China Communications Services Corporation Limited Annual Report 2015
166
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
45. STATEMENT OF FINANCIAL POSITION AND RESERVES OF THE COMPANY
(continued)
The movements of shareholders’ equity of the Company are as follows:
Share
capital
Share
premium
Capital
reserve
Statutory
surplus
reserve
Retained
earnings
Total
RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000
(note 36)
At 1 January 2014
6,926,018 4,529,310 1,966,293 664,801 1,513,128 15,599,550
Profit for the year
—
—
—
—
862,833 862,833
Distribution of dividend
(see note 14(b))
—
—
—
—
(895,534)
(895,534)
Appropriation
—
—
—
86,283
(86,283)
—
At 31 December 2014
6,926,018 4,529,310 1,966,293 751,084 1,394,144 15,566,849
Profit for the year
—
—
—
—
1,050,655 1,050,655
Distribution of dividend
(see note 14(b))
—
—
—
—
(644,812)
(644,812)
Appropriation
—
—
—
105,066 (105,066)
—
At 31 December 2015
6,926,018 4,529,310 1,966,293 856,150 1,694,921 15,972,692
According to the Company’s Articles of Association, the amount of retained earnings available for distribution to equity
shareholders of the Company is the lower of the amount determined in accordance with the PRC Accounting Rules and
Regulations and the amount determined in accordance with IFRSs after the appropriation to statutory surplus reserve as
detailed in notes to the consolidated statement of changes in equity.
