SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD.
FULL TEXT OF THIRD QUARTERLY REPORT OF 2015
Part I Important Notice
The Board of Directors, the Board of Supervisors, directors, supervisors and senior management guarantee that
there are no omissions, misstatement, or misleading information in this quarterly report. The directors, supervisors
and senior management are responsible, individually and jointly, for the authenticity, accuracy and integrity of the
information herein.
All directors attended the board meeting.
Mr. Tian Junyan, Chairman of the Board, Mdm. Yu Zhongxia, Deputy General Manager &Financial Controller
and Mdm. Sun Yuhui, Financial Manager, all guarantee the authenticity and integrity of the financial result in this
report.
The report is written in both Chinese and English. In case of conflict between the two versions, Chinese version
shall prevail.
1
PART II Major Accounting Data and Change of Shareholders
I. Major Accounting Data
September 30, December 31, 2014 Change（%）
2015 Before Adjustment After Adjustment After Adjustment
Total Assets(RMB) 5,539,125,123.37 5,389,629,871.81 5,389,629,871.81 2.77%
Owners Equity Attributed to
Shareholders of Listed 1,732,031,150.67 1,690,486,032.37 1,690,486,032.37 2.46%
Company(RMB)
July to January to
Change（%） Change（%）
September, 2015 September, 2015
Operating Revenue(RMB) 170,600,550.00 -8.47% 477,719,622.68 -10.98%
Net Profit Attributed to
Shareholders of Listed Company 28,165,868.96 -40.33% 70,795,802.44 -57.48%
(RMB)
Net profit after deducting
non-recurring gains& 27,854,136.96 -52.93% 67,377,756.53 -61.53%
losses(RMB)
Net Cash Flows from Operating --
-- 231,954,433.51 -21.61%
Activities(RMB)
Basic Earnings per Share
0.12 -40.00% 0.31 -56.94%
(RMB/Share)
Diluted Earnings per Share
Inapplicable Inapplicable Inapplicable Inapplicable
(RMB/Share)
Weighted Average Return on
1.62% -2.06% 4.01% -7.47%
Equity（%）
Note:
Blogis (Hongkong) Limited has acquired 100% equity of China Huitong (H.K.) Limited in October, 2014.
According to the Accounting Standards for Business Enterprises (the “ASBEs”), the acquisition results in changes
of consolidation scope due to business combination involving enterprises under common control and restating the
financial report for the third quarter of 2014.
Items of Non-recurring Gains and Losses
√ Applicable □Inapplicable
Unit: RMB
Item January to September, 2015
Disposal of non-current assets, including the part offset with the provision for
-137,604.24
impairment of assets
Government grants recognized in current years profit or loss (except for the
fixed or quantitative government grants closely related to the enterprise 5,517,189.88
businesses according to the national unified standard)
Other non-operating revenue and expenditure excluding the above-mentioned
16,592.50
items
Less: Influence on income tax 1,211,230.45
Influence on minority interest (after tax) 766,901.78
Total 3,418,045.91
For the Companys non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on
2
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.
