Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
The Third Quarterly Report For 2012
I. Important Notes
Board of Directors and the Supervisory Committee of Shenzhen Tellus Holding Co., Ltd.
(hereinafter referred to as the Company) and its directors, supervisors and senior executives hereby
confirm that there are no any fictitious statements, misleading statements, or important omissions
carried in this report, and shall take all responsibilities, individual and/or joint, for the reality,
accuracy and completion of the whole contents.
All directors of the Company are attended the Meeting for quarterly report deliberation.
Zhang Ruili, Principal of the Company; Luo Bojun, Person in Charge of Accounting Work; CFO Fu
Bin and Ke Wensheng, Person in Charge of Accounting Organization (Accounting Officer) hereby
confirm that the Financial Report of the Third Quarterly Report is true and complete.
II. Company Profile
(I) Major accounting data and financial indexes
Whether retroactive adjusted on previous financial report or not
□Yes √ No □Not applicable
Increase/decrease in this
2012.9.30 2011.12.31 period-end over period-end
of last year (%)
Total assets (RMB) 630,359,346.83 570,693,268.15 10.46%
Owners’ equities
attributable to the
169,831,054.79 177,365,899.51 -4.25%
shareholders of listed
company (RMB)
Share capital (Share) 220,281,600.00 220,281,600.00
Net assets per share
attributable to the
0.771 0.805 -4.25%
shareholders of listed
company (RMB/Share)
Increase/decrease Increase/decrease
July- September of January-
over the same period over the same period
2012 September of 2012
of the last year (%) of the last year (%)
Total operating income
110,208,829.79 3.17% 304,491,497.23 6.89%
(RMB)
Net profit attributable to
the shareholders of listed 1,300,445.28 -7,336,869.47
company (RMB)
Net cash flow arising
from operating activities -- -- -5,625,542.69
(RMB)
Net cash flow arising
from operating activities -- -- -0.0255
per share (RMB/Share)
Basic earnings per share
0.0059 -0.0333
(RMB/Share)
Diluted earnings per
0.0059 -0.0333
share (RMB/Share)
Weighted average return 0.77% -4.23%
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
on equity (%)
Weighted average return
on equity after deducting
0.78% -4.22%
non-recurring gains and
losses (%)
Items and amount with non-recurring gains/losses deducted
√Applicable □ Not applicable
Amount from
Item year-begin to Note
period-end (RMB)
Mainly refers to the losses from
Gains and losses from disposal of non-current
-18,383.43 disposal of fixed assets by Huari
assets
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
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 charge received from
non-financial enterprises that reckon into current 57,083.31 associated 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
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
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
6,496.74
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 45,196.62 --
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 of self-operation
status
Amount involved
Item Note
(RMB)
(II) Total shareholders at period-end and top ten shareholders
Total number of
shareholders 17,718
at the end of report period
Particulars about the shares held by the top ten shareholders with unrestricted conditions
Amount of unrestricted Type/amount of shares
Shareholders
shares held at period-end Type Amount
Shenzhen SDG Co., Ltd. 131,283,504 RMB common share 131,283,504
TEACHER
RETIREMENT SYSTEM 1,151,200 Domestically listed foreign share 1,151,200
OF TEXAS TRB2
Ling Fengyuan 512,858 Domestically listed foreign share 512,858
THE FISRT SHANGHAI
507,478 Domestically listed foreign share 507,478
SECURITIES CO., LTD.
