2006 Interim Reportï¼A Share.pdf - ä¸å½é¶è¡
2006 Interim Reportï¼A Share.pdf - ä¸å½é¶è¡
2006 Interim Reportï¼A Share.pdf - ä¸å½é¶è¡
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Notes to the Condensed Financial Statements<br />
For the six month period ended 30 June <strong>2006</strong><br />
(Amount in millions of Renminbi, unless otherwise stated)<br />
6. Loans and advances to customers (Continued)<br />
(3) Accrual and non-accrual loans<br />
30 June <strong>2006</strong> 31 December 2005<br />
Accrual loans 2,322,496 2,158,232<br />
Non-accrual loans 83,040 76,814<br />
Total 2,405,536 2,235,046<br />
(4) As at 30 June <strong>2006</strong>, loans and advances to customers include bills pledged as collateral under reverse repurchase<br />
agreements amounting to RMB 5,569 million (2005: RMB 11,968 million). Refer to Note IX.2.<br />
7. Equity investments<br />
30 June <strong>2006</strong> 31 December 2005<br />
Investment in associates (1) 5,673 5,100<br />
Other equity investments (2) 6,675 7,043<br />
12,348 12,143<br />
Less: Impairment provision (1,138) (1,243)<br />
11,210 10,900<br />
Equity investments held for trading (at fair value) (3) 3,565 4,493<br />
Total 14,775 15,393<br />
(1) As at 30 June <strong>2006</strong>, the principal associates of the Group are as follows:<br />
Huaneng International Power<br />
Development Corporation<br />
Place of<br />
Paid-in<br />
incorporation/ Equity held capital<br />
establishment (%) (in millions) Principal business<br />
Construct and operate<br />
PRC 20 USD450 electricity factory and<br />
related projects<br />
Securities underwriting,<br />
BOC International (China) Limited<br />
PRC 49 RMB1,500 Investment advisory,<br />
and brokerage services<br />
CJM Insurance Brokers Limited Hong Kong 33 HKD6 Insurance broker<br />
Private inter-bank<br />
Joint Electronic Teller Services Limited Hong Kong 19.96 HKD10 message switching<br />
network and ATM services<br />
Dongfeng Peugeot Citroen<br />
Car loan and financing<br />
Auto Finance Company Ltd<br />
PRC 50 RMB500<br />
services<br />
(2) Other equity investments mainly include: (i) Equity investments held for investment purpose by the Bank's<br />
subsidiaries in Hong Kong; and (ii) Certain historical non-banking equity investments held by domestic operations.<br />
In December 2005, the Bank entered into a contract with China Orient and transfered out most of its historical nonbanking<br />
equity investments.<br />
(3) Equity investments held for trading principally comprise listed shares held by the Bank's subsidiaries in Hong Kong.<br />
84
Change language