2017

1 2 4 6 8 28 43 47 57 75 83 85 87 88 92

2 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands

3 60 28 18 SMP Partners (Cayman) Limited Royal Bank House 3rd Floor 24 Shedden Road P.O. Box 1586 Grand Cayman KY1-1110 Cayman Islands 183 17 1712-1716 10 12 2188 www.titans.com.cn

4 327,861 289,298 195,902 178,517 175,933* 113,147 94,675 71,785 60,090 48,036* 163,706 7,279 (26,061) (43,831) (33,811) 54,626 109,409 (25,205) (43,621) (33,136) 0.177 0.008 (0.030) (0.052) (0.041) 0.165 0.008 (0.030) (0.052) (0.041) * 1,061,898 966,908 731,576 618,402 666,922 285,679 109,562 57,038 75,333 103,311 776,219 857,346 674,538 543,069 563,611 404,463 381,866 253,789 206,865 218,537 382,409 263,517 244,470 197,609 209,155 393,810 593,829 430,068 345,460 354,456 657,435 585,042 477,787 411,537 448,385

5 (1) 148 176 228 203 164 (2) 267 302 483 477 500 (3) 120 122 208 201 208 (4) 2.03 3.25 2.76 2.75 2.69 (5) (%) 20.90 23.30 17.32 15.36 14.92 (6) (%) 25.96 1.26 (5.58) (10.70) (7.54) (1) 365 (2) 1+17% 365 (3) 1+17% 365 (4) (5) 100% (6) 100%

6 (China Titans Energy Technology Group Co., Limited) 79.477.7 53.8% 53.3%66.765.2 59.8% 59.6% 150 21.4 + 211,521,000 21.20%10,414,000 3 Aquion AGV 3-5

7

8 327,861,000 13.33% BOT % % 97,065 29.61 83,282 28.79 211,521 64.51 174,523 60.32 BOT 6,835 2.08 26,692 9.23 10,414 3.18 2,552 0.88 2,026 0.62 2,249 0.78 327,861 100 289,298 100 163,706,000 54,626,0007,279,000109,409,000 156,427,00054,783,000 (1) (2)(3) 97,065,000 16.55%

9 211,521,000 21.20% BOT BOT 6,835,000 BOT 26,692,000 19,857,000 BOT 10,414,000 2,552,0003.08 2,026,000 2,249,000 9.92%

10 79.4 77.753.8% 53.3% 66.765.2 59.8% 59.6% 327,861,00013.33% 163,706,000156,427,000 2017 100AH 2017 97,065,000 16.55%

11 211,521,000 21.20% 2017 1. 3,084 3.14% 2. EPC (Engineering Procurement Construction) EPC 2017 EPC 3. 2017 9 45% 4. 30-400kw

12 5. (EOMP) (GIS) 24 6. 40% 2,000,000 AGV

13 3 1,000 (BOT) BOT BOT

14 (1)1,000V (2) (3) 2.0 (4) (5) EPC

15 20 2018 2037 APP APP2.01.0 APP APP

16 + + 289,298,000 327,861,000 13.33% 21.20% 3.08 194,623,00010.32% 214,714,000

17 % % % % 22,665 20.03 23.35 19,885 21.00 23.88 83,202 73.54 39.34 64,169 67.78 36.77 BOT 1,919 1.70 28.07 9,338 9.86 34.98 4,786 4.23 45.96 677 0.72 26.53 575 0.50 28.38 606 0.64 26.95 113,147 100 34.51 94,675 100 32.73 94,675,00019.51% 113,147,000 32.73% 34.51% 13,514,00048.14% 20,019,000 2,401,000 3,767,000 52,027,0006.9% 48,438,000 17.98% 14.77%

18 (1) 4,153,000 (2)575,000 (3) 340,000 (4)7,783,000 (5) 874,000 62,363,0005.47% 65,773,000 21.56% 20.06% 3,410,000 (1)3,374,000 (2) 248,000 (3)523,000 (4) 3,491,000 (5) 2,572,000 (6)1,753,000 (7) 100,000,000 99,000 7,294,000 17,854,000 10,560,000 35% 35% 3,050,000 20% 20% 23,000

19 26.4% 26.4% 1,611,000 49%49% 58,000 0% 10% 10%135,000,000 149,850,000 10%135,000,000 136,174,000 62,652,000 13,333,000 5% 2,222,000 12,659,00031.88% 16,695,000 4.38% 5.09% 41,145,000 5,998,000 20.5% 54.8%

