广东电力发展股份有限公司 2013 年第三季度报告全文
Guangdong Electric Power Development Co., Ltd.
The Third Quarterly Report 2013
October 2013
广东电力发展股份有限公司 2013 年第三季度报告全文
§1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and expecutives of the
Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the
Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and
completeness of the Quarterly Report.
Other directors attended the meeting on examining the Annual except for the following directors.
Name absent
Title Reason of absence Name of entrusted
director
Pan Li Board chairman Due to business Li Zhuoxian
Liu Qian Vice Board chairman Due to business Hong Rongkun
Zhang Xueqiu Director Due to business Liu Tao
Song Xianzhong Independent Director Due to business Zhu Weiping
Mr. Pan Li, Person in charge of the Company, Mr.Li Xiaoqing , Person in charge of accounting works, Mr.
Qin Jingdong ,CFO as well as person in charge of accounting institution represent and warrant the financial and
accounting report in the Third quarterly report is true and complete.
广东电力发展股份有限公司 2013 年第三季度报告全文
II.Main financial data and changes of shareholders
（1）Main accounting data and financial Index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting
error correction or not.
□Yes √ No
Changed （%）over
As at the end of the
As at the end of last year end of prev. year
reporting period
After adjustment
Gross assets（RMB） 68,042,970,857.00 65,708,659,470.00 3.55%
Net assets attributable to the
shareholders of the listed company 18,476,033,361.00 16,255,322,328.00 13.66%
（RMB）
Increase/decrease over
January 1, 2013 to Changed （%）over
Reporting period the same period of last
September 30,2013 end of prev. year
year（%）
Operating income（RMB） 8,560,954,937.00 16.84% 23,107,982,409.00 5.88%
Net profit attributable to the
shareholders of the listed company 1,170,459,368.00 70.13% 2,527,943,648.00 99.77%
（RMB）
Net profit after deducting of
non-recurring gain/loss attributable
1,160,832,105.00 278.48% 2,526,287,308.00 340.07%
to the shareholders of listed
company（RMB）
Cash flow generated by business
-- -- 7,532,140,641.00 1.63%
operation, net（RMB）
Basic earning per
0.27 8% 0.58 81.25%
share(RMB/Share)
Diluted gains per
0.27 8% 0.58 81.25%
share(RMB/Share)(RMB/Share)
Weighted average income/asset
6.55% 1.58% 14.52% 5.38%
ratio（%）
Notes: TheCompany did not make retroactive adjustment due to change in accounting policies and
correction of accounting errors. As the Company completed significant asset reorganization on
December 31, 2012 and the enterprises under the same control merged, the Company restated the
accounting data and financial indicators for the first three quarters of 2012. If the influence of
reorganization on the Company's earnings is eliminated, the net profit for the shareholders of the
Company for the first three quarters of 2013 increased by 301.95% year on year.
广东电力发展股份有限公司 2013 年第三季度报告全文
Items and amount of non-current gains and losses
√Applicable □Not applicable
Unit:RMB
Amount (Year-beginning to
Items Notes
the end of the report period.)
Non-current asset disposal gain/loss(including the
write-off part for which assets impairment provision is -33,701,866.00
made)
Governmental Subsidy accounted as current gain/loss, except for
those subsidies at with amount or quantity fixed by the national
32,265,081.00
government and closely related to the Company’s business
operation.
Gain/loss from commissioned investment or assets 11,775,420.00
Net amount of non-operating income and expense except the
13,138,578.00
aforesaid items
Other gain/loss items satisfying the definition of non-recurring
-26,250,000.00
gain/loss account
Less:Amount of influence of income tax -857,059.00
Influenced amount of minority shareholders’ equity(After tax) -3,572,068.00
Total 1,656,340.00 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
(II)Total number of shareholders at the end of report period and Particular about shares held by top ten
shareholders
Unit：Shares
Total number of shareholders at the
119,842
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or Freezing
Properties of Share tradable shares
Shareholder name Quantity Status of the
shareholder proportion % with Conditional Quantity
shares
held
State-owned legal
Guangdong Yudean Group Co., Ltd. 67.39% 2,948,297,867 1,715,872,525
person
广东电力发展股份有限公司 2013 年第三季度报告全文
Shenzhen Guangfa Electric Power Investment State-owned legal
2.33% 101,777,185
Co., Ltd. person
Guangdong Province Electric Power State-owned legal
1.8% 78,639,451
Development Company person
China Construction Bank－Penghua Value Domestic non
Advantage Stock-linked State-owned 0.74% 32,242,039
Security Investment Fund Legal person
Domestic non
China Life Insurance Co.,Ltd－Dividend －
State-owned 0.56% 24,545,291
Individual dividend-005L-FH002 Shen
Legal person
GUOTAI JUNAN SECURITIES(HONGKONG) Foreign legal
0.48% 21,104,829
LIMITED person
Domestic Natural
Lei Guoquan 0.36% 15,691,255
person
BBH A/C VANGUARD EMERGING Foreign legal
0.32% 13,878,037
MARKETS STOCK INDEX FUND person
