宁沪高速(600377)公告正文

江苏宁沪高速公路股份有限公司2005年第一季度报告

公告日期:2005-04-25


                江苏宁沪高速公路股份有限公司2005年第一季度报告

    1 重要提示
    1.1 本公司董事会及其董事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。
    1.2 独立董事张永珍、方铿因工作原因未能出席会议,委托独立董事杨雄胜代为表决。
    1.3 本季度报告按照中国证监会关于上市公司季度报告信息披露的有关规定编制。本公告将在香港和国内同步刊登。本季度报告所载的所有财务资料乃根据中国会计准则编制,本公司股东及公众投资者在买卖股份时,请注意投资风险。
    1.4 公司第一季度财务报告未经审计,经本公司审计委员会审阅。
    1.5 公司董事长沈长全先生,总经理谢家全先生,财务部经理刘伟女士声明:保证季度报告中财务报告的真实、完整。
    2 公司基本情况简介
    2.1 公司基本信息
A股              宁沪高速      股票代码                            600377
H股              江苏宁沪      股票代码                              0177
ADR               JEXWW        股票代码                         477373104
                      董事会秘书                             证券事务代表
姓名                    姚永嘉                                 江涛、楼庆
联系地址                  南京市石鼓路69号江苏交通大厦
电话                8625-8446 9332        8625-8420 0999-4706、4716
传真                              8625-8446 6643
电子信箱                      nhgs@jsexpressway.com
    2.2 财务资料
    2.2.1 主要会计数据及财务指标
    单位:人民币元
                                                         本报告期末比上年
                           本报告期末         上年度期末
                                                         度期末增减(%)
总资产                   21,970,947,402   20,638,701,012             6.46
股东权益(不含少数股东权
                         14,117,461,324   14,666,085,009            -3.74
益)
每股净资产               2.802                     2.911            -3.74
调整后的每股净资产       2.802                     2.911            -3.74
                                                         本报告期比上年同
                            报告期        年初至报告期末
                                                              期增减(%)
经营活动产生的现金流量净
                             354,926,808.00    354,926,808.00      -42.86

每股收益                               0.036             0.036     -49.90
净资产收益率(%)                        1.29              1.29      -46.91
扣除非经常性损益后的净资
                                       1.30              1.30      -53.41
产收益率(%)
              非经常性损益项目                                       金额
股权投资差额摊销                                               -3,054,051
营业外收支                                                      1,605,636
所得税影响数                                                     -529,860
合计                                                           -1,978,275
    2.2.2 利润表
    单位:人民币元
                                          本期数(1—3月)
项目
                            合并                                   母公司
一、主营业务收入         545,776,808                          411,599,662
减:主营业务成本          189,067,138                         156,318,365
主营业务税金及附加        28,874,498                           21,385,432
二、主营业务利润          327,835,172                         233,895,865
加:其他业务利润             -83,567                                   -
减:管理费用               49,278,354                          44,594,892
财务费用                  27,319,236                           27,810,178
三、营业利润              251,154,015                         161,490,795
加:投资收益              23,985,706                           73,139,125
补贴收入                           -                                  -
营业外收入                 2,887,928                            2,426,287
减:营业外支出              1,282,292                             474,017
四、利润总额             276,745,357                          236,582,190
减:所得税                 85,561,475                          54,732,487
少数股东损益               9,334,179                                   -
加:未确认投资损失                 -                                  -
五、净利润               181,849,703                          181,849,703

