SHENZHEN SPECIAL ECONOMIC ZONE REAL
ESTATE & PROPERTIES (GROUP) CO., LTD.
THE THIRD QUARTERLY REPORT 2010
§1. Important Notice
1.1 The Board of Directors, the Supervisory Committee and the directors, supervisors
and senior management of SHENZHEN Special Economic Zone Real Estate &
Properties (Group) Co., Ltd. (hereinafter referred to as “the Company”) hereby
guarantee that this report does not contain any false information, misleading
statements or material omissions, and accept, individually and collectively, the
responsibility for the factuality, accuracy and completeness of this report.
1.2 The Financial Report in this quarterly report has not been audited by a CPA firm.
1.3 Mr. Zhou Jianguo, Person-in-charge of the Company, Mr. Chen Maozheng,
Person-in-charge of the accounting work, and Mr. Chen Jincai, Person-in-charge of
the accounting organ hereby confirm the factuality and completeness of the Financial
Report in this quarterly report.
§2 Company Profile
2.1 Main accounting data and financial indicators
Unit: (RMB) Yuan
As at 30 Sep. 2010 As at 31 Dec. 2009 Increase/decrease (%)
Total assets (RMB) 3,407,259,180.86 3,361,110,324.04 1.37%
Owners’ equity attributable to shareholders of
listed company (RMB)
1,307,389,526.08 1,228,651,614.41 6.41%
Share capital (share) 1,011,660,000.00 1,011,660,000.00 0.00%
Net assets per share attributable to
shareholders of listed company (RMB/share)
1.2923 1.2145 6.41%
Jul.-Sep. 2010
Increase/decrease
year-on-year (%)
Jan.-Sep. 2010
Increase/decrease
year-on-year (%)
Total operation income (RMB) 188,731,241.87 15.80% 707,557,933.94 55.92%
Net profit attributable to shareholders of listed
company (RMB)
12,995,637.17 266.68% 77,136,638.45 584.47%
Net cash flows generated from operating
activities (RMB)
- - -248,352,597.52
Net cash flows per share generated from
operating activities (RMB/share)
- - -0.25
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnBasic earnings per share (RMB/share) 0.0128 265.71% 0.0762 586.49%
Diluted earnings per share (RMB/share) 0.0128 265.71% 0.0762 586.49%
Weighted average return on net assets (%) 1.00% 0.71% 6.09% 5.16%
Weighted average return on net assets after
deducting extraordinary gains and losses (%)
1.00% 0.72% 5.33% 4.89%
Items of non-recurring gains and losses
Amount from year-begin to the
end of this report period
Notes
Gains and losses from disposal of non-current assets 9,595,497.65
Gains and losses from changes in fair value of the held tradable
financial assets and liabilities, and investment income from disposal of
tradable financial assets and liabilities and available-for-sale financial
assets, excluding the effective hedging businesses related with the
normal operation of the Company
188,148.35
Other non-business income and expenses besides the above items 31,144.09
Effect on income tax -7,786.00
Total 9,807,004.09 -
2.2 Total number of shareholders at period-end and shareholding of top ten
shareholders holding tradable shares
Unit: share
Total number of shareholders at the period-end 98,610
Shareholding of top ten shareholders holding tradable shares
Full name of shareholder
Number of tradable
shares held at period-end
Type of share
Shenzhen Investment Holdings Co., Ltd. 642,884,262 RMB Ordinary Shares
CPI Financial Co., Ltd. 3,336,701 RMB Ordinary Shares
Banque Indosuez 1,310,800 RMB Ordinary Shares
Wang Zhongming 1,095,408 Domestically listed foreign shares
Guan Jinfeng 1,062,220 RMB Ordinary Shares
Xu Taiying 780,000 RMB Ordinary Shares
Xue Haoyuan 746,356 RMB Ordinary Shares
Zhang Rui 730,700 RMB Ordinary Shares
CHU KOON YUK 720,000 Domestically listed foreign shares
ICBC-GF China Securities 500 Index Securities
Investment Fund (LOF)
678,580 RMB Ordinary Shares
§ 3 Significant Events
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cn3.1 Particulars about major changes of main accounting statement items and financial
indicators, as well as reasons for the changes
√Applicable □Inapplicable
As at 30 Sep. 2010, total assets of the Company was RMB 3,407,260,000, with an
increase of 1.37% compared with RMB 3,361,110,000 at the year-begin, and
liabilities totaled RMB 2,112,890,000, with a decrease of 1.52% compared with RMB
2,145,480,000 at the year-begin. Equity (net assets) attributable to shareholders of
parent company was RMB 1,307,390,000, with an increase of 6.41% compared with
RMB 1,228,650,000. Particulars about large changes in items and reason were as
follows:
Index of balance sheet: transactional financial assets was RMB 173,500, up by
101.08% compared with RMB 86,300 at the end of last year, mainly because the
Company won the lot for new share in transaction; accounts receivable was RMB
27,366,200, up by 85.76% compared with RMB 14,732,400 at the end of last year,
mainly because payment payable for constructional engineering and fund from sales
of real estate increased; Payment in advance of RMB increased 32.72% compared
with RMB 18,020,300 at the end of last year, mainly because payment for engineering
