6-k Announcement

1934 ACT FILE NO. 001-15264


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________

FORM 6-K
___________________

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of October 2014
___________________

Aluminum Corporation of China Limited
(Translation of Registrant's name into English)
___________________

No. 62 North Xizhimen Street
Haidian District, Beijing
People's Republic of China 100082

(Address of principal executive offices)
___________________

         Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F      X       Form 40-F               

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1): __________

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7): __________

         Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes                No      X      

         If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-              


SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Aluminum Corporation of China Limited         
                (Registrant)

 

Date  October 31, 2014       

 

By                 /s/    Xu Bo                     
Name: Xu Bo
Title: Company Secretary


Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.


logo
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Aluminum Corporation of China Limited*
(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2600)

2014 THIRD QUARTERLY REPORT

This announcement is made by Aluminum Corporation of China Limited* (the "Company", together with its subsidiaries, the "Group") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

 

1.

IMPORTANT NOTICE

     
 

1.1

The board of directors, the supervisory committee, the directors, supervisors and senior management members of the Company shall guarantee the truthfulness, accuracy and completeness of this quarterly report, that it contains no false representation, misleading statement or material omission, and assume several and joint liabilities.

     
 

1.2

All the directors of the Company attended the meeting of the board of directors and reviewed the quarterly report.

     

 

1.3

Xiong Weiping, Person-in-charge of the Company, Xie Weizhi, Person-in-charge of Accounting, and Lu Dongliang, Head of the Accounting Department warrant the truthfulness, accuracy and completeness of the financial statements in this quarterly report.

     
 

1.4

The third quarterly report of the Company has not been audited.

* For identification purpose only

2.

PRINCIPAL FINANCIAL INFORMATION AND THE CHANGES OF SHAREHOLDERS OF THE COMPANY

     
 

2.1

Principal financial information

     

   

Unit:'000 Currency: RMB

     
     

30 September 2014

31 December 2013

Increase/
Decrease

         

(%)

           
   

Total assets

198,048,352

199,507,054

-0.73

   

Net assets attributable to owners of

     
   

    the parent

39,088,044

44,357,725

-11.88

           
     

2014 (January-
September)

2013 (January-
September)

Increase/
Decrease

         

(%)

           
   

Net cash flow from operating activities

5,317,849

2,352,819

126.02

           
     

2014 (January-
September)

2013 (January-
September)

Increase/
Decrease

         

(%)

           
   

Revenue

104,786,229

122,062,786

-14.15

   

Profit attributable to owners of the parent

-5,412,039

-1,845,646

N/A

   

Profit attributable to owners of the parent

     
   

    after excluding extraordinary

     
   

    gains and losses

-6,153,672

-4,893,076

N/A

   

Weighted average rate of return

     
   

    on net assets (%)

-12.97

-4.31

N/A

   

Basic earnings per share (RMB per share)

-0.40

-0.14

N/A

   

Diluted earnings per share (RMB per share)

-0.40

-0.14

N/A

           

   

Deducting the gains and losses arising from extraordinary items and amount

     
           
     

Unit: '000 Currency: RMB

           
   

Items

2014 (July-
September)

2014 (January-
September)

Explanations

           
   

Gains/(Losses) on disposal of non-current assets

11,793

24,927

 
   

Government subsidies included in the gains

     
   

    or losses for the reporting period

     
   

    (excluding government subsidies closely

     
   

    related to the ordinary business of

     
   

    the Company and are granted on an ongoing

     
   

    basis under the state's policies according to

     
   

    certain standard amount or quantity)

252,737

528,301

 
   

Gains or losses from discretionary investment

     
   

    or asset management

20,858

31,777

 
   

Except for the hedging business that is

     
   

    related to the ordinary business of

     
   

    the Company, the fair value gains or losses

     
   

    arising from held-for-trading financial assets

     
   

    and liabilities and investment income

     
   

    on disposing held-for-trading financial assets

     
   

    and liabilities and available-for-sale

     
   

    financial assets

-25,738

55,551

 
   

Reversal of impairment provisions for

     
   

    receivables subject to individual

     
   

    impairment test

0

12,609

 
   

