Half-yearly Report

CHINA CDM EXCHANGE CENTRE LIMITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2013 Statement of the Board China CDM Exchange Centre Limited ("the Company") presents its interim results for the six months ended 30 June 2013. In the first half of 2013, the Company earned revenue of approximately 1 Million US Dollars as a result of entering into CDM Consultancy Contracts. During the same time 20% of the Receivables (RMB¥68,121,055.03 as at Dec. 31, 2012) were recovered in cash. Our board, drawing on their industry experience set about developing new business in the renewable energy field. We are optimistic there will be some improvement to our financial position in the second half of 2013. ……………………… Chairman For and on behalf of the Board of China CDM Exchange Centre Limited Date: 27 September 2013 Enquiries: China CDM Exchange Centre Limited +86 010 87246056 Jeanne_0618@163.com PLUS Advisor: 020 7251 3762 Alfred Henry Corporate Finance Ltd www.alfredhenry.com Jon Isaacs/Nick Michaels The Directors accept responsibility for this announcement. CHINA CDM EXCHANGE CENTRE LIMITED INCOME STATEMENTS Notes 1/1/2013-6/30/2013 1/1/2012-12/31/2012 RMB GBP RMB GBP Revenue 3 6,234,200.00 638,292.21 8,199,070.00 825,154.99 Cost of sales (3,911,945.20) (400,526.79) (7,629,593.00) (767,842.78) Gross profit 2,322,254.80 237,765.41 569,477.00 57,312.21 Selling expense Administration (1,111,788.43) (113,831.11) (1,581,472.35) (159,159.49) expenses Profit from 4 1,210,466.37 123,934.31 (1,011,995.35) (101,847.28) operations Foreign exchange (153,854.08) (15,752.44) (329,441.85) (33,155.05) gains Profit before 1,056,612.29 108,181.87 (1,341,437.20) (135,002.33) income tax The accompanying notes form an integral part of these financial statements. Average exchange rate:(2013.1-6)RMB/GBP:9.7670; (2012)RMB/GBP:9.9364; CHINA CDM EXCHANGE CENTRE LIMITED BALANCE SHEETS Note 6/30/2013 12/31/2012 RMB GBP RMB GBP Non-current assets Property Plant and 5 40,442.26 4,292.64 99,541.99 9,796.38 Equipment Long term investment 6 372,042,500.00 39,489,507.82 372,042,500.00 36,614,392.14 Intangible assets 7 99,220,000.16 10,531,455.34 108,240,000.14 10,652,390.01 Total non-current assets 471,302,942.42 50,025,255.79 480,382,048.13 47,276,578.53 Current Assets Trade receivable 8 54,496,844.02 5,784,429.33 68,121,055.03 6,704,102.41 Other receivables Cash and cash 9 22,065,870.94 2,342,125.92 2,361,314.01 232,387.64 equivalents Financial assets at fair value through profit or loss Total current assets 76,562,714.96 8,126,555.25 70,482,369.04 6,936,490.05 Total assets 547,865,657.38 58,151,811.04 550,864,411.17 54,213,068.58 Current Liabilities Other payables 4,964,633.90 526,958.48 Total current 4,964,633.90 526,958.48 liabilities Capital and Reserves Share capital 10 221,999,000.00 15,020,515.41 221,999,000.00 15,020,515.41 Capital surplus 100,284,345.72 10,341,792.74 109,304,345.70 10,761,985.30 Public product of 49,336,357.17 3,383,675.49 49,336,357.17 3,383,675.49 surplus Undistributed profit 171,281,320.59 15,616,584.00 170,224,708.30 15,508,402.13 Foreign currency 13,262,284.93 9,538,490.26 translation difference Total shareholder's 542,901,023.48 57,624,852.57 550,864,411.17 54,213,068.58 equity Total liabilities and 547,865,657.38 58,151,811.04 550,864,411.17 54,213,068.58 shareholder's equity The accompanying notes form an integral part of these financial statements. Exchange rate:(30 Jun., 2013)RMB/GBP:9.4213; (31 Dec., 2012) RMB/GBP: 10.1611 CHINA CDM EXCHANGE CENTRE LIMITED CASHFLOW STATEMENTS Note 1/1/2013-6/30/2013 1/1/2012-12/31/2012 RMB GBP RMB GBP Cashflows from operating activities Cashflows from operating 11 19,858,411.01 2,033,214.97 (889,912.63) (89,560.87) operations: Net cash generated from operating activities Cashflows from investing activities Cash payment for investment Other investment Net cash used in investing activities Cashflows from financing activities Proceeds from issuance of ordinary shares Net cash used in financing activities Gains on foreign (153,854.08) -15,752.44 (329,441.85) (33,155.05) transactions Net (decrease)/increase 19,704,556.93 2,017,462.53 (1,219,354.08) (122,715.92) in cash and bank balance Cash and bank balance at 2,361,314.01 241,764.51 3,580,668.49 360,358.73 the beginning of year Cash and bank balance at 22,065,870.94 2,259,227.04 2,361,314.01 237,642.81 the end of year The accompanying notes form an integral part of these financial statements. Average exchange rate:(2013.1-6)RMB/GBP:9.7670; (2012)RMB/GBP:9.9364; Details of the adjusted earnings per share are set out below: 2013.1-6 2012 2011 2010 Basic EPS (GBP) 0.001 -0.001 -0.009 0.05 Earnings attributable to 108,181.87 (135,002.33) (1,044,997.50) 5,868,205.90 ordinary shareholders (GBP) Weighted average number of 117,000,000 117,000,000 117,000,000 117,000,000 shares
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