EBITDA was calculated based on operating revenues minus operating expenses plus depreciation and amortisation.
2
EBITDA margin was calculated based on EBITDA divided by the operating revenues excluding mobile terminal sales.
3
Net profit represented profit attributable to equity holders of the Company.
4
Equity and net asset value represented equity attributable to equity holders of the Company.
5
Certain prior years figures were retrospectively restated due to the acquisition of China Telecom (Europe) Limited. Please refer to note 1 to the audited financial statements in this annual report for details.