| 2017 | 2016 | |||||||
| RMB million | RMB million | |||||||
|
Share premium |
||||||||
|
At January 1 |
14,131 | 14,131 | ||||||
|
Addition (Note 47(ii)) |
1,051 | — | ||||||
|
|
|
|
|
|||||
|
At December 31 |
15,182 | 14,131 | ||||||
|
|
|
|
|
|||||
|
Fair value reserve |
||||||||
|
At January 1 |
209 | 55 | ||||||
|
Change in fair value of available-for-sale equity securities |
47 | 148 | ||||||
|
Change in fair value of derivative financial instruments |
19 | 6 | ||||||
|
|
|
|
|
|||||
|
At December 31 |
275 | 209 | ||||||
|
|
|
|
|
|||||
|
Statutory and discretionary surplus reserve |
||||||||
|
At January 1 |
1,957 | 1,552 | ||||||
|
Appropriations to reserves (Note (a)) |
492 | 405 | ||||||
|
|
|
|
|
|||||
|
At December 31 |
2,449 | 1,957 | ||||||
|
|
|
|
|
|||||
|
Other reserve |
||||||||
|
At January 1 |
121 | 123 | ||||||
|
Share of an associate’s reserves movement |
1 | (2 | ) | |||||
|
Dilution and change in non-controlling interests and other reserves |
113 | — | ||||||
|
|
|
|
|
|||||
|
At December 31 |
235 | 121 | ||||||
|
|
|
|
|
|||||
|
Retained profits |
||||||||
|
At January 1 |
17,220 | 13,366 | ||||||
|
Profit for the year |
5,961 | 5,044 | ||||||
|
Appropriations to reserves (Note (a)) |
(492 | ) | (405 | ) | ||||
|
Dividends approved in respect of the previous year |
(982 | ) | (785 | ) | ||||
|
|
|
|
|
|||||
|
At December 31 |
21,707 | 17,220 | ||||||
|
|
|
|
|
|||||
|
Total |
39,848 | 33,638 | ||||||
|
|
|
|
|
|||||