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COMMITMENTS
12 Months Ended
Dec. 31, 2019
COMMITMENTS [abstract]  
Disclosure of commitments

38         COMMITMENTS

 

(a)           Capital commitments

 

As at December 31, 2019, the Group had the following capital commitments:

 

 

2018

 

2019

 

RMB’000

 

RMB’000

 

 

 

 

Contracted but not provided for

899,290

 

804,298

 

 

 

 

Authorized but not contracted for

1,765,710

 

1,178,032

 

A substantial amount of these commitments is related to the reform of stations or facilities relating to the existing railway lines of the Company, which would be financed by self-generated operating cash flow