Ann: IDX: Replacement Bidder's Statement, page-51

Hi tamz,

This is the passage I was looking at :

6.12   Specific assumptions

Specific Business Operations (both scenarios)

The pro-forma forecast financial information of the Combined Group is based on the full year contributions from:

• existing Capitol operations; and

• operations of Integral, and other businesses in the process of being acquired by Capitol during the period from 1 July 2017 to the date of this Bidder’s Statement, namely Radiology Tasmania and the business of I-rad,

and excludes any contributions from the NSW radiology businesses which were sold on 31 August 2017, and forecast transaction , restructure and integration costs which will be recognised as expenses within the profit and loss of the Combined Group as incurred.

Accordingly, the pro-forma forecast financial information of the Combined Group will not be consistent to the preparation of Capitol’s FY18 Annual Report which will:

• exclude the contributions prior to the respective acquisition dates of Integral and any other businesses acquired by Capitol during FY18;

• include a proportion of the annual forecast synergy savings as these synergy savings will be progressively realised following completion of the Offer. Capitol anticipates that there will not be a significant amount of the annual forecast synergy savings realised and reported within the FY18 results;

• include the contributions of the NSW radiology businesses for the two months to 31 August 2017; and

• include transaction, restructure and integration costs incurred during the year.