□ Applicable √ Inapplicable
II. Number of Shareholders and Shares Held by Top Ten Shareholders
1. Number of Shareholders and Shares Held by Top Ten Shareholders
Total Shareholders 6,909
Top Ten Common Shareholders
Total Impawned or
Ratio Non-tradable
Name（full name） Nature Shares Frozen Shares
（％） Shares Held
Held Status Shares
CHINA NANSHAN DEVELOPMENT (GROUP) Domestic Legal
51.79% 119,420,000 119,420,000 - 0
INCORPORATION Person
Foreign Legal
China Logistics Holding (12) PTE.LTD. 19.90% 45,890,000 0 - Unknown
Person
CHINA MECHANTS SECURITIES (HONGKONG) State-owned
1.44% 3,313,824 0 - Unknown
LTD Legal Person
Foreign Legal
CREDIT SUISSE (HONG KONG) LIMITED 1.15% 2,645,599 0 - Unknown
Person
GUOTAI JUNAN SECURITIES(HONGKONG) Foreign Legal
0.88% 2,036,174 0 - Unknown
LIMITED Person
Foreign Legal
GREENWOODS CHINA ALPHA MASTER FUND 0.43% 984,693 0 - Unknown
Person
Domestic
LI WEI 0.26% 604,900 0 - Unknown
Natural Person
Foreign Natural
YU LING FENG 0.20% 453,083 0 - Unknown
Person
Domestic
PAN BO 0.18% 416,200 0 - Unknown
Natural Person
Domestic
LI MING YA 0.17% 402,580 0 - Unknown
Natural Person
Top Ten Tradable Shareholders 2
Type
Name（full name） Shares Held
Type Shares
China Logistics Holding (12) PTE.LTD. 45,890,000 B 45,890,000
CHINA MECHANTS SECURITIES (HONGKONG) LTD 3,313,824 B 3,313,824
CREDIT SUISSE (HONG KONG) LIMITED 2,645,599 B 2,645,599
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 2,036,174 B 2,036,174
GREENWOODS CHINA ALPHA MASTER FUND 984,693 B 984,693
LI WEI 604,900 B 604,900
YU LING FENG 453,083 B 453,083
PAN BO 416,200 B 416,200
LI MING YA 402,580 B 402,580
LI SEN ZHUANG 359,686 B 359,6860
Among the top ten shareholders, the domestic
legal entity shareholder, China Nanshan
Explanation for the Affiliated Relations or United Action of Development (Group) Incorporation has no
the Top Ten Shareholders affiliated relations with other shareholders and
does not fall into the scope of united action person
stipulated by “Regulation of Information
Disclosure of the Change of Shareholding of listed
3
company”. It is unknown that whether other
tradable-share shareholders fall into the scope of
united action person.
Whether shareholders appointed repurchase transaction during reporting period
□ Yes √ No
2. Preferred Shares
□ Applicable √ Inapplicable
Part III Significant Events
I. Explanation on the Significant Changes for Main Accounting Data and Financial Indicators.
√ Applicable □Inapplicable
Unit: RMB
1st-3rd Quarter of 1st-3rd Quarter of
2015 2014 Change
No. Item Note
September 30, December 31, (%)
2015 2014
1 Notes Receivable Nanjing Baowan received bankers
- 10,000,000.00 -100.00%
acceptance in the report period.
2 Prepayments
712,523.76 373,220.41 90.91% Insurance prepayment.
3 Interest Receivable Financial benefits due from financing
- 3,573,311.30 -100.00%
products
4 Deferred Tax Assets
27,168,589.97 17,117,751.96 58.72% Deferred income tax accrued by the Company.
5 Employee Benefits Payable
21,638,642.03 31,424,490.98 -31.14% Bonus paid for last year in the report period.
6 Taxes Payable Income tax paid for last year annual
18,429,622.95 40,439,178.66 -54.43%
settlement of income tax.
7 Interest Payable
79,880,610.00 36,404,811.44 119.42% Accrued interest in the report period.
8 Other Non-Current Paid back loans borrowed from Nanshan
- 300,000,000.00 -100.00%
Liabilities Group.
9 Other Comprehensive Converted difference in foreign currency
-187,791.58 652,079.14 -128.80%
Income statements due to fluctuations in exchange.
10 Special Reserve Safety production provision in the report
5,576,734.07 4,240,147.49 31.52%
period.
11 Business Taxes and Levies Expiration of tax preferential policy for land
29,942,187.10 20,253,497.34 47.84%
use.
12 Selling Expenses Increase of intermediary fees in the report
1,559,819.54 138,121.62 1029.31%
period.
13 Non-operating Expenses Offset compensation provisions in the same
306,507.99 -67,881.15 -551.54%
period of last year by Shanghai Baowan.
14 Income Tax Expenses
22,043,581.78 38,828,957.89 -43.23% Decrease of total profit.
15 Tax Refunds Tax subsidies received by the Company in the
352,345.09 1,277,883.87 -72.43%
same period of last year.
16 Cash receipts from Because the Company received CSEs
investment income dividends for 2014 in the reporting period;
14,329,928.96 48,000,000.00 -70.15% while the dividends received in last period
from CSE is cumulative dividends for
previous years.
4
17 Other cash receipts relating Decrease of purchasing financial product.
1,101,075,486.51 2,350,790,958.59 -53.16%
to investing activities
18 Cash payments to acquire or Land payment in the same period of last year.
construct fixed assets,
368,213,505.53 576,366,955.88 -36.11%
intangible assets and other
long-term assets
19 Other cash payments Decrease of purchasing financial product.
relating to investing 1,076,000,000.00 2,266,359,400.00 -52.52%
activities
20 Cash payments for Cash dividends distribution in the report
distribution of dividends or period.
