( 於中華人民共和國註冊成立的股份有限公司 ) 股份代碼 : 601088 2013 年度報告 从能源資源到工业原料

43 882013 0.91 /181.0 2013 2013 12 100% 100%2013

4 7 10

19 20 2013 22 2013 24 2013 26 28 30 30 62 2014 73 75 75 76 82 113 115 128 130 137 139 263 264 267 271

China Shenhua Energy Company Limited CSEC/China Shenhua 22 100011) (8610) 5813 3399 (8610) 5813 3355 22 100011 (8610) 5813 1804/1814 (8610) 5813 1804/1814 1088@shenhua.cc 1088@shenhua.cc 22 100011) 1 60 B (8610) 5813 1088/3399/3355 (852) 2578 1635 (8610) 5813 1804/1814 (852) 2915 0638 04

22 100011) http://www.csec.com http://www.shenhuachina.com 1088@shenhua.cc 100000000039286 71093302-4 110101710933024 2004 11 8 2011 8 8 2005 20102013 http://www.sse.com.cn http://www.hkex.com.hk A / H / 601088 01088 2007 10 9 2005 6 15 05

A / H / 1 8 88 35 7 A 40 166 36 15 23 183 17 1712 1716 1 2 2728 35 C 2-6 2007 10-1220082009 A 06

2013 2012 () (%) 1. 318.1 304.0 4.6 2. 514.8 464.6 10.8 2.7 3.3 (18.2) 15.2 10.7 42.1 1. 225.38 207.90 8.4 2. 210.18 193.46 8.6 1. 262.4 267.7 (2.0) 2. 267.9 277.6 (3.5) 1. 211.6 176.2 20.1 2. 1 227.3 203.2 11.9 127.4 95.6 33.3 31.1 28.8 8.0 1.5 3. 118.6 97.7 21.4 4. 114.9 82.5 39.3 1. 2013 1 07

2013 2012 2013 2012 (%) 2011 283,797 254,575 250,260 11.5 213,837 209,225 69,768 68,104 67,248 2.4 66,476 65,482 45,678 48,506 47,661 (5.8) 45,985 44,991 44,897 47,528 47,530 (5.5) 45,739 44,746 54,288 74,611 71,847 (27.2) 73,886 73,219 2013 12 31 2012 12 31 2013 12 31 2012 12 31 (%) 2011 12 31 507,674 467,974 453,256 8.5 404,267 402,978 178,137 158,584 150,460 12.3 138,988 137,699 272,362 259,695 253,101 4.9 225,529 225,529 2013 2012 2013 2012 (%) 2011 / 0.91 0.96 0.96 (5.2) 0.90 0.90 / 2.297 2.439 2.396 (5.8) 2.312 2.262 / 2.297 2.439 2.396 (5.8) 2.312 2.262 / 2.257 2.390 2.390 (5.5) 2.300 2.250 / 13.69 13.06 12.73 4.8 11.37 11.34 % 16.81 19.81 19.92 3.0 21.39 20.95 % 16.52 19.41 19.86 2.89 21.27 20.84 / 2.73 3.75 3.61 (27.2) 3.71 3.68 08

2013 2012 2013 12 31 2012 12 31 45,678 48,506 272,362 259,695 (599) 1,202 4,541 3,488 45,079 49,708 276,903 263,183 2013 2012 2011 232 192 128 297 521 264 54 67 101 152 (156) (14) 114 986 929 1,614 (943) (663) (1,078) 61 (39) 110 683 993 1,253 781 978 1,238 (98) 15 15 09

董事長致辭 董事會致辭 張玉卓 副董事長 10

538 2013 2013 2013() 0.91 2013 12 31 538 5 11

2013 318.1 514.84.6% 10.8% 225.388.4% 210.18 8.6% 211.620.1% 227.311.9%118.621.4% 262.4 267.9 697.7 2.4% 456.8 5.8% 2.2975.8% 542.88 27.2% 620.23 12.2% 20130.91 /181.0 201339.6% 12

201263% 18% 17% 2% 201351% 26% 21% 2% 2013 227.311.9% 31.3% 35.2% 2013 5,453 441 13

2013 114.939.3% 14

2013 13.3% 124.5 / 0.1% 8.4% 7.3% 8.9% 20130.00580.293 15

40.14 2013 99.5% 72.0% 90.0% 28.1% 1 3.79 1,674 2013 2014 2014 1 2013 2012 16

2014 2014 3 28 2014 3 5 17

2013 514.8 18

19

2013 2013 2012 % 318.1 304.0 4.6 514.8 464.6 10.8 2.7 3.3 (18.2) 15.2 10.7 42.1 225.38 207.90 8.4 210.18 193.46 8.6 262.4 267.7 (2.0) 267.9 277.6 (3.5) 211.6 176.2 20.1 227.3 203.2 11.9 127.4 95.6 33.3 31.1 28.8 8.0 1.5 118.6 97.7 21.4 114.9 82.5 39.3 2013 2012 % 49.9 42.2 18.2 68.7 55.5 23.8 118.6 97.7 21.4 2013 2012 % % 503.8 100.0 458.8 9.8 417.4 82.9 399.8 4.4 71.2 14.1 48.3 47.4 15.2 3.0 10.7 42.1 413.2 82.0 371.7 11.2 86.4 17.2 83.0 4.1 4.2 0.8 4.1 2.4 209.3 41.5 224.9 (6.9) 140.6 27.9 175.3 (19.8) 49.8 9.9 48.1 3.6 42.2 8.4 6.0 603.1 61.9 12.3 4.5 1,275.8 300.3 59.6 353.9 (15.1) 11.7 2.3 8.9 31.3 38.2 7.6 23.4 63.2 153.6 30.5 72.6 111.6 2013 2012 % % 2.7 100.0 3.3 (18.2) 1.3 49.2 1.1 22.2 0.4 14.7 0.5 (20.0) 0.7 25.9 1.7 (58.4) 0.3 10.2-2013 2012 % 177.3 164.8 7.6 27.1 25.1 8.0 34.7 29.4 18.0 17.1 17.0 0.6 14.7 14.3 2.8 14.8 13.9 6.5 9.0 9.0-11.0 10.1 8.9 7.5 6.9 8.7 16.4 14.1 16.3 10.9 11.1 (1.8) 3.9 4.9 (20.4) 4.5 4.1 9.8 4.4 3.8 15.8 1.3 1.1 18.2 30.8 30.3 1.7 30.8 30.3 1.7 30.5 28.1 8.5 17.9 24.9 (28.1) 18.8 18.6 1.1 31.4 30.3 3.6 8.3 4.0 107.5 2.5 2.0 25.0 0.9 0.7 28.6 4.9 1.3 276.9 1.1 1.0 10.0 2.0 2.0-318.1 304.0 4.6 209.6 203.0 3.3 97.5 90.0 8.3 9.0 9.0-2.0 2.0-2013 2012 % 211.6 176.2 20.1 50.7 42.9 18.2 131.2 106.4 23.3 19.7 18.2 8.2 10.0 8.7 14.9 50.7 50.0 1.4 262.3 226.2 16.0 180 2011 10 2013 2012 % 160.0 124.4 28.6 127.4 95.6 33.3 31.1 28.8 8.0 1.5-67.3 78.8 (14.6) 227.3 203.2 11.9 8.3 2.5 232.0 514.8 464.6 10.8 JORC 2013 2012 2013 2012 2013 2012 12 31 12 31 12 31 12 31 12 31 12 31 % % % 2012 2013 2013 2013 12 31 12 31 12 31 144.3 137.1 5,726 312 362 2,520-2,520 1,285 76.9 71.5 5,918 312 366 1,300-1,300 501 144.9 133.6 5,751 325 344 2,520-2,520 1,021 60.3 56.5 5,854 328 394 1,030-1,030 469 47.6 42.7 4,955 369 258 960-960 554 216.1 196.6 5,187 358 257 4,167-4,167 3,657 69.8 63.3 5,287 318 262 1,320-1,320 639 43.7 39.3 3,644 335 277 1,200-1,200 960 22.4 19.7 5,596 277 431 400-400 280 154.2 144.4 4,283 320 349 3,600-3,600 1,800 276.2 262.6 6,276 304 414 4,400-4,400 2,640 80.0 76.2 6,351 306 362 1,260-1,260 630 150.6 138.6 6,275 329 312 2,400-2,400 1,680 13.1 11.7 5,961 378 331 220-220 112 264.0 248.9 5,281 313 439 5,000-5,000 4,000 37.2 33.9 5,642 327 449 660-660 660 71.1 67.1 5,923 316 375 1,200-1,200 612 87.6 83.3 6,638 298 353 1,320-1,320 726 147.7 139.4 5,680 326 364 2,600-2,600 1,326 48.5 44.2 3,846 338 404 1,260-1,260 604 54.6 51.2 4,402 351 386 1,240-1,240 481 18.1 15.9 6,031 381 420 300-300 210 2,228.9 2,077.7 5,453 323 361 40,877-40,877 24,847 0.3 0.3 2,015-599 16-16 12 18.7 18.1 2,397 232 730 780-780 624 5.9 5.7 4,746-235 125-125 48

2013 2012 2013 % 283,797 254,575 11.5 187,713 162,734 15.3 4,845 4,772 1.5 1,031 881 17.0 18,128 16,241 11.6 2,101 2,422 (13.3) 488 113 331.9 (156) (14) 1,014.3 820 534 53.6 595 448 32.8 70,155 67,932 3.3 556 835 (33.4) 943 663 42.2 579 197 193.9 69,768 68,104 2.4 14,061 11,552 21.7 55,707 56,552 (1.5) 45,678 48,506 (5.8) 10,029 8,046 24.6 / 2.297 2.439 (5.8) 2012 2013 % 256,363 246,572 4.0 167,399 165,989 0.8 77,423 71,096 8.9 6,078 5,403 12.5 5,463 4,084 33.8 27,434 8,003 242.8 283,797 254,575 11.5 2012 2013 % 73,876 69,685 6.0 21,857 20,398 7.2 11,347 10,652 6.5 18,928 18,411 2.8 18,948 17,481 8.4 42,757 26,107 63.8 187,713 162,734 15.3 2012 % % % % 503.8 97.9 385.7 458.8 98.8 426.4 9.8 (9.5) 417.4 81.1 372.4 399.8 86.1 405.0 4.4 (8.0) 192.8 37.5 277.4 200.0 43.1 285.9 (3.6) (3.0) 224.6 43.6 453.9 199.8 43.0 524.1 12.4 (13.4) 71.2 13.8 439.6 48.3 10.4 566.3 47.4 (22.4) 15.2 3.0 500.0 10.7 2.3 595.0 42.1 (16.0) 2.7 0.5 598.7 3.3 0.7 744.3 (18.2) (19.6) 8.3 1.6 623.0 2.5 0.5 266.5 232.0 133.8 2.0 0.4 92.0 2.0 0.4 69.3-32.8 6.3 1.2 787.9 0.5 0.1 1,142.7 1,160.0 (31.0) 514.8 100.0 390.7 464.6 100.0 427.8 10.8 (8.7) 422.2 82.0 397.1 377.5 81.2 436.8 11.8 (9.1) 88.4 17.2 358.8 83.0 17.9 395.0 6.5 (9.2) 4.2 0.8 265.4 4.1 0.9 261.8 2.4 1.4 2012 2013 % 55,707 56,552 (1.5) 488 113 331.9 18,559 18,335 1.2 1,158 1,154 0.3 464 763 (39.2) (26) (56) (53.6) 579 197 193.9 (1,827) 406 (550.0) 156 14 1,014.3 2,101 2,422 (13.3) (820) (534) 53.6 (144) 106 (235.8) (1,992) (1,919) 3.8 (23,744) (7,430) 219.6 3,629 4,488 (19.1) 54,288 74,611 (27.2) 22 23

