Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Nanjing Putian Telecommunications Co., Ltd.
2014 Third Quarterly Report
October 2014
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Section I. Important Note
Board of Directors, Supervisory Committee, all directors, supervisors and senior executives of Nanjing Putian
Telecommunications Co., Ltd. (hereinafter referred to as the Company) 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 the directors are present the meeting of the Board for deliberating the Third Quarter Report of the Company in
person.
Wang Hong, person in charge of the Company, head of the accounting works Shi Lian and Qiu Huizhen,
accounting body principals (accountant in charge) hereby confirms that the Financial Report of the Third
Quarterly Report is authentic, accurate and complete.
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Section II. Main accounting data and changes of shareholders
I. Main accounting data and index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□Yes √ No
Current period-end Period-end of last year Increase/decrease
Total assets(RMB) 2,008,437,084.63 2,107,194,638.89 -4.69%
Net assets attributable to
shareholders of listed company 369,712,118.07 383,210,520.22 -3.52%
(RMB)
Increase/decrease in
Increase/decrease in
From year-begin to comparison with
Current period comparison with same
end of the Period year-begin to
period of last year
Period-end of last year
Operating revenue (RMB) 567,600,845.65 5.64% 1,740,624,495.90 -0.24%
Net profit attributable to
shareholders of the listed company -3,925,807.49 27.15% -13,344,481.54 -64.58%
(RMB)
Net profit attributable to
shareholders of the listed company
-4,699,053.28 22.14% -17,862,504.32 -88.00%
after deducting non-recurring
gains and losses(RMB)
Net cash flow arising from
-- -- -108,410,403.24 -51.85%
operating activities(RMB)
Basic earnings per share
-0.018 28.00% -0.062 -63.16%
(RMB/Share)
Diluted earnings per share
-0.018 28.00% -0.062 -63.16%
(RMB/Share)
Weighted average ROE -1.06% 0.39% -3.54% -1.37%
Items and amount of extraordinary profit (gains)/losses
√Applicable □Not applicable
In RMB
Amount from year-begin to
Item Note
end of the Period
Gains/losses from the disposal of non-current asset (including the 38,068.33
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
write-off that accrued for impairment of assets)
Tax returns and concessions with examine and approved ultra
370.00
vires or without official approval documents
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
317,251.97
national standards, which are closely relevant to enterprise’s
business)
Because in obtaining subsidiary
Nanjing Putian Datang
Income from the exceeding part between investment cost of the
Information Electronic Co., Ltd,
Company paid for obtaining subsidiaries, associates and
3,276,764.14 the investment cost lower than
joint-ventures and recognizable net assets fair value attributable
the fair value of recognizable net
to the Company when acquiring the investment
assets attributable to the
Company when acquiring.
Gain/loss from debt restructure 10,000.00
Other non-operating income and expenditure except for the
2,032,648.00
aforementioned items
Less: impact on income tax 379,604.55
Impact on minority shareholders’ equity (post-tax) 777,475.11
Total 4,518,022.78 --
Concerning the extraordinary profit (gain)/loss defined by Q&A Announcement No.1 on Information Disclosure for Companies
Offering Their Securities to the Public --- Extraordinary Profit/loss, and the items defined as recurring profit (gain)/loss according to
the lists of extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their
Securities to the Public --- Extraordinary Profit/loss, explain reasons
□ Applicable √ Not applicable
In reporting period, the Company has no particular about items defined as recurring profit (gain)/loss according to the lists of
extraordinary profit (gain)/loss in Q&A Announcement No.1 on Information Disclosure for Companies Offering Their Securities to
the Public --- Extraordinary Profit/loss.
