Last checked at 16 Nov 2010 12:28
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong KongLimited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim anyliability whatsoever for any loss howsoever arising from or in reliance uponthe whole or any part of the contents of this announcement. DATANG INTERNATIONAL POWER GENERATION CO., LTD. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) OVERSEAS REGULATORY ANNOUNCEMENT CORRIGENDUM TO THIRD QUARTERLY REPORT OF 2010Special Notice:
The board of directors (the "Board") and all directors (the "Directors") of the Company warrant that there are no false representations and misleading
statements contained in, or material omissions from, this announcement, and
severally and jointly accept the responsibility for the truthfulness, accuracy and completeness of the content of this announcement.
This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). On 25 October 2010, Datang International Power Generation Co., Ltd. (the"Company") disclosed the whole text of its third quarterly report of 2010.After verification thereafter, there was an error in paragraph 2.2 of section 2regarding the "Total number of shareholders as at the end of the reportingperiod and table of shareholding of the top ten holders of circulating sharesfree from selling restrictions", with the shareholding of Tianjin JinnengInvestment Company, a shareholder of the Company, not being stated. Amendmentsare hereby made as follows:In paragraph 2.2 of section 2 in the whole text of the Company's thirdquarterly report of 2010, the "Total number of shareholders as at the end ofthe reporting period and table of shareholding of the top ten holders ofcirculating shares free from selling restrictions", should include theshareholding of Tianjin Jinneng Investment Company which holds 1,212,012,600circulating shares not subject to selling restrictions as at the end of thereporting period and the type of share is RMB-denominated ordinary shares.
The whole text of the amended third quarterly report of 2010 of the Company is attached for your reference.
By Order of the Board Zhou Gang Secretary to the Board
Beijing, the PRC, 16 November 2010
As at the date of this announcement, the directors of the Company are:
Liu Shunda, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia, Guan Tiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*,
Li Hengyuan*,Zhao Jie*, Jiang Guohua*
* Independent non-executive Directors
Attachment: Third Quarterly Report of 2010 (Amended)
Attachment:
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong KongLimited take no responsibility for the contents of this announcement, make norepresentation as to its accuracy or completeness and expressly disclaim anyliability whatsoever for any loss howsoever arising from or in reliance uponthe whole or any part of the contents of this announcement. DATANG INTERNATIONAL POWER GENERATION CO., LTD. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) THIRD QUARTERLY REPORT OF 2010 (AMENDED)
In accordance with the requirements of the China Securities Regulatory Commission, Datang International Power Generation Co., Ltd. (the "Company") is required to publish quarterly reports for the first and third quarters of the year.
The financial information contained in this quarterly report is unaudited, and was prepared in accordance with the PRC GAAP.
This announcement is made pursuant to Rules 13.09(1) and (2) of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
1. IMPORTANT NOTICE
1.1 The board of directors, the supervisory committee, the directors, the
supervisors and senior management members of the Company warrant that there
are no false representations and misleading statements contained in, or
material omissions from, this report, and severally and jointly accept the
responsibility for the truthfulness, accuracy and completeness of the
content hereof.
1.2 Any directors who failed to attend the Board meeting should be disclosed
separately. Explanation of Name of director Role of director director not not attending not attending attending Name of proxy Liu Haixia Director Business engagement Guan Tiangang Li Gengsheng Director Business engagement Ye Yonghui Jiang Guohua Independent director Business engagement Li Hengyuan
1.3 The third quarterly financial report of the Company is unaudited. 1.4 The financial data for the third quarter of 2009 and the first three
quarters of 2009 cited in this quarterly report for comparison have been
adjusted retrospectively as business combination under common control is
involved. 1.5 Name of the person-in-charge of the Company Liu Shunda Name of the person-in-charge of accounting Wang Xianzhou matters Name of the person-in-charge of the accounting Liu Heping institution (head of accounting function)
Mr. Liu Shunda, the person-in-charge of the Company, Mr. Wang Xianzhou, the
person-in-charge of accounting matters, and Mr. Liu Heping, the person-in-charge of the accounting institution (head of accounting function), hereby make representation in respect of the truthfulness and
completeness of the financial statements contained in this quarterly report.
