Nanjing Putian Telecommunications Co., Ltd.
First Quarterly Report 2015
April 2015
1
Section I. Important Notice
Board of Directors and the Supervisory Committee of Nanjing Putian Telecommunications
Co., Ltd. (hereinafter referred to as the Company) and its directors, supervisors and senior
executives should guarantee the reality, accuracy and completion of the quarterly report,
there are no any fictitious statements, misleading statements or important omissions carried
in this report, and shall take legal responsibilities, individual and/or joint.
All Directors are attended the Board Meeting for Quarterly Report deliberation.
Wang Hong, Principal of the Company, Shi Lian, person in charger of accounting works and
Qiu Huizhen, person in charge of accounting organ (accounting principal) hereby confirm
that the Financial Report of this Quarterly Report is authentic, accurate and complete.
2
Section II. Main financial data and changes of shareholders
I. Main accounting data and financial indexes
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not
□ Yes √No
At the same period of last Changes of this period over
At the reporting period
year same period of last year
Operating income (RMB) 430,831,087.19 592,796,160.80 -27.32%
Net profit attributable to shareholders of
-13,964,448.61 -15,013,598.95 6.99%
the listed company(RMB)
Net profit attributable to shareholders of
the listed company after deducting -15,355,211.29 -15,224,247.16 -0.86%
non-recurring gains and losses(RMB)
Net cash flow arising from operating
-189,481,994.99 -89,935,264.98 -110.69%
activities(RMB)
Basic earnings per share (RMB/Share) -0.065 -0.070 7.14%
Diluted earnings per share (RMB/Share) -0.065 -0.070 7.14%
Weighted average ROE -3.91% -4.00% 0.09%
Changes of this period-end
At the end of the reporting
At the end of last year over same period-end of last
period
year
Total assets (RMB) 2,054,001,740.82 2,082,860,208.23 -1.39%
Net assets attributable to shareholder of
350,215,464.53 364,179,913.14 -3.83%
listed company (RMB)
Items of non-recurring gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Item Note
period-end
Gains/losses from the disposal of non-current asset (including the
-655.30
write-off that accrued for impairment of assets)
Governmental subsidy reckoned into current gains/losses (not
including the subsidy enjoyed in quota or ration according to
1,446,594.06
national standards, which are closely relevant to enterprise’s
business)
Other non-operating income and expenditure except for the
463,821.02
aforementioned items
3
Less: impact on income tax 189,434.44
Impact on minority shareholders’ equity (post-tax) 329,562.66
Total 1,390,762.68 --
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. Total number of shareholders at the end of this report period and top ten shareholders
1. Total number of common shareholders at the end of this report period and top ten common shareholders
In shares
Total number of common
shareholders
11,724
at the end of report period
Top ten common shareholders
Amount of Number of share pledged/frozen
Shareholder’s Nature of Proportion of Amount of shares
restricted shares
name shareholder shares held held State of share Amount
held
State-owned
China Potevio 53.49% 115,000,000 115,000,000
corporation
GUOTAI
JUNAN
Foreign
SECURITIES(H 2.40% 5,157,938
corporation
ONGKONG)
LIMITED
Shanghai H.K. Foreign
1.55% 3,331,092
Wanguo Security corporation
Domestic nature
Zhang Huai’an 1.31% 2,807,000
person
Domestic nature
Sun Huiming 0.93% 1,998,510
person
LI LEON ZHAN Foreign nature
0.74% 1,600,189
WEI person
Foreign nature
Chen Qiang 0.61% 1,301,300
person
4
YAO XIU Foreign nature
0.52% 1,123,800
GUANG person
Domestic nature
Zheng Enyue 0.47% 1,020,734
person
Domestic nature
Gao Lingyun 0.47% 1,000,000
person
The top ten circulation shareholders shareholdings
Type of shares
Shareholder’s name Amount of listed circulation shares held
Type Amount
GUOTAI JUNAN Domestically
SECURITIES(HONGKONG) 5,157,938 listed foreign 5,157,938
LIMITED shares
Domestically
Shanghai H.K. Wanguo Security 3,331,092 listed foreign 3,331,092
shares
Domestically
Zhang Huai’an 2,807,000 listed foreign 2,807,000
shares
Domestically
Sun Huiming 1,998,510 listed foreign 1,998,510
shares
Domestically
LI LEON ZHAN WEI 1,600,189 listed foreign 1,600,189
shares
Domestically
Chen Qiang 1,301,300 listed foreign 1,301,300
shares
Domestically
YAO XIU GUANG 1,123,800 listed foreign 1,123,800
shares
Domestically
Zheng Enyue 1,020,734 listed foreign 1,020,734
shares
Domestically
Gao Lingyun 1,000,000 listed foreign 1,000,000
shares
Domestically
Gu Jinhua 731,615 listed foreign 731,615
shares
5
Among the top ten shareholders, China Potevio Company Limited is neither a related party
Note of related relationship among nor a person acting in concert with the others. It’s unknown by the Company whether there are
the above shareholders and related parties or persons acting in concert among the other shareholders. The Company is
concerted actors unknown whether there exists associated relationship or belongs to consistent actor among the
top ten circulation shareholders.