2013 2012 2012 2012 2012 2012 2012 2012 2012 2012 2013 2013 2013 2013 2013 2013 2013 2013 2013 192,176 170,381 78,436 71,776 3,278 3,051 159 124 3,045 2,609 5,990 5,907 713 727 283,797 254,575 37,166 36,216 472 487 26,691 21,955 3,579 2,918 2,042 1,711 - - 716 266 (70,666) (63,553) 229,342 206,597 78,908 72,263 29,969 25,006 3,738 3,042 5,087 4,320 5,990 5,907 1,429 993 (70,666 ) (63,553 ) 283,797 254,575 (181,629 ) (152,113 ) (54,476 ) (54,460 ) (11,145 ) (10,039 ) (1,581 ) (1,613 ) (4,672 ) (3,680 ) (3,865 ) (4,112 ) 69,655 63,283 (187,713 ) (162,734 ) 36,747 44,390 18,459 12,868 13,590 10,283 1,649 848 317 533 1,514 1,131 262 24 (946 ) (243 ) 71,592 69,834 2012 2012 2012 2012 2012 2012 2012 2012 2012 2013 12 31 2013 12 31 2013 12 31 2013 12 31 2013 12 31 2013 12 31 2013 12 31 2013 12 31 2013 12 31 12 31 12 31 12 31 12 31 12 31 12 31 12 31 12 31 12 31 218,552 254,334 178,457 153,302 104,061 83,411 20,709 16,442 8,114 5,394 13,340 14,720 320,868 292,441 (356,427 ) (352,070 ) 507,674 467,974 (115,964 ) (124,916 ) (106,656 ) (99,680 ) (54,601 ) (43,349) (10,877 ) (8,161 ) (2,643 ) (1,082 ) (7,780 ) (8,165 ) (136,512 ) (170,300 ) 256,896 297,069 (178,137 ) (158,584 ) 2013 2012 / / 73,876 201.2 367.2 69,685 157.8 441.6 (16.8) 39,029 313.6 124.5 38,237 306.8 124.6 (0.1) 8,341 313.6 26.6 7,915 306.8 25.8 3.1 4,766 313.6 15.2 4,445 306.8 14.5 4.8 7,503 313.6 23.9 6,864 306.8 22.4 6.7 18,419 313.6 58.8 19,013 306.8 61.9 (5.0) 1 42,510 514.8 82.6 37,428 464.6 80.6 2.5 26,214 6,763 181,629 152,113 2013 2012 / % 53,616 2,101.8 255.1 53,902 1,934.6 278.6 (8.4) 40,812 2,101.8 194.2 41,279 1,934.6 213.4 (9.0) 3,191 2,101.8 15.2 3,058 1,934.6 15.8 (3.8) 7,512 2,101.8 35.7 7,804 1,934.6 40.3 (11.4) 2,101 2,101.8 10.0 1,761 1,934.6 9.1 9.9 860 558 54,476 54,460 2012 2013 % 2012 2013 % 2012 2013 % 2012 2013 % 9,401 8,368 12.3 2,915 2,535 15.0 2,367 2,306 2.6 2,088 1,915 9.0 465 383 21.4 1,566 1,229 27.4 1,417 1,404 0.9 10,818 9,772 10.7 327 267 22.5 11,145 10,039 11.0 1,501 1,535 (2.2) 257 246 4.5 213 169 26.0 518 614 (15.6) 513 506 1.4 68 66 3.0 1,569 1,601 (2.0) 12 12 1,581 1,613 (2.0) 1,683 1,316 27.9 265 202 31.2 18 30 (40.0) 98 83 18.1 1,176 907 29.7 126 94 34.0 2,989 2,364 26.4 4,672 3,680 27.0 3,341 3,557 (6.1) 1,960 1,998 (1.9) 284 283 0.4 769 960 (19.9) 328 316 3.8 524 555 (5.6) 3,865 4,112 (6.0) 1 24 25

Assets Distribution Map 2014 B22 CHINA Xinjiang Tavan Tolgoi B8 Inner Mongolia Autonomous Region A3 A4 Liaoning Jilin Heilongjiang Coal Mine A1. A2. A3. A4. A5. A6. A7. Shendong Mines Zhunge er Mines Power Shengli Mines Baorixile Mines Baotou Mines Watermark Coal Project in Australia (plans under review) Xinjie Taigemiao Exploration Area (applying for exploration license) B1. B2. B3. B4. B5. B6. B7. B8. Cangdong Power Sanhe Power Dingzhou Power Panshan Power Zhunge er Power Shendong Power Guohua Zhunge er Guohua Hulunbeier Power B9. Beijing Thermal B10. Suizhong Power B11. Zheneng Power B12. Jinjie Energy B13. Shenmu Power B14. Taishan Power B15. Huizhou Thermal B16. Mengjin Power B17. B18. B19. B20. B21. B22. B23. B24. Taicang Power Chenjiagang Power Shenwan Energy Shenhua Sichuan Energy Shenhua Fujian Energy EMM Indonesia Zhuhai Wind Yuyao Power A6 Qinghai Gansu Ningxia Shanxi B16 Hebei Beijing Tianjin Shandong Railway C1. C2. C3. C4. C5. C6. C7. C8. Shenshuo Railway Shuohuang Railway Huangwan Railway Dazhun Railway Baoshen Railway Bazhun Railway (trial operation) Ganquan Railway (trial operation) Zhunchi Railway (under construction) Port D1. D2. D3. D4. Huanghua Port Tianjin Coal Dock Zhuhai Coal Dock Luoyuan Wan Project (under preparation) Shipping Coal Chemical E1. Shenhua Zhonghai Shipping Company F1. Baotou Coal Chemical 2014 3 28 Note: This map as at 28 March 2014 is for illustrative purpose only. Legend Provincial Boundary State-owned or Local Railway Self-owned Railway (in operation) Self-owned Railway (under construction) Self-owned mines Location of main assets Tibet Yunnan B20 Sichuan Guizhou Shaanxi Chongqing Guangxi Hunan Hubei B14 Henan B23 D3 Macau Guangdong Jiangxi B15 Hongkong Anhui B19 Fujian Jiangsu B21 D4 B18 B17 Zhejiang E1 Shanghai B24 B11 Taiwan Diaoyu Islands Ganqimaodu C7 Dongsheng Batuta A7 C5 A1 F1 SHAANXI A5 Baotou C6 Shendong INNER MONGOLIA AUTONOMOUS REGION A2 Diandaigou B5 B7 Zhunge er Waixigou C4 C8 SHANXI Datong East Shuozhou West Daqin Railway HEBEI B6 Shenchi B12 B13 Shenchi South B3 Shenmu North C1 Dingzhou West C2 BEIJING B9 Suning North B2 B4 Huanghua TIANJIN C3 D2 B1 D1 Caofeidian Port Qinhuangdao Port B10 Hainan

17.09% 73.01% 9.90% A H 65.00% 55.00% 50.00% 65.00% 52.72% 88.16% 90.00% 85.00% 70.00% 55.00% 40.00% 51.00% 51.00% 100.00% 51.00% 51.00% 80.00% 51.00% 60.00% 73.33% 80.00% 51.00% 40.50% 80.00% 70.00% 70.00% 65.00% 55.00% 70.00% 92.00% 60.00% 100.00% 80.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 88.46% 100.00% 100.00% 51.00% 52.00% 100.00% 100.00% 50.00% 100.00% 100.00% 100.00% 56.61% 50.10% 60.00% 62.82% 57.76% 100.00% 70.00% 100.00% 100.00% : 2013 12 31 (),

2013 2013 2013318.12012304.0 4.6%101.0% 514.82012464.6 10.8%110.8%210.18 2012193.46 8.6%102.5% 211.62012176.2 20.1% 227.32012203.2 11.9% 114.9201282.5 39.3% 530.3 2012545.3 2.8% 1 20132012 30

2013283,7972012254,575 11.5%70,155201267,932 3.3%45,6782012 48,506 5.8% 1 2.297 /20122.439 / 5.8% 2013 12 31 13.69 2012 12 3113.06 4.9% 2013 12 31 2 11.0% 3 16.8% 201218.7%1.9 4 91,230201290,244 1.1%2013 12 31 /35.1%2012 12 3133.9% 1.2 5 21.8%2012 12 3118.1% 3.7 1 2 3 4 5 =[+ ]/[+ +] 31

1 (1) 2013 2012 % 1 283,797 254,575 11.5 2 187,713 162,734 15.3 3 18,128 16,241 11.6 4 2,101 2,422 (13.3) 5 488 113 331.9 6 (156) (14) 1,014.3 7 820 534 53.6 8 556 835 (33.4) 9 943 663 42.2 10 14,061 11,552 21.7 20.2% 17.0% 3.2 2013 2012 2011 11 10,029 8,046 24.6 32

(2) 1. 324.19 (149.69) (68.04) 106.46 2. 395.28 (6.55) 388.73 719.47 (156,24) (68.04) 495.19 719.47 (156.24) (68.04) 495.19 (3) 2013 2012 703 420 67.4% 836 335 149.6% 1,539 755 103.8% % 0.47 0.24 0.23 % 0.54 0.30 0.24 20131,539103.8% 33

(4) 1 2013 % 1 12,457 4.4 2 12,183 4.3 3 9,221 3.3 4 8,056 2.8 5 5,734 2.0 47,651 16.8 (5) 1 292.08 17.7%134.18 8.2% 2 (1) 2013 12 31 2012 12 31 % % % 1 46,272 9.1 61,739 13.2 (25.1) 2 495 0.1 719 0.2 (31.2) 3 5,178 1.0 908 0.2 470.3 4 22,043 4.3 19,092 4.1 15.5 5 4,494 0.9 3,038 0.6 47.9 1 34

2013 12 31 2012 12 31 % % % 6 17,641 3.5 15,722 3.4 12.2 7 22,129 4.4 7,181 1.5 208.2 8 74,577 14.7 61,045 13.0 22.2 9 1,488 0.3 692 0.1 115.0 10 28,155 5.5 21,854 4.7 28.8 11 9,982 2.0 - - 12 1,401 0.3 523 0.1 167.9 13 5,799 1.1 10,901 2.3 (46.8) 14 10,659 2.1 7,073 1.5 50.7 15 4,958 1.0 - - 16 1,867 0.4 9,158 2.0 (79.6) 17 3,598 0.7 5,121 1.1 (29.7) 18 (52) 0.0 734 0.2 (107.1) 2013 12 31 /35.1% 2012 12 3133.9%1.2 /16.16201216.91 35

(2) 1 324.19 (149.69) (68.04) 106.46 2 1,230.55 63.58 1,294.13 1,554.74 (149.69) (4.46) 1,400.59 7,825.05 (769.88) 7,055.17 (3) (4) 3 2013 2012 % 1 2 3 54,288 74,611 (27.2) (7,735) 3,969 (294.9) 62,023 70,642 (12.2) (47,773) (57,840) (17.4) (19,796) (26,869) (26.3) 36

1 2013 (1) 318.12012304.0 4.6% 2013196.1 6.9% 61.3 5.0% 31.43.6% 8.3107.5% 17.928.1% 2.0 37

(2) 70.7 1.3% 68.1 2.0%2.6 13.2% (3) 201363.2 2012 51.9 21.8% 3.79 1674 2013 19.73 2 2013514.8 10.8% 2013 2013 390.7 /2012427.8 / 8.7% 38

A. 2013 2012 % / % / % % 503.8 97.9 385.7 458.8 98.8 426.4 9.8 (9.5) 417.4 81.1 372.4 399.8 86.1 405.0 4.4 (8.0) 1 192.8 37.5 277.4 200.0 43.1 285.9 (3.6) (3.0) 2 224.6 43.6 453.9 199.8 43.0 524.1 12.4 (13.4) 71.2 13.8 439.6 48.3 10.4 566.3 47.4 (22.4) 15.2 3.0 500.0 10.7 2.3 595.0 42.1 (16.0) 2.7 0.5 598.7 3.3 0.7 744.3 (18.2) (19.6) 8.3 1.6 623.0 2.5 0.5 266.5 232.0 133.8 1 2.0 0.4 92.0 2.0 0.4 69.3 0.0 32.8 2 6.3 1.2 787.9 0.5 0.1 1,142.7 1,160.0 (31.0) / 514.8 100.0 390.7 464.6 100.0 427.8 10.8 (8.7) 2013 503.82012458.8 9.8% 97.9% 224.6 6.38 1 35.2% 201231.3%) 3.9 201386.4 201259.0 46.4%201212.7% 2013 16.8% 2013 52.1 10.3%12.4 2.5% www.e-shenhua.com 2013 95.5 1 39

