Cover Page
Cover Page | 12 Months Ended |
Dec. 31, 2020shares | |
Document Information [Line Items] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2020 |
Document Fiscal Year Focus | 2020 |
Document Transition Report | false |
Document Fiscal Period Focus | FY |
Trading Symbol | CHU |
Entity Registrant Name | CHINA UNICOM (HONG KONG) Ltd |
Entity Central Index Key | 0001113866 |
Current Fiscal Year End Date | --12-31 |
Entity Current Reporting Status | Yes |
Entity Well-known Seasoned Issuer | Yes |
Entity Voluntary Filers | No |
Entity Shell Company | false |
Entity Emerging Growth Company | false |
Entity Filer Category | Large Accelerated Filer |
Entity File Number | 1-15028 |
Entity Interactive Data Current | Yes |
Entity Incorporation, State or Country Code | K3 |
Security Exchange Name | NYSE |
Entity Address, Country | HK |
Document Registration Statement | false |
Document Annual Report | true |
Entity Common Stock, Shares Outstanding | 30,598,124,345 |
Document Accounting Standard | International Financial Reporting Standards |
Title of 12(b) Security | Ordinary shares |
Document Shell Company Report | false |
ICFR Auditor Attestation Flag | true |
American Depositary Shares [Member] | |
Document Information [Line Items] | |
Security Exchange Name | NYSE |
Title of 12(b) Security | Ordinary shares |
No Trading Symbol Flag | true |
Consolidated Statements of Inco
Consolidated Statements of Income ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥)¥ / shares | Dec. 31, 2020USD ($)$ / shares | Dec. 31, 2019CNY (¥)¥ / shares | Dec. 31, 2018CNY (¥)¥ / shares | |
Profit or loss [abstract] | ||||
Revenue | ¥ 303,838 | $ 46,565 | ¥ 290,515 | ¥ 290,877 |
Interconnection charges | (10,574) | (1,620) | (11,513) | (12,579) |
Depreciation and amortization | (83,017) | (12,723) | (83,080) | (75,777) |
Network, operation and support expenses | (46,286) | (7,094) | (43,236) | (55,077) |
Employee benefit expenses | (55,740) | (8,542) | (50,516) | (48,143) |
Costs of telecommunications products sold | (26,862) | (4,117) | (26,412) | (27,604) |
Other operating expenses | (70,237) | (10,764) | (64,480) | (62,561) |
Finance costs | (1,747) | (268) | (2,123) | (1,625) |
Interest income | 1,366 | 209 | 1,272 | 1,712 |
Share of net profit of associates | 1,588 | 243 | 1,359 | 2,477 |
Share of net profit of joint ventures | 787 | 121 | 646 | 598 |
Other income – net | 2,911 | 446 | 1,735 | 783 |
Income before income tax | 16,027 | 2,456 | 14,167 | 13,081 |
Income tax expenses | (3,450) | (528) | (2,795) | (2,824) |
Net income for the year | 12,577 | 1,928 | 11,372 | 10,257 |
Attributable to: | ||||
Equity shareholders of the Company | 12,493 | 1,915 | 11,330 | 10,197 |
Non-controlling interests | ¥ 84 | $ 13 | ¥ 42 | ¥ 60 |
Earnings per share for income attributable to equity shareholders of the Company during the year: | ||||
Basic earnings per share | (per share) | ¥ 0.41 | $ 0.06 | ¥ 0.37 | ¥ 0.33 |
Diluted earnings per share | (per share) | ¥ 0.41 | $ 0.06 | ¥ 0.37 | ¥ 0.33 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Statement of comprehensive income [abstract] | ||||
Net income for the year | ¥ 12,577 | $ 1,928 | ¥ 11,372 | ¥ 10,257 |
Items that will not be reclassified to statements of income: | ||||
Changes in fair value of financial assets measured at FVOCI (non-recycling) | (1,482) | (227) | (583) | (383) |
Tax effect on changes in fair value of financial assets measured at FVOCI (non-recycling) | 4 | 1 | 2 | 2 |
Changes in fair value of financial assets measured at FVOCI, net of tax (non-recycling) | (1,478) | (226) | (581) | (381) |
Others | (5) | (1) | (1) | (4) |
Items that will not be reclassified to statements of income | (1,483) | (227) | (582) | (385) |
Item that may be reclassified subsequently to statements of income: | ||||
Changes in fair value of financial assets measured at FVOCI, net of tax (recycling) | 34 | 5 | ||
Currency translation differences | (257) | (40) | 81 | 140 |
Item that may be reclassified subsequently to statements of income | (223) | (35) | 81 | 140 |
Other comprehensive income for the year, net of tax | (1,706) | (262) | (501) | (245) |
Total comprehensive income for the year | 10,871 | 1,666 | 10,871 | 10,012 |
Total comprehensive income attributable to: | ||||
Equity shareholders of the Company | 10,787 | 1,653 | 10,829 | 9,952 |
Non-controlling interests | ¥ 84 | $ 13 | ¥ 42 | ¥ 60 |
Consolidated Statements of Fina
Consolidated Statements of Financial Position ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Non-current assets | |||
Property, plant and equipment | ¥ 364,187 | $ 55,814 | ¥ 367,401 |
Right-of-use assets | 37,960 | 5,818 | 43,073 |
Goodwill | 2,771 | 425 | 2,771 |
Interest in associates | 38,802 | 5,947 | 36,445 |
Interest in joint ventures | 5,656 | 867 | 4,771 |
Deferred income tax assets | 745 | 114 | 1,226 |
Contract assets | 103 | 16 | 595 |
Contract costs | 3,672 | 563 | 4,923 |
Financial assets measured at fair value | 3,493 | 535 | 3,891 |
Other assets | 14,591 | 2,235 | 13,808 |
Non-current assets | 471,980 | 72,334 | 478,904 |
Current assets | |||
Inventories and consumables | 1,951 | 299 | 2,359 |
Contract assets | 823 | 126 | 1,308 |
Accounts receivable | 16,287 | 2,496 | 17,233 |
Prepayments and other current assets | 15,882 | 2,434 | 12,456 |
Financial assets measured at fair value | 24,189 | 3,707 | 202 |
Short-term bank deposits and restricted deposits | 11,989 | 1,837 | 3,716 |
Cash and cash equivalents | 23,085 | 3,538 | 34,945 |
Current assets | 108,636 | 16,649 | 83,595 |
Total assets | 580,616 | 88,983 | 562,499 |
EQUITY | |||
Share capital | 254,056 | 38,936 | 254,056 |
Reserves | (18,821) | (2,884) | (18,803) |
Retained profits | |||
Proposed final dividend | 5,018 | 769 | 4,529 |
Others | 86,334 | 13,231 | 80,265 |
Equity attributable to equity shareholders of the Company | 326,587 | 50,052 | 320,047 |
Non-controlling interests | 933 | 143 | 708 |
Total equity | 327,520 | 50,195 | 320,755 |
Non-current liabilities | |||
Long-term bank loans | 2,482 | 380 | 2,869 |
Promissory notes | 998 | 153 | 998 |
Corporate bonds | 1,999 | 306 | 2,998 |
Lease liabilities | 16,458 | 2,522 | 21,535 |
Deferred income tax liabilities | 64 | 10 | 87 |
Deferred revenue | 5,927 | 908 | 4,851 |
Amounts due to related parties | 3,042 | 466 | 3,042 |
Other obligations | 98 | 16 | 174 |
Non-current liabilities | 31,068 | 4,761 | 36,554 |
Current liabilities | |||
Short-term bank loans | 740 | 113 | 5,564 |
Commercial papers | 7,000 | 1,073 | 8,995 |
Current portion of long-term bank loans | 418 | 64 | 437 |
Current portion of corporate bonds | 1,000 | 153 | |
Lease liabilities | 11,503 | 1,763 | 10,790 |
Accounts payable and accrued liabilities | 134,437 | 20,603 | 117,525 |
Bills payable | 5,482 | 840 | 4,039 |
Taxes payable | 2,805 | 430 | 1,534 |
Dividend payable | 920 | ||
Current portion of other obligations | 2,529 | 388 | 2,604 |
Contract liabilities | 42,641 | 6,535 | 40,648 |
Advances from customers | 359 | 55 | 330 |
Current liabilities | 222,028 | 34,027 | 205,190 |
Total liabilities | 253,096 | 38,788 | 241,744 |
Total equity and liabilities | 580,616 | 88,983 | 562,499 |
Net current liabilities | (113,392) | (17,378) | (121,595) |
Total assets less current liabilities | 358,588 | 54,956 | 357,309 |
Ultimate holding company [member] | |||
Current assets | |||
Accounts receivable | 10,570 | 1,620 | 7,688 |
Current liabilities | |||
Accounts payable and accrued liabilities | 1,640 | 251 | 1,779 |
Related parties [member] | |||
Current assets | |||
Accounts receivable | 195 | 30 | 240 |
Current liabilities | |||
Accounts payable and accrued liabilities | 9,183 | 1,407 | 7,851 |
Domestic carriers [member] | |||
Current assets | |||
Accounts receivable | 3,665 | 562 | 3,448 |
Current liabilities | |||
Accounts payable and accrued liabilities | ¥ 2,291 | $ 352 | ¥ 2,174 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity ¥ in Millions, $ in Millions | CNY (¥) | USD ($) | Share capital [member]CNY (¥) | Share capital [member]USD ($) | General risk reserve [member]CNY (¥) | General risk reserve [member]USD ($) | Investment revaluation reserve [member]CNY (¥) | Investment revaluation reserve [member]USD ($) | Statutory reserve [member]CNY (¥) | Statutory reserve [member]USD ($) | Other reserves [member]CNY (¥) | Other reserves [member]USD ($) | Retained earnings [member]CNY (¥) | Retained earnings [member]USD ($) | Equity attributable to owners of parent [member]CNY (¥) | Equity attributable to owners of parent [member]USD ($) | Non-controlling interests [member]CNY (¥) | Non-controlling interests [member]USD ($) |
Balance (Previously stated [member]) at Dec. 31, 2017 | ¥ 304,347 | ¥ 254,056 | ¥ 227 | ¥ (6,994) | ¥ 28,877 | ¥ (43,022) | ¥ 70,906 | ¥ 304,050 | ¥ 297 | |||||||||
Balance (Impact on initial application of IFRS 9 (2014) (Note) [member]) at Dec. 31, 2017 | (853) | (85) | (768) | (853) | ||||||||||||||
Balance (Impact on initial application of IFRS 15 (Note) [member]) at Dec. 31, 2017 | 1,750 | 175 | 1,575 | 1,750 | ||||||||||||||
Balance (Balance After IFRS Adjustments [member]) at Dec. 31, 2017 | 305,244 | 254,056 | 227 | (6,994) | 28,967 | (43,022) | 71,713 | 304,947 | 297 | |||||||||
Balance at Dec. 31, 2017 | 304,347 | |||||||||||||||||
Total comprehensive income for the year | 10,012 | (381) | 136 | 10,197 | 9,952 | 60 | ||||||||||||
Capital contribution from non-controlling interests | 7 | 7 | ||||||||||||||||
Appropriation to statutory reserves | 52 | (52) | ||||||||||||||||
Appropriation to other reserves | 247 | (247) | ||||||||||||||||
Dividends relating to 2017,2018 and 2019 | (1,591) | (1,591) | (1,591) | |||||||||||||||
Capital contribution relating to share-based payment borne by A Share Company | 614 | 614 | 614 | |||||||||||||||
Balance (Previously stated [member]) at Dec. 31, 2018 | 314,286 | 254,056 | 474 | (7,375) | 29,019 | (42,272) | 80,020 | 313,922 | 364 | |||||||||
Balance (Impact on initial application of IFRS 16 [Member]) at Dec. 31, 2018 | (1,074) | (107) | (967) | (1,074) | ||||||||||||||
Balance (Balance After IFRS Adjustments [member]) at Dec. 31, 2018 | 313,212 | 254,056 | 474 | (7,375) | 28,912 | (42,272) | 79,053 | 312,848 | 364 | |||||||||
Total comprehensive income for the year | 10,871 | (581) | 80 | 11,330 | 10,829 | 42 | ||||||||||||
Capital contribution from non-controlling interests | 508 | 206 | 206 | 302 | ||||||||||||||
Share of associate's other reserve | (307) | (307) | (307) | |||||||||||||||
Appropriation to statutory reserves | 1,273 | (1,273) | ||||||||||||||||
Appropriation to other reserves | 216 | (216) | ||||||||||||||||
Dividends relating to 2017,2018 and 2019 | (4,100) | (4,100) | (4,100) | |||||||||||||||
Capital contribution relating to share-based payment borne by A Share Company | 571 | 571 | 571 | |||||||||||||||
Balance at Dec. 31, 2019 | 320,755 | 254,056 | 690 | (7,956) | 30,185 | (41,722) | 84,794 | 320,047 | 708 | |||||||||
Total comprehensive income for the year | 10,871 | $ 1,666 | (1,478) | (228) | 12,493 | 10,787 | 84 | |||||||||||
Share of associate's other reserve | (37) | (37) | (37) | |||||||||||||||
Appropriation to statutory reserves | 1,246 | (1,246) | ||||||||||||||||
Appropriation to other reserves | 160 | (160) | ||||||||||||||||
Dividends relating to 2017,2018 and 2019 | (4,529) | (4,529) | (4,529) | |||||||||||||||
Capital contribution relating to share-based payment borne by A Share Company | 375 | 375 | 375 | |||||||||||||||
Others | 85 | (56) | (56) | 141 | ||||||||||||||
Balance at Dec. 31, 2020 | ¥ 327,520 | $ 50,195 | ¥ 254,056 | $ 38,936 | ¥ 850 | $ 130 | ¥ (9,434) | $ (1,445) | ¥ 31,431 | $ 4,817 | ¥ (41,668) | $ (6,386) | ¥ 91,352 | $ 14,000 | ¥ 326,587 | $ 50,052 | ¥ 933 | $ 143 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Cash flows from operating activities | ||||
Cash generated from operations | ¥ 107,428 | $ 16,464 | ¥ 94,952 | ¥ 93,882 |
Interest received | 1,309 | 201 | 1,551 | 1,688 |
Interest paid | (1,832) | (281) | (2,521) | (2,457) |
Income tax paid | (1,354) | (208) | (304) | (726) |
Net cash inflow from operating activities | 105,551 | 16,176 | 93,678 | 92,387 |
Cash flows from investing activities | ||||
Purchase of property, plant and equipment and right-of-use assets | (53,981) | (8,273) | (56,187) | (52,176) |
Purchase of other assets | (4,675) | (716) | (4,355) | (4,590) |
Proceeds from disposal of property, plant and equipment and other assets | 1,647 | 252 | 1,512 | 1,090 |
Acquisition of financial assets measured at FVPL | (5,751) | (881) | (423) | (585) |
Proceeds from disposal of financial assets measured at FVPL | 4,268 | 654 | 531 | 36 |
Acquisition of debt securities measured at FVOCI (recycling) | (42,650) | (6,536) | ||
Proceeds from disposal of debt securities measured at FVOCI (recycling) | 19,511 | 2,990 | ||
Acquisition of other financial assets measured at amortized cost | (9,050) | (1,387) | ||
Proceeds from disposal of other financial assets measured at amortized cost | 9,050 | 1,387 | ||
Dividend received from financial assets measured at FVOCI (non-recycling) | 210 | 32 | 205 | 203 |
Acquisition of interest in associates | (1,349) | (207) | (15) | (67) |
Acquisition of interest in joint ventures | (117) | (18) | (137) | (1,000) |
Proceeds from disposal of associates and a joint venture | 19 | 3 | ||
Dividends received from associates | 546 | 84 | 82 | 20 |
Decrease/(Increase) in short-term bank deposits and restricted deposits | (6,900) | (1,057) | 34 | 3,094 |
Lending by Unicom Group Finance Company Limited ("Finance Company") to a related party | (16,500) | (2,529) | (11,434) | (13,558) |
Repayment of loans from related parties to Finance Company | 13,704 | 2,100 | 11,134 | 6,354 |
Net cash outflow from investing activities | (92,018) | (14,102) | (59,053) | (61,179) |
Cash flows from financing activities | ||||
Capital contributions from non-controlling interests | 66 | 10 | 508 | 7 |
Proceeds from short-term bank loans | 2,740 | 420 | 28,784 | 53,306 |
Proceeds from commercial papers | 8,000 | 1,226 | 8,995 | |
Proceeds from promissory notes | 992 | |||
Proceeds from corporate bonds | 2,000 | |||
Loans from related parties | 50 | 3,090 | ||
Repayment of short-term bank loans | (7,564) | (1,159) | (38,290) | (60,730) |
Repayment of long-term bank loans | (395) | (61) | (418) | (435) |
Repayment of commercial papers | (10,000) | (1,533) | (9,000) | |
Repayment of related party loans | (50) | (8) | (48) | (475) |
Repayment of ultimate holding company loan | (1,344) | |||
Repayment of promissory notes | (18,000) | |||
Repayment of corporate bonds | (17,000) | |||
Repayment of finance lease | (493) | |||
Capital element of lease rentals paid | (11,696) | (1,791) | (11,123) | |
Payment of issuing expense for commercial papers | (7) | (1) | ||
Dividends paid to equity shareholders of the Company | (5,447) | (835) | (4,100) | (1,591) |
Payment of issuing expense for promissory notes | (67) | |||
Net deposits with Finance Company by related parties | 283 | 43 | 236 | 2,354 |
Increase in statutory reserve deposits placed by Finance Company | (1,140) | (175) | (351) | (680) |
Net cash outflow from financing activities | (25,210) | (3,864) | (29,765) | (34,058) |
Net (decrease)/increase in cash and cash equivalents | (11,677) | (1,790) | 4,860 | (2,850) |
Cash and cash equivalents at beginning of year | 34,945 | 5,356 | 30,060 | 32,836 |
Effect of changes in foreign exchange rate | (183) | (28) | 25 | 74 |
Cash and cash equivalents at end of year | 23,085 | 3,538 | 34,945 | 30,060 |
Analysis of the balances of cash and cash equivalents: | ||||
Cash balances | 1 | 1 | 1 | |
Bank balances | 23,084 | 3,538 | 34,944 | 30,059 |
Cash and cash equivalents at end of year | 23,085 | 3,538 | 34,945 | 30,060 |
Income before income tax | 16,027 | 2,456 | 14,167 | 13,081 |
Adjustments for: | ||||
Depreciation and amortization | 83,017 | 12,723 | 83,080 | 75,777 |
Interest income | (1,366) | (209) | (1,272) | (1,712) |
Finance costs | 1,564 | 240 | 1,991 | 1,676 |
Loss on disposal of property, plant and equipment | 2,365 | 364 | 2,179 | 4,148 |
Credit loss allowance and write-down of inventories | 5,584 | 856 | 3,663 | 3,846 |
Dividend from financial assets measured at FVOCI (non-recycling) | (210) | (32) | (205) | (203) |
Gains on disposal of financial assets measured at FVPL | (87) | (13) | (24) | (36) |
Investment income from debt securities measured at FVOCI (recycling) | (174) | (27) | ||
Fair value gains on financial assets measured at FVPL | (154) | (24) | (96) | (31) |
Share of net profit of associates | (1,588) | (243) | (1,359) | (2,477) |
Share of net profit of joint ventures | (787) | (121) | (646) | (598) |
Expenses for restricted shares of A Share Company granted to the Group's employees | 375 | 57 | 571 | 614 |
Changes in working capital: | ||||
Increase in accounts receivable | (4,151) | (636) | (5,928) | (4,887) |
Decrease/(Increase) in contract assets | 1,125 | 172 | (122) | 1,150 |
Increase in contract costs | (1,371) | (210) | (2,188) | (3,001) |
(Increase)/Decrease in inventories and consumables | 59 | 9 | (335) | (385) |
(Increase)/Decrease in restricted deposits | (233) | (36) | 321 | (581) |
Decrease/(Increase) in other assets | (1,694) | (260) | (796) | 1,584 |
Decrease/(Increase) in prepayments and other current assets | (4,178) | (640) | (1,876) | 60 |
Increase in amounts due from ultimate holding company | (36) | (6) | (7) | (20) |
Decrease/(Increase) in amounts due from related parties | (5) | (1) | 745 | 2,339 |
Decrease/(Increase) in amounts due from domestic carriers | (217) | (33) | 364 | 871 |
Increase in accounts payable and accrued liabilities | 8,210 | 1,258 | 2,386 | 6,591 |
Increase in taxes payable | 1,271 | 195 | 623 | 33 |
Increase in advances from customers | 29 | 4 | 2 | 45 |
(Decrease)/Increase in contract liabilities | 1,993 | 305 | (2,002) | (4,322) |
Increase in deferred revenue | 1,076 | 165 | 1,164 | 1,474 |
Increase/(Decrease) in other obligations | (198) | (30) | (16) | 68 |
Increase/(Decrease) in amounts due to ultimate holding company | (11) | (2) | 322 | 40 |
(Decrease)/Increase in amounts due to related parties | 1,076 | 165 | 216 | (868) |
(Decrease)/Increase in amounts due to domestic carriers | 117 | 18 | 30 | (394) |
Cash generated from operations | ¥ 107,428 | $ 16,464 | ¥ 94,952 | ¥ 93,882 |
Organization and Principal Acti
Organization and Principal Activities | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Organization and Principal Activities | 1. ORGANIZATION AND PRINCIPAL ACTIVITIES China Unicom (Hong Kong) Limited (the “Company”) was incorporated as a limited liability company in the Hong Kong Special Administrative Region (“Hong Kong”), the People’s Republic of China (the “PRC”) on February 8, 2000. The principal activity of the Company is investment holding. The principal activities of the Company’s subsidiaries are the provision of voice usage, broadband and mobile data services, data and internet application services, other value-added services, transmission lines usage and associated services and sales of telecommunications products in the PRC. The Company and its subsidiaries are hereinafter referred to as the “Group”. The address of the Company’s registered office is 75th Floor, The Center, 99 Queen’s Road Central, Hong Kong. The shares of the Company were listed on The Stock Exchange of Hong Kong Limited (“SEHK”) on June 22, 2000 and the American Depositary Shares (“ADS”) of the Company were listed on the New York Stock Exchange on June 21, 2000. The substantial shareholders of the Company are China Unicom (BVI) Limited (“Unicom BVI”) and China Unicom Group Corporation (BVI) Limited (“Unicom Group BVI”). The majority of equity interests in Unicom BVI is owned by China United Network Communications Limited (hereinafter referred to as “A Share Company”), a joint stock company incorporated in the PRC on December 31, 2001 with its A shares listed on the Shanghai Stock Exchange on October 9, 2002. The directors of the Company consider Unicom BVI and China United Network Communications Group Company Limited (a state-owned enterprise established in the PRC, hereinafter referred to as “Unicom Group”) as the immediately holding company and ultimate holding company, respectively. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Significant Accounting Policies | 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The principal accounting policies applied in the preparation of these consolidated financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. 2.1 Statement of compliance The financial statements have been prepared in accordance with all applicable International Financial Reporting Standards (“IFRSs”) issued by the International Accounting Standards Board (“IASB”), which collective term includes all applicable individual International Financial Reporting Standards, International Accounting Standards (“IASs”) and Interpretations issued by the IASB. These consolidated financial statements have been authorized for issue by the Company’s board of directors on April 21, 2021. 2.2 Basis of preparation The consolidated financial statements have been prepared under the historical cost convention, except for financial assets measured at fair value. (a) Going Concern Assumption As of December 31, 2020, current liabilities of the Group exceeded current assets by approximately RMB113.4 billion (2019: approximately RMB121.6 billion). Considering the current economic conditions and taking into account of the Group’s expected capital expenditure in the foreseeable future, management has comprehensively considered the Group’s available sources of funds as follows: • The Group’s continuous net cash inflows from operating activities; • Approximately RMB352.4 billion of revolving banking facilities and registered quota of corporate bonds, of which approximately RMB348.4 billion was unutilized as of December 31, 2020; and • Other available sources of financing from domestic banks and other financial institutions in view of the Group’s good credit history. In addition, the Group believes it has the ability to raise funds from short, medium and long-term perspectives and maintain reasonable financing costs through appropriate financing portfolio. Based on the above considerations, the Board of Directors is of the opinion that the Group has sufficient funds to meet its working capital commitments, expected capital expenditure and debt obligations. As a result, the consolidated financial statements of the Group have been prepared on a going concern basis. (b) Critical Accounting Estimates and Judgments The preparation of the consolidated financial statements in conformity with IFRSs requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimate s The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. (c) New Accounting Standards and Amendments effective from January 1, 2018 The Group has early adopted IFRS 9 (2010) “Financial Instruments” (“IFRS 9 (2010)”) in 2011. In 2018, the Group has been impacted by IFRS 9 (2014), “Financial Instruments” (“IFRS 9 (2014)”) in relation to measurement of credit losses, and impacted by IFRS 15, “Revenue from Contracts with Customers” (“IFRS 15”) in relation to capitalization of contract costs and presentation of contract assets and contract liabilities. Details of the changes in accounting policies are discussed in Note 2.2(c)(ii) for IFRS 9 (2014) and Note 2.2(c)(iii) for IFRS 15. (i) Overview Under the transition method chosen, the Group recognizes cumulative effect of the initial application of IFRS 9 (2014) and IFRS 15 as an adjustment to the opening balance of equity at January 1, 2018. Comparative information is not restated. The following table gives a summary of the opening balance adjustments recognized for each line item in the consolidated statements of financial position that has been impacted by IFRS 9 (2014) and IFRS 15: At Impact on (Note 2.2 Impact on (Note 2.2 At ASSETS Deferred income tax assets 5,973 265 (584 ) 5,654 Contract assets — — 753 753 Other assets 20,721 — (5,275 ) 15,446 Contract costs — — 6,856 6,856 Total non-current 495,261 265 1,750 497,276 Accounts receivable 13,964 (1,118 ) — 12,846 Prepayments and other current assets 13,801 — (2,221 ) 11,580 Contract assets — — 2,221 2,221 Total current assets 76,722 (1,118 ) — 75,604 Total assets 571,983 (853 ) 1,750 572,880 EQUITY Reserves (20,912 ) (85 ) 175 (20,822 ) Retained profits - Proposed final dividend 1,591 — — 1,591 - Others 69,315 (768 ) 1,575 70,122 Total equity 304,347 (853 ) 1,750 305,244 CURRENT LIABILITIES Accounts payable and accrued liabilities 125,260 — 3,671 128,931 Current portion of deferred revenue 350 — (311 ) 39 Advances from customers 49,283 — (49,000 ) 283 Contract liabilities — — 45,640 45,640 NON-CURRENT Deferred revenue 3,020 — (782 ) 2,238 Contract liabilities — — 782 782 Total equity and liabilities 571,983 (853 ) 1,750 572,880 Net current liabilities (165,900 ) (1,118 ) — (167,018 ) Total assets less current liabilities 329,361 (853 ) 1,750 330,258 Further details of these changes are set out in sub-sections (ii) IFRS 9 (2014), “Financial instruments”, including the amendments to IFRS 9, “Prepayment features with negative compensation” The Group has early adopted IFRS 9 (2010) in 2011 and has applied IFRS 9 (2014) on January 1, 2018. Compared with IFRS 9 (2010), IFRS 9 (2014) includes the new expected credit losses model for impairment of financial assets, the new general hedge accounting requirements and limited amendments to the classification and measurement of financial assets. The Group has applied IFRS 9 (2014) retrospectively to items that existed at January 1, 2018 in accordance with the transition requirements. The Group has recognized the cumulative effect of initial application as an adjustment to the opening equity at January 1, 2018. Therefore, comparative information continues to be reported under IFRS 9 (2010). The following table summarizes the impact of transition to IFRS 9 (2014) on retained profits and reserves and the related tax impact at January 1, 2018. Reserves and Retained profits Recognition of additional expected credit losses on: - financial assets measured at amortized cost (1,118 ) Related tax 265 Net decrease in retained profits and reserves at January 1, 2018 (853 ) Further details of the nature and effect of the changes to previous accounting policies and the transition approach are set out below: i. Credit losses IFRS 9 (2014) replaces the “incurred loss” model in IFRS 9 (2010) with an “expected credit loss” (“ECL”) model. The ECL model requires an ongoing measurement of credit risk associated with a financial asset and therefore recognizes ECLs earlier than under the “incurred loss” accounting model in IFRS 9 (2010). The Group applies the new ECL model to the following items: • financial assets measured at amortized cost (including cash and cash equivalents, short-term bank deposits and restricted deposits, accounts receivable, prepayments and other current assets, amounts due from ultimate holding company, amounts due from related parties, amounts due from domestic carriers and certain other assets); and • contract assets as defined in IFRS 15 (see Note 2.2(c)(iii)). For further details on the Group’s accounting policy for accounting for credit losses, see Note 2.14. Opening balance adjustment As a result of this change in accounting policy, the Group has recognized additional ECLs amounting to RMB1,118 million, which decreased statutory reserve and retained profits by RMB853 million and increased gross deferred tax assets by RMB265 million at January 1, 2018. The following table reconciles the closing loss allowance determined in accordance with IFRS 9 (2010) as of December 31, 2017 with the opening loss allowance determined in accordance with IFRS 9 (2014) as of January 1, 2018. Loss allowance at December 31, 2017 under IFRS 9 (2010) 6,657 Additional credit loss recognized at January 1, 2018 on: - Accounts receivable 1,118 Loss allowance at January 1, 2018 under IFRS 9 (2014) 7,775 ii. Transition Changes in accounting policies resulting from the adoption of IFRS 9 (2014) have been applied retrospectively, except as described below: • Information relating to comparative periods has not been restated. Differences in the carrying amounts of financial assets resulting from the adoption of IFRS 9 (2014) are recognized in retained profits and reserves as of January 1, 2018. Accordingly, the information presented for 2017 continues to be reported under IFRS 9 (2010) and thus may not be comparable with the information presented for 2018. • If, at the date of initial application, the assessment of whether there has been a significant increase in credit risk since initial recognition would have involved undue cost or effort, a lifetime ECL has been recognized for that financial instrument. (iii) IFRS 15, “Revenue from Contracts with Customers” IFRS 15 establishes a comprehensive framework for recognizing revenue and some costs from contracts with customers. IFRS 15 replaces IAS 18, “Revenue”, which covered revenue arising from sale of goods and rendering of services, and IAS 11, “Construction contracts”, which specified the accounting for construction contract s IFRS 15 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Group has elected to use the cumulative effect transition method and has recognized the cumulative effect of initial application as an adjustment to the opening balance of equity at January 1, 2018. Therefore, comparative information has not been restated and continues to be reported under IAS 11 and IAS 18. As allowed by IFRS 15, the Group has applied the new requirements only to contracts that were not completed before January 1, 2018. The Group’s previous revenue recognition accounting policies of bundled sales transactions were generally consistent with the requirements of IFRS 15 in material respects. Further details of the nature and effect of the changes on previous accounting policies are set out below: Sales commission The Group l The following table summarizes the impact of transition to IFRS 15 on retained profits and reserves and the related tax impact at January 1 , 2018 : Reserves and Retained profits Capitalization of sales commissions 2,334 Related tax (584 ) Net increase in retained profits and reserves at January 1, 2018 1,750 (d) New Accounting Standards and Amendments effective from January 1, 2019 (i) IFRS 16, “Leases” IFRS 16 replaces IAS 17, “Leases” (“IAS 17”), and the related interpretations, IFRIC 4, “Determining whether an arrangement contains a lease”, SIC 15, “Operating leases-incentives” and SIC 27, “Evaluating the substance of transactions involving the legal form of a lease”. It introduces a single accounting model for lessees, which requires a lessee to recognize a right-of-use IFRS 16 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the consolidated financial statements to assess the effect that leases have on the financial position, financial performance and cash flows of an entity. The Group has initially applied IFRS 16 as from January 1, 2019. The Group has elected to use the modified retrospective approach and measure the carrying amount of right-of-use Further details of the nature and effect of the changes to previous accounting policies and the transition options applied are set out below: i. New definition of a lease The change in the definition of a lease mainly relates to the concept of control. IFRS 16 defines a lease on the basis of whether a customer controls the use of an identified asset for a period of time, which may be determined by a defined amount of use. Control is conveyed where the customer has both the right to direct the use of the identified asset and to obtain substantially all of the economic benefits from that us e The Group applies the new definition of a lease in IFRS 16 only to contracts that were entered into or changed on or after January 1, 2019. For contracts entered into before January 1, 2019, the Group has used the transitional practical expedient to grandfather the previous assessment of which existing arrangements are or contain leases. Accordingly, contracts that were previously assessed as leases under IAS 17 continue to be accounted for as leases under IFRS 16 and contracts previously assessed as non-lease ii. Lessee accounting and transitional impact IFRS 16 eliminates the requirement for a lessee to classify leases as either operating leases or finance leases, as was previously required by IAS 17. Instead, the Group is required to capitalize all leases when it is the lessee, including leases previously classified as operating leases under IAS 17, other than those short-term leases and leases of low-value At the date of transition to IFRS 16 (i.e. January 1, 2019), the Group determined the length of the remaining lease terms and measured the lease liabilities for the leases previously classified as operating leases at the present value of the remaining lease payments, discounted using the relevant incremental borrowing rates at January 1, 2019. The weighted average of the incremental borrowing rates used for determination of the present value of the remaining lease payments was 3.7%. To ease the transition to IFRS 16, the Group applied the following recognition exemption and practical expedients at the date of initial application of IFRS 16: a. the Group elected not to apply the requirements of IFRS 16 in respect of the recognition of lease liabilities and right-of-use b. when measuring the lease liabilities at the date of initial application of IFRS 16, the Group applied a single discount rate to a portfolio of leases with reasonably similar characteristics (such as leases with a similar remaining lease term for a similar class of underlying asset in a similar economic environment). The following table reconciles the operating lease commitments as of December 31, 2018 to the opening balance for lease liabilities recognized as of January 1, 2019: January 1, 2019 Operating lease and other commitments at December 31, 2018 54,751 Less: commitments relating to non-lease December 31, 2018 (14,345 ) Operating lease commitments at December 31, 2018 40,406 Less: commitments relating to leases exempt from capitalization: - short-term leases and other leases with remaining lease term ending on or before December 31, 2019 (721 ) - leases of low-value (36 ) Less: total future interest expenses (3,169 ) Present value of remaining lease payments, discounted using the incremental borrowing rate at January 1, 2019 36,480 Add: finance lease liabilities recognized as of December 31, 2018 240 Total lease liabilities recognized at January 1, 2019 36,720 The right-of-use So far as the impact of the adoption of IFRS 16 on leases previously classified as finance leases is concerned, the Group is not required to make any adjustments at the date of initial application of IFRS 16, other than changing the captions for the balances. Accordingly, instead of “Obligations under finance leases”, these amounts are included within “Lease liabilities”, and the depreciated carrying amount of the corresponding leased asset is identified as a right-of-use The following table summarizes the impacts of the adoption of IFRS 16 on the Group’s consolidated statements of financial position: Note Carrying amount at December 31, Capitalization of contracts Carrying amount at January 1, Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: ASSETS Property, plant and equipment 15 384,475 (343 ) 384,132 Lease prepayments 9,290 (9,290 ) — Right-of-use 16 — 47,359 47,359 Interest in associates 19 35,758 (264 ) 35,494 Deferred income tax assets 13 3,401 271 3,672 Other assets 25 14,645 (1,801 ) 12,844 Total non-current 464,411 35,932 500,343 Prepayments and other current assets 28 11,106 (526 ) 10,580 Total current assets 75,909 (526 ) 75,383 Total assets 540,320 35,406 575,726 EQUITY Reserves (20,154 ) (107 ) (20,261 ) Retained profits - Proposed 2018 final dividend 4,100 — 4,100 - Others 75,920 (967 ) 74,953 Total equity 314,286 (1,074 ) 313,212 Note Carrying amount at December 31, Capitalization of operating lease contracts Carrying amount at January 1, 2019 Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: Lease liabilities (non-current 36 — 27,576 27,576 Other obligations 38 190 (6 ) 184 Total non-current 11,124 27,570 38,694 Lease liabilities (current portion) 36 — 9,144 9,144 Current portion of other obligations 38 2,844 (234 ) 2,610 Current liabilities 214,910 8,910 223,820 Net current liabilities (139,001 ) (9,436 ) (148,437 ) Total assets less current liabilities 325,410 26,496 351,906 iii. Impact on the financial results and cash flows of the Group After the initial recognition of right-of-use right-of-use In the statements of cash flows, the Group as a lessee is required to split rentals paid under capitalized leases into their capital element and interest element (see Note 29(c)). Capital element of lease rentals paid are classified as financing cash outflows, similar to how leases previously classified as finance leases under IAS 17 were treated, rather than as operating cash outflows, as was the case for operating leases under IAS 17. Similar to other interest payments of the Group, interest element of lease rentals paid are classified as operating activities in the consolidated cash flow statements. Although total cash flows are unaffected, the adoption of IFRS 16 therefore results in a significant change in presentation of cash flows within the consolidated statements of cash flows (see Note 29(c)). The following tables give an indication of the estimated impact of adoption of IFRS 16 on the Group’s financial result s Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Add back: IFRS 16 depreciation and interest expense (B) Deduct: Estimated amounts related to operating lease as if under IAS 17 (Note a (C) Hypothetical amounts for 2019 as if under IAS 17 (D=A+B+C) Compared to amounts reported for 2018 under IAS 17 Financial results for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Depreciation and amortization (83,080 ) 10,579 — (72,501 ) (75,777 ) Network, operation and support expenses (43,236 ) — (11,345 ) (54,581 ) (55,077 ) Other operating expenses (64,480 ) — (192 ) (64,672 ) (62,561 ) Finance costs (2,123 ) 1,349 — (774 ) (1,625 ) Share of net profit of associates 1,359 37 — 1,396 2,477 Income before income tax 14,167 11,965 (11,537 ) 14,595 13,081 Net income for the year 11,372 11,965 (11,537 ) 11,800 10,257 Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Estimated amounts related to operating leases as if under IAS 17 (Notes a & b Hypothetical amounts for 2019 as if under IAS 17 (C=A+B) Compared to amounts reported for 2018 under IAS 17 Line items in the consolidated statements of cash flows for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Cash generated from operations 94,952 (10,883 ) 84,069 93,882 Net cash inflow from operating activities 93,678 (10,883 ) 82,795 92,387 Capital element of lease rentals paid (11,123 ) 10,883 (240 ) — Net cash outflow from financing activities (29,765 ) 10,883 (18,882 ) (34,058 ) a. The “estimated amounts related to operating leases” is an estimate of the amount that relate to leases which would have been classified as operating leases, if IAS 17 had still applied in 2019. This estimate assumes that all of the new leases entered into in 2019 would have been classified as operating leases under IAS 17, if IAS 17 had still applied in 2019. Any potential net tax effect is ignored. b. In this impact table, these cash outflows are reclassified from financing to operating in order to compute hypothetical amounts of net cash inflow from operating activities and net cash outflow from financing activities as if IAS 17 still applied. iv. Lessor accounting The Group mainly leases out a number of items of properties as the lessor of operating leases. The accounting policies applicable to the Group as a lessor remain substantially unchanged from those under IAS 17. Under IFRS 16, when the Group acts as an intermediate lessor in a sublease arrangement, the Group is required to classify the sublease as a finance lease or an operating lease by reference to the right-of-use (e) New Accounting Standards and Amendments effective from January 1, 2020 The IASB issued a number of amendments to IFRSs and IASs that are first effective for the current accounting period of the Group. Of these, the following amendments are relevant to the Group’s consolidated financial statements: • Amendments to IFRS 3, “Definition of a business” • Amendments to IFRS 9, IAS 39 and IFRS 7, “Interest Rate Benchmark Reform” • Amendments to IAS 1 and IAS 8, “Definition of Material” • Amendments to IFRS 16, “Covid-19-Related None of the amendments have had a material effect on how the Group’s results and financial position for the current or prior periods have been prepared or presented in this consolidated financial statements. The Group has not applied any new standard or interpretation that is not yet effective for the current accounting period. In particular, the Group does not take advantage of the practice expedient available under the amendments to IFRS 16, “Covid-19-related (f) Possible impact of amendments, new standards and interpretations issued but not yet effective for the year ended December 31, 2020. The IASB has issued a number of amendments to IFRSs and IAS which are not yet effective for the year ended December 31, 2020 and which have not been adopted in these consolidated financial statements. Of these, the following developments are relevant to the Group’s consolidated financial statements: Effective for Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, “Interest Rate Benchmark Reform – Phase 2” January 1, 2021 Amendments to IFRS 3, “Reference to the Conceptual Framework” January 1, 2022 Amendments to IAS 16, “Property, Plant and Equipment: Proceeds before Intended Use” January 1, 2022 Amendments to IAS 37, “Onerous Contracts-Cost of Fulfilling a Contract” January 1, 2022 Annual Improvements to IFRS Standards 2018-2020 January 1, 2022 Amendments to IAS 1, “Classification of Liabilities as Current or Non-current” January 1, 2023 The Group is assessing the impact of such amendments to standards and interpretations, and will adopt the relevant amendments to standards and interpretations in the subsequent period as required. So far it has concluded that the adoption of them is unlikely to have a significant impact on the consolidated financial statements. 2.3 Subsidiaries and non-controlling Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed, or has rights to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. When assessing whether the Group has power, only substantive rights (held by the Group and other parties) are considered. An investment in a subsidiary is consolidated into the consolidated financial statements from the date that control commences until the date that control ceases. Intra-group balances, transactions and cash flows and any unrealized profits arising from intra-group transactions are eliminated in full in preparing the consolidated financial statements. Unrealized losses resulting from intra-group transactions are eliminated in the same way as unrealized gains but only to the extent that there is no evidence of impairment. The Group adopted the purchase method of accounting to account for business combination of entities and businesses under common control before 2005. Under the purchase method of accounting in force at the date of the acquisition, the cost of an acquisition was measured at the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the acquisition. Identifiable assets acquired and liabilities and contingent liabilities assumed were measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling Business combination of entity and business under common control of the Group after 2005 was accounted for using merger accounting. Upon the first adoption of IFRSs by the Group in 2008, the Group adopted the accounting policy to account for business combinations of entities and businesses under common control using the predecessor values method. Non-controlling non-controlling non-controlling Non-controlling Non-controlling non-controlling non-controlling Changes in the Group’s interests in a subsidiary that do not result in a loss of control are accounted for as equity transactions, whereby adjustments are made to the amounts of controlling and non-controlling When the Group loses control of a subsidiary, it is accounted for as a disposal of the entire interest in that subsidiary, with a resulting gain or loss being recognized in profit or loss. Any interest retained in that former subsidiary at the date when control is lost is recognized at fair value and this amount is regarded as the fair value on initial recognition of a financial asset (see Note 2.12) or, when appropriate, the cost on initial recognition of an investment in an associate or joint venture (see Note 2.4). In the Company’s statements of financial position, an investment in a subsidiary is stated at cost less impairment losses (see Note 2.13), unless the investment is classified as held for sale (or included in a disposal group that is classified as held for sale). 2.4 Associates, joint ventures and joint arrangement An associate is an entity in which the Group has significant influence, but not control or joint control, over its management, including participation in the financial and operating policy decisions. A joint venture is an arrangement whereby the Group and other parties contractually agree to share control of the arrangement, and have rights to the net assets of the arrangement. An investment in an associate or a joint venture is accounted for in the consolidated financial statements under the equity method, unless it is classified as held for sale (or included in a disposal group that is classified as held for sale). Under the equity method, the investment is initially recorded at cost, adjusted for any excess of the Group’s share of the acquisition-date fair values of the investee’s identifiable net assets over the cost of the investment (if any). The cost of the investment includes purchase price, other costs directly attributable to the acquisition of the investment, and any direct investment into the associate or joint venture that forms part of the Group’s equity investment. Thereafter, the investment is adjusted for the post acquisition change in the Group’s share of the investee’s net assets and any impairment loss relating to the investment. The Group’s share of the post-acquisition, post-tax post-tax When the Group’s share of losses exceeds its interest in the associate or the joint venture, the Group’s interest is reduced to nil and recognition of further losses is discontinued except to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the investee. For this purpose, the Group’s interest is the carrying amount of the investment under the equity method together with the Group’s long-term interests that in substance form part of the Group’s net investment in the associate or the joint venture (after applying the ECL model to such other long-term interests where applicable). Unrealized profits and losses resulting from transactions between the Group and its associates and joint venture are eliminated to the extent of the Group’s interest in the investee, except where unrealized losses provide evidence of an impairment of the asset transferred, in which case they are recognized immediately in profit or loss. If an investment in an associate becomes an investment in a joint venture or vice versa, retained interest is not remeasured. Instead, the investment continues to be accounted for under the equity method. In all other cases, when the Group ceases to have significant influence over an associate or joint control over a joint venture, it is accounted for as a disposal of the entire interest in that investee, with a resulting gain or loss being recognized in profit or loss. Any interest retained in that former investee at the date when significant influence or joint control is lost is recognized at fair value and this amount is regarded as the fair value on initial recognition of a financial asset. A joint arrangement is an arrangement of which two or more parties have joint control. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. To better share the risks and rewards associated with the construction, operation and maintenance of the 5G network infrastructure, the Group entered into a framework agreement with China Telecom Corporation Limited (“China Telecom”) to build, maintain and share one nationwide 5G access network infrastructure (the “Cooperation Agreement”). In accordance with the Cooperation Agreement, each of the Group and China Telecom is responsible for the construction and maintenance of 5G network infrastructure in their respective designated regions, and bear the associated construction, maintenance and operating costs. Both parties have established a joint operation mechanism and key decisions including overall network planning, construction project commencement and completion acceptance and a unified standard on construction and maintenance services across all regions are subject to mutual agreement by both parties. The Group has accounted for the arrangement as a joint operation that is not structured through a separate vehicle, and has recognized its share of assets, liabilities, revenues and expenses in accordance with the terms of the arrangement. 2.5 Segment reporting Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision-Maker (“CODM”). The CODM, who is responsible for allocating resources and assessing performance of the operating segments regularly, has been identified as the Executive Directors of the Company that makes strategic decisions. 2.6 Foreign currency translation (a) Functional and presentation currency Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which the entities operate (“the functional currency”). The consolidated financial statements are presented in RMB, which is the Company’s functional and presentation currency. For the convenience of the reader, the translation of RMB into United States dollars (“US$”) has been made at the rate of RMB6.5250 to US$1.00, representing the rate as certified by the H.10 weekly statistical release of Federal Reserve Board on December 31, 2020. No representation is made that RMB amounts could have been, or could be, converted into US$ at that rate or at any other certain rate on December 31, 2020 or at any other date. The US$ convenience translation is not required under IFRS and all US$ convenience translation amounts in the accompanying consolidated financial statements are unaudited. (b) Transactions and balances Foreign currency transactions are translated into the functional curren |
Financial Risk Management and F
Financial Risk Management and Fair Values of Financial Instruments | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Financial Risk Management and Fair Values of Financial Instruments | 3. FINANCIAL RISK MANAGEMENT AND FAIR VALUES OF FINANCIAL INSTRUMENTS 3.1 Financial risk factors The Group’s operating activities expose it to a variety of financial risks: mark e Financial risk management is carried out by the Group’s headquarter, following the overall direction determined by the Executive Directors of the Company. The Group’s headquarter identifies and evaluates financial risks in close co-operation (a) Market risk (i) Foreign exchange risk The Group’s major operational activities are carried out in Mainland China and a majority of the transactions are denominated in RMB. The Group is exposed to foreign exchange risk arising from various currency exposures, primarily with respect to US dollars, HK dollars and Euro. Exchange risk mainly exists with respect to the balances with international carriers, cash and cash equivalents and financial assets denominated in foreign currencies. The Group’s headquarter is responsible for monitoring the amount of monetary assets and liabilities denominated in foreign currencies. From time to time, the Group may consider entering into forward exchange contracts or currency swap contracts to mitigate the foreign exchange risk. During the years of 2018, 2019 and 2020, the Group had not entered into any forward exchange contracts or currency swap contracts. The following table details the Group’s exposure at the end of the reporting period to currency risk arising from recognized assets or liabilities denominated in a currency other than the functional currency of the entity to which they relate and have been translated to RMB at the applicable rates quoted by the PBOC as of December 31, 2019 and 2020. 2019 2020 Original Exchange rate RMB Original Exchange rate RMB Cash and cash equivalents: - denominated in HK dollars 35 0.90 31 48 0.84 40 - denominated in US dollars 166 6.98 1,160 353 6.52 2,305 - denominated in Euro 19 7.82 146 30 8.03 241 - denominated in Japanese Yen 31 0.06 2 — 0.06 — - denominated in SGD 1 5.17 6 1 4.93 7 - denominated in AUD 1 4.88 4 — 5.02 1 Sub-total 1,349 2,594 Accounts receivable: - denominated in HK dollars 2 0.90 2 1 0.84 1 - denominated in US dollars 231 6.98 1,612 219 6.52 1,429 - denominated in Euro 2 7.82 16 2 8.03 16 Sub-total 1,630 1,446 Financial assets measured at FVOCI: - denominated in Euro 400 7.82 3,125 208 8.03 1,672 Total 6,104 5,712 Borrowings: - denominated in US dollars 33 6.98 232 31 6.52 204 - denominated in Euro 5 7.82 42 2 8.03 18 Sub-total 274 222 Accounts payable: - denominated in US dollars 62 6.98 433 36 6.52 235 - denominated in Euro 1 7.82 8 1 8.03 8 Sub-total 441 243 Total 715 465 The Group did not have and does not believe it will have any difficulties in exchanging its foreign currency cash into RMB at the exchange rates quoted by the PBOC. As of December 31, 2020, if the RMB had strengthened/weakened by 10% against foreign currencies, primarily with respect to US dollars, HK dollars, Euro, Japanese Yen, SGD and AUD, while all other variables are held constant, the effect on income after tax would be approximately RMB268 million (2018: approximately RMB131 million; 2019: approximately RMB170 million) for cash and cash equivalents, borrowings, accounts receivable and accounts payable denominated in foreign currencies, and the effect on other comprehensive income would be approximately RMB167 million (2018: approximately RMB370 million; 2019: approximately RMB313 million) for financial assets denominated in foreign currency, which were recorded in fair value through other comprehensive income. (ii) Price risk The Group is exposed to equity securities price risk because investments held by the Group are classified in the consolidated statements of financial position as financial assets measured at FVOCI. The financial assets measured at FVOCI comprise primarily equity securities of Telefónica S.A. (“Telefónica”). As of December 31, 2020, if the share price of Telefónica had increased/decreased by 10%, while the exchange rate of RMB against Euro is held constant, the effect on other comprehensive income would be approximately RMB167 million (2018: approximately RMB370 million; 2019: approximately RMB313 million). (iii) Cash flow and fair value interest rate risk The Group’s interest-bearing assets are mainly represented by bank deposits and debt securities measured at FVOCI (recycling). The Group’s interest rate risk mainly arises from interest-bearing borrowings including bank loans, commercial papers, promissory notes, corporate bonds, related parties loans and lease liabilities. Borrowings issued at floating rates expose the Group to cash flow interest rate risk. Borrowings issued at fixed rates expose the Group to fair value interest rate risk upon renewal. The Group determines the amount of its fixed rate or floating rate borrowings depending on the prevailing market conditions. During the years of 2019 and 2020, the Group’s borrowings were mainly at fixed rates and were mainly denominated in RMB. Increases in interest rates will increase the cost of new borrowing and the interest expense with respect to the Group’s outstanding floating rate borrowings, and therefore could have a material adverse effect on the Group’s financial position. Management continuously monitors the interest rate position of the Group and makes decisions with reference to the latest market conditions. From time to time, the Group may enter into interest rate swap agreements to mitigate its exposure to interest rate risks in connection with the floating rate borrowings, although the Group did not consider it was necessary to do so in the years of 2019 and 2020. As at December 31, 2020, the Group had approximately RMB12,910 million (2019: approximately RMB19,496 million) of floating rate borrowings and short-term fixed rate borrowings and approximately RMB37,900 million (2019: approximately RMB42,669 million) of long-term fixed rate borrowings and lease liabilities. For the year ended December 31, 2020, if interest rates on the floating rate borrowings and short-term fixed rate borrowings had increased/decreased 50 basic points while all other variables are held constant, the effect on income after tax is approximately RMB48 million (2018: approximately RMB74 million; 2019: approximately RMB73 million). (b) Credit risk Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in a financial loss to the Group Credit risk is managed on a group basis. Credit risk arises from cash and cash equivalents and short-term bank deposits with banks, as well as credit exposures to major corporate customers, individual subscribers and general corporate customers, related parties and other operators. To limit exposure to credit risk relating to cash and cash equivalents and short-term bank deposits, the Group primarily places cash and cash equivalents and short-term bank deposits only with large state-owned financial institutions in the PRC and other banks with acceptable credit ratings. Therefore, the Group expects that there is no significant credit risk and does not expect that there will be any significant losses from non-performance In addition, the Group has no significant concentrations of credit risk with respect to individual subscribers and corporate customers. The Group has policies to limit the credit exposure on receivables for services and sales of mobile handsets. The Group assesses the credit quality of all its customers and sets credit limits on them by taking into account their financial position, the availability of guarantee from third parties, their credit history and other factors such as current market conditions. The normal credit period granted by the Group to individual subscribers and general corporate customers is 30 days from the date of billing unless they meet certain specified credit assessment criteria. For major corporate customers, the credit period granted by the Group is based on the service contract terms, normally not exceeding 1 year. The utilization of credit limits and settlement pattern of customers are regularly monitored by the Group. In respect of other receivables, individual credit evaluations are performed on all counterparties requiring credit over a certain amount. These evaluations focus on the counterparties’ past history of making payments when due and current ability to pay, and take into account information specific to the counterparties as well as the economic environment in which the counterparties operates. Credit risk relating to amounts due from related parties and other telecommunications operators is not considered to be significant as these companies are reputable and their receivables are settled on a regular basis. (c) Liquidity risk Prudent liquidity risk management includes maintaining sufficient cash and availability of funds including the raising of bank loans and issuance of commercial papers, promissory notes and corporate bonds. Due to the dynamic nature of the underlying business, the Group’s headquarter maintains flexibility in funding through having adequate amount of cash and cash equivalents and utilizing different sources of financing when necessary. The following tables show the undiscounted balances of the financial liabilities (including interest expense) categorized by time from the end of the period under review to the contractual maturity date: Less than Between 1 Between 2 Over 5 Carrying At December 31, 2019 Long-term bank loans 448 434 1,344 1,710 3,306 Promissory notes 34 34 1,030 — 998 Corporate bonds 108 1,088 2,034 — 2,998 Lease liabilities 11,085 10,183 12,112 1,430 32,325 Other obligations 2,657 46 29 49 2,778 Short-term bank loans 5,704 — — — 5,564 Commercial papers 9,116 — — — 8,995 Accounts payable and accrued liabilities 121,564 — — — 121,564 Amounts due to ultimate holding company 1,779 — — — 1,779 Amounts due to related parties 7,984 132 3,304 — 10,893 Amounts due to domestic carriers 2,174 — — — 2,174 Dividend payable 920 — — — 920 163,573 11,917 19,853 3,189 194,294 At December 31, 2020 Long-term bank loans 428 469 1,215 1,372 2,900 Promissory notes 34 1,030 — — 998 Corporate bonds 1,088 2,034 — — 2,999 Lease liabilities 11,757 10,352 6,203 1,498 27,961 Other obligations 2,529 15 27 58 2,627 Short-term bank loans 751 — — — 740 Commercial papers 7,007 — — — 7,000 Accounts payable and accrued liabilities 134,437 — — — 134,437 Bills payable 5,482 — — — 5,482 Amounts due to ultimate holding company 1,640 — — — 1,640 Amounts due to related parties 9,315 132 3,172 — 12,225 Amounts due to domestic carriers 2,291 — — — 2,291 176,759 14,032 10,617 2,928 201,300 Regarding the Group’s use of the going concern basis for the preparation of its financial statements, please refer to Note 2.2(a) for details. 3.2 Capital risk management The Group’s objectives when managing capital are: • To safeguard the Group’s ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders. • To support the Group’s stability and growth. • To provide capital for the purpose of strengthening the Group’s risk managemen t In order to maintain or adjust the capital structure, the Group reviews and manages its capital structure actively and regularly to ensure optimal capital structure and shareholder returns, taking into account the future capital requirements of the Group and capital efficiency, prevailing and projected profitability, projected operating cash flows, projected capital expenditures and projected strategic investment opportunities. The Group monitors capital on the basis of the debt-to-capitalization The Group’s debt-to-capitalization December 31, 2019 December 31, 2020 Interest-bearing debts: - Short-term bank loans 5,564 740 - Long-term bank loans 2,869 2,482 - Promissory notes 998 998 - Corporate bonds 2,998 1,999 - Commercial papers 8,995 7,000 - Lease liabilities (non-current 21,535 16,458 - Amounts due to related parties 3,092 3,042 - Current portion of long-term bank loans 437 418 - Current portion of corporate bonds — 1,000 - Lease liabilities (current portion) 10,790 11,503 57,278 45,640 Total equity 320,755 327,520 Interest-bearing debts plus total equity 378,033 373,160 Debt-to-capitalization 15.2% 12.2% 3.3 Fair value estimation Financial assets of the Group mainly include cash and cash equivalents, short-term bank deposits and restricted deposits, accounts receivable, prepayments and other current assets, contract assets, amounts due from ultimate holding company, related parties and domestic carriers, financial assets measured at fair value. Financial liabilities of the Group mainly include accounts payable and accrued liabilities, short-term bank loans, commercial papers, corporate bonds, promissory notes, long-term bank loans, other obligations and amounts due to ultimate holding company, related parties and domestic carriers. (a) Financial assets measured at fair value The table below analyzes financial instruments carried at fair value, by valuation method. The different levels have been defined as follows: • Level 1 valuation: unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. • Level 2 valuation: observable inputs which fail to meet Level 1, and not using significant unobservable inputs. Unobservable inputs for which market data are not available. • Level 3 valuation: fair value measured using significant unobservable inputs. The following table presents the Group’s assets that are measured at fair value at December 31, 2019: Level 1 Level 2 Level 3 Total Recurring fair value measurement: Equity securities measured at FVOCI (non-recycling) 3,268 — 55 3,323 Financial assets measured at FVPL 151 51 568 770 Total 3,419 51 623 4,093 The following table presents the Group’s assets that are measured at fair value at December 31, 2020: Level 1 Level 2 Level 3 Total Recurring fair value measurement: Equity securities measured at FVOCI (non-recycling) 1,786 — 52 1,838 Financial assets measured at FVPL 1,465 100 929 2,494 Debt securities measured at FVOCI (recycling) 23,350 — — 23,350 Total 26,601 100 981 27,682 The fair value of financial instruments traded in active markets is based on quoted market prices at the statements of financial position date. A market is regarded as active if quoted prices are readily and regularly available from an exchange, dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual and regularly occurring market transactions on an arm’s length basis. The quoted market price used for financial assets held by the Group is the current bid price. These instruments are included in level 1 and comprise primarily equity securities of Telefónica, debt securities issued by banks which are classified as financial assets measured at FVOCI and certain equity investments, investments in monetary funds and wealth management products which are classified as financial assets measured at FVPL. During the years ended December 31, 2018, 2019 and 2020, there were no transfer between Level 1 and Level 2, or transfer into or out of Level 3. The Group’s policy is to recognize transfers between levels of fair value hierarchy as of the end of the reporting period in which they occur. (b) Fair value of financial liabilities carried at other than fair value As of December 31, 2019 and 2020. the carrying amounts, fair values and the level of fair values of the Group’s financial liabilities carried at amortized cost are disclosed below: Carrying Fair value Carrying Fair value Fair value measurement as of Level 1 Level 2 Level 3 Non-current 2,869 2,849 2,482 2,552 — 2,552 — Non-current 998 1,010 998 1,005 1,005 — — Non-current 2,998 3,081 1,999 2,050 2,050 — — The fair value of the non-current Besides, the carrying amounts of the Group’s other financial assets and liabilities carried at amortized cost approximated their fair values as of December 31, 2019 and 2020 due to the nature or short maturity of those instruments. |
