China Communications Services Corporation Limited Annual Report 2015
137
NOTES TO THE
CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2015
25. OTHER NON-CURRENT ASSETS
Other non-current assets mainly represent the long-term receivables arising from provision of telecommunications
infrastructure services and prepaid rent for buildings and equipment.
26. INVENTORIES
2015
2014
RMB’000
RMB’000
Construction materials
452,678
288,470
Finished goods
2,304,453
2,061,092
Spare parts and consumables
126,858
71,336
2,883,989
2,420,898
The analysis of the amount of inventories recognised as costs and expenses is as follows:
2015
2014
RMB’000
RMB’000
Carrying amount of inventories consumed and sold
20,452,798
20,190,921
Reversal of write-down of inventories
(1,452)
(1,057)
Write-down of inventories
64,712
18,666
20,516,058
20,208,530
27. ACCOUNTS AND BILLS RECEIVABLE, NET
2015
2014
RMB’000
RMB’000
Bills receivable
202,069
431,134
Unbilled revenues for contract work
7,864,033
7,856,102
Trade receivables
20,536,104
19,778,338
28,602,206
28,065,574
Less: impairment losses
(1,081,377)
(624,376)
27,520,829
27,441,198
(a)
Included in accounts and bills receivable are amounts due from CTC Group of RMB15,976 million (2014: RMB13,612
million) as at 31 December 2015. The amounts due from CTC Group are unsecured, interest-free and are expected to
be recovered within one year.
