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+二零二一年
+Hong Kong
+INVESTOR AND MEDIA RELATIONS CONSULTANT
+iPR Ogilvy Ltd.
+Tel: (852) 2136 6185
+Fax: (852) 3170 6606
+Email: byd@iprogilvy.com
+WEBSITE
+www.byd.com
+STOCK CODE
+H Shares: 01211 (The Stock Exchange of Hong Kong Limited
+(“Hong Kong Stock Exchange”))
+A Shares: 002594 (Shenzhen Stock Exchange (“SZSE”))
+中國
+廣東省
+深圳市
+大鵬新區
+葵湧街道
+延安路一號
+國際核數師
+安永會計師事務所
+境內核數師
+安永華明會計師事務所(特殊普通合夥)
+Wanchai
+香港營業地點
+183 Queen's Road East
+17th Floor
+法定地址
+LEGAL ADDRESS
+No. 1 Yan'an Road
+Kuichong Sub-district
+Dapeng New District
+Shenzhen
+Guangdong Province
+The PRC
+INTERNATIONAL AUDITORS
+Ernst & Young
+DOMESTIC AUDITORS
+Ernst & Young Hua Ming (LLP)
+PLACE OF BUSINESS IN HONG KONG
+Unit 1712, 17th Floor
+Tower 2 Grand Central Plaza
+No. 138 Shatin Rural Committee Road
+New Territories
+Hong Kong
+HONG KONG SHARE REGISTRAR AND TRANSFER
+OFFICE
+Computershare Hong Kong Investor Services Limited
+Shops 1712-1716
+Hopewell Centre
+王傳福
+李黔
+香港
+沙田鄉事會路138號
+On behalf of the board (the “Board") of directors (the “Directors”)
+of BYD Company Limited (“BYD”or the “Company") and its
+subsidiaries(collectively referred to as the “Group”), I hereby
+present the annual report of the Group for the year ended 31
+December 2021 (the “Year” or the “Period") to you.
+In_2021, the COVID-19 pandemic continuously recurred globally.
+The international environment became more complex and severe,
+but China's economic development has shown greater resilience
+and vitality. Foreign investment and trade continued to boom, the
+transition from old economic engines to new has accelerated, and
+the hightech industry has continued to progress well, representing
+a good beginning of the “14th Five-Year Plan”. However,
+affected by the recurrence of the COVID-19, the rising prices
+of commodities and other aspects, the downward pressure on
+China's macro economy had enhanced since the second quarter.
+In general, the economy of the whole year is characterized by
+“high-to-low declining trend”, “structural differentiation" and
+“intensified pressure”. In 2021, China realized a Gross Domestic
+Product (GDP) growth rate of 8.1% year on year.
+In the automobile industry, against the backdrop of recurring
+COVID-19 outbreaks, insufficient domestic demand and tight
+supply chain, China's automobile industry achieved positive
+growth against the headwind. In the year, China recorded an
+automobile sales volume of 26.275 million units, up slightly
+by 3.8% year on year, ending a three-year downtrend since
+2018.Specifically, the new energy vehicle market achieved
+explosive growth, with annual sales reaching 3.521 million units,
+up about 1.6 times year on year, and the annual penetration
+rate climbed 8 percentage points to 13.4%. The domestic new
+energy vehicle industry has ushered in a new stage in which
+growth is driven by demands instead of policies, showing a
+good development momentum featuring increased market size
+and improved quality. In respect of the smart terminal segment,
+the shipments of smartphones and laptops continued to rise on
+a global scale. The tablet market has huge potential and the
+smart home devices sector is also developing rapidly. In terms
+of rechargeable batteries, growth in sales of global consumer
+electronics has driven up demands for upstream batteries. In
+the field of photovoltaics business, energy saving and emission
+reduction has become a global consensus, building a favorable
+environment for the development of photovoltaics industry. Under
+the general background of the “Dual-Carbon”strategic target,
+the photovoltaics application has been scaled out, which also
+contributed to the development of energy storage industry.
+致各位股東:
+本人謹代表比亞迪股份有限公司(「比亞迪」或「本公
+司」)及其附屬公司(統稱「本集團」或「集團」)董事
+會向各位股東提呈本集團截至二零二一年十二月三
+十一日止年度(「年內」或「期內」)之年報。
+二零二一年,全球疫情持續反覆,國際環境更趨複
+雜嚴峻,但中國經濟發展展現出強大的韌性及活
+力,外資外貿持續景氣,新舊動能轉換加速,高新
+技術產業持續向好,實現了「十四五」的良好開局。
+但受疫情反覆、大宗商品價格上漲等多方面因素影
+響,宏觀經濟下行的壓力自二季度起開始加大,全
+年經濟呈現出「前高後低」、「結構分化」和「壓力加
+劇」的運行特徵,全年國內生產總值同比增長8.1%。
+汽車行業,在疫情反覆、內需不足和供應鏈緊張的
+背景下,中國汽車工業逆勢實現了正增長。全年汽
+車銷量達2,627.5萬輛,同比小幅上升3.8%,結束
+了自2018年以來三年的下降局面。其中,新能源
+汽車市場呈現出爆發式增長,全年銷量達352.1萬
+輛,同比增長約1.6倍,全年滲透率大幅��升八個百
+分點至13.4%。國內新能源汽車行業從政策驅動轉
+向市場拉動的新階段,呈現出市場規模和品質雙提
+升的良好發展態勢。智能終端領域,全球智能手機
+及筆記本電腦出貨量保持增長,平板電腦市場規模
+龐大,智能家居設備正快速發展。二次充電電池領
+域,全球消費類電子產品銷量的增長帶動了市場對
+上游電池需求增加。光伏領域,節能減排成為全球
+共識,為光伏行業發展營造良好環境,在「雙碳」戰
+略目標大背景下,光伏應用規模擴大,亦帶動儲能
+行業發展。
+2021
+BWD 比亞迪股份有限公司
+BYD COMPANY LIMITED
+Stock Code 股份代號:1211
+以夢為馬
+逐光前行
+Annual Report 2021
+年報
+Company Profile
+公司簡介
+H
+BYD Company Limited ("BYD" or "the Company" together with its
+subsidiaries, “the Group"; stock code: 01211.HK, 002594.SZ) is principally
+engaged in automobile business which includes new energy vehicles
+and traditional fuel-engined vehicles, handset components and assembly
+services, as well as rechargeable battery and photovoltaics business.
+Meanwhile, with its technological superiority, the Group actively develops
+urban rail transportation business segment.
+Since the expansion of automobile business in 2003, by force of sheer
+advantages in technology accumulation and product quality control,
+the Group has achieved remarkable growth in automobile business and
+has rapidly grown into a leading manufacturer in China with self-owned
+brand. As a world pioneer in the technology innovation and promotion
+of new energy vehicles, the Group has accumulated extensive skills
+and gained leading market share in the industry as well as having the
+technology research and development advantage in the fields of the core
+components of new energy vehicles such as power batteries and power
+semiconductors, which have further strengthen the leading position of BYD
+globally.
+BYD is a high efficient, intelligent and integrated semiconductor provider,
+mainly engaged in the research and development, manufacturing and
+sales of power semiconductor, intelligent control IC, intelligent sensor and
+photoelectric semiconductor, which have wide market applications. BYD
+empowers Chinese auto level semiconductor industry to rapidly develop
+with independency and controllabililty.
+As a global leading total solution provider with high-end manufacturing
+abilities, the Group provides world renowned customers with innovative
+materials development, product design, research and development, parts
+and components, as well as manufacturing, supply chain management,
+logistics and after-sales and other one-stop services. Its products cover
+four major areas including smartphone and laptop, new intelligent product,
+automotive intelligent system and medical and health, but the Group does
+not have the product of its own brand. Its main customers include Huawei,
+Samsung, Apple, vivo, Xiaomi, iRobot and other intelligent mobile terminal
+leaders.
+Dear Shareholders,
+新界
+主席報告書
+比亞迪股份有限公司
+新城市中央廣場二期
+17樓1712室
+香港股份過戶登記處
+香港中央證券登記有限公司
+香港
+灣仔
+皇后大道東183號
+合和中心
+17樓
+1712-1716號鋪
+投資者及傳媒關係顧問
+iPR奧美公關
+電話:(852) 2136 6185
+傳真:(852) 3170 6606
+電郵:byd@iprogilvy.com
+公司網址
+www.byd.com
+股票代碼
+H股:01211(香港聯合交易所有限公司
+(「香港聯交所」))
+A 股:002594(深圳證券交易所(「深交所」))
+BYD Company Limited
+8
+Chairman's Statement
+授權代表
+Li Qian
+Wang Chuan-fu
+Dong Jun-qing
+Li Yong-zhao
+Wang Zhen
+Yang Dong-sheng (resigned with effect from 25 March 2021)
+Tang Mei (appointed with effect from 25 March 2021)
+Huang Jiang-feng
+COMPANY SECRETARY
+Li Qian
+AUDIT COMMITTEE
+Lv Xiang-yang
+Zhang Min (Chairman)
+Cai Hong-ping
+Jiang Yan-bo
+REMUNERATION COMMITTEE
+Wang Chuan-fu
+Xia Zuo-quan
+Cai Hong-ping (Chairman)
+Zhang Min
+Jiang Yan-bo
+NOMINATION COMMITTEE
+Wang Chuan-fu
+SUPERVISORS
+Jiang Yan-bo (Chairman)
+Jiang Yan-bo
+Cai Hong-ping
+69.76%
+38.52%
+2020
+2020
+二零二零年
+38.68%
+61.48%
+3
+以夢為馬
+逐光前行
+BYD Company Limited
+6
+比亞迪股份有限公司
+Corporate Information
+公司資料
+EXECUTIVE DIRECTOR
+Wang Chuan-fu
+NON-EXECUTIVE DIRECTORS
+Lv Xiang-yang
+Xia Zuo-quan
+INDEPENDENT NON-EXECUTIVE DIRECTORS
+Zhang Min
+Lv Xiang-yang
+Cai Hong-ping
+Zhang Min
+夏佐全
+蔡洪平(主席)
+張敏
+蔣岩波
+提名委員會
+王傳福
+呂向陽
+蔣岩波(主席)
+蔡洪平
+張敏
+戰略委員會
+王傳福(主席)
+呂向陽
+夏佐全
+蔡洪平
+張敏
+Annual Report 2021
+二零二一年年報
+7
+Corporate Information
+公司資料
+AUTHORISED REPRESENTATIVES
+王傳福
+薪酬委員會
+蔣岩波
+蔡洪平
+STRATEGY COMMITTEE
+Wang Chuan-fu (Chairman)
+Lv Xiang-yang
+Xia Zuo-quan
+Cai Hong-ping
+Zhang Min
+執行董事
+王傳福
+非執行董事
+夏佐全
+BYD is one of the leading rechargeable battery manufacturers in the global
+arena. As to the field of consumer batteries, the Group's li-ion batteries are
+widely used in various consumer electronic products and new intelligent
+products, major clients of which include leading consumer electronics
+manufacturers such as Samsung and Dell, as well as global leading
+professional robot brands such as Ecovacs. As to the field of power
+batteries, the Group has developed highly safe power batteries to better
+meet the urgent demand of safety in the market.
+獨立非執行董事
+張敏
+蔣岩波
+監事
+董俊卿
+李永釗
+王珍
+楊冬生(自二零二一年三月二十五日辭任)
+唐梅(自二零二一年三月二十五日獲委任)
+黃江鋒
+公司秘書
+李黔
+審核委員會
+呂向陽
+張敏(主席)
+蔡洪平
+In September 2008, MidAmerican Energy Holdings Company (now
+renamed as Berkshire Hathaway Energy), a subsidiary of Berkshire
+Hathaway, reached agreement with the Company, pursuant to which,
+MidAmerican Energy Holdings Company acquired 225 million H Shares
+of the Company, (representing approximately 7.73% of the Company's
+total capital as of 31 December 2021), becoming the Group's long term
+investment strategic partner. In June 2011, the Company made an IPO of
+79 million RMB ordinary shares (A shares) which were listed on the SME
+Board of Shenzhen Stock Exchange ("the Shenzhen Stock Exchange").
+呂向陽
+比亞迪股份有限公司(「比亞迪」或「本公司」,連同其附屬
+公司統稱「本集團」或「集團」;股份代號:H股:01211;A
+股:002594)主要從事包含新能源汽車及傳統燃油車在內
+的汽車業務、手機部件及組裝業務,二次充電電池及光伏
+業務,同時利用自身的技術優勢積極拓展城市軌道交通業
+務領域。
+RMB'000
+RMB'000
+人民幣千元
+人民幣千元
+55,198,289
+55,004,194
+controlling interests)
+(扣除非控股權益)
+Total assets
+資產總值
+295,780,147
+201,017,321
+195,641,593
+194,571,077 178,099,430
+Gearing ratio (%) (Note)
+Current ratio (times)
+資本負債比率(%)(附註)
+流動比率(倍)
+-15
+69
+104
+93
+0.97
+1.05
+二零一七年
+0.99
+二零一八年
+2017
+母公司擁有人
+3,045,188
+4,234,267
+1,614,450
+2,780,194
+4,066,478
+of the parent
+應佔溢利
+Net profit margin (%)
+淨利潤率(%)
+1.4
+2.8
+1.3
+2.3
+4.0
+As at 31 December
+於十二月三十一日
+Net assets (less non-
+淨資產值
+2021
+二零二一年
+RMB'000
+人民幣千元
+95,069,671
+2020
+二零二零年
+RMB'000
+人民幣千元
+56,874,274
+2019
+2018
+二零一九年
+RMB'000
+人民幣千元
+56,762,289
+0.99
+0.98
+Receivables turnover
+二次充電電池及光伏
+Mobile handset components, assembly service and
+other products
+手機部件、組裝及其他產品
+Automobiles and related products, and other products
+汽車、汽車相關產品及其他產品
+51.90%
+2021
+2021
+40.49%
+53.40%
+2020
+2020
+二零二零年
+二零二一年
+按客戶所在地劃分的營業額
+REVENUE BREAKDOWN BY LOCATIONS OF
+CUSTOMERS
+PRC (including Hong Kong, Macau and Taiwan)
+中國(包括港澳台地區)
+Overseas
+境外
+30.24%
+New energy vehicles and urban rail transportation businesses are
+important areas for BYD's future development. With its strong technology
+accumulations and superior quality standard in related business areas,
+the Group will actively develop the application of new energy vehicles
+and urban rail transportation products at home and abroad to facilitate the
+Group's long-term and sustainable development.
+Rechargeable Batteries and Photovoltaic
+7.63%
+17.29%
+REVENUE BREAKDOWN BY PRODUCT CATEGORIES 按產品類別劃分的營業額
+應收款項轉天數
+100
+141
+190
+189
+192
+(days) (Note)
+(日)(附註)
+Inventory turnover (days)
+存貨週轉天數(日)
+74
+Profit attributable to owners
+83
+82
+81
+Note: Gearing ratio = Total borrowings net of cash and cash
+equivalents/net assets (less minority interests)
+Receivables include trade receivables, receivables financing,
+contract assets, accounts due from associates and joint
+ventures, accounts due from related parties.
+附註: 資本負債比率=總借貸扣除現金及現金等價值
+物/淨資產值(扣除少數股東權益)
+應收類款項包含應收貿易賬款、應收款項融
+資、合同資產、應收聯營及合營公司、應收關
+聯方款項。
+Annual Report 2021
+二零二一年年報
+Financial Highlights
+財務摘要
+92
+17
+124
+15
+Report of the Supervisory Committee
+92
+Independent Auditor's Report
+101
+Consolidated Statement of Profit or Loss
+102
+Consolidated Statement of Comprehensive Income
+103
+Consolidated Statement of Financial Position
+財務摘要
+公司資料
+主席報告書
+管理層討論與分析
+董事、監事及高級管理層
+企業管治報告
+董事會報告
+監事會報告
+獨立核數師報告書
+合併損益表
+合併綜合收益表
+90
+Report of the Directors
+71
+Corporate Governance Report
+自二零零三年拓展汽車業務以來,憑藉集團產品領先的技
+術及具備國際標準的卓越質量,集團的汽車業務實現高速
+增長,迅速成長為領先的中國自主品牌汽車廠商。作為全
+球新能源汽車研發和推廣的引領者,集團於新能源汽車領
+域擁有雄厚的技術積累、領先的市場份額,並具備了在新
+能源汽車核心零部件如動力電池、功率半導體等領域的技
+術研發優勢,奠定了比亞迪於全球新能源汽車領域的行業
+領導地位。
+比亞迪是高效、智能、集成的半導體供應商,主要從事功
+率半導體、智能控制IC、智能傳感器及光電半導體的研
+發、生產及銷售,產品市場應用廣闊,助力實現中國車規
+級半導體產業的自主安全可控和全面快速發展。
+作為全球領先的平台型高端製造龍頭廠商,本集團為全球
+知名客戶提供新材料開發、產品設計與研發、零組件及整
+機製造、供應鏈管理、物流及售後等一站式服務,產品覆
+蓋智能手機及筆電、新型智能產品、汽車智能系統、醫療
+健康四大領域,但不生產自有品牌的整機產品。該業務的
+主要客戶包括華為、三星、蘋果、vivo、小米、iRobot等
+智能移動終端領導廠商。
+比亞迪為全球領先的二次充電電池製造商之一。消費類電
+池領域,本集團生產的鋰離子電池廣泛應用於各類消費類
+電子產品及新型智能產品領域,主要客戶包括三星、Dell
+等消費類電子產品領導廠商,以及科沃斯等全球領先的機
+器人專業智造品牌廠商。動力電池領域,本集團開發了高
+度安全的動力電池,更好解決市場安全痛點。
+二零零八年九月,Berkshire Hathaway旗下附屬公司
+MidAmerican Energy Holdings Company(中美能源控股
+公司,現更名為Berkshire Hathaway Energy)與本公司簽
+署協議,認購本公司2.25億股H股(佔截至二零二一年十二
+月三十一日本公司總股本約7.73%),成為集團的長期投資
+戰略夥伴。二零一一年六月,公司首次向中國社會公眾公
+開發行人民幣普通股(A股)7,900萬股並在深圳證券交易所
+(「深交所」)中小企業板上市。
+新能源汽車和城市軌道交通業務是比亞迪未來發展的重要
+範疇,憑藉自身在相關業務領域的技術和品質優勢,集團
+將積極拓展新能源汽車及城市軌道交通產品於國內外的應
+用,推動集團的長遠及可持續發展。
+15
+目錄
+2
+合併財務狀況表
+Financial Highlights
+Corporate Information
+8
+Chairman's Statement
+2021
+14
+Management Discussion and Analysis
+39
+Directors, Supervisors and Senior Management
+53
+6
+106
+Contents
+121,790,925
+121,778,117
+2020
+二零二零年
+RMB'000
+人民幣千元
+153,469,184
+2019
+2018
+2017
+二零一九年
+RMB'000
+人民幣千元
+二零一八年
+RMB'000
+人民幣千元
+二零一七年
+RMB'000
+Consolidated Statement of Changes in Equity
+11
+毛利率(%)
+Gross profit margin (%)
+17,935,074
+18,066,764
+18,075,993
+27,243,591
+23,632,561
+毛利
+人民幣千元
+211,299,918
+營業額
+102,650,614
+Revenue
+312
+Five Year Financial Summary
+合併現金流量表
+財務報表附註
+五年財務摘要
+Gross profit
+Consolidated Statement of Cash Flows
+108
+Notes to Financial Statements
+2
+18
+BYD Company Limited
+比亞迪股份有限公司
+Financial Highlights
+財務摘要
+FIVE-YEAR COMPARISON OF KEY FINANCIAL FIGURES
+五年主要財務數據之比較
+For the year ended 31 December
+截至十二月三十一日止年度
+2021
+二零二一年
+RMB'000
+人民幣千元
+合併權益變動表
+112
+As the assessment process is relatively complicated and
+involves significant estimates, which may be affected
+by unexpected future market and economic conditions,
+impairment assessment of non-financial non-current assets
+was considered as a key audit matter during the year.
+獨立核數師報告書
+Independent auditor's report
+95
+Key audit matter
+關鍵審核事項
+Annual Report 2021
+二零二一年年報
+BYD Company Limited
+Details of the impairment assessment are disclosed in
+notes 2.4,3,14 and 18 to the consolidated financial
+statements.
+Independent auditor's report
+比亞迪股份有限公司
+96
+評估減值測試中管理層使用的假設的恰當性(包括收
+入增長、利潤率、預測期等);
+覆核合併財務報表中相關披露的充分性和完整性。
+disclosures included in the consolidated financial
+statements.
+Reviewed the sufficiency and completeness of
+通過追溯審閱過往管理層預測的準確性及預測未來的
+經濟形勢,及現時市場表現的吻合度來評估所使用的
+假設及參數:
+reviewing the forecasted future economic trend
+and corroborating the assumptions with current
+market trend;
+management's forecasts made historically,
+Evaluated the assumptions and parameters
+by retrospectively reviewing the accuracy of
+通過引入內部估值專家,評估假設以及參數的恰當
+性,其中包括:折現率、可持續增長率等;
+Involved internal valuation experts to assist in
+evaluating the appropriateness of assumptions
+and parameters, including discount rates,
+terminal growth rates, etc.;
+How our audit addressed the key audit matter
+該事項在審核中是如何應對
+減值評估的詳情披露於合併財務報表附註2.4、3、14、18。
+由於評估的過程比較複雜並且涉及重大估計,或會受非預期未
+來市場狀況以及經濟狀況的影響,故非金融非流動資產減值
+評估被視為本年的關鍵審核事項。
+Evaluated the appropriateness of management's
+assumptions used in the impairment test
+(including revenue growth, profit margin, forecast
+periods, etc);
+KEY AUDIT MATTERS
+checked the reasonableness of identification of
+CGUS and impairment test model;
+Key audit matters are those matters that, in our professional
+judgement, were of most significance in our audit of the
+consolidated financial statements of the current year. These
+matters were addressed in the context of our audit of the
+consolidated financial statements as a whole, and in forming our
+opinion thereon, and we do not provide a separate opinion on
+these matters. For each matter below, our description of how our
+audit addressed the matter is provided in that context.
+We have fulfilled the responsibilities described in the Auditor's
+responsibilities for the audit of the consolidated financial
+statements section of our report, including in relation to these
+matters. Accordingly, our audit included the performance of
+procedures designed to respond to our assessment of the risks
+of material misstatement of the consolidated financial statements.
+The results of our audit procedures, including the procedures
+performed to address the matters below, provide the basis for
+our audit opinion on the accompanying consolidated financial
+statements.
+意見基礎
+我們乃根據香港會計師公會頒佈的《香港審核準則》
+進行審核。我們就該等準則須承擔的責任在本報告
+之核數師就審核合併財務報表須承擔的責任一節中
+詳述。根據香港會計師公會的《專業會計師職業道德
+守則》(「《守則》」),我們獨立於貴集團,並已根據
+《守則》履行其他道德責任。我們相信,我們已取得
+充分而恰當的審核憑證,足以為我們的審核意見提
+供基礎。
+關鍵審核事項
+根據我們的專業判斷,關鍵審核事項為我們審核本
+年度合併財務報表中最重要的事項。這些事項的應
+對以審核整體合併財務報表及形成意見為背景,我
+們不會就此等事項單獨發表意見。我們就以下各事
+項在審核中是如何處理的描述也以此為背景。
+我們已履行本報告之核數師就審核合併財務報表
+須承擔的責任一節中所述的責任(包括有關該等事
+項)。相應地,我們審核中包括執行有關程序,旨在
+對合併財務報表的重大錯誤陳述的風險評估作出反
+應。審核程序的結果(包括用於處理以下事項的程
+序)為隨附合併財務報表的審核意見提供基礎。
+94
+BYD Company Limited
+比亞迪股份有限公司
+Independent auditor's report
+獨立核數師報告書
+與管理層討論非金融非流動資產減值跡象並審查現
+金產生單位識別及減值測試模型的合理性;
+Key audit matter
+Impairment assessment of non-financial non-current
+assets
+How our audit addressed the key audit matter
+該事項在審核中是如何應對
+非金融非流動資產減值評估
+獨立核數師報告書
+The Group recorded property, plant and equipment
+of RMB75,545,128,000 and other intangible assets
+of RMB10,049,904,000,which included capitalised
+development costs of RMB9,644,705,000 as at 31
+December 2021 in the consolidated financial statements.
+The management assessed whether there were any
+indicators of impairment for all non-financial non-current
+assets at 31 December 2021. Non-current assets with
+impairment indicators and development costs were tested
+for impairment. Management calculated the recoverable
+amounts of cash-generating units (CGUs),which are the
+higher of the fair value less costs of disposal and the
+value in use in the impairment test. The calculation of the
+recoverable amounts involved significant judgements and
+assumptions, such as revenue from future sales, gross
+profit margin, operational costs, terminal growth rates,
+discount rates, etc.
+截至二零二一年十二月三十一日, 貴集團於合併財務報表中錄
+得物業、廠房及設備金額人民幣75,545,128,000元及其他無形
+資產人民幣10,049,904,000元(其中包括資本化開發成本人民
+幣9,644,705,000元)。管理層對於二零二一年十二月三十一日
+所有非金融非流動資產評估是否存在任何發生減值的跡象。存
+在減值跡象的非流動資產以及開發成本已進行減值測試。管理
+層計算減值測試中現金產生單位的可收回金額,即公允價值減
+出售成本與使用價值之較高者。可回收金額的計算涉及重大判
+斷及假設,如未來銷售收入、毛利率、運營成本、可持續增長
+率及折現��等。
+We performed the following audit procedures, among
+others, in relation to the impairment assessment of non-
+financial non-current assets:
+我們對非金融非流動資產減值評估執行(其中包括)以下審
+核程序:
+Obtained an understanding of key internal
+controls of impairment assessment and their
+design and operating effectiveness;
+了解減值評估的關鍵內部控制及其設計和運行有效
+性;
+Discussed with management on the impairment
+indicators of non-financial non-current assets and
+關鍵審核事項
+Key audit matter
+獨立核數師報告書
+Provision for expected credit losses on trade
+receivables, contract assets and long-term
+receivables
+The directors of the Company are responsible for the other
+information. The other information comprises the information
+included in the Annual Report, other than the consolidated
+financial statements and our auditor's report thereon.
+貴公司董事對其他信息承擔責任。其他信息包括年
+度報告中除合併財務報表及本核數師報告之外的信
+息。
+Our opinion on the consolidated financial statements does not
+cover the other information and we do not express any form of
+assurance conclusion thereon.
+In connection with our audit of the consolidated financial
+statements, our responsibility is to read the other information and,
+in doing so, consider whether the other information is materially
+inconsistent with the consolidated financial statements or our
+knowledge obtained in the audit or otherwise appears to be
+materially misstated. If, based on the work we have performed,
+we conclude that there is a material misstatement of this other
+information, we are required to report that fact. We have nothing
+to report in this regard.
+我們對合併財務報表作出的意見並未涵蓋其他信
+息,且我們不對其他信息發表任何形式的核證結論。
+就審核合併財務報表而言,我們的責任是閱讀其他
+信息,從而考慮其他信息是否與合併財務報表或我
+們在審核過程中獲悉的情況存在重大不符,或似乎
+存在重大錯誤陳述。倘我們基於已完成的工作,認
+為其他信息出現重大錯誤陳述,我們須報告該事
+實。我們就此並無任何事項須予報告。
+BYD Company Limited
+98
+合理核證屬高層次的核證,但不能保證按《香港審核
+準則》進行的審核始終能夠發現所有存在的重大錯誤
+陳述。錯誤陳述可源於欺詐或錯誤,倘合理預期其
+個別或整體影響合併財務報表使用者作出的經濟決
+定,則有關的錯誤陳述可視為重大。
+我們的目標是對整體合併財務報表是否不存在由於
+欺詐或錯誤而導致的重大錯誤陳述取得合理核證,
+並出具包含我們意見的核數師報告。我們的報告僅
+為全體股東編製,而並不可作其他目的。我們不會
+就本報告的內容向任何其他人士負責或承擔責任。
+核數師就審核合併財務報表須承擔的責任
+審核委員會協助貴公司董事履行監督貴集團的
+財務報告過程的責任。
+於編製合併財務報表時, 貴公司董事須負責評
+估 貴集團持續經營的能力,並披露與持續經營有
+關的事項(如適用),以及使用以持續經營為基礎的
+會計法,除非貴公司董事有意將貴集團清盤或
+停止營運,或並無其他實際可行的替代方案。
+貴公司董事須負責根據香港會計師公會頒佈的《香港
+財務報告準則》及《香港公司條例》的披露規定真實
+公允地編製合併財務報表,以及維持董事認為必要
+的有關內部控制,以確保編製合併財務報表時不存
+在由於欺詐或錯誤而導致的重大錯誤陳述。
+董事就合併財務報表須承擔的責任
+Reasonable assurance is a high level of assurance, but is
+not a guarantee that an audit conducted in accordance with
+HKSAS will always detect a material misstatement when it exists.
+Misstatements can arise from fraud or error and are considered
+material if, individually or in the aggregate, they could reasonably
+be expected to influence the economic decisions of users taken
+on the basis of these consolidated financial statements.
+Our objectives are to obtain reasonable assurance about whether
+the consolidated financial statements as a whole are free from
+material misstatement, whether due to fraud or error, and to
+issue an auditor's report that includes our opinion. Our report is
+made solely to you, as a body and for no other purpose. We do
+not assume responsibility towards or accept liability to any other
+person for the contents of this report.
+AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF
+THE CONSOLIDATED FINANCIAL STATEMENTS
+The directors of the Company are assisted by the Audit Committee
+in discharging their responsibilities for overseeing the Group's
+financial reporting process.
+In preparing the consolidated financial statements, the directors
+of the Company are responsible for assessing the Group's ability
+to continue as a going concern, disclosing, as applicable, matters
+related to going concern and using the going concern basis of
+accounting unless the directors of the Company either intend to
+liquidate the Group or to cease operations or have no realistic
+alternative but to do so.
+The directors of the Company are responsible for the preparation
+of the consolidated financial statements that give a true and fair
+view in accordance with HKFRSS issued by the HKICPA and the
+disclosure requirements of the Hong Kong Companies Ordinance,
+and for such internal control as the directors determine is
+necessary to enable the preparation of consolidated financial
+statements that are free from material misstatement, whether due
+to fraud or error.
+RESPONSIBILITIES OF THE DIRECTORS FOR THE
+CONSOLIDATED FINANCIAL STATEMENTS
+獨立核數師報告書
+Independent auditor's report
+比亞迪股份有限公司
+年度報告所包含的其他信息
+關鍵審核事項
+重新計算及核查管理層對應收貿易賬款、合同資產及
+長期應收賬款的預期信貸虧損所作的撥備以確保算術
+準確性。
+就按撥備矩陣評估信貸風險的應收貿易賬款而言,評
+估對根據客戶類型及過往產生的虧損得出的預期信貸
+虧損模型的估計的合理性;
+How our audit addressed the key audit matter
+該事項在審核中是如何應對
+應收貿易賬款、合同資產及長期應收賬款的預期信貸虧
+損撥備
+As at 31 December 2021, trade receivables amounted
+to_RMB35,593,138,000,long-term receivables amounted
+to RMB1,168,475,000 and contract assets amounted to
+RMB8,493,382,000,which accounted for a significant
+portion of the consolidated financial statements.
+於二零二一年十二月三十一日,應收貿易賬款人民幣
+35,593,138,000元、長期應收賬款人民幣1,168,475,000元及
+合同資產人民幣8,493,382,000元,對合併財務報表而言屬重
+大部分。
+Management uses a provision matrix to calculate the
+expected credit losses for trade receivables, long-term
+receivables and contract assets. The application of the
+provision matrix requires to consider all reasonable and
+reliable information, including customers' credit risks,
+aging of receivables, existence of disputes and historic
+payments, as well as forecasts of future economic
+conditions. The groupings of various customer segments
+and the estimation of expected credit loss rate involve
+significant judgements and estimates.
+管理層採用撥備矩陣計算應收貿易賬款、長期應收賬款及合同
+資產的預期信貸虧損。應用撥備矩陣需要考慮所有合理且有依
+據的資料,包括客戶信貸風險、應收賬款賬齡、是否存在回款
+糾紛、以往付款歷史,以及對未來經濟狀況的預測。各個客戶
+分部的分組及對預期信貸虧損率的估計涉及重大判斷及估計。
+Details of the provision for expected credit losses on trade
+receivables, contract assets and long-term receivables are
+disclosed in notes 2.4, 3, 25, 28 and 29 to the consolidated
+financial statements.
+應收貿易賬款、合同資產及長期應收賬款的預期信貸虧損撥備
+詳情披露於合併財務報表附註2.4、3、25、28及29。
+We performed the following procedures, among others,
+in relation to the provision for expected credit losses:
+我們對預期信貸虧損撥備執行(其中包括)以下程序:
+Obtained an understanding of key internal
+controls of the provision for expected
+credit losses and its design and operating
+effectiveness;
+了解預期信貸虧損撥備的關鍵內部控制及其設計和運
+行有效性;
+Discussed with management on the identification
+of customer segments and estimates on expected
+credit losses, reviewed their accuracy based
+on historical incurred losses, and evaluated
+the reasonableness of management's expected
+credit loss model considering current economic
+conditions;
+與管理層就識別客戶分組及對預期信貸虧損的估計進
+行討論,根據過往產生的虧損檢討其準確性,並鑒於
+當前經濟狀況評估管理層預期信貸虧損模型的合理
+性;
+For trade receivables with individually assessed
+credit risk exposure, discussed with management
+on the reasonableness of identification and
+analysed the recoverability of such receivables;
+就個別評估信貸風險的應收貿易賬款而言,與管理層
+討論識別的合理性及分析有關應收賬款的可收回性;
+Annual Report 2021
+二零二一年年報
+97
+Independent auditor's report
+Key audit matter
+關鍵審核事項
+How our audit addressed the key audit matter
+該事項在審核中是如何應對
+OTHER INFORMATION INCLUDED IN THE ANNUAL
+REPORT
+For trade receivables with credit risk exposure
+assessed based on provision matrix, evaluated
+the reasonableness of estimates on the expected
+credit loss model based on type of customers
+and historical incurred losses;
+Recalculated and checked management's
+provision for expected credit losses on trade
+receivables, contract assets and long-term
+receivables to ensure mathematical accuracy.
+We conducted our audit in accordance with Hong Kong
+Standards on Auditing (“HKSAs") issued by the HKICPA. Our
+responsibilities under those standards are further described in the
+Auditor's responsibilities for the audit of the consolidated financial
+statements section of our report. We are independent of the Group
+in accordance with the HKICPA's Code of Ethics for Professional
+Accountants (the “Code”), and we have fulfilled our other ethical
+responsibilities in accordance with the Code. We believe that the
+audit evidence we have obtained is sufficient and appropriate to
+provide a basis for our opinion.
+二零二一年三月二十九日,在公司召開監事
+會會議,會議審議通過公司二零二零年年度
+報告。
+獨立核數師報告書
+BYD Company Limited
+90
+比亞迪股份有限公司
+Report of the Supervisory Committee
+監事會報告
+In 2021, in accordance with the principle of being accountable
+to all shareholders, the Supervisory Committee of the Company
+fully complied with the duties to supervise and ensure that the
+resolutions as passed in general meetings were consistently
+implemented, the legal interest of shareholders was protected
+and the duties conferred under the Articles of Association and
+in the general meetings were completed in accordance with
+the Company Law, the Articles of Association and the relevant
+provisions, facilitating a disciplined operation and sustainable
+development of the Company.
+1. MEETINGS OF THE SUPERVISORY COMMITTEE
+DURING THE REPORTING PERIOD AND
+RESOLUTIONS PASSED IN SUCH MEETINGS
+On 29 March 2021, the Supervisory Committee convened
+its meeting at the office of the Company, where the annual
+report of the Company for 2020 was considered and
+approved accordingly.
+On 28 April 2021, the Supervisory Committee convened
+its meeting at the office of the Company, where the first
+quarterly report of the Company for 2021 was considered
+and approved accordingly.
+89
+On 10 May 2021, the Supervisory Committee convened its
+meeting at the office of the Company, where the Matter on
+Spin-off and Listing of BYD Semiconductor on the ChiNext
+Board was considered and approved accordingly.
+its meeting at the office of the Company, where the interim
+report of the Company for 2021 was considered and
+approved accordingly.
+On 28 October 2020, the Supervisory Committee convened
+its meeting at the office of the Company, where the third
+quarterly report of the Company for 2021 was considered
+and approved accordingly.
+二零二一年度公司監事會根據《公司法》、《公司章
+程》及有關法規的規定,本著對全體股東負責的精
+神,認真履行了監督的職責,確保股東大會決議的
+貫徹落實,維護了股東的合法權益,完成了《公司章
+程》和股東大會賦予的任務,對公司規範運作和持續
+發展發揮了較好的作用。
+1.
+報告期內監事會的會議情況和決議內
+容
+二零二一年四月二十八日,在公司召開監事
+會會議,會議審議通過公司二零二一年第一
+季度報告。
+二零二一年五月十日,在公司召開監事會會
+議,會議審議通過關於分拆比亞迪半導體至
+創業板上市的相關事宜。
+二零二零年八月二十七日,在公司召開監事
+會會議,會議審議通過公司二零二一年中期
+報告。
+On 27 August 2020, the Supervisory Committee convened
+中國深圳,二零二二年三月二十九日
+王傳福
+Shenzhen, PRC, 29 March 2022
+BASIS FOR OPINION
+Annual Report 2021
+二零二一年年報
+Report of the Directors
+董事會報告
+The aggregate gross proceeds from the 2nd Placing are
+approximately HK$13,800 million and the net proceeds (after
+deduction of the commissions and estimated expenses) from the
+2nd Placing are approximately HK$13,744 million; the net_price
+(after deduction of the commissions and estimated expenses)
+raised per H Share is approximately HK$274.9. The net proceeds
+from the 2nd Placing are intended to be used by the Group to
+supplement its working capital, repay interest-bearing debt, invest
+in research and development and as general corporate purpose.
+As at 31 December 2021,the Group has fully utilised the net
+proceeds of approximately RMB11,297 million from the 2nd
+Placing (excluding the investment income from exchange rate
+fluctuation and interest of deposits), of which (i) approximately
+RMB10,877 million was used in investment in research
+and development and general corporate purpose; and (ii)
+approximately RMB420 million was used for repayment of interest-
+bearing debt.
+As at 31 December 2021, the net proceeds from the 2nd Placing
+I have been fully utilised as intended and there is no material
+change between the intended and actual use of proceeds.
+Accordingly, as at 31 December 2021, the Group has fully utilized
+the net proceeds of approximately RMB36,232 million from the two
+Placings for the year as intended, among which (i) approximately
+RMB22,370 million was used for research and development
+investment and general corporate purposes; (ii) approximately
+RMB9,216_million was used to repay interest-bearing debt; and
+(iii) approximately RMB4,646 million was used by the Group to
+supplement its working capital.
+The aforementioned two rounds of placing offers the Company
+a good opportunity to optimise its capital structure and financial
+structure for its business. Further, the Company will be able to
+enrich its shareholder base by attracting a number of high calibre
+investors to participate in the Placing.
+Save as disclosed in this annual report, the Company did not have
+any other fund-raising activity during the year ended 31 December
+2021 and up to the date of this report.
+配售所得款項總額約為13,800百萬港元,於扣除
+佣金和估計費用後,配售所得款項淨額預計約為
+13,744百萬港元;每股H股所籌集之淨額(扣除佣金
+和估計費用後)約為274.9港元。配售所得款項淨額
+擬用作本集團補充營運資金、償還帶息債務、研發
+投入以及一般企業用途。
+截至二零二一年十二月三十一日止,本集團已悉數
+動用第二輪配售事項所得款項淨額約人民幣11,297
+百萬元,不包含匯率波動造成的投資收益及存款利
+息,其中(i)約人民幣10,877百萬元用於研發投入及
+一般企業用途;(ii)約人民幣420百萬元用於償還帶
+息債務。
+截至二零二一年十二月三十一日,第二輪配售事項
+所得款項淨額已全部按計劃使用完畢,實際用途與
+計劃不存在重大差異。
+因此,截至二零二一年十二月三十一日止,本集團
+已悉數動用年內兩次配售事項所得款項淨額約人民
+幣36,232百萬元,其中(i)約人民幣22,370百萬元用
+於研發投入及一般企業用途;(ii)約人民幣9,216百
+萬元用於償還帶息債務;及(iii)約人民幣4,646百萬
+元用於補充本集團營運資金。
+上述兩輪配售為本公司在業務機會中提供優化資本
+結構和財務結構的良機,亦通過吸引若干高品質機
+構投資者參與配售,進一步豐富本公司股東基礎。
+除本年度報告所披露者外,於截至二零二一年十二
+月三十一日止年度及截至本報告日期內,本公司並
+無進行任何其他集資活動。
+On behalf of the Board
+承董事會命
+Wang Chuan-fu
+Chairman
+二零二零年十月二十八日,在公司召開監事
+會會議,會議審議通過公司二零二一年第三
+季度報告。
+Annual Report 2021
+二零二一年年報
+主席
+91
+監事會主席
+董俊卿
+二零二二年三月二十九日
+92
+BYD Company Limited
+比亞迪股份有限公司
+Independent auditor's report
+獨立核數師報告書
+To the shareholders of BYD Company Limited
+OPINION
+We have audited the consolidated financial statements of
+BYD Company Limited (the “Company") and its subsidiaries
+(the “Group”) set out on pages 101 to 311,which comprise
+the consolidated statement of financial position as at 31
+December 2021, and the consolidated statement of profit or
+loss, the consolidated statement of comprehensive income, the
+consolidated statement of changes in equity and the consolidated
+statement of cash flows for the year then ended, and notes to
+the consolidated financial statements, including a summary of
+significant accounting policies.
+In our opinion, the consolidated financial statements give a
+true and fair view of the consolidated financial position of the
+Group as at 31 December 2021, and of its consolidated financial
+performance and its consolidated cash flows for the year then
+ended in accordance with Hong Kong Financial Reporting
+Standards ("HKFRSS") issued by the Hong Kong Institute of
+Certified Public Accountants ("HKICPA") and have been properly
+prepared in compliance with the disclosure requirements of the
+Hong Kong Companies Ordinance.
+致比亞迪股份有限公司股東
+(於中華人民共和國註冊成立的股份有限公司)
+意見
+本核數師已完成審核比亞迪股份有限公司(「貴公
+司」)及其附屬公司(「貴集團」)載於第101頁至第
+311頁的合併財務報表,此合併財務報表包括二零
+二一年十二月三十一日的合併財務狀況表、截至該
+日止年度的合併損益表、合併綜合收益表、合併權
+益變動表及合併現金流量表,以及合併財務報表附
+註,包括主要會計政策概要。
+我們認為,合併財務報表已按照香港會計師公會頒
+佈的《香港財務報告準則》真實公允地反映貴集團
+於二零二一年十二月三十一日的合併財務狀況,以
+及 貴集團截至該日止年度的合併財務業績及合併
+現金流量,並根據《香港公司條例》的披露要求妥為
+編製。
+Annual Report 2021
+二零二一年年報
+93
+Report of the Supervisory Committee
+Independent auditor's report
+29 March 2022
+Dong Jun-qing
+(Registered in the People's Republic of China with limited liability)
+During the reporting period, the Supervisory Committee
+of the Company performed its supervisory functions in
+a fiduciary manner. The Supervisory Committee duly
+supervised and examined the Company's financial
+situation, the Board of Directors' execution of the
+resolutions passed in general meetings, operational
+decisions of the management, the operations of the
+Company in compliance with the laws, the acts of the
+Directors, supervisors and senior management of the
+Company, and the related party transactions entered into
+with its controlling shareholder. The Supervisory Committee
+considered that:
+2.
+Chairman of the Supervisory Committee
+PROGRESS OF THE WORK OF THE
+2.
+報告期內監事會的工作情況
+SUPERVISORY COMMITTEE DURING THE
+REPORTING PERIOD
+(1) The operating activities of the Company and its
+controlling subsidiaries in 2021 did not violate the
+Company Law, the Articles of Association, financial
+accounting procedures and the laws and regulations
+of the PRC.
+(2)
+During the discharge of their duties in 2021,the
+Directors, supervisors and senior management of
+the Company fulfilled their fiduciary duties by acting
+lawfully, regularized management, explored for
+innovation, with discipline to protect the interests of
+all the shareholders of the Company. None of the
+parties named above was found in breach of the
+Company Law, the Articles of Association or the
+laws and regulations of the PRC.
+(1)
+在本報告期内,公司監事會忠實履行了監督
+職能,對公司的財務、董事會執行股東大會
+決議的情況、管理層的經營決策、公司的依
+法運作、公司董事、監事及高級管理人員的
+經營行為與控股股東的關聯交易進行了認真
+的監督和檢查,公司監事會認為:
+公司及其控股子公司在二零二一年度
+的經營活動中不存在違反《公司法》、
+《公司章程》、財務會計制度及國家法
+律、法規的行為。
+(2)
+公司董事、監事及高級管理人員在二
+零二一年度行使職責時,能忠於職
+守、守法經營、規範管理、開拓創
+新、尊重和維護了全體股東的利益,
+不存在違反《公司法》、《公司章程》
+及國家法律、法規的行為。
+(3)
+The auditor presented an unqualified auditor's
+report. The report indicates that the financial
+statements give a true and fair view of the financial
+status and operating results of the Company.
+(3)
+會計師事務所出具了無保留意見的審
+計報告。該報告認為本公司的財務報
+表真實、公允地反映公司財務狀況及
+經營成果。
+The Supervisory Committee is confident in the prospect of the
+Company and will proceed to carry out effective supervision on
+the operation of the Company to safeguard the interests of the
+shareholders and the Company as a whole.
+監事會對本公司的前景充滿信心,同時將一如既往
+地對本公司運作實施有效監督,維護股東及本公司
+的整體利益。
+監事會報告
+(51,559)
+2,728,143 20,018,081* 4,813,476*
+於二零二零年十二月三十一日
+(21,170) (72,729)
+(446,911)*
+Share
+(16,704)
+34,230
+4,086* 4,449,500*
+其他
+(69,085)
+(242,049)* 24,455,356* 1,094,592 56,874,274
+Statutory
+At 1 January 2021
+Profit for the year
+Attributable to owners of the parent
+母公司擁有人應佔
+Fair value
+reserve of
+financial
+assets
+at fair value
+Share
+At 31 December 2020
+7,579,638 64,453,912
+Others
+100,000
+4,086
+premium
+63,622
+36,378
+16,427
+(20,689)
+(4,262)
+(12,493)
+(12,493)
+(12,493)
+53,718
+20,580 74,298
+(222,987)
+(222,987)
+(222,987)
+(163,689)
+(163,689)
+(54,776) (218,465)
+Appropriation to statutory surplus reserve fund 轉撥至法定盈餘公積金
+378,184
+(378,184)
+Appropriation to reserve funds
+轉撥至儲備金
+4,086
+4,086
+through other
+102
+surplus Exchange
+RMB'000
+人民幣千元 人民幣千元人民幣千元 人民幣千元 人民幣千元
+非控股權益
+RMB'000
+人民幣千元
+權益總額
+RMB'000
+人民幣千元
+1,779,696
+母公司的普通股
+13
+權益持有人
+應佔每股盈利
+基本及攤薄
+- 年度溢利
+3,967,266
+6,013,963
+1.06
+1.47
+BYD Company Limited
+比亞迪股份有限公司
+Consolidated Statement of Comprehensive Income
+合併綜合收益表
+Year ended 31 December 2021
+(3,300,000)
+總額
+Capital comprehensive
+永續債
+RMB'000
+波動儲備
+RMB'000
+Reserve
+reserve fluctuation Retained Perpetual
+capital
+account
+reserve
+股本
+RMB'000
+人民幣千元
+股份溢價帳
+RMB'000
+人民幣千元
+資本儲備
+RMB'000
+人民幣千元
+income
+以公允價值
+計量並計入
+其他綜合收益
+的金融資產的
+公允價值儲備
+RMB'000
+人民幣千元
+funds
+fund reserve profits
+loans
+Total
+Non-controlling
+interests equity
+Total
+法定
+外匯
+儲備金
+盈餘公積金
+RMB'000
+人民幣千元
+RMB'000
+保留溢利
+RMB'000
+(3,300,000) (3,300,000)
+surplus Exchange
+1,780,184
+comprehensive income
+Other non-current financial assets
+Deferred tax assets
+Total non-current assets
+其他非流動金融資產
+遞延稅項資產
+非流動資產總值
+22
+39
+233,972
+1,913,316
+284,896
+1,768,975
+129,669,958 89,412,211
+CURRENT ASSETS
+Inventories
+流動資產
+存貨
+24
+43,354,782 31,396,358
+Contract assets
+合同資產
+28
+8,493,382
+5,346,105
+Trade receivables
+應收貿易賬款
+25
+綜合收益的權益投資
+1,420,080
+2,913,836
+21
+預付款項、其他應收賬款及
+18 27
+65,914
+10,049,904
+65,914
+10,107,776
+18,378,849
+2,670,118
+其他資產
+Due from joint ventures and associates
+應收合營公司及聯營公司款項
+47(C)
+174,762
+Long-term receivables
+長期應收賬款
+35,593,138
+29
+1,804,913
+Investments in joint ventures
+於合營公司的投資
+19
+6,814,229
+4,442,807
+Investments in associates
+於聯營公司的投資
+20
+1,090,772
+1,022,781
+Equity investments at fair value through other
+以公允價值計量並計入其他
+1,168,475
+17
+39,307,896
+應收款項融資
+24
+429,041
+30
+30
+109,109
+49,819,860
+277,491
+13,738,498
+166,110,189
+111,605,110
+BYD Company Limited
+104
+比亞迪股份有限公司
+Consolidated Statement of Financial Position
+合併財務狀況表
+31 December 2021
+二零二一年十二月三十一日
+CURRENT LIABILITIES
+流動負債
+2021
+2020
+二零二一年
+Notes
+附註
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Trade and bills payables
+應付貿易賬款及票據
+31,600
+528,128
+30
+2,900,852
+3,434,820
+26
+8,743,126
+8,862,340
+Prepayments, other receivables and
+other assets
+預付款項、其他應收賬款及
+其他資產
+27
+15,038,908
+5,911,685
+Due from joint ventures and associates
+應收合營公司及聯營公司款項
+47(c)
+Due from other related parties
+Receivables financing
+應收其他關聯方款項
+持作出售已竣工物業
+Derivative financial instruments
+衍生金融工具
+Pledged deposits
+已抵押存款
+Restricted bank deposits
+Cash and cash equivalents
+Total current assets
+流動資產總值
+受限制銀行存款
+現金及現金等價物
+23333
+2,137,183
+49,006
+2,211,967
+Completed property held for sale
+31
+其他無形資產
+7,527,852
+換算境外業務產生的匯兌差額
+(68,270)
+(57,989)
+Net other comprehensive loss that
+其後期間可能重新分類至
+(31,456)
+(70,340)
+may be reclassified to profit or loss in
+損益的其他綜合虧損淨額
+subsequent periods
+Other comprehensive income/(loss) that
+will not be reclassified to profit or loss in
+subsequent periods:
+Equity investments at fair value through other
+comprehensive income:
+Changes in fair value
+Income tax effect
+其後期間不會重新分類至
+損益的其他綜合
+收益/(虧損):
+以公允價值計量並計入其他
+21
+綜合收益的權益投資:
+公允價值變動
+所得稅影響
+533,089
+(73,867)
+(502,223)
+63,644
+Exchange differences on translation of
+foreign operations
+匯兌差額:
+Exchange differences:
+(12,351)
+截至二零二一年十二月三十一日止年度
+PROFIT FOR THE YEAR
+年度溢利
+OTHER COMPREHENSIVE INCOME/(LOSS)
+其他綜合收益/(虧損)
+Other comprehensive income/(loss)
+that may be reclassified to profit or loss in
+subsequent periods:
+Receivables financing:
+Changes in fair value
+Impairment losses
+其後期間可能重新分類
+至損益的其他綜合
+459,222
+收益/(虧損):
+應收款項融資:
+Notes
+附註
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+3,967,266
+6,013,963
+26
+42,702
+(12,680)
+(5,888)
+329
+36,814
+公允價值變動
+減值虧損
+商譽
+(438,579)
+其後期間不會重新分類至
+2020
+二零二一年
+二零二零年
+Notes
+附註
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+NON-CURRENT ASSETS
+非流動資產
+Property, plant and equipment
+物業、廠房及設備
+14
+Investment properties
+投資物業
+15
+75,545,128
+87,500
+58,201,882
+94,217
+Right-of-use assets
+Goodwill
+Other intangible assets
+Prepayments, other receivables and
+other assets
+使用權資產
+16(a)
+11,233,301
+2021
+二零二一年十二月三十一日
+31 December 2021
+合併財務狀況表
+459,222
+(438,579)
+will not be reclassified to profit or loss in
+subsequent periods
+損益的其他綜合
+收益/(虧損)淨額
+OTHER COMPREHENSIVE INCOME/(LOSS)
+FOR THE YEAR, NET OF TAX
+年度其他綜合收益/(虧損)
+扣除稅項
+427,766
+(508,919)
+TOTAL COMPREHENSIVE INCOME FOR
+THE YEAR
+年度綜合收益總額
+4,395,032
+5,505,044
+Net other comprehensive income/(loss) that
+Attributable to:
+Non-controlling interests
+應佔:
+母公司擁有人
+3,477,199
+3,724,860
+非控股權益
+917,833
+1,780,184
+4,395,032
+5,505,044
+Annual Report 2021
+二零二一年年報
+103
+Consolidated Statement of Financial Position
+Owners of the parent
+5,505,044
+Other payables and accruals
+32
+Total
+interests
+equity
+以公允價值
+計量並計入
+其他綜合收益
+股本
+RMB'000
+股份溢價賬
+資本儲備
+RMB'000
+RMB'000
+人民幣千元
+人民幣千元人民幣千元
+的金融資產的
+公允價值儲備
+RMB'000
+人民幣千元
+法定
+外匯
+儲備金
+RMB'000
+人民幣千元
+盈餘公積金
+波動儲備
+保留溢利
+永續債
+總計
+非控股權益
+權益總額
+RMB'000
+RMB'000
+RMB'000
+RMB'000
+RMB'000
+Total
+loans
+profits
+reserve
+Attributable to owners of the parent
+母公司擁有人應佔
+Fair value
+reserve of
+financial
+assets
+106
+比亞迪股份有限公司
+BYD Company Limited
+合併權益變動表
+Year ended 31 December 2021
+截至二零二一年十二月三十一日止年度
+Consolidated Statement of Changes in Equity
+at fair value
+人民幣千元 人民幣千元
+Statutory
+through other
+922,078
+Share
+premium
+Capital comprehensive
+Reserve
+Retained Perpetual
+Non-controlling
+capital account
+reserve
+income
+funds
+fund
+Share
+104,244,209 64,453,912
+人民幣千元 人民幣千元
+人民幣千元
+RMB'000
+Total comprehensive income for the year
+換算海外業務的
+匯兌差額
+(58,477)
+(58,477)
+488 (57,989)
+年度綜合收益總額
+Repayment of perpetual loan (note 43(b))
+償還永續債(附註43(b))
+Addition to non-controlling interests
+添置非控股權益
+63,622
+Acquisition of non-controlling interests
+收購非控股權益
+16,427
+Disposal of a subsidiary
+出售附屬公司
+Equity-settled share option arrangements
+以權益結算的購股權安排
+53,718
+Perpetual loan interest paid
+已付永續債利息
+2019 final dividend
+二零一九年末期股息
+(450,930)
+(58,477) 4,234,267
+3,724,860
+Exchange differences on translation of
+foreign operations
+income, net of tax
+at fair value through other comprehensive
+Change in fair value of equity investments
+人民幣千元
+(note 40)
+(note 42)
+(附註40)
+(附註42)
+於二零二零年一月一日
+年度溢利
+2,728,143 20,018,081 4,645,479
+4,019
+4,100,513
+(183,572) 21,055,034 4,394,592 56,762,289
+4,234,267
+5,839,131 62,601,420
+4,234,267
+1,779,696 6,013,963
+RMB'000
+人民幣千元
+應收款項融資公允
+以公允價值計量並計入其他
+綜合收益的權益投資的
+公允價值變動,扣除稅項
+(12,351)
+(438,579)
+(12,351)
+(12,351)
+(438,579)
+(438,579)
+At 1 January 2020
+Profit for the year
+Other comprehensive income/(loss) for the year: 年度其他綜合收益/(虧損):
+Change in fair value of receivables
+financing
+價值變動
+其他應付款項及應計費用
+7,579,638
+95,069,671 56,874,274
+2,398,177
+應付其他關聯方款項
+47(C)
+84,150
+137,566
+應付稅項
+862,531
+564,498
+撥備
+36
+2,355,564
+1,938,689
+Total current liabilities
+流動負債總額
+171,303,944 106,430,696
+NET CURRENT (LIABILITIES)/ASSETS
+流動(負債)/資產淨額
+(5,193,755) 5,174,414
+TOTAL ASSETS LESS CURRENT LIABILITIES 資產總值減流動負債
+124,476,203
+94,586,625
+NON-CURRENT LIABILITIES
+非流動負債
+Interest-bearing bank and other borrowings
+計息銀行及其他借款
+35
+10,789,958 23,625,954
+1,636,828
+47(c)
+應付合營公司及聯營公司款項
+Provision
+79,043,879 49,791,630
+49,410,880
+15,536,057
+Lease liabilities
+租賃負債
+16(b)
+248,428
+168,507
+Derivative financial instruments
+衍生金融工具
+33
+57,541
+Advances from customers
+預收客戶賬款
+Lease liabilities
+1,300
+Contract liabilities
+合同負債
+34
+14,721,038
+8,185,888
+Interest-bearing bank and other borrowings
+計息銀行及其他借款
+35
+22,939,346
+27,644,643
+Due to joint ventures and associates
+Due to other related parties
+Tax payable
+7,500
+9,174,538
+租賃負債
+1,415,291
+股本
+Share capital
+Reserves
+Perpetual loans
+Non-controlling interests
+Total equity
+儲備
+永續債
+非控股權益
+權益總額
+Wang Chuan-fu
+王傳福
+Lv Xiang-yang
+呂向陽
+2021
+2020
+Notes
+附註
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+40 42 43
+2,911,143
+2,728,143
+92,158,528 53,051,539
+1,094,592
+母公司擁有人應佔權益
+Equity attributable to owners of the parent
+權益
+EQUITY
+843,286
+Deferred tax liabilities
+遞延稅項負債
+39
+609,566
+393,150
+Deferred income
+遞延收入
+38
+4,481,036
+2,269,176
+Other liabilities
+其他負債
+16(b)
+37
+3,001,147
+Total non-current liabilities
+非流動負債總額
+20,231,994 30,132,713
+Net assets
+資產淨值
+104,244,209
+64,453,912
+Annual Report 2021
+二零二一年年報
+105
+Consolidated Statement of Financial Position
+合併財務狀況表
+31 December 2021
+二零二一年十二月三十一日
+2,936,143
+非控股權益
+reserve fluctuation
+3,045,188
+6,283
+(560,788)
+560,788
+(609,380)
+(185,931)
+(423,449)
+(423,449)
+(61,600)
+(61,600)
+(61,600)
+116,389
+32,240
+84,149
+(10,518)
+10,518
+(1,100,000)
+(1,094,592) (1,100,000)
+941,928
+941,928
+-
+36,231,731
+36,231,731
+4,395,032
+917,833
+3,477,199
+3,045,188
+(64,025)
+Others
+496,036
+At 31 December 2021
+These reserve accounts comprise the consolidated reserves of
+二零二零年
+RMB'000
+二零二一年
+RMB'000
+人民幣千元
+附註
+Notes
+2020
+2021
+二零二一年十二月三十一日
+31 December 2021
+合併現金流量表
+Consolidated Statement of Cash Flows
+比亞迪股份有限公司
+108
+BYD Company Limited
+107
+Annual Report 2021
+二零二一年年報
+о
+該等儲備賬包括合併財務狀況表的合併儲備人民幣
+92,158,528,000元(二零二零年:人民幣53,051,539,000元)
+9,174,538 104,244,209
+95,069,671
+(130,086)
+(100,652)
+6,283
+6,283
+(29,434)
+49,125*
+(29,434)
+10,369* 5,010,288* (306,074)* 26,454,707*
+RMB92,158,528,000 (2020: RMB53,051,539,000) in the consolidated statement
+of financial position.
+於二零二一年十二月三十一日 2,911,143 56,066,812* 4,873,301*
+人民幣千元
+(68,270)
+(64,025)
+Change in fair value of equity investments
+Change in fair value of receivables
+financing
+Other comprehensive income/(loss) for the year: 年度其他綜合收益/(虧損):
+合併權益變動表
+Year ended 31 December 2021
+截至二零二一年十二月三十一日止年度
+Consolidated Statement of Changes in Equity
+459,222
+459,222
+36,814
+36,814
+459,222
+36,814
+變動
+應收款項融資公允價值
+922,078 3,967,266
+3,045,188
+64,453,912
+7,579,638
+(242,049)* 24,455,356* 1,094,592 56,874,274
+3,045,188
+4,449,500*
+4,086*
+(446,911)*
+2,728,143 20,018,081* 4,813,476*
+於二零二一年一月一日
+年度溢利
+(附註42)
+(附註40)
+at fair value through other comprehensive
+(4,245)
+income, net of tax
+Total comprehensive income for the year
+(64,025)
+其他
+轉撥至儲備金
+Appropriation to reserve funds
+Appropriation to statutory surplus reserve fund 轉撥至法定盈餘公積金
+二零二零年末期股息
+2020 final dividend
+已付永續債利息
+Perpetual loan interest paid
+Equity-settled share option arrangements
+Acquisition of non-controlling interests
+以權益結算的購股權安排
+收購非控股權益
+84,149
+10,518
+(5,408)
+償還永續債(附註43(b))
+添置非控股權益
+183,000 36,048,731
+發行股份(附註40)
+年度綜合收益總額
+公允價值變動,扣除稅項
+換算海外業務的匯兌
+差額
+綜合收益的權益投資的
+以公允價值計量並計入其他
+Repayment of perpetual loan (note 43(b))
+Addition of non-controlling interests
+Issue of shares (note 40)
+Exchange differences on translation of
+foreign operations
+(note 42)
+CASH FLOWS FROM OPERATING ACTIVITIES
+Profit before tax
+(32,550)
+應收長期賬款減值淨額
+Impairment of long-term receivables, net
+17,324
+(22,144)
+6
+財務擔保減值(轉回)/
+虧損淨額
+(Reversal)/impairment of financial guarantee, net
+35,366
+40,490
+應收合營公司及聯營公司
+款項減值淨額
+Impairment of amounts due from joint ventures and
+associates, net
+329
+(5,888)
+應收款項融資減值(轉回)/
+虧損淨額
+financing, net
+(Reversal)/impairment losses on receivables
+648,770
+408,122
+2,685
+499,218
+707,703
+2,574
+9,272,924
+328,265
+2,914,802
+441,051
+2,760,122
+10,904,635
+4618615
+物業、廠房及設備折舊
+49,907
+(3,065)
+Impairment of contract assets, net
+56,479
+24,241,706
+20,929,711
+4,086
+6,283
+42
+儲備金變動
+74,297
+116,389
+以權益結算的購股開支
+Changes in reserve funds
+Equity-settled share option expense
+5,885
+212
+6
+物業、廠房及設備減值
+Impairment of property, plant and equipment
+應收賬款減值淨額
+191,932
+44
+預付款項、按金及其他
+Impairment of prepayments, deposits and
+other receivables, net
+187,061
+93,081
+6
+其他無形資產減值
+Impairment of other intangible assets
+4,234,267
+合同資產減值淨額
+經營活動產生的現金流量
+(48)
+51,267
+(131,786)
+來自以公允價值計量的
+銀行利息收入
+溢利及虧損
+融資成本
+調整:
+Depreciation of investment properties
+Write-down of inventories to net realisable value
+Amortisation of other intangible assets
+Depreciation of property, plant and equipment
+from lessors
+Covid-19-related rent concessions
+Loss/(gain) on disposal of investments in joint ventures
+Gain on derecognition of financial products and
+financial instruments
+Fair value (gains)/losses, net
+Loss on disposal of subsidiaries
+Loss on disposal of items of non-current assets
+Government grants and subsidies
+Dividend income from equity investments at
+fair value
+Bank interest income
+Share of profits and losses of joint ventures
+and associates
+Finance costs
+Adjustments for:
+Impairment of trade receivables, net
+Depreciation of right-of-use assets
+6,882,587
+4,518,003
+除稅前溢利
+權益投資的股息收入
+460
+政府補助及補貼
+出售附屬公司的虧損
+9,076
+1,191
+(47,356)
+(176,344)
+375,662
+(394,438)
+(374,511)
+112,802
+(90,792)
+(2,233)
+(214,613)
+(631,841)
+6666
+55
+186,837
+3,123,801
+1,907,642
+145,295
+分佔合營公司及聯營公司
+8
+貿易應收款項減值淨額
+投資性房地產折舊
+撇減存貨至可變現淨值
+其他無形資產攤銷
+使用權資產折舊
+租金優惠
+新冠肺炎相關的出租人
+虧損/(收益)
+出售於合營公司的投資
+終止確認金融產品及金融工具
+的收益
+公允價值(收益)/虧損淨值
+出售非流動資產項目的虧損
+(note 40)
+214,366
+聯營公司
+23,632,561 27,243,591
+57
+終止確認以攤銷成本計量的
+金融及合同資產的減值虧損
+行政開支
+研究與開發成本
+政府補助及補貼
+銷售及分銷成本
+其���收入及收益
+Impairment losses on financial and
+Administrative expenses
+Research and development costs
+Selling and distribution expenses
+Government grants and subsidies
+Other income and gains
+Gross profit
+(187,667,357) (126,225,593)
+211,299,918 153,469,184
+5
+人民幣千元
+RMB'000
+RMB'000
+人民幣千元
+附註
+Notes
+二零二零年
+二零二一年
+2020
+2021
+毛利
+銷售成本
+3,009,737
+2,263,485
+1,700,078
+1,688,142
+(6,081,678) (5,055,613)
+contract assets
+Loss on derecognition of financial assets
+(88,765)
+(299,523)
+measured at amortised cost
+Other expenses
+金融資產的虧損
+其他開支
+(1,986,631) (2,056,691)
+Finance costs
+融資成本
+8
+(1,907,642) (3,123,801)
+Share of profits and losses of:
+收入
+Joint ventures
+分佔溢利及虧損:
+合營公司
+(211,276) (198,955)
+65,981
+12,118
+(7,990,974) (7,464,861)
+PROFIT BEFORE TAX
+除稅前溢利
+6
+4,518,003
+6,882,587
+Income tax expense
+所得稅開支
+11
+Associates
+(444,553) (1,166,268)
+Year ended 31 December 2021
+截至二零二一年十二月三十一日止年度
+Consolidated Statement of Profit or Loss
+識別及評估由於欺詐或錯誤而導致合併財務
+報表存在重大錯誤陳述的風險,設計及執行
+審核程序以應對該等風險,以及獲得充足及
+適當的審核憑證,以為我們的意見提供基
+礎。由於欺詐可能涉及串謀、偽造、故意遺
+漏、虛假陳述或凌駕於內部控制之上,因此
+未能發現由此造成的重大錯誤陳述比未能發
+現因錯誤而導致的重大錯誤陳述的風險更
+高
+(868,624)
+PROFIT FOR THE YEAR
+年度溢利
+3,967,266
+6,013,963
+Attributable to:
+Owners of the parent
+Non-controlling interests
+EARNINGS PER SHARE ATTRIBUTABLE
+TO ORDINARY EQUITY HOLDERS OF
+THE PARENT
+Basic and diluted
+•
+- For profit for the year
+母公司擁有人
+13
+•
+作為我們根據《香港審核準則》進行審核的一部分,
+我們在整個審核過程中作出專業判斷並抱持職業懷
+疑態度。我們亦:
+Conclude on the appropriateness of the directors' use of
+the going concern basis of accounting and, based on the
+audit evidence obtained, whether a material uncertainty
+exists related to events or conditions that may cast
+significant doubt on the Group's ability to continue as a
+going concern. If we conclude that a material uncertainty
+exists, we are required to draw attention in our auditor's
+report to the related disclosures in the consolidated
+financial statements or, if such disclosures are inadequate,
+to modify our opinion. Our conclusions are based on the
+audit evidence obtained up to the date of our auditor's
+report. However, future events or conditions may cause the
+Group to cease to continue as a going concern.
+Evaluate the appropriateness of accounting policies used
+and the reasonableness of accounting estimates and
+related disclosures made by the directors.
+Obtain an understanding of internal control relevant to
+the audit in order to design audit procedures that are
+appropriate in the circumstances, but not for the purpose
+of expressing an opinion on the effectiveness of the
+Group's internal control.
+Identify and assess the risks of material misstatement of
+the consolidated financial statements, whether due to fraud
+or error, design and perform audit procedures responsive
+to those risks, and obtain audit evidence that is sufficient
+and appropriate to provide a basis for our opinion. The
+risk of not detecting a material misstatement resulting
+from fraud is higher than for one resulting from error, as
+fraud may involve collusion, forgery, intentional omissions,
+misrepresentations, or the override of internal control.
+As part of an audit in accordance with HKSAS, we exercise
+professional judgement and maintain professional scepticism
+throughout the audit. We also:
+獨立核數師報告書
+Independent auditor's report
+99
+Annual Report 2021
+二零二一年年報
+應佔:
+合併損益表
+了解與審核有關的內部控制,以設計適當的
+審核程序,但並非旨在對貴集團內部控制的
+有效性發表意見。
+對董事採用以持續經營為基礎的會計法的恰
+當性作出結論,並根據已獲取的審核憑證,
+就可能導致對貴集團持續經營能力產生重大
+疑慮的事項或情況是否存在重大不確定因素
+得出結論。倘我們認為存在重大不確定因
+素,則我們須在核數師報告中注意合併財務
+報表的相關資料披露,或倘相關資料披露不
+足,則修訂我們的意見。我們的結論是基於
+截至核數師報告日止所取得的審核憑證。然
+而,未來事件或情況可能導致貴集團不再持
+續經營。
+101
+Annual Report 2021
+二零二一年年報
+Cost of sales
+REVENUE
+二零二二年三月二十九日
+香港
+執業會計師
+29 March 2022
+Hong Kong
+Certified Public Accountants
+本獨立核數師報告的審核項目合夥人是周文樂。
+我們通過與審核委員會溝通,確定哪些是本年度合
+併財務報表審核工作的最重要事項,即��鍵審核事
+項。除非法律或法規不容許公開披露此等事項或在
+極罕有的情況下,我們認為披露此等事項可合理預
+期的不良後果將超過公眾知悉此等事項的利益而不
+應在報告中予以披露,否則我們會在核數師報告中
+描述此等事項。
+我們亦向審核委員會作出聲明,確認我們已遵守有
+關獨立性的道德要求,並就所有被合理認為可能影
+響核數師獨立性的關係和其他事宜以及所採取的消
+除威脅的行動或所應用的保障措施(如適用)與審核
+委員會進行溝通。
+評估董事採用會計政策的恰當性,以及作出
+會計估計及相關披露的合理性。
+我們就審核工作的計劃範圍和時間及審核過程中識
+別的重大審核發現(包括任何內部控制的重大缺失)
+及其他事項與審核委員會進行溝通。
+評估合併財務報表(包括資料披露)的整體列
+報方式、架構及內容,以及合併財務報表是
+否已公允地反映及列報相關交易及事項。
+BYD Company Limited
+100
+比亞迪股份有限公司
+Independent auditor's report
+獨立核數師報告書
+就貴集團內各實體或業務活動的財務資料
+獲得充足適當的審核憑證,以就合併財務報
+表發表意見。我們須負責指導、監督和執
+行 貴集團的審核工作。我們須為我們的審
+核意見承擔全部責任。
+Evaluate the overall presentation, structure and content
+of the consolidated financial statements, including the
+disclosures, and whether the consolidated financial
+statements represent the underlying transactions and
+events in a manner that achieves fair presentation.
+We communicate with the Audit Committee regarding, among
+other matters, the planned scope and timing of the audit and
+significant audit findings, including any significant deficiencies in
+internal control that we identify during our audit.
+We also provide the Audit Committee with a statement that we
+have complied with relevant ethical requirements regarding
+independence and to communicate with them all relationships
+and other matters that may reasonably be thought to bear on our
+independence, and where applicable, actions taken to eliminate
+threats or safeguards applied.
+From the matters communicated with the Audit Committee, we
+determine those matters that were of most significance in the
+audit of the consolidated financial statements of the current
+year and are therefore the key audit matters. We describe these
+matters in our auditor's report unless law or regulation precludes
+public disclosure about the matter or when, in extremely rare
+circumstances, we determine that a matter should not be
+communicated in our report because the adverse consequences
+of doing so would reasonably be expected to outweigh the public
+interest benefits of such communication.
+The engagement partner on the audit resulting in this independent
+auditor's report is M.L. Chau.
+(550,737)
+Obtain sufficient appropriate audit evidence regarding the
+financial information of the entities or business activities
+within the Group to express an opinion on the consolidated
+financial statements. We are responsible for the direction,
+supervision and performance of the group audit. We remain
+solely responsible for our audit opinion.
+(5,742,242) (4,395,630)
+31 December 2021
+二零二一年十二月三十一日
+110
+合併現金流量表
+Increase in accruals and deferred income
+其他資產(增加)/減少
+合同資產(增加)/減少
+(3,203,756)
+1,426,148
+應收合營公司及聯營公司款項減少
+1,082,385
+1,665,513
+應收關聯方款項增加
+(49,006)
+長期應收賬款減少/(增加)
+668,988
+(614,479)
+持作出售已竣工物業減少
+預收客戶款項(減少)/增加
+應付貿易賬款及票據增加
+688,885
+465,064
+(6,200)
+Increase in other payables and accruals
+Increase in trade and bills payables
+(Decrease)/increase in advances from customers
+Decrease in a completed property held for sale
+180,900
+342,575
+3,316,228
+110,391
+Decrease/(increase) in receivables financing
+應收款項融資減少/(增加)
+156,911
+(1,874,187)
+5,500
+(Increase)/decrease in prepayments, other receivables and
+(3,215,632)
+1,521,832
+(Increase)/decrease in contract assets
+other assets
+Decrease in amounts due from
+joint ventures and associates
+Increase in amounts due from related parties
+Decrease/(increase) in long-term receivables
+預付款項、其他應收賬款及
+2021
+29,148,874
+其他應付款項及應計費用增加
+應計款項遞延收入增加
+65,089,336
+45,627,375
+Interest received
+已收利息
+Tax paid
+已付稅項
+631,841
+(254,495)
+214,613
+(449,320)
+Net cash flows from operating activities
+經營活動產生的現金流量淨額
+65,466,682
+45,392,668
+BYD Company Limited
+比亞迪汽車有限公司
+比亞迪股份有限公司
+Consolidated Statement of Cash Flows
+經營產生的現金
+Cash generated from operations
+114,495
+416,875
+19,265,980
+2,631,298
+2,587,885
+433,573
+(Decrease)/increase in amounts due to joint ventures
+and associates
+應付合營公司及聯營公司款項
+(468,656)
+1,151,578
+16,997,459
+(減少)/增加
+合同負債增加
+6,535,150
+3,683,961
+(Decrease)/increase in amounts due to related parties
+Increase in provision for warranties
+應付關聯方款項(減少)/增加
+擔保撥備增加
+(53,416)
+26,709
+Increase in contract liabilities
+受限制銀行存款減少
+應收貿易賬款減少
+2020
+二零二零年
+RMB'000
+人民幣千元
+融資活動產生/(所用)的
+現金流量凈額
+16,062,517
+(28,907,418)
+NET INCREASE IN CASH AND CASH EQUIVALENTS
+Cash and cash equivalents at beginning of year
+Effect of foreign exchange rate changes, net
+現金及現金等價物增加淨額
+年初現金及現金等價物
+匯率變動影響淨額
+36,125,207
+2,041,002
+13,738,498
+(43,845)
+11,674,297
+23,199
+CASH AND CASH EQUIVALENTS AT END OF YEAR
+年末現金及現金等價物
+49,819,860
+13,738,498
+BYD Company Limited
+112
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+Net cash flows from/(used in) financing activities
+(3,046)
+2,800,000
+收取轉讓予非控股投資者的股份
+收購非控股權益
+(4,000,000)
+(2,198,416)
+(1,948,323)
+(3,244,577)
+(61,600)
+(222,987)
+941,928
+Dividends paid to non-controlling shareholders
+已付非控股股東股息
+(185,931)
+(54,776)
+1.
+Dividends paid to owners of the parent
+(423,449)
+(163,689)
+Increase in restricted bank deposits and pledged deposits
+Lease payments
+受限制銀行存款及已抵押存款增加
+(111,605)
+(73,321)
+支付的租賃款項
+(270,762)
+(153,877)
+Receipt of shares transfer to non controlling investors
+Acquisition of non-controlling interests
+已付母公司擁有人股息
+非控股股東投資
+CORPORATE AND GROUP INFORMATION
+BYD Company Limited (the “Company") is a joint stock
+limited liability company registered in the People's
+Republic of China (the “PRC”). The Company's H shares
+have been listed on The Stock Exchange of Hong Kong
+Limited since 31 July 2002. The registered office of the
+Company is located at Yan An Road, Kuichong, Dapeng
+District, Shenzhen, Guangdong Province, the PRC.
+products, rail transit equipment and medical protection
+products.
+PRC/
+RMB6,160,000,000
+100%
+Mainland China 人民幣6,160,000,000元
+深圳市比亞迪鋰電池公司
+(「比亞迪鋰電池」)**
+Shanghai BYD Co., Ltd.
+(“BYD SH”)***
+上海比亞迪有限公司
+中國/
+中國內地
+PRC/
+US$63,500,000
+75%
+25%
+Mainland China
+63,500,000美元
+中國/
+(「比亞迪上海」)***
+中國內地
+BYD Auto Co., Ltd.
+PRC/
+RMB4,381,313,131
+BYD Lithium Batteries Co., Ltd.
+(“BYD Li-ion”)**
+Indirect
+間接
+主要業務
+Principal activities
+Information about subsidiaries
+Particulars of the Company's principal subsidiaries are as
+follows:
+1.
+公司及集團資料
+比亞迪股份有限公司(「本公司」)為一間在中
+華人民共和國(「中國」)註冊成立的股份有
+限公司。本公司的H股股份自二零零二年七
+月三十一日起在香港聯合交易所有限公司上
+市。本公司的註冊辦事處位於中國廣東省深
+圳市大鵬新區葵涌鎮延安路。
+本公司及其附屬公司(統稱「本集團」)主要從
+事二次充電電池及光伏產品、汽車及相關產
+品、手機部件及其他電子產品、軌道設備及
+抗疫物資的研究、開發、製造及銷售。
+有關附屬公司的資料
+本公司主要附屬公司的詳情如下:
+Place of
+incorporation/
+registration and
+The principal activities of the Company and its subsidiaries
+(collectively referred to as the “Group") are the research,
+development, manufacture and sale of rechargeable
+batteries and photovoltaic products, automobiles and
+related products, handset components and other electronic
+business
+registered
+share capital
+Percentage of
+equity attributable
+to the Company
+Name
+名稱
+註冊成立/登記及
+業務地點
+已發行普通/
+註冊股本
+本公司應佔
+權益百分比
+Direct
+直接
+Issued ordinary/
+二零二一年
+RMB'000
+人民幣千元
+已付永續債利息
+償還債券
+(5,786,159)
+(1,435,461)
+Dividend received from equity investments
+已收權益投資股息
+2,233
+13,126
+Dividend received from joint ventures and associates
+已收合營公司及聯營公司股息
+27,331
+22,690
+Proceeds from disposal of items of property,
+plant and equipment and other intangibles assets
+出售物業、廠房及設備項目及
+其他無形資產所得款項
+826,389
+258,977
+Purchases of equity investments designated at
+fair value through other comprehensive income
+Gain on derecognition of financial products
+Purchases of equity investments designated at
+fair value through profit or loss
+Net cash flows used in investing activities
+Decrease in equity investments designated at fair value
+購買指定以公允價值計量並計入
+其他綜合收益的權益投資
+以公允價值計量的權益投資減少
+終止確認金融產���的收益
+金融產品增加
+(1,322,671)
+(2,798,668)
+其他無形資產增加
+CASH FLOWS FROM INVESTING ACTIVITIES
+投資活動產生的現金流量
+Purchases of items of property, plant and equipment
+購入物業、廠房及設備項目
+(9,861,601)
+(5,964,464)
+Increase in non-current prepayments
+非流動預付款項增加
+(21,410,143)
+(4,247,600)
+Additions in prepaid land lease payments include
+(790,868)
+計入使用權資產的預付土地
+(239,359)
+in right-of-use assets
+Disposal of subsidiaries
+Disposal of joint ventures and associates
+Additions to other intangible assets
+Increase in financial products
+租賃費增加
+出售附屬公司
+222,329
+出售合營公司及聯營公司
+97,828
+48
+(3,273,197)
+已付利息
+25,960
+77,666
+131,786
+Proceeds from issue of corporate bonds
+Corporate bond issue expenses
+Repayment of super short-term debentures
+New bank loans and other borrowings
+公司債券發行所得款項
+公司債券發行開支
+(140,060)
+2,000,000
+(4,283)
+償還超短期融資券
+(5,000,000)
+新增銀行貸款及其他借款
+32,872,379
+40,633,747
+Repayment of bank loans and other borrowings
+償還銀行貸款及其他借款
+Repayment of perpetual loans
+(45,878,805) (59,925,239)
+(1,100,000) (3,300,000)
+Repayment of bond
+Interest paid
+Perpetual loan interest paid
+Investment from a non-controlling shareholder
+償還永續債
+Share issue expense
+36,371,791
+人民幣千元
+RMB'000
+Capital contributions to joint ventures and associates
+向合營公司及聯營公司出資
+購買指定以公允價值計量並計入
+損益的權益投資
+(2,673,460)
+(1,597,014)
+(62,500)
+(239,800)
+投資活動所用現金流量淨額
+(45,403,992)
+(14,444,248)
+Annual Report 2021
+二零二一年年報
+Consolidated Statement of Cash Flows
+148,362
+合併現金流量表
+二零二一年十二月三十一日
+111
+CASH FLOWS FROM FINANCING ACTIVITIES
+Proceeds from issue of shares
+融資活動產生的現金流量
+發行股份所得款項
+股份發行開支
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+31 December 2021
+(6,701,761)
+已發行普通/
+存貨增加
+Basis of consolidation
+Despite the Group's net current liabilities of approximately
+RMB5,193,755,000 as at 31 December 2021, the
+consolidated financial statements have been prepared on
+a going concern basis because the directors are of the
+view that the Group has sufficient cash flows and credit
+facilities in the foreseeable future to enable it to continue
+its operations and meet its liabilities as and when they fall
+due.
+These financial statements have been prepared in
+accordance with Hong Kong Financial Reporting Standards
+(“HKFRSs”)(which include all Hong Kong Financial
+Reporting Standards, Hong Kong Accounting Standards
+(“HKASs”) and Interpretations) issued by the Hong Kong
+Institute of Certified Public Accountants ("HKICPA"),
+accounting principles generally accepted in Hong Kong
+and the disclosure requirements of the Hong Kong
+Companies Ordinance. They have been prepared under
+the historical cost convention, except for certain equity
+investments at fair value through other comprehensive
+income, other non-current financial assets, receivables
+financing and derivative financial instruments, which have
+been measured at fair value. These financial statements are
+presented in Renminbi ("RMB") and all values are rounded
+to the nearest thousand except when otherwise indicated.
+2.1 BASIS OF PREPARATION
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+115
+Annual Report 2021
+二零二一年年報
+該等附屬公司均由比亞迪國際(本公司
+附屬公司之一)全資擁有。
+^
+These subsidiaries were wholly owned by BYD Int'l, one
+of the Company's subsidiaries.
+^
+該等附屬公司根據中國法律註冊為外商
+獨資企業。
+****
+The consolidated financial statements include the financial
+statements of the Group for the year ended 31 December
+2021. A subsidiary is an entity (including a structured
+entity),directly or indirectly,controlled by the Company.
+Control is achieved when the Group is exposed, or has
+rights, to variable returns from its involvement with the
+investee and has the ability to affect those returns through
+its power over the investee (i.e., existing rights that give
+the Group the current ability to direct the relevant activities
+of the investee).
+These subsidiaries are registered as wholly-foreign-
+owned enterprises under PRC law.
+2.1
+此等財務報表乃按照由香港會計師公會(「香
+港會計師公會」)頒佈的《香港財務報告準則》
+(「《香港財務報告準則》」)(包括所有《香港財
+務報告準則》、《香港會計準則》(「《香港會計
+準則》」)及詮釋)、香港公認會計原則及香港
+公司條例的披露規定而編製。此等財務報表
+乃按照歷史成本法編製,惟若干以公允價值
+計量並計入其他綜合收益的權益投資、其他
+非流動金融資產、應收款項融資及衍生金融
+工具除外,其乃以公允價值計量。此等財務
+報表以人民幣(「人民幣」)呈列,除另有指明
+外,所有價值乃約整至最接近的千位。
+2.1
+majority of the voting or similar rights of an investee, the
+When the Company has, directly or indirectly, less than a
+Basis of consolidation (continued)
+2.1 BASIS OF PREPARATION (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+116
+BYD Company Limited
+合併財務報表包括本集團截至二零二一年十
+二月三十一日止年度之財務報表。附屬公司
+乃一間由本公司直接或間接控制的實體(包
+括結構性實體)。當本集團對參與投資對像
+業務的浮動回報承擔風險或享有權利以及能
+透過對投資對象的權力(即本集團獲賦予現
+有能力以主導投資對像相關活動的既存權
+利)影響該等回報時,即取得控制權。
+合併基準
+儘管截至 2021年12月31日,本集團的淨流
+動負債約為人民幣5,193,755,000元,本合
+併財務報表仍以持續經營為基礎編制,因為
+董事認為本集團在可預見的將來有足夠的現
+金流量和信貸額度,使其能夠繼續經營,並
+在負債到期時償付。
+編製基準
+These subsidiaries are registered as Sino-foreign joint
+ventures under PRC law.
+該等附屬公司根據中國法律註冊為中外
+合營公司。
+該等附屬公司均根據中國法律註冊為有
+限公司。
+Research and development of
+99.88%
+RMB1,000,000,000
+PRC/
+Changsha BYD Auto Co., Ltd.
+銷售及分銷汽車;提供相關售後服務
+provision of related after-sales
+services
+Sale and distribution of automobiles;
+中國內地
+Mainland China _ _
+_ 
+人民幣1,050,000,000元
+中國/
+(“BYD Auto Sales")**
+比亞迪汽車銷售有限公司
+(「比亞迪汽車銷售])**
+4.29% 94.76%
+RMB1,050,000,000
+PRC/
+BYD Auto Sales Co., Ltd.
+("Changsha Auto")**
+長沙市比亞迪汽車有限公司
+(「長沙汽車」)**
+Mainland China _ _ _ 人民幣1,000,000,000元
+中國/
+automobiles and components
+研究及開發汽車及部件
+比亞迪國際為一間於香港註冊成立的附
+屬公司,其股份於香港聯合交易所有限
+公司上市。
+研究、開發、製造及銷售太陽能電池及
+太陽能陣列
+batteries and solar arrays
+manufacture and sale of solar
+Research, development,
+These subsidiaries are registered as limited liability
+companies under PRC law.
+with its shares listed on The Stock Exchange of Hong
+Kong Limited.
+編製基準(續)
+BYD Int'l is a subsidiary incorporated in Hong Kong
+(「商洛比亞迪」)***
+Mainland China 人民幣2,600,000,000元
+中國/
+(“Shangluo BYD")***
+商洛比亞迪實業有限公司
+38.50% 60.92%
+RMB2,600,000,000
+BYD (Shangluo) Industrial Co., Ltd. PRC/
+中國內地
+中國內地
+合併基準(續)
+倘本公司直接或間接擁有少於投資對像大多
+數投票權或類似權利,則本集團於評估其是
+否擁有對投資對象的權力時會考慮一切相關
+事實及情況,包括:
+Group considers all relevant facts and circumstances in
+118
+BYD Company Limited
+炎相關的租金
+優惠(提早採
+納)
+日之後新冠肺
+號的修訂
+《香港財務報告準則》第16在2021年6月30
+利率基準改革-
+第二階段
+《香港財務報告準則》
+第9號、《香港會計準則》
+第39號、《香港財務報告
+準則》第7號、《香港財務
+報告準則》第4號及《香港
+財務報告準則》第16號的
+修訂
+本集團已就本年度的財務報表首次採納下列
+經修訂《香港財務報告準則》。
+30 June 2021 (early adopted)
+Covid-19-Related Rent
+Concessions beyond
+Amendment to HKFRS 16
+Interest Rate Benchmark
+Reform- Phase 2
+9, HKAS 39, HKFRS 7,
+HKFRS 4 and HKFRS 16
+Amendments to HKFRS
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+當現有利率基準被替代無風險利率替
+代時,《香港財務報告準則》第9號、
+《香港會計準則》第39號、《香港財務
+報告準則》第7號、《香港財務報告準
+則》第4號及《香港財務報告準則》第
+16號的修訂解決先前影響財務報告之
+修訂未處理的問題。修訂提供對於釐
+定金融資產及負債之合約現金流量之
+基準之變動進行會計處理時無需調整
+金融資產及負債賬面值而更新實際利
+率的可行權宜方法,前提為該變動為
+利率基準改革之直接後果且釐定合約
+現金流量的新基準於經濟上等同於緊
+接變動前的先前基準。此外,該等修
+訂允許利率基準改革所規定對指定對
+沖及對沖文件進行更改,而不會中斷
+對沖關係。過渡期間可能產生的任何
+損益均通過《香港財務報告準則》第9
+號的正常規定進行處理,以衡量及確
+認對沖無效性。倘無風險利率被指定
+為風險組成部分時,該等修訂亦暫時
+減輕了實體必須滿足可單獨識別的要
+求。倘實體合理地預期無風險利率風
+險組成部分於未來24個月內將變得
+可單獨識別,則該減免允許實體於指
+定對沖後假定已滿足可單獨識別之規
+定。此外,該等修訂亦規定實體須披
+露額外資料,以使財務報表的使用者
+能夠了解利率基準改革對實體的金融
+工具及風險管理策略的影響。
+(a)
+經修訂《香港財務報告準則》的性質及影響於
+下文概述:
+separately identifiable requirement when an RFR is
+designated as a risk component. The relief allows
+an entity, upon designation of the hedge, to assume
+that the separately identifiable requirement is met,
+provided the entity reasonably expects the RFR risk
+component to become separately identifiable within
+the next 24 months. Furthermore, the amendments
+require an entity to disclose additional information to
+enable users of financial statements to understand
+the effect of interest rate benchmark reform on an
+entity's financial instruments and risk management
+strategy.
+temporary relief to entities from having to meet the
+without the hedging relationship being discontinued.
+Any gains or losses that could arise on transition
+are dealt with through the normal requirements
+of HKFRS 9 to measure and recognise hedge
+ineffectiveness. The amendments also provide a
+the amendments permit changes required by the
+interest rate benchmark reform to be made to
+hedge designations and hedge documentation
+The Group has adopted the following revised HKFRSS for
+the first time for the current year's financial statements.
+the contractual cash flows of financial assets and
+liabilities, if the change is a direct consequence
+of the interest rate benchmark reform and the new
+basis for determining the contractual cash flows
+is economically equivalent to the previous basis
+immediately preceding the change. In addition,
+Amendments to HKFRS 9, HKAS 39,HKFRS 7,
+HKFRS 4 and HKFRS 16 address issues not dealt
+with in the previous amendments which affect
+financial reporting when an existing interest rate
+benchmark is replaced with an alternative risk-
+free rate (“RFR”). The amendments provide a
+practical expedient to allow the effective interest
+rate to be updated without adjusting the carrying
+amount of financial assets and liabilities when
+(a)
+The nature and the impact of the revised HKFRSS are
+described below:
+會計政策及披露的變動(續)
+2.2
+2.2 CHANGES IN ACCOUNTING POLICIES AND
+DISCLOSURES (CONTINUED)
+二零二一年十二月三十一日
+accounting for changes in the basis for determining
+間接
+會計政策及披露的變動
+CHANGES IN ACCOUNTING POLICIES AND
+DISCLOSURES
+Profit or loss and each component of other comprehensive
+income are attributed to the owners of the parent of the
+Group and to the non-controlling interests, even if this
+results in the non-controlling interests having a deficit
+balance. All intra-group assets and liabilities, equity,
+income, expenses and cash flows relating to transactions
+between members of the Group are eliminated in full on
+consolidation.
+The financial statements of the subsidiaries are prepared
+for the same reporting period as the Company, using
+consistent accounting policies. The results of subsidiaries
+are consolidated from the date on which the Group obtains
+control, and continue to be consolidated until the date that
+such control ceases.
+本集團的投票權及潛在投票權。
+(C)
+the Group's voting rights and potential voting rights.
+(c)
+其他合同安排所產生的權利;及
+(b)
+rights arising from other contractual arrangements;
+and
+(b)
+與投資對像其他投票持有人的合同安
+排;
+(a)
+the contractual arrangement with the other vote
+holders of the investee;
+(a)
+assessing whether it has power over an investee, including:
+附屬公司與本公司的財務報表的報告期間相
+同,並採用一致會計政策編製。附屬公司的
+業績由本集團取得控制權之日起計合併入
+賬,並繼續合併入賬至該等控制權終止之時
+為止。
+損益及其他綜合收益各組成部分乃歸屬於本
+集團母公司擁有人及非控股權益,即使此舉
+引致非控股權益結餘為負數。有關本集團成
+員公司之間交易的所有集團內公司間資產及
+負債、權益、收入、開支及現金流量均於合
+併賬目時全數抵銷。
+Annual Report 2021
+二零二一年年報
+117
+2.2
+倘本集團失去對附屬公司的控制權,則其撤
+銷確認(i)該附屬公司的資產(包括商譽)及負
+債;(ii)任何非控股權益的賬面值;及(iii)於
+權益內記錄的累計交易差額;並於損益確認
+(i)所收代價的公允價值;(ii)所保留任何投資
+的公允價值;及(iii)任何因此產生的盈餘或
+虧損。先前於其他綜合收益內確認的本集團
+應佔部分重新分類為損益或留存溢利(如適
+用),所依據的基準與倘本集團直接出售相
+關資產或負債所需依據者相同。
+倘有事實及情況顯示上述的三個控制因素中
+有一個或以���出現變動,則本集團將重新評
+估是否仍控制投資對象。附屬公司的所有權
+權益發生變動(控制權並未發生變動),則按
+權益交易入賬。
+合併基準(續)
+編製基準(續)
+2.1
+consideration received, (ii) the fair value of any investment
+retained and (iii) any resulting surplus or deficit in profit
+or loss. The Group's share of components previously
+recognised in other comprehensive income is reclassified
+to profit or loss or retained profits, as appropriate, on the
+same basis as would be required if the Group had directly
+disposed of the related assets or liabilities.
+2.2
+recorded in equity; and recognises (i) the fair value of the
+If the Group loses control over a subsidiary, it derecognises
+(i) the assets (including goodwill) and liabilities of the
+subsidiary,(ii) the carrying amount of any non-controlling
+The Group reassesses whether or not it controls an
+investee if facts and circumstances indicate that there are
+changes to one or more of the three elements of control
+described above. A change in the ownership interest of a
+subsidiary, without a loss of control, is accounted for as an
+equity transaction.
+Basis of consolidation (continued)
+2.1 BASIS OF PREPARATION (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+interest and (iii) the cumulative translation differences
+(12,892,770)
+Indirect
+Principal activities
+BYD Precision Manufacture Co.,
+Indirect
+間接
+主要業務
+權益百分比
+Direct
+直接
+註冊股本
+Principal activities
+本公司應佔
+99%
+註冊成立/登記及
+業務地點
+名稱
+Name
+to the Company
+equity attributable
+Percentage of
+share capital
+PRC/
+registered
+US$145,000,000
+Mainland China
+65.76%
+中國內地
+中國/
+150,000,000美元
+Mainland China
+90%
+10%
+US$150,000,000
+PRC/
+(“BYD HZ Battery")***
+比亞迪惠州電池有限公司
+(「比亞迪惠州電池」)**
+Huizhou BYD Battery Co., Ltd.
+中國內地
+(「比亞迪精密製造」) ****^
+中國/
+145,000,000美元
+Ltd. ("BYD Precision”)****人
+比亞迪精密製造有限公司
+Issued ordinary/
+business
+registration and
+Mainland China 人民幣4,381,313,131元
+中國/
+Annual Report 2021
+二零二一年年報
+109
+Consolidated Statement of Cash Flows
+合併現金流量表
+31 December 2021
+二零二一年十二月三十一日
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Increase in inventories
+Decrease in restricted bank deposits
+Decrease in trade receivables
+(「比亞迪汽車」)***
+中國內地
+Research, development, sale and
+manufacture of li-ion batteries
+研究、開發、銷售及製造鋰離子電池
+incorporation/
+有關附屬公司的資料(續)
+Place of
+Information about subsidiaries (continued)
+(CONTINUED)
+1.
+CORPORATE AND GROUP INFORMATION 1. 公司及集團資料(續)
+Manufacture, assembly and sale
+of mobile handset components,
+modules and other products
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+113
+Annual Report 2021
+二零二一年年報
+研究、開發、銷售及製造汽車
+manufacture of automobiles
+Research, development, sale and
+Research, development, sale and
+manufacture of li-ion batteries,
+solar batteries and solar arrays
+研究、開發、銷售及製造鋰離子電池、
+太陽能電池及太陽能陣列
+財務報表附註
+製造、組裝及銷售手機部件、模組及其
+他產品
+Research, development, sale and
+manufacture of li-ion batteries and
+accessories
+研究、開發、銷售及製造鋰離子電池及
+附件
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+114
+BYD Company Limited
+中國內地
+(「西安電子」) ****/
+製造及銷售手機零部件
+中國/
+handset components
+Manufacture and sale of mobile
+人民幣100,000,000元
+Mainland China
+1. CORPORATE AND GROUP INFORMATION 1.
+(CONTINUED)
+Information about subsidiaries (continued)
+Place of
+本公司應佔
+權益百分比
+Direct
+直接
+已發行普通/
+註冊股本
+註冊成立/登記及
+業務地點
+名稱
+Name
+to the Company
+equity attributable
+(“Xi'an Electronic”)****人
+西安比亞迪電子有限公司
+Percentage of
+registered
+Issued ordinary/
+business
+registration and
+incorporation/
+有關附屬公司的資料(續)
+公司及集團資料 (續)
+share capital
+主要業務
+65.76%
+PRC/
+HK$440,000,000
+BYD Electronic (International) Co., Hong Kong
+中國內地
+中國/
+3,757,654,524美元
+Mainland China
+(“BYD Auto Industry")***
+比亞迪汽車工業有限公司
+(「比亞迪汽車工業])**
+3.21%
+US$3,757,654,524 96.79%
+PRC/
+BYD Auto Industry Co., Ltd.
+Investment holding
+研究、開發、銷售及製造汽車及輕鐵運
+輸設備
+light rail transit equipment
+Research, development, sale and
+manufacture of automobiles and
+65.76%
+Ltd. ("BYD Int'l")*
+香港
+440,000,000港元
+中國內地
+中國/
+高水平組裝
+110,000,000美元
+Mainland China
+Xi'an BYD Electronic Co., Ltd.