92,734,498.01 53,592,204.87 73.04%
profits or settlement of
interest expenses
21 Other cash payments Guarantee fee paid for corporate bonds in the
relating to financing 1,201,200.00 3,481,200.00 -65.49% same period of last year.
activities
II. Significant Event and its Impact
√ Applicable □ Inapplicable
The thirteenth session of the 7th Board of Directors reviewed and approved the proposal of delisting domestically
listed foreign shares from Shenzhen Stock Exchange & changing to be listed and traded on the main board of
Stock Exchange of Hong Kong Limited by way of introduction & Issuance of H-share. The Company will hold
another board meeting and shareholders meeting to approved the detailed arrangement for the above-mentioned
proposal. Meanwhile, the proposal needs to be approved by SEHK, CSRC, SSE, etc.
Introduction Disclosure Date Disclosure Index
B share converted to H share April 25, 2015 www.cninfo.com.cn
III. Fulfillment of Commitment by Shareholders with More than 5% Shares
√ Applicable □Inapplicable
Commit
Promisee Content Beginning Term Status
ments
Nanshan Group Commitment for land use 1997-8-1 2022-7-31 On duty
Resolving payment difficulties by
Nanshan Group China Development Finance 2014-1-6 2017-1-5 On duty
Company Limited
Other Providing regular monthly financial
Commit The Company statements to the controlling 2007-10-25 Long term effective On duty
ments shareholder
Issuance of "Medium-term Notes for
The Company 2012-3-7 2017-3-6 On duty
2012"
Issuance of "12 Base Bonds"
The Company 2013-1-9 2020-1-8 On duty
commitment
Fulfill
commit
Yes
ments
timely
IV. Prediction of Business Performance for Year 2015
□Applicable √Inapplicable
5
V. Stock Investment
□Applicable √Inapplicable
VI. Other Listed Company Held
□Applicable √Inapplicable
VII. Investment of Financial of Derivatives
□Applicable √Inapplicable
VIII. Reception of Investors and Medias
√Applicable □Inapplicable
Topics Discussed and
Date Place Method Type Name
Documents Provided
First State Business operation and
Conference
September 21, Investment development for
Room of the Field Research Institute
2015 (Hong Kong) logistics parks. No
Company
Limited documents provided.
IX. Illegal Guarantee
□Applicable √Inapplicable
X. Non-operation Oriented Fund Occupancy by the Controlling Shareholder and/or Related Parties
□ Applicable √ Inapplicable
6
Part Ⅳ Financial Statements
I. Financial Statements
1、Consolidated Balance Sheet
Sep 30 2015 Currency: RMB
Items Ending Balance Beginning Balance
Current Assets:
Cash And Bank Balances
283,206,178.86 375,328,861.18
Notes Receivable
10,000,000.00
Accounts Receivable
51,711,999.25 53,234,644.64
Prepayments
712,523.76 373,220.41
Interest Receivable
3,573,311.30
Dividends Receivable
Other Receivables
50,098,725.13 61,287,160.23
Inventories
1,022,991.75 1,054,046.42
Other Current Assets
420,000,000.00 390,000,000.00
Total Current Assets
806,752,418.75 894,851,244.18
Non-Current Assets:
Long-Term Equity Investments
567,939,948.78 537,962,041.17
Investment Properties 1,425,109,995.67
1,267,169,209.29
Fixed Assets
847,266,608.18 777,313,197.48
Construction In Progress
221,967,799.39 300,456,627.34
Fixed Assets Disposal
156,024.26
Intangible Assets 1,460,007,456.34
1,341,187,179.75
Deferred Tax Assets
27,168,589.97 17,117,751.96
Other Non-Current Assets
182,756,282.03 253,572,620.64
Total Non-Current Assets 4,732,372,704.62
4,494,778,627.63
Total Assets 5,539,125,123.37
5,389,629,871.81
Current Liabilities:
Short-Term Borrowings
300,000,000.00
Accounts Payable
10,065,390.29 10,358,009.24
Receipts In Advance
6,248,780.11 5,067,901.21
Employee Benefits Payable
21,638,642.03 31,424,490.98
Taxes Payable
18,429,622.95 40,439,178.66
7
Interest Payable 79,880,610.00 36,404,811.44
Dividends Payable
Other Payables
420,931,763.18 439,034,917.38
Non-Current Liabilities Due Within One
Year 1,349,351.16 1,349,351.16
Other Current Liabilities
300,000,000.00
Total Current Liabilities
858,544,159.72 864,078,660.07