Explanation on top ten common
shareholders involving margin N/A
business (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 top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy-back
agreement dealing in reporting period.
2. Total shareholders with preferred stock held at Period-end and shares held by top ten shareholders with
preferred stock held
□ Applicable √ Not applicable
6
Section III. Significant Events
I. Particulars about material changes in items of main accounting statement and financial
index and explanations of reasons
√ Applicable □ Not applicable
Amount of Changes
Item 2015-3-31 2014-12-31 Reasons of great changes
changes (RMB) ratio (%)
Major cash for raw material
Monetary fund 253,427,107.88 394,586,647.76 -141,159,539.88 -35.77%
purchasing are paid in the Period
Account paid in advance for raw
Advance payment 50,926,927.31 31,630,604.30 19,296,323.01 61.01% material purchasing increased in
the Period
The bank acceptance are paid on
Notes payable 65,322,838.66 116,816,997.65 -51,494,158.99 -44.08%
due in the Period
The input tax not deduction yet
due to the raw material
Tax payable 15,458,435.95 10,224,153.45 5,234,282.50 51.20%
purchasing at year-beginning are
have major amounts
The Company is in the red during
the Period, and balance of the
Retained profit -47,430,132.99 -33,465,684.38 -13,964,448.61 -41.73%
retained profit at period-end
declined
Amount of Changes
Jan-Mar 2015 Jan-Mar 2014 Reasons of great changes
changes (RMB) ratio (%)
Sales declined in the Period, and
Operation cost 353,599,273.82 524,331,732.16 -170,732,458.34 -32.56% operation costs decreased
correspondingly
Deficit in the Period mainly
because, suffer by the investment
structure adjustment from
Net profit
operators, part of the products of
attributable to
-13,964,448.61 -15,013,598.95 1,049,150.34 6.99% the Company have less
owners of
requirement in market; decline of
parent company
the operation revenue and profit
have no obvious improvement in
the Period
The money paid for procurement
Net cash flow increased at year-beginning, and
from operation -189,481,994.99 -89,935,264.98 -99,546,730.01 -110.69%
the returned money in 1Q is slow
activity
relatively
7
At same period of last year, the
tail payment for equity of
Net cash flow stock-jointly enterprise transfer
from investment -2,719,995.93 1,817,747.89 -4,537,743.82 -249.64%
received at same period of last
activity
year, while there is no such
revenue occurred in the Year
Net cash flow The bank loans increased in the
form financing 43,984,702.00 13,777,541.13 30,207,160.87 219.25% Period have higher amount over
activities the mature bank loans
II. Analysis and explanation of significant events and their influence and solutions
□Applicable √Not applicable
III. Commitments from the Company or shareholders (with over 5% shares held) in or
occurred in the previous period but continued to reporting period
□Applicable √Not applicable
The Company had no commitments from the Company or shareholders (with over 5% shares held) in or occurred in the previous
period but continued to reporting period
IV. Forecast of operation performance from Jan. – June of 2015
Warnings and reasons of the predict that the cumulative net profit from the begin of the year to the end of next report period may be
loss or have great changes comparing with the same period of last year
□Applicable √Not applicable
V. Securities Investment
□ Applicable √ Not applicable
No security investment in Period.
VI. Explanation on equity of other listed company held
□ Applicable √ Not applicable
No equity of other listed company held in Period-end.
VII. Derivative investment
□ Applicable √ Not applicable
No derivative investment in the Period.
VIII. Registration form for receiving research, communication and interview in the report period
□ Applicable √ Not applicable
No registration form for receiving research, communication or interview in the Period.
