) 2016

新簽合同 2016年新簽合同額 人民幣12,350億元 目錄 公司簡介 2 財務摘要 3 董事長報告書 5 股本變動及股東情況 7 業務概覽 13 管理層討論與分析 30 董事 監事及高級管理人員簡歷 43 董事會報告 50 企業管治報告 64 環境 社會及管治報告 82 獨立核數師報告 93 財務報表 98 重要事項 223 詞匯及技術術語表 250 公司信息 251

A H 500 57 2

2016 12 31 2015 2016 2015 2014 2013 2012 (%) 559,223 544,207 518,022 456,272 396,906 2.8 12,312 10,711 10,265 9,180 9,069 14.9 17,063 15,782 14,519 13,711 11,464 8.1 32,976 29,260 29,255 27,566 20,175 12.7 42,671 40,044 54,963 68,958 56,432 6.6 (31,389) (40,062) (36,858) (35,293) (28,421) 632,856 599,942 590,166 540,394 465,625 5.5 49,789 48,686 48,515 40,340 35,561 2.3 18,772 17,017 16,233 14,819 11,130 10.3 12,703 11,786 10,676 10,075 8,069 7.8 11,808 11,675 10,262 9,374 7,390 1.1 0.517 0.530 0.482 0.440 0.347 2.5 2016 2016 2015 12 31 2014 2013 2012 2015 (%) 595,147 565,601 545,525 503,090 434,855 5.2 159,198 147,904 137,353 124,940 115,806 7.6 754,345 713,505 682,878 628,030 550,661 5.7 506,603 470,447 471,140 420,242 366,119 7.7 98,746 103,820 102,844 111,158 96,552 4.9 605,349 574,267 573,984 531,400 462,671 5.4 148,996 139,238 108,894 96,630 87,990 7.0 754,345 713,505 682,878 628,030 550,661 5.7 3

4

500 57 5

6

I. 1. (1) (2) (3) (4) 2. 308,880,308 308,880,308 A 141,570,141 141,570,141 A 141,570,141 141,570,141 A 643,500,643 643,500,643 A 137,323,037 137,323,037 A 167,696,256 167,696,256 A 3,861,017 3,861,017 A 2018/07/14 2016/07/14 2016/07/14 2016/07/14 2016/07/14 2016/07/14 2016/07/14 1,544,401,543 1,235,521,235 308,880,308 7

II. 1. 777,756 775,605 0 0 2. (%) 1 1 +164,394,000 12,424,784,308 54.39 308,880,308 2 HKSCC Nominees Limited2 +321,000 4,003,990,909 17.53 3 +69,717,604 634,794,585 2.78 4 20,000,000 623,500,643 2.73 5 +468,805,172 468,805,172 2.05 3 6 235,455,300 1.03 7 +201,448,116 201,448,116 0.88 8 1 37,320,000 100,003,037 0.44 9 +65,046,237 65,046,237 0.28 10 3 +12,021,892 56,348,280 0.25 8

1 11,951,510,000 11,951,510,000 164,394,000 164,394,000 2 HKSCC Nominees Limited2 4,003,990,909 4,003,990,909 3 634,794,585 634,794,585 4 623,500,643 623,500,643 5 468,805,172 468,805,172 3 6 235,455,300 235,455,300 7 201,448,116 201,448,116 8 1 100,003,037 100,003,037 9 65,046,237 65,046,237 10 3 56,348,280 56,348,280 1 12,424,784,308A12,260,390,308308,880,308H 164,394,000 2 HKSCC Nominees LimitedH H 3 A 4 2016 12 31 9

3. 1 308,880,308 2018/07/14 36 4. 10 III. 1. (1) 1990 3 7 (2) (3) (4) 10

(5) 54.39% 2. (1) 100% (2) (3) (4) (5) 100.00% 54.39% (6) 11

IV. HKSCC Nominees Limited V. 12

13

I. 1. 3.0 2.5 2.0 1.5 2.06 2.22 2.53 2.67 2.77 10.0 8.0 6.0 6.34 6.66 8.09 8.24 8.02 1.0 4.0 0.5 2.0 0.0 2012 2013 2014 2015 2016 0.0 2012 2013 2014 2015 2016 13.00 12.00 11.00 10.00 9.00 8.00 10.31 9.76 0.55 0.44 9.32 9.76 11.18 0.87 10.31 12.10 0.92 11.18 12.40 0.30 12.10 5,000 4,000 3,000 2,000 1,000 2,064 351 1,713 2,539 475 2,064 3,173 634 2,539 3,618 445 3,173 4,153 535 3,618 7.00 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 14

1,800 1,600 1,400 1,200 1,371 1,424 1,166 1,541 1,594 800 700 692 760 1,000 800 644 600 600 400 200 0 2012 2013 2014 2015 2016 500 2014 2015 2016 2.778,015 3,28112.42.21.78 6,000 13 535 7609.7% 47.7% PPP PPP11,2601913.51,351 2.231.6% 15

2. 3. 2025 6.0%6.9%3.2% 3.8%5.9%6.7% 14% 12% 10% 10.00% 9.70% 8.30% 8% 6.10% 6.00% 6% 4% 2% 0% 2012 2013 2014 2015 2016 16

4. 24 102,5816.9%7.5% 20155.9 6.4% 157,34922.5%22.4%31.4% 16.8% 117,627 34.8%36.1% 45.8%19.5% 120.0 100.0 80.0 60.0 72 64 86 81 95 76 96 87 103 118 160,000 120,000 80,000 111,304 130,551 120,649 128,495 157,349 40.0 20.0 40,000 0.0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 17

II. 6,328.565.5% 12,35029% 1,02549.6% PPP2,911.6593% 20,377.813.1% 7,000 6,000 5,000 4,656.25 5,403.94 5,901.66 5,999.42 6,328.56 140 120 100 93.74 102.62 116.75 118.08 4,000 80 73.9 3,000 60 2,000 40 1,000 20 0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 14,000 12,000 10,000 9,296.5 9,346.1 9,570.2 12,350.0 25,000 20,000 17,152.5 18,010.3 18,020.9 20,377.8 8,000 7,310.0 15,000 13,010.3 6,000 10,000 4,000 2,000 5,000 0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 18

1. 60 BOT PPP (PPP) PPP PPP+EPCPPP+ BOT+ PPP ++ 45%50% 12% 5,592.232.8%9,827.2 27.8%16,588.8 14.2% 6,000 5,000 4,000 3,969.06 4,562.72 5,180.22 5,442.07 5,592.23 12,000 10,000 8,000 7,312.7 7,082.1 7,688.7 9,827.2 3,000 6,000 5,367.0 2,000 4,000 1,000 2,000 0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 19

(1) 3,340.116.9% 47.4% 6,011.010.4%7,161 8,250 (2) 1,261.940.4% 1,972.511.6% 2,2441,121 (3) 5,225.232.9% 2,523.379.0%50% 8,605.317.6% 3,282.734.4%198 220 20

2. 30% 35% 123.1214.9%155.6 1.2% 267.3 11.3% 120km/h11 12 140 120 100 80 60 40 20 0 90.69 91.8 2012 2013 123.12 102.65 107.11 2014 2015 2016 200 180 160 140 120 100 80 60 40 20 0 153.7 155.6 135.3 134.2 106.1 2012 2013 2014 2015 2016 21

3. 2 65%40%65% 80% 170.638.1%260.7 6.9% 273.910.8% 16511287 22

180 160 140 120 100 80 114.64 137.11 145.19 157.82 170.63 300 250 200 150 169.4 185.7 226.9 243.9 260.7 60 100 40 20 50 0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 4. 16 318 0.7%291.98.4% 303 10.8% 329.7612.7%2350 143 2,896.95,300.7 1,719.22,597.5 23

350 300 250 200 201.75 275.66 292.55 292.6 329.76 350 300 250 200 260 332 268 269 291.9 150 150 100 100 50 50 0 2012 2013 2014 2015 2016 0 2012 2013 2014 2015 2016 5. 426.716.6% BOT 78.69 18% 26.46 6% 24.74 6% 44.7 11% 252.12 59% 24

III. 899 BIM 318 32059 131,008369 2202058 25

IV. ISO 9001 2008GB/T 19001-2008/150 9001 2008 and GB/T 50430-2007 ISO 14001 2004GB/T 24001-2004/150 14001 2004GB/T 28001-201'I/OHSAS 18001 2007 13 19 AAA 21 V. 26

