| Reconciliation of reportable segment revenues, profit before income tax, assets and liabilities to the consolidated figures as reported in the consolidated financial statements. |
| 2017 | 2016 | 2015 | ||||||||||||
| Note | RMB million | RMB million | RMB million | |||||||||||
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Revenue |
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Reportable segment revenue |
127,489 | 114,792 | 111,467 | |||||||||||
|
Reclassification of expired sales in advance of carriage |
(i) | 396 | 376 | 459 | ||||||||||
|
Reclassification of sales tax |
(ii) | (65 | ) | (161 | ) | (274 | ) | |||||||
|
Adjustments arising from business combinations under common control |
(v) | (14 | ) | (26 | ) | — | ||||||||
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|
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Consolidated revenue |
127,806 | 114,981 | 111,652 | |||||||||||
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| 2017 | 2016 | 2015 | ||||||||||||
| Note | RMB million | RMB million | RMB million | |||||||||||
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Profit before income tax |
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Reportable segment profit before taxation |
8,798 | 7,647 | 6,341 | |||||||||||
|
Capitalization of exchange difference of specific loans |
(iii) | 47 | 48 | (222 | ) | |||||||||
|
Government grants |
(iv) | 21 | 1 | 1 | ||||||||||
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Adjustments arising from business combinations under common control |
(v) | 8 | (35 | ) | (2 | ) | ||||||||
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Consolidated profit before income tax |
8,874 | 7,661 | 6,118 | |||||||||||
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| 2017 | 2016 | |||||||||||||
| Note | RMB million | RMB million | ||||||||||||
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Assets |
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Reportable segment assets |
218,329 | 200,461 | ||||||||||||
|
Capitalization of exchange difference of specific loans |
(iii) | 196 | 149 | |||||||||||
|
Government grants |
(iv) | (8 | ) | (316 | ) | |||||||||
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Adjustments arising from business combinations under common control |
(v) | 237 | 184 | |||||||||||
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Others |
(36 | ) | (36 | ) | ||||||||||
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|
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Consolidated total assets |
218,718 | 200,442 | ||||||||||||
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| 2017 | 2016 | |||||||||||
| Note | RMB million | RMB million | ||||||||||
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Liabilities |
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Reportable segment liabilities |
156,164 | 145,753 | ||||||||||
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Government grants |
(iv) | — | (287 | ) | ||||||||
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Others |
11 | — | ||||||||||
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Consolidated total liabilities |
156,175 | 145,466 | ||||||||||
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Notes:
| (i) | Expired sales in advance of carriage are recorded under non-operating income in the PRC GAAP financial statements. Such income is recognized as other operating revenue in the IFRS financial statements. |
| (ii) | In accordance with the PRC GAAP, sales tax is separately disclosed rather than deducted from revenue under IFRSs. |
| (iii) | In accordance with the PRC GAAP, exchange difference arising on translation of specific loans and related interest denominated in a foreign currency is capitalized as part of the cost of qualifying assets. Under IFRSs, such exchange difference is recognized in income statement unless the exchange difference represents an adjustment to interest. |
| (iv) | Prior to the year 2017, under the PRC GAAP, special funds granted by the government are accounted for as increase in capital reserve if they are clearly defined on approval documents as part of “capital reserve”. Government grants that relate to the purchase of assets are recognized as deferred income and amortized to profit or loss on a straight line basis over the useful life of the related assets. |
Pursuant to the accounting policy change under PRC GAAP which became effective in 2017, the Group deducted the government grants related to the purchase of assets (other than special funds) from the cost of the related assets. The accounting treatment is consistent with IFRSs.
| (v) | In accordance with the PRC GAAP, the Group accounts for the business combination under common control by applying the pooling-of-interest method. Under the pooling-of-interest method, the difference between the historical carrying amount of the acquiree and the consideration paid is accounted for as an equity transaction. Business combinations under common control are accounted for as if the acquisition had occurred at the beginning of the earliest comparative year presented or, if later, at the date that common control was established; for this purpose, comparative figures are restated under PRC GAAP. Under IFRSs, the Group adopts the purchase accounting method for acquisition of business under common control. |