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2016 18 63 6305 88 35 18 63 6305 www.fehorizon.com 3360

+ 20 2011 3 30 4 5

2016 L

1,660 20%28.8 15% 1% 200% 6 7

2016

2016 20162016 1,6602,000 20% 2016139 18% 201628.8 15% 2001 2016 7 2016 500 8 9

2016 2016 0.99% 30 0.98%200% + 20 7,000

(PPP) 10 11

2016 13,928,369 11,795,983 10,060,717 7,868,382 6,486,395 8,139,285 6,849,330 6,457,748 5,170,398 4,333,589 3,820,487 3,850,659 2,709,366 2,245,431 1,525,721 2,113,804 1,206,807 1,009,959 573,800 797,111 (145,207) (110,813) (116,356) (121,247) (170,026) (5,735,538) (4,771,610) (4,106,547) (2,890,185) (2,908,365) (4,131,599) (3,963,282) (3,422,599) (2,464,876) (2,208,405) (1,603,939) (808,328) (683,948) (425,309) (699,960) (1) 5,330,998 4,440,828 3,961,209 3,135,357 2,427,047 4,072,470 3,579,725 3,211,200 2,600,741 2,076,020 2,882,208 2,503,109 2,295,954 1,912,744 1,518,577 0.74 0.70 0.70 0.58 0.48 0.74 0.70 0.70 0.58 0.48 (2) 1.92% 2.06% 2.37% 2.61% 2.82% (3) 13.00% 13.35% 15.19% 14.18% 13.72% (4) 3.04% 2.62% 3.30% 3.91% 4.27% (5) 1.79% 1.22% 2.01% 2.76% 3.02% (6) 35.06% 36.04% 38.06% 37.86% 33.98%

166,560,921 139,312,889 110,726,124 86,512,872 60,570,275 139,798,341 121,970,478 100,828,572 80,745,756 57,587,210 141,714,820 116,351,469 93,276,231 72,348,002 47,714,829 106,937,588 83,428,801 71,777,837 56,554,478 36,751,959 85.08% 83.52% 84.24% 83.63% 78.78% 24,846,101 22,961,420 17,449,893 14,164,870 12,855,446 22,959,230 21,391,037 16,112,952 14,125,342 12,844,482 5.81 5.41 4.89 4.30 3.90 148,699,641 128,291,002 104,545,229 83,085,680 59,706,865 137,335,079 112,966,022 90,313,636 70,255,960 46,816,315 (7) 0.99% 0.97% 0.91% 0.80% 0.73% (8) 212.13% 201.24% 218.66% 219.19% 213.87% (9) 29.82% 27.39% 19.02% 2.47% 0.00% 30 (10) 0.98% 1.08% 0.91% 0.45% 0.30% (1) = + (2) = (3) = (4) = (5) = (6) = (7) = (8) = (9) = (10) 30= 30 12 13

2016 1. 1.1 6.7%0.2% 8.1% 10.13.2 10.710.4% 17.82.4 12.41.2 16.8%2.2 1.2 7.8%1.7 GDP51.6%50% 6.0%

1.3 20167,400 64% 2.55.3 1.4 + PPP 14 15

2016 2. 2.1 + 4,072,470 13.76% 2,882,208 15.15% % 13,928,369 11,795,983 18.08% (5,735,538) (4,771,610) 20.20% 8,192,831 7,024,373 16.63% 477,443 510,032-6.39% (2,875,622) (2,556,557) 12.48% (306,790) (454,489) -32.50% (157,755) (122,221) 29.07% 591 (310) -290.65% 300 5,330,998 4,400,828 21.14% (1,258,528) (821,103) 53.27% 4,072,470 3,579,725 13.76% (1,130,683) (999,734) 13.10% 2,941,787 2,579,991 14.02% 2,882,208 2,503,109 15.15% 78,284 73,080 7.12% (18,705) 3,802-591.98%

2.2 13,928,369 11,795,98318.08% 11,959,77284.98% 11.77%75.16% % % % 11,959,772 84.98% 10,699,989 89.86% 11.77% 8,139,285 57.83% 6,849,330 57.52% 18.83% 3,820,487 27.15% 3,850,659 32.34% -0.78% 2,113,804 15.02% 1,206,807 10.14% 75.16% 14,073,576 100.00% 11,906,796 100.00% 18.20% (145,207) (110,813) 31.04% 13,928,369 11,795,983 18.08% 24.45% 37.06% 13.33% 42.43% 16 17

2016 % % % 3,766,582 26.76% 3,026,497 25.42% 24.45% 2,326,356 16.53% 1,697,344 14.26% 37.06% 2,882,294 20.48% 2,543,229 21.36% 13.33% 1,013,900 7.20% 926,967 7.79% 9.38% 929,889 6.61% 977,589 8.21% -4.88% 1,198,857 8.52% 1,055,890 8.87% 13.54% 522,897 3.72% 367,125 3.08% 42.43% 806,628 5.73% 774,200 6.50% 4.19% 597,118 4.24% 533,033 4.48% 12.02% 29,055 0.21% 4,922 0.03% 490.31% 14,073,576 100.00% 11,906,796 100.00% 18.20%

2.2.1 6,849,330 18.83%8,139,285 57.83% (1) (2) (3) (1) (2) (3) % % 31,118,740 2,074,103 6.67% 27,235,413 1,751,974 6.43% 22,640,699 1,445,295 6.38% 17,062,899 1,087,631 6.37% 19,508,453 1,235,132 6.33% 17,832,175 1,147,681 6.44% 10,377,294 645,558 6.22% 9,614,874 585,171 6.09% 12,393,265 726,396 5.86% 11,536,878 668,613 5.80% 14,021,272 763,275 5.44% 11,058,754 624,802 5.65% 5,719,493 332,381 5.81% 3,693,743 178,030 4.82% 8,678,148 527,682 6.08% 6,923,040 468,443 6.77% 7,140,038 380,961 5.34% 5,237,752 336,245 6.42% 153,535 8,502 5.54% 80,324 740 0.92% 131,750,937 8,139,285 6.18% 110,275,852 6,849,330 6.21% (1) (2) (3) (4) 18 19

2016 110,275,852 131,750,93719.47% 34.47% 6.18% 6.21%0.03 (i) 6.00%4.75%125 0.50 (ii) 17%6% 0.45 71.6% 60.3%11.3 % % 708,644 8.71% 525,127 7.67% 909,107 11.17% 701,016 10.23% 2,672,626 32.84% 2,660,500 38.85% 779,281 9.57% 698,051 10.19% 1,171,247 14.39% 1,028,411 15.01% 434,057 5.33% 226,393 3.31% 1,464,323 17.99% 1,009,832 14.74% 8,139,285 100.00% 6,849,330 100.00%

2.2.2 3,820,487 27.15% 32.34% % % % 840,816 22.01% 951,562 24.71% -11.64% 765,162 20.03% 599,755 15.58% 27.58% 687,215 17.99% 736,960 19.14% -6.75% 200,507 5.25% 179,205 4.65% 11.89% 203,493 5.33% 296,414 7.70% -31.35% 435,582 11.40% 416,963 10.83% 4.47% 190,516 4.99% 189,095 4.91% 0.75% 268,244 7.02% 283,917 7.37% -5.52% 216,156 5.66% 196,788 5.11% 9.84% 12,796 0.32% 3,820,487 100.00% 3,850,659 100.00% -0.78% 20 21

2016 % % 263,015 6.88% 334,500 8.69% 685,490 17.94% 372,202 9.67% 1,065,060 27.88% 1,281,912 33.29% 310,402 8.12% 344,818 8.95% 457,061 11.96% 570,962 14.83% 244,100 6.39% 220,592 5.73% 795,359 20.83% 725,673 18.84% 3,820,487 100.00% 3,850,659 100.00%

2.2.3 1,206,807 75.16%2,113,804 15.02% % % % 2,113,804 100.00% 1,206,807 100.00% 75.16% 830,314 39.28% 601,200 49.82% 38.11% 626,028 29.62% 194,477 16.12% 221.90% 257,472 12.18% 120,356 9.97% 113.93% 79,058 3.74% 96,620 8.01% -18.18% 115,898 5.48% 9,958 0.83% 1,063.87% 830,314 39.28%38.11% 7,000 3,3004,4002,000 14.154.5532% 1.18 22 23

2016 123 2 4 2930 100% 115,898 9,9581,063.87% 257,472113.93% 2.3 5,735,538 4,771,61020.20% 4,131,59972.04%1,603,939 27.96% % % % 4,131,599 72.04% 3,963,282 83.06% 4.25% 1,603,939 27.96% 808,328 16.94% 98.43% 5,735,538 100.00% 4,771,610 100.00% 20.20%

2.3.1 (1) (2) (1) (2) 94,172,927 4,131,599 4.39% 79,367,236 3,963,282 4.99% (1) (2) 3,963,2824,131,599 4.39%(i) 26%41% FT 0.26% (ii) 42%0.33% (iii) 6% 0.29% (iv) ABS0.30% 24 25

2016 2.3.2 % % % 1,603,939 100.00% 808,328 100.00% 98.43% 559,180 34.86% 343,584 42.51% 62.75% 459,564 28.65% 132,362 16.37% 247.20% 232,015 14.47% 114,263 14.14% 103.05% 60,314 3.76% 55,973 6.92% 7.76% 71,888 4.48% 5,971 0.74% 1,103.95% 343,58462.75% 559,180 71,8885,971 1,103.95% 232,015103.05%

