Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Stock Code: 000037, 200037 Notice No.:2012-045
Short Form of the Stock: Shen Nan Dian A, Shen Nan Dian B
The Third Quarterly Report for 2012
I. Important Notes
Board of Directors and the Supervisory Committee of Shenzhen Nanshan Power 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.
Director Yang Haixian, Principal of the Company; GM Fu Bo, Person in Charge of Accounting Work; CFO Lu
Xiaoping and Financial Director Huang Jian, 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) 5,359,397,387.03 5,452,746,682.91 -1.71%
Owners’ equities attributable
to the shareholders of listed 1,553,784,500.30 1,753,371,551.83 -11.38%
company (RMB)
Share capital (Share) 602,762,596.00 602,762,596.00
Net assets per share
attributable to the
2.58 2.91 -11.34%
shareholders of listed
company (RMB/Share)
Increase/decrease over Increase/decrease over
January- September of
July- September of 2012 the same period of the the same period of the
2012
last year (%) last year (%)
Total operating income
325,208,774.15 -47.98% 1,031,050,972.71 -41.7%
(RMB)
Net profit attributable to the
shareholders of listed -93,847,614.89 -199,587,051.53
company (RMB)
Net cash flow arising from
-- -- 37,835,026.90 -81.43%
operating activities (RMB)
Net cash flow arising from
operating activities per share -- --
(RMB/Share)
Basic earnings per share
-0.16 60.39% -0.33 39.21%
(RMB/Share)
Diluted earnings per share
(RMB/Share)
Weighted average return on
-5.86% -12.07%
equity (%)
Weighted average return on
equity after deducting
-6.03% -13.91%
non-recurring gains and losses
(%)
Items and amount with non-recurring gains/losses deducted
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
√Applicable □ Not applicable
Amount from
Item year-begin to Note
period-end (RMB)
Gains and losses from disposal of non-current assets
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 2,582,264.04
governmental subsidy according to the unified national
standard)
Fund occupation expenses received from non-financial
enterprises that reckon into current gains/losses
Income occurred when investment cost paid by enterprise
for obtaining subsidiaries, associates and joint ventures are
lower than its share in fair value of net realizable assets of
invested units
Gains and losses from exchange of non-monetary assets
Gains and losses from entrusted investment or management
assets
Various asset impairment reserve provided for force
majeure, such as natural disaster
Gains/losses from debt reorganization
Reorganization expenses, such as expenditure for allocation
of employees and integration fee
Gains and losses from excess of transaction which are
conducted on a non-fair-valued basis over its fair value
Current net gains and losses of subsidiaries occurred from
combination under the same control commencing from
period-begin to combination date
Gains and losses from contingent events which has no
relation with normal business of the Company
Gains and losses from change of fair values of
held-for-transaction financial assets and financial liabilities
except for the effective hedge business related to normal
business of the Company, and investment income from
disposal of transactional financial assets and liabilities and
financial assets available for sale
Reversal of impairment reserve for account receivable with
separate impairment testing
gains/ losses from external entrustment loans
Gains and losses arising from change of fair value of
investment properties whose follow-up measurement are at
fair value
Affect upon current gains/losses arising from the one-off
adjustment in subject to requirement of laws and rules in
relation to taxation and accounting
Income from entrusted custody operation
Other non-operating income and expenditure except the
437,905.94
abovementioned
Other item that satisfied the definition of non-recurring
gains and losses
Influenced amount of minority shareholders’ equity -2,234,019.54
Impact on income tax
Import VAT refunds for natural gas 29,672,435.72
Total 30,458,586.16 --
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
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Item Amount involved (RMB) Note
(II) Total shareholders at period-end and top ten shareholders
Total number of shareholders
40,368
at the end of report period
Particulars about the shares held by the top ten shareholders with unrestricted conditions
Amount of unrestricted shares Type/amount of shares
Shareholders
held at period-end Type Amount
Shenzhen Guangju Industrial
100,769,712 RMB common share 100,769,712
Co., Ltd.
