Financial Hightlights

Unaudited Condensed Consolidated Interim Statement of Financial Position

(All amounts in Renminbi ("RMB") millions)

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  Note 31 Dec 2015 30 Jun 2016
ASSETS
Non-current assets
Property, plant and equipment 14 454,631 435,111
Lease prepayments 9,148 9,353
Goodwill 2,771 2,771
Interest in associates 31,997 31,892
Interest in joint ventures 978 1,097
Amounts due from related parties 31 18,322 18,322
Deferred income tax assets 12 5,642 5,266
Financial assets at fair value through other comprehensive income 15 4,852 4,191
Other assets 16 25,335 28,445
  553,676 536,448
Current assets      
Inventories and consumables 17 3,946 3,497
Accounts receivable 18 14,957 16,974
Prepayments and other current assets 19 10,864 11,521
Amounts due from related parties 31 2,846 3,517
Amounts due from domestic carriers 1,994 5,113
Financial assets at fair value through profit and loss 106 135
Short-term bank deposits 202 77
Cash and cash equivalents   21,755 21,137
56,670 61,971
Total assets   610,346 598,419
EQUITY
Equity attributable to equity shareholders of the Company
Share capital 20 179,102 179,102
Reserves (20,734) (21,332)
Retained profits
– Proposed 2015 final dividend 21 4,071
– Others 68,777 70,206
Total equity   231,216 227,976
LIABILITIES
Non-current liabilities
Long-term bank loans 22 1,748 4,435
Promissory notes 23 36,928 27,841
Corporate bonds 24 2,000 7,984
Deferred income tax liabilities 12 18 16
Deferred revenue 2,005 2,683
Other obligations   357 219
    43,056 43,178
Current liabilities    
Short-term bank loans 25 83,852 48,741
Commercial papers 26 19,945 49,964
Current portion of long-term bank loans 22 84 127
Current portion of promissory notes 23 2,499 11,497
Current portion of corporate bonds 24 2,000
Accounts payable and accrued liabilities 27 167,396 145,802
Taxes payable 3,163 938
Amounts due to ultimate holding company 31 1,437 1,553
Amounts due to related parties 31 3,930 14,692
Amounts due to domestic carriers 1,300 2,634
Dividend payable 21 920 1,254
Current portion of deferred revenue 394 226
Current portion of other obligations 2,797 2,792
Advances from customers   48,357 45,045
336,074 327,265
Total liabilities   379,130 370,443
Total equity and liabilities   610,346 598,419
Net current liabilities   (279,404) (265,294)
Total assets less current liabilities   274,272 271,154

The notes on pages 16 to 41 are an integral part of this unaudited condensed consolidated interim financial information.