Guangdong Electric Power Development Co., Ltd.
The Third Quarterly Report 2010
§I Important Statement
1.1 The Board of Directors, Supervisory Committee, Directors , Supervisors, Senior Executives of
the Company hereby warrant that there are no misstatement, misleading representation or
important omissions in this report and shall assume joint and several liability for the
authenticity, accuracy and completeness of the contents hereof.
1.2 Other directors attended the meeting on examining the Annual except for the following directors.
Name absent
director Title Reason of absence Name of entrusted
Pan Li Board chairman Due to business Liu Qian
Wu Bin Director Due to business Zhang Yao
Wu Xu Director Due to business Sha Qilin
Yang Zhishan Independent
Director Due to business Sha Qilin
1.3 The Third quarterly financial report of the Company is not audited .
1.4 Chairman of the Board of Directors, Pan Li, General Manager, Lin Shizhuang, Financial Deputy General
Manager and Financial Principal , Li Xiaoqing represent and warrant the financial and accounting report in
the Quarterly report is true and complete. English translation for reference only. Should there be any
inconsistency between the Chinese and English versions, the Chinese version shall prevail.
§2 Basic Information
2.1 Highlights of Accounting Data and Financial Indicators
Unit：RMB
2010.9.30 2009.12.31 Increase /decrease（％）
Total assets（RMB） 34,068,294,769.00 30,163,552,152.00 12.95%
Owner’s equity attributable to
shareholders of the listed company
（RMB）
10,089,406,821.00 9,271,838,984.00 8.82%
Stock capital（shares） 2,797,451,138.00 2,659,404,000.00 5.19%
Net assets per share attributable to
shareholders of the listed company
（yuan/shares）
3.61 3.49 3.44%
July-September 2010
Increase/decrease in
the report period
compared with the
same period of the
last year(%)
January-September
2010
Increase/decrease in
the report period
compared with the
same period of the
last year(%)
Total turnover(RMB) 3,413,683,082.00 -5.14% 9,664,694,482.00 8.97%
Net profit attributable to owners of parent
company(RMB) 243,577,572.00 -51.67% 674,090,856.00 -22.50%
Net cash flow arising from operating
activities(RMB) - - 1,567,948,794.00 -59.57%
Net cash flow per share arising from
operating activities(RMB/share) - - 0.56 -55.20%
Basic earnings per share(RMB/share) 0.09 -52.63% 0.25 -24.24%
Diluted earnings per share(RMB/share) 0.09 -52.63% 0.25 -24.24%
Weighted average return on equity（%） 2.45% -2.91% 6.55% -2.71%
Weighted average return on equity after
deducting non-recurring gains and losses
2.32% -3.14% 6.32% -3.14%2
（%）
Items of non-current gains and losses Year begin to end of report period Notes
Government subsidies accounted into current gain /loss account, other
than those closely related to the Company’s common business,
comply with the national policy and continues to enjoy at certain
fixed rate or amount.
