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LEASEHOLD LAND PAYMENTS (Tables)
12 Months Ended
Dec. 31, 2017
LEASEHOLD LAND PAYMENTS [abstract]  
Schedule of lease prepayments

RMB’000

At 1 January 2016

Cost

1,274,082

Accumulated amortisation

(325,556)

Net book amount

948,526

Year ended 31 December 2016

Opening net book amount

948,526

Transfer from fixed assets (Note 6)

715,003

Amortisation charges

(38,670)

Closing net book amount

1,624,859

At 31 December 2016

Cost

1,989,085

Accumulated amortisation

(364,226)

Net book amount

1,624,859

Year ended 31 December 2017

Opening net book amount

1,624,859

Transfer from fixed assets (Note 6)

403,282

Assets classified as held for sale

(2,183)

Amortisation charges

(45,680)

Closing net book amount

1,980,278

 

At 31 December 2017

 

Cost

2,388,326

Accumulated amortisation

(408,048)

Net book amount

1,980,278

Schedule of maturity analysis of operating lease payments explanatory

2016

2017

RMB’000

RMB’000

Lease of between 10 to 20 years

873,411

1,257,346

Lease of between 20 to 30 years

751,448

 

722,932

 

1,624,859

 

1,980,278