Securities code: Tianjin Tianbao Infrastructure Co.Ltd(000965) securities abbreviation: Tianjin Tianbao Infrastructure Co.Ltd(000965) Announcement No.: 202226 Tianjin Tianbao Infrastructure Co.Ltd(000965)
Announcement on the provision for asset impairment in 2021
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Tianjin Tianbao Infrastructure Co.Ltd(000965) (hereinafter referred to as "the company") deliberated and adopted the 2021 annual report and summary at the 29th meeting of the 8th board of directors and the 8th meeting of the 8th board of supervisors. In accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange and the self regulatory guide for listed companies of Shenzhen Stock Exchange No. 1 - business handling, the company announced the specific conditions of the provision for asset impairment in 2021 as follows: I. overview of the provision for asset impairment
In accordance with the relevant provisions of the accounting standards for business enterprises and the company's accounting policies, based on the principle of prudence, in order to truly and accurately reflect the company's financial position and operating results as of December 31, 2021, after the company and its subsidiaries conducted a comprehensive inventory and asset impairment test on the assets with possible signs of impairment, the company accrued a total of 24410542184 yuan for asset impairment within the scope of the consolidated statements of 2021, See the following table for details:
Unit: Yuan
Amount incurred in current period and amount incurred in previous period
(after retroactive adjustment)
Asset impairment loss - inventory falling price loss -24410542184 -61602090230
Total -24410542184 -61602090230
2、 Specific description of the provision for asset impairment
According to Article 15 of accounting standards for Business Enterprises No. 1 - inventories, inventories shall be measured at the lower of cost and net realizable value on the balance sheet date.
The company calculates the net realizable value according to the estimated selling price of inventory minus the estimated cost to be incurred at the time of completion, estimated selling expenses and relevant taxes. As of December 31, 2021, the net realizable value of Tanggu Dalian Dongdao plot project was lower than the book cost by 25709340545 yuan. According to the above impairment test results, when preparing the 2021 financial statements, the company accrued the above amount of inventory falling price reserves. The opening balance of inventory falling price reserves of Tanggu Dalian East Road plot project was 27882001234 yuan, and the write off in this period was 6799607888 yuan. In this period, it is necessary to accrue inventory falling price losses of 4626947199 yuan for "Tanggu Dalian East Road plot project"; The net realizable value of the eco city plot project is lower than the book cost of 19028438488 yuan. The opening balance of the inventory falling price reserve of the project is 14943543272 yuan, and the inventory falling price loss of 4084895216 yuan needs to be accrued in the current period; The net realizable value of the tiantuo phase II plot project in Nankai District is lower than the book cost by 17552056051 yuan. The opening balance of the inventory falling price reserve of the project is 0.00 yuan, and the inventory falling price loss of 17552056051 yuan needs to be accrued in this period; The net realizable value of yunqi road project is 34998257264 yuan lower than the book cost. The opening balance of the inventory falling price reserve of the project is 38116126378 yuan, and the inventory falling price loss reversed in the current period is 3117869114 yuan; The net realizable value of the project is 7138656351 yuan lower than the book cost. The opening balance of the inventory falling price reserve of the project is 9969032788 yuan, the current write off is 2503880291 yuan, the investment real estate impairment reserve is 1591008978 yuan, and the inventory falling price loss of 1264512832 yuan needs to be accrued in the current period.
Unit: Yuan
Asset name ending balance net recoverable amount of assets withdrawn impairment amount in the current period reversed impairment amount in the current period reversed impairment amount in the current period reversed impairment amount in the current period transferred to investment closing book value in the current period
Amount of real estate impairment
Product development Tanggu Dalian
Dongdao plot 13520067196910949133142446269471996799607888109491331424 project development cost
Ecological city land 2477695372992287410988114084895216228741098811 block project Nankai District Tian
Tow phase II Land 32205447180630450241575517552056051304502415755 block project
Yunqi road item 1428271976211078289403573117869114107828940357
Jiucui road item 305442410872340558473612645128322503880291159100897823405584736
Total 8783961197827739693710832441054218493034881791591008978773969371083
3、 Impact of the provision for asset impairment on the company's financial position in the reporting period
The total amount of the company's provision for asset impairment in 2021 is 24410542184 yuan. After considering the impact of deferred income tax expenses corresponding to the provision for inventory falling price, the net profit attributable to shareholders of the listed company in 2021 is reduced by 23253805384 yuan.
After the provision for asset impairment is made, the total profit of the company in 2021 is 18885564668 yuan, and the net profit attributable to the shareholders of the listed company is 4951019451 yuan. The above data have been audited by ShineWing Certified Public Accountants (special general partnership).
4、 Explanation of the board of directors on the rationality of the company's provision for asset impairment
The provision for asset impairment of the company this time complies with the provisions of the accounting standards for business enterprises and relevant accounting policies of the company, reflects the principle of accounting prudence, fairly reflects the consolidated financial position and consolidated operating results of the company as of December 31, 2021, and helps to provide investors with more reliable accounting information.
It is hereby announced
Tianjin Tianbao Infrastructure Co.Ltd(000965) board of directors
April 14, 2002
