動 動 (incorporated in the Cayman Islands with limited liability) 於開曼群島註冊成立的有限公司 動 綠色娛樂 健康社交 快樂陪伴 Fun entertainment Healthy interaction Joyful companion Annual Report 2016 年度報告
2 4 5 6 9 14 25 30 60 72 87 93 94 95 97 99 100
2 22 www.baioo.com.hk 2100 120 34 510623
Conyers Trust Company (Cayman) Limited Hutchins Drive Cricket Square P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 22 Hutchins Drive Cricket Square P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands British West Indies 183 54 138 30 510620 1 15 26 Conyers Dill & Pearman (Cayman) Limited Hutchins Drive Cricket Square P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands (852)2117 0861 (852)2117 0869 Baioo@ChristensenIR.com 3
100bt.com IPIP SA+ 1174 27100 PC IP IP IP Bumps to Babes LimitedBumps to Babes Bumps to Babes (www.bumpsbb.com) 4,000 4
383,260 387,105 506,193 454,996 203,243 212,390 236,634 347,738 348,881 138,123 1,938 56,299 199,852 248,158 88,233 1 43,639 124,556 243,977 226,800 77,714 (1) 414,407 464,519 19,654 37,860 16,624 1,603,432 1,288,471 1,664,139 496,803 194,739 2,017,839 1,752,990 1,683,793 534,663 211,363 1,573,114 1,570,324 1,509,674 (19,430) (9,002) 16,764 16,865 3,305 352,045 120,483 427,961 165,801 170,814 202,048 99,882 444,725 182,666 174,119 554,093 220,365 2,017,839 1,752,990 1,683,793 534,663 211,363 5
7.316.95 IP IPIP IP IP IPIPIPIP IP 6
PC IPIP IPIP IP IPIP IP100bt.com IPS IP IPIP IP 1,655 1,786 IP IP 7
IP IP IP 8
Bumps to BabesBumps Bumps to Babes Limited 74.9% 9
Baitian Information Limited 622 Stmoritz Investment Limited DAE Trust TMF (Cayman) Ltd. 10
64% 36% 46.92%28.37% 12.9%7.08%4.73% 11
571 0.0000005 The Zhen Family Trust TMF (Cayman) Ltd. WHZ Trust TMF (Cayman) Ltd. WSW Family Trust TMF (Cayman) Ltd. 12
MMORPG 13
IP 383.3212.4 1.0%10.2% 45.57.3%2.0 13.0%41.58.9% PC IP IP PC IPIP Bumps to Babes BumpsBB.com 14
1,655.717.7% 819.259.2%5.66 5.9% IPIPIPIP IP IPIP IPIP IPIP 100bt.comIP IPIP 15
IP IP (1) (2) 45.5 49.1 (7.3%) (3) 2.0 2.3 (13.0%) (4) 41.5 38.1 8.9% 1. 2. 45.57.3%PC 3. 2.013.0% 4. 41.58.9% 16
383,260 100.0 387,105 100.0 324,357 84.6 344,745 89.1 55,108 14.4 34,656 9.0 3,795 1.0 7,704 1.9 (170,870) (44.6) (150,471) (38.9) 212,390 55.4 236,634 61.1 (92,868) (24.2) (70,924) (18.3) (75,865) (19.8) (72,777) (18.8) (61,057) (15.9) (46,338) (12.0) 15,395 4.0 10,429 2.7 3,943 1.0 (725) (0.2) 1,938 0.5 56,299 14.5 41,084 10.7 59,070 15.3 (1,530) (0.4) (344) (0.1) 41,492 10.8 115,025 29.7 (8,489) (2.2) (15,595) (4.0) 33,003 8.6 99,430 25.7 1,356 0.4 1,254 0.3 34,359 9.0 100,684 26.0 (1) 43,639 11.4 124,556 32.2 EBITDA (2) 21,415 5.6 89,219 23.0 (1) (2) EBITDA 17
