中國電信股份有限公司 一個 全業務融合 ·...
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31100140www.chinatelecom-h.com
728CHA
www.ioneregional.com
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2008
10010001010010100001
00101 11010011101001101
010
03 Cover Divider (3)_82801-03N.indd 02 29/3/2009 20:53:14
31100140www.chinatelecom-h.com
728CHA
www.ioneregional.com
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2.indb 02 29/3/2009 19:41:21
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2.indb 02 29/3/2009 19:41:29
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2008
10010001010010100001
00101 11010011101001101
010
03 Cover Divider (3)_82801-03N.indd 02 29/3/2009 20:53:14
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20081
5
6438CDMA
10CDMA
12189
36.indb 01 30/3/2009 0:25:44
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02
3 4 6
16 22 30 38 51 56 70 78 86 89 90 92 94 95 96 98
155 157
36.indb 02 30/3/2009 0:25:44
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03
20082.084,4002,800H
36.indb 03 30/3/2009 0:25:45
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04
2006 2007 2008
20082007
172,514 177,588 184,779 4.0%EBITDA 85,719 87,054 85,8891,5 1.3%EBITDA 49.7% 49.0% 46.5%1,5 2.5 2 22,591 23,0104 20,0665 12.8% 50,136 46,334 48,410 4.5% 6 28,664 34,016 36,768 8.1% 3 60.2% 47.1% 57.9% 10.8
0.279 0.2844 0.2485 12.8% 0.085 0.085 0.085
3 2.587 2.774 2.632 5.1%
2006 2007 2008
177,485 180,882 186,801EBITDA 90,690 90,348 84,6961
EBITDA 51.1% 49.9% 45.3%1
2 27,562 24,195 884
1 EBITDACDMA
2
3
4 2007
5
6 EBITDACDMA
7 2008
www.chinatelecom-h.com
36.indb 04 30/3/2009 0:25:46
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05
36.indb 05 30/3/2009 0:25:47
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07
36.indb 07 30/3/2009 0:25:54
06
06
36.indb 06 30/3/2009 0:25:47
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08
2008CDMA200810CDMA2008121892008
2008200820081,868.0161.54EBITDA1846.968.84 21,847.794.0%EBITDA1858.891.3%EBITDA46.5%200.6612.8%484.1026.2% 3367.688.1%
20080.085
1 EBITDACDMA
2 20.2234.2828.38239.54183.66 IFRS1,847.79EBITDA858.89200.66
3 EBITDACDMA
36.indb 08 30/3/2009 0:26:00
-
09
3G
20082008 e2532,393200810.9%2.9%CDMA2009272CDMA200923,063
822.9446.1%8.9402.4328.6%5.0%47.8744.6%23
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10
3G3GCDMACDMA2000EV-DOPush Mail IM
CDMA
20081/3
2008
-
11
2008
CDMACDMA
2009324
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36.indb 12 30/3/2009 0:26:03 9.indb 13 29/3/2009 23:47:12
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03a Divider 1 GU_82801-03N.indd 14 30/3/2009 17:13:55 9.indb 15 29/3/2009 23:47:17
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16
200620072008
2006 2007 2008
20082007
223.31 220.64 208.34 5.6% 423,453 407,445 372,477 8.6% 96,830 99,902 98,723 1.2% 1,679 1,664 1,572 5.5% 28.38 35.74 44.27 23.9% 2.35 145.84 146.88 146.74 0.1% 23,278 23,346 18,496 20.8% 36.69 63.21 79.25 25.4% 27.91 26,375 8.64 e 10.61 23.93 125.4%
2008CDMA
20081,868.0120073.3%1,847.794.0%1,786.2520070.6%61.54
46.1%20078.95.63.3
e
36.indb 16 30/3/2009 0:26:11
-
17
2008822.9424.8%510.1724.4%256.5829.7%
2008ARPU83.820088534,427C+WCDMA
2008108.5365.1%2.4 IT0.80.9200847.8744.6%
36.indb 17 30/3/2009 0:26:12
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18
IT2008 IT35.1783.8%
2008963.31200713.7%200820,8351,2291,1202008593.0715.9%220.8110.3%25.7915.5%123.648.3%
200838.9%
-
19
2008e
200821.0% IT200810.9%
ee6e82008e1,33220.2%20082.9%
CDMA2008CDMA20081012CDMACDMA2008CDMA2,791200861.54
CDMA200812e200810
36.indb 19 30/3/2009 0:26:15
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20
200912102170
C+WCP/SP
3G
2008484.1020074.5%26.2%200719.3%12
36.indb 20 30/3/2009 0:26:16
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21
e8WLAN IPTV 2.0189CDMA
20082M8M16M1015WiFi2.56,269
CDMA189
IT ITCDMA IT189 IT
20092009
36.indb 21 30/3/2009 0:26:17
-
22
1 EBITDACDMAEBITDAEBITDAEBITDA
2 34.2828.38239.54183.66
3 2007230.10
2008655.57
200872008101CDMA99.5%CDMA438.00
20081,868.0120073.3%1,816.56200726.9%8.840.01EBITDA1CDMA15.04846.96EBITDA45.3%
220081,847.7920074.0%200.66200712.8%30.25EBITDACDMA858.89EBITDA46.5%
-
23
2008CDMA20081,868.0120073.3%20.2261.5439.7214.697.1320081,786.2520070.6%200846.1%20078.9
20072008
1231
2008 2007
96,331 111,625 (13.7%) 3,972 40,786 31,817 28.2% 16,274 13,208 23.2% 10,853 6,573 65.1% 10,231 9,183 11.4% 6,332 5,182 22.2% 2,022 3,294 (38.6%)
186,801 180,882 3.3%
2008
36.indb 23 30/3/2009 0:26:19
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24
2008963.3120071,116.2513.7%51.6%52.1%VOIP
2008CDMA39.722.1%
2008407.862007318.1728.2%21.8%22.1%20084,427200785323.9%2008ARPU83.82007ARPU81.42.4
2008162.742007132.0823.2%8.7%8.8%CDMACDMA14.69
2008108.53200765.7365.1%5.8%5.9% IT
2008102.31200791.8311.4%5.5% IP-VPN
200863.32200751.8222.2%3.4%CDMA7.13
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20081,816.56200726.9%200779.1%97.2%200780.6%98.3%1,542.7483.5%
20072008
1231
2008 2007
53,880 52,607 2.4% 36,096 29,856 20.9% 27,935 24,294 15.0% 28,946 27,419 5.6% 10,632 8,965 18.6% 24,167 23,954
181,656 143,141 26.9%
2008538.802007526.072.4%28.8%200729.6%29.2%
36.indb 25 30/3/2009 0:26:19
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26
2008360.962007298.5620.9%19.3%19.5%CDMA
2008279.352007242.9415.0%15.0%15.1%
2008289.462007274.195.6%15.5%15.7% IP IT
2008106.32200789.6518.6%
2008239.54
200850.76200742.8818.4%5.64200720081.7020071.04
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25%2008 -7.9321.1%15%18%2008
20088.842007241.9596.3%200.66200712.8%
2008484.102007463.344.5%
200865.22200715.82
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1231
2008 2007
76,756 75,783 (75,819) (46,618) 5,585 (30,747)
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36.indb 27 30/3/2009 0:26:20
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2008758.192007292.01CDMA
200855.852007307.472007300.00
20081,212.912007961.35251.562008278.6694.2%200793.0%
2008200820074,133.314,403.3720071,057.551,232.79200725.6%200828.0%
20072008
1231
2008 2007
83,448 67,767 565 3,811 22 24 39,226 34,148 18 5
123,279 105,755
36.indb 28 30/3/2009 0:26:20
-
29
20081,232.792007175.2497.2%200796.4%0.7%20071.0%1.5%20071.8%0.6%20070.8%87.2%200770.7%200812312007
200812311,282.312007368.23
200911
20091231
201011
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201111
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201211
20121231
85,576 85,576
48,407 2,498 3,558 12,011 1,457 28,883 40 22 18
3,092 830 595 479 380 808 3,912 3,912
141,027 92,838 4,171 12,490 1,837 29,691
36.indb 29 30/3/2009 0:26:20
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36.indb 30 30/3/2009 0:26:20
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57,377,053,317 70.89 5,614,082,653 6.94 2,137,473,626 2.64 969,317,182 1.20 957,031,543 1.18
H 13,877,410,000 17.15
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36.indb 40 30/3/2009 0:26:46
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5,614,082,653
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1,180,327,134
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H 6.03% 1.03% 177,814,577
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98,549,345
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568,916,616
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Barclays PLC 828,576,318
H 5.97% 1.02%
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20081231336
36.indb 41 30/3/2009 0:26:46
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20081231XV352
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200827
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2008123125
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36.indb 61 30/3/2009 0:27:06
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3 299,159 329,292 4 13,615 13,626 5,608 5,451 5 29,922 6 14,235 2,814 8 882 800 9 177 274 10 14,628 9,281 18 6,612 7,683
384,838 369,221
11 2,561 2,665 12 17,289 16,979 13 7,386 2,817 397 222 14 27,866 21,427
55,499 44,110
440,337 413,331
15 83,448 67,767 15 565 3,811 16 34,458 29,013 17 53,628 30,670 164 3,314 22 24 18 4,505 5,646
176,790 140,245
(121,291) (96,135)
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48,999 47,114
225,789 187,359
98154
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2008 2007
19 80,932 80,932 20 132,104 143,589
213,036 224,521 1,512 1,451
214,548 225,972
440,337 413,331
98154
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2008 2007
3 296,201 641 4 13,525 202 5,600 11 5 29,877 6 14,147 24 7 8,435 178,642 8 737 9 177 10 14,520 18 6,577 4
389,796 179,524
11 1,907 12 16,185 255 13 7,426 69,337 113 14 21,556 5,814
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15 83,443 10,000 15 556 16 33,108 110 17 54,140 15,937 123 1,106 22 18 4,502
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224,879 57,303
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19 80,932 80,932 20 131,172 116,695
212,104 197,627
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21 186,801 180,882
(53,880) (52,607) (36,096) (29,856) (27,935) (24,294) 22 (28,946) (27,419) 23 (10,632) (8,965) 3 (24,167)
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4,809 (2,649) (103) 2,057 2,05720071231 24,195 24,195 97 24,292
4,809 (2,649) (103) 24,195 26,252 97 26,349 31 (31) (194) 194 (169) 169 (94) (94) 30 (6,741) (6,741) (6,741) 20 5,388 (5,388) (2,931) (2,931) (2,931) 649 (649) (2,839) 2,839 (1,408) (1,408) (1,408)
20071231 80,932 (2,804) 10,746 11,972 52,367 8,327 (582) 63,563 224,521 1,451 225,972
0.23 (69) (69) (69) (83) (83) (83)
(69) (83) (152) (152)20081231 884 884 95 979
(69) (83) 884 732 95 827 127 (127) (562) 562 (132) 132 (34) (34) 30 (6,125) (6,125) (6,125) 20 (535) (535) (535) 3,718 (3,718) 425 (425) 1 (5,557) (5,557) (5,557)
20081231 80,932 (2,804) 10,746 11,410 56,085 2,586 (665) 54,746 213,036 1,512 214,548
98154
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2008 2007
(a) 76,756 75,783
(46,652) (46,847) (92) (72) (120) (260) 620 362 111 42 (397) (222) 222 379 CDMA 5 (29,511)
(75,819) (46,618)
(24) (48) 109,235 84,990 19,787
(96,650) (105,037) (15,000)
(1,408) (5,557)
(6,167) (6,273) (2,931) (39) (40)
5,585 (30,747)
6,522 (1,582)11 21,427 23,113 (83) (104)
1231 27,866 21,427
98154
-
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(a)
2008 2007
186 30,996 53,880 52,607 24,167
2,755 1,828 1,386 (5) (83) (112) (215) (430) (380) 5,336 4,772 170 (104) 2,550 1,697
87,570 93,431 (1,439) (1,965) 357 550 (1,155) (205) 1,309 1,486 3,745 (3,010) 3,000 2,803 (4,042) (5,279)
89,345 87,811 440 402 (5,055) (5,206) 21 66 (7,995) (7,290)
76,756 75,783
98154
-
98
1.
5CDMA
70%30%
683.171.00
460.00110.00350.0015
-
9999
1.
278.0083.40194.60H43.1015
14.08
55.57
5.35
-
100
1.
178,656 2,226 180,882 23,799 493 24,292 408,004 5,327 413,331 185,632 1,727 187,359 222,372 3,600 225,972
-
101101
2.
(a)
2(g)2(m)
38
398 2(z)
(b)
-
102
2.
(b)
(c)
2(i)
(d)
(e)
2(o)
(f)
-
103103
2.
