2 3 4 7 8 25 25 27 29 32 1313.22 33 34 34 35 35 35 35 36 37 38 40 41 42 44 45 84 1

China COSCO Holdings Company Limited China COSCO 1 3 300461 183 49 CEO ** * ** * ** H A H 1919 A 601919 H 183 18 1806-1807 http://www.chinacosco.com 2

34 45,547,579 29,295,568 55.5% 4,642,817 (4,277,993) 208.5% 4,879,575 (4,152,606) 217.5% 3,445,950 (4,602,115) 174.9% 0.3373 (0.4505) 174.9% 3

2010 201045,547,579,00055.5% 3,445,950,000174.9% 2,950,12025.3% 20,944,985,000 200978.3% CKYH 2010 6 30150597,03020097.7%2009 6.4%1169,627 43 345,206 4

1.48.2% 6,850.58 3.8%16,751,810,000 50.8% 2010 6 30 4493892.2 2261773.6 2232118.622342 6,770,748,000 16.1% 224318.7% 14.4% 5

2009 2010 8 26 6

7

201045,547,579,000 4,642,817,000 3,445,950,000 2008 2,950,1202009 25.3% 20,944,985,000 200978.3% 2010 2009 % 748,424 490,989 52.4 588,288 535,059 9.9 792,086 634,931 24.8 81,739 96,934-15.7 739,583 596,430 24.0 2,950,120 2,354,343 25.3 8

2010 2009 % 6,166,382 3,280,716 88.0 5,587,190 2,289,866 144.0 3,118,171 1,713,130 82.0 632,830 408,680 54.8 1,691,289 1,102,340 53.4 17,195,862 8,794,732 95.5 245,609 240,382 2.2 3,503,514 2,713,640 29.1 20,944,985 11,748,754 78.3 20101169,627 2010 6 30 150597,03020097.7%20096.4% 2010 6 3043 345,206 2010 2 10,178 2 13,007 4 23,185 2011 7 77,853 7 77,853 2012 13 82,550 4 52,368 17 134,918 2013 15 109,250 15 109,250 30 201,978 13 143,228 43 345,206 9

Vessel Pool 40% 43% 6 FOB VIP EDI 25.3%4.1% 6.6% 610 4.3 TEU 2.5 10

7 10.9% 8.4% ECFA 2011 CKYH 11

(BDI)3,165 48.7%(CCBFI) 1,508 25% 5 26BDI 2009 124,209 1.48.2% 6,850.583.8%16,751,810,000 50.8% 2010 6 30 201070%2009 40% COA 2010 6 3044938,922,048 14.7% 6.4%22617,736,183 13.1 223 21,185,865 12

2010 6 30 35 7,244,880 6.4 66 11,478,282 101 18,723,162 73 5,186,381 13.9 86 6,539,041 159 11,725,422 85 4,175,427 12.1 39 2,065,291 124 6,240,718 33 1,129,495 21.1 32 1,103,251 65 2,232,746 226 17,736,183 13.1 223 21,185,865 449 38,922,048 2010 6 30 223,420,000 2 594,00081,640,000101,072,000 2114,000 2010 6 30 2010 2011 2012 2013 2 594 2 594 1 205 5 1,025 2 410 8 1,640 2 152 5 575 3 345 10 1,072 2 114 2 114 5 951 5 1,025 5 575 7 869 22 3,420 2010 6 30 111,184,000 13

2010 1.6-1.8 5000 18.4 14

2010 6,770,748,000 200916.1% 2010 2009 % 44,884 24,381 84.1 5,081 4,116 23.4 543 617-12.0 67,453 62,956 7.1 97,974 94,149 4.1 1,104,033 887,000 24.5 55,646 38,466 44.7 20105,081200923.4% 5.432009 12% 320818 7.1% 15