383.3 387.11.0% 324.4 344.75.9% PC 55.1 34.759.0%Bumps to Babes 3.8 7.750.7% 170.9 150.513.6% 132.8 127.44.2% 31.8 18.770.1%Bumps to Babes 6.3 4.443.2% 18
212.4 236.655.4% 61.1%Bumps to Babes 92.9 70.931.0%Bumps to Babes 75.9 72.84.3%(i)7.6(ii) 10.5(iii)1.7 61.1 46.332.0%PC 15.4 10.448.1% 3.9 0.7 1.9 56.3 19
41.1 59.1(i) 29.3(ii)3.9(iii) 8.5 41.5 115.0 8.5 15.645.5% 33.0 99.4 EBITDA 43.6 124.665.0%EBITDA21.4 89.276.0% EBITDA 33,003 99,430 10,636 25,126 43,639 124,556 10,371 8,138 (41,084) (59,070) 8,489 15,595 EBITDA 21,415 89,219 20
444,725 182,666 2,017,839 1,752,990 * 22% 10% * 214.2 254.61,041.4 300.0 279.6 1.7% 2.7% 21
1,680,668 1,455,632 97,976 146,282 56,462 8,623 93 92 1,835,199 1,610,629 278.10.9 280.8278.11.8 0.91.8 154.5 22
29.011.9 27,038 11,587 1,929 270 28,967 11,857 279.6 69786.9% 325 46.7 203 29.1 90 12.9 79 11.3 697 100 23
34.8 28.4 201.1190.552.5%49.2% 1,544,00014,366,400 43,176,000 0.0180.015 0.018 0.016 24
49 16 45 1,100 25
49 16 48 16 26
51 18 41 13 MainOne Inc., 27
48 16 53 ATA Inc. 49 48 51 41 28
17 50 9 (CGA) 51 26 29
14 5 3 30
0.0180.016 183 22 706,106,0001,382 31
15 2325 10% 10% 32
2,782,8606,482,000 1,618,000 0.445 0.415 698,460 1,500,000 0.480 0.450 694,520 904,000 0.440 0.425 391,030 2,460,000 0.415 0.395 998,850 6,482,000 2,782,860 24 33
51.4% 23.1% 5% 14.9% 5.4% 5% 34
3.13 84(1) 13.51B(1) 1.56 1.3 1.36 13.51B(1) 35
40383622G 40 9 36
469164(1) 37
XV 352 (10) (1) 749,460,000(L)(9) 25.84%(L) (11) 10,000,000(L) 0.34%(L) (2) 447,112,000(L) 15.41%(L) (3) 203,304,000(L) 7.01%(L) (4) 74,544,000(L) 2.57%(L) (5) (11) 12,000,000(L) 0.41%(L) (6) 200,000(L) 0.01%(L) (7) 200,000(L) 0.01%(L) (8) 200,000(L) 0.01%(L) 38
(1) DAE TrustDAE TrustTMF (Cayman) Ltd. DAE Holding Investments LimitedStmoritz Investment Limited 10,000,00010,000,000 6,250,000 3,750,000ZEA Holding LimitedZEAZEAThe Core Services Limited (2) WHZ TrustWHZ TrustTMF (Cayman) Ltd. WHEZ Holding Ltd. Bright Stream Holding Limited (3) The Zhen Family TrustThe Zhen Family Trust TMF (Cayman) Ltd.Golden Water Management LimitedLNZ Holding Limited (4) WSW Family TrustWSW Family TrustTMF (Cayman) Ltd.Charlotte Holding LimitedAngel Wang Holding Limited (5) 30,000,00030,000,000 18,000,000 6,000,0006,000,000 6,000,000 Baiduo Investment Holding Limited (6) 200,000200,000 120,000 80,000ZEA (7) 200,000200,000 120,000 80,000ZEA (8) 200,000200,000 120,000 80,000ZEA (9) L (10) 2,900,676,000 (11) 39
