CITIC Limited Half-Year Report 2019

57 CITIC Limited Half-Year Report 2019 For the six months ended 30 June 2019 10 Income tax expense Six months ended 30 June 2019 2018 HK$ million HK$ million Current tax – Mainland China Provision for enterprise income tax 12,785 9,756 Land appreciation tax 9 141 12,794 9,897 Current tax – Hong Kong Provision for Hong Kong profits tax 615 1,017 Current tax – Overseas Provision for the period 136 71 13,545 10,985 Deferred tax Origination and reversal of temporary differences (3,521) 812 10,024 11,797 The particulars of the applicable income tax rates are disclosed in Note 4. 11 Dividends Six months ended 30 June 2019 2018 HK$ million HK$ million 2018 Final dividend paid: HK$0.26 (2017 Final: HK$0.25) per share 7,563 7,273 2019 Interim dividend proposed: HK$0.18 (2018 Interim: HK$0.15) per share 5,236 4,364 Notes to the Consolidated Financial Statements