601988 2012
1929 36
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2013 2012 2
4 5 6 7 10 11 13 15 17 17 33 46 54 56 57 59 66 81 91 94 96 99 100 102 272 275 276 3 2012
2012 4 A (BVI) BOC Hong Kong (BVI) Limited
2013 3 26141414 8 2013 3 26 2012 2012 2006 20120.1752013 5 29 5 2012
The Banker Euromoney Global Finance Trade Finance The Asset FinanceAsia The Asian Banker FORTUNE 2012500 93 WPP BrandZ50 Interbrand 201250 TOP10 21 2012 League of American Communications Professionals 2011 Galaxy Awards 2011 2012 6
276,817 328,166 366,091 142,163 168,539 187,305 109,820 130,502 145,522 2010 2011 2012 2010 2011 2012 2010 2011 2012 0.40 0.45 0.50 1.14 1.17 1.19 18.86 18.27 18.10 2010 2011 2012 2010 2011 2012 2010 2011 2012 2.15 33.62 32.58 31.81 12.60 12.98 13.63 2.12 2.07 2010 2011 2012 2010 2011 2012 2010 2011 2012 0.32 0.29 0.29 1.10 1.00 0.95 196.67 220.75 236.30 2010 2011 2012 2010 2011 2012 2010 2011 2012 7 2012
2006 2012 2011 2010 256,964 228,064 193,962 1 109,127 100,102 82,855 2 366,091 328,166 276,817 (116,436) (106,905) (93,069) (19,387) (19,355) (12,993) 187,305 168,539 142,163 187,380 168,644 142,145 145,522 130,502 109,820 139,432 124,276 104,502 3 138,567 123,097 103,458 N.A. 43,268 40,756 12,680,615 11,829,789 10,459,703 6,864,696 6,342,814 5,660,621 (154,656) (139,676) (122,856) 4 2,210,524 2,000,759 2,055,324 11,819,073 11,072,652 9,782,441 9,173,995 8,817,961 7,733,537 824,677 723,914 644,858 279,147 279,147 279,147 0.50 0.45 0.40 5 0.175 0.155 0.146 6 2.95 2.59 2.31 % 7 1.19 1.17 1.14 % 8 18.10 18.27 18.86 % 9 2.15 2.12 2.07 % 10 29.81 30.50 29.93 % 11 31.81 32.58 33.62 % 12 71.99 68.77 71.72 % 10.54 10.08 10.11 % 13.63 12.98 12.60 % 13 0.95 1.00 1.10 % 14 236.30 220.75 196.67 % 15 0.29 0.32 0.29 16 302,016 289,951 272,558 279,899 268,830 250,976 11,277 10,951 10,767 10,644 10,365 10,074 1 6.2855 6.3009 6.6227 1 8.3176 8.1625 8.8065 1 0.8108 0.8107 0.8509 2012 8
1 2 3 1 2008 4 5 6 7 2 8 92010 [2010]2 9 10 11 [2011]50 12 13 [2006]22 14 [2006]22 15 2 16 9 2012
BANK OF CHINA LIMITEDBank of China 1 (86) 10-6659 2638 (86) 10-6659 4568 bocir@bank-of-china.com 1 (86) 10-6659 2638 (86) 10-6659 4568 bocir@bank-of-china.com 1 1 100818 (86) 10-6659 6688 (86) 10-6601 6871 http://www.boc.cn bocir@bank-of-china.com 1 A http://www.sse.com.cn http://www.hkexnews.hk 1 202 211 22 1983 10 31 www.saic.gov.cn 2004 8 26 2011 5 26 100000000001349 B0003H111000001 110102100001342 10000134-2 A H 601988 3988 A 113001 2012 10
2012100 11 2012
2012100 Alberto TOGNI Nout WELLINK Alberto TOGNI Nout WELLINK 2012 2008 24 500 2013 30 1 2013 3 15 1 2013 3 172013 3 17 2012 12
13 2012
2012 14 2012 20062012 12.6811.82 8,246.77 7.19% 6.74% 13.92% 1,455.2211.51% 1,394.32 12.20% 0.50 0.05 2012 0.175 2013 5 2012 1.19%0.02 2,569.6412.67% 2.15% 0.03 1,091.279.02% 29.81% 0.95% 0.05236.30% 15.550.29% 0.03 0.77 31.81% 13.05% 2.5 42% 2013 2013 3 17 2013 3 26