20 4,540,0002,324,000 163,706,000 7,279,000 156,427,00049.93% 2.52% (1) (2)(3) 54,626,000 109,409,000 54,783,000 % % 8,640 11.26 9,735 9.94 11,275 14.70 13,120 13.40 56,802 74.04 75,038 76.66 76,717 100.00 97,893 100.00 97,893,000 76,717,000 176 148

21 228,365,000216,407,00011,958,000 333,094,000332,231,000863,000 % % 151,080 151,080 45.47 81,572 81,572 37.69 0 90 27,001 27,001 8.13 33,208 33,208 15.35 91 180 21,636 21,636 6.51 9,560 9,560 4.42 181 365 78,136 78,136 23.52 39,699 39,699 18.34 12 45,565 (4,314) 41,251 12.42 54,586 (10,798) 43,788 20.23 23 23,433 (14,325) 9,108 2.74 15,158 (8,343) 6,815 3.15 3 39,877 (35,858) 4,019 1.21 46,246 (44,481) 1,765 0.82 386,728 (54,497) 332,231 100 280,029 (63,622) 216,407 100 10% 80% 10%12 18 90 (1) (2)

22 7,294,000 17,854,000 63,968,00058,576,0005,392,000 101,193,00088,997,00012,196,000 122 120 90 73,017 50,059 91 180 5,541 9,198 181 365 14,980 4,711 12 7,655 101,193 63,968

23 133,000 0.4% 6.53% 149,850 0.32% 4.67% 83,567 4.35% 1,945 5.75% 75,412 4.35% 3,450 5.75% 221,962 225,262 221,962,000 225,262,000 138,395,000 149,850,000 0.4 6.53 0.32 4.67 657,435,000 585,042,000776,219,000 857,346,000 382,409,000 263,517,000 133,133,000143,844,000 61,433,000148,548,000 657,435,000 585,042,000 100,000,000 221,962,000 225,262,000

24 1 347,000 18,000,000 3,085,000 13,600,000 9,247,000 40% 2,000,000AGV 45% 14,999,000 449,000 64,028,00065,636,000

25 2,209,000 2,902,000 534490 99,000997,000 100,000,000

26 243,600,000214,588,000 84,096,0001.19 100,000,000 1.19 84,033,613 100,000,000

27 (1) 100,074,240 99,500,00081,988,000 81,518,000 1.183 (2) 100,000,000 99,727,000 84,246,00084,016,000 1.187 40% 50% 10% 32,607 33,606 66,213 50,058 40,759 42,008 82,767 82,767 8,152 8,402 16,554 1,772 81,518 84,016 165,534 134,597 30,937,000

28 (i) (ii) (iii)(iv) BOT 46 (i) (ii) (iii) (iv) BOT 6 8384 18317 1712 1716

29 827 1. 2.

30 3. 4. (i) BOT (ii) 100,000,000 80,860,0004.75%

31 8 27 827

32 31.82% 33.41% 8.91% 17.5% 5% 45 b 15 34 290.0 298.3

33 4 5 827

34 10% 80,000,0008.65% 10% 79,880,000 8.64% 30% 1% 1.00 10 (i) (ii) (iii)

35 * * * * 84(1) 84(2) 83(3)

36 (i) (ii) 50,00050,000 10% (iii) 3% (iv) 10,000

37 11 13.51B (1) 3.13 10

38 Genius Mind Enterprises Limited, Great Passion International Limited, Rich Talent Management Limited Honor Boom Investments Limited 11 12 42

39 43 46 XV 7 8 35210 XV 205,709,875 2 22.24% 200,000 0.02% 195,869,875 3 21.17% 400,000 0.04% 1. 2. Genius Mind Enterprises Limited Genius Mind Genius Mind197,724,457 Rich Talent Management Limited Rich Talent50% 7,985,418 3. Great Passion International Limited Great Passion Great Passion187,884,457 Rich Talent 50%7,985,418

40 XV XV 7 8 352622 XV 2 3 336 2 205,909,875 22.26% Genius Mind3 197,724,457 21.37% 4 196,269,875 21.22% Great Passion5 187,884,457 20.31% Honor Boom6 82,458,117 8.91% 6 82,458,117 8.91% 7 82,458,117 8.91% Thomas Pilscheur 66,244,818 7.16% 8 66,244,818 7.16% 9 168,129,613 18.18% 9 168,129,613 18.18% 9 168,129,613 18.18%