1,104,033 24.5%97,974 4.1%55,646 44.7% 16.5% 1-66,870.2 TEU22.3% 22,428,048 18.7%19,761,033 16.4% 2,667,015 39.7% 16

2010 2009 (%) 7,852,923 7,179,094 9.4 4,982,054 4,427,379 12.5 628,811 588,495 6.9 787,558 697,356 12.9 909,696 943,717-3.6 544,804 522,147 4.3 4,526,047 3,902,197 16.0 1,083,764 1,125,924-3.7 1,548,142 1,430,306 8.2 780,544 494,794 57.8 397,267 301,513 31.8 141,492 93,973 50.6 574,838 455,687 26.1 7,382,063 5,902,435 25.1 765,177 657,451 16.4 4,597,521 3,791,260 21.3 1,376,392 884,220 55.7 496,404 439,734 12.9 146,569 129,770 12.9 2,667,015 1,908,526 39.7 376,727 1,378,881 1,249,102 10.4 550,437 362,379 51.9 360,970 297,045 21.5 22,428,048 18,892,252 18.7 11,747,101 7,142,073 64.5 17

World Cargo News Apr 2010 14.4%2009 0.8% 2010 6 30 1,597,779 0.5%95.4% 2010 21.8% 18

2010 2010 1 1 01 2 3 4 437 34877.6%1 0.23%1 5 1111 6 2010 2010 4.05 2009 4.46 9.19% 19

2010 45,547,579,000 2009 29,295,568,000 16,252,011,000 55.5% 3,445,950,000 2009-4,602,115,000 8,048,065,000 174.9%78.3% 50.8% 2010 45,547,579,000 2009 29,295,568,00016,252,011,00055.5% 78.3%20,944,985,0002010 2,950,120 2009 25.3%5,829 /TEU 2009 56.0% 88.0% 144.0% 20

50.8%16,751,810,0002010 (BDI)3,165 20092,128 1,037 50.8% 4,101,632,00069.1%1,689,628,000 35.7% 2009 16.1%6,770,748,0002010 2009 278,429,000 144.2% 679,827,000 2009 10 12 2010376,727318,173,000 55.3%98,010,000 24.0%400,209,000 18,288200910,124 122,433,0002009 72,410,000 2010 20.2%39,035,367,000 18,470,190,000 2009 3,976,929,000 27.4% 1,419,330,0003,901,918,00057.2% 60.6%2010 21.1% 21

13,344,745,0001,329,674,000 11.1% 8,422,524,000 2009 2,238,178,00021.0 549,615,000 1,069,511,000 574,176,0002,230,090,00034.7% 2010 16.7% 6,000,579,000 16.8% 630,663,000238.6% 417,049,000 3.9% 2010419,727,000 2009 795,109,000(FFA) 36,691,000 667,069,000 2010 2,289,122,000 0.6 2010 273,425,000 2009 24.1% 22

2010606,103,00019,575,0003.3 2010 569,436,000 2009 491,569,000 15.8% 2010 2010966,988,000-12,562,000 979,550,000 2010 6 3043,541,357,000 2009 12 31 556,671,0001.3% 10 2010 6 30 59,092,919,000 43,541,357,00015,551,562,000 23

2010 2009 6 30 12 31 2,370,790 3,703,366 ------------------ ------------------ 4,039,242 3,529,595 14,591,377 5,583,538 30,904,138 40,927,328 7,187,372 6,606,588 56,722,129 56,647,049 ------------------ ------------------ 59,092,919 60,350,415 12,705,058,000 46,387,861,000 21.5% 78.5% 41,356,144,000 17,454,488,00070.0% 29.5% 2010 6 30184,144,0002009 12 31 217,055,00021 2010 24

