SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD.
FULL TEXT OF THIRD QUARTERLY REPORT OF 2014PartⅠImportant Notice
The directors, supervisors and senior management guarantee that there are no omissions, misstatement, or misleading information in this quarterly report. The directors, supervisors and senior management are responsible, individually and jointly, for the authenticity, accuracy and integrity of the information herein.
All directors attended the board meeting.
Mr. Tian Junyan, Chairman of the Board, Mdm. Yu Zhongxia, Deputy General Manager&Financial Controller and Mdm. Sun Yuhui, Financial Manager, all guarantee the authenticity and integrity of the financial result in this report.
The report is written in both Chinese and English. In case of conflict between the two versions, Chinese version shall prevail.
PARTⅡ Major Accounting Data and Change of ShareholdersⅠ. Major Accounting Data
Retroactive Adjustment
□ Yes √ No
|||||||
|-|-|-|-|-|-|
||September 30, 2014|December 31, 2013||Change（%）||
|Total Assets(RMB)|5,012,504,096.17|4,501,064,624.96||11.36%||
|Owner‟s Equity Attributed to|1,653,688,242.40|1,472,986,548.28||||
|||||12.27%||
|Shareholders of Listed Company(RMB)||||||
||||January to|||
||July to September, 2014|Change（%）|||Change（%）|
||||September, 2014|||
|Operating Revenue(RMB)|186,383,080.08|4.35%|536,655,057.72||6.58%|
|Net Profit Attributed to Shareholders of|59,679,354.56||179,404,474.85|||
|||12.02%|||18.84%|
|Listed Company (RMB)||||||
|Net profit after deducting non-recurring||||||
||59,178,075.39|12.04%|175,130,341.48||17.88%|
|gains& losses(RMB)||||||
|Net Cash Flows from Operating|||281,669,655.85|||
||--|--|||-11.78%|
|Activities(RMB)||||||
|Basic Earnings per Share (RMB/Share)|0.26|13.04%|0.78||20.00%|
|Diluted Earnings per Share (RMB/Share)|0.26|13.04%|0.78||20.00%|
|Weighted Average Return on Equity（%）|3.68%|Down 0.16|11.48%||Up 0.4|
|||percentage point|||percentage point|

 Items of Non-recurring Gains and Losses
√ Applicable□Inapplicable
|||
|-|-|
|Item|January to September, 2014|
|Disposal of non-current assets, including the part offset with the provision for||
||6,736.19|
|impairment of assets||
|Government grants recognized in current year‟s profit or loss (except for the||
|fixed or quantitative government grants closely related to the enterprise|4,607,860.81|
|businesses according to the national unified standard)||
|Other non-operating revenue and expenditure excluding the above-mentioned||
||2,174,887.35|
|items||
|Less: Influence on income tax|1,697,371.09|
|Influence on minority interest (after tax)|817,979.89|
|Total|4,274,133.37|

 For theCompany„s non-recurring gain/loss items as defined in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No. 1 on Information Disclosure for Companies Offering their Securities to the Public– Non-recurring Gains and Losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Inapplicable
Ⅱ. Number of Shareholders and Shares Held by Top Ten Shareholders
1. Number of Shareholders and Shares Held by Top Ten Shareholders
|||||||||||
|-|-|-|-|-|-|-|-|-|-|
|Total Shareholders|7,037|||||||||
|Top Ten Common Shareholders||||||||||
||||||Total||Impawned or|||
|||||Ratio||Non-tradable||||
|Name（full name）||Nature|||Shares||Frozen Shares|||
|||||（％）||Shares Held||||
||||||Held||Status||Shares|
|CHINA NANSHAN DEVELOPMENT (GROUP)INCORPORATION||Domestic LegalPerson||51.79%|119,420,000|119,420,000||||
||||||||-||0|
|China Logistics Holding (12) PTE.LTD.||Foreign LegalPerson||19.90%|45,890,000|0||||
||||||||-||Unknown|
|CHINA MECHANTS SECURITIES (HONGKONG)LTD||State-ownedLegal Person||1.46%|3,361,068|0||||
||||||||-||Unknown|
|MATTHEWS CHINA DIVIDEND FUND||Foreign LegalPerson||0.81%|1,861,968|0||||
||||||||-||Unknown|
|GUOTAI JUNAN SECURITIES(HONGKONG)LIMITED||Foreign LegalPerson||0.55%|1,275,742|0||||
||||||||-||Unknown|
|GREENWOODS CHINA ALPHA MASTER FUND||Foreign LegalPerson||0.43%|984,693|0||||
||||||||-||Unknown|
|DEUTSCHE BANK AG LONDON||Foreign LegalPerson||0.36%|833,136|0||||
||||||||-||Unknown|
|VANGUARD TOTAL INTERNATIONAL STOCKINDEX FUND||Foreign LegalPerson||0.33%|756,136|0||||
||||||||-||Unknown|
|LI SHU CHUN||DomesticNatural Person||0.30%|681,720|0||||
||||||||-||Unknown|
|CHINA INT'L CAPITAL CORP HONG KONGSECURITIES LTD||Foreign LegalPerson||0.27%|631,089|0||||
||||||||-||Unknown|
|Top Ten Tradable Shareholders||||||||||
||||Tradable Shares|||Type and Shares||||
|Name（full name）||||||||||
||||Held|||Type||Shares||
|China Logistics Holding (12) PTE.LTD.|||45,890,000|||B||45,890,000||
|CHINA MECHANTS SECURITIES (HONGKONG) LTD|||3,361,068|||B||3,361,068||
|MATTHEWS CHINA DIVIDEND FUND|||1,861,968|||B||1,861,968||
|GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED|||1,275,742|||B||1,275,742||
|GREENWOODS CHINA ALPHA MASTER FUND|||984,693|||B||984,693||
|DEUTSCHE BANK AG LONDON|||833,136|||B||833,136||
|VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND|||756,136|||B||756,136||
|LI SHU CHUN|||681,720|||B||681,720||
|CHINA INT'L CAPITAL CORP HONG KONG SECURITIES LTD|||631,089|||B||631,089||
|LI MING YA|||599,380|||B||599,380||
||||Among the top ten shareholders, the domestic|||||||
||||legal entity shareholder, China Nanshan|||||||
||||Development (Group) Incorporation has no|||||||
||||affiliated relations with other shareholders and|||||||
|Explanation for the Affiliated Relations or United Action of|||does not fall into the scope of united action person|||||||
|the Top Ten Shareholders|||stipulated by “Regulation of Information|||||||
||||Disclosure of the Change of Shareholding of listed|||||||
||||company”. It is unknown that whether other|||||||
||||tradable-share shareholders fall into the scope of|||||||
||||united action person.|||||||

