【正文】 開(kāi)發(fā)成本28,292,884431,144,954402,852,070存貨總值3,488,098,3332,655,570,294832,528,039減：存貨跌價(jià)準(zhǔn)備5,416,20217,952,31712,536,115存貨凈值3,482,682,1312,637,617,977845,064,154(1)根據(jù)上表可知，如果按存貨資產(chǎn)總值計(jì)算，本年度存貨增加了832,528,039元，增長(zhǎng)比率為31%，表明存貨實(shí)物量的絕對(duì)增加。(1)由于其非流動(dòng)資產(chǎn)只有一小部分需要由非流動(dòng)負(fù)債來(lái)滿(mǎn)足，剩余部分可以由所有者權(quán)益來(lái)滿(mǎn)足。各項(xiàng)流動(dòng)資產(chǎn)的變動(dòng)幅度都不大，綜合而言，說(shuō)明該公司的資產(chǎn)結(jié)構(gòu)相對(duì)比較穩(wěn)定。根據(jù)這樣的資產(chǎn)結(jié)構(gòu)，可以認(rèn)為紫金礦業(yè)資產(chǎn)的流動(dòng)性弱，資產(chǎn)風(fēng)險(xiǎn)較大，但這也符合礦業(yè)行業(yè)的特點(diǎn)。1．2 資產(chǎn)負(fù)債表垂直分析資產(chǎn)負(fù)債表垂直分析表 金額單位：人民幣元項(xiàng)目2010年2009年2010年(%)2009年(%)變動(dòng)情況(%)流動(dòng)資產(chǎn)：貨幣資金4,651,209,6004,139,956,374交易性金融資產(chǎn)388,384,383144,200,652應(yīng)收票據(jù)326,625,938144,666,432應(yīng)收賬款669,093,678427,832,390預(yù)付賬款631,892,986349,030,549其他應(yīng)收款792,011,714424,685,281存貨3,482,682,1312,637,617,977其他流動(dòng)資產(chǎn)118,665,426693,181,095流動(dòng)資產(chǎn)合計(jì)11,060,565,8568,961,170,750非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)2,058,973,823383,855,385長(zhǎng)期股權(quán)投資2,673,804,2721,688,066,879投資性房地產(chǎn)53,100,35855,145,332固定資產(chǎn)8,444,568,2587,340,321,073在建工程3,999,386,2212,574,841,583工程物資113,160,383135,851,038無(wú)形資產(chǎn)5,292,918,6775,176,998,972商譽(yù)383,299,356437,396,940長(zhǎng)期待攤費(fèi)用752,546,244580,381,301遞延所得稅資產(chǎn)193,970,96688,101,492其他非流動(dòng)資產(chǎn)3,374,938,3922,224,007,556非流動(dòng)資產(chǎn)合計(jì)27,340,666,95020,684,967,551資產(chǎn)總計(jì)38,401,232,80629,646,138,301流動(dòng)負(fù)債:短期借款4,496,151,7013,340,654,748交易性金融負(fù)債2,321,910—應(yīng)付賬款1,024,790,051978,186,421預(yù)收賬款430,106,172310,275,422應(yīng)付職工薪酬237,155,968221,166,784應(yīng)交稅費(fèi)1,030,360,245564,363,895應(yīng)付股利29,070,36947,681,818其他應(yīng)付款1,734,015,8641,102,579,579一年內(nèi)到期的非流動(dòng)負(fù)債652,448,993338,305,312其他流動(dòng)負(fù)債—265,000,000流動(dòng)負(fù)債合計(jì)9,636,421,2737,168,213,979非流動(dòng)負(fù)債:長(zhǎng)期借款2,303,074,858407,410,000長(zhǎng)期應(yīng)付款157,147,490272,480,101遞延所得稅負(fù)債219,426,202143,889,722其他非流動(dòng)負(fù)債56,492,15340,679,515非流動(dòng)負(fù)債合計(jì)2,736,140,703864,459,338負(fù)債合計(jì)12,372,561,9768,032,673,317股東權(quán)益:股本1,454,130,9101,454,130,910資本公積9,377,131,1189,049,520,390專(zhuān)項(xiàng)儲(chǔ)備56,500,68271,752,895盈余公積999,800,342999,800,342未分配利潤(rùn)10,065,314,9206,691,529,106外幣報(bào)表折算差額(121,307,424)(96,553,522)歸屬于母公司股東權(quán)益合計(jì)2,183,157,04818,170,180,121少數(shù)股東權(quán)益4,197,100,2823,443,284,863股東權(quán)益合計(jì)26,028,670,83021,613,464,984負(fù)債和股東權(quán)益合計(jì)38,401,232,80629,646,138,301 資產(chǎn)結(jié)構(gòu)的分析評(píng)價(jià)結(jié)合上表，可以從以下兩個(gè)方面對(duì)企業(yè)的資產(chǎn)結(jié)構(gòu)進(jìn)行分析評(píng)價(jià)：(1)從靜態(tài)方面分析。 資產(chǎn)負(fù)債表變動(dòng)原因分析資產(chǎn)負(fù)債表變動(dòng)原因表 金額單位：人民幣元資產(chǎn)期末余額期初余額負(fù)債和所有者權(quán)益期末余額期初余額固定資產(chǎn)8,444,568,2587,340,321,073負(fù)債12,372,561,9768,032,673,317……股本1,454,130,9101,454,130,910盈余公積999,800,342999,800,342資本公積9,377,131,1189,049,520,390未分配利潤(rùn)10,065,314,9206,691,529,106資產(chǎn)總計(jì)38,401,232,80629,646,138,301負(fù)債和所有者權(quán)益總計(jì)38,401,232,80629,646,138,301從上表可以看出，本期總資產(chǎn)增加了8,755,094,505元，是由于負(fù)債、資本公積和未分配利潤(rùn)共同變動(dòng)的影響所導(dǎo)致的。