Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)31 Fixed assets (continued)Group (continued)BankpremisesConstructionin progress Equipment Others TotalCost/deemed costAs at 1 January 2011 57,848 15,639 26,724 19,375 119,586Additions through acquisition – – 10 52 62Additions 3,808 10,150 5,053 3,158 22,169Transfer in/(out) 4,396 (6,233) 62 1,775 –Disposals (361) (623) (1,774) (1,127) (3,885)As at 31 December 2011 65,691 18,933 30,075 23,233 137,932Accumulated depreciationAs at 1 January 2011 (11,646) – (16,360) (7,661) (35,667)Additions through acquisition – – (8) (45) (53)Charge for the year (2,212) – (4,264) (3,921) (10,397)Disposals 97 – 1,667 1,110 2,874As at 31 December 2011 (13,761) – (18,965) (10,517) (43,243)Allowances for impairment losses (Note 37)As at 1 January 2011 (476) – (3) (6) (485)Charge for the year – – – (1) (1)Disposals 17 – 2 – 19As at 31 December 2011 (459) – (1) (7) (467)Net carrying valueAs at 1 January 2011 45,726 15,639 10,361 11,708 83,434As at 31 December 2011 51,471 18,933 11,109 12,709 94,222BankBankpremisesConstructionin progress Equipment Others TotalCost/deemed costAs at 1 January 2012 65,140 18,928 29,765 22,716 136,549Additions 5,247 13,236 7,650 3,814 29,947Transfer in/(out) 6,090 (8,109) 51 1,968 –Disposals (251) (1,236) (1,892) (1,256) (4,635)As at 31 December 2012 76,226 22,819 35,574 27,242 161,861Accumulated depreciationAs at 1 January 2012 (13,680) – (18,762) (10,272) (42,714)Charge for the year (2,518) – (4,629) (4,352) (11,499)Disposals 48 – 1,836 1,243 3,127As at 31 December 2012 (16,150) – (21,555) (13,381) (51,086)Allowances for impairment losses (Note 37)As at 1 January 2012 (459) – (1) (6) (466)Disposals 32 – – 2 34As at 31 December 2012 (427) – (1) (4) (432)Net carrying valueAs at 1 January 2012 51,001 18,928 11,002 12,438 93,369As at 31 December 2012 59,649 22,819 14,018 13,857 110,343136 China Construction Bank Corporation annual report 2012