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)