Data Respons has earn-out liabilities that are initially recognised and measured at fair value at the date of acquisition.
The earn-out liabilities are usually settled over specified time period, where the previous owners receive additional payments based on the performance of the acquired company at a specified time period after the acquisition.
The earn-out liabilities as of 31 December is related to the acquisition of Atero, EPOS CAT, TechPeople, IT Sonix & XPURE, DONAT and inContext.
Total earn-out liabilities in Data Respons ASA and subsidiaries as of 31 December 2019 are as follows:
|Current earn-out liabilities||NOK 105.6 million|
|Non-current liabilities||NOK 289.3 million|
|Total earn-out liabilities||NOK 394.9 million|