6-k Announcement

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 2015
___________________

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 if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1): __________

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7): __________

         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 29, 2015       

 

By                 /s/    Xu Bo                     
Name: Xu Bo
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.

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever f

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 


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

(Stock Code: 2600)

2015 THIRD QUARTERLY REPORT

 

This announcement is made by Aluminum Corporation of China Limited* (the "Company", together with its subsidiaries, the "Group") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

 

1.

IMPORTANT NOTICE

   

 

1.1

The board of directors, the supervisory committee, the directors, supervisors and senior management members of the Company guarantee the truthfulness, accuracy and completeness of this quarterly report, that it contains no false representation, misleading statement or material omission, and assume several and joint liabilities.

     
 

1.2

All the directors of the Company attended the meeting of the board of directors and reviewed the quarterly report.

     
 

1.3

Ge Honglin, Person-in-charge of the Company, Xie Weizhi, Person-in-charge of Accounting, Gao Xingfang, Head of the Accounting Department warrant the truthfulness, accuracy and completeness of the financial statements in this quarterly report.

     
 

1.4

The third quarterly report of the Company has not been audited.

     

2.

PRINCIPAL FINANCIAL DATA OF THE COMPANY AND THE CHANGES OF SHAREHOLDERS

   

2.1

Principal financial data

     

   

Unit: '000    Currency: RMB

     

   

30 September

31 December

Increase/

   

2015

2014

Decrease

       

(%)

         
 

Total assets

188,324,856

192,631,971

-2.24

 

Net assets attributable to owners

     
 

    of the parent

35,487,938

28,275,687

25.51

         

   

2015

2014

 
   

(January

(January

Increase/

   

-September)

-September)

Decrease

       

(%)

         
 

Net cash flow from operating

     
 

    activities

3,079,450

5,317,849

-42.09

         

   

2015

2014

 
   

(January

(January

Increase/

   

-September)

-September)

Decrease

       

(%)

         
 

Operating revenue

95,274,020

104,786,229

-9.08

 

Net profit attributable to owners

     
 

    of the parent

-931,439

-5,412,039

N/A

 

Profit attributable to owners of

     
 

    the parent after excluding

     
 

    extraordinary gains and losses

-2,881,703

-6,153,672

N/A

 

Weighted average rate of return

     
 

    on net assets (%)

-2.92

-12.97

N/A

 

Basic earnings per share

     
 

    (RMB per share)

-0.07

-0.40

N/A

 

Diluted earnings per share

     
 

    (RMB per share)

-0.07

-0.40

N/A

         

 

Gains and losses arising from extraordinary items and amount

   
 

   

   

Unit: '000    Currency: RMB

     

   

2015

2015

 
   

(July-

(January-

 
 

Items

September)

September)

Description

         
 

Gains/(Losses) from disposal of

     
 

    non-current assets

134

21,260

 
 

Government subsidies included in

     
 

    the gains and losses for the

     
 

    reporting period (excluding

     
 

    government subsidies closely

     
 

    related to the ordinary business of

     
 

    the Company and are granted on

     
 

    an ongoing basis under the state's

     
 

    policies according to certain

     
 

    standard amount or quantity)

524,781

1,191,081

 
 

Gains/(Losses) from discretionary

    investment or asset management

337

36,109

 
 

Except for the hedging business that

     
 

    is related to the ordinary business

     
 

    of the Company, the gains or

     
 

    losses arising from fair value

     
 

    changes of held-for-trading

     
 

    financial assets and liabilities and

     
 

    investment income on disposing

     
 

    held-for-trading financial assets

     
 

    and liabilities and available-for-

     
 

    sale financial assets

-332,903

-377,888

 
 

Write back of the provision for

     
 

    impairment of receivables that are

     
 

    individually tested for impairment

237,889

250,154

 
 

Gains/(Losses) on external

     
 

    entrusted loans

8,528

36,442

 
 

Other non-operating income and

     
 

    expenses other than above items

113

125,277

 
 

Investment gains from disposal of

     
 

    joint ventures and associates

 

767,828

 
 

Income tax effect

64,286

-12,069

 
 

Non-controlling interests

     
 

    effect (after tax)

-48,282

-87,930

 
   



 
         
 

Total

454,883

1,950,264

 
   



 
         

2.2

Total number of shareholders, the top ten shareholders and the top ten shareholders of tradable shares (or shareholders not subject to trading moratorium) as at the end of the reporting period

   

   

Unit: Share

     

 

Total number of shareholders

582,333

     

 

Shareholding status of top ten shareholders

   

       

Number

Pledged or frozen status

 
   

Number of

 

of shares

     
   

shares held at

 

held subject

     
   

the end of

 

to trading

Share

 

Nature of

 

Name of shareholders (in full)

the period

Percentage

moratorium

status

Number

shareholders

     

(%)

       
               
 

Aluminum Corporation of China

4,888,864,006

32.80

0

None

0

State

 

HKSCC Nominees Limited

3,929,452,355

26.37

0

Unknown

0

Foreign legal person

 

China Securities Finance

445,625,024

2.99

0

None

0

State-owned legal

 

    Corporation Limited

         

    person

 

    ()

           
               
 

Baotou Aluminum (Group) Co., Ltd.

238,377,795

1.60

0

None

0

State-owned legal

             

    person

 

SWS MU Fund Management-Industrial

169,103,449

1.13

169,103,449

Frozen

169,103,449

Domestic non-state-

 

    and Commercial Bank-Ruilin Private

         

    owned legal

 

    Placement No. 4 Asset Management Plan

         

    person

 

    

           
 

China Cinda Asset Management Co., Ltd.

147,253,426

0.99

0

None

0

State-owned legal

 

    ()

         

    person

 

Huaxia Life Insurance Co., Ltd.

138,889,655

0.93

138,889,655

Frozen

138,889,655

Domestic non-state-

 

    -Universal life Insurance Product

         

    owned legal

 

    

         

    person

 

Truvalue Asset Management-China

138,593,103

0.93

138,593,103

Frozen

138,593,103

Domestic non-state-

 

    Merchants Bank -Pengde Growth No. 1

         

    owned legal

 

    Asset Management Plan

         

    person

 

    

           
 

Tianan Property Insurance Company

138,158,621

0.93

138,158,621

Frozen

138,158,621

Domestic non-state-

 

    Limited -Guarantee Profit No. 1

         

    owned legal

 

    

         

    person

 

Central Huijin Investment Ltd.

137,295,400

0.92

0

None

0

State-owned legal

 

     ()

         

    person

               

 

Shareholding status of the top ten shareholders not subject to

 

trading moratorium

   

   

Number of

   
   

tradable

   
   

shares not

   
   

subject to

   
   

trading

   
 

Name of shareholders

moratorium

Class and number of shares

   

held

Class

Number

         
 

Aluminum Corporation of China

4,888,864,006

RMB denominated

4,888,864,006

     

    ordinary shares

 
 

HKSCC Nominees Limited

3,929,452,355

Overseas listed

3,929,452,355

     

    foreign shares

 
 

China Securities Finance

445,625,024

RMB denominated

445,625,024

 

    Corporation Limited

 

    ordinary shares

 
 

Baotou Aluminum (Group)

     
 

    Co., Ltd.

238,377,795

RMB denominated

238,377,795

     

    ordinary shares

 
 

China Cinda Asset Management

147,253,426

RMB denominated

147,253,426

 

    Co., Ltd. (

 

    ordinary shares

 
 

Central Huijin Investment Ltd. )

137,295,400

RMB denominated

137,295,400

     

    ordinary shares

 
 

Bank of China Limited

31,543,494

RMB denominated

31,543,494

 

    -China AMC New Economy

 

    ordinary shares

 
 

    Flexible Hybrid Securities

     
 

    Investment Seed Fund

     
 

    

     
 

Peng Kai

28,676,950

RMB denominated

28,676,950

     

    ordinary shares

 
 

Chen Xiaomao

28,000,000

RMB denominated

28,000,000

     

    ordinary shares

 
 

Hong Kong Securities Clearing

     
 

    Company Limited

27,975,426

RMB denominated

27,975,426

     

    ordinary shares

 
         

Connected relationship or
    concert-party relationship
    among the above
    shareholders

The number of shares of Aluminum Corporation of China does not contain the A shares of the Company held indirectly by Batou Aluminum (Group) Co., Ltd. and Shanxi Aluminum Plant. Aluminum Corporation of China and its subsidiaries altogether hold 5,134,382,055 shares of the Company and 34.45% of voting rights.

