Shares - Consolidation

[alamode]

Im not able to understand this:
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The purchase consideration was made up of:
A share exchange of one share in Parentis for two shares in Offspring
The issue of $100 10% loan note for every 500 shares acquired; and
A deferred cash payment of 11 cents per share acquired payable on 1 April 20X7.
Parentis has only recorded the issue of the loan notes. The value of each Parentis share at the date of acquisition
was 75 cents and Parentis has a cost of capital of 10% per annum.

At 31st march X7
Equity shares of 25 cents each - 300 m
Retained earnings – 1 April 20X6 - 210 m
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So how much share capital and Share premium will we show in the consolidated Statement of Financial position?

here's the answer:
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Equity and liabilities
Equity attributable to owners of the parent
Equity shares 25c (300 + 75 ) 375m
Share premium 150m
Retained earnings (W8) 264m
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Can someone please explain this to me.. How did this 375 and 150m come ? Please help me out this is driving me crazy.

[ahyee1021]

equity and share premium are needed to add something is when there is share exchange for acquisition of subsidiary.

so,parentis use one share to acquire two shares of offspring,[exchange of 600m shares]meaning:
1P---->2O
?P---->600m shares

so,parentis used 600mx1/2=300m of its own shares to exchange with 600m of offspring's shares.

then,CR equity shares (300mx$0.25) 75m
CR share premium (300mx$0.50*) 150m

*$0.50=$0.75-$0.25(par value)

can u understand?