1、 Stock Code：000037,200037 Stock Code：2012-017 Short Form of the Stock：Shennandian A,Shennandian B Shenzhen Nanshan Power Co.,Ltd.The First Quarterly Report 2012(Full-Text)1 Important Notice 1.1 The Board of Directors and Supervisory Committee of Shenzhen Nanshan Power Co.,Ltd.(hereinafter referred t
2、o as the Company)and its directors,supervisors and senior executives hereby confirm that there are not any fictitious statements,misleading information and important omissions carried in this report,and shall take all responsibilities,individual and/or joint,for the reality,accuracy and completion o
3、f the whole contents.1.2 Financial Report for the 1st Quarterly Report of the Company has not been audited by CPA.1.3 Chairman of the Board Yang Haixian,Person in Charge of accounting work Lu Xiaoping and Person in Charge of Accounting Organ(Accounting Supervisor)Huang Jian hereby confirm that the F
4、inancial Report enclosed in the 1st Quarterly Report is true and complete.2 Company Profile 2.1 Main Accounting Data and Financial Indexes:Unit:RMB At the end of the report period At the end of the last year Changes of increase/decrease(%)Total assets(RMB)5,290,472,853.625,452,746,682.91-2.98%Owners
5、 equity attributable to shareholders of the listed company(RMB)1,684,970,363.791,753,371,551.83-3.90%Total share capital(Share)602,762,596.00 602,762,596.00 0.00%Net asset per share attributable to shareholders of listed company(RMB/Share)2.80 2.91-3.78%In the report periodThe same period of last ye
6、ar Changes of increase/decrease(%)Total operating income(RMB)432,815,711.38 454,988,479.87-4.87%Net profit attributable to shareholders of the listed company(RMB)-68,401,188.04-79,839,433.69-14.33%Net cash flow arising from operating activities(RMB)301,024,997.40-11,164,998.07-2,796.15%Net cash flow
7、 arising from operating activities per share(RMB/Share)0.50-0.02-2,600.00%Basic earnings per share(RMB/Share)-0.11-0.13 Diluted earnings per share(RMB/Share)-0.11-0.13 Weighted average return on equity(%)-3.99%-3.16%-0.83%1 Weighted average return on equity after deducting non-recurring gains and lo
8、sses(%)-3.98%-3.16%-0.82%Items of non-recurring gains and losses Applicable Inapplicable Unit:RMB Items of non-recurring gains and losses Amount from year-begin to period-end Remarks(If applicable)Other non-operating income and expenditure except for the above items 53,256.74 Total 53,256.74-2.2 Tot
9、al number of shareholders at the end of the report period and shares held by the top ten shareholders with unrestricted conditions Unit:Share Total number of shareholders at the end of report period 44,372Particulars about the shares held by the top ten tradable shareholders with unrestricted condit
10、ions Full Name of shareholder Amount of tradable shares with unrestricted conditions held at the end of report period Type of shares Shenzhen Guangju Investment Holding Co.,Ltd 100,769,712 RMB ordinary shares HONG KONG NAM HOI(INTERNATIONAL)LTD 92,123,248Domestically listed foreign shares SHENZHEN E
11、NERGY GROUP CO.,LTD.65,106,130 RMB ordinary shares BNP P P/PANDA INVESTMENT COMPANY LIMITED 49,426,518Domestically listed foreign shares STATE GRID SHENZHEN ENERGY DEVELOPMENT GROUP CO.,LTD.35,999,805 RMB ordinary shares YAN TIAN GONG 3,270,000Domestically listed foreign shares Goldbond Securities h
12、oldings Limited 1,500,000Domestically listed foreign shares LI WEI PING 1,483,281Domestically listed foreign shares WU SHU HUA 1,351,400 RMB ordinary shares Naito Security Co.,Ltd.1,212,486Domestically listed foreign shares 3 Significant events 3.1 Particulars about material changes in items of main
13、 accounting statement and financial index,and explanations of reasons A pplicab le Inapplicable 1.Balance sheet 2 Item changes m ain r easons Account paid in advance _252.02%_ account paid in advance for goods increased Other account receivable _-83.02%_ equity transfer amount received Account payab
