HKEx Stock Code: 728
NYSE Stock Code: CHA

Notes to the Consolidated Financial Statements

Notes to the Consolidated Financial Statements

for the year ended 31 December 2015

1. Principal Activities, Organisation and Basis of Presentation

2. Disposal of Certain Telecommunications Towers and Related Assets

3. Significant Accounting Policies

4. Application of Revised International Financial Reporting Standards

5. Property, Plant and Equipment, Net

6. Construction in Progress

7. Goodwill

8. Intangible Assets

9. Investments in Subsidiaries

10. Interests in Associates

11. Investments

12. Deferred Tax Assets and Liabilities

13. Inventories

14. Accounts Receivable, Net

15. Prepayments and Other Current Assets

16. Cash and Cash Equivalents

17. Short-Term and Long-Term Debt and Payable

18. Cash and Cash Equivalents

19. Accrued Expenses and Other Payables

20. Deferred Revenues

21. Share Capital

22. Reserves

23. Operating Revenues

24. Network Operations and Support Expenses

25. Personnel Expenses

26. Other Operating Expenses

27. Total Operating Expenses

28. Net Finance Costs

29. Income Tax

30. Directors’ and Supervisors’ Remuneration

31. Individuals With Highest Emoluments and Senior Management Remuneration

32. Profit Attributable to Equity Holders of the Company

33. Dividends

34. Basic Earnings Per Share

35. Commitments and Contingencies

36. Financial Instruments

37. Capital Management

38. Related Party Transactions

39. Information About the Statement of Financial Position of the Company

40. Post-Employment Benefits Plans

41. Stock Appreciation Rights

42. Accounting Estimates and Judgements

43. Possible Impact of Amendments and New Standards Issued But Not Yet Effective for the Annual Accounting Period Ended 31 December 2015

44. Parent and Ultimate Holding Company