CHINA ALUMINUM INTERNATIONAL ENGINEERING CORPORATION LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
CHALIECO
中鋁國際工程股份有限公司
China Aluminum International Engineering Corporation Limited
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 2068)
ANNOUNCEMENT
THE QUARTERLY REPORT OF THE COMPANY
FOR THE FIRST QUARTER ENDED 31 MARCH 2021
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") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The operating results attached hereto are the unaudited quarterly report of China Aluminum International Engineering Corporation Limited (the "Company") as of 31 March 2021 prepared in accordance with the Accounting Standards for Business Enterprises of the PRC, as disclosed in Shanghai Stock Exchange (website: http://english.sse.com.cn/).
This announcement and the attached quarterly report were originally prepared in Chinese and published in both Chinese and English. In the case of any discrepancy, the Chinese text shall prevail over the English text.
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Content | ||
1. | IMPORTANT NOTE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 3 |
2. | BASIC INFORMATION OF THE COMPANY . . . . . . . . . . . . . . . . . . . . . . . . . . | 3 |
3. | MAJOR EVENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 10 |
4. | APPENDIX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 13 |
- 2 -
1. IMPORTANT NOTE
- The Board of Directors, Board of Supervisors, Directors, Supervisors and senior management of the Company guarantee that the contents of the quarterly report are truthful, accurate and complete, free from any false statement, misleading representation or major omission, and are legally liable therefor on a several and joint basis.
- All Directors of the Company attended the Board meeting to review the quarterly report.
- WU Jianqiang, the Company's principal, ZHANG Jian, the accounting principal, and ZHANG Xiuyin, the accounting function's principal (the person in charge of the accounting function) undertake that the financial report in this quarterly report is truthful, accurate and complete.
- The Company's first quarterly report is unaudited.
2. BASIC INFORMATION OF THE COMPANY
2.1 Key Financial Data | |||
Unit: Yuan Currency: RMB | |||
Increase/decrease | |||
as at the end of | |||
the reporting | |||
As at the end | As at the end | period as | |
compared with | |||
of the reporting | of the previous | the end of | |
period | year | the previous year | |
(%) | |||
Total assets | 53,530,933,836.78 | 54,514,024,346.55 | -1.80 |
Net assets attributable to shareholders of | |||
the listed company | 8,781,563,346.06 | 8,733,074,246.26 | 0.56 |
From the | |||
From the | beginning of | ||
the previous year | Increase/decrease | ||
beginning of | to the end of | as compared with | |
the year to the end | the reporting | the corresponding | |
of the reporting | period of the | period of | |
period | previous year | the previous year | |
(%) | |||
Net cash flow from operating activities | -745,263,445.23 | -1,597,419,267.77 | 53.35 |
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2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.1 Key Financial Data - Continued | ||||
Unit: Yuan Currency: RMB | ||||
From the | ||||
beginning of | Increase/ | |||
From the | previous year | decrease as | ||
beginning of | to the end of | compared with | ||
the year to | the reporting | the corresponding | ||
the end of the | period in | period of | ||
reporting period | previous year | previous year | ||
(%) | ||||
Operating revenue | 5,132,288,798.29 | 4,063,634,471.40 | 26.30 | |
Net profit attributable to shareholders of | ||||
the listed company | 47,358,959.65 | -71,337,391.86 | 166.39 | |
Net profit attributable to shareholders of the | ||||
listed company net of non-recurring gain or | ||||
loss | 33,798,636.12 | -101,585,427.57 | 133.27 | |
Increased by 1.98 | ||||
Weighted average return on net assets (%) | 0.76 | -1.22 | percentage points | |
Basic earnings per share (RMB/share) | 0.02 | -0.04 | 150.00 | |
Diluted earnings per share (RMB/share) | ||||
Items and amounts of non-recurring gain or loss | ||||
✓ Applicable □ Not applicable | ||||
Unit: Yuan Currency: RMB | ||||
Amount for | ||||
Item | the period | Description | ||
Gain or loss on disposal of non-current assets | 2,527,964.75 | |||
Tax return, reduction or exemption arising from ultra vires approval, | ||||
without official approval document, or on an occasional basis | ||||
Government subsidies recorded in current P&L (except government | ||||
subsidies closely related to business operations granted continuously in | ||||
a fixed amount or quota according to the unified national standards) | 10,604,718.82 | |||
Financing fee income from non-financial enterprises | ||||
recorded in P&L | 2,021,315.09 | |||
Gain arising from the acquisition of interests in a subsidiary, associate or | ||||
joint venture at an investment cost below the share in the fair value of | ||||
net identifiable assets of the investee at the time of acquisition |
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2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.1 Key Financial Data - Continued | ||
Items and amounts of non-recurring gain or loss - Continued | ||
✓ Applicable □ Not applicable | ||
Unit: Yuan Currency: RMB | ||
Amount for | ||
Item | the period | Description |
Gain or loss on non-monetary asset exchange
Gain or loss on assets under entrusted investment or management Asset impairment provisions arising from force majeure factors such as
natural disasters
Gains or losses on debt restructuring
Restructuring costs, such as employee settlement cost and integration cost Gain or loss in excess of fair value arising from transactions at
obviously unfair prices
Net gain or loss of a subsidiary arising from business combination under common control for the period from the beginning of the reporting period to the combination date
Gain or loss on contingencies not related to usual operations of the Company
Gain or loss on changes in fair value arising from holding held-for-trading financial assets, derivative financial assets, held-for-trading financial liabilities, derivative financial liabilities, and gain on investment from disposal of held-for-trading financial assets, derivative financial assets, held-for-trading financial liabilities, derivative financial liabilities and other debt investments, except for the effective portion of hedging related to usual operations of the Company
