TigerResearch/tigerbot-earning-plugin huggingface dataset:
Increase during the year
Interest at face value
Amortisatio
n of
discounts or premium
Translation differences
Balance at the end of the
Euro PP
10,000,000 2016.12.29 7 years
10,000,000 71,955,154 - 2,268,020 95,736  (76,355,057) 2,036,147 -
30,000,000 2017.03.29 6 years
30,000,000 216,118,687 - 6,804,060 353,720  (229,394,798) 6,118,331 -
10,000,000 2019.07.22 6 years
10,000,000 71,512,596 - 2,948,426 158,190  (76,678,281) 2,059,069 -
Total 359,586,437 - 12,020,506 607,646  (382,428,136) 10,213,547 -
SES Imagotag SA Co., Ltd. (“SES”) issued two private placement bonds with a total face value of Euro 40 million to institutional investors on 29 December 2016 and 29 March 2017. The coupon rate of the bonds is 3.50% and the maturity date is 29 December 2023. Interest payments are made annually and the principle amount will be paid when the bonds become due.
SES issued a private placement bond with a total face value of Euro 10 million to institutional investors on 22 July 2019. The coupon rate of the bond is 4.55% and the maturity date is 22 July 2025. Interest payments are made annually, and the principle amount will be paid when the bond becomes due.
33 Long-term payables
Obligations under finance leases 372,704,917  1,427,139,181 Less: Obligations under finance leases due within one
year 143,117,840  520,546,343
Total 229,587,077  906,592,838 As at 31 December 2022, the Group sold and leased back some of its machinery and
equipment and construction in progress. Since asset sales and lease transactions are
interrelated, and it is almost certain that they will be repurchased after the lease term expires, the Group conducts accounting treatment according to mortgage loans and presents them as long-term payables.
34 Deferred income
Amounts recognised in
other income Other changes
Related to assets 3,865,273,297 704,986,506 (739,587,184) (32,283,470) 3,798,389,149 Related to income 2,550,816,314 2,610,333,056 (3,781,917,899) (21,273,288) 1,357,958,183
Total 6,416,089,611 3,315,319,562 (4,521,505,083) (53,556,758) 5,156,347,332
35 Other non-current liabilities
Item Note
Contribution of non-controlling interests
with redemption provisions (1) 2,499,075,805 3,020,160,654 Deferred VAT for imported equipment - 479,505,410 Others - 36,143,812
Total 2,499,075,805 3,535,809,876
(1) Contribution of non-controlling interests with redemption provisions
The contribution of non-controlling interests with redemption provisions is mainly due to the redemption obligation of the Company to the non-controlling interests of Fuzhou BOE. The Company recognises the above non-controlling interests contribution as a financial liability which is subsequently measured at the cost of amortisation.
The Company has an obligation to repurchase part of the equity of non-controlling interests of its subsidiary Fuzhou BOE on 29 September 2023, with the repurchase principal of RMB500,000,000, and the Company recognised the principal and interest of the financial liabilities for the redemption obligation to non-current liabilities due within one year (Note V.29).
36 Share capital
year Changes during the year
Issuance of new
Cancellation of
treasury shares Sub-total
Total shares 38,445,746,482 - (249,383,061) (249,383,061) 38,196,363,421
On 20 September 2022, the Company repurchased and cancelled 243,229,361 domestically listed foreign shares (B shares) at China Securities Depository and Clearing Corporation Limited Shenzhen Branch. After the repurchase and cancellation, the total share capital of the Company changed from 38,445,746,482 to 38,202,517,121 shares.
On 14 October 2022, the Company repurchased and cancelled 6,153,700 shares of
restricted shares at China Securities Depository and Clearing Corporation Limited Shenzhen Branch. After the repurchase and cancellation, the total share capital of the Company
changed from 38,202,517,121 to 38,196,363,421 shares.
37 Other equity instruments
(1) Financial instruments (including perpetual bonds) that remain outstanding at the end of the
year are set out as follows:
Outstanding financial
instruments Issuance date
classification  Interest rate
price Quantity Amount
Maturity date or renewal status
Conversion status
20BOEY1 28 February 2020
instrument 3.64%
100/bond 20 million RMB 2 billion 3+N years
20BOEY2 19 March 2020
instrument 3.54%
20BOEY3 27 April 2020
instrument 3.50%
22BOEY1 25 March 2022
Total 80 million RMB 8 billion
(2) Major terms:
On 29 October 2019, with the approval document No. 1801 [2019] of the China Securities
Regulatory Commission (“CSRC”), the Company successfully issued a renewable corporate bond to qualified investors. The full name of the bond was Renewable Corporate Bond
Publicly Issued by BOE Technology Group Co., Ltd. (to qualified investors) in 2019 (the First Phase), which referred to as 19BOEY1 (“2019 bond”); on 28 February 2020, 19 March 2020 and 27 April 2020, the Company issued renewable corporate bonds to qualified investors. The full name of these bonds was Renewable Corporate Bond Publicly Issued by BOE
Technology Group Co., Ltd. (to qualified investors) in 2020, which referred to as 20BOEY1,20BOEY2, 20BOEY3 respectively (“2020 bond”); On March 25, 2022, the Company issued renewable corporate bonds to qualified investors. The full name of these bonds was
Renewable Corporate Bond Publicly Issued by BOE Technology Group Co., Ltd. (digital economy) in 2022 (the First Phase), which referred to as 22BOEY1 (“2022 bond”).
Both 2019 bond, 2020 bond and 2022 bond have a base term of 3 years and take every three interest-bearing years as a period. The Company is entitled to choose to extend the maturity by 1 period at the end of the agreed base term or at the end of each extended
period, or choose to fully redeem the 2019 bond, 2020 bond and 2022 bond at the end of the period. The nominal interest rate of the 2019 bond, 2020 bond and 2022 bond is fixed during the first period, and then is reset once every period. The nominal interest rate in the first
period is the initial benchmark interest rate plus the initial spread, and the nominal interest rate in the subsequent period is adjusted to the current benchmark interest rate plus the initial spread and 300 basis points. Therefore, when the Company exercises the renewal option, the nominal interest rate will significantly increase, and the corresponding nominal interest will also increase sharply. The 2019 bond, 2020 bond and 2022 bond have an
issuer’s right to defer the payment of interest. Unless a mandatory interest payment event occurs (including distributions to ordinary shareholders and decrease of registered capital). At each interest payment date of the bonds, the Company may choose at its discretion
whether to defer the payment of the current interest as well as all the deferred interests and the yields under this term until the next interest payment date without being subjected to any limit on the number of interest deferring attempts.
The 2019 bond with a three-year issuance period will expire on 28 October 2022. The
Company has decided not to exercise the bond issuer’s option to renew the bond and has paid the principal and interest of the bond in full. As at 31 December 2022, the actual
issuance of the 2020 bond and 2022 bond amounted to RMB 8,000,000,000 in total, and the Company considers that the renewable corporate bonds do not meet the definition of
financial liabilities, and therefore will charge the total amount of the issuance to other equity instruments after deducting underwriting fees and other transaction costs.