14、le _136.19%_ Account payable for goods increased 2.Profit Statement Item change s m ain reasons Business tax and surcharge _ 67.31%_ accrual business tax for internal transaction increased Sales expenses _ 37.94%_ business of sludge treatment increase the sales Non-operation expenditure _-30.25%_ ex
15、penditure from disposal of assets decreased Income tax _-99.39%_ income tax accrual decreased 3.Cash Flow Statement Item changes m ain re asons Net cash flow arising from operation activities_312.19 million yuan increased _ electricity charge and subsidy income received increased Net cash flow arisi
16、ng from investment activities_140.6955 million yuan increased_ equity transfer amount received Net cash flow arising from financing activities_ 379.8134 million yuan decreased _ net financing amount decreased and financial cost increased 3.2 Analysis and explanation of significant events and their i
17、nfluence and solutions 3.2.1 Particular about Qualified Opinion A pplicab le Inapplicable Deloitte Touche Tohmatsu CPA LTD issued the unqualified auditors report with paragraph of emphasized matter for the Company for year of 2011.In this report period,progress of events with qualified opinions conc
18、erned found in Annual Report of 2011 released dated 24 April 2012(Notice No.:2012-010).3.2.2 Particular about fund offered to shareholder or its related parties by the Company and external guarantee with procedure violation A pplicab le Inapplicable 3.2.3 Particular about the significant contract of
19、 routine operation signed and implemented A pplicab le Inapplicable 3.2.4 Other A pplicab le Inapplicable In reporting period,according to requirement of“Notice of Standardized Pilot of Internal Control for Listed Companies in Shenzhen Municipal”from Shenzhen Security Regulatory Bureau,theCompany ex
20、ercising vary establishment of internal control orderly.Process of internal control for 1stquarter of the year are as:1.Completed preparation and confirmation of the internal control manual 2.Exercising reformation of internal control defects,and prepared“Reformation Report of Internal Control Defec
21、ts for Shen Nan Dian”;3.Prepare the testing for system internal control and start from 1st of April;4.Completed formation of self-assessment report of internal control for year of 2011 3.3 Implementations of commitments by the Company,shareholders and actual controller Commitments make within the re
22、port period or persisted to the period by listed company and its director,supervisor and senior executives,shareholder with over 5 percent shares held and its actual controller A pplicab le Inapplicable 3 3.4 Estimation of accumulative net profit from the beginning of the year to the end of next rep
23、ort period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation of reason A pplicab le Inapplicable 3.5 Other significant events which need explanations 3.5.1 Particulars about securities investment A pplicab le Inapplicabl
24、e 3.5.2 Registration form for receiving research,communication and interview in the report period No investors field research,telephone communication and written inquiries are received in the report period.3.6 Derivatives investmentA pplicab le Inapplicable 3.6.1 Particulars about derivatives invest
25、ment held at the end of report period A pplicab le Inapplicable 4.Appendix 4.1 Balance sheet Prepared by Shenzhen Nanshan Power Co.,Ltd.March 31,2012 Unit:RMB Balance at period-end Balance at year-begin Items Consolidation Parent Company Consolidation Parent Company Current assets:Monetary funds 678
26、,469,855.51 363,999,645.23 695,095,052.12 303,150,447.89 Settlement provisions Capital lent Transaction finance asset Notes receivable Accounts receivable 859,548,258.43 582,895,188.80 934,640,019.03 646,023,065.42Accounts paid in advance 111,154,679.36 508,816.72 31,576,397.23 489,676.70Insurance r
27、eceivable Reinsurance receivables Contract reserve of reinsurance receivable Interest receivable Dividend receivable 654,140,866.58 654,140,866.58Other receivables 21,154,468.59 1,718,867,641.86 124,599,842.72 1,525,724,625.88Purchase restituted finance asset Inventories 1,258,763,273.94100,950,721.
