Foshan Electrical and Lighting Co., Ltd
Report for the Third Quarter of 2012
I. Important Notes
The Board of Directors, the Supervisory Committee, directors, supervisors and senior management of Foshan
Electrical & Lighting Company Limited (hereinafter referred to as “the Company”) warrant that this report does
not contain any false or misleading statements or omit any material facts and will take individual and/or joint
responsibility for the authenticity, accuracy and completeness of all contents set forth herein.
All directors attended the board session for reviewing this report.
The financial report for this third quarter of the Company has not been audited by a CPAs firm.
Mr. Zhong Xincai, company principal and concurrently head of the accounting work, and Ms. Wang Shuqiong,
chief of the Financial Department (accounting principal) hereby declare that the financial report enclosed in this
report is true and complete.
This report is prepared in both Chinese and English. Should there be any discrepancy between the two versions,
the Chinese version shall prevail.
II. Company Profile
（I）Major accounting data and financial indexes
Any retrospective adjustment in previous financial statements?
□ Yes √ No □ Inapplicable
30 Sept. 2012 31 Dec. 2011 Increase/decrease (%)
Total assets (RMB Yuan) 3,252,545,165.41 3,155,554,351.27 3.07%
Owners’ equity attributable to
shareholders of the Company 2,758,912,029.25 2,790,878,659.33 -1.15%
(RMB Yuan)
Share capital (share) 978,563,745.00 978,563,745.00 0%
Net assets per share
attributable to shareholders of
2.82 2.85 -1.15%
the Company (RMB
Yuan/share)
YoY increase/decrease YoY increase/decrease
Jul.-Sept. 2012 Jan.-Sept. 2012
(%) (%)
Gross operating revenues
523,873,419.93 -16.57% 1,588,210,544.18 -7.83%
(RMB Yuan)
Net profit attributable to
shareholders of the Company 82,554,608.63 -18.03% 217,077,551.79 -0.69%
(RMB Yuan)
Net cash flow from operating 307,729,823.62
-- -- 268.13%
activities (RMB Yuan)
Net cash flow per share from
operating activities (RMB -- -- 0.31 268.13%
Yuan/share)
Basic EPS (RMB Yuan/share) 0.08 -20% 0.22 -0.69%
Diluted EPS (RMB
0.08 -20% 0.22 -0.69%
Yuan/share)
Weighted average ROE (%) 2.99% -0.71% 7.49% -0.55%
1
Weighted average ROE after
deducting non-recurring gains 2.98% -0.77% 7.52% -0.69%
and losses (%)
Items of non-recurring gains and losses
√Applicable □Inapplicable
Amount during
Item Jan.-Sept. 2012 (RMB Notes
Yuan)
Gains and losses on disposal of non-current assets -157,439.71
Tax rebate, reduction or exemption due to un-authorized
approval or the lack of formal approval documents
Government grants recognized in the current year, except
for those acquired in the ordinary course of business or
382,000.00
granted at certain quotas or amounts according to the
country’s unified standards
Capital occupation fees received from non-financial
347,940.45
enterprises that are included in current gains and losses
Gains generated when the investment costs of the
Company’s acquiring subsidiaries, associates and joint
ventures are less than the fair value of identifiable net assets
in the investees attributable to the Company in the
acquisition of the investments
Exchange gains and losses of non-monetary assets
Gains and losses through entrusting others to invest or
manage assets
Various asset impairment provisions due to acts of God such
as natural disasters
Gains and losses on debt restructuring
Enterprise reorganization expenses, such as expenses on
employee settlement and integration
Gains and losses on the parts exceeding the fair value when
prices of transactions become unfair
Net current gains and losses from the period-begin to the
combination date of subsidiaries due to business
combinations under the same control
Gains and losses on contingent matters which are irrelevant
to the normal operation of the Company
Gains and losses on fair value changes of transactional
financial assets and liabilities, and investment gains on
disposal of transactional financial assets and liabilities and 149,360.25