Critical Accounting Estimates a
Critical Accounting Estimates and Judgements | 12 Months Ended |
Dec. 31, 2020 | |
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Critical Accounting Estimates and Judgements | 4. CRITICAL ACCOUNTING ESTIMATES AND JUDGMENTS Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Group makes estimates and assumptions concerning the future. The resulting accounting estimates may not be equal to the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below. 4.1 Depreciation on property, plant and equipment Depreciation on the Group’s property, plant and equipment is calculated using the straight-line method to allocate cost up to residual values over the estimated useful lives of the assets. The Group reviews the useful lives and residual values periodically to ensure that the method and rates of depreciation are consistent with the expected pattern of realization of economic benefits from property, plant and equipment. The Group estimates the useful lives and residual values of property, plant and equipment based on historical experience, taking into account anticipated technological changes. If there are significant changes from previously estimated useful lives, the amount of depreciation expenses may change. 4.2 Impairment of non-financial assets The Group tests whether non-financial pre-tax non-financial non-financial No significant impairment loss on property, plant and equipment was recognized for the years ended December 31, 2018, 2019 and 2020. 4.3 Allowance for ECLs Management estimates ECL allowance on accounts receivable and contract assets using a provision matrix based on the Group’s historical credit loss experience, and adjusted for factors that are specific to the debtors and an assessment of both the current and forecast general economic conditions at the reporting date. The Group monitored and reviewed the assumptions relating to ECL regularly. For the Group’s detailed assessment of credit risk, please refer to Note 3.1(b). |
Segment Information
Segment Information | 12 Months Ended |
Dec. 31, 2020 | |
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Segment Information | 5. SEGMENT INFORMATION The Executive Directors of the Company have been identified as the CODM. Operating segments are identified on the basis of internal reports that the CODM reviews regularly in allocating resources to segments and in assessing their performances. The CODM make resources allocation decisions based on internal management functions and assess the Group’s business performance as one integrated business instead of by separate business lines or geographical regions. Accordingly, the Group has only one operating segment and therefore, no segment information is presented. The Group primarily operates in Mainland China and accordingly, no geographic information is presented. No single customer accounted for 10 percent or more of the Group’s revenue in all periods presented. |
Revenue
Revenue | 12 Months Ended |
Dec. 31, 2020 | |
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Revenue | 6. REVENUE Revenue from telecommunications services are subject to VAT and VAT rates applicable to various telecommunications services. The Ministry of Finance, the State Administration of Taxation (“SAT”) and General Administration of Customs of the PRC jointly issued a notice dated March 20, 2019 which stipulates downward adjustments of VAT rate for basic telecommunications services from 10% to 9% and VAT rate for sales of telecommunications products from 16% to 13% from April 1, 2019. The VAT rate for value-added telecommunications services remains at 6%. Basic telecommunications services include business activities for the provision of voice services, and transmission lines usage and associated services etc. Value-added telecommunications services include business activities for the provision of short message service and multimedia message service, broadband and mobile data services, and data and internet application services etc. VAT is excluded from the revenue. Disaggregation of revenue from customers by major services and products: 2018 2019 2020 Voice usage and monthly fees 32,486 26,440 23,183 Broadband and mobile data services 148,431 146,534 150,730 Data and internet application services 26,489 37,218 47,923 Other value-added services 24,606 21,251 21,287 Interconnection fees 13,708 12,893 12,307 Transmission lines usage and associated services 14,178 15,595 16,519 Other services 3,785 4,456 3,865 Total service revenue 263,683 264,387 275,814 Sales of telecommunications products 27,194 26,128 28,024 Total 290,877 290,515 303,838 Include: Revenue from contracts with customers within the scope of IFRS 15 289,810 289,332 302,732 Revenue from other sources 1,067 1,183 1,106 The Group’s revenue is primarily generated from the provision of voice usage, broadband and mobile data services, data and internet application services, other value-added services, transmission lines usage and associated services and sale of telecommunication products. The Group bills the majority of its customers based on a fixed rate and service volume each month, and then has a right to consideration from the customers. Transaction prices that were allocated to unsatisfied performance obligations as of the end of the reporting period are expected to be recognized within one to five years when services are rendered. The Group has applied the practical expedient in paragraph 121 of IFRS 15 and therefore the information about remaining performance obligations is not disclosed for contracts that have an original expected duration of one year or less and also for those performance obligations which are regarded as satisfied as invoiced. |
Network, Operation and Support
Network, Operation and Support Expenses | 12 Months Ended |
Dec. 31, 2020 | |
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Network, Operation and Support Expenses | 7. NETWORK, OPERATION AND SUPPORT EXPENSES Note 2018 2019 2020 Note Repairs and maintenance 11,102 10,303 10,750 Power and water charges 14,481 12,319 12,901 Charges for use of network, premises, equipment and facilities (ii), (iv) 11,445 8,146 9,180 Charges for use of tower assets (iii), (iv) 15,982 10,492 11,246 Others 2,067 1,976 2,209 55,077 43,236 46,286 Note: (i) The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). (ii) During the years ended December 31, 2019 and 2020, charges for use of network, premises, equipment and facilities mainly included the non-lease low-value non-lease (iii) During the years ended December 31, 2019 and 2020, charges for use of tower assets included the non-lease (iv) Expense relating to short-term leases, leases of low-value 2019 2020 Expense relating to short-term leases and other leases with remaining lease term ending on or before December 31, 2019, and leases of low value assets 1,971 1,322 Variable lease payments not included in the measurement of lease liabilities * 4,478 5,415 * During the years ended December 31, 2019 and 2020, variable lease payments not included in the measurement of lease liabilities mainly included charges for use of tower assets and network, premises, equipment and facilities, which are measured based on revenue or usage and recorded in profit or loss when the event or condition that triggers those payments occurred. |
Employee Benefit Expenses
Employee Benefit Expenses | 12 Months Ended |
Dec. 31, 2020 | |
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Employee Benefit Expenses | 8. EMPLOYEE BENEFIT EXPENSES Note 2018 2019 2020 Salaries and wages 35,498 37,143 42,534 Contributions to defined contribution pension schemes 6,823 7,080 5,534 Contributions to medical insurance 2,241 2,471 3,794 Contributions to housing fund 2,944 3,235 3,486 Other housing benefits 23 16 17 Share-based compensation 44 614 571 375 48,143 50,516 55,740 |
Costs of Telecommunications Pro
Costs of Telecommunications Products Sold | 12 Months Ended |
Dec. 31, 2020 | |
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Costs of Telecommunications Products Sold | 9. COSTS OF TELECOMMUNICATIONS PRODUCTS SOLD 2018 2019 2020 Handsets and other telecommunication products 27,403 26,220 26,619 Others 201 192 243 27,604 26,412 26,862 |
Other Operating Expenses
Other Operating Expenses | 12 Months Ended |
Dec. 31, 2020 | |
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Other Operating Expenses | 10. OTHER OPERATING EXPENSES Note 2018 2019 2020 Note Credit loss allowance and write-down of inventories 3,846 3,663 5,584 Commission and other service expenses 23,151 23,010 21,041 Advertising and promotion expenses 2,882 2,563 2,723 Internet access terminal maintenance expenses 3,358 2,937 2,744 Customer retention costs 4,085 3,601 3,007 Auditors’ remuneration 78 78 77 Property management fee 2,192 2,188 2,490 Office and administrative expenses 1,763 1,606 1,332 Transportation expense 1,565 1,471 1,372 Miscellaneous taxes and fees 1,387 1,236 1,353 Service technical support expenses 8,035 13,981 21,243 Repairs and maintenance expenses 770 704 911 Loss on disposal of property, plant and equipment 15 4,148 2,179 2,365 Others 5,301 5,263 3,995 62,561 64,480 70,237 Note: The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). |
Finance Costs
Finance Costs | 12 Months Ended |
Dec. 31, 2020 | |
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Finance Costs | 11. FINANCE COSTS Note 2018 2019 2020 Finance costs: - Interest on bank loans repayable within 5 years 908 519 112 - Interest on corporate bonds, promissory notes and commercial papers repayable within 5 years 1,113 359 312 - Interest on lease liabilities (i ) — 1,349 1,234 - Interest on related party loans repayable within 5 years 33 133 122 - Interest on bank loans repayable over 5 years 47 43 38 - Less: Amounts capitalized in CIP 15 (534 ) (387 ) (206 ) Total interest expense 1,567 2,016 1,612 - Net exchange (gain)/loss (80 ) 39 46 - Others 138 68 89 1,625 2,123 1,747 (i) The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). |
Other Income - Net
Other Income - Net | 12 Months Ended |
Dec. 31, 2020 | |
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Other Income - Net | 12. OTHER INCOME – NET 2018 2019 2020 Dividend from financial assets measured at FVOCI (non-recycling) 203 205 210 Government grants 257 385 506 Additional deduction for VAT — 422 1,456 Investment income from debt securities measured at FVOCI (recycling) — — 174 Fair value gains on financial assets measured at FVPL 31 96 154 Gains on disposal of financial assets measured at FVPL 36 24 87 Others 256 603 324 783 1,735 2,911 |
Taxation
Taxation | 12 Months Ended |
Dec. 31, 2020 | |
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Taxation | 13. TAXATION Hong Kong profits tax has been provided at the rate of 16.5% (2018: 16.5%; 2019: 16.5%) on the estimated assessable income for the year. Taxation on income outside Hong Kong has been calculated on the estimated assessable income for the year at the rates of taxation prevailing in the countries in which the Group operates. The Company’s subsidiaries operate mainly in the PRC and the applicable statutory enterprise income tax rate is 25% (2018: 25%; 2019: 25%). Taxation for certain subsidiaries in the PRC was calculated at a preferential tax rate of 15% (2018: 15%; 2019: 15%). 2018 2019 2020 Provision for income tax on the estimated taxable income for the year - Hong Kong 88 66 99 - Mainland China and other countries 459 556 2,858 Under/(over) provision in respect of prior years 18 (250 ) 40 565 372 2,997 Deferred taxation 2,259 2,423 453 Income tax expenses 2,824 2,795 3,450 Reconciliation between actual income tax expense and accounting profit at PRC statutory tax rate: Note 2018 2019 2020 Income before income tax 13,081 14,167 16,027 Expected income tax expense at PRC statutory tax rate of 25% 3,270 3,542 4,007 Impact of different tax rates outside Mainland China (47 ) (22 ) (39 ) Tax effect of preferential tax rate (i ) (91 ) (121 ) (140 ) Additional deduction for qualified research and development costs (i ) (80 ) (139 ) (268 ) Tax effect of non-deductible 501 366 447 Tax effect of non-taxable (150 ) (162 ) (197 ) Tax effect of non-taxable (ii ) (369 ) (274 ) (332 ) Under/(over) provision in respect of prior years 18 (250 ) 40 Tax effect of unused tax losses not recognized, net of utilization (iii ) (162 ) (79 ) (68 ) Others (66 ) (66 ) — Actual tax expense 2,824 2,795 3,450 (i) According to the PRC enterprise income tax law and its relevant regulations, entities that are qualified as High and New Technology Enterprise under the tax law are entitled to a preferential income tax rate of 15% (2018: 15%; 2019: 15%). Certain subsidiaries of the Group obtained the approval of High and New Technology Enterprise and were entitled to a preferential income tax rate of 15% (2018: 15%; 2019: 15%), and certain research and development costs of the Group’s PRC subsidiaries are qualified for 75% (2018: 75%; 2019: 75%) additional deduction for tax purpose. (ii) Adjustment to investment in associates represents the tax effect on share of net profit of associates, including dilution gain, net of reversal of deferred tax assets on unrealized profit from transactions with Tower Company. (iii) As of December 31, 2020, the Group did not recognize deferred tax assets of approximately RMB181 million (2019: approximately RMB249 million) in respect of tax losses amounting to approximately RMB726 million (2019: approximately RMB997 million), since it is not probable that future taxable profits will be available against which the deferred tax asset can be utilized. The tax losses can be carried forward for five years from the year incurred and hence will be expired by the year of 2025. As of December 31, 2020, the Group did not recognize deferred tax assets of RMB2,448 million (2019: RMB2,085 million) in respect of changes in fair value on financial assets through other comprehensive income (non-recycling), The analysis of deferred tax assets and deferred tax liabilities are as follows: 2019 2020 Deferred tax assets: - Deferred tax asset to be recovered after 12 months 6,942 8,316 - Deferred tax asset to be recovered within 12 months 2,914 3,542 9,856 11,858 Deferred tax liabilities: - Deferred tax liabilities to be settled after 12 months (8,292 ) (10,360 ) - Deferred tax liabilities to be settled within 12 months (338 ) (753 ) (8,630 ) (11,113 ) Net deferred tax assets after offsetting 1,226 745 Deferred tax assets: - Deferred tax asset to be recovered after 12 months — — - Deferred tax asset to be recovered within 12 months — 18 — 18 Deferred tax liabilities: - Deferred tax liabilities to be settled after 12 months (87 ) (82 ) - Deferred tax liabilities to be settled within 12 months — — (87 ) (82 ) Net deferred tax liabilities after offsetting (87 ) (64 ) The movement of the net deferred tax assets/(liabilities) is as follows: 2018 2019 2020 Net deferred tax assets after offsetting: - Balance at December 31, 2017, 2018 and 2019 5,973 3,401 1,226 - Impact on initial application of IFRS 15 (Note) (584 ) — — - Impact on initial application of IFRS 9 (2014), “Financial instruments” (“IFRS 9 (2014)”) (Note) 265 — — - Impact on initial application of IFRS 16 (Note) — 271 — - Balance at January 1, 2018, 2019 and 2020 5,654 3,672 1,226 - Deferred tax charged to the statements of income (2,256 ) (2,447 ) (471 ) - Deferred tax credited/(charged) to other comprehensive income 3 1 (10 ) - End of year 3,401 1,226 745 Net deferred tax liabilities after offsetting: - Beginning of year (108 ) (111 ) (87 ) - Deferred tax (charged)/credited to the statements of income (3 ) 24 18 - Deferred tax credited to the statement of other comprehensive income — — 5 - End of year (111 ) (87 ) (64 ) Note: The Group has initially applied IFRS 15 and IFRS 9 (2014) at January 1, 2018. Under the transition method chosen, comparative information is not restated. See Note 2.2(c). The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). The components of the deferred tax assets/(liabilities) recognized in the consolidated statements of financial position and the movements during the year are as follows: Deferred tax arising from: Credit loss Unrecognized under PRC Deductible Accruals of Unrealized Gain from (Note (ii)) Accelerated (Note (iii)) Contract costs Depreciation right-of-use Others Total At December 31, 2017 1,603 1,403 2,244 2,554 697 (745 ) (3,870 ) — — 1,979 5,865 Impact on initial application of IFRS 15 — — — — — — — (584 ) — — (584 ) Impact on initial application of IFRS 9 265 — — — — — — — — — 265 At January 1, 2018 1,868 1,403 2,244 2,554 697 (745 ) (3,870 ) (584 ) — 1,979 5,546 (Charged)/Credited to the statements of income (154 ) (49 ) (941 ) 626 (252 ) 373 (2,051 ) 355 — (166 ) (2,259 ) Credited to other comprehensive income — — — — — — — — — 3 3 At December 31, 2018 1,714 1,354 1,303 3,180 445 (372 ) (5,921 ) (229 ) — 1,816 3,290 Impact on initial application of IFRS 16 — — — — — — — — 271 — 271 At January 1, 2019 1,714 1,354 1,303 3,180 445 (372 ) (5,921 ) (229 ) 271 1,816 3,561 Credited/(Charged) to the statements of income 204 (48 ) (933 ) 161 (64 ) 372 (2,651 ) 190 99 247 (2,423 ) Credited to other comprehensive income — — — — — — — — — 1 1 At December 31, 2019 1,918 1,306 370 3,341 381 — (8,572 ) (39 ) 370 2,064 1,139 Credited/(Charged) to the statements of income 575 (48 ) (370 ) 842 (64 ) — (2,527 ) 39 20 1,080 (453 ) Charged to other comprehensive income — — — — — — — — — (5 ) (5 ) At December 31, 2020 2,493 1,258 — 4,183 317 — (11,099 ) — 390 3,139 681 Deferred taxation as of year-end Note 2019 2020 Net deferred tax assets after offsetting: Deferred tax assets: Credit loss allowance 1,918 2,475 Unrecognized revaluation surplus on prepayments for the leasehold land determined under PRC regulations (i) 1,306 1,258 Deductible tax losses 370 — Accruals of expenses not yet deductible for tax purpose 3,341 4,183 Unrealized income from the transactions with Tower Company 381 317 Depreciation charge of right-of-use 370 390 Deferred revenue on subscriber points reward program 229 242 Unrealized income for the inter-company transactions 227 368 Government grants relating to assets 695 794 Intangible assets amortization difference 464 422 Others 555 1,409 9,856 11,858 Deferred tax liabilities: Accelerated depreciation of property, plant and equipment (iii) (8,572 ) (11,099 ) Contract costs (39 ) — Others (19 ) (14 ) (8,630 ) (11,113 ) 1,226 745 Net deferred tax liabilities after offsetting: Deferred tax assets: Credit loss allowance — 18 Deferred tax liabilities: Accelerated depreciation for tax purpose (87 ) (82 ) (87 ) (64 ) (i) The prepayments for the leasehold land were revalued for PRC tax purposes as of December 31, 2003 and 2004. However, the resulting revaluations of the prepayments for the leasehold land were not recognized under IFRSs. Accordingly, deferred tax assets were recorded by the Group under IFRSs. (ii) On October 14, 2015, The Group disposed tower assets (“Tower Assets Disposal”) to Tower Company in exchange for cash and shares issued by Tower Company (see Note 45). According to the applicable tax laws issued by the Ministry of Finance (“MOF”) and the SAT of the PRC, the gain from Tower Assets Disposal in exchange for investment in Tower Company (“Qualified Income”) is, upon fulfilling the filing requirement with in-charge in-charge (iii) According to “Announcement on Enterprise Income Tax Policy for Those Enterprise Involved in the Accelerated Depreciation of Property, Plant and Equipment” (Caishui [2014] No.75) issued by the MOF and the SAT of the PRC, starting from 2014, the Group’s property, plant and equipment that comply with this tax policy are allowed to be depreciated under the accelerated depreciation method, or fully deducted for tax purpose in the year of purchase. Temporary differences arise from the different useful lives under tax basis and accounting basis have been recorded as deferred tax liabilities. |
Earnings Per Share
Earnings Per Share | 12 Months Ended |
Dec. 31, 2020 | |
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Earnings Per Share | 14. EARNINGS PER SHARE Basic earnings per share for the years ended December 31, 2018, 2019 and 2020 were computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the years. Diluted earnings per share for the years ended December 31, 2018, 2019 and 2020 were computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the years, after adjusting for the effects of the dilutive potential ordinary shares. No dilutive potential ordinary shares for the years ended December 31, 2018, 2019 and 2020. The following table sets forth the computation of basic and diluted earnings per share: 2018 2019 2020 Numerator (in RMB millions): Income attributable to equity shareholders of the Company used in computing basic/diluted earnings per share 10,197 11,330 12,493 Denominator (in millions): Weighted average number of ordinary shares outstanding used in computing basic/diluted earnings per share 30,598 30,598 30,598 Basic/Diluted earnings per share (in RMB) 0.33 0.37 0.41 |
Property, Plant and Equipment
Property, Plant and Equipment | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Property, Plant and Equipment | 15. PROPERTY, PLANT AND EQUIPMENT The movements of property, plant and equipment for the years ended December 31, 2019 and 2020 are as follows: 2019 Buildings Tele- communications Office furniture, motor vehicles and Leasehold CIP Total Cost: At December 31, 2018 73,876 846,385 20,080 3,916 42,306 986,563 Impact on initial application of IFRS 16 (Note) — (461 ) — — — (461 ) At January 1, 2019 73,876 845,924 20,080 3,916 42,306 986,102 Additions 160 225 369 116 55,565 56,435 Transfer from CIP 1,279 36,871 839 194 (39,183 ) — Transfer to other assets — — — — (4,415 ) (4,415 ) Disposals (155 ) (49,597 ) (1,196 ) (498 ) (12 ) (51,458 ) End of year 75,160 833,423 20,092 3,728 54,261 986,664 Accumulated depreciation and impairment: At December 31, 2018 (34,222 ) (549,211 ) (15,559 ) (2,978 ) (118 ) (602,088 ) Impact on initial application of IFRS 16 (Note) — 118 — — — 118 At January 1, 2019 (34,222 ) (549,093 ) (15,559 ) (2,978 ) (118 ) (601,970 ) Charge for the year (2,744 ) (60,598 ) (1,226 ) (439 ) (5 ) (65,012 ) Disposals 126 45,956 1,127 498 12 47,719 End of year (36,840 ) (563,735 ) (15,658 ) (2,919 ) (111 ) (619,263 ) Net book value: End of year 38,320 269,688 4,434 809 54,150 367,401 At January 1, 2019 39,654 296,831 4,521 938 42,188 384,132 At December 31, 2018 39,654 297,174 4,521 938 42,188 384,475 Note: On the date of transition to IFRS 16, assets previously under finance leases of net book value RMB343 million previously included in “Property, plant and equipment” were adjusted to “Right-of-use 2020 Buildings Tele- communications Office furniture, motor vehicles and Leasehold CIP Total Cost: Beginning of year 75,160 833,423 20,092 3,728 54,261 986,664 Additions 34 767 306 173 67,647 68,927 Transfer from CIP 1,801 64,847 1,142 214 (68,004 ) — Transfer to other assets — — — — (5,649 ) (5,649 ) Disposals (337 ) (57,643 ) (1,285 ) (414 ) (4 ) (59,683 ) End of year 76,658 841,394 20,255 3,701 48,251 990,259 Accumulated depreciation and impairment: Beginning of year (36,840 ) (563,735 ) (15,658 ) (2,919 ) (111 ) (619,263 ) Charge for the year (2,680 ) (58,319 ) (1,222 ) (403 ) — (62,624 ) Disposals 277 53,881 1,239 414 4 55,815 End of year (39,243 ) (568,173 ) (15,641 ) (2,908 ) (107 ) (626,072 ) Net book value: End of year 37,415 273,221 4,614 793 48,144 364,187 Beginning of year 38,320 269,688 4,434 809 54,150 367,401 For the year ended December 31, 2020, interest expense of approximately RMB206 million (2018: approximately RMB534 million; 2019: approximately RMB387 million) was capitalized as CIP. The capitalized borrowing rate represents the cost of capital for raising the related borrowings and varied from 2.35% to 3.12% for the year ended December 31, 2020 (2018: 3.16% to 3.61%; 2019: 3.07% to 3.49%). Mainly as a result of the Group’s ongoing modification of its telecommunications network and following subscribers’ voluntarily cross-network migration progress, the Group disposed certain property, plant and equipment with carrying amounts of RMB3,868 million for consideration of RMB1,503 million for the year ended December 31, 2020 (2018: RMB5,253 million and RMB1,105 million; 2019: RMB3,739 million and RMB1,560 million, respectively), resulting in a net loss of approximately RMB2,365 million for the year ended December 31, 2020 (2018: approximately RMB4,148 million; 2019: approximately RMB2,179 million). |
Right of Use Assets
Right of Use Assets | 12 Months Ended |
Dec. 31, 2020 | |
Schedule Of Information About Right Of Use Assets [Abstract] | |
Right of use Assets | 16. RIGHT-OF-USE 2019 Buildings Tele- communications Land use Others Total Cost: At December 31, 2018 — — — — — Impact on initial application of IFRS 16 (Note) 14,110 35,631 13,504 643 63,888 At January 1, 2019 14,110 35,631 13,504 643 63,888 Additions 3,620 2,814 178 294 6,906 Disposals — (461 ) — — (461 ) End of year 17,730 37,984 13,682 937 70,333 Accumulated depreciation and impairment: At December 31, 2018 — — — — — Impact on initial application of IFRS 16 (Note) (4,962 ) (7,215 ) (4,214 ) (138 ) (16,529 ) At January 1, 2019 (4,962 ) (7,215 ) (4,214 ) (138 ) (16,529 ) Charge for the year (3,443 ) (7,308 ) (295 ) (146 ) (11,192 ) Disposals — 461 — — 461 End of year (8,405 ) (14,062 ) (4,509 ) (284 ) (27,260 ) Net book value: End of year 9,325 23,922 9,173 653 43,073 At January 1, 2019 9,148 28,416 9,290 505 47,359 Note: The Group has initially applied IFRS 16 using the modified retrospective approach and adjusted the opening balances at January 1, 2019 to recognize right-of-use On the date of transition to IFRS 16, assets previously under finance leases of net book value RMB343 million previously included in “Property, plant and equipment” and long-term prepayment for land use rights of net book value RMB9,290 million previously included in “Lease prepayments” were adjusted to “Right-of-use After initial recognition of right-of-use right-of-use Details of total cash outflow for leases and the maturity analysis of lease liabilities are set out in Notes 29(c) and 36, respectively. 2020 Buildings Tele- communications Land use Others Total Cost: Beginning of year 17,730 37,984 13,682 937 70,333 Additions 2,721 5,023 41 426 8,211 Disposals (4,584 ) (551 ) (14 ) (230 ) (5,379 ) End of year 15,867 42,456 13,709 1,133 73,165 Accumulated depreciation and impairment: Beginning of year (8,405 ) (14,062 ) (4,509 ) (284 ) (27,260 ) Charge for the year (3,885 ) (8,140 ) (298 ) (254 ) (12,577 ) Disposals 4,093 304 5 230 4,632 End of year (8,197 ) (21,898 ) (4,802 ) (308 ) (35,205 ) Net book value: End of year 7,670 20,558 8,907 825 37,960 Beginning of year 9,325 23,922 9,173 653 43,073 |
Goodwill
Goodwill | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Goodwill | 17. GOODWILL Goodwill arising from the acquisitions of Unicom New Century Telecommunications Co., Ltd. and Unicom New World Telecommunications Co., Ltd. by the Group in 2002 and 2003, respectively, represented the excess of the purchase consideration over the Group’s shares of the fair values of the separately identifiable net assets acquired. Goodwill is allocated to the Group’s cash-generating units (“CGU”). The recoverable amount of goodwill is determined based on value in use calculations. These calculations use pre-tax pre-tax of goodwill as of December 31, 2019 and 2020. Any reasonably possible change in the assumptions used in the calculation of recoverable amount would not result in impairment losses. |
Investments in Subsidiaries
Investments in Subsidiaries | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Investments in Subsidiaries | 18. INVESTMENTS IN SUBSIDIARIES As of December 31, 2020, the details of the Company’s subsidiaries are as follows: Name Place and date of incorporation /establishment and nature of legal entity Percentage of equity interests held Particular of issued share capital/paid up capital Principal activities and place of operation Direct Indirect China United Network Communications Corporation Limited (“CUCL”) The PRC, April 21, 2000, limited liability company 100% — RMB 213,044,797,828 Telecommunications operation in the PRC China Unicom Global Limited Hong Kong, May 29, 2015, limited company 100% — HKD 2,625,097,491 Investment holding China Unicom (Hong Kong) Operations Limited Hong Kong, May 24, 2000, limited company — 100% HKD 1,510,100,000 Telecommunications service in Hong Kong China Unicom (Americas) Operations Limited USA, May 24, 2002, limited company — 100% 5,000 shares, USD100 each Telecommunications service in the USA China Unicom (Europe) Operations Limited The United Kingdom, November 8, 2006, limited company — 100% 4,861,000 shares, GBP1 each Telecommunications operation in the United Kingdom China Unicom (Japan) Operations Corporation Japan, January 25, 2007, limited company — 100% 1,000 shares, JPY366,000 each Telecommunications operation in Japan China Unicom (Singapore) Operations Pte Limited Singapore, August 5, 2009, limited company — 100% 30,000,000 shares, RMB1 each Telecommunications operation in Singapore China Unicom (South Africa) Operations (Pty) Limited South Africa, November 19, 2012, limited liability company — 100% 100 shares, ZAR 1 each Telecommunications operation in South Africa China Unicom (MYA) Operations Company Limited The Republic of the Union of Myanmar (“Myanmar”), June 7, 2013, limited liability company — 100% 2,150,000 shares, USD1 each Communications technology training in Myanmar China Unicom (Australia) Operations Pty Limited Australia, May 27, 2014, limited liability company — 100% 7,152,953 shares, AUD 1 each Telecommunications operation in Australia China Unicom (Russia) Operations Limited Liability Company Russia, December 28, 2016, limited liability company — 100% RUB10,000 Telecommunications service in Russia China Unicom (Brazil) Telecommunications Limited Brazil, June 23, 2016, limited liability company — 100% R$ 21,165,840 Telecommunications service in Brazil China Unicom (Brazil) Holdings Ltda. Brazil, October 27, 2017, limited liability company — 100% R$ 21,277,298 Investment holding China Unicom Operations (Thailand) Limited Thailand, November 20, 2017, limited liability company — 100% 40,000 shares, Baht100 each Telecommunications service in Thailand China Unicom Operations (Malaysia) Sdn. Bhd. Malaysia, November 10, 2017, limited liability company — 100% 3,200,000 shares, MYR1 each Telecommunications service in Malaysia China Unicom Operations Korea Co., Ltd Korea, November 24, 2017, limited liability company — 100% 60,000 shares, KRW5,000 each Telecommunications service in Korea China Unicom (Vietnam) Operations Company Limited Vietnam, April 19, 2018, limited liability company — 100% VND 2,276,000,000 Telecommunications service in Vietnam China Unicom (Cambodia) Operations Co.Ltd Cambodia, May 11, 2018, limited liability company — 100% 10,000 shares, Riels4,000 each Telecommunications service in Cambodia PT China Unicom Indonesia Operations Indonesia, October 25, 2019, limited liability company — 100% 20,000,000,001 shares, Rp1 each Telecommunications service in Indonesia China Unicom (Philippines) Operations Inc Philippines, November 6, 2019, limited liability company — 100% 103,012 shares, Php100 each Telecommunications service in Philippines Unicom Vsens Telecommunications Company Limited The PRC, August 19, 2008, limited liability company — 100% RMB 610,526,500 Sales of handsets, telecommunication equipment and provision of technical services in the PRC Unicom Digital Technology Co,.Ltd The PRC, April 30, 2006, limited liability company — 100% RMB 6,749,318,313.27 Provision of information communications technology services in the PRC China Unicom Online Information Technology Company Limited The PRC, March 29, 2006, limited liability company — 100% RMB 400,000,000 Provision of internet information services and value-added telecommunications services in the PRC Beijing Telecom Planning and Designing Institute Company Limited The PRC, April 25, 1996, limited liability company — 100% RMB 264,227,115 Provision of telecommunications network construction, planning and technical consulting services in the PRC China Information Technology Designing & Consulting Institute Company Limited The PRC, November 11, 1991, limited liability company — 100% RMB 430,000,000 Provision of consultancy, survey, design and contract services relating to information projects and construction projects in the telecommunications industry in the PRC China Unicom Information Navigation Company Limited The PRC, September 17, 1998, limited liability company — 100% RMB 6,825,087,800 Provision of customer services in the PRC Huaxia P&T Project Consultation and Management Company Limited The PRC, March 5, 1998, limited liability company — 100% RMB 50,100,000 Provision of project design consultation and monitoring in the PRC Zhengzhou Kaicheng Industrial Company Limited The PRC, December 21, 2005, limited liability company — 100% RMB 2,200,000 Provision of property management services in the PRC Unicompay Company Limited The PRC, April 11, 2011, limited liability company — 100% RMB 250,000,000 Provision of e-payment Beijing Wo Digital Media Advertising Co., Ltd The PRC, July 21, 2006, limited liability company — 100% RMB 20,000,000 Provision of advertising design, production, agency and publication in the PRC Guangdong Unicom Communication Construction Co., Ltd The PRC, May 28, 2013, limited liability company — 100% RMB 30,000,000 Provision of telecommunications network construction, maintenance and technical services in the PRC China Unicom Intelligence Security Technology Corporation Limited The PRC, August 15, 2007, limited liability company — 100% RMB 150,000,000 Provision of technical development and consultation in the PRC Unicom Cloud Data Company Limited The PRC, June 4, 2013, limited liability company — 100% RMB 4,000,000,000 Provision of technology development, transfer and consulting service in the PRC Unicom Innovation Investment Company Limited The PRC, April 29, 2014, limited liability company — 100% RMB 3,040,000,000 Venture capital investment business in the PRC Xiaowo Technology Co. Ltd The PRC, October 24, 2014, limited liability company — 100% RMB 200,000,000 Communications technology development and promotion in the PRC China Unicom Smart Connection Technology Company Limited The PRC, August 7, 2015, limited liability company — 68.88% RMB 246,796,148 Auto informatisation Unicom Intelligent Network Ruixing Technology (Beijing) Co., Ltd. The PRC, September 26, 2018, limited liability company — 55.10% RMB 10,000,000 Provision of technology promotion service of intelligent transportation system’s products in the PRC Unicom Intelligent Vehicle Technology (Shanghai) Co., Ltd The PRC, September 28, 2018, limited liability company — 68.88% RMB 10,000,000 Provision of technology development, technology consultation and other services in the PRC Finance Company The PRC, June 17, 2016, limited liability company — 91% RMB 3,000,000,000 Provision of financial services in the PRC China Unicom Innovation Investment Company (Shenzhen) Limited The PRC January 28, 2016, limited liability company — 100% RMB 200,000 Venture capital investment business in the PRC China Unicom Innovation Investment Company (Guizhou) Limited The PRC, October 8, 2016, limited liability company — 60% RMB 1,000,000 Venture capital investment business in the PRC China Unicom Innovation Investment (Shenzhen) Investment Centre The PRC, February 1, 2016, limited partnership — 100% RMB 79,300,000 Venture capital investment business in the PRC Unicom Big Data Co., Ltd. The PRC, August 24, 2017, limited liability company — 100% RMB 500,000,000 Provision of data processing service in the PRC Liantong Travel Service (Beijing) Company Limited The PRC, September 30, 2017, limited liability company — 100% RMB 30,000,000 Provision of tourism and information services in the PRC China Unicom (Guangdong Branch) Internet Industry Limited The PRC, January 5, 2017, limited liability company — 100% RMB 100,000,000 Provision of information communications technology services in the PRC China Unicom (Zhejiang) Industry Internet Company Limited The PRC, June 20, 2017, limited liability company — 100% RMB 11,000,000 Provision of information communications technology services in the PRC China Unicom (ShanDong) Industrial Internet Company Limited The PRC, March 3, 2017, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Fujian) Industrial Internet Company Limited The PRC, February 23, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Shanxi) Industrial Internet Company Limited The PRC, March 21, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom Xiongan Industrial Internet Company Limited The PRC, April 25, 2018, limited liability company — 100% RMB 15,000,000 Provision of information communications technology services in the PRC China Unicom (Sichuan) Industrial Internet Company Limited The PRC, March 29, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Liaoning) Industrial Internet Company Limited The PRC, March 28, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Shaanxi) Industrial Internet Company Limited The PRC, March 27, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Jiangsu) Industrial Internet Company Limited The PRC, May 9, 2018, limited liability company — 100% RMB 26,200,000 Provision of information communications technology services in the PRC China Unicom (Shanghai) Industrial Internet Company Limited The PRC, March 13, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Heilongjiang) Industrial Internet Company Limited The PRC, March 14, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC Henan Industrial Interconnection &Technology Co, Ltd The PRC, May 30, 2019, limited liability company — 40% RMB 53,000,000 Provision of information communications technology services in the PRC China Unicom Video Technology Co., Ltd. The PRC, January 17, 2018, limited liability company — 100% RMB 100,000,000 Provision of technology research and development, consultation and services of TV Video and Mobile Video in the PRC China Unicom Internet of Things Corporation Limited The PRC, March 16, 2018, limited liability company — 100% RMB 207,000,000 Provision of internet of things technology, system development and technical consultation, sales and maintenance of system and equipment and online data processing and transaction business in the PRC China Unicom High-tech Big Data Artificial Intelligence Technology (Chengdu) Co., Ltd. The PRC, March 29, 2018, limited liability company — 51% RMB 10,000,000 Provision of Big Data Service, cloud computation and infrastructure service in the PRC China Unicom iRead Science and Culture Co., Ltd. The PRC, April 28, 2018, limited liability company — 100% RMB 51,000,000 Provision of Online Video, Online Reading Material in the PRC China Unicom WO Music & Culture Co., Ltd. The PRC, May 8, 2018, limited liability company — 100% RMB 100,000,000 Provision of Network Music Service in the PRC China Unicom Leasing Co., Ltd. The PRC, April 11, 2018, limited liability company 25% 75% RMB 2,500,000,000 Provision of Financing leasing business in the PRC Yunjing Culture And Tourism Technology Co., LTD The PRC, February 27, 2019, limited liability company — 60% RMB 20,000,000 Provision of data analysis, processing and application services in the PRC Yundun Intelligent Security Technology Co., Ltd The PRC, November 11, 2019, limited liability company — 51% RMB 51,000,000 Provision of software development; technology promotion and development in the PRC Wobaifu Information Technology (Tianjin) Co., Ltd The PRC, April 17, 2020, limited liability company — 100% RMB 10,000,000 Provision of software and information technology service in the PRC Changchun FAW Communications Technology Co., Ltd. The PRC, September 27, 2002, limited liability company — 51% RMB 86,458,600 Telecommunications operation in the PRC Yichun Digital Economy Industry Operation Co., Ltd The PRC, December 14, 2020, limited liability company — 51% Not applicable Provision of technology development, technology consultation and other services in the PRC |
Interest in Associates
Interest in Associates | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Interest in Associates | 19. INTEREST IN ASSOCIATES 2019 2020 Share of net assets 36,445 38,802 The following list contains the particulars of a material associate as of December 31, 2020: Name Form of business structure Place of incorporation and business Proportion of ownership interest held by a subsidiary Paid up capital Principal activities Tower Company Incorporated The PRC 20.65 % RMB 176,008,471,024 Construction, maintenance and operation of communications towers in the PRC (Note 45.2) The above associate is accounted for using the equity method in the consolidated financial statements. In August 2018, Tower Company was listed on the SEHK and issued new shares in connection there of, which resulted in a decrease in the Group’s shareholding percentage in Tower Company from 28.1% to 20.65%. The associated dilution has resulted in an increase in the Group’s share of net profit of associates accounted for under equity method by approximately RMB793 million and a one-off Summarized financial information of the material associate, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below: Tower Company 2019 2020 Current assets 40,995 43,204 Non-current 297,072 294,176 Current liabilities (128,364 ) (106,635 ) Non-current (27,142 ) (44,499 ) Equity (182,561 ) (186,246 ) Revenue 76,428 81,099 Income for the year 5,221 6,427 Total comprehensive income for the year 5,221 6,427 Reconciled to the Group’s interest in the associate: Net assets of the associate 182,561 186,246 The Group’s effective interest 20.65 % 20.65 % 37,697 38,460 Adjustment for the remaining balance of the deferred gain from the Group’s Tower Assets Disposal (1,521 ) (1,262 ) Carrying amount in the consolidated financial statements 36,176 37,198 As of December 31, As of December 31, Carrying Fair Carrying Fair Interest in listed associate-Tower Company 36,176 56,000 37,198 34,873 As of December 31, 2020, the fair value of investment in Tower Company was RMB34,873 million (2019: RMB56,000 million) based on its quoted market price, which was below its carrying amount. The directors of the Group performed an impairment test and there was no impairment of the investment as at December 31, 2020. |
Interest in Joint Ventures
Interest in Joint Ventures | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Interest in Joint Ventures | 20. INTEREST IN JOINT VENTURES 2019 2020 Share of net assets 4,771 5,656 The following list contains the particulars of a material joint venture, which is unlisted corporate entity which has no available quoted market price as of December 31, 2020: Name Form of Place of Proportion of Paid up capital Principal activities Merchants Union Consumer Finance Company Limited (“MUCFC”) Incorporated The PRC 50 % RMB 3,868,960,000 Consumer finance consulting in the PRC Summarized financial information of the material joint venture, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below: MUCFC 2019 2020 Assets 92,697 108,311 Liabilities (83,337 ) (97,283 ) Equity (9,360 ) (11,028 ) Revenue 10,740 12,651 Income for the year 1,466 1,668 Total comprehensive income for the year 1,466 1,668 Included in above income: Interest income 13,055 15,710 Interest expense (3,178 ) (3,059 ) Income tax expense (426 ) (728 ) Reconciled to the Group’s interests in the joint venture: Net assets of the joint venture 9,360 11,028 The Group’s effective interest 50 % 50 % Carrying amount in the consolidated financial statements 4,680 5,514 |
Contract Assets and Contract Li
Contract Assets and Contract Liabilities | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Contract Assets and Contract Liabilities | 21. CONTRACT ASSETS AND CONTRACT LIABILITIES (a) Contract assets: 2019 2020 Contract assets from bundle sales of mobile handsets and provision of service, net of allowance 1,856 832 Others 47 94 Sub-total 1,903 926 Less: Current portion (1,308 ) (823 ) 595 103 The Group offers preferential packages to the customers which include the bundle sales of mobile handsets and provision of service. The total contract consideration of such preferential packages is allocated to service revenue and sales of handsets based on their standalone selling prices. The revenue relating to the sale of the handsets is recognized when the titles are passed to the customers and the consideration allocated to the sales of mobile handsets is gradually received during the contract period when the customers pay the monthly package fee. (b) Contract liabilities Note 2019 2020 Advances received from customers for future services (i) 39,498 41,537 Others 1,150 1,104 40,648 42,641 (i) Contract liabilities primarily arises from relates to the considerations received from customers before the Group satisfying performance obligations. It would be recognized as revenue upon the rendering of services. Almost all of the contract liability balance as of December 31, 2018 and 2019 was recognized as revenue for the year ended December 31, 2019 and 2020. |
Contract Costs
Contract Costs | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Contract Costs | 22. CONTRACT COSTS Note 2019 2020 Direct incremental costs of broadband and IPTV service (i) 3,079 2,410 Sales commissions (ii) 1,844 1,262 4,923 3,672 (i) Direct incremental costs for activating broadband and IPTV subscribers mainly include the costs of installing broadband and IPTV terminals at customer’s homes for the provision of broadband and IPTV services, and are amortized over the expected service period. The amount of capitalized direct incremental costs for activating broadband and IPTV subscribers recognized in profit or loss during the year was RMB2,524 million (2019: RMB2,891 million). The amount of capitalized direct incremental costs for activating broadband and IPTV subscribers that is expected to be recovered after more than one year is RMB719 million (2019: RMB893 million). (ii) Sales commissions are paid to agents whose selling activities resulted in new customers entering into contracts with the Group. The amount of capitalized sales commissions recognized in profit or loss during the year was RMB1,152 million (2019: RMB1,472 million). There was no significant impairment in relation to the opening balance of capitalized costs or the costs capitalized during the year (2019: Nil). The amount of capitalized sales commissions that is expected to be recovered after more than one year is RMB396 million (2019: RMB811 million). |
Financial Assets Measured at Fa
Financial Assets Measured at Fair Value | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Financial Assets Measured at Fair Value | 23. FINANCIAL ASSETS MEASURED AT FAIR VALUE Note 2019 2020 Non-current Equity securities measured at FVOCI (non-recycling) (i) 3,323 1,838 Financial assets measured at FVPL (ii) 568 934 Debt securities measured at FVOCI (recycling) (iii) — 721 3,891 3,493 Current portion: Financial assets measured at FVPL (ii) 202 1,560 Debt securities measured at FVOCI (recycling) (iii) — 22,629 202 24,189 4,093 27,682 (i) Equity securities measured at FVOCI (non-recycling): Note 2019 2020 Listed in the PRC 143 114 Listed outside the PRC 42 3,125 1,672 Unlisted 55 52 3,323 1,838 (ii) Financial assets measured at FVPL represent certain equity investments, investments in monetary funds and wealth management products. (iii) Debt securities measured at FVOCI (recycling) represent certain debt investments issued by banks and the investments are held within a business model whose objective is achieved by both the collection of contractual cash flows and sale. |
Short-term Bank Deposits and Re
Short-term Bank Deposits and Restricted Deposits | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Short-term Bank Deposits, Restricted Deposits and Other Financial Assets Measured at Amortised Costs | 24. SHORT-TERM BANK DEPOSITS AND RESTRICTED DEPOSITS 2019 2020 Short-term bank deposits — 6,900 Restricted deposits 3,716 5,089 3,716 11,989 |
Other Assets
Other Assets | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Other Assets | 25. OTHER ASSETS Note 2019 2020 Intangible assets (i) 11,324 10,974 Prepaid services charges for transmission lines and electricity cables and other services 995 1,281 VAT recoverable (ii) 216 442 Others 1,273 1,894 13,808 14,591 (i) Intangible assets Computer software Others Total Cost: At January 1, 2019 28,956 3,405 32,361 Additions 174 21 195 Transfer from CIP 3,956 205 4,161 Disposals (1,728 ) (53 ) (1,781 ) At December 31, 2019 31,358 3,578 34,936 Additions 145 13 158 Transfer from CIP 4,097 399 4,496 Disposals (3,596 ) (103 ) (3,699 ) At December 31, 2020 32,004 3,887 35,891 Accumulated amortization and impairment: At January 1, 2019 (19,745 ) (1,460 ) (21,205 ) Amortization charge for the year (3,736 ) (427 ) (4,163 ) Disposals 1,708 48 1,756 At December 31, 2019 (21,773) (1,839) (23,612) Amortization charge for the year (4,331 ) (509 ) (4,840 ) Disposals 3,447 88 3,535 At December 31, 2020 (22,657 ) (2,260 ) (24,917 ) Net book value: At December 31, 2020 9,347 1,627 10,974 At December 31, 2019 9,585 1,739 11,324 (ii) VAT recoverable includes input VAT and prepaid VAT which will likely be deducted beyond one year. VAT recoverable which will be deducted within one year are included in “Prepayments and other current assets”. See Note 28(i). |
Inventories and Consumables
Inventories and Consumables | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Inventories and Consumables | 26. INVENTORIES AND CONSUMABLES 2019 2020 Handsets and other telecommunication products 2,027 1,682 Consumables 16 1 Others 316 268 2,359 1,951 |
Accounts Receivable
Accounts Receivable | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Accounts Receivable | 27. ACCOUNTS RECEIVABLE 2019 2020 Accounts receivable 24,601 26,009 Less: Credit loss allowance (7,368 ) (9,722 ) 17,233 16,287 The gross carrying amount of accounts receivable from contracts with customers amounted to RMB25,933 million as of December 31, 2020 (2019: RMB24,569 million). The aging analysis of accounts receivable, based on the billing date and net of credit loss allowance, is as follows: 2019 2020 Within one month 9,472 8,963 More than one month to three months 2,545 2,766 More than three months to one year 3,881 3,914 More than one year 1,335 644 17,233 16,287 The normal credit period granted by the Group to individual subscribers and general corporate customers is thirty days from the date of billing unless they meet certain specified credit assessment criteria. For major corporate customers, the credit period granted by the Group is based on the service contract terms, normally not exceeding one year. There is no significant concentration of credit risk with respect to customers receivables, as the Group has a large number of customers. The Covid-19 Covid-19 The Group measures loss allowances for accounts receivable at an amount equal to lifetime ECLs, which is calculated using a provision matrix. As the Group’s historical credit loss experience indicate that there are different loss patterns for different customer types, the loss allowance based on past due status is distinguished between the Group’s different customer types. The following table provides information about the Group’s exposure to credit risk and ECLs for accounts receivable as of December 31, 2019: For individual subscribers and general corporate customers Expected Gross carrying Loss Current (not past due) 6 % 2,929 (175 ) 1 - 90 days past due 50 % 1,363 (683 ) 91 - 180 days past due 90 % 840 (755 ) More than 180 days past due 100 % 2,250 (2,250 ) 7,382 (3,863 ) For major corporate customers Expected Gross carrying Loss Current (not past due) 4 % 9,602 (372 ) Within 1 year past due 15 % 4,517 (674 ) 1 - 2 years past due 48 % 1,037 (498 ) 2 - 3 years past due 88 % 795 (699 ) More than 3 years past due 100 % 1,268 (1,262 ) 17,219 (3,505 ) The following table provides information about the Group’s exposure to credit risk and ECLs for accounts receivable as of December 31, 2020: For individual subscribers and general corporate customers Expected Gross carrying Loss Current (not past due) 6 % 2,696 (161 ) 1 - 90 days past due 50 % 1,195 (599 ) 91 - 180 days past due 90 % 711 (637 ) More than 180 days past due 100 % 2,147 (2,147 ) 6,749 (3,544 ) For major corporate customers Expected Gross carrying Loss Current (not past due) 5 % 6,641 (332 ) Within 1 year past due 24 % 7,899 (1,867 ) 1 - 2 years past due 68 % 2,020 (1,382 ) 2 - 3 years past due 89 % 942 (839 ) More than 3 years past due 100 % 1,758 (1,758 ) 19,260 (6,178 ) Expected loss rates are based on actual loss experience over past years. These rates are adjusted to reflect differences between economic conditions during the period over which the historic data has been collected, current conditions and the Group’s view of economic conditions over the expected lives of the receivables. The movement in the credit loss allowance in respect of accounts receivable during the year, is as follows: 2018 2019 2020 Balance, beginning of year 5,210 6,709 7,368 Impact on initial application of IFRS 9 (2014) (Note2.2(c)) 1,118 — — Allowance for the year 3,300 3,128 5,097 Written-off (2,919 ) (2,469 ) (2,743 ) Balance, end of year 6,709 7,368 9,722 The creation and release of allowance for impaired receivables have been recognized in the consolidated statements of income. Amounts charged to the allowance account are generally written-off The maximum exposure to credit risk as of the statements of financial position date is the carrying value of accounts receivable mentioned above. |
Prepayments and Other Current A
Prepayments and Other Current Assets | 12 Months Ended |
Dec. 31, 2020 | |
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Prepayments and Other Current Assets | 28. PREPAYMENTS AND OTHER CURRENT ASSETS The nature of prepayments and other current assets, net of credit loss allowance, are as follows: Note 2019 2020 Prepaid services charges for transmission lines and electricity cables and other services 2,053 3,549 Prepaid power and water charges 648 625 Deposits and prepayments 2,068 3,607 VAT recoverable (i ) 5,286 5,726 Prepaid enterprise income tax 329 12 Others 2,072 2,363 12,456 15,882 (i) VAT recoverable includes the input VAT and prepaid VAT that can be deducted within one year. Prepayments and other current assets are expected to be recovered or recognized as expenses within one year. As of December 31, 2019 and 2020, there was no significant impairment for the prepayments and other current assets. |
Cash And Cash Equivalents And O
