Consolidated Statement of Financial Position
at 31 December 2020 (Amounts in millions)
|
31 December |
31 December |
||
|
Notes |
RMB |
RMB |
|
|
ASSETS |
|||
|
Non-current assets |
|||
|
Property, plant and equipment, net |
4 |
418,605 |
410,008 |
|
Construction in progress |
5 |
48,425 |
59,206 |
|
Right-of-use assets |
6 |
59,457 |
61,549 |
|
Goodwill |
7 |
29,920 |
29,923 |
|
Intangible assets |
8 |
18,508 |
16,349 |
|
Interests in associates |
10 |
40,303 |
39,192 |
|
Financial assets at fair value through profit or loss |
73 |
– |
|
|
Equity instruments at fair value through other comprehensive income |
11 |
1,073 |
1,458 |
|
Deferred tax assets |
12 |
8,164 |
7,577 |
|
Other assets |
13 |
6,552 |
4,687 |
|
Total non-current assets |
631,080 |
629,949 |
|
|
Current assets |
|||
|
Inventories |
15 |
3,317 |
2,880 |
|
Income tax recoverable |
334 |
1,662 |
|
|
Accounts receivable, net |
16 |
21,502 |
21,489 |
|
Contract assets |
17 |
604 |
474 |
|
Prepayments and other current assets |
18 |
25,167 |
22,219 |
|
Financial assets at fair value through profit or loss |
– |
39 |
|
|
Short-term bank deposits and restricted cash |
9,408 |
3,628 |
|
|
Cash and cash equivalents |
19 |
23,684 |
20,791 |
|
Total current assets |
84,016 |
73,182 |
|
|
Total assets |
715,096 |
703,131 |
|
|
LIABILITIES AND EQUITY |
|||
|
Current liabilities |
|||
|
Short-term debt |
20 |
27,994 |
42,527 |
|
Current portion of long-term debt |
20 |
1,126 |
4,444 |
|
Accounts payable |
21 |
107,578 |
102,616 |
|
Accrued expenses and other payables |
22 |
56,775 |
48,516 |
|
Contract liabilities |
23 |
63,849 |
54,388 |
|
Income tax payable |
350 |
243 |
|
|
Current portion of lease liabilities |
24 |
13,192 |
11,569 |
|
Current portion of deferred revenues |
25 |
278 |
358 |
|
Total current liabilities |
271,142 |
264,661 |
|
|
Net current liabilities |
(187,126) |
(191,479) |
|
|
Total assets less current liabilities |
443,954 |
438,470 |
|
|
Non-current liabilities |
|||
|
Long-term debt |
20 |
24,222 |
32,051 |
|
Lease liabilities |
24 |
27,455 |
30,577 |
|
Deferred revenues |
25 |
861 |
1,097 |
|
Deferred tax liabilities |
12 |
24,208 |
19,078 |
|
Other non-current liabilities |
1,033 |
627 |
|
|
Total non-current liabilities |
77,779 |
83,430 |
|
|
Total liabilities |
348,921 |
348,091 |
|
|
Equity |
|||
|
Share capital |
26 |
80,932 |
80,932 |
|
Reserves |
27 |
282,524 |
271,578 |
|
Total equity attributable to equity holders of the Company |
363,456 |
352,510 |
|
|
Non-controlling interests |
2,719 |
2,530 |
|
|
Total equity |
366,175 |
355,040 |
|
|
Total liabilities and equity |
715,096 |
703,131 |
Approved and authorised for issue by the Board of Directors on 9 March 2021 and are signed on its behalf by:
|
Ke Ruiwen |
Zhu Min |
|
Chairman and |
Executive Director, |
|
Chief Executive Officer |
Executive Vice President and Chief Financial Officer |
The notes on pages 171 to 244 form part of these consolidated financial statements.