UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As At 30 June 2023
(All amounts in RMB millions)
(All amounts in RMB millions)
| Note | 31 December 2022 | 30 June 2023 | |
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment | 14 | 352,433 | 346,445 |
| Right-of-use assets | 15 | 59,227 | 55,157 |
| Goodwill | 2,771 | 2,771 | |
| Interest in associates | 42,469 | 42,195 | |
| Interest in joint ventures | 8,582 | 9,365 | |
| Deferred income tax assets | 12 | 469 | 1,505 |
| Contract assets | 61 | 88 | |
| Contract costs | 5,857 | 7,224 | |
| Financial assets measured at fair value | 16 | 4,109 | 4,771 |
| Other assets | 17 | 20,442 | 20,726 |
| 496,420 | 490,247 | ||
| Current assets | |||
| Inventories | 1,882 | 3,843 | |
| Contract assets | 271 | 276 | |
| Accounts receivable | 18 | 26,331 | 46,690 |
| Prepayments and other current assets | 19 | 21,155 | 25,668 |
| Amounts due from ultimate holding company | 33 | 4,606 | 4,615 |
| Amounts due from related parties | 33 | 465 | 546 |
| Amounts due from domestic carriers | 1,944 | 3,262 | |
| Financial assets measured at fair value | 16 | 19,593 | 19,597 |
| Short-term bank deposits and restricted deposits | 14,699 | 12,230 | |
| Cash and cash equivalents | 20 | 55,297 | 52,355 |
| 146,243 | 169,082 | ||
| Total assets | 642,663 | 659,329 | |
| EQUITY | |||
| Equity attributable to equity shareholders of the Company | |||
| Share capital | 21 | 254,056 | 254,056 |
| Reserves | (15,234) | (14,562) | |
| Retained profits | |||
| – Proposed 2023 interim dividend | 22 | – | 6,211 |
| – Proposed 2022 final dividend | 22 | 3,335 | – |
| – Others | 99,462 | 105,642 | |
| 341,619 | 351,347 | ||
| Non-controlling interests | 1,917 | 2,302 | |
| Total equity | 343,536 | 353,649 | |
| LIABILITIES | |||
| Non-current liabilities | |||
| Long-term bank loans | 23 | 1,528 | 1,364 |
| Lease liabilities | 36,429 | 33,571 | |
| Deferred income tax liabilities | 12 | 950 | 144 |
| Deferred revenue | 7,832 | 8,263 | |
| Amounts due to ultimate holding company | 300 | 300 | |
| Other obligations | 1,218 | 935 | |
| 48,257 | 44,577 | ||
| Current liabilities | |||
| Short-term bank loans | 26 | 331 | 531 |
| Commercial papers | 27 | 5,025 | 5,070 |
| Current portion of long-term bank loans | 23 | 368 | 353 |
| Lease liabilities | 12,495 | 11,668 | |
| Accounts payable and accrued liabilities | 28 | 154,838 | 160,677 |
| Bills payable | 5,811 | 6,901 | |
| Taxes payable | 2,197 | 3,701 | |
| Amounts due to ultimate holding company | 33 | 1,759 | 777 |
| Amounts due to related parties | 33 | 18,326 | 23,422 |
| Amounts due to domestic carriers | 2,125 | 3,024 | |
| Current portion of other obligations | 2,493 | 2,494 | |
| Contract liabilities | 44,714 | 42,246 | |
| Advances from customers | 388 | 239 | |
| 250,870 | 261,103 | ||
| Total liabilities | 299,127 | 305,680 | |
| Total equity and liabilities | 642,663 | 659,329 | |
| Net current liabilities | (104,627) | (92,021) | |
| Total assets less current liabilities | 391,793 | 398,226 |
The notes on pages 22 to 52 are an integral part of these unaudited condensed consolidated interim financial statements.