(g)
2(o)
3
0.930.32
-
104
2.
(g)
830 610 510
(h)
2070
(i)
2(o)
(j)
CDMA
2(o)
(k)
CDMA5
2(o)35
CDMA5
-
105105
2.
(l)
2(o)
(m)
2(o)
(n)
(o)
(i)
(ii)
-
106
2.
(o)
(ii)
(p)
(i) (ii) (iii) (iv)
(i)
(ii)
(iii)
(iv)
(v)
(i)
(ii)
(iii)
(iv)
(v)
-
107107
2.
(q)
132.10106.38
(r)
(s)
4.905.24
(t)
36
37
(u)
(v)
(w)
-
108
2.
(w)
(x)
(y)
(z)
-
109
3.
200711 74,510 525,293 19,299 619,102 199 725 628 1,552 3,649 43,964 1,460 49,073 (193) (13,464) (968) (14,625) (23) 230 (207) 3,739 19,405 (4) 23,140
20071231 81,881 576,153 20,208 678,242 100 1,014 871 1,985 2,511 40,784 1,584 44,879CDMA 920 1,622 91 2,633 (148) (14,564) (991) (15,703) 174 (174)
20081231 85,264 605,183 21,589 712,036
200711 (16,867) (260,867) (10,931) (288,665) (3,098) (46,409) (2,258) (51,765) 78 11,585 903 12,566 (69) 59 10 (161) (20,928) 3 (21,086)
20071231 (20,117) (316,560) (12,273) (348,950)CDMA (27) (9) (36) (3,436) (46,661) (2,160) (52,257) (36) (24,131) (24,167) 76 11,545 912 12,533 (99) 99
20081231 (23,513) (375,933) (13,431) (412,877)
20081231 61,751 229,250 8,158 299,159
20071231 61,764 259,593 7,935 329,292
-
110
3.
200711 406 122 528 2 4 6 216 68 69 353 (40) (14) (54) 32 (4) 28
20071231 216 468 177 861 80,852 570,381 19,506 670,739 93 954 755 1,802 2,422 40,647 1,523 44,592CDMA 913 1,511 36 2,460 (148) (14,393) (954) (15,495) 177 (177)
20081231 84,348 599,745 20,866 704,959
200711 (85) (72) (157) (2) (49) (17) (68) 25 13 38 (36) 3 (33)
20071231 (2) (145) (73) (220) (19,769) (313,326) (11,855) (344,950) (3,409) (46,320) (2,090) (51,819) (36) (24,131) (24,167) 76 11,438 884 12,398 (83) 83
20081231 (23,140) (372,567) (13,051) (408,758)
20081231 61,208 227,178 7,815 296,201
20071231 214 323 104 641
-
111
3.
2(g)3,261.2348.0927.55
56,913 3,578 60,491 259,349 1,231 (2,754) 257,826 7,807 (1) 7,806
324,069 4,809 (2,755) 326,123
241.67239.543CDMA
5.00
-
112
4.
200711 19,564 249 43,135 306 (49,073) (353)
20071231 13,626 202
46,328 46,024 13,338 (44,879) (44,592) (1,460) (1,447)
20081231 13,615 13,525
5.
2008 2007 2008 2007
CDMA 29,922 29,877
CDMA99.5%CDMA438.00CDMA34.71
-
113
5.
2,892 (295) 2,597 181 181 23 23 15 11,286 11,301 208 30 238 487 (234) 253 737 737 16 16 1,150 1,150 (385) (385) (5,583) (5,583) (32) (32)
10,496 (5) 29,922
0.84 40,413 (13,223) 3,471 (1,150)
29,511
CDMA
CDMA12%1%
-
114
5. CDMA61.54CDMACDMACDMA
6.
200711 3,065 3,065 1,637 1,637 (102) (102)
20071231 4,600 4,600 148 148CDMA 63 11,238 11,301 1,460 1,460 (113) (113)
20081231 6,158 11,238 17,396
200711 (1,142) (1,142) (723) (723) 79 79
20071231 (1,786) (1,786) (917) (562) (1,479) (5) (5) 109 109
20081231 (2,599) (562) (3,161)
20081231 3,559 10,676 14,235
20071231 2,814 2,814
-
115
6.