Non-Current Liabilities:
Long-Term Borrowings
489,781,560.71 390,816,685.64
Bonds Payable
966,789,000.00 965,677,500.00
Long-Term Payables
251,417,853.31 251,417,853.31
Deferred Income
Other Non-Current Liabilities
928,148,646.13 929,216,909.50
Total Non-Current Liabilities 2,636,137,060.15
2,537,128,948.45
Total Liabilities 3,494,681,219.87
3,401,207,608.52
Shareholders' Equity:
Share Capital
230,600,000.00 230,600,000.00
Capital Reserve
234,141,186.09 234,141,186.09
Other Comprehensive Income
-187,791.58 652,079.14
Special Reserve
5,576,734.07 4,240,147.49
Surplus Reserve
314,528,741.59 307,084,630.25
Unappropriated Profits
947,372,280.50 913,767,989.40
Total Shareholders' Equity Attributable To
1,732,031,150.67
Equity Holders Of The Company 1,690,486,032.37
Minority Interests
312,412,752.83 297,936,230.92
Total Shareholders' Equity 2,044,443,903.50
1,988,422,263.29
Total Liabilities And Shareholders' Equity 5,539,125,123.37
5,389,629,871.81
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
8
2、Balance Sheet of the Company
Sep 30 2015 Currency: RMB
Items Ending Balance Beginning Balance
Current Assets:
Cash And Bank Balances
54,035,962.15 110,176,958.92
Notes Receivable
Accounts Receivable
25,756,912.82 34,383,433.27
Prepayments
383,075.95 162,238.73
Interest Receivable
3,242,328.77
Dividends Receivable
Other Receivables 1,419,545,851.52
1,479,302,828.83
Inventories
673,331.87 618,056.60
Other Current Assets
360,000,000.00 278,000,000.00
Total Current Assets 1,860,395,134.31
1,905,885,845.12
Non-Current Assets:
Long-Term Equity Investments 1,465,845,528.48
1,409,767,800.88
Investment Properties
123,072,088.75 107,855,864.11
Fixed Assets
63,636,386.44 70,348,373.29
Construction In Progress
3,406,931.98 23,265,903.87
Fixed Assets Disposal
92,262.00
Intangible Assets
296,497,450.18 308,975,078.68
Deferred Tax Assets
7,659,072.60 137,885.22
Other Non-Current Assets
294,733.64 417,184.70
Total Non-Current Assets 1,960,504,454.07
1,920,768,090.75
Total Assets 3,820,899,588.38
3,826,653,935.87
Current Liabilities:
Short-Term Borrowings
300,000,000.00
Accounts Payable
9,844,802.68 10,133,886.43
Receipts In Advance
Employee Benefits Payable
15,422,165.14 22,196,600.51
Taxes Payable
1,637,541.05 26,735,284.42
Interest Payable
79,755,632.37 36,195,924.54
Dividends Payable
Other Payables
66,614,903.54 74,542,526.68
9
Non-Current Liabilities Due Within One
Year 1,349,351.16 1,349,351.16
Other Current Liabilities
300,000,000.00
Total Current Liabilities
474,624,395.94 471,153,573.74
Non-Current Liabilities:
Long-Term Borrowings
181,874,302.04 182,524,302.04
Bonds Payable
966,789,000.00 965,677,500.00
Long-Term Payables
Deferred Income
Other Non-Current Liabilities
716,704,896.13 717,716,909.50
Total Non-Current Liabilities 1,865,368,198.17
1,865,918,711.54
Total Liabilities 2,339,992,594.11
2,337,072,285.28
Shareholders' Equity:
Share Capital
230,600,000.00 230,600,000.00
Capital Reserve
204,534,849.49 204,534,849.49
Other Comprehensive Income
Special Reserve
5,432,031.67 4,103,762.23
Surplus Reserve
314,528,741.59 307,084,630.25
Unappropriated Profits
725,811,371.52 743,258,408.62
Total Shareholders' Equity 1,480,906,994.27
1,489,581,650.59
Total Liabilities And Shareholders' Equity 3,820,899,588.38
3,826,653,935.87
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
10
3、Consolidated Income Statement QTD
From Jul 01 2015to Sep 30 2015 Currency：RMB
Same Period Last
Items Current Period
Year(Restated)
I. Total operating income
170,600,550.00 186,383,080.08
Including: Operating income
170,600,550.00 186,383,080.08
Less: Total operating costs
149,393,680.44 141,519,802.29
Including: Operating costs
74,755,187.33 66,949,869.96
Business taxes and levies
9,047,442.54 6,601,828.31
Selling expenses
1,292,201.53 103,231.92
General and administrative expenses
21,745,533.45 23,406,053.23
Financial expenses
42,553,315.59 44,458,818.87
Impairment losses of assets
Add: Investment income
19,817,551.38 23,155,340.76
