普通股票代號 2608 A N N U A L R E P O R T 2 0 1 6 民 國 一 百 零 五 年 度 年 報 A N N U A L R E P O R T www.kerrytj.com 民 零 國 一 百 五 年 度 2 0 1 6 改變創新 與時俱進 年 報 嘉里大榮物流股份有限公司 Kerry TJ Logistics Company Limited 總公司 : 10059台北市中正區新生南路一段50號14樓 T 886 3322 6888 F 886 3322 6777 9 9 9 10 00 中華民國106年5月10日 刊印 公開資訊觀測站網址 mops.twse.com.tw

1 2 17 19 31 43 43 43 44 45 46 47 50 50 50 50 50 50 50 51 55 60 60 61 62 63 67 71 72 121 178 179 180 181 182 183 183 184 185 189 189 189 189 3 5 7 9 11 11 15

基本資訊 發言人 辦理股票過戶機構 姓名 : 阮慧雯 名稱 : 永豐金證券股份有限公司股務代理部 職稱 : 電話 :886 2 3322 6888 電子郵件 :veronica.juan@kerrytj.com 地址 : 台北市博愛路 17 號 3 樓電話 :886 2 2381 6288 網址 :www.sinopac.com 5,400+ 187 代理發言人 簽證會計師 姓名 : 胡明昌 姓名 : 吳麗冬 徐文亞 職稱 : 企劃處處長 事務所名稱 : 勤業眾信聯合會計師事務所 電話 :886 2 3322 6888 地址 : 台中市台灣大道二段 218 號 27 樓 電子郵件 :corey.hu@kerrytj.com 電話 :886 4 2328 0055 網址 :www.deloitte.com.tw 3,100+ 12/20 總公司 海外有價證券掛牌買賣之交易處所名稱及 地址 : 台北市中正區新生南路一段 50 號 14 樓 查詢該海外有價證券資訊之方式 : 電話 :886 2 3322 6888 無 營業所 : 北區 桃竹區 中彰區及嘉屏區等 公司網址 www.kerrytj.com 51+/11+ 89/11 55 7/7 3 4

10,000,000 7,500,000 1,400,000 1,050,000 819,518 882,936 990,119 1,326,821 1,291,378 94 +4% 14.7 +4% 12.9-3% 5,000,000 700,000 82% 82% 82% 82% 81% 2,500,000 350,000 16% 17% 17% 17% 18% 101 102 103 104 105 103() 101 102 103 104 105 +1% +26% 16.91 3.00 2.75 2.68 2.00 1.72 2.25 1.50 1.69 1.83 2.05 1.50 1.00 1.10 1.40 1.50 1.50 10% 16% 38% 0.75 0.50 101 102 103 104 105 101 102 103 104 105 105106 5 6

1059412.9(EPS)2.68 106GDP GMPGHP KERRY GO 7 8

總部 轉運中心 物流中心 營業站所 馬祖 桃竹區 (11 所 ) 中國大陸 營業站所 物流中心 轉運中心 林口所 南崁所 桃北所 桃園所 觀音所 中壢所 新竹所林口常溫物流中心 林口低溫物流中心蘆竹物流中心北一轉運中心 北區 (14 所 ) 營業站所 羅東所 宜蘭所 基隆所松山所 新店所 三重所士林所 北投所 板橋所中和所 泰山所 樹林所物流中心 新店物流中心 重新物流中心 中彰區 (21 所 ) 金門 營業站所 物流中心 轉運中心 竹南所 苗栗所 豐原所 大甲所 沙鹿所 大屯所 台中所 中東所 大里所 南投所 彰化所 鹿港所 埤頭所 員林所 田中所 雲林所 北港所南屯物流中心 彰化物流中心中一轉運中心 中二轉運中心 澎湖縣 嘉屏區 (20 所 ) 營業站所 民雄所 新營所 麻豆所 台南所 仁德所 岡山所 高雄所 前鎮所 大發所 屏東所 潮州所 花蓮所 台東所 澎湖所 金門所物流中心 嘉義物流中心 歸仁物流中心 岡山物流中心 大發物流中心轉運中心 南二轉運中心 綠島 蘭嶼 9 10

105 2C () () 2016 105 2015 104 KERRY GO ISO 22000:2005 Codex HACCP 2014 103 PIC/S GDP World Health Organization Good Distribution Practices (GDP) PIC/S GDP World Health Organization Good Distribution Practices (GDP) PIC/S GDP World Health Organization Good Distribution Practices (GDP) ISO 27001:2013 2013 102 SGS (Société Générale de Surveillance) SGS Taiwan Ltd. ( )World Health Organization Good Distribution Practices (GDP) (Authorized Economic Operator, AEO) 2012 101 51% ISO 28000:2007ISO 27001:2005 2011 100 () (Carrier) 2010 99 () 2009 98 2008 97 2007 96 2003 92 2002 91 2001 90 AS/RS() 1999 88 1995 84 ISO 9002 1990 79 1960 49 61 1954 43 6 11 12

GDP ISO 22000:2005 HACCP Codex Alimentarius ISO 27001:2013 SGS PIC/s GDP World Health Organization SGS SGS Good Distribution Practices (GDP) GDP GDP GDP ISO 9001:2008 ISO 28000:2007 PIC/s GDO SGS SGS / PIC/s GDP World Health Organization Good PIC/s GDP World Health Organization Good World Health Organization Good Distribution Distribution Practices (GDP) Distribution Practices (GDP) Practices (GDP) 13 14

15 16 97 98 99 100 103 10563 ()CEO 1056 2 ( ) 1052 2016 2016 10541109883 246(3,275 ) 30 2016 1015 2016

董事會 薪資報酬委員會 稽核室 職工福利委員會 董事長 勞工退休準備金監督委員會 管理室 安全衛生室品保室 安全衛生管理委員會 ISO 管理委員會 營運總處 財務暨行政總處 營業處 資訊處企劃處路線事業處物流事業處行銷處 總務處 人力資源處 財務處 轉投資事業 / / 17 18

(3) 106416 () - 105.06.27 96.06.15 27,972,000 5.78% 27,972,000 5.99% 105.06.27 97.11.27 - - - - (3) 105.06.27 97.11.27 - - - - (3)(6) 105.06.27 105.06.27 - - - - (3) 105.06.27 99.06.17 10,000-10,000 - () (3) 106416 () - - - - - - - - - - Completed Dale Carnegie Course Training in San Francisco, USA (3) - - - - () (3)(6) - - - - (3) - - - - (3) (4) 105.06.27 103.08.13 - - - - - 105.06.27 105.06.27 38,118,000 7.88% 38,118,000 8.16% 106.01.02 106.01.02 - - - - 105.06.27 88.06.25 5,589,028 1.16% 5,335,028 1.14% 105.06.27 105.06.27 - - - - 105.06.27 105.06.27 - - - - - 105.06.27 102.06.20 2,000,000 0.41% 2,000,000 0.43% (5) 105.06.27 97.11.27 - - - - 105.06.27 99.06.17 - - - - (3) (4) - - - - () - - - - - - - - - - () 1,202,353 0.26% - - - - - - - - - - - - - - - - (5) - - - - - - - - (1) (4) (2) (5) (6) 105627 (3) 19 20

() 106416 106416 () 100.00% () Kerry Logistics (Taiwan) Investments Limited 66.00% Kerry Logistics (Taiwan) Investments Limited 77.00% Kerry Logistics (Taiwan) Investments Limited Kerry Logistics Limited 100.00% 23.00% 53.79% 39.94% 6.27% 29.89% 11.33% 5.77% 4.83% 99.85% FUTUREVISION 3.11% 99.85% 2.02% 2.01% 100.00% 1.97% 1.91% 1.71% () ()() 21.16% 9.42% 8.50% 6.15% 4.91% 3.29% 2.93% 2.88% 2.29% 1.94% (1) Kerry Logistics (Taiwan) Investments Limited 21 22

(1) i ii iii iv v vi vii viii ix x - - - - v v - v v v v - - 106416 () - - - - 103.09.01 106416 - - - - v v - v v v v - - - - - - v v - v v v v - - 11,000-39 - 103.09.01 - - - - v v - v v v v - - - - - - v v v v v v v - - 3,449 - - - 104.06.01 - - v - v v - v v v v - - - - v v - v v v v v v v - - - v v v v v v v v v v - - - - - 104.06.01 1,921-5,075 103.09.01 - - v v v v v v v v v v - - v v v v v v - v v - - - - - - 106.02.03 - - - - v v - v v v v v - - - - - 101.02.01 (1) v (i) (ii) () (iii) - - - - 106.03.01 (iv) (v) (vi) ()() - - - - 100.07.01 (vii) ()() (viii) (ix) 30 (x) 27 - - - - 105.10.01 23 24

() (3) (3) (A) (B) (C) (D) ABC D (3) (2) 8,943 8,943 - - 12,846 12,846 2,282 2,297 1.86% 1.87% (2) (2) (2) (2)(4) (2)(4) ()() (3) (3) (E) (F) (G) A B C D E G (3) (2) 5,879 5,894 108 108 46-46 - 2.33% 2.33% 2,553 (2) (2) (2) (2)(4) (2)(4) (1) 105 (2) 105627 (3) 105627 (4) 10612 25 26

2,000,000 (A+B+C+D) (A+B+C+D+E+F+G) 2,000,000() ~ 5,000,000() - - - 5,000,000() ~ 10,000,000() 10,000,000() ~ 15,000,000() - - - - 15,000,000() ~ 30,000,000() - - - - 30,000,000() ~ 50,000,000() - - - - 50,000,000() ~ 100,000,000() - - - - 100,000,000 - - - - 15 15 15 15 (A) (B) (C) ABC 2,000,000 (A+B+C) 2,000,000() ~ 5,000,000() - - 5,000,000() ~ 10,000,000() - - 10,000,000() ~ 15,000,000() - - 15,000,000() ~ 30,000,000() - - 30,000,000() ~ 50,000,000() - - 50,000,000() ~ 100,000,000() - - 100,000,000 - - 3 3 D (A) (B) (C) (D) ABCD () 8,580 8,595 684 684 11,385 11,385 138-138 - 1.61% 1.61% - (1) 105 - - 3,212 3,212 330 330 0.27% 0.27% - (1) 105 27 28

E 2,000,000 - - 2,000,000 () ~ 5,000,000 () - - 5,000,000 () ~ 10,000,000 () 10,000,000 () ~ 15,000,000 () - - 105 104 2.61% 2.61% 3.15% 3.16% 1.61% 1.61% 1.45% 1.46% 15,000,000 () ~ 30,000,000 () - - 30,000,000 () ~ 50,000,000 () - - 50,000,000 () ~ 100,000,000 () - - 100,000,000 - - 3 3 () () 106 () () () () - 151 151 0.01% (1) 105 29 30

7(A) ()(B) ()(%)(B/A) (1) 7-100.00% 105.06.27 3 4 43.00% 105.06.27-3 - 105.06.27 1 143 2 10503252062178 3 () 104513 (i) (ii) 104622 105627 3-100.00% 105.06.27 (1) ()(%)() 2 1 67.00% 105.06.27 7-100.00% 105.06.27 1 3 25.00% 105.06.27 4-100.00% 105.06.27 7(A) 3-100.00% 105.06.27 106.01.02 - - - 106.01.02 (B) (%)(B/A) (1) 6 86.00% 5 71.00% 7-100.00% 105.06.27 3-100.00% 105.06.27 3-100.00% 105.06.27 6-86.00% 105.06.27 5-71.00% 105.06.27 1 2 (1) (%) 31 32

