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Home | 2000 Industrials | 2700 Industrial Goods & Services | 2710 Aerospace & Defense

2713 Aerospace

Safran SA Period End 31 December 2009

Put option recognised as financial liability at lowest Level of fair value hierarchy
French engineering company Safran recognises as a financial liability a €125 million put option granted to the holders of a 19% minority interest, increasing total goodwill by 3.8% in a policy that will no longer be permitted under IFRS, and discloses that it is measured at Level 3 of the fair value hierarchy.
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