Including: Income from investments inassociates and joint
ventures 13,678,482.38 14,744,639.78
II. Operating profit
41,024,420.94 68,018,618.55
Add: Non-operating income
693,362.95 762,384.28
Less: Non-operating expenses
196,354.75 54,729.17
Including: Losses from disposal of non-current assets
189,898.69
III. Gross profit
41,521,429.14 68,726,273.66
Less: Income tax expenses
8,511,435.60 16,265,339.93
IV. Net profit
33,009,993.54 52,460,933.73
Net profit attributable to owners of the Company
28,165,868.96 47,203,883.07
Profit or loss attributable to minority shareholders
4,844,124.58 5,257,050.66
V. Post-tax net value of other comprehensive income
6,467.97
Post-tax net value of other comprehensive
incomeattributable to owners of the Company 5,003.62
Including: Translation differences arising on translation of
financial statements denominated in foreign currencies 5,003.62
Post-tax net value of other comprehensive income
attributable to minority shareholders 1,464.35
11
VI. Total comprehensive income:
33,016,461.51 52,460,933.73
Total comprehensive income attributable to owners of the
Company 28,170,872.58 47,203,883.07
Total comprehensive income attributable to minority
shareholders 4,845,588.93 5,257,050.66
VII. Earnings per share:
(I) Basic earnings per share
0.12 0.20
(II) Diluted earnings per share Not applicable Not applicable
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
12
4、Income Statement of the Company QTD
From Jul 01 2015 to Sep 30 2015 Currency：RMB
Items Current Period Same Period Last Year
I. Operating income
44,731,110.40 93,405,933.96
Less: Operating costs
26,135,871.73 34,769,184.72
Business taxes and levies
1,039,509.84 1,971,358.83
General and administrative expenses
9,175,148.24 10,183,288.49
Financial expenses
17,344,309.45 20,752,262.33
Impairment loss of assets
Add: Investment income
19,817,551.38 23,118,584.60
Including: Income from investments in associates
and joint ventures 13,678,482.38 14,744,639.78
II. Operating profit
10,853,822.52 48,848,424.19
Add: Non-operating income
12,168.93 478,175.18
Less: Non-operating expenses
2,003.94 2,000.00
Including: Losses from disposal of non-current
assets 3.94
III. Gross profit
10,863,987.51 49,324,599.37
Less: Income tax expenses
-721,059.52 8,656,984.35
IV. Net profit
11,585,047.03 40,667,615.02
V. Other comprehensive income
VI. Total comprehensive income
11,585,047.03 40,667,615.02
VII. Earnings per share:
(I) Basic earnings per share Not applicable Not applicable
(II) Diluted earnings per share Not applicable Not applicable
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
13
5、Consolidated Income Statement YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
Same Period Last
Items Current Period
Year(Restated)
I. Total operating income
477,719,622.68 536,655,057.72
Including: Operating income
477,719,622.68 536,655,057.72
Less: Total operating costs
431,567,754.73 379,917,018.51
Including: Operating costs
215,201,642.65 187,802,025.39
Business taxes and levies
29,942,187.10 20,253,497.34
Selling expenses
1,559,819.54 138,121.62
General and administrative expenses
64,087,532.68 63,673,531.67
Financial expenses
120,776,572.76 108,049,842.49
Impairment losses of assets
Add: Investment income
55,977,136.77 61,299,819.50
Including: Income from investments inassociates and joint
ventures 44,307,836.56 40,246,805.92
II. Operating profit
102,129,004.72 218,037,858.71
Add: Non-operating income
5,702,686.13 6,721,594.80
Less: Non-operating expenses
306,507.99 -67,881.15
Including: Losses from disposal of non-current assets
196,421.14 6,736.19
III. Gross profit
107,525,182.86 224,827,334.66
Less: Income tax expenses
22,043,581.78 38,828,957.89
IV. Net profit
85,481,601.08 185,998,376.77
Net profit attributable to owners of the Company
70,795,802.44 166,501,525.32
Profit or loss attributable to minority shareholders
14,685,798.64 19,496,851.45
V. Post-tax net value of other comprehensive income
-1,085,665.35
Post-tax net value of other comprehensive income