available-for-sale financial assets, except for the effective
hedging business related to the Company’s normal operation
Reversal of impairment provisions for accounts receivable
which are separately tested for impairment signs
Gains and losses on entrustment loans from external parties
Gains and losses on fair value changes of investing
properties for which the fair value method is adopted for
subsequent measurement
Current gain and loss effect due to a just-for-once
adjustment to current gains and losses according to
requirements of taxation and accounting laws and
regulations
Custodian fee income from entrusted operations with the
Company
Other non-operating incomes and expenses besides the
-1,745,924.40
items above
2
Other gain and loss items that meet the definition of
19,179.66
non-recurring gains and losses
Minority interests effects
Income tax effects 154,799.92
Total -850,083.83 --
“Other gain and loss items that meet the definition of non-recurring gains and losses” & non-recurring gain and
loss items recognized as recurring gain and loss items according to the natures and characteristics of the
Company’s normal business
Naught
（II）Total number of shareholders and top 10 shareholders at the period-end
Total number of shareholders 156,991
Particulars about shares held by the top ten shareholders holding tradable shares
Type and number of shares
Name of shareholder Number of tradable shares held
Type Number
PROSPERITY LAMPS &
102,751,648 RMB ordinary shares 102,751,648
COMPONENTS LIMITED
DBS VICKERS(HONG Domestically listed foreign
15,195,025 15,195,025
KONG) LTD A/C CLIENTS shares
TAIFOOK SECURITIES
COMPANY Domestically listed foreign
10,909,212 10,909,212
LIMITED-ACCOUNT shares
CLIENT
EAST ASIA SECURITIES Domestically listed foreign
9,527,080 9,527,080
COMPANY LIMITED shares
Domestically listed foreign
ZHUANG JIANYI 8,324,132 8,324,132
shares
GUANGZHOU PROSPERITY
LAMPS & COMPONENTS 4,911,140 RMB ordinary shares 4,911,140
TRADE CO., LTD.
ZHANG YUAN 4,894,500 RMB ordinary shares 4,894,500
ZHAO XIYI 3,100,000 RMB ordinary shares 3,100,000
NIHK-CUSTOMERS'SEGREG Domestically listed foreign
2,888,099 2,888,099
ATED ACCOUNT shares
CHINA MERCHANTS SECU
RITIES CO., LTD.-CLIENT
ACCOUNT OF COLLATERA 2,284,301 RMB ordinary shares 2,284,301
L SECURITIES FOR MARG
IN TRADING
Among the top ten shareholders of the Company, Prosperity Lamps & Components
Limited and Zhuang Jianyi exist related relationship, and they are acting-in-concert.
Apart from this, it’s unknown whether there is any associated relationship among
Particulars about shareholders other shareholders of the top ten shareholders and the top ten shareholders holding
shares not subject to trading moratorium, whether there is any action-in-concert
among them regarding to Administrative Measures on Acquisition of Listed
Companies.
3
III. Significant Events
（I）Significant changes in major accounting data, financial highlights and reasons for these
changes
√Applicable □Inapplicable
1. Significant changes of balance sheet items and reasons for these changes
①. Prepayments increased 60.81% over the year-begin, which was mainly due to the increase of prepayments for
materials.
②. Accounts payable increased 62.81% over the year-begin, which was mainly due to the increase of accounts
payable for materials.
③. Accounts received in advance increased 71.11% over the year-begin, which was mainly due to the
prepayments from customers.
④. Tax payable increased 1,599.28% over the year-begin, which was mainly due to the increase of tax payable.
⑤. Payroll payable decreased 38.15% over the year-begin, which was mainly because the bonuses for last year
were distributed this year.
⑥. Other payables decreased 81.79% over the year-begin, which was mainly due to the decrease of payables.
2. Significant changes of consolidated income statement items from the year-begin to the period-end and reasons
for these changes
①. Financial expense decreased 215.26% over the same period of last year, which was mainly because interest
income increased and exchange loss decreased.