2.4 8,192,8317,024,3731,168,458 16.63%58.82% 59.55% 2.4.1 65.45% 62.96% % (1) 8,139,285 6,849,330 18.83% (2) 4,131,599 3,963,282 4.25% 4,007,686 2,886,048 38.86% (3) 1.79% 1.22% 0.57% (4) 3.04% 2.62% 0.42% (1) (2) (3) (4) 1.79%1.22%0.57 603 2.2.1 2.3.1 2,886,04838.86%4,007,686 19.47% 3.04%2.62%0.42 26 27

2016 2.4.2 398,47927.95%509,865 271,134 166,464 53.18% 32.65% 31.94% 26.59% 44,01037.97%2 121 25,4579.89% % % % 509,865 100.00% 398,479 100.00% 27.95% 271,134 53.18% 257,616 64.65% 5.25% 166,464 32.65% 62,115 15.59% 167.99% 25,457 4.99% 6,093 1.53% 317.81% 18,744 3.68% 40,647 10.20% -53.89% 44,010 8.63% 3,987 1.00% 1,003.84%

2.5 % 41,183 56,163-26.67% (1) 43,129 188,114-77.07% 18,871 6,597 186.05% (2) 9,471 130,508-92.74% (3) 100,279 (4) 141,817 11,898 1,091.94% 13,293 48,235-72.44% (5) 92,907 67,203 38.25% 16,493 1,314 1,155.18% 477,443 510,032-6.39% (1) (2) (3) (4) (5) 28 29

2016 2.6 2,875,622319,065 12.48% 281,30815.42% 6,0848,184 35.06% 36.04% 2.7 306,790147,699 32.50% 61,268 16,48744,781 2.8 1,130,683130,949 13.10% 27.8%27.9%0.1 % 25.0% 25.0% (1) 2.1% 3.7% -1.6% (2) 0.7% -0.8% 1.5% 27.8% 27.9% -0.1% (1) (2)

2.9 2,882,208379,099 15.15%21.12%21.87% 3. 3.1 166,560,92127,248,032 19.56%138,801,37718,235,06815.12% % % % 138,801,377 83.33% 120,566,309 86.54% 15.12% 2,051,307 1.23% 2,500,665 1.79% -17.97% 2,461,364 1.48% 2,640,891 1.90% -6.80% 7,592,238 4.56% 3,636,873 2.61% 108.76% 1,907,364 1.15% 1,300,724 0.93% 46.64% 4,995,714 3.00% 3,357,879 2.41% 48.78% 1,215,828 0.73% 1,150,026 0.83% 5.72% 1,404,870 0.84% 1,187,975 0.85% 18.26% 263,700 0.16% 289,889 0.17% 427,142 0.31% -32.13% 721,239 0.43% 244,132 0.18% 195.43% 1,382,876 0.83% 1,117,234 0.80% 23.78% 246,057 0.15% 114,793 0.08% 114.35% 44,129 0.03% 42,387 0.03% 4.11% 748,821 0.45% 359,452 0.26% 108.32% 2,398,981 1.44% 569,062 0.41% 321.57% 35,167 0.02% 97,345 0.07% -63.87% 166,560,921 100.00% 139,312,889 100.00% 19.56% 30 31

2016 3.2 83.34% % % % 139,798,341 121,970,478 14.62% (2,946,686) (2,380,751) 23.77% (1) 136,851,655 98.60% 119,589,727 99.19% 14.43% (2) 1,949,722 1.40% 976,582 0.81% 99.65% 138,801,377 120,566,309 15.12% (1) (2) 3.2.1 139,798,341 121,970,47814.62%

3.2.2 % % % 31,584,432 22.59% 28,854,340 23.66% 9.46% 25,262,019 18.07% 19,831,084 16.26% 27.39% 20,408,257 14.60% 19,570,163 16.04% 4.28% 11,305,210 8.09% 9,447,205 7.74% 19.67% 12,570,982 8.99% 12,383,851 10.15% 1.51% 15,155,313 10.84% 12,764,877 10.47% 18.73% 6,326,613 4.53% 4,800,342 3.94% 31.80% 9,722,460 6.95% 7,706,454 6.32% 26.16% 7,281,104 5.21% 6,540,732 5.36% 11.32% 181,951 0.13% 71,430 0.06% 154.73% 139,798,341 100.00% 121,970,478 100.00% 14.62% 2,730,092 5,430,935 32 33

2016 3.2.3 % % 11,884,952 8.50% 9,653,007 7.91% 18,197,391 13.02% 11,534,818 9.46% 43,638,738 31.22% 44,395,257 36.40% 13,537,396 9.68% 12,530,028 10.27% 19,000,338 13.59% 18,659,555 15.30% 8,875,007 6.35% 5,830,127 4.78% 24,664,519 17.64% 19,367,686 15.88% 139,798,341 100.00% 121,970,478 100.00% 3.2.4 % % % 1 80,457,796 57.55% 67,753,107 55.55% 18.75% 1-2 36,838,840 26.35% 31,936,459 26.18% 15.35% 2-3 13,728,718 9.82% 15,807,212 12.96% -13.15% 3 8,772,987 6.28% 6,473,700 5.31% 35.52% 139,798,341 100.00% 121,970,478 100.00% 14.62% 57.55%

3.2.5 % % % 1 53,359,728 38.17% 46,742,416 38.32% 14.16% 1-2 39,550,951 28.29% 35,302,937 28.94% 12.03% 2-3 26,164,131 18.72% 22,085,071 18.11% 18.47% 3 20,723,531 14.82% 17,840,054 14.63% 16.16% 139,798,341 100.00% 121,970,478 100.00% 14.62% 38.17% 3.2.6 3.2.6.1 34 35

2016 30

AB + HSE 36 37

2016

% % % % 124,443,723 89.02% 105,643,641 86.61% 86,066,609 85.36% 68,819,144 85.23% 13,965,494 9.99% 15,143,803 12.42% 13,841,631 13.73% 11,280,176 13.97% 853,232 0.61% 793,889 0.65% 597,030 0.59% 259,905 0.32% 535,892 0.38% 389,145 0.32% 323,302 0.32% 386,531 0.48% 139,798,341 100.00% 121,970,478 100.00% 100,828,572 100.00% 80,745,756 100.00% 1,389,124 1,183,034 920,332 646,436 0.99% 0.97% 0.91% 0.80% 9.99%12.42%2.43% 22.87% 2016 16.47% 15.60% 13.32% 38 39

2016 % % % % 2,299,614 16.47% 2,665,640 17.60% 2,163,851 15.63% 1,319,246 11.70% 816,376 5.85% 1,228,615 8.11% 1,092,498 7.89% 893,569 7.91% 1,286,848 9.21% 984,774 6.50% 1,208,022 8.73% 993,563 8.81% 3,193,299 22.87% 3,803,153 25.11% 3,203,122 23.14% 3,005,841 26.65% 1,860,066 13.32% 2,059,459 13.60% 2,002,526 14.47% 1,230,813 10.91% 2,178,558 15.60% 1,988,419 13.13% 1,676,805 12.11% 997,917 8.85% 929,650 6.66% 464,485 3.07% 220,133 1.59% 78,540 0.70% 657,479 4.71% 1,027,950 6.79% 1,043,528 7.54% 1,069,806 9.48% 743,604 5.31% 915,313 6.05% 1,145,490 8.28% 1,690,881 14.99% 0.00% 5,995 0.04% 85,656 0.62% 13,965,494 100.00% 15,143,803 100.00% 13,841,631 100.00% 11,280,176 100.00%

6.84% 6.60% 8.59% 15.55% 40.15% 43.05% 51.83% 40.77% 4.39% 2.18% 2.16% 0.22% 1.21% 1.42% 0.07% 0.39% 47.41% 46.75% 37.35% 43.07% 100.00% 100.00% 100.00% 100.00% 0.97%0.99% 40.13% 22.55% 13.35% 12.65% 40 41

2016 % % % % 25,244 1.82% 13,196 1.11% 8,116 0.88% 5,921 0.91% 11,641 0.84% 1,607 0.14% 3,557 0.39% 8,071 1.25% 175,729 12.65% 223,328 18.88% 101,783 11.06% 88,931 13.76% 557,433 40.13% 422,961 35.75% 478,051 51.94% 212,565 32.88% 313,235 22.55% 313,142 26.47% 184,098 20.00% 198,641 30.73% 185,474 13.35% 97,468 8.24% 120,802 13.13% 81,259 12.57% 44,094 3.17% 25,371 2.14% 9,048 0.98% 19,788 3.06% 7,800 0.56% 20,526 1.74% 14,877 1.62% 31,260 4.84% 5,000 0.36% 63,474 4.57% 65,435 5.53% 1,389,124 100.00% 1,183,034 100.00% 920,332 100.00% 646,436 100.00%

% % % % 17,986 2.10% 7,724 0.97% 3,403 0.57% 1,779 0.30% 94,396 11.06% 157,634 19.86% 56,582 9.48% 22,086 8.50% 446,826 52.37% 281,559 35.46% 302,711 50.70% 108,819 41.87% 217,532 25.50% 237,288 29.89% 119,926 20.09% 100,492 38.66% 61,427 7.20% 61,742 7.78% 104,415 17.49% 21,855 8.41% 15,065 1.77% 21,287 2.68% 4,909 0.82% 3,949 1.52% 16,445 2.07% 3,305 0.55% 2,704 1.04% 10,210 1.29% 853,232 100.00% 793,889 100.00% 597,030 100.00% 259,905 100.00% 42 43

