[公告]飞亚达Ｂ(200026)2009年年度审计报告（英文版）
SHENZHEN FIYTA HOLDINGS LIMITED Financial Statements with Auditors’ Report For The Year Ended 31 December 2009 （English Translation for Reference Only ） CONTENTS Pages I. Auditor’s report 1-2 II. Audited financial statements Consolidated balance sheet 3-4 Consolidated income statement 5 Consolidated cash flow statement 6 Consolidated statement of changes in equity 7 Company balance sheet 8-9 Company income statement 10 Company cash flow statement 11 Company statement of changes in equity 12 Notes to financial statements 13 AUDITOR’S REPORT ZhongRui YueHua Shen Zi (2010) No. 02600 To The Shareholders of Shenzhen Fiyta Holdings Limited We have audited the accompanying financial statements of Shenzhen Fiyta Holdings Limited (“the Company”) andits subsidiaries (“the Group”), which comprise the consolidated and the Company balance sheets as at 31 December 2009, and the consolidated and the Company comprehensive income statements, cash flow statements andstatements of changes in equity for the year then ended, and a summary of significant accounting policies and otherexplanatory notes.Management’s Responsibility for the Financial StatementsThe management is responsible for the preparation and fair presentation of these financial statements in accordancewith Chinese Accounting Standards for Business Enterprises. This responsibility includes (1) designing, implementingand maintaining internal control relevant to the preparation and fair presentation of financial statements that are freefrom material misstatement, whether due to fraud or error; (2) selecting and applying appropriate accounting policies;and making accounting estimates that are reasonable in the circumstances.Auditor’s ResponsibilityOur responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Auditing Standards of Chinese Certified Public Accountants. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether thefinancial statements are free from material misstatement.An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks ofmaterial misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements present fairly, in all material aspects, the financial position of the Group and the Company as 2009 and the financial results and the cash flows for the year then ended in accordance with Accounting Standards for Business Enterprises. Chinese Certified Public Accountant: 王宇桥RSM China Certified Public Accountants Chinese Certified Public Accountant:程峰 Beijing China 15 March 2010 Consolidated Balance Sheet as at 31 December 2009 SHENZHEN FIYTA HOLDINGS Monetary Unit: RMB LIMITED Yuan ASSETS Note 31 December 2009 31 December 2008 Current assets Monetary funds 7.1 95,701,580.19 108,233,795.73 Tradable financial assets - - Notes receivable - - Accounts receivable 7.2 121,982,162.66 100,540,669.65 Advances to suppliers 7.3 9,635,501.76 20,772,416.86 Interest receivable - - Dividend receivable - - Other receivables 7.4 17,788,978.11 19,547,646.16 Inventories 7.5 761,181,955.71 677,127,363.08 Long-term debt investment due within a year - - Other current assets 7.6 3,214,514.17 2,623,608.52 Total current assets 1,009,504,692.60 928,845,500.00 Non-current assets Available-for-sale financial assets 7.7 - 4,543,000.00 Held-to-maturity investments - - Long-term accounts receivable - - Long-term equity investments 7.9 1,921,317.92 7,701,374.39 Investment property 7.1 171,577,646.00 177,773,318.21 Fixed assets 7.11 259,762,029.76 262,829,687.92 Construction in progress - - Construction materials - - Fixed assets held for disposal - - Productive biological assets - - Petrol assets - - Intangible assets 7.12 13,476,895.15 12,896,865.80 Development costs - - Goodwill 7.13 - - Long-term prepayments 7.14 54,969,153.37 35,880,151.86 Deferred tax assets 7.15 12,725,248.99 10,717,647.17 Other non-current assets - - Total non-current assets 514,432,291.19 512,342,045.35 TOTAL ASSETS 1,523,936,983.79 