28、571,258,195,597.25 112,185,828.84Non-current asset due within one year Other current assets 205,000,000.00Total current assets 2,929,090,535.83 3,421,362,880.76 3,044,106,908.35 3,446,714,511.314 Non-current assets:Granted loans and advances Finance asset available for sales Held-to-maturity investm
29、ent Long-term account receivable Long-term equity investment 37,315,000.00 536,797,849.76 37,315,000.00 536,797,849.76Investment real estate 4,761,373.69 4,872,045.07 Fixed assets 2,179,078,835.81 313,115,205.41 2,227,103,579.26 327,435,225.16Construction in progress 50,179,777.97 36,549,164.69 46,8
30、66,969.48 36,184,921.10Engineering material Disposal of fixed asset Productive biological asset Oil and gas asset Intangible assets 62,978,185.23 10,306,495.42 63,807,538.62 10,658,977.27Expense on Research and Development Goodwill Long-term expenses to be apportioned 83,313.80 83,313.80 95,810.84 9
31、5,810.84Deferred income tax asset 3,714,114.31 3,714,114.31 Other non-current asset 23,271,716.98 24,864,716.98 Total non-current asset 2,361,382,317.79 896,852,029.08 2,408,639,774.56 911,172,784.13Total assets 5,290,472,853.62 4,318,214,909.84 5,452,746,682.91 4,357,887,295.44Current liabilities:S
32、hort-term loans 2,934,000,000.00 1,574,000,000.00 3,265,824,953.89 1,880,824,953.89Loan from central bank Absorbing deposit and interbank deposit Capital borrowed Transaction financial liabilities Notes payable 33,800,000.00 43,820,200.00 Accounts payable 507,207,804.35 395,892,996.19 214,748,889.66
33、 145,440,717.47Accounts received in advance 15,490,399.16 14,586,000.00 14,586,000.00 14,586,000.00Selling financial asset of repurchase Commission charge and commission payable Wage payable 25,967,650.94 11,985,911.39 32,691,674.04 16,426,938.52Taxes payable-521,469,322.24-407,376,227.17-521,900,79
34、3.90-414,050,692.13Interest payable 74,522,097.28 3,462,044.67 75,462,594.51 5,585,474.165 Dividend payable Other accounts payable 334,185,774.08 1,060,550,102.23 358,597,380.00 1,064,365,847.79Reinsurance payables Insurance contract reserve Security trading of agency Security sales of agency Non-cu
35、rrent liabilities due within 1 year 50,000,000.00 50,000,000.00 Other current liabilities Total current liabilities 3,453,704,403.57 2,653,100,827.31 3,533,830,898.20 2,713,179,239.70Non-current liabilities:Long-term loans 26,000,000.00 26,000,000.00 Bonds payable Long-term account payable Special a
36、ccounts payable Projected liabilities Deferred income tax liabilities Other non-current liabilities 5,037,916.65 5,104,791.66 Total non-current liabilities 31,037,916.65 31,104,791.66 Total liabilities 3,484,742,320.22 2,653,100,827.31 3,564,935,689.86 2,713,179,239.70Owners equity(or shareholders e
37、quity):Paid-in capital(or share capital)602,762,596.00 602,762,596.00 602,762,596.00 602,762,596.00Capital public reserve 363,629,927.51 288,769,132.47 363,629,927.51 288,769,132.47 Less:Inventory shares Reasonable reserve Surplus public reserve 332,908,397.60 332,908,397.60 332,908,397.60 332,908,3
38、97.60Provision of general risk Retained profit 385,669,442.68 440,673,956.46 454,070,630.72 420,267,929.67Balance difference of foreign currency translation Total owners equity attributable to parent company 1,684,970,363.79 1,665,114,082.53 1,753,371,551.83 1,644,708,055.74Minority interests 120,76
