UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the six months ended 30 June 2026
(All amounts in RMB millions)
(All amounts in RMB millions)
Six months ended 30 June
| 2025 | 2026 | ||
| Cash flows from operating activities | |||
| Cash generated from operations | 32,149 | 34,668 | |
| Income tax paid | (3,147) | (1,725) | |
| Net cash inflow from operating activities | 29,002 | 32,943 | |
| Cash flows from investing activities | |||
| Purchase of property, plant and equipment, right-of-use assets and other assets | (29,916) | (27,976) | |
| Other cash flows arising from investing activities | 1,945 | 5,799 | |
| Net cash outflow from investing activities | (27,971) | (22,177) | |
| Cash flows from financing activities | |||
| Capital element of lease rentals paid | (6,533) | (6,163) | |
| Dividends paid to equity shareholders of the Company | (4,779) | (4,066) | |
| Other cash flows arising from financing activities | 1,799 | 3,116 | |
| Net cash outflow from financing activities | (9,513) | (7,113) | |
| Net increase (decrease) in cash and cash equivalents | (8,482) | 3,653 | |
| Cash and cash equivalents, beginning of period | 28,480 | 25,109 | |
| Effect of changes in foreign exchange rate | 32 | (190) | |
| Cash and cash equivalents, end of period | 20,030 | 28,572 |
The notes on pages 16 to 40 are an integral part of these unaudited condensed consolidated interim financial statements.