Cash And Cash Equivalents And Other Cash Flow Information | 12 Months Ended |
Dec. 31, 2020 | |
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Cash And Cash Equivalents And Other Cash Flow Information | 29. CASH AND CASH EQUIVALENTS AND OTHER CASH FLOW INFORMATION (a) Cash and cash equivalents 2019 2020 Cash at bank and in hand 34,945 23,085 Cash and cash equivalents refer to all cash on hand and demand deposits, short-term highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value. (b) Reconciliation of liabilities arising from financing activities The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash Short-term Long-term Commercial Promissory notes Corporate Finance Other Total At January 1, 2018 22,500 3,883 8,991 17,960 17,981 692 4,116 76,123 Changes from financing cash flows: Proceeds from short-term bank loans 53,306 — — — — — — 53,306 Loans from related parties — — — — — — 3,090 3,090 Repayment of commercial papers — — (9,000 ) — — — — (9,000 ) Repayment of short-term bank loans (60,730 ) — — — — — — (60,730 ) Repayment of long-term bank loans — (435 ) — — — — — (435 ) Repayment of ultimate holding company loan — — — — — — (1,344 ) (1,344 ) Repayment of related parties loan — — — — — — (475 ) (475 ) Repayment of finance lease — — — — — (493 ) — (493 ) Repayment of promissory notes — — — (18,000 ) — — — (18,000 ) Payment of issuing expense for promissory notes — — — (67 ) — — — (67 ) Net deposits by Unicom Group and its subsidiaries with Finance Company — — — — — — 2,354 2,354 Total changes from financing cash flows (7,424 ) (435 ) (9,000 ) (18,067 ) — (493 ) 3,625 (31,794 ) Exchange adjustments 9 77 — — — — — 86 Other changes: New financing leases — — — — — 10 — 10 Others — 89 9 107 12 31 — 248 Total other changes — 89 9 107 12 41 — 258 At December 31, 2018 15,085 3,614 — — 17,993 240 7,741 44,673 Short-term Long-term Commercial Promissory notes Corporate Finance Lease liabilities Other Total (Note 39) (Note 33) (Note 40) (Note 34) (Note 35) (Note 36) At December 31, 2018 15,085 3,614 — — 17,993 240 — 7,741 44,673 Impact on initial application of IFRS 16 (Note) — — — — — (240 ) 36,720 — 36,480 At January 1, 2019 15,085 3,614 — — 17,993 — 36,720 7,741 81,153 Changes from financing cash flows: Proceeds from short-term bank loans 28,784 — — — — — — — 28,784 Proceeds from commercial papers — — 8,995 — — — — — 8,995 Proceeds from promissory notes — — — 992 — — — — 992 Proceeds from corporate bonds — — — — 2,000 — — — 2,000 Loans from related parties — — — — — — — 50 50 Repayment of short-term bank loans (38,290 ) — — — — — — — (38,290 ) Repayment of long-term bank loans — (418 ) — — — — — — (418 ) Repayment of related parties loan — — — — — — — (48 ) (48 ) Repayment of corporate bonds — — — — (17,000 ) — — — (17,000 ) Capital element of lease rentals paid — — — — — — (11,123 ) — (11,123 ) Net deposits with Finance Company by related parties — — — — — — — 236 236 Total changes from financing cash flows (9,506 ) (418 ) 8,995 992 (15,000 ) — (11,123 ) 238 (25,822 ) Exchange adjustments (15 ) 27 — — — — — — 12 Other changes: Increase in lease liabilities from entering into new leases during the year — — — — — — 6,728 — 6,728 Others — 83 — 6 5 — — — 94 Total other changes — 83 — 6 5 — 6,728 — 6,822 At December 31, 2019 5,564 3,306 8,995 998 2,998 — 32,325 7,979 62,165 Note: The Group has initially applied IFRS16 using the modified retrospective approach and adjusted the opening balance at January 1, 2019 to recognize lease liabilities relating to leases which were previously classified as operating leases under IAS17. Short-term Long-term Commercial Promissory Corporate Lease Other Total (Note 39) (Note 33) (Note 40) (Note 34) (Note 35) (Note 36) At January 1, 2020 5,564 3,306 8,995 998 2,998 32,325 7,979 62,165 Changes from financing cash flows: Proceeds from short-term bank loans 2,740 — — — — — — 2,740 Proceeds from commercial papers — — 8,000 — — — — 8,000 Repayment of short-term bank loans (7,564 ) — — — — — — (7,564 ) Repayment of commercial papers — — (10,000 ) — — — — (10,000 ) Repayment of long-term bank loans — (395 ) — — — — — (395 ) Repayment of related parties loan — — — — — — (50 ) (50 ) Payment of issuing expense for commercial papers — — (7 ) — — — — (7 ) Capital element of lease rentals paid — — — — — (11,696 ) — (11,696 ) Net deposits with Finance Company by related parties — — — — — — 283 283 Total changes from financing cash flows (4,824 ) (395 ) (2,007 ) — — (11,696 ) 233 (18,689 ) Exchange adjustments — (88 ) — — — — — (88 ) Other changes: Increase in lease liabilities from entering into new leases during the year — — — — — 8,170 — 8,170 Decrease due to termination of lease contracts — — — — — (838 ) — (838 ) Others — 77 12 — 1 — — 90 Total other changes — 77 12 — 1 7,332 — 7,422 At December 31, 2020 740 2,900 7,000 998 2,999 27,961 8,212 50,810 (c) Total cash outflow for leases Amounts included in the consolidated statements of cash flows for leases comprise the following: 2019 2020 Within operating cash flows 7,798 7,971 Within investing cash flows 178 41 Within financing cash flows 11,123 11,696 19,099 19,708 Note: The Group has initially applied IFRS 16 using the modified retrospective approach and adjusted the opening balances at January 1, 2019 to recognize right-of-use |
Share Capital
Share Capital | 12 Months Ended |
Dec. 31, 2020 | |
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Share Capital | 30. SHARE CAPITAL Issued and fully paid: Number of shares millions Share capital At January 1, 2018 and December 31, 2018, 2019 and 2020 30,598 254,056 |
Reserves
Reserves | 12 Months Ended |
Dec. 31, 2020 | |
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Reserves | 31. RESERVES (a) Nature and purpose (i) Statutory reserves CUCL is registered as a foreign investment enterprise in the PRC. In accordance with the Articles of Association, it is required to provide for certain statutory reserves, namely, general reserve fund and staff bonus and welfare fund, which are appropriated from income after tax and non-controlling CUCL is required to allocate at least 10% of its income after tax and non-controlling Accordingly, CUCL appropriated approximately RMB1,246 million (2019: approximately RMB1,273 million) to the general reserve fund for the year ended December 31, 2020. Appropriation to the staff bonus and welfare fund is made at the discretion of the Board of Directors. The staff bonus and welfare fund can only be used for special bonuses or the collective welfare of the employees and cannot be distributed as cash dividends. Under IFRSs, the appropriations to the staff bonus and welfare fund are charged to the statements of income as expenses incurred since any assets acquired through this fund belong to the employees. For the years ended December 31, 2018, 2019 and 2020, no appropriation to staff bonus and welfare fund has been made by CUCL. According to the PRC tax approval document issued by the MOF and the SAT of the PRC, the upfront connection fees were not subject to the PRC enterprise income tax and an amount equal to the upfront connection fees recognized in the retained profits had been transferred from retained profits to the statutory reserve. As of December 31, 2011, an accumulated appropriation of approximately RMB12,289 million was made to the statutory reserve and no more upfront connection fees are recognized afterwards. (ii) General risk reserve CUCL and Unicom Group established the Finance Company to provide certain financial services. Pursuant to “Requirements on Impairment Allowance for Financial Institutions” (Caijin [2012] No. 20) issued by the MOF which effective on July 1, 2012 (the “Document”), the Finance Company establishes a general risk reserve within the shareholders’ equity, through appropriation of retained profits, to address unidentified potential losses relating to risk assets. The general risk reserve balance should not be less than 1.5% of the ending balance of risk assets, as defined in the Document. (iii) Investment revaluation reserve The investment revaluation reserve represents the changes in fair value of financial assets through other comprehensive income, net of tax, until the financial assets are derecognized. (iv) Other reserve Other reserve mainly represents the difference between the consideration and the net assets value for business combination of entities and businesses under common control, the effect of CUCL’s capitalization of retained profits, and capital contribution relating to share-based payment borne by A Share Company. |
Dividends
Dividends | 12 Months Ended |
Dec. 31, 2020 | |
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Dividends | 32. DIVIDENDS At the annual general meeting held on May 10, 2019, the shareholders of the Company approved the payment of a final dividend of RMB0.134 per ordinary share for the year ended December 31, 2018, totaling approximately RMB4,100 million which has been reflected as a reduction of retained profit for the year ended December 31, 2019. At the annual general meeting held on May 25, 2020, the shareholders of the Company approved the payment of a final dividend of RMB0.148 per ordinary share for the year ended December 31, 2019, totaling approximately RMB4,529 million which has been reflected as a reduction of retained profit for the year ended December 31, 2020. At a meeting held on March 11, 2021, the Board of Directors of the Company proposed the payment of a final dividend of RMB0.164 per ordinary share to the shareholders for the year ended December 31, 2020 totaling approximately RMB5,018 million. This proposed dividend has not been reflected as a dividend payable in the consolidated financial statements as of December 31, 2020 but will be reflected in the consolidated financial statements for the year ending December 31, 2021. 2019 2020 Proposed final dividend: RMB0.164 (2019: RMB0.148) per ordinary share by the Company 4,529 5,018 Pursuant to the PRC enterprise income tax law, a 10% withholding income tax is levied on dividends declared on or after January 1, 2008 by foreign investment enterprises to their foreign enterprise shareholders unless the enterprise investor is deemed as a PRC Tax Resident Enterprise (“TRE”). On November 11, 2010, the Company obtained an approval from the SAT of the PRC, pursuant to which the Company qualifies as a PRC TRE from January 1, 2008. Therefore, as of December 31, 2019 and 2020, the Company’s subsidiaries in the PRC did not accrue for withholding tax on dividends distributed to the Company and there has been no deferred tax liability accrued in the Group’s consolidated financial statements for the undistributed profits of the Company’s subsidiaries in the PRC. For the Company’s non-PRC non-PRC |
Long-Term Bank Loans
Long-Term Bank Loans | 12 Months Ended |
Dec. 31, 2020 | |
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Long-Term Bank Loans | 33. LONG-TERM BANK LOANS Interest rates and final maturity 2019 2020 RMB denominated bank loans Fixed interest rates ranging from 1.08% to 1.20% (2019: 1.08% to 1.20%) per annum with maturity through 2036 (2019: maturity through 2036) 3,032 2,678 USD denominated bank loans Fixed interest rates ranging from Nil to 1.55% (2019: Nil to 1.55%) per annum with maturity through 2039 (2019: maturity through 2039) 232 204 Euro denominated bank loans Fixed interest rates ranging from 1.10% to 2.50% (2019: 1.10% to 2.50%) per annum with maturity through 2034 (2019: maturity through 2034) 42 18 Sub-total 3,306 2,900 Less: Current portion (437 ) (418 ) 2,869 2,482 As of December 31, 2020, long-term bank loans of approximately RMB46 million (2019: approximately RMB61 million) were guaranteed by third parties. The repayment schedule of the long-term bank loans is as follows: 2019 2020 Balances due: - no later than one year 437 418 - later than one year and no later than two years 413 444 - later than two years and no later than five years 1,183 1,072 - later than five years 1,273 966 3,306 2,900 Less: Portion classified as current liabilities (437 ) (418 ) 2,869 2,482 |
Promissory Notes
Promissory Notes | 12 Months Ended |
Dec. 31, 2020 | |
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Promissory Notes | 34. PROMISSORY NOTES On November 18, 2019, CUCL issued tranche one of 2019 promissory notes in an amount of RMB1 billion, with a maturity period of 3 years from the date of issue and which carries interest at 3.39% per annum. |
Corporate Bonds
Corporate Bonds | 12 Months Ended |
Dec. 31, 2020 | |
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Corporate Bonds | 35. CORPORATE BONDS On June 7, 2016, the Group issued RMB1 billion 5-year On June 19, 2019, the Group issued RMB2 billion 3-year |
Lease Liabilities
Lease Liabilities | 12 Months Ended |
Dec. 31, 2020 | |
Presentation of leases for lessee [abstract] | |
Lease Liabilities | 36. LEASE LIABILITIES As of December 31, 2019 and 2020, the lease liabilities were repayable as follows: 2019 2020 Present value of Total minimum Present value of Total minimum Within 1 year: 10,790 11,085 11,503 11,757 After 1 year but within 2 years 9,602 10,183 9,770 10,352 After 2 years but within 5 years 10,871 12,112 5,575 6,203 After 5 years 1,062 1,430 1,113 1,498 21,535 23,725 16,458 18,053 32,325 34,810 27,961 29,810 Less: total future interest expenses (2,485 ) (1,849 ) Present value of lease liabilities 32,325 27,961 |
Deferred Revenue
Deferred Revenue | 12 Months Ended |
Dec. 31, 2020 | |
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Deferred Revenue | 37. DEFERRED REVENUE Deferred revenue mainly represents the unamortized portion of government grants. 2019 2020 Balance at beginning of the year 3,687 4,851 Additions for the year - government grants 1,017 915 - others 985 1,204 Sub-total 2,002 2,119 Reductions for the year - recognition of government grants in profit or loss (469 ) (591 ) - others (369 ) (452 ) Sub-total (838 ) (1,043 ) Balance at end of the year 4,851 5,927 |
Other Obligations
Other Obligations | 12 Months Ended |
Dec. 31, 2020 | |
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Other Obligations | 38. OTHER OBLIGATIONS Note 2019 2020 One-off (a ) 2,496 2,496 Others 282 131 Sub-total 2,778 2,627 Less: Current portion (2,604 ) (2,529 ) 174 98 (a) One-off Certain staff quarters, prior to 1998, were sold to certain of the Group’s employees at preferential prices, subject to a number of eligibility requirements. In 1998, the State Council issued a circular which stipulated that the sale of quarters to employees at preferential prices should be terminated. In 2000, the State Council issued a further circular stating that cash subsidies should be made to certain eligible employees following the withdrawal of the allocation of staff quarters. However, the specific timetable and procedures for the implementation of these policies were to be determined by individual provincial or municipal governments based on the particular situation of the provinces or municipality. Based on the relevant detailed local government regulations promulgated, certain entities within the Group adopted cash housing subsidy plans. In accordance with these plans, for those eligible employees who had not been allocated with quarters or who had not been allocated with quarters up to the prescribed standards before the discounted sales of quarters were terminated, the Group determined to pay them one-off In January 2009, through the absorption of China Netcom (Group) Company Limited (“CNC China”) by CUCL and the absorption of China Network Communications Group Corporation (“Netcom Group”) by Unicom Group, the rights and obligations formerly undertaken by CNC China and Netcom Group were taken over by CUCL and Unicom Group separately. As of December 31, 2020, the Group’s unpaid one-off one-off |
Short-Term Bank Loans
Short-Term Bank Loans | 12 Months Ended |
Dec. 31, 2020 | |
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Short-Term Bank Loans | 39. SHORT-TERM BANK LOANS Interest rates and final maturity 2019 2020 RMB denominated bank loans Fixed interest rates are 1.85% (2019: 2.15% to 3.92%) per annum with maturity through 2021 (2019: maturity through 2020) 5,564 740 At December 31, 2019 and 2020, all short-term bank loans were unsecured. |
Commercial Papers
Commercial Papers | 12 Months Ended |
Dec. 31, 2020 | |
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Commercial Papers | 40. COMMERCIAL PAPERS On October 25, 2019, CUCL issued tranche one of 2019 super short term commercial papers in an amount of RMB5 billion, with a maturity period of 270 days from the date of issue and which carries interest at 2.24% per annum, and was fully repaid in July 2020. On November 15, 2019, CUCL issued tranche two of 2019 super short term commercial papers in an amount of RMB4 billion, with a maturity period of 270 days from the date of issue and which carries interest at 2.20% per annum, and was fully repaid in August 2020. On July 15, 2020, CUCL issued tranche one of 2020 super short term commercial papers in an amount of RMB2 billion, with a maturity period of 180 days from the date of issue and which carries interest at 1.89% per annum. On July 15, 2020, CUCL issued tranche two of 2020 super short term commercial papers in an amount of RMB3 billion, with a maturity period of 180 days from the date of issue and which carries interest at 1.89% per annum. On August 6, 2020, CUCL issued tranche three of 2020 super short term commercial papers in an amount of RMB1 billion, with a maturity period of 90 days from the date of issue and which carries interest at 1.57% per annum, and was fully repaid in November 2020. On November 5, 2020, CUCL issued tranche four of 2020 super short term commercial papers in an amount of RMB2 billion, with a maturity period of 90 days from the date of issue and which carries interest at 2.17% per annum. |
Accounts Payable and Accrued Li
Accounts Payable and Accrued Liabilities | 12 Months Ended |
Dec. 31, 2020 | |
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Accounts Payable and Accrued Liabilities | 41. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 2019 2020 Payables to contractors and equipment suppliers 63,390 73,046 Payables to telecommunications products suppliers 5,096 3,779 Customer/contractor deposits 5,771 5,723 Repair and maintenance expense payables 5,129 5,261 Salary and welfare payables 7,249 12,248 Interest payable 101 115 Amounts due to technical support services and other service providers/content providers 3,988 4,852 VAT received from customer in advance 3,052 2,746 Accrued expenses 16,486 17,186 Others 7,263 9,481 117,525 134,437 The aging analysis of accounts payables and accrued liabilities is based on the invoice date as follows: 2019 2020 Less than six months 101,324 116,553 Six months to one year 9,250 8,846 More than one year 6,951 9,038 117,525 134,437 |
Mutual Investment of The Compan
Mutual Investment of The Company and Telefonica In Each Other | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Mutual Investment of The Company and Telefonica In Each Other | 42. MUTUAL INVESTMENT OF THE COMPANY AND TELEFÓNICA IN EACH OTHER On September 6, 2009, the Company announced that in order to strengthen the cooperation between the Company and Telefónica, the parties entered into a strategic alliance agreement and a subscription agreement, pursuant to which each party conditionally agreed to invest an equivalent of USD1 billion in each other through an acquisition of each other’s shares. On January 23, 2011, the Company entered into an agreement to enhance the strategic alliance with Telefónica that: (a) Telefónica would purchase ordinary shares of the Company for a consideration of USD500 million through acquisition from third parties; and (b) the Company would acquire from Telefónica 21,827,499 ordinary shares of Telefónica held in treasury (“Telefónica Treasury Shares”) for an aggregate purchase price of Euro374,559,882.84. On January 25, 2011, the Company completed the purchase of Telefónica Treasury Shares in accordance with the strategic agreement. During 2011, Telefónica completed its investment of USD500 million in the Company. On May 14, 2012, Telefónica declared a dividend. The Company chose to implement it by means of a scrip dividend and received 1,646,269 ordinary shares of approximately RMB146 million. As of December 31, 2020, the related financial assets measured at FVOCI amounted to approximately RMB1,672 million (2019: approximately RMB3,125 million). For the year ended December 31, 2020, the decrease in fair value of the financial assets through other comprehensive income was approximately RMB1,453 million (2018: decrease of approximately RMB372 million; 2019: decrease of approximately RMB573 million), has been recorded in the consolidated statements of comprehensive income. |
Equity-Settled Share Option Sch
Equity-Settled Share Option Schemes | 12 Months Ended |
Dec. 31, 2020 | |
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Equity-Settled Share Option Schemes | 43. EQUITY-SETTLED SHARE OPTION SCHEMES On April 16, 2014, the Company adopted a new share option scheme (the “2014 Share Option Scheme”). The 2014 Share Option Scheme is valid and effective for a period of 10 years commencing on April 22, 2014 and will expire on April 22, 2024. Under the 2014 Share Option Scheme, the share options may be granted to employees including all directors; any grant of share options to a Connected Person (as defined in the Listing Rules) of the Company must be approved by the independent non-executive non-executive (i) The closing price of the shares on the SEHK on the offer date in respect of the share options; and (ii) The average closing price of the shares on the SEHK for the five trading days immediately preceding the offer date; The option period commences on any day after the date on which such share option is offered, but may not exceed 10 years from the offer date. No share options had been granted since adoption of the 2014 Share Option Scheme. No options outstanding as of December 31, 2019 and 2020. |
Restricted A-Share Incentive Sc
Restricted A-Share Incentive Scheme | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Restricted A-Share Incentive Scheme | 44. RESTRICTED A-SHARE Pursuant to the share incentive scheme (Phase I) of A Share Company (“the Restricted A-Share on March 21, 2018 and February 1, 2019 (“the Grant Dates”), respectively, with a subscription price of The Restricted Shares are subject to various lock-up “Lock-Up Lock-Up Lock-Up Subject to fulfilment of all service and performance conditions under the Restricted A-Share Lock-Up Pursuant to the Restricted A-Share Lock-Up During the year ended December 31, 2020, Restricted Shares of 18,110,200 were forfeited and repurchased (2018: Nil; 2019: Restricted Shares of 7,262,000). For the year ended December 31, 2020, the Group recognized share-based payment expenses and other reserve of RMB375 million during the year under the Restricted A-Share |
Material Related Party Transact
Material Related Party Transactions | 12 Months Ended |
Dec. 31, 2020 | |
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Material Related Party Transactions | 45. MATERIAL RELATED PARTY TRANSACTIONS Unicom Group is a state-owned enterprise directly controlled by the PRC government. The PRC government is the Company’s ultimate controlling party. Neither Unicom Group nor the PRC government publishes financial statements available for public use. The PRC government controls a significant portion of the productive assets and entities in the PRC. The Group provides telecommunications services as part of its retail transactions, thus, is likely to have extensive transactions with the employees of other state-controlled entities, including their key management personnel and their close family members. These transactions are carried out on commercial terms that are consistently applied to all customers. Management considers certain state-owned enterprises have material transactions with the Group in its ordinary course of business, which include but not limited to 1) rendering and receiving telecommunications services, including interconnection revenue/charges; 2) sharing certain telecommunications network infrastructure; 3) purchasing of goods, including use of public utilities; and 4) placing of bank deposits and borrowing money. The Group’s telecommunications network depends, in large part, on interconnection with the network and on transmission lines service provided by other domestic carriers. These transactions are mainly carried out on terms comparable to those conducted with third parties or standards promulgated by relevant government authorities and have been reflected in the financial statements. Amounts due from domestic carriers are all derived from contracts with customers. Management believes that meaningful information relating to related party transactions has been disclosed below. 45.1 Connected transactions with Unicom Group and its subsidiaries (a) Recurring transactions The following is a summary of significant recurring transactions carried out by the Group with Unicom Group and its subsidiaries. In the directors’ opinion, these transactions were carried out in the ordinary course of business. Note 2018 2019 2020 Transactions with Unicom Group and its subsidiaries: Charges for value-added telecommunications services (i), (ii) 43 69 188 Rental charges for short-term property leasing and related services charges (i), (iii) 1,033 989 999 Charges for short-term lease of telecommunications resources and related services (i), (iv) 277 290 283 Charges for engineering design and construction services (i), (v) 2,055 1,537 2,034 Charges for shared services (i), (vi) 77 77 77 Charges for materials procurement services (i), (vii) 34 20 47 Charges for ancillary telecommunications services (i), (viii) 2,905 2,417 2,735 Charges for comprehensive support services (i), (ix) 1,231 1,052 979 Income from comprehensive support services (i), (ix) 83 203 229 Lending by Finance Company to Unicom Group and its subsidiary (i), (xi) 13,558 11,434 16,500 Repayment of loans lending by Finance Company to Unicom Group (i), (xi) 6,354 11,134 13,704 Interest income from lending services (i), (xi) 150 370 387 (i) On November 25, 2016, CUCL entered into the agreement, “2017-2019 Comprehensive Services Agreement” with Unicom Group to renew certain continuing connected transactions. “2017-2019 Comprehensive Services Agreement” has a term of three years commencing on January 1, 2017 and expired on December 31, 2019. On October 21, 2019, CUCL and Unicom Group entered into the “2020-2022 Comprehensive Services Agreement”. The services are existing continuing connected transactions and their respective terms are substantially the same as those set out in the “2017-2019 Comprehensive Services Agreement”, and the service fees payable shall be calculated on the same basis as under previous agreement. (ii) UNISK (Beijing) Information Technology Corporation Limited (“UNISK”) agreed to provide the mobile subscribers of CUCL with various types of value-added services through its cellular communications network and data platform. The Group retains a portion of the revenue generated from the value-added services provided to the Group’s subscribers (and actually received by the Group) and allocates a portion of such fees to UNISK for settlement, on the condition that such proportion allocated to UNISK does not exceed the average proportion allocated to independent value-added telecommunications content providers who provide value-added telecommunications content to the Group in the same region. The percentage of revenue to be allocated to UNISK by the Group varies depending on the types of value-added service provided to the Group. (iii) CUCL and Unicom Group agreed to mutually lease properties and ancillary facilities from each other. Rentals are based on the lower of the market rates and the depreciation costs and taxes. (iv) Unicom Group agreed to lease to CUCL certain international telecommunications resources (including international telecommunications channel gateways, international telecommunications service gateways, international submarine cable capacity, international land cables and international satellite facilities) and certain other telecommunications facilities for its operations. The rental charges for the leasing of international telecommunications resources and other telecommunications facilities are based on the annual depreciation charges of such resources and facilities provided that such charges would not be higher than market rates. For maintenance service to the telecommunications facilities aforementioned, unless otherwise agreed by CUCL and Unicom Group, such maintenance service charges would be borne by CUCL and determined with reference to market rates or a cost-plus basis if there are no market rates. (v) Unicom Group agreed to provide engineering design, construction and supervision services and IT services to CUCL. The charges payable by CUCL for the above services are determined with reference to the market price and are settled when the relevant services are provided. (vi) Unicom Group and CUCL agreed to provide shared services to each other and would share the costs related to the shared services proportionately in accordance with their respective total assets value with certain adjustments. For the year ended December 31, 2020, the services charges paid by Unicom Group to CUCL was negligible. (vii) Unicom Group agreed to provide comprehensive procurement services for imported and domestic telecommunications materials and other domestic non-telecommunications (viii) Unicom Group agreed to provide ancillary telecommunications services to CUCL. These services include certain telecommunications pre-sale, on-sale (ix) Unicom Group and CUCL agreed to provide comprehensive support services to each other, including dining services, facilities leasing services (excluding those facilities mentioned in (iv) above), vehicle services, health and medical services, labor services, security services, hotel and conference services, gardening services, decoration and renovation services, sales services, construction agency, equipment maintenance services, market development, technical support services, research and development services, sanitary services, parking services, staff trainings, storage services, advertising services, marketing, property management services, information and communications technology services (including construction and installation services, system integration services, software development, product sales and agent services, operation and maintenance services, and consultation services). The charges are based on market rates, government guidance price or cost-plus basis and are settled as and when the relevant services are provided. (x) Unicom Group is the registered proprietor of the “Unicom” trademark in English and the trademark bearing the “Unicom” logo, which are registered at the PRC State Trademark Bureau. Pursuant to an exclusive PRC trademark license agreement between Unicom Group and the Group, the Group has been granted the right to use these trademarks on a royalty free and renewal basis. (xi) Finance Company has agreed to provide financial services to Unicom Group and its subsidiaries, including deposit services, lending and other credit services, and other financial services. For the lending services from Finance Company to Unicom Group and its subsidiaries, the interest rate will follow the interest rate standard promulgated by the PBOC, and will be no less than the minimum interest rate offered to other clients for the same type of loan, and the applicable interest rate offered to Unicom Group by the general commercial banks in PRC for the same type of loan. (b) Amounts due from and to Unicom Group and its subsidiaries Amount due from Unicom Group as of December 31, 2020 included loans from Finance Company to Unicom Group and its subsidiaries of RMB10,500 million in total with respective floating interest rate of Loan Prime Rate (“LPR”) published by the National Interbank Funding Center (NIFC) (2018: RMB7,404 million with floating interest rate at 90% to 110% of the Apart from the above and as disclosed in Note 45.3 below, amounts due from and to Unicom Group and its subsidiaries are unsecured, interest-free, repayable on demand/on contract terms and arise in the ordinary course of business in respect of transactions with Unicom Group and its subsidiaries as described in (a) above. 45.2 Related party transactions with Tower Company (a) Related Party transactions (i) Sale of Tower Assets to Tower Company On October 14, 2015, CUCL and Unicom Horizon Mobile Communications Company Limited (a wholly-owned subsidiary of CUCL and an indirectly wholly-owned subsidiary of the Company) entered into a transfer agreement (the “Transfer Agreement”), amongst China Mobile Communications Company Limited and its related subsidiaries (“China Mobile”), China Telecom, China Reform Holdings Corporation Limited (“CRHC”) and Tower Company. Pursuant to the Transfer Agreement, the Group, China Mobile and China Telecom sold certain of their telecommunications towers and related assets (the “Tower Assets”) to Tower Company in exchange for shares issued by Tower Company and cash consideration. In addition, CRHC made a cash subscription for shares of Tower Company. The Tower Assets Disposal was completed on October 31, 2015 (“Completion Date”). The final consideration amount for the Tower Assets Disposal attributed to the Group was determined as RMB54,658 million. Tower Company issued 33,335,836,822 shares (“Consideration Shares”) to CUCL at an issue price of RMB1.00 per share and the balance of the consideration of approximately RMB21,322 million payable in cash (“Cash Consideration”). The outstanding Cash Consideration and related VAT carries interest at 3.92% per annum. The first tranche Cash Consideration, remaining Cash Consideration and related VAT of RMB3,000 million, RMB18,322 million and RMB382 million payable by Tower Company were settled in February 2016, December 2017 and June 2019, respectively. (ii) Lease of the Tower Assets and other related services On July 8, 2016, CUCL and Tower Company entered into a framework agreement to confirm the pricing and related arrangements in relation to the usage of certain telecommunications towers and related assets (the “Agreement”). The Agreement finalized terms including assets categories, pricing basis for usage charges, and relevant service period etc. Provincial service agreements and detailed lease confirmation for specified towers have been signed subsequently. On January 31, 2018, after further arm-length co-tenancy co-sharing The Group has initially applied IFRS 16 as from January 1, 2019. Based on IFRS 16, the minimum amount of lease payments payable by the Group under the terms of the arrangement in connection with its use of telecommunications towers and related assets had resulted in recognition of a lease liability with the balance of RMB17,837 million (2019: RMB 22,076 million), and a right-of-use right-of-use The total amounts of lease payments and service charges incurred by the Group under the Agreement with Tower Company for the year ended December 31, 2020 were RMB19,023 million (2018: RMB15,982 million; 2019: RMB17,652 million). The related payable balance to Tower Company included in the balance of amounts due to related parties as of December 31, 2020 was RMB3,893 million (2019: RMB2,745 million). (iii) Income from engineering design and construction services The Group provide engineering design and construction services, including system integration and engineering design services to Tower Company. Income for the year ended December 31, 2020 was RMB295 million (2018: RMB235 million; 2019: RMB262 million). Except as mentioned in 45.2(a)(i), amounts due from and to Tower Company are unsecured, interest-free, repayable on demand/on contract terms and arise in the ordinary course of business in respect of transactions with Tower Company as described above. 45.3 Related party transactions with Unicom Group and its subsidiaries (a) Related party transactions Note 2018 2019 2020 Transactions with Unicom Group and its subsidiaries: Unsecured entrusted loan from A Share Company (i) 3,042 — — Repayment of unsecured entrusted loan to Unicom Group (ii) 1,344 — — Interest expenses on unsecured entrusted loan (i), (ii) 10 132 132 Loan from a related party (iii) 48 — — Repayment of loan from a related party (iii) 435 48 — Interests expenses on loan from a related party (iii) 12 — — Net deposits by Unicom Group and its subsidiaries with (iv) 2,336 258 233 Interest expenses on the deposits in Finance Company (iv) 93 64 74 (i) On December 26, 2018, the Group borrowed an unsecured entrusted loan from A Share Company of RMB3,042 million with a maturity period of 5 years and interest rate at 4.28% per annum. (ii) On February 27, 2017, the Group borrowed an unsecured entrusted loan from Unicom Group of RMB1,344 million with a maturity period of 1 year and interest rate at 3.92% per annum, which was fully repaid in February 2018. (iii) On December 21, 2017, the Group borrowed a loan from Unicom Group BVI of RMB435 million with a maturity period of 1 year and floating interest rate at 1 year HIBOR plus 1.2%, which was fully repaid in December 2018. On December 28, 2018, the Group borrowed a loan from Unicom Group BVI of RMB48 million with a maturity period of 1 year, of which RMB46 million with a maturity period of 1 year and interest rate at 4.77% per annum and HKD2 million with a maturity period of 1 year and floating interest rate at 1 year HIBOR plus 1.11%, and the loan was fully repaid in January 2019. (iv) Finance Company has agreed to provide financial services to Unicom Group and its subsidiaries. For the deposit services, the interest rate for deposits placed by Unicom Group and its subsidiaries will be no more than the maximum interest rate promulgated by the PBOC for the same type of deposit, the interest rate for the same type of deposit offered to other clients and the applicable interest rate offered by the general commercial banks in PRC for the same type of deposit. (b) Amounts due to Unicom Group and its subsidiaries Amount due to Unicom Group and its subsidiaries as of December 31, 2020 included a balance of deposits received by Finance Company from Unicom Group and its subsidiaries of RMB5,112 million with interest rates ranging from 0.42% to 2.75% per annum for saving and deposits of different terms (2019: RMB4,879 million with interest rates ranging from 0.42% to 2.75% per annum). Amount due to Unicom Group and its subsidiaries as of December 31, 2019 and 2020 also included a balance of unsecured entrusted loan from A Share Company of approximately RMB3,042 million with a maturity period of 5 years and interest rate at 4.28% per annum. |
Contingencies and Commitments
Contingencies and Commitments | 12 Months Ended |
Dec. 31, 2020 | |
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Contingencies and Commitments | 46. CONTINGENCIES AND COMMITMENTS 46.1 Capital commitments As of December 31, 2019 and 2020, the Group had capital commitments, mainly in relation to the construction of telecommunications network, as follows: 2019 2020 Land and Equipment Total Land and Equipment Total Authorized and contracted for 3,014 20,860 23,874 2,582 23,500 26,082 Authorized but not contracted for 7,905 39,740 47,645 8,314 39,487 47,801 10,919 60,600 71,519 10,896 62,987 73,883 46.2 Contingent liabilities As of December 31, 2020, the Group had no material contingent liabilities and no material financial guarantees issued. |
Non-Adjusting Events After The
Non-Adjusting Events After The Reporting Period | 12 Months Ended |
Dec. 31, 2020 | |
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Non-Adjusting Events After The Reporting Period | 47. NON-ADJUSTING EVENTS AFTER THE REPORTING PERIOD Proposed dividend After the statements of financial position date, the Board of Directors proposed a final dividend for 2020. For details, please refer to Note 32. |
China Unicom (Hong Kong) Limite
China Unicom (Hong Kong) Limited (Parent Company) | 12 Months Ended |
Dec. 31, 2020 | |
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China Unicom (Hong Kong) Limited (Parent Company) | 48. CHINA UNICOM (HONG KONG) LIMITED (PARENT COMPANY) Relevant PRC statutory laws and regulation permit payments of dividends by the Company’s subsidiaries in the PRC only out of their retained earnings, if any, as determined in accordance with the PRC accounting standards and regulations. As of December 31, 2019 and 2020, RMB30,185 million and RMB31,431 million (US$4,817 million) were appropriated from retained earnings and set aside for the statutory reserve by the Company’s PRC subsidiaries, respectively. As a result of these PRC laws and regulations, the Company’s subsidiaries in the PRC are restricted in its ability to transfer a portion of its net assets to either in the form of dividends, loans or advances, which consisted of registered capital and statutory reserves that amounted to RMB258,741 million and RMB263,891 million (US$40,443 million) as of December 31, 2019 and 2020, respectively. Condensed Statements of Financial Position As of December 31 2019 2020 2020 RMB RMB US$ (Unaudited) ASSETS Non-current Property, plant and equipment 3 3 1 Investments in subsidiaries 237,426 237,426 36,387 Loan to a subsidiary 12,241 5,300 812 Right-of-use 31 10 2 Financial assets measured at fair value 3,125 1,672 256 252,826 244,411 37,458 Current assets Current portion of loan to a subsidiary — 6,492 995 Amounts due from subsidiaries 230 215 33 Dividend receivable 15,804 15,617 2,393 Prepayments and other current assets 22 171 26 Cash and cash equivalents 796 989 152 16,852 23,484 3,599 Total assets 269,678 267,895 41,057 EQUITY Equity attributable to equity shareholders of the Company Share capital 254,056 254,056 38,936 Reserves (7,461 ) (8,914 ) (1,366 ) Retained profits - Proposed final dividend 4,529 5,018 769 - Others 17,492 17,575 2,693 Total equity 268,616 267,735 41,032 LIABILITIES Non-current Lease liabilities 10 — — 10 — — Current liabilities Lease liabilities 21 10 2 Accounts payable and accrued liabilities 90 89 14 Loan from a subsidiary — 60 9 Amount due to a subsidiary — 1 — Taxes payable 21 — — Dividend payable 920 — — 1,052 160 25 Total liabilities 1,062 160 25 Total equity and liabilities 269,678 267,895 41,057 Net current assets 15,800 23,324 3,574 Total assets less current liabilities 268,626 267,735 41,032 Condensed Statements of Comprehensive Income Year ended December 31 2018 2019 2020 2020 RMB RMB RMB US$ (Unaudited) Dividend income 3,296 14,697 5,201 797 General and administrative expenses (61 ) (49 ) (62 ) (10 ) Interest income 535 407 402 62 Finance costs 80 100 (481 ) (74 ) Other income-net 1 8 1 1 Income before income tax 3,851 15,163 5,061 776 Income tax expenses (20 ) (57 ) 40 6 Net income 3,831 15,106 5,101 782 Other comprehensive income: Change in fair value of financial assets through other comprehensive income-net (372 ) (573 ) (1,453 ) (223 ) Total comprehensive income for the year 3,459 14,533 3,648 559 Condensed Statements of Cash Flows Year ended December 31 2018 2019 2020 2020 RMB RMB RMB US$ (Unaudited) Net cash outflow from operating activities (62 ) (106 ) (174 ) (27 ) Net cash inflow from investing activities 3,987 76 851 131 Net cash outflow from financing activities (4,206 ) (132 ) (430 ) (66 ) - Dividend paid to equity shareholders of the Company (1,591 ) (793 ) (883 ) (135 ) Net (decrease)/increase in cash and cash equivalents (281 ) (162 ) 247 38 Cash and cash equivalents at beginning of year 1,229 969 796 122 Effect of changes in foreign exchange rate 21 (11 ) (54 ) (8 ) Cash and cash equivalents at end of year 969 796 989 152 |
Approval of Financial Statement
Approval of Financial Statements | 12 Months Ended |
Dec. 31, 2020 | |
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Approval of Financial Statements | 49. APPROVAL OF FINANCIAL STATEMENTS The financial statements were approved by the Board of Directors on April 21, 2021. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2020 | |
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Statement of Compliance | 2.1 Statement of compliance The financial statements have been prepared in accordance with all applicable International Financial Reporting Standards (“IFRSs”) issued by the International Accounting Standards Board (“IASB”), which collective term includes all applicable individual International Financial Reporting Standards, International Accounting Standards (“IASs”) and Interpretations issued by the IASB. These consolidated financial statements have been authorized for issue by the Company’s board of directors on April 21, 2021. |
Basis of preparation | 2.2 Basis of preparation The consolidated financial statements have been prepared under the historical cost convention, except for financial assets measured at fair value. (a) Going Concern Assumption As of December 31, 2020, current liabilities of the Group exceeded current assets by approximately RMB113.4 billion (2019: approximately RMB121.6 billion). Considering the current economic conditions and taking into account of the Group’s expected capital expenditure in the foreseeable future, management has comprehensively considered the Group’s available sources of funds as follows: • The Group’s continuous net cash inflows from operating activities; • Approximately RMB352.4 billion of revolving banking facilities and registered quota of corporate bonds, of which approximately RMB348.4 billion was unutilized as of December 31, 2020; and • Other available sources of financing from domestic banks and other financial institutions in view of the Group’s good credit history. In addition, the Group believes it has the ability to raise funds from short, medium and long-term perspectives and maintain reasonable financing costs through appropriate financing portfolio. Based on the above considerations, the Board of Directors is of the opinion that the Group has sufficient funds to meet its working capital commitments, expected capital expenditure and debt obligations. As a result, the consolidated financial statements of the Group have been prepared on a going concern basis. (b) Critical Accounting Estimates and Judgments The preparation of the consolidated financial statements in conformity with IFRSs requires management to make judgments, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimate s The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. Judgments made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 4. (c) New Accounting Standards and Amendments effective from January 1, 2018 The Group has early adopted IFRS 9 (2010) “Financial Instruments” (“IFRS 9 (2010)”) in 2011. In 2018, the Group has been impacted by IFRS 9 (2014), “Financial Instruments” (“IFRS 9 (2014)”) in relation to measurement of credit losses, and impacted by IFRS 15, “Revenue from Contracts with Customers” (“IFRS 15”) in relation to capitalization of contract costs and presentation of contract assets and contract liabilities. Details of the changes in accounting policies are discussed in Note 2.2(c)(ii) for IFRS 9 (2014) and Note 2.2(c)(iii) for IFRS 15. (i) Overview Under the transition method chosen, the Group recognizes cumulative effect of the initial application of IFRS 9 (2014) and IFRS 15 as an adjustment to the opening balance of equity at January 1, 2018. Comparative information is not restated. The following table gives a summary of the opening balance adjustments recognized for each line item in the consolidated statements of financial position that has been impacted by IFRS 9 (2014) and IFRS 15: At Impact on (Note 2.2 Impact on (Note 2.2 At ASSETS Deferred income tax assets 5,973 265 (584 ) 5,654 Contract assets — — 753 753 Other assets 20,721 — (5,275 ) 15,446 Contract costs — — 6,856 6,856 Total non-current 495,261 265 1,750 497,276 Accounts receivable 13,964 (1,118 ) — 12,846 Prepayments and other current assets 13,801 — (2,221 ) 11,580 Contract assets — — 2,221 2,221 Total current assets 76,722 (1,118 ) — 75,604 Total assets 571,983 (853 ) 1,750 572,880 EQUITY Reserves (20,912 ) (85 ) 175 (20,822 ) Retained profits - Proposed final dividend 1,591 — — 1,591 - Others 69,315 (768 ) 1,575 70,122 Total equity 304,347 (853 ) 1,750 305,244 CURRENT LIABILITIES Accounts payable and accrued liabilities 125,260 — 3,671 128,931 Current portion of deferred revenue 350 — (311 ) 39 Advances from customers 49,283 — (49,000 ) 283 Contract liabilities — — 45,640 45,640 NON-CURRENT Deferred revenue 3,020 — (782 ) 2,238 Contract liabilities — — 782 782 Total equity and liabilities 571,983 (853 ) 1,750 572,880 Net current liabilities (165,900 ) (1,118 ) — (167,018 ) Total assets less current liabilities 329,361 (853 ) 1,750 330,258 Further details of these changes are set out in sub-sections (ii) IFRS 9 (2014), “Financial instruments”, including the amendments to IFRS 9, “Prepayment features with negative compensation” The Group has early adopted IFRS 9 (2010) in 2011 and has applied IFRS 9 (2014) on January 1, 2018. Compared with IFRS 9 (2010), IFRS 9 (2014) includes the new expected credit losses model for impairment of financial assets, the new general hedge accounting requirements and limited amendments to the classification and measurement of financial assets. The Group has applied IFRS 9 (2014) retrospectively to items that existed at January 1, 2018 in accordance with the transition requirements. The Group has recognized the cumulative effect of initial application as an adjustment to the opening equity at January 1, 2018. Therefore, comparative information continues to be reported under IFRS 9 (2010). The following table summarizes the impact of transition to IFRS 9 (2014) on retained profits and reserves and the related tax impact at January 1, 2018. Reserves and Retained profits Recognition of additional expected credit losses on: - financial assets measured at amortized cost (1,118 ) Related tax 265 Net decrease in retained profits and reserves at January 1, 2018 (853 ) Further details of the nature and effect of the changes to previous accounting policies and the transition approach are set out below: i. Credit losses IFRS 9 (2014) replaces the “incurred loss” model in IFRS 9 (2010) with an “expected credit loss” (“ECL”) model. The ECL model requires an ongoing measurement of credit risk associated with a financial asset and therefore recognizes ECLs earlier than under the “incurred loss” accounting model in IFRS 9 (2010). The Group applies the new ECL model to the following items: • financial assets measured at amortized cost (including cash and cash equivalents, short-term bank deposits and restricted deposits, accounts receivable, prepayments and other current assets, amounts due from ultimate holding company, amounts due from related parties, amounts due from domestic carriers and certain other assets); and • contract assets as defined in IFRS 15 (see Note 2.2(c)(iii)). For further details on the Group’s accounting policy for accounting for credit losses, see Note 2.14. Opening balance adjustment As a result of this change in accounting policy, the Group has recognized additional ECLs amounting to RMB1,118 million, which decreased statutory reserve and retained profits by RMB853 million and increased gross deferred tax assets by RMB265 million at January 1, 2018. The following table reconciles the closing loss allowance determined in accordance with IFRS 9 (2010) as of December 31, 2017 with the opening loss allowance determined in accordance with IFRS 9 (2014) as of January 1, 2018. Loss allowance at December 31, 2017 under IFRS 9 (2010) 6,657 Additional credit loss recognized at January 1, 2018 on: - Accounts receivable 1,118 Loss allowance at January 1, 2018 under IFRS 9 (2014) 7,775 ii. Transition Changes in accounting policies resulting from the adoption of IFRS 9 (2014) have been applied retrospectively, except as described below: • Information relating to comparative periods has not been restated. Differences in the carrying amounts of financial assets resulting from the adoption of IFRS 9 (2014) are recognized in retained profits and reserves as of January 1, 2018. Accordingly, the information presented for 2017 continues to be reported under IFRS 9 (2010) and thus may not be comparable with the information presented for 2018. • If, at the date of initial application, the assessment of whether there has been a significant increase in credit risk since initial recognition would have involved undue cost or effort, a lifetime ECL has been recognized for that financial instrument. (iii) IFRS 15, “Revenue from Contracts with Customers” IFRS 15 establishes a comprehensive framework for recognizing revenue and some costs from contracts with customers. IFRS 15 replaces IAS 18, “Revenue”, which covered revenue arising from sale of goods and rendering of services, and IAS 11, “Construction contracts”, which specified the accounting for construction contract s IFRS 15 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Group has elected to use the cumulative effect transition method and has recognized the cumulative effect of initial application as an adjustment to the opening balance of equity at January 1, 2018. Therefore, comparative information has not been restated and continues to be reported under IAS 11 and IAS 18. As allowed by IFRS 15, the Group has applied the new requirements only to contracts that were not completed before January 1, 2018. The Group’s previous revenue recognition accounting policies of bundled sales transactions were generally consistent with the requirements of IFRS 15 in material respects. Further details of the nature and effect of the changes on previous accounting policies are set out below: Sales commission The Group l The following table summarizes the impact of transition to IFRS 15 on retained profits and reserves and the related tax impact at January 1 , 2018 : Reserves and Retained profits Capitalization of sales commissions 2,334 Related tax (584 ) Net increase in retained profits and reserves at January 1, 2018 1,750 (d) New Accounting Standards and Amendments effective from January 1, 2019 (i) IFRS 16, “Leases” IFRS 16 replaces IAS 17, “Leases” (“IAS 17”), and the related interpretations, IFRIC 4, “Determining whether an arrangement contains a lease”, SIC 15, “Operating leases-incentives” and SIC 27, “Evaluating the substance of transactions involving the legal form of a lease”. It introduces a single accounting model for lessees, which requires a lessee to recognize a right-of-use IFRS 16 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the consolidated financial statements to assess the effect that leases have on the financial position, financial performance and cash flows of an entity. The Group has initially applied IFRS 16 as from January 1, 2019. The Group has elected to use the modified retrospective approach and measure the carrying amount of right-of-use Further details of the nature and effect of the changes to previous accounting policies and the transition options applied are set out below: i. New definition of a lease The change in the definition of a lease mainly relates to the concept of control. IFRS 16 defines a lease on the basis of whether a customer controls the use of an identified asset for a period of time, which may be determined by a defined amount of use. Control is conveyed where the customer has both the right to direct the use of the identified asset and to obtain substantially all of the economic benefits from that us e The Group applies the new definition of a lease in IFRS 16 only to contracts that were entered into or changed on or after January 1, 2019. For contracts entered into before January 1, 2019, the Group has used the transitional practical expedient to grandfather the previous assessment of which existing arrangements are or contain leases. Accordingly, contracts that were previously assessed as leases under IAS 17 continue to be accounted for as leases under IFRS 16 and contracts previously assessed as non-lease ii. Lessee accounting and transitional impact IFRS 16 eliminates the requirement for a lessee to classify leases as either operating leases or finance leases, as was previously required by IAS 17. Instead, the Group is required to capitalize all leases when it is the lessee, including leases previously classified as operating leases under IAS 17, other than those short-term leases and leases of low-value At the date of transition to IFRS 16 (i.e. January 1, 2019), the Group determined the length of the remaining lease terms and measured the lease liabilities for the leases previously classified as operating leases at the present value of the remaining lease payments, discounted using the relevant incremental borrowing rates at January 1, 2019. The weighted average of the incremental borrowing rates used for determination of the present value of the remaining lease payments was 3.7%. To ease the transition to IFRS 16, the Group applied the following recognition exemption and practical expedients at the date of initial application of IFRS 16: a. the Group elected not to apply the requirements of IFRS 16 in respect of the recognition of lease liabilities and right-of-use b. when measuring the lease liabilities at the date of initial application of IFRS 16, the Group applied a single discount rate to a portfolio of leases with reasonably similar characteristics (such as leases with a similar remaining lease term for a similar class of underlying asset in a similar economic environment). The following table reconciles the operating lease commitments as of December 31, 2018 to the opening balance for lease liabilities recognized as of January 1, 2019: January 1, 2019 Operating lease and other commitments at December 31, 2018 54,751 Less: commitments relating to non-lease December 31, 2018 (14,345 ) Operating lease commitments at December 31, 2018 40,406 Less: commitments relating to leases exempt from capitalization: - short-term leases and other leases with remaining lease term ending on or before December 31, 2019 (721 ) - leases of low-value (36 ) Less: total future interest expenses (3,169 ) Present value of remaining lease payments, discounted using the incremental borrowing rate at January 1, 2019 36,480 Add: finance lease liabilities recognized as of December 31, 2018 240 Total lease liabilities recognized at January 1, 2019 36,720 The right-of-use So far as the impact of the adoption of IFRS 16 on leases previously classified as finance leases is concerned, the Group is not required to make any adjustments at the date of initial application of IFRS 16, other than changing the captions for the balances. Accordingly, instead of “Obligations under finance leases”, these amounts are included within “Lease liabilities”, and the depreciated carrying amount of the corresponding leased asset is identified as a right-of-use The following table summarizes the impacts of the adoption of IFRS 16 on the Group’s consolidated statements of financial position: Note Carrying amount at December 31, Capitalization of contracts Carrying amount at January 1, Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: ASSETS Property, plant and equipment 15 384,475 (343 ) 384,132 Lease prepayments 9,290 (9,290 ) — Right-of-use 16 — 47,359 47,359 Interest in associates 19 35,758 (264 ) 35,494 Deferred income tax assets 13 3,401 271 3,672 Other assets 25 14,645 (1,801 ) 12,844 Total non-current 464,411 35,932 500,343 Prepayments and other current assets 28 11,106 (526 ) 10,580 Total current assets 75,909 (526 ) 75,383 Total assets 540,320 35,406 575,726 EQUITY Reserves (20,154 ) (107 ) (20,261 ) Retained profits - Proposed 2018 final dividend 4,100 — 4,100 - Others 75,920 (967 ) 74,953 Total equity 314,286 (1,074 ) 313,212 Note Carrying amount at December 31, Capitalization of operating lease contracts Carrying amount at January 1, 2019 Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: Lease liabilities (non-current 36 — 27,576 27,576 Other obligations 38 190 (6 ) 184 Total non-current 11,124 27,570 38,694 Lease liabilities (current portion) 36 — 9,144 9,144 Current portion of other obligations 38 2,844 (234 ) 2,610 Current liabilities 214,910 8,910 223,820 Net current liabilities (139,001 ) (9,436 ) (148,437 ) Total assets less current liabilities 325,410 26,496 351,906 iii. Impact on the financial results and cash flows of the Group After the initial recognition of right-of-use right-of-use In the statements of cash flows, the Group as a lessee is required to split rentals paid under capitalized leases into their capital element and interest element (see Note 29(c)). Capital element of lease rentals paid are classified as financing cash outflows, similar to how leases previously classified as finance leases under IAS 17 were treated, rather than as operating cash outflows, as was the case for operating leases under IAS 17. Similar to other interest payments of the Group, interest element of lease rentals paid are classified as operating activities in the consolidated cash flow statements. Although total cash flows are unaffected, the adoption of IFRS 16 therefore results in a significant change in presentation of cash flows within the consolidated statements of cash flows (see Note 29(c)). The following tables give an indication of the estimated impact of adoption of IFRS 16 on the Group’s financial result s Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Add back: IFRS 16 depreciation and interest expense (B) Deduct: Estimated amounts related to operating lease as if under IAS 17 (Note a (C) Hypothetical amounts for 2019 as if under IAS 17 (D=A+B+C) Compared to amounts reported for 2018 under IAS 17 Financial results for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Depreciation and amortization (83,080 ) 10,579 — (72,501 ) (75,777 ) Network, operation and support expenses (43,236 ) — (11,345 ) (54,581 ) (55,077 ) Other operating expenses (64,480 ) — (192 ) (64,672 ) (62,561 ) Finance costs (2,123 ) 1,349 — (774 ) (1,625 ) Share of net profit of associates 1,359 37 — 1,396 2,477 Income before income tax 14,167 11,965 (11,537 ) 14,595 13,081 Net income for the year 11,372 11,965 (11,537 ) 11,800 10,257 Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Estimated amounts related to operating leases as if under IAS 17 (Notes a & b Hypothetical amounts for 2019 as if under IAS 17 (C=A+B) Compared to amounts reported for 2018 under IAS 17 Line items in the consolidated statements of cash flows for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Cash generated from operations 94,952 (10,883 ) 84,069 93,882 Net cash inflow from operating activities 93,678 (10,883 ) 82,795 92,387 Capital element of lease rentals paid (11,123 ) 10,883 (240 ) — Net cash outflow from financing activities (29,765 ) 10,883 (18,882 ) (34,058 ) a. The “estimated amounts related to operating leases” is an estimate of the amount that relate to leases which would have been classified as operating leases, if IAS 17 had still applied in 2019. This estimate assumes that all of the new leases entered into in 2019 would have been classified as operating leases under IAS 17, if IAS 17 had still applied in 2019. Any potential net tax effect is ignored. b. In this impact table, these cash outflows are reclassified from financing to operating in order to compute hypothetical amounts of net cash inflow from operating activities and net cash outflow from financing activities as if IAS 17 still applied. iv. Lessor accounting The Group mainly leases out a number of items of properties as the lessor of operating leases. The accounting policies applicable to the Group as a lessor remain substantially unchanged from those under IAS 17. Under IFRS 16, when the Group acts as an intermediate lessor in a sublease arrangement, the Group is required to classify the sublease as a finance lease or an operating lease by reference to the right-of-use (e) New Accounting Standards and Amendments effective from January 1, 2020 The IASB issued a number of amendments to IFRSs and IASs that are first effective for the current accounting period of the Group. Of these, the following amendments are relevant to the Group’s consolidated financial statements: • Amendments to IFRS 3, “Definition of a business” • Amendments to IFRS 9, IAS 39 and IFRS 7, “Interest Rate Benchmark Reform” • Amendments to IAS 1 and IAS 8, “Definition of Material” • Amendments to IFRS 16, “Covid-19-Related None of the amendments have had a material effect on how the Group’s results and financial position for the current or prior periods have been prepared or presented in this consolidated financial statements. The Group has not applied any new standard or interpretation that is not yet effective for the current accounting period. In particular, the Group does not take advantage of the practice expedient available under the amendments to IFRS 16, “Covid-19-related (f) Possible impact of amendments, new standards and interpretations issued but not yet effective for the year ended December 31, 2020. The IASB has issued a number of amendments to IFRSs and IAS which are not yet effective for the year ended December 31, 2020 and which have not been adopted in these consolidated financial statements. Of these, the following developments are relevant to the Group’s consolidated financial statements: Effective for Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, “Interest Rate Benchmark Reform – Phase 2” January 1, 2021 Amendments to IFRS 3, “Reference to the Conceptual Framework” January 1, 2022 Amendments to IAS 16, “Property, Plant and Equipment: Proceeds before Intended Use” January 1, 2022 Amendments to IAS 37, “Onerous Contracts-Cost of Fulfilling a Contract” January 1, 2022 Annual Improvements to IFRS Standards 2018-2020 January 1, 2022 Amendments to IAS 1, “Classification of Liabilities as Current or Non-current” January 1, 2023 The Group is assessing the impact of such amendments to standards and interpretations, and will adopt the relevant amendments to standards and interpretations in the subsequent period as required. So far it has concluded that the adoption of them is unlikely to have a significant impact on the consolidated financial statements. |
