广东电力发展股份有限公司 2014 年第三季度报告全文
Guangdong Electric Power Development Co., Ltd.
The Third Quarterly Report 2014
October 2014
广东电力发展股份有限公司 2014 年第三季度报告全文
1 Important notes
The Board of Directors，the Supervisory Committee, the directors, the supervisors, and executives 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
Hong Rongkun Director Due to business Gao Shiqiang
Zhong Weimin Director Due to business Yang Xinli
Li Mingliang Director Due to business Yao Jiheng
Zhu Dejun Director Due to business Kong Huitian
Zhang Xueqiu Director Due to business Liu Tao
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.
Should there be any inconsistency between the Chinese and English versions, the Chinese version shall prevail.
广东电力发展股份有限公司 2014 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
As at the end of the Changed（%）over end of prev.
As at the end of last year
reporting period year
Gross assets（RMB） 67,862,857,506.00 67,918,719,035.00 -0.08%
Net assets attributable to the shareholders
20,722,596,921.00 19,054,914,050.00 8.75%
of the listed company（RMB）
Increase/decrease
January 1, 2013 to
over the same Changed （%）over
Reporting period September
period of last year end of prev. year
30,2013
（%）
Operating income（RMB） 7,751,442,759.00 -9.46% 22,722,756,405.00 -1.67%
Net profit attributable to the shareholders
879,418,818.00 -24.87% 2,523,879,364.00 -0.16%
of the listed company（RMB）
Net profit after deducting of
non-recurring gain/loss attributable to the 897,780,181.00 -22.66% 2,546,927,169.00 0.82%
shareholders of listed company（RMB）
Cash flow generated by business
-- -- 6,860,443,357.00 -8.92%
operation, net（RMB）
Basic earning per share(RMB/Share) 0.20 -25.93% 0.577 -0.17%
Diluted gains per
0.20 -25.93% 0.577 -0.17%
share(RMB/Share)(RMB/Share)
Weighted average income/asset ratio（%） 4.43% -2.12% 12.71% -1.81%
Items and amount of non-current gains and losses
√Applicable □Not applicable
In RMB
Amount (Year-beginning
Items to the end of the report Notes
period.)
Non-current asset disposal gain/loss(including the write-off part for which assets
-45,852,139.00
impairment provision is made)
Govemment subsidy recognized in current gain and loss(excluding those closely
7,828,462.00
related to the Company’s business and granted under the state’s policies)
广东电力发展股份有限公司 2014 年第三季度报告全文
Asset impairment provisions due to acts of God such as natural disasters -6,137,712.00
Gain/loss investment of Commission 607,511.00
Other gain/loss items satisfying the definition of non-recurring gain/loss account -4,576,534.00
Less: Amount of influence of income tax -12,572,687.00
Influenced amount of minority shareholders’ equity(After tax) -12,509,920.00
Total -23,047,805.00 --
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
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
广东电力发展股份有限公司 2014 年第三季度报告全文
(II) Total number of shareholders and shareholding of top 10 shareholders by the end of the report period
(1) Total number of common shareholders and shareholding of top 10 common shareholders by the end of the
report period
In Shares
Total number of shareholders at the
113,279
end of report period
Particular about shares held by top ten shareholders
Amount of Pledging or
Share
Properties of tradable shares freezing
Shareholder name proportion Quantity
shareholder with Conditional Status of Quantit
%
held the shares y
State-owned legal
Guangdong Yudean Group Co., Ltd. 67.39% 2,948,337,737 1,577,865,257
person
Shenzhen Guangfa Electric Power State-owned legal
2.33% 101,777,185
Investment Co., Ltd. person
Guangdong Province Electric Power State-owned legal
1.80% 78,639,451
Development Company person
China Construction Bank－Penghua Value Domestic non
Advantage Stock-linked State-owned 0.65% 28,304,734
Security Investment Fund Legal person
Domestic Natural
Li Zhuo 0.47% 20,347,004
person
Foreign legal
NORGES BANK 0.41% 18,149,079
person
GUOTAI JUNAN Foreign legal
0.41% 17,744,098
SECURITIES(HONGKONG) LIMITED person
GREENWOODS CHINA ALPHA Foreign legal
0.39% 16,865,738
MASTER FUND person
BBH A/C VANGUARD EMERGING Foreign legal
0.30% 13,330,537
MARKETS STOCK INDEX FUND person
Foreign legal
