1. No category

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong
Kong Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part
of the contents of this announcement.
*
(A joint stock company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 3948)
THIRD QUARTERLY REPORT FOR THE YEAR 2014
Pursuant to the rules and regulations of the China Securities Regulatory Commission and
the Shanghai Stock Exchange, Inner Mongolia Yitai Coal Co., Ltd. (the “Company” and
together with its subsidiaries, collectively the “Group” ) is required to announce this
quarterly report.
This announcement is made pursuant to Rule 13.09 and Rule 13.10B of the Rules
Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The board of directors of the Company (the “Board”) hereby announces the results report
of the Company and its subsidiaries for the nine months ended 30 September 2014 prepared
in accordance with the China Accounting Standards for Business Enterprises. Such results
have not been audited or reviewed by independent auditors.
1. IMPORTANT NOTICE
1.1 The Board and the supervisory committee of the Company and its directors,
supervisors and senior management should warrant the truthfulness, accuracy and
completeness of the information contained in this quarterly report, that there are
no false representations, misleading statements contained in or material omissions
herein, and jointly and severally accept legal responsibility in this respect.
—1—
1.2 All directors of the Company attended the Board meeting to review the quarterly
report.
1.3 Mr. Zhang Donghai (the person-in-charge of the Company) , Mr. Lv
Guiliang (the person-in-charge of accounting affairs) and Mr. Yang
Yonggang (the person responsible for the accounting institute, i.e.,
head of the accounting institute),warrant that the financial statements
set out in this quarterly report are true, accurate and complete.
1.4 The third quarterly report of the Company has not been audited.
2. MAJOR FINANCIAL DATA AND CHANGES IN SHAREHOLDERS OF
THE COMPANY
2.1 Major financial data
Unit: RMB0.00 Currency: RMB
At the end of the
reporting period
Total assets
Net asset attributable to
shareholders of the Company
At the end of
last year
Change from the
end of last year
(%)
54,270,494,301.70 45,484,507,562.23
19.32
22,093,331,544.89 21,149,820,566.75
4.46
—2—
Net cash flows from
operating activities
Operating revenue
Net profit attributable to
shareholders of the Company
Net profit after non-recurring
profit and loss attributable
to shareholders of the Company
Weighted average return
on net assets (%)
Return on weighted average
net assets after non-recurring
profit and loss (%)
Basic earnings per share (RMB/share)
Diluted earnings per share
(RMB/share)
From the
beginning of this
year to the end
of the reporting
period (January
to September)
From the
beginning of last
year to the end
of the reporting
period of last
year (January
to September)
2,745,698,201.07
3,297,056,458.36
-16.72
18,985,977,878.72 17,580,189,884.10
1,916,945,270.22 3,059,883,283.72
8.00
-37.35
1,962,169,337.29
8.87
9.08
0.59
0.59
—3—
3,035,519,127.34
Change from
the same period
last year
(%)
-35.36
13.43 Decreased by 4.56
percentage points
13.33 Decreased by 4.25
percentage points
0.94
0.94
-37.23
-37.23
Items after deducting non-recurring gains or losses and relevant amounts
Unit: RMB0.00 Currency: RMB
Items
Gains or losses from disposal
of non-current assets
Government subsidies included in profits
and losses for the current
period, excluding those closely related to
the normal business operations of
the Company and of fixed
amount or fixed quantity granted
on an on-going basis in accordance with
certain standards and in compliance
with the State policies
Gains or losses from authorization
of others to perform investment
or management of assets
Investment revenue obtained from the
gains or losses on the changes in fair value
in holding financial assets held for
trading and financial liability held
for trading, and handling of financial assets
held for trading, financial liability
held for trading and available-for-sale
financial assets other than
business normal operating business in
relation to valid hedging business
Non-operating income and expenses other
than the above items
Impact on income tax
Impact on minority interests (after taxation)
Total
Amount for
the reporting
period (From
July to
September)
Amount from
the beginning
of this year
to the end of
the reporting
period
(January to
September)
10,817,528.11
7,313,899.75
675,000.00
4,705,000.00
14,720,109.55
18,191,890.37
1,665,091.96
4,079,795.98
-36,598,773.54 -101,093,253.06
1,378,829.39
9,722,966.55
2,912,036.92 11,855,633.34
-4,430,177.61 -45,224,067.07
—4—
2.2 Total number of shareholders, the top ten shareholders and the shareholding
of the top ten circulating shareholders (or shareholders not subject to selling
restrictions) as at the end of the reporting period
Unit: Share
81,032
Total number of shareholders
Shareholdings of Top Ten Shareholders
Increase or
Shares
Pledged or frozen
decrease held at the
Name of shareholder
Shares held
during the
end of the
subject
reporting
reporting
to selling
Conditions
Number
period
period
Ratio restrictions
of shares
of shares
Type of shareholder
(%)
Inner Mongolia Yitai Group Co., Ltd.
0 1,600,000,000
49.17 1,600,000,000
Nil
Domestic non-state owned legal person
HKSCC NOMINEES LIMITED
Yitai (Group) Hong Kong Co., Ltd.
