Stock Code：000037, 200037 Stock Code：2011-063
Short Form of the Stock：Shennandian A, Shennandian B
Shenzhen Nanshan Power Co., Ltd.
The Third Quarterly Report for 2011(Full Text)
§1. Important Notes
1.1 Board of Directors and the Supervisory Committee of Shenzhen Nanshan Power Co., Ltd.
(hereinafter referred to as the Company) and its directors, supervisors and senior executives hereby
confirm that there are no any fictitious statements, misleading statements, or important omissions
carried in this report, and shall take all responsibilities, individual and/or joint, for the reality,
accuracy and completion of the whole contents.
1.2 The Third Quarterly Financial Report of 2011 has not been audited by CPAs.
1.3 Person in charge of the Company Yang Haixian, Director and General Manager Fu Bo, CFO Lu
Xiaoping and Manager of Financial Dept. Huang Jian hereby confirm that the Financial Report of
the Third Quarterly Report is true and complete.
§2. Company Profile
2.1 Main accounting highlights and financial indexes:
In RMB Yuan
Increase/decrease scope
2011.9.30 2010.12.31
(%)
Total assets (RMB) 5,573,368,030.72 5,278,954,349.90 5.58%
Owners’ equities attributable to the
shareholders of listed company 1,592,474,685.21 1,735,842,488.46 -8.26%
(RMB)
Share capital (Share) 602,762,596.00 602,762,596.00 0.00%
Net assets per share attributable to
the shareholders of listed company 2.64 2.88 -8.33%
(RMB/Share)
Increase/decrease Increase/decrease
over the same over the same
July-Sept. 2011 Jan.-Sept. 2011
period of the last period of the last
year (%) year (%)
Total operating income (RMB) 625,176,765.62 27.71% 1,768,590,376.40 48.32%
Net profit attributable to the
shareholders of listed company -58,511,935.94 -159.25% -143,367,803.25 -8.28%
(RMB)
Net cash flow arising from operating
- - 203,773,686.98 -323.72%
activities (RMB)
Net cash flow arising from operating
- - 0.34 -323.72%
activities per share (RMB/Share)
Basic earnings per share
-0.10 -162.50% -0.24 -8.28%
(RMB/Share)
Diluted earnings per share
0.00 -100.00% 0.00 0.00%
(RMB/Share)
Weighted average return on equity
-3.61% -159.97% -8.62% -2.50%
(%)
Weighted average return on equity
after deducting non-recurring -5.14% -185.47% -14.16% 60.00%
gains/losses (%)
Items of non-recurring gains and losses
1
√Applicable □Inapplicable
In RMB Yuan
Items of non-recurring gains and losses Amount Note (If applicable)
Gains/losses arising from disposal of non-current assets 254,011.75
Government subsidy reckoned into current gains and losses,
excluding those closely related to the company's operation
businesses, granted on a continuous basis according to a 0.00
preset amount or quantity standards persistent to the state
policy
Gains/losses from debt restructuring 0.00
Switch back of the impairment provision for account
0.00
receivable that conducting impairment test independently
Other non-operating income and expenditure beside for the
98,950,767.05
aforementioned items
Impact on income tax -3,377,173.81
Impact on equity of minority shareholders -9,655,213.38
Total 86,172,391.61 -
2.2 Total number of shareholders at the end of the report period and shares held by the top
ten shareholders with unrestricted conditions
In Share
Total number of shareholders
44,742
at the end of report period
Particulars about the shares held by the top ten shareholders with unrestricted conditions
Unrestricted shares held at
Name of shareholder(Full name) Type of shares
period-end
Shenzhen Guangju Investment Holding
100,769,712 RMB ordinary share
Co., Ltd.
HONG KONG NAM HOI
92,123,248 Domestically listed foreign share
(INTERNATIONAL) LIMITED
SHENZHEN ENERGY (GROUP) CO.,
65,106,130 RMB ordinary share
LTD.
BNP P P/PAND INVESTMENT CO.,
49,426,518 Domestically listed foreign share
LTD.
