【正文】 IAS support data P20 Import disclosure amp。 IAS supporting data file F1 Internal transaction data file T4 Internal Transaction P13 Export remaining internal transaction Elimination Entries Internal transaction amp。 IAS) All data listed in internal transaction reports, only different entity name ? Ine analysis report(IAS) Special deductions relating to exploration and production activities, Ine not subject to tax。PetroChina Requirements and design of FMIS modifications FMIS enhancement project December 1999 Contents 1. Business requirements 3 2. Gap analysis 10 3. Overall approach and design principles 13 4. Business process overview 15 5. Overview of system changes 18 6. New data files and associated processes 24 7. System processes for consolidation and reporting 29 Appendix A Report formats 32 2 System Design for FMIS Modification System Design for FMIS Modification 3 Business requirements Chapter 1 System Design for FMIS Modification 4 To be able to do an IPO, PetroChina need to be able to produce certain key financial reports To produce these reports, some changes to FMIS needs to be implemented. Business requirement overview The FMIS system need to be able to produce the following reports: ? Annual consolidation reports as required by China Finance Ministry based on the PRC GAAP for jointstock pany. ? Quarterly consolidation of reports of the overall ListCo based on the IAS is required for publicly listed panies. ? Disclosure items are also required by IAS and PRC GAAP for jointstock pany. ? Some other information is required to support annual auditing. All the above reports (except the audit information) will need to be produced along the new PetroChina organization structure as described in the following page. The above reporting requirements are detailed in the next pages. System Design for FMIS Modification 5 PetroChina Level 1 PetroChina Level 2 Specialized Co/Business Group Level 3 Segment Level 4 Type Eamp。 Expenses not deductible for tax purposes ? Movement of allowance for doubtful accounts Balance at beginning of period, Provision, Deductions, Balance at end of period ? Movements in allowance for diminution in value of inventories Balance at beginning of period。 elimination reports amp。 IAS support FILE FORMAT amp。 IAS supporting data files P4 Produce special disclosure items report P3 Enter special disclosure amp。 IAS supporting file export Changes to FMIS Transaction system is summarized in the following list: System Design for FMIS Modification 21 F3 Elimination data file Data flow diagram Reporting system New functionality Lower level Reports Ledger report files Aggregation P7 Elimination process Existing functionality Aggregated Reports Consolidated Ledger Report P16 Export /print consolidated ledger report T2 Elimination F2 Disclosure amp。 refinin g pla nt s co nstructi o nW ork i ng cap i t al loan Averag er at eR M BU S$YEN……? Aging report of accounts receivable ( PRC GAAP ) ? Longterm equity investment ( PRC GAAP ) Investee, stock type, share number of stock, share percentage, amount, remarks ? Longterm bond investment ( PRC GAAP ) Bond type, par value, rate, purchased amount, due date, interest of this year, accumulated interest, remarks ? Other nonequity longterm investment ( PRC GAAP ) Debtor, principal, rate, due date, interest ine of current period, accumulated interest, remarks ? Longterm loan ( PRC GAAP ) Loaner, amount, due date, rate, term (If foreign loan) Foreign currency amount, RMB amount by exchange rate of balance sheet date ? Bonds payable ( PRC GAAP ) Bond name, par value, issued date, issued amount, due date, interest expense of current year, accumulated interest ? Related party transactions ( PRC GAAP amp。P ... ... ... Level 5 Business Units ... ... Gas amp。 Provision。queries Analyze info and determine required elimination P5 Query, view, print P14 Export disclosures amp。 TABLE STRUCTURE F2/T1 Disclosures and IAS supporting data Userdefined num1(number) Userdefined num2 (number) Disclosure code … num6 Userdefined char1 (char.) Userdefined char2(char) …. char6 (char) Business entity code System Design for FMIS Modification 27 F3 Elimination data file and associated processes P6 This function lets users enter elimination entries to the elimination table. The entries will be checked and posted if approved. If the entries are not approved, user can modify it prior to posting. P8 The elimination entries will be used in consolidation at the various levels (See 7. System processes for consolidation and reporting). To allow elimination at higher levels, F3 file will be exported and sent up to higher level without any aggregation. Note: the business entity code in this table refers to the business entity which create the elimination entry. Elimination entries are input and rolled up in consolidation in different level. REPORTING SYSTEM T2 Elimination Elimination Entries Internal transaction reports amp。 IAS supporting data files P9 Query IAS adjustment data IAS adjustment info reports TRANSACTION SYSTEM T1 Special disclosure items F2 Disclosure amp。 IAS supporting data entry P4 Special disclosure items amp。 liabilities ( foreign currency item) ? Historical value ( calculated by exchange rate of occurring date ), reevaluated value of longterm loan( foreign currency), longterm deposit( foreign currency), other longterm moary assets or liabilities. System Design for FMIS Modification 8 IAS and PRC GAAP requires the following items for disclosure purpose: Business requirem