200711 60 60 8 8
20071231 68 68
4,364 4,364 115 115 1,447 1,447CDMA 51 11,238 11,289 (104) (104)
20081231 5,941 11,238 17,179
200711 (36) (36) (8) (8)
20071231 (44) (44)
(1,628) (1,628) (893) (562) (1,455) (5) (5) 100 100
20081231 (2,470) (562) (3,032)
20081231 3,471 10,676 14,147
20071231 24 24
-
116
7.
2008 2007
8,435 178,642
2001913 392
2000225
100,000
20011122 0.23
2007815 350
20041015
0.60
200571 500
99.5%
-
117
8.
2008 2007 2008 2007
330 339 737
552 461
882 800 737
50%
24%
9.
2008 2007 2008 2007
85 177 85
92 97 92
177 274 177
-
118
10.
2008 2007 2008 2007 2008 2007
726 559 726 559 6,738 1,219 (1,982) (2,222) 4,756 (1,003) 1,424 1,631 (821) (863) 603 768 5,740 5,872 5,740 5,872 (13) (36) (13) (36)
14,628 9,281 (2,816) (3,121) 11,812 6,160
200711
20071231
550 9 559 (ii),(iii) (965) 1,026 (1,064) (1,003) 1,032 (264) 768 (i) 7,690 (169) (1,649) 5,872 (22) (14) (36)
8,285 602 (2,727) 6,160
26
-
119
10.
200811
CDMA
20081231
559 23 144 726 (1,003) 5,759 4,756 768 (165) 603 (i) 5,872 (132) 5,740 (36) 23 (13)
6,160 23 5,606 23 11,812
26
2008 2007 2008 2007 2008 2007
695 695
6,702 (1,978) 4,724
1,398 (811) 587
5,725 5,725
(13) (13)
14,520 (2,802) 11,718
-
120
10. 2007123120081231
200811
20081231
527 168 695 (889) 5,613 4,724 631 (44) 587 (i) 5,856 (131) 5,725 (36) 23 (13)
(iv) 6,089 5,606 23 11,718
(i)
(ii) 36.4611.36
(iii) 25%25%
33%25%15%18%20%22%24%25%15%15%25%1.1715.77
(iv) 191.9831.09
-
121
11.
2008 2007 2008 2007
1,067 1,451 1,043
1,494 1,214 864
2,561 2,665 1,907
12.
2008 2007 2008 2007
17,923 16,796 16,907 157 46 372 248 218
1,112 1,378 1,082 52
19,407 18,422 18,207 255
(2,118) (1,443) (2,022)
17,289 16,979 16,185 255
30
-
122
12.
2008 2007 2008 2007
1,443 1,522 1,368 CDMA 491 481 1,797 1,361 1,754 (1,613) (1,440) (1,581)
2,118 1,443 2,022
2008 2007 2008 2007
11,282 11,016 11,125 2,170 2,408 2,132 1,514 1,009 1,504 495 304 494
15,461 14,737 15,255 (2,009) (1,313) (1,998)
13,452 13,424 13,257
2008 2007 2008 2007
1,397 1,645 1,008 73 1,210 1,042 1,076 95 834 498 487 47 505 500 381 40
3,946 3,685 2,952 255 (109) (130) (24)
3,837 3,555 2,928 255
-
123
13.
2008 2007 2008 2007
700 435 698
344 69,239 1,052 261 1,052
CDMA 5 3,471 3,471
836 855 720 88 720 708 649
607 558 492 10
7,386 2,817 7,426 69,337
14.
2008 2007 2008 2007
21,916 17,002 17,546 2,090 5,950 4,425 4,010 3,724
27,866 21,427 21,556 5,814
-
124
15.
2008 2007 2008 2007
9,693 29,326 9,688
9,979 9,979
63,776 38,441 63,776 10,000
83,448 67,767 83,443 10,000
5.1%4.4%5.1%2.8%2.5%7.5%4.72%3.9%7.3%
-
125
15.
2008 2007 2008 2007
4.53%7.05%
20201,533 4,113 1,524
1.00%7.55% 2060
877 1,012 877
2.30%3.50% 2040
1,690 1,768 1,690
2.30%4.50% 2032
686 839 686
43 71 43
4,829 7,803 4,820
1 6 1
(i)
19,811 19,811
(ii)
15,000 15,000
(iii)
15,150 15,150 15,150 15,150
39,791 37,959 39,782 30,150
(565) (3,811) (556)
39,226 34,148 39,226 30,150
-
126
15.
