ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
FIYTA Holdings Ltd.
2014 1st Quarterly Report
April 2014
ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Section 1 Important Notice
The Board of Directors, the Supervisory Committee, directors, supervisors and senior executives hereby
individually and collectively accept responsibility for the correctness, accuracy and completeness of the
contents of this report and confirm that there are no material omissions or errors which would render any
statement misleading.
All the directors attended the board meeting for reviewing the Quarterly Report.
Mr. Lai Weixuan, the head of the Company, Mr. Li Dehua, chief financial officer and the Mr. Hu Xinglong,
the person in charge of the accounting department (the person in charge of the accounting) hereby
confirm the authenticity and completeness of the financial report enclosed in the Quarterly Report.
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Section 2 Financial Highlights and Change of Shareholders
I. Financial Data Summary
Have the accounting data of the previous year undergone retroactive adjustment or restatement due to the change of
accounting policy and/or correction of accounting errors, etc.
□ Yes √ No
Increase/decrease in
the reporting period vs
Same period of the
Reporting period the corresponding
previous year
period of the previous
year (%)
Revenues in CNY 821,633,324.62 754,193,631.28 8.94%
Net profit attributable to the
44,214,332.41 34,763,554.98 27.19%
Company’s shareholders, in CNY
Net profit attributable to the
Company’s shareholders less the 42,765,447.98 34,319,508.13 24.61%
non-recurring gains/losses, in CNY
Net cash flows arising from operating
31,053,528.71 52,376,507.68 -40.71%
activities, in CNY
Basic earning per share (CNY/share) 0.113 0.089 26.97%
Diluted earning per share
0.113 0.089 26.97%
(CNY/share)
Net assets-income ratio , weighted
2.84% 2.38% 0.46%
average, (%)
Increase/decrease in
End of the reporting End of the previous the reporting period vs
period year the end of the previous
year (%)
Total assets, in CNY 3,676,214,903.35 3,558,702,591.28 3.3%
Net assets attributable to the
Company’s shareholders, in CNY 1,580,963,907.60 1,536,434,684.56 2.9%
Non-recurring gains/losses and the amount involved
In CNY
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
From year beginning to
Items the end of the reporting Note:
period
Gain/Loss from disposal of non-current assets (including
the written-off part with provision for impairment of assets 34,030.71
already)
Government subsidy recognized in current gains and
losses (excluding those closely related to the Company’s
1,651,500.00
business and granted under the state’s policies according
to certain quota of amount or volume)
Reversal of provision for impairment of the accounts
21,500.00
receivable separately tested for impairment
Income and expenses from the business other than the
192,059.04
above items
Amount influencing the income tax 450,205.32
Total 1,448,884.43 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information
Disclosure for Companies Offering their Securities to the Public – Non-recurring Gains and Losses and its non-recurring
gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering
their Securities to the Public – Non-recurring Gains and Losses which have been defined as recurring gains and losses,
it is necessary to explain the reason.
Inapplicable
II. Total Shareholders at the End of the Reporting Period and Shareholding of the Top
Ten Shareholders
In Shares
Total shareholders at the end of
30,071
the reporting period
Shareholding of the top 10 shareholders
Number of Pledging or freezing
shares with
Shareholding trading
Names of Number of
Nature proportion limited Status of the
Shareholders shares held Number
(%) conditions shares
held
AVIC
State-owned
International 41.49% 162,977,327 0
corporate
Holdings Limited
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
China Merchants
Foreign
Securities (HK) 1.58% 6,207,374 0
corporate
Co., Ltd.
Hua An Fund –
Minsheng Bank
– Tianshou
Investment Domestic
Structure non-state 0.96% 3,756,047 0
Portfolio No. 1 corporate
Asset
Management
Program
GOLDEN CHINA
Foreign
PLUS MASTER 0.87% 3,418,284 0
corporate
FUND
Essence
International Foreign
0.79% 3,103,200 0
Securities (Hong corporate
Kong) Limited
GREENWOODS
Foreign
CHINA ALPHA 0.68% 2,666,297 0
corporate
MASTER FUND
KGI ASIA Foreign
0.54% 2,110,501 0
LIMITED corporate
Domestic
Dai Wen natural 0.42% 1,660,468 0
person
Domestic
Zhu Jie natural 0.27% 1,050,000 0
person
Domestic
Zhao Weimin natural 0.25% 1,000,000 0
person
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end Share type
Shareholder’s Name of the reporting period
Share type Quantity
AVIC International Holdings
162,977,327 A-shares 162,977,327
Limited
China Merchants Securities (HK)
6,207,374 B-shares 6,207,374
Co., Ltd.
