China Unicom (Hong Kong) Limited provides a full range of telecommunications services, including mobile and fixed line

Question:

China Unicom (Hong Kong) Limited provides a full range of telecommunications services, including mobile and fixed line service, in China.


Required

a. Consolidated income statement

1. Why presented in RMB and U.S. $?

2. Is the statement presented by function or nature?

3. Comment on the presentation relating net income to “attributable to.”

4. Why is earnings per share attributable to the equity holders?

5. Comment on the dividend paid during the year being presented in the income statement (proposed final dividend and dividends paid during the year).


Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is...
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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