Zhang Xiaoming 463,961 RMB common share 463,961
Kan Hui 369,126 RMB common share 369,126
Wang Shaoying 338,498 Domestically listed foreign share 338,498
Chen Shufen 308,300 RMB common share 308,300
He Xin 304,500 Domestically listed foreign share 304,500
Qiu Junfei 266,600 RMB common share 266,600
Explanation on
shareholders
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
III. Significant events
(I) Particulars about material changes in items of main accounting statement and financial
index, and explanations of reasons
√Applicable □Not applicable
Amount at Amount at
Item +,- amount +,- scope Note
period-end period-begin
Account paid in Account for vehicles purchased
31,988,600.88 12,953,848.48 19,034,752.40 146.9%
advance paid in advance increased
Other account
29,333,430.29 11,043,423.52 18,290,006.77 165.6% Business-running funds increased
receivable
Inventory 47,012,759.45 30,218,346.71 16,794,412.74 55.6% Auto’s inventory increased
Construction in Continues investment in
5,305,738.68 2,461,073.03 2,844,665.65 115.6%
progress un-completed construction
Short-term loans 64,081,155.00 42,792,388.00 21,288,767.00 49.7% Short-term loans incresed
Other account payable 124,348,473.55 94,803,075.42 29,545,398.13 31.2% Business-running funds increased
Non-current liability Long-term loans with one year due
6,000,000.00 88,020,000.00 -82,020,000.00 -93.2%
due within one yera was paid
Amount at same
Amount at this
Item period of last +,- amount +,- scope Note
period
yera
Accrual of investment gains in
Investment gains -2,067,805.33 3,965,906.54 -6,033,711.87 -152.14% Zung Fu by equity method
decreased
Gains from disposal of fixed assets
Non-operating income 69,123.97 39,353.02 29,770.95 75.7%
increased in this period
Other items of non-operating
Non-operating
81,010.66 159,475.00 -78,464.34 -49.2% expenditure increased at same
expenditure
period of last year
Net cash flow arising Cash received from goods sales and
from operating -5,625,542.69 -19,262,330.04 13,636,787.35 - labor service provided increased in
activities this period
Net cash flow arising
from financing 8,868,006.27 -13,268,637.82 22,136,644.09 - Bank loans increased in this period
activities
(II) Progress of significant events, their influences, and analysis and explanation of their
solutions
1. Qualified opinion
√Applicable □ Not applicable
The company's auditing agency---China Audit International Certified Public Accountants LTD.
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, Tellus Group has not signed the agreement with Agriculture Bank of China of Shenzhen
that the reconciliation of Tellus 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.
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
2. Particular about fund offers to controlling shareholders or associated parties and external
guarantee that against the regulation.
□Applicable √ Not applicable
3. Particular about signing and implementation on significant contracts of ordinary
management.
□Applicable √ Not applicable
4. Other
□Applicable √Not applicable
(III) 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
Com
Imple
Commitment mitm
Commitments Accepter Contents ment
date ent
ation
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
Shenzhen Imple
level of Tellus).
Share Merger Reform SDG Co., 2005-12-29 menti
(3) The administration level would abide by
Ltd. ng
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
losses suffered thereafter”.
(5) SDG declared: “The Promiser would
dutifully fulfill its commitments and
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
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
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
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 acquisition or N/A
equity change
Commitments in assets
N/A
replacement
Commitments made in
N/A
issuing
Other commitments for
medium and small N/A
shareholders
Completed on time or
√Yes □No □Not applicable
not
Detail reasons for
un-complement and N/A
further plan
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Whether made a
promise to horizontal
competition and related □Yes □No √Not applicable
transactions that resulted
or not
Solution term promised N/A
Solution way N/A
Complementation Implementing
(IV) Estimation of operation performance for year of 2012
Estimation of accumulative net profit from the beginning of the year to the end of next report period
to be loss probably or the warning of its material change compared with the corresponding period of
the last year and explanation of reason
□Applicable √Not applicable
