CHINA LIFE INSURANCE COMPANY LIMITED 2628 2016 12 31 2016 2016 4,304.98 18.3% 20094,000 939.45 51.8% 513.78 59.0% 400.60 23.7% 2,235.02 16.6%2012 2,000 1
56.28% 12.06 54.69% 2.49 493.11 56.4% 181.4 57.1% e e 20 4 2
2.7010.2% 2.457.2% 280.34% 297.16% (SARMRA) 2016 20 2016 2014 2504.2 + 3
4
2017 2017 5
2016 2016 2015 426,230 362,301 206,996 172,364 93,945 61,900 51,378 32,312 108,151 140,160 19,127 34,699 49,311 31,528 46,326 28,851 375 371 2,610 2,306 2016 2015 12 31 12 31 652,057 560,277 2.46 2.16 14 (%) 90.20 90.00 26 (%) 85.90 85.50 14/2614/26 6
2016 4,262.30 17.6% 4,000 1 19.9% 939.45 51.8% 513.78 59.0% 2,235.02 16.6% 2016 12 31 201513.9% 14 2690.20% 85.90% 2 3.54%2015 2.01 2016 493.11 56.4%2005 2016 12 31 6,520.57 16.4% 20161,081.51 22.8% 191.27 44.9% 1 2016 2 = / + 7
1 12 31 2016 2015 361,905 308,169 160,590 134,449 72,973 78,068 87,617 56,381 201,315 173,720 54,010 42,041 32,141 24,435 25,852 18,993 6,289 5,442 21,869 17,606 14,583 13,761 14,265 13,480 14,226 13,403 39 77 318 281 430,498 363,971 3,619.05 17.4% 876.17 55.4% 54.56% 2,013.15 15.9% 540.10 28.5% 145.83 6.0% 8
2 12 31 2016 2015 282,136 225,957 74,813 47,974 283 495 74,530 47,479 199,826 171,632 7,497 6,351 24,915 20,107 5,430 3,571 4,571 3,372 859 199 703 553 18,782 15,983 108,256 106,028 85,882 87,222 68,047 73,508 17,835 13,714 21,813 18,558 561 248 1 15,191 11,879 811 1,209 90 701 721 508 1,160 864 13,220 9,806 430,498 363,971 1 2 9
2,821.36 24.9% 57.0% 59.6% 86.20% 62.17% 16.4% 149.5201552.7% 67.1% 249.15 23.9% 187.82 17.5% 8.5 178.35 30.0% 52.17% 680.47 7.4% 23.4 10
151.91 27.9% 40% 2016 2504.2 2016 A 2016 24,532.8320157.2% 2015 43.55% 45.63%2015 24.59% 21.94%2015 9.34% 10.05%2015 7.44% 9.28% 11
1 2016 12 31 2015 12 31 1 1,920,125 78.27% 1,777,180 77.69% 538,325 21.94% 562,622 24.59% 1,119,388 45.63% 996,236 43.55% 2 143,201 5.84% 117,887 5.15% 3 119,211 4.86% 100,435 4.40% 421,383 17.17% 411,623 17.99% 140,166 5.71% 111,516 4.87% 4 119,973 4.89% 169,485 7.41% 2 84,338 3.44% 52,475 2.29% 5 76,906 3.13% 78,147 3.42% 1,191 0.05% 1,237 0.05% 6 110,584 4.51% 97,599 4.27% 2,453,283 100.00% 2,287,639 100.00% 1 2 3 4 2016 12 31 136.09 2015 12 31 672.82 5 6 12
2 12 31 2016 2015 1 2 109,207 97,654 + 6,038 32,297 +/ (7,094) 10,209 3 108,151 140,160 + 5,855 1,974 4 114,006 142,134 5 4.61% 4.45% 6 4.56% 6.39% 7 4.65% 6.35% 1 2 3 = + + / 4 = + 5 = /+ /2 6 = /+ /2 7 =+ / + + + /2 13
20162015 4.61%4.56% 4.65% 3 2.43% 3 2016 2 29Citigroup Inc. IBM Credit LLCIBM Credit 6.39IBM Credit3,648,276,645 23,312,487,761.55 2016 8 29 6,728,756,09743.686% 2016 3 1 2016 2 29 3 =+ /+ /2 14
20165 e 1,099 49 e 95519 2015-2016 31 700 12,579 767 15
2016 404 2016 (SARMRA) 2016 16
1 12 31 2016 2015 426,230 362,301 17.6% 361,649 308,081 17.4% 50,590 40,855 23.8% 13,991 13,365 4.7% * 109,147 97,582 11.9% 6,038 32,297-81.3% / (7,094) 10,209 6,460 5,060 27.7% 17
