v3.25.1
Loan facilities and lines of credit (Table)
12 Months Ended
Dec. 31, 2024
Lines of credit and loan facilities  
Schedule of long-term borrowings
As of December 31, 2024, the long-term borrowings, including the portion due within one year which were reco
r
ded in “short-term debts”, will be repaid according to the following schedule:
 
    
As of

December 31, 2024
 
    
(RMB in millions)
 
2025
      3,679  
2026
      2,736  
2027
      8,415  
2028
      9,415  
2029
      2,181  
2030 and thereafter
      8,958  
  
 
 
 
     35,384  
  
 
 
 
Schedule of debt
As of December 31, 2024, the Group’s loan facilities were classified into different types as follows:
 

 
  
As of December 31,
 
 
  
2023
 
  
2024
 
 
  
(RMB in millions)
 
Unsecured senior notes (Note 15)
  
 
10,411
 
 
  24,770  
Unsecured borrowings (*)
  
 
25,202
 
 
  24,699  
Secured borrowings (**)
  
 
11,387
 
 
  14,587  
  
 
 
    
 
 
 
Total
  
 
47,000
 
 
  64,056  
  
 
 
    
 
 
 
 
(*)
As of December 31, 2024, the unsecured borrowings mainly consisted of borrowings without collaterals under loan facility agreements from well-known financial institutions. The major unsecured borrowings are listed as below.