6-kAnnouncement

1934 ACT FILE NO. 001-15264


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________

FORM 6-K
___________________

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of October 2012
___________________

Aluminum Corporation of China Limited
(Translation of Registrant's name into English)
___________________

No. 62 North Xizhimen Street
Haidian District, Beijing
People's Republic of China 100082

(Address of principal executive offices)
___________________

         Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F      X       Form 40-F               

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(1): __________

         Indicate by check mark if the registrant is submitting the Form 6-K in papers as permitted by Regulation S-T Rule 101(b)(7): __________

         Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes                No      X      

         If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-              


SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Aluminum Corporation of China Limited         
                (Registrant)

 

Date  October 30, 2012       

 

By                 /s/    Liu Qiang                     
Name: Liu Qiang
Title: Company Secretary


Certain statements contained in this announcement may be regarded as "forward-looking statements" within the meaning of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company's views as of the date of this announcement. While the Company anticipates that subsequent events and developments may cause the Company's views to change, the Company specifically disclaims any obligation to update these forward-looking statements, unless required by applicable laws. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this announcement.

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.


logo
logo
Aluminum Corporation of China Limited*
(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 2600)

OVERSEAS REGULATORY ANNOUNCEMENT
2012 THIRD QUARTERLY REPORT

I.

IMPORTANT NOTICE

   
 

(I)

The board of directors (the "Board"), the supervisory committee, the directors (the "Directors"), supervisors and senior management of Aluminum Corporation of China Limited* (the "Company") guarantee that this report contains no false representation, misleading statement or material omission. All of them jointly and severally accept responsibility for the truthfulness, accuracy and completeness of the contents of this report.

     
 

(II)

All the Directors attended the Board meeting.

     
 

(III)

This third quarterly financial report of the Company has not been audited.

     
 

(IV)

Name of Person-in-charge of the Company

Xiong Weiping

       
   

Name of Person-in-charge of Accounting

Liu Caiming

       
   

Name of Head of the Accounting Department

Lu Dongliang

       
   

Xiong Weiping, Person-in-charge of the Company, Liu Caiming, Person-in-charge of Accounting, and Lu Dongliang, Head of the Accounting Department warrant the truthfulness and completeness of the financial statements in this quarterly report.

     

II.

COMPANY PROFILE

   
 

(I)

Principal accounting data and financial indicators

     
   

Currency: RMB

     
     

The end of the

The end of the

Change from the end of

     

reporting period

previous year

the previous year

         

(%)

           
   

Total assets (Thousand RMB)

180,289,443.00

157,134,157.00

14.74

   

Owner's equity (or shareholders'

     
   

   equity) (Thousand RMB)

47,631,162.00

51,853,354.00

-8.14

   

Net assets per share attributable to

     
   

   shareholders of the Company

     
   

   (RMB per share)

3.52

3.83

-8.09

           
     

From the beginning

 
     

of the year to

 
     

the end of

Change

     

the reporting

from the

     

period (January

same period

     

to September)

last year

       

(%)

         
   

Net cash flow from operating

   
   

   activities (Thousand RMB)

-795,430.00

N/A

   

Net cash flow per share generated

   
   

   from operating activities

   
   

   (RMB per share)

-0.06

N/A

         
       

From the beginning

 
       

of the year to

 
       

the end of

Change

     

The reporting

the reporting

from the

     

period (July

period (January

same period

     

to September)

to September)

last year

         

(%)

           
   

Net profit attributable to shareholders

     
   

   of the Company (Thousand RMB)

-1,082,216.00

-4,335,471.00

N/A

   

Basic earnings per share

     
   

   (RMB per share)

-0.08

-0.32

N/A

   

Basic profit per share after

     
   

   extraordinary gains and losses

     
   

   (RMB per share)

-0.09

-0.34

N/A

   

Diluted earnings per share

     
   

   (RMB per share)

-0.08

-0.32

N/A

   

Return on net assets

     
   

   (weighted average) (%)

-2.25

-8.72

N/A

   

Return on net assets after

     
   

   extraordinary gains and losses

     
   

   (weighted average) (%)

-2.66

-9.10

N/A

           
   

Deducting the gains and losses arising from extraordinary items and amount:

     
   

Unit: '000   Currency: RMB

     
     

Amount from

     

the beginning

     

of the year

     

to the end of

     

the reporting

     

period (January

   

Items

to September)

       
   

Gains and losses from disposal of non-current assets

-4,493

   

Government subsidies included in the gains and losses

 
   

   for the period (excluding government subsidies closely

 
   

   related to the ordinary business of the Company and

 
   

   are granted on an ongoing basis under the state's policies

 
   

   according to certain standard amount or quantity)

337,113

   

Except for the hedging business that is related to the ordinary

 
   

   business of the Company, the fair value gains or losses

 
   

   arising from held-for-trading financial assets and liabilities

 
   

   and investment income from disposing held-for-trading

 
   

   financial assets and liabilities and available-for-sale

 
   

   financial assets

-69,699

   

