2013 Quarterly One Report of Wuhan Boiler Company Limited
WUHAN BOILER COMPANY LIMITED
2013 QUARTERLY ONE REPORT
2013-018
April 2013
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Section I Important Notes
The Board of Directors, the Board of Supervisors, directors, supervisors and senior management of Wuhan Boiler
Company Limited (hereinafter referred to as “the Company”) hereby confirm that there are no misstatements,
misleading statements or material omissions in this Quarterly Report and will take individual and/or joint and
several liabilities for the authenticity, accuracy and completeness of this Quarterly Report.
Mr. YEUNG Kwok Wei Richard, Company Principal, Mr. Chin Wee Hua, Accounting Principal, and Mr. Li Yihao,
the Accounting Division’s Principal (Accounting Manager), hereby ensure that the Financial Report enclosed in
this Annual Report is true, accurate and complete.
All Directors have attended the Board Meeting for reviewing this Report.
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Section II Major Financial Data & Change of Shareholders
I. Major financial data
Does the Company adjust retrospectively or restate any accounting data of previous years?
□ Yes √ No
Increase or decrease
Jan.-Mar. 2013 Jan.-Mar. 2012 over the same period
last year (%)
Total revenue (RMB Yuan) 275,946,007.96 217,468,023.56 26.89%
Net profit attributable to shareholders of the Company
-11,982,520.40 56,012.99 -21,492.4%
(RMB Yuan)
Net profit attributable to shareholders of the Company
after deducting non-recurring gains and losses (RMB -12,399,533.71 -13,431.01 -92,220.19%
Yuan)
Net cash flow from operating activities (RMB Yuan) -85,520,954.99 -56,518,700.18 -51.31%
Basic EPS (RMB Yuan/share) -0.0403 0.0002 -20,250%
Diluted EPS (RMB Yuan/share) -0.0403 0.0002 -20,250%
Increase or decrease
Mar. 31, 2013 Dec. 31, 2012 over the same period
last year (%)
Total assets (RMB Yuan) 1,331,557,592.85 1,623,377,051.66 -17.98%
Net assets attributable to shareholders of the Company
-1,255,202,058.37 -1,243,219,537.97 -0.96%
(RMB Yuan)
Items and amounts of non-recurring gains and losses
√ Applicable □ Not applicable
Unit: RMB Yuan
Item Dec. 31, 2012-Mar. 31, 2013 Explanation
Gain/loss on the disposal of non-current assets (including the
333,430.15 Fixed asset disposal
offset part of the asset impairment provisions)
Government grants recognized in the current period, except for
those acquired in the ordinary course of business or granted at Deferred revenue related to new
69,444.50
certain quotas or amounts according to the country’s unified factory land use right
standards
Other non-operating incomes and expenses besides the items Charges refunded by local tax
14,138.66
above bureau
Total 417,013.31
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2013 Quarterly One Report of Wuhan Boiler Company Limited
II. Total number of shareholders at the period-end and shareholdings of top 10 shareholders
Unit: share
Total number of shareholders at the
8,605
period-end
Shareholdings of top 10 shareholders
Number of Pledged or frozen shares
Name of Nature of Shareholding
Total shares held non-tradable
shareholder shareholder percentage (%) Status of shares Number of shares
shares held
ALSTOM
(CHINA) Domestic
INVESTMENT non-state-owned 51% 151,470,000 151,470,000
COMPANY corporation
LIMITED
WUHAN
State-owned
BOILER GROUP 6.91% 20,530,000 20,530,000
corporation
CO., LTD.
