for the year ended 31 December 2010 (Amounts in millions, except per share data)
|
2010 |
2009 |
||
|
Note |
RMB |
RMB |
|
|
Operating revenues |
21 |
219,864 |
209,370 |
|
Operating expenses |
|||
|
Depreciation and amortisation |
(51,656) |
(52,243) |
|
|
Network operations and support |
(47,288) |
(42,903) |
|
|
Selling, general and administrative |
(42,130) |
(40,507) |
|
|
Personnel expenses |
22 |
(35,529) |
(32,857) |
|
Other operating expenses |
23 |
(19,106) |
(17,449) |
|
Impairment loss on property, plant and equipment |
3 |
(139) |
(753) |
|
Total operating expenses |
24 |
(195,848) |
(186,712) |
|
Operating profit |
24,016 |
22,658 |
|
|
Net finance costs |
25 |
(3,600) |
(4,375) |
|
Investment income |
361 |
791 |
|
|
Share of profits of associates |
131 |
101 |
|
|
Profit before taxation |
20,908 |
19,175 |
|
|
Income tax |
26 |
(5,031) |
(4,549) |
|
Profit for the year |
15,877 |
14,626 |
|
|
Other comprehensive income for the year: |
|||
|
Change in fair value of available-for-sale equity securities |
132 |
538 |
|
|
Deferred tax on change in fair value of available-for-sale equity securities |
(48) |
(120) |
|
|
Exchange difference on translation of financial statements of subsidiaries outside mainland PRC |
(48) |
(2) |
|
|
Share of other comprehensive income from associates |
(25) |
– |
|
|
Other comprehensive income for the year, net of tax |
11 |
416 |
|
|
Total comprehensive income for the year |
15,888 |
15,042 |
|
|
Profit attributable to: |
|||
|
Equity holders of the Company |
15,759 |
14,422 |
|
|
Non-controlling interests |
118 |
204 |
|
|
Profit for the year |
15,877 |
14,626 |
|
|
Total comprehensive income attributable to: |
|||
|
Equity holders of the Company |
15,770 |
14,763 |
|
|
Non-controlling interests |
118 |
279 |
|
|
Total comprehensive income for the year |
15,888 |
15,042 |
|
|
Basic earnings per share |
31 |
0.19 |
0.18 |
|
Weighted average number of shares (in millions) |
31 |
80,932 |
80,932 |
The notes on pages 98 to 146 form part of these financial statements.