Consolidated Statement of Comprehensive Income
For the six-month period ended 30 June 2017
(Amounts in millions, except per share data)
Consolidated Statement of Comprehensive Income (Unaudited)
  Note 2016
RMB
2017
RMB
Operating revenues 9 176,828 184,118
Operating expenses
Depreciation and amortisation
(33,447) (34,432)
Network operations and support
10 (43,951) (48,431)
Selling, general and administrative
(27,319) (28,738)
Personnel expenses
11 (28,909) (30,755)
Other operating expenses
12 (26,094) (23,780)
Total operating expenses
(159,720) (166,136)
Operating profit 17,108 17,982
Net finance costs
13 (1,728) (1,771)
Investment income
9 15
Share of profits of associates
80 453
Profit before taxation 15,469 16,679
Income tax
14 (3,747) (4,084)
Profit for the period 11,722 12,595
Other comprehensive income for the period
Items that may be reclassified subsequently to profit or loss:
Change in fair value of available-for-sale equity securities
(342) (235)
Deferred tax on change in fair value of available-for-sale equity securities
86 59
Exchange difference on translation of financial statements of subsidiaries outside mainland China
37 (96)
Share of other comprehensive income of associates
6 6
Other comprehensive income for the period, net of tax (213) (266)
Total comprehensive income for the period 11,509 12,329
Profit attributable to
Equity holders of the Company
11,673 12,537
Non-controlling interests
49 58
Profit for the period 11,722 12,595
Total comprehensive income attributable to
Equity holders of the Company
11,460 12,271
Non-controlling interests
49 58
Total comprehensive income for the period 11,509 12,329
Basic earnings per share 16 0.14 0.15
Number of shares (in millions) 16 80,932 80,932

The notes on pages 18 to 37 form part of these consolidated financial statements.