1,441,187,545.35 Consolidated Balance Sheet as at 31 December 2009 (cont'd) SHENZHEN FIYTA HOLDINGS Monetary Unit: RMB Yuan LIMITED 31 December LIABILITIES AND OWNERS' EQUITY Note 31 December 2008 2009 Current liabilities Short-term loans 7.17 555,000,000.00 575,000,000.00 Tradable financial liabilities - - Notes payable - - Accounts payable 7.18 82,618,423.24 58,809,238.66 Advances from customers 7.19 2,012,363.70 2,092,162.76 Accrued payroll 7.2 15,503,449.35 11,845,608.17 Taxes payable 7.21 7,825,840.81 -10,317,406.43 Interest payable 7.22 860,498.61 987,587.50 Dividend payable 7.23 584,110.90 395,426.76 Other payables 7.24 23,025,452.89 36,863,962.80 Long-term liabilities due within a year - - Other current liabilities 7.25 1,280,329.28 1,546,453.73 Total current liabilities 688,710,468.78 677,223,033.95 Non-current liabilities Long-term borrowings 7.26 90,000,000.00 70,000,000.00 Bonds payable - - Long-term payables 7.27 3,500,000.00 10,050,000.00 Special payables - - Estimated liabilities - - Deferred tax liabilities 7.15 106,989.94 371,774.70 Other long-term liabilities 7.28 6,400,000.00 4,050,000.00 Total non-current liabilities 100,006,989.94 84,471,774.70 Total liabilities 788,717,458.72 761,694,808.65 Owner’s equity Share capital 7.29 249,317,999.00 249,317,999.00 Less: Treasury stock - - Capital reserve 7.3 191,847,232.65 193,081,632.65 Surplus reserve 7.31 - - Undistributed profit 7.32 115,946,088.88 109,362,340.60 Differences arising from foreign currency 158,577,089.84 120,025,397.75 exchange Total owner’s equity belonging to parent -879,943.60 -863,824.15 company Minority interests 7.33 714,808,466.77 670,923,545.85 Total owners’ equity 20,411,058.30 8,569,190.85 TOTAL LIABILITIES AND OWNERS’ 735,219,525.07 679,492,736.70 EQUITY Current liabilities 1,523,936,983.79 1,441,187,545.35 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Consolidated Income Statement for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS Monetary Unit: LIMITED RMB Yuan Note 2009 2008 1.Revenue 7.34 1,237,397,878.62 1,086,405,568.28 Less:Cost of sales 7.34 1,237,397,878.62 1,086,405,568.28 Taxes and surcharge for main operations 7.35 1,167,993,659.17 1,016,997,434.92 Operating expenses 828,812,756.86 698,506,248.16 General and administrative expenses 6,471,807.67 7,157,846.06 Financial expenses 7.36 182,282,605.21 163,184,243.63 Losses arising from assets impairment 7.37 109,560,089.61 98,956,724.46 Add:Profit/loss from changes in fair value 41,438,282.28 45,534,434.85 Investment income/ losses 7.38 -571,882.46 3,657,937.76 Of which: income from associates and joint 7.38 - -ventures 2.Operating profit/loss 10,526,626.56 102,851.35 Add: Non-operating revenue 7.39 170,444.40 9,351.35 Less: Non-operating expenditure 7.4 79,930,846.01 69,510,984.71 Of which: losses arising from disposal of 7.4 7,729,432.30 5,019,833.99 non-current assets 3.Income/loss before tax 2,324,188.28 306,263.63 Less: Income tax 7.41 15,890.60 58,183.06 4.Net income/loss 85,336,090.03 74,224,555.07 Net profit attributable to owners of the parent 14,585,556.96 9,205,793.25 company Profit or loss attributable to minority interests 70,750,533.07 65,018,761.82 5.Earnings per share 70,067,240.27 64,522,473.14 Basic earnings per share 7.42 683,292.80 496,288.68 Diluted earnings per share 7.42 6.Other comprehensive income 7.43 0.281 0.259 7.Total comprehensive income 0.281 0.259 Total comprehensive income attributable to owners of -1,251,648.66 -10,791,555.23 the parent company Total comprehensive income attributable to minority 69,498,884.41 54,227,206.59 interests 1.Revenue 7.34 68,816,720.82 53,730,917.91 Less:Cost of sales 7.34 682,163.59 496,288.68 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Consolidated Cash Flow Statement for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS LIMITED Monetary Unit: RMB Yuan Note 2009 2008 Cash flows from operating activities： Cash received from the sale of goods or rendering of services ,379,927,792.90 1,214,962,317.46 Refunds of taxes 74,484.00 - Other cash receipts relating to operating activities 7.44 7,721,429.70 5,256,331.95 Sub-total of cash inflows 1,387,923,706.60 1,220,218,649.41 Cash paid for goods and services 969,506,450.36 1,018,528,515.53 Cash paid to and on behalf of employees 134,079,454.56 117,635,606.50 Payments of all types of taxes 63,306,195.47 51,157,288.24 Other cash payments relating to operating activities 7.44 138,011,083.37 110,622,344.33 Sub-total of cash outflows 1,304,903,183.76 1,297,943,754.60 Net cash flows from operating activities 83,020,522.84 -77,725,105.19 Cash flows from investing activities Cash received from return of investments 10,862,159.16 - Cash received from return on investment - 93,500.00 Net cash received from the sale of fixed assets, intangible assets and other 301,711.00 414,700.00 long-term assets Net cash received from disposal of subsidiaries and other business - - Other cash receipts relating to investing activities 7.44 - 359,963.26 Sub-total of cash inflows 11,163,870.16 868,163.26 Cash paid to acquire fixed assets, intangible assets and other long-term 55,061,967.47 173,444,783.00 assets Cash paid to acquire investments - - - - Other cash payments relating to investing activities 7.47 - - Sub-total of cash outflows 55,061,967.47 173,444,783.00 Net cash flows from investing activities -43,898,097.31 -172,576,619.74 Cash flows from financing activities： Cash received from investments by others 11,347,576.00 - Cash received from borrowings 11,347,576.00 - Other cash receipts relating to financing activities 7.44 652,000,000.00 1,165,000,000.00 Sub-total of cash inflows 29,693,833.34 29,119,083.43 Cash repayments of amounts borrowed 693,041,409.34 1,194,119,083.43 Cash paid for distribution of dividends or profits and for interest expenses 685,000,000.00 855,000,000.00 Other cash payments relating to financing activities 7.44 58,087,430.67 63,169,161.70 Sub-total of cash outflows 1,590,000.00 1,350,000.00 Net cash flows from financing activities 744,677,430.67 919,519,161.70 Effect of changes in foreign exchange rate on cash -51,636,021.33 274,599,921.73 Net increase in cash and cash equivalents -18,619.74 -107,922.81 Add: cash and cash equivalents at beginning of period -12,532,215.54 24,190,273.99 Cash and cash equivalents balance at the end of the year 108,233,795.73 84,043,521.74 Cash flows from operating activities： 95,701,580.19 108,233,795.73 8 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Consolidated Statement of Changes in Owners’ Equity for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS LIMITED Monetary Unit: RMB Yuan 2009 上年数 Total owner’s equity belonging to parent company Total Total owner’s equity belonging to parent company Total Minority owners’ Minority owners’ Capital Surplus Undistribut interests Capital Surplus Undistribut Share interests Share capital Others equity Share capital equity reserve reserve ed profit reserve reserve ed profit capitalI. Balance at the end of 249,317,999.00 193,081,632.65 109,362,340.60 120,025,397.75 -863,824.15 8,569,190.85 679,492,736.70 249,317,999.00 203,323,132.65 103,575,024.27 86,222,040.84 -313,768.92 8,468,328.93 650,592,756.77 the prior year 1.Add ： Changes in - - - - - - - - - - - - - - accounting policies 2.Correction of prior - - - - - - - - - - - - - - periods errors II.Balance at the - - - - - - - - - - - - - - beginning of the year III. Changes for the year 249,317,999.00 193,081,632.65 109,362,340.60 120,025,397.75 -863,824.15 8,569,190.85 679,492,736.70 249,317,999.00 203,323,132.65 103,575,024.27 86,222,040.84 -313,768.92 8,468,328.93 650,592,756.77 (I) Net profit - -1,234,400.00 6,583,748.28 38,551,692.09 -16,119.45 11,841,867.45 55,726,788.37 - -10,241,500.00 5,787,316.33 33,803,356.91 -550,055.23 100,861.92 28,899,979.93 (II)Other prehensive - - - 70,067,240.27 - 683,292.80 70,750,533.07 - - - 64,522,473.14 - 496,288.68 65,018,761.82 income Subtotal of (I) and (II) - -1,234,400.00 - - -16,119.45 -1,129.21 -1,251,648.66 - -10,241,500.00 - - -550,055.23 - -10,791,555.23 (III) Owner’s contributions and - -1,234,400.00 - 70,067,240.27 -16,119.45 682,163.59 69,498,884.41 - -10,241,500.00 - 64,522,473.14 -550,055.23 496,288.68 54,227,206.59 reduction in capital 1. Capital contribution - - - - - 11,348,388.00 11,348,388.00 - - - - - - - from owners 2. Share-based payment recognised in - - - - - 11,348,388.00 11,348,388.00 - - - - - - - shareholders' equity 3. Others - - - - - - - - - - - - - - (IV) Profit distribution - - - - - - - - - - - - - - 1. Transfer to surplus - - 6,583,748.28 -31,515,548.18 - -188,684.14 -25,120,484.04 - - 5,787,316.33 -30,719,116.23 - -395,426.76 -25,327,226.66 reserve 2. Distribution to - - 6,583,748.28 -6,583,748.28 - - - - - 5,787,316.33 -5,787,316.33 - - - [owners/shareholders] 3. Others - - - - - - - - - - - - - - (V) Transfer within - - - -24,931,799.90 - -188,684.14 -25,120,484.04 - - - -24,931,799.90 - -395,426.76 -25,327,226.66 shareholders' equity 1. Capitalisation of capital - - - - - - - - - - - - - - reserve 2. Capitalisation of - - - - - - 10 - - - - - - - - surplus reserve 3. Loss made up by - - - - - - - - - - - - - - surplus reserve 4. Others - - - - - - - - - - - - - - IV B l 31 Balance Sheet as at 31 December 2009 SHENZHEN FIYTA Monetary Unit: RMB Yuan HOLDINGS LIMITED ASSETS Note 31 December 2009 31 December 2008 Current assets Monetary funds 46,560,890.55 54,938,436.99 Tradable financial assets - - Notes receivable - - Accounts receivable 13.1 35,388,589.40 30,970,485.15 Advances to suppliers - - Interest receivable - - Dividend receivable 52,881,874.21 45,838,566.24 Other receivables 13.2 311,998,322.20 328,199,004.65 Inventories 73,836,464.73 70,057,384.10 Long-term debt investment due within a - -year Other current assets - - Total current assets 520,666,141.09 530,003,877.13 Non-current assets Available-for-sale financial assets - 4,543,000.00 Held-to-maturity investments - - Long-term accounts receivable - - Long-term equity investments 13.3 354,429,317.92 336,404,374.39 Investment property 171,577,646.00 177,773,318.21 Fixed assets 246,256,473.81 249,121,975.84 Construction in progress - - Construction materials - - Fixed assets held for disposal - - Productive biological assets - - Petrol assets - - Intangible assets 12,614,912.03 12,783,665.80 Development costs - - Goodwill - - Long-term prepayments 14,079,756.40 10,834,367.04 Deferred tax assets 3,553,212.40 3,940,470.02 Other non-current assets - - Total non-current assets 802,511,318.56 795,401,171.30 TOTAL ASSETS 1,323,177,459.65 1,325,405,048.43 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Consolidated Cash Flow Statement for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS Monetary Unit: RMB Yuan LIMITED Note 2009 2008 Cash flows from operating activities： Cash received from the sale of goods or rendering of services 495,000,000.00 575,000,000.00 Refunds of taxes - Other cash receipts relating to operating activities - - Sub-total of cash inflows 27,685,998.17 7,827,286.28 Cash paid for goods and services 1,302,325.64 318,790.01 Cash paid to and on behalf of employees 6,462,650.00 3,946,072.82 Payments of all types of taxes 10,287,916.08 7,421,939.59 Other cash payments relating to operating activities 860,498.61 987,587.50 Sub-total of cash outflows - - Net cash flows from operating activities 22,697,269.81 31,429,069.07 Cash flows from investing activities - - Cash received from return of investments - 800,000.00 Cash received from return on investment 564,296,658.31 627,730,745.27 Net cash received from the sale of fixed assets, intangible assets and other long-term assets Net cash received from disposal of subsidiaries and other business 90,000,000.00 70,000,000.00 Other cash