2. BASIC INFORMATION OF THE COMPANY
2.1 Major accounting data and financial indicators Currency: RMB Increase/decrease at the end of the At the end reporting period as of the At the end of compared to the end reporting the previous of the period year previous year (%) Total assets (RMB'000) 204,150,085 182,064,307 12.13 Interests of equity holders (or Interests of shareholders) (RMB'000) 29,767,870 26,073,445 14.17 Net assets per share attributable to shareholders of the Company (RMB/share) 2.42 2.21 9.50 Increase/decrease as Beginning of the year compared to the to the end of corresponding period the reporting period of the previous year (Jan - Sep) (%) Net cash flows generated from operating activities (RMB'000) 10,674,806
20.01
Net cash flows per share generated from operating activities (RMB/share) 0.8672
14.85 Increase/decrease Beginning of of the reporting the year to period as The the end of compared to the reporting the reporting corresponding period period period of the (Jul - Sep) (Jan - Sep) previous year (%) Net profit attributable to shareholders of the Company (RMB'000) 766,718 1,596,464 109.59 Basic earnings per share (RMB/share) 0.0623 0.1316 100.32 Basic earnings per share excluding non-recurring profit/loss (RMB/share) 0.0560 0.1237 78.34 Diluted earnings per share (RMB/share) 0.0623 0.1316 100.32 Weighted average an increase of return on net 1.21 percentage assets (%) 2.60 5.57 points Weighted average return on net assets excluding an increase of non-recurring 0.93 percentage profit/loss (%) 2.34 5.24 point Excluding non-recurring profit/loss items and amounts: (RMB'000) Amount from the beginning of the year to the end of the reporting Item period (Jan-Sep) Explanation Gains and losses from disposal of Gain from disposal of non-current assets 27,160 non-current assets Government's grants accounted for in the profit and loss account for the reporting period (except for the government's grants that are closely related to the Company's businesses; and that are enjoyed in an amount or quantity specified by uniform Government's
grants for
standards of the State) 67,366 the reporting
period
Profit/loss from Profit
gained from
liabilities restructuring 847 liabilities
restructuring Profit/loss from loans Profit gained from loans entrusted to external entrusted to associates entities 3,934 (joint ventures) Other non-operating income Net amount
of other
and expenses excluding the non-operating
income
above-mentioned items 27,046 and expenses Impact of above items on Impact of income tax (21,419) income tax expenses Effects of minority shareholders' Impact of above items on profit/loss (after tax) (9,662) minority interests Total 95,272
2.2 Total number of shareholders as at the end of the reporting period and
table of shareholding of the top ten holders of shares free from selling restrictions Unit: share Total number of shareholders at the end of the reporting period 237,720 Shareholding of the top ten holders of circulating shares free from selling restrictions Number of circulating shares held not subject to selling restrictions as at the end of the Name of shareholder (Full name) reporting period Type of share RMB-denominated China Datang Corporation 3,959,241,160 ordinary shares Overseas-listed HKSCC Nominees Limited 3,282,365,050 foreign shares Hebei Construction Investment RMB-denominated Company 1,281,872,927 ordinary shares Beijing Energy Investment
RMB-denominated
(Group) Company 1,278,988,672 ordinary
shares
Tianjin Jinneng Investment RMB-denominated Company 1,212,012,600 ordinary shares Guotai Junan - China Construction Bank - The Hongkong and Shanghai Banking Corporation RMB-denominated Limited 21,417,195 ordinary shares National Council for Social RMB-denominated Security Fund 18,000,000 ordinary shares RMB-denominated UBS AG 17,036,099 ordinary shares Citic Securities - Industrial and Commercial Bank of China - Credit Suisse (Hong Kong)
RMB-denominated Limited 13,035,531 ordinary shares RMB-denominated Citigroup Global Markets Limited 10,079,221 ordinary shares
CDC Overseas Investment Co., Ltd., China Datang Corporation's wholly-owned
subsidiary, holds 480,680,000 H shares of the Company as at 30 September 2010,
which are included in the shareholding of HKSCC Nominees Limited, representing
approximately 3.90% of the Company's total share capital. Hence China Datang
Corporation and its subsidiary hold a total of 4,439,921,160 issued shares of
the Company, representing approximately 36.07% of the Company's total issued
shares.3. SIGNIFICANT MATTERS 3.1 The details of and the reasons for the material changes in the major financial statement items and financial indicators of the Company (Y) Applicable ( ) Not applicable
(1) Cash balance of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 151% over the beginning of the
reporting period. This was mainly because of the funds raised at the non-public issue of A shares and an increase in sales income during the reporting period. Further, the increase in cash balance was also attributable to an increase in borrowings by the Company and its subsidiaries.
