广东电力发展股份有限公司 2013 年第三季度报告全文
Guangdong Electric Power Development Co., Ltd.
The Third Quarterly Report 2013
October 2013
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广东电力发展股份有限公司 2013 年第三季度报告全文
§1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and expecutives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
Other directors attended the meeting on examining the Annual except for the following directors.
Name absent
Title Reason of absence Name of entrusted
director
Pan Li Board chairman Due to business Li Zhuoxian
Liu Qian Vice Board chairman Due to business Hong Rongkun
Zhang Xueqiu Director Due to business Liu Tao
Song Xianzhong Independent Director Due to business Zhu Weiping
Mr. Pan Li, Person in charge of the Company, Mr.Li Xiaoqing , Person in charge of accounting works, Mr.
Qin Jingdong ,CFO as well as person in charge of accounting institution represent and warrant the financial and
accounting report in the Third quarterly report is true and complete.
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广东电力发展股份有限公司 2013 年第三季度报告全文
II.Main financial data and changes of shareholders
（1）Main accounting data and financial Index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not.
□Yes √ No
Changed （%）over
As at the end of the
As at the end of last year end of prev. year
reporting period
After adjustment
Gross assets（RMB） 68,042,970,857.00 65,708,659,470.00 3.55%
Net assets attributable to the
shareholders of the listed company 18,476,033,361.00 16,255,322,328.00 13.66%
（RMB）
Increase/decrease over
January 1, 2013 to Changed （%）over
Reporting period the same period of last
September 30,2013 end of prev. year
year（%）
Operating income（RMB） 8,560,954,937.00 16.84% 23,107,982,409.00 5.88%
Net profit attributable to the
shareholders of the listed company 1,170,459,368.00 70.13% 2,527,943,648.00 99.77%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable
1,160,832,105.00 278.48% 2,526,287,308.00 340.07%
to the shareholders of listed
company（RMB）
Cash flow generated by business
-- -- 7,532,140,641.00 1.63%
operation, net（RMB）
Basic earning per
0.27 8% 0.58 81.25%
share(RMB/Share)
Diluted gains per
0.27 8% 0.58 81.25%
share(RMB/Share)(RMB/Share)
Weighted average income/asset
6.55% 1.58% 14.52% 5.38%
ratio（%）
Notes: TheCompany did not make retroactive adjustment due to change in accounting policies and
correction of accounting errors. As the Company completed significant asset reorganization on
December 31, 2012 and the enterprises under the same control merged, the Company restated the
accounting data and financial indicators for the first three quarters of 2012. If the influence of
reorganization on the Company's earnings is eliminated, the net profit for the shareholders of the
Company for the first three quarters of 2013 increased by 301.95% year on year.
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广东电力发展股份有限公司 2013 年第三季度报告全文
Items and amount of non-current gains and losses
√Applicable □Not applicable
Unit:RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Non-current asset disposal gain/loss(including the
write-off part for which assets impairment provision is -33,701,866.00
made)
Governmental Subsidy accounted as current gain/loss, except for
those subsidies at with amount or quantity fixed by the national
32,265,081.00
government and closely related to the Company’s business
operation.