     

2.3

Total number of preference shareholders, top ten preference shareholders and top ten preference shareholders not subject to trading moratorium as at the end of the reporting period

   
 

   

3.

SIGNIFICANT EVENTS

   

3.1

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

   
 

   

 

1.

Financial assets at fair value through profit or loss for the period decreased by 94%, mainly attributable to the decrease in the floating profit of the futures contracts held by the Group at the end of the period.

     
 

2.

Accounts receivable increased by 50%, mainly attributable to the accounts receivable of aluminum products of the Group not yet due.

     
 

3.

Dividends receivable increased by 102%, mainly attributable to the dividend distribution as declared by the associates of the Group.

     
 

4.

Interest receivable increased by 131%, mainly attributable to the interest accrued not yet due on the consideration of asset transfer of the Group.

     
 

5.

Available-for-sale current financial assets decreased by 97%, mainly attributable to the recovery of capital due to the maturity of wealth management products of the Group.

     
 

6.

Available-for-sale non-current financial assets increased by 77%, mainly attributable to the increase in the fair value of the available-for-sale financial assets held by the Group.

     
 

7.

Construction materials increased by 93%, mainly attributable to the increase in the use of construction materials of the Group.

     
 

8.

Financial liabilities at fair value through profit or loss for the period increased by 827%, mainly attributable to the increase in floating losses of the futures contracts held by the Group at the end of the period.

     
 

9.

Taxes payable increased by 125%, mainly attributable to the increase in the circulation tax payable as a result of the increase in the gross profit of the principal products of the Group.

     
 

10.

Other current liabilities decreased by 77%, mainly attributable to the repayment of the short-term financing bonds of the Group.

     

 

11.

Long-term payables increased by 196%, mainly attributable to the increase in finance lease payable of the Group.

     
 

12.

Other comprehensive income increased by 138%, mainly attributable to the increase in exchange differences on foreign currency translation in financial statements.

     
 

13.

Business tax and surcharges increased by 31%, mainly attributable to the increase in taxes and surcharges as a result of the rise in the gross profit of the principal products of the Group.

     
 

14.

Loss from changes in fair value increased by 730%, mainly attributable to the increase in the floating loss of the futures of the Group.

     
 

15.

The investment income increased by 103%, mainly attributable to the gain from the transfer of the equity interests in the associates by the Group.

     
 

16.

Non-operating income increased by 101%, mainly attributable to the increase in government subsidies granted to the Group.

     
 

17.

Income tax expenses decreased by 155%, mainly attributable to the increase in recognition of part of deferred income tax assets by the Group.

     
 

18.

In respect of the production and operation, the Company strictly controlled various costs and fees, leading to an increase of approximately 3 percentage points in gross profit margin, while the costs of alumina and electrolytic aluminum, both principal products, decreased by approximately 9% and 6%, respectively.

     

3.2

Progress of significant events and effects thereof and analysis on solutions

   
 

   

3.3

Implementation of undertakings by the Company and its shareholders with shareholding of 5% or more

   
 

   

3.4

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

   
 

   

   

Aluminum Corporation of China Limited*

   

Legal representative: Ge Honglin

   

29 October 2015

     

IV.

APPENDICES

   

4.1

Financial Statements

   
 

Consolidated Balance Sheet

 

As at 30 September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

 

Items

30 September

31 December

   

2015

2014

       
 

Current assets:

   
 

    Monetary capital

14,913,733

17,932,190

 

    Financial assets at fair value through

   
 

        profit or loss for the period

7,770

120,901

 

    Notes receivable

2,267,179

2,332,964

 

    Accounts receivable

4,478,211

2,979,611

 

    Prepayments

3,663,609

3,266,451

 

    Interest receivable

237,690

103,060

 

    Dividends receivable

252,249

125,159

 

    Other receivables

7,597,492

6,733,911

 

    Inventories

23,678,972

22,441,448

 

    Available-for-sale assets

137,310

4,635,600

 

    Non-current assets due within one year

17,331

29,371

 

    Other current assets

2,962,408

2,773,717

   



       
 

    Total current assets

60,213,954

63,474,383

   



       

 

Items

30 September

31 December

   

2015

2014

       
 

