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Annual Report 2012

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)<br />

for the year ended 31 December <strong>2012</strong><br />

53 SEGMENT REPORTING (Continued)<br />

(1) Information of reportable segmental revenues, profits or losses, assets and liabilities (Continued)<br />

Segment capital expenditure is the total cost incurred during the year to acquire segment assets that are expected to be used for more than one<br />

year.<br />

<strong>2012</strong> 2011<br />

RMB millions RMB millions<br />

Capital expenditure<br />

Exploration and production 78,272 58,749<br />

Refining 32,161 25,767<br />

Marketing and distribution 27,232 28,517<br />

Chemicals 18,996 15,015<br />

Others 2,061 2,136<br />

158,722 130,184<br />

Depreciation, depletion and amortisation<br />

Exploration and production 39,283 35,455<br />

Refining 12,270 11,519<br />

Marketing and distribution 8,792 7,202<br />

Chemicals 8,883 8,457<br />

Others 1,228 1,183<br />

70,456 63,816<br />

Impairment losses on long-lived assets<br />

Exploration and production 1,006 2,153<br />

Refining — 78<br />

Marketing and distribution 8 271<br />

Chemicals — 308<br />

Others — 1<br />

1,014 2,811<br />

(2) Geographical information<br />

The following tables set out information about the geographical information of (i) the Group’s external sales and (ii) the Group’s non-current<br />

assets, excluding financial instruments and deferred tax assets. In presenting information on the basis of geographical segments, segment<br />

revenue is based on the geographical location of customers, and segment assets are based on the geographical location of the assets.<br />

<strong>2012</strong> 2011<br />

RMB millions RMB millions<br />

External sales<br />

Mainland China 2,088,043 1,947,749<br />

Others 698,002 557,934<br />

2,786,045 2,505,683<br />

Non-current assets<br />

Mainland China 862,044 762,805<br />

Others 22,123 24,375<br />

884,167 787,180<br />

127<br />

CHINA PETROLEUM & CHEMICAL CORPORATION <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

Financial Statements (PRC)

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