- 5 -
2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.1 Key Financial Data - Continued | ||||
Items and amounts of non-recurring gain or loss - Continued | ||||
✓ Applicable □ Not applicable | ||||
Unit: Yuan Currency: RMB | ||||
Amount for | ||||
Item | the period | Description | ||
Reversal of impairment provisions on receivables | ||||
and contract assets tested for impairment individually | ||||
Gain or loss on entrusted loans | ||||
Gain or loss on changes in the fair value of investment property subsequently | ||||
measured | ||||
at fair value | ||||
Impact of one-off adjustments to current P&L as required | ||||
by taxation and accounting laws and regulations | ||||
Trustee fees income from entrusted operations | ||||
Other non-operating revenue and expenses other than the above items | 2,771,098.3 | |||
Other items falling within the definition of non-recurring gain or loss | ||||
Impact of non-controlling interests (after tax) | -1,661,052.94 | |||
Impact of income tax | -2,703,720.49 | |||
Total | 13,560,323.53 | |||
- 6 -
2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.2 Table of total number of shareholders, shareholding by top 10 shareholders and top 10 holders of marketable shares (or unrestricted shareholders) as at the end of the reporting period
Unit: Share | ||||||
Total number of shareholders | 34,789 | |||||
Shareholding of top 10 shareholders | ||||||
Number of | Number of | Pledged or | ||||
Shareholder name | shares held | shares held | locked up | |||
at the end of | subject to | Status of | Nature of | |||
(full name) | the period | Ratio | selling restricted | shares | Number | shareholder |
(%) | ||||||
State-owned | ||||||
Aluminum Corporation of China | 2,176,758,534.00 | 73.56 | 2,176,758,534.00 | Nil | - | legal person |
Hong Kong Securities Clearing | ||||||
Company Nominees Limited | 399,476,000.00 | 13.50 | - | Unknown | / | Other |
Luoyang Engineering & Research | ||||||
Institute for Nonferrous Metals | State-owned | |||||
Processing | 86,925,466.00 | 2.94 | 86,925,466.00 | Nil | - | legal person |
Hong Kong Securities Clearing | ||||||
Company Limited | 16,881,508.00 | 0.57 | - | Nil | - | Other |
RUAN Meixia (阮美霞) | Domestic | |||||
4,000,000.00 | 0.14 | - | Nil | - | natural person | |
GU Jing (顧璟) | Domestic | |||||
2,563,300.00 | 0.09 | - | Nil | - | natural person | |
Agricultural Bank of China Limited | ||||||
- CSI 500 Exchange-traded and | ||||||
Open-ended Index Securities | ||||||
Investment Fund | 2,024,369.00 | 0.07 | - | Nil | - | Other |
HUANG Zhigang | Domestic | |||||
(黃志剛) | 1,865,000.00 | 0.06 | - | Nil | - | natural person |
Vanguard Investment Australia Ltd | ||||||
- Vanguard Emerging Markets | ||||||
Stock Index Fund (Exchange) | 1,830,300.00 | 0.06 | - | Nil | - | Other |
LIU Shao (劉紹) | Domestic | |||||
1,629,000.00 | 0.06 | - | Nil | - | natural person |
- 7 -
2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.2 Table of total number of shareholders, shareholding by top 10 shareholders and top 10 holders of marketable shares (or unrestricted shareholders) as at the end of the reporting period - Continued
Shareholding of top 10 shareholders not subject to selling restrictions | |||
Number of | Class and number of shares | ||
shares held in | |||
circulation not | |||
Shareholder name | subject to | ||
selling restrictions | Class | Number | |
Hong Kong Securities Clearing | |||
Company Nominees Limited | 399,476,000.00 | Overseas listed foreign shares | 399,476,000.00 |
Hong Kong Securities Clearing | |||
Company Limited | 16,881,508.00 | Renminbi ordinary shares | 16,881,508.00 |
RUAN Meixia (阮美霞) | 4,000,000.00 | Renminbi ordinary shares | 4,000,000.00 |
GU Jing (顧璟) | 2,563,300.00 | Renminbi ordinary shares | 2,563,300.00 |
Agricultural Bank of China Limited | |||
- CSI 500 Exchange-traded and | |||
Open-ended Index Securities | |||
Investment Fund | 2,024,369.00 | Renminbi ordinary shares | 2,024,369.00 |
HUANG Zhigang (黃志剛) | 1,865,000.00 | Renminbi ordinary shares | 1,865,000.00 |
Vanguard Investment Australia Ltd. - | |||
Vanguard Emerging Markets Stock | |||
Index Fund (Exchange) | 1,830,300.00 | Renminbi ordinary shares | 1,830,300.00 |
LIU Shao (劉紹) | 1,629,000.00 | Renminbi ordinary shares | 1,629,000.00 |
WANG Dawei (王大維) | 1,527,200.00 | Renminbi ordinary shares | 1,527,200.00 |
LIN Xing (林興) | 1,186,300.00 | Renminbi ordinary shares | 1,186,300.00 |
Explanation of related | Note 1: The number of shares held by Aluminum Corporation of | ||
relationship or acting in | China did not include A shares of the Company indirectly | ||
concert in respect of the | held through its subsidiary Luoyang Engineering & | ||
above shareholders | Research Institute for Nonferrous Metals Processing | ||
and H shares of the Company indirectly held through its |
subsidiary Yunnan Aluminum International Company Limited (雲鋁國際有限公司). Aluminum Corporation of China and its subsidiaries held a total of 2,283,179,000 shares of the Company, including 2,263,684,000 A shares and 19,495,000 H shares, accounting for 77.16% of the total share capital of the Company.
Note 2: The 19,495,000 H shares of the Company held by Aluminum Corporation of China's subsidiary Yunnan Aluminum International Company Limited (雲鋁國際 有限公司) were held by Hong Kong Securities Clearing Company Nominees Limited on its behalf.
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2. BASIC INFORMATION OF THE COMPANY - CONTINUED
2.2 Table of total number of shareholders, shareholding by top 10 shareholders and top 10 holders of marketable shares (or unrestricted shareholders) as at the end of the reporting period - Continued
Note 3: The 399,476,000 H shares of the Company held by Hong Kong Securities Clearing Company Nominees Limited included the 19,495,000 H shares held by Aluminum Corporation of China's subsidiary Yunnan Aluminum International Company Limited (雲鋁國際有限公司).
Note 4: Except for the above, the Company is not aware that the above shareholders have any related relationship or are acting in concert among each other.
