方大Ｂ(200055):2022年半年度财务报告（英文版）

时间：2022年08月29日 20:01:50 中财网

原标题:方大Ｂ:2022年半年度财务报告（英文版）

China Fangda Group Co., Ltd.
CHINA FANGDA GROUP CO., LTD.





2022 Financial Statements




August 2022

I. Auditor's report
Whether the interim report is audited
□ Yes ? No
The financial statements for H1 2014 have not been audited. II. Financial statements
Unit for statements in notes to financial statements: RMB yuan 1. Consolidated Balance Sheet
Prepared by: China Fangda Group Co., Ltd.
June 30, 2022
In RMB

Item	June 30, 2022	January 1, 2022
Current asset:
Monetary capital	1,031,315,109.82	1,287,563,759.32
Settlement provision
Outgoing call loan
Transactional financial assets	32,133,168.82	25,135,241.89
Derivative financial assets	1,768,884.99	1,069,587.62
Notes receivable	157,195,531.26	166,377,880.01
Account receivable	555,641,568.67	556,453,824.20
Receivable financing	19,031,714.87	4,263,500.00
Prepayment	23,250,383.96	23,022,485.03
Insurance receivable
Reinsurance receivable
Provisions of Reinsurance contracts receivable
Other receivables	179,462,261.72	165,093,406.23
Including: interest receivable
Dividend receivable
Repurchasing of financial assets
Inventory	718,612,534.55	733,280,924.98
Contract assets	2,047,054,849.24	1,782,947,673.13
Assets held for sales
Non-current assets due in 1 year
Other current assets	369,087,895.76	264,786,506.29
Total current assets	5,134,553,903.66	5,009,994,788.70
Non-current assets:
Loan and advancement provided
Debt investment
Other debt investment
Long-term receivables
Long-term share equity investment	55,185,971.99	55,218,946.14
Investment in other equity tools	14,180,652.65	14,180,652.65
Other non-current financial assets	7,504,750.83	7,525,408.24
Investment real estate	5,763,260,414.20	5,765,352,393.13
Fixed assets	681,823,427.57	663,414,297.61
Construction in process	2,839,581.23	11,642,444.21
Productive biological assets
Gas & petrol
Use right assets	25,002,936.05	31,440,856.54
Intangible assets	73,780,578.87	75,199,712.83
R&D expense
Goodwill
Long-term amortizable expenses	5,509,790.78	5,388,770.22
Deferred income tax assets	222,694,829.06	214,123,733.00
Other non-current assets	425,168,945.51	407,856,515.39
Total of non-current assets	7,276,951,878.74	7,251,343,729.96
Total of assets	12,411,505,782.40	12,261,338,518.66
Current liabilities
Short-term loans	1,622,891,137.62	1,287,474,398.65
Loans from Central Bank
Call loan received
Transactional financial liabilities
Derivative financial liabilities	1,840,691.89	11,871.20
Notes payable	729,693,080.61	849,445,299.09
Account payable	1,297,629,112.02	1,343,123,485.97
Prepayment received	2,850,390.49	1,280,482.93
Contract liabilities	172,157,564.27	180,186,877.15
Selling of repurchased financial assets
Deposit received and held for others
Entrusted trading of securities
Entrusted selling of securities
Employees' wage payable	32,750,268.63	69,071,013.95
Taxes payable	64,570,722.30	67,280,647.22
Other payables	114,272,250.22	126,903,098.08
Including: interest payable
Dividend payable
Fees and commissions payable
Reinsurance fee payable
Liabilities held for sales
Non-current liabilities due in 1 year	81,922,494.73	78,418,557.76
Other current liabilities	58,546,129.52	48,098,361.77
Total current liabilities	4,179,123,842.30	4,051,294,093.77
Non-current liabilities:
Insurance contract provision
Long-term loans	1,298,500,000.00	1,333,500,000.00
Bond payable
Including: preferred stock
Perpetual bond
Lease liabilities	15,837,405.86	19,152,093.31
Long-term payable	190,640,219.18	183,640,219.18
Long-term employees' wage payable
Anticipated liabilities	3,052,064.92	6,347,809.40
Deferred earning	9,283,203.02	9,566,525.60
Deferred income tax liabilities	1,063,619,814.66	1,066,631,858.80
Other non-current liabilities
Total of non-current liabilities	2,580,932,707.64	2,618,838,506.29
Total liabilities	6,760,056,549.94	6,670,132,600.06
Owner's equity:
Share capital	1,073,874,227.00	1,073,874,227.00
Other equity tools
Including: preferred stock
Perpetual bond
Capital reserves	11,459,588.40	11,459,588.40
Less: Shares in stock
Other miscellaneous income	34,875,541.51	35,325,871.78
Special reserves
Surplus reserve	79,324,940.43	79,324,940.43
Common risk provisions
Retained profit	4,383,046,821.75	4,324,055,259.33
Total of owner's equity belong to the parent company	5,582,581,119.09	5,524,039,886.94
Minor shareholders' equity	68,868,113.37	67,166,031.66
Total of owners' equity	5,651,449,232.46	5,591,205,918.60
Total of liabilities and owner's interest	12,411,505,782.40	12,261,338,518.66

Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua 2. Balance Sheet of the Parent Company

Item	June 30, 2022	January 1, 2022
Current asset:
Monetary capital	162,952,516.84	111,848,536.84
Transactional financial assets
Derivative financial assets
Notes receivable
Account receivable	790,774.65	585,936.30
Receivable financing
Prepayment	101,866.62	212,807.30
Other receivables	1,821,626,998.78	1,276,731,665.95
Including: interest receivable
Dividend receivable
Inventory
Contract assets
Assets held for sales
Non-current assets due in 1 year
Other current assets	999,205.42	1,460,846.55
Total current assets	1,986,471,362.31	1,390,839,792.94
Non-current assets:
Debt investment
Other debt investment
Long-term receivables
Long-term share equity investment	1,196,831,253.00	1,196,831,253.00
Investment in other equity tools	14,180,652.65	14,180,652.65
Other non-current financial assets	30,000,001.00	30,000,001.00
Investment real estate	329,471,982.00	329,471,982.00
Fixed assets	69,846,546.46	71,830,252.61
Construction in process
Productive biological assets
Gas & petrol
Use right assets	13,910,463.05	17,224,771.47
Intangible assets	1,136,656.32	1,219,737.85
R&D expense
Goodwill
Long-term amortizable expenses	89,888.18	218,563.44
Deferred income tax assets	28,793,169.88	27,079,997.63
Other non-current assets
Total of non-current assets	1,684,260,612.54	1,688,057,211.65
Total of assets	3,670,731,974.85	3,078,897,004.59
Current liabilities
Short-term loans	300,052,500.00	300,351,666.67
Transactional financial liabilities
Derivative financial liabilities
Notes payable
Account payable	1,115,393.82	606,941.85
Prepayment received	832,154.41	858,019.63
Contract liabilities
Employees' wage payable	1,536,881.97	3,909,857.23
Taxes payable	861,765.79	3,447,040.12
Other payables	892,974,754.71	233,531,740.37
Including: interest payable
Dividend payable
Liabilities held for sales
Non-current liabilities due in 1 year	3,532,955.72	4,264,397.66
Other current liabilities
Total current liabilities	1,200,906,406.42	546,969,663.53
Non-current liabilities:
Long-term loans
Bond payable
Including: preferred stock
Perpetual bond
Lease liabilities	11,228,293.71	13,560,947.50
Long-term payable
Long-term employees' wage payable
Anticipated liabilities
Deferred earning
Deferred income tax liabilities	74,263,872.99	74,447,416.01
Other non-current liabilities
Total of non-current liabilities	85,492,166.70	88,008,363.51
Total liabilities	1,286,398,573.12	634,978,027.04
Owner's equity:
Share capital	1,073,874,227.00	1,073,874,227.00
Other equity tools
Including: preferred stock
Perpetual bond
Capital reserves	360,835.52	360,835.52
Less: Shares in stock
Other miscellaneous income	-520,786.11	-520,786.11
Special reserves
Surplus reserve	79,324,940.43	79,324,940.43
Retained profit	1,231,294,184.89	1,290,879,760.71
Total of owners' equity	2,384,333,401.73	2,443,918,977.55
Total of liabilities and owner's interest	3,670,731,974.85	3,078,897,004.59