(i) 100.005.3%0.88100.004.15%1.25
(ii) 15.184%150.00
(iii) 15.184%
2008 2007 2008 2007
1 565 3,811 556 12 1,676 699 1,676 23 10,391 983 10,391 34 190 190 190 45 10,081 196 10,081 16,888 32,080 16,888 30,150
39,791 37,959 39,782 30,150
1,282.31368.231,282.31
16.
2008 2007 2008 2007
27,698 23,364 25,271 92 6,387 5,514 6,358 18 373 135 372 1,107
34,458 29,013 33,108 110
-
127
16.
2008 2007 2008 2007
7,530 5,329 6,939 22 10,289 8,185 9,786 11 6,807 6,381 6,990 7 9,832 9,118 9,393 70
34,458 29,013 33,108 110
17.
2008 2007 2008 2007
1,448 947 1,237 88 1,921 14,445 102 219 102 75 15,452 14,292 14,953 754 23,060 14,744 22,412 107 426 468 426 468CDMA i 13,140 13,089
53,628 30,670 54,140 15,937
(i)
-
128
18. 10
2008 2007 2008 2007
15,486 20,766 15,486 656 795 617 4,119 4,428 4,111
4,775 5,223 4,728
(2,022) (3,294) (2,022) (2,574) (2,736) (2,535) (4,221) (4,473) (4,216)
11,444 15,486 11,441
4,505 5,646 4,502 6,939 9,840 6,939
11,444 15,486 11,441
55.8469.86
19.
2008 2007
67,054,958,3211.00 67,055 67,05513,877,410,000H1.00 13,877 13,877
80,932 80,932
H
-
129
20.
(i) (iii) (ii)
200711 (2,804) 10,746 7,357 49,818 11,656 (479) 48,975 125,269 3,148 3,148
200711 (2,804) 10,746 7,357 49,818 14,804 (479) 48,975 128,41710 (1,577) (1,577) 4,809 4,80910 (1,136) (1,136)0.14 64 64 (103) (103)20071231 24,195 24,195 31 (31) (194) 194 (169) 169 30 (6,741) (6,741) (iii) 5,388 (5,388) (2,931) (2,931) 649 (649) (iii) (2,839) 2,839 (1,408) (1,408)
20071231 (2,804) 10,746 11,972 52,367 8,327 (582) 63,563 143,589
0.23 (69) (69) (83) (83)20081231 884 884 127 (127) (562) 562 (132) 132 30 (6,125) (6,125) (iii) (535) (535) (iv) 3,718 (3,718) 425 (425) 1 (5,557) (5,557)
20081231 (2,804) 10,746 11,410 56,085 2,586 (665) 54,746 132,104
-
130
20.
(i) (iii)
200711 29,168 10,746 49,818 13,249 102,981 20,455 20,455 (iii) 5,388 (5,388) (iii) (2,839) 2,839 30 (6,741) (6,741)
20071231 29,168 10,746 52,367 24,414 116,695 (v) 20,602 20,602 (iii) (iv) 3,718 (3,718) 30 (6,125) (6,125)
20081231 29,168 10,746 56,085 35,173 131,172
(i) (a) (b)11
(ii) 10(i)10(ii)
(iii)
10%50%20.7210%
33.1616%
25%
-
131
20.
(iv)
(v) 207.70
(vi) 351.73244.1460.6330
21.
2008 2007
(i) 96,331 111,625 (ii) 3,972
(iii) 40,786 31,817 (iv) 16,274 13,208 (v) 10,853 6,573 (vi) 10,231 9,183 (vii) 6,332 5,182 (viii) 2,022 3,294
186,801 180,882
-
132
21.
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
22.
2008 2007
19,162 17,440 9,784 9,979
28,946 27,419
-
133
23.
2008 2007
(i) 7,543 6,938 3,009 1,931 42 54 38 42
10,632 8,965
(i)
24. 0.800.470.58
25.
2008 2007
5,753 5,227 * (417) (455)
5,336 4,772 (430) (380) 371 44 (201) (148)
5,076 4,288
* 2.7%7.1% 2.3%6.7%
-
134
26.