GOLDEN CHINA MASTER FUND 0.30% 13,084,390
person
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares Share type
Name of the shareholder held at the end of the reporting Quantit
Share type
period y
Guangdong Yudean Group Co., Ltd. 1,370,472,480 RMB Common shares
广东电力发展股份有限公司 2014 年第三季度报告全文
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
28,304,734 RMB Common shares
Stock-linked Security Investment Fund
Li Zhuo 20,347,004 RMB Common shares
Foreign shares placed in
NORGES BANK 18,149,079
domestic exchange
Foreign shares placed in
GUOTAI JUNAN SECURITIES(HONGKONG) LIMITED 17,744,098
domestic exchange
Foreign shares placed in
GREENWOODS CHINA ALPHA MASTER FUND 16,865,738
domestic exchange
BBH A/C VANGUARD EMERGING MARKETS STOCK Foreign shares placed in
13,330,537
INDEX FUND domestic exchange
Foreign shares placed in
GOLDEN CHINA MASTER FUND 13,084,390
domestic exchange
The third largest shareholder Guangdong Electric Power
Development Co., Ltd.. is the wholly-owned subsidiaries of the
Explanation on associated relationship
largest shareholder Yudean Group. These two companies have
among the aforesaid shareholders
relationships; whether the other shareholders have relationships or
unanimous acting was unknown.
Participation of top 10 unconditional common share Li Zhuo. holds19,293,297 A shares of the Company through stock
account with credit transaction and guarantee and holds1,053,707
A shares through ordinary stock account. holds 20,347,004 shares
shareholders in securities margin trading (if any) of the Company's stock totally.
Agreed re-purchasing by the Company’s top 10 shareholders of common shares and top 10 shareholders of
unconditional common shares in the report period
□ Yes √ No
No agreed re-purchasing is performed by the Company’s shareholders in the report period.
广东电力发展股份有限公司 2014 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.
√ Applicable □ Not applicable
(1)The effect on accounting statement by the change of accounting policies
In 2014, the Ministry of Finance revised \"Accounting Standards for Enterprises No. 2 - Long-term Equity
Investments\", \"Accounting Standards for Enterprises No.9 - Wages and Salaries of Employees\", \"the Accounting
Standards for Enterprises No. 30 - Presentation of Financial Statements\", \"Accounting Standards for Enterprises
No. 33 - Consolidated Financial Statements\", and issued \"Accounting Standards for Enterprises No. 39 - Fair
Value of Measurement\", \"Accounting Standards for Enterprises No. 40 - Joint Venture Arrangement\",
\"Accounting Standards for Enterprises No. 41 - Disclosure of Interests in Other Entities\", and other regulations
that would take effect from Jul. 1st, 2014.
Based on the Regulations, our company began to execute the new Accounting Standards form Jul. 1st, 2014, and
adjusted relevant items and amounts.
1, About execution of \"Accounting Standards for Enterprises No. 2 - Long-term Equity Investments\"
In accordance with \"Accounting Standards for Enterprises No. 2 - Long-term Equity Investments\", to those
equity investments over which our company did not have control, joint control and significant influence, and
whose fair value cannot be reliably measured, our company didn't list on the long-term equity investments subject,
and turned it into salable financial assets subject for the accounting, and adjusted it under Retrospective
Application principle.
Table 1: Influence on consolidated financial statement by the change of long-term equity investments standards.
In RMB
December 31, 2013
The units to be invested Adjusted events
Long-term Equity Equity attributes
investment (+/-) to the shareholde
Financial assets
rs
available for sale;
of the parent co
(+/-) mpany (+/-)
Sunshine Insurance Holding Co., Ltd. Accounting subjects from -356,000,000 356,000,000 -
Shenzhen Chuangxin Technology long-term equity -115,000,000 115,000,000 -
Investment Co., Ltd. investments turn into
South Sea Wind Power Unit salable financial assets -30,000,000 30,000,000 -
Development under Retrospective
Application principle.
GMG International Tendering Co.,Ltd. -3,600,000 3,600,000 -
Total --
