深基地Ｂ：第一季度报告全文（英文版） .ppt

,2.39%,SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO.,LTD.FULL TEXT OF FIRST QUARTERLY REPORT OF 2012PART Important Notice1.1 The directors,supervisors and senior management guarantee that there are no omissions,misstatement,or misleading information in this annual report.They are responsible,individually and jointly,for the authenticity,accuracy and integrity of the information herein.1.2 The first quarterly financial report has not been audited.1.3 Mr.Fan Zhaoping,Chairman of the Board,Mdm.Yu Zhongxia,Financial Controller and Mdm.Sun Yuhui,Financial Manager,guarantee the authenticity and integrity of the financial resultin this quarterly report.PART Profile of the Company2.1 Main accounting data and financial indicatorsUnit:RMB,Mar 31,2012,Dec 31,2011,Change(),Total assetsTotal shareholders equity attributed toshareholders of the Company,4,164,672,854.73 3,647,993,280.18 14.16%1,188,024,557.18 1,160,341,793.12,Shares capitalNet assets per share attributed to shareholdersof the Company,230,600,000.005.15First quarter of2012,230,600,000.005.03First quarter of2011,0.00%2.39%Change(%),Total revenue,121,102,282.89,99,430,234.96 21.80%,Net profit attributed to shareholders of theCompanyNet cash flow from operating activitiesNet cash flow from operating activities pershareBasic EPSDiluted EPSWeighted average ROEWeighted average ROE after deductingnon-recurring gains&losses,27,682,764.0657,465,347.350.250.120.122.36%2.36%,23,122,679.9053,109,011.180.230.100.102.19%2.16%,19.72%8.20%8.70%20.00%20.00%0.17%0.20%,Items of the non-recurring gains&losses,Applicable,Inapplicable,Items of the non-recurring gains&lossesOther non-operating revenue and expenditure excludingthe above-mentioned itemsInfluence on income taxInfluence on minority shareholders equityTotal1,The amount from the beginning to theend of report period-15,755.343,938.842,131.90-9,684.60,B,B,B,B,B,B,B,B,B,B,2.2 Total number of shareholders and the top ten tradable shareholders at the end of the periodUnit:Share,Total number of shareholdersThe top ten tradable shareholders,8,542,Name of shareholdersChina Logistics Holding(12)PTE.LTD.CHINA MECHANTS SECURITIES(HONGKONG)LTDGUOTAI JUNAN SECURITIES(HONGKONG)LIMITEDSUN LIFENGLI MINGYALI SHUCHUNWU CHI LIPAN BOCORE PACIFIC-YAMAICHI INTERNATIONAL(H.K.)LIMITEDCAI GANG,Share45,890,0003,159,603831,150583,466550,480517,116408,000392,100390,002359,000,Type,PART Significant Events3.1 Explanation on the significant changes for main accounting data and financial indicators.,Applicable,Inapplicable,(1)The ending balance of cash and cash equivalents is RMB 1.12 billion with an increase of178.42%compared with the balance at the year beginning,which is due to the increase of bankloans,issuance of medium term notes and the maturity of short-term break-even financial productspurchased from banks with the Companys idle funds.(2)The ending balance of accounts prepayment is RMB 2.07 million with an increase of 46.05%compared with the balance at the year beginning,which is due to the increase of prepayment forcar insurance.(3)The ending balance of accrued interest receivable is RMB 0.38 million with a decrease of48.93%,which is due to the receiving of bank loans interest.(4)The ending balance of other current assets is RMB 100 million with a decrease of 72.95%,which is due to the maturity of short-term break-even financial products purchased from bankswith the Companys idle funds.(5)The ending balance of accounts payable is RMB 13.79 million with an increase of 36.41%,which is due to the increase of rents payable.(6)The ending balance of interests payable is RMB 23.12 million with an increase of 165.96%,which is due to the increase of interests from shareholders loans and interests from bonds.2,(7)The ending balance of long-term loans is RMB 499 million with an increase of 38.71%,which is due to the increase of bank loans.,(8)The ending balance of bonds payable is RMB 400 million with an increase of 100%,which isdue to the issuance of five-year medium term notes.,(9)From January 1 to March 31,2012,the selling expense is RMB 0.42 million with an increaseof 43.83%compared with the same period of last year,which is due to the increase of expensepaid to intermediary.,(10)From January 1 to March 31,2012,the financial expense is RMB 25.92 million with anincrease of 68.91%compared with the same period of last year,which is due to the increase ofinterests.,(11)From January 1 to March 31,2012,the investment income is RMB 13.30 million with anincrease of 305.87%compared with the same period of last year,which is due to the increase ofinvestment income from CSE and receiving investment income from financial products.,(12)From January 1 to March 31,2012,the investment income from joint ventures is RMB 6.88million with an increase of 110.06%compared with the same period of last year,which is due tothe increase of investment income from CSE.,(13)From January 1 to March 31,2012,the non-operating income is RMB 3,600 with a