                         上年同期数(1—3月)
项目
                         合并                                      母公司
一、主营业务收入      978,203,948                             821,784,988
减:主营业务成本      287,128,393                             242,951,204
主营业务税金及附加     49,985,466                              42,169,588
二、主营业务利润      641,090,089                             536,664,196
加:其他业务利润        1,456,630                                      -
减:管理费用           43,446,460                              39,225,629
财务费用                5,093,837                               5,669,682
三、营业利润          594,006,422                             491,768,885
加:投资收益           25,717,825                              83,818,313
补贴收入                       -                                      -
营业外收入              2,114,475                               2,114,425
减:营业外支出         52,842,325                              52,574,967
四、利润总额          568,996,397                             525,126,656
减:所得税            195,991,582                             162,131,753
少数股东损益           10,286,028                                      -
加:未确认投资损失        276,116                                      -
五、净利润            362,994,903                             362,994,903
    2.3 报告期末股东总数及前十名流通股股东持股表
    单位:股
                                      截至2005年3月31日,列于本公司股
                                      东名册上的境内外股东共计32689户。
报告期末股东总数
                                      其中境内股东31,747户,外资股股东942
                                      户。
                     前十名流通股股东持股情况
股东名称                                 期末持有流通股的数量        种类
Sumitomo Life Insurance Company               97,760,000             H股
JP Morgan Chase&Co.                          108,148,500            H股
UBS AG                                        75,734,000             H股
银河证券有限责任公司                          17,511,666             A股
中国工商银行-诺安平衡证券投资基金            12,271,191             A股
Winner Glory Development Ltd                  12,000,000             H股
中国工商银行-东吴嘉禾优势精选混合型开
                                               4,959,366             A股
放式证券投资基金
景福证券投资基金                               3,568,647             A股
中国银行-嘉实服务增值行业证券投资基金         2,567,352             A股
中国工商银行-中银国际中国精选混合型开
                                               2,404,794             A股
放式证券投资基金
    3 管理层讨论与分析
    3.1 公司报告期内经营活动总体状况的简要分析
    2005年一季度,虽然中国及江苏省经济持续向好,但由于继续受到沪宁高速公路扩建工程全线实施货车分流和局部路段实行交通管制的影响,本集团经营业绩比去年同期出现较大幅度下降。按照中国会计准则,2005年1-3月份本集团实现营业收入约人民币550,661千元,比去年同期下降43.86%,实现净利润约为人民币181,850千元,每股收益人民币0.036元,比去年同期下降49.90%。
    沪宁高速公路货车分流对通行费收入仍有较大影响,报告期内,沪宁高速公路日均通行费收入约为人民币3,173.4千元,比去年同期下降56.92%。
    沪宁高速公路货车分流和工程施工对与其相连接的锡澄高速公路和苏嘉杭高速公路也造成一定影响,报告期内,锡澄高速公路和苏嘉杭高速公路日均车流量分别比去年同期下降5.88%、15.78%,日均收费额分别比去年同期下降22.39%、11.10%。
    除此之外,本集团所辖宁沪二级公路、宁连公路、广靖高速公路及江阴长江公路大桥在报告期内均经营稳定,运行正常。
    2005年一季度各路桥项目日均车流量及日均收费额数据:
路桥项目             日均车流量  比去年同期   日均收费额       比去年同期
                     (辆/日)    增长(%) (千元/日)       增长(%)
沪宁高速公路江苏段     22,355         -38.59     3,173.4          -56.92
宁沪二级公路江苏段     39,260          15.88       711.6            33.51
宁连公路南京段         12,420           9.44       221.5            15.79
广靖高速公路           33,008          17.71       612.8             8.50
锡澄高速公路           24,522          -5.88       731.2          -22.39
江阴长江公路大桥       34,784          14.20     1,931.3             6.50
苏嘉杭高速公路         14,041         -15.78     1,268.6          -11.10
    截至2005年3月31日,本集团总资产为人民币21,970,947千元,少数股东权益人民币407,366千元,股东权益人民币14,117,461千元。报告期内,增加流动负债人民币1,170,895千元,增加长期负债716,073千元,负债总额为人民币7,446,120千元,资产负债率为33.89%,比报告期初有所上升,但仍处于合理的水平,集团总体财务状况良好。
    扩建工程进展
    报告期内,沪宁高速公路扩建工程克服了冬季气温低、现场施工交叉点多、交通组织难度大、技术方案复杂等不利因素,工程建设按计划顺利进行。一季度累计完成投资11.41亿元,路面工程快速推进,新增南幅完工路面31公里,交通工程和房建工程已全面展开,沿线各服务区改扩建工程也在加快进行。
    截至2005年3月31日,扩建工程已累计完成总投资55.15亿元,完成南幅四车道路面拼接总里程161公里。
