苏威孚Ｂ:2020年年度审计报告（英文版）
原标题:苏威孚Ｂ:2020年年度审计报告（英文版） 公证天业会计师事务所(特殊普通合伙) Gongzheng Tianye Certified Public Accountants, SGP 中国 . 江苏 . 无锡 Wuxi . Jiangsu . China 总机：86（510）68798988 Tel：86（510）68798988 传真：86（510）68567788 Fax：86（510）68567788 电子信箱：[email protected] E-mail：[email protected] Auditor’s Report Su Gong W[2021]No. 443 To the Shareholders of Weifu High-Technology Group Co., Ltd.: I. Auditing opinions We have audited the financial statement under the name of Weifu High-Technology Group Co., Ltd. (hereinafter referred to as WFHT), including the consolidated and parent Company’s balance sheet of 31 December 2020 and profit statement, and cash flow statement, and statement on changes of shareholders’ equity for the year ended, and notes to the financial statements for the year ended. In our opinion, the Company’s financial statements have been prepared in accordance with the Enterprises Accounting Standards and Enterprises Accounting System, and they fairly present the financial status of the Company and of its parent company as of 31 December 2020 and its operation results and cash flows for the year ended. II. Basis of opinion We conducted our audit in accordance with the Auditing Standards for Certified Public Accountants of China. Our responsibilities under those standards are further described in the “Auditor’s Responsibilities for the Audit of the Financial Statements” section of the auditor’s report. We are independent of the Company in accordance with the Certified Public Accountants of China’s Code of Ethics for Professional Accountants, and we have fulfilled our other ethical responsibilities in accordance with the Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. III. Key audit matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Revenue recognition is the key audit matter that we identified in auditing. 1. Matter description As described in the 25. Revenue in Note III and 42. Operation revenue and operation cost in Note V carried in the financial statement, WFHT achieved an operation revenue of 12,883,826,300 Yuan for year of 2020, 46.67% increase over year of 2019. As one of the biggest source of profits for WFHT, operating revenue has a significant effect on the general financial statement, in which there are certain of inherent risks existed for the reason that the management manipulate the timing of recognition so as to achieve specific objectives or anticipations. Therefore, we will take the Revenue recognition as the key auditing matter. 2. The solution to the matter in auditing (1)The Company has tested the design and execution of key internal control related to revenue recycling so as to confirm the validity of internal control; (2) The Company should make sure whether the recognition condition and method of major operating revenue are compliance with the accounting standards for business enterprise; it also should pay an attention to that whether the cyclical and occasional revenue is compliance with the decided revenue recognition principle and methods; (3) Combining with status and data of the industry where WFHT is located, the Company should make a judgment on the rationality of fluctuation of the revenue composition; (4) The Company should carry out the procedure of account receivable and revenue letter of confirmation, and make a judgment on the rationality of the timing of revenue recognition; (5) Combining with the procedure of letter of confirmation, the Company should make a random inspection on sales contracts or orders, delivery lists, logistics bills, customs declaration, sales invoices, signing-off sheet and other documents related to revenue to verify the authenticity of revenue; (6) Referring to the recorded revenue before and after the Balance Sheet Date, the Company should select some samples and check out the supportive documents such as delivery lists, customs declaration and receipt forms to make a judgment on whether the income has been recorded at the appropriate accounting period. IV. Other information The management of WFHT is responsible for other information which includes the information covered in the Company’s 2020 annual report excluding the financial statement and our audit report. Our audit opinions on the financial statements do not cover other information, and we do not issue any form of authentication conclusions on other information. In