普华永道-中国石油财务信息系统设计报告

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7. System processes for consolidation and reporting 29
Appendix A - Report formats
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System Design for FMIS Modification
Chapter 1
Business requirements
System Design for FMIS Modification
To produce these reports, some changes to FMIS needs to be implemented.
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PetroChina reporting structure
Level 1
PetroChina
Counterpart, transaction type, period, beginning balance, credit amount, debit amount, ending balance
report Internal long-term equity investment report, capital structure
report Internal payable or receivables
Required information for internal transactions
Balance sheet ( PRC GAAP)
Income statement
Cash flow statement
Internal transactions reports
Internal transaction list
Internal product sales or purchase report Internal rendering of service report or internal service purchase
E&P HuaBei
G&P HuaBei
... Level 6
Operations Oil field #1 Oil field #2 Oil field #3 Units
Level 7
Suboperations Units
District 1
District 2
District 3
System Design for FMIS Modification
Downstream
Refining & Marketing
Petrochemicals & marketing
Others
Refining
Refinery Βιβλιοθήκη BaiduuaBei
Marketing
North China Petr.Trade
R&D
China oil
HQ Beijing
China O&G research institute
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Business requirement overview
To be able to do an IPO, PetroChina need to be able to produce certain key financial reports
The FMIS system need to be able to produce the following reports:
Disclosure items are also required by IAS and PRC GAAP for joint-stock company.
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.
PetroChina
Level 2
Specialized Co/Business Group
Level 3
Segment
E&P
Oil&Gas E&P
Gas & Pipeline
Natural gas (inc. gas pipeline)
Level 4
Type
Level 5
Business Units
PetroChina Requirements and design of FMIS modifications FMIS enhancement project
December 1999
System Design for FMIS Modification
Contents
1. Business requirements
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... ... ...
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Business requirements for PRC consolidation
PRC GAAP consolidation report requires the following data:
Individual PRC GAAP reports of all entity involved in consolidation.
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2. Gap analysis
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3. Overall approach and design principles
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4. Business process overview
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5. Overview of system changes
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6. New data files and associated processes
Annual consolidation reports as required by China Finance Ministry based on the PRC GAAP for joint-stock company.
Quarterly consolidation of reports of the overall ListCo based on the IAS is required for publicly listed companies.