STATE GRID SHENZHEN ENERGY
35,999,805 RMB ordinary share
DEVELOPMENT (GROUP) CO., LTD
YAN TIAN GONG 3,251,850 Domestically listed foreign share
LI WEI PING 2,376,301 Domestically listed foreign share
Goldbond Securities Holding Co., Ltd. 1,500,000 Domestically listed foreign share
LIU YUN FEI 1,465,716 RMB ordinary share
WU SHU HUA 1,351,400 RMB ordinary share
§3. Significant events
3.1 Particulars about material changes in items of main accounting statement and financial
index, and explanations of reasons
√Applicable □Inapplicable
____
(1) Data in profit statement __
Item _Change scope _Main reasons
Business income _48%_ Increase of the generating capacity and income from projects
Business cost _59%_ Growth of the fuel cost
Business tax _104%_ The local educational surcharge increased
Financial expenses _54%_ Loans increased and higher prime rate
Investment income_107.02%_ The losses that calculated by equity method for Jiangxi Xinchang Co., increased
Non-operating income _104.86%_ Increase of the electricity subsidy; income from tax refund for natural gas
2
increased
Non-operating expenses _383.89%_ Increase of the donation and losses from disposal of assets
Income tax _221.93%_ Income taxes from subordinated companies increased
__
(2) Data in balance sheet __
Item _Change scope _Main reasons
Note receivable _-100.00%_ Acceptance bills are due for settlement
Account receivable _101.78%_ Receivable generating income increased
Account paid in advance _143.07%___Account payable to suppliers increased
Other current assets _-100.00%_ __Long-term assts held for sale decreased
Construction in progress _-32.55%_ __Book value increase for reforming projects of DLN low-nitrogen and the
book value decrease for fixed assts transfer in advance for project of sludge drying
Long-term expenses to be apportioned _-57.35%_ __Expenses amortization
Note payable _100.00%_ __Decreased the acceptance bill for raw material purchase
Account payable _637.95%_ __Account payable to suppliers increased
Account receivable in advance _-57.87% __Income from carried forward of project that received in advance
Long-term liabilities due within one year _100.00%_ __Carried forward of the long-term loans
Long-term loans _-32.26%_ __Long-term liabilities due within one year was carried forward
____
(3) Data in cash flow statement ____
Item _Change scope _ Main reasons __
Net cash flow arising from operating activities _RMB 294,858,700 increased _Electricity subsidy for first half year
was received in Shenzhen area; ultra-generation subsidy for first half year was received by Shennandian
Dongguan Co., and the tax refund for purchasing natural gas was received __
Net cash flow arising from investment activities _RMB44,159,000 decreased _Equity amount that from disposal of
Tongling Plant and amount from disposal of units in Zhongshan aged plant were received at same period of last
year __
Net cash flow arising from financing activities _RMB 403,274,800 _Net amount from financing decreased;
financial cost increased __
_2011.1-9_2010.1-9_Increase/decrease amount
Net cash flow arising from operating activities _20,377.37_-9,108.50_29,485.87
Net cash flow arising from investment activities _-11,099.65_-6,683.75_-4,415.90
Net cash flow arising from financing activities _-14,737.95_25,589.53_-40,327.48
Net cash flow per share arising from operating activities(RMB) _0.7_-0.21_0.9
3.2 Progress of significant events, their influences, and analysis and explanation of their
solutions
3.2.1 Qualified opinion
√Applicable □Inapplicable
In the year of 2010, the auditing report of qualified audit opinions with explanatory notes has been
issued by Deloitte CPA Limited. In the report period, the events involved in modified opinion have
no update progress.
3.2.2 Particular about fund offers to controlling shareholders or associated parties and
external guarantee that against the regulation.
□Applicable √Inapplicable
3.2.3 Particular about signing and implementation on significant contracts of ordinary
management.
√Applicable □Inapplicable
In November of 2010, the Company and Shennandian Dongguan Company entered into Purchase
Contract of Natural Gas with CNOOC Guangdong Branch of Guangdong Trade Branch of CNOOC
Gas & Power Group respectively. Among which, the Company (wholly-owned Nanshan Thermal
Power Plant) signed a 2-year contract (from January 2011 to December of 2012) while Shennandian
Dongguan Company signed a 3-year contract (from January 2011 to December 2013) (Notice No.:
3
2010-048, 2010-050 and 2010-058). Relevant contracts still in implementation.