combination with our audit of the financial statements, it is our responsibility to read other information and, in the process, consider whether there is material inconsistency or material misstatement between the other information and the financial statements or what we learned during the audit. Based on the work we have carried out, if we determine that there is a material misstatement of other information, we should report that fact and i this regard we have noting to report. V. Responsibilities of management and those charged with governance for the financial statements The management is responsible for the preparation of the financial statements in accordance with the Accounting Standards for Enterprise to secure a fair presentation, and for the design, establishment and maintenance of the internal control necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the management is responsible for assessing the Company’s ability to continue as a going concern, disclosing matters related to going concern (if applicable) and using the going concern assumption unless the management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Company’s financial reporting process. VI. Responsibilities of the auditor for the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audit report that includes our audit opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the CAS will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements. As part of an audit in accordance with the CAS, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: (1) Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for audit opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. (2) Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. (3) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management. (4) Conclude on the appropriateness of the management’s use of the going concern assumption and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required by the CAS to draw users’ attention in audit report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify audit opinion. Our conclusions are based on the information obtained up to the date of audit report. However, future events or conditions may cause the Company to cease to continue as a going concern. (5) Evaluate the overall presentation, structure and content of the financial statements, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. (6) Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express audit opinion on the financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide the governance with a statement of our compliance with the ethical requirements relating to our independence and communicate with the governance on all relationships and other matters that may reasonably be considered to affect our independence, as well we the relevant precautions (if applicable). From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in the auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in the auditor’s report because of the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication. Jiangsu Gongzheng Tianye CPA Chinese CPA: Bai Lingjing (Special General Partnership) (engagement partner) Wuxi China Chinese CPA: Zhang Qianqian 16 April 2021 Financial Statement Statement in Financial Notes are carried in RMB/CNY 1. Consolidated Balance Sheet Prepared by Weifu High-Technology Group Co., Ltd. December 31, 2020 In RMB Item December 31, 2020 December 31, 2019 Current assets: Monetary funds 1,963,289,832.33 1,596,893,711.87 Settlement provisions Capital lent Transaction financial assets 3,518,432,939.10 3,940,885,674.32 Derivative financial assets Note receivable 1,657,315,723.56 1,812,141,371.94 Account receivable 2,824,780,352.41 2,310,666,475.89 Receivable financing 1,005,524,477.88 23,873,317.86 Accounts paid in advance 151,873,357.76 139,241,917.78 Insurance receivable Reinsurance receivables Contract reserve of reinsurance receivable Other account receivable 54,209,580.88 43,730,023.31 Including: Interest receivable 655,052.98 Dividend receivable 49,000,000.00 1,070,000.00 Buying back the sale of financial assets Inventories 2,877,182,174.64 2,418,744,835.82 Contractual assets Assets held for sale Non-current asset due within one year Other current assets 2,137,921,113.61 1,012,055,605.74 Total current assets 16,190,529,552.17 13,298,232,934.53 Non-current