1、chinese年幸艮目金景公司資料財矜摘要主席幸艮告善董事及高級管理人曼曾介企渠管治幸艮告董事曾幸艮告力蜀立核數肺幸艮告粽合收益表粽合全面收益表粽合同犬況表時犬況表粽合榷益建勤表粽合？I金流量表時矜幸艮表附U財矜概要董事新行董事副主席公司年報術語中英對照englishAnnualReportCONTENTSCorporateInformationFinancialHighlightsChairman"sStatementDirectorsandSeniorManagementProfileCorporateGovernanceReportDirectorsReportIndepend

2、entAuditor'sReportConsolidatedIncomeStatementConsolidatedStatementofComprehensiveIncomeConsolidatedStatementofFinancialPositionStatementofFinancialPositionConsolidatedStatementofChangesinEquityConsolidatedStatementofCashFlowsNotestotheFinancialStatementsFinancialSummaryDIRECTORSExecutiveDirector

3、sDeputyChairmanChairman主席IndependentNon-executiveDirectors力蜀立非新行董事AUDITCOMMITTEEREMUNERATIONCOMMITTEECOMPANYSECRETARY公司秘善REGISTEREDOFFICEHEADOFFICEANDPRINCIPALPLACEOFBUSINESS事虞及主要管渠地黑占PLACEOFBUSINESS營業地點LEGALADVISERS法律顧問PRINCIPALBANKERS主要往來銀行BankofChinaLimitedIndustrial&CommercialBankofChinaLimi

4、tedChinaConstructionBankCorporationChinaMerchantsBankCompanyLimitedStandardCharteredBank(HongKong)LimitedBNPParibasCITICBankInternationalLimitedBankofChina(HongKong)LimitedNanyangCommercialBank,Limited中閾金艮行股份有限公司中閾工商金艮行股份有限公司中閾建段金艮行股份有限公司招商金艮行股份有限公司渣打金艮行（香港）有限公司法閾巴黎金艮行中信金艮行閾除有限公司中閾金艮行（香港）有限公司南洋商H金艮行

5、有限公司PRINCIPALSHAREREGISTRARANDTRANSFEROFFICE主要股份謾戶登言己慮INTERNETWEBSITESTOCKCODEONTHESTOCKEXCHANGEOFHONGKONGLIMITE珊合交易所有限公司股份代虢PUBLICRELATIONSCONSULTANTStrategicFinancialRelationsLimitedTURNOVER畿橫財公冏有限公司營業額Fortheyearended31December截至十二月三十一日止年度NETPROFIT/(LOSS)ATTRIBUTABLETOOWNERSOFTHECOMPANY有人J®估溢

6、禾/(WS)浮HK$MThePRCOnbehalfofBoardofDirectorsthe“Companysubsidiariestogetherthe“Group”financialtsunamigraduallysubsidedtheChineseGovernmentlaunchednewpoliciessalesvolumeupstreambusinessacquisitionspecialisinginincomestreammarketdemand百葛港元中國本人謹代表董事會本公司附屬公司合稱“本集團金融海嘯慢慢減退中國政府推出新政策銷售配額上游業務收購從事收入來源市場需求上游產品

7、耐火材料刺激經濟的措施整合營運優化成本效益毛利率展望股份配售資金籌集薪酬致謝（續）附注千港元營業額銷售成本毛利除稅前溢利（虧損）所得稅本年度溢利（虧損）應占本公司擁有人非控股權益upstreamproductsrefractorymaterialseconomicstimulusmeasuresintegrateitsoperationenhancecosteffectivenessgrossprofitmarginPROSPECTSPLACINGOFSHARESfundraisingREMUNERATIONAPPRECIATION(Continued)Note:HK$000TurnoverC

8、ostofsalesGrossprofitPro巾t/(loss)beforetaxationIncometaxProfit/(loss)fortheyearAttributableto:OwnersofthecompanyNon-controllinginterestsCurrentassets流動資產Non-currentassetsTotalassetsCurrentliabilitiesNon-currentliabilitiesTotalliabilitiesNetassetsSharecapitalReservesNon-controllinginterestsTotalequit

9、yFINANCIALSUMMARYNOTESTOTHEFINANCIALSTATEMENTSGENERALimmediateparentultimatecontrollingpartyisincorporatedinsubsidiariesSIGNIFICANTACCOUNTINGPOLICIESStatementofcompliance非流動資產資產總值流動負債非流動負債總負債值資產凈值股本儲蓄非控股權益權益總值財務概要財務報表附注一般資料直接母公司最終控股人士于注冊成立附屬公司主要會計政策遵守聲明財務報表編制基準歷史成本法Basisofpreparationofthefinancialst

