Financial Performance - The company's operating revenue for the first half of 2023 reached approximately CNY 1.64 billion, representing a 12.22% increase compared to CNY 1.47 billion in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2023 was approximately CNY 9.99 million, a significant increase of 177.59% from CNY 3.24 million in the previous year[17]. - The basic earnings per share for the first half of 2023 was CNY 0.0232, up 172.94% from CNY 0.0085 in the same period last year[17]. - The net cash flow from operating activities for the first half of 2023 was approximately CNY 122.45 million, a recovery from a negative cash flow of CNY -137.69 million in the previous year[17]. - The total revenue for the first half of 2023 reached CNY 1,626,121,566.23, representing a year-on-year increase of 12.40%[57]. - The gross profit margin for the company improved to 45.95%, an increase of 2.14 percentage points compared to the previous year[59]. - Operating costs rose by 8.23% year-on-year, totaling approximately CNY 880.99 million, primarily due to increased sales[28]. - Sales expenses surged by 18.87% year-on-year, amounting to approximately CNY 585.40 million, driven by increased staff salaries and advertising investments[28]. - Financial expenses skyrocketed by 1,855.29% year-on-year, reaching approximately CNY 7.62 million, mainly due to reduced interest income from current deposits and increased interest expenses on lease liabilities[28]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 4.25 billion, a slight decrease of 0.41% from CNY 4.27 billion at the end of the previous year[17]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 2.96 billion, reflecting a 0.85% increase from CNY 2.94 billion at the end of the previous year[17]. - The company reported a significant increase in short-term loans, which rose by 55.53% to 354,800,000.00 RMB, primarily due to increased mortgage borrowings[41]. - The company's total liabilities decreased to CNY 1,278,624,782.93 from CNY 1,320,544,556.25, a reduction of approximately 3.17%[124]. - The company's equity attributable to shareholders rose to CNY 2,960,295,991.50 from CNY 2,935,435,542.57, reflecting an increase of about 0.84%[124]. Market Strategy and Operations - The company operates a multi-brand strategy with "Aokang" as the main brand, targeting mid-to-high-end business fashion products priced between RMB 399-699[19]. - The company has implemented a direct sales and distribution model, enhancing control over market changes while reducing inventory risks through partnerships with distributors[20]. - The company launched a new category of sports leather shoes, combining the elegance of leather shoes with the flexibility of sports shoes, winning the "China Original Shoe Award" in 2023[24]. - The company has introduced group purchasing services targeting enterprises and social organizations, expanding its market reach[21]. - The company is focusing on expanding its "light asset" operating model and enhancing its brand network through franchise partnerships[26]. Environmental Responsibility - The company is committed to environmental responsibility, adhering to pollution discharge standards set by relevant regulations[73]. - The company has established specialized wastewater treatment facilities, utilizing a process of secondary coagulation and biological contact oxidation, achieving compliance with discharge standards during the reporting period[77]. - The company has implemented an emergency response plan for environmental incidents, ensuring staff are trained annually on emergency procedures[82]. - The company has conducted third-party monitoring of wastewater and air emissions, confirming compliance with environmental standards[77]. - The company has signed contracts for hazardous waste disposal, ensuring proper handling of solid waste[78]. Corporate Governance and Compliance - The company has indicated that there are no significant risks or uncertainties affecting its future performance[7]. - The company has not made any changes to its board of directors or senior management during the reporting period[68]. - The company has implemented stricter internal controls to prevent non-standard payment processes and unauthorized fund occupation by major shareholders and related parties[99]. - A legal training session was conducted by King & Wood Mallesons to enhance the awareness of information disclosure among the company's directors and senior management[100]. - The company received an inquiry letter from the Shanghai Stock Exchange regarding its 2022 annual report on May 12, 2023, and responded on June 10, 2023[101]. Research and Development - Research and development expenses remained stable, with a slight increase of 0.73% year-on-year, totaling approximately CNY 20.83 million, which is 1.27% of operating revenue[36]. - The company obtained 20 new patents in the first half of 2023, including designs for various types of shoes and practical innovations[110]. - The company is committed to integrating advanced technology in its production processes, achieving automation and data analysis improvements[25]. Shareholder Information - The total number of ordinary shareholders reached 12,439 by the end of the reporting period[113]. - The largest shareholder, Aokang Investment Holdings Co., Ltd., holds 111,181,000 shares, representing 27.73% of the total shares[115]. - The company reported no changes in total share capital or share structure during the reporting period[112]. - There were no new strategic investors or general corporations becoming major shareholders due to new share placements[117]. Financial Management - The company has revised its financial management system to include a new chapter on preventing fund occupation, emphasizing that major shareholders and actual controllers must not infringe on the company's interests[99]. - The company has established a financial shared service center to standardize electronic approval and payment authority, ensuring compliance with the revised financial management system[99]. - The company plans to use part of its idle funds for entrusted wealth management, as approved by the shareholders[67].

