First Quarterly Report of 2015
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.
DATANG INTERNATIONAL POWER GENERATION CO., LTD.
(a sino-foreign joint stock limited company incorporated in the People's Republic of China)
(Stock Code: 00991)
OVERSEAS REGULATORY ANNOUNCEMENT
AND
INSIDE INFORMATION
FIRST QUARTERLY REPORT OF 2015
In accordance with the requirements of the China Securities Regulatory Commission, Datang International Power
Generation Co., Ltd. (the "Company") is required to publish quarterly reports for the first and third quarters of the
year.
The financial information contained in this quarterly report is unaudited, and was prepared in accordance with the
China Accounting Standards for Business Enterprises ("PRC GAAP").
This announcement is made by the Company pursuant to the 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 (Cap. 571, Law of Hong Kong) and Rules 13.09(2) (a) and 13.10(B) of the
Listing Rules.
1 IMPORTANT NOTICE
1.1 The board of directors (the "Board"), the supervisory committee, the directors, the supervisors and senior
management members of the Company warrant that the information herein contained is true, accurate and complete
and there are no false representations, misleading statements contained in or material omissions from this
quarterly report, and severally and jointly accept the legal responsibility for the truthfulness, accuracy and
completeness of the content hereof.
1.2 All directors of the Company attended the Board meeting to review the quarterly report.
1.3
Person-in-charge of the Company Chen Jinhang
Person-in-charge of accounting matters Liu Quancheng
Person-in-charge of accounting institution Sun Yanwen
(head of accounting function)
Mr. Chen Jinhang, the person-in-charge of the Company and Mr. Liu Quancheng, the person-in-charge of accounting
matters and Mr. Sun Yanwen, the person-in-charge of accounting institution (head of accounting function),
hereby warrant the truthfulness, accuracy and completeness of the financial statements contained in this
quarterly report.
1.4 The first quarterly report of the Company are unaudited.
2 CHANGES IN MAJOR FINANCIAL DATA AND SHAREHOLDERS OF THE COMPANY
2.1 Major accounting data and financial indicators
Unit: RMB'000 Currency: RMB
Increase/decrease
at the end of the
reporting period
As at the end of As at the end of as compared to the
the reporting the previous end of the
period reporting period previous year (%)
Total assets 303,559,044 302,431,367 0.37
Net assets attributable to equity
holders of the Company 44,607,338 43,803,449 1.84
Beginning of the Beginning of the Increase/decrease
year to the end of previous year to as compared to the
the reporting the end of the corresponding
period previous reporting period of the
period previous year (%)
Net cash flows generated from
operating activities 7,214,236 7,498,388 -3.79
Beginning of the Beginning of the Increase/decrease
year to the end of previous year to as compared to the
the reporting the end of the corresponding
period previous reporting period of the
period previous year (%)
Operating revenue 15,340,879 17,512,025 -12.40
Net profit attributable to equity
holders of the Company 775,286 942,524 -17.74
Net profit attributable to equity
holders of the Company after
excluding non-recurring
profit/loss 737,686 912,778 -19.18
Return on net assets (weighted average) (%) 1.75 2.12 A decrease of 0.37
percentage point
Basic earnings per share (RMB/share) 0.0582 0.0708 -17.80
Diluted earnings per share (RMB/share) 0.0582 0.0708 -17.80
Excluding non-recurring profit/loss items and amounts
Unit: RMB'000 Currency: RMB
Item Amount for the period Notes
Government's grants accounted for in the profit 24,777
and loss account for the reporting period (except for
the grants that are closely related to the
Company's ordinary course of business; and that
are continuously enjoyed in compliance with the
State's policies and regulations in an amount or
quantity specified by certain standards)
Profit/loss gained from loans entrusted to external 17,741
entities
Other non-operating income and expenses 16,738
excluding the above-mentioned items
Other profit/loss items conforming with the 452
definition of non-recurring profit or loss
Effects of minority shareholders' interest (after tax) -8,665
Impact of income tax -13,443
Total 37,600
2.2 Total number of shareholders and table of the top ten shareholders and shareholding of the top ten holders of
circulating shares (or holders of shares free from selling restrictions) as at the end of the reporting period
Unit: share
Total number of shareholders 213,482
Shareholding of the top ten shareholders
Number of Number of
shares held at shares held Shares subject to pledge of
the end of the Shareholding subject to moratorium
Name of shareholder reporting percentage selling Nature of
(Full name) period (%) restrictions Status Number shareholder
China Datang 4,138,977,414 31.10 Unknown 49,000,000 State-owned
Corporation ("CDC") legal person
HKSCC Nominees Limited 3,293,798,919 24.75 None Foreign legal
person
Tianjin Jinneng 1,296,012,600 9.74 None State-owned
Investment Company legal person
Hebei Construction &
Investment Group 1,281,872,927 9.63 None State-owned
Co., Ltd. legal person
Beijing Energy
Investment (Group) 1,260,988,672 9.47 None State-owned
Company Limited legal person
China Dongfang
Electric Group Co., 237,660,000 1.79 None State-owned
Ltd. legal person
Shanghai Tonghui
Industrial Co., Ltd. 166,000,000 1.25 Unknown 166,000,000 Others
Zhongrong Hui
Investment Guarantee 160,000,000 1.20 None Others
Co., Ltd.
Aerospace Science &
Technology Finance 131,141,766 0.99 None State-owned
Co., Ltd. legal person
Harbin Electric Co. Ltd. 117,000,000 0.88 None State-owned
legal person
Shareholding of the top ten holders of shares free from selling restrictions
Name of shareholder Number of circulating shares held Type and quantity of shares
not subject to selling restrictions Type Quantity
CDC 4,138,977,414 RMB-denominated 4,138,977,414
ordinary shares
HKSCC Nominees Limited 3,293,798,919 Overseas-listed 3,293,798,919
foreign shares
Tianjin Jinneng Investment 1,296,012,600 RMB-denominated 1,296,012,600
Company ordinary shares
Hebei Construction & Investment 1,281,872,927 RMB-denominated 1,281,872,927
Group Co., Ltd. ordinary shares
Beijing Energy Investment (Group) 1,260,988,672 RMB-denominated 1,260,988,672
Company Limited ordinary shares
China Dongfang Electric Group 237,660,000 RMB-denominated 237,660,000
Co., Ltd. ordinary shares
Shanghai Tonghui Industrial Co., Ltd. 166,000,000 RMB-denominated 166,000,000
ordinary shares
Zhongrong Hui Investment 160,000,000 RMB-denominated 160,000,000
Guarantee Co., Ltd. ordinary shares
Aerospace Science & Technology 131,141,766 RMB-denominated 131,141,766
Finance Co., Ltd. ordinary shares
Harbin Electric Co. Ltd. 117,000,000 RMB-denominated 117,000,000
ordinary shares
Notes on the connected relationship China Datang Overseas (Hong Kong) Co., Limited., CDC's wholly-owned
or acting in concert among the subsidiary, held 480,680,000 H shares of the Company as at the end of the
above shareholders reporting period, which were included in the shareholding of the Company held
by HKSCC Nominees Limited, representing approximately 3.61% of the Company's
total share capital. Hence CDC and its subsidiary held a total of 4,619,657,414
issued shares of the Company, representing approximately 34.71% of the
Company's total issued shares.
