The carrying amounts and fair values of the Group’s financial instruments, other than those with carrying amounts that reasonably approximate to fair values, were as follows:
| 2017 | 2016 | |||||||||||||||
| Carrying | Carrying | |||||||||||||||
| amounts | Fair values | amounts | Fair values | |||||||||||||
| RMB million | RMB million | RMB million | RMB million | |||||||||||||
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Financial assets |
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Deposits relating to aircraft held under operating leases included in other non-current assets |
217 | 193 | 285 | 258 | ||||||||||||
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Financial liabilities |
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Long-term borrowings |
24,711 | 23,812 | 27,890 | 28,075 | ||||||||||||
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Obligations under finance leases |
57,627 | 57,352 | 54,594 | 50,408 | ||||||||||||
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Total |
82,338 | 81,164 | 82,484 | 78,483 | ||||||||||||
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