VI. VII. 27

VIII. 80% 100 201 2 8,000 2,100 2,5004,000 2013-2030 1.65 5,00020 2014-2020 2016-20181032,000 1.652015 28

65 PPP IX. 6,4175,808321.5 11,500 29

I. 6,328.565.5%127.03 7.8%118.081.1% 30

II. 6,328.56 5.5% 12,35029% 20,377.813.1% 5,830.675.8% 497.892.3% 7.9% 8.1%0.2 24.7525.1% 18.55 102.811.3% 104.17 31

6.30 10.88 26.6022.7510.15 25.609.3%0.4% 176.801.0%2.8%2.9%0.1 21.9727.1% 57.746.6% 187.72170.1717.55 10.3% 60.6916.0% 28.1%27.7%0.4 120 120 7.01 5.83 118.08116.751.1% 32

III. ( ) (%) 1 ( ) (%) (%) (%) (%) 559,223 2.8 14,753 3.9 2.6 84.2 73.1 12,312 14.9 1,442 27.5 11.7 1.8 7.1 17,063 8.1 1,349 28.5 7.9 2.6 6.7 32,976 12.7 2,458 6.0 7.5 5.0 12.2 42,671 6.6 184 0.4 6.4 0.9 (31,389) (1,414) 632,856 5.5 18,772 10.3 3.0 100.0 100.0 1 84.2% 85.0%5,592.232.8% 5.8% 2.6% 6.0% 2.6%(1)(2) 123.12 14.9%29.6% 11.7% 31.7% 10.6% 33

170.638.1% 21.4% 7.9% 20.6% 6.7% 329.7612.7% 19.8% 7.5% 21.5% 8.9% 11.702.36 426.716.6% 19.6%19.5%1.844.50 (1) 24.744.8% 59.2%4.6 (2) 26.4620.6% 17.8%4.6 (3) 252.121.0%1.0 4.3% (4)44.7032.1%96.9%0.5 34

(%) 1 0.09% 71.65 83 42.17 41.31 2 2.55% 75.98 72 16.57 17.7 0.201% 6.68 3 MKM 3.36% 15.6 80.2 11.95 11.99 0.22% 1.79 4 SICOMINES 2.55% 852.96 41.72 249.15 106.74 0.20% 57.07 5 1.67% 28.22 100 4.80% 76.52 80.2g/t 1,367.6 6 0.75% 8.17 100 3.50% 38.26 108.33g/t 1,184.64 7 3g/t 3 100 8 6.28% 15.15 100 3.81% 9.19 234.67g/t 866 IV. 544.95305.57239.38 174.78155.52PPP 157.70 94.24 146.77 137.66 35

2016 12 31 8,538 241 1,015 829 1,036 11,659 1,311 1 222 997 300 2,831 5 1 6 36 12 11 2 89 150 31 31 9,890 255 1,248 1,828 1,456 14,677 12 31 2016 2015 28,737 30,110 60,962 66,064 162,379 146,647 298,715 258,879 18 25 88 92 173 165 4.6% 7.7% 18257 10.7% 1,623.79 88924 36

6 25.4%31.6% 12 31 2016 2015 92,483 75,435 28,676 24,802 23,037 26,098 9,328 11,326 8,855 8,986 162,379 146,647 15.4% 2,987.15 173165 9.9%11.7% 12 31 2016 2015 269,171 228,672 18,217 18,432 5,549 6,224 5,778 5,551 298,715 258,879 37

V. 46.4%46.7% 12 31 2016 2015 30,466 34,442 91,760 92,503 122,226 126,945 3,000 33,322 34,015 8,755 8,755 6 72 7,591 7,635 425 172,325 180,422 92,308 96,213 80,017 84,209 172,325 180,422 1.12% 9.00%0.92% 10.05% 2.80% 4.50%3.58% 4.50% 1.00% 7.98% 1.38% 10.50% 3.07% 6.40% 3.85% 7.20% 4.75% 7.80%6.28% 13.92% 12 31 2016 2015 80,017 84,209 28,117 19,783 36,931 45,616 27,260 30,814 172,325 180,422 38

15.0214.49 1,207.241,254.96 12 31 2016 2015 1,946 3,238 136 122 164 163 2,246 3,523 12 31 2016 2015 12 13 192 166 300 793 21,043 35,098 21,103 35,792 8,888 19,428 11,329 22,609 37 37 654 944 1,503 2,333 350 525 30,897 56,276 34,514 61,462 5,182.42 80.2%80.5%0.3 41.7510 39

VI. 12 31 2016 2015 1 2 987 1,458 3 4 381 854 1,368 2,312 1 2 100% 3 2009 A2AC 11.604.0227.41 2011 6 32011 6 13 2011 9 29 1.290.422.63 2014 2015 2 252016 2 26 2016 4 25 2017 2 252017 3 24 40

4 EXACO MKMMKM 2011 8 30EXACOMKM 2015 9 1EXACO MKMEXACO5,477 3.56EXACO43.5% 11.5%2012 11 EXACOMKM 2016 1 7 32016 5 12 2017 5 22 2017 2 10EXACO EXACO43.5% 5,4773.565,3403.70 12 31 2016 2015 5,467 2017-2023 4,011 2016-2025 400 2017-2018 2,230 2016-2020 61 2017 57 2016 21,005 2017-2025 17,920 2016-2021 5 2016 928 2022 541 2021-2022 1,363 2020-2024 29,224 24,764 41

VII. (1) (2) (3) (4) (5) (6) (7) (8) 42

I. 58 2010 62013 3 2010 62016 112010 6 2014 12014 3 2016 11 62 2007 92014 3 2010 62013 3 2010 8 2013 32016 11 2016 11 53 2009 42013 32013 32015 7 2013 62015 7 2015 72016 11 2015 72016 1 2016 11 43

67 2007 112011 42010 62010 12 2015 92014 6 65 2007 72011 12 2012 3 2014 6 64 2004 102013 4 2013 42015 4 2013 4 2015 10 2014 6 44

54 LDK Solar Co., Ltd SPI Energy Co., Limited 2016 3 2014 6 II. 54 2001 122014 7 2006 122007 10 2007 122012 9 2008 12014 62009 12 2014 72010 122013 3 2014 6 45

55 2008 1 2014 62012 82014 62015 12 2016 1 2016 102011 1 57 2009 11 2014 6 53 2007 122012 8 2008 12010 12 2010 122015 62015 6 2016 8 2011 1 46

51 2005 102011 5 2011 62013 6 2013 72013 11 2013 11 2014 6 III. 57 2007 1 2011 6 2007 9 592007 9 47

522007 9 562010 8 482007 92014 3 2008 42014 3 2013 112014 32014 3 48

47 2010 92014 3 2014 3 44 2007 11H 19942000 21 1997 12 2002 11 49

1. 6,328.565.5%127.03 7.8%118.081.1% 1327 IVII 3041 IVI 2. 42 VII 3. 383,802,693 10 50.13% 52A 50

4. 2829 VIIIIX 98222 0.08820.10 0.08619.65 521.9430.6 15 33 280.95 51

A A 1,544,401,543120 1.21 118.797.69 218,253.72 07,505.52 0.63% A 100% 100% 1.00A 11.68513,698,630 1.00A 6,000,000,000 116.88 141.72 72.28 87.64 383,802,693 111,357.71 60.42% 10 15.85378,548,8955,999,999,985.75 50.13% 102103 52

30.0% 34.7% 5% 1.6% 4722 2016 1 28 53

2016 8 30 12 54

571XVXV 7 8 352 A A (%) (%) 105,700 0.0006 0.0005 100,112 0.0005 0.0004 1,200 0.000006 0.000005 55

336 A A A (%) (%) 12,260,390,308 65.79 53.67 H H H (%) (%) BlackRock, Inc. 390,884,046 9.29 1.71 25,000 0.00 0.00 332,600,000 7.91 1.46 JPMorgan Chase & Co. 1 242,878,498 5.77 1.06 5,812,000 0.13 0.03 133,318,607 3.16 0.58 Deutsche Bank Aktiengesellschaft 2 229,803,271 5.46 1.01 123,424,962 2.93 0.54 10,406,000 0.25 0.05 Lehman Brothers Holdings Inc. 210,186,560 5.00 0.92 94,560,550 2.25 0.41 56

1 JPMorgan Chase & Co. 2016 12 15JPMorgan Chase & Co. H H 98,862,891 5,812,000 10,697,000 133,318,607 2 Deutsche Bank Aktiengesellschaft 2014 1 13Deutsche Bank Aktiengesellschaft H H 139,171,310 123,424,962 17,515,361 54,042,600 10,406,000 8,668,000 3 BlackRock, Inc. 4,180,000 25,000 JPMorgan Chase & Co. 69,000 19,096,595 5,511,405 123,000 339,000 0 5,350,000 Deutsche Bank Aktiengesellschaft 17,624,000 10,166,000 Lehman Brothers Holdings Inc. 10,000,000 60,000 336 XV23 57

