Half-yearly Report
CHINA CDM EXCHANGE CENTRE LIMITED
INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2012
Statement of the Board
China CDM Exchange Centre Limited ("the Company") presents its interim results
for the six months ended 30 June 2012.
Although the carbon market has still been in a depressive situation since the
second half of 2011, the renewable energy filed still maintains its upward
momentum and shows its bright future under the strong policy support from the
government of China. Based upon the industry pertinence, our board set about
developing new business in the renewable energy field. We believe there will be
some improvement to our financial position in the second half of 2012.
………………………
Chairman
For and on behalf of the Board of
China CDM Exchange Centre Limited
Date: 26 September 2012
Enquiries:
China CDM Exchange Centre Limited +86 010
87246056end_of_the_skype_highlighting
Jeanne_0618@yahoo.com.cn
PLUS Advisor: 020 7251 3762
Alfred Henry Corporate Finance Ltd
www.alfredhenry.com
Jon Isaacs/Nick Michaels
The Directors accept responsibility for this announcement.
CHINA CDM EXCHANGE CENTRE LIMITED
INCOME STATEMENTS
Notes 1/1/2012-6/30/2012 1/1/2011-12/31/2011
RMB GBP RMB GBP
Revenue 3 1,893,870.00 193,958.60
Cost of sales (3,285,937.80) (336,525.69) (7,591,192.00) (781,662.34)
Gross profit (1,392,067.80) (142,567.09) (7,591,192.00) (781,662.34)
Selling
expense
Administration (747,443.49) (76,548.60) (1,831,070.55) (188,544.68)
expenses
Profit from 4 (2,139,511.29) (219,115.69) (9,422,262.55) (970,207.02)
operations
Foreign (190,534.10) (19,513.34) (726,335.25) (74,790.48)
exchange gains
Profit before (2,330,045.39) (238,629.03) (10,148,597.80) (1,044,997.50)
income tax
The accompanying notes form an integral part of these financial statements.
Average exchange rate:（2012.1-6）RMB/GBP：9.7643; （2011）RMB/GBP：10.3639;
CHINA CDM EXCHANGE CENTRE LIMITED
BALANCE SHEETS
Note 6/30/2012 12/31/2011
RMB GBP RMB GBP
Non-current assets
Property Plant and 5 160,913.35 16,391.46 221,624.71 22,820.62
Equipment
Long term investment 6 372,042,500.00 37,898,165.41 372,042,500.00 38,309,083.93
Intangible assets 7 117,260,000.12 11,944,707.61 126,280,000.10 13,003,006.72
Total non-current assets 489,463,413.47 49,859,264.48 498,544,124.81 51,334,911.27
Current Assets
Trade receivable 8 68,121,055.03 6,939,161.55 68,121,055.03 7,014,400.82
Other receivables
Cash and cash 9 5,284,004.39 538,255.90 3,580,668.49 368,700.22
equivalents
Financial assets at fair
value through profit or
loss
Total current assets 73,405,059.42 7,477,417.46 71,701,723.52 7,383,101.04
Total assets 562,868,472.89 57,336,681.94 570,245,848.33 58,718,012.31
Current Liabilities
Other payables 3,972,669.93 404,676.62
Total current 3,972,669.93 404,676.62
liabilities
Capital and Reserves
Share capital 10 221,999,000.00 15,020,515.41 221,999,000.00 15,020,515.41
Capital surplus 118,324,345.68 12,188,828.67 127,344,345.66 13,112,602.01
Public product of 49,336,357.17 3,383,675.49 49,336,357.17 3,383,675.49
surplus
Undistributed profit 169,236,100.11 15,404,775.43 171,566,145.50 15,643,404.46
Foreign currency 10,934,210.31 11,557,814.94
translation difference
Total shareholder's 558,895,802.96 56,932,005.31 570,245,848.33 58,718,012.31
equity
Total liabilities and 562,868,472.89 57,336,681.94 570,245,848.33 58,718,012.31
shareholder's equity
The accompanying notes form an integral part of these financial statements.
Exchange rate:（30 Jun., 2012）RMB/GBP：9.8169; (31 Dec., 2011) RMB/GBP: 9.7116
CHINA CDM EXCHANGE CENTRE LIMITED
CASHFLOW STATEMENTS
Note 1/1/2012-6/30/2012 1/1/2011-12/31/2011
RMB GBP RMB GBP
Cashflows from operating
activities
Cashflows from operating 11 1,893,870.00 193,958.60 (9,306,339.83) (897,957.32)
operations:
Net cash generated from
operating activities
Cashflows from investing
activities
Cash payment for
investment
Other investment
Net cash used in
investing activities
Cashflows from financing
activities
Proceeds from issuance of
ordinary shares
Net cash used in
financing activities
Gains on foreign (190,534.10) (19,513.34) (726,335.25) (70,083.20)
transactions
Net (decrease)/increase 1,703,335.90 174,445.26 (10,032,675.08) (968,040.51)
in cash and bank balance
Cash and bank balance at 3,580,668.49 366,710.21 13,613,343.57 1,313,534.82
the beginning of year
Cash and bank balance at 5,284,004.39 541,155.47 3,580,668.49 345,494.31
the end of year
The accompanying notes form an integral part of these financial statements.
Average exchange rate:（2012.1-6）RMB/GBP：9.7643; （2011）RMB/GBP：10.3639;
Details of the adjusted earnings per share are set out below:
2012.1-6 2011 2010
Basic EPS (GBP) -0.002 -0.009 0.05
Earnings attributable to ordinary (238,629.03) (1,044,997.50) 5,868,205.90
shareholders (GBP)
Weighted average number of shares 117,000,000 117,000,000 117,000,000
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