39、0,169.61 134,439,441.22 Minority interests 1,805,730,533.40 1,665,114,082.53 1,887,810,993.05 1,644,708,055.74Total owners equity 5,290,472,853.62 4,318,214,909.84 5,452,746,682.91 4,357,887,295.44 4.2 Profit statement Prepared by Shenzhen Nanshan Power Co.,Ltd.Jan.-Mar.2012 Unit:RMB Items Amount in
40、 this period Amount in last period 6 Consolidation Parent Company Consolidation Parent Company I.Total operating income 432,815,711.38 190,594,298.26 454,988,479.87 209,505,493.33Including:Operating income 432,815,711.38 190,594,298.26 454,988,479.87 209,505,493.33 Interest income Insurance gained C
41、ommission charge and commission income II.Total operating cost 748,813,540.33 304,341,885.63 702,178,453.15 367,542,200.83Including:Operating cost 669,915,764.47 278,081,758.04 633,682,028.70 336,383,237.65Interest expense Commission charge and commission expense Cash surrender value Net amount of e
42、xpense of compensation Net amount of withdrawal of insurance contract reserve Bonus expense of guarantee slip Reinsurance expense Operating tax and extras 1,726,019.81 1,396,470.09 1,031,640.79 738,487.20Sales expenses 287,581.15 208,486.26 Administration expenses 24,989,853.86 10,554,361.74 24,381,
43、992.12 11,652,589.23Financial expenses 51,894,321.04 14,309,295.76 42,874,305.28 18,767,886.75Losses of devaluation of asset Add:Changing income of fair value(Loss is listed with“-”)Investment income(Loss is listed with“-”)-16,728,157.24-16,728,157.24 I ncl u din g:Investment income on affiliated co
44、mpany and joint venture-16,728,157.24-16,728,157.24Exchange income(Loss is listed with“-”)III.Operating profit(Loss is listed with“-”)-315,997,828.95-113,747,587.37-263,918,130.52-174,764,864.74Add:Non-operating income 233,985,916.13 134,156,400.00 184,369,384.32 82,198,600.00Less:Non-operating expe
45、nse 23,607.37 2,785.84 33,846.41 3,846.41Including:Disposal loss of non-current asset IV.Total Profit(Loss is listed with“-”)-82,035,520.19 20,406,026.79-79,582,592.61-92,570,111.15 Less:Income tax 44,939.46 7,336,373.37 V.Net profit(Net loss is listed with“-”)-82,080,459.65 20,406,026.79-86,918,965
46、.98-92,570,111.157 Net profit attributable to owners equity of parent company-68,401,188.04 20,406,026.79-79,839,433.69-92,570,111.15Minority shareholders gains and losses-13,679,271.61-7,079,532.29 VI.Earnings per share i.Basic earnings per share-0.11-0.13 ii.Diluted earnings per share-0.11-0.13 VI
47、I.Other consolidated income VIII.Total consolidated income-82,080,459.65 20,406,026.79-86,918,965.98-92,570,111.15Total consolidated income attributable to owners of parent company-68,401,188.04 20,406,026.79-79,839,433.69-92,570,111.15Total consolidated income attributable to minority shareholders-
48、13,679,271.61-7,079,532.29 Concerning the enterprise consolidation under common control occurred in the period;the mergered party realized net profit before consolidation amounting to RMB00.00.4.3 Cash flow statement Prepared by Shenzhen Nanshan Power Co.,Ltd.Jan.-Mar.2012 Unit:RMB Amount in this pe
49、riod Amount in last period Items Consolidation Parent Company Consolidation Parent Company I.Cash flows arising from operating activities:Cash received from selling commodities and providing labor services 648,812,849.64 323,709,231.00 574,247,943.86 304,663,477.00 N et incr e as e of customer depos
50、it and interbank deposit Net increase of loan from central bank Net increase of capital borrowed from other financial institution Cash received from original insurance contract fee Net cash received from reinsurance business Net increase of insured savings and investment Net increase of disposal of