() () () 1 2 3 4 () 1 2 3 4 () () () V V V V V V V V V V V (www.kerrytj.com) 1 2 3 4 1 2 105627 3 105627 4 (i) (ii) (iii) 10652106 () () 1 2 ( ) () ( ) V () V V V 1 (www.kerrytj.com) 2 1 2 (i) (ii) 3 4 (i) 1051012 (ii) 10510 11 (iii) 10510 111062 5 () 105 1 106 2 (i) (ii) 105 3 105 4 33 34

(1) i ii iii iv v vi vii viii v - - v v v v v v v v - - - v v v v v v v v v - - - v v v v v v v v v - (1) v (i) (ii) (iii) (vi) (v) (vi) ()() (vii) ()() (viii) 30 () 3 () 1058111086293() () (%)(/) (1) 3-100.00% 105.08.11 () 1 2 3 () 4 () 1 2 V V V V V V 1 2 3 15 4 1 2 98% 5S 3-100.00% 105.08.11 3-100.00% 105.08.11 1. () 2. (1) (%) 3 () 1 2 V V V 3 26 1 2 35 36

() 3 4 5 6 7 8 9 () 1 V V V V V V V V 3 4 5 6 7 8 9 1 2 () () 15 () 1 104ISO 22000:2005 2 104Codex HACCP () 1 2 3 () 1 2 () 3 4 5 () 1 V V V V V V V V V 1 2 3 1 2 3 / 4 5 1 ( ) 37 38

() 2 3 () 1 V V V 2 3 1 2 () () () 1 2 1060320 105 () () () () () 1.2.3.4.5. () () 1051231() () () 10603208 39 40

() 105 105 105.08.11 1 2 105.11.10 1 106 2 106 3 4 105 5 () 1 105.11.10 2 1106.01.10 105.01.22 1 105.03.25 1 2 104 3 104 4 104 5 6 7 105 8 105 105.05.12 1 104 2 3 4 105 105.06.03 1 2 105.06.27 1 104 2 104 3 4 105.06.27 1 2 104 1 105.07.19105.08.17 1.72 2 105.08.03 1 105.07.19105.08.17 1.72 2 105.08.03 106.01.18 1 2 3 4 () 106.02.17 1 106.02 106.03.20 1 105 2 105 3 105 4 5 () 6 106 7 106 8 106.05.02 1 105 2 () 3 4 5 106 1 2 106.06.14 1.5 41 42

(1) 105 331 () () () () (1) 5,882-49 - 240 289 V 105 (2) (1) ()22020 (2) - - - - (2) ( 200,000 ) - - - - - ( 254,000 ) - (2) - - - - - - - - - - - - ( 9,154,000 ) - - - ( 41,398,000 ) - - - () ( 21,642,000 ) - - - 47,273,000 - - - - - - - - - - - - - - - - - - - (1) (2) 105627 43 44

% % (1) () 183,276,410 39.25% - - - - (2) (2) - - - - - - - - 38,118,000 8.16% - - - - (2) (2) - - - - - - - - 27,972,000 5.99% - - - - (2) (2) - - - - - - 18,966,000 4.06% - - - - (3) (3) AXA - - - - - - 9,800,000 2.10% - - - - - - 9,562,000 2.05% - - - - - - 9,471,271 2.03% - - - - (3) (3) - - - - - - 8,598,000 1.84% - - - - (3) (3) - - - - - - - - 5,335,028 1.14% 1,202,353 0.26% - - - - 4,278,000 0.92% - - - - - - 16,425 100% - - 16,425 100% 1,700,000 100% - - 1,700,000 100% 6,231,986 64.29% 3,462,214 35.71% 9,694,200 100% - - 4,752,000 90% 4,752,000 90% 100,000 100% - - 100,000 100% 215,000 100% - - 215,000 100% T-Join (BVI) International Limited 28,185,000 100% - - 28,185,000 100% () 32,594,604 49.03% - - 32,594,604 49.03% (1) (2) 1051231 (1) 106416106 (2) (3) 45 46

(%) / () () () () () () () 467,000,498 232,999,502 700,000,000 (1) 50,001 100,000 66 4,540,559 0.97 100,001 200,000 57 7,720,517 1.65 200,001 400,000 27 7,086,535 1.52 400,001 600,000 16 8,159,952 1.75 83/07 10 320,000,000 3,200,000 269,724,000 2,697,240 (1) 84/06 10 320,000,000 3,200,000 306,136,740 3,061,367 (2) 600,001 800,000 9 6,371,300 1.36 800,001 1,000,000 7 6,230,698 1.33 85/06 10 362,000,000 3,620,000 336,750,414 3,367,504 (3) 1064 16 1,000,001 48 389,689,591 83.45 86/06 10 700,000,000 7,000,000 454,613,058 4,546,130 (4) 87/06 10 700,000,000 7,000,000 500,074,364 5,000,744 (5) 88/09 10 700,000,000 7,000,000 515,076,595 5,150,766 (6) 89/07 10 700,000,000 7,000,000 520,227,361 5,202,274 (7) 90/09 10 700,000,000 7,000,000 522,703,498 5,227,035 (8) 92/12 10 700,000,000 7,000,000 497,703,498 4,977,035 (9) 98/03 10 700,000,000 7,000,000 495,532,498 4,955,325 (10) 98/06 10 700,000,000 7,000,000 483,582,498 4,835,825 (11) 106/04 10 700,000,000 7,000,000 467,000,498 4,670,005 (12) (1) 83373,464,000248,976,00083712(83)()31123 (2) 84364,127,40084626(84)()37459 (3) 85153,068,370153,068,37085625(85)()39458 (4) 861,043,926,280134,700,16086624(86)()48888 (5) 87318,229,140136,383,92087622(87)()54397 (6) 88150,022,3108891(88)()79400 (7) 8951,507,66089711(89)()59755 (8) 9024,761,37090912(90)()157313 (9) 92250,000,0009025(90)()100619 (10) 9821,710,000971223()0970067200 (11) 98119,500,0009851()0980018858 (12) 106165,820,0001061171060001856 1 6 66 27,397 104 27,574 150,000 2,376,065 296,971,723 126,498,659 41,004,051 467,000,498 (%) 0.03 0.51 63.59 27.09 8.78 100.00 1064 16 (%) 1 999 18,628 2,502,206 0.54 1,000 5,000 7,128 14,618,113 3.13 5,001 10,000 909 6,658,219 1.43 10,001 15,000 278 3,376,793 0.72 15,001 20,000 167 2,951,480 0.63 20,001 30,000 138 3,360,109 0.72 30,001 50,000 96 3,734,426 0.80 27,574 467,000,498 100.00 1064 16 (%) 183,276,410 39.25% 38,118,000 8.16% 27,972,000 5.99% 18,966,000 4.06% AXA1 9,800,000 2.10% 9,562,000 2.05% 9,471,271 2.03% 8,598,000 1.84% 5,335,028 1.14% 4,278,000 0.92% 47 48

105 104 / 1063 31 (6) 46.10 41.20 45.05 36.00 32.15 42.70 41.33 37.87 43.95 16.91 17.03 17.34 (1) 15.41 15.31 15.84 481,741 483,582 467,001 2.68 2.75 0.42 2.68 2.74 0.42 () 1.50 1.72 - (1) () - - - - - - (2) - - - (3) 15.42 13.77 - (4) 27.55 22.02 - (5) 3.62% 4.54% - (1) (2) (3) 1 97105 2 10510652 101 1.10 102 1.40 103 1.50 104 1.72 105 1.50 () () 16,057,613 () 104 25,745,794 25,745,794 0 25,745,794 25,745,794 0 105/11/11~106/1/10 38~52 16,582,000 737,410,710 (4) (5) (6) 106 30 % 16,582,000 0 0 (1) 106330 49 50

3 () () GPS 1 () 1 B2B() B2C()C2C() 2 / / 3C 3 () 1 (Handy Terminal) (COD) () Carrier () 1 () 2 3 (Good Distribution Practice, GDP) 4 SGS WHO GDP 5 () CFS 2 (Authorized Economic Operator, AEO) () 1 PIC/S GDP 2 Carrier Transicold 2 51 52

() 1 8,198,80995.2% 4.6% 415,4924.8% 0.9% 10,000,000 7,500,000 5,000,000 2,500,000 8,257,355 4.9% 8,614,301 4.8% 95.1% 95.2% () 4 () 51 () 10 () 5 () 19 () 3 () 55 () 2,600+ () 660+ () 65,000+ () 29,000+ () 12-6 17 () () 2 - - - 1 - - - () - 3 - - () 190+ 120+ 10+ 220+ 105( ) () ( ) 1051,530.4 1041,514.4 1 % () 10594 10490.54% 1545 1530 1% 1515 1500 104 105 94 4% 92 90 88 105 () AGV () () () PIC/S 104 105 104 105 GMP 53 54

55 56 GDP GDP 105 ( )IVR IVR IVR 105 KERRY BOX24 QR Code GPS PIC/S () 105 emarketer 210420% (MIC)106 12515 (O2O)B2BB2C () GDP 106 GHP 105 () GDP 105 7 105 1042% 1044,430 105 105 () B2B B2C () 105 ( AI) () (IoT)

106 () B2B B2C () () () GDP () () 4.0 (IoT) () () () Total Solution () () () () () 57 58

() () GDP () () () 105 104 () () () () () () 3,561 3,054 8,895,873 2,949 2,360 8,587,850 (1) - - 504,789 - - 462,494 3,561 3,054 9,400,662 2,949 2,360 9,047,344 (1) () () 10% 10% () 105 (%) 104 () (%) 9,400,662 100% 9,047,344 100% - - 9,400,662 9,047,344 105 104 106 0331 4,598 4,466 4,608 39 39 38 9.2 7.9 9.1 0.02% 0.02% 0.02% 0.87% 0.90% 0.82% 27.23% 25.53% 27.67% 56.72% 57.05% 56.75% 15.16% 16.50% 14.74% 69,020 LED 59 60

61 62 102/1/21-122/1/20 105/12/01-108/11/30 9471 Off-J-T O-J-T () ()() () ()() ()

