20MWp光伏電站財務評價與社會效果分析13.1概述XXXXX光伏電站總裝機容量為20MWp，運行期年平均發電量為2983.46萬kWh,等效滿負荷年利用小時數1491.75h,上網電價為0.766元/kWh(含增值稅)。財務評價計算期采用21年，其中建設期1年，生產經營期20年。參照《建設項目經濟評價方法與參數》(第三版)、《投資項目可行性研究指南》及現行的有關財稅政策，對該光伏電站工程進行財務評價。13.2財務評價13.2.1項目投資和資金籌措固定資產投資根據工程投資概算，工程固定資產靜態投資(包含升壓站分攤，下同)為16379.12萬元，建設期利息為315.15萬元。建設期利息項目建設期利息為315.15萬元。流動資金生產流動資金按每千瓦30元估算，共60萬元，流動資金總額的30%使用資本金，70%從銀行貸款，其年利率按4.35%計。流動資金隨機組投產投入使用，利息計入發電成本，本金在計算期末一次回收。投資計劃與資金籌措見附表13.1。建設資金來源建設資金來源為資本金和銀行貸款。資本金占總投資的20%，資本金不還本付息。貸款資金采用機組投產后按年返還貸款及利息的原則，其年利率按4.9%計，光伏電站總成本計算發電成本主要包括折舊費、修理費、職工工資及福利費、勞保統籌費、住房基金、材料費、保險費、利息支出、攤銷費及其它費用。發電經營成本為不包括折舊費、攤銷費和利息支出的全部費用。項目的綜合折舊率按5%計(殘值率5.0%)；投產1~3年修理費率按固定資產原值(扣除所含建設期利息)的0.125%，之后按0.375%計；職工人均年工資按5萬元計；職工福利費、勞保統籌費和住房基金按工資總額的55%計；保險費按固定資產價值的0.25%計；材料費定額為15元/kW；其它費定額15元/kW；電場定員6人。總成本費用計算見附表13.2。13.2.2.2發電效益計算發電收入發電收入是上網電量和上網電價的乘積，電站正常發電后第一年上網電量為3558.61萬kWh,以后逐年遞減，正常運行期內多年平均上網電量為3314.96萬kWh。考慮平均年限電率10%，電站正常發電后第一年上網電量為3202.749萬kWh,以后逐年遞減，正常運行期內多年平均上網電量為2983.46萬kWh。本項目上網電價暫按0.766元/kWh計算。稅金本項目應交納的稅金包括增值稅、銷售稅金附加和所得稅。增值稅增值稅稅率為17%，另外根據增值稅轉型相關政策，允許企業購進機器設備等固定資產的進項稅金可以在銷項稅金中抵扣，本項目抵扣的增值稅額為1076.94萬元。銷售稅金附加太陽能發電新建項目屬于公共基礎設施項目，為企業所得稅優惠的項目，根據國稅發[2009]80號《國家稅務總局關于實施國家重點扶持的公共基礎設施項目企業所得稅優惠問題的通知》，其投資經營的所得，自該項目取得第一筆生產經營收入所屬納稅年度起，第一年至第三年免征企業所得稅，第四年至第六年減半征收企業所得稅(10%)，六年后所得稅按照20%征收。(3)利潤及分配營業收入與補貼收入的合計值扣除總成本費用和銷售稅金附加即為發電利潤，發電利潤扣除應交所得稅即為稅后利潤。稅后利潤提取10%的法定盈余公積金后，剩余部分為可分配利潤；再扣除分配給投資者的應付利潤，即為未分配利潤。計算期內發電利潤總額為12655.98萬元。利潤與利潤分配見附表13.3。13.2.2.3清償能力分析(1)借款還本付息貸款償還期及上網電價本項目采用等額還本付息付的方式償還貸款，償還期15年，運行期上網電價按0.766元/kWh。還貸資金項目還貸資金主要包括未分配利潤和折舊費等。貸款還本付息按上網電價進行貸款還本付息計算。按照等額還本付息的方式逐年償還貸款，還貸期為15年。貸款償還期內利息備付率平均為2.62，項目具有一定償付利息的保證度，風險小；償債備付率平均為0.95，項目具有一定的償付借款本息保障程13.2.2.4盈利能力分析本項目采用等額還本付息的方式進行貸款償還，償還期15年，運行期20年上網電價按0.766元/kWh測算，投資回收期為9.78年，總投資收益率為5.54%,投資利稅率為3.39%，資本金凈利潤率為15.98%，全部投資財務內部收益率（所得稅前、稅后）分別為9.27%、7.43%，資本金財務內部收益率為13.97%，項目具有較好的盈利能力。項目全部投資現金流量見附表13.6，資本金現金流量見附表13.7。財務評價指標匯總見表13.1。表13.1財務指標匯總表序號名稱單位數值1裝機容量MWp20.0002年上網電量億kW?h2983.463工程總投資（不含流動資金）萬元16700.154建設期利息萬元315.155流動資金萬元60.06銷售收入總額萬元39065.517總成本費用萬元25853.108銷售稅金附加總額萬元556.429發電利潤總額萬元12655.9810經營期平均上網電價（不含增值稅）元/kW?h0.654711經營期平均上網電價（含增值稅）元/kW?h0.76612投資回收期年9.7813項目投資財務內部收益率（稅前）%9.2714資本金財務內部收益率%13.9715項目投資財務凈現值（稅前）萬元5112.3716資本金財務凈現值（稅后）萬元3610.7717總投資收益率%5.5418投資利稅率%3.39