41 1. 2. 3. Genius MindGenius Mind Genius Mind 4. 5. Great Passion Great Passion Great Passion 6. Honor Boom 40% 30% 30% Honor Boom82,458,117 7. 8. Thomas PilscheurThomas Pilscheur 9. 168,129,613(i)84,096,000(ii) 1.19 84,033,613 43.82% XV 2 3 336 4414A

42 47 56 http://www.titans.com.cnhttp://www.hkexnews.hk

43 SMP-R1022FC Titans BVI Limited Rich Talent Management Limited 50%7,985,418 Titans BVI Limited Rich Talent Management Limited 50%7,985,418

44 908 9 002851TRIZ

45 Honor Boom8.91% 40% Honor Boom8.91% 30%

46

47 43 46 6/6 1/1 6/6 6/6 2/2 1/1 6/6 2/2 1/1 1/1 6/6 2/2 1/1 1/1

48 3.13 10

49 1. 2. 3. 4. 5. 6 47

50

51 10,000 3.2915

52 1,060 350

53 11 202,000 387,000 1. 2. 3.

54 1. 2. BOT

55 75 82 28 42

56 21 (IR@titans.com.cn)

57 ESG ESG 47 56 ESG, ESG ESG ESG ESG (http://www.titans.com.cn/) IR@titans.com.cn

58 2188 T Talent Trust Team Technology

59 75%20% :

60 2017

61 ISO 9001:2008 / 2017 2017 11 2017 6 24

62 ISO 14001 3R 26

63 Office AutomationOA OA 20,000 Enterprise Resource PlanningERP 3R 3R ISO 14000:2004 GB12523-2011

64

65 25

66

67 PMP ( 6S

68 OHSAS 18001:2007

69

70 6S 100%

71 24

72 2017 8 6 5

73 2017 ( ) 34 ( ) 0.34 ( ) 3 ( ) 4 ( ) 0.11 ( ) 0.31 ( ) 1 921 ( / ) 5 ( ) 9 ( ) 31 ( / ) 0.17 ( ) 403 ( / ) 2.18 () 1,506 (/ ) 8 () 260 () 1,246 () 7,770 (/ ) 42 ( ) 11 ( / ) 5.37 ( ) 0.48 ( / ) 0.24 ( ) 5 ( / ) 1.54 1 1 2 3

74 2017 534 386 148 50 24 30 50 333 30 177 ( )(%) 13 (80) 14 (88) 5 (84) 31 (100) 13 (80) 2017 () 36,000 14 62

75 83 203

76 22 110 76,717,000

77 23 113 114 332,231,000 54,497,000 7,294,000

78 31 115 100,000,000 20 113 24,609,000

79 18 33 109 110 6,835,000 28,884,000 (i) (ii)

80

81

82 P05044

83 5 327,861 289,298 (214,714) (194,623) 113,147 94,675 7 20,019 13,514 (48,438) (52,027) (65,773) (62,363) 23 (7,294) (17,854) 23 13,164 30,760 20 (1,983) 24 4,650 38 (11,985) (575) 19 5,138 20 2,222 87 21 (752) 136,174 62,652 (4,742) (521) 31 8,612 10,111 8 (16,695) (12,659) 200,311 10,953 9 (41,145) (5,998) 10 159,166 4,955

84 (8,176) 136,174 1,226 (34,044) (136,174) 34,044 (109,080) 102,130 50,086 107,085 163,706 7,279 (4,540) (2,324) 159,166 4,955 54,626 109,409 (4,540) (2,324) 50,086 107,085 14 17.70 0.79 16.52 0.79

85 15 56,837 26,550 16 8,301 8,613 17 449 13,000 15,000 18 32,085 25,300 19 8,332 12,094 20 159,152 14,828 32 7,523 7,177 285,679 109,562 22 76,717 97,893 23 333,094 228,365 24 157,980 57,778 16 312 312 25 4,137 2,175 21 9,248 31 165 13,331 26 61,433 148,548 26 73,000 130,014 26 60,133 13,830 776,219 692,246 27 165,100 776,219 857,346 28 101,193 63,968 6,791 11,838 29,963 10,937 29 185 31 175 22,200 25,590 4,724 31 83,567 30 134,945 149,850 382,409 263,517 393,810 593,829 679,489 703,391

86 31 75,412 32 18,604 42,937 30 3,450 22,054 118,349 657,435 585,042 34 8,087 8,087 622,599 567,973 630,686 576,060 26,749 8,982 657,435 585,042 83 203