8
IV. Financial statement
I. Financial statement
9
1. Consolidated balance sheet
Prepared by Nanjing Putian Telecommunications Co., Ltd. March 31, 2015 Unit: RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 253,427,107.88 394,586,647.76
Settlement provisions
Capital lent
Financial liability measured by fair value and with
variation reckoned into current gains/losses
Derivative financial liability
Notes receivable 31,546,553.13 34,375,641.37
Accounts receivable 899,345,510.63 770,808,856.85
Accounts paid in advance 50,926,927.31 31,630,604.30
Insurance receivable
Reinsurance receivables
Contract reserve of reinsurance receivable
Interest receivable
Dividend receivable 1,000,000.00 1,000,000.00
Other receivables 34,530,842.51 32,392,793.23
Purchase restituted finance asset
Inventories 422,187,767.50 455,031,864.93
Divided into assets held for sale
Non-current asset due within one year
Other current assets 8,078,368.10 9,577,770.69
Total current assets 1,701,043,077.06 1,729,404,179.13
Non-current assets:
Granted loans and advances
Finance asset available for sales 741,953.00 741,953.00
Held-to-maturity securities
Long-term account receivable
Long-term equity investment 185,223,153.82 184,932,925.28
Investment property 34,930,907.43 32,351,447.02
Fixed assets 81,038,811.10 85,925,183.82
Construction in progress 22,045,624.08 20,079,624.08
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 27,742,802.21 28,150,303.44
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned 1,235,412.12 1,274,592.46
Deferred income tax asset
Other non-current asset
Total non-current asset 352,958,663.76 353,456,029.10
Total assets 2,054,001,740.82 2,082,860,208.23
Legal representative: Wang Hong
10
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
1. Consolidated balance sheet (continued)
Prepared by Nanjing Putian Telecommunications Co., Ltd. March 31, 2015 Unit: RMB
Items Balance at period-end Balance at period-begin
Current liabilities:
Short-term loans 453,000,000.00 403,000,000.00
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
Derivative financial liability
Notes payable 65,322,838.66 116,816,997.65
Accounts payable 907,095,221.28 920,559,456.30
Accounts received in advance 81,068,258.65 84,724,425.95
Selling financial asset of repurchase
Commission charge and commission
payable
Wage payable 18,016,526.13 18,693,324.81
Taxes payable 15,458,435.95 10,224,153.45
Interest payable 84,166.67 691,830.29
Dividend payable 1,692,213.38 1,946,045.39
Other accounts payable 58,831,082.37 58,841,351.26
Reinsurance payables
Insurance contract reserve
Security trading of agency
Security sales of agency
Divided into liability held for sale
Non-current liabilities due within 1
year
Other current liabilities
Total current liabilities 1,600,568,743.09 1,615,497,585.10
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable 80,118.00 80,118.00
Long-term wages payable
11
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 80,118.00 80,118.00
Total liabilities 1,600,648,861.09 1,615,577,703.10
Owner’s equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 185,374,533.85 185,374,533.85
Less: Inventory shares
Other comprehensive income -3,318,496.10 -3,318,496.10
Reasonable reserve
Surplus public reserve 589,559.77 589,559.77
Provision of general risk
Retained profit -47,430,132.99 -33,465,684.38
Total owner’s equity attributable to parent
350,215,464.53 364,179,913.14
company
Minority interests 103,137,415.20 103,102,591.99
Total owner’s equity 453,352,879.73 467,282,505.13
Total liabilities and owner’s equity 2,054,001,740.82 2,082,860,208.23
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
2. Balance sheet of parent company
Prepared by Nanjing Putian Telecommunications Co., Ltd. March 31, 2015 Unit: RMB
Items Balance at period-end Balance at period-begin
Current assets:
Monetary funds 141,058,767.75 184,370,348.86
Financial liability measured by fair value and with
variation reckoned into current gains/losses
Derivative financial liability
Notes receivable 16,519,426.59 17,384,160.90
Accounts receivable 512,325,768.76 447,307,478.27
Accounts paid in advance 31,540,143.83 14,363,554.54
Interest receivable
Dividend receivable 1,000,000.00 1,000,000.00
12
Other receivables 27,677,718.42 27,627,713.81
Inventories 224,778,259.21 220,138,759.05
Divided into assets held for sale
Non-current asset due within one year
Other current assets 2,413.04 25,588.19
Total current assets 954,902,497.60 912,217,603.62
Non-current assets:
Finance asset available for sales 741,953.00 741,953.00
Held-to-maturity securities
Long-term account receivable
Long-term equity investment 354,287,971.75 353,997,743.21
Investment property
