Datang International Power Generation : SUPPLEMENTAL ANNOUNCEMENT REGARDING THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2019
August 10, 2020 at 06:04 am EDT
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(a sino-foreign joint stock limited company incorporated in the People's Republic of China)
(Stock Code: 00991)
SUPPLEMENTAL ANNOUNCEMENT REGARDING THE ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2019
Reference is made to the annual report of Datang International Power Generation Co., Ltd. (the "Company", together with its subsidiaries, the "Group") for the year ended 31 December 2019 (the "2019 Annual Report") published on 30 March 2020. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meaning as those defined in the 2019 Annual Report.
In addition to the information provided in the 2019 Annual Report, the board of directors of the Company (the "Board") would like to provide further information and breakdown in relation to the "Others" within the "Operating costs" of the Group for the year ended 31 December 2019 (together with the comparative figures of 2018) as below:
For the year ended
31 December
2019
2018
(RMB'000)
(RMB'000)
Auditors' remuneration
13,420
13,000
(Reversal)/recognition of impairment of trade receivables,
net
(51,217)
9,529
Impairment of goodwill
104,361
54,232
Impairment of property, plant and equipment
1,539,077
426,368
Allowance for inventories
9,428
4,786
Reversal of allowance for inventories
(10,391)
(313,764)
Amortisation of intangible assets
45,467
42,368
Amortisation of land use right
-
86,635
Written off of property, plant and equipment
1,334,729
472,907
Operating lease rentals in respect of office premises
-
80,779
Procurement cost of aluminum products
2,107,896
3,365,527
Procurement cost of coal products
2,825,735
2,036,472
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For the year ended
31 December
2019
2018
(RMB'000)
(RMB'000)
Environmental protection fee
3,157,210
3,084,477
Electricity expense
276,179
397,394
Water fee and water resource fee
599,350
524,962
Research and development expenses
29,646
13,221
Transportation expenses
71,600
92,789
Intermediary fees
64,961
70,979
Insurance
158,301
153,316
Office expenses
101,895
115,506
Travel expenses
89,331
90,376
Outsourcing expenses
223,186
198,647
Public security fire fee
100,725
99,722
Information expenses
83,823
74,844
Entertainment expenses
17,915
22,793
Others
112,445
137,177
Total
13,005,073
11,355,042
The additional information set out above does not affect other information contained in the 2019 Annual Report.
By order of the Board
Jiang Jinming
Company Secretary
Beijing, the PRC, 10 August 2020
As at the date of this announcement, the Directors of the Company are:
Chen Feihu, Qu Bo, Liang Yongpan, Ying Xuejun, Zhu Shaowen, Cao Xin, Zhao Xianguo, Zhang Ping, Jin Shengxiang, Liu Jizhen*, Luo Zhongwei*, Liu Huangsong*, Jiang Fuxiu*, Niu Dongxiao*
Independent non-executive Directors
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DTP - Datang International Power Generation Co. Ltd. published this content on 10 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2020 10:03:18 UTC
Datang International Power Generation Co., Ltd. is a power generation company. The principal activities of the Company are power generation and power plant development in the People's Republic of China (PRC). It is also engaged in activities, including the sale of electricity and thermal power, repair and testing of power equipment, power related technical services, coal trading, chemical products manufacturing and selling, coal chemistry, transportation and recycling. The Company's segments include Power generation, Coal, Chemical and Other. The power generation businesses of the Company and its subsidiaries are primarily distributed across Beijing, Tianjin, Hebei Province, the Inner Mongolia Autonomous Region, Shanxi Province, Liaoning Province, Gansu Province, Sichuan Province and the Tibet Autonomous Region, among others. The power generation business includes coal-fired power projects, hydropower projects, photovoltaic projects and wind power projects.