1、 1 2 3 4 2002 2002(123,840)1,285,696(996)(7,990)-(2,384)(31,753)-82,281-(115)(475)69 125-1,915-(779)(855)(32)(75,209)(1,276,076)5 154,493,115.27 50,527,709.17-159,952.60 1,359,013,692.26 472,357.98 124,312,555.25 50,527,709.17 5,170.29 73,790,016.37 30,180,560.02-165,122.89 1,285,696,033.87 745,057,
2、500.00 322,182,449.59 187,968,289.17 58,370,079.49 472,357.98 157,452.64 745,057,500.00 322,182,449.59 188,440,647.15 58,527,532.13 6+-1 2 1 2 3 4 43,560 5,445 49,005 5,445 20,055.75 25,500.75 43,560 5,445 49,005 5,445 20,055.75 25,500.75 74,505.75 74,505.75 7 54 2002.5.17-2005.5.16 0 0 36 2002.5.17
3、-2005.5.16 0 0%0 435,600,000 58.47 0 54,450,000 7.31-888,117 1,945,159 0.26+1,428,924 1,428,924 0.19 0 1,183,247 0.16-11,949 1,017,506 0.14-15,400 775,475 0.10 0 721,862 0.10-63,965 717,740 0.10+10 703,745 0.09 8 43 2002.5.17-2005.5.16 0 0 53 2002.5.17-2005.5.16 0 0 46 2002.5.17-2005.5.16 0 0 69 200
4、2.5.17-2005.5.16 242,019 132,000 53 2002.5.17-2005.5.16 0 0 40 2002.5.17-2005.5.16 0 0 59 2002.5.17-2005.5.16 0 0 48 2002.5.17-2005.5.16 0 0 57 2002.5.17-2005.5.16 0 0 30 2002.5.17-2005.5.16 0 0 38 2002.10.28-2005.5.16 0 0 33 2002.10.28-2005.5.16 0 0 9 2002 2001 2002 5 17 2002 4 16 2001 2001 2001 20
5、01 10 0.6 2002 5 18 11 6,678.36 36.91%364.80 6.60 4,035.45 22.30%1,333.34 24.14 3,511.64 19.41%1,981.44 35.87 2,438.90 13.48%1,624.33 29.41 1,406.73 7.78%199.42 3.61 21.63 0.12%20.55 0.37 18,092.71 100%5,523.88 100 1 5,000 100 7,093.15 164.95 2 1,690 100 3,829.69 105.33 3 1000 20 16,087.46 248.66 4
6、2,000 90 1,462.40-76.52 125$88 100 22,412.73-2,128.67 6$1,500 100 26,744.35 0 7$620 90 5,401.35 8$250 90 999.59-776.37 13 2002 2001%3,004,871,274.69 2,890,549,463.70 3.96 1,010,992.00 400,762,300.00-99.75 1,285,696,033.87 1,359,013,692.26-5.39 55,238,816.68 41,853,758.38 31.98-123,840,197.27 9,170,2
7、13.67-1,450.46 81,554,462.06 110,062,380.51-25.90 99.75 4 2003 4 31.98 1,450.46 1 8,228.11 2 1.1 5,168.45 14 15 16 0.6 2002-123,840,197.27 2002-7520.9-123,840,197.27 154,493,115.27 17 30,652,918.00 30,180,560.02 2002 2002 18 5 19 20 21 22 23 1 333,184,483.55 455,343,541.16 318,522,644.44 373,209,510
8、.60 2 62,261,856.00 77,646,161.81 211,527,722.09 222,223,566.72 3 4 21,079,408.06 21,079,408.06 26,577,622.61 26,577,622.61 5 43,767.00 43,767.00 129,572.50 129,572.50 6 592,826.82 7,700,237.88 3,467,293.39 7 506,506,434.80 190,771,121.39 449,975,588.14 89,695,314.91 8 47,540,666.00 51,975,998.29 12
9、8,130,756.83 128,882,411.05 9 10 1,146,621,262.46 1,188,607,951.40 1,010,459,863.08 1,109,069,648.01 11 165,000.00 314,999.03 130,463.85 21 24 30 2,117,995,704.69 1,993,483,186.02 2,145,323,769.69 1,953,385,403.64 31 579,841,178.82 421,056,269.26 524,166,826.30 356,365,842.43 32 33 579,841,178.82 42
10、1,056,269.26 524,166,826.30 356,365,842.43 34 3,414,394.78-66,173.72 39 256,791,107.94 414,801,626.46 253,988,349.27 398,448,060.66 40 21,509,292.70 60,539,358.30 15,293,920.19 47,223,170.03 41 235,281,815.24 354,262,268.16 238,694,429.08 351,224,890.63 42 10,891,351.98 34,057,677.23 10,891,351.98 2
11、7,991,099.88 43 224,390,463.26 320,204,590.93 227,803,077.10 323,233,790.75 44 12,103,375.85 12,102,390.45 45 247,354,150.04 236,959,260.91 46 50 224,390,463.26 579,662,116.82 227,803,077.10 572,295,442.11 51 855,208.89 3,252,869.91 873,800.49 1,036,645.79 52 7,266,832.68 7,316,129.73 53 150,000.00
