2014 Third Quarter Report of
Chongqing Changan Automobile Company Limited
§1 Important Notes
1.1 The Board of Directors, the Supervisory Committee and directors, supervisors and senior management of Chongqing Changan Automobile Company Limited (hereinafter referred to as “the Company”) warrant that this report does not contain any false or misleading statements or omit any material facts and all information set forth herein is true, accurate and complete.
1.2 Directors absent from the meeting.
||||
|-|-|-|
|Name of the Director|Reasons for the absence|Name of the consignee|
|Zhang Baolin|On Business||
|Lian Gang|On Business||
|Dong Yang|On Business||

1.3 Chairman Mr. Xu Liuping, Chief Accountants Mr. Wang Kun and Mr. Hua ZhanBiao guarantee the truthfulness and completeness of the financial statements of the quarter report.
1.4 The report shall be presented in both Chinese and English, and should there be any conflicting understanding of the text, the Chinese version shall prevail.
§2 Financial Highlight and Changes in Shareholders
2.1 Main accounting data and financial indicators
In RMB Yuan
|||||||
|-|-|-|-|-|-|
||||||Increase/decrease|
||2014.9.30||2013.12.31|||
||||||(%)|
||||Before Adjustment|After Adjustment|After Adjustment|
|Total asset|65,065,769,454.42||53,364,694,275.91|54,512,107,747.02|19.36%|
|Net asset attributable to the|23,414,786,455.60|||18,863,616,684.11||
||||18,778,354,427.87||24.13%|
|shareholders of the listed company||||||
|||Changes of||||
||||||Changes of Reporting|
|||Reporting Period on||||
||Jul-Sep. 2014|||Jan.-Sep. 2014|Period on the same|
|||the same Period last||||
|||year （％）|||Period last year （％）|
|operation total income|12,544,777,769.25|48.81%||36,751,508,411.20|28.32%|
|Net profit attributable to|1,824,763,530.91|||5,452,856,529.84||
|||101.43%|||155.23%|
|shareholders of the listed company||||||
|Net profit attributable to the||||||
|shareholders of the listed company||||||
||1,790,455,561.83|101.35%||5,353,432,332.82|156.36%|
|after deducting of non-recurring||||||
|gain/loss||||||
|Net cash flow generated by business||||4,760,340,830.36||
||--|--|||84.86%|
|operation||||||
|Basic earnings per share|0.39|105.26%||1.17|154.35%|
|Diluted earning per share|0.39|105.26%||1.17|154.35%|
|Return rate on net assets|7.89%|2.30%||25.50%|11.78%|

 Items and amounts of extraordinary gains and losses
||
|-|
|Project|
|Gain/loss of non-current assets (including the write-off of assets impairment reserves)|
|The government subsidies included in the current profits and losses (except government subsidies closely|
|related to corporate business, entitled in fixed quota or quantity)|
|Current net gain/loss generated by the enterprise merger under common control from the year beginning to|
|the merger date|

|||
|-|-|
|Profit and loss from contingency items irrelevant with normal business of the Company profit and loss|55,187,888.36|
|from fair value changes by holding of transaction financial assets and liabilities, except effective hedging||
|business related to normal business of the Company, and investment income from disposal of transaction||
|financial assets and liabilities as well as financial assets available for sale||
|Other non-business income and expenditures other than the above items|43,167,876.30|
|Subtract: Influenced amount of income tax|11,779,163.34|
|Influenced amount of miniority shareholders‟ equity (after tax)|4,304,187.07|
|Total|99,424,197.02|

 2.2 Total number of shareholders at the end of the report period and statement on shares held by the top ten tradable shareholders
Unit: share
||||||||||
|-|-|-|-|-|-|-|-|-|
|Total amount of shareholders at the|The total amount of shareholders is 106,739, and A shareholder is 91,288 ,B shareholder||||||||
|end of report period|is 15,451.||||||||
|Top 10 Shareholder Information|||||||||
||||Shareholding|||Share amount of infinite share|||
|||||Share amount|||||
|Shareholder Name|Nature of|stake（%）|amount at the|of limited sale||condition|||
||shareholders||end of reportperiod|condition||share status||amount|
|China Changan Automobile GroupCo., Ltd.|state owned legalperson|39.11%|1,823,595,216|373,358,342||no pledge or|||
|||||||freeze|||
|National Social Security Fund-Portfolio 102|domestic non-statelegal person share|1.29%|60,014,324|||no pledge or|||
|||||||freeze|||
|VALUE PARTNERS CLASSICFUND|foreign legalperson shares|0.99%|46,372,107|||no pledge or|||
|||||||freeze|||
|Zhonghui Fortis Investment Co.,Ltd.|foreign legalperson shares|0.97%|45,195,100|||no pledge or|||
|||||||freeze|||
|HTHK-MANULIFE CHINAVALUE FUND|foreign legalperson shares|0.87%|40,410,827|||no pledge or|||
|||||||freeze|||
|Bank of China－Dacheng Blue chipsecurites investment fund|domestic non-statelegal person share|0.78%|36,303,923|||no pledge or|||
|||||||freeze|||
|Bank of Communications－Hua‟anStrategy stock securites investmentfund|domestic non-statelegal person share|0.77%|35,714,239|||no pledge or|||
|||||||freeze|||
|DRAGON BILLION CHINAMASTER FUND|foreign legalperson shares|0.74%|34,302,861|||no pledge or|||
|||||||freeze|||
|Industrial and Commercial Bank ofChina－Guangfa Strategy Hybridsecurites investment fund|domestic non-statelegal person share|0.72%|33,659,670|||no pledge or|||
|||||||freeze|||
|HSBC Global Investment Funds-Chinese equity|foreign legalperson shares|0.72%|33,433,626|||no pledge or|||
|||||||freeze|||
|Top 10 Shareholder Information of Infinite Sale Condition|||||||||
||||||股份种类||||
|股东名称||持有无限售条件股份数量|||||||
||||||股份种类||数量||
|China Changan Automobile Group Co., Ltd.||1,450,236,874|||RMB Common Stock||1,450,236,874||
|National Social Security Fund- Portfolio 102||60,014,324|||RMB Common Stock||60,014,324||
|VALUE PARTNERS CLASSIC FUND||46,372,107|||domestic foreign share||46,372,107||
|Zhonghui Fortis Investment Co., Ltd.||45,195,100|||domestic foreign share||45,195,100||
|HTHK-MANULIFE CHINA VALUE FUND||40,410,827|||domestic foreign share||40,410,827||
|Bank of China－Dacheng Blue chip securitesinvestment fund||36,303,923|||||||
||||||RMB Common Stock||36,303,923||
|Bank of Communications－Hua‟an Strategy stock||35,714,239|||RMB Common Stock||35,714,239||