证券代码：603001 证券简称：ST 奥康 公告编号：临 2023-037 浙江奥康鞋业股份有限公司 关于召开 2023 年半年度网上业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示 ●会议召开时间：2023 年 09 月 13 日(星期三) 下午 16:00-17:00 召开时间：2023 年 09 月 13 日 下午 16:00-17:00 会议召开地点：上证路演中心 召开方式：上证路演中心网络互动 ●会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com） ●会议召开方式：上证路演中心网络互动 ●2023 年 09 月 06 日(星期三)至 09 月 12 日(星期二)16:00 前登录上证路演 中心网站首页点击"提问预征集"栏目或通过公司邮箱 aks@aokang.com 进行提 问。公司将在说明会上对投资者普遍关注的问题进行回答。 浙江奥康鞋业股份有限公司（以下简称"公司"）已于 2023 年 08 月 31 日发 布公司 202 ...

一、实施其他风险警示的基本情况及进展 证券代码：603001 证券简称：ST 奥康 公告编号：临 2023-036 浙江奥康鞋业股份有限公司 关于股票被实施其他风险警示相关事项的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 浙江奥康鞋业股份有限公司（以下简称"公司"）《2022 年度内部控制审 计报告》被出具否定意见，根据《上海证券交易所股票上市规则》第 9.8.1 条第 （三）项规定，公司股票于 2023 年 4 月 27 日起被实施其他风险警示。 根据《上海证券交易所股票上市规则》（2023 年 2 月修订）第 9.8.4 条 规定，公司将每月披露一次其他风险警示相关事项的进展情况，提示相关风险。 公司指定信息披露媒体为《中国证券报》、《上海证券报》、《证券时报》、《证 券日报》及上海证券交易所网站（www.sse.com.cn），公司发布的信息均以在上 述指定媒体披露的信息为准，敬请广大投资者理性投资，注意投资风险。 特此公告。 浙江奥康鞋业股份有限公司 因公司《2022 年度内部控制审 ...

目 录 一、关于对浙江奥康鞋业股份有限公司 2022 年度财务报表 发表非标准审计意见的专项说明……………………………………第 1—4 页 二、资质证书复印件…………………………………………………第 5—8 页 关于对浙江奥康鞋业股份有限公司 2022 年度财务报表发表非标准审计意见的 专项说明 天健函〔2023〕7-127 号 浙江奥康鞋业股份有限公司全体股东： 我们接受委托，审计了浙江奥康鞋业股份有限公司（以下简称奥康股份公司） 2022 年度的财务报表，并出具了保留意见的《审计报告》（天健审〔2023〕7-356 号）。根据《公开发行证券的公司信息披露编报规则第 14 号——非标准审计意见 及其涉及事项的处理（2020 年修订）》和《监管规则适用指引——审计类第 1 号》 相关要求，现将奥康股份公司有关情况说明如下： 一、审计报告中保留意见所涉及事项 审计报告中"形成保留意见的基础"段述及： (一) 关联方资金占用及其他资金往来事项 奥康股份公司实际控制人及其控制的企业存在通过奥康股份公司的经销商、 合营方占用奥康股份公司资金的情形，此外，该等主体与经销商、合营方、供应 商及其他主体资金往来频繁，我们未 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥896,480,279.68, representing a year-on-year increase of 16.74%[3] - The net profit attributable to shareholders of the listed company was ¥40,839,574.79, showing a significant increase of 249.02% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,224,100.76, reflecting an increase of 1,408.60% year-on-year[3] - The basic earnings per share for the period was ¥0.1052, up by 243.79% from the previous year[3] - Total operating revenue for Q1 2023 reached ¥896,480,279.68, an increase of 16.7% compared to ¥767,947,704.54 in Q1 2022[20] - Net profit for Q1 2023 was ¥40,674,664.45, significantly higher than ¥11,552,867.29 in Q1 2022, marking an increase of 252.5%[21] - The total comprehensive income for the company in Q1 2023 was CNY 39,167,278.96, compared to CNY 10,948,798.98 in Q1 2022, reflecting a growth of approximately 258.5%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,245,023,072.95, a decrease of 0.48% from the end of the previous year[3] - The company's total assets decreased slightly to ¥4,245,023,072.95 from ¥4,265,334,120.12 in the previous quarter[20] - Current liabilities totaled ¥1,140,804,898.36, down from ¥1,201,782,220.30 in the previous quarter, indicating a reduction of 5.1%[19] - The company’s total liabilities decreased to ¥1,259,204,724.18 from ¥1,320,544,556.25 in the previous quarter, a reduction of 4.6%[19] Cash Flow - The net cash flow from operating activities was ¥38,264,371.76, with a notable increase in sales receipts[6] - The net cash flow from operating activities for Q1 2023 was CNY 38,264,371.76, compared to a negative cash flow of CNY -54,218,374.91 in Q1 2022, indicating a turnaround in operational efficiency[25] - The company generated CNY 860,341,880.24 in cash from sales in Q1 2023, up from CNY 769,056,976.45 in the same period last year, representing an increase of about 11.9%[24] - The net cash flow from investing activities was CNY -54,766,680.08 in Q1 2023, an improvement from CNY -63,236,702.57 in Q1 2022, showing a reduction in investment losses[26] - The company’s cash inflow from operating activities totaled CNY 888,612,756.11 in Q1 2023, compared to CNY 843,645,267.32 in Q1 2022, indicating a year-over-year increase of about 5.3%[25] - The company raised CNY 125,247,600.00 through borrowings in Q1 2023, which was a new source of financing compared to the previous year[26] - The company’s net cash flow from financing activities was CNY 78,121,337.32 in Q1 2023, a significant recovery from CNY -22,579,660.94 in Q1 2022, indicating improved financial stability[26] Shareholder Information - The company has a total of 15,312 ordinary shareholders at the end of the reporting period[8] Revenue Sources - Online sales generated revenue of approximately 156.39 million RMB, with a gross profit margin of 37.02%, while offline sales accounted for about 731.46 million RMB with a gross profit margin of 48.61%[13] - The company reported a significant increase in revenue from group purchases and online shopping, with a year-on-year growth of 60.74%[12] - The company reported a decrease in revenue from exports, which fell by 50.55% year-on-year, but the gross profit margin increased by 8.32 percentage points[12] Profitability Metrics - The gross profit margin for the overall business was 46.57%, which increased by 0.59 percentage points compared to the previous year[12] - The gross profit margin for independent stores was 57.53%, while the gross profit margin for mall stores was 55.70%[12] - The company reported a significant increase in gross profit margin, with gross profit for Q1 2023 at ¥421,773,112.51, compared to ¥358,124,794.86 in Q1 2022[20] Research and Development - Research and development expenses for Q1 2023 were ¥9,872,060.17, slightly higher than ¥9,475,251.83 in Q1 2022, reflecting a commitment to innovation[20] Future Plans - The company plans to continue expanding its market presence and developing new products to enhance competitiveness[11]

