6-kAnnouncement

1934 ACT FILE NO. 001-15264


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________

FORM 6-K
___________________

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of October 2007.
___________________

Aluminum Corporation of China Limited
(Translation of Registrant's name into English)
___________________

No. 62 North Xizhimen Street
Haidian District, Beijing
People's Republic of China 100082

(Address of principal executive offices)
___________________

         [Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.]

Form 20-F      X       Form 40-F               

         [Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]

Yes                No      X      

         [If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-              ]


SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Aluminum Corporation of China Limited                         (Registrant)

 

Date  October 30, 2007       

 

By                 /s/    Liu Qiang                     
Name: Liu Qiang
Title: Company Secretary


Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.


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Aluminum Corporation of China Limited*
(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2600)

OVERSEAS REGULATORY ANNOUNCEMENT

2007 THIRD QUARTERLY REPORT

This announcement is made pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

1.

IMPORTANT NOTICE

 

 

 

1.1

It is hereby confirmed by the Board of Directors (the "Board"), the Board of Supervisors and the directors, supervisors and senior management of Aluminum Corporation of China Limited (the "Company") that this quarterly report contains no false representation, misleading information or material omission. The Board of the Company jointly and severally accepts full responsibility for the truthfulness, accuracy and completeness of the contents of this quarterly report.

 

 

 

 

1.2

All members of the Board attended the board meeting.

 

 

 

 

1.3

The financial report of the Company in this quarterly report has not been audited.

 

 

 

 

1.4

Mr. Xiao Yaqing, Head of the Company, Mr. Chen Jihua, Chief Financial Officer, and Ou Xiaowu, Head of the Accounting Department have declared that they guarantee the truthfulness and completeness of the financial statements in this quarterly report.

 

 

 

2.

COMPANY PROFILE

 

 

 

2.1

Principal financial data and indicators

 

 

 

 

 

Currency: RMB

 

 

 

 

 

 

 

 

Change as

 

 

 

 

 

of 30

 

 

 

 

 

September

 

 

 

 

 

2007 as

 

 

 

As at 30

As at 31

compared with

 

 

 

September

December

31 December

 

 

 

2007

2006

2006

 

 

 

 

 

(%)

 

 

 

 

 

 

Total assets (RMB)

96,160,172,806.68

78,004,316,031.13

23.28

 

 

Shareholders' equity (excluding

 

 

 

 

 

   minority interests) (RMB)

59,191,188,708.77

44,224,737,104.23

33.84

 

 

Net assets per share (RMB)

4.59

3.80

20.79

 

 

 

 

 

 

 

 

 

 

 

Change as

 

 

 

 

 

compared with

 

 

 

 

1 January

the same

 

 

 

 

2007 to 30

period of

 

 

 

 

September 2007

2006

 

 

 

 

 

(%)

 

 

 

 

 

 

 

 

Net cash flow from operating

 

 

 

 

 

   activities (RMB)

 

7,848,658,957.78

 

 

 

Net cash flow from operating

 

 

 

 

 

   activities per share (RMB)

 

0.61

 

 

 

 

 

 

 

 

 

 

 

 

Change in the

 

 

 

 

 

reporting period

 

 

 

 

 

as compared

 

 

 

The reporting period

1 January

with the

 

 

 

(1 July 2007 to

2007 to 30

same period

 

 

 

30 September 2007)

September 2007

of 2006

 

 

 

 

 

(%)

 

 

 

 

 

 

 

 

Net profit (RMB)

2,043,234,624.79

8,439,874,041.64

 

 

 

Basic earnings per share (RMB)

0.16

0.68

 

 

 

Net profit per Share after deducting

 

 

 

 

 

   extraordinary items (RMB)

-

0.68

-

 

 

Diluted earnings per share (RMB)

0.16

0.68

 

 

 

Return on net assets (%)

3.89

16.06

 

 

 

Return on net assets after deducting

 

 

 

 

 

   extraordinary items (%)

3.91

16.10

 

 

 

 

 

 

 

 

2.2

Number of shareholders and the top ten shareholders of circulating shares not subject to trading moratorium as at the end of the reporting period

 

 

 

 

 

Unit: Share

 

 

 

 

 

Total number of shareholders

 

 

   as at 30 September 2007

 

 

 

 

 

Particulars about the top ten shareholders of circulating shares not subject to trading moratorium