attributable to owners of the Company -839,870.71
Including: Translation differences arising on translation of
financial statements denominated in foreign currencies -839,870.71
14
Post-tax net value of other comprehensive income
attributable to minority shareholders -245,794.64
VI. Total comprehensive income:
84,395,935.73 185,998,376.77
Total comprehensive income attributable to owners of the
Company 69,955,931.73 166,501,525.32
Total comprehensive income attributable to minority
shareholders 14,440,004.00 19,496,851.45
VII. Earnings per share:
(I) Basic earnings per share
0.31 0.72
(II) Diluted earnings per share Not applicable Not applicable
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
15
6、Income Statement of the Company YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
Items Current Period Same Period Last Year
I. Operating income
123,765,873.99 265,395,915.42
Less: Operating costs
82,607,183.57 97,341,150.11
Business taxes and levies
4,396,666.87 5,288,214.25
General and administrative expenses
29,423,652.90 30,187,103.85
Financial expenses
49,817,001.81 60,787,455.03
Impairment loss of assets
Add: Investment income
55,921,465.53 61,187,983.10
Including: Income from investments in
associates and joint ventures 44,307,836.56 40,246,805.92
II. Operating profit
13,442,834.37 132,979,975.28
Add: Non-operating income
853,067.61 1,895,816.59
Less: Non-operating expenses
19,738.70 4,566.24
Including: Losses from disposal of non-current
assets 60.48 566.24
III. Gross profit
14,276,163.28 134,871,225.63
Less: Income tax expenses
-5,468,310.96 23,803,142.42
IV. Net profit
19,744,474.24 111,068,083.21
V. Other comprehensive income
VI. Total comprehensive income
19,744,474.24 111,068,083.21
VII. Earnings per share:
(I) Basic earnings per share Not applicable Not applicable
(II) Diluted earnings per share Not applicable Not applicable
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
16
7、Consolidated Cash Flow Statement YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
Same Period Last
Items Current Period
Year(Restated)
I. Cash Flows from Operating Activities:
Cash receipts from sales of goods and rendering of
services 505,787,852.23 544,273,525.06
Tax Refunds
352,345.09 1,277,883.87
Other cash receipts relating to operating activities
29,761,167.63 34,474,282.56
Sub-total of cash inflows from operating activities
535,901,364.95 580,025,691.49
Cash payments for goods purchased and services received
98,437,114.06 94,610,977.37
Cash payments to and on behalf of employees
68,840,132.00 64,942,315.64
Payments of various taxes
112,876,298.41 100,095,960.85
Other cash payments relating to operating activities
23,793,386.97 24,497,119.57
Sub-total of cash outflows from operating activities
303,946,931.44 284,146,373.43
Net Cash Flows from Operating Activities
231,954,433.51 295,879,318.06
II. Cash Flows from Investing Activities:
Cash receipts from investment income
14,329,928.96 48,000,000.00
Net cash receipts from disposal of fixed assets, intangible
assets and other long-term assets 51,898.00 3,296.50
Other cash receipts relating to investing activities
1,101,075,486.51 2,350,790,958.59
Sub-total of cash inflows from investing activities
1,115,457,313.47 2,398,794,255.09
Cash payments to acquire or construct fixed assets,
intangible assets and other long-term assets 368,213,505.53 576,366,955.88
Cash payments to acquire investments
Other cash payments relating to investing activities
1,076,000,000.00 2,266,359,400.00
Sub-total of cash outflows from investing activities
1,444,213,505.53 2,842,726,355.88
Net Cash Flows from Investing Activities
-328,756,192.06 -443,932,100.79
III. Cash Flows from Financing Activities:
Cash receipts from capital contributions
Cash receipts from borrowings
401,884,214.59 516,561,080.77
Other cash receipts relating to financing activities
Sub-total of cash inflows from financing activities
401,884,214.59 516,561,080.77