+([惠州電子」)***
+RMB100,000,000
+(“Huizhou Electronic")***人
+惠州比亞迪電子有限公司
+65.76%
+US$110,000,000
+PRC/
+Huizhou BYD Electronic Co., Ltd.
+(「比亞迪國際」)*
+比亞迪電子(國際)有限公司
+投資控股
+High-level assembly
+(“BYD Auto")***
+《香港財務報告準則》
+第10號及《香港
+會計準則》第28號
+(二零一一年)
+的修訂
+The Group's share of the post-acquisition results and
+other comprehensive income of associates and joint
+ventures is included in the consolidated statement of
+profit or loss and consolidated other comprehensive
+income,respectively. In addition, when there has been a
+change recognised directly in the equity of the associate
+or joint venture, the Group recognises its share of any
+changes, when applicable, in the consolidated statement
+of changes in equity. Unrealised gains and losses resulting
+from transactions between the Group and its associates
+or joint ventures are eliminated to the extent of the
+Group's investments in the associates or joint ventures,
+except where unrealised losses provide evidence of an
+impairment of the asset transferred. Goodwill arising from
+the acquisition of associates or joint ventures is included
+as part of the Group's investments in associates or joint
+ventures.
+If an investment in an associate becomes an investment
+in a joint venture or vice versa, the retained interest is
+not remeasured. Instead, the investment continues to be
+accounted for under the equity method. In all other cases,
+upon loss of significant influence over the associate or joint
+control over the joint venture, the Group measures and
+recognises any retained investment at its fair value. Any
+difference between the carrying amount of the associate
+本集團應佔聯營公司及合營公司的收購後業
+績及其他綜合收益乃分別計入合併損益表及
+合併其他綜合收益。此外,當聯營公司或合
+營公司的權益內直接確認一項變動,則本集
+團在適當情況下會在合併權益變動表確認其
+應佔的變動金額。本集團與其聯營公司或合
+營公司間交易的未變現盈利及虧損按本集團
+應佔該等聯營公司或合營公司的投資撇銷,
+惟未變現虧損提供已轉讓資產減值的憑證則
+除外。收購聯營公司或合營公司所產生的商
+譽列為本集團於聯營公司或合營公司的投資
+之一部分。
+本集團於聯營公司及合營公司的投資乃採用
+權益會計法按本集團應佔的資產淨值減任何
+減值虧損後,在合併財務狀況表中列賬。
+合營公司指一種合營安排,對安排擁有共同
+控制權的訂約方據此對合營公司的資產淨值
+擁有權利。共同控制指按照合同協定對一項
+安排所共有的控制,共同控制僅在有關活動
+要求享有控制權的訂約方作出一致同意的決
+定時存在。
+於聯營公司及合營公司的投資(續)
+《香港財務報告準則》 引用概念框架
+第3號的修訂
+The Group's investments in associates and joint ventures
+are stated in the consolidated statement of financial
+position at the Group's share of net assets under the equity
+method of accounting, less any impairment losses.
+A joint venture is a type of joint arrangement whereby
+the parties that have joint control of the arrangement
+have rights to the net assets of the joint venture. Joint
+control is the contractually agreed sharing of control of an
+arrangement, which exists only when decisions about the
+relevant activities require the unanimous consent of the
+parties sharing control.
+Investments in associates and joint ventures
+(continued)
+重要會計政策摘要(續)
+2.4
+or joint venture upon loss of significant influence or joint
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+127
+Annual Report 2021
+二零二一年年報
+聯營公司是指本集團擁有一般不少於20%股
+份投票權之長期權益且本集團對其可行使重
+大影響力的實體。重大影響力為參與投資對
+象的財務及營運政策決策的權力,惟並非控
+制或共同控制該等政策。
+於聯營公司及合營公司的投資
+significant influence. Significant influence is the power to
+participate in the financial and operating policy decisions
+of the investee, but is not control or joint control over those
+policies.
+An associate is an entity in which the Group has a long-
+term interest of generally not less than 20% of the equity
+voting rights and over which it is in a position to exercise
+Investments in associates and joint ventures
+重要會計政策摘要
+2.4
+2.4
+control and the fair value of the retained investment and
+proceeds from disposal is recognised in profit or loss.
+BYD Company Limited
+Definition of Accounting
+Estimates²
+本集團並無於本財務報表應用下列已頒佈但
+尚未生效的經修訂《香港財務報告準則》。
+收購方所轉讓的或有代價按於收購日期的公
+允價值確認。分類為資產或負債的或有代價
+以公允價值計量,公允價值變動確認於損
+益。分類為權益的或有代價並無重新計量,
+而其後結算於權益中入賬。
+倘業務合併分階段進行,先前持有的股權按
+收購日期的公允價值重新計量,而任何所得
+收益或虧損則於損益中確認。
+當本集團收購一項業務時,會根據合同條
+款、於收購日期的經濟環境及相關條件,評
+估將承擔的金融資產及負債,以作出適合的
+分類及指定。此包括將被收購方主合同中的
+嵌入式衍生工具進行分離。
+當所購入的一系列業務及資產包括一項投入
+及一項實質性流程,共同對創造產出的能力
+作出重大貢獻時,本集團確定其已收購一項
+業務。
+業務合併乃以收購法入賬。轉讓的代價乃以
+收購日期的公允價值計算,該公允價值為本
+集團轉讓的資產、本集團自被收購方的前擁
+有人承擔的負債及本集團發行以換取被收購
+方控制權的股本權益於收購日期的公允價值
+總和。於各業務合併中,本集團選擇是否以
+公允價值或被收購方可識別資產淨值的應佔
+比例,計量於被收購方的非控股權益(屬現
+時擁有人權益並賦予擁有人權利於清盤時按
+比例分佔其資產淨值)。非控股權益的所有
+其他組成部分乃以公允價值計量。收購相關
+成本於產生時列為開支。
+Any contingent consideration to be transferred by the
+acquirer is recognised at fair value at the acquisition
+date. Contingent consideration classified as an asset or
+liability is measured at fair value with changes in fair value
+recognised in profit or loss. Contingent consideration that
+is classified as equity is not remeasured and subsequent
+settlement is accounted for within equity.
+If the business combination is achieved in stages, the
+previously held equity interest is remeasured at its
+acquisition date fair value and any resulting gain or loss is
+recognised in profit or loss.
+When the Group acquires a business, it assesses the
+financial assets and liabilities assumed for appropriate
+classification and designation in accordance with the
+contractual terms, economic circumstances and pertinent
+conditions as at the acquisition date. This includes the
+separation of embedded derivatives in host contracts of
+the acquiree.
+The Group determines that it has acquired a business
+when the acquired set of activities and assets includes an
+input and a substantive process that together significantly
+contribute to the ability to create outputs.
+倘於聯營公司的投資變成於合營公司的投
+資,則保留權益不會重新計量,反之亦然。
+投資繼續以權益法入賬。在所有其他情況
+下,於失去對聯營公司的重大影響力或失去
+對合營公司的共同控制權後,本集團以公允
+價值計量及確認任何保留投資。於失去重大
+影響力或共同控制權後聯營公司或合營公司
+的賬面值與保留投資公允價值及出售所得款
+項之間的任何差額,於損益確認。
+whether to measure the non-controlling interests in the
+acquiree that are present ownership interests and entitle
+their holders to a proportionate share of net assets in the
+event of liquidation at fair value or at the proportionate
+share of the acquiree's identifiable net assets. All other
+components of non-controlling interests are measured
+at fair value. Acquisition-related costs are expensed as
+incurred.
+Business combinations and goodwill
+重要會計政策摘要(續)
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+業務合併及商譽
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+128
+Business combinations are accounted for using the
+acquisition method. The consideration transferred is
+measured at the acquisition date fair value which is the
+sum of the acquisition date fair values of assets transferred
+by the Group, liabilities assumed by the Group to the
+former owners of the acquiree and the equity interests
+issued by the Group in exchange for control of the
+acquiree. For each business combination, the Group elects
+Classification of Liabilities as
+Current or Non-current2.4
+Disclosure of Accounting
+Policies²
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES
+《香港財務報告準則》第16號租賃:
+於《香港財務報告準則》第16號隨附
+闡釋範例13中刪除出租人與租賃物
+業裝修有關的付款闡釋。此消除應用
+《香港財務報告準則》第16號時對租
+賃激勵處理的潛在混淆。
+Notes to Financial Statements
+125
+Annual Report 2021
+二零二一年年報
+《香港會計準則》第16號的修訂禁止實體從
+物業、廠房及設備的成本中扣除資產達到管
+理層預定的可使用狀態(包括位置與條件)過
+程中產��的任何出售項目所得款項。相反,
+實體必須將任何該等項目的出售所得款項及
+該等項目的成本於損益確認。該等修訂於二
+零二二年一月一日或之後開始的年度期間生
+效,並僅追溯應用實體於首次採用該等修訂
+的財務報表所呈列的最早期間的期初或之後
+可供使用的物業、廠房及設備項目。允許提
+前應用。該等修訂預期不會對本集團的財務
+報表造成任何重大影響。
+《香港會計準則》第12號之修訂縮小了初始
+確認的豁免範圍,故其不再適用於產生相等
+應課稅及可抵扣暫時差異的交易,例如租賃
+及棄置義務。因此,實體被要求確認這些交
+易中產生的暫時差異的延遲稅項資產及延遲
+稅項負債。該修訂於二零二三年一月一日或
+之後開始的年度報告期間生效,並將在所提
+出的最早的比較時期初期開始應用於與租賃
+及棄置義務有關的交易,任何累積效應被確
+認為於該日對保留溢利或其他權益成分的期
+初餘額的調整(如適用)。此外,該修訂將可
+能被提前應用於除租賃及棄置義務以外的交
+易。允許提前採用該修訂。預期該修訂不會
+對本集團財務報表產生任何重大影響。
+Amendments to HKAS 16 prohibit an entity from deducting
+from the cost of an item of property, plant and equipment
+any proceeds from selling items produced while bringing
+that asset to the location and condition necessary for it.
+to be capable of operating in the manner intended by
+management. Instead, an entity recognises the proceeds
+from selling any such items, and the cost of those items,
+in profit or loss. The amendments are effective for annual
+periods beginning on or after 1 January 2022 and shall be
+applied retrospectively only to items of property, plant and
+equipment made available for use on or after the beginning
+of the earliest period presented in the financial statements
+in which the entity first applies the amendments. Earlier
+application is permitted. The amendments are not expected
+to have any significant impact on the Group's financial
+statements.
+Amendments to HKAS 12 narrow the scope of the
+initial recognition exception so that it no longer applies
+to transactions that give rise to equal taxable and
+deductible temporary differences, such as leases and
+decommissioning obligations. Therefore, entities are
+required to recognise a deferred tax asset and a deferred
+tax liability for temporary differences arising from these
+transactions. The amendments are effective for annual
+reporting periods beginning on or after 1 January 2023
+and shall be applied to transactions related to leases
+and decommissioning obligations at the beginning of the
+earliest comparative period presented, with any cumulative
+effect recognised as an adjustment to the opening
+balance of retained profits or other component of equity as
+appropriate at that date. In addition, the amendments shall
+be applied prospectively to transactions other than leases
+and decommissioning obligations. Earlier application is
+permitted. The amendments are not expected to have any
+significant impact on the Group's financial statements.
+(CONTINUED)
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+2.3
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG
+KONG FINANCIAL REPORTING STANDARDS
+財務報表附註
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+124
+BYD Company Limited
+《香港會計準則》第8號的修訂澄清了在會計
+估計變動與會計政策變動之間的區別。會計
+估計是受計量不確定性影響的財務報表中的
+貨幣金額。該修訂亦闡明了實體如何使用計
+量技術及輸入值來編製會計估計。該修訂於
+二零二三年一月一日或之後開始的年度報告
+期間生效,並適用於該期間開始時或之後的
+會計政策變更及會計估計變更。允許提前採
+用。預期該修訂不會對本集團的財務報表產
+生任何重大影響。
+《香港會計準則》第1號之修訂「會計政策的披
+露」要求實體披露其重大會計政策資料而非
+其重要的會計政策。倘會計政策資料與實體
+財務報表中包含的其他資料一併考慮時,可
+以合理地預期會影響一般目的財務報表的主
+要使用者根據這些財務報表所做的決定,則
+該資料屬重要。《香港財務報告準則》實務公
+告第2號之修訂就如何將重要性的概念應用
+於會計政策披露提供非強制性指引。《香港
+會計準則》第1號的修訂於二零二三年一月一
+日或之後開始的年度期間生效並允許提前採
+用。由於在《香港財務報告準則》實務公告第
+2號之修訂中所提供的指引並非非強制性,
+故該等修訂的生效日期並無必要。這些修訂
+預期對本集團的財務報表沒有任何重大影
+Amendments to HKAS 8 clarify the distinction between
+changes in accounting estimates and changes in
+accounting policies. Accounting estimates are defined as
+monetary amounts in financial statements that are subject
+to measurement uncertainty. The amendments also clarify
+how entities use measurement techniques and inputs
+to develop accounting estimates. The amendments are
+effective for annual reporting periods beginning on or
+after 1 January 2023 and apply to changes in accounting
+policies and changes in accounting estimates that occur
+on or after the start of that period. Earlier application is
+permitted. The amendments are not expected to have any
+significant impact on the Group's financial statements.
+Amendments to HKAS 1 Disclosure of Accounting Policies
+require entities to disclose their material accounting
+policy information rather than their significant accounting
+policies. Accounting policy information is material if,
+when considered together with other information included
+in an entity's financial statements, it can reasonably be
+expected to influence decisions that the primary users of
+general purpose financial statements make on the basis
+of those financial statements. Amendments to HKFRS
+Practice Statement 2 provide non-mandatory guidance
+on how to apply the concept of materiality to accounting
+policy disclosures. Amendments to HKAS 1 are effective
+for annual periods beginning on or after 1 January
+2023 and earlier application is permitted. Since the
+guidance provided in the amendments to HKFRS Practice
+Statement 2 is non-mandatory, an effective date for these
+amendments is not necessary. The amendments are not
+expected to have any significant impact on the Group's
+financial statements.
+(CONTINUED)
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+31 December 2021
+2.4
+31 December 2021
+二零二一年十二月三十一日
+2.3
+《香港財務報告準則》第9號金融工
+具:澄清實體在評估新的或修改的金
+融負債的條款與原始金融負債的條款
+是否存在實質性差異時所包含的費
+用。該等費用僅包括在借款人與貸
+方之間支付或收取的費用,包括由借
+款人或貸方代表對方支付或收取的費
+用。實體將修訂應用於在實體首次應
+用修訂的年度報告期開始日或之後修
+改或交換的金融負債。該等修訂自二
+零二二年一月一日或之後開始之年度
+期間生效,允許提前應用。該等修訂
+預期不會對本集團的財務報表產生重
+大影響。
+《香港財務報告準則》二零一八年至二零二零
+年之年度改進載列《香港財務報告準則》第1
+號、《香港財務報告準則》第9號、《香港財務
+報告準則》第16號相應闡釋範例及《香港會計
+準則》第41號的修訂。預期將適用於本集團
+的修訂的詳情如下:
+HKFRS 16 Leases: removes the illustration of
+payments from the lessor relating to leasehold
+improvements in Illustrative Example 13
+accompanying HKFRS 16. This removes potential
+confusion regarding the treatment of lease
+incentives when applying HKFRS 16.
+of the annual reporting period in which the entity
+first applies the amendment. The amendment is
+effective for annual periods beginning on or after 1
+January 2022. Earlier application is permitted. The
+amendment is not expected to have a significant
+impact on the Group's financial statements.
+lender, including fees paid or received by either the
+borrower or lender on the other's behalf. An entity
+applies the amendment to financial liabilities that
+are modified or exchanged on or after the beginning
+paid or received between the borrower and the
+financial liability. These fees include only those
+HKFRS 9 Financial Instruments: clarifies the fees
+that an entity includes when assessing whether the
+terms of a new or modified financial liability are
+substantially different from the terms of the original
+Annual Improvements to HKFRSs 2018-2020 sets out
+amendments to HKFRS 1, HKFRS 9, Illustrative Examples
+accompanying HKFRS 16,and HKAS 41. Details of the
+amendments that are expected to be applicable to the
+Group are as follows:
+(CONTINUED)
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG
+KONG FINANCIAL REPORTING STANDARDS
+2.3
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+BYD Company Limited
+126
+《香港會計準則》第37號之修訂澄清,就根據
+《香港會計準則》第37號評估合同是否屬虧損
+性而言,履行合同的成本包括與合同直接相
+關的成本。與合同直接相關的成本包括履行
+該合同的增量成本(例如直接勞工及材料)及
+與履行該合同直接相關的其他成本分配(例
+如分配履行合所用物業、廠房及設備項目的
+折舊開支以及合同管理及監督成本)。一般
+及行政成本與合同並無直接關連,除非根據
+合同明確向對手方收取費用,否則不包括在
+內。該修訂於二零二二年一月一日或之後開
+始的的年度期間生效,並適用��實體於其首
+次應用修訂的年度報告期初尚未履行其所有
+責任的合同。允許提早採用。初步應用該等
+修訂的任何累積影響將確認為首次應用日期
+的期初權益的調整,而無須重列比較資料。
+預期該修訂不會對本集團的財務報告產生任
+何重大影響。
+Amendments to HKAS 37 clarify that for the purpose of
+assessing whether a contract is onerous under HKAS 37,
+the cost of fulfilling the contract comprises the costs that
+relate directly to the contract. Costs that relate directly to
+a contract include both the incremental costs of fulfilling
+that contract(e.g., direct labour and materials) and an
+allocation of other costs that relate directly to fulfilling that
+contract (e.g., an allocation of the depreciation charge
+for an item of property, plant and equipment used in
+fulfilling the contract as well as contract management and
+supervision costs). General and administrative costs do
+not relate directly to a contract and are excluded unless
+they are explicitly chargeable to the counterparty under the
+contract. The amendments are effective for annual periods
+beginning on or after 1 January 2022 and shall be applied
+to contracts for which an entity has not yet fulfilled all its
+obligations at the beginning of the annual reporting period
+in which it first applies the amendments. Earlier application
+is permitted. Any cumulative effect of initially applying the
+amendments shall be recognised as an adjustment to the
+opening equity at the date of initial application without
+restating the comparative information. The amendments are
+not expected to have any significant impact on the Group's
+financial statements.
+(CONTINUED)
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG
+KONG FINANCIAL REPORTING STANDARDS
+2.3
+Sale or Contribution of Assets
+between an Investor and its
+Associate or Joint Venture³
+Amendments to HKAS 16
+3
+No mandatory effective date yet determined but
+available for adoption
+3
+並無釐定強制生效日期,惟可採用
+4
+As a consequence of the amendments to HKAS 1,
+Hong Kong Interpretation 5 Presentation of Financial
+Statements - Classification by the Borrower of a Term
+Loan that Contains a Repayment on Demand Clause
+was revised in October 2020 to align the corresponding
+wording with no change in conclusion
+4
+由於《香港會計準則》第1號、香港詮釋
+第5號財務報表的呈報-借款人對載有
+按要求償還條款的定期貸款的分類於二
+零二零年十月修訂,以使相應的措詞保
+持一致,結論不變
+Annual Report 2021
+二零二一年年報
+121
+Notes to Financial Statements
+於二零二三年一月一日或之後開始之年
+度期間生效
+財務報表附註
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG 2.3
+KONG FINANCIAL REPORTING STANDARDS
+(CONTINUED)
+Further information about those HKFRSS that are expected
+to be applicable to the Group is described below.
+Amendments to HKFRS 3 are intended to replace a
+reference to the previous Framework for the Preparation
+and Presentation of Financial Statements with a reference
+to the Conceptual Framework for Financial Reporting
+issued in June 2018 without significantly changing its
+requirements. The amendments also add to HKFRS 3 an
+exception to its recognition principle for an entity to refer to
+the Conceptual Framework to determine what constitutes
+an asset or a liability. The exception specifies that, for
+liabilities and contingent liabilities that would be within
+the scope of HKAS 37 or HK(IFRIC)-Int_21 if they were
+incurred separately rather than assumed in a business
+combination, an entity applying HKFRS 3 should refer to
+HKAS_37_or_HK(IFRIC)-Int_21 respectively instead of the
+Conceptual Framework. Furthermore, the amendments
+clarify that contingent assets do not qualify for recognition
+at the acquisition date. The Group expects to adopt the
+amendments prospectively from 1 January 2022. Since the
+amendments apply prospectively to business combinations
+for which the acquisition date is on or after the date of
+first application, the Group will not be affected by these
+amendments on the date of transition.
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+有關預期將適用於本集團的該等《香港財務
+報告準則》的進一步資料說明如下。
+《香港財務報告準則》第3號的修訂旨在以二
+零一八年六月頒佈的引用財務報告概念框架
+取代引用先前財務報表編製及呈列框架,而
+毋須大幅度改變其規定。該等修訂亦就《香
+港財務報告準則》第3號就實體引用概念框架
+以釐定構成資產或負債之內容之確認原則增
+設一項例外情況。該例外情況規定,對於可
+能屬於《香港會計準則》第37號或《香港(國
+際財務報告詮釋委員會)-詮釋》第21號範圍
+內的負債及或有負債而言,倘該等負債屬單
+獨產生而非於業務合併中產生,則應用《香
+港財務報告準則》第3號的實體��分別參考
+《香港會計準則》第37號或《香港(國際財務
+報告詮釋委員會)- 詮釋》第21號,而非概念
+框架。此外,該等修訂澄清或有資產於收購
+日期不符合確認條件。本集團預計自二零二
+二年一月一日起提前採納該等修訂。由於該
+等修訂提前適用於收購日期為首次應用日期
+或之後的業務合併,因此本集團於過渡日期
+將不會受該等修訂的影響。
+BYD Company Limited
+122
+比亞迪股份有限公司
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+2
+2
+《香港會計準則》
+第1號的修訂
+《香港會計準則》
+投資者與其聯營
+公司或合營公司之
+間的資產出售或注
+資3
+將負債分類為流動或
+非流動2.4
+會計政策的披露²
+第1號及《香港財務
+報告準則實務聲明》
+第2號的修訂
+《香港會計準則》
+第8號的修訂
+會計估計的定義?
+《香港會計準則》
+第12號的修訂
+《香港會計準則》
+第16號的修訂
+Onerous Contracts - Cost of
+Fulfilling a Contract'
+《香港會計準則》
+第37號的修訂
+Effective for annual periods beginning on or after 1
+January 2023
+虧損性合約 - 履行合
+約的成本
+Deferred Tax related to Assets
+and Liabilities arising from a
+Single Transaction²
+Property, Plant and Equipment:
+Proceeds before Intended
+Use¹
+與單一交易所產生的
+資產及負債有關的
+遞延稅項2
+物業、廠房及設備:
+作擬定用途前之所
+得款項
+Amendments to HKAS 37
+Annual Improvements to
+HKFRSs 2018-2020
+HKFRS 9, Illustrative
+Examples accompanying
+HKFRS 16, and HKAS 411
+《香港財務報告準則》《香港財務報告準則》
+二零一八年至
+二零二零年之
+年度改進
+第1號、《香港財務
+報告準則》第9號、
+《香港財務報告準
+則》第16號相應闡
+釋範例及《香港會
+計準則》第41號的
+修訂
+1
+Effective for annual periods beginning on or after 1
+January 2022
+1
+於二零二二年一月一日或之後開始之年
+度期間生效
+Amendments to HKFRS 1,
+Reference to the Conceptual
+Framework¹
+財務報表附註
+二零二一年十二月三十一日
+Amendment to HKFRS 16 issued in April 2021
+extends the availability of the practical expedient
+for lessees to elect not to apply lease modification
+accounting for rent concessions arising as a
+direct consequence of the covid-19 pandemic by
+12 months. Accordingly, the practical expedient
+applies to rent concessions for which any reduction
+in lease payments affects only payments originally
+due on or before 30 June 2022, provided the other
+conditions for applying the practical expedient are
+met. The amendment is effective retrospectively for
+annual periods beginning on or after 1 April 2021
+with any cumulative effect of initially applying the
+amendment recognised as an adjustment to the
+opening balance of retained profits at the beginning
+of the current accounting period. Earlier application
+is permitted.
+The Group has early adopted the amendment on 1
+January 2021. However, the Group has not received
+covid-19-related rent concessions and plans to
+apply the practical expedient when it becomes
+applicable within the allowed period of application.
+(b)
+於二零二一年十二月三十一日,本集
+團根據倫敦銀行同業拆息(「倫敦銀行
+同業拆息」),擁有以美元計值的若干
+計息銀行借款。本集團預計倫敦銀行
+同行拆息將會存續,且利率基準改革
+不會對本集團基於倫敦銀行同業拆息
+的借款造成影響。倘該等借款的利率
+在未來期間被無風險利率所替代,本
+集團將在該等工具修訂後採用上述實
+際權宜方法,惟須滿足「經濟等價」
+標準。並無因應用該等變動之修訂而
+產生重大修訂損益。
+於二零二一年四月頒佈的《香港財務
+報告準則》第16號的修訂將承租人可
+選擇就新冠肺炎疫情的直接後果產生
+的租金減免不應用租賃修改會計處理
+的可行權宜方法延期12個月。因此,
+該可行權宜方法適用於租金減免,其
+租賃付款的任何減讓僅影響原先於二
+零二二年六月三十日或之前到期的付
+款,但須滿足適用可行權宜方法的其
+他條件。該修訂於二零二一年四月一
+日或之後開始的年度期間追溯生效,
+最初應用該修訂的任何累積影響在當
+前會計期間開始時確認為對留存溢利
+期初結餘的調整。該準則允許提前應
+用。
+本集團已於二零二一年一月一日提早
+採納該修訂。然而,本集團並未收到
+與新冠肺炎相關的租金減免,並計劃
+於允許應用的期間內,在可行情況下
+應用該可行權宜方法。
+BYD Company Limited
+120
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+(“LIBOR”) as at 31 December 2021. The Group
+expects that LIBOR will continue to exist and the
+interest rate benchmark reform has not had an
+impact on the Group's LIBOR-based borrowings. If
+the interest rates of these borrowings are replaced
+by RFRs in a future period, the Group will apply
+the above-mentioned practical expedient upon
+the modification of these instruments provided.
+that the “economically equivalent" criterion is met.
+No significant modification gain or loss arises
+as a result of applying the amendments to these
+changes.
+31 December 2021
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG KONG
+FINANCIAL REPORTING STANDARDS
+2.3
+已頒佈惟未生效的《香港財務報告準
+則》
+The Group has not applied the following revised HKFRSS,
+that have been issued but are not yet effective, in these
+financial statements.
+Amendments to HKFRS 3
+Amendments to HKFRS 10
+and HKAS 28 (2011)
+Amendments to HKAS 1
+Amendments to HKAS 1
+and HKFRS Practice
+Statement 2
+Amendments to HKAS 8
+Amendments to HKAS 12
+二零二一年十二月三十一日
+31 December 2021
+(b)
+The Group had certain interest-bearing bank
+borrowings denominated in United States dollars
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG
+KONG FINANCIAL REPORTING STANDARDS
+2.3
+已頒佈惟未生效的《香港財務報告準
+則》(續)
+(CONTINUED)
+Amendments to HKFRS 10 and HKAS 28 (2011) address an
+inconsistency between the requirements in HKFRS 10 and
+in HKAS 28 (2011) in dealing with the sale or contribution
+of assets between an investor and its associate or joint
+venture. The amendments require a full recognition of a
+gain or loss resulting from a downstream transaction when
+the sale or contribution of assets between an investor
+and its associate or joint venture constitutes a business.
+For a transaction involving assets that do not constitute a
+business, a gain or loss resulting from the transaction is
+recognised in the investor's profit or loss only to the extent
+of the unrelated investor's interest in that associate or joint
+venture. The amendments are to be applied prospectively.
+The previous mandatory effective date of amendments
+to HKFRS 10 and HKAS 28 (2011) was removed by the
+HKICPA in January 2016 and a new mandatory effective
+date will be determined after the completion of a broader
+review of accounting for associates and joint ventures.
+However, the amendments are available for adoption now.
+Amendments to HKAS 1 Classification of Liabilities
+as Current or Non-current clarify the requirements for
+classifying liabilities as current or non-current. The
+amendments specify that if an entity's right to defer
+settlement of a liability is subject to the entity complying
+with specified conditions, the entity has a right to defer
+settlement of the liability at the end of the reporting
+period if it complies with those conditions at that date.
+Classification of a liability is unaffected by the likelihood
+that the entity will exercise its right to defer settlement of
+the liability. The amendments also clarify the situations that
+are considered a settlement of a liability. The amendments
+are effective for annual periods beginning on or after 1
+January 2023 and shall be applied retrospectively. Earlier
+application is permitted. The amendments are not expected
+to have any significant impact on the Group's financial
+statements.
+《香港財務報告準則》第10號及《香港會計準
+則》第28號(二零一一年)的修訂針對《香港
+財務報告準則》第10號與《香港會計準則》第
+28號(二零一一年)之間有關投資者與其聯
+營公司或合營公司之間的資產出售或注資兩
+者規定的不一致性。該等修訂規定,當投資
+者與其聯營公司或合營公司之間的資產出售
+或注資構成一項業務時,須悉數確認下游交
+易的產生的收益或虧損。當交易涉及不構成
+一項業務的資產時,由該交易產生的收益或
+虧損於該投資者的損益內確認,惟僅以不相
+關投資者於該聯營公司或合營公司的權益為
+限。該等修訂即將應用。香港會計師公會已
+於二零一六年一月剔除以往對《香港財務報
+告準則》第10號及《香港會計準則》第28號
+(二零一一年)的修訂的強制生效日期,新的
+強制生效日期將於聯營公司及合營公司會計
+的進一步審閱完成後釐定。然而,該等修訂
+目前可採納。
+《香港會計準則》第1號之修訂「將負債分類
+為流動或非流動」澄清將負債分類為流動或
+非流動的規定。該等修訂指明,倘實體延遲
+償還負債的權利受限於實體符合特定條件,
+則倘該實體符合當日之條件,其有權於報告
+期末延遲償還負債。負債的分類不受該實體
+行使其延遲償還負債權利的可能性的影響。
+該等修訂亦澄清被視為償還負債的情況。該
+等修訂於二零二三年一月一日或之後開始的
+年度期間生效,並應追溯應用。允許提早應
+用。該等修訂預期不會對本集團的財務報表
+產生任何重大影響。
+Annual Report 2021
+二零二一年年報
+123
+Notes to Financial Statements
+based on the London Interbank Offered Rate
+財務報表附註
+Annual Report 2021
+二零二一��年報
+119
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.2 CHANGES IN ACCOUNTING POLICIES AND 2.2 會計政策及披露的變動(續)
+DISCLOSURES (CONTINUED)
+(a)
+(continued)
+(a)
+(續)
+31 December 2021
+二零二一年十二月三十一日
+2.3 ISSUED BUT NOT YET EFFECTIVE HONG
+KONG FINANCIAL REPORTING STANDARDS
+If ownership of the leased asset transfers to
+無形資產(商譽除外)
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Leases
+The Group assesses at contract inception whether a
+contract is, or contains, a lease. A contract is, or contains,
+a lease if the contract conveys the right to control the use
+of an identified asset for a period of time in exchange for
+consideration.
+Group as a lessee
+The Group applies a single recognition and measurement
+approach for all leases, except for short-term leases and
+leases of low-value assets. The Group recognises lease
+liabilities to make lease payments and right-of-use assets
+representing the right to use the underlying assets.
+(a) Right-of-use assets
+Right-of-use assets are recognised at the
+commencement date of the lease (that is the date
+the underlying asset is available for use). Right-
+of-use assets are measured at cost, less any
+accumulated depreciation and any impairment
+losses, and adjusted for any remeasurement of
+lease liabilities. The cost of right-of-use assets
+includes the amount of lease liabilities recognised,
+initial direct costs incurred, and lease payments
+made at or before the commencement date less any
+lease incentives received. Right-of-use assets are
+depreciated on a straight-line basis over the shorter
+of the lease terms and the estimated useful lives of
+the assets as follows:
+Leasehold land
+Machinery and other equipment
+租賃
+1至20年
+1至5年
+機器及其他設備
+1 to 5 years
+樓宇
+1 to 20 years
+30至99年
+比亞迪股份有限公司
+租賃土地
+於租賃開始日期(即相關資產可供使
+用的日期)確認使用權資產。使用權
+資產按成本計量,扣除任何累計折舊
+及任何減值虧損,並就重新計量租賃
+負債作出調整。使用權資產的成本包
+括已確認的租賃負債金額、已發生的
+初始直接成本、以及於開始日期或之
+前作出的租賃款項付款減已收取的租
+賃優惠。使用權資產按直線基準於租
+賃期及該資產的估計可使用年期兩者
+中較短者折舊如下:
+使用權資產
+(a)
+本集團就所有租賃採用單一確認及計量方
+法,惟短期租賃及低價值資產租賃除外。本
+集團確認租賃付款的租賃負債及使用權資產
+(即使用相關資產的權利)。
+本集團作為承租人
+本集團於合同開始時評估合同是否屬於或包
+含租賃。倘合同為換取代價而給予可在一段
+時間內控制使用可識別資產的權利,則該合
+同屬於或包含租賃。
+30 to 99 years
+138
+BYD Company Limited
+軟件按成本減任何減值虧損列賬,並按直線
+法於其估計可使用年期一到五年內攤銷。
+Expenditure incurred on projects to develop new products
+is capitalised and deferred only when the Group can
+demonstrate the technical feasibility of completing the
+intangible asset so that it will be available for use or sale,
+its intention to complete and its ability to use or sell the
+asset, how the asset will generate future economic benefits,
+the availability of resources to complete the project and
+the ability to measure reliably the expenditure during the
+development. Product development expenditure which
+does not meet these criteria is expensed when incurred.
+All research costs are charged to the statement of profit or
+loss as incurred.
+Research and development costs
+Intangible assets (other than goodwill) (continued)
+重要會計政策摘要(續)
+2.4
+Deferred development costs are stated at cost less any
+impairment losses. The development costs are amortised
+using the straight-line basis over the commercial lives of
+the underlying products not exceeding ten years, except
+for those of new energy vehicles which are amortised using
+the unit-of-production method, commencing from the date
+when the products are put into commercial production.
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+137
+Annual Report 2021
+二零二一年年報
+單獨收購的無形資產於初步確認時按成本計
+量。業務合併中所收購無形資產的成本為收
+購日期的公允價值。無形資產的可使用年期
+乃評估為有限或無限。具有限年期的無形資
+產其後於可使用經濟年期攤銷,並於該無形
+資產出現減值跡象時作減值評估。具有限可
+使用年期的無形資產的攤銷年期及攤銷方法
+須至少於每個財政年度年底審核。
+2.4
+因投資性房地產報廢或出售而產生的任何收
+益或虧損於報廢或出售年度的損益表內確
+認。
+Industrial proprietary rights
+basis over their estimated useful lives of two to ten years.
+軟件
+技術按成本減任何減值虧損列賬,並按直線
+法於其估計可使用年期一到五年內攤銷。
+技術
+工業產權按成本減任何減值虧損列賬,並按
+直線法於其估計可使用年限二至十年內攤
+銷。
+工業產權
+遞延開發成本按成本減任何減值虧損列賬。
+開發成本採用直線法在相關產品投入商業生
+產之日起不超過十年的使用年限內攤銷,惟
+新能源汽車自產品投入商業生產日期開始採
+用單位生產法攤銷。
+Industrial proprietary rights are stated at cost less any
+impairment losses and are amortised on the straight-line
+開發新產品項目所產生的開支僅在下列情況
+下資本化並作遞延處理:本集團可確定完成
+該項無形資產以作使用或出售用途在技術上
+為可行;本集團有意完成該項無形資產,並
+能夠使用或出售該項資產;本集團可證明該
+項資產日後將如何產生經濟利益;完成該項
+目的可用資源充足;以及有能力在開發過程
+中可靠地計量開支。不符合此等標準的產品
+開發開支在產生時支銷。
+研究與開發成本
+無形資產(商譽除外)(續)
+Software is stated at cost less any impairment losses and
+is amortised on the straight-line basis over its estimated
+useful life of one to five years.
+Software
+Know-how is stated at cost less any impairment losses and
+is amortised on the straight-line basis over its estimated
+useful life of one to five years.
+Know-how
+所有研究成本均於產生時自損益表扣除。
+Buildings
+一間實體為第三方實體的合營
+公司,而另一實體為該第三方
+實體的聯營公司;
+Intangible assets (other than goodwill)
+於每個報告期末會就是否有任何跡象顯示過
+往確認的減值虧損不再存在或已可能減少作
+出評估。倘存有一種該等跡象,便估計可收
+回金額。除商譽外,僅於釐定資產的可收回
+金額的估計出現變動時,於過往確認的資產
+減值虧損方予以撥回。估計之可收回金額不
+得高於假定過往年度並無就該資產確認任何
+減值虧損所釐定的賬面值(扣除任何折舊/
+攤銷)。減值虧損撥回於產生期間計入損益
+表內。
+減值虧損僅於資產賬面價值超逾可收回金額
+時確認。於評估使用價值時,估計未來現金
+流量按可反映現時市場對貨幣時間價值的評
+估及資產特定風險的税前折現率折現至現
+值。減值虧損於產生期間於損益表內與減值
+資產功能一致的開支類別中扣除。
+非金融資產減值(續)
+An assessment is made at the end of each reporting
+period as to whether there is an indication that previously
+recognised impairment losses may no longer exist or
+I may have decreased. If such an indication exists, the
+recoverable amount is estimated. A previously recognised
+impairment loss of an asset other than goodwill is reversed
+only if there has been a change in the estimates used to
+determine the recoverable amount of that asset, but not to
+an amount higher than the carrying amount that would have
+been determined (net of any depreciation/amortisation) had
+no impairment loss been recognised for the asset in prior
+years. A reversal of such an impairment loss is credited
+to the statement of profit or loss in the period in which it
+arises.
+An impairment loss is recognised only if the carrying
+amount of an asset exceeds its recoverable amount. In
+assessing value in use, the estimated future cash flows are
+discounted to their present value using a pre-tax discount
+rate that reflects current market assessments of the time
+value of money and the risks specific to the asset. An
+impairment loss is charged to the statement of profit or loss
+in the period in which it arises in those expense categories
+consistent with the function of the impaired asset.
+Impairment of non-financial assets (continued)
+重要會計政策摘要(續)
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+Related parties
+比亞迪股份有限公司
+BYD Company Limited
+倘有跡象顯示出現減值或須就資產進行年
+度減值測試(存貨、合同資產、遞延稅項資
+產、金融資產、投資物業及持作出售已竣工
+物業除外),則會估計資產的可收回金額。
+資產的可收回金額按資產或現金產生單位的
+使用價值與公允價值減出售成本二者之間的
+較高者計算,並就個別資產而釐定,除非有
+關資產並無產生大致獨立於其他資產或資產
+類別的現金流入,在此情況下,可收回金額
+就資產所屬的現金產生單位而釐定。對現金
+產生單位進行減值測試時,倘若公司資產賬
+面值的一部分(例如總部��樓)能夠以合理
+及一致的基準分配,則將其分配至個別現金
+產生單位,或分配至最小組別的現金產生單
+位。
+非金融資產減值
+就按經常性基準於財務報表確認的資產及負
+債而言,本集團於各報告期末透過重新評估
+分類(基於對整體公允價值計量屬重要的最
+低水平輸入數據)而確定各等級之間是否已
+進行轉撥。
+-根據估值方法(對公允價值計量
+屬重要的最低水平輸入數據不
+可觀察)進行計量
+- 根據估值方法(對公允價值計量
+屬重要的最低水平輸入數據可
+直接或間接觀察)進行計量
+以相同資產或負債的活躍市場
+報價(未經調整)為基礎進行計
+量
+第三級
+第二級
+consistent basis or, otherwise, to the smallest group of
+cash-generating units.
+Where an indication of impairment exists, or when annual
+impairment testing for an asset is required (other than
+inventories, contract assets, deferred tax assets, financial
+assets, investment properties and completed property held
+for sale), the asset's recoverable amount is estimated. An
+asset's recoverable amount is the higher of the asset's
+or cash-generating unit's value in use and its fair value
+less costs of disposal, and is determined for an individual
+asset, unless the asset does not generate cash inflows
+that are largely independent of those from other assets or
+groups of assets, in which case the recoverable amount is
+determined for the cash-generating unit to which the asset
+belongs. In testing a cash-generating unit for impairment,
+a portion of the carrying amount of a corporate asset (e.g.,
+a headquarters building) is allocated to an individual cash-
+generating unit if it can be allocated on a reasonable and
+Impairment of non-financial assets
+measurement as a whole) at the end of each reporting
+period.
+132
+lowest level input that is significant to the fair value
+A party is considered to be related to the Group if:
+任何一方如屬以下情況,即視為本集團的關
+聯方:
+Related parties (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+133
+Annual Report 2021
+二零二一年年報
+或
+"
+or
+關聯方
+為本集團或本集團母公司的主
+要管理成員;
+is a member of the key management
+personnel of the Group or of a parent of the
+Group;
+(iii)
+對本集團有重大影響力;或
+(ii)
+has significant influence over the Group; or
+(ii)
+控制或共同控制本集團;
+(i)
+(i) has control or joint control over the Group;
+該方為一名人士或該名人士家族的近
+親,而該名人士
+(a)
+the party is a person or a close member of that
+person's family and that person,
+(a)
+(iii)
+關聯方(續)
+For assets and liabilities that are recognised in the financial
+statements on a recurring basis, the Group determines
+whether transfers have occurred between levels in the
+hierarchy by reassessing categorisation (based on the
+based on valuation techniques for which the
+lowest level input that is significant to the
+fair value measurement is observable, either
+directly or indirectly
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+130
+BYD Company Limited
+商譽分配至現金產生單位(或現金產生單位
+組),且該單位部分業務出售時,與售出業
+務有關的商譽將計入業務賬面值以釐定出售
+盈虧。於該等情況售出的商譽,按售出業務
+及保留的現金產生單位部分相對價值基準計
+量。
+減值按與商譽有關的現金產生單位(現金產
+生單位組)可收回款額進行評估釐定。倘現
+金產生單位(現金產生單位組)的可收回款額
+低於賬面值,則確認減值虧損。就商譽確認
+的減值虧損不會於其後撥回。
+於初步確認後,商譽按成本減任何累計減值
+虧損計量。商譽須每年作減值測試,若有事
+件發生或情況改變顯示賬面值有可能減值
+時,則會更頻密地進行測試。本集團每年於
+十二月三十一日對商譽進行年度減值測試。
+就減值測試而言,於業務合併所收購的商
+譽,乃自收購日期起分配至預期於合併的協
+同效益中受惠的本集團每個現金產生單位或
+各現金產生單位組,而不論本集團其他資產
+或負債有否轉撥至該等單位或單位組。
+商譽初步按成本計量,即已轉讓總代價、已
+確認非控股權益及本集團過往持有的被收購
+方股權的公允價值總額,超逾所收購可識別
+資產淨值及所承擔負債的數額。如總代價及
+其他項目的總額低於所收購資產的公允價
+值,於評估後其差額將於損益內確認為議價
+購買收益。
+重要會計政策摘要(續)
+業務合併及商譽 (續)
+Impairment is determined by assessing the recoverable
+amount of the cash-generating unit (group of cash-
+generating units) to which the goodwill relates. Where the
+recoverable amount of the cash-generating unit (group of
+cash-generating units) is less than the carrying amount,
+an impairment loss is recognised. An impairment loss
+recognised for goodwill is not reversed in a subsequent
+period.
+After initial recognition, goodwill is measured at cost less
+any accumulated impairment losses. Goodwill is tested
+for impairment annually or more frequently if events or
+changes in circumstances indicate that the carrying
+value may be impaired. The Group performs its annual
+impairment test of goodwill as at 31 December. For the
+purpose of impairment testing, goodwill acquired in
+a business combination is, from the acquisition date,
+allocated to each of the Group's cash-generating units,
+or groups of cash-generating units, that are expected to
+benefit from the synergies of the combination, irrespective
+of whether other assets or liabilities of the Group are
+assigned to those units or groups of units.
+Goodwill is initially measured at cost, being the excess
+of the aggregate of the consideration transferred, the
+amount recognised for non-controlling interests and any
+fair value of the Group's previously held equity interests
+in the acquiree over the identifiable net assets acquired
+and liabilities assumed. If the sum of this consideration
+and other items is lower than the fair value of the assets
+acquired, the difference is, after reassessment, recognised
+in profit or loss as a gain on bargain purchase.
+Business combinations and goodwill (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+129
+Annual Report 2021
+二零二一年年報
+Where goodwill has been allocated to a cash-generating
+unit (or group of cash-generating units) and part of the
+operation within that unit is disposed of, the goodwill
+associated with the operation disposed of is included in
+the carrying amount of the operation when determining the
+gain or loss on the disposal. Goodwill disposed of in these
+circumstances is measured based on the relative value
+of the operation disposed of and the portion of the cash-
+generating unit retained.
+based on valuation techniques for which the
+lowest level input that is significant to the fair
+value measurement is unobservable
+Fair value measurement
+公允價值計量
+-
+Level 3
+-
+Level 2
+-
+第一級
+於財務報表中以公允價值確認或披露的所有
+資產及負債,均以對整體公允價值計量屬重
+要的最低水平輸入數據為基礎以公允價值等
+級分類如下:
+公允價值計量(續)
+based on quoted prices (unadjusted) in active
+markets for identical assets or liabilities
+-
+Level 1
+All assets and liabilities for which fair value is measured
+or disclosed in the financial statements are categorised
+within the fair value hierarchy, described as follows, based
+on the lowest level input that is significant to the fair value
+measurement as a whole:
+Fair value measurement (continued)
+The Group measures its listed equity investments and
+derivative financial instruments at fair value at the end of
+each reporting period. Fair value is the price that would
+be received to sell an asset or paid to transfer a liability in
+an orderly transaction between market participants at the
+measurement date. The fair value measurement is based
+on the presumption that the transaction to sell the asset
+or transfer the liability takes place either in the principal
+market for the asset or liability, or in the absence of a
+principal market, in the most advantageous market for the
+asset or liability. The principal or the most advantageous
+market must be accessible by the Group. The fair value of
+an asset or a liability is measured using the assumptions
+that market participants would use when pricing the asset
+or liability, assuming that market participants act in their
+economic best interest.
+重要會計政策摘要(續)
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+131
+Annual Report 2021
+二零二一年年報
+本集團使用適用於不同情況的估值方法,而
+其有足夠數據計量公允價值,並盡量利用相
+關可觀察輸入數據及盡量減少使用不可觀察
+輸入數據。
+非金融資產公允價值的計量參考市場參與者
+可從使用該資產得到的最高及最佳效用,或
+把該資產售予另一可從使用該資產得到最高
+及最佳效用的市場參與者所產生的經濟效
+益。
+relevant observable inputs and minimising the use of
+unobservable inputs.
+The Group uses valuation techniques that are appropriate
+in the circumstances and for which sufficient data are
+available to measure fair value, maximising the use of
+A fair value measurement of a non-financial asset takes into
+account a market participant's ability to generate economic
+benefits by using the asset in its highest and best use or
+by selling it to another market participant that would use
+the asset in its highest and best use.
+本集團於各報告期末以公允價值計量其上市
+權益投資及衍生金融工具。公允價值指市場
+參與者於計量日期在有序交易中出售資產所
+收取或轉讓負債所支付的價格。公允價值計
+量所依據的假設為,出售資產或轉讓負債的
+交易乃於該資產或負債的主要市場進行,或
+如無主要市場,則於對該資產或負債最為有
+利的市場進行。本集團必須可進入該主要或
+最為有利的市場。計量資產或負債的公允價
+值使用市場參與者於為該資產或負債定價時
+所依據的假設,即假設市場參與者按其最佳
+經濟利益行事。
+2.4
+(b) the party is an entity where any of the following
+conditions applies:
+(b)
+該方屬於符合下列任何條件的實體:
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+135
+Annual Report 2021
+二零二一年年報
+0%至5%
+0%-5%
+5年及以下
+5 years and below
+Property, plant and equipment and depreciation
+(continued)
+3 to 5 years
+3至5年
+0%至5%
+0%-5%
+0%至5%
+0%-5%
+於租賃年期內或5年(以較短者為準)
+0%至5%
+0%-5%
+5 to 12 years
+5 years
+Over the shorter of the lease terms and
+10至70年
+10 to 70 years
+並無折舊
+5至12年
+辦公室設備及傢俱
+物業、廠房及設備和折舊(續)
+Where parts of an item of property, plant and equipment
+have different useful lives, the cost of that item is allocated
+on a reasonable basis among the parts and each part
+is depreciated separately. Residual values, useful lives
+and depreciation methods are reviewed, and adjusted if
+appropriate, at least at each financial year end.
+Any gains or losses on the retirement or disposal of an
+investment property are recognised in the statement of
+profit or loss in the year of the retirement or disposal.
+1.4% 9.5%
+樓宇
+1.4% to 9.5%
+Buildings
+各項投資性房地產的折舊乃以直線法按其估
+計可使用年期攤銷其成本至其剩餘價值計
+算。就此採用的主要年率如下:
+投資性房地產乃為賺取租金收入及/或資本
+增值而持有的土地及樓宇權益,而非用於生
+產或供應貨品或服務或用作行政用途;或用
+作在日常業務過程中銷售。投資性房地產按
+照扣除任何折舊及任何虧損的成本(包括交
+易成本)計量。
+投資性房地產
+Depreciation is calculated on the straight-line basis to write
+off the cost of each item of investment properties to its
+residual value over its estimated useful life. The principal
+annual rates used for this purpose as follows:
+Investment properties are interests in land and buildings
+held to earn rental income and/or for capital appreciation,
+rather than for use in the production or supply of goods or
+services or for administrative purposes; or for sale in the
+ordinary course of business. Such properties are measured
+at cost, including transaction costs, less any depreciation
+and any losses.
+Investment properties
+重要會計政策摘要(續)
+2.4
+The unit of production method is used to write off the cost
+of moulds.
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+136
+BYD Company Limited
+在建工程指在建中的物業及廠房,以成本減
+任何減值虧損列賬,且並未計算折舊。成本
+包括於興建期間的直接建築成本及有關借款
+的資本化借款成本。在建工程在竣工及達到
+可使用狀況時重新歸類至適當的物業、廠房
+及設備類別。
+category of property, plant and equipment when completed
+and ready for use.
+Construction in progress representing property and plant
+under construction is stated at cost less any impairment
+losses, and is not depreciated. Cost comprises the direct
+costs of construction and capitalised borrowing costs on
+related borrowed funds during the period of construction.
+Construction in progress is reclassified to the appropriate
+包括已初步確認的任何重要部分的物業、廠
+房及設備項目於被出售或預計其使用或出售
+不再產生未來經濟利益時終止確認。於資產
+終止確認年度因其出售或報廢並在損益表確
+認的任何盈虧乃有關資產的出售所得款項淨
+額與賬面值的差額。
+倘物業、廠房及設備項目各部分的可使用年
+期並不相同,該項目各部分的成本將按合理
+基礎分配,而每部分將個別折舊。剩餘價
+值、可使用年期及折舊方法至少於各財政年
+度年底審核,並在適當情況下加以調整。
+模具成本以生產單位法攤銷。
+An item of property, plant and equipment including any
+significant part initially recognised is derecognised upon
+disposal or when no future economic benefits are expected
+from its use or disposal. Any gain or loss on disposal or
+retirement recognised in the statement of profit or loss
+in the year the asset is derecognised is the difference
+between the net sales proceeds and the carrying amount
+of the relevant asset.
+二零二一年十二月三十一日
+Office equipment and fixtures
+車輛
+Motor vehicles
+a person identified in (a)(i) has significant
+influence over the entity or is a member of
+the key management personnel of the entity
+(or of a parent of the entity); and
+(viii)
+(vii)
+該實體由(a)項所述人士控制
+或共同控制;
+(vi)
+the entity is controlled or jointly controlled by
+a person identified in (a);
+(vi)
+該實體為離職後福利計劃,該
+計劃的受益人為本集團或與本
+集團有關聯的實體的僱員;
+(v)
+the entity is a post-employment benefit plan
+for the benefit of employees of either the
+Group or an entity related to the Group;
+(v)
+the Group by the end of the lease term or the
+cost reflects the exercise of a purchase option,
+depreciation is calculated using the estimated
+useful life of the asset.
+(iv)
+the entity, or any member of a group of
+which it is a part, provides key management
+personnel services to the Group or to the
+parent of the Group.
+one entity is a joint venture of a third entity
+and the other entity is an associate of the
+third entity;
+該實體及本集團均為同一第三
+方的合營公司;
+(iii)
+the entity and the Group are joint ventures of
+the same third party;
+(iii)
+實體的母公司、附屬公司或同
+系附屬公司)的聯營公司或合
+營公司;
+一間實體為另一實體(或另一
+(ii)
+one entity is an associate or joint venture of
+the other entity (or of a parent, subsidiary or
+fellow subsidiary of the other entity);
+(ii)
+該實體與本集團屬同一集團之
+成員公司;
+(i)
+the entity and the Group are members of the
+same group;
+(i)
+(iv)
+(viii) 實體或一間集團之任何成員公
+司(為集團之一部分)向本集
+團或本集團的母公司提供主要
+管理人員服務。
+(vii)
+於(a)(i)項所述人士對該實體
+有重大影響或屬該實體(或該
+實體的母公司)主要管理成
+員;及
+Machinery and equipment (except moulds)
+機器及設備(模具除外)
+租賃物業裝修
+Leasehold improvements
+樓宇
+Buildings
+永久業權土地
+Freehold land
+剩餘價值
+Residual value
+Not depreciated
+估計可使用年期
+Estimated useful lives
+除模具外,每項物業、廠房及設備項目的折
+舊乃以直線法按其估計可使用年期攤銷其成
+本至其剩餘價值計算。估計可使用年期及剩
+餘價值如下:
+物業、廠房及設備(在建工程除外)乃按成本
+值減累計折舊及任何減值虧損列賬。物業、
+廠房及設備項目的成本指其購買價及使資產
+達到可使用狀況及運送至其計劃中使用地點
+的任何直接應佔成本。物業、廠房及設備項
+目開始運作後產生的開支,例如維修保養的
+成本,一般於產生期內在損益表中列支。在
+達到確認標準的情況下,主要檢測所產生的
+開支在資產賬面值中資本化為重置。倘大部
+分物業、廠房及設備須不時重置,則本集團
+會將有關部分確認為具特定使用年期的個別
+資產並會作出相應折舊。
+物業、廠房及設備和折舊
+its estimated useful life. The estimated useful lives and
+residual value are as follows:
+Except for moulds, depreciation is calculated on the
+straight-line basis to write off the cost of each item of
+property, plant and equipment to its residual value over
+Property, plant and equipment, other than construction in
+progress, are stated at cost less accumulated depreciation
+and any impairment losses. The cost of an item of property,
+plant and equipment comprises its purchase price and
+any directly attributable costs of bringing the asset to
+its working condition and location for its intended use.
+Expenditure incurred after items of property, plant and
+equipment have been put into operation, such as repairs
+and maintenance, is normally charged to the statement
+of profit or loss in the period in which it is incurred. In
+situations where the recognition criteria are satisfied, the
+expenditure for a major inspection is capitalised in the
+carrying amount of the asset as a replacement. Where
+significant parts of property, plant and equipment are
+required to be replaced at intervals, the Group recognises
+such parts as individual assets with specific useful lives
+and depreciates them accordingly.
+Property, plant and equipment and depreciation
+重要會計政策摘要(續)
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+134
+BYD Company Limited
+Intangible assets acquired separately are measured on
+initial recognition at cost. The cost of intangible assets
+acquired in a business combination is the fair value at the
+date of acquisition. The useful lives of intangible assets are
+assessed to be either finite or indefinite. Intangible assets
+with finite lives are subsequently amortised over the useful
+economic life and assessed for impairment whenever there
+is an indication that the intangible asset may be impaired.
+The amortisation period and the amortisation method for an
+intangible asset with a finite useful life are reviewed at least
+at each financial year end.
+倘租賃資產的所有權於租賃期結束前
+轉移至本集團或成本反映購買選擇權
+的行使,折舊則以資產的估計可使用
+年期計算。
+POLICIES (CONTINUED)
+財務報表附註
+投資及其他金融資產(續)
+cash flows, selling the financial assets, or both. Financial
+assets classified and measured at amortised cost are
+held within a business model with the objective to hold
+financial assets in order to collect contractual cash flows,
+while financial assets classified and measured at fair value
+through other comprehensive income are held within a
+business model with the objective of both holding to collect
+contractual cash flows and selling. Financial assets which
+are not held within the aforementioned business models
+are classified and measured at fair value through profit or
+loss.
+The Group's business model for managing financial assets
+refers to how it manages its financial assets in order to
+generate cash flows. The business model determines
+whether cash flows will result from collecting contractual
+Initial recognition and measurement (continued)
+Investments and other financial assets (continued)
+Annual Report 2021
+二零二一年年報
+139
+Notes to Financial Statements
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+2.4
+重要會計政策摘要(續)
+初步確認及計量(續)
+POLICIES (CONTINUED)
+租賃(續)
+本集團作為承租人(續)
+Group as a lessee (continued)
+(b) Lease liabilities
+Lease liabilities are recognised at the
+commencement date of the lease at the present
+value of lease payments to be made over the lease
+term. The lease payments include fixed payments
+(including in-substance fixed payments) less
+any lease incentives receivable, variable lease
+payments that depend on an index or a rate, and
+amounts expected to be paid under residual value
+guarantees. The lease payments also include the
+exercise price of a purchase option reasonably
+certain to be exercised by the Group and payments
+of penalties for termination of a lease, if the lease
+term reflects the Group exercising the option to
+terminate the lease. The variable lease payments
+that do not depend on an index or a rate are
+recognised as an expense in the period in which the
+event or condition that triggers the payment occurs.
+In calculating the present value of lease payments,
+the Group uses its incremental borrowing rate at
+the lease commencement date because the interest
+rate implicit in the lease is not readily determinable.
+After the commencement date, the amount of lease
+liabilities is increased to reflect the accretion of
+interest and reduced for the lease payments made.
+In addition, the carrying amount of lease liabilities
+is remeasured if there is a modification, a change
+in the lease term, a change in lease payments
+(e.g., a change to future lease payments resulting
+from a change in an index or rate) or a change in
+assessment of an option to purchase the underlying
+asset.
+(b)
+租賃負債
+於租賃開始日期按租賃期內將予作出
+的租賃付款現值確認租賃負債。租賃
+付款包括固定付款(包括實質固定付
+款)減任何應收租賃優惠,取決於指
+數或比率的可變租賃付款及預期根據
+剩餘價值擔保將予支付的金額。租賃
+付款亦包括本集團合理確定行使的購
+買選擇權的行使價,並且倘租賃期反
+映本集團行使終止租賃選擇權,則須
+就終止租賃支付罰款。不取決於某一
+指數或比率的可變租賃付款於觸發付
+款的事件或狀況出現期間確認為開
+支。
+計算租賃付款的現值時,由於租賃中
+所隱含的利率不易釐定,故本集團於
+租賃開始日期使用其遞增借貸利率。
+於開始日期後,租賃負債金額增加,
+以反映利息的增加及所作出的租賃付
+款減少。此外,倘存在修改、租期變
+動、租賃付款變動(例如:由指數或
+比率變動引起的未來租賃付款變動)
+或購買相關資產的選擇權的評估變
+動,則重新計量租賃負債的賬面值。
+BYD Company Limited
+140
+Leases (continued)
+比亞迪股份有限公司
+本集團管理金融資產的業務模式指其管理其
+金融資產以產生現金流量的方式。業務模式
+釐定現金流量是否來自收集合同現金流量、
+出售金融資產,或兩者兼有。以攤銷成本分
+類及計量的金融資產於旨在持有金融資產於
+以收取合同現金流量的業務模式中持有,而
+以公允價值分類及計量���計入其他綜合收益
+分類及計量的金融資產於旨在持有以收取合
+同現金流量及銷售的的業務模式中持有。並
+非於上述業務模式持有的金融資產以公允價
+值分類及計量並計入損益。
+Subsequent measurement
+指定以公允價值計量並計入其他綜合收益的
+金融資產(股本工具)
+就應收款項融資而言,利息收入、匯兌重估
+及減值虧損或撥回於損益表中確認,並按與
+以攤銷成本計量的金融資產相同的方式計
+量。其餘公允價值變動於其他綜合收益中確
+認。終止確認時,於其他綜合收益中確認的
+累計公允價值變動將重新計入損益表。
+以公允價值計量並計入其他綜合收益的金融
+資產(債務工具)
+投資及其他金融資產 (續)
+Gains and losses on these financial assets are never
+recycled to the statement of profit or loss. Dividends are
+recognised as other income in the statement of profit or
+loss when the right of payment has been established, it
+is probable that the economic benefits associated with
+the dividend will flow to the Group and the amount of
+the dividend can be measured reliably, except when the
+Group benefits from such proceeds as a recovery of part
+of the cost of the financial asset, in which case such gains
+are recorded in other comprehensive income. Equity
+investments at fair value through other comprehensive
+income are not subject to impairment assessment.
+Upon initial recognition, the Group can elect to classify
+irrevocably its equity investments as equity investments
+at fair value through other comprehensive income when
+they meet the definition of equity under HKAS 32 Financial
+Instruments: Presentation and are not held for trading. The
+classification is determined on an instrument-by-instrument
+basis.
+Financial assets designated at fair value through other
+comprehensive income (equity investments)
+For receivables financing, interest income, foreign
+exchange revaluation and impairment losses or reversals
+are recognised in the statement of profit or loss and
+computed in the same manner as for financial assets
+measured at amortised cost. The remaining fair value
+changes are recognised in other comprehensive income.
+Upon derecognition, the cumulative fair value change
+recognised in other comprehensive income is recycled to
+the statement of profit or loss.
+Financial assets at fair value through other comprehensive
+income (debt instruments)
+Investments and other financial assets (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+All regular way purchases and sales of financial assets
+are recognised on the trade date, that is, the date that
+the Group commits to purchase or sell the asset. Regular
+way purchases or sales are purchases or sales of financial
+assets that require delivery of assets within the period
+generally established by regulation or convention in the
+marketplace.
+2.4
+財務報表附註
+Notes to Financial Statements
+143
+以攤銷成本計量的金融資產其後使用實際利
+率法計量,並受限於減值。當資產終止確
+認、修訂或減值時,收益及虧損於損益表中
+確認。
+以攤銷成本計量的金融資產(債務工具)
+in the statement of profit or loss when the asset is
+derecognised, modified or impaired.
+measured using the effective interest method and are
+subject to impairment. Gains and losses are recognised
+Financial assets at amortised cost are subsequently
+金融資產的後續計量視乎其以下分類而定:
+後續計量
+所有一般買賣的金融資產概於交易日(即本
+集團承諾買賣該資產的日期)予以確認。
+般買賣乃指按照一般市場規定或慣例須在一
+定期間內交付資產的金融資產買賣。
+Financial assets at amortised cost (debt instruments)
+The subsequent measurement of financial assets depends
+on their classification as follows:
+31 December 2021
+二零二一年十二月三十一日
+於初步確認時,本集團可選擇於股本投資符
+合《香港會計準則》第32號金融工具:呈列項
+下股本的定義及並非持作買賣時,將其股本
+投資不可撤回地分類為以公允價值計量並計
+入其他綜合收益的股本投資。分類乃按個別
+工具基準釐定。
+Notes to Financial Statements
+31 December 2021
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Investments and other financial assets
+投資及其他金融資產
+Initial recognition and measurement
+Financial assets are classified, at initial recognition, as
+subsequently measured at amortised cost, fair value
+through other comprehensive income, and fair value
+through profit or loss.
+The classification of financial assets at initial recognition
+depends on the financial asset's contractual cash flow
+characteristics and the Group's business model for
+managing them. With the exception of trade receivables
+that do not contain a significant financing component or for
+which the Group has applied the practical expedient of not
+adjusting the effect of a significant financing component,
+the Group initially measures a financial asset at its fair
+value, plus in the case of a financial asset not at fair value
+through profit or loss, transaction costs. Trade receivables
+that do not contain a significant financing component or
+for which the Group has applied the practical expedient
+are measured at the transaction price determined under
+HKFRS 15 in accordance with the policies set out for
+“Revenue recognition” below.
+In order for a financial asset to be classified and measured
+at amortised cost or fair value through other comprehensive
+income, it needs to give rise to cash flows that are solely
+payments of principal and interest ("SPPI") on the principal
+amount outstanding. Financial assets with cash flows that
+are not SPPI are classified and measured at fair value
+through profit or loss, irrespective of the business model.
+141
+初步確認及計量
+金融資產於初始確認時之分類乃視乎該等金
+融資產的合同現金流量特點及本集團管理該
+等金融資產的業務模式而定。除並不包含重
+大融資成分或本集團已就此應用不調整重大
+融資成分影響的實際權宜方法之應收貿易賬
+款外,本集團初始以公允價值加上(倘金融
+資產並非以公允價值計量並計入損益)交易
+成本計量金融資產。並不包含重大融資成分
+或本集團已應用實際權宜方法之應收貿易賬
+款,乃按根據《香港財務報告準則》第15號按
+下文「收入確認」所載政策釐定之交易價格計
+量。
+為使金融資產以攤銷成本或以公允價值計量
+並計入其他綜合收益進行分類及計量,需產
+生僅為支付本金及未償還本金利息(「SPPI」)
+的現金流量。現金流量並非SPPI的金融資產
+以公允價值計量並計入損益分類及計量,不
+論其業務模式如何。
+BYD Company Limited
+142
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+金融資產於初步確認時分類為其後以攤銷成
+本、以公允價值計量並計入其他綜合收益及
+以公允價值計量並計入損益計量。
+財務報表附註
+Annual Report 2021
+二零二一年年報
+本集團並無轉讓資產所有權所附帶的絕大部
+分風險及回報的租賃分類為經營租賃。倘合
+同包括租賃及非租賃部分,本集團根據相對
+獨立的售價基準將合同代價分配予各部分。
+租金收入於租期內按直線法入賬,並根據其
+經營性質計入損益表內的收入。協商及安排
+經營租賃的初始直接成本計入租賃資產的賬
+面值,並按與租金收入相同之基準於租期內
+確認。或然租金於賺取期間確認為收入。
+二零二一年十二月三十一日
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+2.4
+重要會計政策摘要(續)
+POLICIES (CONTINUED)
+Leases (continued)
+租賃(續)
+Group as a lessee (continued)
+本集團作為承租人(續)
+Short-term leases and leases of low-value assets
+(c)
+短期租賃及低價值資產租賃
+(c)
+將相關資產所有權所附帶的絕大部分風險及
+回報轉讓予承租人的租賃入賬列作融資租
+賃。
+The Group applies the short-term lease recognition
+exemption to its short-term leases (that is those
+leases that have a lease term of 12 months or less
+from the commencement date and do not contain
+a purchase option). It also applies the recognition
+exemption for leases of low-value assets to leases
+of office equipment and laptop computers that are
+considered to be of low value.
+low-value assets are recognised as an expense on
+a straight-line basis over the lease term.
+Group as a lessor
+When the Group acts as a lessor, it classifies at lease
+inception (or when there is a lease modification) each of its
+leases as either an operating lease or a finance lease.
+Leases in which the Group does not transfer substantially
+all the risks and rewards incidental to ownership of
+an asset are classified as operating leases. When a
+contract contains lease and non-lease components, the
+Group allocates the consideration in the contract to each
+component on a relative stand-alone selling price basis.
+Rental income is accounted for on a straight-line basis over
+the lease terms and is included in revenue in the statement
+of profit or loss due to its operating nature. Initial direct
+costs incurred in negotiating and arranging an operating
+lease are added to the carrying amount of the leased asset
+and recognised over the lease term on the same basis as
+rental income. Contingent rents are recognised as revenue
+in the period in which they are earned.
+Leases that transfer substantially all the risks and rewards
+incidental to ownership of an underlying asset to the lessee
+are accounted for as finance leases.
+本集團將短期租賃(即租期自開始日
+期起計為期12個月或以內並不包含購
+買選擇權的租賃)應用短期租賃確認
+豁免。其亦對被認為屬低價值的辦公
+設備及筆記本電腦的租賃應用低價值
+資產租賃確認豁免。
+短期租賃及低價值資產租賃的租賃付
+款於租期內按直線法確認為開支。
+本集團作為出租人
+當本集團作為出租人時,於租賃開始時(或
+發生租賃修改時)將其各項租賃分類為經營
+租賃或融資租賃。
+Lease payments on short-term leases and leases of
+該等金融資產的收益及虧損概不會被重新計
+入損益表。當支付權確立、與股息有關之經
+濟利益可能流入本集團且股息金額能夠可靠
+計量時,股息於損益表中確認為其他收入,
+惟當本集團於作為收回金融資產一部分成本
+的所得款項中獲益時則除外,於此等情況
+下,該等收益於其他綜合收益入賬。以公允
+價值計入其他綜合收益的股本投資不受減值
+評估影響。
+Annual Report 2021
+二零二一年年報
+144
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+148
+BYD Company Limited
+應收款項融資及以攤銷成本計量的金融資產
+根據一般方式須予減值,並按以下為計量預
+期信貸虧損的階段分類,惟應用簡化法(於
+下文詳述)的應收貿易賬款及合同資產除外。
+倘合同款項已逾90日未還款,則本集團認為
+金融資產違約。然而,在若干情況下,倘內
+部或外部資料反映,在計及本集團持有的任
+何信貸提升措施前,本集團不大可能悉數收
+取未償還合同款項,則本集團亦可認為金融
+資產違約。倘無法合理預期收回合同現金流
+量,則撇銷金融資產。
+就應收款項融資而言,本集團應用低信貸風
+險簡化法。於各報告日期,本集團運用一切
+毋須花費不必要成本或精力即可得之合理且
+可證明的資料,評估應收款項融資是否被視
+為具有低信貸風險。於評估時,本集團重新
+評估應收款項融資的外部信貸評級。此外,
+倘合同款項逾期未還款,則本集團認為信貸
+風險大幅上升。
+一般方式(續)
+BYD Company Limited
+contract assets which apply the simplified approach as
+detailed below.
+Receivables financing and financial assets at amortised
+cost are subject to impairment under the general approach
+and they are classified within the following stages for
+measurement of ECLs except for trade receivables and
+二零二一年十二月三十一日
+The Group considers a financial asset in default when
+contractual payments are 90 days past due. However, in
+certain cases, the Group may also consider a financial
+asset to be in default when internal or external information
+indicates that the Group is unlikely to receive the
+outstanding contractual amounts in full before taking into
+account any credit enhancements held by the Group. A
+financial asset is written off when there is no reasonable
+expectation of recovering the contractual cash flows.
+General approach (continued)
+Impairment of financial assets (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+147
+Annual Report 2021
+二零二一年年報
+於各報告日期,本集團評估於初始確認時金
+融工具的信貸風險是否顯著增加。於進行評
+估時,本集團將金融工具於報告日期發生的
+違約風險與金融工具於初始確認日期發生的
+違約風險進行比較,並考慮無需過多成本或
+努力即可得之合理且可證明的資料,包括歷
+史及前瞻性資料。
+預期信貸虧損分兩個階段確認。就初始確認
+以來信貸風險並無大幅增加的信貸敞口而
+言,會為未來12個月內(12個月預期信貸虧
+損)可能發生的違約事件所產生的信貸虧損
+計提預期信貸虧損撥備。就初始確認以來信
+貸風險大幅增加的信貸敞口而言,須就預期
+於敞口的餘下年期產生的信貸虧損計提減值
+撥備,不論違約的時間(年限內預期信貸虧
+損)。
+For receivables financing, the Group applies the low credit
+risk simplification. At each reporting date, the Group
+evaluates whether the receivables financing is considered
+to have low credit risk using all reasonable and supportable
+information that is available without undue cost or effort. In
+making that evaluation, the Group reassesses the external
+credit ratings of the receivables financing. In addition, the
+Group considers that there has been a significant increase
+in credit risk when contractual payments are past due.
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+就包含重大融資成分的應收貿易賬款及合同
+資產以及應收租賃款項而言,本集團所選��
+之會計政策為採用簡化方法按上述政策計算
+預期信貸虧損。
+就不包含顯著融資組成部分或倘本集團應用
+不調整顯著融資組成部分影響的實際權宜方
+法的應收貿易賬款,本集團應用簡化法計算
+預期信貸虧損。根據簡化法,本集團並無追
+蹤信貸風險的變動,反而於各報告日期根據
+年限內預期信貸虧損確認虧損撥備。本集團
+已根據其以往信貸虧損經驗,建立撥備矩
+陣,並就債務人及經濟環境的特定前瞻性因
+素作出調整。
+·金融資產於報告日期為信貸減
+值(惟其並非購買或原已發生信
+貸減值的金融工具),且虧損撥
+備按相等於年限內預期信貸虧
+損金額計量
+·金融工具的信貸風險自初步確
+認後顯著增加,惟其並非已發
+生信貸減值的金融資產,且虧
+損撥備按相等於年限內預期信
+貸虧損金額計量
+-
+簡化法
+階段3
+階段2
+-金融工具的信貸風險自初步確
+認後並未顯著增加,且虧損撥
+備按相等於12個月預期信貸虧
+損金額計量
+階段1
+一般方式(續)
+金融資產減值(續)
+simplified approach in calculating ECLs with policies as
+described above.
+the Group chooses as its accounting policy to adopt the
+significant financing component and lease receivables,
+For trade receivables and contract assets that contain a
+the simplified approach in calculating ECLs. Under the
+simplified approach, the Group does not track changes in
+credit risk, but instead recognises a loss allowance based
+on lifetime ECLs at each reporting date. The Group has
+established a provision matrix that is based on its historical
+credit loss experience, adjusted for forward-looking factors
+specific to the debtors and the economic environment.
+significant financing component, the Group applies
+For trade receivables that do not contain a significant
+financing component or when the Group applies the
+practical expedient of not adjusting the effect of a
+Simplified approach
+Financial assets that are credit-impaired at
+the reporting date (but that are not purchased
+or originated credit-impaired) and for which
+the loss allowance is measured at an amount
+equal to lifetime ECLS
+Financial instruments for which credit risk has
+increased significantly since initial recognition
+but that are not credit-impaired financial
+assets and for which the loss allowance is
+measured at an amount equal to lifetime ECLS
+Financial instruments for which credit risk
+has not increased significantly since initial
+recognition and for which the loss allowance
+is measured at an amount equal to 12-month
+ECLS
+-
+Stage 3
+Stage 2
+Stage 1
+General approach (continued)
+Impairment of financial assets (continued)
+一般方式
+At each reporting date, the Group assesses whether
+the credit risk on a financial instrument has increased
+significantly since initial recognition. When making the
+assessment, the Group compares the risk of a default
+occurring on the financial instrument as at the reporting
+date with the risk of a default occurring on the financial
+instrument as at the date of initial recognition and
+considers reasonable and supportable information that is
+available without undue cost or effort, including historical
+and forward-looking information.
+金融資產減值(續)
+ECLS are recognised in two stages. For credit exposures
+for which there has not been a significant increase in credit
+risk since initial recognition, ECLs are provided for credit
+losses that result from default events that are possible
+within the next 12 months (a 12-month ECL). For those
+credit exposures for which there has been a significant
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+145
+Annual Report 2021
+二零二一年年報
+混合合同內之含有金融資產主體的嵌入式衍
+生工具並不會獨立列賬。金融資產主體連同
+嵌入式衍生工具整體須分類為以公允價值計
+量並計入損益的金融資產。
+倘經濟特點及風險並無密切與主體關連,混
+合合同內之含有金融負債或非金融主體的嵌
+入式衍生工具可與主體分開處理及入賬作獨
+立衍生工具;另一項與該嵌入式衍生工具的
+條款相同的獨立工具符合衍生工具的定義;
+及混合合同並不是以公允價值計量並計入損
+益計量。嵌入式衍生工具以公允價值計量,
+而公允價值變動則於損益表確認。重新評估
+僅在合同條款出現變動致使現金流量出現大
+幅修改或重新分類後金融資產不再屬於以公
+允價值計量並計入損益類別時作出。
+該類別包括本集團並無不可撤銷地選擇以公
+允價值計量並計入其他綜合收益進行分類的
+衍生工具及股本投資。分類為以公允價值計
+量並計入損益之股本投資的股息在支付權確
+立、與股息有關之經濟利益可能流入本集團
+且股息金額能夠可靠計量時,��於損益表中
+確認為其他收入。
+以公允價值計量並計入損益的金融資產乃以
+公允價值於財務狀況表列賬,並將公允價值
+的變動淨額於損益表確認。
+以公允價值計量並計入損益的金融資產
+投資及其他金融資產(續)
+2.4
+is required to be classified in its entirety as a financial
+asset at fair value through profit or loss.
+A derivative embedded in a hybrid contract, with a
+financial liability or non-financial host, is separated from
+the host and accounted for as a separate derivative if the
+economic characteristics and risks are not closely related
+to the host; a separate instrument with the same terms
+as the embedded derivative would meet the definition of
+a derivative; and the hybrid contract is not measured at
+fair value through profit or loss. Embedded derivatives
+are measured at fair value with changes in fair value
+recognised in the statement of profit or loss. Reassessment
+only occurs if there is either a change in the terms of the
+contract that significantly modifies the cash flows that
+would otherwise be required or a reclassification of a
+financial asset out of the fair value through profit or loss
+category.
+This category includes derivative instruments and equity
+investments which the Group had not irrevocably elected
+to classify at fair value through other comprehensive
+income. Dividends on equity investments classified as
+financial assets at fair value through profit or loss are also
+recognised as other income in the statement of profit or
+loss when the right of payment has been established, it
+is probable that the economic benefits associated with
+the dividend will flow to the Group and the amount of the
+dividend can be measured reliably.
+increase in credit risk since initial recognition, a loss.
+allowance is required for credit losses expected over the
+remaining life of the exposure, irrespective of the timing of
+the default (a lifetime ECL).
+Financial assets at fair value through profit or loss
+Investments and other financial assets (continued)
+重要會計政策摘要(續)
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+A derivative embedded within a hybrid contract containing
+a financial asset host is not accounted for separately. The
+financial asset host together with the embedded derivative
+重要會計政策摘要(續)
+Financial assets at fair value through profit or loss are
+carried in the statement of financial position at fair value
+with net changes in fair value recognised in the statement
+of profit or loss.
+A financial asset (or, where applicable, a part of a financial
+asset or part of a group of similar financial assets) is
+Derecognition of financial assets
+General approach
+。
+本集團確認對並非持作以公允價值計量並計
+入損益的所有債務工具的預期信貸虧損(「預
+期信貸虧損」)的一項撥備。預期信貸虧損
+乃基於根據合同到期的合同現金流量與本集
+團預期收取的所有現金流量之間的差額而釐
+定,並以原實際利率的近似值折現。預期現
+金流量將包括出售所持抵押的現金流量或組
+成合同條款的其他信貸提升措施的現金流
+量
+金融資產減值
+The Group recognises an allowance for expected credit
+losses ("ECLS") for all debt instruments not held at fair
+value through profit or loss. ECLs are based on the
+difference between the contractual cash flows due in
+accordance with the contract and all the cash flows that the
+Group expects to receive, discounted at an approximation
+of the original effective interest rate. The expected cash
+flows will include cash flows from the sale of collateral
+held or other credit enhancements that are integral to the
+contractual terms.
+Impairment of financial assets
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+146
+重要會計政策摘要(續)
+持續參與指就已轉讓資產作出的一項擔保,
+按該項資產的原賬面值與本集團或須償還的
+最高代價的較低者計量。
+primarily derecognised (i.e.,removed from the Group's
+BYD Company Limited
+consolidated statement of financial position) when:
+the rights to receive cash flows from the asset have
+expired; or
+the Group has transferred its rights to receive cash
+flows from the asset or has assumed an obligation.
+to pay the received cash flows in full without
+material delay to a third party under a "pass-
+through”arrangement; and either (a) the Group has
+transferred substantially all the risks and rewards of
+the asset, or (b) the Group has neither transferred
+nor retained substantially all the risks and rewards
+of the asset, but has transferred control of the asset.
+Continuing involvement that takes the form of a guarantee
+over the transferred asset is measured at the lower of the
+original carrying amount of the asset and the maximum
+amount of consideration that the Group could be required
+to repay.
+終止確認金融資產
+When the Group has transferred its rights to receive cash
+flows from an asset or has entered into a pass-through
+arrangement, it evaluates if, and to what extent, it has
+retained the risk and rewards of ownership of the asset.
+When it has neither transferred nor retained substantially all
+the risks and rewards of the asset nor transferred control of
+the asset, the Group continues to recognise the transferred
+asset to the extent of the Group's continuing involvement.
+In that case, the Group also recognises an associated
+liability. The transferred asset and the associated liability
+are measured on a basis that reflects the rights and
+obligations that the Group has retained.
+金融資產(或如適用,金融資產其中一部分
+或一組類近金融資產其中部分)主要在下列
+情況下終止確認(即自本集團的合併財務狀
+況表移除):
+自該資產收取現金流量的權利已屆
+滿;或
+本集團已轉讓其收取來自該資產的現
+金流量的權利,或已根據「轉遞」安
+排就向第三者承擔責任全數支付已
+收取現金流量,且無重大延誤,並
+且(a)本集團已轉讓該資產的絕大部
+分風險及回報,或(b)本集團並無轉
+讓或保留該資產的絕大部分風險及回
+報,惟已轉讓該資產的控制權。
+倘若已轉讓其自資產收取現金流量的權利或
+訂立轉遞安排,本集團會評估其有否保留該
+資產所有權的風險及回報以及其程度。當並
+無轉讓或保留該資產的絕大部分風險及回
+報,亦無轉讓該資產的控制權,則本集團繼
+續按其持續參與該資產的程度確認已轉讓資
+產。就此而言,本集團亦將確認相關負債。
+已轉讓資產及相關負債的計量基準反映本集
+團保留的權利及責任。
+Annual Report 2021
+二零二一年年報
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+151
+2.4
+計量攤銷成本時,計及收購的任何折讓或溢
+價及屬實際利率不可分割部分的費用或成
+本。實際利率攤銷入賬損益表內融資成本。
+金融負債及股本工具(續)
+以攤銷成本計量的金融負債(貸款及借貸)
+於初步確認時指定以公允價值計量並計入損
+益的金融負債,僅當《香港財務報告準則》第
+9號的標準達成後,方會於初步確認當日予
+以指定。指定以公允價值計量並計入損益的
+負債之收益或虧損於損益表確認,惟產生自
+本集團本身呈列於其他綜合收益且其後並無
+重新分類至損益表的信貸風險的收益或虧損
+除外。於損益表中確認的公允價值盈虧淨額
+並不包括該等金融負債的任何已收取利息。
+以公允價值計量並計入損益的金融負債(續)
+effective interest rate amortisation is included in finance
+costs in the statement of profit or loss.
+Amortised cost is calculated by taking into account any
+discount or premium on acquisition and fees or costs
+that are an integral part of the effective interest rate. The
+重要會計政策摘要(續)
+Financial liabilities at amortised cost (loans and
+borrowings)
+After initial recognition, interest-bearing loans and
+borrowings are subsequently measured at amortised
+cost, using the effective interest rate method unless the
+effect of discounting would be immaterial, in which case
+they are stated at cost. Gains and losses are recognised
+in the statement of profit or loss when the liabilities are
+derecognised as well as through the effective interest rate
+amortisation process.
+初步確認後,計息貸款及借貸其後採用實際
+利率法以攤銷成本計量,惟折現影響甚微,
+就此而言則按成本列賬。收益及虧損於負債
+終止確認時採用實際利率攤銷程序於損益表
+內予以確認。
+Financial liabilities and equity instruments
+(continued)
+抵銷金融工具
+Financial guarantee contracts
+財務報表附註
+Financial liabilities designated upon initial recognition as at
+fair value through profit or loss are designated at the initial
+date of recognition, and only if the criteria in HKFRS 9 are
+satisfied. Gains or losses on liabilities designated at fair
+value through profit or loss are recognised in the statement
+of profit or loss, except for the gains or losses arising from
+the Group's own credit risk which are presented in other
+comprehensive income with no subsequent reclassification
+to the statement of profit or loss. The net fair value gain or
+loss recognised in the statement of profit or loss does not
+include any interest charged on these financial liabilities.
+Notes to Financial Statements
+比亞迪股份有限公司
+152
+BYD Company Limited
+倘於現時具有可強制執行的法定權利可抵銷
+已確認金額及有意按淨額基準結算,或同時
+變現資產及清償負債時,金融資產及金融負
+債方會予以抵銷並於財務狀況表內呈報淨
+額。
+當現有金融負債為同一貸款人以實質上不同
+條款的負債取代時,或現有負債的條款有重
+大修改時,有關交換或修改則被視為終止確
+認原有負債及確認一項新負債,而有關賬面
+值的差額乃於損益表確認。
+金融負債於負債的責任已解除或註銷或屆滿
+時終止確認。
+終止確認金融負債
+本集團發行的財務擔保合同乃為由於特定債
+務人未能根據債務工具條款於債務到期時償
+付,而須本集團作出付款以就產生的損失賠
+償持有人的合同。財務擔保合同初步按其公
+允價值確認為負債,並就發行擔保直接產生
+的交易成本作出調整。初步確認後,本集團
+以下列兩者較高者計算財務擔保合同:(i)根
+據「金融資產減值」所載政策釐定的預期信貸
+虧損撥備;及(ii)初步確認金額減(如適用)
+已確認收益的累計金額。
+財務擔保合同
+Financial assets and financial liabilities are offset, and the
+net amount is reported in the statement of financial position
+if there is a currently enforceable legal right to offset the
+recognised amounts and there is an intention to settle on
+a net basis, or to realise the assets and settle the liabilities
+simultaneously.
+Offsetting of financial instruments
+When an existing financial liability is replaced by another
+from the same lender on substantially different terms,
+or the terms of an existing liability are substantially
+modified, such an exchange or modification is treated as
+a derecognition of the original liability and a recognition of
+a new liability, and the difference between the respective
+carrying amounts is recognised in the statement of profit or
+loss.
+A financial liability is derecognised when the obligation
+under the liability is discharged or cancelled, or expires.
+Derecognition of financial liabilities
+recognised less, when appropriate, the cumulative amount
+of income recognised.
+Financial guarantee contracts issued by the Group are
+those contracts that require a payment to be made to
+reimburse the holder for a loss it incurs because the
+specified debtor fails to make a payment when due in
+accordance with the terms of a debt instrument. A financial
+guarantee contract is recognised initially as a liability at its
+fair value, adjusted for transaction costs that are directly
+attributable to the issuance of the guarantee. Subsequent
+to initial recognition, the Group measures the financial
+guarantee contracts at the higher of: (i) the ECL allowance
+determined in accordance with the policy as set out in
+“Impairment of financial assets”; and (ii) the amount initially
+金融負債及股本工具(續)
+Financial liabilities at fair value through profit or loss
+(continued)
+衍生金融工具及對沖會計處理方法(續)
+重要會計政策摘要(續)
+The subsequent measurement of financial liabilities
+Subsequent measurement
+payables, interest-bearing bank and other borrowings, and
+derivative financial instruments.
+The Group's financial liabilities include trade and other
+All financial liabilities are recognised initially at fair value
+and, in the case of loans and borrowings and payable, net
+of directly attributable transaction costs.
+Financial liabilities and equity instruments issued by a
+group entity are classified as either financial liabilities or as
+equity in accordance with the substance of the contractual
+arrangements and the definitions of a financial liability and
+an equity instrument.
+Initial recognition and measurement
+Financial liabilities and equity instruments
+depends on their classification as follows:
+重要會計政策摘要(續)
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+149
+Annual Report 2021
+二零二一年年報
+31 December 2021
+2.4
+Financial liabilities at fair value through profit or loss
+金融負債及股本工具
+初步確認及計量
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+150
+BYD Company Limited
+倘為於短期購回而產生金融負債,則有關金
+融負債分類為持作買賣。此分類亦包括由本
+集團訂立的衍生金融工具,並非《香港財務
+報告準則》第9號界定對沖關係所指定的對沖
+工具。個別嵌入式衍生工具亦分類為持作買
+賣,惟其被指定為有效對沖工具則除外。持
+作買賣負債的收益或虧損於損益表中確認。
+於損益表中確認的公允價值盈虧淨額並不包
+括該等金融負債的任何已收取利息。
+以公允價值計量並計入損益的金融負債
+以公允價值計量並計入損益的金融負債包括
+持作買賣金融負債及於初步確認時被指定為
+以公允價值計量並計入損益的金融負債。
+Financial liabilities are classified as held for trading if
+they are incurred for the purpose of repurchasing in the
+near term. This category also includes derivative financial
+instruments entered into by the Group that are not
+designated as hedging instruments in hedge relationships
+as defined by HKFRS 9. Separated embedded derivatives
+are also classified as held for trading unless they are
+designated as effective hedging instruments. Gains or
+losses on liabilities held for trading are recognised in the
+statement of profit or loss. The net fair value gain or loss
+recognised in the statement of profit or loss does not
+include any interest charged on these financial liabilities.
+include financial liabilities held for trading and financial
+liabilities designated upon initial recognition as at fair value
+through profit or loss.
+Financial liabilities at fair value through profit or loss
+金融負債的後續計量視乎其以下分類而定:
+後續計量
+本集團的金融負債包括應付貿易賬款及其他
+應付賬款、計息銀行及其他借款,以及衍生
+金融工具。
+所有金融負債於初步確認時以公允價值確
+認,而貸款及借貸及應付賬款則於扣除直接
+應佔交易成本後確認。
+集團實體發行的金融負債及股本工具根據合
+同安排的內容以及金融負債及股本工具的釋
+義分類為金融負債或股本工具。
+Financial liabilities and equity instruments
+(continued)
+二零二一年十二月三十一日
+and non-current portions) consistently with the
+classification of the underlying item.
+2.4
+investments that are readily convertible into known amounts
+of cash, are subject to an insignificant risk of changes in
+value, and have a short maturity of generally within three
+months when acquired, less bank overdrafts which are
+repayable on demand and form an integral part of the
+Group's cash management.
+For the purpose of the consolidated statement of financial
+position, cash and cash equivalents comprise cash on
+hand and at banks, including term deposits and assets
+similar in nature to cash, which are not restricted as to use.
+Short-term deposits
+Term deposits with an initial term of over three months but
+less than one year were classified as short-term deposits
+on the consolidated statement of financial position.
+Provisions
+A provision is recognised when a present obligation (legal
+or constructive) has arisen as a result of a past event and
+it is probable that a future outflow of resources will be
+required to settle the obligation, provided that a reliable
+estimate can be made of the amount of the obligation.
+When the effect of discounting is material, the amount
+recognised for a provision is the present value at the end
+of the reporting period of the future expenditures expected
+to be required to settle the obligation. The increase in the
+discounted present value amount arising from the passage
+of time is included in finance costs in the statement of
+profit or loss.
+The Group provides for warranties in relation to the sale of
+certain goods and the provision of construction services
+for general repairs of defects occurring during the warranty
+period. Provisions for these assurance-type warranties
+granted by the Group are recognised based on sales
+volume and past experience of the level of repairs and
+returns, discounted to their present values as appropriate.
+For the purpose of the consolidated statement of cash
+flows, cash and cash equivalents comprise cash on
+hand and demand deposits, and short term highly liquid
+就合併現金流量表而言,現金及現金等價物
+包括手頭現金及活期存款及一般於購入後三
+個月內到期,可隨時轉換為已知金額現金但
+價值變動風險不大的短期高變現能力投資,
+減須按要求償還的銀行透支,為本集團現金
+管理的組成部分。
+短期定期存款
+初始期限為三個月以上及一年以下的定期存
+款於合併財務狀況表內分類為短期定期存
+款。
+撥備
+倘因過去事件而須承擔現有責任(法定或推
+定),且很可能須以日後資源流出清償此等
+責任時,則會確認撥備,惟責任金額可作出
+可靠估計。
+當折現的影響重大時,確認撥備的數額為於
+報告期末預期需要清償責任的未來開支的現
+值。因時間流逝而增加的折現值計入損益表
+中的融資成本內。
+本集團就銷售特定商品及擔保期間產生瑕疵
+的一般性維修提供建築服務提供擔保。本集
+團所提供的保證型擔保計提的撥備乃按銷量
+及過往的維修及退回情況確認入賬,並折現
+至其現值(倘適用)。
+Annual Report 2021
+二零二一年年報
+157
+就合併財務狀況表而言,現金及現金等價物
+包括手頭現金及銀行存款(包括定期存款及
+性質與現金相似而其使用不受限制的資產)。
+Notes to Financial Statements
+Cash and cash equivalents
+2.4
+流動與非流動分類對比
+並非指定為有效對沖工具之衍��工具乃分類
+為流動或非流動,或根據對事實及情況之評
+估(即相關合約現金流)分開為流動或非流動
+部分。
+當本集團預期持有衍生工具作為經濟
+對沖(而並無應用對沖會計處理方法)
+至超過報告期末後十二個月期間,該
+衍生工具乃與相關項目之分類一致分
+類為非流動(或分開為流動及非流動
+部分)。
+與主合同並無密切關連的嵌入式衍生
+工具分類與主合同現金流一致。
+被指定為且為有效對沖工具的衍生工
+具分類與相關對沖項目一致。衍生工
+具僅在作出可靠分配情況下被分為流
+動部分及非流動部分。
+持作出售已竣工物業
+持作出售已竣工物業按成本與可變現淨值兩
+者中的較低者列賬,成本按未銷售物業應佔
+土地及建築總成本的比例而釐定。可變現淨
+值乃由董事按個別物業基準根據當時市價而
+估計。
+存貨
+重要會計政策摘要(續)
+存貨按成本與可變現淨值兩者中的較低者列
+賬。成本按加權平均基準釐定,而倘為在製
+品及製成品,則包括直接原料、直接人工及
+適當比例的經常費用。模具成本按生產過程
+產生的實際成本釐定。可變現淨值根據估計
+售價減完成及出售所產生的任何估計成本釐
+定。
+156
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+現金及現金等價物
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+BYD Company Limited
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4
+二零二一年十二月三十一日
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Income tax (continued)
+Deferred tax assets are recognised for all deductible
+temporary differences, and the carryforward of unused
+tax credits and any unused tax losses. Deferred tax
+assets are recognised to the extent that it is probable that
+taxable profit will be available against which the deductible
+temporary differences, and the carryforward of unused tax
+credits and unused tax losses can be utilised, except:
+when the deferred tax asset relating to the
+deductible temporary differences arises from
+the initial recognition of an asset or liability in a
+transaction that is not a business combination and,
+at the time of the transaction, affects neither the
+accounting profit nor taxable profit or loss; and
+31 December 2021
+in respect of deductible temporary differences
+associated with investments in subsidiaries, joint
+ventures and associate, deferred tax assets are only
+recognised to the extent that it is probable that the
+temporary differences will reverse in the foreseeable
+The carrying amount of deferred tax assets is reviewed
+at the end of each reporting period and reduced to the
+extent that it is no longer probable that sufficient taxable
+profit will be available to allow all or part of the deferred
+tax asset to be utilised. Unrecognised deferred tax assets
+are reassessed at the end of each reporting period and are
+recognised to the extent that it has become probable that
+sufficient taxable profit will be available to allow all or part
+of the deferred tax asset to be recovered.
+所得稅(續)
+除下述者外,本集團均會就所有可扣稅暫時
+性差異、承前未用税收抵免及未用稅項虧損
+確認遞延稅項資產。遞延稅項資產僅限於日
+後很大可能出現應課稅溢利,用作抵銷該等
+可扣稅暫時性差異,以及可動用承前未用稅
+收抵免及未用稅項虧損時,方會確認:
+倘若有關可扣稅暫時性差異的遞延税
+項資產產生自一項交易(並非業務合
+併)初始確認的資產或負債,而於該
+項交易進行時對會計溢利或應課稅溢
+利或虧損均無影響;及
+就有關於附屬公司、合營公司及聯營
+公司的投資的可扣稅暫時性差異而
+言,僅會在暫時性差異很有可能在可
+見將來撥回,以及出現應課稅溢利可
+對銷該等暫時性差異時,方會確認遞
+延稅項資產。
+遞延稅項資產的賬面值於各報告期末進行審
+閱,倘不再可能有足夠應課稅溢利用作抵銷
+全部或部分遞延稅項資產,則減少遞延稅項
+資產的賬面值。倘應課稅溢利可能有足夠令
+全部或部分遞延稅項資產回收時,則於各報
+告期末重新評估未確認的遞延稅項資產並予
+以確認。
+Deferred tax assets and liabilities are measured at the
+tax rates that are expected to apply to the period when
+the asset is realised or the liability is settled, based
+on tax rates (and tax laws) that have been enacted or
+substantively enacted by the end of the reporting period.
+遞延稅項資產及負債按變現資產或償還負債
+期間的預期適用稅率,以於報告期末已實施
+或大致上已實施的稅率(及稅法)為基準計
+算。
+future and taxable profit will be available against
+which the temporary differences can be utilised.
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Income tax
+Income tax comprises current and deferred tax. Income
+tax relating to items recognised outside profit or loss
+is recognised outside profit or loss, either in other
+comprehensive income or directly in equity.
+Current tax assets and liabilities are measured at the
+amount expected to be recovered from or paid to the
+taxation authorities, based on tax rates (and tax laws)
+that have been enacted or substantively enacted by the
+end of the reporting period, taking into consideration
+interpretations and practices prevailing in the countries in
+which the Group operates.
+Deferred tax is provided, using the liability method, on all
+temporary differences at the end of the reporting period
+between the tax bases of assets and liabilities and their
+carrying amounts for financial reporting purposes.
+Deferred tax liabilities are recognised for all taxable
+temporary differences, except:
+when the deferred tax liability arises from the initial
+recognition of goodwill or an asset or liability in a
+transaction that is not a business combination and,
+at the time of the transaction, affects neither the
+accounting profit nor taxable profit or loss; and
+in respect of taxable temporary differences
+associated with investments in subsidiaries, joint
+ventures and associates, when the timing of the
+reversal of the temporary differences can be
+controlled and it is probable that the temporary
+differences will not reverse in the foreseeable future.
+所得稅
+所得稅包括本期及遞延稅項。損益外確認項
+目相關的所得稅於損益外確認,或於其他綜
+合收益內確認,或直接於權益確認。
+本期稅項資產及負債乃根據報告期末已實施
+或大致上已實施的税率(及稅法),並計及本
+集團經營所在國家現行詮釋及慣例,按預期
+可自稅務機關收回或向稅務機關繳付的金額
+計量。
+於報告期末的資產及負債的稅基與其在財務
+報告賬面值之間的所有暫時性差異,須按負
+債法計提遞延稅項撥備。
+除下述者外,本集團均會就所有應課稅暫時
+性差異確認遞延稅項負債:
+倘若遞延稅項負債產生自一項交易
+(並非業務合併)初始確認的商譽或
+資產或負債,而於該項交易進行時對
+會計溢利或應課稅溢利或虧損均無影
+響;及
+就有關於附屬公司、合營公司及聯營
+公司的投資的應課稅暫時性差異而
+言,倘若撥回暫時性差異的時間可以
+控制,以及暫時性差異不大可能在可
+見將來撥回。
+BYD Company Limited
+158
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+and an appropriate proportion of overheads. Cost of
+moulds is determined at the actual cost incurred in the
+production process. Net realisable value is based on
+estimated selling prices less any estimated costs to be
+incurred to completion and disposal.
+Inventories
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Derivative financial instruments and hedge
+accounting (continued)
+衍生金融工具及對沖會計處理方法(續)
+Initial recognition and subsequent measurement
+(continued)
+The documentation includes identification of the hedging
+instrument, the hedged item, the nature of the risk being
+hedged and how the Group will assess whether the
+hedging relationship meets the hedge effectiveness
+requirements (including the analysis of sources of hedge
+ineffectiveness and how the hedge ratio is determined).
