Grand Ole Opry Tickets
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Grand Ole Opry Flash News
Deferred considerationEstimates are required in respect of the amount of deferred contingent consideration, which is determined according to formulae agreed at the timeof the business combination, and normally related to the future earnings ofthe acquired business. The Directors review the amount of contingent consideration likely to become payable at each balance date, the major assumption being the level of future profits of the acquired business. At29th March, 2009 the Group has outstanding deferred consideration payableamounting to £31.1 million (28th September, 2008 £37.6 million).Deferred consideration is discounted to its fair value in accordance withIFRS 3 and IAS 37.
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