2.3 Total number of holders of preference shares and table of the top ten holders of preference shares and
shareholding of the top ten holders of preference shares (not subject to trading moratorium) as at the end of
the reporting period
( ) Applicable (X) Not applicable
3 SIGNIFICANT MATTERS
3.1 The details of and the reasons for the material changes in the major financial statement items and financial
indicators of the Company
(X) Applicable ( ) Not applicable
Balance sheet items
(1) Cash balance of the Company and its subsidiaries as at the end of the reporting period increased by
approximately 66.13% over the beginning of the reporting period. This was mainly because of the
collection of accounts receivables by the Company and its subsidiaries;
(2) Prepayments of the Company and its subsidiaries as at the end of the reporting period increased by
approximately 92.43% over the beginning of the reporting period. This was mainly because of the
increase in prepayments for aluminum oxide by a subsidiary;
(3) Dividends receivable of the Company and its subsidiaries as at the end of the reporting period
decreased by approximately 45.03% over the beginning of the reporting period. This was mainly because
of the receipt of profits from associates (joint ventures) by the Company;
(4) Non-current liabilities due within one year of the Company and its subsidiaries as at the end of the
reporting period decreased by approximately 88.32% over the beginning of the reporting period. This
was mainly because of the recovery of entrusted loans due within one year by the Company;
(5) Advances from customers received by the Company and its subsidiaries as at the end of the reporting
period increased by approximately 51.59% over the beginning of the reporting period. This was mainly
because of the receipt of consideration of the transferred denitration assets by a subsidiary;
(6) Dividends payable of the Company and its subsidiaries as at the end of the reporting period decreased
by approximately 73.10% over the beginning of the reporting period. This was mainly because of the
payment of dividends to minority shareholders by the subsidiaries;
(7) Undistributed profits of the Company and its subsidiaries as at the end of the reporting period
increased by approximately 33.39% over the beginning of the reporting period. This was mainly because
of the profit for the period of the Company and its subsidiaries.
Profit and Loss account and statement of cash flow items
(1) Investment income of the Company and its subsidiaries for the reporting period increased by
approximately 448.25% over the corresponding period of the previous year. This was mainly because of
the increase in profits from associates (joint ventures) during the reporting period as compared to
the corresponding period of the previous year;
(2) Non-operating income of the Company and its subsidiaries as at the end of the reporting period
increased by approximately 233.04% over the corresponding period of the previous year. This was mainly
because of the increase in amortization of deferred income during the reporting period as compared to
the corresponding period of the previous year;
(3) Other comprehensive income of the Company and its subsidiaries for the reporting period increased by
approximately 118.08% over the corresponding period of the previous year. This was mainly because of
the increase in fair value of the available-for-sale financial assets of the subsidiaries;
(4) Net cash flows generated from investing activities of the Company and its subsidiaries for the
reporting period increased by approximately 43.59% over the corresponding period of the previous year.
This was mainly because of the decrease in capital expenditure for the reporting period as compared to
the corresponding period of the previous year;
(5) Net cash flows generated from financing activities of the Company and its subsidiaries for the
reporting period increased by approximately 78.64% over the corresponding period of the previous year.
This was mainly because of the year-on-year decrease in the repayment of debts during the reporting
period.
3.2 The analysis and explanation of progress and impact of major events and solutions
( ) Applicable (X) Not applicable
3.3 The performance of the undertakings made by the Company and shareholders with equity interests higher than 5%
( ) Applicable (X) Not applicable
Are they
The party Date and Is there timely and
Background of Type of making the Contents of duration of performance strictly
undertakings undertakings undertakings undertakings undertakings duration? performed?
Undertakings in Resolve Note 1 on 2006, valid for a
relation to business CDC contents of long term Yes Yes
initial public competition undertakings
offering
Undertakings in Resolve Note 2 on 2010, valid for a
relation to business CDC contents of long term Yes Yes
refinancing competition undertakings
Notes on contents of undertakings:
1. CDC made an undertaking at the initial public offering of A shares by the Company in 2006: CDC would follow
the principle of not constituting direct or indirect business competition with the Company during its
development, disposal or acquisition of power projects or power assets; in the course of development or
disposal of its existing power projects or power assets within its business and operation scope, CDC agreed
that the Company would have a preferential right to develop or acquire relevant projects or assets in the
intended areas of development; CDC warranted that it would not take any action which constitutes a direct or
indirect competition with the Company in respect of power projects intended to be developed and acquired by
the Company in the future; in respect of any substantive business competition between CDC and the Company, CDC
agreed to enter into agreement with the Company to resolve possible issues on the business competition
constituted via all appropriate means, including entrusted operation or acquisition of such power projects or
assets by the Company.