CHINA INT'L CAPITAL CORP HONG KONG Foreign legal
0.27% 11,860,110
SECURITIES LTD person
Foreign legal
GOLDEN CHINA MASTER FUND 0.26% 11,279,415
person
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted Share type
Name of the shareholder shares held at the end of Quantit
Share type
the reporting period y
Guangdong Yudean Group Co., Ltd. 1,232,425,342 RMB Common shares
Shenzhen Guangfa Electric Power Investment Co., Ltd. 101,777,185 RMB Common shares
Guangdong Province Electric Power Development
78,639,451 RMB Common shares
Company
China Construction Bank－Penghua Value Advantage Stock-linked
32,242,039 RMB Common shares
Security Investment Fund
China Life Insurance Co.,Ltd－Dividend －Individual
24,545,291 RMB Common shares
dividend-005L-FH002 Shen
Foreign shares placed in
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 21,104,829
domestic exchange
Lei Guoquan 15,691,255 RMB Common shares
BBH A/C VANGUARD EMERGING MARKETS STOCK INDEX Foreign shares placed in
13,878,037
FUND domestic exchange
CHINA INT'L CAPITAL CORP HONG KONG SECURITIES LTD 11,860,110 Foreign shares placed in
广东电力发展股份有限公司 2013 年第三季度报告全文
domestic exchange
Foreign shares placed in
GOLDEN CHINA MASTER FUND 11,279,415
domestic exchange
Explanation on associated relationship or consistent action among the Guangdong Electric Power Development Co., Ltd. the Third
top 10 shareholders of non-restricted negotiable shares and that of the top 10 shareholders, is a subsidiary of Yudean Group,
between the top 10 shareholders of non-restricted negotiable shares Which is the No.1shareholder; its is unknown whether
and top 10 shareholders relationship exists between other shareholders.
Explanation on shareholders participating in the margin trading
N/A
business(if any )
Did any shareholder of the Company carry out an agreed buy-back in the reporting period?
□ Yes √ No
广东电力发展股份有限公司 2013 年第三季度报告全文
III Significant Events
I. Particular about large-margin change of main accounting statement item and financial index and its reason.
(1) Change of items of balance sheet and notes to reasons
Item End of the report End of the previous Proportion of Notes to reasons for change
period year increase or
decrease
Monetary capital 5,658,745,142.00 2,870,764,537.00 97.12% Increase of cash flows from operating activities
Payment in advance 1,691,264,468.00 1,109,012,578.00 52.50% increase of prepayment for fuels and equipment
Other receivables 308,335,450.00 710,718,239.00 -56.62% Recovery of supplemental payment for asset
reorganization from Yudean Group Company
Construction in 5,139,858,104.00 7,300,925,262.00 -29.60% New units were built up and started operation
progress and fewer denitration works and technical
renovation works of some power plants were
transferred into fixed assets.
Short-term loan 9,942,000,000.00 13,573,100,000.00 -26.75% Part of short-term loans were replaced by
corporate bonds, short-term financing notes and
borrowing of insurance funds.
Other current liabilities 1,324,963,527.00 - - Issue of short-term financing notes in the
amount of RMB 1.3 billion
Bonds payable 3,190,056,659.00 1,994,144,734.00 59.97% Issue of corporate bonds in the amount of RMB
1.2 billion
(2) Change of items of profit statement and cash flow statement and notes to reasons
Item End of the report End of the previous Proportion of Notes to reasons for change
period year increase or
decrease
Operating income 23,107,982,409.00 21,824,682,045.00 5.88%
Operating cost 17,042,301,470.00 17,668,251,687.00 -3.54%
Administration 629,678,682.00 558,390,433.00 12.77%
expenses
Financial expenses 1,451,169,604.00 1,395,442,533.00 3.99%
Investment income 615,933,756.00 242,245,373.00 154.26% Year-on-year increase of investment income
from Taishan Power Plant
Income tax expenses 909,951,065.00 522,852,375.00 74.04% The increase of earnings caused the increase of
income tax expenses
Cash flow generated 7,532,140,641.00 7,411,280,622.00 1.63%
by business
operation, net
Net cash flow -1,718,501,150.00 -2,099,976,901.00 18.17
generated by
广东电力发展股份有限公司 2013 年第三季度报告全文
financing
Net cash flows from -2,968,792,886.00 -5,182,618,227.00 42.72% The cash received from financing including
financing activities issue of corporate bonds, short-term financing
notes and insurance fund plan in current period
increased.
Net increase in cash 2,844,846,605.00 128,685,494.00 2110.70% The cash received from obtaing loans increased.
and cash equivalents
II. The progress of significant events and influence, as well as the analysis and explanation on
resolving proposal.
After the termination of Guangdong Yudean oil shale mine and power joint operation project of which the Company holds
83.66% equity, Maoming People's Government compromised and finally agreed to make compensation of RMB 215 million for the
termination of Maoming oil shale project in the manner of disposal of the land for Maoming oil shale project through unified
planning. At present, Oil Shale Company is still under liquidation.,After the completion of
