TigerResearch/tigerbot-earning-plugin huggingface dataset:
Total amount of advances to five largest debtors| Amount|% of total balance
|1,420,215,456|92.52%
|31 December 2022|31 December 2021
 Land withdrawal receivable|285,763,798|302,530,718
 Current accounts receivables from related parties (Note 8(6))|258,446,096|1,740,236,196
 Receivables from sale of by-products|142,602,487|95,418,898
 Including: Receivables from related parties(Note 8(6))|131,141,189|76,772,719
 Supplementary medical insurance fund receivable|102,914,387|98,784,664
 Receivables from business units|75,047,046|118,932,979
Land deposits receivable|23,446,000|23,446,000
 Compensation receivable for electricity charges during the demolition and construction period|7,099,200|15,824,336
 Petty cash receivable|3,460,868|2,646,600
 Others|71,308,102|69,403,144
|970,087,984|2,467,223,535
 Less: Provision for bad debts|(35,303,832)|(37,747,977)
|934,784,152|2,429,475,558
|31 December 2022|31 December 2021
 Within 1 year|512,250,821|2,226,475,458
1 to 2 years|249,175,803|168,657,304
2 to 3 years|153,072,185|5,694,340
 Over 3 years|55,589,175|66,396,433
|970,087,984|2,467,223,535
Notes to the consolidated financial statements (Cont’d)
(4) Other receivables (Cont’d)
||| Stage 1||| Stage 3||
|12-month ECL (group)||12-month ECL (individual)|| Sub-total| Lifetime ECL (credit impaired)|| Total
| Book balance| Provision for bad debts| Book balance| Provision for bad debts| Provision for bad debts| Book balance| Provision for bad debts| Provision for bad debts
31 December 2021|135,587,452|(18,131,497)|2,312,019,603|-|(18,131,497)|19,616,480|(19,616,480)|(37,747,977)
 Increase in the current year|80,560,005|(6,252,264)|4,129,723|-|(6,252,264)|-|-|(6,252,264)
 Reversal in the current year|(60,565,705)|7,787,920|(1,520,351,085)|-|7,787,920|(330,827)|330,827|8,118,747
 Write-off in the current year|(27,250)|27,250|-|-|27,250|(550,412)|550,412|577,662
 Transfer to Stage 3|(2,926,022)|2,926,022|-|-|2,926,022|2,926,022|(2,926,022)|-
31 December 2022|152,628,480|(13,642,569)|795,798,241|-|(13,642,569)|21,661,263|(21,661,263)|(35,303,832)
(b) Loss provision and changes in book balance (Cont’d)
As at 31 December 2022 and 31 December 2021, the Group did not have other receivables at Stage
2. Other receivables at Stage 1 and Stage 3 are analysed as follows:
(i) As at 31 December 2022, other receivables for which the related provision for bad debts was
Stage 1 Receivables from related parties| Book balance|12-month ECL rates| Provision for bad debts| Reason
|389,587,285|-|-| The counterparty is a related party, with a historical loss rate of 0% ; therefore, the risk of ECL is extremely low.
 Land withdrawal receivable|271,989,298|-|-| The counterparty is a government unit and the risk of ECL is extremely low.
 Supplementary medical insurance fund receivable|102,914,387|-|-| The counterparty is Taikang Pension Co., Ltd. Guangdong Branch(“Taikang Pension”), which mainly provides custody services for the Group’s supplementary medical insurance fund. The historical loss rate is 0%, and the risk of ECL is extremely low.
 Land deposits receivable|23,446,000|-|-| The counterparty is a government unit and the risk of ECL is extremely low.
 Compensation receivable for electricity charges during the demolition and construction period|7,099,200|-|-| The demolition and construction project is initiated by the state-owned industrial park, which pays compensation expenses, and the risk of ECL is extremely low.
 Others|762,071|-|-| The counterparty is a government unit, with a historical loss rate of 0%; therefore, the risk of ECL is extremely low.
|795,798,241||-|
 Stage 3 Receivables from business units| Book balance| Lifetime ECL rates| Provision for bad debts| Reason
|16,591,996|100%|(16,591,996)| Unrecoverable by estimation since the counterparty is financially difficult.
 Others|5,069,267|100%|(5,069,267)| Unrecoverable by estimation since the counterparty is financially difficult.
|21,661,263||(21,661,263)|
(i) As at 31 December 2021, other receivables for which the related provision for bad debts was
Stage 1 Receivables from related parties| Book balance|12-month ECL rate| Provision for bad debts| Reason
|||| The counterparty is a related party, with a historical loss rate of 0% ; therefore, the risk of ECL is extremely
|1,817,008,915|-|-|low.