3.195 3.588 9.540 25

H H 3.195 680,000 680,000 0.03% (1) 3.588 900,000 900,000 0.03% (2) 9.540 880,000 880,000 0.03% (3) 3.195 600,000 600,000 0.02% (1) 3.588 800,000 800,000 0.03% (2) 9.540 780,000 780,000 0.03% (3) 9.540 580,000 580,000 0.02% (3) 3.195 450,000 450,000 0.02% (1) 3.588 600,000 600,000 0.02% (2) 9.540 580,000 580,000 0.02% (3) 3.195 375,000 375,000 0.01% (1) 3.588 500,000 500,000 0.02% (2) 9.540 580,000 580,000 0.02% (3) 3.195 450,000 450,000 0.02% (1) 3.588 600,000 600,000 0.02% (2) 9.540 580,000 580,000 0.02% (3) 3.195 525,000 525,000 0.02% (1) 3.588 700,000 700,000 0.03% (2) 9.540 680,000 680,000 0.03% (3) 3.195 450,000 450,000 0.02% (1) 3.588 600,000 600,000 0.02% (2) 9.540 580,000 580,000 0.02% (3) 3.195 375,000 375,000 0.01% (1) 3.588 500,000 500,000 0.02% (2) 9.540 480,000 480,000 0.02% (3) 9.540 480,000 480,000 0.02% (3) 26

(1) H 25% 50% 75% 100% 3.195 (2) H 25% 50% 75% 100% 3.588 (3) H 25% 50% 75% 100% 9.540 13.75 1,000,000 1,000,000 0.04% 03.12.2004-02.12.2014 (2) (4) 13.75 1,000,000 1,000,000 0.04% 03.12.2004-02.12.2014 (2) (4) 13.75 1,000,000 1,000,000 0.04% 03.12.2004-02.12.2014 (2) (4) 13.75 1,000,000 1,000,000 0.04% 02.12.2004-01.12.2014 (2) (4) 13.75 1,000,000 1,000,000 0.04% 03.12.2004-02.12.2014 (2) (4) 27

13.75 1,000,000 1,000,000 0.04% 03.12.2004-02.12.2014 (2) (4) (5) 9.54 2,369,000 2,369,000 0.10% 1 (1) 13.75 16,972,000 (510,000) 16,462,000 0.75% 2 (2) 19.30 16,370,000 (400,000) 15,970,000 0.72% 3 (3) 41,711,000 (910,000) 40,801,000 (1) 9.54 (2) 13.75 (3) 19.30 (4) (5) 28

571 XV 352 (a) A A A 3,000 0.00004% 1,000 0.00001% (b) 1,900,000 0.08% 1,300,000 0.06% 1,400,000 0.06% (c) 29

(d) 13.75 1,000,000 1,000,000 0.04% (1) 13.75 1,000,000 1,000,000 0.04% (1) 13.75 1,000,000 1,000,000 0.04% (1) 13.75 1,000,000 1,000,000 0.04% (1) 13.75 1,000,000 1,000,000 0.04% (1) 13.75 1,000,000 1,000,000 0.04% (1) 1.37 1,200,000 1,200,000 0.08% (2) 1.37 1,200,000 1,200,000 0.08% (2) 1.23 700,000 700,000 0.03% (3) 1.23 700,000 700,000 0.03% (3) 30

(1) 13.75 (2) 1.37 (3) 1.23 XV XV78 352 31

XV23336 H H % % % 87,406,692 3.39 32,056,007 1.24 2,857,500 0.11 40,724,820 1.58 28,573,420 0.11 (1 )... 212,433,415 8.23 16,842,191 0.65 (2 ) JP Morgan Chase & Co 35,692,405 1.38 14,912,460 0.58 19,797,000 0.77 74,034,170 2.87 Deutsche Bank 20,118,031 0.78 17,323,782 0.67 Aktiengesellschaft 26,459,065 1.03 106,440,586 4.12 102,197,996 3.96 (1) 130,989,012UBS Securities LLC UBS Global Asset Management (Japan) Ltd. UBS Fund Management (Switzerland) AG. 60,629,427 UBS Securities LLC UBS Global Asset Management (Singapore) Ltd. (2) 212,433,415Trident Merger, LLC BlackRock Investment Management, LLC. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4 LLC BlackRock Holdco 6 LLC BlackRock Delaware Holdings, Inc. BlackRock Institutional Trust Company N.A. BlackRock Fund Advisors BlackRock Advisors Holdings Inc. BlackRock International Holdings Inc. BR Jersey International LP BlackRock HK Holdco Limited BlackRock Asset Management North Asia Limited BlackRock Group Limited BlackRock Advisors UK Ltd. BlackRock Investment Management (UK) Ltd BlackRock Fund Managers Ltd BlackRock International Ltd.16,842,191BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4 LLC BlackRock Holdco 6 LLC BlackRock Delaware Holdings, Inc. BlackRock Institutional Trust Company N.A. BlackRock Advisors Holdings Inc. BlackRock International Holdings Inc. BR Jersey International LP BlackRock HK Holdco Limited BlackRock Asset Management North Asia Limited BlackRock Group Limited BlackRock Advisors UK Ltd. 32

