Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Shenzhen Tellus Holding Co., Ltd.
First Quarterly Report 2013
April 2013
1
Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Section 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 should guarantee the reality, accuracy and
completion of the quarterly report, there are no any fictitious statements, misleading statements or important
omissions carried in this report, and shall take legal responsibilities, individual and/or joint.
Zhang Ruili, Person in charge of the Company, Luo Bojun, person in charger of accounting works, CFO Fu Bin
and Ke Wensheng, person in charger of accounting organ (accounting officer) hereby confirm that the Financial
Report of this Quarterly Report is authentic, accurate and complete.
All Directors are attended the Board Meeting for Quarterly Report deliberation.
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Section II. Main financial data and changes of shareholders
I. Main financial data
Whether has retroactive adjustment or re-statement on financial data of previous’ period in this report or not
□Yes √ No
Changes of this period over
Jan. – March 2013 Jan. – March 2012
same period of last year (%)
Operating income (RMB) 111,783,990.45 95,887,355.30 16.58%
Net profit attributable to shareholders of
4,533,841.25 -2,215,133.02
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting -2,613,488.92 -2,209,157.83
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-4,583,172.09 -15,234,783.72
activities(RMB)
Basic earnings per share (RMB/Share) 0.0206 -0.0101
Diluted earnings per share (RMB/Share) 0.0206 -0.0101
Weighted average ROE (%) 2.43% -1.26%
Changes of this period-end
2013-3-31 2012-12-31 over same period-end of last
year (%)
Total assets (RMB) 630,434,380.25 644,911,292.00 -2.24%
Net assets attributable to shareholder of
189,079,574.86 184,675,401.61 2.38%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
Unit: RMB
Amount from year-begin to
Item Note
period-end
Including disposal income RMB
7,047,484.48 from selling the real
Gains/losses from the disposal of non-current asset (including the estate from subsidiary Auto
7,207,310.35
write-off that accrued for impairment of assets) Industrial and Trading
Company—9 sets of property
locates in Dongfeng Building
Other non-operating income and expenditure except for the
4,750.17
aforementioned items
Impact on minority shareholders’ equity (post-tax) 64,730.35
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Total 7,147,330.17 --
II. Total number of shareholders at the end of this report period and top ten shareholders
Unit: Share
Total number of shareholders
16,747
at the end of report period
Top ten shareholders
Amount of
Shareholder’s Nature of Proportion of Amount of shares Number of share pledged/frozen
restricted shares
name shareholder shares held (%) held State of share Amount
held
Shenzhen SDG State-owned legal
66.22% 145,870,560 14,587,056
Co., Ltd. person
Domestic natural
Wu Yongchun 0.42% 924,696
person
Domestic natural
Ling Fengyuan 0.23% 514,758
person
Domestic natural
Zeng Weimei 0.22% 488,896
person
Domestic natural
Xiang Furong 0.22% 480,001
person
The First
Shanghai Foreign legal
0.22% 479,177
Securities Co., person
Ltd.
Domestic natural
Zhang Xiaoming 0.21% 463,961
person
Domestic natural
Li Taoran 0.2% 437,758
person
Domestic natural
Kan Hui 0.17% 369,126
person
Domestic natural
Wang Shaoying 0.15% 339,400
person
Top ten shareholders with unrestricted shares held
Type of shares
Shareholder’s name Amount of unrestricted shares held
Type Amount
RMB ordinary
Shenzhen SDG Co., Ltd. 131,283,504 131,283,504
shares
RMB ordinary
Wu Yongchun 924,696 924,696
shares
Ling Fengyuan 514,758 Domestically 514,758
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
listed foreign
shares
RMB ordinary
Zeng Weimei 488,896 488,896
shares
RMB ordinary
Xiang Furong 480,001 480,001
shares
Domestically
The First Shanghai Securities Co.,
479,177 listed foreign 479,177
Ltd.
