Consolidated Statement of Comprehensive Income
For the six-month period ended 30 June 2020
(Amounts in million, except per share data)
Consolidated Statement of Comprehensive Income (Unaudited)
    Six-month period ended 30 June
  Notes 2019
RMB
2020
RMB
 
Operating revenues 10 190,488 193,803
 
Operating expenses
Depreciation and amortisation
(43,343) (44,176)
Network operations and support
11 (50,780) (57,698)
Selling, general and administrative
(29,216) (25,997)
Personnel expenses
12 (33,316) (35,512)
Other operating expenses
13 (13,889) (11,442)
Total operating expenses
(170,544) (174,825)
Operating profit 19,944 18,978
Net finance costs 14 (2,057) (1,572)
Investment income 26 53
Share of profits of associates 605 787
Profit before taxation 18,518 18,246
Income tax 15 (4,493) (4,175)
Profit for the period 14,025 14,071
Other comprehensive income for the period
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
221 (141)
Deferred tax on change in fair value of investments in equity instruments at fair value through other comprehensive income
(55) 36
166 (105)
Items that may be reclassified subsequently to profit or loss:
Exchange difference on translation of financial statements of subsidiaries outside mainland China
19 88
Share of other comprehensive income of associates
(2) (4)
17 84
Other comprehensive income for the period, net of tax 183 (21)
Total comprehensive income for the period 14,208 14,050
Profit attributable to
Equity holders of the Company
13,909 13,949
Non-controlling interests
116 122
Profit for the period 14,025 14,071
Total comprehensive income attributable to
Equity holders of the Company
14,092 13,928
Non-controlling interests
116 122
Total comprehensive income for the period 14,208 14,050
Basic earnings per share 17 0.17 0.17
Number of shares (in million) 17 80,932 80,932

The notes on pages 19 to 39 form part of these interim financial statements.