87 (a) (b) (c) 8,087 325,141 8,640 504 (1,539) 38,633 2,066 85,119 466,651 11,136 477,787 7,279 7,279 (2,324) 4,955 136,174 136,174 136,174 (34,044) (34,044) (34,044) 102,130 7,279 109,409 (2,324) 107,085 321 (321) 2,380 2,380 38 (2,210) (2,210) 8,087 325,141 8,640 504 102,130 (1,539) 38,954 2,066 92,077 576,060 8,982 585,042 163,706 163,706 (4,540) 159,166 (136,174) (136,174) (136,174) 34,044 34,044 34,044 (8,176) (8,176) (8,176) 1,226 1,226 1,226 (109,080) 163,706 54,626 (4,540) 50,086 23,255 (23,255) 300 300 1,225 1,225 20,782 20,782 8,087 325,141 8,640 504 (6,950) (1,539) 62,209 2,066 232,528 630,686 26,749 657,435 (a) (b) (c)

88 200,311 10,953 3,420 1,572 312 312 (1,209) (688) 14,274 11,780 (105) 16,695 12,659 11,985 575 (5,138) (2,222) (87) (136,174) (62,652) (35) 242 752 (5,796) (2,029) (155) (362) 1,983 7,294 17,854 (4,650) (13,164) (30,760) 4,742 521 (8,612) (10,111) 101 BOT (1,919) (9,338) (2,493) 1,829 25,249 (2,782)

89 22,003 (23,516) (98,754) 109,865 (89,364) (2,437) (1,962) (2,141) 21 (10,000) 36,443 (8,423) (232) 4,370 6,148 (4,252) 185 (110,284) 70,684 (10,531) (2,374) (120,815) 68,310

90 (2,000) (105,014) 59,014 5,000 13,333 2,235 60,750 1,209 688 2,122 800 155 362 (980) (11,850) (29,147) (12,708) 17,000 5,000 (13,000) (15,000) (24,609) (6,111) (4,916) (17,354) 37 (14,348) 24(iii) (19,904) 38 31,560 1,013 76,239 (152,939)

91 112,163 97,850 (123,618) (74,700) 117,305 7,162 (30,190) (73,887) 31 84,246 (230) 15,000 1,525 2,380 (799) 5,796 2,029 (7,102) (4,213) 90,879 39,838 46,303 (44,791) 13,830 58,621 60,133 13,830

92 1. (i) (ii) (iii)(iv) BOT 46 2. 7 12 12

93 2. 7 739 39 9 1 15 1 16 2 17 3 1 2 2 1 4 4 9 1 9 2 10 4 28 28 2 40 1 1 22 2 23 1 2 3 4

94 2. 9 9 9 9 9 9 9 9 9 9 9 39

95 2. 9 9 39 9 9 9 3939 39 9

96 2. 9 9 (a) 9 (b) 9 9

97 2. 15 15 15 (i) (ii) (iii) (iv) (v) 15 1518 11 15 BOT 15 18 15 15

98 2. 15 BOT 15 15 15 16 16

99 2. 16 16 16 17 1617 16 1615 40 5,982,00016 16 16 16

100 3. (i) (ii) (iii) (i) (ii) (iii)(iv)

101 3. (i) (ii) (iii) 39

102 3.

103 3. 39

104 3.

105 3.

106 3.

107 3.

108 3.

109 3.

110 3.

111 3.

112 3. 36(c)

113 3. 90

114 3.

115 3.

116 3.

117 3.

118 3. 4. 3

119 4. 2,209,000 2,902,000 37 51% 40% 3751% 45% 46 50%

120 4. 1920% 3 BOT BOT 6,835,000 26,692,0006,835,000 26,692,000BOT 32,085,000 25,300,000

121 4. 41,982,000 47,851,000 8,176,000 7,523,000 7,177,000 (i) 12,516,000 15,771,000 (ii) 33,273,000 39,143,000 90 (i)(ii) (iii)

122 4. 333,094,000 228,365,00054,497,000 63,622,000 7,294,000 17,854,000 13,164,000 30,760,000 68,233,000 23,477,000 88,038,000 32,599,000 4,650,000 56,837,000 26,550,000

123 4. 56,837,000 26,550,000 8,613,000 8,925,000 8,332,000 12,094,000 76,717,000 97,893,000

124 4. 159,152,000 14,828,000 9,248,000 137,100,000 36(c) 36(c) 165,000 13,331,000 175,000 22,200,000