shares
RMB ordinary
Zhang Xiaoming 463,961 463,961
shares
RMB ordinary
Li Taoran 437,758 437,758
shares
RMB ordinary
Kan Hui 369,126 369,126
shares
Domestically
Wang Shaoying 339,400 listed foreign 339,400
shares
Among the above the top ten shareholders, Shenzhen SDG Co., Ltd., shareholders of
state-owned legal person’s share, exists no associated relationship with the other shareholders,
Note of related relationship among
and they don’t belong to the consistent actionist regulated by the Management Regulation of
the above shareholders and
Information Disclosure on Change of Shareholding for Listed Companies with the other
concerted actors
shareholders. It is unknown whether the other shareholders of circulation share belong to the
consistent actionist or not.
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
(I) Items of balance sheet
1. Advance payments increased 62.67% over that of period-begin, mainly due to the vehicle account paid in
advance from subsidiary Shenzhen Huari Toyota Automobile Sales and Service Co., LTD to FAW Toyota Motor
Sales Co., Ltd increased
2. Other account receivable increased 66.52% over that of period-begin, mainly because current account
increased.
3. Notes payable increased RMB 6,513,591.24 over that of period-begin, mainly due to the newly added
acceptance bill of China CITIC Bank from subsidiary Shenzhen Huari Toyota Automobile Sales and Service Co.,
LTD.
4. Account received in advance decreased 89.41% over that of period-begin, mainly because the carry-over
income from sales of investment real estate was received in advance from subsidiary Shenzhen Automobile
Industrial Trade General Corporation; the account of car sales received in advance at period-end decreased in
Shenzhen Huari Toyota Automobile Sales and Service Co., LTD
5. Dividends payable decreased by 80.61% over that of period-begin, mainly because the dividend payable to
foreign party has been paid by subsidiary Shenzhen Huari Toyota Automobile Sales and Service Co., LTD
(II) Items of profit statement
1. Business tax and additional increased 30.21% over the same period of last year, mainly because RMB 508,300
business tax and additional increased due to the investment real estate sold by subsidiary Shenzhen Automobile
Industrial Trade General Corporation.
2. Financial expense increased 68.43% over the same period of last year, mainly because the increase of the loans
caused the increase of interest expenditure in the period.
3. Investment income decreased 36.83% over the same period of last year, mainly because the loss of joint-stock
company Shenzhen Motors Ind., I/E Co. decreased.
4. Non-operating income increased 633.94% over the same period of last year, the non-operating income in this
year mainly due to the income from disposal of non-current assets from subsidiary Shenzhen Tefa Huari
Automobile Enterprise Co.,Ltd.
5. Non-operating expenditure decreased 81.69% over the same period of last year; disposal of non-current assets
losses RMB 21,000 at same period of last year.
6. Income tax expenses decreased 76.61% over the same period of last year, mainly because the profit of the
subsidiary Shenzhen Zhongtian Industrial Co., Ltd decreased.
II. Analysis and explanation of significant events and their influence and solutions
In the reporting, the 9th extraordinary meeting of 7th session of the board was held on January 8, 2013, deliberating and approving
Proposal of Investment About “Tellus Shuibei Jewelry Building” Project (tentative name), which had been deliberated by the first
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
extraordinary shareholders’ general meeting of 2013. Related content can be found in No.2013-004 Notice of Investment Outside and
No.2013-007 Resolution Notice of First extraordinary Shareholders’ General Meeting of 2013.
Information index for temporary report
Overview Date for disclosure
disclosure
In the reporting, the 9th extraordinary meeting
of 7th session of the board was held on
January 8, 2013, deliberating and approving
Juchao Website:
Proposal of Investment About “Tellus Shuibei 2013-01-09
http://www.cninfo.com.cn/
Jewelry Building” Project (tentative name).
Related content can be found in No.2013-004
Notice of Investment Outside
On January 24, 2013, the first extraordinary
shareholders’ general meeting of 2013 was
held for deliberating and approving Proposal
of Investment About “Tellus Shuibei Jewelry Juchao Website:
2013-01-25
Building” Project (tentative name). Related http://www.cninfo.com.cn/
content can be found in No.2013-007
Resolution Notice of First extraordinary
Shareholders’ General Meeting of 2013.