Written back of the provision for impairment of accounts

 
   

   receivable that is individually tested for impairment

-1,022

   

Other non-operating income and expenses

 
   

   other than above items

2,941

   

Income tax effect

-57,360

   

Minority interests effect (after tax)

-16,825

     


       
   

Total

190,655

     


       
 

(II)

Total number of shareholders and the top ten shareholders not subject to trading moratorium as at the end of the reporting period

     
   

Unit: Share

     
   

Total number of shareholders as at the end of the reporting period

531,574

       
   

The top ten shareholders of tradable shares not subject to trading moratorium

     
     

Number of

   
     

tradable shares

   
     

not subject

   
     

to trading

   
     

moratorium held

   
     

as at the end

   
   

Name of shareholders (in full)

of the period

 

Class

           
   

Aluminum Corporation of China

5,214,407,195

 

RMB denominated

         

   ordinary shares

   

HKSCC Nominees Limited

3,923,967,945

 

Overseas listed

         

   foreign shares

   

China Cinda Assets Management Corporation

800,759,074

 

RMB denominated

         

   ordinary shares

   

China Construction Bank Corporation Limited

613,109,054

 

RMB denominated

         

   ordinary shares

   

Guokai Financial Limited Company

415,168,145

 

RMB denominated

         

   ordinary shares

   

Baotou Aluminum (Group) Co., Ltd.

340,567,795

 

RMB denominated

         

   ordinary shares

   

Lanzhou Aluminum Factory

79,472,482

 

RMB denominated

         

   ordinary shares

   

Guizhou Provincial Materials Development

66,549,065

 

RMB denominated

   

   and Investment Corporation

   

   ordinary shares

   

Guangxi Investment Group Co., Ltd.

41,372,956

 

RMB denominated

         

   ordinary shares

   

ICBC - Shanghai 50 ETF Index

25,836,089

 

RMB denominated

   

   Securities Investment Fund

   

   ordinary shares

           

III.

SIGNIFICANT EVENTS

   
 

(I)

Material changes in major accounting items and financial indicators and the reasons thereof

     
   

Applicable

Not Applicable

       
   

1.

Held-for-trading financial assets increased by 968%, mainly attributable to the increase in floating gains from outstanding futures contracts of the Group as at the end of the period.

       
   

2.

Accounts receivable increased by 116%, mainly attributable to the increased receivables as a result of the increased trade volume of the Group.

       
   

3.

Prepayments increased by 83%, mainly attributable to the increase in prepayments for procurement by the Group with a view to securing a stable market supply and expanding its business.

       
   

4.

Other receivables increased by 68%, mainly attributable to the futures margin receivable of the Group.

       
   

5.

Long-term equity investments increased by 251%, mainly due to the investment in associates of the Group's Simandou Project.

       
   

6.

The long-term deferred expenditures increased by 61%, mainly due to the increase in the Group's expenditures of mine exploitation.

       
   

7.

Deferred income tax assets increased by 74%, mainly due to the increase in deferred tax assets resulted from the recognition of losses of the Group during the period.

       
   

8.

Other non-current assets increased by 265%, mainly due to the increased investment to Simfer Jersey Limited in the Simandou Project of the Group.

       
   

9.

Short-term borrowings increased by 44%, mainly attributable to the fact that the Group increased the external financing thorough short-term borrowing.

       
   

10.

Held-for-trading financial liabilities increased by 243%, mainly attributable to the floating loss from outstanding futures contracts of the Group as at the end of the period.

       
   

11.

Payment received in advance increased by 60%, mainly due to the increase in the products' settlement fees that the Group received in advance.

       
   

12.

Interests payable increased by 46%, mainly attributable to the increase in the size of interest-bearing debts of the Company.

       
   

13.

Other current liabilities increased by 39%, mainly attributable to the fact that the Group increased the financing through short-term bonds.

       
   

14.

Special payables decreased by 70%, mainly attributable to special payables being carried forward to capital reserves upon completion of certain projects of the Group.

       
   

15.

Special reserve (production safety fees) increased by 40%, mainly attributable to the increase in the provisions made for production safety fees by the Group.

       
   

16.

Minority interests increased by 60%, mainly due to the proceeds received by Chalco Iron Ore Holdings Limited (), a subsidiary of the Group, from minority shareholders' investments.

       
   

17.

Financial expenses increased by 49%, mainly attributable to the increase in the size of interest-bearing liabilities of the Group as compared with the same period last year.

       
   

18.

Loss on asset impairment increased by 35%, mainly due to the increase in the provision for inventory impairment made by the Group.

       
   

19.

Gains from changes in fair value decreased by 56%, mainly attributable to the decrease in gains on fair value changes arising from futures contracts held by the Group.

       
   

20.