II. Statement of the total shareholders and shares-held of top ten shareholders at end of the
Period
1. Statement of the total common shareholders and shares-held of top ten common
shareholders at end of the Period
In Share
Total common shareholders in
12,118
reporting period
Shares-held of top ten common shareholders
Shareholders Nature of Proportion of Amount of shares Amount of Number of share pledged/frozen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
shareholder shares held held non-tradable
State of share Amount
shares held
China Potevio State-owned
53.49% 115,000,000 115,000,000
Company Limited corporate
Shanghai H.K. Overseas
2.70% 5,798,541 0
Wanguo Security corporate
GUOTAI JUNAN
SECURITIES(HO Overseas
2.48% 5,336,653 0
NGKONG) corporate
LIMITED
Domestic nature
Zhang Hui’an 1.12% 2,400,000 0
person
Overseas natural
Sun Huiming 0.93% 1,998,510 0
person
LI LEON ZHAN Overseas natural
0.68% 1,465,889 0
WEI person
Overseas natural
Chen Qiang 0.58% 1,249,600 0
person
Domestic nature
Gao Lingyun 0.47% 1,000,000 0
person
Domestic nature
Wang Feifei 0.27% 584,408 0
person
China Merchants
State-owned
Securities (HK) 0.24% 525,034 0
corporate
Co., Limited
Particular about top ten shareholders with tradable shares held
Type of shares
Shareholders Amount of tradable shares held
Type Amount
Domestically
Shanghai H.K. Wanguo Security 5,798,541 listed foreign 5,798,541
shares
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 5,336,653 listed foreign 5,336,653
LIMITED shares
Domestically
Zhang Hui’an 2,400,000 listed foreign 2,400,000
shares
Domestically
Sun Huiming 1,998,510 1,998,510
listed foreign
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
shares
Domestically
LI LEON ZHAN WEI 1,465,889 listed foreign 1,465,889
shares
Domestically
Chen Qiang 1,249,600 listed foreign 1,249,600
shares
Domestically
Gao Lingyun 1,000,000 listed foreign 1,000,000
shares
Domestically
Wang Feifei 584,408 listed foreign 584,408
shares
Domestically
China Merchants Securities (HK)
525,034 listed foreign 525,034
Co., Limited
shares
Domestically
Hu Jun 510,650 listed foreign 510,650
shares
Explanation on associated Among the top ten shareholders, China Potevio Company Limited is neither a related party
relationship among the top ten nor a person acting in concert with the others. It’s unknown by the Company whether there
shareholders or consistent action are related parties or persons acting in concert among the other shareholders.
Explanation on shareholders
involving margin business about top
N/A
ten common shareholders with
un-restrict shares held (if applicable)
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement
dealing in reporting period
□ Yes √ No
The shareholders of the Company have no buy-back agreement dealing in reporting period.
2. Total of shareholders with preferred stock held and the top ten shareholdings in Period-end
□Applicable √Not applicable
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Section III. Important events
I. Particular about major changes from items of main accounting statements and financial
indexes as well as reasons
√ Applicable □Not applicable
1. impact on consolidate financial statement of the Company from new or revised accounting standards that released by Ministry of
Fianance in the Year
Changes of the accounting standards shows no impact on the consolidate financial statement of the Company
2. Particular about major changes from items of main accounting statements and financial indexes as well as reasons
Changed amount (R Main reasons for major
Items 2014-9-30 2013-12-31 +,- (%)
MB) changes
Payment for goods
increased in paid during
Monetary fund 279,318,841.49 430,024,326.63 -150,705,485.14 -53.95%
period, and collection of
sales decreased
Payment for goods paid in
Account paid in
20,265,333.95 33,144,854.82 -12,879,520.87 -63.55% advance decreased in
advance
Period.
Residual payment for the
Other
43,278,949.57 58,091,611.43 -14,812,661.86 -34.23% equity transfer of Yulong
receivables
received in the Period
Datang Electrics included
in statement in the Year,
Investment real
10,837,679.15 4,401,316.11 6,436,363.04 59.39% resulted by the changes of
estate
consolidate statement
range
Financing notes increased
Notes payable 115,975,418.05 70,809,648.50 45,165,769.55 38.94%
in Period.
Payment of the goods
Account received in advance last
received in 49,862,102.92 77,659,452.52 -27,797,349.60 -55.75% year were recognized as
advance sales income while goods
delivered in the Period
The Company loss RMB
13.34 million in the first
Retained profit -27,833,622.04 -14,489,140.50 -13,344,481.54 -47.94%
3Q, and balance of the
retained profit decreased
From Jan. to From Jan. to Changed amount (R +,- (%) Main reasons for major
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Sept. of 2014 Sept. of 2013 MB) changes
Joint venture-Puzhu
Investment
-74,252.88 -2,832,105.21 2,757,852.33 3714.14% Company has less loss in
income
the Period
While in combined the
Datang Electronic Co., the
investment cost lower than
the fair value of
Non-operation
6,201,776.72 2,736,540.46 3,465,236.26 55.87% recognizable net assets
revenue
attributable to the
Company when acquiring,
that is RMB 3.27 million
generated
Operating profit -3,476,900.80 2,969,413.14 -6,446,313.94 -185.40% Investment of optical
Total profit 2,197,860.73 4,869,096.61 -2,671,235.88 -121.54% communication networks
Net profit -5,231,084.10 -2,649,623.21 -2,581,460.89 -49.35% slow down from the
operators, market is subject
to fierce competition, and
overall gross margin
Net profit declined, and meanwhile,
attributable to the period expense
-13,344,481.54 -8,108,322.78 -5,236,158.76 -39.24%
owners’ of increased due to the
parent company soaring market
development costs, human
resources cost and interest
costs etc.
