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Business combinations
 12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Business combinations
30. Business combinations
During the year the Group made some small acquisitions, including Lumerit Education and Smart Sparrow, for total consideration of £40m. Details of the assets acquired, and the associated consideration, are shown in the table below.
 
all figures in £ millions
  
2019
 
Intangible assets
  
 
23
 
Trade and other receivables
  
 
1
 
Trade and other liabilities
  
 
(2
) 
Net assets acquired
  
 
22
 
Goodwill
  
 
18
 
Total
  
 
40
 
Satisfied by:
  
Cash
  
 
40
 
Total consideration
  
 
40
 
There were no significant acquisitions in 2018. There were no material adjustments to prior year acquisitions in 2019. The net cash outflow relating to acquisitions in the year is shown below.    
 
All figures in £ millions
  
2019
 
  
2018
 
  
2017
 
Cash flow on acquisitions
  
  
  
Cash – current year acquisitions
  
 
(40
) 
  
 
—  
 
  
 
—  
 
Deferred payments for prior year acquisitions and other items
  
 
(5
) 
  
 
(5
) 
  
 
(11
) 
  
 
 
   
 
 
   
 
 
 
Net cash outflow
  
 
(45
) 
  
 
(5
) 
  
 
(11
) 
  
 
 
   
 
 
   
 
 
 
 
During 2019, the Group’s associate, Penguin Random House raised additional capital from its owners in proportion to their equity interests with the Group’s share being £40m.