企业股份有限公司财务报告

万科企业股份有限公司

财务分析报告主讲人：姚杰上市公司代码：000002目录1.公司概况2.单一财务报表分析3.基本财务比率分析4.总结营销0602班姚杰1.ONE2.TWO3.THREE一、公司概况公司简介公司经营范围万科新标志营销0602班姚杰公困司踏简强介深叛万瓶科容成萍立秤于8动4年5月部，婚前凤身效为轨隶字属市于裤深数圳址经折济亚特祸区嫁发院展升公冠司绝的亦全炸民歌所仁有当制歇贸各易各企晚业亭。8株8年1歇2月项公胸司醒经鸭股哀份仿制融改愿组冒，1姜9户9产1年前成肆为牺深剥圳越证盾券妥交穿易婚所盛第汁二嘴家续上珠市心公转司轿，径成认为吵全寨国旗首订批巷上祖市构公明司谦之招一,移9帮3年4月搁向旧境扰外议发犹行4区,政5简0坦0万庙股B股细。冲公遭司压以千中摩国棵大策陆畏市众场望为贞目因标,以正房稿地辱产痒为似核具心航业苍务,涉踩及牲进粉出拿口庭贸零易山及嘱零鸽售艺投支资陵、延工红业们制冷造冤、满娱户乐赤及草广嚷告痛等逢业讽务堵。悲投太资拥重检点鸽主舌要渔集璃中底在达上获海利、界北瓶京弹、圾天夸津存、赖深听圳椅等闷中途国狗区袭域述经采济裁中幅心镇。万晚科2咱0存0毙6年帖末贝总象市步值唯为6阴7散2厉.裳3亿高元狸，枪排半名星深雾交莫所测上缘瑞市临公抱司封第张一君位脉。屯上融市1柳6年逐来术，简万占科抛主深营届业乏务宏收舌入泰复兼合份增轿长称率秩为2搏8者.疑3％裤，食净赖利止润疤复挤合忽增黎长敞率径为3蒜4匙.遇1％食，讨是步上俩市功后拨持变续盛盈赌利调增先长螺年抢限威最摄长胳的浙中穿国翠企房诚业薄。营悲销0钩6忽0功2班仪姚奋杰公暴司不经广营暮范港围兴行办帜实匹业(具肯体抖项尚目健另象行厘申雀报)；国钢内惑商捷业骂；物摔资砍供远销筝业圾（差不偏含弯专纱营套、匠专违控筋、酒专捆卖颂商间品占）毒；印孙刷既、条复记印存、杜广概告禾设涉计妥制过作粱；代扁理豪报央纸邮、蓄电且视费、月广抛播误期翼刊盖广笋告峰业堤务筑；进悟出尸口边业绑务(按锐深言经夺发荐审沟证均第1痰1错3号西外芒贸姻企去业阿审革定忆证毙书尾规以定墙办抚理)。控雪股疑子菊公奸司欣主摊营脸业兆务:房抢地肥产不开锁发卸及需物确业内管悦理针、勺零见售将、猾进以出煌口类业咸务瞧、畜精捎密透礼径品堡制讽作旋、债影田视淹制琴作脱、钉投费资求、凉咨雨询光等产。兴戴办跌实误业(具持体墓项待目晋另打行兴申梨报)；国吴内谁商闻业禽；物叔资狸供急销谈业床（屈不坛含宾专成营藏、朽专伪控封、傲专梨卖刑商蛋品冶）植；印掉刷府、宾复亭印琴、嚷广坚告世设勺计已制合作忍；代揉理蜓报范纸泻、膝电丑视滚、葡广筝播肤期艺刊钉广臂告县业脚务悬；进煎出环口湿业驴务(按坝深印经馒发拌审漆证司第1描1厦3号相外具贸惠企困业调审护定泽证葱书井规扣定粱办捐理)。控上股属子渗公繁司享主熟营异业鸡务:房麦地定产依开平发罩及录物割业苏管遮理策、智零俩售惧、渗进寒出耗口彩业纳务期、唱精米密炕礼浙品倾制域作苹、屋影纵视票制捆作恳、亦投惭资费、绩咨葡询疑等糠。营赌销0紧6顺0师2班驳姚哨杰万原科扔新段商卧标2葡0藏0仅7年1抚0月2忍9日畅，偷万剂科哭新崇标扒志谋正稼式巡寿亮晒相劣。誉由昆四续个湖红滋色V组示合福而世成朝的缓新江标哄，降寓则意讨万韵科辛作眠为座住关宅阵行决业赵坚育定朵的轿实钥践染者棕，艘以南“捕感典恩五”匠的友心孙关胁怀送生浸而脑不而同竞的录人响，皮并蜜致捞力镇于咸实害现际“勇让评建倚筑掩赞伸美旺生盐命险”捡的例理闲想筋。营满销0尼6秆0菜2班油姚妖杰1.ONE2.TWO3.THREE二滔、菠单朽一桑财带务厕报贯表时分乳析资巨产映负善债拢表利喊润隆表现迈金典流胜量厕表营级销0材6誉0赢2班姓姚遭杰资攻产磁负雪债贺表报告期2006-09-302006-06-302006-03-312005-12-31资产流动资产货币资金5,459,989,1783,426,873,3522,879,832,7333,249,034,710短期投资01,009,05400短期投资净额1,009,0541,009,0541,009,0540应收帐款0311,354,4560389,267,545应收账款净额254,405,742294,116,567276,864,252377,307,701其他应收款0850,293,7320739,178,727其他应收款净额663,410,232801,330,377929,774,938704,969,707减:坏帐准备066,201,243046,168,864应收款项净额917,815,9741,095,446,9441,206,639,1911,082,277,408预付帐款2,327,858,3091,653,088,1521,356,274,270702,577,951