|||||
|-|-|-|-|
|securites investment fund||||
|DRAGON BILLION CHINA MASTER FUND|34,302,861|domestic foreign share|34,302,861|
|Industrial and Commercial Bank of China－GuangfaStrategy Hybrid securites investment fund|33,659,670|||
|||RMB Common Stock|33,659,670|
|HSBC Global Investment Funds- Chinese equity|33,433,626|domestic foreign share|33,433,626|
||Among the top 10 shareholders, China Changan Automobile Group Co.,|||
|Correlation or concerted action among top 10 infinite|Ltd., the controlling shareholder, and its wholly owned subsidiary|||
|sale tradable share holders, and between top 10 infinite|Zhonghui Futong Investment Co., Ltd. belong to the concerted actor|||
|sale tradable share holders and top 10 shareholders.|regulated by “Disclosure Administration of Shares Change Information of|||
||The Listed Company”.|||

§3 Important Matters
3.1 Significant changes in major accounting data, financial highlight and reason of these changes.
√Applicable□Not Applicable
||||||
|-|-|-|-|-|
||Balance Sheet Items|Sep. 30 2014|Jan. 1th 2013|Changes|
|1|Cash|8,260,303,395.09|4,535,825,972.55|82.11%|
|2|Prepayment|1,067,590,133.59|698,944,852.07|52.74%|
|3|Other receivables|289,812,434.26|211,810,998.81|36.83%|
|4|Inventory|6,576,496,245.22|4,735,051,726.57|38.89%|
|5|Short-term loans|298,000,000.00|1,398,000,000.00|-78.68%|
|6|Notes payable|13,351,489,798.62|9,577,654,675.13|39.40%|
|7|Accounts payable|11,007,020,162.63|7,963,798,219.72|38.21%|
|8|Tax payables|570,622,156.04|113,689,600.15|401.91%|
|9|Non-current liabilities due withinone year|-|520,000,000.00|-100.00%|
|10|Other current liabilities|2,498,864,380.98|1,900,629,102.12|31.48%|
|11|Long-term loans|-|1,270,000,000.00|-100.00%|
|12|Provisions|1,678,076,310.79|1,117,167,286.59|50.21%|
|13|Retained earnings|13,529,050,750.78|8,543,591,148.40|58.35%|
||Income Statement Items|Jan-Sep 2014|Jan-Sep 2013|Changes|
|14|Business tax and surcharges|1,426,977,822.94|917,782,937.50|55.48%|
|15|Financial expenses|97,280,409.78|74,092,526.38|31.30%|
|16|Impairment loss on assets|32,979,029.43|125,275,943.79|-73.67%|
|17|Investment income|6,000,333,310.21|3,119,847,794.75|92.33%|
|18|Financial expenses|5,321,486,924.82|2,030,869,553.49|162.03%|
|19|Operating profit|5,469,873,899.69|2,091,708,156.88|161.50%|
|20|Net profit|5,438,840,956.15|2,104,538,393.58|158.43%|
|21|Net profit attributable to owners|5,452,856,529.84|2,136,428,302.39|155.23%|
||Cash Flow Statement Items|Jan-Sep 2014|Jan-Sep 2013|Changes|
|22|Net cash flows from operatingactivities|4,760,340,830.36|2,575,077,920.05|84.86%|
|23|Net cash flow generated byinvestment|2,459,307,747.23|-258,503,291.58|1051.36%|

||||||
|-|-|-|-|-|
|24|Net increase of cash and cashequivalents|3,794,871,113.61|1,803,426,811.39|110.43%|
|25|Net cash flow generated byfinancing|-3,420,407,288.46|-512,079,352.34|-567.94%|

In the reporting period, the Company took the initiative to change and innovate, in face of the slowdown of the industrial growth, the sluggish demand during the slack season and the downward trend of the market shares from Chinese-owned brands. The production, and sales growth rate of the Company kept outpacing the industry growth rate, the profit growth maintained higher than the revenue growth, while the income growth was higher than the sales growth. As of the reporting period, the Company had total assets of 65.065 billion Yuan, with an increase of19.36% over the beginning of the year; the total liabilities of 41.803 billion Yuan, with an increase of16.81% over the beginning of the year; the asset-liability ratio is64.25%, decreased by1.4% than the beginning of the year. Among the items in the balance sheet, the monetary funds highly increased over the beginning of the year mainly due to the increase of the share out bonus from JV Changan Ford Automobile; Taxes payable was higher the beginning of the year mainly due to the sales growth; Notes payable increased significantly over the beginning of the year mainly due to the expansion of the production and sales scale with more self-owned notes issued; The inventory increased due to the larger balance of automobile stock; accounts payable increased significantly over the beginning of the year mainly due to the larger volume of purchase resulting from the expansion of the production and sales scale; Development expenditure increased over the beginning of the year mainly due to the increase capitalization of the research and development projects; The short-term borrowings decreased than the beginning of the year mainly due to the repayment of bank borrowings; Taxes payable was less than the beginning of the year mainly due to the final settlement of the corporate income tax; Payable interest was less than the beginning of the year mainly due to the payment of the interest on corporate bonds; Other receivables increased significantly over the beginning of the year due to the rising of the tax reimbursement for export; the balance of short-term loan decreased due to the repayment of bank loans and the balance of long-term loan and the non-current liabilities within one year decreased due to the repayment of loans; Other current liabilities increased over the beginning of the year mainly due to the prepayment of the transportation costs caused by the increase of the production and sales; Provisions increased over the beginning of the year mainly due to the prepayment of the "three guarantees" expense caused by the increase of the sales; Retained earnings increased over the beginning of the year mainly due to the increase in earnings from joint venture.
From January to September, 2014, on account of the expansion of automobile production and sales, the optimization of product structure and a significant increase in profit of the JV Changan Ford Automobile, the business tax and surcharges, the investment income, operating income, operating profit , total profit and net profit attributable to the parent company increased substantially; the business tax and surcharges increased substantially mainly due to the sales growth and the larger proportion of vehicles charged with higher consumption duty; Financial expenses rose significantly due to the increase of the interest income and the decrease of the interest expense; Asset impairment losses decreased significantly mainly due to the provision of impairment loss for the fixed asset and intangible asset last year.
From January to September, 2014, the Company has achieved the net increase of 3.794 billion in cash and cash equivalents with an increase of110.43% on year-on-year basis. The cash flow generated from operating activities was 4.76 billion Yuan, with an increase of 2.185 billion Yuan of inflow Y-o-y, mainly due to the increase of the cash received from car sales Y-o-y; Net cash flow generated from investment activities was 2.459 billion Yuan, with a increase of 2.717 billion Yuan of inflow Y-o-y, mainly due to the increase of the receipt of the cash dividends from Changan Ford; Net cash flow generated from financing activities was -3.42 billion Yuan, with a decrease of 2.908 billion Yuan of inflow, mainly due to more repayment of loans over the same period of last year. 3.2 The progress and influence of significant events and the analysis and explanation on resolving proposal According to the “On transfer of Chongqing Changan Suzuki Automobile Co., Ltd.1% Shares” through the 21st meeting of the 6th the board of directors. To accelerate the development of Chongqing Changan Suzuki Automobile Co.,Ltd.‟s (“Changan Suzuki”), the company planned to transfer1% shares of Changan Suzuki in Chongqing United Assets and Equity Exchange by single public trade. As of the date of this report, the company has received 28.4598 million yuan from the transferee Suzuki Corporation , which acquired1% share of Chongqing Changan Suzuki Automobile, and has completed the registration formalities related to equity transaction. At present the company holds50% share in Chongqing Changan Suzuki Automobile Co. Details. For details, please refer to the relevant announcements disclosed at CNINF www.cninfo.com.cn.
||||
|-|-|-|
||Disclosure||
|Description of the Important Items||Interim reports disclosure Web Query|
||Date||
|On transfer of Chongqing Changan SuzukiAutomobile Co., Ltd. 1% Shares|||
||Jul.1,2014|http://www.cninfo.com.cn/finalpage/2014-07-01/1200020522.PDF|
|The Progress On transfer of Chongqing ChanganSuzuki Automobile Co., Ltd. 1% Shares|||
||Oct.15,2012|http://www.cninfo.com.cn/finalpage/2014-10-15/1200299369.PDF|

