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Commitments
12 Months Ended
Dec. 31, 2022
Capital commitments [abstract]  
Commitments
31.
Commitments
(a)
Operating commitments

The following table summarizes future minimum commitments of the Group under non-cancelable operating arrangements:

 

 

2021

 

 

2022

 

 

RMB’million

 

 

RMB’million

 

Within one year

 

 

348

 

 

 

61

 

Later than one year but not later than five years

 

 

24

 

 

 

18

 

 

 

372

 

 

 

79

 

As at December 31, 2022, the operating commitments of the group are mainly related to property management and other services.

(b)
Content royalty

The Group is subject to the following minimum royalty payments associated with its license agreements:

 

 

2021

 

 

2022

 

 

RMB’million

 

 

RMB’million

 

Within one year

 

 

2,511

 

 

 

1,743

 

Later than one year but not later than five years

 

 

1,189

 

 

 

350

 

 

 

3,700

 

 

 

2,093

 

 

(c)
Investment commitments

As at December 31, 2021 and 2022, the Group had commitments of approximately RMB513 million and RMB13 million to invest in equity interest of certain entities.