2016 % % % % 7,258 1.35% 5,472 1.41% 4,713 1.46% 5,921 1.53% 11,641 2.17% 1,607 0.41% 1,778 0.55% 8,071 2.09% 81,333 15.18% 65,694 16.88% 45,201 13.98% 66,845 17.29% 110,607 20.64% 141,402 36.34% 175,340 54.23% 103,746 26.84% 95,703 17.86% 75,854 19.49% 64,172 19.85% 98,149 25.39% 124,047 23.15% 35,726 9.18% 16,387 5.07% 59,404 15.37% 29,029 5.42% 4,084 1.05% 4,139 1.28% 15,839 4.10% 7,800 1.46% 4,081 1.05% 11,572 3.58% 28,556 7.39% 5,000 0.93% 63,474 11.84% 55,225 14.19% 535,892 100.00% 389,145 100.00% 323,302 100.00% 386,531 100.00%

% % % % - - 44 45

2016 1,183,034 920,332 646,436 (1) 989,462 1,033,727 699,657 (94,433) (37,013) (32,440) (336,154) (481,950) (270,397) (352,785) (252,062) (122,924) 1,389,124 1,183,034 920,332 0.99% 0.97% 0.91% (1)

3.2.6.2 % % % % 558,366 18.95% 392,455 16.48% 407,940 20.27% 312,024 22.02% 2,388,320 81.05% 1,988,296 83.52% 1,604,453 79.73% 1,104,872 77.98% 2,946,686 100.00% 2,380,751 100.00% 2,012,393 100.00% 1,416,896 100.00% 1,389,124 1,183,034 920,332 646,436 212.13% 201.24% 218.66% 219.19% 3.2.6.3 352,785 252,062 122,924 10,389 1,183,034 920,332 646,436 420,520 (1) 29.82% 27.39% 19.02% 2.47% (1) 46 47

2016 352,785 129,169 106,438 56,700 53,098 738,159 15,843 3.2.6.4 30 30 30 0.98% 1.08% 0.91% 0.45% 300.98% 1.08%0.1%

30 % % 198,831 14.55% 7,928 0.60% 13,865 1.01% 4,623 0.35% 259,141 18.96% 133,061 10.09% 279,028 20.42% 649,426 49.25% 223,406 16.35% 342,669 25.98% 131,508 9.62% 69,062 5.24% 39,702 2.91% 26,276 1.99% 7,800 0.57% 20,305 1.54% 149,684 10.95% 63,474 4.66% 65,435 4.96% 1,366,439 100.00% 1,318,785 100.00% 30 % % 586,898 42.95% 655,258 49.69% 274,200 20.07% 369,224 28.00% 505,341 36.98% 294,303 22.31% 1,366,439 100.00% 1,318,785 100.00% 48 49

2016 3.3 2,051,307 2,461,364 7,592,238 4024 429 2930.07%30 0.03% 2,398,9811,829,919321.57% 1,907,364 4,995,714 1,215,828 1,404,870 721,239 1,382,876 748,821

3.4 141,714,82025,363,351 21.80%75.46% 71.70% % % % 106,937,588 75.46% 83,428,801 71.70% 28.18% 28,177,195 19.88% 22,693,575 19.51% 24.16% 2,887,321 2.04% 8,337,635 7.17% -65.37% 1,002,600 0.71% 644,112 0.55% 55.66% 92,217 0.07% 288,114 0.25% -67.99% 70,850 0.05% 129,392 0.11% -45.24% 2,398,981 1.69% 569,062 0.49% 321.57% 148,068 0.10% 260,778 0.22% -43.22% 141,714,820 100.00% 116,351,469 100.00% 21.80% 50 51

2016 3.5 14 260130(PPN)802020 10 85 243 146 2771.8 106,937,588 83,428,80128.18%

% % % 53,545,549 50.07% 41,699,533 49.98% 28.41% 53,392,039 49.93% 41,729,268 50.02% 27.95% 106,937,588 100.00% 83,428,801 100.00% 28.18% 50.07%49.98% % % % 12,719,705 11.89% 13,055,751 15.65% -2.57% 94,217,883 88.11% 70,373,050 84.35% 33.88% 106,937,588 100.00% 83,428,801 100.00% 28.18% 88.11% 52 53

2016 % % % 61,819,996 57.81% 57,708,184 69.17% 7.13% 45,117,592 42.19% 25,720,617 30.83% 75.41% 106,937,588 100.00% 83,428,801 100.00% 28.18% PPN % % % 88,511,044 82.77% 51,766,734 62.05% 70.98% 18,426,544 17.23% 31,662,067 37.95% -41.80% 106,937,588 100.00% 83,428,801 100.00% 28.18% 17.23% PPN

% % % 88,265,386 82.54% 56,311,765 67.50% 56.74% 12,069,354 11.29% 21,163,378 25.37% -42.97% 6,602,848 6.17% 5,953,658 7.13% 10.90% 106,937,588 100.00% 83,428,801 100.00% 28.18% 82.54% % % % 43,690,437 40.86% 22,050,220 26.43% 98.14% 63,247,151 59.14% 61,378,581 73.57% 3.04% 106,937,588 100.00% 83,428,801 100.00% 28.18% 40.86%PPN 54 55

2016 3.6 24,846,1011,884,681 8.21% % % % 10,213,017 41.11% 10,210,572 44.47% 0.02% 12,746,213 51.29% 11,180,465 48.70% 14.00% 22,959,230 92.40% 21,391,037 93.17% 7.33% (1) 1,231,881 4.96% 1,227,203 5.34% 0.38% 654,990 2.64% 343,180 1.49% 90.86% 24,846,101 100.00% 22,961,420 100.00% 8.21% (1) 200,000,0005.55% 4.606%5.00%

4. 4.1 (A) 166,560,921 139,312,889 (B) 141,714,820 116,351,469 24,846,101 22,961,420 (C=B/A) 85.08% 83.52% 85.08% 56 57

2016 4.2 10 6.55 5.29 136,256,718 119,918,073 2,408,413 2,721,314 133,848,305 117,196,759 20,449,035 19,263,095 6.55 6.08 40,167,598 27,874,004 1,510,316 1,078,277 38,657,282 26,795,727 7,313,405 3,789,068 5.29 7.07

5. 2,988,094 6. 6.1 2016 25.92%51.59% +100 65,369 277,617-100 (65,369) (277,617) 58 59

2016 6.2 2,468 2,26091%92% -1% 117 8,387-1% 13,874 12,987 13,991 21,374

6.3 3 3-12 1-5 5 2,722,640 19,490,692 44,910,081 96,673,418 714,573 164,511,404 109,165 23,521,554 42,508,404 75,213,310 647,880 142,000,313 2,613,475 (4,030,862) 2,401,677 21,460,108 66,693 22,511,091 2,449,884 16,602,376 40,378,365 83,112,148 173,954 142,716,727 50,726 18,359,243 39,150,463 59,511,689 867,080 117,939,201 2,399,158 (1,756,867) 1,227,902 23,600,459 (693,126) 24,777,526 7. 12,886,07699,542 748,439902,756 232,077 60 61

2016 8. 123 2 9. 8,1846,0842,100 59.25% 21.65%

10. 10.1 4,257 2,103 10.2 535,261 370,454 386,500 103,593 5,432,647 4,840,547 62 63

2016 11. L

E.1.2 64 65

2016

4 66 67

2016 3.13 A.4.1A.4.2

68 69

2016

4 74 70 71

2016

74 74 72 73

2016 4/4 0/0 1/1 4/4 1/1 4/4 0/1 4/4 0/1 3/4 0/0 0/1 4/4 4/4 0/1 4/4 2/2 0/1 3/4 0/1 0/0 0/0 3/4 0/0 0/1 4/4 4/4 1/2 0/1 4/4 2/2 0/1 4/4 4/4 0/1

74 75

2016 110-115 110-115 4,230 3,927 8,157

(a) (b) (c) (d) (e) 5% 622566568 76 77

2016 580615 2.5%50 1863 6305 86-21-50490066 IR-Horizon@fehorizon.com

E.1.2 78 79

2016 58 606506 906 2319 2388 600743 65 30

53 EMBA 22 46 MBA 21 80 81

2016 53 21 56 245) 3818) 601211)

47 KKR KKR KKRCEO KKR KKR Tau Beta Pi Edwin Howard Armstrong A 55 MBA 66 30 82 83

2016 67 40 62 30 54 Shelter Cove Capital LimitedVoras Capital Management (HK) Limited28

522011 31987 11 2001 81987 199619962010 26 42 14 84 85

2016 50 27 63 EMBA 25 44 MBA 15

44 2 14 54 IT 32 39 12 86 87

2016 4 + 5 116 0.230.23

18317 1712-1716 183 17 1712-1716 246248 13 88 89

2016 33 36 120 123 3,8004,000 13.51B(1)

80 87 90 91

2016 3 11,071 42 42 3.13 8

4%131,696,000 1% 14 1.00 92 93

2016 (i) (ii) (iii) 4,345,968 28,578,032 245 1 2 3 4 5 6 5.86 1,316,960 1,316,960 7.17 1,856,913 1,856,913 5.714 3,292,400 3,292,400 5.86 460,936 460,936 7.17 594,212 594,212 5.714 1,053,568 1,053,568 4,229,021 4,345,968 8,574,989 5.86 9,811,357 383,817 171,206 9,256,334 7.17 14,823,923 372,589 14,451,334 5.714 28,578,032 227,176 28,350,856 28,864,301 32,924,000 383,817 770,971 60,633,513

