That's an interesting approach to the production problem of forging a tool with bits sticking out in every direction. It looks like they did three separate forgings, each of which would be fairly simple to make, and stuck them all together. I bet total production cost went way down, compared to the cost of forging all three functions (hammer, pry claw, hatchet) from one piece.
Awkward looking hammer face, though; you'd have zero latitude for slanting the hammer. It would have to be pretty well dead parallel to the surface into which the nails were being driven, and I bet there were a lot of cussing shipping department employees, nursing skinned knuckles, from using it. Imagining myself in that shipping department, I'd hope for enough seniority to grab the tool with the hammer face opposite the hatchet face, which should be easier to use.