3.2.4 Others
√Applicable □Inapplicable
According to the requirement of Notice of Relevant Works of Pilot Specification on Internal Control
for Listed Company in Shenzhen (SZJGSZ[2011] No. 31 issued by Shenzhen Securities Regulatory
Bureau, as well as the Implementation Plan of Standards for Internal Control under name of
Shenzhen Nanshan Power Co., Ltd. that regulated by the Company, the Company totally conducting
internal control construction orderly by idea of “ overall designing, implemented key works and fully
promotion”. In the report period, works of internal control diagnosis and restructuring, risk
identification and responding, process arrangement and optimization as well as the internal control
system have been implemented in the Company and its controlling enterprises as Shennandian
(Zhongshan) Power Co., Ltd., Shennandian (Dongguan) Weimei Power Co., Ltd., Zhongshan
Shenzhong Real Estate Development Co., Ltd., and Zhongshan Shenzhong Real Estate Investment
Co., Ltd. Other relevant internal control works are still in process orderly by Implementation Plan of
Standards for Internal Control
3.3 Implementations of commitments by the Company, shareholders and actual controller
Commitments made by the listed company and its directors, supervisors, senior executives, the
shareholders with holding above 5% shares and its actual controller in the report period or lasting
until the report period.
□Applicable √Inapplicable
3.4 Estimation of accumulative net profit from the beginning of the year to the end of next
report period to be loss probably or the warning of its material change compared with the
corresponding period of the last year and explanation of reason
□Applicable √Inapplicable
3.5 Particulars about other significant events which needed explanations
3.5.1 Particulars about securities investment
□Applicable √Inapplicable
3.5.2 Activities on receiving research, communication and interview in the report period
There are no spot investigation, telephone communication and written inquiries within this period.
3.6 Particulars about derivatives investment
□Applicable √Inapplicable
3.6.1 Particular about derivatives investment held at period-end
□Applicable √Inapplicable
§4. Appendix
4.1 Balance Sheet
Prepared by Shenzhen Nanshan Power Co., Ltd. Sept. 30, 2011 In RMB Yuan
Balance at period-end Balance at year-begin
Items
Consolidation Parent Company Consolidation Parent Company
Current assets:
Monetary funds 536,622,731.78 180,901,271.94 601,386,814.04 269,369,131.18
Settlement provisions
Capital lent
Transaction finance
asset
4
Notes receivable 700,000.00
Accounts receivable 1,046,011,211.00 660,106,078.72 518,392,276.69 277,107,630.12
Accounts paid in
32,886,473.26 3,554,152.71 13,529,901.89 455,623.51
advance
Insurance receivable
Reinsurance receivables
Contract reserve of
reinsurance receivable
Interest receivable
Dividend receivable 669,447,864.28 597,875,904.41
Other receivables 25,680,619.69 1,239,563,708.01 20,450,149.23 894,247,309.68
Purchase restituted
finance asset
Inventories 1,251,146,289.15 117,141,836.80 1,352,372,212.06 166,594,071.43
Non-current asset due
within one year
Other current assets 205,000,000.00 4,242,431.37 393,003,940.43
Total current assets 2,892,347,324.88 3,075,714,912.46 2,511,073,785.28 2,598,653,610.76
Non-current assets:
Granted loans and
advances
Finance asset available
for sales
Held-to-maturity
investment
Long-term account
receivable
Long-term equity
292,000,476.41 791,483,326.17 306,208,274.30 796,731,124.06
investment
Investment property 4,982,716.39 5,308,769.98
Fixed assets 2,162,888,115.70 265,107,526.88 2,169,226,270.73 316,444,713.69
Construction in progress 132,700,085.39 118,378,673.98 196,729,476.64 56,766,007.77
Engineering material
Disposal of fixed asset -20,866.10
Productive biological
asset
Oil and gas asset
Intangible assets 61,998,049.78 8,505,529.81 64,236,931.51 9,318,739.90
Expense on Research
and Development
Goodwill
Long-term expenses to
116,524.35 108,307.88 273,212.64 171,594.44
be apportioned
Deferred income tax
4,624,405.14 4,624,405.14
asset
Other non-current asset 21,731,198.78 21,273,223.68
Total non-current asset 2,681,020,705.84 1,183,583,364.72 2,767,880,564.62 1,179,432,179.86
Total assets 5,573,368,030.72 4,259,298,277.18 5,278,954,349.90 3,778,085,790.62
Current liabilities:
Short-term loans 3,156,900,000.00 2,182,500,000.00 3,112,400,000.00 2,218,000,000.00
Loan from central bank
Absorbing deposit and
interbank deposit
Capital borrowed
Transaction financial
liabilities
5
Notes payable 75,279,200.00
Accounts payable 451,002,069.86 382,888,357.67 61,115,438.61 1,749,561.08
Accounts received in
