国恒退(000594)公告正文

国恒铁路:2010年年度报告摘要

公告日期:2011-04-28

                                                                     天津国恒铁路控股股份有限公司 2010 年年度报告摘要




证券代码:000594                                     证券简称:国恒铁路                           公告编号:2011-20


             天津国恒铁路控股股份有限公司 2010 年年度报告摘要


§1 重要提示

    1.1 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、
误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性负个别及连带责任。
    本年度报告摘要摘自年度报告全文,报告全文同时刊载于巨潮资讯网(www.cninfo.com.cn)。投资者
欲了解详细内容,应当仔细阅读年度报告全文。
    1.2 除下列董事外,其他董事亲自出席了审议本次年报的董事会会议
未亲自出席董事姓 未亲自出席董事职
                                                               未亲自出席会议原因                          被委托人姓名
        名               务
杨德勇                独立董事            工作原因                                                   赫国胜
    1.3 公司年度财务报告已经中磊会计师事务所审计并被出具了标准无保留意见的审计报告。
    1.4 公司负责人刘正浩、主管会计工作负责人金卫民及会计机构负责人(会计主管人员)刘平声明:保
证年度报告中财务报告的真实、完整。

§2 公司基本情况简介

2.1 基本情况简介

              股票简称                国恒铁路
              股票代码                000594
            上市交易所                深圳证券交易所
              注册地址                天津空港物流加工区西三道 166 号 A3 区 224 室
         注册地址的邮政编码           300381
              办公地址                天津市南开区华苑产业园区榕苑路 1 号天财酒店 A 座 8 层
         办公地址的邮政编码           300384
         公司国际互联网网址           www.guotiekonggu.com
              电子信箱                gtkg000594@126.com


2.2 联系人和联系方式

                                                 董事会秘书                                 证券事务代表
             姓名                阎小佳                                     卢 佳
                                 天津市南开区华苑产业园区榕苑路 1 号天财酒 天津市南开区华苑产业园区榕苑路 1 号天财酒
           联系地址
                                 店A座8层                                  店A座8层
             电话                022-58396826                              022-58396826
             传真                022-58396811                              022-58396811
           电子信箱              gtkg000594@126.com                         gtkg000594@126.com




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                                                                     天津国恒铁路控股股份有限公司 2010 年年度报告摘要



§3 会计数据和业务数据摘要

3.1 主要会计数据

                                                                                                                    单位:元
                             2010 年                      2009 年             本年比上年增减(%)              2008 年
 营业总收入(元)            2,088,224,157.20              349,703,481.88                      497.14%            115,559,026.24
  利润总额(元)                 5,347,424.91                5,973,488.87                      -10.48%             48,334,898.45
归属于上市公司股东
                                 2,640,709.72                4,976,874.77                      -46.94%             35,275,935.67
  的净利润(元)
归属于上市公司股东
的扣除非经常性损益                411,202.13                 2,493,792.38                      -83.51%               989,012.87
  的净利润(元)
经营活动产生的现金
                              -382,496,378.50               60,678,154.11                     -730.37%            -69,307,408.35
  流量净额(元)
                                                                               本年末比上年末增减
                            2010 年末                    2009 年末                                             2008 年末
                                                                                     (%)
   总资产(元)              4,373,566,828.97             3,477,434,411.15                      25.77%          1,456,061,806.89
归属于上市公司股东
                             3,094,610,885.92             3,091,970,176.20                       0.09%           975,847,034.39
的所有者权益(元)
    股本(股)               1,493,771,892.00             1,244,809,910.00                      20.00%            561,116,160.00


3.2 主要财务指标

                                                                                                                    单位:元
                                   2010 年                     2009 年              本年比上年增减(%)        2008 年
基本每股收益(元/股)                           0.002                        0.01                -80.00%                      0.06
稀释每股收益(元/股)                           0.002                        0.01                -80.00%                      0.06
扣除非经常性损益后的基本
                                              0.0003                     0.004                   -92.50%                    0.0018
每股收益(元/股)
加权平均净资产收益率(%)                       0.09%                    0.51%                    -0.42%                    3.68%
扣除非经常性损益后的加权
                                                0.01%                    0.25%                    -0.24%                    0.10%
平均净资产收益率(%)
每股经营活动产生的现金流
                                                -0.256                   0.049                  -622.45%                    -0.124
量净额(元/股)
                                                                                    本年末比上年末增减
                                  2010 年末                  2009 年末                                         2008 年末
                                                                                          (%)
归属于上市公司股东的每股
                                                 2.07                        2.48                -16.53%                      1.74
净资产(元/股)
非经常性损益项目
√ 适用 □ 不适用
                                                                                                                    单位:元
                     非经常性损益项目                                                金额                   附注(如适用)
非流动资产处置损益                                                                           -43,659.55
除上述各项之外的其他营业外收入和支出                                                        2,945,646.58 主要系合同违约金
其他符合非经常性损益定义的损益项目                                                              -140.00
所得税影响额                                                                                -735,728.56




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                                                                    天津国恒铁路控股股份有限公司 2010 年年度报告摘要



少数股东权益影响额                                                                          63,389.12
                                合计                                                      2,229,507.59             -


3.3 境内外会计准则差异

□ 适用 √ 不适用


§4 股本变动及股东情况

4.1 股份变动情况表

                                                                                                                       单位:股
                           本次变动前                         本次变动增减(+,-)                            本次变动后
                                                                    公积金转
                         数量          比例      发行新股   送股                   其他          小计       数量          比例
                                                                      股
                      753,900,36                                    150,780,07 -698,400,0 -547,619,9 206,280,43
一、有限售条件股份                     60.56%                                                                             13.81%
                               3                                             3        00          27          6
1、国家持股
                      139,000,00                                                 -166,800,0 -139,000,0
2、国有法人持股                         11.17%                      27,800,000                                     0       0.00%
                               0                                                        00          00
                      614,900,36                                    122,980,07 -531,600,0 -408,619,9 206,280,43
3、其他内资持股                        49.40%                                                                             13.81%
                               3                                             3        00          27          6
  其中:境内非国有 614,900,36                                       122,980,07 -531,600,0 -408,619,9 206,280,43
                                       49.40%                                                                             13.81%
法人持股                    3                                                3        00          27          6
      境内自然人持

4、外资持股
  其中:境外法人持

      境外自然人持

5、高管股份
                      490,909,54                                                 698,400,00 796,581,90 1,287,491,
二、无限售条件股份                     39.44%                       98,181,909                                            86.19%
                               7                                                          0          9       456
                      490,909,54                                                 698,400,00 796,581,90 1,287,491,
1、人民币普通股                        39.44%                       98,181,909                                            86.19%
                               7                                                          0          9       456
2、境内上市的外资

3、境外上市的外资

4、其他
                       1,244,809,                                   248,961,98                 248,961,98 1,493,771,
三、股份总数                           100.00%                                             0                             100.00%
                             910                                             2                          2       892
限售股份变动情况表
                                                                                                                       单位:股
                                        本年解除限售股 本年增加限售股
     股东名称        年初限售股数                                         年末限售股数           限售原因       解除限售日期
                                              数             数
深圳市国恒实业                                                                              股改限售          84,247,936 股于
                        171,900,363                   0      34,380,073      206,280,436
发展有限公司                                                                                84,247,936 股;发 2009 年 1 月 10 日




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                                                                     天津国恒铁路控股股份有限公司 2010 年年度报告摘要



                                                                                            行新股限售       限售到期,尚未
                                                                                            122,032,500 股   解限;2012 年 12
                                                                                                             月 15 日限售
                                                                                                             122,032,500 股
中融国际信托有                                                                                               2010 年 12 月 21
                       125,000,000        150,000,000         25,000,000                0 发行新股
限公司                                                                                                       日
上海聚丰投资管                                                                                               2010 年 12 月 21
                        81,000,000         97,200,000         16,200,000                0 发行新股
理有限公司                                                                                                   日
湖南省轻工盐业
                                                                                                             2010 年 12 月 21
集团有限责任公          79,000,000         94,800,000         15,800,000                0 发行新股
                                                                                                             日

上海竹千代投资                                                                                               2010 年 12 月 21
                        70,000,000         84,000,000         14,000,000                0 发行新股
有限公司                                                                                                     日
浙江英维特投资                                                                                               2010 年 12 月 21
                        65,000,000         78,000,000         13,000,000                0 发行新股
有限公司                                                                                                     日
常州投资集团有                                                                                               2010 年 12 月 21
                        60,000,000         72,000,000         12,000,000                0 发行新股
限公司                                                                                                       日
东莞市创裕实业                                                                                               2010 年 12 月 21
                        52,000,000         62,400,000         10,400,000                0 发行新股
发展有限公司                                                                                                 日
无锡市新宝联投                                                                                               2010 年 12 月 21
                        50,000,000         60,000,000         10,000,000                0 发行新股
资有限公司                                                                                                   日
     合计              753,900,363        698,400,000        150,780,073      206,280,436          -               -


4.2 前 10 名股东、前 10 名无限售条件股东持股情况表

                                                                                                                   单位:股
         股东总数                                                                                                     127,866
            前 10 名股东持股情况
                                                                                  持有有限售条件股份 质押或冻结的股份数
         股东名称               股东性质         持股比例          持股总数
                                                                                        数量                 量
深圳市国恒实业发展有限公     境内非国有法
                                                         13.81%     206,310,436              206,280,436           204,773,235
司                           人
                             境内非国有法
中融国际信托有限公司                                     10.04%     150,000,000                         0                     0
                             人
湖南省轻工盐业集团有限责
                             国有法人                     6.33%      94,630,000                         0                     0
任公司
                             境内非国有法
浙江英维特投资有限公司                                    5.22%      78,000,000                         0           25,992,000
                             人
东莞市创裕实业发展有限公     境内非国有法
                                                          4.02%      60,000,000                         0                     0
司                           人
                             境内非国有法
无锡市新宝联投资有限公司                                  4.02%      60,000,000                         0                     0
                             人
                             境内非国有法
上海聚丰投资管理有限公司                                  3.49%      52,200,000                         0                     0
                             人
杨成社                       境内自然人                   3.20%      47,760,000                         0                     0
常州投资集团有限公司         国有法人                     1.61%      24,000,000                         0           24,000,000
应伟强                       境内自然人                   0.76%      11,284,400                         0                     0
            前 10 名无限售条件股东持股情况
                  股东名称                              持有无限售条件股份数量                          股份种类