Gains/(Losses) on external entrusted loans

12,600

43,650

 
   

Other non-operating income and expenses other

     
   

    than above items

35,212

111,290

 
   

Income tax effect

-5,729

-17,630

 
   

Non-controlling interests effect (after tax)

-18,987

-48,842

 
     



 
           
   

Total

282,746

741,633

 
     



 
           

 

2.2

Total number of shareholders, the top ten shareholders and the top ten shareholders of tradable shares (not subject to trading moratorium) as at the end of the reporting period

     
   

Unit: Share

     
   

Total number of shareholders

500,893

     

   

Shareholding status of top ten shareholders

     

             

Pledged or frozen

 
   

Name of shareholders (in full)

Increase/
decrease
during the
reporting period

Number of
shares held at
the end of
the period

Percentage

Number
of shares
held subject
to trading
moratorium

Status of
shares

Number of
shares

Nature of
shareholders

         

(%)

       
                   
   

Aluminum Corporation of China

0

5,214,407,195

38.56

None

None

0

State-owned

   

HKSCC Nominees Limited

837,901

3,925,422,375

29.02

None

Unknown

0

Foreign legal person

   

China Cinda Assets Management Co., Ltd.

    

-108,928,095

491,071,905

3.63

None

None

0

State-owned legal person

   

China Development Bank

    Capital Corporation Ltd.

    

0

415,168,145

3.07

None

None

0

State-owned legal person

   

Baotou Aluminum (Group) Co., Ltd.

0

301,217,795

2.23

None

None

0

State-owned legal person

   

China Construction Bank Corporation

-304,847,707

218,242,451

1.61

None

None

0

State-owned legal person

   

Lanzhou Aluminum Factory

0

79,472,482

0.59

None

None

0

State-owned legal person

   

Industrial Securities Co., Ltd. - Client Credit

             
   

    Trading Guaranteed Securities Account

             
   

    

37,772,532

42,635,150

0.32

None

None

0

Others

   

Guotai Junan Securities Co., Ltd. - Client Credit

             
   

    Trading Guarantee Securities Account

             
   

    

13,972,763

29,536,475

0.22

None

None

0

Others

Guizhou Provincial Materials Development and

    Investment Corporation

    

0

29,000,000

0.21

None

Pledged

25,000,000

State-owned legal person

                   

   

The top ten shareholders of tradable shares not subject to trading moratorium

     
       

Class and number of shares

   

Name of shareholders

Number of tradable shares not subject to trading moratorium held as at the end of the period

Class

Number

           
   

Aluminum Corporation of China [1]

5,214,407,195

RMB denominated ordinary shares

5,214,407,195

   

HKSCC Nominees Limited foreign shares

3,925,422,375

Overseas listed

3,925,422,375

   

China Cinda Assets Management Co., Ltd.

491,071,905

RMB denominated ordinary shares

491,071,905

   

China Development Bank Capital Corporation Ltd.

415,168,145

RMB denominated ordinary shares

415,168,145

   

Baotou Aluminum (Group) Co., Ltd.

301,217,795

RMB denominated ordinary shares

301,217,795

   

China Construction Bank Corporation

218,242,451

RMB denominated ordinary shares

218,242,451

   

Lanzhou Aluminum Factory

79,472,482

RMB denominated ordinary shares

79,472,482

   

Industrial Securities Co., Ltd. - Client Credit

    Trading Guaranteed Securities Account

42,635,150

RMB denominated ordinary shares

42,635,150

   

Guotai Junan Securities Co., Ltd. - Client

    Credit Trading Guaranteed Securities Account

29,536,475

RMB denominated ordinary shares

29,536,475

   

Guizhou Provincial Materials Development

    and Investment Corporation

29,000,000

RMB denominated ordinary shares

29,000,000

           
   

Connected relationship or concert-party

The number of shares of [1] does not contain the A shares

   

   relationship among the above shareholders

of the Company held indirectly by Aluminum Corporation of China through Batou Aluminum (Group) Co., Ltd., Lanzhou Aluminum Factory, Guiyang Aluminum Magnesium Design and Research Institute Co., Ltd. and Shanxi Aluminum Plant. Aluminum Corporation of China and its subsidiaries altogether hold 5,606,357,299 shares of the Company and 41.45% of voting rights.