 

 

 

 

 

 

Number of

 

 

 

 

 

circulating shares

 

 

 

 

 

not subject to

 

 

 

 

Name of

trading moratorium

 

 

 

 

shareholders

held as at

 

 

 

 

(in full):

30 September 2007

 

Class of share

 

 

 

 

 

 

 

 

Hong Kong Securites Clearing

 

 

 

 

 

   Company Limited

3,940,703,767

 

Overseas listed foreign shares

 

 

Bank of China

 

 

 

 

 

   - Harvest Shanghai

 

 

 

 

 

   Shenzhen 300 Index

 

 

 

 

 

   Securities Investment Fund

10,283,903

 

RMB denominated ordinary shares

 

 

Industrial and Commercial

 

 

 

 

 

    Bank of China

 

 

 

 

 

   - UBS SDIC Core

 

 

 

 

 

   Enterprise Equity Securities

 

 

 

 

 

   Investment Fund

8,516,480

 

RMB denominated ordinary shares

 

 

China Construction Bank

 

 

 

 

 

   - Bosera Yufu Securities

 

 

 

 

 

   Investment Fund

8,243,860

 

RMB denominated ordinary shares

 

 

Shanxi Aluminum Plant

7,140,254

 

RMB denominated ordinary shares

 

 

China Construction Bank

 

 

 

 

 

    First state Cinda Leading

 

 

 

 

 

   Growth Equity Investment Fund

6,062,028

 

RMB denominated ordinary shares

 

 

Industrial and Commercial

 

 

 

 

 

   Bank of China

 

 

 

 

 

   - Shanghai 50 ETF Securities

 

 

 

 

 

   Investment Fund

5,715,050

 

RMB denominated ordinary shares

 

 

Shanxi Haixin Industrial Co., Ltd.

5,414,723

 

RMB denominated ordinary shares

 

 

China Merchants Bank

 

 

 

 

 

   - Huafu Growth Trend

 

 

 

 

 

   Equity Securities Investment Fund

4,000,000

 

RMB denominated ordinary shares

 

 

Agricultural Bank of China

 

 

 

 

 

   - China Post Growth Equity

 

 

 

 

 

   Securities Investment Fund

3,716,252

 

RMB denominated ordinary shares

 

 

 

 

 

 

3.

SIGNIFICANT EVENTS

 

 

 

3.1

Material changes in major accounting items and financial indicators and the reasons therefor

 

 

 

 

 

 

Applicable

Not Applicable

 

3.2

Significant events and their effect and analysis on solutions

 

 

 

 

 

 

Applicable

Not Applicable

 

3.3

Implementation of undertakings by the Company, its shareholders and de facto controller

 

 

 

 

 

Applicable

 

Not Applicable

 

 

The Company is conducting the merger of Baotou Aluminum by way of share swap to implement the undertaking by the controlling shareholder for the purpose of resolving competition issue and the injection of quality assets into the Company.

 

 

 

 

3.4

Warning on any potential loss in accumulated net profit for the period from the beginning of the year to the end of next reporting period or any material change from the corresponding period of last year and the reason thereof

 

 

 

 

 

 

Applicable

Not Applicable

 

3.5

Other significant events necessary for explanation

 

 

 

 

 

3.5.1

Shares of other listed companies held by the Company

 

 

 

 

 

 

 

Applicable

 

Not Applicable

 

 

 

 

 

 

Number of

Percentage

Initial

 

 

 

 

 

 

 

shares held

to its equity

investment

 

 

 

 

No.

Stock code

Name

(shares)

interest

cost

      Ledger

 

 

 

 

 

 

 

(%)

(RMB)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

000612

Jiaozuo Wanfang

139,151,100

29

247,454,107.08

      Long-term

 

 

 

 

 

 

shares

 

 

         equity investment

 

 

 

Total

 

 

-

-

247,454,107.08

 

 

 

 

 

 

 

 

 

 

 

 

 

3.5.2

Shares of other non-listed financial companies and companies to be listed held by the Company

 

 

 

 

 

 

 

 

Applicable

Not Applicable

 

 

Aluminium Corporation of China Limited

 

 

Legal representative: Xiao Yaqing

 

 

 

4

Appendix:

 

 

 

Consolidated Balance Sheet

 

As at 30 September 2007

 