- - 105 104 103 () 102 101 106331 105 104 103 () 102 101 106331 2,480,866 2,365,381 2,210,799 2,309,810 2,184,310 2,570,504 9,572,024 9,146,543 8,873,653 8,423,851 8,311,403 9,659,293 85,042 85,042 85,042 18,639 18,614 85,042 760,311 928,783 962,612 1,018,311 838,293 815,191 12,898,243 12,525,749 12,132,106 11,770,611 11,352,620 13,130,030 2,534,091 2,336,471 1,919,877 1,773,772 1,598,538 2,660,145 3,234,592 3,168,233 2,645,251 2,450,788 2,130,479 3,360,646 2,459,206 1,950,218 2,301,063 2,392,725 2,540,071 2,367,506 4,993,297 4,286,689 4,220,940 4,166,497 4,138,609 5,027,651 5,693,798 5,118,451 4,946,314 4,843,513 4,670,550 5,728,152 7,898,435 8,234,661 7,823,149 7,509,149 7,123,609 8,095,478 4,835,825 4,835,825 4,835,825 4,835,825 4,835,825 4,670,005 449,826 449,826 449,826 448,888 448,888 2,308 3,333,175 2,926,058 2,512,948 2,206,911 1,866,751 3,406,145 2,632,674 2,094,296 1,787,574 1,529,895 1,334,810 2,705,644 17,020 22,952 24,550 17,525 ( 27,855 ) 17,020 ( 737,411 ) - - - - - - - 77,735 - - - 6,511 4,399 10,282 94,965 90,402 6,901 7,904,946 8,239,060 7,911,166 7,604,114 7,214,011 8,102,379 7,204,445 7,407,298 7,185,792 6,927,098 6,682,070 7,401,878 (1) 105106331 (2) 105 (3) 103 9,400,662 9,047,344 8,529,737 7,548,614 7,448,376 2,279,089 1,921,453 1,913,253 1,660,210 1,542,853 1,265,730 346,109 () 1,466,850 1,408,880 1,173,627 1,089,333 881,384 242,501 123,484 268,940 34,392 33,147 122,137 8,533 1,590,334 1,677,820 1,208,019 1,122,480 1,003,521 251,034 1,293,140 1,334,321 990,017 902,691 826,847 197,433 - - - - - - () 1,293,140 1,334,321 990,017 902,691 826,847 197,433 () ( 58,416 ) ( 52,718 ) ( 666 ) 22,293 ( 157,590 ) - 1,234,724 1,281,603 989,351 924,984 669,257 197,433 1,291,378 1,326,821 990,119 882,936 819,518 197,043-2,934 ( 5,872 ) - - - 1,762 4,566 5,770 19,755 7,329 390 1,232,947 1,274,269 990,077 917,481 668,031 197,043-2,934 ( 5,872 ) - - - 1,777 4,400 5,146 7,503 1,226 390 2.68 2.75 2.04 1.83 1.69 0.42 (1) (2) (3) 105106 (4) 103 63 64

- - 105 104 103 () 102 101 105 104 103 () 102 101 1,936,127 1,908,468 1,810,981 1,899,782 1,708,235 9,178,902 8,834,889 8,585,489 8,222,171 8,187,486 - - - - - 1,281,578 1,384,846 1,358,742 1,272,472 1,114,840 12,396,607 12,128,203 11,755,212 11,394,425 11,010,561 2,062,846 1,963,852 1,586,653 1,504,469 1,358,219 2,763,347 2,795,614 2,312,027 2,181,485 1,890,160 2,435,326 1,929,690 2,267,675 2,380,807 2,528,733 4,498,172 3,893,542 3,854,328 3,885,276 3,886,952 5,198,673 4,725,304 4,579,702 4,562,292 4,418,893 4,835,825 4,835,825 4,835,825 4,835,825 4,835,825 449,826 449,826 449,826 448,888 448,888 3,333,175 2,926,058 2,512,948 2,206,911 1,866,751 2,632,674 2,094,296 1,787,574 1,529,895 1,334,810 17,020 22,952 24,550 17,525 ( 27,855 ) ( 737,411 ) - - - - - - 77,735 - - 7,898,435 8,234,661 7,900,884 7,509,149 7,123,609 7,197,934 7,402,899 7,175,510 6,832,133 6,591,668 (1) 105 (2) 105 (3) 103 8,614,301 8,257,355 7,817,007 7,215,603 6,509,751 1,740,415 1,722,329 1,511,947 1,427,075 1,162,992 () 1,400,985 1,363,638 1,146,551 1,064,803 893,430 172,662 304,190 42,429 26,929 91,245 1,573,647 1,667,828 1,188,980 1,091,732 984,675 1,291,378 1,329,755 984,247 882,936 819,518 - - - - - () 1,291,378 1,329,755 984,247 882,936 819,518 () ( 58,431 ) ( 52,552 ) ( 42 ) 34,545 ( 151,487 ) 1,232,947 1,277,203 984,205 917,481 668,031 1,291,378 1,326,821 990,119 882,936 819,518-2,934 ( 5,872 ) - - 1,232,947 1,274,269 990,077 912,481 668,031-2,934 ( 5,872 ) - - 2.68 2.75 2.04 1.83 1.69 (1) (2) (3) 105 (4) 103 101 102 103 104 105 65 66

- - 105 104 103 102 101 1 0 6 0331 38.71 34.22 34.79 35.40 36.46 38.29 108.28 111.40 115.08 118.67 117.36 108.39 97.90 101.24 115.15 130.22 136.64 96.63 92.39 97.51 111.98 126.89 132.18 90.35 103.19 173.03 114.18 105.06 61.66 41.09 () 6.13 6.48 6.55 6.00 5.85 6.04 59.54 56.33 55.73 60.83 62.44 60.43 () 3.49 3.95 4.12 3.97 7.61 2.57 () 18.26 15.46 15.62 13.80 14.74 19.45 104.58 92.41 88.59 91.85 47.97 142.02 () 1.00 1.00 0.99 0.90 0.90 0.94 () 0.74 0.73 0.71 0.64 0.66 0.18 () 10.27 10.89 8.36 7.71 7.38 6.23 () 16.02 16.52 12.76 11.92 10.56 9.87 () 30.33 29.13 24.27 22.53 22.53 20.77 32.89 34.70 24.98 23.21 20.75 21.50 () 13.76 14.75 11.61 11.70 11.00 8.66 () 2.68 2.75 2.04 1.83 1.69 0.42 () 32.40 61.13 72.63 83.28 59.85 10.05 () (1) 133.33 - - - - 132.01 () ( 0.07 ) 4.55 4.74 6.39 3.61 1.65 1.35 1.32 1.34 1.34 1.12 1.55 1.01 1.01 1.01 1.01 1.02 1.03 (1) 102 (2) (i) 105 (ii) 104105 (3) 101105106 105 104 103 102 101 36.29 32.10 32.79 34.10 35.30 112.58 115.05 118.44 120.28 117.89 93.86 97.18 114.14 126.28 125.77 91.43 95.81 112.98 125.27 123.07 120.89 213.81 136.11 109.94 93.69 () 6.39 6.56 6.53 6.15 5.78 57.12 55.64 55.90 59.35 63.10 () - - - - - () 18.16 15.01 14.80 15.47 15.59 - - - - - () 0.96 0.95 0.93 0.88 0.80 () 0.70 0.69 0.68 0.63 0.59 () 10.62 11.19 8.57 7.96 7.62 () 16.01 16.48 12.77 11.76 10.70 () 28.97 28.20 23.71 22.02 18.48 32.54 34.49 24.59 22.58 20.36 () 14.99 16.10 12.59 12.24 12.59 () 2.68 2.75 2.04 1.83 1.69 () 36.83 68.02 86.37 85.66 72.06 () (1) 130.57 - - - - () ( 0.46 ) 4.04 4.65 5.20 3.82 1.33 1.30 1.31 1.32 1.34 1.01 1.01 1.01 1.01 1.01 (1) 102 (2) (i) 105 (ii) 104105 (3) 101105 67 68

(4) A (i) / (ii) ()/ B (i) / (ii) ()/ (iii) / C (i) () /() (ii) 365/ (iii) / (iv) () /() (v) 365/ (vi) / (vii) / D (i) [(1)]/ (ii) / (iii) / (iv) ()/ E (i) / (ii) /( ) (iii) ()/( ) F (i) ()/ (ii) /() 69 70

105 105 105 219 106 1051041231105104111231 () () 10510412311051041 11231 105 105 () 1 10512311,439,841( 12%) (1) 1 0 6 5 2 (2) 71 72

2 1058,193,351 (/) (1) (2) (3) ()104 104 1231()112,5250.93%104 661(0.05%) () 1 2 3 4 5 () 6 () () 105 0920123784 0920123784 1 0 6 3 2 0 73 74

() 1051041231 1051041231 1051231 1041231 1051231 1041231 % 1100 () $ 356,022 3 $ 538,940 4 1150 () 477,936 4 378,042 3 1170 () 984,429 8 903,200 8 1200 () 60,491 1 56,501 1 1410 () 50,081-26,833-1479 7,168-4,952-11XX 1,936,127 16 1,908,468 16 % 2100 () $ 700,000 6 $ 400,000 3 2150 609-772 - 2170 () 345,635 3 410,028 3 2200 () 776,694 6 940,244 8 2230 () 64,528-146,076 1 2399 175,380 1 66,732 1 21XX 2,062,846 16 1,963,852 16 1543 () 166,645 1 168,828 1 1550 () 611,185 5 597,548 5 1600 () 9,178,902 74 8,834,889 73 1840 () 114,682 1 203,829 2 1985 () 149,383 1 163,226 1 1990 () 239,683 2 251,415 2 15XX 10,460,480 84 10,219,735 84 2540 () 1,228,800 10 180,000 2 2570 () 605,826 5 614,411 5 2640 () 592,808 5 1,121,390 9 2645 7,640-3,016-2650 () - - 10,621-2670 252-252 - 25XX 2,435,326 20 1,929,690 16 1XXX $ 12,396,607 100 $ 12,128,203 100 2XXX 4,498,172 36 3,893,542 32 75 76

() () 1051041231 1051041231 1051231 1041231 1051231 1041231 % 3110 $ 4,835,825 39 $ 4,835,825 40 % 3400 $ 17,020 - $ 22,952-3500 ( 737,411 ) ( 6 ) - - 3XXX 7,898,435 64 8,234,661 68 3220 447,518 4 447,518 4 3230 938-938 - $ 12,396,607 100 $ 12,128,203 100 3260 1,370-1,370-3200 449,826 4 449,826 4 (106320) 3310 604,947 5 472,265 4 3320 341,558 3 346,398 3 3350 2,386,670 19 2,107,395 17 3300 3,333,175 27 2,926,058 24 / 77 78

() 105104111231 105104111231 105 104 105 104 % 4100 () $ 8,581,221 100 $ 8,231,482 100 4800 33,080-25,873-4000 8,614,301 100 8,257,355 100 () 5110 6,873,886 80 6,535,026 79 5900 1,740,415 20 1,722,329 21 6200 () 339,430 4 358,691 5 6900 1,400,985 16 1,363,638 16 7010 () 50,699 1 46,296 1 7020 () 105,032 1 249,628 3 7050 () ( 13,126 ) - ( 7,837 ) - 7070 () 30,057-16,103-7000 172,662 2 304,190 4 7900 1,573,647 18 1,667,828 20 7950 () 282,269 3 338,073 4 8200 $ 1,291,378 15 $ 1,329,755 16 % () 8310 8311 () ( $ 63,411 ) ( 1 ) ( $ 60,615 ) ( 1) 8330 133 - ( 644 ) - 8349 () 10,779-10,305 - ( 52,499 ) ( 1 ) ( 50,954 ) ( 1) 8360 8370 ( 5,932 ) - ( 1,598 ) - () 8300 ( 58,431 ) ( 1 ) ( 52,552 ) ( 1 ) 8500 $ 1,232,947 14 $ 1,277,203 15 8610 $ 1,291,378 15 $ 1,326,821 16 8615 () - - 2,934-8600 $ 1,291,378 15 $ 1,329,755 16 8710 $ 1,232,947 14 $ 1,274,269 15 8715 () - - 2,934-8700 $ 1,232,947 14 $ 1,277,203 15 () 9710 $ 2.68 $ 2.75 9810 $ 2.68 $ 2.74 (106320) / 79 80