長(zhǎng)期借款的增加可能是由于公司擴(kuò)大生產(chǎn)規(guī)模，大量增加在建工程所致，是企業(yè)正常經(jīng)常所致，當(dāng)然公司應(yīng)當(dāng)注意利息的支付和借款的償還期限。應(yīng)交稅費(fèi)基本增加了465,996,350元，%，可能使企業(yè)面臨較大的財(cái)務(wù)風(fēng)險(xiǎn)。主要由于紫金礦業(yè)公司為應(yīng)付生產(chǎn)經(jīng)營(yíng)資金需求而新增短期融資所致。(2)負(fù)債的增長(zhǎng)主要體現(xiàn)在短期借款的增長(zhǎng)上。貨幣資金的增長(zhǎng)對(duì)提高企業(yè)的償債能力、滿(mǎn)足資金流動(dòng)性需要都是有利的。主要是冶煉加工原材料成本上漲，產(chǎn)能擴(kuò)大導(dǎo)致產(chǎn)成品增加以及新增建造合同形成的資產(chǎn)增加。從在建工程和固定資產(chǎn)的較大幅度增長(zhǎng)，可以看出紫金礦業(yè)公司本期主要增加對(duì)在建工程和固定資產(chǎn)的投資。在建工程本期增長(zhǎng)了1,424,544,638元，%，%。其增長(zhǎng)主要體現(xiàn)以下在四個(gè)方面：一是可供出售金融資產(chǎn)的大幅度增長(zhǎng)。第一篇 財(cái)務(wù)報(bào)告分析資產(chǎn)負(fù)債表1．1 資產(chǎn)負(fù)債表水平分析 資產(chǎn)負(fù)債表水平分析表 金額單位：人民幣元項(xiàng)目2010年2009年變動(dòng)情況對(duì)總資產(chǎn)的影響(%)變動(dòng)額變動(dòng)率(%)流動(dòng)資產(chǎn)貨幣資金4,651,209,6004,139,956,374511,253,226交易性金融資產(chǎn)388,384,383144,200,652244,183,731應(yīng)收票據(jù)326,625,938144,666,432181,959,506應(yīng)收賬款669,093,678427,832,390241,261,288預(yù)付賬款631,892,986349,030,549282,862,437其他應(yīng)收款792,011,714424,685,281367,326,433存貨3,482,682,1312,637,617,977845,064,154其他流動(dòng)資產(chǎn)118,665,426693,181,095574,515,669()()流動(dòng)資產(chǎn)合計(jì)11,060,565,8568,961,170,7502,099,395,106非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)2,058,973,823383,855,3851,675,118,438長(zhǎng)期股權(quán)投資2,673,804,2721,688,066,879985,737,393投資性房地產(chǎn)53,100,35855,145,3322,044,974()()固定資產(chǎn)8,444,568,2587,340,321,0731,104,247,185在建工程3,999,386,2212,574,841,5831,424,544,638工程物資113,160,383135,851,03822,690,655()()無(wú)形資產(chǎn)5,292,918,6775,176,998,972115,919,705商譽(yù)383,299,356437,396,94054,097,584()()長(zhǎng)期待攤費(fèi)用752,546,244580,381,301172,164,943遞延所得稅資產(chǎn)193,970,96688,101,492105,869,474其他非流動(dòng)資產(chǎn)3,374,938,3922,224,007,5561,150,930,836非流動(dòng)資產(chǎn)合計(jì)27,340,666,95020,684,967,5516,655,699,399資產(chǎn)總計(jì)38,401,232,80629,646,138,3018,755,094,505流動(dòng)負(fù)債:短期借款4,496,151,7013,340,654,7481,155,496,953交易性金融負(fù)債2,321,910—2,321,9100應(yīng)付賬款1,024,790,051978,186,42146,603,630預(yù)收賬款430,106,172310,275,422119,830,750應(yīng)付職工薪酬237,155,968221,166,78415,989,184應(yīng)交稅費(fèi)1,030,360,245564,363,895465,996,350應(yīng)付股利29,070,36947,681,81818,611,449()()其他應(yīng)付款1,734,015,8641,102,579,579631,436,285一年內(nèi)到期的非流動(dòng)負(fù)債652,448,993338,305,312314,143,681其他流動(dòng)負(fù)債—265,000,000265,000,000()()流動(dòng)負(fù)債合計(jì)9,636,421,2737,168,213,9792,468,207,294非流動(dòng)負(fù)債:長(zhǎng)期借款2,303,074,858407,410,0001,895,664,858長(zhǎng)期應(yīng)付款157,147,490272,480,101115,332,611()()遞延所得稅負(fù)債219,426,202143,889,72275,536,480其他非流動(dòng)負(fù)債56,492,15340,679,51515,812,638非流動(dòng)負(fù)債合計(jì)2,736,140,703864,459,3381,871,681,365負(fù)債合計(jì)12,372,561,9768,032,673,3174,339,888,659股東權(quán)益：股本1,454,130,9101,454,130,910000資本公積9,377,131,1189,049,520,390327,610,728專(zhuān)項(xiàng)儲(chǔ)備56,500,68271,752,89515,252,213()()盈余公積999,800,342999,800,3420未分配利潤(rùn)10,065,314,9206,691,529,1063,373,785,814外幣報(bào)表折算差額(121,307,424)(96,553,