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                                                             天津国恒铁路控股股份有限公司 2010 年年度报告摘要



中融国际信托有限公司                                               150,000,000 人民币普通股
湖南省轻工盐业集团有限责任公司                                      94,630,000 人民币普通股
浙江英维特投资有限公司                                              78,000,000 人民币普通股
东莞市创裕实业发展有限公司                                          60,000,000 人民币普通股
无锡市新宝联投资有限公司                                            60,000,000 人民币普通股
上海聚丰投资管理有限公司                                            52,200,000 人民币普通股
杨成社                                                              47,760,000 人民币普通股
常州投资集团有限公司                                                24,000,000 人民币普通股
应伟强                                                              11,284,400 人民币普通股
李天云                                                              10,200,000 人民币普通股
 上述股东关联关系或一致行 对前十名无限售条件股东,公司未知他们之间是否存在关联关系,也不知是否存在《上市公司
         动的说明         股东持股变动信息披露管理办法》中规定的一致行动人。


4.3 控股股东及实际控制人情况介绍

4.3.1 控股股东及实际控制人变更情况

□ 适用 √ 不适用


4.3.2 控股股东及实际控制人具体情况介绍

彭章才,男,1974 年 5 月出生,大学本科。现任深圳国恒第一大股东。


4.3.3 公司与实际控制人之间的产权及控制关系的方框图




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                                                                              天津国恒铁路控股股份有限公司 2010 年年度报告摘要



§5 董事、监事和高级管理人员

5.1 董事、监事和高级管理人员持股变动及报酬情况

                                                                                                                  报告期内 是否在股
                                                                                                                  从公司领 东单位或
                                                                             年初持股   年末持股
  姓名         职务       性别 年龄 任期起始日期 任期终止日期                                       变动原因      取的报酬 其他关联
                                                                               数         数
                                                                                                                  总额(万 单位领取
                                                                                                                  元) 税前) 薪酬
                                           2008 年 05 月 2011 年 05 月
刘正浩   董事长          男           52                                            0           0                        18.96 否
                                           01 日         01 日
                                           2008 年 05 月 2010 年 01 月
郭魁元   总经理          男           40                                            0           0                        17.32 否
                                           01 日         01 日
                                           2008 年 05 月 2011 年 05 月
宋金球   副总经理        男           49                                            0           0                        15.20 是
                                           01 日         01 日
                                           2008 年 11 月 2011 年 01 月
董莉     财务总监        女           48                                            0           0                        14.60 否
                                           01 日         01 日
                                           2008 年 05 月 2010 年 04 月
李运丁   董事            男           50                                            0           0                         2.00 否
                                           01 日         01 日
                                           2009 年 05 月 2011 年 05 月
孙坤     独立董事        女           53                                            0           0                         6.00 否
                                           01 日         01 日
                                           2009 年 05 月 2011 年 05 月
杨德勇   独立董事        男           48                                            0           0                         6.00 否
                                           01 日         01 日
                                           2008 年 05 月 2010 年 11 月
潘瑾     独立董事        男           46                                            0           0                         5.25 否
                                           01 日         01 日
                                           2010 年 11 月 2011 年 05 月
赫国胜   独立董事        男           55                                            0           0                         0.75 否
                                           01 日         01 日
                                           2008 年 06 月 2011 年 05 月
张亚光   监事            男           54                                            0           0                         7.50 否
                                           01 日         01 日
                                           2008 年 06 月 2011 年 05 月
张建北   监事            女           40                                            0           0                         3.60 否
                                           01 日         01 日
                                           2008 年 06 月 2011 年 05 月
梁伟鹏   监事            男           35                                            0           0                         7.20 是
                                           01 日         01 日
                                           2009 年 05 月 2011 年 05 月
阎小佳   董事会秘书 男                28                                            0           0                        12.40 否
                                           01 日         01 日
  合计          -             -   -              -              -                   0           0        -              116.78      -
董事、监事、高级管理人员报告期内被授予的股权激励情况
□ 适用 √ 不适用


5.2 董事出席董事会会议情况

                                                                             以通讯方式                                  是否连续两次
                                                            现场出席次                      委托出席次
    董事姓名              具体职务           应出席次数                      参加会议次                      缺席次数    未亲自出席会
                                                                数                              数
                                                                                 数                                            议
潘瑾                  独立董事                         12                2              8            1                  1否
孙坤                  独立董事                         13                4              9            0                  0否
杨德勇                独立董事                         13                3              9            0                  1否
赫国胜                独立董事                          1                0              1            0                  0否




                                                                                                                                        6
                                                                  天津国恒铁路控股股份有限公司 2010 年年度报告摘要



连续两次未亲自出席董事会会议的说明


年内召开董事会会议次数                                                                                               13
其中:现场会议次数                                                                                                      4
通讯方式召开会议次数                                                                                                    9
现场结合通讯方式召开会议次数                                                                                            0


§6 董事会报告

6.1 管理层讨论与分析

一、控股子公司经营情况及业绩分析
(一)湖南东方伟业投资管理有限公司(以下简称“东方伟业”):
截至本报告期,本公司持有东方伟业 90%股权。东方伟业注册资本 7,200 万元,经营范围是基础设施、房地产业、科技产业、
医药化工业、旅游业、广告业的投资;房屋租赁;从事法律、法规、国家政策允许的国内商业贸易。东方伟业经审计的 2010
年度财务报表显示:截至 2010 年 12 月 31 日,该公司总资产 9,507.50 万元,净资产 9,447.31 万元,主营业务收入 1,157.63 万
元,净利润 324.55 万元。
(二)北京茂屋房地产开发有限责任公司(以下简称“北京茂屋”):
截至本报告期,本公司持有北京茂屋 80%股权。北京茂屋注册资本 9,000 万元,经营范围是房地产开发;销售商品房;建筑
材料 、钢材、五金交电。北京茂屋经审计的 2010 年度财务报表显示:截至 2010 年 12 月 31 日,该公司总资产 17,480.42 万
元,净资产 12,654.72 万元,2010 年完成主营业务收入 385.05 万元,净利润 28.50 万元。
(三)广东国恒铁路物资有限公司(以下简称“铁路物资”):
截至本报告期,本公司持有铁路物资 100%股权。铁路物资注册资本为 24,000 万元,经营范围是销售:铁路建筑物资、钢材、
水泥、建筑材料(不含木材)、塑料制品、矿山工程机械及零配件;工程机械维修;批发、零售:煤炭(在许可证有效期内经
营);货物和技术进出口(法律、行政法规禁止的除外;法律、行政法规限制的项目需取得许可后方可经营)。铁路物资经审
计的 2010 年度财务报表显示:截至 2010 年 12 月 31 日,该公司总资产 105,236.75 万元,净资产 25,785.54 万元,主营业务收
入 43,962.86 万元,净利润 864.87 万元。
(四)中铁(罗定)铁路有限责任公司(以简称中铁“(罗定)”):
截至本报告期,本公司持有中铁(罗定)83.43%股权。中铁(罗定)注册资本 51,490 万元,经营范围是罗定铁路的建设和客
货运输;物资供销和仓储、建筑材料(凡涉证项目凭有效许可证经营)。中铁(罗定)经审计的 2010 年度财务报表显示:截
至 2010 年 12 月 31 日,该公司总资产 105,332.54 万元,净资产 65,471.50 万元,主营业务收入 2,364.25 万元,净利润-1,058.13
万元。
(五)中铁(罗定岑溪)铁路有限责任公司(以下简称“中铁(罗岑)”):
截至本报告期,本公司持有中铁(罗岑)99.85%的股权。中铁(罗岑)注册资本 144,800 万元,经营范围是铁路运输业;罗
定至岑溪铁路的建设及客、货运输。中铁(罗岑)经审计的 2010 年度财务报表显示:截至 2010 年 12 月 31 日,该公司总资
产 178,706.01 万元,净资产 144,741.36 万元。
(六)甘肃酒航铁路有限公司(以下简称“甘肃酒航”):
截至本报告期,本公司持有甘肃酒航 100%的股权。甘肃酒航注册资本 5,000 万元,经营范围是铁路建设;物流。甘肃酒航经
审计的 2010 年度财务报表显示:截至 2010 年 12 月 31 日,该公司总资产 4,449.42 万元,净资产 4,457.40 万元,主营业务收
入 0 万元,净利润-153.73 万元。
(七)江西国恒铁路有限公司(以下简称“江西国恒”):
截至本报告期,本公司持有江西国恒 100%股权。江西国恒注册资本 10,000 万元,经营范围是对各类行业的投资;铁路投资;
高新技术产品的开发;国内贸易;复垦项目及土地开发整理。(以上项目国家有专项许可的除外)。江西国恒经审计的 2010 年
度财务报表显示:截至 2010 年 12 月 31 日,该公司总资产 11,070.26 万元,净资产 9,973.73 万元,主营业务收入 82.4 万元,
净利润-26.27 万元。
(八)江西通恒实业有限公司(以下简称“通恒实业”):
2010 年 2 月 23 日,本公司以 24,710,066.84 元收购了廖志刚、熊星亮所持有的通恒实业合计 60%的股权;同时对通恒实业增
资 7,500 万元,本次收购及增资完成后,通恒实业注册资本变更为 10,000 万元,本公司持有通恒实业 90%的股权。通恒实业
经营范围是废旧物资回收(含有、黑色金属),信息服务,国内贸易。
2010 年 12 月 1 日,本公司将所持有的通恒实业 90%股权以 101,091,400.00 元转让给赣商联合股份有限公司,转让该项股权后
公司不再持有通恒实业股权。




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                                                               天津国恒铁路控股股份有限公司 2010 年年度报告摘要