Whether shareholders appointed repurchase transaction during reporting period
□ Yes√ No
2. Preferred Shares
□ Applicable√ Inapplicable
PartⅢ Significant Events
Ⅰ. Explanation on the Significant Changes for Main Accounting Data and Financial Indicators.
√ Applicable□Inapplicable
Unit: RMB
|||||||
|-|-|-|-|-|-|
|No.|Item|3rd Quarter of2014|3rd Quarter of2013|Change(%)|Note|
|||September30,2014|January 1, 2014|||
|1|Accounts Receivable|75,681,836.50|55,359,989.14|36.71%|Mainly due to deferred payment for oilclients.|
|2|Accounts Prepayment|849,864.45|552,431.59|53.84%|Mainly due to insurance prepayment|
|3|Accrued Interest Receivable|-|4,797,363.01|-100.00%|Mainly due to receiving accrued interestincurred from financing products|
|4|Dividends Receivable|-|48,000,000.00|-100.00%|Mainly due to receiving cash dividends fromCSE|
|5|Construction-in-progress|713,296,654.26|376,118,459.02|89.65%|Mainly due to construction payment forNanjing, Nantong, Wuhan and Guangzhou(Plot A) projects.|
|6|Other Non-Current Assets|93,973,621.51|17,273,362.26|444.04%|Mainly due to land prepayment for Xi‟an andXianyang projects.|
|7|Short-term Loans|300,000,000.00|-|100.00%|Mainly due to newly short-term loans fromCNDI|
|8|Accrued Interest Payable|83,422,299.05|28,339,479.77|194.37%|Mainly due to interests provision from loans,medium-term notes and corporate bonds|
|9|Other Payables|315,523,307.42|235,814,254.97|33.80%|Mainly due to increasing constructionpayment in progress.|
|10|Current Portion ofNon-current Liabilities|1,349,351.16|311,049,351.16|-99.57%|Mainly due to repayment bank loans atmaturity|
|11|Long-term Loans|356,653,760.88|185,443,647.96|92.32%|Mainly due to newly bank loans|
|12|Special Reserves|3,919,950.08|2,622,730.81|49.46%|Mainly due to safety production provision|
|13|Non-operating Income|6,721,594.80|3,247,301.92|106.99%|Mainly due to increasing government grantsfor Blogis|
|14|Tax Refunds|1,277,883.87|526,295.84|142.81%|Mainly due to increasing tax support funds forBlogis.|
|15|Taxes and Dues|99,794,864.85|71,603,319.38|39.37%|Mainly due to income tax policy adjustmentby Shanghai Baowan|
|16|Cash from InvestmentIncome|48,000,000.00|22,400,000.00|114.29%|Mainly due to increasing cash dividends fromCSE at period.|
|17|Cash Paid for Constructionof Fixed Assets, IntangibleAssets and Other Long-termAssets|504,530,549.18|368,914,750.08|36.76%|Mainly due to land payment for Xi‟an andXianyang and construction payment forNanjing, Nantong, Wuhan and Guangzhou(Plot A) projects|
|18|Cash Paid for OtherInvesting-related Activities|2,196,990,000.00|3,270,610,000.00|- 32.83%|Mainly due to recycling financing products|
|19|Cash Received fromBorrowings|171,860,112.92|34,054,754.29|404.66%|Mainly due to newly bank loans.|

|||||||
|-|-|-|-|-|-|
|20|Cash from OtherFinancing-related Activities|327,348,887.85|10,191,405.21|3112.01%|Mainly due to newly loans from CNDI.|
|21|Cash Paid for Dividends orInterests|45,363,194.22|76,605,759.89|-40.78%|Mainly due to dividends distribution lastperiod|
|22|Cash Paid for OtherFinancing-related Activities|11,434,721.76|6,600,883.35|73.23%|Mainly due to guarantee payment forcorporate bonds.|

