Five-year Summary

(Amounts in millions, expect per share data)
Five-year Summary
  Year ended 31 December
  2016
RMB
2017
RMB
2018
RMB
2019
RMB
2020
RMB
Results of operation
Operating revenues 352,534 366,229 377,124 375,734 393,561
Depreciation and amortisation (67,942) (74,951) (75,493) (88,145) (90,240)
Network operations and support (94,156) (103,969) (116,062) (109,799) (119,517)
Selling, general and administrative (56,426) (58,434) (59,422) (57,361) (55,059)
Personnel expenses (54,504) (56,043) (59,736) (63,567) (65,989)
Other operating expenses (52,286) (45,612) (37,697) (27,792) (29,074)
Impairment loss on property, plant and equipment (5,042)
Operating expenses (325,314) (339,009) (348,410) (346,664) (364,921)
Operating profit 27,220 27,220 28,714 29,070 28,640
Net finance costs (3,235) (3,291) (2,708) (3,639) (3,014)
Investment income 40 147 38 30 60
Income from investments in associates 91 877 2,104 1,573 1,701
Profit before taxation 24,116 24,953 28,148 27,034 27,387
Income tax (5,993) (6,192) (6,810) (6,322) (6,307)
Profit for the year 18,123 18,761 21,338 20,712 21,080
Other comprehensive income for the year
Items that will not be reclassified subsequently to profit or loss:
Change in fair value of investments in equity instruments at fair value through other comprehensive income - - (324) 604 (385)
Deferred tax on change in fair value of investments in equity instruments at fair value through other comprehensive income - - 82 (147) 97
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) 154 102 (312)
Share of other comprehensive income of associates 6 7 (7) (2) (4)
Other comprehensive income for the year, net of tax 25 (552) (95) 557 (604)
Total comprehensive income for the year 18,148 18,209 21,243 21,269 20,476
Profit attributable to
Equity holders of the Company 18,018 18,617 21,210 20,517 20,850
Non-controlling interests 105 144 128 195 230
Profit for the year 18,123 18,761 21,338 20,712 21,080
Total comprehensive income attributable to
Equity holders of the Company 18,043 18,065 21,115 21,074 20,244
Non-controlling interests 105 144 128 195 232
Total comprehensive income for the year 18,148 18,209 21,243 21,269 20,476
Basic earnings per share 0.22 0.23 0.26 0.25 0.26
  As at 31 December of the year
  2016
RMB
2017
RMB
2018
RMB
2019
RMB
2020
RMB
Financial condition
Property, plant and equipment, net 389,671 406,257 407,795 410,008 418,605
Construction in progress 80,386 73,106 66,644 59,206 48,425
Other non-current assets 108,367 110,281 115,938 160,735 164,050
Cash and bank deposits 27,948 22,510 23,480 24,419 33,092
Other current assets 46,186 49,040 49,525 48,763 50,924
Total assets 652,558 661,194 663,382 703,131 715,096
Current liabilities 319,133 275,408 258,920 264,661 271,142
Non-current liabilities 17,077 59,089 60,363 83,430 77,779
Total liabilities 336,210 334,497 319,283 348,091 348,921
Total equity attributable to equity holders of the Company 315,377 325,867 343,069 352,510 363,456
Non-controlling interests 971 830 1,030 2,530 2,719
Total equity 316,348 326,697 344,099 355,040 366,175
Total liabilities and equity 652,558 661,194 663,382 703,131 715,096

Cookies and Privacy Policy

We use cookies to enhance your experience on our Website. By continuing to use this Website, you agree to the use of these cookies. For more information on how we use cookies, and to learn how you can change your cookie settings, please read our Privacy Policy.

Accept and close