Transcription

1

2

3 IPTV now TV UK Broadband Limited 22, OTC Markets Group Inc.PCCWY

4 1 1000Mbps 4G LTE 6 MOOV 11 2 now TV HBO Asia HBO GO PCCW-HKTSignature Store DISH 3 now TV 4 now TV (StarHub) now TV now Free TV SIM NFC 7 now TV 10 3,000 8 now TV 2013/ SIM David Christopher Chance 12 CSL New World Mobility Limited 12 5 SAP

5 RFID I.T.2012 Computerworld HK Awards 2013 e MIS Strategic 100, IT IT now TV now TV now TV now TV Retail In Asia Questex Media PCM Computerworld Hong Kong e-zone MIS Asia

6 * 24,134 26,643 1, ,318 27,317 (11,816) (13,111) (10,150) (10,735) (966) (1,111) (53) 83 2,797 3,265 (232) (210) 2,565 3,055 1,661 1, , EBITDA 1 EBITDA* 7,679 8, (96) 7,786 8,033 *

7 now TV now TV ARPU now TV CSL CSL New World Mobility Limited 2017 David Christopher Chance SAP (Oracle)

8 now TV 10now TV now TV ARPU now TV now668 now now668 now TV now TVnow Player Junior now TV now Free TV now TV now now PRIME SPORTS now now Free TV now now now DISH Telus Communications Roger Communications now TV MOOVIPTV Big TVnow Big TV

9 , , ,

10 200 SAP SAP (Oracle) 2013 SAP CSL CSL New World Mobility Limited CSLNW CSLNW (Near Field Communication, NFC) Smart Livinge

11 250 Asperges HANAZONO 2013 Hanazono now TV10 now TV

12 Cable & Wireless HKT Limited TVBS

13 Pritchard Englefield & Tobin Thomas Eggar incorporating Pritchard Englefield KBE, LVO (Royal College of Defence Studies) GBS AIG Life Insurance AIG PineBridge Investments Asia Limited PineBridge Investments Limited (The Philippine American Life and General Insurance Company) AIG

14

15 IVision Knight Capital (China) Fund I, L.P. B2B Kingfisher plc FinanceAsia GBM, GBS, OBE, JP Cable & Wireless HKT Limited CaixaBank, S.A. AFFIN Holdings Berhad Vedanta Resources plc Tata Consultancy Services Limited Godrej Consumer Products Limited Jet Airways (India) Limited Wockhardt LimitedMax India Limited Cairn India Limited Emaar MGF Land Limited ING Groep N.V. (Prudential Financial Inc.)

16 Good Harbour Finance Limited Weatherite Manufacturing Limited Bryce Wayne LEE Silver Lake Kraftwerk Credit Suisse Group AG (Forbes) Lars Eric Nils RODERT Rodert Rodert Brookfield Property Partners L.P Brookfield Infrastructure Partners L.P. Inter IKEA Treasury SEB Asset Management Rodert David Christopher CHANCE Chance ChanceModern Times Group MTG ABTop Up TV Ltd Top Up TV Ltd British Sky Broadcasting Group plc ITV plc O2 plc

17 now TV

18 (

19 /7 2/2 1/1 7/7 1/1 7/7 1/1 7/7 1/1 6/7 1/1 7/7 1/1 5/7 3 1/1 6/7 3 2/2 0/1 4/7 1/3 1/1 7/7 3/3 1/1 5/7 2/2 2/3 1/1 7/7 3/3 2/2 3/3 1/1 6/7 2/2 1/1 Bryce Wayne Lee 6/7 3/3 3/3 1/1 Lars Eric Nils Rodert 7/7 3/3 1/1 David Christopher Chance 2 2/ Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance

20 Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance

21 Bryce Wayne Lee (i) 2012 (ii) 2013 (iii) 2013 (iv) (v)

22 (ii) 2013 (iii) (iv) (v) (vi) David Christopher Chance (i)

23 (viii) Bryce Wayne Lee Lars Eric Nils Rodert (ix) (x) (xi) (xii) (i) (xiii) (ii) (iii) (iv) (xiv) (xv) (xvi) (v) (vi) (vii)

24 , ,5001, ,

25 Sarbanes-Oxley ActSOA SOA 2013

26 (

27 EBITDA 81.29EBITDA EBITDA EBITDA now TV10 now TV CSL New World Mobility Limited EBITDAEBITDA

28 ,715 11,366 21,081 11,071 11,761 22,832 8% 1,262 1,546 2,808 1,299 1,721 3,020 8% 1,128 1,349 2,477 1,393 1,568 2,961 20% (18)% (1,085) (1,218) (2,303) (976) (1,252) (2,228) 3% 11,058 13,076 24,134 12,815 13,828 26,643 10% , (43)% 11,906 13,412 25,318 13,314 14,003 27,317 8% (5,281) (6,535) (11,816) (6,343) (6,768) (13,111) (11)% (2,789) (2,927) (5,716) (3,025) (3,148) (6,173) (8)% EBITDA 1 3,736 3,933 7,669 3,839 4,062 7,901 3% % % (312) (273) (585) (268) (286) (554) 5% (139) (192) (331) (75) (171) (246) 26% EBITDA 1 3,670 4,009 7,679 3,936 4,193 8,129 6% 166 (59) (106) (96) EBITDA 1 3,836 3,950 7,786 3,946 4,087 8,033 3% EBITDA 1 33% 31% 32% 31% 30% 31% EBITDA 1 32% 29% 31% 30% 29% 29% (2,134) (2,287) (4,421) (2,266) (2,305) (4,571) (3)% (3) (10) (13) % % (469) (497) (966) (595) (516) (1,111) (15)% (43) 21 (22) ,226 1,571 2,797 1,355 1,910 3,265 17%

29 1 EBITDA EBITDA EBITDA (b) ,715 11,366 21,081 11,071 11,761 22,832 8% EBITDA 1 3,736 3,933 7,669 3,839 4,062 7,901 3% EBITDA 1 38% 35% 36% 35% 35% 35% 1,430 1,242 2,672 1,484 1,417 2, % EBITDA Gateway CSL New World Mobility Limited

30 ,262 1,546 2,808 1,299 1,721 3,020 8% EBITDA % EBITDA 1 17% 18% 17% 17% 17% 17% now TV now TV 1,237,00054,000 now TV ARPU now TV now TV Cable Thai Holding DISH StarHub EBITDA

31 ,128 1,349 2,477 1,393 1,568 2,961 20% EBITDA % EBITDA 1 15% 20% 18% 16% 19% 18% EBITDA9, EBITDA Vandasoft Technology Holdings Limited SAP EBITDA EBITDA EBITDA Villa Bel-Air Hanazono

32 , , ,801 6,384 11,185 6,073 6,722 12,795 (14)% % 5,281 6,535 11,816 6,343 6,768 13,111 (11)% EBITDA EBITDA EBITDA ,

33 HONG KONG TELECOMMUNICATIONS (HKT) LIMITED Hong Kong Telecommunications (HKT) Limited Moody s Investors Service Standard & Poor s Ratings Services Baa2BBB

34 (a) (b) , ,900 EBITDA

35

36 (f)

37 KBE, LVO GBS GBM, GBS, OBE, JP Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance David Christopher Chance 101A

38 Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance PCRD Services Pte Ltd PCRD Services Akash MehtaPasha Ventures Private Limited Pasha VenturesAIGPasha Ventures PCRD Services Akash MehtaPasha VenturesAIGAIG Home Finance India Limited Indo Pacific Housing Finance Limited AIGHFILIndo PacificAIGHFILConsumer Financial Services LimitedCFSL 20,000,006336Pasha Ventures AIGHFIL AIGHFILAIGAIGHFIL CFSL PCRD ServicesPasha Ventures Akash MehtaPasha Ventures PCRD ServicesAkash Mehta Pasha Ventures PCRD ServicesPasha Ventures 131Akash Mehta Indo Pacific CFSLAkash Mehta Pasha Ventures Pasha Ventures L&T Finance Holdings Limited Indo Pacific PCRD Services Akash MehtaIndo Pacific PCRD ServicesPasha VenturesAkash Mehta Pasha VenturesIndo PacificIndo Pacific PCRD ServicesKSH Distriparks Private LimitedKSHPasha Ventures Akash MehtaMehta Sky Advance Associates LimitedSky AdvanceAkash Mehta Pasha Ventures KSH KSH PCRD Services Sky AdvancePasha Ventures KSHPasha Ventures PCRD Services Sky Advance Mehta KSHKSH KSH PCRD Services KSH 3.13 (i)kshkshksh (ii) KSH(iii) Akash Mehta

39 XV ,666,824 1,740,004,335 2,011,671, % 1(a) 1(b) 1,610, ,000 7,893,000 9,603, % 2(a) 2(b) 1,301,177 1,301, % 3 992, , % 4(a) 4(b) 340, , % 5 1,000,000 1,000, % 1. (a) Chiltonlink LimitedChiltonlink Pacific Century Diversified LimitedPCD237,919,824 Eisner Investments LimitedEisner33,747,000 Chiltonlink Eisner (b) (i) Yue Shun LimitedYue Shun 36,726,857 Yue Shun 36,726,

40 1. 1. (b) (ii) 154,785, ,785,177 (iii) 1,548,211,301 Anglang Investments Limited Pacific Century Group (Cayman Islands) Limited Pacific Century International Limited Borsington Limited 1,548,211,301Hopestar Holdings Limited (iv) PineBridge Investments LLCPBI LLC281,000 PBI LLC Chiltonlink ChiltonlinkPBI LLC281, (a) Butternut Pacific Resources LimitedButternut (b) (a) (b) A. PCCW-HKT Capital No.4 Limited ING Life Insurance Company (Bermuda) Limited PCCW-HKT Capital No.4 Limited