III. Commitments make within the report period or persisted to the period by the Company
or shareholder with over 5 percent shares held
Impleme
Item of Commitments Promisee Content of commitments Date Term
ntation
(I)SDG, the shareholder of non-circulating shares,
made the following 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
Shenzhen above-mentioned statutory commitment, SDG also
Commitments for Share Long Impleme
SDG Co., made the following special commitment: with 36 2005-12-25
Merger Reform term nting
Ltd. 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
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
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 incentive mechanism:
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.
Commitments made in
acquisition report or equity
change report
Commitments made in assets
reorganization
Commitments made in initial
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
public offering or refinancing
Other commitments for small
and medium shareholders of
the company
Perform the commitment
Yes
promptly or not
Make commitment in respect
of the competition and related No
transaction or not
Performance of commitment Implementing
IV. Predict of the business performance from January to June 2013
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
IV. Forecast of operation performance from Jan. – June of 2013
□Applicable √Not applicable
V. Securities Investment
Amount
of Proportio Amount Proportio
Initial stock-hol n of of n of Book
Gains and
Short investmen ding at stock-hol stock-hol stock-hol value at
Variety of Code of loss in the Accounti Source of
form of t the ding at the ding at ding at the the end of
securities securities reporting ng subject stock
securities cost(RM beginning beginning the end of end of the the period
(RMB)
B) of the of the the period period (RMB)
period period (% (Share) (%)
(Share)
Total 0.00 0 -- 0 -- 0.00 0.00 -- --
Statement of equity of other listed companies held
VI. Derivative Investment
Derivative investment held at period-end
□Applicable √Not applicable
Notes
VII. Registration form for receiving research, communication and interview in the report
period
Nil
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Section IV. Financial statement
I. Financial statement
1. Consolidated balance sheet
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 40,448,975.04 55,145,531.39
Settlement provisions
Capital lent
Transaction finance asset
Notes receivable
Accounts receivable 6,018,769.75 5,779,383.21
Accounts paid in advance 13,756,659.33 8,453,261.56
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 20,472,235.91 12,294,045.05
Purchase restituted finance asset
Inventories 37,982,121.86 47,813,852.20
Non-current asset due within one
year
Other current assets 5,749,453.80 7,495,557.97
Total current assets 124,428,215.69 136,981,631.38
Non-current assets:
Granted loans and advances
Finance asset available for sales 1,462,238.25 1,591,906.25
Held-to-maturity securities 100,000.00 100,000.00
Long-term account receivable
Long-term equity investment 186,194,030.80 186,572,923.39
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Investment property 94,279,182.10 96,666,571.61
Fixed assets 154,208,203.25 156,061,636.80
Construction in progress 15,898,353.75 12,977,929.03
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 92,213.64 106,588.62
Expense on Research and
Development
Goodwill
Long-term expenses to be
723,067.99 803,230.14
apportioned
Deferred income tax asset 26,709,762.78 26,709,762.78
Other non-current asset 26,339,112.00 26,339,112.00
Total non-current asset 506,006,164.56 507,929,660.62
Total assets 630,434,380.25 644,911,292.00
Current liabilities:
Short-term loans 93,826,654.00 93,881,155.00
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Notes payable 6,513,591.24
Accounts payable 22,395,002.54 23,626,617.53
Accounts received in advance 3,374,718.05 31,857,080.49
Selling financial asset of
repurchase
Commission charge and
commission payable
Wage payable 11,716,191.34 12,581,105.70
Taxes payable 12,045,707.10 11,845,434.44
Interest payable
Dividend payable 282,140.75 1,455,297.72
Other accounts payable 108,780,056.00 99,275,953.73
