CHINA LIFE INSURANCE CO LTD | CIK:0001268896 | 3

  • Filed: 4/25/2018
  • Entity registrant name: CHINA LIFE INSURANCE CO LTD (CIK: 0001268896)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1268896/000119312518130051/0001193125-18-130051-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1268896/000119312518130051/lfc-20171231.xml
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  • ifrs-full:DisclosureOfDeferredTaxesExplanatory

    (d) The analysis of deferred tax assets and deferred tax liabilities is as follows:

     

         As at 31
    December 2017
    RMB million
         As at 31
    December 2016
    RMB million
     

    Deferred tax assets:

         

    - deferred tax assets to be recovered after 12 months

         1,980        3,024  

    - deferred tax assets to be recovered within 12 months

         4,493        3,626  
      

     

     

        

     

     

     

    Subtotal

         6,473        6,650  
      

     

     

        

     

     

     

    Deferred tax liabilities:

         

    - deferred tax liabilities to be settled after 12 months

         (9,131      (13,037

    - deferred tax liabilities to be settled within 12 months

         (2,213      (1,381
      

     

     

        

     

     

     

    Subtotal

         (11,344      (14,418
      

     

     

        

     

     

     

    Net deferred tax liabilities

         (4,871      (7,768