 Land withdrawal receivable|||| The counterparty is a government unit
|288,756,218|-|-|and the risk of ECL is extremely low.
 Supplementary medical insurance fund receivable|98,784,664|-|-| The counterparty is Taikang Pension, which mainly provides custody services for the Group’s supplementary medical insurance fund. The historical loss rate is 0%, and the risk of ECL is extremely low.
 Receivables from business units|58,920,000|-|-| The amount has the performance guarantee issued by bank with an extremely low risk of ECL.
Land deposits receivable|||| The counterparty is a government unit
|23,446,000|-|-|and the risk of ECL is extremely low.
 Compensation receivable for electricity charges during the demolition and construction period|||| The demolition and construction project is initiated by the state-owned industrial park, which pays compensation expenses, and the risk
|15,824,336|-|-|of ECL is extremely low.
|||| The counterparty is a government unit, with a historical loss rate of 0%; therefore, the risk of ECL is extremely
 Others|9,279,470|-|-|low.
|2,312,019,603| Lifetime ECL rates|-|
Stage 3 Receivables from business units| Book balance|| Provision for bad debts| Reason
|13,889,589|100%|(13,889,589)| Unrecoverable by estimation since the counterparty is financially difficult.
 Others|5,726,891|100%|(5,726,891)| Unrecoverable by estimation since the counterparty is financially difficult.
|19,616,480||(19,616,480)|
(ii) As at 31 December 2022 and 31 December 2021, other receivables for which the related provision
for bad debts was provided on a collective basis are all within Stage 1, which are analysed as follows:
||31 December 2022|
| Book balance| Loss provision|
 Group 1 Within 1 year| Amount| Amount| Provision ratio
|77,606,733|(4,014,982)|5.17%
1 to 2 years|63,120,629|(1,263,279)|2.00%
2 to 3 years|2,357,477|(466,557)|19.79%
 Over 3 years|9,543,641|(7,897,751)|61.40%
|152,628,480|(13,642,569)|8.94%
||31 December 2021|
| Book balance| Loss provision|
 Group 1 Within 1 year| Amount| Amount| Provision ratio
|112,414,194|(909,472)|0.81%
1 to 2 years|6,183,553|(807,222)|13.05%
2 to 3 years|860,422|(288,519)|33.53%
Over 3 years|16,129,283|(16,126,284)|99.98%
|135,587,452|(18,131,497)|13.37%
(c) The amount of provision for bad debts of other receivables in the current year was RMB 6,252,264
(2021: RMB 22,488,667), and the amount of reversed provision for bad debts of other receivables in the current year was RMB 8,118,747 (2021: RMB 692,002), with corresponding book balance of RMB 60,896,532 (2021: RMB 54,151,642).
The balance of other receivables that were written off in the current year was RMB 577,662, and the provision for bad debts was RMB 577,662.
(d) As at 31 December 2022, the five largest other receivables aggregated by debtors are analysed as
| Nature| Balance| Ageing|% of total balance| Provision for bad debts
 Energy Financial Leasing Company| Current accounts receivables from related parties|240,453,119| Within 2 years|24.79%|-
 People’s Government of Chengjiang Town, Meixian District, Meizhou City| Land withdrawal receivable|136,885,400|2 to 3 years|14.11%|-
 Guangdong Yudean Environmental Protection Co., Ltd.(“Yudean Environmental”)| Receivables from sale of by-products to related parties|131,141,189| Within 1 year|13.52%|-
 People’s Government of Yamen Town, Xinhui District, Jiangmen City| Land withdrawal receivable|109,094,018|1 to 2 years|11.25%|-
 Taikang Pension| Supplementary medical insurance fund receivable|102,914,387| Within 5 years|10.61%|-
||720,488,113||74.27%|-
(5) Inventories
|31 December 2022|||31 December 2021||
| Book balance| Provision for decline in the value of inventories| Carrying amount| Book balance| Provision for decline in the value of inventories| Carrying amount
 Fuel|2,451,751,083|-|2,451,751,083|2,189,710,739|-|2,189,710,739
 Spare parts|930,548,565 (34,044,608)||896,503,957|817,710,542|(34,044,608)|783,665,934
 Others|28,613,060|-|28,613,060|25,517,866|-|25,517,866
|3,410,912,708 (34,044,608)||3,376,868,100|3,032,939,147|(34,044,608)|2,998,894,539
Provision for decline in the value of inventories is analysed as follows:||||
|31 December 2021| Written off in the current year||31 December 2022
 Spare parts|(34,044,608)||-|(34,044,608)
 Provision for decline in the value of inventories is as follows:||||
| Specific basis for determining net|realisable value|| Reason for write-off
| The carrying amount is higher than the amount of net realisable value of the disposal proceeds less costs|||