存货020,346,409,529014,916,108,922减:存货跌价准备063,366,930066,627,815存货净额29,828,830,86020,283,042,59916,633,484,31514,849,481,107待摊费用108,462,73675,500,6464,484,4591,554,913流动资产合计38,643,966,11126,534,960,74622,081,724,02219,884,926,088营忠销0碰6因0孝2班运姚惩杰资惰产御负云债举表长期投资长期股权投资0001,844,129,697长期投资合计01,872,583,92701,945,425,279减:长期投资减值准备0101,895,5820101,295,582长期投资净额3,094,633,4531,770,688,3441,833,400,9071,844,129,697股权投资差额2,556,439,1151,219,071,4251,269,823,6971,308,181,760固定资产固定资产原价633,800,411595,053,289519,148,076388,447,010减:累计折旧242,860,519218,187,398200,043,866171,742,908固定资产净值390,939,892376,865,890319,104,210216,704,103固定资产净额390,939,892376,865,890319,104,210216,704,103在建工程042,702,484019,699,697在建工程净额68,416,63042,702,48424,471,59019,699,697固定资产合计459,356,522419,568,375343,575,800236,403,800无形资产及其他资产长期待摊费用47,153,6292,603,69013,914,33926,932,476无形资产及其他资产合计47,153,6292,603,69013,914,33926,932,476资产总计42,245,109,71428,727,821,15524,272,615,06721,992,392,061营嫂销0系6口0母2班堪姚仍杰资杀产俗负置债袭表负债及股东权益流动负债短期借款5,541,696,0001,992,756,0003,030,000,000900,000,000应付票据10,000,00003,781,9903,781,990应付帐款4,160,907,8833,836,619,0552,969,720,3853,318,835,002预收帐款10,315,163,5834,972,140,3784,747,881,8644,664,152,791应付福利费29,205,75625,746,69422,483,28417,719,177应交税金-515,354,93328,456,399-10,785,23143,491,656其他应交款-16,322,760-1,592,4932,860,961-67,030其他应付款3,151,558,2261,051,251,8761,106,494,0221,210,901,611预提费用30,889,31633,255,81850,152,13937,967,806预计负债25,300,02024,675,96623,889,36223,979,011一年内到期的长期负债2,001,370,0001,597,540,000911,105,000662,980,000流动负债合计24,734,413,09113,560,849,69312,857,583,77710,883,742,014营阶销0匙6裳0巧2班踏姚铲杰资赴产青负族债祥表长期负债长期借款5,660,258,6033,466,928,0511,005,323,9601,194,889,180应付债券00121,645,577884,762,649长期应付款57,003,86457,003,86457,003,864428,573,864其他长期负债18,046,78126,037,56219,125,13219,201,126长期负债合计5,735,309,2483,549,969,4771,203,098,5332,527,426,819递延税项贷项负债合计30,469,722,34017,110,819,17014,060,682,31013,411,168,833少数股东权益1,827,357,5701,214,113,822760,363,412271,620,671股东权益股本3,969,898,7513,969,898,7513,936,964,7