Investment income decreased by 86%, mainly attributable to the decrease in the profit from associated companies and joint ventures of the Group as compared with the same period last year.

       
   

21.

Non-operating income increased by 402%, mainly attributable to the increase in the government subsidies in relation to profit and loss received by the Group.

       
   

22.

Non-operating expenses increased by 87%, mainly attributable to loss on the fixed assets retirement of the Group.

       
   

23.

Income tax expenses decreased by 381%, mainly attributable to the increase in deferred tax assets resulted from the recognition of losses of the Group in the period.

       
   

24.

Net profit decreased by 411%, mainly attributable to the fact that the price of aluminum continued to linger at low levels while the prices of raw materials stayed high. However, the third quarterly results of the Group had improved as compared with the first half of this year, with a decrease in loss of 36% on the same basis.

       
   

25.

As compared with the first half of the year, the Group's profit margin experienced an upward trend in the third quarter, representing an increase of 133%, mainly attributable to a decrease in product cost ranging from 3.9% to 4.3%; net cash flow from operating activities was a net inflow of RMB1.020 billion, representing an increase of net inflow of RMB2.835 billion from the net outflow of RMB1.815 billion in the first half of the year. At the end of September, the debt to asset ratio was 67.99%, representing a decrease of 1.55 percentage points from the end of June. The average financing cost at the end of September decreased by 0.6 percentage point as compared with that of the end of June.

       
 

(II)

Progress of significant events and effects thereof and analysis on solutions

     
   

Applicable

Not Applicable

       
   

Non-public Offering of A shares

     
   

On 8 March 2012, the 23rd meeting of the fourth session of the Board resolved to terminate the non-public issue plan for the issuance of not more than 1 billion A shares which had been approved by China Securities Regulatory Commission (the "CSRC" ) on 20 September 2011 and at the same time proposed to issue not more than 1.25 billion RMB denominated ordinary shares in the PRC to qualified legal persons, natural persons, or other legally qualified investors. On 5 April 2012, the Company received from the State-owned Assets Supervision and Administration Commission of the State Council (the "SASAC") the approval for such plan. At the 2012 First Extraordinary General Meeting, 2012 First Class Meeting for Holders of A Shares and 2012 First Class Meeting for Holders of H Shares held on 4 May 2012, the shareholders approved the non-public issue plan and related matters. On 24 August 2012, at the 29th meeting of the fourth session of the Board, the Board resolved to adjust the plan of non-public A shares issue on 8 March 2012, by proposing to issue not more than 1.45 billion RMB denominated ordinary shares in the PRC to qualified legal persons, natural persons, or other legally qualified investors. On 12 October 2012, the Company received from the SASAC the approval for such plan. At the 2012 Second Extraordinary General Meeting, 2012 Second Class Meeting for Holders of A Shares and 2012 Second Class Meeting for Holders of H Shares held on 12 October 2012, the shareholders also approved such plan and related matters. The non-public issue will become effective upon the grant of approval by the CSRC.

     
   

For details of the non-public issue, please refer to the announcements of the Company dated 5 April 2012, 5 May 2012, 24 August 2012 and 12 October 2012.

     
 

(III)

Implementation of undertakings by the Company, its shareholders and de facto controller

     
   

Applicable

Not Applicable

       
   

1.

Aluminum Corporation of China ("Chinlaco") would arrange to dispose of its aluminum fabrication business, or the Company would acquire the aluminum fabrication business from Chinalco, and acquire the pseudo-boehmite business from Chinalco within a certain period of time following the listing of the Company's A shares. In 2008, the Company successfully bid for five aluminum fabrication enterprises under the control of Chinalco in an open tender process through the equity exchange. Since the market conditions for the pseudo-boehmite business are immature, Chinalco is not well-prepared to inject its pseudo-boehmite business to the Company for the time being. When conditions become mature, Chinalco will continue to duly fulfill the undertakings within the time limit.

       
   

2.

On 22 August 2011, the Company issued a letter of undertaking to resolve the horizontal competition with Jiaozuo Wanfang Aluminum Company Limited ("Jiaozuo Wanfang") in the aluminum business, pursuant to which it undertook to use its best endeavors to eliminate the competition in aluminum business with Jiaozuo Wanfang by proper means within five years.

       
 

(IV)

Warning on any potential loss in accumulated net profit for the period from the beginning of the year to the end of the next reporting period or any material change from the corresponding period of last year and the reason thereof

     
   

Applicable

Not Applicable

       
   

Since the beginning of the year, the Company strengthened its efforts in restructuring and conducted strategic transformation in a prudent manner. It also continued to optimize the capital structure so as to improve its profitability. The Company, based on operation transformation, improved the management and commenced the activities of costs reduction and efficiency enhancement. Great efforts were made in reducing capital appropriation and carrying out lean cash flow management. The Company managed to ensure stable production with technical index improved continuously. The Company also strengthened its efforts in mine construction and corresponding management, increased the supply capacity of self-mined bauxite as well as the proportion of coal from direct procurement. Endeavour was also made in marketing and increasing market share. In the third quarter, the costs of alumina and aluminum were in decline, and the results of the Company had improved as compared with the first half of this year.