(3) Movement of the financial instruments (including perpetual bonds) that remain outstanding at
the end of the year:
At the beginning of the year Additions during the year Decrease during the year Accumulated interest At the end of the year Quantity
amount  Quantity
Charge for the
Paid during
the year  Quantity
19BOEY1 80,000,000  8,014,033,565  -  -  (80,000,000)  (7,957,047,264)  263,013,699  (320,000,000)  -  -20BOEY1 20,000,000  2,050,610,478  -  -  -  -  72,800,000  (72,800,000)  20,000,000  2,050,610,47820BOEY2 20,000,000  2,045,184,865  -  -  -  -  70,800,000  (70,800,000)  20,000,000  2,045,184,86520BOEY3 20,000,000  2,037,168,519  -  -  -  -  70,000,000  (70,000,000)  20,000,000  2,037,168,51922BOEY1 -  -  20,000,000  1,989,320,755  -  -  54,082,191  -  20,000,000  2,043,402,946
Total 140,000,000  14,146,997,427  20,000,000  1,989,320,755  (80,000,000)  (7,957,047,264)  530,695,890  (533,600,000)  80,000,000  8,176,366,808
(4) Relevant information of amounts attributable to holders of equity instruments:
Attributable to shareholders of the Company 136,089,410,395 143,204,240,947- Equity attributable to ordinary shareholders of
the Company 127,913,043,587 129,057,243,520- Equity attributable to holders of the Company’s
other equity instruments 8,176,366,808 14,146,997,427 Equity attributable to non-controlling shareholders 65,960,886,731 74,174,525,569- Equity attributable to non-controlling ordinary
shareholders 65,960,886,731 74,174,525,569- Equity attributable to non-controlling
shareholders of other equity instruments - -
(5) Accrued interest on holders of other equity instruments
In 2022, as the above-mentioned issued renewable corporate bonds are cumulative other equity instruments, the Company accrued interest of RMB 530,695,890 on renewable corporate bonds from undistributed profits and paid interest of RMB 533,600,000 on
renewable corporate bonds.
38 Capital reserve
Item Note Share premium
Other capital
reserves Total
Balance at the beginning of the year 53,380,787,828 536,821,266 53,917,609,094 Add: Changes in shareholding ratio
of subsidiaries 1,135,268,806 - 1,135,268,806 Equity-settled share-based
payment XI - 654,336,707 654,336,707 Other movements in equity of
associates V.10 - 274,685,689 274,685,689 Cancellation of treasury shares (641,811,942) - (641,811,942) Others (42,952,736) (78,631,226) (121,583,962)
Balance at the end of the year 53,831,291,956 1,387,212,436 55,218,504,392
39 Treasury shares
Reductions during
Treasury shares 3,415,768,207 1,048,154,539 (955,720,835) 3,508,201,911
According to the Proposal of Repurchase of Certain Domestically Listed Foreign Shares (B shares) by the Company deliberated on an item-by-item basis and adopted in the 39th
meeting of the ninth session of the Board of Directors held on 30 March 2022 and the 2021 annual general meeting of shareholders held on 28 April 2022, the Company repurchased its shares through centralised price bidding transactions with a designated securities account for repurchase. The Company has repurchased the first batch of shares on 27 June 2022. By the delivery date 2 September 2022, the Company repurchased 243,229,361 B shares in total by paying total consideration of RMB 856,052,540. On 20 September 2022, the
Company completed the repurchase and cancellation procedures at China Securities
Depository and Clearing Corporation Limited Shenzhen Branch. The shortfall between the cancelled treasury shares and the share capital of RMB 612,823,179 is deducted from Capital reserve - Share premium.
According to the Proposal of Repurchase of Certain Public Shares by the Company deliberated and adopted in the thirty-first meeting of the ninth session of the Board of
Directors meeting held on 27 August 2021, the Company is allowed to use its own funds to
repurchase certain of its shares through centralised price bidding transactions. The Company repurchased the shares for the first time on 2 September 2021. The Company has
repurchased its shares by centralised price bidding transactions with a designated securities account for repurchase during 2022. The Company repurchased 39,580,919 A shares in total by paying total consideration of RMB 192,101,999.
According to the Proposal of Repurchase and Cancellation of Certain Restricted Shares by the Company deliberated and adopted in the fifth meeting of the tenth session of the Board of Directors meeting held on 26 August 2022, the Company completed repurchase and cancellation of 6,153,700 restricted shares before 14 October 2022 at an average
repurchased price of RMB 5.71/share. The corresponding reduction of the treasury shares are RMB 35,142,463, the shortfall between the cancelled treasury shares and the share capital of RMB 28,988,763 is deducted against Capital reserve—Share premium.
In 2022, the Company recognised RMB 64,525,832 of restricted share dividends against
Other payables—the Repurchased obligation of restricted shares (Note V. 28) and Treasury shares.