(V) Particulars about other significant events which needed explanations
1. Particular about security investment
□Applicable √Not applicable
2. Particulars about derivatives investment
□Applicable √Not applicable
3. Particulars about the positions of derivatives investment at the end of report period
□Applicable √Not applicable
4. Registration form of receiving research, communication and interview in the report period
Content
discussed and
Date Place Way Type Object
documents
provided
5. Corporate bond issuance
Whether corporate bond issued or not
□ Yes √ Not
IV. Appendix
(I) Financial statement
Whether consolidated statement or not:
√ Yes □ No
Unless otherwise, currency for this statement refers to CNY (RMB)
1. Consolidated Balance Sheet
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 65,496,362.36 55,926,573.46
Settlement provisions
Capital lent
Transaction finance asset
Notes receivable
Accounts receivable 7,247,651.00 6,926,224.94
Accounts paid in advance 31,988,600.88 12,953,848.48
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 29,333,430.29 11,043,423.52
Purchase restituted finance asset
Inventories 47,012,759.45 30,218,346.71
Non-current asset due within one
year
Other current assets
Total current assets 181,078,803.98 117,068,417.11
Non-current assets:
Granted loans and advances
Finance asset available for sales 1,176,274.00 1,374,249.25
Held-to-maturity investment 121,300.00 121,300.00
Long-term account receivable 2,311,548.75 2,341,645.69
Long-term equity investment 146,675,804.82 143,657,138.71
Investment real estate 104,491,857.16 108,421,268.41
Fixed assets 158,436,359.71 164,608,682.41
Construction in progress 5,305,738.68 2,461,073.03
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 120,963.60 164,088.54
Expense on Research and
Development
Goodwill
Long-term expenses to be
1,012,174.65 846,883.52
apportioned
Deferred income tax asset 29,628,521.48 29,628,521.48
Other non-current asset
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Total non-current asset 449,280,542.85 453,624,851.04
Total assets 630,359,346.83 570,693,268.15
Current liabilities:
Short-term loans 64,081,155.00 42,792,388.00
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Notes payable 2,068,428.96
Accounts payable 44,073,195.07 22,950,543.71
Accounts received in advance 9,716,226.31 2,070,889.22
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 8,759,006.42 13,285,537.39
Taxes payable 6,859,632.30 7,627,833.60
Interest payable
Dividend payable
Other accounts payable 124,348,473.55 94,803,075.42
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due within 1
6,000,000.00 88,020,000.00
year
Other current liabilities
Total current liabilities 265,906,117.61 271,550,267.34
Non-current liabilities:
Long-term loans 79,000,000.00 4,680,000.00
Bonds payable
Long-term account payable 3,920,160.36 3,920,160.36
Special accounts payable
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
Total non-current liabilities 172,081,348.79 97,761,348.79
Total liabilities 437,987,466.40 369,311,616.13
Owner’s equity (or shareholders’
equity):
Paid-up capital (or share capital) 220,281,600.00 220,281,600.00
Capital public reserve 8,371,476.55 8,569,451.80
Less: Inventory shares
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit -61,774,608.08 -54,437,738.61
Balance difference of foreign
currency translation
Total owner’s equity attributable to
169,831,054.79 177,365,899.51
parent company
Minority interests 22,540,825.64 24,015,752.51
Total owner’s equity(or
192,371,880.43 201,381,652.02
shareholders’ equity)
Total liabilities and owner’s
630,359,346.83 570,693,268.15
equity(or shareholders’ equity)
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
2. Balance Sheet of parent company
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 2,953,626.89 64,442.86
Transaction finance asset
Notes receivable
Accounts receivable
Accounts paid in advance
Interest receivable
Dividend receivable
Other receivables 35,775,763.05 19,567,834.67
Inventories
Non-current asset due within one
year
Other current assets
Total current assets 38,729,389.94 19,632,277.53
Non-current assets:
Finance asset available for sales 1,176,274.00 1,374,249.25
Held-to-maturity investment
Long-term account receivable 2,311,548.75 2,341,645.69
Long-term equity investment 374,779,828.95 380,032,015.02
Investment real estate 59,625,620.76 61,849,532.64
Fixed assets 18,885,967.12 19,484,310.81
Construction in progress 186,894.60 164,326.32
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 89,296.86 124,921.83
Expense on Research and
Development
Goodwill
Long-term expenses to be
