Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)49 Other liabilitiesGroupBank2012 2011 2012 2011Deferred income 10,150 7,455 10,035 7,296Insurance reserve of CCB life 7,574 2,670 – –Capital expenditure payable 5,831 5,518 5,831 5,517Dormant accounts 2,381 2,193 2,381 2,193Settlement accounts 1,752 452 1,742 452Securities underwriting and redemption payable 1,395 2,000 1,395 2,000Payment and collection clearance accounts 439 572 439 572Payables to China Jianyin Investment Limited 83 107 83 107Others 17,784 14,631 11,978 9,575Total 47,389 35,598 33,884 27,71250 Share capitalGroup and Bank2012 2011Listed in Hong Kong (H share) 240,417 240,417Listed in Mainland China (A share) 9,594 9,594Total 250,011 250,011All H and A shares are ordinary shares, have a par value of RMB1.00 per share and rank pari passu with the same rights and benefits.51 Capital reserveGroupBank2012 2011 2012 2011Share premium 135,118 135,047 135,047 135,047Others 163 131 157 131Total 135,281 135,178 135,204 135,17852 Investment revaluation reserveThe changes in fair value of available-for-sale financial assets were recognised in “investment revaluation reserve”. Movements ofinvestment revaluation reserve are as follows:Group2012Before-taxamountTax (expense)/benefitNet-of-taxamountAs at 1 January 8,492 (2,109) 6,383Losses during the year– Debt securities (1,238) 296 (942)– Equity instruments and funds (1,383) 346 (1,037)(2,621) 642 (1,979)Reclassification adjustments– Impairment (337) 84 (253)– Disposals (1,546) 387 (1,159)– Others 42 (11) 31(1,841) 460 (1,381)As at 31 December 4,030 (1,007) 3,023China Construction Bank Corporation annual report 2012151