China Communications Services Corporation Limited Annual Report 2015
123
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
9. PROFIT BEFORE TAX
Profit before tax has been arrived at after charging (crediting) the following items:
2015
2014
RMB’000
RMB’000
(a) Staff costs:
Salaries, wages and other benefits
13,395,240
13,285,508
Contributions to defined contribution retirement schemes
1,145,518
1,138,305
14,540,758
14,423,813
(b) Other items:
Depreciation
— Property, plant and equipment (note 16)
682,447
705,178
— Investment properties (note 17)
41,490
43,270
Amortisation
— Lease prepayments (note 19)
27,912
27,525
— Other intangible assets (note 21)
93,669
64,769
Auditors’ remuneration
34,395
33,800
Cost of inventories (note 26)
20,452,798
20,190,921
Write-down of inventories (note 26)
64,712
18,666
Reversal of write-down of inventories (note 26)
(1,452)
(1,057)
Impairment losses on accounts and bills and other receivables
700,776
371,645
Reversal of impairment losses on accounts and bills and other receivables
(116,984)
(42,076)
Changes in fair value of financial derivatives
(3,524)
1,969
Operating lease charges
1,601,101
1,451,817
Research and development costs
2,038,016
1,780,923
The selling expenses, general and administrative expenses and other expenses of the Group are RMB1,406 million,
RMB7,264 million and RMB636 million (2014: RMB1,209 million, RMB7,260 million and RMB308 million) respectively for
the year ended 31 December 2015. Research and development costs include RMB1,591 million (2014: RMB1,389 million)
relating to staff costs, amount of which is also included in the staff cost disclosed in note 9(a).
10. INCOME TAX
(a) Income tax in the consolidated statement of profit or loss represents:
2015
2014
RMB’000
RMB’000
Current tax
PRC enterprise income tax
545,567
488,603
Overseas enterprise income tax
20,011
19,631
Deferred tax
Origination and reversal of temporary differences (note 24)
(78,132)
(45,146)
Total income tax
487,446
463,088