2. The Company received an "Undertaking on Relevant Matters regarding Further Avoidance of Business Competition
with Datang International Power Generation Co., Ltd. by CDC" from CDC, its controlling shareholder, in October
2010. For further avoidance of business competition with the Company, CDC undertakes that: (1) CDC confirms
that Datang Power shall be the ultimate platform for integrating the coal-fired power businesses of CDC; (2)
in respect of the non-listed coal-fired power assets of CDC, CDC undertakes that it will inject those assets
into Datang Power in 5 to 8 years when the profitability of such assets has improved and the relevant
conditions are met; (3) in respect of the coal-fired power business assets of CDC located in Hebei Province,
CDC undertakes that it will inject those assets into Datang Power in approximately 5 years when the
profitability of such assets has improved and the relevant conditions are met; (4) CDC will continue to
perform each of its undertakings that has been previously given to support the development of its subordinated
listed companies.
The Company received a "Description of the Specification of Undertakings made by CDC to Datang International
Power Generation Co., Ltd." from CDC in June 2014, the specification for the relevant undertakings were as
follows:
(1) Terms of the undertakings: (i) in respect of the coal-fired power business assets of CDC located in
Hebei Province, CDC undertakes that it will inject those assets into the Company no later than October
2015 when the profitability of such assets has improved and the relevant conditions are met; (ii) in
respect of the non-listed coal-fired power assets of CDC (except for the coal-fired power business
assets located in Hebei Province), CDC undertakes that it will inject those assets into the Company no
later than October 2018 when the profitability of such assets has improved and the relevant conditions
are met.
(2) Conditions for injection: The coal-fired power assets to be injected by the CDC shall satisfy the
following conditions at the same time: (i) there exists no trend of adverse changes such as decline of
expected profitability of the company in respect of the assets to be injected; (ii) after the
injection of the assets, it shall be beneficial for the enhancement of assets quality of the listed
company, strengthening of the sustainable profitability of the Company and improvement of the
Company's financial condition, among which, the earnings per share or return of net assets of the
listed company shall be on a rising trend; (iii) the assets to be injected shall comply with the
requirement of the national laws, regulations, department rules and provisions of regulatory
authorities, including clear titles and all the approval procedures being completed.
3.4 The warning and explanation in the forecast of the possible aggregate net profits from the beginning of the
year to the end of the next reporting period becoming a loss or significant changes over the corresponding
period of the previous year
( ) Applicable (X) Not applicable
By Order of the Board
Zhou Gang
Secretary to the Board
Beijing, the PRC, 27 April 2015
As at the date of this announcement, the directors of the Company are:
Chen Jinhang, Hu Shengmu, Wu Jing, Liang Yongpan, Zhou Gang,
Cao Xin, Cai Shuwen, Liu Haixia, Guan Tiangang, Yang Wenchun,
Dong Heyi*, Ye Yansheng*, Zhao Jie*, Jiang Guohua*, Feng Genfu*
* Independent non-executive directors
4 APPENDIX
4.1 Financial Statement
Consolidated Balance Sheet
31 March 2015
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Item Closing Balance Opening balance
Current assets:
Cash balance 8,785,829 5,288,498
Settlement provisions
Loans to banks and other financial institutions
Financial assets at fair value through profit or loss
Derivative financial assets
Notes receivables 530,153 504,789
Accounts receivables 7,768,045 9,500,035
Prepayments 1,041,550 541,256
Premium receivables
Reinsurance receivables
Reinsurance contract reserves receivable
Interest receivable
Dividend receivable 244,125 444,125
Other receivables 2,604,961 2,617,731
Financial assets purchased with agreement to resale
Inventories 3,717,435 3,744,420
Assets classified as held for sale
Non-current assets due within one year 45,072 385,984
Other current assets 611,535 831,715
Total current assets 25,348,705 23,858,553
Non-current assets:
Loans and advances to customers
Available-for-sale financial assets 5,029,286 5,013,944
Held-to-maturity investments
Long-term receivables 224,126 224,126
