For the year ended 31 December 2023
(All amounts in Renminbi (“RMB”) millions, except per share data)
|
Year ended 31 December |
|||
|
Note |
2023 |
2022 |
|
|
|
|
|
|
|
Revenue |
372,597 |
354,944 |
|
|
Interconnection charges |
(11,294) |
(10,947) |
|
|
Depreciation and amortisation |
(84,847) |
(86,829) |
|
|
Network, operation and support expenses |
(60,026) |
(56,425) |
|
|
Employee benefit expenses |
(62,939) |
(60,726) |
|
|
Costs of telecommunications products sold |
(36,403) |
(34,720) |
|
|
Other operating expenses |
(102,123) |
(92,957) |
|
|
Finance costs |
(1,981) |
(1,095) |
|
|
Interest income |
2,105 |
1,747 |
|
|
Share of net profit of associates |
2,519 |
2,153 |
|
|
Share of net profit of joint ventures |
1,803 |
1,593 |
|
|
Other income — net |
3,534 |
3,850 |
|
|
|
|
|
|
|
Profit before income tax |
22,945 |
20,588 |
|
|
Income tax expenses |
(4,023) |
(3,751) |
|
|
|
|
|
|
|
Profit for the year |
18,922 |
16,837 |
|
|
|
|
|
|
|
Profit attributable to: |
|||
|
Equity shareholders of the Company |
18,726 |
16,745 |
|
|
Non-controlling interests |
196 |
92 |
|
|
|
|
|
|
|
Profit for the year |
18,922 |
16,837 |
|
|
|
|
|
|
|
Earnings per share for profit attributable to equity shareholders of the Company during the year: |
|||
|
Basic earnings per share (RMB) |
0.61 |
0.55 |
|
|
|
|
|
|
|
Diluted earnings per share (RMB) |
0.61 |
0.55 |
|
|
|
|
|
|
The notes on pages 102 to 201 are an integral part of these consolidated financial statements.