     
   

In the fourth quarter, the Company will put more efforts in the abovementioned tasks and improve the competitiveness of the Company' products in the market. The conflicts between demand and supply of the major products of the Company will, nevertheless, intensify and the market in the fourth quarter will not see a substantial change. Besides, influenced by the change in Indonesia's export policy on bauxite supply, the Company lowered its production capacity by 1.7 million tonnes since the end of May. The Company is thus expected to record loss in accumulated net profit for the period from the beginning of the year to the end of the next reporting period.

     
   

Relevant details will be disclosed in the annual results report of the Company for 2012.

     
 

(V)

Implementation of cash dividend policy during the reporting period

     
    The terms for the distribution of cash dividend were prescribed in the Articles of Association of the Company: the Company should implement proactive methods of profit distribution and give priority to cash dividends.
     
    Pursuant to the requirement of the "Notice Regarding Further Implementation of Cash Dividends Distribution of Listed Companies" () issued by the CSRC, the Company amended relevant policies in the Articles of Association of the Company regarding profit distribution and cash dividends and formulated "Shareholders' Return Plan for the Three Years from 2012 to 2014 of Aluminum Corporation of China Limited*" ( ). The abovementioned two resolutions have already been approved at the 2012 Second Extraordinary General Meeting of the Company held on 12 October 2012.
     
    Please refer to the announcements of the Company dated 5 July 2012 and 12 October 2012 for further details.
     
     

Aluminum Corporation of China Limited*

     

Legal representative: Xiong Weiping

     

30 October 2012

       

4.

APPENDICES

   
 

4.1

Consolidated Balance Sheet

   

As at 30 September 2012

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
   

Items

Closing balance

Opening balance

         
   

Current assets:

   
   

   Cash and cash equivalents

11,372,028

11,644,741

   

   Settlement reserve

   
   

   Placements with banks and

   
   

      other financial institutions

   
   

   Held-for-trading financial assets

62,015

5,807

   

   Bills receivable

3,768,710

4,136,568

   

   Accounts receivable

3,223,395

1,495,197

   

   Prepayments

7,402,982

4,034,410

   

   Premiums receivable

   
   

   Receivables from reinsurers

   
   

   Deposits receivable from

   
   

      reinsurance agreements

   
   

   Interest receivable

23,046

0

   

   Dividends receivable

66,471

0

   

   Other receivables

2,004,078

1,192,335

   

   Purchases of resold financial assets

   
   

   Inventories

26,347,314

24,124,379

   

   Non-current assets due within one year

28,000

29,200

   

   Other current assets

3,941,501

3,307,071

     



         
   

Total current assets

58,239,540

49,969,708

     



         
   

Non-current assets:

   
   

   Entrusted loans and advances granted

   
   

   Financial assets available for sale

   
   

   Held-to-maturity investments

   
   

   Long-term receivables

   
   

   Long-term equity investments

14,017,434

3,994,693

   

   Investment properties

   
   

   Fixed assets

79,893,280

77,579,384

   

   Construction in progress

14,764,382

16,047,880

   

   Construction materials

168,251

148,109

   

   Disposals of fixed assets

   
   

   Biological assets for production

   
   

   Oil and gas assets

   
   

   Intangible assets

4,610,248

4,344,347

   

   Development expenses

   
   

   Goodwill

2,362,735

2,362,735

   

   Long-term deferred expenditures

530,740

330,081

   

   Deferred income tax assets

2,639,965

1,517,339

   

   Other non-current assets

3,062,868

839,881

   

   Total non-current assets

122,049,903

107,164,449

     



         
   

Total assets

180,289,443

157,134,157

     



         
   

Current liabilities:

   
   

   Short-term borrowings

46,617,880

32,322,794

   

   Borrowings from central bank

   
   

   Deposit taking and deposit

   
   

      in inter-bank market

   
   

   Placements from banks and

   
   

      other financial institutions

   
   

   Held-for-trading financial liabilities

7,833

2,280

   

   Bills payable

2,381,820

1,889,875

   

   Accounts payable

5,761,476

6,511,435

   

   Payments received in advance

1,826,067

1,138,393

   

   Disposal of repurchased financial assets

   
   

   Handling charges and commissions payable

   
   

   Staff remuneration payable

422,930

466,750

   

   Taxes payable

399,732

371,949

   

   Interest payable

531,745

363,995

   

   Dividends payable

105,114

89,717

   

   Other payables

4,437,508

4,756,993

   

   Reinsurance accounts payable

   
   

   Deposits for insurance contracts

   
   

   Agent brokerage fee

   
   

   Agent underwriting fee

   
   