in advance increased; short-term borrowing was RMB 14,800,000, down by 85.20%
compared with RMB 100,000,000 at the end of last year, which was mainly due to
return mature short-term borrowings from bank; Non-current liabilities due within one
year was RMB 127,602,900, down by -44.43% compared with 229,607,200 at the end
of last year, which was mainly due to return mature long-term borrowings from bank;
long-term borrowing was RMB 1,070,218,200, up by 83.89% compared with RMB
581,986,500 at the end of last year, mainly because of new long-term borrowings
from bank; accounts payable was RMB 146,875,700, down by -79.91% compared
with RMB 730,944,400 at the end of last year, which was mainly because the
Company paid the second installment fund for use right of two land in Guangming
New District; Payment received in advance was RMB 406,039,600, with an increase
of 158.43% compared with RMB 157,116,100 at the end of last year, mainly because
the Company received fund for sales of 10th Phase of Jinye Island Project and fund for
constructional engineering from Shenzhen Zhentong Engineering Co., Ltd; interest
payable was RMB 41,059,800, with an increase of 66.32% compared with RMB
2468.77 at the end of last year, mainly because the Company withdrew interest for
borrowings in advance.
Index of incomes statement and cash flow statement: operating income was RMB
707557900, with an increase of 55.92% compared with RMB 453788400 at the same
period of last year, mainly because income from sales of real estate and engineering
increased; operating cost was RMB 469,522,200, with an increase of 36.87%
compared with RMB 343,034,500 at the same period of last year, which was mainly
due to increase with operating income; business taxes and surcharges were RMB
67,886,700, with an increase of 84.63% compared with RMB 36,768,700 at the same
period of last year, which was due to increase with operating income; sales expense
was RMB 8,453,800, with an increase of 68.36% compared with RMB 5,021,300 at
the same period of last year, mainly because advertising and sales service expense
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnincreased; financial expense was RMB 453,59,300, with an increase of 181.29%
compared with RMB 16,125,400 at the same period of last year, mainly because
increase of borrowings caused interest expense increased; investment income was
RMB 22,538,300, with an increase of 189.04% compared with RMB 7,797,700 at the
same period of last year, which was mainly because income from share transferring
and investment income from affiliated and jointed enterprises increased; net profit
attributable to owners of parent company totaled RMB 77,136,700, with an increase
of 584.47% compared with RMB 11,269,500 at the same period of last year, mainly
because operating income increased, gross profit ratio rose and investment income
increased; net cash flow from operating activities was RMB -248,352,600, with an
increase of 56.10% compared with RMB -565,752,900 at the same period of last year,
mainly because cash received from sales of goods and offering labor service increased;
net cash flow from investing activities was RMB 10,515,300, with an increase of
39.20% compared with RMB 7,554,200 at the same period of last year, mainly
because cash received from investment income increased; net cash flow from
financing activities was RMB 261,373,600, with a decrease of 56.67% compared with
RMB 603,193,900 at the same period of last year, mainly because cash paid for debt
increased;
3.2 Progress and influence of significant events, as well as the analysis on solutions
3.2.1 Non-standard audit opinion
□Applicable √Inapplicable
3.2.2 Whether the Company provided funds to the controlling shareholder or its
related parties or provided guarantees to external parties in violation of the prescribed
procedures
□Applicable √Inapplicable
3.2.3 Signing and execution of significant contracts concerning routine operations
□Applicable √Inapplicable
3.2.4 Others
□Applicable √Inapplicable
3.3 Fulfillment of commitments made by the Company, shareholders and the actual
controller
√Applicable □Inapplicable
Commitment
Commitment
maker
Contents of commitment Implementation
Commitment made in the share reform
Shenzhen
Investment
Holdings Co. Ltd
Shenzhen Investment Holding Co., Ltd. made
the following commitments concerning the
relevant matters of the share merger reform of
SPG: “ ① The Company shall abide by the
relevant laws, regulations and rules, and fulfill
the legal commitments; ② The Company
hereby declares that: The promisor shall
faithfully fulfill its commitments and shoulder
The commitments
have been fulfilled
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cncorresponding responsibilities; Unless the
transferee agrees to and is able to fulfill the
commitments, the promisor shall not transfer
the held shares. ③ The Company hereby
declares that: Should the promisor fail to
fulfill its commitments prescribed in the
relevant documents, it shall compensate the
other shareholders for their losses caused
thereupon.”
