深圳市特力(集团)股份有限公司 2012 年半年度报告全文
深圳市特力（集团）股份有限公司
SHENZHEN TELLUS HOLDING CO.,LTD
2012 年半年度报告
SEMI-ANNUAL REPORT 2012
August16, 2012
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
SEMI-ANNUAL REPORT 2012
I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of
Shenzhen Tellus Holding Co., Ltd. (hereinafter referred to as the Company) hereby confirm that
there are no any fictitious statements, misleading statements, or important omissions carried in this
report, and shall take all responsibilities, individual and/or joint, for the reality, accuracy and
completion of the whole contents.
All directors are attending the Meeting for deliberation and approval for the semi-annual report.
Financial report of this semi-annual repot has not been audited by CPA.
Zhang Ruili, person in charge of the Company, Luo Bojun, person in charge of accounting works,
CFO Fu Bin and Ke Wensheng, person in charge of accounting institution (accounting officer)
hereby confirm the truthfulness and completeness of the Financial Report in the Semi-annual
Report 2012.
II. Company Profile
(I) Company information
Code for A-share 000025 Code for B-share 200025
Short form for
Short form for A-share Tellus-A Tellus-B
B-share
Listing stock exchange Shenzhen Stock Exchange
Legal Chinese name of
深圳市特力（集團）股份有限公司
the Company
Abbr. of legal Chinese
name of the Company
Legal English name of
Shenzhen Tellus Holding Co.,Ltd
the Company
Abbr. of legal English
name of the Company
Legal Representative Zhang Ruili
Registered Add. 3/F, Tellus Building, Shui Bei Er Road, Luohu District, Shenzhen
Post Code of
518020
registered add.
Office Add. 15/F, Zhonghe Building, Shennan Middle Road, Futian District, Shenzhen
Post Code of office
518031
add.
Internet website www.tellus.cn
E-mail sztljtgf@public.szptt.net.cn
(II) Contact person and ways
Secretary of the Board Rep. of security affairs
Name Guo Dongri Sun Bolun
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
5/F, Zhonghe Building, Shennan 5/F, Zhonghe Building, Shennan
Contact adds. Middle Road, Futian District, Middle Road, Futian District,
Shenzhen Shenzhen
Tel. (0755) 83989328 (0755) 83989339
Fax. (0755) 83989399 (0755) 83989399
E-mail guodongri@yahoo.com.cn s9239243@163.com
(III) Information disclosure and place for preparation
Newspapers Designated for Shenzhen-Securities Times and Hong Kong- Hong Kong
indormation disclosure Comercial Daily
Website desinated by CSRC for
http://www.cninfo.com.cn
publishing semi-annual report
place for preparation of
Secretariat of Shenzhen Tellus Holding Co.,Ltd
semi-annual report
III. Major accounting data and business abstract
(I) Major accounting data and financial indexes
Whether retroactive adjusted on previous financial report or not
□Yes √ No
Major accounting data
Increase/decrease in this
Reporting period (Jan.
Major accounting data Same period of last year report period
to June)
year-on-year (%)
Total business revenue(RMB) 194,282,667.44 178,047,165.38 9.12%
Business profit(RMB) -9,841,337.34 716,236.75
Total profit(RMB) -9,829,057.94 578,156.59
Net profit attributable to
shareholders of the listed company -8,637,314.75 502,339.55
(RMB)
Net profit attributable to
shareholders of the listed company
-8,687,510.8 602,711.39
after deducting non-recurring gains
and losses(RMB)
Net cash flow arising from operating
-5,034,466.47 6,776,674.04
activities(RMB)
Increase/decrease in this
End of this period End of last period period-end over that of
last period-end (%)
Total assets(RMB) 563,712,143.83 570,693,268.15 -1.22%
Owners’ equity attributable to
shareholders of the listed 168,618,598.51 177,365,899.51 -4.93%
company(RMB)
Share capital(Share) 220,281,600 220,281,600 0%
Major financial indexes
Increase/decrease in this
Reporting period (Jan.
Major financial indexes Same period of last year report period
to June)
year-on-year (%)
Basic earnings per share
-0.039 0.002
(RMB/Share)
Diluted earnings per share
-0.039 0.002
(RMB/Share)
Basic EPS after deducting -0.039 0.003
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
non-recurring gains/losses
(RMB/Share)
Fully diluted ROE (%) -5.12% 0.29%
Weighted average ROE (%) -4.99% 0.29%
Fully diluted ROE after deducting
-5.15% 0.34%
non-recurring gains/losses (%)
Weighted average ROE after
deducting non-recurring gains/losses -5.02% 0.34%
(%)
Net cash flow per share arising from
-0.023 0.031
operating activities (RMB/Share)
Increase/decrease in this
period-end over same
End of this period End of last period
period of last
period-end (%)
Net assets per share attributable to
shareholder of listed company 0.765 0.805 -4.97%
(RMB/ Share)
Asset-liability ratio (%) 65.97% 64.71% 1.26%
Explanation on former accounting data and financial index at period-end (stating adjustment
explanation if there has retroactive adjustment)
Nil
(II) Difference of accounting data under CAS and IAS
1. Difference of net profit and net assets disclosed in financial report based on IAS and CAS
□ Applicable √ Not applicable
2. Difference of net profit and net assets disclosed in financial report based on foreign
accounting standards and CAS
□ Applicable √ Not applicable
3. Detail items for major differences
Explanation on IAS
Items with major Amount involved and(or) foreign
Reasons for differences
differences (RMB) accounting standards
involved
4. Explanation on accounting data difference under the foreign/domestic accounting
standards
Nil
(III) Item and amount with non-recurring gains/losses deducted
√Applicable □Not applicable
Items Amount (RMB) Note
Gains and losses from disposal of non-current Losses from disposal of fixed assets
-21,255
assets from Huari Automobile
Tax refund or exemption out of authorization, with
absence of official approval document or
accidentally
Governmental subsidy calculated into current gains
and losses(while closely related with the normal
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
business of the Company, excluding the
fixed-amount or fixed-proportion governmental
subsidy according to the unified national standard)
Fund occupation expenses received from Fund occupation expenses received
non-financial enterprises that reckon into current 37,916.65 from affiliated enterprise Xinglong
gains/losses Company
Income occurred when investment cost paid by
enterprise for obtaining subsidiaries, associates and
joint ventures are lower than its share in fair
value of net realizable assets of invested units
Gains and losses from exchange of non-monetary
assets
Gains and losses from entrusted investment or
management assets
Various asset impairment reserve provided for force
majeure, such as natural disaster;
Gains/losses from debt reorganization
Reorganization expenses, such as expenditure for
allocation of employees and integration fee
Gains and losses from excess of transaction which
are conducted on a non-fair-valued basis over its
fair value
Current net gains and losses of subsidiaries
occurred from combination under the same control
commencing from period-begin to combination
date
Gains and losses from contingent events which has
no relation with normal business of the Company
Gains and losses from change of fair values of
held-for-transaction financial assets and financial
liabilities except for the effective hedge business
related to normal business of the Company, and
investment income from disposal of transactional
financial assets and liabilities and financial assets
available for sale
Reversal of impairment reserve for account
receivable with separate impairment testing
gains/ losses from external entrustment loans
Gains and losses arising from change of fair value
of investment properties whose follow-up
measurement are at fair value
Affect upon current gains/losses arising from the
one-off adjustment in subject to requirement of
laws and rules in relation to taxation and
accounting
Income from entrusted custody operation
Other non-operating income and expenditure
33,534.4
except the abovementioned
Other item that satisfied the definition of
non-recurring gains and losses
Influenced amount of minority shareholders’ equity
Impact on income tax
Total 50,196.05 --
Explanation on “Other item that satisfied the definition of non-recurring gains and losses” and
defined non-recurring gains and losses as recurring gain/loss according to natures and characteristic
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
of self-operation status
Amount involved
Item Note
(RMB)
IV. Changes in Share Capital and Particular about Shareholders
(I) Changes in share capital
1. Statement of changes in shares
□Applicable √Not applicable
2. Changes in restricted shares
□Applicable √Not applicable
(II) Security offering and listing
1. Security offering in previous three years
□Applicable √Not applicable
2 Changes of total shares and structures as well as outcome of asset-liability structures
□Applicable √Not applicable
3. Current shares held by internal staffs
□Applicable √Not applicable
(III) Shareholders and actual controller
1. Total shareholders at period-end
Total 18,318 shareholders at period-end
2. Shares held by top ten shareholders
Particulars about the shares held by the top ten shareholders
Amount of Shares pledged or frozen
Proportion of
Shareholders (full Nature of Total amount the
shares held
name) shareholders of shares held restricted Share status Amount
(%)
shares held
Shenzhen SDG Co., State-owned
66.22% 145,870,560 14,587,056
Ltd. legal person
TEACHER
RETIREMENT Foreign lega
1.03% 2,260,025 0
SYSTEM OF TEXAS l person
TRB2
Domestic na
Ling Fengyuan 0.23% 512,858 0
ture person
FISRT SHANGHAI Foreign legal
0.23% 507,478 0
SECURITIES LTD. person
Domestic
Zhang Xiaoming 0.21% 463,961 0
nature person
Domestic
Kan Hui 0.17% 369,126 0
nature person
Domestic
Lu Zhihua 0.16% 355,200 0
nature person
Domestic
Huang Dongyun 0.14% 304,200 0
nature person
He Xin Domestic 0.14% 304,100 0
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
nature person
Domestic
Qiu Junfei 0.12% 266,600 0
nature person
Explanation of shareholders
Particulars about the shares held by the top ten unrestricted shareholders
√Applicable □Not applicable
Amount of Type/amount of shares
Shareholders unrestricted shares
held at period-end Type Amount
Shenzhen SDG Co., Ltd. 131,283,504 A-share 131,283,504
TEACHER RETIREMENT SYSTEM OF
2,260,025 B-share 2,260,025
TEXAS TRB2
Ling Fengyuan 512,858 B-share 512,858
FISRT SHANGHAI SECURITIES LTD. 507,478 B-share 507,478
Zhang Xiaoming 463,961 A-share 463,961
Kan Hui 369,126 A-share 369,126
Lu Zhihua 355,200 A-share 355,200
Huang Dongyun 304,200 A-share 304,200
He Xin 304,100 B-share 304,100
Qiu Junfei 266,600 A-share 266,600
Explanation on associated relationship among the top ten shareholders or (and) consistent action
Among the top ten shareholders, there exists no associated relationship between the state-owned
legal person’s shareholders Shenzhen SDG Co., Ltd and other shareholders, and they do not belong
to the consistent actionist regulated by the Management Measure of Information Disclosure on
Change of Shareholding for Listed Companies. For the other shareholders of circulation share, the
Company is unknown whether they belong to the consistent actionist.
3. Controlling shareholders and actual controller
(1) Changes of controlling shareholders and actual controller
□Applicable √Not applicable
(2) Introduction of controlling shareholders and actual controller
Whether has new actual controller or not
□Yes √No
Shenzhen Municipal People’s Government State-owned Assets
Name of actual controller
Supervision and Administration Commission
Type of actual controller Local State-Owned Assets Supervision & Administration Commission
Explanations
In reporting period, Shenzhen Municipal People’s Government of State-owned Assets Supervision
and Administration Commission is the largest shareholder of SDG with 43.30% equity held, which
is an institution directly under Government of Shenzhen, implemented investor’s right of
controlling shareholder SDG on behalf of Shenzhen Government. Office address: 17/F, Investment
Building, No. 4009 Shennan Blvd, Futian District, Shenzhen; principal: Zhang Xiaoli
(3) Block diagram of property rights and controlling relationship between the Company and
actual controller
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen Municipal People’s Government of State-owned Assets Supervision and Administration
Commission
43.30%
Shenzhen SDG Co., Ltd.
66.22%
Shenzhen Tellus Holding Co., Ltd.
(4) Actual controller controlling the Company by means of entrust or other assets
management
□Applicable √Not applicable
4. Other legal person’s shareholders with over ten percent shares held
□Applicable √Not applicable
(IV) Convertible bonds
□Applicable √Not applicable
V. Directors, Supervisors and Senior Executives
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(I) Changes of shares held by directors, supervisors and senior executive
Whether
Amount of received
Amount of Amount of
Shares held shares Including: remuneration
shares Shares held stock option
Office dated Office dated at increase in restricted Reasons for from
Name Title Sex Age decreased in at period-end held at
from ended period-begin( this shares held changes shareholders’
this period (Share) period-end
Share) period(Share (Share) unit or other
(Share) (Share)
) related unit
or not
Chairman of
Zhang Ruili M 49 2012-06-06 2015-06-06 0 0 0 0 0 0 No
the Board
Luo Bojun GM, Director M 50 2012-06-06 2015-06-06 0 0 0 0 0 0 No
CFO,
Fu Bin M 50 2012-06-06 2015-06 -06 0 0 0 0 0 0 No
Director
Zhang junlin Director M 47 2012-06-06 2015-06-06 0 0 0 0 0 0 Yes
Zhang
Director M 53 2012-06-06 2015-06-06 0 0 0 0 0 0 Yes
Jianmin
Yu Lei Director F 44 2012-06-06 2015-06-06 0 0 0 0 0 0 Yes
Independent
Liu Hongling F 58 2012-06-06 2015-06-06 0 0 0 0 0 0 No
director
Jiang Independent
M 51 2012-06-06 2015-06-06 0 0 0 0 0 0 No
Hongjun director
Independent
Wei Shaohui M 40 2012-06-06 2015-06-06 0 0 0 0 0 0 No
director
Guan Zhicai Supervisor M 58 2012-06-06 2015-06-06 0 0 0 0 0 0 No
Zhang
Supervisor M 42 2012-06-06 2015-06-06 0 0 0 0 0 0 Yes
Xinliang
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Fu Chunlong Supervisor M 39 2012-06-06 2015-06-06 0 0 0 0 0 0 Yes
Wang
Supervisor M 54 2012-06-06 2015-06-06 0 0 0 0 0 0 No
Guangye
Ke
Supervisor F 44 2012-06-06 2015-06-06 0 0 0 0 0 0 No
Wensheng
Ren
Deputy GM M 49 2012-06-07 2015-06-06 0 0 0 0 0 0 No
Yongjian
Deputy GM,
Guo Dongri Secretary of M 47 2012-06-07 2015-06-06 0 0 0 0 0 0 No
the Board
Feng Yu Deputy GM M 45 2012-06-07 2015-06-06 0 0 0 0 0 0 No
Lv Hang Former GM M 51 2011-06-15 2012-02-23 0 0 0 0 0 0 No
Former
Ji Dejun Independent M 68 2009-06-18 2012-06-06 0 0 0 0 0 0 No
director
Shi Former
M 54 2009-06-18 2012-06-06 0 0 0 0 0 0 Yes
Changyue Director
Total -- -- -- -- -- 0 0 0 0 0 0 -- --
Directors, supervisor and senior executives who awarded equity incentive in report period
□applicable √Not applicable
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(II) Representation
Representation in shareholders’ unit
√Applicable □Not applicable
Whether received
remuneration
Post Service term Service term
Name Shareholders’ unit from
occupied from ended
shareholders’ unit
or not
Zhang Junlin Shenzhen SDG Holding Co., Ltd. GM Yes
Zhang Deputy
Shenzhen SDG Holding Co., Ltd. Yes
Jianmin GM
Deputy
Yu Lei Shenzhen SDG Holding Co., Ltd. Yes
GM
Director of
Zhang auditing
Shenzhen SDG Holding Co., Ltd. Yes
Xinliang supervision
dept.
Director of
Fu Chunlong Shenzhen SDG Holding Co., Ltd. Yes
HR dept.
Shi
Shenzhen SDG Holding Co., Ltd. GM Yes
Changyue
Explanation
on job
occupation in
shareholders’
unit
Representation in other unit
√Applicable □Not applicable
Whether received
Post Service term Service term remuneration
Name other unit
occupied from ended from other unit or
not
Shenzhen Jinkai Sinocoms Appraisal Vice
Liu Hongling Yes
Co.,Ltd. Chairman
Senior
Wei Shaohui Guangdong Xinda Law Firm Yes
partner
Independen
Wei Shaohui Longhao Tiandi Corporation Limited Yes
t director
Shenzhen Click Technology Co., Independen
Wei Shaohui Yes
Ltd. t director
Explanation
on job
occupation in
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
other unit
(III) Remuneration of directors, supervisors and senior executives
Procedure for deciding The remunerations of independent directors are drafted by the board of directors, and
remunerations of passed by the shareholders’ general meeting; The remunerations of directors, supervisors
directors, supervisors and senior excutives are determined according the "articles of association " and other
and senior excutives relevant articles.
Bases on which
remunerations of
Determined by relevant laws and regulation of remuneration management as well as the
directors, supervisors
remuneration management mechanism of the Company.
and senior excutives
are decided
In reporting period, the actual remuneration (tax included) received by the directors,
Actual payment of
supervisors and senior executives of the Company, comprising monthly salary for 2012
remunerations of
(basic annual pay and vary subsidy), social insurance paid by the Company, housing
directors, supervisors
public reserve, annuity and performance remuneration for year of 2011 are amounting as
and senior excutives
RMB 2.44 million.
(IV) Changes of directors, supervisors and senior executives
Date of
Name Post holding Changes Reasons of changes
changes
Lv Hang Director, GM Resigned 2012-02-23 Work transfer
Shi
Director Office-leaving 2012-06-06 Changing session of the Board
Changyue
Independent
Ji Dejun Office-leaving 2012-06-06 Changing session of the Board
director
Selected as
Yu Lei Director 2012-06-06 Changing session of the Board
Director
Selected as
Wei Independent
independent 2012-06-06 Changing session of the Board
Shaohui director
director
Luo Selected as
Director 2012-06-06 Changing session of the Board
Bojun Director
Luo
GM Selected as GM 2012-02-24 Work transfer
Bojun
(V) Staff of the Company
Person on-jobs 581
Retirement person whose charges undertake by the
360
Company
Professional categories
Types of professional category Numbers of professional category
Production staff 349
Salesman 16
Technician 27
Financial staff 47
Administration staff 142
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Education background
Type of education background Numbers (people)
Master 15
Undergraduate 61
Junior college 130
High school and below 375
Explanation on employees
Administration including the management staff of the Group and employees in the enterprise which
the Company belongs to
VI. Report of the Board
(I) Management discussion and analysis
I. General performance of the Company in report period
Unit: RMB
Item This period Same period of last year +,- (%)
Operation income 194,282,667.44 178,047,165.38 +9.12%
Operation profit -9,841,337.34 716,236.75
Net profit -10,120,507.22 371,137.09
Reasons for decrease of operation profit and net profit: the investment income of stock jointly
enterprise withdrawal by equity method less than same period of last year.
II. Operation result and financial analysis
1. The growth of revenue
During the reporting period, the income of company is 194.2827 million Yuan, with a y-o-y
increase of 16.2355 million Yuan for 9.12% up. The increasing income mainly depends on the y-o-y
growth of car sales and property rent service.
2. The cost increases under the circumstance of the increase of income, the augmentation is greater
than the raise rate of income
During the reporting period, the cost of company is 162.1182million Yuan, with an increase of
17.9149 million Yuan for 12.42% up. The increase rate of cost is greater than the increase of income
and the comprehensive gross profit margin declines slightly.
3. The lower cost during the period
The total cost is 34.5472 million Yuan, with a y-o-y decrease of 245.2 million Yuan, 0.71% down.
Among them, the cost of sale is 9.7744 million Yuan, with a y-o-y decrease of 480 thousand Yuan,
4.68% down. The main reason of reduction is the decrease of the employee benefits, advertisement
and repair fee. The cost of management is 20.3733 million Yuan, with a y-o-y increase of 156.2
thousand Yuan, 0.71% up. The main reason of increase is the time difference when gives the money
to Board. The financial cost is 4.3995 million Yuan, with a y-o-y increase of 78.6 thousand Yuan,
1.82% up. The main reason of increase is the increase of loan rate which causes the increase of
interest expense.
4. The profit becomes less comparing with the same period of previous year
During the reporting period, the net profit of company is -10.1205 million Yuan, with a y-o-y
decrease of 10.4916 million Yuan. The net profit attributable to owners of the parent is -8.6373
million Yuan, with a y-o-y decrease of 9.1396 million Yuan. The decrease of profit dues to
competitive auto market; The loss of Huari Company is 4.19 million Yuan, with a y-o-y increase of
3.31 million Yuan comparing with the same period of previous year; the loss of Zung Fu Tellus is
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
13.35 million Yuan, the investment income is 8.97 million Yuan less than the same period of
previous year.
III. The condition of financial
1. The Assets
Ended as 30 June 2012, the total assets of company is 563.7121 million Yuan, of which liquid assets
is 125.14 million Yuan, non-liquid assets is 438.5721 million Yuan.
2. The Liability
Ended as 30 June 2012, the total liability of company is 371.901 million Yuan, of which liquid
liability is 278.8196 million Yuan; non-liquid liability is 93.0813 million Yuan.
3. The Owner's Equity
Ended as 30 June 2012, the owner's equity of company is 191.8112 million Yuan, of which the
owner's equity of this enterprise is 168.6186 million Yuan, minority interests is 23.1926 million
Yuan.
The difference between the actual operating results of the Company and the profit forecast or
operation plan in respect of this reporting period which have been disclosed publicly exceeds 20%
(no matter lower or higher) or not:
□ Yes □ No √ Not applicable
Operation and results analysis for the main subsidiaries and holding companies of the Company
Unit: RMB
Name Proportion of shares held Main products or service Net profit
Shenzhen Tellus 100% Inspection and maintenance of 134,046.79
Xinyongtong Automobile motor vehicle
Development Co.
Ltd(Xinyongtong)
Shenzhen SDG Tellus 100% Property management -67,058.24
Property Management Co.
Ltd (Tellus Property)
Shenzhen SDG Tellus Real 100% Development and management -126,839.75
Estate Co. Ltd of real estate
Shenzhen Tellus Real 100% Agency of real estate exchange 5,079.32
Estate Exchange Co. Ltd
(Exchange)
Shenzhen Xinyongtong 51% Production of inspection 454,920.86
Automobile Inspection equipment for auto vehicle
Equipment Co. Ltd
(Inspection Company )
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen Auto Industry 100% sales of auto and accessories 1,909,861.14
and Trade Corporation
(Auto Industry and Trade)
Shenzhen SDG Huarri 60% Auto maintenance and -128,055.46
Auto Co., ltd. (Huari production and sales of spare
Company) (Huari accessories
Company)
Shenzhen Zhongtian 100% Property leasing 859,302.25
Industrial Co.,
Ltd.(Zhongtian Company)
Shenzhen Huari Toyota 60% Sales of auto -4,061,516.76
Auto Sales Co., Ltd. (Huari
Toyota)
Shenzhen Zeng Fu Tellus 35% Auto maintenance, auto -13,354,233.43
Auto Service Co., Ltd. exhibition, sales of spare
accessories, technology
consultant and auto sales
All risks that may affect the achievement of the development strategy and business objective of
company in the future
The management of Tellus Company has many problems for a long time. With the efforts of all
people, the situation has been improved, but the fundamentals have not been changed: lacking of
operating profit, the assets structure is unreasonable, poor solvency, and the investment of new
project faces financial pressure. Currently the group faces greater pressure on the operation, mainly
in:
1. Funding problem: there are no long-time and stable low-cost funds, which cause the difficulties
on starting new projects;
2. The problem of competitiveness: the single-store of auto business of Tellus Company has no
competitive, it should change the way and form new core competitiveness.
1. Main business and operations
(1)Statement of main business classified according to industries and products
Unit: RMB
Increase or Increase or
Increase or
decrease of decrease of
Classified decrease of
operating gross profit
according to Operating Gross profit operating cost
Operating cost revenue over ratio over the
industries or revenue ratio (%) over the last
the last same last same
products same period of
period of last period of last
last year (%)
year (%) year (%)
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
According to industries
123,887,663.3 122,648,723.7
Auto sales 1% 16.3% 20.16% -3.22%
9 3
Auto
maintenance
22,218,088.03 16,424,636.72 26.08% -11.48% -18.44% 6.3%
and
inspection
Property
leasing and 47,231,319.93 22,467,201.82 52.43% 5.24% 6.29% -0.47%
service
According to products
Explanation on main business classified according to industries and products
(1) The business of Car sales
The car sales is an important source of Group revenues, accounts for more than 60% of total, the
company is mainly engaged in---FAW Toyota Motor.
In the first half of the year, the income of car sales is 123.89 million Yuan, with a y-o-y increase of
17.32 million Yuan, 16.3% up; the sales of car is 796 units, with a y-o-y increase of 213 units,
36.5% up. The income of domestic car is 117.76 million Yuan, with a y-o-y increase of 21.01
million Yuan, 21.7% up. The sales of domestic cars are 781 units, with a y-o-y increase of 222 units,
39.7% up. The income of imported cars is 6.13 million Yuan, with a y-o-y decrease of 3.69 million
Yuan, 37.6% down; the sales of imported cars are 15 units, with a y-o-y decrease of 9 units, 37.5%
down.
(2) Vehicle maintenance and inspection services
In the first half of the year, the income of vehicle maintenance and inspection service is 22.22
million Yuan, with a y-o-y decrease of 2.89 million Yuan, 11.5% down. The reduction of the car
maintenance and testing is the main reason for the decline of the income, in the first half year, the
number of vehicle maintenance are13.254 thousand units, with a y-o-y decrease of 791 units, the
number of vehicle testing are 12.748 thousand units, with a y-o-y decrease of 3.912 thousand units.
(3) The business of property rent
The Group's property rent service runs stably and the result sounds good, the control of cost is
reasonable; therefore, there is a slight increase in business achievement. The income of the property
rent is 48.18 million Yuan in the first half year, with a y-o-y increase of 1.81 million Yuan, 3.9% up.
The growth was mainly attributable to the increase of rent and management fee.
The explanation of why the increase and decrease of gross margin is larger than the same period of
last year.
The comprehensive gross margin declined slightly, mainly due to the great drop of gross margin in
auto sales, with a decrease of 3.2% over the same period of last year.
(2) Main business classified according to areas
Unit: RMB
Increase/decrease in revenue from
Areas Operating revenue operations over the same period of
last year (%)
Shenzhen 193,337,071.35 9.1%
Explanation on main business according to areas:
16
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Business of the Company is focus in Shenzhen.
Explanation on composition of main business:
Main business of the Company refers to the auto sales, auto maintenance and inspection business as
well as property leasing service.
(3) Explanation on reasons of material changes in main operations and its structure
□Applicable √Not applicable
(4) Explanation on reasons of material changes in profitability (gross profit ratio) of main
operations compared with that of last year
√Applicable □Not applicable
Comprehensive gross profit ratio gains a little down mainly due to the auto sales declined sharply in
gross profit ratio, a 3.2 percentage points down over same period of last year.
(5) Analysis on reasons of material changes in profit structure compared with the previous
year
□Applicable √Not applicable
(6) Business nature, main products or service as well as net profit for stock jointly enterprises
who take over 10% of the net profit
□Applicable √Not applicable
(7) Problems and difficulties in operation
2. Internal control mechanism related with fair-value measurement
□Applicable √Not applicable
3. Foreign currency financial assets and financial liabilities held
□Applicable √Not applicable
(II) Investment of the Company
1. General Application of the raised proceeds
□Applicable √Not applicable
2. Commitments on projects of raised funds
□Applicable √Not applicable
17
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
3. Changes of projects of raised funds
□Applicable √Not applicable
4. Investment on major projects of non-raised funds
□Applicable √Not applicable
(III) The modification of Board to the business plan for the second half of the year
□Applicable √Not applicable
(IV) Prediction of business performance from January – September 2012
Estimation on 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 on reason
□Applicable √Non-applicable
(V) Explanation on “Qualified Opinion” from the Certified Public Accountants in the report
period by the Board of Directors
□Applicable √Non-applicable
(VI) Explanation of the Management on changes and disposal of the issues involved in
“Qualified Opinion” from the Certified Public Accountants in the last year by the Board of
Directors
√Applicable □Non-applicable
The company's auditing agency---China Audit International Certified Public Accountants LTD.
("CAICPA" for short) issued that there was no reservations with matter paragraph in audit report of
year 2011(China Audit International Word Trial[2012] No.01020072), it emphasized that "All of the
users of financial statement are concerned, in financial statement 7, 1, (3), to the date of approval of
financial statements, Rite Group has not signed the agreement with ABC of Shenzhen that the
reconciliation of Rite Group undertakes the joint and several liability of loans of Petroleum and
Chemical Corporation, the amount of required payment and payment date is not decided. This
paragraph does not affect the issued audit opinion."
Therefore, the Board will continue to take positive measures in order to reach a settlement
agreement, to do the best to reduce the loss and to solve this problem.
(VII)Stating the discussion results issued by the Board on changes in the Company’s
accounting policies and accounting estimates or reasons for material accounting error
correction and influences thereof
□ Applicable √ Not applicable
(VIII) Determination and implementation of cash dividend policies of the Company
According to the relevant provisions of "Notice on the Further Implementation of Cash Dividend of
List Company", which released by China Securities Regulatory Commission and actual situation to
revise parts of provisions on the profit distribution policy of "Article of Association" and to
establish "the Rewards Plan of Shareholders in the Next Three Year(2012-2014)" (Rewards Plan II
for short). The change of “Article of Association " and "Rewards Plan" have deliberated and passed
through the 2nd Extraordinary Meeting of 7th Session of Board and the 1st T Extraordinary
Shareholders’ General Meeting 2012 respectively. The decision process is transparent and meets the
needs of relevant provisions.
The implementation of profit distribution is in strict accordance with the “Article of Association ",
the formulation and implementation of cash dividend meet the requirements of “Article of
Association” and shareholders' meeting. The standard and proportion of dividend is precise and
clear, the relevant decision-making procedures and mechanisms are perfect, the responsibility of
independent directors is clear and it works. The minority shareholders have the opportunities to
express their views and demands fully, the rights and interests of minority shareholders have been
18
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
maintained.
"The Amendment of Article of Association " and "the Rewards Plan of Shareholders in the Next
Three Year (2012-2014)" are published on www.cninfo.com.cn on July 31, 2012.
The undistributed profit is negative in the past three years, and it is not in accordance with the
condition of cash-dividend, so there is no implementation of cash-dividend in nearly three years.