5,049,505.00
Income of commission loans 17,836,359.00
Other non-current income and expenses besides the above items 9,219,515.00
Switched back of impairment provision of account receivable that
performed impairment testing independently. 1,838,934.00
Influenced amount of minority shareholders’ equity -1,457,455.00
Influenced amount of income tax -8,012,702.00
Total 24,474,156.00 -
2.2 Total number of shareholders in the end of the report period and shares held by the top ten shareholders with
unrestricted conditions
Unit：shares
Total number of shareholders at the end of report
period 142,383
Share held by the top ten shareholders with unrestricted conditions
Name of the shareholder Number of Unconditional shares held at
the period-end Type of shares
Guangdong Yudean Group Co., Ltd. 1,232,256,158 RMB common shares
Shenzhen Guangfa Electric Power Investment
Co., Ltd. 101,777,185 RMB common shares
Guangdong Electric Power Development
Company 78,639,451 RMB common shares
106 Portfolio of National Social Security Fund 26,861,754 RMB common shares
Guangdong Guangkong Group Co., Ltd. 23,610,428 RMB common shares
Boshi Increase securities Investment Fund 15,372,429 RMB common shares
Bank of China - Efunds SZSE 100 open-ended
index security Investment Fund 12,594,375 RMB common shares
Natio Securities Co.,Ltd. 12,028,442 Foreign shares placed in domestic
exchange
Bank of China－Jiashi Growth Fixed-income
Securities Investment Fund 12,000,559 RMB common shares
Bank of China－Jiashi Listed open-ended
Securities Investment Fund 11,999,529 RMB common shares
2.3 Bond holding by top 10 corporate bond holders
Holder Number
China Pacific Life Insurance Co., Ltd.－Universal－Universal insurance Group 2,450,000
China Life insurance Co., Ltd 2,388,140
Xinhua Life insurance Co., ltd.－Universal－Deyi Management -018L-WN001Shen 2,200,000
Zhongying Life insurance Co., ltd. 2,114,775
China Post Office Saving Bank Co., Ltd. 2,000,000
China Ping An Life Insurance Co., Ltd. 1,600,0003
Zhongyou Financial Co., Ltd 1,336,678
Taikang Life insurance Co., Ltd － Dividend Distribution － Group
Dividends-019L-FH001Shen 1,000,000
Taikang Life insurance Co., Ltd－Universal--Universal individual
insurance
1,000,000
China Ping An Insurance (Group) Co., Ltd. 800,000
2.4 The power output and on－grid electricity volume of the controlled subsidiaries of the Company
Index
Year begin to
end of report
Period of the
last year
Increase（±%）
Shajiao Power Plant A 6.343 5.354 18.47%
Zhangjiang Power plant 5.722 4.984 14.81%
Guangdong Yuejia Power Co., Ltd. 1.839 2.035 -6.98%
Guangdong Shaoguan Yuejiang Power Co., Ltd. 2.498 2.396 4.26%
Maoming Zhenneng
Thermoelectric .Co., Ltd 2.611 2.208 18.25%
Guangdong Yudean Jinghai Power Co., Ltd. 4.871 4.627 5.27%
Power
output(Bill
ion kwh)
Guangdong Yudean Zhanjiang Wind power Co., Ltd. 0.069 — —
Shajiao Power Plant A 5.877 4.925 19.33%
Zhangjiang Power plant 5.390 4.640 16.16%
Guangdong Yuejia Power Co., Ltd. 1.678 1.853 -9.44%
Guangdong Shaoguan Yuejiang Power Co., Ltd. 2.259 2.161 4.53%
Maoming Zhenneng
Thermoelectric .Co., Ltd 2.406 2.020 19.11%
Guangdong Yudean Jinghai Power Co., Ltd. 45.75 4.346 5.27%
On－grid
Electric
ity
volume(b
illion
kwh)
Guangdong Yudean Zhanjiang Wind power Co., Ltd. 0.066 — —
§3 Significant Events
3.1 Particular about large-margin change of main accounting statement item and financial index and its reason.
√ applicable □ not applicable
1. The net profit for the report period in the consolidated statements decreased by 51.67% mainly due to rise in coal price and sharp
increase of operating cost.
2. The net cash flow from operating activities in consolidated statements decreased by 59.57% year on year mainly due to increase of
payment for fuel purchase caused by rise in fuel price.
3.2 The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
□applicable √ not applicable4
3.2.1 Non-standard Opinion
□applicable √ not applicable
3.2.2 The Company provided funds to its controlling shareholder or related parties and provided guarantees in
violation of established procedures.
