XML 115 R93.htm IDEA: XBRL DOCUMENT
v3.22.1

Parent company only condensed financial information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Text block [abstract] |
Summary of Detailed Information about Parent Company Condensed Statements of Comprehensive Income | Condensed Statements of Comprehensive Income
|  | Year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Investment income |  |  | 183,099 |  |  |  | 113,793 |  |  |  | 60,006 |
Income from subsidiaries and VIEs |  |  | 14,665,234 |  |  |  | 15,149,508 |  |  |  | 18,035,463 |
Total income |  |  | 14,848,333 |  |  |  | 15,263,301 |  |  |  | 18,095,469 |
General and administrativ e expenses |  |  | (21,960 | ) |  |  | (91,233 | ) |  |  | (113,056 | )
Credit impairment losses |  |  | (3,663 | ) |  |  | (6,314 | ) |  |  | 2,210 |
Finance costs |  |  | (1,469,465 | ) |  |  | (2,901,518 | ) |  |  | (1,380,292 | )
Other gains/(losses) - net |  |  | (20,814 | ) |  |  | 89,878 |  |  |  | 202,562 |
Total expenses |  |  | (1,515,902 | ) |  |  | (2,909,187 | ) |  |  | (1,288,576 | )
Income before income tax expenses |  |  | 13,332,431 |  |  |  | 12,354,114 |  |  |  | 16,806,893 |
Less: Income tax expenses |  |  | — |  |  |  | — |  |  |  | (2,513 | )
Net profit for the year |  |  | 13,332,431 |  |  |  | 12,354,114 |  |  |  | 16,804,380 |
Net profit attributable to: |  |  |  |  |  |  |  |  |  |  |  |
Owners of the Company |  |  | 13,332,431 |  |  |  | 12,354,114 |  |  |  | 16,804,380 |
Other comprehensive income/(loss), net of tax: |  |  |  |  |  |  |  |  |  |  |  |
-Exchange differences on translation of foreign operations |  |  | (176,833 | ) |  |  | 614,399 |  |  |  | 28,402 |
Total comprehensive income for the year |  |  | 13,155,598 |  |  |  | 12,968,513 |  |  |  | 16,832,782 |
Total comprehensive income attributable to: |  |  |  |  |  |  |  |  |  |  |  |
Owners of the Company |  |  | 13,155,598 |  |  |  | 12,968,513 |  |  |  | 16,832,782 |
Summary of Detailed Information about Parent Company Condensed Statements Of Financial Position | Condensed Stat e ments of Financial Position
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB’000 |  |  | RMB’000 |
ASSETS |  |  |  |  |  |  |  |
Cash at bank |  |  | 5,909,811 |  |  |  | 1,813,616 |
Financial assets at fair value through profit or loss |  |  | — |  |  |  | 383,888 |
Financial assets at amortized cost |  |  | 15,933,939 |  |  |  | 8,846,623 |
Accounts and other receivables and contract assets |  |  | 350,584 |  |  |  | 4,641,662 |
Investments accounted for using the equity method |  |  | 77,536,740 |  |  |  | 95,872,302 |
Total assets |  |  | 99,731,074 |  |  |  | 111,558,091 |
LIABILITIES |  |  |  |  |  |  |  |
Borrowings |  |  | 355,203 |  |  |  | 319,926 |
Accounts and other payables and contract liabilities |  |  | 168,333 |  |  |  | 74,928 |
Convertible promissory note payable |  |  | 10,117,188 |  |  |  | 10,669,498 |
Optionally convertible promissory notes |  |  | 7,530,542 |  |  |  | 7,405,103 |
Other liabilities |  |  | — |  |  |  | 34,941 |
Total liabilities |  |  | 18,171,266 |  |  |  | 18,504,396 |
EQUITY |  |  |  |  |  |  |  |
Share capital |  |  | 77 |  |  |  | 75 |
Share premium |  |  | 33,213,426 |  |  |  | 33,365,786 |
Treasury shares |  |  | (2 | ) |  |  | (5,560,104 | )
Other reserves |  |  | 7,418,710 |  |  |  | 9,304,995 |
Retained earnings |  |  | 40,927,597 |  |  |  | 55,942,943 |
Total equity |  |  | 81,559,808 |  |  |  | 93,053,695 |
