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INVESTMENT PROPERTIES (Tables)
12 Months Ended
Dec. 31, 2020
INVESTMENT PROPERTIES  
Schedule of net carrying amount of investment properties

 

 

 

 

 

 

 

 

 

    

Buildings

    

Land use rights

    

Total

Year ended December 31, 2020

 

 

 

 

 

 

Opening net carrying amount

 

414,168

 

1,089,098

 

1,503,266

Additions

 

 —

 

 —

 

 —

Transfer from property, plant and equipment (Note 7)

 

78,135

 

 —

 

78,135

Transfer from right-of-use assets (Note 20)

 

 —

 

45,885

 

45,885

Disposals

 

 —

 

(1,005)

 

(1,005)

Depreciation

 

(10,814)

 

(13,591)

 

(24,405)

 

 

 

 

 

 

 

Closing net carrying amount

 

481,489

 

1,120,387

 

1,601,876

 

 

 

 

 

 

 

As of December 31,  2020

 

 

 

 

 

 

Cost

 

601,850

 

1,221,710

 

1,823,560

Accumulated depreciation and impairment

 

(120,361)

 

(101,323)

 

(221,684)

 

 

 

 

 

 

 

Net carrying amount

 

481,489

 

1,120,387

 

1,601,876

 

 

 

 

 

 

 

 

 

    

Buildings

    

Land use right

    

Total  

Year ended December 31, 2019

 

 

 

 

 

 

Opening net carrying amount

 

235,974

 

920,032

 

1,156,006

Additions

 

44,063

 

 —

 

44,063

Transfer from property, plant and equipment (Note 7)

 

179,564

 

 —

 

179,564

Transfer from right-of-use assets (Note 20)

 

 —

 

239,765

 

239,765

Disposal

 

(36,949)

 

(52,537)

 

(89,486)

Depreciation

 

(8,484)

 

(18,075)

 

(26,559)

Impairment loss

 

 —

 

(87)

 

(87)

 

 

 

 

 

 

 

Closing net carrying amount

 

414,168

 

1,089,098

 

1,503,266

As of December 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

508,705

 

1,159,343

 

1,668,048

Accumulated depreciation and impairment

 

(94,537)

 

(70,245)

 

(164,782)

 

 

 

 

 

 

 

Net carrying amount

 

414,168

 

1,089,098

 

1,503,266