FTIF TEMPLETON ASIAN
1,200 325,920,000
10.02
0
Unknown
Foreign legal person
5,848,663 312,000,000
9.58
0
Nil
Foreign legal person
0
74,061,448
2.28
0
Unknown
Foreign legal person
-3,802,295
18,940,898
0.58
0
Unknown
Foreign legal person
2,177,662
16,425,745
0.50
0
Unknown
Foreign legal person
5,313,800
15,350,143
0.47
0
Unknown
Foreign legal person
-385,900
13,624,597
0.42
0
Unknown
Foreign legal person
194,030
11,227,129
0.35
0
Unknown
Foreign legal person
-3,449,873
9,903,854
0.30
0
Unknown
Foreign legal person
GROWTH FUND 5496
SCBHK A/C BBH S/A VANGUARD
EMERGING MARKETS STOCK
INDEX FUND
China Merchants Securities
(HK) Co., Ltd.
JPMCB/STICHTING
PENSINENFONDS ABP
ABU DHABI INVESTMENT
AUTHORITY
GIC PRIVATE LIMITED
ISHARES MSCI EMERGING
MARKETS ETF
—5—
Shareholdings of Top Ten Shareholders
Number of
tradable shares
not subject
to selling
restrictions held
Name of shareholder
HKSCC NOMINEES LIMITED
325,920,000
Yitai (Group) Hong Kong Co., Ltd.
312,000,000
FTIF TEMPLETON ASIAN
GROWTH FUND 5496
SCBHK A/C BBH S/A VANGUARD EMERGING
MARKETS STOCK INDEX FUND
China Merchants Securities (HK) Co., Ltd.
74,061,448
16,425,745
JPMCB/STICHTING PENSINENFONDS ABP
15,350,143
ABU DHABI INVESTMENT AUTHORITY
13,624,597
GIC PRIVATE LIMITED
11,227,129
18,940,898
ISHARES MSCI EMERGING MARKETS ETF
9,903,854
GUOTAI JUNAN SECURITIES
(HONG KONG) LIMITED
9,623,668
Type of shares and quantity
Types
Quantity
Overseas listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
Domestic listed
foreign shares
325,920,000
312,000,000
74,061,448
18,940,898
16,425,745
15,350,143
13,624,597
11,227,129
9,903,854
9,623,668
Explanations on connected relationship or action Among the top ten shareholders of the Company,
in concert of the above shareholders
Yitai (Group) Hong Kong Co., Ltd. is a wholly-owned
subsidiary of Inner Mongolia Yitai Group Co., Ltd., a
shareholder of domestic legal person. The Company is
not aware of any connected relationship or any parties
acting in concert for other shareholders of foreign
shares.
—6—
3. SIGNIFICANT EVENTS
3.1 Particulars and reasons of material changes in major accounting items and
financial indicators of the Company
As at the end of the reporting period, the Company produced an aggregate of
32,316,100 tonnes of coal, representing a decrease of 3.69% from the same
period of last year. The Company sold 50,134,200 tonnes of coal, representing
an increase of 12.04% from the same period of last year. In particular, coal sold
via railway transportation amounted to 32,853,900 tonnes and coal sold at local
coal mines and transportation stations amounted to 17,280,300 tonnes. The sales
revenue amounted to RMB18,985,977,900, representing an increase of 8.00%
from the same period of last year. Net profit attributable to the owner of the
parent Company amounted to RMB1,916,945,300, representing a decrease of
37.35% from the same period of last year.
Opening balance
Items
Closing balance
(or balance
(or balance of
of the previous
this period)
period)
Ratio of changes Reasons of changes
(%)
Bank balance and cash
5,288,712,402.22
3,854,278,910.37
37.22% Due to an increase in borrowings and receiving coal
payment during the period
Bill receivables
24,343,338.60
121,900,000.00
-80.03% Due to the expiry of bills and use of bills for
payments during the period
Prepayments
3,162,694,883.39
1,006,735,997.64
214.15% Due to the prepayments for construction in progress
during the period
Dividend receivables
2,550,600.00
—
Complete growth Distribution of dividend is performed by joint-stock
companies during the period, yet the payments have
not been received
Other receivables
1,802,558,417.21
926,620,562.41
94.53% Mainly due to the introduction of wealth management
products during the period
Investment properties
63,765,222.80
45,509,070.39
40.12% Due to the shift of investment properties and buildings
during the period
Construction in progress 12,664,185,289.90
9,184,779,256.51
37.88% Due to an increase in construction in progress during
the period
Construction materials
61,551,540.34
6,473,513.85
850.82% Due to an increase in construction materials for the
construction in progress during the period
—7—
Opening balance
Items
Closing balance
(or balance
(or balance of
of the previous
this period)
period)
Ratio of changes Reasons of changes
(%)
Long-term
1,505,444,713.13
749,200,720.26
prepaid expenses
Other non-current assets
during the period
94,303,674.04
financial liability held
Complete growth Due to the introduction of Carbontree assets (碳匯林
445,960.00
for trading
Notes payable
100.94% Due to the introduction of removal compensation fee
資產) during the period