1. (1) 0.1% (2) 95% 5% 58

12 31 2016 2017 2018 (i) 20,000,000,000 20,000,000,000 20,000,000,000 (ii) 3,500,000,000 3,500,000,000 3,500,000,000 (iii) 80,000,000 80,000,000 80,000,000 (1)(2) (3) (i) (ii) (iii) 14A.56 (1) (2) (3) (4) 3000 740 14A.5658 59 59

2. (1) 171,488,785.85 (2) 100%245,633.59274,267.07 3. 230233 60

36 3 2010 2012 2009 2013 2014 12 61

686 3+1 407,000 28 8,000 686 12 302.78283,511 2016 12 31 22,477 56,777 64,526 15,221 124,510 283,511 62

1238 6481 20172017 3 30 2017 20172017 2017 2016 63

20 64

65

1 21,299,900,00022,844,301,543A 2015 12 143 A H 12 1 2 2 2 2 2016 1 28 2 2 2 2 2 2 2 2 2 2 66

1. 2016 1 28 3.10(1) 3.10(2)3 3.10A 3.13 3 6 67

2. 10 14434 10 10 10 10 2016 1 28 10 9 1 10 10 10 10 10 8 2 10 8 2 3. 5 68

4. 5. 1 4 3 2016 1 28 1 3 1 1 1 1 1 1 1 2 2 1 1 4 1 1 69

6. (a) 2 20152016 20152016 2016 <><2016-2018 > 2 2 0 2 2 0 2016 1 28 2 1 1 2 2 0 2 1 1 70

(b) (1) (2) (3) (4) (5) 7 3315 71

7 7 0 7 7 0 7 6 1 (c) (1) (2) (3) (4) (5) 6 15 72

6 6 0 6 6 0 6 6 0 12 (d) (1) (2) (3) (4) (5) (6) 73

(e) 22015 20162016 74

2016 1 28 2 1 1 2 2 0 2 2 0 2 2 0 2 1 1 (1) (2) (3) (4) (5) (6) (7) (8) 75

3 8 3626 8 8 0 8 7 1 8 8 0 8 8 0 8 8 0 15 76

1. 10% (1) (2) 5 (3) 10 10% 5 90 10% (4) 10% (5) 77

2. (1) 3% 3% 10 2 (2) 45 20 3. ir@crec.cn A 2014 78

0.1% 95% 5% 2016 4,300 303A125H178 79

80

9397 IR E 4 2212 2,312 9,02331261 1367 756 20 81

I. 2016 2016 2016 0.05903.27% 20162055 20165,800 201647 3 160 82

II. CO 2 13,166,396.5 13,195,853.6 2016 0.0590 3.27% 836,790 837,891 371,160 372,650 1,265,005 1,267,443 3,350 4,100 8 83

III. 11 AAA1 70 IV. 2016 84

3.41 7556,900 80% V. 2016 9002.11,800 20161,000 8,600 3,000 8,000 2016 G20911 424 85

VI. VII. 2016 ISO9000QC 2016G20 2016TBM 20165.8 86

VIII. 2016 20169,702 2016180 2016 400 IX. 1. 2016 100% 2. 2016 3. 2016 87

4. 20162016 5. 2016 5,648 3 1.6525 7503,933 6. X. 2016 2016 22 2 305 30 201640 321072 8 63 1732,660 88

2016 3+17322 110200 5010 2016 510 XI. 2016 89

XII. 201612 2016 2016 6 10 2016 XIII. 20162016 21,800282,326 90

2016 337 298 2248,000 3 XIV. 2016 129 91

2016 20161,05947 201612,118 2,364 XV. 2016 100,000 XVI. 2016 500 2016 92

98 222 2016 12 31 2016 12 31 93

5 34(a) 94

4(b) 95

96

Yam Siu Man 2017 3 30 97

2016 2015 5 6 632,856 599,942 (583,067) (551,256) 49,789 48,686 7 1,855 2,475 7 (10,417) (10,281) 8 630 (1,088) (2,560) (2,342) (17,680) (17,509) 9 2,197 3,012 9 (5,774) (6,184) 118 88 614 160 18,772 17,017 10 (6,069) (5,231) 11 12,703 11,786 (24) (159) 8 36 (16) (123) 548 120 (141) 157 (23) (76) 8 (3) 31 (29) 423 169 407 46 13,110 11,832 98

2016 2015 11,808 11,675 34 701 583 194 (472) 12,703 11,786 12,141 11,716 34 701 583 268 (467) 13,110 11,832 14 0.517 0.530 99

2016 12 31 2015 12 31 15 54,778 51,765 1,429 1,280 16 11,986 9,290 99 1,251 17 2,012 18 4,547 3,722 19 36,821 37,547 20 4,664 5,454 21 5,524 2,640 22 5,958 5,249 23 829 829 24 12,896 8,351 25 6,976 8,813 40 5,258 4,367 212 209 28 5,209 7,137 159,198 147,904 16 239 192 26 23,315 28,205 26 60,962 66,064 27 28,737 30,110 24 1,210 3,886 28 234,229 206,253 29 111,791 122,379 807 1,030 25 9,650 6,620 30 123 144 31 9,254 7,414 32 114,830 93,304 595,147 565,601 754,345 713,505 33 22,844 22,844 105,287 95,456 128,131 118,300 34 12,038 12,123 8,827 8,815 148,996 139,238 100

2016 12 31 2015 12 31 35 686 631 36 92,308 96,213 37 42 492 38 3,453 3,779 39 335 248 1,140 1,537 40 782 920 98,746 103,820 35 407,418 365,245 29 12,952 14,857 5,129 4,065 36 80,017 84,209 37 451 1,346 38 466 494 39 13 46 30 157 185 506,603 470,447 605,349 574,267 754,345 713,505 88,544 95,154 247,742 243,058 98 222 2017 3 30 101

33 (b) (a) 34 2015 1 1 21,300 33,647 (3,230) 12,154 (643) 546 31,696 95,470 3,080 10,344 108,894 11,675 11,675 583 (472) 11,786 (123) 77 87 41 5 46 (123) 77 87 11,675 11,716 583 (467) 11,832 (347) (347) 41 100 100 (109) (109) (90) (199) 90 90 620 620 127 747 42 (942) (942) 345 345 345 13 (1,661) (1,661) (1,661) 34 8,958 8,958 33 1,544 10,456 12,000 12,000 (121) (121) (121) (498) (498) (a) 3,078 (3,078) 40 40 40 2015 12 31 22,844 43,982 (2,457) 15,232 (566) 633 38,632 118,300 12,123 8,815 139,238 11,808 11,808 701 194 12,703 (16) 492 (143) 333 74 407 (16) 492 (143) 11,808 12,141 701 268 13,110 (599) (599) 41 46 46 290 290 42 7 7 (345) (345) (345) 13 (1,965) (1,965) (1,965) (786) (786) (a) 3,890 (3,890) 2016 12 31 22,844 43,982 (2,818) 19,122 (74) 490 44,585 128,131 12,038 8,827 148,996 102

(a) 2015 1 1 11,417 259 478 12,154 2,614 97 367 3,078 2015 12 31 14,031 356 845 15,232 3,390 137 363 3,890 2016 12 31 17,421 493 1,208 19,122 (b) 2007 912,800,000,000 103

2016 2015 12,703 11,786 6,069 5,231 (2,197) (3,012) (127) (184) (125) (91) (444) (82) (67) (93) (38) (3) 1 (1) 5 (3) 42 (427) (83) 305 65 80 (3) (71) (33) 41 (5) 41 (8) 958 1,897 352 562 345 308 263 18 150 76 6 17 565 401 872 166 192 13 8 27 142 12 3 28 5,774 6,184 (118) (88) (614) (160) 114 135 (421) (440) 8,761 7,813 33,046 30,423 (111) (7) 2,457 (6,098) 4,032 11,282 1,358 14,900 (26,749) 12,653 10,438 (27,795) (492) (544) 40,704 8,444 (1,025) (714) 631 1,488 (1,905) (6,100) 54 (224) 383 419 17 (50) (96) (104) 100 90 (1,100) (488) (1,484) (1,317) 60,258 36,258 (5,763) (5,701) 54,495 30,557 104

2016 2015 (9,675) (6,710) (1,249) (2,127) 98 6 1,218 760 (37) (1,110) (2,012) (1,642) (568) 629 198 (6) (4) 41 4 (150) (3,616) 18 139 (31) (770) 52 41 (1) (1,550) 2,414 93 (2,918) (523) 1 11 (843) (976) 5 11 (10,167) (8,196) 7,350 6,635 (3,566) (6,305) 3,151 5,830 1,498 1,652 209 158 127 183 8,536 8,652 (10,476) (7,481) (17,478) (15,552) 290 90 9,589 3,991 (13,531) (3,300) 77,859 95,847 (78,204) (95,659) 6,050 8,916 (4,914) (8,665) (8,430) (10,241) (1,346) (756) 74 (533) (249) (1,965) (1,661) (709) (290) 12,000 (121) 747 (153) 8,958 (30) (15,770) 9,424 21,247 24,429 279 196 32 93,304 68,679 32 114,830 93,304 105

