China XLX Fertiliser Ltd

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NOTES TO THE FINANCIAL STATEMENTS31 December 200827. Segment information (cont’d)Group assets and liabilities cannot be directly attributable to individual segments as it is impracticable toallocate them to the segments. Assets of the Group are utilised interchangeably between the differentsegments and there is no reasonable basis to allocate liabilities of the Group between the differentsegments. Accordingly, it is not meaningful to disclose assets, liabilities and capital expenditure by businesssegments.GroupCompound2008 Urea fertiliser Methanol Others Elimination TotalRmb’000 Rmb’000 Rmb’000 Rmb’000 Rmb’000 Rmb’000Revenue 1,281,996 708,268 214,836 36,302 (156,459) 2,084,943Gross profit (loss) 256,760 167,646 42,401 21,063 487,870Unallocated expenses, net (115,538)Finance expenses, net (22,564)Profit before tax 349,768Income tax expense (3,369)Net profit attributable toshareholders 346,399Write-back of doubtful tradereceivables (83)Write-off of doubtful tradereceivables 75Depreciation of property, plantand equipment 78,465Amortisation of land use rights 1,388Annual Report 200880
NOTES TO THE FINANCIAL STATEMENTS31 December 200827. Segment information (cont’d)GroupCompound2007 Urea fertiliser Methanol Others Elimination TotalRmb’000 Rmb’000 Rmb’000 Rmb’000 Rmb’000 Rmb’000Revenue 1,034,135 400,521 205,891 14,155 (113,280) 1,541,422Gross profit (loss) 292,866 58,715 66,745 (1,905) 416,421Unallocated expenses, net (73,037)Finance expenses, net (10,065)Profit before tax 333,319Income tax expense (16,142)Net profit attributable toshareholders 317,177Allowance for doubtful tradereceivables 360Write-off of doubtful tradereceivables 1,030Write-off of tax recoverable 732Write-off of technical know-how 1,350Depreciation of property, plantand equipment 43,984Amortisation of land use rights 21728. Commitments(a)Capital expenditure and other commitments contracted for as at the balance sheet date but notrecognised in the financial statements are as follows:Group2008 2007Rmb’000 Rmb’000Capital expenditureCommitments in respect of contracts entered into for constructionin-progress329,617 104,422OthersCommitments in respect of purchase of raw materials 262,572 21,193China XLX Fertiliser Ltd.81
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China XLXFertiliser Ltd.annual repo
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ChinaXLXFertiliser Ltd.ureacompound
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will still remain a necessity with
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Agriculture forms thefoundation of
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OUR PRODUCTSFruits ofour LaborAll o
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Compound fertilisers can be categor
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Financial SnapshotRMB Million FY 20
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OUR DISTRIBUTION NETWORK13
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Third plant near completion with 40
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Social ResponsibilityTesting of soi
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Sewage treatment 污水处理FGD
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2003 with a Degree in Accountancy.
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Corporate InformationBoard of Direc
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CORPORATE GOVERNANCE REPORTThe foll
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CORPORATE GOVERNANCE REPORTThe Arti
Page 32 and 33: CORPORATE GOVERNANCE REPORTThe Exec
Page 34 and 35: CORPORATE GOVERNANCE REPORTThe Audi
Page 36 and 37: CORPORATE GOVERNANCE REPORTDealing
Page 38 and 39: DIRECTORS’ REPORTBy virtue of Sec
Page 40 and 41: STATEMENT BY DIRECTORSWe, Liu Xingx
Page 42 and 43: INDEPENDENT AUDITORS’ REPORTTo th
Page 44 and 45: BALANCE SHEETSas at 31 December 200
Page 46 and 47: STATEMENTS OF CHANGES IN EQUITYfor
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Page 50 and 51: NOTES TO THE FINANCIAL STATEMENTS31
Page 90 and 91: STATISTICS OF SHAREHOLDINGSas at 17
Page 92 and 93: NOTICE OF ANNUAL GENERAL MEETINGNOT
Page 94 and 95: NOTICE OF ANNUAL GENERAL MEETINGExp
Page 96 and 97: Notes:1. A member shall not be enti
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China XLX Fertiliser Ltd

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