-100.00% Due to the change of floating fair value of derivatives
from losses to gains at the end of the period
20,000,000.00
Complete growth Due to the use of bills for settlement of coal payment,
yet the bills have not been expired during the period
Payments received
95,258,446.16
274,954,339.73
in advance
-65.35% Due to a decrease in clients who paid in advance
because of the influence of coal market during the
period
Staff remuneration
74,849,462.99
300,584,704.10
payables
Taxes payable
-75.10% Due to the distribution of bonuses of the end of last
year during the period
533,532,880.48
-165,872,467.89
421.65% Because the reporting of tax has not been accrued
during the period
Non-current liabilities
2,624,000,000.00
848,232,680.74
due within one year
209.35% Due to an increase in long-term borrowings which
expired within one year from the beginning to the
end of the period
Long-term borrowing
17,511,608,108.67 12,317,379,518.14
42.17% Due to an increase in long-term borrowings during the
period
Deferred income
975,000.00
Complete growth Due to an increase in fair value for available-for-sale
tax liabilities
Administrative expense
financial assets during the period
1,221,749,668.81
932,925,077.00
30.96% Mainly due to an increase in land-use tax during the
period
Assets impairment loss
82,755,537.97
Complete growth Due to the provision of long-term assets and accrued
assets impairment of coal during the period
Gains changes
445,960.00
Complete growth Due to the floating fair value of derivatives at the end
in fair value
Gains in investment
of the period
92,164,108.56
9,533,754.08
866.71% Due to an increase in realised gains of associates
during the period
Non-operating income
31,091,188.33
129,561,389.37
-76.00% Due to amortization of compensation for the pressure
of mining field subsidiaries in the last period
Non-operating expenses
120,165,541.64
48,875,759.60
—8—
145.86% Due to an increase in donation during the period
3.2 Impacts on consolidated financial statements after implementing new
accounting standards
3.2.1 Impacts on consolidated financial statements after the change in long-term
equity investment standards (1)
Unit: RMB0.00 Currency: RMB
Investee
Basic
information
of transaction
Equity
30 September 2014
attributable to
Equity
shareholders
attributable to
from
shareholders
parent company
Available-for-sale
from
on 1 January Long-term equity financial assets parent company
2014 (+/–) investment (+/–)
(+/–)
(+/–)
Mengji Railway Co., Ltd.
(蒙冀鐵路有限責任公司)
Mianyang Technology Property
Investment Fund
(Limited partnership)
(綿陽科技城產業投資基金)
Total
Zhunshuo Railway Co., Ltd.
(准朔鐵路有限責任公司)
Xin Baoshen Railway Co., Ltd.
(新包神鐵路有限責任公司)
Tangshan Caofeidian
Coal Port Co., Ltd.
(唐山曹妃甸煤炭
港務有限公司 )
Mengxi-Huazhong
railway Co., Ltd.
(蒙西華中鐵路股份
有限公司)
Inner Mongolia Conba
Pharmaceutical Co., Ltd.
—
(內蒙古康恩貝藥業有限公司)
Total
—
—9—
-2,520,000,000.00
2,520,000,000.00
-100,000,000.00
-200,000,000.00
100,000,000.00
200,000,000.00
-865,287,000.00
865,287,000.00
-532,800,000.00
532,800,000.00
-72,000,000.00
72,000,000.00
-100,000,000.00
100,000,000.00
-27,272,727.27
27,272,727.27
-4,417,359,727.27
4,417,359,727.27
3.2.2 Impacts after the change of scope of merging
Unit: RMB0.00 Currency: RMB
Equity
Reasons of
Name of company
30 September 2014
attributable to
Equity
bringing into/no shareholders from
attributable to
longer bringing
parent company
into the scope
on 1 January
of merging
2014 (+/–)
shareholders from
Total amounts Total amounts of
parent company
of assets (+/–)
liabilities (+/–)
(+/–)
Acquisition
26,630,203.08
27,282,369.53
-332,604.89
—
26,630,203.08
27,282,369.53
-332,604.89
Inner Mongolia Hengtai Coal
Transportation Co. Ltd.
(內蒙古恒泰煤炭運銷
有限責任公司)
Total
3.2.3 Others
1.
Inner Mongolia Yitai Petrochemical Co., Ltd. ( 內蒙古伊泰石油化工
有限公司 ) (hereinafter referred to as “Yitai Petrochemical Co., Ltd.”)
is a holding subsidiary of the Company with registered capital of
RMB30 million, where the Company holds 80% of its shares and Inner
Mongolia Yitai Group Co., Ltd. holds 20% of its shares. A resolution
regarding an increase of registered capital of the Company from RMB30
million to RMB300 million was considered and approved by Yitai
Petrochemical Co., Ltd. on 11 August 2013. According to the resolution
of the shareholder’s meeting, the capital contributed by the Company
was RMB216 million in accordance with 80% shareholding ratio, and
the capital contributed by Inner Mongolia Yitai Group Co., Ltd. was
RMB54 million in accordance with 20% shareholding ratio. For the
abovementioned increase of capital, registration procedures of change
of registered capital for Industry and Commerce were completed during
the reporting period.
— 10 —
2.