125 5. (i) (ii)bot(iii) (iv)(v) 308,586 257,805 BOT 6,835 26,692 10,414 2,552 48 2,080 1,978 169 327,861 289,298 6. 8 (i) (ii) (iii) BOT (iv) (i) PASS (ii) (iii) BOT

126 6. 97,065 211,521 17,249 2,026 327,861 43,976 54,206 5,481 574 104,237 19,984 (11,985) 2,222 (752) 136,174 62,652 (4,742) 8,612 (99,396) (16,695) 200,311

127 6. 83,282 174,523 29,244 2,249 289,298 49,021 40,135 8,563 606 98,325 13,514 (1,983) (575) 5,138 87 (521) 10,111 (100,484) (12,659) 10,953 3

128 6. 183,396 120,150 364,094 242,275 60,610 53,871 8,172 7,213 616,272 423,509 9,248 165,100 436,378 378,299 1,061,898 966,908 32,090 22,186 70,311 46,308 5,036 6,813 732 499 108,169 75,806 296,294 306,060 404,463 381,866 * *

129 6. 6,120 42,878 6,835 1,067 56,900 7,294 7,294 (13,164) (13,164) (35) (35) 2,492 12,318 3,196 18,006 8,332 8,332 13,000 13,000 159,152 159,152 4,742 4,742 752 752 11,985 11,985 (2,222) (2,222) (136,174) (136,174) (62,652) (62,652) (1,209) (1,209) 16,695 16,695 41,145 41,145

130 6. 536 8,731 26,692 3,441 39,400 17,373 481 17,854 (30,760) (30,760) (4,650) (4,650) 242 242 4,009 8,203 1,452 13,664 12,094 12,094 15,000 15,000 14,828 14,828 521 521 (5,138) (5,138) 575 575 (87) (87) 1,983 1,983 (688) (688) 12,659 12,659 5,998 5,998

131 6. 10% 1 2 32,219 1 57,537 2 1 2 10%

132 7. (a) 11,620 9,219 105 1,209 688 35 (b) 5,796 2,029 841 155 362 71 162 997 187 57 20,019 13,514 (a) (b) 8. 31 14,081 10,492 2,109 1,558 1,313 609 17,503 12,659 (808) 16,695 12,659 10.26%

133 9. 31,397 4,136 32 9,748 1,862 41,145 5,998 16.5% 25% 25% 15% 15% 15% 15% 25%

134 9. 200,311 10,953 15% 15% 30,046 1,643 3,574 4,561 (1,182) (2,742) 1,177 130 3,817 5,022 8,910 (426) 179 (42) (640) (2,888) (220) (2,267) (1,509) 41,145 5,998 15% 15% 32

135 10. 11 1,234 1,339 66,478 54,490 5,587 5,243 73,299 61,072 3,420 1,572 312 312 1,184 1,066 99 (997) 202,762 174,902 14,274 11,780 (35) 242 3,287 2,888 28,709 25,387

136 11. 101 101 101 303 462 462 924 7 7 469 462 101 101 101 1,234

137 11. 103 103 103 309 498 498 996 17 17 34 515 515 103 103 103 1,339

138 12. 11 922 917 37 26 26 28 985 971 1,000,000 834,000 1,000,000862,000 13.

139 14. 163,706 7,279 14,081 (2,493) (8,612) 166,682 7,279 2017 2016 925,056 925,056 : 84,034 1,009,090 925,056

140 15. 16,144 14,340 14,729 11,199 15,590 72,002 2,119 3,441 7,148 12,708 (461) (789) (437) (1,422) (3,109) 38 (1,358) (432) (2,790) (4,580) (1,900) (1,900) 15,683 14,340 14,701 11,871 18,526 75,121 1,231 3,321 13,799 25,796 44,147 37 773 265 702 1,740 (763) (89) (2,287) (3,139) 38 (72) (72) 8 808 808 15,683 14,340 15,870 15,368 30,740 26,604 118,605 12,488 8,816 8,916 2,851 9,243 42,314 707 2,725 2,279 2,455 3,614 11,780 (414) (232) (289) (1,132) (2,067) 38 (987) (69) (1,946) (3,002) (454) (454) 12,781 11,541 9,976 4,494 9,779 48,571 693 2,168 3,065 2,880 5,468 14,274 (625) (69) (358) (1,052) 38 (25) (25) 13,474 13,709 12,391 7,305 14,889 61,768 2,209 631 3,479 8,063 15,851 26,604 56,837 2,902 2,799 4,725 7,377 8,747 26,550

