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1

2

3

4 ,

5 40,

6 ARC Galaxy Awards 10, % 9% AA 4

7 2010 CEI Asia Industry Awards 2010 ISO/IEC Mercury Awards 13.44% % 22% 30% 2010 One LaSalle

8 , , , , , , , , , , , , % 8% 15% 11% 13% 9% 51% 51% 6 新創建集團有限公司

9 6 30 3,000 2,500 2,000 1,500 1, ,000 2,500 2,000 1,500 1, * (10) * 2010 年年報 7

10 52.86% %

11 22%30% ,

12 10

13 Cheng Yu Tung Family (Holdings) Limited Centennial Success Limited Mombasa Limited

14 AIG Asian Infrastructure Fund II International Finance Corporation AEI BAA Airports Limited Hanaro Telecom

15 PineBridge Investment Group PineBridge PineBridge Capital Partners Inc. PineBridge PineBridge PineBridge 47PineBridge PineBridge DBS Group Holdings Limited Temasek Foundation CLG Limited

16

17 A.1.9 A.1.1 A.1.8 A.1.10 A.2.4 A.2.6 A.2.9 A.2.8 A.3.3 A.4.3 A.5.5 A.5.7 D

18

19 /5 2/2 1 0/5 0/1 0/2 5/5 1/1 2/2 2/2 5/5 2/2 5/5 3/3 1/1 2/2 2/2 2 5/5 2/2 5/5 2/2 2/2 5/5 2/2 5/5 1/2 5/5 2/ /5 0/2 5/5 3/3 2/2 0/2 5/5 3/3 1/1 2/2 5/5 3/3 1/1 0/2 5/5 3/3 1/1 0/

20 C

21

22

23

24

25 , ,990 1,

26

27

28 ,283,317, % 0.62% 59,831, % 0.12% 33,793, % 1.24% 14,956, % 94.07% 787,028, % 3.95% 2,178,927, % %

29 659 1, % % % % % %

30 28

31

32 1 st , ,000 30

33

34 ,000 2, ,

35

36 2007 ISO IC 1, LED

37 8% 30 8% ISO U Green Awards ,000 Facebook CS4Schools

38

39 2010

40 % % % % , , , , , , (37.8) (10.0) (226.4) (30.5) (4.8) (110.9) (214.1) (15.3) (41.2) (300.3) (302.8) 1,168.7 (8.3) 4, , % % 35% 8%200945% 12% %

41 % 84% % 73% , , a) (b) (c) (d) (e) (f) (g) (h)

42 2010 4% (34) (7) 1,600 1,200 1, , ,520.1 (4) 1, % % % 19% %

43 15% % % % % % , %

44 % 23% 15% % % % 6.72% % % % % % % % % ,000 1,400

45 22% % % % %

46 % , , % ,500 1, ,185 1, ,

47 %

48 % % Tricor Holdings Limited Tricor ,434, % % % 2009 Tricor % % % % 46

49 %

50

51 (i) (ii)

52 , % 50

53 NWS Service Management LimitedNWSSM NWSSM (i) NWS Facility Services Limited Building Material Supplies Limited Clever Basis Limited New World Risk Management (L) Limited NWS International Insurance Limited (ii) Elite Master Holdings Limited Waihong Cleaning Limited 90% 10%

54 East Asia Secretaries (BVI) East Asia Secretaries (BVI) Limited Limited AEI 52

55 XV (a) ,179,199 8,000,000 (1) 17,179, % 2,006,566 9,130,000 (2) 11,136, % 120, , % 1,400,000 1,400, % 991,191 5,072 (3) 996, % 980, , % 66,369 (4) 66, % 482, , % 608, , % 824, , % ,000 (5) 300, % 1,000,000 (2) 1,000, % 100, , % 62,200 62, % 20,000 (6) 20, % 30,000 30, % ,750,000 2,925,000 (5) 78,406,800 (1) 100,081, % 13,125,000 52,258,400 (2) 65,383, % 270, , % 75,000 (6) 1,245,000 (4) 1,320, % 106, , % 83,600 83, % , , % ,585,070 (1) 420,585, %

