China Mobile Limited
Annual Report 2012
134
Notes to the Financial Statements
(Expressed in Renminbi unless otherwise indicated)
36 Capital, Reserves and Dividends (Continued)
(c) Share capital
(i) Authorized and issued share capital
2012
2011
HK$ million
HK$ million
Authorized:
30,000,000,000 ordinary shares of HK$0.10 each
3,000
3,000
2012
2011
Number of
shares HK$ million
Equivalent
RMB million
Number of
shares HK$ million
Equivalent
RMB million
Issued and fully paid:
As at 1 January
20,072,065,571
2,007
2,140
20,065,423,246
2,006
2,139
Shares issued under
share option scheme
(note 36(c)(ii))
28,275,029
3
2
6,642,325
1
1
As at 31 December
20,100,340,600
2,010
2,142
20,072,065,571
2,007
2,140
The holders of ordinary shares are entitled to receive dividends as declared from time to time and are
entitled to one vote per share at meetings of the Company. All ordinary shares rank equally with regard to
the Company’s residual assets.
(ii) Shares issued under share option scheme
During 2012, options were exercised to subscribe for 28,275,029 ordinary shares in the Company at a
consideration of HK$652,875,000 (equivalent to RMB531,193,000) of which HK$2,828,000 (equivalent to
RMB2,301,000) was credited to share capital and the balance of HK$650,047,000 (equivalent to
RMB528,892,000) was credited to the share premium account. RMB25,000,000 has been transferred
from the capital reserve to the share premium account in accordance with policy set out in note 1(u)(ii).