35.

Financial assets and financial liabilities


	Note		Financial assets at fair value through profit or loss		Financial assets at amortised costs		Other financial liabilities at amortized cost		Total
			RMB’000		RMB’000		RMB’000		RMB’000

As at December 31, 2017

Financial assets
Quoted equity securities		19		24,714		—		—		24,714
Trade and bill receivables		20		—		7,031,544		—		7,031,544
Other receivables		20		—		133,295		—		133,295
Cash and bank balances		21		—		6,029,207		—		6,029,207

				24,714		13,194,046		—		13,218,760


Financial liabilities
Trade and other payables		26		—		—		7,432,987		7,432,987
Loans and borrowings		16(b)		—		—		1,626,341		1,626,341
Other liabilities		16(a)		—		—		79		79

				—		—		9,059,407		9,059,407


	Note		Financial assets at fair value through profit or loss		Financial assets at amortised costs		Fair Value through OCI		Other financial liabilities at amortized cost		Total		Total
			RMB’000		RMB’000		RMB’000		RMB’000		RMB’000		US$’000

As at December 31, 2018

Financial assets
Quoted equity securities		19		21,876		—		—		—		21,876		3,270
Derivative not designated as hedges – foreign exchange forward contract		19		4,529		—		—		—		4,529		677
Trade and bill receivables		20		—		408,000		6,981,106		—		7,389,106		1,104,483
Other receivables		20		—		137,476		—		—		137,476		20,549
Cash and bank balances		21		—		6,128,522		—		—		6,128,522		916,058

				26,405		6,673,998		6,981,106		—		13,681,509		2,045,037


Financial liabilities
Trade and other payables		26		—		—		—		7,129,860		7,129,860		1,065,734
Loans and borrowings		16(b)		—		—		—		2,016,092		2,016,092		301,355
Other liabilities		16(a)		—		—		—		48		48		7

				—		—		—		9,146,000		9,146,000		1,367,096

Quoted equity securities relates to the Group’s investment in TCL, which is a company listed on the Main Board of the Singapore Exchange and is involved in investment in real estate and marketing & distributing brands in beauty, wellness and lifestyle categories. Fair values of the quoted equity shares are determined by reference to published price quotations in an active market.

Financial assets/liabilities through profit or loss reflect the positive/negative change in fair value of the foreign exchange forward contract that is not designated in hedge relationships, but are, nevertheless, intended to reduce the level of foreign currency risk.

Changes in liabilities arising from financing activities


	January 1, 2017		Cash flows			Foreign exchange movement		Translation reserve			Others			December 31, 2017
	RMB’000		RMB’000			RMB’000		RMB’000			RMB’000			RMB’000

As at December 31, 2017

Loans and borrowings
- current		894,136		705,109			755		—			—			1,600,000
- non-current		16,270		9,376			879		(184	)		—			26,341
Obligations under finance leases
- current		38		(38	)		—		9			24			33
- non-current		70		—			—		—			(24	)		46

Total liabilities from financing activities		910,514		714,447			1,634		(175	)		—			1,626,420


	January 1, 2018		Cash flows			Foreign exchange movement			Translation reserve		Others			December 31, 2018		December 31, 2018
	RMB’000		RMB’000			RMB’000			RMB’000		RMB’000			RMB’000		US$’000

As at December 31, 2018

Loans and borrowings
- current		1,600,000		400,320			694			—		—			2,001,014		299,101
- non-current		26,341		(11,756	)		(305	)		798		—			15,078		2,254
Obligations under finance leases
- current		33		(33	)		—			—		14			14		2
- non-current		46		—			—			2		(14	)		34		5

Total liabilities from financing activities		1,626,420		388,531			389			800		—			2,016,140		301,362

The ‘Others’ column includes the effect of reclassification of non-current portion of loans and borrowings, including obligations under finance leases due to the passage of time.