1 2 (i) (ii) 3 (i) 5.86(ii) 5.81 4 (i) 6.88(ii) 7.17 5 (i) 5.60(ii) 5.714 6 7.1172 34 17 49,385,993 98,254,133 94 95

2016 571XV XV7 8 352 (1) 17,035,684(L) (2) 0.43% 265,552,000(L) (3) 6.72% 5,757,791(L) (4) 0.15% (1) L (2) 6,466,273 9,699,411 (3) 870,000 (3) Aim Future Limited 70%265,552,000 (4) 2,108,716 3,263,075 386,000 XVXV7 8 352

XV2 3 336 (1) (2) 919,914,440(L) 23.28% (2) 919,914,440(L) 23.28% Prime Capital Management 205,911,000(L) 5.21% (Cayman) Limited JPMorgan Chase & Co. 2,641,997(L) 0.06% 15,000(L) 0.00% 411,225,745(P) 10.40% 296,316,000(L) 7.50% 528,600,000(L) 13.38% 17,035,684(L) 0.43% 265,552,000(L) (3) 6.72% Aim Future Limited 265,552,000(L) (3) 6.72% (1) LSP (2) 100% (3) Aim Future Limited 70%Aim Future Limited 336 96 97

2016 25% 2016 14 260130PPN8020 20 10 2.79% 3.03% 3.8% 2.95% PPN 4.2% PPN 4.05% 3.15% 3.46%

4% PPN 3.74% 3.97% PPN 3.56% 3% 4% (%) 3.02 0.37 (%) 27.20 10.67 5% 98 99

2016 14A 14A 2015 2015

3719,271,980 (5)1,900,00087,671,980 6,937,845 19,584,396 14A 14A.8114A.82(1) 14A 100 101

2016 958 9.7514.621.9 50%

14A 5,400,0006,500,0007,800,000 20% 20% 102 103

2016 14A 68,000,00071,000,000 75,000,000 10%10% 5% 43(vii) (xi)43 14A 14A 14A.55 (a) (b) (c)

14A.56 (a) (b) (c) (d) 104 105

2016

2007 2008 2009 2009 500 2010 2015 201650100 201640 106 107

2016 E

2016 17370 5000 17300 5020 9 200 530 108 109

2016 400 20 201650300 2016 2016 2016

Ernst & Young 22/F, CITIC Tower 1 Tim Mei Avenue Central, Hong Kong 1 22 Tel: +852 2846 9888 Fax: +852 2868 4432 116245 110 111

2016 83.33% 2.423 46 23 46 606 385 2.438 38 749 0.45% 3.01% 2.415 15

405 112 113

2016

114 115

2016 5 13,928,369 11,795,983 7 (5,735,538) (4,771,610) 8,192,831 7,024,373 5 477,443 510,032 (1,545,606) (1,452,611) (2,588,544) (1,925,049) (306,790) (454,489) 6 (157,755) (122,221) 300 591 (310) 7 4,072,470 3,579,725 10 (1,130,683) (999,734) 2,941,787 2,579,991 2,882,208 2,503,109 37 78,284 73,080 (18,705) 3,802 2,941,787 2,579,991 12 0.74 0.70

2,941,787 2,579,991 83,860 866,887 742,402 (1,072,484) (849,733) 34,099 17,710 (87,638) (89,621) 9,113 (30,629) (78,525) (120,250) (78,525) (120,250) 2,863,262 2,459,741 2,803,683 2,382,859 78,284 73,080 (18,705) 3,802 2,863,262 2,459,741 116 117

2016 13 4,995,714 3,357,879 14 1,215,828 1,150,026 15 748,821 359,452 16 2,434,148 666,407 18 1,404,870 1,187,975 19 263,700 20 289,889 427,142 21 721,239 244,132 22 478,789 696,858 23 84,721,981 73,856,030 24 2,431,140 579,575 25 1,907,364 1,300,724 26 12,600 96,137 101,626,083 83,922,337 27 246,057 114,793 28 44,129 42,387 22 904,087 420,376 23 54,079,396 46,710,279 24 5,161,098 3,057,298 26 2,448,764 2,544,754 26 2,051,307 2,500,665 64,934,838 55,390,552 29 2,887,266 8,337,635 30 8,378,115 6,431,179 22 61,059 31 53,545,549 41,699,533 1,002,600 644,112 65,874,589 57,112,459 (939,751) (1,721,907)

100,686,332 82,200,430 29 55 31 53,392,039 41,729,268 22 31,158 288,114 25 70,850 129,392 30 19,729,080 16,262,396 32 148,068 260,778 47 2,468,981 569,062 75,840,231 59,239,010 24,846,101 22,961,420 33 10,213,017 10,210,572 36 12,746,213 11,180,465 22,959,230 21,391,037 37 1,231,881 1,227,203 654,990 343,180 24,846,101 22,961,420 118 119

2016 (Note 33) (Note 36) (Note 35) (Note 36) (Note 36) (Note 37) 10,210,572 2,114,978 (252,505) 76,965 1,215 121,913 321,485 607,670 8,188,744 21,391,037 1,227,203 343,180 22,961,420 2,882,208 2,882,208 78,284 (18,705) 2,941,787 (171,498) (171,498) (171,498) 83,860 83,860 83,860 9,113 9,113 9,113 (171,498) 83,860 9,113 2,882,208 2,803,683 78,284 (18,705) 2,863,262 (633,176) (633,176) (633,176) 2015 (769,673) (769,673) (769,673) (73,606) (73,606) 33,222 (24,647) (8,575)

(Note 33) (Note 36) (Note 35) (Note 36) (Note 36) (Note 37) 2,445 (508) 1,937 1,937 166,320 166,320 166,320 521 (578) (57) 57 (1,080) 1,115 35 (35) 26 26 146,161 146,187 2,802 2,802 3,074 3,074 9,312 12,386 (3,976) (3,976) (2,704) (6,680) 174,922 174,922 10,213,017 2,114,102* (852,459)* 218,130* 656* 121,913* 149,987* 83,860* 616,783* 10,293,241* 22,959,230 1,231,881 654,990 24,846,101 * 12,746,213,00011,180,465,000 120 121

2016 (Note 33) (Note 36) (Note 35) (Note 36) (Note 36) (Note 37) 6,683,751 2,096,823 (136,260) 17,994 1,065 121,913 411,106 638,299 6,278,261 16,112,952 1,258,170 78,771 17,449,893 2,503,109 2,503,109 73,080 3,802 2,579,991 (89,621) (89,621) (89,621) (30,629) (30,629) (30,629) (89,621) (30,629) 2,503,109 2,382,859 73,080 3,802 2,459,741 3,580,765 3,580,765 3,580,765 (53,944) (53,944) (53,944) (116,245) (116,245) (116,245) 2014 (592,476) (592,476) (592,476)

(Note 33) (Note 36) (Note 35) (Note 36) (Note 36) (Note 37) (104,047) (104,047) 58,971 58,971 58,971 835 (835) (685) 685 154,484 154,484 17,342 17,342 6,978 24,320 813 813 1,447 2,260 97,698 97,698 10,210,572 2,114,978* (252,505)* 76,965* 1,215* 121,913* 321,485* 607,670* 8,188,744* 21,391,037 1,227,203 343,180 22,961,420 122 123

2016 4,072,470 3,579,725 4,289,354 4,085,503 (41,183) (56,163) (300) (591) 310 5 (13,293) (12,570) 7 41,402 (35,665) 12,006 5 (30,648) (11,898) 5 (18,871) (6,597) 41,167 (843) 355,664 228,147 23 1,258,528 821,103 2,734 25,320 51,747 47,498 7 166,320 58,971 61,268 16,487 7 700 2,802 5 (4,153) 5 (107,016) 5 (81,424) 10,046,677 8,751,334 (19,823) (115,434) (25,928) (1,742) 39,952 (19,356,949) (21,819,428) (3,920,063) (1,337,568) (1,080,325) (1,049,420) (1,702,444) (580,410) (5,531,718) 4,810,286 4,873,383 5,841,442 1,634,018 531,882 (15,154,597) (4,857,681) (4,482,880) (3,898,775) 41,183 56,163 (1,412,910) (1,589,416)

(21,009,204) (10,289,709) 5 18,871 6,597 3,119 48,227 166,652 14,386 38 (252,869) (193,742) (1,884,923) (1,876,373) (263,400) (1,071,180) (219,358) 878 1,751 5 4,153 2,040 5,403 (103,556) 258,589 204,999 (367,545) (244,132) (2,533,793) (3,207,620) 1,937 3,580,765 (53,944) 146,187 154,484 (6,680) 15,594 24,320 97,000,177 80,704,161 (74,108,878) (70,310,149) (769,673) (592,476) 1,259,852 (637,666) 347,012 83,778 35 (633,176) (116,245) 37 (73,606) (104,047) 5,759 23,178,746 12,738,740 (364,251) (758,589) 2,500,665 3,317,850 (85,107) (58,596) 2,051,307 2,500,665 124 125

2016 1. Fully Ascent Limited Far Eastern Hong Xin Co., LimitedFar East Horizon Limited 186305 2.1 (a) (b) (c)

2.1 (i)(ii) (iii) (i)(ii) (iii) 126 127

2016 2.2 10 12 28(2011) 11 14 1 16 38 16 41 27(2011) 2012-2014 27 (2011) 27 2016 12 3127 50

2.3 2 2 4 4 9 2 9 2 10 4 28(2011) 15 2 15 15 2 16 3 7 1 12 1 1 2017 1 1 2 2018 1 1 3 2019 1 1 4 2014 99 399 9 2018 1 19 128 129

2016 2.3 15 2016 615 152018 1 1 15 16174 15 27 40 17 1617 2019 1 116

2.4 20% 5 130 131

2016 2.4

2.4 132 133

2016 2.4 (a) (i) (ii) (iii)

2.4 (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) 5 134 135

2016 2.4 1.90 19.40 % 9.00 33.33 % 9.50 33.33 % 9.00 32.33 % 3.20 16.72 % 10.00 50.00%

2.4 136 137

2016 2.4 39 39 (a)(b)

2.4 (a)(b) 138 139

2016 2.4 (a)(b)

2.4 140 141

2016 2.4

2.4 39 39 142 143

2016 2.4

2.4 12 144 145

2016 2.4 (i) (ii)

2.4 146 147

2016 2.4 (a) (b) (c) (d) (e) (f) (g)

2.4 34 35 148 149

2016 2.4

2.4 150 151

2016 3. 2016 12 31748,821,000 2015 12 31 359,452,00015

3. 34 35 152 153

2016 3. 4. (a)(b) (c)(d) (e) (a) (b)(c)(d)(e)(f)

4. 11,800,744 2,127,625 13,928,369 137,578 39,846 (177,424) (4,308,009) (1,585,071) 157,542 (5,735,538) 330,369 173,975 (26,901) 477,443 (3,655,852) (516,712) 38,414 (4,134,150) (233,854) (72,419) (517) (306,790) (157,755) (157,755) 300 300 591 591 4,070,976 10,380 (8,886) 4,072,470 (1,140,961) 10,278 (1,130,683) 2,930,015 20,658 (8,886) 2,941,787 163,614,496 12,953,138 (10,006,713) 166,560,921 (141,615,753) (9,664,602) 9,565,535 (141,714,820) 1,206,860 54,402 1,261,262 54,845 352,566 407,411 1,057,405 1,930,689 2,988,094 154 155

2016 4. 10,571,802 1,224,181 11,795,983 102,534 16,294 (118,828) (4,066,663) (808,387) 103,440 (4,771,610) 498,471 15,128 (3,567) 510,032 (3,105,272) (290,333) 17,945 (3,377,660) (455,742) 1,253 (454,489) (122,221) (122,221) (6,133) 5,823 (310) 3,538,997 41,738 (1,010) 3,579,725 (984,131) (15,603) (999,734) 2,554,866 26,135 (1,010) 2,579,991 136,517,966 7,813,466 (5,018,543) 139,312,889 (115,772,841) (5,156,501) 4,577,873 (116,351,469) 830,360 16,063 846,423 56,575 219,071 275,646 1,280,164 2,208,819 3,488,983

4. (a) 13,740,931 11,579,614 166,617 184,884 20,821 31,485 13,928,369 11,795,983 (b) 10,505,918 6,281,776 557,163 439,963 11,063,081 6,721,739 10% 156 157

2016 5. 7,924,132 6,603,955 3,820,487 3,850,659 215,153 245,375 257,472 120,356 171,335 166,225 79,058 96,620 830,314 601,200 626,028 194,477 115,898 9,958 33,699 17,971 (145,207) (110,813) 13,928,369 11,795,983 41,183 56,163 18,871 6,597 30,648 11,898 13,293 48,235 7,271 1,163 9,471 130,508 43,129 188,114 92,907 67,203 107,016 18,855 81,424 4,153 9,222 151 477,443 510,032

6. 153,015 120,506 6,780 1,875 159,795 122,381 (2,040) (160) 157,755 122,221 7. 4,131,599 3,963,282 232,015 114,263 60,314 55,973 559,180 343,584 187,480 149,332 459,564 132,362 71,888 5,971 33,498 6,843 158 159

2016 7. 28,370 24,355 52,575 46,827 * (1,378) (1,378) 51,197 45,449 129,804 114,470 4,230 4,380 3,927 1,919 8 2,592,698 1,758,053 * (933,123) (277,330) 1,659,575 1,480,723 166,320 58,971 82,816 68,378 196,304 215,635 2,105,015 1,823,707 23 1,258,528 821,103 1,608 4,855 1,126 33 20,432 66,195 55,481 179,847 167,359 54,159 68,117

7. 33,595 38,073 18,621 11,419 10,968 11,077 22,690 21,457 150,806 131,314 * (194) (16,190) 150,612 115,124 13,658 28,850 ** 700 48,438 320 4,160 4,500 99,239 120,366 12,006 (1,072,484) (849,733) 1,133,752 866,220 41,402 45,744 300,810 5,839 * 32 * * 160 161

2016 8. 383(1)(a) (b) (c) (f) 2,632 2,052 6,110 6,116 * 4,300 3,500 661 657 11,071 10,273 13,703 12,325 * 2016 3435 (a) 376 342 376 342 376 342 1,128 1,026

8. (b) 376 376 342 376 342 376 342 1,504 1,026 (c) 3,873 2,500 425 6,798 2,237 1,800 236 4,273 6,110 4,300 661 11,071 3,876 2,000 423 6,299 2,240 1,500 234 3,974 6,116 3,500 657 10,273 162 163

2016 9. 2 2 3 3 5 5 8 5,766 5,751 3,900 3,900 446 442 10,112 10,093 3,500,0014,000,000 3,031,5263,464,600) 2 2 4,000,0014,500,000 3,464,6013,897,675) 4,500,0015,000,000 3,897,6764,330,750) 1 1 3 3 3435

9. 2014 2016 12 31 10. 141,093 168,937 1,622,626 1,227,458 25 (633,036) (396,661) 1,130,683 999,734 16.5% 16.5% 25%25% 15% 15% 164 165

2016 10. 4,072,470 3,579,725 1,025,268 876,612 (2,927) (559) 31,808 42,472 (9,276) (25,837) (1,483) (371) (2,915) (9,542) 9,708 2,135 (5,346) 31,149 85,846 83,675 1,130,683 999,734 11. 0.230.23 783,990 752,096 0.23 3,810,634,899 20153,903,149,860 140,148,918 201547,250,14035876,446 (2015: 897,724783,990(2015: 752,096

12. 3,879,589,066 20153,562,109,103 34 2,882,208 2,503,109 3,879,589,066 3,562,109,103 255,680 3,879,844,746 3,562,109,103 2016 12 31 3435 166 167

2016 13. 57,734 384,594 2,618,128 102,491 41,135 300,883 442,208 3,947,173 (51,385) (42,006) (365,783) (66,602) (20,091) (43,427) (589,294) 6,349 342,588 2,252,345 35,889 21,044 300,883 398,781 3,357,879 6,349 342,588 2,252,345 35,889 21,044 300,883 398,781 3,357,879 345 149,432 94,327 6,031 5,799 45,546 6,563 308,043 99,776 2,515 970,697 23,061 10,361 478,991 265,087 9,996 1,860,484 (14,192) (12,470) (277,582) (16,309) (7,764) (22,326) (5,021) (355,664) 1,272 23,938 2,265 213 (34,673) 6,985 (37,075) (552) (271) (169,922) (207,820) 3,157 29,635 32,792 93,550 506,003 3,004,977 48,333 29,169 793,904 501,255 18,523 4,995,714 159,587 573,597 3,686,731 135,571 60,127 793,904 533,460 27,425 5,970,402 (66,037) (67,594) (681,754) (87,238) (30,958) (32,205) (8,902) (974,688) 93,550 506,003 3,004,977 48,333 29,169 793,904 501,255 18,523 4,995,714 2016 12 31 2015 12 31 9,254,000 2015 12 3158,242,000 2016 12 31 2016 12 31748,439,000 2015 12 31

13. 49,978 159,635 1,457,156 59,379 26,400 130,868 91,324 1,974,740 (47,686) (24,923) (112,852) (36,985) (12,957) (6,168) (241,571) 2,292 134,712 1,344,304 22,394 13,443 130,868 85,156 1,733,169 2,292 134,712 1,344,304 22,394 13,443 130,868 85,156 1,733,169 110,621 46,222 17,428 3,502 177,773 7,847 103,272 1,058,762 10,101 8,923 226,595 275,299 1,690,799 (3,790) (6,712) (186,526) (10,973) (4,759) (15,387) (228,147) 695 (60,731) 60,036 (10,417) (3,061) (65) (13,543) 4,151 14,109 18,260 (20,432) (20,432) 6,349 342,588 2,252,345 35,889 21,044 300,883 398,781 3,357,879 57,734 384,594 2,618,128 102,491 41,135 300,883 442,208 3,947,173 (51,385) (42,006) (365,783) (66,602) (20,091) (43,427) (589,294) 6,349 342,588 2,252,345 35,889 21,044 300,883 398,781 3,357,879 168 169

2016 14. 1,210,583 1,023,060 17,333 167,604 77,118 19,919 1,305,034 1,210,583 (60,557) (35,182) (26,714) (25,025) (1,935) (350) (89,206) (60,557) 1,215,828 1,150,026 1,150,026 987,878 2016 12 312015 12 31 22,713,000 2015 12 312,479,000 2016 12 31 2016 12 31 902,756,000 2015 12 31