HONG KONG NAM HOI Domestically listed foreign
92,123,248 92,123,248
(INTERNATIONAL) LTD share
SHENZHEN ENERGY
65,106,130 RMB common share 65,106,130
(GROUP) CO., LTD.
BNP P P/PANDA
Domestically listed foreign
INVESTMENT COMPANY 49,426,518 49,426,518
share
LIMITED
STATE GRID SHENZHEN
ENERGY DEVELOPMENT 35,422,960 RMB common share 35,422,960
(GROUP) CO., LTD.
Wang Lan 1,602,500 RMB common share 1,602,500
Jinbang Security Holding Co., Domestically listed foreign
1,500,000 1,500,000
Ltd share
Wu Suhua 1,351,400 RMB common share 1,351,400
Li Qing 1,280,937 RMB common share 1,280,937
Domestically listed foreign
Li Weiping 1,265,471 1,265,471
share
1. Shenzhen Energy (Group) Co., Ltd. holds indirectly 100% equities of Hong Kong Nam Hoi
(International) Limited;
Explanation on shareholders
2. Among other social public shareholders, the Company did not know whether there were
associated relationships or belonging to consistent actors.
III. Significant events
(I) Particulars about material changes in items of main accounting statement and financial
index, and explanations of reasons
√Applicable □Not applicable
(1) Items in profit
statement
Items +/- Changed Main reasons
Operating income -41.70% Deduction of generating capacity
Deduction of generating capacity
Operating cost -35.53%
while fuel cost soaring
City construction tax and education
Business taxes -43.48%
surcharge decreased
More sales expenses from
Sales expenses 98.82% subordinate enterprise, which was
newly put into production
Has investment losses in last period
Investment income -100.00% while no such losses occurred in this
period
Decline of generation subsidy; y-o-y
Non-operating income -32.96%
decrease of nature gas tax rebate
Non-operating expenditure -90.50% Decline of donation
Less income tax in subordinate
Income tax expenses -69.39%
enterprise
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
(2) Items in balance sheet
Items +/- Changed Main reasons
More account paid in advance for
Account paid in advance 56.36%
suppliers
Other account recei vable -81.01% Equity transfer amount received
Long-term equity More investment in nuclear power
32.16%
investment project in this period
Long-term expenses to be
-39.13% Expenses amortization
appropriate
less bank acceptance bill in
Note receivable -76.45%
purchasing of raw materials
Account payable 67.83% Payable to suppliers increased
Account received in advance for
Account received in advance 52.69%
construction increased
Long-term liability due
-100.00% Due long-term loans are paid
within 1 year
Long-term loans transfer to long-term
Long-term loans -38.46%
liability due within 1 year
Deferred income for technology
Other non-current liability 685.25%
reform increased
Retained profit -43.96% Deficit in operation in this period
(3) Items in cash flow
statement
Items +/- Changed Main reasons
Less power income for less
Net cash flow arising from RMB 165.9387 million generating; y-o-y decline of
operating activities decreased generation subsidiary and nature gas
purchase rebate
The equity transfer amount received
Net cash flow arising from RMB 154.7936 million from Xinchang Company in period;
investment activities increased expenditure of long-term assets
purchasing decreased
Net cash flow arising from RMB 75.2464 million More capital invested from minority
financing activities increased shareholders in Zhongshan Company
2012.1-9 2011.1-9 +/- amount
Net cash flow arising from
3,783.50 20,377.37 -16,593.87
operating activities
Net cash flow arising from
4,379.71 -11,099.65 15,479.36
investment activities
Net cash flow arising from
-7,213.31 -14,737.95 7,524.64
financing activities
Net cash flow per share
arising from operating 0.06 0.34 -0.28
activities (RMB)
(II) Progress of significant events, their influences, and analysis and explanation of their
solutions
1. Qualified opinion
√Applicable □Not applicable
In year 2011, Deloitte Touche Tohmatsu CPAs Co., Ltd. issued qualified auditor’s report with paragraph of
emphasized matters for the Company. During the report period, the matter involved in non-standard qualified
opinion has no any progress. (More details found in notice of No.: 2012-010 published on 24 April 2012)
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Shenzhen Nanshan Power 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
1. As for the Assets Custody Operation Contract in Connection with Burning Machine-Stream Joint Cycle Heat
Power Generation Machine Sets entered into in February 2003, the Company was entrusted to operate and
manage the power generation machine sets owned by its wholly-owned subsidiary New Power Company. During
the reporting period, other than such custody for New Power Company, the Company didn’t trust, contract and
lease any asset of other company, nor was any asset of listed company trusted, contracted and leased by other
company.
