PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
OVERSEAS REGULATORY ANNOUNCEMENTThis announcement is made pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
"The Indicative Announcement of Ping An Insurance (Group) Company of China, Ltd. regarding the Disclosure of Unaudited Financial Statements for the First Half of 2016 of Ping An Trust", which is published by Ping An Insurance (Group) Company of China, Ltd. on the website of Shanghai Stock Exchange, is reproduced herein for your reference.
By order of the Board
Yao JunCompany Secretary
Shenzhen, PRC, July 14, 2016
As at the date of this announcement, the Executive Directors of the Company are Ma Mingzhe, Sun Jianyi, Ren Huichuan, Yao Jason Bo, Lee Yuansiong and Cai Fangfang; the Non-executive Directors are Lin Lijun, Soopakij Chearavanont, Yang Xiaoping, Xiong Peijin and Liu Chong; the Independent Non-executive Directors are Woo Ka Biu Jackson, Stephen Thomas Meldrum, Yip Dicky Peter, Wong Oscar Sai Hung, Sun Dongdong and Ge Ming.
Stock Code: 601318 Stock Short Name: Ping An of China Serial No.: Lin 2016-032
THE INDICATIVE ANNOUNCEMENT OF PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. REGARDING THE DISCLOSURE OF UNAUDITED FINANCIAL STATEMENTS FOR THE FIRST HALF OF 2016 OF PING AN TRUSTThe board of directors and all directors of Ping An Insurance (Group) Company of China, Ltd. (the Company") confirm that there are no false representations and misleading statements contained in, or material omissions from this announcement, and severally and jointly accept the responsibility for the truthfulness, accuracy and completeness of the contents of this announcement.
Pursuant to the requirements of the "Notice in Relation to the Disclosure of Unaudited Financial Statements for the First Half of 2016 by Members of the Interbank Lending Market such as Securities Companies, Financial Companies and Trust Companies etc." (Zhong Hui Jiao Fa [2016] No.278) issued by the China Foreign Exchange Trade System, also known as the National Interbank Funding Center, the unaudited balance sheet and income statement for the first half of 2016 of Ping An Trust Co., Ltd. ("Ping An Trust"), a main controlling subsidiary of the Company, will be disclosed on the website of China Money (www.chinamoney.com.cn).
Please also refer to the unaudited balance sheet and income statement for the first half of 2016 of Ping An Trust as attached to this announcement of the Company on the website of Shanghai Stock Exchange (www.sse.com.cn).
As the balance sheet and income statement for the first half of 2016 of Ping An Trust are unaudited, shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.
The Board of Directors
Ping An Insurance (Group) Company of China, Ltd.
July 14, 2016
Balance SheetJune 30,2016
Reporting Entity: Ping An Trust Company, Ltd.
Currency: RMB Amount: Yuan
Consolidation | Parent | |||
Code Category | Opening Balance （audited） | Closing Balance （non-audited） | Opening Balance （audited） | Closing Balance （non-audited） |
Asset: | ||||
Cash and cash equivalent | 50,487,459,285 | 46,795,528,484 | 8,485,943,418 | 7,631,931,699 |
Balance at clearing companies | 6,788,562,624 | 6,186,541,440 | - | - |
Financial assets at fair value through profit or loss | 4,502,068,323 | 11,063,528,783 | - | - |
Purchase-and-resale financial assets | 11,788,789,589 | 9,080,344,365 | - | - |
Interest receivables | 762,679,427 | 866,970,120 | 8,333,628 | 9,807,561 |
Loans and receivables | 10,374,630,270 | 11,460,153,497 | 330,270 | 220,153,498 |
Available-for-sale financial assets | 41,914,701,254 | 50,778,778,968 | 11,340,317,199 | 11,355,944,412 |
Long-term equity investments | 2,334,126,971 | 12,743,976,406 | 6,083,618,783 | 5,933,618,783 |
Goodwill | 2,792,459,004 | 289,654,218 | - | - |
Fixed assets | 1,603,141,738 | 281,728,385 | 21,344,347 | 17,196,679 |
Intangible assets | 10,000,118,884 | 5,917,338,611 | 29,179,338 | 29,742,104 |
Deferred tax assets | 1,077,947,756 | 1,175,450,804 | 191,879,713 | 143,511,611 |
Other assets | 21,166,820,565 | 15,517,150,740 | 3,091,807,850 | 3,058,777,128 |
Total assets | 165,593,505,690 | 172,157,144,821 | 29,252,754,546 | 28,400,683,475 |
Liabilities: | ||||
Employee benefits payable | 3,435,493,381 | 3,248,285,138 | 904,297,029 | 787,850,548 |
Taxes payable | 1,906,663,170 | 1,146,595,290 | 549,636,290 | 172,595,312 |
Financial liabilities at fair value through profit or loss | - | 369,896,285 | - | - |
derivative financial liabilities | 214,317,041 | 101,902,262 | - | - |
Payables under sale and lease-back agreements | 20,038,201,808 | 34,299,399,949 | - | - |
Customer brokerage deposits | 33,097,024,750 | 31,569,905,775 | - | - |
Long-term borrowings | 8,131,809,555 | 16,309,951,432 | - | - |
Bonds payable | 3,597,763,232 | 4,498,652,253 | - | - |
Deferred tax Liability | 1,738,982,504 | 942,578,976 | - | - |
Other liabilities | 37,415,420,070 | 32,917,977,557 | 5,024,153,700 | 7,823,553,848 |
Total liabilities | 109,575,675,511 | 125,405,144,917 | 6,478,087,019 | 8,783,999,708 |
Equity: | ||||
Paid-up capital | 12,000,000,000 | 12,000,000,000 | 12,000,000,000 | 12,000,000,000 |
Capital reserves | 3,705,362,203 | 3,613,757,966 | 566,375,786 | 605,529,613 |
Surplus reserves | 1,352,823,165 | 1,352,823,100 | 1,352,823,165 | 1,352,823,164 |
General risk provision | 2,584,852,283 | 2,591,494,685 | 972,876,097 | 972,876,098 |
Retained profit | 16,474,330,029 | 15,675,297,038 | 7,882,592,479 | 4,685,454,892 |
Interests attributable to owners of the parent | 36,117,367,680 | 35,233,372,789 | - | - |
Non-controlling shareholders' interests | 19,900,462,499 | 11,518,627,115 | - | - |
Total equity | 56,017,830,179 | 46,751,999,904 | 22,774,667,527 | 19,616,683,767 |
Total liabilities and equity | 165,593,505,690 | 172,157,144,821 | 29,252,754,546 | 28,400,683,475 |
Legal Representative: Ren Huichuan Chief Finance Officer: Chen Yun Finance Controller: Chen Yun
Ping An Insurance (Group) Co. of China Ltd. published this content on 14 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 July 2016 09:08:03 UTC.
Original documenthttp://www.irasia.com/listco/hk/pingan/announcement/a161893-e_pa_ora_patrustunauditedinterimresults_eng.pdf
Public permalinkhttp://www.publicnow.com/view/F45C4F4C23FA7D4EC3B6911C9C14CEA2495F53D6