10、atementshistoricalcostbasistheyearunderreviewProfitaftertaxationLIQUIDITYFINANCIALRESOURCESprudentcapitalarrangementsunsecuredbankloansshorttermbankloanscashandbankdepositspledgeddepositstradereceivabletradefacilities回顧年除稅后凈溢利流動資金財務資源審慎財務安排無抵押銀行貸款短期銀行貸款現金及銀行存款抵押存款應收賬款貿易融資流動資產凈額balanceofnetcurrentass

11、etstotalliabilitiestototalassetsratiomaterialcontingentliabilityfinancialderivativeproductsinterestratedifferentialstatedbankloansmaterialriskfrominterestratefluctuationsaredenominatedinRenminbiappreciationoftheRenminbi總負債對應資產的比率重大或然負債金融衍生工具產品息差銀行存款重大息率風險以人民幣結算人民幣升值大學畢業生universitygraduates薪酬及福利制度股權計

12、劃雇員成本董事酬金業務伙伴高級經濟師市場推廣中國職業經理人高級管理層企業管治報告企業管制常規董事進行證券交易業務、決策及表現董事培訓董事常規及操守董事會文件合適、完整及可靠之資料董事會會議委員會會議財務狀況做出知情決定會議常規及操守staffremunerationandwelfaresystemshareoptionschemestaffcostsdirectors'emolumentsbusinesspartnerssenioreconomistmarketingChineseCareerManagerSENIORMANAGEMENTCORPORATEGOVERNANCEREPOR

13、TCORPORATEGOVERNANCEPRACTICESDIRECTORSSECURITIESTRANSACTIONSbusinesses,strategicdecisionandperformanceTRAININGFORDIRECTORSPRACTICESANDCONDUCTOFMEETINGSBoardpapersappropriate,completeandreliableinformationBoardmeetingcommitteemeetingfinancialpositionmakeinformeddecisionsPRACTICESANDCONDUCTOFMEETINGSc

14、onflictofinterestsforasubstantialshareholder設計主要股東利益沖突CHAIRMANANDCHIEFEXECUTIVEOFFICER主席及行政總裁ROTATIONOFDIRECTORS董事輪值退任forthcomingannualgeneralmeeting應屆股東周年大會interimreview中期查閱non-auditservice非審核服務DIRECTORSRESPONSIBILITIESONTHEFINANCIALSTATEMEN醐對財務報表所負之責任agoingconcernbasis持續經營基準INTERNALCONTROLS內部控制sys

15、temofinternalcontrols內部控制系統externaladvisor外聘顧問SHAREHOLDERRIGHTSANDINVESTORRELATIONS股東福利及投資者關系votingprocedures投票程序bypoll以點票形式independentscrutineer獨立監票員DIRECTORSREPORT董事會報告PRINCIPALACTIVITIES主要業務SEGMENTALINFORMATION分類資料RESULTSANDAPPROPRIATIONS業績及分派DISTRIBUTABLERESERVESOFTHECOMPANY本公司可供分派之儲蓄FINANCIALSU

16、MMARY財務概要PROPERTY,LANTANDEQUIPMENTNDCONSTRUCTION-IN-PROGRESS房產、設施及在建工程股本借貸退休金計劃榷益性U身份股份數目占本公司已發行股本的百分比信托之成立人配偶之權益與相關公司股份、相關股份或股本權權益擁有人無投票權過延股份受控公司之權益普通股份1股購股權計劃股份面值淡倉董事于合約的權益管理合約購買、出售或購回本公司的上市證券主要客戶及供應商有限購股權SHARECAPITALBORROWINGSRETIREMENTSCHEMESNatureofinterestCapacityNumberofShares%totheissuedshar

17、ecapitaloftheCompanyFounderofatrustInterestofspouseInterestsinshares,underlyingsharesorequityinterestsinassociatedcorporationsBeneficialownernon-votingdeferredsharesInterestofcontrolledcorporation1ordinaryshareSHAREOPTIONSCHEMEnominalvalueofashareSHORTPOSITIONSDIRECTORSINTERESTSINCONTRACTSMANAGEMENT

18、CONTRACTSPURCHASE,SALEORREDEMPTIONOFTHESECURITIESMAJORCUSTOMERSANDSUPPLIERSPRE-EMPTIVERIGHTSSUFFICIENCYOFPUBLICFLOAT足夠公眾持股量statementsoffinancialposition財務狀況表consolidatedincomestatement綜合收益表consolidatedstatementofcomprehensiveincomeconsolidatedstatementofchangesinequityconsolidatedstatementofcashflow

19、s綜合全面收益表綜合權益變動表綜合現金流量表summaryofsignificantaccountingpolicies主要會計政策概要DIRECTORSRESPONSIBILITYFORTHECONSOLIDATEDFINANCIAL+定事就財務報表須承擔的責任STATEMENTSdisclosurerequirements披露規定materialmisstatement重大錯誤陳述duetofraudorerrorInouropinionatrueandfairProfitfortheyearEarningspershareBasicDilutedformpartof由于欺詐或錯誤我們認為

