Annual Financial Review

AUDITED CONSOLIDATED STATEMENT OF FINANCIAL POSITION OF HKT TRUST AND OF HKT LIMITED (CONTINUED) As at December 31, 2021 (In HK$ million) Current liabilities Short-term borrowings Trade payables Accruals and other payables Derivative financial instruments Carrier licence fee liabilities Amount due to a fellow subsidiary Amount due to a related company Advances from customers Contract liabilities Lease liabilities Current income tax liabilities As at December 31, As at December 31, Note 2020 2021 (1,552) (61) 10 (3,945) (5,250) (4,084) (4,221) (24) (215) (315) (1,585) (1,962) (42) (65) (247) (270) (1,423) (1,513) (1,251) (1,023) (1,001) (1,523) (15,369) (16,203) Non-current liabilities Long-term borrowings (40,719) (43,628) Derivative financial instruments (128) (128) Deferred income tax liabilities (4,253) (4,674) Carrier licence fee liabilities (627) (3,449) Contract liabilities Lease liabilities Other long-term liabilities (1,074) (1,159) (1,458) (1,162) (1,643) (2,012) (49,902) (56,212) 37,900 37,197 Net assets CAPITAL AND RESERVES Share capital Reserves 8 37,830 8 37,133 Equity attributable to holders of Share Stapled Units/shares of the Company 37,838 37,141 Non-controlling interests 62 56 Total equity 37,900 37,197 20 20

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