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 |