       

3.

SIGNIFICANT EVENTS

     
 

3.1

Material changes in major accounting items and financial indicators and the reasons thereof

   

Applicable

Not Applicable

       
   

1.

Loss of assets impairment increased by 193%, mainly attributable to the increase in the provision for impairment due to the evidence of impairment on certain assets of the Group;

       
   

2.

Gain in fair value changes increased by 1,774%, mainly attributable to the increase in the float gain in futures contracts held by the Group;

       
   

3.

Investment income decreased by 74%, mainly attributable to the relatively significant income in capital operation of the Group in the corresponding period last year;

       
   

4.

Non-operating income decreased by 60%, mainly attributable to no occurrence of capital operation of the Group for the period;

       
   

5.

Non-operating expenses decreased by 66%, mainly attributable to the decrease in the losses arising from the disposal of fixed assets of the Group for the period;

       
   

6.

Income tax expenses increased by 1,226%, mainly attributable to the fact that some deferred income tax assets recognized in the previous years have been offset by the Group;

       
   

7.

Other comprehensive income increased by 148%, mainly attributable to the changes in exchange rate;

       
   

8.

Held-for-trading financial assets increased by 222,187%, mainly attributable to the increase in the unrealised gains arising from futures contracts held by the Group at the end of the period;

       
   

9.

Notes receivable decreased by 31%, mainly attributable to the increase in discounted notes and transfer endorsement of the Group;

       
   

10.

Prepayments increased by 37%, mainly attributable to the increase in procurement prepayments for the stabilization of market supply and the expansion of business;

       
   

11.

Interests receivable decreased by 44%, mainly attributable to the withdrawal of the interests of transfer payment by the Group;

       
   

12.

Other receivables decreased by 33%, mainly attributable to the amounts of recovering assets and equity transfer of the Group;

       
   

13.

Other current assets increased by 33%, mainly attributable to the increase of the wealth management products purchased by the Group for the purpose of obtaining short-term capital income;

       
   

14.

Construction materials decreased by 48%, mainly attributable to the fact that the Group consumed some construction material;

       
   

15.

Held-for-trading financial liabilities increased by 109%, mainly attributable to the loss in fair value changes arising from futures contracts held by the Group at the end of the period;

       
   

16.

Advances from customers increased by 71%, mainly attributable to the enhancement of customer credit management by the Group;

       
   

17.

Other current liabilities increased by 34%, mainly attributable to the issue of the short-term financing bonds by the Group;

       
   

18.

Long-term payables increased by 85%, mainly attributable to the financing leasing payables incurred by the additional financing leasing of the Group;

       
   

19.

Special reserve increased by 54%, mainly attributable to the increase in the provision of safety production expenses of the Group;

       
   

20.

Net cash flow from operating activities amounted to RMB5,318 million, representing an year-on-year increase of RMB2,965 million, or 126%. It is mainly attributable to the fact that the Group enhanced loan recovery, accelerated the velocity of inventory turnover and reinforced the management of current assets and current liabilities;

       
   

21.

For production and operation, the Company applied strict control on various cost and expenses. Accordingly, the manufacturing costs of alumina and electrolytic aluminum, the core products of the Company, decreased by approximately 5% on year-on-year basis from January to September.

       
 

3.2

Progress of significant events and effects thereof and analysis on solutions

   

Applicable

Not Applicable

       
 

3.3

Implementation of undertakings by the Company and its shareholders with shareholding of 5% or more

     

   

Applicable

Not Applicable

       
 

3.4

Warning on any potential loss in accumulated net profit for the period from the beginning of the year to the end of the next reporting period or any material change as compared with the corresponding period last year and the reason thereof

     

   

Applicable

Not Applicable

       
   

The accumulated net profit for the period from the beginning of the year to the end of the next reporting period of the Company is expected to be loss. Relevant details will be disclosed in the 2014 annual results report.