20、公平、真實本年度溢利每股盈利基本攤薄構成其中一部分Othercomprehensiveincomefortheyear(netoftax)ExchangedifferencesontranslationoffinancialofforeignoperationsSurplusonrevaluationofbuildingsheldforownusestatements本年度其他全面收益（扣除稅項）換算海外業務財務報表之匯兌差額持作自用之樓宇重估盈余持作自用之樓宇延期稅項Deferredtaxonrevaluationofbuildingsheldforownuse稅率變動之延期稅項Fairva

21、luelossonavailable-for-saleequitysecuritiesTotalcomprehensiveincomefortheyearNon-currentassetsGoodwillProperty,plantandequipmentPrepaidleasepaymentsonlandunderoperatingleasesIntangibleassetsAvailable-for-saleequitysecuritiesPledgedbankdepositsRestrictedbankbalanceDeferredtaxassetsCurrentassetsInvent

22、oriesTradeandotherreceivablesPrepaymentsanddepositsTaxrecoverableCashandcashequivalentsCurrentliabilitiesTradepayablesAccrualsandotherpayables可供出售權益證券公平值虧損本年度全面收益總值非流動資產冏譽物業、房產及設備經營租約下預付土地租金無形資產可供出售權益證券已抵押銀行存款受限制銀行結余延期稅項資產流動資產存貨應收賬款及其他應收款預付款項及按金可收回稅項現金及現金等值項目流動負債應付賬款預提費用及其他應付款Deferredtaxarisingoncha

23、ngeintaxrate應付董事款項Amountsduetodirectors于一年內到期的銀行貸款應付稅項流動資產凈值資產總值減流動負債延期稅項負債資產凈值資本及儲蓄權益總值與附屬公司之投資應收附屬公司款項經營活動調整項目拆舊經營租約下預付土地租金之攤銷無形資產攤銷減值虧損減值虧損撥回出售物業、廠房、設備之收益凈值存貨撇除撥回壞賬撇銷營運資金變動前的經營現金流量存貨（增加）/減少BankborrowingsduewithinoneyearTaxpayableNetcurrentassetsTotalassetslesscurrentliabilitiesDeferredtaxliabilit

24、iesNETASSETSCAPITALANDRESERVESTOTALEQUITYInvestmentsinsubsidiariesAmountsduefromsubsidiariesOperatingactivitiesAdjustmentsforDepreciationAmortisationofprepaidleasepaymentsonlandunderoperatingleasesAmortisationofintangibleassetsImpairmentlossWritebackofimpairmentlossNetgainsondisposalofproperty,plant

25、andequipmentReversalofwritedownofinventoriesBaddebtwrittenoffOperatingcashflowsbeforechangesinworkingcapital(Increase)/decreaseininventoriesDecrease/(increase)intradeandotherreceivables(Increase)/decreaseinprepaymentsanddepositsIncrease/(decrease)intradepayablesDecreaseinaccrualsandotherpayables(Dec

26、rease)/increaseinamountsduetodirectorsCash(usedin)/generatedfromoperationsPRCEnterpriseIncomeTaxpaidTaxpaidNetcash(usedin)/generatedfromoperatingactivitiesInvestingactivitiesPurchaseofproperty,plantandequipmentProceedsfromdisposalofproperty,plantandequipmentsecuritiesPaymentforpurchaseofavailablefor

27、-saleequityInterestreceivedofsubsidiariesDeferredconsiderationpaidforacquisitionFinancingactivitiesNetproceedsfromplacementofnewsharesRepaymentofbankborrowingsProceedsfromnewbankborrowingsInterestpaidonbankborrowingsProceedsfromsharesissuedundershareoptionscheme應收賬款及其他應收款（增加）/減預存款項及按金（增加）/減少應付賬款（增加）

28、/減少預提費用及其他應付款減少應付董事款項（減少）/增加經營（使用）/所得的現金已付中國企業所得稅已付稅款經營活動（使用）/所得的現金凈值投資活動購置物業、房產及設備出售物業、廠房、設備所得款項購買可供出售權益證券付款已收利息已付收購公司之遞延代價融資活動配售新股份之所得款項凈值償還銀行貸款新造銀行貸款所得款項已付銀行貸款利息根據購股權計劃發行股份是所得款項融資活動所得現金凈值NetcashfromfinancingactivitiesNetincreaseincashandcashequivalentsCashandcashequivalentsatbeginningoftheyearEffectofchangesinexchangerateCashandcashequivalentsatendoftheyearprincipalpl