The following tables indicate the approximate change in the Group’s consolidated statement of profit or loss and other comprehensive income in response to a 1% appreciation or depreciation of the RMB against the following major currencies at the reporting dates:
| 2017 | 2016 | |||||||||||||||
| Effect on other | Effect on other | |||||||||||||||
| Effect on | comprehensive | Effect on | comprehensive | |||||||||||||
| profit or loss | income | profit or loss | income | |||||||||||||
| RMB million | RMB million | RMB million | RMB million | |||||||||||||
|
If RMB (weakens)/strengthens against USD |
(260)/260 | 41/(41 | ) | (377)/377 | 23/(23 | ) | ||||||||||
|
If RMB (weakens)/strengthens against EUR |
(36)/36 | — | (31)/31 | — | ||||||||||||
|
If RMB (weakens)/strengthens against JPY |
(1)/1 | — | (2)/2 | — | ||||||||||||
|
If RMB (weakens)/strengthens against KRW |
(7)/7 | — | (6)/6 | — | ||||||||||||