Commitment in the acquisition report or
the report on equity changes
Naught Naught Naught
Commitment made in the significant asset
reorganization
Shenzhen
Investment
Holdings Co. Ltd
The Shenzhen Sate-owned Assets Supervision
and Administration Commission issued the
Letter on Relevant Matters Concerning
Information Disclosure of SPG to Shenzhen
Investment Holdings Co., Ltd. in Oct. 2009,
making a commitment that it would not
conduct transfer of SPG share rights through
agreements, asset reorganization or other
matters (not including shareholding reduction
in the secondary market) that have significant
influence on SPG in the year and the next
year.
The commitment
is currently in the
process of
execution.
Commitment made in the issuance Naught Naught Naught
Other commitments (including
supplementary ones)
Naught Naught Naught
3.4 Warnings of possible losses or major changes of the accumulative net profit
achieved during the period from year-begin to the end of the next report period
compared with the same period of last year, as well as explanation on reasons
√Applicable □Inapplicable
Performance forecast Significant increase in the same direction
From the year-begin to the end
of the next report period
Same period of last year Increase/decrease (%)
Estimated
accumulative net profit
(RMB Ten thousand)
8,200.00 -- 8,700.00 2,021.74 Increase 305.59% -- 330.32%
Basic earnings per
share (RMB/share)
0.0811 -- 0.0860 0.0200 Increase 305.50% -- 330.00%
Notes to performance
forecast
Mainly due to the increase of the real estate and construction project incomes
3.5 Other significant events that need to be explained
3.5.1 Investments into securities
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cn√Applicable □Inapplicable
Unit: RMB Yuan
Serial
No.
Securities variety Stock code
Short form of
stock
Initial
investment
amount
(Yuan)
Shares held
at period-end
(share)
Book value at
period-end
Proportion in
total
securities
investment at
period-end
(%)
Gains or losses
in report period
1 Stock 002137
Sea Star
Technology
5,150.00 975 10,773.75 6.21% 5,623.75
2 Stock 601857
China National
Petroleum
50,100.00 3,000 30,540.00 17.60% -19,560.00
3 Stock 601866
China
Shipping
Container
Lines
13,240.00 2,000 7,360.00 4.24% -5,880.00
4 Stock 601898
China Coal
Energy
16,830.00 1,000 9,920.00 5.72% -6,910.00
5 Stock 002440
Zhejiang
Runtu Co., Ltd
31,200.00 1,000 28,520.00 16.44% -2,680.00
6 Stock 601000 Tangshan Port 16,400.00 2,000 15,060.00 8.68% -1,340.00
7 Stock 601018 Ningbo Port 22,200.00 6,000 21,300.00 12.28% -900.00
8 Stock 780377
Subscription of
Industrial
Securities
50,000.00 5,000 50,000.00 28.82% 0.00
Other securities investments held at period-end 0.00 - 0.00 0.00% 0.00
Gains/ losses from securities investment sold in report
period
- - - - 98,033.09
Total 205,120.00 - 173,473.75 100% 66,386.84
Explanation on securities investment:
Stocks held by the Company were lottery of new shares, which has been sold in
current day when benefit.