2. As considered and approved in the 4th extraordinary general meeting for 2010 of the Company, the Company
and Dongguan branch of Shenzhen Nanshan Power Co., Ltd were enter into natural gas purchase contracts with
Guangdong Trade Branch of CNOOC Gas & Power Group (Guangdong Branch of CNOOC) respectively. In
particular, the term of the contract of the Company (wholly-owned Nanshan Power Plant) was 2 years (January
2011 – December 2012). Totally 280,000 tons of gas are in contract for year of 2012 and 137,000 tons gas have
used; and that of Dongguan branch of Shenzhen Nanshan Power Co., Ltd. was 3 years (January 2011 – December
2013), details of which were disclosed in the announcements No. 2010-048,050 and 058; the gas in contract
amount as 130,000 tons for year of 2012 and 57,100 tons of gas have used. In reporting period, no gas provided
due to the deduction of power generated in plan, the Company is proactively communication with the gas supplier
CNOOC presently.
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
(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
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Content discussed
Date Place Way Type Object and 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: Unit: RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 653,852,959.96 695,095,052.12
Settlement provisions
Capital lent
Transaction finance asset
Notes receivable
Accounts receivable 1,073,656,955.70 934,640,019.03
Accounts paid in advance 49,372,120.45 31,576,397.23
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance
receivable
Interest receivable
Dividend receivable
Other receivables 23,658,539.61 124,599,842.72
Purchase restituted finance asset
Inventories 1,266,688,618.94 1,258,195,597.25
Non-current asset due within one year
Other current assets
Total current assets 3,067,229,194.66 3,044,106,908.35
Non-current assets:
Granted loans and advances
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 49,315,000.00 37,315,000.00
Investment property 4,540,030.93 4,872,045.07
Fixed assets 2,097,539,062.16 2,227,103,579.26
Construction in progress 50,988,650.87 46,866,969.48
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Shenzhen Nanshan Power 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 63,200,138.90 63,807,538.62
Expense on Research and
Development
Goodwill
Long-term expenses to be apportioned 58,319.72 95,810.84
Deferred income tax asset 3,714,114.31 3,714,114.31
Other non-current asset 22,812,875.48 24,864,716.98
Total non-current asset 2,292,168,192.37 2,408,639,774.56
Total assets 5,359,397,387.03 5,452,746,682.91
Current liabilities:
Short-term loans 3,315,751,220.78 3,265,824,953.89
Loan from central bank
Absorbing deposit and interbank
deposit
Capital borrowed
Transaction financial liabilities
Notes payable 10,320,000.00 43,820,200.00
Accounts payable 360,416,170.41 214,748,889.66
Accounts received in advance 22,272,000.00 14,586,000.00
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 38,533,074.99 32,691,674.04
Taxes payable -566,879,751.65 -521,900,793.90
Interest payable 86,481,126.85 75,462,594.51
Dividend payable
Other accounts payable 311,774,719.76 358,597,380.00
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Non-current liabilities due within 1
50,000,000.00
year
Other current liabilities
Total current liabilities 3,578,668,561.14 3,533,830,898.20
Non-current liabilities:
Long-term loans 16,000,000.00 26,000,000.00
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities 40,085,307.62 5,104,791.66
Total non-current liabilities 56,085,307.62 31,104,791.66
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Total liabilities 3,634,753,868.76 3,564,935,689.86
Owner’s equity (or shareholders’ equity):
Paid-in capital (or share capital) 602,762,596.00 602,762,596.00
Capital public reserve 363,629,927.51 363,629,927.51
Less: Inventory shares
Reasonable reserve
Surplus public reserve 332,908,397.60 332,908,397.60
Provision of general risk
Retained profit 254,483,579.19 454,070,630.72
Balance difference of foreign
currency translation
Total owner’s equity attributable to parent
1,553,784,500.30 1,753,371,551.83
company
Minority interests 170,859,017.97 134,439,441.22
Total owner’s equity(or shareholders’
1,724,643,518.27 1,887,810,993.05
equity)
Total liabilities and owner’s equity(or
5,359,397,387.03 5,452,746,682.91
shareholders’ equity)
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
2. Balance Sheet of parent company
Prepared by: Unit: RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 398,540,507.26 303,150,447.89
Transaction finance asset
Notes receivable
Accounts receivable 589,627,796.27 646,023,065.42
Accounts paid in advance 799,840.42 489,676.70
Interest receivable
Dividend receivable 654,140,866.58 654,140,866.58
Other receivables 1,439,600,859.92 1,525,724,625.88
Inventories 93,218,294.89 112,185,828.84
Non-current asset due within one year
Other current assets 205,000,000.00
Total current assets 3,175,928,165.34 3,446,714,511.31
Non-current assets:
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable 741,297,849.76 536,797,849.76
Long-term equity investment
Investment real estate
Fixed assets 291,495,525.49 327,435,225.16
Construction in progress 36,865,190.75 36,184,921.10
Engineering material
Disposal of fixed asset
Productive biological asset
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Oil and gas asset
Intangible assets 9,661,031.72 10,658,977.27
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned 58,319.72 95,810.84
Deferred income tax asset
Other non-current asset
Total non-current asset 1,079,377,917.44 911,172,784.13
Total assets 4,255,306,082.78 4,357,887,295.44
Current liabilities:
Short-term loans 1,864,000,000.00 1,880,824,953.89
Transaction financial liabilities
Notes payable
Accounts payable 260,439,419.80 145,440,717.47
Accounts received in advance 14,586,000.00 14,586,000.00
Wage payable 23,433,862.33 16,426,938.52
Taxes payable -427,633,602.29 -414,050,692.13
Interest payable 6,101,648.88 5,585,474.16
Dividend payable
Other accounts payable 867,324,526.85 1,064,365,847.79
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 2,608,251,855.57 2,713,179,239.70
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities 35,181,140.99
Total non-current liabilities 35,181,140.99 0.00
Total liabilities 2,643,432,996.56 2,713,179,239.70
Owner’s equity (or shareholders’ equity):
Paid-up capital (or share capital) 602,762,596.00 602,762,596.00
Capital public reserve 288,769,132.47 288,769,132.47
Less: Inventory shares
Reasonable reserve
Surplus public reserve 332,908,397.60 332,908,397.60
General risk reserve
Retained profit 387,432,960.15 420,267,929.67
Balance difference of foreign currency
translation
Total owner’s equity(or shareholders’
1,611,873,086.22 1,644,708,055.74
equity)
Total liabilities and owner’s equity(or
4,255,306,082.78 4,357,887,295.44
shareholders’ equity)
Legal representative: Yang Haixian
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
3. Consolidated Profit Statement (this report period)
Prepared by: Unit: RMB
Item Amount in this period Amount in last period
I. Total operating income 325,208,774.15 625,176,765.62
Including: Operating income 325,208,774.15 625,176,765.62
Interest income
Insurance gained
Commission charge and commission
income
II. Total operating cost 654,497,626.48 1,116,715,476.92
Including: Operating cost 577,082,890.89 1,038,300,712.49
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 1,524,313.83 4,649,999.64
Sales expenses 725,163.37 225,113.20
Administration expenses 24,186,774.58 22,776,679.62
Financial expenses 50,978,483.81 50,762,971.97
Losses of devaluation of asset
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with “-”) -22,231,300.41
Including: Investment income on affiliated
-22,231,300.41
company and joint venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with
-329,288,852.33 -513,770,011.71
“-”)
Add: Non-operating income 219,351,220.16 445,174,825.05
Less: Non-operating expense 100,000.00
Including: Disposal loss of non-current
-162,698.07
asset
IV. Total Profit (Loss is listed with “-”) -109,937,632.17 -68,695,186.66
Less: Income tax expense 38,927.06 -1,371,987.38
V. Net profit (Net loss is listed with “-”) -109,976,559.23 -67,323,199.28
Including: net profit realized before
