Consolidated Statement of Financial Position
At 30 June 2019
(Amounts in millions)
(Amounts in millions)
| Consolidated Statement of Financial Position (Unaudited) | |||
|---|---|---|---|
| Notes | 31 Dec 2018 RMB |
30 Jun 2019 RMB |
|
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment, net | 407,795 | 394,060 | |
| Construction in progress | 66,644 | 76,751 | |
| Right-of-use assets | - | 62,540 | |
| Lease prepayments | 21,568 | - | |
| Goodwill | 29,922 | 29,922 | |
| Intangible assets | 14,161 | 13,849 | |
| Interests in associates | 38,051 | 38,470 | |
| Equity instruments at fair value through other comprehensive income | 852 | 1,060 | |
| Deferred tax assets | 9 | 6,544 | 7,665 |
| Other assets | 4,840 | 3,848 | |
| Total non-current assets | 590,377 | 628,165 | |
| Current assets | |||
| Inventories | 4,832 | 3,536 | |
| Income tax recoverable | 121 | 55 | |
| Accounts receivable, net | 5 | 20,475 | 31,516 |
| Contract assets | 478 | 1,119 | |
| Prepayments and other current assets | 23,619 | 23,717 | |
| Short-term bank deposits | 6,814 | 3,500 | |
| Cash and cash equivalents | 6 | 16,666 | 19,356 |
| Total current assets | 73,005 | 82,799 | |
| Total assets | 663,382 | 710,964 | |
| LIABILITIES AND EQUITY | |||
| Current liabilities | |||
| Short-term debt | 7 | 49,537 | 37,917 |
| Current portion of long-term debt | 7 | 1,139 | 1,144 |
| Accounts payable | 8 | 107,887 | 111,818 |
| Accrued expenses and other payables | 43,497 | 61,604 | |
| Contract liabilities | 55,783 | 50,381 | |
| Income tax payable | 601 | 727 | |
| Current portion of lease liabilities/finance lease obligations | 101 | 10,600 | |
| Current portion of deferred revenues | 375 | 339 | |
| Total current liabilities | 258,920 | 274,530 | |
| Net current liabilities | (185,915) | (191,731) | |
| Total assets less current liabilities | 404,462 | 436,434 | |
| Non-current liabilities | |||
| Long-term debt | 7 | 44,852 | 37,542 |
| Lease liabilities/finance lease obligations | 115 | 32,438 | |
| Deferred revenues | 1,454 | 1,297 | |
| Deferred tax liabilities | 9 | 13,138 | 16,135 |
| Other non-current liabilities | 804 | 627 | |
| Total non-current liabilities | 60,363 | 88,039 | |
| Total liabilities | 319,283 | 362,569 | |
| Equity | |||
| Share capital | 80,932 | 80,932 | |
| Reserves | 262,137 | 264,851 | |
| Total equity attributable to equity holders of the Company | 343,069 | 345,783 | |
| Non-controlling interests | 1,030 | 2,612 | |
| Total equity | 344,099 | 348,395 | |
| Total liabilities and equity | 663,382 | 710,964 | |
The notes on pages 19 to 43 form part of these interim financial statements.