Long-term equity investments 13,045,301 12,831,367
Investment properties 585,057 590,580
Fixed assets 162,869,095 165,013,373
Construction-in-progress 80,909,388 78,895,510
Construction materials 5,432,710 5,763,362
Disposal of fixed assets
Productive biological assets
Oil and gas assets
Intangible assets 6,622,251 6,655,593
Development expenses 11 31
Goodwill 899,886 899,886
Long-term deferred expenses 842,682 861,265
Deferred income tax assets 1,293,267 1,355,564
Other non-current assets 457,279 468,213
Total non-current assets 278,210,339 278,572,814
Total assets 303,559,044 302,431,367
Item Closing Balance Opening balance
Current liabilities:
Short-term borrowings 12,207,448 13,753,134
Borrowings from the central bank
Receipts of deposits and deposits from other banks
Loans from other banks
Financial liabilities at fair value through profit or loss
Derivative financial liabilities
Notes payable 2,108,971 2,309,388
Accounts payable 20,315,109 22,302,079
Receipts in advance 476,005 314,012
Funds from selling out and repurchasing financial assets
Fee and commission payable
Salaries payable 141,006 166,798
Taxes payable -2,771,518 -3,010,557
Interests payable 1,295,962 1,049,234
Dividends payable 27,058 100,595
Other payables 2,330,049 2,485,985
Reinsurance accounts payables
Reserves for insurance contracts
Customer deposits for trading in securities
Amounts due to issuer for securities underwriting
Liabilities classified as held for sale
Non-current liabilities due within one year 19,721,153 21,290,822
Other current liabilities 12,900,943 11,000,000
Total current liabilities 68,752,186 71,761,490
Non-current liabilities:
Long-term borrowings 139,782,805 137,691,639
Debentures payables 15,397,986 15,394,158
Including: Preference shares
Perpetual liabilities
Long-term payables 11,870,757 11,379,836
Long-term salaries payable
Specific payables 550 550
Accrued liabilities 42,191 42,191
Deferred income 3,028,940 2,436,534
Deferred income tax liabilities 611,240 617,218
Other non-current liabilities
Total non-current liabilities 170,734,469 167,562,126
Total liabilities 239,486,655 239,323,616
Item Closing Balance Opening balance
Shareholders' equity:
Share capital 13,310,038 13,310,038
Other equity instruments
Including: Preference shares
Perpetual liabilities
Capital surplus 10,770,031 10,770,031
Less: Inventory shares
Other comprehensive income 120,356 102,891
Specific reserve 340,876 329,738
Surplus reserve 16,968,603 16,968,603
General risk reserve
Undistributed profits 3,097,434 2,322,148
Total shareholders' equity interest attributable to the parent company 44,607,338 43,803,449
Minority interests 19,465,051 19,304,302
Total shareholders' equity 64,072,389 63,107,751
Total liabilities and shareholders' equity 303,559,044 302,431,367
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Balance Sheet of the Parent Company
31 March 2015
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Item Closing Balance Opening balance
Current assets:
Cash balance 3,198,141 2,179,471
Financial assets at fair value through profit or loss
Derivative financial assets
Notes receivables 30,569 43,589
Accounts receivables 957,671 1,454,162
Prepayments 8,319 5,177
Interest receivable
Dividend receivable 416,044 932,820
Other receivables 678,393 670,090
Inventories 181,405 268,306
Assets classified as held for sale
Non-current assets due within one year 5,070,000 4,335,706
Other current assets 7,362,281 5,521,505
Total current assets 17,902,823 15,410,826
Non-current assets:
Available-for-sale financial assets 3,922,427 3,922,427
Held-to-maturity investments
Long-term receivables
Long-term equity investments 48,316,234 48,033,102
Investment properties 223,068 225,125
Fixed assets 10,626,754 10,847,220
Construction-in-progress 4,516,477 4,321,513
Construction materials 234,767 238,187
Disposal of fixed assets
Productive biological assets
Oil and gas assets
Intangible assets 751,210 756,085
Goodwill
Long-term deferred expenses 33,561 33,561
Deferred income tax assets
Other non-current assets 146,344 146,344
Total non-current assets 9,833,973 11,019,718
Total assets 78,604,815 79,543,282
Current liabilities:
Short-term borrowings 500,000
Financial liabilities at fair value through profit or loss
Derivative financial liabilities
Notes payable
Accounts payable 1,549,724 1,793,168
Receipts in advance 1,473 547
Salaries payable 29,781 25,458
Taxes payable 325,095 287,164
Interests payable 967,732 715,420
Dividends payable
Other payables 567,224 520,389