13.2.2.6敏感性分析項目財務評價敏感性分析，考慮電價不變，固定資產投資、發電量等不確定因素單獨變化時，對財務內部收益率等指標的影響敏感性分析結果見表13.2。表13.2財務敏感性分析表序號項目財務內部收益率（％）上網電價（元/kW?h）項目投資（稅前）資本金不含增值稅含增值稅1基本方案9.2713.970.65470.7662投資變化+10%7.819.610.65470.766+5%8.5111.640.65470.766-5%10.0916.670.65470.766-10%10.9919.780.65470.7663電量變化+10%10.8719.670.65470.766+5%10.0816.740.65470.766-5%8.4411.390.65470.766-10%7.598.930.65470.766從表中可以看出，投資及發電量單獨變化時均對財務內部收益有一定影響。當投資增加5%或電量減小5%時，全部投資（所得稅前）財務內部收益率和資本金財務內部收益率均大于8%，項目具有一定的抗風險能力。建議在建設中加強管理，控制投資的增加，確保工程如期發電。13.2.3財務評價結論13.3社會效果分析13.3.1節能和減排效益《中華人民共和國可再生能源法》已明確提出“國家鼓勵和支持風能、太陽能、水能、生物質能和海洋能等非化石能源并網發電”。太陽能是清潔的、可再生的能源，開發太陽能符合國家環保、節能政策，光伏電站的開發建設可有效減少常規能源尤其是煤炭資源的消耗，保護生態環境。本項目運行期年平均上網電量為2983.46萬kWh。若按照火電煤耗（標準煤）318g/kWh，建設投運每年可節約標煤0.95萬t,相應每年可減少多種大氣污染物的排放，其中減少二氧化碳（C02）約3.3萬t,一氧化碳（CO）約2.9t，二氧化氮（NO2）約126.8t，煙塵148.3t。有害物質排放量的減少，減輕了大氣污染。13.3.2其它社會效益（1）發揮水電調節優勢，提高太陽能資源利用青海電網能源結構中水電占較大比重，且均具有調節性能，可消納較大規模風電、光電，可以考慮充分利用當地豐富的太陽能資源，大力開發光電，將會促進青海清潔能源多元化發展，并且在一定程度上滿足青海電量需求。（2）發展旅游在共和市開發建設太陽能光伏電站不但可給地區電網提供電力，而且，電場本身也可成為旅游景點，進一步促進當地旅游業的發展。（3）可促進當地經濟的發展本項目的開發會促進地區相關產業，如建材、交通、設備制造業的大力發展對擴大就業和發展第三產業將起到一定的促進作用，從而帶動和促進地區國民經濟的發展和社會進步。