(2) Notes receivable of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 49% over the beginning of the
reporting period. This was mainly because of the increase in volume of
notes receivable used by customers for settlement.
(3) Prepayments of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 37% over the beginning of the
reporting period. This was mainly because of an increase in prepayments for
fuel coal made by the Company's coal-fire power plants and Beijing Datang Fuel Co., Ltd. (4) Other receivables of the Company and its subsidiaries as at the end of the reporting period decreased by approximately 38% over the beginning of the reporting period. This was mainly because the Company recovered the prepayments for the acquisition of Yuneng (Group) Company Limited during the reporting period. (5) Inventories of the Company and its subsidiaries as at the end of the reporting period increased by approximately 103% over the beginning of the
reporting period. This was mainly because of an increase in inventories at
Yuneng (Group) Company Limited and Inner Mongolia Baoli Coal Co., Ltd.,
which are consolidated under non-common control. Moreover, the increase in
coal inventories of the Company and its subsidiaries also led to the increase in inventories.
(6) Available-for-sale financial assets of the Company and its subsidiaries as
at the end of the reporting period increased by approximately 500% over the
beginning of the reporting period. This was mainly because of the holding
of the shares of Southwest Securities by a subsidiary of Yuneng (Group)
Company Limited, which is consolidated under non-common control, during the
reporting period, leading to an increase in available-for-sale financial
assets. (7) Investment properties of the Company and its subsidiaries as at the end of
the reporting period increased by approximately 100% over the beginning of
the reporting period. This was mainly because of the commencement of
operation of the hotel offices of Inner Mongolia Datang International
Tuoketuo Power Generation Company Limited, a subsidiary of the Company.
(8) Long-term deferred expenses of the Company and its subsidiaries as at the end of the reporting period increased by approximately 356% over the beginning of the reporting period. This was mainly because of the land
requisition compensation paid during the reporting period by Inner Mongolia
Baoli Coal Co., Ltd. which is consolidated under non-common control.
(9) Notes payable of the Company and its subsidiaries as at the end of the reporting period increased by approximately 95% over the beginning of the
reporting period. This was mainly because of the increase in procurements
of the Company and its subsidiaries as well as the increase in volume of
notes payable used for settlement.
(10) Accounts payable of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 33% over the beginning of the
reporting period. This was mainly because of an increase in provisionally
assessed project fees resulting from construction-in-progress being
converted to fixed assets of the Company's subsidiaries, Jiangsu Datang
International Lvsigang Power Generation Company Limited and Guangdong
Datang International Chaozhou Power Generation Company Limited. Moreover,
as the new generating units of the Company and its subsidiaries commenced
operation, the purchases of coal increased, resulting in an increase in
fuel charge payable.
(11) Advances received by the Company and its subsidiaries as at the end of the
reporting period increased by approximately 295% over the beginning of the
reporting period. This was mainly because of an increase in property
prepayments received by Yuneng (Group) Company Limited, which is
consolidated under non-common control, during the reporting period.
(12) Other payables of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 127% over the beginning of the
reporting period. This was mainly because the consolidation under
non-common control of Yuneng (Group) Company Limited and Inner Mongolia
Baoli Coal Co., Ltd., led to an increase in balance of other payables
during the reporting period. (13) Non-current liabilities due within one year of the Company and its subsidiaries as at the end of the reporting period increased by
approximately 45% over the beginning of the reporting period. This was
mainly because of an increase in long-term borrowings due within one year.
(14) Deferred income tax liabilities of the Company and its subsidiaries as at the end of the reporting period increased by approximately 32% over the beginning of the reporting period. This was mainly because the
consolidation under non-common control of Yuneng (Group) Company Limited
and Inner Mongolia Baoli Coal Co., Ltd., led to an increase in balance of
deferred income tax liabilities during the reporting period.
(15) Capital reserve of the Company and its subsidiaries as at the end of the
reporting period increased by approximately 153% over the beginning of the
reporting period. This was mainly because of the capital premium of the
Company's non-public issue of shares during the reporting period.
(16) Undistributed profits of the Company and its subsidiaries as at the end of
the reporting period increased by approximately 54% over the beginning of
the reporting period. This was mainly because of a significant increase in
net profit attributable to shareholders for the first three quarters of
2010.
(17) Selling expenses of the Company and its subsidiaries for the nine months
ended 30 September 2010 increased by approximately 128% over the corresponding period of the previous year. This was mainly because such expenses of Yuneng (Group) Company Limited and Inner Mongolia Baoli Coal Co., Ltd., which are consolidated under non-common control, for the
corresponding period of the previous year had not been consolidated in the
Company's financial statements; and that the commencement of production of
some of the subsidiaries also led to an increase in selling expenses.
(18) Investment income of the Company and its subsidiaries for the nine months
ended 30 September 2010 increased by approximately 44% over the
corresponding period of the previous year. This was mainly because the
invested units recorded growth in performance, resulting in an increase in
investment income as recognised in accordance with the equity method.
(19) Non-operating income of the Company and its subsidiaries for the nine months ended 30 September 2010 increased by approximately 60% over the corresponding period of the previous year. This was mainly because of an
increase in government grants received by Datang Energy Chemical Company
Limited and Qian'an Datang Thermal Power Company Limited during the
reporting period.
(20) Non-operating expenses of the Company and its subsidiaries for the nine
months ended 30 September 2010 decreased by approximately 63% over the
corresponding period of the previous year. This was mainly because some of
the subsidiaries paid for late charges in the corresponding period of the
previous year but no such charge has been paid during the reporting period.
(21) Net cash flows generated from investing activities of the Company and its
subsidiaries for the nine months ended 30 September 2010 increased by
approximately 43% over the corresponding period of the previous year. This
was mainly because of a decrease in fixed asset investment.
(22) Net cash flows generated from financing activities of the Company and its
subsidiaries for the nine months ended 30 September 2010 decreased by
approximately 73% over the corresponding period of the previous year. This
was mainly because of a decrease in net growth of borrowings.
(23) Net profit attributable to equity holders of the Company and its
subsidiaries for the three months from July to September 2010 increased by
approximately 110% over the corresponding period of the previous year. This
was mainly because of an increase in power generation, a growth in sales
income resulting from the commencement of operation of new generating units
and a change in accounting estimates of fixed assets, etc.
3.2 The analysis and explanation of progress and impact of major events and
solutions ( ) Applicable (Y) Not applicable
3.3 The performance of the undertakings made by the Company, shareholders and
the de facto controller ( ) Applicable (Y) Not applicable
3.4 The warning and explanation in the forecast of the possible aggregate net
