Financial Highlights

Consolidated Statement of Income

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

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  Year ended 31 December
  Note 2016 2017
Revenue 6 274,197 274,829
Interconnection charges (12,739) (12,617)
Depreciation and amortisation (76,805) (77,492)
Network, operation and support expenses 7 (51,167) (54,507)
Employee benefit expenses 8 (36,907) (42,471)
Costs of telecommunications products sold 9 (39,301) (26,643)
Other operating expenses 10 (54,585) (57,166)
Finance costs 11 (5,017) (5,734)
Interest income 1,160 1,647
Share of net profit of associates 204 893
Share of net profit of joint ventures 153 574
Other income – net 12 1,591 1,280
Profit before income tax   784 2,593
Income tax expenses 13 (154) (743)
Profit for the year   630 1,850
Profit attributable to:
Equity shareholders of the Company   625 1,828
Non-controlling interests   5 22
Earnings per share for profit attributable to equity shareholders of the Company during the year:
Basic earnings per share (RMB) 14 0.03 0.07
Diluted earnings per share (RMB) 14 0.03 0.07

Details of dividends attributable to equity shareholders of the Company for the years ended 31 December 2017 and 2016 are set out in Note 30.

The notes on pages 111 to 187 are an integral part of these consolidated financial statements.