receipts relating to investing activities - - Sub-total of cash inflows - 50,000.00 Cash paid to acquire fixed assets, intangible assets and other long-term assets - - Cash paid to acquire investments - - 106,989.94 371,774.70 Other cash payments relating to investing activities 5,900,000.00 4,050,000.00 Sub-total of cash outflows 96,006,989.94 74,471,774.70 Net cash flows from investing activities 660,303,648.25 702,202,519.97 Cash flows from financing activities： Cash received from investments by others 249,317,999.00 249,317,999.00 Cash received from borrowings - - Other cash receipts relating to financing activities 191,847,232.65 193,081,632.65 Sub-total of cash inflows - - Cash repayments of amounts borrowed 115,946,088.88 109,362,340.60 Cash paid for distribution of dividends or profits and for 105,762,490.87 71,440,556.21 interest expenses Other cash payments relating to financing activities 662,873,811.40 623,202,528.46 Sub-total of cash outflows 1,323,177,459.65 1,325,405,048.43 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Income Statement for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS Monetary Unit: RMB Yuan LIMITED Note 2009 2008 1.Revenue 十三、4 260,234,276.85 262,408,806.23 Less:Cost of sales 十三、4 116,373,091.46 111,616,068.75 Taxes and surcharge for main operations 4,289,811.05 4,323,178.19 Operating expenses 71,619,687.14 73,833,670.67 General and administrative expenses 48,353,360.86 44,082,027.28 Financial expenses 18,220,189.11 18,612,771.81 Losses arising from assets impairment -1,511,020.64 1,857,687.49 Add:Profit/loss from changes in fair value - - Investment income/ losses 十三、5 63,311,249.05 46,629,791.32 Of which: income from associates and joint 170,444.40 9,351.35 ventures 2.Operating profit/loss 66,200,406.92 54,713,193.36 Add: Non-operating revenue 4,827,911.88 2,093,368.05 Less: Non-operating expenditure 2,143,124.79 158,992.94 Of which: losses arising from disposal of non-current 174.00 8,027.70 assets 3.Income/loss before tax 68,885,194.01 56,647,568.47 Less: Income tax 3,047,711.17 -1,225,594.82 4.Net income/loss 65,837,482.84 57,873,163.29 5.Earnings per share Basic earnings per share - - Diluted earnings per share - - 6.Other comprehensive income -1,234,400.00 -10,241,500.00 7.Total comprehensive income 64,603,082.84 47,631,663.29 法定代表人：吴光权 主管会计工作负责人: 李德华 会计机构负责人: 胡性龙 Cash Flow Statement for the year ended 31 December 2009 SHENZHEN FIYTA HOLDINGS LIMITED Monetary Unit: RMB Yuan Note 2009 2008 Cash flows from operating activities： Cash received from the sale of goods or rendering of services 277,435,130.17 267,899,546.79 Refunds of taxes - - Other cash receipts relating to operating activities 44,542,500.20 51,073,084.66 Sub-total of cash inflows 321,977,630.37 318,972,631.45 Cash paid for goods and services 77,693,452.73 111,118,178.71 Cash paid to and on behalf of employees 55,157,765.58 51,128,356.34 Payments of all types of taxes 22,732,578.38 19,143,558.14 Other cash payments relating to operating activities 52,520,140.76 52,852,038.92 Sub-total of cash outflows 208,103,937.45 234,242,132.11 Net cash flows from operating activities 113,873,692.92 84,730,499.34 Cash flows from investing activities Cash received from return of investments 10,862,159.16 - Cash received from return on investment 32,241,314.52 7,438,952.07 Net cash received from the sale of fixed assets, intangible assets and other 299,911.00 381,760.00 long-term assets Net cash received from disposal of subsidiaries and other business - - Other cash receipts relating to investing activities - - Sub-total of cash inflows 43,403,384.68 7,820,712.07 Cash paid to acquire fixed assets, intangible assets and other long-term assets 23,212,156.35 148,969,766.25 Cash paid to acquire investments - - 23,805,000.00 176,200,000.00 Other cash payments relating to investing activities - - Sub-total of cash outflows 47,017,156.35 325,169,766.25 （未完）  |