Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)36 Other assetsGroupBankNote 2012 2011 2012 2011Repossessed assets (1)– Buildings 1,398 1,553 1,398 1,549– Land use rights 233 219 233 219– Others 61 60 60 601,692 1,832 1,691 1,828Long-term deferred expenses 625 493 564 462Receivables from CCBIG (2) – – 20,681 18,205Other receivables 20,942 15,920 17,704 13,696Leasehold improvements 2,566 2,401 2,542 2,389Subtotal 25,825 20,646 43,182 36,580Allowances for impairment losses (Note 37)– Repossessed assets (217) (278) (217) (278)– Others (2,273) (2,225) (2,107) (2,225)Total 23,335 18,143 40,858 34,077(1) During the year ended 31 December 2012, the original cost of repossessed assets disposed of by the Group amounted to RMB623 million (2011: RMB473 million). The Group intends to dispose ofrepossessed assets through various methods including auction, competitive bidding and disposal.(2) Receivables from CCBIG represent lending to CCBIG, a wholly owned subsidiary, for acquisition of equity investments and capital injection to other subsidiaries. The receivables are unsecured,non-interest bearing and without fixed repayment term.37 Movements of allowances for impairment lossesGroupNoteAs at1 JanuaryCharge forthe year/(Write-back)2012TransferoutWrite-offsAs at31 DecemberDeposits with banks and non-bank financial institutions 19 9 (1) – (1) 7Placements with banks and non-bank financial institutions 20 65 (9) – (7) 49Interest receivable 24 1 – – – 1Loans and advances to customers 25(3) 171,217 38,330 (461) (6,653) 202,433Held-to-maturity investments 27 3,994 1,126 (29) (1,013) 4,078Debt securities classified as receivables 28 615 406 – – 1,021Fixed assets 31 467 5 – (34) 438Land use rights 32 146 – – (4) 142Intangible assets 33 8 – – – 8Other assets 36 2,503 297 – (310) 2,490Total 179,025 40,154 (490) (8,022) 210,667Transfer out includes the exchange difference.China Construction Bank Corporation annual report 2012143