117,203.44 52,590.22
apportioned
Deferred income tax asset 14,094,084.22 14,094,084.22
Other non-current asset
Total non-current asset 471,266,718.70 479,517,676.00
Total assets 509,996,108.64 499,149,953.53
Current liabilities:
Short-term loans 24,544,160.00 14,544,160.00
Transaction financial liabilities
Notes payable
Accounts payable
Accounts received in advance
Wage payable 107,799.34 3,056,874.78
Taxes payable 273,977.89 281,051.07
Interest payable
Dividend payable
Other accounts payable 244,429,854.21 221,249,246.62
Non-current liabilities due within 1
6,000,000.00 41,480,000.00
year
Other current liabilities
Total current liabilities 275,355,791.44 280,611,332.47
Non-current liabilities:
Long-term loans 30,000,000.00 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 117,867,677.33 92,547,677.33
Total liabilities 393,223,468.77 373,159,009.80
Owner’s equity (or shareholders’
equity):
Paid-up capital (or share capital) 220,281,600.00 220,281,600.00
Capital public reserve 5,178,053.27 5,376,028.52
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Less: Inventory shares
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
General risk reserve
Retained profit -111,639,599.72 -102,619,271.11
Balance difference of foreign
currency translation
Total owner’s equity(or
116,772,639.87 125,990,943.73
shareholders’ equity)
Total liabilities and owner’s
509,996,108.64 499,149,953.53
equity(or shareholders’ equity)
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
3. Consolidated Profit Statement (this report period)
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Item Amount in this period Amount in last period
I. Total operating income 110,208,829.79 106,827,513.58
Including: Operating income 110,208,829.79 106,827,513.58
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 112,314,052.20 109,433,240.61
Including: Operating cost 92,800,282.25 89,360,689.46
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 1,269,228.40 1,242,084.29
Sales expenses 5,577,422.40 5,798,499.57
Administration expenses 10,405,910.41 10,576,673.05
Financial expenses 2,261,208.74 2,455,294.24
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Investment income (Loss is listed
2,929,398.71 28,071.96
with “-”)
Including: Investment income on
2,929,398.71 3,954,724.48
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed
824,176.30 -2,577,655.07
with “-”)
Add: Non-operating income 35,541.77 17,958.18
Less: Non-operating expense 59,707.86
Including: Disposal loss of
44,264.30 0
non-current asset
IV. Total Profit (Loss is listed with
800,010.21 -2,559,696.89
“-”)
Less: Income tax expense 151,299.33 136,038.76
V. Net profit (Net loss is listed with
648,710.88 -2,695,735.65
“-”)
Including: net profit realized
before consolidation by mergered
party
Net profit attributable to owner’s of
1,300,445.28 -2,136,576.17
parent company
Minority shareholders’ gains and
-651,734.40 -559,159.48
losses
VI. Earnings per share -- --
i. Basic earnings per share 0.0059 -0.0097
ii. Diluted earnings per share 0.0059 -0.0097
VII. Other consolidated income -87,989.00 -226,919.00
VIII. Total comprehensive income 560,721.88 -2,922,654.65
Total consolidated income
attributable to owners of parent 1,212,456.28 -2,363,495.17
company
Total consolidated income
-651,734.40 -559,159.48
attributable to minority 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: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
4. Profit Statement of parent company (this report period)
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Items Amount in this period Amount in last period
I. Operating income 3,628,501.23 3,291,110.06
Less: operating cost 951,467.45 978,100.20
Operating tax and extras 203,196.07 190,861.20
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Sales expenses
Administration expenses 4,012,434.88 3,951,874.59
Financial expenses 1,279,897.17 1,018,628.31
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
2,898,413.10 4,207,199.68
with “-”)
Including: Investment income on
2,898,413.10 3,769,452.20
affiliated company and joint venture
II. Operating profit (Loss is listed
79,918.76 1,358,845.44
with “-”)
Add: Non-operating income
Less: Non-operating expense
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
79,918.76 1,358,845.44
“-”)
Less: Income tax expense
IV. Net profit (Net loss is listed with
79,918.76 1,358,845.44
“-”)
V. Earnings per share -- --
i. Basic earnings per share
ii. Diluted earnings per share
VI. Other consolidated income -87,989.00 -226,919.00
VII. Total comprehensive income -8,070.24 1,131,926.44