141 15. 4.5% 5 18-19% 18-19% 18-19% 2,209,000 2,902,000 3,557,000 30 1,446,000 16. 312 312 8,301 8,613 8,613 8,925

142 17. 642 38(b) (642) 37(b) 449 449 642 38(b) (642) 449 37(b) 13.75% 2% 38(b)

143 18. (i) (ii) 3,000 3,000 26,692 26,692 3,000 26,692 29,692 6,835 6,835 37(a) 3,370 3,370 6,370 33,527 39,897 2,820 2,820 120 1,452 1,572 2,940 1,452 4,392 229 3,191 3,420 3,169 4,643 7,812 3,201 28,884 32,085 60 25,240 25,300

144 18. (i) (ii) 33BOT BOT 20,912,000 2,613,000 1,307,000 BOT 5,780,000 578,000 145,000 BOT 6,835,000 19. 14,080 13,100 (5,748) (1,006) 8,332 12,094 (i) 15,000,0005,250,000 35%

145 19. (ii) 25.5% 1,102,00025.5%38(a) 51%25.5% 38(a) 481,000 25.5% 957,913 3.6% 5,138,000 (iii) 80% 20,000,000 6,600,00033% (iv) 2,000,000980,000 49%

146 19. 20% 20% 20% 20% 35% 35% 35% 35% 26.4% 26.4% 26.4% 26.4% 49% 49% 1,250 1,250 6,446 6,449 109 221 4,013 4,013

147 19. 604 (115) 152 2,542 2,657 20% 20% 205 205 713 736 5,250 5,250 13,562 8,600 26,217 17,544 27,709 1,881 7,109 10,589

148 19. 3,596 913 (8,713) (1,326) 4,961 13,674 35% 35% 1,736 4,786 6,600 6,600

149 19. 71,572 24,904 61,341 39,221 10 74,900 9,168 (6,102) (106) 18,792 24,894 26.4% 26.4% 4,961 6,572

150 19. 980 1,233 691 43 45 (119) 1,881 49% 922

151 20. 134,543 3,717 24,609 11,111 159,152 14,828 (i) 8.94% 2,235,000 87,000 (ii) 10% (i) 60,750,000(ii)2,185,108 27 (iii) 11,111,000 5%5% 13,333,0005% 2,222,000

152 20. (iv) 19(ii)25.5%5.95 957,913 3.6% 5,862,000 1,983,000 (v) 20(ii) 27 10% 63.37 2,193,500 0.5% 2,185,1082,193,500 14,038,000 30(ii) 33,000,000 (vi) Juline Corporation 5% 2,000,000 13,090,000 (vii) 10% 11,000,000

153 21. 9,248 10,000,000 752,000 22. 8,640 9,735 11,275 13,120 56,802 75,038 76,717 97,893 23. 386,728 280,029 (54,497) (63,622) 332,231 216,407 863 11,958 333,094 228,365 0 90 91 180181 365263,000 2,958,000 300,000 9,000,000 300,000

154 23. 39,081,000 45,674,00033,608,000 40,126,000 5,473,000 5,548,0001 2 2 3 0 90 151,787 81,572 91 180 26,626 34,094 181 365 86,798 34,737 1 2 50,527 55,188 2 3 10,379 8,462 3 6,114 2,354 332,231 216,407 9090 4

155 23. 51,783,000 79,897,000 21,288,00053,464,000 13.4% 20.6% 7.3% 18.3% 181,151,000 134,835,000 0 90 27,001 33,208 91 180 21,636 9,560 181 365 78,136 39,699 1 2 41,251 43,788 2 3 9,108 6,815 3 4,019 1,765 181,151 134,835 151,080 81,572 332,231 216,407 63,622 76,528 7,294 17,854 (13,164) (30,760) (3,255) 54,497 63,622 54,497,000 63,622,000

156 24. (i) 88,038 32,599 (ii) 88,038 32,599 (iii) 20,009 48,224 23,477 68,233 23,477 1,709 1,702 157,980 57,778 (i) (ii) Aqua DC 8,800,00057,960,000 4,650 (4,650)

157 24. (iii) (a) (b) (c) 4,000,000 105,0007% 1,600,000 10,472,000 10% 830,0005,432,000 10% 25. 0 90 356 91 180 181 365 3,781 2,175 4,137 2,175

