SINOPEC SHANGHAI PETROCHEMICAL CO LTD | CIK:0000908732 | 3

  • Filed: 4/27/2018
  • Entity registrant name: SINOPEC SHANGHAI PETROCHEMICAL CO LTD (CIK: 0000908732)
  • Generator: Unknown
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/908732/000119312518138156/0001193125-18-138156-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/908732/000119312518138156/shi-20171231.xml
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  • ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory

    9 Finance income and expenses

     

         2015
    RMB’000
         2016
    RMB’000
         2017
    RMB’000
     

    Interest income

         49,302        133,484        268,379  

    Net foreign exchange gain

         —          3,818        —    
      

     

     

        

     

     

        

     

     

     

    Finance income

         49,302        137,302        268,379  
      

     

     

        

     

     

        

     

     

     

    Interest on bank and other borrowings

         (215,460      (56,080      (55,188

    Less: amounts capitalized on qualifying assets

         3,518        2,463        804  
      

     

     

        

     

     

        

     

     

     

    Net interest expense

         (211,942      (53,617      (54,384

    Net foreign exchange loss

         (81,139      —          (6,663
      

     

     

        

     

     

        

     

     

     

    Finance expenses

         (293,081      (53,617      (61,047
      

     

     

        

     

     

        

     

     

     

    Finance (expenses)/income - net

         (243,779      83,685        207,332