Net cash flow More payment for goods
arising from paid in the Period,
-108,410,403.24 -71,394,779.45 -37,015,623.79 -34.14%
operation operating cash out-flow
activities increased
Residual payment for the
Net cash flow equity transfer of Yulong
arising from received in the Period,
6,520,836.73 -16,596,696.34 23,117,533.07 354.52%
investment cash in-flow from
activities investment activity
increased y-o-y
II. Progress and influence of the main events as well as solution analysis specification
□ Applicable √ Not applicable
III. Commitments made by the Company or shareholders holding above 5% shares of the
Company in reporting period or made in previous period and extending to reporting period.
□ Applicable √ Not applicable
The Company had no commitment made by the Company or shareholders holding above 5% shares of the Company in reporting
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
period or made in previous period and extending to reporting period.
IV. Estimation of operation performance for year of 2014
Estimation on 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 on reason
□ Applicable √ Not applicable
V. Particular about security investment
□ Applicable √ Not applicable
The Company had no security investment in Period.
Explanation on equity of other listed company hold
□Applicable √Not applicable
The Company had no equity of other listed company in Period.
VI. Particulars about derivatives investment
□ Applicable √ Not applicable
The Company had no derivatives investment in Period.
VII. Registration form of receiving research, communication and interview in the report
period
√ Applicable □Not applicable
Contents discussed and
Time Place Way Type Reception
material provided
Products of the Company
2014-09-09 The Company Field research Personal Mr. Hu and market prospect, no
materials provided
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
Section IV. Financial Statement
I. Financial statement
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
1. Consolidated Balance Sheet
Prepared by Nanjing Putian Telecommunications Co., Ltd. 2014-9-30 In RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 279,318,841.49 430,024,326.63
Settlement provisions
Capital lent
Financial assets measured by fair value and whose
change is recorded in current gains and losses
Notes receivable 19,081,134.81 21,919,480.05
Accounts receivable 849,451,946.95 789,984,001.55
Accounts paid in advance 20,265,333.95 33,144,854.82
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Interest receivable
Dividend receivable 1,000,000.00 1,000,000.00
Other receivables 43,278,949.57 58,091,611.43
Purchase restituted finance asset
Inventories 442,468,574.95 431,011,396.33
Divided into assets held ready for sales
Non-current asset due within one year
Other current assets
Total current assets 1,654,864,781.72 1,765,175,670.81
Non-current assets:
Granted loans and advances
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 184,962,544.16 190,546,965.84
Investment property 10,837,679.15 4,401,316.11
Fixed assets 110,285,394.77 106,610,502.71
Construction in progress 19,359,444.87 16,157,767.87
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 28,127,239.96 24,302,415.55
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned
Deferred income tax asset
Other non-current asset
Total non-current asset 353,572,302.91 342,018,968.08
Total assets 2,008,437,084.63 2,107,194,638.89
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
1. Consolidated Balance Sheet (Cont’)
Prepared by Nanjing Putian Telecommunications Co., Ltd. 2014-9-30 In RMB
Items Balance at period-end Balance at period-begin
Current liabilities:
Short-term loans 425,000,000.00 462,000,000.00
Loan from central bank
Absorbing deposit and interbank deposit
Capital borrowed
Financial liability measured by fair value and with
variation reckoned into current gains/losses
Notes payable 115,975,418.05 70,809,648.50
Accounts payable 875,466,189.01 955,777,528.37
Accounts received in advance 49,862,102.92 77,659,452.52
Selling financial asset of repurchase
Commission charge and commission payable
Wage payable 16,501,322.41 16,664,127.11
Taxes payable 9,691.81 1,544,609.90
Interest payable
Dividend payable 1,946,045.39 1,946,045.39
Other accounts payable 53,502,287.33 52,249,025.93
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held ready for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 1,538,263,056.92 1,638,650,437.72
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable 80,118.00 80,118.00