 

 

Prepared by: Aluminium Corporation of China Limited

 

 

 

Unit: RMB, Unaudited

 

 

 

Items

Closing balance

Opening balance

 

 

 

 

 

Current assets:

 

 

 

Bank balance and cash

13,712,077,185.79

12,802,775,323.59

 

Clearing provision

 

 

 

Interbank lending

 

 

 

Trading financial assets

27,024,072.95

 

 

Notes receivable

1,998,221,806.18

1,569,730,430.99

 

Accounts receivable

1,334,464,915.47

456,432,263.72

 

Prepayments

1,520,021,244.55

1,072,102,884.93

 

Premiums receivable

 

 

 

Reinsurance accounts receivable

 

 

 

Reinsurance contracts

 

 

 

   provision receivable

 

 

 

Interest receivable

42,862.58

 

 

Dividend receivable

 

23,672,680.88

 

Other receivables

450,301,475.56

468,534,720.49

 

Purchases of resold financial assets

 

 

 

Inventory

11,568,522,826.04

9,036,381,191.49

 

Non-current assets due

 

 

 

   within one year

18,000,000.00

 

 

Other current assets

224,699,934.97

110,943,759.59

 

 



 

 

 

 

 

Total current assets

30,853,376,324.09

25,540,573,255.68

 

 



 

 

 

 

 

Non-current assets:

 

 

 

Loans and advances

 

 

 

Financial assets available for sale

25,625,597.02

18,182,000.00

 

Held-to-maturity investment

 

 

 

Long-term receivables

 

 

 

Long-term investment in equity

1,155,355,250.59

1,849,019,705.13

 

Investment properties

 

 

 

Fixed assets

45,822,115,441.35

44,127,378,172.26

 

Construction in progress

10,897,883,149.51

4,162,982,718.77

 

Construction materials

287,850,580.88

249,063,122.29

 

Disposals of fixed assets

 

 

 

Biological assets for production

 

 

 

Fuel assets

 

 

 

Intangible assets

1,107,812,145.36

1,056,180,360.99

 

Development expenditure

 

 

 

Goodwill

4,897,092,276.53

406,686,943.00

 

Long-term deferred expenses

171,532,774.61

187,333,822.01

 

Deferred income tax assets

709,529,266.74

406,915,931.00

 

Other non-current assets

232,000,000.00

 

 

Total non-current assets

65,306,796,482.59

52,463,742,775.45

 

 



 

 

 

 

 

Total assets

96,160,172,806.68

78,004,316,031.13

 

 



 

 

 

 

 

Current liabilities:

 

 

 

Short-term borrowings

2,677,806,192.42

2,762,040,000.00

 

Borrowing from PBOC

 

 

 

Customer and interbank deposits

 

 

 

Interbank borrowing

 

 

 

Trading of financial liabilities

 

5,702,686.00

 

Notes payable

33,160,000.00

48,010,000.00

 

Account payables

4,524,396,895.12

4,947,837,877.47

 

Payments received in advance

1,536,053,743.65

1,207,445,277.62

 

Sales of repurchased financial assets

 

 

 

Fees and commissions payable

 

 

 

Staff remuneration payables

265,579,408.90

1,220,816,670.29

 

Taxes payable

1,610,470,934.08

2,178,033,921.56

 

Interest payable

 

 

 

Dividend payable

5,980,135.74

40,808,396.83

 

Other payables

1,506,099,376.66

1,620,159,114.61

 

Reinsurance accounts payable

 

 

 

Insurance contract reserve

 

 

 

Payment for agent of trading securities

 

 

 

Payment for agent of

 

 

 

   underwriting securities

 

 

 

Non-current liabilities due

 

 

 

   within one year

1,834,698,400.00

2,350,818,197.50

 

Other current liabilities

5,644,411,839.41

5,149,276,752.98

 

 



 

 

 

 

 

Total current liabilities

19,638,656,925.98

21,530,948,894.86

 

 



 

 

 

 

 

Non-current liabilities:

 

 

 

Long-term borrowing

11,539,923,200.00

8,480,736,481.25

 

Bonds payable

2,006,145,000.00

 

 

Long-term payables

 

 

 

Special payables

102,976,758.00

 

 

Accrued Liabilities

 

 

 

Deferred income tax liabilities

179,109,019.85

197,069,934.00

 