二、对公司未来发展的展望
伴随着“十一五”这极不平凡的五年的结束,中国经受住了国际金融危机的严峻挑战,保持了经济平稳较快发展。国家“十
二五”规划纲要提出:以加快转变经济发展方式为主线,深化改革开放、坚持扩大内需特别是消费需求的战略,这都有利于
加快形成消费、投资、出口协调拉动经济增长的新局面。在这大好形势下,公司也将继续坚持在业绩增长和做大做强的前提
下,稳健经营,提升公司经营能力、盈利能力,做强公司主营业务,保证公司资产的保值增值。
(一)发展环境
1、铁路行业
国民经济和社会发展“十二五”规划(草案)提出,“十二五”期间,铁路新线投产总规模控制在 3 万公里,全国铁路运营里
程将增加到 12 万公里左右。按照这个规模,“十二五”期间将安排基建投资 2.8 万亿元,“十二五”时期,仍然是铁路建设加
快推进的时期。公司在铁路建设行业将大有作为。
2、房地产行业
2011 年,国家将继续促进房地产行业的健康发展,保障民生,同时房地产行业也将面临新的机遇,中国人口结构的特殊性、
中国经济体制现阶段以投资为主导的特性以及房地产作为宏观经济的关键性领域等驱动因素短期内将很难改变,二、三线城
市在大型城市圈的兴起后作为卫星城将逐渐吸引更多的购买人群,并提供持久的增长动力,因此未来几年内房地产市场将仍
然充满着机遇和发展空间。
3、大宗物资贸易行业
    国家“十二五”规划纲要的提出,中国未来五年将继续扩大内需,带动消费,拉动投资。随着国家对基础建设投资的持
续投入,也将带动对基础建材的巨大需求,这都有利于公司未来的发展,也会进一步加大公司对贸易投资的力度。
(二)公司发展规划
1、铁路投资建设运营
2010 年 6 月 11 日,子公司中铁(罗定)关于罗定铁路货物运价及货运杂费收费标准调整获得广东省物价局《关于罗定铁路货
物运价及货运杂费收费标准的批复》(粤价【2010】112 号)和云浮市物价局《转发省物价局关于罗定铁路货物运价及货运杂
费收费标准的批复》(云价【2010】96 号)两个文件的核准。执行上述批复执行标准后,中铁(罗定)发到货物基准运价由不分
类别每吨公里 0.2 元调整为不分类别每吨公里 0.36 元,通过货物基准运价由不分类别每吨公里 0.1 元调整为不分类别每吨公里
0.25 元。此次收费标准的提高,公司将大力发展铁路运输及相关业务,以带动公司经营业绩的提升。
目前公司铁路项目罗岑铁路正在积极建设当中,酒航铁路由于政府规划调整处于优化设计阶段。根据铁路运输及其相关业务
具有收益稳定的优点,经测算,在罗岑铁路和酒航铁路专用线建成通车后,公司每年新增销售收入约 65 亿元,税后利润(按
税率 25%计算)增加约 7.29 亿元。
公司 2011 年将继续在现有铁路建设早日完工的基础上,积极寻求适当时机参与新的铁路建设项目。
2、房地产开发建设
2011 年 1 月,为遏制房价过快上涨,国务院出台“新国八条”,对房地产市场进行了新一轮的调控,以遏制房地产市场的投机
性及投资性需求,为实现持续高速运营,商业模式的创新与探索将成为新的竞争态势。 因此,公司将提高产品创新能力、提
升产品品质、塑造品牌地位,以增强企业竞争力。
公司也将密切关注宏观经济变化和国家相关调控政策,及时调整公司房地产战略规划,积极以商业地产为主导、积极参与国
家政策性住房建设、扩大规模增加硬实力等多元化发展方向上来。
3、大宗物资贸易拓展
一方面,公司将利用自身铁路网络渠道,进一步向其他省市辐射,以建成范围覆盖全国的销售网络,另一方面,公司将深化
并拓宽贸易渠道,细化贸易品种,积极与上下游企业进行合作,以形成产供销一体的经营机制,降低成本,同时也将拓展国
外贸易。
2011 年,机遇与发展并存,公司将加强内部控制管理,完善公司经营管理体制,促进公司经营稳健发展,同时公司将继续做
大做强主营业务,提升公司经营业绩,维护广大投资者的合法权益。



6.2 主营业务分行业、产品情况表

                                                                                                      单位:万元
                                               主营业务分行业情况
                                                                       营业收入比上    营业成本比上 毛利率比上年增
   分行业或分产品          营业收入      营业成本       毛利率(%)
                                                                       年增减(%)     年增减(%)      减(%)
商品销售收入                204,915.50    199,798.17           2.50%        564.75%         578.59%         -1.99%
铁路运费收入                  2,077.50       3,112.70        -49.83%         -24.66%          7.30%        -44.63%
租赁收入                      1,157.63        512.19          55.76%          5.00%           0.00%          2.21%




                                                                                                               8
                                                                            天津国恒铁路控股股份有限公司 2010 年年度报告摘要



合计                          208,150.62        203,423.06                 2.27%            498.90%         518.09%                 -3.04%
                                                       主营业务分产品情况
商品销售收入                  204,915.50        199,798.17                 2.50%            564.75%         578.59%                 -1.99%
铁路运费收入                    2,077.50           3,112.70              -49.83%             -24.66%         7.30%                 -44.63%
租赁收入                        1,157.63               512.19             55.76%              5.00%          0.00%                  2.21%
合计                          208,150.62        203,423.06                 2.27%            498.90%         518.09%                 -3.04%


6.3 主营业务分地区情况

                                                                                                                            单位:万元
                     地区                                                 营业收入                     营业收入比上年增减(%)
天津地区                                                                                  97,032.78                             494.22%
湖南地区                                                                                   1,157.63                                 5.00%
广东地区                                                                                  46,040.36                             166.84%
江西地区                                                                                  63,919.85                             100.00%
合计                                                                                     208,150.62                             498.90%


6.4 采用公允价值计量的项目

□ 适用 √ 不适用


6.5 募集资金使用情况对照表

√ 适用 □ 不适用
                                                                                                                            单位:万元
           募集资金总额                                  211,282.00
                                                                            本年度投入募集资金总额                             35,799.44
 报告期内变更用途的募集资金总额                                  0.00
   累计变更用途的募集资金总额                                    0.00
                                                                            已累计投入募集资金总额                            123,675.32
 累计变更用途的募集资金总额比例                                 0.00%
                    是否
                    已变 募集资                       截至期 截至期末                                                   项目可行
                                                                                             项目达到预          是否达
 承诺投资项目和超募 更项 金承诺 调整后投资 本年度投入 末累计 投资进度                                   本年度实        性是否发
                                                                                             定可使用状          到预计
     资金投向       目(含 投资总 总额(1)       金额   投入金 (%)(3)=                                   现的效益        生重大变
                                                                                               态日期            效益
                    部分    额                        额(2)    (2)/(1)                                                    化
                    变更)
    承诺投资项目
春罗铁路(收购中铁
(罗定)铁路有限责任          16,373.                                  16,373.              2009 年 10 月
                     否                    16,373.00            0.00             100.00%                      0.00 是         否
公司少数股东 24.43%               00                                       00               01 日
的股权)
                               144,59                                  105,93               2011 年 12 月
罗岑铁路项目         否               144,590.00         35,794.44                 73.27%                     0.00 否         否
                                 0.00                                    4.43               01 日
                              50,319.                                  1,367.8              2012 年 06 月
酒航铁路项目         否                    50,319.00            5.00               2.72%                      0.00 否         否
                                  00                                         9              01 日
                              211,282                                  123,67
  承诺投资项目小计        -           211,282.00         35,799.44                   -            -           0.00      -            -
                                  .00                                    5.32
    超募资金投向




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                                                                   天津国恒铁路控股股份有限公司 2010 年年度报告摘要



归还银行贷款(如有)    -                                                           -          -          -        -
补充流动资金(如有)    -                                                           -          -          -        -
  超募资金投向小计      -        0.00       0.00        0.00     0.00    -          -              0.00   -        -
                              211,282                          123,67
        合计            -             211,282.00   35,799.44             -          -              0.00   -        -
                                  .00                            5.32
 未达到计划进度或预
 计收益的情况和原因 因政府规划调整,对甘肃酒航的增资款项 45,319 万元暂未投入甘肃酒航铁路有限公司。
   (分具体项目)
 项目可行性发生重大
                    因政府规划调整,甘肃酒航项目存在一定的不确定性
   变化的情况说明
超募资金的金额、用途
                     不适用
  及使用进展情况
 募集资金投资项目实
                    不适用
   施地点变更情况
 募集资金投资项目实
                    不适用
   施方式调整情况
 募集资金投资项目先
                    不适用
 期投入及置换情况
                    适用
 用闲置募集资金暂时
 补充流动资金情况 2010 年 9 月 15 日,经公司股东大会批准,本公司使用募集资金 4.28 亿无补充公司流动资金,使用期
                    不超过 6 个月;截止本报告日,由于多方的原因,本公司尚未将资金归还募集资金专户
 项目实施出现募集资
                    不适用
 金结余的金额及原因
 尚未使用的募集资金
                    除上述披露的募集资金使用情况之外,剩余募集资金存放于募集资金专户中
     用途及去向
 募集资金使用及披露
 中存在的问题或其他 见“2010 年度募集资金实际使用情况说明”
       情况
变更募集资金投资项目情况表
□ 适用 √ 不适用


6.6 非募集资金项目情况

□ 适用 √ 不适用


6.7 董事会对公司会计政策、会计估计变更或重大会计差错更正的原因及影响的说明

□ 适用 √ 不适用


6.8 董事会对会计师事务所“非标准审计报告”的说明

□ 适用 √ 不适用


6.9 董事会本次利润分配或资本公积金转增股本预案

2010 年度公司实现净利润为 2,640,709.72 元,年初未分配利润 239,987,438.76 元,2010 年末合计未分配利润 242,628,148.48
元。鉴于公司 2011 年铁路项目投资力度的加大和综合物资贸易业务规模的扩大,预计公司 2011 年流动资金将比较紧张。因
此,为保证公司现金正常运转及公司进一步发展,公司 2010 年度可供分配利润不作现金分配也不以资本公积金转增股本。
公司最近三年现金分红情况表
                                                                                                              单位:元