Impacts from New Accounting Standards for Businesses on the consolidated financial statements
According to the requirement of “Accounting Standards for Business Enterprises No. 9- Employee Benefit” revised in May 2014, outside employees, without signing contracts with the enterprise or employed by the enterprise officially, but rendering service similar to the staff employed by the enterprise, should be part of the enterprise employees. As well, it should involve the staff from labor service intermediary agent company with which the enterprise signed contract. Outside employee remuneration is recognized as outsourcing service before the new requirement issuing, and currently it should be recognized as employee benefit. The adjustment is as following:
1. Originally, accrued outside employee remuneration is recognized as accounts payable/other payable, and currently should be adjusted to payroll payable. As the end of September, the balance of the accrued outside employee remuneration for the Company is zero, therefore no adjustment is needed.
2. Originally, cash flow for the payment of outside employee remuneration is recognized as cash paid for purchasing of goods and services, and currently should be adjusted to cash paid for staff. The adjustment is as followed:
|||||||
|-|-|-|-|-|-|
|||From January to September in2014||From January to September in2013||
|||BeforeAdjustment|AfterAdjustment|BeforeAdjustment|AfterAdjustment|
|Consolidated CashFlow Statement|Cash Paid for Purchasing of Goods&Services|94,610,638.37|80,293,665.41|71,965,696.56|64,713,708.34|
||Cash Paid for Staffs|64,733,114.68|79,050,087.64|60,177,377.65|67,429,365.87|
|Parent Cash FlowStatement|Cash Paid for Purchasing of Goods&Services|59,064,907.99|50,632,428.29|48,666,212.78|44,851,779.08|
||Cash Paid for Staffs|37,006,707.04|45,439,186.74|34,665,811.55|38,480,245.25|

Ⅱ. Significant Event and its Impact
□ Applicable√ Inapplicable
Ⅲ. Fulfillment of Commitment by Shareholders with More than5% Shares
|||||||
|-|-|-|-|-|-|
|Commit||||||
||Promisee|Content|Beginning|Term|Status|
|ments||||||
||Nanshan|||Subsisting contract||
|||commitment for land use|1997-7-18||On duty|
||Group|||period||
|||resolving payment difficulties by||||
||Nanshan|||Subsisting contract||
|||China Development Finance|2012-5-11||On duty|
||Group|||period||
|||Company Limited||||
|Other||||||
|||providing regular monthly financial||||
|Commit|The|||||
|||statements to the controlling|2007-10-25|Long-term effective|On duty|
|ments|Company|||||
|||shareholder||||
||The|issuance of "Medium-term Notes||Subsisting contract||
||||2012-3-7||On duty|
||Company|for 2012"||period||
||The|issuance of "12 Base Bonds"||Subsisting contract||
||||2012-12-17||On duty|
||Company|commitment||period||
|Fulfill||||||
|commit||||||
||Yes|||||
|ments||||||
|timely||||||

Ⅳ. Prediction of Business Performance for Year 2014
□Applicable√Inapplicable
Ⅴ. Stock Investment
□Applicable√Inapplicable
Other Listed Company Held
□Applicable√Inapplicable
VI. Investment of Financial Derivatives
□Applicable√Inapplicable
VII. Reception of Investors and Medias
|||||||
|-|-|-|-|-|-|
||||||Topics Discussed and|
|Date|Place|Method|Type|Name||
||||||Documents Provided|
||Conference||||Business operation and|
||Room at||||development for|
|July 21, 2014||Field Research|Person|Mr. Ju||
||Shanghai||||Shanghai Baowan. No|
||Baowan||||documents provided|