B. 2013 2012 % / % / % 422.2 82.0 397.1 377.5 81.2 436.8 (9.1) 88.4 17.2 358.8 83.0 17.9 395.0 (9.2) 4.2 0.8 265.4 4.1 0.9 261.8 1.4 / 514.8 100.0 390.7 464.6 100.0 427.8 (8.7) 2013422.22012377.5 11.8% 436.8 / 397.1 /9.1% 201388.4201283.0 17.2%0.7 395.0 /358.8 /9.2% 2013 12 23 2013 4.2 3 2013 0.0058 2013 40

4 800/300/ 130 5 2013 12 31 249.71 148.38 JORC87.25 2013 1 1.44 20122.15 201380.17 201297.33 2 / 1 / >5250kcal/kg 0.6% 2 >4500kcal/kg 0.6% 3 >3200kcal/kg 0.8% 4 >3600kcal/kg 0.8% 5 / >4300kcal/kg 0.8% 1 2 41

6 (1) 2013 2013 2012 (%) 229,342 206,597 11.0 181,629 152,113 19.4 1 39,029 38,237 2.1 2 73,876 69,685 6.0 % 20.8 26.4 5.6 36,747 44,390 (17.2) % 16.0 21.5 5.5 (2) 2013 124.5 /2012124.6 / 0.1% A. 26.6 /201225.8 / 3.1% B. 15.2 /201214.5 / 4.8% C. 23.9 /201222.4 / 6.7% D. 58.8 /201261.9 / 5.0% (1) 58% (2)10% (3) 32% 42

(3) 2013 73,876201269,685 6.0% 2012157.8 2013201.227.5% 201234.0%201339.1% 2012441.6 /2013367.2 / 16.8% 1 2013 210.188.6% 201341,798 100 409 2013 222.89 5,4535,012 441 1 2 2013 % 8.6 7.0 1.6 2013 5,453 5,012 441 88.2 99.2 88.9% 88.2%0.7 1 2012 5,261 2 20132014 43

2 201326 22013 40,680 99.5%29,420 72.0%33.0 3 2013 2 1,000 201337.4% 4 3,900 4 2013 2013 2012 (%) 78,908 72,263 9.2 54,476 54,460 0.0 % 31.0 24.6 6.4 18,459 12,868 43.4 % 23.4 17.8 5.6 2013 31.0% 201224.6%6.4 2013361 / 255.1 /2012278.6 / 8.4% 44

1 2013 2013 211.6 20.1%80.7%201277.9%2.8 2 180 223.7 3 2013 2013 2012 (%) 29,969 25,006 19.8 11,145 10,039 11.0 % 62.8 59.9 2.9 13,590 10,283 32.2 % 45.3 41.1 4.2 201326,6912012 21,955 21.6%89.1% 2012 87.8% 2013 0.051 /20120.055 / 7.3% 45

1 2013 127.4 33.3% 31.18.0% 70.4% 61.2% 9.2 55 2 2013 2013 2012 (%) 3,738 3,042 22.9 1,581 1,613 (2.0) % 57.7 47.0 10.7 1,649 848 94.5 % 44.1 27.9 16.2 20133,5792012 2,918 22.7%95.7% 2012 95.9% 1,501 46

1 2013 2013 118.621.4% 114.939.3% 2 2013 2013 2012 (%) 5,087 4,320 17.8 4,672 3,680 27.0 % 8.2 14.8 6.6 317 533 (40.5) % 6.2 12.3 6.1 20130.041 /20120.045 / 8.9% 1 2013 262.4 267.9 47

2013 2012 / / % % 1 262.4 8,836.1 267.7 8,227.6 (2.0) 7.4 2 267.9 8,746.7 277.6 8,605.9 (3.5) 1.6 2 (1) 2013 2013 2012 (%) 5,990 5,907 1.4 3,865 4,112 (6.0) % 35.5 30.4 5.1 1,514 1,131 33.9 % 25.3 19.1 6.2 (2) 2013 2012 / / % % 1. 269.7 5,495.6 266.7 5,821.7 1.1 (5.6) 2. 275.3 5,255.9 277.7 5,565.1 (0.9) (5.6) 20135,495.6 / 5,255.9 / 48

1. 2013 2. 2013 249.71148.38 JORC 87.25 2013 3. 2013 4. 2013 39975 49

5. 2013 100% 100% 12014 2013 2014 2014 2013 2014 % % 85.6 69.6 (18.7) 13.8 110.8 195.0 76.0 38.7 273.0 226.6 (17.0) 45.0 192.7 177.8 (7.7) 35.3 56.8 39.0 (31.3) 7.7 23.5 9.8 (58.3) 2.0 4.5 10.3 128.9 2.0 6.1 2.3 (62.3) 0.5 480.0 503.8 5.0 100.0 2013480.0 2014503.8 2014 A 50

2 2013227.17 155.4071.77 46.18%100% 100% 3 2007 9 18A36.99 659.882013 12 31 642.09 626.08103.47 65 2013 4 10 2014 4 9 83.1 2013 5 31 2014 4 9 2012 10.24A 2013 8 1 10.24 2013 12 3193.23 100% 100% 2013 12 3117.80 2013 12 31 44.87366 51

TDCS % 16,688.75 16,402.57 1,024.38 1,693.00 1,693.00 781.61 1.12 3,448.15 3,448.15 2,231.45 3.20 5,386.00 5,386.00 2,215.33 3.18 20.28 20.28 45.53 45.53 53.11 53.11 168.00 168.00 36.49 36.49 5.47 5.47 3.00 3.00 52

C70 % 1,600.00 1,592.00 44.26 316.02 354.00 333.94 64.83 0.09 1,058.22 918.83 1,443.46 2.07 640.50 640.50 1,303.85 1.87 486.90 408.24 598.39 0.86 455.00 414.93 656.83 0.94 874.82 210.72 594.50 0.85 1,024.38 1,024.38 16,000.00 16,000.00 33,299.63 31,805.95 9,322.82 65,988.38 64,208.52 10,347.20 53

4 2013 12 31 10% 5 2013 12 31 2013 12 31 10% 418.31 19.30 4 20 18,625 6 5.04% 232 297 20 7,436 1 5.40% 103 910 1,400 3 5.19% 13 74 1,435 1 5.10% 22 136 135 6-8 5.202%- 9 36 5.4315% 1,280 5 5.66% 352 10 2,000 3 5.54% 221 112 230 3 0.00% 40 1 5.40% 2 290 1 0.50% 1 54

990 5 5.66% 273 18 156 1 5.40% 6 225 1 5.28% 5 250 5 5.66% 69 2 130 5 5.66% 36 1 600 1 0.50% 2 2 200 1 5.40% 11 38 185 5 5.66% 51 1 272 2 libor+ 400bps 198 2 libor+ 280bps 17 4 361 3 5.54% 56 4 150 1 5.40% 1 8 65 3 5.54% 11 0 370 2 5.23% 31 8 200 5 5.66% 55 2 1,000 1 5.40% 22 33 364 3 5.54% 60 2 500 1 5.40% 25 2 1,320 5 5.66% 363 10 500 1 0.00% 0 0 926 1 5.40% 12 13 19 6 106.46 149.69 55

7 1 4,548 34,721 26,838 20,038 2 5,880 28,406 21,392 6,489 3 4 5 2,278 10,118 6,046 2,654 2,700 14,986 7,795 2,335 7,102 25,429 19,623 2,144 6 3,255 13,262 6,029 2,049 7 1,169 6,089 3,852 1,489 8 1,705 37,672 4,985 1,163 9 2,136 7,602 2,877 856 10 1,000 4,045 2,006 800 1. 2. 201362,050 23,626 3. 201314,841 8,974 4. 2013 1,1632012 8,356 86.1%2013 8 2013 100% 2013 707.020.5% 2013 213 7 50 56

2011 3 25 2011 3 25 H3 26 2011-012A (1) 7 2013 9 29 2005 12006 7 2005 1 2012 7 20134 57

(2) / A. 2012 1 15 2013 1 B. 2012 1 15 20133 C. 2012 1 15 (1) (2) 201323 58

D. 2012 12 29(1) (2) (3) (4) (5)(6) (7) (8)(9) 2013 (3) 2013 (4) A 2013 12 31 2012 12 31 % 38,272.79 31,515.41 21.44 30,734.30 17,634.80 74.28 400.00 400.00 59

B (a) 2013 12 31 2013 1 17,389.81 4,795.34 2 11,209.06 766.55 3 3,735.44 2,916.89 4 1,091.74 337.88 5 1,003.80 409.74 6 920.72 (26.14) 7 595.51 431.12 8 544.92 394.07 9 425.96 (504.23) 10 298.23 (86.72) 37,215.19 9,434.50 (b) 2013 12 31 2013 1 4,530.00 2,080.00 2 3,500.00 2,000.00 3 2,900.00 1,900.00 4 2,603.00 2,603.00 5 2,400.00 2,400.00 6 2,282.00 512.00 7 1,815.85 925.85 8 1,500.00 9 1,250.00 1,100.00 10 1,000.00 1,000.00 23,780.85 14,520.85 60

C 2013 31,921.00 23,319.75 20132013 12 31 61

1 1 2013 2013 568,845 7.7% (CPI)2.6% 2014 2014 20147.5% 3.5% 2 (1) 2013 2013 U 2013590 /114 / 2013 2012 (%) 3,680 3,650 0.8 2,320 2,260 2.7 327 289 13.1 7.51 9.26 (18.9) 1 62

2013 2013 36.8 0.8%3 201336.1 2.6% 20133.27 13.1% 2013 23.2 2.6% 6.17 9.6% 2014 20147.5% 2014 2014 63

2014 2014 2014 (2) 2013 2013 BJ2013 94.45/ 86.35/ 2013 3.58 13.5% 2.95 9% 1.429 12.6% 1.0866 4.7% 2013 1.52 21% 1.91 3.4% 1.18 0.4% 64

2014 2014 2014 2014 (3) 2013 201353,223 7.5% 3 1.9%8 13.7% 9 2013 0.7% 7.0% GDP 10.3% 9.2% 5,012 30 20138.62 20123,680 4.4%2013 2,993 201212.3% 2012 24.5% 335.0% 16.2%36.3% 143.0% 14.0% 65

2014 2014 2013 2014 2014 2013928 7.4% 2014 2014 66

67

2014 2014 2014 2014 2013 2013 2014 2013 (%) 318.1 318.1 315.0 514.8 514.8 464.6 210.18 210.18 205.00 2,741 2,837.97 2,568 (3.4) 1,921 1,877.13 1,669 2.3 233 212.60 205 9.6 2014 2012 2012 68

(1) A H20% A (A (2) 2013 1002013 50 1 2014 1 69

201511.4% 2010 17% 1 2017 65% 2 1 2013 2 2 2013 37 70

2013 71

ERP 72

/ % 2010 2011 68 0.75 14,917 37,187 40.1 2011 2012 67 0.90 17,901 44,822 39.9 2012 2013 78 0.96 19,094 47,661 40.1 1. 2013456.78 2.297 / 450.79 2.266 / 2013 12 31 1,072.842013 0.91 181.0 39.6%40.2% 2014 6 272013 2013 2. 73

3. (1) 2014 5 28 A 2013 (2) A A20132013 A 2013 4. H (1) 2014 5 28 2014 6 27 2013 H2013 2014 5 27 H (2) 2014 7 7 2014 7 11 2013 H 20132014 7 4H 5. 2008 1 1 H 10% H 74

2014 7 11H 6. [2011]348H H H 10% 10% H 10% < > [2009]124 H 10% 20% H 20% 20% 2014 7 11H H H H 2014 7 4 H 183 17MHH 2014 7 11 H 7. H 2013 75

