审计报告英文版

1、AUDITORSREPORTYueHuaShen/YanZi(2014)No.0002ICPAfilingnumber:020201401000420Toallshareholdersof*Co.,Ltd:Wehaveauditedtheaccompanyingfinancialstatementso*f*Co.,Ltd(“YourCompany”),whichcomprisethebalancesheetasof31December2013,theincomestatement,statementofchangesinownersequityandcashflowstatementforth

2、eyearthenended,andnotestothefinancialstatements.I. ManagementsresponsibilityforthefinancialstatementsManagementofyourCompanyisresponsibleforthepreparationandfairpresentationoffinancialstatements.Thisresponsibilityincludes:(1)inaccordancewiththeAccountingStandardsforBusinessEnterprisesanditsrelevantp

3、rovisions,preparingthefinancialstatementsandreflectingfairpresentation;(2)designing,implementingandmaintainingthenecessaryinternalcontrolinordertofreefinancialstatementsfrommaterialmisstatement,whetherduetofraudorerror.II. AuditorsresponsibilityOurresponsibilityistoexpressanopiniononthesefinancialst

4、atementsbasedonouraudit.WeconductedourauditinaccordancewithChineseCertifiedPublicAccountantsAuditingStandards.Thosestandardsrequirethatwecomplywithethicalrequirementsandplanandperformtheaudittoobtainreasonableassurancewhetherthefinancialstatementsarefreefrommaterialmisstatement.Anauditinvolvesperfor

5、mingprocedurestoobtainauditevidenceabouttheamountsanddisclosuresinthefinancialstatements.Theproceduresselecteddependontheauditorsjudgment,includingtheassessmentoftherisksofmaterialmisstatementofthefinancialstatements,whetherduetofraudorerror.Inmakingthoseriskassessments,weconsidertheinternalcontrolr

6、elevanttothepreparationandfairpresentationofthefinancialstatementsinordertodesignauditproceduresthatareappropriateinthecircumstances,butnotforthepurposeofexpressinganopinionontheeffectivenessoftheinternalcontrol.Anauditalsoincludesevaluatingtheappropriatenessofaccountingpoliciesusedandthereasonablen

7、essofaccountingestimatesmadebymanagement,aswellasevaluatingtheoverallpresentationofthefinancialstatements.Webelievethattheauditevidencewehaveobtainedissufficientandappropriatetoprovideabasisforourauditopinion.III. OpinionInouropinion,thefinancialstatementsofyourCompanyhavebeenpreparedinaccordancewit

8、htheAccountingStandardsforBusinessEnterpriseanditsrelevantprovisionsinallmaterialrespect,andpresentfairlythefinancialpositionofyourCompanyasof31December2013,andtheresultsofitsoperationsandcashflowsfortheyearthenended.GuangdongHuaxinAccountingFirm(generalpartner)Guangdong,ChinaChineseCertifiedPublicA

9、ccountant:ChineseCertifiedPublicAccountant:January3,2014BALANCESHEETASOF31DECEMBER2013Unit:RMBYuanCompany:*Co.,LtdAssetEndingbalaneeBeginningBalaneeLiabilitiesandallpartiesequity(orshareholdersequity)EndingbalaneeBeginningBalaneeCurrentAssets:Currentliabilities:MonetaryfundsShort-termborrowingsTrans

10、actionfinancialassetTransactionfinancialliabilitiesNotesreceivableNotespayableAccountreceivableAccountpayableAccountpaidinadvaneeAccountreceivedinadvaneeInterestreceivableEmployeescompensatiorpayableDividendreceivableTaxpayableOtheraccountreceivableInterestpayableInventoriesDividendpayableNon-curren

11、tassetsdueOtheraccountpayablewithin1yearOthercurrentassets-Non-currentliabilitiesduewithin1yearTotalcurrentassets-OthercurrentliabilitiesNon-currentassets:Totalcurrentliabilities-AvailableforsalefinancialNon-currentliabilities:assetsMaturityinvestmentsLong-termborrowingsLong-termaccountBondspayabler

