To acquire Verger SA, Colline SA pays 1,300,000 in cash, issues shares with a total nominal value of 500,000 and a fair value at the acquisition date of 820,000, and undertakes to pay 160,000 to the former owners in one year (fair value of that undertaking at the acquisition date). It also pays 90,000 of advisory fees. Calculate the consideration transferred.
- Cash paid
- 1,300,000
- Fair value of the shares issued
- 820,000
- Nominal value of the shares issued
- 500,000
- Liability incurred to the former owners
- 160,000
- Advisory fees
- 90,000