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 80,118.00 80,118.00
Total liabilities 1,538,343,174.92 1,638,730,555.72
Owner’s equity (or shareholders’ equity):
Paid-in capital (or share capital) 215,000,000.00 215,000,000.00
Capital public reserve 185,374,533.85 185,374,533.85
Less: Inventory shares
Reasonable reserve
Other consolidated income
Surplus public reserve 589,559.77 589,559.77
Provision of general risk
Retained profit -27,833,622.04 -14,489,140.50
Balance difference of foreign currency translation -3,418,353.51 -3,264,432.90
Total owner’s equity attributable to parent company 369,712,118.07 383,210,520.22
Minority interests 100,381,791.64 85,253,562.95
Total owner’s equity(or shareholders’ equity) 470,093,909.71 468,464,083.17
Total liabilities and owner’s equity(or shareholders’
2,008,437,084.63 2,107,194,638.89
equity)
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
2. Balance Sheet of parent company
Prepared by Nanjing Putian Telecommunications Co., Ltd. 2014-9-30 In RMB
Item Balance at period-end Balance at period-begin
Current assets:
Monetary funds 173,690,946.50 243,256,318.34
Financial assets measured by fair value and
whose change is recorded in current gains and losses
Notes receivable 1,343,438.01 4,080,113.29
Accounts receivable 493,694,623.64 484,405,832.01
Accounts paid in advance 14,370,363.51 19,253,965.98
Interest receivable
Dividend receivable 1,000,000.00 1,000,000.00
Other receivables 31,692,995.81 72,664,367.17
Inventories 203,796,641.61 215,007,723.17
Divided into assets held ready for sales
Non-current asset due within one year
Other current assets
Total current assets 919,589,009.08 1,039,668,319.96
Non-current assets:
Finance asset available for sales
Held-to-maturity investment
Long-term account receivable
Long-term equity investment 355,929,862.25 356,301,955.13
Investment real estate
Fixed assets 26,479,804.02 28,670,106.90
Construction in progress 18,801,006.87 16,157,767.87
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 8,909,697.12 9,548,633.35
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned
Deferred income tax asset
Other non-current asset
Total non-current asset 410,120,370.26 410,678,463.25
Total assets 1,329,709,379.34 1,450,346,783.21
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
2. Balance Sheet of parent company (Cont’)
Prepared by Nanjing Putian Telecommunications Co., Ltd. 2014-9-30 In RMB
Item Balance at period-end Balance at period-begin
Current liabilities:
Short-term loans 326,000,000.00 356,000,000.00
Financial liability measured by fair value and
with variation reckoned into current gains/losses
Notes payable 95,529,854.40 65,529,854.40
Accounts payable 479,597,059.23 570,182,414.45
Accounts received in advance 12,505,220.48 20,352,488.47
Wage payable 6,034,089.89 6,287,114.97
Taxes payable 800,714.60 -3,416,878.08
Interest payable
Dividend payable
Other accounts payable 162,306,697.81 156,451,289.08
Divided into liability held ready for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 1,082,773,636.41 1,171,386,283.29
Non-current liabilities:
Long-term loans
Bonds payable
Long-term account payable 80,118.00 80,118.00
Special accounts payable
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 80,118.00 80,118.00
Total liabilities 1,082,853,754.41 1,171,466,401.29
Owner’s equity (or shareholders’ equity):
Paid-up capital (or share capital) 215,000,000.00 215,000,000.00
Capital public reserve 172,417,299.81 172,417,299.81
Less: Inventory shares
Reasonable reserve
Other consolidated income
Surplus public reserve 589,559.76 589,559.76
General risk reserve
Retained profit -141,151,234.64 -109,126,477.65
Balance difference of foreign currency
translation
Total owner’s equity(or shareholders’ equity) 246,855,624.93 278,880,381.92
Total liabilities and owner’s equity(or
shareholders’ equity) 1,329,709,379.34 1,450,346,783.21
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
3. Consolidated Profit Statement (this report period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. July-September 2014 In RMB
Item Amount in this period Amount in last period
I. Total operating income 567,600,845.65 537,302,936.14
Including: Operating income 567,600,845.65 537,302,936.14
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 566,626,190.21 534,173,614.11
Including: Operating cost 483,329,696.81 445,182,758.13
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 1,939,813.46 2,663,958.06
Sales expenses 40,934,623.47 38,391,721.17
Administration expenses 33,461,820.21 37,871,339.28