12、eceivablesLong-termequityLong-termaccountinvestmentpayableInvestingpropertySpecialpayablesFixedassetAccruedliabilitiesProjectinconstructionDeferredtaxliabilitiesEngineeringmaterialOthernon-currentliabilitiesFixedassetdisposalTotalnon-current-liabilitiesProductionbiologicalassetsTotalliabilitiesOilan

13、dgasassetsOwnerequity(orshareholdersequity)IntangibleassetsPaid-incapital(orsharecapital)DevelopmentexpenseCapitalsurplus-GoodwillLess:TreasuryStockLong-termexpensetobeapportionedEarnedsurplusDeferredtaxassetsRetainedearnings-Othernon-currentassetsTotalownersequity(orshareholdersequity)-Totalnon-cur

14、rentassets-TotalassetsTotalliabilitiesandownersequity(orshareholdersequity)Preparedby:Auditedby:FinanceManager:CompanyLeader:INCOMESTATEMENTFORTHEYEARENDED31DECEMBER2013Unit:RMBYuanCompany:*Co.,LtdItemsCumulativeamountinthisyearAmountinlastyearI.OperatingincomeMinus:OperatingcostTaxesandassociatecha

15、rgesSellinganddistributionexpensesAdministrativeexpenses-Financialexpense-AssetimpairmentlossPlus:gainfromchangeinfairvalue(losswit)Gainfrominvestment(losswith-Including:incomeforminvestmentonaffiliatedenterpriseandjointenterpriseII.Operatingprofit(losswith)-Plus:non-businessincome-Less:non-business

16、expenseIncluding:lossfromnon-currentassetdisposalIII.Totalprofit(losswith-)-Less:IncometaxIV.Netprofit(losswith-)-V.EarningspersharePreparedby:Auditedby:FinanceManager:CompanyLeader:(I)basicearningspershare(II)dilutedearningspershareVI.OthercomprehensiveearningsVII.Totalcomprehensiveearnings-CASHFLO

17、WSTATEMENTFORTHEYEARENDED31DECEMBER2013Unit:RMBYuanCompany:*Co.,LtdItemsTimesAmountinthisyearCumulativeamountinlastyear1.Cashflowsarisingfromoperatingactivities:0Cashreceivedfromsalesofgoodsorrendingo1servicesRefundoftaxandfarereceived2Othercashreceivedrelatingtooperating3activitiesSub-totalofcashin

18、flows4Cashpaidforgoodsandservices5Cashpaidtoandonbehalfofemployees6Taxandfarepaid7Othercashpaidrelatingtooperatingactivities8Sub-totalofcashoutflows9Netcashflowfromoperatingactivities102.Cashflowsarisingfrominvestmentactivities0Cashreceivedfromreturnofinvestments11Cashreceivedfrominvestmentincome12N

19、etcashreceivedfromdisposaloffixedassets,intangibleassetsandotherIong-termassets13Netcashreceivedfromdisposalofsubsidiariesandotherbusinessunits14Othercashreceivedrelatingtoinvestmentactivities15Sub-totalofcashinflows16Cashpaidforacquiringfixedassets,intangibleassetsandotherIong-termassets17Cashpaidf

20、oracquiringinvestments18Netcashreceivedfromsubsidiariesandotherbusinessunits19Othercashpaidrelatingtoinvestmentactivities20Sub-totalofcashoutflows21Netcashflowfrominvestingactivities223.Cashflowsarisingfromfinancingactivities:0Cashreceivedfromabsorbinginvestment23Cashreceivedfromborrowings24Othercas

21、hrelatingtofinancingactivities25Sub-totalofcashinflows26Cashpaidforsettlingdebt27Cashpaidfordistributionofdividendsorprofitorreimbursinginterest28Othercashpaymentsrelatingtofinancingactivities29Sub-totalofcashoutflows30Netcashflowfromfinancingactivities314.Influeneeoncashduetofluctuationinexchangera