56 (a) Building Material Supplies Limited (7) % Clever Basis Limited (7) % Elite Master Holdings Limited (7) % New World Risk Management (L) Limited ,000 (7) 120, % NWS Facility Services Limited (7) % NWS International Insurance Limited ,000 (7) 500, % ,000,000 (7) 50,000, % Waihong Cleaning Limited (7) % (1) (2) (3) (4) (5) (6) (7) 90% 54

57 (b) (i) (2) (2) (1) 3,001,277 25,551 3,026, (1) 2,000,851 17,034 2,017, (3) (1) 2,000,851 4,401 (2,005,252) (1) 1,500,638 12,775 1,513, (1) 1,500,638 12,775 1,513, (1) 1,500,638 12,775 1,513, (1) 1,500,638 12,775 1,513, (1) 1,500,638 12,775 1,513, (1) 300,127 2, , (1) 300,127 2, , (1) 300,127 2, , (1) 600,255 5, , (1) 600,255 5, , (1) 600,255 5, , (1) 40% % (2) (3) (4)

58 (b) (ii) ,710,652 36,710, (iii) (3) (3) (1) 2,000, ,806 2,238, (2) 1,600, ,045 1,791, (1) 800,000 95, , (2) 650,000 77, , (1) 300,000 35, , (2) 300,000 35,821 (83,600) 252, (1) (2) (3) (4) 10 56

59 (b) (iv) (1) 1,000,000 1,000, (1) % (2) 1 (v) , , XVXV

60 (a) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) 58

61 (a) 72,518, ,755, % 12 1%

62 (a) (i) (ii) (2) (2) (1) 11,901,044 97,052 (596,122) 11,401, (1) 700,295 5, , (1) 40% % (2) (3) 10 (b) %

63 (b) % 10%10% 30% ,884, % 12 1% %

64 (b) (i) (ii) (iii) (1) 26,692,988 (2,643,383) 24,049, (1) (2) 1 62

65 % Cheng Yu Tung Family (Holdings) Limited 1,343,149,031 (1) 1,343,149, % Centennial Success Limited 1,343,149,031 (2) 1,343,149, % 59,831,893 1,283,317,138 (3) 1,343,149, % 849,019, ,297,245 (4) 1,283,317, % Mombasa Limited 385,471, ,471, % (1) Cheng Yu Tung Family (Holdings) Limited Centennial Success LimitedCSL51% CSL (2) CSL (3) (4) Mombasa Limited Mombasa Limited Financial Concepts Investment Limited 1,986,513 Hing Loong Limited 16,672,555 Fine Reputation Incorporated 16,672,555 New World Hotels Corporation Limited 13,493,674 (5) %

66 (1) A B C D A B C D A.35(2) % 510 (2)

67 (2) , , , , , , , , (3) (i) (ii) 56.37% 37.02% 14A A

68 (3) A.45 14A , , ,

69 (4) (a) (b) Great City Developments LimitedGCDL GCDL ,900 2, (a) 2% (b) (a) 6% 1, % GCDL 50% GCDL

70 (4) (a) % 8,100 9,200 (b) ,035 4,585 30% 50% (5) % 55% % 55% 45% % 25%

71 (6) % 57.9% 39.9% (7) NWSSM NWSSM NWS Facility Services Limited Building Material Supplies Limited Clever Basis Limited New World Risk Management (L) Limited NWS International Insurance Limited %4,459 NWSSM NWSSM Elite Master Holdings Limited Waihong Cleaning Limited %4,426 70% NWSSM NWSSM4010NWSSM 40 NWSSM NWSSM 1/12%

72 (7) 90% 10% 14 14A ,700 (8) 30% (1) (3) (a) (b) (c) (d) (e) 70

73 14A (1) (3) (a) (b) (c) (1) 10.7% , , , , ,074.9 (12,651.0) (5,627.6) (10,488.4) (4,565.3) 28, ,

74

75 (852) (852)

