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## Notes to the financial statements 

for the financial year ended 31 March 2014 

continued 

## Note 43 

## Acquisitions and disposals of subsidiaries and businesses 

Significant entities and businesses acquired or consolidated due to acquisition of control: 

There were no significant entities or businesses acquired or consolidated due to acquisition of control during the period. 

Other entities or businesses acquired or consolidated due to acquisition of control during the financial year are as follows: 

Sequoia PV 1 LLC, Sequoia PV 2 LLC, Sequoia 3 LLC, Macquarie Renaissance Corporate Finance Holdings Limited, Corona Energy Retail 5 Limited and Macquarie Investment Management Korea Co., Ltd. 

Aggregate details of the above entities and businesses acquired or consolidated due to acquisition of control are as follows: 

<img src='content_image/183863.jpg'>

The operating results of the acquisitions have not had a material impact on the results of the Consolidated Entity. 

There are no significant differences between the fair value of net assets acquired and their carrying amounts, other than goodwill and other intangible assets as noted above. The goodwill acquired during the current financial year has arisen due to the value of the businesses acquired over their individual asset values and synergies the Consolidated Entity expects to realise from the acquisitions. 

The 31 March 2013 comparatives principally relate to Macquarie European Rail, being the significant entity and businesses acquired or consolidated due to acquisition of control. 

