voxeljet AG Reports Financial Results for the Second Quarter Ended June 30, 2015

voxeljet performed a preliminary purchase price allocation as of December 31, 2014 with respect to certain separately identified intangible assets. As of March 31, 2015, the Company adjusted the purchase price allocation according to the fair values of the intangible assets and deferred taxes. Intangible assets have been reduced by kEUR 118 with a corresponding increase of the goodwill and deferred tax adjustments decreased goodwill by kEUR 263. The acquired assets and liabilities comprise the following items based on the adjusted purchase price allocation:

  October 1, 2014
(€ in thousands)
  Fair value
Current assets 514
Cash and cash equivalents 2
Trade receivables 211
Inventories 301
Non-current assets 3,936
Intangible assets 1,134
Property, plant and equipment 2,802
Total assets 4,450
 
Current liabilities 3,466
Financial liabilities 1,542
Trade liabilities 1,126
Accruals 200
Bank overdraft 71
Other liabilties 527
Non-current liabilities 1,430
Financial liabilities 1,430
Total liabilities 4,896
 
Net assets (liabilities) acquired (446)
 
Purchase price 967
 
Goodwill 1,413

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