Financial expenses 7,229,678.96 10,346,626.05
Losses of devaluation of asset -269,442.70 -282,788.58
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) -301,295.84 -948,901.72
Including: Investment income on affiliated company and
-301,295.84 -1,053,922.90
joint venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) 673,359.60 2,180,420.31
Add: Non-operating income 1,453,313.87 808,872.90
Less: Non-operating expense 113,941.46 236,741.14
Including: Disposal loss of non-current asset -105,658.79
IV. Total Profit (Loss is listed with “-”) 2,012,732.01 2,752,552.07
Less: Income tax expense 2,180,132.04 3,921,452.26
V. Net profit (Net loss is listed with “-”) -167,400.03 -1,168,900.19
Including: net profit realized before consolidation by mergered
party
Net profit attributable to owner’s of parent company -3,925,807.49 -5,389,105.44
Minority shareholders’ gains and losses 3,758,407.46 4,220,205.25
VI. Earnings per share -- --
i. Basic earnings per share -0.018 -0.025
ii. Diluted earnings per share -0.018 -0.025
VII. Other consolidated income
Inc: Other comprehensive items un-able to re-classify as gains/losses
in later accounting period
Other comprehensive items able to re-classify as gains/losses
in later accounting period while regulated conditions are satisfy
VIII. Total comprehensive income -167,400.03 -1,168,900.19
Total consolidated income attributable to owners of parent
-3,925,807.49 -5,389,105.44
company
Total consolidated income attributable to minority shareholders 3,758,407.46 4,220,205.25
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
4. Profit Statement of parent company (this report period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. July-September 2014 In RMB
Item Amount in this period Amount in last period
I. Operating income 273,149,156.40 295,831,072.27
Less: operating cost 244,140,315.27 259,121,196.77
Operating tax and extras 984,024.76 1,250,995.14
Sales expenses 19,700,957.45 20,964,109.97
Administration expenses 15,272,754.49 16,929,425.24
Financial expenses 6,019,452.97 9,799,257.25
Losses of devaluation of asset 510,331.50 286,760.23
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 4,345,334.79 7,812,538.00
Including: Investment income on affiliated company and
-231,365.21 -1,053,922.90
joint venture
II. Operating profit (Loss is listed with “-”) -9,133,345.25 -4,708,134.33
Add: Non-operating income 13,649.02 31,734.00
Less: Non-operating expense 93,020.39 236,120.86
Including: Disposal loss of non-current asset
III. Total Profit (Loss is listed with “-”) -9,212,716.62 -4,912,521.19
Less: Income tax expense
IV. Net profit (Net loss is listed with “-”) -9,212,716.62 -4,912,521.19
V. Earnings per share -- --
i. Basic earnings per share -0.043 -0.023
ii. Diluted earnings per share -0.043 -0.023
VI. Other comprehensive income
Inc: Other comprehensive items un-able to re-classify as gains/losses
in later accounting period
Other comprehensive items able to re-classify as gains/losses
in later accounting period while regulated conditions are satisfy
VII. Total comprehensive income -9,212,716.62 -4,912,521.19
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
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Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
5. Consolidated profit statement (from year-begin to end of this period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. January-September 2014 In RMB
Item Amount in this period Amount in last period
I. Total operating income 1,740,624,495.90 1,744,860,474.96
Including: Operating income 1,740,624,495.90 1,744,860,474.96
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 1,744,027,143.82 1,739,058,956.61
Including: Operating cost 1,491,572,232.60 1,488,190,929.68
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 5,049,085.73 7,358,533.73
Sales expenses 125,569,091.46 120,665,270.08
Administration expenses 97,756,348.20 100,700,671.15
Financial expenses 23,151,916.51 21,834,657.69
Losses of devaluation of asset 928,469.32 308,894.28
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) -74,252.88 -2,832,105.21
Including: Investment income on affiliated company and
-74,252.88 -2,916,254.37
joint venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) -3,476,900.80 2,969,413.14
Add: Non-operating income 6,201,776.72 2,736,540.46
Less: Non-operating expense 527,015.19 836,856.99
Including: Disposal loss of non-current asset
IV. Total Profit (Loss is listed with “-”) 2,197,860.73 4,869,096.61
Less: Income tax expense 7,428,944.83 7,518,719.82
