Catom Annual Report 2022 EN

1.3.1 Mergers and acquisitions The shares of Slurink Holding B.V., Slurink B.V., Service Centrum Lobith B.V. and Slurink Transport B.V. were acquired on 3 November 2022. The purchase price represents the equity of Slurink Holding as at 31 December 2021, with an additional daily payment for the 2022 result until the acquisition date. As of these dates, the acquisitions have been consolidated into the figures in the respective years. On 15 June 2022, a letter of intent was signed to acquire 100% of the shares of Slurink Holding B.V. As of 3 November 2022, Catom B.V. actually has control of Slurink Holding B.V., so the acquisition has been accounted for using the purchase accounting method as of that date. As of 12 December 2022, the companies DutchOil B.V., B.E.C. ‘t Gooi B.V., Stacey Olieproducten B.V., Van Wifferen B.V., Witvoet Tankstation B.V. and L. van den Heuvel Aardolieprodukten B.V. were merged into OK Oliecentrale B.V. 1.4. Affiliates Affiliates are all legal entities over which the company may exercise control, joint control or a significant influence. Other legal entities capable of exercising control are also considered affiliates. In addition, the members of the Executive Board, other key management personnel of the company and their close relatives are considered affiliates. Significant transactions with affiliates other than wholly-owned group companies are disclosed insofar as they have not been entered into at arm’s length. The disclosures describe the nature and amount of the transaction and any other information that is necessary for proper insight. 1.5. Notes to the cash flow statement The cash flow statement has been prepared according to the indirect method. The cash items presented in the cash flow statement consist of the cash and cash equivalents and the debts to credit institutions. Income and expenditure relating to interest, dividends received and corporation tax are classified under the cash flow from operating activities. Dividends paid are included in the cash flow from financing activities.

Cash flows in foreign currencies are translated at estimated average exchange rates.

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