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.
Beijing Jingneng Clean Energy Co., Limited
北京京能清潔能源電力股份有限公司
(A joint stock company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 00579)
ANNOUNCEMENT
This announcement is made by Beijing Jingneng Clean Energy Co., Limited (the “Company”)
pursuant to Inside Information Provisions (as defined under the Rules Governing the Listing of
Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”)) under Part XIVA
of the Securities and Futures Ordinance and Rule 13.09(2) of the Listing Rules.
As the Company has issued short-term debentures in the PRC, the Company, in accordance with
the relevant rules and regulations of the People’s Bank of China and the National Association of
Financial Market Institutional Investors, announced the internal financial data of the Company and
its subsidiaries for the nine months ended 30 September 2014 prepared in accordance with the PRC
Generally Accepted Accounting Principles.
Investors are cautioned that the internal financial data for the nine months ended 30 September
2014 has not been audited by independent auditors nor reviewed by the audit committee of the
Company.
The relevant documents were posted on China Money and Shanghai Clearing House at websites of
www.chinamoney.com.cn and www.shclearing.com, respectively, on 28 October 2014.
-1-
Balance Sheet
30 September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (consolidated)
Assets
Current assets:
Cash
#Settlement reserves
#Capital lend
Financial assets held for trading
Bills receivable
Trade receivables
Prepayments
Interest receivable
Dividend receivable
Other receivables
#Financial assets held under resale agreements
Inventory
Including: raw materials
Fuel
Stock inventory (finished products)
Non-current assets due within one year
Other current assets
Total current assets
-2-
At the end
of the period
Unit: RMB
At the beginning
of the year
2,457,557,421.34
–
–
–
54,290,000.00
2,598,260,763.34
998,378,057.36
512,653.60
–
177,119,345.06
–
106,885,947.60
89,904,421.26
–
–
–
546,775,503.34
6,939,779,691.64
2,741,291,509.41
–
–
–
44,894,551.02
2,710,203,534.49
788,282,827.75
4,775,168.35
–
270,535,787.48
–
84,610,686.52
82,396,025.95
–
–
–
596,168,140.48
7,240,762,205.50
Assets
Non-current assets:
#Grant of loans and advances
Financial assets available for sale
Held-to-maturity investment
Long-term receivables
Long-term equity investment
Investment properties
Cost of fixed assets
Less: accumulated depreciation
Net fixed assets
Less: provision for fixed asset impairment
Net fixed assets
Construction in progress
Project materials
Disposal of fixed assets
Productive biological assets
Oil and gas assets
Intangible assets
Development costs
Goodwill
Long-term deferred expenses
Deferred income tax assets
Other non-current assets
Total non-current assets
Total assets
-3-
At the end
of the period
Unit: RMB
At the beginning
of the year
–
128,527,500.00
–
–
1,997,828,038.24
–
25,302,079,495.38
5,206,985,106.67
20,095,094,388.71
–
20,095,094,388.71
9,850,357,307.88
328,150,748.48
–
–
–
232,383,192.81
12,710,859.64
1,423,517,953.77
9,204,737.60
92,249,306.89
914,663,849.30
35,084,687,883.32
42,024,467,574.96
–
98,527,500.00
–
–
1,721,282,476.42
–
23,331,856,123.02
4,398,356,650.17
18,933,499,472.85
–
18,933,499,472.85
6,360,806,959.79
1,785,516,076.26
–
–
–
231,029,667.18
1,034,334.51
1,423,517,953.77
1,747,580.48
92,249,306.89
685,217,544.22
31,334,428,872.37
38,575,191,077.87
Liabilities and owners’ equity
(or shareholders’ equity)
Current liabilities:
Short-term borrowing
#Borrowings from central bank
#Absorbing deposit and interbank deposit
#Capital borrowed
Financial liabilities held for trading
Bills payable
Trade payables
Advances received