( ) (%) (%) 1 180,000,000 0.90-180,000,000-180,000,000 2 180,000,000 0.90-180,000,000-180,000,000 1 16,311,037,955 82.01 +180,000,000 +180,000,000 16,491,037,955 82.91 2 3,398,582,500 17.09 3,398,582,500 17.09 19,709,620,455 99.10 +180,000,000 +180,000,000 19,889,620,455 100.00 19,889,620,455 100.00 19,889,620,455 100.00 180,000,000 180,000,000 13 2013 10 9 180,000,000 180,000,000 2013 12 31 76

A. / B. 2013 1002013 50 C. D. 2013 12 31 2014 3 21 308,278 308,328 A 305,728 305,778 H 2,550 2,550 8.08 77

A A (+)/ (-) (%) 1 0 14,521,846,560 73.01 2 HKSCC NOMINEES LIMITED -276,490 3,390,433,627 17.05 3 0 180,000,000 0.90 4 50 +3,878,560 30,318,742 0.15 5 +18,494,453 20,454,443 0.10 6 +4,000,000 18,800,000 0.09 7 300-8,396,087 17,744,449 0.09 39,200 8 +5,646,619 17,641,523 0.09 A50ETF 9 50-8,850,000 16,558,283 0.08 10 HKSCC Nominees LimitedH +12,551,507 16,472,315 0.08 78

2013 12 31571 XV 336 / / H / H / H / H / % % 1 14,521,846,560 89.03 73.01 2 JPMorgan Chase & Co. / 3 BlackRock, Inc. 4 Walter Scott & Partners Limited H 474,623,783 13.96 2.39 35,117,305 1.03 0.18 262,354,210 7.71 1.32 H 315,759,852 9.29 1.59 9,006,000 0.26 0.05 H 176,584,372 5.20 0.89 (www.hkex.com.hk) 2013 12 31 / A. 1995 10 23 10001826-7 3,940,956.10 79

B. 2013 363,520 78,464 62,572 38,777 73,514 2013 12 31 883,525 382,708 500,817 333,667 C. D. 143,068,000 2.90% 99,999,900 0.04% 80

100.00% 73.01% 81

2013 12 31 1/2 82

1 2013 6 21 2012 2 2013 5 31 38 2012 8 24 H 8 25 2012-037A 1 * 2 3* 4 5 * 6 * 7 8 * 9 * 83

10 * 11 * 12 13 14* 15 * 16 * 17 18* 19 * 20 * 21 22 23 24 * 25 * 26 * 84

1. 2. 2013 102013 2014 12013 2005 5 242013 12 31 1. 2011 20132014 2016 2. 2005 H 5 2013 85

3. 2013 12 31 A 2013 2013 12 31 2013 2014 3 29 86

51 50 159.56 55 156.48 68 45.00 67 45.00 64 45.00 65 63 58 58 106.21 44 97.37 50 151.46 53 151.20 51 148.71 59 149.46 52 149.41 54 117.33 50 100.81 48 110.23 50 106.22 / / / 1,839.45 / 1 2 3 4 20132013 2010-2012 385.71 2010 6 182013 6 17 2014 3 5 2013 87

88 5 51 2011 5 2010 6 2001 12 1982 1985 1989 19921996 50 2010 6 2006 8 2001 12 1984 1987 1991 19921994

55 68 2011 5 1998 4 1983 1999 2006 2010 6 19671973 89

67 64 2009 6 2010 6 1982 90

65 63 2012 5 1977 2012 5 1975 2001 91

2010 6 1985 1 58 2010 6 1998 58 44 2010 6 2013 12 20 2014 1 13 1992 2002 92

2010 6 2006 8 2001 12 1984 1987 1991 19921994 50 2011 5 1998 4 1983 1999 2006 55 2011 5 1995 1983 50 93

53 2011 5 1995 19821997 2005 2005 51 2011 5 1996 5 20 19841987 2006 59 2011 5 1999 4 1993 2001 2008 9 94

2011 5 1999 3 1987 52 2013 9 30 1992 2002 2006 2009 2 EMBA 54 2011 5 1999 1997 2008 2010 50 95

2004 11 2002 2003 7 1998 2004 1988 1991 48 2007 1 (FCPA) 1985 1994 50 2013 10 25 2013 9 27 2014 3 5 96

2008-12 2010-04 2003-08 2009-03 2012-02 2012-02 2008-12 2009-03 2010-08 2013-06 2006-08 2005-12 2006-08 2011-12 2010-04 2010-04 2010-04 2011-11 2013-03 2013-07 2010-12 97

2009-02 2009-01 2011-05 2011-04 2009-04 2007-12 2007-09 2007-06 2013-12 2010-12 2012-04 2004-06 2011-12 2012-04 2013 2013 11 98

2013 12 31 571 XV 2013 A 15 2013 2013 12 31 18 2013 12 3191,487 9,670 1 684 2 25,998 3 13,831 4 9,209 5 7,675 6 6,640 99

2013 12 31 2012 12 31 % 1 60,762 59,813 1.6 2 12,769 12,613 1.2 3 1,531 1,416 8.1 4 9,587 8,044 19.2 5 2,302 2,331 (1.2) 6 4,536 4,927 (7.9) 91,487 89,144 2.6 2013 12 31 2012 12 31 % 1 2,440 2,071 17.8 2 24,155 22,140 9.1 3 24,201 23,025 5.1 4 15,330 16,971 (9.7) 5 25,361 24,937 1.7 91,487 89,144 2.6 1. 2. 2013 1.5686.7 5.4/2013 3. 30.4 100

/ / % 2012 2013 6 21 55 16,495,935,248 82.94 2013A 2013 6 21 31 14,576,626,253 88.39 2013H 2013 6 21 3 1,613,245,207 47.47 AH 2012 2013A 2013H2012 2012 101

1 2012 2 2012 2012 3 2012 2013 4 2012 A 5 2012 / 6 2012 AH 2013 9 1311 7 2013 2013 150 2012 2013 2013 2013 / 7 2012 2013 A 2013H AH 102

5 2013 1 2013 2 22 2 2013 3 22 3 2013 4 26 4 2013 5 31 5 2013 8 23 6 2013 9 27 7 2013 10 25 8 2013 12 23 8 3 2 3 103

2013 / 1 8 7 3 1 1 0 3/3 2 8 8 3 0 0 0 3/3 3 8 8 3 2 0 0 3/3 4 8 8 3 1 0 0 3/3 5 8 8 3 0 0 0 3/3 6 8 8 3 0 0 0 3/3 7 8 8 3 0 0 0 3/3 8 8 8 3 0 0 0 3/3 9 8 8 3 0 0 0 3/3 1. 104

2013 1 2 2013 10 24 2013 2013 12 20 2014 2. 105

106

2013 1 2 3 2013 1 24 2013 3 7 1 < 2012> 2 < 2012 > 3 < 2012 2012 > 2013 3 12 1 2 2012 3 < 2012> 4 2012 5 < > 6 7 < 2012> 8 < 2012 > 9 2012 10 <> 2013 11 < > 12 20142016 <> 13 20142016 < > 14 20142016 <> 1520142016 <> 16A 17 < > 18<2012 > 19 2013 20< 2012> 107

21 AH 22 AH 23<> 24 4 5 6 7 8 9 10 2013 4 19 1 < 2013 > 2 2013 2013 5 14 1 < > 2 2013 8 19 1 2 < 2013 > 3 < > 4 2013 10 18 1 < 2013 > 2 2013 3 2014 2016 < > 4 2013 11 13 1 < 2013> 2 < 2013> 2013 11 26 2013 12 17 1 2014 2 < > 2013 108 1 2013 11 13 2013 20132013

2 2014 3 5 2013 2013 3 2014 3 14 4 2014 3 142013 2013 3. 2013 1 2 2013 3 21 1 2012 2 2012 3 2013 12 21 2014 109

4. 2013 10 2013 1 2013 9 23 5. 110

2013 1 2013 3 21 <2012 > 6 111

1 2013 2 22 2 2013 3 22 3 2013 5 31 4 2013 9 27 5 2013 10 25 6 2013 12 23 1 2013 2 3 20142016 4 20142016 5 2012 6 A 7 2012 8 2012 2014 2016 12013 2013 2 2014 3 14 3 112

2013 5 3 22 1. 2012 2. 2012 3. 2012 4. 2012 5. 6. 7. A 8. 2012 9. 2012 4 26 2013 5 31 8 23 1. 2013 2. 2013 3. 10 25 2013 113

2013 12 23 A 100% 100% 114

2013 12 31 34.00 115

/ / / / / / / 1. / 2013 12 23 93.2100% 100%2013 12 23 H 12 24 A 2013 12 31 (1) 530.3 (2) 986.420.0% 2. / // (1) / / A. 2010 3 12 2011 1 1 2013 12 31 (1) (2) 116

B. 2010 3 12 2011 1 1 2013 12 31 +5% C. 2010 12 20 2011 1 1 2013 12 31 a. b. D. 2013 3 22 2013 1 1 2013 12 31 117

(2) / E. 2010 3 12 2011 1 1 2013 12 31 F. 10% 2010 3 12 2011 1 1 2013 12 31 (a) (b) (c) A D A F 118

(3) / A F /12,726.91 4.5% / / % % A B 17,500.00 5,530.73 3.3 16,000.00 5,218.09 7.1 10,400.00 7,196.18 21.7 10,400.00 3,921.92 2.4 (1) 6,000.53 22.8 3,794.00 2.5 (2) 1,195.65 17.3 127.92 1.4 E F 4,800.00 1,047.56 0.6 9,300.00 4,978.98 26.1 2013 6 212012 <>2013 2013 17,500.00 2013 3 22 H 3 23 2013-012A 119

% C D 1 2,500 2 15,000 1,747.28 3 45,000 22,243.50 4 28,000 17,440.64 5 290 94.64 2.8 6 19,500 600.54 2013 6 212012 < > 201319,500.00 2013290.00 2013 3 22 H 3 23 2013-012) A / / A F (1)(2) (3) A F (1) (2) (3) (4)2013 12 31 120

36 14A 14A 3. 2014-2016 2013 12 31 2013/ / 2014 2015 2016 1 2013.3.22 25,500.00 30,300.00 34,800.00 2013 6 21 2012 24,400.00 31,800.00 38,400.00 2 2013.3.22 16,300.00 19,200.00 22,300.00 12,400.00 12,400.00 12,400.00 3 2013.3.22 12,400.00 12,400.00 12,400.00 2013 3 22 4 5 6 7 8 2013.3.22 240.00 240.00 240.00 2013 3 1 2013.3.22 240.00 240.00 240.00 2013.3.22 240.00 240.00 240.00 2013.3.22 240.00 240.00 240.00 2013.3.22 0.00 0.00 0.00 2013.12.23 0.00 0.00 0.00 2013 12 23 1-3 2013 3 22 H 3 23 2013-012) A4-8 / 2013 10 25 121

9 1 2 3 4 5 2014 2015 2016 2013.3.22 19,500 78,000 26,000 91,000 26,000 104,000 2013 6 21 2012 45,500 58,500 71,500 39,000 58,500 78,000 350 430 520 2013 3 22H 3 23 2013-012) A 4. / 5. 122

6. 623.00 6,262.85 6,885.85 783.28 (40.00) 743.28 783.28 (40.00) 743.28 623.00 6,262.85 6,885.85 86.72 1. 123

2. (1) 2008 8 30 113.9 20 2003 5 16 30.7 11-20 (7.6) 144.6 (1,822.4) - 144.6 0.04% 30.7 70% 144.6 50% - 144.6 1. 2. =/ 124

(2) 144.6 A. 56.61% 2011 2008 14.22% 20082027207.5 2010 12 20 2013 12 31 113.5 16.11,414.9 2013 12 3195% 14.22%16.1 B. 51.0% 20122003 5 16 20%7.707 2021 5 14 2013 12 31 3.01 0.4 0.602 2013 12 31 79% C. 231.7 125

