2012 Annual Report

Financial Statement > Statement of Financial Position

31 December

2012

31 December

2011

1 January

2011

Note

RMB

RMB

RMB

ASSETS

Non-current assets

Property, plant and equipment, net

4

371,738

266,848

271,077

Construction in progress

5

32,080

18,174

14,243

Lease prepayments

25,742

26,262

27,072

Goodwill

6

29,877

29,877

29,877

Intangible assets

7

8,962

7,534

9,852

Investments in subsidiaries

8

6,078

6,178

5,272

Interests in associates

9

564

619

777

Investments

10

612

644

849

Deferred tax assets

11

2,716

2,945

4,923

Other assets

19

4,078

3,546

4,367

Total non-current assets

482,447

362,627

368,309

Current assets

Inventories

12

3,183

2,364

2,000

Income tax recoverable

1,494

2,375

1,878

Accounts receivable, net

13

17,789

17,114

15,923

Prepayments and other current assets

14

5,135

4,172

4,720

Time deposits with original maturity over three months

580

375

373

Cash and cash equivalents

15

20,862

19,905

19,939

Total current assets

49,043

46,305

44,833

Total assets

531,490

408,932

413,142

LIABILITIES AND EQUITY

Current liabilities

Short-term debt

16

6,476

9,187

20,675

Current portion of long-term debt

16

10,212

11,766

10,352

Accounts payable

17

64,043

40,523

37,620

Accrued expenses and other payables

18

102,657

57,363

51,225

Income tax payable

291

353

198

Current portion of deferred revenues

19

1,651

2,091

2,645

Total current liabilities

185,330

121,283

122,715

Net current liabilities

(136,287)

(74,978)

(77,882)

Total assets less current liabilities

346,160

287,649

290,427

Non-current liabilities

Long-term debt and payable

16

82,690

31,150

42,549

Finance lease obligations

3

Deferred revenues

19

1,791

2,712

3,558

Deferred tax liabilities

11

627

1,002

1,276

Total non-current liabilities

85,111

34,864

47,383

Total liabilities

270,441

156,147

170,098

Equity

Share capital

20

80,932

80,932

80,932

Reserves

21

180,117

171,853

162,112

Total equity

261,049

252,785

243,044

Total liabilities and equity

531,490

408,932

413,142

Approved and authorised for issue by the Board of Directors on 20 March 2013.

Wang Xiaochu

Yang Jie

Wu Andi

Chairman and Chief

Executive Officer

Executive Director,

President and Chief

Operating Officer

Executive Director,

Executive Vice President

and Chief Financial Officer

The notes on pages 118 to 174 form part of these financial statements.