   Non-current liabilities due within one year

4,984,646

4,193,854

   

   Other current liabilities

14,235,624

10,252,363

     



         
   

Total current liabilities

81,712,375

62,360,398

     



         
   

Non-current liabilities:

   
   

   Long-term borrowings

21,495,110

19,265,979

   

   Debentures payable

18,710,435

16,702,547

   

   Long-term payables

7,968

8,330

   

   Special payables

44,632

148,532

   

   Projected liabilities

   
   

   Deferred income tax liabilities

0

4,456

   

   Other non-current liabilities

610,942

489,229

   

   Total non-current liabilities

40,869,087

36,619,073

     



         
   

Total liabilities

122,581,462

98,979,471

     



         
   

Owner's equity (or shareholder's equity):

   
   

   Paid-up capital (or share capital)

13,524,488

13,524,488

   

   Capital reserve

13,898,847

13,792,505

   

   Less: Treasury stock

   
   

   Special reserve

127,281

90,780

   

   Surplus reserve

5,867,557

5,867,557

   

   General risk provision

   
   

   Retained profit

14,279,245

18,614,158

   

   Foreign currency translation differences

-66,256

-36,134

   

   Total owner's equity attributable to

   
   

      the parent company

47,631,162

51,853,354

   

   Minority interests

10,076,819

6,301,332

   

   Total owner's equity

57,707,981

58,154,686

     



         
   

Total liabilities and owner's equity

180,289,443

157,134,157

     



         
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         
   

Balance Sheet of the Parent Company

   

As at 30 September 2012

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
   

Items

Closing balance

Opening balance

         
   

Current assets:

   
   

   Cash and cash equivalents

6,602,729

4,081,999

   

   Held-for-trading financial assets

45,357

2,461

   

   Bills receivable

1,111,669

2,232,624

   

   Accounts receivable

1,995,109

1,495,393

   

   Prepayments

1,288,512

1,123,346

   

   Interest receivable

26,428

0

   

   Dividends receivable

217,287

127,374

   

   Other receivables

2,685,012

2,744,111

   

   Inventories

13,737,448

13,265,158

   

   Non-current assets due within one year

28,000

28,000

   

   Other current assets

5,144,570

1,050,000

     



         
   

Total current assets

32,882,121

26,150,466

     



         
   

Non-current assets:

   
   

   Financial assets available for sale

   
   

   Held-to-maturity investments

   
   

   Long-term receivables

   
   

   Long-term equity investments

20,361,356

18,061,063

   

   Investment properties

   
   

   Fixed assets

51,273,614

48,858,231

   

   Construction in progress

7,683,037

11,041,779

   

   Construction materials

69,530

80,759

   

   Disposal of fixed assets

   
   

   Biological assets for production

   
   

   Oil and gas assets

   
   

   Intangible assets

2,289,516

2,066,653

   

   Development expenses

   
   

   Goodwill

2,330,945

2,330,945

   

   Long-term deferred expenditures

324,809

197,528

   

   Deferred income tax assets

2,115,199

1,121,711

   

   Other non-current assets

622,431

450,430

   

   Total non-current assets

87,070,437

84,209,099

     



         
   

Total assets

119,952,558

110,359,565

     



         
   

Current liabilities:

   
   

   Short-term borrowings

20,320,000

14,960,000

   

   Held-for-trading financial liabilities

   
   

   Bills payable

   
   

   Accounts payable

2,631,726

2,815,546

   

   Payments received in advance

344,614

253,605

   

   Staff remuneration payables

255,411

302,977

   

   Taxes payable

208,932

179,563

   

   Interests payable

371,817

288,625

   

   Dividends payable

   
   

   Other payables

2,468,032

2,945,913

   

   Non-current liabilities due within one year

2,427,980

842,755

   

   Other current liabilities

14,233,838

10,250,577

     



         
   

Total current liabilities

43,262,350

32,839,561

     



         
   

Non-current liabilities:

   
   

   Long-term borrowings

10,534,277

10,051,501

   

   Debentures payable

17,913,490

15,906,853

   

   Long-term payables

0

8,330

   

   Special payables

35,630

139,530

   

   Projected liabilities

   
   

   Deferred income tax liabilities

   
   

   Other non-current liabilities

481,065

358,179

   

   Total non-current liabilities

28,964,462

26,464,393

     



         
   

Total liabilities

72,226,812

59,303,954

     



         
   

Owner's equity (or shareholder's equity):

   
   

   Paid-up capital (or share capital)

13,524,488

13,524,488

   

   Capital reserve

14,399,614

14,294,274

   

   Less: Treasury stock

   
   

   Special reserve

63,691

42,586

   

   Surplus reserve

5,867,557

5,867,557

   

   General risk provision

   
   

   Retained profit

13,870,396

17,326,706

     



         
   

Total owner's equity

   
   

   (or shareholder's equity)

47,725,746

51,055,611

     



         
   

Total liabilities and owners' equity

   
   

   (or shareholder's equity)

119,952,558

110,359,565

     



         
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         
 

4.2

Consolidated income statement

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
             

From the beginning

             

of the previous year

         

Amount for the

From the beginning

to the end of the

         

period of the

of the year to the

reporting period

       

Amount for the

previous year

end of the reporting

of the previous

       

period (July to

(July to

period (January to

year (January to

   

Items

 

September)

September)

September)

September)

               
   

1.

