Property Plant And Equipment

12 Months Ended

Dec. 31, 2023

Disclosure of detailed information about property, plant and equipment [abstract]

Property Plant And Equipment

12.Property, plant and equipment

	Servers and network equipment			Leasehold improve -ments			Construction in progress			Office furniture, equipment and others			Total
	RMB ’million			RMB ’million			RMB ’million			RMB ’million			RMB ’million
At January 1, 2022
Cost		344			137			37			91			609
Accumulated depreciation		(260	)		(57	)		-			(49	)		(366	)
Net book amount		84			80			37			42			243
Year ended December 31, 2022
Opening net book amount		84			80			37			42			243
Transfer from construction in progress		-			7			(7	)		-			-
Additions		23			23			102			23			171
Disposals		-			(1	)		-			-			(1	)
Depreciation charge		(37	)		(25	)		-			(28	)		(90	)
Closing net book amount		70			84			132			37			323
At December 31, 2022
Cost		354			166			132			95			747
Accumulated depreciation		(284	)		(82	)		-			(58	)		(424	)
Net book amount		70			84			132			37			323
Year ended December 31, 2023
Opening net book amount		70			84			132			37			323
Transfer from construction in progress		-			1			(1	)		-			-
Additions		12			21			210			20			263
Disposals		(5	)		(3	)		-			(6	)		(14	)
Depreciation charge		(27	)		(33	)		-			(22	)		(82	)
Closing net book amount		50			70			341			29			490
At December 31, 2023
Cost		335			168			341			96			940
Accumulated depreciation		(285	)		(98	)		-			(67	)		(450	)
Net book amount		50			70			341			29			490

The Group used the facilities for issuing payment guarantees of the constructions of buildings and has utilized RMB9 million related to the constructions of buildings as at December 31, 2023.

During the years ended December 31, 2021, 2022 and 2023, depreciation was charged to the consolidated income statements as follows:

	Year ended December 31,
	2021		2022		2023
	RMB’million		RMB’million		RMB’million
Cost of revenues		66		46		37
General and administrative expenses		33		44		45
		99		90		82