N-Explanatory Notes on Main Statistical Indicators
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Statistical
Unit in
Construction
refers to corporate enterprise engaged in the construction of buildings
and structures and in the installation of equipment. A corporate construction
enterprise should meet the following 3 requirements:①being set up in
line with relevant legal basis, having its full name, organization and
location, and capable of taking civil liabilities;②independently
possessing and using its assets and assuming its liabilities, and entitled to
sign contracts with other institutions; and ③ making
independent accounts of its profits and losses, and capable of compiling its
own balance sheet. |
Gross
Output Value of Construction (Output Value of Projects Under Construction)refers to total of
construction products, expressed in money terms, completed by construction
and installation enterprises during a given period of time. It includes: |
(1)Output value of
construction projects, that is the value of projects covered by the project
budgets; |
(2)Output value of
installation projects, that is the value of the installation of equipment, (excluding
the value of the equipment to be installed); |
(3)Output value of repair
of buildings and structures, that is the value created through the repairs of
buildings or structures, but does not include the value of buildings or
structures being repaired and the value of the repair of production
equipment; |
(4)Output value of
manufactured non-standard equipment, that is the
value of non-standard production equipment (including raw materials and
manufacturing cost) made for the construction project, and the equipment
manufactured by subsidiary workshops. |
Value-added
of Construction refers to the final result of the activities of
production and management of construction in monetary terms in the reference
period. At present, the value-added of construction is calculated with the
income approach. In other words, it is the sum of income of various
production factors in the production process. The formula is as follows: |
Value-added of
construction=depreciation of fixed assets in the year + wages payable + welfare
expenses payable + insurance premium and tax for waiting for employment in the
administrative expenses +taxes and surcharges on project settlement + profit
gained from project settlement. |
Floor
Space of Buildings Under Construction refers to floor space of
buildings under construction during the reference period, including newly
started buildings, buildings started earlier and continued during the
reference period, and buildings suspended earlier but restarted during the
reference period, buildings completed during the reference period, and
buildings under construction and then suspended during the reference period. |
Floor
Space of Buildings Completed refers to the floor space of buildings that
are completed in the reference period in accordance with the requirements of
the design, up to the standard for putting them into use, and have been
checked and accepted by concerned departments as qualified ones. |
Total
Number of Machinery and Equipment Owned by the End of Year refers to the
number of machines and equipment owned by the enterprises, and listed as the
fixed assets of the enterprises by the end of the year, including machinery
and equipment for construction, production and transportation. |
Total
Power of Machinery and Equipment Owned by the End of Year refers to the total
power of machinery and equipment owned by the enterprises, and listed as the
fixed assets of the enterprises by the end of the year, including machinery
and equipment for construction, production and transportation. The power of
the machinery is calculated on basis of the designed or verified capacity, covering
the power of the machinery/equipment and the separate
power equipment serving the machinery/equipment (such
as electric motors), but excluding welders, transformers and boilers. The
unit used for the calculation of power is kilowatt, with horsepower converted
to kilowatt by 1 horsepower=0. 735 kilowatt. |
Income
from Settlement of Projects refers to the income received by the construction
enterprise from the contracted project through settlement procedures, and
other charges to the contractoree as operational
costs in addition to the value of the project, such as temporary facility fee,
labour insurance premium, moving cost of construction equipment, as well as
various types of claims to the contractee. |
Profit
from Settlement of Projects refers to profit realized through settled projects.
It is calculated with the following formula: |
Profit from Settlement of
Projects=Income from Settlement of Projects-Settled Cost-Settled Taxes and Other
Cost |
Total
Revenue of Enterprises refers to the sum of income from production and
operation of enterprises, including income from settlement of projects and
other operational income, namely: |
Total Revenue of
Enterprises=Income from Settlement of
Projects + Other Operational Income |