Investor Presentation May 2018
Hypercity Retail: Transaction Structure (Closed w.e.f 1st Dec 2017)
Transaction Consideration
100% stake purchase by FRL in Hypercity
Retail India (Pvt) Ltd ("HRIL")
FUTURE RETAILI
Advantages of this
structure
Hypercity stores residing
ity stores re
in FRL directly
Equity
500cr
Cash
112cr
b»»»»» «««««b
Book Value of 100%
holding in HRIL
612cr
Debt
285cr
^»»»>>>>>>>>> Demerger of Retail Business
Retail Business
604cr
Non-Retail
8cr
from HRIL to FRL
Write-off of the book value
as per the Ind-AS
Significant cost synergies
on sourcing & operations
Historical losses of HRIL
amounting to 520cr to
carry forward in FRL
Non-cash & one-time
adjustment to P&L
Realization of 8cr from
the non-core business
FRL | Investor Presentation | May 2018
Sale of Non-Retail
operations for *8cr
Consideration received at
FRL
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