The main acquisitions of the period are:
The goodwill resulting from the Groupe’s acquisitions was calculated as follows:
| (in millions of euros) | Mars | Influential | Spinnaker |
|---|---|---|---|
| Cash consideration | Cash consideration Mars 528 |
Cash consideration Influential 196 |
Cash consideration Spinnaker 113 |
| Earn-out consideration | Earn-out consideration Mars – |
Earn-out consideration Influential 184 |
Earn-out consideration Spinnaker 4 |
| Total consideration transferred (A) | Total consideration transferred (A) Mars 528 |
Total consideration transferred (A) Influential 380 |
Total consideration transferred (A) Spinnaker 117 |
| Non-controlling interests (B) | Non-controlling interests (B) Mars 12 |
Non-controlling interests (B) Influential – |
Non-controlling interests (B) Spinnaker – |
| Technology | Technology Mars 26 |
Technology Influential – |
Technology Spinnaker – |
| Customer relationship | Customer relationship Mars 164 |
Customer relationship Influential 26 |
Customer relationship Spinnaker 10 |
| Deferred tax liabilities related to acquired intangible assets | Deferred tax liabilities related to acquired intangible assets Mars (51) |
Deferred tax liabilities related to acquired intangible assets Influential (7) |
Deferred tax liabilities related to acquired intangible assets Spinnaker (3) |
| Other assets | Other assets Mars 106 |
Other assets Influential 57 |
Other assets Spinnaker 12 |
| Other liabilities | Other liabilities Mars (79) |
Other liabilities Influential (30) |
Other liabilities Spinnaker (3) |
| Total identifiable net assets acquired (B) | Total identifiable net assets acquired (B) Mars 166 |
Total identifiable net assets acquired (B) Influential 46 |
Total identifiable net assets acquired (B) Spinnaker 16 |
| Goodwill (A + B – C) | Goodwill (A + B – C) Mars 374 |
Goodwill (A + B – C) Influential 334 |
Goodwill (A + B – C) Spinnaker 101 |
Goodwill mainly relates to the know-how and technical skills of the employees of the acquired entities and to the ability to maintain and develop existing assets. None of the goodwill recognized is expected to be deductible for tax purposes.
Intangible assets (technology and client relationships) are valued using the royalty method and the excess earnings method respectively. The royalty method considers the discounted estimated royalties payments that are expected to be avoided as a result the patent or trademark being owned. The excess earnings method considers the present value of net cash flows expected to be generated by the client relationships.
The cash flows related to the 2024 acquisitions are as follows:
| (in millions of euros) | 2024 |
|---|---|
| Cash consideration | Cash consideration 2024923 |
| Cash and cash equivalents of the acquired group | Cash and cash equivalents of the acquired group 2024(75) |
| Earn-out payments | Earn-out payments 202467 |
| Acquisitions of subsidiaries, net of cash acquired | Acquisitions of subsidiaries, net of cash acquired 2024915 |
Acquisitions during the period contribute less than 1% of consolidated net revenue in financial year 2024 and less than 1% of net income attributable to equity holders of the parent company.
Acquisition costs are recognized in other operating expenses.