#Selling financial assets of repurchase
#Commission charge and commission payable
Salary payable
Tax charge payable
Including: tax payable
Interest payable
Dividend payable
Other payables
#Client money received for acting as securities
trading agent
#Client money received for acting as securities
underwriter
Non-current liabilities due within one year
Other current liabilities
Total current liabilities
-4-
At the end
of the period
Unit: RMB
At the beginning
of the year
4,991,000,000.00
–
–
–
23,457,477.43
407,230,732.00
3,073,330,050.76
33,465,739.44
–
–
51,565,726.13
92,010,626.08
90,749,754.70
151,309,835.30
56,948,470.72
356,445,568.90
4,766,000,000.00
–
–
–
–
1,201,155,427.52
3,303,513,945.64
17,409,023.61
–
–
53,794,894.44
194,710,531.54
190,875,784.98
217,013,381.99
68,862.00
246,858,950.67
–
–
–
–
4,514,712,666.68
803,200.00
13,752,280,093.44
718,143,333.34
–
10,718,668,350.75
Liabilities and owners’ equity
(or shareholders’ equity)
Non-current liabilities:
Long-term loans
Debentures payable
Long-term payables
Special payables
Accrued liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
Owners’ equity (or shareholders’ equity):
Paid-in capital
Capital reserves
Surplus reserves
Including: statutory reserve
Discretionary reserve
#Generic risk reserve
Unallocated profits
Foreign currency translation differences
Total equity attributable to the parent’s owners
Minority interest
Total owners’ equity
Total liabilities and owners’ equity
-5-
At the end
of the period
Unit: RMB
At the beginning
of the year
15,246,557,854.02
1,191,899,136.25
–
–
–
3,163,832.72
188,330,920.84
16,629,951,743.83
30,382,231,837.27
12,011,229,707.52
4,588,434,136.25
–
–
–
3,163,832.72
190,742,105.08
16,793,569,781.57
27,512,238,132.32
6,477,413,454.00
1,773,581,489.10
228,872,575.50
228,872,575.50
–
–
2,816,811,621.54
-28,629,205.41
11,268,049,934.73
374,185,802.96
11,642,235,737.69
42,024,467,574.96
6,477,413,454.00
1,784,248,285.70
228,872,575.50
228,872,575.50
–
–
2,284,640,836.73
–
10,775,175,151.93
287,777,793.62
11,062,952,945.55
38,575,191,077.87
Income statement
September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (consolidated)
5,091,483,378.15
5,091,483,378.15
–
–
5,141,971,329.40
4,153,399,588.34
–
–
30,141,890.99
–
186,028,595.52
772,411,574.35
756,094,482.99
-10,319.80
–
338,989,557.33
Unit: RMB
Amount for the
corresponding period
of the previous year
4,664,973,078.85
4,664,973,078.85
–
–
4,440,813,473.10
3,593,683,672.74
–
–
25,496,931.12
–
166,635,130.33
654,997,738.91
639,915,478.74
–
–
243,745,936.00
277,895,561.81
226,719,247.76
–
288,501,606.08
767,442,555.03
–
467,905,541.75
551,583,327.78
37,592.80
31,161.96
764,339,503.10
–
1,080,930.20
540,408,437.11
–
10,546,392.76
508,010.40
10,367,328.51
–
1,054,863,230.91
177,968,461.36
876,894,769.55
813,291,428.71
63,603,340.84
–
1,008,942,476.77
151,477,766.22
857,464,710.56
801,956,053.78
55,508,656.78
–
–
–
–
Accumulated
amount for the year
Item
I. Total operational income
Including: operational income
#Interest income
#Commission charge and commission income
II.Total operational cost
Including:operational cost
#Interest expense
#Commission charge and commission expenses
Business tax and surcharges
Sales expense
Management expense
Finance expense
Including: Interest expense
Impairment loss of assets
Add:
Gain from change of fair value (loss indicated by “–”)
Investment gain (loss indicated by “–”)
Including: gain from investment in associated
companies and joint ventures
#Exchange gain (loss indicated by “–”)
III.Operational profit (loss indicated by “–”)
Add:
Non-operational income
Including: revenue from disposal of
non-current assets
income from government subsidies
revenue from debt restructuring
Less:
Non-operational expenses
Including: loss from disposal of