PartⅣ Financial Statements
Ⅰ. Financial Statements
1、Consolidated Balance Sheet
Sep 30 2014 Currency: RMB
||||
|-|-|-|
|Items|Ending Balance|Beginning Balance|
|Current Assets:|||
|Cash and Cash Equivalents|213,884,709.01|233,332,680.86|
|Deposit Reservation for Balance|||
|Lendings to Banks and Other Financial Institutions|||
|Held for Trading Financial Assets|||
|Notes receivable|||
|Accounts Receivable|75,681,836.50|55,359,989.14|
|Accounts Prepayment|849,864.45|552,431.59|
|Insurance Premium Receivable|||
|Reinsurance Accounts Receivable|||
|Reinsurance Reserve Receivable|||
|Accrued Interest Receivable||4,797,363.01|
|Dividend Receivable||48,000,000.00|
|Other Receivables|61,404,774.86|61,658,096.81|
|Redemptory Monetary Capital for Sale|||
|Inventories|985,709.53|996,356.55|
|Current Portion of Non-current Assets|||
|Other Current Assets|550,000,000.00|547,610,000.00|
|Sub-total Current Assts|902,806,894.35|952,306,917.96|
|Non-current Assets|||
|Disbursement of Entrust Loans and Advance|||
|Financial Assets Available for Sale|||
|Held-to-maturity Investment|||
|Long-term Accounts Receivable|||
|Long-term Investment on Stocks|516,500,501.31|476,253,695.39|
|Investment Real Estate|928,358,169.50|904,216,455.40|
|Fixed Assets|573,681,839.26|516,378,454.46|
|Construction-in-progress|713,296,654.26|376,118,459.02|
|Engineer Material|||
|Liquidation of Fixed Assets|42,311.73||
|Capitalized Biological Assets|||
|Oil and Gas Assets|||
|Intangible Assets|1,268,560,145.17|1,242,104,033.52|
|Development Expenditure|||
|Goodwill|||
|Long-term Deferred Expenses|||
|Deferred Income Tax Assets|15,283,959.08|16,413,246.95|
|Other Non-current Assets|93,973,621.51|17,273,362.26|
|Sub-total Non-current Assets|4,109,697,201.82|3,548,757,707.00|
|Total Assets|5,012,504,096.17|4,501,064,624.96|
|Current Liabilities|||

||||
|-|-|-|
|Short-term Loans|300,000,000.00||
|Borrowing from the Central Bank|||
|Accept Money Deposits and Call Loans from Banks|||
|Other Financial Institutions|||
|Transactional Monetary Liabilities)|||
|Notes Payable|||
|Accounts Payable|11,374,976.26|10,629,691.02|
|Down payment Received|6,241,815.49|6,130,153.26|
|Financial Assets Sold for Repurchase|||
|Commission Payable|||
|Payroll Payable|25,536,733.06|29,173,650.77|
|Tax Payable|38,092,344.78|47,821,808.03|
|Accrued Interest Payable|83,422,299.05|28,339,479.77|
|Dividend Payable|||
|Other Payables|315,523,307.42|235,814,254.97|
|Dividend Payable for Reinsurance|||
|Reserves for Insurance Contract|||
|Acting Trading Securities|||
|Acting Underwriting Securities|||
|Current Portion of Non-current Liabilities|1,349,351.16|311,049,351.16|
|Other Non-current Liabilities|||
|Sub-total Current Liabilities|781,540,827.22|668,958,388.98|
|Non-current Liabilities|||
|Long-term Loans|356,653,760.88|185,443,647.96|
|Bonds Payable|965,307,000.00|964,195,500.00|
|Long-term Accounts Payable|239,360,579.34|212,011,691.49|
|Special Accounts Payable|||
|Accrued liabilities|||
|Deferred Income Tax Liabilities|||
|Other Non-current Liabilities|718,054,247.29|719,066,260.66|
|Sub-total Non-current Liabilities|2,279,375,587.51|2,080,717,100.11|
|Total Liabilities|3,060,916,414.73|2,749,675,489.09|
|Owner's Equity( Shareholders‟ Equity)|||
|Paid-in Capital (Capital Stock)|230,600,000.00|230,600,000.00|
|Capital Reserves|234,141,186.09|234,141,186.09|
|Less : Treasury Stock|||
|Special Reserves|3,919,950.08|2,622,730.81|
|Surplus Reserves|292,196,407.57|284,684,747.72|
|General Risk Reserve|||
|Retained Earnings|892,830,698.66|720,937,883.66|
|Translation Reserve|||
|Total Chiwan Base Shareholders‟ Equity|1,653,688,242.40|1,472,986,548.28|
|Non-controlling interests|297,899,439.04|278,402,587.59|
|Total Shareholders‟ Equity|1,951,587,681.44|1,751,389,135.87|
|Total Liabilities and Equities|5,012,504,096.17|4,501,064,624.96|