3.3 The fulfillment of the commitment made by the Company, shareholders and the actual controller
√Applicable□Not Applicable
|||||||
|-|-|-|-|-|-|
|||||period||
||Commitment||Commitment|for||
|commitments||Commitment content|||Performance|
||entity||time|commitm||
|||||ent||

|||||||
|-|-|-|-|-|-|
||||||As of the end of the reporting period,|
|||1.Will abide by the laws, regulations and||||
||||||CCAG, the Company‟s shareholder|
|||rules, to perform the legal obligations.2.||||
||||||with share selling restrictions, held|
|||Held by the original non-tradable shares||||
||||||373,358,342 shares with selling|
|||from obtaining the right to list and trade||||
||||||restrictions, which will be lifted after|
|||date, At least 24 months is not publicly||||
||||||the implementation of management|
|||traded or transferred, The 24 months after||||
||||||share incentive plan according to the|
|||the expiration of the term of, Non-tradable||||
||||||commitments of shareholding|
|||shareholders stock exchange through the||||
||||||reform. During the reporting period,|
|The commitments|China|sale of shares, The sale of shares of the||||
||||May, 2006||according to CCAG‟s document “A|
|of stock reform|Changan|company accounted for the proportion of||||
||||||Supplementary Explanation to|
|||the total number of within 12 months and||||
||||||Participating in the Share Split|
|||not more than five percent, In 24 months||||
||||||Reform of Chongqing Changan|
|||of no more than ten percent,3. Company in||||
||||||Automobile Co., Ltd.”, the Company|
|||the shares changed after the completion of||||
||||||confirmed that it will implement the|
|||According to the national related||||
||||||management share incentive plan|
|||management systems and methods for||||
||||||before June 30, 2016, according to|
|||implementing the management equity||||
||||||relevant national regulations and|
|||incentive plan||||
||||||measures.|
|||In order to avoid and eventually solve the||||
|||possible competition or potential||||
|||competitors, Better maintain the interests||||
|||of investors, the company controlling||||
||||||The Harbin Hf Automobile Industry|
|||shareholder China Changan commitment:||||
|Other small|||||Group Co at present is still running|
||China|In two consecutive years profit of Harbin|September,|||
|shareholders|||||at a loss, The conditions have not yet|
||Changan|Hf Automobile Industry Group Co, With|2010|||
|commitment|||||reached the profitable for two|
|||the continuous development ability and||||
||||||consecutive years.|
|||management level is improved||||
|||significantly under the condition of,||||
|||Proposed that enterprises into the||||
|||company.||||
|||If the Changan Peugeot Citroen in||||
||||||In 2013, Changan Peugeot Citroen|
|||2013 for listing Corporation contributio||||
||||||for the company contribution to|
|||n to investment income lower than -12||||
||||||investment income of RMB -5058|
|Other small||500.,(ten thousand Yuan),||||
||China||December,||ten thousand yuan, Not less than|
|shareholders||2014 investment listing Corporation||2 Years||
||Changan||2012||Chinese Changan promised lowest|
|commitment||contributions earn less than -17500 (ten|||return on investment of -12500 ten|
|||thousand Yuan), China Changan|||thousand yuan.|
|||promised to make up the difference in||||
|||cash.||||

3.4 Warnings of possible loss or large-margin change of the accumulated net profit made during the period from the beginning of the year to the end of the next report period compared with the same period of the last year according to prediction, as well as explanations on the reasons
□Applicable√Not Applicable
3.5Particular about security investment
Holding other listing Corporation ownership situation description
√Applicable □Non-applicable
||||||||||
|-|-|-|-|-|-|-|-|-|
|||Initial|Opening|Opening|Closing|Closing|||
|Company|Company|investment|equity|equity|equity|equity||Equity|
||||||||Accounting title||
|name|variety|cost (RMB|Holdings|holding ratio|holdings|Holdings||source|
|||Yuan)|(share)|(%)|(share)|（%）|||
|Southwest|Securities||||||Tradable financial||
|||50,000,000|17,750,000|0.76%|17,750,000|0.76%||Initial investment|
|Securities|Firm||||||assets||
|Hua Xia|Commercial||||||Tradable financial|2The 2011 merger|
|||8,149,714|7,276,000|0.11%|8,658,800|0.10%|||
|Bank|bank||||||assets Financial|of Changan bus|

