|
|
c. |
Business combinations |
|
|
1) |
Subsidiaries acquired |
|
|
|
Principal Activity |
|
Date of Acquisition |
|
Proportion of Voting Equity Interests Acquired (％) |
|
|
Consideration Transferred |
|
||
|
|
|
|
|
|
|
|
|
|
|
NT$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
(In Millions) |
|
|
|
Youth Co., Ltd. and its subsidiaries |
|
Sale and maintenance of information and communication technologies products |
|
September 2, 2015 |
|
|
70 |
|
|
$ |
135 |
|
|
|
2) |
Assets acquired and liabilities assumed at the date of acquisition |
|
|
|
Youth and Its Subsidiaries |
|
|
|
|
|
NT$ |
|
|
|
|
|
(In Millions) |
|
|
|
Current assets |
|
|
|
|
|
Cash and cash equivalents |
|
$ |
21 |
|
|
Accounts and other receivables |
|
|
10 |
|
|
Inventories |
|
|
30 |
|
|
Prepayments |
|
|
6 |
|
|
Other current assets |
|
|
6 |
|
|
Noncurrent assets |
|
|
|
|
|
Property, plant and equipment |
|
|
36 |
|
|
Intangible assets |
|
|
259 |
|
|
Refundable deposits |
|
|
22 |
|
|
Deferred income tax assets |
|
|
4 |
|
|
Other noncurrent assets |
|
|
32 |
|
|
Current liabilities |
|
|
|
|
|
Short-term loans |
|
|
(54 |
) |
|
Trade notes payable |
|
|
(9 |
) |
|
Accounts and other payables |
|
|
(75 |
) |
|
Other current liabilities |
|
|
(80 |
) |
|
Noncurrent liabilities |
|
|
|
|
|
Long-term loans |
|
|
(40 |
) |
|
Deferred income tax liabilities |
|
|
(44 |
) |
|
Other noncurrent liabilities |
|
|
(10 |
) |
|
|
|
$ |
114 |
|
|
|
3) |
Goodwill arising on acquisition |
|
|
|
Youth and Its Subsidiaries |
|
|
|
|
|
NT$ |
|
|
|
|
|
(In Millions) |
|
|
|
Consideration transferred |
|
$ |
135 |
|
|
Add: Noncontrolling interest (30% of the recognized amounts of Youth and its subsidiaries’ identifiable net assets) |
|
|
34 |
|
|
Less: Fair value of identifiable net assets acquired |
|
|
(114 |
) |
|
Goodwill arising on acquisition |
|
$ |
55 |
|
|
|
4) |
Net cash outflow on acquisition of subsidiaries |
|
|
|
Youth and Its Subsidiaries |
|
|
|
|
|
NT$ |
|
|
|
|
|
(In Millions) |
|
|
|
Consideration paid in cash |
|
$ |
135 |
|
|
Less: Cash and cash equivalents acquired |
|
|
(21 |
) |
|
|
|
$ |
114 |
|
|
|
5) |
Impact of acquisitions on the results of the Company’s financial performance |
The results of the acquired subsidiaries’ financial performance from the acquisition date to December 31, 2015, were as follows:
|
|
|
Youth and ItsSubsidiaries |
|
|
|
|
|
NT$ |
|
|
|
|
|
(In Millions) |
|
|
|
Revenue |
|
$ |
188 |
|
|
Net loss |
|
$ |
18 |
|