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Cash repayments of borrowings
302,752,000.00 321,350,000.00
Cash payments for distribution of dividends or profits or
settlement of interest expenses 92,734,498.01 53,592,204.87
Other cash payments relating to financing activities
1,201,200.00 3,481,200.00
Sub-total of cash outflows from financing activities
396,687,698.01 378,423,404.87
Net Cash Flows from Financing Activities
5,196,516.58 138,137,675.90
IV. Effect of Foreign Exchange Rate Changes on Cash
and Cash Equivalents -517,440.35 -500,798.71
V. Net Increase(Decrease)in Cash and Cash Equivalents
-92,122,682.32 -10,415,905.54
Add: Opening balance of Cash and Cash Equivalents
375,328,861.18 299,910,369.63
VI. Closing Balance of Cash and Cash Equivalents
283,206,178.86 289,494,464.09
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
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8、Cash Flow Statement of the Company YTD
From Jan 01 2015 to Sep 30 2015 Currency：RMB
Items Current Period Same Period Last Year
I. Cash Flows from Operating Activities:
Cash receipts from sales of goods and rendering of services
136,713,211.06 257,127,837.10
Tax Refunds
330,695.52 1,277,883.87
Other cash receipts relating to operating activities
3,434,343.65 2,680,125.81
Sub-total of cash inflows from operating activities
140,478,250.23 261,085,846.78
Cash payments for goods purchased and services received
43,060,967.07 50,632,428.29
Cash payments to and on behalf of employees
39,842,018.91 45,439,186.74
Payments of various taxes
37,448,865.56 46,599,101.38
Other cash payments relating to operating activities
14,022,943.41 14,278,636.74
Sub-total of cash outflows from operating activities
134,374,794.95 156,949,353.15
Net Cash Flows from Operating Activities
6,103,455.28 104,136,493.63
II. Cash Flows from Investing Activities:
Cash receipts from investment income
14,329,928.96 48,000,000.00
Net cash receipts from disposal of fixed assets, intangible
assets and other long-term assets
Other cash receipts relating to investing activities
1,151,855,957.74 2,720,938,540.19
Sub-total of cash inflows from investing activities
1,166,185,886.70 2,768,938,540.19
Cash payments to acquire or construct fixed assets,
intangible assets and other long-term assets 8,981,375.39 10,509,478.36
Cash Paid for Investment
26,099,820.00
Other cash payments relating to investing activities
1,109,980,158.29 2,726,994,974.84
Sub-total of cash outflows from investing activities
1,145,061,353.68 2,737,504,453.20
Net Cash Flows from Investing Activities
21,124,533.02 31,434,086.99
III. Cash Flows from Financing Activities:
Cash receipts from borrowings
307,026,617.93 18,775,995.42
Other cash receipts relating to financing activities
306,114,622.73
Sub-total of cash inflows from financing activities
307,026,617.93 324,890,618.15
Cash repayments of borrowings
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307,249,027.28 310,350,000.00
Cash payments for distribution of dividends or profits or
settlement of interest expenses 81,229,331.23 41,473,029.93
Other cash payments relating to financing activities
1,201,200.00 8,876,174.65
Sub-total of cash outflows from financing activities
389,679,558.51 360,699,204.58
Net Cash Flows from Financing Activities
-82,652,940.58 -35,808,586.43
IV. Effect of Foreign Exchange Rate Changes on Cash and
Cash Equivalents -716,044.49
V．Net Increase(Decrease) in Cash and Cash Equivalents
-56,140,996.77 99,761,994.19
Add: Opening balance of Cash and Cash Equivalents
110,176,958.92 59,429,719.52
VI. Closing Balance of Cash and Cash Equivalents
54,035,962.15 159,191,713.71
Legal Representative: Tian Junyan Chief Financial Officer：Yu Zhongxia Financial Manager：Sun Yuhui
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II. Audit Report
Audit Opinion
The third quarterly report is unaudited.
Board of Directors
Shenzhen Chiwan Petroleum Supply Base Co., Ltd.
October 31, 2015
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