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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2020
China Mobile Communications Corporation [member]  
Statement [LineItems]  
Summary of Principal Related Party Transactions
The following is a summary of principal related party transactions entered into by the Group with CMCC Group for the years ended December 31, 2018, 2019 and 2020.
 
      2020   2019   2018 
   Note  Million   Million   Million 
Revenue from telecommunications services
  (i)   979    495    71 
Property leasing and management services revenue
  (ii)   280    197    226 
Telecommunications services charges
  (i)   188    103    —   
Property leasing and management services charges
  (ii)   1,365    1,129    1,009 
Charges for use of network assets
  (iii)   1,891    1,448    2,308 
Charges of use of network capacity
  (iii)   4    30    402 
Interest expenses
  (iv)   170    187    142 
Short-term bank deposits received
  (iv)   26,706    21,637    10,873 
Short-term bank deposits repaid
  (iv)   21,637    10,873    8,611 
Consideration of assets transferred
  (v)   —      873    —   
      
 
 
   
 
 
   
 
 
 
Note:
 
 (i)
The amounts represent telecommunications services settlement received/receivable from or paid/payable to CMCC Group for the telecommunications project planning, design and construction services, telecommunications line and pipeline construction services, and telecommunications line maintenance services.
 
 (ii)
The amounts represent the charges of property leasing and management fees received/receivable from or paid/payable to CMCC Group in respect of offices, retail outlets and warehouses. The amounts included the depreciation of
right-of-use
assets recognized in relation to the property leasing agreements and the finance cost associated with the lease liabilities.
 
 (iii)
The amounts represent the charges for use of network assets and the
TD-SCDMA
network capacity charges paid/payable to CMCC Group.
 
 (iv)
The amounts represent the deposits received from or repaid to CMCC Group and interest expenses paid/payable to CMCC Group in respect of the deposits.
 
 (v)
On August 9, 2019, the Group completed an acquisition of assets related to the “Village Connect” project, at a total consideration of RMB873 million.
Amounts Due from (to) Related Party
The outstanding balances related to transactions with CMCC Group are included in the following accounts captions summarized as follows:
 
      As of   As of 
      December 31,
2020		   December 31,
2019		 
   Note  Million   Million 
Accounts receivable
      995    630 
Other receivables
      372    277 
Prepayments and other current assets
      6    2 
Amounts due from ultimate holding company
      1,396    1,350 
Right-of-use
assets
      679    399 
Lease liabilities
      770    468 
Accounts payable
      4,770    6,741 
Accrued expenses and other payables
      1,696    90 
Amounts due to ultimate holding company
  (iv)   26,714    21,677 
      
 
 
   
 
 
 
Associates and joint ventures [member]  
Statement [LineItems]  
Summary of Principal Related Party Transactions
The following is a summary of principal related party transactions entered into by the Group with the associates and joint ventures of the Group for the year ended December 31, 20
18
, 2019 and 20
20
.
 
      2020   2019   2018 
   Note  Million   Million   Million 
Revenue from telecommunications services
  (i)   582    535    604 
Property leasing and management services revenue
  (ii)   32    30    40 
Interest and other income
  (iii)   969    6,130    4,083 
Dividend income
      4,362    2,299    691 
Telecommunications services charges
  (i)   2,515    474    
528
 
Related costs for use of tower assets
  (iv)   41,438    39,843    37,837 
      
 
 
   
 
 
   
 
 
 
The outstanding balances related to transactions with the associates and joint ventures of the Group are included in the following accounts captions summarized as follows:
 
      As of
December 31,
2020		   
As of
December 31,
2019
 
   Note  Million   Million 
Accounts receivable
  (i)   185    225 
Interest receivable
  (iii)   502    831 
Right-of-use
assets
  (iv)   30,355    40,316 
Other receivables
  (v)   5,895    9,545 
Financial assets at FVPL
  (vi)   25,692    54,490 
Bank deposits
  (vii)   55,977    59,205 
Prepayments and other current assets
      23    36 
Lease liabilities
  (iv)   37,729    43,142 
Accounts payable
  (iv)   4,691    4,708 
Bills payable
  (iv)   1,214    356 
Accrued expenses and other payables
  (iv)   8,228    6,511 
      
 
 
   
 
 
 
Note:
 
 (i)
The amounts represent telecommunications services settlement received/receivable from or paid/payable to the Group’s associates and joint ventures for the telecommunications project planning, design and construction services and the charges of purchasing software products and services paid/payable to the Group’s associates and joint ventures.
 
 (ii)
The amounts represent the property leasing and management service revenue received/receivable from China Tower and other associates and joint ventures.
 
 (iii)
The amounts primarily represent interest received/receivable from deposits placed with SPD Bank, placements with SPD Bank and short-term loans granted to China Tower; and they also include income derived from WMPs purchased from SPD Bank and the loss from the CB publicly issued by SPD Bank as mentioned in
n
ote 23.
 
 (iv)
The amounts primarily represent the
right-of-use
assets and lease liabilities recognized and the amount paid/payable to China Tower and other associates and joint ventures for the use of telecommunications towers. Related costs for use of tower assets include charges for use of tower assets, the depreciation of the
right-of-use
assets, and the finance cost associated with the lease liabilities.
 
 (v)
The amounts primarily represent the short-term loans granted to China Tower, placements with SPD Bank, and withholding power and utilities expenses and lease charges payable on behalf of China Tower, etc. The interest rates of short-term loans granted to China Tower are mutually agreed among both parties with reference to the market interest rates.
 
 (vi)
The amounts represent the WMPs purchased from SPD Bank and the CB publicly issued by SPD Bank. The return rates of WMPs are determined with reference to market conditions and the fair values of CB are based on quoted market prices (level 1).
 
 (vii)
The amounts represent the deposits placed with SPD Bank, the interest rate of which is determined in accordance with the benchmark interest rate published by PBOC.