3.5.2 Researches, interviews and visits received in report period
Time Place
Way of
reception
Visitor
Main discussion and materials provided by the
Company
15 Jul. 2010
Company
Office
Field
research
Donghai Securities and
Guodu Securities
A general visit, with no written materials
being provided by the Company
28 Jul. 2010
Company
Office
By phone Individual investor
Inquiring reasons for the Company’s stock
price fluctuations, with no written materials
being provided by the Company
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cn13 Aug. 2010
Company
Office
By phone Individual investor
Inquiring the time for disclosure of the
Company’s semi-annual report, with no
written materials being provided by the
Company
30 Aug. 2010
Company
Office
By phone Individual investor
Inquiring about the Company’s semi-annual
report, with no written materials being
provided by the Company
8 Sept. 2010
Company
Office
By phone Individual investor
Inquiring about the Company’s project
development and the sales situation, with no
written materials being provided by the
Company
19 Sept. 2010
Company
Office
By phone Individual investor
Inquiring about the Company’s project
development plans, with no written materials
being provided by the Company
29 Sept. 2010
Company
Office
By phone Individual investor
Inquiring the Company’s operations and its
opinion on the government’s macro-control
measures, with no written materials being
provided by the Company
3.6 Investments into derivatives
□Applicable √Inapplicable
3.6.1 Positions of derivatives investments held at period-end
□Applicable √Inapplicable
§ 4 Attachments
4.1 Balance sheet
Prepared by: SHENZHEN Special Economic Zone Real Estate & Properties (Group) Co., Ltd
As at 30 Sept. 2010 Unit: (RMB) Yuan
Closing balance Opening balance
Items
Consolidation Parent company Consolidation Parent company
Current assets:
Monetary fund 409,288,416.91 73,513,808.35 386,102,533.51 73,508,120.37
Settlement fund
Lending to the bank and
other institutions
Transaction financial assets 173,473.75 173,473.75 86,269.75 86,269.75
Notes receivable
Accounts paid in advance 27,366,181.63 16,235,838.23 14,732,395.84 6,109,646.72
Prepayments 23,916,105.79 662,400.00 18,020,338.85
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnPremium receivable
Receivable from reinsurance
Reinsurance contract reserve
receivables
Interest receivable
Dividend receivable
Other receivables 40,843,809.48 279,287,956.75 49,298,258.09 469,851,675.39
Financial assets purchased
under agreements to resell
Inventory 2,173,985,693.15 1,396,794,665.21 2,088,298,946.63 1,414,914,758.68
Non-current assets due
within 1 year
Other current assets
Total current assets 2,675,573,680.71 1,766,668,142.29 2,556,538,742.67 1,964,470,470.91
Non-current assets:
Loans advances
Available-for-sale financial
assets
Held-to-maturity investment
Long-term account
receivables
Long-term equity investment 108,659,053.80 299,358,529.15 111,305,288.02 302,004,763.37
Investment property 536,499,293.58 468,944,832.81 604,153,453.42 534,718,105.50
Fixed assets 63,842,959.56 37,710,338.46 66,283,427.82 39,439,456.90
Construction in progress 150,000.00
Engineering materials
Disposal of fixed assets
Production biological assets
Oil-air assets
Intangible assets 6,058,995.00 6,232,380.00
Development expenses
Goodwill
Long-term deferred expenses 243,067.80 364,901.70
Deferred income tax assets 16,232,130.41 95,455.46 16,232,130.41 95,455.46
Other non-current assets
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnTotal non-current assets 731,685,500.15 806,109,155.88 804,571,581.37 876,257,781.23
Total assets 3,407,259,180.86 2,572,777,298.17 3,361,110,324.04 2,840,728,252.14
Current liabilities:
Short-term borrowing 14,800,000.00 100,000,000.00 100,000,000.00
Borrowing from central bank
Deposits received and held
for others
Inter-bank borrowings
Transaction financial liability
Notes payable
Accounts payable 146,875,671.15 20,722,187.73 730,944,352.56 621,374,407.44
Advances from customers 406,039,630.00 7,530,925.60 157,116,052.15 10,696,023.60
