Leases

12 Months Ended

Dec. 31, 2020

Text block [abstract]

Leases

17 LEASES

This note provides lease information about the Group as a lessee.

(a) Right-of-use assets

	Telecommunications Towers and related assets Million			Buildings and premises Million			Others Million			Total Million
Cost:
As of January 1, 2019		75,169			35,790			3,545			114,504
Additions		5,696			9,135			1,139			15,970
Early termination and modification of lease contracts		(1,890	)		(1,620	)		(567	)		(4,077	)
Exchange differences		—			22			—			22
As of December 31, 2019		78,975			43,327			4,117			126,419
As of January 1, 2020		78,975			43,327			4,117			126,419
Additions		7,100			10,554			1,302			18,956
Termination of lease contracts		(309	)		(3,496	)		(341	)		(4,146	)
Early termination and modification of lease contracts		(1,654	)		(2,127	)		(105	)		(3,886	)
Exchange differences		—			(99	)		—			(99	)
As of December 31, 2020		84,112			48,159			4,973			137,244
Accumulated amortization and impairment:
As of January 1, 2019		15,299			12,409			2,507			30,215
Charge for the year		14,738			7,675			338			22,751
Early termination and modification of lease contracts		(276	)		(435	)		(151	)		(862	)
Exchange differences		—			7			—			7
As of December 31, 2019		29,761			19,656			2,694			52,111
As of January 1, 2020		29,761			19,656			2,694			52,111
Charge for the year		15,883			9,179			950			26,012
Termination of lease contracts		(309	)		(3,496	)		(341	)		(4,146	)
Early termination and modification of lease contracts		(933	)		(782	)		(64	)		(1,779	)
Exchange differences		—			(45	)		—			(45	)
As of December 31, 2020		44,402			24,512			3,239			72,153
Net book value:
As of December 31, 2020		39,710			23,647			1,734			65,091
As of December 31, 2019		49,214			23,671			1,423			74,308

(b) Amounts recognized in the consolidated statements of comprehensive income

For the year ended December 31, 2020, the depreciation charge of right-of-use assets recognized in the consolidated statements of comprehensive income amounted to RMB26,012 million (2019: RMB22,751 million; 2018: nil). Other than the depreciation charge of right-of-use assets, the amounts recognized in the consolidated statements of comprehensive income in relation to interest expense of lease liabilities, and expenses related to short-term leases, low-value leases which are not recorded as short-term leases and variable lease payments are disclosed in note 10 and note 5, respectively.