XV352 336 (8) TMF (Cayman) Ltd. (1) 1,499,888,000(L) (7) 51.71%(L) DAE Holding Investments Limited (2) 749,460,000(L) 25.84%(L) Stmoritz Investment Limited (2) 749,460,000(L) 25.84%(L) (2) (5) 749,460,000(L) 25.84%(L) Bright Stream Holding Limited (3) 447,112,000(L) 15.41%(L) WHEZ Holding Ltd. (3) 447,112,000(L) 15.41%(L) (3) 447,112,000(L) 15.41%(L) LNZ Holding Limited (4) 203,304,000(L) 7.01%(L) Golden Water Management Limited (4) 203,304,000(L) 7.01%(L) (4) 203,304,000(L) 7.01%(L) (6) 192,860,000(L) 6.65%(L) 40
(1) TMF (Cayman) Ltd.DAE TrustWHZ TrustThe Zhen Family TrustWSW Family Trust (2) Stmoritz Investment LimitedDAE Holding Investments LimitedDAE Trust TMF (Cayman) Ltd.XVDAE Trust DAE Holding Investments LimitedTMF (Cayman) Ltd.Stmoritz Investment Limited749,460,000 (3) Bright Stream Holding LimitedWHEZ Holding Ltd.WHZ Trust TMF (Cayman) Ltd.XVWHZ TrustWHEZ Holding Ltd.TMF (Cayman) Ltd.Bright Stream Holding Limited447,112,000 (4) LNZ Holding LimitedGolden Water Management LimitedGolden Water Management LimitedTMF (Cayman) Ltd. (The Zhen Family TrustThe Zhen Family Trust XVThe Zhen Family TrustGolden Water Management LimitedTMF (Cayman) Ltd. LNZ Holding Limited203,304,000 (5) 10,000,00010,000,000 6,250,000 3,750,000ZEA (6) (7) L (8) 2,900,676,000 XV336 41
300,000 1,544,000 0.05% Duoduo Holding Limited Duoduo Holding Limited 596,000 42
(3) 2 596,000 0.0045 296,000 300,000 1 2 15 1,322,000 0.0090 300,000 1,022,000 1 2 0.04% 2 522,000 0.0090 522,000 1 2 0.02% 2,440,000 596,000 300,000 1,544,000 0.05% 2,440,000 596,000 300,000 1,544,000 0.05% (1) 36 (2) 10 (3) I10(d) 1A17.02(1)(b)27 43
25 1) 14,366,400 0.50% Peto Holding Limited ZEA Holding Limited 111,176,00030,600,000 2) 43,176,000 1.49% Baiduo Investment Holding Limited Baiduo Investment Holding Limited47,890,000 44
(7) (1) (a) 8,000,000 4,250,000 3,750,000 1 0.13% 140,000 60,000 80,000 2 0.00% 140,000 60,000 80,000 2 0.00% 140,000 60,000 80,000 2 0.00% 8,420,000 4,430,000 3,990,000 0.14% (b) (8) 5,250,000 2,250,000 3,000,000 1 8,000,000 3,500,000 4,500,000 1 (9) 1,260,000 720,000 540,000 1 0.02% 640,000 340,000 300,000 1 0.01% 15,150,000 6,810,000 7,500,000 840,000 0.03% (c) 1a1b 202 27,487,950 13,039,950 5,485,350 8,962,650 1 0.31% 7 2,024,000 925,250 525,000 573,750 1 0.02% 29,511,950 13,965,200 6,010,350 9,536,400 0.33% 53,081,950 25,205,200 13,510,350 14,366,400 0.50% 45
(7) (2) (a) 30,000,000 (3) 6,000,000 18,000,000 6,000,000 3 0.21% (b) (8) 3,200,000 3,200,000 4 0.00% 8,000,000 2,000,000 6,000,000 4 0.21% (9) 2,000,000 400,000 1,600,000 6 0.06% 13,200,000 2,400,000 3,200,000 7,600,000 0.26% (c) 5,000,0002a2b 5,000,000 1,000,000 4,000,000 5 0.14% (d) 2a2b2c 95 37,800,000 7,288,000 4,936,000 25,576,000 6 0.88% 86,000,000 16,688,000 26,136,000 43,176,000 1.49% (1) 1220% 2420% 3630% 4830% (2) 1230% 2430% 3640% (3) 20% 20% 46