1. AH 2007 9 12 1281918 2. 2016 1 1 11 1 16 38 16 41 10 12 28 2012 2014 1 11 106

2. 1 451 9 1 15 1 16 2 22 1 2 1 4 9 4 1 10 3 28 7 4 12 4 40 1 2014 2016 5 1 2018 1 1 2 2019 1 1 3 4 2017 1 1 5 2017 1 12018 1 1 107

2. 9 9 9 9 9 9 39 399 39 9 108

2. 9 2016 12 31 9 15 15 151811 15 15 15 15 2016 15 15 15 15 109

2. 16 1616 17 16 16 17 16 1617 16 442016 12 317.47 16 16 110

3. 2 17 2 36 123 1 2 1 3 111

3. 112

3. (i) (ii) 39 1219 113

3. 114

3. 39 36 36 39 115

3. 116

3. 117

3. 118

3. 119

3. (i) 120

3. (i) (ii) (iii) 121

3. (iii) 122

3. (i)37 (ii) 123

3. 10% 124

3. 125

3. 2006 12 31 126

3. 127

3. 128

3. (a)(b)(c) 129

3. 130

3. 36 131

4. (a) (b) 25 282016 12 311,506.082015 1,446.76 452.602015 490.91 (c) (d) 132

4. (e) 2016 12 318.292015 8.29 23 (f) 2016 12 31 52.582015 43.67 40 (g) 38 133

5. 2016 2015 545,192 517,860 24,999 20,462 32,224 27,920 30,441 33,700 632,856 599,942 6. 8 (i) (ii) (iii) (iv) (v) 134

6. 2016 12 31 551,486 11,615 12,315 32,583 31,760 639,759 5,003 653 4,399 25 10,423 20,503 2,465 44 349 368 372 3,598 269 116 385 559,223 12,312 17,063 32,976 42,671 664,245 14,753 1,442 1,349 2,458 184 20,186 12 1 75 (2) 32 118 381 18 49 (3) 169 614 3,268 71 34 287 1,211 4,871 (3,659) (173) (156) (1,136) (3,414) (8,538) 2015 12 31 535,006 10,120 13,058 28,873 32,176 619,233 5,041 524 2,390 73 7,182 15,210 3,659 67 334 314 497 4,871 501 189 690 544,207 10,711 15,782 29,260 40,044 640,004 14,193 1,131 1,050 2,616 (450) 18,540 (1) (6) 60 35 88 150 23 34 (17) (30) 160 3,630 88 39 249 690 4,696 (4,119) (207) (170) (954) (2,759) (8,209) 135

6. 2016 2015 664,245 640,004 (20,888) (15,900) (a) (6,903) (19,291) (b) (3,598) (4,871) 632,856 599,942 4,871 4,696 (2,870) (1,968) 196 284 2,197 3,012 (8,538) (8,209) 2,764 2,024 1 (5,774) (6,184) 20,186 18,540 (2,513) (2,233) (c) 1,099 710 18,772 17,017 (a) (b) (c) 136

6. 2016 12 31 563,496 14,765 31,605 149,468 213,287 972,621 3,475 39 324 36 1,650 5,524 5,018 101 202 106 531 5,958 472,462 9,842 21,699 130,009 188,807 822,819 2015 12 31 514,776 14,771 27,783 138,123 173,514 868,967 836 43 226 1,535 2,640 4,266 100 119 82 682 5,249 441,942 9,394 19,255 114,949 141,803 727,343 23 137

6. 2016 12 31 2015 12 31 972,621 868,967 (224,067) (160,570) 5,258 4,367 (d) (163) (163) 807 1,030 (111) (126) 754,345 713,505 822,819 727,343 (222,820) (157,553) 782 920 5,129 4,065 (561) (508) 605,349 574,267 (d) 138

6. 2016 12 31 8,538 241 1,015 829 1,036 11,659 1,311 1 222 997 300 2,831 5 1 6 36 12 11 2 89 150 31 31 6 6 9,890 255 1,248 1,834 1,456 14,683 5,457 224 486 213 905 7,285 154 10 30 38 35 267 34 12 3 68 52 169 29 7 52 4 766 858 133 133 25 8 10 6 49 5,699 261 581 323 1,897 8,761 (91) 1 (14) (21) (125) (444) (444) 150 150 (38) (38) 430 14 17 16 481 958 352 352 142 142 565 565 27 27 8 8 345 345 263 263 139

6. 2015 12 31 6,521 153 671 177 1,040 8,562 81 26 283 202 13 605 1 1 2 4 32 8 198 7 3,500 3,745 850 850 133 1 134 6,768 188 1,152 389 5,403 13,900 5,134 204 434 155 704 6,631 136 9 26 24 45 240 18 11 2 57 72 160 37 7 37 4 596 681 101 101 5,325 231 499 240 1,518 7,813 (82) (2) 10 (18) 1 (91) (82) (82) 76 76 248 2 65 57 1,525 1,897 562 562 12 12 401 401 308 308 8 10 18 140

6. 2016 12 31 2015 12 31 2016 12 31 2015 12 31 604,590 569,077 120,676 112,006 706 719 3 178 27,560 30,146 8,180 7,052 632,856 599,942 128,859 119,236 1,919.402015 1,915.1330% 201532% 20162015 12 3110% 141

7. 2016 2015 127 184 (a) 421 440 57 37 53 117 (b) 795 1,297 71 33 8 1 331 358 1,855 2,475 10,417 10,281 10,417 10,281 (a) (b) 142

8. 2016 2015 (263) (18) (958) (1,897) (352) (562) (1,573) (2,477) (a) (565) (401) (142) (12) (8) (27) (b) (345) (308) 42 427 83 125 91 444 82 44 17 38 3 (1) 1 (5) 3 23 76 (80) 3 41(a) 5 2,275 1,746 630 (1,088) (a) 5.652015 4.0120 (b) 3.452015 3.08 42 143

9. 2016 2015 1,122 1,476 879 1,252 196 284 2,197 3,012 6,095 7,240 41 66 1,588 1,872 193 202 649 828 110 104 8,676 10,312 190 157 112 155 158 127 9,136 10,751 (3,362) (4,567) 5,774 6,184 2.50%-13.92% 20152.00%-13.92% 10. 2016 2015 5,959 4,830 1,099 710 (8) (5) 40 (981) (304) 6,069 5,231 2016 12 31 25% 201525%12.5% 15% 2015 12.5% 15% 144

10. 30% 30% 16.5% 24% 48% 30% 201530% 30% 16.5% 25% 30% 30% 2016 2015 18,772 17,017 25%201525% 4,692 4,254 177 182 (166) (45) 1,071 651 (168) (340) (59) (71) 812 775 (950) (793) (30) (22) (154) (40) 23 (37) 1,099 710 (275) (178) (8) (5) 5 190 6,069 5,231 2016 2015 40 8 36 31 (29) 39 7 145

11. 2016 2015 7,285 6,631 169 160 121 73 737 608 49 62 267 240 133 101 8,761 7,875 94 99 768 642 238 252 25,132 25,370 (503) (422) 279 240 (224) (182) 10,417 10,281 231,168 221,329 4,716 4,303 610 421 114 135 146

12. 2016 12 31 307 47 354 308 47 474 829 298 47 237 582 160 160 150 150 140 140 128 128 578 913 141 711 2,343 260 47 371 678 260 47 371 678 420 47 215 682 391 47 233 671 379 47 233 659 578 2,623 376 2,134 5,711 147

12. 2015 12 31 186 44 739 969 186 44 739 969 2015 7 94 23 117 2015 7 93 25 722 840 167 167 155 155 147 147 130 130 599 559 136 2,200 3,494 162 44 292 498 162 44 292 498 212 44 279 535 205 44 294 543 193 44 294 531 599 1,493 356 3,651 6,099 148

12. 2016 2015 6,251 4,623 161 189 23,691 22,227 30,103 27,039 2016 2015 2,000,0012,500,000 1 3,000,0013,500,000 1 4,500,0015,000,000 1 5,000,0015,500,000 1 1 6,000,0016,500,000 1 7,000,0017,500,000 1 10,500,00111,000,000 1 11,000,00111,500,000 1 12,000,00112,500,000 1 149

12. 2016 2015 30,278 27,065 38 5,326 4,724 38 112 155 2 (20) 2,601 2,316 8,757 7,923 47,076 42,163 8% 20% 13. 2016 12 310.088 20.10 2016 6 242015 12 310.0862015 2014 12 310.07819.652015 16.612016 8 14. 2016 12 31118.08205 116.75 22,844,301,543201522,023,441,545 150

