HKEx Stock Code: 728
NYSE Stock Code: CHA
Annual report2016
Consolidated Statement of Comprehensive Income
Note 2016
RMB
2015
RMB
Operating revenues 22 352,285 331,202
Operating expenses
      Depreciation and amortisation
      Network operations and support
Selling, general and administrative
      Personnel expenses
      Other operating expenses

23

24
25
(67,938)
(94,092)
(56,417)
(54,460)
(52,177)
(67,664)
(81,240)
(54,472)
(52,541)
(48,843)
Total operating expenses 26 (325,084) (304,760)
Operating profit
Gain from Tower Assets Disposal
      (as defined in Note 18)
Net finance costs
Investment income
Share of profits/(losses) of associates



27
27,201

-
(3,235)
40
91
26,442

5,214
(4,273)
8
(698)
Profit before taxation
Income tax

28
24,097
(5,988)
26,693
(6,551)
Profit for the year 18,109 20,142
Other comprehensive income for the year
Items that may be reclassified subsequently to
      profit or loss:
Change in fair value of available-for-sale
      equity securities
Deferred tax on change in fair value of
      available-for-sale equity securities
Exchange difference on translation of
      financial statements of subsidiaries
      outside mainland China
Share of other comprehensive income
      of associates




(228)

57


190

6




652

(163)


129

3
Other comprehensive income for the year, net of tax 25 621
Total comprehensive income for the year 18,134 20,763
Profit attributable to
      Equity holders of the Company
      Non-controlling interests

18,004
105

20,054
88
Profit for the year 18,109 20,142
Total comprehensive income attributable to
      Equity holders of the Company
      Non-controlling interests

18,029
105

20,675
88
Total comprehensive income for the year 18,134 20,763
Basic earnings per share 33 0.22 0.25
Number of shares (in millions) 33 80,932 80,932

The notes on pages 133 to 195 form part of these consolidated financial statements