V. Net profit (Net loss is listed with “-”) -5,231,084.10 -2,649,623.21
Including: net profit realized before consolidation by mergered
party
Net profit attributable to owner’s of parent company -13,344,481.54 -8,108,322.78
Minority shareholders’ gains and losses 8,113,397.44 5,458,699.57
VI. Earnings per share -- --
i. Basic earnings per share -0.062 -0.038
ii. Diluted earnings per share -0.062 -0.038
VII. Other consolidated income -153,920.61 293,104.46
Inc: Other comprehensive items un-able to re-classify as gains/losses in
-153,920.61 293,104.46
later accounting period
Other comprehensive items able to re-classify as gains/losses in
later accounting period while regulated conditions are satisfy
VIII. Total comprehensive income -5,385,004.71 -2,356,518.75
Total consolidated income attributable to owners of parent
-13,498,402.15 -7,815,218.32
company
Total consolidated income attributable to minority shareholders 8,113,397.44 5,458,699.57
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
17
Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
6. Profit Statement of parent company (from year-begin to end of this period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. January-September 2014 In RMB
Items Amount in this period Amount in last period
I. Operating income 887,826,645.64 1,021,446,134.52
Less: operating cost 796,778,937.05 914,400,840.86
Operating tax and extras 2,141,852.73 3,909,458.68
Sales expenses 61,313,470.19 64,541,375.96
Administration expenses 43,537,220.12 42,385,782.55
Financial expenses 19,836,071.36 19,473,612.56
Losses of devaluation of asset 521,364.00 321,524.28
Add: Changing income of fair value(Loss is
listed with “-”)
Investment income (Loss is listed with “-”) 4,502,447.12 5,950,206.53
Including: Investment income on affiliated
-74,252.88 -2,916,254.37
company and joint venture
II. Operating profit (Loss is listed with “-”) -31,799,822.69 -17,636,253.84
Add: Non-operating income 28,925.02 109,974.00
Less: Non-operating expense 253,859.32 495,798.03
Including: Disposal loss of non-current
asset
III. Total Profit (Loss is listed with “-”) -32,024,756.99 -18,022,077.87
Less: Income tax expense
IV. Net profit (Net loss is listed with “-”) -32,024,756.99 -18,022,077.87
V. Earnings per share -- --
i. Basic earnings per share -0.149 -0.084
ii. Diluted earnings per share -0.149 -0.084
VI. Other consolidated income
Inc: Other comprehensive items un-able to re-classify
as gains/losses in later accounting period
Other comprehensive items able to re-classify
as gains/losses in later accounting period while
regulated conditions are satisfy
VII. Total comprehensive income -32,024,756.99 -18,022,077.87
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
18
Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
7. Consolidated Cash Flow Statement (from year-begin to end of this period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. January-September 2014 In RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor
1,909,909,048.73 1,788,691,986.96
services
Net increase of customer deposit and interbank deposit
Net increase of loan from central bank
Net increase of capital borrowed from other financial institution
Cash received from original insurance contract fee
Net cash received from reinsurance business
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 2,950,014.68 2,369,887.45
Other cash received concerning operating activities 64,332,169.79 22,254,797.30
Subtotal of cash inflow arising from operating activities 1,977,191,233.20 1,813,316,671.71
Cash paid for purchasing commodities and receiving labor service 1,683,218,057.00 1,516,044,312.81
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 153,493,404.14 140,309,443.71
Taxes paid 66,252,677.91 84,814,655.24
Other cash paid concerning operating activities 182,637,497.39 143,543,039.40
Subtotal of cash outflow arising from operating activities 2,085,601,636.44 1,884,711,451.16
Net cash flows arising from operating activities -108,410,403.24 -71,394,779.45
II. Cash flows arising from investing activities:
Cash received from recovering investment 10,657,600.00
Cash received from investment income 297,840.00 297,840.00
Net cash received from disposal of fixed, intangible and other
27,755.10 324,840.00
long-term assets
Net cash received from disposal of subsidiaries and other units
Other cash received concerning investing activities 3,593,903.04
Subtotal of cash inflow from investing activities 14,577,098.14 622,680.00