Subsidiaries and non-controlling interests | 2.3 Subsidiaries and non-controlling Subsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed, or has rights to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. When assessing whether the Group has power, only substantive rights (held by the Group and other parties) are considered. An investment in a subsidiary is consolidated into the consolidated financial statements from the date that control commences until the date that control ceases. Intra-group balances, transactions and cash flows and any unrealized profits arising from intra-group transactions are eliminated in full in preparing the consolidated financial statements. Unrealized losses resulting from intra-group transactions are eliminated in the same way as unrealized gains but only to the extent that there is no evidence of impairment. The Group adopted the purchase method of accounting to account for business combination of entities and businesses under common control before 2005. Under the purchase method of accounting in force at the date of the acquisition, the cost of an acquisition was measured at the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the acquisition. Identifiable assets acquired and liabilities and contingent liabilities assumed were measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling Business combination of entity and business under common control of the Group after 2005 was accounted for using merger accounting. Upon the first adoption of IFRSs by the Group in 2008, the Group adopted the accounting policy to account for business combinations of entities and businesses under common control using the predecessor values method. Non-controlling non-controlling non-controlling Non-controlling Non-controlling non-controlling non-controlling Changes in the Group’s interests in a subsidiary that do not result in a loss of control are accounted for as equity transactions, whereby adjustments are made to the amounts of controlling and non-controlling When the Group loses control of a subsidiary, it is accounted for as a disposal of the entire interest in that subsidiary, with a resulting gain or loss being recognized in profit or loss. Any interest retained in that former subsidiary at the date when control is lost is recognized at fair value and this amount is regarded as the fair value on initial recognition of a financial asset (see Note 2.12) or, when appropriate, the cost on initial recognition of an investment in an associate or joint venture (see Note 2.4). In the Company’s statements of financial position, an investment in a subsidiary is stated at cost less impairment losses (see Note 2.13), unless the investment is classified as held for sale (or included in a disposal group that is classified as held for sale). |
Associates, joint ventures and joint arrangement | 2.4 Associates, joint ventures and joint arrangement An associate is an entity in which the Group has significant influence, but not control or joint control, over its management, including participation in the financial and operating policy decisions. A joint venture is an arrangement whereby the Group and other parties contractually agree to share control of the arrangement, and have rights to the net assets of the arrangement. An investment in an associate or a joint venture is accounted for in the consolidated financial statements under the equity method, unless it is classified as held for sale (or included in a disposal group that is classified as held for sale). Under the equity method, the investment is initially recorded at cost, adjusted for any excess of the Group’s share of the acquisition-date fair values of the investee’s identifiable net assets over the cost of the investment (if any). The cost of the investment includes purchase price, other costs directly attributable to the acquisition of the investment, and any direct investment into the associate or joint venture that forms part of the Group’s equity investment. Thereafter, the investment is adjusted for the post acquisition change in the Group’s share of the investee’s net assets and any impairment loss relating to the investment. The Group’s share of the post-acquisition, post-tax post-tax When the Group’s share of losses exceeds its interest in the associate or the joint venture, the Group’s interest is reduced to nil and recognition of further losses is discontinued except to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the investee. For this purpose, the Group’s interest is the carrying amount of the investment under the equity method together with the Group’s long-term interests that in substance form part of the Group’s net investment in the associate or the joint venture (after applying the ECL model to such other long-term interests where applicable). Unrealized profits and losses resulting from transactions between the Group and its associates and joint venture are eliminated to the extent of the Group’s interest in the investee, except where unrealized losses provide evidence of an impairment of the asset transferred, in which case they are recognized immediately in profit or loss. If an investment in an associate becomes an investment in a joint venture or vice versa, retained interest is not remeasured. Instead, the investment continues to be accounted for under the equity method. In all other cases, when the Group ceases to have significant influence over an associate or joint control over a joint venture, it is accounted for as a disposal of the entire interest in that investee, with a resulting gain or loss being recognized in profit or loss. Any interest retained in that former investee at the date when significant influence or joint control is lost is recognized at fair value and this amount is regarded as the fair value on initial recognition of a financial asset. A joint arrangement is an arrangement of which two or more parties have joint control. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. To better share the risks and rewards associated with the construction, operation and maintenance of the 5G network infrastructure, the Group entered into a framework agreement with China Telecom Corporation Limited (“China Telecom”) to build, maintain and share one nationwide 5G access network infrastructure (the “Cooperation Agreement”). In accordance with the Cooperation Agreement, each of the Group and China Telecom is responsible for the construction and maintenance of 5G network infrastructure in their respective designated regions, and bear the associated construction, maintenance and operating costs. Both parties have established a joint operation mechanism and key decisions including overall network planning, construction project commencement and completion acceptance and a unified standard on construction and maintenance services across all regions are subject to mutual agreement by both parties. The Group has accounted for the arrangement as a joint operation that is not structured through a separate vehicle, and has recognized its share of assets, liabilities, revenues and expenses in accordance with the terms of the arrangement. |
Segment reporting | 2.5 Segment reporting Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision-Maker (“CODM”). The CODM, who is responsible for allocating resources and assessing performance of the operating segments regularly, has been identified as the Executive Directors of the Company that makes strategic decisions. |
Foreign currency translation | 2.6 Foreign currency translation (a) Functional and presentation currency Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which the entities operate (“the functional currency”). The consolidated financial statements are presented in RMB, which is the Company’s functional and presentation currency. For the convenience of the reader, the translation of RMB into United States dollars (“US$”) has been made at the rate of RMB6.5250 to US$1.00, representing the rate as certified by the H.10 weekly statistical release of Federal Reserve Board on December 31, 2020. No representation is made that RMB amounts could have been, or could be, converted into US$ at that rate or at any other certain rate on December 31, 2020 or at any other date. The US$ convenience translation is not required under IFRS and all US$ convenience translation amounts in the accompanying consolidated financial statements are unaudited. (b) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuation where items are re-measured. year-end (c) Group companies The results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: • Assets and liabilities for each statement of financial position presented are translated at the closing rate at the statements of financial position date; • Income and expenses for each statement of income are translated at average exchange rates (unless this average is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions); and • All resulting exchange differences are recognized in other comprehensive income and as a separate component of equity into other reserve. On consolidation, exchange differences arising from the translation of the net investment in foreign operations, and of borrowings and other currency instruments designated as hedges of such investments, are taken to shareholders’ equity. When a foreign operation is sold, such exchange differences are recognized in the statements of income as part of the gain or loss on disposa l |
Property, plant and equipment | 2.7 Property, plant and equipment (a) Construction-in-progress Construction-in-progress (b) Property, plant and equipment Property, plant and equipment held by the Group are stated at cost less accumulated depreciation and accumulated impairment losses, and are depreciated over their expected useful lives. Property, plant and equipment comprise buildings, telecommunications equipment, leasehold improvements, office furniture, fixtures, motor vehicles and other equipment. The cost of an asset, except for those acquired in exchange for a non-monetary If an item of property, plant and equipment is acquired in exchange for another item of property, plant and equipment, the cost of such an item of property, plant and equipment is measured at fair value unless (i) the exchange transactions lacks commercial substance or (ii) the fair value of neither the asset received nor the asset given up is reliably measurable. If the acquired item is not measured at fair value, its cost is measured at the carrying amount of the asset given up. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset, as appropriate, only when it is probable at the time the costs are incurred that future economic benefits associated with the item will flow to the Group, and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. All other repairs and maintenance are charged to the statements of income during the financial period in which they are incurred. (c) Depreciation Depreciation on property, plant and equipment is calculated using the straight-line method to allocate their costs less their residual values over their estimated useful lives, as follows: Depreciable life Residual rate Buildings 10 - 30 years 3-5 % Telecommunications equipment 5 - 10 years 3-5 % Office furniture, fixtures, motor vehicles and other equipment 5 - 10 years 3-5 % Leasehold improvements are depreciated over the shorter of their estimated useful lives and the lease periods. The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each statement of financial position date. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount (Note 2.13). (d) Gain or loss on disposal of property, plant or equipment Gains or losses on disposal of property, plant or equipment are determined by comparing the net sales proceeds with the carrying amounts, and are recognized in the statements of income. |
Goodwill | 2.8 Goodwill Goodwill represents the excess of the cost of an acquisition over the fair value of the Group’s share of the net identifiable assets of the acquired subsidiaries at the date of acquisition. Goodwill is tested at least annually for impairment and carried at cost less accumulated impairment losses. Impairment losses on goodwill are not reversed. Gain or loss on the disposal of an entity includes the carrying amount of goodwill relating to the entity sold. Goodwill is allocated to cash-generating units for the purpose of impairment testing. The allocation is made to those cash-generating units or groups of cash-generating units that are expected to benefit from the synergies of business combination in which the goodwill arose. |
Contract costs | 2.9 Contract costs Contract costs are either the incremental costs of obtaining a contract with a customer or the costs to fulfill a contract with a customer which are not capitalized as inventory (see Note 2.15), property, plant and equipment (see Note 2.7) or intangible assets. Incremental costs of obtaining a contract are those costs that the Group incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained e.g. an incremental sales commission. Incremental costs of obtaining a contract are capitalized when incurred if the costs are expected to be recovered, unless the expected amortization period is one year or less from the date of initial recognition of the asset, in which case the costs are expensed when incurred. Other costs of obtaining a contract are expensed when incurred. Costs to fulfill a contract are capitalized if the costs relate directly to an existing contract or to a specifically identifiable anticipated contract; generate or enhance resources that will be used to provide goods or services in the future; and are expected to be recovered. Costs that relate directly to an existing contract or to a specifically identifiable anticipated contract may include direct labor, direct materials, allocations of costs, costs that are explicitly chargeable to the customer and other costs that are incurred only because the Group entered into the contract. Other costs of fulfilling a contract, which are not capitalized as inventory, property, plant and equipment or intangible assets, are expensed as incurred. Capitalized contract costs are stated at cost less accumulated amortization and impairment losses. Impairment losses are recognized to the extent that the carrying amount of the contract cost asset exceeds the net of (i) remaining amount of consideration that the Group expects to receive in exchange for the goods or services to which the asset relates, less (ii) any costs that relate directly to providing those goods or services that have not yet been recognized as expenses. Amortization of capitalized contract costs is charged to profit or loss when the revenue to which the asset relates is recognized. The accounting policy for revenue recognition is set out in Note 2.25. |
Contract assets and contract liabilities | 2.10 Contract assets and contract liabilities A contract asset is recognized when the Group recognizes revenue (see Note 2.25) before being unconditionally entitled to the consideration under the payment terms set out in the contract. Contract assets are assessed for expected credit loss (“ECL”) in accordance with the policy set out in Note 2.14 and are reclassified to receivables when the right to the consideration has become unconditional (see Note 2.16). A contract liability is recognized when the customer pays non-refundable non-refundable The Group provides subscriber points reward program, the transaction price of providing telecommunications services and the subscriber points reward is allocated based on their standalone price. The allocated portion of transaction price for the subscriber points reward is recorded as contract liability when the rewards are granted and recognized as revenue when the points are redeemed or expired; For a single contract with the customer, either a net contract asset or a net contract liability is presented. For multiple contracts, contract assets and contract liabilities of unrelated contracts are not presented on a net basis. When the contract includes a significant financing component, the contract balance includes interest accrued under the effective interest method (see Note 2.25). |
Other assets | 2.11 Other assets Other assets mainly represent (i) computer software; (ii) prepaid usage fees for transmission lines and electricity cables. (i) Acquired computer software licenses are capitalized on the basis of the costs incurred to acquire and bring to use the specific software. These costs are amortized over their estimated useful lives on a straight-line basis. (ii) Long-term prepaid usage fees for transmission lines and electricity cables are amortized using a straight-line method over service period. |
Financial assets | 2.12 Financial assets The Group classifies its financial assets into two measurement categories: those measured at amortized cost and those measured at fair value. The determination is made at initial recognition and the classification depends on the entity’s business model for managing its financial instruments and the contractual cash flow characteristics of the instrument. Financial assets measured at amortized cost Financial assets are classified under this category if they satisfy both of the following conditions: • The assets are held within a business model whose objective is to hold assets in order to collect contractual cash flows for managing liquidity and generating income on the financial assets, but not for the purpose of realizing fair value gains; and • The contractual terms of the financial assets give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, with interest being the consideration for the time value of money and for the credit risk associated with the principal amount outstanding during a particular period of time. Cash and cash equivalents, short-term bank deposits and restricted deposits, accounts receivable, prepayments and other current assets, amounts due from ultimate holding company, amounts due from related parties, amounts due from domestic carriers and certain other assets are classified under this category. Financial assets under this category are carried at amortized cost using effective interest method less provision for impairment. Gains and losses arising from disposal, being the differences between the net sales proceeds and the carrying values, are recognized in the statements of income. Interest income is recognized in the statements of income using the effective interest method and disclosed as interest income. Financial assets measured at fair value Investments and other financial assets are classified under this category if they do not meet the conditions to be measured at amortized cost. Financial assets under this category are debt and equity investments carried at fair value. Debt investments are classified as fair value through other comprehensive income (“FVOCI”) (recycling), if the contractual cash flows of the investment comprise solely payments of principal and interest and the investment is held within a business model whose objective is achieved by both the collection of contractual cash flows and sale. Changes in fair value are recognized in other comprehensive income, except for the recognition in profit or loss of ECLs, interest income (calculated using the effective interest method) and foreign exchange gains and losses. When the investment is derecognized, the amount accumulated in other comprehensive income is recycled from equity to profit or loss. An investment in equity securities is classified as fair value through profit and loss (“FVPL”) unless the equity investment is not held for trading purposes and on initial recognition of the investment the Group makes an irrevocable election to designate the investment at FVOCI (non-recycling) instrument-by-instrument (non-recycling) (non-recycling) |
Impairment of non-financial assets | 2.13 Impairment of non-financial Assets that have an indefinite useful life or are not yet available for use are not subject to amortization and are tested for impairment at each statements of financial position date. Assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of (i) an asset’s fair value less costs to sell and (ii) value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash-generating units). Assets other than goodwill that impairment losses were previously recognized are reviewed for possible reversal of the impairment at each reporting date. |
Credit losses from financial instruments and contract assets | 2.14 Credit losses from financial instruments and contract assets (a) Policy applicable from January 1, 2018 The Group recognizes a loss allowance for ECLs on the following items: • financial assets measured at amortized cost (including cash and cash equivalents, short-term bank deposits and restricted deposits, accounts receivable, prepayments and other current assets, amounts due from ultimate holding company, amounts due from related parties, amounts due from domestic carriers and certain other assets); • contract assets as defined in IFRS 15,“Revenue from contracts with customers” (“IFRS 15”) (see Note 2.10); and • debt securities measured at FVOCI (recycling). Financial assets measured at fair value, including financial assets measured at FVPL and financial assets measured at FVOCI (non-recycling), Measurement of ECLs ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all expected cash shortfalls (i.e. the difference between the cash flows due to the Group in accordance with the contract and the cash flows that the Group expects to receive). The maximum period considered when estimating ECLs is the maximum contractual period over which the Group is exposed to credit risk. In measuring ECLs, the Group takes into account reasonable and supportable information that is available without undue cost or effort. This includes information about past events, current conditions and forecasts of future economic conditions. ECLs are measured on either of the following bases: • twelve month ECLs: these are losses that are expected to result from possible default events within the twelve months after the reporting date; and • lifetime ECLs: these are losses that are expected to result from all possible default events over the expected lives of the items to which the ECL model applies. Loss allowances for accounts receivable and contract assets are always measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the Group’s historical credit loss experience, adjusted for factors that are specific to the debtors and an assessment of both the current and forecast general economic conditions at the reporting date. For all other financial instruments, the Group recognizes a loss allowance equal to twelve months ECLs unless there has been a significant increase in credit risk of the financial instrument since initial recognition, in which case the loss allowance is measured at an amount equal to lifetime ECLs. Significant increases in credit risk In assessing whether the credit risk of a financial instrument has increased significantly since initial recognition, the Group compares the risk of default occurring on the financial instrument assessed at the reporting date with that assessed at the date of initial recognition. The Group considers both quantitative and qualitative information that is reasonable and supportable, including historical experience and forward-looking information that is available without undue cost or effort. In particular, the following information is taken into account when assessing whether credit risk has increased significantly since initial recognition: • failure to make payments of principal or interest on their contractually due dates; • an actual or expected significant deterioration in a financial instrument’s external or internal credit rating (if available); • an actual or expected significant deterioration in the operating results of the debtor; and • existing or forecast changes in the technological, market, economic or legal environment that have a significant adverse effect on the debtor’s ability to meet its obligation to the Group. Depending on the nature of the financial instruments, the assessment of a significant increase in credit risk is performed on either an individual basis or a collective basis. When the assessment is performed on a collective basis, the financial instruments are grouped based on shared credit risk characteristics, such as past due status and credit risk ratings. ECLs are remeasured at each reporting date to reflect changes in the financial instrument’s credit risk since initial recognition. Any change in the ECL amount is recognized as an impairment gain or loss in profit or loss. The Group recognizes an impairment gain or loss for all financial instruments with a corresponding adjustment to their carrying amount through a loss allowance account. Credit-impaired financial assets At each reporting date, the Group assesses whether a financial asset is credit-impaired. A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. Evidence that a financial asset is credit-impaired includes the following observable events: • significant financial difficulties of the debtor; • a breach of contract, such as a default or delinquency in interest or principal payments; • it becoming probable that the borrower will enter into bankruptcy or other financial reorganization; • significant changes in the technological, market, economic or legal environment that have an adverse effect on the debtor; or • the disappearance of an active market for a security because of financial difficulties of the issuer. Write-off The gross carrying amount of a financial asset or contract asset is written off (either partially or in full) to the extent that there is no realistic prospect of recovery. This is generally the case when the Group determines that the debtor does not have assets or sources of income that could generate sufficient cash flows to repay the amounts subject to the write-off. Subsequent recoveries of an asset that was previously written off are recognized as a reversal of impairment in profit or loss in the period in which the recovery occurs. (b) Policy applicable prior to January 1, 2018 Prior to January 1, 2018, the Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial assets measured at amortized cost is impaired. A financial asset or a group of financial assets is impaired and impairment losses are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial recognition of the asset (a “loss event”) and that loss event (or events) has an impact on the estimated future cash flows of the financial asset or group of financial assets that can be reliably estimated. |
Inventories and consumables | 2.15 Inventories and consumables Inventories, which primarily comprise handsets, SIM/USIM cards and accessories, are stated at the lower of cost and net realizable value. Cost is based on the first-in-first-out Consumables consist of materials and supplies used in maintaining the Group’s telecommunications networks and are charged to the statements of income when brought into use. Consumables are stated at cost less any provision for obsolescence. |
Accounts receivable | 2.16 Accounts receivable A receivable is recognized when the Group has an unconditional right to receive consideration. A right to receive consideration is unconditional if only the passage of time is required before payment of that consideration is due. If revenue has been recognized before the Group has an unconditional right to receive consideration, the amount is presented as a contract asset (see Note 2.10). Receivables are stated at amortized cost using the effective interest method less allowance for credit losses (see Note 2.14). |
Short-term bank deposits and restricted deposits | 2.17 Short-term bank deposits and restricted deposits Short-term bank deposits are cash invested in fixed-term deposits with original maturities ranging from more than three months to one year. Restricted deposits mainly included statutory reserve deposits with the People’s Bank of China (“PBOC”) placed by Finance Company. |
Cash and cash equivalents | 2.18 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term highly liquid investments with original maturities of three months or less. |
Government grants | 2.19 Government grants Government grants are recognized in the statements of financial position initially when there is reasonable assurance that they will be received and that the Group will comply with the conditions attaching to them. Grants that compensate the Group for expenses incurred are recognized as income in profit or loss on a systematic basis in the same period in which the expenses are incurred. Grants that compensate the Group for the cost of an asset are recognized as deferred revenue consequently are effectively recognized in profit or loss over the useful life of the asset as other income. |
Borrowings | 2.20 Borrowings Borrowings are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortized cost, any difference between the proceeds (net of transaction costs) and the redemption value is recognized in the statements of income over the period of the borrowings using the effective interest method. Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of the liability for at least twelve months after the statements of financial position date. |
Share capital | 2.21 Share capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issuance of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. Where any group company purchases the Company’s equity share capital (treasury shares), the consideration paid, including any directly attributable incremental costs (net of tax) is deducted from equity attributable to equity shareholders of the Company and no gain or loss shall be recognized in the statements of income. |
Employee benefits | 2.22 Employee benefits (a) Retirement benefits The Group participates in defined contribution pension schemes. For defined contribution plans, the Group pays contributions to publicly or privately administered pension insurance plans on a mandatory, contractual or voluntary basis. The contributions are recognized as employee benefit expenses when they are due. Prepaid contributions are recognized as an asset to the extent that a reduction in the future payments is available. (b) Medical insurance The Group’s contributions to basic and supplementary medical insurances are expensed as incurred. The Group has no further payment obligations once the contributions have been paid. (c) Housing benefits One-off The Group’s contributions to the housing fund, special monetary housing benefits and other housing benefits are expensed as incurred. The Group has no further payment obligations once the contributions have been paid. (d) Supplementary benefits In addition to participating in local governmental defined contribution social insurance, subsidiaries of the Group also provide other post retirement supplementary benefits to their employees, including supplementary pension allowance, reimbursement of medical expenses and supplementary medical insurance. These post retirement supplementary benefits are accounted as defined benefit plan. The present value of the defined benefit obligation is included in non-current (e) Share-based compensation costs The Group operates an equity-settled, share-based compensation plan. The fair value of the employee services received in exchange for the grant of the share options is recognized as an expense. The total amount to be expensed over the vesting period is determined by reference to the fair value of the share options granted at the grant date excluding the impact of any non-market non-market The equity amount is recognized in the employee share-based compensation reserve until either the option is exercised (when it is included in the amount recognized in share capital for the shares issued) or the option expires (when it is released directly to retained profits). (f) Restricted A-Share Restricted shares granted by A-Share At the end of each reporting period, the Group revises its estimates of the number of restricted shares that are expected to be vested. The impact of the revision of the original estimates, if any, is recognized in profit or loss, with a corresponding adjustment to equity. |
Accounts payable | 2.23 Accounts payable Accounts payable are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less (or in the normal operating cycle of the business if longer). If not, they are presented as non-current Accounts payable are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method. |
Provisions | 2.24 Provisions Provisions are recognized when the Group has present legal or constructive obligations as a result of past events, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognized even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small. Provisions are measured at the present value of the pre-tax |
Revenue recognition | 2.25 Revenue recognition Income is classified by the Group as revenue when it arises from the provision of services and the sale of goods in the ordinary course of the Group’s business. Revenue is recognized when control over a product or service is transferred to the customer at the amount of promised consideration to which the Group is expected to be entitled, excluding those amounts collected on behalf of third parties. Revenue excludes value added tax or other sales taxes and is after deduction of any trade discounts. Where the contract contains a financing component which provides a significant financing benefit to the customer for more than twelve months, revenue is measured at the present value of the amount receivable, discounted using the discount rate that would be reflected in a separate financing transaction with the customer, and interest income is accrued separately under the effective interest method. Where the contract contains a financing component which provides a significant financing benefit to the Group, revenue recognized under that contract includes the interest expense accreted on the contract liability under the effective interest method. The Group takes advantage of the practical expedient in IFRS 15 and does not adjust the consideration for any effects of a significant financing component if the period of financing is twelve months or less. Further details of the Group’s revenue recognition policies are as follows: • Voice usage and monthly fees are recognized when the services are rendered; • Revenue from the provision of broadband and mobile data services are recognized when the services are provided to customers; • Data and internet application service revenue, which mainly represent revenue from the provision of data storage and application, information communications technology and other internet related services, are recognized upon fulfillment of services obligation; • Other value-added services revenue, which mainly represents revenue from the provision of services such as short message, cool ringtone, personalized ring, caller number display and secretarial services to subscribers etc., are recognized when services are rendered; • Interconnection fees, which represent revenue from other domestic and foreign telecommunications operators for the use of the Group’s telecommunications network, are recognized when services are rendered; • Revenue from transmission lines usage and associated services, which mainly represent income from offering transmission lines and customer-end • Standalone sales of telecommunications products, which mainly represent handsets and accessories, and telecommunications equipment, are recognized when title have been passed to the buyers; • The Group offers preferential packages to customers which include bundle sale of mobile handsets and provision of services. The total contract consideration of such preferential packages is allocated to service revenue and sales of handsets based on their standalone selling prices. Revenue relating to the sale of handset is recognized when the title is passed to the customer whereas service revenue is recognized based upon the actual usage of telecommunications services. The cost of the mobile handset is expensed immediately to the statements of income upon revenue recognition. In general, revenue from rendering of telecommunication services are recognized over-time during the period of fulfillment of services obligation, whereas revenue from sales of handsets and other telecommunications equipment, in case they are treated as separate performance obligations, are recognized at a point in time. |
Interest income | 2.26 Interest income Interest income from deposits in banks or other financial institutions is recognized on a time proportion basis, using the effective interest method. For financial assets measured at amortized cost that are not credit-impaired, the effective interest rate is applied to the gross carrying amount of the asset. For credit impaired financial assets, the effective interest rate is applied to the amortized cost of the asset. |
Dividend income | 2.27 Dividend income Dividend income is recognized when the right to receive payment is established. |
Leased assets | 2.28 Leased assets At inception of a contract, the Group assesses whether the contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control is conveyed where the customer has both the right to direct the use of the identified asset and to obtain substantially all of the economic benefits from that use. (a) As a lessee (i) Policy applicable from January 1, 2019 At inception or on reassessment of a contract that contains a lease component, the Group allocates the consideration in the contract to each lease and non-lease At the lease commencement date, the Group recognizes a right-of-use low-value low-value lease-by-lease Where the lease is capitalized, the lease liability is initially recognized at the present value of the lease payments payable over the lease term, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, using a relevant incremental borrowing rate. After initial recognition, the lease liability is measured at amortized cost and interest expense is calculated using the effective interest method. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and hence are charged to profit or loss in the accounting period in which they are incurred. The right-of-use right-of-use right-of-use Right-of-use right-of-use right-of-use The lease liability is remeasured when there is a change in future lease payments arising from a change in an index or rate, or there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, or there is a change arising from the reassessment of whether the Group will be reasonably certain to exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use right-of-use The lease liability is also remeasured when there is a change in the scope of a lease or the consideration for a lease that is not originally provided for in the lease contract (“lease modification”) that is not accounted for as a separate lease. In this case the lease liability is remeasured based on the revised lease payments and lease term using a revised discount rate at the effective date of the modification. In the consolidated statement of financial position, the current portion of long-term lease liabilities is determined as the present value of contractual payments that are due to be settled within twelve months after the reporting period. The Group presents right-of-use (ii) Policy applicable prior to January 1, 2019 Before January 1, 2019, as a lessee the Group classified leases as finance leases if the leases transferred substantially all the risks and rewards of ownership to the Group. Leases which did not transfer substantially all the risks and rewards of ownership to the Group were classified as operating leases. Where the Group acquired the use of assets under finance leases, the amounts representing the fair value of the leased asset, or, if lower, the present value of the minimum lease payments, of such assets were recognized as property, plant and equipment and the corresponding liabilities, net of finance charges, were recorded as obligations under finance leases. Impairment losses were accounted for in accordance with the accounting policy as set out in Note 2.13. Finance charges implicit in the lease payments were charged to profit or loss over the period of the leases so as to produce an approximately constant periodic rate of charge on the remaining balance of the obligations for each accounting period. Contingent rentals were charged to profit or loss in the accounting period in which they were incurred. Where the Group had the use of assets held under operating leases, payments made under the leases were charged to profit or loss in equal instalments over the accounting periods covered by the lease term, except where an alternative basis was more representative of the pattern of benefits to be derived from the leased asset. Lease incentives received were recognized in profit or loss as an integral part of the aggregate net lease payments made. Contingent rentals were charged to profit or loss in the accounting period in which they were incurred. (b) As a lessor When the Group acts as a lessor, it determines at lease inception whether each lease is a finance lease or an operating lease. A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to the ownership of an underlying assets to the lessee. If this is not the case, the lease is classified as an operating lease. When a contract contains lease and non-lease When the Group is an intermediate lessor, the sub-leases right-of-use sub-lease |
Borrowing costs | 2.29 Borrowing costs Borrowing costs are expensed as incurred, except for interest directly attributable to the acquisition, construction or production of an asset that necessarily takes a substantial period of time to get ready for its intended use, in which case they are capitalized as part of the cost of that asset. Capitalization of borrowing costs commences when expenditures for the asset and borrowing costs are being incurred and the activities to prepare the asset for its intended use are in progress. Borrowing costs are capitalized up to the date when the project is completed and ready for its intended use. To the extent that funds are borrowed specifically for the purpose of obtaining a qualifying asset, the amount of borrowing costs eligible for capitalization is determined at the actual borrowing costs incurred on that borrowing during the period less any investment income on the temporary investment of those borrowings. To the extent that funds are borrowed generally and used for the purpose of obtaining a qualifying asset, the amount of borrowing costs eligible for capitalization is determined by applying a capitalization rate to the expenditures on that asset. The capitalization rate is the weighted average of the borrowing costs applicable to the borrowings of the Group that are outstanding during the period, other than borrowings made specifically for the purpose of obtaining a qualifying asset. The amount of borrowing costs capitalized during a period should not exceed the amount of borrowing cost incurred during that period. Other borrowing costs are recognized as expenses when incurred. |
Taxation | 2.30 Taxation (a) Current income tax The current income tax charge is calculated on the basis of the tax laws enacted or substantially enacted at the statements of financial position date in the countries where the Company and its subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation and establishes provisions where appropriate on the basis of the amount expected to be paid to the tax authorities. (b) Deferred income tax Deferred tax assets and liabilities arise from deductible and taxable temporary differences respectively, being the differences between the carrying amounts of assets and liabilities for financial reporting purposes and their tax bases. Deferred tax assets also arise from unused tax losses and unused tax credits. Apart from certain limited exceptions, all deferred tax liabilities, and all deferred tax assets to the extent that it is probable that future taxable profits will be available against which the asset can be utilized, are recognized. Future taxable profits that may support the recognition of deferred tax assets arising from deductible temporary differences include those that will arise from the reversal of existing taxable temporary differences, provided those differences relate to the same taxation authority and the same taxable entity, and are expected to reverse either in the same period as the expected reversal of the deductible temporary difference or in periods into which a tax loss arising from the deferred tax asset can be carried back or forward. The same criteria are adopted when determining whether existing taxable temporary differences support the recognition of deferred tax assets arising from unused tax losses and credits, that is, those differences are taken into account if they relate to the same taxation authority and the same taxable entity, and are expected to reverse in a period, or periods, in which the tax loss or credit can be utilized. The limited exceptions to recognition of deferred tax assets and liabilities are those temporary differences arising from goodwill not deductible for tax purposes, the initial recognition of assets or liabilities that affect neither accounting nor taxable profit (provided they are not part of a business combination), and temporary differences relating to investments in subsidiaries to the extent that, in the case of taxable differences, the Group controls the timing of the reversal and it is probable that the differences will not reverse in the foreseeable future, or in the case of deductible differences, unless it is probable that they will reverse in the future. The carrying amount of a deferred tax asset is reviewed at the end of each reporting period and is reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow the related tax benefit to be utilized. Any such reduction is reversed to the extent that it becomes probable that sufficient taxable profits will be available. |
Dividend distribution | 2.31 Dividend distribution Dividend distribution to the Company’s shareholders is recognized as a liability in the Company’s financial statements in the period in which the dividends are approved by the Company’s shareholders. |
Contingent liabilities and contingent assets | 2.32 Contingent liabilities and contingent assets A contingent liability is a possible obligation that arises from past events and whose existence will only be confirmed by the occurrence or non-occurrence A contingent liability is not recognized but is disclosed in the notes to the financial statements. When a change in the probability of an outflow of economic resources occurs so that outflow is probable, the liability will then be recognized as a provision. A contingent asset is a possible asset that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence A contingent asset is not recognized but is disclosed in the notes to the financial statements when an inflow of economic benefits is probable. When an inflow is virtually certain, an asset is recognized. |
Earnings per share | 2.33 Earnings per share Basic earnings per share is computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the year. Diluted earnings per share is computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the year, after adjusting for the effects of the dilutive potential ordinary shares. |
Related parties | 2.34 Related parties (a) A person, or a close member of that person’s family, is related to the Group if that person: (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or the Group’s parent. (b) An entity is related to the Group if any of the following conditions applies: (i) The entity and the Group are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others); (ii) One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member); (iii) Both entities are joint ventures of the same third party; (iv) One entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v) The entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; (vi) The entity is controlled or jointly controlled by a person identified in (a); or (vii) A person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity). Close members of the family of a person are those family members who may be expected to influence, or be influenced by, that person in their dealings with the entity. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Statement [LineItems] | |
Summary of Estimated Impact of Adoption of New Accounting Policy on Group's Consolidated Financial Statements | The following table gives a summary of the opening balance adjustments recognized for each line item in the consolidated statements of financial position that has been impacted by IFRS 9 (2014) and IFRS 15: At Impact on (Note 2.2 Impact on (Note 2.2 At ASSETS Deferred income tax assets 5,973 265 (584 ) 5,654 Contract assets — — 753 753 Other assets 20,721 — (5,275 ) 15,446 Contract costs — — 6,856 6,856 Total non-current 495,261 265 1,750 497,276 Accounts receivable 13,964 (1,118 ) — 12,846 Prepayments and other current assets 13,801 — (2,221 ) 11,580 Contract assets — — 2,221 2,221 Total current assets 76,722 (1,118 ) — 75,604 Total assets 571,983 (853 ) 1,750 572,880 EQUITY Reserves (20,912 ) (85 ) 175 (20,822 ) Retained profits - Proposed final dividend 1,591 — — 1,591 - Others 69,315 (768 ) 1,575 70,122 Total equity 304,347 (853 ) 1,750 305,244 CURRENT LIABILITIES Accounts payable and accrued liabilities 125,260 — 3,671 128,931 Current portion of deferred revenue 350 — (311 ) 39 Advances from customers 49,283 — (49,000 ) 283 Contract liabilities — — 45,640 45,640 NON-CURRENT Deferred revenue 3,020 — (782 ) 2,238 Contract liabilities — — 782 782 Total equity and liabilities 571,983 (853 ) 1,750 572,880 Net current liabilities (165,900 ) (1,118 ) — (167,018 ) Total assets less current liabilities 329,361 (853 ) 1,750 330,258 |
Summary of Impact of Transition to IFRS 9 on Retained Profits and Reserves and Related Tax Impact | The following table summarizes the impact of transition to IFRS 9 (2014) on retained profits and reserves and the related tax impact at January 1, 2018. Reserves and Retained profits Recognition of additional expected credit losses on: - financial assets measured at amortized cost (1,118 ) Related tax 265 Net decrease in retained profits and reserves at January 1, 2018 (853 ) |
Summary of Reconciles of Closing and Opening Loss Allowance | The following table reconciles the closing loss allowance determined in accordance with IFRS 9 (2010) as of December 31, 2017 with the opening loss allowance determined in accordance with IFRS 9 (2014) as of January 1, 2018. Loss allowance at December 31, 2017 under IFRS 9 (2010) 6,657 Additional credit loss recognized at January 1, 2018 on: - Accounts receivable 1,118 Loss allowance at January 1, 2018 under IFRS 9 (2014) 7,775 |
Summary of Impact of Transition to IFRS 15 on Retained Profits and Reserves and Related Tax Impact | The following table summarizes the impact of transition to IFRS 15 on retained profits and reserves and the related tax impact at January 1 , 2018 : Reserves and Retained profits Capitalization of sales commissions 2,334 Related tax (584 ) Net increase in retained profits and reserves at January 1, 2018 1,750 |
Schedule of Operating Leases Commitments | The following table reconciles the operating lease commitments as of December 31, 2018 to the opening balance for lease liabilities recognized as of January 1, 2019: January 1, 2019 Operating lease and other commitments at December 31, 2018 54,751 Less: commitments relating to non-lease December 31, 2018 (14,345 ) Operating lease commitments at December 31, 2018 40,406 Less: commitments relating to leases exempt from capitalization: - short-term leases and other leases with remaining lease term ending on or before December 31, 2019 (721 ) - leases of low-value (36 ) Less: total future interest expenses (3,169 ) Present value of remaining lease payments, discounted using the incremental borrowing rate at January 1, 2019 36,480 Add: finance lease liabilities recognized as of December 31, 2018 240 Total lease liabilities recognized at January 1, 2019 36,720 |
Summary of Impacts On Adoption Of IFRS 16 Lease Policy | The following table summarizes the impacts of the adoption of IFRS 16 on the Group’s consolidated statements of financial position: Note Carrying amount at December 31, Capitalization of contracts Carrying amount at January 1, Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: ASSETS Property, plant and equipment 15 384,475 (343 ) 384,132 Lease prepayments 9,290 (9,290 ) — Right-of-use 16 — 47,359 47,359 Interest in associates 19 35,758 (264 ) 35,494 Deferred income tax assets 13 3,401 271 3,672 Other assets 25 14,645 (1,801 ) 12,844 Total non-current 464,411 35,932 500,343 Prepayments and other current assets 28 11,106 (526 ) 10,580 Total current assets 75,909 (526 ) 75,383 Total assets 540,320 35,406 575,726 EQUITY Reserves (20,154 ) (107 ) (20,261 ) Retained profits - Proposed 2018 final dividend 4,100 — 4,100 - Others 75,920 (967 ) 74,953 Total equity 314,286 (1,074 ) 313,212 Note Carrying amount at December 31, Capitalization of operating lease contracts Carrying amount at January 1, 2019 Line items in the consolidated statements of financial position impacted by the adoption of IFRS 16: Lease liabilities (non-current 36 — 27,576 27,576 Other obligations 38 190 (6 ) 184 Total non-current 11,124 27,570 38,694 Lease liabilities (current portion) 36 — 9,144 9,144 Current portion of other obligations 38 2,844 (234 ) 2,610 Current liabilities 214,910 8,910 223,820 Net current liabilities (139,001 ) (9,436 ) (148,437 ) Total assets less current liabilities 325,410 26,496 351,906 |
Schedule of Impacts of Adoption of IFRS 16 on Financial Statements and Related Hypothetical Results | The following tables give an indication of the estimated impact of adoption of IFRS 16 on the Group’s financial result s Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Add back: IFRS 16 depreciation and interest expense (B) Deduct: Estimated amounts related to operating lease as if under IAS 17 (Note a (C) Hypothetical amounts for 2019 as if under IAS 17 (D=A+B+C) Compared to amounts reported for 2018 under IAS 17 Financial results for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Depreciation and amortization (83,080 ) 10,579 — (72,501 ) (75,777 ) Network, operation and support expenses (43,236 ) — (11,345 ) (54,581 ) (55,077 ) Other operating expenses (64,480 ) — (192 ) (64,672 ) (62,561 ) Finance costs (2,123 ) 1,349 — (774 ) (1,625 ) Share of net profit of associates 1,359 37 — 1,396 2,477 Income before income tax 14,167 11,965 (11,537 ) 14,595 13,081 Net income for the year 11,372 11,965 (11,537 ) 11,800 10,257 Year ended December 31, 2019 Year ended Amounts reported under IFRS 16 (A) Estimated amounts related to operating leases as if under IAS 17 (Notes a & b Hypothetical amounts for 2019 as if under IAS 17 (C=A+B) Compared to amounts reported for 2018 under IAS 17 Line items in the consolidated statements of cash flows for the year ended December 31, 2019 impacted by the adoption of IFRS 16: Cash generated from operations 94,952 (10,883 ) 84,069 93,882 Net cash inflow from operating activities 93,678 (10,883 ) 82,795 92,387 Capital element of lease rentals paid (11,123 ) 10,883 (240 ) — Net cash outflow from financing activities (29,765 ) 10,883 (18,882 ) (34,058 ) |
