- Report of the Independent International Auditor
- Consolidated Statement of Financial Position
- Statement of Financial Position
- Consolidated Statement of Comprehensive Income
- Consolidated Statement of Changes in Equity
- Consolidated Statement of Cash Flows
- Notes to the Financial Statements
- Financial Summary
Consolidated Statement of Financial Position
At 31 December 2009
(Amounts in millions)
2009 |
2008 |
||||
Note |
RMB |
RMB |
|||
ASSETS |
|||||
Non-current assets |
|||||
Property, plant and equipment, net |
4 |
286,328 |
299,159 |
||
Construction in progress |
5 |
11,567 |
13,615 |
||
Lease prepayments |
5,517 |
5,608 |
|||
Goodwill |
6 |
29,922 |
29,922 |
||
Intangible assets |
7 |
12,311 |
14,235 |
||
Interests in associates |
9 |
997 |
882 |
||
Investments |
10 |
722 |
177 |
||
Deferred tax assets |
11 |
12,898 |
14,628 |
||
Other assets |
19 |
5,322 |
6,612 |
||
Total non-current assets |
365,584 |
384,838 |
|||
Current assets |
|||||
Inventories |
12 |
2,628 |
2,561 |
||
Income tax recoverable |
1,714 |
— |
|||
Accounts receivable, net |
13 |
17,438 |
17,289 |
||
Prepayments and other current assets |
14 |
3,910 |
7,386 |
||
Time deposits with original maturity over three months |
442 |
397 |
|||
Cash and cash equivalents |
15 |
34,804 |
27,866 |
||
Total current assets |
60,936 |
55,499 |
|||
Total assets |
426,520 |
440,337 |
|||
LIABILITIES AND EQUITY |
|||||
Current liabilities |
|||||
Short-term debt |
16 |
51,650 |
83,448 |
||
Current portion of long-term debt |
16 |
1,487 |
565 |
||
Accounts payable |
17 |
34,321 |
34,458 |
||
Accrued expenses and other payables |
18 |
52,193 |
53,628 |
||
Income tax payable |
395 |
164 |
|||
Current portion of finance lease obligations |
18 |
22 |
|||
Current portion of deferred revenues |
19 |
3,417 |
4,505 |
||
Total current liabilities |
143,481 |
176,790 |
|||
Net current liabilities |
(82,545) |
|
(121,291) |
||
Total assets less current liabilities |
283,039 |
263,547 |
|||
Non-current liabilities |
|||||
Long-term debt |
16 |
52,768 |
39,226 |
||
Finance lease obligations |
— |
18 |
|||
Deferred revenues |
19 |
5,045 |
6,939 |
||
Deferred tax liabilities |
11 |
2,613 |
2,816 |
||
Total non-current liabilities |
60,426 |
48,999 |
|||
Total liabilities |
203,907 |
225,789 |
|||
Equity |
|||||
Share capital |
20 |
80,932 |
80,932 |
||
Reserves |
21 |
140,800 |
132,104 |
||
Total equity attributable to equity holders of the Company |
221,732 |
213,036 |
|||
Minority interests |
881 |
1,512 |
|||
Total equity |
222,613 |
214,548 |
|||
Total liabilities and equity |
426,520 |
440,337 |
|||
Approved and authorised for issue by the Board of Directors on 22 March 2010.
Wang Xiaochu |
Shang Bing |
Wu Andi |
Chairman and Chief |
Executive Director, |
Executive Director, |
Executive Officer |
President and |
Executive Vice President |
Chief Operating Officer |
and Chief Financial Officer |
The notes on pages 110 to 166 form part of these financial statements.