China Communications Services Corporation Limited Annual Report 2015
172
FINANCIAL SUMMARY
(Amounts in thousands, except per share data)
At 31 December
2015
2014
2013
2012
2011
RMB
RMB
RMB
RMB
RMB
(Note 1)
Financial position
Property, plant and equipment, net
4,331,796
4,538,844
4,686,953
4,517,754
4,495,582
Other non-current assets
4,212,497
4,014,077
3,408,183
3,306,161
3,093,541
Inventories
2,883,989
2,420,898
2,228,214
1,894,825
1,705,641
Accounts and bills receivable, net
27,520,829
27,441,198 25,428,055 21,321,955 17,323,211
Prepayments and other current assets
6,873,074
5,833,187
5,027,405
4,773,469
4,636,968
Cash and cash equivalents
9,535,851
7,313,515
6,760,237
8,879,491
7,380,435
Restricted deposits
2,555,290
1,199,411
712,259
266,979
320,039
Total assets
57,913,326
52,761,130 48,251,306 44,960,634 38,955,417
Interest-bearing borrowings
177,005
246,818
53,901
409,805
998,335
Accounts and bills payable
19,699,385
18,815,568 17,080,784 14,843,934 12,780,549
Receipts in advance for contract work
2,911,542
1,578,088
1,164,029
1,386,805
1,166,285
Accrued expenses and other payables
8,691,602
7,424,966
7,126,497
6,763,252
6,853,292
Income tax payable
309,261
312,796
315,222
309,761
305,717
Non-current liabilities
914,922
839,707
222,851
244,918
215,015
Total liabilities
32,703,717
29,217,943 25,963,284 23,958,475 22,319,193
Equity attributable to equity
shareholders of the Company
24,760,813
23,029,873 21,772,763 20,502,739 16,284,108
Non-controlling interests
448,796
513,314
515,259
499,420
352,116
Total equity
25,209,609
23,543,187 22,288,022 21,002,159 16,636,224
Total liabilities and equity
57,913,326
52,761,130 48,251,306 44,960,634 38,955,417
Note 1: On 30 June 2012 and 26 July 2012, the Group acquired the Target Interests and SBSS from CTC. Since the Group, the Target Interests and SBSS are under
common control of CTC, the Target Interests and SBSS have been accounted for as a combination of entities under common control in manner similar to
pooling-of-interests. Accordingly, the assets and liabilities of the Target Interests and SBSS have been accounted for at historical costs and the consolidated
financial statements of the Company prior to the acquisition of the Target Interests and SBSS have been restated to include the results of operations and
assets and liabilities of the Target Interests and SBSS on a combined basis. Our financial summary of 2011 have been restated to include the results and
financial condition of the Target Interests and SBSS in the relevant period.