16,544,467.08 14,586,000.00 39,274,341.26 14,586,000.00
advance
Selling financial asset of
repurchase
Commission charge and
commission payable
Wage payable 31,988,697.78 16,003,851.12 45,432,950.70 26,713,770.75
Taxes payable -500,604,666.28 -412,404,104.29 -501,193,418.09 -436,158,042.22
Interest payable 67,501,567.60 3,957,344.16 59,348,039.27 3,720,714.47
Dividend payable 35,785,979.94
Other accounts payable 287,517,353.56 625,054,528.90 288,768,647.34 490,528,945.93
Reinsurance payables
Insurance contract
reserve
Security trading of
agency
Security sales of agency
Non-current liabilities
100,000,000.00 50,000,000.00
due within 1 year
Other current liabilities
Total current liabilities 3,721,914,669.54 2,812,585,977.56 3,155,145,999.09 2,319,140,950.01
Non-current liabilities:
Long-term loans 126,000,000.00 186,000,000.00
Bonds payable
Long-term account
payable
Special accounts
payable
Projected liabilities
Deferred income tax
liabilities
Other non-current
5,350,000.00 5,350,000.00
liabilities
Total non-current liabilities 131,350,000.00 191,350,000.00
Total liabilities 3,853,264,669.54 2,812,585,977.56 3,346,495,999.09 2,319,140,950.01
Owner’s equity (or
shareholders’ equity):
Paid-in capital (or share
602,762,596.00 602,762,596.00 602,762,596.00 602,762,596.00
capital)
Capital public reserve 363,629,927.51 288,769,132.47 363,629,927.51 288,769,132.47
Less: Inventory shares
Reasonable reserve
Surplus public reserve 332,908,397.60 332,908,397.60 332,908,397.60 332,908,397.60
Provision of general risk
Retained profit 293,173,764.10 222,272,173.55 436,541,567.35 234,504,714.54
Balance difference of
foreign currency translation
Total owner’s equity
attributable to parent 1,592,474,685.21 1,446,712,299.62 1,735,842,488.46 1,458,944,840.61
company
Minority interests 127,628,675.97 196,615,862.35
Total owner’s equity 1,720,103,361.18 1,446,712,299.62 1,932,458,350.81 1,458,944,840.61
Total liabilities and owner’s
5,573,368,030.72 4,259,298,277.18 5,278,954,349.90 3,778,085,790.62
equity
6
4.2 Profit statement in the report period
Prepared by Shenzhen Nanshan Power Co., Ltd. July-Sept. 2011 In RMB Yuan
Amount in this period Amount in last period
Items
Consolidation Parent Company Consolidation Parent Company
I. Total operating income 625,176,765.62 273,909,455.09 489,529,720.36 130,119,449.05
Including: Operating income 625,176,765.62 273,909,455.09 489,529,720.36 130,119,449.05
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 1,116,715,476.92 496,268,507.48 738,135,428.29 261,211,312.77
Including: Operating cost 1,038,300,712.49 465,808,124.80 683,057,552.38 243,591,812.97
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense
of compensation
Net amount of
withdrawal of insurance
contract reserve
Bonus expense of
guarantee slip
Reinsurance expense
Operating tax and extras 4,649,999.64 1,137,241.11 1,199,482.41 946,732.09
Sales expenses 225,113.20 190,277.74
Administration
22,776,679.62 9,262,364.60 21,416,733.76 4,468,512.76
expenses
Financial expenses 50,762,971.97 20,060,776.97 32,271,382.00 12,204,254.95
Losses of devaluation of
asset
Add: Changing income
of fair value(Loss is listed
with “-”)
Investment income
-22,231,300.41 49,340,659.46 2,240,246.26 2,240,246.26
(Loss is listed with “-”)
Including: Investment
income on affiliated -22,231,300.41 -22,231,300.41 2,240,246.26
company and joint venture
Exchange income (Loss
is listed with “-”)
III. Operating profit (Loss
-513,770,011.71 -173,018,392.93 -246,365,461.67 -128,851,617.46
is listed with “-”)
Add: Non-operating
445,174,825.05 228,589,391.05 333,544,862.00 249,219,000.00
income
Less: Non-operating
100,000.00 100,000.00 50,250.00
expense
Including: Disposal loss
-1,840.00
of non-current asset
IV. Total Profit (Loss is
-68,695,186.66 55,470,998.12 87,129,150.33 120,367,382.54
listed with “-”)
Less: Income tax
-1,371,987.38
expense
V. Net profit (Net loss is
-67,323,199.28 55,470,998.12 87,129,150.33 120,367,382.54
listed with “-”)
7
Net profit attributable to
-58,511,935.94 55,470,998.12 98,760,595.50 120,367,382.54
owner’s of parent company
Minority shareholders’
-8,811,263.34 -11,631,445.17
gains and losses
VI. Earnings per share:
i. Basic earnings per share -0.10 0.16 0.20
ii. Diluted earnings per share 0.00 0.16
VII. Other consolidated
0.00
income
VIII. Total consolidated
-67,323,199.28 55,470,998.12 87,129,150.33 120,367,382.54
income
Total consolidated income
attributable to owners of -58,511,935.94 55,470,998.12 98,760,595.50 120,367,382.54
parent company
Total consolidated income
attributable to minority -8,811,263.34 0.00 -11,631,445.17
shareholders
The merging party realized net profit RMB 00.00 before consolidation under same control in this
period.