consolidation by mergered party
Net profit attributable to owner’s of parent
-93,847,614.89 -58,511,935.94
company
Minority shareholders’ gains and losses -16,128,944.34 -8,811,263.34
VI. Earnings per share -- --
i. Basic earnings per share -0.16 -0.1
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
ii. Diluted earnings per share
VII. Other consolidated income
VIII. Total comprehensive income -109,976,559.23 -67,323,199.28
Total consolidated income attributable to
-93,847,614.89 -58,511,935.94
owners of parent company
Total consolidated income attributable to
-16,128,944.34 -8,811,263.34
minority shareholders
The merger realized net profit RMB before consolidation during enterprises consolidation under a same control.
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
4. Profit Statement of parent company (this report period)
Prepared by: Unit: RMB
Items Amount in this period Amount in last period
I. Operating income 130,251,183.74 273,909,455.09
Less: operating cost 259,637,602.56 465,808,124.80
Operating tax and extras 1,110,823.14 1,137,241.11
Sales expenses
Administration expenses 11,603,078.65 9,262,364.60
Financial expenses 17,505,904.84 20,060,776.97
Losses of devaluation of asset
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with “-”) 49,340,659.46
Including: Investment income on affiliated
-22,231,300.41
company and joint venture
II. Operating profit (Loss is listed with
-159,606,225.45 -173,018,392.93
“-”)
Add: Non-operating income 106,765,077.11 228,589,391.05
Less: Non-operating expense 100,000.00
Including: Disposal loss of non-current
asset
III. Total Profit (Loss is listed with “-”) -52,841,148.34 55,470,998.12
Less: Income tax expense
IV. Net profit (Net loss is listed with “-”) -52,841,148.34 55,470,998.12
V. Earnings per share -- --
i. Basic earnings per share
ii. Diluted earnings per share
VI. Other consolidated income
VII. Total comprehensive income -52,841,148.34 55,470,998.12
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
5. Consolidated profit statement (year-begin to end of this period)
Prepared by: Unit: RMB
Item Amount in this period Amount in last period
I. Total operating income 1,031,050,972.71 1,768,590,376.40
Including: Operating income 1,031,050,972.71 1,768,590,376.40
Interest income
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Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Insurance gained
Commission charge and commission
income
II. Total operating cost 1,957,015,767.33 2,897,056,424.21
Including: Operating cost 1,723,912,065.25 2,673,883,744.17
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 4,804,173.48 8,500,355.26
Sales expenses 1,235,320.21 621,315.83
Administration expenses 74,785,085.51 73,376,179.38
Financial expenses 152,279,122.88 140,674,829.57
Losses of devaluation of asset
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with “-”) -62,088,797.89
Including: Investment income on affiliated
-62,088,797.89
company and joint venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with
-925,964,794.62 -1,190,554,845.70
“-”)
Add: Non-operating income 693,512,658.61 1,034,489,508.23
Less: Non-operating expense 37,764.81 397,324.48
Including: Disposal loss of non-current
asset
IV. Total Profit (Loss is listed with “-”) -232,489,900.82 -156,462,661.95
Less: Income tax expense 677,573.96 2,213,357.77
V. Net profit (Net loss is listed with “-”) -233,167,474.78 -158,676,019.72
Including: net profit realized before
consolidation by mergered party
Net profit attributable to owner’s of parent
-199,587,051.53 -143,367,803.25
company
Minority shareholders’ gains and losses -33,580,423.25 -15,308,216.47
VI. Earnings per share -- --
i. Basic earnings per share -0.33 -0.24
ii. Diluted earnings per share
VII. Other consolidated income
VIII. Total comprehensive income -233,167,474.78 -158,676,019.72
Total consolidated income attributable to
-199,587,051.53 -143,367,803.25
owners of parent company
Total consolidated income attributable to
-33,580,423.25 -15,308,216.47
minority shareholders
The merger realized net profit RMB 0.00 before consolidation during enterprises consolidation under a same
control.