2008 2007
4,792 7,274 21 3210 (5,606) (602)
(793) 6,704
2008 2007
186 30,996
25%200733% (i) 47 10,229 (i) 248 (1,678) (ii) (19) (41) (iii) 660 1,362 (iv) (1,071) (1,966) 10 (iii) 117 (658) (1,319)
(793) 6,704
(i) 15%18%25%200733%
(ii) 12%35%
(iii)
(iv)
-
135
27.
324 446 68 1,060 1,898 ^ 219 329 46 898 1,492 ^ 108 108 19 235 276 379 58 398 1,111 276 379 57 398 1,110 276 319 58 653 276 379 56 848 1,559 276 379 57 848 1,560 ^ 92 92 19 203 ^ 207 310 43 398 958
150 150 441 441 ^ 50 50 ^ 50 50 ^ 59 59 ^ 100 100 ^ 118 118 ^ 100 100
159 339 52 332 882 85 266 41 183 575 154 394 56 333 937 * 32 165 28 225 * 28 44 14 86
75 75
1,143 2,788 4,328 672 5,696 14,627
^
*
-
136
27.
324 1,080 66 513 1,983 292 972 60 410 1,734 276 1,127 56 331 1,790 276 1,127 55 331 1,789 * 161 1,013 33 1,962 3,169 * 115 115 230 276 1,127 56 331 1,790 276 1,052 54 410 1,792 276 1,052 55 410 1,793
150 150 200 200 150 150 150 150 500 500
^ 91 202 30 276 599 ^ 15 147 162 ^ 62 212 19 293 116 230 38 152 536 184 349 52 249 834 ^ 50 56 20 126
75 75
1,225 2,790 9,861 594 5,375 19,845
*
^
-
137
28. 27
2008 2007
3,698 3,768 122
7,588
2008 2007
1,500,0012,000,000 2 2,000,0012,500,000 2
29. 1.68
204.55
30. 0.08560.63
0.0757470.08561.2556.994.26
0.0833020.08567.4162.734.68
-
138
31. 8.84241.9580,932,368,321
32.
35(a)CDMA
2008 2007 2008 2007
1 830 558 746
12 595 372 561
23 479 305 471
34 380 233 380
808 580 808
3,092 2,048 2,966
36.4518.32
-
139
32.
2008 2007 2008 2007
629 730 629 53 3,283 2,945 3,282 62
3,912 3,675 3,911 115
764 1,005 764 54 3,857 3,449 3,790 24
4,621 4,454 4,554 78
(a)
(b)
11.95
-
140
33.
(a)
1.5%5.94%20071.5%7.047%
2008 2007
39,791 38,871 37,959 35,037
0.851.77
-
141
33. (b)
(i) 10%12
(ii)
-
142
33. (b)
(ii)
2008
1
12
25 5
83,448 (85,576) (85,576) 39,791 (48,407) (2,498) (3,558) (24,813) (17,538) 34,458 (34,458) (34,458) 53,628 (53,628) (53,628) 164 (164) (164) 40 (40) (22) (18)
211,529 (222,273) (176,346) (3,576) (24,813) (17,538)
2007
1
12
25 5
67,767 (69,258) (69,258) 37,959 (48,524) (5,539) (2,407) (6,178) (34,400) 29,013 (29,013) (29,013) 30,670 (30,670) (30,670) 3,314 (3,314) (3,314) 29 (29) (24) (5)
168,752 (180,808) (137,818) (2,412) (6,178) (34,400)
15
-
143
33. (b)
(iii)
2008 2007
% %
5.1 83,448 4.4 67,767 4.8 24,012 3.9 7,010
107,460 74,777 5.2 15,779 5.2 30,949
123,239 105,726
87.2% 70.7%
1001.182.07
(iv)
94.2%93.0%97.2%96.4%15
-
144
34.
28.0%25.6%
35.
(a)
2008 2007
(i) 145 120 (ii) 8,334 8,179 (iii) 2,297 2,266 (iv) 4,536 3,574 (v) 1,190 1,361 (vi) 378 373 (vii) 250 250 (viii) 78 82 (viii) 677 670 (ix) 3,537 2,501CDMA (x) 1,504
CDMA (xi) 107
-
145
35.
(a)
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
(ix) 15
(x) CDMACDMA
(xi) CDMA
2008 2007
372 248 700 435
1,072 683
6,387 5,514 1,448 947 63,776 38,441 15,150 30,150
86,761 75,052
-
146
35.