②. Investment income increased 2,196.44% over the same period of last year, which was mainly because the
Company received more bonuses from investees.
3. Significant changes of income statement items for the reporting period and reasons for these changes
①. Investment income increased 24,659.25% over the same period of last year, which was mainly because the
Company received more bonuses from investees.
4. Significant changes of cash flow statement items and reasons for these changes
①. Net cash flows from operating activities increased 268.13% over the same period of last year, which was
mainly due to the decrease of cash paid for goods and labor service.
②. Net cash flows from investing activities increased 280.24% over the same period of last year, which was
mainly due to the decrease of cash paid for investment
（II）Progress of significant events and its influence, as well as the analysis and explanation on
solutions
1. About non-standard audit opinion
□Applicable √Inapplicable
2. The Company offers capital to the controlling shareholder or its related parties or provides
external guarantees in violation of the prescribed procedures.
□Applicable √Inapplicable
3. Signing and execution of significant contracts concerning routine operation
□Applicable √Inapplicable
4
4. Others
□Applicable √Inapplicable
（III）Commitments of the Company or shareholders with an over 5% shareholding made in or carried
down into the reporting period
□Applicable √Inapplicable
（IV）Predict the 2012 annual operating results
Warnings of possible loss or large-margin change of the accumulated net profit made during the
period from the beginning of the year to the end of the next reporting period compared with the
same period of the last year according to prediction, as well as explanations on the reasons
□Applicable √Inapplicable
（V）Other significant events that need to be explained
1. Securities investment
√Applicable □Inapplicable
Proportion in
Initial Number of Closing the total Gain/loss in
Serial Variety of Code of Abbr. of investment shares held at carrying closing the reporting
No. securities securities securities amount the amount securities period (RMB
(RMB Yuan) period-end (RMB Yuan) investment Yuan)
amount (%)
1 Fund 5,000,000.00 4,012,728.75 100%
Other securities investments held at the period-end --
Gain/loss on selling securities in the reporting period -- -- -- --
Total 5,000,000.00 -- 4,012,728.75 100%
Disclosure date of the board announcement of securities
25 Nov. 2010
investment approval
Disclosure date of the general meeting announcement of
securities investment approval
2. Investments in derivatives
□Applicable √Inapplicable
3. Derivative investments held at the period-end
□Applicable √Inapplicable
4. Researches, visits and interviews received in the reporting period
The Company received no field researches,phone calls or written inquiries from investors.
5. Corporate bonds issued
Any corporate bonds issued?
□ Yes √ No
5
IV. Appendix
（I）Financial statements
Consolidated statements or not?
√ Yes □ No □ Inapplicable
The currency unit for data of the financial statements below is RMB Yuan unless otherwise specified.
1. Consolidated balance sheet
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Balance as at 30 Sept. 2012 Balance as at 30 Jun. 2012
Current Assets:
Monetary funds 666,059,569.33 690,691,751.15
Settlement reserves
Intra-group lendings
Transactional financial assets 4,012,728.75 4,097,366.22
Notes receivable 137,350,522.79 120,417,089.71
Accounts receivable 341,954,400.31 300,223,854.32
Accounts paid in advance 65,986,482.60 41,032,860.94
Premiums receivable
Reinsurance premiums receivable
Receivable reinsurance contract reserves
Interest receivable 506,347.11
Dividend receivable
Other accounts receivable 15,531,620.14 18,851,280.96
Financial assets purchased under
agreements to resell
Inventories 501,691,897.19 493,613,449.06
Non-current assets due within 1 year
Other current assets
Total current assets 1,732,587,221.11 1,669,433,999.47
Non-current assets:
Loans by mandate and advances granted
Available-for-sale financial assets 62,634,402.88 67,814,691.84
Held-to-maturity investments
Long-term accounts receivable
Long-term equity investment 529,217,071.17 447,024,125.94
Investing property
Fixed assets 581,206,257.28 643,078,677.62
Construction in progress 104,171,845.96 88,017,369.74
Engineering materials
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 223,092,396.44 218,637,493.54
R&D expense
Goodwill
6
Long-term deferred expenses
Deferred income tax assets 19,635,970.57 21,547,993.12
Other non-current assets
Total of non-current assets 1,519,957,944.30 1,486,120,351.80
Total assets 3,252,545,165.41 3,155,554,351.27
Current liabilities:
Short-term borrowings
Borrowings from Central Bank
Customer bank deposits and due to banks
and other financial institutions
Intra-group borrowings
Transactional financial liabilities
Notes payable
Accounts payable 320,519,821.87 196,871,864.30
Accounts received in advance 31,594,076.95 18,464,449.37
Financial assets sold for repurchase
Handling charges and commissions
payable
Employee’s compensation payable 33,084,499.68 53,489,679.18
Tax payable 31,223,661.72 -2,082,582.68
Interest payable
Dividend payable
Other accounts payable 4,939,101.45 27,119,424.60
Reinsurance premiums payable
Insurance contract reserves
Payables for acting trading of securities
Payables for acting underwriting of
securities
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 421,361,161.67 293,862,834.77
Non-current liabilities:
Long-term borrowings
Bonds payable
Long-term payables
Specific payables
Estimated liabilities
Deferred income tax liabilities 4,891,338.97 5,668,382.31
Other non-current liabilities 19,434,441.69 17,677,441.69
Total non-current liabilities 24,325,780.66 23,345,824.00
Total liabilities 445,686,942.33 317,208,658.77
Owners’ equity (or shareholders’ equity)
Paid-up capital (or share capital) 978,563,745.00 978,563,745.00
Capital reserves 617,790,003.47 622,193,249.09
Less: Treasury stock
Specific reserves
Surplus reserves 583,537,290.22 583,537,290.22
7
Provisions for general risks
Retained profits 579,020,990.56 606,584,375.02
Foreign exchange difference
Total equity attributable to owners of the
2,758,912,029.25 2,790,878,659.33
Company
Minority interests 47,946,193.83 47,467,033.17
Total owners’ (or shareholders’) equity 2,806,858,223.08 2,838,345,692.50
Total liabilities and owners’ (or
3,252,545,165.41 3,155,554,351.27
shareholders’) equity
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
2. Balance sheet of the Company
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Balance as at 30 Sept. 2012 Balance as at 30 Jun. 2012
Current Assets:
Monetary funds 371,972,016.20 412,626,723.50
Transactional financial assets 4,012,728.75 4,097,366.22
Notes receivable 131,390,537.79 117,057,089.71
Accounts receivable 335,641,028.18 321,717,684.58
Accounts paid in advance 39,648,664.15 19,337,394.94
Interest receivable
Dividend receivable
Other accounts receivable 48,333,453.91 61,235,503.93
Inventories 452,530,473.68 441,232,800.79
Non-current assets due within 1 year
Other current assets
Total current assets 1,383,528,902.66 1,377,304,563.67
Non-current assets:
Available-for-sale financial assets 62,634,402.88 67,814,691.84
Held-to-maturity investments
Long-term accounts receivable
Long-term equity investment 1,026,218,311.19 817,501,125.94
Investing property
Fixed assets 459,711,591.59 459,711,591.60
Construction in progress 53,938,018.08 41,158,543.29
Engineering materials
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 129,012,453.82 199,532,111.28
R&D expense
Goodwill
Long-term deferred expenses