22、te345.Netincreaseincashandcashequivalents35Add:Balaneeofcashandcashequivalentsattbeginningoftheyearh366.Balaneeofcashandcashequivalentsatthe(oftheyear悶Supplementaryinformation:0Attachedprojectofcashflowstatement01.Netprofitisadjustedtocashflowofoperatingactivities0Netprofit38Impairmentofassets39Fixe

23、dassetdepreciation,depletionofoilandgaassetsanddepreciationofproductivebiologicalassetss40Amortizationofintangibleassets41AmortizationofIong-termprepaidexpenses42Treatmentoflossesoffixedassets,intangibleassetsandotherIong-termassets43Lossonretirementoffixedassets44Lossofchangesinfairvalue45Financeco

24、sts46Investmentlosses47Decreaseindeferredincometaxassets48Increaseindeferredincometaxliabilities49Decreaseininventories50Decreaseinoperatingreceivables51Increaseinoperatingpayables52Others53Netcashflowfromoperatingactivities542.Investingandfinancingactivitiesnotrelatingtocash0Debtintocapital55Conver

25、tibledebtduewithinoneyear56Financeleasedfixedassets573.Netincreaseincashandcashequivalents0Balaneeofcashattheendofthisperiod58Less:balaneeofcashatthebeginningofthisperiod59Add:balanceofcashequivalentsattheendofthisperiod60Less:balaneeofcashequivalentsatthebeginnofthisperiodngiNetincreaseincashandcas

26、hequivalents62Preparedby:Auditedby:FinanceManager:CompanyLeader:STATEMENTOFCHANGESINOWNERSEQUITYFORTHEYEARENDED31DECEMBER2013Company:*Co.,LtdItemsAmountinthisyearAmountinlastyearPaid-uCapitalEarnedRetainTotalPaid-CapitEarnRetaiTotalpsurplussurplusedownersupalednedowncapitalearninequitycapitsurplsurp

27、learniersgsalususngsequityI.balaneeattheendoflastyearAdd:ehangeofaeeountingpolicyCorreetionoferrorsinpreviousperiodII.BalaneeatthebeginningofthisyearIII.Increase/deereaseofamountinthisyear(-”meansdeerease)(I)Netprofit-(II)Gainsandlossesdireetlyineludedintheownersequity1.Netehangeamountinfairvalueoff

28、inaneialassetsavailableforsale2.Influeneeofehangesinotherownersequityofinvestorsundertheequitymethod3.Influeneeofincometaxrelatingtotheownersequityproject4.OthersSubtotalof(I)and(II)(III)Inputanreducedcapitalofowners1.Inputcapitalofowners-2.Amountofsharesincludedintheownersequity3.Others-(IV)Profitd

29、istribution-1.Withdrawingearnedsurplus2.Distributiontoallowners(orshareholders)3.Others-(V)Internalcarryingforwardofownersequity1.Capitalsurplustransfertopaid-incapital(orshare、*capital)2.Earnedsurplustransferstopaid-incapital(orsharecapital)3.Earnedsurplusmakesuplosses4.OthersIV.Balanceattheendofth

30、isperiod*CO.,LTDLegalrepresentative:Personinchargeofaccounting:Leaderofaccountingdepartment:NOTESTOTHEFINANCIALSTATEMENTSFORTHEYEARENDEDDECEMBER31,2013(AllamountsinRMBYuan)CompanyProfile*Co.,Ltd.(hereinafterreferredtoastheCompany)isalimitedliabilitycompany(Sino-foreignjointventure)jointlyinvestedand

31、establishedby*Co.,Ltd.and*Limitedon24June2013.OnDecember26,2013,theshareholdershavebeenchangedto*CO.,LTDand*LIMITED.BusinessLicenseofEnterpriseLegalPersonLicenseNo.:LegalRepresentative:RegisteredCapital:RMB(Paid-inCapital:RMB)Address:BusinessScope:Financingandleasingbusiness;leasingbusiness;purchase