decreaseof 98.95%compared with the same period of last year.The decrease is caused by the disposalincome of waste materials in last year and this year doesnt have this income.,(14)From January 1 to March 31,2012,the net profit attributed to non-controlling interests isRMB 2.12 million with an increase of 219.76%compared with the same period of last year,whichis due to the equity integration of Blogis Holding and leads to the increase of net profit attributedto non-controlling interests.,(15)From January 1 to March 31,2012,the cash paid to employees is RMB 19.17 million with anincrease of 32.36%compared with the same period of last year,which is due to the increase ofemployees salary.,(16)From January 1 to March 31,2012,the tax paid is RMB 18.33 million with an increase of52.92%compared with the same period of last year,which is due to the increase of income tax,property tax and land use tax.,(17)From January 1 to March 31,2012,the cash received from other investment related activitiesis RMB 377 million with an increase of 100%compared with the same period of last year,whichis due to the maturity of short-term break-even financial products purchased from banks with theCompanys idle funds.,(18)From January 1 to March 31,2012,the cash paid for fixed assets,intangible assets and otherlong-term assets is RMB 97.62 million with an increase of 39.70%compared with the same periodof last year,which is due to the payment for construction.,(19)From January 1 to March 31,2012,the cash paid for other investment related activities isRMB 100 million with an increase of 100%compared with the same period of last year,which iscaused by the purchase of short-term break-even financial products from banks with theCompanys idle funds.,3,(20)From January 1 to March 31,2012,the cash received from absorbing investment is RMB 0with a decrease of 100%compared with the same period of last year.The decrease is caused bythe receiving of additional investment for its subsidiaries from shareholder in last year and there isno such cash received in this period.(21)From January 1 to March 31,2012,the cash received from bonds issuance is RMB 400million with an increase of 100%compared with the same period of last year,which is due to theissuance of medium terms note in this period.(22)From January 1 to March 31,2012,the cash received from other financing related activitiesis RMB 17.26 million with an increase of 100%compared with the same period of last year,which is due to the receiving of construction funds from shareholder.(23)From January 1 to March 31,2012,the debt redemption is RMB 60.27 million with adecrease of 48.92%compared with the same period of last year.The decrease is caused by thepaying back of RMB 48 million loans to shareholder last year and there is no such debtredemption in this period.(24)From January 1 to March 31,2012,the cash paid for dividends or interests is RMB 15.94million with a decrease of 33.40%compared with the same period of last year.The decrease iscaused by the paying back of RMB 9.08 million loan interests to shareholder last year and there isno such cash paid in this period.3.2 Significant event and its impact3.2.1 Non standard opinion,Applicable,Inapplicable,3.2.2 The Company offers funds to the controlling shareholder or its related parties orprovides external guarantees in violation of the prescribed procedure.,Applicable,Inapplicable,3.2.3 Signature and performance of significant contracts in daily operation,Applicable3.2.4 Others,Inapplicable,Applicable,Inapplicable,(1)Implementation of Internal ControlAccording to the requirements of CSRC Shenzhen Bureau,the Sixth Tele-communication Meetingof the Sixth Board of Directors has reviewed and approved the Implementation Scheme of InternalControl on April 22,2011.In the report period,Ernst&Young Hua Ming presented Audit Report of Internal Control andthought that there was effective internal control in the important perspectives of the Company.There were Self-assessment Report of Internal Control for Year 2011 and Audit Report of InternalControl for Year 2011 on Securities Times,Hong Kong Commercial Daily on March 28,2012.4,3.3 Fulfillment of commitment by the Company,shareholders and actual controllers,Applicable,Inapplicable,3.4 Prediction and explanation on important changes of profit in next report period,Applicable3.5 Other significant events3.5.1 Stock investmentApplicable,InapplicableInapplicable,3.5.2 Reception for the investorsAccording to relative regulations of listed company information disclosures guide issued byShenzhen Stock Exchange and working system in management of investor relationship of theCompany,the Company carried out the principles of fairness,justice and publicity when receivinginterview and investigation and developing activities,guaranteed all investors enjoying right tolearn the truth,other lawful rights and interests,introduced practical situation of the Company andprevented the Company from leaking information and related insider dealing.The