Pretty straight forward, the chipset you have is the ad1888 which has crap drivers that don't do spdif. I've been there.
Fortunately Realtek's AC97 codec drivers also work well with this chipset. Download and extract the resultant files then use manual install through Device Manager to change the driver. From memory you can't just install the software, it has to be done manually.
Get them
here.
E.E.