Gain/loss from commissioned investment or assets 11,775,420.00
Net amount of non-operating income and expense except the
13,138,578.00
aforesaid items
Other gain/loss items satisfying the definition of non-recurring
-26,250,000.00
gain/loss account
Less:Amount of influence of income tax -857,059.00
Influenced amount of minority shareholders’ equity(After tax) -3,572,068.00
Total 1,656,340.00 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
(II)Total number of shareholders at the end of report period and Particular about shares held by top ten
shareholders
Unit：Shares
Total number of shareholders at the
119,842
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or Freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
State-owned legal
Guangdong Yudean Group Co., Ltd. 67.39% 2,948,297,867 1,715,872,525
person
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广东电力发展股份有限公司 2013 年第三季度报告全文
Shenzhen Guangfa Electric Power Investment State-owned legal
2.33% 101,777,185
Co., Ltd. person
Guangdong Province Electric Power State-owned legal
1.8% 78,639,451
Development Company person
China Construction Bank－Penghua Value Domestic non
Advantage Stock-linked State-owned 0.74% 32,242,039
Security Investment Fund Legal person
Domestic non
China Life Insurance Co.,Ltd－Dividend －
State-owned 0.56% 24,545,291
Individual dividend-005L-FH002 Shen
Legal person
GUOTAI JUNAN SECURITIES(HONGKONG) Foreign legal
0.48% 21,104,829
LIMITED person
Domestic Natural
Lei Guoquan 0.36% 15,691,255
person
BBH A/C VANGUARD EMERGING Foreign legal
0.32% 13,878,037
MARKETS STOCK INDEX FUND person
CHINA INT'L CAPITAL CORP HONG KONG Foreign legal
0.27% 11,860,110
SECURITIES LTD person
Foreign legal
GOLDEN CHINA MASTER FUND 0.26% 11,279,415
person
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted Share type
Name of the shareholder shares held at the end of Quantit
Share type
the reporting period y
Guangdong Yudean Group Co., Ltd. 1,232,425,342 RMB Common shares
Shenzhen Guangfa Electric Power Investment Co., Ltd. 101,777,185 RMB Common shares
Guangdong Province Electric Power Development
78,639,451 RMB Common shares
Company
China Construction Bank－Penghua Value Advantage Stock-linked
32,242,039 RMB Common shares
Security Investment Fund
China Life Insurance Co.,Ltd－Dividend －Individual
24,545,291 RMB Common shares
dividend-005L-FH002 Shen
Foreign shares placed in
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 21,104,829
domestic exchange
Lei Guoquan 15,691,255 RMB Common shares
BBH A/C VANGUARD EMERGING MARKETS STOCK INDEX Foreign shares placed in
13,878,037
FUND domestic exchange
CHINA INT'L CAPITAL CORP HONG KONG SECURITIES LTD 11,860,110 Foreign shares placed in
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广东电力发展股份有限公司 2013 年第三季度报告全文
domestic exchange
Foreign shares placed in
GOLDEN CHINA MASTER FUND 11,279,415
domestic exchange
Explanation on associated relationship or consistent action among the Guangdong Electric Power Development Co., Ltd. the Third
top 10 shareholders of non-restricted negotiable shares and that of the top 10 shareholders, is a subsidiary of Yudean Group,
between the top 10 shareholders of non-restricted negotiable shares Which is the No.1shareholder; its is unknown whether
and top 10 shareholders relationship exists between other shareholders.
Explanation on shareholders participating in the margin trading
N/A
business(if any )
Did any shareholder of the Company carry out an agreed buy-back in the reporting period?
□ Yes √ No
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广东电力发展股份有限公司 2013 年第三季度报告全文
III Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its reason.
(1) Change of items of balance sheet and notes to reasons
Item End of the report End of the previous Proportion of Notes to reasons for change
period year increase or
decrease
Monetary capital 5,658,745,142.00 2,870,764,537.00 97.12% Increase of cash flows from operating activities
Payment in advance 1,691,264,468.00 1,109,012,578.00 52.50% increase of prepayment for fuels and equipment
Other receivables 308,335,450.00 710,718,239.00 -56.62% Recovery of supplemental payment for asset
reorganization from Yudean Group Company
Construction in 5,139,858,104.00 7,300,925,262.00 -29.60% New units were built up and started operation
progress and fewer denitration works and technical
renovation works of some power plants were
transferred into fixed assets.
Short-term loan 9,942,000,000.00 13,573,100,000.00 -26.75% Part of short-term loans were replaced by
corporate bonds, short-term financing notes and
borrowing of insurance funds.
