CITIC Limited Half-Year Report 2020

Income tax Income tax of the Group in the first half of 2020 was HK$8,635 million, a decrease of HK$1,389 million compared with the same period last year. This was consistent with the decrease in profit before taxation. Group Cash Flows CITIC Limited Half-year ended 30 June Including: CITIC Bank Half-year ended 30 June HK$ million 2020 2019 Increase/ (Decrease) % 2020 2019 Increase/ (Decrease) % Net cash generated from operating activities 73,458 11,770 61,688 524% 73,825 9,901 63,924 646% Net cash used in investing activities (126,219) (218,542) 92,323 42% (128,946) (220,123) 91,177 41% Including: Proceeds from disposal and redemption of financial investments 1,281,949 1,176,033 105,916 9.0% 1,260,315 1,157,176 103,139 8.9% Payments for purchase of financial investments (1,402,572) (1,389,100) (13,472) (1.0%) (1,388,549) (1,376,692) (11,857) (0.9%) Net cash (used in)/generated from financing activities (24,929) 8,772 (33,701) (384%) (27,041) 49,253 (76,294) (155%) Including: Proceeds from new bank and other loans and new debt instruments issued 365,560 342,627 22,933 6.7% 291,462 306,889 (15,427) (5.0%) Repayment of bank and other loans and debt instruments issued (364,030) (304,289) (59,741) (20%) (303,528) (243,549) (59,979) (25%) Interest paid on bank and other loans and debt instruments issued (18,754) (18,609) (145) (0.8%) (12,951) (12,478) (473) (3.8%) Dividends paid to ordinary shareholders – (7,471) 7,471 100% – – – – Dividends paid to non-controlling interests (1,210) (1,011) (199) (20%) (226) (321) 95 30% Net decrease in cash and cash equivalents (77,690) (198,000) 120,310 61% (82,162) (160,969) 78,807 49% Cash and cash equivalents at 1 January 463,038 522,808 (59,770) (11%) 382,291 429,136 (46,845) (11%) Effect of exchange changes (5,290) 1,667 (6,957) (417%) (4,047) 1,293 (5,340) (413%) Cash and cash equivalents at 30 June 380,058 326,475 53,583 16% 296,082 269,460 26,622 9.9% 15 Half-Year Report 2020 CITIC Limited