Liabilities classified as held for sale
Non-current liabilities due within one year 5,206,264 5,177,369
Other current liabilities 12,000,000 11,000,000
Total current liabilities 20,647,293 20,019,515
Item Closing Balance Opening balance
Non-current liabilities:
Long-term borrowings 14,812,600 14,912,600
Debentures payables 15,397,986 15,394,158
Including: Preference shares
Perpetual liabilities
Long-term payables 21,000 21,000
Long-term salaries payable
Specific payables
Accrued liabilities
Deferred income 840,438 483,835
Deferred income tax liabilities
Other non-current liabilities
Total non-current liabilities 31,072,024 30,811,593
Total liabilities 51,719,317 50,831,108
Shareholders' equity:
Share capital 13,310,038 13,310,038
Other equity instruments
Including: Preference shares
Perpetual liabilities
Capital surplus 9,937,191 9,937,191
Less: Inventory shares
Other comprehensive income 17,507 17,507
Specific reserve 288,428 283,854
Surplus reserve 17,006,037 17,006,037
Undistributed profits 4,229,120 3,568,373
Total shareholders' equity 44,788,321 44,123,000
Total liabilities and shareholders' equity 96,507,638 94,954,108
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Consolidated Income Statement
January 2015 to March 2015
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
1. Operating revenue 15,340,879 17,512,025
Including: Operating revenue 15,340,879 17,512,025
Interest income
Premiums earned
Fees and commission income
2. Operating costs 14,196,876 15,607,762
Including: Operating costs 11,380,070 12,642,255
Interest expenses
Fees and commission expense
Surrender payment
Net expenditure for compensation payment
Net provisions for insurance contracts
Expenditure for insurance policy dividend
Reinsurance cost
Business tax and surcharges 173,493 161,581
Selling expenses 47,490 63,382
General and administrative expenses 467,951 650,895
Financial expenses 2,127,872 2,089,649
Loss on impairment of assets
Add: Gains arising from changes in fair value
(losses stated with "-")
Investment income (losses stated with "-") 226,078 41,236
Including: Investment income from 209,347 23,573
associates and joint
ventures
Gains from foreign exchange (losses are
stated by "-")
3. Operating profit (losses stated with "-") 1,370,081 1,945,499
Add: Non-operating income 208,517 62,611
Including: Gains from the disposal of
non-current assets
Less: Non-operating expenses
Including: Loss from the disposal of
non-current assets
4. Total profit (total loss stated with "-") 1,578,598 2,008,110
Less: Income tax 658,375 644,853
5. Net profit (net loss stated with "-") 920,223 1,363,257
Net profit attributable to owners of the parent company 775,286 942,524
Minority shareholders 144,937 420,733
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
6. Other comprehensive income after tax (net) 17,465 -96,604
Other comprehensive income after tax attributable
to owners of the parent company (net) 17,465 -96,604
(1) Other comprehensive income that cannot be
reclassified to profit and loss in subsequent
periods
1. Changes in net liabilities or net assets
arising from the re-measurement of
defined benefit plans
2. Share of other comprehensive income of
investee that cannot be reclassified to
profit and loss under equity method
(2) Other comprehensive income that will be 17,465 -96,604
reclassified to profit and loss in
subsequent periods
1. Share of other comprehensive income of
investee that will be reclassified to
profit and loss under equity method in
subsequent periods
2. Gains and losses from changes in fair 17,483 -98,908
value of available-for-sale financial
assets
3. Gains and losses from held-to-maturity
investment reclassified as available-
for-sale financial assets
4. Effective portion of hedging gains and
losses from cash flows
5. Exchange differences from retranslation -18 2,304
of financial statements
6. Others
Other comprehensive income after tax attributable
to minority shareholders (net)
7. Total comprehensive income 937,688 1,266,653
Total comprehensive income attributable to 792,751 845,921
owners of the parent company
Total comprehensive income attributable to 144,937 420,732
minority shareholders
8. Earnings per share:
(1) Basic earnings per share (RMB/share) 0.0582 0.0708
(2) Diluted earnings per share (RMB/share) 0.0582 0.0708
For the merger of enterprise under common control during the period, the net profit recorded by the merged party
before the merger is RMB0, and the net profit recorded by the merged party in the corresponding period of the
previous year is RMB0.