() 105104111231 105104111231 () () () () () () A1 10411 $ 4,835,825 $ 449,826 $ 373,253 $ 346,398 $ 1,793,297 $ 2,512,948 103 B1 - - 99,012 - ( 99,012 ) - B5 - - - - ( 725,374 ) ( 725,374 ) D1 104 - - - - 1,326,821 1,326,821 D3 104 - - - - ( 50,954 ) ( 50,954 ) D5 104 - - - - 1,275,867 1,275,867 H3 - - - - ( 137,383 ) ( 137,383 ) Z1 1041231 4,835,825 449,826 472,265 346,398 2,107,395 2,926,058 A1 10411 $ 24,550 $ - $ 77,735 $ 7,900,884 103 B1 - - - - B5 - - - ( 725,374 ) D1 104 - - 2,934 1,329,755 D3 104 ( 1,598 ) - - ( 52,552 ) D5 104 ( 1,598 ) - 2,934 1,277,203 H3 - - ( 80,669 ) ( 218,052 ) Z1 1041231 22,952 - - 8,234,661 B3 1010012865 - - - ( 4,840 ) 4,840 - B3 1010012865 - - - - 104 104 B1 - - 132,682 - ( 132,682 ) - B5 - - - - ( 831,762 ) ( 831,762 ) D1 105 - - - - 1,291,378 1,291,378 D3 105 - - - - ( 52,499 ) ( 52,499 ) D5 105 - - - - 1,238,879 1,238,879 L1 - - - - - - Z1 1051231 $ 4,835,825 $ 449,826 $ 604,947 $ 341,558 $ 2,386,670 $ 3,333,175 B1 - - - - B5 - - - ( 831,762 ) D1 105 - - - 1,291,378 D3 105 ( 5,932 ) - - ( 58,431 ) D5 105 ( 5,932 ) - - 1,232,947 L1 - ( 737,411 ) - ( 737,411 ) Z1 1051231 $ 17,020 ( $ 737,411 ) $ - $ 7,898,435 (106320) / 81 82

() 105104111231 105104111231 105 104 A10000 $ 1,573,647 $ 1,667,828 A20100 395,283 339,292 A20200 64,384 63,947 A20300 2,003 1,616 A20900 13,126 7,837 A21200 ( 1,625 ) ( 1,754) A21300 ( 13,374 ) ( 13,060) A22300 ( 30,057 ) ( 16,103) A22500 ( 106,735 ) ( 249,683) A22600 557 623 A23100 205 - A29900 13,843 11,992 105 104 A31130 ( $ 99,894 ) ( $ 2,534) A31150 ( 83,232 ) ( 56,397) A31180 ( 1,982 ) 11,276 A31230 ( 23,248 ) ( 8,480) A31240 ( 2,216 ) 219 A31990 ( 100 ) - A32130 ( 163 ) ( 103) A32150 ( 64,393 ) ( 100,737) A32180 ( 109,540 ) 45,758 A32230 108,648 21,311 A32240 ( 591,994 ) ( 88,437 ) A33000 1,043,143 1,634,411 A33200 1,617 1,753 A33300 ( 12,637 ) ( 7,708 ) A33500 ( 272,475 ) ( 292,717 ) A30000 / AAAA 759,648 1,335,739 83 84

() () 105104111231 105104111231 105 104 B01300 $ 1,978 $ - B01800 - ( 264,000 ) B02700 ( 439,128 ) ( 183,059 ) B02800 153,711 420,322 B03800 ( 4,919 ) ( 3,644 ) B05900 () ( 2,000 ) 2,000 B06700 ( 16,178 ) ( 11,862 ) B07100 ( 247,655 ) ( 566,426 ) B07300 ( 186,000 ) - B07600 13,374 13,060 BBBB ( 726,817 ) ( 593,609 ) 105 104 C00100 $ 3,130,000 $ 2,460,000 C00200 ( 2,830,000 ) ( 2,140,000) C01600 2,318,800 1,860,000 C01700 ( 1,270,000 ) ( 1,820,000 ) C03100 () 4,624 ( 6,100 ) C04000 () - ( 325,471 ) C04500 ( 831,762 ) ( 725,374 ) C04900 ( 737,411 ) - CCCC ( 215,749 ) ( 696,945 ) EEEE () ( 182,918 ) 45,185 E00100 538,940 493,755 E00200 $ 356,022 $ 538,940 (106320) / 85 86

105104111231 () IASB (1) 2010-2012 201471 (2) 2011-2013 201471 2012-2014 201611 (3) 106 IFRSs 106IFRSs IASB (1) IAS 40 IFRIC 22 201811 201811 ()496 7912 106320 () ()106 (IFRS)(IAS)(IFRIC) (SIC) 1050050021 1050026834106 (IASB)106 IFRSIASIFRICSIC(IFRSs) IFRS 10IFRS 12IAS 28 IFRS 11 IFRS 14 IAS 1 IAS 16IAS 38 IAS 16IAS 41 IAS 19 IAS 27 IAS 36 IAS 39 IFRIC 21 201611 201611 201611 201611 201611 201611 201471 201611 201411 201411 201411 (1) () IASBIFRSs IASB IFRSsIFRS 9IFRS 15107 IASB (1) 2014-2016 IFRS 2 IFRS 4IFRS 4 IFRS 9 IFRS 9 IFRS 9IFRS 7 IFRS 10IAS 28 IFRS 15 IFRS 15IFRS 15 (2) 201811 201811 201811 201811 201811 201811 (1) (2) IFRS 12201711IAS 28 201811 IFRS 16 IFRS 16IAS 17 IFRS 16 IAS 17 IFRS 16 (2) 201471IFRS 2 201471IFRS 3 IFRS 16 201911 IFRS 13201471 (3) IFRS 5201611 201611 IAS 7 IAS 12 201711 201711 87 88

() () 13 1. 1 () 2. 21 ()() 3. 3 () 1. 2. 12( ) 3. 12 () () () () 1. 2. 12 ( ) ( ) 3. (12 ) 89 90

91 92 ( ) () () () () () 1. (1) A. B. ( ) (2)

() 1. 1. 2. () 1. (3) (1) (2) (3) 2. 3. 2. ( )( )() ( ) () () 2. (1) () (2) ( ) () () 1. 10% 93 94

2. 1051231 1041231 $ 990,260 $ 907,831 ( 5,831 ) ( 4,631 ) $ 984,429 $ 903,200 105 104 $ 5,831 $ 5,831 2,003 1,616 ( 2,003 ) ( 1,616 ) $ 5,831 $ 5,831 1051231 1041231 $ 71,081 $ 7,677 284,941 531,263 $ 356,022 $ 538,940 (%) 0.01-0.08 0.01-0.13 $ 60,043 $ 52,856 448 3,645 $ 60,491 $ 56,501 60120 1051231 1041231 1051231 1041231 () () () ( ) () () $ 89,923 $ 89,923 32,540 32,540 25,993 25,993 10,911 13,094 7,000 7,000 278 278 3. 1051231 1041231 $ 477,936 $ 379,242 - ( 1,200 ) $ 477,936 $ 378,042 60 $ 973,999 $ 898,449 61120 12,483 7,696 121 3,778 1,686 $ 990,260 $ 907,831 () () - - - - $ 166,645 $ 168,828 95 96

() () () ( ) ( ) T-Join(BVI) International Limited(T-Join (BVI) ) ( ) 1051231 () 1041231 () $ 246,006 100 $ 210,408 100 142,591 100 118,360 100 76,884 100 100,634 100 64,141 64 54,232 64 6,537 100 - - 2,666 100 1,389 100 538,825 485,023 1051231 () 1041231 () T-Join (BVI) $ - - $ 10,621 100 () 1045 (101)301 101848% 104 2,934104 0.01 105 105 $ 5,025,858 $ - ( $ 39,239 ) $ 383,313 $ 5,369,932 3,774,261 19,288 ( 23,581 ) 73,444 3,843,412 335,612 6,487 ( 2,538 ) 37,178 376,739 3,510,580 21,609 ( 21,013 ) 189,985 3,701,161 740,038 13,773 ( 112 ) 13,058 766,757 379,505 20,304 ( 9,257 ) 15,213 405,765 28,019 303,168 - ( 310,548 ) 20,639 13,793,873 $ 384,629 ( $ 95,740 ) $ 401,643 14,484,405 1,918,745 $ 117,598 ( $ 17,302 ) $ - 2,019,041 144,305 27,478 ( 2,535 ) - 169,248 2,122,932 158,044 ( 19,656 ) - 2,261,320 502,978 44,862 ( 112 ) - 547,728 270,024 47,301 ( 9,159 ) - 308,166 4,958,984 $ 395,283 ( $ 48,764 ) $ - 5,305,503 $ 8,834,889 $ 9,178,902 () ( ) () 72,360 49 112,525 49-22 - 22 72,360 112,525 $ 611,185 $ 597,548 97 98

104 1051231 1041231 $ 4,722,673 $ 314 ( $ 152,481 ) $ 455,352 $ 5,025,858 2545 () $ 14,059 $ 8,679 3,672,736 23,941 ( 33,683 ) 111,267 3,774,261 315 149,383 163,226 253,507 3,158 ( 12 ) 78,959 335,612 3,177,867 15,045 ( 104,153 ) 421,821 3,510,580 416,372 - - ( 416,372 ) - 654,013 11,621 ( 9,100 ) 83,504 740,038 359,391 21,482 ( 7,638 ) 6,270 379,505 85,050 188,674 - ( 245,705 ) 28,019 13,341,609 $ 264,235 ( $ 307,067 ) $ 495,096 13,793,873 1,815,676 $ 111,890 ( $ 18,314 ) $ 9,493 1,918,745 135,693 18,117 ( 12 ) ( 9,493 ) 144,305 2,104,740 119,556 ( 101,364 ) - 2,122,932 465,512 46,566 ( 9,100 ) - 502,978 234,499 43,163 ( 7,638 ) - 270,024 4,756,120 $ 339,292 ( $ 136,428 ) $ - 4,958,984 $ 8,585,489 $ 8,834,889 315 315 320 37 1056 105104 105 104 $ 147,889 $ 411,540 ( 45,518 ) ( 165,945 ) $ 102,371 $ 245,595 1051041231 $ 163,442 $ 171,905 102910212 14 1021 20 99810 1051231 1041231 $ 101,842 $ 146,565 65,515 37,543 () () 65,198 60,279 7,128 7,028 $ 239,683 $ 251,415 99 100