    根据工程建设计划,至2005年6月30日,将完成南幅剩余路面工程,确保南幅路面全线贯通,积极开展北幅路面施工,全面推进互通枢纽、交通工程、景观绿化和沿线设施建设,各服务区将基本完成主体工程,部分将开放营业。
    宁沪二级公路拓宽改造工程按计划顺利推进,一季度本公司拨付工程建设资金人民币1.5亿元,累计已拨付人民币19亿元。
    3.1.1 占主营收入或主营业务利润总额10%以上的主营行业或产品情况
    √适用  □不适用
    单位:人民币元
分行业                       主营业务收入      主营业务成本     毛利率(%)
沪宁高速公路                  288,779,707       74,105,819          74.34
广靖锡澄高速公路              122,301,445       20,779,651          83.01
    3.1.2 公司经营的季节性或周期性特征
    □适用  √不适用
    3.1.3 报告期利润构成情况
    √适用  □不适用
    单位:人民币元
项目             2005年1-3月    占利润总额    2004年1-3月        增减变化
                                   比例(%)                      幅度(%)
主营业务利润     327,835,172        118.46    641,090,089          -48.86
其他业务利润         -83,567         -0.03      1,456,630              -
期间费用         -76,597,590        -27.68    -48,540,297           57.80
投资收益          23,985,706          8.67     25,717,825           -6.74
补贴收入                  -            -              -              -
营业外收支净额     1,605,636          0.58    -50,727,850               -
利润总额         276,745,357        100.00    568,996,397          -51.36
变动说明:
    1、报告期内主营业务利润下降的主要原因是沪宁高速公路扩建货车分流而导致的。
    2、报告期内期间费用的上升主要是财务费用的增加而导致的。报告期内发生财务费用27,320千元,比去年同期5,094千元上升22,226千元。
    3、报告期内营业外收支净额的同比变化幅度较大,主要原因是去年同期提取了50,000千元的固定资产减值准备。
    3.1.4 主营业务及其结构与前一报告期相比发生重大变化的情况及原因说明
    □适用  √不适用
    3.1.5 主营业务盈利能力(毛利率)与前一报告期相比发生重大变化的情况及其原因说明
    □适用  √不适用
    3.2 重大事项及其影响和解决方案的分析说明
    √适用  □不适用
    收费标准调整
    根据交通部、国家发展和改革委员会《印发关于降低车辆通行费收费标准的意见的通知》,交通部《关于发布交通行业标准收费公路车辆通行费车型分类的通知》,及江苏省政府《关于调整全省公路车辆通行费征收政策的通知》,本公司经营、控股或参股的各条公路及桥梁,自2005年1月10日起调整高速公路车辆通行费标准,自2005年1月20日起调整开放式收费公路车辆通行费标准。
    此次调整后的车型类别由原来的6类改为5类,车型划分标准也有所改动。收费标准在2003年12月28日起实施的货车计重收费标准和2004年1月1日起实施的客车收费标准的基础上调整。由于调整后重型车辆的费率有所下降,对通行费收入有轻微负面影响。
    3.3 会计政策、会计估计、合并范围变化以及重大会计差错的情况及原因说明
    □适用  √不适用
    3.4 经审计且被出具"非标意见"情况下董事会和监事会出具的相关说明
    □适用  √不适用
    3.5 预测年初至下一报告期期末的累计净利润可能为亏损或者与上年同期相比发生大幅度变动的警示及原因说明
    □适用  √不适用
    3.6 公司对已披露的年度经营计划或预算的滚动调整情况
    □适用  √不适用
    江苏宁沪高速公路股份有限公司
    法定代表人:沈长全
    2005年4月22日
    4 附录
    资产负债表
    2005年3月31日
    单位:人民币元
                                                                   期末数
项目
                                                                     合并
资产
流动资产:
货币资金                                                      820,410,921
短期投资                                                       30,000,000
应收股利
应收利息                                                          211,040
应收账款                                                       22,271,139
其他应收款                                                     85,021,371
预付账款                                                       17,520,636
存货                                                            5,903,690
一年内到期的
                                                               15,000,000
长期债权投资
流动资产合计                                                  996,338,797
长期投资
长期股权投资                                                1,593,443,344
长期债权投资
长期投资合计                                                1,593,443,344
固定资产:
固定资产原价                                               12,881,933,649
减:累计折旧                                                 2,439,680,958
固定资产净值                                               10,442,252,691
减:固定资产
减值准备
固定资产净额                                               10,442,252,691
工程物资                                                      109,218,762
在建工程                                                    5,531,493,071
固定资产合计                                               16,082,964,524
无形资产及其
他资产
无形资产                                                    1,396,423,653
长期待摊费用                                                    1,777,084
其他长期资产                                                1,900,000,000
无形资产及其                                                3,298,200,737
他资产合计
资产总计                                                   21,970,947,402
负债及股东权

