Reuters News & Media Denmark Aps

Virksomhedens 0resultatopgørelse for 2022 udviser et overskud på 73.168.554 kr. mod et underskud på 391.071 kr. sidste år, og virksomhedens balance pr. 31. december 2022 udviser en egenkapital på 77.218.594 kr.
COVID-19 har ikke haft nogen indflydelse på selskabets drift i regnskabsåret.
Kapitalforhold
Til sikring af finansiering af driften har virksomheden fået tilsagn fra Thomson Reuters Holdings S.A. om at yde virksomheden fornøden finansiel støtte og om fornødent tilføre likvide midler til betaling af løbende forpligtelser, således at virksomheden kan fortsætte erhvervsmæssig drift. Tilsagnet er gældende til 31. december 2023 forudsat at Thomson Reuters Holdings S.A. har den bestemmende indflydelse i virksomheden.

Fusion
Thomson Reuters Enterprise Centre GmbH købte PLX den 31. august og gennemførte efterfølgende en parallel fusion med Reuters News & Media Denmark.

Thomson Reuters købte PLX AI ApS ("PLX") den 31. august 2022 og gennemførte efterfølgende en parallel fusion med Reuters News & Media Denmark ApS ("RNMD"). I forbindelse med denne fusion opløses PLXAI ApS uden likvidation ved overdragelse af sine aktiver og passiver som helhed til Reuters News & Media Denmark ApS.

Fusionens juridiske konsolideringsdato var den 2. september 2022, men regnskabsmæssigt trådte fusionen i kraft den 1. januar 2022, fra denne dato anses PLX AI ApS' aktiver og passiver samt øvrige rettigheder og forpligtelser for at være overført til Reuters News & Media Denmark ApS. Denne fusion er en skattefri fusion efter fusionsskattelovens bestemmelser.

Da der er tale om en retrospektiv fusion, erhvervede RNMD PLX's åbningsbalance og registrerede efterfølgende bevægelserne i løbet af året. Saldiene pr. 1. januar 2022 er som følger;

1. Omsætningsaktiver : 3.506.437 DKK
2. Langfristede aktiver: 30.921 DKK
3. Langsigtet Gæld 512.548 DKK
4. Kortsigtet Gæld: 868.281 DKK
5. Egenkapital: 2.156.529 DKK

Vederlag for aktierne:

i PLX AI ApSSom led i fusionen modtog aktionærerne som modydelse for sine aktier i PLX AI ApS aktier i Reuters News & Media Denmark ApS svarende til nominelt DKK 100,00 fordelt på aktier à nominelt DKK 1,00 til en tegningskurs på 100.072.249,42.

Organiseret arbejdskraft er ikke væsentlig: FTE's (Danmark) udviklere, 2 deltidsjournalister og 1 praktikant.
Købsvederlag for immaterielle rettighedder:

Som modydelse for overdragelsen af de overførte aktiver og kundeaftalen betalte Thomson Reuters Enterprise Centre GmbH ("erhverver") til Reuters News & Media Denmark ApS ("overdrager") et beløb på syv millioner fire hundrede tusind amerikanske dollars ($ 7.400.000,00) ved underskrivelsen ("den oprindelige købspris").

Ud over den oprindelige købspris skal erhververen betale overdrageren et udskudt vederlag som earn-out-betalinger på op til det samlede beløb på 5.240.000 USD (op til 2,62 mio. USD i 2023 og op til 2,62 mio. USD i 2024) på de angivne tidspunkter og efter opnåelse af visse definerede resultatkriterier og andre krav.

Fusion - Som nævnt ovenfor, at fusionen mellem RNMD og PLX er retrospektiv, blev PLX's bogførte nettoværdier pr. 1. januar 2022 fusioneret med RNMD med en tilsvarende virkning til kontoen for overført resultat. I løbet af året 2022 registrerede RNMD PLX-transaktionerne indtil den juridiske fusionsdato den 02. september 2022. RNMD udstedte aktier i bytte for fusionen mod et vederlag på DKK 100.072.249,42. Igen debiteres det tilbageholdte resultat, og aktiekapitalen krediteres ovennævnte beløb, det overskydende vederlag i forhold til nettoaktiverne registreres som en regulering af den tilbageholdte indtjening/egenkapital.