附表B1固定資產投資估算表序號工程或費用名稱設備購置費（萬元）建筑安裝工程費（萬元）其他費用（萬元）合計（萬元）占投資額（%）I光伏電站—一設備及安裝工程9336.321483.8710820.1964.81%1發電設備及安裝工程8441.261172.329613.582升壓變電設備及安裝工程232.99206.42439.403通信和控制設備及安裝工程405.7692.95498.714其他設備及安裝工程256.3112.18268.49一建筑工程2363.422363.4214.16%1發電場設備基礎工程1347.931347.932變配電工程35.3135.313房屋建筑工程361.95361.954交通工程398.23398.235施工輔助工程70.0070.006其他150.00150.00三其他費用1795.921795.9210.76%1項目建設用地費393.72393.722項目建設管理費1115.271115.273生產準備費126.93126.934勘察設計費150.00150.005其他稅費10.0010.00（一~三）部分合計9336.323847.291795.9214979.5389.73%四基本預備費費率按2%考慮299.591.79%工程靜態投資（一~四）部分合計9336.323847.291795.9215279.1291.52%五價差預備費六建設期貸款利息299.47七工程總投資（一~六）部分合計15578.59靜態投資千瓦造價：元/kW6111.65動態投資千瓦造價：元/kW15578.59II110kV升壓站工程分攤靜態投資600.003.59%建設期利息9.800.06%工程總投資609.803.65%附表B2投資計劃和資金籌措表序號項目合計建設期11總投資16760.1516760.151.1固定資產投資16379.1216379.121.1.1外資1.1.2內資16379.1216379.121.2建設期利息321.03321.031.2.1外資利息1.2.2內資利息321.03321.031.3流動資金60.0060.002資金籌措16760.1516760.152.1資本金3293.823293.82其中:用于流動資金18.0018.002.2銀行借款13466.3313466.332.2.1長期借款13424.3313424.33內資借款13103.3013103.30外資借款建設期利息借款321.03321.032.2.2流動資金借款42.0042.0020MWp光伏電站財務評價與社會經濟效果分析20MWp光伏電站財務評價與社會經濟效果分析20MWp光伏電站財務評價與社會經濟效果分析20MWp光伏電站財務評價與社會經濟效果分析--附表B3總成本費用表附表B3總成本費用表附表B3總成本費用表單位：萬元序號年份項目、、合計建設期正常運行期12345678910發電成本25853.101662.291631.591599.381606.551571.111533.941494.941454.031411.121折舊費14836.53780.87780.87780.87780.87780.87780.87780.87780.87780.872維修費1105.5520.4720.4720.4761.4261.4261.4261.4261.4261.423工資福利、勞保統籌和住房基金1488.0074.4074.4074.4074.4074.4074.4074.4074.4074.404保險費780.8739.0439.0439.0439.0439.0439.0439.0439.0439.045材料費1200.0060.0060.0060.0060.0060.0060.0060.0060.0060.006攤銷費0.000.000.000.000.000.000.000.000.000.007利息支出5842.16657.50626.80594.60560.82525.38488.20449.21408.30365.398其他費用600.0030.0030.0030.0030.0030.0030.0030.0030.0030.00固定成本24653.101602.291571.591539.381546.551511.111473.941434.941394.031351.12可變成本1200.0060.0060.0060.0060.0060.0060.0060.0060.0060.00總成本費用25853.101662.291631.591599.381606.551571.111533.941494.941454.031411.12其中：經營成本5174.42223.91223.91223.91264.86264.86264.86264.86264.86264.86

