1934 ACT FILE NO. 001-15264 SECURITIES AND EXCHANGE COMMISSION
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
For the month of October 2007.
Aluminum Corporation of China Limited
No. 62 North Xizhimen Street
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or 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.] [If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ] |
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
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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. |
(Stock Code: 2600) OVERSEAS REGULATORY ANNOUNCEMENT
2007 THIRD QUARTERLY REPORT
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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 |
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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. |
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1.2 |
All members of the Board attended the board meeting. |
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1.3 |
The financial report of the Company in this quarterly report has not been audited. |
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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. |
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2. |
COMPANY PROFILE |
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2.1 |
Principal financial data and indicators |
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Currency: RMB |
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Change as |
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of 30 |
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September |
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2007 as |
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As at 30 |
As at 31 |
compared with |
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September |
December |
31 December |
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2007 |
2006 |
2006 |
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(%) |
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Total assets (RMB) |
96,160,172,806.68 |
78,004,316,031.13 |
23.28 |
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Shareholders' equity (excluding |
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minority interests) (RMB) |
59,191,188,708.77 |
44,224,737,104.23 |
33.84 |
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Net assets per share (RMB) |
4.59 |
3.80 |
20.79 |
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Change as |
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compared with |
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1 January |
the same |
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2007 to 30 |
period of |
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September 2007 |
2006 |
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(%) |
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Net cash flow from operating |
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activities (RMB) |
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7,848,658,957.78 |
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Net cash flow from operating |
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activities per share (RMB) |
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0.61 |
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Change in the |
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reporting period |
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as compared |
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The reporting period |
1 January |
with the |
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(1 July 2007 to |
2007 to 30 |
same period |
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30 September 2007) |
September 2007 |
of 2006 |
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(%) |
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Net profit (RMB) |
2,043,234,624.79 |
8,439,874,041.64 |
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Basic earnings per share (RMB) |
0.16 |
0.68 |
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Net profit per Share after deducting |
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extraordinary items (RMB) |
- |
0.68 |
- |
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Diluted earnings per share (RMB) |
0.16 |
0.68 |
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Return on net assets (%) |
3.89 |
16.06 |
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Return on net assets after deducting |
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extraordinary items (%) |
3.91 |
16.10 |
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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 |
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Unit: Share |
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Total number of shareholders |
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as at 30 September 2007 |
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Particulars about the top ten shareholders of circulating shares not subject to trading moratorium |
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Number of |
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circulating shares |
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not subject to |
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Name of |
trading moratorium |
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shareholders |
held as at |
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(in full): |
30 September 2007 |
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Class of share |
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Hong Kong Securites Clearing |
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Company Limited |
3,940,703,767 |
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Overseas listed foreign shares |
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Bank of China |
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- Harvest Shanghai |
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Shenzhen 300 Index |
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Securities Investment Fund |
10,283,903 |
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RMB denominated ordinary shares |
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Industrial and Commercial |
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Bank of China |
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- UBS SDIC Core |
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Enterprise Equity Securities |
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Investment Fund |
8,516,480 |
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RMB denominated ordinary shares |
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China Construction Bank |
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- Bosera Yufu Securities |
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Investment Fund |
8,243,860 |
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RMB denominated ordinary shares |
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Shanxi Aluminum Plant |
7,140,254 |
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RMB denominated ordinary shares |
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China Construction Bank |
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First state Cinda Leading |
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Growth Equity Investment Fund |
6,062,028 |
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RMB denominated ordinary shares |
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Industrial and Commercial |
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Bank of China |
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- Shanghai 50 ETF Securities |
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Investment Fund |
5,715,050 |
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RMB denominated ordinary shares |
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Shanxi Haixin Industrial Co., Ltd. |
5,414,723 |
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RMB denominated ordinary shares |
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China Merchants Bank |
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- Huafu Growth Trend |
