Consolidated Statement of Comprehensive Income
for the year ended 31 December 2013 (Amounts in millions, except per share data)
Note | 2013 RMB | 2012 RMB (restated) | |
Operating revenues | 22 | 321,584 | 283,176 |
Operating expenses | |||
Depreciation and amortisation | (69,083) | (49,666) | |
Network operations and support | 23 | (53,102) | (65,979) |
Selling, general and administrative | (70,448) | (63,099) | |
Personnel expenses | 24 | (46,723) | (42,857) |
Other operating expenses | 25 | (54,760) | (40,367) |
Total operating expenses | 26 | (294,116) | (261,968) |
Operating profit | 27,468 | 21,208 | |
Net finance costs | 27 | (5,153) | (1,562) |
Investment income | 670 | 93 | |
Share of profits of associates | 103 | 78 | |
Profit before taxation | 23,088 | 19,817 | |
Income tax | 28 | (5,422) | (4,753) |
Profit for the year | 17,666 | 15,064 | |
Other comprehensive income for the year: | |||
Items that may be reclassified subsequently to profit or loss: | |||
Change in fair value of available-for-sale equity securities | 414 | (228) | |
Deferred tax on change in fair value of available-for-sale equity securities | (104) | 57 | |
Exchange difference on translation of financial statements of subsidiaries outside mainland China | (79) | (2) | |
Share of other comprehensive income of associates | 5 | - | |
Other comprehensive income for the year, net of tax | 236 | (173) | |
Total comprehensive income for the year | 17,902 | 14,891 | |
Profit attributable to: | |||
Equity holders of the Company | 17,545 | 14,949 | |
Non-controlling interests | 121 | 115 | |
Profit for the year | 17,666 | 15,064 | |
Total comprehensive income attributable to: | |||
Equity holders of the Company | 17,781 | 14,776 | |
Non-controlling interests | 121 | 115 | |
Total comprehensive income for the year | 17,902 | 14,891 | |
Basic earnings per share | 33 | 0.22 | 0.18 |
Number of shares (in millions) | 33 | 80,932 | 80,932 |
The notes on pages 118 to 185 form part of these financial statements.