Beijing Supermap Software Co.Ltd(300036)
Year 2021
audit report
catalogue
Page I. audit report 1-6 II Financial statements 1-12 (I) consolidated balance sheet 1-2 (II) consolidated income statement 3 (III) consolidated cash flow statement 4 (IV) consolidated statement of changes in owner's equity 5-6 (V) Balance sheet of parent company 7-8 (VI) income statement of parent company 9 (VII) cash flow statement of parent company 10 (VIII) statement of changes in owner's equity of parent company 11-12 III. notes to financial statements 13-117 IV Practicing qualification certificate of the firm
Audit report
Zhonghui kuaishan [2022] No. 1086 Beijing Supermap Software Co.Ltd(300036) all shareholders:
1、 Audit opinion
We have audited the financial statements of Beijing Supermap Software Co.Ltd(300036) (hereinafter referred to as Beijing Supermap Software Co.Ltd(300036) company), including the consolidated and parent company's balance sheet as of December 31, 2021, the consolidated and parent company's income statement, consolidated and parent company's cash flow statement, consolidated and parent company's statement of changes in owner's equity and notes to financial statements in 2021.
In our opinion, the attached financial statements are prepared in accordance with the provisions of the accounting standards for business enterprises in all material aspects and fairly reflect the consolidated and parent company's financial position of Beijing Supermap Software Co.Ltd(300036) company as of December 31, 2021 and the consolidated and parent company's operating results and cash flow in 2021.
2、 Basis for forming audit opinions
We conducted our audit in accordance with the auditing standards for Chinese certified public accountants. The "responsibilities of certified public accountants for the audit of financial statements" in the audit report further expounds our responsibilities under these standards. In accordance with the code of professional ethics for Chinese certified public accountants, we are independent of Beijing Supermap Software Co.Ltd(300036) company and have fulfilled other responsibilities in terms of professional ethics. We believe that the audit evidence we have obtained is sufficient and appropriate, which provides a basis for our audit opinion.
3、 Key audit matters
The key audit matters are the most important matters that we consider to audit the current financial statements according to our professional judgment. The response to these matters is based on the overall audit of the financial statements and the formation of audit opinions. We will not express separate opinions on these matters. We confirm that the following matters are the key audit matters that need to be communicated in the audit report.
（1） Goodwill impairment
1. Event description
As stated in note III (24) "impairment of long-term assets" and note V (17) "goodwill" of the financial statements, as of December 31, 2021, the book balance of goodwill in the consolidated financial statements of Beijing Supermap Software Co.Ltd(300036) company was RMB 708582000, and the provision for impairment of goodwill had been withdrawn was RMB 1312100. The management shall conduct impairment test on goodwill at the end of each year and adjust the book value of goodwill according to the results of impairment test. The results of goodwill impairment test largely depend on the estimates made and assumptions adopted by the management, such as the estimation of the expected future cash flow and discount rate of the asset group or combination of asset groups. These estimates are affected by the management's judgment on the future market and the economic environment. Adopting different estimates and assumptions will have a great impact on the recoverable value of the assessed goodwill. As the amount of goodwill is significant and the management needs to make significant judgments, we determine the impairment of goodwill as a key audit event.
2. Audit response
Our main audit procedures are as follows:
(1) Understand, evaluate and test the company's key internal control related to goodwill impairment;
(2) Analyze the key assumptions and methods adopted by the management in the recognition of the asset group or combination of asset groups to which the goodwill belongs and the goodwill impairment test, and check the rationality of relevant assumptions and methods;
(3) Understand and evaluate the work of external evaluation experts, analyze the key assumptions and methods involved in the work of external evaluation experts, and check the rationality of relevant assumptions and methods;
(4) Analyze and evaluate whether the disclosure of goodwill impairment test in the financial statements meets the requirements of accounting standards for business enterprises.
（2） Revenue recognition
1. Event description
For example, note 3 (30) "revenue" and note 5 (38) "operating revenue / operating cost" of the financial statements
As mentioned above, Beijing Supermap Software Co.Ltd(300036) company achieved an operating revenue of 1875094100 yuan in 2021, an increase of 265046700 yuan over 2020 Beijing Supermap Software Co.Ltd(300036) and its subsidiaries are mainly engaged in the development, service and sales of GIS related software. Due to the large amount of operating revenue, it is an important component of Beijing Supermap Software Co.Ltd(300036) consolidated income statement and one of the key performance indicators of the company. The management may make misstatement in revenue recognition and presentation, so we determine the recognition of operating revenue as a key audit matter.
2. Audit response
Our main audit procedures are as follows:
(1) Understand, test and evaluate the design and implementation of internal control related to revenue recognition of Beijing Supermap Software Co.Ltd(300036) company to determine the effectiveness of internal control;
(2) Sample the sales contract and its acceptance form and other documents, discuss with the company's management, analyze and evaluate the time point of control transfer related to the recognition of operating revenue, so as to evaluate the rationality of the accounting policy for the recognition of operating revenue of the company;
(3) According to the characteristics and nature of customer transactions, select samples to implement the letter confirmation procedure to confirm the accuracy and authenticity of the balance of accounts receivable and the amount of operating revenue;
(4) Implement analytical review procedures to determine the rationality of changes in operating revenue and gross profit margin;
(5) Perform the business income cut-off test to confirm whether the business income is recorded in the correct accounting period.