流动负债:
短期借款                                                    2,300,000,000
应付账款                                                      329,303,382
预收账款                                                       13,674,347
应付工资                                                       10,359,342
应付福利费                                                     19,263,895
应付股利                                                      755,613,506
应交税金                                                      127,514,868
其他应付款                                                     89,641,198
预提费用
一年内到期的
                                                                6,813,262
长期负债
流动负债合计                                                3,652,183,800
长期负债
长期借款                                                    3,793,936,456
长期负债合计                                                3,793,936,456
负债合计                                                    7,446,120,256
少数股东权益                                                  407,365,822
股东权益:
股本                                                        5,037,747,500
资本公积                                                    7,488,194,416
盈余公积                                                      925,544,505
其中:公益金                                                  308,514,834
未确认投资损

未分配利润                                                    665,974,903
资产负债表日
后决议分配的
现金股利
股东权益合计                                               14,117,461,324
负债及股东权
                                                           21,970,947,402
益总计

                                                                   期末数
项目
                                                                   母公司
资产
流动资产:
货币资金                                                      630,291,296
短期投资
应收股利                                                       92,687,233
应收利息                                                          211,040
应收账款                                                        3,289,968
其他应收款                                                     89,984,439
预付账款                                                          431,768
存货                                                            2,912,465
一年内到期的
长期债权投资
流动资产合计                                                  819,808,209
长期投资
长期股权投资                                                3,881,158,433
长期债权投资
长期投资合计                                                3,881,158,433
固定资产:
固定资产原价                                               10,229,553,737
减:累计折旧                                                 2,140,603,305
固定资产净值                                                8,088,950,432
减:固定资产
减值准备
固定资产净额                                                8,088,950,432
工程物资                                                      109,218,762
在建工程                                                    5,515,693,668
固定资产合计                                               13,713,862,862
无形资产及其
他资产
无形资产                                                    1,385,705,874
长期待摊费用
其他长期资产                                                1,900,000,000
无形资产及其                                                3,285,705,874
他资产合计
资产总计                                                   21,700,535,378
负债及股东权

流动负债:
短期借款                                                    2,500,000,000
应付账款                                                      323,940,081
预收账款                                                        1,021,988
应付工资                                                       10,359,342
应付福利费                                                     14,655,076
应付股利                                                      740,182,755
应交税金                                                      110,811,040
其他应付款                                                     78,390,119
预提费用
一年内到期的
                                                                6,813,262
长期负债
流动负债合计                                                3,786,173,663
长期负债
长期借款                                                    3,793,936,456
长期负债合计                                                3,793,936,456
负债合计                                                    7,580,110,119
少数股东权益
股东权益:
股本                                                        5,037,747,500
资本公积                                                    7,488,194,416
盈余公积                                                      830,230,202
其中:公益金                                                  276,743,401
未确认投资损

未分配利润                                                    764,253,141
资产负债表日
后决议分配的
现金股利
股东权益合计                                               14,120,425,259
负债及股东权
                                                           21,700,535,378
益总计

                                                                   期初数
项目
                                                                     合并
资产
流动资产:
货币资金                                                      524,774,481
短期投资
应收股利
应收利息                                                          405,440
应收账款                                                       15,843,717
其他应收款                                                     39,031,352
预付账款                                                       20,422,888
存货                                                            6,408,573
一年内到期的
                                                               15,000,000
长期债权投资
流动资产合计                                                  621,886,451
长期投资
长期股权投资                                                1,568,230,714
长期债权投资
长期投资合计                                                1,568,230,714
固定资产:
固定资产原价                                               12,864,447,028
减:累计折旧                                                 2,325,063,294
固定资产净值                                               10,539,383,734
减:固定资产
减值准备
固定资产净额                                               10,539,383,734
工程物资                                                      114,037,781
在建工程                                                    4,630,430,383
固定资产合计                                               15,283,851,898
无形资产及其
他资产
无形资产                                                    1,412,599,448
长期待摊费用                                                    2,132,501
其他长期资产                                                1,750,000,000
无形资产及其                                                3,164,731,949
他资产合计
资产总计                                                   20,638,701,012
负债及股东权