Legal Representative: Chief financialofficer： Financialmanager：
2、Balance Sheet of the Company
Sep 30 2014 Currency: RMB
||||
|-|-|-|
|Items|Ending Balance|Beginning Balance|
|Current Assets:|||
|Cash and Cash Equivalents|159,191,713.71|59,429,719.52|
|Held for Trading Financial Assets|||
|Notes receivable|||
|Accounts Receivable|62,789,196.86|40,118,181.46|
|Accounts Prepayment|334,265.24|163,921.32|
|Accrued Interest Receivable||4,797,363.01|
|Dividend Receivable||48,000,000.00|
|Other Receivables|1,254,151,450.80|1,085,568,875.34|
|Inventories|625,614.66|747,075.29|
|Current Portion of Non-current Assets|||
|Other Current Assets|450,000,000.00|547,610,000.00|
|Sub-total Current Assts|1,927,092,241.27|1,786,435,135.94|
|Non-current Assets|||
|Financial Assets Available for Sale|||
|Held-to-maturity Investment|||
|Long-term Accounts Receivable|||
|Long-term Investment on Stocks|1,388,306,261.02|1,348,059,455.10|
|Investment Real Estate|109,217,530.45|106,792,020.08|
|Fixed Assets|70,504,920.01|74,973,379.32|
|Construction-in-progress|5,900,167.29|7,174,594.15|
|Engineer Material|26,370.88||
|Liquidation of Fixed Assets|||
|Capitalized Biological Assets|||
|Oil and Gas Assets|||
|Intangible Assets|313,175,191.21|325,806,871.10|
|Development Expenditure|||
|Goodwill|||
|Long-term Deferred Expenses|||
|Deferred Income Tax Assets|151,389.97|151,389.97|
|Other Non-current Assets|459,161.72|585,092.78|
|Sub-total Non-current Assets|1,887,740,992.55|1,863,542,802.50|
|Total Assets|3,814,833,233.82|3,649,977,938.44|
|Current Liabilities|||
|Short-term Loans|300,000,000.00||
|Transactional Monetary Liabilities|||
|Notes Payable|||
|Accounts Payable|11,148,194.20|9,934,722.92|
|Down payment Received|||
|Payroll Payable|18,683,526.24|19,641,409.26|
|Tax Payable|23,844,534.47|28,393,537.23|
|Accrued Interest Payable|83,422,299.05|28,301,589.75|
|Dividend Payable|||

||||
|-|-|-|
|Other Payables|58,386,583.05|65,217,657.24|
|Current Portion of Non-current Liabilities|1,349,351.16|311,049,351.16|
|Other Non-current Liabilities|||
|Sub-total Current Liabilities|496,834,488.17|462,538,267.56|
|Non-current Liabilities|||
|Long-term Loans|183,174,302.04|165,048,306.62|
|Bonds Payable|965,307,000.00|964,195,500.00|
|Long-term Accounts Payable|||
|Special Accounts Payable|||
|Accrued liabilities|||
|Deferred Income Tax Liabilities|||
|Other Non-current Liabilities|718,054,247.29|719,066,260.66|
|Sub-total Non-current Liabilities|1,866,535,549.33|1,848,310,067.28|
|Total Liabilities|2,363,370,037.50|2,310,848,334.84|
|Owner's Equity( Shareholders‟ Equity)|||
|Paid-in Capital (Capital Stock)|230,600,000.00|230,600,000.00|
|Capital Reserves|204,534,849.49|204,534,849.49|
|Less : Treasury Stock|||
|Special Reserves|3,799,451.50|2,533,941.99|
|Surplus Reserves|292,196,407.57|284,684,747.72|
|General Risk Reserve|||
|Retained Earnings|720,332,487.76|616,776,064.40|
|Translation Reserve|||
|Total Shareholders‟ Equity|1,451,463,196.32|1,339,129,603.60|
|Total Liabilities and Equities|3,814,833,233.82|3,649,977,938.44|

 Legal Representative: Chief financialofficer： Financialmanager：
3、Consolidated Income Statement QTD
From Jul 01 2014 to Sep 30 2014 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
|1. Gross Revenue|186,383,080.08|178,611,879.97|
|Incl. Operation Revenue|186,383,080.08|178,611,879.97|
|Interest Revenue|||
|Earned Premium|||
|Commission Revenue|||
|2. Total operating cost|128,461,876.31|131,918,227.89|
|Incl. Operating cost|66,949,869.96|66,897,851.63|
|Interest Expenses|||
|Commission Expenses|||
|Surrender Value|||
|Net Payments for Insurance Claims|||
|Net Provision for Insurance Contracts|||
|Expenditures Dividend Policy|||
|Amortized Reinsurance Expenditures|||
|Business Tax and Surcharge|6,601,828.31|7,438,852.36|
|Selling Expenses|103,231.92|204,042.00|
|Administrative Expenses|21,357,459.11|21,844,701.33|
|Financial Expenses|33,449,487.01|35,532,780.57|
|Assets Impairment Loss|||
|Plus: Fair Value change Income(“-” for net loss)|||
|Investment income(“-” for net loss)|23,118,584.60|22,146,148.03|
|Incl: Investment income from Associate and Joint venture|14,744,639.78|13,517,928.45|
|Exchange Earnings(“-” for net loss)|||
|3. Operating Profits(“-” for net loss)|81,039,788.37|68,839,800.11|
|Plus: Non-operating income|762,384.28|641,422.95|
|Less: non-operating expenses|54,720.77|49,210.16|
|Incl: Loss of Liquidation of non-current Assets||1,607.24|
|4. Total profit(“-” for net loss)|81,747,451.88|69,432,012.90|
|Less: Income taxes expenses|16,811,046.66|11,675,251.14|
|5. Net profit(“-” for net loss)|64,936,405.22|57,756,761.76|
|Incl: Net profit recognised before the merger|||
|Net Profit attributable to controlling interests|59,679,354.56|53,275,446.08|
|Net Profit attributable to non-controlling interests|5,257,050.66|4,481,315.68|
|6. Earnings per share|||
|1) basic earnings per share|0.26|0.23|
|2)diluted earnings per share|Not applicable|Not applicable|
|7. Other comprehensive income|||
|8. Total comprehensive income|64,936,405.22|57,756,761.76|
|Total comprehensive income attributable to the owners of|||
||59,679,354.56|53,275,446.08|
|parent company|||
|Total comprehensive income attributable to non-controlling|||
||5,257,050.66|4,481,315.68|
|interests|||

