ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2016The Board of Directors (the "Board") of Zijin Mining Group Co., Ltd.* (the "Company") is pleased to announce the audited consolidated annual results of the Company and its subsidiaries (collectively referred to the "Group") for the year ended 31 December 2016. (China Accounting Standards for Business Enterprises ("CAS") and the related laws and regulations were adopted for the preparation of the financial statements.)
Zijin Mining Group Co., Ltd.* Consolidated Balance Sheet As at 31 December 2016 RMB
ASSETS | Note | 31 December 2016 | 31 December 2015 |
CURRENT ASSETS | |||
Cash and cash equivalents | 5,022,502,044 | 5,498,295,305 | |
Financial assets at fair value through profit or loss | 1,251,779,930 | 548,352,730 | |
Bills receivable | 875,760,717 | 264,373,037 | |
Trade receivables | 13 | 783,067,488 | 864,682,728 |
Prepayments | 869,773,560 | 842,469,851 | |
Other receivables | 997,209,895 | 1,215,636,233 | |
Inventories | 12,002,626,649 | 10,951,318,480 | |
Current portion of non-current assets | 366,489,750 | 458,040,000 | |
Other current assets | 1,970,998,795 | 1,151,678,678 | |
Total current assets | 24,140,208,828 | 21,794,847,042 | |
NON-CURRENT ASSETS | |||
Available-for-sale investments | 1,076,496,651 | 972,008,647 | |
Long-term equity investments | 7,909,027,958 | 6,941,121,652 | |
Investment properties | 193,291,103 | 168,402,512 | |
Fixed assets | 32,530,610,194 | 29,359,351,288 | |
Construction in progress | 3,984,843,811 | 6,160,763,924 | |
Construction materials | 194,114,106 | 240,135,740 | |
Intangible assets | 10,257,008,960 | 10,283,969,425 | |
Goodwill | 463,597,655 | 496,758,705 | |
Long-term deferred assets | 1,185,962,369 | 1,084,220,930 | |
Deferred tax assets | 873,576,042 | 793,211,659 | |
Other non-current assets | 6,408,962,582 | 5,619,242,131 | |
Total non-current assets | 65,077,491,431 | 62,119,186,613 | |
TOTAL ASSETS | 89,217,700,259 | 83,914,033,655 |
LIABILITIES AND OWNERS' EQUITY | Note | 31 December 2016 | 31 December 2015 |
CURRENT LIABILITIES | |||
Short-term borrowings | 12,350,040,250 | 5,394,474,750 | |
Financial liabilities at fair value through profit or loss | 93,140,487 | 6,804,872,854 | |
Bills payable | 252,074,617 | 231,175,265 | |
Trade payables | 14 | 4,727,394,558 | 4,442,840,507 |
Advances from customers | 2,086,548,542 | 1,918,146,839 | |
Employee benefits payable | 652,672,744 | 569,619,991 | |
Taxes payable | 490,865,153 | 698,586,919 | |
Dividends payable | 27,165,124 | 119,000,981 | |
Other payables | 3,953,476,058 | 4,289,196,570 | |
Current portion of non-current liabilities | 4,218,609,112 | 6,053,652,249 | |
Other current liabilities | 5,000,000,000 | 1,004,821,498 | |
Total current liabilities | 33,851,986,645 | 31,526,388,423 |
NON-CURRENT LIABILITIES | ||
Long-term borrowings | 5,775,423,277 | 9,251,188,420 |
Bonds payable | 16,270,310,335 | 8,300,000,000 |
Long-term payables | 397,617,073 | 1,171,224,739 |
Provision | 871,311,724 | 720,404,428 |
Deferred income | 453,473,146 | 503,275,426 |
Deferred tax liabilities | 481,069,873 | 513,296,967 |
Total non-current liabilities | 24,249,205,428 | 20,459,389,980 |
TOTAL LIABILITIES | 58,101,192,073 | 51,985,778,403 |
LIABILITIES AND OWNERS' EQUITY | Note | 31 December 2016 | 31 December 2015 |
EQUITY | |||
Share capital | 2,154,074,365 | 2,154,324,365 | |
Capital reserve | 6,703,357,022 | 7,232,538,557 | |
Other comprehensive income | 11 | (642,687,760) | (830,177,675) |
Special reserve | 159,412,702 | 139,524,461 | |
Surplus reserve | 1,319,401,104 | 1,319,401,104 | |
Retained earnings | 18,068,917,361 | 17,521,563,160 | |
Equity attributable to owners of the parent | 27,762,474,794 | 27,537,173,972 | |
Non-controlling interests | 3,354,033,392 | 4,391,081,280 | |
TOTAL EQUITY | 31,116,508,186 | 31,928,255,252 | |
TOTAL LIABILITIES AND OWNERS' EQUITY | 89,217,700,259 | 83,914,033,655 |
Zijin Mining Group Company Ltd. published this content on 26 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 March 2017 11:33:14 UTC.
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