* 12 31 2016 2015 6,210 1,708 263.6% 37,243 27,476 35.5% 24,854 24,541 1.3% 27,851 32,285-13.7% 12,018 11,115 8.1% 971 457 112.5% 109,147 97,582 11.9% 18
2 12 31 2016 2015 407,045 352,219 15.6% 360,922 313,612 15.1% 40,513 34,398 17.8% 5,610 4,209 33.3% 5,316 2,264 134.8% 15,883 33,491-52.6% 52,022 35,569 46.3% 4,767 4,320 10.3% 31,854 27,458 16.0% 4,859 7,428-34.6% 2016 5 1 1,048 743 41.0% 19
3 12 31 2016 2015 14,732 40,921-64.0% 2,093 557 275.8% 852 1,753-51.4% 6,165 2,700 128.3% 4 42.57 60.4% 5 191.27 44.9% 20
1 2016 12 31 2015 12 31 2,453,283 2,287,639 7.2% 538,325 562,622-4.3% 594,730 504,075 18.0% 766,423 770,516-0.5% 209,124 137,990 51.6% 43,538 21,503 102.5% 67,046 76,096-11.9% 226,573 207,267 9.3% 6,333 6,333 1,191 1,237-3.7% 119,766 47,175 153.9% 21
2 2016 12 31 2015 12 31 * 1,847,986 1,715,985 7.7% 195,706 84,106 132.7% 81,088 31,354 158.6% 87,725 107,774-18.6% 39,038 30,092 29.7% 16,170 2,643 511.8% 37,998 67,994-44.1% 7,768 16,953-54.2% 2.752019 6 17 9.482019 9 27 9.402019 9 30 1 2017 6 9 22
* 2016 2015 12 31 12 31 1,762,363 1,652,469 77,837 57,024 7,786 6,492 1,847,986 1,715,985 3 3,036.212015 5.9% 1 670.46 5,383.25 23
2 3 12 31 2016 2015 89,098 (18,811) (104,703) 67,047 6,270 (19,415) 285 241 18.3% / (9,050) 29,062 24
2016 2015 12 31 12 31 639,396 633,779 677,768 702,076 228,080 195,553 280.34% 324.10% 297.16% 359.02% 2016 1 1 25
4 2016 2015 430,498 363,971 (1,758) (978) 428,740 362,993 (2,510) (692) 426,230 362,301 1 109,147 97,582 2 6,038 32,297 / 3 (7,094) 10,209 6,460 5,060 540,781 507,449 4 (253,157) (221,701) 4 (27,269) (21,009) 4 (126,619) (109,509) 5 (5,316) (2,264) (15,883) (33,491) (52,022) (35,569) 6 (4,767) (4,320) (31,854) (27,458) (4,859) (7,428) 7 (1,048) (743) (522,794) (463,492) 8 5,855 1,974 9 23,842 45,931 10 (4,257) (10,744) 19,585 35,187 19,127 34,699 458 488 11 0.66 1.22 4 26
2016 2015 / (44,509) 54,080 (6,038) (32,297) 17,372 (12,767) (864) 353 21 10 10 8,242 (2,242) (25,776) 7,137 (25,776) 7,137 (6,191) 42,324 (6,647) 41,775 456 549 27
1 2016 2015 24,854 24,541 17,499 18,526 5,683 1,382 19,744 8,950 527 326 27,851 32,285 12,018 11,115 971 368 89 109,147 97,582 201688,876201588,306 2 2016 2015 189 (4) (143) 46 (4) 8,505 32,622 (2,513) (321) 5,992 32,301 6,038 32,297 2016 12 31 1,6152015147 8982015174 1432015 28
3 / 2016 2015 (918) 766 (6,319) 9,324 191 180 (48) (61) (7,094) 10,209 4 2016 12 31 253,824 (667) 253,157 27,519 (250) 27,269 127,156 (537) 126,619 408,499 (1,454) 407,045 2015 12 31 221,949 (248) 221,701 21,166 (157) 21,009 109,847 (338) 109,509 352,962 (743) 352,219 5 29
6 2016 2015 3,126 3,430 1,460 784 181 106 4,767 4,320 7 2009 1 1 20082 (i) 0.15%0.05% (ii) 0.8%0.15% (iii) 0.8% 0.08% 0.05% 1% 8 2016 2015 1 1 47,175 44,390 68,387 766 5,855 2,984 (820) (604) (831) 649 (i) (1,010) 12 31 119,766 47,175 (i) 2016 12 313.47 2015 12 31 10.12016 12 31 2016 12 312016 30