D. 2013 2 22 10.0 E. 70% 366.0 (3) A. 2011 B. 2012 C. 2005 5 24 2005 5 24 126

1. 2013 6 212012 2013 1 201315.47 1.59 2013 2. 2007 A A 0 5% 5% 127

2013 1000 400 300 300 2013 2013 128

2013 2013 e e 2013(Institutional Investor) 129

1 2013-1-3 2 2013-1-4 3 2013-1-4 4 2013-1-5 5 2013-1-11 6 2013-1-12 7 2013-1-12 8 2012 12 2013-1-21 9 2012 12 2013-1-22 10 2013-1-24 11 2013-1-25 12 2013 1 31 2013-1-31 13 2013 1 2013-2-22 14 2013-2-22 15 2013 1 2013-2-23 16 2013-2-23 17 2013 2 28 2013-3-1 18 2013-3-11 19 2013 2 2013-3-15 20 2013 2 2013-3-16 21 2013-3-22 22 2013-3-22 23 2013-3-22 24 2013-3-22 25 2013-3-22 26 2013-3-22 130

27 2012 12 31 2013-3-22 28 2012 2013-3-23 29 2013-3-23 30 2012 2013-3-23 31 2013-3-23 32 2012 2013-3-23 33 2013-3-23 34 2012 2013-3-23 35 2012 2013-3-23 36 2012 2013-3-23 37 A 2013-3-23 38 2013-3-23 39 2013-3-23 40 2013-3-23 41 2013-3-23 42 2012 2013-3-23 43 2013-3-23 44 2013-3-23 45 2013-3-24 46 2013-3-24 47 2013-3-24 48 2013-3-24 49 2012 2013-3-24 50 2012 2013-3-24 51 2013 3 31 2013-4-1 52 2013-4-8 53 2013-4-9 54 2013-4-9 55 2013 AAH 2013-4-9 131

56 57 2013-4-9 2013-4-9 58 H 2013-4-10 59 2013-4-16 60 2013 3 2013-4-17 61 2013 3 2013-4-18 62 2013 2013-4-26 63 2013H 2013-4-26 64 2013-4-26 65 2013-4-26 66 2013-4-26 67 2013-4-26 68 2013-4-26 69 2013-4-26 70 2013H 2013-4-26 71 2013H 2013-4-26 72 2013-4-27 73 2013A 2013-4-27 74 2012 2013-4-27 75 2013 4 30 2013-5-2 76 2013 4 2013-5-15 77 2013 4 2013-5-16 78 2013 5 31 2013-5-31 79 2013-5-31 80 2013-5-31 81 2013A 2013-6-1 82 2012 2013-6-1 83 (2013 2013-6-1 84 2013-6-1 85 2013-6-1 86 2013-6-1 132

87 2013-6-1 88 2013 5 2013-6-17 89 2013 5 2013-6-18 90 2012 2013A 2013 H 2013-6-21 91 2013-6-21 92 2013-6-21 93 2013-6-21 94 2013-6-22 95 2012 2013A 2013H 2013-6-22 96 (2013 2013-6-22 97 2013A 2013H 2013-6-22 98 2012 2013-6-22 99 2013-6-27 100 2012 2013-6-28 101 2013 6 30 2013-7-2 102 2013 6 2013-7-16 103 2013 6 2013-7-17 104 2013 7 31 2013-8-1 105 2013-8-13 106 2013 7 2013-8-19 107 2013 7 2013-8-20 108 2013-8-23 109 2013-8-23 110 2013 2013-8-23 111 2013 6 30 2013-8-23 112 2013 2013-8-24 113 2013-8-24 114 2013-8-24 115 2013-8-24 116 2013-8-24 133

117 2013 2013-8-25 118 2013 8 31 2013-9-2 119 2013-9-5 120 2013-9-5 121 2013 8 2013-9-12 122 2013-9-12 123 2013 8 2013-9-13 124 2013-9-13 125 2013-9-16 126 2013-9-16 127 2013 2013-9-17 128 2013-9-17 129 2013-9-26 130 2013-9-27 131 2013-9-27 132 2013-9-27 133 2013-9-27 134 2013-9-28 135 2013-9-28 136 2013 9 30 2013-9-30 137 2013-10-15 138 2013 9 2013-10-16 139 2013 9 2013-10-17 140 2013-10-18 141 2013-10-19 142 2013-10-23 143 2013-10-24 144 2013-10-25 145 2013-10-25 146 2013-10-25 147 2013-10-25 148 2013 2013-10-25 134

149 2013 2013-10-25 150 2013-10-26 151 2013 2013-10-26 152 2013-10-26 153 2013-10-26 154 2013-10-26 155 2013 10 31 2013-10-31 156 2013-11-11 157 2013 2013-11-12 158 2013 10 2013-11-15 159 2013 10 2013-11-16 160 2013 11 30 2013-12-2 161 2013-12-2 162 2013-12-3 163 2013-12-16 164 2013-12-17 165 2013 11 2013-12-17 166 2013 11 2013-12-18 167 2013-12-19 168 2013-12-20 169 2013-12-23 170 2013-12-23 171 2013-12-23 172 2013-12-24 173 2013-12-24 174 2013-12-24 175 2013-12-24 176 2013-12-24 135

177 178 179 2013-12-24 2013-12-24 2013-12-24 180 2013-12-24 181 2013-12-26 182 2013-12-26 www.hkex.com.hkwww.sse.com.cn 136

審計報告 財務報表 137

審計報告 138

2013 12 31 2013 2012 1 46,272 61,739 2 495 719 3 5,178 908 4 22,043 19,092 5 4,494 3,038 6 3,156 4,879 7 17,641 15,722 8 22,129 7,181 121,408 113,278 9 5,835 5,579 10 240,418 225,820 11 74,577 61,045 12 1,488 692 13 33,450 33,818 3,306 3,176 14 2,350 2,260 15 24,842 22,306 386,266 354,696 507,674 467,974 139

2013 12 31 2013 2012 17 28,155 21,854 18 9,982 19 1,401 523 20 36,399 31,109 21 4,601 4,584 22 4,222 3,921 23 5,799 10,901 411 367 2,537 2,510 24 27,343 24,239 25 10,659 7,073 131,509 107,081 26 37,084 39,624 27 4,958 28 1,867 9,158 29 1,973 1,921 14 746 800 46,628 51,503 178,137 158,584 140

2013 12 31 2013 2012 30 19,890 19,890 31 77,686 87,141 32 3,598 5,121 33 11,433 11,433 34 159,807 135,376 (52) 734 272,362 259,695 57,175 49,695 329,537 309,390 507,674 467,974 139 262 141

2013 12 31 2013 2012 1 37,930 43,955 2 106 324 314 76 2 8,649 5,728 907 200 2,533 3,967 3 7,580 9,776 4 5,789 5,705 46,614 41,993 110,422 111,724 5 100,461 81,440 6 40,708 48,278 7 8,885 6,726 758 181 8 13,209 13,791 1,987 2,023 9 411 757 10 36,450 17,086 202,869 170,282 313,291 282,006 142

2013 12 31 2013 2012 11 29,180 23,060 18 9,982 12 9,078 8,951 52 68 13 2,180 2,130 2,291 3,183 179 65 2,739 3,679 14 857 1,157 24,901 63,231 81,439 105,524 15 4,554 4,972 27 4,958 16 1,285 1,578 1,051 988 11,848 7,538 143

2013 12 31 2013 2012 93,287 113,062 30 19,890 19,890 78,994 82,918 2,403 3,819 33 11,433 11,433 107,284 50,884 220,004 168,944 313,291 282,006 139 262 144

2013 12 31 2013 2012 35 283,797 254,575 35 187,713 162,734 36 4,845 4,772 37 1,031 881 38 18,128 16,241 39 2,101 2,422 40 488 113 41 (156) (14) 42 820 534 595 448 70,155 67,932 43 556 835 44 943 663 579 197 69,768 68,104 45 14,061 11,552 55,707 56,552 986 929 45,678 48,506 10,029 8,046 46 2.297 2.439 47 (802) 80 54,905 56,632 44,892 48,580 10,013 8,052 139 262 145

2013 12 31 2013 2012 17 54,538 49,801 17 35,744 34,381 1,634 1,490 8 2 6,600 5,718 1,049 55 31 (150) (16) 18 69,028 10,481 375 224 78,381 18,589 118 130 196 130 6 4 78,303 18,589 2,809 1,658 75,494 16,931 75,494 16,931 139 262 146

2013 12 31 2013 2012 312,789 284,428 2,019 3,336 1,220 989 69 118 12,529 7,548 328,626 296,419 (187,161) (153,924) (10,377) (30) (597) (326) (18,823) (17,528) (50,746) (43,707) (6,634) (6,293) (274,338) (221,808) 48(1) 54,288 74,611 309 112 1,490 902 167 515 3,789 4,033 498 5,755 6,060 (51,665) (54,629) (1,072) (236) (1,687) (1,109) (4,497) (518) (2,015) (53,528) (63,900) (47,773) (57,840) 147

2013 12 31 2013 2012 2,860 3,959 150 68,608 36,109 71,468 40,218 (51,439) (36,075) (30,487) (26,688) (5,046) (4,767) (9,338) (4,324) (91,264) (67,087) (19,796) (26,869) (24) 3 48(1) (13,305) (10,095) 51,637 61,732 48(2) 38,332 51,637 139 262 148

2013 12 31 2013 2012 43,605 32,882 9 5,034 4,951 48,648 37,833 (31,068) (25,559) (7,017) (6,600) (10,014) (10,412) (2,303) (2,723) (50,402) (45,294) 19(1) (1,754) (7,461) 45,104 33,872 20,005 5,452 98 72 158 2,825 65,207 42,379 (11,647) (19,637) (67,208) (56,570) (9,323) (4,324) (580) (8) (88,766) (80,531) (23,559) (38,152) 149

2013 2012 331,313 270,481 331,313 270,481 (291,845) (211,686) (20,768) (18,565) (312,613) (230,251) 18,700 40,230 19(2) (6,613) (5,383) 43,789 49,172 19(3) 37,176 43,789 139 262 150

2013 12 31 2012 1 1 19,890 84,513 4,580 11,433 104,453 660 225,529 39,750 265,279 5,182 11 551 5,744 5,744 2012 1 1 19,890 89,695 4,591 11,433 105,004 660 231,273 39,750 271,023 48,506 48,506 8,046 56,552 74 74 6 80 48,506 74 48,580 8,052 56,632 1 6 6 6 12 2 150 150 150 3 5,395 5,395 4 (2,710) (2,710) (2,710) 5 1,579 1,579 1 152 (152) 2 34 (17,901) (17,901) (17,901) 3 (81) (81) (81) (162) 4 (5,034) (5,034) 1 32 4,264 4,264 543 4,807 2 32 (3,886) (3,886) (515) (4,401) 2012 12 31 19,890 87,141 5,121 11,433 135,376 734 259,695 49,695 309,390 151

2013 12 31 2013 1 1 19,890 87,141 5,121 11,433 135,376 734 259,695 49,695 309,390 45,678 45,678 10,029 55,707 (786) (786) (16) (802) 45,678 (786) 44,892 10,013 54,905 1 1 2 3 (18) (15) 2 17 17 2,843 2,860 3 (9,323) (9,323) (9,323) 1 127 (127) 2 34 (19,094) (19,094) (5,172) (24,266) 3 (2,026) (2,026) (2,026) 1 32 4,656 4,656 534 5,190 2 32 (6,308) (6,308) (709) (7,017) (150) (150) (11) (161) 2013 12 31 19,890 77,686 3,598 11,433 159,807 (52) 272,362 57,175 329,537 139 262 152

2013 12 31 2012 1 1 19,890 83,160 3,466 11,433 51,854 169,803 16,931 16,931 1 (242) (242) 1 34 (17,901) (17,901) 1 3,207 3,207 2 (2,854) (2,854) 2012 12 31 19,890 82,918 3,819 11,433 50,884 168,944 2013 1 1 1 2 1 34 1 2 2013 12 31 139 262 153