(a)
15
12.5%5%13.30
10.6%4.50
CDMACDMA , CDMACDMACDMACDMACDMACDMA28%90%CDMA
CDMACDMACDMACDMACDMACDMA8%
-
147
35.
(a)
CDMACDMA
(i) CDMA90%
(ii) CDMA
(b)
2008 2007
8,397 13,876 687 594 5,696 5,375
14,780 19,845
(c)
36
-
148
35.
(d)
(i)
2008 2007
11,257 12,264 4,912 4,121 786 867
-
149
35.
(d)
(i)
2008 2007
1,112 1,378 4,523 261
5,635 1,639
373 135 13,242 219
13,615 354
(ii)
2008 2007
428 374 2,216 2,726
-
150
35.
(d)
(ii)
2008 2007
21,674 16,893 5,950 4,425 397 172
28,021 21,490
9,693 29,326 4,829 7,803
14,522 37,129
15
36. 18% 20%
26.4725.47
2.575.61
-
151
37. 1HH
2.7651.481825%50%75%100%
5.602.782425%50%75%100%
8.3732.852425%50%75%100%
3.462.041.486.89
3.669.98
38.
2
-
152
38.
2(o)
-
153
38.
241.673
-
154
39.
1 23 32 1
1
2
13 15
16
17
18
3 27
39
132391516
40.
-
155
1231
2008 2007 2006 2005 2004
96,331 111,625 121,689 123,897 121,564 3,972
40,786 31,817 24,348 18,347 14,480 10,231 9,183 7,920 7,741 7,245 2,022 3,294 4,971 6,781 8,458 33,459 24,963 18,557 14,450 10,526
186,801 180,882 177,485 171,216 162,273 53,880 52,607 51,690 49,980 47,362 36,096 29,856 29,487 29,553 26,716 27,935 24,294 22,710 20,241 19,512 28,946 27,419 26,390 25,232 23,432 10,632 8,965 8,208 7,068 5,437 24,167
181,656 143,141 138,485 132,074 122,459
5,145 37,741 39,000 39,142 39,814 (2,755) (1,262) (5,076) (4,288) (4,472) (4,872) (5,318) 5 83 (25) (7) 7 112 215 61 62 29
186 30,996 34,564 34,325 33,270 793 (6,704) (6,919) (6,222) (5,175)
979 24,292 27,645 28,103 28,095
884 24,195 27,562 28,061 28,042 95 97 83 42 53
979 24,292 27,645 28,103 28,095
0.01 0.30 0.34 0.35 0.35
-
156
1231
2008 2007 2006 2005 2004
299,159 329,292 330,436 330,300 321,519 13,615 13,626 19,563 24,923 30,654 72,064 26,303 28,187 28,774 29,542 28,263 21,649 23,492 19,898 15,984 27,236 22,461 22,179 21,949 20,016
440,337 413,331 423,857 425,844 417,715
176,790 140,245 159,451 159,437 153,694 48,999 47,114 53,609 77,205 100,007
225,789 187,359 213,060 236,642 253,701
213,036 224,521 209,349 187,758 162,601 1,512 1,451 1,448 1,444 1,413
214,548 225,972 210,797 189,202 164,014
440,337 413,331 423,857 425,844 417,715
-
157
H2002111520021114 (ADSs)100H
728 CHA
2008 H ADS
7.00 2.00 2.89 90.85 26.17 38.05
2008 53% 51%
20081231 80,932,368,321
20081231 2,339
2002111520081231MSCI (MSCI)
-
158
2008123180,932,368,32180,932,368,3211.0020081231
67,054,958,321 82.85 57,377,053,317 70.89 5,614,082,653 6.94 2,137,473,626 2.64 969,317,182 1.20 957,031,543 1.18
H 13,877,410,000 17.15
80,932,368,321 100.00
H
200812315%H
H
RFS Holdings B.V. 907,191,530 6.54
JPMorgan Chase & Co. 836,933,193 6.03
Barclays PLC 828,576,318 5.97
-
159
2002 2003516 2003620 2003710 0.00837*2003 200441 200453 2004520 0.0652004 2005421 2005525 2005623 0.0652005 2006420 2006523 2006615 0.0752006 2007426 2007529 2007615 0.0852007 2008428 2008530 2008616 0.0852008 2009423 2009526 2009630 0.085**
* 0.0652002
** 2009526
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