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Equity Securities Investment Fund |
4,000,000 |
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RMB denominated ordinary shares |
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Agricultural Bank of China |
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- China Post Growth Equity |
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Securities Investment Fund |
3,716,252 |
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RMB denominated ordinary shares |
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3. |
SIGNIFICANT EVENTS |
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3.1 |
Material changes in major accounting items and financial indicators and the reasons therefor |
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Applicable |
Not Applicable |
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3.2 |
Significant events and their effect and analysis on solutions |
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Applicable |
Not Applicable |
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3.3 |
Implementation of undertakings by the Company, its shareholders and de facto controller |
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Applicable |
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Not Applicable |
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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. |
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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 |
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Applicable |
Not Applicable |
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3.5 |
Other significant events necessary for explanation |
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3.5.1 |
Shares of other listed companies held by the Company |
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Applicable |
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Not Applicable |
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Number of |
Percentage |
Initial |
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shares held |
to its equity |
investment |
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No. |
Stock code |
Name |
(shares) |
interest |
cost |
Ledger |
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(%) |
(RMB) |
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1 |
000612 |
Jiaozuo Wanfang |
139,151,100 |
29 |
247,454,107.08 |
Long-term |
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shares |
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equity investment |
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Total |
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- |
- |
247,454,107.08 |
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3.5.2 |
Shares of other non-listed financial companies and companies to be listed held by the Company |
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Applicable |
Not Applicable |
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Aluminium Corporation of China Limited |
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Legal representative: Xiao Yaqing |
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4 |
Appendix: |
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Consolidated Balance Sheet |
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As at 30 September 2007 |
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Prepared by: Aluminium Corporation of China Limited |
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Unit: RMB, Unaudited |
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Items |
Closing balance |
Opening balance |
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Current assets: |
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Bank balance and cash |
13,712,077,185.79 |
12,802,775,323.59 |
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Clearing provision |
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Interbank lending |
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Trading financial assets |
27,024,072.95 |
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Notes receivable |
1,998,221,806.18 |
1,569,730,430.99 |
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Accounts receivable |
1,334,464,915.47 |
456,432,263.72 |
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Prepayments |
1,520,021,244.55 |
1,072,102,884.93 |
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Premiums receivable |
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Reinsurance accounts receivable |
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Reinsurance contracts |
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provision receivable |
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Interest receivable |
42,862.58 |
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Dividend receivable |
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23,672,680.88 |
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Other receivables |
450,301,475.56 |
468,534,720.49 |
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Purchases of resold financial assets |
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Inventory |
11,568,522,826.04 |
9,036,381,191.49 |
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Non-current assets due |
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within one year |
18,000,000.00 |
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Other current assets |
224,699,934.97 |
110,943,759.59 |
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Total current assets |
30,853,376,324.09 |
25,540,573,255.68 |
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Non-current assets: |
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Loans and advances |
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Financial assets available for sale |
25,625,597.02 |
18,182,000.00 |
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Held-to-maturity investment |
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Long-term receivables |
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Long-term investment in equity |
1,155,355,250.59 |
1,849,019,705.13 |
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Investment properties |
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Fixed assets |
45,822,115,441.35 |
44,127,378,172.26 |
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Construction in progress |
10,897,883,149.51 |
4,162,982,718.77 |
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Construction materials |
287,850,580.88 |
249,063,122.29 |
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Disposals of fixed assets |
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Biological assets for production |
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Fuel assets |
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Intangible assets |
1,107,812,145.36 |
1,056,180,360.99 |
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Development expenditure |
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Goodwill |
4,897,092,276.53 |
406,686,943.00 |
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Long-term deferred expenses |
171,532,774.61 |
187,333,822.01 |
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Deferred income tax assets |
709,529,266.74 |
406,915,931.00 |
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Other non-current assets |
232,000,000.00 |
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Total non-current assets |
65,306,796,482.59 |
52,463,742,775.45 |
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Total assets |
96,160,172,806.68 |
78,004,316,031.13 |
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Current liabilities: |
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Short-term borrowings |
2,677,806,192.42 |
2,762,040,000.00 |
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Borrowing from PBOC |
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Customer and interbank deposits |
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Interbank borrowing |
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Trading of financial liabilities |
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5,702,686.00 |
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Notes payable |