2013 12 31 2004 11 8 2003 12 31 186.122004 11 6 [2004]1010 [2004]1011 80.5949% 1501.00 36.12 2005 3,089,620,455 H1.00 7.50 308,962,0451.00 H 3,398,582,500H 2007 1,800,000,000 A 1.00 36.99 A C4 C5 154

2013 12 31 1. 2014 12 93033 3940 2010 15 9) 2. 2013 12 31 2013 3. 1 1 12 31 4. 8) 155

2013 12 31 5. (1) (2) 18) 6. 156

2013 12 31 6. 7. 157

2013 12 31 8. 16) 9. (1) 158

2013 12 31 9. (1) 22) 159

2013 12 31 9. (2) (3) (4) 160

2013 12 31 9. (5) (a) (b) (c) (d) (e) (f) 10 (6) 161

2013 12 31 10. 11. (1) (2) 162

2013 12 31 11. (3) (4) 12. (1) (a) (b) 163

2013 12 31 12. (2) (a) 6 (b) 12(3) 164

2013 12 31 12. (2) (b) (c) (3) 165

2013 12 31 12. (4) 20 13. (1) 14 166

2013 12 31 13. (2) 19) 10-50 5-20 20 40-45 10-25 10-20 5-20 (3) 20 (4) 167

2013 12 31 14. 20) 15. 13) 14)17) 168

2013 12 31 16. 3 169

2013 12 31 17. 20) 3050 (1) (2) (3) (4) (5) 18. 20) 170

2013 12 31 19. 20. 171

2013 12 31 20. 21. 22. 23. 172

2013 12 31 24. (1) (2) 25. (a) (b) (c) (d) 173

2013 12 31 26. (1) (2) 27. 174

2013 12 31 28. (1) (2) 175

2013 12 31 28. (2) 2013 6 18 2013 29. 30. 176

2013 12 31 31. (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) 177

2013 12 31 31. (l) 5% (m) 5% (n) 1212 (a) (c) (l) (o) 1212 (h) (i) (m) (p) (h) (i) (m) (o) 32. 178

2013 12 31 32. 33. 41%59% 2 19% 40% 1 179

2013 12 31 33. (1) 10 (2) 20 (3) 13 17 2013 1 1 180

2013 12 31 33. (3) JORC (JORC 2004 12 (4) 23 (5) / 34. 2014 12 1 181

2013 12 31 1. 11% 17% 3% 5% 5% 7% 3.2 / 15%-30% 2 25% 30% 30% 25% 20% 20% 16.5% 182

2013 12 31 2. 20132012 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i 15% i i [2010]11 20112 201212 2012201320112020 15% 2013 10 12020 15% 183

2013 12 31 1. (1) / * * * * 1,705 1,967 100% 3,846 1,962 51% 400 350 63 1,900 100% 350 100% 316 70% * 1,561 1,032 41% 1,992 1,992 100% * 2,513 2,282 90% * 4,710 4,004 85% * 2,730 2,415 88% * 4,500 3,311 100% * * 2,100 2,100 100% * 184

2013 12 31 1. (2) / * * * * * * * * * 7,102 4,120 58% 4,548 5,021 100% 1,169 1,220 57% 2,247 1,369 63% 2,278 1,570 70% 4,010 3,430 70% 3,024 15,018 100% 4,500 3,600 80% 3,255 1,986 60% 4,029 2,619 65% 1,834 935 51% * 2,000 1,153 50% * 5,880 3,914 53% * 2,183 2,495 88% * 4,942 3,378 70% * * 5,000 5,000 100% * 5,132 5,132 100% * 185

2013 12 31 1. (3) / * * 3,991 2,152 2,326 51% 1,651 51% * 2. 2013 (1) 2013 12 23 100% 2013 12 31 93.23 2013 12 31 186

2013 12 31 2. (2) 2013 12 31 2013 12 31 956 12,569 13,525 5,392 2,583 7,975 5,550 5,550 9,323 3,773 (3) 2013 5,990 4,708 1,261 986 2,097 (544) (1,446) 107 187

2013 12 31 1. 2013 2012 2 6 2 6 45,368 60,778 122 748 62 389 3 2 46 37 22 122 47 310 25 5 929 191 49,630 25 43,121 28 46,270 61,733 46,272 61,739 2013 12 31 6,6482012 6,130 2013 12 31 1,2922012 3,972 20132012 12 31 2. 2013 2012 389 395 106 324 495 719 2013 12 312012 12 31 188

2013 12 31 3. 2013 2012 4,877 908 301 5,178 908 2013 12 31237 5%5% 4. (1) 2013 2012 2,225 1,205 19,866 17,980 22,091 19,185 48 93 22,043 19,092 16 189

2013 12 31 4. (1) 2013 2012 70 6.0969 425 42 6.2855 263 (2) 2013 2012 21,810 18,990 159 67 67 20 55 108 22,091 19,185 48 93 22,043 19,092 (3) 5%5% 2013 2012 11 18 190

2013 12 31 4. (4) 2013 12 31 (%) 1,323 6 717 3 664 3 643 3 577 3 3,924 18 5. (1) 2013 2012 4,287 2,965 151 67 53 2 3 4 4,494 3,038 191

2013 12 31 5. (2) 2013 12 31 (%) SUEK AG 300 6 2013 202 4 2013 200 4 2013 92 2 2013 87 2 2013 881 18 (3) 5%5% 2013 2012 2 2 6. (1) 2013 2012 322 2,226 2,977 2,870 3,299 5,096 143 217 3,156 4,879 16 192

2013 12 31 6. (2) 2013 2012 2,635 4,508 295 225 62 33 307 330 3,299 5,096 143 217 3,156 4,879 (3) 5%5% 2013 2012 99 587 193

2013 12 31 7. 2013 2012 5,246 4,714 11,465 10,704 1,962 1,300 18,673 16,718 1,032 996 17,641 15,722 16 8. 2013 2012 i 13,830 4,454 ii 30 40 8,475 2,756 22,335 7,250 206 69 22,129 7,181 i: 2013 12 31 5.40% 5.90% 20125.40% 5.90% ii: 2013 12 31 5.6% 20126.77% 16 194

2013 12 31 9. (1) 2013 2012 4,878 4,622 1,583 1,583 6,461 6,205 626 626 5,835 5,579 16 (2) / % * * 272 1,182 (37) 1,145 21 155 3,422 954 115 1,069 20 197 1,786 269 32 301 20 1,433 387 30 417 25 13 360 269 2 271 44 21 1,139 271 18 289 25 * (3) 195

2013 12 31 10. 43,385 8,979 57,223 126,595 72,380 1,536 10,122 11,703 331,923 (227) (17) (2) (246) 786 604 1,289 1,576 706 342 5,303 2,731 316 3,605 2,626 14,598 3,210 1,957 1,271 30,314 (32) (88) (749) (1,010) (1) (62) (1,942) (3,242) (3,242) 46,643 9,899 62,029 126,789 86,674 4,746 12,078 13,252 362,110 10,903 3,024 26,370 33,555 22,433 212 1,456 6,872 104,825 (1) (1) (2) (4) 1,976 800 5,406 6,263 1,895 199 672 1,348 18,559 (10) (40) (423) (598) (1) (43) (1,115) (2,009) (2,009) 12,868 3,824 31,736 37,385 23,730 411 2,127 8,175 120,256 112 2 319 794 17 34 1,278 2 185 187 (18) (11) (29) 114 2 319 961 17 23 1,436 33,661 6,073 29,974 88,443 62,927 4,335 9,951 5,054 240,418 32,370 5,953 30,534 92,246 49,930 1,324 8,666 4,797 225,820 2013 12 31 2013 12 31 5,3342012 5,936 2013 12 31 2013 12 312,1602012 2,554 16 196

2013 12 31 11. (1) 2013 2012 61,045 34,029 42,748 41,377 826 1,233 (30,314) (15,187) 74,712 61,045 135 74,577 61,045 2013 12 31 (2) (%) 13,177 6,175 3,521 9,696 74% 10,891 6,216 2,604 8,820 81% * 7,818 5,348 5,107 3,855 840 806 5,947 4,661 76% 87% 4,724 2,714 864 3,578 76% 5,500 7,730 418 1,069 2,556 1,508 2,975 2,576 54% 33% 2,130 1,197 810 2,007 94% 8,000 7,003 275 57 1,120 1,316 1,395 1,373 17% 20% 3,677 722 1,363 712 1,373 37% 3,357 1,131 819 701 1,249 37% * 197

2013 12 31 12. 2013 2012 487 180 914 211 86 224 13 77 1,500 692 12 1,488 692 13. 16,093 19,980 4,152 40,225 (3) (428) (431) 517 715 1,232 119 (119) (11) (11) 16,599 20,096 4,320 41,015 1,982 3,963 448 6,393 360 619 179 1,158 4 (4) 2,342 4,586 623 7,551 14 14 14,243 15,510 3,697 33,450 14,097 16,017 3,704 33,818 198

2013 12 31 13. 2013 12 31 1,829 2012 2,843 16 14. / / / / 2013 2013 2012 2012 2,765 476 2,258 364 2,259 468 2,285 474 (2,172) (521) (2,133) (533) (1,332) (333) (1,426) (357) (1,878) (278) (1,821) (341) 949 237 744 186 2,727 548 1,545 305 1,097 229 1,163 237 1,234 182 1,114 167 3,822 585 5,757 880 (688) (172) (716) (179) 821 183 1,159 257 9,604 1,604 9,929 1,460 2013 2012 2,350 2,260 (746) (800) 1,604 1,460 199

2013 12 31 14. 2013 2012 2,182 2,511 533 480 2,715 2,991 15. 2013 2012 10,300 8,583 9,500 9,500 i 3,507 2,507 ii 627 657 962 951 146 24,896 22,344 54 38 24,842 22,306 16 i 2013 12 31 5.54% 5.90% 20125.76% 6.35% ii 2013 12 31 6.40% 20126.40% 6.77% 200

2013 12 31 16. 4 93 36 (39) (42) 48 6 217 22 (91) (5) 143 7 996 73 (37) 1,032 8 69 137 206 9 626 626 10 1,278 187 (29) 1,436 11 135 135 12 12 12 13 14 14 15 38 16 54 3,331 618 (130) (113) 3,706 17. 2013 2012 27,953 21,807 i 5 ii 202 42 28,155 21,854 i ii 2013 12 312012 12 31 2013 201

2013 12 31 18. 2013 2012 9,982 2013 9 13 100 100 100 2014 6 11 4.63%2013 12 31 1.33 19. 20. 20132012 12 31 2013 2012 2 5.4301 10 3 6.5363 21 203 6.0969 1,235 106 6.2855 664 1 8.4189 5 2 8.3176 13 1 0.7862 1 4 0.8109 3 1,251 701 5%5% 2013 2012 5 202

2013 12 31 21. 20132012 12 31 5%5% 22. 1,639 12,005 11,986 1,658 1 1,659 1,658 2 332 763 666 429 166 1,789 1,769 186 538 750 681 607 34 87 85 36 31 126 126 31 6 35 27 14 78 1,100 1,089 89 650 2 6 646 395 541 455 481 51 267 275 43 3,921 19,124 18,823 4,222 23. 2013 2012 1,027 2,381 144 152 2,221 4,697 88 358 86 198 43 202 635 785 125 122 238 331 / 584 809 608 866 5,799 10,901 203

2013 12 31 24. 2013 2012 20,963 18,944 797 737 178 153 5,405 4,405 27,343 24,239 2013 12 31 0.39% 1.49% 20120.39% 1.53% 20132012 12 31 5%5% 2013 2012 11,238 10,526 25. 2013 2012 10,348 6,249 311 824 10,659 7,073 204

2013 12 31 25. (1) 2013 2012 8,698 3,521 i 437 353 ii 544 2,272 iii 669 103 10,348 6,249 i ii iii 10) 2013 2012 9 6.0969 55 21 6.2855 132 5,656 0.0578 327 5,656 0.0730 413 382 545 2013 12 31 2013 2012 (%) 2013-12-30 2014-7-6 3.60 4,000 2004-3-20 2014-3-20 5.96 355 670 2007-11-30 2014-12-21 5.90 156 156 2013-2-22 2014-5-19 5.90 137 2002-6-10 2014-6-9 5.90 130 160 4,778 986 205

