Financial Hightlights

Unaudited Condensed Consolidated Interim Statement of Financial Position

(All amounts in RMB millions)

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  Note 31 Dec 2016 30 Jun 2017
ASSETS
Non-current assets
Property, plant and equipment 14 451,115 421,427
Lease prepayments 9,436 9,295
Goodwill 2,771 2,771
Interest in associates 32,248 32,744
Interest in joint ventures 1,175 1,436
Deferred income tax assets 12 5,986 5,538
Financial assets at fair value through other comprehensive income 15 4,326 4,696
Other assets 16 24,879 22,515
531,936 500,422
Current assets
Inventories and consumables 17 2,431 1,792
Accounts receivable 18 13,622 17,000
Prepayments and other current assets 19 14,023 13,341
Amounts due from ultimate holding company 31 235
Amounts due from related parties 31 22,724 22,782
Amounts due from domestic carriers 3,908 4,901
Financial assets at fair value through profit and loss 123 131
Short-term bank deposits and restricted deposits 1,754 2,083
Cash and cash equivalents 23,633 33,834
82,218 96,099
Total assets 614,154 596,521
EQUITY
Equity attributable to equity shareholders of the Company
Share capital 20 179,102 179,102
Reserves (21,017) (20,709)
Retained profits
– Proposed 2016 final dividend 21
– Others 69,322 71,737
227,407 230,130
Non-controlling interests 275 283
Total equity   227,682 230,413

  Note 31 Dec 2016 30 Jun 2017
LIABILITIES
Non-current liabilities
Long-term bank loans 22 4,495 5,410
Promissory notes 23 17,906 9,956
Corporate bonds 24 17,970 17,975
Deferred income tax liabilities 12 113 110
Deferred revenue 2,998 2,902
Other obligations 335 219
43,817 36,572
Current liabilities    
Short-term bank loans 25 76,994 99,057
Commercial papers 26 35,958 23,992
Current portion of long-term bank loans 22 161 451
Current portion of promissory notes 23 18,976 17,969
Accounts payable and accrued liabilities 27 143,224 122,702
Taxes payable 732 711
Amounts due to ultimate holding company 31 2,463 2,504
Amounts due to related parties 31 8,700 9,705
Amounts due to domestic carriers 1,989 2,253
Dividend payable 21 920 920
Current portion of corporate bonds 2,000
Current portion of deferred revenue 369 335
Current portion of other obligations 3,141 2,991
Advances from customers 47,028 45,946
342,655 329,536
Total liabilities   386,472 366,108
Total equity and liabilities   614,154 596,521
Net current liabilities   (260,437) (233,437)
Total assets less current liabilities   271,499 266,985

The notes on pages 14 to 40 are an integral part of this unaudited condensed consolidated interim financial information.