Pengdu Agriculture & Animal Husbandry Co.Ltd(002505) goodwill impairment test report
Company code: Pengdu Agriculture & Animal Husbandry Co.Ltd(002505)
2021 goodwill impairment test report
1、 Whether to conduct impairment test √ yes □ No 2. Whether to obtain the evaluation report for the purpose of financial report in the impairment test √ yes □ no
Asset group name appraisal institution appraiser appraisal report no. appraisal value type appraisal result
Assessed by income method, including hdpf
Participacoes Ltda. And DKBA
Participacoes Ltda. The value of the goodwill asset group on the appraisal of the recoverable value of the Brazilian asset group Beijing Zhuoxin Dahua asset Yan Song Li Zilong Zhuoxin Dahua Appraisal Co., Ltd. (2022) No. 9030 on the benchmark date of the appraisal of the recoverable value is real
179650000 yuan. According to the exchange rate of real to RMB on the benchmark date of appraisal, 1: 1.1443, which is equivalent to about RMB
2055809900 yuan.
3、 Are there any signs of impairment
Whether the asset group name has impairment trace remarks whether to withdraw impairment remarks impairment basis remarks
as
There is no sign of impairment in the Brazilian asset group. No
4、 Allocation of goodwill
Unit: Yuan
Asset group name asset group or asset group asset group or asset group asset group or asset group goodwill allocation method to allocate the original value of goodwill
Determination method of composition of contract book amount of contract
Including hdpf
Brazilian asset group participacoes LTDA And whether the asset group can independently produce 138244684128 and allocate 71804476076 DKBA participacoes cash inflow according to the book value
Ltda. Goodwill asset group
Pengdu Agriculture & Animal Husbandry Co.Ltd(002505) goodwill impairment test report
Whether the determination method of asset group or combination of asset groups is different from that of previous years □ yes √ no v. goodwill impairment test process 1. Important assumptions and their reasons (1) general assumptions 1). It is assumed that the property right holder will continue to operate after the benchmark date; 2) . assumption of continuous use of assets: the assumption of continuous operation of assets refers to that the asset group including goodwill should continue to be used according to the current purpose, mode, scale, frequency and environment, or be used on the basis of changes, and the evaluation method, parameters and basis should be determined accordingly.
(2) Special hypothesis 1). It is assumed that there is no significant change in the current relevant laws, regulations and policies of the country and the national macroeconomic situation, and there is no significant change in the political, economic and social environment of the region where the goodwill asset group is located. 2) . it is assumed that the interest rate, exchange rate, tax benchmark, tax rate, policy collection fee and other evaluation benchmark related to the asset group including goodwill will not change significantly after the evaluation benchmark date. 3) It is assumed that the industry in which the asset group with goodwill is located maintains a stable development trend, and there are no significant changes in industrial policies, management systems and relevant regulations. 4) I. It is assumed that there are no force majeure and unforeseen factors after the benchmark date, which have a significant adverse impact on the asset group containing goodwill. 5) It is assumed that the accounting policies adopted by the asset group with goodwill after the benchmark date are consistent with those adopted in the preparation of this asset appraisal report in important aspects. 6) . it is assumed that the main operation and management teams involved in the asset group with goodwill maintain the existing management mode and management level, and the business scope and mode are consistent with the current direction; Moreover, the operator is responsible and capable of taking his post. 7) It is assumed that the acquisition, acquisition and construction of assets involved in the asset group with goodwill comply with relevant national laws and regulations. 8) It is assumed that the cash inflow of the asset group including goodwill after the benchmark date is the average inflow and the cash outflow is the average outflow. 9) It is assumed that the contracts, agreements and letters of acceptance being performed or not yet performed provided by the property right holder are valid and can be completed within the planned time. 10) It is assumed that the property right holder can continue to enjoy the corresponding preferential tax policies within the specified period in the future. 11) It is assumed that the assets leased by the asset group with goodwill can be renewed normally and used continuously after the expiration of the lease. 12) It is assumed that the licenses, use permits, consent letters or other legal and administrative authorization documents of the asset group with goodwill that need to be issued by national or local government agencies and organizations are normally used in compliance within the validity period on the benchmark date, and these licenses can be renewed or renewed upon expiration. 2. Book value of overall asset group or asset group combination
Unit: Yuan
Asset groups belonging to shareholders of the parent company or asset groups belonging to minority shareholders, asset groups containing goodwill, book value of goodwill, book value of goodwill, book value of all goodwill and book value of other assets or combination of asset groups
Brazil asset group 348303044272365948124658489785673138244684128196734469802
3. Recoverable amount (1) net amount of fair value minus disposal expenses □ applicable √ not applicable (2) present value of estimated future net cash flow √ applicable □ not applicable
Unit: Yuan
Asset group name forecast period business forecast period profit forecast period net stable period business stable period profit stable period net expected future said forecast period business income profit increase rate profit stable period business income profit increase rate profit discount rate cash net flow long rate long rate present value of long rate quantity
Brazil’s assets are 5.76% 6.02% 3357936 from 2022 to 2026, with 51293041 in 2026
Group years 4.90% 3.58 6.70% after 050.61 – 7.71% 1.66 22.46%
% 3.04% 7.15%
Pengdu Agriculture & Animal Husbandry Co.Ltd(002505) goodwill impairment test report
1.99% 7.51%
7.71%
yes
The forecast period of 2020 is 20212025, and the revenue growth rate is – 4.40% respectively. Whether the growth rate of operating revenue in the forecast period is inconsistent with that in the previous period is 7.54%, 7.92%, 8.25% and 6.98%.. The forecast period is 20222026, with revenue growth rates of 5.76%, 4.90%, 3.58%, 3.04% and 1.99% respectively.
yes
The forecast period of 2020 is 20212025, and the profit margins are 3.74% and 4.06% respectively
