the Huarun power subordinate unit fails to open tender

in new network on 20 June, the Audit Commission website published 20 Huarun (Group) Limited company 2012 annual financial revenue and expenditure audit results. Audit findings, the accounting Huarun group, major economic decision-making and management exists nonstandard problems, some managers also suspected of serious violations of law and discipline. Among them, the Huarun power subordinate unit fails to open tender, but to invite public bidding, negotiation, goods and services to determine the project contractor, business, involving 586 projects, 11715000000 yuan.

The

audit report as follows:

Huarun (Group) Limited company 2012 annual financial revenue and expenditure audit results

According to the provisions of the Audit Law "

" of the people's Republic of China, the Audit Commission in 2013 to Huarun (Group) Co. Ltd. (hereinafter referred to as the Huarun group) 2012 annual financial revenue and expenditure audit, the key audit Huarun group headquarters and the China Resources Power Holdings Co, Efficient Finance Holding Ltd, Huarun Huarun Pharmaceutical Group Co., Ltd. and China Resources Cement Holdings Limited (hereinafter referred to as the Huarun power, Huarun financial Huarun, medicine, Huarun cement) and other 18 enterprises, and the related matters are the extension of the audit.

, the basic situation and the audit opinion

Huarun group was founded in 1983, the registered capital of 12237000000 yuan, wholly-owned and holding subsidiaries, 1522, mainly engaged in consumer goods (including retail and beer, food, Cheap Yankees Jerseys beverage, medicine, real estate), electric power, cement, gas, Cheap Giants Jerseys finance and business.

according to Huarun group consolidated financial statements reflect the end of 2012, the total assets of 730521000000 yuan, total liabilities 518105000000 yuan, owner's equity of 212416000000 yuan, year achieve operating income 329079000000 yuan, net profit of 23690000000 yuan, assets and liabilities rate of 70.92%, the rate of return on net assets 11.7%. PWC Zhongtian Union Alpha Cpa Ltd audit of the group's 2012 annual consolidated financial statements, the audit report and issued standard unqualified.

The results show that

audit audit, Huarun group to implement the national macro economic policy, the basic financial statements reflect the financial position and operating results. The audit also found that, Huarun group Cheap Rangers Jerseys accounting, major economic decision-making and management exists nonstandard problems, some managers also suspected of serious violations of law and discipline.

two, the main problems of the audit findings

(a) in accounting and financial management problems.

1.2012 years, the Huarun deep country voted for the trust company limited rent income, received Xianyang Huarun textile limited government subsidies are not in accordance with Cheap Angels Jerseys the regulations of income, Huarun Yibao food and beverage (Shenzhen) Co., Ltd. Southern China branch sales revenue before sales discount according to Cheap Expos Jerseys the regulations, resulting in less income 15000000 yuan, 127000000 yuan more.