                                                                                                                       10
                                                                    天津国恒铁路控股股份有限公司 2010 年年度报告摘要



                                                 分红年度合并报表中归     占合并报表中归属于上
     分红年度        现金分红金额(含税)        属于上市公司股东的净     市公司股东的净利润的      年度可分配利润
                                                         利润                     比率
      2009 年                             0.00             4,976,874.77                  0.00%              239,987,438.76
      2008 年                             0.00            35,275,935.67                  0.00%              235,010,563.99
      2007 年                             0.00            25,126,297.59                  0.00%              202,963,668.83
      最近三年累计现金分红金额占最近年均净利润的比例(%)                                                           0.00%
公司本报告期内盈利但未提出现金利润分配预案
√ 适用 □ 不适用
     本报告期内盈利但未提出现金利润分配预案的原因                          公司未分配利润的用途和使用计划
2010 年度公司实现净利润为 2,640,709.72 元,年初未分配利润
239,987,438.76 元,2010 年末合计未分配利润 242,628,148.48
元。鉴于公司 2011 年铁路项目投资力度的加大和综合物资贸易
                                                          公司 2011 年铁路项目投资和综合物资贸易业务
业务规模的扩大,预计公司 2011 年流动资金将比较紧张。因此,
为保证公司现金正常运转及公司进一步发展,公司 2010 年度
可供分配利润不作现金分配也不以资本公积金转增股本。


§7 重要事项

7.1 收购资产

√ 适用 □ 不适用
                                                                                                            单位:万元
                                               自购买日起至        本年初至本年                             与交易
                                                                                              所涉及 所涉及
                                               本年末为公司        末为公司贡献                             对方的
                                                                                是否为        的资产 的债权
交易对方或 被收购或置                          贡献的净利润        的净利润(适        定价原               关联关
                          购买日      交易价格                                  关联交        产权是 债务是
最终控制方 入资产                              (适用于非同        用于同一控制          则                 系(适用
                                                                                  易          否已全 否已全
                                               一控制下的企        下的企业合                               关联交
                                                                                              部过户 部转移
                                                 业合并)              并)                                 易情形)
                                                                                       依据注
江西绿色建 江西国恒铁 2010 年 07 月
                                          300.00           -7.88           0.00 否     册资本 是       是        无关联
材有限公司 路         14 日
                                                                                       出资额
                                                                                       经审计
廖志刚、熊 江西通恒实 2010 年 02 月
                                         2,399.25        -242.25           0.00 否     的净资 是       是        无关联
星亮       业有限公司 23 日
                                                                                       产


7.2 出售资产

√ 适用 □ 不适用
                                                                                                            单位:万元
                                                        本年初起至                          所涉及 所涉及        与交易对
                                                        出售日该出 出售产                   的资产 的债权        方的关联
            被出售或置                                                    是否为关
 交易对方                   出售日         交易价格     售资产为公 生的损          定价原则 产权是 债务是        关系(适
              出资产                                                      联交易
                                                        司贡献的净   益                     否已全 否已全        用关联交
                                                            利润                            部过户 部转移        易情形)
赣商联合股 江西通恒实 2010 年 12 月 01                                                经审计的
                                            10,109.14       -242.25    209.89 否               是     是        无关联
份有限公司 业有限公司 日                                                              净资产
7.1、7.2 所涉及事项对公司业务连续性、管理层稳定性的影响。
本年度进行的收购与出售资产行为,目的是为了促进整个公司的结构优化,完善公司产业链并整合资源,提升本公司主营业
务的经营规模和盈利能力,对本公司财务状况和经营成果将产生积极影响,符合本公司的现实利益及股东的长远利益,故不




                                                                                                                     11
                                                                          天津国恒铁路控股股份有限公司 2010 年年度报告摘要



会影响公司业务的连续性和管理层的稳定性。


7.3 重大担保

√ 适用 □ 不适用
                                                                                                                单位:万元
                                       公司对外担保情况(不包括对子公司的担保)
                担保额度相                   实际发生日期
                                                          实际担保金                                 是否履行完 是否为关联方
 担保对象名称   关公告披露      担保额度     (协议签署                         担保类型    担保期
                                                              额                                         毕     担保(是或否)
                  日和编号                       日)
                                                                                        自该笔银行
                                                                                        承兑汇票合
                2008 年 12 月                                                           同签订之日
贵州恒润龙贸                                 2009 年 01 月                   连带责任担
                17 日;           5,000.00                          5,000.00            起至该笔债 是           否
易有限公司                                   07 日                           保
                2008-088                                                                务期限届满
                                                                                        之日后两年
                                                                                        止
报告期内审批的对外担保额度                                          报告期内对外担保实际发生额
                                                             0.00                                                     2,500.00
        合计(A1)                                                          合计(A2)
报告期末已审批的对外担保额                                          报告期末实际对外担保余额合
                                                             0.00                                                         0.00
      度合计(A3)                                                          计(A4)
                                                   公司对子公司的担保情况
                担保额度相                   实际发生日期
                                                          实际担保金                                 是否履行完 是否为关联方
 担保对象名称   关公告披露      担保额度     (协议签署                         担保类型    担保期
                                                              额                                         毕     担保(是或否)
                  日和编号                       日)
                2010 年 6 月                                                              自该笔担保
江西通恒实业                                 2010 年 06 月                     连带责任担
                11 日;           5,000.00                          5,000.00              生效之日起 是         否
有限公司                                     14 日                             保
                2010-023                                                                  一年
                2010 年 6 月                                                              自该笔担保
江西通恒实业                                 2010 年 06 月                     连带责任担
                11 日;           3,000.00                          3,000.00              生效之日起 是         否
有限公司                                     14 日                             保
                2010-023                                                                  一年
                2010 年 9 月
广东国恒铁路                                 2010 年 09 月                     连带责任担
                1 日;            7,500.00                          7,500.00              两年       否         否
物资有限公司                                 01 日                             保
                2010-043
                                                                                     决算期内最
                2010 年 9 月                                              最高额连带 后一笔开具
广东国恒铁路                                 2010 年 09 月
                1 日;           10,000.00                      10,000.00 责任保证担 的银行承兑 否              否
物资有限公司                                 01 日
                2010-043                                                  保         汇票到期之
                                                                                     次日起两年
报告期内审批对子公司担保额                                          报告期内对子公司担保实际发
                                                      48,900.00                                                      25,500.00
      度合计(B1)                                                        生额合计(B2)
报告期末已审批的对子公司担                                          报告期末对子公司实际担保余
                                                      48,900.00                                                      17,500.00
    保额度合计(B3)                                                      额合计(B4)
                                             公司担保总额(即前两大项的合计)
 报告期内审批担保额度合计                                           报告期内担保实际发生额合计
                                                      48,900.00                                                      28,000.00
         (A1+B1)                                                          (A2+B2)
报告期末已审批的担保额度合                                           报告期末实际担保余额合计
                                                      48,900.00                                                      17,500.00
        计(A3+B3)                                                          (A4+B4)
实际担保总额(即 A4+B4)占公司净资产的比例                                                                              5.65%
其中:
为股东、实际控制人及其关联方提供担保的金额(C)                                                                           0.00



                                                                                                                         12
                                                                 天津国恒铁路控股股份有限公司 2010 年年度报告摘要



直接或间接为资产负债率超过 70%的被担保对象提供的债务担保
                                                                                                                  0.00
金额(D)
担保总额超过净资产 50%部分的金额(E)                                                                             0.00
上述三项担保金额合计(C+D+E)                                                                                     0.00
                                                            2010 年 8 月 31 日,公司召开第七届董事会第三十七次会议,
                                                            审议通过了本公司为子公司铁路物资向华夏银行股份有限
                                                            公司广州分行申请人民币柒仟伍佰万元整(¥75,000,000.00
                                                            元)流动资金贷款提供连带责任担保,期限两年;审议通
                                                            过了本公司为子公司铁路物资向赣州银行股份有限公司滨
                                                            江支行申请人民币贰亿元(¥200,000,000.00 元)银行承兑
未到期担保可能承担连带清偿责任说明                          汇票(其中:保证金 50%,银行承兑汇票敞口 50%),提供
                                                            最高额连带责任保证担保,最高额保证担保债权金额为人
                                                            民币壹亿元,最高额保证担保债权决算期为壹年,保证担
                                                            保期间为决算期内最后一笔开具的银行承兑汇票到期之次
                                                            日起两年。
                                                            截至本报告期,上述两笔担保仍在履行中。



7.4 重大关联交易

7.4.1 与日常经营相关的关联交易

□ 适用 √ 不适用


7.4.2 关联债权债务往来

√ 适用 □ 不适用
                                                                                                       单位:万元
                                              向关联方提供资金                     关联方向上市公司提供资金
             关联方
                                          发生额             余额                  发生额              余额
深圳市国恒实业发展有限公司                         0.00                0.00             1,610.02              2,792.60
               合计                                0.00                0.00             1,610.02              2,792.60
其中:报告期内上市公司向控股股东及其子公司提供资金的发生额 1,610.02 万元,余额 2,792.60 万元。


7.4.3 大股东及其附属企业非经营性资金占用及清偿情况表

□ 适用 √ 不适用


7.5 委托理财

□ 适用 √ 不适用


7.6 承诺事项履行情况

上市公司及其董事、监事和高级管理人员、公司持股 5%以上股东及其实际控制人等有关方在报告期内或持续到报告期内的
以下承诺事项
√ 适用 □ 不适用
             承诺事项                     承诺人           承诺内容                         履行情况
股改承诺                             无               无                      无
收购报告书或权益变动报告书中所作承 无                 无                      无



                                                                                                                 13
                                                              天津国恒铁路控股股份有限公司 2010 年年度报告摘要




