UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As At 30 June 2022
(All amounts in RMB millions)
(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.