Schedule of New and Amendments to IFRS and IAS Standards That Are Not Yet Effective for the Year | The IASB has issued a number of amendments to IFRSs and IAS which are not yet effective for the year ended December 31, 2020 and which have not been adopted in these consolidated financial statements. Of these, the following developments are relevant to the Group’s consolidated financial statements: Effective for Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, “Interest Rate Benchmark Reform – Phase 2” January 1, 2021 Amendments to IFRS 3, “Reference to the Conceptual Framework” January 1, 2022 Amendments to IAS 16, “Property, Plant and Equipment: Proceeds before Intended Use” January 1, 2022 Amendments to IAS 37, “Onerous Contracts-Cost of Fulfilling a Contract” January 1, 2022 Annual Improvements to IFRS Standards 2018-2020 January 1, 2022 Amendments to IAS 1, “Classification of Liabilities as Current or Non-current” January 1, 2023 |
Summary of Estimated Useful Lives of Property Plant and Equipment | Depreciation on property, plant and equipment is calculated using the straight-line method to allocate their costs less their residual values over their estimated useful lives, as follows: Depreciable life Residual rate Buildings 10 - 30 years 3-5 % Telecommunications equipment 5 - 10 years 3-5 % Office furniture, fixtures, motor vehicles and other equipment 5 - 10 years 3-5 % |
Financial Risk Management and_2
Financial Risk Management and Fair Values of Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Statement [LineItems] | |
Summary of Undiscounted Balances of Financial Liabilities | The following tables show the undiscounted balances of the financial liabilities (including interest expense) categorized by time from the end of the period under review to the contractual maturity date: Less than Between 1 Between 2 Over 5 Carrying At December 31, 2019 Long-term bank loans 448 434 1,344 1,710 3,306 Promissory notes 34 34 1,030 — 998 Corporate bonds 108 1,088 2,034 — 2,998 Lease liabilities 11,085 10,183 12,112 1,430 32,325 Other obligations 2,657 46 29 49 2,778 Short-term bank loans 5,704 — — — 5,564 Commercial papers 9,116 — — — 8,995 Accounts payable and accrued liabilities 121,564 — — — 121,564 Amounts due to ultimate holding company 1,779 — — — 1,779 Amounts due to related parties 7,984 132 3,304 — 10,893 Amounts due to domestic carriers 2,174 — — — 2,174 Dividend payable 920 — — — 920 163,573 11,917 19,853 3,189 194,294 At December 31, 2020 Long-term bank loans 428 469 1,215 1,372 2,900 Promissory notes 34 1,030 — — 998 Corporate bonds 1,088 2,034 — — 2,999 Lease liabilities 11,757 10,352 6,203 1,498 27,961 Other obligations 2,529 15 27 58 2,627 Short-term bank loans 751 — — — 740 Commercial papers 7,007 — — — 7,000 Accounts payable and accrued liabilities 134,437 — — — 134,437 Bills payable 5,482 — — — 5,482 Amounts due to ultimate holding company 1,640 — — — 1,640 Amounts due to related parties 9,315 132 3,172 — 12,225 Amounts due to domestic carriers 2,291 — — — 2,291 176,759 14,032 10,617 2,928 201,300 |
Summary of Debt-to-Capitalization Ratios | The Group’s debt-to-capitalization December 31, 2019 December 31, 2020 Interest-bearing debts: - Short-term bank loans 5,564 740 - Long-term bank loans 2,869 2,482 - Promissory notes 998 998 - Corporate bonds 2,998 1,999 - Commercial papers 8,995 7,000 - Lease liabilities (non-current 21,535 16,458 - Amounts due to related parties 3,092 3,042 - Current portion of long-term bank loans 437 418 - Current portion of corporate bonds — 1,000 - Lease liabilities (current portion) 10,790 11,503 57,278 45,640 Total equity 320,755 327,520 Interest-bearing debts plus total equity 378,033 373,160 Debt-to-capitalization 15.2% 12.2% |
Summary of Assets Measured at Fair Value | The following table presents the Group’s assets that are measured at fair value at December 31, 2019: Level 1 Level 2 Level 3 Total Recurring fair value measurement: Equity securities measured at FVOCI (non-recycling) 3,268 — 55 3,323 Financial assets measured at FVPL 151 51 568 770 Total 3,419 51 623 4,093 The following table presents the Group’s assets that are measured at fair value at December 31, 2020: Level 1 Level 2 Level 3 Total Recurring fair value measurement: Equity securities measured at FVOCI (non-recycling) 1,786 — 52 1,838 Financial assets measured at FVPL 1,465 100 929 2,494 Debt securities measured at FVOCI (recycling) 23,350 — — 23,350 Total 26,601 100 981 27,682 |
Summary of Carrying Amounts, Fair Values and the Group's Financial Liabilities Carried at Amortized Cost | As of December 31, 2019 and 2020. the carrying amounts, fair values and the level of fair values of the Group’s financial liabilities carried at amortized cost are disclosed below: Carrying Fair value Carrying Fair value Fair value measurement as of Level 1 Level 2 Level 3 Non-current 2,869 2,849 2,482 2,552 — 2,552 — Non-current 998 1,010 998 1,005 1,005 — — Non-current 2,998 3,081 1,999 2,050 2,050 — — |
Foreign exchange risk [member] | |
Statement [LineItems] | |
Summary of Foreign Exchange Risk | The following table details the Group’s exposure at the end of the reporting period to currency risk arising from recognized assets or liabilities denominated in a currency other than the functional currency of the entity to which they relate and have been translated to RMB at the applicable rates quoted by the PBOC as of December 31, 2019 and 2020. 2019 2020 Original Exchange rate RMB Original Exchange rate RMB Cash and cash equivalents: - denominated in HK dollars 35 0.90 31 48 0.84 40 - denominated in US dollars 166 6.98 1,160 353 6.52 2,305 - denominated in Euro 19 7.82 146 30 8.03 241 - denominated in Japanese Yen 31 0.06 2 — 0.06 — - denominated in SGD 1 5.17 6 1 4.93 7 - denominated in AUD 1 4.88 4 — 5.02 1 Sub-total 1,349 2,594 Accounts receivable: - denominated in HK dollars 2 0.90 2 1 0.84 1 - denominated in US dollars 231 6.98 1,612 219 6.52 1,429 - denominated in Euro 2 7.82 16 2 8.03 16 Sub-total 1,630 1,446 Financial assets measured at FVOCI: - denominated in Euro 400 7.82 3,125 208 8.03 1,672 Total 6,104 5,712 Borrowings: - denominated in US dollars 33 6.98 232 31 6.52 204 - denominated in Euro 5 7.82 42 2 8.03 18 Sub-total 274 222 Accounts payable: - denominated in US dollars 62 6.98 433 36 6.52 235 - denominated in Euro 1 7.82 8 1 8.03 8 Sub-total 441 243 Total 715 465 |
Revenue (Tables)
Revenue (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Disaggregation of Revenue From Customers by Major Services and Products | Disaggregation of revenue from customers by major services and products: 2018 2019 2020 Voice usage and monthly fees 32,486 26,440 23,183 Broadband and mobile data services 148,431 146,534 150,730 Data and internet application services 26,489 37,218 47,923 Other value-added services 24,606 21,251 21,287 Interconnection fees 13,708 12,893 12,307 Transmission lines usage and associated services 14,178 15,595 16,519 Other services 3,785 4,456 3,865 Total service revenue 263,683 264,387 275,814 Sales of telecommunications products 27,194 26,128 28,024 Total 290,877 290,515 303,838 Include: Revenue from contracts with customers within the scope of IFRS 15 289,810 289,332 302,732 Revenue from other sources 1,067 1,183 1,106 |
Network, Operation and Suppor_2
Network, Operation and Support Expenses (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Network, Operation and Support Expenses | Note 2018 2019 2020 Note Repairs and maintenance 11,102 10,303 10,750 Power and water charges 14,481 12,319 12,901 Charges for use of network, premises, equipment and facilities (ii), (iv) 11,445 8,146 9,180 Charges for use of tower assets (iii), (iv) 15,982 10,492 11,246 Others 2,067 1,976 2,209 55,077 43,236 46,286 Note: (i) The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). (ii) During the years ended December 31, 2019 and 2020, charges for use of network, premises, equipment and facilities mainly included the non-lease low-value non-lease (iii) During the years ended December 31, 2019 and 2020, charges for use of tower assets included the non-lease (iv) Expense relating to short-term leases, leases of low-value |
Summary of Short Term Leases and Variable Lease Payment | 2019 2020 Expense relating to short-term leases and other leases with remaining lease term ending on or before December 31, 2019, and leases of low value assets 1,971 1,322 Variable lease payments not included in the measurement of lease liabilities * 4,478 5,415 * During the years ended December 31, 2019 and 2020, variable lease payments not included in the measurement of lease liabilities mainly included charges for use of tower assets and network, premises, equipment and facilities, which are measured based on revenue or usage and recorded in profit or loss when the event or condition that triggers those payments occurred. |
Employee Benefit Expenses (Tabl
Employee Benefit Expenses (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
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Summary of Employee Benefit Expenses | Note 2018 2019 2020 Salaries and wages 35,498 37,143 42,534 Contributions to defined contribution pension schemes 6,823 7,080 5,534 Contributions to medical insurance 2,241 2,471 3,794 Contributions to housing fund 2,944 3,235 3,486 Other housing benefits 23 16 17 Share-based compensation 44 614 571 375 48,143 50,516 55,740 |
Costs of Telecommunications P_2
Costs of Telecommunications Products Sold (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Costs of Telecommunications Products Sold | 2018 2019 2020 Handsets and other telecommunication products 27,403 26,220 26,619 Others 201 192 243 27,604 26,412 26,862 |
Other Operating Expenses (Table
Other Operating Expenses (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Other Operating Expenses | Note 2018 2019 2020 Note Credit loss allowance and write-down of inventories 3,846 3,663 5,584 Commission and other service expenses 23,151 23,010 21,041 Advertising and promotion expenses 2,882 2,563 2,723 Internet access terminal maintenance expenses 3,358 2,937 2,744 Customer retention costs 4,085 3,601 3,007 Auditors’ remuneration 78 78 77 Property management fee 2,192 2,188 2,490 Office and administrative expenses 1,763 1,606 1,332 Transportation expense 1,565 1,471 1,372 Miscellaneous taxes and fees 1,387 1,236 1,353 Service technical support expenses 8,035 13,981 21,243 Repairs and maintenance expenses 770 704 911 Loss on disposal of property, plant and equipment 15 4,148 2,179 2,365 Others 5,301 5,263 3,995 62,561 64,480 70,237 Note: The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). |
Finance Costs (Tables)
Finance Costs (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
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Summary of Finance Costs | Note 2018 2019 2020 Finance costs: - Interest on bank loans repayable within 5 years 908 519 112 - Interest on corporate bonds, promissory notes and commercial papers repayable within 5 years 1,113 359 312 - Interest on lease liabilities (i ) — 1,349 1,234 - Interest on related party loans repayable within 5 years 33 133 122 - Interest on bank loans repayable over 5 years 47 43 38 - Less: Amounts capitalized in CIP 15 (534 ) (387 ) (206 ) Total interest expense 1,567 2,016 1,612 - Net exchange (gain)/loss (80 ) 39 46 - Others 138 68 89 1,625 2,123 1,747 (i) The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). |
Other Income - Net (Tables)
Other Income - Net (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Other Income - Net | 2018 2019 2020 Dividend from financial assets measured at FVOCI (non-recycling) 203 205 210 Government grants 257 385 506 Additional deduction for VAT — 422 1,456 Investment income from debt securities measured at FVOCI (recycling) — — 174 Fair value gains on financial assets measured at FVPL 31 96 154 Gains on disposal of financial assets measured at FVPL 36 24 87 Others 256 603 324 783 1,735 2,911 |
Taxation (Tables)
Taxation (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Income Tax Expenses | 2018 2019 2020 Provision for income tax on the estimated taxable income for the year - Hong Kong 88 66 99 - Mainland China and other countries 459 556 2,858 Under/(over) provision in respect of prior years 18 (250 ) 40 565 372 2,997 Deferred taxation 2,259 2,423 453 Income tax expenses 2,824 2,795 3,450 |
Summary of Reconciliation Between Actual Income Tax Expense and Accounting Profit | Reconciliation between actual income tax expense and accounting profit at PRC statutory tax rate: Note 2018 2019 2020 Income before income tax 13,081 14,167 16,027 Expected income tax expense at PRC statutory tax rate of 25% 3,270 3,542 4,007 Impact of different tax rates outside Mainland China (47 ) (22 ) (39 ) Tax effect of preferential tax rate (i ) (91 ) (121 ) (140 ) Additional deduction for qualified research and development costs (i ) (80 ) (139 ) (268 ) Tax effect of non-deductible 501 366 447 Tax effect of non-taxable (150 ) (162 ) (197 ) Tax effect of non-taxable (ii ) (369 ) (274 ) (332 ) Under/(over) provision in respect of prior years 18 (250 ) 40 Tax effect of unused tax losses not recognized, net of utilization (iii ) (162 ) (79 ) (68 ) Others (66 ) (66 ) — Actual tax expense 2,824 2,795 3,450 (i) According to the PRC enterprise income tax law and its relevant regulations, entities that are qualified as High and New Technology Enterprise under the tax law are entitled to a preferential income tax rate of 15% (2018: 15%; 2019: 15%). Certain subsidiaries of the Group obtained the approval of High and New Technology Enterprise and were entitled to a preferential income tax rate of 15% (2018: 15%; 2019: 15%), and certain research and development costs of the Group’s PRC subsidiaries are qualified for 75% (2018: 75%; 2019: 75%) additional deduction for tax purpose. (ii) Adjustment to investment in associates represents the tax effect on share of net profit of associates, including dilution gain, net of reversal of deferred tax assets on unrealized profit from transactions with Tower Company. (iii) As of December 31, 2020, the Group did not recognize deferred tax assets of approximately RMB181 million (2019: approximately RMB249 million) in respect of tax losses amounting to approximately RMB726 million (2019: approximately RMB997 million), since it is not probable that future taxable profits will be available against which the deferred tax asset can be utilized. The tax losses can be carried forward for five years from the year incurred and hence will be expired by the year of 2025. As of December 31, 2020, the Group did not recognize deferred tax assets of RMB2,448 million (2019: RMB2,085 million) in respect of changes in fair value on financial assets through other comprehensive income (non-recycling), |
Summary of Analysis of Deferred Tax Assets and Deferred Tax Liabilities | The analysis of deferred tax assets and deferred tax liabilities are as follows: 2019 2020 Deferred tax assets: - Deferred tax asset to be recovered after 12 months 6,942 8,316 - Deferred tax asset to be recovered within 12 months 2,914 3,542 9,856 11,858 Deferred tax liabilities: - Deferred tax liabilities to be settled after 12 months (8,292 ) (10,360 ) - Deferred tax liabilities to be settled within 12 months (338 ) (753 ) (8,630 ) (11,113 ) Net deferred tax assets after offsetting 1,226 745 Deferred tax assets: - Deferred tax asset to be recovered after 12 months — — - Deferred tax asset to be recovered within 12 months — 18 — 18 Deferred tax liabilities: - Deferred tax liabilities to be settled after 12 months (87 ) (82 ) - Deferred tax liabilities to be settled within 12 months — — (87 ) (82 ) Net deferred tax liabilities after offsetting (87 ) (64 ) |
Summary of Movement of Net Deferred Tax Assets/(Liabilities) | The movement of the net deferred tax assets/(liabilities) is as follows: 2018 2019 2020 Net deferred tax assets after offsetting: - Balance at December 31, 2017, 2018 and 2019 5,973 3,401 1,226 - Impact on initial application of IFRS 15 (Note) (584 ) — — - Impact on initial application of IFRS 9 (2014), “Financial instruments” (“IFRS 9 (2014)”) (Note) 265 — — - Impact on initial application of IFRS 16 (Note) — 271 — - Balance at January 1, 2018, 2019 and 2020 5,654 3,672 1,226 - Deferred tax charged to the statements of income (2,256 ) (2,447 ) (471 ) - Deferred tax credited/(charged) to other comprehensive income 3 1 (10 ) - End of year 3,401 1,226 745 Net deferred tax liabilities after offsetting: - Beginning of year (108 ) (111 ) (87 ) - Deferred tax (charged)/credited to the statements of income (3 ) 24 18 - Deferred tax credited to the statement of other comprehensive income — — 5 - End of year (111 ) (87 ) (64 ) Note: The Group has initially applied IFRS 15 and IFRS 9 (2014) at January 1, 2018. Under the transition method chosen, comparative information is not restated. See Note 2.2(c). The Group has initially applied IFRS 16 at January 1, 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See Note 2.2(d). |
Summary of Components of Deferred Tax Assets/(Liabilities) | The components of the deferred tax assets/(liabilities) recognized in the consolidated statements of financial position and the movements during the year are as follows: Deferred tax arising from: Credit loss Unrecognized under PRC Deductible Accruals of Unrealized Gain from (Note (ii)) Accelerated (Note (iii)) Contract costs Depreciation right-of-use Others Total At December 31, 2017 1,603 1,403 2,244 2,554 697 (745 ) (3,870 ) — — 1,979 5,865 Impact on initial application of IFRS 15 — — — — — — — (584 ) — — (584 ) Impact on initial application of IFRS 9 265 — — — — — — — — — 265 At January 1, 2018 1,868 1,403 2,244 2,554 697 (745 ) (3,870 ) (584 ) — 1,979 5,546 (Charged)/Credited to the statements of income (154 ) (49 ) (941 ) 626 (252 ) 373 (2,051 ) 355 — (166 ) (2,259 ) Credited to other comprehensive income — — — — — — — — — 3 3 At December 31, 2018 1,714 1,354 1,303 3,180 445 (372 ) (5,921 ) (229 ) — 1,816 3,290 Impact on initial application of IFRS 16 — — — — — — — — 271 — 271 At January 1, 2019 1,714 1,354 1,303 3,180 445 (372 ) (5,921 ) (229 ) 271 1,816 3,561 Credited/(Charged) to the statements of income 204 (48 ) (933 ) 161 (64 ) 372 (2,651 ) 190 99 247 (2,423 ) Credited to other comprehensive income — — — — — — — — — 1 1 At December 31, 2019 1,918 1,306 370 3,341 381 — (8,572 ) (39 ) 370 2,064 1,139 Credited/(Charged) to the statements of income 575 (48 ) (370 ) 842 (64 ) — (2,527 ) 39 20 1,080 (453 ) Charged to other comprehensive income — — — — — — — — — (5 ) (5 ) At December 31, 2020 2,493 1,258 — 4,183 317 — (11,099 ) — 390 3,139 681 |
Summary of Temporary Differences | Deferred taxation as of year-end Note 2019 2020 Net deferred tax assets after offsetting: Deferred tax assets: Credit loss allowance 1,918 2,475 Unrecognized revaluation surplus on prepayments for the leasehold land determined under PRC regulations (i) 1,306 1,258 Deductible tax losses 370 — Accruals of expenses not yet deductible for tax purpose 3,341 4,183 Unrealized income from the transactions with Tower Company 381 317 Depreciation charge of right-of-use 370 390 Deferred revenue on subscriber points reward program 229 242 Unrealized income for the inter-company transactions 227 368 Government grants relating to assets 695 794 Intangible assets amortization difference 464 422 Others 555 1,409 9,856 11,858 Deferred tax liabilities: Accelerated depreciation of property, plant and equipment (iii) (8,572 ) (11,099 ) Contract costs (39 ) — Others (19 ) (14 ) (8,630 ) (11,113 ) 1,226 745 Net deferred tax liabilities after offsetting: Deferred tax assets: Credit loss allowance — 18 Deferred tax liabilities: Accelerated depreciation for tax purpose (87 ) (82 ) (87 ) (64 ) (i) The prepayments for the leasehold land were revalued for PRC tax purposes as of December 31, 2003 and 2004. However, the resulting revaluations of the prepayments for the leasehold land were not recognized under IFRSs. Accordingly, deferred tax assets were recorded by the Group under IFRSs. (ii) On October 14, 2015, The Group disposed tower assets (“Tower Assets Disposal”) to Tower Company in exchange for cash and shares issued by Tower Company (see Note 45). According to the applicable tax laws issued by the Ministry of Finance (“MOF”) and the SAT of the PRC, the gain from Tower Assets Disposal in exchange for investment in Tower Company (“Qualified Income”) is, upon fulfilling the filing requirement with in-charge in-charge (iii) According to “Announcement on Enterprise Income Tax Policy for Those Enterprise Involved in the Accelerated Depreciation of Property, Plant and Equipment” (Caishui [2014] No.75) issued by the MOF and the SAT of the PRC, starting from 2014, the Group’s property, plant and equipment that comply with this tax policy are allowed to be depreciated under the accelerated depreciation method, or fully deducted for tax purpose in the year of purchase. Temporary differences arise from the different useful lives under tax basis and accounting basis have been recorded as deferred tax liabilities. |
Earnings Per Share (Tables)
Earnings Per Share (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share: 2018 2019 2020 Numerator (in RMB millions): Income attributable to equity shareholders of the Company used in computing basic/diluted earnings per share 10,197 11,330 12,493 Denominator (in millions): Weighted average number of ordinary shares outstanding used in computing basic/diluted earnings per share 30,598 30,598 30,598 Basic/Diluted earnings per share (in RMB) 0.33 0.37 0.41 |
Property, Plant and Equipment (
Property, Plant and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Movements of Property, Plant and Equipment | The movements of property, plant and equipment for the years ended December 31, 2019 and 2020 are as follows: 2019 Buildings Tele- communications Office furniture, motor vehicles and Leasehold CIP Total Cost: At December 31, 2018 73,876 846,385 20,080 3,916 42,306 986,563 Impact on initial application of IFRS 16 (Note) — (461 ) — — — (461 ) At January 1, 2019 73,876 845,924 20,080 3,916 42,306 986,102 Additions 160 225 369 116 55,565 56,435 Transfer from CIP 1,279 36,871 839 194 (39,183 ) — Transfer to other assets — — — — (4,415 ) (4,415 ) Disposals (155 ) (49,597 ) (1,196 ) (498 ) (12 ) (51,458 ) End of year 75,160 833,423 20,092 3,728 54,261 986,664 Accumulated depreciation and impairment: At December 31, 2018 (34,222 ) (549,211 ) (15,559 ) (2,978 ) (118 ) (602,088 ) Impact on initial application of IFRS 16 (Note) — 118 — — — 118 At January 1, 2019 (34,222 ) (549,093 ) (15,559 ) (2,978 ) (118 ) (601,970 ) Charge for the year (2,744 ) (60,598 ) (1,226 ) (439 ) (5 ) (65,012 ) Disposals 126 45,956 1,127 498 12 47,719 End of year (36,840 ) (563,735 ) (15,658 ) (2,919 ) (111 ) (619,263 ) Net book value: End of year 38,320 269,688 4,434 809 54,150 367,401 At January 1, 2019 39,654 296,831 4,521 938 42,188 384,132 At December 31, 2018 39,654 297,174 4,521 938 42,188 384,475 Note: On the date of transition to IFRS 16, assets previously under finance leases of net book value RMB343 million previously included in “Property, plant and equipment” were adjusted to “Right-of-use 2020 Buildings Tele- communications Office furniture, motor vehicles and Leasehold CIP Total Cost: Beginning of year 75,160 833,423 20,092 3,728 54,261 986,664 Additions 34 767 306 173 67,647 68,927 Transfer from CIP 1,801 64,847 1,142 214 (68,004 ) — Transfer to other assets — — — — (5,649 ) (5,649 ) Disposals (337 ) (57,643 ) (1,285 ) (414 ) (4 ) (59,683 ) End of year 76,658 841,394 20,255 3,701 48,251 990,259 Accumulated depreciation and impairment: Beginning of year (36,840 ) (563,735 ) (15,658 ) (2,919 ) (111 ) (619,263 ) Charge for the year (2,680 ) (58,319 ) (1,222 ) (403 ) — (62,624 ) Disposals 277 53,881 1,239 414 4 55,815 End of year (39,243 ) (568,173 ) (15,641 ) (2,908 ) (107 ) (626,072 ) Net book value: End of year 37,415 273,221 4,614 793 48,144 364,187 Beginning of year 38,320 269,688 4,434 809 54,150 367,401 |
Right of use Assets (Table)
Right of use Assets (Table) | 12 Months Ended |
Dec. 31, 2020 | |
Schedule Of Information About Right Of Use Assets [Abstract] | |
Detailed Information About Right Of Use Assets | 2019 Buildings Tele- communications Land use Others Total Cost: At December 31, 2018 — — — — — Impact on initial application of IFRS 16 (Note) 14,110 35,631 13,504 643 63,888 At January 1, 2019 14,110 35,631 13,504 643 63,888 Additions 3,620 2,814 178 294 6,906 Disposals — (461 ) — — (461 ) End of year 17,730 37,984 13,682 937 70,333 Accumulated depreciation and impairment: At December 31, 2018 — — — — — Impact on initial application of IFRS 16 (Note) (4,962 ) (7,215 ) (4,214 ) (138 ) (16,529 ) At January 1, 2019 (4,962 ) (7,215 ) (4,214 ) (138 ) (16,529 ) Charge for the year (3,443 ) (7,308 ) (295 ) (146 ) (11,192 ) Disposals — 461 — — 461 End of year (8,405 ) (14,062 ) (4,509 ) (284 ) (27,260 ) Net book value: End of year 9,325 23,922 9,173 653 43,073 At January 1, 2019 9,148 28,416 9,290 505 47,359 Note: The Group has initially applied IFRS 16 using the modified retrospective approach and adjusted the opening balances at January 1, 2019 to recognize right-of-use On the date of transition to IFRS 16, assets previously under finance leases of net book value RMB343 million previously included in “Property, plant and equipment” and long-term prepayment for land use rights of net book value RMB9,290 million previously included in “Lease prepayments” were adjusted to “Right-of-use After initial recognition of right-of-use right-of-use Details of total cash outflow for leases and the maturity analysis of lease liabilities are set out in Notes 29(c) and 36, respectively. 2020 Buildings Tele- communications Land use Others Total Cost: Beginning of year 17,730 37,984 13,682 937 70,333 Additions 2,721 5,023 41 426 8,211 Disposals (4,584 ) (551 ) (14 ) (230 ) (5,379 ) End of year 15,867 42,456 13,709 1,133 73,165 Accumulated depreciation and impairment: Beginning of year (8,405 ) (14,062 ) (4,509 ) (284 ) (27,260 ) Charge for the year (3,885 ) (8,140 ) (298 ) (254 ) (12,577 ) Disposals 4,093 304 5 230 4,632 End of year (8,197 ) (21,898 ) (4,802 ) (308 ) (35,205 ) Net book value: End of year 7,670 20,558 8,907 825 37,960 Beginning of year 9,325 23,922 9,173 653 43,073 |
Investments in Subsidiaries (Ta
Investments in Subsidiaries (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Summary of Company's Subsidiaries | As of December 31, 2020, the details of the Company’s subsidiaries are as follows: Name Place and date of incorporation /establishment and nature of legal entity Percentage of equity interests held Particular of issued share capital/paid up capital Principal activities and place of operation Direct Indirect China United Network Communications Corporation Limited (“CUCL”) The PRC, April 21, 2000, limited liability company 100% — RMB 213,044,797,828 Telecommunications operation in the PRC China Unicom Global Limited Hong Kong, May 29, 2015, limited company 100% — HKD 2,625,097,491 Investment holding China Unicom (Hong Kong) Operations Limited Hong Kong, May 24, 2000, limited company — 100% HKD 1,510,100,000 Telecommunications service in Hong Kong China Unicom (Americas) Operations Limited USA, May 24, 2002, limited company — 100% 5,000 shares, USD100 each Telecommunications service in the USA China Unicom (Europe) Operations Limited The United Kingdom, November 8, 2006, limited company — 100% 4,861,000 shares, GBP1 each Telecommunications operation in the United Kingdom China Unicom (Japan) Operations Corporation Japan, January 25, 2007, limited company — 100% 1,000 shares, JPY366,000 each Telecommunications operation in Japan China Unicom (Singapore) Operations Pte Limited Singapore, August 5, 2009, limited company — 100% 30,000,000 shares, RMB1 each Telecommunications operation in Singapore China Unicom (South Africa) Operations (Pty) Limited South Africa, November 19, 2012, limited liability company — 100% 100 shares, ZAR 1 each Telecommunications operation in South Africa China Unicom (MYA) Operations Company Limited The Republic of the Union of Myanmar (“Myanmar”), June 7, 2013, limited liability company — 100% 2,150,000 shares, USD1 each Communications technology training in Myanmar China Unicom (Australia) Operations Pty Limited Australia, May 27, 2014, limited liability company — 100% 7,152,953 shares, AUD 1 each Telecommunications operation in Australia China Unicom (Russia) Operations Limited Liability Company Russia, December 28, 2016, limited liability company — 100% RUB10,000 Telecommunications service in Russia China Unicom (Brazil) Telecommunications Limited Brazil, June 23, 2016, limited liability company — 100% R$ 21,165,840 Telecommunications service in Brazil China Unicom (Brazil) Holdings Ltda. Brazil, October 27, 2017, limited liability company — 100% R$ 21,277,298 Investment holding China Unicom Operations (Thailand) Limited Thailand, November 20, 2017, limited liability company — 100% 40,000 shares, Baht100 each Telecommunications service in Thailand China Unicom Operations (Malaysia) Sdn. Bhd. Malaysia, November 10, 2017, limited liability company — 100% 3,200,000 shares, MYR1 each Telecommunications service in Malaysia China Unicom Operations Korea Co., Ltd Korea, November 24, 2017, limited liability company — 100% 60,000 shares, KRW5,000 each Telecommunications service in Korea China Unicom (Vietnam) Operations Company Limited Vietnam, April 19, 2018, limited liability company — 100% VND 2,276,000,000 Telecommunications service in Vietnam China Unicom (Cambodia) Operations Co.Ltd Cambodia, May 11, 2018, limited liability company — 100% 10,000 shares, Riels4,000 each Telecommunications service in Cambodia PT China Unicom Indonesia Operations Indonesia, October 25, 2019, limited liability company — 100% 20,000,000,001 shares, Rp1 each Telecommunications service in Indonesia China Unicom (Philippines) Operations Inc Philippines, November 6, 2019, limited liability company — 100% 103,012 shares, Php100 each Telecommunications service in Philippines Unicom Vsens Telecommunications Company Limited The PRC, August 19, 2008, limited liability company — 100% RMB 610,526,500 Sales of handsets, telecommunication equipment and provision of technical services in the PRC Unicom Digital Technology Co,.Ltd The PRC, April 30, 2006, limited liability company — 100% RMB 6,749,318,313.27 Provision of information communications technology services in the PRC China Unicom Online Information Technology Company Limited The PRC, March 29, 2006, limited liability company — 100% RMB 400,000,000 Provision of internet information services and value-added telecommunications services in the PRC Beijing Telecom Planning and Designing Institute Company Limited The PRC, April 25, 1996, limited liability company — 100% RMB 264,227,115 Provision of telecommunications network construction, planning and technical consulting services in the PRC China Information Technology Designing & Consulting Institute Company Limited The PRC, November 11, 1991, limited liability company — 100% RMB 430,000,000 Provision of consultancy, survey, design and contract services relating to information projects and construction projects in the telecommunications industry in the PRC China Unicom Information Navigation Company Limited The PRC, September 17, 1998, limited liability company — 100% RMB 6,825,087,800 Provision of customer services in the PRC Huaxia P&T Project Consultation and Management Company Limited The PRC, March 5, 1998, limited liability company — 100% RMB 50,100,000 Provision of project design consultation and monitoring in the PRC Zhengzhou Kaicheng Industrial Company Limited The PRC, December 21, 2005, limited liability company — 100% RMB 2,200,000 Provision of property management services in the PRC Unicompay Company Limited The PRC, April 11, 2011, limited liability company — 100% RMB 250,000,000 Provision of e-payment Beijing Wo Digital Media Advertising Co., Ltd The PRC, July 21, 2006, limited liability company — 100% RMB 20,000,000 Provision of advertising design, production, agency and publication in the PRC Guangdong Unicom Communication Construction Co., Ltd The PRC, May 28, 2013, limited liability company — 100% RMB 30,000,000 Provision of telecommunications network construction, maintenance and technical services in the PRC China Unicom Intelligence Security Technology Corporation Limited The PRC, August 15, 2007, limited liability company — 100% RMB 150,000,000 Provision of technical development and consultation in the PRC Unicom Cloud Data Company Limited The PRC, June 4, 2013, limited liability company — 100% RMB 4,000,000,000 Provision of technology development, transfer and consulting service in the PRC Unicom Innovation Investment Company Limited The PRC, April 29, 2014, limited liability company — 100% RMB 3,040,000,000 Venture capital investment business in the PRC Xiaowo Technology Co. Ltd The PRC, October 24, 2014, limited liability company — 100% RMB 200,000,000 Communications technology development and promotion in the PRC China Unicom Smart Connection Technology Company Limited The PRC, August 7, 2015, limited liability company — 68.88% RMB 246,796,148 Auto informatisation Unicom Intelligent Network Ruixing Technology (Beijing) Co., Ltd. The PRC, September 26, 2018, limited liability company — 55.10% RMB 10,000,000 Provision of technology promotion service of intelligent transportation system’s products in the PRC Unicom Intelligent Vehicle Technology (Shanghai) Co., Ltd The PRC, September 28, 2018, limited liability company — 68.88% RMB 10,000,000 Provision of technology development, technology consultation and other services in the PRC Finance Company The PRC, June 17, 2016, limited liability company — 91% RMB 3,000,000,000 Provision of financial services in the PRC China Unicom Innovation Investment Company (Shenzhen) Limited The PRC January 28, 2016, limited liability company — 100% RMB 200,000 Venture capital investment business in the PRC China Unicom Innovation Investment Company (Guizhou) Limited The PRC, October 8, 2016, limited liability company — 60% RMB 1,000,000 Venture capital investment business in the PRC China Unicom Innovation Investment (Shenzhen) Investment Centre The PRC, February 1, 2016, limited partnership — 100% RMB 79,300,000 Venture capital investment business in the PRC Unicom Big Data Co., Ltd. The PRC, August 24, 2017, limited liability company — 100% RMB 500,000,000 Provision of data processing service in the PRC Liantong Travel Service (Beijing) Company Limited The PRC, September 30, 2017, limited liability company — 100% RMB 30,000,000 Provision of tourism and information services in the PRC China Unicom (Guangdong Branch) Internet Industry Limited The PRC, January 5, 2017, limited liability company — 100% RMB 100,000,000 Provision of information communications technology services in the PRC China Unicom (Zhejiang) Industry Internet Company Limited The PRC, June 20, 2017, limited liability company — 100% RMB 11,000,000 Provision of information communications technology services in the PRC China Unicom (ShanDong) Industrial Internet Company Limited The PRC, March 3, 2017, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Fujian) Industrial Internet Company Limited The PRC, February 23, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Shanxi) Industrial Internet Company Limited The PRC, March 21, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom Xiongan Industrial Internet Company Limited The PRC, April 25, 2018, limited liability company — 100% RMB 15,000,000 Provision of information communications technology services in the PRC China Unicom (Sichuan) Industrial Internet Company Limited The PRC, March 29, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC China Unicom (Liaoning) Industrial Internet Company Limited The PRC, March 28, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Shaanxi) Industrial Internet Company Limited The PRC, March 27, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Jiangsu) Industrial Internet Company Limited The PRC, May 9, 2018, limited liability company — 100% RMB 26,200,000 Provision of information communications technology services in the PRC China Unicom (Shanghai) Industrial Internet Company Limited The PRC, March 13, 2018, limited liability company — 100% RMB 20,000,000 Provision of information communications technology services in the PRC China Unicom (Heilongjiang) Industrial Internet Company Limited The PRC, March 14, 2018, limited liability company — 100% RMB 50,000,000 Provision of information communications technology services in the PRC Henan Industrial Interconnection &Technology Co, Ltd The PRC, May 30, 2019, limited liability company — 40% RMB 53,000,000 Provision of information communications technology services in the PRC China Unicom Video Technology Co., Ltd. The PRC, January 17, 2018, limited liability company — 100% RMB 100,000,000 Provision of technology research and development, consultation and services of TV Video and Mobile Video in the PRC China Unicom Internet of Things Corporation Limited The PRC, March 16, 2018, limited liability company — 100% RMB 207,000,000 Provision of internet of things technology, system development and technical consultation, sales and maintenance of system and equipment and online data processing and transaction business in the PRC China Unicom High-tech Big Data Artificial Intelligence Technology (Chengdu) Co., Ltd. The PRC, March 29, 2018, limited liability company — 51% RMB 10,000,000 Provision of Big Data Service, cloud computation and infrastructure service in the PRC China Unicom iRead Science and Culture Co., Ltd. The PRC, April 28, 2018, limited liability company — 100% RMB 51,000,000 Provision of Online Video, Online Reading Material in the PRC China Unicom WO Music & Culture Co., Ltd. The PRC, May 8, 2018, limited liability company — 100% RMB 100,000,000 Provision of Network Music Service in the PRC China Unicom Leasing Co., Ltd. The PRC, April 11, 2018, limited liability company 25% 75% RMB 2,500,000,000 Provision of Financing leasing business in the PRC Yunjing Culture And Tourism Technology Co., LTD The PRC, February 27, 2019, limited liability company — 60% RMB 20,000,000 Provision of data analysis, processing and application services in the PRC Yundun Intelligent Security Technology Co., Ltd The PRC, November 11, 2019, limited liability company — 51% RMB 51,000,000 Provision of software development; technology promotion and development in the PRC Wobaifu Information Technology (Tianjin) Co., Ltd The PRC, April 17, 2020, limited liability company — 100% RMB 10,000,000 Provision of software and information technology service in the PRC Changchun FAW Communications Technology Co., Ltd. The PRC, September 27, 2002, limited liability company — 51% RMB 86,458,600 Telecommunications operation in the PRC Yichun Digital Economy Industry Operation Co., Ltd The PRC, December 14, 2020, limited liability company — 51% Not applicable Provision of technology development, technology consultation and other services in the PRC |
Interest in Associates (Tables)
Interest in Associates (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Statement [LineItems] | |
Summary of Share of Net Assets in Associates | 2019 2020 Share of net assets 36,445 38,802 |
Summary of Particulars of Material Associate | The following list contains the particulars of a material associate as of December 31, 2020: Name Form of business structure Place of incorporation and business Proportion of ownership interest held by a subsidiary Paid up capital Principal activities Tower Company Incorporated The PRC 20.65 % RMB 176,008,471,024 Construction, maintenance and operation of communications towers in the PRC (Note 45.2) |
Summary of Financial Information of Material Associate | Summarized financial information of the material associate, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below: Tower Company 2019 2020 Current assets 40,995 43,204 Non-current 297,072 294,176 Current liabilities (128,364 ) (106,635 ) Non-current (27,142 ) (44,499 ) Equity (182,561 ) (186,246 ) Revenue 76,428 81,099 Income for the year 5,221 6,427 Total comprehensive income for the year 5,221 6,427 Reconciled to the Group’s interest in the associate: Net assets of the associate 182,561 186,246 The Group’s effective interest 20.65 % 20.65 % 37,697 38,460 Adjustment for the remaining balance of the deferred gain from the Group’s Tower Assets Disposal (1,521 ) (1,262 ) Carrying amount in the consolidated financial statements 36,176 37,198 |
Summary of Fair Values of Interests in Associates Based on Quoted Market Prices Without any Deduction for Transaction Costs | As of December 31, As of December 31, Carrying Fair Carrying Fair Interest in listed associate-Tower Company 36,176 56,000 37,198 34,873 |
Interest in Joint Ventures (Tab
Interest in Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Investments accounted for using equity method [abstract] | |
Summary of Interests In Joint Venture | 2019 2020 Share of net assets 4,771 5,656 |
Summary of Company's Interest in Joint Venture | The following list contains the particulars of a material joint venture, which is unlisted corporate entity which has no available quoted market price as of December 31, 2020: Name Form of Place of Proportion of Paid up capital Principal activities Merchants Union Consumer Finance Company Limited (“MUCFC”) Incorporated The PRC 50 % RMB 3,868,960,000 Consumer finance consulting in the PRC |
Summary of Financial Information of Material Joint Venture | Summarized financial information of the material joint venture, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below: MUCFC 2019 2020 Assets 92,697 108,311 Liabilities (83,337 ) (97,283 ) Equity (9,360 ) (11,028 ) Revenue 10,740 12,651 Income for the year 1,466 1,668 Total comprehensive income for the year 1,466 1,668 Included in above income: Interest income 13,055 15,710 Interest expense (3,178 ) (3,059 ) Income tax expense (426 ) (728 ) Reconciled to the Group’s interests in the joint venture: Net assets of the joint venture 9,360 11,028 The Group’s effective interest 50 % 50 % Carrying amount in the consolidated financial statements 4,680 5,514 |
Contract Assets and Contract _2
Contract Assets and Contract Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Contract Assets | 2019 2020 Contract assets from bundle sales of mobile handsets and provision of service, net of allowance 1,856 832 Others 47 94 Sub-total 1,903 926 Less: Current portion (1,308 ) (823 ) 595 103 |
Summary of Contract Liabilities | Note 2019 2020 Advances received from customers for future services (i) 39,498 41,537 Others 1,150 1,104 40,648 42,641 (i) Contract liabilities primarily arises from relates to the considerations received from customers before the Group satisfying performance obligations. It would be recognized as revenue upon the rendering of services. Almost all of the contract liability balance as of December 31, 2018 and 2019 was recognized as revenue for the year ended December 31, 2019 and 2020. |
Contract Costs (Tables)
Contract Costs (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Schedule of Contract Costs | Note 2019 2020 Direct incremental costs of broadband and IPTV service (i) 3,079 2,410 Sales commissions (ii) 1,844 1,262 4,923 3,672 (i) Direct incremental costs for activating broadband and IPTV subscribers mainly include the costs of installing broadband and IPTV terminals at customer’s homes for the provision of broadband and IPTV services, and are amortized over the expected service period. The amount of capitalized direct incremental costs for activating broadband and IPTV subscribers recognized in profit or loss during the year was RMB2,524 million (2019: RMB2,891 million). The amount of capitalized direct incremental costs for activating broadband and IPTV subscribers that is expected to be recovered after more than one year is RMB719 million (2019: RMB893 million). (ii) Sales commissions are paid to agents whose selling activities resulted in new customers entering into contracts with the Group. The amount of capitalized sales commissions recognized in profit or loss during the year was RMB1,152 million (2019: RMB1,472 million). There was no significant impairment in relation to the opening balance of capitalized costs or the costs capitalized during the year (2019: Nil). The amount of capitalized sales commissions that is expected to be recovered after more than one year is RMB396 million (2019: RMB811 million). |
Financial Assets Measured at _2
Financial Assets Measured at Fair Value (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Financial Asset at Fair Value | Note 2019 2020 Non-current Equity securities measured at FVOCI (non-recycling) (i) 3,323 1,838 Financial assets measured at FVPL (ii) 568 934 Debt securities measured at FVOCI (recycling) (iii) — 721 3,891 3,493 Current portion: Financial assets measured at FVPL (ii) 202 1,560 Debt securities measured at FVOCI (recycling) (iii) — 22,629 202 24,189 4,093 27,682 |
Summary of Financial Assets at Fair Value through Other Comprehensive Income | (i) Equity securities measured at FVOCI (non-recycling): Note 2019 2020 Listed in the PRC 143 114 Listed outside the PRC 42 3,125 1,672 Unlisted 55 52 3,323 1,838 (ii) Financial assets measured at FVPL represent certain equity investments, investments in monetary funds and wealth management products. (iii) Debt securities measured at FVOCI (recycling) represent certain debt investments issued by banks and the investments are held within a business model whose objective is achieved by both the collection of contractual cash flows and sale. |
Short-term Bank Deposits, Restr
Short-term Bank Deposits, Restricted Deposits and Other Financial Assets Measured at Amortised Costs (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Short-term Bank Deposits, Restricted Deposits and Other Financial Assets Measured at Amortised Costs | 2019 2020 Short-term bank deposits — 6,900 Restricted deposits 3,716 5,089 3,716 11,989 |
Other Assets (Tables)
Other Assets (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Other Assets | Note 2019 2020 Intangible assets (i) 11,324 10,974 Prepaid services charges for transmission lines and electricity cables and other services 995 1,281 VAT recoverable (ii) 216 442 Others 1,273 1,894 13,808 14,591 (i) Intangible assets Computer software Others Total Cost: At January 1, 2019 28,956 3,405 32,361 Additions 174 21 195 Transfer from CIP 3,956 205 4,161 Disposals (1,728 ) (53 ) (1,781 ) At December 31, 2019 31,358 3,578 34,936 Additions 145 13 158 Transfer from CIP 4,097 399 4,496 Disposals (3,596 ) (103 ) (3,699 ) At December 31, 2020 32,004 3,887 35,891 Accumulated amortization and impairment: At January 1, 2019 (19,745 ) (1,460 ) (21,205 ) Amortization charge for the year (3,736 ) (427 ) (4,163 ) Disposals 1,708 48 1,756 At December 31, 2019 (21,773) (1,839) (23,612) Amortization charge for the year (4,331 ) (509 ) (4,840 ) Disposals 3,447 88 3,535 At December 31, 2020 (22,657 ) (2,260 ) (24,917 ) Net book value: At December 31, 2020 9,347 1,627 10,974 At December 31, 2019 9,585 1,739 11,324 (ii) VAT recoverable includes input VAT and prepaid VAT which will likely be deducted beyond one year. VAT recoverable which will be deducted within one year are included in “Prepayments and other current assets”. See Note 28(i). |
Inventories and Consumables (Ta
Inventories and Consumables (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Inventories and Consumables | 2019 2020 Handsets and other telecommunication products 2,027 1,682 Consumables 16 1 Others 316 268 2,359 1,951 |
Accounts Receivable (Tables)
Accounts Receivable (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Statement [LineItems] | |
Summary of Information about Groups Exposure to Credit Risk and Expected Credit Loss for Account Receivables | For individual subscribers and general corporate customers Expected Gross carrying Loss Current (not past due) 6 % 2,929 (175 ) 1 - 90 days past due 50 % 1,363 (683 ) 91 - 180 days past due 90 % 840 (755 ) More than 180 days past due 100 % 2,250 (2,250 ) 7,382 (3,863 ) For major corporate customers Expected Gross carrying Loss Current (not past due) 4 % 9,602 (372 ) Within 1 year past due 15 % 4,517 (674 ) 1 - 2 years past due 48 % 1,037 (498 ) 2 - 3 years past due 88 % 795 (699 ) More than 3 years past due 100 % 1,268 (1,262 ) 17,219 (3,505 ) For individual subscribers and general corporate customers Expected Gross carrying Loss Current (not past due) 6 % 2,696 (161 ) 1 - 90 days past due 50 % 1,195 (599 ) 91 - 180 days past due 90 % 711 (637 ) More than 180 days past due 100 % 2,147 (2,147 ) 6,749 (3,544 ) For major corporate customers Expected Gross carrying Loss Current (not past due) 5 % 6,641 (332 ) Within 1 year past due 24 % 7,899 (1,867 ) 1 - 2 years past due 68 % 2,020 (1,382 ) 2 - 3 years past due 89 % 942 (839 ) More than 3 years past due 100 % 1,758 (1,758 ) 19,260 (6,178 ) |
Accounts receivables [member] | |
Statement [LineItems] | |
The disclosure of current trade receivables | 2019 2020 Accounts receivable 24,601 26,009 Less: Credit loss allowance (7,368 ) (9,722 ) 17,233 16,287 |
Summary of Aging Analysis of Accounts Receivable | The aging analysis of accounts receivable, based on the billing date and net of credit loss allowance, is as follows: 2019 2020 Within one month 9,472 8,963 More than one month to three months 2,545 2,766 More than three months to one year 3,881 3,914 More than one year 1,335 644 17,233 16,287 |
Summary of Movement in Allowance for Doubtful Debts | The movement in the credit loss allowance in respect of accounts receivable during the year, is as follows: 2018 2019 2020 Balance, beginning of year 5,210 6,709 7,368 Impact on initial application of IFRS 9 (2014) (Note2.2(c)) 1,118 — — Allowance for the year 3,300 3,128 5,097 Written-off (2,919 ) (2,469 ) (2,743 ) Balance, end of year 6,709 7,368 9,722 |
Prepayments and Other Current_2
Prepayments and Other Current Assets (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Prepayments and Other Current Assets | The nature of prepayments and other current assets, net of credit loss allowance, are as follows: Note 2019 2020 Prepaid services charges for transmission lines and electricity cables and other services 2,053 3,549 Prepaid power and water charges 648 625 Deposits and prepayments 2,068 3,607 VAT recoverable (i ) 5,286 5,726 Prepaid enterprise income tax 329 12 Others 2,072 2,363 12,456 15,882 (i) VAT recoverable includes the input VAT and prepaid VAT that can be deducted within one year. |
Cash And Cash Equivalents And_2
Cash And Cash Equivalents And Other Cash Flow Information (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Cash and Cash Equivalents | (a) Cash and cash equivalents 2019 2020 Cash at bank and in hand 34,945 23,085 |
Summary of Reconciliation of Liabilities Arising from Financing Activities | The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash Short-term Long-term Commercial Promissory notes Corporate Finance Other Total At January 1, 2018 22,500 3,883 8,991 17,960 17,981 692 4,116 76,123 Changes from financing cash flows: Proceeds from short-term bank loans 53,306 — — — — — — 53,306 Loans from related parties — — — — — — 3,090 3,090 Repayment of commercial papers — — (9,000 ) — — — — (9,000 ) Repayment of short-term bank loans (60,730 ) — — — — — — (60,730 ) Repayment of long-term bank loans — (435 ) — — — — — (435 ) Repayment of ultimate holding company loan — — — — — — (1,344 ) (1,344 ) Repayment of related parties loan — — — — — — (475 ) (475 ) Repayment of finance lease — — — — — (493 ) — (493 ) Repayment of promissory notes — — — (18,000 ) — — — (18,000 ) Payment of issuing expense for promissory notes — — — (67 ) — — — (67 ) Net deposits by Unicom Group and its subsidiaries with Finance Company — — — — — — 2,354 2,354 Total changes from financing cash flows (7,424 ) (435 ) (9,000 ) (18,067 ) — (493 ) 3,625 (31,794 ) Exchange adjustments 9 77 — — — — — 86 Other changes: New financing leases — — — — — 10 — 10 Others — 89 9 107 12 31 — 248 Total other changes — 89 9 107 12 41 — 258 At December 31, 2018 15,085 3,614 — — 17,993 240 7,741 44,673 Short-term Long-term Commercial Promissory notes Corporate Finance Lease liabilities Other Total (Note 39) (Note 33) (Note 40) (Note 34) (Note 35) (Note 36) At December 31, 2018 15,085 3,614 — — 17,993 240 — 7,741 44,673 Impact on initial application of IFRS 16 (Note) — — — — — (240 ) 36,720 — 36,480 At January 1, 2019 15,085 3,614 — — 17,993 — 36,720 7,741 81,153 Changes from financing cash flows: Proceeds from short-term bank loans 28,784 — — — — — — — 28,784 Proceeds from commercial papers — — 8,995 — — — — — 8,995 Proceeds from promissory notes — — — 992 — — — — 992 Proceeds from corporate bonds — — — — 2,000 — — — 2,000 Loans from related parties — — — — — — — 50 50 Repayment of short-term bank loans (38,290 ) — — — — — — — (38,290 ) Repayment of long-term bank loans — (418 ) — — — — — — (418 ) Repayment of related parties loan — — — — — — — (48 ) (48 ) Repayment of corporate bonds — — — — (17,000 ) — — — (17,000 ) Capital element of lease rentals paid — — — — — — (11,123 ) — (11,123 ) Net deposits with Finance Company by related parties — — — — — — — 236 236 Total changes from financing cash flows (9,506 ) (418 ) 8,995 992 (15,000 ) — (11,123 ) 238 (25,822 ) Exchange adjustments (15 ) 27 — — — — — — 12 Other changes: Increase in lease liabilities from entering into new leases during the year — — — — — — 6,728 — 6,728 Others — 83 — 6 5 — — — 94 Total other changes — 83 — 6 5 — 6,728 — 6,822 At December 31, 2019 5,564 3,306 8,995 998 2,998 — 32,325 7,979 62,165 Note: The Group has initially applied IFRS16 using the modified retrospective approach and adjusted the opening balance at January 1, 2019 to recognize lease liabilities relating to leases which were previously classified as operating leases under IAS17. Short-term Long-term Commercial Promissory Corporate Lease Other Total (Note 39) (Note 33) (Note 40) (Note 34) (Note 35) (Note 36) At January 1, 2020 5,564 3,306 8,995 998 2,998 32,325 7,979 62,165 Changes from financing cash flows: Proceeds from short-term bank loans 2,740 — — — — — — 2,740 Proceeds from commercial papers — — 8,000 — — — — 8,000 Repayment of short-term bank loans (7,564 ) — — — — — — (7,564 ) Repayment of commercial papers — — (10,000 ) — — — — (10,000 ) Repayment of long-term bank loans — (395 ) — — — — — (395 ) Repayment of related parties loan — — — — — — (50 ) (50 ) Payment of issuing expense for commercial papers — — (7 ) — — — — (7 ) Capital element of lease rentals paid — — — — — (11,696 ) — (11,696 ) Net deposits with Finance Company by related parties — — — — — — 283 283 Total changes from financing cash flows (4,824 ) (395 ) (2,007 ) — — (11,696 ) 233 (18,689 ) Exchange adjustments — (88 ) — — — — — (88 ) Other changes: Increase in lease liabilities from entering into new leases during the year — — — — — 8,170 — 8,170 Decrease due to termination of lease contracts — — — — — (838 ) — (838 ) Others — 77 12 — 1 — — 90 Total other changes — 77 12 — 1 7,332 — 7,422 At December 31, 2020 740 2,900 7,000 998 2,999 27,961 8,212 50,810 |
Disclosure Of Total Cash Outflow For Leases Explanatory | (c) Total cash outflow for leases Amounts included in the consolidated statements of cash flows for leases comprise the following: 2019 2020 Within operating cash flows 7,798 7,971 Within investing cash flows 178 41 Within financing cash flows 11,123 11,696 19,099 19,708 |
Share Capital (Tables)
Share Capital (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Share Capital | Issued and fully paid: Number of shares millions Share capital At January 1, 2018 and December 31, 2018, 2019 and 2020 30,598 254,056 |
Dividends (Tables)
Dividends (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Proposed Final Dividend | 2019 2020 Proposed final dividend: RMB0.164 (2019: RMB0.148) per ordinary share by the Company 4,529 5,018 |
Long-Term Bank Loans (Tables)
Long-Term Bank Loans (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Long-Term Bank Loans | Interest rates and final maturity 2019 2020 RMB denominated bank loans Fixed interest rates ranging from 1.08% to 1.20% (2019: 1.08% to 1.20%) per annum with maturity through 2036 (2019: maturity through 2036) 3,032 2,678 USD denominated bank loans Fixed interest rates ranging from Nil to 1.55% (2019: Nil to 1.55%) per annum with maturity through 2039 (2019: maturity through 2039) 232 204 Euro denominated bank loans Fixed interest rates ranging from 1.10% to 2.50% (2019: 1.10% to 2.50%) per annum with maturity through 2034 (2019: maturity through 2034) 42 18 Sub-total 3,306 2,900 Less: Current portion (437 ) (418 ) 2,869 2,482 |
Summary of Repayment Schedule of Long-Term Bank Loans | The repayment schedule of the long-term bank loans is as follows: 2019 2020 Balances due: - no later than one year 437 418 - later than one year and no later than two years 413 444 - later than two years and no later than five years 1,183 1,072 - later than five years 1,273 966 3,306 2,900 Less: Portion classified as current liabilities (437 ) (418 ) 2,869 2,482 |
Lease Liabilities (Tables)
Lease Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Presentation of leases for lessee [abstract] | |
Summary of Remaining Contractual Maturities of Group's Lease Liabilities | As of December 31, 2019 and 2020, the lease liabilities were repayable as follows: 2019 2020 Present value of Total minimum Present value of Total minimum Within 1 year: 10,790 11,085 11,503 11,757 After 1 year but within 2 years 9,602 10,183 9,770 10,352 After 2 years but within 5 years 10,871 12,112 5,575 6,203 After 5 years 1,062 1,430 1,113 1,498 21,535 23,725 16,458 18,053 32,325 34,810 27,961 29,810 Less: total future interest expenses (2,485 ) (1,849 ) Present value of lease liabilities 32,325 27,961 |
Deferred Revenue (Tables)
Deferred Revenue (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Deferred Revenue | 2019 2020 Balance at beginning of the year 3,687 4,851 Additions for the year - government grants 1,017 915 - others 985 1,204 Sub-total 2,002 2,119 Reductions for the year - recognition of government grants in profit or loss (469 ) (591 ) - others (369 ) (452 ) Sub-total (838 ) (1,043 ) Balance at end of the year 4,851 5,927 |
Other Obligations (Tables)
Other Obligations (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Other Obligations | Note 2019 2020 One-off (a ) 2,496 2,496 Others 282 131 Sub-total 2,778 2,627 Less: Current portion (2,604 ) (2,529 ) 174 98 (a) One-off Certain staff quarters, prior to 1998, were sold to certain of the Group’s employees at preferential prices, subject to a number of eligibility requirements. In 1998, the State Council issued a circular which stipulated that the sale of quarters to employees at preferential prices should be terminated. In 2000, the State Council issued a further circular stating that cash subsidies should be made to certain eligible employees following the withdrawal of the allocation of staff quarters. However, the specific timetable and procedures for the implementation of these policies were to be determined by individual provincial or municipal governments based on the particular situation of the provinces or municipality. Based on the relevant detailed local government regulations promulgated, certain entities within the Group adopted cash housing subsidy plans. In accordance with these plans, for those eligible employees who had not been allocated with quarters or who had not been allocated with quarters up to the prescribed standards before the discounted sales of quarters were terminated, the Group determined to pay them one-off In January 2009, through the absorption of China Netcom (Group) Company Limited (“CNC China”) by CUCL and the absorption of China Network Communications Group Corporation (“Netcom Group”) by Unicom Group, the rights and obligations formerly undertaken by CNC China and Netcom Group were taken over by CUCL and Unicom Group separately. As of December 31, 2020, the Group’s unpaid one-off one-off |
Short-term Bank Deposits and _2
Short-term Bank Deposits and Restricted Deposits (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Short-Term Bank Loans | Interest rates and final maturity 2019 2020 RMB denominated bank loans Fixed interest rates are 1.85% (2019: 2.15% to 3.92%) per annum with maturity through 2021 (2019: maturity through 2020) 5,564 740 |