附表B3（續）總成本費用表單位：萬元-序號年份項目正常運行期1112131415161718192021發電成本1366.111318.891269.361217.401162.891105.711045.731045.731045.731045.73264.861折舊費780.87780.87780.87780.87780.87780.87780.87780.87780.87780.870.002維修費61.4261.4261.4261.4261.4261.4261.4261.4261.4261.4261.423工資福利、勞保統籌和住房基金74.4074.4074.4074.4074.4074.4074.4074.4074.4074.4074.404保險費39.0439.0439.0439.0439.0439.0439.0439.0439.0439.0439.045材料費60.0060.0060.0060.0060.0060.0060.0060.0060.0060.0060.006攤銷費0.000.000.000.000.000.000.000.000.000.000.007利息支出320.38273.16223.62171.66117.1659.988其他費用30.0030.0030.0030.0030.0030.0030.0030.0030.0030.0030.00固定成本1306.111258.891209.361157.401102.891045.71985.73985.73985.73985.73204.86可變成本60.0060.0060.0060.0060.0060.0060.0060.0060.0060.0060.00總成本費用1366.111318.891269.361217.401162.891105.711045.731045.731045.731045.73264.86其中：經營成本264.86264.86264.86264.86264.86264.86264.86264.86264.86264.86264.86

附表B4利潤與利潤分配表附表B4利潤與利潤分配表單位：萬元-序號一項期設建234567入9O1X入收業營01X1Xkw量021XkwTU/稅值增含元1電hJ/200001X200001X31X91X1X01X200001X31X91X1X01X30400000OOOO005額總閏^yl利060000OOOO00708稅得所000090OOOO00O1X閏^yl利凈01X0021X0301400000OOOO0051X0+額總閏^yl利閏^yl利前稅>息出070

附表B4（續）利潤與利潤分配表單位：萬元附表B4（續）利潤與利潤分配表單位：萬元號項目11121314151617181920211營業收入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.111810.131.1上網電量（億kW?h）2993.592970.722947.842924.962902.092879.212856.332833.452810.582787.712764.831.2上網電價（含增值稅）（元/kW?h）0.76600.76600.76600.76600.76600.76600.76600.76600.76600.76600.76601.3上網電價（不含增值稅）（元/kW?h）0.65470.65470.65470.65470.65470.65470.65470.65470.65470.65470.65472銷售稅金及附加33.3233.0632.8132.5532.3032.0531.7931.5431.2831.0330.772.1城市維護建設稅16.6616.5316.4016.2816.1516.0215.9015.7715.6415.5115.392.2教育費附加16.6616.5316.4016.2816.1516.0215.9015.7715.6415.5115.393總成本費用1366.111318.891269.361217.401162.891105.711045.731045.731045.731045.73264.864補貼收入（應稅）0.000.000.000.000.000.000.000.000.000.000.005利潤總額560.48592.98627.79665.03704.81747.26792.52777.79763.08748.351514.506彌補以刖年度虧損0.000.000.000.000.000.000.000.000.000.000.007應納稅所得額560.48592.98627.79665.03704.81747.26792.52777.79763.08748.351514.508所得稅112.10118.60125.56133.01140.96149.45158.50155.56152.62149.67302.909補貼收入（免稅）0.000.000.000.000.000.000.000.000.000.000.0010凈利潤448.38474.38502.23532.02563.85597.81634.01622.24610.46598.681211.6011期初未分配的利潤3356.353759.894186.844638.845117.665625.126163.156733.777293.787843.198382.0112提取法定盈余公積金44.8447.4450.2253.2056.3859.7863.4062.2261.0559.87121.1613可供投資者分配的利潤3759.894186.844638.845117.665625.126163.156733.777293.787843.198382.019472.4514應付利潤0.000.000.000.000.000.000.000.000.000.000.0015未分配利潤3759.894186.844638.845117.665625.126163.156733.777293.787843.198382.019472.4516息稅前利潤（利潤總額+利息支出）880.85866.14851.41836.69821.96807.24792.52777.79763.08748.351514.5017息稅折舊攤銷前利潤1661.721647.011632.281617.561602.831588.111573.391558.661543.951529.221514.50