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due within 1
12,000,000.00 12,000,000.00
year
Other current liabilities
Total current liabilities 270,934,061.02 286,522,644.61
Non-current liabilities:
Long-term loans 140,000,000.00 143,000,000.00
Bonds payable
Long-term account payable 12,981,872.24 12,981,872.24
Special accounts payable
Projected liabilities
Deferred income tax liabilities 1,345,258.91 1,345,258.91
Other non-current liabilities
Total non-current liabilities 154,327,131.15 157,327,131.15
Total liabilities 425,261,192.17 443,849,775.76
Owner’s equity (or shareholders’
equity):
Paid-in capital (or share capital) 220,281,600.00 220,281,600.00
Capital public reserve 8,603,026.55 8,732,694.55
Less: Inventory shares
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit -42,757,638.01 -47,291,479.26
Balance difference of foreign
currency translation
Total owner’s equity attributable to
189,079,574.86 184,675,401.61
parent company
Minority interests 16,093,613.22 16,386,114.63
Total owner’s equity(or shareholders’
205,173,188.08 201,061,516.24
equity)
Total liabilities and owner’s equity(or
630,434,380.25 644,911,292.00
shareholders’ equity)
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
2. The parent company’s balance sheet
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 8,336,570.05 1,614,187.49
Transaction finance asset
Notes receivable
Accounts receivable
Accounts paid in advance
Interest receivable
Dividend receivable
Other receivables 38,389,693.82 53,031,898.91
Inventories
Non-current asset due within one
year
Other current assets
Total current assets 46,726,263.87 54,646,086.40
Non-current assets:
Finance asset available for sales 1,462,238.25 1,591,906.25
Held-to-maturity securities
Long-term account receivable
Long-term equity investment 412,623,219.86 412,739,079.62
Investment property 58,143,012.84 58,884,316.80
Fixed assets 18,729,045.92 18,963,289.36
Construction in progress 235,849.10 235,849.10
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 65,546.88 77,421.87
Expense on Research and
Development
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Goodwill
Long-term expenses to be
96,520.48 106,861.96
apportioned
Deferred income tax asset 14,064,022.84 14,064,022.84
Other non-current asset
Total non-current asset 505,419,456.17 506,662,747.80
Total assets 552,145,720.04 561,308,834.20
Current liabilities:
Short-term loans 49,544,160.00 49,544,160.00
Transaction financial liabilities
Notes payable
Accounts payable
Accounts received in advance
Wage payable 3,327,227.98 3,400,003.58
Taxes payable 291,405.62 286,821.39
Interest payable
Dividend payable
Other accounts payable 263,859,406.42 268,460,296.54
Non-current liabilities due within 1
6,000,000.00 6,000,000.00
year
Other current liabilities
Total current liabilities 323,022,200.02 327,691,281.51
Non-current liabilities:
Long-term loans 100,000,000.00 101,500,000.00
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities 353,363.01 353,363.01
Other non-current liabilities
Total non-current liabilities 100,353,363.01 101,853,363.01
Total liabilities 423,375,563.03 429,544,644.52
Owner’s equity (or shareholders’
equity):
Paid-in capital (or share capital) 220,281,600.00 220,281,600.00
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Capital public reserve 5,409,603.27 5,539,271.27
Less: Inventory shares
Reasonable reserve
Surplus public reserve 2,952,586.32 2,952,586.32
Provision of general risk
Retained profit -99,873,632.58 -97,009,267.91
Balance difference of foreign
currency translation
Total owner’s equity(or shareholders’
128,770,157.01 131,764,189.68
equity)
Total liabilities and owner’s equity(or
552,145,720.04 561,308,834.20
shareholders’ equity)
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
3. Consolidated Profit Statement
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Amount at this period Amount at last period
I. Total operating income 111,783,990.45 95,887,355.30
Including: Operating income 111,783,990.45 95,887,355.30
Interest income
Insurance gained
Commission charge and
commission income
II. Total operating cost 107,295,506.39 97,701,152.75
Including: Operating cost 88,377,796.06 78,903,888.31
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
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Operating tax and extras 1,621,199.00 1,245,049.93
Sales expenses 4,758,585.57 4,967,607.80
Administration expenses 8,975,204.98 10,469,393.62
Financial expenses 3,562,720.78 2,115,213.09
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
-378,892.59 -599,796.41
with “-”)
Including: Investment income on
-378,892.59 -599,796.41
affiliated company and joint venture
Exchange income (Loss is listed
with “-”)
III. Operating profit (Loss is listed
4,109,591.47 -2,413,593.86
with “-”)
Add: Non-operating income 168,476.04 22,954.87
Less: Non-operating expense 3,900.00 21,302.80
Including: Disposal loss of
3,900.00 21,302.80
non-current asset
IV. Total Profit (Loss is listed with
4,274,167.51 -2,411,941.79
“-”)
Less: Income tax 32,827.67 140,321.52
V. Net profit (Net loss is listed with “-”) 4,241,339.84 -2,552,263.31
Including: Net profit achieved by the
merged party before the merger
Net profit attributable to owner’s
4,533,841.25 -2,215,133.02
equity of parent company
Minority shareholders’ gains and
-292,501.41 -337,130.29
losses
VI. Earnings per share -- --
i. Basic earnings per share 0.0206 -0.0101
ii. Diluted earnings per share 0.0206 -0.0101
VII. Other consolidated income -129,668.00 3,473.25
VIII. Total consolidated income 4,111,671.84 -2,548,790.06
Total consolidated income attributable
4,404,196.25 -2,211,659.77
to owners of parent company
Total consolidated income attributable
-292,524.41 -337,130.29
to minority shareholders
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
4. Profit statement of parent company
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Amount at this period Amount at last period
I. Operating income 4,396,802.81 3,375,354.25
Less: Operating income 970,950.58 1,015,295.07
Operating tax and extras 246,220.95 189,019.85
Sales expenses
Administration expenses 3,865,747.06 4,002,754.97
Financial expenses 2,062,389.13 801,280.24
Losses of devaluation of asset
Add: Changing income of fair
value(Loss is listed with “-”)
Investment income (Loss is listed
-115,859.76 -294,309.70
with “-”)
Including: Investment income on
affiliated company and joint venture
II. Operating profit (Loss is listed
-2,864,364.67 -2,927,305.58
with “-”)
Add: Non-operating income
Less: Non-operating expense
Including: Disposal loss of
non-current asset
III. Total Profit (Loss is listed with
-2,864,364.67 -2,927,305.58
“-”)
Less: Income tax
IV. Net profit (Net loss is listed with
-2,864,364.67 -2,927,305.58
“-”)
V. Earnings per share -- --
i. Basic earnings per share -0.013 -0.0133
ii. Diluted earnings per share -0.013 -0.0133
VI. Other consolidated income -129,668.00 3,473.25
VII. Total consolidated income -2,994,032.67 -2,923,832.33
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
5. Consolidated cash flow statement
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Amount at this period Amount at last period
I. Cash flows arising from operating
activities:
Cash received from selling
commodities and providing labor 110,548,553.86 96,520,634.54
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
Insured savings and net increase of
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
6,406,797.27 21,015,311.62
operating activities
Subtotal of cash inflow arising
116,955,351.13 117,535,946.16
from operating activities
Cash paid for purchasing
commodities and receiving labor 82,406,107.92 93,570,455.78
service
Net increase of customer loans and
advances
Net increase of deposits in central
bank and interbank
Cash paid for original insurance
contract compensation
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Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
Cash paid for interest, commission
charge and commission
Cash paid for bonus of guarantee
slip
Cash paid to/for staff and workers 14,304,820.54 15,753,100.14
Taxes paid 4,948,369.81 4,974,080.37
Other cash paid concerning
19,879,224.95 18,473,093.59
operating activities
Subtotal of cash outflow arising
121,538,523.22 132,770,729.88
from operating activities
Net cash flows arising from
-4,583,172.09 -15,234,783.72
operating activities
II. Cash flows arising from investing
activities:
Cash received from recovering
84,713.03
investment
Cash received from investment
3,500,000.00