Accounts Payable and Accrued _2
Accounts Payable and Accrued Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Accounts Payable and Accrued Liabilities | 2019 2020 Payables to contractors and equipment suppliers 63,390 73,046 Payables to telecommunications products suppliers 5,096 3,779 Customer/contractor deposits 5,771 5,723 Repair and maintenance expense payables 5,129 5,261 Salary and welfare payables 7,249 12,248 Interest payable 101 115 Amounts due to technical support services and other service providers/content providers 3,988 4,852 VAT received from customer in advance 3,052 2,746 Accrued expenses 16,486 17,186 Others 7,263 9,481 117,525 134,437 |
Summary of Aging Analysis of Accounts Payables and Accrued Liabilities | The aging analysis of accounts payables and accrued liabilities is based on the invoice date as follows: 2019 2020 Less than six months 101,324 116,553 Six months to one year 9,250 8,846 More than one year 6,951 9,038 117,525 134,437 |
Material Related Party Transa_2
Material Related Party Transactions (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Connected transactions with Unicom Group and its subsidiaries [member] | |
Statement [LineItems] | |
Summary of Transactions Between Related Parties | (a) Recurring transactions The following is a summary of significant recurring transactions carried out by the Group with Unicom Group and its subsidiaries. In the directors’ opinion, these transactions were carried out in the ordinary course of business. Note 2018 2019 2020 Transactions with Unicom Group and its subsidiaries: Charges for value-added telecommunications services (i), (ii) 43 69 188 Rental charges for short-term property leasing and related services charges (i), (iii) 1,033 989 999 Charges for short-term lease of telecommunications resources and related services (i), (iv) 277 290 283 Charges for engineering design and construction services (i), (v) 2,055 1,537 2,034 Charges for shared services (i), (vi) 77 77 77 Charges for materials procurement services (i), (vii) 34 20 47 Charges for ancillary telecommunications services (i), (viii) 2,905 2,417 2,735 Charges for comprehensive support services (i), (ix) 1,231 1,052 979 Income from comprehensive support services (i), (ix) 83 203 229 Lending by Finance Company to Unicom Group and its subsidiary (i), (xi) 13,558 11,434 16,500 Repayment of loans lending by Finance Company to Unicom Group (i), (xi) 6,354 11,134 13,704 Interest income from lending services (i), (xi) 150 370 387 (i) On November 25, 2016, CUCL entered into the agreement, “2017-2019 Comprehensive Services Agreement” with Unicom Group to renew certain continuing connected transactions. “2017-2019 Comprehensive Services Agreement” has a term of three years commencing on January 1, 2017 and expired on December 31, 2019. On October 21, 2019, CUCL and Unicom Group entered into the “2020-2022 Comprehensive Services Agreement”. The services are existing continuing connected transactions and their respective terms are substantially the same as those set out in the “2017-2019 Comprehensive Services Agreement”, and the service fees payable shall be calculated on the same basis as under previous agreement. (ii) UNISK (Beijing) Information Technology Corporation Limited (“UNISK”) agreed to provide the mobile subscribers of CUCL with various types of value-added services through its cellular communications network and data platform. The Group retains a portion of the revenue generated from the value-added services provided to the Group’s subscribers (and actually received by the Group) and allocates a portion of such fees to UNISK for settlement, on the condition that such proportion allocated to UNISK does not exceed the average proportion allocated to independent value-added telecommunications content providers who provide value-added telecommunications content to the Group in the same region. The percentage of revenue to be allocated to UNISK by the Group varies depending on the types of value-added service provided to the Group. (iii) CUCL and Unicom Group agreed to mutually lease properties and ancillary facilities from each other. Rentals are based on the lower of the market rates and the depreciation costs and taxes. (iv) Unicom Group agreed to lease to CUCL certain international telecommunications resources (including international telecommunications channel gateways, international telecommunications service gateways, international submarine cable capacity, international land cables and international satellite facilities) and certain other telecommunications facilities for its operations. The rental charges for the leasing of international telecommunications resources and other telecommunications facilities are based on the annual depreciation charges of such resources and facilities provided that such charges would not be higher than market rates. For maintenance service to the telecommunications facilities aforementioned, unless otherwise agreed by CUCL and Unicom Group, such maintenance service charges would be borne by CUCL and determined with reference to market rates or a cost-plus basis if there are no market rates. (v) Unicom Group agreed to provide engineering design, construction and supervision services and IT services to CUCL. The charges payable by CUCL for the above services are determined with reference to the market price and are settled when the relevant services are provided. (vi) Unicom Group and CUCL agreed to provide shared services to each other and would share the costs related to the shared services proportionately in accordance with their respective total assets value with certain adjustments. For the year ended December 31, 2020, the services charges paid by Unicom Group to CUCL was negligible. (vii) Unicom Group agreed to provide comprehensive procurement services for imported and domestic telecommunications materials and other domestic non-telecommunications (viii) Unicom Group agreed to provide ancillary telecommunications services to CUCL. These services include certain telecommunications pre-sale, on-sale (ix) Unicom Group and CUCL agreed to provide comprehensive support services to each other, including dining services, facilities leasing services (excluding those facilities mentioned in (iv) above), vehicle services, health and medical services, labor services, security services, hotel and conference services, gardening services, decoration and renovation services, sales services, construction agency, equipment maintenance services, market development, technical support services, research and development services, sanitary services, parking services, staff trainings, storage services, advertising services, marketing, property management services, information and communications technology services (including construction and installation services, system integration services, software development, product sales and agent services, operation and maintenance services, and consultation services). The charges are based on market rates, government guidance price or cost-plus basis and are settled as and when the relevant services are provided. (x) Unicom Group is the registered proprietor of the “Unicom” trademark in English and the trademark bearing the “Unicom” logo, which are registered at the PRC State Trademark Bureau. Pursuant to an exclusive PRC trademark license agreement between Unicom Group and the Group, the Group has been granted the right to use these trademarks on a royalty free and renewal basis. (xi) Finance Company has agreed to provide financial services to Unicom Group and its subsidiaries, including deposit services, lending and other credit services, and other financial services. For the lending services from Finance Company to Unicom Group and its subsidiaries, the interest rate will follow the interest rate standard promulgated by the PBOC, and will be no less than the minimum interest rate offered to other clients for the same type of loan, and the applicable interest rate offered to Unicom Group by the general commercial banks in PRC for the same type of loan. |
China United Network Communications Group Company Limited and its subsidiaries [member] | |
Statement [LineItems] | |
Summary of Transactions Between Related Parties | (a) Related party transactions Note 2018 2019 2020 Transactions with Unicom Group and its subsidiaries: Unsecured entrusted loan from A Share Company (i) 3,042 — — Repayment of unsecured entrusted loan to Unicom Group (ii) 1,344 — — Interest expenses on unsecured entrusted loan (i), (ii) 10 132 132 Loan from a related party (iii) 48 — — Repayment of loan from a related party (iii) 435 48 — Interests expenses on loan from a related party (iii) 12 — — Net deposits by Unicom Group and its subsidiaries with (iv) 2,336 258 233 Interest expenses on the deposits in Finance Company (iv) 93 64 74 (i) On December 26, 2018, the Group borrowed an unsecured entrusted loan from A Share Company of RMB3,042 million with a maturity period of 5 years and interest rate at 4.28% per annum. (ii) On February 27, 2017, the Group borrowed an unsecured entrusted loan from Unicom Group of RMB1,344 million with a maturity period of 1 year and interest rate at 3.92% per annum, which was fully repaid in February 2018. (iii) On December 21, 2017, the Group borrowed a loan from Unicom Group BVI of RMB435 million with a maturity period of 1 year and floating interest rate at 1 year HIBOR plus 1.2%, which was fully repaid in December 2018. On December 28, 2018, the Group borrowed a loan from Unicom Group BVI of RMB48 million with a maturity period of 1 year, of which RMB46 million with a maturity period of 1 year and interest rate at 4.77% per annum and HKD2 million with a maturity period of 1 year and floating interest rate at 1 year HIBOR plus 1.11%, and the loan was fully repaid in January 2019. (iv) Finance Company has agreed to provide financial services to Unicom Group and its subsidiaries. For the deposit services, the interest rate for deposits placed by Unicom Group and its subsidiaries will be no more than the maximum interest rate promulgated by the PBOC for the same type of deposit, the interest rate for the same type of deposit offered to other clients and the applicable interest rate offered by the general commercial banks in PRC for the same type of deposit. |
Contingencies and Commitments (
Contingencies and Commitments (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Text block [abstract] | |
Summary of Capital Commitments | As of December 31, 2019 and 2020, the Group had capital commitments, mainly in relation to the construction of telecommunications network, as follows: 2019 2020 Land and Equipment Total Land and Equipment Total Authorized and contracted for 3,014 20,860 23,874 2,582 23,500 26,082 Authorized but not contracted for 7,905 39,740 47,645 8,314 39,487 47,801 10,919 60,600 71,519 10,896 62,987 73,883 |
China Unicom (Hong Kong) Limi_2
China Unicom (Hong Kong) Limited (Parent Company) (Tables) | 12 Months Ended |
Dec. 31, 2020 | |
Statement [LineItems] | |
Condensed Statements of Financial Position | Condensed Statements of Financial Position As of December 31 2019 2020 2020 RMB RMB US$ (Unaudited) ASSETS Non-current Property, plant and equipment 3 3 1 Investments in subsidiaries 237,426 237,426 36,387 Loan to a subsidiary 12,241 5,300 812 Right-of-use 31 10 2 Financial assets measured at fair value 3,125 1,672 256 252,826 244,411 37,458 Current assets Current portion of loan to a subsidiary — 6,492 995 Amounts due from subsidiaries 230 215 33 Dividend receivable 15,804 15,617 2,393 Prepayments and other current assets 22 171 26 Cash and cash equivalents 796 989 152 16,852 23,484 3,599 Total assets 269,678 267,895 41,057 EQUITY Equity attributable to equity shareholders of the Company Share capital 254,056 254,056 38,936 Reserves (7,461 ) (8,914 ) (1,366 ) Retained profits - Proposed final dividend 4,529 5,018 769 - Others 17,492 17,575 2,693 Total equity 268,616 267,735 41,032 LIABILITIES Non-current Lease liabilities 10 — — 10 — — Current liabilities Lease liabilities 21 10 2 Accounts payable and accrued liabilities 90 89 14 Loan from a subsidiary — 60 9 Amount due to a subsidiary — 1 — Taxes payable 21 — — Dividend payable 920 — — 1,052 160 25 Total liabilities 1,062 160 25 Total equity and liabilities 269,678 267,895 41,057 Net current assets 15,800 23,324 3,574 Total assets less current liabilities 268,626 267,735 41,032 |
Condensed Statements of Comprehensive Income | Condensed Statements of Comprehensive Income Year ended December 31 2018 2019 2020 2020 RMB RMB RMB US$ (Unaudited) Dividend income 3,296 14,697 5,201 797 General and administrative expenses (61 ) (49 ) (62 ) (10 ) Interest income 535 407 402 62 Finance costs 80 100 (481 ) (74 ) Other income-net 1 8 1 1 Income before income tax 3,851 15,163 5,061 776 Income tax expenses (20 ) (57 ) 40 6 Net income 3,831 15,106 5,101 782 Other comprehensive income: Change in fair value of financial assets through other comprehensive income-net (372 ) (573 ) (1,453 ) (223 ) Total comprehensive income for the year 3,459 14,533 3,648 559 |
Condensed Statements of Cash Flows | Condensed Statements of Cash Flows Year ended December 31 2018 2019 2020 2020 RMB RMB RMB US$ (Unaudited) Net cash outflow from operating activities (62 ) (106 ) (174 ) (27 ) Net cash inflow from investing activities 3,987 76 851 131 Net cash outflow from financing activities (4,206 ) (132 ) (430 ) (66 ) - Dividend paid to equity shareholders of the Company (1,591 ) (793 ) (883 ) (135 ) Net (decrease)/increase in cash and cash equivalents (281 ) (162 ) 247 38 Cash and cash equivalents at beginning of year 1,229 969 796 122 Effect of changes in foreign exchange rate 21 (11 ) (54 ) (8 ) Cash and cash equivalents at end of year 969 796 989 152 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies - Additional Information (Detail) ¥ in Millions, $ in Millions | Jan. 01, 2018CNY (¥) | Dec. 31, 2020CNY (¥)ExchangeRate | Dec. 31, 2020USD ($)ExchangeRate | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Line items representing significant accounting policies [Line Items] | |||||
Amount current liabilities of the Group exceeded current assets | ¥ (113,392) | $ (17,378) | ¥ (121,595) | ¥ (165,900) | |
Foreign exchange currency rate, RMB per US$1.00 | ExchangeRate | 6.5250 | 6.5250 | |||
Present value of the defined benefit obligation | ¥ 75 | ¥ 70 | |||
Impact on initial application of IFRS 9 (2014) [member] | Reserves and retained profits [member] | |||||
Line items representing significant accounting policies [Line Items] | |||||
Recognition of additional expected credit losses on: - financial assets measured at amortized cost | ¥ 1,118 | ||||
Related tax | 265 | ||||
Net increase (decrease) in retained profits and reserves | ¥ (853) | ||||
Revolving banking facilities [member] | |||||
Line items representing significant accounting policies [Line Items] | |||||
Revolving banking facilities | 352,400 | ||||
Unutilized revolving banking facilities | ¥ 348,400 |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies - Summary of Opening Balance Adjustments Recognized in the Consolidated Statement of Financial Position Impacted by IFRS 9 (2014) and IFRS 15 (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Jan. 01, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
ASSETS | ||||||
Deferred income tax assets | ¥ 745 | $ 114 | ¥ 1,226 | ¥ 5,973 | ||
Contract assets | 103 | 16 | 595 | |||
Other assets | 14,591 | 2,235 | 13,808 | 20,721 | ||
Contract costs | 3,672 | 563 | 4,923 | |||
Non-current assets | 471,980 | 72,334 | 478,904 | 495,261 | ||
Accounts receivable | 16,287 | 2,496 | 17,233 | 13,964 | ||
Prepayments and other current assets | 15,882 | 2,434 | 12,456 | 13,801 | ||
Contract assets | 823 | 126 | 1,308 | |||
Current assets | 108,636 | 16,649 | 83,595 | 76,722 | ||
Total assets | 580,616 | 88,983 | 562,499 | 571,983 | ||
EQUITY | ||||||
Reserves | (18,821) | (2,884) | (18,803) | (20,912) | ||
Retained profits | ||||||
Proposed final dividend | 5,018 | 769 | 4,529 | 1,591 | ||
Others | 86,334 | 13,231 | 80,265 | 69,315 | ||
Total equity | 327,520 | 50,195 | 320,755 | 304,347 | ||
Current liabilities | ||||||
Accounts payable and accrued liabilities | 134,437 | 20,603 | 117,525 | 125,260 | ||
Current portion of deferred revenue | 350 | |||||
Advances from customers | 359 | 55 | 330 | 49,283 | ||
Contract liabilities | 42,641 | 6,535 | 40,648 | |||
Non-current liabilities | ||||||
Deferred revenue | 5,927 | 908 | 4,851 | 3,020 | ||
Total equity and liabilities | 580,616 | 88,983 | 562,499 | 571,983 | ||
Net current liabilities | (113,392) | (17,378) | (121,595) | (165,900) | ||
Total assets less current liabilities | ¥ 358,588 | $ 54,956 | ¥ 357,309 | 329,361 | ||
Adjustment for Adoption of IFRS 9 [member] | ||||||
ASSETS | ||||||
Deferred income tax assets | ¥ 265 | |||||
Non-current assets | 265 | |||||
Accounts receivable | (1,118) | |||||
Current assets | (1,118) | |||||
Total assets | (853) | |||||
EQUITY | ||||||
Reserves | (85) | |||||
Retained profits | ||||||
Others | (768) | |||||
Total equity | (853) | |||||
Non-current liabilities | ||||||
Total equity and liabilities | (853) | |||||
Net current liabilities | (1,118) | |||||
Total assets less current liabilities | (853) | |||||
Impact on initial application of IFRS 15 [member] | ||||||
ASSETS | ||||||
Deferred income tax assets | (584) | |||||
Contract assets | 753 | |||||
Other assets | (5,275) | |||||
Contract costs | 6,856 | |||||
Non-current assets | 1,750 | |||||
Prepayments and other current assets | (2,221) | |||||
Contract assets | 2,221 | |||||
Total assets | 1,750 | |||||
EQUITY | ||||||
Reserves | 175 | |||||
Retained profits | ||||||
Others | 1,575 | |||||
Total equity | 1,750 | 1,750 | ||||
Current liabilities | ||||||
Accounts payable and accrued liabilities | 3,671 | |||||
Current portion of deferred revenue | (311) | |||||
Advances from customers | (49,000) | |||||
Contract liabilities | 45,640 | |||||
Non-current liabilities | ||||||
Deferred revenue | (782) | |||||
Contract liabilities | 782 | |||||
Total equity and liabilities | 1,750 | |||||
Total assets less current liabilities | 1,750 | |||||
Balance After IFRS Adjustments [member] | ||||||
ASSETS | ||||||
Deferred income tax assets | 5,654 | |||||
Contract assets | 753 | |||||
Other assets | 15,446 | |||||
Contract costs | 6,856 | |||||
Non-current assets | 497,276 | |||||
Accounts receivable | 12,846 | |||||
Prepayments and other current assets | 11,580 | |||||
Contract assets | 2,221 | |||||
Current assets | 75,604 | |||||
Total assets | 572,880 | |||||
EQUITY | ||||||
Reserves | (20,822) | |||||
Retained profits | ||||||
Proposed final dividend | 1,591 | |||||
Others | 70,122 | |||||
Total equity | ¥ 313,212 | 305,244 | ¥ 305,244 | |||
Current liabilities | ||||||
Accounts payable and accrued liabilities | 128,931 | |||||
Current portion of deferred revenue | 39 | |||||
Advances from customers | 283 | |||||
Contract liabilities | 45,640 | |||||
Non-current liabilities | ||||||
Deferred revenue | 2,238 | |||||
Contract liabilities | 782 | |||||
Total equity and liabilities | 572,880 | |||||
Net current liabilities | (167,018) | |||||
Total assets less current liabilities | ¥ 330,258 |
Summary of Significant Accoun_6
Summary of Significant Accounting Policies - Summary of Impact of Transition to IFRS 9 on Retained Profits and Reserves and Related Tax Impact (Detail) - Impact on initial application of IFRS 9 (2014) [member] ¥ in Millions | Jan. 01, 2018CNY (¥) |
Disclosure of Impact (net of tax) of transition to IFRS 9 on reserves and retained earnings [line items] | |
Recognition of additional expected credit losses on: - financial assets measured at amortized cost | ¥ (1,118) |
Reserves and retained profits [member] | |
Disclosure of Impact (net of tax) of transition to IFRS 9 on reserves and retained earnings [line items] | |
Recognition of additional expected credit losses on: - financial assets measured at amortized cost | (1,118) |
Related tax | 265 |
Net increase (decrease) in retained profits and reserves at January 1, 2018 | ¥ (853) |
Summary of Significant Accoun_7
Summary of Significant Accounting Policies - Summary of Reconciles of Closing and Opening Loss Allowance (Detail) - Impact on initial application of IFRS 9 (2014) [member] ¥ in Millions | Jan. 01, 2018CNY (¥) |
Disclosure of reconciliation of changes in loss allowance and explanation of changes in gross carrying amount for financial instruments [line items] | |
Balance, beginning of year | ¥ 6,657 |
Additional credit loss recognized at January 1, 2018 on: - Accounts receivable | 1,118 |
Balance, end of year | ¥ 7,775 |
Summary of Significant Accoun_8
Summary of Significant Accounting Policies - Summary of Impact of Transition to IFRS 15 on Retained Profits and Reserves and Related Tax Impact (Detail) - Impact on initial application of IFRS 15 [member] - Reserves and retained profits [member] ¥ in Millions | Jan. 01, 2018CNY (¥) |
Disclosure of Impact (net of tax) of transition to IFRS 15 on retained profits and reserves [line items] | |
Capitalization of sales commissions | ¥ 2,334 |
Related tax | (584) |
Net increase (decrease) in retained profits and reserves at January 1, 2018 | ¥ 1,750 |
Summary of Significant Accoun_9
Summary of Significant Accounting Policies - Schedule Of Operating Leases Commitments (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 | Jan. 01, 2019 |
Disclosure of quantitative information about right-of-use assets [line items] | |||
Less: total future interest expenses | ¥ (1,849) | ¥ (2,485) | |
Total lease liabilities | ¥ 27,961 | ¥ 32,325 | |
Operating lease commitments reconciliation [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Operating lease and other commitments at December 31, 2018 | ¥ 54,751 | ||
Less: commitments relating to non-lease elements at December 31, 2018 | (14,345) | ||
Operating lease commitments at December 31, 2018 | 40,406 | ||
Short-term leases and other leases with remaining lease term ending on or before December 31, 2019 | (721) | ||
Leases of low-value assets | (36) | ||
Less: total future interest expenses | (3,169) | ||
Present value of remaining lease payments, discounted using the incremental borrowing rate at January 1, 2019 | 36,480 | ||
Add: finance lease liabilities recognized as at December 31, 2018 | 240 | ||
Total lease liabilities | ¥ 36,720 |
Summary of Significant Accou_10
Summary of Significant Accounting Policies - Summary Of Detailed Information About Impacts On Adoption Of IFRS 16 Lease Policy (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Jan. 01, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
ASSETS | ||||||
Right-of-use assets | ¥ 37,960 | $ 5,818 | ¥ 43,073 | |||
Deferred income tax assets | 745 | 114 | 1,226 | ¥ 5,973 | ||
Total non-current assets | 471,980 | 72,334 | 478,904 | 495,261 | ||
Total assets | 580,616 | 88,983 | 562,499 | 571,983 | ||
EQUITY | ||||||
Reserves | (18,821) | (2,884) | (18,803) | (20,912) | ||
Retained profits | ||||||
-Proposed final dividend | 5,018 | 769 | 4,529 | 1,591 | ||
- Others | 86,334 | 13,231 | 80,265 | 69,315 | ||
Total equity | 327,520 | 50,195 | 320,755 | 304,347 | ||
LIABILITIES | ||||||
Lease liabilities (non-current portion) | 16,458 | 2,522 | 21,535 | |||
Total non-current liabilities | 31,068 | 4,761 | 36,554 | |||
Lease liabilities (current portion) | 11,503 | 1,763 | 10,790 | |||
Current portion of other obligations | 2,529 | 388 | 2,604 | |||
Current liabilities | 222,028 | 34,027 | 205,190 | |||
Net current liabilities | (113,392) | (17,378) | (121,595) | (165,900) | ||
Total assets less current liabilities | ¥ 358,588 | $ 54,956 | ¥ 357,309 | 329,361 | ||
Previously stated [member] | ||||||
ASSETS | ||||||
Property, plant and equipment | ¥ 384,475 | |||||
Lease prepayments | 9,290 | |||||
Interest in associates | 35,758 | |||||
Deferred income tax assets | 3,401 | |||||
Other assets | 14,645 | |||||
Total non-current assets | 464,411 | |||||
Prepayments and other current assets | 11,106 | |||||
Total current assets | 75,909 | |||||
Total assets | 540,320 | |||||
EQUITY | ||||||
Reserves | (20,154) | |||||
Retained profits | ||||||
-Proposed final dividend | 4,100 | |||||
- Others | 75,920 | |||||
Total equity | 314,286 | ¥ 304,347 | ||||
LIABILITIES | ||||||
Other obligations | 190 | |||||
Total non-current liabilities | 11,124 | |||||
Current portion of other obligations | 2,844 | |||||
Current liabilities | 214,910 | |||||
Net current liabilities | (139,001) | |||||
Total assets less current liabilities | 325,410 | |||||
Impact of adoption of IFRS 16 [member] | ||||||
ASSETS | ||||||
Property, plant and equipment | (343) | |||||
Lease prepayments | (9,290) | |||||
Right-of-use assets | 47,359 | |||||
Interest in associates | (264) | |||||
Deferred income tax assets | 271 | |||||
Other assets | (1,801) | |||||
Total non-current assets | 35,932 | |||||
Prepayments and other current assets | (526) | |||||
Total current assets | (526) | |||||
Total assets | 35,406 | |||||
EQUITY | ||||||
Reserves | (107) | |||||
Retained profits | ||||||
- Others | (967) | |||||
Total equity | (1,074) | |||||
LIABILITIES | ||||||
Lease liabilities (non-current portion) | 27,576 | |||||
Other obligations | (6) | |||||
Total non-current liabilities | 27,570 | |||||
Lease liabilities (current portion) | 9,144 | |||||
Current portion of other obligations | (234) | |||||
Current liabilities | 8,910 | |||||
Net current liabilities | (9,436) | |||||
Total assets less current liabilities | 26,496 | |||||
As Restated [member] | ||||||
ASSETS | ||||||
Property, plant and equipment | ¥ 384,132 | |||||
Right-of-use assets | 47,359 | ¥ 47,359 | ||||
Interest in associates | 35,494 | |||||
Deferred income tax assets | 3,672 | |||||
Other assets | 12,844 | |||||
Total non-current assets | 500,343 | |||||
Prepayments and other current assets | 10,580 | |||||
Total current assets | 75,383 | |||||
Total assets | 575,726 | |||||
EQUITY | ||||||
Reserves | (20,261) | |||||
Retained profits | ||||||
-Proposed final dividend | 4,100 | |||||
- Others | 74,953 | |||||
Total equity | 313,212 | |||||
LIABILITIES | ||||||
Lease liabilities (non-current portion) | 27,576 | |||||
Other obligations | 184 | |||||
Total non-current liabilities | 38,694 | |||||
Lease liabilities (current portion) | 9,144 | |||||
Current portion of other obligations | 2,610 | |||||
Current liabilities | 223,820 | |||||
Net current liabilities | (148,437) | |||||
Total assets less current liabilities | ¥ 351,906 |
Summary of Significant Accou_11
Summary of Significant Accounting Policies - Summary Of Impacts Of Adoption Of IFRS 16 On Financial Statements And Related Hypothetical Results (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Statement [Line Items] | ||||
Network, operation and support expenses | ¥ (46,286) | $ (7,094) | ¥ (43,236) | ¥ (55,077) |
Other operating expenses | (70,237) | (10,764) | (64,480) | (62,561) |
Share of net profit of associates | 1,588 | 243 | 1,359 | 2,477 |
Income before income tax | 16,027 | 2,456 | 14,167 | 13,081 |
Net income for the year | 12,577 | 1,928 | 11,372 | 10,257 |
Cash generated from operations | 107,428 | 16,464 | 94,952 | 93,882 |
Net cash inflow from operating activities | 105,551 | 16,176 | 93,678 | 92,387 |
Net cash outflow from financing activities | ¥ (25,210) | $ (3,864) | (29,765) | (34,058) |
As Reported Under IFRS 16 [member] | ||||
Statement [Line Items] | ||||
Depreciation and amortization | (83,080) | |||
Network, operation and support expenses | (43,236) | |||
Other operating expenses | (64,480) | |||
Finance costs | (2,123) | |||
Share of net profit of associates | 1,359 | |||
Income before income tax | 14,167 | |||
Net income for the year | 11,372 | |||
Cash generated from operations | 94,952 | |||
Net cash inflow from operating activities | 93,678 | |||
Capital element of lease rentals paid | (11,123) | |||
Net cash outflow from financing activities | (29,765) | |||
Increase Due To Depreciation And Interest Expense Under IFRS 16 [member] | ||||
Statement [Line Items] | ||||
Depreciation and amortization | 10,579 | |||
Finance costs | 1,349 | |||
Share of net profit of associates | 37 | |||
Income before income tax | 11,965 | |||
Net income for the year | 11,965 | |||
Decrease In Amounts Related To Operating Lease Under IAS 17 [member] | ||||
Statement [Line Items] | ||||
Network, operation and support expenses | (11,345) | |||
Other operating expenses | (192) | |||
Income before income tax | (11,537) | |||
Net income for the year | (11,537) | |||
Cash generated from operations | (10,883) | |||
Net cash inflow from operating activities | (10,883) | |||
Capital element of lease rentals paid | 10,883 | |||
Net cash outflow from financing activities | 10,883 | |||
Hypothetical Amounts Recognized As if Under IAS 17 [member] | ||||
Statement [Line Items] | ||||
Depreciation and amortization | (72,501) | |||
Network, operation and support expenses | (54,581) | |||
Other operating expenses | (64,672) | |||
Finance costs | (774) | |||
Share of net profit of associates | 1,396 | |||
Income before income tax | 14,595 | |||
Net income for the year | 11,800 | |||
Cash generated from operations | 84,069 | |||
Net cash inflow from operating activities | 82,795 | |||
Capital element of lease rentals paid | (240) | |||
Net cash outflow from financing activities | ¥ (18,882) | |||
Comparison Of Hypotheticals Amounts Under IAS 17 With Prior Period [member] | ||||
Statement [Line Items] | ||||
Depreciation and amortization | (75,777) | |||
Network, operation and support expenses | (55,077) | |||
Other operating expenses | (62,561) | |||
Finance costs | (1,625) | |||
Share of net profit of associates | 2,477 | |||
Income before income tax | 13,081 | |||
Net income for the year | 10,257 | |||
Cash generated from operations | 93,882 | |||
Net cash inflow from operating activities | 92,387 | |||
Net cash outflow from financing activities | ¥ (34,058) |
Summary of Significant Accou_12
Summary of Significant Accounting Policies - Schedule of New and Amendments to IFRS and IAS Standards That Are Not Yet Effective for the Year (Detail) | 12 Months Ended |
Dec. 31, 2020 | |
Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16, "Interest Rate Benchmark Reform – Phase 2" [member] | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2021 |
Amendments to IFRS 3, "Reference to the Conceptual Framework" [member] | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2022 |
Amendments to IAS 16, "Property, Plant and Equipment: Proceeds before Intended Use" [member] | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2022 |
Amendments to IAS 37, "Onerous Contracts-Cost of Fulfilling a Contract" | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2022 |
Annual Improvements to IFRS Standards 2018-2020 [member] | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2022 |
Amendments to IAS 1, "Classification of Liabilities as Current or Non-current" [member] | |
Disclosure of initial application of standards or interpretations [line items] | |
Effective for accounting periods beginning on or after | Jan. 1, 2023 |
Summary of Significant Accou_13
Summary of Significant Accounting Policies - Summary of Estimated Useful Lives of Property Plant and Equipment (Detail) | 12 Months Ended |
Dec. 31, 2020 | |
Buildings [member] | Bottom of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 10 years |
Residual rate | 3.00% |
Buildings [member] | Top of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 30 years |
Residual rate | 5.00% |
Telecommunications equipment [member] | Bottom of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 5 years |
Residual rate | 3.00% |
Telecommunications equipment [member] | Top of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 10 years |
Residual rate | 5.00% |
Office furniture, fixtures, motor vehicles and other equipment [member] | Bottom of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 5 years |
Residual rate | 3.00% |
Office furniture, fixtures, motor vehicles and other equipment [member] | Top of range [member] | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |
Depreciable life | 10 years |
Residual rate | 5.00% |
Financial Risk Management and_3
Financial Risk Management and Fair Values of Financial Instruments - Summary of Foreign Exchange Risk (Detail) € in Millions, ¥ in Millions, ¥ in Millions, $ in Millions, $ in Millions, $ in Millions, $ in Millions | Dec. 31, 2020CNY (¥)ExchangeRate | Dec. 31, 2020USD ($)ExchangeRate | Dec. 31, 2020HKD ($)ExchangeRate | Dec. 31, 2020EUR (€)ExchangeRate | Dec. 31, 2020SGD ($)ExchangeRate | Dec. 31, 2019CNY (¥)ExchangeRate | Dec. 31, 2019USD ($)ExchangeRate | Dec. 31, 2019HKD ($)ExchangeRate | Dec. 31, 2019EUR (€)ExchangeRate | Dec. 31, 2019AUD ($)ExchangeRate | Dec. 31, 2019SGD ($)ExchangeRate | Dec. 31, 2019JPY (¥)ExchangeRate | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 6.5250 | 6.5250 | 6.5250 | 6.5250 | 6.5250 | |||||||||
Cash and cash equivalents | ¥ 23,085 | $ 3,538 | ¥ 34,945 | $ 5,356 | ¥ 30,060 | ¥ 32,836 | ||||||||
Accounts receivable | 16,287 | $ 2,496 | 17,233 | ¥ 13,964 | ||||||||||
Financial assets measured at FVOCI | 1,838 | 3,323 | ||||||||||||
Accounts payable | 73,046 | 63,390 | ||||||||||||
Foreign exchange risk [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Cash and cash equivalents | 2,594 | 1,349 | ||||||||||||
Accounts receivable | 1,446 | 1,630 | ||||||||||||
Borrowings | 222 | 274 | ||||||||||||
Total financial assets | 5,712 | 6,104 | ||||||||||||
Accounts payable | 243 | 441 | ||||||||||||
Total financial liabilities | ¥ 465 | ¥ 715 | ||||||||||||
Foreign exchange risk [member] | HK dollars [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 0.84 | 0.84 | 0.84 | 0.84 | 0.84 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | ||
Cash and cash equivalents | ¥ 40 | $ 48 | ¥ 31 | $ 35 | ||||||||||
Accounts receivable | ¥ 1 | $ 1 | ¥ 2 | $ 2 | ||||||||||
Foreign exchange risk [member] | US dollars [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 6.52 | 6.52 | 6.52 | 6.52 | 6.52 | 6.98 | 6.98 | 6.98 | 6.98 | 6.98 | 6.98 | 6.98 | ||
Cash and cash equivalents | ¥ 2,305 | $ 353 | ¥ 1,160 | $ 166 | ||||||||||
Accounts receivable | 1,429 | 219 | 1,612 | 231 | ||||||||||
Borrowings | 204 | 31 | 232 | 33 | ||||||||||
Accounts payable | ¥ 235 | $ 36 | ¥ 433 | $ 62 | ||||||||||
Foreign exchange risk [member] | Euro [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 8.03 | 8.03 | 8.03 | 8.03 | 8.03 | 7.82 | 7.82 | 7.82 | 7.82 | 7.82 | 7.82 | 7.82 | ||
Cash and cash equivalents | ¥ 241 | € 30 | ¥ 146 | € 19 | ||||||||||
Accounts receivable | 16 | 2 | 16 | 2 | ||||||||||
Borrowings | 18 | 2 | 42 | 5 | ||||||||||
Financial assets measured at FVOCI | 1,672 | 208 | 3,125 | 400 | ||||||||||
Accounts payable | ¥ 8 | € 1 | ¥ 8 | € 1 | ||||||||||
Foreign exchange risk [member] | Japanese Yen [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | ||
Cash and cash equivalents | ¥ 2 | ¥ 31 | ||||||||||||
Foreign exchange risk [member] | SGD [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 4.93 | 4.93 | 4.93 | 4.93 | 4.93 | 5.17 | 5.17 | 5.17 | 5.17 | 5.17 | 5.17 | 5.17 | ||
Cash and cash equivalents | ¥ 7 | $ 1 | ¥ 6 | $ 1 | ||||||||||
Foreign exchange risk [member] | AUD [member] | ||||||||||||||
Disclosure of nature and extent of risks arising from financial instruments [Line Items] | ||||||||||||||
Exchange rate | ExchangeRate | 5.02 | 5.02 | 5.02 | 5.02 | 5.02 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | 4.88 | ||
Cash and cash equivalents | ¥ 1 | ¥ 4 | $ 1 |
Financial Risk Management and_4
Financial Risk Management and Fair Values of Financial Instruments - Additional Information (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of detailed information about financial instruments [Line Items] | |||
Transfer between Level 1 and Level 2 | ¥ 0 | ¥ 0 | ¥ 0 |
Transfer between Level 2 and Level 1 | 0 | 0 | 0 |
Transfer into Level 3 | 0 | 0 | 0 |
Transfer out of Level 3 | ¥ 0 | ¥ 0 | 0 |
Bottom of range [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Percentage of market rates | 0.57% | 0.70% | |
Top of range [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Percentage of market rates | 4.35% | 4.41% | |
Finance Company Limited [member] | Smart Steps Digital Technology Co., Ltd [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Amounts due to related party transactions | ¥ 58 | ¥ 8 | |
China United Network Communications Group Company Limited and its subsidiaries [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Amounts due to related party transactions | 5,112 | 4,879 | |
China United Network Communications Group Company Limited and its subsidiaries [member] | Finance Company Limited [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Amounts due to related party transactions | ¥ 5,112 | 4,879 | |
Foreign exchange risk [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
RMB percentage of strengthened/weakened against foreign currencies | 10.00% | ||
Foreign exchange risk [member] | Cash and cash equivalents, borrowings and obligations under finance lease [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
RMB strengthened/weakened against foreign currencies effect on income after tax and other comprehensive income | ¥ 268 | 170 | 131 |
Foreign exchange risk [member] | Financial assets recorded in fair value through other comprehensive income [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
RMB strengthened/weakened against foreign currencies effect on income after tax and other comprehensive income | ¥ 167 | 313 | 370 |
Price risk [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Share price increased/decreased | 10.00% | ||
Share price increased/decreased effect on other comprehensive income | ¥ 167 | 313 | 370 |
Interest rate risk [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Floating rate borrowings and short-term fixed rate borrowings | ¥ 12,910 | 19,496 | |
Interest rates increased/decreased | 0.50% | ||
Interest rates increased/decreased effect on income after tax | ¥ 48 | 73 | ¥ 74 |
Interest rate risk [member] | Fixed rate [member] | |||
Disclosure of detailed information about financial instruments [Line Items] | |||
Long-term borrowings | ¥ 37,900 | ¥ 42,669 |
Financial Risk Management and_5
Financial Risk Management and Fair Values of Financial Instruments - Summary of Undiscounted Balances of Financial Liabilities (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of maturity analysis for non-derivative financial liabilities [Line Items] | ||
Long-term bank loans | ¥ 2,900 | ¥ 3,306 |
Promissory notes | 998 | 998 |
Corporate bonds | 2,999 | 2,998 |
Lease liabilities | 27,961 | 32,325 |
Other obligations | 2,627 | 2,778 |
Short-term bank loans | 740 | 5,564 |
Commercial papers | 7,000 | 8,995 |
Bills payable | 5,482 | |
Accounts payable and accrued liabilities | 134,437 | 121,564 |
Amounts due to ultimate holding company | 1,640 | 1,779 |
Amounts due to related parties | 12,225 | 10,893 |
Amounts due to domestic carriers | 2,291 | 2,174 |
Dividend payable | 920 | |
Financial liabilities | 201,300 | 194,294 |
Less than 1 year [member] | ||
Disclosure of maturity analysis for non-derivative financial liabilities [Line Items] | ||
Long-term bank loans | 428 | 448 |
Promissory notes | 34 | 34 |
Corporate bonds | 1,088 | 108 |
Lease liabilities | 11,757 | 11,085 |
Other obligations | 2,529 | 2,657 |
Short-term bank loans | 751 | 5,704 |
Commercial papers | 7,007 | 9,116 |
Bills payable | 5,482 | |
Accounts payable and accrued liabilities | 134,437 | 121,564 |
Amounts due to ultimate holding company | 1,640 | 1,779 |
Amounts due to related parties | 9,315 | 7,984 |
Amounts due to domestic carriers | 2,291 | 2,174 |
Dividend payable | 920 | |
Financial liabilities | 176,759 | 163,573 |
Between 1 and 2 years [member] | ||
Disclosure of maturity analysis for non-derivative financial liabilities [Line Items] | ||
Long-term bank loans | 469 | 434 |
Promissory notes | 1,030 | 34 |
Corporate bonds | 2,034 | 1,088 |
Lease liabilities | 10,352 | 10,183 |
Other obligations | 15 | 46 |
Amounts due to related parties | 132 | 132 |
Financial liabilities | 14,032 | 11,917 |
Between 2 and 5 years [member] | ||
Disclosure of maturity analysis for non-derivative financial liabilities [Line Items] | ||
Long-term bank loans | 1,215 | 1,344 |
Promissory notes | 1,030 | |
Corporate bonds | 2,034 | |
Lease liabilities | 6,203 | 12,112 |
Other obligations | 27 | 29 |
Amounts due to related parties | 3,172 | 3,304 |
Financial liabilities | 10,617 | 19,853 |
Over 5 years [member] | ||
Disclosure of maturity analysis for non-derivative financial liabilities [Line Items] | ||
Long-term bank loans | 1,372 | 1,710 |
Lease liabilities | 1,498 | 1,430 |
Other obligations | 58 | 49 |
Financial liabilities | ¥ 2,928 | ¥ 3,189 |
Financial Risk Management and_6
Financial Risk Management and Fair Values of Financial Instruments - Summary of Debt-to-Capitalization Ratios (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of objectives, policies and processes for managing capital [abstract] | ||||
Short-term bank loans | ¥ 740 | $ 113 | ¥ 5,564 | |
Long-term bank loans | 2,482 | 380 | 2,869 | |
Promissory notes | 998 | 153 | 998 | |
Corporate bonds | 1,999 | 306 | 2,998 | |
Commercial papers | 7,000 | 1,073 | 8,995 | |
Lease liabilities (non-current portion) | 16,458 | 2,522 | 21,535 | |
Amounts due to related parties | 3,042 | 3,092 | ||
Current portion of long-term bank loans | 418 | 64 | 437 | |
Current portion of corporate bonds | 1,000 | 153 | ||
Lease liabilities (current portion) | 11,503 | 1,763 | 10,790 | |
Interest-bearing debts | 45,640 | 57,278 | ||
Total equity | 327,520 | $ 50,195 | 320,755 | ¥ 304,347 |
Interest-bearing debts plus total equity | ¥ 373,160 | ¥ 378,033 | ||
Debt-to-capitalization ratio | 12.20% | 12.20% | 15.20% |
Financial Risk Management and_7
Financial Risk Management and Fair Values of Financial Instruments - Summary of Assets Measured at Fair Value (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of fair value measurement of assets [Line Items] | ||
Total | ¥ 27,682 | ¥ 4,093 |
Recurring fair value measurement [Member] | ||
Disclosure of fair value measurement of assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | 1,838 | 3,323 |
Financial assets measured at FVPL | 2,494 | 770 |
Debt securities measured at FVOCI (recycling) | 23,350 | |
Total | 27,682 | 4,093 |
Recurring fair value measurement [Member] | Level 1 [Member] | ||
Disclosure of fair value measurement of assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | 1,786 | 3,268 |
Financial assets measured at FVPL | 1,465 | 151 |
Debt securities measured at FVOCI (recycling) | 23,350 | |
Total | 26,601 | 3,419 |
Recurring fair value measurement [Member] | Level 2 [Member] | ||
Disclosure of fair value measurement of assets [Line Items] | ||
Financial assets measured at FVPL | 100 | 51 |
Total | 100 | 51 |
Recurring fair value measurement [Member] | Level 3 [Member] | ||
Disclosure of fair value measurement of assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | 52 | 55 |
Financial assets measured at FVPL | 929 | 568 |
Total | ¥ 981 | ¥ 623 |
Financial Risk Management and_8
Financial Risk Management and Fair Values of Financial Instruments - Summary of Carrying Amounts, Fair Values and the Group's Financial Liabilities Carried at Amortized Cost (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of fair value measurement of liabilities [Line Items] | |||
Non-current portion of long-term bank loans | ¥ 2,482 | $ 380 | ¥ 2,869 |
Non-current portion of promissory notes | 998 | 153 | 998 |
Non-current portion of corporate bonds | 1,999 | $ 306 | 2,998 |
Level 1 [Member] | |||
Disclosure of fair value measurement of liabilities [Line Items] | |||
Non-current portion of promissory notes | 1,005 | ||
Non-current portion of corporate bonds | 2,050 | ||
Level 2 [Member] | |||
Disclosure of fair value measurement of liabilities [Line Items] | |||
Non-current portion of long-term bank loans | 2,552 | ||
Level 3 [Member] | |||
Disclosure of fair value measurement of liabilities [Line Items] | |||
Non-current portion of long-term bank loans | |||
Fair value [Member] | |||
Disclosure of fair value measurement of liabilities [Line Items] | |||
Non-current portion of long-term bank loans | 2,552 | 2,849 | |
Non-current portion of promissory notes | 1,005 | 1,010 | |
Non-current portion of corporate bonds | ¥ 2,050 | ¥ 3,081 |
Revenue - Additional Informatio
Revenue - Additional Information (Detail) | Apr. 01, 2019 | Dec. 31, 2020 |
Basic telecommunications services [member] | ||
Disclosure of products and services [Line Items] | ||
Value added tax rate | 10.00% | 9.00% |
Sales of telecommunications products [member] | ||
Disclosure of products and services [Line Items] | ||
Value added tax rate | 16.00% | 13.00% |
Value-added telecommunications services [member] | ||
Disclosure of products and services [Line Items] | ||
Value added tax rate | 6.00% | 6.00% |
Revenue - Summary of Disaggrega
Revenue - Summary of Disaggregation of Revenue From Customers by Major Services and Products (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of products and services [Line Items] | ||||
Voice usage and monthly fees | ¥ 23,183 | ¥ 26,440 | ¥ 32,486 | |
Broadband and mobile data services | 150,730 | 146,534 | 148,431 | |
Data and internet application services | 47,923 | 37,218 | 26,489 | |
Other value-added services | 21,287 | 21,251 | 24,606 | |
Interconnection fees | 12,307 | 12,893 | 13,708 | |
Transmission lines usage and associated services | 16,519 | 15,595 | 14,178 | |
Other services | 3,865 | 4,456 | 3,785 | |
Total service revenue | 275,814 | 264,387 | 263,683 | |
Sales of telecommunications products | 28,024 | 26,128 | 27,194 | |
Total Revenue | 303,838 | $ 46,565 | 290,515 | 290,877 |
Revenue from other sources | 1,106 | 1,183 | 1,067 | |
Impact on initial application of IFRS 15 [member] | ||||
Disclosure of products and services [Line Items] | ||||
Revenue from contracts with customers | ¥ 302,732 | ¥ 289,332 | ¥ 289,810 |
Network, Operation and Suppor_3
Network, Operation and Support Expenses - Summary of Network, Operation and Support Expenses (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of analysis of income and expense [Line Items] | ||||
Network operations and support expenses | ¥ 46,286 | $ 7,094 | ¥ 43,236 | ¥ 55,077 |
Network, operation and support expenses [member] | ||||
Disclosure of analysis of income and expense [Line Items] | ||||
Repairs and maintenance | 10,750 | 10,303 | 11,102 | |
Power and water charges | 12,901 | 12,319 | 14,481 | |
Others | 2,209 | 1,976 | 2,067 | |
Network, operation and support expenses [member] | Property, plant and equipment [member] | ||||
Disclosure of analysis of income and expense [Line Items] | ||||
Charges for use of network, premises, equipment and facilities | 9,180 | 8,146 | 11,445 | |
Network, operation and support expenses [member] | China Tower Corporation Limited ("Tower Company") [member] | ||||
Disclosure of analysis of income and expense [Line Items] | ||||
Charges for use of tower assets | ¥ 11,246 | ¥ 10,492 | ¥ 15,982 |
Network, Operation and Suppor_4
Network, Operation and Support Expenses - Summary of Short Term Leases and Variable Lease Payment (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Short Term Leases, Lease Of Low Value Assets and Variable Lease Payment [Abstract] | ||
Expense relating to short-term leases and other leases with remaining lease term ending on or before December 31, 2019, and leases of low value assets | ¥ 1,322 | ¥ 1,971 |
Variable lease payments not included in the measurement of lease liabilities | ¥ 5,415 | ¥ 4,478 |
Employee Benefit Expenses - Sum
Employee Benefit Expenses - Summary of Employee Benefit Expenses (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Classes of employee benefits expense [abstract] | ||||
Salaries and wages | ¥ 42,534 | ¥ 37,143 | ¥ 35,498 | |
Contributions to defined contribution pension schemes | 5,534 | 7,080 | 6,823 | |
Contributions to medical insurance | 3,794 | 2,471 | 2,241 | |
Contributions to housing fund | 3,486 | 3,235 | 2,944 | |
Other housing benefits | 17 | 16 | 23 | |
Share-based compensation | 375 | 571 | 614 | |
Employee benefit expenses | ¥ 55,740 | $ 8,542 | ¥ 50,516 | ¥ 48,143 |
Costs of Telecommunications P_3
Costs of Telecommunications Products Sold - Summary of Costs of Telecommunications Products Sold (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of products and services [Line Items] | ||||
Costs of telecommunications products sold | ¥ 26,862 | $ 4,117 | ¥ 26,412 | ¥ 27,604 |
Handsets and other telecommunication products [member] | ||||
Disclosure of products and services [Line Items] | ||||
Costs of telecommunications products sold | 26,619 | 26,220 | 27,403 | |
Others [member] | ||||
Disclosure of products and services [Line Items] | ||||
Costs of telecommunications products sold | ¥ 243 | ¥ 192 | ¥ 201 |
Other Operating Expenses - Summ
Other Operating Expenses - Summary of Other Operating Expenses (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of analysis of income and expense [Line Items] | |||
Other operating expenses | ¥ 70,237 | ¥ 64,480 | ¥ 62,561 |
Other operating expenses [Member] | |||
Disclosure of analysis of income and expense [Line Items] | |||
Credit loss allowance and write-down of inventories | 5,584 | 3,663 | 3,846 |
Commission and other service expenses | 21,041 | 23,010 | 23,151 |
Advertising and promotion expenses | 2,723 | 2,563 | 2,882 |
Internet access terminal maintenance expenses | 2,744 | 2,937 | 3,358 |
Customer retention costs | 3,007 | 3,601 | 4,085 |
Auditors' remuneration | 77 | 78 | 78 |
Property management fee | 2,490 | 2,188 | 2,192 |
Office and administrative expenses | 1,332 | 1,606 | 1,763 |
Transportation expense | 1,372 | 1,471 | 1,565 |
Miscellaneous taxes and fees | 1,353 | 1,236 | 1,387 |
Service technical support expenses | 21,243 | 13,981 | 8,035 |
Repairs and maintenance expenses | 911 | 704 | 770 |
Loss on disposal of property, plant and equipment | 2,365 | 2,179 | 4,148 |
Others | ¥ 3,995 | ¥ 5,263 | ¥ 5,301 |
Finance Costs - Summary of Fina
Finance Costs - Summary of Finance Costs (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of analysis of income and expense [Line Items] | ||||
Interest expense on lease liabilities | ¥ 1,234 | ¥ 1,349 | ||
- Less: Amounts capitalized in CIP | (206) | (387) | ¥ (534) | |
Total interest expense | 1,612 | 2,016 | 1,567 | |
Net exchange (gain)/loss | 46 | 39 | (80) | |
Others | 89 | 68 | 138 | |
Finance Costs | 1,747 | $ 268 | 2,123 | 1,625 |
Within 5 years [member] | ||||
Disclosure of analysis of income and expense [Line Items] | ||||
Interest on bank loans repayable | 112 | 519 | 908 | |
Interest on corporate bonds, promissory notes and commercial papers repayable | 312 | 359 | 1,113 | |
Interest on related party loans repayable within 5 years | 122 | 133 | 33 | |
Over 5 years [member] | ||||
Disclosure of analysis of income and expense [Line Items] | ||||
Interest on bank loans repayable | ¥ 38 | ¥ 43 | ¥ 47 |
Other Income - Net - Summary of
Other Income - Net - Summary of Other Income - Net (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Analysis of income and expense [abstract] | ||||
Dividend from financial assets measured at FVOCI (non-recycling) | ¥ 210 | ¥ 205 | ¥ 203 | |
Government grants | 506 | 385 | 257 | |
Additional deduction for VAT | 1,456 | 422 | 0 | |
Investment income from debt securities measured at FVOCI (recycling) | 174 | |||
Fair value gains on financial assets measured at FVPL | 154 | 96 | 31 | |
Gains on disposal of financial assets measured at FVPL | 87 | $ 13 | 24 | 36 |
Others | 324 | 603 | 256 | |
Other income - net | ¥ 2,911 | ¥ 1,735 | ¥ 783 |
Taxation - Additional Informati
Taxation - Additional Information (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of income tax expenses [Line Items] | |||
Applicable tax rate | 25.00% | 25.00% | 25.00% |
Preferential tax rate | 15.00% | 15.00% | 15.00% |
Deductible temporary differences for which no deferred tax asset is recognized | ¥ 2,448 | ¥ 2,085 | |
Hong Kong [member] | |||
Disclosure of income tax expenses [Line Items] | |||
Applicable tax rate | 16.50% | 16.50% | 16.50% |
PRC [member] | |||
Disclosure of income tax expenses [Line Items] | |||
Applicable tax rate | 25.00% | 25.00% | 25.00% |
Preferential tax rate | 15.00% | 15.00% | 15.00% |
Taxation - Summary of Income Ta
Taxation - Summary of Income Tax Expenses (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of income tax expenses [Line Items] | ||||
Under/(over) provision in respect of prior years | ¥ 40 | ¥ (250) | ¥ 18 | |
Total tax expenses excluded deferred taxation | 2,997 | 372 | 565 | |
Deferred taxation | 453 | 2,423 | 2,259 | |
Income tax expenses | 3,450 | $ 528 | 2,795 | 2,824 |
Hong Kong [member] | ||||
Disclosure of income tax expenses [Line Items] | ||||
Provision for income tax on the estimated taxable income for the year | 99 | 66 | 88 | |
Mainland China and other countries [member] | ||||
Disclosure of income tax expenses [Line Items] | ||||
Provision for income tax on the estimated taxable income for the year | ¥ 2,858 | ¥ 556 | ¥ 459 |
Taxation - Summary of Reconcili
Taxation - Summary of Reconciliation Between Actual Income Tax Expense and Accounting Profit (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Reconciliation of accounting profit multiplied by applicable tax rates [abstract] | ||||
Income before income tax | ¥ 16,027 | $ 2,456 | ¥ 14,167 | ¥ 13,081 |
Expected income tax expense at PRC statutory tax rate of 25% | 4,007 | 3,542 | 3,270 | |
Impact of different tax rates outside Mainland China | (39) | (22) | (47) | |
Tax effect of preferential tax rate | (140) | (121) | (91) | |
Additional deduction for qualified research and development costs | (268) | (139) | (80) | |
Tax effect of non-deductible expenses | 447 | 366 | 501 | |
Tax effect of non-taxable income from share of net profit of joint ventures | (197) | (162) | (150) | |
Tax effect of non-taxable income from share of net profit of associates | (332) | (274) | (369) | |
Under/(over) provision in respect of prior years | 40 | (250) | 18 | |
Tax effect of unused tax losses not recognized, net of utilization | (68) | (79) | (162) | |
Others | (66) | (66) | ||
Income tax expenses | ¥ 3,450 | $ 528 | ¥ 2,795 | ¥ 2,824 |
Taxation - Summary of Reconci_2
Taxation - Summary of Reconciliation Between Actual Income Tax Expense and Accounting Profit (Parenthetical) (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Reconciliation of accounting profit multiplied by applicable tax rates [abstract] | |||
Statutory tax rate | 25.00% | 25.00% | 25.00% |
Preferential tax rate | 15.00% | 15.00% | 15.00% |
Deferred tax assets not recognized in respect of tax losses | ¥ 726 | ¥ 997 | |
Tax losses carried forward years | 5 years | ||
Additional deduction rate of expense on qualified research and development costs for tax purpose | 75.00% | 75.00% | 75.00% |
Unrecognized Deferred tax assets | ¥ 181 | ¥ 249 |
Taxation - Summary of Analysis
Taxation - Summary of Analysis of Deferred Tax Assets and Deferred Tax Liabilities (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Net deferred tax assets after offsetting | ¥ 745 | $ 114 | ¥ 1,226 | ¥ 5,973 | |
Net deferred tax liabilities after offsetting | (64) | $ (10) | (87) | ||
Carrying amount [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax assets | 11,858 | 9,856 | |||
Deferred tax liabilities | (11,113) | (8,630) | |||
Carrying amount [member] | More than one year [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax assets | 8,316 | 6,942 | |||
Deferred tax liabilities | (10,360) | (8,292) | |||
Carrying amount [member] | Less than 1 year [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax assets | 3,542 | 2,914 | |||
Deferred tax liabilities | (753) | (338) | |||
Deferred Tax Assets [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Net deferred tax assets after offsetting | 745 | 1,226 | ¥ 3,401 | 5,973 | |
Deferred Tax Assets [member] | Carrying amount [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax assets | 18 | ||||
Deferred Tax Assets [member] | Carrying amount [member] | Less than 1 year [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax assets | 18 | ||||
Deferred Tax Liabilities [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Net deferred tax liabilities after offsetting | (64) | (87) | ¥ (111) | ¥ (108) | |
Deferred Tax Liabilities [member] | Carrying amount [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax liabilities | (82) | (87) | |||
Deferred Tax Liabilities [member] | Carrying amount [member] | More than one year [member] | |||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||||
Deferred tax liabilities | ¥ (82) | ¥ (87) |
Taxation - Summary of Movement
Taxation - Summary of Movement of Net Deferred Tax Assets/(Liabilities) (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | ¥ 1,226 | ¥ 5,973 | ||
Net deferred tax liabilities, Beginning balance | (87) | |||
Deferred tax (charged)/credited to the statements of income | (453) | ¥ (2,423) | (2,259) | |
Deferred tax credited/(charged) to other comprehensive income | (5) | 1 | 3 | |
Net deferred tax liabilities, Ending balance | (64) | $ (10) | (87) | |
Net deferred tax assets, Ending balance | 745 | $ 114 | 1,226 | |
Deferred tax assets [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | 1,226 | 3,401 | 5,973 | |
Deferred tax (charged)/credited to the statements of income | (471) | (2,447) | (2,256) | |
Deferred tax credited/(charged) to other comprehensive income | (10) | 1 | 3 | |
Net deferred tax assets, Ending balance | 745 | 1,226 | 3,401 | |
Deferred tax assets [member] | Impact on initial application of IFRS 15 (Note) [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | (584) | |||
Deferred tax assets [member] | Impact on initial application of IFRS 9 (2014), "Financial instruments" ("IFRS 9 (2014)") (Note) [member[ | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | 265 | |||
Deferred tax assets [member] | Impact on initial application of IFRS 16 (Note) [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | 271 | |||
Net deferred tax assets, Ending balance | 271 | |||
Deferred tax assets [member] | As Restated [Member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets, Beginning balance | 1,226 | 3,672 | 5,654 | |
Net deferred tax assets, Ending balance | 1,226 | 3,672 | ||
Deferred tax liabilities [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax liabilities, Beginning balance | (87) | (111) | (108) | |
Deferred tax (charged)/credited to the statements of income | 18 | 24 | (3) | |
Deferred tax credited/(charged) to other comprehensive income | 5 | |||
Net deferred tax liabilities, Ending balance | ¥ (64) | ¥ (87) | ¥ (111) |
Taxation - Summary of Component
Taxation - Summary of Components of Deferred Tax Assets/(Liabilities) (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | ¥ 1,139 | ¥ 3,561 | ¥ 5,546 |
(Charged)/Credited to the statements of income | (453) | (2,423) | (2,259) |
(Charged)/credited to other comprehensive income | (5) | 1 | 3 |
Ending balance | 681 | 1,139 | 3,561 |
Credit loss allowance [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,918 | 1,714 | 1,868 |
(Charged)/Credited to the statements of income | 575 | 204 | (154) |
Ending balance | 2,493 | 1,918 | 1,714 |
Unrecognized revaluation surplus on prepayments for the leasehold land determined under PRC regulations [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,306 | 1,354 | 1,403 |
(Charged)/Credited to the statements of income | (48) | (48) | (49) |
Ending balance | 1,258 | 1,306 | 1,354 |
Deductible tax losses [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 370 | 1,303 | 2,244 |
(Charged)/Credited to the statements of income | (370) | (933) | (941) |
Ending balance | 370 | 1,303 | |
Accruals of expenses not yet deductible for tax purpose [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 3,341 | 3,180 | 2,554 |
(Charged)/Credited to the statements of income | 842 | 161 | 626 |
Ending balance | 4,183 | 3,341 | 3,180 |
Unrealized income from the transactions with Tower Company [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 381 | 445 | 697 |
(Charged)/Credited to the statements of income | (64) | (64) | (252) |
Ending balance | 317 | 381 | 445 |
Gain from Tower Assets Disposal [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 0 | (372) | (745) |
(Charged)/Credited to the statements of income | 372 | 373 | |
Ending balance | 0 | (372) | |
Accelerated depreciation of property, plant and equipment [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (8,572) | (5,921) | (3,870) |