non-current assets
loss from debt restructuring
IV.Total profit (total loss indicated by “–”)
Less:
Income tax expense
V.Net profit (net loss indicated by “–”)
Net profit attributable to the parent’s owners
Profit or loss of minority interest
VI.Earnings per share:
(1) Basic earnings per share
(2) Diluted earnings per share
-6-
cash flow statement
September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (consolidated)
Accumulated
amount for the year
Item
I. Cash flow generated from operating activities:
Cash inflow on sales of goods and provision of labor services
#Net increase in customer deposits and interbank deposits
#Net increase in borrowings from central bank
#Net increase in borrowings from other financial
institutions
#Net increase in disposal of financial assets held for trading
#Cash received from interest, fee and commission
#Net increase in capital borrowed
#Net increase of returned business capital
Tax refunds received
Cash generated from other operating activities
Sub-total of cash inflows from operating activities
Cash paid for purchase of goods and engagement of labor services
#Net increase of customer loans and advances
#Net increase of deposits in central bank and interbank
#Cash paid for interest, fee and commission
Cash paid to and for employees
Payments of all types of taxes
Cash paid for other operating activities
Sub-total of cash used in operating activities
Net cash flow from operating activities
II.Cash flow generated from investing activities:
Cash received from disposal of investment
Cash received from investment gains
Net cash inflow on disposal of fixed assets,
intangible assets and other long-term assets
Net cash inflow on disposal of subsidiaries and
other operational units
Cash generated from other investing activities
Sub-total of cash inflows from investing activities
Cash paid for acquisition of fixed assets,
intangible assets and other long-term assets
Cash paid for investments
#Net increase of mortgaged loans
Net cash paid for acquisition of subsidiaries and
other operational units
Cash paid for other investing activities
Sub-total of cash used in investing activities
Net cash flow from investing activities
-7-
Unit: RMB
Amount for the
corresponding period
of the previous year
6,178,613,966.75
–
–
5,428,581,498.73
–
–
–
–
–
–
–
–
16,546,063.14
697,430,853.72
6,892,590,883.61
3,848,444,628.86
–
–
–
242,573,968.40
532,956,872.57
124,294,566.68
4,748,270,036.51
2,144,320,847.10
–
–
–
–
9,624,046.60
444,192,497.45
5,882,398,042.78
2,082,099,324.55
–
–
–
222,276,149.29
385,490,628.92
146,155,715.70
2,836,021,818.46
3,046,376,224.32
138,071,676.42
19,928,546.56
85,000,000.00
12,241,153.65
858,402.32
683,243.17
20,160,000.00
50,400,000.00
291,109,665.74
470,128,291.04
104,765,470.19
253,089,867.01
4,090,935,839.34
3,308,859,661.60
180,000,000.00
–
919,928,700.00
–
–
–
267,894,748.89
4,538,830,588.23
-4,068,702,297.19
37,898,434.06
4,266,686,795.66
-4,013,596,928.65
Accumulated
amount for the year
Item
III.Cash flow generated from financing activities:
Cash received from investors
Including: Cash received from absorbing minority
shareholders’ investment by subsidiaries
Cash received from obtaining borrowings
#Cash received from issuing bonds
Cash received from other financing activities
Sub-total of cash inflows from financing activities
Cash paid for repayment of debt
Cash paid for distribution of dividends,
profit or payment of interests
Including: Dividend and profit of minority
shareholder paid by subsidiaries
Cash paid for other financing activities
Sub-total of cash used in financing activities
Net cash flow from financing activities
IV.Effect on cash and cash equivalent from
change of exchange rate
V.Net increase in cash and cash equivalent
