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OTHER NON-CURRENT ASSETS (Tables)
12 Months Ended
Dec. 31, 2020
OTHER NON-CURRENT ASSETS  
Schedule of other non-current assets

 

 

 

 

 

 

    

December 31,  2020

    

December 31, 2019

 

    

 

 

(Restated)

Financial assets

 

  

 

  

– Long-term receivables

 

127,754

 

128,673

 

 

 

 

 

Prepayment for mining rights

 

809,722

 

813,822

Long-term prepaid expenses

 

654,291

 

650,062

Deferred losses for sale and leaseback transactions*

 

396,368

 

766,546

Others

 

1,177,785

 

849,819

 

 

3,038,166

 

3,080,249

 

 

 

 

 

 

 

3,165,920

 

3,208,922


*As disclosed in Note 20, the Group entered into several sale and leaseback agreements which constitute finance leases in previous years. The deferred losses arising from the sale are classified as other non-current assets and were amortized over the useful lives of the assets leased back.