12. OTHER NON-CURRENT ASSETS
|
|
|
December 31, |
|
December 31, |
|
|
|
2016 |
|
2017 |
|
Financial assets |
|
|
|
|
|
-Receivables from disposal of Guizhou Branch's aluminum properties |
|
1,060,682 |
|
— |
|
-Other long-term receivables |
|
305,677 |
|
261,156 |
|
|
|
1,366,359 |
|
261,156 |
|
Prepayment for mining rights |
|
769,108 |
|
801,657 |
|
Long-term prepaid expenses |
|
389,076 |
|
484,536 |
|
Deferred losses for sale and leaseback transactions (Note) |
|
1,172,671 |
|
1,234,376 |
|
Others |
|
490,907 |
|
739,167 |
|
|
|
2,821,762 |
|
3,259,736 |
|
|
|
4,188,121 |
|
3,520,892 |
Note: As disclosed in note 20, the Group entered into several sale and leaseback agreements which constitute finance leases during the year. The deferred losses resulted from the sale are classified as other non-current assets and were amortized over the useful lives of the assets leased back.
As at December 31, 2017, all amounts were denominated in RMB (December 31, 2016, all amounts were denominated in RMB).
As at December 31, 2017, except for other long-term receivables from Shanxi Huaxing Alumina Co., Ltd. (“Shanxi Huaxing”) amounting to RMB97 million (December 31, 2016: RMB 112million) which was an interest-bearing asset, all amounts in other non-current assets were non-interest-bearing (December 31, 2016: all non-interest-bearing).