+A hedging relationship qualifies for hedge accounting if it
+meets all of the following effectiveness requirements:
+There is "an economic relationship" between the
+hedged item and the hedging instrument.
+2.4
+The effect of credit risk does not "dominate the
+The hedge ratio of the hedging relationship is the
+same as that resulting from the quantity of the
+hedged item that the Group actually hedges and the
+quantity of the hedging instrument that the Group
+actually uses to hedge that quantity of hedged item.
+Cash flow hedges
+The effective portion of the gain or loss on the hedging
+instrument is recognised directly in other comprehensive
+income in the cash flow hedge reserve, while any
+ineffective portion is recognised immediately in the
+statement of profit or loss. The cash flow hedge reserve is
+adjusted to the lower of the cumulative gain or loss on the
+hedging instrument and the cumulative change in fair value
+of the hedged item.
+初步確認及後續計量(續)
+記錄文件應包含對沖工具、對沖項目的識
+別、被對沖風險的性質及本集團如何評估
+對沖關係是否符合對沖有效性規定(包括其
+對沖有效性來源的分析及對沖比率如何釐
+定)。對沖關係於達成以下全部有效性規定
+時,方可合資格採用對沖會計處理:
+對沖項目與對沖工具之間有「經濟關
+係」。
+value changes" that result from that economic
+relationship.
+信貸風險的影響不會「主導」經濟關
+係引致的「價值變動」。
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+重要會計政策摘要(續)
+Derivative financial instruments and hedge
+accounting
+Initial recognition and subsequent measurement
+The Group uses derivative financial instruments, such as
+foreign currency forward contracts, to hedge its foreign
+currency risk. Those derivative financial instruments are
+initially recognised at fair value on the date on which a
+derivative contract is entered into and are subsequently
+remeasured at fair value. Derivatives are carried as assets
+when the fair value is positive and as liabilities when the
+fair value is negative.
+衍生金融工具及對沖會計處理方法
+初步確認及後續計量
+本集團使用外匯遠期貨幣合同等衍生金融工
+具對沖其外幣風險。該等衍生金融工具初步
+按訂立衍生合同當日的公允價值確認,其後
+以公允價值計量。衍生工具在公允價值為正
+數時以資產列賬,而為負數時則以負債列
+賬。
+財務報表附註
+Any gains or losses arising from changes in fair value of
+derivatives are taken directly to the statement of profit or
+loss, except for the effective portion of cash flow hedges,
+which is recognised in other comprehensive income and
+later reclassified to profit or loss when the hedged item
+affects profit or loss.
+At the inception of a hedge relationship, the Group formally
+designates and documents the hedge relationship to which
+the Group wishes to apply hedge accounting, the risk
+management objective and its strategy for undertaking the
+hedge.
+衍生工具公允價值變動產生的任何盈虧直接
+計入損益表,而現金流對沖的實際部分則除
+外,其乃於其他綜合收益確認及其後於對沖
+項目影響損益時重新分類至損益。
+就對沖會計而言,若現金流量變動風險源於
+和已確認資產或負債或很可能發生的預期交
+易有關的某類特定風險,或源於一項未確認
+的確定承諾包含的外匯風險,則對此類風險
+進行的對沖被分類為現金流量對沖。
+在對沖關係開始時,本集團正式指定並記錄
+本集團希望對其應用對沖會計的對沖關係、
+風險管理目標及其進行對沖的策略。
+Annual Report 2021
+二零二一年年報
+153
+For the purpose of hedge accounting, hedges are
+classified as cash flow hedges when hedging the exposure
+to variability in cash flows that is either attributable to
+a particular risk associated with a recognised asset or
+liability or a highly probable forecast transaction, or a
+foreign currency risk in an unrecognised firm commitment;
+Inventories are stated at the lower of cost and net
+realisable value. Cost is determined on the weighted
+average basis and, in the case of work in progress and
+finished goods, comprises direct materials, direct labour
+對沖關係之對沖比率與本集團實際對
+沖之所對沖項目數量与本集團實際用
+作對沖該數量所對沖項目之對沖工具
+數量相同。
+對沖工具收益或虧損的有效部分在現金流量
+對沖儲備內的其他綜合收益中直接確認,而
+任何非有效部份即時在損益表內確認。現金
+流量對沖儲備調整至對沖工具累計收益或虧
+損與對沖項目公允價值累計變動之間的較低
+者。
+Annual Report 2021
+二零二一年年報
+155
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Derivative financial instruments and hedge
+accounting (continued)
+Current versus non-current classification
+Derivative instruments that are not designated as effective
+hedging instruments are classified as current or non-
+current or separated into current and non-current portions
+based on an assessment of the facts and circumstances
+(i.e., the underlying contracted cash flows).
+Where the Group expects to hold a derivative as
+an economic hedge (and does not apply hedge
+accounting) for a period beyond 12 months after
+the end of the reporting period, the derivative is
+classified as non-current (or separated into current
+Embedded derivatives that are not closely related to
+the host contract are classified consistently with the
+cash flows of the host contract.
+Derivative instruments that are designated as, and
+are effective hedging instruments, are classified
+consistently with the classification of the underlying
+hedged item. The derivative instruments are
+separated into current portions and non-current
+portions only if a reliable allocation can be made.
+Completed properties held for sale
+Completed properties held for sale are stated at the lower
+of cost and net realisable value. Cost is determined by
+an apportionment of the total land and buildings costs
+attributable to unsold properties. Net realisable value is
+estimated by the directors based on the prevailing market
+prices, on an individual property basis.
+現金流量對沖
+就任何其他現金流量對沖而言,在其他綜合
+收益累計之金額會於對沖現金流量影響損益
+表之同一期間或各個期間重新分類至損益表
+作為重新分類調整。
+倘終止使用現金流量對沖會計法,如預期被
+對沖的未來現金流量仍然會發生,則已在其
+他綜合收益中累計之金額必須保留在累計其
+他綜合收益中。否則,有關金額將即時重新
+分類至損益表作為重新分類調整。在終止使
+用現金流量對沖會計法後,當被對沖的現金
+流量發生時,任何保留在累計其他綜合收益
+之金額按上述相關交易之性質進行會計處
+理。
+For any other cash flow hedges, the amount accumulated
+in other comprehensive income is reclassified to the
+statement of profit or loss as a reclassification adjustment
+in the same period or periods during which the hedged
+cash flows affect the statement of profit or loss.
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+If cash flow hedge accounting is discontinued, the amount
+that has been accumulated in other comprehensive income
+must remain in accumulated other comprehensive income
+if the hedged future cash flows are still expected to occur.
+Otherwise, the amount will be immediately reclassified
+to the statement of profit or loss as a reclassification
+adjustment. After the discontinuation, once the hedged
+cash flow occurs, any amount remaining in accumulated
+other comprehensive income is accounted for depending
+on the nature of the underlying transaction as described
+above.
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+154
+2.4
+Derivative financial instruments and hedge
+accounting (continued)
+Cash flow hedges (continued)
+The amounts accumulated in other comprehensive
+income are accounted for, depending on the nature of the
+underlying hedged transaction. If the hedged transaction
+subsequently results in the recognition of a non-financial
+item, the amount accumulated in equity is removed from
+the separate component of equity and included in the
+initial cost or other carrying amount of the hedged asset
+or liability. This is not a reclassification adjustment and
+will not be recognised in other comprehensive income for
+the period. This also applies where the hedged forecast
+transaction of a non-financial asset or non-financial liability
+衍生金融工具及對沖會計處理方法(續)
+現金流量對沖(續)
+在其他綜合收益累計之金額按相關對沖交易
+之性質進行會計處理。如對沖交易其後導致
+確認一項非金融項目,則權益中之累計金額
+將自權益的獨立部分中轉出,並計入被對沖
+資產或負債之初始成本或其他賬面值。此並
+非重新分類調整,故不會在期內其他綜合收
+益中確認。此亦適用於非金融資產或非金融
+負債之預期對沖交易其後成為確定承諾,並
+應用公允價值對沖會計法之情況。
+subsequently becomes a firm commitment to which fair
+value hedge accounting is applied.
+重要會計政策摘要(續)
+BYD Company Limited
+Foreign currencies
+Final dividends are recognised as a liability when they
+are approved by the shareholders in a general meeting.
+These financial statements are presented in RMB, which is
+the Company's functional and presentation currency. Each
+entity in the Group determines its own functional currency
+and items included in the financial statements of each
+entity are measured using that functional currency. Foreign
+currency transactions recorded by the entities in the Group
+are initially recorded using their respective functional
+currency rates prevailing at the dates of the transactions.
+Monetary assets and liabilities denominated in foreign
+currencies are translated at the functional currency rates
+of exchange ruling at the end of the reporting period.
+Differences arising on settlement or translation of monetary
+items are recognised in the statement of profit or loss.
+Proposed final dividends are disclosed in the notes to the
+financial statements.
+Non-monetary items that are measured in terms of
+historical cost in a foreign currency are translated using
+the exchange rates at the dates of the initial transactions.
+Non-monetary items measured at fair value in a foreign
+currency are translated using the exchange rates at the
+date when the fair value was measured. The gain or loss
+arising on translation of a non-monetary item measured at
+fair value is treated in line with the recognition of the gain
+or loss on change in fair value of the item (i.e., translation
+difference on the item whose fair value gain or loss is
+recognised in other comprehensive income or profit or loss
+is also recognised in other comprehensive income or profit
+or loss, respectively).
+財務報表附註
+末期股息獲股東於股東大會批准宣派後確認
+為負債。建議末期股息披露於財務報表��
+註。
+外幣
+此等財務報表乃以本公司的功能及呈報貨幣
+人民幣列報。本集團內各實體均自行決定其
+功能貨幣,而各實體的財務報表所包含的項
+目均採用該功能貨幣計量。本集團內各實體
+所錄得外幣結算交易最初以交易當日各自的
+功能貨幣匯率記錄。以外幣計算的貨幣資產
+及負債按報告期末的功能貨幣匯率換算。結
+算或換算貨幣項目時產生的差額於損益表中
+確認。
+以外幣歷史成本計算的非貨幣項目按首次交
+易當日的匯率換算。以外幣公允價值計算的
+非貨幣項目按計量公允價值當日的匯率換
+算。換算非貨幣項目而產生的收益或虧損以
+公允價值計量,按確認該項目的公允價值變
+動的收益或虧損一致的方法處理(即其他綜
+合收益或損益已確認的項目的公允價值收益
+或虧損,其匯兌差額亦分別於其他綜合收益
+或損益確認)。
+Dividends
+股息
+重要會計政策摘要(續)
+退休金計劃-中國內地以外地區
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+利息收入按應計基準以實際利率方法將金融
+工具在預期可使用年期或較短期間(倘適用)
+的估計未來現金收入準確折現至金融資產的
+賬面淨值的利率確認。
+當股東收取付款的權利獲確立,本集團可能
+有與股息相關的經濟利益並能可靠計量股息
+金額時,股息收入予以確認。
+合同資產
+合同資產乃就換取已向客戶轉讓的貨品或服
+務而收取代價的權利。倘本集團於客戶支付
+代價或付款到期前將貨品或服務轉讓予客
+戶,則就附帶條件的已賺取代價確認合同資
+產。合同資產須進行減值評估,其詳情載於
+金融資產減值的會計政策。
+合同負債
+合同負債於本集團轉讓相關貨品或服務前在
+收到客戶付款或付款到期時(以較早者為準)
+確認。合同負債於本集團履行合同(即向客
+戶轉讓相關貨品或服務的控制權)時確認為
+收入。
+BYD Company Limited
+164
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+其他收入
+31 December 2021
+合同成本
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Contract costs
+Other than the costs which are capitalised as inventories,
+property, plant and equipment and intangible assets, costs
+incurred to fulfil a contract with a customer are capitalised
+as an asset if all the following criteria are met:
+(a) The costs relate directly to a contract or to an
+anticipated contract that the entity can specifically
+identify.
+除作為存貨、物業、廠房及設備以及無形資
+產資本化的成本外,履行與客戶的合同所產
+生的成本,倘符合以下所有條件,則資本化
+為資產:
+(a)
+該成本直接與合同或實體可以明確識
+別的預期合同相關。
+(b)
+二零二一年十二月三十一日
+The costs generate or enhance resources of the
+entity that will be used in satisfying (or in continuing
+to satisfy) performance obligations in the future.
+收入確認(續)
+Contract liabilities
+提供服務
+Revenue from the provision of services is
+recognised over the scheduled period on an input
+method because the customer simultaneously
+receives and consumes the benefits provided by the
+Group.
+Revenue from other sources
+Rental income is recognised on a time proportion basis
+over the lease terms.
+由於客戶同時接收及消耗本集團提供
+的利益,提供服務所得收入在預定期
+間內乃以投入法確認。
+其他來源收入
+租金收入按租賃年期的時間比例基準確認。
+Annual Report 2021
+二零二一年年報
+163
+A contract liability is recognised when a payment is
+received or a payment is due (whichever is earlier) from
+a customer before the Group transfers the related goods
+or services. Contract liabilities are recognised as revenue
+when the Group performs under the contract (i.e., transfers
+control of the related goods or services to the customer).
+Notes to Financial Statements
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Revenue recognition (continued)
+Other income
+Interest income is recognised on an accrual basis using
+the effective interest method by applying the rate that
+exactly discounts the estimated future cash receipts over
+the expected life of the financial instrument or a shorter
+period, when appropriate, to the net carrying amount of the
+financial asset.
+Dividend income is recognised when the shareholders'
+right to receive payment has been established, it is
+probable that the economic benefits associated with the
+dividend will flow to the Group and the amount of the
+dividend can be measured reliably.
+Contract assets
+A contract asset is the right to consideration in exchange
+for goods or services transferred to the customer. If the
+Group performs by transferring goods or services to a
+customer before the customer pays consideration or before
+payment is due, a contract asset is recognised for the
+earned consideration that is conditional. Contract assets
+are subject to impairment assessment, details of which
+are included in the accounting policies for impairment of
+financial assets.
+財務報表附註
+(C)
+(b)
+(c)
+如果修改了以權益結算的股份支付的條款,
+至少按照未修改條款的情況確認取得的服
+務。此外,增加所授予權益工具公允價值的
+修改,或在修改日對職工有利的變更,均確
+認取得服務的增加。
+BYD Company Limited
+166
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+or is otherwise beneficial to the employee as measured at
+the date of modification.
+Share-based payments (continued)
+Employee benefits
+Employees' leave entitlements
+Employees' entitlements to annual leave and long service
+leave are recognised when they accrue to employees.
+Employees' entitlements to sick leave and maternity leave
+are not recognised until the time of leave.
+股份支付(續)
+如果取消了以權益結算的股份支付,則於取
+消日作為加速行權處理,立即確認尚未確認
+的金額。職工或其他方能夠選擇滿足非可行
+權條件但在等待期內未滿足的,作為取消以
+權益結算的股份支付處理。但是,如果授予
+新的權益工具,並在新權益工具授予日認定
+所授予的新權益工具是用於替代被取消的權
+益工具的,則以與處理原權益工具條款和條
+件修改相同的方式,對所授予的替代權益工
+具進行處理。
+僱員福利
+2.4
+僱員享有的年假及長期服務假期於應計予僱
+員時確認。
+僱員享有的病假及產假於休假時始行確認。
+Where an equity-settled award is cancelled, it is treated
+as if it had vested on the date of cancellation, and any
+expense not yet recognised for the award is recognized
+immediately. Where employees or other parties are
+permitted to choose to fulfill non-vesting conditions but
+have not fulfilled during the pending period, equity-settled
+share-based payments are deemed cancelled. However,
+if a new award is substituted for the cancelled award, and
+designated as a replacement award on the date that it
+is granted, the new awards are treated as if they were a
+modification of the original award.
+該成本產生或增強將用於滿足(或繼
+續滿足)未來履約義務的實體資源。
+which increases the total fair value of the instrument ranted,
+對由於未滿足非市場條件和/或歸屬條件而
+最終未能行權的股份支付,不確認費用。股
+份支付協議中規定了市場條件或非可行權條
+件的,無論是否滿足市場條件或非可行權條
+件,只要滿足其他業績條件和/或歸屬條
+件,即視為可行權。
+The costs are expected to be recovered.
+(c)
+預計該成本將可收回。
+The capitalised contract costs are amortised and charged
+to the statement of profit or loss on a systematic basis that
+is consistent with the transfer to the customer of the goods
+or services to which the asset relates. Other contract costs
+are expensed as incurred.
+Share-based payments
+Share-based payments can be distinguished into equity-
+settled share-based payments and cash-settled share-
+based payments. Equity-settled share-based payments
+are transactions of the Group settled through the payment
+of shares or other equity instruments in consideration for
+receiving services.
+資本化合同成本按與向客戶轉讓資產相關的
+商品或服務一致的系統基礎攤銷及計入損益
+表。其他合同成本於產生時列為開支。
+股份支付
+股份支付,分為以權益結算的股份支付和以
+現金結算的股份支付。以權益結算的股份支
+付,是指本集團為獲取服務以股份或其他權
+益工具作為對價進行結算的交易。
+Annual Report 2021
+二零二一年年報
+165
+Where the terms of an equity-settled share-based
+payment are modified, as a minimum, services obtained
+are recognised as if the terms had not been modified. In
+addition, an expense is recognised for any modification
+Notes to Financial Statements
+31 December 2021
+二零二一年十二月三十一日
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+Share-based payments (continued)
+Equity-settled share-based payments made in exchange
+for services rendered by employees are measured at the
+fair value of equity instruments granted to employees.
+Instruments which are vested immediately upon the grant
+are charged to relevant costs or expenses at the fair value
+on the date of grant and the capital reserve is credited
+accordingly. Instruments of which vesting is conditional
+upon completion of services or fulfillment of performance
+conditions are measured by recognising services rendered
+during the period in relevant costs or expenses and
+crediting the capital reserve accordingly at the fair value
+on the date of grant according to the best estimates
+conducted by the Group at each balance sheet date during
+the pending period. The fair value of equity instruments is
+determined using the binomial option pricing model. For
+details see Note 41.Share-based payment.
+No expense is recognised for awards that do not ultimately
+vest due to non-fulfillment of non-market conditions and/or
+vesting conditions. For the market or non-vesting condition
+under the share-based payments agreement, it should
+be treated as vesting irrespective of whether or not the
+market or non-vesting condition is satisfied, provided that
+other performance condition and/or vesting conditions are
+satisfied.
+股份支付(續)
+以權益結算的股份支付換取職工提供服務
+的,以授予職工權益工具的公允價值計量。
+授予後立即可行權的,在授予日按照公允價
+值計入相關成本或費用,相應增加資本公
+積;完成等待期內的服務或達到規定業績條
+件才可行權的,在等待期內每個資產負債表
+日,本集團根據最新取得的可行權職工人數
+變動、是否達到規定業績條件等後續信息對
+可行權權益工具數量作出最佳估計,以此為
+基礎,按照授予日的公允價值,將當期取得
+的服務計入相關成本或費用,相應增加資本
+公積。權益工具的公允價值採用二叉樹期權
+定價模型確定,參見附註41、股份支付。
+財務報表附註
+Provision for services
+(C)
+本集團與客戶之間的建造合同通常包
+含建造服務等履約義務,由於本集團
+履約過程中所提供的服務具有不可替
+代用途,且本集團在整個合同期間內
+有權就累計至今已完成的履約部分收
+入款項,本集團將其作為在某一時段
+內履行的履約義務,按照履約進度確
+認收入,履約進度不能合理確定的除
+外。本集團按照產出法,根據實際測
+量的完工進度確定提供服務的履約進
+度。對於履約進度不能合理確定時,
+本集團已經發生的成本預計能夠得到
+補償的,按照已經發生的成本金額確
+認收入,直到履約進度能夠合理確定
+為止。
+收入確認(續)
+itself as a principal in the arrangement and accordingly
+recognizes revenue on a gross basis. Otherwise, the Group
+is an agent and records as revenue the net amount that
+it retains for its agency services if its role is to arrange to
+provide the goods.
+purchased from the customer and provides significant
+services to integrate materials with other goods and
+services into a portfolio of outputs. The Group considered
+supplier of key materials used in the manufacturing of
+products. The Group obtains the control of the materials
+The Group sells products to a customer who is also the
+Revenue from contracts with customers (continued)
+Revenue recognition (continued)
+POLICIES (CONTINUED)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+客戶合同收入(續)
+2.4
+財務報表附註
+Notes to Financial Statements
+161
+Annual Report 2021
+二零二一年年報
+倘承諾代價與貨品或服務的現金銷售價格的
+差額因融資撥備以外的原因而產生,則不存
+在重大融資成分。
+倘合同包括向客戶提供一年以上有關向客戶
+轉讓貨品或服務之重大融資利益的融資成
+分,則收入按應收金額的現值計量,並於合
+同開始時運用將於本集團與客戶之間的獨立
+融資交易中反映的折現率折讓。倘合同包括
+提供本集團一年以上重大財務利益的融資成
+分,則根據該合同確認的收入包括根據實際
+利率法合同責任附有的利息開支。對於客戶
+付款與承諾貨品或服務轉移期間為一年或以
+下的合同,乃不就重大融資成分的影響運用
+《香港財務報告準則》第15號的實際權宜方法
+對交易價格進行調整。
+倘合同代價包括可變金額時,則代價金額估
+計為本集團就交換向客戶轉讓貨品或服務而
+有權收取的代價金額。可變代價於合同開始
+時估計並加以限制,直至已確認累計收入金
+額的重大收入撥回不太可能發生(倘可變代
+價的相關不確定因素其後得以解決)為止。
+當貨品或服務控制權按反映本集團預期有權
+獲得以交換該等貨品或服務的代價金額轉移
+至客戶時,確認客戶合同收入。
+客戶合同收入
+收入確認
+A significant financing component does not exist if the
+difference between the promised consideration and the
+cash selling price of the good or service arises for reasons
+other than the provision of finance.
+31 December 2021
+二零二一年十二月三十一日
+effects of a significant financing component, using the
+practical expedient in HKFRS 15.
+本集團向特定客戶銷售商品,該客戶同時也
+是商品製造過程中使用的關鍵材料的供應
+商。本集團取得自客戶採購的材料的控���權
+並提供重要服務,從而將材料與其他商品及
+服務綜合為一個產出組合。本集團在該安排
+中視其為主要責任人,因此按總額基準確認
+收入。否則,本集團為代理人,將收入列為
+就代理服務而保留的淨額(倘其責任為安排
+提供商品)。
+Sale of goods
+Notes to Financial Statements
+比亞迪股份有限公司
+162
+BYD Company Limited
+基於本集團商業政策,可向特
+定客戶提供可追溯折讓。折讓
+由客戶應付金額抵銷。本集團
+須使用預期價值法或最可能金
+額法兩者中最能準確預測其將
+有權收取的代價之方法。
+entitled.
+based on which method better predicts the
+amount of consideration to which it will be
+method or the most likely amount method
+is required to use either the expected value
+Retrospective rebates may be provided to
+certain customers according to the Group's
+business policy. Rebates are offset against
+amounts payable by the customer. The Group
+折讓
+(a)
+(i)
+(i)
+該等折讓產生可變代價。
+部分銷售商品的合同提供客戶折讓。
+customers with rebates. The rebates give rise to
+variable consideration.
+Some contracts for the sale of goods provide
+來自銷售商品的收入在資產控制權轉
+移至客戶時(一般為交接該等商品時)
+確認。
+transferred to the customer, generally on delivery
+and acceptance of the goods.
+at the point in time when control of the asset is
+Revenue from the sale of goods is recognised
+銷售商品
+(a)
+Rebates
+When the contract contains a financing component which
+provides the Group with a significant financial benefit for
+more than one year, revenue recognised under the contract
+includes the interest expense accreted on the contract
+liability under the effective interest method. For a contract
+where the period between the payment by the customer
+and the transfer of the promised goods or services is one
+year or less, the transaction price is not adjusted for the
+When the contract contains a financing component which
+provides the customer with a significant benefit of financing
+the transfer of goods or services to the customer for more
+than one year, revenue is measured at the present value of
+the amount receivable, discounted using the discount rate
+that would be reflected in a separate financing transaction
+between the Group and the customer at contract inception.
+When the consideration in a contract includes a variable
+amount, the amount of consideration is estimated to which
+the Group will be entitled in exchange for transferring
+the goods or services to the customer. The variable
+consideration is estimated at contract inception and
+constrained until it is highly probable that a significant
+revenue reversal in the amount of cumulative revenue
+recognised will not occur when the associated uncertainty
+with the variable consideration is subsequently resolved.
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+159
+Annual Report 2021
+二零二一年年報
+二零二一年十二月三十一日
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+重要會計政策摘要(續)
+重要會計政策摘要(續)
+Revenue from contracts with customers (continued)
+(b)
+Construction services
+收入確認(續)
+客戶合同收入(續)
+(b)
+建造服務
+The construction contract entered into between
+the Group and its customers usually includes
+performance obligations such as construction
+services. As the irreplaceable use of the services
+provided by the Group, and the Group has the right
+to receive payment for the performance part that
+has been completed so far in the whole contract
+period, the Group considers them as performance
+obligations within a certain period of time, and
+recognises the revenue based on the performance
+progress, except where the performance progress
+cannot be reasonably determined. The Group
+determines the performance progress for the
+services provided in accordance with the output
+method. When the performance progress cannot
+be reasonably determined, if the costs incurred by
+the Group are expected to be compensated, the
+revenue will be recognised based on the amount of
+costs incurred, until the performance progress can
+be reasonably determined.
+Revenue recognition (continued)
+POLICIES (CONTINUED)
+Income tax (continued)
+Deferred tax assets and deferred tax liabilities are offset
+if and only if the Group has a legally enforceable right to
+set off current tax assets and current tax liabilities and
+the deferred tax assets and deferred tax liabilities relate
+to income taxes levied by the same taxation authority on
+either the same taxable entity or different taxable entities
+which intend either to settle current tax liabilities and
+assets on a net basis, or to realise the assets and settle
+the liabilities simultaneously, in each future period in which
+significant amounts of deferred tax liabilities or assets are
+expected to be settled or recovered.
+control of goods or services is transferred to the customers
+at an amount that reflects the consideration to which the
+Group expects to be entitled in exchange for those goods
+or services.
+Revenue from contracts with customers is recognised when
+Revenue from contracts with customers
+Revenue recognition
+重要會計政策摘要(續)
+2.4
+2.4 SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+BYD Company Limited
+160
+倘本集團就建造合資格資產而收取的政府貸
+款不附息或按低於市場利率計息,則政府貸
+款的初始賬面值使用實際利率法釐定,進一
+步詳情載述於上文「金融負債」的會計政策。
+授出的不附息或按低於市場利率計息的政府
+貸款收益(為貸款的初始賬面值與所收取的
+所得款項的差額)視作政府補貼,該收益於
+有關資產的預期可使用年期內逐年按等額分
+期調撥至損益表。
+倘補貼與一項資產有關,則其公允價值會計
+入遞延損益賬,並按均等年度分期,於有關
+資產的預期可使用年期調撥至損益表,或自
+該項資產的賬面值中扣除並透過減少折舊開
+支方式調撥至損益表。
+政府補貼是在合理確保將可收取補貼及符合
+所有附帶條件時按其公允價值予以確認。倘
+補貼與一項開支項目有關,則該等補貼於擬
+用作補償的成本支出期間內按系統基礎確認
+為收入。
+政府補貼
+°
+僅於本集團擁有依法執行權利,可抵銷本期
+稅項資產、本期稅項負債與遞延稅項資產及
+遞延稅項負債,而有關所得稅由同一稅務機
+關就同一稅務實體或不同稅務實體徵收,且
+該不同稅務實體計劃在日後每個預計有大額
+遞延稅項負債需清償或有大額遞延稅項資產
+可以收回的期間內,按淨額基準結算本期稅
+項負債及資產,或同時變現資產及清償負債
+時,遞延稅項資產及遞延稅項負債予以對
+銷
+所得稅(續)
+Where the Group receives government loans granted with
+no or at a below-market rate of interest for the construction
+of a qualifying asset, the initial carrying amount of the
+government loans is determined using the effective interest
+rate method, as further explained in the accounting
+policy for "Financial liabilities" above. The benefit of the
+government loans granted with no or at a below-market
+rate of interest, which is the difference between the initial
+carrying value of the loans and the proceeds received,
+is treated as a government grant and released to the
+statement of profit or loss over the expected useful life of
+the relevant asset by equal annual instalments.
+Where the grant relates to an asset, the fair value is
+credited to a deferred income account and is released to
+the statement of profit or loss over the expected useful
+life of the relevant asset by equal annual instalments
+or deducted from the carrying amount of the asset and
+released to the statement of profit or loss by way of a
+reduced depreciation charge.
+Government grants are recognised at their fair value
+where there is reasonable assurance that the grant will be
+received and all attaching conditions will be complied with.
+When the grant relates to an expense item, it is recognised
+as income on a systematic basis over the periods that
+the costs, for which it is intended to compensate, are
+expensed.
+Government grants
+Medical benefits
+The Group's contributions to various defined contribution
+medical benefit plans organised by the relevant municipal
+and provincial governments in the PRC are expensed as
+incurred.
+僱員假期權利
+Pension scheme - Mainland China
+借款成本
+rate ranging between 3.87% and 4.93% has been applied
+to the expenditure on the individual assets.
+Where funds have been borrowed generally, and used for
+the purpose of obtaining qualifying assets, a capitalisation
+construction or production of qualifying assets, i.e., assets
+that necessarily take a substantial period of time to get
+ready for their intended use or sale, are capitalised as
+part of the cost of those assets. The capitalisation of such
+borrowing costs ceases when the assets are substantially
+ready for their intended use or sale. Investment income
+earned on the temporary investment of specific borrowings
+pending their expenditure on qualifying assets is deducted
+from the borrowing costs capitalised. All other borrowing
+costs are expensed in the period in which they are
+incurred. Borrowing costs consist of interest and other
+costs that an entity incurs in connection with the borrowing
+of funds.
+Borrowing costs directly attributable to the acquisition,
+本集團以每月供款形式參與當地市政府所設
+立的定額供款住房公積金計劃。本集團的計
+劃供款乃於產生時支銷。
+住房公積金 - 中國內地
+31 December 2021
+僱員福利(續)
+Borrowing costs
+The Group contributes on a monthly basis to a defined
+contribution housing fund plan operated by the local
+municipal government. Contributions to this plan by the
+Group are expensed as incurred.
+Housing fund - Mainland China
+The Group contributes on a monthly basis to various
+defined contribution plans organised by the relevant
+governmental authorities in various areas other than
+Mainland China. The Group's liability in respect of these
+plans is limited to the contributions payable at the end of
+each period. Contributions to these plans are expensed as
+incurred.
+Pension scheme - outside Mainland China
+收購、建造或生產合資格資產(即有需要投
+入大量時間準備其擬定用途或出售的資產)
+直接應佔的借款成本撥作資本,作為該等資
+產的部分成本。該等借款成本在資產大致可
+用作其擬定用途或出售時不再撥作資本。擬
+用作合資格資產開支的特定借款作暫時投資
+所賺取的投資收益自撥作資本的借款成本
+中扣除。全部其他借款成本於其產生期間支
+銷。借款成本包括實體因借款資金產生的利
+息及其他費用。
+Employee benefits (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+167
+Annual Report 2021
+二零二一年年報
+本集團於中國內地經營的附屬公司的僱員須
+參與由當地市政府設立的中央退休金計劃。
+該等附屬公司須按其工資成本若干比例向中
+央退休金計劃供款。根據中央退休金計劃規
+則,有關供款將於支付時在損益表中扣除。
+退休金計劃-中國內地
+本集團向多個中國有關市級及省級政府安排
+的定額供款醫療福利計劃供款,有關供款於
+產生時支銷。
+醫療福利
+The employees of the Group's subsidiaries, which operate
+in Mainland China, are required to participate in a
+central pension scheme operated by the local municipal
+government. These subsidiaries are required to contribute
+a certain percentage of their payroll costs to the central
+pension scheme. The contributions are charged to the
+statement of profit or loss as they become payable in
+accordance with the rules of the central pension scheme.
+POLICIES (CONTINUED)
+倘資金屬一般借貸並用於取得合資格資產,
+則個別資產之開支將按介乎3.87%至4.93%
+的比率撥作資本。
+本集團每月向中國內地以外各地區的相關政
+府機構設立的各定額供款計劃供款。本集團
+有關該等計劃的責任僅限於各期末的應付供
+款。該等計劃的供款乃於產生時支銷。
+168
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+BYD Company Limited
+二零二一年十二月三十一日
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+4.
+OPERATING SEGMENT INFORMATION
+4.
+經營分部資料
+For management purposes, the Group is organised into
+business units based on their products and services and
+has three reportable operating segments as follows:
+(a)
+(a)
+3.
+(b)
+(C)
+the rechargeable batteries and photovoltaic
+products segment comprises the manufacture and
+sale of lithium-ion batteries and nickel batteries,
+photovoltaic products and iron batteries products
+(including energy storage stations and iron battery
+packs), principally for mobile phones, electric
+tools and other portable electronic instruments,
+photovoltaic products, energy storage products and
+electric vehicles;
+the mobile handset components, assembly
+service and other products segment comprises
+the manufacture and sale of mobile handset
+components such as housings, electronic
+components, the provision of assembly services and
+medical protection products; and
+the automobiles and related products and other
+products segment comprises the manufacture and
+sale of automobiles and auto-related moulds and
+components and automobile leasing and after sales
+services, rail transport related business and medical
+protection products.
+二次充電電池及光伏產品分部包括製
+造和銷售鋰離子及鎳電池,光伏產品
+及鐵電池產品(包括儲能電站及鐵電
+池組),主要應用於手機、電動工具
+及其他便攜式電子工具、光伏和儲能
+產品以及電動汽車等;
+就管理而言,本集團按其產品及服務設立業
+務部門,並擁有以下三個可呈報經營分部:
+SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+Development costs
+主要會計判斷及估計(續)
+177
+Annual Report 2021
+二零二一年年報
+(b) 手機部件、組裝及其他產品分部包括
+製造和銷售外殼等手機及電子產品部
+件並提供整機組裝服務,防疫物資產
+品;及
+非上市股權投資之公允價值利用近期交易法
+或採用估值技術估算,估值技術包括市場乘
+數法、期權定價模型等。所依據的假設為不
+可觀察輸入值,比如企業價值/收入(「EV/
+Revenue」)比率、流動性折扣等。本集團相
+信,以上述估值方法得出的估計公允價值及
+相關的公允價值變動屬合理,且於報告期末
+為最恰當的價值。
+非上市權益投資的公允價值
+根據存貨會計政策,本集團自成本中將存貨
+撇銷至變現淨值,並利用成本及變現淨值兩
+者中較低者對滯銷及廢棄產品作出撥備。本
+集團重新評估撥備,以於各報告期末逐項將
+存貨價值減至變現淨值項目。
+根據成本及可變現淨值兩者中之較低者撇銷
+存貨
+本集團作出的產品保用撥備乃根據銷量及維
+修及退貨水平方面的過往經驗確認,並適當
+折現至其現值。管理層於各報告期末檢討及
+調整撥備以確認最佳估計。進一步詳情於合
+併財務報表附註36中披露。
+保用撥備
+3.
+開發成本乃根據於合併財務報表附註2.4中
+研究及開發成本的會計政策撥充資本。在釐
+定撥充資本的款項時,管理層須就資產產生
+的預期未來現金、適用的折現率及所得利益
+的預計期限作出假設。於二零二一年十二月
+三十一日,撥充資本開發成本的賬面值的最
+佳估計為人民幣9,644,705,000元(二零二零
+年:人民幣9,688,588,000元)。進一步詳情
+於合併財務報表附註18中披露。
+估計不確定因素 (續)
+For unlisted equity investments, the Group adopts
+recent transaction method or the valuation techniques to
+determine the fair values. Valuation techniques include
+market multiples and option pricing model, etc. The fair
+value measurement of these financial instruments may
+involve important unobservable inputs such as enterprise
+value to revenue (“EV/Revenue") multiple and liquidity
+discount. The Group believes that the estimated fair values
+resulting from the valuation technique and the related
+changes in fair values are reasonable, and they were the
+most appropriate values at the end of the reporting period.
+Fair values of unlisted equity investments
+The Group, pursuant to the accounting policy for
+inventories, writes down inventories from cost to net
+realisable value and makes reserves for slow-moving items
+and obsolescence by using the lower of cost and net
+realisable value rule. The Group re-estimates the allowance
+to reduce the valuation of inventories to net realisable value
+item by item at the end of each reporting period.
+Write-down of inventories based on the lower of cost and
+net realisable value
+Provisions for product warranties granted by the Group are
+recognised based on sales volume and past experience of
+the level of repairs and returns, discounted to their present
+values as appropriate. Management reviews and adjusts
+the provision to recognise the best estimate at the end of
+each of the reporting periods. Further details are disclosed
+in note 36 to the consolidated financial statements.
+Warranty provisions
+Development costs are capitalised in accordance with
+the accounting policy for research and development
+costs in note 2.4 to the consolidated financial statements.
+Determining the amounts to be capitalised requires
+management to make assumptions regarding the expected
+future cash generation of the assets, discount rates to
+be applied and the expected period of benefits. At 31
+December 2021, the best estimate of the carrying amount
+of capitalised development costs was RMB9,644,705,000
+(2020: RMB9,688,588,000). Further details are disclosed in
+note 18 to the consolidated financial statements.
+Estimation uncertainty (continued)
+開發成本
+(C)
+contractual cash flows, selling the financial assets, or both.
+BYD Company Limited
+換算產生的匯兌差額於其他綜合收益確認,
+並累計入匯兌波動儲備。出售境外業務時,
+有關該特定境外業務的其他綜合收益部分已
+於損益表確認。
+treated as assets and liabilities of the foreign operation and
+translated at the closing rate.
+amounts of assets and liabilities arising on acquisition are
+Any goodwill arising on the acquisition of a foreign
+operation and any fair value adjustments to the carrying
+The resulting exchange differences are recognised in other
+comprehensive income and accumulated in the exchange
+fluctuation reserve. On disposal of a foreign operation, the
+component of other comprehensive income relating to that
+particular foreign operation is recognised in the statement
+of profit or loss.
+若干境外附屬公司的功能貨幣為人民幣以外
+之貨幣。於報告期末,該等實體的資產與負
+債按報告期末的匯率換算為人民幣,而其損
+益表則按交易日期的概約現行匯率換算為人
+民幣。
+transactions.
+The functional currencies of certain overseas subsidiaries
+are currencies other than the RMB. As at the end of the
+reporting period, the assets and liabilities of these entities
+are translated into RMB at the exchange rates prevailing
+at the end of the reporting period and their statements of
+profit or loss are translated into RMB at the exchange rates
+that approximate to those prevailing at the dates of the
+為釐定初步確認有關資產的匯率、終止確認
+非貨幣性資產或與預收代價相關的非貨幣性
+負債時的開支或收入,初步交易日期是指本
+集團初步確認非貨幣性資產或預收代價產生
+的非貨幣性負債的日期。如有多個預付或預
+收款項,則本集團須釐定各支付預付款項或
+收到預收款項的交易日期。
+外幣(續)
+In determining the exchange rate on initial recognition of
+the related asset, expense or income on the derecognition
+of a non-monetary asset or non-monetary liability relating
+to an advance consideration, the date of initial transaction
+is the date on which the Group initially recognises the non-
+monetary asset or non-monetary liability arising from the
+advance consideration. If there are multiple payments or
+receipts in advance, the Group determines the transaction
+date for each payment or receipt of the advance
+consideration.
+Foreign currencies (continued)
+重要會計政策摘要(續)
+2.4
+SUMMARY OF SIGNIFICANT ACCOUNTING
+POLICIES (CONTINUED)
+2.4
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+收購境外業務產生的任何商譽及對因收購產
+生的資產及負債賬面值作出的任何公允價值
+調整,均視作境外業務的資產及負債,並按
+結算匯率換算。
+BYD Company Limited
+170
+比亞迪股份有限公司
+178
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+4. OPERATING SEGMENT INFORMATION
+(CONTINUED)
+4.
+經營分部資料(續)
+汽車、汽車相關產品及其他產品分部
+包括製造和銷售汽車、汽車相關的模
+具及零部件、汽車租賃和汽車的售後
+服務、軌道交通相關業務及防疫物資
+產品。
+Management monitors the results of the Group's operating
+segments separately for the purpose of making decisions
+about resource allocation and performance assessment.
+Segment performance is evaluated based on reportable
+segment profit, which is a measure of adjusted profit before
+tax. The adjusted profit before tax is measured consistently
+with the Group's profit before tax except that non-lease-
+related finance costs, interest income, exchange gains and
+losses, government grants and subsidies, as well as head
+office and corporate expenses and gains are excluded
+from such measurement.
+Segment liabilities exclude deferred tax liabilities, tax
+payable, financial liabilities at fair value through profit or
+loss, interest-bearing bank and other borrowings, derivative
+financial instruments, interest payable, dividend payable
+and other unallocated head office and corporate liabilities
+as these liabilities are managed on a group basis.
+Transfer pricing in operating segments is determined with
+reference to the agreed price among operating segments.
+管理層獨立監控本集團的經營分部業績,以
+便就資源配置及表現評估制定決策。評估分
+部表現時,乃按可呈報分部溢利得出,即計
+量除稅前經調整溢利。計量除稅前經調整溢
+利時,與本集團的除稅前溢利一致,惟非租
+賃相關融資成本、利息收入、匯兌損益、政
+府補助及補貼、連同營業總部及公司開支以
+及收益則不按該法計量。
+分部資產並無包括遞延稅項資產、商譽、以
+公允價值計量並計入其他綜合收益的權益投
+資、其他非流動金融資產、衍生金融工具、
+投資物業及其他未分配營業總部及企業資
+產,乃因該等資產按集團層面管理。
+分部負債並無包括遞延稅項負債、應付稅
+項、以公允價值計量並計入損益的金融負
+債、計息銀行及其他借款、衍生金融工具、
+應付利息、應付股息及其他未分配營業總部
+以及企業負債,乃因該等負債按集團層面管
+理。
+經營分部間的轉讓定價,參考經營分部間的
+協議價格制定。
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+Segment assets exclude deferred tax assets, goodwill,
+equity investments at fair value through other
+comprehensive income, other non-current financial assets,
+derivative financial instruments, investment properties and
+other unallocated head office and corporate assets, as
+these assets are managed on a group basis.
+業務模式
+財務報表附註
+比亞迪股份有限公司
+主要責任人與代理人考慮事項
+本集團向特定客戶銷售商品,該客戶同時也
+是商品製造過程中使用的關鍵材料的供應
+商。本集團需要通過評估其對客戶的承諾的
+性質來判斷其在該類交易中是主要責任人還
+是代理人。倘本集團於向客戶轉讓商品前控
+制所承諾商品,則為主要責任人,故須按總
+額基準記錄收入。否則,本集團為代理人,
+將收入列為就代理服務而保留的淨額(倘其
+責任為安排提供商品)。為評估本集團是��
+在商品轉移給客戶之前控制商品,本集團已
+考慮各種因素,包括但不限於本集團是否(i)
+是安排中的主要責任人,(ii)承擔存貨的一般
+風險,(iii)有權自主決定售價及(iv)極大參與
+釐定產品及服務規格。
+分派股息產生的預扣稅遞延稅
+本集團乃根據派付股息的時間判斷釐定是否
+應計若干附屬公司分派的股息產生的預扣稅
+(由相關稅務司法權區徵收)。進一步詳情載
+於合併財務報表附註39。
+估計不確定因素
+有關未來之主要假設以及於報告期末其他主
+要估計項目不確定因素之來源(其具導致下
+個財政年度內資產及負債賬面值須作出重大
+調整之重大風險)闡述如下。
+171
+BYD Company Limited
+172
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+Estimation uncertainty (continued)
+Estimation of constraint on variable consideration
+When estimating the effect of an uncertainty on an amount
+of variable consideration to which the entity will be entitled,
+the entity is required to consider all information (historical,
+current and forecast) that is reasonably available to the
+entity and to estimate variable amount of consideration in
+a range of possible consideration amounts. An expected
+value may be an appropriate estimate of the amount of
+variable considerations if an entity has a large number
+of contracts with similar characteristics. The most likely
+amount may be an appropriate estimate of the amount of
+variable consideration if contract has only two possible
+amounts. When an entity determines that it cannot meet
+the highly probable threshold if it includes all of the
+variable consideration in the transaction price, the amount
+of variable consideration that must be included in the
+transaction price is limited to the amount that would not
+result in a significant revenue reversal. That is, an entity
+is required to include in the transaction price the portion
+of variable consideration that will not result in a significant
+revenue reversal when the uncertainty associated with
+the variable consideration is subsequently resolved. A
+minimum amount of variable consideration should be
+included in the transaction price when doing so would
+not result in a significant reversal of cumulative revenue
+recognised. At the end of each reporting period, the entity
+would be required to revaluate variable consideration,
+including constraints on variable consideration to reflect
+any changes during the reporting period.
+3.
+主要會計判斷及估計(續)
+估計不確定因素 (續)
+評估可變代價的限制
+實體對不確定因素對實體有權獲得的可變代
+價的影響進行估計時,須考慮能夠合理獲得
+的所有信息,包括歷史信息、當前信息以及
+預測信息,在合理的數量範圍內估計各種可
+能發生的對價金額。倘實體具有大量具有相
+似特徵的合同,則預期價值可能是可變代價
+金額的適當估計。當合同僅有兩個可能結果
+時,實體按照最可能發生金額估計可變代價
+金額。倘實體釐定若其將所有可變代價納入
+交易價格後,其極有可能無法符合門檻,則
+須納入交易價格的可變代價金額則受限於不
+會導致重大收入轉回的金額。亦即,與可變
+代價有關的不確定性於其後得到解決時,實
+體須於交易價格納入將不會導致重大收入轉
+回的可變代價部分。於納入交易價格時,倘
+不會導致已確認的累計收入發生重大轉回,
+可變代價的最低金額須納入交易價格內。於
+各報告期末,實體須重新評估可變代價,包
+括可變代價的限制,以反映於報告期間內的
+任何變動。
+Annual Report 2021
+二零二一年年報
+173
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+判斷(續)
+主要會計判斷及估計(續)
+3.
+within the next financial year, are described below.
+financial assets refers to how it manages its financial
+assets in order to generate cash flows. The business model
+determines whether cash flows will result from collecting
+The classification of financial assets at initial recognition
+depends on the financial asset's contractual cash flow
+characteristics and the Group's business model for
+managing them. The Group's business model for managing
+Business model
+於應用本集團會計政策的過程中,除涉及對
+財務報表內已確認金額構成最重大影響的估
+計項目外,管理層已作出以下判斷:
+判斷
+編製本集團的財務報表要求管理層作出影響
+收入、開支、資產及負債的報告金額及其附
+帶披露以及或有負債披露的判斷、估計及假
+設。該等假設及估計並不明確,可能會導致
+出現需要對將來受影響的資產或負債的賬面
+值作出��大調整。
+In the process of applying the Group's accounting policies,
+management has made the following judgements, apart
+from those involving estimations, which have the most
+significant effect on the amounts recognised in the financial
+statements:
+Judgements
+disclosures, and the disclosure of contingent liabilities.
+Uncertainty about these assumptions and estimates could
+result in outcomes that could require a material adjustment
+to the carrying amounts of the assets or liabilities affected
+in the future.
+The preparation of the Group's financial statements
+requires management to make judgements, estimates and
+assumptions that affect the reported amounts of revenues,
+expenses, assets and liabilities, and their accompanying
+主要會計判斷及估計
+3.
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES
+二零二一年十二月三十一日
+3.
+31 December 2021
+Annual Report 2021
+二零二一年年報
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+Judgements (continued)
+Principal versus agent considerations
+The Group sells products to a customer who is also the
+supplier of key materials used in the manufacturing of
+products. The Group needs to determine whether it is a
+principal or an agent in these transactions by evaluating
+the nature of its promise to the customer. The Group is
+a principal and therefore records revenue on a gross
+basis if it controls promised goods before transferring the
+goods to the customer. Otherwise, the Group is an agent
+and records as revenue the net amount that it retains for
+its agency services if its role is to arrange to provide the
+goods. To assess whether the Group controls the goods
+before they are transferred to the customer, the Group
+has considered various factors, including but not limited
+to whether the Group is (i) the primary obligor in the
+arrangement, (ii) has general inventory risk, (iii) has latitude
+in establishing the selling price and (iv) has significant
+involvement in the determination of product and service
+specifications.
+Deferred tax on withholding tax arising from the
+distributions of dividends
+The Group's determination as to whether to accrue
+for withholding taxes arising from the distributions of
+dividends from certain subsidiaries levied in the relevant
+tax jurisdiction is subject to judgement on the timing of the
+payment of the dividends. Further details are included in
+note 39 to the consolidated financial statements.
+Estimation uncertainty
+The key assumptions concerning the future and other key
+sources of estimation uncertainty at the end of the reporting
+period, that have a significant risk of causing a material
+adjustment to the carrying amounts of assets and liabilities
+金融資產於初步確認時之分類乃視乎該等金
+融資產的合同現金流量特點及本集團管理該
+等金融資產的業務模式而定。本集團管理金
+融資產的業務模式指其管理其金融資產以產
+生現金流量的方式。業務模式釐定現金流量
+是否來自收集合同現金流量、出售金融資
+產,或兩者兼有。
+Notes to Financial Statements
+主要會計判斷及估計(續)
+估計不確定因素 (續)
+The Group assesses whether there are any indicators
+of impairment for all non-financial assets (including the
+right-of-use assets) at the end of each reporting period.
+Indefinite life intangible assets are tested for impairment
+annually and at other times when such an indicator exists.
+Other non-financial assets are tested for impairment when
+there are indicators that the carrying amounts may not
+be recoverable. An impairment exists when the carrying
+value of an asset or a cash-generating unit exceeds its
+recoverable amount, which is the higher of its fair value
+less costs of disposal and its value in use. The calculation
+of the fair value less costs of disposal is based on available
+data from binding sales transactions in an arm's length
+transaction of similar assets or observable market prices
+less incremental costs for disposing of the asset. When
+value in use calculations are undertaken, management
+must estimate the expected future cash flows from the
+asset or cash-generating unit and choose a suitable
+discount rate in order to calculate the present value of
+those cash flows.
+非金融資產(商譽除外)減值
+本集團會於各報告期末評估所有非金融資
+產(包括使用權資產)有否出現任何減值跡
+象。年期無限的無形資產將於每年及出現該
+跡象時進行減值測試。其他非金融資產則於
+出現賬面值可能不可收回的跡象時進行減值
+測試。資產或現金產生單位的賬面值超逾可
+收回金額(即其公允價值減出售成本及使用
+價值兩者中之較高者)時,則出現減值。計
+量公允價值減出售成本時,按約束銷售交易
+根據公平合理基準交易類似資產可得數據,
+或可得市價減出售資產所產生的應計費用而
+得出。當計算使用價值時,管理層必須估計
+來自資產或現金產生單位的預期未來現金流
+量,並選擇合適的折現率以計算該等現金流
+量的現值。
+Annual Report 2021
+二零二一年年報
+175
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+Estimation uncertainty (continued)
+Depreciation and amortisation
+The Group calculates the depreciation of items of property,
+plant and equipment and amortisation of intangible assets
+on the straight-line basis over their estimated useful lives
+or on the unit-of-production basis and after taking into
+account their estimated residual value, estimated useful
+lives or estimated total production quantities, commencing
+from the date the items of property, plant and equipment
+and intangible assets are placed into use. The estimated
+useful lives or the total production quantities reflect the
+directors' estimate of the period that the Group intends to
+derive future economic benefits from the use of the Group's
+items of property, plant and equipment or intangible
+assets.
+3.
+主要會計判斷及估計(續)
+估計不確定因素 (續)
+折舊及攤銷
+本集團計量物業、廠房及設備項目的折舊及
+攤銷無形資產時,乃於物業、廠房及設備及
+無形資產項目投入使用當日起計,根據其估
+計可使用年期按直線法基準計算,並計及其
+估計剩餘價值、估計可使用年期或估計總產
+量後按生產單位基準計算而得出。估計可使
+用年期或總產量反映董事期內估計本集團擬
+將透過其使用物業、廠房及設備或無形資產
+而獲取未來經濟利益。
+Deferred tax assets
+Deferred tax assets are recognised for unused tax
+losses to the extent that it is probable that taxable
+profit will be available against which the losses can be
+utilised. Significant management judgement is required
+to determine the amount of deferred tax assets that can
+be recognised, based upon the likely timing and level
+of future taxable profits together with future tax planning
+strategies. The carrying value of deferred tax assets
+relating to recognised tax losses at 31 December 2021 was
+RMB539,785,000 (2020:RMB201,320,000). The amount
+of unrecognised tax losses at 31 December 2021 was
+RMB5,824,945,000 (2020:RMB3,862,193,000). Further
+details are disclosed in note 39 to the consolidated
+financial statements.
+遞延稅項資產
+僅在可能取得未來應課稅溢利作扣減虧損的
+情況下,方確認由未動用稅項虧損產生之遞
+延稅項資產。在釐定可予確認之遞延稅項資
+產的金額時,須根據可能的時間、未來應課
+税溢利水平連同未來稅項計劃策略作出重大
+管理層判斷。與已確認稅項虧損有關的遞延
+稅項資產於二零二一年十二月三十一日的賬
+面值為人民幣539,785,000元(二零二零年:
+人民幣201,320,000元)。於二零二一年十
+二月三十一日的未確認稅項虧損金額為人民
+幣5,824,945,000元(二零二零年:人民幣
+3,862,193,000元)。進一步詳情於合併財務
+報表附註39中披露。
+BYD Company Limited
+176
+本集團無法輕易釐定租賃內所隱含的利率,
+因此,使用增量借款利率(「增量借款利率」)
+計量租賃負債。增量借款利率為本集團於類
+似經濟環境中為取得與使用權資產價值相近
+之資產,而以類似抵押品於類似期間借入所
+需資金應支付之利率。因此,增量借款利率
+反映了本集團「應支付」的利率,當無可觀察
+的利率時(如就並無訂立融資交易之附屬公
+司而言)或當須對利率進行調整以反映租賃
+之條款及條件時(如當租賃並非以附屬公司
+的功能貨幣計價時),則須作出估計。當可
+觀察輸入數據可用時,本集團使用可觀察輸
+入數據(如市場利率)估算增量借款利率,並
+須針對不同實體作出若干估計(例如附屬公
+司的單獨信貸評級)。
+租賃- 估計增量借貸利率
+估計不確定因素 (續)
+主要會計判斷及估計(續)
+Impairment of goodwill
+The Group determines whether goodwill is impaired at
+least on an annual basis. This requires an estimation of
+the value in use of the cash-generating units to which the
+goodwill is allocated. Estimating the value in use requires
+the Group to make an estimate of the expected future
+cash flows from the cash-generating unit and also to
+choose a suitable discount rate in order to calculate the
+present value of those cash flows. The carrying amount of
+goodwill at 31 December 2021 was RMB65,914,000 (2020:
+RMB65,914,000). Further details are given in note 17 to the
+consolidated financial statements.
+Provision for expected credit losses on trade receivables
+and contract assets
+The Group uses a provision matrix to calculate ECLs for
+trade receivables. The provision rates are based on the
+invoice date for groupings of various customer segments
+that have similar loss patterns by product type.
+169
+The provision matrix is initially based on the Group's
+historical observed default rates. The Group will calibrate
+the matrix to adjust the historical credit loss experience
+with forward-looking information. For instance, if forecast
+economic conditions (i.e., gross domestic products) are
+expected to deteriorate over the next year which can lead
+to an increased number of defaults in the manufacturing
+sector, the historical default rates are adjusted. At each
+reporting date, the historical observed default rates are
+updated and changes in the forward-looking estimates are
+analysed.
+The assessment of the correlation among historical
+observed default rates, forecast economic conditions
+and ECLS is a significant estimate. The amount of ECLS
+is sensitive to changes in circumstances and forecast
+economic conditions. The Group's historical credit loss
+experience and forecast of economic conditions may also
+not be representative of a customer's actual default in the
+future. The information about the ECLs on the Group's
+trade receivables and contract assets is disclosed in notes
+25 and 28 to the consolidated financial statements.
+商譽減值
+本集團最少每年一次釐定商譽有否減值,此
+須估計獲分配商譽之現金產生單位之使用價
+值。本集團估計使用價值,須要估計現金產
+生單位之預期未來現金流量,以及須要選出
+合適之折現率,以計算現金流量之現值。於
+二零二一年十二月三十一日,商譽的賬面值
+為人民幣65,914,000元(二零二零年:人民
+幣65,914,000元)。進一步詳情載於合併財
+務報表附註17。
+應收貿易賬款及合同資產的預期信貸虧損撥
+備
+本集團使用撥備矩陣來計算應收貿易賬款的
+預期信貸虧損。撥備率乃基於具有類似虧損
+模式產品類型的各個客戶群的分組的發票日
+期。
+撥備矩陣初步基於本集團的過往觀察違約率
+作出。本集團將使用前瞻性信息校準該矩陣
+以調整過往信貸虧損經歷。例如,倘預測經
+濟狀況(即國內生產總值)預計將於下一年惡
+化(其可能導致製造行業違約數量增加),則
+將調整過往違約率。於各報告日期,本集團
+會更新過往觀察違約率並分析前瞻性估計值
+的變化。
+對過往觀察違約率、預測經濟狀況及預期信
+貸虧損之間相關性的評估乃為一項重要估
+計。預期信貸虧損的數量對環境變化及預測
+經濟條件較為敏感。本集團的過往信貸虧損
+經驗及經濟狀況預測亦可能無法代表客戶未
+來的實際違約情況。有關本集團應收貿易賬
+款的預期信貸虧損及合同資產的資料分別於
+合併財務報表附註25及28中披露。
+Estimation uncertainty (continued)
+BYD Company Limited
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+3. SIGNIFICANT ACCOUNTING JUDGEMENTS AND
+ESTIMATES (CONTINUED)
+Estimation uncertainty (continued)
+-
+Leases Estimating the incremental borrowing rate
+The Group cannot readily determine the interest rate
+implicit in a lease, and therefore, it uses an incremental
+borrowing rate ("IBR") to measure lease liabilities. The IBR
+is the rate of interest that the Group would have to pay to
+borrow over a similar term, and with a similar security, the
+funds necessary to obtain an asset of a similar value to
+the right-of-use asset in a similar economic environment.
+The IBR therefore reflects what the Group "would have
+to pay", which requires estimation when no observable
+rates are available (such as for subsidiaries that do not
+enter into financing transactions) or when it needs to be
+adjusted to reflect the terms and conditions of the lease (for
+example, when leases are not in the subsidiary's functional
+currency). The Group estimates the IBR using observable
+inputs (such as market interest rates) when available and is
+required to make certain entity-specific estimates (such as
+the subsidiary's stand-alone credit rating).
+Impairment of non-financial assets (other than goodwill)
+3.
+174
+Annual Report 2021
+二零二一年年報
+3,645,439
+5,508,855
+於合營公司的投資
+Investments in joint ventures
+14,108,382
+7,234,736
+2,884,899
+3,988,747
+折舊及攤銷
+315,804
+Depreciation and amortisation
+financial and contract assets
+444,553
+359,060
+(14,619)
+100,112
+金融及合同資產的減值
+Impairment losses/(losses reversed) on
+虧損(虧損轉回)
+of profit or loss, net
+6,498,425
+Investments in associates
+Capital expenditure
+4.
+OPERATING SEGMENT INFORMATION 4. 經營分部資料(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+181
+Annual Report 2021
+二零二一年年報
+6,814,229
+51,353,914
+5,413,421
+23,940,746
+資本開支*
+1,090,772
+636,749
+454,023
+於聯營公司的投資
+21,999,747
+(CONTINUED)
+800,996
+320,736
+企業及其他未分配負債
+Corporate and other unallocated liabilities
+(6,670,777)
+各分部間應付款項撇銷
+對賬:
+156,654,865
+90,437,555
+41,551,850
+18,884,526
+分部負債
+Elimination of intersegment payables
+Reconciliation:
+Segment liabilities
+295,780,147
+資產總值
+Total assets
+47,332,784
+377,436
+Total liabilities
+191,535,938
+102,824
+(65,981)
+(27,431)
+(38,550)
+211,276
+220,469
+(9,193)
+負債總額
+Impairment losses recognised in the statement 損益表中確認的減值虧損淨額
+Associates
+合營公司
+Joint ventures
+分佔(溢利)/虧損:
+Share of (profits)/losses of:
+其他分部資料:
+Other segment information:
+聯營公司
+Mobile handset
+Rechargeable
+batteries and
+其他總收入撇銷
+各分部間的銷售撇銷
+對賬:
+Elimination of taxes and surcharges
+Elimination of other gross income
+Elimination of intersegment sales
+Reconciliation:
+稅金及附加費撇銷
+2,154,415
+1,780,991
+332,211
+20,679
+稅金及附加費
+Taxes and surcharges
+的其他收入)
+scrap materials, lease and others
+20,534
+974,092
+22,471,849
+473,871
+Elimination of intersegment results
+Interest income
+Reconciliation:
+9,978,959
+1,410
+2,906,979
+6,260,670
+809,900
+74,887,896 86,180,214
+分部業績
+153,469,184
+收入 - 向外界客戶銷售
+Revenue sales to external customers
+(2,154,415)
+(974,092)
+(27,416,139)
+184,013,830
+Segment results
+1,142
+254,445
+356,288
+Automobiles
+and others
+Corporate
+products and
+and related
+service and
+assembly
+Total
+components,
+手機部件、組裝
+及其他產品
+RMB'000
+人民幣千元
+other products
+products
+二次充電電池
+及光伏產品
+RMB'000
+人民幣千元
+十二月三十一日止年度
+Year ended 31 December 2020
+截至二零二零年
+photovoltaic
+other products
+汽車、汽車相關
+產品及其他產品
+RMB'000
+人民幣千元
+企業
+及其他
+RMB'000
+人民幣千元
+合計
+362,217
+其他(包括來自出售廢料、租賃等
+Others including other income from sales of
+27,416,139
+2,186,889
+153,469,184
+452,195
+59,354,468 81,957,889
+14,844,929
+10,384,321
+各分部間的銷售
+Intersegment sales
+11,704,632
+向外界客戶銷售
+Sales to external customers
+分部收入(附註5)
+Segment revenue (note 5)
+RMB 000
+人民幣千元
+19,538,569
+(1,880,508)
+(6,670,777)
+企業及其他未分配資產
+2,443
+233,092
+529,062
+1,043,002
+其他(包括來自出售廢料、租賃等
+Others including other income from sales of
+29,550,124
+1,807,599
+3,261,847
+22,925,816
+各分部間的銷售
+Intersegment sales
+211,299,918
+692,746
+85,545,672 109,659,458
+15,402,042
+3,362,461
+向外界客戶銷售
+scrap materials, lease and others
+Taxes and surcharges
+39,397,022
+收入 - 向外界客戶銷售
+Revenue sales to external customers
+稅金及附加費撇銷
+其他總收入撇銷
+各分部間的銷售撇銷
+對賬:
+的其他收入)
+Elimination of other gross income
+Elimination of taxes and surcharges
+Reconciliation:
+3,034,878
+32,304
+2,596,694
+379,718
+26,162
+税金及附加費
+Elimination of intersegment sales
+Sales to external customers
+分部收入(附註5)
+Segment revenue (note 5)
+photovoltaic
+products
+assembly
+batteries and
+and related
+components,
+Rechargeable
+service and
+Automobiles
+(CONTINUED)
+4.
+OPERATING SEGMENT INFORMATION 4. 經營分部資料(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+179
+Mobile handset
+and other
+products other products
+products
+人民幣千元
+RMB'000
+合計
+及其他
+RMB'000
+人民幣千元
+RMB’000
+人民幣千元
+企業
+汽車、汽車相關
+產品及其他產品
+手機部件、組裝
+及其他產品
+RMB'000
+人民幣千元
+人民幣千元
+及光伏產品
+RMB’000
+十二月三十一日止年度
+Year ended 31 December 2021
+二次充電電池
+截至二零二一年
+Total
+and others
+Corporate
+89,816,913 115,751,091
+Dividend income and unallocated gains
+727,493
+(29,550,124)
+Year ended 31 December 2021
+截至二零二一年
+Total
+and others
+Corporate
+products
+products other products
+十二月三十一日止年度
+and other
+photovoltaic
+products
+assembly
+batteries and
+and related
+components,
+Rechargeable
+service and
+Automobiles
+二次充電電池
+及光伏產品
+RMB’000
+人民幣千元
+汽車、汽車相關
+產品及其他產品
+RMB'000
+人民幣千元
+Corporate and other unallocated assets
+各分部間銷售未變現溢利撇銷
+Elimination of unrealised profit from
+intersegment sales
+各分部間應收款項撇銷
+Elimination of intersegment receivables
+對賬:
+Reconciliation:
+手機部件、組裝
+及其他產品
+RMB’000
+人民幣千元
+284,792,863
+71,655,531
+分部資產
+Segment assets
+人民幣千元
+RMB'000
+合計
+企業
+及其他
+RMB'000
+人民幣千元
+43,371,219 169,766,113
+Mobile handset
+(CONTINUED)
+4. OPERATING SEGMENT INFORMATION 4. 經營分部資料(續)
+lease liabilities)
+Finance costs (other than interest on
+Corporate and other unallocated expenses
+Dividend income and unallocated gains
+Elimination of intersegment results
+Interest income
+Reconciliation:
+(i)
+股息收入及未分配收益
+35,434
+1,853,047
+432,509
+分部業績
+Segment results
+211,299,918
+(3,034,878)
+(1,807,599)
+3,187,865
+企業及其他未分配開支
+融資成本(不包括租賃負債利息)
+對賬:
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+180
+BYD Company Limited
+4,518,003
+除稅前溢利
+Profit before tax
+(1,839,260)
+(1,074,858)
+2,820,434
+631,841
+(1,529,009)
+利息收入
+各分部間的業績撇銷
+245,692,519
+Annual Report 2021
+二零二一年年報
+Corporate and other unallocated expenses
+lease liabilities)
+469,784
+1,138,689
+152,999,400
+210,161,229
+銷售商品及建造服務
+提供服務
+二零二零年
+RMB'000
+人民幣千元
+二零二一年
+RMB'000
+人民幣千元
+211,299,918
+2020
+客戶合同收入
+Sale of goods and construction services
+Rendering of services
+Revenue from contracts with customers
+收入的分析如下:
+收入、其他收入及收益
+5.
+REVENUE, OTHER INCOME AND GAINS
+An analysis of revenue is as follows:
+2021
+5.
+153,469,184
+185
+batteries and
+Automobiles
+components,
+Rechargeable
+Mobile handset
+分類收入資料
+(i)
+Annual Report 2021
+二零二一年年報
+客戶合同收入
+(i)
+Revenue from contracts with customers
+(CONTINUED)
+5. REVENUE, OTHER INCOME AND GAINS 5. 收入、其他收入及收益(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+Disaggregated revenue information
+assembly
+收入約人民幣34,852,102,000元(二零二零
+年:人民幣19,412,775,000元),來自手機
+部件、組裝服務及其他產品分部及二次充電
+電池及光伏產品分部對單一客戶以及處於該
+客戶共同控制下的集團實體的銷售。
+Revenue of approximately RMB34,852,102,000 (2020:
+RMB19,412,775,000) was derived from sales made by the
+Mobile handset components, assembly service and other
+products segment and the rechargeable batteries and
+photovoltaic products segment to a single customer and a
+group of entities which are under common control with that
+customer.
+and Taiwan)
+121,102,905 82,344,444
+中國(包括香港、澳門及台灣)
+PRC (including Hong Kong, Macau
+RMB'000
+人民幣千元
+二零二零年
+二零二一年
+RMB'000
+人民幣千元
+Overseas
+2020
+非流動資產
+(b)
+Non-current assets
+(b)
+。
+取。
+上述收入資料乃根據客戶所在地獲
+2021
+主要客戶的資料
+海外
+1,722,989
+Information about a major customer
+經營分部資料(續)
+4.
+4. OPERATING SEGMENT INFORMATION
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+2,269,957
+Notes to Financial Statements
+184
+BYD Company Limited
+上述非流動資產資料乃根據資產所在
+地獲取,惟未計及商譽、金融工具及
+遞延稅項資產。
+the locations of the assets and excludes goodwill,
+financial instruments and deferred tax assets.
+The non-current asset information above is based on
+84,067,433
+123,372,862
+比亞迪股份有限公司
+and related
+photovoltaic
+service and
+隨時間轉移的服務
+Services transferred over time
+於某一時間點轉移的貨品
+Goods transferred at a point in time
+收入確認時間
+Timing of revenue recognition
+211,299,918
+15,391,154
+10,888
+692,746
+15,402,042
+Total revenue from contracts with customers 客戶合同收入總額
+63,894,959
+7,753,682
+8,133,519 48,007,758
+海外
+Overseas
+85,545,672 109,659,458
+and Taiwan)
+85,271,646 107,444,411
+274,026 2,215,047
+208,799,957
+2,499,961
+5.
+5. REVENUE, OTHER INCOME AND GAINS
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+692,746
+186
+手機部件、組裝及其他產品和
+汽車、汽車相關產品及其他產
+品的銷售金額包括銷售防疫物
+資產品。
+Sales of medical protection products are
+included in the sales of Mobile handset
+components, assembly service and other
+products and Automobiles and related products
+and other products.
+692,746 211,299,918
+109,659,458
+85,545,672
+15,402,042
+Total revenue from contracts with customers 客戶合同收入總額
+BYD Company Limited
+147,404,959
+692,746
+37,537,914 101,905,776
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+人民幣千元
+人民幣千元
+RMB'000
+RMB'000
+總計
+Types of goods or services
+其他
+Others
+products other products* other products*
+二次充電電池 手機部件、組裝 汽車、汽車相關
+及光伏產品 及其他產品* 產品及其他產品*
+RMB’000
+人民幣千元
+十二月三十一日止年度
+分部
+Segments
+For the year ended 31 December 2021
+截至二零二一年
+products, and
+Total
+貨品或服務類別
+Sale of goods and construction services
+Rendering of services
+7,268,523
+中國(包括香港、澳門及台灣)
+PRC (including Hong Kong, Macau
+地區市場
+Geographical markets
+211,299,918
+692,746
+85,545,672 109,659,458
+15,402,042
+Total revenue from contracts with customers 客戶合同收入總額
+1,138,689
+853,775
+692,746 210,161,229
+108,805,683
+85,271,646
+274,026
+15,391,154
+10,888
+銷售商品及建造服務
+提供服務
+The revenue information above is based on the
+locations of customers.
+153,469,184
+211,299,918
+63,894,959 59,123,311
+37,340,874
+37,472,382
+各分部間銷售未變現溢利撇銷
+各分部間應收款項撇銷
+對賬:
+分部資產
+Elimination of unrealised profit from
+intersegment sales
+121,710,398
+Elimination of intersegment receivables
+Segment assets
+RMB'000
+人民幣千元
+合計
+及其他
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+企業
+Total
+Reconciliation:
+and others
+196,523,654
+(2,026,657)
+各分部間應付款項撇銷
+對賬:
+81,469,716
+43,086,393
+20,628,730
+17,754,593
+分部負債
+(3,711,632)
+Elimination of intersegment payables
+Segment liabilities
+201,017,321
+資產總值
+Total assets
+企業及其他未分配資產
+Corporate and other unallocated assets
+10,231,956
+Reconciliation:
+Corporate
+products and
+other products
+汽車、汽車相關
+產品及其他產品
+182
+BYD Company Limited
+6,882,587
+除稅前溢利
+Profit before tax
+(3,067,379)
+(1,523,627)
+比亞迪股份有限公司
+2,190,437
+利息收入
+(910,416)
+各分部間的業績撇銷
+對賬:
+融資成本(不包括租賃負債利息)
+企業及其他未分配開支
+股息收入及未分配收益
+214,613
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+other products
+手機部件、組裝
+及其他產品
+RMB'000
+人民幣千元
+products
+二次充電電池
+及光伏產品
+RMB'000
+人民幣千元
+十二月三十一日止年度
+Year ended 31 December 2020
+截至二零二零年
+and related
+service and
+assembly
+photovoltaic
+batteries and
+Automobiles
+components,
+Rechargeable
+Mobile handset
+(CONTINUED)
+4. OPERATING SEGMENT INFORMATION 4. 經營分部資料(續)
+二零二一年十二月三十一日
+Corporate and other unallocated liabilities
+Finance costs (other than interest on
+企業及其他未分配負債
+58,805,325
+Annual Report 2021
+二零二一年年報
+及物業、廠房及設備項目的預付款項。
+use assets, other intangible assets and prepayment for
+items of property, plant and equipment.
+資本開支包含添置物業、廠房及設備、
+投資物業、使用權資產、其他無形資產
+Capital expenditure consists of additions to property,
+plant and equipment, investment properties, right-of-
+12,565,583
+4,392,564
+183
+3,436,447
+612,308
+410,473
+4,736,572
+於聯營公司的投資
+資本開支*
+Capital expenditure
+Investments in associates
+4,442,807
+4,136,196
+1,022,781
+306,611
+Notes to Financial Statements
+31 December 2021
+二零二一年十二月三十一日
+海外
+Overseas
+147,404,959 94,345,873
+中國(包括香港、澳門及台灣)
+PRC (including Hong Kong, Macau
+and Taiwan)
+人民幣千元
+二零二零年
+RMB'000
+財務報表附註
+2020
+(a) 來自外界客戶的收入
+地區資料
+(a) Revenue from external customers
+Geographical information
+(CONTINUED)
+4.
+OPERATING SEGMENT INFORMATION 4. 經營分部資料(續)
+2021
+二零二一年
+RMB’000
+人民幣千元
+於合營公司的投資
+Investments in joint ventures
+12,518,675
+(40,061)
+27,943
+聯營公司
+Associates
+198,955
+201,166
+(2,211)
+(12,118)
+合營公司
+分佔(溢利)/虧損:
+Share of (profits)/losses of:
+其他分部資料:
+Other segment information:
+136,563,409
+負債總額
+Total liabilities
+Joint ventures
+Impairment losses recognised in the
+損益表中確認的減值虧損淨額
+221,690
+7,327,671
+2,137,464
+3,053,540
+折舊及攤銷
+Depreciation and amortisation
+虧損╱(虧損轉回)
+financial and contract assets
+1,166,268
+975,942
+(10,679)
+201,005
+金融及合同資產的減值
+Impairment losses/(losses reversed) on
+statement of profit or loss, net
+692,164
+467,034
+3,440
+(3,711,632)
+收入、其他收入及收益(續)
+Revenue from contracts with customers (continued)
+For the year ended 31 December 2020
+截至二零二零年
+products
+Segments
+十二月三十一日止年度
+分部
+二次充電電池
+及光伏產品
+RMB'000
+人民幣千元
+products* other products*
+手機部件、組裝 汽車、汽車相關
+及其他產品* 產品及其他產品*
+Others
+Total
+其他
+總計
+RMB'000
+RMB'000
+人民幣千元
+人民幣千元
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+Types of goods or services
+貨品或服務類別
+Sale of goods and construction services
+Rendering of services
+銷售商品及建造服務
+提供服務
+11,673,278
+products, and
+and other
+and related
+service
+Mobile handset
+disclosed in the segment information:
+以下載列客戶合同收入與分部資料披
+露金額的對賬:
+from contracts with customers to the amounts
+Set out below is the reconciliation of the revenue
+分類收入資料(續)
+Disaggregated revenue information (continued)
+(i)
+客戶合同收入(續)
+Revenue from contracts with customers (continued)
+(CONTINUED)
+59,339,624
+5. REVENUE, OTHER INCOME AND GAINS 5. 收入、其他收入及收益(續)
+財務報表附註
+Notes to Financial Statements
+Disaggregated revenue information (continued)
+Rechargeable
+batteries and
+photovoltaic
+客戶合同收入(續)
+(i) 分類收入資料(續)
+Mobile handset
+components,
+assembly
+Automobiles
+31 December 2021
+二零二一年十二月三十一日
+Rechargeable
+81,534,303
+31,354
+81,957,889
+452,195
+153,469,184
+Timing of revenue recognition
+收入確認時間
+Goods transferred at a point in time
+於某一時間點轉移的貨品
+11,673,278
+Services transferred over time
+隨時間轉移的服務
+31,354
+59,339,624
+14,844
+79,671,491
+2,286,398
+452,195 151,136,588
+2,332,596
+Total revenue from contracts with customers 客戶合同收入總額
+11,704,632
+59,354,468
+81,957,889
+452,195
+153,469,184
+Annual Report 2021
+二零二一年年報
+187
+59,354,468
+11,704,632
+Total revenue from contracts with customers 客戶合同收入總額
+59,123,311
+14,844
+423,586
+152,999,400
+469,784
+Total revenue from contracts with customers 客戶合同收入總額
+11,704,632
+59,354,468
+81,957,889
+452,195
+153,469,184
+Geographical markets
+地區市場
+452,195
+PRC (including Hong Kong, Macau
+4,152,450
+37,822,425
+51,918,803
+452,195
+94,345,873
+and Taiwan)
+Overseas
+海外
+7,552,182
+21,532,043
+30,039,086
+中國(包括香港、澳門及台灣)
+components,
+(i)
+batteries and
+External customers
+客戶合同收入
+Revenue from contracts with customers
+人民幣千元
+RMB'000
+總計
+企業及其他
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+Total
+and others
+other products
+汽車、汽車相關
+產品及其他產品
+外界客戶
+other products
+手機部件、組裝
+及其他產品
+RMB'000
+人民幣千元
+分部
+Segment
+十二月三十一日止年度
+Year ended 31 December 2020
+Automobiles
+products and
+service and
+photovoltaic
+截至二零二零年
+and related
+assembly
+products
+二次充電電池
+及光伏產品
+RMB'000
+人民幣千元
+batteries and
+11,704,632
+Intersegment sales
+6,375,288
+銷售商品及建造服務
+Sale of goods and construction services
+計入報告期初合同負債確認
+的收入:
+Revenue recognised that was included
+in contract liabilities at the beginning
+of the reporting period:
+人民幣千元
+RMB'000
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+下表呈列於本報告期間確認並計入報
+告期初合同負債及就於過往期間達成
+的履約責任確認的收入金額:
+59,354,468
+from performance obligations satisfied in previous
+periods:
+153,469,184
+(27,416,139)
+Total revenue from contracts with customers 客戶合同收入總額
+Intersegment adjustments and eliminations 各分部間的調整及撇銷
+27,416,139
+153,469,184
+452,195
+81,957,889
+2,186,889
+14,844,929
+10,384,321
+各分部間的銷售
+The following table shows the amounts of revenue
+recognised in the current reporting period that
+were included in the contract liabilities at the
+beginning of the reporting period and recognised
+Automobiles
+Corporate
+Rechargeable
+Revenue from contracts with customers 客戶合同收入
+RMB'000
+人民幣千元
+總計
+企業及其他
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+汽車、汽車相關
+產品及其他產品
+components,
+及光伏產品
+RMB'000
+人民幣千元
+二次充電電池
+十二月三十一日止年度
+分部
+Segment
+Year ended 31 December 2021
+Total
+and others
+other products
+products other products
+截至二零二一年
+Corporate
+products and
+service and
+photovoltaic
+and related
+assembly
+External customers
+Intersegment sales
+手機部件、組裝
+及其他產品
+RMB'000
+人民幣千元
+各分部間的銷售
+Mobile handset
+(i) 分類收入資料(續)
+客戶合同收入(續)
+外界客戶
+(i)
+Revenue from contracts with customers (continued)
+收入、其他收入及收益(續)
+5.
+5. REVENUE, OTHER INCOME AND GAINS
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Disaggregated revenue information (continued)
+比亞迪股份有限公司
+Notes to Financial Statements
+Intersegment adjustments and eliminations 各分部間的調整及撇銷
+Total revenue from contracts with customers 客戶合同收入總額
+692,746
+211,299,918
+15,402,042 85,545,672 109,659,458
+22,925,816 3,362,461 3,261,847
+(29,550,124)
+211,299,918
+BYD Company Limited
+188
+29,550,124
+Chairman's Statement
+在乘用車領域,本集團於二零二一年之始發佈比亞
+迪汽車全新標識,以更加開放的姿態擁抱汽車工業
+百年變革。高端旗艦車型「漢」打破中國自主品牌中
+大型轎車的多項紀錄,月銷量屢創新高,並通過持
+續OTA升級,為消費者提供了更加豐富便捷的駕乘
+體驗,助力本集團品牌影響力持續擴大。
+比亞迪股份有限公司
+10
+BYD Company Limited
+9
+本集團堅持插電式混動和純電動共同發展,實現了
+「DM-i超級混動」、「刀片電池」和「e平台3.0」技術
+共同發力,助力本集團於年內迎來第100萬輛新能
+源汽車的下線。插電式混動汽車領域,「DM-i超級
+混動」車型「秦PLUS DM-i」、「宋PLUS DM-i」、「唐
+DM-i」和「宋Pro DM-i」等車型一經發佈即迎來訂單
+火爆、供不應求的良好局面,銷量逐月攀升,累計
+未交付訂單屢創出新高。純電動汽車領域,四月,
+本集團旗下新能源純電動乘用車全系換裝具有超級
+安全、超級續航、超級強度等技術創新的「刀片電
+池」,進一步提升產品的獨特競爭力,助力本集團純
+電動乘用車銷量屢創新高。此外,搭載「e平台3.0」
+的「海豚」正式上市,銷量一路攀升。
+本集團作為新能源汽車行業的先行者和引領者,年
+內,通過技術創新與應用,新能源汽車銷量節節攀
+升,全年銷量創下歷史新高,遙遙領跑國內新能源
+汽車市場,並穩居全球前列。
+主席報告書
+In the passenger vehicle sector, with an open attitude, the Group
+released a brand-new logo of BYD automobile at the beginning
+of 2021, to embrace the once-in-a-century reformation of the
+automobile industry. The high-end flagship model of “Han”has
+broken many records for medium and large sedans of Chinese
+brands, with monthly sales repeatedly setting new highs. Through
+continuous OTA upgrade, it has provided consumers with richer
+and more convenient driving experience and contributed to on-
+going expansion of the brand influence of the Group.
+As a pioneer and leader in the new energy vehicle sector,
+throughout the year, the Group has recorded a steady rise in its
+sales of new energy vehicles based on technological innovation
+and application, with annual sales hit a record high. The sales far
+outpaced others in the domestic new energy passenger vehicle
+market, and ranked among the top in the world.
+Board suggested to distribute an ending dividend of RMB0.105
+per share (tax-inclusive).
+截至二零二一年十二月三十一日止年度,本集團營
+業額為人民幣211,300百萬元。母公司擁有人應佔
+溢利為人民幣3,045百萬元,下滑28%,每股盈利為
+人民幣1.06元。董事會建議派發末期股息每股人民
+幣0.105元(含稅)。
+Chairman's Statement
+Annual Report 2021
+二零二一年年報
+For the year ended 31 December 2021, the Group realized
+an operating revenue of RMB211,300 million. The earnings
+attributable to the owners of the parent company were RMB3,045
+million,down 28%, with the earnings per share of RMB1.06. The
+主席報告書
+The Group insists on developing Plug-in Hybrid Electric vehicles
+and Battery Electric vehicle at the same time, it realized the
+joint_development of“DM-i Super Hybrid”,“Blade Batteries” and
+“e- Platform 3.0”technologies, which contributed to the important
+milestone of the Group's 1,000,000th new energy vehicle getting
+off the assembly line during the year. In the field of plug-in hybrid
+vehicles,“DM-i super hybrid" models, including “Qin PLUS DM-
+i”,“Song PLUS DM-i”,“Tang DM-i” and “Song Pro DM-i”,were
+launched together and once released, the orders boomed with the
+demand exceeded the supply. The deliver unites rising month by
+month, while cumulative undelivered orders kept hitting new highs.
+In the field of battery electric vehicles, in April, the full series of
+the Group's new energy battery electric passenger vehicles were
+equipped with "blade batteries", which features the technology
+innovations such as super safety, super traveling range and super
+strength, further enhanced the unique competitiveness of the
+products, hence promote the sales of battery electric vehicles
+of the Group recording new highs. In addition, the “Dolphin”
+equipped with “e-platform 3.0” was officially launched, and its
+sales volume had been on the rise.
+In order to meet the market trend and satisfy the diversified needs
+of consumers, in November, the“Marine”was officially launched.
+Centered with the consumption habits of younger generations, the
+Group reaches more customers as an integrated sales network,
+therefore to satisfy more diversified consumption needs of the
+targeted customer base.
+為順應市場發展趨勢,滿足消費者多元化的消費需
+求,十一月,「海洋網」正式發佈,作為本集團旗下
+的綜合型銷售網絡,從年輕消費者的習慣出發,主
+動延伸用戶觸點,以滿足目標客群更加多元化的消
+費需求。
+In 2021, the Group continued to actively promote the
+market-oriented development process. Its subsidiary BYD
+Semiconductor's spin-off underwent steady progress. The spin-
+off will help BYD Semiconductor form a solid foundation for
+its becoming of an efficient, intelligent, and integrated new
+semiconductor supplier.
+Rechargeable Batteries and Photovoltaic Business
+a year-on-year increase of 63.5%. With the trend of remote work
+continued, the demand for online entertainment remained robust,
+and the sales of intelligent products such as notebook computers,
+tablet computers and game hardware remained brisk. According
+to the latest data from IDC, in 2021, the shipment of the global
+PC market exceeded 349 million units, scaling a new high since
+2012 and representing a year-on-year increase of 14.8%; and that
+of the global tablet computers reached 169 million units, pointing
+to a huge scale of the overall market. With respect to domestic
+smart home equipment market, which is still in its infancy, the
+penetration rate, though being low for the moment, is growing at
+a rapid pace. According to the statistics from IDC in 2021,the
+shipment of China's PC market would reach_230 million_units, a
+14.6% increase over the same period of last year.
+REV
+Management Discussion and Analysis
+管理層討論與分析
+比亞迪股份有限公司
+16
+BYD Company Limited
+二零二一年,全球智能手機季度出貨量同比增速呈
+現前高後低的形態,5G繼續成為手機市場的拉動力
+量。根據市場研究機構IDC統計,二零二一年全球
+智能手機出貨量同比增長5.7%至13.5億部,但整體
+漲勢較上半年19.4%的增速有所放緩。中國信息通
+信研究院發表的數據顯示,二零二一年國內手機市
+場整體出貨量保持快速增長達3.51億部,同比增長
+13.9%,其中5G手機出貨量為2.66億部,同比增長
+63.5%。遠程辦工趨勢持續,在線娛樂需求不減,
+筆記本電腦、平板電腦、遊戲硬件等智能產品銷量
+維持一定熱度。根據IDC公布的最新資料,二零二
+手機部件及組裝業務
+為了進一步推動新能源汽車產業的可持續和高質量
+發展,一月,四部委聯合發佈的《關於進一步完善新
+能源汽車推廣應用財政補貼政策的通知》正式實施,
+補貼平穩退坡繼續得到落實,保持了透明性、可預
+見性和延續性,為新能源汽車行業的發展創造了穩
+定的政策環境;同時,五部委聯合發佈的《關於修改
+〈乘用車企業平均燃料消耗量與新能源汽車積分並行
+管理辦法>的决定》亦正式施行,新版雙積分政策趨
+嚴,進一步加速產業結構調整及轉型升級;在「二零
+三零年碳達峰,二零六零年碳中和」目標下,七月,
+中央政治局會議要求,要挖掘國內市場潛力,支持
+新能源汽車加快發展;九月,國家發改委印發《完善
+能源消費強度和總量雙控制度方案》,明確了推動能
+源清潔低碳安全高效利用的方針。
+In 2021,the year-on-year growth rate of quarterly shipment of
+global smart phones moved from high to low, and 5G continued
+to be the growth driver of the mobile phone market. According
+to the statistics from IDC, a market research institute, in 2021,
+the shipment of global smart phones increased by 5.7% to
+1,350 million units year on year. However, the overall rise was
+slower than the growth rate of 19.4% in the first half of the
+year. According to the data released by the China Academy
+of Information and Communications Technology,in 2021,the
+shipment of domestic smart phones reached 351 million units,
+representing a fast year-on-year growth of 13.9%; in particular, the
+shipment of 5G smart phones was 266 million units, representing
+In 2021, along with the recovery of the global economy, the global
+consumer electronic sales recorded a slight increase year-on-
+year, boosting the demand for upstream batteries on the market.
+In the field of photovoltaics, energy saving and emission reduction
+has become a global consensus, building a favorable environment
+for the industry development therefore promote a steady increment
+of global photovoltaics installation in 2021. In particular, under the
+general background of the “dual-carbon” strategic target in China,
+benefit from the continuous policy support, the photovoltaics
+application has been scaled out. Meanwhile, leveraging on the
+upwind of great development of new energy, the energy storage
+industry achieved a significant growth.
+Handset Components and Assembly Business
+Management Discussion and Analysis
+管理層討論與分析
+15
+Annual Report 2021
+二零二一年年報
+在疫情反覆、內需不足和供應鏈緊張的背景下,中
+國汽車工業逆勢實現了正增長。根據中國汽車工業
+協會的數據,二零二一年全年中國汽車產銷量分別
+為2,608.2萬輛和2,627.5萬輛,結束了自2018年
+以來連續三年的下降局面,同比小幅增長3.4%和
+3.8%。其中,新能源汽車市場呈現出爆發式增長,
+全年產銷量分別為354.5萬輛和352.1萬輛,同比
+均增長約1.6倍,全年滲透率大幅攀升八個百分點
+至13.4%,十二月單月滲透率更高達19.1%。中國
+新能源汽車行業已經從政策驅動轉向市場拉動的新
+階段,呈現出市場規模和質量雙提升的良好發展態
+勢。此外,中國新能源汽車產業快速發展,逐步成
+為全球汽車產業電動化進程的重要引擎及創新高
+地。自主品牌強勢崛起,產品供給豐富多樣,市場
+份額顯著增加,供應鏈和產業鏈亦進一步完善並形
+成優勢,重塑汽車工業發展新格局。同期,歐洲新
+能源汽車市場出現了井噴式增長,而美國作為新能
+源汽車的主要市場之一也表現了極強的發展潛質。
+二零二一年全球疫情持續反覆,國際環境更趨複雜
+嚴峻,全球經濟在風險與挑戰下艱難復蘇。其中,
+中國疫情常態化防控處於全球領先地位,經濟發展
+展現出更強的韌性及活力,外資外貿持續景氣,新
+舊動能轉換加速,高新技術產業持續向好,實現了
+「十四五」的良好開局。但受疫情反覆、大宗商品價
+格上漲等多方面影響,中國宏觀經濟下行的壓力自
+二季度開始加大,消費和投資均表現疲弱,經濟復
+蘇進程放緩。據國家統計局公布的數據顯示,二零
+二一年全年國內生產總值同比增長8.1%。總體上,
+全年經濟呈現出「前高後低」、「結構分化」和「壓力
+加劇」的運行特徵。
+汽車業務
+行業分析及回顧
+In the same period, the European new energy vehicle market
+experienced a blowout growth, while the United States, one
+of the main new energy vehicle markets, also showed strong
+development potential.
+Against the background of repeated pandemic, insufficient
+domestic demand and constrained supply chain, China's
+automobile industry has achieved positive growth. According
+to the statistics from the China Association of Automobile
+Manufacturers, China's automobile production and sales volume
+in 2021 were 26.082 million units and 26.275 million units,
+respectively, put an end to the three-year decline since 2018, with
+a slight year-on-year increase of 3.4% and 3.8%. Among them, the
+market of new energy vehicle showed explosive growth. In 2021,
+the annual production and sales volume of new energy vehicle
+were 3.545 million units and 3.521 million units respectively,with
+a year-on-year increase of approximately 1.6 times. The annual
+penetration rate rose significantly by 8 percentage to 13.4%,and
+the penetration rate in December was as high as 19.1%. China's
+new energy vehicle industry has developed from policy-driven
+to the new stage of market-driven, showing a good developing
+trend of both market scale and quality. In addition, China's
+new energy vehicle industry developed rapidly and gradually
+became an important engine and innovation highland in the
+electrification progress of the global automobile industry. With
+strong rise of self-owned brands, product supply has become
+rich and diverse, therefore promote the market share increased
+significantly. Moreover, the supply chain and industrial chain also
+further improved, which has become the advantage for the whole
+industry, hence reshaped the automobile industry structure.
+In 2021, the COVID-19 pandemic continuously recurred globally.
+The international environment became more complex and severe,
+and the global economy struggled to recover under risk and
+challenge. Among them, China's normalized pandemic prevention
+and control was in a leading position over the world, and its
+economic development has shown greater resilience and vitality.
+Foreign investment and trade continued to boom, the transition
+from old economic engines to new has accelerated, and the high-
+tech industry has continued to progress well, representing a good
+beginning of the “14th Five-Year Plan”. However, affected by the
+recurrence of the COVID-19, the rising prices of commodities and
+other aspects, the downward pressure on China's macro economy
+had enhanced since the second quarter. Both consumption and
+investment were weak, and the process of economic recovery
+slowed down. According to the data released by the National
+Bureau of Statistics, the annual GDP in 2021 increased by
+8.1% year-on-year. In general, the economy of the whole year
+is characterized by “high-to-low declining trend”,“structural
+differentiation” and “intensified pressure”.
+Automobile Business
+In order to further promote the sustainable and high quality
+development of the new energy vehicle industry, the "Notice on
+Further Improving the Financial Subsidies for the Promotion and
+Application of New Energy Vehicles", which was jointly issued by
+four ministries and commissions has been formally implemented
+in January. Steady decline of subsidies has been realized with
+transparency, predictability and continuity, creating a stable
+policy environment for the development of the new energy
+vehicle industry; At the same time, the "Decision on Revising the
+Measures for the Parallel Management of the Scores of Average
+Fuel Consumption of Passenger Car Enterprises and New Energy
+Vehicles", jointly issued by five ministries and commissions has
+also been formally implemented. The new dual-scores policy
+has become more stringent, which further accelerated the
+adjustment of industrial structure, help to facilitate transformation
+and upgrading; Under the objectives of the "peak carbon
+dioxide emissions in 2030 and carbon neutrality in 2060", at the
+conference of the Political Bureau of the CPC Central Committee
+in July, it was requested to fully develop the potential of the
+domestic market and support the accelerated development of
+new energy vehicles; In September, the National Development
+and Reform Commission issued the Plan for Improving the Dual
+Control System of Energy Consumption Intensity and Volume,
+which clearly defined the guidelines of the promotion of clean,
+low-carbon, safe and efficient utilization of energy.
+INDUSTRY ANALYSIS AND REVIEW
+一年,全球PC市場出貨量超過3.49億台,創下二零
+一二年以來的新高,同比增長14.8%;全球平板計
+算機出貨量為1.69億台,整體市場規模依然龐大。
+在國內尚處於發展起步階段的智能家居設備市場,
+目前滲透率較低,但正以快速步伐發展。IDC的數
+據顯示,二零二一年中國出貨量將達2.3億台,同比
+增長14.6%。
+Annual Report 2021
+二零二一年年報
+While the Group continued consolidating its position in the
+domestic new energy passenger vehicle market, it further sped
+up_its internationalization strategy. During the year, the Group's
+new energy vehicles formally entered the European market and
+unveiled around the world, laying a foundation for the Group's
+global strategy.
+同時,本集團堅持插電式混動和純電動共同發展,
+「兩條腿、齊步走」的戰略定力和技術實力,並通過
+加大技術創新與迭代,實現了「DM-i超級混動」、
+「刀片電池」和「e平台3.0」技術共同發力,助力本集
+團於年內迎來第100萬輛新能源汽車的下線。
+年內,「漢」作為本集團引領新一輪車型周期的高端
+旗艦產品,集「安全、性能、豪華」三大標桿於一
+體,自二零二零年七月上市以來銷量屢創新高,開
+創了中國汽車工業中大型轎車月銷破萬的先河,也
+是中國品牌首款年銷破10萬的中大型轎車,並最先
+打破售價20萬以上新能源自主品牌轎車的銷量天花
+板,成功填補了自主品牌在中大型轎車領域熱銷車
+型的空白。期間,「漢」通過持續OTA(Over-The-Air
+technology)升級,增加了RPA(Remote Parking
+Assist)車外自動泊車輔助及保電模式等實用功能,
+實現了車輛自我進化,為消費者提供了更加豐富便
+捷的駕乘體驗。「漢」的持續熱銷體現了本集團優異
+的產品力,並助力本集團品牌影響力持續擴大。
+在新能源乘用車領域,本集團為展現與時俱進的品
+牌理念,於二零二一年之始發佈比亞迪汽車全新標
+識,以更加開放的姿態擁抱汽車工業百年變革,努
+力走出一條從自主創新到全面開放創新之路,打造
+全新價值的汽車品牌。
+At the same time, the Group insists on developing Plug-in Hybrid
+Electric vehicles and Battery Electric vehicle at the same time.
+By improving and iterating the innovation of technology, BYD
+realized the joint development of "DM-i Super Hybrid", "Blade
+Batteries” and “e-Platform 3.0” technologies, which contributed
+to the important milestone of the Group's 1,000,000th new energy
+vehicle getting off the assembly line during the year.
+large sedan in China's automobile industry to exceed 10,000
+units. It is also the first self-owned brand of new energy vehicle
+to sell more than 100,000 medium/large sedan per year, and the
+first to break the glass ceiling of new energy vehicles of domestic
+brands that priced higher than RMB200,000, successfully filling
+the gap of self-owned brands in the hot selling models in the field
+of medium/large sedan. During the period,through continuous
+OTA(Over-The-Air technology)upgrading,“Han”has added
+practical functions such as RPA (Remote Parking Assist) external
+automatic parking assist and power saving mode, realizing
+vehicle self-evolution and providing consumers with a richer and
+more convenient driving experience. The continuous hot sales of
+"Han" reflect the Group's excellent product strength and help the
+Group's brand influence continue to expand.
+During the year, “Han”, as the Group's high-end flagship
+product, leaded a new round of model cycle. "Han" integrates
+the characteristics of “safety,performance and luxury”. Since
+its launch in July 2020, the sales volume has repeatedly hit all-
+time highs, creating a precedent for the monthly sales of medium/
+In the field of new energy passenger vehicles, to show the brand
+concept of advance with the times, the Group released a brand-
+new logo of BYD automobile at the beginning of 2021 to embrace
+the once-in-a-century reforms of the automobile industry in a more
+open attitude, embark on a path from independent innovation to
+comprehensive open innovation, and build an automobile brand of
+brand-new value.
