Consolidated Statement of Cash Flows
For the year ended 31 December 2020
(Amounts in millions)
Consolidated Statement of Cash Flows
  Notes 2019
Net cash from operating activities (a) 112,600 132,260
Cash flows used in investing activities
Capital expenditure
(82,853) (88,748)
Purchase of investments
(478) (74)
Payments for right-of-use assets
(310) (220)
Proceeds from disposal of property, plant and equipment
2,514 863
Proceeds from disposal of right-of-use assets
115 24
Proceeds from disposal of investments
296 47
Purchase of short-term bank deposits
(5,119) (4,664)
Maturity of short-term bank deposits
8,621 5,695
Net cash used in investing activities (77,214) (87,077)
Cash flows used in financing activities
Repayments of principal of lease liabilities
(10,699) (12,738)
Proceeds from bank and other loans
103,315 81,049
Repayments of bank and other loans
(120,107) (106,982)
Payment of dividends
(8,891) (9,262)
Distribution to non-controlling interests
(181) (42)
Payment for the acquisition of non-controlling interests
(8) (1)
Contribution from non-controlling interests
Advanced payment received in respect of contribution from non-controlling interest
Net deposits with Finance Company
(b) 4,098 5,728
Increase in statutory reserve deposits placed by Finance Company
(b) (405) (837)
Net cash used in financing activities (31,288) (42,107)
Net increase in cash and cash equivalents 4,098 3,076
Cash and cash equivalents at 1 January 16,666 20,791
Effect of changes in foreign exchange rate 27 (183)
Cash and cash equivalents at 31 December 20,791 23,684

For details of note (a) and (b), please refer to page 170 of annual report.

The notes on pages 171 to 244 form part of these consolidated financial statements.

Cookies and Privacy Policy

We use cookies to enhance your experience on our Website. By continuing to use this Website, you agree to the use of these cookies. For more information on how we use cookies, and to learn how you can change your cookie settings, please read our Privacy Policy.

Accept and close