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Annual Report 2012 - TodayIR.com

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Lonking Holdings Limited<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

Notes to the Consolidated Financial Statements<br />

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

6. FINANCE COSTS<br />

An analysis of finance costs from operations is as follows:<br />

Group<br />

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

RMB’000 RMB’000<br />

Interest on bank borrowings<br />

wholly repayable within five years 130,013 149,522<br />

Interest on long-term loan notes 182,112 93,726<br />

Interest on convertible bonds 64,849 116,862<br />

Other finance costs – 35,043<br />

Total interest expense on financial liabilities<br />

not at fair value through profit or loss 376,974 395,153<br />

Less: interest capitalised (35,612) –<br />

341,362 395,153<br />

76

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