普华永道－中国石油财务信息系统设置

PetroChinaRequirementsanddesignofFMISmodificationsFMISenhancementprojectDecember1999Contents1.Businessrequirements32.Gapanalysis103.Overallapproachanddesignprinciples134.Businessprocessoverview155.Overviewofsystemchanges186.Newdatafilesandassociatedprocesses247.Systemprocessesforconsolidationandreporting29AppendixA-Reportformats322SystemDesignforFMISModificationSystemDesignforFMISModification3BusinessrequirementsChapter1SystemDesignforFMISModification4TobeabletodoanIPO,PetroChinaneedtobeabletoproducecertainkeyfinancialreportsToproducethesereports,somechangestoFMISneedstobeimplemented.BusinessrequirementoverviewTheFMISsystemneedtobeabletoproducethefollowingreports:AnnualconsolidationreportsasrequiredbyChinaFinanceMinistrybasedonthePRCGAAPforjoint-stockcompany.QuarterlyconsolidationofreportsoftheoverallListCobasedontheIASisrequiredforpubliclylistedcompanies.DisclosureitemsarealsorequiredbyIASandPRCGAAPforjoint-stockcompany.Someotherinformationisrequiredtosupportannualauditing.Alltheabovereports(excepttheauditinformation)willneedtobeproducedalongthenewPetroChinaorganizationstructureasdescribedinthefollowingpage.Theabovereportingrequirementsaredetailedinthenextpages.SystemDesignforFMISModification5PetroChinaLevel1PetroChinaLevel2SpecializedCo/BusinessGroupLevel3SegmentLevel4TypeE&P.........Level5BusinessUnits......Gas&PipelineDownstreamOil&GasE&PNaturalgas(inc.gaspipeline)Refining&MarketingPetrochemicals&marketingOthersRefiningPetroChinareportingstructureMarketingR&DChinaoilHQBeijingE&PHuaBeiG&PHuaBeiRefineryHuaBeiNorthChinaPetr.TradeChinaO&GresearchinstituteLevel6OperationsUnitsLevel7SuboperationsUnitsOilfield#1Oilfield#2Oilfield#3District1District2District3SystemDesignforFMISModification6PRCGAAPconsolidationreportrequiresthefollowingdata:BusinessrequirementsforPRCconsolidationIndividualPRCGAAPreportsofallentityinvolvedinconsolidation.Balancesheet(PRCGAAP)IncomestatementCashflowstatementInternaltransactionsreportsInternaltransactionlistInternalproductsalesorpurchasereportInternalrenderingofservicereportorinternalservicepurchasereportInternallong-termequityinvestmentreport,capitalstructurereportInternalpayableorreceivablesRequiredinformationforinternaltransactionsCounterpart,transactiontype,period,beginningbalance,creditamount,debitamount,endingbalanceSystemDesignforFMISModification7TherearetwotypesofchangesthatneedtobemadetocomplywithIASBusinessrequirementsforIASconsolidationPRCconsolidatedfinancialstatementswithspecificdetailsIndividualPRCreportslistedearlierLedgerreportTransactionswithdifferentaccountingtreatmentinIASandPRCGAAPDevelopmentcosts-E&PsegmentspecificCostofsuccessfulwell(succeededintheperiod)Assetsanddepreciation(straightlinemethodvsUOP)andrelatedtaxcreditAssetsclass,accumulateddepreciationamountbasedonreevaluatedcarryingamountbystraightlinemethod;depreciationamountbasedonun-reevaluatedamountbyunitofproductionmethodorstraightlinemethod(dependonassetsclass)Deferredbusinessinitialcost(pre-operationexpenditures)Beginningbalance,endingbalanceMonthlyrevaluationofnon-currentmonetaryassets&liabilities(foreigncurrencyitem)Historicalvalue(calculatedbyexchangerateofoccurringdate),reevaluatedvalueoflong-termloan(foreigncurrency),long-termdeposit(foreigncurrency),otherlong-termmonetaryassetsorliabilities.SystemDesignforFMISModification8IASandPRCGAAPrequiresthefollowingitemsfordisclosurepurpose:BusinessrequirementsfordisclosurepurposesCurrencyLoansforoilfieldsdevelopment&refiningplantsconstructionWorkingcapitalloanAveragerateRMBUS$YEN……Agingreportofaccountsreceivable(PRCGAAP)Long-termequityinvestment(PRCGAAP)Investee,stocktype,sharenumberofstock,sharepercentage,amount,remarksLong-termbondinvestment(PRCGAAP)Bondtype,parvalue,rate,purchasedamount,duedate,interestofthisyear,accumulatedinterest,remarksOthernon-equitylong-terminvestment(PRCGAAP)Debtor,principal,rate,duedate,interestincomeofcurrentperiod,accumulatedinterest,remarksLong-termloan(PRCGAAP)Loaner,amount,duedate,rate,term(Ifforeignloan)Foreigncurrencyamount,RMBamountbyexchangerateofbalancesheetdateBondspayable(PRCGAAP)Bondname,parvalue,issueddate,issuedamount,duedate,interestexpenseofcurrentyear,accumulatedinterestRelatedpartytransactions(PRCGAAP&IAS)Alldatalistedininternaltransactionreports,onlydifferententitynameIncomeanalysisreport(IAS)Specialdeductionsrelatingtoexplorationandproductionactivities,Incomenotsubjecttotax;ExpensesnotdeductiblefortaxpurposesMovementofallowancefordoubtfulaccountsBalanceatbeginningofperiod,Provision,Deductions,BalanceatendofperiodMovementsinallowancefordiminutioninvalueofinventoriesBalanceatbeginningofperiod;Provision;Deductions;BalanceatendofperiodMovementreportofPPE&accumulateddepreciationCost:Beginningbalance,additions,disposals,endingbalance;Accumulateddepreciation:Beginningbalance,chargefortheyear,disposals,endingbalanceMovementofallowanceofinvestmentvaluediminutionBeginningbalance;Provision;Deductions;EndingbalanceLoansAnalysisReportDirector’sremunerationreportSalaries,allowa