Five-year Summary
(Amounts in millions, expect per share data)
| Five-year Summary | |||||
|---|---|---|---|---|---|
| Year ended 31 December | |||||
| 2014 RMB |
2015 RMB |
2016 RMB |
2017 RMB |
2018 RMB |
|
| Results of operation | |||||
| Operating revenues | 324,755 | 331,517 | 352,534 | 366,229 | 377,124 |
| Depreciation and amortisation | 66,348 | 67,666 | 67,942 | 74,951 | 75,493 |
| Network operations and support | 68,885 | 81,433 | 94,156 | 103,969 | 116,062 |
| Selling, general and administrative | 62,753 | 54,480 | 56,426 | 58,434 | 59,422 |
| Personnel expenses | 50,698 | 52,586 | 54,504 | 56,043 | 59,736 |
| Other operating expenses | 47,555 | 48,905 | 52,286 | 45,612 | 37,697 |
| Operating expenses | 296,239 | 305,070 | 325,314 | 339,009 | 348,410 |
| Operating profit | 28,516 | 26,447 | 27,220 | 27,220 | 28,714 |
| Gain from Tower Assets Disposal | – | 5,214 | – | – | – |
| Net finance costs | (5,291) | (4,273) | (3,235) | (3,291) | (2,708) |
| Investment income | 6 | 8 | 40 | 147 | 38 |
| Income from investments in associates | 34 | (698) | 91 | 877 | 2,104 |
| Profit before taxation | 23,265 | 26,698 | 24,116 | 24,953 | 28,148 |
| Income tax | (5,498) | (6,552) | (5,993) | (6,192) | (6,810) |
| Profit for the year | 17,767 | 20,146 | 18,123 | 18,761 | 21,338 |
| Other comprehensive income for the year | |||||
| Items that may 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) |
| Deferred tax on change in fair value of investments in equity instruments at fair value through other comprehensive income | - | - | - | - | 82 |
| Items that may be reclassified subsequently to profit or loss: | |||||
| Change in fair value of available-for-sale equity securities | (54) | 652 | (228) | (400) | - |
| Deferred tax on change in fair value of available-for-sale equity securities | 14 | (163) | 57 | 100 | - |
| Exchange difference on translation of financial statements of subsidiaries outside mainland China | 3 | 129 | 190 | (259) | 154 |
| Share of other comprehensive income of associates | (3) | 3 | 6 | 7 | (7) |
| Other comprehensive income for the year, net of tax | (40) | 621 | 25 | (552) | (95) |
| Total comprehensive income for the year | 17,727 | 20,767 | 18,148 | 18,209 | 21,243 |
| Profit attributable to | |||||
| Equity holders of the Company | 17,688 | 20,058 | 18,018 | 18,617 | 21,210 |
| Non-controlling interests | 79 | 88 | 105 | 144 | 128 |
| Profit for the year | 17,767 | 20,146 | 18,123 | 18,761 | 21,338 |
| Total comprehensive income attributable to | |||||
| Equity holders of the Company | 17,648 | 20,679 | 18,043 | 18,065 | 21,115 |
| Non-controlling interests | 79 | 88 | 105 | 144 | 128 |
| Total comprehensive income for the year | 17,727 | 20,767 | 18,148 | 18,209 | 21,243 |
| Basic earnings per share | 0.22 | 0.25 | 0.22 | 0.23 | 0.26 |
| As at 31 December of the year | |||||
| 2014 RMB |
2015 RMB |
2016 RMB |
2017 RMB |
2018 RMB |
|
| Financial condition | |||||
| Property, plant and equipment, net | 372,898 | 374,004 | 389,671 | 406,257 | 407,795 |
| Construction in progress | 53,183 | 69,107 | 80,386 | 73,106 | 66,644 |
| Other non-current assets | 75,674 | 108,369 | 108,367 | 110,281 | 115,938 |
| Cash and bank deposits | 21,815 | 34,388 | 27,948 | 22,510 | 23,480 |
| Other current assets | 37,967 | 43,879 | 46,186 | 49,040 | 49,525 |
| Total assets | 561,537 | 629,747 | 652,558 | 661,194 | 663,382 |
| Current liabilities | 206,553 | 256,074 | 319,133 | 275,408 | 258,920 |
| Non-current liabilities | 64,841 | 68,883 | 17,077 | 59,089 | 60,363 |
| Total liabilities | 271,394 | 324,957 | 336,210 | 334,497 | 319,283 |
| Total equity attributable to equity holders of the Company | 289,218 | 303,823 | 315,377 | 325,867 | 343,069 |
| Non-controlling interests | 925 | 967 | 971 | 830 | 1,030 |
| Total equity | 290,143 | 304,790 | 316,348 | 326,697 | 344,099 |
| Total liabilities and equity | 561,537 | 629,747 | 652,558 | 661,194 | 663,382 |