4.3 Profit statement from year-begin to the end of report period
Prepared by Shenzhen Nanshan Power Co., Ltd. Jan.-Sept. 2011 In RMB Yuan
Amount in this period Amount in last period
Items
Consolidation Parent Company Consolidation Parent Company
I. Total operating income 1,768,590,376.40 716,517,550.51 1,192,389,394.97 297,174,493.86
Including: Operating income 1,768,590,376.40 716,517,550.51 1,192,389,394.97 297,174,493.86
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 2,897,056,424.21 1,851,084,520.02 583,680,232.94
Including: Operating cost 2,673,883,744.17 1,160,090,808.12 1,686,306,958.07 538,499,153.58
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense
of compensation
Net amount of
withdrawal of insurance
contract reserve
Bonus expense of
guarantee slip
Reinsurance expense
Operating tax and extras 8,500,355.26 2,909,634.40 4,170,952.63 2,633,585.19
Sales expenses 621,315.83 655,224.21
Administration
73,376,179.38 28,545,826.56 68,440,009.45 12,296,534.94
expenses
Financial expenses 140,674,829.57 57,749,587.40 91,511,375.66 30,250,959.23
Losses of devaluation of
asset
Add: Changing income
of fair value(Loss is listed
with “-”)
Investment income -62,088,797.89 9,483,161.98 -29,991,642.02 -29,991,642.02
8
(Loss is listed with “-”)
Including: Investment
income on affiliated -62,088,797.89 -62,088,797.89 -29,991,642.02 -29,991,642.02
company and joint venture
Exchange income (Loss
is listed with “-”)
III. Operating profit (Loss
-1,190,554,845.70 726,000,712.49 -688,686,767.07 -316,497,381.10
is listed with “-”)
Add: Non-operating
1,034,489,508.23 511,166,449.49 504,964,507.98 249,219,000.00
income
Less: Non-operating
397,324.48 103,846.41 82,110.00
expense
Including: Disposal loss
of non-current asset
IV. Total Profit (Loss is
-156,462,661.95 1,237,063,315.57 -183,804,369.09 -67,278,381.10
listed with “-”)
Less: Income tax
2,213,357.77 687,530.22
expense
V. Net profit (Net loss is
-158,676,019.72 1,237,063,315.57 -184,491,899.31 -67,278,381.10
listed with “-”)
Net profit attributable to
-143,367,803.25 1,237,063,315.57 -156,312,940.28 -67,278,381.10
owner’s of parent company
Minority shareholders’
-15,308,216.47 -28,178,959.03
gains and losses
VI. Earnings per share
i. Basic earnings per share -0.24 -0.26 -0.11
ii. Diluted earnings per share 0.00 -0.26 -0.11
VII. Other consolidated
income
VIII. Total consolidated
-158,676,019.72 1,237,063,315.57 -184,491,899.31 -67,278,381.10
income
Total consolidated income
attributable to owners of -143,367,803.25 1,237,063,315.57 -156,312,940.28 -67,278,381.10
parent company
Total consolidated income
attributable to minority -15,308,216.47 -28,178,959.03
shareholders
The merging party realized net profit RMB 00.00 before consolidation under same control that
occurred from year-begin to end of this period.