+管理層討論與分析
+Management Discussion and Analysis
+比亞迪股份有限公司
+二零二一年,伴隨全球經濟的復蘇趨勢,全球消費
+類電子產品銷量同比略有提升,帶動市場對上游電
+池需求增加。光伏領域,節能減排成為全球共識,
+為行業發展營造良好環境,二零二一年全球光���装
+機量穩步提升。其中,在國內「雙碳」戰略目標大背
+景下,政策層面持續助力,光伏應用規模擴大。同
+時,儲能行業乘借新能源大發展的勢頭亦增速明顯。
+18
+比亞迪作為新能源汽車行業的先行者和引領者,秉
+持着「技術為王、創新為本」的發展理念,精準定位
+市場、持續深耕技術,加速集團全面電動化發展進
+程,為新能源汽車產業進入高質量發展新階段不斷
+加碼,也為實現中國品牌和中國製造的崛起助力。
+二零二一年,比亞迪新能源汽車通過技術創新與應
+用,銷量節節攀升,十二月雖受疫情影響,單月銷
+量仍創下歷史新高。根據中國汽車工業協會公佈的
+數據,二零二一年本集團新能源汽車市場佔有率達
+17.1%,年內增長近8%,銷量遙遙領跑國內新能源
+汽車市場,並穩居全球前列,全系產品贏得了消費
+者的青睞,品牌影響力持續擴大。
+汽車業務
+比亞迪股份有限公司(「比亞迪」或「本公司」及其附
+屬公司統稱「本集團」或「集團」)主要經營包括新能
+源汽車、傳統燃油汽車在內的汽車業務,手機部件
+及組裝業務,二次充電電池及光伏業務,並積極利
+用自身技術優勢拓展城市軌道交通及其他業務。於
+二零二一年,本集團實現收入約人民幣211,300百
+萬元,同比增長37.68%,其中汽車、汽車相關產品
+及其他產品業務的收入約人民幣109,659百萬元,
+同比增長33.80%;手機部件、組裝及其他產品業務
+的收入約人民幣85,546百萬元,同比增長44.13%;
+二次充電電池及光伏業務的收入約人民幣15,402百
+萬元,同比增長31.59%。三大業務佔本集團總收入
+的比例分別為51.90%、40.49%和7.29%。
+業務回顧
+As a pioneer and leader in the new energy vehicle industry, BYD
+adheres to the development concept of "Technology-focused
+and Innovation-oriented", accurately locates the target market
+continuously deepen technology development accelerates the
+Group's electrification development process in an all-round
+manner and boosts the new energy vehicle industry enters a
+high-quality developing stage. In 2021, through technological
+innovation and application, the sales volume of BYD's new
+energy vehicle increased continuously. Although affected by the
+COIVD-19 in December, the per month sales still hit a record
+high. According to the statistics from the China Association of
+Automobile Manufacturers, the Group's market share of new
+energy vehicles amounted to 17.1% in 2021, representing an
+increase of nearly 8% within the year. The sales volume of BYD is
+in the leading position of the domestic new energy vehicle market,
+and tops the global rankings. The consumers have demonstrated
+strong preference toward the Group's whole series of products,
+which further enhanced the brand influence.
+Automobiles Business
+BYD Company Limited (“BYD” or “the Company”together with its
+subsidiaries, "the Group") is principally engaged in automobile
+business which includes new energy vehicles and traditional fuel-
+engined vehicles, handset components and assembly services,
+as well as rechargeable battery and photovoltaics business.
+Meanwhile, with its technological superiority, the Group actively
+develops urban rail transportation business segment. In 2021, the
+Group recorded a revenue of approximately RMB211,300 million,
+representing a year-on-year increase of 37.68%,among which,
+the revenue from the automobiles and related products, and
+other products amounted to approximately RMB109,659 million,
+representing a year-on-year increase of 33.80%; the revenue from
+the handset components, assembly service and other products
+amounted to approximately RMB85,546 million, representing
+a year-on-year increase of 44.13%;and the revenue from the
+rechargeable batteries and photovoltaics business amounted to
+approximately RMB15,402 million, representing a year-on year
+increase of 31.59%.These three business segments accounted
+for approximately 51.90%,40.49% and 7.29% of the Group's total
+revenue, respectively.
+BUSINESS REVIEW
+17
+管理層討論與分析
+Management Discussion and Analysis
+BYD Company Limited
+管理層討論與分析
+二次充電電池及光伏業務
+比亞迪股份有限公司
+BYD Company Limited
+12
+在汽車領域,本集團將積極把握發展機遇,堅持技
+術創新,積極探索智能化,推出具有市場競爭力的
+產品並穩步提升品牌影響力,肩負起中國新能源汽
+車品牌向上發展的責任與使命。
+展望二零二二年,根據中央經濟工作會議要求,「穩
+字當頭、穩中求進」將是貫穿全年的主旋律,助力經
+濟逐步從外需拉動向內需驅動轉換,從而對汽車消
+費起到良好的支撐作用。
+二次充電電池業務於年內穩步增長。同時,本集團
+積極整合光伏業務,為行業快速發展做好準備。
+and mission of driving the upward development of Chinese new
+energy vehicle brands.
+In terms of automobile, the Group will actively seize the
+developing opportunities, insist on technological innovation,
+actively explore intellectualization, launch competitive products
+and enhance its brand influence, thus fulfilling the responsibility
+Looking forward to 2022, as required by the Central Economic
+Work Conference "make economic stability our top priority and
+pursue progress while ensuring stability" will be the theme
+throughout the year, pave the way for economy to transform from
+external demand driven to domestic demand driven, so as to
+provide strong support for automobile consumption.
+The rechargeable battery business grew steadily during the year.
+At the same time, the Group actively integrates the photovoltaics
+business to prepare for the rapid development of the industry.
+本集團積極響應國家「雙碳」政策,充分發揮在新
+能源領域的獨特優勢,推出新能源汽車、光伏、儲
+能、「雲軌」及「雲巴」等綜合綠色解決方案並不斷挖
+掘本集團自身節能減排潛力,爭做綠色製造的標桿
+企業。此外,本集團積極承擔社會責任,面對自然
+災害及反覆的疫情,本集團不僅通過捐款、捐贈防
+疫物資的方式進行助力,更是結合自身業務特點,
+開放鄭州市4S店作為強降雨時的應急避難場所,還
+將綠色科技融入醫療服務,支持疫情防控工作。
+research and development capabilities, accumulated advantages
+in rapid and mass production and customer resources, as well
+as a diversified product portfolio. During the year, the Group
+achieved flourishing development in the new intelligent product
+business segment and continued to make breakthroughs in
+automotive intelligent systems. Despite the shortage of chips in
+the industry and weak domestic demand, the Group achieved
+rapid growth in sales volume.
+比亞迪股份有限公司
+In the area of handset components and assemblies, the Group is
+a global leader in smart phones and other smart terminals, and
+achieves steady business growth based on its industry-leading
+主席報告書
+Chairman's Statement
+11
+Annual Report 2021
+二零二一年年報
+年內,伴隨著新能源汽車行業的爆發,本集團精準
+把握發行窗口期,成功完成合計近438億港元的新H
+股閃電配售,吸引了全球眾多頂級長線、主權基金
+參與,為本集團資本結構和財務結構進一步優化提
+供良機。
+對外合作方面,本集團繼續以戰略投資為紐帶實現
+產業賦能,加速打造產業生態,實現合作共贏。
+二零二一年,本集團繼續積極推進市場化發展進
+程,旗下子公司比亞迪半導體分拆上市進程穩步推
+進。分拆上市將為比亞迪半導體成為高效、智能、
+集成的新型半導體供應商打下堅實基礎。
+在不斷鞏固國內新能源乘用車市場地位的同時,本
+集團國際化戰略再提速。年內,本集團新能源乘用
+車正式佈局歐洲市場並於全球範圍內多次亮相,為
+本集團全球化佈局打下基礎。
+During the year, with the burst of new energy vehicle industry, the
+Group successfully completed lightning placements which raised
+an aggregate gross proceeds of nearly HK$43.8 billion of new
+H shares by accurately grasping the window period of issuance,
+attracting many top long-term and sovereign funds in the world,
+and providing a good opportunity to further optimize the Group's
+capital and financial structure.
+Management Discussion and Analysis
+In terms of external cooperation, the Group continued to use
+strategic investment as an approach to achieve industrial
+empowerment, therefore, accelerate the development of industry's
+ecosystem, which help to forge a win-win cooperation.
+Responded positively to "Dual-Carbon" by giving full play to
+its unique advantages in the field of new energy, the Group
+launched comprehensive green solutions including new energy
+vehicle,photovoltaics, energy storage, SkyRail and SkyShuttle,
+continuously explored its own potentials of energy saving and
+emission reduction, therefore, strived to become the benchmark
+enterprise in green manufacturing. In addition, Facing with the
+natural disaster and recurring pandemic, BYD actively shoulders
+the social responsibility, not only did it make contribution by
+funding and donating epidemic prevention materials, but it also
+combine its business feature, open all the Automobile Sales
+Servicshop(the “4S shop") in Zhengzhou as emergency shelters
+during heavy rainfall at the hard times. Moreover, it integrated
+technologies into healthcare services to provide more reliable,
+powerful and green support for the prevention and control of the
+pandemic.
+Chairman's Statement
+手機部件及組裝領域,本集團是全球領先的智能手
+機及其他智能終端的領導者,依托於業界領先的研
+發實力、積累快速規模化生產及客戶優勢,以及多
+元的產品組合,實現業務持續穩步發展。年內,新
+型智能產品板塊業務蓬勃發展,汽車智能系統持
+續突破,儘管在行業芯片短缺及內需疲軟的大環境
+下,本集團的銷售規模仍實現高速增長。
+13
+14
+BYD Company Limited
+主席報告書
+中國深圳,二零二二年三月二十九日
+Shenzhen, the PRC, 29 March 2022
+王傳福
+主席
+最後,本人謹代表本集團感謝各位忠誠客戶一直以
+來的支持及厚愛,同時亦感激各位業務夥伴、投資
+者及股東的信任,並對全體員工在過去一年堅守崗
+位,默默耕耘和奉獻致以衷心感謝。本集團將繼往
+開來,與時俱進,把握行業機遇,發揮自身優勢,
+致力推進本集團的長期可持續發展,為股東創優增
+值。
+Chairman
+Wang Chuan-fu
+Lastly, on behalf of the Group, I would like to express sincere
+gratitude to our loyal customers for their persistent support. I
+also give my heartfelt thanks to all business partners, investors
+and shareholders for their trust. Besides, I would like to present
+my heartfelt gratitude to all staff for their consistent hard work,
+sacrifice and contribution in the past year. the Group will build on
+past achievements and keep pace with the times, seize market
+opportunities and leverage its own advantages to promote the
+long-term healthy development of the Group, therefore, maximize
+returns for shareholders.
+In the future, BYD will dive deeper in technology innovation,
+so as to increase the independency and controllability over
+core technologies, launch more high-quality products, help
+achieve the goal of “Dual-Carbon", provide diversified green
+integrated solutions for urban development as well as promote
+the development of a low-carbon society. Meanwhile, BYD will
+actively promote the market-oriented strategy, build an ecosystem
+of industry win-win cooperation, and realize prolonged prosperity
+and sustainable growth of the Group, therefore, make the Group a
+century-old industrial enterprise in China.
+主席報告書
+未來,本集團將繼續深耕,堅持技術創新和核心技
+術自主可控,推出更多優質產品,助力「雙碳」目標
+的推進,為城市發展提供多元化的綠色整體解決方
+案,促進低碳社會發展。同時,積極推進本集團市
+場化戰略,構建產業合作共贏生態,實現集團的長
+久繁榮和基業長青,將本集團打造成中國工業的百
+年企業。
+Combined with its own business characteristics, the Group
+will continue to develop in the core areas of the upstream and
+downstream of the industrial chain through strategic investment,
+empower each other, and help to accelerate the Group's
+marketization process.
+Annual Report 2021
+二零二一年年報
+二次充電電池方面,本集團將積極推進新技術應
+用,拓展客戶基礎,推動相關產品市場份額的持續
+提升。光伏業務方面,本集團將緊抓行業發展契
+機,着力推動產品轉型升級及技術突破,以全新起
+點來迎接全新爆發性增長機遇。
+手機部件及組裝業務方面,本集團繼續技術積累為
+遠期成長空間提供持久驅動力,穩居安卓領域龍頭
+地位的同時,繼續深挖北美大客戶核心產品業務機
+會,為未來的營收增長爆發奠定堅實的基礎。另一
+方面,5G及人工智能技術融合為新型智能產品及汽
+車智能系統市場迎來跨越發展窗口期,本集團前期
+佈局的智能家居、物聯網、無人機、機器人、電子
+霧化等多個領域將借勢突破,預期實現持續高速增
+長。隨著汽車行業加速革新,利好政策接連出台,
+汽車智能系統業務規模未來成長可期。
+本集團將結合自身業務特點,持續通過戰略投資在
+產業鏈上下游核心領域進行佈局,與產業鏈上下游
+合作夥伴相互賦能,助力本集團市場化進程。
+本集團持續深化市場化佈局,一方面將穩步推進比
+亞迪半導體上市相關工作,另一方面將著手培育更
+多具有市場競爭力的業務板塊,實現市場化運營,
+進一步釋放各業務的發展潛力,提升集團整體價值。
+In terms of rechargeable batteries, the Group will actively promote
+the application of the new technologies, expand its customer
+base and promote continuous increments of market shares of
+relevant products. In terms of photovoltaics business, the Group
+will seize the opportunities brought by industry development
+and concentrate on product transformation, upgrades as well
+as technological breakthroughs, to embrace the new explosive
+growth opportunities at a new starting point.
+In terms of handset components and assembly business,
+the Group continues to accumulate technology to provide a
+sustainable driver for the long-term growth potential. While
+maintaining its leading position in the Android field, the Group will
+continue to go deep into the core product business opportunities
+from major customers in North America to lay a solid foundation
+for the explosive revenue growth in the future. On the other hand,
+the integration of 5G and artificial intelligence technology has
+ushered in a window phase of span development for the market
+of new intelligent products and the automotive intelligent system.
+The Group will take advantage from the momentum to make
+breakthroughs in various segments such as smart homes, Internet
+of Things, unmanned aerial vehicles, robots and electronic
+atomization arranged in the early stage. It is expected to achieve
+sustained and rapid growth. With the automotive industry
+accelerating its innovation and the successive introduction of
+favorable policies, the business scale of automotive intelligent
+system promises potential growth in the future.
+Chairman's Statement
+competitiveness to realize marketization operation. Therefore,
+further release the development potential of each business, and
+enhance the overall value of the Group.
+The Group continues to deepen its marketization strategy. On
+the one hand, the Group will steadily promote the work related
+to the listing of BYD Semiconductor, on the other hand, it will
+embark on incubating more business segments with strong market
+11,656
+10,817
+61
+62
+退休金計劃供款
+Salaries, allowances and benefits in kind
+11,595
+10,755
+薪金、津貼及非現金利益
+11,817
+其他酬金:
+Pension scheme contributions
+12,656
+(a)
+197
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+9. DIRECTORS' AND SUPERVISORS' 9.
+REMUNERATION (CONTINUED)
+There were no discretionary bonuses or compensation paid
+for loss of office or as inducement to join the Company for
+directors and supervisors during the year (2020: Nil).
+董事及監事薪酬(續)
+於本年度,概無向董事及監事支付款項,以
+作為彼等離職或吸引彼等加入本公司之酌情
+花紅或補償(二零二零年:無)。
+(a)
+Other emoluments:
+Independent non-executive directors
+Annual Report 2021
+二零二一年年報
+1,000
+9.
+袍金
+獨立非執行董事
+219,869
+票據折現的銀行開支
+523,867
+Less: Interest capitalised
+減:資本化利息
+1,915,357
+3,176,589
+(7,715)
+(52,788)
+1,907,642
+3,123,801
+The average capitalisation rate for the year used to
+determine the amount of borrowing costs eligible for
+capitalisation was 4.09% (2020: 4.93%).
+年內用於釐定借款費用符合資本化的平均資
+本化率為4.09%(二零二零年:4.93%)。
+DIRECTORS' AND SUPERVISORS'
+REMUNERATION
+9.
+董事及監事薪酬
+Directors' and supervisors' remuneration for the year,
+disclosed pursuant to the Listing Rules, section 383(1)(a),
+(b),(c) and (f) of the Hong Kong Companies Ordinance
+and Part 2 of the Companies (Disclosure of Information
+about Benefits of Directors) Regulation, is as follows:
+根據上市規則、香港公司條例第383(1)(a)、
+(b)、(c)及(f)條及公司(披露董事利益資料)
+規例第2部,本年度董事及監事的薪酬披露
+如下:
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Fees
+1,000
+The fees paid to independent non-executive
+王子冬先生於二零二零年九月
+八日離任董事一職。其二零二
+零年的薪酬涵蓋一月一日至九
+月八日期間。
+於本年度支付予獨立非執行董事的袍
+金如下:
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+9. DIRECTORS' AND SUPERVISORS' 9. 董事及監事薪酬(續)
+REMUNERATION (CONTINUED)
+(a)
+Independent non-executive directors
+(continued)
+Ms. Zhang Ran resigned as the director
+on 8 September 2020. Her remuneration of
+2020 covered the period from 1 January to 8
+September.
+Mr. Wang Zi-dong resigned as the director
+on 8 September 2020. His remuneration of
+2020 covered the period from 1 January to 8
+September.
+Mr.Zou Fei resigned as the director on 8
+September 2020.His remuneration of 2020
+covered the period from 1 January to 8
+September.
+Mr. Cai Hong Ping was appointed as the
+director on 8 September 2020. His remuneration
+of 2020 covered the period from 9 September to
+31 December.
+Mr. Zhang Min was appointed as the director
+on 8 September 2020. His remuneration of 2020
+covered the period from 9 September to 31
+December.
+Mr. Jiang Yan Bo was appointed as the director
+on 8 September 2020. His remuneration of 2020
+covered the period from 9 September to 31
+December.
+(a) 獨立非執行董事(續)
+***
+張然女士於二零二零年九月八
+日離任董事一職。其二零二零
+年的薪酬涵蓋一月一日至九月
+八日期間。
+鄒飛先生於二零二零年九月八
+日離任董事一職。其二零二零
+年的薪酬涵蓋一月一日至九月
+八日期間。
+蔡洪平先生於二零二零年九月
+八日獲委任為董事。其二零二
+零年的薪酬涵蓋九月九日至十
+二月三十一日期間。
+張敏先生於二零二零年九月八
+日獲委任為董事。其二零二零
+年的薪酬涵蓋九月九日至十二
+月三十一日期間。
+蔣岩波先生於二零二零年九月
+八日獲委任為董事。其二零二
+零年的薪酬涵蓋九月九日至十
+二月三十一日期間。
+(b)
+Bank charges for discounted notes
+198
+directors during the year are as follows:
+BYD Company Limited
+600
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Ms. Zhang Ran*
+Mr. Wang Zi-dong**
+張然女士*
+138
+Mr. Zou Fei***
+王子冬先生**
+鄒飛先生***
+138
+138
+Mr. Cai Hong Ping****
+蔡洪平先生**
+****
+200
+Mr. Zhang Min*****
+張敏先生*
+*****
+200
+Mr. Jiang Yan Bo*******
+蔣岩波先生
+200
+62 62 62
+There were no other emoluments payable to the
+independent non-executive directors during the year
+(2020: Nil).
+600
+於本年度概無其他支付予獨立非執行
+董事的酬金(二零二零年:無)。
+56,422
+此項指本集團附屬公司就開發汽車項目
+自政府獲得的補貼,補貼收入於相關資
+產的預計可使用年期轉撥至溢利。
+2,596,300
+Impairment of trade receivables, net*
+49,907
+(32,550)
+應收長期賬款減值淨額*
+Impairment of long-term receivables, net*
+214,366
+56,479
+合同資產減值淨額*
+Impairment of contract assets, net*
+805,547
+533,324
+匯兌差異淨額
+*****
+和金融工具*
+(131,786)
+(176,344)
+375,662
+112,802
+Foreign exchange differences, net
+and financial instruments**
+*****
+Receipt of derecognition of financial products 收取終止確認金融產品
+Loss on disposal of items of non-current 出售非流動資產項目的虧損
+assets
+RMB'000
+人民幣千元
+二零二零年
+應收貿易賬款減值淨額*
+二零二一年
+RMB'000
+人民幣千元
+408,122
+(Reversal)/impairment losses on receivables
+financing, net*
+的金融資產的虧損
+measured at amortised cost
+299,523
+88,765
+終止確認以攤銷成本計量
+Loss on derecognition of financial assets
+虧損淨額*
+net*
+17,324
+(22,144)
+財務擔保減值(轉回)/
+35,366
+40,490
+應收合營公司及聯營公司
+款項減值淨額*
+(Reversal)/impairment of financial guarantee,
+*
+Impairment of amounts due from joint
+ventures and associates, net
+應收賬款的減值淨額*
+191,932
+44
+330
+(5,888)
+預付款項、按金及其他
+應收款項融資減值
+(轉回)/虧損淨額*
+Impairment of prepayments, deposits and
+other receivables, net*
+648,770
+Notes
+附註
+2020
+2021
+6,350
+核數師酬金
+1,270,066
+1,237,105
+16(c)
+未計入租賃負債計量的
+租賃付款
+10,225,969
+10,577,389
+Auditors' remuneration
+measurement of lease liabilities.
+Lease payments not included in the
+2,761,108
+7,464,861
+7,990,974
+2,586,415
+18
+本年度開支
+遞延開支攤銷
+研究及開發成本:
+Current year expenditure
+Deferred expenditure amortised
+Research and development costs:
+187,061
+93,081
+****
+其他無形資產減值**
+6,350
+僱員福利開支(不包括董事
+及監事酬金(附註9)):
+Employee benefit expense (excluding
+6. 除稅前溢利(續)
+PROFIT BEFORE TAX (CONTINUED)
+6.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+193
+Annual Report 2021
+二零二一年年報
+22,524,580
+29,293,552
+1,093,541
+1,806,407
+Write-down of inventories to net
+退休金計劃供款
+145,841
+405,266
+福利
+74,297
+116,389
+以權益結算的購股開支
+Equity-settled share option expense
+Welfare
+21,210,900
+26,965,490
+工資及薪酬
+Wages and salaries
+directors' and supervisors' remuneration
+(note 9):
+Pension scheme contributions
+撇減存貨至可變現淨值**
+707,703
+499,218
+Shantou BYD's Quality Enterprises from
+(附註(f))
+and promotion reward (note (f))
+113,000
+新能源汽車增產促銷獎勵
+New energy vehicle production increase
+training (note (e))
+189,319
+87,466
+穩崗及培訓補貼(附註(e))
+Subsidies on employee stability and
+94,755
+869,281
+Subsidies on industry development (note (c)) 行業發展補貼(附註(c))
+(note (c))
+10,191
+產業共建扶持基金(附註(c))
+140,093
+77,863
+研發補貼(附註(d))
+與收入相關
+Support fund for industrial co-construction
+Research and development subsidies
+(note (d))
+Related to income
+395,977
+汕頭比亞迪珠三角優質企業轉移
+84,000
+PRD Transfer and Support Funds (note (c))
+扶持資金(附註(c))
+(a)
+附註:
+The items represent corporate R&D subsidies obtained
+by subsidiaries of the Group from the government. The
+same amounts as relevant expenditures incurred during
+the reporting periods were recognised as government
+subsidies in the consolidated statement of profit or
+loss.
+The items represent subsidies obtained by subsidiaries
+of the Group from the government for boosting the
+industry development. The same amounts as relevant
+expenditures incurred during the reporting periods
+were recognised as government subsidies in the
+consolidated statement of profit or loss.
+The items represent subsidies obtained by subsidiaries
+of the Group from the government for the construction
+of iron-powered lithium battery production lines, and the
+subsidy income is released to profit over the expected
+useful life of relevant assets.
+(d)
+(c)
+(b)
+(a) The items represent subsidies obtained by subsidiaries
+of the Group from the government for the development
+of automobile projects, and the subsidy income is
+released to profit over the expected useful life of
+relevant assets.
+Notes:
+政府補助及補貼(續)
+GOVERNMENT GRANTS AND SUBSIDIES 7.
+(CONTINUED)
+376,283
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+195
+Annual Report 2021
+二零二一年年報
+7.
+1,688,142
+2,263,485
+1,292,165
+1,887,202
+744,807
+768,592
+其他
+Others
+財務報表附註
+***
+254,731
+27,048
+計入合併損益表中的「行政開支」。
+計入合併損益表中的「銷售成本」。
+Included in "Administrative expenses" in the
+consolidated statement of profit or loss.
+***
+Included in "Cost of sales" in the consolidated
+statement of profit or loss.
+812,806
+計入合併損益表中的「金融及合同資產
+減值虧損」。
+1,228,609
+36
+68,382
+(47,356)
+contract assets" in the consolidated statement of profit
+or loss.
+Included in "Impairment losses on financial and
+撥備
+Provision
+損益的金融資產
+以公允價值計量並計入
+Financial assets at fair value through
+profit or loss
+9,076
+1,191
+出售附屬公司的損失*
+公允價值(收益)/虧損
+淨額:
+Fair value (gain)/losses, net:
+*****
+Loss on disposal of subsidiaries*
+realisable value**
+Included in "Other expenses" in the consolidated
+statement of profit or loss.
+Included in “Other income and gains” in the
+consolidated statement of profit or loss.
+計入合併損益表中的「其他開支」。
+計入合併損益表中的「其他收入及收
+益」。
+32,690
+插電式乘用車全混合動力系統
+項目(附註(a))
+其他
+Others
+Full hybrid engine system of plug-in vehicle
+projects (note (a))
+39,567
+21,099
+電動汽車電池研發補貼(附註(b))
+Subsidies on research and development
+for batteries of electronic vehicles
+(note (b))
+74,631
+60,878
+長沙汽車園區行業發展基金補貼
+(附註(a))
+Subsidies from the industry development
+fund for Changsha Automobile Zone
+(note (a))
+261,616
+與資產相關
+二零二零年
+RMB'000
+人民幣千元
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+7. 政府補助及補貼
+7. GOVERNMENT GRANTS AND SUBSIDIES
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+194
+BYD Company Limited
+Related to assets
+153,694
+51,267
+18
+2021
+二零二一年
+RMB'000
+人民幣千元
+More than one year
+Within one year
+as revenue:
+Amounts expected to be recognised
+於十二月三十一日分配予餘下履約責
+任(未達成或部分未達成)的交易價
+金額如下:
+remaining performance obligations (unsatisfied
+or partially unsatisfied) as at 31 December are as
+follows:
+The amounts of transaction prices allocated to the
+履約責任(續)
+(ii)
+客戶合同收入(續)
+Revenue from contracts with customers (continued)
+Performance obligations (continued)
+(ii)
+收入、其他收入及收益(續)
+5.
+5. REVENUE, OTHER INCOME AND GAINS
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+190
+BYD Company Limited
+在提供服務的時間內履行履約義務,
+合同價款結算以合同約定為準。
+提供服務
+2020
+二零二零年
+Price
+RMB'000
+人民幣千元
+(ii)
+客戶合同收入(續)
+Revenue from contracts with customers (continued)
+(CONTINUED)
+5. REVENUE, OTHER INCOME AND GAINS 5. 收入、其他收入及收益(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+191
+Annual Report 2021
+二零二一年年報
+8,185,888
+14,721,038
+在提供服務的時間內履行履約義務,
+合同價款通常隨工程進度支付。通常
+客戶保留一定比例的質保金,質保金
+通常在質保期滿後支付,因根據合同
+規定,本集團有權於一定期間內客戶
+信納服務質量後方支付尾款。
+696,003
+一年以上
+7,489,885
+12,955,401
+一年內
+預期將確認為收入的金額:
+(不含税)
+(不含税)
+tax
+tax
+excluding
+excluding
+Price
+1,765,637
+Performance obligations (continued)
+建造服務
+The performance obligation is satisfied over time as
+此項指本集團附屬公司取得政府撥付的
+穩崗及開展培訓的補貼,與報告期間產
+生的在合併損益表中確認為政府補貼的
+相關開支相若。
+The items represent subsidies obtained by subsidiaries
+of the Group from the provincial government for
+increasing the production and promotion of new energy
+vehicles. The same amounts as relevant expenditures
+incurred during the reporting periods were recognised
+as government subsidies in the consolidated statement
+of profit or loss.
+(f)
+此項指本集團附屬公司取得省政府撥付
+的新能源汽車增產促銷的補貼,與報告
+期間產生的在合併損益表中確認為政府
+補貼的相關開支相若。
+BYD Company Limited
+196
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二���二一年十二月三十一日
+8.
+FINANCE COSTS
+8.
+融資成本
+An analysis of finance costs is as follows:
+融資成本分析如下:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Interest on bank and other borrowings
+Interest on lease liabilities
+銀行及其他借款利息
+租賃負債利息
+173,707
+1,627,106
+(e)
+The items represent subsidies obtained by subsidiaries
+of the Group from the government for maintaining
+employee stability and conducting training. The same
+amounts as relevant expenditures incurred during the
+reporting periods were recognised as government
+subsidies in the consolidated statement of profit or
+loss.
+(f)
+(e)
+Rendering of services
+The performance obligation is satisfied over time
+as services are rendered and are billed based on
+construction progress. A certain percentage of
+payment is retained by customers until the end of
+the retention period as the Group's entitlement to
+the final payment is conditional on the satisfaction of
+the service quality by the customers over a certain
+period as stipulated in the contracts.
+Construction services
+履約責任於交付商品後達成。部分合
+同向客戶提供回扣,因而導致可變代
+價(須受限制)。
+銷售商品
+The performance obligation is satisfied upon
+delivery of goods. Some contracts provide
+customers with rebates which give rise to variable
+consideration subject to constraint.
+Sale of goods
+有關本集團履約責任的資料概述如
+下:
+Information about the Group's performance
+obligations is summarised below:
+履約責任
+(ii)
+Performance obligations
+services are rendered and are billed based on the
+agreements of contracts.
+(ii)
+Revenue from contracts with customers (continued)
+(CONTINUED)
+5. REVENUE, OTHER INCOME AND GAINS 5. 收入、其他收入及收益(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+189
+Annual Report 2021
+二零二一年年報
+(C)
+此項指本集團附屬公司就推動行業發展
+自政府獲得的補貼。與報告期間產生的
+在合併損益表中確認為政府補貼的相關
+開支相若。
+(d)
+此項指本集團附屬公司取得政府撥付的
+企業研發資助補貼,與報告期間產生的
+在合併損益表中確認為政府補貼的相關
+開支相若。
+客戶合同收入(續)
+(ii)
+PROFIT BEFORE TAX
+The amounts of transaction prices allocated to the
+remaining performance obligations (unsatisfied
+人民幣千元
+RMB'000
+RMB'000
+人民幣千元
+附註
+Notes
+二零二零年
+二零二一年
+2020
+2021
+Depreciation of property, plant
+Cost of services provided
+Cost of inventories sold
+本集團除稅前溢利乃扣除/(計入)下列各項
+後計算:
+The Group's profit before tax is arrived at after charging/
+(crediting):
+除稅前溢利
+6.
+此項指本集團附屬公司就建設鐵鋰電池
+生產線自政府獲得的補貼,補貼收入於
+相關資產的預計可使用年期轉撥至溢
+利。
+6.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+192
+BYD Company Limited
+銷售存貨的成本
+186,884,365
+125,636,627
+提供服務的成本
+履約責任(續)
+328,265
+攤銷非開發成本的其他
+無形資產*,
+441,051
+16(a)
+使用權資產折舊
+Impairment of other intangible assets****
+other than development costs***
+Depreciation of right-of-use assets
+and equipment****
+Amortisation of other intangible assets
+5,885
+593,493
+212
+2,574
+15 14
+****
+物業、廠房及設備減值**
+Impairment of property, plant
+投資物業折舊
+Depreciation of investment properties
+and equipment
+9,272,924
+89,748
+75,289
+10,904,635
+14
+2,685
+1,419,429
+物業、廠房及設備折舊
+出售合營公司的收益
+26,122
+23,448
+來自投資物業經營租賃的租金收入
+Rental income from operating leases
+of investment properties
+租賃租金收入:
+Rental income from leases:
+170,220
+274,377
+來自供應商的罰金
+Penalty from suppliers
+209,830
+175,920
+Other rental income from operating
+leases
+631,841
+銀行利息收入
+其他收入
+Service income
+Bank interest income
+Other income
+RMB'000
+人民幣千元
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+48
+or partially unsatisfied) as at 31 December are as
+follows:
+於十二月三十一日分配予餘下履約責
+任(未達成或部分未達成)的交易價
+金額如下:
+服務收入
+來自經營租賃的其他租金收入
+214,613
+116,995
+Gain on disposal of joint ventures
+and materials
+593,445
+1,419,429
+128,243
+出售廢料及物料收益
+Gain on disposal of scrap
+收益
+Gains
+1,590,308
+278,013
+328,286
+77,666
+25,960
+1,106,585
+其他
+Dividend income from equity
+investments at fair value through
+151,691
+143,117
+2,233
+以公允價值計量並計入其他綜合
+收益的權益投資的股息收入
+other comprehensive income
+Income from the disposal of derivative 處置衍生金融工具收入
+financial instruments
+Others
+13,126
+Salaries,
+contributions
+allowances
+Pension
+and benefits
+Fees
+Total
+in kind
+薪金、津貼
+及非現金利益
+RMB'000
+人民幣千元
+2020
+二零二零年
+袍金
+RMB'000
+人民幣千元
+執行董事、非執行董事及監事(續)
+scheme
+(b)
+200
+(b)
+董事及監事薪酬(續)
+9. DIRECTORS' AND SUPERVISORS' 9.
+REMUNERATION (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+BYD Company Limited
+11,217
+83
+10,734
+remuneration
+400
+Executive director, non-executive directors
+and supervisors (continued)
+退休金
+計劃供款
+RMB'000
+人民幣千元
+楊冬生先生
+RMB'000
+人民幣千元
+913
+3,499
+黃江鋒先生
+Mr. Huang Jiang-feng
+李永釗先生
+Mr. Li Yong-zhao
+Mr. Yang Dong-sheng
+董俊卿先生
+王珍女士
+監事:
+200
+200
+200
+夏佐全先生
+酬金總額
+Mr. Dong Jun-qing
+Supervisors:
+Mr. Xia Zuo-quan
+200
+呂向陽先生
+Mr. Lv Xiang-yang
+非執行董事:
+Non-executive directors:
+5,336
+21
+5,315
+王傳福先生
+Mr. Wang Chuan-fu
+執行董事:
+Executive director:
+Ms. Wang Zhen
+21
+scheme
+100
+5,798
+28
+5,770
+王傳福先生
+Mr. Wang Chuan-fu
+執行董事:
+Executive director:
+RMB'000
+人民幣千元
+酬金總額
+remuneration
+contributions
+退休金
+計劃供款
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+in kind
+薪金、津貼
+及非現金利益
+袍金
+RMB'000
+人民幣千元
+Non-executive directors:
+二零二一年
+Fees
+Total
+100
+and benefits
+Pension
+allowances
+Salaries,
+(b) 執行董事、非執行董事及監事
+Executive director, non-executive directors
+and supervisors
+(b)
+9. DIRECTORS' AND SUPERVISORS' 9. 董事及監事薪酬(續)
+REMUNERATION (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+2021
+非執行董事:
+Mr. Lv Xiang-yang
+呂向陽先生
+100
+100
+100
+632
+626
+100
+100
+3,174
+28
+3,146
+││││
+唐梅女士**
+Ms. Tang Mei**
+黃江鋒先生
+Mr. Huang Jiang-feng
+李永釗先生
+Mr. Li Yong-zhao
+200
+夏佐全先生
+200
+200
+200
+Mr. Xia Zuo-quan
+892
+Supervisors:
+Mr. Dong Jun-qing
+監事:
+王珍女士
+董俊卿先生
+Mr. Yang Dong-sheng*
+楊冬生先生*
+Ms. Wang Zhen
+2,481
+||21||-||
+100
+99,383
+本年度支出
+本年度 - 其他地區
+658,920
+438,360
+本年度支出
+本年度-中國內地
+Current Mainland China
+14,786
+本年度支出
+本年度 - 香港
+Charge for the year
+-
+Current Elsewhere
+109,814
+Charge for the year
+-
+Current Hong Kong
+人民幣千元
+RMB'000
+2020
+二零二零年
+2021
+二零二一年
+RMB'000
+人民幣千元
+於中國內地經營的若干附屬公司均獲准遵循
+西部大開發政策而有權於年內享有15%的企
+業所得稅扣減。該等附屬公司須每年根據國
+家稅務總局規定保留資料作記錄,以享有經
+調減企業所得稅率。
+於中國內地經營的若干附屬公司均確認屬高
+新技術企業(「高新技術企業」),並有權於年
+內享有15%的企業所得稅扣減。高新技術企
+業證書須每三年續期,以使該等附屬公司有
+權享有15%的企業所得稅扣減。
+根據相關所得稅法,年內,中國附屬公司須
+就其各自的應課稅收入按法定税率25%繳納
+企業所得稅(「企業所得稅」)。
+除本集團內部轉讓中國附屬公司股份的收益
+按10%的稅率計算的預扣稅外,年內於香港
+產生的估計應課稅溢利已按16.5%的税率作
+出香港利得稅撥備。其他地區的應繳利得稅
+已按本集團經營業務所在國家的適用稅率計
+算。
+所得税
+11.
+Certain subsidiaries operating in Mainland China were
+entitled to a reduced CIT rate of 15% for the year pursuant
+to the Western Development Policy. These subsidiaries
+retained records pursuant to the policies by the State
+Taxation Administration so as to be entitled to the reduced
+CIT rate.
+Certain subsidiaries operating in Mainland China were
+approved to be high and new technology enterprises
+(“HNTE”) and were entitled to a reduced CIT rate of 15%.
+The HNTE certificates need to be renewed every three
+years so as to enable those subsidiaries to enjoy the
+reduced CIT rate of 15%.
+Charge for the year
+Under the relevant income tax law, the PRC subsidiaries
+are subject to corporate income tax ("CIT") at a statutory
+rate of 25% on their respective taxable income during the
+year.
+Deferred (note 39)
+(1,792)
+Tax at the statutory tax rate
+%
+6,882,587
+人民幣千元
+%
+RMB'000
+二零二零年
+2020
+4,518,003
+RMB'000
+人民幣千元
+二零二一年
+2021
+除稅前溢利
+Profit before tax
+遞延(附註39)
+按本公司及其大部分附屬公司所在司法權區
+法定税率計算的除稅前溢利適用稅項開支與
+按實際稅率計算的稅項開支的對賬,以及法
+定稅率與實際稅率的對賬如下:
+11.
+A reconciliation of the tax expense applicable to profit
+before tax at the statutory tax rate for the jurisdiction in
+which the Company and the majority of its subsidiaries are
+domiciled to the tax expense at the effective tax rate, and
+a reconciliation of the statutory tax rate to the effective tax
+rate, are as follows:
+INCOME TAX (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+203
+Annual Report 2021
+二零二一年年報
+12.
+11.
+868,624
+550,737
+本年度稅項支出總額
+Total tax charge for the year
+99,890
+所得稅(續)
+100
+Hong Kong profits tax has been provided at the rate
+of 16.5% on the estimated assessable profits arising in
+Hong Kong during the year, except for the withholding tax
+derived at a tax rate of 10% on the gains from transferring
+shares of a PRC subsidiary within the Group. Taxes on
+profits assessable elsewhere have been calculated at the
+tax rates prevailing in the countries in which the Group
+operates.
+二零二一年十二月三十一日
+The five highest paid employees during the year included
+one (2020:nil) director, details of whose remuneration are
+set out in note 9 above. Details of the remuneration for the
+year of the remaining four (2020: five) non-director and
+highest paid employees are as follows:
+五名最高薪酬僱員
+10.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+201
+Annual Report 2021
+二零二一年年報
+10. FIVE HIGHEST PAID EMPLOYEES
+。
+酬涵蓋3月25日至12月31日期
+間
+唐梅女士於2021年3月25日獲
+委任為監事。其於2021年的薪
+covered the period from 25 March to 31
+December.
+Ms. Tang Mei was appointed as the supervisor
+on 25 March 2021. Her remuneration of 2021
+年內五名最高薪酬僱員包含一名(二零二零
+年:零名)董事,其薪酬詳情載於上文附註
+9。年內餘下四名(二零二零年:五名)最高
+薪酬僱員均為非董事,其薪酬詳情如下:
+楊冬生先生於2021年3月29
+日由監事晉升為副總裁。其於
+2021年擔任監事的薪酬涵蓋1
+月1日至3月29日期間。
+2021 covered the period from 1 January to 29
+March.
+2021. His remuneration as the supervisor of
+Mr. Yang Dong-sheng was changed from a
+supervisor to the vice president on 29 March
+or a supervisor waived or agreed to waive any
+remuneration during the year (2020: Nil).
+There was no arrangement under which a director
+12,056
+61
+11,595
+400
+100
+100
+100
+2,499
+3,521
+22 - 8 -
+本年度並無董事或監事放棄或同意
+放棄任何薪酬之安排(二零二零年:
+無)。
+11. INCOME TAX
+2021
+2020
+二零二零年
+RMB'000
+人民幣千元
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+202
+BYD Company Limited
+5
+LO
+21||-|||-
+4
+二零二零年
+二零二一年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+人民幣6,500,001元至人民幣7,000,000元
+人民幣7,000,001元至人民幣7,500,000元
+人民幣7,500,001元至人民幣8,000,000元
+人民幣8,000,001元至人民幣8,500,000元
+人民幣8,500,001元至人民幣9,000,000元
+人民幣9,000,001元至人民幣9,500,000元
+人民幣9,500,001元至人民幣10,000,000元
+人民幣10,000,001元至人民幣10,500,000元
+人民幣10,500,001元至人民幣11,000,000元
+RMB8,000,001 to RMB8,500,000
+RMB6,500,001 to RMB7,000,000
+RMB7,000,001 to RMB7,500,000
+RMB7,500,001 to RMB8,000,000
+屬以下薪酬範圍的非董事最高薪酬僱員人數
+如下:
+於本年度,概無向上述最高薪酬僱員支付款
+項,以作為彼等離職或吸引彼等加入本公司
+之酌情花紅或補償(二零二零年:無)。
+40,231
+33,427
+The number of non-director highest paid employees whose
+remuneration fell within the following bands is as follows:
+There were no discretionary bonuses or compensation paid
+for loss of office or as inducement to join the Company for
+the above highest paid employees during the year (2020:
+Nil).
+87
+114
+40,144
+33,313
+薪金、津貼及非現金利益
+退休金計劃供款
+Salaries, allowances and benefits in kind
+Pension scheme contributions
+RMB8,500,001 to RMB9,000,000
+RMB9,000,001 to RMB9,500,000
+RMB9,500,001 to RMB10,000,000
+RMB10,000,001 to RMB10,500,000
+RMB10,500,001 to RMB11,000,000
+財務報表附註
+已發行普通股加權平均數
+199
+累計折舊及減值
+(4,481,616)
+130,447 64,586,063
+(63,252) (34,835,233)
+1,857,535 11,649,451
+(895,943) (5,905,922)
+3,550,067 104,383,848
+(46,181,966)
+impairment
+Net carrying amount
+賬面淨值
+18,128,669
+67,195 29,750,830
+961,592
+5,743,529 3,550,067 58,201,882
+22,610,285
+At 1 January 2021, net of accumulated
+18,128,669
+67,195
+29,750,830
+961,592
+5,743,529 3,550,067
+58,201,882
+depreciation and impairment
+Additions
+扣除累計折舊及減值
+添置
+1,069,096
+49,060
+6,900,119
+==---
+於二零二零年十二月三十一日
+及於二零二一年一月一日:
+成本
+Accumulated depreciation and
+Cost
+Motor
+equipment Construction
+buildings improvements
+equipment
+vehicles
+永久業權
+and fixtures in progress
+���公室
+Total
+Group
+本集團
+土地及樓宇
+RMB'000
+人民幣千元
+租賃物業裝修
+機器及設備
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+車輛
+RMB'000
+人民幣千元
+設備及傢俱
+在建工程
+RMB'000
+RMB'000
+RMB'000
+人民幣千元
+人民幣千元 人民幣千元
+31 December 2021
+二零二一年十二月三十一日
+At 31 December 2020 and
+1 January 2021:
+448,263
+and
+2,658,008 18,109,409
+Transfers from investment properties
+(3,524)
+Exchange realignment
+匯兌調整
+(28,388)
+(10,983) (15,297) (3,014)
+(57,682)
+At 31 December 2021, net of
+accumulated depreciation and
+impairment
+於二零二一年十二月三十一日, 19,801,295
+扣除累計折舊及減值
+77,432
+33,544,308
+995,466 6,880,296 14,246,331 75,545,128
+(3,524)
+At 31 December 2021:
+Cost
+成本
+24,845,081
+Accumulated depreciation and
+累計折舊及減值
+(5,043,786)
+152,196 71,406,278 2,013,686 14,196,595 14,246,331 126,860,167
+(74,764) (37,861,970) (1,018,220) (7,316,299)
+(51,315,039)
+impairment
+Net carrying amount
+賬面淨值
+19,801,295
+於二零二一年十二月三十一日:
+轉撥投資物業
+Transfer to investment properties
+(7,392,393)
+轉自投資物業
+7,667
+7,667
+Disposals
+出售
+(114,515)
+(11,540)
+(594,801)
+(153,115)
+Depreciation provided during the year ⠀⠀
+(678,311)
+(27,283)
+(8,076,241)
+(284,272)
+(37,600)
+(1,838,528)
+(20,752)
+(932,323)
+(10,904,635)
+Impairment
+減值
+Transfers
+轉撥
+1,420,601
+(212)
+5,575,596
+(212)
+38,295
+357,901
+29,233,955
+Leasehold
+land and
+Office
+二零二一年
+RMB'000
+人民幣千元
+2021
+每股基本盈利乃按以下基準計算:
+截至二零二一年及二零二零年十二月三十一
+日止年度,就攤薄事件而言,所呈報的每股
+基本盈利概無作出任何調整,乃因本集團於
+該等年度內的已發行普通股並無任何潛在攤
+薄影響。
+每股基本盈利乃按母公司普通股權益持有
+人應佔本年度溢利(就已付利息或應付永續
+債作出調整)及本年度已發行普通股加權
+平均數目2,854,226,188股(二零二零年:
+2,728,142,855股)計算。
+The calculation of basic earnings per share is based on:
+No adjustment has been made to the basic earnings
+per share amounts presented for the years ended 31
+December 2021 and 2020 in respect of a dilution as the
+Group had no potentially dilutive ordinary shares in issue
+during those years.
+holders of the parent adjusted for interest paid or payable
+for perpetual loans, and the weighted average number of
+ordinary shares of 2,854,226,188 (2020:2,728,142,855) in
+issue during the year.
+The calculation of the basic earnings per share amount is
+based on profit for the year attributable to ordinary equity
+母公司的普通股權益持有人應佔每股
+盈利
+13.
+13. EARNINGS PER SHARE ATTRIBUTABLE TO
+ORDINARY EQUITY HOLDERS OF THE PARENT
+2020
+二零二零年
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+204
+BYD Company Limited
+222,987,000元)。本集團的永續債披露於合
+併財務報表附註43內。
+於二零二一年已付的永續債利息為人民
+幣61,600,000元(二零二零年:人民幣
+永續債利息
+12.
+perpetual loans are disclosed in note 43 to the
+consolidated financial statements.
+The interest of perpetual loans paid in 2021 was
+RMB61,600,000 (2020:RMB222,987,000). The Group's
+PERPETUAL LOAN INTEREST
+31 December 2021
+RMB'000
+人民幣千元
+Earnings
+2,854,226,188 2,728,142,855
+用於計算每股基本盈利的年內
+二零二零年
+二零二一年
+2020
+2021
+股份數目
+Number of shares
+股份
+Weighted average number of ordinary shares in
+issue during the year, used in the basic
+earnings per share calculation
+Shares
+4,017,633
+3,025,914
+用於計算每股基本盈利的
+溢利
+Profit used in the basic earnings per
+share calculation
+(42,326)
+永續債應佔累計未付的
+本年利息
+Accumulated unpaid interest attributable to
+perpetual loans for the year
+(174,308)
+(19,274)
+已付永續債的本年利息
+Interest paid for perpetual loans for the year
+4,234,267
+3,045,188
+母公司普通股權益持有人
+應佔溢利
+盈利
+Profit attributable to ordinary equity holders
+of the parent
+12.6
+868,624
+12.2
+550,737
+Expenses not deductible for tax
+虧損
+0.2
+15,673
+0.7
+30,268
+應佔合營公司及聯營公司的
+Losses attributable to joint ventures
+and associates
+(10.9)
+(739,900)
+(9.3)
+(418,028)
+個別省份或地方機構頒佈的
+較低稅率
+Lower tax rate for specific provinces or
+enacted by local authority
+25.0
+1,720,647
+25.0
+1,129,501
+按法定税率計算的稅項
+Annual Report 2021
+二零二一年年報
+205
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+14. 物業、廠房及設備
+Freehold
+Machinery
+無須納稅的開支
+77,432
+40,142
+66,457
+按本集團實際稅率計算的
+稅項支出
+Tax charge at the Group's effective
+tax rate
+(9.3)
+(641,914)
+(19.6)
+(885,478)
+研究與開發成本的加計扣除
+Super-deduction of research and
+development costs
+影響
+(0.2)
+(9,704)
+稅率變動對期初遞延所得稅的
+Effect on opening deferred tax of
+change in rates
+(5.1)
+(349,062)
+(8.8)
+(399,502)
+利用以前期間稅務虧損
+Tax losses utilised from previous periods
+暫時性差異
+11.6
+796,723
+23.5
+1,063,538
+未確認的稅務虧損及可扣稅
+Tax losses and deductible temporary
+differences not recognised
+1.0
+0.9
+33,544,308
+995,466 6,880,296 14,246,331 75,545,128
+As at 31 December 2021, the Group was still in the process
+of obtaining property ownership certificates for certain
+buildings with a net carrying amount of RMB2,536,395,000
+(2020: RMB2,917,879,000). In the opinion of the directors,
+Right-of-use assets
+The carrying amounts of the Group's right-of-use
+assets and the movements during the year are as
+follows:
+16.
+租賃(續)
+本集團作為承租人(續)
+(a)
+使用權資產
+於年內,本集團使用權資產的賬面值
+及變動如下:
+Machinery
+Leasehold
+and other
+(a)
+land
+equipment
+機器及
+Total
+租賃土地
+RMB’000
+人民幣千元
+樓宇
+RMB'000
+人民幣千元
+其他設備
+RMB'000
+人民幣千元
+總計
+RMB'000
+人民幣千元
+As at 1 January 2020
+Additions
+於二零二零年一月一日
+6,510,523
+708,962
+Buildings
+The Group as a lessee (continued)
+LEASES (CONTINUED)
+16.
+96,902
+Transfer from property, plant and equipment
+Depreciation provided during the year
+轉撥自物業、廠房及設備
+年內折舊撥備
+(4,143)
+(2,574)
+(2,685)
+Carrying amount at 31 December
+於十二月三十一日的賬面值
+87,500
+94,217
+16.
+LEASES
+16.
+租賃
+The Group as a lessee
+本集團作為承租人
+The Group has lease contracts for various items of
+leasehold land, buildings and machinery and other
+equipment used in its operations. Lump sum payments
+were made upfront to acquire the leased land from the
+owners with lease periods of 30 to 99 years, and no
+ongoing payments will be made under the terms of these
+land leases. Leases of buildings generally have lease terms
+between 1 and 20 years. Machinery and other equipment
+generally have lease terms of 1 to 5 years and/or are
+individually of low value. Generally, the Group is restricted
+from assigning and subleasing the leased assets outside
+the Group. There are several lease contracts that include
+extension options, which are further discussed below.
+本集團就其經營中使用的各種租賃土地、樓
+宇、機器及其經營中所用的其他設備簽訂了
+租賃合同。根據該等土地租賃條款,於向業
+主收購租賃土地(租期為30至99年)前已作
+出一次性付款,並無正在進行的付款。樓宇
+租賃的租期一般為1至20年。機器及其他設
+備的租期一般為1至5年,及/或個別價值
+較低。一般而言,本集團不得在本集團以外
+轉讓及轉租租賃資產。若干租賃合同包含續
+租選擇權,其進一步載述如下。
+BYD Company Limited
+208
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+21,528
+7,241,013
+添置
+239,359
+943,570
+17,591
+4,234,358
+Disposals
+出售
+(26,355)
+(53,813)
+(162)
+(80,330)
+Depreciation charge
+折舊開支
+(168,122)
+(267,371)
+(5,558)
+(441,051)
+Exchange realignment
+匯兌調整
+(758)
+(6,392)
+(378)
+(7,528)
+As at 31 December 2021
+於二零二一年十二月三十一日
+9,660,069
+1,552,297
+20,935
+11,233,301
+3,273,197
+94,217
+添置
+9,442
+501,254
+5,275
+745,888
+Disposals
+Depreciation charge
+Exchange realignment
+出售
+(7,519)
+(97,349)
+(15,348)
+(120,216)
+(158,295)
+(167,819)
+(2,151)
+(328,265)
+(1,961)
+(8,745)
+138
+(10,568)
+折舊開支
+匯兌調整
+As at 31 December 2020 and
+1 January 2021
+Additions
+於二零二零年十二月三十一日及
+二零二一年一月一日
+6,582,107
+936,303
+7,527,852
+14. PROPERTY, PLANT AND EQUIPMENT
+於一月一日的賬面值
+RMB'000
+人民幣千元
+車輛
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+辦公室
+設備及傢俱
+RMB'000
+人民幣千元
+在建工程
+總計
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+31 December 2020
+二零二零年十二月三十一日
+At 31 December 2019 and
+1 January 2020:
+機器及設備
+Cost
+於二零一九年十二月三十一日
+及於二零二零年一月一日:
+成本
+21,177,239
+累計折舊及減值
+(3,826,190)
+199,310 57,314,868 1,690,428 9,419,899 5,721,076 95,522,820
+(67,737) (30,877,676) (692,688) (4,762,520)
+(40,226,811)
+impairment
+Net carrying amount
+賬面淨值
+17,351,049
+131,573 26,437,192
+997,740
+Accumulated depreciation and
+租賃物業裝修
+RMB'000
+人民幣千元
+土地及樓宇
+RMB'000
+人民幣千元
+本集團
+there is no major barrier for the Group to obtain the
+property ownership certificates.
+於二零二一年十二月三十一日,本集團仍在
+就賬面淨值為人民幣2,536,395,000元(二零
+二零年:人民幣2,917,879,000元)的若干樓
+宇辦理房屋所有權證。董事認為,本集團在
+取得房屋所有權證方面並無重大障礙。
+BYD Company Limited
+206
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+14. PROPERTY, PLANT AND EQUIPMENT
+(CONTINUED)
+14.
+物業、廠房及設備(續)
+As at 31 December 2021, certain items of the Group's
+freehold land and buildings with a net carrying amount of
+approximately RMB182,646,000 (2020: RMB191,209,000)
+were pledged to secure general banking facilities granted
+to the Group, certain items of the Group's motor vehicles
+with a net carrying amount of approximately RMBO (2020:
+RMB1,781,000) were pledged to secure general banking
+facilities granted to the Group (note 35(a)).
+Freehold
+於二零二一年十二月三十一日,賬面淨值約
+人民幣182,646,000元(二零二零年:人民幣
+191,209,000元)的本集團若干永久業權土地
+及樓宇項目、賬面淨值約人民幣0元(二零二
+零年:人民幣1,781,000元)的本集團若干汽
+車項目已作為抵押以取得授予本集團的一般
+銀行融資(附註35(a))。
+Machinery
+land and Leasehold
+and
+Motor
+buildings improvements
+equipment
+vehicles
+Office
+equipment Construction
+and fixtures
+in progress
+Total
+永久業權
+Group
+4,657,379 5,721,076 55,296,009
+At 1 January 2020, net of accumulated
+==-A-B
+17,351,049
+Cost
+Accumulated depreciation and
+impairment
+於二零二零年十二月三十一日:
+成本
+22,610,285
+累計折舊及減值
+(4,481,616)
+130,447 64,586,063 1,857,535 11,649,451 3,550,067
+(63,252) (34,835,233) (895,943) (5,905,922)
+104,383,848
+(46,181,966)
+Net carrying amount
+賬面淨值
+18,128,669
+67,195 29,750,830
+961,592 5,743,529 3,550,067
+58,201,882
+Annual Report 2021
+二零二一年年報
+207
+Notes to Financial Statements
+財務報表附註
+15. INVESTMENT PROPERTIES
+15.
+投資物業
+31 December 2021
+二零二一年十二月三十一日
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+At 31 December 2020:
+Carrying amount at 1 January
+impairment
+961,592 5,743,529 3,550,067
+131,573 26,437,192
+997,740
+4,657,379 5,721,076 55,296,009
+depreciation and impairment
+扣除累計折舊及減值
+Additions
+添置
+Disposals
+出售
+Depreciation provided during the year ⠀⠀
+404,789
+17,267 6,006,840 333,353 2,652,203 3,474,644 12,889,096
+(6,677) (50,824) (422,720) (65,929) (47,325) (12,758) (606,233)
+(677,112) (30,821) (6,655,209) (303,360) (1,606,422)
+(9,272,924)
+Impairment
+減值
+(5,885)
+(5,885)
+Transfers
+轉撥
+1,099,181
+Exchange realignment
+匯兌調整
+(42,561)
+4,407,390 34,745 91,579 (5,632,895)
+(16,778) (34,957) (3,885)
+(98,181)
+At 31 December 2020, net of
+accumulated depreciation and
+於二零二零年十二月三十一日, 18,128,669
+扣除累計折舊及減值
+67,195 29,750,830
+58,201,882
+Annual Report 2021
+二零二一年年報
+總計
+新能源電動汽車的研發、新能源電動
+汽車租賃
+Net carrying amount at 31 December 2020
+於二零二零年十二月三十一日的
+賬面淨值
+9,688,588
+10,043
+3,343
+405,802 10,107,776
+Deferred development costs are stated at cost less
+any impairment losses. Development costs start to be
+amortised once relevant products reach mass production
+conditions. They are amortised using the straight-line
+basis over the commercial lives of the underlying products
+not exceeding ten years, except for those of new energy
+vehicles which are amortised using the unit-of-production
+method, commencing from the date when the products are
+put into commercial production.
+遞延開發成本按成本減任何減值虧損列賬。
+一旦相關產品進入大量生產階段,開發成本
+即開始攤銷。開發成本採用直線法在相關產
+品投入生產不超過十年內攤銷,惟新能源汽
+車自產品投入商業生產之日起使用單位生產
+法攤銷。
+BYD Company Limited
+216
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+(628,890) (11,752,298)
+(1,413)
+1,034,692 21,860,074
+4,756
+(361)
+At 31 December 2020
+於二零二零年十二月三十一日
+9,688,588
+10,043
+3,343
+405,802
+19. INVESTMENTS IN JOINT VENTURES
+10,107,776
+Cost
+於二零二零年十二月三十一日:
+成本
+20,656,964
+Accumulated amortisation and impairment
+累計攤銷及減值
+(10,968,376)
+163,662
+(153,619)
+At 31 December 2020:
+(361)
+19. 於合營公司的投資
+2020
+名稱
+capital held
+所持註冊資本詳情
+and business
+登記及業務地點
+interest
+所有權權益
+power
+sharing
+Principal activities
+投票權
+分佔溢利
+主要業務
+Shenzhen Denza New Energy
+RMB5,760,000,000
+PRC/
+50%
+50%
+Name
+Profit
+Voting
+Ownership
+二零二零年
+RMB'000
+人民幣千元
+Share of net assets
+分佔淨資產
+6,814,229
+4,442,807
+本集團對合營公司的應收貿易賬款和應付結
+餘披露於合併財務報表附註47(c)。
+The Group's trade receivable and payable balances
+2021
+二零二一年
+RMB'000
+人民幣千元
+with joint ventures are disclosed in note 47(c) to the
+consolidated financial statements.
+本集團合營公司的詳情如下:
+Percentage of
+Particulars of
+Place of
+所佔百分比
+registered
+registration
+Particulars of the Group's joint ventures are as follows:
+匯兌調整
+Exchange realignment
+(187,058)
+OTHER INTANGIBLE ASSETS (CONTINUED)
+18. 其他無形資產(續)
+Industrial
+Development
+proprietary
+costs
+rights
+Know-how
+Software
+Total
+開發成本
+RMB'000
+人民幣千元
+工業產權
+RMB'000
+人民幣千元
+技術
+軟件
+總計
+18.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+139,680
+4,930
+Accumulated amortisation and impairment
+累計攤銷及減值
+(13,647,872)
+(136,453)
+(1,446)
+RMB'000
+人民幣千元
+1,165,678 24,602,865
+(767,190) (14,552,961)
+於二零二一年十二月三十一日的
+3,227
+3,484
+398,488 10,049,904
+賬面淨值
+Annual Report 2021
+二零二一年年報
+215
+Net carrying amount at 31 December 2021
+RMB'000
+RMB'000
+人民幣千元
+218,730
+231,581
+Disposal
+出售
+(309)
+(309)
+Amortisation provided during the year
+2,518
+年內攤銷撥備
+(7,515)
+(31)
+(146,148)
+(2,914,802)
+Impairment
+減值
+(187,058)
+(2,761,108)
+50%
+10,333
+Additions - acquired
+人民幣千元
+31 December 2020
+二零二零年十二月三十一日
+Cost at 1 January 2020, net of accumulated
+於二零二零年一月一日的成本,
+11,545,664
+7,225
+添置 - 收購
+856
+11,887,635
+amortisation and impairment
+扣除累計攤銷及減值
+Additions internal development
+添置 - 內部開發
+1,091,090
+1,091,090
+333,890
+23,292,577
+Automotive Co., Ltd. (“DENZA")
+Mainland China
+人民幣 中國/中國內地
+Beijing Hualin Loading Co., Ltd.
+("Beijing Hualin”)
+RMB100,000,000
+PRC/
+49%
+40%
+49%
+Production and sale for special-used
+Mainland China
+北京華林特裝車有限公司
+(「北京華林」)
+人民幣 中國/中國內地
+100,000,000
+vehicles, import and export storage,
+technologies and agency
+生產及銷售專用車、進出口倉儲、
+技術及代理
+Hangzhou BYD Xihu New
+出租及銷售電動汽車及燃油汽車及
+出租車業務
+sale and taxi business
+Mainland China
+人民幣 中國/中國內地
+1,195,616,300
+Electric car and fuel car rental and
+名稱
+capital held
+所持註冊資本詳情
+and business
+登記及業務地點
+interest
+所有權權益
+power
+sharing
+Profit
+RMB100,000,000 PRC/
+Principal activities
+分佔溢利
+主要業務
+Shenzhen Didi New Energy Auto
+Lease Co., Ltd. ("Shenzhen Didi")
+深圳市迪滴新能源汽車租賃有限公司
+(「深圳迪滴」)
+RMB1,195,616,300 PRC/
+10%
+40%
+10%
+投票權
+Name
+49%
+49%
+technical services and advice, and
+the establishment of charging poles
+新能源汽車技術、網絡技術開發、
+技術服務及諮詢及充電樁建設
+Auto financing leases, auto loan
+issuance of financial bonds, and
+car finance consulting agency
+汽車金融租賃、購車貸款、
+發行金融債券、汽車金融諮詢機構
+Hubei Energy Storage Co., Ltd.
+RMB100,000,000 PRC/
+55%*
+60%
+55%
+Investment and operation of energy
+(“Hubei Energy Storage")
+儲能電站(湖北)有限公司
+4,000,000,000
+(「比亞迪汽車金融」)
+人民幣 中國/中國內地
+比亞迪汽車金融有限公司
+New energy vehicle technology,
+Energy Auto Co., Ltd.
+Mainland China
+internet technology development,
+(“Xihu New Energy”)
+杭州西湖比亞迪新能源汽車有限公司
+(「西湖新能源」)
+40%
+BYD Auto Finance
+人民幣 中國/中國內地
+100,000,000
+RMB4,000,000,000 PRC/
+80%*
+80%
+80%
+Mainland China
+(“BYD Auto Finance")
+Company Limited
+Voting
+Ownership
+registration
+40%
+40%
+40%
+Automobile Service Co., Ltd.
+Mainland China
+Sale of Automobiles and parts and
+automobile maintenance
+(“Xi'an Infrastructure")
+西安城投亞迪汽車服務有限責任公司
+(「西安城投」)
+人民幣 中國/中國內地
+10,000,000元
+銷售汽車及零部件以及汽車維修
+Shenzhen BYD Electric Car
+RMB300,000,000 PRC/
+60%*
+50%
+PRC/
+RMB10,000,000
+Xi'an Infrastructure Yadi
+350,000,000
+Research, development and sale of
+automobiles
+研究、開發及銷售汽車
+5,760,000,000
+Tianjin BYD Automobile Company
+RMB350,000,000
+PRC/
+50%
+60%
+50%
+Mainland China
+and coaches.
+天津比亞迪汽車有限公司
+(「天津比亞迪」)
+人民幣 中國/中國內地
+50% Assembly and sale of automobiles
+組裝及銷售汽車及客車
+Limited (“Tianjin BYD")
+Investment Co., Ltd.
+Mainland China
+New energy investment and the
+establishment of industrial electric
+製造及設計汽車部件及配件及製造汽車
+(「廣汽比亞迪」)
+300,000,000
+Annual Report 2021
+二零二一年年報
+217
+Notes to Financial Statements
+財務報表附註
+and accessories and manufacture
+31 December 2021
+二零二一年十二月三十一日
+19.
+(CONTINUED)
+Percentage of
+Particulars of
+Place of
+所佔百分比
+registered
+INVESTMENTS IN JOINT VENTURES 19. 於合營公司的投資(續)
+深圳騰勢新能源汽車有限公司
+(「騰勢」)
+人民幣 中國/中國內地
+of automobiles
+(“BYD Electric Car")
+vehicle industry
+深圳市比亞迪電動汽車投資有限公司
+人民幣 中國/中國內地
+新能源投資及成立工業電動汽車行業
+(「比亞迪電動汽車」)
+300,000,000
+廣州廣汽比亞迪新能源客車有限公司
+Guangzhou Guang Qi BYD
+51%*
+50%
+51%
+Manufacture and design of auto parts
+New Energy Bus Co., Ltd.
+(“Guang Qi BYD”)
+Mainland China
+RMB300,000,000 PRC/
+(「湖北儲能電站」)
+於二零二一年十二月三十一日:
+成本
+At 31 December 2021:
+2,317
+開支
+新冠肺炎相關的出租人
+租金優惠
+(3,065)
+Total amount recognised in the statement
+of profit or loss
+於損益表確認的總金額
+1,746,538
+1,651,688
+(d)
+Extension options
+(d)
+續租選擇權
+management to provide flexibility in managing the
+Group's business needs. These extension options
+are expected to be exercised.
+The Group has several lease contracts that include
+extension options. These options are negotiated by
+3,303
+1,267,749
+1,233,802
+328,265
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Interest on lease liabilities
+Expense relating to short-term leases
+Expense relating to leases of low-value
+leased-asset portfolio and they are aligned with the
+assets
+from lessors
+租賃負債利息
+68,382
+56,422
+Depreciation charge of right-of-use assets
+使用權資產的折舊開支
+與短期租賃有關的開支
+與低價值租賃資產有關的
+441,051
+Covid-19-related rent concessions
+2021
+本集團擁有多項包括續租選擇權的租
+賃合同。該等選擇權乃經管理層協商
+釐定,使租賃資產組合管理具有靈活
+性,符合本集團業務需求。該等續租
+選擇權預期將予行使。
+The total cash outflow for leases is disclosed in note
+45 to the consolidated financial statements.
+2020
+二零二零年
+RMB'000
+人民幣千元
+Within one year
+一年內
+91,590
+109,020
+After one year but within two years
+一年後但兩年內
+40,436
+62,442
+After two years but within three years
+兩年後但三年內
+36,098
+32,160
+After three years but within four years
+After four years but within five years
+After five years
+2021
+二零二一年
+RMB'000
+人民幣千元
+於二零二一年十二月三十一日,本集團根據
+與其租戶不可撤銷經營租賃於未來期間應收
+的未折現租賃款項如下:
+本集團根據經營租賃安排出租其若干物業及
+車輛。租賃條款一般要求租戶繳付押金,
+並根據當時現行市場狀況提供定期租金調
+整。本集團於年內確認的租金收入為人民
+幣 151,691,000元(二零二零年:人民幣
+143,117,000).
+本集團作為出租人
+(e)
+租賃的現金流出總額於合併財務報表
+附註45中披露。
+16.
+Annual Report 2021
+二零二一年年報
+211
+Notes to Financial Statements
+財務報表附註
+(e)
+31 December 2021
+二零二一年十二月三十一日
+The Group as a lessor
+The Group leases certain of its properties and vehicles
+under operating lease arrangements. The terms of the
+leases generally require the tenants to pay security
+deposits and provide for periodic rent adjustments
+according to the then prevailing market conditions. Rental
+income recognised by the Group during the year was
+RMB151,691,000 (2020: RMB143,117,000).
+At 31 December 2021, the undiscounted lease payments
+receivable by the Group in future periods under non-
+cancellable operating leases with its tenants are as follows:
+16.
+租賃(續)
+LEASES (CONTINUED)
+於損益表確認的有關租賃的款項如
+下:
+loss in relation to leases are as follows:
+(C)
+2020
+二零二零年
+RMB'000
+人民幣千元
+Carrying amount at 1 January
+New leases
+於一月一日的賬面值
+新租賃
+1,011,793
+767,720
+854,306
+344,593
+Accretion of interest recognised during
+年內確認的利息增加
+68,382
+56,422
+the year
+2021
+二零二一年
+RMB'000
+人民幣千元
+下:
+movements during the year are as follows:
+於年內,租賃負債的賬面值及變動如
+Annual Report 2021
+二零二一年年報
+209
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+16.
+LEASES (CONTINUED)
+Covid-19-related rent concessions
+16.
+The Group as a lessee (continued)
+本集團作為承租人(續)
+(b)
+Lease liabilities
+(b)
+租賃負債
+The carrying amount of lease liabilities and the
+租賃(續)
+from lessors
+Payments
+新冠肺炎相關的出租人
+租金優惠
+表附註50中披露。
+BYD Company Limited
+210
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+租賃負債的到期日分析於合併財務報
+二零二一年十二月三十一日
+LEASES (CONTINUED)
+16.
+租賃(續)
+The Group as a lessee (continued)
+本集團作為承租人(續)
+(c)
+The amounts recognised in the statement of profit or
+16.
+三年後但四年內
+The maturity analysis of lease liabilities is disclosed
+in note 50 to the consolidated financial statements.
+1,415,291
+(3,065)
+付款
+(270,762)
+(153,877)
+Carrying amount at 31 December
+於十二月三十一日的賬面值
+1,663,719
+843,286
+1,011,793
+分析為:
+Current portion
+流動部分
+Non-current portion
+非流動部分
+248,428
+168,507
+Analysed into:
+Cost
+29,174
+四年後但五年內
+Total
+技術
+RMB’000
+人民幣千元
+軟件
+總計
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+31 December 2021
+二零二一年十二月三十一日
+Cost at 1 January 2021, net of accumulated
+於二零二一年一月一日的成本,
+9,688,588
+10,043
+3,343
+405,802
+10,107,776
+Software
+Know-how
+rights
+工業產權
+RMB'000
+人民幣千元
+開發成本
+RMB’000
+人民幣千元
+原材料價格通脹 - 用作釐定原材料價格通賬
+的基準乃預算年度的預測物價指數。
+主要假設的價值與外界資料來源一致。
+BYD Company Limited
+214
+比亞迪股份有限公司
+Notes to Financial Statements
+amortisation and impairment
+財務報表附註
+二零二一年十二月三十一日
+18. OTHER INTANGIBLE ASSETS
+18. 其他無形資產
+Development
+Industrial
+proprietary
+costs
+31 December 2021
+折現率 - 折現率乃未考慮稅務費用,並反映
+有關單位的特定風險。
+扣除累計攤銷及減值
+添置 - 內部開發
+減值
+(93,081)
+(93,081)
+Exchange realignment
+匯兌調整
+(224)
+(175)
+(399)
+At 31 December 2021
+於二零二一年十二月三十一日
+9,644,705
+3,227
+3,484
+398,488
+10,049,904
+Impairment
+(2,760,122)
+(165,680)
+(33)
+2,635,613
+2,635,613
+Additions - acquired
+添置 - 收購
+1,178
+398
+161,479
+Additions internal development
+163,055
+出售
+(2,938)
+(2,938)
+Amortisation provided during the year
+年內攤銷撥備
+(2,586,415)
+(7,994)
+Disposal
+預算毛利率 - 預算毛利率的價值乃根據緊
+接預算年度前的年度內已達到的平均毛利率
+(預期效率改善後有所增長)及預期市場發展
+釐定。
+計算二零二一年及二零二零年十二月三十一
+日汽車及相關產品現金產生單位的使用價值
+時採用了假設。管理層根據下列各項主要假
+設預測現金流量,以進行商譽減值測試。
+65,914
+Accumulated impairment
+Net carrying amount
+於二零二零年十二月三十一日及
+二零二一年十二月三十一日:
+成本
+累計減值
+賬面淨值
+RMB'000
+人民幣千元
+75,585
+(9,671)
+65,914
+Impairment testing of goodwill
+Goodwill acquired through business combinations is
+allocated to the automobiles and related products cash-
+generating unit, which is a reportable segment, for
+impairment testing:
+The recoverable amount of the automobiles and related
+products cash-generating unit has been determined based
+on a value-in-use calculation using cash flow projections
+based on financial budgets covering a five-year period
+approved by senior management. The discount rate
+applied to the cash flow projections is 13%(2020:13%).
+The growth rate used to extrapolate the cash flows of the
+automobiles and related products cash-generating unit
+beyond the five-year period is 3% (2020: 3%), which is less
+than the long-term average growth rate of the automobile
+industry.
+商譽減值測試
+Cost
+31 December 2021:
+At 31 December 2020 and
+商譽
+24,358
+9,070
+五年後
+32,139
+89,122
+253,795
+315,233
+因業務合併而產生的商譽獲分配至汽車及相
+關產品現金產生單位(其為可呈報分部),以
+進行減值測試:
+BYD Company Limited
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+17. GOODWILL
+17.
+212
+汽車及相關產品現金產生單位的可收回金額
+乃按照使用價值計算法而釐定,其中以根據
+涵蓋五年期間的財政預算作出並經高級管理
+層批准的現金流量預測為基準。現金流量預
+測的折現率為13%(二零二零年:13%)。用
+於推算汽車及相關產品現金產生單位五年以
+上期間的現金流量的增長率為3%(二零二零
+年:3%),低於汽車行業的長期平均增長率。
+Annual Report 2021
+二零二一年年報
+213
+Assumptions were used in the value-in-use calculation of
+the automobiles and related products cash-generating unit
+for 31 December 2021 and 2020. The following_describes
+each key assumption on which management has based its
+cash flow projections to undertake impairment testing of
+goodwill.
+Budgeted gross margins
+The basis used to determine
+the value assigned to the budgeted gross margins is the
+average gross margins achieved in the year immediately
+before the budget year, increased for expected efficiency
+improvements and expected market development.
+-
+商譽的賬面值
+Discount rate The discount rate used is before tax and
+reflects specific risks relating to the relevant unit.
+-
+The basis used to determine
+the value assigned to raw materials price inflation is the
+forecast price index during the budget year.
+The values assigned to key assumptions are consistent
+with external information sources.
+65,914
+Raw materials price inflation
+13,419
+Carrying amount of goodwill
+RMB'000
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+17.
+GOODWILL (CONTINUED)
+17.
+商譽(續)
+人民幣千元
+Impairment testing of goodwill (continued)
+The carrying amount of goodwill allocated to the cash-
+generating unit is as follows:
+分配予現金產生單位的商譽的賬面值如下:
+Automobiles and
+related products
+汽車及相關產品
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+商譽減值測試(續)
+Mainland China
+人民幣 中國/中國內地
+100,000,000
+9,644,705
+投資及能源倉儲運營
+Meihao Chuxing (Hangzhou)
+(「青海鹽湖」)
+人民幣 中國/中國內地
+青海鹽湖比亞迪資源開發有限公司
+("Qinghai Salt Lake")
+Mainland China
+Development Co., Ltd.
+Development of lithium resources in
+49%
+40%
+49%
+PRC/
+RMB500,000,000
+Qinghai Salt Lake BYD Resources
+融資租賃及融資租賃顧問服務
+人民幣 中國/中國內地
+400,000,000
+(“International Financial Lease")
+深圳比亞迪國際融資租賃有限公司
+(「國際融資租賃」)
+advisory service
+Mainland China
+Financial lease and financial lease
+30%
+33%
+30%
+RMB400,000,000 PRC/
+Financial Lease Co., Ltd.
+Shenzhen BYD International
+技術諮詢及技術服務
+人民幣 中國/中國內地
+100,000,000
+深圳市萬科雲地實業有限公司
+(“Meihao Chuxing”)
+商業服務、技術開發、技術轉讓、
+500,000,000
+PRC/
+storage
+電動汽車及其衍生產品以及電動汽車
+零部件及其衍生產品的設計及開發;
+進出口、銷售及售後服務
+sales and after-sales service
+their derivatives; import and export,
+the parts of electric vehicles and
+50% Design and development of electric
+vehicles and their derivatives and
+汽車研發、汽車租賃及經營管理、
+新能源技術
+new energy technology
+Automobile R&D, automobile leasing
+and operational management; and
+鹽湖鋰資源的開發及碳酸鋰的生產、
+銷售
+sale of lithium carbonate
+Salt Lake and the production and
+345,000,000元
+(「比亞迪豐田電動車科技」)
+人民幣 中國/中國內地
+比亞迪豐田電動車科技有限公司
+Mainland China
+Co., Ltd.("BTET")
+50%
+50%
+RMB345,000,000 PRC/
+BYD TOYOTA EV Technology
+1,285,000,000
+人民幣 中國/中國內地
+美好出行(杭州)汽車科技有限公司
+(「美好出行」)
+Mainland China
+Automotive Technology Co., Ltd.
+65%
+60%
+RMB1,285,000,000
+technology services
+65%*
+development, technology transfer,
+Place of
+registered
+Particulars of
+19. 於合營公司的投資 (續)
+INVESTMENTS IN JOINT VENTURES
+(CONTINUED)
+19.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+218
+BYD Company Limited
+商業服務、技術開發、技術轉讓、
+technology services
+technology consulting and
+development, technology transfer,
+Commercial services, technology
+5,000,000元
+人民幣 中國/中國內地
+橫琴萬科雲地商業服務有限公司
+Mainland China
+50%
+33%
+50%
+PRC/
+RMB5,000,000
+technology consulting and
+Hengqin Vanke Yundi Commercial
+Services Co., Ltd.
+Percentage of
+所佔百分比
+技術諮詢及技術服務
+Ownership
+60%*
+57%
+60%
+Mainland China
+人民幣 中國/中國內地
+30,000,000元
+ShenzhenVanke Yundi Industrial
+Co., Ltd.
+PRC/
+RMB100,000,000 PRC/
+67%
+72%
+Mainland China
+Commercial services, technology
+registration
+R&D of new energy electric vehicles,
+and leasing of new energy electric
+vehicles
+72%*
+RMB30,000,000
+成都蜀都比亞迪新能源汽車有限公司
+Chengdu Shudu BYD New Energy
+Vehicles Co., Ltd.
+Voting
+Name
+名稱
+capital held
+所持註冊資本詳情
+and business
+登記及業務地點
+interest
+所有權權益
+Profit
+sharing
+Principal activities
+投票權
+分佔溢利
+主要業務
+power
+design, integration, testing and
+sales of chips, algorithms, modules
+and terminal products; design,
+sale, technical consultation and
+technological transfer of operating
+systems and application software
+of related products; investment
+in start-ups; import and export of
+goods and technologies
+芯片、算法、模塊和終端的研發;終端
+產品的生產;芯片、算法、模塊和終
+端產品的設計、集成、測試和銷售;
+相關產品的操作系統和應用軟件的
+設計、銷售、技術諮詢和技術轉讓;
+創業投資;貨物和技術的進出口
+BYD Company Limited
+Notes to Financial Statements
+比亞迪股份有限公司
+財務報表附註
+20. INVESTMENTS IN ASSOCIATES (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+production of terminal products;
+224
+algorithms, modules and terminals;
+人民幣 中國/中國內地
+計算機軟件開發、銷售及技術服務
+Co. Ltd.(“Allystar”)
+20.
+Mainland China
+深圳華大北斗科技股份有限公司
+(「華大北斗」)
+785,450,798元
+production, sale, leasing,
+installation, maintenance and
+technical consultation of precision
+equipment and instruments;
+processing and sale of machinery
+and equipment parts; computer
+software development, sale and
+technical services;
+研發、生產、銷售、租賃、安裝、維護
+以及精密設備及工具的技術諮詢、
+機器及設備零部件加工及銷售、
+Research and development of chips,
+於聯營公司的投資 (續)
+Contract energy management;
+Particulars of Place of
+投票權
+分佔溢利
+主要業務
+10%
+17%
+10%
+Research and development of
+Technology Co., Ltd. (“Microgrid")
+Mainland China
+emerging energy technologies;
+深圳市微網數電科技有限公司
+(「微網數電」)
+人民幣 中國/中國內地
+50,000,000元
+The following table illustrates the aggregate financial
+information of the Group's associates that are not
+individually material:
+Network technology services;
+Sales of new energy prime mover
+equipment; Rental of charging
+14% 5.19%
+所有權權益
+Percentage of
+登記及業務地點
+PRC/
+Shenzhen microgrid Digital
+所佔百分比
+registered
+registration
+Ownership
+Voting
+Profit
+Name
+名稱
+capital held
+and business
+interest
+power
+sharing
+Principal activities
+所持註冊資本詳情
+RMB50,000,000
+5.19%
+工程測量、設計、諮詢、監督檢驗、
+EPC承包及專業承包
+RMB785,450,798
+RMB120,000,000 PRC/
+40%
+29%
+40%
+Clear in laws and regulations or
+人民幣
+Mainland China
+中國/中國內地
+approved by the State Council
+根據明確法律及法規或國務院所批准的
+120,000,000元
+業務
+Annual Report 2021
+二零二一年年報
+223
+Notes to Financial Statements
+財務報表附註
+維護、租賃交易諮詢服務;
+31 December 2021
+二零二一年十二月三十一日
+融資租賃業務、租賃業務、國內外租賃
+資產購置、租賃物業剩餘價值出售及
+maintenance of leased property;
+400,000,000
+Yinchuan Sky Rail Operation
+Co., Ltd. (“Yinchuan Operation")
+銀川雲軌運營有限公司(「銀川運營」)
+Principal activities
+Engineering survey, design,
+consultancy, supervision and
+inspection, EPC contracting, and
+specialised contracting.
+control equipment; Battery
+Develop, produce, assemble, sell and
+deliver car seats and related parts
+covering the whole car chair, seat
+frame, seat foam and seat cover;
+and provision of after-sales service
+and technical development service
+開發、生產、組裝、銷售及運送汽車座
+椅及有關完整汽車座椅、座椅框架、
+座椅發泡體及座椅套的部件以及提供
+售後服務及技術開發服務
+Finance leasing business; leasing
+business; purchase of leased
+assets at home and abroad;
+disposal of residual value and
+leasing transaction consulting
+services;
+PRC/
+20. INVESTMENTS IN ASSOCIATES (CONTINUED)
+於聯營公司的投資 (續)
+RMB20,000,000
+登記及業務地點
+PRC/
+所有權權益
+投票權
+分佔溢利
+主要業務
+32.5%
+33% 32.5%
+Research and development,
+Mainland China
+("Dongguan Tec-Rich
+Engineering")
+東莞德瑞精密設備有限公司
+([東莞德瑞」)
+人民幣 中國/中國內地
+20,000,000元
+Allystar Technology (Shenzhen)
+Engineering Co., Ltd.
+20.
+Dongguan Tec-Rich
+名稱
+Percentage of
+Particulars of Place of
+所佔百分比
+registered
+registration
+Ownership
+Voting
+Profit
+Name
+capital held
+and business
+interest
+power
+sharing
+Principal activities
+所持註冊資本詳情
+sales; Battery rental; Software
+Notes to Financial Statements
+新興能源技術的研發;合同能源管理;
+網絡技術服務;新能源原動設備的
+銷售;充電控制設備的租賃;電池
+銷售;蓄電池租賃;軟件開發;集成
+電路設計。
+於年末
+At end of year
+(465,064)
+(688,885)
+於損益表確認
+Recognised in the statement of
+profit or loss
+The above completed property held for sale was
+3,365,916
+持作出售已竣工物業,按成本:
+於年初
+At the beginning of year
+Completed property held for sale, at cost:
+RMB'000
+人民幣千元
+二零二零年
+2020
+2,900,852
+a property named Yadi Sancun which has been.
+purchased from a real estate enterprises in 2017.
+2,211,967
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+存貨
+24.
+持作生產模具
+在製品
+製成品
+原材料
+Moulds held for production
+Finished goods
+Work in progress
+Raw materials
+24. INVENTORIES
+上述持作出售已竣工物業為於二零一
+七年自一家房地產企業購買的亞迪三
+村物業。
+2,900,852
+2021
+二零二一年
+RMB'000
+人民幣千元
+持作出售已竣工物業
+23.
+23. COMPLETED PROPERTY HELD FOR SALE
+Listed equity investments, at fair value
+二零二零年
+RMB'000
+人民幣千元
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+其他非流動金融資產
+22.
+22. OTHER NON-CURRENT FINANCIAL ASSETS
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+BYD Company Limited
+226
+截至二零二一年十二月三十一日止年度期
+間,本集團從上述投資中獲得的股息金額
+為人民幣405,900元(二零二零年:人民幣
+12,123,000).
+Other unlisted investments, at fair value
+RMB'000
+以公允價值計量的上市權益投資
+以公允價值計量的其他非上市投資
+14,593
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+227
+Annual Report 2021
+二零二一年年報
+非上市證券公允價值採用估值技術計量,當
+中涉及無法觀察輸入數據,故分類於公允價
+值等級第二級和第三級。用於評估私營企業
+的主要假設披露於財務報表附註49。
+上市股權投資之公允價值乃按活躍市場所報
+收市價釐定。該等投資根據所報市價(第一
+級:於活躍市場之報價(未經調整))按公允
+價值入賬,而不扣除交易成本。
+由於本集團並無選擇於其他綜合收益中確認
+公允價值收益或虧損,上述股權投資被分類
+為以公允值計量且其變動計入損益的金融資
+產。
+The fair values of the unlisted equity investments are
+measured using a valuation technique with unobservable
+inputs and hence categorised within level 2 and level 3
+of the fair value hierarchy. The major assumptions used
+in the valuation for investments in private companies are
+disclosed in note 49 to the financial statements.
+The fair values of the listed equity investment determined
+are based on the closing prices quoted in active markets.
+They are accounted for using their fair values based on the
+quoted market prices (level 1: quoted price (unadjusted) in
+active markets) without deduction for transaction costs.
+The above equity investments were classified as financial
+assets at fair value through profit or loss as the Group has
+not elected to recognise the fair value gain or loss through
+other comprehensive income.
+284,896
+233,972
+270,303
+219,557
+14,415
+人民幣千元
+9,408,564
+4,346,508
+1,022,781
+總賬面值
+Annual Report 2021
+二零二一年年報
+225
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+21. EQUITY INVESTMENTS AT FAIR VALUE 21. 以公允價值計量並計入其他綜合收益
+THROUGH OTHER COMPREHENSIVE INCOME
+的權益投資
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Listed equity investments, at fair value
+Unlisted equity investments, at fair value
+以公允價值計量的上市權益投資
+以公允價值計量的非上市權益投資
+1,242,057
+1,090,772
+1,420,080
+本集團於聯營公司的投資的
+2,856
+下表說明個別並非屬重大的本集團聯營公司
+的合計財務資料:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Share of associates' profit for the year
+Share of associates' total comprehensive
+income
+本年度分佔聯營公司的溢利
+分佔聯營公司的綜合收益總額
+65,981
+9,697
+65,981
+9,697
+Elimination of unrealised profit
+沖銷未變現溢利
+770
+Aggregate carrying amount of the Group's
+investments in associates
+development; Integrated circuit
+design.
+1,671,779
+1,420,080
+25. TRADE RECEIVABLES
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+(「天津宏迪」)
+比亞迪股份有限公司
+228
+BYD Company Limited
+31,396,358
+43,354,782
+497,556
+1,614,412
+17,971,556 16,639,924
+9,912,370
+14,360,250
+Trade receivables
+2,913,836
+Impairment
+2021
+The above listed equity investments were irrevocably
+designated at fair value through other comprehensive
+income as the Group considers these investments to be
+strategic in nature.
+本集團務求對未收回的應收賬款維持嚴格監
+管,並設有信貸監控部門以減少信貸風險。
+高級管理人員定期審閱逾期結餘。於報告期
+末,本集團有若干信貸集中風險,原因為本
+集團自本集團最大客戶及首五名最大客戶
+的應收貿易賬款分別為4%(二零二零年:
+11%)及13%(二零二零年:25%)。本集團
+並無就其應收貿易賬款結餘持有任何抵押品
+或其他信貸提升保障。應收貿易賬款為不計
+息。
+本集團一般向客戶提供一至十二個月的信貸
+期。
+The Group seeks to maintain strict control over its
+outstanding receivables and has a credit control
+department to minimise credit risk. Overdue balances are
+reviewed regularly by senior management. At the end of
+the reporting period, the Group had certain concentrations
+of credit risk as 4% (2020: 11%) and 13% (2020:25%)
+of the Group's trade receivables were due from the
+Group's largest customer and the five largest customers,
+respectively. The Group does not hold any collateral
+or other credit enhancements over its trade receivable
+balances. Trade receivables are non-interest-bearing.
+The Group generally provides the customers with a credit
+period of one to twelve months.
+39,307,896
+35,593,138
+(2,244,912) (2,166,947)
+37,838,050 41,474,843
+應收貿易賬款
+減值
+人民幣千元
+二零二零年
+RMB'000
+二零二一年
+RMB'000
+人民幣千元
+2020
+25. 應收貿易賬款
+人民幣 中國/中國內地
+936,840,000
+Mainland China
+2020
+二零二零年
+RMB'000
+人民幣千元
+Share of joint ventures' (loss)/profit for
+the year
+應佔本年度合營公司之(虧損)/
+溢利
+(607,486)
+(199,905)
+Share of joint ventures' total
+comprehensive (loss)/income
+應佔合營公司之綜合(虧損)/收入
+總額
+(607,486)
+(199,905)
+Elimination of unrealised profit
+沖銷未變現溢利
+311,567
+12,748
+2021
+二零二一年
+RMB'000
+人民幣千元
+Aggregate carrying amount of the Group's
+investments in joint ventures
+下表說明個別並非屬重大的本集團合營公司
+的合計財務資料概要:
+The following table illustrates the summarised aggregate
+根據該等投資對象的組織章程細則,任
+何由投資委員會批准的事項,均須取得
+投資委員會全體成員一致同意後方可批
+准。本集團在投資委員會中佔有一席之
+地,故即使本集團於基金中的所有權權
+益低於20%,本集團仍可對基金實施共
+同控制。
+根據集團對該基金簽署的認購協議,基
+金預計募集規模不超過6億美元,集團
+作為有限合夥人擬認繳出資1億美元。
+220
+BYD Company Limited
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+19.
+INVESTMENTS IN JOINT VENTURES
+(CONTINUED)
+19.
+於合營公司的投資 (續)
+There is no material joint venture of the Group at the end of
+the reporting period.
+於報告期末,本集團並無重大合營公司。
+financial information of the Group's joint ventures that are
+not individually material:
+根據該等投資對象的組織章程細則,董
+事會議決須董事會全體成員的三分之二
+以上或全體同意決定。因此,儘管本集
+團於投資對象的擁有權超過50%,本集
+團並不控制該等投資對象。
+本集團於合營公司之投資賬面總額
+4,442,807
+The Group's trade receivable and payable balances with
+associates are disclosed in note 47(c) to the consolidated
+financial statements.
+本集團對聯營公司的應收貿易賬款和應付結
+餘披露於合併財務報表附註47(c)。
+20.
+Annual Report 2021
+二零二一年年報
+221
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+INVESTMENTS IN ASSOCIATES (CONTINUED)
+20.
+Particulars of the Group's associates are as follows:
+於聯營公司的投資(續)
+本集團聯營公司的詳情如下:
+Name
+名稱
+Percentage of
+1,022,781
+6,814,229
+1,090,772
+1,090,772
+20. INVESTMENTS IN ASSOCIATES
+20. 於聯營公司的投資
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Share of net assets
+分佔淨資產
+959,534
+Goodwill on acquisition
+收購的商譽
+891,543
+131,238
+131,238
+Provision for impairment
+減值撥備
+1,022,781
+Particulars of
+智能駕駛軟件研究、銷售及服務
+Group in respect of the fund, the amount anticipated
+and business
+登記及業務地點
+interest
+所有權權益
+power
+sharing
+Principal activities
+投票權
+分佔溢利
+主要業務
+Hengqin Hexie Dingtai Equity
+RMB1,401,000,000 PRC/
+42.8%
+25%
+42.8%
+Investment LP (“Hexie Dingtai")
+Mainland China
+capital held
+所持註冊資本詳情
+橫琴和諧鼎泰股權投資企業
+名稱
+Profit
+219
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+INVESTMENTS IN JOINT VENTURES 19. 於合營公司的投資(續)
+19.
+(CONTINUED)
+Percentage of
+Particulars of
+Place of
+所佔百分比
+registered
+registration
+Ownership
+Voting
+Name
+to be raised will be no more than US$600 million. The
+Group intends to contribute US$100 million, as a limited
+partner.
+人民幣 中國/中國內地
+1,401,000,000
+RMB100,000,000 PRC/
+60%*
+60%
+60%
+Research, sales and service of
+Mainland China
+intelligent driving software
+人民幣
+中國/中國內地
+100,000,000
+According to the articles of association of these
+investees, a board resolution requires unanimous
+consent of a two-third majority or all members of the
+board of directors. Thus, the Group does not have
+control even though the Group's ownership interests in
+these investees are greater than 50%.
+According to the articles of association of these
+investees, any matter to be approved by the Investment
+Committee may only be approved with the unanimous
+consent of all Investment Committee members. The
+Group takes a seat on the Investment Committee.
+Therefore, even though the Group's ownership interest
+in the fund is below 20%, the Group still can exert
+common control on the fund.
+According to the subscription agreement signed by the
+(「迪派智行」)
+(有限合夥)(「和諧鼎泰」)
+深圳市迪派智行科技有限公司
+Shenzhen Dipai Zhixing Technology
+Harmony Fund LP
+USD600,000,000*** Cayman Islands
+16.7%
+16.7%**
+16.7%
+Harmony基金(有限合夥)
+600,000,000美元*** 開曼群島
+Equity investment: most investments
+were made in sub-funds in TMT,
+logistics and other areas
+股權投資:大部分投資於數字新媒體
+產業、物流及其他領域的子基金
+Equity investment: most investments
+were made in technology, logistics,
+medical innovation and other
+industries
+股權投資:大部分投資於技術、物流、
+醫療創新及其他行業
+Co., Ltd. ("Dipai Zhixing")
+天津宏迪融資租賃有限公司
+Place of
+registered
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+20. INVESTMENTS IN ASSOCIATES (CONTINUED)
+20.
+於聯營公司的投資 (續)
+Name
+名稱
+China Railway Engineering
+Consulting Group Co., Ltd.
+Percentage of
+Particulars of Place of
+所佔百分比
+222
+registered
+BYD Company Limited
+goods and technology
+RMB936,840,000 PRC/
+10%
+11%
+10%
+Development, consultancy, transferal,
+Mainland China
+中治瑞木新能源科技有限公司
+人民幣 中國/中國內地
+(「中治瑞木」)
+由於本集團將上述上市權益投資視為策略性
+質,故該等投資不可撤銷地被指定為以公允
+價值計量並計入其他綜合收益。
+and services of energy-saving
+and environmentally friendly
+technologies and product
+technologies, power battery
+manufacturing, import and export of
+節能環保技術及產品技術開發、諮詢、
+轉讓及服務、動力電池製造、貨物及
+技術進出口
+MCC Ramu New Technology Limited
+("MCC Ramu")
+registration
+Voting
+Shenzhen Faurecia Auto Parts
+RMB200,000,000 PRC/
+30%
+40%
+30%
+Co., Ltd. (“Faurecia")
+Mainland China
+深圳佛吉亞汽車部件有限公司
+(「佛吉亞」)
+人民幣 中國/中國內地
+200,000,000
+Tianjin Hongdi Financial Lease
+RMB400,000,000 PRC/
+25%
+33%
+25%
+Co., Ltd. ("Tianjin Hongdi ")
+730,818,286元
+Ownership
+人民幣 中國/中國內地
+Mainland China
+Profit
+capital held
+所持註冊資本詳情
+RMB730,818,286
+and business
+登記及業務地點
+PRC/
+interest
+power
+sharing
+所有權權益
+投票權
+分佔溢利
+主要業務
+4%
+11%
+4%
+中鐵工程設計諮詢集團有限公司
+所佔百分比
+汽車租賃、公共交通工具保養及維修
+("Qianhai Green Transportation")
+深圳市前海綠色交通有限公司
+(「前海綠色交通」)
+Annual Report 2021
+二零二一年年報
+Products of lithium and boron
+Mainland China
+人民幣 中國/中國內地
+930,000,000
+mineral salt
+鋰硼產品及礦鹽
+Shan Mei Ling Qiu Bi Xing
+RMB10,000,000
+PRC/
+20%
+20%
+20%
+Industry Development Co., Ltd.
+Mainland China
+(“Shan Mei Ling Qiu Bi Xing")
+山煤靈丘比星實業開發有限公司
+(「山煤靈丘比星」)
+人民幣 中國/中國內地
+18%
+Solar power ecosystem remediation
+18%
+RMB930,000,000 PRC/
+registration
+Ownership
+Voting
+Profit
+capital held
+所持註冊資本詳情
+and business
+登記及業務地點
+interest
+所有權權益
+power
+sharing
+Principal activities
+投票權
+分佔溢利
+主要業務
+Tibet Zabuye Lithium Industry
+Co., Ltd. (“Zabuye Lithium")
+西藏日喀則紮布耶鋰業高科技有限
+公司(「紮布耶鋰業」)
+18%
+人民幣 中國/中國內地
+20,000,000
+of agricultural products
+10,000,000
+installation, operation of electric
+vehicle charging infrastructure, and
+sale of electricity
+電力工程設計、電力車安裝及運行及
+充電基礎設施、電力出售
+深電能科技集團有限公司
+(「深電能」)
+人民幣 中國/中國內地
+200,000,000
+Shenzhen Qianhai Green
+Transportation Co., Ltd.
+RMB20,000,000 PRC/
+19%
+14%
+19%
+Car rental, public transportation
+Mainland China
+vehicle maintenance and repairs
+Electric power engineering design,
+太陽能生態系統矯正農產品
+出租車服務、電力車租賃、電力車充電
+基礎設施
+40%
+Hangzhou Xihu New Energy
+RMB50,000,000 PRC/
+29%
+29%
+29%
+Taxi service, electric vehicle
+Auto Operation Co., Ltd.
+(“Hangzhou Xihu Operation")
+杭州西湖新能源汽車運營有限公司
+(「杭州西湖運營」)
+Shendianneng Technology Group
+Co., Ltd. ("Shendianneng")
+Mainland China
+rental, electric vehicle charging
+infrastructure
+人民幣 中國/中國內地
+50,000,000元
+RMB200,000,000 PRC/
+40%
+20%
+Mainland China
+During the year ended 31 December 2021, the Group
+received dividends in the amounts of RMB405,900 (2020:
+RMB12,123,000) from the above investments.
+以下載列本集團合同資產使用撥備矩陣的信
+貸風險資料:
+3.91%
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+25.
+TRADE RECEIVABLES (CONTINUED)
+Set out below is the information about the credit risk
+exposure on the Group's trade receivables using a
+provision matrix:
+New energy business (including subsidies to new
+energy automobile products)
+25.