       

4.

APPENDICES

   
 

4.1

Financial Statements

     
   

Consolidated Statement of Financial Position (Group)

     
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

     

   

Items

30 September 2014

31 December 2013

         
   

Current assets:

   
   

    Cash and cash equivalents and

   
   

        restricted cash and time deposits

15,344,451

12,425,853

   

    Held-for-trading financial assets

51,515

23

   

    Notes receivable

1,480,751

2,142,453

   

    Accounts receivable

4,933,823

4,014,152

   

    Prepayments

7,954,595

5,805,619

   

    Interest receivable

164,866

294,748

   

    Dividends receivable

125,135

125,135

   

    Other receivables

7,765,016

11,674,138

   

    Inventories

22,063,853

23,535,948

   

    Non-current assets due within one year

28,000

28,000

   

    Other current assets

4,013,416

3,019,352

     



         
   

    Total current assets

63,925,421

63,065,421

     



         
   

Non-current assets:

   
   

    Financial assets available for sale

81,750

82,112

   

    Long-term equity investments

7,465,828

6,902,659

   

    Fixed assets

87,448,431

85,145,430

   

    Construction in progress

11,509,795

15,190,275

   

    Construction materials

139,721

270,267

   

    Intangible assets

11,602,217

11,251,410

   

    Goodwill

2,345,041

2,344,953

   

    Long-term deferred expenditures

240,258

281,904

   

    Deferred income tax assets

1,475,130

1,793,310

   

    Other non-current assets

11,814,760

13,179,313

     



         
   

    Total non-current assets

134,122,931

136,441,633

     



         
   

    Total assets

198,048,352

199,507,054

     



         
   

Current liabilities:

   
   

    Short-term borrowings

37,630,546

47,146,473

   

    Held-for-trading financial liabilities

4,078

1,947

   

    Notes payable

3,916,846

3,631,144

   

    Accounts payable

9,084,425

8,770,506

   

    Payments received in advance

2,682,703

1,565,691

   

    Staff remuneration payable

447,599

365,944

   

    Taxes payable

533,206

557,377

   

    Interest payable

925,520

726,064

   

    Dividends payable

133,502

108,251

   

    Other payables

6,969,149

6,965,626

   

    Non-current liabilities due within

   
   

        one year

14,669,478

11,612,587

   

    Other current liabilities

20,479,346

15,285,971

     



         
   

    Total current liabilities

97,476,398

96,737,581

     



         
   

Non-current liabilities:

   
   

    Long-term borrowings

25,802,686

26,974,618

   

    Debentures payable

20,218,404

19,320,210

   

    Long-term payables

1,417,525

767,157

   

    Special payables

120,080

119,080

   

    Projected liabilities

98,492

98,792

   

    Deferred income tax liabilities

1,069,754

1,088,150

   

    Other non-current liabilities

839,000

699,347

     



         
   

    Total non-current liabilities

49,565,941

49,067,354

     



         
   

    Total liabilities

147,042,339

145,804,935

     



         
   

Owner's equity:

   
   

    Share capital

13,524,488

13,524,488

   

    Capital reserve

13,745,081

13,743,094

   

    Special reserve

224,654

146,200

   

    Surplus reserve

5,867,557

5,867,557

   

    Retained earnings

5,915,748

11,327,787

   

    Foreign currency translation differences

-189,484

-251,401

     



         
   

    Total owner's equity attributable to

   
   

        the owners of the parent

39,088,044

44,357,725

   

    Non-controlling interest

11,917,969

9,344,394

     



         
   

    Total owner's equity

51,006,013

53,702,119

     



         
   

    Total liabilities and owner's equity

198,048,352

199,507,054

     



         

   

Person-in-charge

Head of Accounting

 

Legal Representative:

of Accounting:

Department:

 

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
   

Statement of Financial Position (Company)

         
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

         

   

Items

30 September 2014

31 December 2013

         
   

Current assets:

   
   

    Cash and cash equivalents and

   
   

        restricted cash and time deposits

8,530,748

5,207,329

   

    Held-for-trading financial assets

482

0

   