33,160,000.00 |
48,010,000.00 |
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Account payables |
4,524,396,895.12 |
4,947,837,877.47 |
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Payments received in advance |
1,536,053,743.65 |
1,207,445,277.62 |
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Sales of repurchased financial assets |
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Fees and commissions payable |
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Staff remuneration payables |
265,579,408.90 |
1,220,816,670.29 |
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Taxes payable |
1,610,470,934.08 |
2,178,033,921.56 |
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Interest payable |
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Dividend payable |
5,980,135.74 |
40,808,396.83 |
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Other payables |
1,506,099,376.66 |
1,620,159,114.61 |
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Reinsurance accounts payable |
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Insurance contract reserve |
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Payment for agent of trading securities |
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Payment for agent of |
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underwriting securities |
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Non-current liabilities due |
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within one year |
1,834,698,400.00 |
2,350,818,197.50 |
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Other current liabilities |
5,644,411,839.41 |
5,149,276,752.98 |
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Total current liabilities |
19,638,656,925.98 |
21,530,948,894.86 |
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Non-current liabilities: |
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Long-term borrowing |
11,539,923,200.00 |
8,480,736,481.25 |
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Bonds payable |
2,006,145,000.00 |
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Long-term payables |
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Special payables |
102,976,758.00 |
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Accrued Liabilities |
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Deferred income tax liabilities |
179,109,019.85 |
197,069,934.00 |
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Other non-current liabilities |
37,205,100.00 |
29,632,100.00 |
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Total non-current liabilities |
13,865,359,077.85 |
8,707,438,515.25 |
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Total liabilities |
33,504,016,003.83 |
30,238,387,410.11 |
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Owner's equity |
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(or shareholders' equity): |
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Paid-up capital (or share capital) |
12,886,607,892.00 |
11,649,876,153.00 |
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Capital reserve |
16,774,333,463.56 |
10,009,225,494.58 |
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Less: Treasury stock |
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Surplus reserve |
4,635,696,425.85 |
4,635,695,425.71 |
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Preparations for general risks |
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Undistributed profit |
24,894,550,927.36 |
17,929,940,030.94 |
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Difference from translation of |
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foreign currency statement |
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Total equity attributable |
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to the equity holders |
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of the Company |
59,191,188,708.77 |
44,224,737,104.23 |
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Minority interests |
3,464,968,094.08 |
3,541,191,516.79 |
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Total owner's equity |
62,656,156,802.85 |
47,765,928,621.02 |
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Total liabilities and owner's equity |
96,160,172,806.68 |
78,004,316,031.13 |
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Company Legal Representative: |
Person-in-charge of accounting: |
Head of Accounting Department: |
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Xiao Yaqing |
Chen Jihua |
Ou Xiaowu |
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Balance Sheet of the Parent Company |
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As at 30 September 2007 |
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Prepared by: Aluminium Corporation of China Limited |
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Unit: RMB, Unaudited |
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Items |
Closing balance |
Opening balance |
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Current assets: |
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Bank balance and cash |
10,567,136,818.43 |
9,982,830,776.56 |
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Trading financial assets |
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Notes receivable |
1,532,087,546.11 |
847,714,042.52 |
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Accounts receivable |
2,298,282,826.81 |
821,523,248.79 |
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Prepayments |
451,668,647.08 |
143,588,378.40 |
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Interest receivable |
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Dividend receivable |
4,367,610.04 |
28,040,290.92 |
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Other receivables |
1,236,650,427.49 |
1,129,858,845.18 |
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Inventory |
8,530,753,530.66 |
6,111,463,955.36 |
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Non-current assets due within one year |
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Other current assets |
71,254,062.44 |
44,362,280.93 |
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|
|
|
|
|
|
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Total current assets |
24,692,201,469.06 |
19,109,381,818.66 |
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Non-current assets: |
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Financial assets available for sale |
177,000,000.00 |
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Held-to-maturity investment |
|
|
|
Long-term receivables |
|
|
|
Long-term equity investment |
5,733,124,650.09 |
6,074,255,000.00 |
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Investment properties |
|
|
|
Fixed assets |
35,477,360,768.90 |
30,531,543,572.61 |
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Construction-in-progress |
7,884,668,520.40 |
3,525,026,704.21 |
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Construction materials |
238,642,755.29 |
189,511,554.93 |
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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 |
|
|
|
|
|
|
|
|
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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 |
|
|
|
|
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|
|
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 |
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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. |
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The Board of Directors of |
Aluminum Corporation of China Limited |
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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 |
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Our contact information of this release is: |
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Business address: No.62 North Xizhimen Street, Haidian District, Beijing, People's Republic of China, 100082 |
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Telephone number: (86-10) 8229 8103 |
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Website: http://www.chinalco.com.cn |
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Contact person: Liu Qiang, Company Secretary |