Legal Representative: Chief financialofficer： Financialmanager：
4、Income Statement of the Company QTD
From Jul 01 2014 to Sep 30 2014 Currency：RMB
|||||
|-|-|-|-|
|Items||Current Period|Same Period Last Year|
|1. Operating income||93,405,933.96|93,206,909.13|
||Less: Operating costs|34,769,184.72|36,591,693.17|
||Business taxes and levies|1,971,358.83|2,082,640.12|
||Selling Expenses|||
||Administrative expenses|10,183,288.49|10,063,502.07|
||Financial expenses|20,752,262.33|22,256,142.68|
||Impairment loss of assets|||
|Plus: Fair Value change Income(“-” for net loss)||||
||Add: Investment income|23,118,584.60|22,146,148.03|
||Incl: Income from investments in associates and|||
|||14,744,639.78|13,517,928.45|
||joint ventures|||
|2. Operating profit||48,848,424.19|44,359,079.12|
||Add: Non-operating income|478,175.18|578,055.84|
||Less: Non-operating expenses|2,000.00|2,000.00|
||Incl: Losses from disposal of non-current assets|||
|3. Total profit||49,324,599.37|44,935,134.96|
||Less: Income tax expenses|8,656,984.35|7,854,301.63|
|4. Net profit||40,667,615.02|37,080,833.33|
|5. Earnings per share:||||
|1) Basic earnings per share||Not applicable|Not applicable|
|2) Diluted earnings per share||Not applicable|Not applicable|
|6. Other comprehensive income||||
|7. Total comprehensive income||40,667,615.02|37,080,833.33|

 Legal Representative: Chief financialofficer： Financialmanager：
5、Consolidated Income Statement YTD
From Jan 01 2014 to Sep 30 2014 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
|1. Gross Revenue|536,655,057.72|503,526,213.94|
|Incl. Operation Revenue|536,655,057.72|503,526,213.94|
|Interest Revenue|||
|Earned Premium|||
|Commission Revenue|||
|2. Total operating cost|366,215,602.17|366,432,719.87|
|Incl. Operating cost|187,802,025.39|179,696,718.40|
|Interest Expenses|||
|Commission Expenses|||
|Surrender Value|||
|Net Payments for Insurance Claims|||
|Net Provision for Insurance Contracts|||
|Expenditures Dividend Policy|||
|Amortized Reinsurance Expenditures|||
|Business Tax and Surcharge|20,253,497.34|22,929,063.83|
|Selling Expenses|138,121.62|247,309.18|
|Administrative Expenses|61,075,202.42|57,276,013.23|
|Financial Expenses|96,946,755.40|106,283,615.23|
|Assets Impairment Loss|||
|Plus: Fair Value change Income(“-” for net loss)|||
|Investment income(“-” for net loss)|61,187,983.10|57,072,085.15|
|Incl: Investment income from Associate and Joint venture|40,246,805.92|37,903,262.96|
|Exchange Earnings(“-” for net loss)|||
|3. Operating Profits(“-” for net loss)|231,627,438.65|194,165,579.22|
|Plus: Non-operating income|6,721,594.80|3,247,301.92|
|Less: non-operating expenses|-67,889.55|60,046.31|
|Incl: Loss of Liquidation of non-current Assets|6,736.19|1,607.24|
|4. Total profit(“-” for net loss)|238,416,923.00|197,352,834.83|
|Less: Income taxes expenses|39,515,596.70|30,614,255.94|
|5. Net profit(“-” for net loss)|198,901,326.30|166,738,578.89|
|Incl: Net profit recognised before the merger|||
|Net Profit attributable to controlling interests|179,404,474.85|150,964,325.31|
|Net Profit attributable to non-controlling interests|19,496,851.45|15,774,253.58|
|6. Earnings per share|||
|1) basic earnings per share|0.78|0.65|
|2)diluted earnings per share|Not applicable|Not applicable|
|7. Other comprehensive income|||
|8. Total comprehensive income|198,901,326.30|166,738,578.89|
|Total comprehensive income attributable to the owners of|||
||179,404,474.85|150,964,325.31|
|parent company|||
|Total comprehensive income attributable to non-controlling|||
||19,496,851.45|15,774,253.58|
|interests|||

