1、 Inner Mongoliayuan Xing Energy Company Limited(000683) long term equity investment and treatment of consolidated statements
After purchasing equity and increasing capital, Inner Mongoliayuan Xing Energy Company Limited(000683) merged Yingen mining, according to the accounting standards for Business Enterprises No. 2 – long term equity investment Accounting standards for Business Enterprises No. 20 – business combination: consolidated financial statements in accordance with accounting standards for Business Enterprises No. 33) and guidelines for the application of the regulatory rules of the China Securities Regulatory Commission · accounting No. 1 should be handled in accordance with the relevant provisions of business combination under the same –t blank system:
(I) initial measurement of long-term equity investment
For a business combination under the same control, if the combining party takes the payment of cash, the transfer of non cash assets or the assumption of liabilities as the combination consideration, the share of the book value of the owner’s equity of the combined party in the final consolidated financial statements shall be taken as the initial investment cost of the long-term equity investment on the combination date For the difference between the book value of the transferred non cash assets and the book value of the liabilities, the capital reserve shall be adjusted; If the capital reserve is insufficient to offset, the retained earnings shall be adjusted
(II) consolidated statements
The assets and liabilities obtained by the combining party from the enterprise shall be measured according to the book value of the combined party on the combining date. The difference between the book value of the net assets obtained by the combining party and the book value of the merger consideration paid (or the total face value of the issued shares) shall be adjusted to the capital reserve; If the capital reserve is insufficient to offset, adjust the retained earnings. II. Impact of amortization or impairment of intangible assets and mining rights on Inner Mongoliayuan Xing Energy Company Limited(000683) performance
(I) amortization of mining rights of intangible assets
Boots million
One value-added one
Inverted original value ｜ annual amortization amount
Amortization period
278.24 I 10.70 26133636608
(II) amortization or of mineral penalty right of intangible assets; Influence of value on Yuanxing energy’s K performance measurement
1. Inner Mongoliayuan Xing Energy Company Limited(000683) cash flow statement is measured by the book value of Yingen mining, and intangible assets at the level of consolidated statement. Mining
(there is no text on this page, which is the signature and seal page of ShineWing Certified Public Accountants (special general partnership) on the reply to the restructuring inquiry letter of Guan Qian to Inner Mongoliayuan Xing Energy Company Limited(000683) )
Chinese certified public accountant:
Beijing, China February 28, 2002