 Spare parts||to sell|| Nil
Other current assets||31 December 2022||31 December 2021
 Input VAT to be deducted||822,610,159||1,238,295,329
 Carbon emission rights assets (a)||35,890,568||295,315
 Prepayment of income tax||15,213,902||174,867,263
 Others||1,891,176||4,527,701
 Long-term equity investments||875,605,805||1,417,985,608
||31 December 2022||31 December 2021(Restated)
Joint ventures (a)||891,570,923||654,820,514
 Associates (b)||8,423,629,394||7,536,476,456
 Less: Provision for impairment of long-term equity investments||9,315,200,317||8,191,296,970
||(117,147,134)||(117,147,134)
||9,198,053,183||8,074,149,836
(5) Inventories (Cont’d)(b)
||| Movements in the current year|||||
|31 December2021| Increase in investments| Share of net profit/(loss) under equity method| Share of other comprehensive income| Cash dividends declared| Others|31 December2022| Ending balance of provision for impairment loss
 Industry Fuel|645,470,514|-|64,928,489|-|-|-|710,399,003|-
 China Aviation Shenxin Wind Power Co., Ltd.(“China Aviation Shenxin”) (i)|-|174,328,518|-|-|-|-|174,328,518|-
 Zhanjiang Yuexin Distributed Energy and Technique Co., Ltd.(“Yuexin Energy”)|9,350,000|-|(2,506,598)|-|-|-|6,843,402|-
|654,820,514|174,328,518|62,421,891|-|-|-|891,570,923|-
Please refer to Note 6(2) for related information of interest in joint ventures.
(i) On 29 December 2022, the Group's subsidiary Guangdong Wind Power Generation Co Ltd. ("Provincial Wind") acquired 51% equity of China Aviation
Shenxin at a consideration of RMB 174,328,518, which was originally held by China Aviation Industry Renewable Energy Corporation ("Aviation Industry Renewable Energy"). As at 31 December 2022, the Group's subsidiary Provincial Wind held 51% equity of China Aviation Shenxin. According to the articles of association of China Aviation Shenxin, the resolution of the shareholders' meeting must be unanimously adopted by shareholders representing more than 2/3 of the voting rights. Therefore, China Aviation Shenxin is jointly controlled by the Group's subsidiary Provincial Wind and Inner Mongolia Electric Power Survey&Design Institute Co., Ltd., which holds 49% equity.
|||| Movements in the current year||||| Ending balance of provision for impairment loss
|31 December2021| Increase in investments| Decrease in investments| Share of net profit/(loss) under equity method| Share of other comprehensive income (Note4(36))| Share of other changes in equity (ii)| Cash dividends or profits declared|31 December2022|
 Shanxi Yudean Energy Co., Ltd. (“Shanxi Yudean Energy”) (i)|(Restated)||||||||
|2,363,177,253|130,000,000|-|526,175,689|-|-|-|3,019,352,942|-
 Guangdong Guohua Yudean Taishan Electric Co., Ltd.(“Taishan Electric”)|1,784,468,086|-|-|116,886,446|-|-|-|1,901,354,532|-
 Energy Group Finance Company|1,666,774,664|-|-|151,630,673|9,938,693|-|(123,894,709)|1,704,449,321|-
 Energy Financial Leasing Company|532,306,787|-|-|23,242,646|-|-|(18,292,179)|537,257,254|-
GEG Property&Casualty Captive Insurance Co., Ltd.(“GEG Property Insurance”)|276,532,777|-|-|11,597,609|-|-|(2,426,770)|285,703,616|-
 Guangdong Yudean Shipping Co., Ltd. (“Yudean Shipping”)|247,954,895|-|-|26,726,321|1,855,914|636,197|-|277,173,327|-
 Guizhou Yueqian Power Co., Ltd. (“Yueqian Power”)|161,325,870|-|-|70,648,616|-|-|-|231,974,486|-
 South Sea Wind Electricity Development Co., Ltd.(“South Sea Wind Electricity”)|169,753,693|-|-|25,405,459|-|-|(102,550)|195,056,602|-
 Yunnan Energy Investment Weixin Co., Ltd. (“Weixin Yuntou”)|138,810,051|-|-|(52,510,020)|-|-|-|86,300,031|(96,327,854)
 Sub-total for next page|7,341,104,076|130,000,000|-|899,803,439|11,794,607|636,197|(144,716,208)|8,238,622,111|(96,327,854)
|||| Movements in the current year||||| Ending balance of provision for impairment loss
|31 December 2021| Increase in investments| Decrease in investments| Share of net profit/(loss) under equity method| Share of other comprehensive income (Note4(36))| Share of other changes in equity (ii)| Cash dividends or profits declared|31 December2022|
 Huaneng ShantouWind Power Co., Ltd. (“Huaneng ShantouWind Power”)|(Restated)||||||||
|60,691,152|-|-|5,061,794|-|-|(5,530,034)|60,222,912|-
 Yunfu Power Plant (B Power Plant) Co., Ltd. (“Yunfu B”)|9,596,285|-|-|(9,596,285)|-|-|-|-|(20,819,280)
 Others|7,937,809|-|(2,033,756)|2,315,498|-|-|(582,314)|7,637,237|-
 Total|7,419,329,322|130,000,000|(2,033,756)|897,584,446|11,794,607|636,197|(150,828,556)|8,306,482,260|(117,147,134)
Please refer to Note 6(2) for related information of equity in associates.