18,000,000 6,000,000 (4) 20% 20% 7.5%100% (5) 20% 20% 7.5%100% (6) (7) (8) 7,500,000 3,200,00010,700,000 (9) 25 (i)30,000 1,080,000(ii) 47
0.7010,000,000 (a) 2630% (b) 3160% (c) 37100% 14A37 14A 67 734654 70 48
1) 2) 46.92% 28.37% 12.90% 7.08% 4.73% 49
14 3) 322,004 352,450 55,485 80,241 1,157,961 827,300 84.0% 91.0%168.1%80.7% 57.4%47.2% 4,271,8453,640,777 4) (a)(b) (c)(d) 50
5) 51
000800 (i) (ii) (iii) 52
(iv) (v) (vi) 6) 7) 8) 53
9) 14A 10) (i) (ii)(iii) (iv) (v) 11) 3000740 14A.56 54
3 55
37 9 56
14537068 57
58
59
A.2.1E.1.2 A.2.1 A.2.1 E.1.2 E.1.2 60
61
3.13 A.4.1A.4.2 62
A.6.5 C C AC BC C B C C A B C 63
3.21C3 B1 (i) (ii) (iii) 40 64
A4 D.3.1 65
4/4 2/2 0/1 4/4 2/2 0/1 3/4 1/1 3/4 1/1 4/4 1/1 4/4 2/2 2/2 0/1 4/4 2/2 2/2 0/1 3/4 1/2 1/2 1/2 0/1 66
67
1) 2) 3) 1) 2) 3) 68
XIVA C.1.1 3,800,000 69
3.2915 58 12034510623 18322 2 70
21 12034510623 18322 (852) 2117 0869 Baioo@ChristensenIR.com 71
1) 20161120161231 100bt.com 2) ESGESG ESG 72
73
74
75 3) 2016 6 9 7 2 1 3 4 8 5 12 13 15 16 14 11 10 ESG 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
4) 76
7*24 77
5) 78
6) 79
2016782016 4 80
2016521-22 81
1830-1930 2016829 9 82
7) 8) LED 83
5S 5S 9) 35 84
201648 85
10) 1 2014-2016 01/07/2016 2 2016 01/07/2016 3 4 01/01/2017 5 A. A1. A2. A3. B. B1. B2. B3. B4. B5. B6. B7. B8. 86
93182 87
2.24(a)4.1(a) 324,357,00085% 222,062,000 88
4.1(b)16 Bababaobei Trading LimitedBTL 33,306,00016,069,000 12% BTL 89
BTL 90
91
92
5 383,260 387,105 6 (170,870) (150,471) 212,390 236,634 6 (92,868) (70,924) 6 (75,865) (72,777) 6 (61,057) (46,338) 7 15,395 10,429 8 3,943 (725) 1,938 56,299 10 41,673 59,723 10 (589) (653) 10 41,084 59,070 (1,530) (344) 41,492 115,025 11 (8,489) (15,595) 33,003 99,430 35,513 98,909 (2,510) 521 33,003 99,430 12 0.0130 0.0366 0.0128 0.0359 100182 93
33,003 99,430 1,356 1,254 34,359 100,684 36,452 99,778 (2,093) 906 34,359 100,684 100182 94
15 38,873 16,312 16 53,849 50,003 3,656 20 12,616 9,608 33 6,375 4,940 22 300,000 380,000 21 2,694 414,407 464,519 18 13,151 16,277 19 9,877 6,161 20 42,038 34,106 21 3,167 1,298 22 1,041,427 975,991 22 214,216 254,638 22 279,556 1,603,432 1,288,471 2,017,839 1,752,990 23 9 8 23 1,567,040 1,581,855 24 30,857 48,338 26 (42,449) (77,962) 1,555,457 1,552,239 17,657 18,085 1,573,114 1,570,324 95
27 6,423 9,793 28 678 1,560 29 6,367 2,842 33 3,296 2,670 16,764 16,865 30 9,618 11,467 31 43,661 38,865 37 250 1,075 29 42,563 57,828 28 1,000 3,273 29 49,708 50,801 2,253 2,276 32 278,056 852 216 427,961 165,801 444,725 182,666 2,017,839 1,752,990 100182 93182 96
8 1,636,621 49,916 (176,871) 1,509,674 1,509,674 98,909 98,909 521 99,430 869 869 385 1,254 869 98,909 99,778 906 100,684 175 (101) 74 74 25 25,126 25,126 25,126 19,531 (19,531) 17,823 17,823 (74,472) (74,472) (74,472) (7,941) (7,941) (644) (8,585) (54,766) (2,447) (57,213) 17,179 (40,034) 8 1,581,855 48,338 (77,962) 1,552,239 18,085 1,570,324 97
8 1,581,855 48,338 (77,962) 1,552,239 18,085 1,570,324 35,513 35,513 (2,510) 33,003 939 939 417 1,356 939 35,513 36,452 (2,093) 34,359 53 (26) 27 27 25 151 151 151 25 10,308 10,308 10,308 1 28,966 (28,967) 25 114 114 63 177 1,602 1,602 (41,484) (41,484) (41,484) (2,350) (2,350) (2,350) 1 (14,815) (18,420) (33,234) 1,665 (31,569) 9 1,567,040 30,857 (42,449) 1,555,457 17,657 1,573,114 100182 98
35 (5,806) 62,029 2,347 1,218 (9,638) (9,968) (13,097) 53,279 347 (35,522) (28,967) (11,857) (815) (3,185) 23,790 52,270 1,015,991 688,209 (1,001,427) (680,000) (279,556) (270,637) 9,915 278,056 (2,350) 27 74 (589) (41,484) (74,472) 233,660 (74,398) (50,074) (11,204) 254,422 259,367 9,016 6,259 213,364 254,422 (852) (216) 22 214,216 254,638 213,364 254,422 100182 99
1 22 Hutchins Drive, Cricket Square, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands, British West Indies 2 2.1 622 4 100
2 2.1 2.1.1 (a) 1 11 14 16 38 27 10 12 28 101
2 2.1 2.1.1 (b) 7 12 15 9 2 16 10 28 9 9 102
2 2.1 2.1.1 (b) 9 39 39 9 9 15 18 11 15 15 103
2 2.1 2.1.1 (b) 15 15 15 15 16 16 181,281,00036(b) 16 104
2 2.2 2.2.1 (a) 39 105
2 2.2 2.2.1 (a) (b) (c) 106
2 2.2 2.2.2 2.3 20%50% 107
2 2.3 2.4 2.5 (a) (b) 108
2 2.5 (c) i. ii. iii. 109
2 2.6 3 3 5 2.8) 110
2 2.7 (a) (b) 515 (c) 5 111
2 2.7 (d) (1) (2)(3) (4)(5) (6) 2.8 112
2 2.9 2.9.1 (a) (b) 12 2.132.14) 2.9.2 2.10 113
2 2.11 2.12 114
2 2.13 2.92.11 2.14 2.15 2.16 115
2 2.17 12 2.18 2.19 116
2 2.19 2.20 (a) 117
2 2.20 (b) (c) 2.21 118
2 2.22 (a) (b) 119
2 2.23 2.24 (a) 120
2 2.24 (a) 121
2 2.24 (b) 122
2 2.24 (a) 13 3 (b) 2.25 123
2 2.26 (i)(ii)(iii)(iv) (v)(vi) 2.27 2.28 2.29 2.30 124
3 3.1 (a) (i) 100 1,492,000 1,383,000 (ii) (b) 125
3 3.1 (b) (c) 126
3 3.1 (c) 1 12 23 34 45 9,618 9,618 20,816 20,816 250 250 278,473 278,473 852 852 9,374 9,374 11,467 11,467 9,543 9,543 1,075 1,075 216 216 12,686 12,686 127
3 3.2 40% 444,725 182,666 2,017,839 1,752,990 22% 10% 3.3 128
3 3.3 5,861 5,861 1,298 1,298 129
3 3.3 1,298 8 4,563 5,861 4,563 4,563 130
3 3.3 1,298 1,298 131
4 4.1 (a) 2.24 (b) 2.7 16 Bababaobei Trading LimitedBTL 1 4.316.2%14.4% 1.2 (c) 132
4 4.1 (c) 11(d) (d) 25 (e) 133
4 4.2 (a) 134
5 135
5 324,357 55,108 3,795 383,260 191,591 23,297 (2,498) 212,390 15 7,331 1,306 14 8,651 16 193 1,276 251 1,720 (1,530) (1,530) 344,745 34,656 7,704 387,105 217,390 15,941 3,303 236,634 15 6,981 292 7,273 16 135 730 865 (344) (344) 136
5 334,842 352,615 48,418 34,490 383,260 387,105 10% 10% 64.9%88.0%10% 41.3% 45.6% 23.6% 29.8% 12.6% 40,779,00019,811,00051,943,000 50,983,000 137
6 9 201,107 190,530 45,782 50,090 38,240 17,858 18 32,400 19,905 20,110 2,331 18,527 19,404 1516 10,371 8,138 8,422 9,400 5,327 798 4,872 3,268 4,032 4,170 3,800 3,800 700 1,500 3,373 6,170 6,745 400,660 340,510 138
7 8,551 6,690 10,402 154 27 15,395 10,429 8 4,563 (620) (725) 3,943 (725) 139
9 147,280 131,825 (a) 12,061 9,895 31,281 23,684 10,485 25,126 201,107 190,530 (a) 14%14%) 140
9 (b) 40 2,250 4,014 595 1,416 79 72 110 102 3,458 10,419 6,492 16,023 1,000,0002,000,000 1 2,000,0003,000,000 2 3,000,0005,000,000 2 9,000,00010,000,000 10,000,00012,000,000 1 141
10 29,287 53,464 3,906 8,480 6,259 41,673 59,723 (589) (653) 41,084 59,070 11 9,508 13,021 33 (1,019) 2,574 8,489 15,595 142
11 41,492 115,025 abc 2,915 14,114 6,023 392 c (2,480) (3,027) 1,591 3,769 440 347 8,489 15,595 143
11 (a) (b) 16.5% (c) 25% 15% 150% (d) 10% 10%5% 33 144
12 (a) 35,513 98,909 2,736,805,178 2,699,943,341 0.0130 0.0366 (b) 145
12 (b) 35,513 98,909 2,736,805,178 2,699,943,341 1,709,979 2,863,711 36,488,018 51,160,438 2,775,003,175 2,753,967,490 0.0128 0.0359 13 10 8,480 6,259 435 (722) 8,915 5,537 146
14 % % Baitian Technology Limited 10,000 100% Baioo Technology Limited BVI 50,000 100% Bababaobei Commerce LimitedBCL 50,000 92.5% 7.5% 100% 10,010,000 500,000 100% Bumps To Babes Limited 1,000 69.3% 30.7% 92.5% 7.5% 40,000,000 100% 2,000,000 64% 36% 2,000,000 (c) 125,000 64% 36% 147
14 (a) (b) 785,158,000 (c) 148
15 23,161 4,135 941 5,670 33,907 (14,938) (2,784) (355) (4,887) (22,964) 8,223 1,351 586 783 10,943 8,223 1,351 586 783 10,943 314 667 981 1,841 1,040 278 589 7,839 11,587 (5,220) (924) (230) (899) (7,273) 18 45 11 74 4,844 1,799 1,346 484 7,839 16,312 24,942 4,989 3,237 6,272 7,839 47,279 (20,098) (3,190) (1,891) (5,788) (30,967) 4,844 1,799 1,346 484 7,839 16,312 4,844 1,799 1,346 484 7,839 16,312 59 59 2,270 2847 26 1,441 24,442 31,026 32,281 (32,281) (3,949) (1,541) (378) (2,783) (8,651) (5) (5) 33 48 51 132 3,165 3,192 1,042 31,474 38,873 27,194 7,110 3,245 40,066 77,615 (24,029) (3,918) (2,203) (8,592) (38,742) 3,165 3,192 1,042 31,474 38,873 149