12
Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
6. Profit Statement of parent company (year-begin to end of this period)
Prepared by: Unit: RMB
Items Amount in this period Amount in last period
I. Operating income 474,721,369.05 716,517,550.51
Less: operating cost 793,555,266.93 1,160,090,808.12
Operating tax and extras 3,744,057.77 2,909,634.40
Sales expenses
Administration expenses 35,195,933.63 28,545,826.56
Financial expenses 45,036,646.61 57,749,587.48
Losses of devaluation of asset
Add: Changing income of fair value(Loss
is listed with “-”)
Investment income (Loss is listed with “-”) 9,483,161.98
Including: Investment income on affiliated
-62,088,797.89
company and joint venture
II. Operating profit (Loss is listed with
-402,810,535.89 -523,295,144.07
“-”)
Add: Non-operating income 369,978,352.21 511,166,449.49
Less: Non-operating expense 2,785.84 103,846.41
Including: Disposal loss of non-current
asset
III. Total Profit (Loss is listed with “-”) -32,834,969.52 -12,232,540.99
Less: Income tax expense
IV. Net profit (Net loss is listed with “-”) -32,834,969.52 -12,232,540.99
V. Earnings per share -- --
i. Basic earnings per share
ii. Diluted earnings per share
VI. Other consolidated income
VII. Total comprehensive income -32,834,969.52 -12,232,540.99
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
7. Consolidated Cash Flow Statement (year-begin to end of this period)
Prepared by: Unit: RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating
activities:
Cash received from selling commodities
1,359,541,121.17 2,366,950,347.16
and providing labor 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
13
Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
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 operating
451,491,105.11 195,939,905.26
activities
Subtotal of cash inflow arising from
1,811,032,226.28 2,562,890,252.42
operating activities
Cash paid for purchasing commodities and
1,616,195,542.93 2,130,519,589.77
receiving labor 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 80,292,827.32 81,734,927.62
Taxes paid 24,854,285.83 82,207,360.79
Other cash paid concerning operating
51,854,543.30 64,654,687.26
activities
Subtotal of cash outflow arising from
1,773,197,199.38 2,359,116,565.44
operating activities
Net cash flows arising from operating
37,835,026.90 203,773,686.98
activities
II. Cash flows arising from investing
activities:
Cash received from recovering investment 106,342,100.00
Cash received from investment income
Net cash received from disposal of fixed,
4,344,000.00
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
106,342,100.00 4,344,000.00
activities
Cash paid for purchasing fixed, intangible
50,545,020.48 67,459,535.68
and other long-term assets
Cash paid for investment 12,000,000.00 47,881,000.00
Net increase of mortgaged loans
Net cash received from subsidiaries and
other units
Other cash paid concerning investing
activities
Subtotal of cash outflow from investing
62,545,020.48 115,340,535.68
activities
Net cash flows arising from investing
43,797,079.52 -110,996,535.68
activities
III. Cash flows arising from financing
activities
Cash received from absorbing investment 70,000,000.00
14
Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Including: Cash received from absorbing
minority shareholders’ investment by
subsidiaries
Cash received from loans 2,657,751,220.78 2,941,100,000.00
Cash received from issuing bonds
Other cash received concerning financing
116,036,060.00
activities
Subtotal of cash inflow from financing
2,843,787,280.78 2,941,100,000.00
activities
Cash paid for settling debts 2,667,824,953.89 2,906,600,000.00
Cash paid for dividend and profit
179,595,456.53 181,879,513.41
