2012 Annual Report - ZTE

ANNUAL REPORT 2012Consolidated Income Statement(Prepared in accordance with PRC ASBEs)(All amounts in RMB’000 unless otherwise stated)(English translation for reference only)Note V 2012 2011Operating revenue 39 84,219,358 86,254,456Less: Operating costs 39 64,091,546 60,157,354Taxes and surcharges 41 1,191,951 1,462,901Selling and distribution costs 42 11,180,633 10,953,233Administrative expenses 43 2,281,472 2,431,703Research and development costs 8,829,194 8,492,623Finance expenses 46 2,331,164 2,356,319Impairment losses 47 467,050 946,687Add: Losses from changes in fair values 44 (107,396) (88,675)Investment income 45 1,258,886 1,064,549Including: Share of profits and losses of jointlycontrolledentities and associates 45 48,123 71,305Operating profit/(loss) (5,002,162) 429,510Add: Non-operating income 48 3,081,253 2,368,710Less: Non-operating expenses 48 62,291 163,084Including: Loss on disposal of non-current assets 19,446 30,629Total profit/(loss) (1,983,200) 2,635,136Less: Income tax 49 621,421 392,043Net profit/(loss) (2,604,621) 2,243,093Net profit/(loss) attributable to owners of the parent (2,840,962) 2,060,166Minority interests 236,341 182,927Earnings per share 50Basic earnings per share RMB(0.83) RMB0.61Diluted earnings per share RMB(0.83) RMB0.61Other comprehensive income 51 758,380 (350,187)Total comprehensive income (1,846,241) 1,892,906Including:Total comprehensive income attributable to owners of theparent (2,103,307) 1,697,115Total comprehensive income attributable to minorityinterests 257,066 195,791153