Non-current assets:

   
 

    Available-for-sale financial assets

132,670

74,850

 

    Held-to-maturity investments

   
 

    Long-term receivables

   
 

    Long-term equity investments

7,279,100

7,366,715

 

    Fixed assets

81,128,757

83,651,644

 

    Construction in progress

12,571,052

10,269,333

 

    Construction materials

215,064

111,398

 

    Disposals of fixed assets

312,208

275,759

 

    Intangible assets

11,570,952

11,907,330

 

    Goodwill

2,345,533

2,345,057

 

    Long-term deferred expenditures

316,891

317,275

 

    Deferred income tax assets

1,379,969

952,057

 

    Other non-current assets

10,858,706

11,886,170

   



       
 

    Total non-current assets

128,110,902

129,157,588

   



       
 

    Total assets

188,324,856

192,631,971

   



       
 

Current liabilities:

   
 

    Short-term borrowings

35,687,151

40,792,689

 

    Financial liabilities at fair value through profit

   
 

        or loss for the period

272,332

29,384

 

    Notes payable

6,071,941

5,234,103

 

    Accounts payable

9,798,336

10,514,248

 

    Payments received in advance

2,513,345

2,697,439

 

    Staff remuneration payable

495,427

865,499

 

    Taxes payable

1,019,895

454,141

 

    Interest payable

632,192

923,930

 

    Dividends payable

170,662

187,228

 

    Other payables

6,147,046

7,560,534

 

    Non-current liabilities due within one year

6,986,387

11,431,220

 

    Other current liabilities

5,314,905

23,545,151

   



       
 

    Total current liabilities

75,109,619

104,235,566

   



       

 

Items

30 September

31 December

   

2015

2014

       
 

Non-current liabilities:

   
 

    Long-term borrowings

30,866,636

25,373,482

 

    Debentures payable

25,720,693

18,235,831

 

    Long-term payables

5,713,766

1,931,192

 

    Long-term staff remuneration payable

1,088,123

1,128,572

 

    Special payables

96,780

104,080

 

    Projected liabilities

104,380

108,510

 

    Deferred gains

1,382,299

824,631

 

    Deferred income tax liabilities

1,046,804

1,061,265

 

    Other non-current liabilities

   
   



       
 

    Total non-current liabilities

66,019,481

48,767,563

   



       
 

    Total liabilities

141,129,100

153,003,129

   



       
 

Owner's equity

   
 

    Share capital

14,903,798

13,524,488

 

    Capital reserve

20,290,338

13,772,176

 

    Special reserve

175,755

187,858

 

    Surplus reserve

5,867,557

5,867,557

 

    Retained earnings

-5,820,532

-4,889,093

 

    Other comprehensive income

71,022

-187,299

   



       
 

    Total owner's equity attributable to the owners

   
 

        of the parent

35,487,938

28,275,687

 

    Non-controlling interest

11,707,818

11,353,155

   



       
 

    Total owner's equity

47,195,756

39,628,842

   



       
 

    Total liabilities and owner's equity

188,324,856

192,631,971

   



       

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

 

Balance Sheet of the Parent Company

 

As at 30 September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

 

Items

30 September

31 December

   

2015

2014

       
 

Current assets:

   
 

    Monetary capital

7,478,124

7,820,444

 

    Notes receivable

404,345

636,917

 

    Accounts receivable

1,680,072

1,269,061

 

    Prepayments

420,878

230,885

 

    Interest receivable

96,959

72,665

 

    Dividends receivable

206,363

217,180

 

    Other receivables

11,719,484

7,652,457

 

    Inventories

6,963,556

11,089,803

 

    Available-for-sale assets

25,600

2,525,600

 

    Non-current assets due within one year

16,095

28,000

 

    Other current assets

550,420

751,624

   



       
 

    Total current assets

29,561,896

32,294,636

   



       

 

Items

30 September

31 December

   

2015

2014

       
 

Non-current assets:

   
 

    Available-for-sale financial assets

64,820

7,000

 

    Long-term equity investments

36,109,437

29,119,243

 

    Fixed assets

30,921,626

41,494,927

 

    Construction in progress

3,400,991

2,534,225

 

    Construction materials

32,235

35,176

 

    Disposals of fixed assets

279,685

269,277

 

    Intangible assets

1,846,627

2,409,928

 

    Goodwill

2,330,945

2,330,945

 

    Long-term deferred expenditures

35,745

51,064

 

    Deferred income tax assets

573,951

291,822

 

    Other non-current assets

2,417,316

3,607,592

   



       
 

    Total non-current assets

78,013,378

82,151,199

   



       
 

    Total assets

107,575,274

114,445,835

   



       
 

Current liabilities:

   
 

    Short-term borrowings

17,300,000

22,335,000

 

    Notes payable

1,080,000

500,000

 

    Accounts payable

2,970,480

5,292,515

 

    Payments received in advance

247,384

296,378

 

    Staff remuneration payable

202,139

552,783

 

    Taxes payable

190,168

154,650

 

    Interest payable

536,085

724,397

 

    Other payables

3,899,391

4,641,018

 

    Non-current liabilities due within one year

2,778,371

7,303,304

 

    Other current liabilities

5,308,010

23,536,390

   



       
 

    Total current liabilities

34,512,028

65,336,435

   



       

 

Items

30 September

31 December

   

2015

2014

       
 

Non-current liabilities:

   
 

    Long-term borrowings

10,931,800

6,104,341

 

    Debentures payable

25,320,693

17,835,831

 

    Long-term payables

2,789,671

 
 

    Long-term staff remuneration payable

610,393

858,430

 

    Special payables

92,780

92,780

 

    Deferred gains

668,516

365,965

   



       
 

    Total non-current liabilities

40,413,853

25,257,347

   



       
 

    Total liabilities

74,925,881

90,593,782

   



       
 

Owner's equity:

   
 

    Share capital

14,903,798

13,524,488

 

    Capital reserve

21,159,944

14,641,782

 

    Special reserve

58,400

56,844

 

    Surplus reserve

5,867,557

5,867,557

 

    Retained earnings

-9,402,784

-10,238,618

 

    Other comprehensive income

62,478

 
   



       
 

    Total owner's equity

32,649,393

23,852,053

   



       
 

    Total liabilities and owner's equity

107,575,274

114,445,835

   



       

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

 

Consolidated Income Statement

 

January to September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

   

2015

2014

2015

2014

   

(July to

(July to

(January to

(January

 

Items

September)

September)

September)

to September)

           
 

I.     Total operating revenue

29,186,851

34,694,207

95,274,020

104,786,229

 

        Operating revenue

29,186,851

34,694,207

95,274,020

104,786,229

           
 

II.     Total cost of operations

30,601,523

36,281,607

98,274,964

110,992,467

 

        Including: Operating cost

28,433,474

33,614,701

90,600,391

102,957,520

 

            Business tax and surcharges

96,156

87,462

295,640

226,541

 

             Selling expenses

387,421

423,286

1,273,246

1,237,937

 

             Administrative expenses

550,865

680,143

1,623,201

1,860,771

 

             Finance expenses

1,262,705

1,535,144

4,044,103

4,315,770

 

             Loss on assets impairment

-129,098

-59,129

438,383

393,928

 

        Add: Gains on fair value changes

       
 

            (loss stated with "-")

-65,556

21,011

-302,217

48,006

 

        Investment income (loss stated with "-")

-199,823

49,563

979,137

481,934

 

        Including: Investment

       
 

            income

       
 

            from

       
 

            associated

       
 

            companies

       
 

            and

       
 

            joint ventures

67,524

64,801

251,209

400,909

           
 

III.     Operating profit (loss stated with "-")

-1,680,051

-1,516,826

-2,324,024

-5,676,298

 

        Add: Non-operating income

541,369

308,456

1,378,268

686,126

 

        Less: Non-operating expenses

16,341

8,974

40,649

21,868

 

        Including: Loss from

       
 

            disposal of

       
 

            non-current

       
 

            assets

938

684

969

1,372

           
 

IV.     Total profit (total loss stated with "-")

-1,155,023

-1,217,344

-986,405

-5,012,040

 

        Less: Income tax expenses

-225,045

22,960

-261,531

474,052

           

   

2015

2014

2015

2014

   

(July to

(July to

(January to

(January

 

Items

September)

September)

September)

to September)

           
 

V.     Net profit (net loss stated with "-")

-929,978

-1,240,304

-724,874

-5,486,092

 

        Net profit attributable to owners of

       
 

            the parent company

-959,018

-1,288,607

-931,439

-5,412,039

 

        Non-controlling interests

29,040

48,303

206,565

-74,053

           
 

VI.   Other comprehensive income

       
 

        net of tax

275,092

-12,890

258,321

61,917

 

        Other comprehensive income net of

       
 

            tax attributable to the owners of

       
 

            the parent company

275,092

-12,890

258,321

61,917

 

        Other comprehensive income that

       
 

            will be reclassified to profit or loss

       
 

            subsequently

275,092

-12,890

258,321

61,917

 

        1.  Share of other comprehensive income (that

       
 

            will be reclassified to profit or loss

       
 

            subsequently) of investees

       
 

            accounted for using equity method

   

4,658

 
 

        2. Gain or loss from changes in the fair

       
 

            values of available-for-sale

       
 

            financial assets

   

57,820

 
 

        3. Exchange differences on foreign

       
 

            currency translation

275,092

-12,890

195,843

61,917

           
 

VII. Total comprehensive income

-654,886

-1,253,194

-466,553

-5,424,175

 

        Total comprehensive income

       
 

            attributable to owners of the parent

-683,926

-1,301,497

-673,118

-5,350,122

 

        Total comprehensive income

       
 

            attributable to non-controlling

       
 

            shareholders

29,040

48,303

206,565

-74,053

           
 

VIII.Earnings per share:

       
 

        (i)     Basic earnings per share

       
 

                (RMB per share)

-0.07

-0.10

-0.07

-0.40

 

      (ii)      Diluted earnings per share

       
 

                (RMB per share)

-0.07

-0.10

-0.07

-0.40

           

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

 

Income Statement of the Parent Company

 

January to September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

   

2015

2014

2015

2014

   

(July to

(July to

(January to

(January

 

Items

September)

September)

September)

to September)

           
 

I.     Operating revenue

7,606,935

10,448,263

24,121,607

30,772,029

 

        Less:      Operating Costs

7,715,927

10,449,255

23,134,360

31,084,922

 

            Business tax and surcharges

29,078

43,118

105,137

111,900

 

            Selling expenses

137,464

263,032

497,126

775,740

 

            Administrative expenses

241,132

390,495

722,031

1,012,626

 

            Finance expenses

600,874

1,007,316

2,236,401

2,709,579

 

            Loss on assets impairment

60,984

-70,459

187,532

391,687

 

        Add:     Gains on fair value changes

       
 

            (loss stated with "-")

 

385

 

482

 

        Investment income (loss stated with "-")

-20,739

1,057,088

2,583,108

1,142,709

 

    Including:     Investment income

       
 

            from associated

       
 

            companies and

       
 

            joint ventures

-20,739

62,498

24,294

107,644

           
 

II.     Operating profit

       
 

        (loss stated with "-")

-1,199,263

-577,021

-177,872

-4,171,234

 

        Add:      Non-operating income

154,609

199,363

692,044

443,817

 

        Less:      Non-operating expenses

5,257

4,791

11,634

12,670

 

        Including:      Loss from disposal

       
 

            of non-current

       
 

            assets

871

122

884

584

           
 

III.     Total profit (total loss stated with "-")

-1,049,911

-382,449

502,538

-3,740,087

 

        Less:      Income tax expenses

-279,667

30,464

-333,296

372,765

           
 

IV.     Net profit (net loss stated with "-")

-770,244

-412,913

835,834

-4,112,852

           

   

2015

2014

2015

2014

   

(July to

(July to

(January to

(January

 

Items

September)

September)

September)

to September)

           
 

V.     Other comprehensive income

       
 

        net of tax

   

62,478

0

 

        Other comprehensive income that

       
 

            will be reclassified to profit or loss

       
 

            subsequently

   

62,478

 
 

        1.      Share of other comprehensive

       
 

            income (that will be

       
 

            reclassified to profit or loss

       
 

            subsequently) of investees

       
 

            accounted for using equity

       
 

            method

   

4,658

 
 

        2.     Gain or loss from changes in

       
 

            the fair value of available-

       
 

            for-sale financial assets

   

57,820

 
           
 

VI.      Total comprehensive income

-770,244

-412,913

898,312

-4,112,852

           

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

 

Consolidated Cash Flow Statement

 

January to September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

I.     Cash flow from operating activities:

   
 

        Cash received from product sales and

   
 

            rendering of services

103,486,571

122,018,470

 

        Refund of tax and levies received

12,450

62,690

 

        Other cash received relating to operating

   
 

            activities

891,475

1,030,799

   



       
 

        Sub-total of cash inflow from

   
 

            operating activities

104,390,496

123,111,959

   



       
 

        Cash paid for purchase of goods and

   
 

            receipt of services

91,690,940

107,612,362

 

        Cash paid to and on behalf of employees

4,522,682

4,579,969

 

        Taxes and surcharges paid

2,969,920

2,709,847

 

        Other cash paid relating to operating

   
 

            activities

2,127,504

2,891,932

   



       
 

        Sub-total of cash outflow from

   
 

            operating activities

101,311,046

117,794,110

   



       
 

        Net cash flow from operating activities

3,079,450

5,317,849

   



       

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

II.     Cash flows from investment activities:

   
 

        Cash received from recovery of investments

1,615,050

274,786

 

        Cash received from returns on investments

199,421

116,594

 

        Net cash received from disposal of fixed

   
 

            assets, intangible assets and other long-

   
 

            term assets

47,290

190,264

 

        Net cash received from disposal of

   
 

            subsidiaries and other operating entities

1,568,950

3,640,143

 

        Other cash received relating to investment

   
 

            activities

5,920,406

1,796,772

   



       
 

        Sub-total of cash inflow from investment

   
 

        activities

9,351,117

6,018,559

   



       
 

        Cash paid to acquire fixed assets, intangible

   
 

            assets and other long-term assets

6,298,423

5,777,211

 

        Cash paid for investment

840,830

104,948

 

        Net cash paid for acquisition of subsidiaries

   
 

            and other operating entities

 

36,756

 

        Net cash paid for disposal of subsidiaries

   
 

            and other operating entities

234

 
 

        Other cash paid relating to investment

   
 

            activities

175,047

2,420,610

   



       
 

        Sub-total of cash outflow from investment

   
 

            activities

7,314,534

8,339,525

   



       
 

        Net cash flows from investment activities

2,036,583

-2,320,966

   



       

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

III.     Cash flow from financing activities:

   
 

        Proceeds received from investments

7,998,472

262,277

 

        Including    : Proceeds received by subsidiaries

   
 

                from non-controlling

   
 

                shareholders' investment

101,000

262,277

 

        Cash received from borrowings

33,666,938

39,023,023

 

        Cash received from issue of debentures

18,500,000

28,461,813

 

        Other cash received relating to financing

   
 

            activities

5,329,394

889,840

   



       
 

        Sub-total of cash inflow from financing

   
 

            activities

65,494,804

68,636,953

   



       
 

            Cash paid for repayment

67,774,897

64,326,149

 

        Cash paid for dividend and profit

   
 

            distribution or interest repayment

5,073,963

4,501,471

 

            Including:      Dividend and profit paid by

   
 

                subsidiaries to non-controlling

   
 

                shareholders

19,554

 
 

        Other cash paid relating to financing

   
 

            activities

499,545

430,910

   



       
 

        Sub-total of cash outflow from financing

   
 

            activities

73,348,405

69,258,530

   



       
 

        Net cash flows from financing activities

-7,853,601

-621,577

   



       
 

IV.      Effect on cash and cash equivalents

   
 

        due to change in foreign currency

   
 

        exchange rate

236,374

125,882

       
 

V.      Net increase in cash and cash equivalents

-2,501,194

2,501,188

 

    Add:     Balance of cash and cash equivalents

   
 

            at the beginning of the period

16,268,600

11,381,695

       
 

VI.     Balance of cash and cash equivalents at

   
 

        the end of the period

13,767,406

13,882,883

       

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

 

Cash Flow Statement of the Parent Company

 

January to September 2015

   
 

Prepared by: Aluminum Corporation of China Limited*

   

 

Unit: '000    Currency: RMB    Audit type: unaudited

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

I.     Cash flow from operating activities:

   
 

        Cash received from product sales and

   
 

            rendering of services

24,065,986

35,696,527

 

        Refund of tax and levies received

5,564

14,903

 

        Other cash received relating to operating

   
 

            activities

4,634,022

645,587

   



       
 

        Sub-total of cash inflow from operating

   
 

            activities

28,705,572

36,357,017

   



       
 

        Cash paid for purchase of goods and receipt

   
 

            of services

18,472,309

30,051,383

 

        Cash paid to and on behalf of employees

2,005,171

2,804,211

 

        Taxes and surcharges paid

1,558,241

1,337,089

 

        Other cash paid relating to operating

   
 

            activities

604,241

2,762,402

   



       
 

        Sub-total of cash outflow from operating

   
 

            activities

22,639,962

36,955,085

   



       
 

        Net cash flow from operating activities

6,065,610

-598,068

   



       

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

II.   Cash flows from investment activities:

   
 

        Cash received from recovery of investments

1,615,050

528,000

 

        Cash received from returns on investments

1,631,412

1,027,691

 

        Net cash received from disposal of fixed

   
 

            assets, intangible assets and other long-

   
 

            term assets

37,939

136,520

 

        Net cash received from disposal of

   
 

            subsidiaries and other operating entities

1,568,950

3,640,143

 

        Other cash received relating to investment

   
 

            activities

2,993,963

3,895,785

   



       
 

        Sub-total of cash inflow from investment

   
 

            activities

7,847,314

9,228,139

   



       
 

        Cash paid to acquire fixed assets, intangible

   
 

            assets and other long-term assets

1,659,838

1,603,175

 

        Cash paid for investment

1,089,152

642,250

 

        Net cash paid for acquisition of subsidiaries

   
 

            and other operating entities

   
 

        Net cash paid for disposal of subsidiaries

   
 

            and other operating entities

236,370

 
 

        Other cash paid relating to investment

   
 

            activities

4,390,000

4,898,331

   



       
 

        Sub-total of cash outflow from investment

   
 

            activities

7,375,360

7,143,756

   



       
 

        Net cash flows from investment activities

471,954

2,084,383

   



       

   

2015

2014

   

January

January

 

Items

to September

to September

       
 

III.  Cash flows from financing activities:

   
 

        Proceeds received from investments

7,897,472

 
 

        Cash received from borrowings

16,530,000

22,157,000

 

        Cash received from issuance of debentures

18,500,000

26,000,000

 

        Other cash received relating to financing

   
 

            activities

4,174,815

21,000

   



       
 

        Sub-total of cash inflow from financing

   
 

        activities

47,102,287

48,178,000

   



       
 

        Cash paid for repayment of debts

50,599,251

43,175,994

 

        Cash paid for dividend and profit

   
 

            distribution or interest repayment

2,815,611

3,015,881

 

        Other cash paid relating to financing

   
 

        activities

304,759

82,500

   



       
 

        Sub-total of cash outflow from financing

   
 

            activities

53,719,621

46,274,375

   



       
 

        Net cash flows from financing activities

-6,617,334

1,903,625

   



       
 

IV.   Effect on cash and cash equivalents

   
 

        due to change in foreign currency

   
 

        exchange rate

-36,353

-96

       
 

V.   Net increase in cash and cash equivalents

-116,123

3,389,844

 

        Add: Balance of cash and cash equivalents

   
 

            at the beginning of the period

7,567,985

4,890,967

       
 

VI.  Balance of cash and cash equivalents at

   
 

        the end of the period

7,451,862

8,280,811

       

   

Head of Accounting

Legal Representative:

Person-in-charge of Accounting:

Department:

Ge Honglin

Xie Weizhi

Gao Xingfang

4.2

Audit report

   
 

   

   

By order of the Board

   

Aluminum Corporation of China Limited*

   

Xu Bo

   

Company Secretary

     

Beijing, the PRC

29 October 2015

 

As at the date of this announcement, the members of the board of directors comprise Mr. Ge Honglin, Mr. Luo Jianchuan, Mr. Liu Xiangmin and Mr. Jiang Yinggang (Executive Directors); Mr. Liu Caiming and Mr. Wang Jun (Non-executive Directors); Mr. Ma Si-hang, Frederick, Ms. Chen Lijie and Mr. Hu Shihai (Independent Non-executive Directors).

 

*    For identification purpose only

 

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.chalco.com.cn

*

Contact person: Xu Bo, Company Secretary