2015 2016 12 31 12 31 (i) 32,162 22,553 23,492 4,675 (491) 50,229 43.686% (ii) 11,245 12,397 551 (248) (20) 12,680 29.991% (1,010) 6,000 7,812 463 (135) (211) 7,929 40.00% 1,339 1,397 22 1,419 35.00% (iii) 20,000 20,000 20,000 43.86% (iv) 9,948 246 9,698 285 (266) 444 10,407 80,694 44,405 53,190 5,996 (649) (278) 102,664 (1,010) 306 306 (5) 301 51.00% (iv) 18,068 2,464 15,197 (136) (171) (553) 16,801 18,374 2,770 15,197 (141) (171) (553) 17,102 99,068 47,175 68,387 5,855 (820) (831) 119,766 (1,010) 31
(i) 2016 2 29 IBM CreditIBM CREDIT LLC 6.39IBM Credit 3,648,276,6453,080,479,452 IBM Credit567,797,193 2332016 8 29 43.686% (ii) 2016 5 12 20150.05 952016 8 18 2016 0.079 153 (iii) 2016 1220043.86% 2016 12 31 (iv) 2016 12 31 43.686% 29.991% 40.00% 35.00% 43.86% 51.00% 32
2015 12 31 20.00% 29.998% 40.00% 35.00% 51.00% 2016 12 312016 2,047,592 151,265 72,773 11,287 37,231 799 1,941,618 101,935 52,950 8,710 5,014 208 105,974 49,330 19,823 2,577 32,217 591 105,974 43,999 19,823 2,496 32,217 591 (i) 3,163 (1,576) 109,137 42,423 19,823 2,496 32,217 591 43.686% 29.991% 40.00% 35.00% 43.86% 51.00% 50,229 13,690 7,929 1,419 20,000 301 (1,010) 50,229 12,680 7,929 1,419 20,000 301 55,318 37,748 55,728 375 2,339 1 / 9,504 4,446 1,157 66 631 (9) (1,070) (164) (526) 8,434 4,282 631 66 631 (9) 33
2015 12 312015 1,836,587 148,185 65,634 8,598 600 1,739,047 99,995 46,103 6,146 97,540 48,190 19,531 2,452 600 97,540 41,231 19,531 2,452 600 (i) 239 97,540 41,470 19,531 2,452 600 20.00% 29.998% 40.00% 35.00% 51.00% 22,553 13,407 7,812 1,397 306 (1,010) 22,553 12,397 7,812 1,397 306 54,735 31,226 46,829 390 9,064 2,251 2,258 15 1,028 (80) 379 (15) 10,092 2,171 2,637 2016 12 312015 12 31 2016 12 31 2,9912015 12 31 (i) 9 / 2016 2015 15,955 13,045 838 824 1,798 1,678 2,083 2,036 (582) (812) 58 60 34
10 (a) 2016 2015 5,200 15,408 (943) (4,664) 4,257 10,744 (b) 25% (2015 25%) 2016 2015 23,842 45,931 5,961 11,483 (i) (6,080) (3,324) (i) 4,259 2,655 58 1 (49) (41) 108 (30) 4,257 10,744 (i) 35
(c) 2016 12 312015 12 31 25% / (i) (ii) (iii) 2015 1 1 (8,316) (12,095) 1,036 (19,375) 3,673 843 148 4,664 (5,445) (5,445) 3,192 3,192 11 11 2015 12 31 (1,451) (16,686) 1,184 (16,953) 2016 1 1 (1,451) (16,686) 1,184 (16,953) (614) 1,126 431 943 12,639 12,639 (4,343) (4,343) (54) (54) 2016 12 31 (6,408) (2,975) 1,615 (7,768) (i) 20092008 12 31 (ii) / (iii) 2016 12 31 8072015 12 31 727 2192015 12 31 186 36
(d) 2016 12 31 2015 12 31 12 3,024 9,528 12 3,626 2,639 6,650 12,167 12 (13,037) (26,850) 12 (1,381) (2,270) (14,418) (29,120) (7,768) (16,953) 11 2016 28,264,705,0002015 28,264,705,000 12 2016 5 302015 0.42 11,871 2016 2016 12 31 2016386 2017 3 23 2016 0.246,784 2016 37
