The segment results for the year ended December 31, 2017 were as follows:
| Airline | ||||||||||||||||||||
| transportation | Other | |||||||||||||||||||
| operations | segments | Eliminations | Unallocated* | Total | ||||||||||||||||
| RMB million | RMB million | RMB million | RMB million | RMB million | ||||||||||||||||
|
Reportable segment revenue from external customers |
97,698 | 4,023 | — | — | 101,721 | |||||||||||||||
|
Inter-segment sales |
— | 1,018 | (1,018 | ) | — | — | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment revenue |
97,698 | 5,041 | (1,018 | ) | — | 101,721 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment profit before income tax |
6,517 | 363 | — | 1,740 | 8,620 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Other segment information |
||||||||||||||||||||
|
Depreciation and amortization |
13,769 | 190 | — | — | 13,959 | |||||||||||||||
|
Impairment charges (note 10) |
489 | 2 | — | — | 491 | |||||||||||||||
|
Interest income |
2,309 | (96 | ) | (101 | ) | — | 2112 | |||||||||||||
|
Interest expenses |
3,080 | 205 | (101 | ) | — | 3,184 | ||||||||||||||
|
Capital expenditure |
32,149 | 657 | — | — | 32,806 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
The segment results for the year ended December 31, 2016 were as follows:
|
|
|||||||||||||||||||
| Airline | ||||||||||||||||||||
| transportation | Other | |||||||||||||||||||
| operations | segments | Eliminations | Unallocated* | Total | ||||||||||||||||
| RMB million | RMB million | RMB million | RMB million | RMB million | ||||||||||||||||
|
Reportable segment revenue from external customers |
94,338 | 4,222 | — | — | 98,560 | |||||||||||||||
|
Inter-segment sales |
— | 782 | (782 | ) | — | — | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment revenue |
94,338 | 5,004 | (782 | ) | — | 98,560 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment profit before income tax |
5,788 | 397 | — | 322 | 6,507 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Other segment information |
||||||||||||||||||||
|
Depreciation and amortization |
12,378 | 160 | — | — | 12,538 | |||||||||||||||
|
Impairment charges (note 10) |
22 | 7 | — | — | 29 | |||||||||||||||
|
Interest income |
100 | 100 | (104 | ) | — | 96 | ||||||||||||||
|
Interest expenses |
2,553 | 280 | (104 | ) | — | 2,729 | ||||||||||||||
|
Capital expenditure* |
34,631 | 776 | — | — | 35,407 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| * | Capital expenditure consists of additions to property, plant and equipment, investment properties and intangible assets and long-term deferred assets. |
The segment results for the year ended December 31, 2015 were as follows:
| Airline | ||||||||||||||||||||
| transportation | Other | |||||||||||||||||||
| operations | segments | Eliminations | Unallocated* | Total | ||||||||||||||||
| RMB million | RMB million | RMB million | RMB million | RMB million | ||||||||||||||||
|
Reportable segment revenue from external customers |
89,013 | 4,831 | — | — | 93,844 | |||||||||||||||
|
Inter-segment sales |
555 | 468 | (1,023 | ) | — | — | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment revenue |
89,568 | 5,299 | (1,023 | ) | — | 93,844 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Reportable segment profit before income tax |
5,327 | 238 | — | 106 | 5,671 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
Other segment information |
||||||||||||||||||||
|
Depreciation and amortization |
10,727 | 128 | — | — | 10,855 | |||||||||||||||
|
Impairment charges (note 10) |
93 | 1 | — | 134 | 228 | |||||||||||||||
|
Interest income |
69 | 13 | (16 | ) | — | 66 | ||||||||||||||
|
Finance expenses |
1,935 | 270 | (16 | ) | — | 2,189 | ||||||||||||||
|
Capital expenditure |
37,706 | 591 | — | — | 38,297 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
The segment assets and liabilities as at December 31, 2017 and December 31, 2016 were as follows:
|
|
|||||||||||||||||||
| Airline | ||||||||||||||||||||
| transportation | Other | |||||||||||||||||||
| operations | segments | Eliminations | Unallocated* | Total | ||||||||||||||||
| RMB million | RMB million | RMB million | RMB million | RMB million | ||||||||||||||||
|
At December 31, 2017 |
||||||||||||||||||||
|
Reportable segment assets |
216,591 | 13,376 | (5,514 | ) | 3,011 | 227,464 | ||||||||||||||
|
Reportable segment liabilities |
165,148 | 11,301 | (5,514 | ) | 11 | 170,946 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
|
At December 31, 2016 |
||||||||||||||||||||
|
Reportable segment assets |
205,024 | 11,218 | (8,896 | ) | 2,705 | 210,051 | ||||||||||||||
|
Reportable segment liabilities |
159,437 | 9,373 | (8,896 | ) | 41 | 159,955 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| * | Unallocated assets primarily represent investments in associates and joint ventures, and available-for-sale investments. Unallocated results primarily represent the share of results of associates and joint ventures, income relating to available-for-sale investments. |