12、150,000.00 54 855,208.89 10,669,702.59 873,800.49 8,502,775.52 56 60 2,923,082,555.66 3,004,871,274.69 2,898,167,473.58 2,890,549,463.70 24 61 1,109,418,714.00 1,128,668,714.00 848,311,308.00 887,261,308.00 62 63 10,086,754.89 18,046,109.58 8,052,258.49 12,991,145.72 64 99,034,806.84 102,634,924.65
13、5,145,079.49 6,468,475.75 65 1,618,129.89 1,958,029.95 66 361,096.32 1,187,165.29 382,797.96 1,033,331.43 67 68 5,018,732.59 6,532,504.57 3,366,535.80 3,250,233.98 69 1,921.36 46,251.47 21,489.92 35,937.15 70 10,513,194.68 25,973,300.50 159,322,308.33 115,514,681.75 71 1,404,063.04 1,436,341.04 1,09
14、9,031.84 1,115,155.09 72 704,550.00 704,550.00 78 400,000,000.00 400,000,000.00 79,143,385.00 79,143,385.00 79 80 1,636,543,833.72 1,686,847,990.99 1,104,844,194.83 1,108,771,683.82 81 400,762,300.00 400,762,300.00 82 83 1,010,992.00 84 85 87 1,010,992.00 400,762,300.00 400,762,300.00 89 137,384.53
15、137,384.53 137,384.53 137,384.53 90 1,636,681,218.25 1,687,996,367.52 1,505,743,879.36 1,509,671,368.35 91 31,178,873.30 21,864,403.09 92 745,057,500.00 745,057,500.00 745,057,500.00 745,057,500.00 93 322,182,449.59 322,182,449.59 322,182,449.59 322,182,449.59 94 184,715,179.07 188,440,647.15 184,71
16、5,179.07 187,968,289.17 95 57,693,235.29 58,527,532.13 57,693,235.29 58,370,079.49 96 50,527,709.17 97 34,446,208.75 30,180,560.02 140,468,465.56 154,493,115.27 98-165,122.89-159,952.60 99 1,286,401,337.41 1,285,696,033.87 1,392,423,594.22 1,359,013,692.26 100 2,923,082,555.66 3,004,871,274.69 2,898
17、,167,473.58 2,890,549,463.70 25 102,366,366.71 180,927,147.96 128,610,432.86 203,123,425.27 73,342,493.73 119,379,232.32 104,136,714.01 153,686,973.35 5,118,318.31 6,309,098.96 6,430,521.67 7,582,693.54 23,905,554.67 55,238,816.68 18,043,197.18 41,853,758.38 3,482,636.76 4,191,340.30 329,640.77 700,
18、615.28 33,973,876.58 686,279.70 31,741,885.20 137,233,646.04 137,295,638.67-10,984,404.12 2,428,456.43 61,196,441.57 65,484,121.96 28,603,929.83 50,673,719.63-171,742,511.46-177,323,480.23-262,608.23-42,660,662.11 8,221,787.20 5,679,642.65 12,556,516.50 27,690,323.86 27,248,000.00 27,395,000.00 904,
19、000.00 908,000.00 34,861,273.14 31,207,965.20 3,192,000.00 3,316,380.86 14,455.70 7,502,552.72 123,020.43-101,425,906.82-120,543,425.10 16,389,908.27-10,868,977.82 4,596,349.99 5,237,301.96 50,749.90-1,940,529.79-2,591,111.90 17,498,829.49-106,022,256.81-123,840,197.27 16,389,908.27 9,170,213.67 140
20、,468,465.56 154,493,115.27 194,269,543.53 215,658,235.75 34,446,208.75 30,652,918.00 210,659,451.80 224,828,449.42 314,905.34 1,638,990.83 1,735,222.77 157,452.64 819,495.41 867,611.38 34,446,208.75 30,180,560.02 208,200,965.56 222,225,615.27 67,732,500.00 67,732,500.00 26 34,446,208.75 30,180,560.0
21、2 140,468,465.56 154,493,115.27 2002 93,998,784.12 177,483,369.51 2,739,694.00 3,431,850.44 14,472,274.65 14,615,103.24 111,210,752.77 195,530,323.19 81,279,762.08 119,665,505.24 6,803,869.54 20,826,575.37 9,921,375.92 12,359,751.30 1,357,165.21 16,842,123.00 99,362,172.75 169,693,954.91 11,848,580.