32、ofleasedpropertyfromhomeandabroad;residuevaluetreatmentandmaintenanceofleasedproperty;consultingandguaranteesofleasetransaction(articlesinvolvedintheindustrylicensemanagementwouldbedealtintermsofnationalrelevantstipulations)DeclarationonfollowingAccountingStandardforBusinessEnterprisesThefinancialst

33、atementsmadebytheCompanyareinaccordancewiththerequirementsofAccountingStandardforBusinessEnterprises,whichreflectsthefinancialposition,financialperformanceandcashflowoftheCompanytrulyandcompletely.I. BasicofpreparationoffinancialstatementsTheCompanyimplementstheAccountingStandardsforBusinessEnterpri

34、seFsin(anceandAccounting2006No.3”)issuedbytheMinistryofFinanceonFebruary15,2006andthesuccessiveregulations.TheCompanypreparesitsfinancialstatementsonagoingconcernbasis,andrecognizesandmeasuresitsaccountingitemsincompliancewiththeAccountingStandardsforBusinessEnterprises-BasicStandardsandotherrelevan

35、taccountingstandards,applicationguidelinesandcriteriaforinterpretationofprovisionsaswellasthesignificantaccountingpoliciesandaccountingestimatesonthebasisofactualtransactionsandevents.II. Themainaccountingpolicies,accountingestimatesandchangesFiscalyearTheCompanyadoptsthecalendaryearasitsfiscalyearf

36、romJanuary1toDecember31.FunctionalcurrencyRMBwasthefunctionalcurrencyoftheCompany.AccountingmeasurementattributeTheCompanyadoptstheaccrualbasisforaccountingtreatmentsanddouble-entrybookkeepingofborrowingforfinancialaccounting.Thehistoricalcostisgenerallyasthemeasurementattribute,andwhenaccountingele

37、mentsdeterminedareinlinewiththerequirementsofAccountingStandardsforEnterprisesandcanbereliablymeasured,thereplacementcost,netrealizablevalueandfairvaluecanbeusedformeasurement.AccountingmethodofforeigncurrencytransactionsTheCompanysforeigncurrencytransactionsadoptapproximatespotexchangerateofthetran

38、sactiondatetoconvertintoRMBinaccordancewithsystematicandrationalmethod;onthebalancesheetdate,theforeigncurrencymonetaryitemsusethespotexchangerateofthebalaneesheetdate.Allbalancesofexchangearisingfromdifferencesbetweenthebalaneesheetdatespotexchangerateandtheinitialrecognitionortheformerbalaneesheet

39、datespotexchangerate,exceptthattheexchangegainsandlossesarisingbyborrowingforeigncurrencyfortheconstructionorproductionofassetseligibleforcapitalizationaretransactedinaccordaneewithcapitalizationprinciples,areincludedinprofitorlossinthisperiod;theforeigncurrencynon-monetaryitemsmeasuredathistoricalc

40、ostwillstillbeconvertedwiththespotexchangerateofthetransactiondate.ThestandardforrecognizingcashequivalentWhenmakingthecashflowstatement,cashonhandanddepositsreadilytobepaidwillberecognizedascash,andshort-term(usuallynomorethanthreemonths),highlyliquidandreadilyconvertibletoknownamountsofcashwithins

41、ignificantriskofchangesinvaluearerecognizedascashequivalent.FinancialInstrumentsClassification,recognitionandmeasurementoffinancialassets-Thecompanyatthetimeofinitialrecognitionoffinancialassetsdividesitintothefollowingfourcategories:financialassetsmeasuredatfairvaluewithchangesincludedintheprofitor

42、lossofthisperiod,loansandreceivables,financialassetsavailableforsaleandheld-to-maturityinvestments.Financialassetsaremeasuredatfairvaluewheninitiallyrecognized.Relevanttransactioncostsoffinancialassetsmeasuredatfairvaluewithchangesincludedintheprofitorlossofthisperiodarerecognizedinprofitorlossofthi