Financial Performance - In 2022, the company reported a net profit attributable to shareholders of -369.78 million RMB, a decrease of 1,185.93% compared to the previous year's profit of 34.05 million RMB[20]. - The company's operating revenue for 2022 was 2.75 billion RMB, down 6.91% from 2.96 billion RMB in 2021[20]. - The basic earnings per share for 2022 was -0.9608 RMB, a significant decline from 0.0890 RMB in 2021, representing a decrease of 1,179.55%[20]. - The net cash flow from operating activities was -98.71 million RMB, a decrease of 144.36% compared to 222.52 million RMB in 2021[20]. - The company's total assets at the end of 2022 were 4.27 billion RMB, a decrease of 2.34% from 4.37 billion RMB at the end of 2021[20]. - The net assets attributable to shareholders decreased by 15.11% to 2.94 billion RMB from 3.46 billion RMB in 2021[20]. - The weighted average return on equity for 2022 was -11.64%, a decrease of 12.61 percentage points from 0.97% in 2021[20]. - The company reported a net profit excluding non-recurring gains and losses of -417.71 million RMB for 2022, compared to -14.04 million RMB in 2021[20]. Revenue Trends - In Q1 2022, the company reported revenue of approximately ¥767.95 million, while Q2, Q3, and Q4 revenues were ¥697.48 million, ¥641.90 million, and ¥646.80 million respectively, indicating a decline in revenue throughout the year[22]. - The net profit attributable to shareholders was ¥11.70 million in Q1, but the company faced losses in subsequent quarters, with Q2 at -¥9.29 million, Q3 at -¥134.93 million, and Q4 at -¥237.26 million[22]. - The company achieved operating revenue of CNY 275,413.58 million, a year-on-year decrease of 6.91%[47]. - The total revenue for the year was ¥2,723,710,412.84, a decrease of 6.62% compared to ¥2,916,800,775.74 in the previous year[85]. Marketing and Brand Strategy - The company has focused on enhancing brand recognition and launched new marketing strategies, including celebrity endorsements and social media campaigns, to strengthen its brand image[30]. - The introduction of new product lines, such as breathable and cloud series shoes, has received positive consumer feedback, reflecting the company's commitment to comfort and innovation in men's footwear[31]. - The company has optimized its channel layout, enhancing its online presence across various e-commerce platforms and improving the shopping experience for consumers[32]. - The company has expanded its physical store presence in key markets, establishing flagship stores in high-traffic areas to enhance brand visibility and customer engagement[33]. - The company aims to maintain a strong focus on product quality and innovation, leveraging partnerships with renowned designers to enhance its product offerings[31]. Operational Challenges - The company experienced significant cash flow challenges, with operating cash flow of -¥54.22 million in Q1, -¥102.47 million in Q2, and -¥172.20 million in Q3, before recovering to ¥230.18 million in Q4[22]. - The company reported a significant increase in other receivables by 168.78%, rising from ¥31,316,288.75 to ¥84,172,588.96[77]. - The company’s inventory increased by 28.11% to 581.40 million pairs, attributed to pre-holiday stockpiling[57]. - The company is focusing on the men's shoe segment, which saw slight growth, while women's shoes and leather goods experienced declines[56]. Environmental Responsibility - The company has invested 1.3012 million yuan in environmental protection during the reporting period[151]. - The company has established wastewater treatment facilities that meet discharge standards after undergoing three treatment processes, including primary chemical precipitation and aerobic contact oxidation[160]. - The company’s wastewater discharge met the standards, with specific measurements for pollutants such as ammonia nitrogen and total phosphorus[154]. - The company has received environmental permits for its facilities, with the latest permits valid until August 30, 2023, for the Oubei base and June 23, 2023, for the Chongqing base[164][165]. Governance and Compliance - The company ensures compliance with information disclosure obligations, maintaining transparency and fairness in its communications with shareholders[111]. - The company actively engages with stakeholders, including investors and creditors, to uphold their rights and promote healthy, sustainable development[114]. - The company has established a transparent performance evaluation and incentive mechanism for its directors and senior management to promote sustainable development[110]. - The company’s governance practices comply with relevant laws and regulations, ensuring the legitimacy of the meetings and voting results[117]. Future Outlook - The company plans to improve brand strength by emphasizing technology, fashion, and comfort in its product offerings, while also enhancing store image and optimizing channel presence in mainstream shopping areas[103]. - The company is actively pursuing mergers and acquisitions as part of its growth strategy, aiming to leverage synergies and enhance operational efficiencies[121]. - The company has set ambitious targets for the upcoming fiscal year, aiming for a significant increase in both revenue and profitability[121]. - Future guidance indicates a commitment to maintaining growth, with specific strategies aimed at increasing user engagement and market share[121].