() 1051231 1041231 $ 200,000 $ 200,000 500,000 200,000 $ 700,000 $ 400,000 (%) 1.12 1.13 (%) 1.05-1.13 1.135-1.17 6568 6 20 60% 10,513( ) 1043 ()416,372 () () 6% 6 10% ( 2,424 ) - ( 2,424 ) 65,898-65,898 ( 2,816 ) ( 43 ) ( 2,859 ) 60,658 ( 43 ) 60,615 - ( 132,208 ) ( 132,208 ) () 1051231 1041231 $ 312,800 $ - 916,000 180,000 $ 1,228,800 $ 180,000 (%) 1.16 - (%) 1.11-1.16 1.13 2 963 23,520 17,5285.1% 1171 1 234 84,210332,1623 366,23834,076 1051231 1041231 $ 398,097 $ 460,373 58,055 112,554 55,772 54,377 49,920 46,143 35,921 33,945 32,116 51,492 27,734 25,234 () 20,629 61,474 98,450 94,652 $ 776,694 $ 940,244 3 1051231 1041231 $ 1,083,669 $ 1,139,555 ( 490,861 ) ( 18,165 ) $ 592,808 $ 1,121,390 10411 $ 1,171,981 ( $ 22,769 ) $ 1,149,212 17,914-17,914 26,369 ( 512 ) 25,857 () 44,283 ( 512 ) 43,771 ( 137,367 ) 137,367-1041231 () ( 137,367 ) 5,159 ( 132,208 ) 1,139,555 ( 18,165 ) 1,121,390 15,614-15,614 19,942 ( 318 ) 19,624 35,556 ( 318 ) 35,238 2,789-2,789 ( 5,599 ) - ( 5,599 ) 66,043 178 66,221 63,233 178 63,411 101 102

() 10 - ( 627,231 ) ( 627,231 ) ( 154,675 ) 154,675 - ( 154,675 ) ( 472,556 ) ( 627,231 ) 1051231 1041231 0.5% ( $ 53,362 ) ( $ 65,656 ) 0.5% $ 58,704 $ 72,263 () ( ) 1051046 104103 () 104 103 104 103 1051231 $ 1,083,669 ( $ 490,861 ) $ 592,808 1. () 2 2. 3. 1051231 1041231 1.8% 1.75% 1% 1% () 0.5% $ 58,885 $ 72,450 0.5% ( $ 54,020 ) ( $ 66,434 ) 1051231 1041231 1 $ 142,463 $ 132,208 1051231 10 12 1041231 () 700,000 700,000 $ 7,000,000 $ 7,000,000 () 483,582 483,582 () 1045 105627 10% 25% 1010012865 1010047490(IFRSs) () () $ 132,682 $ 99,012 831,762 725,374 $ 1.72 $ 1.5 $ 964,444 $ 824,386 1010012865 1051231 1041231 $ 341,558 $ 346,398 105 4,840 105 104 $ 22,952 $ 24,550 ( 5,932 ) ( 1,598 ) $ 4,835,825 $ 4,835,825 $ 17,020 $ 22,952 103 104

() () () 105 () () () () - 16,582-16,582 1051110 105111110611016,925 3852 6 1051231 16,582106118 1061184,670,005 () () 105 104 $ 106,735 $ 249,683 ( 205 ) - ( 1,498 ) ( 55 ) $ 105,032 $ 249,628 105 104 $ 13,126 $ 6,403-1,434 $ 13,126 $ 7,837 105 104 $ 395,283 $ 339,292 1. 105104 105 104 $ 2,698,708 $ 2,679,471 141,592 129,317 35,238 43,771 323,361 295,021 109,257 102,089 $ 3,308,156 $ 3,249,669 $ 3,165,803 $ 3,083,045 142,353 166,624 $ 3,308,156 $ 3,249,669 1051041231 4,6054,471 10451056 104104 106105 2. 103 104622103 103 $ 17,822 17,822 1046 103 () 105 104 $ 366,186 $ 312,785 29,097 26,507 $ 395,283 $ 339,292 1%3% 105104 10631053 105 104 104 $ 13,374 $ 13,060 1,625 1,754 35,700 31,482 $ 50,699 $ 46,296 $ 47,115 $ 47,429 17,269 16,518 $ 64,384 $ 63,947 1% 1.5% 1% 1.5% $ 16,058 $ 25,746 16,058 25,746 105 106

() () 105 104 $ 145,108 $ 223,237 31,142 16,573 15,369 84,018 ( 691 ) ( 1,071 ) 190,928 322,757 91,341 15,316 $ 282,269 $ 338,073 105 104 $ 267,520 $ 283,530 ( 22,486 ) ( 44,977 ) ( 99,926 ) ( 15,316 ) 31,142 16,573 176,250 239,810 91,341 15,316 15,369 84,018 ( 691 ) ( 1,071 ) 105 $ 190,637 ( $ 100,639 ) $ 10,779 $ 100,777 8,460 - - 8,460 4,290 425-4,715 442 288-730 $ 203,829 ( $ 99,926 ) $ 10,779 $ 114,682 $ 614,411 ( $ 8,585 ) $ - $ 605,826 $ 282,269 $ 338,073 104 17% 106105 10% $ 195,366 ( $ 15,034 ) $ 10,305 $ 190,637 8,460 - - 8,460 3,865 425-4,290 1,149 ( 707 ) - 442 $ 208,840 ( $ 15,316 ) $ 10,305 $ 203,829 $ 614,411 $ - $ - $ 614,411 107 108

() 1051231 1041231 87 $ 2,386,670 $ 2,107,395 786,202 769,344 105() 86 104() 26.92% 25.76 104 $ 1,326,821 2,934 () () () 1,329,755 483,582 $ 2.75 120 55 1051041231 63,99959,093 1051231 1041231 1 $ 286,514 $ 269,718 () () 1051231 1041231 (1) $ 1,951,204 $ 1,943,990 166,645 168,828 () 103 105 () () () $ 1,291,378 481,741 $ 2.68-512 $ 1,291,378 482,253 $ 2.68-924 $ 1,329,755 484,506 $ 2.74 () 104 529 100 $ 228,000 105 15 822,885 656,468 5 795,117 668,513 $ 1,904,516 $ 1,594,699 ()( ) () (2) 3,059,378 1,934,060 (1) (2) ( ) 1. (i) 109 110

(ii) 1051231 1041231 $ 700,000 $ 400,000 ( ) 253,282 392,313 1,228,800 180,000 2. 3. 1051041231 1051231 1041231 $ 1,000,605 $ 1,862,123 (i) 1 1051231 1 13 31 15 5 $ 153,395 $ 189,279 $ 3,570 $ - $ - - - - 1,228,800 - - - 700,000 - - 1041231 $ 153,395 $ 189,279 $ 703,570 $ 1,228,800 $ - $ 280,963 $ 70,902 $ 7,139 $ - $ - - - - 180,000 - - - 400,000 - - $ 280,963 $ 70,902 $ 407,139 $ 180,000 $ - (i) (ii) /1 105104105104 /9821 (ii) () () () 105 104 $ 41,662 $ 41,831 $ 1,357,067 $ 1,145,368 $ 24,235 $ 17,193 1051231 1041231 $ 2,611 $ 5,582 1051231 1041231 $ 195,678 $ 170,817 111 112

() () () () 3. ( 1051231 1041231 $ 50,000 $ 48,000 105 104 (%) 1.14 1.13 $ 644 $ 613 1051231 1041231 $ 49 $ 45 180 105 $ 1,978 ( $ 205 ) 105125 () 105 104 $ 5,621 $ 4,263 $ 3,780 $ 1,615 105 104 $ 37,396 $ 44,885 739 607 $ 38,135 $ 45,492 ) 4. 3 20% 5. 320% 6. 320% 7. 1 20% 8. 120% 9. 10. () 1051231 1041231 $ 9,994 $ 4,811 () 103,845 $ 110,124 () 1. 2. ( ) 1051231 1041231 $ 15,704 $ 9,674 () 1051231 1041231 $ 2,517,754 $ 2,295,110 7,128 7,028 $ 2,524,882 $ 2,302,138 (i) (ii) (iii) (iv) 105 104 () () (v) $ 99,817 $ 102,590 1. 2. (vi) 113 114

105111231 105111231 (1) (1) (1) (2) (2) 0 $ 80,000 $ 30,000 $ 20,000 1.14% $ - $ - - $ - $ 394,921 $ 1,579,687 0 (i)(iii) $ 1,579,687 $ 290,000 $ 250,000 $ 165,000 3.17% $ 3,949,218 Y N N 1 T-Join (BVI) 60,000 30,000 30,000 1.14% 80,625 ( 2,500 ) - - - - - - - 394,921 1,579,687 - - - - - 363,586 ( 11,274 ) 454,467 ( 14,092) (i)(ii) 1,579,687 160,000 110,000 110,000 1.39% 3,949,218 Y N N (i)(ii) 1,579,687 60,000 60,000 60,000 0.76% 3,949,218 Y N N (i)(ii) 1,579,687 60,000 60,000 60,000 0.76% 3,949,218 Y N N (1) 20% 5%100%10% 40%1050% (1) (i) (ii) 50% (iii) 50% (2) (i) 50% (ii) 30%10% (iii) 20% (iv) 115 116

320% 1051231 105111231 () 9,161 $ 89,923 8 $ 94,971 3,543 32,540 15 69,573 105 68 $ 370,000 - - - $ - 376,519-2,700 25,993 9 33,642 900 10,911 9 12,213 700 7,000 7 14,748 120% 105111231 49 278 1 626 2,500-4 - 6,632-8 - () () () () () () () $ 1,015,875 93 30-60 $ - - ( $ 99,787 ) ( 35 ) 536 5,263-5,557 251,029 23 30-60 - - ( 64,903 ) ( 19 ) 100 708-790 ( 1,015,875 ) ( 87 ) 30-60 - - 99,787 79 1,000 10,000 1 9,521 ( 350,846 ) ( 72 ) 30-60 - - 64,903 74 117 118

105111231 105111231 () () $ 148,350 $ 148,350 16 100 $ 247,006 $ 35,598 $ 35,598 111,131 111,131 1,700 100 142,591 23,447 24,098 228,000 228,000 215 100 76,884 ( 19,409 ) ( 23,750 ) T-Join (BVI) 45,000 45,000 6,232 64 64,141 21,104 9,909 933,405 933,405 28,185 100 6,537 16,946 16,946 ( ) (4) ( ) (4) $ 156,090 (4,840) 64,500 (2,000) 64,500 (2,000) (1) () (2) (ii) $ 139,891 $ - $ - $ 139,891 $ 5,719 49% $ 2,802 $ 97,567 $ - (ii) 66,727 - - 66,727 1,445 49% 708 12,516 - (ii) 66,727 - - 66,727 ( 29,663 ) 49% ( 14,535 ) 17,120 - (2) 1,000 1,000 100 100 2,666 1,277 1,277 125,953 125,953 32,595 49 72,360 ( 69,388 ) ( 34,021 ) 10,000 10,000 1,000 22 - - - ( ) (4) (5) 67,725 (2,100) 225,750 (7,000) (ii) 71,013 - - 71,013 ( 45,722 ) 49% ( 22,404 ) 10,858 - (ii) 223,014 - - 223,014-98% - - - 32,532 32,532 4,752 90 72,269 20,970 18,873 (6) 9,675 (300) (i) 8,271 - - 8,271-100% - - - 25,000 25,000 3,462 36 20,529 21,104 5,611 (3) 10,320 10,320 1,100 24 - - - $ 689,763 ( 21,388 ) $ 785,900 ( 24,369 ) $ 4,739,061 (1) (i)(ii)(iii) (2) (3) (4) T-Join (BVI)10212,64056,53462,1701051231 (5) 10613 (6) 101278 119 120

105 105 105(105111231) 10 ()105104123110510411 1231() () 1051041231105104111231 105 105 1. 10512311,808,017( 14%) (1) 1 0 6 3 2 0 (2) 121 122

2. 1058,895,873 (/) (1) (2) (3) ()104 104 1231()112,5250.90%104 661(0.05%) 105104 1. 2. 3. 4. 5. () 6. () () 105 () 0920123784 0920123784 1 0 6 3 2 0 123 124

