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financial statements 2011
3. Assets held for sale
The Group subsidiary Edita Prima Oy, which is a part of the Group’s Print & Distribution business area, sold the
Vilppula unit operations in 2010. The assets of the Vilppula unit are classified as held for sale in the financial year’s
statement. The sale came into force on January 1, 2011.
eur 1000
Vilppula unit’s assets classified as held for sale:
31.12.2010
Tangible fixed assets
352
Inventories
120
Total
472
4. Acquired business operations
Acquisitions in the 2011 financial year
On March 3, 2011, the Marketing Services business area acquired Gospel Communications Oy which owned 100%
of Paperjam Oy at the time of the acquisition. Goodwill of eur 0.4 million arose from the acquisition.
Acquisitions in the 2010 financial year
Subsidiary and business operation acquisitions
The Group acquired ownership of Kampanjfabriken AB’s entire capital stock. The purchase price was eur
0.3 million, of which EUR 0.1 million was paid in cash, and eur 0.2 million was paid as contingent additional
purchase price. Under the contract, the Group is committed to pay the acquired company’s profit before tax
as an additional purchase sum in the 2010-2012 financial years. The Group has recognized remunerations for
consultations related to company acquisitions under Other Operating Costs in the income statement.
In autumn 2010, the Group acquired Rolge AB’s book-binding business. The purchase price was eur 0.6 million,
and, in the acquisition, production equipment, other receivables, and operating personnel transfered to the
Group. No goodwill arose from the acquisition.
The acquisitions strengthen the direct marketing expertise in the Group’s Print & Distribution business area. The
values of the purchase price, acquired assets and liabilities of the acquisition were as follows:
eur 1000
Consideration transferred
Cash in hand
707
Contingent consideration
208
Total acquisition cost
915
Information concerning the most significant customers
In 2011, the Group’s income from one of the customers of the Editorial Communication segment were
approximately eur 11.4 million (2010: eur 9.8 million), which was 11% (9%) of the Group’s net revenue.