AHXV2 3 336 % % % A5,313,082,844 52.80 H81,179,500 5,394,262,344 XV2 3 336 1313.22 1313.22 52,374,728 13,769,582 (22,365,442) (20,524,592) 23,254,276 3,158,183 10,383,639 9,712,454 23,254,276 6,637,161,000 33

34

10.40449,000,000 10.40 10.40 449,000,000 7145 773 35

(www.chinacosco.com) 36

38 83 2410 84 37

6 64,864,268 62,464,329 6 451,817 465,517 6 2,044,758 2,058,623 6 217,152 214,321 4,578,419 4,398,655 7 10,494,604 6,158,879 577,461 2,734,777 8 141,055 113,051 1,878,915 2,129,159 1,276,243 1,335,972 71,701 75,293 414,400 495,469 87,010,793 82,644,045 ----------------- ----------------- 2,014,689 1,782,590 9 12,433,783 8,727,581 140,529 8 2,829 21,445 316,435 3,482 4,670 135,807 24,596 43,541,357 44,098,028 58,150,563 55,097,258 ----------------- ----------------- 145,161,356 137,741,303 45 83 38

10(a) 10,216,274 10,216,274 33,905,981 31,776,069 44,122,255 41,992,343 14,207,371 10,592,472 58,329,626 ----------------- 52,584,815 ----------------- 11 52,682,887 53,117,454 12 1,467,111 1,498,338 8 27,740 55,192 3,483,678 3,057,369 13 480,635 58,142,051 ----------------- 57,728,353 ----------------- 14 20,472,763 17,691,586 8 83,444 86,890 15 2,370,790 3,703,366 11 4,039,242 3,529,595 12 995,851 1,523,134 727,589 893,564 28,689,679 27,428,135 ----------------- ----------------- 86,831,730 85,156,488 ----------------- ----------------- 145,161,356 137,741,303 29,460,884 27,669,123 116,471,677 110,313,168 45 83 39

5 45,547,579 29,295,568 (39,035,367) (32,484,723) 6,512,212 (3,189,155) 419,727 1,214,836 (2,289,122) (2,303,674) 16 4,642,817 (4,277,993) 17 273,425 220,346 17 (606,103) (586,528) 4,310,139 (4,644,175) 291,327 234,030 278,109 257,539 4,879,575 (4,152,606) 18 (966,988) 12,562 3,912,587 (4,140,044) 3,445,950 (4,602,115) 466,637 462,071 3,912,587 (4,140,044) 20 0.3373 (0.4505) 45 83 19(a) 850 40

3,912,587 (4,140,044) ---------------- ---------------- (123,967) (127,119) (47,890) (581) 1,590 (1,816) (120,069) (94,516) (1,616,947) 330,078 (395,538) 45,444 (1,976,149) (175,182) ---------------- ---------------- 1,936,438 (4,315,226) 2,317,298 (4,731,312) (380,860) 416,086 1,936,438 (4,315,226) 45 83 41

