Securities code: 300426 securities abbreviation: Zhejiang Talent Television & Film Co.Ltd(300426) Announcement No.: 2022-010 Zhejiang Talent Television & Film Co.Ltd(300426)
Announcement on the provision for asset impairment
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.
Zhejiang Talent Television & Film Co.Ltd(300426) (hereinafter referred to as "the company") held the 22nd Meeting of the 4th board of directors and the 23rd Meeting of the 4th board of supervisors on January 24, 2022, and deliberated and adopted the proposal on the provision for asset impairment. According to the relevant provisions of Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 2 - standardized operation of GEM listed companies, the specific contents are announced as follows:
1、 Provision for asset impairment this time
(I) overview of the provision for asset impairment this time
In order to truly, fairly and accurately reflect the assets and financial position of the company as of December 31, 2021, the company has carried out inventory and impairment test on the main assets in the consolidated statements as of December 31, 2021 in accordance with the relevant provisions of the accounting standards for business enterprises and accounting policies and based on the principle of prudence. After testing, in 2021, the company plans to recognize impairment loss of 21.7993 million yuan, including credit impairment loss of 1996.22 million yuan and asset impairment loss of 1.8371 million yuan. The details are as follows:
Unit: 10000 yuan
Amount of impairment loss in 2021
1、 Credit impairment loss 1996.22
Including: expected credit loss of accounts receivable 807.23
Expected credit loss of other receivables 1188.99
2、 Asset impairment loss 183.71
Including: inventory falling price loss 183.71
Total 2179.93
In the above table, the provision of credit impairment loss is mainly based on the measurement method of impairment of financial instruments in the company's accounting policies, combined with the aging changes of accounts receivable and other receivables, and the bad debt reserves withdrawn according to the expected credit loss rate; The provision for asset impairment loss is mainly the provision for inventory falling price of copyright expired items in raw materials.
(II) statement of individual significant impairment provision
In accordance with the relevant provisions of Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 2 - standardized operation of GEM listed companies, The individual provision for asset impairment accounts for more than 30% of the audited net profit of the company in the latest fiscal year and the absolute amount exceeds 10 million yuan. The details are as follows: unit: 10000 yuan
Accounts receivable accounts receivable
Bad debt of project accounts receivable basis and reason for bad debt withdrawal of current accounts receivable
Provision year of original value
Beginning amount and ending amount
According to the measurement method for impairment of financial instruments in March 3, 2010 8775.00 438.75 3948.75 4387.50 of the company's accounting policy, the bad debt impairment of accounts receivable such as the tenth day is withdrawn according to the expected credit loss rate
The accounts receivable of 0.00 3496.00 - 3496.00 0.00 in "we are terminating the recognition of young people due to signing the termination contract in wartime" are fully transferred back to the bad debt reserves of accounts receivable accrued at the beginning of the year
(III) approval procedures for the provision for asset impairment this time
The proposal on withdrawing the provision for asset impairment has been deliberated and adopted at the 22nd Meeting of the 4th board of directors and the 23rd Meeting of the 4th board of supervisors, and the independent directors have expressed their independent opinions. According to the relevant provisions of the rules of procedure of the Zhejiang Talent Television & Film Co.Ltd(300426) board of directors, the provision for asset impairment is within the decision-making authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation and approval.
2、 Description of the impact and rationality of the provision for asset impairment on the company
The total impairment loss of assets accrued by the company this time is 21.7993 million yuan. The net profit attributable to the owner of the parent company in the consolidated statements of the corresponding company in 2021 is reduced by 20.5667 million yuan, and the owner's equity attributable to the parent company is reduced by 20.5667 million yuan. The provision for asset impairment of the company has not been audited by the accounting firm, and the final data shall be subject to the financial data audited by the accounting firm.
The company's provision for asset impairment in the current period is calculated according to the actual situation of relevant assets of the company and based on the principle of prudence, in line with the accounting standards for business enterprises and other relevant provisions, and the basis for provision is reasonable.
After the provision for asset impairment is made, the company's financial statements can more truly and fairly reflect the company's current financial situation, asset value and operating results, and the company's financial information is more reasonable.
3、 Explanation of the board of directors on whether the provision for asset impairment is in line with the accounting standards for business enterprises
The provision for asset impairment this time is in line with the accounting standards for business enterprises and relevant accounting policies of the company, with sufficient basis, reflecting the principle of accounting prudence and in line with the actual situation of the company. After the provision for asset impairment loss this time, it can more fairly reflect the assets and operation status of the company in 2021, without damaging the interests of the company and shareholders.
4、 Opinions of independent directors
The independent directors believe that the company's provision for asset impairment this time is made based on the principle of prudence and has sufficient basis. After the provision for asset impairment is made, it is conducive to more objectively, fairly and truly reflect the company's asset status, which is in line with the actual situation of the company and does not damage the interests of the company and all shareholders, especially small and medium-sized shareholders. The independent directors agreed to withdraw the provision for asset impairment this time.
5、 Explanation of the board of supervisors on whether the provision for asset impairment is in line with the accounting standards for business enterprises
The board of supervisors believes that the provision for asset impairment of the company this time complies with the relevant provisions of the accounting standards for business enterprises and the actual situation of the company. After this provision, it can more objectively, fairly and truly reflect the asset status of the company, and there is no damage to the interests of the company and all shareholders, especially small and medium-sized shareholders. It agrees with the provision for asset impairment of the company this time.
6、 Documents for future reference
1. Zhejiang Talent Television & Film Co.Ltd(300426) resolution of the 22nd Meeting of the 4th board of directors;
2. Zhejiang Talent Television & Film Co.Ltd(300426) resolution of the 23rd Meeting of the Fourth Board of supervisors;
3. Independent opinions of independent directors on Zhejiang Talent Television & Film Co.Ltd(300426) matters related to the 22nd Meeting of the Fourth Board of directors.
It is hereby announced.
Zhejiang Talent Television & Film Co.Ltd(300426) board of directors January 25, 2002