2013 12 31 25. (2) 2013 2012 i 290 182 )ii 539 21 103 311 824 i ii 2013 2013 12 31 26. 2013 2012 27,708 27,697 i 3,172 2,888 ii 3,966 7,057 iii 2,238 1,982 37,084 39,624 i ii iii 10) 206

2013 12 31 26. 2013 2012 5,152 8,882 3,357 4,320 28,575 26,422 37,084 39,624 2013 2012 * 2031 3 20 3.27% 7.12% 41,631 39,209 2023 6 22 LIBOR+0.25% LIBOR+2.80% 2,453 2,028 2017 6 22 2.50% 141 168 2031 3 20 1.80% 2.60% 3,207 4,468 47,432 45,873 25(1)) 10,348 6,249 37,084 39,624 * 2013 12 31 2,1742012 613 2013 12 31 65,2422012 85,4032013 12 3128,0572012 42,461 207

2013 12 31 26. 2013 2012 393 6.0969 2,398 302 6.2855 1,896 49,913 0.0577 2,880 55,510 0.0730 4,055 17 8.4189 141 20 8.3176 168 5,419 6,119 2013 12 31 2013 (%) 2013-12-30 2015-3-17 4.37 2,000 2013-6-1 2028-6-25 5.90 1,800 2007-12-26 2026-12-31 6.12 1,578 1,578 2013-6-27 2016-6-24 5.54 1,500 2009-10-9 2023-4-9 LIBOR+2.80 228 1,390 232 1,456 8,268 3,034 2012 27. 2013 2012 4,958 2013 11 7 100 50 5052018 11 11 5.49% 5.69% 0.38 208

2013 12 31 28. 2013 2012 25(2) 1,422 1,847 25(2) 6,585 445 726 1,867 9,158 2012 12 31 25 (2) ii)libor+0.7% 3.6% 4.37% 5%5% 2013 2012 6,000 29. 2013 12 31 2013 2012 1,921 1,724 105 129 124 (77) (32) 1,973 1,921 209

2013 12 31 30. 2013 2012 (1) 180 (2) A 16,491 16,311 H 3,399 3,399 19,890 19,890 2004 11 8[2004]1011 186.12 80.5949%150 1.00 36.12 2004 12 31 150 2005 3,089,620,455 H1.00 7.50 308,962,0451.00 H 2007 1,800,000,000 A 1.00 36.99 2004 11 6 2006 3 102007 9 28KPMG-A(2004) CRNo.0071 KPMG-A(2006)CRNo.0007 KPMG-A(2007)CRNo.0030 2009 6 19[2009]94 200963 1.8A A10% 2013 10 9A AH 210

2013 12 31 31. i 86,594 (9,323) 77,271 547 18 (150) 415 87,141 18 (9,473) 77,686 i 32. (a) 2013 2012 4,784 4,406 4,656 4,264 (6,308) (3,886) 3,132 4,784 (b) 211

2013 12 31 33. (1) 10%50% 200950% 2010 1 1 25% (2) 2013 12 31 34. (1) 2012 5 25 2011 12 31 0.90 179.012012 67 2013 6 21 2012 12 31 0.96 190.942013 78 (2) 2013 12 31 14,8482012 10,908 212

2013 12 31 35. (1) 2013 2012 167,399 165,989 77,423 71,096 6,078 5,403 5,463 4,084 256,363 246,572 27,434 8,003 283,797 254,575 2013 (%) 12,457 4.4% 12,183 4.3% 9,221 3.3% 8,056 2.8% 5,734 2.0% 47,651 16.8% 213

2013 12 31 35. (2) 2013 2012 73,876 69,685 21,857 20,398 11,347 10,652 18,928 18,411 18,948 17,481 42,757 26,107 187,713 162,734 1(3) 36. 2013 2012 1,222 1,133 1,030 1,018 1,277 1,235 1,146 1,111 170 275 4,845 4,772 1 37. 214

2013 12 31 38. 39. 2013 2012 4,544 4,242 (859) (620) (685) (692) (899) (508) 2,101 2,422 3.6% 6.3% 20123.3% 7.2%) 40. 2013 2012 (72) 22 73 3 137 43 187 23 135 12 16 22 488 113 215

2013 12 31 41. 2013 2012 (150) (16) (6) 2 (156) (14) 42. 2013 2012 1 1 595 448 18 18 152 54 67 820 534 43. 2013 2012 26 56 259 314 41 44 48 82 182 339 556 835 2013 2012 69 118 178 97 12 99 259 314 216

2013 12 31 44. 2013 2012 579 197 34 105 29 28 301 333 943 663 45. 2013 2012 13,675 11,202 530 244 (144) 106 14,061 11,552 217

2013 12 31 45. 2013 2012 69,768 68,104 25%25%)i 17,442 17,026 i (4,264) (4,728) ii 776 268 (114) (55) (149) (112) (273) (71) 204 201 530 244 (1,112) (91) (109) 14,061 11,552 i 2 1 25% ii 218

2013 12 31 46. 2013 / 2012 / 45,678 48,506 19,890 19,890 2.297 2.439 2013 2012 19,890 19,890 47. 2013 2012 (802) 80 219

2013 12 31 48. (1) (a) 2013 2012 55,707 56,552 488 113 18,559 18,335 1,158 1,154 464 763 (26) (56) 579 197 (1,827) 406 156 14 2,101 2,422 (820) (534) (144) 106 (1,992) (1,919) (23,744) (7,430) 3,629 4,488 54,288 74,611 (b) 2013 2012 38,332 51,637 51,637 61,732 (13,305) (10,095) (2) 2013 2012 2 6 38,330 51,631 38,332 51,637 220

2013 12 31 1. 22 38,996,841,000 73.01% 10001826-7 2. 3. 9 4. 221

2013 12 31 5. (1) 2013 2012 16 9 2 1 18 10 (1) (2) 2013 2012 2013 2012 (a) 766 551 186 110 (b) 45 51 2,416 2,219 (c) 594 648 129 159 (d) 2,053 2,091 4,173 4,244 (e) 876 3,124 2,470 (f) 76 242 1,150 838 (g) 619 441 10,235 7,479 (h) 73 24 77 180 (i) 5,406 4,478 36,784 33,714 (j) 7,038 4,175 870 1,066 (k) 21 42 55 76 (l) 8 37 45 278 (m) 12 20 10 (n) 1,741 1,841 1,519 3,711 (o) 2,913 4,379 (p) 3,017 3,073 1,360 1,235 (q) 14,461 12,763 (r) 4,085 12,733 (s) 40 54,128 47,143 (t) 80 30 44,026 37,956 (u) 2,019 3,335 (v) (38,330) (14,830) (w) 1,822 (x) 6,286 200 8,034 3,370 (y) 23 1,830 7,470 3,250 222

2013 12 31 5. (2) (a) 2013 100.00% 2012100.00%) 24.64% 201219.89%) (b) 2013 83.33% 201275.00%) 94.08% 2012100.00%) (c) 2013 13.07% 2012 15.28% 7.11% 201222.05%) (d) 2013 1.93% 20125.18% 66.09% 201211.26%) (e) (f) 223

2013 12 31 5. (2) (g) 2013 10.18% 20128.16% 93.65% 201278.97%) (h) 2013 0.38% 20120.14%) 5.88% 201212.04%) (i) 2013 3.23% 2012 2.70% 99.91% 201299.92%) (j) 2013 8.64% 2012 5.42%100.00% 2012100.00%) (k) (l) 2013 0.09% 20120.46% 1.10% 20128.29%) 224

2013 12 31 5. (2) (m) (n) 2013 3.73% 20124.39% 12.18% 201227.72%) (o) (p) (q) (r) (s) (t) (u) (v) (w) 1 (x) (y) 225

2013 12 31 6. 2013 2012 % % 389 78.59 395 54.94 2,225 10.09 1,205 6.31 11 0.24 150 4.94 i 321 10.17 2,103 43.10 i 13,654 61.70 4,425 61.62 i 4,113 16.56 3,202 14.35 (112) 0.40 (10) 0.05 (2,216) 6.09 (1,318) 4.24 (247) 5.37 (378) 8.25 (144) 35.04 (208) 56.68 ii (4) 0.16 (100) 3.98 (21,539) 78.77 (19,166) 79.07 (4,600) 43.16 (539) 7.62 (2,174) 5.86 (613) 1.55 (6,000) 65.52 2013 2012 % % 15,756 41.54 11,258 25.61 8,457 97.78 5,432 94.83 145 15.99 43 21.50 2,533 100.00 3,967 100.00 7,239 95.50 9,559 97.78 44,482 95.43 41,599 99.06 25,408 69.71 4,797 28.08 (4,360) 14.94 (3,970) 17.22 (3,521) 38.79 (1,445) 16.14 (3) 1.68 (19) 29.23 (258) 9.42 (1,892) 51.43 (24,901) 100.00 (63,231) 100.00 (174) 3.82 i 2013 12 31 2612012 230 ii 226

2013 12 31 7. (1) 5% (2) (3) (4) (5) 227

2013 12 31 7. (6) 0.7% (7) 5% (8) 2005 11 19 2005 6 15 1 H 6 2 3 4 100% H 228

2013 12 31 Black-Scholes H 2012 12 31 33.8 2013 12 31 20132012 1 2013 2012 1.5 2.0 (0.3) (1.5) (0.2) 1.5 1. (1) 2013 12 31 20% 201 602012 207 68 (2) 2013 12 31 2012 12 31 366 232 1,456 229

2013 12 31 2. 3. (i) (ii)(iii)(iv) (v) 1. 12 31 2013 2012 2013 2012 26,691 31,127 4,499 3,962 31,464 32,399 6,455 5,108 44 44 58,155 63,570 10,954 9,114 236,289 215,288 176,391 26,168 54,172 97,466 7,873 26,154 290,461 312,754 184,264 52,322 348,616 376,324 195,218 61,436 230

2013 12 31 2. 12 31 2013 2012 2013 2012 21 90 2 60 2 30 1 10 16 10 10 82 33 33 218 3 113 2014 3 280.91 18,100 1. (1) (a) 231

2013 12 31 1. (1) (b) (i) (ii) (iii) (iv) (v) (vi) (2) 232

2013 12 31 1. (3) 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 192,176 170,381 78,436 71,776 3,278 3,051 159 124 3,045 2,609 5,990 5,907 713 727 283,797 254,575 37,166 36,216 472 487 26,691 21,955 3,579 2,918 2,042 1,711 716 266 (70,666) (63,553) 229,342 206,597 78,908 72,263 29,969 25,006 3,738 3,042 5,087 4,320 5,990 5,907 1,429 993 (70,666) (63,553) 283,797 254,575 (181,629) (152,113) (54,476) (54,460) (11,145) (10,039) (1,581) (1,613) (4,672) (3,680) (3,865) 4,112 69,655 63,283 (187,713) (162,734) i 36,747 44,390 18,459 12,868 13,590 10,283 1,649 848 317 533 1,514 1,131 262 24 (946) (243) 71,592 69,834 36,830 44,250 17,002 10,825 13,875 10,427 1,479 703 369 666 1,262 855 (225) 797 (824) (419) 69,768 68,104 471 484 2,025 2,557 244 314 265 173 9 22 268 307 1,538 338 (1,135) (573) 3,685 3,622 8,237 7,935 7,781 8,090 2,561 2,367 620 705 101 95 792 985 89 75 20,181 20,252 8,564 15,632 11,078 6,596 19,271 24,194 5,680 4,359 2,352 1,302 449 1,332 606 384 48,000 53,799 ii 119 206 438 208 11 7 27 27 595 448 iii 218,552 254,334 178,457 153,302 104,061 83,411 20,709 16,442 8,114 5,394 13,340 14,720 320,868 292,441 (356,427) (352,070) 507,674 467,974 iii (115,964) (124,916) (106,656) (99,680) (54,601) (43,349) (10,877) (8,161) (2,643) (1,082) (7,780) (8,165) (136,512) (170,300) 256,896 297,069 (178,137) (158,584) i ii iii 233