附表B5還本付息計算表附表B5借款還本付息表單位：萬元序號-年份項目合計建設期正常運行期123456781長期借款1.1期初借款余額0.0013418.4512791.9112134.6711445.2310722.019963.359167.511.2當期還本付息19260.600.001284.041284.041284.041284.041284.041284.041284.04其中：本年還本13418.450.00626.54657.24689.44723.22758.66795.84834.83本年付息5842.160.00657.50626.80594.60560.82525.38488.20449.211.3期末借款余額13418.4512791.9112134.6711445.2310722.019963.359167.518332.682流動資金借款2.1流動資金借款累計42.0042.0042.0042.0042.0042.0042.0042.002.2流動資金利息36.541.831.831.831.831.831.831.832.3償還流動資金借款本金42.000.000.000.000.000.000.000.000.003短期借款3.1償還短期借款本金0.000.000.000.000.000.000.000.003.2短期貸款0.000.000.000.000.000.000.000.003.3短期借款利息0.000.000.000.000.000.000.000.00利息備付率1.661.721.791.731.821.932.06償債備付率1.461.451.441.331.321.311.26附表B5（續）借款還本付息表單位：萬元序號年份項目正常運行期9101112131415161長期借款1.1期初借款余額8332.687456.946538.295574.624563.743503.322390.951224.061.2當期還本付息1284.041284.041284.041284.041284.041284.041284.041284.04其中：本年還本875.74918.65963.661010.881060.421112.381166.881224.06本年付息408.30365.39320.38273.16223.62171.66117.1659.981.3期末借款余額7456.946538.295574.624563.743503.322390.951224.060.002流動資金借款2.1流動資金借款累計42.0042.0042.0042.0042.0042.0042.0042.002.2流動資金利息1.831.831.831.831.831.831.831.832.3償還流動資金借款本金0.000.000.000.000.000.000.000.003短期借款3.1償還短期借款本金0.000.000.000.000.000.000.000.003.2短期貸款0.000.000.000.000.000.000.000.003.3短期借款利息0.000.000.000.000.000.000.000.00利息備付率2.232.452.753.173.814.877.0213.46償債備付率1.241.221.211.191.171.161.141.12

附表B6項目投資現金流量表附表B6項目投資現金流量表單位：萬元序號年份項目合計建設期正常運行期123456789101現金流入40983.320.002453.312435.792418.262067.112036.942021.962006.981992.001974.881.1營業收入39065.510.002096.842081.872066.892051.912036.942021.962006.981992.001974.881.2補貼收入0.00356.46353.92351.3715.190.000.000.000.000.001.3回收固定資產余值780.870.000.000.000.000.000.000.000.000.000.001.4回收流動資金60.000.000.000.000.000.000.000.000.000.000.002現金流出22169.9616439.12223.91223.91223.91298.23299.49299.24298.98298.73298.442.1建設投資16379.1216379.122.2流動資金60.0060.000.000.000.000.000.000.000.000.000.002.3經營成本5174.420.00223.91223.91223.91264.86264.86264.86264.86264.86264.862.4銷售稅金及附加556.420.000.000.000.0033.3634.6334.3734.1233.8633.572.5維持運營投資0.000.000.000.000.000.000.000.000.000.000.003所得稅前凈現金流量18813.36-16439.122229.392211.872194.351768.881737.441722.721708.001693.271676.454累計所得稅前凈現金流量37918.76-16439.12-14209.73-11997.85-9803.50-8034.62-6297.18-4574.46-2866.46-1173.19503.265調整所得稅5200.470.000.000.00176.89173.74172.27341.60338.65335.296所得稅后凈現金流量13612.89-16439.122229.392211.872194.351591.991563.701550.451366.401354.621341.167累計所得稅后凈現金流量-16439.12-14209.73-11997.85-9803.50-8211.51-6647.81-5097.36-3730.97-2376.35-1035.19