Financial Performance - The company reported a net profit attributable to shareholders of -370 million RMB for 2022, with a year-end distributable profit of 517 million RMB, and proposed no cash dividends or stock bonuses for the year [4]. - Net profit attributable to shareholders was CNY -369,781,962.58, a decline of 1,185.93% compared to CNY 34,052,108.68 in 2021 [13]. - Operating revenue fell by 6.91% to CNY 2,754,135,834.59 in 2022 from CNY 2,958,569,639.91 in 2021 [13]. - Cash flow from operating activities showed a net outflow of CNY -98,710,094.64, a decrease of 144.36% compared to CNY 222,516,194.15 in 2021 [13]. - The weighted average return on equity dropped by 12.61 percentage points to -11.64% in 2022 from 0.97% in 2021 [13]. - The company’s basic earnings per share were CNY -0.9608, a decline of 1,179.55% from CNY 0.0890 in 2021 [13]. Market Trends - In 2022, the total retail sales of consumer goods in China reached 43.97 trillion RMB, a decrease of 0.2%, while the retail sales of clothing, shoes, and textiles fell by 6.5% to 1.3 trillion RMB [9]. - The company has seen a structural adjustment opportunity in the industry as domestic brands begin to fill the gap in the high-end market previously dominated by international brands [8]. Business Strategy - The company aims to address consumer demand for comfort in men's dress shoes, focusing on a strategy for "more comfortable men's dress shoes" to enhance product offerings [8]. - The company operates under a multi-brand strategy, with the main brand "Aokang" targeting mid-to-high-end products priced between 399-699 RMB, while other brands like "Kanglong" and "Puma" cater to different market segments [9]. - The company plans to continue exploring new market opportunities and expanding its product lines to meet the evolving preferences of consumers [7]. Production and Quality Control - The company has adopted a production model that combines in-house and outsourced production, ensuring quality control across all stages of the supply chain [10]. - The company has implemented strict controls over outsourced production to maintain product quality and meet diverse consumer demands [10]. Sales and Marketing - The sales model includes a mix of direct sales and distribution, with a focus on expanding market reach through group purchases and online sales channels [11]. - The company is leveraging digital economy and e-commerce platforms to connect with new consumer demographics, particularly the younger generation [8]. - The company reported a significant increase in advertising and promotional expenses, totaling CNY 12,884.54 million, with advertising costs rising by CNY 6,989.29 million [22]. - The company plans to continue its brand strategy upgrade, focusing on advertising and business promotion despite the revenue decline [22]. Shareholder Information - The number of ordinary shareholders decreased to 14,196 by the end of the reporting period from 15,312 a month prior [17]. - The company recognized a credit impairment provision of CNY 4,087.71 million due to extended aging of accounts receivable [22].

