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Results

Six months ended 30th June Note 2022
HK$M
2021
HK$M
Change
in %
Revenue 6,698 9,068 -26%
Profit attributable to the Company’s shareholders  
Underlying (a), (b) 4,140 4,513 -8%
Recurring underlying (b) 3,643 3,716 -2%
Reported 4,319 1,984 +118%
Cash generated from operations 3,933 6,673 -41%
Net cash (outflow)/inflow before financing (1,939) 1,231 n.a.

HK$

HK$
Earnings per share  
Underlying (c), (d) 0.71 0.77 -8%
Recurring underlying (c), (d) 0.62 0.64 -2%
Reported (c), (d) 0.74 0.34 +118%
Dividends per share  
First interim 0.32 0.31 +3%

Financial Position

Financial Position Note 30th June
2022
HK$M
31st December
2021
HK$M
Change
in %
Total equity (including non-controlling interests) 293,236 294,158 0%
Net debt 15,499 10,334 +50%
Gearing ratio (a) 5.3% 3.5% +1.8%pt.

HK$

HK$
Equity attributable to the Company's shareholders per share (a) 49.61 49.94 -1%
(a) Refer to glossary on page 67 for definition.
(b) A reconciliation between reported profit and underlying profit attributable to the Company’s shareholders is provided on page 10.
(c) Refer to note 11 in the financial statements for the weighted average number of shares.
(d) The percentage change is the same as the corresponding percentage change in profit attributable to the Company’s shareholders.

Underlying profit / (loss) by segment

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