附表B6（續）項目投資現金流量表單位：萬元-序號一項目正常運行期11121314151617181920211現金流入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.112651.001.1營業收入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.111810.131.2補貼收入0.000.000.000.000.000.000.000.000.000.000.001.3回收固定資產余值0.000.000.000.000.000.000.000.000.000.00780.871.4回收流動資金0.000.000.000.000.000.000.000.000.000.0060.002現金流出298.18297.93297.67297.42297.16296.91296.65296.40296.14295.89295.642.1建設投資2.2流動資金0.000.000.000.000.000.000.000.000.000.000.002.3經營成本264.86264.86264.86264.86264.86264.86264.86264.86264.86264.86264.862.4銷售稅金及附加33.3233.0632.8132.5532.3032.0531.7931.5431.2831.0330.772.5維持運營投資0.000.000.000.000.000.000.000.000.000.000.003所得稅前凈現金流量1661.721647.011632.281617.561602.831588.111573.391558.661543.951529.222355.374累計所得稅前凈現金流量2164.983811.995444.277061.838664.6610252.7711826.1613384.8314928.7716457.9918813.365調整所得稅332.34329.40326.46323.51320.57317.62314.68311.73308.79305.84471.076所得稅后凈現金流量1329.381317.601305.831294.051282.271270.491258.711246.931235.161223.381884.297累計所得稅后凈現金流量294.191611.792917.624211.675493.936764.428023.139270.0610505.2211728.6013612.89

附表B7資本金財務現金流量表附表B7項目資本金現金流量表單位：萬元序號年份項目合計建設期正常運行期123456789101現金流入39921.560.002096.842081.872066.892067.112036.942021.962006.981992.001974.881.1營業收入39065.510.002096.842081.872066.892051.912036.942021.962006.981992.001974.881.2補貼收入15.190.000.000.000.0015.190.000.000.000.000.001.3回收固定資產余值780.870.000.000.000.000.000.000.000.000.000.001.4回收流動資金60.000.000.000.000.000.000.000.000.000.000.002現金流出30452.853293.821509.781509.781509.781625.291628.481630.471680.431685.421690.342.1項目資本金3293.823293.822.2借款本金償還13418.450.00626.54657.24689.44723.22758.66795.84834.83875.74918.652.3借款利息支付5878.700.00659.33628.63596.43562.64527.21490.03451.03410.13367.222.4經營成本5174.420.00223.91223.91223.91264.86264.86264.86264.86264.86264.862.5營業稅金及附加556.420.000.000.000.0033.3634.6334.3734.1233.8633.572.6所得稅2131.040.000.000.000.0041.2043.1245.3695.58100.82106.042.7維持運營投資0.000.000.000.000.000.000.000.000.000.000.003凈現金流量(CI-CO)9468.72-3293.82587.06572.09557.11441.81408.46391.49326.55306.59284.544累計凈現金流量-3293.82-2706.76-2134.67-1577.56-1135.75-727.29-335.80-9.26297.33581.87

附表B7(續)項目資本金現金流量表單位：萬元-序號一年份項目正常運行期11121314151617181920211現金流入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.112651.001.1營業收入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.111810.131.2補貼收入0.000.000.000.000.000.000.000.000.000.000.001.3回收固定資產余值0.000.000.000.000.000.000.000.000.000.00780.871.4回收流動資金0.000.000.000.000.000.000.000.000.000.0060.002現金流出1696.141702.391709.101716.291723.991732.23456.98453.79450.59447.39600.362.1項目資本金2.2借款本金償還963.661010.881060.421112.381166.881224.060.000.000.000.000.002.3借款利息支付322.20274.98225.45173.49118.9861.811.831.831.831.831.832.4經營成本264.86264.86264.86264.86264.86264.86264.86264.86264.86264.86264.862.5營業稅金及附加33.3233.0632.8132.5532.3032.0531.7931.5431.2831.0330.772.6所得稅112.10118.60125.56133.01140.96149.45158.50155.56152.62149.67302.902.7維持運營投資0.000.000.000.000.000.000.000.000.000.000.003凈現金流量(CI-CO)263.76242.54220.86198.69176.01152.791413.061401.281389.501377.732050.644累計凈現金流量845.631088.171309.031507.721683.721836.513249.574650.856040.357418.089468.72