Other non-current liabilities

37,205,100.00

29,632,100.00

 

Total non-current liabilities

13,865,359,077.85

8,707,438,515.25

 

 



 

 

 

 

 

Total liabilities

33,504,016,003.83

30,238,387,410.11

 

 



 

 

 

 

 

Owner's equity

 

 

 

   (or shareholders' equity):

 

 

 

Paid-up capital (or share capital)

12,886,607,892.00

11,649,876,153.00

 

Capital reserve

16,774,333,463.56

10,009,225,494.58

 

Less: Treasury stock

 

 

 

Surplus reserve

4,635,696,425.85

4,635,695,425.71

 

Preparations for general risks

 

 

 

Undistributed profit

24,894,550,927.36

17,929,940,030.94

 

Difference from translation of

 

 

 

   foreign currency statement

 

 

 

Total equity attributable

 

 

 

   to the equity holders

 

 

 

   of the Company

59,191,188,708.77

44,224,737,104.23

 

Minority interests

3,464,968,094.08

3,541,191,516.79

 

Total owner's equity

62,656,156,802.85

47,765,928,621.02

 

 



 

 

 

 

 

Total liabilities and owner's equity

96,160,172,806.68

78,004,316,031.13

 

 



 

 

 

 

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

 

Balance Sheet of the Parent Company

 

As at 30 September 2007

 

 

 

Prepared by: Aluminium Corporation of China Limited

 

 

 

Unit: RMB, Unaudited

 

 

 

Items

Closing balance

Opening balance

 

 

 

 

 

Current assets:

 

 

 

Bank balance and cash

10,567,136,818.43

9,982,830,776.56

 

Trading financial assets

 

 

 

Notes receivable

1,532,087,546.11

847,714,042.52

 

Accounts receivable

2,298,282,826.81

821,523,248.79

 

Prepayments

451,668,647.08

143,588,378.40

 

Interest receivable

 

 

 

Dividend receivable

4,367,610.04

28,040,290.92

 

Other receivables

1,236,650,427.49

1,129,858,845.18

 

Inventory

8,530,753,530.66

6,111,463,955.36

 

Non-current assets due within one year

 

 

 

Other current assets

71,254,062.44

44,362,280.93

 

 



 

 

 

 

 

Total current assets

24,692,201,469.06

19,109,381,818.66

 

 



 

 

 

 

 

Non-current assets:

 

 

 

Financial assets available for sale

177,000,000.00

 

 

Held-to-maturity investment

 

 

 

Long-term receivables

 

 

 

Long-term equity investment

5,733,124,650.09

6,074,255,000.00

 

Investment properties

 

 

 

Fixed assets

35,477,360,768.90

30,531,543,572.61

 

Construction-in-progress

7,884,668,520.40

3,525,026,704.21

 

Construction materials

238,642,755.29

189,511,554.93

 

Disposal of fixed asset

 

 

 

Biological assets for production

 

 

 

Fuel assets

 

 

 

Intangible assets

448,583,624.49

388,924,643.14

 

Development expenditure

 

 

 

Goodwill

4,897,092,276.53

406,686,941.50

 

Long-term deferred expenses

166,421,171.43

186,168,031.05

 

Deferred income tax assets

415,403,902.05

307,106,054.00

 

Other non-current assets

 

 

 

Total non-current assets

55,438,297,669.18

41,609,222,501.44

 

 



 

 

 

 

 

Total assets

80,130,499,138.24

60,718,604,320.10

 

 



 

 

 

 

 

Current liabilities:

 

 

 

Short-term borrowings

666,000,000.00

 

 

Trading of financial liabilities

 

 

 

Notes payable

33,150,000.00

 

 

Account Payables

3,661,117,842.39

3,723,157,750.21

 

Payments received in advance

765,965,240.43

426,587,737.92

 

Staff remuneration payables

172,525,847.54

1,014,860,640.37

 

Taxes payable

1,290,737,238.08

1,844,958,829.56

 

Interest payable

 

 

 

Dividend payalbe

3,665,490.93

24,921,082.51

 

Other payables

1,332,797,102.20

1,272,850,302.92

 

Non-current liabilities due

 

 

 

   within one year

1,613,098,400.00

2,229,218,197.50

 

Other current liabilities

5,579,376,687.25

5,085,619,794.12

 

