UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As At 30 June 2024
(All amounts in RMB millions)
(All amounts in RMB millions)
| Note | 31 December 2023 | 30 June 2024 | |
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment | 14 | 355,995 | 348,616 |
| Right-of-use assets | 15 | 52,608 | 49,952 |
| Goodwill | 2,771 | 2,771 | |
| Interest in associates | 44,188 | 44,178 | |
| Interest in joint ventures | 10,240 | 11,084 | |
| Deferred income tax assets | 12 | 817 | 2,667 |
| Contract assets | 86 | 64 | |
| Contract costs | 8,493 | 8,684 | |
| Amounts due from related parties | 31 | – | 67 |
| Financial assets measured at fair value | 16 | 5,217 | 4,790 |
| Other assets | 17 | 22,535 | 21,026 |
| 502,950 | 493,899 | ||
| Current assets | |||
| Inventories | 2,217 | 4,204 | |
| Contract assets | 279 | 302 | |
| Accounts receivable | 18 | 38,692 | 57,572 |
| Prepayments and other current assets | 19 | 26,208 | 20,635 |
| Amounts due from ultimate holding company | 31 | 4,610 | 6,615 |
| Amounts due from related parties | 31 | 588 | 1,064 |
| Amounts due from domestic carriers | 2,267 | 3,983 | |
| Financial assets measured at fair value | 16 | 24,428 | 18,558 |
| Short-term bank deposits and restricted deposits | 11,079 | 15,069 | |
| Cash and cash equivalents | 20 | 47,733 | 45,839 |
| 158,101 | 173,841 | ||
| Total assets | 661,051 | 667,740 | |
| EQUITY | |||
| Equity attributable to equity shareholders of the Company | |||
| Share capital | 21 | 254,056 | 254,056 |
| Reserves | (12,912) | (12,501) | |
| Retained profits | |||
| – Proposed 2024 interim dividend | 22 | – | 7,591 |
| – Proposed 2023 final dividend | 22 | 4,088 | – |
| – Others | 106,242 | 112,444 | |
| 351,474 | 361,590 | ||
| Non-controlling interests | 2,424 | 2,481 | |
| Total equity | 353,898 | 364,071 | |
| LIABILITIES | |||
| Non-current liabilities | |||
| Long-term bank loans | 23 | 1,252 | 1,117 |
| Lease liabilities | 30,617 | 27,942 | |
| Deferred income tax liabilities | 12 | 600 | 169 |
| Deferred revenue | 9,212 | 8,718 | |
| Amounts due to ultimate holding company | 31 | 881 | 885 |
| Other obligations | 939 | 948 | |
| 43,501 | 39,779 | ||
| Current liabilities | |||
| Short-term bank loans | 24 | 681 | 691 |
| Current portion of long-term bank loans | 23 | 354 | 351 |
| Lease liabilities | 12,640 | 13,095 | |
| Accounts payable and accrued liabilities | 26 | 161,279 | 160,349 |
| Bills payable | 6,275 | 7,417 | |
| Taxes payable | 3,547 | 4,505 | |
| Amounts due to ultimate holding company | 31 | 1,033 | 1,252 |
| Amounts due to related parties | 31 | 25,924 | 28,849 |
| Amounts due to domestic carriers | 2,959 | 4,325 | |
| Current portion of other obligations | 2,493 | 2,493 | |
| Contract liabilities | 46,179 | 40,314 | |
| Advances from customers | 288 | 249 | |
| 263,652 | 263,890 | ||
| Total liabilities | 307,153 | 303,669 | |
| Total equity and liabilities | 661,051 | 667,740 | |
| Net current liabilities | (105,551) | (90,049) | |
| Total assets less current liabilities | 397,399 | 403,850 |
The notes on pages 22 to 52 are an integral part of these unaudited condensed consolidated interim financial statements.