Fixed assets 25,266,525.11 25,901,856.49
Construction in progress 21,611,806.87 19,883,806.87
Engineering material
Disposal of fixed asset
Productive biological asset
Oil and gas asset
Intangible assets 8,543,424.90 8,798,271.64
Expense on Research and Development
Goodwill
Long-term expenses to be apportioned 1,235,412.12 1,274,592.46
Deferred income tax asset
Other non-current asset
Total non-current asset 411,687,093.75 410,598,223.67
Total assets 1,366,589,591.35 1,322,815,827.29
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
2. Balance sheet of parent company (continued)
Prepared by Nanjing Putian Telecommunications Co., Ltd. March 31, 2015 Unit: RMB
Items Balance at period-end Balance at period-begin
Current liabilities:
Short-term loans 356,000,000.00 326,000,000.00
Financial liability measured by fair value and with
variation reckoned into current gains/losses
Derivative financial liability
Notes payable 56,816,997.65 96,816,997.65
Accounts payable 532,897,286.72 448,950,237.16
Accounts received in advance 31,962,042.30 28,480,537.31
13
Wage payable 7,469,920.52 7,530,723.41
Taxes payable 3,403,297.93 122,888.33
Interest payable 558,219.18
Dividend payable
Other accounts payable 176,445,009.20 193,500,982.32
Divided into liability held for sale
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 1,164,994,554.32 1,101,960,585.36
Non-current liabilities:
Long-term loans
Bonds payable
Including: preferred stock
Perpetual capital securities
Long-term account payable 80,118.00 80,118.00
Long-term wages payable
Special accounts payable
Projected liabilities
Deferred income
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 80,118.00 80,118.00
Total liabilities 1,165,074,672.32 1,102,040,703.36
Owner’s equity:
Share capital 215,000,000.00 215,000,000.00
Other equity instrument
Including: preferred stock
Perpetual capital securities
Capital public reserve 172,417,299.81 172,417,299.81
Less: Inventory shares
Other comprehensive income
Reasonable reserve
Surplus public reserve 589,559.76 589,559.76
Retained profit -186,491,940.54 -167,231,735.64
Total owner’s equity 201,514,919.03 220,775,123.93
Total liabilities and owner’s equity 1,366,589,591.35 1,322,815,827.29
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
14
3. Consolidated Profit Statement
Prepared by Nanjing Putian Telecommunications Co., Ltd. January- March of 2015 Unit: RMB
Items Amount at this period Amount at last period
I. Total operating income 430,831,087.19 592,796,160.80
Including: Operating income 430,831,087.19 592,796,160.80
Interest income
Insurance gained
Commission charge and commission income
II. Total operating cost 444,124,720.87 604,707,369.58
Including: Operating cost 353,599,273.82 524,331,732.16
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 2,465,726.93 1,721,858.70
Sales expenses 45,548,588.96 41,846,033.50
Administration expenses 38,276,927.49 31,665,011.61
Financial expenses 4,236,075.67 5,142,733.61
Losses of devaluation of asset -1,872.00
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 290,228.54 -106,712.45
Including: Investment income on affiliated company and joint
290,228.54 -106,712.45
venture
Exchange income (Loss is listed with “-”)
III. Operating profit (Loss is listed with “-”) -13,003,405.14 -12,017,921.23
Add: Non-operating income 1,987,733.65 485,017.48
Including: Disposal gains of non-current asset
Less: Non-operating expense 75,817.87 25,230.82
Including: Disposal loss of non-current asset
IV. Total Profit (Loss is listed with “-”) -11,091,489.36 -11,558,134.57
Less: Income tax 2,838,136.04 3,447,547.93
V. Net profit (Net loss is listed with “-”) -13,929,625.40 -15,005,682.50
Net profit attributable to owner’s equity of parent company -13,964,448.61 -15,013,598.95
Minority shareholders’ gains and losses 34,823.21 7,916.45
VI. Net after-tax of other comprehensive income
Net after-tax of other comprehensive income attributable to owners
of parent company
(I) Other comprehensive income items which will not be
reclassified subsequently to profit of loss
1. Changes as a result of re-measurement of net defined
15
benefit plan liability or asset
2. Share of the other comprehensive income of the
investee accounted for using equity method which will not be
reclassified subsequently to profit and loss
(II) Other comprehensive income items which will be
reclassified subsequently to profit or loss
1. Share of the other comprehensive income of the
investee accounted for using equity method which will be reclassified
subsequently to profit or loss
2. Gains or losses arising from changes in fair value of
available-for-sale financial assets
3. Gains or losses arising from reclassification of
