ANNUAL REPORT 2013

Consolidated Statement of Comprehensive Income

for the year ended 31 December 2013 (Amounts in millions, except per share data)

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Note
 
2013
RMB
 
2012
RMB
(restated)
    
Operating revenues22321,584283,176
Operating expenses
Depreciation and amortisation(69,083)(49,666)
Network operations and support23(53,102)(65,979)
Selling, general and administrative(70,448)(63,099)
Personnel expenses24(46,723)(42,857)
Other operating expenses25(54,760)(40,367)
Total operating expenses26(294,116)(261,968)
Operating profit27,46821,208
Net finance costs27(5,153)(1,562)
Investment income67093
Share of profits of associates10378
Profit before taxation23,08819,817
Income tax28(5,422)(4,753)
Profit for the year17,66615,064
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 securities414(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 associates5-
Other comprehensive income for the year, net of tax236(173)
Total comprehensive income for the year17,90214,891
Profit attributable to:
Equity holders of the Company17,54514,949
Non-controlling interests121115
Profit for the year17,66615,064
Total comprehensive income attributable to:
Equity holders of the Company17,78114,776
Non-controlling interests121115
Total comprehensive income for the year17,90214,891
Basic earnings per share330.220.18
Number of shares (in millions)3380,93280,932

The notes on pages 118 to 185 form part of these financial statements.