22、02 25,836,368.28 354,987,280.17 376,193,350.31 52,508,743.34 52,788,134.05 905,000.00 1,073,470.00 87,168,354.05 408,401,023.51 517,223,308.41 3,563,503.55 22,632,414.48 451,133,726.09 472,801,567.23 64,721,883.02 519,419,112.66 495,433,981.71-111,018,089.15 21,789,326.70 27 300,000.00 300,000.00 1,
23、545,132,331.00 1,567,882,331.00 1,545,132,331.00 1,568,182,331.00 1,363,065,051.00 1,405,515,051.00 68,218,934.87 69,333,229.83 59,400,322.41 1,431,283,985.87 1,534,248,603.24 113,848,345.13 33,933,727.76-16,996.89-4,960.68 14,661,839.11 81,554,462.06-106,022,256.81-123,840,197.27“”-1,940,529.79 128
24、,115,480.00 122,617,690.24 7,217,440.80 13,836,594.91 18,591.60 81,350.88 53,623.14 1,097,532.15-165,000.00-184,535.18-674,266.11-688,506.58 66,236,398.40 67,926,300.80-8,221,787.20-5,679,642.65-136,161,399.38-136,714,548.13 162,469,865.30 121,486,652.73-101,018,109.72-32,161,793.83 11,848,580.02 25
25、,836,368.28 28 333,184,483.55 452,901,737.66 318,522,644.44 371,347,275.60 14,661,839.11 81,554,462.06 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 1 36,796,397.70 5,422,162.39 122,669,178.64 56,071,184.67 159,465,576.34 61,493,347.06 2 201,80
26、0.15 34,503.15 246,361.89 34,503.15 448,162.04 3 36,796,397.70 5,220,362.24 122,634,675.49 55,824,822.78 159,431,073.19 61,045,185.02 4 3,363,067.27 4,928,404.57 16,675,075.76 28,480,554.69 4,928,404.57 20,038,143.03 28,480,554.69 5 3,363,067.27 4,928,404.57 16,364,684.26 28,170,163.19 4,928,404.57
27、19,727,751.53 28,170,163.19 6 310,391.50 310,391.50 310,391.50 310,391.50 7 3,770,770.86 3,828,354.01 493,661.87 7,105,463.00 8 3,498,413.94 3,828,354.01 491,032.01 6,835,735.94 9 272,356.92 2,629.86 269,727.06 10 32,252,515.42 36,766,695.24 212.62 32,252,515.42 36,766,907.86 11 32,252,515.42 34,766
28、,695.24 212.62 32,252,515.42 34,766,907.86 12 2,000,000.00 2,000,000.00 13 10,891,351.98 27,991,099.88 7,237,802.90 1,171,225.55 10,891,351.98 34,057,677.23 14 10,891,351.98 25,891,351.98 7,237,801.48 10,891,351.98 33,129,153.46 15 2,099,747.90 1.42 1,171,225.55 928,523.77 16 17 18 64 Audited Financ
29、ial Statements Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.(Incorporated in the Peoples Republic of China with limited liability)31 December 2002 Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.CONTENTS Pages REPORT OF THE AUDITORS 1 AUDITED FINANCIAL STATEMENTS Consolidated:In
30、come statement 2 Balance sheet 3 Cash flow statement 4 Notes to financial statements 5 32 1 REPORT OF THE AUDITORS To the members Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.(Incorporated in the Peoples Republic of China with limited liability)We have audited the accompanying consolidat
31、ed balance sheet of Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.(the“Company”)and its subsidiaries(the“Group”)as of 31 December 2002,and the related consolidated income statement and cash flow statement for the year then ended.These financial statements are the responsibility of the Com
32、panys management.Our responsibility is to express an opinion on these financial statements based on our audit.We conducted our audit in accordance with International Standards on Auditing.Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the cons
33、olidated financial statements are free of material misstatement.An audit includes examining,on a test basis,evidence supporting the amounts and disclosures in the consolidated financial statements.An audit also includes assessing the accounting principles used and significant estimates made by manag
34、ement,as well as evaluating the overall consolidated financial statement presentation.We believe that our audit provides a reasonable basis for our opinion.In our opinion,the consolidated financial statements give a true and fair view of the financial position of the Group as of 31 December 2002 and
35、 of the results of its operations and its cash flows for the year then ended in accordance with International Accounting Standards as adopted by the International Accounting Standards Board.Without qualifying our opinion,we draw attention to note 18 to the financial statements in respect of other re
36、ceivables.As further explained in note 18 a)to the financial statements,during the year ended 31 December 2002,the Company separately entered into two investment agreements with an investment management company and entrusted this investment management company to invest in government bonds aggregatel
