Bristow acquisitions, on the record

Word for word“On January 29, 2015, Bristow Helicopters Australia Pty Ltd. (“Bristow Helicopters Australia”) acquired an 85% interest in Capiteq Limited, operating under the name Airnorth, for cash of A $30.3 million ( $24.0 million ) with possible earn out consideration of up to A $17.0 million ( $13.0 million ) to be paid over four years based in part on the achievement of specified financial performance thresholds and continued employment by the selling shareholders.” 10-K for 2017

Word for word“In November 2015, we purchased the remaining 15% of the outstanding shares of Airnorth for A $7.3 million ( $5.3 million ) resulting in a reduction of $5.5 million to redeemable noncontrolling interests and an increase of $2.6 million to additional paid-in capital on our consolidated balance sheet.” 10-K for 2017

Word for word“Also since the beginning of fiscal year 2013, we have raised $1.6 billion of capital with both public and private financings, generated gross proceeds of $116.4 million through the divestiture of non-core businesses (including the sale of our 50% interest in each of FBS Limited, FB Heliservices Limited and FB Leasing Limited, collectively referred to as the FB Entities, in fiscal year 2014 and the sale of Helideck Certification Agency (“HCA”) in fiscal year 2015)” 10-K for 2017

Word for word“Additionally, we sold our 50% interest in HCA for $4.2 million.” 10-K for 2017

Word for word“Results for fiscal year 2014 include a gain on the sale of the FBS Limited, FB Heliservices Limited and FB Leasing Limited (collectively, the “FB Entities”) of $103.9 million ($67.9 million, net of tax), $12.7 million ($8.3 million net of tax) in charges related to the cancellation of a potential financing, a $12.7 million ($10.1 million, net of tax) write-down of inventory spare parts to the lower of cost or market value, $13.6 million ($8.8 million, net of tax) in lower earnings from Líder resulting primarily from a tax amnesty payment Líder made to the Brazilian government, $8.6 million ($6.6 million, net of tax) related to losses from a hangar fire, $5.5 million ($6.5 million, net of tax) in restructuring costs, $4.8 million ($3.1 million, net of tax) of Chief Executive Officer succession and officer separation costs and $0.6 million ($0.4 million, net of tax) of goodwill impairment charges.” 10-K for 2018

Word for word“The Bristow Norway and Eastern Airways International Limited (“Eastern Airways”) acquisitions, completed in October 2008 and February 2014, respectively, included in our Europe Caspian region, resulted in intangible assets for client contracts, client relationships, trade names and trademarks, internally developed software and licenses.” 10-K for 2018

Word for word“The Capiteq Limited, operating under the name Airnorth, acquisition completed in January 2015, included in our Asia Pacific region, resulted in intangible assets for client contracts, client relationships and trade name and trademarks.” 10-K for 2018

Word for word“On May 10, 2019, we sold Eastern Airways.” 10-K for 2019

Word for word“In April 2019, we sold our 60% ownership interest in BHLL.” 10-K for 2019

Word for word“In January 2018, we acquired the remaining 40% of the outstanding shares of Eastern Airways for nominal consideration, resulting in a reduction of $6.1 million to redeemable noncontrolling interest and a corresponding increase to additional paid-in capital on our consolidated balance sheet.” 10-K for 2019

Word for word“Columbia Transaction — On November 9, 2018, we entered into a definitive agreement to acquire Columbia Helicopters Inc. (“Columbia”) for $496.75 million in cash and 6.2 million shares of common stock of the Company.” 10-K for 2019