||||||
|-|-|-|-|-|
|||||assets for trade|
|Total|58,149,714|--|--||

3.6 Investments in derivatives
□Applicable√Not Applicable
No Investments in derivatives in the reporting period.
3.7 Interviews and visits in the reporting period
|||||||
|-|-|-|-|-|-|
||||||Main content involved and|
|Time/date|Place|Way|Visitor type|Visitors||
||||||material provided|
|2014.7.16|Meeting Room,Changan Headquarters|On-Site Survey|Institution|Gouxin Securities、WanjiaFund、Baoying Fund、MinsenInvestments、CITIPCE、Dacheng Fund、XingtaiInvestments|Automotive IndustryDevelopment and Company‟sBusiness|
|2014,7.17|Meeting Room,Changan Headquarters|On-Site Survey|Institution|CITIC Securities|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.7.24|Meeting Room,Changan Headquarters|On-Site Survey|Institution|Guotai Fund|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.5|Meeting Room,Changan Headquarters|On-Site Survey|Institution|Haitong Securities|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.15|Meeting Room,Changan Headquarters|On-Site Survey|Institution|China Securitities|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.16|Meeting Room,Changan Headquarters|On-Site Survey|Institution|China AMC、Fullgoal Fund|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.16|Meeting Room,Changan Headquarters|On-Site Survey|Institution|CICC、Industrial SecuritiesAsset Management Co., Ltd|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.19|Meeting Room,Changan Headquarters|On-Site Survey|Institution|J Capital Research|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.19|Meeting Room,Changan Headquarters|On-Site Survey|Institution|BNP Paribas China|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.22|Meeting Room,Changan Headquarters|On-Site Survey|Institution|Binyuan Capital|Automotive IndustryDevelopment and Company‟sBusiness|
|2014.9.24|Meeting Room,Changan Headquarters|On-Site Survey|Institution|J.P. Morgan AssetMannagment、BNP ParibasSecurities|Automotive IndustryDevelopment and Company‟sBusiness|

3.8 Effect of new or revised accounting standards on the consolidated financial statements
1、According to the "Notice on the Issuance and Revision of Accounting Standards for Enterprises No.2 - Long Term Equity Investment "(Accounting Standard No.14[2014]), the company does not have control, joint control and significant influence over the equity investment whose fair value can not be reliably measured, the equity investment should be measured at the cost of available
for sale financial assets, not measured as a long-term equity investment, and the retroactive adjustment method should be adopted.
Specific adjustments are as follows:
RMB：Yuan
||||
|-|-|-|
|Adjustment Issue|Affected account and amount (2013.12.31)||
||long-term equityinvestments|available for salefinancial assets|
|Reclass the equity investment under "long-term equityinvestment" whose fair value can not be reliably measured andthe company does not have control, joint control and significantinfluence over as "available for sale financial assets"|-108,809,274.00|108,809,274.00|

2、According to the "Notice on the Issuance and Revision of Accounting Standards for Enterprises No.9– Staff Welfare"(Accounting Standard No.8[2014]), the Company recalculates the changes of net liabilities or net assets from the benefit plan and includes the changes in other comprehensive income. Based on preliminary estimate, the effect of changes in accounting policy on financial statements at the beginning of the period is not significant, and the effect will be presented in the Annual Report.3、Since July 1st, 2014, the company has adopted the following revised accounting standards "Accounting Standards for Enterprises No.30- Presentation of Financial Statements", "Enterprise Accounting Standards No. 33-Consolidated Financial Statements" and "Accounting Standards for Enterprises No.37 - Presentation of Financial Instruments", "Enterprise Accounting Standards No.39 - Fair Value Measurement", "Enterprise Accounting Standards No.40 - Joint Venture Arrangement", "Enterprise Accounting Standards No. 41– Disclosure of Equity in Other Subjects".
The change in accounting policy has no significant impact on the company financial status, operating results and cash flow.§4. Attachment
1. Financial statements
1、Consolidated Balance Sheet
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD. Sep. 30 2014 in RMB yuan
||||
|-|-|-|
|Account|Ending Balance|Opening Balance|
|Current assets:|||
||8,260,303,395.09|4,535,825,972.55|
|Cash|||
|Deposit Reservation for Balance|||
|Funds loaned to other financial institutions|||
|Financial assets held for trading|||
||13,754,317,802.36|11,272,212,347.84|
|Notes receivable|||
||644,534,799.15|604,638,231.06|
|Accounts receivable|||
||1,067,590,133.59|698,944,852.07|
|Prepayments|||
|Premiums receivable|||
|Reinsurance receivable|||
|Reinsurance reserve receivable|||
|Interest receivable|||
||3,650,000,000.00||
|Dividend receivable|||
||289,812,434.26|211,810,998.81|
|Other receivables|||
|Reverse repurchase agreements|||
||6,576,496,245.22|4,735,051,726.57|
|Inventories|||
|Classified as assets held for sale|||
|Non-current assets within one year|||
||2,642,266.86|2,585,737.57|
|Other current assets|||
||34,245,697,076.53|22,061,069,866.47|
|Total current assets|||

|||||
|-|-|-|-|
||Non-current assets:|||
|Entrustment loans and advances||||
||Available-for-sale financial assets|318,467,486.00|366,128,690.00|
|Held-to-maturity investments||||
||Long-term receivables|||
|||10,540,910,850.05|12,357,672,514.64|
||Long-term equity investments|||
|||9,565,817.80|9,490,627.13|
||Investment properties|||
|||14,454,547,550.90|14,372,992,511.16|
||Fixed assets|||
|||1,140,742,790.60|1,328,773,757.05|
||Construction in progress|||
|||96,690.75|96,690.75|
||Construction materials|||
|||4,618,937.92|8,696.53|
||Liquidation of fixed assets|||
||Productive biological assets|||
||Oil and gas asset|||
|||2,425,598,251.59|2,076,220,482.54|
||Intangible assets|||
|||663,506,628.82|685,666,604.48|
||Development expenditure|||
|||9,804,394.00|9,804,394.00|
||Goodwill|||
|||1,062,401.88|1,410,228.76|
||Long-term deferred expenses|||
|||1,182,498,596.79|998,435,801.99|
||Deferred tax assets|||
|||68,651,980.79|244,336,881.52|
||Other non-current assets|||
|||30,820,072,377.89|32,451,037,880.55|
||Total non-current assets|||
|||65,065,769,454.42|54,512,107,747.02|
||TOTAL ASSETS|||
||Current liabilities:|||
|||298,000,000.00|1,398,000,000.00|
||Short-term loans|||
||Due to The People‟s Bank of China|||
||Placements of deposits from other financial institutions|||
||Funds borrowed from other financial institutions|||
||Financial liabilities held for trading|||
|||13,351,489,798.62|9,577,654,675.13|
||Notes payable|||
|||11,007,020,162.63|7,963,798,219.72|
||Accounts payable|||
|||5,319,735,522.91|4,260,282,749.23|
||Advances from customers|||
||Repurchase agreements|||
||Commission payable|||
|||745,206,211.83|825,803,375.99|
||Payroll payable|||
|||570,622,156.04|113,689,600.15|
||Taxes payable|||
|||47,496,333.33|78,113,712.49|
||Interest payables|||
|||79,742.80|79,742.80|
||Dividend payables|||
|||1,395,632,065.99|1,786,024,577.49|
||Other payables|||
||Reinsurance payable|||
||Reinsurance reserve payable|||
||Commission of security trading|||
||Commission of underwriting|||