41,992,343 ---------------- 10,592,472 ---------------- 52,584,815 ---------------- 3,445,950 ---------------- 466,637 ---------------- 3,912,587 ---------------- (114,876) (9,091) (123,967) (24,520) (23,370) (47,890) (1,816) (1,816) (64,984) (55,085) (120,069) (827,877) (789,070) (1,616,947) 169,000 161,078 330,078 (263,579) (131,959) (395,538) (1,128,652) (847,497) (1,976,149) 2,317,298 ---------------- (380,860) ---------------- 1,936,438 ---------------- 156,748 156,748 (223,744) (223,744) (6,171) (6,171) 25 (344,993) 241,702 (103,291) 25 157,607 3,827,224 3,984,831 (187,386) 3,995,759 3,808,373 ---------------- ---------------- ---------------- 44,122,255 14,207,371 58,329,626 45 83 42

52,491,656 9,755,106 62,246,762 24 (348,072) 7,709 (340,363) 52,143,584 9,762,815 61,906,399 ---------------- ---------------- ---------------- (4,602,115) ---------------- 462,071 ---------------- (4,140,044) ---------------- (104,649) (22,470) (127,119) (296) (285) (581) 1,590 1,590 (50,732) (43,784) (94,516) 24,890 20,554 45,444 (129,197) (45,985) (175,182) (4,731,312) ---------------- 416,086 ---------------- (4,315,226) ---------------- 146,957 146,957 (200,592) (200,592) 19(a) (850) (850) (2,962,720) (2,962,720) 7,329 7,329 26 12,410 12,410 200,000 200,000 (3,223) (3,223) (392) 392 7,735 7,735 (2,763,962) (28,992) (2,792,954) ---------------- ---------------- ---------------- 44,648,310 10,149,909 54,798,219 45 83 43

4,700,153 (7,991,084) (6,822,051) (3,945,357) 1,752,098 23,075,325 (369,800) 11,138,884 44,098,028 31,826,918 (186,871) (6,628) 43,541,357 42,959,174 45 83 44

1 1 3 HA 232,699,000 24 2 345 45

2 1 7 17 32 36 38 39 2 5 8 9 16 17 17 17 17 46

3 4 (a) 897,995,000 1,419,030,00012 (i)(ii) 42,218,771,000 45,949,946,000 47

4 (b) (c) 10.4 449,000,000 51.2%42.72% (i) (ii) (iii) 42.72% 48

4 (d) 49

5 20,397,174 11,376,656 16,468,807 10,677,547 6,770,748 5,834,164 679,827 278,429 400,209 322,649 44,716,765 28,489,445 81,508 184,230 749,306 621,893 45,547,579 29,295,568 50

5 20,958,724 16,756,877 6,804,960 716,924 814,480 (504,386) 45,547,579 (13,739) (5,067) (34,212) (37,097) (414,271) 504,386 20,944,985 16,751,810 6,770,748 679,827 400,209 45,547,579 1,012,758 3,123,173 327,648 60,930 342,480 (224,172) 4,642,817 273,425 (606,103) 4,531 34,208 21,694 230,894 291,327 2,394 3,568 36,816 31,592 203,739 278,109 4,879,575 (966,988) 3,912,587 636,525 601,336 77,118 76,480 277,147 1,426 1,670,032 7,932 (6,645) (13,826) 89 (4,168) (16,618) 10,863 8,638 580 2,780 22,861 111,184 111,184 374,448 374,448 1,545,588 1,604,090 505,826 3,661,636 700,459 26,978 8,044,577 51

5 11,752,144 11,114,835 5,872,326 314,432 781,809 (539,978) 29,295,568 (3,390) (3,263) (38,162) (36,003) (459,160) 539,978 11,748,754 11,111,572 5,834,164 278,429 322,649 29,295,568 (4,314,311) (535,851) 273,361 146,767 310,936 (158,895) (4,277,993) 220,346 (586,528) 2,621 31,301 25,070 175,038 234,030 3,310 2,292 29,014 27,964 194,959 257,539 (4,152,606) 12,562 (4,140,044) 572,460 839,623 67,235 55,872 280,972 3,123 1,819,285 (14,529) (181,439) 509 (195,459) 5,753 2,500 615 2,947 11,815 1,200,351 1,200,351 80,789 80,789 2,320,338 2,398,001 124,017 873,763 322,954 680 6,039,753 52