Add: Balance of cash and cash equivalent at the
beginning of the period
VI.Balance of cash and cash equivalent at the end
of the period
-8-
Unit: RMB
Amount for the
corresponding period
of the previous year
110,312,916.96
–
110,312,916.96
–
9,198,648,031.19
–
104,799,863.88
9,413,760,812.03
6,319,067,747.08
9,331,263,511.30
–
105,877,516.65
9,437,141,027.95
6,914,465,096.30
1,345,546,920.97
1,073,168,068.78
17,567,567.57
100,517,405.39
101,057,640.45
7,765,672,308.50
1,648,088,503.53
53,581,963.38
8,041,215,128.46
1,395,925,899.49
-7,441,141.51
-4,142,860.43
-283,734,088.07
424,562,334.73
2,741,291,509.41
2,385,692,634.67
2,457,557,421.34
2,810,254,969.40
Balance Sheet of the Parent
30 September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (the Parent)
Assets
Current assets:
Cash
#Settlement reserves
#Capital lend
Financial assets held for trading
Bills receivable
Trade receivables
Prepayments
Interest receivable
Dividend receivable
Other receivables
#Financial assets held under resale agreements
Inventory
Including: raw materials
Fuel
Stock inventory (finished products)
Non-current assets due within one year
Other current assets
Total current assets
-9-
At the end
of the period
Unit: RMB
At the beginning
of the year
78,639,080.82
–
–
–
–
46,456,983.14
137,581,500.99
37,192,415.55
740,796,442.40
631,203,345.38
–
–
–
–
–
–
1,410,000,000.00
3,081,869,768.28
1,175,442,248.45
–
–
–
–
127,640,499.28
134,007,626.72
69,505,288.47
238,125,504.54
1,069,616,365.72
–
–
–
–
–
–
1,018,071,676.42
3,832,409,209.60
Assets
Non-current assets:
#Grant of loans and advances
Financial assets available for sale
Held-to-maturity investment
Long-term receivables
Long-term equity investment
Investment properties
Cost of fixed assets
Less: accumulated depreciation
Net fixed assets
Less: provision for fixed asset impairment
Net fixed assets
Construction in progress
Project materials
Disposal of fixed assets
Productive biological assets
Oil and gas assets
Intangible assets
Development costs
Goodwill
Long-term deferred expenses
Deferred income tax assets
Other non-current assets
Total non-current assets
Total assets
- 10 -
At the end
of the period
Unit: RMB
At the beginning
of the year
–
128,027,500.00
–
–
14,660,104,068.20
–
1,439,032,442.09
370,627,308.93
1,068,405,133.16
–
1,068,405,133.16
810,181,716.27
–
–
–
–
5,625,883.35
–
–
–
49,499,653.25
4,554,404,289.58
21,276,248,243.81
24,358,118,012.09
–
30,000,000.00
–
–
13,029,655,360.47
–
1,438,578,978.06
317,129,813.34
1,121,449,164.72
–
1,121,449,164.72
500,978,842.33
–
–
–
–
6,016,854.86
–
–
–
49,499,653.25
4,502,590,164.36
19,240,190,039.99
23,072,599,249.59
Liabilities and owners’ equity
(or shareholders’ equity)
Current liabilities:
Short-term borrowings
#Borrowings from central bank
#Absorbing deposit and interbank deposit
#Capital borrowed
Financial liabilities held for trading
Bills payable
Trade payables
Advances received
#Selling financial assets of repurchase
#Commission charge and commission payable
Salary payable
Tax charge payable
Including: tax payable
Interest payable
Dividend payable
Other payables
#Client money received for acting as securities
trading agent
#Client money received for acting as securities
underwriter
Non-current liabilities due within one year
Other current liabilities
Total current liabilities
- 11 -
At the end
of the period
Unit: RMB
At the beginning
of the year
3,450,000,000.00
–
–
–
–
–
185,483,388.36
–
–
–
3,708,429.10
18,673,512.51
18,677,883.73
119,970,275.33
–
8,479,197.26
2,960,000,000.00
–
–
–
–
–
54,744,241.62
–
–
–
3,991,786.06
29,211,392.70
30,685,804.73
195,950,509.45
–
5,886,836.12
–
–
–
–
3,414,800,000.00
–
7,201,114,802.56
–
–
3,249,784,765.95
Liabilities and owners’ equity
(or shareholders’ equity)
Non-current liabilities:
Long-term loans
Debentures payable
Long-term payables
Special payables
Accrued liabilities
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
Owners’ equity (or shareholders’ equity):
Paid-in capital
Capital reserves
Surplus reserves
Including: statutory reserve
Discretionary reserve
#Generic risk reserve
Unallocated profits
Foreign currency translation differences
Total equity attributable to the parent’s owners
Minority interest
Total owners’ equity
Total liabilities and owners’ equity
- 12 -
At the end
of the period
Unit: RMB
At the beginning
of the year
4,014,800,000.00
1,194,099,136.25
–
–
–
–
151,868,420.83
5,360,767,557.08
12,561,882,359.64
3,860,000,000.00
4,591,734,136.25
–
–
–
–
153,842,105.08
8,605,576,241.33
11,855,361,007.28
6,477,413,454.00
3,369,325,170.44
228,872,575.50
228,872,575.50
–
–
1,720,624,452.51
–
11,796,235,652.45
–
11,796,235,652.45
24,358,118,012.09
6,477,413,454.00
3,301,297,670.44
228,872,575.50
228,872,575.50
–
–
1,209,654,542.37
–
11,217,238,242.31
–
11,217,238,242.31
23,072,599,249.59
Income Statement
September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (the Parent)
121,069,068.23
121,069,068.23
–
–
524,987,886.74
61,866,870.59
–
–
6,025,652.45
–
34,344,604.26
422,750,759.44
403,679,873.96
–
–
1,166,905,716.99
Unit: RMB
Amount for the
corresponding period
of the previous year
142,434,606.85
142,434,606.85
–
–
361,736,967.72
65,073,033.76
–
–
775,843.98
–
25,826,565.02
270,061,524.96
259,697,272.00
–
–
962,357,155.77
277,895,561.81
226,719,247.76
–
762,986,898.48
29,602,755.56
–
743,054,794.90
28,224,455.11
5,595.75
–
29,596,559.81
–
500,000.00
28,224,455.11
–
184,443.61
–
23,484.75
–
792,089,654.04
–
792,089,654.04
792,089,654.04
–
–
771,094,806.40
–
771,094,806.40
771,094,806.40
–
–
–
–
–
Accumulated
amount for the year
Item
I. Total operational income
Including:operational income
#Interest income
#Commission charge and commission income
II.Total operational cost
Including:operational cost
#Interest expense
#Commission charge and commission expenses
Business tax and surcharges
Sales expense
Management expense
Finance expense
Including: Interest expense
Impairment loss of assets
Add:
Gain from change of fair value (loss indicated by “–”)
Investment gain (loss indicated by “–”)
Including: gain from investment in associated
companies and joint ventures
#Exchange gain (loss indicated by “–”)
III.Operational profit (loss indicated by “–”)
Add:
Non-operational income
Including: revenue from disposal of
non-current assets
income from government subsidies
revenue from debt restructuring
Less:
Non-operational expenses
Including: loss from disposal of
non-current assets
loss from debt restructuring
IV.Total profit (total loss indicated by “–”)
Less:
Income tax expense
V.Net profit (net loss indicated by “–”)
Net profit attributable to the parent’s owners
Profit or loss of minority interest
VI.Earnings per share:
(1)Basic earnings per share
(2)Diluted earnings per share
- 13 -
Cash Flow Statement
September 2014
Prepared by Beijing Jingneng Clean Energy Co., Limited (the Parent)
Accumulated
amount for the year
Item
I. Cash flow generated from operating activities:
Cash inflow on sales of goods and provision of labor services
#Net increase in customer deposits and interbank deposits
#Net increase in borrowings from central bank
#Net increase in borrowings from other financial institutions
#Net increase in disposal of financial assets held for trading
#Cash received from interest, fee and commission
#Net increase in capital borrowed
#Net increase of returned business capital
Tax refunds received
Cash generated from other operating activities
Sub-total of cash inflows from operating activities
Cash paid for purchase of goods and engagement of labor services