重大资产重组时所作承诺              无              无                    无
                                                   本次非公开发行的股
                                                   份,在发行完毕后,控
                                                   股股东深圳国恒认购的
                                                   101,693,750 股在发行结 截至本报告期末,除控股股东深圳国恒正在
                                    公司限售流通股
发行时所作承诺                                     束之日起三十六个月内 履行过程中外,其他特定投资者承诺事项均
                                    股东
                                                   不得转让,其他特定投 已履行完毕。
                                                   资者认购的 582,000,000
                                                   股在发行结束之日起十
                                                   二个月内不得转让。
                                                   1、本次使用部分闲置募
                                                   集资金补充公司流动资
                                                   金的使用期限为自公司
                                                   股东大会审议通过之日
                                                   起不超过 6 个月;2、公
                                                   司不变相改变募集资金
                                                   用途,如因酒航铁路项
                                                   目建设加速推进形成对
                                                   募集资金使用的提前,
                                                   国恒铁路将及时把资金
                                                   归还到公司募集资金专
                                    天津国恒铁路控                        截至本报告期末,上述承诺事项正在履行过
其他承诺(含追加承诺)                             户,不得影响酒航铁路
                                    股股份有限公司                        程中。
                                                   投资项目的正常进行;
                                                   3、闲置募集资金用于补
                                                   充流动资金时,仅限于
                                                   公司大宗物资贸易业务
                                                   等方面的生产经营使
                                                   用,不得变相改变募集
                                                   资金投向,不得直接或
                                                   间接用于新股配售、申
                                                   购,或用于股票及其衍
                                                   生品种、可转换公司债
                                                   券等的交易。


7.7 重大诉讼仲裁事项

√ 适用 □ 不适用
2010 年 3 月至 2010 年 5 月,本公司子公司铁路物资与中能华辰集团有限公司(以下简称“中能华辰”)签订了物资采购合同,
但在合同履行过程中,铁路物资无法以信用证为条件获得银行融资,导致铁路物资未能按照合同约定如期向中能华辰支付相
应款项,因此中能华辰向济南市槐荫区人民法院提出诉讼。2010 年 9 月 1 日,济南市槐荫区人民法院对中能华辰提出的财产
保全申请作出了民事裁定。因铁路物资系本公司全资子公司,因此该院将本公司作为连带被告予以裁定,裁定冻结被告天津
国恒铁路控股股份有限公司银行存款 26,496,000 元或查封其价值相当的财产。
截至本报告期末,本公司在华夏银行北京紫竹桥支行账户中的合计 24,950,000 元已被济南市槐荫区人民法院冻结。鉴于该“物
资采购合同”系铁路物资与中能华辰签署,本公司并未作为合同的当事方,仅因为铁路物资为本公司的子公司,法院即对本
公司名下的资金予以冻结,就此事项,本公司正在与相关当事方及相关法院进行沟通及协商。如因相关方面在执行过程中的
错误给本公司造成损害,本公司保留维权的权利。至本报告期末,本公司日常经营活动正常,本次诉讼对公司未构成影响,
本公司董事会正按照相关规定积极协调解决,并将根据进展情况及时履行信息披露义务。(该事项详见本公司 2010 年 9 月 15
日在《中国证券报》、《证券时报》和巨潮资讯网上披露的公告内容。)




                                                                                                             14
                                                                      天津国恒铁路控股股份有限公司 2010 年年度报告摘要



7.8 其他重大事项及其影响和解决方案的分析说明

7.8.1 证券投资情况

√ 适用 □ 不适用
                                                                                                                           单位:元
                                                                                                      占期末证券
                                                     初始投资金 期末持有数
 序号      证券品种        证券代码       证券简称                                 期末账面值         总投资比例      报告期损益
                                                       额(元)   量(股)
                                                                                                        (%)
  1     股票             002087       新野纺织       4,991,144.00             0                0.00           0.00%              0.00
                期末持有的其他证券投资                        0.00       -                     0.00           0.00%              0.00
               报告期已出售证券投资损益                   -              -              -                 -                459,705.09
                         合计                        4,991,144.00        -                     0.00           100%         459,705.09
证券投资情况说明
根据《深圳证券交易所上市公司信息披露工作指引第 4 号——证券投资》第六条之规定:上市公司证券投资总额占公司最近
一期经审计净资产 10%以上,且绝对金额超过 1,000 万元人民币的,应在投资之前经董事会审议批准并及时履行信息披露义
务。
因此,根据该规定要求,子公司中铁(罗定)的上述证券投资事项不属于需提交董事会审议及披露事项。截止报告期末本公
司子公司已将上述股票全部售出,获利 459,705.09 元。



7.8.2 持有其他上市公司股权情况

□ 适用 √ 不适用


7.8.3 持有拟上市公司及非上市金融企业股权情况

□ 适用 √ 不适用


7.8.4 买卖其他上市公司股份的情况

□ 适用 √ 不适用


7.8.5 其他综合收益细目

                                                                                                                           单位:元
                          项目                                       本期发生额                               上期发生额
1.可供出售金融资产产生的利得(损失)金额
减:可供出售金融资产产生的所得税影响
前期计入其他综合收益当期转入损益的净额
小计
2.按照权益法核算的在被投资单位其他综合收益中所
                                                                                  241,195.43
享有的份额
减:按照权益法核算的在被投资单位其他综合收益中所
享有的份额产生的所得税影响
前期计入其他综合收益当期转入损益的净额
小计                                                                              241,195.43
3.现金流量套期工具产生的利得(或损失)金额




                                                                                                                                15
                                                                天津国恒铁路控股股份有限公司 2010 年年度报告摘要



减:现金流量套期工具产生的所得税影响
前期计入其他综合收益当期转入损益的净额
转为被套期项目初始确认金额的调整额
小计
4.外币财务报表折算差额
减:处置境外经营当期转入损益的净额
小计
5.其他                                                                                                  -1,673,732.96
减:由其他计入其他综合收益产生的所得税影响
前期其他计入其他综合收益当期转入损益的净额
小计                                                                                                     -1,673,732.96
合计                                                                      241,195.43                     -1,673,732.96


§8 监事会报告

√ 适用 □ 不适用
一、监事会工作情况
(一)监事会会议情况
2010 年监事会共召开了 5 次会议。
1、2010 年 4 月 9 日,公司以现场方式召开了第六届监事会第七次会议,应到会监事 3 人,实到会监事 3 人。会议审议并通过
了以下议案:
(1)审议通过《关于监事会加强公司内部控制管理体系执行监督的议案》。
(2)审议通过《关于监事会规范公司募集资金使用的议案》。
(3)审议通过《关于监事会规范公司财务管理制度的议案》。
此次监事会决议公告刊登在 2010 年 4 月 10 日《中国证券报》、《证券时报》、《证券日报》、《上海证券报》和巨潮资讯网上。
2、2010 年 4 月 26 日,公司以现场方式召开了第六届监事会第八次会议,应到会监事 3 人,实到会监事 2 人(监事梁伟鹏因
工作原因未能出席会议,授权委托监事张建北出席会议并行使表决权)。会议审议并通过了以下议案:
(1)审议通过《公司 2009 年监事会工作报告》。
(2)审议通过《公司 2009 年度报告》及其《摘要》。
(3)审议通过《公司 2009 年度财务决算报告》。
(4)审议通过《公司 2009 年度利润分配预案及资本公积金转增股本预案》:2009 年公司实现净利润 4,976,874.77 元,年初
未分配利润 235,010,563.99 元,2009 年末合计未分配利润 239,987,438.76 元。鉴于公司完成 2009 年非公开发行后,公司
2010 年铁路项目投资建设的开展及综合物资贸易量的增大,预计公司 2010 年流动资金仍将比较紧张。经公司董事会研究决
定:(1)为保证公司现金正常运转及公司进一步发展,公司 2009 年度可供分配利润不作现金分配。(2)公司拟以 2009 年 12
月 31 日公司总股本 1,244,809,910 股为基数,以资本公积金向全体股东按每 10 股转增 2 股,,实际资本公积金转增股本为
248,961,982 元。转增后,公司总股本由 1,244,809,910 股变更为 1,493,771,892 股。
(1)审议通过《公司董事会关于 2009 年度募集资金存放与使用情况的专项报告》。
(2)审议通过《公司 2009 年度内部控制自我评价报告》。
(3)审议通过《公司 2010 年第一季度报告》。
此次监事会决议公告刊登在 2010 年 4 月 28 日《中国证券报》、《证券时报》、《证券日报》、《上海证券报》和巨潮资讯网上。
3、2010 年 8 月 24 日,公司以现场方式召开了第六届监事会第九次会议,应到会监事 3 人,实到会监事 2 人(监事梁伟鹏因
工作原因未能出席会议,授权委托监事张建北出席会议并行使表决权)。会议审议并通过了以下议案:
(1)审议通过《公司 2010 年半年度报告全文及其摘要》。
(2)审议通过公司 2010 年中期分红派息及资本公积金转增股本预案(不分配不转增)。
此次监事会决议公告刊登在 2010 年 8 月 26 日《中国证券报》、《证券时报》、《证券日报》、《上海证券报》和巨潮资讯网上。
4、2010 年 8 月 27 日,公司以通讯方式召开了第六届监事会第十次会议,应到会监事 3 人,实到会监事 3 人。会议审议并通
过了以下议案:
(1)审议通过《关于使用部分闲置募集资金补充公司流动资金的议案》。
此次监事会决议公告刊登在 2010 年 8 月 31 日《中国证券报》、《证券时报》、《证券日报》、《上海证券报》和巨潮资讯网上。




                                                                                                                 16
                                                                天津国恒铁路控股股份有限公司 2010 年年度报告摘要



