Consolidated Statement of Financial Position
at 31 December 2011 (Amounts in millions)
31 December 2011 |
31 December 2010 |
1 January 2010 |
||
Note |
RMB |
RMB |
RMB |
|
(restated) |
(restated) |
|||
ASSETS |
||||
Non-current assets |
||||
Property, plant and equipment, net |
4 |
268,877 |
272,478 |
283,550 |
Construction in progress |
5 |
18,448 |
14,445 |
11,567 |
Lease prepayments |
26,280 |
27,078 |
27,790 |
|
Goodwill |
6 |
29,918 |
29,920 |
29,922 |
Intangible assets |
7 |
7,715 |
9,968 |
12,311 |
Interests in associates |
9 |
985 |
1,123 |
997 |
Investments |
10 |
648 |
854 |
722 |
Deferred tax assets |
11 |
3,068 |
5,022 |
6,839 |
Other assets |
19 |
3,600 |
4,396 |
5,322 |
Total non-current assets |
359,539 |
365,284 |
379,020 |
|
Current assets |
||||
Inventories |
12 |
4,840 |
3,170 |
2,628 |
Income tax recoverable |
2,425 |
1,882 |
1,714 |
|
Accounts receivable, net |
13 |
18,471 |
17,328 |
17,438 |
Prepayments and other current assets |
14 |
4,664 |
5,073 |
3,910 |
Time deposits with original maturity over three months |
1,804 |
1,968 |
442 |
|
Cash and cash equivalents |
15 |
27,372 |
25,824 |
34,804 |
Total current assets |
59,576 |
55,245 |
60,936 |
|
Total assets |
419,115 |
420,529 |
439,956 |
|
LIABILITIES AND EQUITY |
||||
Current liabilities |
||||
Short-term debt |
16 |
9,187 |
20,675 |
51,650 |
Current portion of long-term debt |
16 |
11,766 |
10,352 |
1,487 |
Accounts payable |
17 |
44,358 |
40,039 |
34,321 |
Accrued expenses and other payables |
18 |
59,372 |
52,885 |
52,193 |
Income tax payable |
482 |
327 |
395 |
|
Current portion of finance lease obligations |
– |
– |
18 |
|
Current portion of deferred revenues |
19 |
2,093 |
2,645 |
3,417 |
Total current liabilities |
127,258 |
126,923 |
143,481 |
|
Net current liabilities |
(67,682) |
(71,678) |
(82,545) |
|
Total assets less current liabilities |
291,857 |
293,606 |
296,475 |
|
Non-current liabilities |
||||
Long-term debt |
16 |
31,150 |
42,549 |
52,768 |
Deferred revenues |
19 |
2,712 |
3,558 |
5,045 |
Deferred tax liabilities |
11 |
1,117 |
1,375 |
1,510 |
Total non-current liabilities |
34,979 |
47,482 |
59,323 |
|
Total liabilities |
162,237 |
174,405 |
202,804 |
|
Equity |
||||
Share capital |
20 |
80,932 |
80,932 |
80,932 |
Reserves |
21 |
175,158 |
164,696 |
155,372 |
Total equity attributable to equity holders of the Company |
256,090 |
245,628 |
236,304 |
|
Non-controlling interests |
788 |
496 |
848 |
|
Total equity |
256,878 |
246,124 |
237,152 |
|
Total liabilities and equity |
419,115 |
420,529 |
439,956 |
|
Approved and authorised for issue by the Board of Directors on 20 March 2012.
Wang Xiaochu |
Yang Jie |
Wu Andi |
The notes on pages 96 to 146 form part of these financial statements.