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
5. Consolidated profit statement (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Item Amount in this period Amount in last period
I. Total operating income 304,491,497.23 284,874,678.96
Including: Operating income 304,491,497.23 284,874,678.96
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 311,440,852.94 290,702,003.82
Including: Operating cost 254,918,519.14 233,563,951.48
Interest expense
Commission charge and commission
expense
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Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
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 3,730,676.60 3,515,217.10
Sales expenses 15,351,773.30 16,052,874.89
Administration expenses 30,779,170.61 30,793,764.47
Financial expenses 6,660,713.29 6,776,195.88
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
-2,067,805.33 3,965,906.54
with “-”)
Including: Investment income on
-2,116,430.83 7,858,984.31
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed
-9,017,161.04 -1,861,418.32
with “-”)
Add: Non-operating income 69,123.97 39,353.02
Less: Non-operating expense 81,010.66 159,475.00
Including: Disposal loss of
65,519.30 0
non-current asset
IV. Total Profit (Loss is listed with
-9,029,047.73 -1,981,540.30
“-”)
Less: Income tax expense 442,748.61 343,058.26
V. Net profit (Net loss is listed with
-9,471,796.34 -2,324,598.56
“-”)
Including: net profit realized
before consolidation by mergered
party
Net profit attributable to owner’s of
-7,336,869.47 -1,634,236.62
parent company
Minority shareholders’ gains and
-2,134,926.87 -690,361.94
losses
VI. Earnings per share -- --
i. Basic earnings per share -0.0333 -0.0074
ii. Diluted earnings per share -0.0333 -0.0074
VII. Other consolidated income -197,975.25 -202,606.25
VIII. Total comprehensive income -9,669,771.59 -2,527,204.81
Total consolidated income
attributable to owners of parent -7,534,844.72 -1,836,842.87
company
15
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Total consolidated income
-2,134,926.87 -690,361.94
attributable to minority 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: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
6. Profit Statement of parent company (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
Items Amount in this period Amount in last period
I. Operating income 10,626,985.94 9,850,148.29
Less: operating cost 3,151,492.94 3,003,280.60
Operating tax and extras 595,111.23 551,608.31
Sales expenses
Administration expenses 11,428,512.48 10,954,415.08
Financial expenses 2,883,540.39 2,966,031.65
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
-1,588,657.51 7,981,258.83
with “-”)
Including: Investment income on
-1,637,283.01 7,509,936.60
affiliated company and joint venture
II. Operating profit (Loss is listed
-9,020,328.61 356,071.48
with “-”)
Add: Non-operating income 5,471.90
Less: Non-operating expense
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
-9,020,328.61 361,543.38
“-”)
Less: Income tax expense
IV. Net profit (Net loss is listed with
-9,020,328.61 361,543.38
“-”)
V. Earnings per share -- --
i. Basic earnings per share
ii. Diluted earnings per share
VI. Other consolidated income -197,975.25 -202,606.25
VII. Total comprehensive income -9,218,303.86 158,937.13
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
7. Consolidated Cash Flow Statement (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
Unit: RMB
16
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Item Amount in this period Amount in last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 348,535,399.61 281,498,363.96
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
48,184,668.47 57,866,544.79
operating activities
Subtotal of cash inflow arising from
396,720,068.08 339,364,908.75
operating activities
Cash paid for purchasing
commodities and receiving labor 279,191,865.03 246,838,580.58
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 38,645,593.26 41,070,945.58
Taxes paid 17,461,953.74 14,755,872.96
Other cash paid concerning
67,046,198.74 55,961,839.67
operating activities
Subtotal of cash outflow arising
402,345,610.77 358,627,238.79
from operating activities
Net cash flows arising from
-5,625,542.69 -19,262,330.04
operating activities
II. Cash flows arising from investing
activities:
Cash received from recovering
17
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
investment
Cash received from investment
3,653,625.50 5,721,322.23
income
Net cash received from disposal of
fixed, intangible and other long-term 6,241,000.00 270.00
assets
Net cash received from disposal of