() 1051041231 1051041231 1051231 1041231 1051231 1041231 1100 () $ 687,764 5 $ 835,307 7 1150 () 505,255 4 408,983 3 1170 () 1,121,697 9 1,017,846 8 1200 () 3,764-6,689-1310 () 46,554-39,489-1410 () 93,140 1 47,500 1 1479 22,692-9,567-11XX 2,480,866 19 2,365,381 19 2100 () $ 859,000 7 $ 457,000 4 2150 1,134-964 - 2170 375,381 3 441,747 4 2200 () 971,758 7 1,175,404 9 2230 () 78,044 1 146,462 1 2320 () 6,380-6,380-2399 242,394 2 108,514 1 21XX 2,534,091 20 2,336,471 19 1543 () 182,616 1 184,799 1 1550 () 72,360 1 112,525 1 1600 () 9,572,024 74 9,146,543 73 1805 () 85,042 1 85,042 1 1840 () 116,077 1 204,666 2 1985 () 149,383 1 163,226 1 1990 () 239,875 2 263,567 2 15XX 10,417,377 81 10,160,368 81 2540 () 1,239,818 9 197,397 1 2570 () 605,826 5 614,411 5 2640 () 597,535 5 1,126,392 9 2645 15,775-11,766-2670 252-252 - 25XX 2,459,206 19 1,950,218 15 1XXX $12,898,243 100 $ 12,525,749 100 2XXX 4,993,297 39 4,286,689 34 125 126

() 1051041231 105104111231 1051231 1041231 105 104 3110 $ 4,835,825 38 $ 4,835,825 39 3220 447,518 3 447,518 4 3230 938-938 - 3260 1,370-1,370-3200 449,826 3 449,826 4 3310 604,947 5 472,265 4 3320 341,558 3 346,398 2 3350 2,386,670 18 2,107,395 17 3300 3,333,175 26 2,926,058 23 3400 17,020-22,952-3500 ( 737,411 ) ( 6 ) - - 31XX 7,898,435 61 8,234,661 66 36XX 6,511-4,399-3XXX 7,904,946 61 8,239,060 66 $ 12,898,243 100 $ 12,525,749 100 4100 () $ 9,388,533 100 $ 9,023,476 100 4800 12,129-23,868-4000 9,400,662 100 9,047,344 100 () 5110 7,479,209 79 7,134,091 79 5900 1,921,453 21 1,913,253 21 6200 () 454,603 5 504,373 5 6900 1,466,850 16 1,408,880 16 7010 () 74,495 1 30,102-7020 () 98,573 1 249,252 3 7050 () ( 15,563 ) - ( 9,753 ) - 7060 () ( 34,021 ) ( 1 ) ( 661 ) - 7000 123,484 1 268,940 3 (106320) / 127 128

() () 105104111231 105104111231 105 104 105 104 7900 $ 1,590,334 17 $ 1,677,820 19 7950 () 297,194 3 343,499 4 8200 1,293,140 14 1,334,321 15 () 8311 () ( 63,233 ) ( 1 ) ( 61,590 ) ( 1 ) 8349 () 10,749-10,470-8310 ( 52,484 ) ( 1 ) ( 51,120 ) ( 1 ) 8360 8610 $ 1,291,378 14 $ 1,326,821 15 8615 () - - 2,934-8620 1,762-4,566-8600 $ 1,293,140 14 $ 1,334,321 15 8710 $ 1,232,947 13 $ 1,274,269 14 8715 () - - 2,934-8720 1,777-4,400-8700 $ 1,234,724 13 $ 1,281,603 14 8370 ( 5,932 ) - ( 1,598 ) - 8300 ( 58,416 ) ( 1 ) ( 52,718 ) ( 1 ) () 9710 $ 2.68 $ 2.75 8500 $ 1,234,724 13 $ 1,281,603 14 9810 $ 2.68 $ 2.74 (106320) / 129 130

() 105104111231 () () () A1 10411 $ 4,835,825 $ 449,826 $ 373,253 $ 346,398 $ 1,793,297 $ 2,512,948 103 B1 - - 99,012 - ( 99,012 ) - B5 - - - - ( 725,374 ) ( 725,374 ) D1 104 - - - - 1,326,821 1,326,821 D3 104 - - - - ( 50,954 ) ( 50,954 ) D5 104 - - - - 1,275,867 1,275,867 O1 - - - - - - H3 - - - - ( 137,383 ) ( 137,383 ) Z1 1041231 4,835,825 449,826 472,265 346,398 2,107,395 2,926,058 B3 1010012865 - - - ( 4,840 ) 4,840-104 B1 - - 132,682 - ( 132,682 ) - B5 - - - - ( 831,762 ) ( 831,762 ) D1 105 - - - - 1,291,378 1,291,378 D3 105 - - - - ( 52,499 ) ( 52,499 ) D5 105 - - - - 1,238,879 1,238,879 L1 - - - - - - O1 - - - - - - Z1 1051231 $ 4,835,825 $ 449,826 $ 604,947 $ 341,558 $ 2,386,670 $ 3,333,175 105104111231 () () () () ( ) A1 10411 $ 24,550 $ - $ 7,823,149 $ 77,735 $ 10,282 $ 7,911,166 103 B1 - - - - - - B5 - - ( 725,374 ) - - ( 725,374 ) D1 104 - - 1,326,821 2,934 4,566 1,334,321 D3 104 ( 1,598 ) - ( 52,552 ) - ( 166 ) ( 52,718 ) D5 104 ( 1,598 ) - 1,274,269 2,934 4,400 1,281,603 O1 - - - - ( 335 ) ( 335 ) H3 - - ( 137,383 ) ( 80,669 ) ( 9,948 ) ( 228,000 ) Z1 1041231 22,952-8,234,661-4,399 8,239,060 B3 1010012865 - - - - - - 104 B1 - - - - - - B5 - - ( 831,762 ) - - ( 831,762 ) D1 105 - - 1,291,378-1,762 1,293,140 D3 105 ( 5,932 ) - ( 58,431 ) - 15 ( 58,416 ) D5 105 ( 5,932 ) - 1,232,947-1,777 1,234,724 L1 - ( 737,411 ) ( 737,411 ) - - ( 737,411 ) O1 - - - - 335 335 Z1 1051231 $ 17,020 ( $ 737,411 ) $ 7,898,435 $ - $ 6,511 $ 7,904,946 (106320) / 131 132

() 105104111231 105104111231 105 104 A10000 $ 1,590,334 $ 1,677,820 A20100 448,188 386,226 A20200 67,440 65,884 A20300 2,183 1,616 A20900 15,563 9,753 A21200 ( 1,248 ) ( 1,466 ) 105 104 A31180 $ 1,433 $ 11,743 A31200 ( 7,065 ) ( 2,820 ) A31230 ( 45,640 ) ( 23,308 ) A31240 ( 13,125 ) 592 A31990 260 ( 1 ) A32130 170 85 A32150 ( 66,366 ) ( 37,829 ) A21300 ( 13,449 ) ( 13,114 ) A22300 34,021 661 A22500 ( 101,327 ) ( 250,236 ) A22600 557 623 A23100 205 - A29900 13,843 11,992 A30000 A31130 ( 96,272 ) 993 A32180 ( 156,321 ) 66,479 A32230 134,215 2,374 A32240 ( 592,091 ) ( 88,547 ) A33000 1,109,474 1,743,977 A33100 1,240 1,466 A33300 ( 15,074 ) ( 11,187 ) A33500 ( 274,859 ) ( 305,981 ) A31150 ( 106,034 ) ( 75,543 ) AAAA 820,781 1,428,275 133 134

() () 105104111231 105104111231 105 104 B01200 $ - ( $ 5,000 ) B01300 1,978 - B02200 - ( 110,124 ) B02700 ( 570,887 ) ( 229,145 ) B02800 151,773 421,470 B03700 ( 4,854 ) ( 4,905 ) B06600-500 B06700 ( 20,301 ) ( 15,996 ) B07100 ( 235,119 ) ( 578,557 ) B07300 ( 186,000 ) - B07600 13,449 13,114 BBBB ( 849,961 ) ( 508,643 ) 105 104 C00100 $ 3,508,000 $ 2,542,000 C00200 ( 3,106,000 ) ( 2,226,000 ) C01600 2,318,800 1,863,895 C01700 ( 1,276,379 ) ( 1,826,250 ) C03100 () 4,009 ( 6,070 ) C03800 - ( 26,200 ) C04000 () - ( 325,471 ) C04500 ( 831,762 ) ( 725,374 ) C04900 ( 737,411 ) - C05800 () - ( 117,876 ) CCCC ( 120,743 ) ( 847,346 ) DDDD 2,380 ( 4,431 ) EEEE () ( 147,543 ) 67,855 E00100 835,307 767,452 E00200 $ 687,764 $ 835,307 (106320) / 135 136

105104111231 () ()496 7912 106320 () ()106 (IFRS)(IAS)(IFRIC) (SIC) 1050050021 1050026834106 (IASB)106 IFRSIASIFRICSIC(IFRSs) IASB (1) 2010-2012 201471 (2) 2011-2013 201471 2012-2014 201611 (3) IFRS 10IFRS 12IAS 28 IFRS 11 IFRS 14 IAS 1 IAS 16IAS 38 IAS 16IAS 41 IAS 19 IAS 36 IAS 39 IFRIC 21 201611 201611 201611 201611 201611 201611 201471 201411 201411 201411 (1) (2) 201471IFRS 2 201471IFRS 3 IFRS 13201471 (3) IFRS 5201611 201611 () 106 IFRSs 106 IFRSs IASBIFRSs IASB IFRSsIFRS 9IFRS 15107 IASB (1) 2014-2016 IFRS 2 IFRS 4IFRS 4 IFRS 9 IFRS 9 IFRS 9IFRS 7 IFRS 10IAS 28 IFRS 15 IFRS 15IFRS 15 IFRS 16 IAS 7 (2) 201811 201811 201811 201811 201811 201811 201911 201711 IASB (1) IAS 12 IAS 40 IFRIC 22 201711 201811 201811 (1) (2) IFRS 12201711IAS 28 201811 IFRS 16 IFRS 16IAS 17 IFRS 16 IAS 17 IFRS 16 137 138

() IFRSs () ( ) () 13 1. 1 () 2. 21 ()() 3. 3 () ( ) () () () 1. 2. 12 3. (12 ) 1. 2. 12( ) 3. 12 () (1) (2) () ( ) 139 140

141 142 ( ) ( ) () () ( ) ( ) () () () 1. (1) (i) (ii) ( ) (2)

) () () () (3) 1. (i) (ii) (iii) (iv) (v) 2. 1. 2. () 1. (i) 2. ( 2. (i) (ii) ( (ii) (iii) 3. 3. )( )() ( ) () () 143 144

() 1. 10% 3. 1051231 1041231 $ 79,168 $ 15,703 608,596 819,604 $ 687,764 $ 835,307 (%) 0.01-0.17 0.01-0.13 60120 2. 1051231 1041231 $ 505,336 $ 410,264 ( 81 ) ( 1,281 ) $ 505,255 $ 408,983 $ 1,128,202 $ 1,022,971 ( 6,505 ) ( 5,125 ) $ 1,121,697 $ 1,017,846 $ - $ 1,500 3,764 5,189 $ 3,764 $ 6,689 1051231 1041231 60 $ 1,094,064 $ 999,070 61120 27,647 20,771 121 6,491 3,130 $ 1,128,202 $ 1,022,971 105 104 $ 6,406 $ 6,406 2,183 1,616 ( 2,003 ) ( 1,616 ) $ 6,586 $ 6,406 145 146