2016 2015 12 31 12 31 30,389 26,974 1,191 1,237 119,766 47,175 594,730 504,075 226,573 207,267 538,325 562,622 6,333 6,333 766,423 770,516 209,124 137,990 43,538 21,503 55,945 49,552 13,421 11,913 2,134 1,420 22,013 23,642 67,046 76,096 2,696,951 2,448,315 38
2016 2015 12 31 12 31 1,847,986 1,715,985 195,706 84,106 87,725 107,774 16,170 2,643 37,998 67,994 2,031 856 81,088 31,354 39,038 30,092 35,252 32,266 36,836 26,514 7,768 16,953 1,214 5,347 491 217 2,389,303 2,122,101 28,265 28,265 7,791 7,791 145,007 163,381 122,558 123,055 303,621 322,492 4,027 3,722 307,648 326,214 2,696,951 2,448,315 39
2015 1 1 28,265 145,919 109,937 3,210 287,331 34,699 488 35,187 7,076 61 7,137 7,076 34,699 549 42,324 80 80 7,791 7,791 10,090 (10,090) (11,491) (11,491) (117) (117) 296 296 7,791 10,386 (21,581) (37) (3,441) 2015 12 31 28,265 7,791 163,381 123,055 3,722 326,214 2016 1 1 28,265 7,791 163,381 123,055 3,722 326,214 19,127 458 19,585 (25,774) (2) (25,776) (25,774) 19,127 456 (6,191) 7,367 (7,367) (12,257) (12,257) (151) (151) 33 33 7,400 (19,624) (151) (12,375) 2016 12 31 28,265 7,791 145,007 122,558 4,027 307,648 40
2016 2015 23,842 45,931 (109,147) (97,582) / 1,056 (42,506) 131,354 112,142 2,083 2,036 (582) (812) (5,855) (1,974) (76,318) (100,089) 1,539 403 124,466 70,482 (9,331) (8,380) 5,465 1,225 526 313 89,098 (18,811) 10,447 11,546 50,101 41,806 508,476 400,451 114 199 (11) 3,875 (173,628) (53,340) (537,012) (522,787) (5,310) (8,384) (65,158) (766) / 37,515 124,838 / (22,035) (9,602) 78,891 81,688 20,390 8,828 / (7,483) (11,305) (104,703) 67,047 41
2016 2015 / 49,999 (13,757) 7,791 (4,891) (4,471) (12,257) (11,491) (151) (117) 13,831 2,939 2,630 (30,000) (13,200) 6,270 (19,415) 285 241 / (9,050) 29,062 76,096 47,034 67,046 76,096 64,364 74,135 2,682 1,961 42
1 (i) (ii) (iii) (iv) 2 / / 3 43
2016 12 31 361,905 54,010 14,583 430,498 3,871 29,524 188,415 140,095 361,649 50,590 13,991 426,230 103,723 4,122 403 899 109,147 / 5,823 231 23 (39) 6,038 / (6,436) (255) (25) (378) (7,094) 1,345 86 5,919 (890) 6,460 890 (890) 466,104 54,774 14,392 6,401 (890) 540,781 (251,155) (1,977) (25) (253,157) (21,958) (5,311) (27,269) (109,767) (16,578) (274) (126,619) (5,091) (225) (5,316) (15,787) (96) (15,883) (38,459) (6,906) (4,441) (2,216) (52,022) (4,395) (174) (17) (181) (4,767) (22,248) (4,373) (2,899) (2,334) (31,854) (3,666) (256) (467) (1,360) 890 (4,859) (853) (34) (3) 890 (804) (138) (106) (1,048) (451,372) (52,681) (13,540) (6,091) 890 (522,794) 5,855 5,855 14,732 2,093 852 6,165 23,842 (4,257) 19,585 19,127 458 (23,433) (930) (91) (1,320) (25,774) 1,490 257 196 140 2,083 44
2016 12 31 2,379,782 92,220 8,906 27,392 2,508,300 8,165 6,776 491 119,766 135,198 2,387,947 98,996 9,397 147,158 2,643,498 30,389 23,064 2,696,951 1,762,363 77,837 7,786 1,847,986 183,773 11,933 195,706 77,649 3,081 302 56 81,088 73,277 3,563 338 18,194 95,372 2,097,062 96,414 8,426 18,250 2,220,152 169,151 2,389,303 45