□applicable √ not applicable
3.2.3 Signing and performance of significant contracts for daily operation
□applicable √ not applicable
3.2.4 Other
√ applicable □ not applicable
The Company announced the Preplan for Significant Asset Reorganization on July 29, 2010 and planned to acquire 60% equity of
Shenzhen Guangqian Power Co., Ltd. ,35% equity of Guangdong Huizhou Natural gas Power Generation Co., Ltd., 40% equity of
Guangdong Yudean Shibeishan Wind Power Development Co., Ltd, 90% equity of Guangdong Yudean Yunfu Power Generation Co.,
Ltd., 45% equity of Guangdong Huizhou Pinghai Power Generation Co., Ltd, 90% equity of Guangdong Yudean Yunhe Power
Generation Co., Ltd. and 20% equity of Guangdong Guohua Yudean Taishan Power Generation Co., Ltd. held by Guangdong Yudean
Group Co., Ltd., the controlling shareholder of the Company. At present, the work of audit, appraisal and profit estimate examination
related to this significant asset reorganization is being handled. After the completion of the above-mentioned work, the Company go
through corresponding procedure in respect of this significant asset reorganization according to the provisions of relevant laws and
regulations.
3.3 The fulfillment of the commitment made by the Company , shareholders and the actual controller
√ applicable □ not applicable
Items of commitments Promisee Content of commitments Implementation
Promise in share holding structure
reform N/A N/A N/A
Commitments made in Acquisition
Report or Reports on Change in
interests
N/A N/A N/A
Commitments made in Material
assets Reorganization N/A N/A N/A
Commitments made in issuing N/A N/A N/A
Other commitments（Including:
supplementary commitments）
Guangdong
Yudean Group
Co., Ltd.
According to “Announcement on the Increase in
Shareholding by Controlling Shareholders and their
Persons Action in Concert” (Announcement
No.: 2008-46）of our company on September 19,
2008, Yudean Group and its persons action in
concert promise that our stocks held by them will
not be reduced during the increasing in
shareholding plan and legal term.
Under fulfillment5
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 √ not applicable
3.5 Other significant events need to be explained
3.5.1 Stock investment
□applicable √ not applicable
3.5.2 Reception of investigations, communications ,or interviews company held in the report period.
Date Place Mode Visitor
Content of discussion and materials
provided
March 5, 2010 Office of the
Company Onsite investigation Clients of Zhongjin
Company
Current status of production and
management of the company
March 18,2010 Office of the
Company Onsite investigation Industrial Securities Current status of production and
management of the company
March 31, 2010 Office of the
Company Onsite investigation Xinda Securities Current status of production and
management of the company
April 2, 2010 Office of the
Company Onsite investigation Zhongjin Company Current status of production and
management of the company
April 8, 2010 Office of the
Company Onsite investigation CITIC Securities and
Its clients
Current status of production and
management of the company
May 18, 2010 Office of the
Company Onsite investigation United Securities Current status of production and
management of the company
June 11, 2010 Shenzhen Participate in meeting Investor and Analyst Current status of production and
management of the company
July 29, 2010 Office of the
Company Onsite investigation CITIC Securities and
Its clients
Current status of production and
management of the company
3.6 Particulars about derivatives investment
□applicable √ not applicable
3.6.1 Particulars about the positions of derivatives investment at the end of report period.
□applicable √ not applicable
§4 Appendix
4.1 Balance sheet
Prepared by：Guangdong Electric Power Development Co., Ltd.