Explanation of shareholders Not applicable. of preferred shares with
reinstated voting rights and the number of shares held
2.3 Table of total number of shareholders of preferred shares, shareholding of top 10 shareholders of preferred shares and top 10 unrestricted shareholders of preferred shares as at the end of the reporting period
- Applicable ✓ Not applicable
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3. MAJOR EVENTS
3.1 Details of and reasons for significant changes of key accounting statement items and financial indicators of the Company
- Applicable □ Not applicable
- Details of changes in key items of balance sheet
Unit: Yuan Currency: RMB | |||
Balance as at | |||
Item | the end of the | Percentage of | |
reporting period | Opening balance | change(%) | |
Receivables financing | 349,650,680.76 | 571,448,716.65 | -38.81 |
Other current assets | 1,394,161,237.67 | 2,517,483,960.57 | -44.62 |
During the reporting period, the significant changes of the balance sheet are explained as follows:
- Receivables financing decreased by 38.81% from the beginning of the year mainly due to the transfer of endorsed notes receivable for the project payment.
- Other current assets decreased by 44.62% from the beginning of the year mainly due to the returning of ultra short-term financing bill of RMB1 billion by the Company during the reporting period.
- Details of significant changes in items of income statement
Unit:Yuan Currency: RMB | |||
Corresponding | |||
Item | Reporting period | period of | Year-on-year |
previous year | change (%) | ||
Asset impairment loss ("-" for loss) | 46,283,538.34 | N/A | |
Net profit attributable to shareholders | |||
of the parent | 47,358,959.65 | -71,337,391.86 | 166.39 |
During the reporting period, the significant changes of the income statement are explained as follows:
- Net profit attributable to shareholders of the parent increased by 166.39% as compared with that of the corresponding period of last year, mainly due to the fact that the COVID-19 epidemic in China stabilized during the reporting period. As a result, the Company actively commenced engineering business, and in turn recorded higher operating income and gross profit margin as compared with those of the corresponding period.
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3. MAJOR EVENTS - CONTINUED
3.1 Details of and reasons for significant changes of key accounting statement items and financial indicators of the Company - Continued
- Details of major changes of cash flow statement
Unit: Yuan Currency: RMB | |||
Corresponding | |||
Item | Reporting period | period of | Year-on-year |
previous year | change | ||
(%) | |||
Net cash flow from operating activities | -745,263,445.23 | -1,597,419,267.77 | 53.35 |
Net cash flow from investing activities | -1,505,414,970.80 | -891,096,598.63 | -68.94 |
Net cash flow from financing activities | 673,047,505.11 | 991,987,576.50 | -32.15 |
- Net cash outflow from operating activities decreased by 53.35% from the corresponding period of last year mainly due to the strengthening of collection of project settlement payments by the Company during the reporting period and reasonable allocation of funds.
- Net cash outflow from investing activities increased by 48.27% from the corresponding period of last year mainly due to the increase in investment in construction of the Miyu project.
- Net cash inflow from financing activities decreased by 32.15% from the corresponding period of last year mainly due to the decrease in external capital investment in the Miyu project during the reporting period as compared with that of the corresponding period of last year.
- 11 -
3. MAJOR EVENTS - CONTINUED
- Analysis on the progress of major events and their related effects and solutions
□ Applicable ✓ Not applicable
- Undertakings due but not completely performed during the reporting period
□ Applicable ✓ Not applicable
- Warning of turning accumulated net profit into loss from the beginning of the year to the end of the next reporting period or incurring material changes as compared
to the corresponding period of last year and its reasons
- Applicable □ Not applicable
After careful evaluation by the management of the Company, it is expected that the net profit attributable to shareholders of the listed company from the beginning of the year to the end of the next reporting period will experience a turnaround from loss to profit as compared with that of the corresponding period of the previous year (statutory disclosure data), which is mainly due to the fact that the Company actively pushes forward project construction, resolutely implements refined project cost management, and speeds up project settlement collection as the COVID-19 epidemic within the country is currently stabilizing. As a result, operating income and gross profit margin are expected to increase from the corresponding period of last year.
Company name | China Aluminum International |
Engineering Corporation Limited | |
Legal representative | WU Jianqiang |
Date | 26 April 2021 |
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4. APPENDIX
4.1 Financial Statement
CONSOLIDATED BALANCE SHEET
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Current assets: | |||
Monetary fund | 5,391,286,768.83 | 7,281,251,123.33 | |
Provision of settlement fund | - | - | |
Funds lent | - | - | |
Held-for-trading financial assets | - | - | |
Derivative financial assets | - | - | |
Notes receivable | 13,222,612.14 | 8,005,940.92 | |
Accounts receivable | 15,003,420,000.76 | 16,311,690,918.31 | |
Financing of receivables | 349,650,680.76 | 571,448,716.65 | |
Prepayments | 305,500,959.65 | 253,891,239.95 | |
Insurance premium receivables | - | - | |
Cession premium receivables | - | - | |
Provision of cession receivables | - | - | |
Other receivables | 2,246,307,013.80 | 2,143,406,643.36 | |
Including: Interest receivable | 1,104,625.46 | 605,340.88 | |
Dividends receivable | - | - | |
Financial assets held under resale agreements | - | - | |
Inventories | 3,238,254,374.12 | 3,381,147,951.43 | |
Contract assets | 8,167,740,507.85 | 7,280,336,107.50 | |
Held-for-sale assets | - | - | |
Non-current assets due within one year | 737,041,514.93 | 727,292,975.94 | |
Other current assets | 740,208,738.22 | 612,751,354.17 | |
Total current assets | |||
36,192,633,171.06 | 38,571,222,971.56 | ||
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4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED BALANCE SHEET - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Non-current assets: | |||
Loans and advances | - | - | |
Debt investments | - | - | |
Other debt investments | - | - | |
Long-term receivables | 1,718,636,208.11 | 1,723,182,526.08 | |
Long-term equity investments | 842,035,919.90 | 841,309,919.27 | |
Other equity instrument investments | 38,563,578.70 | 41,563,578.70 | |
Other non-current financial assets | 18,900,000.00 | 18,900,000.00 | |
Investment properties | 488,999,431.63 | 502,746,006.61 | |
Fixed assets | 2,301,109,221.99 | 2,328,805,686.59 | |
Construction in progress | 329,742,993.94 | 324,078,307.65 | |
Bearer biological assets | - | - | |
Oil & gas assets | - | - | |
Rights-of-use assets | 10,503,695.35 | 12,500,713.75 | |
Intangible assets | 1,117,708,818.57 | 1,180,268,403.73 | |
Development costs | 2,234,924.21 | 2,013,685.27 | |
Goodwill | - | - | |
Long-term prepaid expenses | 57,565,299.86 | 49,581,803.38 | |
Deferred tax assets | 891,779,094.01 | 907,077,367.85 | |
Other non-current assets | 9,520,521,479.45 | 8,010,773,376.11 | |
Total non-current assets | |||
17,338,300,665.72 | 15,942,801,374.99 | ||
Total assets | |||
53,530,933,836.78 | 54,514,024,346.55 | ||
- 14 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED BALANCE SHEET - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Current liabilities: | |||
Short-term borrowings | 5,919,041,156.71 | 6,077,945,577.91 | |
Borrowings from central banks | - | - | |
Unloading funds | - | - | |
Held-for-trading financial liabilities | - | - | |
Derivative financial liabilities | 15,040,000.00 | 19,100,700.00 | |
Notes payable | 1,711,403,236.55 | 1,746,596,180.34 | |
Accounts payable | 12,048,219,177.31 | 13,764,437,425.31 | |
Advance receipts | - | - | |
Contract liabilities | 2,660,469,500.09 | 2,661,209,779.65 | |
Financial assets sold for repurchase | - | - | |
Absorption of deposits and interbank deposit | - | - | |
Proceeds from trading securities by agent | - | - | |
Proceeds from underwriting securities by agent | - | - | |
Employee benefits payable | 166,580,661.72 | 193,443,242.45 | |
Taxes payable | 223,431,312.27 | 242,721,799.68 | |
Other payables | 2,267,007,176.31 | 2,229,483,821.61 | |
Including: Interest payable | - | - | |
Dividends payable | - | - | |
Handling fees and commissions payable | - | - | |
Cession premium payable | - | - | |
Held-for-sale liabilities | - | - | |
Non-current liabilities due within one year | 517,587,717.68 | 477,050,790.01 | |
Other current liabilities | 1,394,161,237.67 | 2,517,483,960.57 | |
Total current liabilities | |||
26,922,941,176.31 | 29,929,473,277.53 | ||
- 15 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED BALANCE SHEET - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Non-current liabilities: | |||
Reserve fund for insurance contracts | - | - | |
Long-term borrowings | 9,572,598,835.45 | 8,228,705,995.96 | |
Debentures payable | - | - | |
Including: Preferred shares | - | - | |
Perpetual bonds | - | - | |
Lease liabilities | 5,116,695.31 | 4,525,650.30 | |
Long-term payables | 2,580,000.49 | 2,602,600.17 | |
Long-term employee benefits payable | 551,824,206.20 | 551,884,000.00 | |
Estimated liabilities | - | - | |
Deferred income | 84,712,968.35 | 85,234,504.39 | |
Deferred tax liabilities | 74,685,634.94 | 74,685,634.94 | |
Other non-current liabilities | - | - | |
Total non-current liabilities | |||
10,291,518,340.74 | 8,947,638,385.76 | ||
Total liabilities | |||
37,214,459,517.05 | 38,877,111,663.29 | ||
- 16 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED BALANCE SHEET - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||||
Item | 31 March 2021 31 December 2020 | |||||
Owners' equity (or shareholders' equity): | ||||||
Paid-in capital (or share capital) | 2,959,066,667.00 | 2,959,066,667.00 | ||||
Other equity instruments | 2,498,584,905.65 | 2,498,584,905.65 | ||||
Including: Preferred shares | - | - | ||||
Perpetual bonds | 2,498,584,905.65 | 2,498,584,905.65 | ||||
Capital reserve | 875,499,924.64 | 875,499,924.64 | ||||
Less: treasury stock | - | - | ||||
Other comprehensive income | 152,931,817.91 | 150,437,505.60 | ||||
Special reserve | 147,328,847.45 | 147,328,847.45 | ||||
Surplus reserve | 222,751,992.52 | 222,751,992.52 | ||||
General risk reserve | - | - | ||||
Undistributed profits | 1,925,399,190.89 | 1,879,404,403.40 | ||||
Total equity attributable to the parent's owner | ||||||
(or shareholders' equity) | 8,781,563,346.06 | 8,733,074,246.26 | ||||
Minority interests | 7,534,910,973.67 | 6,903,838,437.00 | ||||
Total owners' equity (or shareholders' equity) | 16,316,474,319.73 | 15,636,912,683.26 | ||||
Total liabilities and owners' equity | ||||||
(or shareholders' equity) | 53,530,933,836.78 | 54,514,024,346.55 | ||||
Company representative: | Accounting principal: | Accounting function's principal: | ||||
WU Jianqiang | ZHANG Jian | ZHANG Xiuyin |
- 17 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
BALANCE SHEET OF THE PARENT
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||
Item | 31 March 2021 31 December 2020 | |||
Current assets: | ||||
Monetary fund | 1,496,043,083.21 | 1,493,608,825.32 | ||
Held-for-trading financial assets | - | - | ||
Derivative financial assets | - | - | ||
Notes receivable | - | - | ||
Accounts receivable | 1,740,603,978.60 | 1,774,878,637.52 | ||
Financing of receivables | 43,637,214.72 | 82,126,693.67 | ||
Prepayments | 93,184,250.84 | 96,272,358.19 | ||
Other receivables | 5,171,438,795.08 | 5,510,991,880.92 | ||
Including: Interest receivable | 326,802,144.40 | 321,458,394.38 | ||
Dividends receivable | 479,788,298.10 | 479,788,298.10 | ||
Inventories | 13,305,247.73 | 13,160,104.02 | ||
