Page 62 - Sector Alarm Annual Report 2020

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Note 26 / Disposal of subsidiary
Avarn Security Holding AS
As referred to in note 25, on April 10 2019, the Group disposed of its interest in Avarn Security Holding AS. The net assets at the date of disposal were as follows:
Amounts in TNOK
Property, plant and equipment
Intangible assets
Trade receivables
Bank balances and cash
Deferred tax asset Loans external Trade payables
Net other assets Attributable goodwill
Net assets disposed of
Gain on disposal
Total consideration
Satisfied by:
Cash and cash equivalents
Net cash inflow arising on disposal:
Consideration received in cash and cash equivalents Less: cash and cash equivalents disposed of
There were no disposals of subsidiaries made in 2020.
The impact of Avarn Security Holding AS on the Group’s results in the current and prior years is disclosed in note 25. The gain on disposal is included in the profit for the year from discontinued operations (see note 25).
April 10, 2019
83 946
157 222
338 752
25 414
-21 342
-29 362
-67 472
-794 457
293 999
-13 300
548 300
535 000
535 000
535 000
-25 414