25. | NET FINANCE COSTS |
Year ended December 31, | ||||||||||||
2015 | 2016 | 2017 | ||||||||||
RMB | RMB | RMB | ||||||||||
(restated) | (restated) | |||||||||||
Interest expense incurred |
4,901 | 4,200 | 3,913 | |||||||||
Less: Interest expense capitalized* |
(327 | ) | (498 | ) | (327 | ) | ||||||
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Net interest expense |
4,574 | 3,702 | 3,586 | |||||||||
Interest income |
(376 | ) | (354 | ) | (429 | ) | ||||||
Foreign exchange losses |
154 | 209 | 664 | |||||||||
Foreign exchange gains |
(79 | ) | (322 | ) | (530 | ) | ||||||
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4,273 | 3,235 | 3,291 | ||||||||||
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* Interest expense was capitalized in construction in progress at the following rates per annum |
3.5%-5.5% | 4.1%-5.0% | 3.9%-4.9% | |||||||||
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