#Net increase of customer loans and advances
#Net increase of deposits in central bank and interbank
#Cash paid for interest, fee and commission
Cash paid to and for employees
Payments of all types of taxes
Cash paid for other operating activities
Sub-total of cash used in operating activities
Net cash flow from operating activities
II.Cash flow generated from investing activities:
Cash received from disposal of investment
Cash received from investment gains
Net cash inflow on disposal of fixed assets,
intangible assets and other long-term assets
Net cash inflow on disposal of subsidiaries and
other operational units
Cash generated from other investing activities
Sub-total of cash inflows from investing activities
Cash paid for acquisition of fixed assets,
intangible assets and other long-term assets
Cash paid for investments
#Net increase of mortgaged loans
Net cash paid for acquisition of subsidiaries and
other operational units
Cash paid for other investing activities
Sub-total of cash used in investing activities
Net cash flow from investing activities
- 14 -
Unit: RMB
Amount for the
corresponding period
of the previous year
217,595,842.63
–
–
–
–
–
–
–
10,123,368.57
4,454,377.82
232,173,589.02
7,878,673.04
–
–
–
17,340,072.76
33,472,055.37
25,881,610.22
84,572,411.39
147,601,177.63
128,572,477.42
–
–
–
–
–
–
–
4,202,946.73
19,848,070.88
152,623,495.03
10,150,149.50
–
–
–
15,668,254.49
44,142,956.29
17,448,495.75
87,409,856.03
65,213,639.00
968,071,676.42
420,897,646.22
1,425,000,000.00
601,348,289.38
–
3,000.00
–
–
19,797,088.99
1,408,766,411.63
575,702,143.89
2,602,053,433.27
202,111,477.30
473,117,055.34
2,863,903,145.92
–
4,591,230,700.00
–
–
–
83,050,692.55
3,149,065,315.77
-1,740,298,904.14
1,302,323,608.07
6,366,671,363.41
-3,764,617,930.14
Accumulated
amount for the year
Item
III.Cash flow generated from financing activities:
Cash received from investors
Including: Cash received from absorbing minority
shareholders’ investment by subsidiaries
Cash received from obtaining borrowings
#Cash received from issuing bonds
Cash received from other financing activities
Sub-total of cash inflows from financing activities
Cash paid for repayment of debt
Cash paid for distribution of dividends,
profit or payment of interests
Including: Dividend and profit of minority
shareholder paid by subsidiaries
Cash paid for other financing activities
Sub-total of cash used in financing activities
Net cash flow from financing activities
IV.Effect on cash and cash equivalent from
change of exchange rate
V.Net increase in cash and cash equivalent
Add: Balance of cash and cash equivalent at the
beginning of the period
VI.Balance of cash and cash equivalent at the end
of the period
Unit: RMB
Amount for the
corresponding period
of the previous year
–
–
–
–
4,377,000,000.00
–
1,084,380,295.05
5,461,380,295.05
3,717,400,000.00
5,160,000,000.00
–
500,919,412.26
5,660,919,412.26
1,630,000,000.00
809,515,095.33
487,294,603.92
–
–
433,171,509.00
4,960,086,604.33
501,293,690.72
425,469,527.69
2,542,764,131.61
3,118,155,280.65
-5,399,131.84
-4,004,391.07
-1,096,803,167.63
-585,253,401.56
1,175,442,248.45
1,056,078,522.01
78,639,080.82
470,825,120.45
By order of the Board
Beijing Jingneng Clean Energy Co., Limited
Lu Haijun
Chairman of the Board
Beijing, the PRC
28 October 2014
As at the date of this announcement, the non-executive directors of the Company are Mr. Lu Haijun,
Mr. Guo Mingxing, Mr. Xu Jingfu, Mr. Liu Guochen, Mr. Yu Zhongfu and Mr. Jin Yudan; the
executive director of the Company is Mr. Chen Ruijun; and the independent non-executive directors
of the Company are Mr. Liu Chaoan, Mr. Shi Xiaomin, Ms. Lau Miu Man and Mr. Han Xiaoping.
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