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 30 September 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 30 September 2019 are as follows:
|Current earn-out liabilities||NOK 128.9 million|
|Non-current liabilities||NOK 264.4 million|
|Total earn-out liabilities||NOK 393.3 million|