 



 

 

 

 

 

Total current liabilities

15,118,433,848.82

15,622,174,335.11

 

 



 

 

 

 

 

Non-current liabilities:

 

 

 

Long-term borrowing

4,958,723,200.00

3,210,936,481.25

 

Bonds payable

2,006,145,000.00

 

 

Long-term payables

 

 

 

Special payables

102,976,758.00

 

 

Provisions for payables

 

 

 

Deferred income tax liabilities

152,404,659.63

192,960,330.00

 

Other non-current liabilities

37,205,100.00

29,635,100.00

 

Total non-current liabilities

7,257,454,717.63

3,433,531,911.25

 

 



 

 

 

 

 

Total liabilities

22,375,888,566.45

19,055,706,246.36

 

 



 

 

 

 

 

Owner's equity

 

 

 

   (or shareholders' equity):

 

 

 

Paid-up capital (or share capital)

12,886,607,892.00

11,649,876,153.00

 

Capital reserve

16,774,333,463.56

10,009,225,494.58

 

Less: Treasury stock

 

 

 

Surplus Reserve

4,635,696,425.85

4,635,695,425.71

 

Undistributed profit

23,457,972,790.38

15,368,101,000.45

 

Total owner's

 

 

 

   (or shareholders') equity

57,754,610,571.79

41,662,898,073.74

 

 



 

 

 

 

 

Total liabilities and Owner's equity

 

 

 

   (or shareholders' equity)

80,130,499,138.24

60,718,604,320.10

 

 



 

 

 

 

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

 

Consolidated income statement

 

January-September 2007

 

 

 

Prepared by: Aluminium Corporation of China Limited

 

 

 

Unit: RMB Unaudited

 

 

 

 

 

 

 

Amount from

 

 

 

 

Amount from

the beginning

 

 

 

 

the beginning

of last year to

 

 

 

 

of the year to

the end of

 

 

 

Amount for

the end of

the last

 

 

Amount for

the previous

reporting period

reporting period

 

 

the period

period

(January-

(January-

 

Items

(July-September)

(July-September)

September)

September)

 

 

 

 

 

 

 

I.

Total revenue from

 

 

 

 

 

 

   operations

17,961,032,015.86

 

54,574,879,860.46

 

 

 

including:

revenue from

 

 

 

 

 

 

 

   operations

17,961,032,015.86

 

54,574,879,860.46

 

 

 

 

Interest income

 

 

 

 

 

 

 

Premiums earned

 

 

 

 

 

 

 

Income from fee

 

 

 

 

 

 

 

   and commission

 

 

 

 

 

II.

Total cost of operations

14,825,403,313.64

 

42,797,795,348.68

 

 

 

including:

cost of operations

13,693,014,752.26

 

39,766,455,538.74

 

 

 

 

Interest payments

 

 

 

 

 

 

 

Fee and commission

 

 

 

 

 

 

 

   expenses

 

 

 

 

 

 

 

Surrender value

 

 

 

 

 

 

 

Net expenditure for

 

 

 

 

 

 

 

   compensation

 

 

 

 

 

 

 

   payments

 

 

 

 

 

 

 

Net drawing on

 

 

 

 

 

 

 

   provision for

 

 

 

 

 

 

 

   insurance contracts

 

 

 

 

 

 

 

Expenditures for

 

 

 

 

 

 

 

   insurance policy

 

 

 

 

 

 

 

   dividend

 

 

 

 

 

 

 

Reinsurance costs

 

 

 

 

 

 

 

Business tax

 

 

 

 

 

 

 

   and surcharge

134,475,560.75

 

402,611,353.86

 

 

 

 

Selling expenses

300,794,295.00

 

783,286,697.34

 

 

 

 

Administrative

 

 

 

 

 

 

 

   expenses

529,318,230.07

 

1,338,797,489.37

 

 

 

 

Finance expenses

169,382,004.29

 

509,848,292.23

 

 

 

 

Impairment loss

-1,581,528.73

 

-3,204,022.86

 

 

 

Add:

Gain from change

 

 

 

 

 

 

 

   in fair value

-35,185,532.07

 

31,861,771.71

 

 

 

 

(loss is represented

 

 

 

 

 

 

 

   by "-")

83,012,531.93

 

240,355,688.36

 

 

 

Including:

Gains from investment

 

 

 

 

 

 

 

   in associates and

 

 

 

 

 

 

 

   joint ventures

54,358,030.39

 

204,056,425.66

 

 

 

 

Gains from foreign

 

 

 

 

 

 

 

   currencies exchange

 

 

 

 

 

 

 

   (loss is represented

 

 

 

 

 

 

 

   by "-")

 

 

 

 

 

III.

Operating profit

 

 

 

 

 

 

   (loss is represented by "-")

3,183,455,702.08

 

12,049,301,971.85

 

 

 

Add:

Non-operating income

38,889,584.91

 

43,269,915.98

 

 

 

Less:

Non-operating expenses

58,071,616.10

 

76,788,184.84

 

 

 

Including:

Loss from disposal

 

 

 

 

 

 

 

   of non-current assets

39,254,490.62

 

42,175,809.70

 

 

IV.

Total profit

 

 

 

 

 

 

   (loss is represented by "-")

3,164,273,670.89

 

12,015,783,702.99

 

 

 

Less:

Income tax

905,584,101.65

 

2,600,374,695.87

 

 

V.

Net profit

 

 

 

 

 

 

   (loss is represented by "-")

2,258,689,569.24

 

9,415,409,007.12

 

 

 

Net profit attributable

 

 

 

 

 

 

   to the Company

2,043,234,624.79

 

8,439,874,041.64

 

 

 

Minority interests

215,454,944.45

 

975,534,965.48

 

 

VI.

Earnings per share (RMB):

 

 

 

 

 

 

i)    Basic earnings per share

0.16

 

0.68

 

 

 

ii)   Diluted earnings per share

0.16

 

0.68

 

 

 

 

 

 

 

 

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

 

Income statement of the Parent Company

 

January-September 2007

 

 

 

Prepared by: Aluminium Corporation of China Limited

 

 

 

Unit: RMB Unaudited

 

 

 

 

 

 

 

Amount from

 

 

 

 

Amount from

the beginning

 

 

 

 

the beginning

of last year to

 

 

 

 

of the year to

the end of

 

 

 

Amount for

the end of

the last

 

 

Amount for

the previous

reporting period

reporting period

 

 

the period

period

(January-

(January-

 

Items

(July-September)

(July-September)

September)

September)

 

 

 

 

 

 

 

1.

Turnover

11,296,109,624.45

 

31,852,252,351.31

 

 

 

Less:

Cost of goods sold

8,311,904,626.25

 

21,440,129,514.12

 

 

 

 

Business tax

 

 

 

 

 

 

 

   and surcharge

102,052,862.98

 

286,803,162.58

 

 

 

 

Selling expenses

190,322,728.60

 

499,745,055.08

 

 

 

 

Administrative

 

 

 

 

 

 

 

   expenses

413,589,056.45

 

1,001,903,485.07

 

 

 

 

Finance expenses

64,175,701.11

 

176,117,337.22

 

 

 

 

Impairment loss

-1,563,628.15

 

-535,459.87

 

 

 

Add:

Gain from change

 

 

 

 

 

 

 

   in fair value

 

 

 

 

 

 

 

   (loss is represented

 

 

 

 

 

 

 

   by "-")

 

 

 

 

 

 

 

Gain from investment

 

 

 

 

 

 

 

   (loss is represented

 

 

 

 

 

 

 

    by "-")

249,976,148.21

 

448,491,408.38

 

 

 

Including:

(Gains from investment

 

 

 

 

 

 

 

   in associates and

 

 

 

 

 

 

 

   joint ventures

248,350,587.56

 

445,596,922.99

 

 

 

 

 

 

 

 

 

 

II.

Operating profit

 

 

 

 

 

 

   (loss is represented by "-")

2,465,604,425.42

 

8,896,580,665.49

 

 

 

Add:

Non-operating income

1,652,834.22

 

4,251,037.58

 

 

 

Less:

Non-operating expenses

46,488,468.80

 

58,690,936.96

 

 

 

Including:

Loss from disposal of

 

 

 

 

 

 

 

   non-current assets

33,140,879.93

 

36,006,128.39

 

 

III.

Total profit

 

 

 

 

 

 

(loss is represented by "-")

2,420,768,790.84

 

8,842,140,766.11

 

 

 

Less:

Income tax

606,010,992.24

 

1,950,764,381.15

 

 

IV.

Net profit

 

 

 

 

 

 

   (loss is represented by "-")

1,814,757,798.60

 

6,891,376,384.96

 

 

 

 

 

 

 

 

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

 

Consolidated Cash Flow Statement

 

January-September 2007

 

 

 

Prepared by: Aluminium Corporation of China Limited

 

 

 

Unit: RMB Unaudited

 

 

 

 

 

Amount from

 

 

Amount from

the beginning

 

 

the beginning

of last year to

 

 

of the year to

the end of

 

 

the end of

the last

 

 

reporting period

reporting period

 

 

(January-

(January-

 

Items

September)

September)

 

 

 

 

 

1.

Cash flow from operating activities:

 

 

 

 

Cash received from sale of

 

 

 

 

   goods and provision of services

66,549,727,058.77

 

 

 

Net increase in customer and

 

 

 

 

   interbank deposits

 

 

 

 

Net increase in borrowings

 

 

 

 

   from PBOC

 

 

 

 

Net increase in borrowings from

 

 

 

 

   other financial institutions

 

 

 

 

Cash received from premiums under

 

 

 

 

   original insurance contract

 

 

 

 

Net cash received from

 

 

 

 

   reinsurance business

 

 

 

 

Net increase in deposits of

 

 

 

 

   policy holders and investment

 

 

 

 

Net increase in disposal of

 

 

 

 

   trading financial assets

 

 

 

 

Cash received from interest,

 

 

 

 

   fees and commissions

 

 

 

 

Net increase in borrowings

 

 

 

 

Net increase in income from

 

 

 

 

   repurchase business

 

 

 

 

Tax rebates

 

 

 

 

Other cash received from

 

 

 

 

   activities related to operation

5,569,049.48

 

 

 

Sub-total of cash inflow from

 

 

 

 

   operating activities

66,555,296,108.25

 

 

 

Cash paid for goods purchased and

 

 

 

 

   service rendered

47,279,949,406.92

 

 

 

Net increase in customer loans

 

 

 

 

   and advances

 

 

 

 

Net increase in deposit in

 

 

 

 

   PBOC and interbank deposits

 

 

 

 

Cash paid for compensation payments

 

 

 

 

   under original insurance contract

 

 

 

 

Cash paid for interest, fee

 

 

 

 

   and commission

 

 

 

 

Cash paid for insurance policy dividend

 

 

 

 

Cash paid to and on

 

 

 

 

   behalf of employee

2,616,576,367.79

 

 

 

Taxes payments

8,036,522,811.21

 

 

 

Other cash paid for activities

 

 

 

 

   related to operation

773,588,564.55

 

Sub-total of Cash outflow from

   operating activities

58,706,637,150.47

Net cash flow from operating activities

7,848,658,957.78

2.

Cash flow from investment activities:

Cash received from investment

2,849,135,012.76

Cash received from gains in investment

87,779,294.14

Net cash received from disposal of

   fixed assets, intangible assets and

   other long term assets

144,782,887.97

Net cash received from disposal of

   subsidiaries and other

   operating entities

Other cash received from activities

   related to investment

453,764,696.98

Sub-total of cash inflow from

   investment activities

3,535,461,891.85

Cash paid for purchase of fixed assets,

   intangible assets and

   other long term assets

6,173,417,872.57

Cash paid for investment

65,882,237.16

Net increase in pledged loans

Net cash paid for acquiring subsidiaries

   and other operating entities

Other cash paid for activities

   related to investment

Sub-total of cash outflow from

   investment activities

6,239,300,109.73

Net cash flow from

   investment activities

-2,703,838,217.88

3.

Cash flow from financing activities:

Proceeds received from investments

Including: Proceeds received by

   subsidiaries from minority

   shareholders' investment

Cash received from borrowings

3,313,357,397.42

Cash received from issuing bonds

4,966,500,000.00

Other cash received from

   financing-related activities

7,567,968.24

Sub-total of cash inflow from

   financing activities

8,287,425,365.66

Cash paid for repayment

7,024,185,884.00

Cash paid for dividend and

   profit distribution or

   interest repayment

2,649,055,715.94

Including: Dividend and profit

   paid by subsidiaries to

   minority shareholders

225,896,960.11

Other cash paid for

   financing-related activities

Sub-total of cash outflow from

   financing activities

9,673,241,599.94

Net cash flow from

   financing activities

-1,385,816,234.28

4.

Impast of fluctuations in

   exchange rates on cash

   and cash equivalents

5.

Net increase in cash and

   cash equivalents

3,759,004,505.62

Add: Balance of cash and

   cash equivalents at the

   beginning of the period

9,802,775,324.65

6.

Balance of cash and cash equivalents

   at the end of the period

13,561,779,830.27

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

 

Cash Flow Statement of the Parent Company

 

January-September 2007

   

 

Prepared by: Aluminium Corporation of China Limited

   

 

Unit: RMB Unaudited

   

 

 

 

Amount from

 

 

Amount from

the beginning of

 

 

the beginning

last year to

 

 

of the year to

the end of

 

 

the end of

the last

 

 

reporting period

reporting period

   

(January-

(January-

 

Items

September)

September)

       

1.

Cash flow from operating acitivities:

Cash received from sale of

   goods and provision of services

36,872,608,570.20

Tax rebates

Other cash received from

   activities related to operation

3,487,395.00

Sub-total of cash inflow from

   operating activities

36,876,095,965.20

Cash paid for goods purchased and

   service rendered

21,914,887,481.77

Cash paid to or paid for employee

2,673,352,397.23

Taxes paid

6,068,362,036.12

Other cash paid for activities

   related to operation

952,032,837.25

Cash outflow from operating activities

31,608,634,752.37

Net cash flow from operating activities

5,267,461,212.83

2.

Cash flow from investment activities:

Cash received from investment

2,850,000,000.00

Cash received from return on investment

337,327,219.73

Net cash received from disposal of

   fixed assets, intangible assets and

   other long term assets

89,839,055.31

Net cash received from disposal of

   subsidiaries and other operating entities

Other cash received from activities

   related to investment

528,331,933.02

Sub-total of cash inflow from

   investment activities

3,805,498,208.06

Cash paid for purchase of

   fixed assets, intangible assets and

   other long term assets

4,115,553,000.58

Cash paid for investment

715,604,924.32

Net cash paid for acquiring

   subsidiaries and other operating entities

Other cash paid for activities

   related to investment

170,000,000.00

Sub-total of cash outflow from

   investment activities

5,001,157,924.90

Net cash flow from investment activities

-1,195,659,716.84

3.

Cash flow from financing activities:

Proceeds received from financing activities

Cash received from borrowings

1,194,600,000.00

Other cash received from

   financing-related activities

4,974,070,000.00

Sub-total of cash inflow from

   financing activities

6,168,670,000.00

Cash paid for repayment

4,849,594,678.00

Cash paid for dividend and

   profit distribution or interest repayment

1,956,570,776.44

Other cash paid for

   financing-related activities

Sub-total of cash outflow from

   financing activities

6,806,165,454.44

Net cash flow from financing activities

-637,495,454.44

4.

Impact of fluctuations in exchange

   rates on cash and cash equivalents

5.

Net increase in cash and

   cash equivalents

3,434,306,041.55

Add: Balance of cash and cash

   equivalents at the beginning

   of the period

6,982,830,776.88

6.

Balance of cash and cash equivalents

   at the end of the period

10,417,136,818.43

 

Company Legal Representative:

Person-in-charge of accounting:

Head of Accounting Department:

 

Xiao Yaqing

Chen Jihua

Ou Xiaowu

 

 

 

 

This announcement is made pursuant to the disclosure requirement under Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

 

 

The Board of Directors of

 

Aluminum Corporation of China Limited

   

29 October 2007

 

As at the date of this announcement, the members of the Board comprise Mr. Xiao Yaqing, Mr. Luo Jianchuan, Mr. Chen Jihua and Mr. Liu Xiangmin (Executive Directors); Mr. Shi Chungui (Non-executive Director); Mr. Poon Yiu Kin, Samuel, Mr. Kang Yi and Mr. Zhang Zhuoyuan (Independent Non-executive Directors).

About the Company

Our contact information of this release is:

*

Business address: No.62 North Xizhimen Street, Haidian District, Beijing, People's Republic of China, 100082

*

Telephone number: (86-10) 8229 8103

*

Website: http://www.chinalco.com.cn

*

Contact person: Liu Qiang, Company Secretary