40 Other comprehensive income
Balance at the end of previous year attributable to shareholders
of the Company  Before-tax amount
Less: Income tax expenses
Less: Amount transferred from other comprehensive income to profit
or loss
Net-of-tax amount attributable to shareholders of the
Net-of-tax amount attributable to non-controlling interests
Less: Transfer of
retained earnings
Balance at the end
of the year attributable to shareholders of the
Items that will not be reclassified to profit or
loss 34,424,335 (133,368,736)  (453,661) - (132,915,075)  - 22,781,941  (121,272,681) Including: Other comprehensive income
recognised under equity
method 207,633,206 (53,367,649)  - - (53,367,649)  - 32,873,780  121,391,777 Changes in fair value of
instruments (173,208,871) (80,001,087)  (453,661) - (79,547,426)  - (10,091,839)  (242,664,458)
Items that may be reclassified to profit or loss 79,126,812 (1,011,198,322)  - 13,903,395 (1,031,622,161)  6,520,444 -  (952,495,349) Including: Other comprehensive income
method (284,718) 63,317  - (64,550) 127,867  - -  (156,851) Translation differences arising
from translation of foreign
currency financial statements 79,411,530 (1,011,261,639)  - 13,967,945 (1,031,750,028)  6,520,444 -  (952,338,498)
Total 113,551,147 (1,144,567,058)  (453,661) 13,903,395 (1,164,537,236)  6,520,444 22,781,941  (1,073,768,030)
41 Surplus reserve
Others changes during the year
Statutory surplus reserve 2,599,918,896 348,186,351 3,287,378 2,951,392,625 Discretionary surplus reserve 289,671,309 - - 289,671,309
Total 2,889,590,205 348,186,351 3,287,378 3,241,063,934
42 Retained earnings
Item Note 2022 2021 Retained earnings at the beginning of the
year (before adjustment) 37,106,514,799 15,509,794,622 Total adjustments for opening retained
earnings (“+”for increase; “-”for
decrease) - 35,577,201 Retained earnings at the beginning of the
year (after adjustment) 37,106,514,799 15,545,371,823 Add: Net profits for the year attributable to
shareholders of the Company 7,550,877,790 25,960,751,646
Less: Appropriation for statutory surplus
reserve 348,186,351 439,649,657 Interest on holders of other equity
instruments V.37 530,695,890 533,600,000 Dividends to ordinary shares 7,958,923,130 3,476,073,919 Transfer of other comprehensive
income to retained earnings (a) (19,494,563) (49,714,906)
Retained earnings at the end of the year 35,839,081,781 37,106,514,799 According to the Annual Shareholders’Meeting for 2021 held on 28 April 2022, the Company distributed cash dividends to shareholders of A shares and B shares on 30 May 2022 (A
shares) and 1 June 2022 (B shares), with RMB 2.1 (2021: RMB 1) every 10 shares and a profit distribution amount of RMB 7,961,342,043. Considering the turnover rate, the
corresponding dividends of the expected non-exercisable portions of restricted shares are
RMB 2,418,913 with a profit distribution of RMB 7,958,923,130 (2021: RMB 3,476,073,919). As at 31 December 2022, the consolidated retained earnings attributable to the Company included appropriation to surplus reserves made by the Company’s subsidiaries amounting to RMB 6,206,465,315 (2021: RMB 5,488,720,290).
(a) The amounts both transferred from other comprehensive income to retained earnings which is associates’gains from disposal of other equity instrument investments
included in retained earnings and changes in the fair value of other equity instrument investments are carried out to retained earnings in 2022 are RMB 19,494,563 (2021: RMB 49,714,906).
43 Operating income and operating costs
Item Income Cost Income Cost Principal activities 174,113,214,324 154,442,890,090 217,251,896,977 155,258,379,475 Other operating activities 4,300,516,855 3,087,676,062 3,783,821,035 2,040,446,306 Total 178,413,731,179 157,530,566,152 221,035,718,012 157,298,825,781 Including: Revenue from contracts with
customers 177,667,655,331 157,352,470,042 220,166,407,207 157,114,068,547 Other income - Leases 746,075,848 178,096,110 869,310,805 184,757,234
Information on income of principal activities has been included in Note XIV.