76 , ,250.9 (10,111.7) (15,407.3) 1, , (1,145.7) (1,202.1) 9 1, , (114.4) (224.3) (63.5) 2, , , , (332.2) (162.9) 4, , , , , , , ,

77 , , (248.4) (7.2) (9.4) 6.0 (8.2) (5.8) (10.0) (6.7) (210.4) , , , , , ,

78 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

79 , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

80 , , , , , , , , , , (248.4) (248.4) (248.4) (7.2) (7.2) (7.2) (5.8) (5.8) (5.8) (10.5) (10.5) 0.5 (10.0) 4,011.7 (212.3) 3, ,871.6 (2,178.9) (2,178.9) (2,178.9) (59.7) (59.7) , , , (b) 30.9 (28.5) 2.4 (826.2) (823.8) (5.4) (5.4) (43.9) , , , , , ,

81 , , , , , , , , , , (1.9) (9.4) (9.4) (9.4) (8.2) (8.2) (8.2) (7.0) (7.0) 0.3 (6.7) 2, , ,971.1 (1,232.4) (1,232.4) (1,232.4) (92.1) (92.1) (4.7) (4.7) (4.7) (42.2) (42.2) (42.2) (b) (20.2) (20.2) (21.3) (41.5) (121.3) (121.3) 0.6 (2.3) , , , , , , ,

82 (a) 1, ,388.5 (78.1) (214.2) (94.5) (166.0) (106.6) (70.3) 2, , , , (c) 1, (12.8) (750.1) (51.6) (176.8) 1,087.2 (343.5) (630.7) (1,612.0) (196.9) (475.0) , , , ,464.3 (3,262.1) (5,092.3) 1.9 (46.9) (20.3) (807.6) (965.1) (59.7) (78.8) (2,601.6) (2,737.2) , , , , , , ,205.1 (32.7) 32(a) , ,

83 1 Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda (a) (b) 7 32(a)

84 82 2 (a) (2008)

85 2 (a)

86 2 (b) (2009) (2010) 3 (a) 6 30 (i) 84

87 3 (a) (i) (ii)

88 3 (a) (iii) (1) (2) (3) 86

89 3 (b) (c) (i) (ii) (iii)

90 3 (c) (iv) (d) (i) (ii) (iii) 88

91 3 (d) (iv) (v) (vi) (vii) (viii) (ix)

92 3 (e) (i) (ii) (f) (g) 90

93 3 (h) (i) (ii) 2.5% 3% 2.25% 15% 4% 50% (iii) (i)

94 3 (j) (k) (i) (ii) 123(m) (iii) 12 (iv) 12 92

95 3 (k) (l) (m)

96 3 (n) (o) (p) (q) (r) (s) 94

97 3 (t) (u) (v) (w)

98 3 (x) (i) (ii) (iii) (a) (b) (c) 96

99 3 (y) (i) (ii) (iii) (iv) 10% (v)

100 3 (z) 3(w) 12 (aa) (ab) (ac) 98

101 4 (a) (i) , , (ii)

102 4 (a) (ii) % 5, , (iii) % , % , (b) 26(a) 100

103 4 (c) , , , , , , , , , , , , , , , , , , , , , , , , ,

104 4 (c) , , , , , , , , , , , ,026.0 (d) 50% 102

105 4 (d) (4,890.3) (8,806.0) 31 5, , (3,600.9) 1, (1,955.9) 26, , % 8% (e) (i) (ii) (iii)

106 4 (e) (iv) , , , , (101.8) (62.3) (1.3)

107 5 (a) (b) % 8, ,

108 5 (c) (d) 21(a) 3(m) (e) 106

109 5 (f) (g) , , , , , ,250.9 (i)(ii) (iii) (iv) (v) (vi)

110 6 (a) , , ,665.7 (102.5) (458.6) (15.6) (576.7) , , , , (b) (i) 1,581.8 (b) , (ii) (226.4) (30.5) 22.7 (110.9) (15.3) (300.3) 4,011.7 (i) (ii)