流动负债:
短期借款                                                    1,950,000,000
应付账款                                                      303,413,526
预收账款                                                        3,769,626
应付工资                                                       13,549,342
应付福利费                                                     19,905,504
应付股利                                                        9,709,367
应交税金                                                       66,614,310
其他应付款                                                    107,513,784
预提费用
一年内到期的
                                                                6,813,262
长期负债
流动负债合计                                                2,481,288,721
长期负债
长期借款                                                    3,077,863,348
长期负债合计                                                3,077,863,348
负债合计                                                    5,559,152,069
少数股东权益                                                  413,463,934
股东权益:
股本                                                        5,037,747,500
资本公积                                                    7,488,194,416
盈余公积                                                      925,544,505
其中:公益金                                                  308,514,834
未确认投资损

未分配利润                                                    484,125,200
资产负债表日
后决议分配的                                                  730,473,388
现金股利
股东权益合计                                               14,666,085,009
负债及股东权
                                                           20,638,701,012
益总计

                                                                   期初数
项目
                                                                   母公司
资产
流动资产:
货币资金                                                      382,704,360
短期投资
应收股利
应收利息                                                          211,040
应收账款                                                        3,019,974
其他应收款                                                     37,451,190
预付账款                                                        9,172,797
存货                                                            3,465,281
一年内到期的
长期债权投资
流动资产合计                                                  436,024,642
长期投资
长期股权投资                                                3,900,206,541
长期债权投资
长期投资合计                                                3,900,206,541
固定资产:
固定资产原价                                               10,210,093,783
减:累计折旧                                                 2,045,636,098
固定资产净值                                                8,164,457,685
减:固定资产
减值准备
固定资产净额                                                8,164,457,685
工程物资                                                      114,037,781
在建工程                                                    4,615,718,503
固定资产合计                                               12,894,213,969
无形资产及其
他资产
无形资产                                                    1,401,826,706
长期待摊费用
其他长期资产                                                1,750,000,000
无形资产及其                                                3,151,826,706
他资产合计
资产总计                                                   20,382,271,858
负债及股东权

流动负债:
短期借款                                                    2,150,000,000
应付账款                                                      296,441,924
预收账款                                                        1,341,111
应付工资                                                       10,359,342
应付福利费                                                     14,700,093
应付股利                                                        9,709,367
应交税金                                                       54,289,060
其他应付款                                                     91,705,407
预提费用
一年内到期的
                                                                6,813,262
长期负债
流动负债合计                                                2,635,359,566
长期负债
长期借款                                                    3,077,863,348
长期负债合计                                                3,077,863,348
负债合计                                                    5,713,222,914
少数股东权益
股东权益:
股本                                                        5,037,747,500
资本公积                                                    7,488,194,416
盈余公积                                                      830,230,202
其中:公益金                                                  276,743,401
未确认投资损

未分配利润                                                    582,403,438
资产负债表日
后决议分配的                                                  730,473,388
现金股利
股东权益合计                                               14,669,048,944
负债及股东权
                                                           20,382,271,858
益总计
    现金流量表
    2005年1—3月
    单位:人民币元
项目                                                                 合并
经营活动产生的现金流量:
销售商品、提供劳务收到的现金                                  507,346,440
收到的其他与经营活动有关的现金                                  2,313,574
现金流入小计                                                  509,660,014
购买商品、接受劳务支付的现金                                   52,038,361
支付给职工以及为职工支付的现金                                 32,942,212
支付的各项税费                                                 53,502,291
支付的其他与经营活动有关的现金                                 16,250,342
现金流出小计                                                  154,733,206
经营活动产生的现金流量净额                                    354,926,808
投资活动产生的现金流量:
收回投资所收到的现金
取得投资收益所收到的现金
处置固定资产、无形资产和其他长期资产
而收回的现金净额
收到的其他与投资活动有关的现金                                  1,241,671
现金流入小计                                                    1,241,671
购建固定资产、无形资产和其他长期资产
                                                            1,067,044,239
所支付的现金
投资所支付的现金                                                1,000,000
购买子公司支付的现金
支付的其他与投资活动有关的现金
现金流出小计                                                1,068,044,239
投资活动产生的现金流量净额                                 -1,066,802,568
筹资活动产生的现金流量:
吸收投资所收到的现金
其中:子公司吸收少数股东权益性质投资
所收到的现金
取得借款所收到的现金                                        2,170,000,000
收到的其他与筹资活动有关的现金
现金流入小计                                                2,170,000,000
偿还债务所支付的现金                                        1,103,926,892
分配股利、利润和偿付利息所支付的现金                           28,560,908
其中:子公司支付少数股东的股利
支付的其他与筹资活动有关的现金
现金流出小计                                                1,132,487,800
筹资活动产生的现金流量净额                                  1,037,512,200
汇率变动对现金的影响
现金及现金等价物净增加额                                      325,636,440
补充资料
1.将净利润调节为经营活动的现金流量
净利润                                                        181,849,703
加:少数股东损益                                                9,334,179
未确认的投资损失
计提的资产减值准备
固定资产折旧                                                  116,858,272
无形资产摊销                                                   15,892,290
长期待摊费用摊销                                                  355,417
待摊费用的减少(减:增加)
处置固定资产、无形资产和其他长期资产
的损失(减:收益)
固定资产报废损失(减:收益)
财务费用(减:收入)                                             28,069,966
投资损失(减:收益)                                            -23,985,706
递延税款贷项(减:借项)
存货的减少(减:增加)                                              504,883
经营性应收项目的减少(减:增加)                                -42,512,720
经营性应付项目的增加(减:减少)                                 68,560,524
经营活动产生的现金流量净额                                    354,926,808
2.不涉及现金收支的投资和筹资活动
债务转为资本
一年内到期的可转换公司债券
融资租入固定资产
3.现金及现金等价物净减少情况:
现金的年末余额                                                820,410,921
减:现金的年初余额                                            524,774,481
现金等价物的年末余额                                           30,000,000
减:现金等价物的年初余额
现金及现金等价物净减少额                                      325,636,440