||||
|-|-|-|
|Liabilities classified as held for sale|||
|||520,000,000.00|
|Non-current liabilities within one year|||
|Other current liabilities|2,498,864,380.98|1,900,629,102.12|
||35,234,146,375.13|28,424,075,755.12|
|Total current liabilities|||
|Non-current liabilities:|||
|||1,270,000,000.00|
|Long-term loans|||
||1,970,205,199.90|1,967,266,759.93|
|Bonds payable|||
||24,215,822.74|24,587,000.00|
|Long-term payables|||
||179,399,960.26|213,630,202.50|
|Special payables|||
||1,678,076,310.79|1,117,167,286.59|
|Estimated liabilities|||
||30,330,520.88|41,842,961.06|
|Deferred tax liabilities|||
||2,687,026,225.00|2,728,322,939.90|
|Other non-current liabilities|||
||6,569,254,039.57|7,362,817,149.98|
|Total non-current liabilities|||
||41,803,400,414.70|35,786,892,905.10|
|Total liabilities|||
|Owners‟ equity(or shareholders‟ equity)|||
||4,662,886,108.00|4,662,886,108.00|
|Paid up capital (or Share capital)|||
||3,204,855,037.07|3,611,380,385.08|
|Capital reserves|||
|Less: Treasury shares|||
||5,568,725.35|1,670,967.02|
|Special reserves|||
||196,152,857.87|227,815,099.08|
|Other comprehensive income|||
||1,816,272,976.53|1,816,272,976.53|
|Surplus reserves|||
|General reserve|||
||13,529,050,750.78|8,543,591,148.40|
|Undistributed profit|||
||23,414,786,455.60|18,863,616,684.11|
|Equity attributable to owners|||
||-152,417,415.88|-138,401,842.19|
|Minority interests|||
|Total Owners‟ equity (or Shareholders‟equity)|23,262,369,039.72|18,725,214,841.92|
|TOTAL LIABILITIES AND OWNERS‟ EQUITY( OR|||
||65,065,769,454.42|54,512,107,747.02|
|SHAREHOLDERS‟ EQUITY)|||

2、Balance Statement
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD. Sep. 30 2014 in RMB yuan
||||
|-|-|-|
|Account|Ending Balance|Opening Balance|
|Current assets:|||
||7,281,528,644.72|3,290,584,684.00|
|Cash|||
|Financial assets held for trading|||
||13,272,445,500.66|10,612,070,124.82|
|Notes receivable|||
||2,518,476,426.37|1,393,930,437.57|
|Accounts receivable|||
||965,098,949.99|1,006,257,953.21|
|Prepayments|||
|Interest receivable|||
||3,650,000,000.00||
|Dividend receivable|||
||300,241,330.69|550,745,735.30|
|Other receivables|||

||||
|-|-|-|
||5,789,815,988.28|3,995,173,686.02|
|Inventories|||
|Classified as assets held for sale|||
|Non-current assets within one year|||
||153,040.80||
|Other current assets|||
||33,777,759,881.51|20,848,762,620.92|
|Total current assets|||
|Non-current assets:|||
||295,894,274.00|285,066,774.00|
|Available-for-sale financial assets|||
|Held-to-maturity investments|||
|Long-term receivables|||
||11,883,300,266.88|13,658,387,927.37|
|Long-term equity investments|||
|Investment properties|||
||12,174,546,787.56|11,991,246,390.25|
|Fixed assets|||
||996,105,647.53|1,227,441,848.35|
|Construction in progress|||
||96,690.75|96,690.75|
|Construction materials|||
|Liquidation of fixed assets|||
|Productive biological assets|||
|Oil and gas asset|||
||2,155,624,599.41|1,854,137,128.97|
|Intangible assets|||
||611,080,206.10|612,487,126.25|
|Development expenditure|||
|Goodwill|||
||405,180.00|540,240.00|
|Long-term deferred expenses|||
||1,099,003,150.45|897,445,610.07|
|Deferred tax assets|||
||68,651,980.79|244,336,881.52|
|Other non-current assets|||
||29,284,708,783.47|30,771,186,617.53|
|Total non-current assets|||
||63,062,468,664.98|51,619,949,238.45|
|TOTAL ASSETS|||
|Current liabilities:|||
||200,000,000.00|1,200,000,000.00|
|Short-term loans|||
|Financial liabilities held for trading|||
||12,213,713,804.85|7,579,635,615.92|
|Notes payable|||
||9,237,229,328.79|6,807,637,925.32|
|Accounts payable|||
||5,372,595,405.11|4,277,575,537.45|
|Advances from customers|||
||668,108,095.48|710,331,644.30|
|Payroll payable|||
||919,180,402.91|478,169,294.18|
|Taxes payable|||
||47,496,333.33|77,672,045.84|
|Interest payable|||
|Dividend payable|||
||1,049,485,909.74|1,404,722,740.89|
|Other payables|||
|Liabilities classified as held for sale|||
|||520,000,000.00|
|Non-current liabilities within one year|||
||2,383,006,923.61|1,677,944,402.50|
|Other current liabilities|||
||32,090,816,203.82|24,733,689,206.40|
|Total current liabilities|||
|Non-current liabilities:|||
|||1,270,000,000.00|
|Long-term loans|||

||||
|-|-|-|
||1,970,205,199.90|1,967,266,759.93|
|Bonds payable|||
||24,215,822.74|24,587,000.00|
|Long-term payables|||
||118,758,053.18|129,901,302.92|
|Special payables|||
||1,364,639,768.69|761,596,810.09|
|Estimated liabilities|||
||24,630,750.00|23,006,625.00|
|Deferred tax liabilities|||
||2,175,359,734.55|2,218,891,199.06|
|Other non-current liabilities|||
||5,677,809,329.06|6,395,249,697.00|
|Total non-current liabilities|||
||37,768,625,532.88|31,128,938,903.40|
|Total liabilities|||
|Owners’ equity (or Shareholders’ equity):|||
||4,662,886,108.00|4,662,886,108.00|
|Paid up capital (or Share capital)|||
||2,808,618,786.16|3,206,920,753.13|
|Capital reserves|||
|Less: Treasury shares|||
||513,566.35||
|Special reserves|||
|Other comprehensive income|||
||1,816,272,976.53|1,816,272,976.53|
|Surplus reserves|||
|General reserve|||
||15,836,627,157.19|10,645,127,982.64|
|Retained earnings|||
|Foreign currency reserve|||
||25,293,843,132.10|20,491,010,335.05|
|Equity attributable to owners|||
|TOTAL LIABILITIES AND OWNERS‟ EQUITY( OR|63,062,468,664.98|51,619,949,238.45|
|SHAREHOLDERS‟ EQUITY)|||

