Land Use Rights and Others

12 Months Ended

Dec. 31, 2019

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Land Use Rights and Others

18 LAND USE RIGHTS AND OTHERS

As of December 31, 2019, total land use rights amounted to RMB16,489 million (2018: RMB16,593 million). For the year ended December 31, 2019, the amortization of land use rights expensed in the profit or loss amounted to approximately RMB462 million (2018: approximately RMB467 million; 2017: approximately RMB446 million).

In addition to the land use rights, this item also comprises long-term prepaid expenses and financial assets.