Inner Mongolia Yitai Coal Co., Ltd. (the “Company”) was approved
to make a public issue of corporate bonds with face value of no more
than RMB9 billion by the approval (Zheng Jian Xu Ke [2014] No. 382)
from China Securities Regulatory Commission. In accordance with
the Prospectus for the Public Issue of 2014 Corporate Bonds (First
Tranche) by Inner Mongolia Yitai Coal Co., Ltd., the issue size of the
2014 corporate bonds (first tranche) (the “Bonds”) of Inner Mongolia
Yitai Coal Co., Ltd. is RMB4.5 billion. The issue of the Bonds will
adopt the combination of online offering to public investors and offline
book building to institutional investors. The issue of the Bonds has been
completed on 14 October 2014 and details of the issue are as follows:
the final actual online issue size of the Bonds is RMB450 million,
representing 10% of the total issue amount of the Bonds. The final
actual offline issue size of the Bonds is RMB4.05 billion, representing
90% of the total issue amount of the Bonds. Approved by the Shanghai
Stock Exchange, the Bonds (referred as 14 Yitai 01) are listed on the
Shanghai Stock Exchange (stock code: 122329) .
Inner Mongolia Yitai Coal Co., Ltd.
Legal representative: Zhang Donghai
27 October 2014
— 11 —
4. APPENDICES
4.1 Financial Statement
Consolidated Balance Sheet
30 September 2014
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Items
Current assets:
Cash and bank balances
Balances with clearing companies
Placements with banks and
other financial institutions
Financial assets held for trading
Bills receivable
Accounts receivable
Funds paid in advance
Premiums receivable
Accounts receivable from reinsurers
Deposits receivable from reinsurers
Interest receivable
Dividend receivable
Other receivables
Purchases of resold financial assets
Inventories
Non-current assets due within a year
Other current assets
Total current assets
— 12 —
Closing balance
Balance for
the beginning of
the year
5,288,712,402.22
3,854,278,910.37
24,343,338.60
3,070,150,774.35
3,162,694,883.39
121,900,000.00
2,990,994,508.17
1,006,735,997.64
2,550,600.00
1,802,558,417.21
—
926,620,562.41
1,725,967,637.72
1,421,486,479.61
15,076,978,053.49
10,322,016,458.20
Closing balance
Balance for
the beginning of
the year
4,812,984,681.37
4,006,498,004.77
453,789,860.80
63,765,222.80
17,240,678,583.27
12,664,185,289.90
61,551,540.34
362,064,142.39
45,509,070.39
18,605,063,294.22
9,184,779,256.51
6,473,513.85
1,599,347,184.53
1,458,762,877.39
1,505,444,713.13
697,465,498.03
94,303,674.04
749,200,720.26
744,140,224.25
Total non-current assets
39,193,516,248.21
35,162,491,104.03
Total assets
54,270,494,301.70
45,484,507,562.23
Items
Non-current assets:
Entrusted loans and advances
Available-for-sale financial assets
Held-to-maturity investments
Long-term receivables
Long-term equity investment
Investment property
Fixed assets
Construction in progress
Construction materials
Liquidation of fixed assets
Biological assets for production
Fuel assets
Intangible assets
Development expenditure
Goodwill
Long-term deferred expenses
Deferred income tax assets
Other non-current assets
— 13 —
Items
Current liabilities:
Short term borrowings
Borrowings from central bank
Deposit taking and deposit
in inter-bank market
Placements from banks and
other financial institutions
Financial liabilities held-for-trading
Bills payable
Accounts payable
Funds received in advance
Funds from disposal of
repurchased financial assets
Handling charges and commissions payable
Staff remuneration payable
Taxes payable
Interest payable
Dividend payable
Other payables
Payable to reinsurers
Deposits for insurance contracts
Customer deposits for trading in securities
Customer deposits for underwriting
Non-current liabilities due within one year
Other current liabilities
Total current liabilities
— 14 —
Closing balance
Balance for
the beginning of
the year
170,000,000.00
164,000,000.00
445,960.00
20,000,000.00
2,143,886,798.81
95,258,446.16
2,161,199,055.62
274,954,339.73
74,849,462.99
533,532,880.48
145,717,807.42
300,584,704.10
-165,872,467.89
124,969,956.88
927,540,608.70
827,938,256.37
2,624,000,000.00
848,232,680.74
6,734,786,004.56
4,536,452,485.55
Closing balance
Balance for
the beginning of
the year
17,511,608,108.67
3,495,208,382.12
58,000,000.00
12,317,379,518.14
3,494,833,352.63
58,000,000.00
46,393,042.46
975,000.00
17,710,000.00
44,913,282.63
18,520,000.00
Total non-current liabilities
21,129,894,533.25
15,933,646,153.40
Total liabilities
27,864,680,537.81
20,470,098,638.95
Items
