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Other assets
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Other assets
19.

Other assets

 

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

Current

        

Development properties

     23,833        20,267        3,029  

Quoted equity securities(i)

     24,714        21,876        3,270  

Derivative not designated as hedges – foreign exchange forward contract(iii)

     —          4,529        677  
  

 

 

    

 

 

    

 

 

 
     48,547        46,672        6,976  
  

 

 

    

 

 

    

 

 

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

Non-current

        

Deferred expenditure(ii)

     303        —          —    
  

 

 

    

 

 

    

 

 

 

Note:

 

  (i)

The quoted equity securities are listed on the Singapore Exchange.

 

  (ii)

The deferred expenditure relate to the legal fees for an option to purchase for sale of lands entered with a buyer in 2016 and was transferred to the profit or loss upon completion of sales in 2018.

 

  (iii)

On September 19, 2018, Yuchai entered into a non-deliverable forward foreign exchange contract (“NDF”) with China Construction Bank to purchase US$73.0 million at the forward exchange rate (RMB/US$) of 6.8599 on September 13, 2019. The Group accounted for this NDF at fair value through “other operating income” in the statement of profit or loss.