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Condensed Financial Information of the Company (Tables)
12 Months Ended
Dec. 31, 2019
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Condensed Statements of Comprehensive Income
 
(a)
Condensed statements of comprehensive income
 
 
  
2019
 
  
2018
 
  
2017
 
 
  
Million
 
  
Million
 
  
Million
 
Dividend income
  
 
53,475
 
  
 
60,044
 
  
 
111,490
 
Operating expenses
  
 
(70
  
 
(67
  
 
(77
Interest and other income
  
 
38
 
  
 
41
 
  
 
23
 
Other gains/(losses)
  
 
77
 
  
 
250
 
  
 
(87
Finance costs
  
 
—  
 
  
 
—  
 
  
 
(2
 
  
 
 
 
  
 
 
 
  
 
 
 
Profit before taxation
  
 
53,520
 
  
 
60,268
 
  
 
111,347
 
Taxation
  
 
(9
  
 
—  
 
  
 
(14
 
  
 
 
 
  
 
 
 
  
 
 
 
PROFIT FOR THE YEAR
  
 
53,511
 
  
 
60,268
 
  
 
111,333
 
Other comprehensive income for the year
  
 
—  
 
  
 
—  
 
  
 
—  
 
 
  
 
 
 
  
 
 
 
  
 
 
 
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
  
 
53,511
 
  
 
60,268
 
  
 
111,333
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Condensed Balance Sheets
 
(b)
Condensed balance sheets
 
 
  
As of
 
  
As of
 
 
  
December 31, 2019
 
  
December 31, 2018
 
 
  
Million
 
  
Million
 
Non-current
assets
  
 
492,759
 
  
 
491,748
 
Current assets
  
 
2,262
 
  
 
2,614
 
Current liabilities
  
 
5,121
 
  
 
4,708
 
Non-current
liabilities
  
 
—  
 
  
 
—  
 
NET ASSETS
  
 
489,900
 
  
 
489,654
 
 
  
 
 
 
  
 
 
 
TOTAL EQUITY
  
 
489,900
 
  
 
489,654
 
 
  
 
 
 
  
 
 
 
Condensed Statements of Cash Flows
 
(c)
Condensed statements of cash flows
 
 
  
2019
 
  
2018
 
  
2017
 
 
  
Million
 
  
Million
 
  
Million
 
Net cash (used)/generated from operating activities
  
 
(156
  
 
2
 
  
 
(72
 
  
 
 
 
  
 
 
 
  
 
 
 
Net cash generated from investing activities
  
 
14,778
 
  
 
15,792
 
  
 
28,840
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net cash used in financing activities
  
 
(14,532
  
 
(16,331
  
 
(28,913
 
  
 
 
 
  
 
 
 
  
 
 
 
Net increase/(decrease) in cash and cash equivalents
  
 
90
 
  
 
(537
  
 
(145
Cash and cash equivalents at beginning of year
  
 
245
 
  
 
554
 
  
 
796
 
Effect of changes in foreign exchange rate
  
 
(25
  
 
228
 
  
 
(97
 
  
 
 
 
  
 
 
 
  
 
 
 
Cash and cash equivalents at end of year
  
 
310
 
  
 
245
 
  
 
554