(7) Long-term equity investments (Cont’d)(b) Associates (Cont’d)
(i) As at 29 August 2022, the Company and GEGC increased a capital of RMB 325,000,000 to
Shanxi Yudean Energy in proportion of the shareholding, for the investment in wind farm phase II100MW project in Xiyan Town, Mengxian, Wuxiang 100MW integrated photovoltaic energy integration project, Qinshui 100MW parity photovoltaic project, Dabu Xianeng 100MW agricultural photovoltaic complementary project, Dongfeng Yueda KIA 36 MW distributed photovoltaic power generation project in Yancheng City, Jiangsu Province, among which the Company contributed RMB 130,000,000 at the shareholding proportion of 40%.
(ii) In 2022, other changes in equity from long-term equity investments in associates were changes in
capital surplus of RMB 636,197 (2021: changes in capital surplus of RMB 5,383,623).
|31 December 2022|31 December 2021| Cash dividends in the current year
 Investments in equity instrument not held for trading- Equity of listed companies|||
|2,105,271,054|547,728,682|66,846,450
- Equity of unlisted companies|952,800,000|2,684,300,000|34,416,139
|3,058,071,054|3,232,028,682|101,262,589
(8) Investments in other equity instruments (Cont’d)
Investments in other equity instruments - cost- Shanghai Shenergy Co., Ltd. (“Shanghai Shenergy”)(a)|31 December2021| Movements in the current year|31 December2022|% of shareholding in investee| Cash dividends in the current year
|235,837,988|-|235,837,988|1.13%|11,106,450
- Sunshine Insurance (e)|356,000,000|-|356,000,000|3.04%|52,500,000
- Shenzhen Capital Group Co., Ltd. (“SCG”) (c)|328,034,000|-|328,034,000|3.67%|34,416,139
- Others|20,290,628|2,000,000|22,290,628|-|3,240,000
 Investments in other equity instruments - accumulated changes in fair value- Shanghai Shenergy (a)|940,162,616|2,000,000|942,162,616||101,262,589
|173,434,694|(104,400,630)|69,034,064||
- Sunshine Insurance (e)|1,297,500,000|42,203,802|1,339,703,802||
- SCG (c)|701,966,000|(80,000,000)|621,966,000||
- Others|118,965,372|(33,760,800)|85,204,572||
|2,291,866,066|(175,957,628)|2,115,908,438||
 Total|3,232,028,682|(173,957,628)|3,058,071,054||
The Group does not participate in or influence the financial and operating decisions of the above investees in any ways. Therefore, the Group has no significant influence on the above investees, and accordingly they are accounted for as investments in other equity instruments.
(a) As at 31 December 2022, the Company held 55,532,250 tradable A shares in Shanghai Shenergy
with fair value of RMB 304,872,052, and the investment cost was RMB 235,837,988. The investment was stated at fair value with reference to the market price. During the year, losses on fair value amounted to RMB 104,400,630 (2021: Gains of RMB 119,394,337), and other comprehensive income was adjusted downwards accordingly.