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Income Statement of the Parent Company
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
1. Operating revenue 2,253,731 2,277,370
Less: Operating costs 1,878,256 1,649,800
Business tax and surcharges 32,067 13,319
Selling expenses
General and administrative 95,924 92,863
expenses
Financial expenses 551,022 435,788
Loss on impairment of assets
Add: Gains arising from changes in fair value
(losses stated with "-")
Investment income (losses stated with "-") 872,919 264,602
Including: Investment income from 228,329 41,424
associates and joint
ventures
2. Operating profit (losses stated with "-") 569,381 350,202
Add: Non-operating income 146,956 9,689
Including: Gains from the disposal of
non-current assets
Less: Non-operating expenses
Including: Loss from the disposal of
non-current assets
3. Total profit (total loss stated with "-") 716,337 359,891
Less: Income tax 55,590 77,989
4. Net profit (net loss stated with "-") 660,747 281,902
5. Other comprehensive income after tax (net)
(1) Other comprehensive income that cannot be
reclassified to profit and loss in
subsequent periods
1. Changes in net liabilities or net assets
arising from the re-measurement of
defined benefit plans
2. Share of other comprehensive income of
investee that cannot be reclassified to
profit and loss under equity method
(2) Other comprehensive income that will be
reclassified to profit and loss in
subsequent periods
1. Share of other comprehensive income of
investee that will be reclassified to
profit and loss under equity method in
subsequent periods
2. Gains and losses from changes in fair value
of available-for-sale financial assets
3. Gains and losses from held-to-maturity
investment reclassified as available-
for-sale financial assets
4. Effective portion of hedging gains and losses
from cash flows
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
5. Exchange differences from retranslation of
financial statements
6. Others
6. Total comprehensive income 660,747 281,902
7. Earnings per share:
(1) Basic earnings per share (RMB/share)
(2) Diluted earnings per share (RMB/share)
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Consolidated Cash Flow Statement
January 2015 to March 2015
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
1. Cash flows generated from operating activities:
Cash received from sales of goods and services 19,502,854 20,503,164
rendered
Net increase in customer and interbank deposits
Net increase in borrowing from the central bank
Net cash increase in intra-bank borrowing from
other financial institutions
Cash received from premiums under original
insurance contract
Net cash received from reinsurance business
Net increase in deposits of policy holders and
investment
Net increase in disposal of financial assets at
fair value through profit or loss
Cash received from interest, fees and commissions
Net increase in borrowings
Net increase in cash received from repurchase business
Refund of taxes and levies 23,539 6,957
Other cash received relating to operating activities 712,660 359,683
Sub-total of cash inflows generating from 20,239,053 20,869,804
operating activities
Cash paid for goods and services received 9,420,129 10,213,407
Net increase in customer loans and advance
Net increase in deposits in the central bank
and interbank deposits
Cash paid for compensation payments under original
insurance contract
Cash paid for interest, fees and commissions
Cash paid for insurance policy dividend
Cash paid to and on behalf of employees 1,021,076 792,845
Payments of all types of taxes 2,159,482 1,650,362
Other cash paid relating to operating activities 424,130 714,802
Sub-total of cash outflows from operating activities 13,024,817 13,371,416
Net cash flows generated from operating activities 7,214,236 7,498,388
2. Cash flows generated from investing activities:
Cash received on disposals of investments 545,500 100,000
Cash received on investment income 289,914 77,673
Net cash received from disposals of fixed assets, 157,840 624
intangible assets and other long-term assets
Net cash received from disposals of subsidiaries 377
and other operating units
Other cash received relating to investing activities 33,717 181,522
Sub-total of cash inflows from investing activities 1,027,348 359,819
Cash paid to acquire fixed assets, intangible assets 3,561,620 5,043,771
and other long-term assets
Cash paid to acquire investments 59,420 134,000
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
Net increase in secured loans
Net cash paid for acquisition of subsidiaries