Contract assets | 617,044,954.50 | 535,374,580.60 | ||
Held-for-sale assets | - | - | ||
Non-current assets due within one year | 1,685,717,864.06 | 1,313,634,179.17 | ||
Other current assets | 93,347,684.40 | 83,637,100.16 | ||
Total current assets | ||||
10,954,323,073.14 | 10,903,684,359.57 | |||
- 18 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
BALANCE SHEET OF THE PARENT - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Non-current assets: | |||
Debt investments | - | - | |
Other debt investments | - | - | |
Long-term receivables | 873,997,460.95 | 1,030,097,460.95 | |
Long-term equity investments | 7,086,914,978.81 | 7,044,264,978.81 | |
Other equity instrument investments | 18,180,000.00 | 18,180,000.00 | |
Other non-current financial assets | 18,900,000.00 | 18,900,000.00 | |
Investment properties | |||
Fixed assets | 74,631,366.39 | 75,900,227.40 | |
Construction in progress | - | - | |
Bearer biological assets | - | - | |
Oil & gas assets | - | - | |
Rights-of-use assets | - | - | |
Intangible assets | 139,465,940.95 | 140,885,846.97 | |
Development costs | - | - | |
Goodwill | - | - | |
Long-term prepaid expenses | - | - | |
Deferred tax assets | 119,090,892.36 | 119,098,058.06 | |
Other non-current assets | - | - | |
Total non-current assets | |||
8,331,180,639.46 | 8,447,326,572.19 | ||
Total assets | |||
19,285,503,712.60 | 19,351,010,931.76 | ||
- 19 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
BALANCE SHEET OF THE PARENT - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Current liabilities: | |||
Short-term borrowings | 2,714,015,750.30 | 2,230,661,333.32 | |
Held-for-trading financial liabilities | - | - | |
Derivative financial liabilities | 15,040,000.00 | 15,040,000.00 | |
Notes payable | 370,762,447.53 | 337,754,949.24 | |
Accounts payable | 1,841,236,115.96 | 1,954,854,806.14 | |
Advance receipts | - | - | |
Contract liabilities | 1,103,698,917.80 | 1,107,330,375.75 | |
Employee benefits payable | 2,399,324.94 | 4,441,168.27 | |
Taxes payable | 6,071,494.78 | 5,785,053.19 | |
Other payables | 943,008,497.06 | 1,203,044,121.08 | |
Including: Interest payable | - | - | |
Dividends payable | - | - | |
Held-for-sale liabilities | - | - | |
Non-current liabilities due within one year | - | 205,481,338.86 | |
Other current liabilities | 47,056,052.46 | 1,038,526,180.47 | |
Total current liabilities | |||
7,043,288,600.83 | 8,102,919,326.32 | ||
- 20 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
BALANCE SHEET OF THE PARENT - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
Item | 31 March 2021 31 December 2020 | ||
Non-current liabilities: | |||
Long-term borrowings | 5,340,517,855.56 | 4,294,600,000.00 | |
Debentures payable | - | - | |
Including: Preferred shares | - | - | |
Perpetual bonds | - | - | |
Lease liabilities | - | - | |
Long-term payables | - | - | |
Long-term employee benefits payable | 3,624,000.00 | 3,624,000.00 | |
Estimated liabilities | - | - | |
Deferred income | - | - | |
Deferred tax liabilities | - | - | |
Other non-current liabilities | - | - | |
Total non-current liabilities | |||
5,344,141,855.56 | 4,298,224,000.00 | ||
Total liabilities | |||
12,387,430,456.39 | 12,401,143,326.32 | ||
- 21 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
BALANCE SHEET OF THE PARENT - CONTINUED
31 March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||||
Item | 31 March 2021 31 December 2020 | |||||
Owners' equity (or shareholders' equity): | ||||||
Paid-in capital (or share capital) | 2,959,066,667.00 | 2,959,066,667.00 | ||||
Other equity instrument | 2,498,584,905.65 | 2,498,584,905.65 | ||||
Including: Preferred shares | - | - | ||||
Perpetual bonds | 2,498,584,905.65 | 2,498,584,905.65 | ||||
Capital reserve | 1,190,696,521.57 | 1,190,696,521.57 | ||||
Less: treasury stock | - | - | ||||
Other comprehensive income | 12,016,470.00 | 12,016,470.00 | ||||
Special reserve | 955,150.86 | 871,931.94 | ||||
Surplus reserve | 222,751,992.52 | 222,751,992.52 | ||||
Undistributed profits | 14,001,548.61 | 65,879,116.76 | ||||
Total owners' equity (or shareholders' equity) | 6,898,073,256.21 | 6,949,867,605.44 | ||||
Total liabilities and owners' equity | ||||||
(or shareholders' equity) | 19,285,503,712.60 | 19,351,010,931.76 | ||||
Company representative: | Accounting principal: | Accounting function's principal: | ||||
WU Jianqiang | ZHANG Jian | ZHANG Xiuyin |
- 22 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED INCOME STATEMENT
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||
First quarter | First quarter | |||
Item | of 2021 | of 2020 | ||
I. | Total operating revenue | 5,132,288,798.29 | 4,063,634,471.40 | |
of which: Operating revenue | 5,132,288,798.29 | 4,063,634,471.40 | ||
Interest income | - | - | ||
Earned premium | - | - | ||
Handling fees and commission | ||||
income | - | - | ||
II. | Total operating cost | |||
5,130,717,813.49 | 4,184,551,822.17 | |||
of which: Operating cost | 4,610,369,025.70 | 3,760,053,829.04 | ||
Interest expense | - | - | ||
Handling fees and commission | ||||
expense | - | - | ||
Surrender value | - | - | ||
Compensation expenses, net | - | - | ||
Drawing reserves for insurance | ||||
contracts, net | - | - | ||
Policy bonus dividend expense | - | - | ||
Cession cost | - | - | ||
Taxes and surcharges | 31,520,622.41 | 19,439,430.97 | ||
Sales expense | 17,192,191.78 | 20,043,560.89 | ||
Administrative expense | 246,483,513.45 | 216,170,732.70 | ||
R&D expense | 111,295,585.70 | 49,551,513.34 | ||
Finance expense | 113,856,874.45 | 119,292,755.23 | ||
Including: Interest expense | 128,403,368.82 | 159,103,972.48 | ||
Interest income | 40,110,778.09 | 52,548,685.43 |
- 23 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED INCOME STATEMENT - CONTINUED
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
Add: Other gains | 12,626,365.19 | 7,098,154.90 | |
Gain on investment ("-" for loss) | 959,789.37 | -16,153,908.62 | |
Including: Share of investment gain of | |||
associates and joint | |||
ventures | 800,058.29 | 212,268.94 | |