2013 12 31 1. (4) (a) 2013 2012 2013 2012 277,717 252,120 374,271 342,767 6,080 2,455 5,565 6,359 283,797 254,575 379,836 349,164 (b) 10% 2. 9 234

2013 12 31 2. (1) (a) 4 20 25 26 2013 12 3110% 440141 2012 524229 2012 26) 26) 235

2013 12 31 2. (1) (a) 2013 12 31 1000.01% 3795542012466 340 2013 12 31 100274 622012323 13 2012 (b) 2013 12 31 1 236

2013 12 31 2. (1) (b) (c) 237

2013 12 31 2. (1) (c) 1 2013 1 2 2 5 5 46,272 46,435 46,435 30,377 30,377 30,377 13,654 14,609 14,609 4,080 5,287 243 950 3,317 777 94,383 96,708 91,664 950 3,317 777 75,587 89,050 46,736 6,902 16,672 18,740 74,071 74,072 69,263 298 4,087 424 14,940 16,716 10,617 275 5,824 164,598 179,838 126,616 7,475 26,583 19,164 261 238

2013 12 31 2. (1) (c) 2012 1 1 2 2 5 5 61,739 61,957 61,957 24,879 4,425 24,879 4,738 24,879 4,738 3,126 4,042 388 307 1,759 1,588 94,169 95,616 91,962 307 1,759 1,588 67,727 78,190 31,419 11,020 14,884 20,867 71,823 72,261 67,573 2,556 1,466 666 139,550 150,451 98,992 13,576 16,350 21,533 275 2013 1 1 2 2 5 5 37,930 19,076 38,063 19,076 38,063 19,076 46,614 46,674 46,674 25,408 27,561 558 3,938 23,065 129,028 131,374 104,371 3,938 23,065 34,344 40,316 36,295 40,316 30,991 39,079 403 232 2,526 613 2,375 392 14,940 16,716 10,617 275 5,824 89,600 93,327 80,687 910 8,963 2,767 239

2013 12 31 2. (1) (c) 1 2012 1 2 2 5 5 43,955 44,109 44,109 19,547 19,547 19,547 41,993 42,111 42,111 4,029 4,691 140 310 4,241 109,524 110,458 105,907 310 4,241 29,050 30,780 25,269 933 1,354 3,224 79,704 79,704 78,195 272 641 596 108,754 110,484 103,464 1,205 1,995 3,820 1,822 (2) 1 2 3 240

2013 12 31 2. (2) (a) / Black-Scholes 241

2013 12 31 2. (2) (b) 20132012 12 31 2013 12 31 2012 12 31 17,142 16,860 14,912 13,606 4,958 4,878 22,100 21,738 14,912 13,606 3. 2(1) 242

2013 12 31 1. 2013 2012 1 5 1 5 22,173 32,692 38 22,173 32,692 15,756 11,258 15,756 11,258 37,930 43,955 2013 12 31 1742012 166 20132012 12 31 243

2013 12 31 2. (1) 2013 2012 8,178 4,975 279 457 195 299 8,652 5,731 3 3 8,649 5,728 (2) 2013 2012 8,361 5,710 285 17 2 4 4 8,652 5,731 3 3 8,649 5,728 (3) 2013 12 31 % 4,698 54 1,104 13 1,074 12 241 3 213 2 7,330 84 244

2013 12 31 3. (1) 2013 2012 7,085 9,007 154 552 367 243 7,606 9,802 26 26 7,580 9,776 (2) 2013 2012 7,477 9,793 121 6 5 3 3 7,606 9,802 26 26 7,580 9,776 (3) 5%5% 2013 2012 63 552 245

2013 12 31 4. 2013 2012 76 101 6,403 6,294 6,479 6,395 690 690 5,789 5,705 5. 2013 2012 97,995 79,052 1,684 1,598 1,375 1,383 101,054 82,033 593 593 100,461 81,440 246

2013 12 31 5. (1) 13,061 1,489 14,550 3,157 1,785 4,942 2,495 539 3,034 2,082 200 2,282 1,871 455 2,326 1,773 189 1,962 1,067 2,933 4,000 1,402 590 1,992 717 145 862 700 200 900 489 254 743 5,500 5,500 2,100 2,100 500 500 (2) 9 (3) 247

2013 12 31 6. 9,092 5,343 38,337 1,984 24,211 3,680 82,647 457 52 539 3 1,213 423 2,687 463 2,556 35 503 94 3,651 (133) (316) (2) (451) (281) (11,694) (11,975) 9,598 5,395 41,116 2,022 14,233 4,195 76,559 2,313 2,013 19,050 315 7,886 2,490 34,067 542 229 3,225 109 868 871 5,844 (97) (284) (2) (383) (71) (3,908) (3,979) 2,687 2,242 21,991 424 4,846 3,359 35,549 300 2 302 6,911 3,153 18,825 1,598 9,387 834 40,708 6,779 3,330 18,987 1,669 16,325 1,188 48,278 7. 2013 2012 6,726 5,926 9,783 6,539 (3,651) (5,227) (3,973) (512) 8,885 6,726 248

2013 12 31 8. 3,133 14,469 78 17,680 17 49 66 (11) (13) (24) 3,139 14,469 114 17,722 353 3,509 27 3,889 74 547 11 632 (8) (8) 427 4,056 30 4,513 2,712 10,413 84 13,209 2,780 10,960 51 13,791 9. / / / / 2013 2013 2012 2012 593 89 593 89 711 107 657 99 (762) (190) (764) (191) 764 154 808 155 2,461 369 4,254 638 (1,212) (303) (1,111) (278) 1,185 185 957 245 3,740 411 5,394 757 249

2013 12 31 9. 2013 2012 411 757 10. 2013 2012 1,542 3,557 9,500 9,500 i 10,130 2,566 ii 1,379 1,463 13,899 36,450 17,086 i 2013 12 31 5.23% 5.66% 20125.20% 5.54% ii 2013 2012 84 6.0969 513 77 6.2855 484 159 5.4301 866 150 6.5363 979 1,379 1,463 250

2013 12 31 11. 2013 2012 29,180 23,060 12. 20132012 12 31 5%5% 2013 2012 16 6.0969 97 73 6.2855 457 1 8.4189 5 2 8.3176 13 102 470 251

2013 12 31 13. 756 4,455 4,469 742 719 718 1 143 147 110 180 101 693 688 106 233 288 269 252 22 22 24 20 24 60 57 27 5 8 4 9 34 417 437 14 643 2 641 152 205 182 175 17 53 57 13 2,130 7,067 7,017 2,180 14. 2013 2012 610 1,018 247 139 857 1,157 252

2013 12 31 14. (1) 20132012 12 31 2013 2012 4,413 0.0578 255 4,412 0.0730 322 2013 12 31 2013 2012 (%) 2004-3-20 2014-3-20 5.90 355 670 1997-6-18 2014-11-20 2.30 2,568 72 1,247 91 1997-6-18 2014-9-20 2.30 590 34 590 43 2001-5-10 2014-3-20 1.80 565 33 565 41 1997-6-18 2014-12-20 2.30 541 31 541 39 525 884 (2) 2013 2012 247 139 253

2013 12 31 15. 20132012 12 31 2013 2012 255 788 255 348 4,044 3,836 4,554 4,972 * 2013 2012 2022 6 18 4.37% 5.53% 2,029 1,704 2031 3 20 1.80% 2.60% 3,135 4,286 5,164 5,990 610 1,018 4,554 4,972 254

2013 12 31 15. 2013 2012 49,913 0.0577 2,880 54,267 0.0730 3,964 * 2013 12 31 174 2012 2013 12 31 2013 2012 (%) 2013-6-27 2016-6-24 5.54 1,500 2001-5-10 2031-3-20 1.80 9,321 538 9,886 722 1997-12-1 2027-9-20 2.30 7,675 443 8,266 604 1997-6-18 2027-11-20 2.30 7,398 427 14,960 1,093 1997-6-18 2027-12-20 2.30 6,514 376 7,043 514 3,284 2,933 16. 2013 2012 1,237 1,509 48 69 1,285 1,578 5%5% 255

2013 12 31 17. (1) 2013 2012 36,816 33,741 1,680 1,779 10,929 9,471 49,425 44,991 5,113 4,810 54,538 49,801 2013 (%) 26,842 49 9,788 18 8,848 16 2,666 5 1,526 3 49,670 91 256

2013 12 31 17. (2) 2013 2012 129 7,617 7,160 4,813 4,549 6,528 5,949 1,309 1,495 15,348 15,228 35,744 34,381 18. 2013 2012 66,085 8,038 375 224 2,568 2,219 69,028 10,481 5%5% 2013 51,220 7,371 2,361 1,580 708 63,240 257

2013 12 31 19 (1) 2013 2012 75,494 16,931 31 5,844 5,840 632 688 256 242 (20) (46) 6 4 (1,416) 353 150 16 1,049 55 (69,028) (10,481) 346 107 (84) (2,590) (6,877) 30,533 (8,106) (49,144) (1,754) (7,461) (2) 2013 2012 37,176 43,789 43,789 49,172 (6,613) (5,383) 258

( ) 2013 12 31 ( ) 19 ( ) (3) 2013 2012 1 5 37,175 43,784 37,176 43,789 : 2014 3 28 259

1. 2013 2012 232 192 297 521 54 67 152 (156) (14) (943) (663) 986 929 61 (39) 683 993 781 978 (98) 15 260

2. 2013 2012 2013 2012 45,678 48,506 272,362 259,695 (599) 1,202 4,541 3,488 45,079 49,708 276,903 263,183 261

3. % 16.81 2.297 16.52 2.257 9 2010 2013 2012 16.81% 19.81% 45,678 48,506 271,703 244,807 16.52% 19.41% 44,897 47,528 271,703 244,807 262

12013 2 3 4 52013 263

2013 68 2 201212 2013 2013 2014 3 28 264

2013 68 2 201212 2013 2013 2014 3 28 265

2013 68 2 201212 2013 2013 2014 3 28 266

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 267

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 268

48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 A 269

73 H 74 JORC 75 76 77 78 79 80 81 82 83 84 85 86 87 2006 2 15 38 88 89 90 270

12 31 2009 2010 2011 2012 2013 *) *) *) *) 126,700 158,570 213,837 254,575 283,797 64,255 85,449 126,013 162,734 187,713 3,926 3,924 4,362 4,772 4,845 1,188 1,154 1,149 881 1,031 10,020 10,944 12,798 16,241 18,128 1,983 2,556 2,774 2,422 2,101 557 475 165 113 488 (178) 149 114 (14) (156) 746 783 465 534 820 603 574 342 448 595 45,339 55,000 67,155 67,932 70,155 315 428 399 835 556 565 756 1,078 663 943 336 160 174 197 579 45,089 54,672 66,476 68,104 69,768 9,487 11,168 13,676 11,552 14,061 35,602 43,504 52,800 56,552 55,707 30,846 37,880 45,985 48,506 45,678 4,756 5,624 6,815 8,046 10,029 1.551 1.904 2.312 2.439 2.297 1.551 1.904 2.312 2.439 2.297 271

12 31 2009 2010 2011 2012 2013 (*) (*) (*) (*) 107,893 120,195 110,240 113,278 121,408 229,506 252,713 294,027 354,696 386,266 337,399 372,908 404,267 467,974 507,674 71,479 77,644 89,032 107,081 131,509 61,682 58,074 49,956 51,503 46,628 133,161 135,718 138,988 158,584 178,137 174,642 203,903 225,529 259,695 272,362 29,596 33,287 39,750 49,695 57,175 204,238 237,190 265,279 309,390 329,537 337,399 372,908 404,267 467,974 507,674 * 2009201020112012 2 272

2012 2011 2010 2009 2008 2007 2006