Domestic natural
WANG XIAO 0.7% 2,087,785 0
person
Domestic natural
CHEN PENG 0.65% 1,923,353 0
person
GUOTAI
JUNAN
Foreign
SECURITIES(H 0.48% 1,434,251 0
corporation
ONGKONG)
LIMITED
Domestic natural
CHEN CHUYUN 0.46% 1,372,450 0
person
HSBC
BROKING
SECURITIES Foreign
0.42% 1,234,114 0
(ASIA) corporation
LIMITED-CLIE
NTS A/C
Domestic natural
WU ZHENFA 0.38% 1,138,028 0
person
ZHUANG Domestic natural
0.35% 1,045,000 0
CHANGXIONG person
Domestic natural
TANG JUAN 0.3% 887,236 0
person
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Shareholdings of top 10 shareholders with tradable shares
Type of shares
Name of shareholder Number of non-tradable shares held
Type Number
WANG XIAO 2,087,785 Domestically listed foreign shares 2,087,785
CHEN PENG 1,923,353 Domestically listed foreign shares 1,923,353
GUOTAI JUNAN
SECURITIES(HONGKONG) 1,434,251 Domestically listed foreign shares 1,434,251
LIMITED
CHEN CHUYUN 1,372,450 Domestically listed foreign shares 1,372,450
HSBC BROKING SECURITIES
1,234,114 Domestically listed foreign shares 1,234,114
(ASIA) LIMITED-CLIENTS A/C
WU ZHENFA 1,138,028 Domestically listed foreign shares 1,138,028
ZHUANG CHANGXIONG 1,045,000 Domestically listed foreign shares 1,045,000
TANG JUAN 887,236 Domestically listed foreign shares 887,236
QIN HUI 855,486 Domestically listed foreign shares 855,486
ZHUANG YAOHUA 821,150 Domestically listed foreign shares 821,150
The top ten shareholders of the Company are public shareholders who hold tradable B shares.
No affiliated relationship exists between Alstom (China) Investment Co., Ltd. (the first
principal shareholder of the Company), Wuhan Boiler Group Co., Ltd. (the second principal
Explanation on affiliated shareholder of the Company) and the other shareholders with tradable shares, and they are not
relationship or persons acting in persons acting in concert as defined in the Administrative Rules on Information Disclosure
concert among the above-mentioned about Changing of Shareholding Status. The Company is not aware of whether there is any
shareholders affiliated relationship among the top ten shareholders with tradable shares and whether there
are persons acting in concert among them. The Company is not aware of whether there is any
affiliated relationship among the top ten shareholders and the top ten shareholders with
tradable shares.
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Section III Significant Events
I. Significant changes of the major accounting statement items and financial indicators for the
report period, as well as the reasons for these changes
1. Monetary funds decreased by 83.99%, mainly due to increase in payment of raw material purchased;
2. Accounts receivable decreased by 38.32%, mainly due to good collection of foreign project progress billing;
3. Prepayment decreased by 45.13%, mainly due to prepayment settled as result of invoices received;
4. Construction in progress increased by 78.09%, mainly due to purchasing equipment ;
5. Other non-current assets decreased by 100%, mainly due to changes in exchange rate resulting in decrease in gain from
forward contract;
6. Notes payable increased by 155.41%, mainly due to bank acceptance notes used to pay suppliers;
7. Advance from customers decreased by 36.10%, mainly due to settlement of advance from customers in accordance with
contract progress;
8. Other non-current liabilities decreased by 69.58%, mainly due to changes in exchange rate resulting in decrease in loss
from hedged items;
9. Cost of sales increased by 32.61%, mainly due to increase in materials consumed in production of projects under execution;
10. Selling expenses increased by 54.33%, mainly due to increase in travelling expenses by tendering department;
11. Administration expense increased by 71.11%, mainly due to decrease in insurance in same period of last year;
12. Impairment losses increased by 66.13%, mainly due to decrease in bad debts released as result of collection;
13. Fair value change gain decreased by 164.46%, mainly due to change in exchange rate resulting in decrease in gain from
forward contracts;
14. Non-operating income increased by 598.04%, mainly due to proceeds from fixed assets disposal;
15. Income tax decreased by 88.83%, mainly due to less bad debts released so as to less deductible temporary differences in
current period;
16. Net cash from operating activities decreased by 51.31% as compared to last year same period, mainly due to increase in
payment of raw materials purchased and less receivables collection;
17. Net cash from investing activities increased by 89.20% as compared to last year same period, mainly due to less payment
for fixed asset;
18. Net cash from financing activities decreased by 151.26% as compared to last year same period, mainly due to less
shareholders’ entrusted loan received in current period.
II. Commitments made by the Company or any shareholder held more than 5% shares of the
Company in the report period or such commitments carried down into the report period
Commitment Contents of Time of making Period of
Commitment Fulfillment
maker commitment commitment commitment
Commitment on share reform
Commitment in the acquisition report or
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2013 Quarterly One Report of Wuhan Boiler Company Limited
the report on equity changes
Commitment made in asset reorganization
Commitment made in IPO or financing
Other commitment made to minority
shareholders of the Company
Is commitment performed on time Yes
Reason and plan for non-performed
Not applicable
commitment
If commitment is made in relation to
Yes
horizontal competition and related party
Timeline for commitment settlement Not applicable
Method of settlement Not applicable
Performance of commitment Not applicable
III. Forecast for the operating results of Jan.-Jun. 2013
Warning of possible losses or considerable year-on-year change of the accumulated net profit achieved during the period from the
beginning of the year to the end of the next report period according to forecast, as well as explanations on the reasons:
□ Applicable √ Not applicable
IV. Derivative investments
Derivative investment positions held at period-end:
□ Applicable √ Not applicable
V. Researches, visits and interviews received in the reporting period
Place of Way of Main discussion and materials
Time of reception Visitor type Visitor
reception reception provided by the Company
5 shareholders
When will the stock trading of the
Jan. 9, 2013 Wuhan By phone Individual with tradable
Company be resumed?