1051231 1041231 () $ 95,186 $ 95,186 () 32,540 32,540 () 25,993 25,993 () 10,911 13,094 () 10,000 10,000 () 7,000 7,000 () 708 708 () 278 278 () - - () - - $ 182,616 $ 184,799 () 1051231 1041231 () 100 100 () 100 100 (1) ( ) 100 100 (2) ()() 100 100 (3) T-Join (BVI) ( ) 90 90 () 98 98 (3) (1) (2) 1045(101)301 101848%104 2,9341040.01 (3) 10210613 1051231 1041231 $ 46,434 $ 39,479 27 10 93 - $ 46,554 $ 39,489 1051231 () 1041231 () 105104193,800150,229 ()() $ 72,360 49 $ 112,525 49 () - 46-46 $ 72,360 $ 112,525 1051231 1041231 () 100 100 T-Join (BVI) International Limited (T-Join (BVI)) 100 100 () 100 100 103 105104 147 148

105 $ 5,025,858 $ - ( $ 39,239 ) $ 383,314 $ 5,369,933 3,774,260 19,288 ( 23,581 ) 73,444 3,843,411 349,032 11,776 ( 2,987 ) 37,244 395,065 4,049,351 155,326 ( 40,679 ) 189,985 4,353,983 759,994 20,576 ( 146 ) 13,059 793,483 417,216 22,773 ( 11,941 ) 15,211 443,259 28,018 291,167 - ( 310,548 ) 8,637 14,403,729 $ 520,906 ( $ 118,573 ) $ 401,709 15,207,771 $ 1,918,743 $ 117,598 ( $ 17,302 ) $ - $ 2,019,039 148,364 29,601 ( 2,984 ) - 174,981 2,383,194 200,140 ( 37,368 ) - 2,545,966 513,305 48,623 ( 142 ) - 561,786 293,580 52,226 ( 11,831 ) - 333,975 5,257,186 $ 448,188 ( $ 69,627 ) $ - 5,635,747 $ 9,146,543 $ 9,572,024 104 $ 4,722,673 $ 314 ( $ 152,481 ) $ 455,352 $ 5,025,858 3,672,735 23,941 ( 33,683 ) 111,267 3,774,260 253,635 12,058 ( 12 ) 83,351 349,032 3,672,362 58,962 ( 111,506 ) 429,533 4,049,351 416,372 - - ( 416,372 ) - 665,699 19,208 ( 9,100 ) 84,187 759,994 402,833 24,645 ( 8,106 ) ( 2,156 ) 417,216 85,196 188,697 - ( 245,875 ) 28,018 13,891,505 $ 327,825 ( $ 314,888 ) $ 499,287 14,403,729 $ 1,815,675 $ 111,889 ( $ 18,314 ) $ 9,493 $ 1,918,743 135,766 19,224 ( 12 ) ( 6,614 ) 148,364 2,334,409 158,474 ( 108,184 ) ( 1,505 ) 2,383,194 472,317 49,859 ( 9,100 ) 229 513,305 259,685 46,780 ( 8,044 ) ( 4,841 ) 293,580 5,017,852 $ 386,226 ( $ 143,654 ) ( $ 3,238 ) 5,257,186 $ 8,873,653 $ 9,146,543 149 150

2545 315 315 315 320 1051231 1041231 () $ 14,363 $ 8,849 149,383 163,226 $ 163,746 $ 172,075 102910212 14 () 1051231 1041231 $ 359,000 $ 252,100 500,000 204,900 $ 859,000 $ 457,000 (%) 1.12-2.24 1.13-2.28 2 5 963 23,520 17,5285.1% 37 1056 105104 105 104 $ 147,889 $ 411,540 ( 45,518 ) ( 165,945 ) $ 102,371 $ 245,595 1021 20 99810 1051231 1041231 $ 108,926 $ 152,582 () 70,842 65,988 () (%) 1.05-1.13 1.135-1.81 1051231 1041231 $ 312,800 $ - 933,398 203,777 1,246,198 203,777 ( 6,380 ) ( 6,380 ) 1171 1 234 6568 6 20 60% 10,513( ) 1051041231 52,979 37,609 () 7,128 7,388 $ 239,875 $ 263,567 $ 1,239,818 $ 197,397 (%) 1.16 - (%) 1.11-1.75 1.13-1.75 1043 ()416,372 84,210332,1623 366,23834,076 151 152

1051231 1041231 $ 471,485 $ 532,993 61,762 64,074 61,157 111,138 60,213 106,722 56,096 53,948 39,003 39,174 34,012 51,492 10%2% 3 1051231 1041231 $ 1,090,695 $ 1,147,100 ( 493,160 ) ( 20,708 ) $ 61,641 ( $ 51 ) $ 61,590 - ( 132,411 ) ( 132,411 ) ( 137,367 ) 137,367 - ( 137,367 ) 4,956 ( 132,411 ) 1041231 1,147,100 ( 20,708 ) 1,126,392 1. () 2 2. 27,914 28,214 () 21,233 64,168 138,883 123,481 $ 971,758 $ 1,175,404 $ 597,535 $ 1,126,392 () 15,614-15,614 20,074 ( 362 ) 19,712 35,688 ( 362 ) 35,326 3. () 6% T-Join (BVI) () 6 10411 $ 1,178,398 ( $ 25,049 ) $ 1,153,349 () 17,914-17,914 26,514 ( 564 ) 25,950 44,428 ( 564 ) 43,864 ( 2,256 ) - ( 2,256 ) 66,668-66,668 ( 2,771 ) ( 51 ) ( 2,822 ) 3,059-3,059 ( 5,656 ) - ( 5,656 ) 65,631 199 65,830 63,034 199 63,233 - ( 627,416 ) ( 627,416 ) ( 155,127 ) 155,127 - ( 155,127 ) ( 472,289 ) ( 627,416 ) 1051231 $ 1,090,695 ( $ 493,160 ) $ 597,535 1051231 1041231 1.8% 1.75% 1%-3% 1%-3% () 1051231 1041231 0.5% ( $ 53,907 ) ( $ 66,229 ) 0.5% $ 59,305 $ 72,898 0.5%-1% $ 59,475 $ 73,074 0.5%-1% ( $ 54,562 ) ( $ 67,003 ) 153 154

() 1051231 () () 1051231 1041231 1 $ 142,648 $ 132,411 10-16 1051231 12-16 1041231 () 700,000 700,000 $ 7,000,000 $ 7,000,000 () 483,582 483,582 $ 4,835,825 $ 4,835,825 10 ( 10% 25% 1010012865 1010047490(IFRSs) 1051046 104103 () () () 1010012865 1051231 1041231 $ 341,558 $ 346,398 105 4,840 105 104 $ 22,952 $ 24,550 ( 5,932 ) ( 1,598 ) $ 17,020 $ 22,952 105 () () () () - 16,582-16,582 () 16,582106118 1061184,670,005 105 104 $ 4,399 $ 10,282 1,762 4,566 15 ( 166 ) () - ( 9,948 ) 335 ( 335 ) $ 6,511 $ 4,399 () () 105 104 $ 13,449 $ 13,114 1,248 1,466 59,798 15,522 $ 74,495 $ 30,102 () ) 1045 105627 104 103 104 103 $ 132,682 $ 99,012 831,762 725,374 $ 1.72 $ 1.5 $ 964,444 $ 824,386 1051110 105111110611016,925 3852 6 105 104 $ 101,327 $ 250,236 ( 205 ) - ( 2,549 ) ( 984 ) $ 98,573 $ 249,252 155 156

() 105 104 $ 15,563 $ 8,319-1,434 $ 15,563 $ 9,753 105 104 $ 3,671,143 $ 3,575,321 213,151 219,573 $ 3,884,294 $ 3,794,894 103 $ 17,822 17,822 1046 103 105 104 ( 349 ) ( 5,200 ) 31,190 16,573 192,036 245,175 () 105 104 $ 448,188 $ 386,226 $ 415,898 $ 361,611 32,290 24,615 $ 448,188 $ 386,226 $ 49,484 $ 48,646 17,956 17,238 $ 67,440 $ 65,884 10451056 1%3% 105104 10631053 105 104 1% 1.5% 1% 1.5% $ 16,058 $ 25,746 16,058 25,746 () 104 105 104 $ 160,846 $ 228,602 31,190 16,573 15,369 84,018 ( 964 ) ( 1,080 ) 206,441 328,113 90,753 15,386 15,369 84,018 ( 964 ) ( 1,080 ) $ 297,194 $ 343,499 17%25% 106105 10% () (1) 105104 105 104 $ 3,172,991 $ 3,127,475 169,061 155,505 104104 90,753 15,386 $ 297,194 $ 343,499 105 104 () 105 35,326 43,864 374,683 345,493 132,233 122,557 $ 3,884,294 $ 3,794,894 106105 (2) 103 104622103 $ 283,100 $ 295,758 ( 22,567 ) ( 46,588) ( 99,338 ) ( 15,368 ) $ 191,490 ( $ 100,658 ) $ 10,749 $ 101,581 8,460 - - 8,460 157 158

105 4,290 1,017-5,307 426 303-729 104 $ 204,666 ( $ 99,338 ) $ 10,749 $ 116,077 $ 614,411 ( $ 8,585 ) $ - $ 605,826 $ 196,073 ( $ 15,053 ) $10,470 $ 191,490 8,460 - - 8,460 3,865 425-4,290 1,184 ( 758 ) - 426 $ 209,582 ( $15,386 ) $ 10,470 $ 204,666 () 87 1051231 1041231 $ 2,386,670 $ 2,107,395 786,202 769,344 12,414 15,562 10,041 9,315 6,821 6,821 3,911 3,911 1,160 2,084 99-105() 104() 26.92% 25.76% 26.11% 29.56% 20.48% 20.48% 20.48% - 18.41% - 5.95% - () 1041231 103 105 () () () $ 1,291,378 481,741 $ 2.68-512 104 $ 1,291,378 482,253 $ 2.68 $ 1,326,821 () () - 924 () $ 1,329,755 484,506 $ 2.74 () () 104 529 100 $ 228,000 $ 614,411 $ - $ - $ 614,411 86 1051041231 1041231 2,934 1,329,755 483,582 $ 2.75 () $ 228,000 159 160

1,060 IFRSs () 103,845111,155 80,669 9,948 1051231 1041231 1 $ 313,114 $ 287,377 1051231 1041231 104 15 883,138 694,451 (1) $ 2,396,450 $ 2,342,201 () 137,383 5 801,866 677,889 182,616 184,799 $ 1,998,118 $ 1,659,717 $ 22,795 70,127 160 46,837 71,375 1045 100% (2) 3,469,246 2,290,658 (1) ( ( 95,677 ) 25,000 ) $ 90,617 (101)301 () ( $ 117,876 ) 9,948 ( $ 107,928 ) () () () (2) () ( ) $ 228,000 1. ( 90,617 ) 137,383 33 ( 29,455 ) ( 107,928 ) $ - 55 1051041231 68,12162,954 () (i) 161 162