    Notes receivable

394,184

408,578

   

    Accounts receivable

1,881,068

1,622,687

   

    Prepayments

697,093

584,279

   

    Interest receivable

35,263

295,027

   

    Dividends receivable

274,113

217,180

   

    Other receivables

8,205,412

7,629,382

   

    Inventories

12,389,525

12,265,310

   

    Non-current assets due within one year

28,000

28,000

   

    Other current assets

1,391,347

914,368

     



         
   

Total current assets

33,827,235

29,172,140

     



         
   

Non-current assets:

   
   

    Financial assets available for sale

7,000

7,000

   

    Long-term equity investments

28,434,408

27,896,030

   

    Fixed assets

45,573,048

47,349,667

   

    Construction in progress

3,328,061

3,790,443

   

    Construction materials

44,863

36,975

   

    Intangible assets

2,482,727

2,507,098

   

    Goodwill

2,330,945

2,330,945

   

    Long-term deferred expenditures

53,090

127,962

   

    Deferred income tax assets

829,548

1,202,232

   

    Other non-current assets

3,298,397

4,801,174

   

    Total non-current assets

86,382,087

90,049,526

     



         
   

    Total assets

120,209,322

119,221,666

     



         
   

Current liabilities:

   
   

    Short-term borrowings

21,035,000

25,810,000

   

    Accounts payable

5,764,608

4,893,450

   

    Payments received in advance

319,206

385,315

   

    Staff remuneration payables

231,506

211,752

   

    Taxes payable

166,513

172,421

   

    Interests payable

744,327

589,828

   

    Other payables

3,152,109

4,321,838

   

    Non-current liabilities due within

   
   

        one year

9,276,041

6,294,940

   

    Other current liabilities

20,414,190

15,275,680

     



         
   

    Total current liabilities

61,103,500

57,955,224

     



         
   

Non-current liabilities:

   
   

    Long-term borrowings

5,858,831

4,984,408

   

    Debentures payable

19,818,404

18,920,210

   

    Long-term payables

134,974

0

   

    Special payables

112,780

91,780

   

    Deferred income tax liabilities

   
   

    Other non-current liabilities

408,859

400,952

   

    Total non-current liabilities

26,333,848

24,397,350

     



         
   

    Total liabilities

87,437,348

82,352,574

     



         
   

Owner's equity:

   
   

    Share capital

13,524,488

13,524,488

   

    Capital reserve

14,638,302

14,645,595

   

    Special reserve

77,139

54,112

   

    Surplus reserve

5,867,557

5,867,557

   

    Retained earnings

-1,335,512

2,777,340

     



         
   

    Total owner's equity

32,771,974

36,869,092

     



         
   

    Total liabilities and owners' equity

120,209,322

119,221,666

     



         

   

Person-in-charge

Head of Accounting

 

Legal Representative:

of Accounting:

Department:

 

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
   

Consolidated Statement of Comprehensive Income (Group)

         
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

         

   

Items

2014 July to
September

2013 July to
September

2014 January to
September

2013 January to
September

                   
   

I.

Total operating revenue

34,694,207

45,421,765

104,786,229

122,062,786

     

Including:

Operating revenue

34,694,207

45,421,765

104,786,229

122,062,786

                   
   

II.

Total cost of operations

36,281,607

46,971,851

110,992,467

127,487,472

     

Including:

Operating cost

33,614,701

44,546,517

102,957,520

119,640,794

       

Business tax and surcharges

87,462

87,396

226,541

259,562

       

Selling expenses

423,286

480,041

1,237,937

1,403,571

       

Administrative expenses

680,143

635,171

1,860,771

1,862,365

       

Finance expenses

1,535,144

1,279,142

4,315,770

4,186,597

       

Loss on assets impairment

-59,129

-56,416

393,928

134,583

     

Add:

Gains on fair value

       
       

    changes (loss stated with "-")

21,011

1,340

48,006

-2,867

       

Investment income

       
       

    (loss stated with "-")

49,563

106,408

481,934

1,860,921

       

Including:

Investment

       
         

    income from associated

       
         

    companies and joint ventures

64,801

44,395

400,909

337,567

                   
   

III.

