Other comprehensive income

12 Months Ended

Dec. 31, 2019

17	Other comprehensive income


	2019			2018			2017
	RMB million			RMB million			RMB million
							(Note)
Cash flow hedges:
Effective portion of changes in fair value of hedging instruments recognized during the year		(54	)		42			8
Reclassification adjustments for amounts transferred to profit or loss:
- interest expense (Note 15)		(18	)		(13	)		17
Net deferred tax credited / (debited) to other comprehensive income		17			(7	)		(6	)

		(55	)		22			19

Equity investments measured at FVOCI:
Changes in fair value recognized during the year		(31	)		319			—
Net deferred tax credited / (debited) to other comprehensive income		7			(80	)		—

		(24	)		239			—

Share of other comprehensive income of an associate
Will not be reclassified to profit or loss		3			(4	)		—
May be reclassified subsequently to profit or loss		—			—			2

		3			(4	)		2

Differences resulting from the translation of foreign currency financial statements		(7	)		(2	)		—

Available-for-sale financial assets:
Changes in fair value recognized during the year		—			—			123
Net deferred tax debited to other comprehensive income		—			—			(31	)

		—			—			92

Note: The Group has initially applied IFRS 9 at January 1, 2018. Under the transition methods chosen, comparative information is not restated. See Note 2(b).