Non-current liabilities:
Long term borrowings
Bonds payable
Long term payables
Specific payables
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
— 15 —
Closing balance
Balance for
the beginning of
the year
3,254,007,000.00
1,618,820,152.29
3,254,007,000.00
1,551,147,027.82
1,327,068,937.27
1,327,068,937.27
15,894,146,668.49
15,018,483,638.27
-711,213.16
-886,036.61
22,093,331,544.89
21,149,820,566.75
4,312,482,219.00
3,864,588,356.53
Total owners’ equity
26,405,813,763.89
25,014,408,923.28
Total liabilities and owners’ equity
54,270,494,301.70
45,484,507,562.23
Items
Owners’ equity (or shareholders’ equity) :
Paid-up capital (or share capital)
Capital reserve
Less: treasury shares
Special reserve
Surplus reserve
General risk provision
Undistributed profit
Translation differences arising
from foreign currency statements
Total equity attributable to owners
of the parent company
Minority interests
Legal representative of
the Company:
Zhang Donghai
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
— 16 —
Person responsible for
the accounting institute:
Yang Yonggang
Balance Sheet of the Parent Company
30 September 2014
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Items
Current assets:
Cash and bank balances
Financial assets held-for-trading
Bills receivable
Accounts receivable
Funds paid in advance
Interests receivable
Dividends receivable
Other receivables
Inventories
Non-current assets due within one year
Other current assets
Total current assets
— 17 —
Closing balance
Balance for
the beginning of
the year
2,600,974,852.73
1,590,440,661.58
1,481,767,543.32
853,237,419.94
13,200,000.00
1,234,646,479.55
495,472,012.09
4,051,586,290.20
880,211,225.78
3,194,871,985.90
394,229,696.46
9,867,777,331.97
6,922,860,835.58
Closing balance
Balance for
the beginning of
the year
4,670,077,307.52
3,863,590,630.92
8,806,761,907.70
43,246,967.92
4,183,915,746.94
1,976,731,991.41
8,756,805,312.17
45,509,070.39
4,272,642,081.72
1,944,086,026.88
506,817,493.19
535,747,326.51
540,070,755.32
633,136,239.77
94,303,674.04
599,642,838.76
686,053,797.42
Total non-current assets
21,455,062,083.81
20,704,077,084.77
Total assets
31,322,839,415.78
27,626,937,920.35
Items
Non-current asets:
Available-for-sale financial assets
Held-to-maturity investments
Long-term receivables
Long-term equity investment
Investment property
Fixed assets
Construction in progress
Construction materials
Disposals of fixed assets
Biological assets for production
Fuel assets
Intangible assets
Development expenditure
Goodwill
Long-term deferred expenses
Deferred income tax assets
Other non-current assets
— 18 —
Items
Closing balance
Current liabilities:
Short term borrowings
Financial liabilities held-for-trading
Bills payable
Accounts payable
Funds received in advance
Staff remuneration payable
Taxes payable
Interest payable
Dividend payable
Other payables
Non-current liabilities due within one year
Other current liabilities
Total current liabilities
— 19 —
100,000,000.00
Balance for
the beginning of
the year
100,000,000.00
445,960.00
20,000,000.00
1,255,891,527.07
66,424,383.56
27,507,876.06
196,967,205.37
98,618,055.53
1,254,217,924.98
93,591,320.98
152,354,206.20
-138,756,125.03
92,599,380.01
1,850,844,908.06
2,194,000,000.00
2,316,985,985.07
144,000,000.00
5,810,253,955.65
4,015,438,652.21
Items
Non-current liabilities:
Long-term borrowings
Bonds payable
Long-term payables
Specific payables
Projected liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
Closing balance
Balance for
the beginning of
the year
3,937,000,000.00
3,495,208,382.12
2,172,000,000.00
3,494,833,352.63
16,730,952.79
975,000.00
4,685,000.00
15,941,763.83
7,454,599,334.91
5,688,045,116.46
13,264,853,290.56
9,703,483,768.67
3,254,007,000.00
1,072,842,117.64
3,254,007,000.00
1,005,168,993.16
5,270,000.00
Owners’ equity (or shareholders’ equity)
Paid-up capital (or share capital)
Capital reserve
Less: Treasury shares
Special reserve
Surplus reserve
General risk provision
Undistributed profit
1,327,068,937.27
1,327,068,937.27
12,404,068,070.31
12,337,209,221.25
Total owners’ equity
(or shareholders’ equity)
18,057,986,125.22
17,923,454,151.68
Total liabilities and owners’ equity
(or shareholders’ equity)
31,322,839,415.78
27,626,937,920.35
Legal representative of
the Company:
Zhang Donghai
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
— 20 —
Person responsible for
the accounting institute:
Yang Yonggang
Consolidated Income Statement
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Items
I.
