PDF《佛山电器照明股份有限公司》

1 佛山电器照明股份有限公司 FOSHAN ELECTRICAL AND LIGHTING CO.

LTD 一九九九年年度报告 Annual Report of

1999 Chairman of the Board of Directors: Zhong Xincai Signature: April 3,

2000 2 Annual Report of

1999 of Foshan Electrical &

Lighting Company Limited Important Hints: The Board of Directors of our company guarantees that there is no significant omission, false statement or serious misleading existing in the information contained in this report, and shall bear the individual and joint liabilities for the truthfulness, accuracy and completeness of its content. The accounting data and financial report in this report have been audited by KPMG Peat Marwick in Hong Kong, and respectively made in Chinese and English. In case of any misunderstanding between the two languages texts, the Chinese text will be prevailing. I. Brief Introduction to the Company. II. Summary of Accounting Data and Business Data III. Change of Capital Stock and Shareholders IV. Brief Introduction to the General Meeting of Shareholders V. Report of the Board of Directors VI. Report of the Board of Supervisors VII. Significant events VIII. Financial Accounting Report XI. Other Relevant Information of the Company X. Reference Documents.

3 I. Brief Introduction to the Company 1. Name in Chinese: 佛山电器照明股份有限公司 缩写: 佛山照明公司 Name in English: Foshan Electrical and Lighting Co. Ltd. Abbr.: FSL 2. Legal representative: Zhong Xincai 3. Secretary of the Board of Directors: Chen Benxian Address: No.

15 Fenjiang North Road, Foshan City, Guangdong Province. Tel: (0757) 2813838-298,

2810239 Fax: (0757)

2816276 E-mail: gzfsligh@pub.foshan.gd.cn 4. Reistered and office address: No.

15 Feijiang North Road, Foshan City, Guangdong Province Zip code:

528000 Internet web: www.chinafsl.com E-mail: gzfsligh@pub.foshan.gd.cn 5. Company information disclosed in: China Security, Security Times, Foshan Daily and Ta Kung Pao. Internet web address publishing the annual report designated by China Security Committee: http:// www.cninfo.com.cn Annual report prepared in: Secretariat of the Board of Directors in the office building of the company at

15 Fenjiang North Road, Foshan City, Guangdong 6. Listing place of shares: Shenzhen Security Exchange. Abbr. of shares: Foshan Electrical &

Lighting (A Share) Yue Electrical &

Lighting (B Share) Code of shares:

0541 (A Share)

2541 (B Share)

4 II. Summary of Accounting Data and Business Data 1. Main profit indices of this year. Unit: RMB Total profit 163,644,237.00 Net profit 135,267,769.00 Main business profit 206,376,775.00 Other business profit 402,447.00 Investment return - 313,273.00 Net cash flow from business activities 169,555,782.00 2. Net profits calculated by two different accounting standards and the difference: (1). Net profits calculated by two different accounting standards: the net profit of the company of this year audited by domestic accountant is RMB 158,371,894.00, while the net profit of the company of this year audited by the foreign accountant is RMB 135,267,769.00, RMB 23,104,125.00 less than the net profits audited by the domestic accountant. (2). Reason for the difference of net profits: it is mainly because of the proceeds from land use right transferred by the company to the joint venture Osram Foshan Lighting and Electrical Co. Ltd., which is counted by the domestic accountant in 1999, and reflected by the foreign accountant in the profits in the years of transfer. (3). Detailed items for difference of net profits Unit: RMB Profits after tax in