3. Consolidated Income Statement
In RMB

Item	H1 2022	H1 2021
1. Total revenue	1,613,063,315.30	1,568,778,834.98
Incl. Business income	1,613,063,315.30	1,568,778,834.98
Interest income
Insurance fee earned
Fee and commission received
2. Total business cost	1,492,648,248.55	1,464,915,772.96
Incl. Business cost	1,259,515,842.60	1,208,641,803.18
Interest expense
Fee and commission paid
Insurance discharge payment
Net claim amount paid
Net insurance policy responsibility reserves provided
Insurance policy dividend paid
Reinsurance expenses
Taxes and surcharges	23,203,954.56	35,853,693.88
Sales expense	23,296,105.78	25,434,914.81
Administrative expense	74,193,251.57	69,502,453.93
R&D cost	72,809,311.17	78,645,594.86
Financial expenses	39,629,782.88	46,837,312.30
Including: interest cost	50,244,714.46	43,637,100.05
Interest income	19,918,179.96	6,976,161.44
Add: other gains	6,768,907.75	6,607,058.06
Investment gains (“-” for loss)	4,595,678.43	-532,743.54
Incl. Investment gains from affiliates and joint ventures	-32,974.15	-452,893.65
Financial assets derecognised as a result of amortized cost	-1,859,057.85	-3,032,899.72
Exchange gains ("-" for loss)
Net open hedge gains (“-” for loss)
Gains from change of fair value (“-“ for loss)	1,180,840.01	172,829.74
Credit impairment ("-" for loss)	25,016,298.34	19,853,416.06
Investment impairment loss ("-" for loss)	-27,659,612.75	3,466,913.89
Investment gains ("-" for loss)	-815,581.50	- 2 ,027,304.03
3. Operational profit ("-" for loss)	129,501,597.03	131,403,232.20
Plus: non-operational income	446,386.82	1 , 2 01 ,106.46
Less: non-operational expenditure	2,578,001.31	3 ,480,374.51
4. Gross profit ("-" for loss)	127,369,982.54	129,123,964.15
Less: Income tax expenses	13,005,121.74	13,936,493.66
5. Net profit ("-" for net loss)	114,364,860.80	115,187,470.49
(1) By operating consistency
1. Net profit from continuous operation ("-" for net loss)	114,364,860.80	115,187,470.49
2. Net profit from discontinuous operation ("-" for net loss)
(2) By ownership
1. Net profit attributable to the owners of parent company	112,685,273.77	111,488,701.33
2. Minor shareholders' equity	1,679,587.03	3,698,769.16
6. After-tax net amount of other misc. incomes	-427,835.59	-24,854.15
After-tax net amount of other misc. incomes attributed to parent's owner	-450,330.27	-1,460.74
(1) Other misc. incomes that cannot be re-classified into gain and loss		-229,678.59
1. Re-measure the change in the defined benefit plan
2. Other comprehensive income that cannot be transferred to profit or loss under the equity method
3. Fair value change of investment in other equity tools		-229,678.59
4. Fair value change of the Company's credit risk
5. Others
(2) Other misc. incomes that will be re-classified into gain and loss	-450,330.27	228,217.85
1. Other comprehensive income that can be transferred to profit or loss under the equity method
2. Fair value change of other debt investment
3. Gains and losses from changes in fair value of available-for-sale financial assets
4. Other credit investment credit impairment provisions
5. Cash flow hedge reserve	-960,094.83	-785,690.88
6. Translation difference of foreign exchange statement	509,764.56	-495,193.96
7. Others		1,509,102.69
After-tax net of other misc. income attributed to minority shareholders	22,494.68	-23,393.41
7. Total of misc. incomes	113,937,025.21	115,162,616.34
Total of misc. incomes attributable to the owners of the parent company	112,234,943.50	111,487,240.59
Total misc gains attributable to the minor shareholders	1,702,081.71	3,675,375.75
8. Earnings per share:
(1) Basic earnings per share	0.10	0.10
(2) Diluted earnings per share	0.10	0.10

Net profit contributed by entities merged under common control in the report period was RMB0.00, net
profit realized by parties merged during the previous period is RMB0.00. Legal representative: Xiong Jianming CFO: Lin Kebing Accounting Manager: Wu Bohua 4. Income Statement of the Parent Company
In RMB

Item	H1 2022	H1 2021
1. Turnover	14,705,232.50	12,068,999.58
Less: Operation cost	418,824.01	89,904.13
Taxes and surcharges	655,596.71	664,469.85
Sales expense
Administrative expense	15,050,027.61	13,509,831.81
R&D cost
Financial expenses	6,762,805.90	7,575,722.85
Including: interest cost	5,419,166.67	7,449,236.11
Interest income	216,667.03	407,702.78
Add: other gains	72,308.39	85,100.49
Investment gains (“-” for loss)	431,992.15	33,976,138.71
Incl. Investment gains from affiliates and joint ventures
Financial assets derecognised as a result of amortized cost ("-" for loss)
Net open hedge gains (“-” for loss)
Gains from change of fair value (“-“ for loss)
Credit impairment ("-" for loss)	-12,016.02	-3,239.44
Investment impairment loss ("-" for loss)
Investment gains ("-" for loss)	-26,723.69	-460.17
2. Operational profit (“-” for loss)	-7,716,460.90	24,286,610.53
Plus: non-operational income	0.84	32,837.61
Less: non-operational expenditure	47,636.27	101,429.05
3. Gross profit ("-" for loss)	-7,764,096.33	24,218,019.09
Less: Income tax expenses	-1,872,231.86	-2,200,178.64
4. Net profit (“-” for net loss)	-5,891,864.47	26,418,197.73
(1) Net profit from continuous operation ("-" for net loss)	-5,891,864.47	26,418,197.73
(2) Net profit from discontinuous operation ("-" for net loss)
5. After-tax net amount of other misc. incomes		1,509,102.69
(1) Other misc. incomes that cannot be re-classified into gain and loss
1. Re-measure the change in the defined benefit plan
2. Other comprehensive income that cannot be transferred to profit or loss under the equity method
3. Fair value change of investment in other equity tools
4. Fair value change of the Company's credit risk
5. Others
(2) Other misc. incomes that will be re-classified into gain and loss		1,509,102.69
1. Other comprehensive income that can be transferred to profit or loss under the equity method
2. Fair value change of other debt investment
3. Gains and losses from changes in fair value of available-for-sale financial assets
4. Other credit investment credit impairment provisions
5. Cash flow hedge reserve
6. Translation difference of foreign exchange statement
7. Others		1,509,102.69
6. Total of misc. incomes	-5,891,864.47	27,927,300.42
7. Earnings per share:
(1) Basic earnings per share
(2) Diluted earnings per share