111 6 (a) (6.0) (6.0) , , , , , , , , , , , , , ,717.1(i) 15, , , , , , , , , , , , , , ,228.8 (i)

112 6 (a) , , ,128.3 (97.9) (767.7) (11.8) (877.4) , , , (31.4) (b) (i) 1,600.2 (b) , (37.8) (ii) (10.0) (4.8) (214.1) (41.2) (302.8) 2,528.8 (i) (ii)

113 6 (a) (6.1) (6.1) , , , , , , , , , , , , , , ,516.1 (i) 14, , , , , , , , , , , , , , , ,019.2 (i)

114 6 (b) , , (173.7) (4.7) (5.6) (51.3) (157.6) (63.5) 2, ,780.6 (c) , , , , , , , , , , , ,

115 (17.3) 2(a) % 52.86% 9% , , , ,

116 (71.0) 4.1 (19.4) (12.0) (226.4) (30.5) (10.2) (145.5) (11.5) (11.5) , , , , , ,

117 , , (a) (b)(ii) (0.3) (3.1) 2, ,816.6 (304.0) (248.7) 9 2, , % % 9% 25% 20099% 25% (5.3) , ,

118 , ,743.6 (485.0) 63.5 (2,122.0) (1,780.6) 1, , % % (4.3) (6.6) (13.9) (5.0) (162.1) (139.1) (23.9) (28.1) (30.0) , , ,

119 , , ,093,228,132 2,056,499,872 21,972 2,093,228,132 2,056,521, (a) (b)

120 16 (a) # ** # # # * * * # * ** 1,

121 16 (b) # # # # * * * # * ,000,001 13,500,

122 , , (a),18, (12.0) 2, , , , , , (b) , , , ,

123 , , (10.9) (60.9) (71.8) (0.6) 44(b) (3.1) (348.8) (351.9) 32(a) (103.5) (321.3) (424.8) 2(a),17 (313.5) (313.5) , , , , (6.5) (36.3) (42.8) (0.5) 44(b) (1.0) (232.0) (233.0) 32(a) (21.1) (251.9) (273.0)

124 , , (0.7) (6.0) (101.8) (108.5) (1.5) 44(b) (37.3) (37.3) , , , , (0.2) (3.2) (95.3) (98.7) (1.5) 44(b) (19.8) (19.8) , ,

125 (20.4) (2.8) 2(a),17 (648.2) 32(a) (94.4) (3.0) (1.4) 2(a),17 (26.0) 32(a) (42.0)

126 , ,885.6 (193.1) 44(b) (186.6) 1, , (58.8) 44(b) (70.7)

127 , (b) (65.1) (162.8) (227.9) (a) (b) (22.8) (22.8) , (b) (1.7) (1.7) , ,

128 21 (a) 0% 2.2% % 7.55% , (b) (c)

129 , , (a) 1, (b) 3, , , , (c) , ,162.8 (a) (b) (c) (d) (e) (a)(ii) % ,

130 23 (f) (63.5) 4, , , (1,515.0) (956.1) (595.7) (697.0) 4, , , , ,275.1 (a) , , , , (a) , , , , (a) 1, , ,715.0 (b) 1, , ,

131 24 (a) (i) 14.2 (ii) , , , ,265.7 (i) % (ii) (b) (c) (d) (e) (f) , , , , , , , ,666.4 (5,595.0) (5,952.2) (4,893.9) (4,437.0) 12, ,

132 , , , , ,

133 (a) (b)(i) (b) (c) , (a) (38.6) (77.7) % (b) (c)

134 (a) , , (a) (b) 1, , , (c) (c) (c) 11, , , , , ,513.4 (a) (i) 2, , ,963.9 (i)

135 28 (a) , , % %

136 28 (a) , (0.1) (2.1) (3.4) (104.4) (15.7) (b) (c)

137

138 , , , , , , , , , , % % , , , , , , , , (a) 1, , (a) (1,294.4) 136

139 32 (a) (a)(b)(c) (d) (e) (f) (g)(h) , ,071.2 (370.4) 1, (1.5) (25.0) (1,478.8) (32.3) (0.1) (1,537.7) (1,294.4)

140 , ,053.4 (29,196.2) (38,459.1) (246.4) (405.7) (335.0) (591.3) (246.4) (405.7) ,400,000,000 2, ,600,000,000 1, ,000,000,000 4, ,057,626,809 2, , ,078, (4,712,000) (4.7) ,071,307,860 2, ,620, ,178,927,883 2,

141 34 (a) %1,780,759, ,808,654 31,117, (314,128) (2,601,374) (994,350) (a)(ii) 236, ,444,140 29,808, (i) ,694,000700, (ii)

142 34 (a) ,335,913 17,207,315 60% 40% ,401,974 11,901,044 60% 40% 26,737,887 29,108, , ,295 60% 40% (b) (c) 140

143 , , , , , ,011.7 (2,178.9) (2,178.9) (105.1) (105.1) (29.2) (29.2) (219.2) (219.2) (0.2) 2.7 (9.7) (7.2) 44(b) (30.9) (3.6) (3.6) (23.0) (23.0) 1, , (0.8) (43.9) (5.8) (5.8) , , , , , , , , , , , ,

144 , (139.8) 1, , , , ,528.8 (1,232.4) (1,232.4) (24.5) (24.5) (0.3) 3.5 (12.6) (9.4) 44(b) (20.2) (20.2) (3.0) (3.0) (4.9) (4.9) (42.2) (42.2) (1.4) (1.4) (8.2) (8.2) (2.3) , , , , , , , , , , , ,

145 , , , , , , ,373.3 (2,178.9) (2,178.9) (8.3) , , , , , , , , , , , (42.2) (42.2) 1, ,269.5 (1,232.4) (1,232.4) (0.9) , , , , , , , ,

146 (a),(b) 3, ,466.3 (b) 0.2 3, ,466.5 (a),(b) 1, ,118.3 (b) (b) 1,854.4 (b) , , , ,806.0 (a) , ,584.6 (1,393.9) (1,118.3) 3, , , , , , , , , ,

147 36 (b) % 1.22% 4% 1.02% (a) (a) 2106%2009 6%

148 (a) , , (b) , , (b) (b) (b) 4, , , , , ,028.6 (a) (i) 4,694.1 (ii) ,147.3 (i) (ii)

149 38 (b) (c) (d) (5.3) 44(b) (3.6) (6.4) 32(a) (1.5) % %

150 (4.4) (7.7) (12.1) (0.6) (0.2) (0.8) (0.9) 1.8 (0.7) 0.2 (1.3) (15.7) (0.2) (6.2) (15.7) (6.4) (2.3) (2.3) (2.1) (2.1) (6.5) (3.3) (17.3)

151 40 (a) % , (b) projected unit credit method (i) (39.7) (63.0)

152 40 (b) (ii) (10.7) (8.0) 4.7 (1.1) 10 (0.3) (3.1) (iii) (0.2) 2.4 (2.1) (2.5) (28.1) (0.1) (iv) (7.3) (19.6) (2.1) (2.5) (34.5) (0.1)

153 40 (b) (iv) % % 7% 7% 0-4% 0-4% , % 65% 26% 31% 5% 4% 100% 100% (v) (39.7) (63.0) (55.4) (46.5) (47.2) (0.8) (1.1) 3.6 (18.2)

154 41 42 (a) (i) 1, , , ,973.9 (i)

155 42 (b) ,428.9 (c) (d)

156 43 (a) , , , ,531.3 (b)

157 44 (a) , , (731.2) (39.4) (68.5) (200.2) (4.1) 19.4 (6.6) 12.0 (71.3) (32.6) (257.8) (274.5) (105.0) (149.8) 16.9 (22.5) (4.0) , (0.5) (3.6) ,681.9 (1,073.4) (997.2) (556.1) (18.8) 16.8 (10.4) 12.4 (23.1) (1,458.2) 1, , ,

