CHINA SOUTHERN AIRLINES CO LTD | CIK:0001041668 | 3

  • Filed: 4/26/2018
  • Entity registrant name: CHINA SOUTHERN AIRLINES CO LTD (CIK: 0001041668)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1041668/000119312518134851/0001193125-18-134851-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1041668/000119312518134851/znh-20171231.xml
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    • ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory

         2017
    RMB million    		      2016
    RMB million    		  

    Share of net assets

    		      3,031        2,590  
      

     

     

    		     

     

     

    		  

    All the Group’s associates are unlisted without quoted market price. The particulars of the Group’s principal associates as at December 31, 2017 are as follows:

     

                      Proportion of ownership
    interest held by    		            
        

    Place of
    establishment

    / operation

    		     

    Group’s

    effective

    interest

    		    

    The

    Company

    		     Subsidiaries    

    Proportion

    of voting

    rights held

    by the Group

    		     Principal activity

    Southern Airlines Group Finance Co., Ltd. (“SA Finance”)

    		      PRC        33.98 %      25.28 %      8.70 %      33.98 %    Provision of Airlines

    financial services

    Sichuan Airlines Co., Ltd. (“Sichuan Airlines”)

    		      PRC        39 %      39 %      —         39 %    Airline
    transportation

    SACM

    		      PRC        40 %      40 %      —         40 %    Advertising services

    Xinjiang Civil Aviation Property Management Limited

    		      PRC        42.80 %      42.80 %      —         42.80 %    Property
    management