Operating profit (loss stated with "-")

-1,516,826

-1,442,338

-5,676,298

-3,566,632

     

Add:

Non-operating income

308,456

266,290

686,126

1,704,485

     

Less:

Non-operating expenses

8,974

42,548

21,868

65,049

       

Including:

Loss from disposal of

       
         

    non-current assets

684

1,035

1,372

9,009

                   
   

IV.

Total profit (total loss stated with "-")

-1,217,344

-1,218,596

-5,012,040

-1,927,196

     

Less:

Income tax expenses

22,960

70,678

474,052

35,760

                   
   

V.

Net profit (net loss stated with "-")

-1,240,304

-1,289,274

-5,486,092

-1,962,956

     

Net profit attributable to owners of the parent

-1,288,607

-1,221,846

-5,412,039

-1,845,646

     

Non-controlling interests

48,303

-67,428

-74,053

-117,310

                   
   

VI.

Earnings per share:

       
     

(i)

Basic earnings per share (RMB/Share)

-0.10

-0.09

-0.40

-0.14

     

(ii)

Diluted earnings per share (RMB/Share)

-0.10

-0.09

-0.40

-0.14

                   
   

VII.

Other comprehensive income

-12,890

44,384

61,917

-127,828

                   
   

VIII.

Total comprehensive income

-1,253,194

-1,244,890

-5,424,175

-2,090,784

     

Total comprehensive income attributable

       
     

    to owners of the parent

-1,301,497

-1,203,559

-5,350,122

-1,973,474

     

Total comprehensive income

       
     

    attributable to non-controlling shareholder

48,303

-41,331

-74,053

-117,310

               

   

Person-in-charge

Head of Accounting

 

Legal Representative:

of Accounting:

Department:

 

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
   

Statement of Comprehensive Income (Company)

         
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

         

   

Items

2014 July to
September

2013 July to
September

2014 January to
September

2013 January to
September

                   
   

I.

Operating revenue

10,448,263

11,831,897

30,772,029

35,139,908

     

Less:

Operating costs

10,449,255

11,807,610

31,084,922

35,153,561

       

Business tax and surcharges

43,118

44,564

111,900

141,224

       

Selling expenses

263,032

272,087

775,740

786,954

       

Administrative expenses

390,495

383,680

1,012,626

998,735

       

Finance expenses

1,007,316

763,940

2,709,579

2,400,179

       

Loss on assets impairment

-70,459

-16

391,687

99,739

     

Add:

Gains on fair value changes

       
       

    (loss stated with "-")

385

0

482

11,222

       

Investment income (loss stated with "-")

1,057,088

11,338

1,142,709

-1,756,895

       

Including:

Investment income from associated

       
         

    companies and joint ventures

62,498

0

107,644

-4,873

                   
   

II.

Operating profit (loss stated with "-")

-577,021

-1,428,630

-4,171,234

-6,186,157

     

Add:

Non-operating income

199,363

147,184

443,817

676,580

     

Less:

Non-operating expenses

4,791

5,562

12,670

17,481

       

Including:

Loss from disposal of

       
         

    non-current assets

122

1,186

584

3,111

                   
   

III.

Total profit (total loss stated with "-")

-382,449

-1,287,008

-3,740,087

-5,527,058

     

Less:

Income tax expenses

30,464

1,954

372,765

-15,495

                 
   

IV.

Net profit (net loss stated with "-")

-412,913

-1,288,962

-4,112,852

-5,511,563

               
   

V.

Earnings per share:

       
     

(i)

Basic earnings per share (RMB/Share)

       
     

(ii)

Diluted earnings per share (RMB/Share)

       
               
   

VI.

Other comprehensive income

       
               
   

VII.

Total comprehensive income

-412,913

-1,288,962

-4,112,852

-5,511,563

               

   

Person-in-charge

Head of Accounting

 

Legal Representative:

of Accounting:

Department:

 

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
   

Consolidated Statement of Cash Flows (Group)

         
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

         

   

Items

2014 January to September

2013 January to September

         
   

I.