Total operating revenue

37,134,780

41,644,993

108,832,561

107,614,742

     

Including:

Operating revenue

37,134,780

41,644,993

108,832,561

107,614,742

       

Interest income

       
       

Premiums earned

       
       

Handling charges and

       
       

   commission income

       
                 
   

2.

Total cost of operations

38,772,273

41,203,774

114,865,998

106,805,555

     

Including:

Operating cost

36,297,574

39,095,618

107,277,504

100,808,145

       

Interest expenses

       
       

Handling charges and

       
       

   commission

       
       

   expenses

       
       

Returned premium

       
       

Net expenditure for

       
       

   compensation

       
       

   payments

       
       

Net provision for

       
       

   insurance deposits

       
       

Policyholder dividend

       
       

   expenses

       
       

Reinsurance costs

       
       

Business tax and

       
       

   surcharges

73,395

93,990

192,452

259,355

       

Selling expenses

525,409

405,353

1,482,294

1,166,860

       

Administrative

       
       

   expenses

681,290

692,166

1,921,457

1,860,285

       

Finance expenses

1,195,385

821,934

3,496,506

2,342,399

       

Loss on assets

       
       

   impairment

-780

94,713

495,785

368,511

     

Add:

Gains on fair value

       
       

   changes

       
       

   (loss stated with "-")

261,336

103,503

55,968

126,560

       

Investment income

       
       

   (loss stated with "-")

-43,170

424,419

112,420

823,269

     

Including:

Investment income

       
       

   from associated

       
       

   companies and joint

       
       

   ventures

32,600

116,649

188,510

447,540

       

Foreign currency

       
       

   exchange gains

       
       

   (loss stated with "-")

       
                 
   

3.

Operating profit

       
     

   (loss stated with "-")

-1,419,327

969,141

-5,865,049

1,759,016

     

Add:

Non-operating income

89,526

24,719

377,625

75,150

     

Less:

Non-operating

       
       

   expenses

18,336

13,221

42,064

22,517

     

Including:

Loss from disposal of

       
       

   non-current assets

7,827

1,523

12,860

3,192

                 
   

4.

Total profit

       
     

   (total loss stated with "-")

-1,348,137

980,639

-5,529,488

1,811,649

     

Less:

Income tax expenses

-255,056

221,340

-1,011,639

360,520

                 
   

5.

Net profit

       
     

   (net loss stated with "-")

-1,093,081

759,299

-4,517,849

1,451,129

     

Net profit attributable to owners

       
     

   of the parent company

-1,082,216

554,987

-4,335,471

967,567

     

Minority interests

-10,865

204,312

-182,378

483,562

               
   

6.

Earnings per share:

       
     

(i)

Basic earnings per share

-0.08

0.04

-0.32

0.07

     

(ii)

Diluted earnings per share

-0.08

0.04

-0.32

0.07

                 
   

7.

Other comprehensive income

-23,815

12,191

-30,121

-3,483

               
   

8.

Total comprehensive income

-1,116,896

781,859

-4,547,970

1,458,016

     

Total comprehensive income

       
     

   attributable to owners of

       
     

   the parent company

-1,106,031

593,222

-4,365,592

990,128

     

Total comprehensive income

       
     

   attributable to minority

       
     

   shareholders

-10,865

188,637

-182,378

467,888

               
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         
   

Income Statement of the Parent Company

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
             

From the beginning

             

of the previous year

         

Amount for the

From the beginning

to the end of the

         

period of the

of the year to the

reporting period

       

Amount for the

previous year

end of the reporting

of the previous

       

period (July to

(July to

period (January to

year (January to

   

Items

 

September)

September)

September)

September)

               
   

1.

Operating revenue

11,713,604

12,679,416

36,082,953

35,512,388

     

Less:

Operating costs

11,703,287

11,358,926

36,267,775

31,961,116

       

Business tax and

       
       

   surcharges

38,459

53,255

113,300

156,589

       

Selling expenses

279,244

253,972

826,351

691,564

       

Administrative

       
       

   expenses

398,046

419,970

1,112,205

1,132,358

       

Finance expenses

680,241

457,678

2,032,078

1,311,228

       

Loss on assets

       
       

   impairment

-52

-375

359,303

246,580

     

Add:

Gains on fair value

       
       

   changes

       
       

   (loss stated with "-")

160,318

64,119

42,896

69,174

       

Investment income

       
       

   (loss stated with "-")

-61,923

169,589

-21,435

357,527

     

Including:

Investment income

       
       

   from associated

       
       

   companies and

       
       

   joint ventures

-22,662

40,934

-1,194

197,171

                 
   

2.