附表B8資本金財務現金流量表附表B8財務計劃現金流量表單位：萬元序號項目合計建設期正常運行期123456789101經營活動凈現金流量32280.570.002229.392211.872194.351727.681694.321677.361612.411592.451570.411.1現金流入45706.642453.312435.792418.262400.742383.212365.692348.172330.642310.611.1.1營業收入39065.510.002096.842081.872066.892051.912036.942021.962006.981992.001974.881.1.2增值稅銷項稅額6641.140.00356.46353.92351.37348.83346.28343.73341.19338.64335.731.1.3補貼收入0.000.000.000.000.000.000.000.000.000.000.001.1.4其他流入0.000.000.000.000.000.000.000.000.000.000.001.2現金流出13426.070.00223.91223.91223.91673.06688.89688.33735.75738.19740.201.2.1經營成本5174.420.00223.91223.91223.91264.86264.86264.86264.86264.86264.861.2.2增值稅進項稅額0.000.000.000.000.000.000.000.000.000.000.001.2.3營業稅金及附加556.420.000.000.000.0033.3634.6334.3734.1233.8633.571.2.4增值稅0.000.000.000.00333.63346.28343.73341.19338.64335.731.2.5所得稅2131.040.000.000.000.0041.2043.1245.3695.58100.82106.041.2.6其他流出0.000.000.000.000.000.000.000.000.000.000.002投資活動凈現金流量-16439.12-16439.120.000.000.000.000.000.000.000.000.002.1現金流入0.002.2現金流出16439.1216439.120.000.000.000.000.000.000.000.000.002.2.1建設投資16379.1216379.122.2.2維持運營投資0.000.000.000.000.000.000.000.000.000.000.002.2.3流動資金60.0060.002.2.4其它流出0.000.000.000.000.000.000.000.000.000.000.00

附表B8（續）財務計劃現金流量表單位：萬元序號項目合計建設期正常運行期123456789103籌資活動凈現金流量-2863.4816439.12-1284.04-1284.04-1284.04-1284.04-1284.04-1284.04-1284.04-1284.04-1284.043.1現金流入16439.1216439.120.000.000.000.000.000.000.000.000.003.1.1項目資本金投入3293.823293.823.1.2建設投資借款13103.3013103.303.1.3流動資金借款42.0042.003.1.4債券0.000.000.000.000.000.000.000.000.000.000.003.1.5短期借款0.000.000.000.000.000.000.000.000.000.000.003.1.6其他流入0.000.000.000.000.000.000.000.000.000.000.003.2現金流出19302.600.001284.041284.041284.041284.041284.041284.041284.041284.041284.043.2.1各種利息支出5842.160.00657.50626.80594.60560.82525.38488.20449.21408.30365.393.2.2償還債務本金13418.450.00626.54657.24689.44723.22758.66795.84834.83875.74918.653.2.3流動資金本金償還42.000.000.000.000.000.000.000.000.000.000.003.2.4應付利潤（股利分配）0.000.000.000.000.000.000.000.000.000.000.003.2.5其他流出0.000.000.000.000.000.000.000.000.000.000.004凈現金流量0.00945.35927.83910.31443.64410.28393.32328.37308.41286.375累計盈余資金0.00945.351873.192783.503227.133637.424030.734359.114667.524953.89

