CHINA SOUTHERN AIRLINES CO LTD (ifrs-full:DisclosureOfCommitmentsExplanatory)

49	Commitments

(a)

Capital commitments

Capital commitments outstanding as at December 31, 2017 and 2016 not provided for in the financial statements were as follows:


	2017		2016
	RMB million		RMB million
Commitments in respect of aircraft and flight equipment
– authorized and contracted for		86,834		83,532

Investment commitments
– authorized and contracted for
– capital contributions for acquisition of interests in associates		—		170
– share of capital commitments of a joint venture		18		25

		18		195
– authorized but not contracted for
– share of capital commitments of a joint venture		22		19

		40		214

Commitments for other property, plant and equipment
– authorized and contracted for		6,386		2,297
– authorized but not contracted for		15,636		19,312

		22,022		21,609

		108,896		105,355

As at December 31, 2017 and 2016, the approximate total future payments, including estimated amounts for price escalation through anticipated delivery dates for aircraft and flight equipment are as follows:


	2017		2016
	RMB million		RMB million
2017		—		25,971
2018		28,125		24,355
2019		28,370		17,878
2020		22,686		13,871
2021 and afterwards		7,653		1,457

		86,834		83,532

(b)

Operating lease commitments

As at December 31, 2017 and 2016, the total future minimum lease payments under non-cancellable operating leases in respect of properties, aircraft and flight equipment are as follows:


	2017		2016
	RMB million		RMB million
Payments due:
Within 1 year		8,283		7,948
After 1 year but within 5 years		31,175		27,140
After 5 years		30,007		26,127

		69,465		61,215

CHINA SOUTHERN AIRLINES CO LTD | CIK:0001041668 |

ifrs-full:DisclosureOfCommitmentsExplanatory