15. 2016 1 1 24,061 36,862 11,293 6,467 2,700 3,698 6,827 91,908 156 38 17 72 3 6 34 326 652 4,972 944 408 413 683 3,587 11,659 2,359 256 11 892 34 90 (3,642) 30 30 228 228 41 2 1 3 42 (9) (1) (2) (7) (371) (390) (275) (1,545) (570) (349) (129) (288) (564) (3,720) (96) (96) 2016 12 31 27,115 40,583 11,688 7,489 3,019 4,183 5,871 99,948 2016 1 1 4,818 20,579 7,948 2,653 1,837 2,296 12 40,143 47 33 11 4 1 1 97 883 3,783 1,140 649 377 453 7,285 7 7 42 (7) (1) (1) (5) (14) 142 142 (97) (1,237) (530) (268) (119) (221) (2,472) (18) (18) 2016 12 31 5,640 23,158 8,562 3,037 2,095 2,524 154 45,170 2016 12 31 21,475 17,425 3,126 4,452 924 1,659 5,717 54,778 151

15. 2015 1 1 21,886 34,232 10,808 5,975 2,589 3,485 4,913 83,888 61 (54) (24) 29 (8) (13) (9) 750 3,495 929 404 265 451 2,268 8,562 1,620 323 59 258 2 85 (2,347) 8 8 237 237 2,490 2,490 41 113 3 14 3 133 42 (2) (1) (1) (5) (115) (124) (218) (1,134) (480) (212) (155) (313) (369) (2,881) (396) (396) 2015 12 31 24,061 36,862 11,293 6,467 2,700 3,698 6,827 91,908 2015 1 1 4,173 18,143 7,248 2,300 1,696 2,162 35,722 (1) (51) (24) (7) (5) (88) 797 3,422 1,170 546 284 412 6,631 1 1 42 (2) (1) (1) (4) (8) 12 12 (134) (935) (444) (185) (142) (269) (2,109) (18) (18) 2015 12 31 4,818 20,579 7,948 2,653 1,837 2,296 12 40,143 2015 12 31 19,243 16,283 3,345 3,814 863 1,402 6,815 51,765 15 50 8 15 4 12 8 18 5 10 3 10 152

15. 5.172015 19.43 2016 12 31 6002015 1.927002015 1.66 362016 12 31 6002015 600201536 2016 12 3110.632015 9.36 16. 2016 2015 9,482 9,018 41 3 2,831 605 385 218 (15) (3) (185) (116) 42 (1) (275) (240) 12,225 9,482 11,986 9,290 239 192 12,225 9,482 2016 12 31 1.052015 1.58 20163.0020157.932015 36 153

17. 2016 2015 1,437 575 2,012 18. 2016 2015 4,438 3,233 6 4 96 396 1,009 846 (30) (8) (48) (30) (5) (3) 5,466 4,438 716 545 196 160 18 18 (7) (1) (2) (4) (2) (2) 919 716 4,547 3,722 45.472015 37.2245.98 2015 37.68 154

18. 2016 12 31 2016 12 31 2016 12 31 1,576 1,588 584 587 411 417 395 403 368 378 328 331 319 321 566 573 4,547 4,598 25 50 2016 12 31 13.04 2015 10.16 19. 2016 1 1 39,778 93 8 288 965 41,132 72 4 62 12 150 (8) (12) (20) 2016 12 31 39,850 93 12 342 965 41,262 2016 1 1 3,222 74 7 171 111 3,585 734 3 1 46 74 858 (2) (2) 2016 12 31 3,956 77 8 215 185 4,441 2016 12 31 35,894 16 4 127 780 36,821 155

19. 2015 1 1 36,409 92 10 238 777 37,526 3,500 1 50 194 3,745 41 1 1 (131) (2) (1) (6) (140) 2015 12 31 39,778 93 8 288 965 41,132 2015 1 1 2,618 70 6 142 69 2,905 604 4 1 30 42 681 (1) (1) 2015 12 31 3,222 74 7 171 111 3,585 2015 12 31 36,556 19 1 117 854 37,547 Build-Operate-Transfer (i) (ii)(iii) 19 38201520 39 2015 210.432015 211.0336350.982015 357.92 2 10 2 10 2 10 3 50 156

20. 2016 1 1 5,770 408 6,178 31 31 42 (698) (242) (940) 13 13 2016 12 31 5,116 166 5,282 2016 1 1 482 242 724 133 133 2 2 565 565 42 (564) (242) (806) 2016 12 31 618 618 2016 12 31 4,498 166 4,664 2015 1 1 4,980 468 5,448 730 120 850 42 (131) (131) (3) (49) (52) 63 63 2015 12 31 5,770 408 6,178 2015 1 1 220 220 101 101 2 2 159 242 401 2015 12 31 482 242 724 2015 12 31 5,288 166 5,454 157

20. 5.65 2016 12 2942 2016 2015 (31) (770) 21. 2016 12 31 2015 12 31 5,465 2,574 64 71 (5) (5) 5,524 2,640 158

21. 20162015 12 31 2016 2015 % % 49 (a) 49 (a) 80 (b) 80 (b) 50 50 D2 49 49 (a) (b) 159

21. 2016 12 31 2015 12 31 17 11 825 2,443 112 12 745 477 1,287 3,845 110 1,288 3,897 112 174 393 380 300 173 292 377 357 2,175 67 496 2,273 40 3 9 171 34 102 10 240 25 359 274 350 2,171 496 2,269 160

21. 2016 2015 276 199 652 248 243 508 120 (56) 151 (2) 90 (17) 120 47 53 33 66 90 16 61 67 17 2 3 28 126 38 153 21 4 50 16 6 40 2016 12 31 2015 12 31 773 1,288 488 2,143 731 1,344 440 477 49% 80% 50% 49% 49% 80% 50% 49% (18) 16 5 (9) 26 6 361 1,046 249 1,050 349 1,101 226 234 2016 2015 39 12 161

21A. 2016 201530% 201530% 40% 40% 40% 22. 2016 12 31 2015 12 31 4,906 5,380 1,053 178 (1) (309) 5,958 5,249 42 20162015 12 31 2016 2015 % % 30 30 50 (a) 50 (a) 50 (b) 50 (b) (a) (b) 162

22. 2016 12 31 2015 12 31 6,012 3,225 301 5,802 2,171 339 707 1,845 614 3,619 3,695 68 33 4,066 1,351 36 37 2,007 941 30 367 2,750 2016 2015 6,705 437 5,997 654 621 163

22. 2016 12 31 2015 12 31 2,987 1,150 1,172 2,320 453 1,172 30% 50% 50% 30% 50% 50% 3 2 895 575 586 695 227 586 (2) (19) 2 (7) (20) 893 575 567 697 220 566 2016 2015 418 (26) 418 (26) 3,923 3,767 59 42 195 136 164

23. 2016 2015 880 880 51 51 829 829 47 2016 2015 66 66 51 51 95 95 82 82 26 26 53 53 26 26 28 28 26 26 88 88 19 19 206 206 24 24 39 39 829 829 15% 201515% 165

23. 11% 201511% 24. 2016 12 31 2015 12 31 809 509 6,321 6,254 1,349 1,541 5,627 3,933 14,106 12,237 1,210 3,886 12,896 8,351 14,106 12,237 73.062015 66.18 6,7002015 9,300 166

25. 2016 12 31 2015 12 31 10,561 7,212 7,026 8,830 17,587 16,042 (961) (609) 16,626 15,433 (9,650) (6,620) 6,976 8,813 2016 12 3115.542015 9.84 3.73% 43.2% 20153.73% 43.2% 2016 12 31 86.532015 57.26 2016 12 31 2015 12 31 1,102 880 2016 2015 609 47 352 562 961 609 167

26. 185.262015 226.09 84.632015 113.2936 9.022015 4.25201536 134.742015 153.5412 27. 2016 12 31 2015 12 31 21,725 23,930 2,781 2,674 4,231 3,506 28,737 30,110 28. 2016 12 31 2015 12 31 154,287 148,024 (3,679) (3,348) 150,608 144,676 11,771 1,971 162,379 146,647 33,528 34,290 43,531 32,453 239,438 213,390 (5,209) (7,137) 234,229 206,253 168

28. 90% 46 479.612015 501.60 2016 12 31 2015 12 31 92,483 75,435 28,676 24,802 23,037 26,098 9,328 11,326 8,855 8,986 162,379 146,647 2016 2015 7,524 5,759 958 1,897 (30) (132) (6) 8,446 7,524 3.522015 3.52 169

28A. 2016 12 312015 12 31 36 2016 12 31 944 944 654 654 290 290 2015 12 31 37 2,333 2,370 37 1,503 1,540 830 830 29. 2016 12 31 2015 12 31 3,505,568 3,069,527 (3,406,729) (2,962,005) 98,839 107,522 111,791 122,379 (12,952) (14,857) 98,839 107,522 170

30. 2016 12 31 2015 12 31 98 83 19 60 6 1 123 144 2016 12 31 2015 12 31 157 185 157 185 20162015 12 3120212017 2007 122009 12 31. 2016 12 31 2015 12 31 9,085 7,334 26 1 143 79 9,254 7,414 171

32. 2016 12 31 2015 12 31 106,167 86,944 6,116 3,702 2,547 2,658 114,830 93,304 0% 8.00% 2015 0% 10.00% 33. 2016 2015 2016 2015 1.00A 18,636,912 17,092,510 18,637 17,093 1,544,402 1,544 18,636,912 18,636,912 18,637 18,637 1.00H 4,207,390 4,207,390 4,207 4,207 22,844,302 22,844,302 22,844 22,844 1.00A 18,636,912 17,092,510 18,637 17,093 1,544,402 1,544 18,636,912 18,636,912 18,637 18,637 1.00H 4,207,390 4,207,390 4,207 4,207 22,844,302 22,844,302 22,844 22,844 172

33. 2016 12 31A18,636,912,000H4,207,390,000H A AH AH 20151,544,402,000 A 34. 2014 7 12015 1 212015 6 1130 40302015 4 3 20 12 173

35. 2016 12 31 2015 12 31 298,715 258,879 54,542 54,780 2,688 2,878 2,556 10,548 140 144 510 367 48,953 38,280 408,104 365,876 686 631 407,418 365,245 408,104 365,876 18036065.482015 57.70 2016 12 31 2015 12 31 269,171 228,672 18,217 18,432 5,549 6,224 5,778 5,551 298,715 258,879 174

36. 2016 12 31 2015 12 31 30,466 34,442 91,760 92,503 122,226 126,945 3,000 33,322 34,015 8,755 8,755 6 72 7,591 7,635 425 172,325 180,422 92,308 96,213 80,017 84,209 172,325 180,422 2016 12 31 2015 12 31 80,017 84,209 28,117 19,783 36,931 45,616 27,260 30,814 172,325 180,422 175

36. 2016 1 2821.2020.50 2026 1 282021 1 283.80% 3.07% 2016 7 215 2026 7 283.25%1 287 28 3.39% 2016 7 2410 2019 9 244.80% 1.12% 9.00% 20150.92% 10.05% 2.80% 4.50% 20153.58% 4.50% 1.00% 7.98% 20151.38% 10.5% 3.07% 6.40% 20153.85% 7.2% 4.75% 7.80% 20156.28% 13.92% 2016 12 31 2015 12 31 1,946 3,238 136 122 164 163 2,246 3,523 2016 12 31 2015 12 31 5.253.50 176

36. 2016 12 31 2015 12 31 12 13 192 166 300 793 21,043 35,098 21,103 35,792 8,888 19,428 11,329 22,609 37 37 654 944 1,503 2,333 350 525 30,897 56,276 34,514 61,462 37. 220153 2016 12 31 2015 12 31 2016 12 31 2015 12 31 455 1,405 451 1,346 45 518 42 492 500 1,923 493 1,838 (7) (85) 493 1,838 493 1,838 (451) (1,346) 42 492 177

38. 47.166.102015 43.034.21 2016 12 31 2.583,8002015 3.204,500 2016 12 31 2016 12 31 2015 12 31 3.00% 3.00% 4.50% 4.50% 8.00% 8.00% 178

38. 2016 12 31 2015 12 31 2 (20) 112 155 114 135 217 24 (58) 24 159 138 294 2016 12 31 2015 12 31 3,919 4,273 3,919 4,273 (466) (494) 3,453 3,779 179

38. 2016 2015 4,273 4,523 112 155 217 24 (58) 2 (20) (492) (544) 3,919 4,273 0.25%6,8007,000 20157,5007,800 1%1.421.252015 1.571.36 1%1,5001,5002015 1,8001,700 180

38. 2016 12 3111.4201511.9 4.620154.9 11.6201512.2 39. 11.8201512.4 2016 2015 294 518 71 33 (17) (257) 348 294 335 248 13 46 348 294 181

40. (a) (b) 2015 1 1 518 890 (304) 838 (121) (192) 1,549 3,178 (19) 123 48 (71) 19 167 267 36 (29) 7 6 6 (47) (22) (69) 5 10 3 19 37 (1) 22 21 2015 12 31 462 1,001 (256) 806 (150) (173) 1,757 3,447 296 236 (68) (71) 20 591 1,004 8 31 39 (15) (2) (6) (23) 16 (9) (2) 4 9 2016 12 31 774 1,222 (333) 741 (119) (155) 2,346 4,476 (a) (b) 2016 12 31 2015 12 31 5,258 4,367 (782) (920) 4,476 3,447 182

40. 2016 12 31 2015 12 31 3,263 1,978 11,018 8,447 14,281 10,425 8,606 5,598 2016 822 2017 1,141 1,226 2018 1,211 1,553 2019 1,888 2,244 2020 2,495 2,602 2021 4,283 11,018 8,447 183

41. (a) (%) SMSTSMST 2016 3 30 100% 1 1 SMST 1 1 SMST 11 1 1 (12) 1 1 1 184

41. (a) 2016 (1) (1) 2015 50%49%30% 20%49% (%) 2015 6 30 45 50 2015 12 30 51 16 2015 7 20 70 1,350 2015 8 31 100 51 2015 9 17 80 8 2015 11 2 51 25 1,500 185

41. (a) 50 1,350 8 25 26 1,459 16 16 25 25 52 22 5 2 25 106 4 1 5 106 39 1,355 10 50 51 1,611 36 4 24 22 14 21 121 72 72 745 1,794 1,255 2,250 6,044 412 412 203 1,062 8 1 27 1,301 1 1 18 1 1 20 4 1 1 6 (218) (653) (1,526) (565) (941) (128) (4,031) (53) (712) (765) (1,274) (282) (1,556) 112 47 1,355 10 50 51 1,625 106 47 1,355 10 50 51 1,619 6 6 112 47 1,355 10 50 51 1,625 186

41. (a) 2015 1,611 6 (1,625) (8) 2015 (1,459) 121 (1,338) (b) 2016 2016 2 2 67 533 (448) (63) 93 (46) 47 187

41. (b) 2016 2016 2015 3,70051% 6,20051% 1.13 100% 74 129 203 3 4 7 113 113 (5) (12) (17) 72 121 113 306 (35) (59) (94) 37 62 113 212 188

41. (b) 37 62 113 212 37 62 113 212 (37) (62) (113) (212) (37) (62) (113) (212) 42. 100% 50% 2016 12 29 100%24.56 189

42. 2016 2,456 2,456 2016 122 450 921 4,658 9 376 59 1 134 428 178 1 (326) (200) (4,420) 2,391 190

42. 2016 2,456 (2,391) (7) 24 82 345 427 2016 2,456 (122) 2,334 2015100%15% 24.07 2015 1,038 1,369 2,407 191

42. 2015 752 829 9,018 243 1,641 41 116 131 69 (2,932) (6,640) 3,268 2015 2,407 (3,268) 942 2 83 2015 1,038 (752) 286 192

43. 2016 2015 (a)(b) 987 1,458 (c)(d) 381 854 1,368 2,312 (a) 39 (b) (c) 2009 A2AC 11.604.0227.41 2011 6 32011 6 13 2011 9 29 1.290.422.63 2014 2015 2 25 2016 2 26 2016 2016 4 25 2017 2 252017 3 24 193

43. (d) EXACO MKMMKM 2011 8 30EXACOMKM 2015 9 1EXACOMKMMKM5,500 3.5643.5% 11.5%2012 11 EXACOEXACO MKM 2016 1 7 32016 5 12 2017 5 22 2017 2 10EXACOEXACO43.5% 5,5003.565,3003.70 2016 12 31 2015 12 31 5,467 20172023 4,011 20162025 400 20172018 2,230 20162020 61 2017 57 2016 21,005 20172025 17,920 20162021 5 2016 928 2022 541 20212022 1,363 20202024 29,224 24,764 194

44. 2016 12 31 2015 12 31 1,242 1,042 2016 12 31 2015 12 31 18,383 17,260 3,617 792 22,000 18,052 117.57% 16.67% 2015 6.56% 16.67% 2016 12 31 2015 12 31 261 282 694 781 605 657 1,560 1,720 195

44. 2016 12 31 2015 12 31 593 398 119 177 35 37 747 612 45. 36 37 196

45. 2016 2015 2016 2015 8,169 7,647 8,141 8,619 163 134 442 306 12 61 859 1,321 2,530 3,128 6,817 4,342 2,549 3,511 71 2,932 7 155 724 156 23 726 171 6% 20156% 6% 20156% 6% 2015 6% 197

