2012 Annual Report - ZTE

ZTE CORPORATIONConsolidated Statement of Comprehensive Income(Prepared under Hong Kong Financial Reporting Standards)Year ended 31 December 20122012 2011Notes RMB’000 RMB’000REVENUE 5 84,219,358 86,254,456Cost of sales (65,545,460) (62,086,367)Gross profit 18,673,898 24,168,089Other income and gains 5 4,508,721 3,664,374Research and development costs (8,829,194) (8,492,623)Selling and distribution expenses (11,340,927) (11,112,176)Administrative expenses (2,449,201) (2,605,579)Other expenses (706,139) (1,684,091)Finance costs 7 (1,888,481) (1,374,163)Share of profits and losses of:Jointly-controlled entities 619 440Associates 47,504 70,865PROFIT/(LOSS) BEFORE TAX 6 (1,983,200) 2,635,136Income tax expense 10 (621,421) (392,043)PROFIT/(LOSS) FOR THE YEAR (2,604,621) 2,243,093Attributable to:Owners of the parent 11 (2,840,962) 2,060,166Non-controlling interests 236,341 182,927OTHER COMPREHENSIVE INCOME(2,604,621) 2,243,093Cash flow hedges — effective portion of changes in fairvalue of hedging instruments arising during the year (12,736) (4,120)Changes in fair value of available-for-sale investments 30,792 —Revaluation gain upon transfer from owner-occupiedproperties to investment properties 932,669 —Income tax effect 40 (139,900) —Exchange differences on translation of foreign operations (52,445) (346,067)OTHER COMPREHENSIVE INCOME/(LOSS) FOR THEYEAR, NET OF TAX 758,380 (350,187)TOTAL COMPREHENSIVE INCOME/(LOSS) FOR THEYEAR (1,846,241) 1,892,906Attributable to:Owners of the parent (2,103,307) 1,697,115Non-controlling interests 257,066 195,791EARNINGS/(LOSS) PER SHARE ATTRIBUTABLE TOORDINARY EQUITY HOLDERS OF THE PARENT 13(1,846,241) 1,892,906Basic RMB(0.83) RMB0.61Diluted RMB(0.83) RMB0.61Details of the dividends payable and proposed for the year are disclosed in note 12 to the financial statements.314