+應收貿易賬款(續)
+以下載列本集團應收貿易賬款使用撥備矩陣
+的信貸風險資料:
+新能源業務(包括新能源汽車產品的補貼)
+Ageing as at 31 December 2021
+於二零二一年十二月三十一日的賬齡
+Within
+Two
+one
+year
+One to
+two years
+to three
+Over three
+years
+years
+Total
+一年內
+比亞迪股份有限公司
+一至兩年
+232
+2.00%
+2,244,912
+於二零二零年十二月三十一日
+Gross
+Expected
+carrying
+credit
+amount
+losses
+預期
+賬面總值
+(RMB'000)
+(人民幣千元)
+1,578,142
+39,896,701
+Expected
+credit
+loss rate
+信貸虧損
+(RMB'000)
+(人民幣千元)
+預期信貸
+虧損率
+1,369,575
+797,372
+41,474,843
+2,166,947
+86.78%
+BYD Company Limited
+37,838,050
+兩至三年
+合計
+year
+一年內
+two years
+一至兩年
+years
+years
+Total
+兩至三年
+三年以上
+合計
+1.19%
+1.93%
+8,126,585
+10,594,970
+97,053
+211,973
+2.38%
+2,708,191
+64,483
+10.13%
+405,631
+1.87%
+22,195,377
+41,103
+414,612
+Annual Report 2021
+二零二一年年報
+233
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+25.
+TRADE RECEIVABLES (CONTINUED)
+Over three
+三年以上
+to three
+one
+Expected credit loss rate
+預期信貸虧損率
+1.93%
+2.72%
+Gross carrying amount (RMB'000)
+賬面總值(人民幣千元)
+9,359,356
+8,040,930
+Expected credit losses (RMB'000)
+預期信貸虧損(人民幣千元)
+180,922
+218,364
+3.11%
+4,912,677
+152,919
+11.64%
+1,865,520
+217,055
+3.18%
+24,178,483
+769,260
+Expected credit loss rate
+預期信貸虧損率
+Gross carrying amount (RMB'000)
+賬面總值(人民幣千元)
+Expected credit losses (RMB'000)
+預期信貸虧損(人民幣千元)
+Ageing as at 31 December 2020
+於二零二零年十二月三十一日的賬齡
+Within
+Two
+One to
+25.
+3.19%
+36,461,387
+The government subsidies of new energy automobiles
+sales are included in the above trade receivables.
+35,593,138
+39,307,896
+The movements in the loss allowance for impairment of
+trade receivables are as follows:
+上述應收貿易賬款含新能源汽車銷售政府補
+貼款。
+應收貿易賬款減值虧損撥備的變動載列如
+下:
+At beginning of year
+Impairment losses, net
+Amount written off as uncollectible
+Exchange realignments
+At end of year
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+於年初
+2,166,947
+1,563,415
+減值虧損淨值
+408,122
+648,770
+撇銷無法收回的金額
+匯兌調整
+(320,565)
+(43,675)
+(9,592)
+(1,563)
+於年末
+696,082
+2,244,912
+1,942,461
+Over three years
+Annual Report 2021
+二零二一年年報
+229
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+25. TRADE RECEIVABLES (CONTINUED)
+25.
+應收貿易賬款(續)
+The ageing analysis of the trade receivables as at the end
+of the reporting period, based on the invoice date and net
+of loss allowance, is as follows:
+於報告期末,按發票日期及扣除虧損撥備的
+應收貿易賬款的賬齡分析如下:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Within one year
+一年內
+20,831,471
+24,517,088
+One to two years
+一至兩年
+7,979,930 11,429,333
+Two to three years
+兩至三年
+4,839,276
+2,665,393
+三年以上
+1,162,245
+2,166,947
+230
+As at 31 December 2020
+Individually assessed
+個別評估
+Based on provision matrix
+採用撥備矩陣
+於二零二一年十二月三十一日
+Gross
+Expected
+Expected
+carrying
+credit
+amount
+losses
+credit
+loss rate
+預期
+預期信貸
+賬面總值
+信貸虧損
+(RMB'000)
+(RMB'000)
+(人民幣千元)
+(人民幣千元)
+虧損率
+1,376,663
+1,082,667
+78.64%
+採用撥備矩陣
+BYD Company Limited
+Based on provision matrix
+Individually assessed
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+25.
+TRADE RECEIVABLES (CONTINUED)
+25.
+應收貿易賬款(續)
+There are no significant changes in the loss allowance.
+The increase in the loss allowance of 2020 was due
+to the following: 1) increase in the loss allowance of
+RMB441,315,000 as a result of an increase in trade
+receivables whose credit risk exposure was individually
+assessed; and 2) an increase in ECLS resulted in increase
+in the loss allowance of trade receivables.
+虧損撥備並無重大變動。
+二零二零年虧損撥備增加乃由於下列原因:
+1)信貸風險敞口獲單獨評估的應收貿易賬款
+增加導致虧損撥備增加人民幣441,315,000
+元;及2)預期信貸虧損增加導致應收貿易賬
+款的虧損撥備增加。
+An impairment analysis is performed at each reporting
+date using a provision matrix or individually assessed
+to measure expected credit losses. For certain trade
+receivables for which the counterparty failed to make
+demanded repayment, the Group made provision
+individually. For others using provision matrix method, the
+provision rates of the provision matrix are based on the
+invoice date for groupings of various customer segments
+with similar loss patterns by product type. The calculation
+reflects the probability-weighted outcome, the time value of
+money and reasonable and supportable information that is
+available at the reporting date about past events, current
+conditions and forecasts of future economic conditions.
+於各報告日期採用撥備矩陣或個別評估進行
+減值分析,以計量預期信貸虧損。對於對手
+方未能按要求償款的若干應收貿易賬款而
+言,本集團單獨計提撥備。對於其他使用撥
+備矩陣方法的應收貿易賬款,矩陣之撥備率
+乃基於按產品類型劃分具有類似虧損模式的
+多個客戶分部組別的發票日期的天數。該計
+算反映了概率加權結果、貨幣時間價值及於
+報告日可獲得的有關過去事件、當前狀況及
+未來經濟狀況預測的合理可支持性資料。
+Annual Report 2021
+二零二一年年報
+231
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+25.
+TRADE RECEIVABLES (CONTINUED)
+25.
+應收貿易賬款(續)
+Set out below is the information about the credit risk
+exposure on the Group's trade receivables using a
+provision matrix:
+以下載列本集團應收貿易賬款使用撥備矩陣
+的信貸風險資料:
+As at 31 December 2021
+個別評估
+8,838,973
+應收貿易賬款(續)
+非新能源業務
+5,141,391
+1,987,573
+724,350
+46,166
+45,944
+15,038,908
+5,911,685
+At 31 December 2021, an impairment loss of
+RMB95,466,000 (2020:RMB95,422,000) has been
+provided, including a full provision for a deposit of
+RMB94,616,000 (2020: RMB94,616,000) paid to a supplier.
+於二零二一年十二月三十一日,已作出減
+值虧損撥備人民幣95,466,000元(二零二零
+年:人民幣95,422,000元),包括就支付一
+名供應商的按金人民幣94,616,000元(二零
+二零年:人民幣94,616,000元)計提全額撥
+備。
+BYD Company Limited
+236
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+28. CONTRACT ASSETS
+28.
+合同資產
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Contract assets arising from:
+Sale of goods and construction services.
+由下列項目產生的合同資產:
+銷售商品及建造服務
+8,838,973
+13,005,169
+5,635,217
+僱員借貸
+(95,422)
+十二月三十一日 | 十二月三十一日
+RMB'000
+RMB'000
+人民幣千元
+人民幣千元
+Non-current portion
+非即期部分
+Prepayment for items of property,
+物業、廠房及設備項目的預付款項
+6,030,978
+2,561,700
+plant and equipment
+Others
+其他
+12,347,871
+108,418
+Current portion
+Deposits and other receivables
+Impairment
+Prepayments
+Loans to employees
+18,378,849
+2,670,118
+即期部分
+按金及其他應收賬款
+減值
+13,100,635
+5,236,813
+(95,466)
+預付款項
+二零二零年
+Impairment
+(345,591)
+合同資產的減值虧損撥備之變動如下:
+At beginning of year
+於年初
+Impairment losses, net
+減值虧損淨值
+At end of year
+於年末
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+289,112
+74,746
+56,479
+214,366
+345,591
+289,112
+An impairment analysis is performed at each reporting date
+to measure expected credit losses. The Group applies the
+simplified approach in calculating expected credit losses.
+Set out below is the information about the credit risk
+exposure on the Group's contract assets using a provision
+matrix:
+於各報告日期進行減值分析,以計量預期信
+貸虧損。本集團應用簡化法計算預期信貸虧
+損。
+2021
+二零二一年
+2020
+二零二零年
+Expected credit loss rate
+Gross carrying amount (RMB'000)
+Expected credit losses (RMB'000)
+預期信貸虧損率
+賬面總值(人民幣千元)
+The movement in the loss allowance for impairment of
+contract assets is as follows:
+減值
+28. 合同資產(續)
+28.
+(289,112)
+8,493,382
+5,346,105
+The increase in the net carrying amount of contract
+assets in 2021 and 2020 was the result of the increase
+in the ongoing sale of goods at the end of each of
+the years. During the year ended 31 December 2021,
+RMB345,591,000 (2020: RMB289,112,000) was recognised
+as an allowance for expected credit losses on contract
+assets. The Group's trading terms and credit policy with
+customers are disclosed in note 25 to the consolidated
+financial statements.
+The expected timing of recovery or settlement for contract
+assets as at 31 December is as follows:
+二零二一年及二零二零年合同資產賬面淨值
+增加的原因為各年末商品銷售持續增加所
+致。截至二零二一年十二月三十一日止年
+度,人民幣345,591,000元(二零二零年:人
+民幣289,112,000元)已確認為合同資產預期
+信貸虧損撥備。本集團與客戶的貿易條款及
+信貸政策披露於合併財務報表附註25。
+於十二月三十一日,合同資產的預計收��或
+結算時間如下:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Within one year
+一年內
+8,588,942
+After one year
+一年後
+5,588,617
+250,031
+46,600
+8,838,973
+5,635,217
+Annual Report 2021
+二零二一年年報
+237
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+CONTRACT ASSETS (CONTINUED)
+Non-new energy business
+2020
+二零二一年
+Expected credit losses (RMB'000)
+預期信貸虧損(人民幣千元)
+61,641
+103,632
+27,643
+200,069
+392,985
+Ageing as at 31 December 2020
+於二零二零年十二月三十一日的賬齡
+Within
+Two
+one
+One to
+to three
+Over three
+year
+two years
+years
+years
+Total
+一年內
+一至兩年
+兩至三年
+三年以上
+合計
+Expected credit loss rate
+預期信貸虧損率
+12,282,904
+0.44%
+200,069
+260,996
+Ageing as at 31 December 2021
+於二零二一年十二月三十一日的賬齡
+Within
+Two
+one
+year
+One to
+two years
+to three
+Over three
+years
+years
+Total
+一年內
+一至兩年
+兩至三年
+三年以上
+合計
+Expected credit loss rate
+預期信貸虧損率
+0.53%
+39.71%
+25.80%
+100%
+3.20%
+Gross carrying amount (RMB'000)
+賬面總值(人民幣千元)
+11,714,678
+107,161
+31 December
+11.01%
+96.73%
+銀行承兌票據
+貿易應收款項
+13,834
+6,135,372
+8,930,479
+2,647,025
+8,782,397
+8,944,313
+Less: other comprehensive income
+change in fair value
+減:其他綜合收益-公允價值變動
+39,271
+81,973
+8,743,126
+8,862,340
+The Company has changed the business model for
+a portion of its receivables to target both to receive
+the contractual cash flows when due and the sales.
+Accordingly, this portion of the receivables is classified as
+a financial asset at fair value through other comprehensive
+income (which can be reclassified to profit or loss in
+subsequent periods).
+The Group reclassified bills receivable into financial
+assets at fair value through other comprehensive income,
+presented as receivables financing. As of 31 December
+2021, the accumulated impairment provision for receivables
+financing provided by the Group was RMB7,990,000(31
+December 2020: RMB13,878,000).
+本公司將應收款項中的部分應收賬款的業務
+模式既以到期收取合同現金流量為目標又以
+出售為目標。因此,將該部分應收賬款分類
+為以公允價值計量且變動計入其他綜合收益
+(以後期間可重分類至損益)的金融資產。
+本集團將應收票據重新分類至以公允價值計
+量並計入其他綜合收益的金融資產,呈列為
+應收款項融資。截至二零二一年十二月三十
+一日,本集團就應收款項融資計提的累計減
+值撥備人民幣7,990,000元(二零二零年十二
+月三十一日:人民幣13,878,000元)。
+Annual Report 2021
+二零二一年年報
+235
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+PREPAYMENTS, OTHER RECEIVABLES AND 27. 預付款項、其他應收賬款及其他資產
+27.
+OTHER ASSETS
+31 December
+2021
+Trade receivables
+27.65%
+Bank acceptance bills
+Commercial acceptance bills
+2.16%
+Gross carrying amount (RMB'000)
+賬面總值(人民幣千元)
+16,591,434
+820,216
+87,868
+201,806
+17,701,324
+Expected credit losses (RMB'000)
+預期信貸虧損(人民幣千元)
+72,975
+90,285
+24,293
+195,207
+382,760
+BYD Company Limited
+234
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+26. RECEIVABLES FINANCING
+26. 應收款項融資
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+商業承兌票據
+預期信貸虧損(人民幣千元)
+(345,591)
+財務報表附註
+1,804,913
+1,168,475
+(73,823)
+(41,273)
+1,878,736
+1,209,748
+2020
+長期應收賬款
+減值
+Long-term receivables
+Impairment
+二零二一年
+RMB'000
+人民幣千元
+During the year, the discount rate used for recognising
+2021
+29. LONG-TERM RECEIVABLES
+二零二一年十二月三十一日
+31 December 2021
+Notes to Financial Statements
+比亞迪股份有限公司
+238
+BYD Company Limited
+(289,112)
+5,635,217
+5.13%
+29. 長期應收賬款
+goods sold by instalments ranged from 4.75% to 4.90%
+(2020: 4.75% to 4.90%).
+二零二零年
+RMB'000
+人民幣千元
+long-term receivables are as follows:
+73,823
+41,273
+49,907
+(32,550)
+The movements in the loss allowance for impairment of
+73,823
+RMB'000
+人民幣千元
+二零二零年
+二零二一年
+RMB'000
+人民幣千元
+2020
+2021
+23,916
+At end of year
+於年末
+年內,確認分期收款銷售貨品採用的折現率
+介乎4.75%至4.90%(二零二零年:4.75%至
+4.90%) •
+。
+At beginning of year
+於年初
+長期應收賬款的減值虧損撥備變動如下:
+(減值虧損轉回)/
+減值虧損淨值
+impairment losses, net
+(Reversal of impairment losses)/
+1,571,269
+1M LIBOR±80bps-
+12M LIBOR±140bps
+3M LIBOR±100bps-
+二零二一年
+2021
+766,826
+3M LIBOR±130bps
+3個月倫敦銀行
+同業拆息±130個基點
+二零二一年
+1個月倫敦銀行
+同業拆息±80個基點
+3個月倫敦銀行
+−12個月倫敦銀行
+同業拆息±140個基點
+Current portion of long-term
+銀行貸款 - 無抵押
+bank loans secured
+同業拆息±100個基點
+Bank loans unsecured
+(iii)
+15,633,864
+長期銀行貸款的流動部分-
+有抵押
+二零二零年十二月三十一日
+Effective
+Maturity/Notes
+RMB'000
+實際利率(%) 還款期限/附註
+人民幣千元
+二零二二年
+Current
+Bank loans unsecured
+銀行貸款-無抵押
+0.90-3.55
+2022
+8,633,089
+1.06-4.13
+2021
+流動
+3.00-4.75
+4.98-5.17(e), (f) and (g)
+(e)、(f)及(g)
+21,304
+(d),(h),
+7,078,970
+(i) and (j)
+31 December 2020
+3,992,136
+(d)、(h)、
+(i)、及(j)
+4.60-4.87
+22,939,346
+Non-current
+非流動
+Bank loans secured
+銀行貸款 - 有抵押
+4.75
+2025
+90,137
+27,644,643
+2022
+公司債券- 無抵押
+23,652,507
+3.00-4.75
+2021
+3,941,817
+二零二二年
+二零二一年
+Current portion of long-term
+bank loans unsecured
+Corporate bonds - unsecured
+長期銀行貸款的流動部分-
+無抵押
+2022
+二零二二年
+5,634,714
+3.40-5.46
+2021
+3,310,000
+二零二一年
+15,860,376
+1.70-6.60
+(%)
+4,200,152
+實際利率(%) 還款期限/附註
+二零二一年十二月三十一日
+34.
+CONTRACT LIABILITIES
+34.
+合同負債
+Details of contract liabilities as at 31 December 2021 and
+2020 are as follows:
+於二零二一年及二零二零年十二月三十一日
+合同負債的詳情如下:
+31 December
+31 December
+1 January
+2021
+2020
+2020
+於
+於
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+截至二零二一年
+31 December 2021
+十二月三十一日
+止年度
+Foreign currency
+外幣存款
+136,896
+於
+(34,224) 102,672
+deposit
+不適用
+(136,896) 34,224 (102,672) Other income
+and gains
+其他收入及收益
+BYD Company Limited
+244
+N/A
+十二月三十一日 | 十二月三十一日
+二零二一年
+RMB’000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+4,502,139
+合同負債主要為達成履約責任之前預先從客
+戶收到的款項。該合同的相關收入於本集團
+達成履約責任時確認。在大多數情況下,本
+集團通常達成履約責任,並在收到客戶預付
+款項後的一年內確認收入。
+Annual Report 2021
+二零二一年年報
+245
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+8,185,888
+35.
+BORROWINGS
+31 December 2021
+二零二一年十二月三十一日
+Effective
+interest rate
+(%) Maturity/Notes
+interest rate
+INTEREST-BEARING BANK AND OTHER 35. 計息銀行及其他借款
+RMB'000
+人民幣千元
+14,721,038
+Contract liabilities mainly represent receipts in advance
+from customers prior to the satisfaction of performance
+obligations. The relevant income from such contract
+is recognised upon satisfaction of the performance
+obligations by the Group. In most cases, the Group
+generally satisfies the performance obligations and
+一月一日
+二零二零年
+RMB'000
+人民幣千元
+Short-term advances received
+已收客戶短期墊款
+from customers
+Sale of housing
+Sale of goods
+銷售房產
+recognises the income within one year upon receipt of
+payment in advance from customers.
+銷售商品
+724,040
+301,987
+13,807,310
+7,461,848
+3.00-4.75
+Total contract liabilities
+合同負債總值
+913,728
+2025
+10,789,958
+二零二五年
+there is no mortgage over certain of the Group's
+motor vehicles with an aggregate carrying
+value at the end of the reporting period (2020:
+RMB1,781,000) (note 14).
+(ii)
+本集團於報告期末的若干運輸
+工具抵押賬面總值為零(二零二
+零年:人民幣1,781,000元)(附
+註14)。
+In addition, the Company has guaranteed certain of the
+Group's bank loans of up to RMB16,730,494,000 (2020:
+RMB27,967,203,000) as at the end of the reporting
+此外,本公司於報告期末已為本集團最
+多為人民幣16,730,494,000元(二零二
+零年:人民幣27,967,203,000元)的若
+干銀行貸款作出擔保。
+period.
+(b)
+The carrying amounts of the Group's and the
+Company's bank borrowings approximate to their fair
+values.
+(b)
+本集團及本公司的銀行借款的賬面值與
+其公允價值相若。
+(c)
+Except for bank loans of RMB2,172,057,000(2020:
+RMB1,375,451,000) which are denominated in United
+States dollars ("US$"), all borrowings are denominated
+in RMB.
+(C)
+除金額為人民幣2,172,057,000元(二
+零二零年:人民幣1,375,451,000元)
+的銀行貸款以美元計值,所有借款均以
+人民幣計值。
+(d)
+(ii)
+本集團於報告期末的若干永久
+業權土地及樓宇抵押賬面總值
+約為人民幣182,646,000元(二
+零二零年:人民幣191,209,000
+元)(附註14)。
+(i)
+mortgages over certain of the Group's freehold
+land and buildings with an aggregate carrying
+value at the end of the reporting period
+of approximately RMB182,646,000 (2020:
+RMB191,209,000) (note 14);
+33,729,304 51,270,597
+35.
+Annual Report 2021
+二零二一年年報
+247
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+On 15 June 2017, the Company issued
+RMB1,500,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2022 and bear a fixed
+interest rate of 4.87% per annum to be paid annually.
+Investors have the right to sell back all or part of
+their bonds at par value to the Company on the third
+interest_payment date (15 June 2020),or release the
+INTEREST-BEARING BANK AND OTHER 35.
+BORROWINGS (CONTINUED)
+Notes:
+附註:
+(a) Certain of the Group's bank loans are secured by:
+(a)
+本集團若干銀行貸款乃以下列各項抵
+押:
+(i)
+計息銀行及其他借款(續)
+investor sell-back option. The bonds were listed on the
+Shenzhen Stock Exchange on 14 July 2017.
+(d)
+於二零一七年六月十五日,本公司發行
+人民幣1,500,000,000元的公司債券。
+債券於二零二二年到期,為期五年,
+按固定年利率4.87%計息,每年付息一
+次。投資者有權於第三個付息日(二零
+二零年六月十五日)按面值向本公司售
+回其全部或部分債券,或放棄投資者售
+回選擇權。本債券於二零一七年七月十
+四日在深圳證券交易所上市。
+of their bonds at par value to the Company on the third
+interest payment date (12 April 2021), or release the
+investor sell-back option. The bonds were listed on the
+Shenzhen Stock Exchange on 4 June 2018.
+On 22 August 2018, the Company issued
+RMB1,600,000,000 corporate bonds. The bonds have
+a maturity of four years due in 2022 and bear interest
+at a fixed interest rate of 5.75% per annum to be paid
+annually. Investors have the right to sell back all or
+part of their bonds at par value to the Company on
+the second interest payment date (22 August_2020),
+or release the investor sell-back option. The bonds
+were listed on the Shenzhen Stock Exchange on
+25 September 2018. As of 31 December 2020,the
+corporate bonds had been repaid in full.
+On 18 December 2018,the Company issued
+RMB1,000,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2023 and bear interest
+at a fixed interest rate of 4.98% per annum to be paid
+annually. Investors have the right to sell back all or part
+of their bonds at par value to the Company on the third
+interest payment date (21 December 2021), or release
+the investor sell-back option. The bonds were listed on
+the Shenzhen Stock Exchange on 29 January 2019.
+On 22 February 2019, the Company issued
+RMB2,500,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2024 and bear interest
+at a fixed interest rate of 4.60% per annum to be paid
+annually. Investors have the right to sell back all or part
+of their bonds at par value to the Company on the third
+interest payment date (22 February 2022),or release
+the investor sell-back option. The bonds were listed on
+12 April 2018, the Company issued
+RMB3,000,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2023 and bear interest
+at a fixed interest rate of 5.17% per annum to be paid
+annually. Investors have the right to sell back all or part
+the Shenzhen Stock Exchange on 13 March 2019.
+(f)
+(g)
+(h)
+於二零一八年四月十二日,本公司發行
+人民幣3,000,000,000元的公司債券。
+債券於二零二三年到期,為期五年,
+按固定年利率5.17%計息,每年付息一
+次。投資者有權於第三個付息日(二零
+二一年四月十二日)按面值向本公司售
+回其全部或部分債券,或放棄投資者售
+回選擇權。本債券於二零一八年六月四
+日在深圳證券交易所上市。
+於二零一八年八月二十二日,本公司
+發行人民幣1,600,000,000元的公司債
+券。債券於二零二二年到期,為期四
+年,按固定年利率5.75%計息,每年付
+息一次。投資者有權於第二個付息日
+(二零二零年八月二十二日)按面值向本
+公司售回其全部或部分債券,或放棄投
+資者售回選擇權。本債券於二零一八年
+九月二十五日在深圳證券交易所上市。
+截至二零二零年十二月三十一日,該公
+司債券已悉數償付。
+於二零一八年十二月十八日,本公司
+發行人民幣1,000,000,000元的公司債
+券。債券於二零二三年到期,為期五
+年,按固定年利率4.98%計息,每年付
+息一次。投資者有權於第三個付息日
+(二零二一年十二月二十一日)按面值向
+本公司售回其全部或部分債券,或放棄
+投資者售回選擇權。債券於二零一九年
+一月二十九日在深圳證券交易所上市。
+於二零一九年二月二十二日,本公司
+發行人民幣2,500,000,000元的公司債
+券。債券於二零二四年到期,為期五
+年,按固定年利率4.60%計息,將每年
+付息一次。投資者有權於第三個付息日
+(二零二二年二月二十二日)按面值向本
+公司售回其全部或部分債券,或放棄投
+資者售回選擇權。債券於二零一九年三
+月十三日���深圳證券交易所上市。
+附註:(續)
+12,872,595
+(h)
+(f)
+BYD Company Limited
+248
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+(g)
+35.
+35.
+計息銀行及其他借款(續)
+BORROWINGS (CONTINUED)
+Notes:(continued)
+(e)
+On
+(e)
+INTEREST-BEARING BANK AND OTHER
+9,125,409
+(包括首尾兩年)
+8,880,459
+(k)
+2,046,439
+3.56-4.87
+Year ended
+33,729,304
+(d),(g), (h),
+(i) and (j)
+(d)、(g)、(h)、
+14,745,495
+3.56-5.17
+8,880,459
+23,625,954
+51,270,597
+BYD Company Limited
+246
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+(i)及(j)
+31 December 2021
+公司債券 - 無抵押
+8,743,519
+二零二五年
+Bank loans unsecured
+銀行貸款-無抵押
+2.70-5.80
+2025
+8,159,265
+3.10-6.60
+Corporate bonds - unsecured
+二零二五年
+14,635,875
+Bank loans unsecured
+銀行貸款-無抵押
+3M LIBOR±155bps
+494,117
+3個月倫敦銀行
+同業拆息±155個基點
+2030
+二零三零年
+109,620
+二零二一年十二月三十一日
+INTEREST-BEARING BANK AND OTHER
+Beyond five years
+第三至第五年內(包括首尾兩年)
+五年以後
+832,309
+8,708,194
+246,005
+Corporate bonds
+Within one year (notes (d), (h), (i) and (j))
+In the third to fifth years, inclusive
+In the second to fifth years (notes (k)),
+24,603,895
+38,398,002
+公司債券
+一年內(附註(d)、(h)、(i)及(j))
+第二至第五年內(附註(k))
+7,078,970
+3,992,136
+2,046,439
+inclusive
+35.
+5,791,296
+第二年內
+35.
+計息銀行及其他借款(續)
+BORROWINGS (CONTINUED)
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+7,911,210
+RMB'000
+人民幣千元
+Bank loans repayable:
+Within one year
+In the second year
+分析為:
+應償還銀行貸款:
+一年內
+15,860,376 23,652,507
+Analysed into:
+RMB’000
+RMB'000
+241
+已抵押存款
+(i)
+(528,128)
+(429,041)
+受限制銀行存款
+(!!)
+(109,109)
+(277,491)
+Cash and cash equivalents
+現金及現金等價物
+(iii) 49,819,860
+13,738,498
+Notes:
+附註:
+(i)
+減:
+Restricted bank deposits
+Pledged deposits
+Less:
+2020
+二零二一年
+二零二零年
+Notes
+附註
+RMB'000
+人民幣千元
+RMB'000
+At 31 December 2021, a bank deposit of
+RMB528,128,000 (2020: RMB429,041,000) was
+pledged for bank acceptance bills, letters of credit and
+other guarantee credit.
+人民幣千元
+現金及銀行結餘
+35,119,860 11,238,498
+Time deposits
+定期存款
+15,337,237
+3,206,532
+50,457,097 14,445,030
+Cash and bank balances
+(i)
+於二零二一年十二月三十一日,已就
+銀行承兌匯票、信用證及其他擔保信
+用證抵押銀行存款人民幣528,128,000
+元(二零二零年:人民幣429,041,000
+元)。
+(ii)
+An ageing analysis of the trade and bills payables as at the
+end of the reporting period, based on the invoice date, is
+as follows:
+於報告期末,應付貿易賬款及票據按發票日
+期的賬齡分析如下:
+Within three months
+三個月內
+Four to six months
+四至六個月
+應付貿易賬款及票據
+七個月至一年
+一至兩年
+Two to three years
+兩至三年
+Over three years
+三年以上
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+One to two years
+2021
+31.
+31.
+The balance of restricted bank deposits as at 31
+(ii)
+December 2021 mainly represented the balance of
+a guarantee deposit in the supervised accounts and
+frozen accounts.
+於二零二一年十二月三十一日的受限制
+銀行存款結餘主要指受監管賬戶和凍結
+賬戶中的保證金餘額。
+(iii)
+At the end of the reporting period, cash and cash
+equivalents of the Group denominated in Renminbi
+("RMB") amounted to RMB45,901,807,000 (2020:
+RMB10,887,983,000). The RMB is not freely convertible
+into other currencies. However, under Mainland
+China's Foreign Exchange Control Regulations and
+Administration of Settlement, Sale and Payment of
+Foreign Exchange Regulations, the Group is permitted
+to exchange RMB for other currencies through banks
+authorised to conduct foreign exchange business.
+Cash at banks earns interest at floating rates based on
+daily bank deposit rates. Most of the bank balances,
+TRADE AND BILLS PAYABLES
+pledged deposits and restricted bank deposits are
+於報告期末,本集團的現金及現金等價
+物以人民幣(「人民幣」)計值,達人民
+幣45,901,807,000元(二零二零年:人
+民幣10,887,983,000元)。雖然人民幣
+並不能自由兌換為其他貨幣但根據中國
+大陸的外匯管理條例及結匯、售匯及付
+匯管理規定,本集團獲准通過獲授權進
+行外匯業務的銀行兌換人民幣為其他貨
+幣。
+銀行存款按每日銀行存款利率賺取按浮息計
+算的利息。大部分銀行結餘、已抵押存款及
+受限制銀行存款存放於無近期拖欠款項記錄
+且信譽良好的銀行。
+Annual Report 2021
+二零二一年年報
+人民幣千元 人民幣千元人民幣千元
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一���
+deposited with creditworthy banks with no recent history of
+default.
+二零二零年
+及短期定期存款
+現金及現金等價物、受限制銀行存款
+(人民幣千元)
+Based on provision matrix
+採用撥備矩陣
+1,209,748
+As at 31 December 2020
+1,209,748
+Expected
+credit
+losses
+credit
+loss rate
+預期
+預期信貸
+虧損率
+信貸虧損
+(RMB'000)
+賬面總值
+amount
+carrying
+Annual Report 2021
+二零二一年年報
+239
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+29.
+LONG-TERM RECEIVABLES (CONTINUED)
+(RMB'000)
+29.
+Set out below is the information about the credit risk
+exposure on the Group's long-term receivables using a
+provision matrix:
+以下載列本集團長期應收賬款使用撥備矩陣
+的信貸風險資料:
+As at 31 December 2021
+於二零二一年十二月三十一日
+Gross
+Expected
+長期應收賬款(續)
+(人民幣千元)
+41,273
+3.41%
+信貸虧損
+(RMB'000)
+(人民幣千元)
+73,823
+3.93%
+1,878,736
+73,823
+虧損率
+BYD Company Limited
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+30. CASH AND CASH EQUIVALENTS, RESTRICTED
+30.
+240
+BANK DEPOSITS AND SHORT-TERM DEPOSITS
+預期信貸
+1,878,736
+41,273
+於二零二零年十二月三十一日
+Gross
+Expected
+carrying
+amount
+credit
+預期
+losses
+credit
+loss rate
+賬面總值
+(RMB'000)
+(人民幣千元)
+Based on provision matrix
+採用撥備矩陣
+Expected
+RMB'000
+Seven months to one year
+60,286,364 39,300,148
+Cash flow hedge - Foreign currency risk (continued)
+現金流對沖 - 外匯風險(續)
+The effects of the cash flow hedge on the statement of
+profit or loss and the statement of comprehensive income
+are as follows:
+現金流對沖對損益表及綜合收益表的影響如
+下:
+Total hedging gain/(loss)
+recognized in other
+Amount reclassified from
+衍生金融工具(續)
+comprehensive income
+to profit or loss
+於其他綜合收益表中確認的
+Hedge
+對沖收益/(虧損)總額
+ineffectiveness
+in the
+statement
+自其他綜合收益
+Line item
+重新分類至損益的金額
+33.
+33.
+Cash flow hedge - Foreign currency risk
+In 2021, the Group entered into a foreign currency forward
+contract with a notional amount of HK$43,556,000,000
+(equivalent to RMB36,299,236,000), under which the Group
+exchanged Hong Kong dollars for Renminbi at a fixed
+exchange rate of Hong Kong dollars to Renminbi for the
+purpose of hedging the exchange rate risk of the Hong
+Kong dollar deposits. Through the qualitative analysis, the
+Group determined that the ratio of the number of hedging
+instruments to the hedged items is 1:1 and there is no
+invalid hedging portion. The hedge accounting relationship
+was terminated in 2021.
+In_2020,the Group did not entered into any foreign
+currency forward contracts with designated hedge
+accounting relationships.
+非對沖衍生工具:
+DERIVATIVE FINANCIAL INSTRUMENTS
+(CONTINUED)
+本集團已訂立多份外匯遠期合同以管理匯率
+敞口,這些合同並不符合對沖會計處理之條
+件。非對沖衍生工具的公允價值變動收益約
+人民幣89,116,000元(二零二零年:虧損約
+人民幣57,555,000元),已於本年損益內扣
+除。衍生金融工具為一年內到期。
+人民幣千元
+於2020年,本集團無簽訂指定套期會計關係
+的外匯遠期合約。
+Annual Report 2021
+二零二一年年報
+243
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+現金流對沖 - 外匯風險
+financial instruments is within one year.
+other comprehensive income
+(gross
+總計
+於損益中確認的
+對沖無效部分
+損益表中的
+損益表中的
+行項目
+總額
+稅收影響
+稅收影響
+總計
+RMB'000
+RMB'000
+RMB'000
+RMB'000
+「人民幣千元人民幣千元人民幣千元
+人民幣千元
+RMB'000
+行項目(總額)
+Line item
+總額
+Total
+amount)
+in the
+Gross
+Tax
+recognized in
+of profit
+Gross
+profit or loss
+Tax
+amount
+effect
+Total
+profit or loss
+or loss
+amount
+effect
+statement of
+approximately RMB57,555,000). The maturity of derivative
+於二零二一年,本集團簽訂了名義金額
+為港幣43,556,000,000元(折合人民幣
+36,299,236,000元)的外匯遠期合約,根據
+該協議本集團以固定的港幣對人民幣匯率,
+用港幣換取人民幣,目的是對該港幣存款的
+匯率風險進行套期。本集團通過定性分析,
+確定套期工具與被套期項目的數量比例為
+1:1,無套期無效的部分。該項套期會計關係
+已於二零二一年終止。
+Non-hedging derivatives:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+The Group has entered into various foreign currency
+forward contracts to manage its exchange rate exposures,
+which did not meet the criteria for hedge accounting. Gains
+on changes in the fair value of non-hedging derivatives
+amounting to approximately RMB89,116,000 were
+charged to profit or loss during the year (2020: losses of
+43,562,010 10,700,809
+5,848,870
+4,835,248
+49,410,880
+Other payables have an average term of three months.
+其他應付款項平均期限為三個月。
+15,536,057
+BYD Company Limited
+242
+其他應付款項及應計費用
+32.
+Accrued payroll
+Other payables
+14,519,081
+7,281,323
+3,578,580
+2,606,167
+245,269
+399,682
+211,117
+比亞迪股份有限公司
+123,549
+80,761
+79,043,879 49,791,630
+The trade payables are non-interest-bearing and are
+應付貿易賬款乃不計息,一般按30日至180
+日期限內支付。
+normally settled within terms of 30 to 180 days.
+32.
+OTHER PAYABLES AND ACCRUALS
+203,468
+Notes to Financial Statements
+其他應付款項
+應計工資
+31 December 2021
+人民幣千元
+人民幣千元
+人民幣千元
+Foreign currency forward contracts
+外匯遠期合同
+31,600
+24
+人民幣千元
+57,541
+分類為流動部分:
+Foreign currency forward contracts
+外匯遠期合同
+31,600
+24
+24
+57,541
+財務報表附註
+RMB'000
+Portion classified as current:
+Liabilities
+負債
+二零二一年十二月三十一日
+33.
+DERIVATIVE FINANCIAL INSTRUMENTS
+33. 衍生金融工具
+二零二一年
+Assets
+2020
+2021
+資產
+負債
+資產
+RMB’000
+RMB'000
+RMB'000
+Liabilities
+二零二零年
+Assets
+於二零二零年四月二十二日,比亞迪獲
+中國證券監督管理委員會批准向合格投
+資者公開發行公司債券(第一期)(疫情
+防控債)(債券簡稱「20亞迪01」,債券
+代碼「149101」)(「證監許可[2020]58
+號」)。債券期限為5年期,附第3年末
+發行人調整票面利率選擇權和投資者
+回售選擇權。最終發行規模為人民幣
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+2,000,000,000元,票面利率為3.56%。
+250
+BYD Company Limited
+36. PROVISION
+於二零一九年八月九日,本公司發行人
+民幣2,500,000,000元的公司債券。債
+券於二零二四年到期,為期五年,按
+固定年利率4.80%計息,將每年付息一
+次。投資者有權於第三個付息日(二零
+二二年八月九日)按面值向本公司售回
+其全部或部分債券,或放棄投資者售回
+選擇權。債券於二零一七年八月十五日
+在深圳證券交易所上市。
+比亞迪股份有限公司
+36.
+於一月一日
+年度撥備
+Warranties
+保用
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+At 1 January
+Provision for the year
+1,938,689
+1,824,194
+1,228,609
+於二零一九年六月十七日,本公司發行
+人民幣1,000,000,000元的公司債券。
+債券於二零二四年到期,為期五年,按
+固定年利率4.86%計息,將每年付息一
+次。投資者有權於第三個付息日(二零
+二二年六月十四日)按面值向本公司售
+回其全部或部分債券,或放棄投資者售
+回選擇權。債券於二零一九年七月十一
+日在深圳證券交易所上市。
+撥備
+(k)
+812,806
+(i)
+(811,734)
+35.
+Annual Report 2021
+二零二一年年報
+249
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+INTEREST-BEARING BANK AND OTHER
+35.
+計息銀行及其他借款(續)
+BORROWINGS (CONTINUED)
+(j)
+Notes:(continued)
+On
+(j)
+(k)
+17 June 2019, the Company issued
+RMB1,000,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2024 and bear interest
+at a fixed interest rate of 4.86% per annum to be paid
+annually. Investors have the right to sell back all or part
+of their bonds at par value to the Company on the third
+interest_payment date (14 June 2022), or release the
+investor sell-back option. The bonds were listed on the
+Shenzhen Stock Exchange on 11 July 2019.
+On 9 August 2019, the Company issued
+RMB2,500,000,000 corporate bonds. The bonds have
+a maturity of five years due in 2024 and bear interest
+at a fixed interest rate of 4.80% per annum to be paid
+annually. Investors have the right to sell back all or part
+of their bonds at par value to the Company on the third
+interest payment date (9 August 2022), or release the
+investor sell-back option. The bonds were listed on the
+Shenzhen Stock Exchange on 15 August 2019.
+On 22 April 2020,BYD was approved by the China
+Securities Regulatory Commission to publicly issue
+corporate bonds (Phase I) (Epidemic Prevention and
+Control Bond) (abbreviated as “20YD01”,bond code
+“149101”) to qualified investors (“CSRC Approval
+[2020] No. 58″). The bonds had a term of 5 years, with
+the issuer's option to adjust the coupon rate and the
+investors' option to sell back at the end of the third
+year. The final issue size was RMB2,000,000,000,with
+a coupon rate of 3.56%.
+附註:(續)
+(i)
+Amounts utilised during the year
+(698,311)
+因可供動用上述項目的應課稅溢利被視為不
+大可能出現,下列項目並未確認為遞延稅項
+資產:
+190,687
+74,298
+share-based payments credited to
+以股份為基礎的
+capital reserves
+���付纍計餘額
+Total costs of equity-settled share-based
+期內以權益結算以股份為
+116,389
+74,298
+payments in the period
+計入資本儲備的以權益結算
+基礎的支付的總成本
+profit or loss
+以公允價值
+計量並計入
+損益的金融
+資產公允
+價值調整
+RMB'000
+人民幣千元
+以公允價值計量
+並計入其他綜合
+收益的權益投資
+公允價值調整
+RMB'000
+人民幣千元
+income
+disposal of
+comprehensive
+fair value
+through other
+arising from
+tax payment
+Deferred
+subsidiaries
+allowance
+remitted by
+Accumulated balance of equity-settled
+RMB'000
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+2,911,143
+2,728,143
+The Company completed the issuance of an aggregate of
+133,000,000 new H shares on January 28, 2021,and an
+aggregate of 50,000,000 new H shares on November 9,
+2021,with a par value of RMB1 per share, resulting in an
+increase in share capital of RMB183,000,000 and increase
+of share premium of RMB36,048,731,000.
+SHARE-BASED PAYMENT
+本公司於2021年1月28日完成發行總數為
+133,000,000股的新H股,於2021年11月9
+日完成發行總數為50,000,000股的新H股,
+每股面值人民幣1元,導致本年股本增加人
+民幣183,000,000元,股本溢價增加人民幣
+36,048,731,000
+人民幣千元
+41.
+Overview
+Equity-settled share-based payments are as follows:
+41.
+以股份為基礎的支付
+a.
+概述
+以權益結算以股份為基礎的支付如
+下:
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+a.
+(二零二零年:2,728,142,855股)
+每股面值人民幣1元的普通股
+to be
+the earnings
+73,867
+於二零二一年十二月三十一日
+At 31 December 2021
+遞延稅項
+comprehensive income during the year
+73,867
+73,867
+年內於其他綜合收益扣除的
+Deferred tax charged to other
+the year
+374,429
+10,671
+12,341 1,064,096
+10,671
+1,051,755
+年內於損益表扣除/(抵用)的
+遞延稅項
+the statement of profit or loss during
+Deferred tax charged/(credited) to
+二零二一年一月一日
+At 1 January 2021
+人民幣千元人民幣千元
+RMB'000
+RMB'000
+總計
+363,758
+anticipated
+1,415,513
+39.
+taxes on
+Withholding
+depreciation
+in excess of
+Depreciation
+through
+assets at
+of financial
+adjustments
+Fair value
+遞延稅項負債(續)
+12,341 1,512,392
+遞延稅項(續)
+at fair value
+of equity
+investments
+adjustments
+Fair value
+Deferred tax liabilities (continued)
+DEFERRED TAX (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+255
+Annual Report 2021
+二零二一年年報
+39.
+2,911,142,855股
+已註冊、發行及已繳足:
+ordinary shares of RMB1 each
+1,051,755
+12,341
+1,064,096
+BYD Company Limited
+256
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+39.
+於二零二零年十二月三十一日
+DEFERRED TAX (CONTINUED)
+For presentation purposes, certain deferred tax
+assets and liabilities have been offset with an amount
+of RMB902,826,000 (2020:RMB670,946,000) in the
+consolidated statement of financial position. The following
+is an analysis of the deferred tax balances of the Group for
+financial reporting purposes:
+39.
+遞延稅項(續)
+遞延稅項負債(續)
+作為呈列用途,若干遞延稅項資產及負債已
+於合併財務狀況表中與人民幣902,826,000
+元的金額抵銷 (二零二零年:人民幣
+670,946,000元)。下列為就財務報告用途的
+本集團遞延稅項結餘分析:
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+Net deferred tax assets recognised in the
+consolidated statement of financial position
+於合併財務狀況表中確認的
+遞延稅項資產淨額
+1,913,316
+Deferred tax liabilities (continued)
+1,768,975
+At 31 December 2020
+comprehensive income during the year
+折舊撥備的
+超額折舊
+RMB 000
+人民幣千元
+預期將由
+附屬公司
+匯出的盈利
+預扣稅
+RMB'000
+人民幣千元
+出售附屬公司
+產生的遞延
+支付稅費
+總計
+RMB'000
+RMB'000
+人民幣千元人民幣千元
+At 1 January 2020
+於二零二零年一月一日
+63,644
+遞延稅項
+Deferred tax charged/(credited) to
+年內於損益表扣除/(抵用)的
+遞延稅項
+810
+(810)
+542,503
+15,957
+509,252 (15,957)
+12,341 635,255
+492,485
+the year
+Deferred tax charged to other
+年內於其他綜合收益扣除的
+(63,644)
+(63,644)
+the statement of profit or loss during
+Net deferred tax liabilities recognised in the
+consolidated statement of financial position
+於合併財務狀況表中確認的
+遞延稅項負債淨額
+609,566
+3,862,193
+7,915,023
+6,978,107
+13,739,968
+10,840,300
+Pursuant to the PRC Corporate Income Tax Law, a 10%
+withholding tax is levied on dividends declared to foreign
+investors from foreign investment enterprises established
+in Mainland China. The requirement is effective from 1
+January 2008 and applies to earnings after 31 December
+2007. A lower withholding tax rate may be applied if there
+is a tax treaty between Mainland China and the jurisdiction
+of the foreign investors. The Group is therefore liable
+for withholding taxes on dividends distributed by those
+subsidiaries established in Mainland China in respect of
+earnings generated from 1 January 2008.
+As at 31 December 2021, there were no deferred tax
+liabilities recognised on earnings anticipated to be
+remitted by certain subsidiaries in the foreseeable future
+(2020:Nil).No withholding tax has been provided for
+the earnings of approximately RMB22,644,294,000(2020:
+RMB21,008,792,000) as these earnings are expected to
+be retained by the PRC subsidiaries and not to be remitted
+to a foreign investor in the foreseeable future based on
+several factors, including management's estimation of
+liquid funds available other than in the Mainland.
+根據中國企業所得稅法,就於中國內地成立
+的外資企業向海外投資者宣派的股息徵收
+10%的預扣稅。該規定於二零零八年一月一
+日起生效,適用於二零零七年十二月三十一
+日後錄得的盈利。倘若中國大陸與外國投資
+者的司法權區簽訂稅務協定,則可能採用較
+低預扣稅稅率。因此,本集團須就於中國內
+地成立的附屬公司有關自二零零八年一月一
+日起產生的盈利派發的股息繳納預扣稅。
+於二零二一年十二月三十一日,並無就預
+計若干附屬公司於可預見未來將匯出的盈
+利確認遞延稅項負債(二零二零年:無)。
+根據管理層對可得流動資金(內地除外)估
+計在內的多項因素,由於本集團預期該等
+盈利將由中國附屬公司保留且不會於可預見
+未來匯給境外投資者,故並無就盈利約人民
+幣22,644,294,000元(二零二零年:人民幣
+21,008,792,000元)計提預扣稅。
+BYD Company Limited
+5,824,945
+258
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+40. SHARE CAPITAL
+Shares
+40.
+股本
+股份
+Authorised, issued and fully paid:
+2,911,142,855 (2020: 2,728,142,855)
+比亞迪股份有限公司
+RMB'000
+人民幣千元
+2020
+二零二零年
+2021
+二零二一年
+RMB'000
+人民幣千元
+393,150
+The Group has recognised deferred tax assets related to
+tax losses arising in Mainland China of RMB3,608,895,000
+(2020:RMB1,130,562,000) that will expire in one to ten
+years for offsetting against future taxable profits.
+The Group has accumulated tax losses arising in Mainland
+China of RMB5,687,896,000 (2020: RMB3,696,763,000)
+that will expire in one to ten years for offsetting against
+future taxable profits. The Group has tax losses of
+RMB137,049,000 (2020:RMB165,430,000) arising from
+other jurisdictions that will expire in one to eight years
+for offsetting against future taxable profits. Deferred tax
+assets have not been recognised in respect of these losses
+as they have arisen in subsidiaries that have been loss-
+making for some time and it is not considered probable
+that taxable profits will be available against which the tax
+losses can be utilised.
+本集團在中國大陸確認遞延所得稅資產相關
+的稅務虧損人民幣3,608,895,000元(二零二
+零年:人民幣1,130,562,000元)可於一至十
+年內抵銷未來應課稅溢利。
+本集團於中國大陸產生的累計稅項虧損為人
+民幣5,687,896,000元(二零二零年:人民幣
+3,696,763,000元)可於一至十年內抵銷未來
+應課稅溢利。本集團於其他司法權區產生的
+稅項虧損為人民幣137,049,000元(二零二零
+年:人民幣165,430,000元)可於一至八年內
+抵銷未來應課稅溢利。由於此等虧損乃來自
+仍在虧損的附屬公司,且認為不大可能產生
+應課稅溢利以沖銷可動用稅項虧損,故並未
+就此確認遞延稅項資產。
+Annual Report 2021
+二零二一年年報
+257
+Notes to Financial Statements
+財務報表附註
+39.
+DEFERRED TAX (CONTINUED)
+Deferred tax liabilities (continued)
+Deferred tax assets have not been recognised in respect
+of the following items as it is not considered probable that
+taxable profits will be available against which the above
+items can be utilised:
+31 December 2021
+二零二一年十二月三十一日
+39.
+遞延稅項(續)
+遞延稅項負債(續)
+年內已動用金額
+Tax losses
+稅項虧損
+Deductible temporary differences
+可扣稅暫時性差異
+支付稅費
+產生的遞延
+出售附屬公司
+預期將由
+附屬公司
+匯出的盈利
+預扣稅
+RMB'000
+人民幣千元
+(10,070)
+1,714,998
+4,483,258
+(804)
+Various government grants have been received for
+basic research and development activities. Government
+grants received for which related expenditure has not yet
+been undertaken are included in deferred income in the
+consolidated statement of financial position. A certain grant
+received relates to an asset is also credited to deferred
+income and is released to profit or loss over the expected
+useful life of the relevant asset by equal annual instalments
+於十二月三十一日
+調撥至損益
+年內已還
+年內已收
+At 31 December
+Released to profit or loss
+Returned during the year
+(2,270,594)
+Received during the year
+2,269,176
+於一月一日
+人民幣千元
+RMB'000
+2020
+二零二零年
+2021
+二零二一年
+RMB'000
+人民幣千元
+At 1 January
+本年度與政府補助及補貼相關的遞延收入變
+動如下:
+grants and subsidies during the year are as follows:
+The movements in deferred income related to government
+2,269,176
+2,232,101
+4,481,036
+4,481,036
+2,269,176
+transactions
+grants
+Tax
+intercompany provision for
+depreciation Impairment Government
+of assets
+allowance
+profits from Accruals and
+in excess of
+Unrealised
+Depreciation
+遞延稅項資產
+(1,667,853)
+Deferred tax assets
+The movements in deferred tax assets and liabilities during
+the year are as follows:
+遞延稅項
+39.
+DEFERRED TAX
+39.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+253
+Annual Report 2021
+二零二一年年報
+已就基本研究及開發活動收取多項政府補
+助。與尚未動用開支有關之已收政府補助已
+計入合併財務狀況表的遞延收入。若干與資
+產相關之已收政府補助亦已計入遞延收入,
+並在相關資產使用年期內每年按等額分期調
+撥至損益。
+年內的遞延稅項資產及負債變動如下:
+warranties
+政府補助及補貼
+二零二零年
+RMB'000
+人民幣千元
+2,922,108
+投資購回權*
+財務擔保合同
+其他
+Financial guarantee contracts
+Others
+Investment repurchase right*
+RMB'000
+人民幣千元
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+其他負債
+37.
+31 December 2021
+二零二一年十二月三十一日
+2,772,729
+財務報表附註
+251
+Annual Report 2021
+二零二一年年報
+OTHER LIABILITIES
+37.
+本集團對汽車提供保用,並承諾維修或更換
+運行不良的產品部件。撥備為保用的數額乃
+基於銷售量以及過往維修程度及退換記錄而
+作出估計。估計基準乃經持續審查並於適當
+時作修訂。
+is reviewed on an ongoing basis and revised where
+appropriate.
+The Group provides warranties on automobiles and the
+undertaking to repair or replace items that fail to perform
+satisfactorily. The amount of the provision for the warranties
+is estimated based on sales volumes and past experience
+of the level of repairs and returns. The estimation basis
+1,938,689
+2,355,564
+於十二月三十一日
+At 31 December
+Notes to Financial Statements
+Government grants and subsidies
+14,035
+192,239
+二零二一年
+RMB'000
+人民幣千元
+2020
+2021
+遞延收入
+38.
+38. DEFERRED INCOME
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+36,179
+252
+財務擔保合同之信貸風險獲分類至第一級。
+於本年度,概無於級間的轉撥 (二零二零
+年:無)。
+財務擔保合同乃按預期信貸虧損準備及初步
+確認金額減已確認收入之累計金額(以較高
+者為準)計量。預期信貸虧損乃按現金短缺
+之估計計量,其乃根據補償融資機構就所產
+生信貸虧損之預期款項,減任何本集團預期
+從若干客戶收取之任何金額計算。初步確認
+金額為屬非重大之財務擔保合同於初步確認
+之公允價值。
+財務擔保合同指就授予客戶的融資而向金融
+機構作出的擔保。
+二零二零年五月二十六日,比亞迪召開
+第六屆董事會第三十八次會議,審議通
+過了《關於控股子公司引入戰略投資者
+的議案》,同意本公司及本集團之子公
+司比亞迪半導體與第三方戰略投資者
+簽署《投資協議》及《股東協議》及其附
+件。協議約定在一定條件下,比亞迪需
+承擔以固定金額回購戰略投資者對比亞
+迪半導體所投資股權的義務。截至二零
+二一年十二月三十一日止年度,該義務
+的現值金額為人民幣2,922,108,000元
+(二零二零年十二月三十一日:人民幣
+2,772,729,000)
+The credit exposure of the financial guarantee contracts
+is classified as stage 1. During the year, there were no
+transfers between stages (2020: Nil).
+The financial guarantee contracts are measured at the
+higher of the expected credit loss allowance and the
+amount initially recognised less the cumulative amount of
+income recognised. The expected credit loss allowance
+is measured by estimating the cash shortfalls, which are
+based on the expected payments to reimburse the financial
+institutions for a credit loss incurred less any amounts that
+the Group expects to receive from certain customers. The
+amount initially recognised representing the fair value at
+initial recognition of the financial guarantee contracts was
+not significant.
+The financial guarantee contracts represent guarantees
+given to financial institutions in connection with facilities
+granted to customers.
+RMB2,772,729,000).
+On 26 May 2020, BYD held the 38th Meeting of the
+Sixth Session of the Board and the "Resolution on the
+Introduction of Strategic Investors by the Controlled
+Subsidiary" was considered and approved. It agreed
+that the Company and BYD Semiconductor entered
+into the Investment Agreement and the Shareholders'
+Agreement and appendices thereof with other strategic
+investors. Pursuant to the above agreements, the
+Company shall repurchase the equity interests of
+BYD Semiconductor held by these strategic investors
+at a fixed consideration under some specific agreed
+circumstances. For the year ended 31 December
+2021, the present value of such repurchase obligation
+was RMB2,922,108,000 (31 December 2020:
+3,001,147
+2,936,143
+BYD Company Limited
+Total
+losses
+Total
+at fair value
+遞延稅項負債
+遞延稅項(續)
+39.
+Fair value
+Deferred tax liabilities
+DEFERRED TAX (CONTINUED)
+39.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+adjustments
+Notes to Financial Statements
+254
+BYD Company Limited
+15,890 2,439,921
+629,353 201,320
+364,479
+159,940
+159,975
+908,964
+於二零二零年十二月三十一日
+At 31 December 2020
+during the year
+比亞迪股份有限公司
+15,496 2,047,325
+394 392,596
+of equity
+Fair value
+折舊撥備的
+超額折舊
+RMB'000
+人民幣千元
+Total
+a subsidiary
+subsidiaries
+allowance
+income profit or loss
+以公允價值
+計量並計入
+損益的金融
+資產公允
+價值調整
+RMB'000
+人民幣千元
+以公允價值計量
+並計入其他綜合
+收益的權益投資
+公允價值調整
+RMB’000
+人民幣千元
+disposal of
+remitted by
+through depreciation
+comprehensive
+investments
+arising from
+fair value in excess of
+through other
+tax payment
+anticipated
+Deferred
+the earnings
+taxes on
+Withholding
+assets at Depreciation
+of financial
+adjustments
+to be
+Others
+269,501 (103,676)
+(29,272)
+the statement of profit or loss
+Deferred tax credited/(charged) to
+159,940
+908,964 159,975
+於二零二一年一月一日
+At 1 January 2021
+人民幣千元人民幣千元 人民幣千元 人民幣千元
+人民幣千元
+人民幣千元
+RMB'000
+RMB'000
+年內於損益表計入/(扣除)
+的遞延稅項
+RMB'000
+RMB’000
+總計
+其他
+稅項虧損
+款項及撥備
+擔保應計
+來自公司間
+政府補貼 交易的未變現溢利
+RMB'000
+RMB'000
+人民幣千元
+資產減值
+超額折舊
+RMB'000
+人民幣千元
+折舊撥備的
+RMB'000
+59,347
+(71,383)
+(8,971)
+24,976
+171,326
+年內於損益表計入/(扣除)
+的遞延稅項
+the statement of profit or loss
+Deferred tax credited/(charged) to
+359,852 304,996
+305,132
+189,212
+134,999
+737,638
+於二零二零年一月一日
+53,580
+At 1 January 2020
+679,397
+375,901
+150,969
+213,555
+837,581
+於二零二一年十二月三十一日
+At 31 December 2021
+during the year
+3,064 376,221
+15,890 2,439,921
+629,353 201,320
+50,044 338,465
+364,479
+11,422
+539,785 18,954 2,816,142
+a subsidiary
+On 11 June 2007, a Hong Kong High Court action
+(the “June 2007 Action") was commenced by a
+subsidiary and an affiliate of Foxconn International
+Holdings Limited (the “Plaintiffs") against the
+Company and certain subsidiaries of the Group
+SHARE-BASED PAYMENT (CONTINUED)
+43.
+be adjusted to the then base rate plus initial spread
+and 300 basis points from the 6th year and remains
+unchanged from the 6th year to the 10th year for
+which interest is accruable. The coupon interest rate
+is reset every 5 years.
+the redemption rights, the coupon interest rate will
+and the redemption process shall be completed by
+the Shanghai Clearing House as the agent. For the
+current medium-term notes, the coupon interest rate
+of the first 5 years for which interest is accruable
+is 5.1% per annum. If the issuer does not exercise
+through media one month before the redemption
+In 2016,the Company issued medium term notes
+at par of RMB200 million and RMB400 million on 24
+February 2016 and 26 February 2016, respectively,
+with a total amount of RMB600 million (RMB595.8
+million after deducting listing expenses). The current
+medium-term notes have a term of 5+N years. On
+or after the fifth interest payment date, the issuer
+has the right to redeem the current medium-term
+notes at par plus accrued interest (including any
+deferred interest payments). If the issuer decides
+to exercise the redemption rights, the issuer shall
+publish the Announcement of Early Redemption
+永續債
+(a)
+43.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+PERPETUAL LOANS
+(a)
+二零一六年,本公司於二零一六年二
+月二十四日及二零一六年二月二十六
+日分別按面值發行金額為人民幣200
+百萬元和人民幣400百萬元的中期票
+據,合計人民幣600百萬元,扣除發
+行開支後為人民幣595.8百萬元。本
+期中期票據期限為5+年。於中期票
+據第五個和其後每個付息日,發行人
+有權按面值加應付利息(包括任何���
+延利息支付)贖回本期中期票據。如
+發行人決定行使贖回權,則於贖回日
+前一個月,由發行人媒體上刊登《提
+前贖回公告》,並由上海清算所代理
+完成贖回工作。本期中期票據前5個
+計息年度的票面利率為5.1%。如果
+發行人不行使贖回權,則從第6個計
+息年度開始票面利率調整為當期基
+準利率加上初始利差再加上300個基
+點,在第6個計息年度至第10個計息
+年度內保持不變。每5年重置一次票
+面利率。
+43.
+The borrower declares dividend to the
+holders of ordinary shares; or
+The issuer shall not defer the interest payment of
+the interest accrual period and all the interest and
+the underlying yields that were deferred according
+to the investment agreement and the contractual
+agreement if any of the following occurs within 12
+months before the interest payment date:
+Unless the mandatory interest payment event
+happens, before each of the interest payment
+date of medium-term notes, the issuer can choose
+to defer the current interest and all the deferred
+interest to be paid at the next interest payment
+date, which is not subject to any restrictions on
+the number of deferred interest payments. The
+foregoing deferred interest payment does not
+constitute the issuer's default to pay the interest in
+full. In the event that the issuer decides to defer
+the interest payments, the issuer and the related.
+agency shall disclose such arrangement in an
+announcement of deferred interest payments five
+days before the interest payment date.
+(續)
+(a)
+永續債(續)
+43.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+265
+Annual Report 2021
+二零二一年年報
+(continued)
+(a)
+PERPETUAL LOANS (CONTINUED)
+264
+The borrower reduces registered capital.
+BYD Company Limited
+fund reaches 50% of the respective entity's share capital,
+any further appropriation is optional. The statutory surplus
+reserve fund can be utilised to offset prior year's losses
+or to increase share capital. However, the balance of the
+statutory surplus reserve fund must be maintained at least
+25% of the share capital after increase.
+b.
+以股份為基礎的支付(續)
+41.
+31 December 2021
+二零二一年十二月三十一日
+Share option incentive scheme (continued)
+Adjustment on BYD Semiconductor 2020 Share
+Option Incentive Scheme
+b.
+購股權激勵計劃(續)
+SHARE-BASED PAYMENT (CONTINUED)
+Notes to Financial Statements
+財務報表附註
+263
+Annual Report 2021
+二零二一年年報
+波動率是基於歷史波動率反映出趨勢
+的假設,因此並不一定是實際的結
+果。對於公允價值,並無考慮授予的
+購股權的其他特徵。
+2.02%
+1.81%
+41.
+二零二零年比亞迪半導體股票期權激
+勵計劃調整
+42.
+The Scheme clarifies that BYD Semiconductor will
+adjust the the number of the share options granted
+and the exercise price in case BYD Semicondutor
+reforms into a joint stock company.
+enterprises, a portion of the profits of the Group's entities
+which are registered in the PRC has been transferred to
+the statutory surplus reserve fund which is restricted to
+use. When the balance of the statutory surplus reserve
+Pursuant to the relevant laws and regulations for business
+本集團的儲備金額及有關金額於本年度及
+過往年度的變動乃呈列於財務報表第106至
+107頁的合併權益變動表內。
+二零二零年十二月三日,比亞迪半導
+體第一屆董事會決議通過了《關於調
+整公司二零二零年股權期權激勵計劃
+和股權期權激勵計劃實施考核管理辦
+法的議案》,該議案對比亞迪半導體
+有限實施的首次股權激勵計劃進行了
+調整。該議案根據公司股份制改制
+的股數變動比例,將授予員工的股權
+期權數量由“30,019,760份"變更為
+“33,088,235股”,並將期權的行權價
+格由“人民幣5.00元/每1元出資”變
+更為“人民幣4.54元/每股”。
+。
+激勵計畫約定如公司改制為股份公
+司,將對期權數量及行權價格進行調
+整
+儲備
+42.
+consolidated statement of changes in equity on pages 106
+to 107 of the financial statements.
+The amounts of the Group's reserves and the movements
+therein for the current and prior years are presented in the
+RESERVES
+of shares converted based on the Company's
+conversion into a joint stock company.
+according to the movement in the percentage
+and the exercise price of options from "contribution
+of RMB5.00/per yuan” to “RMB4.54/per share”
+On 3 December 2020, the first session of the board
+of directors of BYD Semiconductor passed the
+Resolution in relation to the Company's Adjustment
+on the 2020 Share Option Incentive Scheme and
+the Implementation, Assessment and Management
+Measures of the Share Option Incentive Scheme (<
+於調整公司2020年股權期權激勵計劃和股權期權激勵
+計劃實施考核管理辦法的議案》),which adjusted the
+first option incentive scheme implemented by BYD
+Semiconductor Co., Ltd. This resolution changed the
+number of share options granted to employees from
+“30,019,760_share options" to “33,088,235 shares”
+根據企業的有關法律及法規,本集團於中國
+註冊的實體的部分溢利已轉撥至有限定用途
+的法定盈餘公積金。當法定盈餘公積金的結
+餘達各實體股本的50%,則公司可選擇是
+否繼續作出任何撥款。法定盈餘公積金可用
+於抵銷以往年度的虧損或增加資本。然而,
+增加後,法定盈餘公積金的結餘須維持至少
+25%股本。
+1.60%
+除非發生強制付息事件,發行人在中
+期票據每個利息支付日前可以自行選
+擇將當期利息和所有遞延利息推遲至
+下一利息支付日支付,且不受任何遞
+延利息支付次數的限制。前述遞延利
+息支付不應視為發行人未全數支付利
+息的違約事件。倘發行人決定遞延支
+付利息,發行人及相關中介機構應在
+付息日前五日於遞延利息支付公告內
+披露該安排。
+借款人向普通股持有人宣派股
+息;或
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+268
+BYD Company Limited
+借款人減少註冊資本
+31 December 2021
+借款人向普通股持有人宣派股
+息;或
+除非發生強制付息事件,發行人在中
+期票據每個利息支付日前可以自行選
+擇將當期利息和所有遞延利息推遲至
+下一利息支付日支付,且不受任何遞
+延利息支付次數的限制。前述遞延利
+息支付不應視為發行人未按照本合同
+全數支付利息的違約事件。倘發行人
+決定遞延支付利息,發行人及相關中
+介機構應在付息日前五日於遞延利息
+支付公告內披露該安排。
+(續)
+(b)
+永續債(續)
+43.
+These perpetual loans do not have specific
+maturities. The Company has the right to defer
+interest or to redeem the notes. The Company does
+I not have the contractual obligation to deliver cash
+or other financial assets to other parties. Therefore,
+the perpetual loans are recognised as an equity.
+The interest paid on the perpetual loans in 2021 was
+RMB61,600,000 (2020: RMB222,987,000).
+倘付息日前12個月內,發生以下事件
+之一,發行人不得遞延該計息週期利
+息以及按照《投資協議》及合同約定
+已經遞延的所有利息及其孳息:
+二零二一年十二月三十一日
+44.
+CONTINGENT LIABILITIES
+(the “Defendants") for using confidential information
+alleged to have been obtained improperly from
+the Plaintiffs. The Plaintiffs discontinued the June
+2007 Action on 5 October 2007 without any liability
+to the Defendants. On the same day, the Plaintiffs
+initiated a new set of legal proceedings in the
+Court (the “October 2007 Action"). The Defendants
+named in the October 2007 Action are the same as
+the Defendants in the June 2007 Action, and the
+claims made by the Plaintiffs in the October 2007
+Action are based on the same facts and grounds
+in the June 2007 Action. The remedies sought by
+the Plaintiffs in the October 2007 Action include an
+injunction restraining the Defendants from using
+the alleged confidential information, an order for
+the disgorgement of profit made by the Defendants
+through the use of the confidential information,
+damages based on the loss suffered by the Plaintiffs
+and exemplary damages. The total damages sought
+by the Plaintiffs in the October 2007 Action have not
+been quantified.
+41.
+On 2 October 2009, the Defendants instituted
+a counter-action against Foxconn International
+Holdings Limited and certain of its affiliates for
+their intervention, by means of illegal measures, in
+the operations involving the Company and certain
+of its subsidiaries, collusions, written and verbal
+defamation, and the economic loss as a result of the
+said activities.
+富士康訴訟案件
+於二零零七年六月十一日,富士康國
+際控股有限公司旗下一間下屬附屬公
+司及一間聯屬公司(「原告」)向香港
+高等法院展開訴訟(「二零零七年六
+月訴訟」),指控本公司及本集團若干
+附屬公司(「被告」)使用指稱自原告
+處非法獲得的機密資料。原告已於二
+零零七年十月五日停止二零零七年六
+月訴訟、被告並無承擔任何責任。同
+日,原告向法院提起新一輪的法律程
+序(「二零零七年十月訴訟」)。二零零
+七年十月訴訟的被告與二零零七年六
+月訴訟的被告相同,且原告在二零零
+七年十月訴訟中提出的申索均基於二
+零零七年六月訴訟中的相同事實及理
+由。原告在二零零七年十月訴訟中提
+出的補救方法包括強令禁止被告使用
+有關機密資料、強令被告交出因使用
+機密資料所獲得的利潤以及賠償原告
+遭受的損失及支付懲罰性賠償金。原
+告在二零零七年十月訴訟中主張的全
+部賠償金數額尚未確定。
+於二零零九年十月二日,被告對富士
+康國際控股有限公司及其若干聯屬公
+司利用不合法手段��涉本公司及其若
+干附屬公司的經營、共謀行為、書面
+及口頭誹謗,導致經濟損失的行為提
+起反訴。
+訴訟
+(a)
+或有負債
+44.
+Action against Foxconn
+Litigation
+(a)
+The borrower reduces registered capital
+倘付息日前12個月內,發生以下事件
+之一,發行人不得遞延該計息週期利
+息以及按照《投資協議》及合同約定
+已經遞延的所有利息及其孳息:
+The borrower declares dividend to the
+holders of ordinary shares; or
+an announcement of deferred interest payments five
+days before the interest payment date.
+media at least 30 trading days prior to the interest
+payment date in the exercise year of the option to
+renew the term.
+not limited by the number of times it may exercise
+its option to renew the term, but it shall publish an
+announcement of exercise of the option through
+The Company issued renewable bonds on 21 June
+2019 with a total principal amount of RMB500
+million. The loan will have a term of 2+Nyears. On
+or after the second interest payment date, the issuer
+Ishall have the option to extend the maturity of the
+bonds for one additional cycle (i.e., two years) or
+to pay in full at the end of that cycle. The issuer is
+(b)
+PERPETUAL LOANS (CONTINUED)
+43.
+43.
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+266
+BYD Company Limited
+借款人減少註冊資本。
+31 December 2021
+永續債(續)
+(b)
+本公司於二零一九年六月二十一日發
+行本金總額為人民幣500百萬元的可
+續債券。貸款期限為2+N年。於第二
+次付息日或之後,發行人有權選擇延
+長債券到期日至另一個週期(如兩年)
+或於當時週期結束悉數償還。發行人
+不受時間所限制,其可行使其選擇人
+重續年期,惟其將於由發行人至少於
+選擇重續期限當年的付息日前30個
+交易日通過媒體上刊登公告行使選擇
+權。
+to be paid at the next interest payment date, which
+is not subject to any restrictions on the number of
+deferred interest payments. The foregoing deferred
+interest payment does not constitute the issuer's
+default to pay the interest in full according to the
+contract. In the event that the issuer decides to
+defer the interest payments, the issuer and the
+related agency shall disclose such arrangement in
+Unless the mandatory interest payment event
+happens, before each of the interest payment dates
+of medium-term notes, the issuer can choose to
+have the current interest and all the deferred interest
+(continued)
+(b)
+PERPETUAL LOANS (CONTINUED)
+43.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+267
+Annual Report 2021
+二零二一年年報
+倘稅務政策或會計標準有任何變動,
+發行人將有權於有關法律法規變動、
+司法權區對相關法例法規詮釋或會計
+政策變動正式實行當年年末行使贖回
+權。倘發行人決定行使贖回權,發
+行人應於可贖回日期前20個交易日
+(惟倘會計政策變更施行日期起至年
+末少於20個交易日,發行人須及時
+刊發公告)刊登公告。贖回計劃一旦
+公佈則不得撤銷。除上述兩種情況,
+發行人無權或義務贖回即期債券。可
+續債券而言,利息於前兩年按票面利
+率6.20%每年計息。如果發行人不行
+使贖回權,則從第3個計息年度開始
+票面利率調整為當期基準利率加上初
+始利差再加上300個基點,在第3個
+計息年度至第4個計息年度內保持不
+變。每2年重置一次票面利率。
+policies is officially implemented. If the issuer
+decides to exercise the redemption rights, an
+announcement shall be published 20 trading days
+before the date available for redemption (except
+that the period from the implementation date of the
+change of accounting policies to the year end is
+less than 20 trading days, in which case the issuer
+shall make a timely announcement). The redemption
+plan is irrevocable once announced. Except for
+the above two cases, the issuer has no right or
+obligation to redeem the current bond. For the
+current renewable bonds, the coupon interest rate
+of the first 2 years for which interest is accruable is
+6.20% per annum. If the issuer does not exercise
+the redemption rights, the coupon interest rate will
+be adjusted to the then base rate plus initial spread
+and 300 basis points from the 3rd year and remains
+unchanged from the 3rd year to the 4th year for
+which interest is accruable. The coupon interest rate
+is reset every 2 years.
+accounting standards, the issuer shall have the
+right to exercise the right of redemption at the end
+of the year in which the change of such laws and
+regulations, the judicial interpretation of relevant
+laws and regulations or the change of accounting
+In the case of any change of tax policies or
+The issuer shall not defer the interest payment of
+the interest accrual period and all the interest and
+the underlying yields that were deferred according
+to the investment agreement and the contractual
+agreement if any of the following occurs within 12
+months before the interest payment date:
+57.88%
+此等永續債並無特定到期日。本公司
+有權遞延利息或贖回票據。本公司並
+無合同責任向其他人士交付現金或其
+他金融資產。故永續債確認為權益。
+二零二一年已付永續債利息為人民幣
+61,600,000元(二零二零年:人民幣
+222,987,000).
+52.80%
+261
+Annual Report 2021
+二零二一年年報
+淨利潤。
+(2)
+收入;
+(1)
+Notes to Financial Statements
+Net Profit.
+購股權行使的表現指標包括:
+本次期權激勵計劃預計授予的股權期
+權分三次行權,對應的歸屬期分別
+為自授予日起24個月、36個月、48
+個月。授予的股票期權於授予日開
+始,在之後的三個行權期分次行權。
+第一、第二和第三個行權期分別有
+30%、30%、40%的期權在滿足業績
+條件前提下獲得可行權的權利。行使
+價為每股人民幣5.00元。當參與者未
+能實現作為行使條件的比亞迪半導體
+的表現時,將無法行使購股權,或行
+使期結束後當前未行使的購股權將作
+廢,並應由比亞迪半導體無償購回及
+做作廢處理。
+比亞迪半導體股份有限公司(「比亞
+迪半導體」)2020股權激勵計劃(「計
+劃」)(續)
+(1) Revenue;
+The performance indicators for the exercise of the
+share options include:
+performance conditions. The exercise price shall
+be_RMB5.00 per share. The share options will not
+be exercisable when participants fail to fulfil BYD
+Semiconductor's performance as the conditions of
+exercise or those currently not exercised after the
+end of the exercise period shall become null and
+void and be repurchased without consideration and
+cancelled by BYD Semiconductor.
+(2)
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+41.
+exercisable
+of options
+Percentage
+Exercise period
+授予的購股權行使的條件:
+比亞迪半導體股份有限公司(「比亞
+迪半導體」)2020股權激勵計劃(「計
+劃」)(續)
+The conditions for the exercise of the granted share
+options:
+BYD Semiconductor Co., Ltd (“BYD Semiconductor")
+2020 Share Option Incentive Scheme ("Scheme")
+(continued)
+購股權激勵計劃(續)
+b.
+Share option incentive scheme (continued)
+b.
+以股份為基礎的支付(續)
+41.
+SHARE-BASED PAYMENT (CONTINUED)
+exercise rights under the prerequisite of meeting
+Duration
+the first, second, and third exercise periods,30%,
+30%,and 40% of the share options are entitled to
+購股權激勵計劃 (續)
+of the wholly-owned subsidiary involving related-
+party transactions", was approved at the Thirty-
+sixth Meeting of the Sixth Session of the Board of
+BYD Semiconductor Co., Ltd("BYD Semiconductor")
+2020 Share Option Incentive Scheme("Scheme")
+購股權激勵計劃
+b.
+以股份為基礎的支付(續)
+41.
+Directors of BYD Semiconductor on 14 April 2020.
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+259
+Annual Report 2021
+二零二一年年報
+51.99%
+b.
+Share option incentive scheme
+財務報表附註
+Pursuant to the Scheme, BYD Semiconductor
+proposed to grant 30,019,760.00 share options to
+36 scheme participants. The scheme participants of
+the Share Incentive Scheme were the directors and
+senior management of BYD Semiconductor and key
+staff of BYD Semiconductor who have direct impacts
+or contributions to BYD Semiconductor's business
+results and ongoing development as a whole,
+excluding independent directors and supervisors.
+References are made to the announcement dated 11
+May 2021 and circular (the “Circular") dated 31 May
+2021 of the Company, in relation to, among others,
+the proposed adoption of the Subsidiary Share
+Option Scheme. The adoption of the Subsidiary
+Share Option Scheme was approved by the
+shareholders of the Company at the extraordinary
+general meeting of the Company held on 16 June
+2021 and the Subsidiary Share Option Scheme
+became unconditional on the same day.
+比亞迪半導體股份有限公司(「比亞
+迪半導體」)2020股權激勵計劃(「計
+劃」)
+b.
+Share option incentive scheme (continued)
+BYD Semiconductor Co., Ltd("BYD Semiconductor")
+2020 Share Option Incentive Scheme("Scheme”)
+(continued)
+b.
+以股份為基礎的支付(續)
+41.
+SHARE-BASED PAYMENT (CONTINUED)
+41.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+260
+BYD Company Limited
+「關於全資子公司股權激勵計劃涉及
+關聯交易的議案」已於二零二零年四
+月十四日第六屆董事會第三十六次會
+議上獲比亞迪半導體董事會批准。根
+據該計劃,比亞迪半導體擬向36名
+計劃參與者授予30,019,760.00份購
+股權。股份激勵計劃的計劃參與者包
+括比亞迪半導體的董事和高级管理人
+員以及對比亞迪半導體的業績及持續
+發展整體有直接影響或貢獻的比亞迪
+半導體的重要員工,不包括獨立董事
+和監事。茲提述本公司日期為二零二
+一年五月十一日的公告及日期為二零
+二一年五月三十一日的通函(「該通
+函」),內容有關(其中包括)建議採
+納子公司股權期權計劃。本公司股東
+於本公司於二零二一年六月十六日舉
+行的臨時股東大會上批准採納子公司
+股權期權計劃,且子公司股權期權計
+劃於同日期成為無條件。
+The share options to be granted under the share
+option incentive scheme are exercisable in three
+stages, which will correspond to a vesting period
+of 24 months, 36 months and 48 months beginning
+on the grant date. The granted share options
+can be exercised in stages in the following three
+exercise periods beginning on the grant date. In
+Conditions for exercise
+The "Resolution concerning equity incentive scheme
+First exercise period
+The fair value of the share options to be granted
+amounted to RMB337,098,000. The fair value of the
+equity-settled share options to be granted on the
+date of grant was estimated using a binomial model,
+taking into account the terms and conditions upon
+which the options were granted. The following table
+lists the inputs to the model used:
+比亞迪半導體股份有限公司(「比亞
+迪半導體」)2020股權激勵計劃(「計
+劃」)(續)
+購股權激勵計劃(續)
+b.
+Share option incentive scheme (continued)
+BYD Semiconductor Co., Ltd (“BYD Semiconductor")
+2020_Share Option Incentive Scheme (“Scheme")
+(continued)
+b.
+預計授予的購股權的公允價值為人民
+幣337,098,000元。預計授予的以權
+益結算的購股權於授予日的公允價值
+採用二項式模型,結合授予購股權的
+條款和條件,作出估計。下表列示了
+所用模型的輸入:
+以股份為基礎的支付(續)
+SHARE-BASED PAYMENT (CONTINUED)
+41.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+41.
+Exercise period
+Volatility
+Risk-free interest rate
+be the actual result. In respect of the fair value,
+Volatility is an assumption based on the trend
+reflected by historical volatility, and hence may not
+other features of the granted share options were not
+considered.
+行使期
+無風險率
+波動率
+第三批
+第二批
+行使期
+batch
+batch
+batch
+Third
+Second
+First
+比亞迪股份有限公司
+262
+第一批
+第三個行權期可行權日前一會計年度的營業收
+入和淨利潤較上一年度的增長率不低於20%
+Third exercise period
+二零二三年五月十二日至
+二零二四年五月十一日
+第二個行使期(「第二期」)
+From 12 May 2023 to
+11 May 2024
+(“Second Period")
+30%
+Second exercise period
+二零二二年五月十二日至
+二零二三年五月十一日
+30%
+期間
+(“First Period”)
+第一個行使期(「第一期」)
+BYD Company Limited
+可行使
+購股權比例
+40%
+(“Third Period”)
+From 12 May 2022 to
+11 May 2023
+第三個行使期(「第三期」)
+the growth rate of revenue and net profit of
+the fiscal year before the exercise date of
+From 12 May 2024 to
+12 May 2025
+previous year is not less than 20%
+of the second exercise period over the
+the growth rate of revenue and net profit
+第一個行權期可行權日前一會計年度的營業收
+入和淨利潤較上一年度的增長率不低於20%
+the first exercise period over the previous
+year is not less than 20%
+of the fiscal year before the exercise date
+第二個行權期可行權日前一會計年度的營業收
+入和淨利潤較上一年度的增長率不低於20%
+the fiscal year before the exercise date of
+二零二四年五月十二日至
+the growth rate of revenue and net profit of
+行使條件
+二零二五年五月十二日
+the third exercise period over the previous
+year is not less than 20%
+198,342
+166,491
+(“Easpring Technology")
+向深圳經石科技股份有限公司
+(「經石科技」)購買產品及服務
+Shenzhen Baiguoyuan Industry (Group)
+Shenzhen Jingshi Technology Co., Ltd.
+(“Jingshi Tech")
+Purchase of products and service from
+(xii)
+向滄州明珠塑料股份有限公司
+(「明珠塑料」)購買產品及服務
+Purchases of products and service from
+Cangzhou Mingzhu Plastic Co., Ltd.
+(“Mingzhu Plastics")
+Purchases of products and service from
+43
+Purchases of products from Beijing Easpring
+Material Technology Co., Ltd.
+(“Northern Qinchuan")
+(「北方秦川」)購買產品及服務
+Xi'an Northern Qinchuan Company Ltd.
+(vii)
+向西安北方秦川集團有限公司
+Purchases of products and service from
+(“Zhengxuan Qianzhan")
+2
+Co., Ltd. (“Baiguoyuan")
+5
+向深圳市正軒前瞻創業投資
+(「正軒前瞻」)出售產品
+(xi)
+向北京當升材料科技股份有限公司
+(「當升科技」)購買產品
+向深圳百果園實業(集團)股份
+有限公司(「百果園」)購買
+產品及服務
+財務報表附註
+365
+(ii)
+The sales of machinery and equipment to
+the joint ventures and associates were made
+according to the published prices offered by
+the Group to other customers.
+Qianzhan Venture Capital
+(ii)
+向合營公司及聯營公司出售產
+品乃根據向本集團其他客戶提
+出的公佈價格進行。
+(i)
+The sales of products to joint ventures and
+associates were made according to the
+published prices offered to other customers of
+the Group.
+(i)
+附註:
+(續)
+(a)
+Notes:
+(a) (continued)
+(xiii)
+(CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+275
+Annual Report 2021
+二零二一年年報
+1,877
+16,347
+(“Changhehua lithium")
+(「長和華鋰科技」)購買產品
+Changhehua lithium Technology Co., Ltd.
+176,318
+(xiv)
+向四川長和華鋰科技有限公司
+Purchase of products from Sichuan
+47. RELATED PARTY TRANSACTIONS 47. 關聯方交易 (續)
+Sales of products to Shenzhen Zhengxuan
+購買產品及服務
+(文石信息)出售產品及服務
+914,414
+672,352
+234,729
+952,183
+10,680
+2,487
+2,135,448
+3,477,440
+租金開支
+服務收入
+出售機器及設備
+出售產品
+合營公司及聯營公司:
+Rental expense
+Service income
+Sales of machinery and equipment
+Sales of products
+Joint ventures and associates:
+人民幣千元
+2020
+二零二零年
+RMB'000
+二零二一年
+RMB'000
+人民幣千元
+附註
+Notes
+2021
+除本財務報表其他地方所詳述的交易
+外,年內本集團與關聯方亦進行下列
+交易:
+向合營公司及聯營公司出售機
+器及設備乃根據本集團向其他
+客戶提出的公佈價格進行。
+following transactions with related parties during the
+year:
+Purchases of products and service
+("Onyx International Inc.")
+3,692,335
+Sales of products and service to Union Brother
+Technology Co., Ltd. (“UBTECH”)
+International Inc. Co., Ltd.
+1,970
+4,286
+(x)
+向廣州文石信息科技有限公司
+Sales of products and service to Onyx
+(“Youngy Holding”)
+(「融捷控股」)出售產品及服務
+1,319
+☐ 12
+(ix)
+向融捷投資控股集團有限公司
+Sales of products and service to Youngy
+Investment Holding Group Co., Ltd.
+882
+(viii)
+(「北方秦川」)出售產品及服務
+向深圳市聯合利豐供應鏈管理有限公司
+(「聯合利豐」)出售產品及服務
+Sales of products and service to Shenzhen
+UniFortune Supply Chain Service Co., Ltd.
+(“UniFortune”)
+Qinchuan Company Ltd. ("Northern Qinchuan")
+63
+63
+(vii)
+向西安北方秦川集團有限公司
+Sales of products and service to Xi'an Northern
+536
+408
+(vi)
+向深圳市優必選股份科技有限公司
+(「優必選」)出售產品及服務
+2,254,046
+(iii)
+As at 31 December 2021, the Company
+provided a guarantee to the bank for the
+borrowing of BYD Auto Finance amounting
+to RMB2,495,000,000 (31 December 2020:
+RMB4,560,000,000).
+(iii)
+於二零二一年十二月三十一
+日,本公司為中冶瑞木的人
+民幣60,000,000元(二零二零
+年十二月三十一日:人民幣
+100,000,000元)的借款向銀
+行作出擔保。
+於二零二一年十二月三十一
+日,本公司為天津宏迪的人民
+幣807,358,000元(二零二零
+年十二月三十一日:人民幣
+459,893,000元)的借款向銀
+行作出擔保。
+於二零二一年十二月三十一
+日,本公司為比亞迪汽車金
+融的人民幣2,495,000,000
+元(二零二零年十二月三十
+一日:人民幣4,560,000,000
+元)的借款向銀行作出擔保。
+於二零二一年十二月三十一
+日,本公司為騰勢的人民幣
+333,455,000元(二零二零
+年十二月三十一日:人民幣
+406,054,000元)的借款向銀
+行作出擔保。
+(v)
+(iv)
+As at 31 December 2021, the Company
+provided a guarantee to the bank for
+the borrowing of Hubei Energy Storage
+amounting to RMB10,315,000(31 December
+2020: RMB13,380,000).
+As at 31 December 2021, the Company
+provided a guarantee to the bank for
+the borrowing of MCC Ramu amounting
+to RMB60,000,000 (31 December 2020:
+RMB100,000,000).
+RMB459,893,000).
+(v)
+(iv)
+(iii)
+As at 31 December 2021, the Company
+provided a guarantee to the bank for the
+borrowing of Tianjin Hongdi amounting
+to RMB807,358,000(31 December 2020:
+(iii)
+(!!)
+(i)
+借款擔保
+關聯方擔保:
+(b)
+關聯方交易 (續)
+31 December 2021
+二零二一年十二月三十一日
+(ii)
+As at 31 December 2021, the Company
+provided a guarantee to the bank for
+the borrowing of DENZA amounting to
+RMB333,455,000 (31 December 2020:
+RMB406,054,000).
+(i)
+Loan guarantees
+Guarantees provided to related parties:
+(b)
+於二零二一年十二月三十一
+日,本公司為湖北儲能電站
+的借款向銀行作出擔保人民
+幣10,315,000元(二零二零
+年十二月三十一日:人民幣
+13,380,000).
+47. RELATED PARTY TRANSACTIONS 47.
+(CONTINUED)
+BYD Company Limited
+比亞迪股份有限公司
+(a)
+Annual Report 2021
+二零二一年年報
+於二零二一年十二月三十一
+日,本集團對融捷股份有
+限公司的最大敞口為人民
+幣32,412,000元(二零二零
+年十二月三十一日:人民幣
+55,260,000).
+。
+於二零二一年十二月三十一
+日,本集團對深圳迪滴及其附
+屬公司義務的最大敞口為人民
+幣961,110,000元(二零二零
+年十二月三十一日:人民幣
+1,429,996,000) •
+(!!)
+As at 31 December 2021, the Group's
+maximum exposure of obligation to Rongjie
+Company Limited was RMB32,412,000(31
+December 2020: RMB55,260,000).
+As at 31 December 2021,the Group's
+maximum exposure of obligation to
+Shenzhen Didi and its subsidiaries was
+RMB961,110,000 (31 December 2020:
+RMB1,429,996,000).
+(ii)
+(i)
+(i)
+有關回購義務詳情於合併財務報表附
+註44(c)內披露。
+note 44(c) to the consolidated financial statements.
+Details of the repurchase obligation are disclosed in
+回購義務
+Repurchase obligation
+關聯方擔保:(續)
+(b)
+Guarantees provided to related parties:
+(continued)
+(b)
+關聯方交易(續)
+47.
+47. RELATED PARTY TRANSACTIONS
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+278
+財務報表附註
+Notes to Financial Statements
+277
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+BYD Company Limited
+276
+向聯合利豐(本公司一名非執行
+董事為其董事會董事)出售產品
+及服務乃根據本集團向其他客
+戶提出的公佈價格進行。
+北方秦川為本公司一名監事於
+過去十二個月為該公司董事會
+執行董事的公司。與北方秦川
+作出的產品及服務買賣乃根據
+向其他客戶提供的公佈價格進
+行。
+(viii)
+(viii) The sales of products and service to UniFortune,
+a company of which a non-executive director
+of the Company is a director of the board, were
+made according to the published prices offered
+to other customers of the Group.
+Northern Qinchuan is a company of which a
+supervisor of the Company was an executive
+director of the company in the past twelve
+months. The sales and purchases of products
+and services made with Northern Qinchuan
+were according to the published prices offered
+to other customers.
+(vii)
+(vii)
+向優必選(本公司一名非執行董
+事為其董事會董事)出售產品及
+服務乃根據向本集團其他客戶
+提出的公佈價格進行。
+(vi)
+The sales of products and service to UBTECH,
+a company of which a non-executive director
+of the Company is a director of the board, were
+made according to the published prices offered
+to other customers of the Group.
+(vi)
+customers.
+向合營公司及聯營公司購買產
+品及服務乃根據合營公司及聯
+營公司向彼等其他客戶提出的
+公佈價格進行。
+(v)
+The purchases of products and service from
+joint ventures and associates were made
+according to the published prices offered by
+joint ventures and associates to their other
+(v)
+租金開支乃按經本集團與合營
+公司及聯營公司雙方協定的價
+格收取。
+(iv)
+The rental expense was charged at prices
+mutually agreed between the Group and joint
+ventures and associates.
+(iv)
+自合營公司及聯營公司所得服
+務收入乃根據本集團向其他客
+戶提出的公佈價格進行。
+二零二一年十二月三十一日
+47. RELATED PARTY TRANSACTIONS 47. 關聯方交易 (續)
+(CONTINUED)
+(a)
+Annual Report 2021
+二零二一年年報
+向長和華鋰科技(本公司一名非
+執行董事間接控制的公司)購買
+產品乃根據向其他客戶提出的
+公佈價格進行。
+向百果園(本公司一名獨立非執
+行董事為該公司董事會獨立董
+事)購買產品及服務乃根據向其
+他客戶提出的公佈價格進行。
+向當升科技(本公司一名前任獨
+立非執行董事於過去十二個月
+為該公司董事會獨立董事)購買
+產品乃根據當升科技向其他客
+戶提出的公佈價格進行。
+(xiv)
+(xiii)
+(xii)
+向正軒前瞻(本公司一名非執行
+董事為該公司董事會董事)出售
+產品乃根據向本集團其他客戶
+提出的公佈價格進行。
+(xi)
+向文石信息(本公司一名非執行
+董事為該公司董事會董事)出售
+產品及服務乃根據向本集團其
+他客戶提出的公佈價格進行。
+(x)
+(xiv) The purchases of products from Changhehua
+lithium, a company indirectly controlled by a
+non-executive director of the Company, were
+made according to the published prices offered
+to other customers.
+from Baiguoyuan, a company of which an
+independent non-executive director of the
+Company was the independent director of the
+board, were made according to the published
+prices offered to other customers.
+The service income from joint ventures and
+associates was made according to the
+published prices offered by the Group to their
+other customers.
+(xiii) The purchases of products and service
+The sales of products to Zhengxuan Qianzhan,
+a company of which a non-executive director
+of the Company is a director of the board, were
+made according to the published prices offered
+to other customers of the Group.
+(xii)
+(xi)
+(x)
+向融捷控股(本公司一名非執行
+董事為該公司董事會董���)出售
+產品及服務乃根據向本集團其
+他客戶提出的公佈價格進行。
+(ix)
+The sales of products and service to Youngy
+Holding, a company of which a non-executive
+director of the Company is a director of the
+board, were made according to the published
+prices offered to other customers of the Group.
+(ix)
+附註:(續)
+Notes: (continued)
+(續)
+(a)
+(continued)
+The purchases of products from Easpring
+Technology, a company of which a former
+independent non-executive director of the
+Company was an independent director of the
+company in the past twelve months, were made
+according to the published prices offered by
+Easpring Technology to other customers.
+In addition to the transactions detailed elsewhere
+in these financial statements, the Group had the
+The sales of products and service to Onyx
+International Inc., a company of which a non-
+executive director of the Company is a director
+of the board, were made according to the
+published prices offered to other customers of
+the Group.
+關聯方交易
+At 1 January 2021
+租賃負債
+其他應負債
+計息銀行及
+其他借款
+liabilities
+liabilities
+Lease
+Other
+borrowings
+and other
+bearing bank
+Interest-
+二零二一年
+2021
+融資活動所產生的負債變動
+(b)
+Changes in liabilities arising from financing
+activities
+(b)
+年內,本集團就租賃土地、樓宇、機
+器及其他設備的租賃安排的使用權資
+產及租賃負債的非現金添置分別為人
+民幣961,161,000元(二零二零年:
+人民幣506,529,000元)及人民幣
+961,161,000元(二零二零年:人民
+幣506,529,000元)。
+During the year, the Group had non-cash additions
+to right-of-use assets and lease liabilities of
+RMB961,161,000 (2020:RMB506,529,000) and
+RMB961,161,000 (2020:RMB506,529,000),
+respectively, in respect of lease arrangements for
+leasehold land, buildings and machinery and other
+equipment.
+主要非現金交易
+(a)
+Major non-cash transactions
+(a)
+合併現金流量表附註
+45.
+NOTES TO THE CONSOLIDATED STATEMENT
+OF CASH FLOWS
+Changes from financing cash flows
+45.
+New leases
+融資現金流量變動
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+272
+BYD Company Limited
+68,382
+27,131
+1,812,129
+7,715
+110,844
+1,663,719
+544,363
+33,729,304
+於二零二一年十二月三十一日
+At 31 December 2021
+外匯波動
+Foreign exchange movement
+資本化利息
+Interest capitalised
+利息開支
+854,306
+新租賃
+(270,762)
+517,232
+(19,471,981)
+1,011,793
+51,270,597
+於二零二一年一月一日
+Interest expense
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+就本公司授予附屬公司的
+融資向銀行提供的擔保
+RMB'000
+人民幣千元
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+於報告期末,財務報表內未計提的或
+有負債如下:
+(b)
+At the end of the reporting period, contingent
+liabilities not provided for in the financial statements
+were as follows:
+(b)
+於本報告日期,該訴訟案仍處於法律
+訴訟階段。經諮詢於案件中代表本公
+司的本公司法律顧問,董事會認為直
+至目前為止尚難以可靠估計該訴訟的
+最終結果及了結訴訟須支付的有關款
+項金額(如有)。
+富士康訴訟案件(續)
+the obligation, if any, of the litigation cannot be
+made reliably up to date.
+As at the reporting date, the case remains in the
+process of legal proceedings. After consulting the
+Company's legal counsel representing the Company
+for the case, the Board is of the view that the
+estimate of ultimate outcome and amount to settle
+Action against Foxconn (Continued)
+(a)
+訴訟(續)
+(a)
+Litigation (Continued)
+或有負債(續)
+44.
+CONTINGENT LIABILITIES (CONTINUED)
+44.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+269
+(a)
+104,692,731
+97,233,180
+Guarantees given to banks in connection
+with facilities granted to subsidiaries by
+the Company
+271
+Annual Report 2021
+二零二一年年報
+本集團與若干客戶及第三方或有關融
+資機構(「融資機構」)簽訂三方融資
+合作合同(「合作合同」)。根據合作合
+同的安排,本公司向該等融資機構承
+擔回購義務,若客戶違約或合同約定
+的特定條件,本公司繼承全部債權以
+及相關權益。同時,本集團須向融資
+機構償付客戶的剩餘款項,並有權通
+過變賣新能源汽車等救濟措施採取收
+回措施,以償付客戶對融資機構的剩
+餘欠款,並保留對剩餘債權進行追索
+的權利。管理層認為,收回的汽車能
+夠變賣,而變賣收入與收購價的差額
+並不重大。於二零二一年十二月三十
+一日,本集團對該等義務最大敞口為
+人民幣6,409,637,000元(二零二零
+年:人民幣8,644,159,000元)。截至
+二零二一年十二月三十一日止年度,
+未發生因客戶拖欠付款而令本集團需
+向融資機構支付的任何款項。
+creditor's rights. Management believes that the
+repossessed vehicles will be able to be sold for
+proceeds that are not significantly different from the
+repurchase payments. As at 31 December 2021,
+the Group's maximum exposure to these obligations
+was_RMB6,409,637,000 (2020: RMB8,644,159,000).
+For the year ended 31 December 2021, there was
+no default of payments from customers which
+required the Group to make payments to Financial
+Institutions.
+Company reserves the right to pursue the remaining
+and has the right to take recovery measures by
+way of sale of new energy vehicles and other
+relief measures to pay the remaining arrears of
+the customers to the Financial Institutions. The
+to make payments to Financial Institutions for the
+outstanding payments due from the customers
+interests. At the same time, the Company is required
+Pursuant to the arrangement under the Cooperation
+Contracts, the Company bears repurchase
+obligations to Financial Institutions that in the event
+of customer default or other specific conditions, the
+Company inherits all the creditor's rights and related
+The Group entered into tri-lateral finance
+cooperation contracts (the “Cooperation Contracts”)
+with certain customers and third parties or related
+financial institutions (“Financial Institutions").
+回購義務
+(c)
+或有負債(續)
+二零二一年十二月三十一日
+44.
+(c)
+CONTINGENT LIABILITIES (CONTINUED)
+44.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+270
+BYD Company Limited
+於二零二一年十二月三十一日,本公
+司就向銀行作出擔保而授予附屬公
+司及合營公司的銀行融資中,分別
+約人民幣26,780,940,000元(二零二
+零年:人民幣33,832,287,300元)及
+人民幣3,706,128,000元(二零二零
+年:人民幣5,539,327,000)已獲動
+用。
+respectively.
+As at 31 December 2021, the banking facilities
+granted to subsidiaries and joint ventures subject
+to guarantees given to banks by the Company
+were utilised to the extent of approximately
+RMB26,780,940,000 (2020:RMB33,832,287,300)
+_and_RMB3,706,128,000 (2020: RMB5,539,327,000),
+Repurchase obligation
+45.
+Annual Report 2021
+二零二一年年報
+OF CASH FLOWS (CONTINUED)
+4,560,087
+廠房及機器
+樓宇
+Plant and machinery
+Contracted, but not provided for:
+Buildings
+已訂約但未撥備:
+人民幣千元
+RMB'000
+二零二零年
+二零二一年
+RMB'000
+人民幣千元
+2020
+2021
+本集團於報告期末擁有下列資本承
+擔:
+(a)
+The Group had the following capital commitments at
+the end of the reporting period:
+(a)
+承擔
+46.
