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Interest receivables, net of credit impairment losses
 12 Months Ended
Dec. 31, 2019
14. Interest receivables, net of credit impairment losses

 

 

As at December 31,

 

 

 

2018

 

 

2019

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Interest receivables

 

 

 8,839

 

 

 

 -

 

Less: credit impairment losses

 

 

 (1,782 )

 

 

 -

 

Interest receivable, net of credit impairment losses

 

 

 7,057

 

 

 

 -

 

 

As of December 31, 2019, the interest receivables are nil as the Group does not have any loans receivable that is not credit-impaired.

 

The table below provides the changes in credit impairment losses between the beginning and the end of the annual period:

 

 

 

As at December 31,

 

 

 

2018

 

 

2019

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Credit impairment losses as at January 1

 

 

 508

 

 

 

 1,782

 

Changes on initial application of IFRS 9

 

 

 1,944

 

 

 

 -

 

Transfer to loans receivable credit impairment losses

 

 

 (670 )

 

 

 (1,782 )

Credit impairment losses as at December 31

 

 

 1,782

 

 

 

 -