3、Consolidated Income Statement
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jul-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Period|
||12,544,777,769.25|8,429,923,121.91|
|I. Total operating revenue|||
||12,544,777,769.25|8,429,923,121.91|
|Including: operating revenue|||
|Interest income|||
|Earned premium|||
|Fee and commission income|||
||12,669,682,099.02|8,920,111,779.37|
|II. Total operating cost|||
||10,086,674,608.63|7,053,154,226.90|
|Including: Operating cost|||
|Interest expenses|||
|Fee and commission expenses|||
|Surrender value|||
|Compensation expenses|||
|Net insurance contract reserve|||
|Policy dividend expenses|||
|Reinsurance expenses|||
||501,882,319.90|276,004,557.85|
|Business tax and surcharges|||
||1,034,896,118.03|828,022,477.20|
|Operating expenses|||

||||
|-|-|-|
||1,037,674,080.88|741,692,671.52|
|General and administrative expenses|||
||8,130,849.57|21,237,845.90|
|Financial expenses|||
||424,122.01||
|Impairment loss on assets|||
|Add: Profit and loss from fair value changes („-„ represent loss)|||
||1,916,293,063.73|1,315,076,179.17|
|Investment income („-„ represent loss)|||
|Including: Investment income from associates and from|1,912,506,547.56|1,311,656,179.17|
|joint venture|||
|Net foreign exchange differences(„-‟ means loss)|||
||1,791,388,733.96|824,887,521.71|
|III. Operating profit („-‟ represent loss)|||
||74,091,651.63|21,888,285.81|
|Add: Non-operating income|||
||10,903,624.47|1,649,638.37|
|Less: Non-operating expenses|||
||7,512,147.05|28,023.25|
|Including: loss on disposal of non-current assets|||
||1,854,576,761.12|845,126,169.15|
|IV. Total profit(„-‟ represent loss)|||
||31,563,620.08|-41,899,845.33|
|Less: Income tax expense|||
||1,823,013,141.04|887,026,014.48|
|V. Net profit („-‟ represent net loss)|||
|Including: The net profit of the combined parties before business|||
|combination|||
||1,824,763,530.91|905,924,934.73|
|Net profit attributable to owners|||
||-1,750,389.87|-18,898,920.25|
|Minority interests|||
|VI. Earnings per share:|--|--|
||0.39|0.19|
|I) Basic earnings per share|||
||0.39|0.19|
|II) Diluted earnings per share|||
||29,804,503.37|24,318,912.00|
|VII. Other comprehensive income|||
|Where: Other comprehensive income items can not be reclassified|||
|into profit or loss in future accounting periods|||
|other comprehensive income items satisfied predetermined|||
|condition will be reclassified to profit or loss in the future accounting|||
|period|||
||1,852,817,644.41|911,344,926.48|
|VIII. Total comprehensive income|||
||1,854,568,034.28|930,243,846.73|
|Total comprehensive income attributable to owners|||
||-1,750,389.87|-18,898,920.25|
|Total comprehensive income attributable to minority interest|||

4、Income Statement
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jul-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Period|
||12,368,730,785.87|7,408,717,050.78|
|I. Operating revenue|||
||10,055,370,633.02|6,060,887,715.35|
|Less: Operating cost|||
||451,123,681.12|250,196,296.64|
|Business tax and surcharges|||
||952,887,539.52|792,961,493.69|
|Operating expenses|||
||917,664,800.01|611,431,748.38|
|General and administrative expenses|||
||1,586,113.81|16,077,085.42|
|Financial expenses|||
||424,122.01||
|Impairment loss on assets|||

||||
|-|-|-|
|Add: Profit and loss from fair value Changes („-‟ represent loss)|||
||1,915,347,319.06|1,314,522,845.84|
|Investment income („-‟ represent loss)|||
|Including: Investment income from associates and from|||
||1,912,506,547.56|1,311,656,179.17|
|joint venture|||
||1,905,021,215.44|991,685,557.14|
|II. Operating profit („-‟ represent loss)|||
||91,981,227.67|16,042,918.42|
|Add: Non-operating income|||
||41,227,870.30|1,142,698.09|
|Less: Non-operating expenses|||
||38,652,697.08|16,403.75|
|Including: loss on disposal of non-current assets|||
||1,955,774,572.81|1,006,585,777.47|
|III. Total profit(„-‟ represent loss)|||
||32,430,772.67|-44,420,782.23|
|Less: Non-operating expenses|||
||1,923,343,800.14|1,051,006,559.70|
|IV. Net profit („-‟ represent net loss)|||
||--|--|
|V. Earnings per share:|||
||0.41|0.23|
|I) Basic earnings per share|||
||0.41|0.23|
|II) Diluted earnings per share|||
||29,942,773.12,|20,268,125.00|
|VI. Other comprehensive income|||
|Where: Other comprehensive income items can not be reclassified|||
|into profit or loss in future accounting periods|||
|other comprehensive income items satisfied predetermined|||
|condition will be reclassified to profit or loss in the future accounting|||
|period|||
||1,953,286,573.26|1,071,274,684.70|
|VII. Total comprehensive income|||

