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ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2016‌‌‌‌‌‌‌‌

The 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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