and other operating entities
Other cash paid relating to investing activities 155,721 55,911
Sub-total of cash outflows generated from 3,776,761 5,233,682
investing activities
Net cash flows generated from investing activities -2,749,413 -4,873,863
3. Cash flows generated from financing activities:
Cash received from investments 26,400
Including: Cash received from minority shareholders'
equity investment in subsidiaries 26,400
Cash received from borrowings 12,808,424 13,895,201
Cash received from issuing bonds
Other cash received relating to financing activities 1,647,135 4,750
Sub-total of cash inflows generated from 14,481,959 13,899,951
financing activities
Cash paid on repayments of borrowings 11,591,587 15,291,033
Cash paid for dividends, profit appropriation or 2,712,483 2,818,347
interest expenses
Including: Cash paid for dividends and profit
appropriation by the subsidiaries for
the minority shareholders
Other cash paid relating to financing activities 1,141,073 299,075
Sub-total of cash outflows generated from 15,445,143 18,408,455
financing activities
Net cash flows generated from -963,184 -4,508,504
financing activities
4. Effect of foreign exchange rate changes on cash -4,308 -8,601
and cash equivalents
5. Net increase in cash and cash equivalents 3,497,331 -1,892,580
Add: Cash and cash equivalents at the 5,288,498 7,880,844
beginning of the reporting period
6. Cash and cash equivalents at the end of the reporting 8,785,829 5,988,264
period
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Cash Flow Statement of the Parent Company
January 2015 to March 2015
Prepared by: Datang International Power Generation Co., Ltd.
Unit: RMB'000 Currency: RMB Audit Type: unaudited
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
1. Cash flows generated from operating activities:
Cash received from sales of goods and services 3,123,416 2,647,148
rendered
Refund of taxes and levies
Other cash received relating to operating activities 603,987
Sub-total of cash inflows generating from 3,727,403 2,647,148
operating activities
Cash paid for goods and services received 1,584,358 951,074
Cash paid to and on behalf of employees 284,440 271,504
Payments of all types of taxes 215,967 111,061
Other cash paid relating to operating activities 80,936 248,502
Sub-total of cash outflows from operating activities 2,165,701 1,582,141
Net cash flows generated from operating activities 1,561,702 1,065,007
2. Cash flows generated from investing activities:
Cash received on disposals of investments 698,500 899,943
Cash received on investment income 1,157,540 268,262
Net cash received from disposals of fixed assets,
intangible assets and other long-term assets
Net cash received from disposals of subsidiaries and
other operating units
Other cash received relating to investing activities 300
Sub-total of cash inflows from investing activities 1,856,040 1,168,505
Cash paid to acquire fixed assets, intangible assets 200,411 196,711
and other long-term assets
Cash paid to acquire investments 2,134,230 1,685,530
Net cash paid for acquisition of subsidiaries and
other operating entities
Other cash paid relating to investing activities 139,638 26,109
Sub-total of cash outflows generated from investing 2,474,279 1,908,350
activities
Net cash flows generated from investing activities -618,239 -739,845
3. Cash flows generated from financing activities:
Cash received from investments
Cash received from borrowings 3,000,000 3,180,000
Other cash received relating to financing
activities
Sub-total of cash inflows generated from financing 3,000,000 3,180,000
activities
Cash paid on repayments of borrowings 2,575,000 6,250,000
Cash paid for dividends, profit appropriation or 349,793 546,135
interest expenses
Other cash paid relating to financing activities
Sub-total of cash outflows generated from 2,924,793 6,796,135
financing activities
Net cash flows generated from 75,207 -3,616,135
financing activities
Amount for the
Amount for the reporting corresponding period of the
Item period previous year
4. Effect of foreign exchange rate changes on -991
cash and cash equivalents
5. Net increase in cash and cash equivalents 1,018,670 -3,291,964
Add: Cash and cash equivalents at the 2,179,471 4,857,668
beginning of the reporting period
6. Cash and cash equivalents at the end of the 3,198,141 1,565,704
reporting period
The legal representative of the Company: Chen Jinhang
Person-in-charge of accounting matters: Liu Quancheng
Person-in-charge of the accounting institution: Sun Yanwen
Friday, 2nd August 2024
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