2012 Annual Report - ZTE

ZTE CORPORATIONNotes to Financial Statements (continued)(Prepared in accordance with PRC ASBEs)(All amounts in RMB’000 unless otherwise stated)(English translation for reference only)VI.RELATIONSHIPS AND TRANSACTIONS WITH RELATED PARTIES (continued)5. Major transactions between the Group and related parties (continued)(1) The transaction of goods with related parties: (continued)Purchase of goods from related parties: (continued)In 2012, purchases from related parties accounted for 2.56% of the Group’s total purchases(2011: 2.33%).**** Investments in Nationz Technologies was reclassified from investment in an associate to financial assets measuredat fair value and dealt with in the profit and loss of the current period the of the Company following a change in theCompany’s intentions for shareholdings in Nationz Technologies, a former associate, in May 2011. For 2012, NationzTechnologies was no longer a related party of the Company.(2) Leasing with related parties:Lease of properties to related parties:2012Property leasedStartingdateEndingdateLease gainrecognisedfor the yearZhongxing Development Company Office 1/1/2011 12/31/2012 1,696Limited**北 京 協 力 超 越 科 技 有 限 公 司 Office 1/1/2011 12/31/2012 37Shenzhen Zhongxing WXTOffice 8/9/2011 3/31/2012 17Equipment Company LimitedZhongxing Energy (Shenzhen) Office 12/1/2011 3/31/2012 150Company LimitedZhongxing Energy (Hubei)Office 7/1/2011 6/30/2014 211Company LimitedShenzhen ZhongxingxinOffice 12/1/2011 11/30/2014 293Telecommunications EquipmentCompany LimitedShenzhen Zhongxing Hetai Hotel Property and 7/1/2012 6/30/2013 4,040Investment and ManagementCompany Limitedequipment andfacilities南 京 中 興 和 泰 酒 店 管 理 有 限 公 司 Property andequipment andfacilities7/1/2012 6/30/2013 2,138上 海 市 和 而 泰 酒 店 投 資 管 理有 限 公 司西 安 中 興 和 泰 酒 店 管 理 有 限 公 司Property andequipment andfacilitiesProperty andequipment andfacilities7/1/2012 6/30/2013 4,9707/1/2012 6/30/2013 2,948258