For the five-year ended 31 December 2020
(All amounts in RMB millions, except per share data)

Selected financial summary for 2016 to 2020, including selected consolidated statement of income data and consolidated statement of financial position data for 2016, 2017, 2018, 2019 and 2020 were prepared in accordance with IFRSs/HKFRSs.

	2016	2017	2018	2019	2020
Revenue	274,197	274,829	290,877	290,515	303,838
Interconnection charges	(12,739)	(12,617)	(12,579)	(11,513)	(10,574)
Depreciation and amortisation	(76,805)	(77,492)	(75,777)	(83,080)	(83,017)
Network, operation and support expenses	(51,167)	(54,507)	(55,077)	(43,236)	(46,286)
Employee benefit expenses	(36,907)	(42,471)	(48,143)	(50,516)	(55,740)
Costs of telecommunications products sold	(39,301)	(26,643)	(27,604)	(26,412)	(26,862)
Other operating expenses	(54,585)	(57,166)	(62,561)	(64,480)	(70,237)
Finance costs	(5,017)	(5,734)	(1,625)	(2,123)	(1,747)
Interest income	1,160	1,647	1,712	1,272	1,366
Share of net profit of associates	204	893	2,477	1,359	1,588
Share of net profit of joint ventures	153	574	598	646	787
Other income – net	1,591	1,280	783	1,735	2,911
Profit before income tax	784	2,593	13,081	14,167	16,027
Income tax expenses	(154)	(743)	(2,824)	(2,795)	(3,450)
Profit for the year	630	1,850	10,257	11,372	12,577
Profit attributable to:
Equity shareholders of the Company	625	1,828	10,197	11,330	12,493
Non-controlling interests	5	22	60	42	84
Earnings per share for profit attributable to equity shareholders of the Company:
– basic (RMB)	0.03	0.07	0.33	0.37	0.41
– diluted (RMB)	0.03	0.07	0.33	0.37	0.41

	2016	2017	2018	2019	2020
Property, plant and equipment	451,115	416,596	384,475	367,401	364,187
Right-of-use assets	–	–	–	43,073	37,960
Financial assets measured at fair value	4,449	4,446	4,673	4,093	27,682
Current assets	82,218	76,722	75,909	83,595	108,636
Accounts receivable	13,622	13,964	14,433	17,233	16,287
Cash and cash equivalents	23,633	32,836	30,060	34,945	23,085
Total assets	614,154	571,983	540,320	562,499	580,616
Lease liabilities (non-current portion)	–	–	–	21,535	16,458
Current liabilities	342,655	242,622	214,910	205,190	222,028
Accounts payable and accrued liabilities	143,156	125,211	122,458	117,525	134,437
Short-term bank loans	76,994	22,500	15,085	5,564	740
Lease liabilities (current portion)	–	–	–	10,790	11,503
Commercial papers	35,958	8,991	–	8,995	7,000
Current portion of promissory notes	18,976	17,960	–	–	–
Current portion of corporate bonds	2,000	–	16,994	–	1,000
Current portion of long-term bank loans	161	410	441	437	418
Long-term bank loans	4,495	3,473	3,173	2,869	2,482
Promissory notes	17,906	–	–	998	998
Corporate bonds	17,970	17,981	999	2,998	1,999
Total liabilities	386,472	267,636	226,034	241,744	253,096
Total equity	227,682	304,347	314,286	320,755	327,520