序號項目正常運行期11121314151617181920211經營活動凈現金流量1549.631528.411506.721484.551461.871438.661414.881403.111391.331379.551211.601.1現金流入2293.092275.572258.052240.522223.002205.472187.952170.422152.912135.382117.861.1.1營業收入1959.911944.931929.951914.981900.001885.021870.041855.061840.091825.111810.131.1.2增值稅銷項稅額333.18330.64328.09325.55323.00320.45317.91315.36312.82310.27307.721.1.3補貼收入0.000.000.000.000.000.000.000.000.000.000.001.1.4其他流入0.000.000.000.000.000.000.000.000.000.000.001.2現金流出743.46747.16751.32755.97761.12766.81773.06767.32761.58755.83906.261.2.1經營成本264.86264.86264.86264.86264.86264.86264.86264.86264.86264.86264.861.2.2增值稅進項稅額0.000.000.000.000.000.000.000.000.000.000.001.2.3營業稅金及附加33.3233.0632.8132.5532.3032.0531.7931.5431.2831.0330.771.2.4增值稅333.18330.64328.09325.55323.00320.45317.91315.36312.82310.27307.721.2.5所得稅112.10118.60125.56133.01140.96149.45158.50155.56152.62149.67302.901.2.6其他流出0.000.000.000.000.000.000.000.000.000.000.002投資活動凈現金流量0.000.000.000.000.000.000.000.000.000.000.002.1現金流入2.2現金流出0.000.000.000.000.000.000.000.000.000.000.002.2.1建設投資2.2.2維持運營投資0.000.000.000.000.000.000.000.000.000.000.002.2.3流動資金2.2.4其它流出0.000.000.000.000.000.000.000.000.000.000.00附表8（續）財務計劃現金流量表單位：萬元

附表B8（完）財務計劃現金流量表單位：萬元序號項目正常運行期11121314151617181920213籌資活動凈現金流量-1284.04-1284.04-1284.04-1284.04-1284.04-1284.040.000.000.000.00-42.003.1現金流入0.000.000.000.000.000.000.000.000.000.000.003.1.1項目資本金投入3.1.2建設投資借款3.1.3流動資金借款3.1.4債券0.000.000.000.000.000.000.000.000.000.000.003.1.5短期借款0.000.000.000.000.000.000.000.000.000.000.003.1.6其他流入0.000.000.000.000.000.000.000.000.000.000.003.2現金流出1284.041284.041284.041284.041284.041284.040.000.000.000.0042.003.2.1各種利息支出320.38273.16223.62171.66117.1659.980.000.000.000.000.003.2.2償還債務本金963.661010.881060.421112.381166.881224.060.000.000.000.000.003.2.3流動資金本金償還0.000.000.000.000.000.000.000.000.000.0042.003.2.4應付利潤（股利分配）0.000.000.000.000.000.000.000.000.000.000.003.2.5其他流出0.000.000.000.000.000.000.000.000.000.000.004凈現金流量265.59244.37222.68200.51177.83154.621414.881403.111391.331379.551169.605累計盈余資金5219.485463.855686.535887.046064.886219.507634.389037.4910428.8211808.3712977.97

附表B9資產負債表附表B9資產負債表單位：萬元序號項目建設期正常運行期123456789101資產16754.2716562.2916355.3416133.4015780.9815410.3915022.8414570.3414097.8913603.391.1流動資產總值60.001005.351933.192843.503287.133697.424090.734419.114727.525013.891.1.1流動資產60.0060.0060.0060.0060.0060.0060.0060.0060.0060.001.1.2累計盈余資金0.00945.351873.192783.503227.133637.424030.734359.114667.524953.891.2在建工程15617.331.3固定資產凈值14836.4614055.5913274.7212493.8511712.9810932.1110151.249370.378589.501.4無形及遞延資產凈值1.5可抵扣增值稅形成的資產1076.94720.48366.5615.190.000.000.000.000.000.002負債及所有者權益16754.2716562.2916355.3416133.4015780.9815410.3915022.8414570.3414097.8913603.392.1流動負債總額0.000.000.000.000.000.000.000.000.000.002.1.1短期借款0.000.000.000.000.000.000.000.000.000.002.1.2其他0.000.000.000.000.000.000.000.000.000.002.2建設投資借款13418.4512791.9112134.6711445.2310722.019963.359167.518332.687456.946538.292.3流動資金借款42.0042.0042.0042.0042.0042.0042.0042.0042.0042.002.4負債小計13460.4512833.9112176.6711487.2310764.0110005.359209.518374.687498.946580.292.5所有者權益3293.823728.384178.664646.175016.975405.055813.336195.676598.957023.102.5.1資本金3293.823293.823293.823293.823293.823293.823293.823293.823293.8