CONSOLIDATED STATEMENT

OF COMPREHENSIVE INCOME

For the year ended 31 December 2024
(All amounts in RMB millions)

Year ended 31 December

2024

2023

Profit for the year

20,733

18,922

Other comprehensive income

Items that will not be reclassified to statement of income:

Changes in fair value of financial assets measured at fair value through other comprehensive income (“FVOCI”) (non-recycling)

165

195

Tax effect on changes in fair value of financial assets measured at FVOCI (non-recycling)

(7)

(4)

Changes in fair value of financial assets measured at FVOCI, net of tax (non-recycling)

158

191

Others

(33)

(5)

125

186

Items that may be reclassified subsequently to statement of income:

Changes in fair value of financial assets measured at FVOCI, net of tax (recycling)

14

43

Share of other comprehensive income of associates

2

Currency translation differences

124

88

138

133

Other comprehensive income for the year, net of tax

263

319

Total comprehensive income for the year

20,996

19,241

Total comprehensive income attributable to:

Equity shareholders of the Company

20,875

19,038

Non-controlling interests

121

203

Total comprehensive income for the year

20,996

19,241

The notes on pages 102 to 209 are an integral part of these consolidated financial statements.