HKEx Stock Code: 728
NYSE Stock Code: CHA
Annual report2016
Consolidated Statement of Financial Position
31 December 31 December
2016 2015
Note RMB RMB
ASSETS
Non-current assets
Property, plant and equipment, net 4 389,648 373,981
Construction in progress 5 80,381 69,103
Lease prepayments 22,955 23,609
Goodwill 6 29,923 29,920
Intangible assets 7 11,244 10,739
Interests in associates 9 34,572 34,473
Investments 10 1,535 1,624
Deferred tax assets 11 5,061 4,655
Other assets 19 3,077 3,349
Total non-current assets 578,396 551,453
Current assets
Inventories 12 5,081 6,281
Income tax recoverable 50 105
Accounts receivable, net 13 21,423 21,105
Prepayments and other current assets 14 19,470 16,229
Short-term bank deposits 3,331 2,519
Cash and cash equivalents 15 24,617 31,869
Total current assets 73,972 78,108
Total assets 652,368 629,561
31 December 31 December
2016 2015
Note RMB RMB
LIABILITIES AND EQUITY
Current liabilities
Short-term debt 16 40,780 51,636
Current portion of long-term debt and payable 16 62,276 84
Accounts payable 17 122,444 118,055
Accrued expenses and other payables 18 91,087 82,934
Income tax payable 1,106 2,154
Current portion of finance lease obligations 52 38
Current portion of deferred revenues 19 1,253 1,028
Total current liabilities 318,998 255,929
Net current liabilities (245,026) (177,821)
Total assets less current liabilities 333,370 373,632
Non-current liabilities
Long-term debt and payable 16 9,370 64,830
Finance lease obligations 50 81
Deferred revenues 19 2,305 1,454
Deferred tax liabilities 11 4,770 2,061
Other non-current liabilities 580 455
Total non-current liabilities 17,075 68,881
Total liabilities 336,073 324,810
Equity
Share capital 20 80,932 80,932
Reserves 21 234,392 222,852
Total equity attributable to
equity holders of the Company 315,324 303,784
Non-controlling interests 971 967
Total equity 316,295 304,751
Total liabilities and equity 652,368 629,561
Approved and authorised for issue by the Board of Directors on 21 March 2017.

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