5、2010 年 10 月 28 日,公司以通讯方式召开了第六届监事会第十一次会议,应到会监事 3 人,实到会监事 3 人。会议审议并
通过了以下议案:
(1)审议通过《公司 2010 年度第三季度报告》。
此次监事会决议公告刊登在 2010 年 10 月 29 日《中国证券报》、《证券时报》、《证券日报》、《上海证券报》和巨潮资讯网上。
(二)监事会工作情况
监事会在履行职责期间,公司监事列席了相关董事会议、股东大会,及时了解公司各重大事项,检查了公司业务及财务情况,
审核了公司董事会提交的财务报告、经济合同及有关决议,监督了董事会和高级管理人员遵守《公司法》、《证券法》、《公司
章程》等有关法律法规和执行股东大会决议的情况。
二、监事会工作意见
(一)公司依法运行情况
2010 年监事会认真履行了《公司章程》所赋予的职责,充分发挥监督职能,本着勤勉、尽责的工作态度,通过对公司股东大
会、董事会会议的召开程序、决议事项、董事会对股东大会决议的执行情况、公司高级管理人员执行职务的情况、内部规章
制度执行情况的检查以及对公司董事、高级管理人员履行职责情况的监督。监事会认为公司董事会能够依法规范运作,经营
决策正确,公司已建立了较完善的法人治理结构和内部控制制度,并有效地执行;公司的董事及其他高级管理人员在履行职
务时是严肃、认真、勤勉、尽责的,没有发生违反法律、法规、《公司章程》或损害公司及股东利益的行为。
(二)检查公司财务情况
监事会对公司财务状况和财务制度分别进行了检查。经审阅中磊会计师事务所为本公司出具的 2010 年度财务审计报告,监事
会认为公司 2010 年年度报告真实、公允地反映了公司的财务状况及经营成果。
(三)募集资金投入情况
公司 2009 年非公开发行 A 股票 683,693,750 股,募集资金总额 218,782 万元,扣除发行费用 7,500 万元后,募集资金净额为
211,282 万元。
本次非公开发行募集资金在扣除发行费用后投入以下项目:
序号_募集资金投入项目_募集资金项目需求总额(万元)_募集资金使用金额(万元)
1_投资 144,590 万元用于罗岑铁路项目(项目总投资 144,800 万元),包括:
(1)以 34,790 万元收购深圳中技所持中铁(罗岑)98.57%的股权和罗定中技所持中铁(罗岑)0.83%的股权;
(2)收购完成后,补足中铁(罗岑)未到位注册资本 16,500 万元;
(3)收购完成后,单方面增资中铁(罗岑)93,300 万元。_144,800_144,590
2_投资 16,373 万元用于收购罗定中技所持中铁(罗定)24.43%的股权。_16,373_16,373
3_投资 50,319 万元用于酒航铁路项目,包括:
(1)以 1,000 万元收购深圳中技所持甘肃酒航 100%的股权;
(2)收购完成后,补足甘肃酒航未到位注册资本 4,000 万元;
(3)收购完成后,单方面增资甘肃酒航 45,319 万元。_50,319_50,319
合计_211,492_211,282
通过监督、核查,监事会认为:除对甘肃酒航增资 45,319 万元尚未完成外,上述其余募集资金实际投入项目和承诺投入项目
一致。
(四)资产交易
1、江西通恒实业有限公司
(1)2010 年 2 月 23 日,公司以 24,710,066.84 元完成收购廖志刚、熊星亮持有的江西通恒实业有限公司合计 60%的股权。
此次收购资产的交易价格是依据深圳市鹏城会计师事务所有限公司出具的深鹏所审字【2010】054 号《江西通恒实业有限公司
2007-2009 年度财务报表审计报告》中的净资产值确定,该交易价格合理、公允,没有发现损害股东的权益或造成公司资产损
失的情况,没有发现内幕交易。
(2)2010 年 12 月 1 日,公司将所持有的江西通恒实业有限公司 90%股权以 101,091,400.00 元转让给赣商联合股份有限公司,
转让该项股权后公司不再持有江西通恒实业有限公司股权。
此次出售资产的交易价格是依据中磊会计师事务所有限责任公司出具的中磊审字[2010]第 0254 号《江西通恒实业有限公司审
计报告》中的净资产值确定,该交易价格合理、公允,没有发现损害股东的权益或造成公司资产损失的情况,没有发现内幕
交易。
2、江西国恒铁路有限公司
(1)2010 年 2 月 23 日,公司与江西省绿色建材有限公司(以下简称“江西建材”)共同出资 1,000 万元人民币,设立江西国
恒铁路有限公司,注册资本为人民币 1,000 万元,其中,公司出资 700 万元人民币,占注册资本的 70%;江西建材出资 300
万元人民币,占注册资本的 30%。
本次设立江西国恒铁路有限公司,有利于进一步在江西省开展经营活动,没有发现损害股东的权益或造成公司资产损失的情
况,没有发现内幕交易。
(2)2010 年 7 月 22 日,公司以通讯方式召开了第七届董事会第三十三次会议,审议通过了《关于江西国恒铁路有限公司之




                                                                                                                 17
                                                                天津国恒铁路控股股份有限公司 2010 年年度报告摘要



股份转让协议》。按照《关于江西国恒铁路有限公司之股份转让协议》,公司拟以人民币叁佰万元整(¥3,000,000.00 元)的价
格收购江西省绿色建材有限公司持有的江西国恒 30%的股权,购买该项股权后公司共持有江西国恒 100%的股权。截至本报告
期,公司持有江西国恒 100%的股权。
公司监事会真诚希望公司进行上述资产交易后,能进一步优化公司资产结构,使公司的经营效益得到切实的提高。
(五)关联交易情况
报告期内,公司无关联交易的行为。



§9 财务报告

9.1 审计意见

财务报告                 是
审计意见                 标准无保留审计意见
审计报告编号             中磊审字[2011]第 0481 号
审计报告标题                                                         审计报告
审计报告收件人           天津国恒铁路控股股份有限公司全体股东
                         我们审计了后附的天津国恒铁路控股股份有限公司(以下简称“国恒铁路”)财务报表,包括 2010
引言段                   年 12 月 31 日的合并及母公司资产负债表,2010 年度的合并及母公司的利润表、现金流量表和股
                         东权益变动表以及财务报表附注。
                         按照企业会计准则的规定编制财务报表是国恒铁路管理层的责任。这种责任包括:(1)设计、实
管理层对财务报表的责任
                         施和维护与财务报表编制相关的内部控制,以使财务报表不存在由于舞弊或错误而导致的重大错

                         报;(2)选择和运用恰当的会计政策;(3)作出合理的会计估计。
                         我们的责任是在实施审计工作的基础上对财务报表发表审计意见。我们按照中国注册会计师审计
                         准则的规定执行了审计工作。中国注册会计师审计准则要求我们遵守职业道德规范,计划和实施
                         审计工作以对财务报表是否不存在重大错报获取合理保证。
                         审计工作涉及实施审计程序,以获取有关财务报表金额和披露的审计证据。选择的审计程序取决
                         于注册会计师的判断,包括对由于舞弊或错误导致的财务报表重大错报风险的评估。在进行风险
注册会计师责任段
                         评估时,我们考虑与财务报表编制相关的内部控制,以设计恰当的审计程序,但目的并非对内部
                         控制的有效性发表意见。审计工作还包括评价管理层选用会计政策的恰当性和作出会计估计的合
                         理性,以及评价财务报表的总体列报。
                         我们相信,我们获取的审计证据是充分、适当的,为发表审计意见提供了基础。


                         我们认为,国恒铁路财务报表已经按照企业会计准则的规定编制,在所有重大方面公允反映了国
审计意见段
                         恒铁路 2010 年 12 月 31 日的财务状况以及 2010 年度的经营成果和现金流量。
非标意见                 不适用
审计机构名称             中磊会计师事务所有限责任公司
审计机构地址             北京市丰台区星火路 1 号昌宁大厦 8 层
审计报告日期             2011 年 04 月 26 日
                                                    注册会计师姓名
熊建辉、李晓敏


9.2 财务报表

9.2.1 资产负债表

编制单位:天津国恒铁路控股股份有限公司                           2010 年 12 月 31 日                     单位:

             项目                              期末余额                                  年初余额




                                                                                                             18
                                                    天津国恒铁路控股股份有限公司 2010 年年度报告摘要



                             合并              母公司                合并               母公司
流动资产:
  货币资金                  980,675,541.89      57,768,132.68     1,472,544,435.18         1,203,985.82
  结算备付金
  拆出资金
  交易性金融资产
  应收票据
  应收账款                  142,615,194.36     104,533,305.10         4,294,610.52
  预付款项                 1,028,749,253.01     92,760,718.57       312,409,759.85            93,982.30
  应收保费
  应收分保账款
  应收分保合同准备金
  应收利息
  应收股利
  其他应收款                144,784,713.61     664,116,930.93        10,935,307.93       738,722,427.64
  买入返售金融资产
  存货                      194,220,324.95      98,386,119.70       128,699,414.10
  一年内到期的非流动资产
  其他流动资产
流动资产合计               2,491,045,027.82   1,017,565,206.98    1,928,883,527.58       740,020,395.76
非流动资产:
  发放委托贷款及垫款
  可供出售金融资产
  持有至到期投资
  长期应收款
  长期股权投资                1,000,000.00    2,571,732,267.90        1,000,000.00     2,381,732,267.90
  投资性房地产              118,759,504.93                           74,992,066.48
  固定资产                  988,342,001.31       3,544,142.85     1,002,636,513.93         2,319,161.48
  在建工程                  678,549,773.40                          384,054,736.72
  工程物资                    9,946,178.38                               58,379.12
  固定资产清理
  生产性生物资产
  油气资产
  无形资产                   63,968,418.88                           67,172,179.97
  开发支出
  商誉                       18,268,211.94                           18,268,211.94
  长期待摊费用
  递延所得税资产              3,687,712.31       2,641,923.23          368,795.41              1,367.50
  其他非流动资产
非流动资产合计             1,882,521,801.15   2,577,918,333.98    1,548,550,883.57     2,384,052,796.88
资产总计                   4,373,566,828.97   3,595,483,540.96    3,477,434,411.15     3,124,073,192.64
流动负债:
  短期借款                  262,000,000.00     170,000,000.00        16,000,000.00



                                                                                                  19
                                                      天津国恒铁路控股股份有限公司 2010 年年度报告摘要



