Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v2.4.0.8
ACQUISITION (Tables)
12 Months Ended
Mar. 31, 2014
ACQUISITION  
Schedule of pro forma summary presents consolidated information of the Company as if the business combination had occurred on April 1, 2012

 

 

 

Pro forma year
ended March 31,
2013(Unaudited)

 

Pro forma year
ended March 31,
2014(Unaudited)

 

 

 

RMB

 

RMB

 

 

 

 

 

 

 

Net revenue

 

367,598,801

 

386,386,238

 

Net income

 

20,640,931

 

23,342,382

 

Summary of consideration paid to acquire Xing Wei Group and the amounts of identifiable assets acquired and liabilities assumed at the acquisition date

 

 

 

October 31, 2013

 

 

 

RMB

 

Fair value of consideration transferred:

 

 

 

Cash

 

19,612,120

 

 

 

 

 

Fair values of identifiable assets acquired and liabilities assumed:

 

 

 

Cash

 

9,785,414

 

Accounts receivable and other current assets

 

710,300

 

Contracts in progress

 

1,225,380

 

Property and equipment

 

165,168

 

Training platform

 

422,700

 

Accrued expenses and other current liabilities

 

(285,894

)

Total identifiable net assets

 

12,023,068

 

Goodwill

 

7,589,052

 

 

 

19,612,120