profits from the beginning of the year to the end of the next reporting
period becoming a loss or significant changes over the corresponding period
of the previous year ( ) Applicable (Y) Not applicable 3.5 Status of the implementation of the cash dividend policy during the reporting period
The Company has stipulated the cash dividend policy in its articles of
association and has completed the profit distribution for 2009 in July 2010. By Order of the Board Zhou Gang Secretary to the Board
Beijing, the PRC, 22 October 2010
As at the date of this announcement, the directors of the Company are:
Liu Shunda, Hu Shengmu, Cao Jingshan, Fang Qinghai, Zhou Gang, Liu Haixia, GuanTiangang, Su Tiegang, Ye Yonghui, Li Gengsheng, Li Yanmeng*, Zhao Zunlian*, LiHengyuan*, Zhao Jie*, Jiang Guohua*
* Independent non-executive Directors
4. APPENDIX
4.1 Consolidated balance sheet and balance sheet of the Company as at 30 September 2010 (unaudited) (Amounts expressed in thousands of Renminbi unless otherwise stated) 30 September 31 December 30 September 31 December 2010 2009 2010 2009 Assets Consolidated Consolidated The Company The Company Current assets Cash balance 3,787,045 1,506,435 1,239,941 291,589 Notes receivable 209,445 140,273 -- -- Accounts receivable 7,330,920 6,494,644 848,520 1,184,183 Prepayments 2,921,439 2,128,077 300,990 762,088 Interest receivable 9,878 -- -- -- Dividends receivable -- -- -- 98,766 Other receivables 1,582,735 2,563,775 2,512,754 7,210,535 Inventories 3,759,891 1,855,177 277,767 194,318 Other current assets -- 237 -- -- Total current assets 19,601,353 14,688,618 5,179,972 9,741,479 Non-current assets Available-for-sale financial assets 112,110 18,700 -- -- Long-term receivables 132,985 198,717 6,399,819
3,894,922
Long-term equity
investments 8,591,339 6,647,048 28,768,496 22,874,037 Investment properties 181,169 -- -- -- Fixed assets 113,444,209 96,616,097 7,083,010 7,556,170 Construction -in-progress 47,509,486 49,964,067 2,188,146 1,776,434 Construction materials 8,815,455 9,471,447 218,200 218,200 Disposal of fixed assets -8 -- -155 -- Intangible assets 3,869,271 3,112,600 537,107 545,227 Goodwill 686,541 533,745 33,995 33,561 Long-term deferred expenses 358,869 78,673 14,182 18,661 Deferred income tax assets 828,794 716,083 41,556 41,556 Other non-current assets 18,512 18,512 -- -- Total non-current assets 184,548,732 167,375,689 45,284,356 36,958,768 Total assets 204,150,085 182,064,307 50,464,328 46,700,247 Liabilities and 30 September 31 December 30 September 31 December shareholders' 2010 2009 2010 2009 equity Consolidated Consolidated The Company The Company Current liabilities Short-term loans 19,342,935 19,569,023 --
550,000
Notes payable 1,361,189 697,703 --
--
Accounts payable 16,087,205 12,076,588 896,589 1,248,306 Advances from customers 577,294 146,277 -- -- Salary payable 53,631 32,825 3,357 6,010 Taxes payable -1,183,931 -1,610,251 -3,955 58,848 Interest payable 282,822 356,389 114,944 178,045 Dividends payable -- 36,909 -- -- Other payables 1,658,085 730,238 222,124 220,897 Non-current liabilities due within one year 10,708,351 7,367,012 263,400 963,400 Other current liabilities 23,980 -- -- -- Total current liabilities 48,911,561 39,402,713 1,496,459 3,225,506 Non-current liabilities Long-term loans 107,793,715 99,506,545 11,762,400 10,409,600 Debentures payable 5,946,347 5,938,544 5,946,347 5,938,544 Long-term payables 3,582,304 3,701,165 18,000 27,000 Specific payables 37,500 -- -- -- Provisions 41,554 36,008 -- -- Deferred income tax liabilities 377,319 286,600 -- -- Other non-current liabilities 469,432 475,788 347,468 357,299 Total non-current liabilities 118,248,171 109,944,650 18,074,215 16,732,443 Total liabilities 167,159,732 149,347,363 19,570,674 19,957,949
Shareholders' equity
Share capital 12,310,038 11,780,038 12,310,038 11,780,038
Capital surplus 4,012,938 1,584,008 4,340,053 1,629,426
Specific reserve 377,726 383,588 333,480 304,634
Surplus reserve 10,945,628 10,945,628 10,983,062 10,983,062
Undistributed
profits 2,097,252 1,362,492 2,927,021
2,045,138