Total operating revenue
Of which: Revenue
from operations
Interest income
Premiums earned
Handling charges and
Amount from the
Amount from the
beginning of the
beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
6,245,495,881.43
5,685,119,091.68
18,985,977,878.72
17,580,189,884.10
6,245,495,881.43
5,685,119,091.68
18,985,977,878.72
17,580,189,884.10
commission income
— 21 —
Amount from the
Amount from the
beginning of the
beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
II. Total operating cost
5,669,023,920.59
4,526,784,972.33
16,292,943,034.92
13,618,514,128.81
4,611,784,711.85
3,381,761,024.00
13,124,814,746.20
10,690,744,584.63
surcharges
107,368,272.10
167,883,165.53
356,689,442.02
496,505,676.95
Selling expenses
372,519,604.47
298,542,640.38
1,010,994,241.90
909,216,368.65
Administrative expenses
373,975,079.70
331,821,872.33
1,221,749,668.81
932,925,077.00
Finance costs
207,624,080.45
346,776,270.09
495,939,398.02
589,122,421.58
Asset impairments loss
Gains from changes in
Items
Of which: Operating cost
Interest expenses
Handling charges and
commission expenses
Surrenders payment
Net expenditure for
compensation
payment
Net provision for
insurance deposits
Policy dividend
expenses
Reinsurance costs
Business tax and
Add:
-4,247,827.98
82,755,537.97
1,213,320.00
445,960.00
fair value (loss is
represented by “—”)
Investment income (loss
is represented by “—”)
54,899,170.40
19,970,593.98
92,164,108.56
9,533,754.08
26,150,036.81
19,503,426.27
47,826,918.42
17,875,637.23
Of which: Gains from investment
in associates and joint
ventures
Gains from foreign
currency exchange
(loss is represented
by “—”)
— 22 —
Items
Amount from the
Amount from the
beginning of the
beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
632,584,451.24
1,178,304,713.33
2,785,644,912.36
3,971,209,509.37
III. Profit from operations
(loss is represented by “—”)
Add:
Non-operating income
20,261,710.53
3,222,117.73
31,091,188.33
129,561,389.37
Less:
Non-operating expense
45,367,955.96
20,897,586.34
120,165,541.64
48,875,759.60
Of which: Loss from disposal of
509,056.76
679,079.65
4,414,008.71
3,404,310.54
607,478,205.81
1,160,629,244.72
2,696,570,559.05
4,051,895,139.14
75,790,849.95
187,078,421.89
399,313,975.56
599,030,265.70
531,687,355.86
973,550,822.83
2,297,256,583.49
3,452,864,873.44
the owners of the parent company
418,323,300.78
882,945,552.14
1,916,945,270.22
3,059,883,283.72
113,364,055.08
90,605,270.69
380,311,313.27
392,981,589.72
0.13
0.27
0.59
0.94
0.13
0.27
0.59
0.94
non-current assets
IV. Total profit (total loss
is represented by “—”) )
Less:
Income tax expenses
V. Net profit (net loss
is represented by “—”)
Net profit attributable to
Minority interests
VI. Earnings per share:
(I)
Basic earnings per
share (RMB/share)
(II)
Diluted earnings per
share (RMB/share)
— 23 —
Items
Amount from the
Amount from the
beginning of the
beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
VII. Other comprehensive income
74,395,385.80
VIII. Total comprehensive income
606,082,741.66
973,550,822.83
2,365,104,531.41
3,452,864,873.44
492,718,686.58
882,945,552.14
1,984,793,218.14
3,059,883,283.72
113,364,055.08
90,605,270.69
380,311,313.27
392,981,589.72
67,847,947.92
Total comprehensive income
attributable to the owners of
the parent company
Total comprehensive income
attributable to minority
shareholders
Legal representative of
the Company:
Zhang Donghai
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
— 24 —
Person responsible for
the accounting institute:
Yang Yonggang
Income Statement of the Parent Company
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Items
Amount from the
Amount from
beginning of the
the beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
I.
Revenue from operations
2,478,444,235.20
3,205,819,316.36
7,098,677,930.66
11,950,648,697.76
Less:
1,896,099,851.51
1,867,646,895.47
4,772,624,387.36
8,060,816,277.45
48,580,182.43
88,597,681.63
171,997,606.55
252,854,313.02
Operating cost
Business tax
and surcharges
Selling expenses
144,274,391.74
138,342,039.06
358,104,389.99
634,712,727.49
Administrative expenses
249,483,151.80
238,015,069.35
807,468,089.69
682,445,459.90
Finance costs
65,330,788.05
156,093,978.48
154,593,318.90
250,760,869.29
Asset impairments loss
-4,247,827.98
33,893,767.01
Gains from changes in
1,213,320.00
445,960.00
Add:
fair value (loss is
represented by “—”)
Investment income (loss
is represented by “—”)
51,742,676.48
182,212,939.45
487,439,384.68
180,822,203.62
22,992,668.91
21,612,939.45
49,956,594.53
21,789,129.46
131,879,694.13
899,336,591.82
1,287,881,715.84
2,249,881,254.23
Of which: Gains from investment
in associates and
joint ventures
II. Profit from operations
(loss is represented by “—”)
Add:
Non-operating income
13,404,424.55
2,282,687.06
19,169,196.38
18,691,352.43
Less:
Non-operating expense
26,372,273.77
20,318,115.85
71,128,501.60
46,451,508.58
Of which: Loss from disposal
707,882.82
178,609.16
2,955,600.64
1,423,320.04
of non-current assets
— 25 —
Items
Amount from the
Amount from
beginning of the
the beginning of last
year to the end of the
year to the end of
Amount for the
Amount for the
reporting period
the reporting period
period (July to
last period (July
(January
(January to
September)
to September)
to September)
September)
118,911,844.91
881,301,163.03
1,235,922,410.62
2,222,121,098.08
21,152,136.59
92,408,432.52
127,781,321.57
275,193,515.92
97,759,708.32
788,892,730.51
1,108,141,089.05
1,946,927,582.16
III. Total profit (total loss
is represented by “—”)
Less:
Income tax expenses
IV. Net profit (net loss
is represented by “—”)
V. Earnings per share:
(I)
Basic earnings per
share (RMB/share)
(II)
