粤电力Ｂ：2011年年度报告摘要（英文版） .ppt

,广东电力发展股份有限公司 2011 年年度报告摘要,Stock Code:000539,Stock Abbreviation:Yue Dian Li A,Announcement No.:2012-12,Guangdong Electric Power Development Co.,Ltd.Summary of the Annual Report 20111 Important Notices1.1 The Board of directors and directors of the Company hereby guarantees that there are no falserecords,misleading representation or important omissions in this report and shall assume joint andseveral liability for the authenticity,accuracy and completeness of the contents hereof.This summary of annual report is extracted from the full text of the annual report.The full text ofthe report was published on simultaneously.Investors should read the full textof the semi-annual report carefully to know the details.1.2 Directors including Li Zhuoxian,Zhong Weimin,Zhang Xueqiu did not attend the meeting inperson due to business.Director Li Zhuoxian and Director Zhong Weimin all respectivelyauthorized Director Hong Rongkun，Director Zhang Xueqiu respectively authorized IndependentDirector Liu Tao to attend the meeting and exercise voting right on their behalf.1.3PricewaterhouseCoopers Zhongtian Certified Public Accountants Co.,Ltd.Has auditors theCompanys financial report and produced a standard unqualified audit report for the Company.1.4 Chairman of the Board of Directors,Pan Li,General Manager,Financial Deputy GeneralManager,Li Xiaoqing and Financial Manager,Qin Jingdong represent and warrant the financial andaccounting report in the annual report is true and complete.2 Basic information about the Company,2.1,Basic information,Stock abbreviationStock CodeStock exchange for listing,Yue Dian Li A,Yue Dian Li B000539、200539Shenzhen Stock Exchange,1,Tel,Fax,广东电力发展股份有限公司 2011 年年度报告摘要2.2 Contact person and contact method,Secretary of the Board,Securities affairs Representative,NameContact addressE-mail,Liu WeiNo.4,26/F,South Tower,Yudean Plaza,No.2Tianhe Road East,Guangzhou（020）87570276（020）,Zhang ShaominNo.4,26/F,South Tower,Yudean Plaza,No.2Tianhe Road East,Guangzhou（020）87570251（020）,3.Summary of accounting Data and Financial Indexes3.1 Major accounting dataUnit：RMB,2011,2010,Changed over last year（）,2009,Total incomeoperatingOperating profitTotal profit,14,620,140,721.00394,403,441.00406,106,142.00,12,642,208,069.001,168,796,316.001,169,096,199.00,15.65%-66.26%-65.26%,12,234,717,490.001,671,533,492.001,661,334,787.00,Net profit attributable,to the shareholders of,356,321,879.00,765,806,461.00,-53.47%,1,165,352,428.00,the listed companyNet profit afterdeducting of,non-recurringgain/loss attributable,485,190,547.00,789,560,086.00,-38.55%,1,259,306,052.00,to the shareholders oflisted companyCash flow generated,by business operation,2,028,885,759.00,635,497,704.00,219.26%,5,692,012,223.00,net,End of 2011,End of 2010,Changed over last year（）,End of 2009,Gross assetsGross Liabilities,39,480,195,392.0026,228,692,492.00,35,046,543,051.0021,962,166,175.00,12.65%19.43%,30,163,552,152.0018,108,732,485.00,Shareholders equity,attributable toshareholders of the,10,206,623,366.00,10,165,754,201.00,0.40%,9,271,838,984.00,listed company,Capital stock,2,797,451,138.00,2,797,451,138.00,0.00%,2,659,404,000.00,3.2 Major Financial indexesUnit:RMB,2011,2010,Changed over last year（）,2009,Basic gains pershare(RMB/Share)Diluted gains pershare(RMB/Share)Basic earning per share afterdeducting of non-recurring,0.130.130.17,0.280.280.29,-53.57%-53.57%-41.38%,0.440.440.47,2,0.00,-,4.,4.1,广东电力发展股份有限公司 2011 年年度报告摘要gains/losses(RMB/Share),Weighted average net assetearning ratio（%）,2.72%,5.58%,-2.86%,12.24%,Net income on asset,weighted,and deducted non-recurring,3.70%,5.75%,-2.05%,13.22%,gain/loss(%)Net cash flow per share,generated by business,0.73,0.23,217.39%,2.14,operation(RMB/Share),End of 2011,End of 2010,Changed over last year（）,End of 2009,Net asset per share attributable,to shareholders of the listed,3.65,3.63,0.55%,3.49,company(RMB/Share),Assets Liabilities ratio（）,66.44%,62.67%,3.77%,60.04%,3.3 Non-recurring gain and loss items applicable not applicableUnit:RMB,Non-recurring gain and loss itemsThe loss for disposal of non-current assets,Amount(2011)-3,573,165.00,Notes（If applicable）Amount(2010)-6,883,957.00,Amount(2009)-8,376,144.00,Guangdong YuejiaElectric Power Co.,Ltd.,of which theCompany holds 58%,Non-recurring gain and loss items,-283,359,377.00 equity,made aprovision of RMB283359377 for assetsimpairment due tooperating loss.,-227,965,475.00,Enterprise reorganizing expenses,such asemployee placement fee and integration feeEntrusted loansGovernmental Subsidy accounted ascurrentgain/loss,except for those subsidiesat with,0.0031,421,117.00,-94,279,857.0025,585,586.00,0.0022,708,930.00,amount or quantity fixed by the,national,10,216,923.00,4,726,923.00,3,076,923.00,government and closely relatedCompanys business operation.,to the,Single impairment test for impairment ofreceivables transferred back to preparation,763,039.00,1,838,934.00,1,188,008.00,Net gain/loss of current term from consolidation,of subsidiaries under common control from,0.00,0.00,186,498.00,beginning of term to the consolidation date,Net amount of non-operating income andexpense except the aforesaid itemsAmount of influence of income taxAmount of influence of minority