assets: Loans and payments on behalf Debt investment Other debt investment Long-term account receivable Long-term equity investment 4,801,488,290.97 5,322,405,953.35 Investment in other equity instrument 285,048,000.00 285,048,000.00 Other non-current financial assets 1,805,788,421.00 1,043,589,987.43 Investment real estate 20,886,681.62 22,410,511.87 Fixed assets 2,882,230,191.08 2,845,176,078.20 Construction in progress 243,795,493.04 247,857,777.25 Productive biological asset Oil and gas asset Right-of-use assets Intangible assets 454,412,947.69 430,594,372.12 Expense on Research and Development Goodwill 257,800,696.32 1,784,086.79 Long-term expenses to be apportioned 15,062,171.09 18,536,000.25 Deferred income tax asset 198,393,501.50 212,476,501.54 Other non-current asset 195,259,441.73 230,235,982.45 Total non-current asset 11,160,165,836.04 10,660,115,251.25 Total assets 27,350,695,388.21 23,958,348,185.78 Current liabilities: Short-term loans 302,238,600.05 312,153,969.81 Loan from central bank Capital borrowed Trading financial liability Derivative financial liability Note payable 2,462,592,372.82 1,745,218,439.52 Account payable 4,100,984,240.39 3,312,254,229.84 Accounts received in advance 4,071,236.87 113,737,432.61 Contractual liability 81,717,387.25 Selling financial asset of repurchase Absorbing deposit and interbank deposit Security trading of agency Security sales of agency Wage payable 332,421,811.82 314,343,737.66 Taxes payable 67,493,690.29 129,538,411.86 Other account payable 361,556,257.42 65,266,262.39 Including: Interest payable 4,862.22 Dividend payable Commission charge and commission payable Reinsurance payable Liability held for sale Non-current liabilities due within one year 36,914,242.02 Other current liabilities 222,871,087.33 Total current liabilities 7,972,860,926.26 5,992,512,483.69 Non-current liabilities: Insurance contract reserve Long-term loans 3,050,640.97 Bonds payable Including: Preferred stock Perpetual capital securities Lease liability Long-term account payable 39,479,218.17 35,108,263.11 Long-term wages payable 181,980,293.94 58,392,053.61 Accrual liability Deferred income 328,204,476.73 365,116,022.98 Deferred income tax liabilities 30,653,933.12 22,566,051.72 Other non-current liabilities Total non-current liabilities 583,368,562.93 481,182,391.42 Total liabilities 8,556,229,489.19 6,473,694,875.11 Owner’s equity: Share capital 1,008,950,570.00 1,008,950,570.00 Other equity instrument Including: Preferred stock Perpetual capital securities Capital public reserve 3,294,242,368.28 3,391,527,806.33 Less: Inventory shares 303,627,977.74 Other comprehensive income 13,916,619.47 134,871.67 Reasonable reserve 2,333,490.03 3,247,757.06 Surplus public reserve 510,100,496.00 510,100,496.00 Provision of general risk Retained profit 13,756,102,424.62 12,076,443,635.56 Total owner’ s equity attributable to parent company 18,282,017,990.66 16,990,405,136.62 Minority interests 512,447,908.36 494,248,174.05 Total owner’ s equity 18,794,465,899.02 17,484,653,310.67 Total liabilities and owner’ s equity 27,350,695,388.21 23,958,348,185.78 Legal Representative: Wang Xiaodong Person in charge of accounting works: Ou Jianbin Person in charge of accounting institute: Ou Jianbin 2. Balance Sheet of Parent Company In RMB Item December 31, 2020 December 31, 2019 Current assets: Monetary funds 1,157,684,053.05 965,770,877.82 Trading financial assets 3,452,348,980.19 3,758,789,072.68 Derivative financial assets Note receivable 422,246,979.39 202,403,993.13 Account receivable 982,782,279.22 768,500,929.93 Receivable financing Accounts paid in advance 75,650,090.49 89,116,730.45 Other account receivable 197,335,714.63 250,014,956.74 Including: Interest receivable 897,777.78 804,929.68 Dividend receivable 1,070,000.00 Inventories 725,276,241.43 565,144,234.49 Contractual assets Assets held for sale Non-current assets maturing within one year Other current assets 2,057,772,839.50 938,616,881.51 Total current assets 9,071,097,177.90 7,538,357,676.75 Non-current assets: Debt investment Other debt investment Long-term receivables Long-term equity investments 5,978,128,303.88 6,331,363,630.04 Investment in other equity instrument 209,108,000.00 209,108,000.00 Other non-current financial assets 1,805,788,421.00 1,043,589,987.43 Investment real estate Fixed assets 1,758,198,856.53 