Huawei 2012 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 2012 Huawei annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 122

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122

Consolidated Financial Statements Summary and Notes
55
disposal, the non-current assets or disposal
groups are measured at the lower of their
carrying amount and fair value less costs to
sell. Any impairment loss on a disposal group
is allocated first to goodwill, and then to the
remaining assets and liabilities on a pro rata
basis, except that no loss is allocated to
inventories (see note 1(l)), financial assets
(other than investments in subsidiaries,
associates and joint ventures), deferred tax
assets, assets arising from employee benefits
or investment properties, which continue to
be measured in accordance with the Group’s
other accounting policies.
Impairment losses on initial classification as
held-for-sale and subsequent gains or losses
on remeasurement are recognised in profit
or loss. Gains are not recognised in excess of
any cumulative impairment loss. As long as
a non-current asset is classified as held for
sale, or is included in a disposal group that
is classified as held for sale, the non-current
asset is not depreciated or amortised.
(y) Segment reporting
Operating segments, and the amounts of
each segment item reported in the financial
statements, are identified from the financial
information provided regularly to the
Group’s most senior executive management
for the purposes of allocating resources
to, and assessing the performance of, the
Group’s geographical locations and various
product lines.
Individually material operating segments
are not aggregated for financial reporting
purposes unless the segments have similar
economic characteristics and are similar
in respect of the nature of products and
services, the nature of production processes,
the type or class of customers, the methods
used to distribute the products or provide
the services, and the nature of the regulatory
environment. Operating segments which are
not individually material may be aggregated
if they share a majority of these criteria.
2. Revenue
2012 2011
CNY’million CNY’million
Sales of goods and services 220,084 203,732
Rental income 114 197
220,198 203,929