shares
Stock trading of the Company has been
3 shareholders resumed, will the Company still carry
Feb. 8, 2013 Wuhan By phone Individual with tradable out a voting for the Debt-to-equity
shares Swap Plan this year? How is the
Company’s operation in 2013?
How is the Company’s operation in
1 shareholder with
Mar. 15, 2013 Wuhan By phone Individual 2013? If the deficit continues, will the
tradable shares
Company be delisted?
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2013 Quarterly One Report of Wuhan Boiler Company Limited
2 shareholders
Visiting the plant and learning about
Mar. 22, 2013 Wuhan Field research Individual with tradable
the Company
shares
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Section IV Financial Statements
I. Financial statements
1. Consolidated balance sheet
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Balance as at 31 Mar. 2013 Balance as at 31 Dec. 2012
Current assets:
Monetary funds 21,399,193.86 133,682,569.38
Deposit reservation for balance
Outgoing call loans
Trading financial assets
Notes receivable 20,500,000.00 16,778,857.08
Accounts receivable 142,614,373.46 231,207,704.44
Prepayment 64,628,687.77 117,776,137.51
Insurance receivables
Reinsurance receivables
Provision of reinsurance contract reserve receivable
Interest receivable
Dividend receivable
Other receivables 94,329,402.00 90,356,030.52
Financial assets purchased under agreement to resell
Inventories 117,814,375.08 143,098,165.73
Non-current assets due within 1 year
Other current assets
Total current assets 461,286,032.17 732,899,464.66
Non-current assets ：
Loan and payment on other’s behalf disbursed
Available-for-sale financial assets
Investment held to maturity
Long-term receivables
Long-term equity investment
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Investment property
Fixed assets 732,197,440.63 741,586,739.40
Construction in progress 2,782,089.93 1,562,224.98
Engineering materials
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 78,160,749.22 79,968,814.31
R&D expenses
Goodwill
Long-term deferred expenses
Deferred income tax assets 57,131,280.90 57,549,250.74
Other non-current assets 9,810,557.57
Total non-current assets 870,271,560.68 890,477,587.00
Total assets 1,331,557,592.85 1,623,377,051.66
Current liabilities:
Short-term loans 1,700,000,000.00 1,705,000,000.00
Loans from central bank
Deposits received and held for others
Call loans received
Held-for-trading financial liabilities
Notes payable 108,632,000.00 42,532,000.00
Accounts payable 246,043,772.65 285,438,535.15
Advance from customers 509,280,684.42 796,939,508.66
Financial assets sold under agreements to repurchase
Fees and commissions payable
Payroll payable 54,716,795.02 53,438,610.86
Taxes payable -102,125,046.67 -94,610,129.10
Interest payable 2,442,575.34 2,442,575.34
dividend payable 562,000.00 562,000.00
Other payables 61,660,331.89 60,502,521.10
Amount due to reinsurance
Insurance contract provision
Entrusted trading of securities
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Entrusted selling of securities
Non-current liabilities due within 1 year
Other current liabilities
Total current liabilities 2,581,213,112.65 2,852,245,622.01
Non-current liabilities:
Long-term loans
Bonds payable
Long-term payables
Specific payables
Provision for liabilities
Deferred income tax liabilities
Other non-current liabilities 3,845,079.81 12,640,416.40
Total non-current liabilities 3,845,079.81 12,640,416.40
Total liabilities 2,585,058,192.46 2,864,886,038.41
Owners’ equity (or shareholders’ equity):
Paid-in capital (or share capital) 297,000,000.00 297,000,000.00
Capital reserve 174,659,407.46 174,659,407.46
Less treasury stock
：
Specific reserve
Surplus reserve 39,418,356.83 39,418,356.83
General risk provision
Retained earnings -1,766,279,822.66 -1,754,297,302.26
Foreign exchange difference
Total owners’ equity attributable to the Company -1,255,202,058.37 -1,243,219,537.97
Minority interests 1,701,458.76 1,710,551.22
Total owners’ (or shareholders’) equity -1,253,500,599.61 -1,241,508,986.75
Total liabilities & owners’ (or shareholders’) equity 1,331,557,592.85 1,623,377,051.66
Legal representative: Chief of the accounting work: Chief of the accounting organ:
2. Balance sheet of the Company
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Balance as at 31 Mar. 2013 Balance as at 31 Dec. 2012