+COMMITMENTS
+46.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+273
+(153,877)
+(270,762)
+(239,359)
+673,138
+融資活動內
+Capital contribution in respect of
+16,534,412
+892,582
+RELATED PARTY TRANSACTIONS
+NOTES TO THE CONSOLIDATED STATEMENT
+47.
+47.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+274
+BYD Company Limited
+450,775
+1,190,271
+人民幣千元
+RMB'000
+2020
+二零二零年
+二零二一年
+RMB'000
+人民幣千元
+2021
+Capital contribution payable to joint ventures 向合營公司出資
+此外,本集團分佔合營公司本身的資
+本承擔(未計入上表)如下:
+(b)
+In addition, the Group's share of joint ventures'own
+capital commitments, which are not included in the
+above, is as follows:
+(b)
+3,837,434
+investments
+112,757
+3,051,539
+與投資有關的注資
+Within financing activities
+21,987,081
+(1,237,105) (1,270,066)
+Interest expense
+344,593
+新租賃
+New leases
+(153,877)
+(27,738,609)
+融資現金流量變動
+Changes from financing cash flows
+767,720
+75,978,345
+於二零二零年一月一日
+At 1 January 2020
+租賃負債
+Lease
+計息銀行及
+其他借款
+borrowings
+and other
+bearing bank
+Interest-
+二零二零年
+2020
+融資活動所產生的負債變動(續)
+(b)
+(b)
+(3,273,197)
+45. 合併現金流量表附註 (續)
+Changes in liabilities arising from financing
+activities (continued)
+利息開支
+3,067,379
+liabilities
+Interest capitalised
+經營活動內
+Within operating activities
+56,422
+投資活動內
+人民幣千元
+RMB'000
+二零二零年
+二零二一年
+RMB'000
+人民幣千元
+Within investing activities
+2021
+計入合併現金流量表之租賃現金流出
+總額如下:
+consolidated statement of cash flows is as follows:
+The total cash outflow for leases included in the
+租賃的現金流出總額
+2020
+資本化利息
+Total cash outflow for leases
+(c)
+1,011,793
+51,270,597
+於二零二零年十二月三十一日
+At 31 December 2020
+(89,306)
+(3,065)
+新冠肺炎相關的出租人租金優惠
+外匯波動
+52,788
+Foreign exchange movement
+(c)
+Covid-19-related rent concessions from lessors
+結餘為無抵押、免息及無固定還款
+期。
+(d)
+47. RELATED PARTY TRANSACTIONS
+(CONTINUED)
+cancellable leases falling due as follows:
+於二零二一年十二月三十一日,本集
+團根據不可撤銷租賃與關聯公司擁有
+的租賃負債總額到期情況如下:
+As at 31 December 2021, the Group had total
+lease liabilities with related companies under non-
+Lease liabilities - current
+(c)
+與關聯方的未償還結餘:(續)
+(c)
+Outstanding balances with related parties:
+(continued)
+關聯方交易(續)
+47.
+31 December 2021
+二零二一年十二月三十一日
+The balances are unsecured, interest-free and have
+no fixed terms of repayment.
+租賃負債 - 即期
+RMB'000
+租賃負債 - 非即期
+8,622
+財務報表附註
+7,480
+2,604
+9,665
+6,018
+人民幣千元
+RMB'000
+人民幣千元
+十二月三十一日 十二月三十一日
+二零二零年
+二零二一年
+2020
+2021
+31 December
+31 December
+Lease liabilities - non-current
+Notes to Financial Statements
+Amounts due to other related parties:
+Annual Report 2021
+二零二一年年報
+1,636,828
+208,821
+開發有限公司
+青海鹽湖比亞迪資源
+(「比豐電動車」)
+Northern Qinchuan
+Development Co., Ltd.
+2,398,177
+Qinghai Salt Lake BYD Resources
+12,954
+98,599
+比亞迪豐田電動車
+BYD-TOYATA EV Technology Co., Ltd.
+(“BTET”)
+34,850
+12,827
+17,145
+科技有限公司
+281
+2021
+二零二一年
+RMB'000
+人民幣千元
+北方秦川
+137,566
+84,150
+48
+199
+174
+120,683
+83,976
+應付其他關聯方款項:
+16,630
+2020
+二零二零年
+RMB'000
+人民幣千元
+文石信息
+Onyx International Inc.
+明珠塑料
+當升科技
+優必選
+UBTECH
+Easpring Technology
+Mingzhu Plastic
+6
+As at 31 December 2021, the net carrying amount of
+right-of use assets relating to such rental contracts
+金融資產
+於二零二一年十二月三十一日,與
+該等租賃合約有關的使用權資產的
+賬面淨值為人民幣7,508,000元(二
+零二零年十二月三十一日:人民幣
+14,912,000).
+fair value
+assets at
+Financial
+長期應收賬款
+Long-term receivables
+Financial assets
+2021
+於報告期末,各類金融工具的賬面值載列如
+下:
+instruments as at the end of the reporting period are as
+follows:
+The carrying amounts of each of the categories of financial
+分類金融工具
+48.
+FINANCIAL INSTRUMENTS BY CATEGORY
+48.
+31 December 2021
+二零二一年十二月三十一日
+二零二一年
+東莞德瑞
+through
+profit
+Total
+cost
+as such investments investments
+amortised
+Equity
+Debt
+designated
+財務報表附註
+assets at
+Financial
+以公允價值計量並計入
+其他綜合收益的金融資產
+損益的
+金融資產
+comprehensive income
+fair value through other
+Financial assets at
+or loss
+以公允價值
+計量並計入
+Mandatorily
+Notes to Financial Statements
+283
+Annual Report 2021
+二零二一年年報
+關聯方交易(續)
+47.
+(e)
+(CONTINUED)
+47. RELATED PARTY TRANSACTIONS
+二零二一年十二月三十一日
+31 December 2021
+Compensation of key management personnel
+of the Group:
+財務報表附註
+比亞迪股份有限公司
+282
+BYD Company Limited
+於二零二一年,本集團在比亞迪汽
+車金融的關聯方存款餘額為人民幣
+14,700,000,000元(二零二零年十二
+月三十一日:人民幣2,500,000,000
+元),以中國人民銀行公佈的同期
+存款基準利率為基準,年利率介乎
+2.25%至3%(二零二零年:1.65%至
+2.25%)°
+存放於關聯方的貨幣基金:
+(d)
+Monetary funds deposited with related parties:
+In_2021,the Group kept a related party deposit
+balance of RMB14,700,000,000 (31 December 2020:
+RMB2,500,000,000) with the BYD Auto Finance,
+where the annual interest rate was from 2.25% to
+3%(2020:1.65% to 2.25%) on the basis of the
+benchmark interest rate published by the People's
+Bank of China on the deposit for the same period.
+Notes to Financial Statements
+amounted to RMB7,508,000 (31 December 2020:
+RMB14,912,000).
+(e) 本集團的主要管理人員薪酬:
+2020
+則第14A章界定的關連交易。
+有關附註47(a)、(b)、(c)及(d)所載
+的項目的關聯方交易並不構成上市規
+董事及監事酬金的進一步詳情載於合
+併財務報表附註9。
+constitute connected transactions as defined in
+Chapter 14A of the Listing Rules.
+The related party transactions in respect of the
+items set out in note 47(a), (b), (c) and (d) do not
+Further details of directors' and supervisors'
+emoluments are included in note 9 to the
+consolidated financial statements.
+71,622
+2021
+二零二一年
+RMB’000
+人民幣千元
+73,087
+431
+71,300
+72,656
+短期僱員福利
+退休計劃供款
+Pension scheme contributions
+Short term employee benefits
+二零二零年
+RMB'000
+人民幣千元
+322
+Dongguan Tec-Rich
+47. RELATED PARTY TRANSACTIONS
+美好出行
+西安城投
+38
+深電能及其附屬公司
+30,425
+37,740
+北京華林特裝車
+Xi'an Infrastructure
+Shendianneng and its subsidiaries
+Beijing Hualin Loading
+23,934
+10,199
+深圳迪滴及其附屬公司
+Shenzhen Didi and its subsidiaries
+1,532,276
+915,774
+237,776
+BYD Electric Car and its subsidiaries
+比亞迪電動汽車及
+71
+比豐電動車
+33,075
+銀川運營
+4,211
+171,059
+東莞德瑞
+30,680
+廣汽比亞迪
+518
+Meihao Chuxing
+Faurecia
+BTET
+Yinchuan Operation
+Dongguan Tec-Rich
+Tianjin Hongdi
+其附屬公司
+天津宏迪
+Guang Qi BYD
+40,139
+11,029
+應收合營公司及聯營公司
+Amounts due from joint ventures and
+人民幣千元
+二零二零年
+RMB'000
+二零二一年
+RMB'000
+人民幣千元
+2020
+2021
+associates:
+(c) 與關聯方的未償還結餘:
+(c)
+(CONTINUED)
+47. RELATED PARTY TRANSACTIONS 47. 關聯方交易(續)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+279
+Outstanding balances with related parties:
+422
+款項:
+騰勢
+西湖新能源
+Xihu New Energy
+1,649
+278,358
+140,157
+比亞迪汽車金融
+BYD Auto Finance
+DENZA
+3,192
+International Financial Lease
+1,122,068
+744,338
+天津比亞迪
+Tianjin BYD
+28,162
+15,004
+國際融資租賃
+佛吉亞
+98,566
+71,958
+深電能及其附屬公司
+Shendianneng and its subsidiaries
+1,803
+128,678
+342,926
+廣汽比亞迪
+Guang Qi BYD
+11
+1,374
+西湖新能源
+22,427
+天津比亞迪
+Xihu New Energy
+Tianjin BYD
+125,469
+93,214
+國際融資租賃
+12,451
+International Financial Lease
+2,339
+比亞迪汽車金融
+Meihao Chuxing
+540
+58
+深圳迪滴及其附屬公司
+Shenzhen Didi and its subsidiaries
+其附屬公司
+14,369
+BYD Auto Finance
+19,158
+BYD Electric Car and its subsidiaries
+769,042
+994,311
+佛吉亞
+Faurecia
+275
+64
+比亞迪電動汽車及
+896,321
+190,265
+騰勢
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+280
+BYD Company Limited
+2020
+二零二零年
+RMB'000
+人民幣千元
+二零二一年十二月三十一日
+49,006
+應收關聯方款項:
+Amounts due from other related parties:
+Changhehua lithium
+2021
+二零二一年
+RMB'000
+人民幣千元
+3,434,820
+2,311,945
+163,947
+美好出行
+長和華鋰科技
+51,859
+以攤銷
+關聯方交易(續)
+DENZA
+款項:
+associates:
+應付合營公司及聯營公司
+Amounts due to joint ventures and
+人民幣千元
+RMB'000
+47.
+二零二零年
+2020
+2021
+與關聯方的未償還結餘:(續)
+(c)
+Outstanding balances with related parties:
+(continued)
+(c)
+(CONTINUED)
+二零二一年
+RMB'000
+人民幣千元
+強制指定為
+財務報表附註
+該類別
+RMB’000
+人民幣千元
+59,533,615 71,536,416
+8,862,340 1,420,080
+1,720,381
+13,738,498 13,738,498
+277,491
+277,491
+429,041
+429,041
+24
+24 --
+現金及現金等價物
+Cash and cash equivalents
+受限制銀行存款
+Restricted bank deposits
+已抵押存款
+BYD Company Limited
+286
+比亞迪股份有限公司
+Notes to Financial Statements
+liabilities at
+Financial
+through
+fair value
+liabilities at
+Financial
+金融負債
+Pledged deposits
+二零二零年
+2020
+分類金融工具(續)
+48.
+48. FINANCIAL INSTRUMENTS BY CATEGORY
+(CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Financial liabilities
+amortised
+衍生金融工具
+Derivative financial instruments
+Other non-current financial assets
+1,420,080
+1,420,080
+1,804,913
+1,804,913
+以公允價值計量並計入其他綜合
+收益的權益投資
+other comprehensive income
+Equity investments at fair value through
+長期應收賬款
+Long-term receivables
+RMB'000
+人民幣千元
+總計
+金融資產
+RMB'000
+人民幣千元
+權益投資
+RMB'000
+人民幣千元
+債務投資
+RMB'000
+人民幣千元
+其他非流動金融資產
+284,896
+284,896
+Trade receivables
+other receivables and other assets
+1,976,417
+540,956
+1,435,461
+計入預付款項、其他應收賬款及
+Financial assets included in prepayments,
+8,862,340
+其他資產的金融資產
+8,862,340
+3,434,820
+3,434,820
+應收合營公司及聯營公司款項
+Due from joint ventures and associates
+Receivbles Financing
+39,307,896
+39,307,896
+應收貿易賬款
+應收款項融資
+profit or loss
+cost
+Total
+The fair values of the financial assets and liabilities are
+included at the amount at which the instrument could be
+exchanged in a current transaction between willing parties,
+other than in a forced or liquidation sale. The following
+methods and assumptions were used to estimate the fair
+values:
+instruments. The corporate finance team reports directly
+to the chief financial officer and the audit committee. At
+each reporting date, the corporate finance team analyses
+the movements in the values of financial instruments and
+determines the major inputs applied in the valuation. The
+valuation is reviewed and approved by the chief financial
+officer. The valuation process and results are discussed
+with the audit committee twice a year for interim and annual
+financial reporting.
+The Group's corporate finance team headed by the finance
+manager is responsible for determining the policies and
+procedures for the fair value measurement of financial
+管理層已評估受限制銀行存款、現金及現金
+等價物、已抵押存���、應收貿易賬款、應付
+貿易賬款及票據、計入預付款項、其他應收
+賬款及其他資產的金融資產、計入其他應付
+款項及應計費用的金融負債、應收/應付合
+營公司及聯營公司款項及應收/應付其他關
+聯方款項的公允價值與其賬面值相若,此乃
+主要由於該等工具均屬於短期性質。
+Management has assessed that the fair values of restricted
+bank deposits, cash and cash equivalents, pledged
+deposits,trade receivables, trade and bills payables,
+financial assets included in prepayments, other receivables
+and other assets, financial liabilities included in other
+payables and accruals, amounts due from/to joint ventures
+and associates and amounts due from/to other related
+parties approximate to their carrying amounts largely due
+to the short-term maturities of these instruments.
+金融工具之公允價值及公允價值層級
+49.
+FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS
+49.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+287
+Annual Report 2021
+二零二一年年報
+2,866,449 114,208,527 117,074,976
+The fair values of the interest-bearing bank and other
+borrowings have been calculated by discounting the
+expected future cash flows using rates currently available
+for instruments with similar terms, credit risk and remaining
+maturities. The changes in fair value as a result of the
+Group's own non-performance risk for interest-bearing
+bank and other borrowings as at 31 December 2021 were
+assessed to be insignificant.
+本集團企業融資團隊由融資經理領導,負責
+釐定金融工具公允價值計量之政策及程序。
+企業融資團隊直接向財務總監及審核委員會
+報告。於各報告日期,企業融資團隊分析金
+融工具之價值變動及釐定應用於估值之主要
+輸入數字。估值交由財務總監審核及批准。
+財務總監與審核委員會每年就中期及年度財
+務報告的估值程序及結果進行兩次討論。
+金融資產及負債的公允價值乃各自願人士之
+間進行現時交易時工具可予以匯兌的價格,
+而該等交易並非在被迫或清盤的情況下進
+行。以下方法及假設用於估計公允價值:
+本集團進行的非上市投資乃指由中國內地銀
+行發行的理財產品。本集團已根據相若條款
+及風險工具的市場利率,使用折現現金流量
+估值模型估計該等非上市投資的公允價值。
+上市的權益工具投資,以市場報價確定公允
+價值。對於限售股票、非上市的權益工具投
+資,本集團利用近期交易法或者採用估值技
+術來確定其公允價值,估值技術包括市場乘
+數法、期權定價模型等。其公允價值的計量
+採用了重要的不可觀察參數,比如企業價
+值/收入(“EV/Revenue”)比率、流動性折扣
+等。持續第三層次公允價值計量的金融工具
+對這些不可觀察輸入值的合理變動無重大敏
+感性。本集團相信,以估值技術估計的公允
+價值及其變動,是合理的,並且亦是於資產
+負債表日最合適的價值。
+valuation model based on the market interest rates of
+instruments with similar terms and risks.
+The Group invests in unlisted investments, which represent
+wealth management products issued by banks in Mainland
+China. The Group has estimated the fair value of these
+unlisted investments by using a discounted cash flow
+The fair values of listed equity investments are based on
+quoted market prices. For restricted shares and unlisted
+equity investments, the Group adopts recent transaction
+method or the valuation techniques to determine the fair
+values. Valuation techniques include market multiples and
+option pricing model, etc. The fair value measurement
+of these financial instruments may involve important
+unobservable inputs such as enterprise value to revenue
+(“EV/Revenue") multiple and liquidity discount. The
+fair value of the financial instruments in Level 3 was
+not significantly sensitive to a reasonable change in
+these unobservable inputs. The Group believes that the
+estimated fair values resulting from the valuation technique
+and the related changes in fair values are reasonable, and
+they were the most appropriate values at the end of the
+reporting period.
+金融工具之公允價值及公允價值層級
+(續)
+49.
+3,547,101
+49. FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS (CONTINUED)
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+288
+BYD Company Limited
+計息銀行及其他借款的公允價值是基於預期
+未來折現現金流量按類似條款、信用風險和
+剩餘到期日的工具的通行利率計算。於二零
+二一年十二月三十一日,本集團有關計息銀
+行及其他借款未履約風險的公允價值變動被
+評為不重大。
+二零二一年十二月三十一日
+738,193
+2,808,908
+應計費用的金融負債
+其他負債
+51,270,597
+51,270,597
+計息銀行及其他借款
+Interest-bearing bank and
+49,791,630 49,791,630
+應付貿易賬款及票據
+Trade and bills payables
+other borrowings
+人民幣千元
+RMB'000
+人民幣千元
+總計
+成本計量的
+金融負債
+計入損益的
+金融負債
+RMB'000
+人民幣千元
+以攤銷
+計量並
+以公允價值
+RMB'000
+該類別
+RMB'000
+人民幣千元
+Due to joint ventures and associates
+2,398,177
+other payables and accruals
+Other liabilities
+8,860,571
+8,860,571
+57,541
+57,541
+137,566
+1,011,793
+1,011,793
+應付合營公司及聯營公司款項
+137,566
+計入其他應付款項及
+Financial liabilities included in
+衍生金融工具
+Derivative financial instruments
+租賃負債
+應付其他關聯方款項
+Due to other related parties
+Lease liabilities
+2,398,177
+成本計量的
+強制指定為
+以攤銷
+BYD Company Limited
+2,913,836 920,210,379 109,174,508
+8,743,126
+7,307,167
+49,819,860
+49,819,860
+109,109
+109,109
+528,128
+528,128
+-
+31,600
+7,894,500
+852,905
+8,743,126
+284
+比亞迪股份有限公司
+Notes to Financial Statements
+31 December 2021
+liabilities at
+fair value
+Financial
+liabilities at
+Financial
+金融負債
+二零二一年
+-
+Financial liabilities
+於報告期末,各類金融工具的賬面值載列如
+下:(續)
+instruments as at the end of the reporting period are as
+follows: (continued)
+The carrying amounts of each of the categories of financial
+分類金融工具(續)
+48.
+48. FINANCIAL INSTRUMENTS BY CATEGORY
+(CONTINUED)
+二零二一年十二月三十一日
+2021
+2,138,764
+35,593,138
+35,593,138
+2,138,764
+8,743,126
+應收款項融資
+應收合營公司及聯營公司款項
+Due from joint ventures and associates
+Receivables Financing
+應收貿易賬款
+233,972
+其他非流動金融資產
+Financial assets included in prepayments,
+Other non-current financial assets
+Trade receivables
+other comprehensive income
+Equity investments at fair value through
+RMB'000
+人民幣千元
+總計
+金融資產
+RMB'000
+人民幣千元
+權益投資
+RMB’000
+人民幣千元
+債務投資
+RMB’000
+人民幣千元
+以公允價值計量並計入其他綜合
+收益的權益投資
+through
+計入預付款項、其他應收賬款及
+other receivables and other assets
+-
+233,972
+2,913,836
+2,913,836
+1,168,475
+1,168,475
+現金及現金等價物
+7,041,595
+Cash and cash equivalents
+Restricted bank deposits
+已抵押存款
+Pledged deposits
+31,600
+衍生金融工具
+其他資產的金融資產
+Derivative financial instruments
+受限制銀行存款
+成本計量的
+amortised
+cost
+through
+fair value
+assets at
+Financial
+Financial assets
+2020
+(CONTINUED)
+分類金融工具(續)
+48. FINANCIAL INSTRUMENTS BY CATEGORY 48.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+285
+Annual Report 2021
+二零二一年年報
+2,936,143
+profit
+or loss
+以公允價值
+二零二零年
+金融資產
+Total
+cost
+investments
+investments
+amortised
+Equity
+Debt
+2,963,792
+designated
+as such
+Financial
+以公允價值計量並計入
+其他綜合收益的金融資產
+損益的
+金融資產
+Mandatorily
+計量並計入
+comprehensive income
+fair value through other
+Financial assets at
+assets at
+27,649
+2,936,143
+其他負債
+計息銀行及其他借款
+Interest-bearing bank and
+79,043,879 79,043,879
+應付貿易賬款及票據
+Trade and bills payables
+人民幣千元
+RMB'000
+33,729,304
+總計
+成本計量的
+金融負債
+金融負債
+RMB'000
+人民幣千元
+計入損益
+以攤銷
+計量並
+以公允價值
+Total
+RMB'000
+人民幣千元
+profit or loss
+33,729,304
+Due to joint ventures and associates
+應計費用的金融負債
+41,074,871 41,074,871
+計入其他應付款項及
+1,663,719
+1,663,719
+租賃負債
+84,150
+other borrowings
+84,150
+other payables and accruals
+Other liabilities
+Financial liabilities included in
+Lease liabilities
+Due to other related parties
+1,636,828
+1,636,828
+應付合營公司及聯營公司款項
+應付其他關聯方款項
+157,260,400 160,196,543
+Annual Report 2021
+二零二一年年報
+在不斷鞏固於國內新能源乘用車市場地位的同時,
+本集團國際化戰略再提速。年內,本集團新能源乘
+用車正式佈局歐洲市場,首站挪威,計劃於年底
+前發出的1,500輛「唐EV」已順利抵達,並完成了
+1,000輛的交付,邁出了海外市場的重要一步。此
+外,本集團「漢EV」、「唐EV」、「元」系列車型也在
+全球範圍內多次亮相,為本集團全球化佈局打下基
+礎。
+BYD Company Limited
+22
+比亞迪股份有限公司
+Management Discussion and Analysis
+管理層討論與分析
+In addition, with the burst of the new energy vehicle industry,
+the Group accurately grasped the window phase of issuance
+and completed two lightning placements of new H shares in
+January and November, respectively, which raised a total gross
+proceeds of nearly HK$43.8 billion. It provided strong financial
+support for the Group to increase its investment in automotive
+electrification, intelligence and power batteries, and helped the
+Group's business to achieve rapid growth. The placements of new
+H shares of the Company had attracted the participation of many
+top long-term and sovereign funds around the world, providing a
+good opportunity for the Group's capital structure and financial
+structure to be further optimized.
+Within the policy context of "Dual-Carbon", as a determined
+practitioner and leader of a green dream, the Group has
+responded positively by giving full play to its unique advantages
+in the field of new energy, launching comprehensive green
+solutions including new energy vehicle, photovoltaics, energy
+storage,“SkyRail” and “SkyShuttle”. In addition, while contributing
+to the realization of the "Dual-Carbon" goal, the Group continues
+to tap its own energy-saving and emission-reduction potential,
+striving to be a benchmark enterprise in green manufacturing.
+In August, the Group took the lead in building the first zero-
+carbon headquarter of automobile brand in China, setting a
+new benchmark for energy-saving and emission reduction in the
+industry. In November, the Group was awarded the first SGS
+Certificate of Declaration of Commitment to Carbon Neutrality
+in China, marking the recognition of the Group Industrial Park's
+efforts in carbon neutrality by an international authoritative third-
+party organization during _2021. In December, the Group was
+granted the award of “Outstanding Green Enterprise” again. In
+addition, the Group actively takes its social responsibility. During
+the year, Zhengzhou, Henan and other places had suffered from
+natural disasters such as a heavy rainfall, and the Group not only
+contributed to Zhengzhou Charity Federation through BYD Charity
+Foundation for disaster rescue emergency initiatives and post
+disaster recovery efforts, but also launched owner emergency
+rescue service access, and opened all the 4S shops in Zhengzhou
+as emergency shelters to assist disaster resistance to the extent
+possible. In reacting to the recurring COVID-19 pandemic in
+certain regions, the Group helped Shenzhen to fight the pandemic
+in the form of donating pandemic prevention materials, and as
+the Company launched the battery electric P2+ nucleic acid test
+vehicle with a domestic leading life science and biotechnology
+company, it incorporates green technology into medical services
+to offer more reliable, stronger and eco-friendly support for
+pandemic prevention and control.
+此外,伴隨着新能源汽車行業的爆發,本集團於一
+月和十一月精準把握發行窗口期,分別成功完成兩
+次新H股閃電配售,合計募集資金近438億港元。為
+本集團加碼汽車電動化、智能化和動力電池等領域
+的投入提供強大的資金支持,助力本集團業務實現
+快速成長。本次新H股配售吸引了全球眾多頂級長
+線、主權基金參與,為本集團資本結構和財務結構
+進一步優化提供良機。
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+對外合作方面,本集團繼續以戰略投資為紐帶實現
+產業賦能,加速打造產業生態,實現合作共贏。期
+內,在半導體、汽車智能化、工業軟件及新材料領
+域,本集團依託自身深厚的技術和應用經驗,積極
+佈局半導體全產業鏈、汽車智能相關軟硬件及汽車
+零部件設計製造等方向,推進技術研發層面的縱深
+探索。在動力電池領域,本集團通過佈局電池鋁
+箔、鋁塑膜、隔膜及電解液添加劑相關優質資源,
+進一步加強上下游產業協同。在碳中和領域,本集
+團將利用自身新能源產業優勢,積極佈局國家雙碳
+政策所支持的各類行業。
+管理層討論與分析
+The Group is a global leader in smart phones and other smart
+terminals, providing world famous customers with the development
+of new materials, product design and development, components
+and machine manufacturing, supply chain management, logistics
+and after-sales service and other one-stop services. The Group
+provides a wide range of services covering many segments, such
+as smart phones, smart wearables, computers, Internet of Things,
+smart homes, game hardware, robots, drones, communication
+equipment, electronic atomizers, automotive intelligent systems,
+medical and health equipment, etc. Leveraging on the industry-
+leading research and development strength, the accumulation of
+rapid large-scale production and customer advantages, as well as
+the diversified product portfolio, the Group's business continued
+to show a steady development trend.
+During the year, while focusing on enhancing core business, the
+Group also adhered to a diversified business layout, continuously
+I worked on new business fields, increased its product share and
+injected new growing momentum into its business development.
+The Group's market share in large Android customers continued
+to increase, and it is strengthening efforts in exploring business
+with key customers in North America, creating a powerful engine
+for revenue growth. The new smart product sector has developed
+rapidly and robustly, nonetheless, the Group is dedicated
+to increase its product variety. Shipments of smart homes,
+game hardware, drones and other products have increased
+continuously, driving revenue to a high-speed growth track.
+Development of electronic atomization products are progressing
+smoothly, breaking through key technical barriers and opening
+up a new growth channel for the Group. Thanks to the prosperity
+of new energy vehicle industry, the Group's shipments of the
+automobile intelligent system products experienced a significant
+growth. The Group actively increased investment in the R&D of
+automotive intelligent systems and increased product chain as a
+new growth driver. Despite the shortage of chips in the industry
+and weak domestic demand, sales of the Group achieved rapid
+growth.
+手機部件及組裝業務
+本集團是全球領先的智能手機及其他智能終端的領
+導者,為全球著名客戶提供新材料開發、產品設計
+與研發、零組件及整機製造、供應鏈管理、物流及
+售後等一站式服務。集團業務多元化,涵蓋多個領
+域,包括智能手機、智能穿戴、計算機、物聯網、
+智能家居、遊戲硬件、機器人、無人機、通信設
+備、電子霧化、汽車智能系統、醫療健康設備等。
+依託於業界領先的研發實力、積累快速規模化生產
+及客戶優勢,以及多元的產品組合,本集團業務持
+續呈現穩步發展態勢。
+年內,本集團聚焦提升核心業務的同時,亦堅持多
+元化佈局,不斷導入新的業務領域,產品份額持續
+提升,並為業務發展持續注入新動能。集團於安卓
+大客戶的業務份額持續提升,而於北美大客戶的業
+務佈局持續加強成為收入增長的強大引擎。新型智
+能產品板塊快速鋪開,致力擴張品類,業務蓬勃發
+展,其中智能家居、遊戲硬件、無人機等產品出貨
+量持續增長,帶動收入邁向高速增長軌道。電子霧
+化產品進展順利,突破關鍵技術壁壘,為本集團打
+開新增長曲線。受益於新能源汽車行業高景氣,本
+集團的汽車智能系統產品出貨量大幅增長,並積極
+加大汽車智能系統的研發投入及增加產品鏈,成為
+新興成長動能。儘管在行業芯片短缺及內需疲軟的
+大環境下,本集團的銷售規模仍實現高速增長。
+23
+BYD Company Limited
+24
+比亞迪股份有限公司
+Management Discussion and Analysis
+Handset Components and Assembly Business
+管理層討論與分析
+在市場化戰略下,本集團開放供應鏈、打造生態
+圈,讓核心業務板塊擁有獨立造血的能力,從而使
+得各業務之間產生共振效應、促進整車業務的蓬勃
+發展。期內,旗下子公司比亞迪半導體分拆上市申
+請獲深交所受理,是本集團市場化戰略佈局的重要
+里程碑。比亞迪半導體是國內車規級半導體領導
+廠商,分拆上市將有利於比亞迪半導體拓寬融資渠
+道、加快客戶多元化,增強國內新能源汽車產業鏈
+的自主可控能力。未來,比亞迪半導體將加強資源
+整合能力和產品研發能力形成可持續競爭優勢,充
+分利用國內資本市場,把握市場發展機遇,致力於
+成為高效、智能、集成的新型半導體供應商。
+Guided by the marketization strategy, the Group opened the
+supply chain and built an ecosystem which enables core business
+segments to generate revenues independently, so that different
+business segment of the Group could have resonance effect,
+which further promotes the robust growth of the vehicle business.
+During the period, its subsidiary BYD Semiconductor's application
+for spin-off was accepted by the Shenzhen Stock Exchange, which
+is an important milestone in the Group's market-oriented strategic
+initiatives. BYD Semiconductor is in the leading position of the
+domestic automotive-grade semiconductors manufacturers. Spin-
+off will help BYD Semiconductor, to expand financing channel,
+improve the diversity of customers and enhance the independence
+of the industry chain of domestic new energy vehicle. Going
+forward, BYD Semiconductor will form a sustainable competitive
+advantage by strengthening resource integration capabilities and
+product R&D abilities. Making the utmost of the domestic capital
+market and seizing market development opportunities, BYD
+Semiconductor is committed to becoming an efficient, intelligent,
+and integrated new semiconductor supplier.
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+管理層討論與分析
+In the field of Plug-in Hybrid Electric vehicles, BYD's “DM-i Super
+Hybrid”products, “fuel vehicle subverter”, have the similar price
+level with the fuel-engine vehicles. With the characteristics of ultra-
+low fuel consumption, quiet, smooth as well as excellent power,
+the "DM-i Super Hybrid" products have received widespread
+market attention and recognition. In January, the three “DM-i
+Super Hybrid”models i.e. “Qin PLUS DM-i”,“Song PLUS DM-i”
+and“Tang DM-i”were launched together and once released, the
+orders boomed and the demand exceeded the supply. Given
+rising market enthusiasm, although the sales volume increased
+month by month, the number of cumulative undelivered order kept
+hitting record highs. At the same time, in order to further improve
+the product matrix and meet the needs of consumers for niche
+markets,another member of the “DM-i Super Hybrid”family,the
+“Song Pro DM-i", was officially launched in December.
+In the field of Battery Electric vehicles, with technical innovations
+such as super safety, super endurance and super strength,
+"Blade Batteries" has reshaped the industry's perception of LFP
+batteries and accelerated its application in the field of passenger
+vehicles. In April, the full series of the Group's Battery Electric
+passenger vehicles were equipped with "Blade Batteries", which
+further upgraded the safety standards of the full series to provide
+consumers with safer driving experience, further enhanced the
+distinct competitiveness of the product and boosted the sales
+of Group's New Battery Electric vehicles to a record high. In
+addition, as the cradle of the next generation of high-performance
+intelligent electric vehicles, “e-Platform 3.0” combines four
+advantages of intelligence, efficiency, safety and aesthetics,
+which greatly improves the intelligent driving experience. In
+August, the first model equipped with “e-Platform 3.0”,“Dolphin”,
+was launched and its sales volume grew steadily.
+In addition, in order to comply with the market trend and satisfy
+the diversified needs of consumers, the Group officially launched
+"Marine" in November. It is an integrated sales network under the
+Group which not only fully integrates its advantageous channel
+resources but also develops more new marketing approaches.
+Starting from the consumption habits of young people, "Marine"
+opened super shops and city exhibition halls on the basis of
+the traditional 4S shop sales model to reach more customers
+and actively communicate with consumers to understand their
+real needs. Its products consist of two main series: the "Marine
+Life" with the latest technology of Battery Electric vehicle with
+“e-Platform 3.0”and the “Warship”with “DM-i Super Hybrid”
+technology.
+插電式混動汽車領域,被譽為「燃油車顛覆者」的
+「DM-i超級混動」產品,其價格直指同級別燃油車,
+並憑借超低油耗、靜謐平順、卓越動力的特點,廣
+受市場關注及認可。一月,「DM-i超級混動」車型
+「秦PLUS DM-i」、「宋PLUS DM-i」和「唐DM-i」三
+劍齊發,一經發佈即迎來訂單火爆,供不應求的良
+好局面,市場熱情持續高漲,儘管銷量逐月攀升,
+但累計未交付訂單還是不斷創出新高。同時,為了
+進一步完善產品序列,滿足消費者對細分市場的需
+求,十二月,「DM-i超級混動」家族再添一員,「宋
+Pro DM-i」正式上市。
+純電動汽車領域,「刀片電池」憑借超級安全、超級
+續航、超級強度等技術創新,重塑了行業對磷酸鐵
+鋰電池的認知,加速了磷酸鐵鋰電池在乘用車領域
+的滲透。四月,本集團旗下新能源純電動乘用車全
+系換裝「刀片電池」,實現了全系安全標準再升級,
+為消費者的安全駕乘保駕護航,並進一步提升產品
+的獨特競爭力,助力本集團純電動乘用車銷量屢創
+新高。此外,「e平台3.0」作為下一代高性能智能電
+動車的搖籃,兼具智能、高效、安全、美學四大優
+勢,大幅提升智能駕駛體驗。八月,搭載「e平台
+3.0」的首款車型「海豚」上市,月銷量一路攀升。
+此外,為順應市場發展趨勢,滿足消費者多元化的
+消費需求,本集團於十一月正式發佈「海洋網」。
+「海洋網」是本集團旗下一個綜合型的銷售網絡,不
+僅全面融合了本集團優勢渠道資源,而且開拓了更
+多新穎的營銷方式。「海洋網」從年輕人消費習慣出
+發,在傳統4S店銷售模式上新增了商超店和城市展
+廳,主動延伸用戶觸點,積極與消費者溝通,了解
+目標客群的真實訴求。其產品包含兩大序列:搭載
+純電「e平台3.0」最新技術的「海洋生物系列」及搭載
+「DM-i超級混動」技術的「軍艦系列」。
+19
+BYD Company Limited
+In terms of external cooperation, the Group continued to
+use strategic investment as a approach to achieve industrial
+empowerment, therefore, accelerate the development of industry's
+ecosystem,which help to forge a win-win cooperation. During
+the period, the Group invested in the field of semiconductor,
+automotive intelligence, industrial software and new materials.
+Relying on the profound technology accumulations and application
+experience, the Group actively deployed the entire industry chain
+of semiconductor, software and hardware related to automotive
+intelligence, automobile components design tools, etc., promoting
+in-depth exploration in technology research and development.
+In the field of power batteries, high-quality resources related
+to battery aluminum foil, alumimum laminated films, diaphragm
+and electrolyte additives are deployed by the Group to further
+strengthen the synergy of upstream and downstream industries.
+In the field of carbon neutrality, the Group will make full use of its
+advantage in new energy industry to actively engage with various
+industries which supported by the national policy of carbon
+peaking and carbon neutrality.
+20
+Management Discussion and Analysis
+管理層討論與分析
+While continuously consolidating its position in the domestic
+new energy passenger vehicle market, BYD further sped up its
+internationalization strategy. Within the year, the Group's new
+energy vehicles formally entered the European market, with
+Norway serving as the first stop, where 1,500 “Tang EVs” planned
+to be shipped by the end of the year. The first 1,000 units had
+been delivered, which was an important step for exploiting the
+overseas market. In addition, the Group's “Han EVs”,“Tang EVs”
+and "Yuan" series models have also unveiled around the world,
+laying a foundation for the Group's global strategy.
+In the field of battery electric buses, the Group continued to
+deepen market layout with leading technologies and flexible
+strategies, continuing to launch high-quality products to meet the
+needs in differentiated market segments. In the domestic market,
+the Group further expanded its passenger transportation and
+public transportation business coverage in Jiuzhaigou, Shigatse,
+Kashgar, Yunhe and Shennongjia, which promotes China's new
+energy passenger vehicle industry to steadily advance. In terms
+of overseas business, it also continued to maintain rapid growth.
+In 2021, the Group had obtained a battery electric buses order in
+Colombia, which is the largest order overseas. And the Group also
+officially entered into the market of Romania, Finland, Pakistan,
+Ireland and South Africa and other countries, to promote the new
+experience of traveling by battery electric buses on a global
+scale.
+純電動大巴領域,本集團憑借領先技術、靈活戰略
+持續深化市場佈局,不斷推出優質產品以滿足細分
+市場的需求。在國內開闢了九寨溝、日喀則、喀
+什、雲和及神農架等地區的客運和公交市場,助力
+中國新能源客車產業穩步向前。海外業務也繼續保
+持快速增長,二零二一年,本集團在哥倫比亞斬獲
+了海外地區迄今為止最大的純電動大巴訂單,並正
+式進入羅馬尼亞、芬蘭、巴基斯坦、愛爾蘭及南非
+等國家,將純電出行新體驗在全球範圍內推廣。
+In the field of urban rail transit, the world's first autonomous
+"SkyShuttle", independently developed by the Group, was officially
+put into operation in the Bishan District of Chongqing, initiated a
+new way of transportation and developed a new experience for
+people's lives. Furthermore, it created a new era of commercial
+application for urban rail transit system. The Bahia, Brazil “Skyrail”,
+which rolled off the assembly line in Shenzhen, is the world's first
+rolled-off overseas version of Skyrail vehicle, which is a symbol of
+major international cooperation to modernize urban transportation.
+城市軌道交通領域,本集團自主研發的全球首輛無
+人駕駛「雲巴」,已在重慶璧山正式投入運營,為人
+們出行增加了新的方式與體驗,也開啟了商業化應
+用的新時代。而於深圳下線的巴西巴伊亞「雲軌」是
+全球首列下線的海外版「雲軌」車輛,亦是實現城市
+交通現代化的重要國際合作的象徵。
+Annual Report 2021
+二零二一年年報
+21
+Management Discussion and Analysis
+管理層討論與分析
+比亞迪股份有限公司
+Rechargeable Batteries and Photovoltaic Business
+在國家「雙碳」政策背景下,作為綠色夢想的堅定實
+踐者和引領者,本集團積極響應,充分發揮在新能
+源領域獨特優勢,推出新能源汽車、光伏、儲能、
+「雲軌」和「雲」等綜合性綠色解決方案。此外,
+本集團在助力「雙碳」目標實現的同時不斷挖掘本集
+團自身節能減排潛力,爭做綠色製造的標桿企業。
+八月,本集團率先打造中國汽車品牌首個零碳園區
+總部,樹立行業節能減排新標桿。十一月,本集團
+獲頒國內首張SGS承諾碳中和符合聲明證書,標誌
+着本集團工業園區在二零二一年期間在碳中和方面
+做出的努力得到國際權威第三方機構的認可。十二
+月,本集團再獲「傑出綠色環保企業」大獎。此外,
+本集團積極承擔社會責任,年內河南鄭州等地遭遇
+強降雨自然災害,本集團不僅通過比亞迪慈善基金
+會向鄭州慈善總會捐款,用於救災緊急舉措和災後
+恢復工作,更是開啟車主緊急救援服務通道,並開
+放鄭州市所有4S店作為應急避難場所,盡所能助��
+抗災。同時面對持續反復的疫情,本集團除了以捐
+贈防疫物資的形式助力深圳抗疫,亦聯同國內領先
+的生命科學與生物技術公司推出純電動P2+核酸檢
+測車,將綠色科技融入醫療服務,為疫情防控工作
+提供更可靠、更有力、更綠色環保的支持。
+PROSPECT AND STRATEGY
+在城市軌道交通領域,作為綠色夢想的堅定實踐者
+和引領者,以解決社會問題為導向,以技術創新為
+驅動,本集團著力推廣低碳環保的城市軌道交通產
+品—「雲軌」及「雲巴」,為城市發展提供多元化的綠
+色整體解決方案的同時,大大地拓展了城市軌道交
+通領域的市場空間。
+對外合作方面,本集團攜手美國科創公司聯合研發
+設計的第三代純電動無人駕駛配送車,實現產品革
+新,為美國當地消費者提供更安全、更智慧、更環
+保的物流配送服務。汽車智能化已成為新能源汽車
+競爭的下半場,本集團將持續加大汽車智能化的開
+拓力度,從感知,決策,執行三方面,積極探索與
+國際間不同專業領域夥伴進行合作,融合科技創新
+的強大勢能,共建智能汽車產業生態,推動汽車行
+業智能化發展走上快車道。
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+管理層討論與分析
+In terms of marketization strategy, BYD Semiconductor's
+application for spin-off was approved in January 2022, and the
+listing process is steadily advancing. Subsequently, the Group
+will incubate more businesses with market competitiveness and
+realize marketization operation, to further release the development
+potential of each business, and enhance the overall value of
+the Group. At the same time, combined with its own business
+characteristics, the Group will continue to develop in the core
+areas of the upstream and downstream of the industrial chain
+through strategic investment, empower each other, and help to
+accelerate Group's marketization process.
+Handset Components and Assembly Business
+In_2022,the demand for replacement of 5G smart phones in
+mature overseas markets and natural growth in emerging countries
+will be the main impetus for the smart phone market growth,
+however, the continuous shortage of components and logistics
+delays may dampen global production growth of smart phones.
+As a global leader in terms of smart phones and other smart
+terminals, the Group is expected to benefit from the rebounding
+industry boom, to further drive its business scale growth, while its
+profound technology know-how will provide a sustainable driver
+for the long-term growth potential. The Group will closely align
+with the development needs of its customers and actively expand
+the market share of its components and assembly business. While
+maintaining its leading position in the Android field, the Group will
+continue to go deep into the core product business opportunities
+from major customers in North America and strive to explore more
+new businesses to further consolidate its position as a major
+supplier. With the continuous increase of core products from
+major customers in North America, the business scale will expand
+significantly, laying a solid foundation for the explosive revenue
+growth in the future.
+在市場化佈局方面,二零二二年一月,比亞迪半導
+體分拆上市申請成功過會,上市進程穩步推進中。
+後續,本集團將着手培育更多具有市場競爭力的業
+務,實現市場化運營,進一步釋放各業務的發展潛
+力,提升本集團整體價值。同時,本集團將結合自
+身業務特點,持續通過戰略投資在產業鏈上下游核
+心領域進行佈局,與產業鏈上下游合作夥伴相互賦
+能,助力本集團市場化進程。
+手機部件及組裝業務
+二零二二年,海外成熟市場的5G換機需求以及新興
+國家的自然增長將會成為智能手機市場增長的主要
+推動力,然而零部件短缺及物流推遲情況持續或將
+壓抑全球智能手機產量增長。作為全球領先的智能
+手機及其他智能終端領導者,本集團有望受益於行
+業景氣度回升,進一步推動業務規模增長,而深厚
+的技術積累將為遠期成長空間提供持久驅動力。本
+集團將密切配合客戶的發展需求,積極擴大零部件
+及組裝業務市場份額。在穩居安卓領域龍頭地位的
+同時,本集團繼續深挖北美大客戶核心產品業務機
+會,爭取切入更多新業務,進一步鞏固其主要供貨
+商的地位。隨着北美大客戶的核心產品持續放量,
+業務規模將顯著擴張,為未來的營收增長爆發奠定
+堅實的基礎。
+純電動大巴領域,本集團將持續踐行綠色使命,以
+全球領先的新能源技術、成熟的商業化運營,向全
+球多個國家和地區提供優質新能源公共交通產品及
+服務,繼續推出受客戶認可的零排放公共交通解決
+方案,助力全球綠色出行體系的進一步建設。
+27
+The Group has accumulated profound experiences in
+rechargeable batteries with leading technical strength
+domestically. During the year, product research and development
+and production capacity expansion went smoothly, and the
+battery technology was upgraded at an accelerated pace,
+which continued to promote steady business growth. In terms
+of photovoltaics business, backed by the strong policy support
+of the “Dual-Carbon”target,the Group actively integrated its
+business, accelerated the development of the new technology,
+further strengthened the product competitiveness, preparing for
+the rapid development of the industry.
+比亞迪股份有限公司
+Management Discussion and Analysis
+管理層討論與分析
+The integration of 5G and artificial intelligence technology has
+ushered in a window phase of span development for the market.
+The Group will take advantage of the momentum to make
+breakthroughs in various segments such as smart homes, Internet
+of Things, unmanned aerial vehicles, robots and electronic
+atomization arranged in the early stage. It is expected that
+each market sector will show a good development momentum
+and the business will achieve sustained and rapid growth. With
+the automotive industry accelerating its innovation and moving
+towards electrification, digitalization and intellectualization in a
+multi-dimensional way, and with the successive introduction of
+favorable policies, the penetration rate of new energy vehicles
+has reached new highs, and the intelligent vehicle market
+will expand continuously. The burgeoning demand for vehicle
+intelligent system and the wave of autonomous driving will help
+expand the Group's auto intelligent system business scale. The
+Group will continue to accumulate technology research and
+development experience to capture the domestic and overseas
+markets, with promising potential growth in the future. In the
+medical and health segment, the Group will continue to bolster its
+professional business team and increase investment in research
+and development to closely seize the development opportunities
+in the medical device sector and cultivate a new growth driver for
+the Group.
+Rechargeable Batteries and Photovoltaic Business
+In terms of rechargeable batteries, the Group will actively promote
+the application of the new technologies, expand its customer base
+and promote continuous increments of market shares of relevant
+products. In terms of photovoltaics business, the photovoltaics
+industry has ushered in a golden period of development driven by
+the policy of "Dual-Carbon". The Group will seize the opportunities
+for industry development, seek changes and make innovation, and
+concentrate its resources on product transformation, upgrades
+and technological breakthroughs, to embrace the new explosive
+growth opportunities with high quality products.
+5G及人工智能技術融合為市場迎來跨越發展窗口
+期,本集團前期佈局的智能家居、物聯網、無人
+機、機器人、電子霧化等多個領域借勢突破,預期
+各個市場領域發展勢頭良好,業務將實現持續高速
+增長。隨着汽車行業加速革新,從多個維度邁向電
+動化、數字化和智能化,加上利好政策接連出台,
+新能源汽車滲透率屢創新高,汽車智能化市場規模
+將不斷擴大。汽車智能系統需求爆發及自動駕駛的
+浪潮將有助擴大本集團汽車智能系統業務規模,本
+集團將繼續累積技術研發經驗,搶佔海內外市場,
+未來成長可期。醫療健康業務方面,本集團將持續
+強化專業業務團隊,加大研發投入,緊抓醫療設備
+領域的發展契機,為本集團培養新的增長動力。
+二次充電電池及光伏業務
+二次充電電池方面,本集團將積極推進新技術應
+用,拓展客戶基礎,推動相關產品市場份額的持續
+提升。光伏業務方面,隨着「雙碳」目標政策明確,
+光伏行業迎來了黃金發展時期。本集團將緊抓行業
+發展契機,謀變創新,集中資源,着力推動產品轉
+型升級及技術突破,以高質量的產品來迎接全新爆
+發性增長機遇。
+BYD Company Limited
+In terms of external cooperation, the Group jointly developed and
+designed the third-generation battery electric autonomous delivery
+vehicle with an American science and technology corporation to
+achieve product innovation, hence, provide safer, smarter and
+more eco-friendly logistics and distribution services for local
+consumers in the United States. Intellectualization has become
+the main focus of the competition for new energy vehicles in the
+future, the Group will constantly enlarge efforts on research and
+development accordingly. From the perspectives of perception,
+decision-making and execution, BYD will actively explore
+cooperation with international partners in different professional
+fields, integrating the power of scientific and technological
+innovation to jointly build the intelligent automobile industry
+ecology and accelerate the intellectualization of the automobile
+industry.
+28
+In terms of battery electric buses, the Group will continue to fulfill
+its mission of green development. By leveraging on its world-
+leading new energy technology and mature commercial operation
+practice, the Group will provide premium new energy public
+transportation products and services to the countries and regions
+around the world, continue to deliver customer-proven, zero-
+emission public transportation solutions, and hence, facilitate the
+further establishment of green transportation system globally.
+In the field of urban rail transportation, as a determined
+practitioner and leader of the green dream, guided by the concept
+of solving social problems and driven by technological innovation.
+The Group strives to promote its low carbon and environmentally
+friendly urban rail transportation products “SkyRail” and
+"SkyShuttle", which are designed to provide a diversified green
+integrated solution for urban development while, expanding the
+market space significantly.
+For the future development in 2022, China is facing triple pressure
+of shrinking demand, supply shocks and weakening expectations,
+exacerbated by uncertainties brought by recurrent pandemic in
+several places, high level fluctuations in international commodity
+prices and geopolitical conflicts, leading to a complicated
+economic situation. However, given the strong resilience of
+China's economy, together with the influence of repositioning of
+macroeconomic policies, the readjustment of the coordination
+system and the full implementation of the “14th Five-Year Plan”,
+the macroeconomic downward pressure will be greatly eased.
+Therefore, China's bright long-term prospects is firmly unchanged.
+As required by the Central Economic Work Conference, "make
+economic stability our top priority and pursue progress while
+ensuring stability" will be the main theme throughout the year,
+pave the way for economy to transform from external demand
+driven to domestic demand driven, so as to provide strong support
+for automobile consumption. Developing new energy vehicles
+is the only way for China to upgrade from a large automobile
+country to a powerful automobile country. It is also an important
+strategic measure to deal with climate change and promote
+green development. Guided by the goal of “Dual-Carbon", the
+government continued to introduce a series of support policies.
+In March, according to the Report on the Execution of the Central
+and Local Budgets for 2021 and on the Draft Central and Local
+Budgets for 2022 submitted by the Ministry of Finance to the
+fifth meeting of the 13th National People's Congress for review,
+support is given to the construction of charging piles and other
+ancillary facilities to promote the consumption of new energy
+vehicles, so as to promote the high-quality development of the
+new energy vehicle industry.
+二次充電電池及光伏業務
+二次充電電池方面,本集團多年深耕,技術規模國
+內領先,年內產品研發及產能拓展順利,電池技術
+加速升級,持續推動業務穩步增長。光伏業務方
+面,背靠「雙碳」目標的強大政策支持,本集團積極
+整合業務,加速新技術佈局,進一步強化產品競爭
+力,為行業的快速發展做好準備。
+前景及策略
+展望二零二二年,中國經濟面臨需求收缩、供給衝
+擊和預期轉弱的三重壓力,疊加疫情多點散發、國
+際大宗商品價格高位波動、地緣政治衝突等不確定
+因素,經濟形勢依舊複雜。但中國經濟韌性強,在
+宏觀經濟政策再定位、協調體系再調整以及「十四
+五」規劃全面落實等因素的作用下,宏觀經濟下行
+壓力將得到極大的緩解,長期向好的基本面不會改
+變。根據中央經濟工作會議要求,「穩字當頭、穩中
+求進」將是貫穿全年的主旋律,助力經濟逐步從外需
+拉動向內需驅動轉換,從而對汽車消費起到良好的
+支撐作用。發展新能源汽車是我國從汽車大國邁向
+汽車強國的必由之路,也是應對氣候變化、推動綠
+色發展的重要戰略舉措,在「雙碳」目標的指引下,
+政府持續出台系列支持政策,三月,財政部提請十
+三屆全國人大五次會議審查《關於2021年中央和地
+方預算執行情況與2022年中央和地方預算草案的報
+告》中指出支持充電樁等配套設施建設,促進新能源
+汽車消費,以推動新能源汽車產業的高質量發展。
+Management Discussion and Analysis
+管理層討論與分析
+Automobiles Business
+The Group will actively seize historic developing opportunities
+in the new energy vehicle industry by insisting on technological
+innovation and strengthening the independency and controllability
+of core technologies. The Group will focus on the pain points
+of consumers' safety concerns, driving the industry to enter
+a new stage of high-quality development. Meanwhile, the
+Group will actively explore the growing potential of intelligent
+connected vehicles, providing customers with more diversified
+and convenient experience on automobiles. Also, the Group will
+improve the production capacity to meet the rapidly growing
+demands from consumers. In addition, the Group will insist on the
+market-oriented and customer-centric approach to continuously
+improve product quality, polish service standard, and keep
+launching products with market competitiveness to steadily
+enhance its brand influence. So then, can the Group shoulder the
+responsibility and mission of driving the upward development of
+Chinese new energy vehicle brands.
+In the passenger vehicle sector, the Group will speed up new
+product introduction, continuously improve the product matrix of
+new energy vehicles to meet the multi-dimensional demand of
+consumers. The Group will also rely on multi-channel platforms
+such as the website of “Dynasty” and “Marine" to provide
+consumers with higher quality products and services. In terms
+of plug-in hybrid, “Song MAX DM-i”,“Destroyer 05" and other
+models adopting "DM-i super hybrid” technology were launched
+one after another. In terms of battery electric, upon the launch of
+“Dolphin”,the “Yuan plus”model adopting the “e-Platform 3.0”
+was launched in February 2022, and more models adopting the
+e-Platform 3.0 will be launched on the “Dynasty” and “Marine”
+distribution channels later. Facing with the situation of consumer
+demand outrunning the supply, the Group will continue to increase
+its production capacity to meet the booming market demand.
+汽車業務
+Annual Report 2021
+二零二一年年報
+在乘用車領域,本集團將加速推陳出新,不斷完善
+新能源汽車產品矩陣以滿足消費者多維度的消費需
+求。並將依託「王朝網」及「海洋網」等多渠道平台,
+為消費者提供更優質的產品及服務。插電式混動方
+面,「宋MAX DM-i」、「驅逐艦05」等搭載「DM-i超
+級混動」技術的車型相繼上市。純電動方面,繼「海
+豚」之後,搭載「e平台3.0」的「元plus」車型已於二
+零二二年二月上市,後續將有更多搭載「e平台3.0」
+的車型在「王朝網」和「海洋網」推出。面對供不應求
+的市場環境,本集團將持續加大產能擴充力度,以
+滿足火爆的市場需求。
+管理層討論與分析
+本集團將積極把握新能源汽車行業歷史性的發展機
+遇,堅持技術創新,加強核心技術的自主可控;聚
+焦市場安全痛點,推動行業進入高質量發展新階
+段;積極探索智能化,為消費者提供更豐富便捷的
+用車體驗;加大產能擴充力度,以滿足快速爆發的
+市場。此外,本集團將繼續以市場為導向,以顧客
+為中心,持續提升產品質量和服務意識,並不斷推
+出具有市場競爭力的產品,穩步提升品牌影響力,
+肩負起中國新能源汽車品牌向上發展的責任與使命。
+Management Discussion and Analysis
+比亞迪股份有限公司
+BYD Company Limited
+26
+海外乘用車方面,「元PLUS」車型在國內正式上市的
+同時,亦同步在澳大利亞上市並開啟預售,命名為
+「ATTO 3」,繼續加碼本集團新能源乘用車在全球範
+圍內的佈局。此外,隨着汽車電動化進程的不斷推
+進,行業逐步向智能化、網聯化發展,軟件定義汽
+車成為新的趨勢。本集團不斷鞏固電動化發展優勢
+的同時並積極探索智能化,把電動化變革中的思考
+引入到智能化創新中,為消費者提供更豐富便捷的
+用車體驗。
+In terms of overseas passenger vehicles, the "Yuan PLUS"
+model, named “ATTO 3” in overseas markets, was also launched
+and pre-sold in Australia simultaneously since the official
+launch domestically, continuing to enhance the Group's global
+expansion of new energy passenger vehicles. In addition, with
+the non-stopping evolution of vehicle electrification, the product
+tends to become more intelligent and networked, and software-
+defined vehicles have become a new trend. The Group actively
+explores intelligence-oriented development while consolidating
+its advantages in electrification, introduces the contemplation of
+electric transformation to the intelligent innovation, provides the
+customers with more diversified and convenient experience on
+automobiles.
+25
+以公允價值計量並計入其他
+綜合收益的權益投資
+人民幣千元
+1,420,080
+other comprehensive income
+Equity investments at fair value through
+1,420,080
+人民幣千元
+總計
+人民幣千元
+RMB'000
+RMB'000
+Financial assets at fair value through
+RMB'000
+RMB'000
+人民幣千元
+profit or loss
+24
+14,593
+BYD Company Limited
+(第三級)
+12,002,801
+10,568,128
+1,434,673
+24
+以公允價值計量並計入損益的
+金融資產
+衍生金融工具
+8,862,340
+8,862,340
+應收款項融資
+Receivables financing
+1,720,357
+1,705,764
+Derivative financial instruments
+(第二級)
+Quoted prices
+的輸入值
+公允價值層級(續)
+As at 31 December 2020
+Assets measured at fair value: (continued)
+Fair value hierarchy (continued)
+FINANCIAL INSTRUMENTS (CONTINUED)
+金融工具之公允價值及公允價值層級
+(續)
+按公允價值計量的資產:(續)
+FAIR VALUE AND FAIR VALUE HIERARCHY OF 49.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+291
+Annual Report 2021
+二零二一年年報
+292
+49.
+於二零二零年十二月三十一日
+Fair value measurement using
+公允價值計量使用的輸入值
+Quoted prices
+的輸入值
+重大不可觀察
+重大可觀察
+活躍市場
+的報價
+Total
+(Level 3)
+(Level 2)
+inputs
+inputs
+markets
+(Level 1)
+unobservable
+observable
+in active
+Significant
+Significant
+(第一級)
+比亞迪股份有限公司
+Fair value hierarchy (continued)
+財務報表附註
+Liabilities measured at fair value:
+19,074,717
+FINANCIAL INSTRUMENTS (CONTINUED)
+金融工具之公允價值及公允價值層級
+(續)
+FAIR VALUE AND FAIR VALUE HIERARCHY OF 49.
+49.
+As at 31 December 2021
+31 December 2021
+二零二一年十二月三十一日
+Notes to Financial Statements
+293
+Annual Report 2021
+二零二一年年報
+194,787
+62,500
+31,784
+財務報表附註
+100,503
+Other liabilities
+信貸風險
+288,207
+If RMB strengthens against US$
+倘人民幣兌美元升值
+(5)
+(288,207)
+(288,207)
+本集團僅與認可及信譽超著的第三方進行買
+賣。本集團的政策為對所有有意以信貸期交
+易的客戶進行信貸審核程序。此外,應收賬
+款結餘持續受監察,而本集團壞賬的風險並
+不重大。
+Excluding retained profits and exchange fluctuation
+reserve
+Credit risk
+The Group trades only with recognised and creditworthy
+third parties. It is the Group's policy that all customers
+who wish to trade on credit terms are subject to credit
+verification procedures. In addition, receivable balances
+are monitored on an ongoing basis and the Group's
+exposure to bad debts is not significant.
+不包括留存溢利及外匯波動儲備
+二零二一年
+RMB’000
+人民幣千元
+2021
+於十二月三十一日
+other comprehensive income
+Equity investments at fair value through
+2021
+二零二一年
+RMB'000
+人民幣千元
+年內第3級公允價值計量變動如下:
+按公允價值計量的資產:(續)
+公允價值層級(續)
+以公允價值計量並計入其他綜合收益的
+權益投資
+The movements in fair value measurements within Level 3
+during the year are as follows:
+Fair value hierarchy (continued)
+金融工具之公允價值及公允價值層級
+(續)
+49.
+49. FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS (CONTINUED)
+二零二一年十二月三十一日
+31 December 2021
+Assets measured at fair value: (continued)
+Total gains recognised in the statement of
+於損益表確認計入其他收益的收益總額
+615,347
+At 31 December
+購買
+於損益表確認計入其他收益的收益總額
+轉入第三級
+於一月一日
+profit or loss included in other income
+Purchases
+Total gains recognised in the statement of
+Transfer to Level 3
+At 1 January
+803,387
+於十二月三十一日
+At 31 December
+188,040
+購買
+profit or loss included in other income
+Purchases
+Notes to Financial Statements
+998,174
+markets
+1,223,215
+淨值模型
+融資產
+以公允價值計量並計入損益的金
+Financial assets at fair value Net Value Model
+through profit or loss
+comprehensive income
+value through other
+33,257 Exercise price and volatility of the
+收益的權益投資
+期權定價模型
+Option pricing model
+Equity investments at fair
+收益的權益投資
+以公允價值計量並計入其他綜合
+comprehensive income
+以公允價值計量並計入其他綜合
+value through other
+underlying investment
+194,787 Net value of the underlying investment
+the higher the fair
+underlying investment
+net value of the
+The higher the
+higher the fair value
+相關權益工具的
+公允價值越高,
+公允價值越高
+instruments,the
+相關投資的行使價及波動
+underlying equity
+The higher the
+公允價值越高
+比率越高,
+value
+The higher the ratio,
+相關投資的淨值
+fair value of the
+Equity investments at fair
+759,705 Average Enterprise value/revenue ratio
+平均企業價值/收入比率
+估值倍數
+Fair value
+Below is a summary of significant unobservable inputs
+to the valuation of financial instruments together with a
+quantitative sensitivity analysis as at 31 December 2021:
+For the fair value of the unlisted equity investments at fair
+value through other comprehensive income, management
+has estimated the potential effect of using reasonably
+possible alternatives as inputs to the valuation model.
+various market observable inputs including the credit
+quality of counterparties and foreign exchange spot and
+forward rates. The carrying amounts of derivative financial
+instruments are the same as their fair values.
+The Group enters into derivative financial instruments with
+various counterparties. The carrying amounts of these
+derivative financial instruments are the same as their fair
+values. The derivative financial instruments are measured
+using valuation techniques similar to forward pricing,
+using present value calculations. The models incorporate
+金融工具之公允價值及公允價值層級
+(續)
+本集團與若干對手方訂立衍生金融工具。該
+等衍生金融工具的賬面值與其公允價值相
+同。衍生金融工具以與遠期定價類似之估值
+方法及現時價值計算而計量。該等模式包括
+若干市場可觀察輸入值,包括對手方之信用
+質素、外匯即期及遠期利率。該等衍生金融
+工具的賬面值與其公允價值相同。
+49.
+49.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+289
+Annual Report 2021
+二零二一年年報
+FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS (CONTINUED)
+對於以公允價值計量並計入其他綜合收益的
+非上市權益投資的公允價值,管理層已估計
+將合理可能的替代數據用作估值模型的輸入
+數據所帶來的潛在影響。
+以下為於二零二一年十二月三十一日金融工
+具估值之重大不可觀察輸入數據連同定量敏
+感度之分析概要:
+as at
+Valuation multiples
+公允價值的關係
+的公允價值 重大不可觀察輸入數據
+估值技術
+輸入數據與
+不可觀察
+to fair value
+unobservable input
+Relationship of
+2021 Significant unobservable inputs
+十二月三十一日
+於二零二一年
+technique
+31 December
+Valuation
+value
+16,853,328
+相關投資的淨值
+BYD Company Limited
+Equity investments at fair value through
+other comprehensive income
+人民幣千元
+人民幣千元
+人民幣千元
+人民幣千元
+RMB'000
+以公允價值計量並計入其他
+綜合收益的權益投資
+總計
+(第三級)
+RMB'000
+RMB'000
+(第二級)
+(第一級)
+的輸入值
+RMB'000
+的輸入值
+1,208,800
+803,387
+31,600
+8,743,126
+8,743,126
+31,600
+衍生金融工具
+Derivative financial instruments
+應收款項融資
+901,649
+Receivables financing
+194,787
+7,176,953
+14,415
+以公允價值計量並計入損益的
+金融資產
+Financial assets at fair value through
+profit or loss
+2,913,836
+7,386,155
+重大不可觀察
+重大可觀察
+活躍市場
+的報價
+公允價值層級
+Assets measured at fair value:
+hierarchy of the Group's and the Company's financial
+instruments:
+The following tables illustrate the fair value measurement
+Fair value hierarchy
+金融工具之公允價值及公允價值層級
+(續)
+下表說明本集團及本公司金融工具之公允價
+49.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+290
+49. FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS (CONTINUED)
+值計量層級:
+As at 31 December 2021
+Quoted prices
+Total
+(Level 3)
+(Level 2)
+(Level 1)
+inputs
+inputs
+unobservable
+observable
+Significant
+Significant
+Fair value measurement using
+公允價值計量使用的輸入值
+於二零二一年十二月三十一日
+按公允價值計量的資產:
+288,207
+in active
+越高,公允價值越高
+5
+the higher the fair
+If RMB weakens against US$
+人民幣千元
+人民幣千元
+人民幣千元
+人民幣千元
+長期應收賬款
+1,168,475
+1,168,475
+As at 31 December 2020
+Quoted prices
+RMB'000
+in active
+Fair value measurement using
+公允價值計量使用的輸入值
+Significant
+observable
+Significant
+unobservable
+markets
+(Level 1)
+活躍市場
+的報價
+inputs
+inputs
+於二零二零年十二月三十一日
+總計
+RMB'000
+RMB’000
+Significant
+in active
+observable
+倘人民幣兌美元貶值
+unobservable
+markets
+inputs
+inputs
+(Level 1)
+(Level 2)
+(Level 3)
+Total
+活躍市場
+的報價
+重大可觀察
+重大不可觀察
+的輸入值
+的輸入值
+(第一級)
+(第二級)
+(第三級)
+RMB'000
+(Level 2)
+Significant
+(Level 3)
+重大可觀察
+FAIR VALUE AND FAIR VALUE HIERARCHY OF 49.
+金融工具之公允價值及公允價值層級
+(續)
+FINANCIAL INSTRUMENTS (CONTINUED)
+Fair value hierarchy (continued)
+Liabilities for which fair values are disclosed:
+As at 31 December 2021
+Other liabilities
+其他負債
+Interest-bearing bank and
+49.
+計息銀行及其他借款
+As at 31 December 2020
+Other liabilities
+其他負債
+Interest-bearing bank and
+計息銀行及其他借款
+other borrowings
+公允價值層級(續)
+已披露公允價值的負債:
+於二零二一年十二月三十一日
+other borrowings
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+重大不可觀察
+的輸入值
+的輸入值
+(第一級)
+(第二級)
+RMB'000
+RMB'000
+(第三級)
+RMB'000
+總計
+RMB'000
+人民幣千元
+人民幣千元
+人民幣千元
+人民幣千元
+Long-term receivables
+長期應收賬款
+1,804,913
+1,804,913
+Annual Report 2021
+二零二一年年報
+295
+Total
+Fair value measurement using
+公允價值計量使用的輸入值
+於二零二一年十二月三十一日
+已披露公允價值的資產:
+RMB’000
+RMB'000
+總計
+RMB'000
+人民幣千元
+人民幣千元
+人民幣千���
+人民幣千元
+其他負債
+RMB'000
+14,035
+Other liabilities
+其他負債
+Derivative financial instruments
+衍生金融工具
+於二零二零年十二月三十一日
+Fair value measurement using
+公允價值計量使用的輸入值
+Quoted prices
+Significant
+14,035
+(第三級)
+(第二級)
+(第一級)
+in active
+markets
+公允價值層級(續)
+以公允價值計量的負債:
+於二零二一年十二月三十一日
+Fair value measurement using
+公允價值計量使用的輸入值
+Significant
+Significant
+Observable
+Unobservable
+inputs
+inputs
+(Level 1)
+(Level 2)
+(Level 3)
+Total
+活躍市場
+的報價
+重大可觀察
+重大不可觀察
+的輸入值
+的輸入值
+Significant
+in active
+Observable
+Unobservable
+93,720
+36,179
+57,541
+93,720
+年內,第一級及第二級之間並無公允價值計
+量轉撥(二零二零年:無)。
+BYD Company Limited
+294
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+49. FAIR VALUE AND FAIR VALUE HIERARCHY OF
+FINANCIAL INSTRUMENTS (CONTINUED)
+49.
+金融工具之公允價值及公允價值層級
+(續)
+Fair value hierarchy (continued)
+Assets for which fair values are disclosed:
+As at 31 December 2021
+Long-term receivables
+Quoted prices
+公允價值層級(續)
+57,541
+Fair value measurement using
+公允價值計量使用的輸入值
+36,179
+人民幣千元
+markets
+(Level 1)
+inputs
+inputs
+(Level 2)
+(Level 3)
+Total
+活躍市場
+的報價
+重大可觀察
+重大不可觀察
+的輸入值
+的輸入值
+(第一級)
+(第二級)
+(第三級)
+RMB'000
+人民幣千元
+RMB'000
+RMB'000
+總計
+RMB'000
+人民幣千元
+人民幣千元
+During the year, there were no transfers of fair value
+measurements between Level 1 and Level 2 (2020: Nil).
+Quoted prices
+As at 31 December 2020
+Significant
+2020
+二零二零年
+利率風險
+rates.
+bearing bank and other borrowings bore interest at fixed
+The Group's policy is to manage its interest cost using a
+mix of fixed and variable rate debts. At 31 December 2021,
+approximately 58%(2020:56%) of the Group's interest-
+The Group's exposure to the risk of changes in market
+interest rates relates primarily to the Group's long-term
+debt obligations with floating interest rates.
+Interest rate risk
+本集團金融工具所產生的主要風險為利率風
+險、外匯風險、信貸風險及流動資金風險。
+本集團有關衍生金融工具的會計政策載於合
+併財務報表附註2.4。
+本集團的主要金融工具(衍生金融工具除
+外)包括計息銀行及其他借款、受限制銀行
+存款、已抵押存款以及現金及現金等價物。
+此等金融工具的主要用途乃為本集團的業務
+籌集資金。本集團有其他不同金融資產及負
+債,如直接自其業務產生的應收貿易賬款及
+應付貿易賬款。
+The main risks arising from the Group's financial
+instruments are interest rate risk, foreign currency risk,
+credit risk and liquidity risk. The Group's accounting
+policies in relation to derivative financial instruments are
+set out in note 2.4 to the consolidated financial statements.
+The Group's principal financial instruments, other than
+derivative financial instruments, comprise interest-bearing
+bank and other borrowings, restricted bank deposits,
+pledged deposits and cash and cash equivalents. The
+main purpose of these financial instruments is to raise
+finance for the Group's operations. The Group has
+various other financial assets and liabilities such as trade
+receivables and trade payables, which arise directly from
+its operations.
+AND POLICIES
+財務風險管理目標及政策
+50.
+(220,825)
+220,825
+220,825
+(220,825)
+(5)
+in profit
+Increase/
+(decrease)
+in owners'
+in US$ rate
+美元匯率
+增加/(減少)
+%
+before tax
+除稅前溢利
+增加/減少)
+equity*
+所有者權益*的
+增加/(減少)
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+RMB'000
+人民幣千元
+2021
+If RMB weakens against US$
+二零二一年
+倘人民幣兌美元貶值
+5
+If RMB strengthens against US$
+倘人民幣兌美元升值
+RMB’000
+人民幣千元
+50.
+二零二一年十二月三十一日
+31 December 2021
+RMB'000
+(第二級)
+(第一級)
+的輸入值
+的輸入值
+重大不可觀察
+重大可觀察
+RMB'000
+Total
+(Level 2)
+(Level 1)
+活躍市場
+的報價
+inputs
+inputs
+unobservable
+Significant
+Significant
+(Level 3)
+(decrease)
+(第三級)
+總計
+外匯風險
+Notes to Financial Statements
+比亞迪股份有限公司
+296
+BYD Company Limited
+54,235,565
+54,235,565
+RMB'000
+51,270,597
+51,270,597
+2,964,968
+人民幣千元
+人民幣千元
+人民幣千元
+人民幣千元
+RMB'000
+2,964,968
+observable
+Increase/
+Increase/
+(decrease)
+Increase/
+before tax
+除稅前溢利的
+增加/(減少)
+basis points
+基點的
+增加/(減少)
+in profit
+(decrease)
+Increase/
+(decrease) in
+Increase/
+reserve
+Excluding retained profits and exchange fluctuation
+人民幣
+人民幣
+二零二零年
+RMB
+in equity*
+權益*的
+增加/減少)
+RMB'000
+人民幣千元
+The Group has transactional currency exposures. Such
+exposures arise from sales or purchases by operating units
+in currencies other than the units' functional currencies,
+where the revenue is predominately denominated in
+US$ and RMB and a certain portion of the bank loans is
+denominated in US$. The Group takes rolling forecast
+on foreign currency revenue and expenses and matches
+the currency and amounts incurred, so as to alleviate the
+impact on business due to exchange rate fluctuations.
+Foreign currency risk
+不包括留存溢利及外匯波動儲備
+19,027
+19,027
+(25)
+(19,027)
+RMB
+(19,027)
+31,227
+31,227
+(25)
+(31,227)
+(31,227)
+25
+RMB’000
+人民幣千元
+25
+2020
+人民幣
+RMB
+BYD Company Limited
+298
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+本集團面對的市場利率變動風險主要與本集
+團的浮息長期債務責任有關。
+50.
+50.
+財務風險管理目標及政策(續)
+Foreign currency risk (continued)
+The following table demonstrates the sensitivity at the end
+of the reporting period to a reasonably possible change
+in the US$ exchange rate, with all other variables held
+constant, of the Group's profit before tax (due to changes
+in the fair value of monetary assets and liabilities) and the
+Group's equity.
+外匯風險(續)
+下表說明本集團的除稅前溢利(由於貨幣資
+產及負債公允價值變動)及本集團權益於報
+告期末對美元的匯率(其他所有的變量保持
+不變)合理可能的變動的敏感度。
+Significant
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+AND POLICIES (CONTINUED)
+(decrease)
+本集團的政策是利用定息及浮息債務組合管
+理其利息成本。於二零二一年十二月三十一
+日,本集團約58%(二零二零年:56%)的計
+息銀行及其他借款乃以定息計息。
+297
+人民幣
+RMB
+二零二一年
+2021
+下表列示在所有其他變數維持不變的情況
+下,本集團的除稅前溢利(透過對浮息借款
+的影響)及本集團的權益對利率出現合理可
+能變動時的敏感度。
+利率風險(續)
+The following table demonstrates the sensitivity to a
+reasonably possible change in interest rate, with all other
+variables held constant, of the Group's profit before tax
+(through the impact on floating rate borrowings) and the
+Group's equity.
+Annual Report 2021
+二零二一年年報
+Interest rate risk (continued)
+財務風險管理目標及政策(續)
+50.
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+50.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+AND POLICIES (CONTINUED)
+markets
+財務報表附註
+本集團面臨交易性的貨幣風險。此類風險由
+經營單位進行以其功能貨幣以外的貨幣記賬
+的銷售或購買活動所致,而收入主要是以美
+元及人民幣計值而若干銀行貸款則以美元計
+值。本集團對其外幣收入及支出進行週而復
+始的預測,使匯率及所產生的金額配比,從
+而減低外幣匯率浮動對商業交易的影響。
+RMB'000
+總計
+RMB'000
+人民幣千元
+人民幣千元
+人民幣千元
+人民幣千元
+(第三級)
+33,729,304
+於二零二零年十二月三十一日
+2,922,108
+33,729,304
+36,651,412
+Fair value measurement using
+公允價值計量使用的輸入值
+Quoted prices
+in active
+36,651,412
+RMB'000
+2,922,108
+(第二級)
+RMB'000
+observable
+unobservable
+markets
+inputs
+inputs
+(Level 1)
+(Level 2)
+in active
+(第一級)
+Total
+活躍市場
+的報價
+重大可觀察
+重大不可觀察
+的輸入值
+的輸入值
+(Level 3)
+49,819,860
+融資租賃公司擔保風險
+-未逾期
+49,819,860
+528,128
+現金及現金等價物
+109,109
+6,409,637
+109,109
+leasing companies
+528,128
+-未逾期
+- Not yet past due
+Exposure on guarantees to finance
+Cash and cash equivalents
+Restricted bank deposits
+- Not yet past due
+已抵押存款
+受限制銀行存款
+6,409,637
+Notes to Financial Statements
+二零二一年
+比亞迪股份有限公司
+Pledged deposits
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+50.
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+AND POLICIES (CONTINUED)
+50.
+3 top
+財務風險管理目標及政策(續)
+流動資金風險(續)
+The maturity profile of the Group's financial liabilities as at
+the end of the reporting period, based on the contractual
+undiscounted payments, is as follows:
+本集團於報告期末根據合同未折現付款的金
+融負債將於以下期間到期:
+Financial liabilities
+金融負債
+2021
+Liquidity risk (continued)
+2,538,336
+1,376,663
+應收合營公司及聯營公司款項*
+Receivables financing
+應收貿易賬款*
+Trade receivables*
+合同資產
+Contract assets
+長期應收賬款
+Long-term receivables
+人民幣千元
+應收款項融資
+RMB’000
+RMB’000
+人民幣千元
+RMB'000
+人民幣千元
+人民幣千元
+RMB'000
+總計
+Total
+approach
+簡化法
+階段3
+RMB'000
+人民幣千元
+2,538,336
+1,209,748
+8,838,973
+Due from joint ventures and associates*
+94,616
+94,616
+-呆賬**
+- Doubtful**
+397,341
+397,341
+- 正常**
+1,209,748
+- Normal**
+other receivables and other assets
+Financial assets included in prepayments, 計入預付款項、其他應收賬款及
+8,782,397
+8,782,397
+37,838,050
+36,461,387
+302
+8,838,973
+其他資產的金融資產
+1,578,142
+39,896,701
+本集團透過採用經常性流動資金計劃工具,
+監察其資金短缺的風險。該工具考慮金融工
+具及金融資產(例如:應收貿易賬款)的到期
+日及來自經營業務的預期現金流量。
+Stage 3
+Stage 2
+Stage 1
+Simplified
+年限內預期信貸虧損
+預期信貸虧損
+12個月
+Lifetime ECLs
+12-month ECLs
+於二零二零年十二月三十一日
+最大敞口及年終階段
+信貸風險(續)
+As at 31 December 2020
+Maximum exposure and year-end staging
+Credit risk (continued)
+AND POLICIES (CONTINUED)
+財務風險管理目標及政策(續)
+50.
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+50.
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+300
+BYD Company Limited
+階段1
+116,566,195
+階段2
+approach
+簡化法
+41,474,843
+Receivables financing
+應收款項融資
+8,944,313
+8,944,313
+Financial assets included in prepayments,
+計入預付款項、其他應收賬款及
+應收貿易賬款*
+Trade receivables*
+5,635,217
+5,635,217
+合同資產
+Contract assets
+1,878,736
+1,878,736
+長期應收賬款
+Long-term receivables
+人民幣千元
+RMB'000
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+人民幣千元
+人民幣千元
+RMB'000
+RMB'000
+總計
+Total
+階段3
+49,048,444
+1,471,279
+other receivables and other assets
+-未逾期
+8,644,159
+8,644,159
+32,519,027
+1,672,758
+50,984,332
+85,176,117
+Annual Report 2021
+二零二一年年報
+301
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+50.
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+AND POLICIES (CONTINUED)
+50.
+財務風險管理目標及政策(續)
+*
+Credit risk (continued)
+For trade receivables, amounts due from joint ventures
+and associates and amounts due from other related
+parties to which the Group applies the simplified
+approach for impairment, information based on
+the provision matrix is disclosed in note 25 to the
+consolidated financial statements.
+The credit quality of financial assets included in
+prepayments, other receivables and other assets is
+considered to be "normal" when they are not past due
+and there is no information indicating that the financial
+assets had a significant increase in credit risk since
+initial recognition. Otherwise, the credit quality of the
+financial assets is considered to be "doubtful".
+Liquidity risk
+The Group monitors its risk to funds shortage using a
+recurring liquidity planning tool. This tool considers the
+maturity of both its financial instruments and financial
+assets(e.g.,trade receivables) and projected cash flows
+from operations.
+The Group's objective is to maintain a balance between
+continuity of funding and flexibility through the use of
+bank borrowings, lease liabilities and corporate bonds.
+In addition, banking facilities have been put in place for
+contingency purposes. Except for the non-current portion of
+interest-bearing bank and other borrowings, lease liabilities
+and certain corporate bonds, all borrowings would mature
+in less than one year at the end of the reporting period.
+信貸風險(續)
+就應收貿易賬款,本集團已應用簡化計
+算法減值的應收合營公司及聯營公司款
+項及應收其他關聯方款項而言,根據撥
+備矩陣計算的資料披露於合併財務報表
+附註25。
+計入預付款項、其他應收賬款及其他資
+產的金融資產的信貸質素,在尚未逾期
+及無資料指出金融資產自初步確認起的
+信貸風險顯著增加的情況下,被視為
+「正常」。除此之外,金融資產的信貸質
+素被視為「呆賬」。
+流動資金風險
+- Not yet past due
+leasing companies
+融資租賃公司擔保風險
+Exposure on guarantees to finance
+其他資產的金融資產
+- Normal**
+- 正常**
+485,525
+485,525
+- Doubtful**
+-呆賬**
+94,616
+94,616
+Due from joint ventures and associates*
+66,046,472
+應收合營公司及聯營公司款項*
+3,573,678
+本集團的目標為透過利用銀行借款、租賃負
+債及公司債券以維持資金延續性及靈活性的
+平衡。此外,本集團已安排銀行融資額以備
+不時之需。除計息銀行及其他借款、租賃負
+債及若干公司債券的非即期部分外,於報告
+期末之所有借款將於一年內到期。
+3,573,678
+已抵押存款
+- Not yet past due
+-未逾期
+429,041
+Restricted bank deposits
+受限制銀行存款
+277,491
+Cash and cash equivalents
+現金及現金等價物
+13,738,498
+429,041
+277,491
+13,738,498
+Pledged deposits
+BYD Company Limited
+Interest-bearing bank and other borrowings 計息銀行及其他借款
+less than
+RMB'000
+人民幣千元
+Interest-bearing bank and other borrowings
+Lease liabilities
+計息銀行及其他借款
+33,729,304
+51,270,597
+租賃負債
+1,663,719
+1,011,793
+Less: Cash and cash equivalents
+減:現金及現金等價物
+49,819,860
+13,738,498
+Net (asset)/debt
+(資產)/負債淨值
+(14,426,837) 38,543,892
+Equity attributable to owners of the parent*
+母公司擁有人應佔權益*
+95,069,671
+55,779,682
+Gearing ratio
+資本負債比率
+(15%)
+69%
+As of 31 December 2021,there is no perpetual loan
+need to deduct.
+As of 31 December 2020, Equity attributable to owners
+of the parent excluded the amount of perpetual loans of
+RMB1,094,592,000.
+RMB'000
+人民幣千元
+二零二零年
+十二月三十一日
+二零二一年
+十二月三十一日
+2020
+Capital management
+The primary objectives of the Group's capital management
+are to safeguard the Group's ability to continue as a going
+concern and to maintain a healthy capital ratio in order to
+support its business and maximise shareholders' value.
+資本管理
+本集團資本管理的主要目標為保證本集團持
+續經營的能力,並維持穩健的資本比率以為
+其業務提供支持及最大化股東價值。
+BYD Company Limited
+304
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+截至二零二一年十二月三十一日,概無
+永續債須扣除。
+50.
+50.
+財務風險管理目標及政策(續)
+Capital management (continued)
+The Group manages its capital structure and makes
+adjustments to it in light of changes in economic
+conditions. To maintain or adjust the capital structure, the
+Group may adjust the dividend payment to shareholders,
+return capital to shareholders or issue new shares. The
+Group is not subject to any externally imposed capital
+requirements. No changes were made in the objectives,
+policies or processes for managing capital during the years
+ended 31 December 2021 and 31 December 2020.
+資本管理(續)
+本集團管理其資本架構並根據經濟狀況的變
+動對其作出調整。為維持或調整資本架構,
+本集團或會調整支付予股東的股息、股東資
+本回報或發行新股份。本集團毋須受任何外
+部實施的資本要求所限。截至二零二一年十
+二月三十一日及二零二零年十二月三十一日
+止年度,資本管理的目標、政策或過程並無
+任何變動。
+The Group monitors capital using a gearing ratio, which
+is net debt divided by equity. The Group's policy is to
+maintain the gearing ratio as low as possible. Net debt
+includes interest-bearing bank and other borrowings and
+lease liabilities, less cash and cash equivalents. Equity
+represents equity attributable to owners of the parent. The
+gearing ratios as at the end of the reporting periods were
+as follows:
+本集團透過使用資本負債比率(即負債淨額
+除以權益)監管其資本。本集團的政策為盡
+量維持低資本負債比率。負債淨額包括計息
+銀行及其他借款及租賃負債並扣除現金及現
+金等價物。權益為母公司擁有人應佔權益。
+於報告期末的資本負債比率如下:
+31 December
+2021
+31 December
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+AND POLICIES (CONTINUED)
+截至二零二零年十二月三十一日,母公
+司擁有人應佔權益已扣除永續債人民幣
+1,094,592,000°
+51.
+306
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+52. TRANSFERS OF FINANCIAL ASSETS
+(CONTINUED)
+52.
+金融資產轉移(續)
+Financial assets that are derecognised in their
+entirety
+In 2021,the Group conducted certain bill discounting
+with several banks in China (the “Discounted Bills") with
+a carrying amount of RMB28,948,188,000 (31 December
+2020: RMB12,378,432,000). In the opinion of the directors,
+the Group has transferred substantially all risks and
+rewards relating to the Discounted Bills at the time of
+discounting, which meets the conditions of derecognition
+of financial assets, and therefore fully derecognised the
+Discounted Bills at their carrying amount on the discounting
+date. However, the Group continues to be exposed to the
+risks of repurchasing such bills at their carrying amount
+since the banks are entitled to recourse against the Group
+if the bills are rejected by the acceptors when falling due
+(“Continuing Involvement"). In the opinion of the directors,
+the fair value of the Continuing Involvement is insignificant.
+During the year, the Group did not recognise any profit
+or loss from the transfer of Discounted Bills or from the
+Continuing Involvement.
+At 31 December 2021, the Group endorsed certain bills
+receivable accepted by banks in Mainland China (the
+"Derecognised Bills") to certain of its suppliers in order to
+settle trade payables due to these suppliers with a carrying
+amount of RMB17,546,607,000 (31 December 2020:
+RMB6,585,688,000). The Derecognised Bills had a maturity
+of one to twelve months at the end of the reporting period.
+In accordance with the Law of Negotiable Instruments
+in the PRC, the holders of the Derecognised Bills have a
+right of recourse against the Group if the guarantor banks
+default(the “Continuing Involvement"). In the opinion
+of the directors, the Group has transferred substantially
+all risks and rewards relating to the Derecognised Bills.
+Accordingly, the Group has derecognised the full carrying
+amounts of the Derecognised Bills and the associated
+trade payables. The maximum exposure to loss from the
+Group's Continuing Involvement in the Derecognised Bills
+and the undiscounted cash flows to repurchase these
+Derecognised Bills is equal to their carrying amounts. In
+the opinion of the directors, the fair values of the Group's
+Continuing Involvement in the Derecognised Bills are not
+significant. During the year ended 31 December 2021, the
+Group has not recognised any gain or loss from the transfer
+of the Derecognised Bills or the Continuing Involvement.
+完全撤銷確認的金融資產
+BYD Company Limited
+。
+於二零二一年十二月三十一日,本集團
+向其若干供應商背書獲中國內地的銀行
+接納的若干應收票據(「已撤銷確認票
+據」),以清償結欠該等供應商之賬面值為
+人民幣17,546,607,000元之應付貿易賬
+款(二零二零年十二月三十一日:人民幣
+6,585,688,000元)。於報告期末,已撤銷確
+認票據的到期日為一至十二個月。根據中華
+人民共和國票據法,倘擔保銀行拖欠款項,
+已撤銷確認票據之持有人對本集團擁有追溯
+權(「持續參與」)。董事認為,本集團已轉
+讓有關已撤銷確認票據之絕大部分風險及回
+報。因此,本集團已悉數撤銷確認已撤銷確
+認票據及相關應付貿易賬款之賬面值。有關
+本集團持續參與已撤銷確認票據之虧損及購
+回該等已撤銷確認票據之未折現現金流量之
+最大敞口相等於該等票據之賬面值。董事認
+為,本集團持續參與已撤銷確認票據之公允
+價值不大。於截至二零二一年十二月三十一
+日止年度,本集團尚未自轉讓貼現票據或自
+繼續涉入確認任何損益。
+Annual Report 2021
+二零二一年年報
+307
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+52. TRANSFERS OF FINANCIAL ASSETS
+(CONTINUED)
+52.
+金融資產轉移(續)
+53.
+Financial assets that are derecognised in their
+entirety (continued)
+In the ordinary course of business, the Group has
+factored a part of receivables to financial institutions
+without recourse for its short-term financing needs, and
+has entered into non-recourse receivables factoring
+agreements with a number of banks to transfer certain
+receivables to those banks (the “Factored Receivables").
+Under certain receivable factoring agreements, the Group
+is not required to undertake default risks and the delayed
+repayment risk from the debtors after the transfer of the
+Factored Receivables, and all risks and rewards relating
+to the Factored Receivables are transferred. The condition
+of derecognition of financial assets is met. Therefore,
+the Group derecognised the Factored Receivables at
+their carrying amounts. As at 31 December 2021,the
+carrying amount of transferred Factored Receivables
+amounted to RMB20,227,834,000(31 December 2020:
+RMB3,813,206,000), and the loss relating to derecognition
+amounted to RMB88,765,000(31 December 2020:
+RMB299,523,000).
+階段2
+於二零二一年,本集團與中國多家銀行開展
+若干票據貼現(「貼現票據」)業務,賬面值為
+人民幣28,948,188,000元(二零二零年十二
+月三十一日:人民幣12,378,432,000元)
+董事認為,於貼現時本集團已經轉移了與貼
+現票據有關的絕大部分風險與報酬,此符合
+金融資產終止確認條件,因此,於貼現日按
+照賬面值全部終止確認貼現票據。然而,本
+集團繼續面臨按賬面值購回有關票據的風
+險,因為如果承兑人在匯票到期時拒絕兌
+付,銀行有權向本集團追索(「繼續涉入」)。
+董事認為,繼續涉入的公允價值並不重大。
+於本年度,本集團並無自轉讓貼現票據或自
+繼續涉入確認任何損益。
+8,644,159
+於二零二一年十二月三十一日,本集團向其
+若干供應商背書(「背書」)獲中國內地的銀
+行接納的若干應收票據(「已背書票據」),賬
+面值為人民幣27,649,000元(二零二零年:
+人民幣5,751,000元),以結清應付該等供
+應商的應付貿易賬款。董事認為,本集團已
+保留絕大部分風險及回報,包括有關已背書
+票據的違約風險,因此,其繼續悉數確認已
+背書票據的賬面值及相關已結清應付貿易賬
+款。於背書後,本集團並未就已背書票據的
+使用保留任何權利,包括向任何其他第三方
+出售、轉讓或質押已背書票據。於二零二一
+年十二月三十一日,年內透過已背書票���向
+具有追索權的供應商結算的應付貿易賬款的
+總賬面值為人民幣27,649,000元(二零二零
+年:人民幣5,751,000元)。
+recourse was RMB27,649,000(2020: RMB5,751,000) as at
+31 December 2021.
+DIVIDENDS
+Annual Report 2021
+二零二一年年報
+305
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+51. 股息
+2021
+2020
+二零二一年
+RMB'000
+人民幣千元
+二零二零年
+RMB'000
+人民幣千元
+Proposed final -
+未完全撤銷確認的金融資產
+· RMB0.105
+建議末期每股普通股人民幣0.105元
+(二零二零年:人民幣0.148元)
+305,670
+423,449
+305,670
+423,449
+The proposed final dividend for the year is subject to the
+approval of the Company's shareholders at the forthcoming
+annual general meeting.
+本年度建議末期股息須待本公司股東於將召
+開的股東週年大會上批准後,方可作實。
+52.
+TRANSFERS OF FINANCIAL ASSETS
+52.
+金融資產轉移
+Financial assets that are not derecognised in their
+entirety
+At 31 December 2021, the Group endorsed certain bills
+receivable accepted by banks in Mainland China (the
+“Endorsed Bills") with a carrying amount of RMB27,649,000
+(2020:RMB5,751,000) to certain of its suppliers in
+order to settle trade payables due to such suppliers
+(the “Endorsement"). In the opinion of the directors, the
+Group has retained substantial risks and rewards, which
+include default risks relating to such Endorsed Bills, and
+accordingly, the Group continued to recognise the full
+carrying amounts of the Endorsed Bills and the associated
+trade payables settled. Subsequent to the Endorsement,
+the Group did not retain any rights on the use of the
+Endorsed Bills, including the sale, transfer or pledge of the
+Endorsed Bills to any other third parties. The aggregate
+carrying amount of the trade payables settled by the
+Endorsed Bills during the year to which the suppliers have
+(2020: RMB0.148) per ordinary share
+Less than
+8,644,159
+Maximum amount guaranteed
+84,150
+Financial liabilities included in
+計入其他應付款項及應計費用的
+1,150,906 29,104,305
+10,819,660
+-
+41,074,871
+other payables and accruals
+Other liabilities
+金融負債
+其他負債
+2,922,108
+14,035 2,936,143
+1,810,761 100,086,553 43,860,687 14,834,125
+Financial guarantees issued
+發出財務擔保
+Maximum amount guaranteed
+擔保的最高金額
+6,409,637
+924,743 161,516,869
+6,409,637
+Annual Report 2021
+二零二一年年報
+303
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+50.
+FINANCIAL RISK MANAGEMENT OBJECTIVES 50.
+-
+1,636,828
+1,636,828
+84,150
+應付其他關聯方款項
+On demand
+3 months
+12 months
+1 to 5 years Over 5 years
+三至
+Total
+按要求
+RMB'000
+人民幣千元
+三個月以下
+RMB'000
+人民幣千元
+十二個月以下
+RMB'000
+人民幣千元
+一至五年
+RMB'000
+人民幣千元
+五年以上
+RMB'000
+人民幣千元
+總計
+RMB'000
+人民幣千元
+財務風險管理目標及政策(續)
+Lease liabilities
+Trade and bills payables
+應付貿易賬款及票據
+659,855
+8,900,423
+74,484
+60,286,363
+219,049
+18,097,661
+14,724,317 11,130,400
+781,617
+34,755,140
+910,708
+1,985,858
+79,043,879
+Due to joint ventures
+應付合營公司款項
+Due to other related parties
+租賃負債
+AND POLICIES (CONTINUED)
+Liquidity risk (continued)
+Financial liabilities (continued)
+24,080,562 26,020,717
+459,036
+294,173 55,563,545
+681,299 1,337,476
+49,791,628
+Due to joint ventures
+應付合營公司款項
+2,398,177
+2,398,177
+Due to other related parties
+應付其他關聯方款項
+137,566
+137,566
+Financial liabilities included in
+143,191
+9,887,490
+計入其他應付款項及應計費用
+3,651,398 3,514,701
+other payables and accruals
+Other liabilities
+的金融負債
+其他負債
+2,964,969
+36,178
+3,001,147
+1,884,297
+50,709,330 37,625,944
+29,444,722
+1,011,650 120,675,943
+Financial guarantees issued
+發出財務擔保
+1,280,305
+擔保的最高金額
+5,168,093
+53,950
+39,300,146
+應付貿易賬款及票據
+流動資金風險(續)
+金融負債(續)
+2020
+二零二零年
+3 top
+Less than
+less than
+On demand
+3 months
+12 months
+1 to 5 years Over 5 years
+Total
+三至
+603,992
+按要求
+RMB'000
+人民幣千元
+十二個月以下
+一至五年
+人民幣千元
+RMB'000
+人民幣千元
+RMB'000
+人民幣千元
+五年以上
+RMB'000
+人民幣千元
+總計
+RMB'000
+人民幣千元
+Interest-bearing bank and other borrowings 計息銀行及其他借款
+Lease liabilities
+租賃負債
+Trade and bills payables
+三個月以下
+RMB'000
+8,446,404
+完全撤銷確認的金融資產(續)
+capital of 2,911,142,855 shares as at 29 March 2022, a
+55,559
+57,168
+Investments in subsidiaries
+40,503,023
+18,183,382
+Investments in joint ventures
+於合營公司的投資
+3,495,039
+1,629,654
+Investments in associates
+於聯營公司的投資
+565,804
+555,978
+Other intangible assets
+投資物業
+其他無形資產
+268,720
+Non-current prepayments
+非流動預付款項
+9,718
+11,028
+Right-of-use assets
+使用權資產
+30,285
+21,892
+Equity investments at fair value through
+以公允價值計量並計入其他綜合
+2,674,760
+1,420,080
+other comprehensive income
+251,019
+Investment properties
+900,530
+830,894
+During the year ended 31 December 2021, the Group has
+an enforceable legal right to offset the recognised amounts
+of trade receivables and trade payables and the Group
+has an intention to settle on a net basis. The aggregate
+carrying amount of the trade receivables and trade
+payables offset was RMB5,044,477,000 as at 31 December
+2021 (31 December 2020: RMB3,017,666,000).
+本集團在日常業務中因短期融資需求將部分
+應收賬款以無追溯權方式保理給金融機構,
+並與多家銀行訂立無追溯權的應收賬款保理
+協議,將若干應收賬款轉讓予該等銀行(「應
+收賬款保理」)。在若干應收賬款保理協議
+下,本集團不需要承擔轉讓應收賬款保理後
+的債務人違約風險和延遲還款風險,轉移
+應收賬款保理相關之所有的風險和報酬。
+符合撤銷確認金融資產條件。因此,本集
+團對應收賬款保理按照賬面值撤銷確認。於
+二零二一年十二月三十一日,已轉讓的應收
+賬款保理賬面值為人民幣20,227,834,000
+元(二零二零年十二月三十一日:人民幣
+3,813,206,000元),與撤銷確認相關的虧損
+為人民幣88,765,000元(二零二零年十二月
+三十一日:人民幣299,523,000元)。
+截至二零二一年十二月三十一日止年度,
+本集團具有可強制執行之法定權利可抵銷
+貿易應收款項及貿易應付款項之已確認金
+額,且本集團有意按淨額基準結算。於二
+零二一年十二月三十一日,應收貿易賬款
+及應付貿易賬款的抵銷總賬面值為人民幣
+5,044,477,000元(二零二零年十二月三十一
+日:人民幣3,017,666,000元)。
+EVENTS AFTER THE REPORTING PERIOD
+53.
+報告期後事項
+The 2021 proposed profit distribution plan was approved at
+the 20th Meeting of the Seventh Session of the Board of the
+Company dated 29 March 2022. Based on the total share
+cash dividend of RMB305,670,000 (i.e. a cash dividend of
+RMB0.105 per share (tax inclusive)) will be distributed. The
+dividend distribution plan is subject to consideration and
+approval of the Company's shareholders at the forthcoming
+annual general meeting.
+經二零二二年三月二十九日本公司第七屆董
+事會第二十次會議批准二零二一年度利潤分
+配預案。以二零二二年三月二十九日總股本
+2,911,142,855股為基數,分配現金股利人
+民幣305,670,000元(即每股現金股利人民幣
+0.105元(含税))。該股利分配方案尚待本公
+司股東於股東周年大會上審議批准。
+BYD Company Limited
+308
+比亞迪股份有限公司
+Notes to Financial Statements
+財務報表附註
+31 December 2021
+二零二一年十二月三十一日
+54.
+物業、廠房及設備
+Property, plant and equipment
+RMB'000
+人民幣千元
+二零二零年
+2020
+2021
+二零二一年
+RMB'000
+人民幣千元
+收益的權益投資
+非流動資產
+有關本公司於報告期末之財務狀況表的資料
+載述如下:
+Company at the end of the reporting period is as follows:
+Information about the statement of financial position of the
+本公司之財務狀況表
+54.
+STATEMENT OF FINANCIAL POSITION OF THE
+COMPANY
+NON-CURRENT ASSETS
+Other non-current financial assets
+於附屬公司的投資
+122,303
+Cash and cash equivalents
+現金及現金等價物
+17,800,277
+2,774,076
+Total current assets
+流動資產總值
+32,686,234 30,184,138
+Stage 3
+Stage 2
+Stage 1
+階段1
+Simplified
+年限內預期信貸虧損
+預期信貸虧損
+12個月
+Lifetime ECLs
+12-month ECLs
+於二零二一年十二月三十一日
+Annual Report 2021
+二零二一年年報
+299
+Notes to Financial Statements
+財務報表附註
+70,405
+50.
+受限制銀行存款
+FINANCIAL RISK MANAGEMENT OBJECTIVES
+AND POLICIES (CONTINUED)
+財務風險管理目標及政策(續)
+Credit risk (continued)
+The tables below show the credit quality and the maximum
+exposure to credit risk based on the Group's credit policy,
+which is mainly based on past due information unless
+other information is available without undue cost or effort,
+and year-end staging classification as at 31 December.
+The amounts presented are gross carrying amounts for
+financial assets and the exposure to credit risk for financial
+guarantee contracts.
+信貸風險(續)
+下表載列於十二月三十一日根據本集團的信
+貸政策及列示的信貸風險之信貸質素及最大
+敞口以及年終階段分級,其主要基於逾期的
+資料(除非可在不必花費不必要成本或精力
+情況下取得其他資料則另作別論)作出。所
+呈列的金額為金融資產的賬面總值及財務擔
+保合同的信貸風險敞口。
+As at 31 December 2021
+50.
+Restricted bank deposits
+31 December 2021
+二零二一年十二月三十一日
+4,411
+278,714
+其他非流動金融資產
+非流動資產總值
+23,170,735
+CURRENT ASSETS
+Inventories
+流動資產
+存貨
+71,789
+36,772
+Trade receivables
+應收貿易賬款
+176,066
+206,848
+Receivables financing
+48,486,506
+62,914
+應收合營公司款項
+應收款項融資
+Due from joint ventures
+25,979,505
+14,097,104
+應收附屬公司款項
+Due from subsidiaries
+Total non-current assets
+162,128
+other assets
+746,095
+其他資產
+473,673
+預付款項、其他應收賬款及
+Prepayments, other receivables and
+資產淨值
+59,660,696
+24,030,856
+EQUITY
+權益
+341
+75,541
+Net assets
+股本
+2,911,143
+2,728,143
+Reserves
+儲備
+Equity attributable to owners of the parent
+Share capital
+母公司擁有人應佔權益
+非流動負債總額
+7,608,135
+Total non-current liabilities
+1,810
+249,501
+249,501
+Other non-current liabilities
+1,777
+遞延收入
+Deferred income
+390
+14,740,459
+56,749,553
+遞延稅項負債
+14,992,160
+其他非流動負債
+54. STATEMENT OF FINANCIAL POSITION OF THE
+COMPANY (CONTINUED)
+Perpetual loans
+Deferred tax liabilities
+surplus
+through other
+Share
+Statutory
+fair value
+assets at
+financial
+Fair value
+reserve of
+附註:
+A summary of the Company's reserves is as follows:
+Note:
+本公司之儲備概要載述如下:
+20,208,121
+本公司之財務狀況表(續)
+二零二一年十二月三十一日
+31 December 2021
+財務報表附註
+Notes to Financial Statements
+比亞迪股份有限公司
+310
+BYD Company Limited
+24,030,856
+59,660,696
+權益總額
+永續債
+Total equity
+1,094,592
+54.
+租賃負債
+Research and development costs
+7,280,975
+11,067
+租賃負債
+Lease liabilities
+1,736,011
+234,805
+其他應付款項
+1,697,701
+63,925
+應付貿易賬款及票據
+流動負債
+Other payables
+Trade and bills payables
+CURRENT LIABILITIES
+2,746
+RMB'000
+人民幣千元
+2021
+二零二一年
+RMB'000
+人民幣千元
+有關本公司於報告期末之財務狀況表的資料
+載述如下:(續)
+Company at the end of the reporting period is as follows:
+(continued)
+Information about the statement of financial position of the
+本公司之財務狀況表(續)
+54.
+54. STATEMENT OF FINANCIAL POSITION OF THE
+COMPANY (CONTINUED)
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+309
+Annual Report 2021
+二零二一年年報
+premium
+2020
+二零二零年
+Lease liabilities
+合同負債
+115,769
+計息銀行及其他借款
+Interest-bearing bank and other borrowings
+非流動負債
+NON-CURRENT LIABILITIES
+67,268,831 39,023,016
+資產總值減流動負債
+TOTAL ASSETS LESS CURRENT LIABILITIES
+18,782,325 15,852,281
+流動資產淨值
+NET CURRENT ASSETS
+14,331,857
+13,903,909
+流動負債總額
+銷售及分銷成本
+應付稅項
+1,425
+772
+32,254
+2,163,815
+3,859,932
+Tax payable
+應付附屬公司款項
+Due to subsidiaries
+應付合營公司款項
+Due to joint ventures
+8,582,136
+9,711,438
+計息銀行及其他借款
+Interest-bearing bank and other borrowings
+Total current liabilities
+Capital comprehensive
+21,970
+Retained
+3,009,737
+Government grants and subsidies
+政府補助及補貼
+2,263,485
+Selling and distribution costs
+BYD COMPANY LIMITED
+BYD) 比亞迪股份有限公司
+95,069,671 56,874,274 56,762,289 55,198,289 55,004,194
+295,780,147 201,017,321 195,641,593 194,571,077 178,099,430
+(191,535,938) (136,563,409) (133,040,173) (133,877,098) (118,141,943)
+(9,174,538) (7,579,638) (5,839,131) (5,495,690) (4,953,293)
+4,916,936
+3,556,193
+2,118,857
+6,013,963
+其他收入及收益
+3,967,266
+負債總額
+非控股權益
+資產總值
+NON-CONTROLLING INTERESTS)
+NET ASSETS (EXCLUDING
+NON-CONTROLLING INTERESTS
+TOTAL LIABILITIES
+TOTAL ASSETS
+4,066,478
+850,458
+2,780,194
+775,999
+1,614,450
+504,407
+4,234,267
+1,779,696
+922,078
+非控股權益
+淨資產值(不包括非控股權益)
+Other income and gains
+23,632,561
+毛利
+BYD Company Limited
+312
+比亞迪股份有限公司
+Five Year Financial Summary
+五年財務摘要
+31 December 2021
+二零二一年十二月三十一日
+A summary of the results and of the assets, liabilities and minority
+interests of the Group for the last five financial years, as extracted
+from the published audited financial statements and restated/
+reclassified as appropriate, is set out below.
+以下為本集團過去五個財政年度之業績以及資產、
+負債及少數股東權益之概要,乃摘錄自刊發之經審
+核財務報表,並經適當重列/重新分類。
+2021
+二零二一年
+RMB'000
+人民幣千元
+2020
+二零二零年
+RMB'000
+人民幣千元
+2019
+二零一九年
+RMB'000
+人民幣千元
+2018
+二零一八年
+2017
+RMB'000
+人民幣千元
+二零一七年
+RMB'000
+人民幣千元
+(Restated)
+(經重列)
+REVENUE
+Cost of sales
+Gross profit
+收入
+銷售成本
+211,299,918 153,469,184 121,778,117
+(187,667,357) (126,225,593) (103,702,124) (103,724,161)
+121,790,925
+102,650,614
+(84,715,540)
+Non-controlling interests
+3,045,188
+母公司擁有人
+Owners of the parent
+(568,610)
+(2,056,691) (213,536)
+(3,123,801) (3,487,407)
+(1,986,631)
+(1,907,642)
+融資成本
+Finance costs
+其他開支
+Other expenses
+measured at amortised cost
+不適用
+(361,765)
+(519,134)
+(299,523)
+(88,765)
+終止確認攤銷成本計量的金融資產虧損
+Loss on derecognition of financial assets
+不適用
+(332,080)
+(477,031)
+(1,166,268)
+(444,553)
+¥§Àª§}
+Impairment losses on financial and contract assets
+(3,826,379) (3,047,734)
+(5,742,242) (4,395,630) (4,232,316)
+行政開支
+Administrative expenses
+(4,989,360) (3,739,491)
+27,243,591 18,075,993 18,066,764 17,935,074
+1,700,078 1,974,950 2,137,163 1,153,210
+1,688,142 1,707,657 2,332,863 1,275,807
+(6,081,678) (5,055,613) (4,345,897) (4,729,481) (4,925,288)
+(7,990,974) (7,464,861) (5,629,372)
+研究與開發成本
+(463,645)
+董事會已於二零二二年三月二十九日審批及
+授權刊發財務報表。
+(3,118,751) (2,342,770)
+分佔溢利及虧損:
+以下人士應佔:
+Attributable to:
+3,556,193 4,916,936
+2,118,857
+6,013,963
+3,967,266
+本年度溢利
+PROFIT FOR THE YEAR
+4,385,640 5,620,641
+(829,447) (703,705)
+2,431,131
+(312,274)
+(868,624)
+(550,737)
+所得稅開支
+Income tax expense
+6,882,587
+4,518,003
+除稅前溢利
+PROFIT BEFORE TAX
+46,437
+52,878
+(277,602) (270,959)
+(435,311)
+12,535
+(198,955)
+12,118
+65,981
+聯營公司
+Associates
+(211,276)
+reserve
+Joint ventures
+Share of profits and losses of:
+The financial statements were approved and authorised for
+issue by the board of directors on 29 March 2022.
+合營公司
+55.
+以公允價值計量並計入其他綜合
+(438,579)
+investments at fair value through
+收益的權益投資公允價值變動
+other comprehensive income
+Total comprehensive income for the year 年度綜合收益總額
+Repay of perpetual loans
+贖回永續債
+209,285 4,394,592 25,252,171
+169,420
+169,420
+2,388
+(438,579)
+Perpetual loan interest
+永續債利息
+Final 2019 dividend paid
+已付二零一九年末期股息
+Appropriation to statutory surplus
+reserve fund
+轉撥至法定盈餘公積金
+(436,191)
+169,420
+(266,771)
+(3,300,000) (3,300,000)
+(218,998)
+(218,998)
+(163,689)
+(163,689)
+26,779
+(26,779)
+At 31 December 2020
+Change in fair value of equity
+於二零二零年十二月三十一日 19,980,490
+receivables financing
+應收款項融資公允價值變動
+Perpetual
+account
+reserve
+income
+fund
+profits
+loans
+Total
+股份溢價賬
+RMB'000
+人民幣千元
+資本儲備
+RMB'000
+人民幣千元
+以公允價值計量
+並計入其他綜合
+收益的金融資產
+的公允價值儲備
+RMB°000
+人民幣千元
+法定盈餘
+公積金
+RMB’000
+人民幣千元
+留存溢利
+RMB'000
+人民幣千元
+永續債
+RMB'000
+人民幣千元
+總計
+RMB'000
+人民幣千元
+At 1 January 2020
+於二零二零年一月一日
+19,980,490
+(225,407)
+189,809
+703,402
+審批財務報表
+年度溢利
+Other comprehensive income for the year: 年度其他綜合收益:
+Profit for the year
+Change in fair value of
+2,388
+(225,407)
+Contract liabilities
+(30,761) 1,094,592 21,302,713
+轉撥至法定盈餘公積金
+456,511
+504,196
+960,707
+APPROVAL OF THE FINANCIAL STATEMENTS
+55.
+31 December 2021
+二零二一年十二月三十一日
+財務報表附註
+Notes to Financial Statements
+311
+Annual Report 2021
+二零二一年年報
+56,749,553
+(62,803)
+781,370
+210,129
+(208,364)
+At 31 December 2021
+22,451
+22,451
+其他
+Others
+reserve fund
+(51,189)
+51,189
+(61,600)
+(423,449)
+(423,449)
+(61,600)
+(246,382) 730,181
+36,048,731
+(1,094,592) (1,100,000)
+已付二零二零年末期股息
+永續債利息
+於二零二一年十二月三十一日 56,029,221
+Final 2020 dividend paid
+於二零二一年一月一日
+At 1 January 2021
+Appropriation to statutory surplus
+19,980,490
+(225,407)
+(246,382) 730,181
+Profit for the year
+年度溢利
+1,094,592 21,302,713
+504,196
+Other comprehensive income for the year: 年度其他綜合收益:
+Change in fair value of
+應收款項融資公允價值變動
+receivables financing
+Change in fair value of equity
+以公允價值計量並計入其他綜合
+(30,761)
+504,196
+456,497
+36,048,731
+14
+贖回永續債
+發行股份
+Issue of shares
+收益的權益投資的公允價值
+變動
+Repay of perpetual loans
+Total comprehensive income for the year 年度綜合收益總額
+other comprehensive income
+investments at fair value through
+456,497
+14
+Perpetual loan interest
+(5,408)
+The Company did not redeem any of its shares during the period
+from 1 January 2021 to 31 December 2021. During the Period,
+neither the Company nor any of its subsidiaries purchased or sold
+any of the Company's shares.
+2,911,142,855
+62.28%
+37.72%
+100.00%
+PURCHASE, SALE OR REDEMPTION OF SHARES
+1,098,000,000
+Proposed Spin-off of BYD Semiconductor
+ACQUISITIONS AND DISPOSALS OF SUBSIDIARIES,
+ASSOCIATES AND JOINT VENTURES
+Save as described in the section headed "Proposed Spin-off of
+BYD Semiconductor” below, during the reporting period,there
+was no significant investment held, material acquisition and
+disposal of subsidiaries, associates and joint ventures.
+References are made to the announcements of the Company
+dated 30 December 2020,16 June 2021, 30 June 2021,25
+October 2021 and 27 January 2022, as well as the circular of
+the Company dated 31 May 2021, in relation to (among others)
+the proposed spin-off and separate listing of a non wholly-
+owned subsidiary of the Company, BYD Semiconductor Company
+Limited(比亞迪半導體股份有限公司) (formerly known as “BYD
+Semiconductor Co., Ltd.", hereinafter referred to as “BYD
+Semiconductor"), on the ChiNext Board of the Shenzhen Stock
+Exchange (the “SZSE”) (hereinafter referred to as “Spin-off”).
+購買、出售或贖回股份
+於二零二一年一月一日起至二零二一年十二月三十
+一日止,本公司並無贖回其任何股份。期內,本公
+司或其任何附屬公司概無購買或出售任何本公司股
+份。
+Percentage (%)
+約佔百分比(%)
+所持重大投資及重大收購及出售附屬公司、
+聯營公司及合營公司
+SIGNIFICANT INVESTMENT HELD AND MATERIAL
+Approximate
+Management Discussion and Analysis
+Number of
+shares issued
+已發行股份數目
+除下文「建議分拆比亞迪半導體」一節所述外,於本
+報告期內,概無所持重大投資及重大收購及出售附
+屬公司、聯營公司及合營公司。
+。
+33
+BYD Company Limited
+34
+比亞迪股份有限公司
+管理層討論與分析
+SHARE CAPITAL
+The Company has successfully allotted and issued 133,000,000
+and 50,000,000 new H shares on 28 January 2021 and 8
+November 2021 respectively. As at 31 December 2021, the share
+capital of the Company was as follows:
+股本
+本公司於二零二一年一月二十八日及二零二一年
+十一月八日成功分別配發及發行133,000,000股及
+50,000,000新H股,於二零二一年十二月三十一
+日,本公司的股本如下:
+A shares
+H shares
+Total
+A股
+H股
+總數
+1,813,142,855
+建議分拆比亞迪半導體
+有關資本承擔業務的詳情,請參閱財務報表附註46。
+Annual Report 2021
+二零二一年年報
+Please refer to note 44 to the financial statements for details of
+contingent liabilities.
+ENVIRONMENTAL PROTECTION AND SOCIAL
+SECURITY
+During the reporting period, the Company had no significant
+environmental protection or social security issues.
+由於本公司於比亞迪半導體的股權預期於分拆完成
+後將會減少,故分拆將構成上市規則第十四章項下
+本公司之視作出售事項。目前預期分拆的最高適用
+百分比率均將低於5%。因此,分拆並不構成上市規
+則第十四章項下本公司的須予公佈交易,且毋須遵
+守上市規則第十四章項下的公告、申報及股東批准
+規定。
+截至本年報日期,本次分拆尚需取得中國證監會同
+意發行註冊程序的決定,存在不確定性。本公司將
+遵守上市規則項下的適用規定,並於適當時候作進
+一步公告。
+資本承擔
+子公司股權期權計劃的有效期將自股權期權授予日
+期開始,並於所有已行使或註銷的股權期權授予激
+勵參與者當日結束,不應超過十年。根據子公司股
+權期權計劃授予的股權期權應分三批行使,相應歸
+屬期應自授予日期起分別為24個月、36個月及48個
+月。於第一、第二及第三個行使期,於滿足業績條
+件的前提下,30%、30%及40%的股權期權有權行
+使權力。當參與者未能履行比亞迪半導體作為行使
+條件的業績時,或於行使期末後當前未行使的股權
+期權將失效,並由比亞迪半導體無償回購及註銷。
+有關行使期、作為股權期權行使條件的績效考核目
+標的詳情及子公司股權期權計劃的進一步詳情,請
+參閱該通函及本報告的財務報表附註41
+或有負債
+有關或有負債的詳情,請參閱財務報表附註44。
+環保及社會安全情況
+報告期內,本公司不存在重大環保或社會安全問題。
+以夢為馬 >
+逐光前行
+REV
+& ER
+nental
+CONTINGENT LIABILITIES
+謹此提述本公司日期為二零二零年十二月三十日、
+二零二一年六月十六日、二零二一年六月三十日、
+二零二一年十月二十五日及二零二二年一月二十七
+日的公告及本公司日期為二零二一年五月三十一日
+的通函,內容有關(其中包括)建議分拆本公司的非
+全資子公司比亞迪半導體股份有限公司(前稱為比亞
+迪半導體有限公司)(「比亞迪半導體」)並於深圳證
+券交易所(「深交所」)創業板獨立上市(以下簡稱「分
+拆」)。
+Please refer to note 46 to the financial statements for details of
+capital commitments.
+with the applicable requirements under the Listing Rules and
+make further announcement when appropriate.
+Management Discussion and Analysis
+管理層討論與分析
+The Company held the 4th Meeting of the Seventh Session of the
+Board, the 11th Meeting of the Seventh Session of the Board and
+the First Extraordinary General Meeting of 2021 on 30 December
+2020, 10 May 2021, and 16 June 2021, respectively, during which
+the Company considered and approved the matters related to the
+Spin-off of BYD Semiconductor to be listed on the ChiNext Board
+of the Shenzhen Stock Exchange (hereinafter referred to as the
+“Spin-off”). The Company subsequently submitted the application
+materials for the Spin-off to the SZSE and filed the application
+for the Spin-off and the waiver of the Company from providing
+assured entitlement to the Company's shareholders to The Stock
+Exchange of Hong Kong Limited (“Hong Kong Stock Exchange").
+On 29 June 2021, the Company received the Notice Regarding
+Acceptance of the Application Documents for the Initial Public
+Offering and Listing of Shares of BYD Semiconductor Company
+Limited on the ChiNext Board issued by SZSE (Shen Zheng Shang
+Shen [2021]No.283). In accordance with relevant regulations,
+the SZSE checked the application report and related application
+documents submitted by BYD Semiconductor for the initial
+public offering and listing of shares on the ChiNext Board, and
+determined that the documents are complete and acceptable.
+On 22 October 2021, the Company received the approval in
+relation to the Spin-off and the waiver for assured entitlement from
+the Hong Kong Stock Exchange, confirming that the Company may
+conduct the Spin-off pursuant to Practice Note 15 of the Listing
+Rules and can be waived from providing assured entitlement of
+BYD Semiconductor's shares to its existing shareholders.
+According to the Announcement of the Results of the 5th
+Consideration Meeting of the GEM Listing Committee in 2022
+announced by the SZSE on 27 January 2022, the results of
+the review of the Listing Committee of SZSE in relation to the
+application of BYD Semiconductor to list on the ChiNext Board of
+SZSE separately are that BYD Semiconductor Company Limited
+(initial public offering) complies with the issuance conditions, the
+conditions of listing and the information disclosure requirements.
+本公司分別於二零二零年十二月三十日、二零二一
+年五月十日及二零二一年六月十六日召開的第七屆
+董事會第四次會議、第七屆董事會第十一次會議和
+二零二一年第一次臨時股東大會審議通過了關於分
+拆比亞迪半導體至深圳證券交易所創業板上市的相
+關事項(以下簡稱「本次分拆」),並於其後向深交所
+提交了本次分拆的申請材料,及向香港聯合交易所
+有限公司(以下簡稱「香港聯交所」)提出本次分拆及
+豁免公司向公司股東提供保證配額的申請。
+二零二一年六月二十九日,本公司收到深交所發出
+的《關於受理比亞迪半導體股份有限公司首次公開發
+行股票並在創業板上市申請文件的通知》(深證上審
+[2021]283號)。深交所依據相關規定對比亞迪半導
+體報送的首次公開發行股票並在創業板上市的申請
+報告及相關申請文件進行了核對,認為文件齊備,
+決定予以受理。
+二零二一年十月二十二日,本公司收到香港聯交所
+關於本次分拆的批覆及保證配額的豁免同意函,確
+認本公司可根據上市規則第15項應用指引進行分拆
+及可獲豁免向其現有股東提供比亞迪半導體股份之
+保證配額。
+根據深交所二零二二年一月二十七日公佈的《創業板
+上市委二零二二年第5次審議會議結果公告》,深交
+所創業板上市委員會就比亞迪半導體擬於深交所創
+業板獨立上市的申請的審議結果為:比亞迪半導體
+股份有限公司(首發)符合發行條件、上市條件和信
+息披露要求。
+35
+BYD Company Limited
+36
+比亞迪股份有限公司
+Management Discussion and Analysis
+管理層討論與分析
+As it is expected that the Company's equity interests in BYD
+Semiconductor will be redeemed upon the completion of Spin-off,
+the Spin-off would constitute a deemed disposal of the Company
+under Chapter 14 of the Listing Rules. Currently, the highest
+applicable percentage ratio of the Spin-off will be less than 5%.
+Accordingly, the Spin-off will not constitute a notifiable transaction
+of the Company under Chapter 14 of the Listing Rules, and is
+not subject to the requirements of announcement, reporting and
+approval of shareholders under Chapter 14 of the Listing Rules.
+As of the date of this annual report, there are uncertainties for
+the spin off, as it is subject to the approval of the CSRC for the
+issuance and registration procedures. The Company will comply
+CAPITAL COMMITMENT
+涉及股權期權的比亞迪半導體股份數目為
+33,088,235股(於本報告日期佔比亞迪半導註冊股
+本的7.353%)。子公司股權期權計劃項下涉及的比
+亞迪半導體累計股份總數及比亞迪半導體所有其他
+計劃不應超過比亞迪半導體於二零二一年六月十六
+日(本公司董事批准子公司股權期權計劃之日)已發
+行股本總額的10%。於本報告日期,根據子公司股
+權期權計劃的條款及條件按發行價每股人民幣4.54
+元(須根據子公司股權期權計劃的條款及條件進一步
+調整)授予比亞迪半導體36名僱員合共33,088,235
+份股權期權(即子公司股權期權計劃項下可授予的所
+有股權期權)。除由於有條件批准子公司股權期權計
+劃後僱員辭任導致的203,824份股權期權已失效及
+註銷外,截至二零二一年十二月三十一日止十二個
+月,概無股權期權獲行使、註銷及/失效。於二零
+二一年十二月三十一日,子公司股權期權計劃項下
+尚未行使股權期權。
+比亞迪股份有限公司
+The number of shares of BYD Semiconductor in respect of which
+the share options involved is 33,088,235 (representing 7.353%
+of the registered share capital of BYD Semiconductor as at the
+date of this report), and the cumulative total number of shares of
+BYD Semiconductor involved under the Subsidiary Share Option
+Scheme and all other schemes of BYD Semiconductor shall not
+exceed 10% of the total share capital of BYD Semiconductor in
+issue on 16 June 2021, the date of approval of the Subsidiary
+Share Option Scheme by the directors of the Company. As at the
+date of this report, an aggregate of 33,088,235 share options,
+representing all the share options which could be granted
+under the Subsidiary Share Option Scheme, were granted to 36
+employees of BYD Semiconductor pursuant to the terms and
+conditions of the Subsidiary Share Option Scheme at the exercise
+price of RMB4.54 per share (subject to a further adjustment in
+accordance with terms and conditions of the Subsidiary Share
+Option Scheme). Save for 203,824 share options which had been
+lapsed and cancelled as a result of the resignation of an employee
+subsequent to the conditional approval of the Subsidiary Share
+Option Scheme, no share option was exercised, cancelled and/or
+lapsed during the twelve months ended 31 December 2021. As at
+31 December 2021, there was no outstanding share option under
+the Subsidiary Share Option Scheme.
+二零二一年
+Rechargeable Batteries and
+Photovoltaic
+二次充電電池及光伏
+Automobiles and related
+products, and other products
+汽車、汽車相關產品及其他產品
+2020
+二零二零年
+Mobile handset compo-
+nents, assembly service
+and other products
+手機部件、組裝及其他
+產品
+2021
+二零二一年
+PRC (including Hong Kong,
+Macau and Taiwan)
+中國(包括港澳台地區)
+2020
+2020
+61.48%
+二零二零年
+Overseas
+2021
+境外
+69.76%
+30.24%
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+管理層討論與分析
+29
+FINANCIAL REVIEW
+Revenue and Profit attributable to Owners of the Parent
+Company
+During the Year,revenue increased by 37.68% as compared
+to that of 2020,mainly attributable to change of product mix.
+The profit attributable to equity holders of the Parent Company
+decreased by 28.08% as compared to the previous year, mainly
+attributable to the decrease of gross profit rate due to change of
+product mix.
+Segmental Information
+The following charts set out comparisons of the Group's revenue
+by product categories for the years ended 31 December 2021 and
+2020:
+Revenue Breakdown by Product Categories
+按產品類別劃分的營業額
+財務回顧
+營業額及母公司擁有人應佔溢利
+年內,營業額較二零二零年增加37.68%,主要是產
+品結構變化所致。母公司權益持有人應佔溢利較去
+年同期下滑28.08%,主要為產品結構變化導致毛利
+率下滑。
+分部資料
+下圖為本集團於截至二零二一年及二零二零年十二
+月三十一日止年度按產品類別分析的營業額比較:
+Revenue Breakdown by Locations of Customers
+按客戶所在地劃分的營業額
+7.29%
+2021
+40.49%
+7.63%
+2020
+2021
+The validity period of the Subsidiary Share Option Scheme shall
+commence from the grant date of the share options and end on
+the date on which all the share options granted to the incentive
+participants have been exercised or cancelled, which shall not
+be longer than 10 years. The share options granted under the
+Subsidiary Share Option Scheme shall be exercised in three
+tranches, and the corresponding vesting periods shall be 24
+months,36 months and 48 months respectively from the grant
+date. In the first, second, and third exercise periods,30%,30%,
+and 40% of the share options are entitled to be exercised under
+the prerequisite of meeting performance conditions. The share
+options will not be exercisable when participants fail to fulfil
+BYD Semiconductor's performance as the conditions of exercise
+or those currently not exercised after the end of the exercise
+period shall become null and void and be repurchased without
+consideration and cancelled by BYD Semiconductor. For further
+details of the exercise period, performance appraisal objectives
+(as conditions of the exercise of the share options) and further
+details of the Subsidiary Share Option Scheme, please refer to the
+Circular and note 41 to the financial statements in this report.
+BYD Company Limited
+比亞迪股份有限公司
+於二零二一年十二月三十一日,本集團以賬面淨值
+為人民幣182,646千元(二零二零年十二月三十一
+日:人民幣191,209千元)的土地及房屋建築物作為
+抵押取得長期借款人民幣111,441千元(二零二零年
+十二月三十一日:人民幣116,295千元),其中一年
+內到期的長期借款人民幣21,304千元(二零二零年
+十二月三十一日:人民幣6,675千元)。本年無以運
+輸工具(二零二零年十二月三十一日:人民幣1,781
+千元)作為抵押取得的長期借款。此外,於二零二一
+年十二月三十一日,為取得銀行承兌匯票、信用證
+保證金及其他抵押銀行存款人民幣528,128千元(二
+零二零年:人民幣429,041千元)及受限銀行存款人
+民幣109,109千元(二零二零年:人民幣277,491千
+元)。
+外匯風險
+本集團大部分收入及開支均以人民幣及美元結算。
+期內,本集團並無因貨幣匯率的波動而令其營運或
+流動資金出現任何重大困難或影響。董事相信,本
+集團將有充足外幣應付其外匯需要,並將採取切實
+有效的方法防範外匯匯兌風險。
+BYD Company Limited
+32
+Management Discussion and Analysis
+管理層討論與分析
+Employment, Training and Development
+As at 31 December 2021, the Group had approximately
+288.2 thousand employees. During the Period,total staff cost
+accounted for approximately 15.05% of the Group's turnover.
+Employees' remuneration was determined based on performance,
+qualifications and prevailing industry practices, with compensation
+policies being reviewed on a regular basis. Bonuses were also
+awarded to employees, based on their annual performance
+evaluation. Incentives were offered to encourage personal
+motivation.
+僱用、培訓及發展
+於二零二一年十二月三十一日,本集團僱用約28.82
+萬名僱員。期內,員工成本總額佔本集團營業額約
+15.05%。本集團按僱員的表現、資歷及當時的行
+業慣例釐定給予僱員的報酬,而酬金政策會定期檢
+討。根據年度工作表現評核,僱員或會獲發花紅及
+獎金。發放獎勵乃作為個人推動力的鼓勵。
+In particular, the adoption of a share option scheme (the
+"Subsidiary Share Option Scheme") of BYD Semiconductor
+Company Limited (比亞迪半導體股份有限公司) (formerly known
+as BYD Semiconductor Co.,Ltd,比亞迪半導體有限公司) was
+approved pursuant to a resolution of the shareholders of the
+Company passed on 16 June 2021. For further details of the
+Subsidiary Share Option Scheme, please refer the sub-paragraph
+headed "Subsidiary Share Option Scheme" below of this report.
+SUBSIDIARY SHARE OPTION SCHEME
+References are made to the announcement dated 11 May 2021
+and circular (the “Circular") dated 31 May 2021 of the Company,
+in relation to, among others, the adoption of the 2020 Share Option
+Incentive Scheme of BYD Semiconductor Co., Ltd (the "Subsidiary
+Share Option Scheme"). The adoption of the Subsidiary Share
+Option Scheme was approved by the shareholders of the
+Company at the extraordinary general meeting of the Company
+held on 16 June 2021.
+其中,根據本公司股東於二零二一年六月十六日通
+過的決議案批准採納比亞迪半導體股份有限公司(前
+稱為比亞迪半導體有限公司)股權期權計劃(「子公
+司股權期權計劃」),有關子公司股權期權計劃的進
+一步詳情,請參閱本報告以下「子公司股權期權計
+劃」分節。
+子公司股權期權計劃
+茲提述本公司日期為二零二一年五月十一日的公告
+及日期為二零二一年五月三十一日的通函(「該通
+函」),內容有關(其中包括)建議採納比亞迪半導體
+有限公司2020年股權期權激勵計劃(「子公司股權期
+權計劃」)。本公司股東於本公司於二零二一年六月
+十六日舉行的臨時股東大會上批准採納子公司股權
+期權計劃。
+The purpose of the Subsidiary Share Option Scheme is to, among
+others, further establish and improve the incentive mechanism
+of BYD Semiconductor, retain and motivate talents, and allow
+all parties to focus on the long-term development of BYD
+Semiconductor and jointly promote its sustainable development.
+There are 36 participants in the Subsidiary Share Option Scheme,
+including directors (excluding independent non-executive
+directors), senior management and key personnel (excluding
+supervisors) of BYD Semiconductor. The Subsidiary Share
+Option Scheme is tailored to be a one-off incentive arrangement
+for the aforesaid 36 participants only. None of the 36 incentive
+participants of the Subsidiary Share Option Scheme is a
+connected person at the Company level. For details of the identity
+and positions of the aforesaid participants, please refer to the
+Circular.
+子公司股權期權計劃旨在(其中包括)進一步建立及
+完善比亞迪半導體的激勵機制、挽留及激勵人才以
+及允許全體參與方聚焦比亞迪半導體的長期發展並
+共同促進其可持續發展。
+子公司股權期權計劃有36名參與者,包括比亞迪半
+導體董事(不包括獨立非執行董事)、高級管理層及
+關鍵人員(不包括監事)。子公司股權期權計劃乃僅
+為上述36名參與者量身定制的一次性激勵安排。概
+無子公司股權期權計劃的36名激勵參與者乃本公司
+層面的關連人士。有關上述參與者的身份及職位,
+請參閱該通函。
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+管理層討論與分析
+本集團透過使用資本負債比率(即負債淨額除以權
+益)監管其資本。本集團的政策為盡量維持低資本
+負債比率。負債淨額包括計息銀行及其他借款並扣
+除現金及現金等價物。權益為母公司擁有人應佔權
+益。因此,本集團於二零二一年十二月三十一日
+及二零二零年十二月三十一日的資本負債比率分別
+為-15%及69%。
+30
+本集團財務處的職責是負責本集團的財務風險管理
+工作,並根據高級管理層實行批核的政策運作。於
+二零二一年十二月三十一日,借貸主要以人民幣結
+算,而其現金及現金等價物則主要以人民幣及美元
+持有。本集團計劃於期內維持適當的股本及債務組
+合,以確保具備有效的資本架構。於二零二一年十
+二月三十一日,本集團未償還貸款包括人民幣貸款
+及外幣貸款,且該等未償還貸款中約有58%(二零二
+零年:56%)按固定息率計息,而餘下部分則按浮動
+息率計息。
+Most of the Group's income and expenditure are settled in RMB
+and US dollar. During the Period, the Group did not experience
+any significant difficulties in or impacts on its operations or
+liquidity due to fluctuations in currency exchange rates. The
+Directors believe that the Group has sufficient foreign exchange
+to meet its own foreign exchange requirements and will adopt
+practical measures to prevent exposure to exchange rate risk.
+管理層討論與分析
+Gross Profit and Margin
+During the Year, the Group's gross profit decreased by
+approximately 13.25% to approximately RMB23,633 million. Gross
+profit margin decreased from approximately 17.75% in 2020 to
+approximately 11.18% during the Year. The gross profit margin
+毛利及邊際利潤
+本集團年內的毛利約下降13.25%至約人民幣23,633
+結構變化所致。
+decreased in comparison with 2020, mainly attributable to change
+of product mix.
+Liquidity and Financial Resources
+During the Year, BYD generated operating cash inflow of
+approximately RMB65,467 million,compared with operating
+cash inflow of approximately RMB45,393 million in 2020.Cash
+inflow of the Group during the Period was mainly arising from
+the increase in cash generated from the sales of goods and
+provision of services in operating activities. Total borrowings as
+at 31 December 2021, including all bank loans and bonds, were
+approximately RMB33,729 million,compared with approximately
+RMB51,271 million as at 31 December 2020. The maturity profile
+of the bank loans and bonds thereof spreads over a period of five
+years, with approximately RMB22,939 million repayable within
+one year,approximately RMB10,790 million within the second to
+the fifth years. The Group had adequate liquidity to meet its daily
+liquidity management and capital expenditure requirements and
+control internal operating cash flows.
+For the year ended 31 December 2021,turnover period of
+receivables (including trade receivables and receivables
+financing, amounts due from associates and joint ventures,
+amounts due from related parties) was approximately 100 days,
+as compared to approximately 141 days for the same period in
+2020, which was mainly due to the fact that the increase of trade
+receivables balance in average was lower than that of sales.
+revenue over the same period. The inventory turnover period was
+approximately 74 days for the year ended 31 December 2021 as
+compared to approximately 83 days for the same period in 2020,
+which was mainly due to the fact that the increase of inventory in
+average was lower than that of cost of sales over the same period.
+Please refer to notes 35 and 43 to the financial statements for
+details of financial resources.
+流動資金及財務資源
+年內,比亞迪錄得經營現金流入約人民幣65,467百
+萬元,而二零二零年則錄得經營現金流入約人民幣
+45,393百萬元。本集團期內現金流入主要是經營活
+動銷售商品及提供服務收到的現金增加所致。於二
+零二一年十二月三十一日的總借貸包括全部銀行貸
+款及債券,約為人民幣33,729百萬元,而二零二零
+年十二月三十一日為約人民幣51,271百萬元。銀行
+貸款及債券的到期還款期限分佈在五年期間,分別
+須於一年期內償還約人民幣22,939百萬元,於第二
+至五年期內償還約人民幣10,790百萬元。本集團擁
+有足夠的流動性以滿足日常流動資金管理及資本開
+支需求,並控制內部經營現金流量。
+截至二零二一年十二月三十一日止年度,應收類款
+項(含應收貿易賬款及應收款項融資、應收聯營及合
+營公司、應收關聯方款項)週轉期約為100天,二零
+二零年同期約為141天,變化的主要原因為應收賬
+款平均餘額的同期增幅比營業收入的同期增幅小。
+截至二零二一年十二月三十一日止年度存貨週轉期
+約為74天,二零二零年同期約為83天,變化的主要
+原因為平均庫存的同比增幅比銷售成本的同期增幅
+小。
+有關財務資源的詳情,請參閱財務附註35及43。
+Annual Report 2021
+二零二一年年報
+Management Discussion and Analysis
+管理層討論與分析
+31
+Capital Structure
+The Group's financial division is responsible for the Group's
+financial risk management which operates according to policies
+implemented and approved by senior management. As at 31
+December 2021, borrowings were primarily settled in RMB,while
+cash and cash equivalents were primarily held in RMB and US
+dollar. The Group plans to maintain an appropriate mix of equity
+and debt to ensure an efficient capital structure during the Period.
+As at 31 December 2021, the Group's outstanding loans included
+RMB loans and foreign currency loans and approximately 58%
+(2020: 56%) of such outstanding loans were at fixed interest rates,
+with the remaining at floating interest rates.
+The Group monitors capital using a gearing ratio, which is net debt
+divided by equity. The Group's policy is to maintain the gearing
+ratio as low as possible. Net debt includes interest-bearing bank
+and other borrowings less cash and cash equivalents. Equity
+represents equity attributable to owners of the parent. Therefore,
+the gearing ratios of the Group was -15% and 69% as at 31
+December 2021 and 31 December 2020, respectively.
+As at 31 December 2021,certain items of the Group's land and
+buildings with a net carrying amount of RMB182,646 thousand
+(31 December 2020: RMB191,209 thousand) have been pledged
+as securities for the long term loans of RMB111,441 thousand (31
+December_2020:RMB116,295 thousand) granted to the Group,
+of which RMB21,304 thousand (31 December 2020: RMB6,675
+thousand) was long term loans due within a year. No transit
+equipment(31 December 2020:RMB1,781 thousand) has been
+pledged as securities for the long term loans. In addition, as
+at 31 December 2021, a pledged bank deposit of RMB528,128
+thousand (2020:RMB429,041 thousand) and a restricted bank
+deposit of RMB109,109 thousand (2020: RMB277,491 thousand)
+were pledged for bank bills, guarantee deposits and others.
+Exposure to Foreign Exchange Risk
+資本架構
+Management Discussion and Analysis
+呂向陽先生,60歲,中國國籍,無境外居留權,經
+濟師,為王傳福先生的表哥。呂向陽先生曾在中國
+人民銀行巢湖分行工作,一九九五年二月與王傳福
+先生共同創辦比亞迪實業,現任本公司副董事長兼
+非執行董事,並擔任融捷投資控股集團有限公司董
+事長、融捷股份有限公司董事長、融捷健康科技股
+份有限公司董事長、廣州文石信息科技有限公司董
+事長、南京融捷康生物科技有限公司董事長、融捷
+教育科技有限公司董事長、安華農業保險股份有限
+公司董事、廣東省製造業協會名譽會長、廣東省產
+業發展促進會名譽會長等職。
+王傑
+Zhang Min
+Mr. Zhang Min, aged 45, Chinese national with no right of abode
+overseas, doctoral degree holder and professor of accounting.
+Mr. Zhang was appointed as an independent non-executive
+director of the Company on 8 September 2020. Mr. Zhang
+graduated from Beijing Wuzi University (北京物資學院) in 1999
+with a bachelor's degree in management majoring in accounting,
+from Zhongnan University of Economics and Law (中南財經政法
+大學) in 2005 with a master's degree in management majoring in
+accounting, and completed his post-doctoral training in Peking
+University Guanghua School of Management in 2010. Mr. Zhang
+currently serves as the accounting professor, supervisor for Ph.D.
+candidates and accounting director of Business School, Renmin
+University of China as well as an independent director of Beijing
+HanjianHeshan Pipeline Co., Ltd. (北京韓建河山管業股份有限公司),
+SDIC Capital Co., Ltd.(國投資本股份有限公司),and Beijing SPC
+Environment Protection Tech Co., Ltd.(北京清新環境技術股份有限
+公司).
+獨立非執行董事
+蔡洪平
+蔡洪平先生,68歲,中國香港籍,本科學歷。蔡
+先生於二零二零年九月八日獲委任為本公司獨立非
+執行董事。蔡先生於一九八八年畢業於復旦大學,
+獲新聞學學士學位。蔡先生曾任中國石化上海石油
+化工股份有限公司辦公室主任;國務院國家體改委
+中國企業海外上市指導小組成員及中國H股公司董
+事會秘書聯席會議主席;百富勤投資銀行董事總經
+理;瑞士銀行亞洲區主席;德意志銀行亞太區主
+席。現任漢德資本主席、創始合夥人,並擔任中國
+東方航空股份有限公司、中遠海運發展股份有限公
+司、上海浦東發展銀行股份有限公司獨立董事。
+張敏
+張敏先生,45歲,中國國籍,無境外居留權,博士
+研究生學歷,會計學教授。張先生於二零二零年九
+月八日獲委任為本公司獨立非執行董事。張先生於
+一九九九年畢業於北京物資學院,主修會計學,管
+理學學士學位,於二零零五年畢業於中南財經政法
+大學,主修會計學,獲管理學博士學位,並於二零
+一零年從北京大學光華管理學院博士後出站。張先
+生現任中國人民大學商學院會計系教授、博士生導
+師、會計系主任,並擔任北京韓建河山管業股份有
+限公司、國投資本股份有限公司、北京清新環境技
+術股份有限公司獨立董事。
+BYD Company Limited
+42
+比亞迪股份有限公司
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Jiang Yan-bo
+Mr. Jiang Yan-bo,aged 56, Chinese national with no right of
+abode overseas, doctoral degree holder,professor of law. Mr.
+Jiang was appointed as an independent non-executive director
+of the Company on 8 September 2020.Mr.Jiang graduated
+from Jiangxi College of Finance and Economics (江西財經學院)
+(currently known as Jiangxi University of Finance and Economics
+(江西財經大學)) with a bachelor's degree in economics in 1987,
+from China University of Political Science and Law (中國政法大學)
+with a second bachelor's degree in law in 1989, and from Jiangxi
+University of Finance and Economics with a doctoral degree in
+economics in 2007. Mr. Jiang is currently a professor at the Law
+School of Jiangxi University of Finance and Economics and an
+independent director of Guangdong Dowstone Technology Co.,
+Ltd.(廣東道氏技術股份有限公司),Shenzhen Pagoda Industrial
+(Group)Corporation Limited (深圳百果園實業(集團)股份有限公司)
+and Shenzhen Minkave Technology Co.,Ltd.(深圳市名家匯科技
+股份有限公司) and non-executive director of Mubang High-tech
+Co.,Ltd.(江西沐邦高科股份有限公司) and an external director of
+Jiangxi Provincial Water Conservancy Investment Group Co., Ltd.
+(江西省水利投資集團有限公司).
+Mr.Cai Hong-ping,aged 68,Chinese (Hong Kong) national,
+bachelor's degree holder. Mr. Cai was appointed as an
+independent non-executive director of the Company on 8
+September 2020. Mr. Cai graduated from Fudan University (復旦
+大學) in 1988 with a bachelor's degree in mass communications.
+Mr. Cai served as an office director of Sinopec Shanghai
+Petrochemical Company Limited (中國石化上海石油化工股份有限公
+]), member of the Overseas Listing Team for Chinese Enterprises
+under the Restructuring Committee of the State Council (
+院國家體改委中國企業海外上市指導小組),the chairman of the
+Joint Committee of Board Secretaries for H Share Companies in
+the PRC, managing director of the investment banking division
+of Peregrine Investments Holdings Limited, chairman of the
+investment banking division of UBS AG in Asia and chairman
+of Deutsche Bank (德意志銀行) in the Asia Pacific region. He
+currently serves as the chairman and founding partner of AGIC
+(漢德資本),and an independent director of China Eastern
+Airlines Corporation Limited (中國東方航空股份有限公司),COSCO
+SHIPPING Development Co., Ltd. (中遠海運發展股份有限公司) and
+Shanghai Pudong Development Bank Co., Ltd. (上海浦東發展銀行
+股份有限公司).
+SUPERVISORS
+Mr. Dong Jun-qing,aged 88,Chinese national with no right of
+abode overseas, bachelor's degree holder, and a senior engineer
+at professor level. Mr. Dong graduated from Non-Ferrous Metal
+and Gold Faculty in Moscow, USSR (蘇聯莫斯科有色金屬與黃金學
+院) in 1959,with a bachelor's degree majoring in aluminum and
+magnesium metallurgy, and obtained the title of USSR engineer.
+Mr. Dong lectured at Non-Ferrous Metallurgy Faculty of the
+Northeast_University in the PRC (中國東北大學) and researched
+at Beijing Non-Ferrous Research Institute and was engaged in
+research and development work in the Group. He has been a
+Supervisor and the chairman of the Supervisory Committee since
+July 2002.
+蔣岩波
+蔣岩波先生,56歲,中國國籍,無境外居留權,
+博士研究生學歷,法學教授。蔣先生於二零二零年
+九月八日獲委任為本公司獨立非執行董事。蔣先生
+於一九八七年畢業於江西財經學院(現江西財經大
+學),獲經濟學學士學位,一九八九年畢業於中國政
+法大學,獲法學第二學士學位,二零零七年畢業於
+江西財經大學,獲經濟學博士學位。蔣先生現任江
+西財經大學法學院教授,並擔任廣東道氏技術股份
+有限公司、深圳百果園實業(集團)股份有限公司、
+深圳市名家匯科技股份有限公司獨立董事以及江西
+沐邦高科股份有限公司非執行董事、江西省水利投
+資集團有限公司外部董事。
+監事
+董俊卿
+董俊卿先生,88歲,中國國籍,無境外居留權,本
+科學歷,教授級高級工程師。董先生於一九五九年
+畢業於蘇聯莫斯科有色金屬與黃金學院鋁鎂冶煉專
+業,獲學士學位及蘇聯工程師稱號。董先生曾在中
+國東北大學有色冶金系任教、北京有色金屬研究總
+院從事研究工作,並於本集團從事研發工作,彼於
+二零零二年七月起擔任本公司監事及監事會主席。
+Annual Report 2021
+二零二一年年報
+43
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Li Yong-zhao
+Mr. Li Yong-zhao,aged 61,Chinese national with no right of
+abode overseas, bachelor's degree holder, and a researcher
+level senior engineer. Mr. Li graduated from Xi'an Institute of
+Technology(西安工業學院) in August 1982 with a bachelor's
+degree in mechanical manufacturing technology and equipment.
+Mr. Li worked as technician, office head, deputy director, director,
+deputy plant manager and held other posts in state-owned Factory
+615 of China Industries Group Corporation (中國兵器工業集團公
+司). He also acted as the general manager of the Sino-foreign
+joint venture named Baoji Xingbao Machinery & Electric Co., Ltd.
+(寶雞星寶機電公司), plant manager of state-owned Factory 843 of
+China Industries Group Corporation since May 2002, vice general
+manager of China North Industries Group Corporation(I
+業集團有限公司),executive director of Xi'an Northern Qinchuan
+Company Ltd.(西安北方秦川集團有限公司) since October 2010;
+member of science and technology committee of China North
+Industries Group Corporation (西北工業集團有限公司),and the
+executive director, Party secretary of Xi'an Northern Qinchuan
+Company Ltd. in 2019, and retired in October 2021 and he has
+been a supervisor of the Company since June 2008.
+Dong Jun-qing
+Cai Hong-ping
+INDEPENDENT NON-EXECUTIVE DIRECTORS
+董事、監事及高級管理層
+39
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+EXECUTIVE DIRECTOR
+Wang Chuan-fu
+Mr. Wang Chuan-fu,aged 56, Chinese national with no right of
+abode overseas, master's degree holder and senior engineer. Mr.
+Wang graduated from Central South University of Technology (+
+南工業大學) (currently known as Central South University (中南
+大學)) in 1987 with a bachelor's degree majoring in metallurgy
+physical chemistry, and then graduated from Beijing Non-Ferrous
+Research Institute in the PRC (中國北京有色金屬研究總院) in 1990
+with a master's degree majoring in metallurgy physical chemistry.
+Mr. Wang held positions as vice supervisor in Beijing Non-Ferrous
+Research Institute, general manager in Shenzhen Bi Ge Battery
+Co. Limited(深圳市比格電池有限公司). In February 1995,he
+founded Shenzhen_BYD_Battery Company Limited (深圳市比亞迪
+實業有限公司) (“BYD Battery") (became BYD Company Limited
+on 11 June 2002) with Mr. Lv Xiang-yang and took the position
+of general manager. He is the Chairman, Executive Director and
+President of the Company, and is responsible for the general
+operations of the Company and the development of business
+strategies for the Company. He is a non-executive director and the
+chairman of BYD Electronic (International) Company Limited, the
+Chairman of BYD Semiconductor Co., Ltd, a director of Shenzhen
+DENZA New Energy Automotive Co., Ltd. (深圳騰勢新能源汽車有限
+公司) (formerly known as “Shenzhen BYD Daimler New Technology
+Co.,Ltd.”(深圳比亞迪戴姆勒新技術有限公司), a director of China
+Railway Engineering Consulting Group Co., Ltd. (中鐵工程設計
+諮詢集團有限公司),an independent director of Renren Inc., and
+a director of Southern University of Science and Technology of
+China (南方科技大學).
+Mr. Wang, being a technology expert, enjoyed special allowances
+from the State Council. He was awarded “The 2008 CCTV Man of
+the Year China Economy Innovation Award”,“2014 Zayed Future
+Energy Prize Lifetime Achievement Award, "a founding member
+of the 2016 United Nations Development Programme's“Advisory
+Council for Sustainable Development”(二零一六年聯合國開發計劃
+署”可持續發展顧問委員會”創始成員),“a member of the “13th Five
+Year Plan" National Development Planning Expert Committee” ("+
+三五”國家發展規劃專家委員會委員),“an Outstanding Builder of
+Socialism with Chinese Characteristics in the 5th National Non-
+Public Economic Sector in 2019”(二零一九年第五屆全國非公有制
+經濟人士優秀中國特色社會主義事業建設者),“a model innovator and
+entrepreneur and advanced model figure for the 40th Anniversary
+of the Establishment of the Shenzhen Special Economic Zone"
+(深圳經濟特區建立40周年創新創業人物和先進模範人物),National
+Advanced Person in the Private Economy for the Fight against
+COVID-19 Pandemic (全國抗擊新冠肺炎疫情民營經濟先進個人) etc.
+執行董事
+王傳福
+王傳���先生,56歲,中國國籍,無境外居留權,
+碩士研究生學歷,高級工程師。王先生於一九八七
+年畢業於中南工業大學(現為中南大學),主修冶金
+物理化學,獲學士學位;並於一九九零年畢業於中
+國北京有色金屬研究總院,主修冶金物理化學,獲
+碩士學位。王先生歷任北京有色金屬研究總院副主
+任、深圳市比格電池有限公司總經理,並於一九九
+五年二月與呂向陽先生共同創辦深圳市比亞迪實業
+有限公司(「比亞迪實業」,於二零零二年六月十一
+日變更為比亞迪股份有限公司)任總經理;現任本
+公司董事長、執行董事兼總裁,負責本公司一般營
+運及制定本公司各項業務策略,並擔任比亞迪電子
+(國際)有限公司的非執行董事及主席、比亞迪半導
+體股份有限公司董事長、深圳騰勢新能源汽車有限
+公司(前稱「深圳比亞迪戴姆勒新技術有限公司」)董
+事、中鐵工程設計諮詢集團有限公司董事、人人公
+司(Renren Inc)獨立董事、南方科技大學理事。
+王先生為享受國務院特殊津貼的科技專家,曾榮獲
+「二零零八年CCTV中國經濟年度人物年度創新獎」、
+「二零一四年紮耶德未來能源獎個人終身成就獎」、
+「二零一六年聯合國開發計劃署「可持續發展顧問委
+員會」創始成員」、「“十三五”國家發展規劃專家委員
+會委員」、「二零一九年第五屆全國非公有制經濟人
+士優秀中國特色社會主義事業建設者」、「深圳經濟
+特區建立40周年創新創業人物和先進模範人物」、
+「全國抗擊新冠肺炎疫情民營經濟先進個人」等獎項。
+40
+BYD Company Limited
+比亞迪股份有限公司
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+NON-EXECUTIVE DIRECTORS
+Lv Xiang-yang
+Mr. Lv Xiang-yang, aged 60,Chinese national with no right of
+abode overseas, economist,cousin of Mr. Wang Chuan-fu.Mr.
+Lv Xiang-yang worked at Chaohu Branch of the People's Bank of
+China. In February 1995, he founded BYD Battery with Mr. Wang
+Chuan-fu and currently is the Vice Chairman and a non-executive
+Directors, Supervisors and Senior Management
+41
+Annual Report 2021
+二零二一年年報
+夏佐全先生,59歲,中國國籍,無境外居留權,碩
+士研究生學歷。夏先生於一九八五年至一九八七年
+期間在北京鋼鐵學院(現為北京科技大學)修讀計算
+器科學;並於二零零七年獲北京大學光華管理學院
+高級工商管理碩士學位;夏先生曾在中國人民保險
+公司湖北分公司工作,並於一九九七年加入比亞迪
+實業;曾任本公司執行董事、副總裁,現任本公司
+非執行董事,並擔任深圳市正軒投資有限公司、深
+圳正軒前海股權投資基金管理有限公司、北京正軒
+投資有限責任公司董事長、深圳市優必選科技有限
+公司董事、深圳市聯合利豐供應鏈管理有限公司董
+事、重慶零壹空間科技集團有限公司董事、安諾優
+達基因科技(北京)有限公司董事長、中國宇華教育
+集團有限公司獨立董事、深圳市正軒創客空間科技
+有限公司執行(常務董事及深圳市蓮夏慈善基金會
+副理事長等職。
+夏佐全
+(北京鋼鐵學院) (now known as University of Science & Technology
+Beijing (北京科技大學)) from 1985 to 1987 and he graduated from
+Guanghua School of Management of Peking University (★ª
+光華管理學院) with an EMBA in 2007. Mr. Xia worked in the Hubei
+branch of The People's Insurance Company and joined BYD
+Battery in 1997 and held positions as an executive Director and
+Vice President of the Company. He is a non-executive director of
+the Company and chairman of Shenzhen Zhengxuan Investment
+(Holdings) Co.,Ltd. (深圳市正軒投資有限公司),Shenzhen
+Zhengxuan Qianhai Equity Investment Fund Management Co., Ltd.
+(深圳正軒前海股權投資基金管理有限公司) and Beijing Zhengxuan
+Investment Co., Ltd.(北京正軒投資有限責任公司), a director of
+Shenzhen UBTECH Robotics Co., Ltd. (深圳市優必選科技有限公司),
+a director of Shenzhen Uni-Fortune Supply Chain Service Co., Ltd.
+(深圳市聯合利豐供應鏈管理有限公司), a director of Chongqing One
+Space Technology Company Limited (重慶零壹空間科技集團有限
+公司),chairman of Annuo Youda Gene Technology (Beijing) Co.
+Ltd. (安諾優達基因科技(北京)有限公司),an independent director
+of China Yuhua Education Corporation Limited (中國宇華教育集團
+有限公司), executive (managing) director of Shenzhen Zhengxuan
+Makerspace Technology Limited (深圳市正軒創客空間科技有限公
+司),vice chairman of Shenzhen Lianxia Charity Foundation (深圳
+市蓮夏慈善基金會).
+李永釗
+Mr. Xia Zuo-quan, aged 59, Chinese national with no right
+of abode overseas, master's degree holder. Mr. Xia studied
+computer science in Beijing Institute of Iron and Steel Engineering
+呂向陽
+非執行���事
+so on.
+業協會),honorary chairman of Guangdong Association for the
+Promotion of Industrial Development (廣東省產業發展促進會) and
+chairman of Guangdong Manufacturers Association (
+Director of the Company and also the chairman of Youngy
+Investment_Holding Group Co.,Ltd. (融捷投資控股集團有限公司),
+chairman of Youngy Co., Ltd. (融捷股份有限公司),chairman of
+Youngy Health Technology Co., Ltd. (融捷健康科技股份有限公司),
+chairman of Onyx International Inc.(廣州文石信息科技有限公司),
+chairman of Nanjing Regenecore Biotechnology Co., Ltd. (A
+捷康生物科技有限公司), chairman of Youngy Education Technology
+Co., Ltd. (融捷教育科技有限公司), a director of Anhua Agricultural
+Insurance Company Limited (安華農業保險股份有限公司), honorary
+Xia Zuo-quan
+李永釗先生,61歲,中國國籍,無境外居留權,本
+科學歷,研究員級高級工程師。李先生於一九八二
+年八月畢業於西安工業學院機械製造工藝與設備專
+業,獲學士學位。李先生曾歷任中國兵器工業集團
+公司國營第六一五廠技術員、室主任、副處長、處
+長、副廠長等職務,並兼任中外合資寶雞星寶機電
+公司總經理,二零零二年五月起擔任中國兵器工業
+集團公司國營第八四三廠廠長,二零一零年十月起
+擔任西北工業集團有限公司副總經理,西安北方秦
+川集團有限公司執行董事;二零一九年擔任西北工
+業集團有限公司科技委委員,西安北方秦川集團有
+限公司執行董事、黨委書記;於二零二一年十月正
+式退休;彼於二零零八年六月起擔任本公司監事。
+44
+BYD Company Limited
+比亞迪股份有限公司
+廉玉波先生,58歲,中國國籍,無境外居留權,碩
+士研究生學歷,教授級高級工程師。廉先生於一九
+八七年七月畢業於南京航空航天大學,主修飛機製
+造工程,獲學士學位;並於二零零零年九月獲南京
+大學高級工商管理專業碩士學位。曾在中國汽車研
+究中心工作,歷任上汽集團儀徵汽車有限公司總工
+程師、上海同濟同捷汽車設計公司常務副總經理,
+廉先生於二零零四年二月加入本集團,現任本公司
+執行副總裁、汽車工程研究院院長、弗迪精工有限
+公司董事長、比亞迪豐田電動車科技有限公司董
+事、深圳騰勢新能源汽車有限公司董事、比亞迪慈
+善基金會理事。
+何龍
+何龍先生,50歲,中國國籍,無境外居留權,碩
+士研究生學歷。何先生於一九九九年畢業於北京大
+學,先後獲得應用化學理學學士學位、法學學士學
+位及無機化學碩士學位。何先生於一九九九年七月
+加入迪比亞實業,曾任第一事業部、第二事業部品
+質部經理,第二事業部副總經理,佛山市金輝高科
+光電材料有限公司副董事長,現任本公司副總裁、
+弗迪實業有限公司董事長,並擔任西藏日喀則紮布
+耶鋰業高科技有限公司董事、青海鹽湖比亞迪資源
+開發有限公司董事、中冶瑞木新能源科技有限公司
+董事及比亞迪慈善基金會理事。
+Annual Report 2021
+二零二一年年報
+47
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Liu Huan-ming
+Mr. Liu_Huan-ming,aged 59,Chinese national with no right of
+abode overseas, master's degree holder, and a senior engineer.
+Mr. Liu graduated from Northeastern Institute of Technology (
+北工學院) (currently known as Northeastern University (東北大學))
+in 1988 with a bachelor's degree and later a master's degree in
+Metallurgical physical chemistry. Mr. Liu worked for the Iron and
+Steel Institute of Panzhihua Iron and Steel Company in Sichuan (
+川攀枝花鋼鐵公司鋼鐵研究院) and Benxi Iron and Steel Company
+in Liaoning (遼寧本溪鋼鐵公司).He joined BYD Battery in March
+1997 and served as a general manager of Human Resources
+Office and Department of New Energy Vehicle Direct Sale
+Management. He is currently a Vice President of the Company,
+and a general manager of Division 3 of the Rail Department of the
+Company, and a director of BYD Charity Foundation.
+Luo Hong-bin
+Mr. Luo Hong-bin,aged 56,Chinese national with no right of
+abode overseas, master's degree holder and a professorate senior
+engineer. Mr. Luo graduated from Air Force Engineering University
+in 1990,with a master's degree in computer application.Mr.
+Luo joined the Group in October 2003. He served various posts
+including manager of the third Electronics Sub-division of Division
+15,director of the Institute of Electric vehicles, president of the
+Electric Power Research Institute, general manager of Division 14,
+and general manager of Division 17. He currently is a Senior Vice
+President of the Company, the chairman of Fudi Power Co., Ltd.
+(弗迪動力有限公司) and a director of BYD Charity Foundation.
+Wang Chuan-fang
+Mr. Wang Chuan-fang, aged 61, Chinese national with no right
+of abode overseas, is the elder brother of Mr. Wang Chuan-fu.
+Mr. Wang joined BYD Battery in August 1996 and held positions
+including Personnel Manager and Logistics Manager. He currently
+is a Vice President of the Company, general manager of Logistics
+Division, general manager of Division 22 and a director of
+Yinchuan Sky Rail Operation Co., Ltd. (銀川雲軌運營有限公司) and
+a director of BYD Charity Foundation.
+劉煥明
+劉煥明先生,59歲,中國國籍,無境外居留權,碩
+士研究生學歷,高級工程師。劉先生於一九八八年
+畢業於東北工學院(現為東北大學),主修冶金物理
+化學,先後取得學士學位和碩士學位。劉先生曾在
+四川攀枝花鋼鐵公司鋼鐵研究院、遼寧本溪鋼鐵公
+司任職,並於一九九七年三月加入比亞迪實業,曾
+任人力資源處總經理及新能源車直營管理事業部總
+經理,現任本公司副總裁、軌道業務第三事業部總
+經理及比亞迪慈善基金會理事等職。
+羅紅斌
+羅紅斌先生,56歲,中國國籍,無境外居留權,碩
+士研究生學歷,教授級高級工程師。羅先生於一九
+九零年畢業於空軍工程大學,主修計算機應用,獲
+碩士學位。羅先生於二零零三年十月加入本集團,
+歷任第十五事業部電子三部經理,電動汽車研究所
+所長,電力科學研究院院長,第十四事業部總經
+理,第十七事業部總經理等職務,現任本公司高級
+副總裁、弗迪動力有限公司董事長及比亞迪慈善基
+金會理事。
+王傳方
+王傑先生,55歲,中國國籍,無境外居留權,本
+科學歷。王先生於一九八八年畢業於西安冶金建築
+學院(現為西安建築科技大學),主修工業企業自動
+化,獲工學學士學位;曾在冶金部嘉興冶金機械廠
+等單位任職。王先生於一九九六年九月加入比亞迪
+實業,歷任銷售經理、銷售總監、營銷本部副總經
+理等職,現任本公司副總裁,商用車事業群首席執
+行官及比亞迪慈善基金會理事。
+何志奇
+何志奇先生,50歲,中國國籍,無境外居留權,碩
+士學歷。何先生於一九九八年畢業於中科院長春應
+用化學研究所,主修無機化學,獲碩士學位;二零
+一零年獲中歐工商管理學院工商管理碩士學位。何
+先生於一九九八年七月加入比亞迪實業,歷任公司
+中研部、品質部經理、第四事業部總經理、採購處
+總經理等職,現任本公司副總裁、乘用車事業群首
+席運營官。
+Mr. He Zhi-qi,aged 50,Chinese national with no right of abode
+overseas,master's degree holder. Mr. He graduated from
+Changchun Institute of Applied Chemistry Chinese Academy of
+Sciences(中科院長春應用化學研究所) in 1998,with a master's
+degree majoring in inorganic chemistry, and then graduated from
+China Europe International Business School (中歐工商管理學院)
+with an MBA in 2010. Mr. He joined BYD Battery in July 1998 and
+served various posts including central research manager, quality
+control manager, general manager of Division 4 and general
+manager of Purchasing Office of the Company. He currently is
+a Vice President of the Company and COO of Passenger Car
+Division of the Company.
+He Zhi-qi
+Mr. Wang Jie,aged 55, Chinese national with no right of abode
+overseas,bachelor's degree holder.Mr.Wang graduated from
+Xi'an Institute of Gold Mining and Construction (西安冶金建築學院)
+(now known as Xi'an University of Architecture and Technology (
+安建築科技大學)) in 1988 with a bachelor's degree in engineering,
+majoring in Industry Enterprises Automatisation; Mr. Wang once
+worked in Jiaxing Metallurgy Manufacture Factory of Metallurgy
+Department (冶金部嘉興冶金機械廠) and other institutions. Mr.
+Wang joined BYD Battery in September 1996, and he served
+various positions including sales manager, sales director and
+deputy general manager of the Company's Sales & Marketing
+Division. He currently is a Vice President of the Company and
+the CEO of Commercial Vehicles Division of the Company and a
+director of BYD Charity Foundation.
+廉玉波
+Wang Jie
+Ren Lin
+董事、監事及高級管理層
+Directors, Supervisors and Senior Management
+BYD Company Limited
+比亞迪股份有限公司
+48
+王傳方先生,61歲,中國國籍,無境外居留權,為
+王傳福先生之兄。王先生於一九九六年八月加入比
+亞迪實業,歷任人事部經理、後勤部經理;現任本
+公司副總裁、後勤處總經理、第二十二事業部總經
+理,並擔任銀川雲軌運營有限公司董事及比亞迪慈
+善基金會理事。
+Mr.Ren Lin,aged_55,Chinese national with no right of abode
+overseas,bachelor's degree holder, and a senior engineer.Mr.
+Ren graduated from Beijing Institute of Technology in 1989, with a
+bachelor's degree majoring in mechanical design, manufacturing
+and automation. He went to Japan, Tsinghua University (★
+學) and Beijing Institute of Technology (北京理工大學) for multiple
+times for further study during his terms of office. Mr. Ren once
+worked in Shaanxi Qinchuan Motor Co., Ltd. (陝西秦川汽車有限責
+任公司). He joined the Group in January 2003 and held positions
+including as executive Vice President of Automotive Engineering
+Institute (汽車工程院).He currently is a Vice President of the
+Company, general manager of Division 21 and a director of BYD
+Charity Foundation.
+Annual Report 2021
+二零二一年年報
+Mr. He Long,aged 50,Chinese national with no right of abode
+overseas, master's degree holder. Mr. He graduated from Peking
+University in 1999 and obtained a bachelor's degree of science
+in applied chemistry, an LLB and a master's degree in inorganic
+chemistry.Mr. He joined BYD Battery in July 1999 and held
+positions as quality control manager of Division 1 and Division
+2,deputy general manager of Division 2 and vice-chairman of
+Foshan Jinhui Hi-Tech Optoelectronic Material Co., Ltd. (佛山市金
+輝高科光電材料有限公司). He is a Vice President of the Company,
+chairman of Findreams Industry Co., Ltd. (弗迪實業有限公司),a
+director of Tibet Shigatse Zhabuye Lithium High-Tech Co., Ltd.
+(西藏日喀則紮布耶鋰業高科技有限公司), a director of Qinghai Salt
+Lake BYD Resources Development Co.,Ltd. (青海鹽湖比亞迪資
+源開發有限公司), a director of China Metallurgical New Energy
+Technology Co., Ltd (中冶瑞木新能源科技有限公司) and a director
+of BYD Charity Foundation.
+with a bachelor's degree majoring in aircraft manufacturing
+engineering. In September 2000, he obtained an EMBA degree
+from Nanjing University. Worked in China Automotive Research
+Center (中國汽車研究中心),and served as the chief engineer
+of SAIC Motor Yizheng Automobile Co., Ltd. (上汽集團儀徵汽車
+有限公司),and executive deputy general manager of Shanghai
+Tongji Tongjie Automotive Design Company (上海同濟同捷汽車
+設計公司),Mr. Lian joined the Group in February 2004 and is
+an Executive Vice President of the Company, president of the
+Automotive Engineering Research Institute and chairman of Fudi
+Jinggong Co.,Ltd. (弗迪精工有限公司), a director of BYD TOYOTA
+EV Technology Co.,Ltd.(比亞迪豐田電動車科技有限公司) and
+Shenzhen DENZA New Energy Automotive Co., Ltd. (深圳騰勢新能
+源汽車有限公司) and a director of BYD Charity Foundation.
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Huang Jiang-feng
+Mr. Huang Jiang-feng, aged 42, Chinese national with no right of
+abode overseas, bachelor's degree holder. Mr. Huang graduated
+from Zhongnan University of Economics and Law (中南財經政法大
+學) in 2003 with a bachelor's degree in administration. Mr. Huang
+held positions in Sinopec Chenzhou Petroleum Branch in Hunan
+(中國石化湖南郴州石油分公司),Dongguan Hsu Fu Chi Foods
+Co.,Ltd.(東莞徐福記食品有限公司) and Guangzhou Office (廣州
+營業部) of Guosen Securities. He has been working in Youngy
+Investment Holding Group Co.,Ltd. (融捷投資控股集團有限公司)
+since August 2008, and has been a supervisor of the Company
+since September 2014 and now serves as a director and Vice
+President of Youngy Investment Holding Group Co., Ltd. (RA
+控股集團有限公司), general manager of Shenzhen Qianhai Youngy
+Financial Services Company Limited (深圳前海融捷金融服務有限公
+), a supervisor of Shenzhen Qianhai Youngy High Technology
+Investment Company Limited (深圳前海融捷高新技術投資有限公
+), manager of Guangdong Youngy Financing Service Company
+Limited(廣東融捷融資租賃有限公司),director and manager of
+Guangdong Youngy Financing Renting Company Limited (
+融捷融資租賃有限公司),manager of Guangdong Youngy Supply
+Chain Management Co.,Ltd. (廣東融捷供應鏈管理有限公司),
+director of Anhui Youngy Investment Co., Ltd (安徽融捷投資有限公
+司),director of Shenzhen Youngy Asset Management Co., Ltd (深
+圳融捷資產管理有限公司), chairman of the supervisory committee
+of Youngy Co., Ltd (融捷股份有限公司) director of Guangzhou
+Youngy Equity Investment Co.,Ltd (廣州融捷股權投資有限公司),
+director of Manqian Network Technology Limited (
+團有限公司), manager and executive director of Kangding Tianjie
+Construction Material Co., Ltd (康定市天捷建材有限公司), chairman
+of Chengdu Youngy Lithium Technology Co., Ltd(成都融捷鋰業科
+技有限公司),director of Hefei Youngy Metal Technology Co., Ltd
+(合肥融捷金屬科技有限公司) and supervisor of Guangzhou Classic
+Decoration Design Engineering Co., Ltd(廣州經典裝飾設計工程有限
+公司).
+黃江鋒
+黃江鋒先生,42歲,中國國籍,無境外居留權,
+本科學歷。黃先生於二零零三年畢業於中南財經政
+法大學,獲行政管理專業學士學位。黃先生曾任職
+於中國石化湖南郴州石油分公司、東莞徐福記食品
+有限公司、國信證券廣州營業部,二零零八年八月
+至今在融捷投資控股集團有限公司工作,彼於二零
+一四年九月起擔任���公司監事,現同時擔任融捷投
+資控股集團有限公司董事、副總裁、深圳前海融捷
+金融服務有限公司總經理、深圳前海融捷高新技術
+投資有限公司監事、廣東融捷融資服務有限公司經
+理、廣東融捷融資租賃有限公司董事兼經理、廣東
+融捷供應鏈管理有限公司經理、安徽融捷投資有限
+公司董事、深圳融捷資產管理有限公司董事、融捷
+股份有限公司監事長、廣州融捷股權投資有限公司
+董事、慢錢科技控股集團有限公司董事、康定市天
+捷建材有限公司經理兼執行董事、成都融捷鋰業科
+技有限公司董事長、合肥融捷金屬科技有限公司董
+事及廣州經典裝飾設計工程有限公司監事。
+Annual Report 2021
+二零二一年年報
+45
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Wang Zhen
+Ms. Wang Zhen,aged 46,Chinese national with no right of
+abode overseas, bachelor's degree holder. Ms. Wang graduated
+from Guangdong University of Foreign Studies (廣東外語外
+貿大學) (formerly known as “Guangzhou Institute of Foreign
+Languages”(廣州外國語學院)) in the PRC in 1998,majoring in
+Spanish and obtained a bachelor's degree. Ms. Wang joined BYD
+Battery in 1998 and served as a manager in overseas Ministry
+of Commerce, Vice President of Administrative Personnel of
+Shenzhen DENZA New Energy Automotive Co., Ltd. (深圳騰勢新
+能源汽車有限公司) (formerly known as “Shenzhen BYD Daimler
+New Technology Co.,Ltd.” (深圳比亞迪戴姆勒新技術有限公司)),
+officer of the President's office, director of the rail transit industry
+office, Secretary-General of BYD Charity Foundation and general
+manager of BYD Company (Pingshan District). She is a Supervisor
+and the general manager of Human Resources Office of the
+Company, a supervisor of Shantou City Sky Rail Transportation
+Co., Ltd. (汕頭市雲軌交通有限公司), a supervisor of Jining City Sky
+Rail Transportation Co.,Ltd.(濟寧市雲軌交通有限公司) and the
+chairman of BYD Charity Foundation.
+Tang Mei (appointed with effect from 25 March 2021)
+Ms. Tang Mei, aged 39, is a Chinese national with no right of
+abode overseas and a bachelor's degree holder. Ms. Tang
+graduated from Central South University (中南大學) in June 2005,
+with a bachelor's degree in English. Ms. Tang joined the Group in
+2005 and held positions as secretary of the President, a manager
+in Cultural Propaganda Department of the Group, a manager in
+reception center of the Group, executive officer of BYD Charity
+Foundation, currently the supervisor and deputy head of the Chief
+Executive Office.
+王珍
+王珍女士,46歲,中國國籍,無境外居留權,本科
+學歷。王女士一九九八年畢業於廣東外語外貿大學
+(原名為廣州外國語學院),主修西班牙語,獲學士
+學位。王女士於一九九八年加入比亞迪實業,歷任
+海外商務部經理、深圳騰勢新能源汽車有限公司(前
+稱「深圳比亞迪戴姆勒新技術有限公司」)行政人事
+副總裁、總裁辦公室主任、軌道交通產業辦公室主
+任、比亞迪慈善基金會秘書長、比亞迪坪山地區總
+經理,現任本公司監事及人力資源處總經理,並擔
+任汕頭市雲軌交通有限公司監事、濟寧市雲軌交通
+有限公司監事及比亞迪慈善基金會理事長。
+Mr. Lian Yu-bo,aged 58, Chinese national with no right of
+abode overseas, master's degree holder, and a professorate
+senior engineer. Mr. Lian graduated from Nanjing University of
+Aeronautics and Astronautics (南京航空航天大學) in July 1987,
+Lian Yu-bo
+董事、監事及高級管理層
+Directors, Supervisors and Senior Management
+BYD Company Limited
+比亞迪股份有限公司
+46
+He Long
+李柯女士,52歲,中國國籍,擁有美國居留權,
+本科學歷。李女士於一九九二年畢業於復旦大學,
+獲統計學學士學位。李女士曾任職於亞洲資源,並
+於一九九六年九月加入比亞迪實業,歷任市場部經
+理、銷售總經理、比亞迪電子國際有限公司執行董
+事及行政總裁等職,現任本公司執行副總裁及比亞
+迪慈善基金會副理事長。
+高級管理層
+is an Executive Vice President of the Company and vice chairman
+of BYD Charity Foundation.
+Ms. Li Ke,aged 52, Chinese national with the right of abode
+in the US,bachelor's degree holder.Ms. Li graduated from
+Fudan University in 1992 with a bachelor's degree in statistics.
+Ms. Li worked at Asia Resources (亞洲資源) and joined BYD
+Battery in September 1996. She served various positions
+including Marketing Manager and General Sales Manager,
+executive director and chief executive officer of BYD Electronic
+(International) Company Limited (比亞迪電子(國際)有限公司) and
+Li Ke
+SENIOR MANAGEMENT
+唐梅(自二零二一年三月二十五日獲委任)
+唐梅女士,39歲,中國國籍,無境外居留權,本科
+學歷。唐女士二零零五年六月畢業於中南大學,主
+修英語,獲學士學位。唐女士於二零零五年加入本
+集團,歷任總裁秘書、本集團文化宣傳部經理、本
+集團接待中心經理、比亞迪慈善基金會執行長,現
+任本公司監事及總裁辦公室副主任。
+李柯
+任林
+任林先生,55歲,中國國籍,無境外居留權,本科
+學歷,高級工程師。任先生於一九八九年畢業於北
+京理工大學,主修機械設計製造及其自動化,獲學
+士學位;工作期間曾多次於日本、清華大學、北京
+理工大學進修。任先生曾在陝西秦川汽車有限責任
+公司任職。任先生於二零零三年一月加入本集團,
+歷任汽車工程院常務副院長等職,現任本公司副總
+裁、第二十一事業部總經理及比亞迪慈善基金會理
+事。
+獨立非執行董事
+Wang Chuan-fu
+王傳福
+Chairman, Executive Director and President
+董事長、執行董事、總裁
+從公司獲得的
+Status of employment
+報酬總額
+任職狀態
+Incumbent
+(單位:人民幣千元)
+5,798
+現任
+Lv Xiang-yang
+Vice-chairman and non-executive Director
+Incumbent
+200
+呂向陽
+Xia Zuo-quan
+獨立非執行董事
+蔡洪平
+200
+Incumbent
+Independent non-executive Director
+Cai Hong-ping
+於本公司擔任的職務
+現任
+夏佐全
+200
+Incumbent
+現任
+Non-executive Director
+副董事長、非執行董事
+非執行董事
+現任
+Position held within the Company
+Name
+49
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Yang Dong-sheng (Since 29 March 2021)
+Mr. Yang Dong-sheng, aged 43, Chinese national with no right of
+abode overseas, master's degree holder, and a senior engineer.
+Mr. Yang graduated from Northeastern University (東北大學) in
+March 2005 with master's degree. Mr. Yang joined the Group
+in 2005 and has held positions including senior engineer in
+Automotive Engineering Research Institute, vice manager in the
+Chassis Division of the Automotive Engineering Research Institute,
+senior business secretary of the President, general manager of
+the Product and Technical Planning Division. He is presently the
+Vice President of the Company and the dean of Product Planning
+and New Automotive Technology Research Institute.
+Zhou Ya-lin
+Ms. Zhou Ya-lin, aged 45, Chinese national with no right of abode
+overseas,bachelor's degree holder.Ms. Zhou graduated from
+Jiangxi University of Finance and Economics (江西財經大學)in
+1999,with a bachelor's degree in economics.Ms. Zhou joined
+BYD Battery in March 1999 and is the Vice President and Chief
+Financial Officer of the Company. She is also the chief financial
+officer of BYD Electronic (International) Company Limited (E
+亞迪電子(國際)有限公司) (Stock Code: 0285), a director of BYD
+Semiconductor Co., Ltd, chairman of BYD Auto Finance Company
+Limited(比亞迪汽車金融有限公司),a supervisor of BYD TOYOTA
+EV Technology Co.,Ltd. (比亞迪豐田電動車科技有限公司) and a
+supervisor of BYD Charity Foundation, etc.
+楊冬生(自二零二一年三月二十九日獲委任)
+楊冬生先生,43歲,中國國籍,無境外居留權,
+碩士學歷,正高級工程師。楊先生二零零五年三月
+畢業於東北大學,獲碩士學位。楊先生於二零零五
+年加入本集團,歷任公司汽車工程研究院高級工程
+師、汽車工程研究院底盤部副經理、總裁高級業務
+秘書、產品及技術規劃處總經理等職,現任比亞迪
+集團副總裁兼產品規劃及汽車新技術研究院院長。
+周亞琳
+周亞琳女士,45歲,中國國籍,無境外居留權,
+本科學歷。周女士於一九九九年畢業於江西財經大
+學,獲經濟學學士學位。周女士於一九九九年三月
+加入比亞迪實業,現任本公司副總裁兼財務總監,
+並擔任比亞迪電子(國際)有限公司(股份代號:
+0285)財務總監、比亞迪半導體股份有限公司董
+事、比亞迪汽車金融有限公司董事長、比亞迪豐田
+電動車科技有限公司監事及比亞迪慈善基金會監事
+等職。
+BYD Company Limited
+50
+比亞迪股份有限公司
+Directors, Supervisors and Senior Management
+董事、監事及高級管理層
+Li Qian
+Mr. Li Qian,aged 49, Chinese national with no right of abode
+overseas,master's degree holder. Mr. Li graduated from Jiangxi
+University of Finance and Economics (江西財經大學) in 1997,with
+a bachelor's degree in economics. He graduated from Guanghua
+School of Management of the Peking University (北京大學光華管
+理學院) with an EMBA in July 2016. Mr. Li was the auditor and
+business adviser of PwC China and Arthur Andersen, respectively,
+and the representative of securities affairs of ZTE Corporation
+(中興通訊股份有限公司).Mr. Li joined the Group in August 2005
+and is the secretary to the Board of the Company, Company
+Secretary and general manager of Investment Department. He is
+also a member of the first GEM Listing Committee of Shenzhen
+Stock Exchange, a joint company secretary of BYD Electronic
+(International) Company Limited (比亞迪電子(國際)有限公司),
+a director of BYD Semiconductor Co., Ltd, a director of Tibet
+Shigatse Zhabuye Lithium High-Tech Co., Ltd.(西藏日喀則紮布
+耶鋰業高科技有限公司),chairman of Shenzhen BYD Electric Car
+Investment Co., Ltd. (深圳比亞迪電動汽車投資有限公司),chairman
+of Energy Storage Power Station (Hubei) Co., Ltd. (儲能電站(湖北)
+有限公司), a director of Meihao Chuxing (Hangzhou) Automotive
+Technology Co., Ltd. (美好出行(杭州)汽車科技有限公司), a director
+of SHENDIANNENG TECHNOLOGY GROUP CO. LTD (深電能科
+技集團有限公司), and a director of Shenzhen Faurecia Automotive
+Parts Co., Ltd. (深圳佛吉亞汽車部件有限公司).
+(Unit: RMB’000)
+the Company
+received from
+Total remuneration
+報告期內董事、監事和高級管理人員報酬
+REPORTING PERIOD
+姓名
+MANAGEMENT'S REMUNERATION DURING THE
+51
+董事、監事及高級管理層
+Directors, Supervisors and Senior Management
+Annual Report 2021
+二零二一年年報
+李黔先生,49歲,中國國籍,無境外居留權,碩士
+研究生學歷。李先生於一九九七年畢業於江西財經
+大學,獲經濟學學士學位,二零一六年七月獲北京
+大學光華管理學院高級工商管理碩士學位。李先生
+曾於普華永道會計師事務所、安達信會計師事務所
+分別擔任核數師及業務顧問,並於中興通訊股份有
+限公司擔任證券事務代表;李先生於二零零五年八
+月加入本集團,現任本公司董事會秘書、公司秘書
+及投資處總經理,並擔任深圳證券交易所第一屆創
+業板上市委員會委員、比亞迪電子(國際)有限公
+司之聯席公司秘書、比亞迪半導體股份有限公司董
+事、西藏日喀則紮布耶鋰業高科技有限公司董事、
+深圳比亞迪電動汽車投資有限公司董事長、儲能電
+站(湖北)有限公司董事長、美好出行(杭州)汽車科
+技有限公司董事、深電能科技集團有限公司董事及
+深圳佛吉亞汽車部件有限公司董事。
+李黔
+DIRECTORS', SUPERVISORS' AND SENIOR
+Zhang Min
+100
+4
+58
+BYD Company Limited
+提名委員會;及
+薪酬委員會;
+審核委員會;
+為進一步實施良好企業管治,董事會已成立數個委
+員會,包括:
+Independent non-executive Director
+現及寶貴建議供董事會作出決定。該等委員會的詳
+情載列如下。
+各委員會定期向董事會作出報告,以表達各重大發
+戰略委員會。
+decision making of the Board. The particulars of these Committees
+are set out hereunder.
+Each Committee reports regularly to the Board, addressing
+major issues and findings with valuable recommendations for the
+the Strategy Committee.
+the Nomination Committee; and
+the Remuneration Committee;
+the Audit Committee;
+up a number of committees, including:
+Cai Hong-ping
+蔡洪平
+15/15
+1/1
+Zhang Min
+張敏
+比亞迪股份有限公司
+15/15
+Jiang Yan-bo
+蔣岩波
+15/15
+1/1
+12 12 12-
+In furtherance of good corporate governance, the Board has set
+0/1
+Corporate Governance Report
+企業管治報告
+AUDIT COMMITTEE
+Committee
+Meetings
+Attended
+Attendance
+出席委員會
+Rate
+Number of
+會議次數
+4
+100
+4
+100
+4
+100
+出席率
+Independent non-executive director
+蔣岩波
+張敏(主席)
+One of the primary duties of the Audit Committee is to review the
+financial reporting process and the risk management and internal
+control systems of the Group. As at 31 December 2021,Audit
+Committee consists of three independent non-executive directors,
+namely Mr. Cai Hong-ping, Mr. Zhang Min and Mr. Jiang Yan-bo,
+and a non-executive director, Mr. Lv Xiang-yang, with Mr. Zhang
+Min as the chairman. Meetings were convened by the Company's
+Audit Committee and the Company's auditors to review the
+accounting policies and practices adopted by the Group and to
+discuss auditing, internal control, risk management and financial
+reporting matters before recommending them to the Board for
+approval.
+The terms of reference of the Audit Committee follow the
+guidelines set by the Hong Kong Institute of Certified Public
+Accountants, the Listing Rules and the provisions of the Code.
+The Audit Committee held four meetings in 2021 to review the
+internal and external audit findings, the accounting principles
+and practices adopted by the Group, Listing Rules and
+statutory compliance, deliberate its relationship, remuneration
+and appointment terms and independence with the external
+auditor with reference to its work performance and to make
+recommendations to the Board of Directors regarding the
+reappointment of the external auditor, as well as to discuss
+auditing, internal controls, risk management and financial
+reporting matters (including auditing the financial statements
+for the year ended 31 December 2020, the three months ended
+31 March 2021, the six months ended 30 June 2021 and the
+nine months ended 30 September 2021), before recommending
+them to the Board for approval, and performed its other duties
+under the Code. The individual attendance of its members of the
+meetings is set out as follows:
+審核委員會
+審核委員會的主要職責之一是審閱本集團的財務報
+告程式以及風險管理及內部控制制度。於二零二一
+年十二月三十一日,審核委員會包括三名獨立非執
+行董事,即蔡洪平先生、張敏先生及蔣岩波先生,
+以及一名非執行董事呂向陽先生,而張敏先生出任
+主席。本公司的審核委員會與本公司的核數師舉行
+會議,以檢討本集團所採納的會計政策及常規,及
+討論審核、內部監控、風險管理及財務報告事項,
+以向董事會推薦批准。
+審核委員會的職權範圍已遵照香港會計師公會所制
+定的指引、上市規則及守則的規定。
+蔡洪平
+於二零二一年,審核委員會舉行四次會議,以審閱
+內部及外部審核的發現、本集團所採納的會計準則
+及常規、遵照上市規則及法律、參照外部核數師所
+履行的工作後,審議與外部核數師的關係、其酬金
+及聘任條款及獨立性,並就建議重新委任外部核數
+師向董事會提出建議,以及討論審核、內部監控、
+風險管理及財務報告事項(包括審核截至二零二零年
+十二月三十一日止年度、截至二零二一年三月三十
+一日止三個月、截至二零二一年六月三十日止六個
+月及截至二零二一年九月三十日止九個月的財務報
+表),以向董事會推薦批准,及履行守則下的其他的
+職責。其成員的出席率載列如下:
+Lv Xiang-yang
+Zhang Min (chairman)
+Cai Hong-ping
+Jiang Yan-bo
+審核委員會成員
+呂向陽
+Member of the Audit Committee
+0/2
+Incumbent
+0/1
+5,281
+Incumbent
+(單位:人民幣千元)
+任職狀態
+報酬總額
+Status of employment
+(Unit: RMB'000)
+從公司獲得的
+the Company
+received from
+Total remuneration
+報告期內董事、監事和高級管理人員報酬
+(續)
+於本公司擔任的職務
+Position held within the Company
+Name
+現任
+REPORTING PERIOD (CONTINUED)
+DIRECTORS', SUPERVISORS' AND SENIOR
+董事、監事及高級管理層
+Directors, Supervisors and Senior Management
+比亞迪股份有限公司
+52
+BYD Company Limited
+現任
+4,668
+5,473
+7,541
+Incumbent
+現任
+Incumbent
+現任
+MANAGEMENT'S REMUNERATION DURING THE
+Incumbent
+現任
+副總裁
+Chief Financial Officer
+Total
+李黔
+Li Qian
+副總裁
+周亞琳
+Vice President
+Zhou Ya-lin
+副總裁
+王傑
+Vice President
+Wang Jie
+副總裁
+何志奇
+He Zhi-qi
+副總裁
+任林
+Vice President
+Vice President
+Incumbent
+現任
+Incumbent
+姓名
+Incumbent
+Luo Hong-bin
+羅紅斌
+副總裁
+Wang Chuan-fang
+Vice President
+王傳方
+Ren Lin
+Vice President
+財務總監
+Vice President
+Vice President
+100
+Incumbent
+Supervisor
+Wang Zhen
+黃江鋒
+Huang Jiang-feng
+現任
+監事
+李永釗
+100
+Incumbent
+Supervisor
+Li Yong-zhao
+現任
+監事
+100
+Supervisor and chairman of the supervisory committee
+監事、監事會主席
+董俊卿
+Dong Jun-qing
+現任
+獨立非執行董事
+蔣岩波
+200
+Incumbent
+Independent non-executive Director
+Jiang Yan-bo
+現任
+獨立非執行董事
+張敏
+200
+Incumbent
+現任
+Supervisor
+Incumbent
+Vice President
+現任
+7,962
+4,449
+913
+Incumbent (effective from 25 March 2021)
+現任(自二零二一年三月二十五日起任職)
+Incumbent (effective from 29 March 2021)
+現任(自二零二一年三月二十九日起任職)
+Resigned (effective from 25 March 2021)
+離任(自二零二一年三月二十五日起離任)
+Incumbent
+Vice President
+副總裁
+劉煥明
+Liu Huan-ming
+何龍
+He Long
+副總裁
+廉玉波
+Lian Yu-bo
+副總裁
+李柯
+3,174
+王珍
+監事
+現任
+Tang Mei
+唐梅
+副總裁
+Supervisor
+監事
+Vice President
+楊冬生
+副總裁
+Supervisor
+監事
+Li Ke
+Yang Dong-sheng
+Annual Report 2021
+二零二一年年報
+Secretary to the Board, Company Secretary
+5,226
+57
+Annual Report 2021
+二零二一年年報
+✓
+蔣岩波
+Jiang Yan-bo
+張敏
+蔡洪平
+獨立非執行董事
+夏佐全
+Zhang Min
+Cai Hong-ping
+Independent Non-executive Director
+Xia Zuo-quan
+呂向陽
+Corporate Governance Report
+✓
+閱讀材料
+簡介會
+materials
+Reading
+參與培訓/
+participated
+seminars
+Training/
+非執行董事
+王傳福
+執行董事
+董事姓名
+Lv Xiang-yang
+Non-executive Director
+√
+企業管治報告
+BOARD MEETINGS
+To ensure the highest attendance of Directors, written notices
+are sent to all Directors 14 days before a regular board meeting;
+written notices are sent to all Directors 2 days before a provisional
+15/15
+夏佐全
+Xia Zuo-quan
+0/2
+0/1
+15/15
+呂向陽
+Lv Xiang-yang
+非執行董事
+Non-executive Director
+2/2
+1/1
+15/15
+王傳福
+Wang Chuan-fu
+執行董事
+Executive Director
+board meeting. The meeting agenda is set in consultation with
+members of the Board. The Board held 15 meetings in 2021. The
+attendance of individual Director at the Board meetings as well as
+general meetings in 2021 is set out below:
+董事會會議
+為了保證最高的董���出席率,定期董事會會議於十
+四天前以書面通知各董事;臨時董事會會議於兩天
+前以書面通知各董事。會議議程於諮詢董事會成員
+後制定。於二零二一年共舉行十五次董事會會議。
+董事於二零二一年董事會會議及股東大會的個人出
+席率載列如下:
+Annual Extraordinary
+Board
+General
+Wang Chuan-fu
+General
+Meeting
+Members of the Board
+董事會成員
+董事會會議
+股東週年大會
+Meetings
+股東特別大會
+Meetings
+董事會秘書、公司秘書
+Executive Director
+本公司董事就任時,本公司提供相關就任須知材
+料,以幫助董事完全理解本公司經營、業務及管
+治政策以及上市規則等相關法律法規規定的董事
+職責,並提供有助董事瞭解本公司業務及經營情況
+的資料;為確保獨立非執行董事充分履行職責,本
+公司亦會組織獨立非執行董事進行實地考察,並與
+管理層進行充分溝通。根據企業管治要求,董事參
+與持續專業發展計劃,以發展及更新彼等知識及技
+能,以下列載每位董事培訓詳情:
+報告期內,除偏離如上述所釋的守則條文第A.2.1條
+及A.6.7條外,董事認為,本公司已遵守所有適用守
+則條文。
+守則條文第A.6.7條規定,獨立非執行董事及非執行
+董事應出席股東大會。鑒於部分獨立非執行董事及
+非執行董事在相關時間因疫情原因出行不便或有重
+要公務,故並非均出席於二零二一年六月八日舉行
+的股東周年大會及於二零二一年六月十六日、二零
+二一年十一月三十日舉行的股東特別大會。
+守則條文第A.2.1條規定,主席及行政總裁的角色
+應有區分,並不應由同一人同時兼任。王傳福先生
+為本公司的主席兼行政總裁。董事會認為此架構不
+會影響董事會與管理層兩者之間的權利和職權的平
+衡。本公司董事會由極具經驗和才幹的成員組成,
+並定期開會,以商討影響本集團運作的事項。透過
+董事會的運作,足以確保權利和職權得到平衡。董
+事會相信此架構有助於建立穩健而一致的領導權,
+使本集團能夠迅速及有效地作出及實施各項決定。
+董事會對王先生充滿信心,相信委任他出任主席兼
+行政總裁之職,會有利於本公司的業務發展。
+本公司已實施企業管治常規,以遵照聯交所證券上
+市規則(「上市規則」)附錄14所載企業管治守則(「守
+則」)的所有條文及大部分建議最佳應用守則,唯偏
+離守則條文第A.2.1條及A.6.7條者除外。
+董事會相信,良好的企業管治是提高現有及未來股
+東、投資者、僱員、業務夥伴及整體社會信心的關
+鍵因素。在這方面,我們一直致力推廣及貫徹執行
+企業管治的最高標準。
+Save as disclosed above, there is no other information required to
+be disclosed pursuant to Rule 13.51B (1) of the Listing Rules.
+During the reporting period, except for the deviation from code
+provisions A.2.1 and A.6.7 as explained above, the Directors are
+of the opinion that the Company had complied with all applicable
+provisions of the Code.
+directors and non-executive directors should attend general
+meetings. Given some independent non-executive directors and
+non-executive directors were unable to travel and had other
+important business engagement as a result of COVID-19 outbreak
+during relevant periods, not all of them attended the annual
+general meeting held on 8 June 2021 and extraordinary general
+meetings held on 16 June 2021 and 30 November 2021.
+Code provision A.6.7 stipulates that independent non-executive
+Code provision A.2.1 provides that the roles of chairman and chief
+executive officer should be separate and should not be performed
+by the same individual. Mr. Wang Chuan-fu is the Chairman and
+Chief Executive Officer of the Company. The Board considers that
+this structure will not impair the balance of power and authority
+between the Board and the management of the Company. The
+balance of power and authority is ensured by the operations of the
+Board, which comprises experienced and high caliber individuals
+and meets regularly to discuss issues affecting operations of the
+Group. The Board believes that this structure is conducive to
+strong and consistent leadership, enabling the Group to make and
+implement decisions promptly and efficiently. The Board has full
+confidence in Mr. Wang and believes that this appointment to the
+posts of Chairman and Chief Executive Officer is beneficial to the
+business prospects of the Company.
+The Company has put in place corporate governance practices
+to comply with all the provisions and most of the recommended
+best practices of the Corporate Governance Code (the "Code")
+as set out in Appendix 14 of the Rules Governing the Listing of
+Securities on the Stock Exchange (the “Listing Rules") except for
+the deviation from the code provisions A.2.1 and A.6.7.
+The Board believes that good corporate governance is an
+essential element in enhancing the confidence of current and
+potential shareholders, investors, employees, business partners
+and the community as a whole. To this end, we strive to promote
+and uphold the highest standard of corporate governance.
+Corporate Governance Report
+企業管治報告
+53
+除上文所披露者,概無其他資料須根據上市規則第
+13.51B(1)條予以披露。
+Annual Report 2021
+二零二一年年報
+現任
+2,915
+Incumbent
+現任
+Incumbent
+現任(自二零二一年三月二十九日起任職)
+4,859
+Incumbent (effective from 29 March 2021)
+現任
+3,312
+Incumbent
+現任
+5,022
+5,194
+73,087
+BYD Company Limited
+54
+比亞迪股份有限公司
+董事持續專業發展
+Newly appointed Directors of the Company will be provided with
+relevant induction materials to assist them to fully understand
+the Company's operations, business and governance policies
+and their responsibilities and duties as a director under the
+requirements of the relevant laws and regulations, such as
+the Listing Rules. They will also be provided with materials
+to help them to gain insights in the Company's business and
+operation. In order to ensure adequate performance of duties
+by the independent non-executive directors, the Company will
+also arrange on-site visits and sufficient communication with
+the management for the independent non-executive directors.
