Haier 2010 Annual Report Download - page 177

31 December 2010
二零一零年十二月三十一日
NOTES TO FINANCIAL STATEMENTS
財務報表附註
HAIER ELECTRONICS GROUP CO., LTD 海爾電器集團有限公司
Annual Report 2010 二零一零年年報 175
33. SHARE OPTION SCHEME (Cont’d)
The fair value of equity-settled share options granted during the
year was estimated as at the date of grant, taking into account the
terms and conditions upon which the options were granted. The
following table lists the inputs to the model used:
2010 2009
Management Directors and
staff and management External
key employees staff consultants
二零一零年
管理員工及 二零零九年
主要僱員 董事及管理員工 外聘顧問
Expected dividend yield (%) 預期股息率（%） 1.04 2.38 2.38
Expected volatility (%) 預期歷史波幅（%） 66.42 65.10 67.61
Risk-free interest rate (%) 無風險利率（%） 1.37 1.73 1.48
Life of options (year) 購股權年期（年） 4 5 4
Weighted average share 加權平均股價
price (HK$ per share) （每股港元） 4.82 1.70 1.70
The expected volatility is determined based on the historical volatility
of the share price of the Company. The expected volatility reflects
the assumption that the historical volatility is indicative of future
trends, which may also not necessarily be the actual outcome.
No other feature of the options granted was incorporated into the
measurement of fair value.
The 11,170,000 share options exercised during the year resulted in
the issue of 11,170,000 ordinary shares of the Company and new
share capital of HK$1,117,000 (equivalent to RMB958,000 and
share premium of HK$17,872,000 (equivalent to RMB15,335,000),
as further detailed in note 32 to the financial statements.
At the end of the reporting period, the Company had 98,440,000
share options outstanding under the Share Option Scheme. The
exercise in full of the outstanding share options would, under
the present capital structure of the Company, result in the
issue of 98,440,000 additional ordinary shares of the Company
and additional share capital of HK$9,844,000 (equivalent to
RMB8,367,000) and share premium of HK$238,499,000 (equivalent
to RMB202,719,000) (before issue expenses).
33. 購股權計劃 （續）
年內授出以股本結算之購股權公平值按授出日
期估計，並考慮授出購股權之條款及條件。下
表列出所用模式之輸入值：
預期波幅乃基於本公司股價之歷史波幅釐定。
預期波幅反映估算時乃假設過往波幅反映未來
趨勢，但亦未必與實際情況相符。
並無其他授出購股權之特性計入公平值之計
量。
於年內行使之11,170,000份購股權導致發行本
公 司11,170,000股 普 通 股 及 新 股 本1,117,000
港元（相等於人民幣958,000元 ）及 股 份 溢 價
17,872,000港元（相等於人民幣15,335,000
元），詳情載於財務報表附註32。
於報告期末，本公司根據購股權計劃有
98,440,000份尚未行使購股權。根據本公司現
有股本架構，悉數行使尚未行使之購股權將導
致額外發行98,440,000股本公司普通股及增加
股 本9,844,000港元（相等於人民幣8,367,000
元）及股份溢價238,499,000港元（相等於人民幣
202,719,000元）（扣除發行費用前）。