古井贡Ｂ(200596):2023年半年度财务报告（英文版）

时间：2023年08月30日 19:38:11 中财网

原标题:古井贡Ｂ:2023年半年度财务报告（英文版）

ANHUI GUJING DISTILLERY COMPANY LIMITED
SEMI-ANNUAL FINANCIAL REPORT 2023







August 2023



I Independent Auditor’s Report
Are these interim financial statements audited by an independent auditor? □ Yes ? No
These interim financial statements have not been audited by an independent auditor. II Financial Statements
Currency unit for the financial statements and the notes thereto: RMB 1. Consolidated Balance Sheet
Prepared by Anhui Gujing Distillery Company Limited
30 June 2023
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	16,852,310,217.36	13,772,561,141.30
Settlement reserve
Interbank loans granted
Held-for-trading financial assets	1,790,678,478.17	1,782,687,769.66
Derivative financial assets
Notes receivable
Accounts receivable	101,188,559.18	62,688,668.94
Accounts receivable financing	835,279,520.98	217,419,441.32
Prepayments	98,003,390.46	233,995,661.69
Premiums receivable
Reinsurance receivables
Receivable reinsurance contract reserve
Other receivables	65,401,034.51	73,337,415.74
Including: Interest receivable
Dividends receivable
Financial assets purchased under resale agreements
Inventories	6,175,047,719.12	6,058,106,090.88
Contract assets	546,215.81	1,855,188.15
Assets held for sale
Current portion of non-current assets
Other current assets	106,351,403.36	125,568,725.51
Total current assets	26,024,806,538.95	22,328,220,103.19
Non-current assets:

Loans and advances to customers
Investments in debt obligations
Investments in other debt obligations
Long-term receivables
Long-term equity investments	10,200,382.24	10,154,235.98
Investments in other equity instruments	60,753,939.28	56,447,789.94
Other non-current financial assets
Investment property	48,535,817.21	13,396,881.96
Fixed assets	2,917,327,570.54	2,741,844,586.30
Construction in progress	3,007,948,340.56	2,454,703,251.44
Productive living assets
Oil and gas assets
Right-of-use assets	25,290,923.22	32,562,171.10
Intangible assets	1,118,011,558.93	1,108,125,157.05
Development costs
Goodwill	561,364,385.01	561,364,385.01
Long-term prepaid expense	45,675,216.78	51,012,977.31
Deferred income tax assets	559,368,861.45	425,120,227.37
Other non-current assets	5,834,000.00	6,870,532.00
Total non-current assets	8,360,310,995.22	7,461,602,195.46
Total assets	34,385,117,534.17	29,789,822,298.65
Current liabilities:
Short-term borrowings	0.00	83,232,176.31
Borrowings from the central bank
Interbank loans obtained
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable	212,480,000.00	695,740,000.00
Accounts payable	1,856,969,204.46	2,054,063,559.15
Advances from customers
Contract liabilities	3,025,229,971.79	826,636,478.35
Financial assets sold under repurchase agreements
Customer deposits and interbank deposits
Payables for acting trading of securities
Payables for underwriting of securities
Employee benefits payable	876,644,424.31	795,138,305.63
Taxes payable	1,032,068,219.10	1,205,028,130.02

Other payables	4,527,536,360.10	3,261,763,838.80
Including: Interest payable
Dividends payable	1,585,800,000.00	0.00
Handling charges and commissions payable
Reinsurance payables
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities	9,907,322.54	42,237,345.11
Other current liabilities	1,667,679,631.26	1,044,664,441.58
Total current liabilities	13,208,515,133.56	10,008,504,274.95
Non-current liabilities:
Insurance contract reserve
Long-term borrowings	179,053,388.89	44,944,737.91
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities	13,441,957.10	18,631,395.93
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income	100,910,143.95	103,714,978.95
Deferred income tax liabilities	293,098,621.11	281,173,154.70
Other non-current liabilities
Total non-current liabilities	586,504,111.05	448,464,267.49
Total liabilities	13,795,019,244.61	10,456,968,542.44
Owners’ equity:
Share capital	528,600,000.00	528,600,000.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	6,224,747,667.10	6,224,747,667.10
Less: Treasury stock
Other comprehensive income	658,883.79	408,739.61
Specific reserve
Surplus reserves	269,402,260.27	269,402,260.27
General reserve
Retained earnings	12,691,273,674.05	11,497,599,306.54
Total equity attributable to owners of the Company as the parent	19,714,682,485.21	18,520,757,973.52
Non-controlling interests	875,415,804.35	812,095,782.69

Total owners’ equity	20,590,098,289.56	19,332,853,756.21
Total liabilities and owners’ equity	34,385,117,534.17	29,789,822,298.65