8
Deferred income tax assets 19,929,625.01 21,386,906.12
Other non-current assets
Total of non-current assets 1,751,444,402.57 1,607,104,970.07
Total assets 3,134,973,305.23 2,984,409,533.74
Current liabilities:
Short-term borrowings
Transactional financial liabilities
Notes payable
Accounts payable 278,347,889.11 183,223,573.81
Accounts received in advance 30,778,436.91 19,276,919.50
Employee’s compensation payable 33,084,499.68 53,120,689.68
Tax payable 28,553,231.45 1,005,639.26
Interest payable
Dividend payable
Other accounts payable 15,621,943.04 31,370,556.92
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 386,386,000.19 287,997,379.17
Non-current liabilities:
Long-term borrowings
Bonds payable
Long-term payables
Specific payables
Estimated liabilities
Deferred income tax liabilities 4,891,338.97 5,668,382.31
Other non-current liabilities 10,260,691.72 10,387,441.69
Total non-current liabilities 15,152,030.69 16,055,824.00
Total liabilities 401,538,030.88 304,053,203.17
Owners’ equity (or shareholders’ equity)
Paid-up capital (or share capital) 978,563,745.00 978,563,745.00
Capital reserves 614,689,176.53 619,092,422.15
Less: Treasury stock
Specific reserves
Surplus reserves 583,537,290.22 583,537,290.22
Provisions for general risks
Retained profits 556,645,062.60 584,004,857.71
Foreign exchange difference
Total owners’ (or shareholders’) equity 2,733,435,274.35 2,765,198,315.08
Total liabilities and owners’ (or
3,134,973,305.23 3,069,251,518.25
shareholders’) equity
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
3. Consolidated income statement for the reporting period
Prepared by Foshan Electrical and Lighting Co., Ltd.
9
Unit: RMB Yuan
Item Jul.-Sept. 2012 Jul.-Sept. 2011
I. Total operating revenues 523,873,419.93 627,892,452.32
Including: Sales income 523,873,419.93 627,892,452.32
Interest income
Premium income
Handling charge and commission
income
II. Total operating cost 432,918,952.37 508,779,562.46
Including: Cost of sales 360,674,999.49 436,962,860.64
Interest expenses
Handling charge and commission
expenses
Surrenders
Net claims paid
Net amount withdrawn for the
insurance contract reserve
Expenditure on policy dividends
Reinsurance premium
Taxes and associate charges 5,742,862.87 7,092,028.07
Selling and distribution expenses 26,483,147.87 28,549,292.01
Administrative expenses 40,812,995.49 37,708,787.99
Financial expenses -880,116.23 -1,496,564.27
Asset impairment loss 85,062.87 -36,841.98
Add: Gain/(loss) from change in fair value
-149,360.25 -512,886.83
(“-” means loss)
Gain/(loss) from investment (“-”
8,437,820.11 34,079.46
means loss)
Including: share of profits in associates and
joint ventures
Foreign exchange gains (“-” means loss)
III. Business profit (“-” means loss) 99,242,927.42 118,634,082.49
Add: non-operating income 408,471.20 1,224,801.40
Less: non-operating expense 141,927.99 3,157,125.83
Including: loss from non-current asset
disposal
IV. Total profit (“-” means loss) 99,509,470.63 116,701,758.06
Less: Income tax expense 15,568,642.36 14,552,879.42
V. Net profit (“-” means loss) 83,940,828.27 102,148,878.64
Including: Net profit achieved by
combined parties before the combinations
Attributable to owners of the
82,554,608.63 100,718,418.62
Company
Minority shareholders’ income 1,386,219.64 1,430,460.02
VI. Earnings per share -- --
(I) Basic earnings per share 0.08 0.1
(II) Diluted earnings per share 0.08 0.1
Ⅶ. Other comprehensive incomes -3,602,655.50 -14,813,916.82
Ⅷ. Total comprehensive incomes 80,338,172.77 87,334,961.82
10
Attributable to owners of the
78,951,953.13 85,904,501.80
Company
Attributable to minority shareholders 1,386,219.64 1,430,460.02
Where business mergers under the same control occurred in this reporting period, the net profit achieved by the merged parties before
the business mergers was RMB 0.