5、Consolidated Income Statement
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jan-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Period|
||36,751,508,411.20|28,640,989,715.25|
|I. Total operating revenue|||
||36,751,508,411.20|28,640,989,715.25|
|Including: operating revenue|||
|Interest income|||
|Earned premium|||
|Fee and commission income|||
||37,430,354,796.59|29,729,635,549.51|
|II. Total operating cost|||
||30,082,157,100.79|24,057,219,746.49|
|Including: Operating cost|||
|Interest expenses|||
|Fee and commission expenses|||
|Surrender value|||
|Compensation expenses|||
|Net insurance contract reserve|||
|Policy dividend expenses|||
|Reinsurance expenses|||
||1,426,977,822.94|917,782,937.50|
|Business tax and surcharges|||
||3,149,926,143.70|2,498,595,749.34|
|Operating expenses|||
||2,641,034,289.95|2,056,668,646.01|
|General and administrative expenses|||
||97,280,409.78|74,092,526.38|
|Financial expenses|||

||||
|-|-|-|
||32,979,029.43|125,275,943.79|
|Impairment loss on assets|||
|||-332,407.00|
|Add: Profit and loss from fair value changes („-„ represent loss)|||
||6,000,333,310.21|3,119,847,794.75|
|Investment income („-„ represent loss)|||
|Including: Investment income from associates and from|5,911,263,048.22|3,085,797,974.51|
|joint venture|||
|Net foreign exchange differences(„-‟ means loss)|||
||5,321,486,924.82|2,030,869,553.49|
|III. Operating profit („-‟ represent loss)|||
||164,545,237.67|80,538,111.53|
|Add: Non-operating income|||
||16,158,262.80|19,699,508.14|
|Less: Non-operating expenses|||
||9,632,111.62|4,162,103.62|
|Including: loss on disposal of non-current assets|||
||5,469,873,899.69|2,091,708,156.88|
|IV. Total profit(„-‟ represent loss)|||
||31,032,943.54|-12,830,236.70|
|Less: Income tax expense|||
||5,438,840,956.15|2,104,538,393.58|
|V. Net profit („-‟ represent net loss)|||
|Including: The net profit of the combined parties before business|-43,588,252.13|-100,466,458.67|
|combination|||
||5,452,856,529.84|2,136,428,302.39|
|Net profit attributable to owners|||
||-14,015,573.69|-31,889,908.81|
|Minority interests|||
||--|--|
|VI. Earnings per share:|||
||1.17|0.46|
|I) Basic earnings per share|||
||1.17|0.46|
|II) Diluted earnings per share|||
||-31,662,241.21|-2,129,148.00|
|VII. Other comprehensive income|||
|Where: Other comprehensive income items can not be reclassified|||
|into profit or loss in future accounting periods|||
|other comprehensive income items satisfied predetermined|||
|condition will be reclassified to profit or loss in the future accounting|||
|period|||
||5,407,178,714.94|2,102,409,245.58|
|VIII. Total comprehensive income|||
||5,421,194,288.63|2,134,299,154.39|
|Total comprehensive income attributable to owners|||
||-14,015,573.69|-31,889,908.81|
|Total comprehensive income attributable to minority interest|||

6、Income Statement
Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jan-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Perid|
||36,531,504,293.67|23,424,783,845.30|
|I. Operating revenue|||
||30,451,785,175.65|19,479,633,047.69|
|Less: Operating cost|||
||1,266,021,661.93|800,541,790.04|
|Business tax and surcharges|||
||2,824,148,467.73|2,073,050,712.76|
|Operating expenses|||
||2,241,541,783.18|1,711,581,294.41|
|General and administrative expenses|||
||80,666,771.69|62,919,475.13|
|Financial expenses|||
||37,651,812.28|93,368,086.68|
|Impairment loss on assets|||
|Add: Profit and loss from fair value Changes („-‟ represent loss)|||
||5,951,181,255.18|3,121,485,444.18|
|Investment income („-‟ represent loss)|||

||||
|-|-|-|
|Including: Investment income from associates and from|5,911,263,048.22|3,085,797,974.51|
|joint venture|||
||5,580,869,876.39|2,325,174,882.77|
|II. Operating profit („-‟ represent loss)|||
||142,672,576.70|61,021,128.65|
|Add: Non-operating income|||
||45,921,672.51|17,331,702.13|
|Less: Non-operating expenses|||
||40,525,925.75|3,705,722.03|
|Including: loss on disposal of non-current assets|||
||5,677,620,780.58|2,368,864,309.29|
|III. Total profit(„-‟ represent loss)|||
||18,724,678.57|-41,768,786.00|
|Less: Non-operating expenses|||
||5,658,896,102.01|2,410,633,095.29|
|IV. Net profit („-‟ represent net loss)|||
||--|--|
|V. Earnings per share:|||
||1.21|0.52|
|I) Basic earnings per share|||
||1.21|0.52|
|II) Diluted earnings per share|||
||9,122,023.12|22,178,625.00|
|VI. Other comprehensive income|||
|Where: Other comprehensive income items can not be reclassified|||
|into profit or loss in future accounting periods|||
|other comprehensive income items satisfied predetermined|||
|condition will be reclassified to profit or loss in the future accounting|||
|period|||
||5,668,018,125.13|866,741,491.82|
|VII. Total comprehensive income|||

7、Consolidated cash flow statement
Prepared by: Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jan-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Perid|
|I. CASH FLOWS FROM OPERATING ACTIVITIES:|||
||34,603,553,486.27|29,126,416,525.49|
|Cash received from sale of goods or rendering of services|||
|Net increase in customer deposits and placements of deposits from|||
|other financial institutions|||
|Net increase in amounts due to the Central Bank|||
|Net decrease in funds loaned to other financial institutions|||
|Cash receipts from primary insurance contract|||
|Net cash receipts from reinsurance agreement|||
|Net increase in saving from incident and investment deposit|||
|Net increase in disposal of financial assets held for trading|||
|Cash receipts from interest and fee and commission income|||
|Net increase in funds borrowed from other financial institutions|||
|Net increase in repurchase agreements|||
||88,390,158.10|28,269,313.27|
|Refunds of taxes|||
||348,217,331.95|667,398,464.41|
|Cash received relating to other operating activities|||
||35,040,160,976.32|29,822,084,303.17|
|Sub-total of cash inflows|||
||21,451,435,766.56|19,867,729,439.41|
|Cash paid for goods and services|||
|Net increase in loans and advances|||
|Net increase in amounts due from the Central Bank and|||
|placements of deposits with other financial institutions|||
|Cash payments for primary insurance contract|||