held-to-maturity investment as available-for-sale financial assets
4. The effect hedging portion of gains or losses arising
from cash flow hedging instruments
5. Translation differences arising on translation of
foreign currency financial statements
6. Other
Net after-tax of other comprehensive income attributable to
minority shareholders
VII. Total consolidated income -13,929,625.40 -15,005,682.50
Total consolidated income attributable to owners of parent company -13,964,448.61 -15,013,598.95
Total consolidated income attributable to minority shareholders 34,823.21 7,916.45
VIII. Earnings per share
i. Basic earnings per share -0.065 -0.070
ii. Diluted earnings per share -0.065 -0.070
Enterprise combine under the same control in the Period, the combined party realized net profit of 0 Yuan before combination, and
realized 0 Yuan at last period for combined party
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
4. Profit statement of parent company
Prepared by Nanjing Putian Telecommunications Co., Ltd. January – March of 2015 Unit: RMB
Items Amount at this period Amount at last period
I. Operating income 181,795,870.55 311,738,395.33
Less: Operating income 163,068,258.39 286,000,078.08
Operating tax and extras 453,315.56 774,549.20
Sales expenses 20,499,235.89 21,452,089.86
16
Administration expenses 14,443,276.41 14,244,073.98
Financial expenses 3,766,570.94 4,493,564.81
Losses of devaluation of asset
Add: Changing income of fair value(Loss is listed with “-”)
Investment income (Loss is listed with “-”) 290,228.54 -106,712.45
Including: Investment income on affiliated company and
290,228.54 -106,712.45
joint venture
II. Operating profit (Loss is listed with “-”) -20,144,558.10 -15,332,673.05
Add: Non-operating income 949,983.22 15,276.00
Including: Disposal gains of non-current asset
Less: Non-operating expense 65,630.02 6,843.18
Including: Disposal loss of non-current asset
III. Total Profit (Loss is listed with “-”) -19,260,204.90 -15,324,240.23
Less: Income tax
IV. Net profit (Net loss is listed with “-”) -19,260,204.90 -15,324,240.23
V. Net after-tax of other comprehensive income
(I) Other comprehensive income items which will not be
reclassified subsequently to profit of loss
1. Changes as a result of re-measurement of net
defined benefit plan liability or asset
2. Share of the other comprehensive income of the
investee accounted for using equity method which will not be
reclassified subsequently to profit and loss
(II) Other comprehensive income items which will be
reclassified subsequently to profit or loss
1. Share of the other comprehensive income of the
investee accounted for using equity method which will be
reclassified subsequently to profit or loss
2. Gains or losses arising from changes in fair value
of available-for-sale financial assets
3. Gains or losses arising from reclassification of
held-to-maturity investment as available-for-sale financial assets
4. The effect hedging portion of gains or losses
arising from cash flow hedging instruments
5. Translation differences arising on translation of
foreign currency financial statements
6. Other
VI. Total consolidated income -19,260,204.90 -15,324,240.23
VII. Earnings per share
i. Basic earnings per share -0.090 -0.071
ii. Diluted earnings per share -0.090 -0.071
Legal representative: Wang Hong
17
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
5. Consolidated cash flow statement
Prepared by Nanjing Putian Telecommunications Co., Ltd. January – March of 2015 Unit: RMB
Items Amount at this period Amount at last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing
543,007,032.53 562,990,378.12
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
Net cash received from reinsurance business
Net increase of insured savings and investment
Net increase of amount from disposal financial assets that
measured by fair value and with variation reckoned into current
gains/losses
Cash received from interest, commission charge and
commission
Net increase of capital borrowed
Net increase of returned business capital
Write-back of tax received 873,418.77 458,221.32
Other cash received concerning operating activities 5,605,065.67 45,351,653.51
Subtotal of cash inflow arising from operating activities 549,485,516.97 608,800,252.95
Cash paid for purchasing commodities and receiving labor
601,844,411.04 533,804,944.62
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 55,726,018.71 53,420,590.57
Taxes paid 18,866,086.32 22,128,285.28
Other cash paid concerning operating activities 62,530,995.89 89,381,697.46
Subtotal of cash outflow arising from operating activities 738,967,511.96 698,735,517.93
Net cash flows arising from operating activities -189,481,994.99 -89,935,264.98
