Consolidated Statement of Comprehensive Income
For the year ended 31 December 2017
(Amounts in millions, except per share data)
Consolidated Statement of Comprehensive Income
  Notes 2016
RMB
(restated)
2017
RMB
Operating revenues 22 352,534 366,229
Operating expenses
Depreciation and amortisation
(67,942) (74,951)
Network operations and support
23 (94,156) (103,969)
Selling, general and administrative
(56,426) (58,434)
Personnel expenses
24 (54,504) (56,043)
Other operating expenses
25 (52,286) (45,612)
Total operating expenses
26 (325,314) (339,009)
Operating profit 27,220 27,220
Net finance costs
27 (3,235) (3,291)
Investment income
40 147
Share of profits of associates
91 877
Profit before taxation 24,116 24,953
Income tax
28 (5,993) (6,192)
Profit for the year 18,123 18,761
Other comprehensive income for the year
Items that may be reclassified subsequently to profit or loss:
Change in fair value of available-for-sale equity securities
(228) (400)
Deferred tax on change in fair value of available-for-sale equity securities
57 100
Exchange difference on translation of financial statements of subsidiaries outside mainland China
190 (259)
Share of other comprehensive income of associates
6 7
Other comprehensive income for the year, net of tax 25 (552)
Total comprehensive income for the year 18,148 18,209
Profit attributable to
Equity holders of the Company
18,018 18,617
Non-controlling interests
105 144
Profit for the year 18,123 18,761
Total comprehensive income attributable to
Equity holders of the Company
18,043 18,065
Non-controlling interests
105 144
Total comprehensive income for the year 18,148 18,209
Basic earnings per share 33 0.22 0.23
Number of shares (in millions) 33 80,932 80,932

The notes on pages 153 to 221 form part of these consolidated financial statements.

2016 financial data were restated to include the retrospective impact of the acquisition of satellite communications business and Shaanxi Zhonghe Hengtai Insurance Agent Limited.