Current assets:
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Monetary funds 19,862,996.45 132,147,573.37
Trading financial assets
Notes receivable 20,500,000.00 16,778,857.08
Accounts receivable 141,596,773.46 229,913,768.78
Prepayment 64,628,687.77 117,776,137.51
Interest receivable
Dividend receivable
Other receivables 94,623,764.05 90,643,677.76
Inventories 117,814,375.08 143,098,165.73
Non-current assets due within 1 year
Other current assets
Total current assets 459,026,596.81 730,358,180.23
Non-current assets ：
Available-for-sale financial assets
Investment held to maturity
Long-term receivables
Long-term equity investment 24,984,500.00 24,984,500.00
Investment property
Fixed assets 732,354,417.62 741,743,716.39
Construction in progress 2,782,089.93 1,562,224.98
Engineering materials
Disposal of fixed assets
Production biological assets
Oil-gas assets
Intangible assets 78,160,749.22 79,968,814.31
R&D expenses
Goodwill
Long-term deferred expenses
Deferred income tax assets 57,131,280.90 57,549,250.74
Other non-current assets 9,810,557.57
Total non-current assets 895,413,037.67 915,619,063.99
Total assets 1,354,439,634.48 1,645,977,244.22
Current liabilities:
Short-term loans 1,700,000,000.00 1,705,000,000.00
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Trading financial liabilities
Notes payable 108,632,000.00 42,532,000.00
Accounts payable 246,479,772.65 285,874,535.15
Advance from customers 509,280,684.42 796,939,508.66
Payroll payable 54,547,199.04 53,269,014.88
Taxes payable -102,125,046.67 -94,610,129.10
Interest payable 2,442,575.34 2,442,575.34
Dividend payable
Other payables 98,760,284.65 97,502,473.86
Non-current liabilities due within 1year
Other current liabilities
Total current liabilities 2,618,017,469.43 2,888,949,978.79
Non-current liabilities:
Long-term loans
Bonds payable
Long-term payables
Specific payables
Provision for liabilities
Deferred income tax liabilities
Other non-current liabilities 3,845,079.81 12,640,416.40
Total non-current liabilities 3,845,079.81 12,640,416.40
Total liabilities 2,621,862,549.24 2,901,590,395.19
Owners’ equity (or shareholders’ equity):
Paid-in capital (or share capital) 297,000,000.00 297,000,000.00
Capital reserve 174,854,304.12 174,854,304.12
Less treasury stock
：
Specific reserve
Surplus reserve 39,418,356.83 39,418,356.83
General risk provision
Retained earnings -1,778,695,575.71 -1,766,885,811.92
Foreign exchange difference
Total owners’ (or shareholders’) equity -1,267,422,914.76 -1,255,613,150.97
Total liabilities & owners’ (or shareholders’) equity 1,354,439,634.48 1,645,977,244.22
Legal representative: Chief of the accounting work: Chief of the accounting organ:
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2013 Quarterly One Report of Wuhan Boiler Company Limited
3. Consolidated income statement
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Jan.-Mar. 2013 Jan.-Mar. 2012
I. Total revenue 275,946,007.96 217,468,023.56
Including: revenue 275,946,007.96 217,468,023.56
Interest income
Premium income
Fee and commission income
II. Total cost of sales 286,836,213.42 215,448,710.75
Including: cost of sales 259,468,424.28 195,659,710.95
Interest expenses
Service charge and commission income
Cash surrender value
Claim expenses-net
Provision for insurance contract reserves-net
Insurance policy dividend paid
Reinsurance expense
Business taxes and surcharges
Distribution expenses 3,628,738.27 2,351,331.98
Administrative expenses 7,081,535.43 4,138,657.91
Financial costs 21,338,180.23 27,116,902.95
Impairment loss -4,680,664.79 -13,817,893.04
Add: gain/(loss) from change in fair value (“-” means loss) -1,100,450.87 1,707,064.24
Gain/(loss) from investment (“-” means loss)
Including: income from investment on associates and joint ventures
Gain or loss on foreign exchange (“-” means loss)
III. Business profit (“-” means loss): -11,990,656.33 3,726,377.05
Add: non-business income 484,747.52 69,444.00
Less: non-business expense 67,734.21
Including: loss from non-current asset disposal
IV. Total profit (“-” means loss) -11,573,643.02 3,795,821.05
Less: income tax expense 417,969.84 3,743,292.64
V. Net profit (“-” means loss) -11,991,612.86 52,528.41
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Including: net profit achieved by the merged parties before business mergers -11,982,520.40 56,012.99