  向中央银行借款
  吸收存款及同业存放
  拆入资金
  交易性金融负债
  应付票据                    400,000,000.00     200,000,000.00
  应付账款                    127,200,206.66      86,184,274.00        19,523,705.48         1,770,000.00
  预收款项                     26,909,898.83                           23,321,388.33
  卖出回购金融资产款
  应付手续费及佣金
  应付职工薪酬                  1,569,355.66         391,464.95         2,269,821.05          609,468.88
  应交税费                     18,829,255.90       8,214,495.53        30,075,780.33        23,199,719.28
  应付利息                        439,157.50         288,811.11
  应付股利
  其他应付款                  296,440,212.49      67,833,341.59       147,333,902.59        37,560,965.14
  应付分保账款
  保险合同准备金
  代理买卖证券款
  代理承销证券款
  一年内到期的非流动负债
  其他流动负债
流动负债合计                 1,133,388,087.04    532,912,387.18       238,524,597.78        63,140,153.30
非流动负债:
  长期借款
  应付债券
  长期应付款
  专项应付款
  预计负债
  递延所得税负债
  其他非流动负债
非流动负债合计
负债合计                     1,133,388,087.04    532,912,387.18       238,524,597.78        63,140,153.30
所有者权益(或股东权益):
  实收资本(或股本)         1,493,771,892.00   1,493,771,892.00    1,244,809,910.00     1,244,809,910.00
  资本公积                   1,276,190,734.67   1,272,098,379.22    1,525,152,716.67     1,521,060,361.22
  减:库存股
  专项储备
  盈余公积                     82,183,922.21      82,183,922.21        82,020,110.77        82,020,110.77
  一般风险准备
  未分配利润                  242,464,337.04     214,516,960.35       239,987,438.76       213,042,657.35
  外币报表折算差额
归属于母公司所有者权益合计   3,094,610,885.92   3,062,571,153.78    3,091,970,176.20     3,060,933,039.34
少数股东权益                  145,567,856.01                          146,939,637.17
所有者权益合计               3,240,178,741.93   3,062,571,153.78    3,238,909,813.37     3,060,933,039.34



                                                                                                    20
                                                               天津国恒铁路控股股份有限公司 2010 年年度报告摘要



负债和所有者权益总计               4,373,566,828.97      3,595,483,540.96        3,477,434,411.15        3,124,073,192.64


9.2.2 利润表

编制单位:天津国恒铁路控股股份有限公司                             2010 年 1-12 月                           单位:元
                                              本期金额                                        上期金额
               项目
                                     合并                 母公司                     合并                 母公司
一、营业总收入                     2,088,224,157.20       970,327,840.23             349,703,481.88       163,295,545.66
其中:营业收入                     2,088,224,157.20       970,327,840.23             349,703,481.88       163,295,545.66
         利息收入
         已赚保费
         手续费及佣金收入
二、营业总成本                     2,090,759,730.27       970,361,143.54             347,540,166.94       163,808,135.52
其中:营业成本                     2,035,666,380.74       942,842,974.08             329,114,396.69       157,430,005.18
         利息支出
         手续费及佣金支出
         退保金
         赔付支出净额
         提取保险合同准备金净

         保单红利支出
         分保费用
         营业税金及附加               4,168,944.41            399,824.40               3,139,370.40            99,714.56
         销售费用                        959,361.50                                     931,714.98
         管理费用                    20,794,071.69          8,714,042.50              11,851,370.07         6,191,883.96
         财务费用                    16,350,301.77          7,842,079.66               2,649,430.12           354,853.42
         资产减值损失                12,820,670.16         10,562,222.90                -146,115.32          -268,321.60
  加:公允价值变动收益(损失
以“-”号填列)
         投资收益(损失以“-”号
                                      4,981,150.95          2,098,910.39
填列)
        其中:对联营企业和合
营企业的投资收益
       汇兑收益(损失以“-”号填
列)
三、营业利润(亏损以“-”号填
                                      2,445,577.88          2,065,607.08               2,163,314.94          -512,589.86
列)
     加:营业外收入                   3,709,545.81                                     4,030,027.19
     减:营业外支出                      807,698.78                                     219,853.26
       其中:非流动资产处置损失
四、利润总额(亏损总额以“-”
                                      5,347,424.91          2,065,607.08               5,973,488.87          -512,589.86
号填列)
     减:所得税费用                   4,319,691.78            427,492.64               1,553,787.77            67,080.40
五、净利润(净亏损以“-”号填
                                      1,027,733.13           1,638,114.44              4,419,701.10          -579,670.26
列)




                                                                                                                    21
                                                               天津国恒铁路控股股份有限公司 2010 年年度报告摘要



       归属于母公司所有者的净
                                      2,640,709.72           1,638,114.44              4,976,874.77         -579,670.26
利润
       少数股东损益                  -1,612,976.59                                      -557,173.67
六、每股收益:
       (一)基本每股收益                    0.002                   0.001                     0.01               -0.001
       (二)稀释每股收益                    0.002                   0.001                     0.01               -0.001
七、其他综合收益                         241,195.43                                   -1,673,732.96
八、综合收益总额                      1,268,928.56           1,638,114.44              2,745,968.14         -579,670.26
    归属于母公司所有者的综
                                      1,027,733.13           1,638,114.44              3,303,141.81         -579,670.26
合收益总额
    归属于少数股东的综合收
                                         241,195.43                                     -557,173.67
益总额
本期发生同一控制下企业合并的,被合并方在合并前实现的净利润为:0.00 元。


9.2.3 现金流量表

编制单位:天津国恒铁路控股股份有限公司                             2010 年 1-12 月                          单位:元
                                              本期金额                                        上期金额
              项目
                                    合并                  母公司                     合并                母公司
一、经营活动产生的现金流量:
       销售商品、提供劳务收到的
                                  2,334,305,593.63       1,006,196,470.70            485,881,681.61      186,176,792.88
现金
    客户存款和同业存放款项
净增加额
       向中央银行借款净增加额
    向其他金融机构拆入资金
净增加额
    收到原保险合同保费取得
的现金
       收到再保险业务现金净额
       保户储金及投资款净增加

       处置交易性金融资产净增
加额
       收取利息、手续费及佣金的
现金
       拆入资金净增加额
       回购业务资金净增加额
       收到的税费返还
    收到其他与经营活动有关
                                  1,194,190,760.76        893,131,436.83             109,864,207.22      215,628,866.76
的现金
         经营活动现金流入小计     3,528,496,354.39       1,899,327,907.53            595,745,888.83      401,805,659.64
       购买商品、接受劳务支付的
                                  2,388,741,548.42       1,026,473,688.73            410,205,262.32      177,123,106.76
现金
       客户贷款及垫款净增加额
    存放中央银行和同业款项
净增加额



                                                                                                                   22
                                                           天津国恒铁路控股股份有限公司 2010 年年度报告摘要



    支付原保险合同赔付款项
的现金
       支付利息、手续费及佣金的
现金
       支付保单红利的现金
    支付给职工以及为职工支
                                    13,567,493.59       2,962,460.56         7,178,599.11         1,865,709.80
付的现金
       支付的各项税费               14,862,187.05       6,907,993.80         5,251,021.37          895,539.77
    支付其他与经营活动有关
                                  1,493,821,503.83    728,355,751.49       112,432,851.92       523,934,618.74
的现金
         经营活动现金流出小计     3,910,992,732.89   1,764,699,894.58      535,067,734.72       703,818,975.07
           经营活动产生的现金
                                  -382,496,378.50     134,628,012.95        60,678,154.11      -302,013,315.43
流量净额
二、投资活动产生的现金流量:
       收回投资收到的现金            4,991,144.00
       取得投资收益收到的现金          459,705.09
    处置固定资产、无形资产和
                                        57,000.00
其他长期资产收回的现金净额
    处置子公司及其他营业单
                                                                              221,231.99           221,231.99
位收到的现金净额
    收到其他与投资活动有关
                                     3,427,271.02
的现金
         投资活动现金流入小计         8,935,120.11                            221,231.99           221,231.99
    购建固定资产、无形资产和
                                   381,074,879.77       1,639,257.00       409,750,467.24         1,396,821.00
其他长期资产支付的现金
       投资支付的现金                4,991,144.00
       质押贷款净增加额
    取得子公司及其他营业单
                                                      265,000,000.00       340,169,197.34     1,773,830,000.00
位支付的现金净额
    支付其他与投资活动有关
                                    66,243,649.37
的现金
         投资活动现金流出小计      452,309,673.14     266,639,257.00       749,919,664.58     1,775,226,821.00
           投资活动产生的现金
                                  -443,374,553.03    -266,639,257.00      -749,698,432.59    -1,775,005,589.01
流量净额
  三、筹资活动产生的现金流
量:
       吸收投资收到的现金                                                2,122,820,000.00     2,122,820,000.00
    其中:子公司吸收少数股东
投资收到的现金
       取得借款收到的现金          292,000,000.00     170,000,000.00
       发行债券收到的现金
    收到其他与筹资活动有关
的现金
         筹资活动现金流入小计      292,000,000.00     170,000,000.00     2,122,820,000.00     2,122,820,000.00
       偿还债务支付的现金           16,000,000.00                           62,170,000.00        45,000,000.00
    分配股利、利润或偿付利息
                                    14,973,441.00       6,970,941.53         5,959,736.49            74,850.00
支付的现金




                                                                                                         23
                                                         天津国恒铁路控股股份有限公司 2010 年年度报告摘要



    其中:子公司支付给少数股
东的股利、利润
    支付其他与筹资活动有关
的现金
         筹资活动现金流出小计       30,973,441.00      6,970,941.53       68,129,736.49        45,074,850.00
           筹资活动产生的现金
                                   261,026,559.00    163,029,058.47    2,054,690,263.51     2,077,745,150.00
流量净额
四、汇率变动对现金及现金等价
物的影响
五、现金及现金等价物净增加额      -564,844,372.53     31,017,814.42    1,365,669,985.03          726,245.56
       加:期初现金及现金等价物
                                  1,469,973,581.98     1,203,985.82      104,303,596.95          477,740.26
余额
六、期末现金及现金等价物余额       905,129,209.45     32,221,800.24    1,469,973,581.98         1,203,985.82




                                                                                                       24
                                                                                                                                               天津国恒铁路控股股份有限公司 2010 年年度报告摘要




9.2.4 合并所有者权益变动表

编制单位:天津国恒铁路控股股份有限公司                                                             2010 年度                                                                      单位:元

                                                              本期金额                                                                                  上年金额