Legal Representative: Chief financialofficer： Financialmanager：
6、Income Statement of the Company YTD
From Jan 01 2014 to Sep 30 2014 Currency：RMB
|||||
|-|-|-|-|
|Items||Current Period|Same Period Last Year|
|1. Operating income||265,395,915.42|250,254,220.95|
||Less: Operating costs|97,341,150.11|93,113,249.33|
||Business taxes and levies|5,288,214.25|5,300,848.90|
||Selling Expenses|||
||Administrative expenses|30,187,103.85|29,350,127.43|
||Financial expenses|60,787,455.03|68,963,739.96|
||Impairment loss of assets|||
|Plus: Fair Value change Income(“-” for net loss)||||
||Add: Investment income|61,187,983.10|57,072,085.15|
||Incl: Income from investments in associates and|||
|||40,246,805.92|37,903,262.96|
||joint ventures|||
|2. Operating profit||132,979,975.28|110,598,340.48|
||Add: Non-operating income|1,895,816.59|3,102,938.99|
||Less: Non-operating expenses|4,566.24|5,180.00|
||Incl: Losses from disposal of non-current assets|566.24||
|3. Total profit||134,871,225.63|113,696,099.47|
||Less: Income tax expenses|23,803,142.42|18,972,197.17|
|4. Net profit||111,068,083.21|94,723,902.30|
|5. Earnings per share:||||
|1) Basic earnings per share||Not applicable|Not applicable|
|2) Diluted earnings per share||Not applicable|Not applicable|
|6. Other comprehensive income||||
|7. Total comprehensive income||111,068,083.21|94,723,902.30|

 Legal Representative: Chief financialofficer： Financialmanager：
7、Consolidated Cash Flow Statement YTD
From Jan 01 2014 to Sep 30 2014 Currency：RMB
||||
|-|-|-|
|Items|Current Period|Same Period Last Year|
|1. Cash Flows from Operating Activities|||
|Cash from Sales of Goods & Services|544,273,525.06|513,836,648.97|
|Net Increase in Customer Bank Deposits and due to Banks|||
|and Other Financial Institutions|||
|Net Increase in Borrowings from Central Bank|||
|Net Increase in Placements from Other Financial|||
|Institutions|||
|Cash from Insurance Premium of Original Insurance|||
|Contracts|||
|Net cash received from reinsurance business|||
|Net increase in deposits from policyholders|||
|Net increase from disposal of tradable financial assets|||
|Cash from Interest Handling Charges and commission|||
|Income|||
|Net Increase in Placements from Banks and Other Financial|||
|Institutions|||
|Net Increase in Repurchase Business Capital|||
|Tax Refunds|1,277,883.87|526,295.84|
|Cash from Other Operating-related Activities||27,659,263.11|
||19,486,812.49||
|Sub-total of Cash Inflows from Operating Activities||542,022,207.92|
||565,038,221.42||
|Cash Paid for Purchasing of Goods &Services|||
||80,293,665.41|64,713,708.34|
|Net Increase in Loans and Advances to Customers|||
|Net Increase in Deposits with Central Bank and Other|||
|Financial Institutions|||
|Cash paid for Claims of Original Insurance Contracts|||
|Cash Paid for Interest、 Handling Charges and commission|||
|Income|||
|Cash paid for policy dividends|||
|Cash paid for staffs|||
||79,050,087.64|67,429,365.87|
|Taxes and dues|99,794,864.85|71,603,319.38|
|Cash Paid for Other Operating-related Activities|24,229,947.67|18,989,764.70|
|Sub-total of Cash Outflows from Operating Activities|283,368,565.57|222,736,158.29|
|Net Cash Flows from Operating Activities|281,669,655.85|319,286,049.63|
|2. Cash Flows from Investing Activities|||
|Cash from Disinvestment|||
|Cash from Investment Income|48,000,000.00|22,400,000.00|
|Net Cash from Disposal of Fixed Assets, Intangible|||
||3,296.50|23,050.00|
|Assets and Other Long-term Assets|||
|Net Cash Received from Disposal of Subsidiaries and|||
|Other Business Units|||
|Cash Received from Other Investing-related Activities|2,220,338,540.19|2,960,002,575.61|
|Sub-total of Cash Inflows from Investing Activities|2,268,341,836.69|2,982,425,625.61|
|Cash Paid for Construction of Fixed Assets, Intangible|||
||504,530,549.18|368,914,750.08|
|Assets and Other Long-term Assets|||