1,646,333,216.50 Construction in progress 154,741,266.85 136,573,912.28 Productive biological assets Oil and natural gas assets Right-of-use assets Intangible assets 208,112,706.57 203,663,423.60 Research and development costs Goodwill Long-term deferred expenses Deferred income tax assets 76,508,392.85 105,137,877.84 Other non-current assets 117,013,906.01 172,646,721.05 Total non-current assets 10,307,599,853.69 9,848,416,768.74 Total assets 19,378,697,031.59 17,386,774,445.49 Current liabilities Short-term borrowings 102,088,888.89 116,126,459.33 Trading financial liability Derivative financial liability Notes payable 448,901,718.36 284,054,137.00 Account payable 1,265,845,068.26 930,273,146.35 Accounts received in advance 12,010,730.30 Contractual liability 6,209,575.73 Wage payable 216,870,819.60 213,626,754.45 Taxes payable 32,974,322.59 56,540,307.59 Other accounts payable 339,096,991.12 11,976,576.21 Including: Interest payable Dividend payable Liability held for sale Non-current liabilities due within one year Other current liabilities 182,611,991.54 Total current liabilities 2,594,599,376.09 1,624,608,111.23 Non-current liabilities: Long-term loans Bonds payable Including: preferred stock Perpetual capital securities Lease liability Long-term account payable Long term employee compensation payable 176,245,345.03 50,058,386.76 Accrued liabilities Deferred income 285,714,239.98 322,971,778.82 Deferred income tax liabilities Other non-current liabilities Total non-current liabilities 461,959,585.01 373,030,165.58 Total liabilities 3,056,558,961.10 1,997,638,276.81 Owners’ equity: Share capital 1,008,950,570.00 1,008,950,570.00 Other equity instrument Including: preferred stock Perpetual capital securities Capital public reserve 3,407,732,016.61 3,488,221,286.39 Less: Inventory shares 303,627,977.74 Other comprehensive income Special reserve Surplus reserve 510,100,496.00 510,100,496.00 Retained profit 11,698,982,965.62 10,381,863,816.29 Total owner’s equity 16,322,138,070.49 15,389,136,168.68 Total liabilities and owner’s equity 19,378,697,031.59 17,386,774,445.49 3. Consolidated Profit Statement In RMB Item 2020 2019 I. Total operating income 12,883,826,306.60 8,784,356,960.30 Including: Operating income 12,883,826,306.60 8,784,356,960.30 Interest income Insurance gained Commission charge and commission income II. Total operating cost 12,193,088,999.51 7,870,700,853.45 Including: Operating cost 10,429,284,441.97 6,670,354,380.54 Interest expense Commission charge and commission expense Cash surrender value Net amount of expense of compensation Net amount of withdrawal of insurance contract reserve Bonus expense of guarantee slip Reinsurance expense Tax and extras 65,323,781.87 66,634,636.66 Sales expense 406,353,445.10 259,650,752.33 Administrative expense 782,824,422.63 514,028,451.76 R&D expense 532,581,209.78 417,924,908.28 Financial expense -23,278,301.84 -57,892,276.12 Including: Interest expenses 11,466,886.33 21,770,516.39 Interest income 51,622,216.58 79,299,239.77 Add: other income 80,342,497.11 91,170,663.57 Investment income (Loss is listed with “-”) 1,964,805,688.57 1,614,540,714.83 Including: Investment income on affiliated company and joint venture 1,659,752,704.14 1,378,264,061.18 The termination of income recognition for financial assets measured by amortized cost(Loss is listed with “-”) -946,468.33 -2,214,159.11 Exchange income (Loss is listed with “-”) Net exposure hedging income (Loss is listed with “-”) Income from change of fair value (Loss is listed with “-”) 383,325,765.19 25,019,666.32 Loss of credit impairment (Loss is listed with “-”) -11,184,647.60 -52,825,875.25 Losses of devaluation of asset (Loss is listed with “-”) -178,837,472.85 -169,460,299.73 Income from assets disposal (Loss is listed with “-”) 11,454,408.60 32,154,460.21 III. Operating profit (Loss is listed with “-”) 2,940,643,546.11 2,454,255,436.80 Add: Non-operating income 66,467,021.62 2,413,561.54 Less: Non-operating expense 4,158,888.17 6,126,427.17 IV. Total profit (Loss is listed with “-”) 3,002,951,679.56 2,450,542,571.17 Less: Income tax expense 180,215,749.00 147,805,810.06 V. Net profit (Net loss is listed with “-”) 2,822,735,930.56 2,302,736,761.11 (i) Classify by business continuity 1.continuous operating net profit (net loss listed with ‘-”) 2,822,735,930.56 2,302,736,761.11 