(IX) Plan of profit distribution or capital reserve capitalizing
□Applicable √Not applicable
(X) Positive retained profit accumulated at end of 2011 without cash distribution carried out
□Applicable √Not applicable
(XI)Other events disclosed
Nil
(XII) Liabilities, credit changes and cash arrangement for debt paying in later year (Only
applies to listed company with corporate convertible bonds offered)
□Applicable √Not applicable
VII. Significant Event
(I)Corporate governance
During the reporting period, according to the requirements of relevant laws and regulations of
"Company Law", "Securities Act" and "Basic Criterion of Internal Control" and the deployment of
internal control of China Securities Regulatory Commission and Shenzhen Securities Regulatory
Bureau, based on the requirements of "the Implementation of Work Plan of Internal Control", in the
first half of 2012, the company continues to promote the implementation of internal control actively
and steadily and decomposes the main tasks and responsibilities, arranges the time schedule and
also hires a professional advisory for consulting, sorts the project of internal control, finds
deficiencies of internal control and make a timely and effective plan. By increasing the intensity of
inspection and sorting the existing system of internal control to arrange, revise and develop such
related rules for the implementation of internal control system and lay the foundation for the
development of company.
At present, the actual situation of corporate governance meets the requirements of the documents on
the governance of listed company which released by the China Securities Regulatory Commission.
(II) Implementation of profit distribution plan, capital reserve capitalizing or shares offering
that plan out previously and carry out in this reporting period
□Applicable √Not applicable
19
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(III) Material lawsuits and arbitrations
□Applicable √Not applicable
No material lawsuits and arbitrations occurred in this perio
20
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(IV) Related event of bankruptcy reorganization
□Applicable √Not applicable
(V) Equity of other listed company and stock jointly financial enterprise held by the
Company
1. Security investment
□Applicable √Not applicable
Explanation on security investment
2. Equity of other listed company held by the Company
√Applicable □Not applicable
Changes on
Proportion of Gains/losses
Initial Book value at owners’
equity held in in report Accounting
Short form of Share
Stock code investment period-end equity in calculation
the stock this company period resources
items
cost (RMB) (RMB) report period
(%) (RMB)
(RMB)
China Financial
assets Sponsor
600036 Merchants 178,454.2 0% 1,264,263 0 -109,986.25
available for share
Bank sales
Total 178,454.2 -- 1,264,263 0 -109,986.25 -- --
Explanation on equity of other listed company held by the Company
Ended as this report period, 115,775 shares of China Merchants Bank Co., Ltd. (short form of stock: CMB;
Stock code: 600036; “CMB” for short), listed in Shanghai Stock Exchange, were held by the Company.
3. Equity of non-listed financial enterprise held by the Company
□Applicable √Non-applicable
Explanation on equity of non-listed financial enterprise held by the Company
4. Buying and selling shares of other listed company
□Applicable √Not applicable
Explanation on shares dealing of other listed company
(VI) Assets transaction
1. Assets purchased or acquired
□Applicable √Not applicable
Explanation on assets purchased
2. Assets sold
□Applicable √Not applicable
Explanation on assets sold
3. Assets replacement
□Applicable √Not applicable
Explanation on assets replacement
21
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
4. Business combination
□Applicable √Not applicable
5. Progress of the events and their influence on the Company’s operating results and
financial status in the report period after the Report on Assets Restructure or Public Notice
on Acquisition and Sales of Assets being published
□Applicable √Not applicable
(VII) Explanation on shareholding increase proposed or implemented by largest shareholder
of the Company and its persons acting in concert in reporting period
□Applicable √Not applicable
(VIII) Implementation and its influence of equity incentive
□Applicable √Not applicable
(IX) Significant related transaction
22
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
1. Related transaction related to daily operation
√Applicable □Non-applicable
Reasons of
major
Related Related Proportion in
Content of Clearing form Influence of Market difference
Type of related Pricing transaction transaction similar
Related party Relationship related for related profit of the price(10 between
transaction principle price (10 amount (10 transactions
transaction transaction Company thousand yuan) trading price
thousand yuan) thousand yuan) (%)
and market
reference price
Shenzhen Zeng Commodity
Fu Tellus Auto Affiliated purchased/labor Marketing No material
House leasing 257.5 5% 257.5
Service Co., enterprise service price influence
Ltd. received
Shenzhen Commodity
Machinery
Xinyongtong Affiliated purchased/labor Marketing No material
equipment 7.09 0% 7.09
Technology enterprise service price influence
leasing
Co., Ltd. received
Shenzhen Commodity
Xinyongtong Affiliated purchased/labor Marketing No material
House leasing 7.73 0% 7.73
Auto Service enterprise service price influence
Co., Ltd. received
Shenzhen Commodity
Xinyongtong Affiliated purchased/labor Marketing No material
House leasing 6.14 0% 6.14
Auto Service enterprise service price influence
Co., Ltd. received
Shenzhen Commodity
Xinyongtong Affiliated purchased/labor Marketing No material
House leasing 5.67 0% 5.67
Dongxiao Auto enterprise service price influence
Service Co., received
23
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Ltd.
Shenzhen
Commodity
Xinyongtong
Affiliated purchased/labor Marketing No material
Dongxiao Auto House leasing 4.5 0% 4.5
enterprise service price influence
Service Co.,
received
Ltd.
Shenzhen Commodity
Machinery
Xinyongtong Affiliated purchased/labor Marketing No material
equipment 0 0% 0
Auto Service enterprise service price influence
leasing
Co., Ltd. received
Shenzhen
Commodity
Xinyongtong Machinery
Affiliated purchased/labor Marketing No material
Dongxiao Auto equipment 0.4 0% 0.4
enterprise service price influence
Service Co., leasing
received
Ltd.
Shenzhen
Commodity
Huari Toyota
Controlling purchased/labor Marketing No material
Auto Sales House leasing 4 0% 4
subsidiary service price influence
Service Co.,
received
Ltd.
Total -- -- 293.03 5 -- -- -- --
Details of major sold-goods return N/A
Necessity and sustainable of related transaction as well as reasons
The above products sales and labor service providing from the related parties are the normal routine activity of the Company,
of related transaction with related parties(not with other marketing
transaction are exercise in market pricing which benefit a lot in improving the business and profit of the Company.
dealers)
Influence on independence of listed company from related The above related transactions show no influence of independence of the listed company
24
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
transaction
Dependence on related parties by Company as well as relevant
N/A
solutions (If applicable)
Actual implementation of those amount that predicted in this
N/A
period by category for daily related transaction
Explanation on related transactions N/A
Related transactions concerned with routine operations
Selling products and providing labor service to related party Purchasing commodity and accepting labor service from related party
Related party Proportion in similar transactions Proportion in similar transactions
Trading amount(10 thousand yuan) Trading amount(10 thousand yuan)
amount (%) amount (%)
Total
Of which: in reporting period, RMB 0 was arising from related transaction by selling commodity to controlling shareholders and its subsidiary or providing labor service.
25
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Related transaction incurred by purchase or sales of assets
□Applicable √Not applicable
3. Significant related transaction from jointly investment outside
□Applicable √Not applicable
26
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
4. Current related liabilities and debts
√Applicable □Not applicable
Whether have non-operational current related liabilities and debts
□Yes √No
Funds offer to listed company by related parties(10 thousand
Funds offered to related parties (10 thousand yuan)
yuan)
Related parties Relationship
Balance at Occurred Amount Balance at Interest Interest Balance at Occurred Amount Balance at Interest Interest
period-begin amount paid period-end earned cost period-begin amount paid period-end earned cost
Non-operational
Subtotal
Operational
Shenzhen Xinyongtong Auto Service Co., Affiliated company of
85.03 7.73 92.76
Ltd. subsidiary
Shenzhen Xinyongtong Dongxiao Auto Affiliated company of
62.37 5.67 68.04
Service Co., Ltd. subsidiary
Shenzhen Tellus Auto Service Chain Co., Affiliated enterprise
707.87 4.88 702.99
Ltd. *1 of the Company
Shenzhen Xinyongtong Technology Co., Affiliated company of
8 8
Ltd. subsidiary
Shenzhen Yongtong Xinda Inspection Affiliated company of
49.89 1.17 51.06
Equipment Ltd. subsidiary
Shenzhen Xiandao Chemical Industry New Affiliated company of
70.81 70.81
Material Co., Ltd. subsidiary
Affiliated enterprise
Shenzhen Xinglong Machinery Mould Co., 180.6 3.79 184.39
of the Company
27
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen Tellus Xinyongtong Auto Service Affiliated company of
26.77 9 17.77
Co., Ltd. subsidiary
Joint-venture of the
Shenzhen Tellus Xing Investment Co., Ltd. 0.12 0.12
Company
Controlling
Shenzhen SDG Co., Ltd. 6,546.47 80.72 9.61 6,617.57
shareholder
Shenzhen SDG Development Center Subsidiary of parent
500 16.4 516.4 16.4
Construction Supervision Co., Ltd. company
Subsidiary of parent
Shenzhen SDG Real Estate Co., Ltd. 639.06 639.06
company
Subsidiary of parent
Hong Kong Yujia Investment Co., Ltd. 198.76 2.95 195.81
company
Subsidiary of parent
Shenzhen SDG Swan Industrial Co., Ltd. 2.07 2.07
company
Shenzhen Machinery Equipment Exp-Inp Subsidiary of parent
38.78 30.72 69.51
Co., company
Subsidiary of parent
Shenzhen Longgang Tellus Real Estate Co., 109.57 109.57
company
Subsidiary of parent
Shenzhen Tellus Yangchun Real Estate Co 47.62 47.62
company
Affiliated enterprise
Shenzhen Xinglong Machinery Mould Co., 7.85 7.85
of the Company
Subtotal
Total 1,191.45 18.36 13.88 1,195.93 0 0 8,090.19 127.84 12.56 8,205.46 0 16.4
28
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Funds offered to controlling shareholders and its subsidiary by the
0
Company in report period (10 thousand yuan)
Including: Amount occurring non-operational (10 thousand yuan) 0
Balance of funds offered to controlling shareholders and its
0
subsidiary by the Company (10 thousand yuan)
Including: Balance of non-operational (10 thousand yuan) 0
Reasons of related liabilities and debts
Liquidation of related liabilities and debts
Commitments concerned with related liabilities and debts
Influence on business performance and financial status of the
Company from related liabilities and debts
Fund occupation and progress of paying off
□Applicable √Not applicable
Till end of reporting period, accountability plan proposed by the Board for completed no non-operational fund occupation from listed company
□Applicable √Not applicable
29
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
5. Other significant related transaction
Nil
(X) Significant contracts and its implementation
1. Profits earned from trusteeship, contract and lease reached over 10% (10% included)
of total profit in this period
(1) Trusteeship
□Applicable √Non-applicable
(2) Contract
□Applicable √Non-applicable
(3) Lease
□Applicable √Non-applicable
2. Guarantees
□Applicable √Non-applicable
30
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
3. Trust financing
□Applicable √Non-applicable
4. Implementation of material contracts entered into during the normal operation
Nil
31
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
5. Other significant contract
□Applicable √Not applicable
(XI) Explanation on corporate bonds offering
□Applicable √Not applicable
(XII) Implementation of commitments
1. Commitments made by the Company or shareholders holding above 5% shares of the
Company in reporting period or extending to reporting period.
√Applicable □Not applicable
Commitment Commitment
Commitments Accepter Contents Implementation
date term
(I) Commitments during the work of Share
Merger Reform of the Company:
1. Commitments on Lock-up period
(1) In accordance with the Measures for the
Administration of the Share Merger Reform
of Listed Companies, SDG would abide by
the various laws, regulations and rules, and
perform its statutory commitment duty.
(2) Apart from the above-mentioned
statutory commitment, SDG also made the
following special commitment: with 36
months since the day the reform plan starts
to take effect, SDG would not list at
Shenzhen Stock Exchange and sell the
shares of Tellus it held (except for the shares
used to promote the administration level of
Tellus).
(3) The administration level would abide by
the laws, regulations and rules, and perform
its statutory commitment duty.
(4) SDG made the commitment: “The
Promiser hereby promises that, if the
Promiser failed to fulfill its commitment or
not fully fulfill its commitment, it would
compensate other shareholders for their
Shenzhen losses suffered thereafter”.
(5) SDG declared: “The Promiser would
Share Merger Reform SDG Co., 2005-12-29 Implementing
dutifully fulfill its commitments and
Ltd. shoulder corresponding legal
responsibilities. The Promiser would
transfer the shares held by it only if the
assignee agree and have the ability to
shoulder the commitment responsibility.”
2. Special commitment concerning the
incentive mechanism
In order to effectively boost the core
management level and business backbones
for long, SDG would take out its shares, not
exceeding 10% in total number after the
Share Merger Reform, and apply them to the
boost of the administration level. The shares
would be sold to the Company’s
administrative level over 3 years, with the
selling price being the net asset value per
share audited during the period nearest to
the implementation. Before the
implementation of the promoting plan by
share selling each year, the administration
level must prepay the Company a risk
responsibility fund, i.e. 20% of the planned
selling price; Should the work of the
performance examination set by the Board
failed to be finished, the paid risk
responsibility fund would not be refunded
32
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
and shall be owned by the Company.
Detailed rules concerning the limitations on
the administration level, such as the
subscription conditions and risk
responsibility fund, and boost plans would
be set by the Board and submitted to
relevant departments for approval. The
implementation of the shares for promoting
would be conducted strictly according to
relevant laws and regulations, and the
circulation conditions of these shares would
be in conformity with relevant regulations
set by the Shenzhen Stock Exchange.
3. Relevant expenses of this Share Merger
Reform of Tellus would be paid by SDG.
(II) The aforesaid commitments are in
process of implementation by SDG. The
restricted period for the shares held by SDG
were expired on 20 January 2009, in which
131,283,504 shares were listed for trading,
and others were still in limited period due to
special commitment of equity mechanism.
Commitments in
report of
N/A
acquisition or equity
change
Commitments in
N/A
assets replacement
Commitments made in
N/A
issuing
Other commitments
for medium and small N/A
shareholders
Completed on time or
√ Yes □ No
not
Detail reasons for
un-complement and N/A
further plan
Whether made a
promise to horizontal
competition and □ Yes √ No □ Not applicable
related transactions
that resulted or not
Solution term
N/A
promised
Solution way N/A
Complementation Implementing
2. Explanation on assets or projects that reached the original profit forecast as well as
its reasons while the reporting period still in forecast period, and there are profit
forecast on assets or projects of the Company
□Applicable √Non-applicable
(XIII) Items of other consolidated income
Unit: RMB
Items This period Last period
1. Gains(losses) from financial assets available for sales -109,986.25 24,312.75
Less: Income tax influences from financial assets available
for sales
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Subtotal -109,986.25 24,312.75
33
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Shares in the other consolidated income of the investee
calculated based on equity method
Less: Income tax influences of shares in the other
consolidated income of the investee calculated based on
equity method
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Subtotal
3. Gains(losses) from cash flow hedge instrument
Less: Income tax influences from cash flow hedge
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Adjusted amount transferred to initial confirmed amount of
the arbitraged items
Subtotal
4. Differences from translating foreign currency financial
statements
Less: Net amount of disposing overseas business transferred
to current gains/losses
Subtotal
5. Others
Less: Income tax influences by others reckoned into other
consolidated income
Net amount reckoned into other consolidated income in
previous period but transferred into gains/losses in current
period
Subtotal
Total -109,986.25 24,312.75
(XIV)Registration form of receiving research, communication and interview in the
report period
Content discussed
Date Place Way Type Object and documents
provided
(XV) Engagement and non-reappointment of CPA
Whether the semi-annual report was audited or not
□ Yes √ No □ Not applicable
Whether re-engaged the CPA or not
□ Yes √ No □ Not applicable
(XVI) Punishment and rectification for listed company and its directors, supervisor,
senior executives, shareholders of the Company, actual controller and purchasers
□Applicable √Not applicable
(XVII) Explanation on other significant events
□Applicable √Not applicable
(XVIII) Major changes of profitability of turn debt guarantor, assets status and credit
standings
(Only applies to listed company with corporate convertible bonds offered)
34
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
□Applicable √Not applicable
(XIX) Index for information disclosure
Name and page of publishing Internet website and searching
Event Date of disclosed
press route
Resolution notice of the
Board (12th extraordinary Securities Times -C17; Hong Juchao Website:
2012-01-20
meeting of 6th session of the Kong Commercial Daily -A21 http://www.cninfo.com.cn
Board)
Resignation of Directors and
GM; Resolution notice of the
Securities Times -D17; Hong Juchao Website:
Board (21st extraordinary 2012-02-24
th Kong Commercial Daily -A6 http://www.cninfo.com.cn
meeting of 6 session of the
Board)
Performance Prediction;
Resolution notice of the
Board (10th meeting of 6th
session of the Board);
Resolution notice of Securities Times -B36; Hong Juchao Website:
2012-04-14
Supervisory Committee (13th Kong Commercial Daily -B6 http://www.cninfo.com.cn
meeting of 6th session of
Supervisory Committee);
Summary of annual report of
2011
Abnormal Price of Stock Securities Times -D56; Hong Juchao Website:
2012-04-17
Exchange Kong Commercial Daily -A22 http://www.cninfo.com.cn
Securities Times -D121; Hong Juchao Website:
First quarterly report of 2012 2012-04-25
Kong Commercial Daily -A28 http://www.cninfo.com.cn
Resolution notice of the
Board (23rd meeting of 6th
session of the Board);
Resolution notice of
Supervisory Committee (15th Securities Times -D20; Hong Juchao Website:
2012-05-16
meeting of 6th session of Kong Commercial Daily -A24 http://www.cninfo.com.cn
Supervisory Committee);
Convening Annual
shareholders’ general
meeting of 2011
Resolution Notice of Annual
Securities Times -D13; Hong Juchao Website:
Shareholders’ General 2012-06-07
Kong Commercial Daily -A12 http://www.cninfo.com.cn
Meeting of 2011
Resolution notice of the
Board (1st extraordinary
meeting of 7th session of the
Securities Times -D20; Hong Juchao Website:
Board); Resolution notice of 2012-06-08
Kong Commercial Daily -A23 http://www.cninfo.com.cn
Supervisory Committee (1st
meeting of 7th session of
Supervisory Committee)
VIII. Financial Report
(I) Auditing Report
Whether the report has been audited or not
□ Yes √ No
(II) Financial Statement
Whether consolidated statement or not:
35
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
√ Yes □ No
Unless otherwise, currency for this statement refers to RMB (Yuan)
Currency used in note of financial statement is RMB (Yuan)
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Items Note Balance at period-end Balance at period-begin
Current assets:
Monetary funds 39,796,201.86 55,926,573.46
Settlement provisions
Capital lent
Transaction finance asset 0 0
Notes receivable 0 0
Accounts receivable 7,259,171.62 6,926,224.94
Accounts paid in advance 9,917,329.11 12,953,848.48
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable 0 0
Dividend receivable 0 0
Other receivables 25,247,513.36 11,043,423.52
Purchase restituted finance
asset
Inventories 42,919,798.18 30,218,346.71
Non-current asset due within
one year
Other current assets 0 0
Total current assets 125,140,014.13 117,068,417.11
Non-current assets:
Granted loans and advances
Finance asset available for
1,264,263 1,374,249.25
sales
Held-to-maturity investment 121,300 121,300
Long-term account receivable 2,322,845.69 2,341,645.69
Long-term equity investment 134,970,309.17 143,657,138.71
Investment real estate 105,801,660.91 108,421,268.41
Fixed assets 160,131,728.36 164,608,682.41
Construction in progress 3,565,461.92 2,461,073.03
Engineering material 0 0
36
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Disposal of fixed asset 0 0
Productive biological asset
Oil and gas asset 0 0
Intangible assets 135,338.58 164,088.54
Expense on Research and
Development
Goodwill
Long-term expenses to be
630,700.59 846,883.52
apportioned
Deferred income tax asset 29,628,521.48 29,628,521.48
Other non-current asset 0 0
Total non-current asset 438,572,129.7 453,624,851.04
Total assets 563,712,143.83 570,693,268.15
Current liabilities:
Short-term loans 45,496,287 42,792,388
Loan from central bank
Absorbing deposit and
interbank deposit
Capital borrowed
Transaction financial liabilities 0 0
Notes payable 4,061,052.45 0
Accounts payable 22,072,536.09 22,950,543.71
Accounts received in advance 2,711,544.98 2,070,889.22
Selling financial asset of
repurchase
Commission charge and
commission payable
Wage payable 12,056,255.89 13,285,537.39
Taxes payable 2,371,148.83 7,627,833.6
Interest payable 0 0
Dividend payable 0 0
Other accounts payable 109,470,811.25 94,803,075.42
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due
80,580,000 88,020,000
within 1 year
Other current liabilities 0 0
37
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total current liabilities 278,819,636.49 271,550,267.34
Non-current liabilities:
Long-term loans 0 4,680,000
Bonds payable
Long-term account payable 3,920,160.36 3,920,160.36
Special accounts payable 0 0
Projected liabilities 87,568,728.57 87,568,728.57
Deferred income tax liabilities 1,592,459.86 1,592,459.86
Other non-current liabilities 0 0
Total non-current liabilities 93,081,348.79 97,761,348.79
Total liabilities 371,900,985.28 369,311,616.13
Owner’s equity (or
shareholders’ equity):
Paid-up capital (or share
220,281,600 220,281,600
capital)
Capital public reserve 8,459,465.55 8,569,451.8
Less: Inventory shares
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit -63,075,053.36 -54,437,738.61
Balance difference of foreign
currency translation
Total owner’s equity
168,618,598.51 177,365,899.51
attributable to parent company
Minority interests 23,192,560.04 24,015,752.51
Total owner’s equity(or
191,811,158.55 201,381,652.02
shareholders’ equity)
Total liabilities and owner’s
563,712,143.83 570,693,268.15
equity(or shareholders’ equity)
Legal representative: Zhang Ruili
Person in charge of accounting works: Fu Bin
Person in charge of accounting institution: Ke Wensheng
2. Balance Sheet of parent company
Unit: RMB
Item Note Balance at period-end Balance at period-begin
Current assets:
Monetary funds 88,905.84 64,442.86
Transaction finance asset
Notes receivable
38
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Accounts receivable
Accounts paid in advance
Interest receivable
Dividend receivable
Other receivables 16,552,238.88 19,567,834.67
Inventories
Non-current asset due within
one year
Other current assets
Total current assets 16,641,144.72 19,632,277.53
Non-current assets:
Finance asset available for
1,264,263.00 1,374,249.25
sales
Held-to-maturity investment
Long-term account receivable 2,322,845.69 2,341,645.69
Long-term equity investment 371,855,318.91 380,032,015.02
Investment real estate 60,366,924.72 61,849,532.64
Fixed assets 18,854,995.92 19,484,310.81
Construction in progress 184,467.60 164,326.32
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 101,171.85 124,921.83
Expense on Research and
Development
Goodwill
Long-term expenses to be
10,208.06 52,590.22
apportioned
Deferred income tax asset 14,094,084.22 14,094,084.22
Other non-current asset
Total non-current asset 469,054,279.97 479,517,676.00
Total assets 485,695,424.69 499,149,953.53
Current liabilities:
Short-term loans 14,544,160.00 14,544,160.00
Transaction financial liabilities
Notes payable
Accounts payable
39
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Accounts received in advance
Wage payable 3,005,485.94 3,056,874.78
Taxes payable 280,289.76 281,051.07
Interest payable
Dividend payable
Other accounts payable 219,297,101.55 221,249,246.62
Non-current liabilities due
43,920,000.00 41,480,000.00
within 1 year
Other current liabilities
Total current liabilities 281,047,037.25 280,611,332.47
Non-current liabilities:
Long-term loans 4,680,000.00
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities 87,568,728.57 87,568,728.57
Deferred income tax liabilities 298,948.76 298,948.76
Other non-current liabilities
Total non-current liabilities 87,867,677.33 92,547,677.33
Total liabilities 368,914,714.58 373,159,009.80
Owner’s equity (or
shareholders’ equity):
Paid-up capital (or share
220,281,600.00 220,281,600.00
capital)
Capital public reserve 5,266,042.27 5,376,028.52
Less: Inventory shares
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
General risk reserve
Retained profit -111,719,518.48 -102,619,271.11
Balance difference of foreign
currency translation
Total owner’s equity(or
116,780,710.11 125,990,943.73
shareholders’ equity)
Total liabilities and owner’s
485,695,424.69 499,149,953.53
equity(or shareholders’ equity)
3. Consolidated Profit Statement
Unit: RMB
Item Note Amount in this period Amount in last period
40
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
I. Total operating income 194,282,667.44 178,047,165.38
Including: Operating income 194,282,667.44 178,047,165.38
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 162,118,236.89 144,203,262.02
Including: Operating cost 162,118,236.89 144,203,262.02
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 2,461,448.2 2,273,132.81
Sales expenses 9,774,350.9 10,254,375.32
Administration expenses 20,373,260.2 20,217,091.42
Financial expenses 4,399,504.55 4,320,901.64
Losses of devaluation of asset 0 0
Add: Changing income of fair
0 0
value(Loss is listed with “-”)
Investment income (Loss is
-4,997,204.04 3,937,834.58
listed with “-”)
Including: Investment income
on affiliated company and joint
venture
Exchange income (Loss is
listed with “-”)
III. Operating profit (Loss is
-9,841,337.34 716,236.75
listed with “-”)
Add: Non-operating income 33,582.2 21,394.84
Less: Non-operating expense 21,302.8 159,475
Including: Disposal loss of
21,255
non-current asset
IV. Total Profit (Loss is listed
-9,829,057.94 578,156.59
with “-”)
Less: Income tax expense 291,449.28 207,019.5
V. Net profit (Net loss is listed -10,120,507.22 371,137.09
41
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
with “-”)
Including: net profit realized
before consolidation by
mergered party
Net profit attributable to
-8,637,314.75 502,339.55
owner’s of parent company
Minority shareholders’ gains
-1,483,192.47 -131,202.46
and losses
VI. Earnings per share -- --
i. Basic earnings per share -0.039 0.002
ii. Diluted earnings per share -0.039 0.002
VII. Other consolidated
-109,986.25 24,312.75
income
VIII. Total comprehensive
-10,230,493.47 395,449.84
income
Total consolidated income
attributable to owners of parent -8,747,301 526,652.3
company
Total consolidated income
attributable to minority -1,483,192.47 -131,202.46
shareholders
The merger realized net profit RMB 0.00 before consolidation during enterprises
consolidation under a same control.
Legal representative: Zhang Ruili
Person in charge of accounting works: Fu Bin
Person in charge of accounting institution: Ke Wensheng
4. Profit Statement of parent company
Unit: RMB
Items Note Amount in this period Amount in last period
I. Operating income 6,998,484.71 6,559,038.23
Less: operating cost 2,200,025.49 2,025,180.4
Operating tax and extras 391,915.16 360,747.11
Sales expenses
Administration expenses 7,416,077.6 7,002,540.49
Financial expenses 1,603,643.22 1,947,403.34
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is
-4,487,070.61 3,774,059.15
listed with “-”)
Including: Investment income
on affiliated company and joint
venture
II. Operating profit (Loss is
-9,100,247.37 -1,002,773.96
listed with “-”)
Add: Non-operating income 5,471.9
Less: Non-operating expense
42
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed
-9,100,247.37 -997,302.06
with “-”)
Less: Income tax expense
IV. Net profit (Net loss is listed
-9,100,247.37 -997,302.06
with “-”)
V. Earnings per share -- --
i. Basic earnings per share
ii. Diluted earnings per share
VI. Other consolidated income -109,986.25 24,312.75
VII. Total comprehensive
-9,210,233.62 -972,989.31
income
5. Consolidated Cash Flow Statement
Unit: RMB
Item Amount in this period Amount in last period
I. Cash flows arising from
operating activities:
Cash received from selling
commodities and providing labor 222,809,578 179,556,003.78
services
Net increase of customer
deposit and interbank deposit
Net increase of loan from
central bank
Net increase of capital borrowed
from other financial institution
Cash received from original
insurance contract fee
Net cash received from
reinsurance business
Net increase of insured
savings and investment
Net increase of disposal of
transaction financial asset
Cash received from interest,
commission charge and
commission
Net increase of capital
borrowed
Net increase of returned business
capital
Write-back of tax received
Other cash received concerning
31,584,888.13 35,741,630.12
operating activities
Subtotal of cash inflow arising
254,394,466.13 215,297,633.9
from operating activities
Cash paid for purchasing
commodities and receiving labor 176,045,055.14 142,171,643.22
service
Net increase of customer loans
and advances
Net increase of deposits in
central bank and interbank
43
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Cash paid for original insurance
contract compensation
Cash paid for interest,
commission charge and
commission
Cash paid for bonus of
guarantee slip
Cash paid to/for staff and workers 26,612,534.85 26,383,310.2
Taxes paid 12,450,720.45 10,016,897.45
Other cash paid concerning
44,320,622.16 29,949,108.99
operating activities
Subtotal of cash outflow arising
259,428,932.6 208,520,959.86
from operating activities
Net cash flows arising from
-5,034,466.47 6,776,674.04
operating activities
II. Cash flows arising from
investing activities:
Cash received from recovering
investment
Cash received from investment
3,653,625.5 33,574.75
income
Net cash received from disposal
of fixed, intangible and other 45,000
long-term assets
Net cash received from
disposal of subsidiaries and other 0 0
units
Other cash received concerning
250,000
investing activities
Subtotal of cash inflow from
3,948,625.5 33,574.75
investing activities
Cash paid for purchasing fixed,
intangible and other long-term 2,284,994.86 914,244.41
assets
Cash paid for investment 600,000
Net increase of mortgaged loans
Net cash received from
0 0
subsidiaries and other units
Other cash paid concerning
200,000
investing activities
Subtotal of cash outflow from
2,484,994.86 1,514,244.41
investing activities
Net cash flows arising from
1,463,630.64 -1,480,669.66
investing activities
III. Cash flows arising from
financing activities
Cash received from absorbing
660,000
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 22,000,000
Cash received from issuing bonds
Other cash received concerning
0 28,201.1
financing activities
44
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Subtotal of cash inflow from
22,660,000 28,201.1
financing activities
Cash paid for settling debts 31,329,251.67 11,820,834
Cash paid for dividend and profit
3,890,087.71 3,029,213.78
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
0 0
financing activities
Subtotal of cash outflow from
35,219,339.38 14,850,047.78
financing activities
Net cash flows arising from
-12,559,339.38 -14,821,846.68
financing activities
IV. Influence on cash and cash
equivalents due to fluctuation in -196.39 -3,116.74
exchange rate
V. Net increase of cash and cash
-16,130,371.6 -9,528,959.04
equivalents
Add: Balance of cash and cash
55,926,573.46 64,122,979.84
equivalents at the period -begin
VI. Balance of cash and cash
39,796,201.86 54,594,020.8
equivalents at the period -end
6. Cash Flow Statement of parent company
Unit: RMB
Item Amount in this period Amount in last period
I. Cash flows arising from
operating activities:
Cash received from selling
commodities and providing labor 233,640.00 415,104.64
services
Write-back of tax received
Other cash received concerning
15,316,770.47 10,856,234.00
operating activities
Subtotal of cash inflow arising
15,550,410.47 11,271,338.64
from operating activities
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 5,821,300.83 4,844,266.68
Taxes paid 1,190,195.08 1,203,875.22
Other cash paid concerning
4,748,342.21 1,486,797.86
operating activities
Subtotal of cash outflow arising
11,759,838.12 7,534,939.76
from operating activities
Net cash flows arising from
3,790,572.35 3,736,398.88
operating activities
II. Cash flows arising from
investing activities:
Cash received from recovering
investment
Cash received from investment
48,625.50 33,574.75
income
Net cash received from disposal
of fixed, intangible and other
long-term assets
45
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Net cash received from
disposal of subsidiaries and other
units
Other cash received concerning
investing activities
Subtotal of cash inflow from
48,625.50 33,574.75
investing activities
Cash paid for purchasing fixed,
intangible and other long-term 50,214.28 33,862.00
assets
Cash paid for investment
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow from
50,214.28 33,862.00
investing activities
Net cash flows arising from
-1,588.78 -287.25
investing activities
III. Cash flows arising from
financing activities
Cash received from absorbing
investment
Cash received from loans
Cash received from bond offering
Other cash received concerning
financing activities
Subtotal of cash inflow from
0.00 0.00
financing activities
Cash paid for settling debts 2,240,000.00 2,240,000.00
Cash paid for dividend and profit
1,524,540.76 1,370,541.23
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from
3,764,540.76 3,610,541.23
financing activities
Net cash flows arising from
-3,764,540.76 -3,610,541.23
financing activities
IV. Influence on cash and cash
equivalents due to fluctuation in 20.17
exchange rate
V. Net increase of cash and cash
24,462.98 125,570.40
equivalents
Add: Balance of cash and cash
64,442.86 324,541.62
equivalents at the period -begin
VI. Balance of cash and cash
88,905.84 450,112.02
equivalents at the period -end
7. Consolidated Statement on Changes of Owners' Equity
Amount in this period
Unit: RMB
Amount in this period
Items Owners' equity attributable to the parent company Minority Total
Paid-u Capital Less: Reason Surplu Genera Retain Others ’s equity owners’
46
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
p reserve Treasu able s l risk ed equity
capital s ry reserve reserve provisi profit
(Share Stock s on
capital
)
-54,43
I. Balance at the end of last 220,28 8,569,4 2,952, 24,015,7 201,381,
7,738.6
year 1,600 51.8 586.32 52.51 652.02
1
Add: Changes of
accounting policy
Error correction of the last
period
Others
-54,43
II. Balance at the 220,28 8,569,4 2,952, 24,015,7 201,381,
7,738.6
beginning of this year 1,600 51.8 586.32 52.51 652.02
1
III. Increase/ Decrease in -109,9 -8,637, -823,192 -9,570,49
this year (Decrease is listed
with'"-") 86.25 314.75 .47 3.47
-8,637, -1,483,1 -10,120,5
(i) Net profit
314.75 92.47 07.22
(ii) Other consolidated -109,9 -109,986.
income 86.25 25
-109,9 -8,637, -1,483,1 -10,230,4
Subtotal of (i)and (ii)
86.25 314.75 92.47 93.47
(III) Owners' devoted and
0 0 0 0 0 0 0 0 660,000 660,000
decreased capital
1. Owners' devoted capital 660,000 660,000
2. Amount calculated into
owners' equity paid in
shares
3. Others
(IV)Profit distribution 0 0 0 0 0 0 0 0 0 0
1. Withdrawal of surplus
reserves
2. Withdrawal of general
risk provisions
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward
0 0 0 0 0 0 0 0 0 0
internal owners' equity
1. Capital reserves
conversed to capital (share
capital)
2. Surplus reserves
conversed to capital (share
capital)
3. Remedying loss with
surplus reserve
47
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
4. Others
(VI) Reasonable reserve
1. Withdrawal in this
period
2. Usage in this period
(VII) Other
-63,07
IV. Balance at the end of 220,28 8,459,4 2,952, 23,192,5 191,811,1
5,053.3
the report period 1,600 65.55 586.32 60.04 58.55
6
Amount in last period
Unit: RMB
Amount in last period
Owners' equity attributable to the parent company
Paid-u
p Less: Surplu Genera Total
Items Capital Reason Retain Minority
capital Treasu s l risk owners’
reserve able ed Others ’s equity equity
(Share ry reserve provisi
s reserve profit
capital Stock s on
)
-56,59
I. Balance at the end of last 220,28 8,635,8 2,952, 24,523,2 199,797,
5,413.7
year 1,600 29.85 586.32 31.22 833.66
3
Add: retroactive
adjustment arising from
enterprise consolidation
under the same control
Add: Changes of
accounting policy
Error correction of the last
period
Others
-56,59
II. Balance at the 220,28 8,635,8 2,952, 24,523,2 199,797,
5,413.7
beginning of this year 1,600 29.85 586.32 31.22 833.66
3
III. Increase/ Decrease in -66,37 2,157,6 -507,478 1,583,81
this year (Decrease is listed
with'"-") 8.05 75.12 .71 8.36
2,157,6 -907,478 1,250,19
(i) Net profit
75.12 .71 6.41
(ii) Other consolidated -66,37 -66,378.0
income 8.05 5
-66,37 2,157,6 -907,478 1,183,81
Subtotal of (i)and (ii)
8.05 75.12 .71 8.36
(III) Owners' devoted and
0 0 0 0 0 0 0 0 400,000 400,000
decreased capital
1. Owners' devoted capital 400,000 400,000
48
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Amount calculated into
owners' equity paid in
shares
3. Others
(IV)Profit distribution 0 0 0 0 0 0 0 0 0 0
1. Withdrawal of surplus
reserves
2. Withdrawal of general
risk provisions
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward
0 0 0 0 0 0 0 0 0 0
internal owners' equity
1. Capital reserves
conversed to capital (share
capital)
2. Surplus reserves
conversed to capital (share
capital)
3. Remedying loss with
surplus reserve
4. Others
(VI) Reasonable reserve
1.Withdrawal in this period
2.Usage in this period
(VII) Other
-54,43
IV. Balance at the end of 220,28 8,569,4 2,952, 24,015,7 201,381,
7,738.6
the report period 1,600 51.8 586.32 52.51 652.02
1
8. Statement on Changes of Owners' Equity of Parent Company
Amount in this period
Unit: RMB
Amount in this period
Paid-up
Item Less: General Total
capital Capital Reasonab Surplus Retained
Treasury risk owners’
(Share reserves le reserve reserves profit
Stock reserve equity
capital)
I. Balance at the end of last 220,281, 5,376,02 2,952,58 -102,619, 125,990,
year 600 8.52 6.32 271.11 943.73
Add: Changes of accounting
policy
Error correction of the last
period
Others
II. Balance at the beginning 220,281, 5,376,02 2,952,58 -102,619, 125,990,
of this year 600 8.52 6.32 271.11 943.73
III. Increase/ Decrease in -109,986. -9,100,24 -9,210,23
49
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
this year (Decrease is listed 25 7.37 3.62
with'"-")
-9,100,24 -9,100,24
(i) Net profit
7.37 7.37
(ii) Other consolidated -109,986. -109,986.
income 25 25
-109,986. -9,100,24 -9,210,23
Subtotal of (i)and (ii)
25 7.37 3.62
(III) Owners' devoted and
0 0 0 0 0 0 0 0
decreased capital
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in
shares
3. Others
(IV) Profit distribution 0 0 0 0 0 0 0 0
1. Withdrawal of surplus
reserves
2. Withdrawal of general
risk reserve
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward
0 0 0 0 0 0 0 0
internal owners' equity
1. Capital reserves
conversed to capital (share
capital)
2. Surplus reserves
conversed to capital (share
capital)
3. Remedying loss with
surplus reserves
4. Others
(VI) Reasonable reserve
1. Withdrawal in this
period
2. Usage in this period
(VII) Other
IV. Balance at the end of the 220,281, 5,266,04 2,952,58 -111,719, 116,780,7
report period 600 2.27 6.32 518.48 10.11
Amount in last year
Unit: RMB
Amount in last year
Paid-up
Less: General Total
Item capital Capital Reasonab Surplus Retained
Treasury risk owners’
(Share reserves le reserve reserves profit
Stock reserve equity
capital)
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
I. Balance at the end of last 220,281, 5,442,40 2,952,58 -103,250, 125,425,
year 600 6.57 6.32 699.73 893.16
Add: Changes of accounting
policy
Error correction of the last
period
Others
II. Balance at the beginning 220,281, 5,442,40 2,952,58 -103,250, 125,425,
of this year 600 6.57 6.32 699.73 893.16
III. Increase/ Decrease in -66,378.0 631,428. 565,050.
this year (Decrease is listed
with'"-") 5 62 57
631,428. 631,428.
(i) Net profit
62 62
(ii) Other consolidated -66,378.0 -66,378.0
income 5 5
-66,378.0 631,428. 565,050.
Subtotal of (i)and (ii)
5 62 57
(III) Owners' devoted and
0 0 0 0 0 0 0 0
decreased capital
1. Owners' devoted capital
2. Amount calculated into
owners' equity paid in shares
3. Others
(IV) Profit distribution 0 0 0 0 0 0 0 0
1. Withdrawal of surplus
reserves
3. Withdrawal of general
risk reserve
3. Distribution for owners
(shareholders)
4. Others
(V) Carrying forward
0 0 0 0 0 0 0 0
internal owners' equity
1. Capital reserves
conversed to capital (share
capital)
2. Surplus reserves
conversed to capital (share
capital)
3. Remedying loss with
surplus reserves
4. Others
(VI) Reasonable reserve
3. Withdrawal in this
period
4. Usage in this period
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(VII) Other
IV. Balance at the end of the 220,281, 5,376,02 2,952,58 -102,619, 125,990,
report period 600 8.52 6.32 271.11 943.73
(III) Basic information
(I) Company Profiles
Shenzhen Tellus Machinery Co. Limited is a state-owned enterprise, established in Shenzhen in the
People’s Republic of China (the PRC) On 11 December 1992; the Shenzhen Municipal People’s
Government approved the reorganization of Shenzhen Tellus Machinery Co. Ltd. to become a public
limited company. Shenzhen Tellus Machinery Co. Ltd. was renamed Shenzhen Tellus Holding Company
Limited (hereinafter referred to as “the Company”) on 30 June 1994, with approval by the Shenzhen
Administration for Industry and commerce. The company respectively obtained the approval certificates
“Shen Zhen Ban Fu (1993) No. 34” and “Shen Zhen Shi Zi (1993) No. 22”from the Shenzhen Stock
Management Office and Shenzhen Stock Exchange in June 1993.
On 31 March 1997, with the approval of Shenzhen Municipal People’s Government “Shen Fu Han (1997)
No.19” and China Security Regulatory Commission “Zhen Jian Han (1997) No.5”, Shenzhen Investment
Administrative Company transferred its 159,588,000 shares to Shenzhen Te Fa (Group) Company
Company Limited (hereinafter referred to as “the Te Fa Group”). The shares transferred represent
72.45% of the total issued shares of the Company. In order to circulate all the non-negotiable shares in the
A share market, the Te Fa Group, as the one and only shareholder of non-negotiable shares in the Company,
gave 13,717,440 shares to the holders of tradable shares of the company in the A share market(Per 10
tradable shares for 4 shares). The transferring was finished on 04 January 2006. After the split-share
reform was completed, The SDG holds 66.22% of the shares capital of the Company.
The Company has Business License for Legal Person Numbered 440301103017750.
(II) Industry, Business Scope, main products or service
The company and its subsidiaries provided automobile overall services, including automobile retailing,
inspection and maintenance, production of inspection equipment, property lease and property management
service, etc.
With the approval by Shenzhen Administration for Industry and Commerce, the Company’s business scope
includes investment (specific projects needs application); develop and operate the real estate business on
the land with usage rights; rental and management for the owned property; warehouse and transportation,
mechanical accessory processing, mechanical equipment installation, mainland commerce, goods and
materials business, (Government monopolistic goods and materials are not included.), import and export
business of internal production materials and accessories.
Import and export business complies with the approval certificate (Shen Mao Guan Zheng Zi No.098).
During the period reported, there was no change in the main operating business.
(IV) Accounting Policies, Accounting Estimates and Errors of previous term
1. Basis Preparation of the Financial Statements
The Company continues to operate as a going concern. These financial statements have been prepared on
an accrual basis, according to the actual transactions and events.
2. Statement of Compliance with the Accounting Standards for Business Enterprises
The financial statements of the Company for the semi-annual of 2012 are in conformity with the
requirements of the Accounting Standard for Business Enterprises(2006) issued by Ministry of Finance
R.R.C, and present fairly, in all material respects, the financial position, the results of operations, the cash
flows and other relevant information of the Company.
The interim financial statements of the Company for 2012 complied both with the disclosure requirements
concerning financial statements and notes thereof of the Rule 15 of Preparation for Information Disclosure
of Company Issuing Securities Publically – General Rules for Financial Report (amended in 2010) and the
Rule 9 of Preparation for Information Disclosure of Company Issuing Securities Publically – Calculation
and Disclosure of Net Equity Return and Earnings per Share (amended in 2010).
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
3. Fiscal period
The accounting year of the company is from 1 January to 31 December of the Gregorian calendar year.
4. Currency used in book-keeping
The Company’s reporting currency is the RMB Yuan.
Book-keeping currency for oversea subsidiary
Nil
5. Accounting treatment of the merging entities under common control and different control
(1) Merger of entities under common control
Both before and after the merger, the enterprises are under common control of sole party or several parties,
and the controlling power is by no means temporary, it is regarded as merger of enterprise under common
control. Assets and liabilities obtained by the merging party are calculated at their book value with the
merged parties at the merger day. The differences between the book value of net assets and the book value
of consideration price (or the total of face value of share issued) are adjusted to the share capital premium
under the capital reserves. If the share capital premium is not enough to neutralize the difference, it will be
adjusted to the retained gains.
Direct expenses occurred to the merging party including auditing expenses, assessment expenses; law
service expenses etc. for the merger are accounted into current gains and losses account when occurred.
The issued bonds for the merger or handling charge, commission etc. of the bearing of other debts are
accounted into the initial measured amount of issued bonds and other debts account. The handling charge,
commission etc. of issued equity securities for the merger, abated the income of equity securities premium.
If the premium income is not enough for abatement, it will be abated to the retained gains. The
consolidation day is the date when the controlling power over the merged parties is practically obtained by
the merging party.
(2) Merger of entities under different control
When the enterprises participated in the merger are not under controlling of the same party or group of
parties, either before or after the merger, the merger is regarded as merger of enterprises under different
control. The merger cost paid by buying party is the fair value of cash or non-cash assets, liability occurred
or undertaken, or equity instrument issued thereof, on the day of purchasing to obtain power of control
over the bought party, and those sum of expenses directly related to the merger. The difference between
non-cash assets and its book value will be accounted into current gains and losses account.
When the merger cost is greater than the share of fair value of recognizable net asset of the bought parties,
the balance is recognized as goodwill; when the merger cost is lower than the share of fair value of
recognizable net asset of the bought enterprise, revising will firstly be done on the merger cost and fair
value of each recognizable assets, liabilities, and contingent liabilities of the bought party, and if the
merger cost is still lower than the share of fair value of recognizable net asset of the bought enterprise, the
balance will be accounted into current gains and loss account.
As for the business combination not under common control, the agent fees arising from audit, legal
services and appraisal consultation and other related management expenses occurred by acquirer for such
combination shall be recognized in current gains and losses when occurred; the equity securities issued by
acquirer as combination consideration or transactional expenses for debt securities were included in the
initial recognization of equity securities or debt securities.
The purchasing day is the date when the controlling power over the bought parties is practically obtained
by the buying party. The buying party allocated the merger cost at the purchasing day for the confirmation
of various recognizable assets, liabilities or contingent liabilities obtained from bought parties.
Merger of business treated as the same method.
6. Preparing method of consolidated financial statements
(1) Preparing method of consolidated financial statements
The range of consolidated financial statement consisted of the Company and its subsidiaries. Controlling
power means the Company has the ability to decide the financial and operation issued of another firm and
can obtain profit from the firm’s business operation.
Subsidiaries added as merger of enterprises under common control, while preparing consolidated financial
statement, regarded as the merged subsidiaries that controlled by Company’s final controller at the
beginning of controlling. Therefore, the operation result from the beginning of controlling by final
controller of the Company demonstrated in the consolidated income statement and the comparison amount
in the consolidated financial statement shall be adjusted accordingly.
Subsidiaries added as merger of enterprises under different control, while preparing the current
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
consolidated financial statement, adjusted subsidiary’s financial statement on the basis of various
recognizable assets and fair value of liabilities recognized at the day of purchasing. Their assets, liabilities
and operation results after the purchased day have been demonstrated in the consolidated financial
statement, and the initial amount and comparison amount of the consolidated financial statement will not
be adjusted.
Those minor shareholders’ equity and minor shareholders’ gains and losses in subsidiaries are
demonstrated respectively under the shareholders’ equity items in the consolidated balance sheet and net
profit items in the consolidated income statement.
If the current losses attributable to minority shareholders of subsidiaries exceeded their share of the
beginning owner’s equity in such subsidiary, the difference was used to offset the minority interests.
Concerning the different accounting periods or accounting policies of the subsidiaries, necessary
adjustment have been made to the financial statement of subsidiaries accord with the Company’s
accounting periods or accounting policies while consolidating the financial statement. Major trades of the
Company in merge have been neutralized when consolidated, internal realized profit and current balance
included.
(2)Disclosure of related accounting method for buy-and-resell or sell-and-repurchase of equities in the
same subsidiary within two successive accounting years
Nil
7. Determination criteria of cash and cash equivalent
Cash refers to the inventory cash of the Company and the deposit available for payment anytime. Cash
equivalents represent short-term, highly liquid investments, which are readily convertible into known
amounts of cash and are subject to an insignificant risk of change in value.
8. Foreign currency business and the conversion of foreign currency statement
(1) Foreign currency transaction
The foreign currency transactions will be accounted to Renminbi that translated with the spot exchange
rate on the date of transaction occurred.
At the balance sheet day, monetary items in foreign currency translated to Renminbi at the instant
exchange rate of that day, the occurred exchange differences are accounted into current gains and losses,
except for the exchange difference of special foreign currency borrowing satisfying the conditions of
capitalization, which is capitalized and accounted into cost of related assts. Non-monetary items in
foreign currency and measured with historical costs are still measured at standard currency with exchange
rate of the day when the transaction is happened.
(2) Translation of foreign currency statement
Assets and liability items of overseas business operation in the balance sheet are translated at the spot
exchange rate of balance sheet date; shareholders’ equity except for retained profits is translated at the spot
exchange rate of the day when they happened. Income and expenses items of overseas business operation
in the income statement are translated at the spot exchange rate of the date when the trades happened. The
difference amount of foreign currency statement translation is demonstrated under shareholders’ equity
items in the balance sheet. The cash flow items of overseas business operation are translated on the spot
exchange rate of the day when the cash flow was happened. The influences of fluctuation of exchange rate
on cash will be demonstrated in the cash flow statement.
9. Financial instruments
(1) Classification of financial instruments
Classification of financial assets and financial liabilities
The initial Recognition of financial assets and financial liabilities are divided into the following s: the
financial assets or financial liabilities that measured at fair values and whose variations are included into
the current gains and losses; held-to-maturity investments; loans and accounts receivable; financial assets
available for sale and other financial liabilities.
(2) Recognition basis and measurement method for fianncial instruments
Recognition of financial assts and financial liabilities
The recognition of financial assets is the process of counted the items that meet the definition of financial
assets and the recognition condition of financial assets into balance sheet. And the recognition of financial
liabilities is the process of counted the items that meet the definition of financial liabilities and the
recognition condition of financial liabilities into balance sheet.
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Measurement of financial assets and financial liabilities
In initial recognition, the financial assets and financial liabilities are base on the fair value. Concerning the
financial assets or financial liabilities that measured at fair value and whose variations are included into the
current gains and losses, the relevant transaction expenses directly included in current gains and losses;
concerning the other types of financial assets or financial liabilities, the relevant transaction expenses
counted as the initial recognition amount.
The financial assets and financial liabilities shall be follow-up measured based on fair value excluding the
loans and account receivable, investment held-to-maturity and other financial liabilities. Other financial
liabilities shall be follow-up measured based on the effective-interest method by cost amortizing.
The gains and losses from the change of financial assets or financial liabilities measured by fair value and
with variations accounted into current gains and losses account shall be accounted into current gains and
losses.
The gains/losses arising from the fair value change of financial assets available for sale, except the
exchange difference arising from depreciation losses and foreign currency monetary financial assets,
directly accounted into capital reserves. Transfer the gains/losses while determined the financial assets
recognition, accounted into current gains/losses.
The exchange differences from salable foreign currency monetary financial assets shall accounted into
current gains/losses. The interest of salable financial assets calculated based on effective-interest method
shall accounted into current gains/losses. The cash dividend of salable investment of equity instrument
shall account into current gains/losses when the invested company declares to issuing the dividend.
Concerning the financial assets or financial liabilities calculated based on amortized cost, if there has
gains/losses from depreciation, amortizing or recognizing termination, then shall accounted into current
gains/losses.
(3) Recognition basis and measurement method for transfer of fianncial assets
Nil
(4) Recognition condition for termination of financial liability
Termination of financial assets and financial liabilities
Terminated recognition of financial assets means written-off the financial assets from Company’s account
and balance sheet. When the contract of receiving financial assets’ cash flow have been terminated or the
financial assets have been transfer and meets the terminated recognition of requirements of Enterprise
Accounting Standard No23—Transfer of Financial Assets, the financial assets terminated recognized.
Terminated recognition of financial liabilities means written-off the financial liabilities from Company’s
account and balance sheet. Recognized a financial liabilities or partial financial liabilities terminated when
the financial liabilities is wholly or partially terminated.
(5) Deciding of fair value of financial assets and financial liabilities
Deciding of fair value of financial assets and financial liabilities
(1) When there is an active market for the financial instrument, the value quoted at the active market is
adopted to determine the fair value;
(2) When there isn’t any active market, fair value will be recognized by evaluation techniques;
(3) Original obtained or derivative financial assets or undertaken financial liabilities, the fair value shall
base on the trading price in market.
(4) the financial instrument’s fair value determined by discount of future cash flows, use the discount rate
of market return of the materially same other financial instruments in contract clause or characteristic. If
the rate-listless short-term account receivable and the current value of account payable have small
difference to actual prices, measured based on the actual trading price.
(6) Impairment of financial assets (excluding account receivable)
Impairment of financial assets
Except for financial assets accounted at fair value and variation accounted into current gains and losses
account, the Company undertakes inspection on the book value of other financial assets at balance sheet
day, whenever particle evidence showing that impairment occurred with them, impairment provisions are
provided.
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(1) Investment in possession till expiration
Upon objective evidence recognized for impairment losses at balance sheet day, the difference between
book value at period-end and current value of predicted future cash flow are recognized as impairment that
accounted into current gains/losses.
(2) Financial assets available for sale
On balance sheet date, the Company analysis the impairment of financial assets available for sale, if the
fair value of financial assets available for sale changes turns dramatically down to over 50% of the initial
cost, or the down situation was predicted non-temporary and last more than 12 months after fully
considering, than the difference between current value of predicted future cash flows and book value shall
accounted into impairment provision.
When there is impairment of financial assets available for sale, transfer the accumulative losses recognized
as losses and accounted in to impairment provision.
(7)As for reclassification of un-matured held-to-maturity investments into financial assets available
for sale, please explain the holding purposes or references for change of ability
Nil
10. Recognition standards and accrual method for bad debt provision for accounts receivable
(1) Bad debt provision for accounts receivable with single major amount
The receivable accounts with large amount refers to the
receivable accounts over RMB 10 million; the other
Determine basis or amount standards for single significant amount
receivable accounts with large amount refers to the other
receivable accounts over RMB 0.5 million.
The Company performs impairment test separately on
individual receivable accounts with large amount, if found
particle evidence on impairment. Concerning the impairment
withdrawal method for account with single significant amount and test of single major amount, if there has principal evidence
showing impairment, recognized losses according to the
withdrawal single item bad debt provision difference between current value of original actual discount
rate lowers its book value with the predicts future cash
flow(excluding the future credit loss) accounted into current
gains/losses.
(2) Accounts whose bad debts provision was accrued by combination
Methods on withdrawal of
Combination bad debt provision based on Basis for combination recognized
combination
age analysis Basis of category for age according to credit risk combination
In combination, accounts whose bad debts provision was accrued by age analysis:
√ applicable □ non-applicable
Account age Rate for receivables (%) Rate for other receivables (%)
Within 1 year (included) 0% 0%
1－2 years 5% 5%
2－3 years 20% 20%
Over 3 years 50% 50%
3－4 years 50% 50%
4－5 years 50% 50%
Over 5 years 50% 50%
In combination, withdrawal proportion of bad debt provision based on balance proportion:
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
□applicable √non-applicable
In combination, withdrawal proportion of bad debt provision based on other methods:
□applicable √non-applicable
(3) Accounts with single significant amount and bad debts provision accrued individually
Reasons for withdrawal single item bad debt provision:
The receivable accounts with large amount refers to the receivable accounts over RMB 10 million; the
other receivable accounts with large amount refers to the other receivable accounts over RMB 0.5 million.
withdrawal method for bad debt provision:
On balance sheet day, as for accounts with single significant amount and bad debts provision accrued
individually, the Company recognized losses according to the difference between current value of original
actual discount rate lowers its book value with the predicts future cash flow(excluding the future credit loss)
accounted into current gains/losses
11.Inventories
(1) Categorizing of inventory
Inventories are divided into raw materials, inventory products, consumption biological assets, products
and low-value consumable products etc.
(2) Calculation method of inventory
□ FIFO √ Weigthed Average □ Specific Identification □ Other
The various inventory’s purchase and storing calculated based on actual cost; Issuing inventories are
measures by weighted average method, low-value consumption and packages used the separated
amortizing method.
(3) Recognition basis of realizable net value of inventory and providing basis of inventory
impairment provision
Recognition of realizable net value of inventory that directly for selling including completed products,
commodity and sale-able materials, the amount of predicted sales prices less predicted sales expenses and
tax. Concerning the material inventories need for processing, the net realizable value is the amount of
predicted sales price less predicted cost at completion of construction, less predicted sales expenses and
tax.
The provisions of value decrease of inventories: on the balance sheet date, the provisions of value decrease
of inventories are recognized when the net reliable values of inventories are lower than its book values,
and are included in the current profits and losses. If the value of inventories is recovered in latter period,
the amount of write-down should be resumed and be reversed from the provisions of value decrease of
inventories that has been made. The reversed amount should be transferred to the current profits and losses.
While recognized the realizable net value of inventory, based on the value price that have been estimated
by reliable evidence obtained balance sheet date, considering the purpose of inventory, the fluctuation
between the date of balance sheet and the date of disclosure, if there has principal evidence showing new
or more evidence towards inventory at balance sheet date, counted as adjustment item; Otherwise, counted
as non-adjustment item.
(4) Inventory system
√Perpetual Inventory System □ Periodic Inventroy System □ Other
Inventory system is the perpetual inventory system.
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(5) Amortization of low-value consumables and wrappage
low-value consumables
Amortization Method: Divide second amortize method
wrappage
Amortization Method: Divide second amortize method
12.Long-term equity investment
(1) Recognition of initial investment cost
Category of long-term equity investment
Long-term equity investments are: long-term equity investments on subsidiaries, long-term equity
investments on joint enterprises, long-term equity investments on associated enterprises, long-term equity
investments on enterprises with little control and influence which is not quoted in the principle market and
whose fair value cannot be reliably measured (hereinafter referred to as "other long-term equity
investments").
Recognition of initial investment cost for long-term equity investment
(1) Long-term equity investment formed by corporate merger
For the long-term equity investment formed by corporate merger, if it is the long-term equity investment
obtained from the corporate merger under the same control, the share of book value of owner’s equity on
the merger date shall be taken as the initial investment cost, the difference between the initial investment
cost of long-term equity investment and book value of compensatory payment rate shall be adjusted to the
share capital premium under the capital reserves; if the share capital premium is not enough to neutralize
the difference, it will be adjusted to the retained gains. Directed expenses from corporate merger will
accounted into current gains and losses account when it happened.
As for long-term equity investment in subsidiaries formed from business combination not under common
control, fair value of the assets provided, liabilities occurred or assumed and equity securities issued by
acquirer for exchange of control over the acquiree was recognized as the investment costs of the long-term
equity investment , and the agent fees arising from audit, legal services and appraisal consultation and
other related management expenses occurred by acquirer for such combination shall be recognized in
current gains and losses when occurred
(2) long-term investment obtained from other methods
The long-term equity investment obtained by cash payment shall take the actual amount of payment as
initial investment cost. The initial cost consists of the expenses directly relevant to the obtainment of the
long-term equity investment, taxes and other necessary expenses. But the cash dividends in purchase
payment, which is declared but not yet received, shall be included in a separate account receivable.
The long-term equity investment obtained from issuing the equity bonds shall taken the fair value of
issued equity bonds as initial investment cost. The initial cost of a long-term equity investment obtained by
issuing equity securities shall be recognized at the fair values of the issued equity securities.
The initial cost of a long-term equity investment of an investor shall be recognized at the contractual value,
except the contractual value is unfair.
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
If a long-term investment is obtained by the exchange of non-monetary assets, the transaction possesses
commercial nature and the fair values of assets received or surrendered can be measured reliably, the
initial cost of the long-term equity investment shall be recognized at the fair values of assets surrendered
and the relevant expenses. The balance of fair values and the book values of assets received is included in
the current profits and losses.
If the long-term equity investment is obtained by liabilities restructuring, the initial cost of the long-term
equity investment shall be recognized by the fair values of equity. The balance of the initial cost of
long-term equity investment and book value of claim is included in the current profits and losses.
(2) Subsequent measurement and recognition of gains/losses
Subsequent measurement of a long-term equity investment
For a long term equity investment on the subsidiaries, the Company shall be accounted by the cost method
as prescribed by these Standards, and shall make an adjustment by the equity method when it works out
consolidated financial statements. The following long-term equity investments of the joint venture and
associated enterprises shall be measured by the equity method.
Recognition of gains/losses of long-term equity investment
The value of a long-term equity investment measured by the cost method shall be recognized at its initial
investment cost. The cash dividend or profit enjoyed by invested enterprise that have been announced by
investment enterprise shall be recognized as investment income, excluding the actual payment amount of
investment while obtaining the investment or the cash dividend or profit that have been announced but
have not distributed obtained in the consideration.
