TME - Tencent Music Entertainment Group

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Income statement
Balance sheet
Cash flow

Income statement

Annual
Currency in CNY. All numbers in thousands
Revenue31/12/201831/12/201731/12/2016
Total revenue1,89,85,0001,09,81,00043,61,000
Cost of revenue1,17,08,00071,71,00031,29,000
Gross profit72,77,00038,10,00012,32,000
Operating expenses
Research development---
Selling general and administrative39,72,00024,34,00011,48,000
Non-recurring---
Others-34,000-36,000-10,000
Total operating expenses1,56,46,00095,69,00042,67,000
Operating income or loss33,39,00014,12,00094,000
Income from continuing operations
Total other income/expenses net-13,36,0001,85,00020,000
Earnings before interest and taxes33,39,00014,12,00094,000
Interest expense---
Income before tax20,03,00015,97,0001,14,000
Income tax expense1,71,0002,78,00029,000
Minority interest51,0007,0009,000
Net income from continuing ops18,32,00013,19,00085,000
Non-recurring events
Discontinued operations---
Extraordinary items---
Effect of accounting changes---
Other items---
Net income
Net income18,33,00013,26,00082,000
Preferred stock and other adjustments---
Net income applicable to common shares18,33,00013,26,00082,000