15 4,360 5,149 2,577 1,085 1,293 790 421 249 8,651 7,273 150
16 573 573 (190) (190) 383 383 383 383 33,306 15,938 49,244 270 270 (730) (135) (865) 971 971 33,306 16,179 518 50,003 33,306 16,932 754 50,992 (753) (236) (989) 33,306 16,179 518 50,003 33,306 16,179 518 50,003 1,910 670 2,580 1,674 255 1,929 (1,263) (251) (206) (1,720) 1,057 1,057 33,306 17,883 1,423 1,237 53,849 33,306 19,988 1,674 1,679 56,647 (2,105) (251) (442) (2,798) 33,306 17,883 1,423 1,237 53,849 151
16 1,263 730 253 12 168 93 36 30 1,720 865 (a) BTL 152
16 (a) BTL 16.2% 9.6% 46.9% 46.1% 14.4% 13.3% 3.0% 3.0% 153
17 19 9,877 6,161 20 50,542 37,507 22 279,556 22 1,041,427 975,991 22 300,000 380,000 22 214,216 254,638 1,895,618 1,654,297 21 5,861 1,298 1,901,479 1,655,595 27 6,423 9,793 30 9,618 11,467 31 20,816 9,543 37(b) 250 1,075 32 278,056 852 216 316,015 32,094 18 32,400,000 19,905,000 154
19 9,877 6,161 9,877 6,161 (a) 030 5,326 4,234 3160 2,279 168 6190 880 22 91180 854 1,737 181365 538 9,877 6,161 (b) (c) (d) 155
19 (e) (f) 20 4,974 4,725 5,642 4,060 2,000 823 12,616 9,608 24,372 21,471 4,112 5,384 7,000 353 737 6,201 6,514 42,038 34,106 54,654 43,714 156
20 21 2,694 3,167 1,298 3,167 1,298 5,861 1,298 35 8 157
22 a 1,041,427 975,991 b 300,000 380,000 c 279,556 d 214,216 254,638 1,835,199 1,610,629 f 1,834,853 1,610,508 (a) 22(c) (b) (c) 279,556,000 278,056,0000.3% 1.75%2.2% (d) (e) 1.7%2.7% (f) 158
22 1,680,668 1,455,632 97,976 146,282 56,462 8,623 93 92 1,835,199 1,610,629 159
23 2,900,676,0002,858,672,000 146,443,950140,447,150 2,808,546,000 2 8 1,636,621 1,636,629 2,236,000 175 175 47,890,000 19,531 19,531 34 (74,472) (74,472) 2,858,672,000 2 8 1,581,855 1,581,863 160
23 2,858,672,000 2 8 1,581,855 1,581,863 596,000 53 53 47,890,000 1 28,966 28,967 34 (41,484) (41,484) (6,482,000) (2,350) (2,350) 2,900,676,000 2 9 1,567,040 1,567,049 (a) 6,482,0002,783,000 2,350,000 161
24 a b 25 10,010 5,005 34,901 49,916 (101) (101) 25,126 25,126 (19,531) (19,531) (7,941) (7,941) 869 869 2,069 5,005 40,395 869 48,338 2,069 5,005 40,395 869 48,338 114 114 (26) (26) 151 151 10,308 10,308 (28,967) (28,967) 939 939 2,069 5,005 21,975 1,808 30,857 162
24 (a) (b) 10% 50% 25% 10%50% 25 (a) (i) (ii) (i) 163
25 (a) (ii) (a) (b) (i) 50% 50%(ii) (iii) 50%(iv) 0.006 4,676,000 0.005 (2,236,000) 0.008 2,440,000 0.008 2,440,000 0.007 (596,000) 0.005 (300,000) 0.009 1,544,000 164
25 (a) 596,0002,236,0000.42 0.73 0.420.73 1,022,000522,000 0.0090.009 (b) 188,733,600 142,004,000 600,000 165