Company hasensured the communication ways successfully for the investors and received many enquires bytelephone.But there are no investors asking for visiting on the spot or submitting writtenquestionnaires.3.6 Investment of financial derivatives,Applicable,Inapplicable,3.6.1 Holdings of investment of financial derivatives at the end of report period.,Applicable,Inapplicable,PART IV Attachment4.1 Balance Sheet,Date:Mar 31,2012,Ending Balance,Unit:RMBBeginning Balance,Items,Consolidated,ParentCompany,Consolidated,ParentCompany,Current Assets:,Cash and Cash EquivalentsDeposit Reservation for Balance,1,119,584,393.02-,697,528,852.53-,402,122,936.70-,324,237,017.87-,Lendings to Banks and Other,Financial InstitutionsHeld for Trading Financial AssetsNotes receivableAccounts ReceivableAccounts PrepaymentInsurance Premium Receivable,-49,483,158.322,066,345.47-,-43,350,804.81584,325.89-,-38,761,849.271,414,854.45-,-32,246,795.90363,576.52-,5,-,-,-,-,-,-,Reinsurance Accounts ReceivableReinsurance Reserve ReceivableAccrued Interest ReceivableDividend ReceivableOther Receivables,-379,711.127,320,562.96,-379,711.1265,732,253.421,042,293,996.55,-743,516.687,743,467.02,-743,516.6869,228,865.68690,801,414.95,Redemptory Monetary Capital for,SaleInventories,-1,306,082.45,-1,012,390.33,-1,129,514.30,-801,510.26,Current Portion of Non-current,AssetsOther Current AssetsSub-total Current Assts,-100,000,000.001,280,140,253.34,-100,000,000.001,950,882,334.65,-369,620,000.00821,536,138.42,-369,620,000.001,488,042,697.86,Non-current AssetsDisbursement of Entrust Loans,and AdvanceFinancial Assets Available for SaleHeld-to-maturity InvestmentLong-term Accounts ReceivableLong-term Investment on StocksInvestment Real EstateFixed AssetsConstruction-in-progressEngineer MaterialLiquidation of Fixed AssetsCapitalized Biological AssetsOil and Gas AssetsIntangible AssetsDevelopment ExpenditureGoodwillLong-term Deferred ExpensesDeferred Income Tax AssetsOther Non-current AssetsSub-total Non-current AssetsTotal Assets,-332,019,512.89765,041,368.33483,090,923.36279,826,416.17-875.45-925,299,342.58-16,752,609.8282,501,552.792,884,532,601.394,164,672,854.73,-1,203,825,272.60115,013,653.0583,871,206.1459,681.00-875.45-355,101,635.71-85,701.631,757,958,025.583,708,840,360.23,-325,138,453.01707,482,188.70437,846,577.37341,476,044.19-921,544,551.30-16,752,609.8276,216,717.372,826,457,141.763,647,993,280.18,-1,196,944,212.72116,380,151.1168,311,365.7516,652,681.00-359,318,178.34-85,701.631,757,692,290.553,245,734,988.41,Current Liabilities,Short-term LoansBorrowing from the Central Bank,150,000,000.00-,150,000,000.00-,210,000,000.00-,210,000,000.00-,6,-,-,-,-,-,-,-,-,Accept Money Deposits and Call,Loans from BanksOther Financial InstitutionsTransactional Monetary Liabilities)Notes PayableAccounts PayableDown payment Received,-13,789,312.022,644,943.64,-13,697,019.39,-10,108,928.112,093,276.87,-10,036,686.11,Financial Assets Sold for,RepurchaseCommission PayablePayroll PayableTax PayableAccrued Interest PayableDividend PayableOther PayablesDividend Payable for ReinsuranceReserves for Insurance ContractActing Trading SecuritiesActing Underwriting Securities,-13,659,519.5025,886,923.3223,118,874.968,382,728.01159,618,328.20-,-12,000,591.3916,894,721.7522,420,678.87172,217,592.16-,-16,729,891.8525,815,966.838,692,594.048,382,728.01184,460,828.33-,-13,198,897.5917,086,958.448,692,594.04224,504,487.28-,Current Portion of Non-current,LiabilitiesOther Non-current LiabilitiesSub-total Current LiabilitiesNon-current LiabilitiesLong-term Loans,549,650,000.00-946,750,629.65-499,200,000.00,549,650,000.00-936,880,603.56-499,200,000.00,549,820,000.00-1,016,104,214.04-359,900,000.00,549,820,000.00-1,033,339,623.46-359,900,000.00,Bonds PayableLong-term Accounts Payable,400,000,000.00157,393,214.35,400,000,000.00,140,130,172.17,Special Accounts PayableAccrued liabilitiesDeferred Income Tax LiabilitiesOther Non-current LiabilitiesSub-total Non-current LiabilitiesTotal Liabilities,-722,776,976.351,779,370,190.702,726,120,820.35,-722,776,976.351,621,976,976.352,558,857,579.91,-723,114,314.141,223,144,486.312,239,248,700.35,-723,114,314.141,083,014,314.142,116,353,937.60,Owners Equity(Shareholders,Equity)Paid-in Capital(Capital Stock)Capital Reserves,-230,600,000.00234,141,186.09,-230,600,000.00204,534,849.49,-230,600,000.00234,141,186.09,-230,600,000.00204,534,849.49,Less:Treasury Stock7,-,-,-,-,-,-,-,-,Special ReservesSurplus ReservesGeneral Risk ReserveRetained EarningsTranslation Reserve,-242,990,556.25-480,292,814.84-,-242,990,556.25-471,857,374.58-,-242,990,556.25-452,610,050.78-,-242,990,556.25-451,255,645.07-,Total Chiwan Base Shareholders,EquityNon-controlling interestsTotal Shareholders EquityTotal Liabilities and Equities,1,188,024,557.18250,527,477.201,438,552,034.384,164,672,854.73,1,149,982,780.321,149,982,780.323,708,840,360.23,1,160,341,793.12248,402,786.711,408,744,579.833,647,993,280.18,1,129,381,050.811,129,381,050.813,245,734,988.41,4.2 Income Statements(from Jan 1 2