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
4. Income statement of the Company for the reporting period
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Jul.-Sept. 2012 Jul.-Sept. 2011
I. Total sales 531,549,720.22 576,634,602.55
Less: cost of sales 382,643,048.61 401,265,258.52
Business taxes and surcharges 4,684,475.58 6,426,441.16
Distribution expenses 24,378,077.59 27,279,976.30
Administrative expenses 33,207,737.90 32,633,033.25
Financial costs 127,055.96 -1,116,748.02
Impairment loss -2,618,330.56 702,661.43
Add: gain/(loss) from change in fair value
-149,360.25 -512,886.83
(“-” means loss)
Gain/(loss) from investment (“-” means
8,437,820.12 34,378.27
loss)
Including: income form investment on
associates and joint ventures
II. Business profit (“-” means loss) 97,416,115.01 108,965,471.35
Add: non-business income 227,626.21 887,788.32
Less: non-business expense 88,182.95 3,151,820.27
Including: loss from non-current asset
disposal
III. Total profit (“-” means loss) 97,555,558.27 106,701,439.40
Less: income tax expense 13,384,902.76 12,998,131.22
IV. Net profit (“-” means loss) 84,170,655.51 93,703,308.18
V. Earnings per share -- --
(I) Basic earnings per share
(II) Diluted earnings per share
VI. Other comprehensive income
VII. Total comprehensive income 84,170,655.51 93,703,308.18
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
5. Consolidated income statement from 1 Jan. 2012 to 30 Sept. 2012
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2012 Jan.-Sept. 2011
11
I. Total operating revenues 1,588,210,544.18 1,723,211,755.56
Including: Sales income 1,588,210,544.18 1,723,211,755.56
Interest income
Premium income
Handling charge and commission
income
II. Total operating cost 1,352,841,161.55 1,453,355,156.29
Including: Cost of sales 1,153,653,460.30 1,258,079,060.65
Interest expenses
Handling charge and commission
expenses
Surrenders
Net claims paid
Net amount withdrawn for the
insurance contract reserve
Expenditure on policy dividends
Reinsurance premium
Taxes and associate charges 16,169,819.90 18,952,606.58
Selling and distribution expenses 73,437,029.06 80,659,397.62
Administrative expenses 116,377,360.96 96,899,961.50
Financial expenses -8,039,710.41 -2,550,215.87
Asset impairment loss 1,243,201.74 1,314,345.81
Add: Gain/(loss) from change in fair value
-84,637.47 -675,462.45
(“-” means loss)
Gain/(loss) from investment (“-”
24,922,163.06 1,085,250.10
means loss)
Including: share of profits in associates and
joint ventures
Foreign exchange gains (“-” means loss)
III. Business profit (“-” means loss) 260,206,908.22 270,266,386.92
Add: non-operating income 1,292,154.54 2,825,159.90
Less: non-operating expense 2,623,144.28 9,022,030.78
Including: loss from non-current asset
disposal
IV. Total profit (“-” means loss) 258,875,918.48 264,069,516.04
Less: Income tax expense 41,185,301.97 39,698,427.90
V. Net profit (“-” means loss) 217,690,616.51 224,371,088.14
Including: Net profit achieved by
combined parties before the combinations
Attributable to owners of the
217,077,551.79 218,585,875.90
Company
Minority shareholders’ income 613,064.72 5,785,212.24
VI. Earnings per share -- --
(I) Basic earnings per share 0.22 0.22
(II) Diluted earnings per share 0.22 0.22
Ⅶ. Other comprehensive incomes -850,083.83 -27,349,571.03
Ⅷ. Total comprehensive incomes 216,840,532.68 197,021,517.11
Attributable to owners of the
216,227,467.96 191,236,304.87
Company
12
Attributable to minority shareholders 613,064.72 5,785,212.24
Where business mergers under the same control occurred from 1 Jan. 2012 to 30 Sept. 2012, the net profit achieved by the merged
parties before the business mergers was RMB 0.