4、 Other information
Beijing Supermap Software Co.Ltd(300036) company management (hereinafter referred to as management) is responsible for other information. Other information includes the information covered in the 2021 annual report, but does not include the financial statements and our audit report.
Our audit opinion on the financial statements does not cover other information, and we will not issue any form of assurance conclusion on other information.
In combination with our audit of the financial statements, our responsibility is to read other information and consider whether other information is materially inconsistent with the financial statements or the information we have learned in the audit process, or there seems to be material misstatement.
Based on the work we have performed, if we determine that there is a material misstatement in other information, we should report that fact. In this regard, we have nothing to report.
5、 Responsibilities of management and governance for financial statements
The management is responsible for preparing the financial statements in accordance with the provisions of the accounting standards for business enterprises to achieve a fair reflection, and designing, implementing and maintaining necessary internal control so that the financial statements are free from material misstatement caused by fraud or error.
When preparing the financial statements, the management is responsible for evaluating the sustainable operation ability of Beijing Supermap Software Co.Ltd(300036) company, disclosing matters related to sustainable operation (if applicable), and applying the assumption of sustainable operation, unless the management plans to liquidate Beijing Supermap Software Co.Ltd(300036) company, terminate operation or have no other realistic choice.
Beijing Supermap Software Co.Ltd(300036) corporate governance (hereinafter referred to as governance) is responsible for supervising the financial reporting process of Beijing Supermap Software Co.Ltd(300036) company.
6、 Responsibilities of certified public accountants for the audit of financial statements
Our goal is to obtain reasonable assurance on whether the financial statements as a whole are free from material misstatement due to fraud or error, and issue an audit report containing audit opinions. Reasonable assurance is a high-level assurance, but it does not guarantee that the audit performed in accordance with the audit standards will always be found when a major misstatement exists. Misstatement may be caused by fraud or error. If it is reasonably expected that the misstatement alone or in summary may affect the economic decisions made by the users of the financial statements based on the financial statements, the misstatement is generally considered to be significant.
In the process of carrying out the audit work in accordance with the audit standards, we use professional judgment and maintain professional doubt. At the same time, we also carry out the following work:
（1） Identify and assess the risks of material misstatement of financial statements due to fraud or error, design and implement audit procedures to deal with these risks, and obtain sufficient and appropriate audit evidence as the basis for issuing audit opinions. Since fraud may involve collusion, forgery, intentional omission, misrepresentation or override of internal control, the risk of failing to find major misstatement caused by fraud is higher than that caused by error.
（2） Understand the internal control related to audit in order to design appropriate audit procedures, but the purpose is not to express an opinion on the effectiveness of internal control.
（3） Evaluate the appropriateness of accounting policies selected by the management and the rationality of accounting estimates and related disclosures. （4） Draw conclusions on the appropriateness of management's use of going concern assumptions. At the same time, according to the audit evidence obtained, draw a conclusion on whether there are major uncertainties in the matters or circumstances that may lead to major doubts about the sustainable operation ability of Beijing Supermap Software Co.Ltd(300036) company. If we conclude that there is significant uncertainty, the auditing standards require us to draw the attention of statement users to the relevant disclosures in the financial statements in the audit report; If the disclosure is insufficient, we should express a non unqualified opinion. Our conclusions are based on the information available as of the date of the audit report. However, future events or circumstances may cause Beijing Supermap Software Co.Ltd(300036) company to be unable to continue its business.
（5） Evaluate the overall presentation, structure and content of the financial statements, and evaluate whether the financial statements fairly reflect relevant transactions and events.
（6） Obtain sufficient and appropriate audit evidence on the financial information of entities or business activities in Beijing Supermap Software Co.Ltd(300036) company to express audit opinions on the financial statements. We are responsible for guiding, supervising and implementing the group audit, and take full responsibility for the audit opinions.
We communicated with the management on the planned audit scope, schedule and major audit findings, including the internal control defects that we identified in the audit.
We also provide a statement to the management that we have complied with the professional ethics requirements related to independence, and communicate with the management all relationships and other matters that may reasonably be considered to affect our independence, as well as relevant preventive measures (if applicable).
From the matters communicated with the management, we determine which matters are the most important for the audit of the current financial statements, thus constituting key audit matters. We describe these matters in the audit report, unless laws and regulations prohibit the public disclosure of these matters, or in rare cases, if the negative consequences of communicating a matter in the audit report are reasonably expected to exceed the benefits in the public interest, we determine that we should not communicate the matter in the audit report. Zhonghui Certified Public Accountants (special general partnership) Chinese certified public accountant: Zhao Yifei
(project partner)
Hangzhou, China Certified Public Accountant: Liu Chenglong
Chinese certified public accountant: Wang Jianhua
Report date: March 23, 2022
Consolidated balance sheet
Prepared by: Beijing Supermap Software Co.Ltd(300036) amount unit: RMB
December 31, 2021 December 31, 2020
Current assets:
Monetary capital 138702394675109791156129 trading financial assets 625011637155301327956 derivative financial assets 0.00 0.00 notes receivable 125061715112356
