Company: RKLIF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0001654954-25-008672
Chunk: 19

Company: RENTOKIL INITIAL PLC /FI
Filing Date: 2025-07-31
Form: 6-K
Chunk 19
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 dividend payable.

#### 8. Business combinations
During the period the Group purchased 100% of the share capital or trade and assets of 18 companies and businesses (2024: 23). An overview of the acquisitions in the year can be found under the 'Good contributions from Bolt-on M&A' heading. The Group acquires companies and businesses as part of its growth strategy.

The total consideration in respect of these acquisitions was $68m (2024: $143m). The provisional fair values of assets and liabilities arising from acquisitions will be finalised within 12 months of the dates of acquisition.

Details of goodwill and the provisional fair value of net assets acquired in the period are as follows:

|                                               |  6 months to 
 30 June 2025 
           $m |  6 months to 
 30 June 2024 
           $m |
| Purchase consideration                        |              |              |
| - Cash paid                                   |           55 |           74 |
| - Deferred and contingent consideration       |           13 |           69 |
| Total purchase consideration                  |           68 |          143 |
| Provisional fair value of net assets acquired |          -19 |          -50 |
| Goodwill from current-period acquisitions     |           49 |           93 |

Goodwill represents the synergies and other benefits expected to be realised from integrating acquired businesses into the Group, such as improved route density, expansion in use of best-in-class digital tools and back office synergies.

Deferred consideration of $7m and contingent consideration of $6m are payable in respect of the above acquisitions (2024: $37m and $32m respectively). Contingent consideration is payable based on a variety of conditions including revenue and profit targets being met. During the period $10m (2024: $nil) of contingent consideration liabilities were released.

The provisional fair values of assets and liabilities arising from acquisitions in the period are as follows:

|                                 |  6 months to 
 30 June 2025 
           $m |  6 months to 
 30 June 2024 
           $m |
| Non-current assets              |              |              |
| - Intangible assets1            |           19 |           56 |
| - Property, plant and equipment |            2 |            6 |
| Current assets                  |            3 |           16 |
| Current liabilities             |           -2 |          -10 |
| Non-current liabilities         |