Cash flow from operating activities:

   
     

Cash received from product sales and

   
     

    rendering of services

122,018,470

140,458,269

     

Refund of tax and levies received

62,690

103,967

     

Other cash received relating

   
     

    to operating activities

1,030,799

2,660,834

       



           
     

Sub-total of cash inflow

   
     

    from operating activities

123,111,959

143,223,070

       



           
     

Cash paid for purchase of

   
     

    goods and receipt of services

107,612,362

129,819,528

     

Cash paid to and on behalf of employees

4,579,969

5,378,066

     

Taxes and surcharges paid

2,709,847

2,874,983

     

Other cash paid relating to operating activities

2,891,932

2,797,674

       



           
     

Sub-total of cash outflow from

   
     

    operating activities

117,794,110

140,870,251

       



           
     

Net cash flow from operating activities

5,317,849

2,352,819

       



           
   

II.

Cash flows from investment activities:

   
     

Cash received from disposal of investments

274,786

0

     

Cash received from returns on investments

116,594

106,736

     

Net cash received from disposal of fixed assets,

   
     

    intangible assets and other long-term assets

190,264

115,447

     

Net cash received from disposal of subsidiaries

   
     

    and other operating entities

3,640,143

1,995,451

     

Other cash received relating to

   
     

    investment activities

1,796,772

1,024,873

       



           
     

Sub-total of cash inflow from

   
     

    investment activities

6,018,559

3,242,507

       



           
     

Cash paid to acquire fixed assets,

   
     

    intangible assets and other long-term assets

5,777,211

6,470,264

     

Cash paid for investment

104,948

661,775

     

Net cash paid for acquisition of

   
     

    subsidiaries and other operating entities

36,756

5,179

     

Other cash paid relating to investment activities

2,420,610

4,880,039

       



           
     

Sub-total of cash outflow from

   
     

    investment activities

8,339,525

12,017,257

       



           
     

Net cash flows from investment activities

-2,320,966

-8,774,750

       



           
   

III.

Cash flow from financing activities:

   
     

Proceeds received from investments

262,277

53,808

     

Including:

Proceeds received by subsidiaries

   
       

    from non-controlling

   
       

    shareholders' investment

262,277

53,808

     

Cash received from borrowings

39,023,023

57,055,842

     

Cash received from issue of debentures

28,461,813

20,000,000

     

Other cash received relating to

   
     

    financing activities

889,840

393,874

       



           
     

Sub-total of cash inflow from financing activities

68,636,953

77,503,524

       



           
     

Cash paid for repayment

64,326,149

65,354,342

     

Cash paid for dividend and profit

   
     

    distribution or interest repayment

4,501,471

4,243,805

     

Including:

Dividend and profit paid

   
       

    by subsidiaries to

   
       

    non-controlling shareholders

0

102,275

     

Other cash paid relating to financing activities

430,910

123,933

       



           
     

Sub-total of cash outflow from

   
     

    financing activities

69,258,530

69,722,080

       



           
     

Net cash flows from financing activities

-621,577

7,781,444

       



           
   

IV.

Effect on cash and cash equivalents due to

   
     

    change in foreign currency exchange rate

125,882

106,275

           
   

V.

Net increase in cash and cash equivalents

2,501,188

1,465,788

     

Add:

Balance of cash and cash equivalents

   
       

    at the beginning of the period

11,381,695

9,063,593

             
   

VI.

Balance of cash and cash equivalents at

   
     

    the end of the period

13,882,883

10,529,381

           

   

Person-in-charge

Head of Accounting

 

Legal Representative:

of Accounting:

Department:

 

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
   

Statement of Cash Flows (Company)

         
   

Unit: '000    Currency: RMB    Type of audit: Unaudited

         

   

Items

2014 January to September

2013 January to September

         
   

I.