5 45,286,043 51,447,412 8,985,616 6,701,471 11,834,165 22,988,512 (20,908,950) 126,334,269 316,617 758,018 421,449 3,082,335 4,578,419 37,250 94,403 457,729 5,260,734 4,644,488 10,494,604 17,971 1,258,272 1,276,243 60,744 125,470 228,265 162,982 577,461 1,900,360 145,161,356 37,297,738 26,830,243 6,699,771 4,113,017 6,719,168 21,869,476 (20,908,950) 82,620,463 4,211,267 86,831,730 53

5 42,319,893 49,968,655 7,638,141 6,244,917 11,550,756 22,261,085 (19,456,550) 120,526,897 324,637 724,947 405,225 2,943,846 4,398,655 37,526 101,635 495,533 915,706 4,608,479 6,158,879 20,951 1,315,021 1,335,972 113,479 151,016 285,259 2,325,552 2,875,306 2,445,594 137,741,303 35,735,638 27,333,061 5,352,662 4,071,499 6,549,753 21,619,492 (19,456,550) 81,205,555 3,950,933 85,156,488 54

5 (a) 55

5 (a) 6,170,526 3,282,353 5,884,055 2,425,223 3,231,644 1,763,023 5,024,226 3,867,116 634,534 411,039 15,825,436 10,435,073 926,374 676,499 366,082 55,466 21,377 15,086 7,063,116 6,042,041 400,209 322,649 45,547,579 29,295,568 56

5 (b) 25,887,996 20,631,670 2,172,452 2,375,007 54,998,866 53,241,938 83,059,314 76,248,615 57

6 64,864,268 62,464,329 451,817 465,517 2,044,758 2,058,623 217,152 214,321 67,577,995 65,202,790 65,202,790 57,512,556 (355,077) (428) 1,334 4,680,014 5,511,569 (212,641) (108,317) (1,670,032) (1,819,285) 26 6,966 (67,059) (46,640) 67,577,995 61,057,755 7 Sigma Enterprises LimitedSigma 9.64% Wattrus LimitedWattrusSigma 79.4% 5.12%520,000,0003,547,388,000 Sigma Wattrus 16.49% 5.12% Sigma WattrusSigma Wattrus Sigma Wattrus 58

8 a 111,184 1,011 142,082 b 1,818 c 141,055 113,051 141,055 111,184 115,880 142,082 ---------------- ---------------- ---------------- ---------------- a (27,740) (55,192) c (141,055) (113,051) (141,055) (27,740) (113,051) (55,192) ---------------- ---------------- ---------------- ---------------- 83,444 2,829 86,890 59

8 (a) 1,285 2,190 45 (b) 6,880,000,000 394,0002,688,000 (c) 200,000,0001,365,640,000 200,000,0001,365,640,000 1.051.16 1.051.16 60

9 a b 6,808,335 4,494,047 306,095 160,163 34,386 38,400 5,155 3,355 77,355 135,583 7,231,326 4,831,548 a b 93,020 97,339 7,324,346 4,928,887 ---------------- ---------------- c 4,131,379 3,122,005 d 440,526 367,421 d 85,531 61,791 d 141,068 42,823 d 305,137 198,293 5,103,641 3,792,333 ---------------- ---------------- 5,796 6,361 ---------------- ---------------- 12,433,783 8,727,581 61

9 (a) (b) 90 1 3 6,969,141 4,644,036 4 6 276,206 227,413 7 12 105,356 93,302 1 2 62,991 81,228 2 3 17,588 24,159 3 97,576 97,850 7,528,858 5,167,988 (204,512) (239,101) 7,324,346 4,928,887 (c) (d) 70,000,000475,363,000 10 (a) 1.00H 2,580,600 2,580,600 2,580,600 2,580,600 1.00A 7,635,674 7,635,674 7,635,674 7,635,674 10,216,274 10,216,274 10,216,274 10,216,274 62

