Investor Relations
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As At 30 June 2022
(All amounts in RMB millions)
  31 December 30 June
  Note 2021 2022
ASSETS
Non-current assets
Property, plant and equipment 14 355,031 347,609
Right-of-use assets 15 32,866 30,358
Goodwill 2,771 2,771
Interest in associates 41,278 41,327
Interest in joint ventures 7,138 7,906
Deferred income tax assets 12 271 667
Contract assets 71 55
Contract costs 4,025 4,774
Financial assets measured at fair value 16 3,715 4,204
Other assets 17 17,682 18,714
464,848 458,385
Current assets
Inventories 1,846 3,334
Contract assets 406 295
Accounts receivable 18 17,957 33,044
Prepayments and other current assets 19 17,925 18,718
Amounts due from ultimate holding company 34 10,558 10,506
Amounts due from related parties 34 270 554
Amounts due from domestic carriers 2,007 2,773
Financial assets measured at fair value 16 29,011 15,441
Short-term bank deposits and restricted deposits 11,968 15,902
Cash and cash equivalents 20 34,280 44,665
126,228 145,232
Total assets 591,076 603,617
EQUITY
Equity attributable to equity shareholders of the Company
Share capital 21 254,056 254,056
Reserves (17,228) (16,624)
Retained profits
– Proposed 2022 interim dividend 22 5,049
– Proposed 2021 final dividend 22 2,937
– Others 92,572 98,480
332,337 340,961
Non-controlling interests 1,096 1,130
Total equity 333,433 342,091
LIABILITIES
Non-current liabilities
Long-term bank loans 23 1,835 1,676
Lease liabilities 10,415 10,789
Deferred income tax liabilities 12 417 122
Deferred revenue 6,951 7,423
Amounts due to related parties 34 742 742
Other obligations 1,098 1,126
21,458 21,878
Current liabilities
Short-term bank loans 26 385 462
Amounts due to banks and other financial institutions 27 6,000
Commercial papers 28 6,875
Current portion of long-term bank loans 23 372 376
Current portion of promissory note 24 1,004 1,021
Current portion of corporate bonds 25 2,039
Lease liabilities 12,144 9,529
Accounts payable and accrued liabilities 29 140,124 150,655
Bills payable 4,246 7,135
Taxes payable 1,435 2,619
Amounts due to ultimate holding company 34 4,028 1,018
Amounts due to related parties 34 12,926 14,009
Amounts due to domestic carriers 2,262 2,659
Current portion of other obligations 2,519 2,493
Contract liabilities 45,704 41,325
Advances from customers 122 347
236,185 239,648
Total liabilities 257,643 261,526
Total equity and liabilities 591,076 603,617
Net current liabilities (109,957) (94,416)
Total assets less current liabilities 354,891 363,969

The notes on pages 21 to 48 are an integral part of these unaudited condensed consolidated interim financial statements.

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