                                                 归属于母公司所有者权益                                                                  归属于母公司所有者权益
                                                                                                       所有者                                                                                       所有者
          项目                                                                               少数股                                                                                      少数股
                           实收资                                                                                  实收资
                                    资本公 减:库 专项储 盈余公 一般风 未分配                          权益合               资本公 减:库 专项储 盈余公 一般风 未分配                               权益合
                           本(或                                                       其他 东权益                本(或                                                          其他 东权益
                                      积        存股   备     积      险准备 利润                        计                   积        存股     备     积      险准备 利润                           计
                           股本)                                                                                  股本)

                           1,244,8 1,525,1                                   239,98           146,93 3,238,9 561,11                                                    235,01            307,44 1,283,2
                                                            82,020,                                                         97,700,                   82,020,
一、上年年末余额           09,910. 52,716.                                  7,438.7          9,637.1 09,813. 6,160.0                                                  0,563.9            8,861.9 95,896.
                                                             110.77                                                         199.63                     110.77
                               00          67                                       6             7           37        0                                                     9                1           30

  加:会计政策变更

  前期差错更正

  其他

                           1,244,8 1,525,1                                   239,98           146,93 3,238,9 561,11                                                    235,01            307,44 1,283,2
                                                            82,020,                                                         97,700,                   82,020,
二、本年年初余额           09,910. 52,716.                                  7,438.7          9,637.1 09,813. 6,160.0                                                  0,563.9            8,861.9 95,896.
                                                             110.77                                                         199.63                     110.77
                               00          67                                       6             7           37        0                                                     9                1           30

                           248,96 -248,96                                                                          683,69 1,427,4                                                        -160,50 1,955,6
三、本年增减变动金额(减                                     163,81         2,476,8          -1,371, 1,268,9                                                          4,976,8
                           1,982.0 1,982.0                                                                         3,750.0 52,517.                                                       9,224.7 13,917.
少以“-”号填列)                                              1.44           98.28           781.16    28.56                                                           74.77
                                0          0                                                                            0          04                                                          4           07

                                                                            2,640,7          -1,612, 1,027,7                                                          4,976,8            -557,17 4,419,7
  (一)净利润
                                                                              09.72           976.59    33.13                                                           74.77                3.67    01.10

                                                                                              241,19 241,19                 -1,673,                                                                 -1,673,
  (二)其他综合收益
                                                                                                5.43     5.43               732.96                                                                  732.96



                                                                                                                                                                                                       25
                                                                                                        天津国恒铁路控股股份有限公司 2010 年年度报告摘要


                                                         2,640,7   -1,371, 1,268,9            -1,673,                        4,976,8       -557,17 2,745,9
     上述(一)和(二)小计
                                                          09.72    781.16   28.56             732.96                           74.77          3.67    68.14

                                                                                     683,69 1,429,1                                        -159,95 1,952,8
     (三)所有者投入和减少
                                                                                     3,750.0 26,250.                                       2,051.0 67,948.
资本
                                                                                          0       00                                            7        93

                                                                                     683,69 1,429,1                                                  2,112,8
       1.所有者投入资本                                                             3,750.0 26,250.                                                 20,000.
                                                                                          0       00                                                     00

       2.股份支付计入所有
者权益的金额

                                                                                                                                           -159,95 -159,95
       3.其他                                                                                                                             2,051.0 2,051.0
                                                                                                                                                7            7

                                                163,81   -163,81
     (四)利润分配
                                                  1.44     1.44

                                                163,81   -163,81
       1.提取盈余公积
                                                  1.44     1.44

       2.提取一般风险准备

       3.对所有者(或股东)
的分配

       4.其他

                               248,96 -248,96
     (五)所有者权益内部结
                              1,982.0 1,982.0

                                    0      0

       1.资本公积转增资本     248,96 -248,96


                                                                                                                                                        26
                                                                                                                                           天津国恒铁路控股股份有限公司 2010 年年度报告摘要


(或股本)                1,982.0 1,982.0
                               0       0

    2.盈余公积转增资本
(或股本)

    3.盈余公积弥补亏损

    4.其他

  (六)专项储备

    1.本期提取

    2.本期使用

  (七)其他

                          1,493,7 1,276,1                                      242,46           145,56 3,240,1 1,244,8 1,525,1                                         239,98            146,93 3,238,9
                                                             82,183,                                                                                 82,020,
四、本期期末余额          71,892. 90,734.                                      4,337.0          7,856.0 78,741. 09,910. 52,716.                                        7,438.7           9,637.1 09,813.
                                                             922.21                                                                                  110.77
                              00      67                                              4                1       93        00     67                                            6                  7     37


9.2.5 母公司所有者权益变动表

编制单位:天津国恒铁路控股股份有限公司                                                                 2010 年度                                                                  单位:元

                                                               本期金额                                                                                上年金额

                          实收资本                                                                                   实收资本
          项目                                  减:库存                           一般风险 未分配利 所有者权                           减:库存                           一般风险 未分配利 所有者权
                           (或股 资本公积                 专项储备 盈余公积                                         (或股 资本公积               专项储备 盈余公积
                                                  股                                 准备      润      益合计                             股                                 准备       润       益合计
                            本)                                                                                       本)

                          1,244,809 1,521,060                          82,020,11            213,042,6 3,060,933 561,116,1 91,934,11                            82,020,11             213,622,3 948,692,7
一、上年年末余额
                            ,910.00   ,361.22                               0.77               57.35       ,039.34      60.00    1.22                               0.77                 27.61       09.60

  加:会计政策变更




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                                                                                                           天津国恒铁路控股股份有限公司 2010 年年度报告摘要


  前期差错更正

  其他

                             1,244,809 1,521,060   82,020,11   213,042,6 3,060,933 561,116,1 91,934,11                   82,020,11         213,622,3 948,692,7
二、本年年初余额
                               ,910.00   ,361.22        0.77       57.35   ,039.34      60.00       1.22                      0.77            27.61      09.60

三、本年增减变动金额(减 248,961,9 -248,961,       163,811.4   1,474,303 1,638,114 683,693,7 1,429,126                                     -579,670. 2,112,240
少以“-”号填列)               82.00    982.00           4          .00       .44      50.00    ,250.00                                         26     ,329.74

                                                               1,638,114 1,638,114                                                         -579,670. -579,670.
  (一)净利润
                                                                     .44       .44                                                               26         26

  (二)其他综合收益

                                                               1,638,114 1,638,114                                                         -579,670. -579,670.
  上述(一)和(二)小计
                                                                     .44       .44                                                               26         26

  (三)所有者投入和减少                                                             683,693,7 1,429,126                                              2,112,820
资本                                                                                    50.00    ,250.00                                                ,000.00

                                                                                     683,693,7 1,429,126                                              2,112,820
       1.所有者投入资本
                                                                                        50.00    ,250.00                                                ,000.00

       2.股份支付计入所有
者权益的金额

       3.其他

                                                   163,811.4   -163,811.
  (四)利润分配
                                                          4          44

                                                   163,811.4   -163,811.
       1.提取盈余公积
                                                          4          44

       2.提取一般风险准备

       3.对所有者(或股东)


                                                                                                                                                           28
                                                                                                         天津国恒铁路控股股份有限公司 2010 年年度报告摘要


的分配

       4.其他

     (五)所有者权益内部结 248,961,9 -248,961,
转                              82.00    982.00

       1.资本公积转增资本 248,961,9 -248,961,
(或股本)                      82.00    982.00

       2.盈余公积转增资本
(或股本)

       3.盈余公积弥补亏损

       4.其他

     (六)专项储备

       1.本期提取

       2.本期使用

     (七)其他

                             1,493,771 1,272,098   82,183,92   214,516,9 3,062,571 1,244,809 1,521,060                 82,020,11         213,042,6 3,060,933
四、本期期末余额
                               ,892.00   ,379.22        2.21       60.35   ,153.78   ,910.00   ,361.22                      0.77            57.35    ,039.34




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                                                              天津国恒铁路控股股份有限公司 2010 年年度报告摘要




9.3 与最近一期年度报告相比,会计政策、会计估计和核算方法发生变化的具体说明

□ 适用 √ 不适用


9.4 重大会计差错的内容、更正金额、原因及其影响

□ 适用 √ 不适用


9.5 与最近一期年度报告相比,合并范围发生变化的具体说明

√ 适用 □ 不适用

1、2010 年 3 月,本公司与自然人廖志刚、熊星亮分别签署了《关于江西通恒实业有限公司之股份转让协议》,分别收购廖志
刚、熊星亮持有的江西通恒实业有限公司 32%股权、28%股权。该公司注册资本为人民币 2,500 万元,本公司持股比例为 60%;
自然人廖志刚持股比例为 40%。
2010 年 4 月,本公司向江西通恒实业有限公司增资 7,500 万元,增资后该公司注册资本变更为人民币 10,000 万元,其中:本
公司出资人民币 9,000 万元,持股比例为 90.00%;自然人廖志刚出资人民币 1,000 万元,持股比例为 10.00%。
2010 年 12 月,本公司与赣商联合股份有限公司署了《关于江西通恒实业有限公司之股权转让协议》,向其转让本公司持有的
江西通恒实业有限公司 90%的股权,协议约定:以 2010 年 9 月 30 日为审计基准日按经审计的净资产进行作价,自审计基准
日起至股权过户日止所形成的损益,全部归受让方赣商联合股份有限公司所有。
本公司本期将江西通恒实业有限公司 4-9 月实现的损益及现金流量纳入合并范围。
2、2010 年 3 月,本公司与江西省绿色建材有限公司共同投资设立江西国恒铁路有限公司,该公司注册资本 1,000 万元,其中:
本公司出资 700 万元,持股比例为 70%;江西省绿色建材有限公司出资 300 万元,持股比例为 30%。2010 年 7 月,本公司收
购江西省绿色建材有限公司持有的江西国恒铁路有限公司 30%股权,收购后本公司持江西国恒铁路有限公司 100%股权;2010
年 9 月 20 日,本公司对江西国恒铁路有限公司增资 9,000 万元,增资后注册资本变更为 10,000 万元。本报告期将江西国恒纳
入合并范围。




                                                                                  天津国恒铁路控股股份有限公司
                                                                                         二〇一一年四月二十六日




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