Investor Presentaiton
Appendix 1.1: Extracted from Unaudited Condensed Consolidated Statement
Comprehensive Income for the Six Months Period Ended 30 June 2022
④ 中国电信
CHINA TELECOM
RMB Mil
Operating Revenues
Service Revenues
1H2021
1H2022
Change
RMB Mil
1H2021
1H2022
Change
219,237
242,319
10.5%
SG&A
28,740
32,026
11.4%
203,502
221,384
8.8%
Mobile Communications Service
93,342
98,956
6.0%
Incl.: Selling Expense
R&D Expense
23,839
25,967
8.9%
694
982
41.5%
Incl. Handset Internet Access
70,541
73,775
4.6%
Other Operating Expenses
20,555
25,776
25.4%
Wireline and Smart Family Service
57,350
59,871
4.4%
Incl.: Interconnection Charges
6,059
6,348
4.8%
Cost of Goods Sold
13,682
Incl.: Broadband Access
38,107
40,799
7.1%
18,519
35.4%
Smart Family
Industrial Digitalisation
Operating Profit
21,251
23,113
8.8%
7,174
8,049
12.2%
Net Finance Costs
(1,079)
(30)
-97.3%
50,113
58,932
17.6%
Investment Income and Others,
3,243
842
-74.0%
Incl.: IDC
16,070
17,852
11.1%
Share of Profits of Associates and Joint Ventures
Profit Before Taxation
23,415
23,925
2.2%
Other Service Revenues
2,697
3,625
34.4%
Income Tax
(5,549)
(5,572)
0.4%
Sales of Goods and Others
15,735
20,935
33.0%
Profit for the Period
17,866
18,353
2.7%
Operating Expenses
197,986
219,206
10.7%
Depreciation & Amortisation
45,097
46,735
3.6%
Equity Holders of the Company
Non-controlling Interests
17,743
18,291
3.1%
123
62
-49.6%
Network Operations & Support
63,909
70,051
9.6%
Incl.: Tower Usage Fee
5,657
5,710
0.9%
Personnel
39,685
44,618
12.4%
Free Cash Flow
1H2021
1H2022
Change
26,782
14,502
-45.9%
Note: 1. Mobile service revenues amounted to RMB104.5Bil, representing an increase of 6.7% year-on-year; wireline service revenues amounted to RMB116.9Bil, representing an increase of 10.7% year-on-year
2. Excluding the impact resulting from the application of IFRS 16, the tower usage fee in 1H2022 was RMB10,225Mil
3. Free Cash Flow = EBITDA - CAPEX - Income Tax Expenses - Depreciation Charge for Right-of-Use Assets Other than Land-Use-Rights (1H2022: RMB8,119Mil)
2022 Interim Results |33View entire presentation