| 34 | OTHER EQUITY INSTRUMENTS |
| (a) | Basic information |
| As at 31 December 2016 |
Increase | Decrease | As at 31 December 2017 |
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| RMB million |
RMB million |
RMB million |
RMB million |
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Core Tier 2 Capital Securities |
7,791 | — | — | 7,791 | ||||||||||||
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Total |
7,791 | — | — | 7,791 | ||||||||||||
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The Company issued Core Tier 2 Capital Securities at par with the nominal value of USD1,280 million on 3 July 2015, and obtained an approval to list such securities on the Stock Exchange of Hong Kong Limited, effective on 6 July 2015. The Securities are issued in the specified denomination of USD200,000 and integral multiples of USD1,000 in excess thereof. After a deduction of the issue expense, the total amount of the proceeds raised from this issuance was USD1,274 million or RMB7,791 million. The issued capital securities have a term of 60 years, extendable upon expiry. The initial distribution rate for the first five interest-bearing years is 4.00%, and the Company may redeem the securities at its option at the end of the fifth year after issuance. If the Company does not exercise this option, the rate of distribution will be reset based on comparable US treasury yield plus a margin of 2.294% at the end of the fifth year and every five years thereafter.
| (b) | Equity attributable to equity holders |
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As at 31 December 2017 |
As at 31 December 2016 |
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| RMB million | RMB million | |||||||
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Equity attributable to equity holders of the Company |
320,933 | 303,621 | ||||||
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Equity attributable to ordinary equity holders of the Company |
313,142 | 295,830 | ||||||
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Equity attributable to other equity instruments holders of the Company |
7,791 | 7,791 | ||||||
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Equity attributable to non-controlling interests |
4,377 | 4,027 | ||||||
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Equity attributable to ordinary equity holders of non-controlling interests |
4,377 | 4,027 | ||||||
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Refer to Note 31 for the information of distribution to other equity instruments holders of the Company for the year ended 31 December 2017. As at 31 December 2017, there were no accumulated distributions unpaid attributable to other equity instrument holders of the Company.