Investor Relations
CONSOLIDATED STATEMENT OF INCOME
For the year ended 31 December 2022
(All amounts in Renminbi (“RMB”) millions, except per share data)
Year ended 31 December
  Note 2021 2022
Revenue 6 327,854 354,944
Interconnection charges (11,557) (10,947)
Depreciation and amortisation (85,652) (86,829)
Network, operation and support expenses 7 (53,087) (56,425)
Employee benefit expenses 8 (58,944) (60,726)
Costs of telecommunications products sold 9 (30,683) (34,720)
Other operating expenses 10 (77,263) (92,957)
Finance costs 11 (1,385) (1,095)
Interest income 1,215 1,747
Share of net profit of associates 1,862 2,153
Share of net profit of joint ventures 1,448 1,593
Other income — net 12 4,119 3,850
Profit before income tax 17,927 20,588
Income tax expenses 13 (3,420) (3,751)
Profit for the year 14,507 16,837
Profit attributable to:
Equity shareholders of the Company 14,368 16,745
Non-controlling interests 139 92
Profit for the year 14,507 16,837
Earnings per share for profit attributable to equity shareholders of the Company during the period:
Basic earnings per share (RMB) 14 0.47 0.55
Diluted earnings per share (RMB) 14 0.47 0.55

The notes on pages 106 to 205 are an integral part of these consolidated financial statements.

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