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Loans receivables, net of credit impairment losses (Tables)
12 Months Ended
Dec. 31, 2019
Schedule of loans receivables

 

 

As at December 31,

 

 

 

2018

 

 

2019

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Loans receivable at amortized cost(1)

 

 

823,770

 

 

 

765,034

 

Accrued interest

 

 

153,181

 

 

 

273,923

 

Gross loans receivable

 

 

976,951

 

 

 

1,038,957

 

Less: Credit impairment losses

 

 

(397,297 )

 

 

(423,773 )

Loans receivable, net of credit impairment losses

 

 

579,654

 

 

 

615,184

 

 

Schedule of changes in credit impairment losses of loans receivable

 

 

As at December 31,

 

 

 

2018

 

 

2019

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Credit impairment losses as at January 1

 

 

26,724

 

 

 

397,297

 

Changes on initial application of IFRS 9

 

 

304,238

 

 

 

-

 

Transfer from interest receivable credit impairment losses

 

 

-

 

 

 

1,782

 

Charge to statement of profit

 

 

67,574

 

 

 

24,694

 

Write-off

 

 

(1,239 )

 

 

-

 

Credit impairment losses as at December 31

 

 

397,297

 

 

 

423,773