Haier 2009 Annual Report Download - page 65
Download and view the complete annual report
Please find page 65 of the 2009 Haier annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
 |
 |
31 December 2009
NOTES TO FINANCIAL STATEMENTS 財務報表附註
海爾電器集團有限公司 63
1. Corporate Information
Haier Electronics Group Co., Ltd. is a limited liability company
incorporated in Bermuda. The registered office of the Company
is located at Clarendon House, 2 Church Street, Hamilton HM11,
Bermuda.
During the year, the Group was involved in the following principal
activities:
• manufacture and sale of washing machines
• manufacture and sale of water heaters
In the opinion of the directors, Haier Group Corporation (“Haier
Corp”) and Qingdao Haier Investment and Development Co., Ltd.
(“Haier Investment”) (collectively referred to as “Haier Group”) are
controlling shareholders of the Company. Haier Corp and Haier
Investment are registered in the People’s Republic of China (the
“PRC”).
2.1 Basis of Preparation
The presentation currency of the Company was Hong Kong dollar
for the purpose of preparing its consolidated financial statements.
Starting from 19 August 2009, the directors have determined to
change the presentation currency as most of the Group’s revenue is
derived from customers based in Mainland China and the directors
consider that Renminbi (“RMB”) is more meaningful in presenting
the operating results and financial position of the Company and
its subsidiaries (collectively referred to as the “Group”). These
financial statements are presented in RMB and all values are rounded
to the nearest thousand except when otherwise indicated. The
comparative figures for 2008 have been restated for the change
in presentation currency accordingly.
The change in the presentation currency and the retranslation of
the comparative amounts from Hong Kong dollars to RMB has had
no material impact on the Group’s annual consolidated financial
statements for the year presented.
1.
Clarendon
House, 2 Church Street, Hamilton HM11,
Bermuda
•
•
2.1