413,722,687,670股本净额3,969,898,7513,969,898,7513,936,964,7413,722,687,670资本公积金1,699,025,0831,699,010,2071,615,721,5071,075,553,873盈余公积金2,893,840,4062,893,840,4062,893,840,4062,893,840,406其中:公益金240,245,860240,245,860240,245,860240,245,860未分配利润1,377,424,2351,834,690,3561,002,073,873613,894,468货币换算差额7,841,3305,448,4422,968,8193,626,139股东权益合计9,948,029,80510,402,888,1639,451,569,3468,309,602,557负债及股东权益总计42,245,109,71428,727,821,15524,272,615,06721,992,392,061营黑销0店6赏0老2班棒姚系杰资锯产宗负焦债骡表外分县析由懒上额表士数朵据氧可然发断现芒：流拢动堂资防产繁增阳加光主鼠要轻由货择币幼资甲金消和程存胞货乞净碌额这葱两愤项戚构葬成姥，条说绢明意企亩业还指有质大触量两的交存子货殊未轧售猫出；企屯业总单资宽产气中俘很罩大堆比绿例笋为降流您动挺资纱产，伯说否明坊企命业亚资冒产眠的流谨动涝性屈和封变剑现遇能咽力戒较捷强，售但派过歇高支的得流持动椅资抵产耳比念率罗可迈能会拼影析响放企所业荒整虚体粱的脏盈裁利弹能提力；该龙企纯业球的流傻动保负马债骄占鞋总凭负挂债裁的找较位大区比胜例，取且导流厦动刷负洲债且中多恭数堵为沟短繁期氧借坡款藏和拐预悬收鹿账捡款，牢这或对远于隆企述业葱的凤短俯期项还拦债渴能偿力碌要喘求宁较善高卖，烦企净业走压访力购较晕大趟，狡且庭短锁期笼资弓金兔比焰率锅很绞高咸，梦企糖业出饥现焰财转务拖危供机廊的序可政能尤性五非象常棚大。营病销0铅6耍0下2班材姚津杰利带润多表报告期2006-09-302006-06-302006-03-312005-12-31一、主营业务收入8,460,029,7466,617,683,1962,284,328,90910,558,851,684减：主营业务收入净额8,460,029,7466,617,683,1962,284,328,90910,558,851,684减：主营业务成本5,125,393,9803,963,537,7441,405,011,4016,884,920,656主营业务税金及附加500,434,617390,416,656136,287,466641,346,742二、主营业务利润2,834,201,1492,263,728,796743,030,0433,032,584,286加：其他业务利润13,609,72811,497,0422,602,61712,570,883减：营业费用372,604,298217,775,68095,300,188466,289,324管理费用475,082,485306,965,902111,077,602519,869,226财务费用66,049,25127,954,30611,878,09316,197,148三、营业利润1,934,074,8431,722,529,949527,376,7762,042,799,471加：投资收益32,067,62946,048,57741,732,620-84,428,400营业外收入10,765,6807,992,0422,915,22128,255,030减：营业外支出9,598,5504,210,9502,488,00610,444,440加：营业外收支净额1,167,1303,781,093427,21517,810,590营奸销0雕6纵0鞋2班慰姚骄杰利灭润啦表四、利润总额1,967,309,6011,772,359,619569,536,6111,976,181,661减：所得税603,573,722545,396,590180,479,964542,755,949减：少数股东权益4,721,3006,167,141877,24283,062,895五、净利润1,359,014,5801,220,795,888388,179,4051,350,362,817加：年初未分配利润613,894,468613,894,468613,894,468414,846,412六、可分配利润1,972,909,0481,834,690,3561,002,073,8731,765,209,229减：提取法定盈余公积000135,036,282七、可供股东分配的利润1,972,909,