158 25. 0 90 91 180 945 544 181 365 2,836 1,631 3,781 2,175 356 4,137 2,175 9090

159 26. (i)10,551,000 5,843,000 (ii) 50,882,000 142,705,000 48,000,000 139,850,00030 0.3 1.50.3 1.1 1.1 1.91.35 1.9 0.001 0.380.001 0.35 47,000 1,000 314,000 4,174,000 27. 28,000,000 31,076,000 3,076,000 5,000,000 38(e) 10%(i) 60,750,000(ii)2,185,108 10%137,100,000 136,174,000 (i)60,750,000 (ii)2,193,500 62,652,000 136,174,000

160 28. 88,997 58,576 12,196 5,392 101,193 63,968 0 90 73,017 50,059 91 180 5,541 9,198 181 365 14,980 4,711 1 2 7,655 101,193 63,968 9090 29.

161 30. 133,000 149,850 5,395 138,395 149,850 134,945 149,850 2,222 1,228 138,395 149,850 134,945 149,850 3,450 138,395 149,850

162 30. 48,000,000 139,850,000 12,000,000 10,000,0000.32% 0.32% 50% 5% 20(v) 33,000,0006.1% 5,395,0005.75% 3,557,000 0.32 6.53 5.90 13.410.32 4.67 95,000,00017,163,000 97,850,000 40,000,000 10,000,000 2,209,000 2,902,000 120,000,000 120,000,000 44(c) 48,000,000 139,850,00050,882,000 142,705,000 1,864,000 1,000

163 31. 100,000,000 84,246,000 4.35% 4.35% 1.19 19%

164 31. 65,610 (16,360) 34,996 84,246 (129) (129) 10,492 10,492 (2,046) (2,046) 1,485 (302) 646 1,829 3,331 (13,442) (10,111) 75,412 (13,331) 22,200 84,281 14,081 14,081 (3,680) (3,680) (2,246) 372 (619) (2,493) 12,794 (21,406) (8,612) 83,567 (165) 175 83,577

165 31. 101,000 8,612,000 10,111,000 0.93 1.17 1.21 1.19 1.19 1.19 34% 54% 63% 0.16 1.16 2 1% 0.85% 0.59% 32. 7,523 7,177 (18,604) (42,937) (11,081) (35,760)

166 32. 8,836 629 (9,319) 146 9 (1,659) (629) 426 (1,862) (34,044) (34,044) 7,177 (34,044) (8,893) (35,760) (843) (843) 9 (880) (8,910) 42 (9,748) 35,270 35,270 6,297 1,226 (17,803) (801) (11,081)

167 32. 356,063,000 177,855,000 33,273,000 39,143,000 1,677,000 2,475,000 31,596,000 36,668,000 5,447,000 10,882,00015,267,000 6,051,0004,050,000 7,625,00018,942,000 62,387,000 63,622,00041,982,000 47,851,000 8,176,000 7,523,000 7,177,000 356,063,000 177,855,000 136,174,000 801,000 18,604,000 42,937,00012,516,000 15,771,000

168 33. BOT BOT 0.5 0.6 110 5,000

169 34. 0.01 10,000,000,000 100,000 925,056,000 8,087

170 35. 3031 26 36. (a) 600,030 546,409 165 13,331 9,248 159,152 14,828 137,100 768,595 711,668 175 22,200 351,697 296,094 351,872 318,294

171 36. (b) (i) 479 17,505 83,742 97,612 29,146 1

172 36. (b) (i) 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 4,166 4,037 (1,337)

173 36. (b) (ii) 24 2630 26 3031 5050 5050 71,000 111,000

174 36. (b) (iii) 10% 10% 10% 11,436,000 279,000 786,000 12,222,000 279,000

175 36. (b) 13.4% 20.6% 7.3% 18.3%

176 36. (b) 101,193 101,193 101,193 28,357 28,357 28,357 185 185 185 86,225 86,225 83,567 123,727 123,727 121,000 12,491 12,491 12,000 2,552 2,552 1,276 6,380 5,395 354,730 2,552 1,276 358,558 351,697 63,968 63,968 63,968 6,864 6,864 6,864 3,732 89,532 93,264 75,412 140,050 140,050 139,850 10,169 10,169 10,000 224,783 89,532 314,315 296,094

177 36. (b) 100,000,000 100,000,000 84,390,000 85,800,000 (c) 165 165 9,248 9,248 134,543 134,543 24,609 24,609 134,543 9,248 24,774 168,565 175 175

