XML 87 R65.htm IDEA: XBRL DOCUMENT

Income Tax Expenses (Tables)

12 Months Ended

Dec. 31, 2021

The following table sets forth the income tax expense of the Group for the years ended December 31, 2019, 2020 and 2021:


	Year ended December 31,
	2019		2020		2021
	RMB’000		RMB’000		RMB’000
Current income tax		4,254,978		5,570,012		13,105,863
Deferred income tax		1,861,719		63,253		(6,414,745	)

		6,116,697		5,633,265		6,691,118

Summary of Reconciliation from Income Tax Calculated Based on the Applicable Tax Rates and Profit before Income Tax Expenses

The following table sets forth the reconciliation from income tax calculated based on the applicable tax rates and profit before income tax expenses presented in the consolidated financial statements to the income tax expenses:


	Year ended December 31,
	2019			2020			2021
	RMB’000			RMB’000			RMB’000
Profit before income tax expenses		19,433,841			17,909,505			23,400,178
Income tax calculated at the PRC statutory tax rate of 25%		4,858,460			4,477,376			5,850,045
Tax effect of:
Reversal of deferred tax assets recognized in prior years		190,104			3,643			381,456
Differential income tax rates applicable to subsidiaries (Note a, b, c, d and e)		350,051			756,392			263,707
Expenses and losses not deductible for tax purposes		530,638			262,843			245,097
Deductible temporary differences and tax losses for which no deferred tax asset was recognized		244,187			280,251			210,748
Income not subject to tax		(36,536	)		(99,378	)		(19,640	)
Utilization of previously unrecognized deferred tax assets		(5,163	)		(14,711	)		(24,649	)
Research and development tax credit		—			(38,680	)		(39,038	)
Effect of tax rate changes on deferred income taxes		(37,959	)		—			(42,929	)
Others		22,915			5,529			(133,679	)

Income tax expense		6,116,697			5,633,265			6,691,118