+Pursuant to the corporate governance requirements, the Directors
+participated in continuous professional development programme
+to develop and update their knowledge and skills. The particulars
+of the trainings of each Director are as follows:
+CONTINUOUS PROFESSIONAL DEVELOPMENT OF
+DIRECTORS
+企業管治報告
+Corporate Governance Report
+比亞迪股份有限公司
+56
+BYD Company Limited
+董事決定各項公司策略、批准整體業務計劃及代表
+股東監督本集團的財務表現、管理層及組織。董事
+會委任本集團管理層的特別任務,包括編製年度及
+中期報告供董事會批准以向公眾發表;實施董事會
+批准的各項策略;實施內部監控程式,以及確保遵
+照有關法律規定及其他法規及規則。
+董事會於本年度舉行十五次會議,以討論本集團的
+整體策略、營運、財務表現及檢討對守則的遵守情
+況。董事會還確保及時獲提供所有必要的資料,以
+便可履行其職務。董事會所有會議按呈交予董事會
+審議的正式議事程式進行。於董事會會議上討論的
+事項包括(其中包括):季度、中期及年度業績;董
+事、監事換屆選舉及董事、監事薪酬建議;核數師
+的推薦建議;批准重大資本項目;股息政策;以及
+其他重要經營及財務事項。
+The Directors decide on corporate strategies, approve overall
+business plans and supervise the Group's financial performance,
+management and organization on behalf of the shareholders.
+Specific tasks that the Board delegates to the Group's
+management included the preparation of annual and interim
+accounts for the Board's approval before public reporting;
+implementation of strategies approved by the Board; the
+implementation of internal control procedures; and the ensuring
+of compliance with relevant statutory requirements and other
+regulations and rules.
+The Board met fifteen times this year to discuss the Group's
+overall strategy, operation, financial performance and review the
+status of regulatory compliance. The Board also ensures that it
+is supplied in a timely manner with all necessary information in
+a form and of a quality appropriate to enable it to discharge its
+duties. All Board meetings adhere to a formal agenda in which
+a schedule of matter is specifically addressed to the Board for
+its decision. Topics discussed at these Board meetings include,
+among others, quarterly, interim and annual results; (re) election
+of (existing) new Directors and supervisors, recommendations on
+the remuneration of Directors and supervisors, recommendations
+of auditors, approval of major capital project; dividend policies;
+and other significant operational and financial matters.
+Corporate Governance Report
+企業管治報告
+55
+Annual Report 2021
+二零二一年年報
+本公司已就其董事及高級管理人員可能面對的法律
+訴訟安排適當的投保,並將每年檢討該等保險。
+本公司已收到獨立非執行董事根據上市規則規定有
+關其獨立性的年度確認函。本公司認為,所有獨立
+非執行董事均為獨立。於本年報日期,全體獨立非
+執行董事的服務年限均短於9年。倘董事會希望自股
+東中進一步委任任何已服務9年以上的獨立非執行董
+事,根據上市規則附錄14守則條文第A.4.3條,應向
+董事提出單獨決議,且雖然彼等的服務年限長,但
+仍應於提交至股東的相關文件中包含證明彼等獨立
+性的依據。
+Corporate Governance Report
+企業管治報告
+BOARD OF DIRECTORS
+Accountable to the Shareholders, the Board of Directors is
+collectively responsible for formulating the strategic business
+direction of the Group and setting objectives for management,
+overseeing its performance and assessing the effectiveness
+of management strategies. The Board is also responsible for,
+and has during the Year performed the corporate governance
+duties set out in code provision D.3.1 of the Code (including the
+determining of the corporate governance policy of the Company).
+DIRECTORS
+As of the date of this report, the Board comprises six Directors.
+There is one executive Director who is the President, two non-
+executive Directors and three independent non-executive
+directors. Detailed biographies outlining each individual Director's
+range of specialist experience and suitability of the successful
+long-term running of the Group are set out on pages 39 to 42 of
+this annual report.
+Name of Director
+The Group believes that its executive and non-executive directors
+composition is well balanced with each Director having sound
+knowledge, experience and/or expertise relevant to the business
+operations and development of the Group. All Directors are
+aware of their collective and individual responsibilities to the
+Shareholders and have exercised their duties with care, skill and
+diligence, contributing to the successful performance of the Group
+for the Year under review.
+董事會對股東負責,並共同負責制定本集團的策略
+業務方針及為管理層制定目標、監督其表現及評估
+管理層各項策略的效率。董事會亦負責並已於年內
+履行守則項下第D.3.1條所載企業管治職責(包括確
+定本公司企業管治政策)。
+董事
+於本報告刊發日期,董事會由六名董事組成,包括
+一名執行董事(為總裁),兩名非執行董事及三名獨
+立非執行董事。每位董事專業經驗及對本集團成功
+長期運作的適合性的簡歷載於本年報第39頁至第42
+頁。
+本集團相信,執行董事及非執行董事有關本集團業
+務經營及發展的良好知識、經驗及/或專才可與各
+董事達致平衡。所有董事均知悉其須對股東負擔的
+共同及個別責任,並已恪盡職守,謹慎勤勉地履行
+其職責,為本集團於回顧年度的成功表現作出貢獻。
+The Company has received from each of the independent non-
+executive Directors an annual confirmation of his independence
+as required under the Listing Rules. The Company considers all
+independent non-executive directors to be independent. As at the
+date of this annual report, the years of service of all independent
+non-executive directors are less than 9. Should the Board
+wish to seek for the further appointments of any independent
+non-executive directors serving more than 9 years from the
+Shareholders, separate resolutions will be proposed to the
+Directors and the reasons to justify their independence despite
+of the length of their services will be contained in relevant papers
+to the Shareholders in accordance with code provision A.4.3 in
+Appendix 14 of the Listing Rules.
+The Company has arranged appropriate insurance cover
+in respect of legal actions against its Directors and senior
+management with the extent of this insurance being reviewed
+each year.
+董事會
+The selection of candidates will be based on a range of diversity
+elements and measurable objectives which will be reviewed
+regularly. Such measurable objectives shall include, but be not
+limited to,gender, age, cultural and educational background,
+professional experience, skills, knowledge and/or terms of service.
+The final decision will be made according to the strengths of
+the candidate and his/her contribution that would bring to the
+Board. Having considered the business needs of the Company,
+the Nomination Committee considers that the current Board is
+董事會已於二零零五年六月二十七日成立薪酬委員
+會。薪酬委員會的主要角色是定期檢討人力資源管
+理政策、對董事及高級行政人員的薪酬組合、補償
+及福利計劃提出建議,以及制定本集團高級管理人
+員的表現目標。於二零二一年十二月三十一日,薪
+酬委員會包括一名執行董事王傳福先生、一名非執
+行董事夏佐全先生、及三名獨立非執行董事蔡洪平
+先生、張敏先生及蔣岩波先生,而蔡洪平先生出任
+主席。
+出席委員會
+Rate
+Member of the Remuneration Committee
+薪酬委員會成員
+會議次數
+出席率
+Wang Chuan-fu
+王傳福
+1
+100%
+Xia Zuo-quan
+Cai Hong-ping (chairman)
+Zhang Min
+Jiang Yan-bo
+Attendance
+夏佐全
+張敏
+蔣岩波
+1
+100%
+1
+100%
+1
+100%
+1
+100%
+BYD Company Limited
+60
+比亞迪股份有限公司
+Corporate Governance Report
+蔡洪平(主席)
+企業管治報告
+Attended
+Committee
+本集團制定一套有關披露內幕消息的政策,載列符
+合(香港法例第571章)證券及期貨條例及時處理及
+發佈內幕消息的程式及內部監控措施。除非內幕消
+息屬於證券及期貨條例所允許任何安全港範圍內,
+否則本集團需透過聯交所營運之電子登載系統及時
+向公眾人士���佈有關資料。所有董事、高級人員及
+相關僱員須在刊發公佈前採取合理預防措施,將內
+幕消息及相關公佈(如適用)保密。倘本集團認為無
+法維持必要的保密程度,本集團將及時在合理可行
+情況下盡快向公眾披露有關資料。該政策及其有效
+性須進行定期檢討。
+董事的證券交易
+本公司已採納上市規則附錄十所載上市發行人董事
+進行證券交易的標準守則(「標準守則」),作為本公
+司董事進行有關證券交易的行為守則。在向所有的
+董事作出特定查詢後,於年內,所有董事有關其證
+券交易均已遵守標準守則項下的義務。
+可能擁有本集團尚未公佈內幕消息的指定人士亦須
+遵守標準守則條款。於二零二一年,本公司並無發
+現違規事件。
+股東權利
+根據公司章程,持有本公司附有可於本公司股東大
+會上投票權利的已繳股本不少於百分之十的任何一
+名或多名股東,將可隨時要求董事會召開股東特別
+大會,以審議要求中所指明的任何事項。
+The Board has adopted the Board Diversity Policy, which sets out
+the approach to the diversity of Board members. The Company
+recognises the importance of diversity to corporate governance
+and an effective Board. The Board Diversity Policy aims to set
+out the approach to achieve Board diversity, so as to ensure that
+the Board members possess appropriate skills, experience and
+diverse views necessary for the business of the Company. In
+determining the Board composition, the Board and Nomination
+Committee consider a range of diversity elements, including but
+not limited to gender, age, cultural and educational background,
+professional experience, skills and knowledge. All appointments
+of the Board will be made based on merit and objective criteria
+while taking into full account the interest of the Board's diversity.
+The Board's Diversity Policy
+企業管治報告
+Corporate Governance Report
+63
+Annual Report 2021
+二零二一年年報
+candidates include, in particular, his/her educational background
+and professional qualifications, experiences in the industry,
+personality and integrity, as well as his/her contributions to the
+diversity of the Board according to the Board Diversity Policy.
+In the case of re-appointment of Directors, the Nomination
+Committee would take into account factors such as contribution
+from the retiring Directors. Where the candidate is appointed
+for the position of independent non-executive director, the
+Nomination Committee will also assess his/her independence
+with reference to the requirements set out in the Listing Rules. In
+appointing a new Director, the Nomination Committee and/or the
+Board will first identify potential candidates. After the Nomination
+Committee evaluated the candidates based on the selection
+criteria, the Nomination Committee will nominate one or more
+qualified candidates for the Board's consideration and the Board
+will determine and agree on a preferred candidate. The Company
+and/or the Chairman of the Board will then negotiate the terms of
+appointment with the preferred candidate. Finally, the Chairman of
+the Board, in consultation with the chairman of the Remuneration
+Committee and the chairman of the Nomination Committee, will
+then finalise a letter of appointment for the Board's approval.
+The Nomination Committee shall ensure the transparency and
+fairness of the selection procedure and continue to adopt diverse
+selection criteria during the appointment procedure, taking into
+consideration a range of elements such as age, educational
+background, professional experience, industrial skills and
+professional knowledge. Since its establishment, the Nomination
+Committee has assumed the role of reviewing such diverse
+selection policy at the nomination level, maintaining a diversified
+spectrum of varying perspectives, educational background and
+professional knowledge in the Board.
+The Nomination Committee has also adopted a nomination
+policy (the "Nomination Policy") which includes the selection
+criteria and nomination procedures of new appointments and re-
+appointments of directors. The selection criteria for assessing
+Meetings
+企業管治報告
+比亞迪股份有限公司
+62
+Annual Report 2021
+二零二一年年報
+59
+Corporate Governance Report
+企業管治報告
+REMUNERATION COMMITTEE
+The Board of Directors established a Remuneration Committee on
+27 June 2005. The primary role of the Remuneration Committee is
+to regularly review human resource management policies, make
+recommendations on the remuneration packages, compensation
+and benefit plans of Directors and senior executives, as well as
+setting performance goals for senior management of the Group.
+As at 31 December 2021, the Remuneration Committee comprises
+an executive Director,Mr.Wang Chuan-fu, a non-executive
+director,Mr. Xia Zuo-quan, and three independent non-executive
+directors, namely Mr. Cai Hong-ping, Mr. Zhang Min and Mr. Jiang
+Yan-bo, with Mr. Cai Hong-ping as the chairman.
+The Remuneration Committee has reviewed its terms of reference,
+which is available on the websites of the Stock Exchange and the
+Company, in 2021 to comply with the Code.
+In terms of the summary of the work of the Remuneration
+Committee, the Remuneration Committee held one meeting in
+2021 to,among others, assess the performance of executive
+Directors and review the remuneration of Directors, supervisors
+and senior management of the Group. The attendance rate of its
+members is set out as follows:
+薪酬委員會
+於二零二一年,薪酬委員會已檢討其職權範圍(其
+職權範圍可於聯交所及本公司網站查閱),以符合守
+則。
+薪酬委員會的履職概述方面,於二零二一年,薪酬
+委員會舉行一次會議,以(其中包括)評估執行董事
+的表現及審閱本集團董事、監事及高級管理人員的
+薪酬。其成員出席率載列如下:
+Number of
+Corporate Governance Report
+REMUNERATION POLICY FOR DIRECTORS
+The primary goal of the Group's remuneration policy for executive
+Directors is to enable the Company to retain and motivate
+executive Directors by linking their compensation with their
+individual performance as measured against the corporate
+objectives and the Group's operating results and taking into
+account of comparable market conditions. For the remuneration
+of the executive Directors and senior management, the
+Remuneration Committee makes recommendations to the Board
+on the remuneration packages of individual executive directors
+and senior management (adopting the model described in code
+provision B.1.2(c)(ii) of the CG Code) which would then be
+reviewed and subject to approval by the Board. The remuneration
+package of the executive Directors would also be subject to
+approval by shareholders at general meetings. The principal
+elements of the remuneration package of executive Directors
+include basic salary and discretionary bonus. The remuneration
+of non-executive directors includes mainly the Director's fee. The
+Company reimburses reasonable expenses incurred by Directors
+in the course of their carrying out of duties as Directors.
+Directors do not participate in decisions on their own
+remuneration.
+Rate
+Member of the Nomination Committee
+提名委員會成員
+會議次數
+出席率
+Wang Chuan-fu
+王傳福
+1
+100%
+Lv Xiang-yang
+Jiang Yan-bo (chairman)
+呂向陽
+蔣岩波(主席)
+1
+Attendance
+100%
+100%
+Cai Hong-ping
+Zhang Min
+蔡洪平
+張敏
+1
+100%
+1
+100%
+The Nomination Committee is committed to promote diversity in
+our Company to the extent practicable by taking into consideration
+a number of factors in respect of our corporate governance
+structure.
+提名委員會致力於通過考慮企業管治結構的多項因
+素,在切實可行的情況下促進本公司多元化。
+BYD Company Limited
+1
+Attended
+出席委員會
+Meetings
+Committee
+董事薪酬政策
+本集團對執行董事薪酬政策的主要目標是讓本公司
+可透過將執行董事的補償與其個人表現掛鈎並與公
+司目標及本集團的經營業績相衡量,同時計及可比
+較的市場條件,以挽留及激勵執行董事。就執行董
+事及高級管理層薪酬而言,薪酬委員會向董事會就
+個別執行董事及高級管理層的薪酬組合提出建議(採
+納企業管治守則條文第B.1.2(c)(ii)條所述模式)並將
+由董事會審閱及採納批准,同時執行董事的薪酬組
+合方案還須經股東大會批准。執行董事的薪酬組合
+主要部分包括基本薪金、酌情花紅。非執行董事的
+薪酬主要包括董事袍金。董事於履行其作為董事職
+責時所發生的開支,本公司會作出合理補償。
+董事不參與釐定其本身的薪酬。
+The emoluments paid to each Director for the year ended 31
+December 2021 are set out in note 9 to the financial statements.
+Remuneration of Senior Management During the Year
+截至二零二一年十二月三十一日止年度,支付予各
+董事的酬金載於財務報表附註9。
+年內高級管理人員薪酬
+Number of senior
+Remuneration by bands
+RMBO to RMB5 million
+RMB5 million to RMB8 million
+按等級劃分的酬金
+人民幣零元至人民幣500萬元
+人民幣500萬元至人民幣800萬元
+management
+高級管理層人數
+5
+Number of
+提名委員會的履職概述方面,於二零二一年,提名
+委員會舉行一次會議,以提名周亞琳女士、楊冬生
+先生為公司副總裁候選人。其成員出席率載列如
+下:
+本集團已成立提名委員會。於二零二一年十二月三
+十一日,提名委員會由一名執行董事王傳福先生、
+一名非執行董事呂向陽先生、及三名獨立非執行董
+事蔡洪平先生、張敏先生及蔣岩波先生組成,而蔣
+岩波先生為主席。提名委員會已獲授權力及權限,
+以審閱董事會的架構、規模及組成,就挑選董事及
+高級管理層候任人選、委任及重新委任董事及計劃
+董事繼任向董事會提供建議,亦負責評估獨立非執
+行董事的獨立性及決定董事提名的政策。
+提名委員會
+In terms of the summary of the work of the Nomination Committee,
+the Nomination Committee held one meeting in 2021 to nominate
+Ms. Zhou Ya-lin and Mr. Yang Dong-sheng as candidates for
+the vice president of the Company. The attendance rate of its
+members is set out as follows:
+nominated for directorships and senior management, appointment
+and reappointment of Directors and succession planning for
+Directors, assess the independence of independent non-executive
+directors and determine the policy for the nomination of Directors.
+披露內幕消息
+Committee has been delegated with the powers and authorities
+to review the structure, size and composition of the Board, make
+recommendations to the Board on the selection of individuals
+NOMINATION COMMITTEE
+企業管治報告
+Corporate Governance Report
+61
+Annual Report 2021
+二零二一年年報
+8
+The Group has established the Nomination Committee. As at
+31 December 2021,the Nomination Committee comprises an
+executive Director,Mr. Wang Chuan-fu, a non-executive director,
+Mr. Lv Xiang-yang, and three independent non-executive
+directors, namely Mr. Cai Hong-ping, Mr. Zhang Min and Mr. Jiang
+Yan-bo,with Mr. Jiang Yan-bo as the chairman. The Nomination
+Under the Company's Articles of Association, any one or more
+shareholders holding not less than one-tenth of the paid-up capital
+of the Company carrying the right of voting at general meetings of
+the Company shall at all times have the right, by written requisition
+to the Board, to require an extraordinary general meeting to be
+called by the Board for considering any matters specified in such
+requisition.
+提名委員會亦已採納一項提名政策(「提名政策」),
+當中列載新委任及重新委任董事之甄選準則及提名
+程式。用以評估候選人的甄選準則包括(尤其是)其
+學歷背景及專業資格、與行業有關之經驗、品格及
+誠信及彼是否能如多元化政策所述為董事會多元化
+作出貢獻。重新委任董事方面,提名委員會將考慮
+如退任董事所作出貢獻等因素。倘候選人獲委任獨
+立非執行董事職位,提名委員會將參考上市規則所
+載列之要求評估彼之獨立性。在委任新董事時,提
+名委員會及/或董事會會先物色適合人選。經提
+名委員會根據甄選準則評估候選人後,提名委員會
+將提名一位或多位合資格候選人供董事會考慮,且
+董事會將決定並同意一位最佳候選人。本公司及/
+或董事會主席將與最佳候選人協商委任之條款。最
+後,董事會主席經諮詢薪酬委員會主席及提名委員
+會主席後將落實委任書,予董事會批准。提名委員
+會應確保挑選程式透明及公平,於委聘程式中維持
+採用多元化甄選準則,同時考慮年齡、教育背景、
+專業經驗、行業技能及專業知識等多項特質。自成
+立以來,提名委員會已肩負檢討在提名方面應用多
+元化甄選政策之責任,確保董事具備多元化視野及
+不同教育背景及專業知識。
+Specified employees who are likely to be in possession of
+unpublished inside information of the Group are also subject to
+compliance with the Model Code. No incident of non-compliance
+was noted by the Company in 2021.
+Other non-audit services
+其他非審計服務
+The Directors have acknowledged their responsibilities for
+preparing the consolidated financial statements of the Company
+for the year ended 31 December 2021.
+董事確認彼等負責編製本公司截至二零二一年十二
+月三十一日止年度的合併財務報表。
+The statement of the external auditor of the Company about its
+reporting responsibilities on the Company's consolidated financial
+statements for the year ended 31 December 2021 is set out_in
+the section headed "Independent Auditor's Report" in this annual
+report.
+The Board has proposed to terminate the re-appointment of Ernst
+& Young as the international auditor of the Company for 2022
+and re-appoint Ernst & Young Hua Ming (LLP) as the domestic
+auditor of the Company for 2022, which is subject to approval by
+shareholders at the forthcoming annual general meeting. There
+was no disagreement between the Board and the Audit Committee
+on the selection and reappointment of the internal and external
+auditors during the year under review. A circular containing further
+details of the proposed change of auditor will be dispatched to
+the Shareholders as soon as practicable in accordance with the
+Listing Rules.
+本公司外部核數師有關其對本公司截至二零二一年
+十二月三十一日止年度的合併財務報表的申報責任
+的陳述書,載於本年報的「獨立核數師報告書」內。
+董事會已建議終止續聘安永會計師事務所為本公司
+二零二二年度國際核數師,並建議續聘安永華明會
+計師事務所(特殊普通合夥)為本公司二零二二年
+度境內核數師,唯須待股東於應屆股東週年大會上
+批准。董事會與審核���員會之間就於回顧年度內外
+部核數師的挑選及續任並無出現意見分歧。一份載
+有建議更換核數師進一步詳情的通函將根據上市規
+則,在實際可行的情況下盡快寄發予股東。
+Annual Report 2021
+二零二一年年報
+Corporate Governance Report
+企業管治報告
+RISK MANAGEMENT AND INTERNAL CONTROL
+The Board confirms its responsibility for risk management and
+internal control systems, and for reviewing their effectiveness
+through the Audit Committee at least annually. The Audit
+Committee assists the Board in performing its responsibilities
+for supervision and corporate governance, covering financial,
+operational, compliance, risk management and internal control, as
+well as internal audit functions of the Company.
+Various measures have been designed for safeguarding assets
+against unauthorised use or disposition; for maintaining proper
+accounting records and for the reliability of financial information
+used within the business or for publication. The Company's
+systems of risk management and internal control are designed
+to manage rather than eliminate the risk of failure to achieve
+business objectives, and can only provide reasonable but not
+absolute assurance against material errors, losses or fraud. The
+Board considers that the Company is fully compliant with the
+provisions of risk management and internal control as set forth in
+the Corporate Governance Code.
+Risk Management and Internal Control Framework
+風險管理及內部監控
+負責評估並釐定本公司承受的風險性質及程
+度,以達成其業務策略目標;
+董事會
+本公司風險管理包含完善之組織架構,以及全面之
+政策和程式。各業務及職能部門之職責均清楚列
+明,以確保有效之制衡。本公司的風險管理及內部
+監控架構包括下列各項:
+風險管理及內部監控框架
+of the risk management and internal control systems by the
+management team.
+Supervising the designing, implementation and inspection
+人民幣900,000元
+appropriate and effective risk management and internal
+control systems;
+Evaluating and determining the nature and magnitude of
+the risks to be assumed by the Company, to achieve its
+business and strategic goals;
+Board of Directors
+well-established organizational structure as well as all-rounded
+policies and procedures. The responsibilities of each business
+and functional department are clearly defined to ensure effective
+balance. The Company's risk management and internal control
+structure comprises of:
+SHAREHOLDERS' RIGHTS
+本公司已設計各項措施,以保障資產不被非法使用
+或出售、保持良好會計記錄及用於業務或公佈的財
+務數據的可靠性。風險管理及內部監控系統旨在管
+理而非消除未能達成業務目標的風險,而且就避免
+重大錯誤、損失或欺騙行為而言,僅能作出合理而
+非絕對的保證。董事會信納本公司已全面遵守企業
+管制守則所載風險管理和內部監控條文。
+董事會確認對風險管理及內部監控系統負責,並通
+過審核委員會至少每年檢討其有效性。審核委員會
+協助董事會履行其監察及企業管制職責,涵蓋本公
+司的財務、運營、合規、風險管理及內部監控,和
+內部審計職能。
+Ensuring that the Company has established and maintained
+確保本公司建立及維持合適及有效的風險管
+理及內部監控系統;
+RMB900,000
+二零二一年
+RMB900,000
+人民幣900,000元
+sufficiently diversified in terms of its skills, experience, knowledge
+and independence.
+The Nomination Committee has performed the above duties during
+the Year.
+董事會多元化政策
+董事會已採納董事會多元化政策,其中載有董事會
+多元化之方針。本公司認同董事會成員多元化對企
+業管治及董事會行之有效的重要性,董事會成員多
+元化政策旨在列載為達致董事會成員多元化而採取
+的方針,以確保董事會根據本公司業務所需具備適
+當的技能、經驗及多元化觀點。董事會及提名委員
+會在設定董事會成員組合時,會從多方面考慮董事
+會成員多元化,包括但不限於性別、年齡、文化及
+教育背景、專業經驗、技能及知識。董事會所有委
+任均以用人唯才為原則,並以客觀準則考慮人選,
+充分顧及董事會多元化的裨益。
+甄選人選將基於一系列多元化觀點及將定期審閱的
+可計量目標。這些可計量目標包括但不限於性別、
+年齡、文化背景、教育背景、專業經驗、技能、知
+識及/或服務年期等。最終將按所選人選的優點及
+其將為董事會帶來的貢獻而作出決定。經考慮本公
+司業務需求,提名委員會認為現任董事會在技能、
+經驗、知識及獨立性方面充分表現多樣化格局。
+提名委員會已履行其年內上述職責。
+STRATEGY COMMITTEE
+The Group established the Strategy Committee on 20 March 2008.
+As at 31 December 2021,the Strategy Committee comprises
+an executive Director,Mr.Wang Chuan-fu, two non-executive
+directors,namely Mr. Lv Xiang-yang and Mr. Xia Zuo-quan,and
+two independent non-executive directors, namely Mr. Cai Hong-
+ping and Mr. Zhang Min, with Mr. Wang Chuan-fu as the chairman.
+The main duty of the Strategy Committee is to consider and make
+recommendations on the Company's long-term development
+strategy and major investment decisions.
+戰略委員會
+本集團於二零零八年三月二十日成立戰略委員會。
+於二零二一年十二月三十一日,戰略委員會由一名
+執行董事王傳福先生、兩名非執行董事呂向陽先生
+及夏佐全先生,以及兩名獨立非執行董事蔡洪平先
+生及張敏先生組成,而王傳福先生為主席。戰略委
+員會主要職責是對公司長期發展戰略和重大投資決
+策進行研究並提出建議。
+BYD Company Limited
+64
+比亞迪股份有限公司
+Corporate Governance Report
+企業管治報告
+COMPANY SECRETARY
+2020
+2021
+審閱中期業績
+Review of interim results
+項目
+Item
+二零二零年
+。
+獨立核數師及其薪酬
+本公司之公司秘書李黔先生為本集團全職僱員,並
+對本公司的日常事務有所認識。於本財政年度,公
+司秘書已遵守上市規則第3.29條的相關專業培訓要
+求。公司秘書的履歷詳情載於本年報「董事、監事及
+高級管理層」一節中。
+公司秘書
+For the year ended 31 December 2021, the total remuneration
+paid to the international auditor, Ernst & Young and the domestic
+auditor,Ernst & Young Hua Ming (LLP),was RMB6,350,000 for
+audit services and non-audit services provided for the Company
+and its subsidiaries. The audit fee was approved by the Board.
+During the reporting period, the total remuneration in respect of
+the non-audit services provided was RMB900,000.
+INDEPENDENT AUDITORS AND THEIR
+REMUNERATION
+Mr. Li Qian,Company Secretary of the Company, is a full-time
+staff of the Group, and is familiar with the daily affairs of the
+Company. During the financial year, the Company Secretary had
+complied with the relevant professional training requirements
+under Rule 3.29 of the Listing Rules. The biographical details
+of the Company Secretary are set out in the section headed
+"Directors, Supervisors and Senior Management" in this annual
+report.
+截至二零二一年十二月三十一日止年度,國際核數
+師- 安永會計師事務所及境内核數師-安永華明
+會計師事務所(特殊普通合夥)為本公司及其子公
+司提供核數服務和非核數服務的薪酬總額為人民幣
+6,350,000元。核數費已獲董事會批准。於報告期
+內,提供非核數服務的薪酬總額為人民幣900,000
+元
+監督管理層對風險管理及內部監控系統的設
+計、實施及監察。
+The Company's risk management system is composed of a
+BYD Company Limited
+Reporting the audit results and making suggestions to
+the Audit Committee, to improve major drawbacks of the
+systems or identify the deficiency of the control.
+向審核委員會匯報審核結果並作出建議,以
+改善制度重大不足之處或發現監控缺失。
+Annual Report 2021
+二零二一年年報
+67
+Corporate Governance Report
+企業管治報告
+IDENTIFICATION, EVALUATION AND MANAGEMENT
+OF MAJOR RISKS
+The management team and relevant staff identify risks that may
+exert potential impacts on the Company and its operation, and
+evaluate and monitor risks in the environment and process.
+Through comparison of the risk appraisal results and risk
+prioritization, risk management strategies and internal control
+procedures are determined to prevent, avoid or reduce risks.
+Major risks and related control measures are reviewed and
+upgraded on an ongoing basis to ensure proper internal control
+procedures in place. Based on the testing results, persons
+in charge confirm with the senior management that internal
+control measures have played their roles as expected, their
+weakness identified in the control have been corrected, and
+risk management policies and internal control procedures have
+been revised, in the event of any major changes. The Board
+and the Audit Committee supervise the control activities of the
+management team to ensure the effectiveness of the control
+measures.
+識別、評估及管理重大風險
+65
+主要風險與相關監控措施,均持續檢討和更新,以
+確保設有適當的內部監控程式。根據測試結果,於
+出現任何重大變動時,有關的負責人員向高層管理
+人員確認內部監控措施發揮預期作用,或已在確定
+的監控弱點予以糾正,修訂風險管理政策及內部監
+控程式。董事會及審核委員會監督管理層的監控活
+動以致監控措施的成效。
+Annual Review
+審核本公司風險管理及內部監控制度是否足
+夠有效;
+In 2021,the Board reviewed the soundness and effectiveness
+of the Group's risk management and internal control systems,
+covering financial, operational and compliance control, with a
+self-evaluation report issued on the internal control. In addition,
+the Company retained an auditor to audit the effectiveness of
+the internal control related to the Company's financial reports,
+and to provide independent and objective assessments and
+suggestions in the form of audit report. The Board considers that
+the Company's risk management and internal control systems are
+effective and adequate.
+The Group has an Internal Audit Department which, equipped
+with an independent internal audit system, plays an important role
+in the Group's risk management and internal control framework.
+The Internal Audit Department reports directly to the Audit
+Committee. The annual and quarterly work plans of the Internal
+Audit Department are reviewed by the Audit Committee and
+reported to the Audit Committee regularly. Major audit findings
+shall be reported on a timely basis. Based on its consideration,
+the Audit Committee will provide advice for the Board and the
+senior management, with subsequent measures taken to review
+the implementation of the rectification and improvement plans.
+年度評估
+二零二一年,董事會已對集團的風險管理及內部控
+制體系(包括財務、經營及合規控制)的健全性和
+有效性進行了檢討,並出具了內部控制自我評價報
+告。同時,公司還聘請了審計師對公司財務報告相
+關的內部控制有效性進行審計,以審計報告的形式
+提供獨立客觀的評價與建議。董事會認為,公司的
+風險管理及內部控制體系有效且充分。
+內部審核
+本集團設有審計部門,推行獨立的內部審計制度,
+在本集團的風險管理及內部監控框架扮演重要角
+色。該部門直接向審核委員會匯報,內部審核部門
+的年度、季度工作計劃報審核委員會審閱,並定
+期向審核委員會作出報告,重要審核發現需及時報
+告,由審核委員會審議後向董事會、管理層提出建
+議,並通過後續跟蹤的方式檢討整改計劃的落實情
+況。
+BYD Company Limited
+68
+比亞迪股份有限公司
+Corporate Governance Report
+企業管治報告
+Disclosure of Inside Information
+The Group has put in place a set of policy for the disclosure of
+inside information which sets out the procedures and internal
+controls for the handling and dissemination of inside information
+in a timely manner and in compliance with the Securities and
+Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
+Unless the inside information falls within any of the safe harbors
+as permitted under the Securities and Futures Ordinance, the
+Group is required to disseminate such information through the
+electronic publication system operated by the Stock Exchange to
+the public in a timely manner. All Directors, officers and relevant
+employees are required to take reasonable precautions for
+preserving the confidentiality of inside information and the relevant
+announcement (if applicable) before publication. If the Group
+believes that the necessary degree of confidentiality cannot be
+maintained, the Group will immediately disclose the information to
+the public as soon as reasonably practicable. The policy and its
+effectiveness are subject to review on a regular basis.
+DIRECTORS' SECURITIES TRANSACTIONS
+The Company has adopted the Model Code for Securities
+Transactions by Directors of Listed Issuers (the "Model Code")
+contained in Appendix 10 of the Listing Rules as the Company's
+code of conduct regarding securities transactions by its Directors.
+Having made specific inquiry of all Directors, the Company
+confirmed all Directors have complied with their obligations under
+the Model Code regarding their securities transactions during the
+Year.
+Internal Audit
+•
+管理層及相關員工識別可能對公司及運營構成潛在
+影響之風險,評估監控環境和流程方面的風險。通
+過比較風險評估結果,排列風險優先次序,釐定風
+險管理策略及內部監控程式,以防止、避免或降低
+風險。
+內部審計
+66
+比亞迪股份有限公司
+Reviewing the due effectiveness of the Company's risk
+management and internal control systems;
+企業管治報告
+Audit Committee
+Assisting the Board in performing its duties of risk
+management and internal control systems;
+Supervising the Company's risk management and internal
+control systems on an ongoing basis, to provide opinions
+and suggestions with regard to the improvement of the risk
+management and internal control systems;
+Reviewing the effectiveness of the Company's risk
+management and internal control systems at least once a
+year;
+審核委員會
+協助董事會執行其風險管理及內部監控系統
+的職責;
+•
+持續監督本公司的風險管理及內部監控系
+統,對風險管理及內部監控系統管理制度的
+健全和完善提出意見和建議;
+至少每年一次檢討本公司的風險管理及內部
+監控系統是否有效;
+Ensuring that the Company has sufficient resources, staff
+Corporate Governance Report
+Management Team
+qualifications and experiences in accounting, internal audit
+and financial reporting functions.
+Internal Audit Department
+向董事會及審核委員會提供有關風險管理及
+內部監控系統是否有效的確認。
+對內部審計提出的有關風險管理及內部監控
+事宜之調查結果,作出及時回應和跟進;
+識別、評估及管理可能對運作之主要程式構
+成潛在影響之風險;
+Providing opinions to the Board and the Audit Committee
+Responding to and following up in a timely manner with
+regard to the investigation results of risk management
+and internal control issues raised by the Internal Audit
+Department;
+on the acknowledgment of the effectiveness of the risk
+management and internal control systems.
+負責設計、執行及監察風險管理及內部監控
+系統;
+•
+Designing, implementing and inspecting the risk
+management and internal control systems;
+確保本公司在會計、內部審核及財務匯報職
+能方面有足夠的資源,員工資歷和經驗。
+管理層
+Identifying, evaluating and managing risks that may exert
+potential impacts on major operational procedures;
+董事
+截至二零二一年十二月三十一日止年度及至本報告
+日期在任的董事如下:
+- 執行董事:
+王傳福先生
+- 非執行董事:
+-獨立非執行董事:
+夏佐全先生
+蔡洪平先生
+張敏先生
+BYD Company Limited
+本集團上五個財政年度的業績及資產負債摘要載於
+本年報第2頁及312頁。
+蔣岩波先生
+呂向陽先生
+五年財務數據摘要
+可供分派儲備
+°
+優先購股權
+於二零二一年十二月三十一日,本集團的銀行貸款
+詳情載於財務報表附註35
+銀行貸款
+按照本公司註冊成立地點中國的適用法律計算,本
+公司於二零二一年十二月三十一日可供分派儲備
+約為人民幣480,324,000元(二零二零年:人民幣
+462,339,000)
+Mr. Jiang Yan-bo
+Mr. Zhang Min
+Mr. Cai Hong-ping
+- Independent non-executive Directors:
+Mr. Xia Zuo-quan
+Mr. Lv Xiang-yang
+- Non-executive Directors:
+78
+本公司的組織章程中並無優先購股權的條文,而中
+國與股份有限責任公司相關的法律亦無此等權利相
+類似的限制,規定本公司須向現有股東按比例發售
+新股。
+比亞迪股份有限公司
+Annual Report 2021
+二零二一年年報
+董事會報告
+Mr. Wang Chuan-fu
+本公司董事、監事及高級管理層的個人簡歷載於年
+報第39頁至第50頁。
+董事、監事及高級管理層的個人簡歷
+management of the Company are set out on pages 39 to 50 of this
+annual report.
+Brief biographical details of Directors, supervisors and senior
+BIOGRAPHICAL DETAILS OF DIRECTORS,
+SUPERVISORS AND SENIOR MANAGEMENT
+有關董事的酬金詳情載於財務報表附註9。
+應付各非執行董事(包括獨立非執行董事)的酬金為
+根據其責任及向董事會作出的承諾,並計及其經驗
+及市場有關該職位的慣例。
+應付各執行董事的酬金為根據(i)其職責及責任;(ii)
+現行市況;及(iii)本公司的業績表現及盈利能力而
+定。
+董事酬金
+於年終或本年度任何時間,本集團概無簽訂任何涉
+及本集團的業務而本公司的董事、監事及與董事或
+監事有關連的實體直接或間接在其中擁有重大權益
+的重要交易、安排或合約。
+董事的合約權益
+上述合約及委任函為不可於一年內無須賠償(法定賠
+償除外)而予以終止之合約。
+Report of the Directors
+所有現任監事已與本公司簽訂或重續彼等的服務或
+僱傭合約,由二零二零年九月八日起計為期三年。
+Details of the remuneration of the Directors are set out in note 9 to
+the financial statements.
+responsibilities and undertaking to the Board taking into account
+his experience and market practice for such post.
+The emolument payable to each non-executive director
+(including independent non-executive director) is based on the
+The emolument payable to each executive Director is based on
+(i) his duties and responsibilities; (ii) prevailing market conditions;
+and (iii) performance and profitability of the Company.
+DIRECTORS' REMUNERATION
+No transactions, arrangement or contracts of significance in
+relation to the Group's business to which the Group was a party
+and in which a Director or supervisor and an entity related to a
+Director or supervisor of the Company had a material interest,
+whether directly or indirectly, subsisted at the end of the Year or
+at any time during the Year.
+DIRECTORS' INTERESTS IN CONTRACTS
+None of the above-mentioned contracts and letters of appointment
+are determinable within one year without payment of compensation
+(other than statutory compensation).
+employment contracts with the Company for a term of three years
+commencing on 8 September 2020.
+All existing supervisors had signed or renewed their service or
+All existing Directors had signed or renewed their service
+contracts or letters of appointment with the Company for a term of
+three years commencing on 8 September 2020.
+董事及監事的服務合約
+DIRECTORS' AND SUPERVISORS' SERVICE
+CONTRACTS
+所有現任董事已與本公司簽訂或重續彼等的服務合
+約或委任函,由二零二零年九月八日起計為期三年。
+· Executive Director:
+In accordance with the Circular on Certain Issues Concerning
+the Policies of Individual Income Tax (Cai Shui Zi [1994] No.
+020)promulgated by the Ministry of Finance and the State
+Administration of Taxation on 13 May 1994, overseas individuals
+are, temporarily, exempted from the PRC individual income tax for
+dividend or bonuses received from foreign-invested enterprises.
+In accordance with the Letter of the State Administration of
+Taxation concerning Taxation Issues of Dividends Received by
+Foreign Individuals Holding Shares of Companies Listed in China
+(Guo Shui Han Fa [1994] No. 440) as promulgated by the State
+Administration of Taxation on 26 July 1994, dividends (capital
+bonuses) received by foreign individuals holding B shares or
+overseas shares (including H shares) from Chinese enterprises
+issuing such B shares or overseas shares are temporarily
+exempted from individual income tax. Accordingly, in the payment
+of final dividends, the Company will not withhold and pay the
+individual income tax on behalf of individual shareholders
+when the Company distributes the final dividend to individual
+shareholders whose names appear on the register of members of
+H shares of the Company.
+DIRECTORS
+(1)
+公司在滿足下列現金分紅條件,且滿足公司
+正常生產經營和發展的資金需求情況下,每
+年以現金方式分配的利潤應不低於當年實現
+的可分配利潤的10%,任意連續三年以現金
+方式累計分配的利潤應不少於該三年實現的
+年均可分配利潤的30%:
+公司股東大會對利潤分配方案作出決議後,
+公司董事會須在股東大會召開後2個月內完
+成股息的派發事項。
+(四)
+(三) 公司股息分派由董事會根據公司經營狀況和
+中國政監會的有關規定擬定,由股東大會審
+議決定。
+(二) 公司可以採取現金、股票、現金與股票相結
+合或者法律、法規允許的其他方式分派股
+息。在滿足現金分紅的條件下,應優先採用
+現金分紅的方式分配股息。
+The distributable profit (i.e., the Company's profit
+after tax net of loss and contribution of reserve
+funds) realized by the Company for the year or
+half year is positive in value and the cash flow is
+sufficient. The payment of cash dividends will not
+affect the subsequent continuing operation of the
+Company;
+(1)
+公司該年度或半年度實現的可分配利
+潤(即公司彌補虧損、提取公積金後
+所餘的稅後利潤)為正值且現金流充
+裕,實施現金分紅不會影響公司後續
+持續經營;
+The profit distributed by the Company in cash each year
+shall not be less than 10% of the realized distributable
+profit for the year, provided that the following cash
+dividend conditions are satisfied and the capital needs for
+the normal production, operation and development of the
+Company are met. The cumulative profit for distribution in
+cash for any three consecutive years shall not be less than
+30% of the average annual distributable profit for such
+three years:
+(IV)
+(III) The Company's profit distribution shall be prepared by
+the Board of Directors in accordance with the Company's
+operating conditions and the relevant requirements of
+China Securities Regulatory Commission and shall be
+considered and approved at the shareholders' general
+meeting.
+conditions for cash dividend are satisfied, cash dividend
+shall be the priority method of profit distribution.
+(II) The Company may distribute dividends in cash, in
+shares or in a combination of both cash and shares or as
+otherwise permitted by the laws and regulations. When the
+董事會報告
+Report of the Directors
+比亞迪股份有限公司
+BYD Company Limited
+After the profit distribution plan is approved at the general
+meeting of the Company, the Board of Directors of the
+Company shall complete the distribution of dividends within
+two months after convening the shareholders' general
+meeting.
+(2)
+The cumulative distributable profit of the Company
+is positive in value;
+(2)
+The Board has resolved to recommend the payment of final
+dividend of RMB1.05 per share (including tax) for the year
+ended 31 December 2021 (for the year ended 31 December
+2020: the payment of RMB0.148 per share (including tax)). If
+there is a change in the total share capital of the Company
+on the date of registration of the implementation of the equity
+distribution, the Company intends to maintain the total distribution
+amount unchanged and adjusts the distribution amount per
+share accordingly. The proposed final dividend is subject to the
+consideration and approval of the shareholders at the forthcoming
+annual general meeting (the “AGM") of the Company.
+(VIII) The Company shall calculate, declare and pay dividends
+and other amounts which are payable to holders of
+domestic shares in Renminbi within the period as
+prescribed by the Articles of Association. The Company
+shall calculate and declare dividends and other payments
+which are payable to holders of overseas-listed foreign
+shares in Renminbi, and shall pay such amounts in the
+foreign currency within the period as prescribed by the
+Articles of Association. The applicable exchange rate
+Ishall be the average closing rate for the relevant foreign
+currency announced by the People's Bank of China of the
+five working days prior to the announcement of payment
+of dividend and other amounts. The Company shall pay
+foreign currencies to holders of overseas-listed foreign
+shares in accordance with the relevant foreign exchange
+control regulations of the State. Authorised by general
+meetings, the Board may determine to distribute interim
+dividends or bonuses.
+When considering and conducting profit distribution,
+the Board of Directors of the Company shall take into
+account certain circumstances and factors as set out in the
+Company's Articles of Association.
+year, the Company may distribute profits by way of shares
+to match share capital expansion with business growth,
+provided that the minimum cash dividend payout ratio and
+an optimal share capital base and shareholding structure
+are maintained.
+Depending on the profitability and business growth for the
+(VII)
+(VI)
+董事會報告
+Report of the Directors
+Annual Report 2021
+二零二一年年報
+在滿足現金分紅條件下,公司董事會可以根
+據公司的盈利狀況及資金需求狀況提議公司
+進行中期現金分配。
+五)
+The Board of Directors of the Company may propose the
+Company to make interim cash distribution according to the
+Company's earnings and capital requirement conditions,
+provided that the cash dividend conditions are satisfied.
+(V)
+審計機構對公司的該年度財務報告出
+具標準無保留意見的審計報告。
+(3)
+The audit firm issues an unqualified audit report on
+the financial report of the Company for the year.
+(3)
+公司累計可供分配利潤為正值;
+72
+The Directors who held office during the year ended 31 December
+2021 and up to the date of this report are:
+(一) 公司股息政策應重視對投資者的合理投資回
+報,並兼顧公司的可持續發展,公司股息分
+派不得超過累計可分配利潤的範圍,不得損
+害公司持續經營能力,實行持續、穩定的股
+息分配政策。
+本集團截至二零二一年十二月三十一日止年度的業
+績載於本年報合併財務報表及其附註第92頁至第
+311頁。
+The Company believes that effective communication with
+investors is essential for enhancing investors' knowledge and
+understanding of the Company. To achieve this, the Company
+pursues a proactive policy of promoting investor relations and
+communications. The main purpose of the Company's investor
+relations policy, therefore, is to enable investors to have access,
+on a fair and timely basis, to information that is reasonably
+required for making the best investment decisions.
+INVESTOR RELATIONS
+企業管治報告
+Corporate Governance Report
+比亞迪股份有限公司
+70
+BYD Company Limited
+69
+During the year, given that BYD Company Limited (the
+“Company”) has completed the placing of 50,000,000 new
+H Shares under the General Mandate and the registration on
+8 November 2021, there are corresponding changes in the
+registered capital and total share capital of the Company.
+Further, pursuant to the Securities Law of the People's Republic
+of China (2019 Revision),the Company Law of the People's
+Republic of China (2018 Revision), the Guidelines for the Articles
+of Association of Listed Companies (2019 Revision),the Code
+of Corporate Governance for Listed Companies (2018 Revision)
+and the Rules Governing the Listing of Shares on Shenzhen Stock
+Exchange (2020 Revision), and the provisions of other relevant
+laws and regulations, departmental rules, regulatory documents
+and regulations of the Company, and combined with the actual
+situation, it is proposed to make relevant amendments to the
+internal rules and regulations of the Company including the
+Articles of Association, the Rules of Procedures of Meetings of
+the Board, the Rules of Procedures of Meetings of the Supervisory
+Committee, the Compliance Manual in relation to Independent
+Directors, the Management System for the Funds Raised, the
+Compliance Manual in relation to Connected Transaction, the
+Rules for the Selection and Appointment of Accountants' Firm and
+the Policy of External Guarantee. The Board and Shareholders
+of the Company passed the relevant resolutions at the Board
+meetings held on 27 August 2021 and 12 November 2021,and
+an extraordinary general meeting held on 30 November 2021
+respectively, to approve the amendments to the Articles of
+Association of the Company and various sets of internal rules and
+regulations mentioned above. For details of relevant amendments,
+please refer to the Company's circular dated on 13 November
+2021. The latest version of the Memorandum and Articles of
+Association of the Company and the above internal rules and
+regulations are available on the websites of the Company and the
+Hong Kong Stock Exchange.
+股東可將其需要董事會關注的申請書及查詢寄至本
+公司的公司秘書,地址為本公司於香港的主要營業
+地點香港新界沙田鄉事會路138號新城市中央廣場
+二期17樓1712室。其他一般查詢可透過本公司的
+投資者及傳媒關係顧問交予本公司。投資者及傳媒
+關係顧問的聯絡資料已在本年報「公司資料」一節披
+露。
+持有本公司附有可於本公司股東大會上投票權利的
+已繳股本不少於百分之三的任何一名或多名股東,
+可以在股東大會召開10日前提出臨時提案並書面提
+交會議召集人;召集人應當在收到提案後2日內發出
+股東大會補充通知,公告臨時提案的內容。
+持有本公司附有可於本公司股東大會上投票權利的
+已繳股本不少於百分之一的任何一名股東,可以作
+為徵集人,自行或者委託證券公司、證券服務機
+構,公開請求公司股東委託其代為出席股東大會,
+並代為行使提案權、表決權等股東權利。
+Shareholders may send their requisitions and inquiries requiring
+the Board's attention to the Company Secretary at the Company's
+principal place of business in Hong Kong at Unit 1712, 17th Floor,
+Tower 2 Grand Central Plaza,No.138 Shatin Rural Committee
+Road, New Territories, Hong Kong. Other general inquiries can be
+directed to the Company through our Investor and Media Relations
+Consultant, whose contact information is disclosed in the section
+headed “Corporate Information” of this annual report.
+Furthermore, a shareholder may propose a person other than a
+retiring Director for election as a Director at a general meeting.
+For such purpose, the shareholder must send to the Board a
+notice in writing of the intention to propose a person for election
+as a Director and notice in writing by that person of his or her
+willingness to be so elected, no earlier than the day after the
+dispatch of the notice of the relevant general meeting and not
+later than 7 days prior to the date appointed for the relevant
+general meeting.
+Any one or more shareholders holding not less than 3% of the
+paid-up capital of the Company carrying the right of voting
+at general meetings of the Company may make a provisional
+proposal and submit it in writing to the convener of the meeting
+ten days prior to the date of the general meeting. The convener
+shall, within two days upon receipt of the proposal, issue a
+supplementary notice of the general meeting announcing the
+contents of such provisional proposal.
+Any shareholder holding not less than 1% of the paid-up share
+capital of the Company carrying the right of voting at general
+meetings of the Company may, as a proxy solicitor, publicly
+request, either by himself/herself or by appointing a securities
+company or securities service provider, the shareholders of the
+Company to authorize him/her to attend general meetings and
+exercise the right to make proposals, right to vote, and other
+rights of shareholders.
+Corporate Governance Report
+企業管治報告
+Annual Report 2021
+二零二一年年報
+此外,股東可推舉一名本公司退任董事以外之人士
+於股東大會上參選董事。就此目的而言,股東須於
+不早於寄發有關股東大會通告翌日,亦不遲於有關
+股東大會之日期前七日,向董事會送達表明提名參
+選董事人選意向之書面通知以及該獲提名人士發出
+表明其參選意願之書面通知。
+與投資者的關係
+本公司相信,與投資者的有效溝通對增進投資者對
+本公司的認識及暸解乃至關重要。為達致該目標,
+本公司實施促進投資者關係及溝通的積極政策。因
+此,本公司的投資者關係政策主要乃旨在讓投資者
+可公平和及時取得作出最佳投資決策時所合理需要
+的資料。
+年內,鑒於比亞迪股份有限公司(以下簡稱「本公
+司」或「公司」)已於2021年11月8日根據一般性授權
+完成50,000,000股新增H股配售及其登記,本公司
+的註冊資本、股本總額發生相應變化;同時公司根
+據《中華人民共和國證券法》(2019年修訂)、《中華
+人民共和國公司法》(2018年修正)、《上市公司章程
+指引》(2019年修訂)、《上市公司治理準則》(2018
+年修訂)及《深圳證券交易所股票上市規則》(2020年
+修訂)等相關法律、法規、部門規章、規範性文件及
+公司制度的規定,並結合實際情況,對《公司章程》
+及《董事會議事規則》、《監事會議事規則》、《獨立董
+事制度》、《募集資金管理制度》、《關聯交易決策制
+度》、《會計師事務所選聘制度》、《對外擔保制度》等
+內部規則及制度進行了相關修訂。公司董事會分別
+於二零二一年八月二十七日及二零二一年十一月十
+二日的董事會,以及本公司股東於二零二一年十一
+月三十日���行的股東特別大會上分別通過了相關議
+案,批准修訂本公司《公司章程》及上述若干內部規
+則及制度。有關修訂詳情,請參閱本公司日期為二
+零二一年十一月十三日的通函。本公司組織章程及
+上述內部規則及制度的大綱及細則之最新版本,可
+於本公司及香港聯交所網站參閱。
+業績及分配
+截至二零二一年十二月三十一日止年度業務類型
+及營運地區分類的本集團業績表現分析載於財務報
+表附註4。
+本集團的主要業務為包含傳統燃油汽車及新能源汽
+車在內的汽車業務、手機部件及組裝業務,以及二
+次充電電池及光伏業務,同時利用自身的技術優勢
+積極拓展城市軌道交通及其他業務領域,而本公司
+的附屬公司的業務則詳載於財務報表附註1。截至二
+零二一年十二月三十一日止年度,本集團主要業務
+性質並無重大改變。有關主要業務的進一步討論及
+分析,詳見載於本年報第16頁至38頁的管理層討論
+及分析。
+主要業務及營運地區的分析
+The Company's profit distribution policy shall focus on
+providing investors with reasonable investment returns
+as well as maintaining the sustainable development of
+the Company. The Company's profit distribution shall not
+exceed the range of the accumulated distributable profits
+or damage the Company's ability to continue operations.
+A sustained and steady profit distribution policy shall be
+implemented.
+(1)
+Dividend Distribution Policy
+are set out in the consolidated financial statements and their notes
+on pages 92 to 311 of this annual report.
+The results of the Group for the year ended 31 December 2021
+RESULTS AND APPROPRIATIONS
+An analysis of the Group's performance for the year ended 31
+December 2021 by business and geographical segments of
+operations is set out in note 4 to the financial statements.
+The Group is principally engaged in automobile business which
+includes traditional fuel-engined vehicles and new energy
+vehicles, handset components and assembly services, as well
+as rechargeable battery and photovoltaic business while taking
+advantage of its technological superiority to actively develop
+urban rail transportation and other business segment. The
+activities of the Company's subsidiaries are set out in note 1 to
+the financial statements. There were no significant changes in
+the nature of the Group's principal activities for the year ended
+31 December 2021. Further discussion and analysis of principal
+activities are set out in the Management Discussion and Analysis
+on pages 16 to 38 of the annual report.
+PRINCIPAL ACTIVITIES AND GEOGRAPHICAL
+ANALYSIS OF OPERATIONS
+本公司董事(「董事會」)同意謹將比亞迪股份有限公
+司(以下簡稱「本公司」)及其附屬公司(連同本公司
+統稱「本集團」)截至二零二一年十二月三十一日止
+年度報告連同已經審核的合併財務報表呈覽。
+The directors of the Company (the “Board") agreed to hereby
+submit the annual report together with the audited consolidated
+financial statements of BYD Company Limited (the "Company")
+and its subsidiaries (together with the Company hereinafter
+collectively referred to as the “Group") for the year ended 31
+December 2021.
+董事會報告
+Report of the Directors
+71
+Annual Report 2021
+二零二一年年報
+派付股息政策
+(七) 在考慮及實際分紅時,公司董事會應當考慮
+公司章程中列出的情況及因素。
+(六) 公司可以根據年度的盈利情況及業績增長狀
+況,在滿足最低現金分紅比例和公司股本規
+模及股權結構合理的條件下,為保持股本擴
+張與業績增長相適應,公司可以採用股票股
+利方式進行利潤分配。
+董事會已議決建議派發截至二零二一年十二月三十
+一日止年度末期股息每股人民幣1.05元(包含稅項)
+(截止二零二零年十二月三十一日止之年度:派發每
+股人民幣0.148元(包含稅項))。如實施權益分派股
+權登記日公司總股本發生變動,公司擬維持分配總
+額不變,相應調整每股分配金額。建議末期股息須
+待本公司將召開的股東週年大會(「股東週年大會」)
+上審議及批准後方可作實。
+捐款
+本集團及本公司在本年度的儲備變動詳情分別載於
+合併權益變動表及財務報表附註42。
+儲備
+本集團努力與客戶建立及維持長期牢固關係。比亞
+迪已建立一個客戶滿意度管理系統,以瞭解及滿足
+客戶的需求,並提高其滿意度。於供應商方面,本
+集團的目的在於,與所有供應商保持互利共贏的夥
+伴關係。同時,本集團會定期評核供應商的表現(包
+括供應商的社會責任)。
+與客戶及供應商的關係
+由於僱員為發展的基石,本集團於人力資源管理方
+面堅持「以人為本」的原則,創造平等的就業機會並
+禁止一切職業歧視。本集團定期檢討其僱員薪酬政
+策,且根據年度工作表現評核,僱���會獲發花紅及
+獎金。本集團亦於住房、交通及兒童教育等方面努
+力幫助僱員。
+與僱員的關係
+Group and the Company are set out in note 14 to the financial
+statements.
+本集團在截至二零二一年十二月三十一日止年度作
+出慈善及其他捐贈款合共人民幣47,552,000元(二
+零二零年:人民幣35,783,000元)。
+Details of the movements in property, plant and equipment of the
+Charitable and other donations made by the Group during the
+year ended 31 December 2021 amounted to RMB47,552,000
+(2020: RMB35,783,000).
+DONATIONS
+Details of movements in the reserves of the Group and the
+Company during the Year are set out in the Consolidated
+Statement of Changes in Equity and note 42 to the financial
+statements, respectively.
+RESERVES
+The Group strives to build and maintain long term and strong
+relationships with customers. BYD has established a customer
+satisfaction management system with a view to understanding and
+fulfilling customers' demands and enhancing their satisfaction.
+In terms of suppliers, the Group's objective is to keep mutually
+beneficial and win-win partnerships with all suppliers. At the
+same time, the Group regularly evaluates the performance of our
+suppliers including suppliers' social responsibility.
+Relationship with customers and suppliers
+help employees in the aspects of housing, transportation and
+children's education, etc.
+management and practices equal employment opportunities
+and prohibits any career discrimination. The Group reviews its
+employee compensation policies on a regular basis and bonuses
+and commission may be awarded to employees based on their
+annual performance evaluation. Efforts have also been made to
+PROPERTY, PLANT AND EQUIPMENT
+物業、廠房及設備
+本集團及本公司的物業、廠房及設備的變動詳情載
+於財務報表附註14。
+SHARE CAPITAL
+A summary of the results and of the assets and liabilities of the
+Group for the last five financial years is set out on page 2 and 312
+of this annual report.
+FIVE-YEAR FINANCIAL SUMMARY
+There is no provision for pre-emptive rights under the Company's
+Articles of Association and there is no similar restriction against
+such rights under the laws of the PRC in respect of joint stock
+limited companies, which would oblige the Company to offer new
+shares on a pro-rata basis to existing shareholders.
+PRE-EMPTIVE RIGHTS
+As at 31 December 2021,details of bank loans of the Group are
+set out in note 35 to the financial statements.
+BANK LOANS
+the Company's place of incorporation, amounted to approximately
+RMB480,324,000 (2020: RMB462,339,000).
+Distributable_reserves of the Company as at 31 December 2021,
+calculated under the relevant legislation applicable in the PRC,
+DISTRIBUTABLE RESERVES
+董事會報告
+Report of the Directors
+77
+Annual Report 2021
+二零二一年年報
+年內,本公司或其任何附屬公司均概無買賣或贖回
+本公司任何上市證券。
+本公司的股本變動詳情載於財務報表附註40。
+股本
+purchased, sold or redeemed any of the listed securities of the
+Company.
+During the Year, neither the Company nor any of its subsidiaries
+Details of the movements in share capital of the Company are set
+out in note 40 to the financial statements.
+(八) 公司向內資股股東支付股利以及其他款項,
+以人民幣計價和宣佈,在公司章程規定的期
+限內用人民幣支付;公司向外資股股東支付
+股利及其他款項,以人民幣計價和宣佈,在
+章程規定的期限內以外幣支付。兌換率應以
+宣派股利或其他分派當日前五個工作天中國
+人民銀行所報的相關外幣兌人民幣的平均收
+市價折算,公司需向外資股股東支付的外
+幣,應當按照國家有關外匯管理的規定辦
+理。經股東大會授權,董事會可決定分配中
+期股利或紅利。
+Relationship with employees
+Since employees are the foundation for development, the Group
+adheres to the "people-oriented" principle in its human resources
+Report of the Directors
+Shareholders are recommended to consult their tax advisor
+regarding the ownership and disposal of H shares of the Company
+in the PRC and in Hong Kong and other tax effects.
+董事會報告
+Report of the Directors
+75
+根據財政部、國家稅務總局於一九九四年五月十三
+日發佈的《關於個人所得稅若干政策問題的通知》
+(財稅字[1994]020號)的規定,外籍個人從外商投
+資企業取得的股息、红利所得,暫免徵收個人所得
+稅。根據國家稅務總局於一九九四年七月二十六日
+發佈的《外籍個人持有中國境內上市公司股票所取得
+的股息有關稅收問題的函》(國稅函發[1994]440號)
+的規定,對持有B股或海外股(包括H股)的外籍個
+人,從發行該B股或海外股的中國境內企業所取得的
+股息(紅利)所得,暫免徵收個人所得稅。據此,本
+公司在派付末期股息時,本公司對名列於公司H股
+股東名冊上的個人股東將不代扣代繳中國個人��得
+稅。
+根據自二零零八年一月一日起施行的《中華人民共和
+國企業所得稅法》及其實施條例,本公司向名列於H
+股股東名冊上的非居民企業股東派發現金股息時,
+有義務代扣代繳企業所得稅,稅率為10%。任何以
+非個人股東名義,包括以香港中央結算(代理人)有
+限公司、其他代名人、代理人或受託人、其他組織
+及團體名義登記的H股股份皆被視為非居民企業股
+東所持的股份,因此,其應得股息將被扣除企業所
+得稅。如H股股東需要更改股東身份,請向代理人
+或受託人查詢相關手續。本公司將嚴格依法或根據
+政府相關部門的要求,並依照截至末期股息記錄日
+期的H股股東名冊代扣代繳企業所得稅。
+末期股息將以人民幣計值和宣派,以人民幣向A股股
+東發放,以港元向H股股東發放。以港元發放的股
+息計算的匯率以在特別股東大會宣派股息日之前五
+個工作日的中國人民銀行公佈的港元兌換人民幣平
+均基準匯率為準。
+In accordance with the Enterprise Income Tax Law of the People's
+Republic of China and its implementation regulations which
+came into effect on 1 January 2008,the Company is required
+to withhold and pay enterprise income tax at the rate of 10% on
+behalf of the non-resident enterprise shareholders whose names
+appear on the register of members for H shares when distributing
+the cash dividends. Any H shares not registered under the name
+of an individual shareholder, including HKSCC Nominees Limited,
+other nominees, agents or trustees, or other organisations or
+groups, will be deemed as shares held by non-resident enterprise
+shareholders. Therefore, the enterprise income tax will be withheld
+from dividends payable to such shareholders. If holders of H
+shares intend to change its shareholder status, please enquire
+about the relevant procedures with your agents or trustees. The
+Company will strictly comply with the law or the requirements of
+the relevant government authority and withhold and pay enterprise
+income tax on behalf of the relevant shareholders based on the
+register of members for H shares as at the record date of the final
+dividend.
+The final dividend will be denominated and declared in RMB.
+The holders of A shares will be paid in RMB and the holders of H
+shares will be paid in Hong Kong dollars. The exchange rate for
+the dividend to be paid in Hong Kong dollars will be the mean of
+the exchange rates of Hong Kong dollar to RMB as announced
+by the People's Bank of China during the five business days prior
+to the date of declaration of the dividend at the Extraordinary
+General Meeting.
+董事會報告
+Report of the Directors
+比亞迪股份有限公司
+BYD Company Limited
+74
+73
+本公司將根據上市規則及本公司的組織章程細則就
+股東週年大會刊發公告、通函及股東週年大會通
+告。本公司亦將另行刊發有關記錄日期及因向H股
+股東派付末期股息而暫停辦理股份過戶登記手續的
+日期的公告。預期末期股息將於二零二二年八月三
+十一日前分派。
+The Company will publish announcement, circular and notice
+regarding the AGM in accordance with the Listing Rules and the
+Articles of Association of the Company. The Company will also
+make separate announcement regarding the record date and
+date of closure of register of members for the payment of the final
+dividend to the holders of H shares. It is expected that the final
+dividend will be distributed before 31 August 2022.
+董事會報告
+The business review set out on pages 19 to 26 of the annual
+report shall form an integral part of this Report of the Directors.
+BUSINESS REVIEW
+Please refer to note 50 to the financial statements for details
+of the main financial risks faced by the Group and the Group's
+management objectives and policies regarding such risks. In
+addition to such financial risks, the Directors are of the view that
+any material change in relevant government policies (such as the
+Chinese Government's policies on economic development and
+environmental protection) is also one of the principal risks and
+uncertainties that may affect the Group's business.
+比亞迪股份有限公司
+76
+BYD Company Limited
+比亞迪於全球運營要求嚴格遵守法律、社會規範、
+職業道德準則及內部規定。本集團已成立法律法規
+管理委員會,負責定期及不時監測、監督及檢查各
+部門的法律法規管理及執行情況,且評估其於該等
+領域的執行及遵守情況。於二零二一年年內,本公
+司知悉,概無重大違反或不遵守本集團適用法律法
+規,且對本集團業務及經營造成重要影響的事件。
+守則遵守情況
+and evaluates their implementation and compliance in such areas.
+During the year of 2021, as far as the Company is aware, there
+was no material breach of or non-compliance with applicable laws
+and regulations by the Group that has a significant impact on the
+business and operations of the Group.
+Management Committee which monitors, supervises and
+inspects, regularly and from time to time, the management and
+implementation of laws and regulations in various departments,
+BYD requires stringent compliance with laws, social norms,
+professional ethics and internal regulations in its worldwide
+operations. The Group has established the Law and Regulation
+Principal risks and uncertainties faced by the Group
+本集團積極響應環保政策。在通過綠色產品來減少
+能耗的同時,本集團亦注重減輕其運營對環境的直
+接影響。比亞迪通過引進能源管理系統、推進以可
+再生能源替代傳統能源及通過技術與管理方式節約
+能源,持續減少其自身能耗及二氧化碳排放。
+Regulatory compliance
+環保政策
+有關本集團所面臨主要財務風險及本集團關於該等
+風險的管理目標及政策的詳情,請參閱財務報表附
+註50。除該等財務風險外,董事認為,有關政府政
+策(如中國政府的經濟發展及環境保護政策)的任何
+重大變動亦為可能影響本集團業務的主要風險及不
+確定因素之一。
+本集團面對的主要風險及不確定因素
+業務回顧載於年報第19頁至26頁,構成董事會報告
+的一部分。
+業務回顧
+股東務須向彼等的稅務顧問諮詢有關擁有及處置本
+公司H股所涉及中國、香港及其他稅務影響的意見。
+The Group has been a positive respondent for environmental
+protection. While helping reduce energy consumption through
+green products, the Group also focuses on reducing the direct
+impacts of its operation on the environment. By introducing
+an energy management system, promoting the replacement of
+traditional energy with renewable energy and saving energy
+through technical and management means, BYD continues
+to reduce its own energy consumption and carbon dioxide
+emissions.
+Environmental policies
+比亞迪股份有限公司
+Report of the Directors
+董事會報告
+During the six months ended 30 June 2021, the Group has fully
+utilised the net proceeds of approximately RMB24,935 million from
+the Placing (excluding the investment income from exchange rate
+fluctuation and interest of deposits), of which (i) approximately
+RMB11,493 million was used in investment in research and
+development and general corporate purpose; (ii) approximately
+RMB8,796 million was used for repayment of interest-bearing
+debt;and (iii) approximately RMB4,646 million was used to
+supplement the working capital of the Group.
+0.01%
+In addition, the Company entered into a placing agreement
+(the "2nd Placing Agreement") with China International Capital
+Corporation Hong Kong Securities Limited, Goldman Sachs (Asia)
+L.L.C. and Bank of America Merrill Lynch (together as Joint Global
+Coordinators and Placing Agents) on 29 October 2021 (“the 2nd
+Placing Agreement Signing Date") in relation to the placing of
+50,000,000 new H Shares of the Company (the “2nd Placing").
+The Placing Price is HK$276.0 per Placing Share: (a) a discount of
+approximately 6.2% to the average closing price of approximately
+HK$294.2_per H Share as quoted on the Stock Exchange for
+the last 10 consecutive trading days up to and including 29
+October 2021, being the last trading day before the 2nd Placing
+Agreement Signing Date;(b) a discount of approximately 9.3%
+to the average closing price of approximately HK$304.3 per H
+Share as quoted on the Stock Exchange for the last 5 consecutive
+trading days up to and including 29 October 2021;and (c) a
+discount of approximately 6.9% to the closing price of HK$296.6
+per H Share as quoted on the Stock Exchange on 29 October
+2021. The Placing Shares represent approximately 4.77% of the
+existing number of H Shares in issue, being 1,048,000,000 H
+Shares,and approximately 1.75% of the number of total issued
+Shares as at the 2nd Placing Agreement Signing Date. The
+Placing Shares represent approximately 4.55% of the number
+of issued H Shares and approximately 1.72% of the number of
+total issued Shares, in each case, as enlarged by the allotment
+and issue of the Placing Shares. The aggregate nominal value
+of the Placing Shares under the 2nd Placing is RMB50,000,000.
+The Placing Agents placed the Placing Shares to not less than
+six Placees who are independent professional, institutional and/
+or other investors (they and their ultimate beneficial owners are
+third parties not connected with the Company, connected persons
+of the Company and any of the directors, supervisors, chief
+executive or substantial shareholder(s) of the Company or any of
+its subsidiaries or their respective associates). The 2nd Placing
+was completed on 8 November 2021. Details of the 2nd Placing
+were disclosed in the Company's announcements dated on 1
+November 2021 and 8 November 2021.
+截至二零二一年六月三十日止六個月,本集團已悉
+數動用配售事項所得款項淨額約人民幣24,935百萬
+元,不包含匯率波動造成的投資收益及存款利息,
+其中(i)約人民幣11,493百萬元用於���發投入及一般
+企業用途;(ii)約人民幣8,796百萬元用於償還帶息
+債務;及(iii)約人民幣4,646百萬元用於補充本集團
+營運資金。
+截至二零二一年六月三十日,本輪配售事項所得款
+項淨額已全部按計劃使用完畢,實際用途與計劃不
+存在重大差異。
+此外,本公司與中國國際金融香港證券有限公司、
+高盛(亞洲)有限責任公司及美銀美林集團(作為聯
+席全球協調人及配售代理)於二零二一年十月二十九
+日(「配售協議簽署日」)訂立了配售協議(「第2份配
+售協議」),有關配售本公司50,000,000股新H股。
+每股配售股份的配售價276.0港元:(a)較聯交所所
+報二零二一年十月二十九日前(即配售協議簽署日
+前最後一個交易日,含該日)最後連續十個交易日
+之平均收市價每股H股約294.2港元折讓約6.2%;
+(b)較聯交所所報二零二一年十月二十九日前(含該
+日)最後連續五個交易日之平均收市價每股H股約
+304.3港元折讓約9.3%;及(c)較二零二一年十月二
+十九日於聯交所所報之收市價每股H股296.6港元折
+讓約6.9%。配售股份相當於配售協議簽署日已發行
+1,048,000,000股H股的約4.77%,及於配售協議簽
+署日已發行股份總數的約1.75%。配售股份約佔經
+擴大已發行H股數目的約4.55%及配售股份配發及發
+行後經擴大已發行股份總數的約1.72%。所配售之
+配售股份的總面值為人民幣50,000,000元。配售人
+包括不少於六名承配人,為獨立專業、機構及/或
+其他投資者(彼等及其最終實益擁有人為獨立於本公
+司、本公司之關連人士、本公司或其任何附屬公司
+之任何董事、監事、最高行政人員或主要股東或彼
+等各自之聯繫人並概無關連的第三方)。配售事項已
+於二零二一年十一月八日完成,配售事項的詳情於
+本公司日期為二零二一年十一月一日及二零二一年
+十一月八日的公告中披露。
+88
+As at 30 June 2021, the net proceeds from the Placing have
+been fully utilised as intended and there was no material change
+between the intended and actual use of proceeds.
+BYD Company Limited
+2.
+。
+在該513,623,850股A股之中,不包含王傳福先
+生通過易方達資產比亞迪增持1號資產管理計劃
+持有的3,727,700股A股股份;
+在該394,378,222股A股之中,239,228,620
+股A股由呂向陽先生以個人身份持有及
+155,149,602股A股由融捷投資控股集團有限公
+司(融捷投資,前稱為廣州融捷投資管理集團
+有限公司)持有。融捷投資則由呂向陽先生及
+其配偶分別持有89.5%股權及10.5%股權,因
+此根據證券及期貨條例,呂向陽先生被視為於
+155,149,602股A股中擁有權益。
+H shares of RMB1.00 each
+Name
+姓名
+Wang Chuan-fu (Director)
+Xia Zuo-quan (Director)
+王傳福(董事)
+夏佐全(董事)
+(L) - Long Position
+Note:
+每股人民幣1.00元之H股
+Approximate
+percentage of
+shareholding
+in total issued
+H shares (%)
+持股量佔已發行
+Approximate
+percentage of
+shareholding
+in total issued
+share capital
+(%)
+持股量佔已發行
+Number of
+(L) - 好倉
+(附註)
+(Note)
+500,000 (L)
+0.02%
+0.05%
+2.
+0.03%
+1,000,000 (L)
+概約百分比(%)
+股本總額的
+H股總數的
+概約百分比(%)
+H股數目
+H shares
+0.09%
+Of the 394,378,222 A shares, 239,228,620 A shares were held
+by Mr. Lv Xiang-yang in his personal capacity and 155,149,602
+A shares were held by Youngy Investment Holding Group
+Co.,Ltd.(融捷投資控股集團有限公司) (“Youngy Investment”,
+formerly known as Guangzhou Youngy Management &
+Investment Group Company Limited). Youngy Investment was
+in turn held by Mr. Lv Xiang-yang and his spouse as to 89.5%
+and 10.5% of equity interests, respectively. Mr. Lv Xiang-yang
+was therefore deemed to be interested in the 155,149,602 A
+shares under the SFO.
+2.
+1.
+21.75%
+(L) - 好倉 (S) - 淡倉(P)-可供借出的股份
+呂向陽(董事)
+Lv Xiang-yang (Director)
+(附註1)
+(Note 1)
+13.55%
+28.33%
+概約百分比(%)
+股本總額的
+持股量佔已發行
+in total issued
+share capital
+(%)
+Approximate
+percentage of
+shareholding
+in total issued
+A shares (%)
+持股量佔已發行
+A股總數的
+概約百分比(%)
+17.64%
+附註:
+(Note 2)
+(附註2)
+夏佐全(董事)
+The 513,623,850 A shares did not include the 3,727,700 A
+shares held by Mr. Wang Chuan-fu in No.1 Assets Management
+Plan through E Fund BYD;
+1.
+附註:
+Notes:
+董事會報告
+Report of the Directors
+Xia Zuo-quan (Director)
+比亞迪股份有限公司
+BYD Company Limited
+(L) - 好倉
+(L) - Long Position
+2.84%
+4.56%
+82,635,607 (L)
+80
+Of the 500,000 H shares, 195,000 H shares were held by Mr. Xia Zuo-
+quan as a beneficial owner and 305,000 H shares were held by Sign
+Investments Limited, which was wholly owned by Mr. Xia Zuo-quan.
+於500,000股H股中,夏佐全先生以實益擁有人身份持
+有195,000股H股,而由夏佐全先生全資擁有的Sign
+Investments Limited則持有305,000股H股。
+Annual Report 2021
+二零二一年年報
+Approximate
+percentage of
+shareholding
+in total issued
+H shares (%)
+持股量佔已發行
+H 股總數的
+概約百分比(%)
+H股數目
+名稱
+Name
+H shares
+Approximate
+percentage of
+shareholding
+Number of
+H shares of RMB1.00 each
+2.
+董事會報告
+Report of the Directors
+比亞迪股份有限公司
+82
+2. 每股面值人民幣1.00元的H股
+BYD Company Limited
+in total issued
+share capital
+(%)
+Berkshire Hathaway Inc. (Note 1)
+Berkshire Hathaway Energy (Note 1)
+Western Capital Group LLC (Note 1)
+BlackRock, Inc. (Note 2)
+106,500 (S)
+1.89%
+5.01%
+54,957,313 (L)
+7.73%
+20.49%
+持股量佔已發行
+股本總額的
+概約百分比(%)
+225,000,000 (L)
+20.49%
+225,000,000 (L)
+7.73%
+20.49%
+225,000,000 (L)
+Berkshire Hathaway Inc. (1)
+Berkshire Hathaway Energy (1)
+Western Capital Group LLC (1)
+BlackRock, Inc. (2)
+7.73%
+Approximate
+percentage of
+shareholding
+融捷投資由本公司非執行董事呂向陽先生擁有89.5%權
+益。因此,根據證券及期貨條例,呂先生被視為於融捷
+投資持有的155,149,602股A股中擁有權益。
+Youngy Investment is owned by Mr. Lv Xiang-yang, a non-executive
+Director of the Company, as to 89.5%.Mr. Lv is therefore deemed to
+Name
+Number of
+1. 每股人民幣1.00元的A股
+A shares of RMB1.00 each
+1.
+於二零二一年十二月三十一日,就本公司董事所
+知,以下人士(不包括本公司董事、監事及最高行政
+人員)於本公司股份及相關股份中擁有根據證券及期
+貨條例第XV部第2及3分部須向本公司及香港聯交所
+披露或根據證券及期貨條例第336條載入本公司存
+置的登記冊的權益或淡倉:
+名稱
+擁有須予知會權益的股東
+As at 31 December 2021,to the knowledge of the Directors of
+the Company, the following persons (other than the Directors,
+supervisors and chief executives of the Company) had interests
+or short positions in the shares and underlying shares of the
+Company which were required to be disclosed to the Company
+and the Hong Kong Stock Exchange under the provisions of
+Divisions 2 and 3 of Part XV of the SFO, or were required to be
+entered in the register kept by the Company pursuant to Section
+336 of the SFO:
+SHAREHOLDERS WITH NOTIFIABLE INTERESTS
+Saved as disclosed above, as at 31 December 2021, none of the
+Directors, supervisors or chief executives of the Company had
+any interest or short position in the shares, underlying shares or
+debentures of the Company or any of its associated corporations
+(within the meaning of Part XV of the SFO) which was required
+to be (a) recorded in the register to be kept by the Company
+pursuant to Section 352 of the SFO; or (b) notified to the Company
+and the Hong Kong Stock Exchange pursuant to the Model Code
+for Securities Transactions by Directors of Listed Issuers.
+董事會報告
+Report of the Directors
+81
+除上述披露者外,於二零二一年十二月三十一日,
+概無本公司董事、監事或最高行政人員於本公司或
+其任何相聯法團(定義見證券及期貨條例第XV部)的
+股份、相關股份或債權證中擁有權益或淡倉而須(a)
+記錄於本公司根據證券及期貨條例第352條存置的
+登記冊內;或(b)根據上市公司董事進行證券交易的
+標準守則須知會本公司及香港聯交所。
+be interested in the 155,149,602 A shares held by Youngy Investment
+under the SFO.
+A shares
+A股數目
+融捷投資(附註)
+5.33%
+8.56%
+概約百分比(%)
+股本總額的
+持股量佔已發行
+in total issued
+share capital
+(%)
+Youngy Investment (Note)
+Approximate
+percentage of
+shareholding
+Approximate
+percentage of
+shareholding
+附註:
+Note:
+(L) - 好倉
+(L) - Long Position
+155,149,602 (L)
+in total issued
+A shares (%)
+持股量佔已發行
+A 股總數的
+概約百分比(%)
+Number of
+513,623,850 (L)
+王傳福(董事)
+董事、彼等的緊密聯繫人或任何股東(指據董事所知
+擁有本公司5%以上已發行股本的股東)並無於上述
+的任何主要供應商或客戶中擁有任何權益。
+關聯方交易
+本集團年內從事的關聯方交易概況載列於財務報表
+附註47(a)、(b)及(c)。該等關聯方交易並不構成上
+市規則第14A章界定的本集團的關連交易。
+於二零二一年四月八日,本公司全資附屬公司
+Golden Link Worldwide Limited ([Golden Link]
+作為認購人)與基金AGIC Fund II L.P.(由AGIC GP
+II Limited(「普通合夥人」)行事)訂立認購協議(「該
+協議」)。據該協議,Golden Link同意向基金作出
+120,000,000美元的認繳出資額,大約佔基金規模
+上限之8.63%,並獲接納為基金的有限合夥人。
+Golden Link的認繳出資額由其與普通合夥人經公平
+磋商後釐定,並經參考(其中包括)(i)基金的建議資
+金要求;(ii)基金前景;(iii)本集團可用財務資源;及
+(iv)基金規模上限。認繳出資額將以本集團的內部資
+源撥付。
+Annual Report 2021
+二零二一年年報
+33.62%
+85
+董事會報告
+The Board (including the independent non-executive Directors)
+is of the view that, the participation in the investment fund by the
+Company allow the Group to invest in industry-leading scientific
+enterprises in the world and obtain long-term investment returns,
+by leveraging the industry research and resource integration
+capabilities of international professional investment institutions,
+and also to extend the Company's reach in industrial investments,
+facilitate the synergistic development between the Company's
+investment and principal business activities, enhance the overall
+risk-resistance capability of the Company and promote the
+virtuous cycle of the Company's global business.
+The Board (including the independent non-executive Directors)
+is also of the view that, the terms of the Agreement were
+determined after arm's length negotiations between Golden Link
+and the General Partner, which are fair and reasonable, and
+the Agreement was entered into on normal commercial terms,
+conducted in the ordinary and usual course of business of the
+Group and in the interests of the Company and the Shareholders
+as a whole.
+As Mr. Cai Hong-ping, a connected person of the Company
+by virtue of him being an independent non-executive Director,
+controls more than 30% of the issued share capital of the General
+Partner through his Family Trust, the General Partner is therefore
+an associate of Mr. Cai Hong-ping and a connected person
+of the Company. Accordingly, the subscription constitutes a
+connected transaction of the Company under Chapter 14A of the
+Listing Rules. As more than one applicable percentage ratios (as
+defined under Rule 14.07 of the Listing Rules) in relation to the
+subscription exceed 0.1% but are less than 5%, the Subscription
+is only subject to reporting and announcement requirements
+but are exempt from the independent shareholders' approval
+requirements pursuant to Chapter 14A of the Listing Rules.
+Save as described above, there was no connected transaction
+entered into by the Group for the year ended 31 December 2021
+which is required to be disclosed under the Listing Rules, and the
+Group has complied with the requirements under Chapter 14A of
+the Listing Rules.
+Report of the Directors
+董事會(包括獨立非執行董事)認為,本公司參與投
+資基金可借助國際化專業投資機構的行業研究、資
+源整合能力,投資於全球範圍內的科技龍頭企業,
+以獲取長期的投資回報,同時可以延伸公司產業投
+資觸角,促進公司投資與實業協同發展,加強公司
+整體抗風險能力並推動公司全球業務的良性循環。
+16.49%
+fund; (iii) financial resources available to the Group; and (iv) the
+-最大供應商
+- 五位最大供應商合計
+銷售額
+13.40%
+28.41%
+-最大客戶
+maximum fund size. The subscribed capital contribution will be
+funded by internal resources of the Group.
+- 五位最大客戶合計
+None of the directors, their close associates or any shareholder
+(who, to the knowledge of the Directors, owns more than 5% of
+the Company's issued share capital) had an interest in any of the
+major suppliers or customers noted above.
+RELATED PARTY TRANSACTIONS
+A summary of the related party transactions undertaken by the
+Group during the Year is set out in notes 47(a), (b) and (c) to
+the financial statements. Such related party transactions did not
+constitute connected transactions of the Group under Chapter
+14A of the Listing Rules.
+On 8 April 2021, Golden Link Worldwide Limited (“Golden Link”,
+as a Subscriber), a wholly-owned subsidiary of the Company,
+entered into the Subscription Agreement (the "Agreement") with
+a fund,AGIC Fund II L.P. (acting by AGIC GP II Limited (the
+“General Partner")),pursuant to which Golden Link agreed to
+make a subscribed capital contribution of US$120,000,000 to the
+fund,representing approximately 8.63% of the maximum fund
+size, and was accepted as the limited partner of the fund.
+The subscribed capital contribution of Golden Link was
+determined after arm's length negotiations between Golden Link
+and the General Partner with reference to, among others, (i) the
+proposed capital requirements of the fund; (ii) the prospect of the
+the five largest customers combined
+採購額
+董事會(包括獨立非執行董事)同時認為,該協議之
+條款乃由Golden Link與普通合夥人經公平磋商後
+釐定,屬公平合理,且該協議乃按正常商業條款訂
+立,於本集團一般及日常業務過程中進行,並符合
+本公司及其股東之整體利益。
+除以上所述,截至二零二一年十二月三十一日止年
+度,本集團並無任何根據上市條例所需披露之關連
+人士交易,且本集團已遵守上市規則第14A章的規
+定。
+Ernst & Young,the Company's international auditor, and Ernst
+& Young Hua Ming (LLP),the Company's domestic auditor,will
+retire. Resolutions will be proposed at the forthcoming AGM for
+Shareholders to consider and approve the termination of re-
+appointment of Ernst & Young as the international auditor of the
+Company for 2022 and appoint Ernst & Young Hua Ming (LLP) as
+the domestic auditor for 2022, respectively. The Company did not
+replace its auditor in the past three years.
+核數師
+本公司之國際核數師安永會計師事務所及境內核數
+師安永華明會計師事務所(特殊普通合夥)之任期將
+屆滿。將於召開的股東週年大會上討論終止續聘安
+永會計師事務所為本公司二零二二年度國際核數師
+及聘任安永華明會計師事務所(特殊普通合夥)為本
+公司二零二二年度境內核數師。本公司於過去三年
+未有更換核數師。
+Annual Report 2021
+二零二一年年報
+87
+AUDITORS
+Report of the Directors
+FUND RAISING AND USE OF PROCEEDS
+The Company entered into a placing agreement (the "Placing
+Agreement") with UBS AG Hong Kong Branch, Goldman Sachs
+(Asia) L.L.C. and China International Capital Corporation Hong
+Kong Securities Limited (together as Joint Global Coordinators
+and Placing Agents) on 21 January 2021 ("Placing Agreement
+Signing Date") in relation to the placing of 133,000,000 new
+H Shares of the Company. The Placing Price is HK$225.0 per
+Placing Share: (a) a discount of approximately 8.2% to the
+average closing price of approximately HK$245.2 per H Share as
+quoted on the Stock Exchange for the last 10 consecutive trading
+days up to and including 20 January 2021, being the last trading
+day before the Placing Agreement Signing Date; (b) a discount of
+approximately 6.9% to the average closing price of approximately
+HK$241.6 per H Share as quoted on the Stock Exchange for the
+last 5 consecutive trading days up to and including 20 January
+2021;and (c) a discount of approximately 7.8% to the closing
+price of HK$244.0 per H Share as quoted on the Stock Exchange
+on 20 January 2021. The Placing Shares represent approximately
+14.54% of the existing number of H Shares in issue,being
+915,000,000 H Shares, and approximately 4.88% of the number
+of total issued Shares as at the Placing Agreement Signing
+Date. The Placing Shares represent approximately 12.69% of
+the number of issued H Shares and approximately 4.65% of the
+number of total issued Shares, in each case, as enlarged by the
+allotment and issue of the Placing Shares. The aggregate nominal
+value of the Placing Shares under the Placing is RMB133,000,000.
+The Placing Agents placed the Placing Shares to not less than
+six Placees who are independent professional, institutional and/
+or other investors (they and their ultimate beneficial owners are
+third parties not connected with the Company, connected persons
+of the Company and any of the Directors, supervisors, chief
+executive or substantial shareholder(s) of the Company or any
+of its subsidiaries or their respective associates). The Placing
+was completed on 28 January 2021. Details of the Placing were
+disclosed in the Company's announcements dated on 21 January
+2021 and 28 January 2021.
+The aggregate gross proceeds from the Placing are approximately
+HK$29,925_million and the net proceeds (after deduction of the
+commissions and estimated expenses) from the Placing are
+approximately_HK$29,801 million; the net price (after deduction
+of the commissions and estimated expenses) raised per H Share
+is approximately HK$224.1. The net proceeds from the Placing
+were intended to be used by the Group to supplement its working
+capital, repay interest-bearing debt, invest in research and
+development and as general corporate purpose.
+籌集資金及所得款項用途
+本公司與UBS AG Hong Kong Branch、 高盛(亞
+洲)有限責任公司及中國國際金融香港證券有限公
+司(作為聯席全球協調人及配售代理)於二零二一年
+一月二十一日(「配售協議簽署日」)訂立了配售協
+議(「配售協議」),有關配售本公司133,000,000股
+新H股。每股配售股份的配售價225.0港元:(a)較
+聯交所所報二零二一年一月二十日前(即配售協議
+簽署日前最後一個交易日,含該日)最後連續十個
+交易日之平均收市價每股H股約245.2港元折讓約
+8.2%;(b)較聯交所所報二零二一年一月二十日前
+(含該日)最後連續五個交易日之平均收市價每股H
+股約241.6港元折讓約6.9%;及(c)較二零二一年一
+月二十日於聯交所所報之收市價每股H股244.0港元
+折讓約7.8%。配售股份相當於配售協議簽署日已發
+行915,000,000股H股的約14.54%,及於配售協議
+簽署日已發行股份總數的約4.88%。配售股份約佔
+經擴大已發行H股數目的約12.69%及配售股份配發
+及發行後經擴大已發行股份總數的約4.65%。所配
+售之配售股份的總面值為人民幣133,000,000元
+配售人包括不少於六名承配人,為獨立專業、機構
+及/或其他投資者(彼等及其最終實益擁有人為獨
+立於本公司、本公司之關連人士、本公司或其任何
+附屬公司之任何董事、監事、最高行政人員或主要
+股東或彼等各自之聯繫人並概無關連的第三方)。配
+售事項已於二零二一年一月二十���日完成,配售事
+項的詳情於本公司日期為二零二一年一月二十一日
+及二零二一年一月二十八日的公告中披露。
+董事會報告
+由於蔡洪平先生(彼為本公司獨立非執行董事而為本
+公司關連人士)透過其家族信託控制普通合夥人已發
+行股本的30%以上,因此,普通合夥人為蔡洪平先
+生之聯繫人及本公司關連人士。因此,根據上市規
+則第14A章,認購事項構成本公司的關連交易。由
+於多於一項有關認購事項之適用百分比率(定義見上
+市規則第14.07條)超過0.1%但低於5%,根據上市
+規則第14A章,認購事項僅須遵守申報及公告的規
+定,惟可豁免遵守獨立股東批准的規定。
+每位獨立非執行董事已提供書面確認函,確認其根
+據上市規則第3.13條規定,對本公司的獨立性。經
+評估後,本公司認為各獨立非執行董事均為獨立人
+士。
+於本報告日期,根據本公司可從公開途徑取得的資
+料以及就董事所知,董事確認本公司的公眾持股量
+符合上市規則的規定。
+BYD Company Limited
+86
+比亞迪股份有限公司
+Report of the Directors
+董事會報告
+EVENTS AFTER THE REPORTING PERIOD
+確認獨立性
+Details of significant subsequent events of the Group are set out
+in note 53 of the financial statements.
+本集團之重大結算日後事項詳情載於財務報表附註
+53°
+SUFFICIENCY OF PUBLIC FLOAT
+Based on the information that is publicly available to the Company
+and within the knowledge of its directors as at the date of this
+report, the Directors confirm that the Company had sufficient
+public float as required by the Listing Rules.
+CONFIRMATION OF INDEPENDENCE
+Each independent non-executive director has provided a written
+statement confirming his/her independence to the Company
+pursuant to Rule 3.13 of the Listing Rules. The Company assessed
+that each independent non-executive director continues to be
+independent.
+公眾持股量的足夠性
+報告期後事項
+配售所得款項總額約為29,925百萬港元,於扣除
+佣金和估計費用後,配售所得款項淨額預計約為
+29,801百萬港元;每股H股所籌集之淨額(扣除佣金
+和估計費用後)約為224.1港元。配售所得款項淨額
+擬用作本集團補充營運資金、償還帶息債務、研發
+投入以及一般企業用途。
+- the largest customer
+- the five largest suppliers combined
+Berkshire Hathaway Inc. and Berkshire Hathaway Energy
+Company (formerly known as MidAmerican Energy Holdings
+Company) were deemed to be interested in 225,000,000 H
+shares (L) through Western Capital Group LLC, its indirectly
+controlled corporation and whole-owned company for
+225,000,000 H shares directly held by it, respectively.
+1.
+2.
+The interests of BlackRock, Inc. were held through its various
+controlled corporations, and of which 267,500 long positions
+were cash settled unlisted derivatives, and 106,500 short
+positions were cash settled unlisted derivatives.
+<0.01%
+The total issued share capital of the Company as at 31 December
+2021 was RMB2,911,142,855, divided into 1,813,142,855 A shares
+of RMB1.00 each and 1,098,000,000 H shares of RMB1.00 each,
+all fully paid up.
+1.
+Berkshire Hathaway Inc. & Berkshire
+Hathaway Energy Company (
+BlackRock,Inc.的權益乃通過其各控制公司持
+有,其中267,500股好倉為現金結算非上市衍
+生工具,及106,500股淡倉為現金結算非上市
+衍生工具。
+於二零二一年十二月三十一日,本公司已發
+行股本總額為人民幣2,911,142,855元,分為
+1,813,142,855股每股面值人民幣1.00元的A股及
+1,098,000,000股每股面值人民幣1.00元的H股,全
+部均為實收資本。
+Annual Report 2021
+二零二一年年報
+83
+Report of the Directors
+董事會報告
+MidAmerican Energy Holdings Company)
+分別被視為透過其間接控制公司及全資持有公
+司Western Capital Group LLC所直接持有的
+225,000,000股H股,於225,000,000股H股(L)
+之中擁有權益。
+PERMITTED INDEMNITY PROVISION
+附註:
+(L) Long Position (S) – Short position (P) - Lending pool
+Wang Chuan-fu (Director)
+A shares
+A股數目
+姓名
+Name
+每股人民幣1.00元之A股
+於二零二一年十二月三十一日,本公司董事、監事
+及最高行政人員各自於本公司或任何相聯法團(定義
+見香港法例第571章證券及期貨條例(「證券及期貨
+條例」)第XV部)的股份、相關股份及債券中擁有根
+據證券及期貨條例第XV部第7及8分部須知會本公司
+及香港聯合交易所有限公司(「香港聯交所」)的權益
+及淡倉(包括根據證券及期貨條例有關條文持有或被
+視為擁有的權益),或根據證券及期貨條例第352條
+須記錄於指定登記冊,或根據香港聯交所證券上市
+規則的上市公司董事進行證券交易的標準守則須知
+會本公司及香港聯交所的權益(就此目的而言,證券
+及期貨條例的相關條文將詮釋為適用於監事)如下:
+Note:
+董事、監事及最高行政人員的權���
+As at 31 December 2021,the interests and short positions of
+each of the directors, supervisors and chief executives of the
+Company in the shares, underlying shares and debentures of the
+Company or any associated corporation (within the meaning of
+Part XV of the Securities and Futures Ordinance (Cap 571 of the
+Laws of Hong Kong) (“SFO”)) which were required to be notified
+to the Company and The Stock Exchange of Hong Kong Limited
+(the“Hong Kong Stock Exchange") pursuant to Divisions 7 and
+8 of Part XV of the SFO (including interests which he is taken
+or deemed to have under such provisions of the SFO) or were
+required,pursuant to Section 352 of the SFO, to be entered into
+the register referred to therein, or which were required, pursuant
+to the Model Code for Securities Transactions by Directors of
+Listed Issuers under the Rules Governing the Listing of Securities
+on the Hong Kong Stock Exchange to be notified to the Company
+and the Hong Kong Stock Exchange (for this purpose, the relevant
+provisions of the SFO will be interpreted as if they applied to the
+supervisors) were as follows:
+DIRECTORS', SUPERVISORS' AND CHIEF
+EXECUTIVES' INTERESTS
+董事會報告
+Report of the Directors
+79
+Annual Report 2021
+二零二一年年報
+A shares of RMB1.00 each
+Sales
+At no time during the financial year and up to the date of this
+report, there was or is, any permitted indemnity provision being
+in force for the benefit of any of the directors of the Company
+(whether made by the Company or otherwise) or an associated
+company (if made by the Company).
+MANAGEMENT CONTRACTS
+現時本集團的各中國附屬公司參與一些由中國當地
+省市政府機關籌辦的定額供款退休福利計劃(「該等
+計劃」),據此,本集團須按合資格僱員薪金的適用
+比率向該等計劃作出供款。地方政府機關就應付退
+休僱員的全部退休金承擔責任。
+除上述供款外,本集團並無其他的重大退休金福利
+付款責任。
+BYD Company Limited
+84
+比亞迪股份有限公司
+Report of the Directors
+退休計劃
+董事會報告
+The percentage of purchases and sales for the year ended 31
+December 2021 attributable to the Group's major suppliers and
+customers are as follows:
+主要客戶及供應商
+本集團的主要供應商及客戶佔截至二零二一年十二
+月三十一日止年度的採購額及銷售額百分比如下:
+Purchases
+the largest supplier
+MAJOR CUSTOMERS AND SUPPLIERS
+Pursuant to the Company's Articles of Association, the Company
+may take out liability insurance for the Directors and other senior
+management members with the content of the shareholders'
+general meeting to provide appropriate cover for them.
+二零零九年九月,本集團控股股東王傳福先生簽署
+《不競爭承諾》,向本公司確認其遵守不參與競爭事
+業的承諾。董事(包括獨立非執行董事)已審核遵守
+情況並確認控股股東已遵守不競爭契約的所有承諾。
+in respect of all the pensions payable to retired staff.
+No contract concerning the management or administration of the
+whole or any substantial part of the business of the Company was
+entered into or existed during the year ended 31 December 2021.
+COMPETING BUSINESS
+During the financial year, no director acquired benefits by
+engaging in business that competes with that of the Company or
+its subsidiaries.
+獲准許之彌償條文
+於本財政年度及直至本報告日期止任何時間,概不
+存在任何以本公司任何董事(不論是否由本公司或以
+其他方式制定)或聯營公司(倘由本公司制定)為受
+益人的獲准許彌償條文。
+根據本公司公司章程,經股東大會批准,本公司可
+以為董事和其他高級管理人員購買責任保險,為彼
+等提供適當保障。
+Save for the above contributions, the Group does not have any
+other major payment obligation in respect of pension benefits.
+管理合約
+競爭業務
+於本財政年度,概無董事從事與本公司或其任何附
+屬公司競爭業務中取得利益。
+In September 2009,Mr. Wang Chuan-fu, the controlling
+shareholder of the Group, signed the Non-competition
+Undertakings to confirm with the Company that he would abide
+by the undertaking of not engaging in business that competes
+with that of the Company. Directors, including independent
+non-executive directors, have examined his compliance and
+confirmed that the controlling shareholder has abided by all the
+undertakings.
+RETIREMENT SCHEME
+Currently, all PRC subsidiaries of the Group participate in defined
+contribution retirement schemes (the “Schemes") launched by
+local provincial and municipal governments in China, pursuant
+to which the Group makes contributions to the Schemes in
+accordance with the applicable percentage of the salary of
+eligible staff. Local government authorities assume the obligation
+截至二零二一年十二月三十一日止年度,本公司並
+無就整體業務或任何重要業務的管理或行政工作簽
+訂或存有任何合約。
+394,378,222 (L)