Cash Flow Information (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Of Cash Flow Information [Abstract]

Summary of Cash Generated from Operations

(a)Cash generated from operations

	2021			2022			2023
	RMB’million			RMB’million			RMB’million
Profit before income tax		3,632			4,373			6,045
Adjustments for:
Depreciation and amortization		1,001			1,160			1,004
Impairment provision for investment in an associate (Note 17)		-			-			23
Loss allowance for expected credit losses (Note 20)		9			47			17
Non-cash employee benefits expense – share based payments (Note 8)		647			665			649
Fair value gains on investments (Note 7)		(105	)		(26	)		-
Fair value gains of financial liability		-			(17	)		-
Net losses/(gains) in relation to equity investments (Note 7)		10			-			(12	)
Dividend income (Note 7)		(27	)		(14	)		(15	)
Gains of step-up acquisition arising from business combination (Note 7)		(8	)		(141	)		(4	)
Share of loss/(profit) of associates and joint ventures (Note 17)		47			(38	)		(127	)
Interest income (Note 6)		(530	)		(711	)		(1,052	)
Interest expense		120			115			124
Net exchange differences		1			(7	)		17
(Increase)/decrease in accounts receivable		(769	)		906			(204	)
(Increase)/decrease in inventories		(6	)		10			7
Decrease/(increase) in other operating assets		408			(17	)		85
Decrease in accounts payable		631			663			52
Increase in other operating liabilities		309			659			846
Cash generated from operations		5,370			7,627			7,455