September 30,2010 Unit：RMB
Year-end balance
Year-beginning balance
Items
Consolidated Parent company Consolidated Parent company
Current asset：
Monetary fund 2,684,055,962.00 887,105,931.00 1,738,834,186.00 287,691,522.006
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable
Account receivable 2,348,294,688.00 479,503,921.00 1,328,275,383.00 361,710,774.00
Prepayments 1,327,962,071.00 178,417,760.00 795,193,073.00 178,040,453.00
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Interest receivable 126,250.00 786,250.00
Dividend receivable 9,155,096.00 9,155,096.00
Other account receivable 589,582,719.00 543,226,032.00 561,044,511.00 546,865,973.00
Repurchasing of
financial assets
Inventories 728,163,473.00 188,305,663.00 736,134,391.00 179,038,694.00
Non-current asset due in 1
year
Other current asset
Total of current assets 7,678,185,163.00 2,285,714,403.00 5,160,267,794.00 1,562,502,512.00
Non-current assets：
Loans and payment on
other’s behalf disbursed
Disposable financial asset 373,595,010.00 373,595,010.00 516,224,670.00 516,224,670.00
Expired investment in
possess
Long-term receivable 20,616,378.00 20,616,378.00 20,619,671.00 20,619,671.00
Long term share equity
investment
5,179,767,466.00 11,624,086,897.00 4,624,042,593.00 10,473,349,226.00
Property investment 12,902,004.00 12,902,004.00 13,376,477.00 13,376,477.00
Fixed assets 11,360,558,768.00 1,265,152,728.00 12,021,342,945.00 1,375,315,512.00
Construction in progress 7,601,361,573.00 19,020,153.00 5,295,247,439.00 45,469,174.00
Engineering material 1,220,135,583.00 1,938,313,797.00
Fixed asset disposal 22,439,202.00 811,446.00
Production physical assets
Gas & petrol
Intangible assets 474,342,183.00 112,190,893.00 373,775,735.00 114,799,984.00
R & D petrol
Goodwill
Long-germ expenses to be
amortized
Differed income tax asset 124,391,439.00 200,341,031.00
Other non-current asset
Total of non-current assets 26,390,109,606.00 13,428,375,509.00 25,003,284,358.00 12,559,154,714.007
Total of assets 34,068,294,769.00 15,714,089,912.00 30,163,552,152.00 14,121,657,226.00
Current liabilities
Short-term loans 7,950,500,000.00 3,520,000,000.00 3,816,991,742.00 2,550,000,000.00
Loan from Central Bank
Deposit received and hold
for others
Call loan received
Trade off financial liabilities
Bill payable 393,073,573.00 2,261,920,109.00 432,686,450.00
Account payable 1,953,719,839.00 438,098,820.00 1,010,215,163.00 245,740,456.00
Advance payment 1,168,680.00 185,003.00
Selling of repurchased
financial assets
Fees and commissions
receivable
Employees’ wage payable 399,172,781.00 111,913,646.00 228,548,750.00 79,392,279.00
Tax payable -67,056,125.00 40,117,245.00 189,248,629.00 95,941,976.00
Interest payable 81,876,368.00 72,426,861.00 99,710,964.00 97,576,494.00
Dividend payable 12,085,993.00 7,156,326.00 12,589,226.00 7,659,560.00
Other account payable 751,196,041.00 108,185,013.00 820,171,127.00 113,088,577.00
Reinsurance fee payable
Insurance contract provision
Entrusted trading of
securities
Entrusted selling of
securities
Non-current liability due in
1 year
150,870,000.00 309,220,000.00
Other current liability
Total of current liability 11,626,607,150.00 4,297,897,911.00 8,748,800,713.00 3,622,085,792.00
Non-current liabilities：
Long-term loan 6,788,680,000.00 7,305,340,000.00
Bond payable 1,988,064,266.00 1,988,064,266.00 1,986,037,444.00 1,986,037,444.00
Long-term payable 600,000,000.00
Special payable
Expected liabilities
Differed income tax
liability
4,870,455.00 3,173,042.00 38,862,020.00 38,830,457.00
Other non-current liabilities 28,153,847.00 26,153,847.00 29,692,308.00 27,692,308.00
Total of non-current
liabilities
9,409,768,568.00 2,017,391,155.00 9,359,931,772.00 2,052,560,209.00
Total of liability 21,036,375,718.00 6,315,289,066.00 18,108,732,485.00 5,674,646,001.00
Owners’ equity
Share capital 2,797,451,138.00 2,797,451,138.00 2,659,404,000.00 2,659,404,000.008
Capital reserves 1,899,794,395.00 1,832,925,039.00 1,334,874,325.00 1,268,004,970.00
Less：Shares in stock
Special reserve
Surplus reserves 3,425,241,041.00 3,425,241,041.00 3,159,617,944.00 3,159,617,944.00
Common risk provision
Undistributed profit 1,966,920,247.00 1,343,183,628.00 2,117,942,715.00 1,359,984,311.00
Different of foreign currency
translation
Total of owner’s equity belong to
the parent company 10,089,406,821.00 9,398,800,846.00 9,271,838,984.00 8,447,011,225.00
Minor shareholders’ equity 2,942,512,230.00 2,782,980,683.00
Total of owners’ equity 13,031,919,051.00 9,398,800,846.00 12,054,819,667.00 8,447,011,225.00
Total of liabilities and owners’
equity 34,068,294,769.00 15,714,089,912.00 30,163,552,152.00 14,121,657,226.00
4.2 Profit statement of the report period
Prepared by：Guangdong Electric Power Development Co., Ltd.