(Charged)/Credited to the statements of income | (2,527) | (2,651) | (2,051) |
Ending balance | (11,099) | (8,572) | (5,921) |
Contract costs [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (39) | (229) | (584) |
(Charged)/Credited to the statements of income | 39 | 190 | 355 |
Ending balance | (39) | (229) | |
Depreciation Charge of right of use asset [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 370 | 271 | 0 |
(Charged)/Credited to the statements of income | 20 | 99 | |
Ending balance | 390 | 370 | 271 |
Others [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 2,064 | 1,816 | 1,979 |
(Charged)/Credited to the statements of income | 1,080 | 247 | (166) |
(Charged)/credited to other comprehensive income | (5) | 1 | 3 |
Ending balance | ¥ 3,139 | 2,064 | 1,816 |
Previously stated [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 3,290 | 5,865 | |
Ending balance | 3,290 | ||
Previously stated [member] | Credit loss allowance [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,714 | 1,603 | |
Ending balance | 1,714 | ||
Previously stated [member] | Unrecognized revaluation surplus on prepayments for the leasehold land determined under PRC regulations [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,354 | 1,403 | |
Ending balance | 1,354 | ||
Previously stated [member] | Deductible tax losses [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,303 | 2,244 | |
Ending balance | 1,303 | ||
Previously stated [member] | Accruals of expenses not yet deductible for tax purpose [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 3,180 | 2,554 | |
Ending balance | 3,180 | ||
Previously stated [member] | Unrealized income from the transactions with Tower Company [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 445 | 697 | |
Ending balance | 445 | ||
Previously stated [member] | Gain from Tower Assets Disposal [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (372) | (745) | |
Ending balance | (372) | ||
Previously stated [member] | Accelerated depreciation of property, plant and equipment [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (5,921) | (3,870) | |
Ending balance | (5,921) | ||
Previously stated [member] | Contract costs [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (229) | 0 | |
Ending balance | (229) | ||
Previously stated [member] | Depreciation Charge of right of use asset [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 0 | 0 | |
Ending balance | 0 | ||
Previously stated [member] | Others [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 1,816 | 1,979 | |
Ending balance | 1,816 | ||
Impact on initial application of IFRS 15 [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (584) | ||
Impact on initial application of IFRS 15 [member] | Contract costs [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | (584) | ||
Impact on initial application of IFRS 9 (2014) [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 265 | ||
Impact on initial application of IFRS 9 (2014) [member] | Credit loss allowance [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 265 | ||
Increase Decrease Due To Application Of IFRS 16 [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | 271 | ||
Ending balance | 271 | ||
Increase Decrease Due To Application Of IFRS 16 [member] | Depreciation Charge of right of use asset [member] | |||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | |||
Beginning balance | ¥ 271 | ||
Ending balance | ¥ 271 |
Taxation - Summary of Temporary
Taxation - Summary of Temporary Differences (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets after offsetting | ¥ 745 | $ 114 | ¥ 1,226 | ¥ 5,973 |
Net deferred tax liabilities after offsetting | (64) | $ (10) | (87) | |
Carrying amount [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 11,858 | 9,856 | ||
Deferred tax liabilities | (11,113) | (8,630) | ||
Deferred tax assets [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax assets after offsetting | 745 | 1,226 | ||
Deferred tax assets [member] | Carrying amount [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 11,858 | 9,856 | ||
Deferred tax assets [member] | Carrying amount [member] | Credit loss allowance [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 2,475 | 1,918 | ||
Deferred tax assets [member] | Carrying amount [member] | Unrecognized revaluation surplus on prepayments for the leasehold land determined under PRC regulations [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 1,258 | 1,306 | ||
Deferred tax assets [member] | Carrying amount [member] | Deductible tax losses [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 370 | |||
Deferred tax assets [member] | Carrying amount [member] | Accruals of expenses not yet deductible for tax purpose [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 4,183 | 3,341 | ||
Deferred tax assets [member] | Carrying amount [member] | Unrealized income from the transactions with Tower Company [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 317 | 381 | ||
Deferred tax assets [member] | Carrying amount [member] | Depreciation charge of right-of-use assets [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 390 | 370 | ||
Deferred tax assets [member] | Carrying amount [member] | Deferred revenue on subscriber points reward program [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 242 | 229 | ||
Deferred tax assets [member] | Carrying amount [member] | Unrealized income for the inter-company transactions [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 368 | 227 | ||
Deferred tax assets [member] | Carrying amount [member] | Government grants relating to assets [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 794 | 695 | ||
Deferred tax assets [member] | Carrying amount [member] | Intangible assets amortization difference [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 422 | 464 | ||
Deferred tax assets [member] | Carrying amount [member] | Others [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 1,409 | 555 | ||
Deferred tax assets [member] | Carrying amount [member] | Credit loss allowance [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax assets | 18 | |||
Deferred tax liabilities [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Net deferred tax liabilities after offsetting | (64) | (87) | ||
Deferred tax liabilities [member] | Carrying amount [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax liabilities | (11,113) | (8,630) | ||
Deferred tax liabilities [member] | Carrying amount [member] | Accelerated depreciation of property, plant and equipment [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax liabilities | (11,099) | (8,572) | ||
Deferred tax liabilities [member] | Carrying amount [member] | Contract costs [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax liabilities | (39) | |||
Deferred tax liabilities [member] | Carrying amount [member] | Others [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax liabilities | (14) | (19) | ||
Deferred tax liabilities [member] | Carrying amount [member] | Accelerated depreciation for tax purpose [member] | ||||
Disclosure of temporary difference, unused tax losses and unused tax credits [Line Items] | ||||
Deferred tax liabilities | ¥ (82) | ¥ (87) |
Earnings Per Share - Summary of
Earnings Per Share - Summary of Computation of Basic and Diluted Earnings Per Share (Detail) ¥ / shares in Units, ¥ in Millions, shares in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥)¥ / sharesshares | Dec. 31, 2020USD ($)shares | Dec. 31, 2019CNY (¥)¥ / sharesshares | Dec. 31, 2018CNY (¥)¥ / sharesshares | |
Earnings per share [abstract] | ||||
Income attributable to equity shareholders of the Company used in computing basic/diluted earnings per share | ¥ 12,493 | $ 1,915 | ¥ 11,330 | ¥ 10,197 |
Weighted average number of ordinary shares outstanding used in computing basic/diluted earnings per share | shares | 30,598 | 30,598 | 30,598 | 30,598 |
Basic/Diluted earnings per share (in RMB) | ¥ / shares | ¥ 0.41 | ¥ 0.37 | ¥ 0.33 |
Property, Plant and Equipment -
Property, Plant and Equipment - Summary of Movements of Property, Plant and Equipment (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | |
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | ¥ 367,401 | ¥ 384,475 | |
End of year | 364,187 | $ 55,814 | 367,401 |
As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 384,132 | ||
Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 986,664 | 986,563 | |
Additions | 68,927 | 56,435 | |
Transfer to other assets | (5,649) | (4,415) | |
Disposals | (59,683) | (51,458) | |
End of year | 990,259 | 986,664 | |
Carrying amount [member] | Impact On Initial Application Of Ifrs 16 [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Impact of initial adoption of IFRS16 | (461) | ||
Carrying amount [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 986,102 | ||
Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (619,263) | (602,088) | |
Charge for the year | (62,624) | (65,012) | |
Disposals | 55,815 | 47,719 | |
End of year | (626,072) | (619,263) | |
Accumulated depreciation, amortization and impairment [member] | Impact On Initial Application Of Ifrs 16 [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Impact of initial adoption of IFRS16 | 118 | ||
Accumulated depreciation, amortization and impairment [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (601,970) | ||
Buildings [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 38,320 | 39,654 | |
End of year | 37,415 | 38,320 | |
Buildings [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 39,654 | ||
Buildings [member] | Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 75,160 | 73,876 | |
Additions | 34 | 160 | |
Transfer from CIP | 1,801 | 1,279 | |
Disposals | (337) | (155) | |
End of year | 76,658 | 75,160 | |
Buildings [member] | Carrying amount [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 73,876 | ||
Buildings [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (36,840) | (34,222) | |
Charge for the year | (2,680) | (2,744) | |
Disposals | 277 | 126 | |
End of year | (39,243) | (36,840) | |
Buildings [member] | Accumulated depreciation, amortization and impairment [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (34,222) | ||
Telecommunications equipment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 269,688 | 297,174 | |
End of year | 273,221 | 269,688 | |
Telecommunications equipment [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 296,831 | ||
Telecommunications equipment [member] | Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 833,423 | 846,385 | |
Additions | 767 | 225 | |
Transfer from CIP | 64,847 | 36,871 | |
Disposals | (57,643) | (49,597) | |
End of year | 841,394 | 833,423 | |
Telecommunications equipment [member] | Carrying amount [member] | Impact On Initial Application Of Ifrs 16 [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Impact of initial adoption of IFRS16 | (461) | ||
Telecommunications equipment [member] | Carrying amount [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 845,924 | ||
Telecommunications equipment [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (563,735) | (549,211) | |
Charge for the year | (58,319) | (60,598) | |
Disposals | 53,881 | 45,956 | |
End of year | (568,173) | (563,735) | |
Telecommunications equipment [member] | Accumulated depreciation, amortization and impairment [member] | Impact On Initial Application Of Ifrs 16 [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Impact of initial adoption of IFRS16 | 118 | ||
Telecommunications equipment [member] | Accumulated depreciation, amortization and impairment [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (549,093) | ||
Office furniture, fixtures, motor vehicles and other equipment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 4,434 | 4,521 | |
End of year | 4,614 | 4,434 | |
Office furniture, fixtures, motor vehicles and other equipment [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 4,521 | ||
Office furniture, fixtures, motor vehicles and other equipment [member] | Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 20,092 | 20,080 | |
Additions | 306 | 369 | |
Transfer from CIP | 1,142 | 839 | |
Disposals | (1,285) | (1,196) | |
End of year | 20,255 | 20,092 | |
Office furniture, fixtures, motor vehicles and other equipment [member] | Carrying amount [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 20,080 | ||
Office furniture, fixtures, motor vehicles and other equipment [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (15,658) | (15,559) | |
Charge for the year | (1,222) | (1,226) | |
Disposals | 1,239 | 1,127 | |
End of year | (15,641) | (15,658) | |
Office furniture, fixtures, motor vehicles and other equipment [member] | Accumulated depreciation, amortization and impairment [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (15,559) | ||
Leasehold improvements [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 809 | 938 | |
End of year | 793 | 809 | |
Leasehold improvements [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 938 | ||
Leasehold improvements [member] | Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 3,728 | 3,916 | |
Additions | 173 | 116 | |
Transfer from CIP | 214 | 194 | |
Disposals | (414) | (498) | |
End of year | 3,701 | 3,728 | |
Leasehold improvements [member] | Carrying amount [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 3,916 | ||
Leasehold improvements [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (2,919) | (2,978) | |
Charge for the year | (403) | (439) | |
Disposals | 414 | 498 | |
End of year | (2,908) | (2,919) | |
Leasehold improvements [member] | Accumulated depreciation, amortization and impairment [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (2,978) | ||
Construction-in-progress [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 54,150 | 42,188 | |
End of year | 48,144 | 54,150 | |
Construction-in-progress [member] | As Restated [Member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 42,188 | ||
Construction-in-progress [member] | Carrying amount [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 54,261 | 42,306 | |
Additions | 67,647 | 55,565 | |
Transfer from CIP | (68,004) | (39,183) | |
Transfer to other assets | (5,649) | (4,415) | |
Disposals | (4) | (12) | |
End of year | 48,251 | 54,261 | |
Construction-in-progress [member] | Carrying amount [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | 42,306 | ||
Construction-in-progress [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | (111) | (118) | |
Charge for the year | (5) | ||
Disposals | 4 | 12 | |
End of year | ¥ (107) | (111) | |
Construction-in-progress [member] | Accumulated depreciation, amortization and impairment [member] | Previously stated [member] | |||
Disclosure of detailed information about property, plant and equipment [Line Items] | |||
Beginning of year | ¥ (118) |
Property,Plant and Equipment -
Property,Plant and Equipment - Additional Information (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | |||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Jan. 01, 2019 | |
Disclosure of detailed information about property, plant and equipment [Line Items] | ||||
Net book value of assets held under finance leases | ¥ 343 | |||
Interest expense | ¥ 206 | ¥ 387 | ¥ 534 | |
Disposal of property, plant and equipment | 3,868 | 3,739 | 5,253 | |
Sales consideration | 1,503 | 1,560 | 1,105 | |
Gain (loss) on disposal of property, plant and equipment | ¥ (2,365) | ¥ (2,179) | ¥ (4,148) | |
Bottom of range [member] | ||||
Disclosure of detailed information about property, plant and equipment [Line Items] | ||||
Capitalized borrowing rate | 2.35% | 3.07% | 3.16% | |
Top of range [member] | ||||
Disclosure of detailed information about property, plant and equipment [Line Items] | ||||
Capitalized borrowing rate | 3.12% | 3.49% | 3.61% |
Right of use Assets - Detailed
Right of use Assets - Detailed Information About Right Of Use Assets (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | |
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | ¥ 43,073 | ||
End of year | 37,960 | $ 5,818 | ¥ 43,073 |
Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 70,333 | 0 | |
Additions | 8,211 | 6,906 | |
Disposals | (5,379) | (461) | |
End of year | 73,165 | 70,333 | |
Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (27,260) | 0 | |
Disposals | 4,632 | 461 | |
Charge for the year | (12,577) | (11,192) | |
End of year | (35,205) | (27,260) | |
Impact On Initial Application Of Ifrs 16 [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 63,888 | ||
Impact On Initial Application Of Ifrs 16 [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (16,529) | ||
As Restated [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 47,359 | ||
As Restated [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 63,888 | ||
As Restated [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (16,529) | ||
Buildings [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 9,325 | ||
End of year | 7,670 | 9,325 | |
Buildings [member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 17,730 | 0 | |
Additions | 2,721 | 3,620 | |
Disposals | (4,584) | ||
End of year | 15,867 | 17,730 | |
Buildings [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (8,405) | 0 | |
Disposals | 4,093 | ||
Charge for the year | (3,885) | (3,443) | |
End of year | (8,197) | (8,405) | |
Buildings [member] | Impact On Initial Application Of Ifrs 16 [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 14,110 | ||
Buildings [member] | Impact On Initial Application Of Ifrs 16 [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (4,962) | ||
Buildings [member] | As Restated [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 9,148 | ||
Buildings [member] | As Restated [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 14,110 | ||
Buildings [member] | As Restated [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (4,962) | ||
Telecommunications equipment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 23,922 | ||
End of year | 20,558 | 23,922 | |
Telecommunications equipment [member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 37,984 | 0 | |
Additions | 5,023 | 2,814 | |
Disposals | (551) | (461) | |
End of year | 42,456 | 37,984 | |
Telecommunications equipment [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (14,062) | 0 | |
Disposals | 304 | 461 | |
Charge for the year | (8,140) | (7,308) | |
End of year | (21,898) | (14,062) | |
Telecommunications equipment [member] | Impact On Initial Application Of Ifrs 16 [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 35,631 | ||
Telecommunications equipment [member] | Impact On Initial Application Of Ifrs 16 [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (7,215) | ||
Telecommunications equipment [member] | As Restated [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 28,416 | ||
Telecommunications equipment [member] | As Restated [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 35,631 | ||
Telecommunications equipment [member] | As Restated [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (7,215) | ||
Land use rights [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 9,173 | ||
End of year | 8,907 | 9,173 | |
Land use rights [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 13,682 | 0 | |
Additions | 41 | 178 | |
Disposals | (14) | ||
End of year | 13,709 | 13,682 | |
Land use rights [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (4,509) | 0 | |
Disposals | 5 | ||
Charge for the year | (298) | (295) | |
End of year | (4,802) | (4,509) | |
Land use rights [Member] | Impact On Initial Application Of Ifrs 16 [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 13,504 | ||
Land use rights [Member] | Impact On Initial Application Of Ifrs 16 [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (4,214) | ||
Land use rights [Member] | As Restated [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 9,290 | ||
Land use rights [Member] | As Restated [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 13,504 | ||
Land use rights [Member] | As Restated [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (4,214) | ||
Other assets [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 653 | ||
End of year | 825 | 653 | |
Other assets [member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 937 | 0 | |
Additions | 426 | 294 | |
Disposals | (230) | ||
End of year | 1,133 | 937 | |
Other assets [member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (284) | 0 | |
Disposals | 230 | ||
Charge for the year | (254) | (146) | |
End of year | ¥ (308) | (284) | |
Other assets [member] | Impact On Initial Application Of Ifrs 16 [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 643 | ||
Other assets [member] | Impact On Initial Application Of Ifrs 16 [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | (138) | ||
Other assets [member] | As Restated [Member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 505 | ||
Other assets [member] | As Restated [Member] | Carrying amount [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | 643 | ||
Other assets [member] | As Restated [Member] | Accumulated depreciation, amortization and impairment [member] | |||
Disclosure of detailed information about Right of use Assets [Line Items] | |||
Beginning of year | ¥ (138) |
Right-Of-Use Assets - Additiona
Right-Of-Use Assets - Additional Information (Detail) ¥ in Millions | Jan. 01, 2019CNY (¥) |
Right-of-use assets [Member] | |
Disclosure of detailed information about Right of use Assets [Line Items] | |
Net book value of assets held under finance leases | ¥ 343 |
Land Use Rights [Member] | |
Disclosure of detailed information about Right of use Assets [Line Items] | |
Net book value additions to right of use assets | ¥ 9,290 |
Goodwill - Additional Informati
Goodwill - Additional Information (Detail) - CNY (¥) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure Of Goodwill [abstract] | ||
Pre-tax cash flow projections period | 5 years | 5 years |
Service revenue annual growth rate | 1.00% | 1.00% |
Discount rate | 11.00% | 11.00% |
Impairment of goodwill | ¥ 0 | ¥ 0 |
Investments in Subsidiaries - S
Investments in Subsidiaries - Summary of Company's Subsidiaries (Detail) | 12 Months Ended | ||||||||||||||||||
Dec. 31, 2020CNY (¥)¥ / sharesshares | Dec. 31, 2020HKD ($)shares | Dec. 31, 2020VND (₫)shares | Dec. 31, 2020BRL (R$)shares | Dec. 31, 2020RUB (₽)shares | Dec. 31, 2020$ / shares | Dec. 31, 2020Rp / shares | Dec. 31, 2020₱ / shares | Dec. 31, 2020៛ / shares | Dec. 31, 2020RM / shares | Dec. 31, 2020₩ / shares | Dec. 31, 2020฿ / shares | Dec. 31, 2020$ / shares | Dec. 31, 2020£ / shares | Dec. 31, 2020¥ / shares | Dec. 31, 2020R / shares | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) | |
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Issued share capital, value | ¥ 254,056,000,000 | ¥ 254,056,000,000 | ¥ 254,056,000,000 | ¥ 254,056,000,000 | |||||||||||||||
China United Network Communications Corporation Limited ("CUCL") [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China United Network Communications Corporation Limited (“CUCL”) | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 21, 2000 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 213,044,797,828 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in the PRC | ||||||||||||||||||
China United Network Communications Corporation Limited ("CUCL") [member] | Direct [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Global Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Global Limited | ||||||||||||||||||
Place of incorporation/establishment | Hong Kong | ||||||||||||||||||
Date of incorporation/establishment | May 29, 2015 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, value | $ | $ 2,625,097,491 | ||||||||||||||||||
Principal activities and place of operation | Investment holding | ||||||||||||||||||
China Unicom Global Limited [member] | Direct [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Hong Kong) Operations Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Hong Kong) Operations Limited | ||||||||||||||||||
Place of incorporation/establishment | Hong Kong | ||||||||||||||||||
Date of incorporation/establishment | May 24, 2000 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, value | $ | $ 1,510,100,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Hong Kong | ||||||||||||||||||
China Unicom (Hong Kong) Operations Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Americas) Operations Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Americas) Operations Limited | ||||||||||||||||||
Place of incorporation/establishment | USA | ||||||||||||||||||
Date of incorporation/establishment | May 24, 2002 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, shares | shares | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | ||||||||||||||
Issued share capital, par value | $ / shares | $ 100 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in the USA | ||||||||||||||||||
China Unicom (Americas) Operations Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Europe) Operations Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Europe) Operations Limited | ||||||||||||||||||
Place of incorporation/establishment | The United Kingdom | ||||||||||||||||||
Date of incorporation/establishment | Nov. 8, 2006 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, shares | shares | 4,861,000 | 4,861,000 | 4,861,000 | 4,861,000 | 4,861,000 | ||||||||||||||
Issued share capital, par value | £ / shares | £ 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in the United Kingdom | ||||||||||||||||||
China Unicom (Europe) Operations Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Japan) Operations Corporation [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Japan) Operations Corporation | ||||||||||||||||||
Place of incorporation/establishment | Japan | ||||||||||||||||||
Date of incorporation/establishment | Jan. 25, 2007 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, shares | shares | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||||||||
Issued share capital, par value | ¥ / shares | ¥ 366,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in Japan | ||||||||||||||||||
China Unicom (Japan) Operations Corporation [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Singapore) Operations Pte Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Singapore) Operations Pte Limited | ||||||||||||||||||
Place of incorporation/establishment | Singapore | ||||||||||||||||||
Date of incorporation/establishment | Aug. 5, 2009 | ||||||||||||||||||
Nature of legal entity | limited company | ||||||||||||||||||
Issued share capital, shares | shares | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | ||||||||||||||
Issued share capital, par value | ¥ / shares | ¥ 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in Singapore | ||||||||||||||||||
China Unicom (Singapore) Operations Pte Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (South Africa) Operations (Pty) Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (South Africa) Operations (Pty) Limited | ||||||||||||||||||
Place of incorporation/establishment | South Africa | ||||||||||||||||||
Date of incorporation/establishment | Nov. 19, 2012 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 100 | 100 | 100 | 100 | 100 | ||||||||||||||
Issued share capital, par value | R / shares | R 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in South Africa | ||||||||||||||||||
China Unicom (South Africa) Operations (Pty) Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (MYA) Operations Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (MYA) Operations Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The Republic of the Union of Myanmar (“Myanmar”) | ||||||||||||||||||
Date of incorporation/establishment | Jun. 7, 2013 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 2,150,000 | 2,150,000 | 2,150,000 | 2,150,000 | 2,150,000 | ||||||||||||||
Issued share capital, par value | $ / shares | $ 1 | ||||||||||||||||||
Principal activities and place of operation | Communications technology training in Myanmar | ||||||||||||||||||
China Unicom (MYA) Operations Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Australia) Operations Pty Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Australia) Operations Pty Limited | ||||||||||||||||||
Place of incorporation/establishment | Australia | ||||||||||||||||||
Date of incorporation/establishment | May 27, 2014 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 7,152,953 | 7,152,953 | 7,152,953 | 7,152,953 | 7,152,953 | ||||||||||||||
Issued share capital, par value | $ / shares | $ 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in Australia | ||||||||||||||||||
China Unicom (Australia) Operations Pty Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Russia) Operations Limited Liability Company [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Russia) Operations Limited Liability Company | ||||||||||||||||||
Place of incorporation/establishment | Russia | ||||||||||||||||||
Date of incorporation/establishment | Dec. 28, 2016 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ₽ | ₽ 10,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Russia | ||||||||||||||||||
China Unicom (Russia) Operations Limited Liability Company [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Brazil) Telecommunications Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Brazil) Telecommunications Limited | ||||||||||||||||||
Place of incorporation/establishment | Brazil | ||||||||||||||||||
Date of incorporation/establishment | Jun. 23, 2016 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | R$ | R$ 21165840 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Brazil | ||||||||||||||||||
China Unicom (Brazil) Telecommunications Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Brazil) Holdings Ltda. [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Brazil) Holdings Ltda. | ||||||||||||||||||
Place of incorporation/establishment | Brazil | ||||||||||||||||||
Date of incorporation/establishment | Oct. 27, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | R$ | R$ 21277298 | ||||||||||||||||||
Principal activities and place of operation | Investment holding | ||||||||||||||||||
China Unicom (Brazil) Holdings Ltda. [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Operations (Thailand) Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Operations (Thailand) Limited | ||||||||||||||||||
Place of incorporation/establishment | Thailand | ||||||||||||||||||
Date of incorporation/establishment | Nov. 20, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | ||||||||||||||
Issued share capital, par value | ฿ / shares | ฿ 100 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Thailand | ||||||||||||||||||
China Unicom Operations (Thailand) Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Operations (Malaysia) Sdn. Bhd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Operations (Malaysia) Sdn. Bhd. | ||||||||||||||||||
Place of incorporation/establishment | Malaysia | ||||||||||||||||||
Date of incorporation/establishment | Nov. 10, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 3,200,000 | 3,200,000 | 3,200,000 | 3,200,000 | 3,200,000 | ||||||||||||||
Issued share capital, par value | RM / shares | RM 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Malaysia | ||||||||||||||||||
China Unicom Operations (Malaysia) Sdn. Bhd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Operations Korea Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Operations Korea Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | Korea | ||||||||||||||||||
Date of incorporation/establishment | Nov. 24, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | ||||||||||||||
Issued share capital, par value | ₩ / shares | ₩ 5,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Korea | ||||||||||||||||||
China Unicom Operations Korea Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Vietnam) Operations Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Vietnam) Operations Company Limited | ||||||||||||||||||
Place of incorporation/establishment | Vietnam | ||||||||||||||||||
Date of incorporation/establishment | Apr. 19, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ₫ | ₫ 2,276,000,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Vietnam | ||||||||||||||||||
China Unicom (Vietnam) Operations Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Cambodia) Operations Co.Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Cambodia) Operations Co.Ltd | ||||||||||||||||||
Place of incorporation/establishment | Cambodia | ||||||||||||||||||
Date of incorporation/establishment | May 11, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | ||||||||||||||
Issued share capital, par value | ៛ / shares | ៛ 4,000 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Cambodia | ||||||||||||||||||
China Unicom (Cambodia) Operations Co.Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Unicom Vsens Telecommunications Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Vsens Telecommunications Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Aug. 19, 2008 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 610,526,500 | ||||||||||||||||||
Principal activities and place of operation | Sales of handsets, telecommunication equipment and provision of technical services in the PRC | ||||||||||||||||||
Unicom Vsens Telecommunications Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Unicom Digital Technology Co,.Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Digital Technology Co,.Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 30, 2006 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 6,749,318,313.27 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
Unicom Digital Technology Co,.Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Online Information Technology Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Online Information Technology Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 29, 2006 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 400,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of internet information services and value-added telecommunications services in the PRC | ||||||||||||||||||
China Unicom Online Information Technology Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Beijing Telecom Planning and Designing Institute Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Beijing Telecom Planning and Designing Institute Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 25, 1996 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 264,227,115 | ||||||||||||||||||
Principal activities and place of operation | Provision of telecommunications network construction, planning and technical consulting services in the PRC | ||||||||||||||||||
Beijing Telecom Planning and Designing Institute Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Information Technology Designing & Consulting Institute Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Information Technology Designing & Consulting Institute Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Nov. 11, 1991 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 430,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of consultancy, survey, design and contract services relating to information projects and construction projects in the telecommunications industry in the PRC | ||||||||||||||||||
China Information Technology Designing & Consulting Institute Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Information Navigation Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Information Navigation Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Sep. 17, 1998 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 6,825,087,800 | ||||||||||||||||||
Principal activities and place of operation | Provision of customer services in the PRC | ||||||||||||||||||
China Unicom Information Navigation Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Huaxia P&T Project Consultation and Management Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Huaxia P&T Project Consultation and Management Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 5, 1998 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,100,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of project design consultation and monitoring in the PRC | ||||||||||||||||||
Huaxia P&T Project Consultation and Management Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Zhengzhou Kaicheng Industrial Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Zhengzhou Kaicheng Industrial Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Dec. 21, 2005 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 2,200,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of property management services in the PRC | ||||||||||||||||||
Zhengzhou Kaicheng Industrial Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Unicompay Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicompay Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 11, 2011 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 250,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of e-payment services in the PRC | ||||||||||||||||||
Unicompay Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Beijing Wo Digital Media Advertising Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Beijing Wo Digital Media Advertising Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jul. 21, 2006 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 20,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of advertising design, production, agency and publication in the PRC | ||||||||||||||||||
Beijing Wo Digital Media Advertising Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Unicom Cloud Data Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Cloud Data Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jun. 4, 2013 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 4,000,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of technology development, transfer and consulting service in the PRC | ||||||||||||||||||
Unicom Cloud Data Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Unicom Innovation Investment Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Innovation Investment Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 29, 2014 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 3,040,000,000 | ||||||||||||||||||
Principal activities and place of operation | Venture capital investment business in the PRC | ||||||||||||||||||
Unicom Innovation Investment Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Xiaowo Technology Co. Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Xiaowo Technology Co. Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Oct. 24, 2014 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 200,000,000 | ||||||||||||||||||
Principal activities and place of operation | Communications technology development and promotion in the PRC | ||||||||||||||||||
Xiaowo Technology Co. Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Smart Connection Technology Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Smart Connection Technology Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Aug. 7, 2015 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 246,796,148 | ||||||||||||||||||
Principal activities and place of operation | Auto informatization in the PRC | ||||||||||||||||||
China Unicom Smart Connection Technology Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 68.88% | ||||||||||||||||||
Unicom Intelligent Network Ruixing Technology (Beijing) Co., Ltd.[member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Intelligent Network Ruixing Technology (Beijing) Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Sep. 26, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 10,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of technology promotion service of intelligent transportation system’s products in the PRC | ||||||||||||||||||
Unicom Intelligent Network Ruixing Technology (Beijing) Co., Ltd.[member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 55.10% | ||||||||||||||||||
Unicom Intelligent Vehicle Technology (Shanghai) Co., Ltd. | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Intelligent Vehicle Technology (Shanghai) Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Sep. 28, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 10,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of technology development, technology consultation and other services in the PRC | ||||||||||||||||||
Unicom Intelligent Vehicle Technology (Shanghai) Co., Ltd. | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 68.88% | ||||||||||||||||||
China Unicom Finance Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Finance Company | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jun. 17, 2016 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 3,000,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of financial services in the PRC | ||||||||||||||||||
China Unicom Finance Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 91.00% | ||||||||||||||||||
China Unicom Innovation Investment Company (Shenzhen) Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Innovation Investment Company (Shenzhen) Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jan. 28, 2016 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 200,000 | ||||||||||||||||||
Principal activities and place of operation | Venture capital investment business in the PRC | ||||||||||||||||||
China Unicom Innovation Investment Company (Shenzhen) Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Innovation Investment Company (Guizhou) Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Innovation Investment Company (Guizhou) Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Oct. 8, 2016 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 1,000,000 | ||||||||||||||||||
Principal activities and place of operation | Venture capital investment business in the PRC | ||||||||||||||||||
China Unicom Innovation Investment Company (Guizhou) Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 60.00% | ||||||||||||||||||
China Unicom Innovation Investment (Shenzhen) Investment Centre [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Innovation Investment (Shenzhen) Investment Centre | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Feb. 1, 2016 | ||||||||||||||||||
Nature of legal entity | limited partnership | ||||||||||||||||||
Issued share capital, value | ¥ 79,300,000 | ||||||||||||||||||
Principal activities and place of operation | Venture capital investment business in the PRC | ||||||||||||||||||
China Unicom Innovation Investment (Shenzhen) Investment Centre [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Big Data Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Unicom Big Data Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Aug. 24, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 500,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of data processing service in the PRC | ||||||||||||||||||
China Unicom Big Data Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Liantong Travel Service (Beijing) Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Liantong Travel Service (Beijing) Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Sep. 30, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 30,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of tourism and information services in the PRC | ||||||||||||||||||
Liantong Travel Service (Beijing) Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Guangdong Branch) Intenet Industry Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Guangdong Branch) Internet Industry Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jan. 5, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 100,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Guangdong Branch) Intenet Industry Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Zhejiang) Industry Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Zhejiang) Industry Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jun. 20, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 11,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Zhejiang) Industry Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (ShanDong) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (ShanDong) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 3, 2017 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (ShanDong) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Fujian) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Fujian) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Feb. 23, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Fujian) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Shanxi) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Shanxi) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 21, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Shanxi) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Xiongan Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Xiongan Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 25, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 15,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom Xiongan Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (sichuan) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Sichuan) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 29, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (sichuan) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Liaoning) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Liaoning) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 28, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 20,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Liaoning) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Shaanxi) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Shaanxi) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 27, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 20,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Shaanxi) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Jiangsu) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Jiangsu) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | May 9, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 26,200,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Jiangsu) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Shanghai) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Shanghai) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 13, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 20,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Shanghai) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Heilongjiang) Industrial Internet Company Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Heilongjiang) Industrial Internet Company Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 14, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 50,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom (Heilongjiang) Industrial Internet Company Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Video Technology Co., Ltd. [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Video Technology Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Jan. 17, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 100,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of technology research and development, consultation and services of TV Video and Mobile Video in the PRC | ||||||||||||||||||
China Unicom Video Technology Co., Ltd. [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Internet of Things Corporation Limited [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Internet of Things Corporation Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 16, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 207,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of internet of things technology, system development and technical consultation, sales and maintenance of system and equipment and online data processing and transaction business in the PRC | ||||||||||||||||||
China Unicom Internet of Things Corporation Limited [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom High-tech Big Data Artificial Intelligence Technology (Chengdu) Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom High-tech Big Data Artificial Intelligence Technology (Chengdu) Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Mar. 29, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 10,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of Big Data Service, cloud computation and infrastructure service in the PRC | ||||||||||||||||||
China Unicom High-tech Big Data Artificial Intelligence Technology (Chengdu) Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 51.00% | ||||||||||||||||||
China Unicom iRead Science and Culture, Co., Ltd. [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom iRead Science and Culture Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 28, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 51,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of Online Video, Online Reading Material in the PRC | ||||||||||||||||||
China Unicom iRead Science and Culture, Co., Ltd. [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom WO Music & Culture Co., Ltd. [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom WO Music & Culture Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | May 8, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 100,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of Network Music Service in the PRC | ||||||||||||||||||
China Unicom WO Music & Culture Co., Ltd. [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Leasing Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Leasing Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 11, 2018 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 2,500,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of Financing leasing business in the PRC | ||||||||||||||||||
China Unicom Leasing Co., Ltd [member] | Direct [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 25.00% | ||||||||||||||||||
China Unicom Leasing Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 75.00% | ||||||||||||||||||
Yunjing Culture And Tourism Technology Co.,Ltd [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Yunjing Culture And Tourism Technology Co., LTD | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Feb. 27, 2019 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 20,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of data analysis, processing and application services in the PRC | ||||||||||||||||||
Yunjing Culture And Tourism Technology Co.,Ltd [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 60.00% | ||||||||||||||||||
Yundun Intelligent Security Technology Co.,Ltd [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Yundun Intelligent Security Technology Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Nov. 11, 2019 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 51,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of software development; technology promotion and development in the PRC | ||||||||||||||||||
Yundun Intelligent Security Technology Co.,Ltd [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 51.00% | ||||||||||||||||||
PT China Unicom Indonesia Operations [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | PT China Unicom Indonesia Operations | ||||||||||||||||||
Place of incorporation/establishment | Indonesia | ||||||||||||||||||
Date of incorporation/establishment | Oct. 25, 2019 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 20,000,000,001 | 20,000,000,001 | 20,000,000,001 | 20,000,000,001 | 20,000,000,001 | ||||||||||||||
Issued share capital, par value | Rp / shares | Rp 1 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Indonesia | ||||||||||||||||||
PT China Unicom Indonesia Operations [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom (Philippines) Operations Inc | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom (Philippines) Operations Inc | ||||||||||||||||||
Place of incorporation/establishment | Philippines | ||||||||||||||||||
Date of incorporation/establishment | Nov. 6, 2019 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, shares | shares | 103,012 | 103,012 | 103,012 | 103,012 | 103,012 | ||||||||||||||
Issued share capital, par value | ₱ / shares | ₱ 100 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications service in Philippines | ||||||||||||||||||
China Unicom (Philippines) Operations Inc | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Henan Industrial Internet Company Limited [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Henan Industrial Interconnection &Technology Co, Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | May 30, 2019 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 53,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of information communications technology services in the PRC | ||||||||||||||||||
China Unicom Henan Industrial Internet Company Limited [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 40.00% | ||||||||||||||||||
Guangdong Unicom Communication Construction Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Guangdong Unicom Communication Construction Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | May 28, 2013 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 30,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of telecommunications network construction, maintenance and technical services in the PRC | ||||||||||||||||||
Guangdong Unicom Communication Construction Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
China Unicom Intelligence Security Technology Corporation Limited [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | China Unicom Intelligence Security Technology Corporation Limited | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Aug. 15, 2007 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 150,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of technical development and consultation in the PRC | ||||||||||||||||||
China Unicom Intelligence Security Technology Corporation Limited [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Wobaifu Information Technology (Tianjin) Co., LTD [Member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Wobaifu Information Technology (Tianjin) Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Apr. 17, 2020 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 10,000,000 | ||||||||||||||||||
Principal activities and place of operation | Provision of software and information technology service in the PRC | ||||||||||||||||||
Wobaifu Information Technology (Tianjin) Co., LTD [Member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 100.00% | ||||||||||||||||||
Changchun FAW Communications Technology Co., Ltd. [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Changchun FAW Communications Technology Co., Ltd. | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Sep. 27, 2002 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Issued share capital, value | ¥ 86,458,600 | ||||||||||||||||||
Principal activities and place of operation | Telecommunications operation in the PRC | ||||||||||||||||||
Changchun FAW Communications Technology Co., Ltd. [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 51.00% | ||||||||||||||||||
Yichun Digital Economy Industry Operation Co., Ltd [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Name | Yichun Digital Economy Industry Operation Co., Ltd | ||||||||||||||||||
Place of incorporation/establishment | The PRC | ||||||||||||||||||
Date of incorporation/establishment | Dec. 14, 2020 | ||||||||||||||||||
Nature of legal entity | limited liability company | ||||||||||||||||||
Principal activities and place of operation | Provision of technology development, technology consultation and other services in the PRC | ||||||||||||||||||
Yichun Digital Economy Industry Operation Co., Ltd [member] | Indirectly [member] | |||||||||||||||||||
Disclosure of subsidiaries [Line Items] | |||||||||||||||||||
Percentage of equity interests held | 51.00% |
Interest in Associates - Summar
Interest in Associates - Summary of Share of Net Assets in Associates (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of associates [abstract] | |||
Share of net assets | ¥ 38,802 | $ 5,947 | ¥ 36,445 |
Interest in Associates - Summ_2
Interest in Associates - Summary of Particulars of Material Associate (Detail) - CNY (¥) | 1 Months Ended | 12 Months Ended | |||
Aug. 31, 2018 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2017 | Dec. 31, 2018 | |
Disclosure of associates [Line Items] | |||||
Proportion of ownership interest held by a subsidiary | 20.65% | 20.65% | |||
Paid up capital | ¥ 254,056,000,000 | ¥ 254,056,000,000 | ¥ 254,056,000,000 | ¥ 254,056,000,000 | |
China Tower Corporation Limited ("Tower Company") [member] | |||||
Disclosure of associates [Line Items] | |||||
Name | Tower Company | ||||
Form of business structure | Incorporated | ||||
Place of incorporation | The PRC | ||||
Place of business | The PRC | ||||
Proportion of ownership interest held by a subsidiary | 20.65% | 20.65% | 20.65% | 28.10% | |
Paid up capital | ¥ 176,008,471,024 | ||||
Principal activities | Construction, maintenance and operation of communications towers in the PRC (Note 45.2) |
Interest in Associates - Additi
Interest in Associates - Additional Informations (Detail) ¥ in Millions, $ in Millions | 1 Months Ended | 12 Months Ended | ||||
Aug. 31, 2018CNY (¥) | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017 | |
Disclosure of associates and joint ventures [line items] | ||||||
Share of net profit of associates under equity method | ¥ 1,588 | $ 243 | ¥ 1,359 | ¥ 2,477 | ||
Group's effective interest | 20.65% | 20.65% | 20.65% | |||
China Tower Corporation Limited ("Tower Company") [member] | ||||||
Disclosure of associates and joint ventures [line items] | ||||||
Share of net profit of associates under equity method | ¥ 793 | |||||
Group's effective interest | 20.65% | 20.65% | 20.65% | 20.65% | 28.10% | |
Realization of unrealized profit | ¥ 682 | |||||
Fair value of investments in associates for which there are quoted market prices | ¥ 34,873 | ¥ 56,000 | ||||
Impairment of investment | ¥ 0 |
Interest in Associates - Summ_3
Interest in Associates - Summary of Financial Information of Material Associate (Detail) ¥ in Millions, $ in Millions | 1 Months Ended | 12 Months Ended | |||||
Aug. 31, 2018 | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) | Dec. 31, 2020USD ($) | |
Disclosure of associates [Line Items] | |||||||
Current assets | ¥ 108,636 | ¥ 83,595 | ¥ 76,722 | $ 16,649 | |||
Non-current assets | 471,980 | 478,904 | 495,261 | 72,334 | |||
Current liabilities | (222,028) | (205,190) | (34,027) | ||||
Non-current liabilities | (31,068) | (36,554) | (4,761) | ||||
Equity | 327,520 | 320,755 | ¥ 304,347 | 50,195 | |||
Revenue | 303,838 | $ 46,565 | 290,515 | ¥ 290,877 | |||
Income for the year | 12,577 | 1,928 | 11,372 | 10,257 | |||
Total comprehensive income for the year | ¥ 10,871 | $ 1,666 | ¥ 10,871 | ¥ 10,012 | |||
Reconciled to the Group's interest in the associate: | |||||||
The Group's effective interest | 20.65% | 20.65% | 20.65% | ||||
Carrying amount | ¥ 38,802 | ¥ 36,445 | $ 5,947 | ||||
China Tower Corporation Limited ("Tower Company") [member] | |||||||
Disclosure of associates [Line Items] | |||||||
Current assets | 43,204 | 40,995 | |||||
Non-current assets | 294,176 | 297,072 | |||||
Current liabilities | (106,635) | (128,364) | |||||
Non-current liabilities | (44,499) | (27,142) | |||||
Equity | (186,246) | (182,561) | |||||
Revenue | 81,099 | 76,428 | |||||
Income for the year | 6,427 | 5,221 | |||||
Total comprehensive income for the year | 6,427 | 5,221 | |||||
Reconciled to the Group's interest in the associate: | |||||||
Net assets of the associate | ¥ 186,246 | ¥ 182,561 | |||||
The Group's effective interest | 20.65% | 20.65% | 20.65% | 20.65% | 28.10% | ||
Carrying amount | ¥ 37,198 | ¥ 36,176 | |||||
China Tower Corporation Limited ("Tower Company") [member] | Carrying amount [member] | |||||||
Reconciled to the Group's interest in the associate: | |||||||
Carrying amount | 38,460 | 37,697 | |||||
China Tower Corporation Limited ("Tower Company") [member] | Adjustment for the remaining balance of the deferred gain from the Group's Tower Assets Disposal [member] | |||||||
Reconciled to the Group's interest in the associate: | |||||||
Carrying amount | ¥ (1,262) | ¥ (1,521) |
Interest in Associates - Summ_4
