1、管理用資產負債表2009 年 12 月 31 日編制單位：貴州茅臺酒股份有限公司單位：萬元 幣種：人民幣凈經營資產年末余額年初余額凈負債及股東權益年末余額年初余額經營性流動資產：金融負債：貨幣資金（經營）9,743,152,155.248,093,721,891.16金融負債合計00應收票據（經營）380,760,283.20170,612,609.00金融資產：應收賬款21,386,314.2834,825,094.84應收利息1912600.002783550.00預付款項1,203,126,087.16741,638,536.34持有至到期投資10000000.0042000000.00

2、其他應收款96,001,483.1582,601,388.17金融資產合計1191260044783550存貨4,192,246,440.363,114,567,813.33凈負債-11912600-44783550一年內到期的非流動資17,000,000.00產經營性流動資產合計15,653,672,763.3912,237,967,332.84經營性流動負債：應付賬款139,121,352.45121,289,073.57預收款項3,516,423,880.202,936,266,375.10應付職工薪酬463,948,636.85361,007,478.77應繳稅費140,524,984

3、.34256,300,257.23應付股利137,207,662.62其他應付款710,831,237.05575,906,355.73經營性流動負債合計5,108,057,753.514,250,769,540.40經營營運資本10,545,615,009.887,987,197,792.44經營性長期資產：長期股權投資4,000,000.004,000,000.00固定資產3,168,725,156.292,190,171,911.89在建工程193,956,334.39582,860,996.70工程物資24,915,041.5362,368,950.89無形資產465,550,825.

4、17445,207,595.72股東權益：長期待攤費用21,469,624.8110,146,520.77實收資本943,800,000.00943,800,000.00遞延所得稅資產225,420,802.14176,680,977.54資本公積1,374,964,415.721,374,964,415.72經營性長期資產合計4,104,037,784.333,471,436,953.51減：庫存股經營性長期負債：盈余公積1,585,666,147.401,001,133,829.72專項應付款10,000,000.00未分配利潤10,561,552,279.697,924,671,271.

5、03經營性長期負債合計10,000,000.00少數股東權益185,582,551.40258,848,779.48凈經營性長期資產4,094,037,784.333,471,436,953.51股東權益合計14,651,565,394.2111,503,418,295.95凈經營資產總計14,639,652,794.2111,458,634,745.95凈負債及股東權益總計14,639,652,794.2111,458,634,745.95管理用利潤表 2009 年 12 月 31 日 編制單位：貴州茅臺酒股份有限公司單位：萬元 幣種：人民幣項目本期金額上期金額經營損益：一、營業收入9,66

6、9,999,065.398,241,685,564.11減：營業成本950,672,855.27799,713,319.24二、毛利8,719,326,210.127,441,972,244.87減：營業稅金及附加940,508,549.66681,761,604.71銷售費用621,284,334.75532,024,659.80管理費用1,217,158,463.04941,174,062.44資產減值損失-300,085.01450,078.22三、稅前營業利潤5,940,674,947.685,286,561,839.7加：營業外收入6,247,977.006,282,035.79減：

7、營業外支出1,228,603.0811,366,252.66四、稅前經營利潤5,945,694,321.65,281,477,622.83減：經營利潤所得稅14937728711357848774五、稅后經營凈利潤4,451,921,450.203,923,628,849.10043金融損益六、利息費用-134,845,563.04-103,823,015.33減：利息費用抵稅-33878069.24-26692521.32七、稅后利息費用-100,967,493.801518-77,130,494.0095731八、凈利潤4,552,888,944.004,000,759,343.11附注：

8、平均所得稅稅率25.12%25.71%管理用現金流量表 2009 年 12 月 31 日 編制單位：貴州茅臺酒股份有限公司單位：萬元 幣種：人民幣項目本年金額上年金額（略）經營活動現金流量：稅后經營凈利潤4,451,921,450.20加：折舊與攤銷207,567,308.42=經營現金毛流量4,659,488,758.62減：經營營運資本增加2,558,417,217.44=營業現金凈流量2,101,071,541.18減：經營性長期資產增加622,600,830.82折舊與攤銷207,567,308.42=實體現金流量1,270,903,401.94金融活動現金流量：稅后利息費用-100,

9、967,493.801518減：凈負債增加32870950=債務現金流量-133,838,443.801518股利分配1,404,741,845.74減：股權資本凈增加0=股權現金流量1,404,741,845.74融資現金流量1,270,903,401.93848管理用財務分析權益凈利率 = 凈經營資產凈利率（凈經營資產凈利率稅后利息率）（凈負債所有者權益）=凈經營資產凈利率經營差異率凈財務杠桿=凈經營資產凈利率杠桿貢獻率 其中：凈經營資產凈利率 =稅后經營凈利潤凈經營資產=4,451,921,450.20 14,639,652,794.21=30.41%稅后利息率 =稅后利息凈負債= -100,967,493.801518 -11912600=847.57%凈財務杠桿 =凈負債股東權益=-11912600 14,651,565