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Investor Presentaiton

Appendix Unaudited Non-IFRS Financial Measure 2022 RMB Three Months Ended September 30 2023 Unaudited RMB Unaudited US$ Unaudited (in millions, except per share data) 1,093 1,263 ZE 2022 Nine Months Ended September 30 2023 RMB Unaudited RMB Unaudited US$ Unaudited (in millions, except per share data) 2,634 3,811 Profit for the period 173 522 Adjustments: Amortization of intangible and other assets arising from business acquisitions or combinations* 130 101 14 372 334 46 Share-based compensation 226 185 25 656 553 76 Gains from investments** (3) (0) (141) (30) (4) Income tax effects*** Non-IFRS Net Profit (38) (43) (6) (106) (123) (17) 1,411 1,503 206 3,415 4,545 623 Attributable to: Equity holders of the Company Non-controlling interests 1,379 1,408 193 3,307 4,348 596 32 95 13 108 197 27 Earnings per share for Class A and Class B ordinary shares Basic 0.43 0.45 0.06 1.03 1.39 0.19 Diluted 0.43 0.44 0.06 1.02 1.37 0.19 Earnings per ADS (2 Class A shares equal to 1 ADS) Basic 0.87 0.90 0.12 2.05 2.78 0.38 Diluted 0.86 0.89 0.12 2.03 2.74 0.38 Shares used in earnings per Class A and Class B ordinary share computation: Basic Diluted 3,176,110,236 3,206,799,580 3,134,975,498 3,173,371,472 3,134,975,498 3,173,371,472 3,224,870,392 3,255,991,564 3,127,809,736 3,172,090,075 3,127,809,736 3,172,090,075 ADS used in earnings per ADS computation Basic Diluted 1,588,055,118 1,603,399,790 1,567,487,749 1,586,685,736 1,567,487,749 1,586,685,736 1,612,435,196 1,627,995,782 1,563,904,868 1,586,045,038 1,563,904,868 1,586,045,038 * Represents the amortization of identifiable assets, including intangible assets such as domain name, trademark, copyrights, supplier resources, corporate customer relationships and non-compete agreement etc., and fair value adjustment on prepayments for music content (i.e., signed contracts obtained for the rights to access to the music contents for which the amount was amortized over the contract period), resulting from business acquisitions or combination. ** Including the net gains on deemed disposals/disposals of investments, fair value changes arising from investments, impairment provision of investments and other expenses in relation to equity transactions of investments *** Represents the income tax effects of Non-IFRS adjustments 19
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