Hua An Fund – Minsheng Bank
– Tianshou Investment Structure
3,756,047 A-shares 3,756,047
Portfolio No. 1 Asset
Management Program
GOLDEN CHINA PLUS MASTER
3,418,284 B-shares 3,418,284
FUND
Essence International Securities 3,103,200 B-shares 3,103,200
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
(Hong Kong) Limited
GREENWOODS CHINA ALPHA
2,666,297 B-shares 2,666,297
MASTER FUND
KGI ASIA LIMITED 2,110,501 B-shares 2,110,501
Dai Wen 1,660,468 A-shares 1,660,468
Zhu Jie 1,050,000 A-shares 1,050,000
Zhao Weimin 1,000,000 A-shares 1,000,000
Explanation on associated The Company has found neither affiliation among the aforesaid shareholders nor
relationship or consistent action concerted actor as specified in the Measures for Administration of Information on
of the above shareholders the Shareholder Equity Change of Listed Companies.
The total number of shares held by Dai Wen was 1,660,468 shares, where the
Note to the top 10 shareholders
total of the shares held in the securities margin trading in the credit account was
involved in margin financing &
1,600,000 shares and the total of the shares held in the general securities
securities lending (if any)
account was 60,468 shares.
Did the shareholders conduct agreed repurchase securities trading in the reporting period?
□ Yes √ No
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Section 3 Significant Events
I. Significant Changes in Principal Accounting Statement Items and Financial
Indicators and the Causes
Inapplicable
II. Progress of Significant Events, their Influences and the Solutions
Inapplicable
III.The commitments of the Company and its shareholders holding over 5% of the
Company’s total shares in the reporting period or extending to the reporting period
from previous year(s)
Commitment Commitment Implementati
Commitments Promiser Description
time term on
Commitment for Equity Separation
Reform
Commitments in the acquisition
report or the written report on change
of equity
Commitment made at the time of
asset reorganization
The Company
Deadline of the
commits that in
bonds (The
case it is
valid term of the
predicted that
bonds is 5
the Company
years attached
may be unable
with the
to duly pay the
investors’
principal and
FIYTA Holdings option of selling
Commitment made at IPO or interest of the February 27, In process of
Ltd. back, the
re-financing bond or fail to 2013 implementation
Company’s
duly pay the
option of
principal and
redemption and
interest of the
option of
bond when it is
up-regulation of
due, the
the nominal
Company shall
interest rate at
at least take the
the end of the
following
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
measures: 1. 3rd year).
not profit
distribution to
the
shareholders
shall be
conducted. 2.
implementation
of any capital
expenditure
projects, such
as material
external
investment,
acquisition and
merger, etc.
shall be
suspended. 3.
salaries and
bonus to the
directors and
senior
executives shall
be adjusted
down or
suspended. 4.
None of the key
officers may be
transferred out.
Other commitments to the minority
shareholders
Has the commitment been timely
Yes
implemented?
The specific cause of failure in
Inapplicable
implementation and the next plan (if any)
IV. Prediction of the Operation Performances from January to June 2014
Inapplicable
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
V. Investment in Securities
Inapplicable
VI. Investment in Derivatives
Inapplicable
VII. Statement of such activities as reception, research, communication, interview in
the reporting period
Discussion topics and
Reception Time Reception place Way of reception Types of Visitors Visitors received
provision of materials
Shangcheng Asset
Management Co.,
Ltd., Zhongzhao
Development trend of the
Investment
domestic luxury goods
Management Co.,
sector, some measures
Ltd., China
concerning the Company’s
Merchants
strategic development,
January 3, 2014 Company On-Site Survey Institution Fund Management
brand construction, channel
Co., Ltd.,
management in the past
Shenzhen
three years. Provision of
Sunshine
the Company ’ s public
Asset Managemen
brochures in 2014.
t Co., Ltd.,
Minsheng
Securities Co., Ltd.
HUAXI Securities
Co.,Ltd.,
Greenwoods
Asset Managemen Development trend of the
t Co., Ltd., Great domestic luxury goods
Wall Securities sector, some measures
Co., Ltd., concerning the Company’s
Huashang Fund strategic development,
March 7, 2014 Company On-Site Survey Institution
Management Co., brand construction, channel
Ltd., Guotai Junan management in the past
Securities, UBS three years. Provision of
SDIC, Shenzhen the Company’s public
Ivy brochures in 2014.