Gain on de-recognition of | |||
financial assets measured at | |||
amortization cost | - | - | |
Exchange gains ("-" for loss) | - | - | |
Gain on exposure netting ("-" for loss) | - | - | |
Gain on fair value change ("-" for loss) | - | - | |
Credit impairment loss ("-" for loss) | 61,689,476.52 | 78,570,981.24 | |
Asset impairment loss ("-" for loss) | 46,283,538.34 | 81,566.77 | |
Gains on disposal of assets ("-" for loss) | 1,989,178.88 | 1,239,636.92 | |
III. Operating profit ("-" for loss) | |||
125,119,333.10 | -50,080,919.56 | ||
Add: non-operating income | 5,698,288.26 | 26,657,328.92 | |
Less: non-operating expense | 11,823,898.75 | -2,425,689.22 | |
IV. Total profit ("-" for total loss) | |||
118,993,722.61 | -20,997,901.42 | ||
Less: income tax expense | 42,856,859.02 | 22,137,225.45 | |
- 24 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED INCOME STATEMENT - CONTINUED
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||
First quarter | First quarter | |||
Item | of 2021 | of 2020 | ||
V. Net profit ("-" for net loss) | 76,136,863.59 | -43,135,126.87 |
- Classification according to the continuity of operation
1. Net profit from continuing operations
("-" for net loss) | 76,136,863.59 | -43,135,126.87 |
2. Net profit from discontinued | ||
operations ("-" for net loss) | - | - |
- Classification by ownership
1. Net profit attributable to shareholders
of the parent ("-" for net loss) | 47,358,959.65 | -71,337,391.86 | ||
2. Minority shareholders gain and loss | ||||
("-" for net loss) | 28,777,903.94 | 28,202,264.99 | ||
VI. Other comprehensive income, net of tax | ||||
2,494,312.31 | 43,861,238.83 | |||
(I) Other comprehensive income attributable | ||||
to owners of the parent, net of tax | 2,494,312.31 | 43,861,238.83 | ||
1. Items that may not be reclassified | ||||
into profit or loss | - | |||
(1) | Change on remeasurement of | |||
defined benefit plan | - | - | ||
(2) | Other comprehensive income | |||
under equity method that may | ||||
not be transferred to profit or | ||||
loss | - | - | ||
(3) | Change in fair value of other | |||
equity instrument investments | - | |||
(4) | Fair value change arising from | |||
credit risk of the Company | - | - |
- 25 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED INCOME STATEMENT - CONTINUED
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||
First quarter | First quarter | |
Item | of 2021 | of 2020 |
2. Items that will be reclassified
subsequently to profit or loss | 2,494,312.31 | 43,861,238.83 | |||
(1) | Other comprehensive income | ||||
under equity method that may | |||||
be transferred to profit or loss | - | - | |||
(2) | Change in fair value of other | ||||
debt investments | - | - | |||
(3) | Amount recorded in other | ||||
comprehensive income upon | |||||
financial assets reclassification | - | - | |||
(4) | Credit impairment provision | ||||
for other debt investment | - | - | |||
(5) | Cash flow hedge reserve | - | - | ||
(6) | Foreign currency translation | ||||
difference in financial statements | 2,494,312.31 | 43,861,238.83 | |||
(7) | Other | - | - | ||
(II) Other comprehensive income attributable | |||||
to minority shareholders, net of tax | - | - | |||
VII.Total comprehensive income | |||||
78,631,175.90 | 726,111.96 | ||||
(1) | Total comprehensive income attributable | ||||
to owners of the parent | 49,853,271.96 | -27,476,153.03 | |||
(2) | Total comprehensive income attributable | ||||
to minority shareholders | 28,777,903.94 | 28,202,264.99 | |||
VIII.Earnings per share: | |||||
(1) Basic earnings per share (Yuan/share) | - | -0.04 | |||
(2) Diluted earnings per share (Yuan/share) | - | - | |||
For business combination involving enterprises under common control during this period, the net profit realized by the acquire before the business combination is RMB0 as compared to RMB0 for the last period.
Company representative: | Accounting principal: | Accounting function's principal: |
WU Jianqiang | ZHANG Jian | ZHANG Xiuyin |
- 26 - |
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
INCOME STATEMENT OF THE PARENT
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
I. Operating revenue | 136,568,271.16 | 111,390,102.35 | |
Less: Operating cost | 128,693,755.33 | 109,154,697.29 | |
Taxes and surcharges | 216,034.72 | 82,108.54 | |
Sales expense | 5,474,631.41 | 6,731,381.37 | |
Administrative expense | 34,086,853.83 | 29,377,548.28 | |
R&D expense | 2,419,451.33 | 48,007.50 | |
Finance expense | 20,636,241.10 | 21,183,443.68 | |
Including: Interest expense | 69,789,216.08 | 88,315,775.75 | |
Interest income | 64,950,929.20 | 72,659,837.04 | |
Add: Other gains | 56,386.85 | 21,849.46 | |
Gain on investment ("-" for loss) | 2,819,069.83 | 127,801,822.44 | |
Including: Share of investment gain of | |||
associates and joint | |||
ventures | - | - | |
Gain on de-recognition of | |||
financial assets measured at | |||
amortisation cost | - | - | |
Gain on exposure netting ("-" for loss) | - | - | |
Gain on fair value change ("-" for loss) | - | - | |
Credit impairment loss ("-" for loss) | 47,771.30 | -1,810,497.84 | |
Asset impairment loss ("-" for loss) | - | ||
Gains on disposal of assets ("-" for loss) | - | - | |
- 27 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
INCOME STATEMENT OF THE PARENT - CONTINUED
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | |||||
First quarter | First quarter | ||||
Item | of 2021 | of 2020 | |||
II. | Operating profit ("-" for loss) | -52,035,468.58 | 70,826,089.75 | ||
Add: non-operating income | 12,801.40 | 328,103.11 | |||
Less: non-operating expense | - | - | |||
III. Total profit ("-" for total loss) | |||||
-52,022,667.18 | 71,154,192.86 | ||||
Less: income tax expense | -145,099.03 | 1,203,644.14 | |||
IV. Net profit ("-" for net loss) | |||||
-51,877,568.15 | 69,950,548.72 | ||||
(I) | Net profit from continuing operations | ||||
("-" for net loss) | -51,877,568.15 | 69,950,548.72 | |||
(II) | Net profit from discontinued operations | ||||
("-" for net loss) | - | - | |||
V. | Other comprehensive income, net of tax | ||||
- | 13,207,638.91 | ||||