Diluted earnings per
share (RMB/share)
VI. Other comprehensive income
74,396,329.10
VII. Total comprehensive income
172,156,037.42
Legal representative of
the Company:
Zhang Donghai
67,673,124.48
788,892,730.51
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
— 26 —
1,175,814,213.53
1,946,927,582.16
Person responsible for
the accounting institute:
Yang Yonggang
Consolidated Cash Flow Statement
January to September 2014
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Items
I. Cash flow from operating activities:
Cash received from sales of goods
and provision of services
Net increase in customer and
interbank deposits
Net increase in borrowings from central banks
Net increase in borrowings from
other financial institutions
Cash received from premiums
under original insurance contracts
Net cash received from reinsurance business
Net increase in deposits of policy
holders and investment
Net increase in disposal of
trading financial assets
Cash received from interest,
fees and commissions
Net increase in borrowings
Net increase in capital from
repurchase business
Refunds of taxes
— 27 —
Amount from the
beginning of the
financial year to
the end of the
Period (January
to September)
Amount from the
beginning of last
year to the end of
the reporting period
(January to
September)
23,003,140,597.10
22,259,454,660.57
Items
Other cash received from activities
related to operation
Sub-total of cash inflows from
operating activities
Cash paid for goods purchased and
service rendered
Net increase in customer loans and advances
Net increase in deposit in central banks
and interbank deposits
Cash paid for compensation payments
under original insurance contract
Cash paid for interest, fee and commission
Cash paid for insurance policy dividend
Cash paid to and on behalf of employees
Taxes paid
Other cash paid for activities
relating to operation
Sub-total of cash outflow
from operating activities
Net cash flows from operating activities
— 28 —
Amount from the
beginning of the
financial year to
the end of the
Period (January
to September)
Amount from the
beginning of last
year to the end of
the reporting period
(January to
September)
125,789,787.10
100,957,697.90
23,128,930,384.20
22,360,412,358.47
16,900,451,908.59
14,759,307,025.88
1,181,247,587.55
2,093,666,431.48
591,093,223.74
3,464,341,563.14
207,866,255.51
248,614,087.35
20,383,232,183.13
2,745,698,201.07
19,063,355,900.11
3,297,056,458.36
Items
II. Cash flow from investment activities:
Cash received from disposal of investments
Cash received from gains in investments
Net cash received from disposal of fixed assets,
intangible assets and other long-term assets
Net cash received from disposal of
subsidiaries and other operating entities
Other cash received relating
to investment activities
Sub-total of cash inflows
from investment activities
Cash paid for purchase of fixed assets,
intangible assets and other long-term assets
Cash paid for investment
Net increase in pledged loans
Net cash paid for acquiring subsidiaries
and other operating entities
Other cash paid relating to investing activities
Sub-total of cash outflow from
investment activities
Net cash flow from investment activities
— 29 —
Amount from the
beginning of the
financial year to
the end of the
Period (January
to September)
Amount from the
beginning of last
year to the end of
the reporting period
(January to
September)
4,259,000,000.00
24,616,103.79
9,811,846.95
4,068,337.33
12,644,630.90
4,287,684,441.12
22,456,477.85
4,485,683,637.91
5,732,387,320.00
3,876,346,138.30
3,226,101,070.92
10,218,070,957.91
-5,930,386,516.79
7,102,447,209.22
-7,079,990,731.37
Items
III. Cash flow from financing activities
Proceeds received from investments
Of which: Proceeds received by subsidiaries
from minority shareholder’s
investment
Cash received from borrowings
Cash received from issuing bonds
Other cash received relating
to financing activities
Sub-total of cash inflow
from financing activities
Cash repayments of borrowing
Cash payments for dividend and
profit distribution or interest repayment
Of which: Dividend and profit paid by
subsidiary to minority
shareholders
Other cash paid relating to financing activities
Sub-total of cash outflow
from financing activities
Net cash flow from financing activities
— 30 —
Amount from the
beginning of the
financial year to
the end of the
Period (January
to September)
Amount from the
beginning of last
year to the end of
the reporting period
(January to
September)
30,376,000.00
1,254,175,000.00
30,376,000.00
7,508,500,000.00
—
965,500,000.00
3,144,000,000.00
2,492,500,000.00
7,538,876,000.00
732,504,090.21
6,890,675,000.00
1,213,327,319.11
2,178,157,798.39
2,549,236,961.91
145,935,000.00
—
1,059,400,000.00
1,920,000.00
2,910,661,888.60
4,628,214,111.40
3,764,484,281.02
3,126,190,718.98
Items
Amount from the
beginning of the
financial year to
the end of the
Period (January
to September)
Amount from the
beginning of last
year to the end of
the reporting period
(January to
September)
IV. Effect on cash and cash equivalents due
to changes in foreign exchange rates
V. Net increase in cash and cash equivalents
Add:
Balance of cash and cash
equivalents at the beginning of
the period
1,443,525,795.68
-656,743,554.03
3,808,945,664.99
6,306,019,488.09
VI. Balance of cash and cash equivalents
at the end of the period
5,252,471,460.67
5,649,275,934.06
Legal representative of
the Company:
Zhang Donghai
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
— 31 —
Person responsible for
the accounting institute:
Yang Yonggang
Cash Flow Statement of the Parent Company
January to September 2014
Prepared by: Inner Mongolia Yitai Coal Co., Ltd.