10 (b) 3.195 15,267,000 15,267,000 3.588 19,230,000 (65,000) 19,165,000 9.540 24,485,000 (60,000) 24,425,000 58,982,000 (125,000) 58,857,000 3.195 15,367,000 15,367,000 3.588 19,360,000 (40,000) 19,320,000 9.540 24,520,000 (35,000) 24,485,000 59,247,000 (75,000) 59,172,000 63

10 (c) 9.54 2,369,000 2,369,000 13.75 22,972,000 (510,000) 22,462,000 19.30 16,370,000 (400,000) 15,970,000 41,711,000 (910,000) 40,801,000 9.54 2,461,000 (4,000) 2,457,000 13.75 23,442,000 (250,000) 23,192,000 19.30 16,880,000 (320,000) 16,560,000 42,783,000 (574,000) 42,209,000 64

11 a 12,567,054 12,044,567 31,235,165 31,695,047 a 32,527 34,084 600,000 600,000 a 105,477 119,712 353 1,567 123,757 129,995 c 12,057,796 12,022,077 56,722,129 56,647,049 (4,039,242) (3,529,595) 52,682,887 53,117,454 (a) (i) (ii) (iii) (iv) 18,174,792,000 17,734,420,000 65

11 (b) 56,647,049 (3,649,617) 3,901,429 (235,531) 27,309 31,490 56,722,129 25,591,963 (2,821,434) 20,772,303 (10,567) 14,589 (52,203) 43,494,651 (c) (i) 10,000,000,000 3.77% (ii) 300,000,000 2,037,270,0005.96% 99.367% 5.875%1,899,00012,896,000 66

12 4(a) 266,194 1,304,570 1,419,030 31,678 3,021,472 (11,955) (92,368) (894,344) (8,509) (1,007,176) (14,639) (175,167) (189,806) 535 89,719 549,615 639,869 (183) (1,139) (75) (1,397) 254,774 1,287,099 897,995 23,094 2,462,962 (85,706) (897,995) (12,150) (995,851) 254,774 1,201,393 10,944 1,467,111 323,420 1,435,572 5,235,690 63,797 7,058,479 (4,370) (72,269) (3,853,887) (7,759) (3,938,285) (1,046) (9,360) (830,949) (841,355) 55,968 911,738 2,000 969,706 318,004 1,409,911 1,462,592 58,038 3,248,545 (72,236) (81,543) (1,263,621) (15,486) (1,432,886) 245,768 1,328,368 198,971 42,552 1,815,659 67

13 2 3 14 a b 5,793,492 5,382,995 1,303,253 1,199,286 225,476 196,762 300,339 104,237 63,672 45,746 7,686,232 6,929,026 a b 538,136 208,075 8,224,368 7,137,101 ---------------- ---------------- 2,725,779 2,483,550 ---------------- ---------------- 9,066,580 7,615,940 ---------------- ---------------- 92,699 92,699 ---------------- ---------------- c 17,361 163 207,307 217,760 23,898 29,650 13,973 14,087 100,798 100,636 363,337 362,296 ---------------- ---------------- 20,472,763 17,691,586 68

14 (a) (b) 1 6 7,618,822 6,761,981 7 12 345,718 169,162 1 2 181,034 160,932 2 3 53,368 20,791 3 25,426 24,235 8,224,368 7,137,101 (c) 15 2,369,808 3,702,529 982 837 2,370,790 3,703,366 69

16 7,136 2,301 24,290 243,075 36,283 20,790 35,389 31,812 214,065 47,890 96,055 13,704 92,224 47,890 581 36,691 667,069 2,688 767 37,683 1,605,159 1,768,141 10,731 8,715 27,193 15,013 26,949 27,416 6,132,008 4,138,502 1,755,566 1,563,587 8,422,524 10,660,702 351,959 339,986 100,978 89,759 111,179 1,233 15,194 18,606 549,615 911,738 91,680 63,697 25,729 49,850 70