(I) | Other comprehensive income that may | ||||
not be reclassified to profit or loss | - | - | |||
1. Change on remeasurement of | |||||
defined benefit plan | - | - |
2. Other comprehensive income under equity method that may not be
transferred to profit or loss | - | - | |
3. | Change in fair value of other equity | ||
instrument investment | - | - | |
4. | Fair value change arising from | ||
credit risk of the Company | - | - |
- 28 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
INCOME STATEMENT OF THE PARENT - CONTINUED
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
(II) Other comprehensive income that will be | |||
reclassified subsequently to profit or loss | - | 13,207,638.91 | |
1. | Other comprehensive income | ||
under equity method that may be | |||
transferred to profit or loss | - | - | |
2. | Change in fair value of other debt | ||
investments | - | - |
3. Amount recorded in other comprehensive income upon
financial assets reclassification | - | 13,207,638.91 | |
4. | Credit impairment provision for | ||
other debt investment | - | - | |
5. | Cash flow hedge reserve | - | - |
6. Foreign currency translation
difference in financial statements | - | - | ||||
7. Other | - | - | ||||
VI. Total comprehensive income | ||||||
-51,877,568.15 | 83,158,187.63 | |||||
VII.Earnings per share: | ||||||
(1) | Basic earnings per share (Yuan/share) | - | - | |||
(2) | Diluted earnings per share (Yuan/share) | - | - | |||
Company representative: | Accounting principal: | Accounting function's principal: | ||||
WU Jianqiang | ZHANG Jian | ZHANG Xiuyin |
- 29 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED STATEMENT OF CASH FLOWS
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
I. Cash flows from operating activities: | |||
Cash received from sales of goods or | |||
rendering of services | 5,156,095,595.44 | 5,707,113,988.73 | |
Net increase in customer deposits and | |||
interbank deposits | - | - | |
Net increase in borrowings from central banks | - | - | |
Net increase in placements with other | |||
financial institutions | - | - | |
Cash received from the premiums of the | |||
original insurance contract | - | - | |
Net cash received from reinsurance | - | - | |
Net increase in household savings and | |||
investment funds | - | - | |
Cash received from interests, handling fees | |||
and commissions | - | - | |
Net increase in unloading funds | - | - | |
Net increase in income from repurchase | |||
transactions | - | - | |
Net cash received from the agent of trading | |||
securities | - | - | |
Tax rebate received | 7,676,286.32 | 13,184,060.69 | |
Cash received relating to other operating | |||
activities | 356,961,771.00 | 414,075,983.69 | |
Sub-total of cash inflows from operating | |||
activities | 5,520,733,652.76 | 6,134,374,033.11 | |
- 30 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED STATEMENT OF CASH FLOWS - CONTINUED For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
Cash paid for goods and services | 4,918,232,291.86 | 6,458,576,663.82 | |
Net increase in loans and advances to | |||
customers | - | - | |
Net increase in deposit with central banks and | |||
interbank | - | - | |
Cash paid for a claim under an original | |||
insurance contract | - | - | |
Net increase in funds lent | - | - | |
Cash paid for interests, handling fees and | |||
commissions | - | - | |
Cash paid for policy bonus dividend | - | - | |
Cash paid to and for employees | 601,087,920.54 | 496,728,000.89 | |
Taxes paid | 266,538,922.67 | 165,221,259.27 | |
Other cash paid relating to operating | |||
activities | 480,137,962.92 | 611,267,376.90 | |
Subtotal of cash outflows from operating | |||
activities | 6,265,997,097.99 | 7,731,793,300.88 | |
Net cash flows from operating activities | -745,263,445.23 | -1,597,419,267.77 | |
II. Cash flows from investing activities: | |||
Cash received from refund of investments | - | 3,341,837,394.67 | |
Cash received from gain on investment | 43,778,132.31 | 48,301,216.40 | |
Net cash received from disposal of fixed assets, | |||
intangible assets and other long-term assets | 71,925.96 | 1,108,400.00 | |
Net cash received from disposal of subsidiaries | |||
and other business units | - | - | |
Other cash received relating to investing | |||
activities | 1,900,527.43 | - | |
Subtotal of cash inflows from investing | |||
activities | 45,750,585.70 | 3,391,247,011.07 | |
- 31 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED STATEMENT OF CASH FLOWS - CONTINUED For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
Cash paid for purchase and construction | |||
of fixed assets, intangible assets and | |||
other long-term assets | 1,280,463,610.31 | 1,061,078,412.10 | |
Cash paid for investment | 90,000,000.00 | 3,096,907,796.88 | |
Net increase in pledged loans | - | - | |
Net cash paid for acquisition of subsidiaries | |||
and other business units | - | - | |
Other cash paid relating to investing activities | 180,701,946.19 | 124,357,400.72 | |
Subtotal of cash outflows from investing | |||
activities | 1,551,165,556.50 | 4,282,343,609.7 | |
Net cash flows from investing activities | -1,505,414,970.80 | -891,096,598.63 | |
III. Cash flows from financing activities: | |||
Cash received from absorption of investment | 600,000,000.00 | 2,300,000,000.00 | |
Including : Cash received by subsidiaries from | |||
absorption of investment of minority | |||
interests | 600,000,000 | 2,300,000,000 | |
Cash received from borrowings | 6,738,000,000.00 | 6,340,949,336.85 | |
Other cash received relating to financing | |||
activities | - | ||
Subtotal of cash inflows from financing | |||
activities | 7,338,000,000.00 | 8,640,949,336.85 | |
- 32 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
CONSOLIDATED STATEMENT OF CASH FLOWS - CONTINUED For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||||
First quarter | First quarter | |||||
Item | of 2021 | of 2020 | ||||
Cash paid for debt repayment | 6,508,807,144.58 | 7,402,219,619.75 | ||||
Cash paid for distribution of dividends or | ||||||
profit or payment of interests | 156,145,350.31 | 246,742,140.60 | ||||
