招商局B2001年年度报告(英文版)

CHINAMERCHANTSSHEKOUHOLDINGSCO.,LTD.2001ANNUALREPORTNo.:[CMSH]2002-006I.IMPORTANTNOTICEANDCONTENTSImportantNotice:TheBoardofDirectorsofChinaMerchantsShekouHoldingsCo.,Ltd.(hereinafterreferredtoasthe“Company”)individuallyandcollectivelyacceptresponsibilityforthecorrectness,accuracyandcompletenessofthecontentsofthisreportandconfirmthattherearenomaterialomissionsnorerrorswhichwouldrenderanystatementmisleading.ThisreporthasbeenpreparedinChineseversionandEnglishversionrespectively.Intheeventofdifferenceininterpretationbetweenthetwoversions,theChinesereportshallprevail.HujiangdeqinCertifiedPublicAccountantsandDeloitteToucheTohmatsuCertifiedPublicAccountantsauditedtheCompany’sFinancialReportfor2001andpresentedstandardAuditors’Reportwithoutreservedopinion.I.IMPORTANTNOTICEANDCONTENTSII.COMPANYPROFILEIII.FINANCIALHIGHLIGHTANDBUSINESSHIGHLIGHTIV.PARTICULARSABOUTCHANGESINSHARECAPITALANDSHAREHOLDERSV.PARTICULARSABOUTDIRECTOR,SUPERVISOR,SENIOREXECUTIVEANDSTAFFVI.ADMINISTRATIVESTRUCTUREVII.BRIEFINGSONTHESHAREHOLDERS’GENERALMEETINGVIII.REPORTOFTHEBOARDOFDIRECTORSIX.REPORTOFTHESUPERVISORYCOMMITTEEX.SIGNIFICANTEVENTSXI.FINANCIALREPORTXII.DOCUMENTSAVAILABLEFORREFERENCEII.COMPANYPROFILE1.LegalNameoftheCompany:InChinese:Abbr.:InEnglish:CHINAMERCHANTSSHEKOUHOLDINGSCO.,LTD.Abbr.:CMSH2.LegalRepresentative:DingKeyi3.SecretaryofBoardofDirectors:ChenYuLiaisonAddress:9/F,NewTimesBuilding,ShekouIndustrialZone,NanshanDistrict,ShenzhenTel:(86)755-6819600Fax:[phone]E-mail:[e-mail]iveinChargeofSecuritiesAffairs:LiuNingLiaisonAddress:9/F,NewTimesBuilding,ShekouIndustrialZone,NanshanDistrict,ShenzhenTel:(86)755-6819616Fax:[phone]E-mail:[e-mail]:30/F,NewTimesBuilding,ShekouIndustrialZone,NanshanDistrict,ShenzhenOfficeAddress:9/F,TimesPlaza,ShekouIndustrialZone,NanshanDistrict,ShenzhenPostCode:518067E-mail:[e-mail]singtheInformationoftheCompany:SecuritiesTimes,ChinaSecuritiesandTaKungPaoInternetWebSiteDesignatedbyChinaSecuritiesRegulatoryCommissionforPublishingtheAnnualReport::ShenzhenStockExchangeThe2ndStockExchangeListedwith:SingaporeStockExchangeShortFormoftheStock:CHINAMERCHANTS-A,CHINAMERCHANTS-BStockCode:000024,2000247.Businessscope:transportation,portservices,watercarriageservices,industrialmanufacture,developmentandoperationofrealestate,R&Dservices,hotelandrestaurantbusiness,andbondedwarehousebusiness.8.OtherRelevantInformationoftheCompany(1)Initialregistrationdate:Sep.19,1990.(2)Initialregistrationplace:Shenzhen.(3)RegistrationNumberofenterprisejuristicperson’sbusinesslicense:QGYSZZiNo.101828(4)ReferenceNumberoftaxation:GSSZ440305618845136DSDZ440305618845136(5)NameandofficeaddressofcertifiedpublicaccountantsengagedbytheCompanyDomestic:HujiangdeqinCertifiedPublicAccountantsAddress:16/F,ShanghaitanInternationalMansion,No.99HuangpuRd.,ShanghaiOverseas:DeloitteToucheTohmatsuCertifiedPublicAccountantsAddress:26/F,WingonCenter,111ConnaughtRd.Central,HongKong9.Definition:Unlessotherwisestated,thefollowingwordsandexpressionshavethefollowingmeanings:1.“theCompany”:ChinaMerchantsShekouHoldingsCo.,Ltd.2.“CMSIZ”:ChinaMerchantsShekouIndustrialZoneCo.,Ltd.3.“CMRE”:ShenzhenChinaMerchantsRealEstateCo.,Ltd.4.“CMPS”:ShenzhenChinaMerchantsPowerSupplyCo.,Ltd.5.“CMWS”:ShenzhenChinaMerchantsWaterSupplyCo.,Ltd.6.“CMP”:ShenzhenChinaMerchantsPetrochemicalsCo.,Ltd.Note:ThefinancialdataandamountinthisreportareexpressedinRMB(exceptforotherwisestated)III.FINANCIALHIGHLIGHTANDBUSINESSHIGHLIGHT(I)Majorprofitindexesasoftheyear2001No.IndexesAmount1Totalprofit291,435,8322Netprofit174,961,7813Netprofitafterdeductingnon-recurringgainsandlosses189,537,3644Profitfrommainbusinesslines516,647,9955Profitfromotherbusinesslines3,093,8656Operatingprofit315,232,4677Investmentincome-45,282,8648Subsidyincome32,586,0849Netincome/expenditurefromnon-operating-11,099,85510Netcashflowsarisingfromoperatingactivities27,055,36211Netincrease/decreaseincashandcashequivalent-225,345,436Note:Inthereportyear,thetotalamountofnon-recurringgainsandlossesisRMB–14,575,583,includingRMB–16,159,770asnetincome/expenditurefromnon-operating,RMB1,249,500assubsidyincome,andRMB334,687asdisposalofinvestmentgainsandlossesofaffiliatedcompany.(II)ImpactofadjustmentonprofitandnetassetsunderIAS(Unit:InRMB’000)NetprofitNetassetsUnderChineseAccountingStandards174,9622,250,278AdjustmentunderInternationalAccountingStandards:Dividenddistribution52,404Adjustmentofincomefromassetsexchange22,12116,838Adjustmentofamortizationofgoodwill-66,856-53,723AdjustmentofVATreturnasitaccrues13,60013,600Adjustmentofminorityshareholders’equity10,208-22,867Adjustmentofdeferredtaxes6,279-29,738Adjustmentofdifferenceofaccountingestimate2,796Others1,600-2,488AdjustedvalueunderIAS164,7102,224,304Note:Thenetprofitasoftheyear2001isRMB164,710,000asauditedbyoverseasCertifiedPublicAccountants.Themainreason