Consolidated Statement of Financial Position

ASSETS Note V 31 December2016 31 December2015 31 December 2014 31 December 2013

CURRENT ASSETS

Cash and bank balances 1 5, 312, 101, 041 5,142,711,482 4,654,551,519 5,106,718,069
Financial assets
at fair value through profit or loss 2 555,322,261 1,005,271,054 1,073,490 509,330
Bills receivable 3 3,608,459,121 4,689,129,290 8,483,607,113 8,629,108,926
Trade receivables 4 859,929,107 796,986,661 856,559,860 800,946,475
Interest receivable 4,044,939 1,600,176 – 44,787,460
Prepayments 5 925,051,274 634,407,421 1,898,994 3,540,453
Other receivables 6 127,614,834 190,348,070 648,963,073 1,022,394,879
Inventories 7 10,548,061,832 6,018,495,505 255,577,937 1,948,145,123
Financial assets purchased un
der agreements to resell 8 230,047,000 – 8,684,293,285 10,049,721,134
Loans and advances to customers 9 1,555,212,556 732,913,869 633,203,277 486,511,748
Other current assets 10 692,471,233 948,518,258 665,474,438 504,406,279

Total Current Assets 24,418,315,198 20,160,381,786 24,885,202,986 28,596,789,876

NON-CURRENT ASSETS

Available-for-sale financial investments 11 577,947,698 128,934,410 126,772,160 126,772,160

Long term equity investments 12 1,239,776,313 1,029,853,507 1,089,585,013 950,065,445
Investment properties 13 58,833,998 62,356,583 62,904,210 64,412,476
Property, plant and equipment 14 35,522,601,715 34,605,411,096 37,041,356,860 30,668,420,630
Construction Material - - - 29,788,206
Construction in progress 15 2,258,191,398 4,245,762,868 2,831,050,182 8,729,815,208
Intangible assets 16 1,821,768,927 1,891,358,160 1,826,460,576 1,900,179,245
Deferred tax assets 17 348,095,783 330,407,545 647,842,823 755,374,754

Total non-current assets 41,827,215,832 42,294,084,169 43,625,971,824 43,224,828,124

TOTAL ASSETS 66,245,531,030 62,454,465,955 68,511,174,810 71,821,618,000

LIABILITIES AND SHAREHOLDERS’ EQUITY

CURRENT LIABILITIES
Deposits and balances from banks and
other financial institutions 19 3,708,225,021 1,901,390,488
Repurchase agreements 20 596,565,698 –
Short term loans 21 6,942,952,420 6,791,359,472
Bills payable 22 3,584,228,362 5,343,906,398
Accounts payable 23 6,668,807,923 6,144,664,281
Advances from customers 24 3,682,322,418 2,602,554,258
Payroll and employee benefits payable 25 550,444,683 274,614,723
Taxes payable 26 274,232,114 149,898,321
Interest payable 27 107,691,398 150,829,308
Dividends payable 28 8,713,584 6,525,534
Other payables 29 1,912,575,078 1,258,463,513
Non-current liabilities due within one year 30 3,211,056,320 5,084,859,415
Accrued liabilities 31 29,580,435 22,232,713
Other current liabilities 32 2,273,058,356 –

Total current liabilities 550,453,810 29,731,298,424

 Note V 31 December2016 31 December2015
NON-CURRENT LIABILITIES
Long term loans 33 5,163,168,960 6,655,171,584
Bonds payable 34 3,987,666,667 3,979,666,667
Deferred income 35 1,269,496,538 1,285,164,299
Long-term employee benefits payable 25 159,173,203 28,857,389
Deferred tax liabilities 17 35,065,411 32,704,732

Total non-current liabilities 10 614,570,779 11,981,564,671

Total liabilities 44 165,024,589 41,712,863,095

SHAREHOLDERS’ EQUITY
Share capital 36 7, 700,681,186 7,700,681,186
Capital reserve 37 8,348,726,741 8,329,067,663
Other comprehensive income 38 (119,263,454) (165,450,551)
Special reserve 39 27,969,571 14,374,213
Surplus reserve 40 3,843,231,617 3,843,231,617
General reserve 15 3,394,916 102,539,024
Accumulated losses 41 (190,568,622) (1,368,605,137)

Equity attributable to owners of

the parent company 19,764,171,955 18,455,838,015

Non-controlling interests 2316,334,486 2,285,764,845

Total shareholders’ equity 22,080,506,44 1 20,741,602,860

TOTAL LIABILITIES AND

SHAREHOLDERS’ EQUITY 66,245,531,030 62,454,465,955

Consolidated Statement of Profit or Loss
For the year ended 31 December 2016

Note V 2015 2016

Revenue 42 48,275,100,310 45,108,926,739

Less: Cost of sales 42, 51 42,557,487,675 45,488,440,552
Taxes and surcharges 43 432,096,408 201,228,046
Selling expenses 44, 51 694,782,730 635,859,844
General and administrative expenses 45, 51 1,780,281,484 1,538,609,887
Financial expenses 46 793,650,976 813,036,439
Impairment losses 47 1,064,257,636 1,619,389,979
Add: Gain on changes in fair value 4,051,190 819,265
Investment income 48 291,396,463 93,725,198
including: share of profits of associates
and joint ventures 232,820,475 75,538,213

Operating profit/(loss) 1,247,991,054 (5,093,093,545)

Add: Non-operating income 49 205,202,902 384,059,748

including: profit from disposal of non-current assets 7,187,676 35,444,537
Less: Non-operating expenses 50 84,618,416 17,538,205

including: loss from disposal of non-current assets 58,376,872 2,478,667

Profit/(loss) before tax 1,368,575,540 (4,726,572,002)

Less: Income tax expense 52 111,880,234 377,912,379

Net profit/(loss) 1,256,695,306 (5,104,484,381)

Net profit/(loss) attributable to

owners of the parent company 1,228,892,407 (4,804,299,674)

Net profit/(loss) attributable to non-controlling interests 27,802,899 (300,184,707)