XML 35 R28.htm IDEA: XBRL DOCUMENT
v3.8.0.1

SEGMENT INFORMATION | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure of operating segments [abstract] |
SEGMENT INFORMATION |
22. | SEGMENT INFORMATION
Prior to the disposal of Wuhu Feishang and Double Grow (Note 3) and acquisition of Bayannaoer Mining (Note 5), the Group operated in operating segments: exploration and mining-non-ferrous metals and copper smelting. As at December 31, 2017, the Company has one operating segment: exploration and mining. The accounting policies for the segment is as described in the summary of significant accounting policies. The Group evaluates performance based on operating earnings of the respective business units. The segment analysis below is provided for the Group's continuing operations, and does not include any amount for discontinued operations, namely the exploration and mining-non-ferrous metals and copper smelting. Management monitors the results of the Group's operating segments separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on reportable segment profit/loss, which is a measure of adjusted profit/loss before tax from continuing operations. The adjusted profit/loss before tax from continuing operations is measured consistently with the Group's profit/loss before tax from continuing operations except that interest income, finance costs as well as head office and corporate expenses are excluded from such measurement. As disclosed in Note 3 to the consolidated financial statements, the Group has disposed of its equity interests of Wuhu Feishang and Double Grow in the exploration and mining-non-ferrous metals segment and copper smelting segment on March 3, 2017 and December 29, 2017, respectively. Accordingly, the exploration and mining-non-ferrous metals segment and copper smelting segment have been classified as discontinued operations and were excluded from the segment information for each of the three years in the period ended December 31, 2017. For the year ended December 31, 2017, the segment results were as follows:
|  |  | CNY
|  |  | Exploration and mining |  | Corporate activities |  | Total |
From continuing operations: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  | 5 |  |  | 3 |  |  | 8 |
Operating loss |  |  |  | 258 |  |  | 5,946 |  |  | 6,204 |
Interest income |  |  |  | 1 |  |  | 38 |  |  | 39 |
Finance costs |  |  |  | — |  |  | 14 |  |  | 14 |
Loss for the year from continuing operations |  |  |  | 257 |  |  | 5,922 |  |  | 6,179 |
Total assets |  |  |  | 705 |  |  | 29,043 |  |  | 29,748 |
Total liabilities |  |  |  | 509 |  |  | 44,744 |  |  | 45,253 |
|  |  | US$
|  |  | Exploration and mining |  | Corporate activities |  | Total |
From continuing operations: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 1 |  |  | — |  |  | 1 |
Operating loss |  |  | 40 |  |  | 913 |  |  | 953 |
Interest income |  |  | — |  |  | 6 |  |  | 6 |
Finance costs |  |  | — |  |  | 2 |  |  | 2 |
Loss for the year from continuing operations |  |  | 39 |  |  | 910 |  |  | 949 |
Total assets |  |  | 108 |  |  | 4,464 |  |  | 4,572 |
Total liabilities |  |  | 78 |  |  | 6,878 |  |  | 6,956 |
For the year ended December 31, 2016, the segment results were as follows:
|  |  |  |  | CNY |
|  |  |  |  | Corporate activities |  | Total |
|  |  |  |  | (Restated) |  | (Restated) |
From continuing operations: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  | 2 |  |  | 2 |
Operating loss |  |  |  |  |  | 4,519 |  |  | 4,519 |
Interest income |  |  |  |  |  | 75 |  |  | 75 |
Finance costs |  |  |  |  |  | 1 |  |  | 1 |
Loss for the year from continuing operations |  |  |  |  |  | 4,445 |  |  | 4,445 |
Total assets |  |  |  |  |  | 94,793 |  |  | 94,793 |
Total liabilities |  |  |  |  |  | 81,598 |  |  | 81,598 |
For the year ended December 31, 2015, the segment results were as follows:
|  |  |  |  | CNY |
|  |  |  |  | Corporate activities |  | Total |
|  |  |  |  | (Restated) |  | (Restated) |
From continuing operations: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  | 4 |  |  | 4 |
Operating loss |  |  |  |  |  | 3,577 |  |  | 3,577 |
Interest income |  |  |  |  |  | 164 |  |  | 164 |
Finance costs |  |  |  |  |  | 2 |  |  | 2 |
Foreign exchange difference, net |  |  |  |  |  | 354 |  |  | 354 |
Income tax expense |  |  |  |  |  | 1,504 |  |  | 1,504 |
Loss for the year from continuing operations |  |  |  |  |  | 5,273 |  |  | 5,273 |
Total assets |  |  |  |  |  | 111,057 |  |  | 111,057 |
Total liabilities |  |  |  |  |  | 128,856 |  |  | 128,856 |
The reconciliation of loss for the year from continuing operations to net loss is as follows:
|  | 2015 |  |  | 2016 |  |  | 2017 |  |  | 2017 |
|  |  | CNY |  |  |  | CNY |  |  |  | CNY |  |  |  | US$ |
|  |  | (Restated) |  |  |  | (Restated) |  |  |  |  |  |  |  |  |
Loss for the year from continuing operations |  |  | (5,273 | ) |  |  | (4,445 | ) |  |  | (6,179 | ) |  |  | (949 | )
Loss for the year from discontinued operations |  |  | (36,176 | ) |  |  | (18,591 | ) |  |  | (23,817 | ) |  |  | (3,660 | )
Net loss |  |  | (41,449 | ) |  |  | (23,036 | ) |  |  | (29,996 | ) |  |  | (4,609 | )

X
- Definition The entire disclosure for operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration