3 BUSINESS COMBINATIONS (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2017

Dec. 31, 2016

Business Combinations Tables

Purchase price allocation

Presented below is the summary of the foregoing acquisitions:

Allocation of purchase price in millions of U.S. dollars 

Asset Component	Ameri Georgia		Bigtech		Virtuoso		Ameri Arizona		Ameri California
Intangible Assets		1.8		0.6		0.9		5.4		3.8
Goodwill		3.5		0.3		0.9		10.4		5.0
Working Capital
Current Assets
Cash		1.4		-		-		-		-
Accounts Receivable		5.6		-		-		-		-
Other Assets		0.2		-		-		-		-
		7.3		-		-		-		-
Current Liabilities
Accounts Payable		1.3		-		-		-		-
Accrued Expenses & Other Current Liabilities		1.3		-		-		-		-
		2.7		-		-		-		-
Net Working Capital Acquired		4.6		-		-		-		-
Total Purchase Price		9.9		0.9		1.8		15.8		8.8

Allocation of purchase price in millions of U.S. dollars
Asset Component	Ameri Georgia		Bigtech		Virtuoso		DCM
Intangible Assets		1.8		0.6		0.9		5.4
Goodwill		3.5		0.3		0.9		10.4
Working Capital
Current Assets
Cash		1.4		—		—		—
Accounts Receivable		5.6		—		—		—
Other Assets		0.2		—		—		—
		7.3		—		—		—
Current Liabilities
Accounts Payable		1.3		—		—		—
Accrued Expenses & Other Current Liabilities		1.3		—		—		—
		2.7		—		—		—
Net Working Capital Acquired		4.6		—		—		—
Total Purchase Price		9.9		0.9		1.8		15.8

Revenue and earnings information

Revenue and Earnings of Acquisitions since the date of acquisition (in millions of U.S. dollars)
	Ameri Georgia		Bigtech		Virtuoso		DCM
Year of acquisition	2015		2016		2016		2016
Revenue		8.6		0.5		1.1		7.7
Earnings		1.0		0.0		0.2		0.3

Pro forma information

Supplemental Pro Forma Information of Acquired Entities of Ameri Holdings, Inc. for the Year Ended December 31, 2016 (in millions of U.S. dollars)
	Ameri Holdings, Inc.			Virtuoso		DCM		Total
Revenue		36.1			1.5		12.4		50.0
Earnings		(2.8	)		0.1		1.0		(1.7	)

Supplemental Pro Forma Information of Acquired Entities of Ameri Holdings, Inc. for the Year Ended December 31, 2015 (in millions of U.S. dollars)
	Ameri Holdings, Inc.			Virtuoso		DCM		Total
Revenue		20.3			3.2		17.9		41.4
Earnings		(0.8	)		0.4		1.1		0.7