Foreign currency translation differences 24,288 17,691 -- -- Total shareholders' equity attributable to the equity holders of the Company 29,767,870 26,073,445 30,893,654 26,742,298 Minority interests 7,222,483 6,643,499 -- -- Total shareholders' equity 36,990,353 32,716,944 30,893,654
26,742,298
Total liabilities and shareholders' equity 204,150,085 182,064,307 50,464,328
46,700,247
4.2 Consolidated profit and loss account for the nine months ended 30 September
2010 (unaudited) (Amounts expressed in thousands of Renminbi unless otherwise stated) Amounts Amounts for for the the period period from from the the beginning beginning of of the the previous Amounts for the year to the year to the corresponding end of the end of the Amounts period of the reporting reporting for the period previous year period period Item (Jul - Sep) (Jul - Sep) (Jan - Sep) (Jan - Sep)
1. Operating revenue 15,002,503 15,037,514 43,948,509
35,763,950
Less: Operating cost 11,859,008 12,614,431 35,967,838
29,569,736
Business tax and surcharges 98,824 105,373 248,732 291,878 Selling expenses 96,150 71,813 303,705 133,400 General and administrative expenses 389,712 343,871 1,084,604 909,091 Financial expenses, net 1,370,729 1,054,644 3,909,678
3,065,987
Impairment loss of assets -5,009 -- -6,152 -- Add: Fair value loss -- -- -- -- Investment income 134,741 57,937 451,504 312,554 Including: Investment income from associates and jointly controlled entities 111,478 49,788 405,953 157,793 2. Operating profit 1,327,830 905,319 2,891,608
2,106,412
Add: Non-operating income 59,221 26,851 154,421 96,716 Less: Non-operating expenses 6,828 21,886 10,004 26,940 3. Total profit 1,380,223 910,284 3,036,025 2,176,188 Less: Income tax expense 217,728 225,977 523,116 444,229 4. Net profit 1,162,495 684,307 2,512,909 1,731,959
Including: Net loss from acquiree before business consolidation under common control -- -8,419 -- -16,972 Net profit attributable to equity holders of the Company 766,718 365,816 1,596,464
1,009,634
Minority interests 395,777 318,491 916,445 722,325 5. Earnings per share Basic earnings per share (RMB/share) 0.0623 0.0311 0.1316 0.0857 Diluted earnings per share (RMB/share) 0.0623 0.0311 0.1316 0.0857 6. Other comprehensive income 5,293 -25,453 -12,103 24,507 7. Total comprehensive income 1,167,788 658,854 2,500,806
1,756,466
Total comprehensive income attributable to equity holders of the Company 772,011 340,363 1,586,552
1,034,141
Total comprehensive income attributable to minority shareholders 395,777 318,491 914,254 722,325
Profit and loss account of the Company for the nine months ended 30 September
2010 (unaudited) (Amounts expressed in thousands of Renminbi unless otherwise stated) Amounts Amounts for for the the period period from from the the beginning beginning of of the the previous Amounts for the year to the year to the corresponding end of the end of the Amounts period of the reporting reporting for the period previous year period period Item (Jul - Sep) (Jul - Sep) (Jan - Sep) (Jan - Sep)
1. Operating revenue 2,021,666 2,373,789 6,370,952
6,320,539
Less: Operating cost 1,814,588 2,064,020 5,767,319
5,493,954
Business tax and surcharges 17,357 30,629 31,639 79,302 Selling expenses -- -- -- -- General and administrative expenses 107,543 56,787 313,433 295,059 Financial expenses, net 178,694 82,270 458,219 205,032 Impairment loss of assets -- -- -- -- Add: Fair value loss -- -- -- -- Investment income 358,564 429,850 1,933,072 1,284,343 Including: Investment income from associates and jointly controlled entities 111,478 49,788 405,953 161,682 2. Operating profit 262,048 569,933 1,733,414
1,531,535
Add: Non-operating income 9,115 15,648 45,842 52,570 Less: Non-operating expenses 3,642 1,769 4,662 2,528 3. Total profit 267,521 583,812 1,774,594 1,581,577 Less: Income tax expense 10,434 51,734 31,001 133,323 4. Net profit 257,087 532,078 1,743,593 1,448,254 Net profit attributable to equity holders of the Company 257,087 532,078 1,743,593
1,448,254
