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Annual Report 2011 /
1
Consolidated Balance Sheet
At 31 December 2011
(Expressed in Renminbi)
31 December
2011
31 December
2010
1 January
2010
Note
RMB’000
RMB’000
RMB’000
(Restated)
(Restated)
Non-current assets
Property, plant and equipment, net
17
3,929,111
3,884,946
3,768,044
Investment properties
18
729,045
732,491
728,325
Construction in progress
19
227,858
154,234
73,334
Lease prepayments
20
935,659
924,884
948,384
Goodwill
21
103,005
103,005
103,005
Other intangible assets
22
144,109
150,095
148,502
Interest in associates
24
62,661
61,433
12,960
Other investments
25
663,116
694,912
428,284
Deferred tax assets
26
195,976
150,531
83,722
Other non-current assets
27
28,876
–
–
Total non-current assets
7,019,416
6,856,531
6,294,560
Current assets
Inventories
28
1,692,638
1,833,186
1,659,626
Accounts and bills receivable, net
29
17,257,870
12,887,557
10,467,689
Prepayments and other current assets
31
4,608,480
3,967,876
3,140,398
Restricted deposits
32
320,039
269,099
160,525
Cash and cash equivalents
33
7,298,232
8,470,249
8,870,424
Total current assets
31,177,259
27,427,967
24,298,662
Total assets
38,196,675
34,284,498
30,593,222
Current liabilities
Interest-bearing borrowings
34
998,335
1,780,523
1,268,280
Accounts and bills payable
35
12,728,882
9,768,792
8,844,718
Receipts in advance for contract work
1,150,095
1,083,587
1,088,327
Accrued expenses and other payables
36
6,807,175
6,564,306
5,553,079
Income tax payable
303,720
284,941
194,701
Total current liabilities
21,988,207
19,482,149
16,949,105
Net current assets
9,189,052
7,945,818
7,349,557
Total assets less current liabilities
16,208,468
14,802,349
13,644,117
The notes on pages 108 to 174 form part of these financial statements.