Investor Presentaiton
Increasing Resource Utilization
④ 中国电信
CHINA TELECOM
RMB Mil
2019
Change
Change as a % of
Service Revenue
Decreased 0.5%
Operating Expenses
346,664
yoy
88,145
16.8%
43.1p.p.
Incl.: Depreciation &
Amortization
76,534
1.4%
0.1p.p.
Growth rate less than service
revenue due to enhanced precision
investment while maintaining
network edge
109,799
5.4%
2.4p.p.
Network Operations &
Support
122,103
5.2%
+1.0p.p.
Personnel
63,567
6.4%
+0.8p.p.
SG&A
57,361
3.5%
1.0p.p.
Incl.: R&D Expense
2,105
457.0%
40.2p.p.
Growth rate decreased remarkably
due to strengthened cost control
while continuing to enhance
network capability and quality
Increased incentives for high-tech
talents and frontline employees
Continued optimization of sales
and marketing management to
increase return on resources
Expanded R&D input to step up
core capability formation
Interconnection
12,683
1.5%
+0.2p.p.
☐
Pro forma figures excluding the impact resulting from the application of IFRS 16
The R&D expense in the table above excluded technology staff personnel expenses and depreciation & amortization of R&D-related assets; aggregate input related to R&D
activities including expenses and capitalized expenditures was RMB11,147 Mil
Note:
1.
2.
Pro forma figures in this presentation are for illustration purpose only and investors should be cautious and not rely on these data
2019 Annual Results | 22View entire presentation