Legal representative: Liang Jinhui The Company’s chief accountant: Zhu Jiafeng
Head of the Company’s financial department: Zhu Jiafeng
2. Balance Sheet of the Company as the Parent
Unit: RMB

Item	30 June 2023	1 January 2023
Current assets:
Monetary assets	8,314,231,562.07	7,338,284,192.52
Held-for-trading financial assets	1,790,678,478.17	1,267,195,966.38
Derivative financial assets
Notes receivable
Accounts receivable
Accounts receivable financing	763,560,940.83	233,465,242.96
Prepayments	50,463,721.87	39,599,180.34
Other receivables	315,299,233.76	202,279,154.63
Including: Interest receivable
Dividends receivable
Inventories	4,757,417,302.70	4,670,562,760.80
Contract assets
Assets held for sale
Current portion of non-current assets
Other current assets	49,404,468.34	63,929,024.28
Total current assets	16,041,055,707.74	13,815,315,521.91
Non-current assets:
Investments in debt obligations
Investments in other debt obligations
Long-term receivables
Long-term equity investments	1,602,792,715.28	1,586,749,613.68
Investments in other equity instruments
Other non-current financial assets
Investment property	48,535,817.21	13,396,881.96
Fixed assets	1,823,715,954.46	1,715,114,776.31
Construction in progress	2,369,477,803.71	1,597,185,086.35
Productive living assets
Oil and gas assets

Right-of-use assets	24,512,082.87	31,004,490.39
Intangible assets	495,965,895.33	483,601,950.48
Development costs
Goodwill
Long-term prepaid expense	13,739,526.29	22,817,228.71
Deferred income tax assets	36,402,716.22	28,512,224.61
Other non-current assets
Total non-current assets	6,415,142,511.37	5,478,382,252.49
Total assets	22,456,198,219.11	19,293,697,774.40
Current liabilities:
Short-term borrowings
Held-for-trading financial liabilities
Derivative financial liabilities
Notes payable
Accounts payable	978,174,656.49	950,887,301.03
Advances from customers
Contract liabilities	1,499,003,266.18	3,432,162.83
Employee benefits payable	345,823,740.08	276,482,563.00
Taxes payable	528,967,559.45	548,241,724.13
Other payables	2,312,285,403.33	726,494,649.90
Including: Interest payable
Dividends payable	1,585,800,000.00	0.00
Liabilities directly associated with assets held for sale
Current portion of non-current liabilities	9,082,789.95	10,574,121.12
Other current liabilities	202,536,122.23	16,403,036.11
Total current liabilities	5,875,873,537.71	2,532,515,558.12
Non-current liabilities:
Long-term borrowings
Bonds payable
Including: Preferred shares
Perpetual bonds
Lease liabilities	13,441,957.10	18,631,395.93
Long-term payables
Long-term employee benefits payable
Provisions
Deferred income	37,839,957.48	38,926,909.02
Deferred income tax liabilities	52,487,213.61	43,726,162.12
Other non-current liabilities
Total non-current liabilities	103,769,128.19	101,284,467.07

Total liabilities	5,979,642,665.90	2,633,800,025.19
Owners’ equity:
Share capital	528,600,000.00	528,600,000.00
Other equity instruments
Including: Preferred shares
Perpetual bonds
Capital reserves	6,176,504,182.20	6,176,504,182.20
Less: Treasury stock
Other comprehensive income	-1,662,634.78	-529,354.77
Specific reserve
Surplus reserves	264,300,000.00	264,300,000.00
Retained earnings	9,508,814,005.79	9,691,022,921.78
Total owners’ equity	16,476,555,553.21	16,659,897,749.21
Total liabilities and owners’ equity	22,456,198,219.11	19,293,697,774.40

3. Consolidated Income Statement
Unit: RMB

Item	H1 2023	H1 2022
1. Revenue	11,310,016,495.10	9,002,005,923.42
Including: Operating revenue	11,310,016,495.10	9,002,005,923.42
Interest income
Insurance premium income
Handling charge and commission income
2. Costs and expenses	7,533,156,217.79	6,352,382,128.23
Including: Cost of sales	2,388,610,838.28	2,023,003,861.36
Interest expense
Handling charge and commission expense
Surrenders
Net insurance claims paid
Net amount provided as insurance contract reserve
Expenditure on policy dividends
Reinsurance premium expense
Taxes and surcharges	1,605,442,141.06	1,276,738,897.80
Selling expense	3,048,015,143.61	2,595,105,420.46
Administrative expense	583,974,559.37	559,320,542.66
R&D expense	29,964,175.22	27,837,365.94

Finance costs	-122,850,639.75	-129,623,959.99
Including: Interest expense	771,499.92	2,498,008.94
Interest income	122,996,635.75	131,378,962.32
Add: Other income	27,104,577.88	26,209,081.15
Return on investment (“-” for loss)	-27,346,113.37	-17,449,121.42
Including: Share of profit or loss of joint ventures and associates	46,146.26	144,074.52
Income from the derecognition of financial assets at amortized cost (“-” for loss)
Exchange gain (“-” for loss)
Net gain on exposure hedges (“-” for loss)
Gain on changes in fair value (“-” for loss)	25,168,981.30	318,569.02
Credit impairment loss (“-” for loss)	84,454.20	-1,258,781.36
Asset impairment loss (“-” for loss)	-17,556,673.87	4,343,131.74
Asset disposal income (“-” for loss)	203,366.67	191,652.74
3. Operating profit (“-” for loss)	3,784,518,870.12	2,661,978,327.06
Add: Non-operating income	44,676,493.06	24,988,936.35
Less: Non-operating expense	20,358,442.79	8,351,463.17
4. Profit before tax (“-” for loss)	3,808,836,920.39	2,678,615,800.24
Less: Income tax expense	964,656,318.72	706,053,183.61
5. Net profit (“-” for net loss)	2,844,180,601.67	1,972,562,616.63
5.1 By operating continuity
5.1.1 Net profit from continuing operations (“-” for net loss)	2,844,180,601.67	1,972,562,616.63
5.1.2 Net profit from discontinued operations (“-” for net loss)
5.2 By ownership
5.2.1 Net profit attributable to shareholders of the Company as the parent (“-” for net loss)	2,779,474,367.51	1,918,821,503.75
5.2.1 Net profit attributable to non-controlling interests (“-” for net loss)	64,706,234.16	53,741,112.88
6. Other comprehensive income, net of tax	1,494,571.29	2,228,819.05

Attributable to owners of the Company as the parent	250,144.18	1,836,134.17
6.1 Items that will not be reclassified to profit or loss	1,937,767.20	911,837.54
6.1.1 Changes caused by remeasurements on defined benefit schemes
6.1.2 Other comprehensive income that will not be reclassified to profit or loss under the equity method
6.1.3 Changes in the fair value of investments in other equity instruments	1,937,767.20	911,837.54
6.1.4 Changes in the fair value arising from changes in own credit risk
6.1.5 Other
6.2 Items that will be reclassified to profit or loss	-1,687,623.02	924,296.63
6.2.1 Other comprehensive income that will be reclassified to profit or loss under the equity method
6.2.2 Changes in the fair value of investments in other debt obligations
6.2.3 Other comprehensive income arising from the reclassification of financial assets	-1,687,623.02	924,296.63
6.2.4 Credit impairment allowance for investments in other debt obligations
6.2.5 Reserve for cash flow hedges
6.2.6 Differences arising from the translation of foreign currency-denominated financial statements
6.2.7 Other
Attributable to non-controlling interests	1,244,427.11	392,684.88
7. Total comprehensive income	2,845,675,172.96	1,974,791,435.68
Attributable to owners of the Company as the parent	2,779,724,511.69	1,920,657,637.92
Attributable to non-controlling interests	65,950,661.27	54,133,797.76
8. Earnings per share

8.1 Basic earnings per share	5.26	3.63
8.2 Diluted earnings per share	5.26	3.63

Legal representative: Liang Jinhui The Company’s chief accountant: Zhu Jiafeng
Head of the Company’s financial department: Zhu Jiafeng
4. Income Statement of the Company as the Parent
Unit: RMB

Item	H1 2023	H1 2022
1. Operating revenue	5,688,977,006.98	4,472,856,893.79
Less: Cost of sales	2,033,053,131.03	1,613,199,963.51
Taxes and surcharges	1,375,276,190.77	1,082,081,569.06
Selling expense	18,124,000.75	29,981,877.64
Administrative expense	390,026,657.42	371,905,439.74
R&D expense	11,525,750.69	11,378,186.74
Finance costs	-90,964,543.78	-75,657,865.69
Including: Interest expense	637,086.51	847,873.69
Interest income	91,541,910.22	76,111,832.12
Add: Other income	1,828,952.83	4,509,784.26
Return on investment (“-” for loss)	-18,401,784.46	-17,430,120.00
Including: Share of profit or loss of joint ventures and associates	43,101.60	0.00
Income from the derecognition of financial assets at amortized cost (“-” for loss)
Net gain on exposure hedges (“-” for loss)
Gain on changes in fair value (“-” for loss)	25,168,981.30	318,569.02
Credit impairment loss (“-” for loss)	148,348.99	-165,730.36
Asset impairment loss (“-” for loss)	-17,141,448.76	1,913,585.91
Asset disposal income (“-” for loss)	14,302.24	0.00
2. Operating profit (“-” for loss)	1,943,553,172.24	1,429,113,811.62
Add: Non-operating income	15,599,716.85	18,141,888.35
Less: Non-operating expense	17,213,516.15	5,121,167.93
3. Profit before tax (“-” for loss)	1,941,939,372.94	1,442,134,532.04
Less: Income tax expense	538,348,288.93	358,374,033.46
4. Net profit (“-” for net loss)	1,403,591,084.01	1,083,760,498.58