17 (54,008) (62,049) (11,481) (17,715) (207,936) (140,582) (273,425) (220,346) ----------------- ----------------- 376,844 410,960 1,060 2,355 14,606 34,711 5,396 5,829 219,095 128,044 (28,752) 55,216 31,490 (52,203) 2,738 3,013 619,739 584,912 22,861 11,815 4,448 2,774 30,474 15,765 (71,419) (28,738) 606,103 586,528 ----------------- ----------------- 332,678 366,182 71

18 a 160,656 133,710 b 974 3,195 c 95,302 11,688 (819) (35,772) 256,113 112,821 d 710,875 (125,383) 966,988 (12,562) (a) 25% 11% 22%10% 20% (b) 16.5%16.5% (c) 13% 46%13% 46% (d) 1,532,458,000 1,220,800,000 6,504,981,000 5,248,375,000 10,448,246,000 10,925,097,000 72

19 (a) 850 (b) (i) (ii) 20 3,445,950,000 (4,602,115,000) 10,216,274,357 10,216,274,357 0.3373 (0.4505) 73

21 b 12,705 14,375 (a) (b) (c) ADKAronis-Drettas-Karlaftis Consultant Engineers S.A., ADK (Piraeus Container Terminal S.A.)5,800,000 47,972,000 / 74

22 (a) 887,700 2,367,058 1,974,305 1,200 8,744 8,660 2,377,002 2,870,665 695,377 12,427 21,882,893 24,793,490 2,419,639 1,852,259 3,843,782 3,963,531 21,640 25,893 28,863,331 30,647,600 114,393 61,215 17,887 38,661 132,280 99,876 75

22 (b) 17,852,033 17,869,468 40,685,957 43,633,366 24,968,218 27,926,804 83,506,208 ----------------- 89,429,638 ----------------- 208,637 234,419 997,369 1,148,053 25,762,826 30,803,990 26,968,832 ----------------- 32,186,462 ----------------- 359,127 323,282 495,271 467,567 854,398 ----------------- 790,849 ----------------- 110,396 118,566 167,237 187,549 153,339 181,017 430,972 ----------------- 487,132 ----------------- 134,993 90,807 135,325 138,586 16,709 6,005 287,027 235,398 ----------------- ----------------- 112,047,437 123,129,479 76

23 24 24 a 64,875 64,939 b 17,204 9,138 77

23 b 160,980 80,343 b 3,666 3,175 b 31,959 b 14,362 8,038 b 29,753 28,466 b 1,707 2,764 a 204,510 202,100 b 88,589 b 173,098 179,349 b 18,362 18,208 b 4,658,848 3,144,097 b 334,412 225,027 b 83,298 65,042 b 53,252 70,223 b 33,330 9,665 b 1,103 4,240 b 25,138 9,276 b 4,938 6,957 b 20,523 26,243 c 1,142,258 2,134,286 d 850 78

23 b 11,901 2,435 b 87,407 100,920 b 14,435 13,245 b 5,055 3,516 b 87 9,463 b 337,016 309,916 b 982 1,127 b 4,640 5,494 b 2,090 2,098 b 328 6,247 b 362 360 b 3,305 3,313 e 496,382 135,678 f 184,144 236,384 g 112,073 b 127,901 133,883 79

23 (a) (b) (c) (d) (e) (f) (g) (i) (ii) 850,00051% 20% 16,400,000112,073,000 5,516,00037,683,000 80

23 21,990,163 23,142,320 31,704,363 30,316,804 141,370,00091,354,000 238,139,000216,744,000 (21,896) 48,201 94 89 (21,802) 48,290 81

24 1 28,923,470 746,019 (i) (373,921) 29,295,568 (4,151,270) (1,336) (4,152,606) 19,406 (6,844) 12,562 (4,131,864) (8,180) (4,140,044) (i) 25 (a) (b) 49% 2,000,000,000143,200,000 241,702,000 344,993,000 10.4449,000,000 584,100,0003,984,831,000 Sigma Wattrus 51.20% 42.72%3,827,224,000 157,607,000 82

26 6,966 24,213 123,600 7,861 (142,818) (2,173) 17,649 (12,410) 5,239 14,873,000 117,000 27 83

38 83 3434 34 2410 34 84