Results of operation

Wireline voice

49,764

62,498

78,432

96,258

111,573

Mobile voice

38,628

28,906

20,027

3,955

–

Internet

74,992

63,985

51,567

40,727

31,802

Managed data and leased line

14,273

12,389

11,499

10,231

9,183

Value-added services, integrated information

application services and others

67,286

51,589

46,694

33,336

24,952

Upfront connection fees

98

497

1,151

2,022

3,294

Operating revenues

245,041

219,864

209,370

186,529

180,804

Depreciation and amortisation

51,224

52,215

52,784

54,488

53,313

Network operations and support

52,912

47,432

43,721

60,433

29,862

Selling, general and administrative

48,741

42,130

40,507

27,501

24,130

Personnel expenses

39,167

35,529

32,857

28,946

27,419

Other operating expenses

28,868

19,106

17,449

10,794

9,051

Operating expenses

220,912

196,412

187,318

182,162

143,775

Operating profit

24,129

23,452

22,052

4,367

37,029

Net finance costs

(2,254)

(3,600)

(4,375)

(5,076)

(4,288)

Investment income

40

328

791

5

83

Share of profits of associates

99

131

101

112

215

Profit/(loss) before taxation

22,014

20,311

18,569

(592)

33,039

Income tax

(5,416)

(4,846)

(4,382)

983

(7,214)

Profit for the year

16,598

15,465

14,187

391

25,825

Other comprehensive income for the year

Change in fair value of available-for-sale equity

securities

(205)

132

538

(92)

78

Deferred tax on change in fair value of

available-for-sale equity securities

51

(48)

(120)

23

(14)

Exchange difference on translation of financial

statements of subsidiaries outside mainland China

(103)

(48)

(2)

(83)

(103)

Share of other comprehensive income from associates

–

(25)

–

–

–

Other comprehensive income for the year,

net of tax

(257)

11

416

(152)

(39)

Total comprehensive income for the year

16,341

15,476

14,603

239

25,786

Profit attributable to

Equity holders of the Company

16,502

15,347

13,983

296

25,728

Non-controlling interests

96

118

204

95

97

Profit for the year

16,598

15,465

14,187

391

25,825

Total comprehensive income attributable to

Equity holders of the Company

16,245

15,358

14,324

144

25,689

Non-controlling interests

96

118

279

95

97

Total comprehensive income for the year

16,341

15,476

14,603

239

25,786

Basic earnings per share

0.20

0.19

0.17

0.004

0.32

Financial condition

Property, plant and equipment, net

268,877

272,478

283,550

296,376

326,663

Construction in progress

18,448

14,445

11,567

13,615

13,626

Other non-current assets

72,214

78,361

83,903

88,596

43,142

Cash and bank deposits

29,176

27,792

35,246

28,263

21,649

Other current assets

30,400

27,453

25,690

27,236

22,461

Total assets

419,115

420,529

439,956

454,086

427,541

Current liabilities

127,258

126,923

143,481

176,790

140,245

Non-current liabilities

34,979

47,482

59,323

47,770

45,758

Total liabilities

162,237

174,405

202,804

224,560

186,003

Total equity attributable to equity holders of

the Company

256,090

245,628

236,304

228,047

240,120

Non-controlling interests

788

496

848

1,479

1,418

Total equity

256,878

246,124

237,152

229,526

241,538

Total liabilities and equity

419,115

420,529

439,956

454,086

427,541