Financial Highlights

Unaudited Condensed Consolidated Interim Statement of Income

(All amounts in RMB millions, except per share data)

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  Six months ended 30 June
  Note 2017 2018
Revenue 5 138,160 149,105
Interconnection charges (6,331) (6,685)
Depreciation and amortisation (38,874) (38,646)
Network, operation and support expenses 6 (26,365) (27,744)
Employee benefit expenses 7 (20,074) (24,410)
Costs of telecommunications products sold 8 (14,638) (14,696)
Other operating expenses 9 (27,193) (29,897)
Finance costs 10 (3,130) (1,122)
Interest income 703 908
Share of net profit of associates 487 554
Share of net profit of joint ventures 261 291
Other income – net 11 411 161
Profit before income tax 3,417 7,819
Income tax expenses 12 (994) (1,870)
Profit for the period 2,423 5,949
Profit attributable to:
Equity shareholders of the Company 2,415 5,912
Non-controlling interests 8 37
Earnings per share for profit attributable to equity shareholders of the Company during the period:
Basic earnings per share (RMB) 13 0.10 0.19
Diluted earnings per share (RMB) 13 0.10 0.19

Note: The Group has initially applied IFRS/HKFRS 15 and IFRS/HKFRS 9 (2014) at 1 January 2018. Under the transition method chosen, comparative information is not restated. See Note 3.

The notes on pages 16 to 52 are an integral part of this unaudited condensed consolidated interim financial information.