15. 64,164 64,164 64,164 295,288 359,452 359,452 359,452 359,452 38 385,257 4,812 (700) 748,821 749,521 (700) 748,821 4,812,000 38 170 171

2016 15. 13%~13.5% 201513%15.8%-17.8% 201516.7%-17.8% 2016 12 31 102,105,000101,405,000 2016 12 31700,000 2015 14% 201514%16.5%-18.3% 2015 16.5%~17.5% 2016 2015 2016 2015 2016 2015 553,538 237,161 195,283 122,291 748,821 359,452 2016 12 312015 12 31

16. 16a 21,322 19,558 47a 2,398,981 569,062 13,845 77,787 2,434,148 666,407 16a. 66,386 65,628 2,488 1,022 7,059 7,033 (36) (7,342) 53 45 75,950 66,386 (46,828) (41,758) (712) (404) (7,097) (5,575) 36 922 (27) (13) (54,628) (46,828) 21,322 19,558 19,558 23,870 172 173

2016 17. ii 1,816,710,922 100 ii 700,000,000 430,000,000 100 ii 100,000,000 91.65 ii 210,526,316 96.81 ii 200,000,000 10,000,000 100 ii 15,000,000 100 ii 100,000,000 96.81 i 10,000,000 100 ii 500,000,000 361,500,000 100 ii 380,000,000 292,410,000 55 ii 30,000,000 100 ii 80,000,000 79,361,698 100 ii 5,000,000 54.99 ii 35,130,000 69.30 ii 100,000,000 100

17. ii ii i ii ii ii ii ii ii ii ii ii ii ii ii ii 400,000,000 373,330,000 5,000,000,000 400,000,000 81,050,000 300,000,000 60,000,000 100 46.36 53.64 1 100 200,000,000 58,823,990 1,612,900 20,460,878 18,200,205 49,062,500 4,000,000 2,000,000 1,000,000 1,000,000 1,000,000 51 100 96.81 58.48 66.06 50.44 42.20 44.18 26.51 26.51 44.18 60 60 174 175

2016 17. ii 1,200,000 70 ii 2,600,000 70 ii 5,000,000 100 ii 39,090,000 70 ii 11,381,469 51 ii 20,000,000 29.54 ii 30,000,000 50 ii 29,154,515 51 ii 50,000,000 10.000,000 90 ii 2,000,000 90 iiiii 704,510,000 630,190,200 88.89 i: ii: iii:

18. 1,324,918 1,108,023 79,952 79,952 1,404,870 1,187,975 55,717,310 40,100,000 5,000,000 1,000,000 14,333,328 200,000,000 5,230,000 5,555,600 50,000 49.2 49.2 66.50 # 50 50 50 50 33.3837 33.3837 60 60 49.7 49.7 28.36 28.36 70 70 176 177

2016 18. 50,000 70 70 53,321,241.36 55 55 10,000 50 50 10,000 50 50 # 23

18. 72,021 112,427 1,903,672 1,618,325 1,975,693 1,730,752 4,066 3,906 (250,000) (155,079) (151,112) (405,079) (151,112) 1,574,680 1,583,546 60% 60% 944,808 950,128 (12,374) (13,900) (1,445) (170) (13,819) (14,070) 8,882 8,132 460,062 237,847 178 179

2016 19. 263,700 300 263,700 20. 186,334 103,555 427,142 289,889 427,142 83,860,000 2016 12 31103,555,000 2015 12 31 427,142,000

21. 597,239 244,132 124,000 721,239 244,132 22. 1,034,720 844,702 (4,989) 348,156 (90,150) 272,532 (283,125) (2,067) 1,382,876 (92,217) 1,117,234 (288,114) 458,150 491,078 (4,989) 20,639 (29,091) 205,780 (283,125) (2,067) 478,789 (31,158) 696,858 (288,114) 904,087 (61,059) 420,376 1,382,876 (92,217) 1,117,234 (288,114) 180 181

2016 22. 2336 24 29 3 171,498,000 201589,621,000 866,887 742,402 (142,861) (122,496) (1,072,484) (849,733) 176,960 140,206 (171,498) (89,621) (a) 1 1 13,293,00012,570,000 (b) 1,009,732,000 828,017,000 32 258,006,00010,593,000 33 2,067,000 23

23. 54,079,396 46,710,279 84,721,981 73,856,030 138,801,377 120,566,309 23a. 23b * 129,219,522 121,510,395 (12,353,786) (11,176,329) 23b 116,865,736 110,334,066 * 614,129 499,516 757,552 273,136 23d 1,274,555 721,736 23f 3,883,666 2,865,765 23h * 17,751,946 7,764,446 363,394 82,014 319,470 424,671 141,830,448 122,965,350 23c (2,527,157) (2,196,194) 23e (82,385) (18,290) 23g (81,282) (48,526) 23h (326,359) (126,726) 23i (17) 23j (11,888) (9,288) 138,801,377 120,566,309 * 23(k). 182 183

2016 23. 23b(1). 71,561,617 64,529,387 34,267,676 33,383,755 14,137,570 16,727,905 9,252,659 6,869,348 129,219,522 121,510,395 63,929,750 57,461,542 31,049,667 30,760,089 13,176,400 15,668,454 8,709,919 6,443,981 116,865,736 110,334,066

23. 23b(2). 51,465,438 48,144,680 36,723,765 35,367,796 23,387,457 21,503,262 17,642,862 16,494,657 129,219,522 121,510,395 45,418,293 42,517,720 33,109,052 32,149,451 21,547,706 19,930,297 16,790,685 15,736,598 116,865,736 110,334,066 184 185

2016 23. 23c. 262,681 320,104 1,933,513 1,643,339 2,196,194 1,963,443 446,288 194,362 485,462 472,823 931,750 667,185 (277,331) (189,331) (277,331) (189,331) (312,913) (252,062) (22,872) (335,785) (252,062) 1,904 277 10,425 6,682 12,329 6,959 397,960 262,681 2,129,197 1,933,513 2,527,157 2,196,194 (i) 1,343,183 1,165,083 127,876,339 120,345,312 129,219,522 121,510,395 (i) 1,253,853 1,094,651 115,611,883 109,239,415 116,865,736 110,334,066 (i) (ii) 12,886,076,000 13,793,514,00031.

23. 23d. 60 180 1,057,077 640,135 217,478 81,601 1,274,555 721,736 23e. 18,290 11,213 18,031 4,583 51,583 8,169 (5,626) (5,936) 107 261 82,385 18,290 23f. 2,720,475 1,990,549 1,163,191 875,216 3,883,666 2,865,765 186 187

2016 23. 23g. 48,526 40,654 49,756 18,442 (10,570) (17,000) 81,282 48,526 23h(1). 12,950,500 7,625,066 4,725,530 109,661 64,416 11,500 29,719 17,751,946 7,764,446 23h(2). 4,834,857 2,078,171 5,173,124 2,050,040 4,081,715 1,629,375 3,662,250 2,006,860 17,751,946 7,764,446

23. 23h(3). 126,726 2,236 223,487 124,490 (23,854) 326,359 126,726 23i. 17 26 (17) (9) 17 23j. 9,288 6,034 1,969 2,826 631 428 11,888 9,288 188 189

2016 23. 23k. (i) 225,000 75,000 8,786 3,533 (i) 30,000 30,000 (ii) 10,000 10,000 525 1,765 (i) 50,000 50,000 95 86 324,406 170,384 (i) 5.655% 15%5.655% 6.955% (ii) 12.77%12.77%

24. 452,297 339,896 * 3,977,861 2,246,183 235,474 33,016 58,373 143,439 336,125 259,107 (24a) 100,968 35,657 5,161,098 3,057,298 2,784 25,282 4,146 17,289 47a 2,350,662 520,726 73,548 16,278 2,431,140 579,575 7,592,238 3,636,873 * 190 191

2016 24. 24a. (i) 16,337 16,337 (i) 2,493 2,668 (i) 602 (i) 2 7 (i) 175 175 (i) 41,154 7,934 (i) 40,807 7,934 100,968 35,657 (i)

25. 128,204 17,442 635,281 506,019 8,468 5,310 1,300,724 179,710 46,079 205,468 146,079 40,806 (16,907) 601,235 517 517 2,893 1,995 4,888 307,914 63,521 843,642 652,098 51,269 517 (11,597) 1,907,364 73,430 2,699 497,148 351,921 3,170 350 928,718 54,774 14,743 140,291 154,109 7,008 4,960 375,885 (2,158) (11) (1,710) (3,879) 128,204 17,442 635,281 506,019 8,468 5,310 1,300,724 192 193

2016 25. 14,582 63,526 51,284 129,392 (794) 10,702 (41,899) 190 (31,801) 6,841 6,841 (33,582) (33,582) 20,629 29,944 10,702 9,385 190 70,850 9,315 81,236 3,002 21,385 47,005 161,943 (668) (3,002) (21,385) 4,279 (20,776) 5,935 5,935 (17,710) (17,710) 14,582 63,526 51,284 129,392

25. 1,907,364 1,300,724 70,850 129,392 106,794,000 48,807,000114,770,000 11,771,000 41,471,000 56,702,000 276,000 1,691,000 2012 387,363,000 285,115,000 194 195

