CHINA MOBILE-R 80941·

Gross margin ------------------------------------------------------------62.15%--59.78%2.36%59.21%0.57%68.38%9.17%68.28%0.09% Net margin ------------------------------------------------------------13.71%--13.40%0.31%13.07%0.33%15.57%2.50%15.33%0.25% ROE ------------------------------------------------------------9.63%--9.67%0.04%9.82%0.15%9.94%0.12%9.60%0.34% ROA ------------------------------------------------------------6.32%--6.49%0.17%6.62%0.13%6.57%0.05%6.45%0.12% Revenue growth ----------------------------------------------------------------10.49%--7.69%2.80%-11.87%19.56%0.68%12.56% Attributable profit growth ----------------------------------------------------------------8.02%--5.03%2.99%5.01%0.01%-0.92%5.94% Debt-to-assets ------------------------------------------------------------34.27%--32.76%1.51%32.45%0.31%33.75%1.30%32.67%1.08% Current ratio ------------------------------------------------------------1.02--0.860.170.890.040.900.010.810.09 Operating cash flow / net profit ------------------------------------------------------------2.71--2.240.472.300.072.280.021.700.58 Operating cash flow / revenue ------------------------------------------------------------37.11%--29.95%7.15%30.10%0.14%35.50%5.40%26.01%9.49%

Net margin 15.50%--14.52%--14.68%0.81%13.63%0.90% Revenue growth ---------1.05%---1.81%-- Attributable profit growth ---------6.29%---7.94%-- Debt-to-assets --------32.25%--33.19%-- Current ratio --------0.88--0.86-- Operating cash flow / net profit 0.99--1.40--1.450.461.740.35 Operating cash flow / revenue 15.42%--20.27%--21.35%5.93%23.75%3.48%

Revenue ------------------------------------------------------------848.26B--937.26B10.49%1.01T7.69%889.47B11.87%895.53B0.68% Gross profit ------------------------------------------------------------527.16B--560.33B6.29%597.61B6.65%608.18B1.77%611.50B0.55% Selling and distribution expenses ------------------------------------------------------------48.24B--49.59B2.80%52.48B5.82%54.56B3.98%56.18B2.97% Net finance costs ------------------------------------------------------------2.68B--2.33B13.03%3.73B60.09%3.27B12.25%3.66B11.73% Income tax ------------------------------------------------------------35.88B--37.28B3.90%38.60B3.54%39.86B3.28%38.34B3.81% Operating profit ------------------------------------------------------------117.96B--129.10B9.44%134.35B4.06%142.59B6.14%148.93B4.45% Profit before tax ------------------------------------------------------------152.18B--162.87B7.02%170.53B4.70%178.39B4.61%175.61B1.56% Net profit ------------------------------------------------------------116.31B--125.59B7.99%131.94B5.05%138.53B5.00%137.26B0.91% Net profit attributable to owners ------------------------------------------------------------116.15B--125.46B8.02%131.77B5.03%138.37B5.01%137.09B0.92%

Revenue 543.77B--794.67B--538.03B1.05%780.29B1.81% Other income and gains 9.19B--2.31B--12.53B36.36%3.34B44.40% Cost of sales 74.73B--109.47B--84.13B12.58%120.94B10.48% Selling and distribution expenses 28.78B--41.01B--28.34B1.56%40.79B0.55% Net finance costs 1.68B--2.57B--1.72B2.08%2.55B1.01% Income tax 22.80B--31.38B--20.07B11.96%27.15B13.48% Operating profit 90.55B--123.37B--78.26B13.57%105.69B14.33% Share of associates and JVs 7.20B--10.33B--7.87B9.39%11.36B10.05% Profit before tax 107.07B--146.80B--99.08B7.46%133.47B9.08% Net profit 84.27B--115.42B--79.01B6.25%106.33B7.88% Net profit attributable to owners 84.23B--115.35B--78.93B6.29%106.20B7.94%

Cash and cash equivalents ------------------------------------------------------------243.94B--167.11B31.50%141.56B15.29%167.31B18.19%97.27B41.86% Trade and bills receivables ------------------------------------------------------------34.67B--42.76B23.33%54.88B28.36%75.74B38.01%99.76B31.71% Inventories ------------------------------------------------------------10.20B--11.70B14.63%12.03B2.82%11.23B6.63%16.61B47.95% Total current assets ------------------------------------------------------------595.37B--456.37B23.35%498.10B9.14%568.56B14.14%497.65B12.47% Total assets ------------------------------------------------------------1.84T--1.94T5.12%1.99T2.95%2.11T5.79%2.13T0.95% Total current liabilities ------------------------------------------------------------582.15B--533.34B8.38%558.57B4.73%633.02B13.33%613.56B3.07% Total liabilities ------------------------------------------------------------631.03B--634.12B0.49%646.67B1.98%711.59B10.04%695.33B2.28% Equity attributable to owners ------------------------------------------------------------1.21T--1.30T7.54%1.34T3.42%1.39T3.75%1.43T2.62% Total equity ------------------------------------------------------------1.21T--1.30T7.53%1.35T3.42%1.40T3.76%1.43T2.60%

Cash and cash equivalents --------102.44B--97.66B-- Trade and bills receivables --------122.24B--122.04B-- Inventories --------15.56B--16.16B-- Total current assets --------545.92B--545.13B-- Total assets --------2.16T--2.15T-- Total current liabilities --------620.85B--634.61B-- Total liabilities --------695.55B--713.36B-- Equity attributable to owners --------1.46T--1.43T-- Total equity --------1.46T--1.44T--

Net cash from operating activities ------------------------------------------------------------314.76B--280.75B10.81%303.78B8.20%315.74B3.94%232.92B26.23% Net cash from investing activities -------------------------------------------------------------238.30B---238.05B0.10%-205.70B13.59%-185.19B9.97%-190.40B2.81% Net cash from financing activities -------------------------------------------------------------45.20B---120.51B166.62%-123.84B2.76%-105.17B15.08%-112.14B6.63% Net change in cash ------------------------------------------------------------31.27B---77.82B348.88%-25.76B66.89%25.38B198.52%-69.63B374.34%

Net cash from operating activities 83.83B--161.05B--114.85B37.00%185.29B15.05% Net cash from investing activities -134.25B---141.84B---64.59B51.89%-89.50B36.90% Net cash from financing activities -22.13B---88.66B---44.31B100.20%-94.39B6.47% Net change in cash -72.55B---69.45B--5.96B108.21%1.39B102.00%