Other current liabilities 1,324,963,527.00 - - Issue of short-term financing notes in the
amount of RMB 1.3 billion
Bonds payable 3,190,056,659.00 1,994,144,734.00 59.97% Issue of corporate bonds in the amount of RMB
1.2 billion
(2) Change of items of profit statement and cash flow statement and notes to reasons
Item End of the report End of the previous Proportion of Notes to reasons for change
period year increase or
decrease
Operating income 23,107,982,409.00 21,824,682,045.00 5.88%
Operating cost 17,042,301,470.00 17,668,251,687.00 -3.54%
Administration 629,678,682.00 558,390,433.00 12.77%
expenses
Financial expenses 1,451,169,604.00 1,395,442,533.00 3.99%
Investment income 615,933,756.00 242,245,373.00 154.26% Year-on-year increase of investment income
from Taishan Power Plant
Income tax expenses 909,951,065.00 522,852,375.00 74.04% The increase of earnings caused the increase of
income tax expenses
Cash flow generated 7,532,140,641.00 7,411,280,622.00 1.63%
by business
operation, net
Net cash flow -1,718,501,150.00 -2,099,976,901.00 18.17
generated by
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广东电力发展股份有限公司 2013 年第三季度报告全文
financing
Net cash flows from -2,968,792,886.00 -5,182,618,227.00 42.72% The cash received from financing including
financing activities issue of corporate bonds, short-term financing
notes and insurance fund plan in current period
increased.
Net increase in cash 2,844,846,605.00 128,685,494.00 2110.70% The cash received from obtaing loans increased.
and cash equivalents
II. The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
After the termination of Guangdong Yudean oil shale mine and power joint operation project of which the Company holds
83.66% equity, Maoming People's Government compromised and finally agreed to make compensation of RMB 215 million for the
termination of Maoming oil shale project in the manner of disposal of the land for Maoming oil shale project through unified
planning. At present, Oil Shale Company is still under liquidation.,After the completion of the liquidation, the Company will
recognize the gains or losses on disposal according to the difference between the alloted amount of remaining property corresponding
to 83.66% equity finally recovered and the book value of the assets to be disposed as the Company's investment in Oil Shale
Company.
Description of the website for
Description of provisional announcement Date of disclosing disclosing provisional
announcements
Announcement of Resolutions of the Fifth Meeting of the
September 17, 2013 http://www.cninfo.com.cn
Seventh Board of Directors by Correspondence
III．The commitments of the Company and its shareholders holding over 5% of the Company’s total shares in the
report year of extending to the report year from previous year.
Time of
Period of
Commitm making
Commitment Contents commitme Fulfillment
ent maker commitme
nt
nt
Commitment on share
reform
Commitment in the
acquisition report or
the report on equity
changes
Guangdon
Commitment made ①Yue Dian Li is the only platform of listing for integration
g Yudean November Under
upon the assets of power generation assets in Yudean Group. 5 years
Group 3, 2011 fulfillment
replacement
Co., Ltd.
② After the completion of this reorganization, it is
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广东电力发展股份有限公司 2013 年第三季度报告全文
unsuitable to inject the remaining power generation assets
in China controlled by Yudean Group due to various
problems including imperfectness of procedures of
examination and approval, status of profit making,
provisions of cooperation agreement and use of land, except
Yue Dian Li and the power generation assets controlled by
it. According to the status of solution of the
above-mentioned problems, Yudean Group will gradually
inject the assets qualified for listing into Yue Dian Li
through assets merger and acquisition or reorganization in
the next 5 years and finally realize the overall listing of its
power generation assets in China. ③ During the injection
of power generation assets into Yue Dian Li, Yuedian
Group will first support Yue Dian Li in respect of power
supply project development, capital operation, assets
merger and acquisition, etc. ④Yudean Group will continue
to fulfill all commitments of supporting the development of
Yue Dian Li that were made by it before.
Commitments made
upon issuance
Other commitments
made to minority
shareholders
Executed timely or
Yes
not?
IV．Prediction of Business performance for 2013.