Interest in Associates - Summary of Fair Values of Interests in Associates Based on Quoted Market Prices Without any Deduction for Transaction Costs (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of associates [Line Items] | |||
Carrying amount | ¥ 38,802 | $ 5,947 | ¥ 36,445 |
Interest in listed associate-Tower Company [Member] | |||
Disclosure of associates [Line Items] | |||
Carrying amount | 37,198 | 36,176 | |
Fair value | ¥ 34,873 | ¥ 56,000 |
Interest in Joint Ventures - Su
Interest in Joint Ventures - Summary of Interests In Joint Venture (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of joint ventures [abstract] | ||
Share of net assets | ¥ 5,656 | ¥ 4,771 |
Interest in Joint Ventures - _2
Interest in Joint Ventures - Summary of Company's Interest in Joint Venture (Detail) - Merchants Union Consumer Finance Company Limited [member] - CNY (¥) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of joint ventures [line items] | ||
Form of business structure | Incorporated | |
Place of incorporation and business | The PRC | |
Proportion of ownership interest held by a subsidiary | 50.00% | 50.00% |
Paid up capital | ¥ 3,868,960,000 | |
Principal activities | Consumer finance consulting in the PRC |
Interest in Joint Ventures - _3
Interest in Joint Ventures - Summary of Financial Information of Material Joint Venture (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2017CNY (¥) | |
Disclosure of joint ventures [line items] | ||||||
Assets | ¥ 580,616 | ¥ 562,499 | $ 88,983 | ¥ 571,983 | ||
Liabilities | (253,096) | (241,744) | (38,788) | |||
Equity | (327,520) | (320,755) | (50,195) | ¥ (304,347) | ||
Revenue | 303,838 | $ 46,565 | 290,515 | ¥ 290,877 | ||
Net income for the year | 12,577 | 1,928 | 11,372 | 10,257 | ||
Total comprehensive income for the year | 10,871 | 1,666 | 10,871 | 10,012 | ||
Interest income | 1,366 | 209 | 1,272 | 1,712 | ||
Interest expense | (1,747) | (268) | (2,123) | (1,625) | ||
Income tax expense | (3,450) | $ (528) | (2,795) | ¥ (2,824) | ||
Reconciled to the Group's interests in the joint venture: | ||||||
Carrying amount in the consolidated financial statements | 5,656 | 4,771 | $ 867 | |||
Merchants Union Consumer Finance Company Limited [member] | ||||||
Disclosure of joint ventures [line items] | ||||||
Assets | 108,311 | 92,697 | ||||
Liabilities | (97,283) | (83,337) | ||||
Equity | (11,028) | (9,360) | ||||
Revenue | 12,651 | 10,740 | ||||
Net income for the year | 1,668 | 1,466 | ||||
Total comprehensive income for the year | 1,668 | 1,466 | ||||
Interest income | 15,710 | 13,055 | ||||
Interest expense | (3,059) | (3,178) | ||||
Income tax expense | (728) | (426) | ||||
Reconciled to the Group's interests in the joint venture: | ||||||
Net assets of the joint venture | ¥ 11,028 | ¥ 9,360 | ||||
The Group's effective interest | 50.00% | 50.00% | 50.00% | |||
Carrying amount in the consolidated financial statements | ¥ 5,514 | ¥ 4,680 |
Contract Assets and Contract _3
Contract Assets and Contract Liabilities - Summary of Contract Assets (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of contract assets [line items] | |||
Less: Current portion | ¥ (823) | $ (126) | ¥ (1,308) |
Contract assets | 103 | 595 | |
Contract assets from bundle sales of mobile handsets and provision of service, net of allowance [member] | |||
Disclosure of contract assets [line items] | |||
Contract assets | 832 | 1,856 | |
Others [Member] | |||
Disclosure of contract assets [line items] | |||
Contract assets | 94 | 47 | |
Sub-total [Member] | |||
Disclosure of contract assets [line items] | |||
Contract assets | ¥ 926 | ¥ 1,903 |
Contract Assets and Contract _4
Contract Assets and Contract Liabilities - Summary of Contract Liabilities (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of contract liabilities [line items] | ||
Contract liabilities | ¥ 42,641 | ¥ 40,648 |
Advances received from customers for future services [member] | ||
Disclosure of contract liabilities [line items] | ||
Contract liabilities | 41,537 | 39,498 |
Other contract liabilities [member] | ||
Disclosure of contract liabilities [line items] | ||
Contract liabilities | ¥ 1,104 | ¥ 1,150 |
Contract Costs - Schedule of Co
Contract Costs - Schedule of Contract Costs (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of detailed information about contract costs [line items] | |||
Contract costs | ¥ 3,672 | $ 563 | ¥ 4,923 |
Direct incremental costs of broadband and IPTV service [member] | |||
Disclosure of detailed information about contract costs [line items] | |||
Contract costs | 2,410 | 3,079 | |
Sales commissions [member] | |||
Disclosure of detailed information about contract costs [line items] | |||
Contract costs | ¥ 1,262 | ¥ 1,844 |
Contract Costs - Schedule of _2
Contract Costs - Schedule of Contract Costs (Parenthetical) (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of detailed information about contract costs [line items] | ||
Impairment loss for capitalized costs | ¥ 0 | ¥ 0 |
Sales commissions [member] | ||
Disclosure of detailed information about contract costs [line items] | ||
Capitalized sales commissions recognized in profit or loss | 1,152 | 1,472 |
Capitalized sales commissions expected to recovered after more than one year | 396 | 811 |
Direct incremental costs for activating broadband and IPTV subscribers [member] | ||
Disclosure of detailed information about contract costs [line items] | ||
Capitalized direct incremental costs for activating broadband and IPTV subscribers expected to recovered after more than one year | 719 | 893 |
Capitalized direct incremental costs for activating broadband and IPTV subscribers recognized in profit or loss | ¥ 2,524 | ¥ 2,891 |
Financial Assets Measured at _3
Financial Assets Measured at Fair Value - Summary of Financial Assets at Fair Value (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Non-current portion: | ||
Equity securities designated at FVOCI (non-recycling) | ¥ 1,838 | ¥ 3,323 |
Financial assets measured at FVPL | 934 | 568 |
Non-current financial assets | 3,493 | 3,891 |
Current portion: | ||
Financial assets measured at FVPL | 1,560 | 202 |
Current financial assets | 24,189 | 202 |
Total | 27,682 | ¥ 4,093 |
Debt securities [member] | ||
Non-current portion: | ||
Debt securities measured at FVOCI (recycling) | 721 | |
Current portion: | ||
Debt securities measured at FVOCI (recycling) | ¥ 22,629 |
Financial Assets Measured at _4
Financial Assets Measured at Fair Value - Summary of Financial Assets at Fair Value through Other Comprehensive Income (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of financial assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | ¥ 1,838 | ¥ 3,323 |
Listed in the PRC [member] | ||
Disclosure of financial assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | 114 | 143 |
Listed outside the PRC [member] | ||
Disclosure of financial assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | 1,672 | 3,125 |
Unlisted [member] | ||
Disclosure of financial assets [Line Items] | ||
Equity securities measured at FVOCI (non-recycling) | ¥ 52 | ¥ 55 |
Short-term Bank Deposits and _3
Short-term Bank Deposits and Restricted Deposits (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure Of Detailed Information About Short Term Bank Deposits And Restricted Deposits [Abstract] | |||
Short-term bank deposits | ¥ 6,900 | ¥ 0 | |
Restricted deposits | 5,089 | 3,716 | |
Short-term bank deposits and restricted deposits | ¥ 11,989 | $ 1,837 | ¥ 3,716 |
Other Assets - Summary of Other
Other Assets - Summary of Other Assets (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Miscellaneous non-current assets [abstract] | ||||
Intangible assets | ¥ 10,974 | ¥ 11,324 | ||
Prepaid services charges for transmission lines and electricity cables and other services | 1,281 | 995 | ||
VAT recoverable | 442 | 216 | ||
Others | 1,894 | 1,273 | ||
Total | ¥ 14,591 | $ 2,235 | ¥ 13,808 | ¥ 20,721 |
Other Assets - Summary of Oth_2
Other Assets - Summary of Other Intangible Assets (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | ¥ 11,324 | |
Ending balance | 10,974 | ¥ 11,324 |
Computer software [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | 9,585 | |
Ending balance | 9,347 | 9,585 |
Others [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | 1,739 | |
Ending balance | 1,627 | 1,739 |
Carrying amount [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | 34,936 | 32,361 |
Additions | 158 | 195 |
Transfer from CIP | 4,496 | 4,161 |
Disposals | (3,699) | (1,781) |
Ending balance | 35,891 | 34,936 |
Carrying amount [member] | Computer software [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | 31,358 | 28,956 |
Additions | 145 | 174 |
Transfer from CIP | 4,097 | 3,956 |
Disposals | (3,596) | (1,728) |
Ending balance | 32,004 | 31,358 |
Carrying amount [member] | Others [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | 3,578 | 3,405 |
Additions | 13 | 21 |
Transfer from CIP | 399 | 205 |
Disposals | (103) | (53) |
Ending balance | 3,887 | 3,578 |
Accumulated depreciation, amortization and impairment [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | (23,612) | (21,205) |
Amortization charge for the year | (4,840) | (4,163) |
Disposals | 3,535 | 1,756 |
Ending balance | (24,917) | (23,612) |
Accumulated depreciation, amortization and impairment [member] | Computer software [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | (21,773) | (19,745) |
Amortization charge for the year | (4,331) | (3,736) |
Disposals | 3,447 | 1,708 |
Ending balance | (22,657) | (21,773) |
Accumulated depreciation, amortization and impairment [member] | Others [member] | ||
Disclosure of detailed information about intangible assets [Line Items] | ||
Beginning balance | (1,839) | (1,460) |
Amortization charge for the year | (509) | (427) |
Disposals | 88 | 48 |
Ending balance | ¥ (2,260) | ¥ (1,839) |
Inventories and Consumables - S
Inventories and Consumables - Summary of Inventories and Consumables (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Classes of current inventories [abstract] | |||
Handsets and other telecommunication products | ¥ 1,682 | ¥ 2,027 | |
Consumables | 1 | 16 | |
Others | 268 | 316 | |
Total | ¥ 1,951 | $ 299 | ¥ 2,359 |
Accounts Receivable - Summary o
Accounts Receivable - Summary of Accounts Receivable (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of financial assets [Line Items] | |||||
Accounts receivable | ¥ 16,287 | $ 2,496 | ¥ 17,233 | ¥ 13,964 | |
Accounts receivables [member] | |||||
Disclosure of financial assets [Line Items] | |||||
Less Credit loss allowance | (9,722) | (7,368) | ¥ (6,709) | ¥ (5,210) | |
Carrying amount [member] | |||||
Disclosure of financial assets [Line Items] | |||||
Accounts receivable | ¥ 26,009 | ¥ 24,601 |
Accounts Receivable - Additiona
Accounts Receivable - Additional Information (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of financial assets [Line Items] | ||
Accounts receivable | ¥ 25,933 | ¥ 24,569 |
Accounts Receivable - Summary_2
Accounts Receivable - Summary of Aging Analysis of Accounts Receivable (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of financial assets [Line Items] | ||||
Accounts receivable | ¥ 16,287 | $ 2,496 | ¥ 17,233 | ¥ 13,964 |
Within one month [member] | ||||
Disclosure of financial assets [Line Items] | ||||
Accounts receivable | 8,963 | 9,472 | ||
More than one month to three months [member] | ||||
Disclosure of financial assets [Line Items] | ||||
Accounts receivable | 2,766 | 2,545 | ||
More than three months to one year [member] | ||||
Disclosure of financial assets [Line Items] | ||||
Accounts receivable | 3,914 | 3,881 | ||
More than one year [member] | ||||
Disclosure of financial assets [Line Items] | ||||
Accounts receivable | ¥ 644 | ¥ 1,335 |
Accounts Receivable - Summary_3
Accounts Receivable - Summary of Information about Groups Exposure to Credit Risk and Expected Credit Loss for Account Receivables (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | ¥ 16,287 | $ 2,496 | ¥ 17,233 | ¥ 13,964 | |
Accounts receivables [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Loss allowance | ¥ (9,722) | ¥ (7,368) | ¥ (6,709) | ¥ (5,210) | |
Individual subscribers and general corporate customers [member] | Current (not past due) [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 6.00% | 6.00% | 6.00% | ||
Individual subscribers and general corporate customers [member] | 1 - 90 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 50.00% | 50.00% | 50.00% | ||
Individual subscribers and general corporate customers [member] | 91 - 180 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 90.00% | 90.00% | 90.00% | ||
Individual subscribers and general corporate customers [member] | More than 180 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 100.00% | 100.00% | 100.00% | ||
Individual subscribers and general corporate customers [member] | Accounts receivables [member] | Current (not past due) [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | ¥ 2,696 | ¥ 2,929 | |||
Loss allowance | (161) | (175) | |||
Individual subscribers and general corporate customers [member] | Accounts receivables [member] | 1 - 90 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 1,195 | 1,363 | |||
Loss allowance | (599) | (683) | |||
Individual subscribers and general corporate customers [member] | Accounts receivables [member] | 91 - 180 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 711 | 840 | |||
Loss allowance | (637) | (755) | |||
Individual subscribers and general corporate customers [member] | Accounts receivables [member] | More than 180 days past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 2,147 | 2,250 | |||
Loss allowance | ¥ (2,147) | ¥ (2,250) | |||
Major corporate customers [member] | Current (not past due) [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 4.00% | ||||
Major corporate customers [member] | Within 1 year past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 15.00% | ||||
Major corporate customers [member] | 1 - 2 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 48.00% | ||||
Major corporate customers [member] | 2 - 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 88.00% | ||||
Major corporate customers [member] | More than 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 100.00% | ||||
Major corporate customers [member] | Accounts receivables [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | ¥ 17,219 | ||||
Loss allowance | (3,505) | ||||
Major corporate customers [member] | Accounts receivables [member] | Current (not past due) [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 5.00% | 5.00% | |||
Loss allowance | ¥ (332) | (372) | |||
Major corporate customers [member] | Accounts receivables [member] | Within 1 year past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 24.00% | 24.00% | |||
Loss allowance | ¥ (1,867) | (674) | |||
Major corporate customers [member] | Accounts receivables [member] | 1 - 2 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 68.00% | 68.00% | |||
Loss allowance | ¥ (1,382) | (498) | |||
Major corporate customers [member] | Accounts receivables [member] | 2 - 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 89.00% | 89.00% | |||
Loss allowance | ¥ (839) | (699) | |||
Major corporate customers [member] | Accounts receivables [member] | More than 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Expected loss rate | 100.00% | 100.00% | |||
Loss allowance | ¥ (1,758) | (1,262) | |||
Carrying amount [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 26,009 | 24,601 | |||
Carrying amount [member] | Individual subscribers and general corporate customers [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 6,749 | 7,382 | |||
Loss allowance | (3,544) | (3,863) | |||
Carrying amount [member] | Major corporate customers [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 19,260 | ||||
Loss allowance | (6,178) | ||||
Carrying amount [member] | Major corporate customers [member] | Accounts receivables [member] | Current (not past due) [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 6,641 | 9,602 | |||
Carrying amount [member] | Major corporate customers [member] | Accounts receivables [member] | Within 1 year past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 7,899 | 4,517 | |||
Carrying amount [member] | Major corporate customers [member] | Accounts receivables [member] | 1 - 2 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 2,020 | 1,037 | |||
Carrying amount [member] | Major corporate customers [member] | Accounts receivables [member] | 2 - 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | 942 | 795 | |||
Carrying amount [member] | Major corporate customers [member] | Accounts receivables [member] | More than 3 years past due [member] | |||||
Disclosure of credit risk exposure [line items] | |||||
Gross carrying amount | ¥ 1,758 | ¥ 1,268 |
Accounts Receivable - Summary_4
Accounts Receivable - Summary of Movement in Allowance for Doubtful Debts (Detail) - Accounts receivables [member] - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of financial assets [Line Items] | |||
Balance, beginning of year | ¥ 7,368 | ¥ 6,709 | ¥ 5,210 |
Impact on initial application of IFRS 9 (2014) (Note2.2(c)) | 1,118 | ||
Allowance for the year | 5,097 | 3,128 | 3,300 |
Written-off during the year | (2,743) | (2,469) | (2,919) |
Balance, end of year | ¥ 9,722 | ¥ 7,368 | ¥ 6,709 |
Prepayments and Other Current_3
Prepayments and Other Current Assets - Summary of Prepayments and Other Current Assets (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Current prepayments and other current assets [abstract] | ||||
Prepaid services charges for transmission lines and electricity cables and other services | ¥ 3,549 | ¥ 2,053 | ||
Prepaid power and water charges | 625 | 648 | ||
Deposits and prepayments | 3,607 | 2,068 | ||
VAT recoverable | 5,726 | 5,286 | ||
Prepaid enterprise income tax | 12 | 329 | ||
Others | 2,363 | 2,072 | ||
Total | ¥ 15,882 | $ 2,434 | ¥ 12,456 | ¥ 13,801 |
Cash and Cash Equivalents and_3
Cash and Cash Equivalents and Other Cash Flow Information - Summary of Cash and Cash Equivalents (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Cash and cash equivalents [abstract] | ||
Cash at bank and in hand | ¥ 23,085 | ¥ 34,945 |
Cash and Cash Equivalents and_4
Cash and Cash Equivalents and Other Cash Flow Information - Summary of Reconciliation of Liabilities Arising from Financing Activities (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | ¥ 62,165 | ¥ 44,673 | ¥ 76,123 | |
Changes from financing cash flows: | ||||
Proceeds from commercial papers | 8,000 | $ 1,226 | 8,995 | |
Proceeds from short-term bank loans | 2,740 | 420 | 28,784 | 53,306 |
Loans from related parties | 50 | 3,090 | ||
Proceeds from promissory notes | 992 | |||
Proceeds from corporate bonds | 2,000 | |||
Repayment of commercial papers | (10,000) | (1,533) | (9,000) | |
Repayment of short-term bank loans | (7,564) | (1,159) | (38,290) | (60,730) |
Repayment of long-term bank loans | (395) | (61) | (418) | (435) |
Repayment of ultimate holding company loan | (1,344) | |||
Repayment of related parties loan | (50) | (8) | (48) | (475) |
Repayment of finance lease | (493) | |||
Repayment of promissory notes | (18,000) | |||
Repayment of corporate bonds | (17,000) | |||
Payment of issuing expense for commercial papers | (7) | |||
Capital element of lease rentals paid | (11,696) | $ (1,791) | (11,123) | |
Payment of issuing expense for promissory notes | (67) | |||
Total changes from financing cash flows | (18,689) | (25,822) | (31,794) | |
Exchange adjustments | (88) | 12 | 86 | |
Other changes | ||||
New financing leases | 10 | |||
Increase in lease liabilities from entering into new leases during the year | 8,170 | 6,728 | ||
Decrease due to termination of lease contracts | (838) | |||
Others | 90 | 94 | 248 | |
Total other changes | 7,422 | 6,822 | 258 | |
Ending balance | 50,810 | 62,165 | 44,673 | |
Increase (decrease) due to changes in accounting policy required by IFRSs [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 36,480 | |||
Other changes | ||||
Ending balance | 36,480 | |||
As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 81,153 | |||
Other changes | ||||
Ending balance | 81,153 | |||
China United Network Communications Group Company Limited and its subsidiaries [member] | ||||
Changes from financing cash flows: | ||||
Net deposits with Finance Company by related parties | 283 | 236 | 2,354 | |
Short-term bank loans [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 5,564 | 15,085 | 22,500 | |
Changes from financing cash flows: | ||||
Proceeds from short-term bank loans | 2,740 | 28,784 | 53,306 | |
Repayment of short-term bank loans | (7,564) | (38,290) | (60,730) | |
Total changes from financing cash flows | (4,824) | (9,506) | (7,424) | |
Exchange adjustments | (15) | 9 | ||
Other changes | ||||
Ending balance | 740 | 5,564 | 15,085 | |
Short-term bank loans [member] | As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 15,085 | |||
Other changes | ||||
Ending balance | 15,085 | |||
Long-term bank loans [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 3,306 | 3,614 | 3,883 | |
Changes from financing cash flows: | ||||
Repayment of long-term bank loans | (395) | (418) | (435) | |
Total changes from financing cash flows | (395) | (418) | (435) | |
Exchange adjustments | (88) | 27 | 77 | |
Other changes | ||||
Others | 77 | 83 | 89 | |
Total other changes | 77 | 83 | 89 | |
Ending balance | 2,900 | 3,306 | 3,614 | |
Long-term bank loans [Member] | As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 3,614 | |||
Other changes | ||||
Ending balance | 3,614 | |||
Commercial papers [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 8,995 | 8,991 | ||
Changes from financing cash flows: | ||||
Proceeds from commercial papers | 8,000 | 8,995 | ||
Repayment of commercial papers | (10,000) | (9,000) | ||
Payment of issuing expense for commercial papers | (7) | |||
Total changes from financing cash flows | (2,007) | 8,995 | (9,000) | |
Other changes | ||||
Others | 12 | 9 | ||
Total other changes | 12 | 9 | ||
Ending balance | 7,000 | 8,995 | ||
Promissory notes [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 998 | 17,960 | ||
Changes from financing cash flows: | ||||
Proceeds from promissory notes | 992 | |||
Repayment of promissory notes | (18,000) | |||
Payment of issuing expense for promissory notes | (67) | |||
Total changes from financing cash flows | 992 | (18,067) | ||
Other changes | ||||
Others | 6 | 107 | ||
Total other changes | 6 | 107 | ||
Ending balance | 998 | 998 | ||
Corporate bonds [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 2,998 | 17,993 | 17,981 | |
Changes from financing cash flows: | ||||
Proceeds from corporate bonds | 2,000 | |||
Repayment of corporate bonds | (17,000) | |||
Total changes from financing cash flows | (15,000) | |||
Other changes | ||||
Others | 1 | 5 | 12 | |
Total other changes | 1 | 5 | 12 | |
Ending balance | 2,999 | 2,998 | 17,993 | |
Corporate bonds [Member] | As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 17,993 | |||
Other changes | ||||
Ending balance | 17,993 | |||
Finance lease [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 240 | 692 | ||
Changes from financing cash flows: | ||||
Repayment of finance lease | (493) | |||
Total changes from financing cash flows | (493) | |||
Other changes | ||||
New financing leases | 10 | |||
Others | 31 | |||
Total other changes | 41 | |||
Ending balance | 240 | |||
Finance lease [Member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | (240) | |||
Other changes | ||||
Ending balance | (240) | |||
Other borrowings [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 7,979 | 7,741 | 4,116 | |
Changes from financing cash flows: | ||||
Loans from related parties | 50 | 3,090 | ||
Repayment of ultimate holding company loan | (1,344) | |||
Repayment of related parties loan | (50) | (48) | (475) | |
Total changes from financing cash flows | 233 | 238 | 3,625 | |
Other changes | ||||
Ending balance | 8,212 | 7,979 | 7,741 | |
Other borrowings [Member] | As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 7,741 | |||
Other changes | ||||
Ending balance | 7,741 | |||
Other borrowings [Member] | China United Network Communications Group Company Limited and its subsidiaries [member] | ||||
Changes from financing cash flows: | ||||
Net deposits with Finance Company by related parties | 283 | 236 | 2,354 | |
Lease liabilities [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 32,325 | |||
Changes from financing cash flows: | ||||
Capital element of lease rentals paid | (11,696) | (11,123) | ||
Total changes from financing cash flows | (11,696) | (11,123) | ||
Other changes | ||||
Increase in lease liabilities from entering into new leases during the year | 8,170 | 6,728 | ||
Decrease due to termination of lease contracts | (838) | |||
Total other changes | 7,332 | 6,728 | ||
Ending balance | ¥ 27,961 | 32,325 | ||
Lease liabilities [member] | Increase (decrease) due to changes in accounting policy required by IFRSs [member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | 36,720 | |||
Other changes | ||||
Ending balance | 36,720 | |||
Lease liabilities [member] | As Restated [Member] | ||||
Disclosure of reconciliation of liabilities arising from financing activities [Line Items] | ||||
Beginning balance | ¥ 36,720 | |||
Other changes | ||||
Ending balance | ¥ 36,720 |
Cash and Cash Equivalents and_5
Cash and Cash Equivalents and Other Cash Flow Information - Detailed Information about Outflow of Cash For Leases Explanatory (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Statement [Line Items] | |||
Within financing cash flows | ¥ 493 | ||
Cash flow statement for leases comprise [member] | |||
Statement [Line Items] | |||
Within operating cash flows | ¥ 7,971 | ¥ 7,798 | |
Within investing cash flows | 41 | 178 | |
Within financing cash flows | 11,696 | 11,123 | |
Cash outflow for leases | ¥ 19,708 | ¥ 19,099 |
Share Capital - Summary of Shar
Share Capital - Summary of Share Capital (Detail) - CNY (¥) ¥ in Millions, shares in Millions | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Disclosure of classes of share capital [abstract] | |||
Number of shares, Beginning balance | 30,598 | 30,598 | 30,598 |
Number of shares, Ending balance | 30,598 | 30,598 | 30,598 |
Share capital, Beginning balance | ¥ 254,056 | ¥ 254,056 | ¥ 254,056 |
Share capital, Ending balance | ¥ 254,056 | ¥ 254,056 | ¥ 254,056 |
Reserves - Additional Informati
Reserves - Additional Information (Detail) - CNY (¥) | 12 Months Ended | |||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2011 | |
Disclosure of reserves within equity [Line Items] | ||||
Appropriation to staff bonus and welfare fund | ¥ 0 | ¥ 0 | ¥ 0 | |
Accumulated appropriation made to the statutory reserve | ¥ 12,289,000,000 | |||
Minimum percentage of general risk reserve | 1.50% | |||
Statutory reserve [member] | ||||
Disclosure of reserves within equity [Line Items] | ||||
Amount appropriated to general reserve fund | ¥ 1,246,000,000 | 1,273,000,000 | ¥ 52,000,000 | |
Statutory reserve [member] | China United Network Communications Corporation Limited ("CUCL") [member] | ||||
Disclosure of reserves within equity [Line Items] | ||||
Amount appropriated to general reserve fund | ¥ 1,246,000,000 | ¥ 1,273,000,000 | ||
Bottom of range [member] | China United Network Communications Corporation Limited ("CUCL") [member] | ||||
Disclosure of reserves within equity [Line Items] | ||||
Minimum required percentage of income after tax and non-controlling interests to allocate to the general reserve fund | 10.00% | |||
Top of range [member] | China United Network Communications Corporation Limited ("CUCL") [member] | ||||
Disclosure of reserves within equity [Line Items] | ||||
Percentage of registered capital threshold when no longer required to allocate to the general reserve fund | 50.00% |
Dividends - Additional Informat
Dividends - Additional Information (Detail) - CNY (¥) ¥ / shares in Units, ¥ in Millions | Mar. 11, 2021 | May 25, 2020 | May 10, 2019 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of dividends [Line Items] | |||||
Withholding tax rate on dividends declared | 10.00% | ||||
Dividend for fiscal year twenty eighteen [member] | |||||
Disclosure of dividends [Line Items] | |||||
Approval of a final dividend, per ordinary share | ¥ 0.134 | ||||
Approval of a final dividend, total | ¥ 4,100 | ||||
Dividend for fiscal year twenty nineteen [member] | |||||
Disclosure of dividends [Line Items] | |||||
Approval of a final dividend, per ordinary share | ¥ 0.148 | ¥ 0.148 | |||
Approval of a final dividend, total | ¥ 4,529 | ¥ 4,529 | |||
Dividend for fiscal year twenty twenty [member] | |||||
Disclosure of dividends [Line Items] | |||||
Approval of a final dividend, per ordinary share | ¥ 0.164 | ||||
Approval of a final dividend, total | ¥ 5,018 | ||||
Dividend for fiscal year twenty twenty [member] | Dividends Proposed [member] | |||||
Disclosure of dividends [Line Items] | |||||
Approval of a final dividend, per ordinary share | ¥ 0.164 |
Dividends - Summary of Proposed
Dividends - Summary of Proposed Final Dividend (Detail) - CNY (¥) ¥ in Millions | May 25, 2020 | Dec. 31, 2020 | Dec. 31, 2019 |
Dividend for fiscal year twenty nineteen [member] | |||
Disclosure of proposed dividend [line items] | |||
Proposed final dividend | ¥ 4,529 | ¥ 4,529 | |
Dividend for fiscal year twenty twenty [member] | |||
Disclosure of proposed dividend [line items] | |||
Proposed final dividend | ¥ 5,018 |
Dividends - Summary of Propos_2
Dividends - Summary of Proposed Final Dividend (Parenthetical) (Detail) - ¥ / shares | May 25, 2020 | Dec. 31, 2020 | Dec. 31, 2019 |
Dividend for fiscal year twenty nineteen [member] | |||
Disclosure of proposed dividend [line items] | |||
Approval of a final dividend, per ordinary share | ¥ 0.148 | ¥ 0.148 | |
Dividend for fiscal year twenty twenty [member] | |||
Disclosure of proposed dividend [line items] | |||
Approval of a final dividend, per ordinary share | ¥ 0.164 |
Long-Term Bank Loans - Summary
Long-Term Bank Loans - Summary of Long-Term Bank Loans (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | ¥ 2,900 | ¥ 3,306 | |
Less: Current portion | (418) | $ (64) | (437) |
Long-term bank loans, noncurrent | 2,482 | $ 380 | 2,869 |
RMB [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | 2,678 | 3,032 | |
US dollars [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | 204 | 232 | |
Euro [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | ¥ 18 | ¥ 42 |
Long-Term Bank Loans - Summar_2
Long-Term Bank Loans - Summary of Long-Term Bank Loans (Parenthetical) (Detail) | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
RMB [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, maturity period | 2036 | 2036 |
RMB [member] | Bottom of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 1.08% | 1.08% |
RMB [member] | Top of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 1.20% | 1.20% |
US dollars [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, maturity period | 2039 | 2039 |
US dollars [member] | Bottom of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 0.00% | 0.00% |
US dollars [member] | Top of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 1.55% | 1.55% |
Euro [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, maturity period | 2034 | 2034 |
Euro [member] | Bottom of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 1.10% | 1.10% |
Euro [member] | Top of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 2.50% | 2.50% |
Long-Term Bank Loans - Addition
Long-Term Bank Loans - Additional Information (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of detailed information about borrowings [Line Items] | ||
Long-term bank loans | ¥ 2,900 | ¥ 3,306 |
Guaranteed by third parties [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Long-term bank loans | ¥ 46 | ¥ 61 |
Long-Term Bank Loans - Summar_3
Long-Term Bank Loans - Summary of Repayment Schedule Of Long-Term Bank Loans (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | ¥ 2,900 | ¥ 3,306 | |
Less: Portion classified as current liabilities | (418) | $ (64) | (437) |
Long-term bank loans | 2,482 | $ 380 | 2,869 |
Less than 1 year [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | 418 | 437 | |
Between 1 and 2 years [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | 444 | 413 | |
Between 2 and 5 years [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | 1,072 | 1,183 | |
Over 5 years [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Long-term bank loans | ¥ 966 | ¥ 1,273 |
Promissory Notes - Additional I
Promissory Notes - Additional Information (Detail) - China United Network Communications Corporation Limited ("CUCL") [member] - Promissory notes [member] - Tranche one [member] ¥ in Billions | Nov. 18, 2019CNY (¥) |
Disclosure of detailed information about borrowings [Line Items] | |
Nominal amount of notes | ¥ 1 |
Notes maturity period | 3 years |
Notes interest rate | 3.39% |
Corporate Bonds - Additional In
Corporate Bonds - Additional Information (Detail) - CNY (¥) ¥ in Billions | Jun. 19, 2019 | Jun. 07, 2016 |
3-year corporate bonds [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds issued | ¥ 2 | |
Bonds, maturity period | 3 year | |
Bonds, bearing interest rate | 3.67% | |
5-year corporate bond [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds issued | ¥ 1 | |
Bonds, maturity period | 5 year | |
Bonds, bearing interest rate | 3.43% |
Lease Liabilities - Summary Of
Lease Liabilities - Summary Of Maturity Analysis For Non derivative Financial Liabilities (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | ||
Present value of minimum lease payments | ¥ 16,458 | ¥ 21,535 |
Total Minimum Lease Payments | 27,961 | 32,325 |
Present value of minimum lease payments Gross | 27,961 | 32,325 |
Total Minimum Lease Payments Gross | 29,810 | 34,810 |
Less: total future interest expenses | (1,849) | (2,485) |
Present value of lease liabilities | 27,961 | 32,325 |
Within 1 year | ||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | ||
Present value of minimum lease payments | 11,503 | 10,790 |
Total Minimum Lease Payments | 11,757 | 11,085 |
After 1 year but within 2 years | ||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | ||
Present value of minimum lease payments | 9,770 | 9,602 |
Total Minimum Lease Payments | 10,352 | 10,183 |
After 2 years but within 5 years | ||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | ||
Present value of minimum lease payments | 5,575 | 10,871 |
Total Minimum Lease Payments | 6,203 | 12,112 |
After 5 years | ||
Disclosure of maturity analysis for non-derivative financial liabilities [line items] | ||
Present value of minimum lease payments | 1,113 | 1,062 |
Total Minimum Lease Payments | ¥ 1,498 | ¥ 1,430 |
Deferred Revenue - Summary of D
Deferred Revenue - Summary of Deferred Revenue (Detail) - CNY (¥) ¥ in Millions | 12 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of deferred revenue [line items] | ||
Balance at beginning of the year | ¥ 4,851 | ¥ 3,687 |
Additions of deferred revenue during period | 2,119 | 2,002 |
Reductions of deferred revenue for the year | (1,043) | (838) |
Balance at end of the year | 5,927 | 4,851 |
Government grants related to assets [member] | ||
Disclosure of deferred revenue [line items] | ||
Additions of deferred revenue during period | 915 | 1,017 |
Other deferred revenue additions [member] | ||
Disclosure of deferred revenue [line items] | ||
Additions of deferred revenue during period | 1,204 | 985 |
Recognition of government grants in profit or loss [member] | ||
Disclosure of deferred revenue [line items] | ||
Reductions of deferred revenue during period | (591) | (469) |
Other deferred revenue reductions [member] | ||
Disclosure of deferred revenue [line items] | ||
Reductions of deferred revenue during period | ¥ (452) | ¥ (369) |
Other Obligations - Summary of
Other Obligations - Summary of Other Obligations (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2000CNY (¥) |
Classes of other provisions [abstract] | ||||
One-off cash housing subsidies | ¥ 2,496 | ¥ 2,496 | ¥ 4,142 | |
Others | 131 | 282 | ||
Sub-total | 2,627 | 2,778 | ||
Less: Current portion | (2,529) | $ (388) | (2,604) | |
Other obligations, noncurrent | ¥ 98 | $ 16 | ¥ 174 |
Other Obligations - Summary o_2
Other Obligations - Summary of Other Obligations (Parenthetical) (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2000 |
Disclosure of finance lease and operating lease by lessee [Line Items] | |||
Cash housing subsidies | ¥ 2,496 | ¥ 2,496 | ¥ 4,142 |
Short-Term Bank Loans - Summary
Short-Term Bank Loans - Summary of Short-Term Bank Loans (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of detailed information about borrowings [Line Items] | |||
Short term borrowings | ¥ 740 | $ 113 | ¥ 5,564 |
Short-term bank loans [member] | |||
Disclosure of detailed information about borrowings [Line Items] | |||
Short term borrowings | ¥ 740 | ¥ 5,564 |
Short-Term Bank Loans - Summa_2
Short-Term Bank Loans - Summary of Short-Term Bank Loans (Parenthetical) (Detail) - Short-term bank loans [member] | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 1.85% | |
Bottom of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 2.15% | |
Top of range [member] | ||
Disclosure of detailed information about borrowings [Line Items] | ||
Bonds, bearing interest rate | 3.92% |
Commercial Papers - Additional
Commercial Papers - Additional Information (Detail) ¥ in Millions, $ in Millions | Nov. 05, 2020CNY (¥) | Aug. 06, 2020CNY (¥) | Jul. 15, 2020CNY (¥) | Nov. 15, 2019CNY (¥) | Oct. 25, 2019CNY (¥) | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 7,000 | $ 1,073 | ¥ 8,995 | |||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2019 super short term commercial papers [member] | Tranche one [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 5,000 | |||||||
Bonds, maturity period | 270 days | |||||||
Commercial papers interest | 2.24% | |||||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2019 super short term commercial papers [member] | Tranche two [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 4,000 | |||||||
Bonds, maturity period | 270 days | |||||||
Commercial papers interest | 2.20% | |||||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2020 super short term commercial papers [member] | Tranche one [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 2,000 | |||||||
Bonds, maturity period | 180 days | |||||||
Commercial papers interest | 1.89% | |||||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2020 super short term commercial papers [member] | Tranche two [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 3,000 | |||||||
Bonds, maturity period | 180 days | |||||||
Commercial papers interest | 1.89% | |||||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2020 super short term commercial papers [member] | Tranche Three [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 1,000 | |||||||
Bonds, maturity period | 90 days | |||||||
Commercial papers interest | 1.57% | |||||||
China United Network Communications Corporation Limited ("CUCL") [member] | 2020 super short term commercial papers [member] | Tranche four [member] | ||||||||
Disclosure of detailed information about borrowings [Line Items] | ||||||||
Commercial papers | ¥ 2,000 | |||||||
Bonds, maturity period | 90 days | |||||||
Commercial papers interest | 2.17% |
Accounts Payable and Accrued _3
Accounts Payable and Accrued Liabilities - Summary of Accounts Payable and Accrued Liabilities (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Trade and other payables [abstract] | ||||
Payables to contractors and equipment suppliers | ¥ 73,046 | ¥ 63,390 | ||
Payables to telecommunications products suppliers | 3,779 | 5,096 | ||
Customer/contractor deposits | 5,723 | 5,771 | ||
Repair and maintenance expense payables | 5,261 | 5,129 | ||
Salary and welfare payables | 12,248 | 7,249 | ||
Interest payable | 115 | 101 | ||
Amounts due to technical support services and other service providers/content providers | 4,852 | 3,988 | ||
VAT received from customer in advance | 2,746 | 3,052 | ||
Accrued expenses | 17,186 | 16,486 | ||
Others | 9,481 | 7,263 | ||
Accounts payables and accrued liabilities | ¥ 134,437 | $ 20,603 | ¥ 117,525 | ¥ 125,260 |
Accounts Payable and Accrued _4
Accounts Payable and Accrued Liabilities - Summary of Aging Analysis of Accounts Payables and Accrued Liabilities (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2017CNY (¥) |
Disclosure of financial liabilities [Line Items] | ||||
Accounts payables and accrued liabilities | ¥ 134,437 | $ 20,603 | ¥ 117,525 | ¥ 125,260 |
Less than six months [member] | ||||
Disclosure of financial liabilities [Line Items] | ||||
Accounts payables and accrued liabilities | 116,553 | 101,324 | ||
Six months to one year [member] | ||||
Disclosure of financial liabilities [Line Items] | ||||
Accounts payables and accrued liabilities | 8,846 | 9,250 | ||
More than one year [member] | ||||
Disclosure of financial liabilities [Line Items] | ||||
Accounts payables and accrued liabilities | ¥ 9,038 | ¥ 6,951 |
Mutual Investment of the Comp_2
Mutual Investment of the Company and Telefonica in Each Other - Additional Information (Detail) ¥ in Millions, $ in Millions | May 14, 2012CNY (¥)shares | Jan. 23, 2011USD ($) | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Jan. 23, 2011EUR (€)shares | Sep. 06, 2009USD ($) |
Disclosure of joint operations [Line Items] | ||||||||
Mutual investment amount through acquisition of each other's shares | $ | $ 1,000 | |||||||
Purchase of ordinary shares in consideration from third parties | $ | $ 500 | |||||||
Equity securities designated at FVOCI (non-recycling) | ¥ 1,838 | ¥ 3,323 | ||||||
Decrease in fair value of financial assets through other comprehensive income, net of tax | (1,478) | $ (226) | (581) | ¥ (381) | ||||
Telefonica [member] | ||||||||
Disclosure of joint operations [Line Items] | ||||||||
Telefonica ordinary shares held in treasury to be acquired | shares | 21,827,499 | |||||||
Telefonica ordinary shares held in treasury to be acquired, value | € | € 374,559,882.84 | |||||||
Ordinary shares received through scrip dividend | shares | 1,646,269 | |||||||
Ordinary share value received through scrip dividend | ¥ 146 | |||||||
Equity securities designated at FVOCI (non-recycling) | 1,672 | 3,125 | ||||||
Decrease in fair value of financial assets through other comprehensive income, net of tax | ¥ 1,453 | ¥ 573 | ¥ 372 |
Equity-Settled Share Option S_2
Equity-Settled Share Option Schemes - Additional Information (Detail) | 12 Months Ended | |
Dec. 31, 2020$ / shares | Dec. 31, 2019 | |
Disclosure of terms and conditions of share-based payment arrangement [abstract] | ||
Number of options, available for issue | 1,777,437,107 | |
Payable for the grant of share options | $ 1 | |
Options outstanding | 0 | 0 |
Restricted A-Share Incentive _2
Restricted A-Share Incentive Scheme - Additional Information (Detail) - China United Network Communication Limited (A Share Company) [member] - CNY (¥) ¥ / shares in Units, ¥ in Millions | Feb. 01, 2019 | Mar. 21, 2018 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Share Incentive Plan [member] | |||||
Disclosure of classes of share capital [line items] | |||||
Number of shares granted to employees | 848,000,000 | ||||
Number of shares subscribed | 13,156,000 | 793,861,000 | |||
Subscription price per share | ¥ 3.79 | ¥ 3.79 | |||
Fair value of restricted shares granted | 1.57 | 2.34 | |||
Market price per share | ¥ 5.36 | ¥ 6.13 | |||
Restricted shares forfeited or repurchased | 18,110,200 | 7,262,000 | 0 | ||
Share-based payment expenses | ¥ 375 | ¥ 571 | ¥ 614 | ||
Restricted A- Share Incentive Scheme [Member] | |||||
Disclosure of classes of share capital [line items] | |||||
No of unlocked restricted shares | 303,314,400 | ||||
Share-based payment arrangement tranche one [member] | Share Incentive Plan [member] | |||||
Disclosure of classes of share capital [line items] | |||||
Restricted share lock up period | 2 years | ||||
Proportion of total number of the Restricted Shares granted | 40.00% | ||||
Share-based payment arrangement tranche two [member] | Share Incentive Plan [member] | |||||
Disclosure of classes of share capital [line items] | |||||
Restricted share lock up period | 3 years | ||||
Proportion of total number of the Restricted Shares granted | 30.00% | ||||
Share-based payment arrangement tranche three [member] | Share Incentive Plan [member] | |||||
Disclosure of classes of share capital [line items] | |||||
Restricted share lock up period | 4 years | ||||
Proportion of total number of the Restricted Shares granted | 30.00% |
Material Related Party Transa_3
Material Related Party Transactions - Summary of Connected Transactions with Unicom Group and its Subsidiaries (Detail) - Connected transactions with Unicom Group and its subsidiaries [member] - CNY (¥) ¥ in Millions | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Disclosure of transactions between related parties [Line Items] | |||
Charges for value-added telecommunications services | ¥ 188 | ¥ 69 | ¥ 43 |
Rental charges for short-term property leasing and related services charges | 999 | 989 | 1,033 |
Charges for short term lease of telecommunications resources and related services | 283 | 290 | 277 |
Charges for engineering design and construction services | 2,034 | 1,537 | 2,055 |
Charges for shared services | 77 | 77 | 77 |
Charges for materials procurement services | 47 | 20 | 34 |
Charges for ancillary telecommunications services | 2,735 | 2,417 | 2,905 |
Charges for comprehensive support services | 979 | 1,052 | 1,231 |
Income from comprehensive support services | 229 | 203 | 83 |
Lending by Finance Company to Unicom Group and its subsidiary | 16,500 | 11,434 | 13,558 |
Repayment of loans lending by Finance Company to Unicom Group | 13,704 | 11,134 | 6,354 |
Interest income from lending services | ¥ 387 | ¥ 370 | ¥ 150 |
Material Related Party Transa_4
Material Related Party Transactions - Summary of Connected Transactions with Unicom Group and its Subsidiaries (Parenthetical) (Detail) - China United Network Communications Group Company Limited [member] - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Disclosure of transactions between related parties [Line Items] | |||
Unsecured entrusted loan | ¥ 10,500 | ¥ 7,704 | ¥ 7,404 |
Bottom of range [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Unsecured entrusted loan interest rate | 90.00% | 90.00% | |
Top of range [member] | |||
Disclosure of transactions between related parties [Line Items] | |||
Unsecured entrusted loan interest rate | 110.00% | 110.00% |
Material Related Party Transa_5
Material Related Party Transactions - Summary of Transactions with Tower Company (Parenthetical) (Detail) ¥ / shares in Units, ¥ in Millions, $ in Millions | Oct. 31, 2015CNY (¥)¥ / sharesshares | Dec. 31, 2020CNY (¥) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) | Dec. 31, 2020USD ($) | Jun. 30, 2019CNY (¥) | Feb. 29, 2016CNY (¥) |
Disclosure of transactions between related parties [Line Items] | ||||||||
Lease liabilities | ¥ 27,961 | ¥ 32,325 | ||||||
Right-of-use assets | 37,960 | 43,073 | $ 5,818 | |||||
Interest expense on lease liabilities | 1,234 | 1,349 | ||||||
China Tower Corporation Limited ("Tower Company") [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Consideration paid | ¥ 54,658 | |||||||
Consideration shares | shares | 33,335,836,822 | |||||||
Share price per share | ¥ / shares | ¥ 1 | |||||||
Cash consideration | ¥ 21,322 | |||||||
Cash Consideration and related VAT interest rate | 3.92% | |||||||
Operating lease and other service charges | 19,023 | 17,652 | ¥ 15,982 | |||||
Operating lease and other service charges payable, and payable balance in relation to power charges paid by related party | 3,893 | 2,745 | ||||||
Revenue from rendering of services, related party transactions | 295 | 262 | ¥ 235 | |||||
China Tower Corporation Limited ("Tower Company") [member] | Tranche one [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Cash consideration | ¥ 18,322 | ¥ 382 | ¥ 3,000 | |||||
IFRS 16 [Member] | China Tower Corporation Limited ("Tower Company") [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Lease liabilities | 17,837 | 22,076 | ||||||
Right-of-use assets | 17,005 | 21,269 | ||||||
Depreciation, right-of-use assets | 7,088 | 6,498 | ||||||
Interest expense on lease liabilities | 757 | 894 | ||||||
Expense Relating To Variable Lease Payments And Other Related Service Charges | ¥ 11,246 | ¥ 10,492 |
Material Related Party Transa_6
Material Related Party Transactions - Summary of Transactions with Unicom Group and its Subsidiaries (Detail) - CNY (¥) ¥ in Millions | Dec. 26, 2018 | Feb. 27, 2017 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
China United Network Communications Group Company Limited and its subsidiaries [member] | |||||
Disclosure of transactions between related parties [Line Items] | |||||
Unsecured entrusted loan | ¥ 1,344 | ||||
Repayment of unsecured entrusted loan to Unicom Group | ¥ 1,344 | ||||
Interest expenses on unsecured entrusted loan | ¥ 132 | ¥ 132 | 10 | ||
Loan from a related party | 48 | ||||
Repayment of loan from a related party | 48 | 435 | |||
Interests expenses on loan from a related party | 12 | ||||
Net deposits by Unicom Group and its subsidiaries with Finance Company | 233 | 258 | 2,336 | ||
Interest expenses on the deposits in Finance Company | ¥ 74 | ¥ 64 | 93 | ||
A Share Company [member] | |||||
Disclosure of transactions between related parties [Line Items] | |||||
Unsecured entrusted loan | ¥ 3,042 | ¥ 3,042 |
Material Related Party Transa_7
Material Related Party Transactions - Summary of Transactions with Unicom Group and its Subsidiaries (Parenthetical) (Detail) ¥ in Millions, $ in Millions | Dec. 28, 2018CNY (¥) | Dec. 28, 2018HKD ($) | Dec. 26, 2018CNY (¥) | Dec. 21, 2017CNY (¥) | Feb. 27, 2017CNY (¥) | Dec. 31, 2020CNY (¥) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) |
China United Network Communications Group Company Limited and its subsidiaries [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Unsecured entrusted loan from Unicom Group | ¥ 1,344 | |||||||
Bonds, maturity period | 1 year | |||||||
Borrowings interest rate | 3.92% | |||||||
Loan from related parties | ¥ 48 | |||||||
Amounts due to related party transactions | ¥ 5,112 | ¥ 4,879 | ||||||
China United Network Communications Group Company Limited and its subsidiaries [member] | Bottom of range [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Deposits interest rate | 0.42% | 0.42% | ||||||
China United Network Communications Group Company Limited and its subsidiaries [member] | Top of range [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Deposits interest rate | 2.75% | 2.75% | ||||||
China Unicom Group Corporation (BVI) Limited [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Bonds, maturity period | 1 year | 1 year | 1 year | |||||
Loan from related parties | ¥ 48 | ¥ 435 | ||||||
Borrowings interest rate basis | 1 year HIBOR plus 1.2% | |||||||
China Unicom Group Corporation (BVI) Limited [member] | Borrowing interest rate 4.77% [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Bonds, maturity period | 1 year | 1 year | ||||||
Borrowings interest rate | 4.77% | 4.77% | ||||||
Loan from related parties | ¥ 46 | |||||||
China Unicom Group Corporation (BVI) Limited [member] | Floating interest rate at one year HIBOR plus 1.11% [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Bonds, maturity period | 1 year | 1 year | ||||||
Loan from related parties | $ | $ 2 | |||||||
Borrowings interest rate basis | 1 year HIBOR plus 1.11% | 1 year HIBOR plus 1.11% | ||||||
China Unicom Group Corporation (BVI) Limited [member] | Borrowing interest rate 0 % [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Unsecured entrusted loan from Unicom Group | ¥ 3,042 | ¥ 3,042 | ||||||
Bonds, maturity period | 5 years | 5 years | ||||||
Borrowings interest rate | 4.28% | 4.28% | ||||||
A Share Company [member] | ||||||||
Disclosure of transactions between related parties [Line Items] | ||||||||
Unsecured entrusted loan from Unicom Group | ¥ 3,042 | ¥ 3,042 | ||||||
Bonds, maturity period | 5 years | |||||||
Borrowings interest rate | 4.28% |
Contingencies and Commitments -
Contingencies and Commitments - Summary of Capital Commitments (Detail) - CNY (¥) ¥ in Millions | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of detailed information about property, plant and equipment [Line Items] | ||
Authorized and contracted for | ¥ 26,082 | ¥ 23,874 |
Authorized but not contracted for | 47,801 | 47,645 |
Capital commitments | 73,883 | 71,519 |
Land and buildings [member] | ||
Disclosure of detailed information about property, plant and equipment [Line Items] | ||
Authorized and contracted for | 2,582 | 3,014 |
Authorized but not contracted for | 8,314 | 7,905 |
Capital commitments | 10,896 | 10,919 |
Equipment [member] | ||
Disclosure of detailed information about property, plant and equipment [Line Items] | ||
Authorized and contracted for | 23,500 | 20,860 |
Authorized but not contracted for | 39,487 | 39,740 |
Capital commitments | ¥ 62,987 | ¥ 60,600 |
Contingencies and Commitments_2
Contingencies and Commitments - Additional Information (Detail) | Dec. 31, 2020CNY (¥) |
Contingent liabilities [member] | |
Disclosure of contingent liabilities [Line Items] | |
Contingent liabilities | ¥ 0 |
Financial guarantees [member] | |
Disclosure of contingent liabilities [Line Items] | |
Contingent liabilities | ¥ 0 |
China Unicom (Hong Kong) Limi_3
China Unicom (Hong Kong) Limited (Parent Company) - Additional Information (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) |
Disclosure Of Parent Company Financial Statements [abstract] | |||
Statutory reserve | ¥ 31,431 | $ 4,817 | ¥ 30,185 |
Restricted net assets | ¥ 263,891 | $ 40,443 | ¥ 258,741 |
China Unicom (Hong Kong) Limi_4
China Unicom (Hong Kong) Limited (Parent Company) - Condensed Statements of Financial Position (Detail) ¥ in Millions, $ in Millions | Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2019USD ($) | Dec. 31, 2018CNY (¥) | Dec. 31, 2017CNY (¥) |
Non-current assets | ||||||
Property, plant and equipment | ¥ 364,187 | $ 55,814 | ¥ 367,401 | ¥ 384,475 | ||
Right-of-use assets | 37,960 | 5,818 | 43,073 | |||
Financial assets measured at fair value | 1,838 | 3,323 | ||||
Non-current assets | 471,980 | 72,334 | 478,904 | ¥ 495,261 | ||
Current assets | ||||||
Prepayments and other current assets | 15,882 | 2,434 | 12,456 | 13,801 | ||
Cash and cash equivalents | 23,085 | 3,538 | 34,945 | $ 5,356 | 30,060 | 32,836 |
Current assets | 108,636 | 16,649 | 83,595 | 76,722 | ||
Total assets | 580,616 | 88,983 | 562,499 | 571,983 | ||
Equity attributable to equity shareholders of the Company | ||||||
Share capital | 254,056 | 38,936 | 254,056 | |||
Reserves | (18,821) | (2,884) | (18,803) | (20,912) | ||
Retained profits | ||||||
- Proposed final dividend | 5,018 | 769 | 4,529 | 1,591 | ||
- Others | 86,334 | 13,231 | 80,265 | 69,315 | ||
Total equity | 327,520 | 50,195 | 320,755 | 304,347 | ||
Non-current liabilities | ||||||
Lease liabilities | 16,458 | 2,522 | 21,535 | |||
Non-current liabilities | 31,068 | 4,761 | 36,554 | |||
Current liabilities | ||||||
Lease liabilities | 11,503 | 1,763 | 10,790 | |||
Accounts payable and accrued liabilities | 134,437 | 20,603 | 117,525 | 125,260 | ||
Taxes payable | 2,805 | 430 | 1,534 | |||
Dividend payable | 920 | |||||
Current liabilities | 222,028 | 34,027 | 205,190 | |||
Total liabilities | 253,096 | 38,788 | 241,744 | |||
Total equity and liabilities | 580,616 | 88,983 | 562,499 | 571,983 | ||
Net current assets | (113,392) | (17,378) | (121,595) | (165,900) | ||
Total assets less current liabilities | 358,588 | 54,956 | 357,309 | 329,361 | ||
Parent Company [Member] | ||||||
Non-current assets | ||||||
Property, plant and equipment | 3 | 1 | 3 | |||
Investments in subsidiaries | 237,426 | 36,387 | 237,426 | |||
Loan to a subsidiary | 5,300 | 812 | 12,241 | |||
Right-of-use assets | 10 | 2 | 31 | |||
Financial assets measured at fair value | 1,672 | 256 | 3,125 | |||
Non-current assets | 244,411 | 37,458 | 252,826 | |||
Current assets | ||||||
Current portion of loan to a subsidiary | 6,492 | 995 | ||||
Amounts due from subsidiaries | 215 | 33 | 230 | |||
Dividend receivable | 15,617 | 2,393 | 15,804 | |||
Prepayments and other current assets | 171 | 26 | 22 | |||
Cash and cash equivalents | 989 | 152 | 796 | $ 122 | ¥ 969 | ¥ 1,229 |
Current assets | 23,484 | 3,599 | 16,852 | |||
Total assets | 267,895 | 41,057 | 269,678 | |||
Equity attributable to equity shareholders of the Company | ||||||
Share capital | 254,056 | 38,936 | 254,056 | |||
Reserves | (8,914) | (1,366) | (7,461) | |||
Retained profits | ||||||
- Proposed final dividend | 5,018 | 769 | 4,529 | |||
- Others | 17,575 | 2,693 | 17,492 | |||
Total equity | 267,735 | 41,032 | 268,616 | |||
Non-current liabilities | ||||||
Lease liabilities | 10 | |||||
Non-current liabilities | 10 | |||||
Current liabilities | ||||||
Lease liabilities | 10 | 2 | 21 | |||
Accounts payable and accrued liabilities | 89 | 14 | 90 | |||
Loans from subsidiaries | 60 | 9 | ||||
Amount due to a subsidiary | 1 | |||||
Taxes payable | 21 | |||||
Dividend payable | 920 | |||||
Current liabilities | 160 | 25 | 1,052 | |||
Total liabilities | 160 | 25 | 1,062 | |||
Total equity and liabilities | 267,895 | 41,057 | 269,678 | |||
Net current assets | 23,324 | 3,574 | 15,800 | |||
Total assets less current liabilities | ¥ 267,735 | $ 41,032 | ¥ 268,626 |
China Unicom (Hong Kong) Limi_5
China Unicom (Hong Kong) Limited (Parent Company) - Condensed Statements of Comprehensive Income (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of parent company financial statements [Line Items] | ||||
Interest income | ¥ 1,366 | $ 209 | ¥ 1,272 | ¥ 1,712 |
Finance costs | (1,747) | (268) | (2,123) | (1,625) |
Other income-net | 2,911 | 1,735 | 783 | |
Income before income tax | 16,027 | 2,456 | 14,167 | 13,081 |
Income tax expenses | (3,450) | (528) | (2,795) | (2,824) |
Net income | 12,577 | 1,928 | 11,372 | 10,257 |
Other comprehensive income: | ||||
Change in fair value of financial assets through other comprehensive income-net | (1,478) | (226) | (581) | (381) |
Total comprehensive income for the year | 10,871 | 1,666 | 10,871 | 10,012 |
Parent Company [Member] | ||||
Disclosure of parent company financial statements [Line Items] | ||||
Dividend income | 5,201 | 797 | 14,697 | 3,296 |
General and administrative expenses | (62) | (10) | (49) | (61) |
Interest income | 402 | 62 | 407 | 535 |
Finance costs | (481) | (74) | 100 | 80 |
Other income-net | 1 | 1 | 8 | 1 |
Income before income tax | 5,061 | 776 | 15,163 | 3,851 |
Income tax expenses | 40 | 6 | (57) | (20) |
Net income | 5,101 | 782 | 15,106 | 3,831 |
Other comprehensive income: | ||||
Change in fair value of financial assets through other comprehensive income-net | (1,453) | (223) | (573) | (372) |
Total comprehensive income for the year | ¥ 3,648 | $ 559 | ¥ 14,533 | ¥ 3,459 |
China Unicom (Hong Kong) Limi_6
China Unicom (Hong Kong) Limited (Parent Company) - Condensed Statements of Cash Flows (Detail) ¥ in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2020CNY (¥) | Dec. 31, 2020USD ($) | Dec. 31, 2019CNY (¥) | Dec. 31, 2018CNY (¥) | |
Disclosure of parent company financial statements [Line Items] | ||||
Net cash outflow from operating activities | ¥ 105,551 | $ 16,176 | ¥ 93,678 | ¥ 92,387 |
Net cash inflow from investing activities | (92,018) | (14,102) | (59,053) | (61,179) |
Net cash outflow from financing activities | (25,210) | (3,864) | (29,765) | (34,058) |
- Dividend paid to equity shareholders of the Company | (5,447) | (835) | (4,100) | (1,591) |
Net (decrease)/increase in cash and cash equivalents | (11,677) | (1,790) | 4,860 | (2,850) |
Cash and cash equivalents at beginning of year | 34,945 | 5,356 | 30,060 | 32,836 |
Effect of changes in foreign exchange rate | (183) | (28) | 25 | 74 |
Cash and cash equivalents at end of year | 23,085 | 3,538 | 34,945 | 30,060 |
Parent Company [Member] | ||||
Disclosure of parent company financial statements [Line Items] | ||||
Net cash outflow from operating activities | (174) | (27) | (106) | (62) |
Net cash inflow from investing activities | 851 | 131 | 76 | 3,987 |
Net cash outflow from financing activities | (430) | (66) | (132) | (4,206) |
- Dividend paid to equity shareholders of the Company | (883) | (135) | (793) | (1,591) |
Net (decrease)/increase in cash and cash equivalents | 247 | 38 | (162) | (281) |
Cash and cash equivalents at beginning of year | 796 | 122 | 969 | 1,229 |
Effect of changes in foreign exchange rate | (54) | (8) | (11) | 21 |
Cash and cash equivalents at end of year | ¥ 989 | $ 152 | ¥ 796 | ¥ 969 |