Unit: RMB0.00 Currency: RMB Type of audit: Unaudited
Amount from the
beginning of the
Amount from the
financial year
beginning of last
to the end of the
year to the end of
Period (January the reporting period
to September) (January to September)
Items
I. Cash flow from operating activities
Cash received from sales of goods
and provision of services
Tax rebates
Other cash received from activities
related to operation
Sub-total of cash inflow from
operating activities
Cash paid for goods purchased
and service rendered
Cash paid to and on behalf of employees
Taxes paid
Other cash paid for activities
related to operation
Sub-total of cash outflow
from operating activities
Net cash flow from operating activities
— 32 —
8,467,805,825.60
15,302,651,660.21
354,595,479.37
50,877,346.28
8,822,401,304.97
15,353,529,006.49
6,967,061,934.21
651,432,162.84
828,792,596.12
9,634,506,473.24
386,019,431.12
2,239,761,681.70
214,786,974.37
208,403,445.95
8,662,073,667.54
160,327,637.43
12,468,691,032.01
2,884,837,974.48
Amount from the
beginning of the
Amount from the
financial year
beginning of last
to the end of the
year to the end of
Period (January the reporting period
to September) (January to September)
Items
II. Cash flow from investment activities:
Cash received from disposal of investments
Cash received from gains in investments
Net cash received from disposal of fixed assets,
intangible assets and other long-term assets
Net cash received from disposal
of subsidiaries and other operating entities
Other cash received relating
to investment activities
Sub-total of cash inflow
from investment activities
Cash paid for purchase of fixed assets,
intangible assets and other long-term assets
Cash paid for investment
Net cash paid for acquiring subsidiaries
and other operating entities
Other cash paid relating to investment activities
Sub-total of cash outflow
from investment activities
Net cash flow from investment activities
— 33 —
4,250,000,000.00
419,181,103.79
200,000,000.00
90,111,846.95
2,022,337.63
4,606,950.27
7,693,400.00
4,678,896,841.42
294,718,797.22
885,094,122.64
5,360,000,000.00
1,531,961,582.86
6,001,234,805.09
6,245,094,122.64
-1,566,197,281.22
7,533,196,387.95
-7,238,477,590.73
Amount from the
beginning of the
Amount from the
financial year
beginning of last
to the end of the
year to the end of
Period (January the reporting period
to September) (January to September)
Items
III. Cash flow from financing activities
Cash received from investments
Cash received from borrowings
Cash received from issuing bonds
Other cash received relating
to financing activities
Sub-total of cash inflow
from financing activities
Cash repayments of borrowing
Cash payments for dividend and profit
distribution or interest repayment
Other cash paid relating to financing activities
Sub-total of cash outflow
from financing activities
Net cash flow from financing activities
— 34 —
3,910,000,000.00
100,000,000.00
2,492,500,000.00
3,910,000,000.00
95,000,000.00
2,592,500,000.00
44,000,000.00
1,389,471,999.99
1,139,664,414.29
1,484,471,999.99
2,425,528,000.01
1,183,664,414.29
1,408,835,585.71
Amount from the
beginning of the
Amount from the
financial year
beginning of last
to the end of the
year to the end of
Period (January the reporting period
to September) (January to September)
Items
IV. Effect on cash and cash equivalents
due to changes in foreign exchange rates
V. Net increase in cash and cash equivalents
Add:
Balance of cash and cash
equivalents at the beginning
of the period
1,019,658,356.22
-2,944,804,030.54
1,562,453,466.95
5,543,553,470.15
VI. Balance of cash and cash equivalents
at the end of the period
2,582,111,823.17
2,598,749,439.61
Legal representative of
the Company:
Zhang Donghai
Person-in-charge of
accounting affairs of
the Company:
Lv Guiliang
Person responsible for
the accounting institute:
Yang Yonggang
By order of the Board
Inner Mongolia Yitai Coal Co., Ltd.
Zhang Donghai
Chairman
Inner Mongolia, the PRC, 27 October 2014
As at the date of this announcement, the executive directors of the Company are Mr. Zhang
Donghai, Mr. Liu Chunlin, Mr. Ge Yaoyong, Mr. Zhang Dongsheng, Mr. Zhang Xinrong,
Mr. Lv Guiliang and Mr. Song Zhanyou; and the independent non-executive directors are
Mr. Yu Youguang, Mr. Qi Yongxing, Ms. Song Jianzhong and Mr. Tam Kwok Ming, Banny.
* For identification purposes only
— 35 —