Asset Managemen
t Co.,Ltd.,
Soochow Asset
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Management,
Infore
Capital Manageme
nt Co.,Ltd.,
Guangzhou
Guangheng
Securities
Research Institute
Co., Ltd., Haitong
Securities Asset
Management Co.,
Ltd.
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Section 4 Financial Statements
I. Financial Statements
1. Consolidated Balance Sheet
Prepared by Fiyta Holdings Ltd.
In CNY
Items Ending balance Opening balance
Current assets:
Monetary fund 199,442,302.96 107,663,110.74
Settlement Reserve
Inter-bank lending
Trading financial assets
Notes receivable 10,436,928.79 7,100,000.00
Accounts receivable 390,101,497.14 324,457,339.19
Prepayments 37,424,918.36 43,487,613.07
Insurance premium
receivable
Reinsurance accounts
receivable
Accounts receivable
reinsurance reserve
Interest receivable
Dividends receivable
Other receivables 41,260,056.22 40,436,640.10
Buying and selling back
financial assets
Inventories 2,086,098,751.72 2,123,342,820.93
Non-current assets due
within a year
Other current assets 13,312,083.10 30,811,991.07
Total current assets 2,778,076,538.29 2,677,299,515.10
Non-Current Assets:
Disbursement of entrusted
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
loans and advances
Available-for-sale financial
assets
Held –to-maturity
investment
Long-term accounts
receivable
Long-term equity investment 43,322,940.12 43,322,940.12
Investment based real estate 232,949,748.29 235,235,684.76
Fixed assets 319,362,066.76 306,888,964.31
Construction-in-process 13,729,141.03 6,608,187.55
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 35,916,887.89 36,168,611.72
Development expenses
Goodwill
Long-term expenses to be
150,663,259.73 146,542,685.58
apportioned
Deferred income tax asset 70,694,321.24 74,159,134.29
Other non-current assets 31,500,000.00 32,476,867.85
Total non-current assets 898,138,365.06 881,403,076.18
Total assets 3,676,214,903.35 3,558,702,591.28
Current liabilities:
Short-term borrowing 1,123,000,000.00 1,023,000,000.00
Borrowings from central
bank
Receipt of deposits and
deposits from other banks
Loans from other banks
Trading financial liabilities
Notes payable
Accounts payable 164,091,943.32 222,347,620.47
Advance receipts 9,492,706.35 9,667,278.30
Funds from selling out and
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
repurchasing financial assets
Service charge and
commission payable
Salaries payable to the
12,196,653.50 31,173,812.15
employees
Taxes payable 76,143,380.30 57,628,175.26
Interest payable 4,123,307.90 19,422,859.82
Dividends payable
Other payables 37,786,980.31 38,454,934.30
Reinsurance payable
Insurance contract reserve
Funds from securities
trading agency
Funds from underwriting
securities agency
Non-current liabilities due
39,310,000.00 39,310,000.00
within a year
Other current liabilities 7,853,357.91 4,924,394.22
Total current liabilities 1,473,998,329.59 1,445,929,074.52
Non-Current Liabilities:
Long term borrowings 217,468,010.90 173,274,950.01
Bonds payable 397,982,085.94 397,728,975.00
Long term accounts payable
Special accounts payable
Predicted liabilities
Deferred income tax liability
Other non-current liabilities 3,430,000.00 2,950,000.00
Total non-current liabilities 618,880,096.84 573,953,925.01
Total liabilities 2,092,878,426.43 2,019,882,999.53
Owners’ equity (or shareholders’
equity):
Paid up capital (or capital
392,767,870.00 392,767,870.00
stock)
Capital reserve 525,506,952.78 525,506,952.78
Less: shares in stock
Special reserve
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Surplus reserve 156,714,094.20 156,714,094.20
Generic risk reserve
Retained earnings 513,920,933.08 469,706,600.67
Foreign Currency Capital -7,945,942.46 -8,260,833.09
Total owner’ equity attributable to
1,580,963,907.60 1,536,434,684.56
the parent company
Minority equity 2,372,569.32 2,384,907.19
Owners’ equity (or shareholders’
1,583,336,476.92 1,538,819,591.75
equity)
Total liabilities and owners’ equity
3,676,214,903.35 3,558,702,591.28
(or shareholders’ equity)
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
2. Balance Sheet, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
Items Ending balance Opening balance
Current assets:
Monetary fund 88,464,619.93 27,929,968.24
Trading financial assets
Notes receivable
Accounts receivable 239,202,039.81 239,193,039.81
Prepayments 282,000.00
Interest receivable
Dividends receivable
Other receivables 1,255,073,731.53 1,337,631,334.01
Inventories
Non-current assets due
within a year
Other current assets 308,119.88
Total current assets 1,583,022,391.27 1,605,062,461.94
Non-Current Assets:
Available-for-sale financial
assets
Held –to-maturity
investment
Long-term accounts
receivable
Long-term equity investment 775,522,660.12 775,522,660.12
Investment based real estate 232,949,748.29 235,235,684.76