Attributable to owners of the Company -9,092.46
Minority shareholders’ income
VI. Earnings per share -- --
(I) Basic earnings per share -0.0403 0.0002
(II) Diluted earnings per share -0.0403 0.0002
VII. Other comprehensive income
VIII. Total comprehensive income -11,991,612.86
52,528.41
Attributable to owners of the Company -11,982,520.40
56,012.99
Attributable to minority shareholders
-9,092.46 -3,484.58
Legal representative: Chief of the accounting work: Chief of the accounting organ:
4. Income statement of the Company
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Jan.-Mar. 2013 Jan.-Mar. 2012
I. Total revenue 275,946,007.96 217,468,023.56
Less: cost of revenue 259,468,424.28 195,659,710.95
Business taxes and surcharges
Distribution expenses 3,628,738.27 2,351,331.98
Administrative expenses 7,074,820.62 4,122,879.91
Financial costs 21,339,381.63 27,118,491.12
Impairment loss -4,857,000.45 -13,873,394.90
Add: gain/(loss) from change in fair value (“-” means loss) -1,100,450.87 1,707,064.24
Gain/(loss) from investment (“-” means loss)
Including: income from investment on associates and joint ventures
II. Business profit (“-” means loss): -11,808,807.26 3,796,068.74
Add: non-business income 484,747.52 69,444.00
Less: non-business expense 67,734.21
Including: loss from non-current asset disposal
III. Total profit (“-” means loss) -11,391,793.95 3,865,512.74
Less: income tax expense 417,969.84 3,743,292.64
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2013 Quarterly One Report of Wuhan Boiler Company Limited
IV. Net profit (“-” means loss) -11,809,763.79 122,220.10
V. Earnings per share -- --
(I) Basic earnings per share -0.04 0.00
(II) Diluted earnings per share -0.04 0.00
VI. Other comprehensive income
VII. Total comprehensive income -11,809,763.79
122,220.10
Legal representative: Chief of the accounting work: Chief of the accounting organ:
5. Consolidated cash flow statement
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Jan.-Mar. 2013 Jan.-Mar. 2012
I. Cash flows from operating activities:
Cash received from sales of goods or rending of services 57,289,240.66 84,848,366.59
Net increase of deposits received and held for others
Net increase of loans from central bank
Net increase of inter-bank loans from other financial institutions
Cash received against original insurance contracts
Net cash received from reinsurance
Net increase of client deposit and investment
Net increase of disposal of held-for-trading financial assets
Cash received as interest, fees and commissions
Net increase of inter bank fund received
Net increase of cash received under repurchasing
Tax and fare returned 18,738,050.59
Other cash received from operating activities
Sub-total of cash inflow from operating activities 76,027,291.25 84,848,366.59
Cash paid for goods and services 115,119,470.46 97,661,115.34
Net increase of loans and advances from customer
Net increase of deposit in central bank, banks and other financial
institutions
Cash paid for original contract claim
Cash paid for interest, fees and commissions
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Cash paid for policy dividend
Cash paid to and for employees 36,632,946.98 34,931,581.57
Cash paid for all types of taxes 1,959,017.72 1,645,055.98
Other cash paid relating to operating activities 7,836,811.08 7,129,313.88
Sub-total of cash outflows from operating activities 161,548,246.24 141,367,066.77
Net cash flows from operating activities -85,520,954.99 -56,518,700.18
II. Cash flows from investing activities:
Cash received from retraction of investment
Cash received from investment income
Net cash received from disposal of fixed assets, intangible assets and
519,600.00
other long-term assets
Net cash received from disposal of subsidiaries and other operating
units
Other cash received relating to investing activities 64,834.71 41,512.41
Sub-total of cash inflows of investing activities 584,434.71 41,512.41
Cash paid for acquisition of fixed assets, intangible assets and other
647,914.81 3,061,247.09
long-term assets
Cash paid for acquisition of investments
Net increase of pledge loans
Net cash paid for acquisition of subsidiaries and other operating units
Other cash paid relating to investing activities 269,269.67 61,812.97
Sub-total of cash outflows of investing activities 917,184.48 3,123,060.06
