Sinosteel Luoyang Institute of Refractories Research Co., Ltd.

43# Xiyuan Road, Jianxi District, Luoyang, Henan, 471039, China

2017 INCOME STATEMENT

Sinosteel Luoyang Institute of Refractories Research Co., Ltd Year 2017 unit:RMB(Yuan)
Item No. Remarks Current amount Last term amount
Ⅰ.Gross revenue 1 657017851.9 538775380.4
Including:operating income 2 Ⅷ.34 657017851.9 538775380.4
△Delta interest income 3
△Delta earned premium 4
△Delta fee and commission income 5
Ⅱ.Total operating costs 6 659105727 539837814.6
Including: operating costs 7 Ⅷ.34 523679173.7 425965402.7
△Delta interest expenditure 8
△Delta fee and commission expenditure 9
△Delta return gold 10
△Delta payout net 11
△ Delta extraction of the net amount of insurance contract
12
reserve
△Dividend payout 13
△Delta protection cost 14
Tax and additional 15 7762946.26 6404123.68
Selling expenses 16 Ⅷ.35 46422485.77 37368200.13
Management cost 17 Ⅷ.35 67612202.52 54997885.12
Including: research and development fee 18 18643634.15 13687018.66
Funds for Party construction work 19
Financial cost 20 Ⅷ.35 9380206.2 12631232.06
Including: interest expenditure 21 7774940.6 16129853.12
Interest income 22 181339.96 1728709.14
Net loss of remittance (net income expressed with "-") 23 1465207.28 -2089516.02
Assets impairment loss 24 Ⅷ.36 4248712.56 2470970.87
Other 25
Plus: fair value change income (loss expressed with "-"). 26
Investment returns (losses expressed with "-") 27
 Including: investment income for joint ventures and joint
28
ventures
△Delta exchange earnings (losses expressed with "-") 29
Other income 30 Ⅷ.37 6159089.52
Ⅲ.Operating profits (losses expressed with "-") 31 4071214.34 -1062434.17
Plus : outside revenue 32 Ⅷ.38 3056652.78 5123995.22
Including: the disposal of non current assets is profitable 33 288636.96 452483.5
Non monetary asset exchange gains 34 0
Government subsidies 35 1972071.36 4484956.81
Debt restructuring profit 36 16450
Less: out of business expenditure 37 Ⅷ.39 884143.33 1005248.91
Including: loss of the disposal of non current assets 38 100600.71 29653.78
Non monetary assets exchange loss 39 0
Debt restructuring loss 40 695988.42 175982.92
Ⅳ.Total profit (total loss expressed with "-"). 41 6243723.79 3056312.14
Less: income tax costs 42 Ⅷ.40 4793478.07 3580866.97
Ⅴ.Net profit (net loss expressed with "-") 43 1450245.72 -524554.83
Net profit attributable to the owner of a parent company 44 -6843968.47 -4300981.01
* Profit and loss of minority shareholders 45 8294214.19 3776426.18
Profit and loss from continuing operations 46 1450245.72 -524554.83
Profit and loss from Termination of operation 47
Ⅵ.Net amount of other comprehensive income after tax  48 0 0

1.Other comprehensive income that can't be reclassified into p 49 0 0
rofit   and loss
Including: ①.Remeasure the variation of net
50
indebtedness or net  asset of defined benefit plan
② .Share in other comprehensive income that can't be
reclassified into profit and loss in the invested enterprise under 51
equity method
2.other comprehensive income that will be reclassified into profit
52 0 0
and loss
Including ： ① .Share in other comprehensive income that will
be reclassified into profit and loss in the invested enterprise under 53
equity method
 ②.Charges in fair value through profit and loss of available-for-
54
sale finacial assets
③ .Held-to-maturity investment reclassified into available-for-
55
sale finacial assets
④. Effective part of cash-flow hedge profit and loss 56
⑤ .Balance arising from the translation of foreign currency
57
financial statements
Ⅶ.Total comprehensive income 58 1450245.72 -524554.83
Total comprehensive income attributed to parent company
59 -6843968.47 -4300981.01
owners
*Total comprehensive income attributed to minority
60 8294214.19 3776426.18
shareholders
Ⅷ.Earnings per share: 61
Basic earning per share 62
Diluted earnings per share 63