||||
|-|-|-|
|Cash payments for interest and fee and commission expenses|||
|Cash payments for policy dividend|||
||2,929,734,006.61|1,981,195,033.62|
|Cash paid to and on behalf of employees|||
||2,727,712,499.51|2,010,840,490.53|
|Cash paid for all types of taxes|||
||3,170,937,873.28|3,387,241,419.56|
|Cash paid relating to other operating activities|||
||30,279,820,145.96|27,247,006,383.12|
|Sub-total of cash outflows|||
||4,760,340,830.36|2,575,077,920.05|
|Net cash flows from operating activities|||
|II. CASH FLOWS FROM INVESTING ACTIVITIES:|||
||9,299,199.77|8,232,153.38|
|Cash received from disposal of investments|||
||4,161,840,637.96|1,632,693,160.50|
|Cash received from return on investments|||
|Net cash received from disposal of fixed assets, intangible assets|4,220,942.31|1,175,300.58|
|and other long-term assets|||
|Cash and cash equivalents of subsidiary receipts upon a|||
|acquisition|||
|||39,692,452.00|
|Cash received relating to other investing activities|||
||4,175,360,780.04|1,681,793,066.46|
|Sub-total of cash inflows|||
|Cash paid for acquisition of fixed assets, intangible assets and|1,274,206,756.19|1,934,916,625.36|
|other long-term assets|||
||441,846,276.62|5,299,732.68|
|Cash paid for acquisition of investments|||
|Net increase in pledged loan|||
|Cash paid for acquisition of subsidiary and other business units|||
|||80,000.00|
|Cash paid relating to other investing activities|||
||1,716,053,032.81|1,940,296,358.04|
|Sub-total of cash outflows|||
||2,459,307,747.23|-258,503,291.58|
|Net cash flows from investing activities|||
|III. CASH FLOWS FROM FINANCING ACTIVITIES:|||
||3,038.44|100,000,000.00|
|Cash received from absorbing investment|||
|Including: cash received from absorbing investment from minority|||
|interest of subsidiary|||
||80,000,000.00|988,000,000.00|
|Cash received from borrowings|||
|Cash received from issuing bond|||
||422,871,817.29|39,878,401.46|
|Cash received relating to other financing activities|||
||502,874,855.73|1,127,878,401.46|
|Sub-total of cash inflows|||
||2,970,000,000.00|1,231,000,000.00|
|Cash repayments of borrowings|||
|Cash paid for distribution of dividends or profits and interest|655,453,955.49|408,153,461.89|
|expenses|||
|Including: cash paid for dividends or profits and interest expenses|||
|to minority interest of subsidiary|||
||297,828,188.70|804,291.91|
|Cash paid relating to other financing activities|||
||3,923,282,144.19|1,639,957,753.80|
|Sub-total of cash outflows|||
||-3,420,407,288.46|-512,079,352.34|
|Net cash flows from financing activities|||
|IV. EFFECT OF CHANGES IN EXCHANGE RATE ON|-4,370,175.52|-1,068,464.74|
|CASH|||
|V. NET INCREASE IN CASH AND CASH|3,794,871,113.61|1,803,426,811.39|
|EQUIVALENTS|||
||3,942,941,861.56|4,643,494,705.55|
|Add: Opening balance of cash and cash equivalents|||

||||
|-|-|-|
|VI. CLOSING BALANCE OF CASH AND CASH|7,737,812,975.17|6,446,921,516.94|
|EQUIVALENT|||

8、Cash flow statement
Prepared by: Prepared by: CHONGQING CHANGAN AUTOMOBILE CO., LTD.. Jan-Sep 2014 in RMB yuan
||||
|-|-|-|
|Account|Current Period|Prior Perid|
|I. CASH FLOWS FROM OPERATING ACTIVITIES:|||
||32,747,931,951.09|22,934,437,905.20|
|Cash received from sale of goods or rendering of services|||
|||4,883,000.00|
|Refunds of taxes|||
||186,160,080.81|574,221,089.77|
|Cash received relating to other operating activities|||
||32,934,092,031.90|23,513,541,994.97|
|Sub-total of cash inflows|||
||20,930,616,009.18|14,884,416,266.64|
|Cash paid for goods and services|||
||2,322,976,387.19|1,488,277,887.61|
|Cash paid to and on behalf of employees|||
||2,441,084,316.53|1,723,404,129.27|
|Cash paid for all types of taxes|||
||2,646,768,158.58|2,928,900,896.33|
|Cash paid relating to other operating activities|||
||28,341,444,871.48|21,024,999,179.85|
|Sub-total of cash outflows|||
||4,592,647,160.42|2,488,542,815.12|
|Net cash flows from operating activities|||
|II. CASH FLOWS FROM INVESTING ACTIVITIES:|||
||5,189,514.86|8,232,153.38|
|Cash received from disposal of investments|||
||4,112,688,582.93|1,636,421,276.39|
|Cash received from return on investments|||
|Net cash received from disposal of fixed assets, intangible assets|1,487,831.98|536,432.49|
|and other long-term assets|||
|Cash received from disposal of subsidiary and other business units|||
||250,000,000.00|150,000,000.00|
|Cash received relating to other investing activities|||
||4,369,365,929.77|1,795,189,862.26|
|Sub-total of cash inflows|||
|Cash paid for acquisition of fixed assets, intangible assets and|1,097,495,278.06|1,669,745,624.29|
|other long-term assets|||
||441,846,276.62|5,299,732.68|
|Cash paid for acquisition of investments|||
|Cash paid for acquisition of subsidiary and other business units|||
|||250,000,000.00|
|Cash paid relating to other investing activities|||
||1,539,341,554.68|1,925,045,356.97|
|Sub-total of cash outflows|||
||2,830,024,375.09|-129,855,494.71|
|Net cash flows from investing activities|||
|III. CASH FLOWS FROM FINANCING ACTIVITIES:|||
||3,038.44||
|Cash received from absorbing investment|||
|||790,000,000.00|
|Cash received from borrowings|||
|Cash received from issuing bond|||
||990.49||
|Cash received relating to other financing activities|||
||4,028.93|790,000,000.00|
|Sub-total of cash inflows|||
||2,790,000,000.00|1,020,000,000.00|
|Cash repayments of borrowings|||
|Cash paid for distribution of dividends or profits and interest|||
||641,731,603.72|395,798,352.90|
|expenses|||
|Cash paid relating to other financing activities|||
||3,431,731,603.72|1,415,798,352.90|
|Sub-total of cash outflows|||

||||
|-|-|-|
||-3,431,727,574.79|-625,798,352.90|
|Net cash flows from financing activities|||
|IV. EFFECT OF CHANGES IN EXCHANGE RATE ON|||
|CASH|||
|V. NET INCREASE IN CASH AND CASH|||
||3,990,943,960.72|1,732,888,967.51|
|EQUIVALENTS|||
||3,290,584,684.00|3,081,165,146.84|
|Add: Opening balance of cash and cash equivalents|||
|VI. CLOSING BALANCE OF CASH AND CASH|7,281,528,644.72|4,814,054,114.35|
|EQUIVLANT|||

2.Auditor’s report
The 3rd quarterly report has not been audited.