at 31 December 2010 (Amounts in millions)
|
2010 |
2009 |
||
|
Note |
RMB |
RMB |
|
|
ASSETS |
|||
|
Non-current assets |
|||
|
Property, plant and equipment, net |
3 |
273,845 |
283,628 |
|
Construction in progress |
4 |
14,243 |
11,475 |
|
Lease prepayments |
5,373 |
5,513 |
|
|
Goodwill |
5 |
29,877 |
29,877 |
|
Intangible assets |
6 |
9,852 |
12,201 |
|
Investments in subsidiaries |
7 |
5,272 |
8,555 |
|
Interests in associates |
8 |
777 |
736 |
|
Investments |
9 |
849 |
148 |
|
Deferred tax assets |
10 |
10,679 |
12,815 |
|
Other assets |
18 |
4,367 |
5,272 |
|
Total non-current assets |
355,134 |
370,220 |
|
|
Current assets |
|||
|
Inventories |
11 |
2,000 |
1,739 |
|
Income tax recoverable |
1,878 |
1,711 |
|
|
Accounts receivable, net |
12 |
15,923 |
16,230 |
|
Prepayments and other current assets |
13 |
4,720 |
3,805 |
|
Time deposits with original maturity over three months |
373 |
135 |
|
|
Cash and cash equivalents |
14 |
19,939 |
27,526 |
|
Total current assets |
44,833 |
51,146 |
|
|
Total assets |
399,967 |
421,366 |
|
|
LIABILITIES AND EQUITY |
|||
|
Current liabilities |
|||
|
Short-term debt |
15 |
20,675 |
51,650 |
|
Current portion of long-term debt |
15 |
10,352 |
1,487 |
|
Accounts payable |
16 |
37,620 |
32,183 |
|
Accrued expenses and other payables |
17 |
51,225 |
52,713 |
|
Income tax payables |
198 |
215 |
|
|
Current portion of finance lease obligations |
– |
18 |
|
|
Current portion of deferred revenues |
18 |
2,645 |
3,412 |
|
Total current liabilities |
122,715 |
141,678 |
|
|
Net current liabilities |
(77,882) |
(90,532) |
|
|
Total assets less current liabilities |
277,252 |
279,688 |
|
|
Non-current liabilities |
|||
|
Long-term debt |
15 |
42,549 |
52,768 |
|
Deferred revenues |
18 |
3,558 |
5,045 |
|
Deferred tax liabilities |
10 |
2,262 |
2,501 |
|
Total non-current liabilities |
48,369 |
60,314 |
|
|
Total liabilities |
171,084 |
201,992 |
|
|
Equity |
|||
|
Share capital |
19 |
80,932 |
80,932 |
|
Reserves |
20 |
147,951 |
138,442 |
|
Total equity |
228,883 |
219,374 |
|
|
Total liabilities and equity |
399,967 |
421,366 |
|
Approved and authorised for issue by the Board of Directors on 22 March 2011.
|
Wang Xiaochu |
Shang Bing |
Wu Andi |
|
Chairman and Chief Executive Officer |
Executive Director, President and Chief Operating Officer |
Executive Director, Executive Vice President and Chief Financial Officer |
The notes on pages 98 to 146 form part of these financial statements.