China Mobile Limited
Annual Report 2012
55
Report of Directors
Dividends
The Board believes that the Company’s continuously stable profitability and strong cash flow generating capabilities will be
able to support future sustainable development, while providing shareholders with a favourable return. In view of the Group’s
stable profitability in 2012 and taking into consideration its long-term future development, the Board recommends payment
of a final dividend of HK$1.778 per share for the financial year ended 31 December 2012 in accordance with the dividend
payout ratio of 43% planned for the full financial year of 2012. This, together with the interim dividend of HK$1.633 per share
that was paid in 2012, amounts to an aggregate dividend payment of HK$3.411 per share for the full financial year of 2012.
Taking into consideration various relevant factors such as the Group’s overall financial condition, cash flow generating
capability and the need for future sustainable development, the Company’s planned dividend payout ratio for the full year of
2013 will be 43%.
Donations
Donations made by the Group during the year amounted to RMB46,935,037 (2011: RMB50,227,261).
Property, Plant and Equipment
Changes to the property, plant and equipment of the Group and the Company during the year ended 31 December 2012
are set out in note 14 to the financial statements.
Share Capital and Share Option Scheme
Details of the Company’s share capital and share option scheme are set out in note 36 to the financial statements and the
paragraph “Share Option Schemes” below, respectively.
Bonds
Details of the bonds of the Group are set out in note 31 to the financial statements.
Reserves
Changes to the reserves of the Group during the year are set out in the consolidated statement of changes in equity.
Changes to the reserves of the Company during the year are set out in note 36 to the financial statements.