Long-term equity investment calculated based on equity method, recognized investment income as well as
adjusted the book value of long-term equity investment based on the fair value of recognizable assets of
invested enterprises while obtaining the investment. According to the distribution profit or cash dividends
that has been announced, calculating the receivable part, decreasing the book value of long-term equity
investment correspondingly. Concerning other owners’ equity changes of invested enterprises except the
net gains/losses, adjusted the book value of long-term equity investment and accounted into owners’
equity.
When disposing a long-term equity investment, the difference between its book value and the actual
purchase price shall be included in the current profits and losses. For the long-term equity investment
measured by the equity method, any variations other than the changes of net profits and losses of the
investee are included in the owner's equity. The amount of previous long-term equity investment included
in the owner's equity shall be transferred to the current profits and losses in a certain proportion.
(3) Basis of deciding the common control and major influence on the invested enterprise
1 )recognition of invested enterprise with common control
Common controlling means controlling the economic activities jointly according to the contract’s
regulations. All joint parties made out a investment contract or Agreement that concerning the significant
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
finance and operation strategy-making, all joint parties consent the significant finance and operation
strategy-making for approving.
2)Basis of deciding the major influence
Major influence refers to the right of decision-making for an enterprise’s finance and operational strategy.
Therefore, it can not be controlled or controlled with other parties on these strategy making. Generally, if
the Company directly/indirectly holds over 20% but lower than 50% voting shares of the invested
enterprises though its subsidiaries, shall recognized as major influence on invested enterprises.
(4) Impairment test method and withdrwal method of impairment provision
Impairment testing is performed on the long-term equity investment at each balance sheet date. In case of
there is evidence in subsidiaries, joint venture and associated enterprises showing impairment has occurred,
the recoverable amount shall be assessed. If the recoverable amount is lower than the book value, the
impairment provision shall be provided and accounted into current gains and losses and impairment
provision of long-term equity investment. When impairment has occurred in other equity investment,
market return of similar financial assets towards the confirmed current value and the book value of
investment, their difference shall be recognized as impairment losses that accounted into current
gains/losses. Once the impairment loss of a long-term equity investment is recognized, it shall not be
written back in subsequent periods.
13. Investment real estate
1). Category of investment real estate
Investment real estate divided into rented land use rights, land use right which are held and prepared for
transfer after appreciation and the rented buildings.
2). Measurement of investment real estate
Investment real estate is measured according to the initial cost; the Company adopts the cost model to have
follow-up measurements of the investment real estate. In which the depreciation method and impairment
provision recognition of a building shares the same method with fixed assets’ calculation, the amortizing
method of land use right and impairment provision recognition shares the same method with intangible
assets’ calculation.
14. Fixed assets
(1)Recognition of fixed assets
1)the economic profit of fixed assets that probably inflow into the Company;
2)cost of this fixed assets can measured reliability.
(2) Basis of deciding the fixed assets from financing rental and its calculation
The financing rental fixed assets recognizable for the following one or more standards:
1)Ownership of the rental fixed assets has transfer to lessee at the expiry of renting.
2)The lessee has the option to purchase rental fixed assets, the decision purchase price predicted lower
than the fair value of rental fixed assets with option rights, therefore, at the begging of lease, reasonably
recognized that the lessee will use the option rights.
3) though the ownership are not transfer, the time of rental occupied most of the proportion of use life of a
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
rental assets.
4) The minimum rental payment current value of the lessee at lease date almost equals to the fair value of
rental fixed assets at lease date; the minimum rental amount received current value of the lesser at lease
date equals to the fair value of rental fixed assets at lease date.
5) The rental fixed assets have specific natures, only the lessee can use without making greater changes.
At the beginning of leasing, takes the lower ones between fair values of rental fixed assets and minimum
rental payment amount as the accounting value for fixed assets rental, the minimum rental payment as the
accounting value of a long-term payable, their difference recognized as uncertain financing expenses. The
initial directly expenses attributable to rental fixed assets occurred in the leasing negotiation and in the
process of signing lease contract shall be accounted into value of rental fixed assts.
While calculating the current value of minimum rental payment, if the interest rate implicit in the lease of
the lesser available, the discount rate will be the interest rate implicit in the lease; otherwise, the discount
rate will be adopted by the lease contract that have been regulated. If unavailable for the interest rate
implicit in the lease and there is no rate regulated in lease contract, the discount rate will adopt the loan
rate from the bank at the same period. Uncertain financing expenses adopt the actual rate for amortizing in
every period of leasing.
The depreciation of rental fixed assets will share the same policy with self-owned depreciable fixed assets.
If the ownership of rental fixed assets can reasonable recognized, accruing the depreciation in the use life
of this rental fixed assets. Otherwise, take the shorter time between them for accruing depreciation.
Contingent rent accounted into current gains/losses when it happened actually.
(3) Depreciation of various fixed assets
Depreciations on fixed assets shall be accounted by using the method of average life length, the service
life of fixed assets, expected net residual value and the year depreciation rate are as follows:
Categories Depreciation age(year) Salvage value rate (%) Annual depreciation ratio (%)
35 3 2.77
Houses & buildings
12 3 8.08
equipment and machinery
7 3 13.86
electronic equipment
7 3 13.86
transportation equipment
other equipments 7 3 13.86
Fixed assts rent-in by financing: -- -- --
Including: Houses & buildings
equipment and machinery
electronic equipment
transportation equipment
other equipments
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(4) Impairment test on fixed asset and providing of impairment provision
Impairment testing is performed on fixed assets at each balance sheet day. When evidence showing that
impairment has occurred, the recoverable value shall be assessed. The recoverable value of an asset is
determined by the higher value between the net amounts of fair value of fixed assets minus disposal
expenses and the current value of predicted future cash flow of fixed assets. If the recoverable value of an
asset is lower than its book value, the balance shall be provided for impairment provision and accounted
into current income account. Once fixed asset impairment is recognized, it shall not be written back in
subsequent fiscal periods.
(5) Other explanation
Subsequent expenditures of fixed assets
Subsequent expenditures of fixed assets refer to the expenditures and fitting fees in the process of renewal
during the use life of a fixed asset. If the subsequent expenditures of fixed assets comply with the
requirements of fixed assets, they should be accounted into cost of fixed assets, at the mean time deducted
the book value of the replaced part; if not comply with the requirement, accounted into current gains and
losses.
15. Construction-in-progress
(1) Classifiacation of construction in progress
The construction-in-progress divided into pre-construction preparation, engineering in progress, setting
engineering, technology reformed engineering and overhaul engineering etc. and the cost of construction in
process is determined at practical construction expenditures.
(2) Standards and time while construction in progress transfer to fixed assets
The construction will be transferred to fixed asset with relative expenses occurred as soon as the
construction reaches the useful status.
(3) Method of impairment testing and impairment provision for construction in progress
At the balance sheet date, as to construction in process which is long-term suspended and will not be
re-started in three years, its loss accounted into Construction-in-progress impairment losses shall be
calculated by the variance between the recoverable amount and the book value.
16. Borrowing expenses
(1) Recognition principle of capitalizing of borrowing expenses
The borrowing expenses shall include interests on borrowings, amortization of discounts or premiums on
borrowings, ancillary expenses, and exchange balance on foreign currency borrowings. Where the
borrowing expenses incurred to an enterprise can be directly attributable to the acquisition and
construction or production of assets eligible for capitalization, it shall be capitalized and recorded into the
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
costs of relevant assets. Other borrowing expenses shall be recognized as expenses on the basis of the
actual amount incurred, and shall be recorded into the current profits and losses.
1.Conditions of capitalization
The borrowing costs shall not be capitalized unless they simultaneously meet the following requirements:
1) he asset disbursements have already incurred, which shall include the cash, transferred non-cash assets
or interest bearing debts paid for the acquisition and construction or production activities for preparing
assets eligible for capitalization;
2) The borrowing costs has already incurred; and
3) The acquisition and construction or production activities which are necessary to prepare the asset for its
intended use or sale have already started.
(2) Capitalization period
Nil
(3) Capitalize cost suspension
Where the acquisition and construction or production of a qualified fixed asset is interrupted abnormally
and the interruption period lasts for more than 3 months, the capitalization of the borrowing costs shall be
suspended. The borrowing costs incurred during such period shall be recognized as expenses, and shall be
recorded into the current profits and losses, till the acquisition and construction or production of the asset
restarts. If the interruption is a necessary step for making the qualified fixed asset under acquisition and
construction or production to be ready for the intended use or sale, the capitalization of the borrowing
costs shall continue.
(4) The calculation method of loan cost capitalization
the confirmation of capitalization amount
The loans for construction or production to meet the conditions of assets, the interest expense that actual
borrows currently minus the interest income which comes from the funds deposit in the bank or the
income comes from temporary investment.
The general borrowing for construction or production to meet the conditions of assets, the average of total
expenditures of assets and the borrowings which is exceeded by expenditures of assets and then multiply
by the capitalization rate which occupied by general borrowing. The amount of interest is capitalized by
the calculation of general borrowing. The capitalization rate is calculated and determined by the average
interest of general borrowing.
17. Biological assets
Nil
18. Oil/gas assets
Nil
19. intangible assets
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(1) Measurement of intangible assets
The intangible assets shall be initially measured according to its actual cost.
The cost of self-developed intangible assets shall include the total expenditures incurred during the period
from the time when it meets the provisions of certain standards to the time when the expected purposes of
use are realized.
(2) Service life estimation for intangible assets with limited service life
With regard to intangible assets with limited service life, its amortization amount shall be amortized within
its service life systematically and reasonably. If it is unable to determine the expected realization pattern
reliably, intangible assets shall be amortized by the straight-line method.
Item Service life expected Basis
(3) Determination basisi for intangible assets with uncertain service life
Intangible assets with uncertain service life may not be amortized.
(4) Withdrwal of impairment of intangible assets
Impairment tests should be conducted towards intangible assets and intangible assets reached no the useful
status with uncertain service life at the balance sheet day.
For intangible assets with limited life, at the balance sheet day, where any evidence shows that there is
possible assets impairment, the recoverable amount of the assets shall be estimated. If the recoverable
amount is lower than its carrying value, the carrying value of the asset shall be recorded down to the
recoverable amount, and the reduced amount shall be recognized as the losses of intangible asset
impairment and be recorded as the current profits and losses. Simultaneously, a provision for the asset
impairment shall be made accordingly.
Once any loss of asset impairment is recognized, it shall not be switched back in the future accounting
periods.
(5) Specific standards for classification of research stage and development for R&D projects in the
Company
Nil
(6) Calculation of expenditure for internal R&D projects
Nil
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
20. Amortization method of long-term prepaid expenses
Determine a reasonable benefit period for Long-term prepaid expenses, and amortize it according to its
average benefit period. Concerning the Long-term prepaid expenses with undetermined reasonable benefit
period shall amortize it according to its average benefit period of no longer than 10 years.
21. Assets transfer with repurchase condition attached
Inapplicable
22. Predicted debts
(1) Recognition standards for predicted debts
The obligation pertinent to contingencies shall be recognized as estimated debts when the following
conditions are satisfied simultaneously:
1) That obligation is a current obligation of the enterprise;
2) It is likely to cause any economic benefit to flow out of the enterprise as a result of performance of the
obligation; and
3) The amount of the obligation can be measured in a reliable way.
(2) Measurement method for predicted debts
The predicted debt use the optimum number needed in the current obligations of implement for initial
measurement. The discharge of predicted debts that needs wholly or partial predicts by the third party for
compensation, compensation amount considered as assets inclusively when recoverable basic confirmed.
The confirmed compensation amount should not exceed the book value of predicted debts.
If the obligation of a losses contract and undertaken reconstruction obligations meets the requirement of
the abovementioned conditions, recognized as predicted debts. Promise to selling partial business (namely
signed the agreement of restricting sales) shall be confirmed as reconstruction liability due to the
reconstructed.
23. Shares payment and equity instrument
Inapplicable
(1) Category of shares payment
(2) Recognition method for fair-value of equity instrument
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(3) Basis of best estimation for vesting equity instrument
(4) Relevant accounting treatment for implementation, amendment and termination of shaers
payment plan
24. Shares of the Company repurchased
Inapplicable
25. Income
(1) Detail judgement standards for recognition of selling goods revenue
1. No revenue from selling goods may be recognized unless the following conditions are met
simultaneously:
1.)The significant risks and rewards of ownership of the goods have been transferred to the buyer by the
enterprise;
2) The enterprise retains neither continuous management right that usually keeps relation with the
ownership nor effective control over the sold goods;
3) The relevant amount of revenue can be measured in a reliable way;
4) The relevant economic benefits may flow into the enterprise; and
5) The relevant costs incurred or to be incurred can be measured in a reliable way.
(2) Recognition of revenue of assets using right abalienation
No revenue from abalienating of right to use assets may be recognized unless the relevant economic
benefits are likely to flow into the enterprise. The amount of interest revenue should be measured and
confirmed in accordance with the length of time for which the enterprise's cash is used by others and the
actual interest rate. The amount of royalty revenue should be measured and confirmed in accordance with
the period and method of charging as stipulated in the relevant contract or agreement.
(3) Recognition basis and method of constucion progress completion while recognize revenue from
labor service providing and from construction contract by percentage of completion method
If an enterprise can, on the date of the balance sheet, reliably estimate the outcome of a transaction
concerning the labor services it provides, it shall recognize the revenue from providing services employing
the percentage of-completion method.
The company adopted the method which applied the proportion of the costs incurred against the estimated
total costs to measure the work completed.
If an enterprise can not, on the date of the balance sheet, measure the result of a transaction concerning the
providing of labor services in a reliable way, it shall be conducted in accordance with the following
circumstances, respectively: a. If the cost of labor services incurred is expected to be compensated, the
revenue from the providing of labor services shall be recognized in accordance with the amount of the cost
66
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
of labor services incurred, and the cost of labor services shall be carried forward at the same amount; or b.
If the cost of labor services incurred is not expected to compensate, the cost incurred should be included in
the current profits and losses, and no revenue from the providing of labor services may be recognized.
26. Government Subsidies
(1) Category
A government subsidy means the monetary or non-monetary assets obtained free by an enterprise from the
government, but excluding the capital invested by the government as the owner of the enterprise.
Government subsidies consist of the government subsidies pertinent to assets and government subsidies
pertinent to income.
(2) Accounting treatment
Asset-related government subsidies are recognized as deferred income and accounted into the successive
period’s non-operating income account since the relative assets reached the predicted useful status. The
relative assets have been sell-out, transfer, condemned or damaged before the useful life expire, the
un-neutralized balance of deferred income shall be accounted into non-operating income of current assets
disposal.
The government subsidies pertinent to incomes, which are used for compensating the related future
expenses or losses of the enterprise shall be recognized as deferred income and shall included in the
current non-operating income during the period when the relevant expenses are recognized while which
are used for compensating the related expenses or losses incurred to the enterprise shall be directly
included in the current non-operating income.
27. Deferred income tax assets and deferred income tax liabilities
(1) Recognition basisi for deferred income tax assets
Where there is any difference (temporary) between the carrying amount of an asset or liability and its tax
base, it shall be recognized as a deferred income tax liability or deferred income tax asset according to the
present Standards. At the balance sheet date, the deferred income tax assets and deferred income tax
liabilities shall be measured at the tax rate applicable to the period during which the assets are expected to
be recovered or the liabilities are expected to be settled
As for any deductible loss or tax deduction that can be carried forward to the next year, the corresponding
deferred income tax assets shall be determined to the extent that the amount of future taxable income to be
offset by the deductible loss or tax deduction to be likely obtained.
For those deductible provisional differences related to investments in subsidiaries, joint ventures and
affiliated enterprises, if these provisional differences may be written back in an expectable future and may
obtained taxable income used to deduct provisional differences in future possibly, are recognized as
relative deferred income tax assets.
Those tax deductions which can be used to deduct losses and can be carried on to future years, to the
extend of the amount of taxable income used to deduct the deducible losses and deductible tax which can
possibly be obtained, are recognized as corresponding deferred income tax assets.
67
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(2) Recognition basisi for deferred income tax liability
Where there is any difference (temporary) between the carrying amount of an asset or liability and its tax
base, it shall be recognized as a deferred income tax liability or deferred income tax asset according to the
present Standards. At the balance sheet date, the deferred income tax assets and deferred income tax
liabilities shall be measured at the tax rate applicable to the period during which the assets are expected to
be recovered or the liabilities are expected to be settled
For those taxable provisional differences related to investments in subsidiaries, joint ventures and affiliated
enterprises, if the Company is able to control the writing back time of the provisional differences, and
these provisional differences may neither be written back in an expectable future, are not recognized as
relative deferred income tax liabilities.
28. Operation leasing, financing leasing
(1) Accounting treatment of operation leasing
Nil
(2) Accounting treatment of financing leasing
Nil
29. Assets held for sales
(1) Recognition of assets held for sales
Nil
(2) Accounting treatment of assets held for sales
Nil
30. Assets securitization
Nil
31. Hedge accounting
Nil
32. Changes of major accounting policies and accounting estimation
68
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Whether there have changes of major accounting policies and accounting estimation in report period or not
□ Yes √ No
(1) Changes in accounting policies
Whether has changes in accounting policies in report period
□ Yes √ No
(2) Changes in accounting estimates
Whether has changes in accounting estimates in report period
□ Yes √ No
33. Error correction of previous accounting
Whether has error correction of previous accounting occurred in this period
□ Yes √ No
(1) Retrospective Restatement
Is there has errors of previsou accounting adopt retrospective restatement in this period
□ Yes √ No
(2) Prospective Application
Is there has errors of previsou accounting adopt retrospective restatement in this period
□ Yes √ No
34. Other major accounting policy, accounting estimation and preparation method for financial
statement
Nil
(V) Taxations
1. The types of tax applicable to the Company, and their tax rates
Type Tax base Rate
Sales volume of commodity sales; labor
VAT 17
service providing
Consumption tax
Operation tax Operation turnover 5
City maintaining & construction tax Taxable turnover 7
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Corporation income tax Taxable income 25
Education surcharge Taxable turnover 3
Local education surcharge Taxable turnover 2
The income tax rates applicable to each branch company or plant
Except for Shenzhen Dongchang Yongtong Motor Vehicles Inspection Co., Ltd. and Shenzhen New Yongtong Dongxiao
Motor Inspection Co., Ltd. which were applicable to ratified tax rates, the Company and its subsidiaries were subject to the
income tax rate of 25% in 2012.
2. Tax preference and approvals
Nil
3. other explanation
Nil
(VI) Enterprise consolidation and consolidated financial statements
General explanation for enterprise consolidation and consolidated financial statement:
1. Subsidiary
70
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(1) Subsidiary obtained by establishment or investment
Unit: RMB
The balance
after the
parent
company’s
owner’s
equity
writing
down the
excess of
Amount in
the current
Balance of minority
loss
other items interest
Voting Statements undertaken
Investment materially Holding Minority used for
Registration Business Registered right combined by minority
Name Type Currency Business scope amount actual forming proportion interest writing
place nature capital proportion or not shareholders
at period-end net (%) down
(%) of the
investment minority
subsidiary
to gain and
over the
subsidiary loss
share
enjoyed by
minority
shareholders
in the
original
owner’s
equity of the
subsidiary
Shenzhen
Tellus
Xinyongtong Inspection and
Automobile Wholly-owned Service
Shenzhen 32,900,000.00 CNY maintenance of 57,670,000.00 0.00 100% 100% Yes
Development subsidiary industry
Co. Ltd auto vehicle
(The
Xinyongtong)
Shenzhen SD
Wholly-owned Service
Tellus Shenzhen 7,050,000.00 CNY Property 5,020,000.00 0.00 100% 100% Yes
subsidiary industry
Property
71
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Management management
Co. Ltd
(The Tellus
Property)
Shenzhen SD
Tellus Real
Development
Estate Co. Wholly-owned
Shenzhen Manufacture 31,150,000.00 CNY and operation 31,150,000.00 0.00 100% 100% Yes
Ltd subsidiary
of real estate
(The Real
Estate)
Shenzhen
Tellus Real
Estate Agency of real
Wholly-owned Service
Exchange Co. Shenzhen 2,000,000.00 CNY estate 2,000,000.00 0.00 100% 100% Yes
subsidiary industry
Ltd exchange
(The
Exchange)
Shenzhen
Xinyongtong Production of
Automobile
Inspection Controlling Service inspection
Shenzhen 19,610,000.00 CNY 10,000,000.00 0.00 51% 51% Yes 4,226,397.45 0.00 0.00
Equipment subsidiary industry equipment for
Co. Ltd
(The auto vehicles
Inspection)
Shenzhen
Fairmont
Yong Tong
Motor
Controlling Service Inspection of
Vehicle Shenzhen 1,500,000.00 CNY 1,430,000.00 0.00 95% 95% Yes -162,313.46 0.00 0.00
subsidiary industry auto vehicle
Inspection
Limited
(Fairmont
Detection)*
Shenzhen
Xinyongtong
Comprehensive
Dongxiao
inspection on
Auto Controlling Service
Shenzhen 1,500,000.00 CNY road 1,430,000.00 0.00 95% 95% Yes -51,292.62 0.00 0.00
Inspection subsidiary industry
transportation
Co.,
vehicle
Ltd(Dongxiao
Inspection) *
72
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen
Industrial,
Bao’an
domestic
Shiquan
Wholly-owned commerce and
Industrial Shenzhen Commerce 2,000,000.00 CNY 1,500,000.00 0.00 100% 100% Yes
subsidiary material
Co., Ltd
supply& sales
(Shiquan
industry
Company)*
Shenzhen
SDG Tellus
Real Estate Development
Wholly-owned
Huizhou Huizhou Manufacture 4,000,000.00 CNY and operation 3,090,000.00 0.00 100% 100% Yes
subsidiary
Company of real estate
(Huizhou
Company) *
Other explanation on subsidiary obtained by establishment or investment:
73
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(2) Subsidiaries acquired by business combination under the common control
Unit: RMB
Balance
between the
owners’equity
in parent
offsetting the
Amount current losses
Balance of attributable to
in
other items minority
minority
which sharehoders
Actual interest
actually Consolidated of
Name of Type of Registered Business Registered investment Holding Voting Minority available
Currency Business scope consititutes statement subsidiaries
subsidiary subsidiary place nature capital amount at proportion% proportion% interests to offset
net Yes/No over the share
period-end minority
investment of beginning
gains
in owner’s
and
subsidairies euiqty in such
losses
subsidiaries
by the
minority
shareholders
Shenzhen
Automobile
Industry and
Trading Automobile and
Wholly-owned Business
Company Shenzhen 58,960,000.00 CNY accessories 126,250,000.00 100% 100% Yes
subsidiary industry
(The selling
Automobile
Industry
and Trading)
Shenzhen SD
Huari Automobile
Automobile Holding maintenance &
Service
EnterpriseCo. subsidiary Shenzhen 5,000,000.00 USD production and 19,220,000.00 60% 60% Yes 18,568,455.66
industry
sales of
Limited accessor
(The Hua Ri )
74
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen
Zhongtian
Industry Co. Wholly-owned Service
Shenzhen 7,250,000.00 CNY propertyLeasing 10,700,000.00 100% 100% Yes
Ltd subsidiary industry
(The
Zhongtian)
Shenzhen
Huari Toyota
Automobile Holding Business Automobile
Shenzhen 2,000,000.00 CNY 1,810,000.00 60% 60% Yes -387,375.53
Co. Ltd subsidiary industry selling
(The Huari
Toyota)
Huari Anxin
Automobile
Inspection Ltd Holding Service Automobile
Shenzhen 1,500,000.00 CNY 1,500,000.00 60% 60% Yes
in Shenzhen subsidiary industry inspection
(Anxing
Inspection)*
Shenzhen
Automotive
Motor vehicles
Industry
Wholly-owned Service and parts,
Supply Shenzhen 11,110,000.00 CNY 6,480,000.00 100% 100% Yes
subsidiary industry chemicals,
Corporation
instruments
(Supply
Company)*
GuangxiTellus Motor vehicles
Automobile Holding Service and parts,
Hezhou 5,000,000.00 CNY 600,000.00 60% 60% Yes 998,688.54
Service Co., subsidiary industry inspection and
Ltd. * leasing
Other explanation for subsidiaries acquired by business combination under the common control:
(3) Subsidiaries acquired by business combination not under the common control
Nil
Unit: RMB
Actual Balance of Consolidated Amount in Balance between the
Name of Type of Registered Business Registered Business Holding Voting Minority
subsidiary subsidiary place nature capital scope investment other items proportion% proportion% statement interests minority owners’equity in
amount at which actually Yes/No interest parent offsetting the
75
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
period-end consititutes available to current losses
net investment offset attributable to
in subsidairies minority minority sharehoders
gains and of subsidiaries over
losses the share of beginning
owner’s euiqty in such
subsidiaries by the
minority shareholders
Other explanation for subsidiaries acquired by business combination not under the common control:
76
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Special purposes entity or operation entity where controlling right is formed under entrusted
operation or leasing
□ Applicable √ Non-applicable
Other explanation for special purposes entity or operation entity where controlling right is formed
under entrusted operation or leasing:
Nil
3. Explanation for changes in consolidation scope
Explanation for changes in consolidation scope:
Nil
□ Applicable √ Non-applicable
4. Entities newly included in consolidate scope during the reporting period and entities ceasing to be
included in consolidate scope during the reporting period
Nil
Subsidiaries, special purposes entities, operation entity where controlling right is formed under
entrusted operation or leasing newly included in consolidation scope during the period
Unit: RMB
Name Net assets as at period-end Net profit for the period
Subsidiaries, special purposes entities, operation entity where controlling right is formed under
entrusted operation or leasing ceasing to be included in consolidation scope during the period
Unit: RMB
Net profit from the year-begin to
Name Net assets as at the disposal date
the disposal date
Other explanation on entities newly included in consolidation scope and entities ceasing to be
included in consolidation scope:
Nil
5. Business combination under the common control during the reporting period
Unit: RMB
Basis for Consolidated Consolidated
Consolidated net
determination of Actual controller income for the operating activities
profit from this
Party to be consolidated business under the common period from the cash flow from this
period to
combination under control period-begin to period to
consolidation date
the common control consolidation date consolidation date
Other explanation for business combination under the common control:
Nil
6. Business combination not under the common control during the reporting period
Unit: RMB
Party to be consolidated Amount of goodwill Calculation method for goodwill
Other explanation for business combination not under the common control:
Nil
7. Loss of subsidiaries due to disposal of equity interests without controlling rights during the
77
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
reporting period
Nil
Subsidiary Disposal date Recognition method for gains and losses
Other explanation for loss of subsidiaries due to disposal of equity interests without controlling rights
Nil
8. Counter purchase occurred during the reporting period
Calculation method for
goodwill recognized in
Basis for determination of Determination method for consolidation or recorded in
Backdoor
counter purchase consolidated costs current gains and losses
Other explanation for counter purchase:
Nil
9. Absorption consolidation occurred during the reporting period
Unit: RMB
Types of absorption consolidation Major assets consolidated Major liabilities consolidated
Absorption consolidation under
Item Amount Item Amount
common control
Absorption consolidation not under
Item Amount Item Amount
common control
Other explanation for absorption consolidation:
Nil
10. Translation exchange rates for items in major statements of overseas operating entities
Nil
(VII) Notes to major items in consolidated financial statements
1. Monetary capital
Unit: RMB
Amount at period-end Amount at period-beginning
Item Exchan Original Exchange
Original currency RMB conversion RMB conversion
ge rate currency rate
Cash: -- -- 208,811.76 -- -- 246,498.05
RMB -- -- 162,267.18 -- -- 194,395.63
HKD 25,099.2 0.8151 20,458.46 29,172.55 0.8107 23,650.19
USD 1,433 6.3249 9,063.58 1,433 6.3009 9,029.19
JPY 213,851 0.0796 17,022.54 239,494.94 0.0811 19,423.04
Bank deposits: -- -- 38,771,239.85 -- -- 55,679,936.81
RMB -- -- 38,771,239.85 -- -- 55,679,936.81
Other monetary capital: -- -- 816,150.25 -- -- 138.6
RMB -- -- 816,150.25 -- -- 138.6
Total -- -- 39,796,201.86 -- -- 55,926,573.46
Separate explanation is required for accounts with restricted application purposes, deposited overseas
and of potential recovery risks arising from pledge, mortgage or frozen:
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Nil
2. Transactional financial assets
(1) Transactional financial assets
Unit: RMB
Item Fair value as at period-end Fair value as at period-begin
Transactional debt investments
Transactional equity instrument investments
Financial assets designated at fair value through profit
and losses
Derivative financial assets
Hedge instruments
Others
Total 0 0
(2) realization of restricted transactional financial assets
Unit: RMB
Other significant restrictions on restriction
Item Amount as at period-end
conditions for sale or realization
(3) Explanation for hedge instruments and related hedge transactions
Nil
3. Notes receivables
(1) Classification of notes receivables
Unit: RMB
Types Amount at period-end Amount at period-begin
Total 0 0
(2) Notes receivables pledged at period-end
Unit: RMB
Issuer Issue date Expiring date Amount Notes
Total -- -- 0 --
Explanation:
Nil
(3)Transfer of notes to notes receivable due to the issuer’s impossibility to perform its obligations,
and unmatured notes endorsed to others by the Company as at the period-end
Unit: RMB
Issuer Issue date Expiring date Amount Notes
Total -- -- 0 --
Explanation:
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Nil
Unmatured notes endorsed to others by the Company
Unit: RMB
Issuer Issue date Expiring date Amount Notes
Total -- -- 0 --
Explanation:
Nil
Explanation for commercial acceptance notes discounted or pledged:
Nil
4. Dividend receivables
Unit: RMB
Items Amount at period-begin Increase in this period Decrease in this period Amount at period-end
Dividend receivables
0 0 0 0
aging within 1 year
Including:
Dividend receivables
0 0 0 0
aging over 1 year
Including: -- -- -- --
Total 0 0 0 0
Explanation:
Nil
5. Interests receivables
(1) Interests receivables
Unit: RMB
Items Amount at period-begin Increase in this period Decrease in this period Amount at period-end
Total 0 0 0 0
(2)Overdue interests
Unit: RMB
Loan provider Times overdue (days) Overdue interests
Total -- 0
(3)Explanation for interests receivables
6. Account receivables
80
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(1) classified by categories
Unit: RMB
Amount at period-end Amount at period-begin
Book balance Bad debt reserve Book balance Bad debt reserve
Categories
Proportion( Proportion( Proportion( Proportion(%
Amount Amount Amount Amount
%) %) %) )
Account receivable with
single significant amount 20,131,654. 20,131,654. 20,131,65 20,131,654.1
40.59% 100% 40.86% 100%
and withdrawal bad debt 12 12 4.12 2
provision separately
Account receivable of bad debt provision withdrawal by combination(Age)
12,041,470. 11,708,52
At book aging 24.28% 4,782,298.6 39.72% 23.77% 4,782,298.6 40.84%
22 3.54
12,041,470. 11,708,52
Subtotal of group 24.28% 4,782,298.6 39.72% 23.77% 4,782,298.6 40.84%
22 3.54
Account receivable with
single minor amount but 17,424,882. 17,424,882. 17,424,88 17,424,882.5
35.13% 100% 35.37% 100%
withdrawal bad debt 53 53 2.53 3
provision singelly
49,598,006. 42,338,835. 49,265,06 42,338,835.2
Total -- -- -- --
87 25 0.19 5
Explanation for category of account receivables:
Account receivable with single significant amount and withdrawal bad debt provision separately
√ Applicable □ Non-applicable
Unit: RMB
Contents of account receivables Book balance Bad debt provision Provision proportion Reason for provision
Account for cooperation development Recovery is subject
with Shenzhen Jinlu Industry and Trade 9,846,607 9,846,607 100% to significant
Company uncertainty
Expected to be
Goods payment of Guangdong Zhanjiang
4,060,329.44 4,060,329.44 100% unable to recover due
Samsung Automobile Co., Ltd.
to long aging
Land premium of Huizhou Jiandacheng Unlikely to be
2,021,657.7 2,021,657.7 100%
Daoqiao Engineering Company recoverable
Expected to be
Goods payment of Jiangling Automibole
1,191,059.98 1,191,059.98 100% unable to recover due
Manufacturer
to long aging
Expected to be
Goods payment of Guangdong Materials
1,862,000 1,862,000 100% unable to recover due
Group
to long aging
Expected to be
Goods payment of Yangjiang Automobile
1,150,000 1,150,000 100% unable to recover due
Trading Co., Ltd.
to long aging
Total 20,131,654.12 20,131,654.12 --
Account receivable provided for bad debt reserve under aging analysis method in the groups:
√ Applicable □ Non-applicable
Unit: RMB
Amount at period-end Amount at period-begin
Book balance Book balance
Aging
Proportion bad debt reserve Proportion bad debt reserve
Amount Amount
(%) (%)
within 1 year
Including: -- -- -- -- -- --
81
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Subtotal of within
785,995.04 6.53% 0 1,096,064.27 9.36% 0
1 year
1-2 years 1,112,185.47 9.24% 28,513.87 578,077.36 4.94% 28,513.87
2-3 years 791,856.25 6.58% 163,384.83 816,924.15 6.98% 163,384.83
Over 3 years 9,351,433.46 77.65% 4,590,399.9 9,217,457.76 78.72% 4,590,399.9
3-4 years
4-5 years
Over 5 years
Total 12,041,470.22 -- 4,782,298.6 11,708,523.54 -- 4,782,298.6
Account receivables provided for bad debt reserve under balance percentage method in the groups:
□Applicable√ Non-applicable
Account receivables provided for bad debt reserve under other method in the groups:
□Applicable√ Non-applicable
Account receivable with single minor amount but withdrawal bad debt provision separately as at period-end
√ Applicable □ Non-applicable
Unit: RMB
Contents of account
Book balance Bad debt provision Provision proportion Reason for provision
receivables
Expected to be unable to
Rents of Da Dong Co., 801,380.16 801,380.16 100%
recover due to long aging
Goods payment of Expected to be unable to
695,848 695,848 100%
Qinling Auto Co., recover due to long aging
Goods payment of
Expected to be unable to
Shanghai Auto Industrial 641,341.9 641,341.9 100%
recover due to long aging
Marketing Co.,
Goods payment of China
Expected to be unable to
Auto Trading Guangzhou 558,000 558,000 100%
recover due to long aging
Co.,
Goods payment of
Expected to be unable to
Guangdong Materials 395,400 395,400 100%
recover due to long aging
Group Auto Trading Co.,
Goods payment of Expected to be unable to
389,640 389,640 100%
Yunnan Lanjian Plant recover due to long aging
Goods payment of
Expected to be unable to
Guangdong Materials 387,000 387,000 100%
recover due to long aging
Trading Center
Expected to be unable to
Other units 13,556,272.47 13,556,272.47 100%
recover due to long aging
Total 17,424,882.53 17,424,882.53 100% --
(2) Reversal or recovery of account receivables during ther reporting period
Unit: RMB
Accumulated provision
Basis for determination
Contents of account Reason for reversal of of bad debt reserve Amounts reversed or
of original bad debt
receivables recovery before reversal or recovered
reserve
reovery
Total -- -- 0 --
Provision for bad debt reserve for account receivable with single significant or minor amount but tested for impairment
separately as at period-end:
Contents of account
Book balance Bad debt amount Provision proportion (%) Reasons
receivables
82
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total -- --
Explanation for account receivable with single minor amount while the risks of the group categorized with similar risk
characteristics are relative significant:
Nil
(3) Account receivables actually written-off during the reporting period
Unit: RMB
Whether arising
Nature of account
Name of unit Time of write-off Amount written off Reason for write-off from related
receivables
transactions
Total -- -- 0 -- --
Explanation for write-off of account receivables:
Nil
(4) Account receivables due from the shareholders holding 5% or above voting shares of the
Company during the reporting period
□Applicable √Non-applicable
(5) Top 5 account receivable
Unit: RMB
Relationship with the Proportion in total
Name of the company Amount Terms
Company account receivables (%)
Shenzhen Jinlu Industry External
9,846,607 Over 5 years 19.85%
and Trading Co., Ltd.
GD Zhanjiang Three External
Stars Automobile 4,060,329.44 Over 5 years 8.19%
Holdings Co., Ltd.
Huizhou Jiandacheng External
Daoqiao Engineering 2,021,657.7 Over 5 years 4.08%
Company
Guangdong Materials External
1,862,000 Over 5 years 3.75%
Group
Jiang Ling Auto External
1,191,059.98 Over 5 years 2.4%
Manufacturer
Total -- 18,981,654.12 -- 38.27%
(6) Account receivables due from related parties
Unit: RMB
Proportion in total account
Name of the company Relationship with the Company Amount
receivables (%)
Shenzhen New Yongtong Auto
Associated company 927,602 1.87%
Service Co., Ltd.
Shenzhen New Yongtong
Dongxiao Auto Service Co., Associated company 680,400 1.37%
Ltd.
Total -- 1,608,002 3.24%
83
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(7) Account receivables derecognized
Unit: RMB
Item De-recognition amount Gains or losses related to derecognition
Total 0 0
(8) As for securities with account receivables as target subject, list the assets and liabilities airsing
from further involvement
Unit: RMB
Item Period-end
Assets:
Assets subtotal 0
Liabilities:
Liabilities subtotal 0
7. Other receivables
(1) Disclosure of other receivables by classificatoin
Unit: RMB
Amount at period-end Amount at period-begin
Book balance Bad debt reserve Book balance Bad debt reserve
Categories
Proportio Proportio Proportion( Proportio
Amount Amount Amount Amount
n(%) n(%) %) n(%)
Other receivable with
single significant amount 36,437,380.7 36,437,380.7 36,437,380.7
49.5% 100% 61.34% 36,437,380.71 100%
and withdrawal bad debt 1 1 1
provision separately
Other receivable of bad debt provision withdrawal by combination(Age)
31,097,535.2 16,893,445.3
By age 42.25% 5,850,021.85 18.81% 28.44% 5,850,021.85 34.63%
1 7
31,097,535.2 16,893,445.3
Subtotal of group 42.25% 5,850,021.85 18.81% 28.44% 5,850,021.85 34.63%
1 7
Other receivable with
single minor amount
6,076,219.82 8.25% 6,076,219.82 100% 6,076,219.82 10.22% 6,076,219.82 100%
wihle withdrawal bad
debt provision separately
73,611,135.7 48,363,622.3
Total -- -- 59,407,045.9 -- 48,363,622.38 --
4 8
Explanation for category of other receivables:
Other receivable with single significant amount and withdrawal bad debt provision separately
√ Applicable □ Non-applicable
Unit: RMB
Contents of other
Book balance Bad debt provision Provision proportion Reason for provision
receivables
Come-and-go accounts
of Zhongqi South Expected to be unable to
9,832,956.37 9,832,956.37 100%
China Auto Sales recover due to long aging
Company
Come-and-go accounts 7,359,060.75 7,359,060.75 100% Expected to be unable to
84
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
South Industry & recover due to long aging
TRADE Shenzhen
Industry Company
Guarantee liability for
borrowing of Shenzhen 胜诉，对方无资产可执
5,000,000 5,000,000 100%
Zhonghao (Group) Co., 行
Ltd.
Borrowings of Gold
Expected to be unable to
BeiliElectrical 2,706,983.51 2,706,983.51 100%
recover due to long aging
Appliances Company
Expected to be unable to
Guarantee liability for
recover due to the
borrowing of Xinxingtai 2,418,512.9 2,418,512.9 100%
non-existence of the
Trade Co., Ltd.
company
Guarantee liability for
Unlikely to be
borrowing of Shenzhen 1,895,712.47 1,895,712.47 100%
recoverable
Petrochemical Group
Creditor’s rights of
Expected to be unable to
Huatong Package Co., 1,212,373.79 1,212,373.79 100%
recover due to long aging
Ltd.
Borrowings of Heyuan
Expected to be unable to
Dongfeng Technology 930,000 930,000 100%
recover due to long aging
Service station
Advance from Shenzhen
South Great Wall Recovery is subject to
819,460.91 819,460.91 100%
Investment Holding Co., significant uncertainty
Ltd.
Related borrowings of
Shenzhen Xiandao Expected to be unable to
708,072.26 708,072.26 100%
Chemical New Materials recover due to long aging
Company
Borrowings of Shenzhen
Expected to be unable to
Dongbao Property 609,773 609,773 100%
recover due to long aging
Development Company
Expected to be unable to
Others 2,944,474.75 2,944,474.75 100%
recover due to long aging
Total 36,437,380.71 36,437,380.71 -- --
Other receivable provided for bad debt reserve under aging analysis method in the groups:
√ Applicable □ Non-applicable
Unit: RMB
Amount at period-end Amount at period-begin
Book balance Book balance
Aging
Proporti bad debt reserve Proporti bad debt reserve
Amount Amount
on (%) on (%)
within 1 year
Including:
Subtotal of within 1 year 16,898,613.59 54.34% 3,781,218.18 22.38%
1-2 years 1,759,119.84 5.66% 36,724.11 771,779.12 4.57% 36,724.11
2-3 years 1,058,702.03 3.4% 143,949.19 959,348.32 5.68% 143,949.19
Over 3 years 11,381,099.75 36.6% 5,669,348.55 11,381,099.75 67.37% 5,669,348.55
3-4 years
4-5 years
Over 5 years
Total 31,097,535.21 -- 5,850,021.85 16,893,445.37 -- 5,850,021.85
85
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Other receivables provided for bad debt reserve under balance percentage method in the groups:
□ Applicable √ Non-applicable
Other receivables provided for bad debt reserve under other method in the groups:
□ Applicable √ Non-applicable
Other receivable with single minor amount but withdrawal bad debt provision separately as at period-end
√ Applicable □ Non-applicable
Unit: RMB
Contents of other
Book balance Bad debt provision Provision proportion Reason for provision
receivables
Goods payment of
Expected to be unable to
Huashengchang Auto 463,912.46 463,912.46 100%
recover due to long aging
Company
Property rental of the
Expected to be unable to
Renminbei branch of 247,219.98 247,219.98 100%
recover due to long aging
Agricultucal Bank
Account for employees Expected to be unable to
217,892.57 217,892.57 100%
to purchase properties recover due to long aging
Expected to be unable to
Liang Rongde 182,133.26 182,133.26 100%
recover due to long aging
Rental of Shensha
Expected to be unable to
Industry & Trade 134,835.2 134,835.2 100%
recover due to long aging
Company
Chengdu Airplane Expected to be unable to
130,000 130,000 100%
Design Institute recover due to long aging
Expected to be unable to
Other units 4,700,226.35 4,700,226.35 100%
recover due to long aging
Total 6,076,219.82 6,076,219.82 100% --
(2) Reversal or recovery of other receivables during the reporting period
Unit: RMB
Accumulated provision
Basis for determination
Contents of other Reason for reversal of of bad debt reserve Amounts reversed or
of original bad debt
receivables recovery before reversal or recovered
reserve
reovery
Total -- -- 0 --
Provision for bad debt reserve for other receivable with single significant or minor amount but tested for impairment
separately as at period-end:
Contents of account
Book balance Bad debt amount Provision proportion (%) Reasons
receivables
Total -- --
Explanation for other receivable with single minor amount while the risks of the group categorized with similar risk
characteristics are relative significant:
Nil
(3) Other receivables actually written-off during the reporting period
Unit: RMB
Nature of other Reason for Whether arising from
Name of unit Time of write-off Amount written off
receivables write-off related transactions
Total -- -- 0 -- --
86
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Explanation for write-off of other receivables:
Nil
(4) Other receivables due from the shareholders holding 5% or above voting shares of the Company
during the reporting period
□Applicable √Non-applicable
(5) Nature or content of other receivables with significant amount
Unit: RMB
Nature or content of Proportion in total other receivables
Name of the company Amount
account (%)
Total 0 -- 0%
Explanation:
Nil
(6) Top 5 other receivable
Unit: RMB
Relationship with the Proportion in total
Name of the company Amount Terms
Company account receivables (%)
Zhongqi South China
External 9,832,956.37 Over 3 years 13.36%
Auto Sales Company
South Industry &
TRADE Shenzhen External 7,359,060.75 Over 3 years 10%
Industry Company
Shenzhen Zhonghao
(Group) Co., Ltd.
External 5,000,000 Over 3 years 6.79%
Shenzhen Zhonghao
(Group) Co., Ltd.
Shenzhen Kaifeng
Special Vehicles Industry External 4,413,728.5 Over 3 years 6%
Co., Ltd.
Gold Beili Electrical
External 2,706,983.51 Over 3 years 3.68%
Appliances Company
Total -- 29,312,729.13 -- 39.83%
(7) Other receivables due from related parties
Unit: RMB
Proportion in total other
Name of the company Relationship with the Company Amount
receivables (%)
Shenzhen Tellus Auto Service
Associated company 740,000 1.01%
Chain Co., Ltd.
Shenzhen New Yongtong
Associated company 80,000 0.11%
Technology Co., Ltd.
Shenzhen Yongtong Xinda
Inspection Equipment Co., Associated company 510,609.47 0.69%
Ltd.
Shenzhen Xiandao Chemical
Associated company 708,072.26 0.96%
New Materials Company
Shenzhen Xinglong
Machinery Moulding Associated company 1,843,878.06 2.5%
Company
Shenzhen Tellus New Associated company 177,716.62 0.24%
87
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Yongtong Auto Service Co.,
Ltd.
Shenzhen Telixing Investment
Jint venture 1,172.19 0%
Co., Ltd
Total -- 4,061,448.6 5.51%
(8) Other receivables derecognized
Unit: RMB
Item De-recognition amount Gains or losses related to de-recognition
Total 0 0
(9) As for securities with other receivables as target subject, list the assets and liabilities airsing from
further involvement
Unit: RMB
Item Period-end
Assets:
Assets subtotal 0
Liabilities:
Liabilities subtotal 0
8. Payment in advance
(1) Ayalysis of payments in advance by aging
Unit: RMB
Amount at period-end Amount at period-begin
Aging proportion proportion
Amount Amount
（%） （%）
within 1 year 9,466,938.36 95.46% 12,487,409.73 96.4%
1-2 years 204,972.92 2.07% 282,874.86 2.18%
2-3 years 175,673.94 1.77% 149,513.89 1.16%
Over 3 years 69,743.89 0.7% 34,050 0.26%
Total 9,917,329.11 -- 12,953,848.48 --
Explanation for aging analysis of payments in advance:
Nil
(2) Top 5 of payments in advance
Unit: RMB
Relationship with the
Name of the company Amount Time Reason for unsettlemtn
Company
Goods has not been
Yiqi Toyota Auto Sales
Supplier 7,248,811.35 delivered at the
Service Co., Ltd.
destination
Goods has not been
Toyota Auto (China)
Supplier 1,742,762.01 delivered at the
Investment Co., Ltd.
destination
Shenzhen Yongli Supplier 190,263 Goods has not been
88
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Industry Development delivered at the
Co., Ltd. destination
Goods has not been
Dongguan Guangdong
Supplier 115,550 delivered at the
Trading Co., Ltd.
destination
Qingdao Kangpudun
Supplier 106,010 Imcomplete bills of notes
Company
Total -- 9,403,396.36 -- --
Explanation for majoy units paid in advance:
Suppliers
(3) Shareholders holding 5% or above voting shares of the Company in payments in advance during
the reporting period
□ Applicable √ Non-applicable
(4) Explanation for payment in advance
The period-end balance of payments in advance contains no payment paid to related parties in advance.
9. Inventory
(1) Classification
Unit: RMB
Amount at period-end Amount at period-begin
Item Depreciation Depreciation
Book balance Book value Book balance Book value
provision provision
Raw materials 8,024,255.04 7,487,894.16 536,360.88 8,018,483.52 7,487,894.16 530,589.36
Product in process 7,283,918.01 4,031,262.45 3,252,655.56 12,932,536.11 4,031,262.45 8,901,273.66
Stock products 53,034,776.08 13,923,018.5 39,111,757.58 34,683,392.06 13,923,018.5 20,760,373.56
Revolving materials
Consumptive
biological assets
Low value
19,024.16 19,024.16 26,110.13 26,110.13
consumable
Total 68,361,973.29 25,442,175.11 42,919,798.18 55,660,521.82 25,442,175.11 30,218,346.71
(2) Inventory impairment provision
Unit: RMB
Book-balance as at Provision for this Decrease during this year Book-balance as at
Kinds of inventories
period-begin period Reversal Written-off period-end
Raw materials 7,487,894.16 7,487,894.16
Product in process 4,031,262.45 4,031,262.45
Stock products 13,923,018.5 13,923,018.5
Revolving materials
Consumptive
biological assets
Total 25,442,175.11 0 0 0 25,442,175.11
89
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(3) Particular about inventory impairment provision
Proportion of the reversal
Reason for reversal during amount during the year in the
Item Provision basis
the year period-end balance of the
inventory
Raw materials
Stock commodities
Goods in process
Turn-over material
Consumption biological assets
Explanation on inventory
Nil
10. Other current assets
Unit: RMB
Item Amount at period-end Amount at period-begin
Total 0 0
Explanation on other current assets
Nil
11. Financial assets available for sale
(1) Particular about financial assets available for sale
Unit: RMB
Item Fair-value at period-end Fair-value at period-begin
Bond available for sale
Equity instrument available for sale 1,264,263 1,374,249.25
Other
Total 1,264,263 1,374,249.25
For financial assets available for sale that re-category from investment held to maturity, re-category amounting as 0 yuan,
and takes 0% of the investment held to maturity before re-category.
Explanation on financial assets available for sale
Equity instrument available for sales refers to the stock of China Merchants Bank
(2) Long-term debt investment in financial assets available for sales
Unit: RMB
Interest
Initial
Balance at receivable or Balance at
Bond Type Book value investment Expired dated Interest
period-begin received period-end
cost
accumulative
Total -- -- 0 -- 0 0 0 0
Explanation on long-term debt investment in financial assets available for sales
Nil
12. Held-to-maturity investment
(1) Particular about held-to-maturity investment
Unit: RMB
Item Book balance at period-end Book balance at period-begin
Treasure bill 121,300 121,300
Total 121,300 121,300
Explanation on held-to-maturity investment Nil
(2) Held-to-maturity investment that sold in report period but not expired
Unit: RMB
Item Amount Proportion in amount before sold (%)
90
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total 0 --
Explanation on held-to-maturity investment that sold in report period but not expired
Nil
13. Long-term account receivable
Unit: RMB
Type Amount at period-end Amount at period-begin
Financing leasing
Incl: Un-realized financing income
Commodity sales for installment
receivables
Labor service provided for
installment receivables
Other 2,322,845.69 2,341,645.69
Total 2,322,845.69 2,341,645.69
91
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
14. Investment for affiliated enterprise and joint ventures
Unit: RMB
Propo
Equit rtion
y of
propo voting Total
Investe Total Total net Total Net
Regis rtion rights liability
d Legal Business Register Curre assets at assets at operation profit in
Type ter held in at
compan rep. nature capital ncy period-en period-en revenue in this
place by the invest period-en
y d d this period period
Comp ed d
any compa
(%) ny
(%)
I. Joint venture
Shenzh
en Industrial,
Limi
Tellus property
ted Shen Zhang 56,704,9 51,315,5 37,037.0 51,278,4 411,275.
Jimeng manageme CNY 50% 50%
liabi zhen Ruili 60.00 09.90 7 72.83 51
Investm nt and
lity
ent Co., leasing
Ltd
Shenzh Industrial,
en property
Limi
Tellus Luo manageme
ted Shen 27,200,0 27,619,5 238,634. 27,380,8 600,366.6 -73,801.
Hang Boju nt and auto CNY 50% 50%
liabi zhen 00.00 28.97 48 94.49 0 47
Investm n accessory
lity
ent Co., purchase
Ltd. and sales
II. Affiliated enterprise
Shenzh
en
Xinglon
Limi
g export of
ted Shen Zhang 27,633,3 37,662,8 5,688,46 31,974,3 -529,246
Machin mould CNY 30% 30%
liabi zhen Ruili 00.00 03.54 6.86 36.68 .14
ery process
lity
Mould
Co.,
Ltd.
Shenzh
en
Tellus Limi auto
Wu
Auto ted Shen maintenan 2,000,00 1,680,40 9,087,44 -7,407,03 825,088.0 91,536.6
Yong CNY 40% 40%
Service liabi zhen ce and 0.00 6.58 0.51 3.93 7 2
gang
Chain lity leasing
Co.,
Ltd.
Shenzh
en Zung
Fu Limi sales of
Tan
Tellus ted Shen auto and 30,000,0 581,315, 409,343, 171,972, 1,048,117, -13,354,
Yanli CNY 35% 35%
Auto liabi zhen maintenan 00.00 691.64 007.30 684.34 850.63 233.43
ng
Service lity ce
Co.,
Ltd.
Shenzh
en Auto
Limi Huan import and
Industr
ted Shen g export of 13,250,0 35.75 35.75 54,829,8 32,579,2 22,250,6 5,338,710. -824,377
y Imp& CNY
liabi zhen Weiqi auto 00.00 % % 75.15 15.06 60.09 92 .84
Exp
lity ang accessories
Co.,
Ltd.
Shenzh
Limi Shen Xu production 80,000,0 282,791, 165,670, 117,121, 71,244,67 -141,673
en CNY 25% 25%
ted zhen Tians of auto and 00.00 825.45 243.72 581.73 5.00 .41
Dongfe heng maintenan
liabi
ng Auto
92
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Co., lity ce
Ltd.
Shenzh
en
Security
Xinyon Limi
Li technology
gtong ted Shen 1,600,00 3,003,23 1,217,89 1,785,34 3,377,114. 119,073.
Jinlon inspection CNY 31% 31%
Technol liabi zhen 0.00 8.27 7.14 1.13 50 89
g for auto
ogy lity
vehicles
Co.,
Ltd.
Shenzh
en
Consultan
Xinyon
on diesel
gtong
Limi oil pump
Oil Lan
ted Shen maintence 250,000. 422,655. 86,243.6 336,412.
Pump Zhon CNY 31% 31%
liabi zhen and 00 80 6 14
Environ gxin
lity environme
ment
nt
Protecti
technology
on Co.,
Ltd.
Maintenan
Shenzh
ce of auto
en
and
Xinyon Limi
Li motorcycle
gtong ted Shen 1,000,00 2,748,02 2,112,76 635,261. 3,592,205. -91,078.
Jianju ; auto CNY 30% 30%
Auto liabi zhen 0.00 4.88 3.46 42 81 67
n beauty and
Service lity
sales of
Co.,
auto
Ltd.
accessory
Sales of
domestic
Shenzh
auto,
en
products
Tellus
Limi and
Xinyon Li
ted Shen accessories 2,800,00 2,896,61 4,207,18 -1,310,56 2,119,592. -257,099
gtong Jinlon CNY 18% 24%
liabi zhen ; auto 0.00 9.85 6.06 6.21 10 .29
Auto g
lity renting,
Service
auto 1st
Co.,
class
Ltd.
maintenan
ce
Shenzh
en Auto 2nd
Xinyon class
Limi
gtong Li maintena
ted Shen 500,000. 1,554,94 1,313,96 240,980. 1,196,305. -260,713
Dongxi Jianju nce;sales CNY 35% 35%
liabi zhen 00 4.14 3.45 69 07 .87
ao Auto n of auto
lity
Service accessori
Co., es
Ltd.
Shenzh
en
Technolog
Yongto
y
ng Limi
Huan developme
Xinda ted Shen 100,000. 4,395,42 3,391,19 1,004,23 2,775,572. 223,173.
g nt of CNY 40% 40%
Inspecti liabi zhen 00 9.84 8.20 1.64 74 67
Peibo inspection
on lity
equipment
Equipm
and sales
ent Co.,
Ltd.
Shenzh Limi Auto
en Lan manageme
ted Shen 160,000. 377,159. 214,529. 162,629.
Xinyon Zhon nt , CNY 30% 30% 17,000.00 560.59
liabi zhen 00 28 48 80
gtong gxin technology
lity
Consult consultan;
93
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
ant Co., network
Ltd. maintenan
ce etc.
Explanation on major accounting policy and accounting estimation in joint venture and affiliated enterprises difference from
the policy and estimation of the Company:
15. Long-term equity investment
94
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(1) Details of long-term equity investment
Unit: RMB
Explanation on
the incongruity
in share
Proportion of Proportion of Impairment
holding
Invested Calculation Initial Balance at Increase/decrea Balance at share holding voting rights in Impairment provision of Cash bonus this
proportion and
company method investment cost period-begin se(+,-) period-end in invested invested provision accruing this year
voting
company (%) company (%) year
proportion in
invested
company
Shenzhen
Tellus Jimeng
Equity method 28,352,480 25,433,598.67 219,353.17 25,652,951.84 50% 50% --
Investment Co.,
Ltd
Shenzhen
Tellus Hang
Equity method 13,600,000 8,574,115.46 40,150.72 8,614,266.18 50% 50% --
Investment Co.,
Ltd.
Shenzhen
Xinglong
Machinery Equity method 2,400,000 6,240,588.58 -263,700 5,976,888.58 30% 30% -- 105,000
Mould Co.,
Ltd.
Shenzhen
Tellus Auto
Equity method 800,000 40% 40% --
Service Chain
Co., Ltd.
Shenzhen Zung
Fu Tellus Auto
Equity method 10,500,000 65,767,551.5 -8,172,500 57,595,051.5 35% 35% -- 3,500,000
Service Co.,
Ltd.
Shenzhen Auto
Industry Imp& Equity method 4,737,500 8,252,899.91 -294,715.08 7,958,184.83 35.75% 35.75% --
Exp Co., Ltd.
Shenzhen
Dongfeng Auto Equity method 14,527,044.85 17,458,319.96 -35,418.35 17,422,901.61 25% 25% --
Co., Ltd.
95
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen
Xinyongtong
Equity method 496,000 568,705.88 -160,000 408,705.88 31% 31% --
Technology
Co., Ltd.
Shenzhen
Xinyongtong
Oil Pump
Equity method 155,000 127,836.59 127,836.59 31% 31% --
Enviornment
Protection Co.,
Ltd.
Shenzhen
Xinyongtong
Equity method 300,000 217,902.03 -20,000 197,902.03 30% 30% --
Auto Service
Co., Ltd.
Shenzhen
Xinyongtong
Dongxiao Auto Equity method 175,000 175,593.1 175,593.1 35% 35% --
Service Co.,
Ltd.
Shenzhen
Yongtong
Xinda
Equity method 400,000 312,423.19 312,423.19 40% 40% --
Inspection
Equipment Co.,
Ltd.
Shenzhen
Xinyongtong
Equity method 48,000 48,618.07 48,618.07 30% 30% --
Consultant Co.,
Ltd.
Shenzhen
Tellus
Xinyongtong Equity method 504,000 18% 24% --
Auto Service
Co., Ltd.
China Pudong
Development
Machinery Cost method 10,176,617.2 10,176,617.2 10,176,617.2 5.3% 5.3% --
Industry Co.,
Ltd.
96
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Hunan
Changyang
Cost method 6,900,000 1,810,540.7 1,810,540.7 36.55% 36.55% 1,810,540.7
Industrial Co.,
Ltd. *1
Shenzhen hanli
Hi-Tech
Cost method 3,466,000 1,956,000 1,956,000 80% 80% 1,956,000
Ceramics Co.,
Ltd. *1
Shenzhen
Jiecheng
Cost method 3,150,000 3,225,000 3,225,000 45% 45% 3,225,000
Electronic Co.,
Ltd. *1
Shenzhen
Jingwei
Cost method 4,000,000 4,000,000 4,000,000 12.5% 12.5% 4,000,000
Industrial Co.,
Ltd.
Shenzhen
(Moscoo) Co., Cost method 825,000 825,000 825,000 7% 7% 825,000
Ltd.
Wuhan Weite
Cost method 640,000 640,000 640,000 640,000
Hotel
Shenzhen
Xiandao
Chemical
Cost method 7,256,401.38 4,751,621.62 4,751,621.62 40% 40% 4,751,621.62
Industrial New
Material Co.,
Ltd. *1
Shenzhen
Petroleum &
Chemical Cost method 700,000 700,000 700,000 700,000
(Gourp) Co.,
Ltd.
South Auto
Maintenance Cost method 6,700,000 6,700,000 6,700,000 100% 100% 6,700,000
Center *1
China Auto
Industrial Cost method 400,000 400,000 400,000 40% 40% 400,000
Shenzhen
Trading
97
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Company *1
Shenzhen
General
Cost method 500,000 500,000 500,000 25% 25% 500,000
Standard Co.,
Ltd. *1
Shenzhen
Huoju Spark
Cost method 17,849.2 17,849.2 17,849.2 49% 49% 17,849.2
Plug Industry
Co., Ltd. *1
China Auto
South Auto
Cost method 2,250,000 2,250,000 2,250,000 49% 49% 2,250,000
Sales Co., Ltd.
