ALUMINUM CORP OF CHINA LTD | CIK:0001161611 | 3

  • Filed: 4/19/2018
  • Entity registrant name: ALUMINUM CORP OF CHINA LTD (CIK: 0001161611)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161611/000116161118000020/0001161611-18-000020-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161611/000116161118000020/ach-20171231.xml
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  • ifrs-full:DisclosureOfEmployeeBenefitsExplanatory

    29.    EMPLOYEE BENEFIT EXPENSES

    An analysis of employee benefit expenses is as follows:

     

     

     

     

     

     

     

     

        

    2015

        

    2016

        

    2017

     

     

     

     

     

     

     

    Salaries and bonus

     

    3,980,430

     

    3,850,040

     

    4,150,233

    Housing fund

     

    395,699

     

    388,017

     

    391,757

    Staff welfare and other expenses (Note)

     

    1,672,833

     

    1,495,618

     

    1,557,661

    Employment expense in relation to early retirement schemes (note 21)

     

    34,893

     

    132,044

     

    767,632

    Employment expenses in relation to termination benefit

     

    26,753

     

    29,007

     

    30,247

     

     

    6,110,608

     

    5,894,726

     

    6,897,530

     

    Note: Staff welfare and other expenses include staff welfare, staff union expenses, staff education expenses, unemployment insurance expenses and pension insurance expenses, etc.

    Employee benefit expenses include remuneration payables to directors, supervisors and senior management as set out in note 30.