Prepaid operating leases

12 Months Ended

Dec. 31, 2018

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.


	31.12.2017		31.12.2018		31.12.2018
	RMB’000		RMB’000		US$’000

Current		12,546		12,546		1,875
Non-current		367,270		354,546		52,996

Total		379,816		367,092		54,871


	31.12.2017		31.12.2018		31.12.2018
	RMB’000		RMB’000		US$’000

Cost
At January 1 and December 31		529,577		529,577		79,158


Accumulated amortization
At January 1		137,395		149,761		22,385
Charge for the year		12,366		12,724		1,902

At December 31		149,761		162,485		24,287


Net carrying amount		379,816		367,092		54,871

As of December 31, 2017 & 2018, no prepaid operating leases are pledged to secure bank facilities.