||||
|-|-|-|
|Cash Paid for Investment|||
|Net Increase in Pledge Loans|||
|Net Cash Paid for Acquisition of Subsidiaries and Other|||
|Business Units|||
|Cash Paid for Other Investing-related Activities|2,196,990,000.00|3,270,610,000.00|
|Sub-total of Cash Outflows from Investing Activities||3,639,524,750.08|
||2,701,520,549.18||
|Net Cash Flows from Investing Activities||-657,099,124.47|
||-433,178,712.49||
|3.Cash Flows from Financing Activities|||
|Cash Received from Absorbing Investment|||
|incl : Cash from absorbing minority investment|||
|Cash received from Borrowings|171,860,112.92|34,054,754.29|
|Cash Received from Bonds Issuance|||
|Cash from Other Financing-related Activities|327,348,887.85|10,191,405.21|
|Sub-total of Cash Inflows from Financing Activities|499,209,000.77|44,246,159.50|
|Debt Redemption|310,350,000.00|406,400,000.00|
|Cash Paid for Dividends or Interests|45,363,194.22|76,605,759.89|
|incl : Dividends and profits paid by subsidiaries to|||
|minorities|||
|Cash Paid for Other Financing-related Activities|11,434,721.76|6,600,883.35|
|Sub-total of Cash Outflows from Financing Activities|367,147,915.98|489,606,643.24|
|Net Cash Flows from Financing Activities|132,061,084.79|-445,360,483.74|
|4. Influence from Fluctuations in Exchange for Cash and|||
|||13,740.38|
|Cash Equivalents|||
|5. Net Increase in Cash and Cash Equivalents|-19,447,971.85|-783,159,818.20|
|Plus: Beginning Balance of Cash and Cash Equivalents|233,332,680.86|893,354,140.32|
|6. Ending Balance of Cash and Cash Equivalents|213,884,709.01|110,194,322.12|

 Legal Representative: Chief financialofficer： Financialmanager：
||||
|-|-|-|
|8、Cash Flow Statement of the Company YTD|||
|From Jan 01 2014 to Sep 30 2014 Currency：RMB|||
|Items|Current Period|Same Period Last Year|
|1. Cash Flows from Operating Activities|||
|Cash from Sales of Goods & Services|257,127,837.10|248,115,647.99|
|Tax Refunds|1,277,883.87|526,295.84|
|Cash from Other Operating-related Activities|2,680,125.81|18,204,797.83|
|Sub-total of Cash Inflows from Operating Activities|261,085,846.78|266,846,741.66|
|Cash Paid for Purchasing of Goods &Services|||
||50,632,428.29|44,851,779.08|
|Cash paid for staffs|||
||45,439,186.74|38,480,245.25|
|Taxes and dues|46,599,101.38|32,106,195.38|
|Cash Paid for Other Operating-related Activities|14,278,636.74|10,464,237.06|
|Sub-total of Cash Outflows from Operating Activities|156,949,353.15|125,902,456.77|
|Net Cash Flows from Operating Activities|104,136,493.63|140,944,284.89|
|2. Cash Flows from Investing Activities|||
|Cash from Disinvestment|||
|Cash from Investment Income|48,000,000.00|50,137,557.54|
|Net Cash from Disposal of Fixed Assets, Intangible|||
|||10,880.00|
|Assets and Other Long-term Assets|||
|Net Cash Received from Disposal of Subsidiaries and|||
|Other Business Units|||
|Cash Received from Other Investing-related Activities|2,720,938,540.19|3,731,002,645.61|
|Sub-total of Cash Inflows from Investing Activities|2,768,938,540.19|3,781,151,083.15|
|Cash Paid for Construction of Fixed Assets, Intangible Assets|||
||10,509,478.36|9,310,950.80|
|and Other Long-term Assets|||
|Cash Paid for Investment|||
|Net Cash Paid for Acquisition of Subsidiaries and Other|||
|Business Units|||
|Cash Paid for Other Investing-related Activities|2,726,994,974.84|4,254,652,143.50|
|Sub-total of Cash Outflows from Investing Activities|2,737,504,453.20|4,263,963,094.30|
|Net Cash Flows from Investing Activities|31,434,086.99|-482,812,011.15|
|3.Cash Flows from Financing Activities|||
|Cash Received from Absorbing Investment|||
|Cash received from Borrowings|18,775,995.42|27,081,074.85|
|Cash Received from Bonds Issuance|||
|Cash from Other Financing-related Activities|306,114,622.73|6,592,933.65|
|Sub-total of Cash Inflows from Financing Activities|324,890,618.15|33,674,008.50|
|Debt Redemption|310,350,000.00|406,400,000.00|
|Cash Paid for Dividends or Interests|41,473,029.93|76,605,759.89|
|Cash Paid for Other Financing-related Activities|8,876,174.65|2,551,749.79|
|Sub-total of Cash Outflows from Financing Activities|360,699,204.58|485,557,509.68|
|Net Cash Flows from Financing Activities|-35,808,586.43|-451,883,501.18|
|4. Influence from Fluctuations in Exchange for Cash and Cash|||
|||13,740.38|
|Equivalents|||
|5. Net Increase in Cash and Cash Equivalents|99,761,994.19|-793,737,487.06|
|Plus: Beginning Balance of Cash and Cash Equivalents|59,429,719.52|853,612,179.80|
|6. Ending Balance of Cash and Cash Equivalents|159,191,713.71|59,874,692.74|
|Legal Representative: Chief financial officer： Financial manager：|||

Ⅱ. Audit Report
Audit Opinion
The third quarterly report is unaudited.
Board of Directors
Shenzhen Chiwan Petroleum Supply Base Co., Ltd. October 27, 2014