Including: Dividends or profits paid by | ||||||
subsidiaries to minority shareholders | - | - | ||||
Other cash paid relating to financing | ||||||
activities | ||||||
Subtotal of cash outflows from financing | ||||||
activities | 6,664,952,494.89 | 7,648,961,760.35 | ||||
Net cash flows from financing activities | 673,047,505.11 | 991,987,576.50 | ||||
IV. Impact of exchange rate changes on cash | ||||||
and cash equivalents | 3,483,950.28 | 14,530,906.68 | ||||
V. Net increase in cash and cash equivalents | -1,574,146,960.64 | -1,481,997,383.22 | ||||
Add: Balance of cash and cash equivalents | ||||||
at the beginning of the period | 6,549,994,944.43 | 9,120,495,450.16 | ||||
VI. Balance of cash and cash equivalents | ||||||
at the end of the period | 4,975,847,983.79 | 7,638,498,066.94 | ||||
Company representative: | Accounting principal: | Accounting function's principal: | ||||
WU Jianqiang | ZHANG Jian | ZHANG Xiuyin |
- 33 -
4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
STATEMENT OF CASH FLOWS OF THE PARENT
For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited | ||||
First quarter | First quarter | |||
Item | of 2021 | of 2020 | ||
I. | Cash flows from operating activities: | |||
Cash received from sales of goods or | ||||
rendering of services | 64,778,126.43 | 460,695,674.99 | ||
Tax rebate received | 251,482.01 | - | ||
Cash received relating to other operating | ||||
activities | 135,481,411.66 | 187,613,072.73 | ||
Subtotal of cash inflows from operating | ||||
activities | 200,511,020.10 | 648,308,747.72 | ||
Cash paid for goods or services | 209,797,431.62 | 753,673,470.29 | ||
Cash paid to and for employees | 61,292,858.20 | 63,257,970.80 | ||
Taxes paid | 2,516,728.32 | 418,832.70 | ||
Other cash paid relating to operating | ||||
activities | 121,510,452.61 | 146,848,239.73 | ||
Subtotal of cash outflows from operating | ||||
activities | 395,117,470.75 | 964,198,513.52 | ||
Net cash flows from operating activities | -194,606,450.65 | -315,889,765.80 | ||
II. | Cash flows from investing activities: | |||
Cash received from refund of investments | 1,046,000,000.00 | 2,952,921,300.00 | ||
Cash received from gain on investment | 80,143,885.42 | 49,583,164.83 | ||
Net cash received from disposal of fixed assets, | ||||
intangible assets and other long-term assets | - | - | ||
Net cash received from disposal of subsidiaries | ||||
and other business units | - | - | ||
Other cash received relating to investing | ||||
activities | 665,000.00 | - | ||
Subtotal of cash inflows from investing | ||||
activities | 1,126,808,885.42 | 3,002,504,464.83 | ||
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4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
STATEMENT OF CASH FLOWS OF THE PARENT - CONTINUED For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
Cash paid for purchase and construction of | |||
fixed assets, intangible assets and other | |||
long-term assets | 292,390.46 | ||
Cash received from refund of investments | 963,900,000.00 | 4,609,083,433.33 | |
Net cash paid for acquisition of subsidiaries | |||
and other business units | 42,650,000.00 | 30,670,000.00 | |
Other cash paid relating to investing | |||
activities | 180,397,501.73 | - | |
Subtotal of cash outflows from investing | |||
activities | 1,187,239,892.19 | 4,639,753,433.33 | |
Net cash flows from investing activities | -60,431,006.77 | -1,637,248,968.50 | |
III. Cash flows from financing activities: | |||
Cash received from absorption of investment | - | - | |
Cash received from borrowings | 5,249,000,000.00 | 3,830,300,000.00 | |
Other cash received relating to financing | |||
activities | - | ||
Subtotal of cash inflows from financing | |||
activities | 5,249,000,000.00 | 3,830,300,000.00 | |
Cash paid for debt repayment | 4,919,037,700.00 | 2,330,166,666.67 | |
Cash paid for distribution of dividends or | |||
profit or payment of interests | 73,002,331.19 | 108,319,733.11 | |
Other cash paid relating to financing | |||
activities | 3,090,398.33 | ||
Subtotal of cash outflows from financing | |||
activities | 4,995,130,429.52 | 2,438,486,399.78 | |
Net cash flows from financing activities | 253,869,570.48 | 1,391,813,600.22 | |
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4. APPENDIX - CONTINUED
4.1 Financial Statement - Continued
STATEMENT OF CASH FLOWS OF THE PARENT - CONTINUED For January to March 2021
Prepared by: China Aluminum International Engineering Corporation Limited
Unit: Yuan Currency: RMB Audit status: Unaudited
First quarter | First quarter | ||
Item | of 2021 | of 2020 | |
IV. Impact of exchange rate changes on cash | |||
and cash equivalents | 3,602,144.83 | 15,016,028.95 | |
V. Net increase in cash and cash equivalents | |||
2,434,257.89 | -546,309,105.13 | ||
Add: Balance of cash and cash equivalents | |||
at the beginning of the period | 1,493,571,879.69 | 2,319,883,981.64 | |
VI. Balance of cash and cash equivalents at the end of the period
Company representative:
WU Jianqiang
4. APPENDIX - CONTINUED
4.2 Related conditions on the adjustments of first time application of financial statement for the beginning of then year by first time application of new lease
standards since 2021
- Applicable ✓ Not applicable
4.3 Explanation on retrospective adjustments of previous comparative figures by first time application of new lease standards since 2021
- Applicable ✓ Not applicable
4.4 Audit report
- Applicable ✓ Not applicable
By Order of the Board
China Aluminum International Engineering Corporation Limited
ZHANG Jian
Joint Company Secretary
Beijing, the PRC, 26 April 2021
As at the date of this announcement, the non-executive director is Mr. LI Yihua; the executive directors are Mr. WU Jianqiang, Mr. LIU Jing and Mr. ZHANG Jian; and the independent non-executive directors are Mr. GUI Weihua, Mr. CHEUNG Hung Kwong and Mr. FU Jun.
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China Aluminum International Engineering Corp. Ltd. published this content on 26 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2021 10:28:01 UTC.