*1
Electric
Cost method 600,000 600,000 600,000 11.1% 11.1% 600,000
vehicles
Shenzhen Jinhe
Standard Cost method 453,440 453,440 453,440 15% 15% 453,440
Mould Co., ltd.
China Auto
Cost method 600,000 600,000 600,000 6.25% 6.25% 600,000
Training Center
Shenzhen
Bailiyuan
Cost method 1,320,000 1,320,000 1,320,000 25% 25% 1,320,000
Power Supply
Co., Ltd *1
Dratini (Zeng
Cost method 162,000 162,000 162,000 6.25% 6.25% 162,000
Wengang)
Shenzhen
Yimin Auto
Cost method 200,001.1 200,001.1 200,001.1 200,001.1
Tranding Co.,
Ltd.
Shenzhen
Bisike
Machineray Cost method 302,368.57 302,368.57 302,368.57 7.5% 22.7%
Transport Co.,
Ltd.
Hong Kong
Rishen Cost method 145,800 145,800 145,800 7.5% 7.5% 145,800
International
98
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Co., Ltd.
Total -- 127,760,502.3 174,914,391.33 -8,686,829.54 166,227,561.79 -- -- -- 31,257,252.62 0 3,605,000
99
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(2) Limited ability for capital transfer to investment enterprise
Unit: RMB
Long-term equity investment that has
un-recognized investment losses
limited ability of capital transfer to Restriction reasons
accumulative in period
investment enterprise
Explanation on long-term equity investment
Nil
16. Investment real estate
(1) Investment real estate measured by cost
√application □ non-application
Unit: RMB
Book balance at Increase during the Decrease during the
Item Book balance at period-end
period-begin period period
I. Total original book
181,002,443.71 0 0 181,002,443.71
value
1. Houses and
181,002,443.71 0 0 181,002,443.71
buildings
2. Land use rights
II. Accumulated
depreciation and
72,581,175.3 2,619,607.5 0 75,200,782.8
accumulated
amortization
1. Houses and
72,581,175.3 2,619,607.5 0 75,200,782.8
buildings
2. Land use rights
III. Total net book
value of investment 108,421,268.41 0 0 105,801,660.91
real estate
1. Houses and
108,421,268.41 105,801,660.91
buildings
2. Land use rights
IV. Total accumulate
provision for
0 0 0 0
impairment of
investment real estate
1. Houses and
buildings
2. Land use rights
V. Total book value of
108,421,268.41 0 0 105,801,660.91
investment real estate
1. Houses and
108,421,268.41 105,801,660.91
buildings
2. Land use rights
Unit: RMB
This period
Depreciation and amortization amount in this period 2,619,607.5
Withdrawal of impairment provision for investment real estate 0
(2) Investment real estate measured by fair value
□ application √ non-application
Explain the investment real estate that changing measurement mold in report period, and the investment real estate without
property certificate done as well as the reasons for property certificate un-finished and predicted the time to obtained that
certificates
Nil
100
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
17. Fixed assets
(1) Particular about fixed assets
Unit: RMB
Book balance at Decrease during this Book balance at
Item Increase during this period
period-begin period period-end
I. total of book balance： 321,653,421.91 849,952.99 1,204,994.68 321,298,380.22
Including：House &
273,866,730.28 273,866,730.28
buildings
Machinery equipments 19,823,613.24 51,282.06 19,874,895.3
Transportation tools 7,917,613.4 243,926 207,600 7,953,939.4
Electronic equipment 8,765,167.52 199,557.5 4,950 8,959,775.02
Office and other equipment 8,272,144.61 355,187.43 992,444.68 7,634,887.36
Decoration charge of
3,008,152.86 3,008,152.86
self-owned houses
Book balance at Increase during Accrual in this Decrease during this Book balance at
--
period-begin this period period period period-end
II. total of accumulated
152,817,177.49 5,267,683.96 0 1,145,771.6 156,939,089.85
depreciation：
Including：House &
114,335,603.85 4,096,539.55 118,432,143.4
buildings
Machinery equipments 15,979,418.35 171,853.94 16,151,272.29
Transportation tools 5,909,267.57 286,481.82 186,840 6,008,909.39
Electronic equipment 6,724,604.92 381,912.37 4,455 7,102,062.29
Office and other equipment 7,591,278.07 268,962.12 954,476.6 6,905,763.59
Decoration charge of
2,277,004.73 61,934.16 2,338,938.89
self-owned houses
Book balance at Book balance at
-- --
period-begin period-end
III. total net value of fixed
168,836,244.42 -- 164,359,290.37
assets
Including：House &
159,531,126.43 -- 155,434,586.88
buildings
Machinery equipments 3,844,194.89 -- 3,723,623.01
Transportation tools 2,008,345.83 -- 1,945,030.01
Electronic equipment 2,040,562.6 -- 1,857,712.73
Office and other equipment 680,866.54 -- 729,123.77
Decoration charge of
731,148.13 -- 669,213.97
self-owned houses
IV. total of impairment
4,227,562.01 -- 4,227,562.01
provision
Including：House &
3,555,385.7 -- 3,555,385.7
buildings
Machinery equipments 650,147.31 -- 650,147.31
Transportation tools --
Electronic equipment --
Office and other equipment 22,029 -- 22,029
Decoration charge of
--
self-owned houses
V. total book value of fixed
164,608,682.41 -- 160,131,728.36
assets
Including：House &
155,975,740.73 -- 151,879,201.18
buildings
101
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Machinery equipments 3,194,047.58 -- 3,073,475.7
Transportation tools 2,008,345.83 -- 1,945,030.01
Electronic equipment 2,040,562.6 -- 1,857,712.73
Office and other equipment 658,837.54 -- 707,094.77
Decoration charge of
731,148.13 -- 669,213.97
self-owned houses
Depreciation in this period amounting to 5,267,683.96 yuan; original price transfer from construction in progress to fixed
assets amounting as 0 yuan
(2) Temporary idle fixed assets
Unit: RMB
Depreciation Impairment
Item Original book value Net book value Note
accumulative provision
House & buildings 0
Machinery
0
equipments
Transportation
0
tools
(3) Fixed assets leasing-in by financing lease
□ application √ non-application
(4) Fixed assets leasing-out by operational lease
□ application √ non-application
(5) Fixed assets held for sale in period-end
Unit: RMB
Disposal expense
Item Book value Fair value Disposal date predicted
predicted
(6) Fixed assets without un-completed property certificates
Item Reasons for un-completed certificate Times expected for certificate completed
Tellus Building Problem left over by history
Yongtong Building Problem left over by history
Shuibei Zhongtian Comprehensive Build Problem left over by history
Auto Office Build Problem left over by history
First floor of Bao’an commercial-residence
Problem left over by history
build
5 suits of Bao’an commercial-residence
Problem left over by history
build
Nuclear Office build Problem left over by history
5B, #4 Build, Huangpeng Garden Problem left over by history
3-5/F 3# plant Problem left over by history
West side of 16# apartment Problem left over by history
1#plant Problem left over by history
2#plant Problem left over by history
16# Taohua Garden (half of the build) Problem left over by history
Explanation on fixed assets:
The above said house & building shows no expected time for finished their property certificate due to the problem left over
by history.
The Company has no material idle fixed assets ended as 30 June 2012.
The Company has no material fixed assets held for sales ended as 30 June 2012.
The Company has no fixed assets leasing-in by financing lease ended as 30 June 2012.
102
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
18. Construction in process
(1)
Unit: RMB
Amount at period-end Amount at period-begin
Item Provision Provision
Book balance Carrying value Book balance Carrying value
reserve reserve
Jewry industry park 3,565,461.92 3,565,461.92 2,461,073.03 2,461,073.03
Total 3,565,461.92 0 3,565,461.92 2,461,073.03 0 2,461,073.03
103
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(2) Changes of major projects under construction
Unit: RMB
Proporti
including
on of Accumulate Interest
Transf : interest
Amount at Increase Other project d amount of capitalizati
Budg er to Progre capitalize Capital Amount at
Name period-beg during the decrea investme interest on rate of
et fixed ss d amount source period-end
in period se nt in capitalizatio the year
assets of the
budget n (%)
year
(%)
Jewelr
y
2,461,073. 1,104,388. Self-raisi 3,565,461.
indust
03 89 ng 92
ry
park
2,461,073. 1,104,388. 3,565,461.
Total 0.00 0.00 0.00 -- -- 0.00 0.00 -- --
03 89 92
Explanation on changes of major projects under construction
Nil
104
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(3) Construction in process impairment provision
Unit: RMB
Amount at Increase during this Decrease during this Amount at
Item Accrual Reason
period-begin period period period-end
Total 0 0 0 0 --
(4) Progress of material construction in progress
Item progress Note
(5) Explanation of construction in process
Nil
19. Construction materials
Unit: RMB
Amount at Increase in this
Item Decrease in this term Amount at period-end
period-beginning term
Total 0 0 0 0
Explanation on construction materials
Nil
20. Disposal of fixed assets
Unit: RMB
Book balance at
Item Book balance at period-end Reasons for turn to disposal
period-beginning
Total 0 0 --
Explain the progress of disposal of fixed assets transfer over one year
21. Productive biological assets
(1) Measured by cost
□application√ non-application
(2) Measured by fair value
□ application √ non-application
22. oil/gas assets
Unit: RMB
Book balance at Book balance at
Item Increase in this term Decrease in this term
period-beginning period-end
I. Total original book value 0 0 0 0
1. Equity of mine
exploitation
2. Equity of mine
un-exploited
3. Well and relevant
equipment
II. Total consumption
0 0 0 0
accumulative
1. Equity of mine
exploitation
105
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Well and relevant
equipment
III. Total impairment of
0 0 0 0
oil/gas assets accumulative
1. Equity of mine
exploitation
2. Equity of mine
un-exploited
3. Well and relevant
equipment
IV. Total book value of
0 0 0 0
oil/gas assets
1. Equity of mine
exploitation
2. Equity of mine
un-exploited
3. Well and relevant
equipment
Explanation on oil/gas assets
Nil
23. Intangible assets
(1) Particular about intangible assets
Unit: RMB
Book balance at Book balance at
Item Increased in the period decreased in the period
period-begin period-end
I. total of original value 325,000 0 0 325,000
Trademark right 75,000 75,000
Software 250,000 250,000
II. total accumulated
160,911.46 28,749.96 0 189,661.42
amortization
Trademark right 26,744.96 3,750 30,494.96
Software 134,166.5 24,999.96 159,166.46
III. total net book value of
164,088.54 0 0 135,338.58
intangible assets
Trademark right 48,255.04 44,505.04
Software 115,833.5 90,833.54
IV. Accumulated
intangible asset 0 0 0 0
impairment provisions
Trademark right
Software
Total of intangible asset
164,088.54 0 0 135,338.58
book value
Trademark right 48,255.04 44,505.04
Software 115,833.5 90,833.54
The amount amortized in this period accounting as 28,749.96 yuan
(2) Expenditure of project development
Unit: RMB
Decrease during the period
Amount at Increase during the Amount at
Item Record into currentConfirm as intangible
period-beginning period period-end
gains and losses assets
106
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total 0 0 0 0 0
The development expenditure occupies 0% of total expenditure in R&D projects in reporting period
The intangible assets form by internal R&D occupies 0% of total book value of intangible assets at period-end
For development projects, including single price over one million yuan occurred in this period and the assessment price has
been kept in book, disclosed the assessment institution and way of assessment:
Nil
(3) Intangible assets without property certificate obtained
Nil
24. Goodwill
Unit: RMB
Amount at Increase during Decrease during Amount at Depreciation
Items
period-beginning the period the period period-end reserves
Total 0 0 0 0 0
Explain the impairment testing method and withdrawal method for impairment provision of goodwill:
Nil
25. Long-term deferred expense
Unit: RMB
Balance at Increased in the Amortization Balance at Reasons for other
Item Other decrease
period-begin period during this period period-end decrease
Decoration
91,369.29 28,947.72 62,421.57
charge
Reform of hotel
185,959.66 92,979.84 92,979.82
designing
Follow-up
reforming 480,553.25 72,900 88,528.02 464,925.23
expenditure
Insurance charge
for pledge from
SPDB and
89,001.32 78,627.35 10,373.97
commitment
charge for loan
limit
Total 846,883.52 72,900 289,082.93 0 630,700.59 --
Explanation on long-term deferred expense:
Nil
26. Deferred income tax assets and deferred income tax liabilities
(1) Net amount of deferred income tax assets and deferred income tax liabilities before deduction
□application √non-application
(2) Net amount of deferred income tax assets and deferred income tax liabilities after deduction
□application √non-application
Explanation on deferred income tax assets and deferred income tax liabilities
Nil
27. Details of asset impairment provision
Unit: RMB
Balance as at Increase during this Decrease during this period Balance as at
Item
period-begin period Reversal Written-off period-end
I. Bad debt reserve 90,702,457.63 90,702,457.63
II. Inventory falling price
25,442,175.11 0 0 0 25,442,175.11
reserves
III. Impairment provision of
financial assets available for
sale
107
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
IV. Impairment provision of
investment held to maturity
V. Long-term equity
investment impairment 31,257,252.62 0 31,257,252.62
provision
VI. Investment real estate
0 0 0
impairment provision
VII. Fixed asset impairment
4,227,562.01 4,227,562.01
provision
VIII. Impairment provision
for construction materials
IX. Construction-in-process
0 0 0
impairment provision
X. Capitalized Biological
assets impairment provision
Including: Impairment
provision for maturity
production biological assets
XI. oil assets impairment
0 0 0
provision
XII. Intangible assets
0 0 0
impairment provision
XIII. Goodwill impairment
0
provision
XIV. other
Total 151,629,447.37 0 0 0 151,629,447.37
Explanation on asset impairment provision:
Nil
28. Other non-current assets
Unit: RMB
Item Amount at period-end Amount at period-begin
Total 0 0
Explanation on other non-current assets
Nil
29. Short-term loans
(1) Type of Short-term Loans
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Mortgage loans
Collateral loan 19,600,000 16,800,000
Ensure loans
Guarantee loans 25,896,287 25,992,388
Total 45,496,287 42,792,388
Explanation on short-term loans
Nil
(2) Short-term loans un-paid by expired
Unit: RMB
Unit Loan amount Loan rates Using in Reasons of un-paid Predicted payment date
Total 0 -- -- -- --
Totaling 0 yuan has been paid after balance sheet date.
Explanation on short-term loans: for those expired short-term loans obtained expansion period, explain the expansion
108
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
condition and new expiration:
Nil
30. Transactional financial liabilities
Unit: RMB
Item Fair value at period-end Fair value at period-begin
Transactional bonds offered
Financial liability designated for fair value
measurement and variation of fair value recon
into current gains/losses
Derivative financial liability
Other financial liability
Total 0 0
Explanation on transactional financial liabilities:
Nil
31. Note payable
Unit: RMB
Type Amount at period-end Amount at period-begin
Commercial acceptance bill
Bank acceptance bill 4,061,052.45
Total 4,061,052.45 0
Amount expired in next accounting period: 0 yuan
Explanation on note payable:
Nil
32. Account payables
(1)
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Account payables 22,072,536.09 22,950,543.71
Total 22,072,536.09 22,950,543.71
(2)Accounts payable to shareholders holding 5% or above voting shares of the Company
□ application√ non-application
Explanation on major account payable with over one year age:
Nil
33. Account received in advance
(1)
Unit: RMB
Item Amount as at period-end Amount as at period-begin
within 1 year 1,989,831.32 1,369,175.53
1-2 years 20,000 202
2-3 years 44,662 47,064.63
Over 3 years 657,051.66 654,447.06
Total 2,711,544.98 2,070,889.22
(2)Accounts received in advance to shareholders holding 5% or above voting shares of the Company
□ application√ non-application
Explanation on major account received in advance with over one year age:
Nil
109
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
34. Wages payable
Unit: RMB
Balance as at
Item Increase during this period Decrease during this period Balance as at period-end
period-begin
I. Wage, bonus,
allowance and 10,234,986.18 18,915,218.29 20,086,833.28 9,063,371.19
subsidy
II. Employees’
840,512.57 840,512.57
welfare
III. Social security 535,508.36 3,672,999.8 3,560,723.04 647,785.12
IV. Housing public
2,012,522.62 1,295,844.49 1,303,922.48 2,004,444.63
reserve
V. Compensation
from labor
relationship
dismissed
VI. Other 502,520.23 514,937.03 676,802.31 340,654.95
Other 502,520.23 514,937.03 676,802.31 340,654.95
Total 13,285,537.39 25,239,512.18 26,468,793.68 12,056,255.89
Wages payable has 0 yuan for arrears
Outlay for labor union and staff educational charge amounting as 307,877.39 yuan; non-monetary welfare amounting as 0
yuan and compensation for dismiss of labor relationship amounting to 0 yuan
The wages payable expected to pay and the amount for payment;
Nil
35. Tax payable
Unit: RMB
Item Amount as at period-end Amount as at period-begin
VAT -4,506,325.3 -2,105,520.09
Consumption tax
Business tax 582,207.55 672,190.86
Enterprise income tax -229,678.72 2,510,351.45
Personal income tax 1,743.93 53,078.01
City maintenance and construction tax 52,614.4 66,275.21
Property right tax 995,929.67 1,004,745.34
land VAT 5,276,705.05 5,276,705.05
Educational surcharge 99,328.12 109,308.39
Embankment fee 1,101.27 1,348.46
Other 97,522.86 39,350.92
Total 2,371,148.83 7,627,833.6
Explanation on tax payable: if the local taxation bureau agrees mutual adjustment between vary branches and plants, explain
taxation calculation:
Nil
36. Interest payable
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Interest of long-term loans of installment and interest
charges
Corporate bond interest
Interest payable for short-term loans
110
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total 0 0
Explanation on interest payable:
Nil
37. Dividend payable
Unit: RMB
Reasons for un-payment over one
unit Amount as at period-end Amount as at period-begin
year
Total 0 0 --
Explanation on dividend payable:
Nil
38. Other payables
(1)
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Other payables 109,470,811.25 94,803,075.42
Total 109,470,811.25 94,803,075.42
(2) Others payable due to shareholders units holding over 5% (5% included) voting shares of the
Company at period-end
√ application □ non-application
Unit: RMB
Unit Amount as at period-end Amount as at period-begin
Shenzhen SDG Co., Ltd. 47,079,452.22 46,272,271.96
Total 47,079,452.22 46,272,271.96
(3) Explanation on other account payable with over one year age
Nil
(4) Explanation on unit of major connected amount for other account payable
Nil
39. Predicted liability
Unit: RMB
Amount at Increase during the Carry-forward during
Item Amount at period-end
period-begin period the year
Guarantee provided
87,568,728.57 87,568,728.57
externally
Un-settle lawsuit
Products quality security
Reorganization obligation
Dismiss welfare
Deficit contract for
implemented
Other
Total 87,568,728.57 0 0 87,568,728.57
Explanation on predicted liability:
Found more details in ‘XI. Contingency “
40. Non-current liability due within one year
(1)
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Long-term loans due within one year 80,580,000 88,020,000
Bond payable due within one year
Long-term account payable due within one year
111
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total 80,580,000 88,020,000
(2) Long-term loans due within one year
Long-term loans due within one year
Unit: RMB
Item Amount as at period-end Amount as at period-begin
Mortgage loans
Collateral loan 80,580,000 88,020,000
Ensure loans
Guarantee loans
Total 80,580,000 88,020,000
In long-term loans due within one year, amount of undue but with expansion time amounting as 0 yuan.
Top five long-term loans due within one year:
Unit: RMB
Amount at period-end Amount at period-begin
Starting date Termination
Unit Currency Rate (%) Foreign Local Foreign Local
for loans date for loans
currency currency currency currency
Fuhua
Branch of
Shanghai
2009-08-10 2012-08-10 CNY 6.65% 39,000,000 39,000,000
Pudong
Development
Bank
Fuhua
Branch of
Shanghai
2009-07-31 2012-07-31 CNY 6.65% 27,300,000 27,300,000
Pudong
Development
Bank
Fuhua
Branch of
Shanghai
2009-08-31 2012-08-31 CNY 6.65% 9,360,000 9,360,000
Pudong
Development
Bank
上 Fuhua
Branch of
Shanghai 2010-02-05 2013-02-05 CNY 6.9825% 4,680,000 4,680,000
Pudong
Development
Bank
Fuhua
Branch of
Shanghai
2010-02-05 2012-11-05 CNY 6.9825% 120,000 120,000
Pudong
Development
Bank
Total -- -- -- -- -- 80,460,000 -- 80,460,000
Undue loans in long-term loans due within one year:
Unit: RMB
Unit Amount loans Undue date Annual rate (%) Using purpose Unpaid reasons Paid expected
Total 0 -- -- -- -- --
Totaling 80,580,000.00 yuan has been paid after balance sheet date.
Explanation on long-term loans due within one yea:
Nil
112
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(3) Bond payable due within one year
Unit: RMB
Interest Interest
Interest Interest paid
Issuing payable at payable in Amount at
Name Value Issuing date Terms payable in in this
amount period-begi this period-end
this period period
n period-end
Explanation on bond payable due within one yea:
Nil
(4) Long-term account payable due within one year
Unit: RMB
Amount at
Unit Terms Initial amount Rate (%) Interest reckoned Loan condition
period-end
Explanation on long-term account payable due within one yea:
Nil
41. Other current liability
Unit: RMB
Item Book balance at period-end Book balance at period-begin
Total 0 0
Explanation on other current liability:
Nil
42. Long-term loan
(1) Category of long-term loans
Unit: RMB
Item Amount at period-end Amount at period-begin
Mortgage loans
Collateral loan 4,680,000
Ensure loans
Guarantee loans
Total 0 4,680,000
Explanation on long-term loans:
Nil
(2) Top five long-term loans
Unit: RMB
Amount at period-end Amount at period-begin
Starting date Termination
Unit Currency Rate (%) Foreign Local Foreign Local
for loans date for loans
currency currency currency currency
Total -- -- -- -- -- 0 -- 0
Explanation on long-term loans: if there has long-term loans from undue with expansion obtained, explain the expansion
condition, principle, interest and predicted payment arrange:
Nil
113
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
43. Bond payable
Unit: RMB
Interest Interest
Interest Interest paid
Issuing payable at payable in Balance at
Name Value Issuing date Terms payable in in this
amount period-begi this period-end
this period period
n period-end
Bond payable including convertible corporate bond’s condition and time for shares transfer:
Nil
44.Long-term account payable
(1) Top five long-term account payable
Unit: RMB
Balance at
Unit Term Initial amount Rate (%) Interest reckoned Loan condition
period-end
Deposit of staff
2,588,848.4 2,588,848.4 Interest free
residence
Shenzhen
Workers 1,320,000 1,320,000 Interest free
Commission
Allocation for
technology
11,311.96 11,311.96 Interest free
innovation
projects
(2)Details of financing rent payable in long-term payable
Unit: RMB
Amount at period-end Amount at period-begin
Unit
Foreign currency RMB Foreign currency RMB
Total 0 0 0 0
Amount of guarantee from independent third party for the financing rent of the Company was 0 yuan.
Explanation on long-term payable:
Nil
45. Specific account payable
Unit: RMB
Amount at Increase in this Decrease in Amount at
Item Note
period-begin period this period period-end
Total 0 0 0 0 --
Explanation on specific account payable:
Nil
46. Other non-current liability
Unit: RMB
Item Book balance at period-end Book balance at period-begin
Total 0 0
Other non-current liability, including vary government subsidy related with assets and income as well as its balance at
period-end:
Nil
114
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
47. Share capital
Unit: RMB
Increased (decreased) in this year
Amount at Shares Amount at
period-begin New shares period-end
Bonus shares converted from Other Sub-total
issued
public reserve
Total of shares 220,281,600 0 0 0 0 0 220,281,600
Explanation on share capital changes, if there has capital increase/decrease in reporting period, disclosed the CPA’s name and
verification documents; for company limited within 3 years operation, explain the net assets before establishment; for those
company limited changed from limited liability company, explain the verification condition while established.
Nil
48. Stock shares
Explanation on stock shares:
Nil
49. Specific Reserve
Explanation on specific Reserve:
Nil
50. Capital reserves
Unit: RMB
Decrease during this Amount at
Item Amount at period-begin Increase during this period
period period-end
Capital premium (Share capital
3,024,773.35 3,024,773.35
premium)
Other capital reserve 5,544,678.45 109,986.25 5,434,692.2
Total 8,569,451.8 0 109,986.25 8,459,465.55
Explanation on capital reserve:
Nil
51. Surplus reserves
Unit: RMB
Decrease during this Amount at
Item Amount at period-begin Increase during this period
period period-end
Statutory surplus reserves 2,952,586.32 2,952,586.32
Free surplus reserve
Service fund
Enterprise development fund
Other
Total 2,952,586.32 0 0 2,952,586.32
Explanation on surplus reserve, if share capital converted from surplus reserve, remedy deficit and dividend distributed,
explain relevant resolutions:
Nil
52. General risk provision
Explanation on general risk provision:
Nil
53. Undistributed profits
Unit: RMB
Withdrawal or
Item Amount
Allocation Ratio
Undistributed profits at the end of last year before adjustment -54,437,738.61 --
Adjust the total undistributed profits at the beginning of the year (Increase +, --
115
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Decrease -)
Undistributed profits at the beginning of the year after adjustment -54,437,738.61 --
Increase: The net profits belong to owners of patent company of this period -8,637,314.75 --
Decrease: Withdraw legal surplus reserves
Withdraw free surplus reserves
Withdraw general risk reserves
Handle common stock dividends
Common stock dividends transferred to be capital stock
Undistributed profits at the end of the period -63,075,053.36 --
Details about adjusting the undistributed profits at the beginning of the year:
1) The retroactive adjustments to Accounting Standards for Business Enterprises and its relevant new regulations affect the
undistributed profits at the beginning of the year amounting to 0 Yuan.
2) The changes in accounting policies affect the undistributed profits at the beginning of the year amounting to 0 Yuan.
3) The major accounting error correction affects the undistributed profits at the beginning of the year amounting to 0 Yuan.
4) Merge scope changes caused by the same control affect the undistributed profits at the beginning of the year amounting
to 0 Yuan.
5) Other adjustments affect the undistributed profits at the beginning of the year amounting to 0 Yuan.
The undistributed profits explain that the company initial public offering bonds should clearly state if the accumulated profits
are decided to be shared by old and new shareholders by general meeting of stockholders before issuing; while the company
should clearly disclose that the profits in the dividends payable belong to old shareholders after auditing if the general
meeting of stockholders decides the accumulated profits are allocated and shared by old shareholders before issuing.
Nil
54. Operating income and cost
(1) Operating income and cost
Unit: RMB
Item Amount of this period Amount of last period
Main operating income 193,337,071.35 176,552,777.1
Other operating income 945,596.09 1,494,388.28
Operating cost 162,118,236.89 144,203,262.02
(2) Primary business (By industries)
√ Applicable □ Not Applicable
Unit: RMB
Amount of this period Amount of last period
Industry name
Operating income Operating cost Operating income Operating cost
Auto sales 123,887,663.39 122,648,723.73 106,573,060.42 102,071,280.69
Auto maintenance and repair 22,218,088.03 16,424,636.72 25,100,471.03 20,137,598.95
Property leasing and services 47,231,319.93 22,467,201.82 44,879,245.65 21,137,957.82
Total 193,337,071.35 161,540,562.27 176,552,777.1 143,346,837.46
(3) Primary business (By products)
□Applicable √ Not Applicable
116
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(4) Primary business (By districts)
√ Applicable □ Not Applicable
Unit: RMB
Amount of this period Amount of last period
District
Operating income Operating cost Operating income Operating cost
Shenzhen 193,337,071.35 161,540,562.27 176,552,777.10 143,346,837.46
Total 193,337,071.35 161,540,562.27 176,552,777.10 143,346,837.46
(5) The operating income of the top five customers of the Company
Unit: RMB
The percentage in all operating income of the Company
Customer name Primary business income
(%)
XINGGUANGDA JEWELRY 2,983,930.75 1.54%
Shenzhen Renfu Tellus Auto
3,371,493.78 1.74%
Service Co., Ltd.
Embry Form 1,085,871.26 0.56%
Shenzhen 7 Days Hotel
824,400 0.42%
Management Co., Ltd.
GANGDELONG JEWELRY 768,310.5 0.4%
Total 9,034,006.29 4.66%
Introductions to operating income
Nil
55. Contract item income
□Applicable √ Not Applicable
Introductions to contract item
Nil
56. Business tax and surcharges
Unit: RMB
Item Amount of this period Amount of last period Calculating and payment standards
Consumption tax
Business tax 1,975,617.46 1,886,417.16
City maintenance and construction
283,370.99 253,450.52
tax
Education surcharge 202,459.75 133,265.13
Resources tax
Total 2,461,448.2 2,273,132.81 --
Introductions to business tax and surcharges
Nil
57. Income of fair value changes
Unit: RMB
Sources generating income of fair value changes Amount of this period Amount of last period
117
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Trading financial assets
Thereinto: Income of fair value changes generated
by derivative financial instruments
Trading financial assets liabilities
Investment real estate measured by fair value
Others 0 0
Total 0 0
Introductions to income of fair value changes
Nil
58. Investment income
(1) Particulars about investment income
Unit: RMB
Item Amount of this period Amount of last period
Income of long-term equity investment calculated
48,625.5 33,574.75
based on cost
Income of long-term equity investment calculated
-5,045,829.54 3,904,259.83
based on equity
Investment income obtained from disposal of
long-term equity investment
Investment income obtained during holding trading
financial assets
Investment income obtained during held-to-maturity
investment gaining investment income
Investment income obtained during holding
available-for-sale financial assets
Investment income obtained by handling trading
financial assets
Investment income obtained from held-to-maturity
investment
Investment income obtained from available-for-sale
financial assets
Others
Total -4,997,204.04 3,937,834.58
(2) Income of long-term equity investment calculated based on cost
Unit: RMB
Company name Amount of this period Amount of last period Reasons of change (+,-)
China Merchants Bank shares out
China Merchants Bank 48,625.5 33,574.75
bonus
Total 48,625.5 33,574.75 --
(3) Income of long-term equity investment calculated based on equity
Unit: RMB
Company name Amount of this period Amount of last period Reasons of change (+,-)
Shenzhen Renfu Tellus Auto Service
-4,672,500 4,300,100 Losses in current period
Co., Ltd.
Shenzhen Tellus Gem Investment Co., 219,353.17 -496,350
118
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Ltd.
Shenzhen Dongfeng Automobile Co.,
-35,418.35 349,219.52
Ltd.