interestsTotal,120,447.00-2,043,693.00117,586,041.00-128,868,668.00,-4,638,138.0015,657,606.0034,239,278.00-23,753,625.00,-4,899,484.0042,241,266.0077,885,854.00-93,953,624.00,Number of shareholders and Particulars shareholders and Control diagram.Top 10 shareholders and top 10 holders of unconditional shares3,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,广东电力发展股份有限公司 2011 年年度报告摘要Unit：Shares,Total number of shareholders,By the end of the last month,on the end of the reportperiod of 2011,142,570,of the announcement date ofthe annual report period,139,236,Top 10 shareholders,Name of the shareholderGuangdong Yudean GroupCo.,Ltd.Shenzhen Guangfa ElectricPower Investment Co.,Ltd.Guangdong Electric PowerDevelopment Company,Properties ofshareholderState-ownedlegal personsharesState-ownedlegal personsharesState-ownedlegal personshares,Shareproportion%48.99%3.64%2.81%,Total shares1,370,472,480101,777,18578,639,451,Conditional shares138,216,322,Pledged or frozen,Domestic,non,Guangdong Guangkong GroupCo.,Ltd.,State-owned,0.84%,23,610,428,Legal person,Domestic,non,102 Portfolio of NationalSocial Security Fund,State-owned,0.71%,19,892,401,Legal person,China Construction Bank,Domestic,non,Penghua Value AdvantageStock-linkedSecurity Investment FundBoshi Increase securitiesInvestment Fund,State-ownedLegal personDomesticnonState-owned,0.55%0.43%,15,447,18412,000,000,Legal person,Domestic,non,National SecialInsurance Fund103 Combination,State-owned,0.43%,11,999,893,Legal person,Natio Securities Co.,Ltd.,Foreignperson,legal,0.39%,10,897,090,China Construction BankBoshi Theme industrysecurities investment fund,Domestic nonState-ownedLegal person,0.38%,10,499,707,Top 10 holders of unconditional shares,Name of the shareholderGuangdong Yudean Group Co.,Ltd.Shenzhen Guangfa Electric Power InvestmentCo.,Ltd.,Unconditional shares1,232,256,158101,777,185,Type of sharesRMB Common sharesRMB Common shares,Guangdong Electric Power DevelopmentCompanyGuangdong Guangkong Group Co.,Ltd.102 Portfolio of National Social Security FundChina Construction BankPenghua ValueAdvantage Stock-linked,78,639,451 RMB Common shares23,610,428 RMB Common shares19,892,401 RMB Common shares15,447,184 RMB Common shares,Security Investment Fund4,5.2,广东电力发展股份有限公司 2011 年年度报告摘要,Boshi Increase securities Investment FundNational SecialInsurance Fund 103 CombinationNatio Securities Co.,Ltd.China Construction BankBoshi Themeindustry securities investment fund,12,000,000 RMB Common shares11,999,893 RMB Common shares10,897,090 Foreign shares placed in domestic10,499,707 RMB Common shares,Notes to the relatedrelationship between the topten shareholders or theirconcerted action,Guangdong Electric Power Development Co.,Ltd.the Third of the top 10 shareholders,is a subsidiaryof Yudean Group,Which is the No.3 shareholder;its is unknown whether relationship exists betweenother shareholders.,4.2 The property rights and control relationship between the actual controller and the Company,State-owned Assets Regulatory Commission,under,the,Peoples,Government of Guangdong Province100%,Guangdong Hengjian InvestmentCo.,Ltd.76%,China Huaneng Group Company24%,Guangdong Yudean Group Co.,Ltd.,100%,100%,Chaokang,Investment,Co.,Guangdong Electric,Power,Ltd.,Development Co.,0.71,48.99%,2.81%,Guangdong,Electric,Power,Development,Co.,Ltd5.Report of the Board of Directors5.1 Discussion and analysis by the management teamTable of the status of key business in terms of industry of business and productUnit：RMB00005,period of last year,period of last year,6.4 The,广东电力发展股份有限公司 2011 年年度报告摘要The Status of key business in terms of industry of businessChange of key,On industry,Income from keybusiness,Cost of keybusiness,Increase/decreas Increase/decreas business profitKey businesse of key business e of key business over the sameprofit ratio（）turnover（）cost（）,（）,Electricity sale andProvision services,1,447,052.00,1,313,933.00,9.20%,14.65%,20.81%,-4.63%,The status of key business in terms of product businessChange of key,On production,Income from keybusiness,Cost of keybusiness,Increase/decreas Increase/decreas business profitKey businesse of key business e of key business over the sameprofit ratio（）turnover（）cost（）,（）,Electricity saleProvision services,1,440,678.006,374.00,1,308,784.005,149.00,9.15%19.22%,14.76%1.24%,20.97%-0.68%,-4.67%1.56%,5.3 Analysis,of the reasons for the material change of operating results and profit structure compared,with the previous year Applicable Not applicableDue to unfavorable factors including high price of coal transportation and increase of financial expenses,the cost of main operation ofthe Company increased 20.8%year on year and the profitability of main operation somewhat lowered.6Financial Report6.1 Detailed explanation on the changes in the accounting policies,accounting estimate or accounting methodscompared with the latest Annual Report.Applicable Not applicable6.2 Content of significant accounting errors,amounts changed,reasons and influences.Applicable Not applicable6.3 Compared with the latest annual report,there were some changes in the consolidation statement scope.Applicable Not applicablemanagements remarks on the“non-standard opinions”by the auditors.Applicable Not applicable6,