Revenue and the related costs of the Group's sales before intended use are as follows: Relating to ordinary activities:
Operating income 1,407,856,936 1,725,918,507 Operating costs 1,514,976,278 1,313,600,486
44 Taxes and surcharges
Property tax 561,061,660 502,150,698 City maintenance and construction tax 268,999,607 386,889,711 Education surcharges and local education
surcharges 193,572,818 278,848,244 Stamp duty 167,033,833 168,092,921 Land use tax 50,378,527 49,797,281 Others 34,124,894 38,426,971
Total 1,275,171,339 1,424,205,826
45 Selling and distribution expenses
Warranty provisions 2,390,095,031 3,417,085,420 Staff costs 1,112,021,277 1,350,848,641 Share-based payments 97,853,078 75,191,185 Others 633,320,911 641,464,732
Total 4,233,290,297 5,484,589,978
46 General and administrative expenses
Staff costs 3,251,030,370 3,810,075,453 Repair expense 68,934,663 94,713,646 Depreciation and amortisation 971,573,303 931,978,993 Share-based payments 238,162,832 218,406,816 Others 1,717,935,838 1,638,198,681
Total 6,247,637,006 6,693,373,589
47 Research and development expenses
Staff costs 4,601,448,025 5,065,671,981 Material expenses 1,907,254,468 1,678,488,408 Depreciation and amortisation 2,000,893,037 1,913,242,133 Share-based payments 269,690,937 241,880,815 Others 2,321,482,210 1,717,142,990
Total 11,100,768,677 10,616,426,327
48 Financial expenses
Interest expenses from loans 4,033,749,371 5,219,339,546 Less: Borrowing costs capitalised 461,537,933 352,561,213 Interest income from bank deposits (1,483,022,892) (1,050,431,325) Exchange losses / (gains) 258,458,498 (248,019,022) Other financial expenses 97,483,531 114,051,216
Total 2,445,130,575 3,682,379,202 The interest rate per annum, at which the borrowing costs were capitalised by the Group, was 3.25% - 4.25% (2021: 0.76% - 3.24%) for the year.
49 Other income
Government grants related to assets 739,587,184 507,320,798 Government grants related to income 4,717,326,643 1,567,752,188 Others 28,615,497 17,692,742
Total 5,485,529,324 2,092,765,728 The amount of government subsidies related to income received by the Group in 2022 and directly included in other income was RMB 935,408,744.
50 Investment income
Income from long-term equity investments
accounted for using the equity method V.10 528,103,680 1,245,036,895 Investment income from disposal of long-
term equity investments VI.1 829,872,568 37,327,797 Dividend income from investments in other
equity instruments V.11 35,354,468 24,695,749 Including: Dividend income from
investments in other equity instruments
held at the balance sheet date 35,354,468 24,695,749 Investment income from disposal of
financial assets held for trading 116,153,975 36,689,179 Investment income from disposal of debt
investments - 3,739,725 Gains from remeasurement of remaining
equity interests to fair value upon loss of
control VI.1 4,266,631,856 - Others 318,151,337 -
Total 6,094,267,884 1,347,489,345
51 Gains from changes in fair value
Item 2022 2021 Financial assets held for trading 159,344,584 84,966,963
52 Credit losses
Item 2022  2021 Accounts receivable 49,897,296  28,250,160 Other receivables 1,679,930  159,709 Total 51,577,226  28,409,869
53 Impairment losses
Impairment losses of inventories 6,975,372,718 3,437,630,440 Impairment losses of fixed assets 143,071,492 675,831,912 Impairment losses of construction in progress 29,768,263 83,037,514 Impairment losses of long-term equity investments 8,503,403 2,009,770 Impairment losses of goodwill 147,755,754 279,742,216
Total 7,304,471,630 4,478,251,852
54 Gains from asset disposals
Item 2022 2021
Amount recognised in extraordinary gain and loss in
Gains from the disposal of assets held for sale - 156,565,635 - Gains / (losses) from disposal of fixed assets 7,963,317 (4,596,757) 7,963,317 Gains from disposal of intangible assets - 29,726 - Losses from disposal of construction in
