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Other assets (Tables)
 12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Summary of Other Non Current Assets
 
 
  
31.12.2018
 
  
31.12.2019
 
  
31.12.2019
 
 
  
RMB’000
 
  
RMB’000
 
  
US$’000
 
Current
  
   
  
   
  
   
Development properties
(i)
  
 
20,267
 
  
 
17,721
 
  
 
2,501
 
Quoted equity securities
(ii)
  
 
21,876
 
  
 
9,235
 
  
 
1,304
 
Derivative not designated as hedges – foreign exchange forward contract
(iii)
  
 
4,529
 
  
 
—  
 
  
 
—  
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
  
 
46,672
 
  
 
26,956
 
  
 
3,805
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Note:
 
 
(i)
 
An impairment loss of RMB 3.0 million (US$0.4 million) on development properties (2018: RMB Nil) was charged to the consolidated statement of profit or loss under “Cost of sales”.
 
 
(ii)
 
The quoted equity securities are listed on the Singapore Exchange. In 2019, the Group has disposed some of the quoted equity securities for consideration of RMB 16.4 million (US$2.3 million) and gain on disposal of RMB 11.5 million (US$1.6 million) was recognized in consolidated statement of profit or loss under “other operating income”.
 
 
(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 profit or loss.