Net cash flow from investing activities -332,749.77 -3,081,547.65
III. Cash flows from financing activities:
Cash received from investment
Including: cash received by subsidiaries from minority shareholders
Cash received from borrowings 230,000,000.00 297,000,000.00
Cash received from bonds issuing
Other cash received relating to financing activities
Sub-total of cash inflows of financing activities 230,000,000.00 297,000,000.00
Cash paid for repayment of borrowings 235,000,000.00 220,000,000.00
Cash paid for dividends, profit distribution or interest 22,232,250.00 23,877,990.00
Including: dividends or profits paid to minority shareholders by
subsidiaries
Other cash paid relating to financing activities
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Sub-total of cash outflows of financing activities 257,232,250.00 243,877,990.00
Net cash flow from financing activities -27,232,250.00 53,122,010.00
IV. Effect of foreign exchange rate changes on cash and cash equivalents 802,579.24 -495,488.71
V. Net increase in cash and cash equivalents -112,283,375.52 -6,973,726.54
Add: cash and cash equivalents at the beginning of this period 131,071,052.35 20,388,030.03
VI. Cash and cash equivalents at the end of this period 18,787,676.83 13,414,303.49
Legal representative: Chief of the accounting work: Chief of the accounting organ:
6. Cash flow statement of the Company
Prepared by Wuhan Boiler Company Limited
Unit: RMB Yuan
Item Jan.-Mar. 2013 Jan.-Mar. 2012
I. Cash flows from operating activities:
Cash received from sales of goods or rending of services 57,289,240.66 84,848,366.59
Tax and fare returned 18,738,050,59
Other cash received from operating activities
Sub-total of cash inflow from operating activities 76,027,291.25 84,848,366.59
Cash paid for goods and services 115,119,470.46 97,661,115.34
Cash paid to and for employees 36,632,946.98 34,931,581.57
Cash paid for all types of taxes 1,959,017.72 1,645,055.98
Other cash paid relating to operating activities 7,836,811.08 7,129,313.88
Sub-total of cash outflows from operating activities 161,548,246.24 141,367,066.77
Net cash flows from operating activities -85,520,954.99 -56,518,700.18
II. Cash flows from investing activities:
Cash received from retraction of investment
Cash received from investment income
Net cash received from disposal of fixed assets, intangible assets and
519,600.00
other long-term assets
Net cash received from disposal of subsidiaries and other operating
units
Other cash received relating to investing activities 63,357.31 39,627.49
Sub-total of cash inflows of investing activities 582,957.31 39,627.49
Cash paid for acquisition of fixed assets, intangible assets and other
647,914.81 3,061,247.09
long-term assets
Cash paid for acquisition of investments
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2013 Quarterly One Report of Wuhan Boiler Company Limited
Net cash paid for acquisition of subsidiaries and other operating units
Other cash paid relating to investing activities 268,993.67 61,516.22
Sub-total of cash outflows of investing activities 916,908.48 3,122,763.31
Net cash flow from investing activities -333,951.17 -3,083,135.82
III. Cash flows from financing activities
Cash received from investment
Cash received from borrowings 230,000,000.00 297,000,000.00
Cash received from bonds issuing
Other cash received relating to financing activities
Sub-total of cash inflows of financing activities 230,000,000.00 297,000,000.00
Cash paid for repayment of borrowings 235,000,000.00 220,000,000.00
Cash paid for dividends, profit distribution or interest 22,232,250.00 23,877,990.00
Other cash paid relating to financing activities
Sub-total of cash outflows of financing activities 257,232,250.00 243,877,990.00
Net cash flow from financing activities -27,232,250.00 53,122,010.00
IV. Effect of foreign exchange rate changes on cash and cash equivalents 802,579.24 -495,488.71
V. Net increase in cash and cash equivalents -112,284,576.92 -6,975,314.71
Add: cash and cash equivalents at the beginning of this period 129,536,056.34 18,949,394.34
VI. Cash and cash equivalents at the end of this period 17,251,479.42 11,974,079.63
Legal representative: Chief of the accounting work: Chief of the accounting organ:
II. Audit report
Is this report audited?
□ Yes √ No
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