Fixed assets 120,532,926.02 108,094,045.84
Construction-in-process 13,729,141.03 6,608,187.55
Engineering supplies
Disposal of fixed assets
Productive biological assets
Oil and gas asset
Intangible assets 29,571,856.28 29,820,750.12
Development expenses
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Goodwill
Long-term expenses to be
5,272,788.50 5,679,969.47
apportioned
Deferred income tax asset 775,806.46 775,806.46
Other non-current assets 10,976,867.85
Total non-current assets 1,178,354,926.70 1,172,713,972.17
Total assets 2,761,377,317.97 2,777,776,434.11
Current liabilities:
Short-term borrowing 813,000,000.00 823,000,000.00
Trading financial liabilities
Notes payable
Accounts payable 1,423,712.81 1,273,442.81
Advance receipts 2,779,788.02 1,368,593.44
Salaries payable to the
579,100.00 5,700,000.00
employees
Taxes payable 4,404,358.59 2,909,411.40
Interest payable 3,363,393.11 18,444,077.78
Dividends payable
Other payables 16,265,152.06 15,261,230.72
Non-current liabilities due
within a year
Other current liabilities
Total current liabilities 841,815,504.59 867,956,756.15
Non-Current Liabilities:
Long term borrowings 92,361,928.00 87,361,928.00
Bonds payable 397,982,085.94 397,728,975.00
Long term accounts payable
Special accounts payable
Predicted liabilities
Deferred income tax liability
Other non-current liabilities 3,430,000.00 2,950,000.00
Total non-current liabilities 493,774,013.94 488,040,903.00
Total liabilities 1,335,589,518.53 1,355,997,659.15
Owners’ equity (or shareholders’
equity):
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Paid up capital (or capital
392,767,870.00 392,767,870.00
stock)
Capital reserve 531,162,493.88 531,162,493.88
Less: shares in stock
Special reserve
Surplus reserve 156,714,094.20 156,714,094.20
Generic risk reserve
Retained earnings 345,143,341.36 341,134,316.88
Foreign Currency Capital
Owners’ equity (or shareholders’
1,425,787,799.44 1,421,778,774.96
equity)
Total liabilities and owners’ equity
2,761,377,317.97 2,777,776,434.11
(or shareholders’ equity)
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
3. Consolidated Profit Statement
Prepared by Fiyta Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Gross Revenue 821,633,324.62 754,193,631.28
Including: revenue 821,633,324.62 754,193,631.28
Interest income
Earned premium
Service charge and
commission income
II. Total operating cost 768,987,329.63 710,933,375.39
Including: operating costs 520,359,706.47 491,708,505.30
Interest payment
Service charge and
commission payment
Refunded premiums
Compensation
pay-out, net
Net amount of
reserves for reinsurance contract
Policy dividend
payment
Reinsurance
expenses
Business taxes and
4,156,474.04 3,897,261.83
surcharge
Sales costs 176,298,576.57 154,136,960.49
Administrative
41,325,302.92 35,969,721.78
expenses
Financial expenses 26,874,519.63 25,472,964.67
Loss from impairment
-27,250.00 -252,038.68
of assets
Add: Income from change of
fair value (loss is stated with “-“)
Investment income
(loss is stated with “-“)
Including: income
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
from investment in associates and
joint ventures
Exchange income
(loss is stated with “-“)
III. Operating Profit (loss is stated
52,645,994.99 43,260,255.89
with “-“)
Plus: Non-operating income 1,928,542.34 275,440.14
Less: Non-operating
50,952.59 4,181.32
expenses
Including: Loss from
1,154.97 -
disposal of non-current assets
IV. Total profit (total loss is stated
54,523,584.74 43,531,514.71
with “-”)
Less: Income tax expense 10,321,784.01 8,745,971.82
V. Net Profit (net loss is stated with
44,201,800.73 34,785,542.89
“-“)
Including: Net profit realized
by the consolidatee realized
before the consolidation
Net profit attributable to the
44,214,332.41 34,763,554.98
parent company’s owner
Minority shareholders’
-12,531.68 21,987.91
gain/loss
VI. Earnings per share: -- --
(I) Basic earnings per share 0.113 0.089
(II) Diluted earnings per
0.113 0.089
share
VII. Other comprehensive income 314,890.63 -598,875.56
VIII. Total comprehensive income 44,516,691.36 34,186,667.33
Total comprehensive income
attributable to the owner of the 44,529,029.23 34,164,676.70
parent company
Total comprehensive income
attributable to minority -12,337.87 21,990.63
shareholders
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
4. Profit Statement, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Revenue 22,061,761.38 21,629,502.27
Less: Business costs 3,294,857.83 3,445,062.57
Business taxes and
1,304,856.52 1,713,487.37
surcharge
Sales costs 0.00 2,213,767.00
Administrative
10,586,721.37 9,294,459.44
expenses
Financial expenses 2,182,804.40 109,512.35
Loss from impairment of
-21,500.00 0.00
assets
Add: Income from change of
fair value (loss is stated with “-“)
Investment income (loss
