| 2016 | BOC RMB’000 |
Jinpu RMB’000 |
Yangu Gas RMB’000 |
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| Opening net assets 1 January |
327,572 | 79,963 | 104,964 | |||||||||
| Profit/(loss) for the year |
50,485 | (82,690 | ) | (2,651 | ) | |||||||
| Other comprehensive income |
— | — | — | |||||||||
| Declared dividends |
(66,250 | ) | — | (1,200 | ) | |||||||
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| Closing net assets/(deficit)(a) |
311,807 | (2,727 | ) | 101,113 | ||||||||
| % of ownership interest |
50.00 | % | 50.00 | % | 50.00 | % | ||||||
| Interest in joint ventures |
155,903 | — | 50,558 | |||||||||
| Unrealized downstream transactions |
(15,764 | ) | — | — | ||||||||
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| Carrying value |
140,139 | — | 50,558 | |||||||||
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| 2017 | BOC RMB’000 |
Jinpu RMB’000 |
Yangu Gas RMB’000 |
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| Opening net assets 1 January |
311,807 | (2,727 | ) | 101,113 | ||||||||
| Profit/(loss) for the year |
81,269 | (6,605 | ) | (1,172 | ) | |||||||
| Other comprehensive income |
— | — | — | |||||||||
| Declared dividends |
(44,000 | ) | — | — | ||||||||
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| Closing net assets (a) |
349,076 | (9,332 | ) | 99,941 | ||||||||
| % of ownership interest |
50.00 | % | — | 50.00 | % | |||||||
| Interest in joint ventures |
174,538 | — | 49,972 | |||||||||
| Unrealized downstream transactions |
(12,261 | ) | — | — | ||||||||
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| Carrying value |
162,277 | — | 49,972 | |||||||||
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| (a) | Jinpu was disposed of in August 2017 and the related profit of RMB 10,339 thousands was accounted for in other gains/(losses) - net. The Group’s share of losses in Jinpu exceeded RMB 2,727 thousands to its interest during the year ended 31 December, cumulatively exceeded RMB 2,727 thousands to its investment as at 31 December 2016 . |