Financial statements sample-NOTES-ACQUISITION(收购)

（Edited by freelance Chinese translator li – English to Chinese translation or Chinese to English translation services- financial statement translation）

ACQUISITION（收购） OF SISIS
On July 1, 2005, OCLC PICA Group B.V. purchased library management systems provider Sisis Informationssysteme GmbH and subsidiary (“Sisis”) for 3,769,500 Euros ($4,504,700 at July 1, 2005). The acquisition was accounted for（说明/记录） by the purchase method of accounting（收购会计法）. The purchase price was allocated to the assets acquired and liabilities assumed（承担的） based on their fair values at the date of acquisition. Goodwill, representing the excess of cost over fair value of assets acquired, of 3,145,200 Euros ($3,758,700) was recorded and is included in fixed assets（固定资产）. Sisis operations were fully consolidated with PICA B.V. beginning July 1, 2005, and revenues of $5,379,800 were included in OCLC’s consolidated results for the year ended June 30, 2006.

ACQUISITION OF FDI
On November 2, 2005, OCLC PICA Group B.V. purchased Fretwell-Downing Group Ltd. and subsidiaries (“FDI”), a provider of digital library solutions（数字图书馆解决方案）, for 7,383,600 Euros ($8,913,100 at November 2, 2005). The purchase method of accounting was used to record the transaction. Goodwill, representing the excess of cost over fair value of assets acquired, of 6,949,200 Euros ($8,388,700) was recorded and is included in fixed assets. FDI’s operations subsequent to（其后） the date of the sale are included in the consolidated financial statements for the year ended June 30, 2006, and its revenues for the eight months ended June 30, 2006, were $6,314,900. The pro-forma （形式上的）consolidated results for the fiscal year 2006, assuming the purchase had been made at the beginning of the fiscal year, would not have been materially（实质性） different from reported results.

ACQUISITION OF OPENLY INFORMATICS
On January 1, 2006, OCLC acquired certain assets and related liabilities of Openly Informatics, Inc., a global knowledge base（全球知识库） provider for $1,950,000. The purchase was accounted for by the purchase method of accounting. Assets acquired of $1,958,100 and liabilities assumed（承担的负债） of $8,100 were based on their fair market values at the date of acquisition. Openly Informatics revenues subsequent to the purchase date of $347,500 and related operating costs are included in the consolidated financial statements for the year ended June 30, 2006. The pro-forma consolidated results for the fiscal year 2006, assuming the acquisition had been made in the beginning of the fiscal year, would not have been materially different from reported results.

ACQUISITION OF RLG
Effective July 1, 2006, OCLC combined operations with The Research Libraries Group, Inc. (“RLG”). The purchase was accounted for by the purchase method of accounting. The fair values of assets acquired with the transaction were $3,022,300 and liabilities assumed were $7,243,400. Goodwill, representing the excess of cost over fair value of assets acquired, of $4,221,100 was recorded and expensed（摊销） over its useful life of one year. RLG’s online products and services were integrated with OCLC’s and a new RLG unit was created within OCLC Programs and Research. RLG’s operations were fully consolidated with OCLC beginning July 1, 2006, and revenues of $11,265,400 were included in OCLC’s consolidated results for the year ended June 30, 2007.