Zhejiang Founder Motor Co., Ltd. Financial Data

Conslidated

Conslidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 1,374.22 1,435.35 1,087.51
Non-current assets 1,495.01 1,856.93 1,816.61
Total assets 2,869.23 3,292.28 2,904.12
Current liabilities 838.17 780.98 495.67
Non-current liabilities 61.18 36.31 56.42
Total liabilities 899.35 817.29 552.09
Capital 443.51 450.90 265.24
Capital reserves 1,641.73 1,690.00 1,882.10
Profit reserves 38.37 38.37 31.19
Backlog profits (140.27) 325.21 213.36
Minority shareholder equity 9.96 10.24 10.45
Total shareholders' equity 1,969.88 2,475.00 2,352.03
Liabilities and shareholders' equity 2,869.23 3,292.28 2,904.12

Conslidated Proft and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 1,363.62 1,318.08 1,049.33
Operating income (418.61) 154.63 127.64
Ordinary income (426.75) 153.04 143.56
Net profit (444.66) 132.09 118.83

Conslidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash flows from operating activities 38.90 46.10 36.29
Cash flows from investment activities (128.10) (65.67) (90.89)
Cash flows from financing activities 47.54 60.51 (57.15)
Gains (losses) from exchange-rate translation 4.71 (6.25) 1.30
Increases (decreases) in cash and cash equivalents (36.95) 34.68 (110.45)
Cash and cash equivalent at the beginning of the term 150.61 115.93 226.39
Cash and cash equivalent at the term-end 113.66 150.61 115.93

Non-Conslidated

Non-Conslidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 731.90 615.67 461.27
Non-current assets 1,889.41 2,189.03 2,127.08
Total assets 2,621.32 2,804.70 2,588.35
Current liabilities 703.44 494.08 325.94
Non-current liabilities 55.91 31.71 51.50
Total liabilities 759.35 525.79 377.44
Capital 443.51 450.90 265.24
Capital reserve 1,642.01 1,690.28 1,882.39
Profit reserve 38.37 38.37 31.19
Backlog profit (239.91) 136.55 85.17
Total shareholders' equity 1,861.97 2,278.91 2,210.92
Liabilities and shareholders' equity 2,621.32 2,804.70 2,588.35

Non-Consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 572.16 519.95 416.70
Operating Income (355.85) 71.11 63.57
Ordinary Income (358.60) 70.43 68.80
Net Profit (355.35) 71.82 66.13

Non-Consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash Flows from operating activities (10.33) (29.93) (14.61)
Cash Flows from investment activities (14.53) (46.34) (46.13)
Cash Flows from financing activities 38.38 60.51 (32.55)
Gains (losses) from exchange-rate translation 1.41 (2.78) (3.41)
Increases (decreases) in cash and cash equivalents 14.94 (18.54) (96.68)
Cash and cash equivalent at the beginning of the term 44.51 63.04 159.73
Cash and cash equivalent at the term-end 59.44 44.51 63.04

Note
- Source : Financial statements published by the company
- Fiscal years ending on Dec.31