Minority interests -- -- -- -- 5. Earnings per share Basic earnings per share (RMB/share) -- -- -- -- Diluted earnings per share (RMB/share) -- -- -- -- 6. Other comprehensive income -- -25,737 -7,745 24,373 7. Total comprehensive income 257,087 506,341 1,735,848
1,472,627
Total comprehensive income attributable to equity holders of the Company 257,087 506,341 1,735,848
1,472,627
Total comprehensive income attributable to minority shareholders -- -- -- --
4.3 Consolidated cash flow statement and cash flow statement of the Company for
the nine months ended 30 September 2010 (unaudited) (Amounts expressed in thousands of Renminbi unless otherwise stated) For the nine months ended 30 September 2010 2009 2010 2009 Item Consolidated Consolidated The Company The Company 1. Cash flows generated from operating activities Cash received from sales of goods and services rendered 47,337,318 35,058,526 7,750,339 7,266,075 Refund of taxes and levies 7,506 60,358 -- -- Other cash received relating to operating activities 149,786 12,139 228,687 22,133 Sub-total of cash inflows 47,494,610 35,131,023 7,979,026 7,288,208 Cash paid for goods and services received 31,251,083 20,194,558 5,180,640 4,802,185 Cash paid to and on behalf of employees 1,354,900 1,208,119 608,277 630,671 Payments of all types of taxes 3,193,541 4,073,043 409,523 1,161,335 Other cash paid relating to operating activities 1,020,280 760,070 398,739 310,631 Sub-total of cash outflows 36,819,804 26,235,790 6,597,179 6,904,822 Net cash flows generated from operating activities 10,674,806 8,895,233 1,381,847 383,386 2. Cash flows generated from investing activities Cash received on disposals of investments 1,268,553 198,875 1,845,530 4,549,871 Cash received on investment income 329,248 5,307 1,734,308 990,190 Net cash received from disposals of fixed assets, intangible assets and other long-term assets 133,107 562,070 -- -- Net cash received on disposals of subsidiaries and other operating units -- 122,793 -- 300,000 Other cash received relating to investing activities 3,089,078 391,218 5,726,639 10,872,346 Sub-total of cash inflows 4,819,986 1,280,263 9,306,477 16,712,407 Cash paid to acquire fixed assets, intangible assets and other long-term assets 13,757,418 19,469,099 548,181 4,065,970 Cash paid to acquire investments 2,740,174 2,204,936 10,961,366 9,781,060 Other cash paid relating to investing activities 175,172 235,611 282,129 226,118 Sub-total of cash outflows 16,672,764 21,909,646 11,791,676 14,073,148 Net cash flows generated used in investing activities -11,852,778 -20,629,383 -2,485,199 2,639,259 3. Cash flows generated from financing activities Cash received from investments 3,967,364 1,880,786 3,341,763 -- Including: Cash received from minority shareholders' equity investments in subsidiaries 633,257 1,880,786 -- -- Cash received from borrowings 58,989,239 75,933,811 6,300,000 22,716,000 Cash received from finance leases -- -- -- -- Other cash received relating to financing activities 37,630 113,841 403,626 35,982 Sub-total of cash inflows 62,994,233 77,928,438 10,045,389 22,751,982 Cash paid on repayments of borrowings 51,416,526 58,800,699 6,497,200 21,597,160 Cash paid for dividends, profit appropriation or interest expenses 7,075,619 6,124,064 1,333,461 2,251,274 Including: Dividends paid to minority shareholders of subsidiaries 287,206 194,290 -- -- Other cash paid relating to financing activities 1,040,612 347,767 159,843 37,358 Including: cash paid to minority shareholders by subsidiaries as a result of reduction in investments -- -- -- -- Sub-total of cash outflows 59,532,757 65,272,530 7,990,504 23,885,792 Net cash flows generated from/(used in) financing activities 3,461,476 12,655,908 2,054,885 -1,133,810 4. Effect of foreign exchange rate changes on cash and cash equivalents -2,894 1,422 -3,181 -677 5. Net increase in cash and cash equivalents 2,280,610 923,180 948,352 1,888,158 Add: cash and cash equivalents at the beginning of the reporting period 1,506,435 5,255,240 291,589 2,053,885 6. Cash and cash equivalents at the end of the reporting period 3,787,045 6,178,420 1,239,941 3,942,043
vendor