Financial assets sold under
agreements to repurchase
Handling charges and
commissions receivable
Paid for and to employees 16,919,147.23 5,024,719.83 24,499,493.75 9,066,342.19
Taxes payable -12,371,432.34 3,068,546.58 -8,782,763.56 2,915,204.83
Interest payable 41,059,804.98 41,059,804.98 24,687,711.65 24,687,711.65
Dividend payable
Other payables 292,165,142.08 380,108,483.29 297,237,215.73 383,176,088.95
Accounts due to reinsurance
Insurance contract reserves
Receiving from vicariously
traded securities
Receiving from vicariously
sold securities
Non-current liabilities due
within 1 year
127,602,898.26 127,602,898.26 229,607,155.48 206,407,155.48
Other current liabilities
Total current liabilities 1,033,090,861.36 585,117,566.27 1,555,309,217.76 1,358,322,934.14
Non-current liabilities
Long-term borrowings 1,070,218,158.75 770,218,158.75 581,986,531.34 281,986,531.34
Bonds payable
Long-term payables 9,583,606.76 8,185,932.62
Special payables
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnEstimated liabilities
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities 1,079,801,765.51 770,218,158.75 590,172,463.96 281,986,531.34
Total liabilities 2,112,892,626.87 1,355,335,725.02 2,145,481,681.72 1,640,309,465.48
Owners’ equity(or shareholders’
equity)
Paid-in capital (or share
capital)
1,011,660,000.00 1,011,660,000.00 1,011,660,000.00 1,011,660,000.00
Capital surplus 978,244,858.10 978,244,858.10 978,244,858.10 978,244,858.10
Less: treasury stock
Specific reserves
Surplus reserves 4,974,391.15 4,974,391.15
General risk provision
Retained earnings -704,221,140.41 -772,463,284.95 -781,357,778.86 -789,486,071.44
Foreign exchange difference 16,731,417.24 15,130,144.02
Total owners’ equity
attributable to holding company
1,307,389,526.08 1,217,441,573.15 1,228,651,614.41 1,200,418,786.66
Minority interest -13,022,972.09 -13,022,972.09
Total owners’ equity 1,294,366,553.99 1,217,441,573.15 1,215,628,642.32 1,200,418,786.66
Total liabilities and owners’
equity
3,407,259,180.86 2,572,777,298.17 3,361,110,324.04 2,840,728,252.14
4.2 Income Statement as of this report period
Prepared by: SHENZHEN Special Economic Zone Real Estate & Properties (Group) Co., Ltd
Jul.-Sept. 2010 Unit: (RMB) Yuan
Amount of current period Amount of last period
Items
Consolidation Parent company Consolidation Parent company
I. Total operating revenue 188,731,241.87 61,081,444.24 162,976,794.33 25,134,528.39
Including: Sales income 188,731,241.87 61,081,444.24 162,976,794.33 25,134,528.39
Interest income
Premium income
Handling charges and
commissions income
II. Total operating cost 175,354,012.11 51,362,184.33 157,549,746.90 31,988,200.30
Including: Operating cost 131,036,208.52 23,311,539.09 124,533,653.90 17,476,721.60
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnInterest cost
Service charges and
commission expenses
Payments on surrenders
Claim expenses-net
Provision for insurance
contract reserve-net
Policyholder dividends
Reinsurance expenses
Business taxes and surcharges 12,274,668.51 7,045,135.09 11,983,042.32 3,524,990.34
Selling expenses 3,260,686.82 17,828.60 1,132,805.14 353,263.06
Administrative expenses 15,004,833.40 5,751,782.46 13,556,886.52 6,206,981.10
Financial expenses 13,777,614.86 15,235,899.09 6,343,359.02 4,426,244.20
Impairment loss 0.00 0.00
Add: gain/loss from changes in
fair value (“-” for loss)
-2,190.25 -2,190.25 -37,320.90 -37,320.90
Gain/loss from investment
(“-” for loss)
98,280.43 98,280.43 105,396.59 105,396.59
Including: investment
gain from associates and joint
ventures
Gain/loss from foreign
exchange difference (“-” for
loss)
III. Operation profit (“-” for
loss)
13,473,319.94 9,815,350.09 5,495,123.12 -6,785,596.22
Add: non-operating incomes 18,246.37 85,842.71 71,597.38
Less: non-operating expenses 50,644.27 24,178.76 19,000.20
Including: loss from disposal
of non-current assets
26,700.50
IV. Total profit (“-” for total
loss)
13,440,922.04 9,815,350.09 5,556,787.07 -6,732,999.04
Less: income tax expenses 445,284.87 2,015,810.32