progress - (94,570) - Gains from disposal of right-of-use assets 3,002,239 1,601,757 3,002,239
Total 10,965,556 153,505,791 10,965,556
55 Non-operating income and non-operating expenses
(1) Non-operating income by item is as follows:
Government grants 1,751,445 2,464,320 1,751,445 Others 161,491,412 129,143,626 161,491,412
Total 163,242,857 131,607,946 163,242,857
Government grants recognised in profit or loss for the current period
Item 2022 2021 Policy incentives and others 1,751,445 2,464,320
(2) Non-operating expenses
Donations provided 28,491,697 4,901,023 28,491,697 Losses from scrapping of non-current assets 17,322,542 18,096,305 17,322,542 Others 41,435,304 32,217,774 41,435,304
Total 87,249,543 55,215,102 87,249,543
56 Income tax expenses
Current tax expense based on tax law and
regulations 1,675,605,623 4,072,640,975 Changes in deferred tax assets/liabilities (1) 112,788,484 115,330,429
Total 1,788,394,107 4,187,971,404
(1) The analysis of changes in deferred tax assets/liabilities is set out below:
Origination and reversal of temporary differences 112,788,484 115,330,429
(2) Reconciliation between income tax expenses and accounting profit:
Profit before taxation 51,218,939 35,084,376,259 Expected income tax expenses at tax rate of 15% 7,682,841 5,262,656,439 Add: Effect of different tax rates applied by
subsidiaries (14,751,718) 54,451,529 Effect of non-deductible costs, expenses and
losses 315,429,605  236,708,708 Tax effect of weighted deduction and tax
preference (2,652,168,644) (1,428,917,005) Utilisation of prior year tax losses (49,695,309) (1,690,731,054) Tax effect of deductible losses of deferred tax
assets not recognised 4,456,877,895  815,217,892 Tax effect of deductible temporary differences
of deferred tax assets not recognised (274,980,563) 1,006,609,982 Effects of tax rate changes on deferred tax - (68,025,087)
Income tax expenses 1,788,394,107 4,187,971,404
In accordance with the Announcement of the Ministry of Finance, the State Taxation
Administration and the Ministry of Science and Technology on Increasing Efforts for Pre-tax Deduction to Support Scientific and Technological Innovation (Announcement [2022] No.28 of the Ministry of Finance and the State Taxation Administration), high-tech enterprises are allowed to deduct the full amount of equipment and appliances newly purchased during the period from 1 October 2022 to 31 December 2022 from the taxable income amount on a one- off basis in the current year and allowed to conduct 100% weighted deduction before tax.
57 Basic earnings per share and diluted earnings per share
Basic earnings per share is calculated as dividing consolidated net profit attributable to
ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding. The Group does not have any potential dilutive ordinary shares for the listed years.
Consolidated net profit attributable to shareholders
of the Company 7,550,877,790 25,960,751,646 Less: Current interest of other equity instruments 530,695,890 533,600,000 Less: Current dividends of restricted shareholders 64,525,832 31,234,036 Consolidated net profit attributable to ordinary
shareholders of the Company 6,955,656,068 25,395,917,610 Weighted average number of ordinary shares
outstanding (shares) 37,502,641,911 35,704,986,088 Basic earnings per share (RMB/share) 0.19 0.71
Weighted average number of ordinary shares is calculated as follows:
Issued ordinary shares at the beginning of the year 37,638,356,849 34,448,398,830 Add: Weighted average number of ordinary shares
issued in current period  - 1,330,137,380
Less: Weighted average number of ordinary shares
repurchased in current period 135,714,938 73,550,122
Weighted average number of ordinary shares at the
end of the year 37,502,641,911 35,704,986,088
58 Supplementary information on cash flow statement
(1) Supplement to cash flow statement
(a) Reconciliation of net (loss) / profit to cash