5-year Financial Summary
5-year Financial Summary
  For the year ended 31 December

(Amounts in thousands, except per share data)
2018
RMB
2017
RMB
2016
RMB
2015
RMB
2014
RMB
Results
Revenue from telecommunications infrastructure services 57,359,436 50,510,988 45,886,950 39,209,267 34,008,077
Revenue from business process outsourcing services 35,102,822 32,763,685 32,533,602 33,014,030 31,215,423
Revenue from applications, content and other services 13,714,379 11,297,738 10,028,804 8,736,649 7,952,752
Total Revenues 106,176,637 94,572,411 88,449,356 80,959,946 73,176,252
Depreciation and amortization (466,096) (472,621) (455,215) (447,031) (450,741)
Direct personnel costs (8,747,317) (8,647,493) (8,316,693) (8,731,020) (8,892,965)
Materials costs (9,783,239) (9,327,654) (8,281,024) (7,799,871) (6,662,691)
Direct costs of products distribution (4,629,177) (6,594,772) (9,764,598) (12,652,927) (13,528,230)
Subcontracting charges (57,555,216) (46,858,020) (41,016,647) (31,811,771) (25,763,190)
Operating lease charges and others (12,110,626) (10,459,491) (8,925,014) (8,129,685) (7,196,732)
Cost of revenues (93,291,671) (82,360,051) (76,759,191) (69,572,305) (62,494,549)
Gross profit 12,884,966 12,212,360 11,690,165 11,387,641 10,681,703
Other operating income 1,244,889 1,014,492 943,021 854,051 805,579
Selling, general and administrative expenses (10,611,071) (9,885,426) (9,501,481) (9,306,152) (8,777,028)
Other operating expenses (173,722) (126,278) (95,232) (109,170) (84,638)
Finance costs (25,179) (47,119) (46,667) (51,392) (20,430)
Share of profits of associates and joint ventures 105,421 63,782 66,095 49,985 25,700
Profit before tax 3,425,304 3,231,811 3,055,901 2,824,963 2,630,886
Income tax (497,405) (482,733) (502,706) (487,446) (463,088)
Profit for the year 2,927,899 2,749,078 2,553,195 2,337,517 2,167,798
Attributable to:
Equity shareholders of the Company 2,901,324 2,714,213 2,536,249 2,334,412 2,150,258
Non-controlling interests 26,575 34,865 16,946 3,105 17,540
Profit for the year 2,927,899 2,749,078 2,553,195 2,337,517 2,167,798
Basic earnings per share (RMB) 0.419 0.392 0.366 0.337 0.31
  At 31 December

(Amounts in thousands, except per share data)
2018
RMB
2017
RMB
2016
RMB
2015
RMB
2014
RMB
Financial position
Property, plant and equipment, net 4,384,700 4,190,375 4,215,616 4,331,796 4,538,844
Other non-current assets 8,027,467 4,199,679 3,837,012 4,212,497 4,014,077
Inventories 2,253,027 2,275,735 2,221,334 2,883,989 2,420,898
Accounts and bills receivable, net 18,668,024 30,370,500 29,362,985 27,520,829 27,441,198
Contract assets, net 15,664,758
Prepayments and other current assets 8,646,123 11,815,129 6,740,547 6,873,074 5,833,187
Financial assets at fair value through profit or loss 5,046,898 1,262,514
Cash and cash equivalents 16,106,246 13,266,631 13,324,079 9,535,851 7,313,515
Restricted deposits 2,128,757 3,354,288 2,892,408 2,555,290 1,199,411
Total assets 80,926,000 70,734,851 62,593,981 57,913,326 52,761,130
Interest-bearing borrowings 462,003 308,876 46,697 177,005 246,818
Accounts and bills payable 28,279,533 24,600,681 20,399,409 19,699,385 18,815,568
Contract liabilities 8,648,060
Receipts in advance for contract work 4,997,284 4,046,097 2,911,542 1,578,088
Accrued expenses and other payables 9,017,427 11,320,729 9,730,662 8,691,602 7,424,966
Income tax payable 323,514 339,393 351,647 309,261 312,796
Non-current liabilities 1,366,602 348,237 971,687 914,922 839,707
Total liabilities 48,097,139 41,915,200 35,546,199 32,703,717 29,217,943
Equity attributable to equity shareholders of the Company 32,331,323 28,329,098 26,573,429 24,760,813 23,029,873
Non-controlling interests 497,538 490,553 474,353 448,796 513,314
Total equity 32,828,861 28,819,651 27,047,782 25,209,609 23,543,187
Total liabilities and equity 80,926,000 70,734,851 62,593,981 57,913,326 52,761,130