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Redeemable Non-controlling Interests (Tables)

12 Months Ended

Dec. 31, 2019

Redeemable Non-controlling Interests

Schedule of redeemable noncontrolling interests

		December 31,		December 31,
		2018		2019
		RMB’000		RMB’000
Balance at beginning of year		—		7,731
Addition		6,706		—
Accretions on the redeemable non‑controlling interests to the redemption value		1,025		1,808
Repurchase		—		(4,803)
Disposal		—		(4,736)
Balance at end of year		7,731		—

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- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

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