2.termination of net profit (net loss listed with ‘-”) (ii) Classify by ownership 1.Net profit attributable to owner’s of parent company 2,772,769,377.96 2,268,026,432.78 2.Minority shareholders’ gains and losses 49,966,552.60 34,710,328.33 VI. Net after-tax of other comprehensive income 13,839,596.07 203,603.86 Net after-tax of other comprehensive income attributable to owners of parent company 13,781,747.80 134,871.67 (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss 1.Changes of the defined benefit plans that re-measured 2.Other comprehensive income under equity method that cannot be transfer to gain/loss 3.Change of fair value of investment in other equity instrument 4.Fair value change of enterprise's credit risk 5. Other (ii) Other comprehensive income items which will be reclassified subsequently to profit or loss 13,781,747.80 134,871.67 1.Other comprehensive income under equity method that can transfer to gain/loss 2.Change of fair value of other debt investment 3.Amount of financial assets re-classify to other comprehensive income 4.Credit impairment provision for other debt investment 5.Cash flow hedging reserve 6.Translation differences arising on translation of foreign currency financial statements 13,781,747.80 134,871.67 7.Other Net after-tax of other comprehensive income attributable to minority shareholders 57,848.27 68,732.19 VII. Total comprehensive income 2,836,575,526.63 2,302,940,364.97 Total comprehensive income attributable to owners of parent Company 2,786,551,125.76 2,268,161,304.45 Total comprehensive income attributable to minority shareholders 50,024,400.87 34,779,060.52 VIII. Earnings per share: (i) Basic earnings per share 2.79 2.25 (ii) Diluted earnings per share 2.79 2.25 As for the enterprise combined under the same control, net profit of 0 Yuan achieved by the merged party before combination while 0 Yuan achieved last period Legal Representative: Wang Xiaodong Person in charge of accounting works: Ou Jianbin Person in charge of accounting institute: Ou Jianbin 4. Profit Statement of Parent Company In RMB Item 2020 2019 I. Operating income 4,536,417,803.79 3,832,925,360.42 Less: Operating cost 3,236,311,612.73 2,641,612,915.27 Taxes and surcharge 38,086,034.27 31,863,942.28 Sales expenses 126,442,956.05 52,567,986.14 Administration expenses 533,649,297.97 292,983,915.45 R&D expenses 205,001,982.50 197,574,348.21 Financial expenses -34,275,071.44 -71,470,479.91 Including: interest expenses 4,163,923.00 6,984,512.71 Interest income 40,948,820.72 74,450,739.86 Add: other income 58,782,085.85 67,874,015.41 Investment income (Loss is listed with “-”) 1,816,759,403.42 1,646,209,064.39 Including: Investment income on affiliated Company and joint venture 1,457,471,604.06 1,310,687,436.86 The termination of income recognition for financial assets measured by amortized cost (Loss is listed with “-”) Net exposure hedging income (Loss is listed with “-”) Changing income of fair value (Loss is listed with “-”) 383,241,806.28 22,923,064.68 Loss of credit impairment (Loss is listed with “-”) 2,076,529.99 -6,132,833.36 Losses of devaluation of asset (Loss is listed with “-”) -82,232,381.43 -43,916,712.41 Income on disposal of assets (Loss is listed with “-”) -520,470.69 1,887,302.76 II. Operating profit (Loss is listed with “-”) 2,609,307,965.13 2,376,636,634.45 Add: Non-operating income 30,937,706.44 562,276.63 Less: Non-operating expense 3,493,103.39 3,810,717.52 III. Total Profit (Loss is listed with “-”) 2,636,752,568.18 2,373,388,193.56 Less: Income tax 162,713,161.17 143,606,161.28 IV. Net profit (Net loss is listed with “-”) 2,474,039,407.01 2,229,782,032.28 (i)continuous operating net profit (net loss listed with ‘-”) 2,474,039,407.01 2,229,782,032.28 (ii) termination of net profit (net loss listed with ‘-”) V. Net after-tax of other comprehensive income (I) Other comprehensive income items which will not be reclassified subsequently to profit of loss 1.Changes of the defined benefit plans that re-measured 2.Other comprehensive income under equity method that cannot be transfer to gain/loss 3.Change of fair value of investment in other equity instrument 4.Fair value change of enterprise's credit risk 5. Other (II) Other comprehensive income items which will be reclassified subsequently to profit or loss 1.Other comprehensive income under equity method that can transfer