4.4 Cash flow statement from year-begin to the end of report period
Prepared by Shenzhen Nanshan Power Co., Ltd. Jan.-Sept. 2011 In RMB Yuan
Amount in this period Amount in last period
Items
Consolidation Parent Company Consolidation Parent Company
I. Cash flows arising from
operating activities:
Cash received from
selling commodities and 2,366,950,347.16 1,157,327,577.86 1,736,722,844.79 1,011,343,051.22
providing labor services
Net increase of
customer deposit and
interbank deposit
Net increase of loan
from central bank
Net increase of capital
9
borrowed from other
financial institution
Cash received from
original insurance contract
fee
Net cash received from
reinsurance business
Net increase of insured
savings and investment
Net increase of disposal
of transaction financial asset
Cash received from
interest, commission charge
and commission
Net increase of capital
borrowed
Net increase of returned
business capital
Write-back of tax
received
Other cash received
concerning operating 195,939,905.26 566,494,751.50 54,029,970.84 297,745,466.68
activities
Subtotal of cash inflow
arising from operating 2,562,890,252.42 1,723,822,329.36 1,790,752,815.63 1,309,088,517.90
activities
Cash paid for
purchasing commodities and 2,130,519,589.77 852,387,651.10 1,646,427,123.93 911,460,819.05
receiving labor service
Net increase of
customer loans and advances
Net increase of deposits
in central bank and interbank
Cash paid for original
insurance contract
compensation
Cash paid for interest,
commission charge and
commission
Cash paid for bonus of
guarantee slip
Cash paid to/for staff
81,734,927.62 46,861,193.70 65,778,115.87 32,707,700.95
and workers
Taxes paid 82,207,360.79 11,576,168.94 97,501,132.13 8,413,084.47
Other cash paid
concerning operating 64,654,687.26 644,983,666.48 72,131,406.95 601,903,293.85
activities
Subtotal of cash
outflow arising from 2,359,116,565.44 1,555,808,680.22 1,881,837,778.88 1,554,484,898.32
operating activities
Net cash flows arising
203,773,686.98 168,013,649.14 -91,084,963.25 -245,396,380.42
from operating activities
II. Cash flows arising from
investing activities:
Cash received from
recovering investment
10
Cash received from
investment income
Net cash received from
disposal of fixed, intangible 4,344,000.00 11,633,762.50
and other long-term assets
Net cash received from
disposal of subsidiaries and 34,730,422.00 34,730,422.00
other units
Other cash received
concerning investing
activities
Subtotal of cash inflow
4,344,000.00 46,364,184.50 34,730,422.00
from investing activities
Cash paid for
purchasing fixed, intangible 67,459,535.68 59,794,754.15 52,743,798.42 26,547,760.91
and other long-term assets
Cash paid for
47,881,000.00 60,457,857.00 60,457,857.00
investment
Net increase of
mortgaged loans
Net cash received from
subsidiaries and other units
Other cash paid
concerning investing
activities
Subtotal of cash outflow
115,340,535.68 59,794,754.15 113,201,655.42 87,005,617.91
from investing activities
Net cash flows arising
-110,996,535.68 -59,794,754.15 -66,837,470.92 -52,275,195.91
from investing activities
III. Cash flows arising from
financing activities
Cash received from
absorbing investment
Including: Cash
received from absorbing
minority shareholders’
investment by subsidiaries
Cash received from
2,941,100,000.00 1,774,100,000.00 2,919,000,000.00 1,817,000,000.00
loans
Cash received from
issuing bonds
Other cash received
concerning financing
activities
Subtotal of cash inflow
2,941,100,000.00 1,774,100,000.00 2,919,000,000.00 1,817,000,000.00
from financing activities
Cash paid for settling
2,906,600,000.00 1,809,600,000.00 2,551,120,000.00 1,229,000,000.00
debts
Cash paid for dividend
and profit distributing or 181,879,513.41 104,343,358.66 111,984,720.86 69,504,026.89
interest paying
Including: Dividend and
profit of minority
shareholder paid by
subsidiaries
Other cash paid
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concerning financing
activities
Subtotal of cash outflow
3,088,479,513.41 1,913,943,358.66 2,663,104,720.86 1,298,504,026.89
from financing activities
Net cash flows arising
-147,379,513.41 -139,843,358.66 255,895,279.14 518,495,973.11
from financing activities
IV. Influence on cash and
cash equivalents due to -161,720.15 -2,395.57 -3,374.79 -1,901.81
fluctuation in exchange rate
V. Net increase of cash and
-54,764,082.26 -31,626,859.24 97,969,470.18 220,822,494.97
cash equivalents
Add: Balance of cash
and cash equivalents at the 591,386,814.04 269,369,131.18 356,362,100.63 35,564,935.05
period -begin
VI. Balance of cash and cash
536,622,731.78 237,742,271.94 454,331,570.81 256,387,430.02
equivalents at the period -end
4.5 Auditing Report
Auditing opinion: Un-audited
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