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
6. Income statement of the Company from 1 Jan. 2012 to 30 Sept. 2012
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2012 Jan.-Sept. 2011
I. Total sales 1,583,565,481.94 1,659,544,072.24
Less: cost of sales 1,178,237,161.95 1,241,626,754.87
Business taxes and surcharges 13,818,941.35 16,590,921.51
Distribution expenses 69,864,953.88 77,025,816.81
Administrative expenses 96,164,539.05 85,036,256.39
Financial costs -3,003,440.14 -1,701,445.24
Impairment loss -1,715,715.91 1,504,410.54
Add: gain/(loss) from change in fair value
-84,637.47 -675,462.45
(“-” means loss)
Gain/(loss) from investment (“-” means
25,323,875.29 9,054,494.93
loss)
Including: income form investment on
associates and joint ventures
II. Business profit (“-” means loss) 255,438,279.58 247,840,389.84
Add: non-business income 1,005,589.45 2,367,496.75
Less: non-business expense 2,515,049.05 8,231,932.20
Including: loss from non-current asset
disposal
III. Total profit (“-” means loss) 253,928,819.98 241,975,954.39
Less: income tax expense 36,647,678.84 35,100,328.71
IV. Net profit (“-” means loss) 217,281,141.14 206,875,625.68
V. Earnings per share -- --
(I) Basic earnings per share
(II) Diluted earnings per share
VI. Other comprehensive income
VII. Total comprehensive income 217,281,141.14 206,875,625.68
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
7. Consolidated cash flow statement from 1 Jan. 2012 to 30 Sept. 2012
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
Item Jan.-Sept. 2012 Jan.-Sept. 2011
I. Cash flows from operating activities:
13
Cash received from sale of commodities
1,731,307,375.25 1,730,626,728.25
and rendering of service
Net increase of deposits from customers
and dues from banks
Net increase of loans from the central
bank
Net increase of funds borrowed from
other financial institutions
Cash received from premium of original
insurance contracts
Net cash received from reinsurance
business
Net increase of deposits of policy holders
and investment fund
Net increase of disposal of tradable
financial assets
Cash received from interest, handling
charges and commissions
Net increase of intra-group borrowings
Net increase of funds in repurchase
business
Tax refunds received 40,182,721.43 51,675,517.34
Other cash received relating to operating
19,735,254.28 10,949,778.65
activities
Subtotal of cash inflows from operating
1,791,225,350.96 1,793,252,024.24
activities
Cash paid for goods and services 995,755,598.39 1,268,643,798.28
Net increase of customer lendings and
advances
Net increase of funds deposited in the
central bank and amount due from banks
Cash for paying claims of the original
insurance contracts
Cash for paying interest, handling
charges and commissions
Cash for paying policy dividends
Cash paid to and for employees 250,811,439.11 227,507,691.76
Various taxes paid 139,420,780.01 127,899,189.76
Other cash payment relating to operating
97,507,709.83 85,608,574.66
activities
Subtotal of cash outflows from operating
1,483,495,527.34 1,709,659,254.46
activities
Net cash flows from operating activities 307,729,823.62 83,592,769.78
II. Cash flows from investing activities:
Cash received from withdrawal of
34,200,139.56
investments
Cash received from return on
26,729,133.84 3,534,506.52
investments
Net cash received from disposal of fixed
assets, intangible assets and other long-term
assets
Net cash received from disposal of
subsidiaries or other business units
14
Other cash received relating to
investing activities
Subtotal of cash inflows from
26,729,133.84 37,734,646.08
investing activities
Cash paid to acquire fixed assets,
29,638,109.47 46,784,060.17
intangible assets and other long-term assets
Cash paid for investment 83,999,916.00 13,806,800.00
Net increase of pledged loans
Net cash paid to acquire subsidiaries and
other business units
Other cash payments relating to investing
activities
Subtotal of cash outflows from investing
113,638,025.47 60,590,860.17
activities
Net cash flows from investing activities -86,908,891.63 -22,856,214.09
III. Cash Flows from Financing Activities:
Cash received from capital
contributions
Including: Cash received from minority
shareholder investments by subsidiaries
Cash received from borrowings
Cash received from issuance of bonds
Other cash received relating to
financing activities
Subtotal of cash inflows from financing
0.00 0.00
activities
Repayment of borrowings
Cash paid for interest expenses and
245,810,329.96 247,859,202.46
distribution of dividends or profit
Including: dividends or profit paid by
subsidiaries to minority shareholders
Other cash payments relating to
financing activities
Sub-total of cash outflows from financing
245,810,329.96 247,859,202.46
activities
Net cash flows from financing activities -245,810,329.96 -247,859,202.46
IV. Effect of foreign exchange rate changes
357,216.15 1,054,308.25
on cash and cash equivalents
V. Net increase in cash and cash
-24,632,181.82 -186,068,338.52
equivalents
Add: Opening balance of cash and
690,691,751.15 711,625,404.65
cash equivalents
VI. Closing balance of cash and cash
666,059,569.33 525,557,066.13
equivalents
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
8. Cash flow statement of the Company from 1 Jan. 2012 to 30 Sept. 2012
Prepared by Foshan Electrical and Lighting Co., Ltd.