V. Net profit (“-” for total loss) 12,995,637.17 9,815,350.09 3,540,976.75 -6,732,999.04
Attributable to owners of
parent company
12,995,637.17 9,815,350.09 3,544,156.91 -6,732,999.04
Minority interest -3,180.16
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnVI. Earnings per share
(1) Basic EPS 0.0128 0.0035
(2) Diluted EPS 0.0128 0.0035
VII. Other composite income 1,578,632.76 0.00 0.00 0.00
VIII. Total composite income 14,574,269.93 9,815,350.09 3,540,976.75 -6,732,999.04
Attributable to owners of
parent company
14,574,269.93 9,815,350.09 3,544,156.91 -6,732,999.04
Attributable to minority
shareholders
-3,180.16
4.3 Income statement as of the period from year-begin to the end of report period
Prepared by: SHENZHEN Special Economic Zone Real Estate & Properties (Group) Co., Ltd
Jan.-Sept. 2010 Unit: (RMB) Yuan
Amount of current period Amount of last period
Items
Consolidation Parent company Consolidation Parent company
I. Total operating revenue 707,557,933.94 217,122,116.69 453,788,395.82 81,089,507.31
Including: Sales income 707,557,933.94 217,122,116.69 453,788,395.82 81,089,507.31
Interest income
Premium income
Handling charges and
commissions income
II. Total operating cost 638,488,579.52 210,014,948.60 444,165,289.78 94,251,808.24
Including: Operating cost 469,522,178.86 95,799,802.08 343,034,458.71 49,056,721.96
Interest cost
Service charges and
commission expenses
Payments on surrenders
Claim expenses-net
Provision for insurance contract
reserve-net
Policyholder dividends
Reinsurance expenses
Business taxes and surcharges 67,886,702.53 42,835,653.97 36,768,652.67 12,755,582.07
Selling expenses 8,453,754.26 670,339.21 5,021,276.68 1,271,160.14
Administrative expenses 47,266,606.44 22,856,606.52 43,215,455.63 19,211,313.77
Financial expenses 45,359,337.43 47,852,546.82 16,125,446.09 11,957,030.30
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnImpairment loss
Add: gain/loss from changes in
fair value (“-” for loss)
-26,976.00 -26,976.00 96,515.50 96,515.50
Gain/loss from investment
(“-” for loss)
22,538,341.32 9,851,732.00 7,797,741.73 113,929.17
Including: investment gain
from associates and joint ventures
12,586,609.32 7,683,812.56
Gain/loss from foreign
exchange difference (“-” for
loss)
III. Operation profit (“-” for
loss)
91,580,719.74 16,931,924.09 17,517,363.27 -12,951,856.26
Add: non-operating incomes 141,546.09 90,862.40 116,767.80 71,597.38
Less: non-operating expenses 151,512.00 110,029.80 20,319.04
Including: loss from disposal
of non-current assets
41,110.00 48,532.00
IV. Total profit (“-” for total
loss)
91,570,753.83 17,022,786.49 17,524,101.27 -12,900,577.92
Less: income tax expenses 14,434,115.38 6,283,445.88 21,061.72
V. Net profit (“-” for total loss) 77,136,638.45 17,022,786.49 11,240,655.39 -12,921,639.64
Attributable to owners of parent
company
77,136,638.45 17,022,786.49 11,269,480.88 -12,921,639.64
Minority interest -28,825.49
VI. Earnings per share
(1) Basic EPS 0.0762 0.0111
(2) Diluted EPS 0.0762 0.0111
VII. Other composite income 1,601,273.22 0.00 0.00
VIII. Total composite income 78,737,911.67 17,022,786.49 11,240,655.39 -12,921,639.64
Attributable to owners of parent
company
78,737,911.67 17,022,786.49 11,269,480.88 -12,921,639.64
Attributable to minority
shareholders
-28,825.49
4.4 Cash flow statement as of the period from year-begin to the end of report
period
Prepared by: SHENZHEN Special Economic Zone Real Estate & Properties (Group) Co., Ltd
Jan.-Sept. 2010 Unit: (RMB) Yuan
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnThis period Last period
Items
Consolidation Parent company Consolidation Parent company
I. Cash flow arising in operating activities
Cash received from sales of goods and
rendering of services
880,715,940.54 195,182,777.95 446,290,801.67 80,082,392.42
Net increase in deposit from customers
and due from other institutions
Net increase in borrowings received from
central bank
Net increase in loans from other financial
units
Cash received from premium of original
insurance contract
Net cash received from reinsurance
