for the year ended 31 December 2015 (Amounts in millions, except per share data)
The notes on pages 128 to 193 form part of these consolidated financial statements.
| Note | 2015 RMB | 2014 RMB | |
|---|---|---|---|
| Operating revenues | 23 | 331,202 | 324,394 |
| Operating expenses | |||
| Depreciation and amortisation | (67,664) | (66,345) | |
| Network operations and support | 24 | (81,240) | (68,651) |
| Selling, general and administrative | (54,472) | (62,719) | |
| Personnel expenses | 25 | (52,541) | (50,653) |
| Other operating expenses | 26 | (48,843) | (47,518) |
| Total operating expenses | 27 | (304,760) | (295,886) |
| Operating profit | 26,442 | 28,508 | |
| Gain from Tower Assets Disposal | 2 | 5,214 | - |
| Net finance costs | 28 | (4,273) | (5,291) |
| Investment income | 8 | 6 | |
| Share of (losses)/profits of associates | (698) | 34 | |
| Profit before taxation | 26,693 | 23,257 | |
| Income tax | 29 | (6,551) | (5,498) |
| Profit for the year | 20,142 | 17,759 | |
| 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 | 652 | (54) | |
| Deferred tax on change in fair value of available-for-sale equity securities | (163) | 14 | |
| Exchange difference on translation of financial statements of subsidiaries outside mainland China | 129 | 3 | |
| Share of other comprehensive income of associates | 3 | (3) | |
| Other comprehensive income for the year, net of tax | 621 | (40) | |
| Total comprehensive income for the year | 20,763 | 17,719 | |
| Profit attributable to | |||
| Equity holders of the Company | 20,054 | 17,680 | |
| Non-controlling interests | 88 | 79 | |
| Profit for the year | 20,142 | 17,759 | |
| Total comprehensive income attributable to | |||
| Equity holders of the Company | 20,675 | 17,640 | |
| Non-controlling interests | 88 | 79 | |
| Total comprehensive income for the year | 20,763 | 17,719 | |
| Basic earnings per share | 34 | 0.25 | 0.22 |
| Number of shares (in millions) | 34 | 80,932 | 80,932 |
The notes on pages 128 to 193 form part of these consolidated financial statements.