2016 26. 4,426,996 4,257,953 85,675 883,603 4,512,671 5,141,556 331,619 1,591,471 2,129,745 1,049,420 2,051,307 2,500,665 4,095,014,000 4,506,478,000 99,542,000 331,907,000 31(b) 232,077,000 1,259,564,000 245,558,000 500,351,000 27. 147,649 54,235 14,239 15,768 84,169 44,790 246,057 114,793

28. 44,129 42,387 240,890 227,542 (196,761) (185,155) 44,129 42,387 29. 1,748,770 7,086,325 1,138,496 1,251,310 2,887,266 8,337,635 55 2,887,321 8,337,635 2,682,301 8,169,543 115,622 92,102 44,090 52,157 45,308 23,833 2,887,321 8,337,635 196 197

2016 30. 3,115,304 2,736,728 134,920 664,812 37,556 49,657 879,759 546,443 (30a) 814 6,719 684,301 442,191 1,026,974 515,457 2,129,745 1,049,420 368,679 419,695 63 57 8,378,115 6,431,179 19,674,329 16,072,919 143,579 54,736 45,781 15 117 19,729,080 16,262,396 28,107,195 22,693,575 30a. 814 6,719 814 6,719

31. (%) (%) 2.78~5.94 2017 6,054,392 2.78~6.46 2016 8,127,439 1.85~4.75 2017 14,017,000 1.57~6.55 2016 10,735,668 2.08~6.15 2017 19,032,705 1.39~7.04 2016 15,623,723 4.00~5.08 2017 370,000 4.75~5.08 2016 440,000 4.75 2017 315,103 4.75~8.50 2016 2,030,000 2.79~5.75 2017 13,756,349 3.40~6.95 2016 4,742,703 53,545,549 41,699,533 2.78~5.94 2018~2023 5,591,411 2.78~6.46 2017~2023 4,288,312 2.50~4.28 2018~2026 17,124,488 2.08~7.04 2017~2021 18,933,042 5.08~7.00 2018 703,902 4.75~5.08 2017~2018 200,000 5.64~7.09 2018 38,150 4.75~7.00 2017~2018 1,000,397 3.00~6.13 2018~2022 29,934,088 3.80~6.13 2017~2022 17,307,517 53,392,039 41,729,268 106,937,588 83,428,801 198 199

2016 31. 39,104,097 34,486,830 15,033,642 16,780,262 7,579,826 6,192,611 102,431 248,481 61,819,996 57,708,184 14,441,452 7,212,703 984,467 8,036,476 29,356,493 9,996,455 335,180 474,983 45,117,592 25,720,617 106,937,588 83,428,801 (a) 12,059,285,000 12,461,793,000 12,886,076,000 13,793,514,000 (b) 312,165,000 2,776,663,000 (c) 348,225,000

32. 14,053 1,617 246,725 294,264 123,732 14,844 740,462 247,359 (42,209) (2,408) (934,695) (294,898) 95,576 14,053 52,492 246,725 (i) (ii) 187,113,000 247,359,000 553,199,000 200 201

2016 33. (i) 3,950,400,000 13,003,080,000 (i) 3,950,783,817 13,005,970,000 (i) 35 3,950,400,000 13,003,080 10,210,572 (ii) 383,817 2,890 2,445 3,950,783,817 13,005,970 10,213,017 (ii) 5.86 342,249,000 383,817641,000

34. 4% 131,696,00010 141 10 (i)(ii) (iii) 32,924,000 202 203

2016 34. * 2016 2015 5.86 11,034,230 11,589,253 7.17 16,902,459 17,275,048 5.714 32,696,824 60,633,513 28,864,301 * 5.86 13,123,512 (1,534,259) 11,589,253 (171,206) (383,817) 11,034,230 7.17 18,569,020 (1,293,972) 17,275,048 (372,589) 16,902,459 5.714 32,924,000 (227,176) 32,696,824 13,123,512 18,569,020 (2,828,231) 28,864,301 32,924,000 (770,971) (383,817) 60,633,513 5.86 7.17 6.46 6.64 5.714 6.45 5.86 6.15 3,446,308

34. 83,691,000 43,795,0001.351.39 1.411.481.531.55 22,577,000 10,317,000 (%) 4.11 3.40 (%) 37.34 37.91 (%) 1.13 1.92 5.60 6.88 2.00 2.00 57,202,56928,864,301 7,982,3584,229,021 12,981,4496,681,989 17,583,8278,913,839 57,202,56928,864,301 60,633,51328,864,301 1.59%0.74% 204 205

2016 35. 197,544,000 6% 19,685,254 29,113,740 (4,242,365) 44,556,629 49,386,000 (5,745,222) (1,306,273) 86,891,134

35. 5,745,222 5,702,422 5,702,462 8,871,197 8,871,197 8,871,477 16,290,780 16,290,780 16,290,819 86,891,134 5,794,608 5,794,608 5,794,651 9,057,489 9,057,489 9,057,784 44,556,629 86,891,134 44,556,62912,073,5386,443,534 19,872,17910,422,991 26,975,75213,970,772 206 207

2016 35. 140,148,91847,250,140 852,459,000252,505,0006.08 5.34 25,456,000 136,260 21,794,140 116,245 47,250,140 252,505 98,644,000 633,176 (5,745,222) (33,222) 140,148,918 852,459 391,066,000 204,972,0004.754.49 4.324.774.604.44 143,743,000 48,654,000 (%) 4.11 3.40 5.60 6.88

36. 10%50% 208 209

2016 37. 200,000,0005.55% 8,426,000 4.606%5.00% 78,284,000 2015 73,080,000 73,606,000 2015 104,047,000 38. 50% 70% 51% 51% 70% 70%

38. 125,734 19,783 22,248 30,308 125,654 8,219 945 332,891 (48,411) (54,776) (122,230) (686) (1,550) (227,653) 105,238 (52,619) 97,381 150,000 20,000 26,667 66,667 20,000 16,666 22,248 (46,667) (24,419) (748) (25,167) 129,712,000 11,027,000 210 211

2016 38. 4,171 2,297 23,916 543 30,927 (27,538) (789) (28,327) 2,600 (780) 68,180 70,000 14,000 56,000 2,297 (70,000) (67,703) (35) (67,738) 41,553,000 5,282,000

38. 46,878 2,268 20,902 6,705 2,073 4,132 82,958 (5,235) (8,408) (271) (127) (14,041) 68,917 (33,769) 55,403 90,551 59,945 21,551 9,055 20,902 (59,945) (39,043) (926) (39,969) 34,099,000 432,000 212 213

2016 38. 52,002 15,165 30,948 13,772 57,227 1,361 906 171,381 (11,176) (41,955) (846) (427) (622) (677) (55,703) 115,678 (56,682) 45,086 104,082 5,000 89,082 10,000 30,948 (5,000) 25,948 (775) 25,173 24,755,000 1,969,000

38. 73,408 20,685 8,480 21,767 13,308 2,163 1,362 141,173 (15,013) (37,289) (2,079) (619) (4,527) (1,089) (60,616) 80,557 (24,167) 118,610 175,000 52,500 87,500 35,000 8,480 (140,000) (131,520) (556) (132,076) 44,445,000 2,482,000 214 215

2016 38. 5,850 17,282 451 677 16 539 24,815 (1,513) (269) (1) (15) (1,798) 23,017 (6,905) 597 16,709 8,400 8,183 126 451 (16,583) (16,132) (55) (16,187) 2,894,000 277,000

38. 14,110,245,0002,931,650,000 3,095,000 39. 2016 12 31 4,257 2,103 40. 31 13142326 216 217

2016 41. (a) 13 671,916 292,762 420,871 227,648 1,092,787 520,410 (b) 154,533 119,395 192,695 135,611 99,669 20,362 446,897 275,368

42. (a) 41 535,261 370,454 386,500 103,593 921,761 474,047 (b) 5,432,647 4,840,547 218 219

2016 43. Sinochem International (Overseas) Pte Ltd. 23, 24, 26, 30 31 (i) 3,371 4,522 0.35% 1.15%

43. (ii) Sinochem International (Overseas) Pte. Ltd. 2,642 10,435 (iii) 4,426 11,036 3.60% 4.35% (iv) 6,159 7,264 (v) 50,563 50,462 5,955 8,192 1,575 2,265 430 596 2,801 2,810 61,324 64,325 220 221

2016 43. (vi) 165 (vii) 354 1,519 4,438 3,533 3,067 878 7,859 5,930 (viii) 50,937 101,244 8,773 15,353 2,562 59,710 119,159 (ix) 857 703

43. (x) (i)(ii) 11,738,000 (i)(ii) 19,584,396 (xi) 84,208 47,952 2016 3435 8 (vii)(xi) 14A 222 223

2016 44. 138,801,377 138,801,377 2,793,955 2,793,955 2,461,364 2,461,364 1,357,888 1,357,888 24,988 24,988 289,889 289,889 721,239 721,239 2,051,307 2,051,307 146,108,003 289,889 746,227 1,357,888 148,502,007

44. 2,887,321 2,887,321 26,170,500 26,170,500 106,937,588 106,937,588 92,217 92,217 70,000 70,000 135,995,409 92,217 70,000 136,087,626 120,566,309 120,566,309 794,629 794,629 2,640,891 2,640,891 1,105,539 1,105,539 11,695 11,695 427,142 427,142 244,132 244,132 2,500,665 2,500,665 126,502,494 427,142 255,827 1,105,539 128,291,002 224 225