0481,834,690,3561,002,073,8731,630,172,947减：提取任意盈余公积金000675,181,408应付普通股股利595,484,81300341,097,071八、未分配利润1,377,424,2351,834,690,3561,002,073,873613,894,468营斗销0冬6厨0尺2班驱姚晌杰利开润喂表铁分盆析由竹上客表芒数参据逃可原发找现蛮：该司企砌业枣的主暗营钞业鄙务眠收纪入考增毛加团较搜为衣正袜常，范与脖公海司梨资塌产死和闷流此动啄负袍债似的梯增阿加循幅抓度日基督本挑持储平舍；其丈营史业成欣本殖的进增闯加张幅望度也油与逢主环营辅业管务笋收裙入费幅沸度冈接泡近虑，设说开明芦原伸材己料生的慕价拒格精增向加布不难明超显猎；企准业裹随防着申主上营迎业推务雅收爱入俯的朝增西加作，纸期纹间脊费断用隙也忍相条应乖的我有相所局增杀加杠，躲运砍营拜正获常鱼。营缎销0正6药0柱2班烟姚绪杰现研金际流弹量鬼表报告期2006-09-302006-06-302006-03-312005-12-31一、经营活动产生的现金流量销售商品、提供劳务收到的现金11,808,934,5506,764,624,4702,277,030,28512,669,088,677收取的租金20,100,76014,673,3296,023,85331,170,255收到的其他与经营活动有关的现金726,287,810936,195,840263,113,402128,679,650经营活动现金流入小计12,555,323,1217,715,493,6402,546,167,54012,828,938,582购买商品接受劳务支付的现金11,910,322,7657,360,868,0052,973,522,4388,411,005,630经营租赁所支付的现金16,924,25612,620,3423,931,61617,084,655支付给职工以及为职工支付的现金460,680,258344,152,661200,258,949452,287,228支付的各项税费1,704,418,816987,817,064382,592,2431,329,180,409支付的其他与经营活动有关的现金2,766,245,8752,208,774,323708,738,5561,775,941,526经营活动现金流出小计16,858,591,97010,914,232,3964,269,043,80211,985,499,447经营活动产生的现金流量净额-4,303,268,849-3,198,738,756-1,722,876,262843,439,135营铜销0赚6真0样2班旦姚裕杰现博金虾流与量桂表二、投资活动产生的现金流量收回投资所收到的现金302,203,839302,537,718219,765,74498,717,571分得股利或利润所收到的现金677,6008,8008,80020,455,000取得债券利息收入所收到的现金----7,506,72763,929,154处置固定无形和长期资产收回的现金829,803753,709173,68310,184,689投资活动现金流入小计338,499,120323,629,441227,454,954193,286,415购建固定无形和长期资产支付的现金89,909,98844,438,5869,682,27047,439,552权益性投资所支付的现金1,211,267,691756,376,357713,204,318523,604,081投资所支付的现金1,211,267,691756,376,357713,204,318523,604,081投资活动现金流出小计1,301,177,679800,814,942722,886,588571,043,633投资活动产生的现金流量净额-962,678,559-477,185,502-495,431,633-377,757,219营横销0悼6痛0韵2班笑姚闭杰现愁金承流恋量抛表三、筹资活动产生的现金流量吸收权益性投资所收到的现金950,209,423536,296,233106,249,3019,000,000借款所收到的现金9,937,923,6725,330,804,4312,536,386,2152,551,425,705筹资活动现金流入小计10,888,133,0955,867,100,6642,642,635,5152,560,425,705偿还债务所支付的现金2,649,678,2491,830,159,560751,326,4352,313,450,000分配股利或利润所支付的现金564,800,5796,872,200--391,097,071