China Communications Services Corporation Limited Annual Report 2015
121
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
3. CHANGES IN ACCOUNTING POLICIES
The IASB has issued several amendments to IFRSs that are first effective for the current year of the Group:
Amendments to IAS 19
Defined Benefit Plans: Employee Contributions
Amendments to IFRSs
Annual Improvements to IFRSs 2010–2012 Cycle
Amendments to IFRSs
Annual Improvements to IFRSs 2011–2013 Cycle
The application of the amendments to IFRSs in the current year has had no material impact on the Group’s financial
performance and positions for the current and prior years and/or on the disclosures set out in these consolidated financial
statements.
4. REVENUES
Revenues are derived from the provision of integrated telecommunications support services, net of sales taxes, and after
allowance for trade discounts. The Group’s revenues by business nature can be summarised as follows:
2015
2014
RMB’000
RMB’000
Revenue from telecommunications infrastructure services
39,209,267
34,008,077
Revenue from business process outsourcing services
33,014,030
31,215,423
Revenue from applications, content and other services
8,736,649
7,952,752
80,959,946
73,176,252
The Group’s major customers are telecommunications operators which include China Telecommunications Corporation and
its subsidiaries (excluding the Group) (“CTC Group”) and China Mobile Communications Corporation and its subsidiaries
(“CM Group”), each contributing a revenue exceeding 10% of the Group’s total revenues. Revenues from the provision of
integrated telecommunications support services to CTC Group and CM Group for the year ended 31 December 2015
amount to RMB39,130 million and RMB12,659 million, respectively (2014: RMB31,948 million and RMB13,279 million,
respectively), being 48.3% and 15.6% of the Group’s total revenues, respectively (2014: 43.7% and 18.1%, respectively).
In addition, the revenues derived from areas outside of Mainland China for the year ended 31 December 2015 amounts to
RMB3,225 million (2014: RMB3,790 million).
5. COST OF REVENUES
2015
2014
RMB’000
RMB’000
Depreciation and amortisation
447,031
450,741
Direct personnel costs
8,731,020
8,892,965
Operating lease charges
1,318,185
1,164,086
Purchase of materials and telecommunications products
20,452,798
20,190,921
Subcontracting charges
31,811,771
25,763,190
Others
6,811,500
6,032,646
69,572,305
62,494,549