The Company has excess loss in
previous year, after the Company
reduces its long-term equity investment
to 0 Yuan, as the Company has
Shenzhen Tellus Auto Service Chain
36,000 -84,000 creditor's rights that can constitute net
Co., Ltd.
investment, invest income of the
Company is confirmed to be 36,000.00
Yuan according to the Company’s
profit status at the current period.
Shenzhen Xinglong Machinery Mould
-158,700 24,000
Co., ltd
Shenzhen Telixing Investment Co., Ltd. 40,150.72 -3,265.6
Shenzhen Auto Industry Import and
-294,715.08 -170,444.09 Losses in current period
Export Co., Ltd.
Shenzhen Tellus Xinyongtong Auto
-20,000 -15,000
Service Chain Co., Ltd.
Shenzhen Xinyongtong Science and
-160,000
Technology Co., Ltd.
Total -5,045,829.54 3,904,259.83 --
Investment income description: It should be introduced if there is significant restrictions to
repatriation of investment income; it also should be introduced if there is no this kind of
significant restrictions.
No
59. Asset impairment loss
Unit: RMB
Item Amount of this period Amount of last period
1. bad debt loss
2. inventory falling price loss
3. impairment loss of available-for-sale financial assets
4. impairment loss of held-to-maturity investment
assets
5. impairment loss of long-term equity investment
6. impairment loss of investment real estate
7. impairment loss of fixed assets
8. impairment loss of project goods and material
9. impairment loss of construction in process
10. impairment loss of productive living beings
11. impairment loss of oil gas
12. impairment loss of intangible assets
13. goodwill impairment loss
14. Others
Total 0 0
60. Non-operating income
(1)
Unit: RMB
Item Amount of this period Amount of last period
119
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
non-current assets disposal gains 17,031.92
thereinto: fixed assets disposal gains 17,031.92
intangible assets disposal gains
debt restructuring gains
exchange of non-monetary assets gains
accepting donations
government grants 0 0
penalty and liquidated damages income 1,773.58 1,532.94
Others 14,776.7 19,861.9
Total 33,582.2 21,394.84
(2) Details of government grants
Unit: RMB
Item Amount of this period Amount of last period Note
Total 0 0 --
Introductions to on-operating income
Nil
61. Non-operating expenditure
Unit: RMB
Item Amount of this period Amount of last period
non-current assets disposal losses 21,255
thereinto: fixed assets disposal losses 21,255
intangible assets disposal losses
debt restructuring losses
exchange of non-monetary assets losses
donations
penalty expenditure 10,480
donations contributed
fixed assets counting losses
others 47.8 148,995
Total 21,302.8 159,475
Introductions to on-operating expenditure
62. Income tax expense
Unit: RMB
Item Amount of this period Amount of last period
current income tax calculated based on tax law and relevant
291,449.28 207,019.5
rules
deferred income tax adjustment
Total 291,449.28 207,019.5
63. The computational process of basic EPS (earnings per share) and diluted EPS
Item Jan-Jun, 2012 Jan-Jun, 2011
120
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
net profits belong to owner of parent -8,637,314.75 502,339.55
company
weighted average of issued common 220,281,600.00 220,281,600.00
stock
basic EPS(RMB per share) -0.039 0.002
diluted EPS (RMB per share) -0.039 0.002
64. Other consolidated income
Unit: RMB
Item Amount of this period Amount of last period
1.gains (losses) amount generated by available-for-sale
-109,986.25 24,312.75
financial assets
subtract: affected by income tax generated by
available-for-sale financial assets
net amount reckoned in other consolidated income at earlier
stage but turned to gains and losses at the current period
subtotal -109,986.25 24,312.75
2. shares shared in other consolidated income of invested
enterprises checked according to the equity law
subtract: affected by income tax generated by shares shared in
other consolidated income of invested enterprises calculated
according to equity law
net amount reckoned in other consolidated income at earlier
stage but turned to gains and losses at the current period
subtotal 0 0
3. gains (losses) amount generated by cash flow hedging
instruments
subtract: affected by income taxes generated by cash flow
hedging instruments
net amount reckoned in other consolidated income at earlier
stage but turned to gains and losses at the current period
subtract: adjustment to initially recognition amount turned to
be hedged items
subtotal 0 0
4.translation differences of foreign currency financial statement
subtract: net amount of overseas operation turns to gains and
losses at current period
subtotal
5. others
subtract: affected by income tax reckoned in other
consolidated income
net amount reckoned in other consolidated income at earlier
stage but turned to gains and losses at the current period
subtotal 0 0
Total -109,986.25 24,312.75
Introductions to other consolidated income
Nil
65. Notes to statement of cash flow
(1) Other cash received in relation to operation activities
Unit: RMB
Item Amount
Contact amount between related parties 30,408,421.9
121
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Deposit and margin received
Interest income 229,096.56
Income from penalty and compensation received 1,773.58
Other income 945,596.09
Total 31,584,888.13
Explanation on other cash received in relation to operation activities
Nil
(2) Other cash paid in relation to operation activitie
Unit: RMB
Item Amount
Contact amount between related parties 29,744,268.28
Expenses of cash paid 4,081,106.83
Expenses of management cash paid 10,495,247.05
Deposit and margin
Total 44,320,622.16
Explanation on other cash paid in relation to operation activitie
Nil
(3) Cash received from other investment activities
Unit: RMB
Item Amount
Bidding margin 250,000
Total 250,000
Explanation on cash received from other investment activities
Nil
(4) Cash paid related with investment activities
Unit: RMB
Item Amount
Quit bidding margin 200,000
Total 200,000
Explanation on cash paid related with investment activities
Nil
(5) Other cash received in relation to financing activities
Unit: RMB
Item Amount
Total 0
Explanation on other cash received in relation to financing activities
Nil
(6) Cash paid related with financing activities
Unit: RMB
Item Amount
Total 0
Explanation on cash paid related with financing activities
Nil
66. Supplementary information to statement of cash flow
(1) Supplementary information to statement of cash flow
Unit: RMB
Supplementary information Amount as at this period Amount as at previous period
1．Net profit adjusted to cash flow of operation activities： -- --
Net profit -10,120,507.22 371,137.09
Add: assets impairment losses 0 0
122
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Depreciation of fixed assets, consumption of oil assets and
7,887,291.46 8,005,473.9
depreciation of productive biology assets
Amortization of intangible assets 28,749.96 28,749.96
Amortization of long-term deferred expenses 289,082.93 330,064.72
Loss from disposal of fixed assets, intangible assets and
14,099.37
other long-term assets(gain is listed with “-”)
Loss of disposing fixed assets(gain is listed with “-”)
Loss from change of fair value(gain is listed with “-”)
Financial expenses (gain is listed with “-”) 4,345,688.02 4,320,901.64
Investment loss (gain is listed with “-”) 4,997,204.04 -3,937,834.58
Decrease of deferred income tax asset( (increase is listed
with “-”)
Increase of deferred income tax liability (decrease is listed
with “-”)
Decrease of inventory (increase is listed with “-”) -12,701,451.47 -1,735,107.85
Decrease of operating receivable accounts (increase is listed
-11,860,517.15 2,960,231.64
with “-”)
Increase of operating payable accounts (decrease is listed
12,085,893.59 -3,876,592.11
with “-”)
Others 309,649.63
Net cash flow arising from operating activities -5,034,466.47 6,776,674.04
2．Material investment and financing not involved in cash
-- --
flow
Liabilities converted to capital
Convertible bond expire in 1 year
Fixed assets leased through financing
3．Net change of cash and cash equivalents： -- --
Balance of cash at period end 39,796,201.86 54,594,020.80
Less: Balance of cash at year-begin 55,926,573.46 64,122,979.84
Plus: Balance of cash equivalents at the period end
Less: Balance of cash equivalent at year-begin
Net increasing of cash and cash equivalents -16,130,371.60 -9,528,959.04
(2) Relevant information about obtaining/disposal of subsidiary and other business unit in report
period
Unit: RMB
Supplementary Amount in this period Amount in last period
I. Relevant information about obtaining subsidiary and
-- --
other business units:
1. Price of obtaining subsidiary and other business units
2. Cash and cash equivalent paid for obtaining subsidiary
and other business units
Less: Cash and cash equivalent held by subsidiary and
other business units
3. Net cash paid for obtaining subsidiary and other business
0 0
unit
4. Net asstes obtained from subsidiary 0 0
Current assets
Non-current assets
Current liability
Non-current liability
123
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
II. Relevant information about disposal of subsidiary and
-- --
other business units:
1. Price of dispoal of subsidiary and other business units
2. Cash and cash equivalent received from dispoal of
subsidiary and other business units
Less: Cash and cash equivalent held by subsidiary and
other business units
3. Net cash received from disposal of subsidiary and other
0 0
business units
4. Disposal of net assets 0 0
Current assets
Non-current assets
Current liability
Non-current liability
(3) Constitution of cash and cash equivalent:
Unit: RMB
Item Balance as at period-end Balance as at period-begin
Ⅰ. Cash 39,796,201.86 55,926,573.46
Including: stock cash 208,811.76 246,498.05
Bank deposit available for payment at any time 38,771,239.85 55,679,936.81
Other monetary fund available for payment at any time 816,150.25 138.6
Account available for payment that saving in central
bank
account save interbank
account split interbanks
Ⅱ. Cash equivalent
Including: bond investment matured within 3 months
Ⅲ、Balance of cash and cash equivalent at year-end 39,796,201.86 55,926,573.46
Explanation on constitution of cash and cash equivalent:
Nil
67. Notes of changes of owners’ equity
Explain the name and ajusted amount in “Other” at end of last period as well as the retroactive adjustement arising from
enterprise combination under same control:
Nil
(VIII) Accounting treatment of assets securitization
1. Explain the main exchange of assets securitization and its accounting treatment and provision of bankruptcy-remote
Nil
2. Subject of special purpose without controlling rights on hand by actually bear the risks
Unit: RMB
Total assets at Total liability at Net assets at
Name Operting income Net profit Note
period-end period-end period-end
(IX) Related Parties and Transactions
1. Parent company of the Company
Unit: RMB
Proportio Proportio Final
Legal
Parent Relations Registrati Business Registere n of n of controller Organizat
Nature representa Currency
company hip on place nature d capital shares voting of the ion code
tive
held to right to Company
124
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
the the
Company Company
(%) (%)
Develop
ment and
controllin operation
Shenzhen 15,828,20 SASAC
g Limited Liu of real 19219419
SDG Co., Shenzhen 0,000,000 CNY 66.22% 66.22% of
sharehold liability Ai’qun estate and 5
Ltd. .00 Shenzhen
er domestic
commerc
e
Explanation on parent company of the enterprise
125
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
2. Subsidiary of the Company
Unit: RMB
Subsidiary Legal Proportion Proportion
Registratio Business Registered Organizati
of the Type Nature representat Currency of shares of voting
n place nature capital on code
Company ive held (%) right (%)
Shenzhen
Auto
Industry Controllin
Trading g Limited Zhang 58,960,000
Shenzhen Commerce CNY 100% 100%
Corporatio liability Ruili .00
n (Auto subsidiary
Industry
Trading)
Shenzhen
SDG
Huari Auto Controllin
Limited Zhang 5,000,000.
Enterprise g Shenzhen Service USD 60% 60%
liability Ruili 00
Co., Ltd. subsidiary
(Huari
Company)
Shenzhen
Zhongtian Controllin
Industrial g Limited Fang 7,250,000.
Shenzhen Service CNY 100% 100%
Co., Ltd. liability Zhidong 00
(Zhongtian subsidiary
Company)
Shenzhen
Huari
Toyota Controllin
Limited 2,000,000.
Auto Sales g Shenzhen Li Jinlong Commerce CNY 60% 60%
liability 00
Co., Ltd. subsidiary
(Huari
Toyota)
Shenzhen
Huari
Anxin
Auto Controllin
Limited 1,500,000.
Inspection g Shenzhen Li Jinlong Service CNY 60% 60%
liability 00
Co., Ltd. subsidiary
(Anxin
Inspection)
*
Shenzhen
Auto
Industry Controllin
Supplying g Limited Cen 11,110,000
Shenzhen Service CNY 100% 100%
Co., Ltd. liability Weimin .00
(Supplying subsidiary
Company)
*
Guangxi
Tellus Controllin
g Limited Ren 5,000,000.
Auto Hezhou Service CNY 60% 60%
liability Yongjian 00
Service subsidiary
Co., Ltd. *
Shenzhen
Tellus
Xinyongto
ng Controllin
Automobil g Limited 32,900,000
Shenzhen Li Jinlong Service CNY 100% 100%
e liability .00
Developm subsidiary
ent Co.
Ltd(Xinyo
ngtong0
126
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen
SD Tellus
Property Controllin
Limited Fang 7,050,000.
Manageme g Shenzhen Service CNY 100% 100%
liability Zhidong 00
nt Co. subsidiary
Ltd(Tellus
Property)
Shenzhen
SD Tellus Controllin
g Limited Fang Manufactu 31,150,000
Real Shenzhen CNY 100% 100%
liability Zhidong re .00
Estate Co. subsidiary
Ltd
Shenzhen
Tellus Real
Estate Controllin
Limited Fang 2,000,000.
Exchange g Shenzhen Service CNY 100% 100%
liability Zhidong 00
Co. subsidiary
Ltd(Excha
nge)
Shenzhen
Xinyongto
ng
Automobil
e Controllin
Limited Huang 19,610,000
Inspection g Shenzhen Service CNY 51% 51%
liability Peibo .00
Equipment subsidiary
Co.
Ltd(Inspec
tion
Company)
Shenzhen
Fairmont
Yong Tong
Motor
Vehicle Controllin
Limited 1,500,000.
Inspection g Shenzhen Li Jinlong Service CNY 95% 95%
liability 00
Limited subsidiary
(Dongchan
g
Inspection)
*
Shenzhen
Xinyongto
ng
Dongxiao
Auto Controllin
Limited
Inspection g Shenzhen Li Jianjun Service 500,000.00 CNY 95% 95%
liability
Co., subsidiary
Ltd.(Dong
xiao
Inspection)
*
Shenzhen
Bao’an
Shiquan Controllin
Industrial g Limited Fang 2,000,000.
Shenzhen Commerce CNY 100% 100%
Co., Ltd. liability zhidong 00
(Shiquan subsidiary
Company)
*
Shenzhen
SDG Controllin
Tellus Real g Limited Manufactu 4,000,000.
Huizhou CNY 100% 100%
Estate liability re 00
subsidiary
Huizhou
Company
127
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(Huizhou
Company)
*
128
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
3. details of joint-venture and affiliated enterprise of the Company
Prop
Equit
ortio
y
n of
prop
votin Total Total
ortio Total Total
Invest Regi g net operatio Net
n assets liability Relati Organ
ed Typ ster Lega Business Register Curr right assets n profit
held at at onshi ization
compa e plac l rep. nature capital ency s in at revenue in this
by period- period- p code
ny e inves period- in this period
the end end
ted end period
Com
comp
pany
any
(%)
(%)
I.
Joint-
-- -- -- -- -- -- -- -- -- -- -- -- -- -- --
ventur
e
Shenz Joint
hen
Industrial
Tellus Li
,
Jimen mit Zhan
Shen property 567,049,6 CN 51,315, 37,037. 51,278, 411,27 67002
g ed g 50% 50%
zhen manage 00,000.00 Y 509.90 07 472.83 5.51 6381
Invest liab Ruili
ment and
ment ility
leasing
Co.,
Ltd
Industrial Joint
Shenz ,
hen property
Li
Tellus manage
mit Luo
Hang Shen ment and 272,000,0 CN 27,619, 238,634 27,380, 600,366. -73,801 68200
ed Boj 50% 50%
Invest zhen auto 00,000.00 Y 528.97 .48 894.49 60 .47 8316
liab un
ment accessor
ility
Co., y
Ltd. purchse
and sales
II.
Affilia
ted -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
enterp
rise
Shenz
hen
Xingl Li
ong mit Zhan export of
Shen 276,333,0 CN 37,662, 5,688,4 31,974, -529,24 Stock 19217
Machi ed g mould 30% 30%
zhen 00,000.00 Y 803.54 66.86 336.68 6.14 jointly 2420
nery liab Ruili process
Mould ility
Co.,
Ltd.
Shenz
hen
Tellus Li
auto
Auto mit Wu
Shen maintena 20,000,00 CN 1,680,4 9,087,4 -7,407, 825,088. 91,536. Stock 76758
Servic ed Yong 40% 40%
zhen nce and 0,000.00 Y 06.58 40.51 033.93 07 62 jointly 3926
e liab gang
leasing
Chain ility
Co.,
Ltd.
Shenz Li sales of
Tan
hen mit Shen Yanli auto and 300,000,0 CN 35% 35%
581,315 409,343 171,972 1,048,11 -13,354 Stock 77413
Zung ed zhen ng maintena 00,000.00 Y ,691.64 ,007.30 ,684.34 7,850.63 ,233.43 jointly 1792
Fu liab nce
129
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Tellus ility
Auto
Servic
e Co.,
Ltd.
Shenz
hen
import
Auto Li
Huan and
Indust mit
Shen g export of 132,500,0 CN 35.7 35.75 54,829, 32,579, 22,250, 5,338,71 -824,37 Stock 19219
ry ed
zhen Weiq auto 00,000.00 Y 5% % 875.15 215.06 660.09 0.92 7.84 jointly 0506
Imp& liab
iang accessori
Exp ility
es
Co.,
Ltd.
Shenz
hen Li productio
Xu
Dongf mit n of auto
Shen Tian 800,000,0 CN 282,791 165,670 117,121 71,244,6 -141,67 Stock 19218
eng ed and 25% 25%
zhen shen 00,000.00 Y ,825.45 ,243.72 ,581.73 75.00 3.41 jointly 689X
Auto liab maintena
g
Co., ility nce
Ltd.
Shenz
hen Security
Xinyo Li technolo
ngton mit Li gy
Shen 16,000,00 CN 3,003,2 1,217,8 1,785,3 3,377,11 119,07 Stock 67480
g ed Jinlo inspectio 31% 31%
zhen 0,000.00 Y 38.27 97.14 41.13 4.50 3.89 jointly 0717
Techn liab ng n for
ology ility auto
Co., vehicles
Ltd.
Shenz
hen
Consulta
Xinyo
n on
ngton
diesel oil
g Li
pump
Oil mit Lan
Shen maintenc 2,500,000 CN 422,655 86,243. 336,412 Stock 67482
Pump ed Zhon 31% 31%
zhen e and ,000.00 Y .80 66 .14 jointly 3599
Enviro liab gxin
environm
nment ility
ent
Protec
technolo
tion
gy
Co.,
Ltd.
Maintena
Shenz nce of
hen auto and
Li
Xinyo motorcyc
mit Li
ngton Shen le; auto 10,000,00 CN 2,748,0 2,112,7 635,261 3,592,20 -91,078 Stock 68376
ed Jianj 30% 30%
g Auto zhen beauty 0,000.00 Y 24.88 63.46 .42 5.81 .67 jointly 659X
liab un
Servic and sales
ility
e Co., of auto
Ltd. accessor
y
Sales of
domestic
Shenz
auto,
hen
products
Tellus Li
and
Xinyo mit Li
Shen accessori 5,000,000 CN 1,554,9 1,313,9 240,980 1,196,30 -260,71 Stock 68376
ngton ed Jinlo 35% 35%
zhen es; auto ,000.00 Y 44.14 63.45 .69 5.07 3.87 jointly 3583
g Auto liab ng
renting,
Servic ility
auto 1st
e Co.,
class
Ltd.
maintena
nce
Shenz Li Shen Li Auto 2nd 10,000,00 CN 40% 40% 4,395,4 3,391,1 1,004,2 2,775,57 223,17 Stock 67858
130
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
hen mit zhen Jianj class 0,000.00 Y 29.84 98.20 31.64 2.74 3.67 jointly 7925
Xinyo ed un mainten
ngton liab ance;sal
g ility es of
Dongx auto
iao accesso
Auto ries
Servic
e Co.,
Ltd.
Shenz Auto
hen manage
Xinyo Li ment ,
ngton mit Lan technolo
Shen 1,600,000 CN 377,159 214,529 162,629 17,000.0 Stock 68539
g ed Zhon gy 30% 30% 560.59
zhen ,000.00 Y .28 .48 .80 0 jointly 3889
Consu liab gxin consultan
ltant ility ; network
Co., maintena
Ltd. nce etc.
Unit: RMB
131
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
4. Particulars about other related parties
other related parties Relationship Organization code
Shenzhen SDG Swarn Industrial Company
Subsidiary of parent company 192473856
Ltd.
Shenzhen Machinery Equipment Imp &
Subsidiary of parent company 19034097X
Exp. Company
Shenzhen SDG Real Estate Co., Ltd. Subsidiary of parent company 279365997
Hong Kong Yujia Investment Co, Ltd. Subsidiary of parent company
Shenzhen Tellus Real Estate Yueyang Co., Subsidiary of parent company
Shenzhen SDG Development Center
Subsidiary of parent company 192260957
Construction Supervision Co., Ltd.
Shenzhen Tellus Yangchun Real Estate
Subsidiary of parent company
Co., Ltd.
Shenzhen Longgang Tellus Real Estate
Subsidiary of parent company
Co., Ltd.
Shenzhen Longgang Giant Industry Zone
Same ultimate controller
Investment Development Cp., Ltd.
Explanation on oher related parties:
5. Related transaction
(1) Statement of commodity purchased and labor service received
Unit: RMB
Amount in this period Amount in last period
Pricing way and Ratio in Ratio in
Related party Content decision making similar similar
Amount Amount
procedures transactio transactio
ns (%) ns (%)
Statement of commodity sales and labor service provided
Unit: RMB
Amount in this period Amount in last period
Pricing way and Ratio in Ratio in
Related party Content decision making similar similar
Amount Amount
procedures transactio transactio
ns (%) ns (%)
(2) Related trusteeship/contract
Statement of related trusteeship/contract
Unit: RMB
Assignee/co Assigner/co Entrusted Entrusted Assts type Starting Terminated Pricing Income Influence
132
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
ntract-out ntractor /contract /contract from dated basisi recognized from the
party assets assets in this income
amount period
Statement of entrusted management and contract
Unit: RMB
Entrusted Income
Assignee/co Entrusted Influence
Assigner/co /contract Starting Terminated Pricing recognized
ntract-out /contract Assts type from the
ntractor assets from dated basisi in this
party assets income
amount period
Explanation on related truster ship and contract
Nil
(3) Related leasing
Leasing-out
Unit: RMB
Pricing Leasing
Leasing
Type of Leasing Amount for Starting Terminated basisi for income
Lessor Lessee income
leasing asses leasing from dated leasing recognized
influence
incme in period
Shenzhen
Shenzhen
Zeng Fu
Tellus House,build Used 41,660,924. Contract Minor
Tellus Auto 2005-01-01 2025-01-01 5,150,000
(Group) ing normally 80 price influence
Service Co.,
Co., Ltd.
Ltd.
Shenzhen
Tellus Shenzhen
Xinyongton Xinyongton
Used Contract Minor
g g Machinery 953,401.61 2008-07-01 2016-06-30 141,700
normally price influence
Automobile Technology
Developme Co., Ltd.
nt Co. Ltd
Shenzhen
Tellus Shenzhen
Xinyongton Xinyongton
House,build Used Contract Minor
g g Auto 410,472.40 2009-04-01 2012-03-31 309,204
ing normally price influence
Automobile Service Co.,
Developme Ltd.
nt Co. Ltd
Shenzhen Shenzhen
House,build Used Contract Minor
Tellus Xinyongton 410,472.40 2012-04-01 2015-03-31 368,100
ing normally price influence
Xinyongton g Auto
133
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
g Service Co.,
Automobile Ltd.
Developme
nt Co. Ltd
Shenzhen
Shenzhen
Tellus
Xinyongton
Xinyongton
g Dongxiao House,build Used Contract Minor
g 858,907.40 2009-04-01 2012-03-31 226,800
Auto ing normally price influence
Automobile
Service Co.,
Developme
Ltd.
nt Co. Ltd
Shenzhen
Shenzhen
Tellus
Xinyongton
Xinyongton
g Dongxiao House,build Used Contract Minor
g 858,907.40 2012-04-01 2015-03-31 270,000
Auto ing normally price influence
Automobile
Service Co.,
Developme
Ltd.
nt Co. Ltd
Shenzhen
Tellus Shenzhen
Xinyongton Xinyongton
Used Contract Minor
g g Auto Machinery 174,345.90 2009-04-01 2012-03-31 60,969
normally price influence
Automobile Service Co.,
Developme Ltd.
nt Co. Ltd
Shenzhen
Shenzhen
Tellus
Xinyongton
Xinyongton
g Dongxiao Used Contract Minor
g Machinery 63,932.31 2009-04-01 2012-03-31 31,800
Auto normally price influence
Automobile
Service Co.,
Developme
Ltd.
nt Co. Ltd
Shenzhen Shenzhen
Tellus Huari
Xinyongton Toyota Auto House,build Used Contract Minor
2011-03-01 2013-02-28 100,000
g Auto Sales ing normally price influence
Service Co., Service Co.,
ltd. Ltd.
Statement of leasing
Unit: RMB
Type of Leasing Amount for Starting Terminated Pricing Leasing Leasing
Lessor Lessee
leasing asses leasing from dated basisi for income income
134
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
leasing recognized influence
incme in period
Explanation on related leasing:
Nil
(4) Related gurantee
Unit: RMB
Whether gurantee
Guarantee provided Gurantee received Gurantee amount Starting from Terminated dated
implemented or not
Explanation on related gurantee
Nil
(5) Borrowed funds from related party
Unit: RMB
Related party Borrowed funds Starting from Terminated dated Note
Borrow-in
Shenzhen SDG
Development Center Capital turnover
5,000,000 2011-11-01 2012-10-31
Construction Supervision provided
Co., Ltd.
Borrow-out
(6) Assets transfer, debt restructure of related party
Unit: RMB
Amount in this period Amount in last period
Pricing way and Ratio in Ratio in
Related party Type Content decision-making similar similar
Amount Amount
procedure transactio transactio
ns (%) ns (%)
(7) Other related transactions
Nil
6. Account receivable/payable for related parties
Account receivable from related parties
Unit: RMB
Item Related parties Amount at period-end Amount at period-begin
Shenzhen Xinyongtong
Account receivable 927,602 850,301
Auto Service Co., ltd.
Shenzhen Xinyongtong
Account receivable 680,400 623,700
Dongxiao Auto Service
135
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Co., ltd.
Shenzhen Tellus Auto
Other account receivable Service Chain Co., Ltd. 740,000 770,000
*1
Shenzhen Xinyongtong
Other account receivable 80,000 80,000
Technology Co., Ltd.
Shenzhen Yongtong
Other account receivable Xinda Inspection 510,609.47 498,893.47
Equipment Co., Ltd.
Shenzhen Xiandao
Other account receivable Chemical New Material 708,072.26 708,072.26
Co., Ltd.
Shenzhen Xinglong
Other account receivable Machinery Mould Co., 1,843,878.06 1,805,961.41
ltd.
Shenzhen Xinyongtong
Other account receivable 177,716.62 267,716.62
Auto Service Co., ltd.
Shenzhen Tellus Hang
Other account receivable 1,172.19 1,172.19
Investment Co., ltd.
Shenzhen Tellus Auto
Other account receivable 6,289,870.92 6,308,670.92
Service Chain Co., ltd.
Account payable for related parties
Unit: RMB
Item Related parties Amount at period-end Amount at period-begin
Short-term loans Shenzhen SDG Co., Ltd. 19,096,287 19,192,388
Shenzhen SDG Development
Short-term loans Center Construction 5,000,000 5,000,000
Supervision Co., Ltd.
Shenzhen SDG Real Estate
Account payable 6,054,855.46 6,054,855.46
Co., Ltd.
Shenzhen SDG Real Estate
Other account payable 335,701.34 335,701.34
Co., Ltd.
Shenzhen SDG Development
Other account payable Center Construction 163,998
Supervision Co., Ltd.
Hong Kong Yujia Investment
Other account payable 1,958,100.87 1,987,638.36
Co., ltd.
Shenzhen SDG Swarn
Other account payable 20,703.25 20,703.25
Industrial Co., Ltd.
136
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen Machinery
Other account payable Equipment Imp& Exp Co., 695,051.82 387,833.7
Ltd.
Other account payable Shenzhen SDG Co., Ltd. 47,079,452.22 46,272,271.96
Shenzhen Longgang Tellus
Other account payable 1,095,742.5 1,095,742.5
Real Estate Co., Ltd.
Shenzhen Tellus Yangchun
Other account payable 476,217.49 476,217.49
Real Estate Co., Ltd.
Shenzhen Xinglong
Other account payable 78,515.56 78,515.56
Machinery Mould Co., ltd.
(X) Share payment
1. Genral particular about share payment
Total vary equity instrument granted by the
Company
Total vary equity instrument vesting by the
Company
Total vary equity instrument expired in this
period
Price of exercise/option range for those shares
offering outside in period-end and their remain
term in contract
Price of exercise for other equity instrument at
period-end and their remains term in contract
Explanation on share payment
2. Share payment settled by equity
Unit: RMB
Determination method for fair value of equity instrument in
granted dated
Determination method for best estimation of vesting equity
instrument
Reasons of major difference in this period over estimation last
period
Share payment accumulated by equity settlement in capital
reserve
Total amount of share payment by equity settlement
Explanation on share payment settled by equity
3. Share payment settled by cash
Unit: RMB
Fair value determine method of liability that bear by the Company
137
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
and calculated by share or other equity instrument
Liability amount accumulated arising from cash payment in
liabilities
Total expenses of shares payment settled by cash
Explanation on share payment settled bycash
4. Service payment for shares
Unit: RMB
Total staff service exchange by share payment
Total other service exchange by share payment
5. Particular about amendment of share payment and its termination
(XI) Contingent events
1. Contingent liability and its financial influence formed by un-settle lawsuits or arbitration
(1) In October of 2005, a lawsuit was brought before Shenzhen Luo Hu District People’s Court by
the Company, which was the recognizor of Jintian Industrial (Group) Co., Ltd. (“Jintian”) to
require Jintian to redress RMB 4,081,830 (principal: RMB 3,000,000, interest: RMB 1,051,380,
legal fare: RMB 25,160 and executive fare: RMB 5,290, which were all dealt as a loss in last
report term.) It was the amount money that was distained forcibly. Till the disclosure date for this
report, Fu Tian District People’s Court had adjudged that the Company won the lawsuit and the
forcible execution had been applied by the Company.