July-September 2010 Unit：RMB
Report period Same period of the previous year
Items Consolidated Parent company Consolidated Parent company
I. Total operating income 3,413,683,082.00 839,687,263.00 3,598,492,350.00 884,544,315.00
Including：Operating income 3,413,683,082.00 839,687,263.00 3,598,492,350.00 884,544,315.00
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 3,272,800,137.00 801,825,264.00 3,064,116,122.00 707,276,577.00
Including：operating cost 2,995,136,315.00 740,085,619.00 2,563,376,953.00 629,553,912.00
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 -6,705,074.00 -15,752,759.00 20,102,263.00 0.00
Sales expenses 245,872.00 2,140.00 0.00
Administration expenses 158,213,121.00 31,989,664.00 134,162,904.00 28,093,283.00
Financial expenses 125,909,903.00 56,095,466.00 119,453,593.00 49,629,382.00
Losses of devaluation of assets 0.00 -10,594,866.00 227,020,409.00 0.00
Add：changing income of fair
value
Investment income 221,493,245.00 331,628,496.00 220,567,905.00 215,046,443.009
Including：Investment income on
affiliated company and joint
venture
Exchange income
III. Operating profit 362,376,190.00 369,490,495.00 754,944,133.00 392,314,181.00
Add：non-operating income 13,645,422.00 476,662.00 1,228,607.00 547,072.00
less：non-operating expense 717,714.00 289,496.00 21,255,864.00 2,379,072.00
Including：disposal loss of
non-current assets
IV. Total profit 375,303,898.00 369,677,661.00 734,916,876.00 390,482,181.00
Less：expense of income tax 147,806,461.00 11,062,709.00 187,169,382.00 45,456,319.00
V. Net profit 227,497,437.00 358,614,952.00 547,747,494.00 345,025,862.00
Net profit attributable to owner’s
equity of parent company 243,577,572.00 358,614,952.00 503,965,294.00 345,025,862.00
Minority shareholders’ gains
and losses -16,080,135.00 0.00 43,782,200.00 0.00
VI. Earnings per share
（i）Basic earnings per share 0.09 0.19
（ii）Diluted earnings per share 0.09 0.19
VII. Other composite income 16,417,095.00 16,417,095.00 15,024,030.00 15,024,030.00
VIII. Total composite income 243,914,532.00 375,032,047.00 562,771,524.00 360,049,892.00
Total comprehensive income
attributable to owners of parent
Company
259,994,667.00 375,032,047.00 518,989,324.00 360,049,892.00
Total comprehensive income
attributable to minority
shareholders
-16,080,135.00 0.00 43,782,200.00 0.00
4.3 Profit statement from Year-begin to period-end
Prepared by：Guangdong Electric Power Development Co., Ltd.
