8.Acquisition (continued)

Details of purchase consideration and identifiable assets acquired and liabilities assumed are as follows:

The net identifiable assets acquired and liabilities assumed are as follows:

Equity instruments issued

Kingsgate Consolidated Limited issued 1,198,465 ordinary shares during the half-year in part consideration for acceptances of the share offer. The fair value of ordinary shares issued has been determined with reference to the price quoted on the Australian Stock Exchange.