Salg af immaterielle rettigheder ("IPR") - Som nævnt ovenfor indgik erhververen en aftale med PLX om at sælge IPR som anført i ovenstående afsnit. Da PLX's resultater konsolideres med RNMD, vises fortjenesten ved salg af IPR som en del af RNMD's resultatopgørelse.

Fusionens juridiske konsolideringsdato er fastsat til 2. september, men regnskabsmæssigt trådte fusionen i kraft den 1. januar 2022.Regnskabsposterne registreres korrekt ved fusion og salg af IPR., The income statement for 2022 shows a profit of DKK 73,168,554 against a loss of DKK 391,071 last year, and the balance sheet at 31 December 2022 shows equity of DKK 77,218,594.
COVID-19 has had no impact on the Company's operations during the financial year.
Going Concern
As a result of financing for operation, a commitment has been provided by Thomson Reuters Holdings S.A. to provide the company with the necessary financial support and, if necessary, provide liquid funds for payment of current liabilities so that the company can continue business operations. The commitment is valid until December 31 2023, provided that Thomson Reuters Holdings S.A. has the controlling influence in the company.

Merger
Thomson Reuters Enterprise Centre GmbH acquired PLX on August 31 and subsequently carried out a parallel merger with RNML Denmark.

Thomson Reuters acquired PLX AI ApS (“PLX”) on August 31, 2022 and subsequently PLX carried out a parallel merger with Reuters News & Media Denmark ApS (“RNMD”) . In connection with this merger, PLXAI ApS will be dissolved without liquidation by transfer of its assets and liabilities as a whole to Reuters News & Media Denmark ApS.

The merger's legal date of consolidation was September 2, 2022, but from an accounting standpoint, the merger became effective on January 1st, 2022, from this date the assets and liabilities and other rights and obligations of PLX AI ApS' will be deemed to have transferred to Reuters News & Media Denmark ApS.This merger is a tax-free merger under the provisions of the Danish Merger Tax Act.

Since it is a retrospective merger,RNMD acquired the opening balance of PLX and subsequently recorded the movements throughout the year. The balances as of 1 January 2022, are as follows;

1. Current Assets : 3,506,437 DKK
2. Non current assets: 30,921 DKK
3. Long term Liab 512,548 DKK
4. Short term Liab: 868,281 DKK
5. Equity: 2,156,529 DKK

Consideration for the shares in PLX AI ApS:

As part of the merger, the shareholder received, in consideration for their shares in PLX AI ApS, shares in Reuters News & Media Denmark ApS representing a total nominal amount of DKK 100.00, divided into shares with a nominal value of DKK 1.00 each, at a subscription rate of 100,072,249.42.

Organized workforce is not substantive: FTE’s (Denmark) developers, 2 part-time journalists and 1 intern.
Purchase Consideration for Intellectual property rights:

In consideration of the assignment of the Transferred Assets and the customer agreement, Thomson Reuters Enterprise Centre GmbH (“assignee”) paid to Reuters News & Media Denmark ApS (“assignor”) the amount of seven million four hundred thousand US Dollars ($ 7,400,000.00) on signing (the “Initial Purchase Price”).

In addition to the Initial Purchase Price, Assignee shall pay to Assignor a deferred consideration as earn-out payments of up to the total amount of $5,240,000 (up to $2.62 million in 2023 and up to $2.62 million in 2024) at the times specified and upon the achievement of certain defined performance criteria and other requirements.

As mentioned above that the merger between RNMD and PLX is retrospective, the net book values of PLX as at January 01, 2022 were merged with RNMD with a corresponding effect to the retained earnings account. During the year 2022, RNMD recorded the PLX transactions until the legal merger date of September 02, 2022. RNMD issued shares in exchange of the merger for a consideration of DKK100,072,249.42. Again, the retained earnings is debited and equity share capital is credited for the above amount, the excess of consideration over net assets is recorded as an adjustement to the retained earnings/equity.

Sale of Intellectual property rights (“IPR”) - As mentioned above, the assignee entered into an agreement with PLX to sell the IPR as stated in the paragraph above. Because PLX’s results are consolidated with RNMD, the profit from sale of IPR is shown part of the profit and loss account of RNMD.

The merger's legal date of consolidation is set as September 2nd, but from an accounting standpoint, the merger became effective on January 1st, 2022.The accounting entries are recorded properly for the merger and sale of IPR.