(ii) /1 () 105104105104 /7942 105 1231 104 1231 (ii) 2. $ 744,000 $ 402,000 ( ) 566,785 680,176 115,000 55,000 ( ) 1,246,198 203,777 (i) (ii) 3. 1051041231 1051231 1041231 $ 1,256,605 $ 1,946,346 (i) 1 1051231 1 13 31 15 5 $ 199,947 $ 171,504 $ 5,064 $ - $ - - - 121,380 1,239,818 - - - 744,000 - - 1041231 $ 199,947 $ 171,504 $ 870,444 $ 1,239,818 $ - $ 265,591 $ 170,887 $ 6,233 $ - $ - - - 61,380 197,397 - - - 402,000 - - $ 265,591 $ 170,887 $ 469,613 $ 197,397 $ - 163 164

() () () 105 104 $ 23,270 $ 24,172 () ( ) () () 180 105 $ 1,978 ( $ 205 ) 105125 103,845 $ 110,124 1051231 1041231 $ 2,559,883 $ 2,623,650 7,128 7,388 $ 2,567,011 $ 2,631,038 () () 1. 2. 3. ( ) 4. 3 () 1. 2. (i) (ii) (iii) (iv) (v) (vi) 1051231 1041231 $ 17,844 $ 21,899 (1) 42,369 84,823 $ 60,213 $ 106,722 () 105 104 20% 5. 320% 6. 320% 7. 1 20% $ 55,644 $ 62,570 8. 120% (1) 739 607 $ 56,383 $ 63,177 9. 10. 11. 165 166

() 105 $ 7,606,004 $ 1,715,326 $ 79,332 $ - $ 9,400,662 1,125,040 1,270 427,193 ( 1,553,503 ) - $ 8,731,044 $ 1,716,596 $ 506,525 ( $ 1,553,503 ) $ 9,400,662 $ 1,272,186 $ 176,407 $ 3,103 $ 15,154 $ 1,466,850 1,248 140,553 ( 2,754 ) ( 15,563 ) $ 1,590,334 104 $ 7,397,609 $ 1,595,215 $ 54,520 $ - $ 9,047,344 1,026,477 2,486 281,589 ( 1,310,552 ) - $ 8,424,086 $ 1,597,701 $ 336,109 ( $ 1,310,552 ) $ 9,047,344 $ 1,262,327 $ 139,832 ( $ 6,993 ) $ 13,714 $ 1,408,880 1,466 278,686 ( 1,459 ) ( 9,753 ) $ 1,677,820 () () () () 105 104 $ 8,895,873 $ 8,587,850 407,320 384,597 97,469 74,897 $ 9,400,662 $ 9,047,344 105104 10% 167 168

105111231 105111231 0 1 T-Join (BVI) (2) $ 80,000 $ 30,000 $ 20,000 1.14% 60,000 30,000 30,000 1.14% 80,625 ( 2,500 ) - - - $ - - $ - - $ - $ 394,921 $ 1,579,687 - - - 394,921 1,579,687 - - - - - 365,586 ( 11,274 ) (1) (1) 454,467 ( 14,092 ) 0 (1) (2) (2) (i)(iii) $ 1,579,687 $ 290,000 $ 250,000 $ 165,000 3.17% $ 3,949,217 Y N N (i)(ii) 1,579,687 160,000 110,000 110,000 1.39% 3,949,217 Y N N (i)(ii) 1,579,687 60,000 60,000 60,000 0.76% 3,949,217 Y N N (i)(ii) 1,579,687 60,000 60,000 60,000 0.76% 3,949,217 Y N N (1) 20% 5%100%10% 40%1050% (2) (1) (i) (ii) 50% (iii) 50% (2) (i) 50% (ii) 30%10% (iii) 20% (iv) 169 170

320% 1051231 105111231 9,161 $ 89,923 8 $ 94,971 3,543 32,540 15 69,573 2,700 25,993 9 33,642 900 10,911 9 12,213 1056 8 $ 370,000 - - - $ - 376,519-700 7,000 7 14,748 49 278 1 626 2,500-4 - 6,632-8 - 536 5,263-5,557 100 708-790 1,000 10,000 1 9,521 171 172

120% 105111231 105111231 () () (1) () () () (1) () () (1) () 0 (1) $ 1,114 - - 3,744 - - $ 1,015,875 93 30-60 $ - - ( $ 99,787 ) ( 35 ) 99,787-1 251,029 23 30-60 - - ( 64,903 ) ( 19 ) 9,092 - - (1) 31,246 - - ( 1,015,875 ) ( 87 ) 30-60 - - 99,787 79 25,447 - - 9,257 - - (1) 4,015 - - ( 350,846 ) ( 72 ) 30-60 - - 64,903 74 208 - - (1) 64,903-1 15,704 - - 12,536 - - 12,001 - - (1) 4,176 - - 21,730 - - 30,644 - - 8,700 - - 173 174

() 105111231 105111231 (1) () 0 (1) $ 1,111 - - (1) () () $ 148,350 $ 148,350 16 100 $ 247,006 $ 35,598 $ 35,598 1 (2) 350,846-4 (3) 24,580 - - (3) 8,998 - - (3) 21,248 - - 2 (2) 1,015,875-11 (3) 74 - - (3) 18 - - 3 (2) 35,460 - - 4 (2) 54,703-1 111,131 111,131 1,700 100 142,591 23,447 24,098 (1) 228,000 228,000 215 100 76,884 ( 19,409 ) ( 23,750 ) (1) (1) T-Join (BVI) (1) 45,000 45,000 6,232 64 64,141 21,104 9,909 933,405 933,405 28,185 100 6,537 16,946 16,946 1,000 1,000 100 100 2,666 1,277 1,277 (1) 125,953 125,953 32,595 49 72,360 ( 69,388 ) ( 34,021 ) 10,000 10,000 1,000 22 - - - 32,532 32,532 4,752 90 72,269 20,970 18,873 (1) (3) 14 - - (1) 25,000 25,000 3,462 36 20,529 21,104 5,611 5 (3) 25 - - 10,320 10,320 1,100 24 - - - (1) (1) (2) (3) 175 176

() 105111231 105111231 ( ) (4) ( ) (4) ( ) (4) $ 156,090 (4,840) 64,500 (2,000) 64,500 (2,000) $ 67,725 (2,100) (1) () (ii) $ 139,891 $ - $ - $ 139,891 $ 5,719 49% $ 2,802 $ 97,567 $ - (ii) 66,727 - - 66,727 1,445 49% 708 12,516 - (ii) 66,727 - - 66,727 ( 29,663 ) 49% ( 14,535 ) 17,120 - (ii) 71,013 - - 71,013 ( 45,722 ) 49% ( 22,404 ) 10,858 - (2) (2) $ 689,763 ( 21,388 ) $ 785,900 ( 24,369 ) $ 4,739,061 (1) (i)(ii)(iii) (2) (3) (4) T-Join (BVI)10212,64056,53462,1701051231 (5) 101278 (6) (7) 10613 (3) (6)(7) 225,750 (7,000) (ii) 223,014 - - 223,014-98% - - - (5)(6) 9,675 (300) (i) 8,271 - - 8,271-100% - - - 177 178

105 104 2,480,866 2,365,381 115,485 4.88% 9,572,024 9,146,543 425,481 4.65% 85,042 85,042-0.00% 760,311 928,783 ( 168,472 ) -18.14% 12,898,243 12,525,749 372,494 2.97% 2,534,091 2,336,471 197,620 8.46% 2,459,206 1,950,218 508,988 26.10% 4,993,297 4,286,689 706,608 16.48% 7,898,435 8,234,661 ( 336,226 ) -4.08% 4,835,825 4,835,825-0.00% 449,826 449,826-0.00% 3,333,175 2,926,058 407,117 13.91% 17,020 22,952 ( 5,932 ) -25.85% 105 104 9,400,662 9,047,344 353,318 3.91% 7,479,209 7,134,091 345,118 4.84% 1,921,453 1,913,253 8,200 0.43% 454,603 504,373 ( 49,770 ) -9.87% 1,466,850 1,408,880 57,970 4.11% 123,484 268,940 ( 145,456 ) -54.08% 1,590,334 1,677,820 ( 87,486 ) -5.21% 297,194 343,499 ( 46,305 ) -13.48% 1,293,140 1,334,321 ( 41,181 ) -3.09% ( 58,416 ) ( 52,718 ) ( 5,698 ) 10.81% 1,234,724 1,281,603 ( 46,879 ) -3.66% 20% ( 737,411) - ( 737,411 ) -100.00% 6,511 4,399 2,112 48.01% 7,904,946 8,239,060 ( 334,114 ) -4.06% 20% 179 180

(a) (b) (c) () (a)+(b)+(c) (105) 105 104 103 102 835,307 820,781 ( 968,324 ) 687,764 - - 805,167 310,455 212,952 155,461 126,299 1. 2. 3. 4. 398,245 155,326 58,962 78,510 105,447 214,310 55,125 55,911 41,017 62,257 (a) (b) (c) () (a)+(b)+(c) 687,764 2,243,097 ( 2,496,428 ) 434,433 - - 181 182

183 184 10534,021 13,449 16% 1105 79 105(KWMS2) 4GVPN 10%

70.09.01 582 164,250 87.09.30 150142 17,000 100.09.07 118-45 96,942 (TW) 100% 100% 64% 100% 100% 100% (TW) (TW) (TW) 36% 90% (TW) (TW) T.Join (BVI) Inter'l Ltd (BVI) 86.08.30 925232 52,800 73.09.20 925233 215,000 104.04.07 150142 1,000 T-Join (BVI) International Limited 90.06.26 Sea Meadow House Blackburne Highway P.O. Box 116 Road Town, Tortola British Virgin Islands 933,405 100% () (PRC) 185 186

187 188 % % 16,425 16,425 16,425 16,425 100.00 100.00 100.00 100.00 1,700,000 1,700,000 1,700,000 1,700,000 100.00 100.00 100.00 100.00 6,231,986 6,231,986 6,231,986 3,462,214 64.29 64.29 64.29 35.71 265,467 4,752,000 4,752,000 0 5.03 90.00 90.00 0 % 215,000 215,000 215,000 215,000 100.00 100.00 100.00 100.00 100,000 100,000 100,000 100,000 100.00 100.00 100.00 100.00 T-Join (BVI) International Limited 28,185,000 28,185,000 28,185,000 100.00 100.00 100.00 (1) 10,00016,425 (2) 1,000215,000 () %

() () ()() 164,250 470,005 223,999 246,006 1,164,430 42,305 35,598 2,167.33 17,000 143,531 147 143,384 0 ( 1,113 ) 23,447 13.79 96,942 267,716 143,899 123,817 488,353 23,720 21,104 2.18 52,800 258,103 192,990 65,114 355,741 25,849 20,970 3.97 215,000 192,019 182,168 9,851 328,481 ( 17,812 ) ( 19,409 ) ( 90.27 ) 1,000 3,390 725 2,666 2,858 1,604 1,277 12.77 T-Join(BVI) International Limited 933,405 67,840 61,612 6,228 0 ( 23,841 ) 16,946 - (1) 10,00016,425 (2) 1,000215,000 (3) 1051231 121 3632 189 190

公司名稱 : 嘉里大榮物流股份有限公司 負責人 : 沈宗 桂

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