Note to Consolidated Statements of Cash flows (Tables)

12 Months Ended

Dec. 31, 2024

Note to Consolidated Statements of Cash flows [Abstract]

Disclosure of Reconciliation From Profit Before Income Tax to Cash Used In Operating Activities

(a)	Reconciliation from profit before income tax expenses to cash generated from operating activities:


		For the year ended December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Profit/(loss) before income tax			12,045,862				1,588,465				(2,078,685	)
Adjustments for:
Depreciation of property and equipment			181,601				185,222				104,439
Depreciation of right-of-use assets			591,201				427,358				283,645
Amortization of intangible assets			15,325				11,022				39,766
Share of losses of associates and joint ventures			218				5,416				691
Net gains on sales of property and equipment, and intangible assets			24,832				21,994				84,666
Net unrealized losses on financial assets at fair value through profit or loss			132,875				525,003				1,583,149
Non-cash employee benefits expense-share based payment			45,162				(36,204	)			(18,119	)
Asset impairment losses			427,108				31,246				—
Credit impairment losses			11,917,933				5,596,942				7,638,072
Finance cost classified as financing activities			2,481,059				1,764,472				1,114,753
Investment income classified as investing activities			(645,693	)			(604,979	)			(537,329	)
Foreign exchange losses/(gains)			877,232				(75,714	)			190,800

			28,094,715				9,440,243				8,405,848

Change in operating assets and liabilities, net of effects from purchase of controlled entity:
Decrease in loans to customers and accounts and other receivables			6,326,843				103,902,273				17,856,581
Decrease in accounts and other payables			(19,173,561	)			(97,868,864	)			(22,107,429	)

			15,247,997				15,473,652				4,155,000

Disclosure of Net Increase in Cash and Cash Equivalents

(b)	Net increase in cash and cash equivalents


		For the year ended December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Cash and cash equivalents at the end of the year			29,594,654				18,577,225				11,798,435
Less: Cash and cash equivalents at the beginning of the year			(26,522,110	)			(29,594,654	)			(18,577,225	)

Net increase/(decrease) in cash and cash equivalents			3,072,544				(11,017,429	)			(6,778,790	)

Disclosure of Cash and Cash Equivalents

(c)	Cash and cash equivalents


		December 31,				December 31,				December 31,
		2022				2023				2024
		RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)
Cash at bank (Note 16)			43,939,270				39,695,914				29,903,846
Less: Time deposits with original maturities of more than 3 months			(14,346,731	)			(21,122,482	)			(18,108,539	)
Add: Provision for impairment losses			2,115				3,793				3,128

Cash and cash equivalents at the end of the year			29,594,654				18,577,225				11,798,435

Disclosure of Movements in Net Debt

(d)	Net debt reconciliation

This section sets out an analysis of net debt and the movements in net debt for each of the years ended December 31, 2022, 2023 and 2024.


		Borrowings				Bonds payable				Convertible promissory notes payable				Lease liabilities				Optionally convertible promissory notes				Total
		RMB’000				RMB’000				RMB’000				RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)								(Restated)								(Restated)
As of January 1, 2022			25,927,417				—				10,669,498				811,248				7,405,103				44,813,266

Cash flows			8,795,125				2,010,782				(3,863,265	)			(617,800	)			(493,134	)			5,831,708
Redemption of convertible promissory notes			—				—				(3,697,127	)			—				—				(3,697,127	)
Acquisitions-leases			—				—				—				600,760				—				600,760
Disposals-leases			—				—				—				(75,850	)			—				(75,850	)
Foreign exchange adjustments			817,311				75,299				1,009,422				—				709,192				2,611,224
Accrued expense			1,375,660				57,267				1,045,611				42,268				521,747				3,042,553

As of December 31, 2022			36,915,513				2,143,348				5,164,139				760,626				8,142,908				53,126,534

Cash flows			349,881				(2,298,222	)			(50,900	)			(486,942	)			(8,840,294	)			(11,326,477	)
Acquisitions-leases			—				—				—				273,778				—				273,778
Disposals-leases			—				—				—				(170,878	)			—				(170,878	)
Foreign exchange adjustments			15,441				79,167				89,012				—				290,131				473,751
Accrued expense			1,542,449				75,707				448,017				27,934				407,255				2,501,362

As of December 31, 2023			38,823,284				—				5,650,268				404,518				—				44,878,070

Cash flows			10,360,632				—				(51,180	)			(289,615	)			—				10,019,837
Acquisition of subsidiaries			—				—				—				8,612				—				8,612
Acquisitions-leases			—				—				—				217,279				—				217,279
Disposals-leases			—				—				—				(53,727	)			—				(53,727	)
Foreign exchange adjustments			253,081				—				88,231				—				—				341,312
Accrued expense			1,677,578				—				486,731				15,800				—				2,180,109

As of December 31, 2024			51,114,575				—				6,174,050				302,867				—				57,591,492