Annual Report 2012

Statement of financial positionAs at 31 December 2012(Expressed in millions of RMB, unless otherwise stated)Assets:Note 2012 2011Cash and deposits with central banks 18 2,443,276 2,373,493Deposits with banks and non-bank financial institutions 19 584,538 279,861Precious metals 38,419 22,718Placements with banks and non-bank financial institutions 20 138,015 110,533Financial assets at fair value through profit or loss 21 16,206 8,715Positive fair value of derivatives 22 11,667 13,073Financial assets held under resale agreements 23 316,624 200,045Interest receivable 24 67,581 56,420Loans and advances to customers 25 7,142,317 6,189,363Available-for-sale financial assets 26 681,416 663,583Held-to-maturity investments 27 1,915,811 1,742,342Debt securities classified as receivables 28 217,741 299,765Investments in subsidiaries 29 16,676 11,950Fixed assets 31 110,343 93,369Land use rights 32 16,181 16,404Intangible assets 33 1,564 1,176Deferred tax assets 35 27,517 22,003Other assets 36 40,858 34,077Total assets 13,786,750 12,138,890Liabilities:Borrowings from central banks 6,169 2,210Deposits from banks and non-bank financial institutions 39 980,497 970,033Placements from banks and non-bank financial institutions 40 77,640 45,654Financial liabilities at fair value through profit or loss 41 34,533 30,966Negative fair value of derivatives 22 10,045 12,354Financial assets sold under repurchase agreements 42 891 11,594Deposits from customers 43 11,250,000 9,906,093Accrued staff costs 44 31,822 35,182Taxes payable 45 52,862 46,950Interest payable 46 122,804 80,312Provisions 47 5,058 5,180Debt securities issued 48 245,024 158,050Deferred tax liabilities 35 – 23Other liabilities 49 33,884 27,712Total liabilities 12,851,229 11,332,313Equity:Share capital 50 250,011 250,011Capital reserve 51 135,204 135,178Investment revaluation reserve 52 3,078 6,472Surplus reserve 53 86,718 67,576General reserve 54 79,444 66,645Retained earnings 55 381,844 281,491Exchange reserve (778) (796)Total equity 935,521 806,577Total liabilities and equity 13,786,750 12,138,890Approved and authorised for issue by the Board of Directors on 22 March 2013.Zhang Jianguo Wong Kai-Man Zhao XijunVice chairman, executive director and president Independent non-executive director Independent non-executive directorThe notes on pages 99 to 208 form part of these financial statements.94 China Construction Bank Corporation annual report 2012