is stated with “-“)
Including: return on
investment in associates and joint
ventures
II. Operating Profit (loss is stated
4,714,021.26 4,853,213.54
with “-“)
Plus: Non-operating income 637,378.18 254,000.00
Less: Non-operating
0.00 0.00
expenses
Including: Loss from
0.00 0.00
disposal of non-current assets
III. Total profit (total loss is stated
5,351,399.44 5,107,213.54
with “-“)
Less: Income tax expense 1,342,374.96 1,126,803.39
IV. Net Profit (net loss is stated
4,009,024.48 3,980,410.15
with “-“)
V. Earnings per share -- --
(I) Basic earnings per share 0.01 0.01
(II) Diluted earnings per
0.01 0.01
share
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
VI. Other comprehensive income
VII. Total comprehensive income 4,009,024.48 3,980,410.15
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
5. Consolidated Cash Flow Statement
Prepared by Fiyta Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Net cash flows arising from
operating activities:
Cash received from sales of
884,948,357.50 830,187,395.50
goods and supply of labor
Net increase of customers’
deposit and due from banks
Net increase of borrowings
from the central bank
Net increase of borrowings
from other financial institutions
Cash received from former
insurance contract premium
Net cash received from
reinsurance business
Net increase of insurance
reserve and investment
Net increase from disposal
of transactional financial asset
Cash received from interest,
service charge and commission
Net increase of borrowings
Net increase of fund from
repurchases
Rebated taxes received 0.00 0.00
Other operation activity
9,150,327.51 5,268,209.81
related cash receipts
Subtotal of cash flow in from
894,098,685.01 835,455,605.31
operating activity
Cash paid for purchase of
goods and reception of labor 633,931,141.30 574,477,489.00
services
Net increase of loans and
advances to customers
Net increase of due from
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
central bank and due from banks
Cash paid for indemnity of
original insurance contract
Cash paid for interest,
service charge and commission
Cash paid for insurance
policy dividend
Cash paid to and for staff 121,569,156.20 107,828,818.30
Taxes paid 26,556,443.68 34,441,205.11
Other business related cash
80,988,415.12 66,331,585.22
payments
Subtotal of cash flow out from
863,045,156.30 783,079,097.63
operating activity
Net cash flow arising from
31,053,528.71 52,376,507.68
operating activities
II. Cash flows arising from
investment activities:
Cash received from recovery
1,400,000.81 0.00
of investment
Cash received from
investment income
Net amount of cash received
from disposal of fixed assets,
1,496.04 620,000.00
intangible assets and other long
term assets
Net cash received from
disposal of subsidiaries and other
operating units
Other investment related
cash receipts
Subtotal of cash flow in from
1,401,496.85 620,000.00
investment activity
Cash paid for
construction/purchase of fixed
45,434,965.95 18,696,384.90
assets, intangible assets and other
long term assets
Cash paid for investment
Net increase of
hypothecated loans
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FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Net cash received from
payment by subsidiaries and other
operating units
Other investment related
cash payments
Subtotal of cash flow out from
45,434,965.95 18,696,384.90
investment activity
Net cash flow arising from
-44,033,469.10 -18,076,384.90
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
absorption of investment
Incl.: Cash received from
subsidiaries’ absorption of
minority shareholders’
investment
Cash received from
584,310,000.00 63,992,441.63
borrowings
Cash received from bond
issuing
Other fund-raising related
0.00 396,900,000.00
cash receipts
Subtotal of cash flow in from fund
584,310,000.00 460,892,441.63
raising activity
Cash paid for liabilities
440,117,434.20 395,031,175.00
repayment
Cash paid for dividend/profit
distribution or repayment of 38,831,155.33 15,467,352.38
interest
Including: Dividend and
profit paid by subsidiaries to
minority shareholders
Other fund-raising related
751,008.00 137,986.00
cash payments
Subtotal of cash flow out from fund
479,699,597.53 410,636,513.38
raising activity
Net cash flow arising from
104,610,402.47 50,255,928.25
fund-raising activities
ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
IV. Influence from change of
exchange rate upon cash and 148,730.19 -636.16
cash equivalents
V. Net increase of cash and cash
91,779,192.27 84,555,414.87
equivalents
Plus: Opening balance of
107,663,110.70 140,420,994.70
cash and cash equivalents
VI. Ending balance of cash and
199,442,302.97 224,976,409.57
cash equivalents
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
6. Cash Flow Statement, Parent Company
Prepared by Fiyta Holdings Ltd.
