects of disposal on cash flow    
EUR million    
Sales price received in cash   1.1
Cash and cash equivalents of the sold entity   -0.1
    0.9
Disposal of Elisa Rahoitus Oy
Elisa divested the fully owned Elisa Rahoitus Oy on 1 July 2016. The sales price was EUR 1.6 million. The divestment did not have an impact on the consolidated income statement. The impact of the result incurred during the period of the ownership by the Group has been taken into account in the sales price calculation.
The Group has consolidated the result of Elisa Rahoitus Oy until 30 June 2016.
Net assets of the sold entity    
EUR million   Carrying amount
Intangible assets   0.9
Trade and other current receivables   0.3
Cash and cash equivalents   0.6
Trade payables and other current liabilities   -0.2
    1.6
Effects of disposal on cash flow    
EUR million    
Sales price received in cash   1.6
Cash and cash equivalents of the sold entity   -0.6
    1.0
     
Disposal of Multi-function printer business
Elisa Appelsiini divested the Multi-function printer business on 7 December 2016. The sales price was EUR 0,5 million, and the net assets sold were EUR 0.1 million. The divestment resulted in a profit of EUR 0.4 million recorded within other operating income in the consolidated income statement.
Effects of disposal on cash flow    
EUR million    
Sales price received in cash   0.5
Disposals in 2015
There were no disposals during 2015.
     

Tell a friend

Your name
Your email
 
Email title
Message
 
Friends emails

 Add friend