Cash paid for purchasing fixed, intangible and other long-term assets 8,056,261.41 12,219,376.34
Cash paid for investment 5,000,000.00
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 activities 8,056,261.41 17,219,376.34
Net cash flows arising from investing activities 6,520,836.73 -16,596,696.34
III. Cash flows arising from financing activities
Cash received from absorbing investment
Including: Cash received from absorbing minority shareholders’
investment by subsidiaries
Cash received from loans 346,000,000.00 371,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 346,000,000.00 371,000,000.00
Cash paid for settling debts 386,100,000.00 418,100,000.00
Cash paid for dividend and profit distributing or interest paying 30,296,065.37 34,035,647.09
Including: Dividend and profit of minority shareholder paid by
5,423,300.00 9,360,842.90
subsidiaries
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 416,396,065.37 452,135,647.09
Net cash flows arising from financing activities -70,396,065.37 -81,135,647.09
IV. Influence on cash and cash equivalents due to fluctuation in exchange -7,420.37 -12,543.14
19
Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
rate
V. Net increase of cash and cash equivalents -172,293,052.25 -169,139,666.02
Add: Balance of cash and cash equivalents at the period -begin 402,037,725.25 429,693,529.41
VI. Balance of cash and cash equivalents at the period -end 229,744,673.00 260,553,863.39
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
20
Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
8. Cash Flow Statement of parent company (from year-begin to end of this period)
Prepared by Nanjing Putian Telecommunications Co., Ltd. January-September 2014 In RMB
Item Amount in this period Amount in last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing
976,961,424.16 1,007,992,901.16
labor services
Write-back of tax received 110,575.42
Other cash received concerning operating activities 93,877,045.01 24,237,855.94
Subtotal of cash inflow arising from operating activities 1,070,949,044.59 1,032,230,757.10
Cash paid for purchasing commodities and receiving
892,139,363.39 878,572,916.69
labor service
Cash paid to/for staff and workers 74,401,481.67 70,238,412.61
Taxes paid 17,714,370.73 36,921,601.03
Other cash paid concerning operating activities 128,045,490.29 99,436,911.13
Subtotal of cash outflow arising from operating activities 1,112,300,706.08 1,085,169,841.46
Net cash flows arising from operating activities -41,351,661.49 -52,939,084.36
II. Cash flows arising from investing activities:
Cash received from recovering investment 10,657,600.00
Cash received from investment income 4,874,540.00 9,164,300.90
Net cash received from disposal of fixed, intangible
3,990.00
and other long-term assets
Net cash received from disposal of subsidiaries and
other units
Other cash received concerning investing activities
Subtotal of cash inflow from investing activities 15,532,140.00 9,168,290.90
Cash paid for purchasing fixed, intangible and other
6,694,207.81 10,042,677.80
long-term assets
Cash paid for investment 5,000,000.00
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities 6,694,207.81 15,042,677.80
Net cash flows arising from investing activities 8,837,932.19 -5,874,386.90
III. Cash flows arising from financing activities
Cash received from absorbing investment
Cash received from loans 276,000,000.00 306,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 276,000,000.00 306,000,000.00
Cash paid for settling debts 306,000,000.00 341,800,000.00
Cash paid for dividend and profit distributing or
20,425,562.14 21,402,379.41
interest paying
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 326,425,562.14 363,202,379.41
Net cash flows arising from financing activities -50,425,562.14 -57,202,379.41
IV. Influence on cash and cash equivalents due to
103,473.36 -20,078.32
fluctuation in exchange rate
V. Net increase of cash and cash equivalents -82,835,818.08 -116,035,928.99
Add: Balance of cash and cash equivalents at the
217,989,348.06 267,226,515.29
period -begin
VI. Balance of cash and cash equivalents at the period -end 135,153,529.98 151,190,586.30
Legal representative: Wang Hong
Person in charge of accounting works: Shi Lian
Person in charge of accounting institution: Qiu Huizhen
21
Nanjing Putian Telecommunications Co., Ltd. Third Quarterly Report 2014
II. Audit Report
Whether the third quarter report was audited or not
□Yes √No
rd
The 3 quarter report of the Company has not been audited.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
22 October 2014
22