(b) As at 31 December 2022, the Company held 350,000,000 tradable H shares in Sunshine
Insurance with fair value of RMB 1,695,703,802, and the investment cost was RMB 356,000,000. The investment was stated at fair value with reference to the market price. During the year, gains on fair value amounted to RMB 42,203,800 (2021: Losses of RMB 382,500,000), and other comprehensive income was adjusted upwards accordingly.
(c) As at 31 December 2022, the fair value of the equity that the Company held in SCG amounted to
RMB 950,000,000, and the investment cost was RMB 328,034,000. During the year, losses on fair value amounted to RMB 80,000,000 (2021: Losses of RMB 18,000,000), and other comprehensive income was adjusted downwards accordingly.
Cost- Opening balance| Buildings| Land use rights| Total
|508,730,777|46,042,801|554,773,578
- Additions in the current year|438,747|-|438,747
- Transfer out in the current year|(6,646,703)|-|(6,646,703)
- Ending balance|502,522,821|46,042,801|548,565,622
 Accumulated depreciation- Opening balance|(164,834,616)|(11,142,030)|(175,976,646)
- Increase in the current year(a)|(8,382,937)|(903,659)|(9,286,596)
- Transfer out in the current year|1,982,921|-|1,982,921
- Ending balance|(171,234,632)|(12,045,689)|(183,280,321)
 Carrying amount- Ending balance|331,288,189|33,997,112|365,285,301
- Opening balance|343,896,161|34,900,771|378,796,932
(a) In 2022, depreciation charged to investment properties amounted to RMB 9,286,596 (2021: RMB
9,980,869) among which depreciation expenses charged to cost of sale, and general and administrative expenses were RMB 8,650,998 and RMB 635,598 (2021: RMB 9,345,271 and RMB635,598) respectively.
|31 December 2022|31 December 2021(Restated)
 Fixed assets (a)|62,273,985,182|57,047,122,800
 Disposals of fixed assets (b)|126,189,875|97,976,623
|62,400,175,057|57,145,099,423
| Buildings| Power generation equipment| Motor vehicles| Other equipment| Total
 Cost31 December 2021 (restated)| Self-use| Self-use| Self-use| Self-use|
|30,461,761,423|89,377,001,367|662,435,852|1,477,718,227|121,978,916,869
 Increase in the current year Purchase|134,349,033|592,158,863|30,097,302|39,528,359|796,133,557
 Transfers from construction in progress (ii)|4,242,193,676|5,602,827,775|16,329,419|24,673,176|9,886,024,046
 Transfers from investment properties in the current year|6,646,703|-|-|-|6,646,703
 Adjustment due to differences in project settlement|-|-|-|344,828|344,828
Decrease in the current year Disposal and scrap|(54,322,334)|(1,010,811,239)|(23,399,532)|(27,594,568)|(1,116,127,673)
 Decrease in disposals of subsidiaries in the current year|-|(589,568)|(946,774)|(155,678)|(1,692,020)
 Adjustment due to differences in project settlement|(173,882,730)|(373,906,790)|(1,318,463)|-|(549,107,983)
31 December 2022|34,616,745,771|94,186,680,408|683,197,804|1,514,514,344|131,001,138,327
| Buildings| Power generation equipment| Motor vehicles| Other equipment| Total
 Accumulated depreciation31 December 2021 (restated)| Self-use| Self-use| Self-use| Self-use|
|(11,937,538,940)|(50,281,958,185)|(477,541,422)|(1,064,855,631)|(63,761,894,178)
 Increase in the current year Provision (i)|(788,100,674)|(3,684,084,079)|(36,843,550)|(109,796,801)|(4,618,825,104)
 Transfers from investment properties in the current year|(1,982,921)|-|-|-|(1,982,921)
 Decrease in the current year Disposal and scrap|26,147,085|712,018,401|21,891,122|26,026,064|786,082,672
 Decrease in disposals of subsidiaries in the current year|-|406,884|908,682|152,422|1,467,988
31 December 2022|(12,701,475,450)|(53,253,616,979)|(491,585,168)|(1,148,473,946)|(67,595,151,543)
| Buildings| Power generation equipment| Motor vehicles| Other equipment| Total
 Provision for impairment31 December 2021| Self-use| Self-use| Self-use| Self-use|
|(236,527,567)|(932,674,173)|(422,918)|(275,233)|(1,169,899,891)
 Increase in the current year Provision (iii)|(155,592,876)|-|-|-|(155,592,876)
 Others|(4,519,416)|-|-|-|(4,519,416)
 Decrease in the current year||-|-|-|
 Disposal and scrap|1,277,211|192,205,656|-|8,298|193,491,165
Other decreases|-|4,519,416|-|-|4,519,416
31 December 2022|(395,362,648)|(735,949,101)|(422,918)|(266,935)|(1,132,001,602)
 Carrying amount31 December 2022|21,519,907,673|40,197,114,328|191,189,718|365,773,463|62,273,985,182
31 December 2021 (restated)|18,287,694,916|38,162,369,009|184,471,512|412,587,363|57,047,122,800
(10) Fixed assets (Cont’d)(a) Fixed assets (Cont’d)
As at 31 December 2021 and 31 December 2022, no power generation equipment or buildings were pledged as collateral for long-term borrowings.