Operating profit

       
     

   (loss stated with "-")

-1,287,226

369,698

-4,606,598

439,654

     

Add:

Non-operating income

40,880

18,154

189,573

35,633

     

Less:

Non-operating

       
       

   expenses

13,271

9,140

32,775

16,463

     

Including:

Loss from disposal

       
       

   of non-current assets

5,338

1,378

10,100

2,903

                 
   

3.

Total profit

       
     

   (total loss stated with "-")

-1,259,617

378,712

-4,449,800

458,824

     

Less:

Income tax expenses

-289,820

77,246

-993,487

45,595

                 
   

4.

Net profit

       
     

   (net loss stated with "-")

-969,797

301,466

-3,456,313

413,229

               
   

5.

Earnings per share:

       
     

(i)

Basic earnings per share

       
     

(ii)

Diluted earnings per share

       
                 
   

6.

Other comprehensive income

       
               
   

7.

Total comprehensive income

-969,797

301,466

-3,456,313

413,229

               
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         
 

4.3

Consolidated Cash Flow Statement

   

January to September 2012

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
         

From the beginning of

         

the previous year

       

From the beginning of

to the end

       

the year to the end of

of the reporting period

       

the reporting period

of the previous year

   

Items

 

(January to September)

(January to September)

           
   

1.

Cash flow from operating activities:

   
     

Cash received from product sales and

   
     

   rendering of services

134,859,613

129,321,813

     

Net increase in deposits from customers and

   
     

   placements from banks and

   
     

   other financial institutions

   
     

Net increase in borrowings from central bank

   
     

Net increase in placements from

   
     

   other financial institutions

   
     

Cash received from premiums of

   
     

   original insurance contracts

   
     

Net cash received from reinsurance business

   
     

Net increase in deposits from

   
     

   policyholders and investments

   
     

Net increase in disposal of

   
     

   held-for-trading financial assets

   
     

Cash received from interest,

   
     

   handling charges and commissions

   
     

Net increase in capital due to

   
     

   banks and other financial institutions

   
     

Net increase in repurchases

   
     

Refund of tax and levies received

26,391

308,603

     

Other cash received relating to

   
     

   operating activities

1,625,446

179,125

       



           
     

Sub-total of cash inflow from

   
     

   operating activities

136,511,450

129,809,541

     

Cash paid for purchase of goods and

   
     

   receipt of services

127,172,878

115,999,906

     

Net increase in loans and advances to customers

   
     

Net increase in placements with

   
     

   central bank and other financial institutions

   
     

Cash paid for claims on

   
     

   original insurance contracts

   
     

Cash payment for interest,

   
     

   handling charges and commissions

   
     

Cash payment for policyholder dividend

   
     

Cash paid to and on behalf of employees

4,996,670

4,593,760

     

Taxes and surcharges paid

2,600,279

3,059,520

     

Other cash paid relating to operating activities

2,537,053

2,515,762

     

Sub-total of cash outflow from

   
     

   operating activities

137,306,880

126,168,948

       



           
     

Net cash flow from operating activities

-795,430

3,640,593

       



           
   

2.

Cash flows from investment activities:

   
     

Cash received from disposal of investments

   
     

Cash received from returns on investments

119,240

125,499

     

Net cash received from disposal of fixed assets,

   
     

   intangible assets and other long-term assets

72,921

63,019

     

Net cash received from disposal of subsidiaries

   
     

   and other operating entities

   
     

Other cash received relating to

   
     

   investment activities

87,523

484,549

     

Sub-total of cash inflow from

   
     

   investment activities

279,684

673,067

     

Cash paid to acquire fixed assets,

   
     

   intangible assets and other long-term assets

6,416,197

6,931,045

     

Cash paid for investment

12,971,790

1,149,562

     

Net increase in pledged loans

   
     

Net cash paid for acquisition of

   
     

   subsidiaries and other operating entities

   
     

Other cash paid relating to investment activities

786,886

148,192

     

Sub-total of cash outflow from

   
     

   investment activities

20,174,873

8,228,799

       



           
     

Net cash flows from investment activities

-19,895,189

-7,555,732

       



           
   

3.

Cash flow from financing activities:

   
     

Proceeds received from investments

5,300

0

     

Including:

Proceeds received by

   
       

   subsidiaries from minority

   
       

   shareholders' investment

   
     

Cash received from borrowings

70,223,411

39,930,128

     

Cash received from issue of debentures

11,000,000

15,747,500

     

Other cash received relating to

   
     

   financing activities

   
     

Sub-total of cash inflow from

   
     

   financing activities

81,228,711

55,677,628

     

Cash paid for repayment

56,135,849

47,503,128

     

Cash paid for dividend and

   
     

   profit distribution or interest repayment

3,938,323

3,301,755

     

Including:

Dividend and profit paid by

   
       

   subsidiaries to

   
       

   minority shareholders

0

46,160

     

Other cash paid relating to financing activities

3,777,878

0

     

Sub-total of cash outflow from

   
     

   financing activities

63,852,050

50,804,883

       



           
     

Net cash flows from financing activities

17,376,661

4,872,745

       



           
   

4.