5. Consolidated Cash Flow Statement
In RMB

Item	H1 2022	H1 2021
1. Net cash flow from business operations:
Cash received from sales of products and providing of services	1,404,641,263.99	1 ,573,340,053.10
Net increase of customer deposits and capital kept for brother company
Net increase of loans from central bank
Net increase of inter-bank loans from other financial bodies
Cash received against original insurance contract
Net cash received from reinsurance business
Net increase of client deposit and investment
Cash received as interest, processing fee, and commission
Net increase of inter-bank fund received
Net increase of repurchasing business
Net cash received from trading securities
Tax refunded	13,589,221.42	16,480,293.15
Other cash received from business operation	101,615,328.20	91,747,818.37
Sub-total of cash inflow from business operations	1,519,845,813.61	1,681,568,164.62
Cash paid for purchasing products and services	1,218,828,059.03	1,361,468,797.85
Net increase of client trade and advance
Net increase of savings in central bank and brother company
Cash paid for original contract claim
Net increase in funds
dismantled
Cash paid for interest, processing fee and commission
Cash paid for policy dividend
Cash paid to and for the staff	224,849,803.47	1 9 6,896,028.86
Taxes paid	88,742,682.58	4 3 1 , 724,633.10
Other cash paid for business activities	294,006,061.57	1 9 2,403,249.81
Sub-total of cash outflow from business operations	1,826,426,606.65	2 ,182,492,709.62
Cash flow generated by business operations, net	-306,580,793.04	- 500,924,545.00
2. Cash flow generated by investment:
Cash received from investment recovery	2,282,234,066.40	2,224,594,891.08
Cash received as investment profit	2,513,790.26	2,754,435.58
Net cash retrieved from disposal of fixed assets, intangible assets, and other long-term assets	2,041,120.00	332,717.49
Net cash received from disposal of subsidiaries or other operational units
Other investment-related cash received
Sub-total of cash inflow generated from investment	2,286,788,976.66	2,227,682,044.15
Cash paid for construction of fixed assets, intangible assets and other long-term assets	19,887,603.68	54,321,772.94
Cash paid as investment	2,389,975,144.00	2,167,460,000.00
Net increase of loan against pledge
Net cash paid for acquiring subsidiaries and other operational units		125,388,100.00
Other cash paid for investment		1,323,355.15
Subtotal of cash outflows	2,409,862,747.68	2,348,493,228.09
Cash flow generated by investment activities, net	-123,073,771.02	-120,811,183.94
3. Cash flow generated by financing activities:
Cash received from investment
Incl. Cash received from investment attracted by subsidiaries from minority shareholders
Cash received from borrowed loans	1,168,411,688.20	1,220,000,000.00
Other cash received from financing activities
Subtotal of cash inflow from financing activities	1,168,411,688.20	1,220,000,000.00
Cash paid to repay debts	328,500,000.00	445,249,952.00
Cash paid as dividend, profit, or interests	102,751,331.27	64,069,929.56
Incl. Dividend and profit paid by subsidiaries to minority shareholders		4,560,100.00
Other cash paid for financing activities	609,596,798.70	5 2 9,360,479.34
Subtotal of cash outflow from financing activities	1,040,848,129.97	1 ,038,680,360.90
Net cash flow generated by financing activities	127,563,558.23	1 8 1,319,639.10
4. Influence of exchange rate changes on cash and cash equivalents	3,757,947.63	- 6 71 ,353.77
5. Net increase in cash and cash equivalents	-298,333,058.20	- 441,087,443.61
Plus: Balance of cash and cash equivalents at the beginning of term	892,251,071.59	1,028,386,529.73
6. Balance of cash and cash equivalents at the end of the period	593,918,013.39	5 87,299,086.12

6. Cash Flow Statement of the Parent Company （未完）