Securities code: Guangdong Lyric Robot Automation Co.Ltd(688499) securities abbreviation: Guangdong Lyric Robot Automation Co.Ltd(688499) Announcement No.: 2022018 Guangdong Lyric Robot Automation Co.Ltd(688499)
Announcement on changes in accounting policies
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear legal responsibility for the authenticity, accuracy and integrity of the contents according to law.
Important content tips:
Guangdong Lyric Robot Automation Co.Ltd(688499) (hereinafter referred to as "the company") makes appropriate changes and adjustments to the company's accounting policies, accounting and presentation of relevant accounting subjects in accordance with the question and answer on the implementation of accounting standards for business enterprises issued by the accounting department of the Ministry of finance of the people's Republic of China (hereinafter referred to as "the Ministry of finance") in November 2021. This accounting policy change has no significant impact on the company's financial position, operating results and cash flow. 1、 Overview of changes in accounting policies
1. Date of accounting policy change
The company prepares the financial statements for the year 2021 and subsequent periods in accordance with the requirements of the question and answer on the implementation of accounting standards for business enterprises issued by the accounting department of the Ministry of Finance in November 2021.
2. Reasons for changes in accounting policies
In November 2021, the accounting department of the Ministry of Finance issued a question and answer on the implementation of accounting standards for Business Enterprises No. 14 - revenue, It is pointed out that "generally, the transportation activities before the control of the enterprise's goods or services is transferred to the customer and in order to perform the customer's contract do not constitute a single performance obligation, and the relevant transportation costs should be regarded as the contract performance costs, amortized on the same basis as the recognition of the revenue of goods or services, and included in the current profit and loss. The contract performance costs should be carried forward and included in the" main business costs "or "Other business costs" and listed in the "operating costs" item of the income statement. According to the questions and answers on the implementation of the above relevant standards, the company prepares the financial statements of 2021 and subsequent periods.
3. Accounting policies adopted by the company before change
Before the change of accounting policy, the company implemented the accounting standards for business enterprises - basic standards, various specific accounting standards, application guide of accounting standards for business enterprises, interpretation of accounting standards for business enterprises and other relevant provisions issued by the Ministry of finance.
4. Accounting policies adopted by the company after change
After this accounting policy change, the company will implement the Q & A on the implementation of accounting standards for business enterprises issued by the accounting department of the Ministry of Finance in November 2021. In addition to the above changes in accounting policies, the remaining unchanged parts are still in accordance with the accounting standards for business enterprises - basic standards, various specific accounting standards, application guidelines of accounting standards for business enterprises, interpretation of accounting standards for business enterprises and other relevant provisions issued by the Ministry of finance.
2、 Main contents of this accounting policy change and its impact on the company
1. This accounting policy change is a reasonable change according to the relevant provisions of the accounting department of the Ministry of Finance on the implementation of Q & A. accordingly, the relevant subjects of the company's 2021 financial statements shall be implemented accordingly, and the relevant subjects of 2020 financial statements shall be retroactively adjusted.
From January 1, 2021, the company reclassified the transportation costs incurred in performing the customer sales contract from "sales expenses" to "operating costs", as follows:
Unit: RMB
Affected amount
Content of accounting policy change - increase / decrease (expressed with "-")
And the reasons for the affected statement accounts in 2021
The group and the company
(merger) (parent company)
For the sales expenses of commodity control -682031974 -682031974
Before the right is transferred to the customer and for the performance of the customer's sales contract
For the transportation cost incurred, the operating cost 682031974682031974 is reclassified from the sales expense to the operating cost.
Related cash outflows, other cash paid related to operating activities -682031974 -682031974
Cash related to business activities: purchase of goods and acceptance of labor services
Reclassified to 682031974 cash paid for purchasing goods and 682031974 cash paid for labor services.
The impact on relevant subjects of 2020 financial statements is as follows:
Unit: RMB
Affected amount
Contents of accounting policy changes and affected statement sections - increase / decrease (expressed with "-")
Reason: year 2020
The group and the company
(merger) (parent company)
For the sales expenses -607453348 -607453348 incurred before the transfer of commodity control to the customer and paid for the performance of the customer's sales contract
For transportation costs incurred, reclassify them from operating costs 607453348 to 607453348 sales expenses
Operating costs. Related cash outflows and other payments
Redistribute the cash paid from other operating activities related to cash -607453348 -607453348
Cash paid for purchasing goods, accepting labor, purchasing goods and accepting labor 607453348607453348. Cash paid for business
2. In addition, the change of accounting policies will not have an impact on the company's operating revenue, net profit, net assets and other important financial indicators, nor will it have a significant impact on the company's financial report.
It is hereby announced.
Guangdong Lyric Robot Automation Co.Ltd(688499) board of directors April 7, 2022