2015 12 31 308,169 42,041 13,761 363,971 3,476 28,119 177,871 98,703 308,081 40,855 13,365 362,301 93,819 2,983 344 436 97,582 / 31,259 992 115 (69) 32,297 / 9,863 313 36 (3) 10,209 1,074 61 5,006 (1,081) 5,060 1,081 (1,081) 444,096 45,204 13,860 5,370 (1,081) 507,449 (219,944) (1,737) (20) (221,701) (16,858) (4,151) (21,009) (93,668) (15,803) (38) (109,509) (2,076) (188) (2,264) (33,328) (163) (33,491) (24,921) (5,528) (3,813) (1,307) (35,569) (4,054) (129) (15) (122) (4,320) (18,293) (3,811) (3,136) (2,218) (27,458) (6,345) (327) (840) (997) 1,081 (7,428) (1,044) (33) (4) 1,081 (546) (103) (94) (743) (403,175) (44,647) (12,107) (4,644) 1,081 (463,492) 1,974 1,974 40,921 557 1,753 2,700 45,931 (10,744) 35,187 34,699 488 6,359 202 23 492 7,076 1,388 263 240 145 2,036 46
2015 12 31 2,243,403 69,565 7,968 14,900 2,335,836 7,904 4,917 475 47,175 60,471 2,251,307 74,482 8,443 62,075 2,396,307 26,974 25,034 2,448,315 1,652,469 57,024 6,492 1,715,985 74,046 10,060 84,106 29,329 931 108 986 31,354 94,589 3,278 401 3,499 101,767 1,850,433 71,293 7,001 4,485 1,933,212 188,889 2,122,101 47
2016 1 1 / 1 2016 1 1 27 2016 1 1 10 12 28 2016 1 1 11 2016 1 1 1 1 48
27 10 12 28 10 10 12 9 12 28 10 10 12 28 11 11 3 2016 12 31 2014 9 2012-2014 49
2016 1 1 / 7 2017 1 1 12 2017 1 1 2 2018 1 1 9 2018 1 1 15 2018 1 1 15 15 2018 1 1 4 4 9 2018 1 1 16 2019 1 1 10 28 7 7 2017 1 1 50
12 12 2017 1 1 2 2016 6 2 2018 1 1 9 2014 7 9 39 9 2018 1 1 9 51
1515 5 2016 4 15 15 2018 1 1 15 44 9 4 9 17 4 9 9 2021 1 1 2018 99 2018 1 1 9 9 52
16 162016 117 4 15 27 17 12 17 16 17 16 17 2019 1 115 2017 10 28 10 28 10 28 10 28 2016 122014-2016 53
25% 4.6% 0.2% 5% 13% 17% 10% 2016 12 31 2015 12 31 2016 2015 12 31 12 31 A 349,528 268,729 B 332,317 335,500 C (29,787) (43,951) D (B + C) 302,530 291,549 E (A + D) 652,057 560,277 F 53,952 35,684 G (4,641) (4,155) H (F + G) 49,311 31,528 54
2016 2015 12 31 12 31 46,326 28,851 375 371 2,610 2,306 49,311 31,528 55
2016 A 560,277 B 52,168 C 49,311 D (1,792) E (31,029) F 48,116 G (13,973) H 651 I (12,257) J 585 K 2016 12 31 A J 652,057 B J B 2016 C 2016 D 2016 E 2016 F 64,335 16,218 G 2016 H I 2016 J 56
302,530 49,311 1 50 289,475 47,069 2 50 316,555 51,712 3 50 353,748 57,745 4 50 251,560 40,898 5 10% 298,764 46,623 6 10% 306,295 51,998 7 10% 10% 300,225 48,696 8 10% 10% 304,829 49,926 9 10% 301,530 48,340 10 10% 303,441 50,251 11 10% 298,350 48,385 12 10% 306,744 50,238 2015 355,613 269,939 31,912 2015 57
H H 2017 4 29 2017 5 31H H 2017 4 284 30 H 183 17 1712-1716 H 0.24 67.84 2017 5 312017 8 4 2017 6 15 H 2017 6 10 2017 6 15 H H 2017 6 9 4 30 H 183 17 1712-1716 58
2008 1 1 H 2016 10% H H 2016H H H 10% 10% H 10% 10% H 10% 20% H 20% 20% 59
H H A 2016 2017 6 20 A 2016 A A 10% 10% A H H HH 2017 8 9 H 2014 11 17 [2014]81 H20% 60
H H 2016 12 31 2016 (http://www.e-chinalife.com) (http://www.hkexnews.hk) 2017 3 23 61