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
V..Securities investment
Notes to holding of the equity in other listed companies
√ Applicable □ Applicable
Initial Number Sharehold Number Sharehold Book Gain/loss
Stock
Variety of Code of investme of shares ing of shares ing balance at of the Accounti Sauce of
abbreviati
securities securities nt cost held at the proportio held at proportio the end of reporting ng item the shares
on
（RMB） beginning n the the end of n at the the period
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广东电力发展股份有限公司 2013 年第三季度报告全文
of the beginning the end of the reporting （RMB）
reporting of the reporting reporting period
period reporting period period （RMB）
（Shares） period （Shares （%）
（%） ）
Financial
Shen 15,890,62 45,612,00 -4,620,00 assets
Stock 000027 8,400,000 0.32% 8,400,000 0.32% Initiated
Energy A 8.00 0.00 0.00 available
for sale
Financial
235,837,9 55,532,25 55,532,25 248,784,4 3,331,935 assets Transfere
Stock 600642 Shenergy 1.28% 1.28%
87.50 0 0 80.00 .00 available e
for sale
251,728,6 63,932,25 63,932,25 294,396,4 -1,288,06
Total -- -- -- --
15.50 0 0 80.00 5.00
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广东电力发展股份有限公司 2013 年第三季度报告全文
IV Financial statements
1. Consolidated Balance sheet
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit ：RMB
Year-end balance
Items Year-beginning balance
Current asset：
Monetary fund 5,658,745,142.00 2,870,764,537.00
Settlement provision
Outgoing call loan
Trading financial assets
Bill receivable 2,100,000.00
Account receivable 3,053,097,669.00 3,059,549,427.00
Prepayments 1,691,264,468.00 1,109,012,578.00
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance
contracts receivable
Interest receivable 4,489,148.00 1,818,495.00
Dividend receivable
Other account receivable 308,335,450.00 710,718,239.00
Repurchasing of financial assets
Inventories 1,778,225,755.00 1,839,022,991.00
Non-current asset due in 1 year
Other current asset 1,206,432,090.00 1,571,152,356.00
Total of current assets 13,702,689,722.00 11,162,038,623.00
Non-current assets：
Loans and payment on other’s
behalf disbursed
Disposable financial asset 294,396,480.00 295,684,545.00
Expired investment in possess
Long-term receivable 105,169,308.00 360,202,625.00
Long term share equity investment 6,821,716,474.00 5,998,133,180.00
Property investment 10,997,930.00 11,474,629.00
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广东电力发展股份有限公司 2013 年第三季度报告全文
Fixed assets 39,645,624,419.00 38,449,069,665.00
Construction in progress 5,139,858,104.00 7,300,925,262.00
Engineering material 313,424,825.00 303,125,786.00
Fixed asset disposal 58,347,475.00 1,462,082.00
Production physical assets
Gas & petrol
Intangible assets 1,205,485,247.00 1,193,080,413.00
R & D petrol
Goodwill
Long-germ expenses to be
amortized
Differed income tax asset 41,534,896.00 76,814,134.00
Other non-current asset 703,725,977.00 556,648,526.00
Total of non-current assets 54,340,281,135.00 54,546,620,847.00
Total of assets 68,042,970,857.00 65,708,659,470.00
Current liabilities
Short-term loans 9,942,000,000.00 13,573,100,000.00
Loan from Central Bank
Deposit received and hold for
others
Call loan received
Trade off financial liabilities
Bill payable 1,303,950,073.00 1,308,493,869.00
Account payable 2,766,426,141.00 3,233,698,785.00
Advance payment 5,455,824.00 1,142,996.00
Selling of repurchased financial
assets
Fees and commissions receivable
Employees’ wage payable 282,838,869.00 186,520,319.00
Tax payable 716,413,689.00 550,331,980.00
Interest payable 352,639,599.00 143,696,116.00
Dividend payable 12,558,757.00 12,488,428.00
Other account payable 3,300,281,477.00 3,456,801,202.00
Reinsurance fee payable
Insurance contract provision
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广东电力发展股份有限公司 2013 年第三季度报告全文
Entrusted trading of securities
Entrusted selling of securities
Non-current liability due in 1 year 1,957,530,531.00 1,850,200,316.00
Other current liability 1,324,963,527.00
Total of current liability 21,965,058,487.00 24,316,474,011.00
Non-current liabilities：
Long-term loan 15,767,621,437.00 14,786,327,736.00
Bond payable 3,190,056,659.00 1,994,144,734.00
Long-term payable 2,122,783,091.00 2,515,664,982.00
Special payable 13,944,311.00 16,904,604.00
Expected liabilities
Differed income tax liability 15,339,732.00 2,057,101.00
Other non-current liabilities 97,813,418.00 102,329,774.00
Total of non-current liabilities 21,207,558,648.00 19,417,428,931.00
Total of liability 43,172,617,135.00 43,733,902,942.00
Owners’ equity
Share capital 4,375,236,655.00 4,375,236,655.00
Capital reserves 5,024,323,007.00 5,025,289,056.00
Less：Shares in stock
Special reserve
Surplus reserves 4,203,571,277.00 3,955,568,618.00
Common risk provision
Undistributed profit 4,872,902,422.00 2,899,227,999.00
Different of foreign currency translation
Total of owner’s equity belong to the
18,476,033,361.00 16,255,322,328.00
parent company
Minor shareholders’ equity 6,394,320,361.00 5,719,434,200.00
Total of owners’ equity 24,870,353,722.00 21,974,756,528.00
Total of liabilities and owners’ equity 68,042,970,857.00 65,708,659,470.00
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting organ：Qin
Jingdong
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广东电力发展股份有限公司 2013 年第三季度报告全文
2. Balance sheet of the Parent Company
Prepared by: Guangdong Electric Power Development Co., Ltd.