41 2. B. 177,552, ,358, ,910, % 1(a) 1(b) 46,413 7, , , % 2(a) 2(b) 330, , % 3 43, , % 4(a) 4(b) 208, , % 5 143, , % XV (a) (b) (a) PCD17,142,046Eisner39,000,000121,410,000 (b) (i) Yue Shun2,646,156Yue Shun 2,646,156 (ii) 11,152,220 11,152,220 (iii) 111,548, ,548,140 (iv) PBI LLC12,216PBI LLC 12,

42 2. B. 2. (a) Butternut (b) 120, (a) (b) XV A

43 1. A. 10 (i) (ii) (iii) (i) 1994 (1) ,000, ,000, ,965, ,000,000 (2)

44 1. A. (i) 1994 (3) ,000, ,000, ,965, ,000,000 (ii) B ,775,21817,450 2,355,0001,301, ,1483,629, ,552,90317, (b)

45 2. A (1) (2) (a) (b) (c) (3) (i) (ii) (i) (iii)

46 2. A. (4) (5) (10) (6) (7) (8) (i) (ii)(5) (iii) (9) (10)

47 2. B (a) (b) ,387, ,37437, , ,955, (d)(ii) (c)

48 (1) ,000,000 5,000, ,000,000 (2) (3) (4)

49 ,548,211, % 1 1,702,996, % Star Ocean Ultimate Limited 2 3 1,702,996, % The Ocean Trust 2 1,702,996, % The Starlite Trust 2 1,702,996, % OS Holdings Limited 2 1,702,996, % Ocean Star Management Limited 2 1,702,996, % The Ocean Unit Trust 2 1,702,996, % The Starlite Unit Trust 2 1,702,996, % Star Ocean Ultimate Holdings Limited 3 1,702,996, % 4 1,702,996, % 4 1,702,996, % 5 1,343,571, % 1. (i) 154,785,177(ii)1,548,211,301 Borsington Limited Pacific Century International Limited Pacific Century Group (Cayman Islands) Limited Anglang Investments Limited Ocean Star Management Limited The Ocean Unit Trust The Starlite Unit Trust Ocean Star Management Limited OS Holdings LimitedThe Ocean Trust The Starlite Trust The Ocean Unit Trust The Starlite Unit TrustStar Ocean Ultimate LimitedThe Ocean Trust The Starlite Trust Star Ocean Ultimate LimitedStar Ocean Ultimate Holdings Limited 4. Ocean Star Investment Management Limited OS Holdings Limited Star Ocean Ultimate Holdings Limited 5. China Unicom Group Corporation (BVI) Limited

50 Ocean Star Investment Management Limited 1,702,996, % Ocean Star Investment Management Limited The Ocean Unit Trust The Starlite Unit TrustThe Ocean Unit Trust The Starlite Unit Trust Ocean Star Investment Management Limited

51 A A A A

52 Cable & Wireless HKT LimitedPCCW-HKT Limited 110, (i)(ii)

53 (1) (2) (3) (i) (ii) (i) (ii) A.35(1)

54 (1) 159, ,000 (2) 137, ,000 (3) 164, , ,064, ,672, A (i) (ii) (iii)

55

56

57 ,318 27,317 (11,816) (13,111) 2(b) (10,150) (10,735) (966) (1,111) (53) ,797 3, (232) (210) 2,565 3,055 1,661 1, ,170 2,565 3,

58 ,565 3,055 2(b) (44) 85 (1) (44) (300) (12) (107) (45) 39 (122) (5) (38) 2,560 3,017 1,646 1, ,146 2,560 3,

59 ,104 1,476 7,580 28, (b) (133) (133) ,971 1,476 7,447 28,179 1, ,565 1,458 2(b) (44) (44) (15) 3 (12) (87) (20) (107) (53) (15) 10 (5) (49) 1, ,560 1,409 (26) (26) (5) (2) (7) (771) (771) (771) (401) (401) (401) (595) (595) 1,625 (182) 1, (778) (340) (1,172) (2,304) (1,559) (2,274) (1,529) 1,183 (3,052) (1,869) (1,172) (b) 8,800 (662) 8,138 28,

60 ,979 (662) 8,317 28, (b) (179) (179) ,800 (662) 8,138 28,416 1,885 1,170 3,055 (160) 2(b) (1) (1) (267) (33) (300) (3) (25) (20) (45) (4) (14) (24) (38) 36 1,871 1,146 3,017 (124) (42) (42) (35) (17) (52) (1) (985) (985) (985) (462) (462) (462) (1,011) (1,011) (37) (37) (1,484) (1,060) (2,544) (1,447) 3x (1,484) (1,038) (2,522) (1,447) ,187 (554) 8,633 26,

61 ,477 15,534 15, ,384 5,804 8, ,105 1,146 1, ,170 3,371 3, ,812 3,385 3, ,089 12, (a) , ,909 33,070 36,358 12,089 12, (b) 17,756 16,749 25(a) (b) 735 1,319 1,032 25(c) 3,497 4,775 5, (d) 1,166 1,084 1,199 4(c) (e) 3,084 4,041 3, (c) 5,365 4,553 5, ,900 14,941 16,774 17,579 18,676 18,657 25(f) (40) (8,540) (1) 25(g) (1,777) (2,380) (2,118) (4,134) (4,129) (4,420) (11) (10) 27 (603) (959) (521) 34 (187) (196) (205) 4(c) (27) (136) (126) (1,750) (1,903) (1,929) (786) (1,169) (1,338) (1,443) (10,747) (19,412) (10,658) (11) (10) 4,194 (2,638) 6,921 18,665 18,647 35,103 30,432 43,279 30,754 30,

62 (23,470) (17,926) (29,074) (1,575) 21(c) (2,282) (2,010) 28 (56) (711) (56) (306) 33(a) (2,222) (2,321) (2,658) (893) (989) (951) 2(b) 30(a) (136) (182) (98) 34 (815) (719) (605) (120) (101) (549) (27,656) (22,294) (34,646) (2,338) (3,891) 7,447 8,138 8,633 28,416 26, ,818 1,818 1,818 1,818 1, ,153 6,982 7,369 26,598 25,027 5,971 8,800 9,187 28,416 26,845 1,476 (662) (554) 7,447 8,138 8,633 28,416 26,

63 (a) 6,168 7, (2,236) (2,554) (8) (19) (1,434) (2,524) (2,512) 35(b) (220) (49) 35(b) (121) 3x 7 (29) (4) (139) (52) (71) (140) (129) (37) (1,559) (10) (7,019) (6,317) (167) (111) 6,747 18,995 (840) (904) (3,884) (15,687) (1,172) (1,442) (595) (1,011) (38) (811) 957 (1) (1) 5,365 4,553 35(c) 4,553 5,

64 a. b (a)(v) , ,

65 2 b

66 b. 2(g) 2(m)(iii) 2(o) 3 c. 39 2(k)

67 2 c. 2(n)(ii) d

68 e. 2(d) i. ii. iii. iv. v. f. 2(n)(ii) 2(h) (i) (ii) (iii)

69 2 f g. 2(h) 2(x)(iv) 2(h) 2(h)

70 h. i. 2(g) ii. 2(f)2(n)(ii) 2(x)(iv) iii. 2(g)2(i) i

71 2 j. k. 2(n)(ii) l. i. ii

72 l. iii. iv. v. 2(n)(ii)

73 2 m. (i) (ii)(iii) 2(n)(i) i. 12 2(x)(vi) 2(x)(viii) ii. 12 2(n)(i) iii. 12 2(n)(i) 2(x)(viii) 2(x)(vi)2(n) (i)

74 n. i. 2(n)(ii)

75 2 n. i. ii

76 n. ii. iii. 34 2(n)(i) 2(n)(ii) o. 2(p) p. i. ii

77 2 p. ii. q. r. 2(x)(v) s. 2(n)(i)

78 t. u. v. w. (i) (ii)(iii) x. i. ii. iii

79 2 x. iv. v. vi. vii. viii. y. z. i. ii

80 z. iii. iv

81 2 aa. i. ii. iii

82 aa. iii iv. bb. cc

83 2 cc dd. i. ii. iii. iv. v. i vi. ee

84 ff (a) 37 i , ,700 ii

85 3 ii. iii

86 iv v. vi. vii. 39 viii. (i)(ii)

87 3 ix. 3 x. All s Well Media Company LimitedAWLAWL AWLAWL AWL xi

88 xii a a a a a a 150 b a. b

89 4 c ,197 24,842 2,049 1, ,318 27,317 6 EBITDAEBITDA

90 ,695 1,639 1, ,173 25,318 a 386 1, (2,303) 21,081 2,808 2, ,184 (2,303) 25,318 EBITDA 7, (585) 107 (331) 7,786 1, , ,429 1,849 2, ,317 a 403 1, (2,228) 22,832 3,020 2, (2,228) 27,317 EBITDA 7, (554) (96) (246) 8,033 2, ,607 a

91 6 EBITDA EBITDA 7,786 8,033 (13) 9 (4,421) (4,571) (966) (1,111) (22) 140 2,797 3, ,198 20,304 2,117 2,116 3,003 4,897 25,318 27, (78) 9 (5)

92 a (a)(v) ,137 2,406 2,424 2,735 b (27) (42) (34) ,482 2, ,917 2,200 2,029 1, ,240 10, (32) ,

93 (3) 3 1,005 1,171 (39) (60) 966 1,111 a , ,500 b

94 a Bryce Wayne Lee Lars Eric Nils Rodert

95 10 a Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance ,

96 b. i (a) ii ,500,00110,000, ,000,00114,500, ,500,00115,000, ,500,00131,000, ,000,00138,500, a (8) (175) (2) 33(a) (464) (82)

97 11 b ,797 3, (16) (20) (177) (64) (102) (596) (443) 40 4 (23) (2) (4) ,172 1, ,007 a. b. 2013(a)(b)

98 ,661 1,885 7,272,294,654 7,272,294,654 (9,092,300) (18,985,730) 2,226,513 7,263,202,354 7,255,535,437 9,811,488 7,263,202,354 7,265,346, ,338 12,077 15,335 11, , ,459 2, (508) (49) (1) (544) (11) (177) (733) (12) ,334 12,105 15,818 11,548 1,648 42, ,514 7,863 8, , ,482 (49) (49) (529) (11) (172) (712) (1) 54 6 (1) ,934 8,679 8, , ,171 7,139 2,659 1,641 15, ,563 7,472 2, ,

99 ,334 12,105 15,818 11,548 1,648 42, ,248 2, x (1,341) (13) (373) (35) (314) (735) (23) 3 (75) (18) (113) 1,302 12,713 16,482 12,155 1,555 44, ,934 8,679 8, , ,347 (6) (373) (35) (309) (723) (3) 4 (16) (14) (29) 449 9,394 9,432 9, , ,319 7,050 2,923 1,548 15, ,171 7,139 2,659 1,641 15, , ,

100 ,384 5,804 2, (95) ,804 8, , ,700 2, a ,605 6,605 1,805 1, ,410 8,

101 16 a % 6.0% ,750 6,450 1,300 1,684 3, , b ,031 1, ,748 7,171 5,804 8,

102 c. 215 d e

103 a ,146 1,024 (1,146) (1,024) b a. b

104 ,336 3, ,537 3, ,371 3,469 3,170 3, ,939 1,939 PCCW Global IP BPO Holdings Pte. Ltd ,860 2, UK Broadband Limited ,371 3,

105 % 2% 14% 81% 2% 16% PCCW Global 15% 3% 10% 19% 3% 10% IP BPO Holdings Pte. Ltd. 34% 2% 11% 35% 2% 13% 45% 2% 15% 46% 2% 15% 27% 2% 10% 26% 2% 12% , , , , , (396) (1,258) (2) (1,656) , , , , ,906 a , ,917 (396) (1,258) (1) (1,655) , , , , , ,

106 , , , , ,341 3x (21) (1,608) (3) (1,632) , , , , ,173 a , ,200 (21) (1,608) (3) (1,632) 4 4 1, , , , , , ,385 a , , , ,701 (118,974) (120,612) 12,089 12,089 1, ,

107 21 a ,208, ,208, % 36.9% HKTHKTGH 4 636,000, % 36.9% Hong Kong Telecommunications (HKT) 2,488,200, % 36.9% LimitedHKTL 4 HKT Services Limited % 36.9% Esencia Investments Limited 1 100% Great Epoch Holdings Limited 1 100% 700, % PCCW Mobile HK Limited 4 HKTL 100 1,254,000, % 36.9% 3,500,000,097 1A 4B 100% PC Music Holdings Limited % PCCW Productions Limited 2 100% % 36.9% PCCW Teleservices Operations (Hong Kong) Limited % 36.9% 93,240, % 36.9% 2, 4 3, 4 2,000, % 52.7% PCCW Teleservices (US), Inc. 4 1, % 36.9% PCCW Global B.V. 4 18, % 36.9% % 36.9%

108 a % 36.9% PCCW Global, Inc % 36.9% HKT Global (Singapore) Pte. Ltd % 36.9% 60,956, Gateway Global Communications Limited % 36.9% 2 10,250, % 1, 3, 4 200,000, % 75.9% IP/IT 1, % 2 12,600, % IP/IT 2 100% 2 100% ICT 100, % 198,834, % 25.5% % 25.5% 2, 5 100,000, % 25.5% Talent Master Investments Limited % 25.5% Nihon Harmony Resorts KK 5 405,000, % 25.5% UK Broadband Limited 1 100%

109 21 a b ,595 56,944 (41,839) (40,195) 17,756 16, c PCCW Capital No. 4 Limited d. 21(b) 25(b)

110 e ,810 56,348 7,317 9,773 9,563 9,471 3,208 2,564 66,373 65,819 10,525 12,337 (16,005) (7,157) (1,377) (3,906) (19,251) (27,857) (3,454) (2,932) 31,117 30,805 5,694 5,499 (183) (182) 30,934 30,623 5,694 5, ,081 22,832 1, ,115 2, (455) (16) (165) (216) 1,660 2, (272) 1,736 2, (195) (50) (39) 1,686 2, (195) 595 1,

111 21 e ,220 7,460 (287) 34 (94) (203) (331) (74) (8) 7,024 7,143 (426) 44 (4,182) (4,223) (40) (1,454) (2,672) (3,184) (1,562) 1, (264) (2,028) 27 5 (3) ,226 2,401 2, ,401 2, ,

112 (171) (171) ,1004, , , a % 300,000, % 40,000,

113 22 b , c ,440 2, (1,147) (1,680) (279) (365) (65) (35) (30) ,352 2, (99) (68)

114 d (96) (99) (68) 6 13 (3) (9) (11) (96) (167) 45% 45% 35%* 35%* (34) (58) * % , , ,021 2, ,424 3,445 (2,885) (2,863) ,657 3, ,

115 23 a % 644,518,697 Genius Brand LimitedGBL 10, % GBL b ,

116 c. GBL , (189) (240) (458) (298) (14) (30) (458) (298) (203) (270) (635) (897) (21) (21) (635) (897) (10) (9) (190) (306) (10) (9)

117 23 c. GBL (131) (101) (43) (79) 4 5 (3) (2) (17) (31) (66) 239 (9) 1 (12) (71) (78) 168 (9) d. GBL (1) (10) (78) 168 (9) 1 (462) (10) (9) 50%* 50%* 50%* 50%* (5) (5) * GBL31.5% , , ,

118 (7) (131) (77) (12) , a. b , c

119 25 d ,084 1,199 e i 4,282 3,725 ii (241) (224) 4,041 3,501 i ,028 1, , ,282 3,725 ii (117) (166)

120 e. iii ,624 1, , ,417 2,151 4,041 3, ,100 f i 3,873 ii 4, , ,540 1 i PCCW-HKT Capital No.2 Limited HKTGH HKTL HKTGH HKTL ii

121 25 g , , ,380 2,118 3, , ,292 6,910 13,352 16,774 2,282 5,390 17,926 29, a 3,861 3, b 4,016 3, c 2,282 2, d 3,380 7,767 15,855 17,926 29,074 1,467 17,926 27,607 a PCCW-HKT Capital No.3 Limited HKTGH HKTL HKTGH HKTL b PCCW-HKT Capital No.4 Limited HKTGH HKTLHKTGH HKTL

122 c PCCW Capital No. 4 Limited d PCCW-HKT Capital No.5 Limited HKTGH HKTLHKTGH HKTL (446) (446)

123 a b 22 b a 4 b (56) (16) (56) (16) b (695) (290) (56) (711) (56) (306) a (c)(i) b (c)(i) (c)(ii) (i)(ii)

124 ,000,000,000 2,500 10,000,000,000 2, ,272,294,654 1,818 7,272,294,654 1, a Society of Actuaries

125 30 a. i iii iv (186) (185) ii % 52% 42% 42% 8% 6% 100% 100% iii (74) 15 (14) (14)

126 a. iv (14) (14) v (b) 2 1 8(a) 2 1 vi % 2.50% 3.00% 3.00%

127 30 a. vi % (3.10%) 3.30% 0.25% 3.10% * 1 (4.50%)** 4.50%** * ** vii b. 25,

128 a (i)(ii) (iii) i ,094, ,965,538 iii 5.88 (7,128,700) 4.35 (39,965,538) ii ,965, ,965,

129 31 a. ii ,965, ,965, ,965,538 39,965,538 iii , , ,480, ,355,000 39,965, ,000 7,128,700 39,965,

130 b ,519,109 11,713, ,194,000 11,021,000 (3,629,285) 11,713,109 19,104, ,500 71, , ,000 (30,087) 181, ,

131 31 b. i ,645,118 iii ,659, ,775,218 iv 2.80 (14,822) 3.44 (238,148) v 2.87 (3,629,285) ii ,645, ,552, iii ,450 ii ,

132 b. ii ,384, ,077,000 2,077, ,461,000 3,461, ,829, ,053,593 2,004, , , , ,053, ,190, , , , ,211,000 11,645,118 18,552, , ,725 17,

133 31 b. iii ,384, ,077, ,461, ,837, ,061, , , ,146, ,282, , , , ,211,000 11,659,940 10,775, , ,725 17,

134 b. iv ,412 4, ,410 49, , ,199 14, ,148 v ,384, ,825, ,865 3,629,285 3, ,300 3, ,300 c

135 31 c (i)(ii) (iii) i ii ,000, ,000, ,000, ,000,000 ii ,000,000 5,000,000 5,000,000 5,000,

136 d. i (a) (b) (c) ii (i) (ii)

137 31 d. ii ,158, ,158,000 6,737,000 (534,203) 1,158,000 7,360,797 (i) ,140,265 (iii) ,145, ,387,498 (iv) 5.98 (5,566) 6.84 (37,578) (v) 5.98 (534,203) (ii) ,140, ,955,

138 d. ii. (ii) , , , ,183, ,183,603 1,140,265 2,955, (iii) , , ,193, ,193,588 1,145,831 2,387,498 (iv) , ,782 17, , ,985 5,566 37,

139 31 d. ii. (v) , ,203 1, e. i MelatiMelati 2,300 MelatiMelati Melati Melati 1 Melati Melati

140 e. ii Lot 10Rafflesia Rafflesia Rafflesia RafflesiaRafflesia Rafflesia Rafflesia 1 Rafflesia Rafflesia

141 (a) ,143 8,560 3 (18) 96 1, (31) (14,881) 4, (b) (133) (133) ,143 8,560 3 (18) 96 1, (31) (15,014) 4,153 1,661 1,661 2(b) (44) (44) (15) (15) (87) (87) (65) (15) 1,617 1,646 (26) (26) (5) (5) (12) 12 (771) (771) (401) (401) 1,625 1,625 (1,172) (26) 4 1, (1,172) (26) 4 2,377 1, (b) 9,143 7,388 3 (44) 100 1, (31) (11,020) 6,

142 (a) ,143 8, ,560 26,361 1,458 1,458 (53) (53) 4 4 (49) 1,458 1,409 (12) 12 (771) (771) (401) (401) (1,172) (12) 12 (1,172) ,143 7, (49) 10,030 26,

143 (a) ,143 7,388 3 (44) 100 1, (31) (10,841) 7, (b) (179) (179) ,143 7,388 3 (44) 100 1, (31) (11,020) 6,982 1,885 1,885 2(b) (1) (1) (267) (267) (25) (25) (267) ,969 1,871 (42) (42) (35) (35) (63) (12) (1) (1) (981) (4) (985) (460) (2) (462) (1,441) (30) (40) 27 (1,484) ,143 5,947 3 (74) (31) (9,024) 7,

144 (a) ,143 7, (49) 10,030 26,598 (160) (160) (4) (4) 36 (160) (124) (63) 63 (985) (985) (462) (462) (1,447) (63) 63 (1,447) ,143 5, (13) 9,933 25,027 a C PCCW Capital No. 2 Limited

145 33 a , (74) (20) 2,074 11(a) 87 (20) 63 (597) 3 (464) (1) 6 1, (671) (16) 1, , (671) (16) 1,618 11(a) 216 (20) 158 (443) 7 (82) (1) 25 1, (1,114) 9 1,

146 a (644) (919) 12 (59) (159) (703) (1,078) 12 2,112 2, ,321 2,658 1,618 1,580 b , , ,011 (196) (13) (209) (205) (14) (219)

147 35 a ,797 3,265 7 (10) (62) (80) ,482 2,347 (3) (64) (13) (9) (42) (349) (631) (22) (9) ,917 2, (140) (26) (42) (5) (35) (2) (17) (105) (240) 406 (1,144) (674) (46) 137 (616) 287 (75) 19 (32) (25) (211) (216) 356 (438) 109 (10) (20) (18) 6,442 7, (265) (361) (58) (54) 6,168 7,

148 b (78) (1) (1,039) (40) (6) (5) (2) (121) (276) (65) (220) (49) (121) c ,872 6, ,900 (10) (1,319) (1,032) ,553 5, ,

149 ,800 9,187 11,020 9,024 19,820 18,

150 ,319 1,319 3,732 3, ,041 4,041 4,553 4,553 14, , , ,

151 ,540 8,540 2,380 2,380 4,129 4, ,340 16,340 17,926 17, ,746 18, ,086 35,

152 ,032 1,032 4,466 4, ,501 3, ,509 5,509 15,148 15, , ,

153 ,118 2,118 4,420 4, ,391 7,391 29,074 29, ,228 30, ,619 38, ,756 16, ,900 18,675 18,

154 ,282 2, ,282 2, ,293 2, ,575 1,575 2,010 2, ,585 3, ,595 3,

155 37 a (e) b

156 b (8,757) (8,757) (8,540) (2,380) (2,380) (2,380) (4,129) (4,129) (4,129) (959) (959) (959) (209) (209) (196) (136) (136) (136) (16,570) (16,570) (16,340) (523) (2,780) (13,992) (2,812) (20,107) (17,926) (23) (243) (232) (56) (181) (442) (350) (973) (719) (25) (28) (11) (77) (141) (101) (528) (2,975) (14,468) (3,482) (21,453) (18,802) (17,098) (2,975) (14,468) (3,482) (38,023) (35,142)

157 37 b (1) (1) (1) (2,118) (2,118) (2,118) (4,420) (4,420) (4,420) (521) (521) (521) (219) (219) (205) (126) (126) (126) (7,405) (7,405) (7,391) (847) (7,713) (17,640) (6,988) (33,188) (29,074) (193) (808) (888) (711) (191) (301) (300) (792) (605) (13) (331) (35) (255) (634) (549) (792) (8,190) (18,169) (8,351) (35,502) (30,939) (8,197) (8,190) (18,169) (8,351) (42,907) (38,330)

158 b (11) (11) (11) (11) (11) (11) (112) (112) (336) (2,812) (3,372) (2,282) (23) (243) (232) (56) (92) (98) (359) (3,055) (3,604) (2,338) (103) (98) (359) (3,055) (3,615) (2,349) (10) (10) (10) (10) (10) (10) (32) (1,607) (1,639) (1,575) (112) (112) (336) (2,700) (3,260) (2,010) (80) (343) (388) (306) (122) (1,706) (416) (3,043) (5,287) (3,891) (132) (1,706) (416) (3,043) (5,297) (3,901)

159 37 c. i

160 c. i , ,020 (664) (243) (482) (364) (286) (211) (3,873) (78) (10,159) (13,219) (13,029) 1,278 (11,998) 1,197 (464) (1,034) (608) (1,206) 13,952 10, (2,525) (9) (2,282) (2,010) (2,143) 231 (1,994) 1 2,325 2,

161 37 c. i , , , , ii

162 c. ii % % % % , , , ,961 7,734 7, , , , , , , ,010 18,732 21,246 2,282 3,585 26,466 29,075 2,282 3, , ,

163 37 c. iii. 24 d (8,540) (8,635) (1) (1) (17,926) (18,661) (29,074) (29,893) e

164 e (56) (56) (711) (711) (56) (306)

165 37 e % 30% 15% 70% 10% 50% (7) (131) (32) 93 (77) ,

166 f. 38 a ,728 1, ,518 2, ,077 2, ,518 2,

167 38 b ,504 1, ,919 2, ,001 1, ,917 2, c ,124 2, ,359 2,

168 ,325 2, ,480 2, (f) ,777 6, ,819 6, a i ,500 1,4001,

169 41 a i (i) (1) 78 SAP (1) (40) (5)

170 a i. (i) (65) 16 (49) 1,3001, (ii) (iii) ,500 2, ,700 b i. Gateway Communications (UK) Limited Gateway Communications S.A. Gateway Communications S.A.S. Gateway Communications Mozambique Limitada Gateway Communications (Proprietary) Limited Gateway Communications Africa (UK) LimitedGateway Gateway Communications (UK) Limited Gateway Communications S.A. Gateway Communications S.A.S. Gateway Communications Mozambique Limitada Gateway Communications (Proprietary) Limited Gateway Communications Africa (UK) Limited 2.68 Gateway ,

171 41 b i. Gateway Communications (UK) Limited Gateway Communications S.A. Gateway Communications S.A.S. Gateway Communications Mozambique Limitada Gateway Communications (Proprietary) Limited Gateway Communications Africa (UK) LimitedGateway (i) Gateway 268 (260) Gateway Gateway (1,001) (1) (21)

172 b i. Gateway Communications (UK) Limited Gateway Communications S.A. Gateway Communications S.A.S. Gateway Communications Mozambique Limitada Gateway Communications (Proprietary) Limited Gateway Communications Africa (UK) LimitedGateway (i) Gateway (268) Gateway 41 (227) (121) (ii) 1, (iii) Gateway Gateway ii. Vandasoft Technology Holdings Limited Vandasoft Technology Holdings Limited

173 41 b ii. Vandasoft Technology Holdings Limited (i) (78) (38) (5) (59) (8) 15 7 (ii) (iii) , ,

174 a , b ,559 (2,304) (745) i ,684, ii. PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc IP BPO Holdings Pte. Ltd. PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc. 500PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc a CSL New World Mobility LimitedCSLNWTelstra Holdings (Bermuda) No. 2 Limited Telstra BermudaTelstra Corporation Limited Upper Start Holdings LimitedUpper Start Telstra Bermuda Upper StartCSLNW

175 43 b

176 * 2010* 2011* ,077 22,962 24,638 25,318 27,317 (12,254) (10,533) (11,397) (11,816) (13,111) (9,029) (8,924) (9,604) (10,150) (10,735) 168 1, (61) (1,485) (1,587) (1,565) (966) (1,111) (55) (82) 32 (22) ,380 3,080 2,318 2,797 3,265 (585) (756) (542) (232) (210) 1,795 2,324 1,776 2,565 3,055 1,506 1,926 1,607 1,661 1, , * 2010* ,934 29,387 30,909 33,070 36,358 17,049 18,746 14,941 16,774 17,579 (9,827) (17,744) (10,747) (19,412) (10,658) 7,222 1,002 4,194 (2,638) 6,921 35,156 30,389 35,103 30,432 43,279 (37,181) (30,997) (27,656) (22,294) (34,646) (2,025) (608) 7,447 8,138 8, ,843 19,521 17,120 17,418 15,874 *

177 2013 * A A68 27,028 39, % 1013 B 17, % C 21, % D 10, % 75, % % % Jenderal Sudirman Kav., 9,277 75, % No Lot 10 Senayan, Kebayoran Baru, South Jakarta, Indonesia *

178 2013 KBE LVO GBS GBM GBS OBE JP Bryce Wayne Lee Lars Eric Nils Rodert David Christopher Chance ( A) 2013 B) M OTC Markets Group Inc HK 8 HK PCCWY hkinfo@computershare.com.hk Citibank, N.A. PCCW American Depositary Receipts Citibank Shareholder Services P.O. Box Providence, Rhode Island , USA citibank@shareholders-online.com ir@pccw.com 1,000 7,272,294,

179

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