I. TOTAL PROFIT & ITS COMPONENT (Year Ended 31 December)
II. MAIN ACCOUNTING DATA & BUSINESS DATA (Expressed in RMB millions)
Note: Calculation of Main Financial Indexes:
Calculation of Overall Spread Method:
Earnings per Share = Net Profit/Total number of Ordinary shares at the year-end
Net Assets per Share = Shareholders' Equity at the Year-end/Total number of Ordinary shares
at the year-end
Net Assets Yield (%) = Net Profit/Shareholders' Equity at the Year-end
Net Assets per Share upon Adjustments = (Shareholder's Equity at the Year-end - Accounts
Receivable ageing more than 3 years - Deferred & Prepaid Expenses - Net Loss for Properties
pending Disposal - Deferred Assets)/Number of Common Shares at the Year-end
Calculation of Weighted Average Method:
Capital of Weighted Average = (Total Number of Ordinary Shares at the Year-beginning x 6
+ Total Number of Ordinary Shares at the Year-end x 6)/12
Net Assets per Share = Shareholders' Equity at the Year-end/Weighted Average Number of
Shares
Net Assets Yield (%) = Net Profit/[(Shareholders' Equity at the Year-beginning + Shareholders'
Equity at the Year-end)/2] x 100%
Net Assets per Share upon Adjustments = (Shareholders' Equity at the Year-end - Accounts
Receivable ageing more than 3 years - Deferred and Prepaid Expenses - Net Loss for
Properties pending Disposal - Deferred Assets)/of Weighted Average Number of Shares
III. CHANGES OF SHAREHOLDERS' EQUITY (Expressed in RMB Millions)
Notes to the Changes of Shareholders' Equity:
1. The Changes of Shareholders' Equity arose from the issuing and listing of 1,566,950,000 H
Shares in both the US and Hong Kong in February, 1997 and the issuing of 300,000,000 A
shares in Shanghai Stock Exchange in October, 1997, which included employees' 30,000,000
shares. And, moreover, in November, 1997, 270,000,000 A shares were listed.
2. Capital Reserve was increased by RMB975,688,894.51, the main reason of which was due to
the premium arising from issuing shares, amounting to RMB954,256,406.29; and statutory assets
appraisal increment, amounting to RMB13,479,928.42. Surplus Reserve was increased by
RMB90,603,101.22 due to the provision of Statutory Common Reserve Fund, Statutory
Common Welfare Fund and Discretionary Common Reserve at 10%, 10% and 5% respectively
of after-tax profit. Undistributed Profit was increased by RMB271,809,303.72 mainly due to the
increase of realized after-tax profit in 1997 by RMB362,412,404.94 and the decrease of the
provision of surplus reserve by RMB90,603,101.22.
| © Copyright 1996-2012 irasia.com Ltd. All rights reserved. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |