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REVENUE AND SEGMENT INFORMATION - Information about operating segments results (Details)
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2020
CNY (¥)
segment
Dec. 31, 2019
CNY (¥)
segment
Dec. 31, 2018
CNY (¥)
segment
Dec. 31, 2020
CNY (¥)
Segment information          
Number of reportable operating segments | segment 5 5 5 5  
Total revenue $ 28,504,866 ¥ 185,994,253 ¥ 190,215,398 ¥ 180,350,912  
Total revenue from contracts with customers (net of value-added tax)   185,664,264 189,897,483 180,110,759  
Segment profit/(loss) before income tax 330,301 2,155,217 2,118,961 2,272,555  
Income tax expense (89,224) (582,188) (628,376) (826,366)  
Profit for the year 241,077 1,573,029 1,490,585 1,446,189  
Finance income 34,777 226,921 261,193 492,322  
Finance costs (677,476) (4,420,528) (4,921,541) (4,882,692)  
Share of profits and losses for the year 27,663 180,502 270,115 (199,452)  
Share of the joint ventures associates profits and losses for the year 22,335 145,737 48,767 39,335  
Depreciation of right-of-use assets   (767,553) (1,075,825) 108,152  
Depreciation and amortization (excluding the amortization of right-of-use)   (7,910,802) (7,714,418) (7,953,965)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   448,439 259,684 101,098  
Dividends from other financial assets measured at fair value   82,794   109,914  
Unrealized Gains (Loss) On Futures Forward And Option Contracts Net   (10,394) (9,851) 100,967  
Realized gain/(loss) on futures, forward and option contracts, net   523,378 60,671 40,492  
Other income   139,551 84,611 135,367  
Impairment losses on property, plant and equipment (63,884) (416,841) (259,354) (46,484)  
Gain on disposal of subsidiaries (Note 40)   11,305 261,187 3,517  
Impairment losses   (416)      
Change for impairment of inventories   (30,239) 251,131 (353,945)  
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (978,834) (171,016) (107,956)  
Gain (loss) on disposal of associates       (1,904)  
Gain on disposal and dividends of equity investments designated at fair value through other comprehensive income     97,775    
(Loss)/gain on previously held equity interest remeasured at an acquisition-date fair value       748,086  
Investments in joint ventures 517,173   3,385,582 3,393,349 ¥ 3,374,553
Investments in associates $ 1,405,887   9,512,401 6,363,462 9,173,410
Capital expenditure in:          
Intangible assets   7,382 1,155,386 103,304  
Additions   76,779 1,247,858 2,838  
Property, plant and equipment   4,621,319 10,625,017 9,023,820  
Revenue from external customer          
Segment information          
Total revenue   185,994,253 190,215,398 180,350,912  
Self-produced alumina          
Segment information          
Sales of self- produced products   12,465,000 13,330,000 16,561,000  
Self-produced primary aluminum          
Segment information          
Sales of self- produced products   8,784,000 10,689,000 13,517,000  
Self-produced other products          
Segment information          
Sales of self- produced products   243,000 362,000 4,486,000  
Operating segment          
Segment information          
Inter-segment revenue   71,303,112      
Inter-segment elimination          
Segment information          
Inter-segment revenue     69,548,170 68,037,641  
Total revenue   (71,303,112) (69,548,170) (68,037,641)  
Total revenue from contracts with customers (net of value-added tax)   (71,303,112) (69,548,170)    
Segment profit/(loss) before income tax   (68,699) 213,085 198,103  
Alumina | Operating segment          
Segment information          
Inter-segment revenue   (29,436,854) (29,573,401) (29,392,495)  
Total revenue   42,382,097 43,899,982 44,150,937  
Total revenue from contracts with customers (net of value-added tax)   42,295,806 43,690,995    
Segment profit/(loss) before income tax   1,427,294 844,848 3,496,381  
Finance income   42,912 61,644 100,125  
Finance costs   (826,521) (651,238) (399,344)  
Share of profits and losses for the year   75,405 86,245 37,377  
Share of the joint ventures associates profits and losses for the year   4,930 (6,319) (1,141)  
Depreciation of right-of-use assets   (364,655) (495,693) 39,027  
Depreciation and amortization (excluding the amortization of right-of-use)   (2,934,949) (2,830,153) (2,846,051)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   (15,274) (576,669) 53,116  
Realized gain/(loss) on futures, forward and option contracts, net       (716)  
Other income   21,549 21,252 57,777  
Impairment losses on property, plant and equipment   (23,135) (8,742)    
Gain on disposal of subsidiaries (Note 40)     118 7,671  
Change for impairment of inventories   (121,286) 69,740 (54,463)  
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (58,778) 6,837 19,320  
Investments in joint ventures     1,076,085 989,840 1,076,085
Investments in associates     83,424 89,734 88,356
Capital expenditure in:          
Intangible assets   2,157 209,366 99,089  
Additions   12,001 1,080,285 2,786  
Property, plant and equipment   2,317,271 6,490,041 2,564,003  
Alumina | Operating segment | Revenue from external customer          
Segment information          
Total revenue   12,945,243 14,326,581 14,758,442  
Primary aluminum | Operating segment          
Segment information          
Inter-segment revenue   (11,458,500) (11,694,382) (12,457,863)  
Total revenue   51,889,084 49,089,019 53,802,172  
Total revenue from contracts with customers (net of value-added tax)   51,729,483 49,043,864    
Segment profit/(loss) before income tax   2,023,168 687,246 (929,298)  
Finance income   58,437 53,252 54,458  
Finance costs   (1,364,606) (1,328,730) (1,131,622)  
Share of profits and losses for the year       8  
Share of the joint ventures associates profits and losses for the year   (35,328) 11,621 17,102  
Depreciation of right-of-use assets   (234,387) (338,975) 41,175  
Depreciation and amortization (excluding the amortization of right-of-use)   (2,937,761) (3,235,356) (2,954,801)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   456,925 833,288 15,211  
Other income   11,087 716 38,220  
Impairment losses on property, plant and equipment   (388,755) (247,112)    
Change for impairment of inventories   103,524 166,331 (273,796)  
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (14,417) 1,088 (9,406)  
Investments in associates     574,385 558,759 539,058
Capital expenditure in:          
Intangible assets   3,546 949,013 753  
Additions     131,797    
Property, plant and equipment   1,069,086 2,381,644 4,602,580  
Primary aluminum | Operating segment | Revenue from external customer          
Segment information          
Total revenue   40,430,584 37,394,637 41,344,309  
Energy | Operating segment          
Segment information          
Inter-segment revenue   (243,788) (236,136) (198,337)  
Total revenue   7,184,216 7,345,971 7,235,273  
Total revenue from contracts with customers (net of value-added tax)   7,184,216 7,335,347    
Segment profit/(loss) before income tax   (77,235) 403,479 26,020  
Finance income   36,333 35,093 15,744  
Finance costs   (995,572) (1,064,769) (1,047,285)  
Share of profits and losses for the year   35,308 (22,272) (225,377)  
Share of the joint ventures associates profits and losses for the year   (17,905) (32,660) (52,368)  
Depreciation of right-of-use assets   (96,967) (146,139) 9,335  
Depreciation and amortization (excluding the amortization of right-of-use)   (1,943,524) (1,488,077) (1,962,081)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   3,989 (3,982) 24,780  
Dividends from other financial assets measured at fair value       1,000  
Realized gain/(loss) on futures, forward and option contracts, net     60,671 2,855  
Other income   55,561 11,382 29,858  
Impairment losses on property, plant and equipment       (7,450)  
Gain on disposal of subsidiaries (Note 40)     3,014    
Change for impairment of inventories   (15,642) 34,136 (7,884)  
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (108,059) (53,227) (23,327)  
Gain (loss) on disposal of associates       (1,904)  
Gain on disposal and dividends of equity investments designated at fair value through other comprehensive income     1,000    
(Loss)/gain on previously held equity interest remeasured at an acquisition-date fair value       (3,177)  
Investments in joint ventures     79,199 435,867 334,763
Investments in associates     362,757 2,064,425 396,454
Capital expenditure in:          
Intangible assets     (5,062) 2,754  
Additions   59,010 8,411    
Property, plant and equipment   881,810 1,454,659 1,610,442  
Energy | Operating segment | Revenue from external customer          
Segment information          
Total revenue   6,940,428 7,109,835 7,036,936  
Trading | Operating segment          
Segment information          
Inter-segment revenue   (30,058,138) (27,877,188) (25,775,920)  
Sales of self- produced products   21,492,083 24,380,771 34,564,441  
Sales of products sourced from external suppliers   103,842,136 106,677,697 82,192,575  
Total revenue   155,392,357 158,935,656 142,532,936  
Total revenue from contracts with customers (net of value-added tax)   155,308,813 158,882,823    
Segment profit/(loss) before income tax   555,864 958,007 748,495  
Finance income   72,632 105,664 136,603  
Finance costs   (170,937) (224,292) (367,003)  
Share of profits and losses for the year   5,011 3,767 9,010  
Share of the joint ventures associates profits and losses for the year   38,683 36,579 19,375  
Depreciation of right-of-use assets   (21,075) (45,541) 18,615  
Depreciation and amortization (excluding the amortization of right-of-use)   (23,287) (79,365) (108,069)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   2,147 7,271 20,036  
Unrealized Gains (Loss) On Futures Forward And Option Contracts Net   (27,705) (9,851) 100,967  
Realized gain/(loss) on futures, forward and option contracts, net   675,442   47,601  
Other income   33,207 47,666 6,718  
Impairment losses on property, plant and equipment   (4,951) (3,500) (39,034)  
Gain on disposal of subsidiaries (Note 40)     2,738    
Change for impairment of inventories   2,184 (19,076) (17,802)  
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (414,342) (122,420) (84,922)  
Investments in joint ventures     298,991 77,211 43,258
Investments in associates     2,021,964 131,691 1,565,235
Capital expenditure in:          
Intangible assets   1,413 1,869 514  
Additions   2,875 27,365 52  
Property, plant and equipment   328,033 132,841 102,956  
Trading | Operating segment | Revenue from external customer          
Segment information          
Total revenue   125,334,219 131,058,468 116,757,016  
Corporate and other operating segments | Operating segment          
Segment information          
Inter-segment revenue   (105,832) (167,063) (213,026)  
Total revenue   449,611 492,940 667,235  
Total revenue from contracts with customers (net of value-added tax)   449,058 492,624    
Segment profit/(loss) before income tax   (1,705,175) (987,704) (1,267,146)  
Finance income   16,607 5,540 185,392  
Finance costs   (1,062,892) (1,652,512) (1,937,438)  
Share of profits and losses for the year   64,778 202,375 (20,470)  
Share of the joint ventures associates profits and losses for the year   155,357 39,546 56,367  
Depreciation of right-of-use assets   (50,469) (49,477)    
Depreciation and amortization (excluding the amortization of right-of-use)   (71,281) (81,467) (82,963)  
(Losses)/gains on disposal of property, plant and equipment and intangible assets   652 (224) (12,045)  
Dividends from other financial assets measured at fair value   82,794   108,914  
Unrealized Gains (Loss) On Futures Forward And Option Contracts Net   17,311      
Realized gain/(loss) on futures, forward and option contracts, net   (152,064)   (9,248)  
Other income   18,147 3,595 2,794  
Gain on disposal of subsidiaries (Note 40)   11,305 255,317 (4,154)  
Change for impairment of inventories   981      
Reversal of/(provision for) impairment of receivables, net of bad debts recovered   (383,238) (3,294) (9,621)  
Gain on disposal and dividends of equity investments designated at fair value through other comprehensive income     96,775    
(Loss)/gain on previously held equity interest remeasured at an acquisition-date fair value       751,263  
Investments in joint ventures     1,931,307 1,890,431 1,920,447
Investments in associates     6,469,871 3,518,853 ¥ 6,584,307
Capital expenditure in:          
Intangible assets   266 200 194  
Additions   2,893      
Property, plant and equipment   25,119 165,832 143,839  
Corporate and other operating segments | Operating segment | Revenue from external customer          
Segment information          
Total revenue   ¥ 343,779 ¥ 325,877 ¥ 454,209