Consolidated Statement of Cash Flows
For the six-month period ended 30 June 2020
(Amounts in million)
(Amounts in million)
| Consolidated Statement of Cash Flows (Unaudited) | |||
|---|---|---|---|
| Six-month period ended 30 June | |||
| Notes | 2019 RMB |
2020 RMB |
|
| Net cash from operating activities | (a) | 53,027 | 65,286 |
| Cash flows used in investing activities | |||
Capital expenditure |
(32,863) | (31,118) | |
Purchase of investments |
(210) | (21) | |
Payments for right-of-use assets |
(89) | (82) | |
Proceeds from disposal of property, plant and equipment |
606 | 264 | |
Proceeds from disposal of right-of-use assets |
24 | 1 | |
Proceeds from disposal of investments |
— | 36 | |
Purchase of short-term bank deposits |
(1,481) | (2,712) | |
Maturity of short-term bank deposits |
4,788 | 3,988 | |
| Net cash used in investing activities | (29,225) | (29,644) | |
| Cash flows used in financing activities | |||
Repayments of principal of lease liabilities |
(3,862) | (4,964) | |
Proceeds from bank and other loans |
50,677 | 32,755 | |
Repayments of bank and other loans |
(69,742) | (62,320) | |
Contribution from non-controlling interests |
1,590 | — | |
Net deposits received by Finance Company |
(b) | 297 | 204 |
Increase in statutory reserve deposits placed by Finance Company |
(b) | (83) | (196) |
| Net cash used in financing activities | (21,123) | (34,521) | |
| Net increase in cash and cash equivalents | 2,679 | 1,121 | |
| Cash and cash equivalents at 1 January | 16,666 | 20,791 | |
| Effect of changes in foreign exchange rate | 11 | 31 | |
| Cash and cash equivalents at 30 June | 19,356 | 21,943 | |
For details of note (a) and (b), please refer to page 18 of interim report.
The notes on pages 19 to 39 form part of these interim financial statements.