Unit: RMB Yuan
15
Item Jan.-Sept. 2012 Jan.-Sept. 2011
I. Cash flows from operating activities:
Cash received from sale of commodities
1,682,275,921.98 1,692,377,076.38
and rendering of service
Tax refunds received 40,182,721.43 51,427,532.15
Other cash received relating to operating
25,139,338.06 13,391,223.34
activities
Subtotal of cash inflows from operating
1,747,597,981.47 1,757,195,831.87
activities
Cash paid for goods and services 1,013,078,303.75 1,307,128,399.98
Cash paid to and for employees 217,610,010.51 192,640,404.70
Various taxes paid 108,044,591.73 105,737,185.67
Other cash payment relating to operating
96,838,845.01 91,096,499.73
activities
Subtotal of cash outflows from operating
1,435,571,751.00 1,696,602,490.08
activities
Net cash flows from operating activities 312,026,230.47 60,593,341.79
II. Cash flows from investing activities:
Cash received from retraction of
1,010,139.56
investments
Cash received from return on
27,130,846.06 3,534,506.52
investments
Net cash received from disposal of fixed
assets, intangible assets and other long-term
assets
Net cash received from disposal of
subsidiaries or other business units
Other cash received relating to
investing activities
Subtotal of cash inflows from
27,130,846.06 4,544,646.08
investing activities
Cash paid to acquire fixed assets,
17,292,570.27 23,905,044.72
intangible assets and other long-term assets
Cash paid for investment 117,199,916.00 223,806,800.00
Net cash paid to acquire subsidiaries and
other business units
Other cash payments relating to investing
activities
Subtotal of cash outflows from investing
134,492,486.27 247,711,844.72
activities
Net cash flows from investing activities -107,361,640.21 -243,167,198.64
III. Cash Flows from Financing Activities:
Cash received from capital
contributions
Cash received from borrowings
Cash received from issuance of bonds
Other cash received relating to
financing activities
Subtotal of cash inflows from financing
0.00 0.00
activities
Repayment of borrowings
Cash paid for interest expenses and
245,676,425.89 244,442,619.88
distribution of dividends or profit
16
Other cash payments relating to
financing activities
Sub-total of cash outflows from financing
245,676,425.89 244,442,619.88
activities
Net cash flows from financing activities -245,676,425.89 -244,442,619.88
IV. Effect of foreign exchange rate changes
357,128.33 1,060,349.54
on cash and cash equivalents
V. Net increase in cash and cash
-40,654,707.30 -425,956,127.19
equivalents
Add: Opening balance of cash and
412,626,723.50 681,198,634.58
cash equivalents
VI. Closing balance of cash and cash
371,972,016.20 255,242,507.39
equivalents
Legal representative: Zhong Xincai Person-in-charge of the accounting work: Zhong Xincai
Chief of the accounting division: Wang Shuqiong
(II) Audit report
The financial report for this third quarter of the Company has not been audited by a CPAs firm.
Board of Directors
Foshan Electrical and Lighting Co., Ltd.
24 OCTOBER 2012
17
