Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Acquisition of FOH Online Corp Inc. (Tables)

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Acquisition of FOH Online Corp Inc. (Tables)
12 Months Ended
Jan. 31, 2019
AcquisitionLineItems [Line Items]  
Disclosure of Detailed Information About Purchase Consideration

  Details of the purchase consideration, the net assets acquired and goodwill are as follows:

 

    Naked
NZ$000’s
 
Purchase consideration:        
Shares issued     14,196  

Disclosure of Detailed Information About Assets and Liabilities Recognised

The assets and liabilities recognised as a result of the acquisition are as follows:

 

    Fair value
NZ$000’s
 
Cash     592  
Trade and other receivables     4,186  
Inventories     1,810  
Intangible assets        
- Brand     2,726  
Trade and other payables     (916 )
Net identifiable assets acquired     8,398  
Add: goodwill     5,798  
Net assets acquired     14,196  

FOH Online Corp Inc. [Member]  
AcquisitionLineItems [Line Items]  
Disclosure of Detailed Information About Purchase Consideration

  Details of the purchase consideration, the net assets acquired and goodwill are as follows:

 

    FOH
NZ$000’s
 
Purchase consideration:        
Shares issued     6,872  
Debt Forgiveness     13,073  
Total purchase consideration     19,946  

Disclosure of Detailed Information About Assets and Liabilities Recognised

  The assets and liabilities recognised as a result of the acquisition are as follows:

 

    Fair value
NZ$000’s
 
Cash     278  
Net balance with sub licencee     (3,119 )
Loan payable to EJ Watson     (2,172 )
Patents and Licences     24,959  
Total of assets acquired     19,946