Note 7 - Business Combinations (Tables)

12 Months Ended

Mar. 31, 2018

Statement Line Items [Line Items]

Disclosure of detailed information about business combinations [text block]

	$000’s
PURCHASE CONSIDERATION
Consideration in the Company’s shares (8,823,541 ordinary shares)		43,697
ASSETS
Current assets
Cash		10,229
Trade accounts receivable		10,255
Other receivables		1,753
Property plant and equipment		630
Software		99
Trade names and trademarks		5,400
Technology related assets		4,700
Customer relationships & user base		9,700
LIABILITIES
Current liabilities
Trade and other payables		(9,058	)
Term loans		(832	)
Provisions		(300	)
Income tax payable		(953	)
Term loans		(675	)
Deferred tax liabilities		(4,695	)
FAIR VALUE OF NET IDENTIFIABLE ASSETS AND LIABILITIES ASSUMED		26,253
GOODWILL		17,444

	$000’s
Property plant and equipment		3,282
Intangible assets - tradename		900
Intangible assets - software technology		6,100
Intangible assets - customer relationships		4,200
Intangible assets - favorable lease		100
Other assets		3,497
Cash and cash equivalents		4,455
Trade receivables		22,863
Credit facility		(14,431	)
Trade and other payables		(21,189	)
Deferred tax liability		(436	)
Provisional fair value of net identifiable assets and liabilities assumed		9,341
Goodwill		11,066
Total consideration		20,407
Satisfied by:
Cash		8,944
Deferred consideration		11,463
Total consideration transferred		20,407
Net cash outflow arising on acquisition:
Cash consideration		8,944
Less cash and cash equivalents acquired		(4,455	)
Total net cash outflow arising on acquisition		4,489

	$000’s
Property plant and equipment		6,944
Intangible assets - tradename		1,200
Intangible assets - software technology		15,900
Intangible assets - customer relationships		26,600
Intangible assets - favorable lease		1,418
Other assets		5,067
Cash and cash equivalents		42,487
Trade receivables		37,940
Trade and other payables		(37,241	)
Net deferred tax liability		(1,128	)
Provisional fair value of net identifiable assets and liabilities assumed		99,187
Goodwill		64,245
Total consideration		163,432
Satisfied by:
Settlement of pre-existing trading relationships		950
Cash		61,569
Share consideration		100,913
Total consideration transferred		163,432
Net cash outflow arising on acquisition:
Cash consideration		61,569
Less cash and cash equivalents acquired		(42,487	)
Total net cash outflow arising on acquisition		19,082