Unit ：RMB
Year-end balance
Items Year-beginning balance
Current asset：
Monetary fund 581,345,601.00 373,626,540.00
Trading financial assets
Bill receivable
Account receivable 271,742,637.00 269,908,526.00
Prepayments 182,105,750.00 222,709,377.00
Interest receivable 1,248,625.00 1,282,187.00
Dividend receivable 9,155,096.00 9,155,096.00
Other account receivable 136,613,096.00 571,884,980.00
Inventories 162,648,032.00 142,126,173.00
Non-current asset due in 1 year
Other current asset 86,670,258.00 99,887,231.00
Total of current assets 1,431,529,095.00 1,690,580,110.00
Non-current assets：
Disposable financial asset 294,396,480.00 295,684,545.00
Expired investment in possess
Long-term receivable 500,000,000.00 258,780,000.00
Long term share equity investment 20,686,800,301.00 18,675,217,008.00
Property investment 10,997,930.00 11,474,629.00
Fixed assets 1,126,838,338.00 1,111,673,900.00
Construction in progress 150,413,033.00 128,218,795.00
Engineering material
Fixed asset disposal 5,564,564.00
Production physical assets
Gas & petrol
Intangible assets 103,523,861.00 104,363,622.00
R & D petrol
Goodwill
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广东电力发展股份有限公司 2013 年第三季度报告全文
Long-germ expenses to be
amortized
Differed income tax asset
Other non-current asset 10,899,400.00 102,000,000.00
Total of non-current assets 22,889,433,907.00 20,687,412,499.00
Total of assets 24,320,963,002.00 22,377,992,609.00
Current liabilities
Short-term loans 1,135,000,000.00 2,464,100,000.00
Trade off financial liabilities
Bill payable 180,000,000.00
Account payable 318,500,144.00 425,185,891.00
Advance payment
Employees’ wage payable 32,933,075.00 35,754,954.00
Tax payable 25,559,220.00 15,624,389.00
Interest payable 126,946,682.00 107,224,999.00
Dividend payable 7,629,090.00 7,558,762.00
Other account payable 190,973,357.00 120,858,146.00
Non-current liability due in 1 year 550,000,000.00 40,000,000.00
Other current liability 617,384,000.00
Total of current liability 3,004,925,568.00 3,396,307,141.00
Non-current liabilities：
Long-term loan 1,079,000,000.00 1,229,000,000.00
Bond payable 3,190,056,659.00 1,994,144,734.00
Long-term payable
Special payable
Expected liabilities
Differed income tax liability 1,735,085.00 2,057,101.00
Other non-current liabilities 29,997,043.00 27,066,924.00
Total of Non-current liabilities 4,300,788,787.00 3,252,268,759.00
Total of liability 7,305,714,355.00 6,648,575,900.00
Owners’ equity
Share capital 4,375,236,655.00 4,375,236,655.00
Capital reserves 5,616,893,486.00 5,617,859,535.00
Less：Shares in stock
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广东电力发展股份有限公司 2013 年第三季度报告全文
Special reserves
Surplus reserves 4,203,571,277.00 3,955,568,618.00
Common risk provision
Undistributed profit 2,819,547,229.00 1,780,751,901.00
Different of foreign currency translation
Total of owners’ equity 17,015,248,647.00 15,729,416,709.00
Total of liabilities and owners’ equity 24,320,963,002.00 22,377,992,609.00
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
3. Profit statement (Consolidated )of the report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I. Total operating income 8,560,954,937.00 7,326,858,464.00
Including：Operating income 8,560,954,937.00 7,326,858,464.00
II. Total operating cost 6,770,011,893.00 6,142,314,043.00
Including：Operating cost 6,016,433,143.00 5,485,722,844.00
Operating tax and extras 47,722,310.00 33,841,554.00
Sales expenses 959,562.00 484,819.00
Administration expenses 228,307,847.00 177,358,829.00
Financial expenses 467,839,031.00 444,905,997.00
Losses of devaluation of assets 8,750,000.00
Investment income 236,578,342.00 79,288,005.00
III. Operating profit 2,027,521,386.00 1,263,832,426.00
Add ：Non-operating income 26,248,629.00 7,708,624.00
Less：Non-operating expense 35,399,556.00 3,975,881.00
IV. Total profit 2,018,370,459.00 1,267,565,169.00