In CNY
Items Amount in the reporting period Amount in the previous period
I. Net cash flows arising from
operating activities:
Cash received from sales of
24,284,508.27 19,959,998.48
goods and supply of labor
Rebated taxes received 0.00 0.00
Other operation activity
104,824,603.60 1,365,306.77
related cash receipts
Subtotal of cash flow in from
129,109,111.87 21,325,305.25
operating activity
Cash paid for purchase of
goods and reception of labor 0.00 0.00
services
Cash paid to and for staff 14,481,604.56 12,251,559.19
Taxes paid 2,246,223.92 6,876,199.46
Other business related cash
3,872,596.27 182,915,857.60
payments
Subtotal of cash flow out from
20,600,424.75 202,043,616.25
operating activity
Net cash flow arising from
108,508,687.12 -180,718,311.00
operating activities
II. Cash flows arising from
investment activities:
Cash received from recovery
1,400,000.81 0.00
of investment
Cash received from
0.00 0.00
investment income
Net amount of cash received
from disposal of fixed assets,
0.00 620,000.00
intangible assets and other long
term assets
Net cash received from
disposal of subsidiaries and other 0.00 0.00
operating units
Other investment related
0.00 0.00
cash receipts
ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
Subtotal of cash flow in from
1,400,000.81 620,000.00
investment activity
Cash paid for
construction/purchase of fixed
9,361,115.21 1,602,602.66
assets, intangible assets and other
long term assets
Cash paid for investment 0.00 0.00
Net cash received from
payment by subsidiaries and other 0.00 0.00
operating units
Other investment related
0.00 0.00
cash payments
Subtotal of cash flow out from
9,361,115.21 1,602,602.66
investment activity
Net cash flow arising from
-7,961,114.40 -982,602.66
investment activities
III. Cash flows arising from fund
raising activities:
Cash received from
0.00 0.00
absorption of investment
Cash received from
335,000,000.00 0.00
borrowings
Cash received from bond
issuing
Other fund-raising related
0.00 396,900,000.00
cash receipts
Subtotal of cash flow in from fund
335,000,000.00 396,900,000.00
raising activity
Cash paid for liabilities
340,000,000.00 170,000,000.00
repayment
Cash paid for dividend/profit
distribution or repayment of 34,261,913.03 7,664,977.77
interest
Other fund-raising related
751,008.00 137,986.00
cash payments
Subtotal of cash flow out from fund
375,012,921.03 177,802,963.77
raising activity
Net cash flow arising from
-40,012,921.03 219,097,036.23
fund-raising activities
ST
FIYTA HOLDINGS LTD. 2014 1 QUARTERLY REPORT
IV. Influence from change of
exchange rate upon cash and 0.00 0.00
cash equivalents
V. Net increase of cash and cash
60,534,651.69 37,396,122.57
equivalents
Plus: Opening balance of
27,929,968.24 51,372,778.02
cash and cash equivalents
VI. Ending balance of cash and
88,464,619.93 88,768,900.59
cash equivalents
Legal Representative: Lai Weixuan Chief Financial Officer: Li Dehua
Manager of the Accounting Dept: Hu Xinglong
II. Auditors’ Report
st
The Company’s 1 Quarterly Report has not been audited