45. 2016 2015 (a) 246 123 (246) (123) (b) 156 108 (156) (108) (a) (b) 25 201550 198

45. 2016 2015 25 50 2016 2015 (178) (357) 178 357 14 25 (14) (25) 24 30 6% 20155% 2016 2015 6% 5% 2016 2015 5 6 (5) (6) 80 78 (80) (78) 199

45. 2016 12 31 43 33% 2015 35%36% 201540% 13% 201514%43% 201553% 2016 12 31 5,182.42 200

45. 2016 12 31 338,159 1,201 4,512 159 115 36 344,182 344,027 86,626 31,863 18,430 15,687 9,018 32,738 194,362 172,325 455 40 5 500 493 29,224 29,224 454,464 33,104 22,947 15,846 9,133 32,774 568,268 516,845 2015 12 31 296,190 1,252 659 335 45 187 298,668 298,430 92,042 24,124 31,133 8,566 14,098 37,246 207,209 180,422 1,405 470 46 2 1,923 1,838 24,764 24,764 414,401 25,846 31,838 8,903 14,143 37,433 532,564 480,690 20162015 12 31 201

45. 2016 12 31 143,835 17,289 22,320 3,793 2,452 1,930 191,619 189,160 11,351 1,993 1,596 119 119 3,292 18,470 16,626 9,254 9,254 9,254 114,830 114,830 114,830 279,270 19,282 23,916 3,912 2,571 5,222 334,173 329,870 2015 12 31 146,504 14,691 9,703 5,419 1,415 1,918 179,650 177,675 7,165 6,475 506 1,765 33 693 16,637 15,433 7,414 7,414 7,414 93,304 93,304 93,304 254,387 21,166 10,209 7,184 1,448 2,611 297,005 293,826 202

45. 2016 12 31 (160) (160) (151) 2015 12 31 (129) (74) (203) (185) 2016 12 31 2015 12 31 123 144 16,626 15,433 189,160 177,675 9,254 7,414 114,830 93,304 329,870 293,826 14,106 12,237 157 185 344,027 298,430 172,325 180,422 493 1,838 516,845 480,690 203

45. 2016 12 31 2015 12 31 1) 6 1 157 185 2) 42 18 20 19 19 17 30 8 50 37 117 143 3) 668 936 65 73 733 1,009 204

45. 2016 12 31 2015 12 31 4) 615 531 1 1 616 532 5) 183 262 626 247 809 509 6) 3,461 2,044 1,115 1,647 31 223 1,131 759 20 40 563 1,541 6,321 6,254 205

45. 2014 12 31 20152015 12 31 2016 2016 1 1 6,254 247 6,501 90 90 (263) (263) 8,186 457 8,643 (7,946) (78) (8,024) 2016 12 31 6,321 626 6,947 2015 1 1 5,954 5,954 1 1 (52) (52) 6,724 247 6,971 (6,373) (6,373) 2015 12 31 6,254 247 6,501 206

45. 2016 2015 16,626 17,689 2 15,433 15,151 2 1,502 1,516 2 1,449 1,466 2 33,322 34,106 2 34,015 35,840 2 7,192 7,533 2 6,534 6,718 2 46. 207

46. 2016 2015 42 2,456 132 84 95 30 30 33 34 19 72 1 123 28 64 1 34 46 1 6 2,330 1,952 7,032 8,348 1,082 1,193 1,104 877 35 61 7,216 6,510 6 5 2 1,416 1 12 208

46. 2016 12 31 2015 12 31 57 3 2 128 74 1,584 2,179 643 712 803 3 53 311 994 574 400 17 2,654 2,939 862 1,062 116 1,937 2,493 16 39 1,303 9 9 96 155 2 56 1,944 312 196 311 112 45 127 551 1 29 15 161 78 237 129 8 172 240 43 209

46. 2016 2015 3,194 2,113 463 445 3,430 6,844 7,087 9,402 2016 12 31 2015 12 31 11,000 11,000 210

47. 20162015 12 31 2016 2015 % % 2,790,164 100 100 1,663,820 100 100 2,347,980 100 100 3,668,531 100 100 2,294,587 100 100 1,706,806 100 100 1,727,122 100 100 1,999,943 100 100 2,149,503 100 100 2,008,223 100 100 2,385,003 100 100 211

47. 2016 2015 % % 2,333,103 100 100 1,000,000 100 100 1,195,038 100 100 1,670,000 100 100 5,000,011 100 100 5,427,127 100 100 6,000,000 100 100 3,200,000 93 93 4,000,000 95 95 212

47. 2016 12 31 5,000 2020 1 27 2,500 2020 10 19 3,500 2025 10 19 4,659 2021 3 23 1,660 2018 10 17 2,050 2021 1 28 2,120 2026 1 28 1,000 2019 7 24 3,469 2023 2 5 2,000 2018 6 19 1,000 2018 5 14 3,469 2026 7 21 2015 12 31 5,000 2020 1 27 2,500 2020 10 19 3,500 2025 10 19 8,000 2021 3 23 4,000 2018 10 17 1,000 2017 9 24 600 2016 2 26 600 2016 3 5 600 2016 3 13 600 2016 3 21 300 2016 3 25 600 2016 5 1 500 2016 11 7 500 2016 5 13 500 2016 3 25 800 2016 5 17 1,000 2016 5 24 3,247 2023 2 5 2,000 2018 6 19 1,000 2018 5 14 250 2016 6 5 213

47. 2016 12 31 2015 12 31 14 12 5 5 3 3 1 1 5 3 28 24 2016 2015 2016 2015 2016 2015 % % 50 50 (48) (180) 3,344 3,348 10 10 (8) (14) 1,319 1,327 34 34 116 105 789 804 30 30 22 8 624 554 6,076 6,033 214

47. 2016 12 31 2015 12 31 51,564 51,688 4,582 4,759 44,079 44,551 5,582 5,454 6,243 6,162 3,102 3,068 242 280 2016 2015 50,908 55,610 50,865 55,707 43 (97) 168 168 77 85 (125) (265) 44 44 1,368 (5,053) 93 336 (1,968) 5,655 (507) 938 215

47. 2016 12 31 2015 12 31 71 53 7,150 7,292 2,048 832 4,074 5,336 1,099 1,177 1,319 1,327 2016 2015 417 384 494 527 (77) (143) (8) (14) 370 334 (2) (2) (354) (343) 14 (11) 216

47. 2016 12 31 2015 12 31 983 1,009 4,251 4,367 278 219 2,634 2,790 2,322 2,367 789 805 2016 2015 685 675 343 366 342 309 116 105 132 606 583 (1) (7) (617) (225) (12) 351 217

47. 2016 12 31 2015 12 31 1,243 1,242 840 606 2,083 1,848 624 554 2016 2015 (72) (26) 72 26 22 8 163 (12) 48 (4) 235 14 70 4 73 (1,945) 1,284 73 (661) 218

47. 2016 12 3166.302015 68.40 39.672015 33.36 20162015 12 31 2016 12 31 27.97201533.53 2016 12 31 4,004.792015 3,606.77 20162015 12 31 219

48. 2016 12 31 100% 100% A 2016 9 20 2017 1 5 60.42% 1,113,577,137 A 2017 1 242017 3 2 378,548,895 A2017 3 2760 9,00059.10 50.13% 220

49. 2016 2015 5,528 9,824 8,006 5,271 95,499 83,554 109,033 98,649 53,470 56,497 17,182 11,250 47,036 40,286 117,688 108,033 226,721 206,682 33 22,844 22,844 34 12,038 12,123 84,291 75,892 119,173 110,859 23,205 25,708 18 15 23,223 25,723 75,842 61,809 8,483 8,291 84,325 70,100 107,548 95,823 221

49. 2015 1 1 33,647 7,739 2,745 16,238 60,369 7,347 7,347 10,456 10,456 (121) (121) 756 (756) (1,661) (1,661) (498) (498) 2015 12 31 43,982 7,739 3,501 20,670 75,892 11,150 11,150 1,183 (1,183) (1,965) (1,965) (786) (786) 2016 12 31 43,982 7,739 4,684 27,886 84,291 222

I. 1. (1) 2015 2016 6 242015 2015 12 3122,844,301,54310 0.861,964,609,932.702015 16% A2016 8 5 2016 8 182015 (2) 2016 2016 2016201620,903,465,237.71 11,830,171,236.152015 2,751,776,599.3610%1,183,017,123.62 28,798,842,750.882016 12 3122,844,301,543 100.882,010,298,535.78 16%26,788,544,215.10 20162016 223