April 2006 Shenzhen Development Bank brought an accusation against Jintian’s overdue loan two
million U.S. dollars and the Company who guaranteed for this loan. The company took on the
principal and all interest. After that, the Company appealed to Shenzhen Luohu District People's
Court, asking Jintian to repay 2,960,490 U.S. dollars and interest. In 2008, it reached Shen Luo
No.937 Civil Reconciliation Agreement (2008) after the mediating action taken by Shenzhen
Luohu District People's Court. The agreement is as follows: If Jintian repay 2,960,490 U.S. dollars
before October 31, 2008, the company will exempt all the interest. If Jintian can not settle the
amount on time, it will pay the penalty in accordance with the People's Bank of China RMB
benchmark lending rate over the same period.
The Company has not yet received the money from Jintian till the disclosure day.
(2) In October of 2005, a lawsuit was brought to Shenzhen Intermediate People’s Court by the
Company, which is the recognizor of bank loan guarantee of Shenzhen Zhong Hao (Group) Co.,
Ltd., to require Zhong Hao to redress RMB 16,620,000 which was finally paid by the Company on
behalf of Zhong Hao(principal: RMB 11,500,000, interest: RMB 5,000,000, legal fare and
evaluating fare: RMB 120,000, which were all dealt as a loss in last report term of the Company.).
Till the disclosure date for this report, Shenzhen Intermediate People’s Court had adjudged that the
Company won the lawsuit and the forcible execution had been applied by the Company.
In 2008, Shenzhen Intermediate People's Court issued the Shen Zhong Fa No. 420 Civil Verdict
(2007). Since the Company failed to provide the property or property clue of Zhong Hao available
for execution, and so did the Court, so the Court suspended the case. After the disappearance of
138
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
the suspension, the Company may apply to the court to recover the execution.
(3) The Company signed a “Guarantee Contract for a limited loan” with Shenzhen Petroleum &
Chemical Limited Company (“Petroleum & Chemical Limited”) Agricultural Bank of China
(ABC) Shenzhen Shangbu Subbranch on 14 December 1995. Our company guaranteed Petroleum
& Chemical Limited to borrow a loan of RMB 57,600,000 from Agricultural Bank of China
Shenzhen Shangbu Subbranch, which would expire on 14 December 2000. On 29 December 2000,
China Agricultural Bank Shenzhen Branch, China Great wall Asset Management Corporation
Shenzhen Branch (“Great Wall Corporation Shenzhen Branch”) and Petroleum & Chemical
Limited signed a “Loan for Investment & Stock Transfer Agreement”. Three parties agreed that
ABC Shenzhen Branch would transfer a loan of RMB 270,000,000 (the above-mentioned loan of
RMB 57,600,000 included), that he provided to Petroleum & Chemical Limited, to Great Wall
Corporation Shenzhen Branch, as a way of investment. In the agreement, they promised that
“From the date on which the contract become effective, Party A, Grate wall Corporation Shenzhen
Branch, will be entitled with the rights as a investor; Party B, ABC Shenzhen Branch, will not be a
lender again. “The agreement will become effective with the signatures of the representatives or
agents from the three parties”. On the same date, Great wall Corporation Shenzhen Branch,
Petroleum & Chemical Limited and Shenzhen Petroleum & Chemical Group Limited Company
(“Petroleum & Chemical Group”) signed an “Agreement”. Three parties agreed that Great wall
Corporation Shenzhen Branch changed his investor’s equity of RMB 270,000,000 in Petroleum &
Chemical Limited as the investment returns in Petroleum & Chemical Group. Meanwhile,
Petroleum & Chemical Group and Great Wall Corporation Shenzhen Branch signed a “Stock
Transfer Contract”. They agreed that Great Wall Corporation Shenzhen Branch would use his
investment returns of RMB 270,000,000 in Petroleum & Chemical Group to invest as a
stockholder in a newly-registered company of Petroleum & Chemical Group. The contract “will
become effective with the signatures and chops from the two parties”.
On 20 August 2004, the Agricultural Bank of China Shenzhen Branch claimed that “Agreement”,
“Loan for Investment & Stock Transfer Agreement” and “Stock Transfer Contract” had not been
carried out. They appealed to the Shenzhen Intermediate People's Court and required the borrower,
Petroleum & Chemical Limited, to repay the loan of RMB 57,600,000, interest of RMB
16,652,286.37, and debt interest and expense of realization of creditors’ right occurred in overdue
period since the judge day. It also required the Company to undertake joint responsibility for all
debt.
On 9 May 2006, the Company received the civil judgment of (2004) Shen Zhong Fa Min No. 437
from Shenzhen Intermediate People’s Court. In its judgment for first instance, Shenzhen
Intermediate People’s Court ordained that the Company should undertake the joint liability of
settlement for the loan of Petroleum & Chemical Limited. The Company shall repay the loan
principal of RMB 57,600,000 and interests to the Agricultural Bank of China Shenzhen Shangbu
Subbranch, within 10 days upon effectiveness of this judgment. If the Company failed to repay in
the regulated time, interest would be doubled according to the interest rate of the overdue time. As
Petroleum & Chemical Limited was delisted and its assets were seized by the creditors, so there
were no assets available for execution. The Company made provision of RMB 87,568,728.57 for
the relevant loss, in accordance with the Accounting Regulations for Business Enterprises.
139
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
The Company refused to accept the above-mentioned verdict and appealed to Guangdong
Provincial High People's Court (hereinafter referred to Guangdong High Court). Guangdong High
Court rejected the appeal and upheld the original verdict by the Civil Judgment [2006] No. 172.
The Company refused to accept the verdict of Guangdong High Court and submitted Civil Retrial
applications and asked for Revocation of Civil Judgment of [2004] No.437 and [2006] No. 172
respectively issued by Shenzhen Intermediate People’s Court and Guangdong High Court.
Guangdong High Court accepted the application for retrial and decided to retrial this case by
issuing Civil Judgment [2007] No.682 on October 16, 2007. During the retrial, the enforcement
execution application presented by China Agricultural Bank Shenzhen Branch to Shenzhen
Intermediate People’s Court has been suspended. And the case had entered the trial supervision
procedure in Guangdong High Court.
The Company received the verdict of Civil Judgment [2008] No.23 from the Guangdong High
Court on 13 January 2010. Maintaining the decision of Civil Judgment [2006] No. 172, and this
judgment was the final decision.
On 7 July 2010, the Company receive Intermediate People’s Court. The civil judgment of [2008]
No.23 from Guangdong High Court, civil judgment of [2006] No.172 and civil judgment of [2004]
No.437 from Shenzhen Intermediate Court have been in legal validity. Pursuit to the application
from Shenzhen Agriculture Bank of China, on 2 July 2010, the Shenzhen Intermediate People’s
Court freed the following shares as: 95% equity of Shenzhen Tefa Tellus Real Estate Development
Co., Ltd., 50% equity of Shenzhen Tellus GEM Investment Co., Ltd.,d a Freezing Notice [2010]
No.534-1 from Shenzhen 60% of Shenzhen Tafa Huari Automobile Enterprise Co., Ltd., 60% of
Shenzhen Huari TOYOTA Automobile Sale Services Co., Ltd. and 35% of Shenzhen Renfu Tellus
Automobile Services Co., Ltd. Held by the Company.
Till reporting day, both parties are negotiating and becoming reconciled.
2. Contingent liability and its financial influence formed from debt gurantee offered to other
units
Nil
Other contingent liability and its financial influence:
Nil
(XII) Commitments
1. large commitments
No material commitmetns need to disclosed for first half year of 2012
2. Commitments made previously
Implementing
(XIII) Subsequent events of balance sheet
1. Explanation on major event after balance sheet date
Unit: RMB
Influence on financial status Reasons for no estimation on
Item Content
and operation results influence amount
2. Profit distribution after balance sheet date
Unit: RMB
140
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Profit or dividend plans to distributed
Profit or dividend declare to distributed which hace been
approved
3. Other explanation after balance sheet date
Nil
(XIV) Other explanations on major event
1. Non-monetary asets exchange
Nil
2. Debt reorganization
Nil
3. Enterprise combination
Nil
4. Leasing
Nil
5. Financial instrument issued outside and convertible to shares in report period
Nil
6.Main content of annuity plan and major changes
Nil
7. Other events needs disclosure
The follow equity held by the Company have all pledge to the bank for 6 million yuan loans: 30%
of Shenzhen Xinglong Machinery Mould Company, 50% of Shenzhen Tellus Hag Investment
Company, 50 % Shenzhen Tellus Jimeng Investment Co., Ltd., 51% of Shenzhen Xingyongtong
Auto Vehicle Inspection Equipment Co., Ltd., 100% of Shenzhen Tellus Real Estate Exchange
Co., Ltd., 100% of Shenzhen SDG Real Estate Co., Ltd., 100% of Shenzhen Tellus Property
Management Co., Ltd, 100% equity of Shenzhen Auto Industry-Trading Corporation and 100% of
Shenzhen Zhongtian Industrial Co., Ltd.
(XV) Principle notes of financial statements of parent company
1. Accounts receivable
(1) Accounts receivable
Unit: RMB
Closing balance Opening balance
Book balance Bad debt reserves Book balance Bad debt reserves
Type
Propo
Proporti Proporti Proporti
Amount rtion Amount Amount Amount
on (%) on (%) on (%)
(%)
single amount is large, and
accounts receivable of
0 0 0 0
single counting and
drawing bad debt reserves
counting and drawing accounts receivable of bad debt reserves by group
141
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
subtotal 0 0% 0 0 0% 0
though the single amount
is not large, accounts
receivable of single 484,803.08 100% 484,803.08 100% 484,803.08 100% 484,803.08 100%
counting and drawing bad
debt reserves
total 484,803.08 -- 484,803.08 -- 484,803.08 -- 484,803.08 --
Introductions to types of accounts receivable
Terminal single amount is large, and accounts receivable of single counting and drawing bad debt
reserves
□Applicable √Not Applicable
In combination, counting and drawing accounts receivable of bad debt reserves by adopting aging
of accounts
□Applicable √Not Applicable
In combination, counting and drawing accounts receivable of bad debt reserves by adopting
balance percentage of approach:
□Applicable √Not Applicable
In combination, counting and drawing accounts receivable of bad debt reserves by adopting other
methods:
□Applicable √Not Applicable
Terminal single amount is not large, but accounts receivable of single counting and drawing bad
debt reserves:
√Applicable □Not Applicable
Unit: RMB
counting and drawing counting and drawing
accounts receivable book balance bad debt reserves
ratio reasons
payment of Shenzhen accounts receivable age
Bijiashan Entertainment 172,000 172,000 100% is long, which will not be
Co., Ltd. taken back by prediction
accounts receivable age
Payments of SEG retail
97,806.64 97,806.64 100% is long, which will not be
sales
taken back by prediction
accounts receivable age
Payments of Guangzhou
86,940 86,940 100% is long, which will not be
Lemin Computer Center
taken back by prediction
accounts receivable age
Payments of other units 128,056.44 128,056.44 100% is long, which will not be
taken back by prediction
142
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total 484,803.08 484,803.08 100% --
(2) Accounts receivable switched back or taken back during the report period
Unit: RMB
switching back or taking
reasons for switching Basis for confirming bad back the counted or Amount switched back
Accounts receivable
back or taking back debt reserves drawn bad debt reserves or taken back
accumulated before
Total -- -- --
Terminal single amount is large, or not large, but counting and drawing bad debt reserves of accounts receivable by
doing impairment test alone:
counting and drawing
accounts receivable book balance bad debt reserves Reasons
ratio
Total -- --
Introductions to accounts receivable, the single amount of which is not large, but the credit risks are large after
combining according to the credit risks characters:
Nil
(3) Accounts receivable should be cancelled after verification during the report period
Unit: RMB
accounts receivable Whether caused by
Unit name Cancelling time Cancelling amount Cancelling reasons
properties related transaction
Total -- -- 0 -- --
Introductions to cancellation of accounts receivable
(4) Shareholder units holding more than 5%(Including 5%)voting shares of the Company in
accounts receivable during the report period
□Applicable √Not Applicable
143
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(5) Properties and contents of other accounts receivable with large amount
(6) Units with top five accounts receivable amount
Unit: RMB
Relationship with the Percentage in accounts
Unit name Amount Age limit
Company receivable amount (%)
Shenzhen Bijiashan
external unit 172,000 Over 3 years 35.48%
Entertainment Co., Ltd.
SEG retail sales external unit 97,806.64 Over 3 years 20.17%
Guangzhou Lemin
external unit 86,940 Over 3 years 17.93%
Computer Center
Lanzhou Dachuan
external unit 37,308 Over 3 years 7.7%
Electronic Company
Sichuan Shentong
external unit 28,764 Over 3 years 5.93%
Computer Company
Total -- 422,818.64 -- 87.21%
(7) Accounts receivable of related party
Unit: RMB
Percentage in accounts
Unit name Relationship with the Company Amount
receivable amount (%)
Total -- 0 0%
(8) Transferring amount is 0 Yuan for accounts receivable not conforming to terminate the
confirmation.
(9) It is required to introduce the relevant transaction arrangement for asset securitization
taking accounts receivables as the standard
2. Other accounts receivable
(1) Other accounts receivable
Unit: RMB
Type Closing balance Opening balance
144
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
book balance bad debt reserves book balance bad debt reserves
Ratio Ratio Ratio Ratio
Amount Amount Amount Amount
(%) (%) (%) (%)
single amount is large, and
other accounts receivable of 39.11 35.69
12,286,623.82 12,286,623.82 100% 12,286,623.82 12,286,623.82 100%
single counting and drawing % %
bad debt reserves
counting and drawing other accounts receivable of bad debt reserves by group
by accounts receivable age 60.95
17,968,287.1 57.2% 1,416,048.22 7.88% 20,983,882.89 1,416,048.22 6.75%
%
60.95
subtotal 17,968,287.1 57.2% 1,416,048.22 7.88% 20,983,882.89 1,416,048.22 6.75%
%
though the single amount is
not large, other accounts
receivable of single counting 1,157,688.2 3.69% 1,157,688.2 100% 1,157,688.2 3.36% 1,157,688.2 100%
and drawing bad debt
reserves
Total 31,412,599.12 -- 14,860,360.24 -- 34,428,194.91 -- 14,860,360.24 --
Introductions to cancellation of accounts receivable
Nil
Terminal single amount is large, and other accounts receivable of single counting and drawing bad
debt reserves
√Applicable □Not Applicable
Unit: RMB
Other accounts counting and drawing
book balance bad debt reserves Reasons
receivable ratio
loan liability to guarantee win a lawsuit, but the
of Shenzhen Zhonghao 5,000,000 5,000,000 100% opposite side has no
(Group) Co., Ltd. assets to implement
accounts receivable age
Loan of Jinbeili Home
2,706,983.51 2,706,983.51 100% is long, which will not be
Appliance Company
taken back by prediction
loan liability to guarantee
of Shenzhen The possibility to take
1,895,712.47 1,895,712.47 100%
Petrochemical Industry back is uncertain
(Group) Co., Ltd.
mortgage obligatory right accounts receivable age
1,212,373.79 1,212,373.79 100%
of Huatong Machinery is long, which will not be
145
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Co., Ltd. taken back by prediction
related loans of Shenzhen accounts receivable age
Xiandao Chemicals and 708,072.26 708,072.26 100% is long, which will not be
New Materials Co., Ltd. taken back by prediction
The possibility to take
others 763,481.79 763,481.79 100%
back is uncertain
Total 12,286,623.82 12,286,623.82 -- --
In combination, counting and drawing other accounts receivable of bad debt reserves by adopting
aging of accounts
√Applicable □Not Applicable
Unit: RMB
Closing balance Opening balance
accounts book balance book balance
receivable age bad debt reserves bad debt reserves
Ratio Ratio
Amount Amount
(%) (%)
With one year
thereinto -- -- -- -- -- --
subtotal within
14,995,828.18 83.46% 0 18,019,423.97 85.87% 0
one year
1-2 years 84,041.64 0.47% 3,802.08 76,041.64 0.36% 3,802.08
2-3 years 106,541.64 0.59% 21,308.32 106,541.64 0.51% 21,308.32
over 3years 2,781,875.64 15.48% 1,390,937.82 2,781,875.64 13.26% 1,390,937.82
3-4 years
4-5 years
over 5 years
Total 17,968,287.1 -- 1,416,048.22 20,983,882.89 -- 1,416,048.22
In combination, counting and drawing other accounts receivable of bad debt reserves by adopting balance
percentage of approach:
□Applicable √Not Applicable
In combination, counting and drawing other accounts receivable of bad debt reserves by adopting other methods:
□Applicable √Not Applicable
Terminal single amount is not large, but other accounts receivable of single counting and drawing bad debt
reserves:
√Applicable □Not Applicable
Unit: RMB
Other accounts book balance bad debt reserves counting and drawing Reasons
146
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
receivable ratio
accounts receivable age
Money used for
217,892.57 217,892.57 100% is long, which will not be
purchasing house by staff
taken back by prediction
accounts receivable age
other units 939,795.63 939,795.63 100% is long, which will not be
taken back by prediction
Total 1,157,688.2 1,157,688.2 100% --
(2) Other accounts receivable switched back or taken back during the report period
Unit: RMB
switching back or taking
reasons for switching Basis for confirming bad back the counted or Amount switched back
Other accounts receivable
back or taking back debt reserves drawn bad debt reserves or taken back
accumulated before
Total -- -- --
Terminal single amount is large, or not large, but counting and drawing bad debt reserves of other accounts
receivable by doing impairment test alone:
counting and drawing
accounts receivable book balance bad debt reserves Reasons
ratio
Total -- --
Introductions to other accounts receivable, the single amount of which is not large, but the credit risks are large
after combining according to the credit risks characters:
Nil
(3) Other accounts receivable should be cancelled after verification during the report period
Unit: RMB
Other accounts Whether caused
Cancelling Cancelling
Unit name receivable Cancelling time by related
amount reasons
properties transaction
Total -- -- 0 -- --
Introductions to cancellation of other accounts receivable
147
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(4) Shareholder units holding more than 5% (Including 5%)voting shares of the Company in
other accounts receivable during the report period
□Applicable √Not Applicable
(5) Properties and contents of other accounts receivable with large amount
(6) Units with top five other accounts receivable amount
Unit: RMB
Relationship with the Percentage in accounts
Unit name Amount Age limit
Company receivable amount (%)
Shenzhen Zhonghao
loan liability to guarantee 5,000,000 Over 3 years 15.92%
(Group) Co., Ltd.
Jinbeili Home Appliance
come-and-go money 2,706,983.51 Over 3 years 8.62%
Company
Shenzhen Petrochemical
Industry (Group) Co., loan liability to guarantee 1,895,712.47 Over 3 years 6.03%
Ltd.
Shenzhen Xinglong
Machinery and Module loans and interests 1,843,878.06 1-3 years 5.87%
Co., Ltd.
debt obligatory right of
debt obligatory right 1,212,373.79 Over 3 years 3.86%
Huatong Machinery
Total -- 12,658,947.83 -- 40.3%
(7) Other accounts receivable of related party
Unit: RMB
Percentage in accounts
Unit name Relationship with the Company Amount
receivable amount (%)
Total -- 0 0%
148
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
(8) Transferring amount is 0 Yuan for other accounts receivable not conforming to
terminate the confirmation.
(9) It is required to introduce the relevant transaction arrangement for asset securitization
taking other accounts receivables as the standard
Nil
3. Long-term equity investment
Unit: RMB
Descripti
on of
Counting
inconfor
and
Share mity of
Vote drawing Cash
increase holding share
Calculatin percentag Impairme impairme dividends
Invested Initial Opening and percentag holding
g Closing e in nt nt at the
units investmen balance decrease e in percentag
methods balance invested reserves reserves current
t costs changes invested e and vote
units (%) at the period
units (%) percentag
current
e in
period
invested
units
Shenzhen
Tefa
Tellus law of 31,152,88 31,152,88 31,152,88
100% 100%
Real cost 8.87 8.87 8.87
Estate
Co., Ltd
Shenzhen
Tefa
Tellus
law of 5,021,970 5,021,970 5,021,970
Property 100% 100%
cost .88 .88 .88
Mangeme
nt Co.,
Ltd
Shenzhen
Tellus
Xinyongt
law of 57,672,88 57,672,88 57,672,88
ong 100% 100%
cost 5.22 5.22 5.22
Automobi
le
Develop
149
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
ment Co.
Ltd
Shenzhen
Zhongtia law of 10,708,62 10,708,62 10,708,62
100% 100%
n Industry cost 2.9 2.9 2.9
Co., Ltd.
Shenzhen
Automobi
le
law of 126,251,0 126,251,0 126,251,0
Industry 100% 100%
cost 71.57 71.57 71.57
Trading
General
Company
Shenzhen
Tefa
Huari
law of 19,224,69 19,224,69 19,224,69
Automobi 60% 60%
cost 2.65 2.65 2.65
le
Enterpris
e Co., Ltd
Shenzhen
Tellus
Real law of
2,000,000 2,000,000 2,000,000 100% 100%
Estate cost
Exchange
Co. Ltd
Shenzhen
Huari
TOYOTA
law of 1,807,411 1,807,411 1,807,411
Automobi 60% 60%
cost .52 .52 .52
le Sales
Service
Co., Ltd.
Shenzhen
Xinyongt
ong
Automobi
law of 10,000,00 10,000,00 10,000,00
le 51% 51%
cost 0 0 0
Inspectio
n
Equipme
nt Co. Ltd
150
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Shenzhen
Tellus
GEM equity 28,352,48 25,433,59 219,353.1 25,652,95
50% 50%
investme law 0 8.67 7 1.84
nt Co.,
Ltd.
Shenzhen
Telixing
equity 13,600,00 8,574,115 8,614,266
Investme 40,150.72 50% 50%
law 0 .46 .18
nt Co.,
Ltd.
Shenzhen
Xinglong
Machiner equity 2,554,392 6,240,588 5,976,888
-263,700 30% 30% 105,000
y law .64 .58 .58
&Module
Co., Ltd.
Shenzhen
Tellus
Auto equity
800,000 40% 40%
Service law
Chain
Co., Ltd.
Shenzhen
Renfu
Tellus equity 10,500,00 65,767,55 -8,172,50 57,595,05
35% 35% 3,500,000
Auto law 0 1.5 0 1.5
Service
Co., ltd
Shenzhen
Xiandao
Chemistr law of 7,256,401 4,751,621 4,751,621 4,751,621
40% 40%
y & New cost .38 .62 .62 .62
Material
Co., ltd
Hunan
Changyan law of 1,810,540 1,810,540 1,810,540
6,900,000 36.55% 36.55%
g Industry cost .7 .7 .7
Co., Ltd.
Shenzhen
law of
Hanli 3,466,000 1,956,000 1,956,000 80% 80% 1,956,000
cost
Ceramic
151
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Co., Ltd.
Shenzhen
Jiecheng law of
3,150,000 3,225,000 3,225,000 45% 45% 3,225,000
Electroni cost
c Co., Ltd
China
Pufa
law of 10,176,61 10,176,61 10,176,61
Machiner 5.3% 5.3%
cost 7.2 7.2 7.2
y Industry
Co., Ltd.
Shenzhen
Jingwei law of
4,000,000 4,000,000 4,000,000 12.5% 12.5% 4,000,000
Industry cost
Co., ltd.
Shenzhen
(Moscow law of
825,000 825,000 825,000 7% 7% 825,000
) Co., cost
Ltd.
Wuhan Law of
Weite cost 640,000 640,000 640,000 640,000
Hotel
Shenzhen
Petroche
mical law of
700,000 700,000 700,000 700,000
Industry cost
(Group)
Co., Ltd.
356,760,4 397,940,1 -8,176,69 389,763,4 17,908,16
Total -- -- -- -- 0 3,605,000
34.83 77.34 6.11 81.23 2.32
Introductions to long-term equity investment
Nil
4. Operating income and cost
(1) Operating income and cost
Unit: RMB
Item Amount of this period Amount of last period
Main operating income 6,998,484.71 6,559,038.23
Other operating income
Operating cost 2,200,025.49 2,025,180.4
152
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
Total
(2) Primary business (By industries)
√Applicable □Not Applicable
Unit: RMB
Amount of this period Amount of last period
Industry name
Operating income Operating cost Operating income
leasing services 6,998,484.71 2,200,025.49 6,559,038.23 2,025,180.4
Total 6,998,484.71 2,200,025.49 6,559,038.23 2,025,180.4
(3) Primary business (By products)
□Applicable √Not Applicable
(4) Primary business (By districts)
□Applicable √Not Applicable
(5) The operating income of the top five customers of the Company
Unit: RMB
The percentage
in all operating
Customer name Primary business income
income of the
Company (%)
Shenzhen Renfu Tellus Auto Service Co., Ltd. 2,575,000.02 1.33%
BAITAI JEWELRY 577,266 0.3%
YIDALONG JEWELRY 319,836 0.16%
XIANGXIA 307,086 0.16%
XINGGUANGDA JEWELRY 214,740 0.11%
Total 3,993,928.02 2.06%
Introductions to operating income
Nil
153
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
5. Investment income
(1) Particulars about investment income
Unit: RMB
Item Amount of this period Amount of last period
Income of long-term equity investment calculated based on
48,625.5 33,574.75
cost
Income of long-term equity investment calculated based on
-4,535,696.11 3,740,484.4
equity
Investment income obtained from disposal of long-term
equity investment
Investment income obtained during holding trading financial
assets
Investment income obtained during held-to-maturity
investment gaining investment income
Investment income obtained during holding available-for-sale
financial assets
Investment income obtained by handling trading financial
assets
Investment income obtained from held-to-maturity
investment
Investment income obtained from available-for-sale financial
assets
Others
Total -4,487,070.61 3,774,059.15
(2) Income of long-term equity investment calculated based on cost
Unit: RMB
Amount of last
Company name Amount of this period Reasons of change (+,-)
period
Dividends of China Merchants Bank 48,625.5 33,574.75 irregularly scheduled cash dividends
Total 48,625.5 33,574.75 --
(3) Income of long-term equity investment calculated based on equity law
Unit: RMB
Company name Amount of the current Amount of the last Reasons for changes (+,-)
154
深圳市特力(集团)股份有限公司 2012 年半年度报告全文
period period
Shenzhen Tellus Auto Service Chain Co.,
36,000 -84,000 profit at current period
Ltd.
Shenzhen Xinglong Machinery and Module
-158,700 24,000 loss at current period
Co., Ltd.
Shenzhen Renfu Tellus Auto Service Co.,
-4,672,500 4,300,100 loss at current period
Ltd.
Shenzhen Tellus GEM Investment Co., ltd 219,353.17 -496,350 profit at current period
Shenzhen Telixing Investment Co., ltd 40,150.72 -3,265.6 profit at current period
Total -4,535,696.11 3,740,484.4 --
Introduction to investment income:
Nil
6. Supplementary information of cash flow statement
Unit: RMB
Supplementary information Amount of the current period Amount of the last period
1. adjust the net profits to be cash flow for operating activities -- --
net profits -9,100,247.37 -997,302.06
Add: assets impairment preparation
fixed assets depreciation, oil-and-gas assets loss , productive living
340,699.90 367,008.62
beings depreciation
intangible assets amortization 23,749.98 23,749.98
long-term deferred expenses amortization
losses from handling fixed assets, intangible assets and assets(profits
fill with “-“ )
loss on retirement of fixed assets(profits fill with “-“ )
fair value change loss(profits fill with “-“ )
financial costs(profits fill with “-“ ) 1,612,023.98 1,948,519.73
investment losses(profits fill with “-“) 4,487,070.61 -3,774,059.15
deferred income tax assets decrease(increases fill with “-“ )
deferred income tax liabilities increase(decreases fill with “-“ )
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
stock decreases(increases fill with “-“ )
operating receivables decrease(increases fill with “-“ ) 3,015,595.79 1,023,025.87
operating payables increase(decreases fill with “-“ ) 3,411,679.46 5,145,455.89
Others
cash flow net amount generated by operating activities 3,790,572.35 3,736,398.88
2． significant investment financial activities not involving and cash
-- --
deposit and withdrawal
debt turns to capital
convertible bonds due in one year
fixed assets financed by leasing
3．net changes of cash and cash equivalents -- --
ending balance of cash 88,905.84 450,112.02
decrease: opening balance of cash 64,442.86 324,541.62
increase: ending balance of cash equivalents
decrease: opening balance of cash equivalents
net increase of cash and cash equivalents 24,462.98 125,570.40
7. Assets and liabilities enter into the account book with assessed value by counter purchase
Unit: RMB
Assets and liabilities enter into the account book with
assessed value Original book value
assessed value
Assets
Liabilities
(XVI) Supplementary Information
1. REO (Rate of return on common stockholders’ equity and earnings per share
Unit: RMB
Rates of return on weighted Earnings per share
Profits during report period
average net assets（%） Basic EPS diluted EPS
net profits belong to common stock
-4.99% -0.0392 -0.0392
stockholders of the Company
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
net profits belong to common stock
stockholders of the Company after deducting -5.02% -0.0394 -0.0394
nonrecurring gains and losses
2. Abnormalities and reasons of the accounting statement items of the Company
Items Amount at the Amount at the Increasing and Increasing Description
end of the beginning of the decreasing and
period period amouunt decreasing
scope
other receivable 25,247,513.36 11,043,423.52 14,204,089.84 128.6% open credit increases
Stock 42,919,798.18 30,218,346.71 12,701,451.47 42.0% prepared inventory vehicles
increase
advance payment 9,917,329.11 12,953,848.48 -3,036,519.37 -23.4% settle accounts of prepaid vehicle
payment
construction in process 3,565,461.92 2,461,073.03 1,104,388.89 44.9% boost the construction of Shuibei
Jewelry industrial park
Items Amount of the Amount at the Increasing and Increasing Description
current period same period of decreasing and
last year amouunt decreasing
scope
non-operating expenditure 21,302.80 159,475.00 -138,172.20 -86.6% amount of non-operating
expenditures and other items is
large
other consolidated income -109,986.25 24,312.75 -134,299.00 552.4% market value of financial assets
available for sale changes
net cash flow generated by -5,034,466.47 6,776,674.04 -11,811,140.51 174.3% come and go funds decrease
operating activities compared with same period of
last year
net cash flow generated by 1,463,630.64 -1,480,669.66 2,944,300.30 198.8% bonuses obtained from
investing activities investment increase at current
period
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深圳市特力(集团)股份有限公司 2012 年半年度报告全文
IX File catalog for future reference
File catalog for future reference
1. Semi-annual reports with the president’s own signature;
2. Financial report with signature of legal representative, finance employee in charge and
accountant in charge;
3. The original manuscripts of all documents and announcements of the Company publicly
disclosed on newspapers appointed by China Securities Regulatory Commission during the report
period;
4. The articles of association of the Company passed by the latest general meeting of
stockholders.
Chairman:Zhang Ruili
Submit date approved by the board of directors: 16 August 2012
158