偿付利息所支付的现金200,967,582178,128,30841,545,842209,200,573筹资活动现金流出小计3,415,446,4102,015,160,067792,872,2762,913,747,644筹资活动产生的现金流量净额7,472,686,6853,851,940,5971,849,763,239-353,321,939四、汇率变动对现金的影响4,215,1901,822,303-657,3214,675,212五、现金及现金等价物净增加额2,210,954,467177,838,642-369,201,977117,035,189营厨销0狐6运0戚2班产姚友杰现身金册流捡量冷表拜分崇析由居上仿表毁数漂据讯可截发嫂现柳：该叉企扔业灯的由抚经抱营皂活字动斑产关生的老现吗金统流罚量请净扬额炎和投敏资骗活雅动夜产惜生的洗现圣金束流稀量神净好额都谱为怖负垮数，敞这恋说票明妖企沃业请的狂经鹅营模活谅动河和竭投塘资弹活猎动兄都总存畏在都相番应或的掘问封题杜，扮产译生奇这约一帖现录象德的灾原暮因名具局体始还秧需榴从照其各详深细盏的梯财篇务恢报贵告真中共分眠析谊得沃出侧；而恐企圣业假的斯现非金岛流汁量主退要府是浴由暂筹抢集邻资灶金集所眉得到鸣，慌且曲其蜻中借颗款抱所逃得胞到扑的标现孩金伟占妥了粱绝译大企多香数，窑这唤表史明坡企弹业丈在蒸这定个伤会好计末期乎间瘦内疏的谜经卷营姐活志动宵存榨在顾很膝大馒问稍题颂，侍企绍业血的娘偿陷债法压丙力烟巨卧大窃，泰要波支汽付限大骄量印的筹利熄息晓。营长销0颈6刷0磁2班画姚哲杰三层、骗基姻本随财奴务参比绝率挽分总析1.ONE2.TWO3.THREE4.FOUR偿青债与能爱力获包利吗能悄力运穴营北能撒力成沃长呈能密力营榴销0泪6短0兽2班密姚填杰偿约债走能和力营淡销0液6未0狠2班肢姚卧杰偿谣债世能岩力营尊销0回6恭0倡2班津姚侦杰偿翅债置能萍力兄分眼析1.ONE2.TWO流慌动持比伸率失呈恋逐肿年初上僵升阵趋沸势习，插说敌明练企刃业辣的顽短谢期情偿取债伤能扭力追较阶强巴，兰但泡也乏有路超搏过2抓0袋0摆%的柴年们份暖，饶可躺能跌存师在资伪金年不汪合蚂理训占猴用闲的矩问为题。3.THREE但伶是英速谎动揪比驴率乘低趁于1田0呜0踢%，扑说艰明垫企饮业膏在穴流拖动管资略产辰中肃，存辅货走占振较载大给的疯比执重，丙这陶也日表继明偶企嫁业安的俭存冻货规量汤过军大亭可狸能规会倾阻移碍贞企被业蓝的纸发款展舰，凯由乘数敬据维分盯析寸企葬业椒的冬偿殊债述能李力不宏太酸乐梢观。该屈企美业到近放几念年咳的屋资事产皂负立债秤率洲的哑水表平街基肤本维君持胞在5吊5界%以吼上，碌这西说岁明煎企伟业激在0肉2年棵以咏后处筹筒集惠大庸量哄的轿资例金谨，答借肤以匙填界补邻公血司芳在旺主馅营涨业趟务拾上准的瞎缺原口沉，财尘务把风俭险气很喇大。营休销0吵6蓝0混2班逼姚剧杰运菌营哀能已力营蹲销0恶6拢0秘2班受姚袄杰运葵营印能坦力营雅销0字6鸭0近2班煌姚致杰运依营阵能扶力靠分冻析1.ONE2.TWO因泉该碎企记业宿的胡行乏业肾特滩殊学性概，划其帐存奇货父周材转吩天滋数胳和判经递营徐周妻期献都驻较路长延，揉资喝产欧营括运型能狡力冻相挣对认较全低妥。自0调4年佩起肿，稍该掩企辆业适总歇资漆产蚂周僚转童率赠和竟净拔资处产殊周告转捐率殃各墙分屈别灾降耳低窑和窜升声高兽，杜这仗表塞明狗其阔营宝运欲能贤力补正悼在厉下炒降酷，狭应静引葡起盆公昏司秤管课理模层捏的鸡高障度习重立视既。营特销0犹6梢0食2班纯姚烟杰盈聋利狗能亏力营畅销0产6牺0秀2班妖姚病杰盈验利谦能蓝力营记销0奸6植0盯2班挖姚些杰盈锁利唱能汁力碌分兆析1.ONE2.TWO从0伍4年琴起莫，复企迹业查的遭毛独利饭率虚始疼终灵维纳持在3全0词%以饿上，躬且棋逐泼年屈增痒加接，兼这辱表续明幸万颈科遇经摆营壤的嫁房蓬地谎产脉业瞎的直塑接伤盈邪利衣能烫力鸽很掀强，杠这惜也萍符承合房野价拐不轮断漆持仪续祸上趁涨都的现嫁实招。该贩企拖业鱼的旬净途资碧产军收佩益让率今始重终揉在1吉0安%以汪上，送甚味至高猜达1氏5旨%以雹上，阅说济明妨投指资京者糠投该入藏该拌企卧业逐的外权霞益疾资橡本获较取牛收肤益美的巴能寇力土较浇大，冶能吸跪引较辜多布投盾资纠者宗的投虽资，素这被也怎是困它是能浴筹咏集谅较哪大群资种金绘的电原傻因索之仁一妇。营蕉销0蚀6监0腾2班告姚庸杰成性长比能铸力营辉销0绳6替0捞2班学姚榜杰成搏长悔能奶力营值销0劳6哑0馋2班超姚托杰成驼长没能处力党分踩析1.ONE2.TWO该宜企谢业0旷6年鉴的炊总辩资改产惕增功长付率高府达1授2唉0呼%多出，桑说齿明敢其魂在0汗6年匹一爸年峡内下企烤业资疼产乖规拣模芹扩姓张玻速摄度死非映常高快，寒但漏又没姥有熟达董到预园期粱的效扛益，坦所求以吵