(i) In 2022, depreciation of fixed assets charged into cost of sale, general and administrative
expenses, construction in progress, research and development expenses and selling expenses are set out as follows:
|2022|2021(Restated)
 Cost of sale|4,404,866,139|3,916,896,479
 Research and development expenses|145,433,531|36,944,538
 General and administrative expenses|66,063,836|63,638,815
 Construction in progress|1,929,448|4,583,607
 Selling expenses|532,150|737,724
|4,618,825,104|4,022,801,163
(ii) The costs of fixed assets transferred from construction in progress in the current year amounted to
RMB 9,886,024,046 (2021: RMB 9,445,047,480) (Note 4(11)(a)(i)).
(iii) Impairment of fixed assets
Guangdong Yuehua Power Co., Ltd. ("Yuehua Power")(Note 1)|31 December2021| Increase in the current year| Decrease in the current year|31 December2022
|538,763,955|- (164,847,347)||373,916,608
 Guangdong Yudean Bohe Energy Co., Ltd. ("Bohe Energy")(Note 2)|208,000,000|-|-|208,000,000
 Lincang Energy (Note 3)|200,601,657|-|(461,200)|200,140,457
 Guangdong Yudean Shaoguan Power Plant Co., Ltd.(Shaoguan Power Plant) (Note 4)|39,598,360|75,133,692|(108,588)|114,623,464
 Guangdong Yudean Yangjiang OffshoreWind Power Co., Ltd. (“YangjiangWind Power”) (Note 5)|-|80,459,184|-|80,459,184
 Guangdong Electric Power Development Co., Ltd. Shajiao A Power Plant (“Shajiao A Power Plant”)|50,656,655|-|(8,298)|50,648,357
Guangdong Energy Maoming Thermal Power Station Co., Ltd. (“Maoming Thermal”)|29,751,684|-|-|29,751,684
 Guangdong Red Bay Power Generation Co., Ltd. (“Red Bay Power”)|45,049,547|-|(23,821,407)|21,228,140
 Guangdong Yudean Jinghai Power Co., Ltd. (“Jinghai Power”)|22,228,873|-|(2,856,886)|19,371,987
 Zhanjiang Electric|18,822,875|-|-|18,822,875
 Guangdong Yudean Yunhe Power Co., Ltd. ("Yunhe Power")|10,388,437|-|-|10,388,437
 Guangdong Huizhou Natural Gas Power Co., Ltd. (“Huizhou Natural Gas”)|3,230,570|-|-|3,230,570
 Zhanjiang Zhongyue Energy Co., Ltd. (“Zhongyue Energy”)|2,807,278|-|(1,387,439)|1,419,839
|1,169,899,891|155,592,876 (193,491,165)||1,132,001,602
Note 1 Yuehua Power shut down 5# generator unit at the end of 2019 and 6# generator unit at the end
of November 2020. The Group tested the recoverable amount of the asset groups of 5# and 6# generator units that had been shut down, and made provision for impairment accordingly. At the end of 2019, a provision for impairment of the related asset group of 5# generator unit amounting to RMB 317,686,700 and a provision for impairment of the related asset group of 6# generator unit amounting to RMB 251,426,700 were made. In 2022, Yunhua Power partly disposed of the related assets of 5# and 6# generator units that had been shut down, the accumulated provision for impairment written off on such disposals amounted to RMB 164,847,347, and the balance of provision for impairment amounted to RMB 373,916,608.
Note 2 In 2020, Bohe Energy obtained approval from Guangdong Provincial Development and Reform
Committee. As the alternative capacity of some generator units could not be approved, management expected that the alternative capacity of these units would not be available for subsequent project construction or sale. Therefore, a provision of RMB 208,000,000 for impairment of fixed assets was made to the capitalised acquisition cost of the alternative capacity of these generator units.
Note 3 Due to the fierce competition in the hydroelectric power market in Yunnan Province, Lincang