15.	PLEDGED BANK DEPOSITS/FIXED BANK DEPOSITS WITH MATURITY PERIOD OVER THREE MONTHS/BANK BALANCES AND CASH, AND OTHER CASH FLOW INFORMATION

(a)

Cash and cash equivalents and fixed deposits held at banks comprise:


	As of December 31,
	2017		2018		2018
	RMB’000		RMB’000		US$’000
Deposits with banks within three months to maturity when placed		360,000		360,000		52,360
Cash at banks and in hand		391,612		573,250		83,376

Cash and cash equivalents in the consolidated statement of financial position and consolidated statement of cash flows		751,612		933,250		135,736
Fixed bank deposits with maturity periods over three months		290,000		290,000		42,179
Pledged bank deposits		35,200		33,500		4,872

		1,076,812		1,256,750		182,787

As at 31 December 2018, the balances that were placed with banks in the PRC amounted to RMB1,256,452,000 (US$182,743,000) (2017: RMB1,071,221,000). Remittance of funds out of the PRC is subject to the exchange restrictions imposed by the PRC government.

Pledged bank deposits

These are bank deposits placed at specified bank accounts to secure the Group’s bills payable and will be released upon maturity of the relevant bills.

Fixed bank deposits with maturity period over three months

These represent fixed bank deposits with an original maturity period over three months.

Bank balances and cash

These represent cash and short-term bank deposits with an original maturity of three months or less. Bank balances and cash included fixed bank deposits with with an original maturity period of three months or less totaled RMB360,000,000 (US$52,360,000), which carried fixed interest rate of 1.35% at December 31, 2018 (2017: RMB360,000,000). Cash at banks earns interest at floating rates based on daily bank deposit rates.

The pledged bank deposits, fixed bank deposits with maturity period over three months and bank balances carried fixed interest at the end of the reporting period as follows:


	2017		2018
Range of interest rates (per annum)		0.35% - 1.55%		0.35% - 1.55%

The pledged bank deposits, fixed bank deposits with maturity period over three months and bank balances that are denominated in currencies other than the functional currencies of the relevant group entities are set out below:


	2017		2018		2018
	RMB’000		RMB’000		US$’000

US$		6,312		1,046		152
Hong Kong Dollar (“HK$”)		27		20		3

(b)

Reconciliation of liabilities arising from financing activities:

The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are liabilities for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statements of cash flows as cash flows from financing activities.


	Bank borrowings			Amount due to a shareholder			Total			Total
	RMB’000			RMB’000			RMB’000			US$’000
Balance at January 1, 2017		558,000			1,398			559,398
Changes from financing cash flows
New bank borrowings raised		558,000			—			558,000
Repayment of bank borrowings		(558,000	)		—			(558,000	)
Advance from a shareholder		—			10,149			10,149
Repayment to a shareholder		—			(2,805	)		(2,805	)

Total changes from financing cash flows		—			7,344			7,344

Balance at December 31, 2017 and January 1, 2018		558,000			8,742			566,742			82,429
Changes from financing cash flows
New bank borrowings raised		473,000			—			473,000			68,795
Repayment of bank borrowings		(558,000	)		—			(558,000	)		(81,158	)
Advance from a shareholder		—			1,865			1,865			271
Repayment to a shareholder		—			(696	)		(696	)		(101	)

Total changes from financing cash flows		(85,000	)		1,169			(83,831	)		(12,193	)

Balance at December 31, 2018		473,000			9,911			482,911			70,236