I. 1. (3) 2016 (i) 30% (1) 100 30 2016 2018303 4.72017 PPP (2) (ii) 2016 (1)2016 (2)2016 16% 2016 224

I. 2. 10 10 10 (%) 2016 0.88 20.10 125.09 16 2015 0.86 19.65 122.58 16 2014 0.78 16.61 103.6 16 2016 3. 4. 225

II. 1. 5% / / / / 2017 1 6005282016 9 21(http://www.sse.com.cn) 2. 226

III. IV. V. 1. 2. 3. 4. VI. 4,050 10 250 10 251 227

VI. 1. 2017 2017 3 30 2017 2017 2017 20172016 2017 3 31(http://www.sse.com.cn) 2. VII. 1. VIII. IX. 228

X. 1. A2 A2AC 2011 2015 2 25 2016 2 26 2016 4 25 2017 2 252017 3 24 2. 3. XI. XII. 229

XIII. 1. 2. XIV. 1. (1) (2) (%) 32,628 32,628 1% 29,595 29,595 1% 62,223 62,223 2015 12 30 (3) 230

XIV. 2. (1) 2016 12 2016 12 29 100% 2,456,336 2016 12 30 (http://www.sse.com.cn) (2) (3) (4) 3. (1) (2) (3) 231

XIV. 4. (1) (2) (3) 5. (1) 1 697,600 2008 6 2024 6 2 5,000,000 2010 1 2020 1 2 3,500,000 2010 10 2025 10 2 2,500,000 2010 10 2020 10 1 2 2008 6 252007 8.207172008 6 7.83 2729% 2008 6 302025 6 202016 12 31 2010 1102010 101015 2016 12 3110,969,4802015 12 31 10,963,668 232

XIV. 5. (2) 1,600,000 2016 12 31 2015 12 31 55,311 1,938,956 571 5,013 2015 12 2 2018 12 31 2015 12 30 2016 12 2916 (3) 2016 1-12 2015 1-12 1 492 2 18,651 72,456 2 56 18 1 2 233

XV. 1. 2. 697,600 2008/06/30 2008/06/30 2024/06/20 200,000 2008/11/24 2008/11/24 2020/11/30 / 470,500 2013/04/23 2013/04/23 2019/06/12 / 173,355 2014/09/23 2014/09/23 2019/12/28 / 400,000 2013/12/20 2013/12/20 2018/12/19 / 1,003,500 2015/12/24 2015/12/24 2023/11/24 / 290,000 2012/07/16 2012/07/16 2022/12/20 / 61,045.6 2012/12/29 2012/12/29 2017/12/31 / 3,258,118.08 (A) 3,296,000.60 5,989,628.15 (B) 36,350,962.95 (A+B) 39,646,963.55 (%) 28.25 (C) 70% 35,070,276.55 (D) 50% (E) (C+D+E) 35,070,276.55 2016 12 31 21,004,790 234

XV. 3. (1) (2) 36,000,000.00 1 4.35% 80,000,000.00 1 4.35% 25,000,000.00 1 4.35% 73,000,000.00 1 4.35% 100,000,000.00 5 10% 1,257,150.00 2,532,666.67 311,145.83 379,295.83 1,242,694.44 235

XV. 3. (3) 1 10 2 15 3 4.7 3 178,794,616.10 4 1.33 3 2,629,500.00 5 1,500 5 1,825,900.00 6 5,000 2 7 16,000 7 8 1,500 4.5 1,784,395.83 9 1,000 6.5 1,067,694.44 10 5,000 2 3,389,907.77 11 7,500 2 12 4,390 2 13 12,135 3 14 750 3 815,875.00 15 27,900 3 17,161,286.59 16 27,900 3 17 5,245 6 18 15,000 5.95 19 9,900 5.72 20 9,900 5.46 21 9,900 5.2 22 9,900 4.96 23 30,000 6 24 38,500 6 25 100 2 26 6,600 3 20,000,000.00 27 1,000 5 28 7,500 3 29 6,400 15 30 143,000 7 31 2,000 12 302,222.22 32 32,925 5 33 34,000 7 34 11,500 7 236

XV. 4. (1) (i) (A) 1 2 3 MHTJ-10 MHTJ-28MHTJ- 24MHTJ-3 MHTJ-15MHTJ-17 MHTJ-19MHTJ-6 MHTJ-9MHTJ- 30MHTJ-31 MHTJ-16 MHSS-3MHSS-5 MHSS-6 MHQG-2 SHZQ-3SHZQ-5 SHZQ-8SHZQ-10 SHZQ-11SHZQ-13 SHZQ-15SHZQ- 16 FPZQ-3 2015/02 2015/07 3,068,982 55-60 2015/11 2,041,162 59.4 2013/10 879,909 2,007 237

XV. 4. (1) (i) (A) 1 2 3 LBAMSG-2 1 2014/06 967,490 3.5 2014/12 869,121 30 2015/01 182,741 730 1 3 2 3 02 3 2015/10 787,310 39 2015/06 456,913 1,340 2015/09 320,000 1,000 238

XV. 4. (1) (i) (B) 1 2 3 2010/09 112,604 72 2011/01 84,100 72 2015/06 81,900 18 239

XV. 4. (1) (i) (C) 1 2 HTQ-1 GL01 2015/08 51,105 22 2014/11 49,048 41 1 2 2015/08 40,847 / 2015/05 17,005 12 1 2015/07 14,560 6-10 2 S1 2015/09 11,935 / 240

XV. 4. (1) (i) (D) m 2 1 230.60 2 105.54 3 89.34 4 78.86 5 53.45 6 49.36 (E) BOT 1 BOT 2 BOT 3 BOT 2007/10 517,000 36 30 2005/08 516,361 36 28 2005/12 644,000 36 27 241

XV. 4. (1) (ii) (A) 1 2 3 1 YXZQ 3YXZQ-4 YXZQ-7 YX-SG-ZQ4 YX-SG-ZQ6 YX-SG-ZQ7 X-SG-ZQ8 YX-SG-ZQ9 YMZQ-1 YMZQ-3 YMZQ-5 YMZQ-6 YMZQ-11 YMZQ-13 YMZQ-14 YMZQ-16 YMZQ-22 YMLD YMLD 2016/08 2,080,897 54 2016/09 1,678,004 47-52 2016/04/05 1,323,803 12-56 242

XV. 4. (1) (ii) (A) 1 2016/02 388,377 / 2 2016/04 210,000 43 3 A3 A1 2016/03 132,669 42 1 2 3 4 NYLDJSG-2 NYLDJSG-1 2016/12 428,000 730 2016/12 387,456 35 2016/06 218,248 / 2016/04 133,419 18 243

XV. 4. (1) (ii) (B) 1 2 3 12 2016/07 18,220 2020/06 2016/03 17,741.0 32 2016/03 13,897.3 60 (C) 1 2 1 2015/12 46,727 33 2016/03 40,775 32 244

XV. 4. (1) (ii) (C) 1 515.02 2016/11 31,712 24 258.577 177.144 250 13 2 100 2016/03 21,694 2016 3 1 2016/05 16,974 24 2 2016/10 14,478.50 7 245

XV. 4. (1) (ii) (D) 100% 2 A11-2 69 100% 3 2 3 2 100% 3 1 100% 227 100% 17 100% 100% 15-17 2 100% 15 100% 8,000,000 6,150,000 2019 100% 3,000,000 5,260,000 2022 100% 1,060,600 2,425,300 2018 80% 1 528,000 1,141,400 2018 67% 586 863,900 1,482,700 2029 100% 246

XV. 4. (2) 1 50% BOT 2 51% 3 PPP 3 49% PPP 4 14% 12 5 49% BOT 6 65% PPP 7 60% BOT 2016/04 355.59 36 29.5 2016/11 173.88 58 30 2016/08 146.8 57 30 2016/12 146 3 27 2016/11 135.2 3 29 11 2016/09 131 39 30 2016/09 117.46 3 25 247

XVI. 2025 (600528) 2016 5 52016 7 29 201656 2016 9 20 2017 1 5 2017 1 12383,802,693 A2017 1 242017 3 2 2017 310 15.85378,548,8955,999,999,985.75 2017 3 27 50.13% 248

XVII. 1. 2002 34 13 2. 2008 521.92015430.6 http://www.sse.com.cn2016 3. XVIII. 249

1 2 3 4 BT (Build-Transfer) 5 BOT (Build-Operate-Transfer) 6 PPP (Public-Private-Partnership) 7 8 BIM (Building Information Modeling) 9 10 11 12 13 21 14 15 16 (Asian Infrastructure Investment Bank) 17 18 250

CPA, FCCA CPA, FCCA 251

252 1281918 100070 49 12 1201 03 1 8 8835 158 F407 100031 10 A 166 36 H 183 17M A 601390 H 00390 http://www.crec.cn

69 100039 http://www.crec.cn