Cash flow from operating activities:

   
     

Cash received from product sales

   
     

    and rendering of services

35,696,527

40,334,526

     

Refund of tax and levies received

14,903

27,611

     

Other cash received relating to

   
     

    operating activities

645,587

598,432

       



           
     

Sub-total of cash inflow from

   
     

    operating activities

36,357,017

40,960,569

       



           
     

Cash paid for purchase of goods and

   
     

    receipt of services

30,051,383

33,084,803

     

Cash paid to and on behalf of employees

2,804,211

3,355,932

     

Taxes and surcharges paid

1,337,089

1,659,102

     

Other cash paid relating to operating activities

2,762,402

2,467,274

       



           
     

Sub-total of cash outflow from

   
     

    operating activities

36,955,085

40,567,111

       



           
     

Net cash flow from operating activities

-598,068

393,458

       



           
   

II.

Cash flows from investment activities:

   
     

Cash received from disposal of investments

528,000

0

     

Cash received from returns on investments

1,027,691

68,142

     

Net cash received from disposal of

   
     

    fixed assets, intangible assets and

   
     

    other long-term assets

136,520

62,605

     

Net cash received from disposal of

   
     

    subsidiaries and other operating entities

3,640,143

2,489,341

     

Other cash received relating to

   
     

    investment activities

3,895,785

986,540

       



           
     

Sub-total of cash inflow from

   
     

    investment activities

9,228,139

3,606,628

       



           
     

Cash paid to acquire fixed assets, intangible

   
     

    assets and other long-term assets

1,603,175

1,464,863

     

Cash paid for investment

642,250

1,093,629

     

Net cash paid for acquisition of

   
     

    subsidiaries and other operating entities

0

3,347,715

     

Other cash paid relating to investment activities

4,898,331

5,483,378

       



           
     

Sub-total of cash outflow from

   
     

    investment activities

7,143,756

11,389,585

       



           
     

Net cash flows from investment activities

2,084,383

-7,782,957

       



           
   

III.

Cash flows from financing activities:

   
     

Proceeds received from investments

0

0

     

Cash received from borrowings

22,157,000

25,840,000

     

Cash received from issue of debentures

26,000,000

20,000,000

     

Other cash received relating to

   
     

    financing activities

21,000

536,297

       



           
     

Sub-total of cash inflow from

   
     

    financing activities

48,178,000

46,376,297

       



           
     

Cash paid for repayment

43,175,994

34,259,600

     

Cash paid for dividend and profit

   
     

    distribution or interest repayment

3,015,881

2,437,947

     

Other cash paid relating to financing activities

82,500

89,265

       



           
     

Sub-total of cash outflow from

   
     

    financing activities

46,274,375

36,786,812

       



           
     

Net cash flows from financing activities

1,903,625

9,589,485

       



           
   

IV.

Effect on cash and cash equivalents due

   
     

    to change in foreign currency exchange

   
     

    rate

-96

-4,236

           
   

V.

Net increase in cash and cash equivalents

3,389,844

2,195,750

     

Add:

Balance of cash and cash

   
       

    equivalents at the beginning

   
       

    of the period

4,890,967

4,396,234

             
   

VI.

Balance of cash and cash equivalents at

   
     

    the end of the period

8,280,811

6,591,984

 

Person-in-charge

Head of Accounting

Legal Representative:

of Accounting:

Department:

Xiong Weiping

Xie Weizhi

Lu Dongliang

         
 

4.2

Audit report

     
   

If the quarterly report is audited by the Certified Public Accountant, the contents of such audited report should be disclosed in the appendices.

     
   

Applicable

Not Applicable

       

As at the date of this announcement, the members of the board of directors comprise Mr. Xiong Weiping, Mr. Luo Jianchuan, Mr. Liu Xiangmin and Mr. Jiang Yinggang (Executive Directors); Mr. Wang Jun (Non-executive Director); Mr. Wu Jianchang, Mr. Ma Si-hang, Frederick and Mr. Wu Zhenfang (Independent Non-executive Directors).

About the Company

Our contact information of this release is:

*

Business address: No. 62 North Xizhimen Street, Haidian District, Beijing, People's Republic of China, 100082

*

Telephone number: (86-10) 8229 8103

*

Website: http://www.chalco.com.cn

*

Contact person: Xu Bo, Company Secretary