distributing or interest paying
Including: Dividend and profit of minority
shareholder paid by subsidiaries
Other cash paid concerning financing
68,500,000.00
activities
Subtotal of cash outflow from financing
2,915,920,410.42 3,088,479,513.41
activities
Net cash flows arising from financing
-72,133,129.64 -147,379,513.41
activities
IV. Influence on cash and cash equivalents
34,991.06 -161,720.15
due to fluctuation in exchange rate
V. Net increase of cash and cash
9,533,967.84 -54,764,082.26
equivalents
Add: Balance of cash and cash equivalents
629,318,992.12 591,386,814.04
at the period -begin
VI. Balance of cash and cash equivalents at
638,852,959.96 536,622,731.78
the period -end
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
8. Cash Flow Statement of parent company (year-begin to end of this period)
Prepared by: Unit: RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating
activities:
Cash received from selling commodities
699,578,763.38 1,157,327,577.86
and providing labor services
Write-back of tax received
Other cash received concerning operating
1,143,071,611.54 566,494,751.50
activities
Subtotal of cash inflow arising from
1,842,650,374.92 1,723,822,329.36
operating activities
Cash paid for purchasing commodities and
695,489,427.34 852,387,651.10
receiving labor service
Cash paid to/for staff and workers 42,253,733.56 46,861,193.70
Taxes paid 9,121,561.20 11,576,168.94
Other cash paid concerning operating
754,585,306.91 644,983,666.48
activities
Subtotal of cash outflow arising from
1,501,450,029.01 1,555,808,680.22
operating activities
Net cash flows arising from operating
341,200,345.91 168,013,649.14
activities
II. Cash flows arising from investing
activities:
Cash received from recovering investment 106,342,100.00 0.00
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
15
Shenzhen Nanshan Power Co., Ltd. The Third Quarterly Report for 2012(Full-text)
Other cash received concerning investing
activities
Subtotal of cash inflow from investing
106,342,100.00 0.00
activities
Cash paid for purchasing fixed, intangible
33,042,996.54 59,794,754.15
and other long-term assets
Cash paid for investment 204,500,000.00 56,841,000.00
Net cash received from subsidiaries and
other units
Other cash paid concerning investing
activities
Subtotal of cash outflow from investing
237,542,996.54 116,635,754.15
activities
Net cash flows arising from investing
-131,200,896.54 -116,635,754.15
activities
III. Cash flows arising from financing
activities
Cash received from absorbing investment
Cash received from loans 1,494,000,000.00 1,774,100,000.00
Cash received from issuing bonds
Other cash received concerning financing
activities
Subtotal of cash inflow from financing
1,494,000,000.00 1,774,100,000.00
activities
Cash paid for settling debts 1,510,824,953.89 1,809,600,000.00
Cash paid for dividend and profit
97,784,601.45 104,343,358.66
distributing or interest paying
Other cash paid concerning financing
activities
Subtotal of cash outflow from financing
1,608,609,555.34 1,913,943,358.66
activities
Net cash flows arising from financing
-114,609,555.34 -139,843,358.66
activities
IV. Influence on cash and cash equivalents
165.34 -2,395.57
due to fluctuation in exchange rate
V. Net increase of cash and cash
95,390,059.37 -88,467,859.24
equivalents
Add: Balance of cash and cash equivalents
303,150,447.89 269,369,131.18
at the period -begin
VI. Balance of cash and cash equivalents at
398,540,507.26 180,901,271.94
the period -end
Legal representative: Yang Haixian
Person in charge of accounting works: GM Fu Bo; CFO Lu Xiaoping
Person in charge of accounting institution: Financial Director Huang Jian
(II) Auditing Report
Auditing Opinion
Text of auditing report
16