158 44 (b) , , (5,476.7) (127.5) (44.8) (0.6) (726.0) 39 (14.2) (6.4) (14.9) (826.2) (21.3) 1, (20.2) (307.1) (183.5) 1, , , (c) , (417.7) (39.3) 1,

159 45 (a) (i) (ii) (iii) (iv) (v) (vi) (10.3) (11.0) (i) (ii) 2, ,502.9 (iii) (vi) (58.4) (65.1) (vii) (0.5) (0.9) (i) (ii) (iii) (iv) (v) (vi) (vii)

160 45 (b) (c) % 10% (d)

161 # ,630, ,000* , * , ,000* 10, ## 15,000, ,000* ## ## 1, ## 8,500, ,500,000* ## 766, ,288* ## 8, ,600* ## 2,500* ,000 1, ,000* 1, , ,000* , ** 1 Hip Hing Leader JV Limited 10, * ## 1,980, ,000* ,481, ## 450, ,500* * ## ,002*

162 # ## 5,000, ## 20,000, ## 30,000 1, ,750, ## 40,000, ,000* ,000, * ## 100, NWS Holdings (Finance) Limited ,000* , * , * ,000, ## 49,995, ,502* ,000, ## 400, ,000 1, ## 4,000,

163 # 1,323,943, Hetro Limited ## 50,000, NWS Financial Management Services Limited Beauty Ocean Limited Economic Velocity Limited Ideal Global International Limited NWS CON Limited NWS Construction Limited NWS Infrastructure Bridges Limited NWS Infrastructure Power Limited NWS Infrastructure Roads Limited NWS Infrastructure Water Limited Right Heart Associates Limited Righteous Corporation Stockfield Limited

164 ,000, (a) 59,520, (b) 57,680, (b) 63,800, (b) 96,000, (a) 50,000, ,000, ,000, (c) 56,000, (c) 72,000, (a) 5,000, , , ## 25, , ,000, ## 100, # * ** ## (a) (b) (c) 12 60% 162

165 # 10, , , ,959, (a) VMS Private Investment Partners III Limited 1,500* ** East Asia Secretaries (BVI) Limited 300,000, Tricor Holdings Limited 7, VMS Private Investment Partners II Limited 2,500* ,791** VMS Private Investment Partners IV Limited 1,500* ** ,124, ,145,000, (a) 818,300, (b) # * ** (a) (b)

166 ,500, ,000, (a) 3,977,267, ,000, ,500, ,000, ,255, (a) 990,000, (b) 359,676, (b) 420,000, (a) 924,000, (b) 139,980, (a) 34,400, (a) 93,688, (c) 99,400, (c) 99,092, (c) 85,468, (c) 99,368, (c) 92,016, (c) 87,300, (c) 99,388, (c) 96,624, (c) 99,448, (c) 99,316, (c) 90,472, (c) 89,028, (c) 89,392, (c) 283,765, (b) 384,040, (b) 164

167 # 100,000 A ,000 B ** ,918* 1 10, ,000, ,100, ,000,000* 1 DP World New World Limited 2, ,000, , ,000, Hip Hing Construction (Thailand) 10,000, Company Limited 2,890,680 A 100 5,559,000 B ,668,320 C # * ** (a) (b) (c) 15 60%

168 % 21% 46% 13% 15% 11% 18% 11% 11% 13% 9% 14% 9% 9% 12, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

169 , , , , , , , , (21.9) (226.4) (30.5) (4.8) (10.3) (13.0) (30.0) , (10.0) (37.8) (35.3) (110.9) (214.1) (284.3) (208.0) (227.6) (15.3) (41.2) (81.8) (300.3) (302.8) (262.1) (252.4) (298.0) 37, , , , , , , , , , , , , , , , , , , ,

170 , , , ,

171 , a 5b % 25% , , , ,773 90, , a. 5b. 15% 25% 33.33% 50% 27* ,595 12,757 14,238 * ,032 26,142 24, ,118 30,505 28, ,661 9,716 11, % / 80% 40.8% 22.5% 33.3% () ,

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