II. Cash flows arising from investing activities:
18
Cash received from recovering investment 6,591,840.00
Cash received from investment income
Net cash received from disposal of fixed, intangible and
6,132.00 27,205.10
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 6,132.00 6,619,045.10
Cash paid for purchasing fixed, intangible and other
2,726,127.93 4,801,297.21
long-term assets
Cash paid for investment
Net increase of mortgaged loans
Net cash received from subsidiaries and other units
obtained
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities 2,726,127.93 4,801,297.21
Net cash flows arising from investing activities -2,719,995.93 1,817,747.89
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 175,000,000.00 85,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 175,000,000.00 85,000,000.00
Cash paid for settling debts 125,000,000.00 65,000,000.00
Cash paid for dividend and profit distributing or interest
6,015,298.00 6,222,458.87
paying
Including: Dividend and profit of minority shareholder
253,832.01
paid by subsidiaries
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 131,015,298.00 71,222,458.87
Net cash flows arising from financing activities 43,984,702.00 13,777,541.13
IV. Influence on cash and cash equivalents due to fluctuation in
17,272.47 31.85
exchange rate
V. Net increase of cash and cash equivalents -148,200,016.45 -74,339,944.11
Add: Balance of cash and cash equivalents at the period
375,372,939.94 402,037,725.25
-begin
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VI. Balance of cash and cash equivalents at the period -end 227,172,923.49 327,697,781.14
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
6. Cash flow statement of parent company
Prepared by Nanjing Putian Telecommunications Co., Ltd. January – March of 2015 Unit: RMB
Items Amount at this period Amount at last period
I. Cash flows arising from operating activities:
Cash received from selling commodities and providing labor
275,325,890.42 242,111,052.26
services
Write-back of tax received
Other cash received concerning operating activities 4,894,334.59 44,329,172.50
Subtotal of cash inflow arising from operating activities 280,220,225.01 286,440,224.76
Cash paid for purchasing commodities and receiving labor
304,402,435.13 270,559,843.34
service
Cash paid to/for staff and workers 28,174,807.77 27,308,737.41
Taxes paid 624,512.24 62,242.49
Other cash paid concerning operating activities 33,064,947.53 72,187,473.46
Subtotal of cash outflow arising from operating activities 366,266,702.67 370,118,296.70
Net cash flows arising from operating activities -86,046,477.66 -83,678,071.94
II. Cash flows arising from investing activities:
Cash received from recovering investment 6,591,840.00
Cash received from investment income
Net cash received from disposal of fixed, intangible and other
6,132.00
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 6,132.00 6,591,840.00
Cash paid for purchasing fixed, intangible and other long-term
2,326,419.68 4,570,475.00
assets
Cash paid for investment
Net cash received from subsidiaries and other units
Other cash paid concerning investing activities
Subtotal of cash outflow from investing activities 2,326,419.68 4,570,475.00
Net cash flows arising from investing activities -2,320,287.68 2,021,365.00
III. Cash flows arising from financing activities
20
Cash received from absorbing investment
Cash received from loans 120,000,000.00 30,000,000.00
Cash received from issuing bonds
Other cash received concerning financing activities
Subtotal of cash inflow from financing activities 120,000,000.00 30,000,000.00
Cash paid for settling debts 90,000,000.00 30,000,000.00
Cash paid for dividend and profit distributing or interest
4,962,093.77 4,984,516.63
paying
Other cash paid concerning financing activities
Subtotal of cash outflow from financing activities 94,962,093.77 34,984,516.63
Net cash flows arising from financing activities 25,037,906.23 -4,984,516.63
IV. Influence on cash due to fluctuation in exchange rate 17,278.00
V. Net increase of cash and cash equivalents -63,311,581.11 -86,641,223.57
Add: Balance of cash and cash equivalents at the period -begin 184,370,348.86 217,989,348.06
VI. Balance of cash and cash equivalents at the period -end 121,058,767.75 131,348,124.49
Legal representative: Wang Hong
Person in charger of accounting works: Shi Lian
Person in charge of accounting organ: Qiu Huizhen
II. Audit report
Whether the first quarterly report had been audited or not
□ Yes √ No
The first quarterly report of the Company had not been audited.
Board of Directors of
Nanjing Putian Telecommunications Co., Ltd.
28 April 2015
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