China Communications Services Corporation Limited Annual Report 2015
134
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
20. GOODWILL
(continued)
Key assumptions used for the value in use calculations for these entities are the gross margin and revenue. Management
determined the budgeted gross margin based on the gross margin achieved in the period immediately before the budget
period and its expectation of the trend of major telecommunication operators’ capital expenditure. Revenue was based on
the revenue in the period immediately before the budget period.
21. OTHER INTANGIBLE ASSETS
2015
2014
RMB’000
RMB’000
Cost:
As at 1 January
562,522
458,856
Additions
62,778
80,513
Transfer from construction in progress (note 18)
55,242
33,922
Disposals
(7,086)
(10,769)
As at 31 December
673,456
562,522
Accumulated amortisation:
As at 1 January
312,904
258,763
Amortisation charge
94,135
64,769
Written back on disposals
(2,814)
(10,628)
As at 31 December
404,225
312,904
Net carrying value:
As at 31 December
269,231
249,618
As at 1 January
249,618
200,093
Other intangible assets mainly represent computer software used in telecommunications infrastructure projects.
22. INTERESTS IN ASSOCIATES
2015
2014
RMB’000
RMB’000
Share of net assets
117,196
67,211
The Group’s associates are unlisted, established and operated in the PRC. The Group’s interests in associates are individually
and in aggregate not material to the Group’s financial condition or results of operation for the year.
