Consolidated Statement of Financial Position

As at 31 December 2022
(Expressed in millions of Renminbi, unless otherwise stated)


	Note	31 December 2023	31 December 2022 (Restated)	1 January 2022 (Restated)
Assets
Cash and deposits	19	625,135	677,327	589,570
Cash held on behalf of customers	20	239,019	245,723	–
Placements with banks and non-bank financial institutions	21	237,742	217,354	142,061
Derivative financial instruments	22	77,562	80,867	22,858
Trade and other receivables	23	254,452	211,392	141,482
Contract assets	24	24,312	20,728	11,474
Inventories	25	135,142	109,050	92,718
Financial assets held under resale agreements	26	164,983	45,713	91,757
Loans and advances to customers and other parties	27	5,380,140	5,042,734	4,749,680
Margin accounts	28	118,746	106,976	–
Investments in financial assets	29	3,356,367	3,143,196	2,376,651
– Financial assets at amortised cost		1,076,039	1,124,596	1,173,929
– Financial assets at fair value through profit or loss		1,292,115	1,135,886	545,508
– Debt investments at fair value through other comprehensive income		967,803	873,367	648,511
– Equity investments at fair value through other comprehensive income		20,410	9,347	8,703
Refundable deposits	30	62,182	69,158	–
Interests in associates	32	109,791	104,464	126,140
Interests in joint ventures	33	56,787	60,464	52,189
Fixed assets	34	210,719	159,803	144,965
Investment properties	34	38,153	35,407	32,709
Right-of-use assets		51,424	41,220	31,480
Intangible assets		22,537	16,718	15,047
Goodwill	35	26,076	25,623	17,652
Deferred tax assets	36	83,327	88,830	67,560
Other assets		56,324	39,296	38,173
Total assets		11,330,920	10,542,043	8,744,166


	Note	31 December 2023	31 December 2022 (Restated)	1 January 2022 (Restated)
Liabilities
Borrowing from central banks		273,226	119,421	189,257
Deposits from banks and non-bank financial institutions	37	893,565	1,103,099	1,162,895
Placements from banks and non-bank financial institutions	38	150,493	108,736	88,136
Financial liabilities at fair value through profit or loss	39	88,552	94,845	4,648
Customer brokerage deposits	40	282,534	279,001	–
Funds payable to securities issuers		35	15,254	–
Derivative financial instruments	22	73,755	72,393	24,563
Trade and other payables	41	391,948	379,948	153,083
Contract liabilities	24	31,482	29,596	27,380
Financial assets sold under repurchase agreements	42	744,571	470,477	100,117
Deposits from customers	43	5,459,993	5,150,772	4,785,168
Employee benefits payables		56,933	54,998	31,574
Income tax payable	36	9,234	15,727	13,232
Bank and other loans	44	235,770	156,709	121,014
Debt instruments issued	45	1,221,107	1,182,140	1,022,266
Lease liabilities		20,348	19,528	16,975
Provisions	46	16,130	17,410	20,361
Deferred tax liabilities	36	16,747	18,153	11,839
Other liabilities		27,715	19,159	15,462
Total liabilities		9,994,138	9,307,366	7,787,970
Equity	47
Share capital		307,576	307,576	307,576
Reserves		395,602	352,533	309,674
Total ordinary shareholders’ funds		703,178	660,109	617,250
Non-controlling interests		633,604	574,568	338,946
Total equity		1,336,782	1,234,677	956,196
Total liabilities and equity		11,330,920	10,542,043	8,744,166

Approved and authorised for issue by the board of directors on 28 March 2024.

Director: Xi Guohua

Director: Zhang Wenwu

The notes form part of these consolidated financial statements.