证券代码：603001 证券简称：奥康国际 公告编号：临 2023-014 浙江奥康鞋业股份有限公司 关于召开 2023 年度网上业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示 ●会议召开时间：2023 年 5 月 10 日（星期三）下午 16:00-17:00 ●会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2023 年 4 月 28 日(星期五)至 5 月 9 日(星期二)16:00 前登录 上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 aks@aokang.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 浙江奥康鞋业股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日发 布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营 成果、财务状况，公司计划于 2023 年 5 月 10 日下午 16: ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥641,903,990.21, representing a year-over-year increase of 3.40%[3]. - The net profit attributable to shareholders was -¥134,933,813.69, a significant decrease of 392.94% compared to the same period last year[3]. - The basic earnings per share (EPS) was -¥0.3508, reflecting a decline of 395.72% year-over-year[3]. - The total operating revenue for the company reached CNY 2,081,593,801.71, with a gross profit margin of 43.10%, reflecting a year-over-year decrease of 1.47% in revenue and a decrease of 4.31% in cost[14]. - The brand "Aokang" generated operating revenue of CNY 1,378,864,697.41, with a gross profit margin of 44.38%, showing a year-over-year increase of 2.73% in revenue[14]. - The "Kanglong" brand's operating revenue was CNY 243,504,456.15, with a gross profit margin of 48.18%, reflecting a year-over-year decrease of 7.96%[14]. - The company’s revenue from exports increased by 24.38%, with a gross profit margin of 23.18%[16]. - Total revenue for the first three quarters of 2022 was CNY 2,107,335,249.86, a decrease of 1.6% compared to CNY 2,142,733,485.18 in the same period of 2021[25]. - Operating profit for the third quarter of 2022 was a loss of CNY 119,038,094.76, compared to a profit of CNY 60,784,358.48 in the same period of 2021[26]. - The total comprehensive income attributable to the parent company for Q3 2022 was -116,404,110.73 RMB, compared to 43,994,861.19 RMB in Q3 2021[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,065,001,977.49, down 6.92% from the end of the previous year[4]. - Total assets as of September 30, 2022, were CNY 4,065,001,977.49, down from CNY 4,367,329,037.41 at the end of 2021[24]. - Current assets decreased to CNY 2,452,222,707.78 from CNY 2,898,513,728.93, reflecting a decline of 15.4%[23]. - Total liabilities decreased to CNY 863,644,436.48 from CNY 900,254,985.17, a reduction of 4.1%[24]. - Shareholders' equity as of September 30, 2022, was CNY 3,201,357,541.01, down from CNY 3,467,074,052.24 at the end of 2021[24]. Cash Flow - The net cash flow from operating activities was -¥328,889,521.93, indicating increased operational expenses[3][7]. - Cash flow from operating activities for the first nine months of 2022 was -328,889,521.93 RMB, compared to -108,651,884.51 RMB in the same period of 2021[30]. - The total cash outflow from operating activities for the first nine months of 2022 was 2,278,446,594.95 RMB, slightly up from 2,271,607,801.01 RMB in the same period of 2021[30]. - The company reported a net increase in cash and cash equivalents of -464,778,395.00 RMB for Q3 2022, compared to -451,688,197.32 RMB in Q3 2021[30]. - The company reported cash and cash equivalents of 225,864,868.18 RMB at the end of Q3 2022, down from 369,689,143.06 RMB at the end of Q3 2021[30]. Shareholder Information - The company had 14,034 common shareholders at the end of the reporting period[9]. - The largest shareholder, Aokang Investment Holdings Co., Ltd., held 27.73% of the shares, with 46,010,100 shares pledged[9]. Strategic Initiatives - The company plans to continue focusing on market expansion and new product development strategies in the upcoming quarters[3]. - The company opened 108 new stores and closed 134 stores in the third quarter, resulting in a total of 2,508 stores by the end of September 2022[19]. Investments - The company invested CNY 2,000,000 in a structured deposit with Ningbo Bank, yielding an annualized return of 1.00%[11]. - The company’s investment in financial products included a CNY 10,000,000 structured deposit with Citic Bank, yielding a return of 1.60%[12]. Operational Metrics - Online sales amounted to CNY 397,003,424.70, with a gross profit margin of 35.66%, representing a year-over-year increase of 12.54%[19]. - The company reported a gross profit margin increase of 3.22 percentage points in independent stores, despite a revenue decrease of 9.00%[16]. - Total operating costs increased to CNY 2,207,733,298.83, up 6.7% from CNY 2,068,462,283.02 in the previous year[26].