My first Publication ocbc_ar17_fullreport_english | Page 214

NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2017
33. ASSOCIATES (continued)
33.3 FINANCIAL INFORMATION OF MATERIAL ASSOCIATES
The table below provides the financial information of the Group’s material associates:
Bank of Ningbo Co., Ltd
$ million
Selected income statement information
Revenue
Profit or loss from continuing operations
Other comprehensive income
Total comprehensive income
Selected balance sheet information
Current assets
Non-current assets
Current liabilities
Non-current liabilities
Net assets
Non-controlling interests
Preference shares/other equity instruments issued
Net assets attributable to ordinary shareholders
Reconciliation of associate’s total ordinary shareholders’ equity
to the carrying amount in the Group’s financial statements
Group’s interests in net assets of investee at beginning of the year
Group’s share of:
– profit from continuing operations
– other comprehensive income
– total comprehensive income
Dividends
Reclassify to AFS equity security (Note 33.2)
Carrying amount of interest in investee at end of the year
Dividends received during the year
(1)

AVIC Trust Co., Ltd
2017 2016
2017
2016
5,157
1,909
(575)
1,334 4,862
1,625
(115)
1,510 –
–
–
– 496
270
–
270
149,573
61,333
(172,372)
(26,778)
11,756
(24)
(1,381)
10,351 111,690
72,377
(159,017)
(14,560)
10,490
(23)
(1,004)
9,463 –
–
–
–
–
–
–
– 420
1,385
(492)
–
1,313
–
–
1,313
1,893 1,751 264 228
381
(149)
232
(55)
–
2,070 324
(112)
212
(70)
–
1,893 52
(2)
50
–
(314)
– 54
(11)
43
(7)
–
264
55
70
–
34 (1)
The dividends from AVIC Trust Co., Ltd declared in financial year 2015 and 2016 were received in financial year 2016.
In addition to the interests in associates disclosed above, the Group also has interests in individually immaterial associates that are
accounted for using the equity method.
2017
$ million 2016
$ million
At 31 December:
Aggregate carrying amount of individually immaterial associates 138 238
For the year ended:
Aggregate amounts of the Group’s share of:
Profit or loss from continuing operations
Other comprehensive income
Total comprehensive income (44)
5
(39) 18
(12)
6
212
OCBC ANNUAL REPORT 2017