January-September 2010 Unit：RMB
Report period Same period of the previous year
Items Consolidated Parent company Consolidated Parent company
I. Total operating income 9,664,694,482.00 2,500,014,312.00 8,869,340,687.00 2,153,167,387.00
Including：Operating income 9,664,694,482.00 2,500,014,312.00 8,869,340,687.00 2,153,167,387.00
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 9,147,781,924.00 2,361,819,826.00 7,968,951,244.00 1,901,078,867.00
Including：operating cost 8,355,989,415.00 2,119,545,132.00 6,939,585,592.00 1,660,060,980.00
Interest expense
Commission charge and
commission expense
Cash surrender value
Net amount of expense of
compensation
Net amount of withdrawal of10
insurance contract reserve
Bonus expense of guarantee slip
Reinsurance expense
Operating tax and extras 7,337,567.00 -15,752,759.00 38,780,058.00 0.00
Sales expenses 448,099.00 59,945.00 0.00
Administration expenses 411,234,604.00 99,808,435.00 366,414,279.00 88,001,698.00
Financial expenses 349,380,508.00 170,592,873.00 397,322,984.00 153,016,189.00
Losses of devaluation of assets 23,391,731.00 -12,433,800.00 226,848,331.00 0.00
Add：changing income of fair
value
Investment income 456,728,297.00 708,383,743.00 399,950,288.00 386,841,347.00
Including：Investment income on
affiliated company and joint
venture
Exchange income
III. Operating profit 973,640,855.00 846,578,229.00 1,300,339,731.00 638,929,867.00
Add：non-operating income 17,368,255.00 2,038,064.00 3,286,357.00 551,871.00
less：non-operating expense 3,099,235.00 934,372.00 47,956,840.00 3,122,850.00
Including：disposal loss of
non-current assets
IV. Total profit 987,909,875.00 847,681,921.00 1,255,669,248.00 636,358,888.00
Less：expense of income tax 276,363,111.00 39,369,281.00 275,763,071.00 66,480,170.00
V. Net profit 711,546,764.00 808,312,640.00 979,906,177.00 569,878,718.00
Net profit attributable to owner’s
equity of parent company 674,090,856.00 808,312,640.00 869,754,635.00 569,878,718.00
Minority shareholders’ gains
and losses 37,455,908.00 110,151,542.00
VI. Earnings per share
（i）Basic earnings per share 0.25 0.33
（ii）Diluted earnings per share 0.25 0.33
VII. Other composite income -106,972,245.00 -106,972,245.00 138,386,434.00 138,386,434.00
VIII. Total composite income 604,574,519.00 701,340,395.00 1,118,292,611.00 708,265,152.00
Total comprehensive income
attributable to owners of parent
Company
567,118,611.00 701,340,395.00 1,008,141,069.00 708,265,152.00
Total comprehensive income
attributable to minority
shareholders
37,455,908.00 110,151,542.00
4.4 Cash flow statement from Year-begin to period-end
Prepared by：Guangdong Electric Power Development Co., Ltd.
January-September 2010 Unit：RMB
Report period Same period of the previous year
Items Consolidated Parent company Consolidated Parent company
I. Cash flows from operating
activities
Cash received from sales of
goods or rending of services 10,529,510,502.00 2,831,019,730.00 9,494,561,907.00 2,437,761,160.0011
Net increase of customer
deposits and capital kept for
brother company
Net increase of loans
from central bank
Net increase of inter-bank
loans from other financial
bodies
Cash received against
original insurance contract
Net cash received from
reinsurance business
Net increase of client
deposit and investment
Net increase of trade
financial asset disposal
Cash received as interest,
processing fee and
commission
Net increase of inter-bank
fund received
Net increase of repurchasing
business
Tax returned 4,946,948.00 2,062,826.00 86,688.00 0.00
Other cash received from
business operation
60,549,894.00 31,376,299.00 639,650,506.00 10,345,587.00
Sub-total of cash inflow 10,595,007,344.00 2,864,458,855.00 10,134,299,101.00 2,448,106,747.00