25 (b) 2% 2% 4% 110 65,780,00030,000,000 4% 166
25 (b) 106,541,200 95,780,000 (35,860,800) (27,378,450) 139,081,950 139,081,950 (39,646,350) (41,893,200) 57,542,400 0.430.55 (c) 15% 668,000 (d) 0.7010,000,000 636,000 167
26 (176,871) 98,909 (77,962) (77,962) 35,513 (42,449) 27 BLT 28 (a) (b) 168
29 2,756 1,654 a 3,611 1,188 6,367 2,842 42,563 57,828 26,535 29,247 a 23,097 21,446 76 108 92,271 108,629 98,638 111,471 (a) 2.25 222,062,000227,541,000 169
30 030 4,043 7,043 3160 2,188 3,405 61180 3,005 647 181365 382 372 9,618 11,467 (a) 31 22,257 28,190 11,123 3,989 3,506 4,681 820 2,365 b 588 1,132 1,378 2,497 43,661 38,865 (a) (b) 170
32 278,056 278,056 278,056 0.3%279,556,000 22(c) 6 278,056 171
33 1,914 302 4,461 4,638 6,375 4,940 2,968 2,484 328 186 3,296 2,670 2,270 7,595 (146) (2,630) 11 1,019 (2,574) (64) (121) 3,079 2,270 172
33 3,472 272 3,851 7,595 (658) 453 (2,490) (2,695) 40 40 2,814 725 1,401 4,940 374 (473) 1,292 (367) 826 499 499 26 84 110 3,188 252 1,817 1,118 6,375 2,630 (121) 161 2,670 645 (193) 174 3,296 173
33 31,355,000 7,251,0007,588,0001,565,000 166,0005,357,000 26,587,000 638,452,000581,135,000 34 41,484,00074,472,000 0.0180.016 43,992,000 0.0180.016 0.018 46,332 43,352 (2,340) (1,868) 43,992 41,484 174
35 33,003 99,430 11 8,489 15,595 15 8,651 7,273 16 1,720 865 10,636 25,126 10 (41,084) (59,070) 1,530 344 8 (4,563) 13 (435) 722 3,126 (4,876) (1,870) 401 (5,987) (8,859) (1,298) (2,076) 3,995 (945) 1,473 (15,278) (15,836) (3,155) 3,023 2,432 (6,279) (5,806) 62,029 175
36 (a) 18,324 (b) 6 29,699 13,923 74,482 62,880 77,100 95,176 181,281 171,979 176
37 TMF(Cayman)Ltd. (a) (b) (i) 200 200 50 875 250 1,075 177
37 (c) 722 187 (d) 10,549 10,991 252 211 350 292 (218) 19,118 10,933 30,612 38 178
39 242,887 232,578 2,694 245,581 232,578 5,828 13,111 28,960 21,852 336,434 652,991 1,298 57,720 63,777 279,556 708,498 753,029 954,079 985,607 9 8 1,567,040 1,581,855 a 21,861 40,395 a (652,334) (651,720) 936,576 970,538 3,590 4,932 13,913 10,137 17,503 15,069 17,503 15,069 954,079 985,607 179
39 (a) 25 34,901 (670,337) 18,617 (101) 25,126 (19,531) 40,395 (651,720) 40,395 (651,720) (614) (26) 151 10,308 (28,967) 21,861 (652,334) 180
40 622383 622G (a) (i) 1,380 50 26 42 2,113 3,611 600 50 74 99 823 1,170 18 26 42 1,256 912 150 26 42 1,130 (i) 2,123 177 26 42 (411) 1,957 300 42 342 300 42 342 267 42 309 181
40 622383 622G (a) 1,380 136 25 41 3,892 5,474 1,082 82 68 74 1,306 1,080 90 25 41 1,236 816 146 24 41 1,027 (i) 1,828 254 21 34 6,024 8,161 (ii) 283 89 372 283 89 372 227 89 316 (i) (ii) (b) 182