43、speriod,andrelevanttransactioncostsofothercategoriesoffinancialassetsarerecognizedintheamountinitiallyrecognized.-Financialassetsmeasuredatfairvaluewithchangesincludedintheprofitorlossofthisperiodrefertotheshort-termsalesfinancialassets,includingfinancialassetsheldfortradingorfinancialassetsmeasured

44、atfairvaluewithchangesincludedintheprofitorlossofthisperioddesignateduponinitialrecognitionbythemanagement.Financialassetsmeasuredatfairvaluewithchangesincludedintheprofitorlossofthisperiodaresubsequentlymeasuredatfairvalue,andtheinterestorcashdividendsobtainedduringtheholdingperiodwillberecognizeda

45、sinvestmentincome,andthegainsorlossesofthechangeinfairvalueattheendofthisperiodarerecognizedintheprofitorlossinthisperiod.Whenitisdisposed,thedifferencebetweenthefairvalueandtheinitialrecordedamountisrecognizedasinvestmentincome,whileadjustinggainsfromchangesinthefairvalue.-Loansandreceivables:theno

46、n-derivativefinancialassetswithoutthepriceinanactivemarketandwithfixedanddeterminablerecoverycostareclassifiedasloansandreceivables.Loansandreceivablesadopttheeffectiveinterestmethodandtakeamortizedcostforsubsequentmeasurement,andgainsorlossesarisingfromderecognition,impairmentoramortizationareinclu

47、dedintheprofitorlossofthisperiod.-Financialassetsavailableforsale:includingnon-derivativefinancialassetsavailableforsalerecognizedinitiallyandothernon-derivativefinancialassetsexceptforloansandreceivables,held-to-maturityinvestmentsandtradingfinancialassets.Financialassetsavailableforsalearesubseque

48、ntlymeasuredatfairvalue,andinterestorcashdividendsobtainedduringtheholdingperiodwillberecognizedasinvestmentincome,andgainsorlossesarisingfromthechangesinfairvalueattheendofthisperiodarerecognizeddirectlyinownersequityuntilthefinancialassetisderecognizedorimpairedandthenisrecognizedastheprofitorloss

49、inthisperiod.-Held-to-maturityinvestments:thenon-derivativefinancialassetswithclearintentionandabilitytoholdtomaturitybythemanagementofthecompany,afixedmaturitydateandfixedordeterminablepaymentsareclassifiedasheld-to-maturityinvestments.Held-to-maturityinvestmentsadopttheeffectiveinterestmethodandta

50、keamortizedcostforsubsequentmeasurement,andgainsorlossesarisingfromderecognition,impairmentoramortizationareincludedintheprofitorlossofthisperiod.Classification,recognitionandmeasurementoffinancialliabilities-Thecompanyatthetimeofinitialrecognitionoffinancialliabilitiesdividesitintothefollowingtwoca

51、tegories:financialliabilitiesmeasuredatfairvaluewithchangesincludedintheprofitorlossofthisperiodandotherfinancialliabilities.Financialliabilitiesaremeasuredatfairvaluewheninitiallyrecognized.Relevanttransactioncostsoffinancialliabilitiesmeasuredatfairvaluewithchangesincludedintheprofitorlossofthispe

52、riodarerecognizedinprofitorlossofthisperiod,andrelevanttransactioncostsofotherfinancialliabilitiesarerecognizedintheamountinitiallyrecognized.-Financialliabilitiesmeasuredatfairvaluewithchangesincludedintheprofitorlossofthisperiodincludethetradingfinancialliabilitiesandfinancialliabilitiesmeasuredat

53、fairvaluewithchangesincludedintheprofitorlossofthisperioddesignateduponinitialrecognition.Financialliabilitiesaresubsequentlymeasuredatfairvalue,andthegainsorlossesofthechangeinfairvaluearerecognizedintheprofitorlossinthisperiod.-Otherfinancialliabilities:adoptingtheeffectiveinterestmethodandtakingamortizedcostforsubsequentmeasurement.Thegainsorlossesarisingfromderecognitionoramortizationisinc