Cash paid for purchasing
of merchandise and services 7,322,392,394.00 1,876,550,113.00 4,852,110,603.00 952,932,803.00
Net increase of client
trade and advance
Net increase of savings n
central bank and brother
company
Cash paid for original
contract claim
Cash paid for interest,
processing fee and
commission
Cash paid for policy
dividend
Cash paid to staffs or paid
for staffs
657,314,137.00 204,798,718.00 542,874,720.00 200,647,550.00
Taxes paid 835,024,414.00 263,774,539.00 655,446,107.00 186,614,466.00
Other cash paid for business
activities
212,327,605.00 62,030,727.00 205,275,006.00 60,646,977.00
Sub-total of cash outflow
from business activities
9,027,058,550.00 2,407,154,097.00 6,255,706,436.00 1,400,841,796.0012
Cash flow generated by
business operation, net
1,567,948,794.00 457,304,758.00 3,878,592,665.00 1,047,264,951.00
II. Cash flow generated by
investing
Cash received from
investment retrieving
107,087,025.00 107,087,025.00 430,125.00 430,124.00
Cash received as investment
gains
299,754,570.00 551,410,015.00 267,356,653.00 267,356,653.00
Net cash retrieved from
disposal of fixed assets,
intangible assets, and other
long-term assets
11,039,392.00 38,906.00 311,758.00 32,000.00
Net cash received from
disposal of subsidiaries or
other operational units
Other investment-related
cash received
4,448,756.00 45,168,555.00 70,363,266.00 33,355,398.00
Sub-total of cash inflow due
to investment activities
422,329,743.00 703,704,501.00 338,461,802.00 301,174,175.00
Cash paid for construction
of fixed assets, intangible
assets and other long-term
assets
2,525,492,122.00 32,566,844.00 1,689,859,356.00 43,003,118.00
Cash paid as investment 528,383,775.00 1,124,566,575.00 1,028,395,940.00 1,028,335,940.00
Net increase of loan
against pledge
Net cash received from
subsidiaries and other
operational units
Other cash paid for
investment activities
47,434,584.00 53,480.00 180,798,739.00 -12,938,982.00
Sub-total of cash outflow
due to investment activities
3,101,310,481.00 1,157,186,899.00 2,899,054,035.00 1,058,400,076.00
Net cash flow generated by
investment
-2,678,980,738.00 -453,482,398.00 -2,560,592,233.00 -757,225,901.00
III. Cash flow generated by
financing
Cash received as investment 1,050,022,300.00 810,400,000.00
Including : Cash received as
investment from minor
shareholders
Cash received as loans 12,831,160,597.00 4,800,000,000.00 5,418,000,000.00 2,540,000,000.00
Cash received from bond
placing
Other financing –related
ash received
12,465,937.00 12,346,993.00 76,873,344.00 76,669,834.00
Sub-total of cash inflow
from financing activities
13,893,648,834.00 5,622,746,993.00 5,494,873,344.00 2,616,669,834.00
Cash to repay debts 10,553,987,868.00 4,262,686,450.00 5,966,470,000.00 2,539,000,000.0013
Cash paid as dividend,
profit, or interests
1,282,619,959.00 763,681,207.00 779,584,596.00 412,329,256.00
Including: Dividend and
profit paid by subsidiaries to
minor shareholders
Other cash paid for
financing activities
787,287.00 787,287.00 1,202,642.00 1,142,643.00
Sub-total of cash outflow
due to financing activities
11,837,395,114.00 5,027,154,944.00 6,747,257,238.00 2,952,471,899.00
Net cash flow generated by
financing
2,056,253,720.00 595,592,049.00 -1,252,383,894.00 -335,802,065.00
IV. Influence of exchange
rate alternation on cash and
cash equivalents
V.Net increase of cash and
cash equivalents
945,221,776.00 599,414,409.00 65,616,538.00 -45,763,015.00
Add: balance of cash and
cash equivalents at the
beginning of term
1,738,834,186.00 287,691,522.00 1,652,319,052.00 271,387,003.00
VI. Balance of cash and cash
equivalents at the end of term 2,684,055,962.00 887,105,931.00 1,717,935,590.00 225,623,988.00
4.5 Auditor’ report
Auditor’s opinions: Not audited