项目                                                               母公司
经营活动产生的现金流量:
销售商品、提供劳务收到的现金                                  358,477,297
收到的其他与经营活动有关的现金                                  1,818,895
现金流入小计                                                  360,296,192
购买商品、接受劳务支付的现金                                   41,542,436
支付给职工以及为职工支付的现金                                 28,100,670
支付的各项税费                                                 19,818,229
支付的其他与经营活动有关的现金                                 14,703,193
现金流出小计                                                  104,164,528
经营活动产生的现金流量净额                                    256,131,664
投资活动产生的现金流量:
收回投资所收到的现金
取得投资收益所收到的现金
处置固定资产、无形资产和其他长期资产
而收回的现金净额
收到的其他与投资活动有关的现金                                    750,730
现金流入小计                                                      750,730
购建固定资产、无形资产和其他长期资产
                                                            1,046,307,658
所支付的现金
投资所支付的现金                                                  500,000
购买子公司支付的现金
支付的其他与投资活动有关的现金
现金流出小计                                                1,046,807,658
投资活动产生的现金流量净额                                 -1,046,056,928
筹资活动产生的现金流量:
吸收投资所收到的现金
其中:子公司吸收少数股东权益性质投资
所收到的现金
取得借款所收到的现金                                        2,170,000,000
收到的其他与筹资活动有关的现金
现金流入小计                                                2,170,000,000
偿还债务所支付的现金                                        1,103,926,892
分配股利、利润和偿付利息所支付的现金                           28,560,908
其中:子公司支付少数股东的股利
支付的其他与筹资活动有关的现金
现金流出小计                                                1,132,487,800
筹资活动产生的现金流量净额                                  1,037,512,200
汇率变动对现金的影响
现金及现金等价物净增加额                                      247,586,936
补充资料
1.将净利润调节为经营活动的现金流量
净利润                                                        181,849,703
加:少数股东损益
未确认的投资损失
计提的资产减值准备
固定资产折旧                                                   95,483,202
无形资产摊销                                                   15,892,290
长期待摊费用摊销
待摊费用的减少(减:增加)
处置固定资产、无形资产和其他长期资产
的损失(减:收益)
固定资产报废损失(减:收益)
财务费用(减:收入)                                             28,560,908
投资损失(减:收益)                                            -73,139,125
递延税款贷项(减:借项)
存货的减少(减:增加)                                              552,816
经营性应收项目的减少(减:增加)                                -53,122,365
经营性应付项目的增加(减:减少)                                 60,054,235
经营活动产生的现金流量净额                                    256,131,664
2.不涉及现金收支的投资和筹资活动
债务转为资本
一年内到期的可转换公司债券
融资租入固定资产
3.现金及现金等价物净减少情况:
现金的年末余额                                                630,291,296
减:现金的年初余额                                            382,704,360
现金等价物的年末余额
减:现金等价物的年初余额
现金及现金等价物净减少额                                      247,586,936