Management prepared the provisional purchase price allocation to net assets, customer relationships, trade names,other intangible assets and goodwill assisted by an external
valuation expert. We have assessed the competence and relevant experience of the expert engaged by management. We used our own valuation specialists to audit the reasonableness of management’s valuation methodologies and assumptions,using source data and market data. Furthermore we ssessed the sensitivity of management’s estimates and assumptions used in the purchase price allocation and audited the adequacy of the related disclosures in note 4 to the financial statements.