Total liabilities and equity |  |  | 99,731,074 |  |  |  | 111,558,091 |
Summary of Detailed Information about Parent Company Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
|  | Year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |  |  |
Cash used in op e rating activities |  |  | (28,986 | ) |  |  | (98,869 | ) |  |  | (105,253 | )
Net cash generated from/(used in) operating activities |  |  | (28,986 | ) |  |  | (98,869 | ) |  |  | (105,253 | )
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |
Capital contribution to consolidated entities |  |  | (1,839,399 | ) |  |  | (1,898,193 | ) |  |  | (109,635 | )
Payment for advances to consolidated entities |  |  | (5,754,349 | ) |  |  | (9,456,072 | ) |  |  | (3,689,678 | )
Receipts of repayment of the advances from consolidated entities |  |  | 4,969,062 |  |  |  | 2,374,680 |  |  |  | 7,249,502 |
Proceeds from sale of investment assets |  |  | 911 |  |  |  | 1,875 |  |  |  | 6,522 |
Payment for acquisition of investment assets |  |  | (2,345 | ) |  |  | — |  |  |  | (383,798 | )
Net cash generated from/(used in) investing activities |  |  | (2,626,120 | ) |  |  | (8,977,710 | ) |  |  | 3,072,913 |
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of shares and other equity securities |  |  | 542,903 |  |  |  | 17,343,739 |  |  |  | — |
Proceeds from exercise of share-based payment |  |  | — |  |  |  | — |  |  |  | 43,456 |
Proceeds from borrowings |  |  | 1,410,660 |  |  |  | — |  |  |  | 319,535 |
Repayment of interest expenses and borrowings |  |  | (99,265 | ) |  |  | (2,162,653 | ) |  |  | (925,233 | )
Payment for repurchase of ordinary shares |  |  | — |  |  |  | — |  |  |  | (6,438,455 | )
Other financing activities |  |  | (50,072 | ) |  |  | (4,745 | ) |  |  | (1,131 | )
Net cash generated from/(used in) financing activities |  |  | 1,804,226 |  |  |  | 15,176,341 |  |  |  | (7,001,828 | )
Effect of exchange rate changes on cash and cash equivalents |  |  | 6,306 |  |  |  | (336,426 | ) |  |  | (62,027 | )
Net increase/(decrease) in cash and cash equivalents |  |  | (844,574 | ) |  |  | 5,763,336 |  |  |  | (4,096,195 | )
Add: Cash and cash equivalents at the beginning of the year |  |  | 991,049 |  |  |  | 146,475 |  |  |  | 5,909,811 |
Cash and cash equivalents at the end of the year |  |  | 146,475 |  |  |  | 5,909,811 |  |  |  | 1,813,616 |

X
- Definition Disclosure of detailed information about parent company condensed statements of cash flows. + References No definition available. + Details
Name: | lu_DisclosureOfDetailedInformationAboutParentCompanyCondensedStatementsOfCashFlowsExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about parent company condensed statements of comprehensive income. + References No definition available. + Details
Name: | lu_DisclosureOfDetailedInformationAboutParentCompanyCondensedStatementsOfComprehensiveIncomeExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about parent company condensed statements of financial position. + References No definition available. + Details
Name: | lu_DisclosureOfDetailedInformationAboutParentCompanyCondensedStatementsOfFinancialPositionExplanatory
Namespace Prefix: | lu_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block abstract. + References No definition available. + Details
Name: | lu_TextBlockAbstract
Namespace Prefix: | lu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration