Prepaid operating leases

12 Months Ended

Dec. 31, 2017

13.

Prepaid operating leases

Yuchai is granted land use rights of 15 to 50 years in respect of such land. Prepaid operating leases represent those amounts paid for land use rights to the PRC government.


	31.12.2016		31.12.2017		31.12.2017
	RMB’000		RMB’000		US$’000

Current		12,546		12,546		1,982
Non-current		379,636		367,270		58,026

Total		392,182		379,816		60,008


	31.12.2016		31.12.2017		31.12.2017
	RMB’000		RMB’000		US$’000

Cost
At January 1 and December 31		529,577		529,577		83,669


Accumulated amortization
At January 1		124,576		137,395		21,707
Charge for the year		12,819		12,366		1,954

At December 31		137,395		149,761		23,661


Net carrying amount		392,182		379,816		60,008

As of December 31, 2017, prepaid operating leases with a carrying amount of RMB Nil (US$Nil) (2016: RMB 71,022) are pledged to secure bank facilities.