Asus 2007 Annual Report Download - page 111

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107
ASUSTEK COMPUTER INC.
Notes to Non-Consolidated Financial Statements (Unaudited)
(In New Taiwan thousand dollars unless otherwise stated)
23
(4) The Company’s board resolved, on July 24, 2007, to acquire shares of Ability
Enterprise Co., Ltd. by issuing new shares of the Company to Ability Investment Co.,
Ltd. The share swap date was on September 13, 2007 with a swap ratio of 1.71 shares
of Ability Enterprise Co., Ltd. for one share of the Company’s. Because of the above
transaction, the shares of the Company for the share swap increased for 29,824,561
shares. In addition, the Company’s capital and premium on capital stock increased by
$298,245 thousand and $2,400,281 thousand, respectively.
(5) In 2007, the holders of ECB I and domestic convertible bond converted the bonds to
50,787,481 and 72,614 common shares, and increased the issued and outstanding
capital for $507,875 thousand and $726 thousand, respectively.
(6) In the first quarter of 2008, the holders of ECB I converted the bonds to 3,529,551
common shares, and increased the issued and outstanding capital for $35,296 thousand.
(7) On March 31, 2008, the authorized capital of the Company was $42,500,000 thousand
($500,000 thousand were reserved for employee stock option) of which $37,318,885
thousand were issued and outstanding, divided into 3,731,888,497 shares at $10 par
value.
15. ADDITIONAL PAID-IN CAPITAL
(1) Additional paid-in capital consist of the following:
3/31/2008 3/31/2007
Premium on capital stock $20,213,812 $17,813,532
Premium on conversion of bonds 6,310,562 3,419,076
Treasury stock transactions 617 617
Stock option for issuance of convertible bonds 1,020,109 1,020,705
Effect of changes of the investee companies’
equity
2,053,487 805,876
Total $29,598,587 $23,059,806
(2) The R.O.C. Company Law states that additional paid-in capital, other than premium on
capital stock and donated capital, shall not be used to increase capital, nor can cash
dividends be declared from such additional paid-in capital.