Business combinations (Tables)

12 Months Ended

Mar. 31, 2021

The fair value of the net assets acquired and consideration paid were as follows:


(EUR thousand)

Net assets acquired and consideration paid			ZigZag Global
Software			5,223
Property, plant and equipment			23

Trade and other receivables			1,886

Cash			1,680
Trade and other payables			(2,575)
Borrowings			(2,327)
Deferred tax liabilities			(1,305)
Fair value of assets and liabilities			2,605
Goodwill arising on acquisition			63,776

Consideration payable			66,381
Satisfied by:
Cash consideration paid			(51,879)
Cash consideration payable			(349)
Ordinary shares issued			(4,557)
Contingent consideration payable			(9,596)
Total consideration			(66,381)

Cash consideration paid			(51,879)
Cash acquired			1,680
Repayment of borrowings acquired			(2,327)
Total net cash outflow			(52,526)

The fair value of net assets acquired in respect of the acquisition of Refund Suisse were as follows:


(EUR thousands)

Net assets acquired and consideration paid			Refund Suisse AG
Software			53
Property, plant and equipment			13
Long-term receivables			19
Trade and other receivables			237
Current tax assets			7

Trade and other payables			(291)
Long-term payables			(58)
Fair value of assets and liabilities			(20)
Goodwill arising on acquisition			7,038
Non-controlling interests			—
Consideration payable			7,018
Satisfied by:
Cash consideration paid			5,467

FV of the contingent consideration			1,551
Total consideration			7,018