Effect on cash and cash equivalents due to

   
     

   change in foreign currency exchange rate

-54,921

0

           
   

5.

Net increase in cash and cash equivalents

-3,368,879

957,606

     

Add:

Balance of cash and

   
       

   cash equivalents at the beginning

   
       

   of the period

10,591,306

8,982,710

           
   

6.

Balance of cash and cash equivalents

   
     

   at the end of the period

7,222,427

9,940,316

           
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         
   

Cash Flow Statement of the Parent Company

   

January to September 2012

   

Prepared by: Aluminum Corporation of China Limited*

     
   

Unit: Thousand RMB, Unaudited

     
         

From the beginning of

         

the previous year

       

From the beginning of

to the end

       

the year to the end of

of the reporting period

       

the reporting period

of the previous year

   

Items

 

(January to September)

(January to September)

           
   

1.

Cash flow from operating activities:

   
     

Cash received from product sales and

   
     

   rendering of services

43,848,285

40,548,465

     

Refund of tax and levies received

26,293

0

     

Other cash received relating to

   
     

   operating activities

525,331

73,411

     

Sub-total of cash inflow from

   
     

   operating activities

44,399,909

40,621,876

     

Cash paid for purchase of goods and

   
     

   receipt of services

37,416,824

33,867,650

     

Cash paid to and on behalf of employees

3,527,233

3,304,250

     

Taxes and surcharges paid

1,639,144

1,873,044

     

Other cash paid relating to operating activities

1,687,107

1,502,070

     

Sub-total of cash outflow from

   
     

   operating activities

44,270,308

40,547,014

       



           
     

Net cash flow from operating activities

129,601

74,862

       



           
   

2.

Cash flows from investment activities:

   
     

Cash received from disposal of investments

0

228,000

     

Cash received from returns on investments

47,535

231,948

     

Net cash received from disposal of fixed assets,

   
     

   intangible assets and other long-term assets

67,074

36,592

     

Net cash received from disposal of subsidiaries

   
     

   and other operating entities

   
     

Other cash received relating to

   
     

   investment activities

172,809

1,500,136

       



           
     

Sub-total of cash inflow from

   
     

   investment activities

287,418

1,996,676

     

Cash paid to acquire fixed assets,

   
     

   intangible assets and other long-term assets

2,631,184

4,891,691

     

Cash paid for investment

5,924,501

3,943,666

     

Net cash paid for acquisition of subsidiaries

   
     

   and other operating entities

0

50,000

     

Other cash paid relating to investment activities

361,242

46,264

     

Sub-total of cash outflow from

   
     

   investment activities

8,916,927

8,931,621

       



           
     

Net cash flows from investment activities

-8,629,509

-6,934,945

       



           
   

3.

Cash flows from financing activities:

   
     

Proceeds received from investments

   
     

Cash received from borrowings

28,598,000

22,795,000

     

Cash received from bond issue

11,000,000

14,947,500

     

Other cash received relating to

   
     

   financing activities

   
     

Sub-total of cash inflow from

   
     

   financing activities

39,598,000

37,742,500

     

Cash paid for repayment

26,149,000

30,708,575

     

Cash paid for dividend and

   
     

   profit distribution or interest repayment

2,448,507

1,938,281

     

Other cash paid relating to financing activities

3,493,951

0

     

Sub-total of cash outflow from

   
     

   financing activities

32,091,458

32,646,856

       



           
     

Net cash flows from financing activities

7,506,542

5,095,644

       



           
   

4.

Effect on cash and cash equivalents

   
     

   due to change in foreign

   
     

   currency exchange rate

-3,456

453

           
   

5.

Net increase in cash and cash equivalents

-996,822

-1,763,986

     

Add:

Balance of cash and

   
       

   cash equivalents at the beginning

   
       

   of the period

4,006,936

5,343,707

           
   

6.

Balance of cash and cash equivalents

   
     

   at the end of the period

3,010,114

3,579,721

           
   

Legal Representative

Person-in-charge

Head of Accounting

   

of the Company:

of Accounting:

Department:

   

Xiong Weiping

Liu Caiming

Lu Dongliang

         

About the Company

Our contact information of this release is:

*

Business address: No. 62 North Xizhimen Street, Haidian District, Beijing, People's Republic of China, 100082

*

Telephone number: (86-10) 8229 8103

*

Website: http://www.chalco.com.cn

*

Contact person: Liu Qiang, Company Secretary