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
84,713.03 3,500,000.00
investing activities
Cash paid for purchasing fixed,
3,734,451.77 276,435.90
intangible and other long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from
subsidiaries and other units
Other cash paid concerning
1,552.50
investing activities
Subtotal of cash outflow from
3,736,004.27 276,435.90
investing activities
Net cash flows arising from
-3,651,291.24 3,223,564.10
investing activities
III. Cash flows arising from financing
activities
Cash received from absorbing
19
Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
investment
Including: Cash received from
absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 13,800,000.00 17,200,000.00
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash inflow from
13,800,000.00 17,200,000.00
financing activities
Cash paid for settling debts 16,800,000.00 14,169,251.67
Cash paid for dividend and profit
3,462,093.02 1,806,022.66
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
20,262,093.02 15,975,274.33
financing activities
Net cash flows arising from
-6,462,093.02 1,224,725.67
financing activities
IV. Influence on cash due to fluctuation
in exchange rate
V. Net increase of cash and cash
-14,696,556.35 -10,786,493.95
equivalents
Add: Balance of cash and cash
55,145,531.39 55,926,573.46
equivalents at the period -begin
VI. Balance of cash and cash
40,448,975.04 45,140,079.51
equivalents at the period -end
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
6. Cash flow statement of parent company
Prepared by ShenZhen Tellus Holding Co.,Ltd.
Unit: RMB
Items Amount at this period Amount at last period
I. Cash flows arising from operating
activities:
Cash received from selling
3,131,027.63 116,820.00
commodities and providing labor
20
Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
services
Write-back of tax received
Other cash received concerning
25,968,306.62 10,465,885.40
operating activities
Subtotal of cash inflow arising
29,099,334.25 10,582,705.40
from operating activities
Cash paid for purchasing
commodities and receiving labor
service
Cash paid to/for staff and workers 4,055,613.46 3,979,127.40
Taxes paid 591,738.81 547,482.81
Other cash paid concerning
14,940,871.03 4,116,086.03
operating activities
Subtotal of cash outflow arising
19,588,223.30 8,642,696.24
from operating activities
Net cash flows arising from
9,511,110.95 1,940,009.16
operating activities
II. Cash flows arising from investing
activities:
Cash received from recovering
investment
Cash received from investment
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
investing activities
Cash paid for purchasing fixed,
49,049.00 38,153.96
intangible and other long-term assets
Cash paid for investment
Net cash received from
subsidiaries and other units
Other cash paid concerning
investing activities
Subtotal of cash outflow from
49,049.00 38,153.96
investing activities
Net cash flows arising from -49,049.00 -38,153.96
21
Shenzhen Tellus Holding Co., Ltd. First Quarterly Report 2013 (Full-Text)
investing activities
III. Cash flows arising from financing
activities
Cash received from absorbing
investment
Cash received from loans
Cash received from issuing bonds
Other cash received concerning
financing activities
Subtotal of cash outflow from financing
activities
Cash paid for settling debts 1,500,000.00 1,120,000.00
Cash paid for dividend and profit
1,239,679.39 763,639.09
distributing or interest paying
Other cash paid concerning
financing activities
Subtotal of cash outflow from
2,739,679.39 1,883,639.09
financing activities
Net cash flows arising from
-2,739,679.39 -1,883,639.09
financing activities
IV. Influence on cash due to fluctuation
in exchange rate
V. Net increase of cash and cash
6,722,382.56 18,216.11
equivalents
Add: Balance of cash and cash
1,614,187.49 64,442.86
equivalents at the period -begin
VI. Balance of cash and cash
8,336,570.05 82,658.97
equivalents at the period -end
Legal representative: Zhang Ruili
Person in charger of accounting works: Luo Bojun
CFO: Fu Bin
Person in charger of accounting organ: Ke Wensheng
II. Audit report
Whether the first quarterly report had been audited or not
□ Yes √ No
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