Parent company only condensed financial information (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Investments Accounted for Using the Equity Method

(a)	Investments accounted for using the equity method


	As of December 31,
	2020		2021		2022
	RMB’000		RMB’000		RMB’000
Investments in subsidiaries		77,046,809		95,412,806		106,249,382
Investments in associates		489,931		459,496		39,271

		77,536,740		95,872,302		106,288,653

Summary of Detailed Information about Parent Company Condensed Statements of Comprehensive Income

Condensed Statements of Comprehensive Income


	Year ended December 31,
	2020			2021			2022
	RMB’000			RMB’000			RMB’000
Investment income		113,793			60,006			38,695
Income from subsidiaries and VIEs		15,149,508			18,035,463			10,683,088

Total income		15,263,301			18,095,469			10,721,783

General and administrative expenses		(91,233	)		(113,056	)		(113,983	)
Credit impairment losses		(6,314	)		2,210			6,972
Finance costs		(2,901,518	)		(1,380,292	)		(1,753,486	)
Other gains/(losses) - net		89,878			202,562			(161,917	)

Total expenses		(2,909,187	)		(1,288,576	)		(2,022,414	)

Income before income tax expenses		12,354,114			16,806,893			8,699,369
Less: Income tax expenses		—			(2,513	)		—

Net profit for the year		12,354,114			16,804,380			8,699,369

Net profit attributable to:
Owners of the Company		12,354,114			16,804,380			8,699,369
Other comprehensive income/(loss), net of tax:
-Exchange differences on translation of foreign operations		614,399			28,402			(1,581,252	)

Total comprehensive income for the year		12,968,513			16,832,782			7,118,117

Total comprehensive income attributable to:
Owners of the Company		12,968,513			16,832,782			7,118,117

Summary of Detailed Information about Parent Company Condensed Statements Of Financial Position

Condensed Statements of Financial Position


	As of December 31,
	Note		2021			2022
			RMB’000			RMB’000
ASSETS
Cash at bank		16		1,813,616			1,644,302
Financial assets at fair value through profit or loss		17		383,888			767,636
Financial assets at amortized cost		18		8,846,623			155,602
Accounts and other receivables and contract assets		20		4,641,662			1,627,343
Investments accounted for using the equity method		48(a)		95,872,302			106,288,653

Total assets				111,558,091			110,483,536

LIABILITIES
Borrowings		29		319,926			139,054
Accounts and other payables and contract liabilities		31		74,928			3,803,643
Convertible promissory note payable		34		10,669,498			5,164,139
Optionally convertible promissory notes		35		7,405,103			8,142,908
Other liabilities				34,941			43,946

Total liabilities				18,504,396			17,293,690

EQUITY
Share capital		37		75			75
Share premium		37		33,365,786			32,073,874
Treasury shares		38		(5,560,104	)		(5,642,769	)
Other reserves		39		9,304,995			2,158,432
Retained earnings				55,942,943			64,600,234

Total equity				93,053,695			93,189,846

Total liabilities and equity				111,558,091			110,483,536

Summary of Detailed Information about Parent Company Condensed Statements of Cash Flows

Condensed Statements of Cash Flows


	Year ended December 31,
	2020			2021			2022
	RMB’000			RMB’000			RMB’000
Cash flows from operating activities
Cash used in operating activities		(98,869	)		(105,253	)		166,134

Net cash generated from/(used in) operating activities		(98,869	)		(105,253	)		166,134

Cash flows from investing activities
Capital contribution to consolidated entities		(1,898,193	)		(109,635	)		—
Payment for advances to consolidated entities		(9,456,072	)		(3,689,678	)		(160,000	)
Receipts of repayments of the advances and capital return from consolidated entities		2,374,680			7,249,502			12,450,046
Proceeds and interest from sale of investment assets		1,875			6,522			419,538
Payment for acquisition of investment assets		—			(383,798	)		(764,885	)

Net cash generated from/(used in) investing activities		(8,977,710	)		3,072,913			11,944,699

Cash flows from financing activities
Proceeds from issuance of shares and other equity securities		17,343,739			—			—
Proceeds from exercise of share-based payment		—			43,456			95,911
Proceeds from borrowings		—			319,535			134,228
Repayment of borrowings		(1,128,036	)		(369,929	)		(374,464	)
Repayment of convertible promissory note payable		—			—			(3,747,386	)
Payment for interest expenses		(1,034,617	)		(555,304	)		(621,246	)
Payment for dividend declared		—			—			(7,717,474	)
Payment for repurchase of ordinary shares		—			(6,438,455	)		—
Other financing activities		(4,745	)		(1,131	)		—

Net cash generated from/(used in) financing activities		15,176,341			(7,001,828	)		(12,230,431	)

Effect of exchange rate changes on cash and cash equivalents		(336,426	)		(62,027	)		(49,716	)

Net increase/(decrease) in cash and cash equivalents		5,763,336			(4,096,195	)		(169,314	)
Add: Cash and cash equivalents at the beginning of the year		146,475			5,909,811			1,813,616

Cash and cash equivalents at the end of the year		5,909,811			1,813,616			1,644,302