ANNUAL%20REPORT%202015%20eng

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Notes to Consolidated Financial Statements 16 INTANGIBLE ASSETS Acquired mining right Softwares Total USD’000 USD’000 USD’000 Cost: At 1 January 2014 701,557 — 701,557 Addition for the year — 7 7 Transfer from Construction in progress (Note 14) — 4,909 4,909 Exchange adjustments — (178) (178) At 31 December 2014 701,557 4,738 706,295 At 1 January 2015 701,557 4,738 706,295 Exchange adjustments — (263) (263) At 31 December 2015 701,557 4,475 706,032 Accumulated amortisation and impairment loss: At 1 January 2014 5,203 — 5,203 Amortisation charge for the year — 3 3 Impairment loss (Note 6(c)) 190,000 — 190,000 Exchange adjustments — — — At 31 December 2014 195,203 3 195,206 At 1 January 2015 195,203 3 195,206 Amortisation charge for the year — 452 452 Impairment loss (Note 6(c)) — — — Exchange adjustments — (6) (6) At 31 December 2015 195,203 449 195,652 Carrying amount: At 31 December 2015 506,354 4,026 510,380 At 31 December 2014 506,354 4,735 511,089 Acquired mining right represents the mining right acquired during the acquisition of BN mine. Annual Report 2015 159
Notes to Consolidated Financial Statements 17 INTERESTS IN SUBSIDIARIES The following list contains only the particulars of subsidiaries which principally affected the results, assets or liabilities of the Group. The class of shares held is ordinary unless otherwise stated. Name of company Place of incorporation and business Particulars of issued and paid up capital Equity attributable to the Company Direct Indirect Principal activities Mongolian Coal Corporation Limited Hong Kong 1 share of HKD1 each 100% — Investment holding Mongolian Coal Corporation S.à.r.l. Luxembourg 6,712,669 shares of USD10 each — 100% Investment holding Energy Resources Corporation LLC Mongolia 103,800,000 shares of USD1 each — 100% Investment holding Energy Resources LLC Mongolia 75,000,185 shares of USD2 each Energy Resources Rail LLC Mongolia 15,300,000 shares of MNT1,000 each Transgobi LLC Mongolia 9,122,642 shares of MNT1,000 each Tavan Tolgoi Airport LLC Mongolia 5,795,521 shares of MNT1,000 each Enrestechnology LLC Mongolia 374,049,073 shares of MNT1,000 each — 100% Mining and trading of coals — 100% Railway project management — 100% Coal haulage and logistics management — 100% Airport operation and management — 100% Coal plant management Ukhaa Khudag Water Supply LLC Mongolia 96,016,551 shares of MNT1,000 each — 100% Water exploration and supply management United Power LLC Mongolia 100,807,646 shares of MNT1,000 each Gobi Road LLC Mongolia 50,000 shares of MNT1,000 each Khangad Exploration LLC Mongolia 34,532,399 shares of USD1 each Baruun Naran S.à.r.l. Luxembourg 24,918,394 shares of EUR1 each — 100% Power supply project management — 100% Construction of road — 100% Exploration and development of coal mine — 100% Investment holding 160 Annual Report 2015
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(Incorporated in the Cayman Islands
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Company Profile Mongolian Mining Co
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Corporate Information BOARD OF DIRE
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Directors and Senior Management BOA
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Directors and Senior Management Gan
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Directors and Senior Management Une
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Directors and Senior Management SEN
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Group Structure 14 Annual Report 20
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Chairman’s Statement I believe th
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Management Discussion and Analysis
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Sustainability Report OUR APPROACH
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Sustainability Report Fair operatin
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Sustainability Report Figure 3. HR
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Sustainability Report The Company
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Sustainability Report In September
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Sustainability Report Figure 5. LTI
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Sustainability Report Biodiversity
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Sustainability Report In 2015, appr
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Sustainability Report There are num
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Sustainability Report OUR COMMUNITY
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Sustainability Report We receive gr
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Sustainability Report As part of th
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Sustainability Report Procurement W
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Corporate Governance Report BOARD O
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Corporate Governance Report Continu
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Corporate Governance Report Remuner
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Corporate Governance Report The Cor
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Corporate Governance Report SHAREHO
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Directors’ Report The Directors s
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Directors’ Report Risk Management
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Directors’ Report FINANCIAL STATE
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Directors’ Report DIRECTORS’ SE
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Directors’ Report DIRECTORS’ AN
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Directors’ Report The basis of el
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Directors’ Report Details of the
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Directors’ Report RIGHTS TO PURCH
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Directors’ Report ER pledged its
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Directors’ Report At the time of
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Appendix I Criteria Commentary •
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Appendix I Criteria Commentary •
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ANNUAL%20REPORT%202015%20eng

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