Net increase in deposit from customers
and investments
Net increase in disposal of transaction
financial assets
Cash received from interests, handling
charges and commissions
Net increase in inter-bank borrowed funds
Net increase in cash received under
repurchasing
Refunds on tax
Other cash received from operating
activities
106,513,588.23 373,609,186.81 64,759,641.88 150,688,813.42
Sub-total of cash inflow from operating
activities
987,229,528.77 568,791,964.76 511,050,443.55 230,771,205.84
Cash paid for purchase of goods and
acceptation of service
986,625,409.46 603,774,638.23 857,994,695.15 612,564,250.28
Net increase in loans and advances
Net increase of deposits in central bank,
banks and other financial institutions
Cash paid for premium of original
insurance contract
Cash paid for interest, handling charges
and commissions
Cash paid for policy dividends
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnCash paid for and to employees 67,214,608.81 24,530,630.50 53,348,347.33 13,949,022.96
Various taxes 78,459,202.03 37,386,809.63 56,937,589.03 15,205,421.44
Other cash paid for relating operating
activities
103,282,905.99 196,988,879.82 108,522,748.78 104,641,656.41
Sub-total cash outflows in operating
activities
1,235,582,126.2
9
862,680,958.18
1,076,803,380.2
9
746,360,351.09
Net cash flow arising in operating
activities
-248,352,597.52 -293,888,993.42 -565,752,936.74 -515,589,145.25
II. Cash flow in investing activities
Cash received from return of investments 2,553,452.35 2,553,452.35 212,325.00 212,325.00
Cash received from investment income 10,151,732.00 10,051,732.00 7,797,741.73 113,929.17
Net cash received from disposal of fixed
assets, intangible assets and other long-term
assets
41,110.00
Net cash received from disposal of
subsidiaries and other operating units
Other cash received relating to investing
activities
Sub-total of cash inflows of investing
activities
12,746,294.35 12,605,184.35 8,010,066.73 326,254.17
Cash paid for acquiring fixed assets,
intangible assets and other long-term assets
2,071,731.60 773,674.60 455,882.43 138,902.54
Cash paid for acquiring investments 159,240.00 159,240.00
Net increase of pledge loans
Net cash paid for acquisition of
subsidiaries and other operating units
Other cash paid to relating investing
activities
Sub-total of cash outflows of investing
activities
2,230,971.60 932,914.60 455,882.43 138,902.54
Net cash flow from investing
activities
10,515,322.75 11,672,269.75 7,554,184.30 187,351.63
III. Cash flows of financing activities
Cash received from absorbing
investments
Including: Cash received from minority
shareholders of subsidiaries
Cash received from borrowings 664,800,000.00 650,000,000.00 750,000,000.00 450,000,000.00
PDF 文件使用 "pdfFactory Pro" 试用版本创建 www.fineprint.cnCash received from bonds issuing
Other cash received relating to financing
activities
Sub-total of cash inflows of financing
activities
664,800,000.00 650,000,000.00 750,000,000.00 450,000,000.00
Cash paid for settling debts 363,333,530.69 340,133,530.69 131,271,864.99 68,571,864.99
Cash paid for distribution of dividends or
profits or reimbursing interest
40,092,880.32 27,498,914.32 15,534,261.04 12,192,471.04
Including: dividends or profits paid to
minority shareholders by subsidiaries
Other cash paid relating to financing
activities
Sub-total of cash outflows of financing
activities
403,426,411.01 367,632,445.01 146,806,126.03 80,764,336.03
Net cash flows of financing activities 261,373,588.99 282,367,554.99 603,193,873.97 369,235,663.97
IV. Effect of foreign exchange rate changes -350,430.82 -145,143.34 157,279.09 -305.46
V. Net increase of cash and cash equivalents 23,185,883.40 5,687.98 45,152,400.62 -146,166,435.11
Add: cash and cash equivalents at the
beginning of this period
386,102,533.51 73,508,120.37 328,413,393.57 188,891,010.32
VI. Cash and cash equivalents at period-end 409,288,416.91 73,513,808.35 373,565,794.19 42,724,575.21
4.5 Auditor’s report
Audit opinion: Unaudited
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