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2006 Interim Report-A Share.pdf - 中国银行

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(ii)<br />

Deposit<br />

<strong>2006</strong> 2005<br />

At 1 January 38,869 -<br />

Deposits received during the period/year 156,679 42,972<br />

Deposits repaid and other changes during the period/year (173,709) (4,103)<br />

At 30 June / 31 December 21,839 38,869<br />

The Deposits from Huijin are under commercial terms and at market rates.<br />

(2) Transactions with other companies controlled by Huijin<br />

Huijin also has controlling equity interests in certain other financial institutions in the PRC. The Group enters into<br />

banking transactions with these entities in the normal course of its business under commercial terms and at market<br />

rates. These include trading assets, investment securities and money market transactions. The Bank has no material<br />

balance with these entities as of 30 June, <strong>2006</strong>.<br />

(3) Transactions with shareholders holding 5% or more ordinary shares<br />

As at 30 June <strong>2006</strong>, in addition to Huijin, the shareholder holding 5% or more ordinary shares of the Bank is RBS<br />

China Investments S.à.r.l. The Bank had no significant transactions with this shareholder between 1 January <strong>2006</strong><br />

and 30 June <strong>2006</strong> and had no material balances with this shareholder as of 30 June <strong>2006</strong>.<br />

(4) Transactions with associates<br />

In the ordinary course of business, the Group enters into business transactions with its associates(Note III.7), including<br />

lending, deposit taking, debt securities purchasing and other normal banking businesses. The transactions with these<br />

associates are conducted on the same pricing principles as for the transactions with any independent third party. The<br />

loans and deposits balances with associates and outstanding debt securities issued by associates at the period end are<br />

stated below. The related interest income and expense are not considered significant.<br />

(i)<br />

Loans<br />

<strong>2006</strong> 2005<br />

At 1 January 7,240 1,246<br />

Loans granted during the period/year 18 8,128<br />

Loan repayments during the period/year (6,095) (989)<br />

Loans written off and other changes during the period/year (1,145)<br />

At 30 June/31 December 1,163 7,240<br />

Provisions for loan losses (190) (119)<br />

103

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