178 36. (c) 13,331 13,331 3,717 3,717 11,111 11,111 137,100 137,100 3,717 161,542 165,259 22,200 22,200

179 36. (c) 134,543 3,717 9,248 11,111 (i) (i) (ii) 10.09% (ii)

180 36. (c) 137,100 (i) (i) (ii) 12.66% (ii) 24,609 (i)1.95 (i) (ii) (ii) 35% (iii) 49% (iii)

181 36. (c) 165 13,331 34% 1% 54% 0.85% 19% 19% 175 22,200 34% 1% 54% 0.85% 19% 19%

182 36. (c) 3,074 11,111 16,360 (34,996) (2,148) 302 (646) (3,331) 13,442 136,174 148,211 13,331 (22,200) 24,609 (148,211) (372) 619 (12,794) 21,406 24,609 165 (175) (d) 83,567 84,045 75,412 79,990

183 37. (a) 40% 2,000,000 AGV 2,000 68 3,370 124 67 397 2,002 (31) (7) (147) (843) 5,000

184 37. (a) 2,000 60% 3,000 (5,000) 2,000 (2,002) (2) 660,000 1,219,000 327,997,000 158,945,000

185 37. (b) 45% 14,999,000 449,000 14,999 1,672 703 38 30,441 649 (751) (178) (242) 32,332

186 37. (b) 14,999 55% 17,782 (32,332) 449 14,999 (649) 14,350 2,470,000 337,000 328,517,000 155,411,000

187 38. (a) 191,102,000 25.5% 1,102 1,144 5,479 1,273 3,279 74 (3,940) (4,873) 2,436 1,102 25.5% 621 1,194 (2,436) 481

188 38. (a) 1,102 (74) 1,028 (b) 51% 1,000

189 38. (b) 434 11,307 5,133 331 15 (12,418) (538) (1,820) (372) 2,072 1,016 (2,072) (1,056) (15) (15)

190 38. (c) 1 1,000 42 755 22 (1,166) (347)

191 38. (c) (347) (347) (22) (22)

192 38. (d) 18,000,000 100% 18,000 5 21,726 18 (664) 21,085

193 38. (d) 18,000 (21,085) (3,085) 18,000 (18) 17,982 (e) 13,600,000 13,600

194 38. (e) 17,528 28,000 (22,000) (681) 22,847 13,600 (22,847) (9,247) 13,600 13,600

195 39. 149,850 (14,877) 3,422 138,395 75,412 (3,680) 14,081 (2,246) 83,567 (13,331) 12,794 372 (165) 22,200 (21,406) (619) 175 15,000 15,000 234,131 (3,557) 17,503 (8,612) (2,493) 236,972

196 40. 3,709 2,873 2,273 144 5,982 3,017 71,000 162,000 1,978,000 169,000 68 594 8 68 602

197 41. 46,271 45,136 9,947 9,800 7,810 10,700 64,028 65,636 42. 10 11 12 43. 1 19,430,000 30%

198 44. (a) 5,166 15,657 (b) 1,227 1,305 7 34 1,234 1,339 (c) 120,000 120,000 30

199 45. 1 1 (a) 383,158 391,312 31 165 13,331 179 190 383,502 404,833 31 175 22,200 1,710 848 31 83,567 85,452 23,048 298,050 381,785 298,051 381,786 31 75,412 298,051 306,374 34 8,087 8,087 (b) 289,964 298,287 298,051 306,374

200 45. (a) (b) 325,141 (24,739) 300,402 (2,115) (2,115) 325,141 (26,854) 298,287 (8,323) (8,323) 325,141 (35,177) 289,964

201 46. (i) 232,000,000 232,000,000 100% 100% (ii) 30,000,000 100% (ii) 30,000,000 100% 100% 100% (ii) 3,000,000 3,000,000 (ii) 10,000,000 10,000,000 100% 100% (ii) 200,000,000 200,000,000 100% 100% (ii) 10,000,000 10,000,000 100% 100% 50% 50% (ii) 10,000,000 10,000,000 (ii) 33,333,000 45% (i) (ii)

202 46. 4 1 1 1 2 2 1 1 1 1 5 4 14 10 55% 49% (1,358) 16,424

203 46. 2,738 31,526 (4,402) 13,438 16,424 337 (2,807) (2,470) (1,112) (1,358) (2,470) (1,395) (1,066) 22,881 20,420

204 47. (i) BOT (ii) 80,860,000 4.75%