37、y amounted to Rmb110 million.Both the aforesaid agreements expired on 27 December 2002 and as of the date of this report,the investment management company has not returned the invested amounts to the Company.The directors have sought legal advice and are considering taking appropriate measures,inclu
38、ding legal actions,to recover these investments.Based on the information currently available to the directors and after consultation with the Companys legal counsel,the directors have made a provision of Rmb51.7 million as of 31 December 2002 for the investments.Hong Kong 24 April 2003 Shanghai Wai
39、Gaoqiao Free Trade Zone Development Co.,Ltd.2 Consolidated income statement For the year ended 31 December 2002 2002 2001 Notes Rmb000 Rmb000 Revenue 4 167,695 189,287 Cost of sales(133,931)(168,627)Gross profit 33,764 20,660 Other revenue 5 93,553 60,228 Selling and distribution costs(12,425)(10,93
40、0)Administrative costs(32,462)(11,992)Other operating costs 6(86,710)(18,169)Profit/(loss)from operating activities(4,280)39,797 Finance costs 7(68,243)(78,830)Share of profits and losses of associates 1,503(142)Loss before tax and minority interests(71,020)(39,175)Tax 8(5,237)(51)Minority interests
41、 1,048 2,665 Net loss for the year(75,209)(36,561)Basic loss per share 9(Rmb0.101)(Rmb0.049)The only component of a statement of changes in equity is the net loss for the year ended 31 December 2002.Accordingly,no separate statement of changes in equity is prepared.The accounting policies and explan
42、atory notes form an integral part of the consolidated financial statements.Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.3 Consolidated balance sheet 31 December 2002 2002 2001 ASSETS Notes Rmb000 Rmb000 Non-current assets Property,plant and equipment 10 461,676 421,353 Construction in pr
43、ogress 11 7,300 2,400 Land use rights 12 160,512 132,348 Goodwill 13 3,549-Investments in associates 14 93,334 24,951 Other investments 15 321,927 329,273 Properties under development 16 1,135,884 1,121,064 2,184,182 2,031,389 Current assets Cash and cash equivalents 324,472 210,031 Time deposits wi
44、th banks 124,241 163,179 Short-term investments 17 77,646 192,571 Trade and other receivables,net 18 171,403 129,894 Inventories,net 19 5,305 4,324 Tax recoverable 8-665 Amount due from the holding company 20 76,839 77,007 Amounts due from fellow subsidiaries 21 30,483 71,702 810,389 849,373 Total a
45、ssets 2,994,571 2,880,762 EQUITY AND LIABILITIES Equity Issued capital 22 745,058 745,058 Reserves 23 531,018 606,227 1,276,076 1,351,285 Minority interests 31,876 21,665 Non-current liabilities Interest-bearing loans and borrowings 24-400,000 Current liabilities Trade and other payables 153,152 81,
46、436 Interest-bearing loans and borrowings 24 1,528,669 967,166 Tax payable 8 4,798-Amount due to the holding company 20-59,210 1,686,619 1,107,812 Total equity and liabilities 2,994,571 2,880,762 The accounting policies and explanatory notes form an integral part of the consolidated financial statem
47、ents.Shanghai Wai Gaoqiao Free Trade Zone Development Co.,Ltd.4 Consolidated cash flow statement For the year ended 31 December 2002 2002 2001 Notes Rmb000 Rmb000 Cash flows from operating activities before interest and income tax 26(a)(97,280)78,065 Interest received 7,381 99,922 Interest paid(68,9
48、47)(79,587)Income tax refunded 543-Income tax paid(317)(3,185)Net cash inflows/(outflows)from operating activities(158,620)95,215 Cash flows from investing activities Purchases of property,plant and equipment and additions of construction in progress(30,036)(19,409)Purchase of land use rights(1,906)
49、(26,176)Purchases of other investments(4,654)-Decrease in time deposits with original maturity over three months 43,118 110,040 Net cash outflows from the acquisition of a subsidiary 26(b)(6,000)-Acquisition of associates(65,800)(12,000)Proceeds from disposal of an associate 920-Prepayment for purch
50、ase of an other investment(47,400)-Proceeds from disposal of other investments-309 Advance received for the disposal of other investments 53,000-Proceeds from sale/(payment for purchase)of short-term investments,net 101,792 6,378 Proceeds from disposals of property,plant and equipment 1,665 179 Adva
