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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2011
Business Acquisition [Line Items]  
Pro forma results of operations, acquisition of bTV [Table Text Block]

We recorded an impairment of the trademark and goodwill during 2011, see Note 4 "Goodwill and Intangible Assets".

The following table presents unaudited pro forma results of operations of CME Ltd. as if the acquisition of the bTV group had occurred as of January 1, 2009. This pro forma financial information is not indicative of the results of operations that the Company would have attained had the acquisition of the bTV group occurred as of January 1, 2009, nor is the pro forma financial information indicative of the results of operations that may occur in the future:

 
For the Years Ending December 31,
 
2010
 
2009
 
 
 
 
Revenues
$
759,287

 
$
773,966

Net income / (loss)
98,945

 
(92,190
)
Net income / (loss) attributable to CME Ltd.
102,347

 
(81,540
)
Net income / (loss) attributable to CME Ltd. - basic and diluted earnings per share
1.60

 
(1.50
)
Weighted average common shares - basic and diluted earnings per share
64,029

 
54,344

Business Acquisitions Warrents Valuations Assumptions [Table Text Block]
We measured the fair value of the warrants on acquistion using the Black Scholes method using the following assumptions, which are consistent with those used to estimate the value of stock options as disclosed in Note 16, “Stock-Based Compensation”.
Market Price
$
25.20

Exercise Price
$
21.75

Expected Term
6 years

Volatility
67.8
%
Dividend Rate
0.0
%
Risk Free Rate
1.67
%
Warrant value
$
16.198

Number of warrants
850,000

Total Value
13,768

Bontonfilm [Member]
 
Business Acquisition [Line Items]  
Summary of fair values of assets acquired and liabilities assumed [Table Text Block]
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

 
Fair Value on Date of Acquisition (in US$ 000's)
Cash and cash equivalents
$
3,011

Property, plant and equipment
384

Program rights
201

Inventory
2,978

Other intangible assets subject to amortization (1)
1,999

Deferred tax assets, net
862

Other assets, net (2)
838

Goodwill (3)
1,477

Total purchase price
$
11,750


(1) The other intangible assets subject to amortization consist of distribution relationships with studios and are being amortized on a straight-line basis over an estimated life of 8.5 years.
(2) Amount includes US$ 4.0 million of acquired receivables, which represents management's best estimate of the approximately US$ 7.1 million contractual cash flows expected to be collected as of the acquisition date.
(3) No goodwill is deductible for tax purposes.
Btv Group [Member]
 
Business Acquisition [Line Items]  
Summary of fair values of assets acquired and liabilities assumed [Table Text Block]
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:
 
Fair value on acquisition
 
 
Cash and cash equivalents
$
485

Restricted cash
3,560

Broadcast licenses (1)
178,158

Trademark (2)
74,066

Customer relationships (3)
37,322

Programming rights
6,383

Property, plant and equipment
8,579

Other assets, net (4)
14,851

Deferred tax liabilities
(29,100
)
Goodwill (5)
115,641

Total purchase price
$
409,945


(1) License agreements are being amortized on a straight-line basis over an estimated life of 24 years as at December 31, 2011. We changed our estimate of the remaining useful life as of January 1, 2012, see Note 4 "Goodwill and Intangible Assets".
(2) The trademark is deemed to have an indefinite life.
(3) Customer relationships are being amortized on a straight-line basis over an estimated life of 15 years.
(4) Amount includes US$ 21.0 million of acquired receivables which represent the best estimate of the US$ 21.0 million contractual cash flows expected to be collected as of the acquisition date.
(5) No goodwill is expected to be deductible for tax purposes.
Media Pro Entertainment Segment [Member]
 
Business Acquisition [Line Items]  
Summary of fair values of assets acquired and liabilities assumed [Table Text Block]
The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

 
Fair Value on Date of Acquisition
(in US$'000's)
 
 
Cash and cash equivalents
$
6,638

Property, plant and equipment
77,495

Program rights
17,802

Trademarks
7,254

Other intangible assets subject to amortization (1)
4,992

Deferred tax assets
7,424

Deferred tax liabilities
(18,808
)
Other net liabilities (2)
(54,614
)
Noncontrolling interest
(2,916
)
Goodwill (3)
53,178

Total purchase price
$
98,445


(1) The other intangible assets subject to amortization consist of favorable lease agreements which are being amortized over the life of the lease using the effective interest method.
(2) Amount includes US$ 16.4 million of acquired receivables, which represents the best estimate of the US$ 18.8 million contractual cash flows expected to be collected at the acquisition date.
(3) No goodwill is deductible for tax purposes.