Financial Highlights

Unaudited Condensed Consolidated Interim Statement of Income

(All amounts in RMB millions, except per share data)

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  Six months ended 30 June
  Note 2019 2020
Revenue 5 144,954 150,397
Interconnection charges (5,779) (5,094)
Depreciation and amortisation (41,791) (41,312)
Network, operation and support expenses 6 (20,800) (22,220)
Employee benefit expenses 7 (25,192) (27,503)
Costs of telecommunications products sold 8 (12,391) (11,603)
Other operating expenses 9 (31,284) (34,525)
Finance costs 10 (1,180) (859)
Interest income 645 682
Share of net profit of associates 689 732
Share of net profit of joint ventures 326 257
Other income – net 11 543 784
Profit before income tax 8,740 9,736
Income tax expenses 12 (1,849) (2,138)
Profit for the period 6,891 7,598
Profit attributable to:
Equity shareholders of the Company 6,877 7,569
Non-controlling interests 14 29
Earnings per share for profit attributable to equity shareholders of the Company during the period:
Basic earnings per share (RMB) 13 0.22 0.25
Diluted earnings per share (RMB) 13 0.22 0.25

The notes on pages 18 to 44 are an integral part of this unaudited condensed consolidated interim financial information.