to gain/loss 2.Change of fair value of other debt investment 3.Amount of financial assets re-classify to other comprehensive income 4.Credit impairment provision for other debt investment 5.Cash flow hedging reserve 6.Translation differences arising on translation of foreign currency financial statements 7.Other VI. Total comprehensive income 2,474,039,407.01 2,229,782,032.28 VII. Earnings per share: (i) Basic earnings per share (ii) Diluted earnings per share 5. Consolidated Cash Flow Statement In RMB Item 2020 2019 I. Cash flows arising from operating activities: Cash received from selling commodities and providing labor services 11,908,396,653.71 8,145,939,987.84 Net increase of customer deposit 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 Cash received from interest, commission charge and commission Net increase of capital borrowed Net increase of returned business capital Net cash received by agents in sale and purchase of securities Write-back of tax received 32,138,413.08 51,722,970.47 Other cash received concerning operating activities 102,573,818.52 143,912,897.80 Subtotal of cash inflow arising from operating activities 12,043,108,885.31 8,341,575,856.11 Cash paid for purchasing commodities and receiving labor service 8,277,296,527.38 5,020,827,379.58 Net increase of customer loans and advances Net increase of deposits in central bank and interbank Cash paid for original insurance contract compensation Net increase of capital lent Cash paid for interest, commission charge and commission Cash paid for bonus of guarantee slip Cash paid to/for staff and workers 1,295,921,487.63 1,222,358,828.87 Taxes paid 788,150,479.38 501,167,008.38 Other cash paid concerning operating activities 899,929,156.91 548,552,586.05 Subtotal of cash outflow arising from operating activities 11,261,297,651.30 7,292,905,802.88 Net cash flows arising from operating activities 781,811,234.01 1,048,670,053.23 II. Cash flows arising from investing activities: Cash received from recovering investment 8,051,178,224.52 11,384,917,612.00 Cash received from investment income 2,462,910,424.30 1,230,657,039.85 Net cash received from disposal of fixed, intangible and other long-term assets 42,851,678.36 147,609,697.19 Net cash received from disposal of subsidiaries and other units Other cash received concerning investing activities 65,102,250.70 70,025,432.83 Subtotal of cash inflow from investing activities 10,622,042,577.88 12,833,209,781.87 Cash paid for purchasing fixed, intangible and other long-term assets 492,683,539.12 589,522,818.28 Cash paid for investment 9,246,030,000.00 13,384,156,157.81 Net increase of mortgaged loans Net cash received from subsidiaries and other units obtained 297,302,758.31 49,930,740.75 Other cash paid concerning investing activities 14,579,308.94 25,115,357.50 Subtotal of cash outflow from investing activities 10,050,595,606.37 14,048,725,074.34 Net cash flows arising from investing activities 571,446,971.51 -1,215,515,292.47 III. Cash flows arising from financing activities Cash received from absorbing investment 312,640,853.85 14,022,428.73 Including: Cash received from absorbing minority shareholders’ investment by subsidiaries 10,161,653.85 14,022,428.73 Cash received from loans 395,691,406.43 809,517,778.36 Other cash received concerning financing activities 5,730,135.13 845,291.11 Subtotal of cash inflow from financing activities 714,062,395.41 824,385,498.20 Cash paid for settling debts 371,154,665.80 841,746,769.02 Cash paid for dividend and profit distributing or interest paying 1,120,464,009.41 1,258,933,561.00 Including: Dividend and profit of minority shareholder paid by subsidiaries 15,748,768.80 26,271,705.11 Other cash paid concerning financing activities 449,251,421.46 146,064,936.00 Subtotal of cash outflow from financing activities 1,940,870,096.67 2,246,745,266.02 Net cash flows arising from financing activities -1,226,807,701.26 -1,422,359,767.82 IV. Influence on cash and cash equivalents due to fluctuation in exchange rate -2,003,139.41 5,029,521.42 V. Net increase of cash and cash equivalents 124,447,364.85 -1,584,175,485.64 Add: Balance of cash and cash equivalents at the period -begin 820,498,653.85 2,404,674,139.49 VI. Balance of cash and cash equivalents at the period -end 944,946,018.70 820,498,653.85 6. Cash Flow Statement of Parent Company （未完）  |