Investor Presentaiton
83
A.P. Moller-Maersk Annual Report 2020
Financials
Consolidated financial statements
Notes index
Note 10 Discontinued operations and assets held for sale or distribution - continued
Table 10.3
Cash flow from sale
Carrying amount
Intangible assets
Property, plant and equipment
Financial assets, non-current
Deferred tax assets
Current assets
Provisions
Liabilities
Net assets sold
Non-controlling interests
A.P. Møller-Mærsk A/S' share
Distribution of shares in The Drilling Company of 1972 A/S to shareholders
in A.P. Møller-Mærsk A/S
Total consideration
Cash and bank balances transferred at closing
Cash flow from sale of subsidiaries and activities
2020
2019
91
4,426
4
-14
792
-24
-1,904
3,371
3,371
-3,371
-425
-425
The net cash flow effect of USD 372m for the period
mainly related to cash and bank balances disposed to
Maersk Drilling at demerger. As part of the demerger,
A.P. Moller - Maersk was subject to a statutory demerger
liability for liabilities existing as of 4 March 2019 assigned
to The Drilling Company of 1972 A/S, pursuant to sec-
tion 254(2) of the Danish Company Act. The liability is
deemed remote.
Amounts in USD million
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