2016 44. 8,337,635 8,337,635 20,903,452 20,903,452 83,428,801 83,428,801 288,114 288,114 112,669,888 288,114 112,958,002

45. 226 227

2016 45. 43,690,437 22,050,220 43,697,168 22,409,695 2016 12 31 124,000,000 2015 12 31103,555,000 2015 12 31 427,142,000 2016 12 31228,318,000 27,908,000

45. 186,334 186,334 1,034,720 1,034,720 348,156 348,156 (90,150) (90,150) (2,067) (2,067) 597,239 597,239 (70,000) (70,000) 228 229

2016 45. 844,702 844,702 (4,989) (4,989) 272,532 272,532 (283,125) (283,125) 244,132 244,132 12,006 (12,006)

45. 43,697,168 43,697,168 22,409,695 22,409,695 230 231

2016 46. 22

46. +100 65,369 277,617-100 (65,369) (277,617) 22 232 233

2016 46. + -1% 17,786 (17,786) (2,391) 2,391 + -1% (17,903) 17,903 (5,996) 5,996

46. % % 27,529,840 25 27,207,144 25 9,762,118 8 11,003,910 10 10,320,475 9 8,993,212 8 17,926,400 15 17,275,090 16 11,836,274 10 10,759,272 10 22,740,745 19 19,324,385 18 4,135,572 4 3,699,584 3 7,415,747 6 6,717,174 6 5,198,565 4 5,354,295 4 116,865,736 100 110,334,066 100 (2,527,157) (2,196,194) 114,338,579 108,137,872 232224 234 235

2016 46. 114,921,325 107,555,743 755,552 267,874 1,274,555 657,037 3,814,163 2,837,201 17,543,787 7,699,011 294,465 422,627 613,180 495,378 1,382,876 1,117,234 2,991,589 794,629 363,394 82,014 874,433,000 1,738,203,000 874,433 874,433 1,738,203 1,738,203

46. 670,943 16,620,558 44,053,564 92,741,843 714,573 154,801,481 255,667 111,294 2,426,994 2,793,955 390 2,254,502 201,101 14,664 2,470,657 359,965 544,122 478,789 1,382,876 289,889 289,889 721,239 721,239 2,051,307 2,051,307 2,722,640 19,490,692 44,910,081 96,673,418 714,573 164,511,404 1,347,001 1,540,265 55 2,887,321 109,165 2,452,885 3,879,370 19,664,829 64,251 26,170,500 19,721,668 37,027,710 55,517,268 513,629 112,780,275 61,059 31,158 92,217 70,000 70,000 109,165 23,521,554 42,508,404 75,213,310 647,880 142,000,313 2,613,475 (4,030,862) 2,401,677 21,460,108 66,693 22,511,091 236 237

2016 46. 449,219 13,959,650 39,277,560 81,075,930 173,954 134,936,313 231,003 630 562,996 794,629 1,814,321 776,607 105,090 2,696,018 96,808 323,568 696,858 1,117,234 427,142 427,142 244,132 244,132 2,000,665 500,594 2,501,259 2,449,884 16,602,376 40,378,365 83,112,148 173,954 142,716,727 19,055 4,379,821 3,934,944 3,815 8,337,635 31,671 1,726,485 2,882,901 16,151,094 111,301 20,903,452 12,252,937 32,332,618 43,068,666 755,779 88,410,000 288,114 288,114 50,726 18,359,243 39,150,463 59,511,689 867,080 117,939,201 2,399,158 (1,756,867) 1,227,902 23,600,459 (693,126) 24,777,526

46. 106,937,588 83,428,801 24,846,101 22,961,420 131,783,689 106,390,221 81% 78% 238 239

2016 46. 136,256,718 119,918,073 (2,408,413) (2,721,314) 133,848,305 117,196,759 20,449,035 19,263,095 6.55 6.08 47. 47a 2,398,981 569,062 70,000 2,468,981 569,062

47a. 276,714,000 1,688,391,000 235,322,000 27,187,667,000 13,709,872,000 2,350,662,000520,726,000 2,398,981,000569,062,000 2,398,981,000569,062,000 92,907,000 45,744,00067,203,000300,810,000 48. 49. 240 241

2016 50. * 913 40 25,156,478 21,635,556 10,177 10,177 14,127,466 26,703,472 430,010 478,789 696,858 40,203,833 49,046,103 1,706,909 1,567,487 2,142,356 1,709,492 13,174 1,112,926 14,942 16,555 287,333 918,147 904,087 420,376 5,068,801 5,744,983 1,218 214,488 418,555 61,059 (36,073) (24,279) 13,327,914 13,736,802 13,567,388 14,132,296 (8,498,587) (8,387,313) 31,705,246 40,658,790

50. * 7,454,908 17,688,909 29,091 288,114 30,136 63,527 7,514,135 18,040,550 24,191,111 22,618,240 10,213,017 10,210,572 12,746,213 11,180,465 22,959,230 21,391,037 1,231,881 1,227,203 24,191,111 22,618,240 242 243

2016 50. # 2,607,841 (136,260) 17,994 411,106 598,280 3,498,961 2.2) (511,018) 1,065 121,913 638,299 5,679,981 5,930,240 * 2,096,823 (136,260) 17,994 1,065 121,913 411,106 638,299 6,278,261 9,429,201 2,503,109 2,503,109 (89,621) (30,629) (120,250) (89,621) (30,629) 2,503,109 2,382,859 (116,245) (116,245) 2014 (592,476) (592,476) 58,971 58,971 835 (835) (685) 685 18,155 18,155 2,114,978 (252,505) 76,965 1,215 121,913 321,485 607,670 8,188,744 11,180,465

50. 2,607,841 (252,505) 76,965 321,485 890,083 3,643,869 2.2) (492,863) 1,215 121,913 607,670 7,298,661 7,536,596 * 2,114,978 (252,505) 76,965 1,215 121,913 321,485 607,670 8,188,744 11,180,465 2,882,208 2,882,208 (171,498) 83,860 9,113 (78,525) (171,498) 83,860 9,113 2,882,208 2,803,683 (633,176) (633,176) 2015 (769,673) (769,673) 33,222 (24,647) (8,575) (508) (508) 166,320 166,320 521 (578) (57) (1,080) 1,115 35 (876) (876) 2,114,102 (852,459) 218,130 656 121,913 149,987 83,860 616,783 10,293,241 12,746,213 * 27 2.2 # 51. 244 245

2016 13,928,369 11,795,983 10,060,717 7,868,382 6,486,395 (5,735,538) (4,771,610) (4,106,547) (2,890,185) (2,908,365) 8,192,831 7,024,373 5,954,170 4,978,197 3,578,030 477,443 510,032 523,689 318,178 119,845 (2,875,622) (2,556,557) (2,265,899) (1,884,669) (1,215,751) (306,790) (454,489) (249,400) (282,972) (52,939) (157,755) (122,221) (14,667) (1,270) (2,138) 591 (310) (195) 300 13,511 7,893 5,330,998 4,440,828 3,961,209 3,135,357 2,427,047 (1,258,528) (821,103) (750,009) (534,616) (351,027) 4,072,470 3,579,725 3,211,200 2,600,741 2,076,020 (1,130,683) (999,734) (869,026) (684,668) (558,652) 2,941,787 2,579,991 2,342,174 1,916,073 1,517,368 2,882,208 2,503,109 2,295,954 1,912,744 1,518,577 78,284 73,080 36,036 (18,705) 3,802 10,184 3,329 (1,209) 2,941,787 2,579,991 2,342,174 1,916,073 1,517,368

(1) 2,074,125 1,870,508 1,647,151 1,270,898 1,030,699 (854,100) (756,642) (672,328) (466,822) (462,144) 1,220,025 1,113,866 974,823 804,076 568,555 71,098 80,877 85,739 51,392 19,044 (428,219) (405,397) (370,976) (304,411) (193,185) (45,685) (72,069) (40,832) (45,705) (8,411) (23,492) (19,381) (2,401) (205) (340) 88 (49) (32) 45 2,212 1,275 793,859 697,847 648,533 506,422 385,663 (187,412) (130,204) (122,792) (86,351) (55,779) 606,447 567,643 525,741 420,071 329,884 (168,374) (158,530) (142,278) (110,587) (88,771) 438,073 409,113 383,463 309,484 241,113 429,200 396,922 375,896 308,946 241,305 11,658 11,588 5,900 (2,785) 603 1,667 538 (192) 438,072 409,113 383,463 309,484 241,113 246 247

2016 166,560,921 139,312,889 110,726,124 86,512,872 60,570,275 (141,714,820) (116,351,469) (93,276,231) (72,348,002) (47,714,829) (1,231,881) (1,227,203) (1,258,170) (654,990) (343,180) (78,771) (39,528) (10,964) 22,959,230 21,391,037 16,112,952 14,125,342 12,844,482 (1) 24,010,512 21,453,876 18,095,461 14,189,649 9,636,509 (20,428,834) (17,917,868) (15,243,705) (11,866,359) (7,591,255) (177,581) (188,987) (205,617) (94,420) (52,849) (12,873) (6,483) (1,744) 3,309,677 3,294,172 2,633,266 2,316,807 2,043,510 (1) 6.3009 6.4618 6.2855 6.2932 6.0969 6.1912 6.1190 6.1080 6.4936 6.3063 6.9370 6.7153

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