7,431,600.00
subsidiaries and other units
Other cash received concerning
250,000.00
investing activities
Subtotal of cash inflow from
10,144,625.50 13,153,192.23
investing activities
Cash paid for purchasing fixed,
3,508,143.79 3,916,507.99
intangible and other long-term assets
Cash paid for investment 1,200,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries
and other units
Other cash paid concerning investing
308,960.00
activities
Subtotal of cash outflow from
3,817,103.79 5,116,507.99
investing activities
Net cash flows arising from
6,327,521.71 8,036,684.24
investing activities
III. Cash flows arising from
financing activities
Cash received from absorbing
660,000.00
investment
Including: Cash received from
absorbing minority shareholders’ 660,000.00
investment by subsidiaries
Cash received from loans 204,200,000.00 22,000,000.00
Cash received from issuing bonds
Other cash received concerning
28,364.02
financing activities
Subtotal of cash inflow from
204,860,000.00 22,028,364.02
financing activities
Cash paid for settling debts 190,509,251.67 30,480,834.00
Cash paid for dividend and profit
5,482,742.06 4,816,167.84
distributing or interest paying
Including: Dividend and profit of
minority shareholder paid by
subsidiaries
Other cash paid concerning
financing activities
Subtotal of cash outflow from
195,991,993.73 35,297,001.84
financing activities
Net cash flows arising from
8,868,006.27 -13,268,637.82
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
9,569,788.90 -24,497,400.36
equivalents
18
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Add: Balance of cash and cash
55,926,573.46 69,122,979.84
equivalents at the period -begin
VI. Balance of cash and cash
65,496,362.36 44,625,579.48
equivalents at the period -end
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
8. Cash Flow Statement of parent company (year-begin to end of this period)
Prepared by Shenzhen Tellus Holding Co., Ltd
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 371,040.00 562,701.44
services
Write-back of tax received
Other cash received concerning
72,161,072.39 17,843,073.55
operating activities
Subtotal of cash inflow arising from
72,532,112.39 18,405,774.99
operating activities
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 8,317,965.18 8,559,834.63
Taxes paid 2,344,970.57 2,207,090.80
Other cash paid concerning
56,441,143.79 2,640,021.76
operating activities
Subtotal of cash outflow arising
67,104,079.54 13,406,947.19
from operating activities
Net cash flows arising from
5,428,032.85 4,998,827.80
operating activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
48,625.50 471,322.23
income
Net cash received from disposal of
fixed, intangible and other long-term
assets
Net cash received from disposal of
subsidiaries and other units
Other cash received concerning
investing activities
Subtotal of cash inflow from
48,625.50 471,322.23
investing activities
Cash paid for purchasing fixed,
57,014.28 72,861.64
intangible and other long-term assets
Cash paid for investment
Net cash received from subsidiaries
and other units
19
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Other cash paid concerning investing
activities
Subtotal of cash outflow from
57,014.28 72,861.64
investing activities
Net cash flows arising from
-8,388.78 398,460.59
investing activities
III. Cash flows arising from
financing activities
Cash received from absorbing
investment
Cash received from loans 60,000,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from
60,000,000.00 0.00
financing activities
Cash paid for settling debts 60,160,000.00 3,360,000.00
Cash paid for dividend and profit
2,370,480.21 2,102,695.50
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from
62,530,480.21 5,462,695.50
financing activities
Net cash flows arising from
-2,530,480.21 -5,462,695.50
financing activities
IV. Influence on cash and cash
equivalents due to fluctuation in 20.17
exchange rate
V. Net increase of cash and cash
2,889,184.03 -65,407.11
equivalents
Add: Balance of cash and cash
64,442.86 324,541.62
equivalents at the period -begin
VI. Balance of cash and cash
2,953,626.89 259,134.51
equivalents at the period -end
Legal representative: Zhang Ruili
Person in charge of accounting works: Luo Bojun
Chief Financial Officer: Fu Bin
Person in charge of accounting institution: Ke Wensheng
(II) Auditing Report
Auditing Opinion N/A
Text of auditing report
Nil
20
Shenzhen Tellus Holding Co., Ltd. The Third Quarterly Report for 2012 (Full-text)
Chairman of the Board: Zhang Ruili
Board of Directors of
ShenZhen Tellus Holding Co., Ltd.
October 22, 2012
21
