Consolidated Statement of Cash Flows
For the six-month period ended 30 June 2020
(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.