Less：Income tax 416,040,501.00 258,925,498.00
V. Net profit 1,602,329,958.00 1,008,639,671.00
Net profit attributable to owner’s equity of
1,170,459,368.00 687,993,326.00
parent company
Minority shareholders’ gains and
431,870,590.00 320,646,345.00
losses
VI. Earnings per share： -- --
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广东电力发展股份有限公司 2013 年第三季度报告全文
（I）Basic earnings per share 0.27 0.25
(II)Diluted earnings per share 0.27 0.25
VII. Other comprehensive income 30,841,447.00 -28,468,497.00
VIII. Total comprehensive income 1,633,171,405.00 980,171,174.00
Total comprehensive income attributable to
1,201,300,815.00 659,524,829.00
the owner of the parent company
Total comprehensive income attributable
431,870,590.00 320,646,345.00
minority shareholders
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
4. Profit statement(Parent Company) of the report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I. Business income 752,230,360.00 767,856,927.00
Less：Business cost 552,733,237.00 624,883,531.00
Business tax and surcharge 4,181,679.00 1,944,598.00
Administrative expense 38,265,781.00 35,433,579.00
Financial expenses 85,210,638.00 98,249,195.00
Investment gain（“-”for loss） 328,324,384.00 322,782,870.00
II. Operational profit 400,163,409.00 330,128,894.00
Add：Non-business income 50,591.00 551,498.00
Less：Non business expenses 19,991,404.00 2,033,375.00
III.Total profit 380,222,596.00 328,647,017.00
IV. Net profit 380,222,596.00 328,647,017.00
V. Earnings per share -- --
VII. Other comprehensive income 30,841,447.00 -28,468,497.00
VIII. Total comprehensive income 411,064,043.00 300,178,520.00
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
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广东电力发展股份有限公司 2013 年第三季度报告全文
5．Profit statement(Consolidated) from year-begin to the end of report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I. Total operating income 23,107,982,409.00 21,824,682,045.00
Including：Operating income 23,107,982,409.00 21,824,682,045.00
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 19,299,968,662.00 19,714,469,670.00
Including：Operating cost 17,042,301,470.00 17,668,251,687.00
Interest expense
Commission chare 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 147,855,987.00 90,943,554.00
Sales expenses 2,712,919.00 1,441,463.00
Administration expenses 629,678,682.00 558,390,433.00
Financial expenses 1,451,169,604.00 1,395,442,533.00
Losses of devaluation of assets 26,250,000.00
Add ：Changing income of fair value
Investment income 615,933,756.00 242,245,373.00
Including：Investment income on affiliate
company and joint venture
Exchange income
III. Operating profit 4,423,947,503.00 2,352,457,748.00
Add ：Non-operating income 48,293,632.00 63,091,943.00
Less：Non-operating expense 36,591,838.00 5,207,291.00
Including :Disposal loss of non-current
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广东电力发展股份有限公司 2013 年第三季度报告全文
assets
IV. Total profit 4,435,649,297.00 2,410,342,400.00
Less：Income tax 909,951,065.00 522,852,375.00
V. Net profit（“-”for net loss 3,525,698,232.00 1,887,490,025.00
Including: Net profit realized by the
entity taken over before the takeover
Net profit attributable to the
2,527,943,648.00 1,265,429,788.00
owners of parent company
Minority shareholders’ equity 997,754,584.00 622,060,237.00
VI. Earnings per share： -- --
（I）Basic earnings per share 0.58 0.32
(II)Diluted earnings per share 0.58 0.32
VII. Other comprehensive income -966,049.00 -25,304,513.00
VIII. Total comprehensive income 3,524,732,183.00 1,862,185,512.00
Total comprehensive income attributable to
2,526,977,599.00 1,240,125,275.00
the owner of the parent company
Total comprehensive income attributable
997,754,584.00 622,060,237.00
minority shareholders
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
6. Profit statement(Parent company) from year-begin to the end of report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I. Business income 2,247,160,167.00 2,312,838,037.00
Less：Business cost 1,743,400,101.00 2,012,166,322.00
Business tax and surcharge 13,474,554.00 7,938,918.00
Sales expense 191,849.00 263,005.00
Administrative expense 113,164,435.00 104,166,072.00
Financial expenses 257,386,990.00 294,568,426.00
Asset impairment loss
Add：Gains from change of fir
value （“-”for loss）
Investment gain（“-”for loss） 1,491,954,018.00 798,796,056.00
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广东电力发展股份有限公司 2013 年第三季度报告全文
Incl: investment gains from
affiliates
II. Operational profit 1,611,496,256.00 692,531,350.00
Add：Non-business income 1,837,358.00 2,543,280.00
Less：Non business expenses 20,269,061.00 3,061,172.00
Incl：Loss from disposal of
non-current assets
III.Total profit 1,593,064,553.00 692,013,458.00
Less：Income tax expenses
IV. Net profit 1,593,064,553.00 692,013,458.00
V. Earnings per share -- --
（I）Basic earnings per share
(II)Diluted earnings per share
VII. Other comprehensive income -966,049.00 -25,304,513.00
VIII. Total comprehensive income 1,592,098,504.00 666,708,945.00
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
7. Cash flow statement(Consolidated) from year-begin to the end of report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
26,970,827,212.00 26,099,452,283.00
rending of services
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
20
广东电力发展股份有限公司 2013 年第三季度报告全文
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 9,559,448.00 56,960,613.00
Other cash received from business
161,021,364.00 189,408,844.00
operation
Sub-total of cash inflow 27,141,408,024.00 26,345,821,740.00
Cash paid for purchasing of
15,773,602,306.00 16,256,661,811.00
merchandise and services
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
1,041,001,640.00 910,734,863.00
staffs
Taxes paid 2,346,516,466.00 1,424,485,498.00
Other cash paid for business
448,146,971.00 342,658,946.00
activities
Sub-total of cash outflow from
19,609,267,383.00 18,934,541,118.00
business activities
Cash flow generated by business
7,532,140,641.00 7,411,280,622.00
operation, net
II.Cash flow generated by investing
Cash received from investment
276,780,000.00 38,800,000.00
retrieving
Cash received as investment gains 179,284,151.00 184,145,613.00
Net cash retrieved from disposal of
19,787,362.00 71,135,626.00
fixed assets, intangible assets, and
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广东电力发展股份有限公司 2013 年第三季度报告全文
other long-term assets
Net cash received from disposal of
subsidiaries or other operational
units
Other investment-related cash
422,451,303.00
received
Sub-total of cash inflow due to
898,302,816.00 294,081,239.00
investment activities
Cash paid for construction of
fixed assets, intangible assets 2,221,674,566.00 2,253,034,302.00
and other long-term assets
Cash paid as investment 394,969,400.00 140,781,600.00
Net increase of loan against pledge
Net cash received from subsidiaries
and other operational units
Other cash paid for investment
160,000.00 242,238.00
activities
Sub-total of cash outflow due to
2,616,803,966.00 2,394,058,140.00
investment activities
Net cash flow generated by
-1,718,501,150.00 -2,099,976,901.00
investment
III.Cash flow generated by financing
Cash received as investment 42,000,000.00 90,332,375.00
Incl: Cash received as investment
from minor shareholders
Cash received as loans 19,581,038,375.00 17,088,187,189.00
Cash received from bond
placing
Other financing –related ash
6,444,564.00
received
Sub-total of cash inflow from
19,623,038,375.00 17,184,964,128.00
financing activities
Cash to repay debts 20,403,777,848.00 19,000,180,201.00
Cash paid as dividend, profit, or
2,174,854,897.00 3,251,126,487.00
interests
Incl: Dividend and profit paid by
subsidiaries to minor shareholders
Other cash paid for financing 13,198,516.00 116,275,667.00
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广东电力发展股份有限公司 2013 年第三季度报告全文
activities
Sub-total of cash outflow due to
22,591,831,261.00 22,367,582,355.00
financing activities
Net cash flow generated by
-2,968,792,886.00 -5,182,618,227.00
financing
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
2,844,846,605.00 128,685,494.00
equivalents
Add: balance of cash and cash
2,813,898,537.00 4,040,520,194.00
equivalents at the beginning of term
VI ..Balance of cash and cash
5,658,745,142.00 4,169,205,688.00
equivalents at the end of term
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
8. Cash flow statement(Parent Company) from year-begin to the end of report period
Prepared by: Guangdong Electric Power Development Co., Ltd. Unit : RMB
Items Report period Same period of the previous year
I.Cash flows from operating activities
Cash received from sales of goods or
2,635,609,690.00 2,796,046,746.00
rending of services
Tax returned 1,897.00
Other cash received from business
58,197,037.00 37,105,418.00
operation
Sub-total of cash inflow 2,693,806,727.00 2,833,154,061.00
Cash paid for purchasing of
1,618,322,992.00 1,941,139,545.00
merchandise and services
Cash paid to staffs or paid for
244,370,537.00 211,807,964.00
staffs
Taxes paid 156,977,455.00 126,485,786.00
Other cash paid for business
69,313,141.00 37,008,310.00
activities
Sub-total of cash outflow from
2,088,984,125.00 2,316,441,605.00
business activities
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广东电力发展股份有限公司 2013 年第三季度报告全文
Cash flow generated by business
604,822,602.00 516,712,456.00
operation, net
II.Cash flow generated by investing
Cash received from investment
376,780,000.00 238,800,000.00
retrieving
Cash received as investment gains 1,054,334,761.00 656,631,402.00
Net cash retrieved from disposal of
fixed assets, intangible assets, and 9,746,181.00 1,413.00
other long-term assets
Net cash received from disposal of
subsidiaries or other operational
units
Other investment-related cash
422,451,302.00
received
Sub-total of cash inflow due to
1,863,312,244.00 895,432,815.00
investment activities
Cash paid for construction of
fixed assets, intangible assets 153,209,112.00 142,888,717.00
and other long-term assets
Cash paid as investment 2,080,969,400.00 597,726,621.00
Net cash received from subsidiaries
and other operational units
Other cash paid for investment
activities
Sub-total of cash outflow due to
2,234,178,512.00 740,615,338.00
investment activities
Net cash flow generated by
-370,866,268.00 154,817,477.00
investment
III.Cash flow generated by financing
Cash received as investment
Cash received as loans 4,105,000,000.00 2,094,100,000.00
Cash received from bond
placing
Other financing –related ash
6,444,565.00
received
Sub-total of cash inflow from
4,105,000,000.00 2,100,544,565.00
financing activities
Cash to repay debts 3,554,100,700.00 2,150,000,000.00
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广东电力发展股份有限公司 2013 年第三季度报告全文
Cash paid as dividend, profit, or
527,501,003.00 596,069,827.00
interests
Other cash paid for financing
9,635,570.00 28,417,229.00
activities
Sub-total of cash outflow due to
4,091,237,273.00 2,774,487,056.00
financing activities
Net cash flow generated by
13,762,727.00 -673,942,491.00
financing
IV. Influence of exchange rate
alternation on cash and cash
equivalents
V.Net increase of cash and cash
247,719,061.00 -2,412,558.00
equivalents
Add: balance of cash and cash
333,626,540.00 417,749,940.00
equivalents at the beginning of term
VI ..Balance of cash and cash
581,345,601.00 415,337,382.00
equivalents at the end of term
Legal representative：Pan Li Person-in-charge of the accounting work：Li Xiaoqing Person-in -charge of the accounting
organ：Qin Jingdong
II. Auditor’s report
If the interim report is audited
□ Yes√ No
25