4.1 Net profit from continuing operations (“-” for net loss)	1,403,591,084.01	1,083,760,498.58
4.2 Net profit from discontinued operations (“-” for net loss)
5. Other comprehensive income, net of tax	-1,133,280.01	109,851.14
5.1 Items that will not be reclassified to profit or loss
5.1.1 Changes caused by remeasurements on defined benefit schemes
5.1.2 Other comprehensive income that will not be reclassified to profit or loss under the equity method
5.1.3 Changes in the fair value of investments in other equity instruments
5.1.4 Changes in the fair value arising from changes in own credit risk
5.1.5 Other
5.2 Items that will be reclassified to profit or loss	-1,133,280.01	109,851.14
5.2.1 Other comprehensive income that will be reclassified to profit or loss under the equity method
5.2.2 Changes in the fair value of investments in other debt obligations
5.2.3 Other comprehensive income arising from the reclassification of financial assets	-1,133,280.01	109,851.14
5.2.4 Credit impairment allowance for investments in other debt obligations
5.2.5 Reserve for cash flow hedges
5.2.6 Differences arising from the translation of foreign currency-denominated financial statements
5.2.7 Other
6. Total comprehensive income	1,402,457,804.00	1,083,870,349.72
7. Earnings per share
7.1 Basic earnings per share	2.66	2.05
7.2 Diluted earnings per share	2.66	2.05

5. Consolidated Cash Flow Statement
Unit: RMB

Item	H1 2023	H1 2022
1. Cash flows from operating activities:
Proceeds from sale of commodities and rendering of services	12,967,342,850.81	10,536,436,947.68
Net increase in customer deposits and interbank deposits
Net increase in borrowings from the central bank
Net increase in loans from other financial institutions
Premiums received on original insurance contracts
Net proceeds from reinsurance
Net increase in deposits and investments of policy holders
Interest, handling charges and commissions received
Net increase in interbank loans obtained
Net increase in proceeds from repurchase transactions
Net proceeds from acting trading of securities
Tax rebates	1,875,811.35	3,593,014.59
Cash generated from other operating activities	1,056,647,876.21	416,874,433.62
Subtotal of cash generated from operating activities	14,025,866,538.37	10,956,904,395.89
Payments for commodities and services	2,160,026,046.33	1,429,207,252.95
Net increase in loans and advances to customers
Net increase in deposits in the central bank and in interbank loans granted
Payments for claims on original insurance contracts
Net increase in interbank loans granted
Interest, handling charges and commissions paid
Policy dividends paid

Cash paid to and for employees	1,885,616,624.31	1,636,020,699.63
Taxes paid	3,995,204,357.05	2,928,271,586.95
Cash used in other operating activities	1,257,182,813.95	772,158,056.57
Subtotal of cash used in operating activities	9,298,029,841.64	6,765,657,596.10
Net cash generated from/used in operating activities	4,727,836,696.73	4,191,246,799.79
2. Cash flows from investing activities:
Proceeds from disinvestment	760,098,239.02	4,587,477,639.71
Return on investment	1,221,108.96	1,067,121.16
Net proceeds from the disposal of fixed assets, intangible assets and other long-lived assets	276,793.00	1,244,063.80
Net proceeds from the disposal of subsidiaries and other business units
Cash generated from other investing activities
Subtotal of cash generated from investing activities	761,596,140.98	4,589,788,824.67
Payments for the acquisition of fixed assets, intangible assets and other long-lived assets	1,027,930,984.35	714,217,547.21
Payments for investments	720,000,000.00	1,464,575,094.67
Net increase in pledged loans granted
Net payments for the acquisition of subsidiaries and other business units	13,439,262.05	0.00
Cash used in other investing activities
Subtotal of cash used in investing activities	1,761,370,246.40	2,178,792,641.88
Net cash generated from/used in investing activities	-999,774,105.42	2,410,996,182.79
3. Cash flows from financing activities:
Capital contributions received	4,000,000.00	0.00
Including: Capital contributions by non-controlling interests to subsidiaries	4,000,000.00	0.00
Borrowings raised	134,000,000.00	20,000,000.00
Cash generated from other financing activities
Subtotal of cash generated from financing activities	138,000,000.00	20,000,000.00
Repayment of borrowings	113,000,000.00	94,851,054.01
Interest and dividends paid	7,626,554.97	1,166,060,059.13
Including: Dividends paid by	5,304,511.69	0.00

（未完）