Total equity 57,202 65,229 9,295
-------------------- ------------ ------------
LIABILITIES
Non-current
liabilities
Notes payables 5,636 3,481 496
Deferred tax
liabilities 239 234 33
Lease liabilities 297 235 33
Deferred revenue 148 163 23
-------------------- ------------ ------------
6,320 4,113 586
Current liabilities
Accounts payable 5,006 6,523 930
Other payables and
other liabilities 3,472 2,786 397
Notes payables - 2,099 299
Current tax
liabilities 567 823 117
Lease liabilities 115 109 16
Deferred revenue 2,854 2,931 418
-------------------- ------------ ------------
12,014 15,271 2,176
Total liabilities 18,334 19,384 2,762
-------------------- ------------ ------------
Total equity and
liabilities 75,536 84,613 12,057
==================== ============ ============
TENCENT MUSIC ENTERTAINMENT GROUP
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Three Months Ended September 30 Nine Months Ended September 30
---------------------------------- ----------------------------------
2023 2024 2023 2024
RMB RMB US$ RMB RMB US$
---------- ---------- ---------- ---------- ---------- ----------
Unaudited Unaudited Unaudited Unaudited Unaudited Unaudited
(in millions) (in millions)
Net cash provided by
operating
activities 1,441 2,165 309 5,360 7,795 1,111
Net cash used in
investing
activities (1,142) (3,337) (476) (1,670) (8,142) (1,160)
Net cash used in
financing
activities (849) (882) (126) (962) (3,015) (430)
---------- ---------- ---------- ---------- ----------
Net
(decrease)/increase
in cash and cash
equivalents (550) (2,054) (293) 2,728 (3,362) (479)
----------
Cash and cash
equivalents at
beginning of the
period 12,950 12,251 1,746 9,555 13,567 1,933
---------- ---------- ---------- ---------- ----------
Exchange differences
on cash and cash
equivalents (19) 12 2 98 4 1
----------
Cash and cash
equivalents at end
of the period 12,381 10,209 1,455 12,381 10,209 1,455
========== ========== ========== ========== ========== ==========
View original content:https://www.prnewswire.com/news-releases/tencent-music-entertainment-group-announces-third-quarter-2024-unaudited-financial-results-302302181.html
SOURCE Tencent Music Entertainment Group
(END) Dow Jones Newswires
November 12, 2024 04:00 ET (09:00 GMT)
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