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BUSINESS ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2018
Business Acquisitions  
Schedule of the net assets of Bayannaoer Mining


The details of the net assets of Bayannaoer Mining as at November 30, 2017 are as follows:


 

 

 

 

 

November 30,

2017

 

 

 

 

 

 

CNY

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

631

 

Other current assets

 

 

 

 

 

 

361

 

Property, plant and equipment

 

 

 

 

 

 

336

 

Current liabilities

 

 

 

 

 

 

(611

)

 

 

 

 

 

 

 

 

 

Net assets

 

 

 

 

 

 

717

 

Schedule of analysis of the cash flows in respect of the acquisition of Double Grow

An analysis of the cash flows in respect of the acquisition of Bayannaoer Mining in the year 2017 is as follows:


 

 

 

 

 

November 30,

2017

 

 

 

 

 

 

CNY

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

(717

)

Cash and bank balances acquired

 

 

 

 

 

 

631

 

Net cash outflows from the acquisition of Bayannaoer Mining

 

 

 

 

 

 

(86

)