15 2012
2012 2012 2013 3 26 2012 16
% 10 8 6 4 2 0-2 2008 2012 2008 2009 2010 2011 2012 2012 2011 0.7 % 6 5 4 3 2 1 0 2008 2012 2008 2009 2010 2011 2012 2012 7.8% 2.6% 14.3% 20.6% 6.2% (M2)13.8% 0.2 8.2 0.715.76 2.933.17% 2012 7.97 1.5624.3% 17 2012
2012133.6 17.95% 12,386 18.96% 4,929 650 1% 0.95% 278.1% 295.51% 12.7% 13.25% 2013 2008 2012 115 110 105 100 95 90 2.25 2.00 1.75 1.50 1.25 1.00 0.75 0.50 0.25 0.00 2008 2012 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 7.75 7.50 7.25 7.00 6.75 6.50 6.25 36.0 32.0 28.0 24.0 20.0 % 16.0 12.0 8.0 4.0 0.0 2012 18
2012 1,455.22 1,394.32 11.51% 12.20% 2011 2 14.57% 14.79% (ROA)1.19%0.02 (ROE)18.10%0.17 2012 2011 256,964 228,064 28,900 12.67% 109,127 100,102 9,025 9.02% 69,923 64,662 5,261 8.14% 366,091 328,166 37,925 11.56% (178,786) (159,627) (19,159) 12.00% (116,436) (106,905) (9,531) 8.92% (19,387) (19,355) (32) 0.17% 187,305 168,539 18,766 11.13% 187,380 168,644 18,736 11.11% (41,858) (38,142) (3,716) 9.74% 145,522 130,502 15,020 11.51% 139,432 124,276 15,156 12.20% 2012 2,569.64 289.00 12.67% 2,121.16 270.18 14.60% 19.06 5.28 21.69% 2 19 2012
3 2012 2011 6,707,626 5.54% 6,096,396 4.87% 611,230 67Bps 2,108,955 3.08% 1,924,479 2.95% 184,476 13Bps 2,104,028 1.28% 1,819,332 1.38% 284,696 (10)Bps 1,046,204 4.13% 903,365 3.80% 142,839 33Bps 11,966,813 4.23% 10,743,572 3.85% 1,223,241 38Bps 9,095,330 2.05% 8,180,446 1.71% 914,884 34Bps 2,034,919 2.73% 1,755,697 2.20% 279,222 53Bps 184,943 3.98% 162,050 4.04% 22,893 (6)Bps 11,315,192 2.21% 10,098,193 1.83% 1,216,999 38Bps 2.15% 2.12% 3Bps 4,928,955 6.50% 4,405,534 5.80% 523,421 70Bps 1,514,358 3.43% 1,378,485 3.11% 135,873 32Bps 1,624,723 1.57% 1,417,868 1.58% 206,855 (1)Bps 790,366 4.64% 741,194 3.95% 49,172 69Bps 8,858,402 4.90% 7,943,081 4.41% 915,321 49Bps 7,097,825 2.34% 6,526,238 1.96% 571,587 38Bps 1,101,976 4.51% 857,823 3.69% 244,153 82Bps 150,537 4.31% 136,395 4.12% 14,142 19Bps 8,350,338 2.66% 7,520,456 2.19% 829,882 47Bps 2.39% 2.33% 6Bps 82,030 3.42% 94,945 2.85% (12,915) 57Bps 22,348 1.72% 23,388 2.16% (1,040) (44)Bps 67,319 0.76% 25,383 1.34% 41,936 (58)Bps 171,697 2.16% 143,716 2.47% 27,981 (31)Bps 75,040 1.15% 61,162 0.82% 13,878 33Bps 72,102 1.28% 57,468 1.05% 14,634 23Bps 105 8.57% 108 7.41% (3) 116Bps 147,247 1.22% 118,738 0.94% 28,509 28Bps 1.11% 1.69% (58)Bps 1 2 3 2012 20
2012 2011 371,394 296,913 74,481 29,767 44,714 64,973 56,728 8,245 5,442 2,803 26,996 25,157 1,839 3,929 (2,090) 43,165 34,304 8,861 5,428 3,433 506,528 413,102 93,426 44,566 48,860 186,667 139,905 46,762 15,645 31,117 55,538 38,579 16,959 6,143 10,816 7,359 6,554 805 925 (120) 249,564 185,038 64,526 22,713 41,813 256,964 228,064 28,900 21,853 7,047 320,237 255,447 64,790 30,358 34,432 51,988 42,832 9,156 4,226 4,930 25,540 22,415 3,125 3,268 (143) 36,664 29,304 7,360 1,942 5,418 434,429 349,998 84,431 39,794 44,637 166,177 127,616 38,561 11,203 27,358 49,652 31,666 17,986 9,009 8,977 6,484 5,618 866 583 283 222,313 164,900 57,413 20,795 36,618 212,116 185,098 27,018 18,999 8,019 2,808 2,705 103 (368) 471 384 505 (121) (22) (99) 512 337 175 562 (387) 3,704 3,547 157 172 (15) 866 501 365 114 251 923 604 319 154 165 9 8 1 1 1,798 1,113 685 268 417 1,906 2,434 (528) (96) (432) 21 2012
20122.15%0.03 2.39% 0.061.11% 0.58 2012 % 5 4 3 2.63 2.07 2.15 2 2.04 2.12 1 0 2008 2009 2010 2011 2012 2012 91.19% 2.22 52.23%18.11 37.67% 31.28 % 5 19 32 7 4 3 2 1 0 2.89 2.21 2.27 2.33 2.39 2.70 1.11 1.69 1.44 1.21 2008 2009 2010 2011 2012 2012 22
2012 2011 3,271,931 6.77% 3,011,945 6.00% 259,986 77Bps 1,516,848 5.89% 1,316,184 5.24% 200,664 65Bps 140,176 6.65% 77,405 7.38% 62,771 (73)Bps 4,928,955 6.50% 4,405,534 5.80% 523,421 70Bps 3,347,769 6.39% 3,186,630 5.78% 161,139 61Bps 1 1,581,186 6.72% 1,218,904 5.85% 362,282 87Bps 1,918,084 0.83% 1,885,430 0.89% 32,654 (6)Bps 1,624,196 3.31% 1,539,553 2.66% 84,643 65Bps 1,036,587 0.52% 913,279 0.54% 123,308 (2)Bps 1,954,651 3.42% 1,824,746 2.74% 129,905 68Bps 564,307 4.28% 363,230 4.09% 201,077 19Bps 7,097,825 2.34% 6,526,238 1.96% 571,587 38Bps 82,030 3.42% 94,945 2.85% (12,915) 57Bps 24,439 0.24% 22,172 0.23% 2,267 1Bps 17,119 3.00% 7,253 2.10% 9,866 90Bps 11,705 0.06% 9,485 0.09% 2,220 (3)Bps 14,741 0.79% 15,631 0.73% (890) 6Bps 7,036 2.43% 6,621 2.66% 415 (23)Bps 75,040 1.15% 61,162 0.82% 13,878 33Bps 2012 1,091.2790.25 9.02% 29.81% 0.69 699.2352.61 8.14% 23 2012
39.13% ETF31.07% 16.74% 13.42% 2012 2011 14,952 10,747 4,205 39.13% 14,171 12,139 2,032 16.74% 14,051 12,389 1,662 13.42% 11,099 13,268 (2,169) (16.35%) 6,808 8,545 (1,737) (20.33%) 5,690 6,507 (817) (12.56%) 2,371 1,809 562 31.07% 6,056 4,614 1,442 31.25% 75,198 70,018 5,180 7.40% (5,275) (5,356) 81 (1.51%) 69,923 64,662 5,261 8.14% 12,014 8,126 3,888 47.85% 10,013 6,887 3,126 45.39% 12,165 10,905 1,260 11.55% 7,899 10,480 (2,581) (24.63%) 6,011 7,695 (1,684) (21.88%) 5,604 6,466 (862) (13.33%) 2,080 1,496 584 39.04% 4,501 3,267 1,234 37.77% 60,287 55,322 4,965 8.97% (1,715) (1,690) (25) 1.48% 58,572 53,632 4,940 9.21% 392.0437.64 10.62% 24.21 34.81% 14.48 18.86%38 39 40 41 2012 24
2012 2011 22,925 18,581 4,344 23.38% 116,436 106,905 9,531 8.92% 19,387 19,355 32 0.17% 20,038 14,786 5,252 35.52% 178,786 159,627 19,159 12.00% 20121,787.86 191.59 12.00% 148.3842.43 42.4840.57 443 1,164.3695.31 8.92% 31.81% 0.77 43 2012190.86 0.29%0.03 20123.01 44 2012 418.58 37.16 9.74% 22.34% 47 2012 126,806.15 8,508.26 7.19% 118,190.73 7,464.21 6.74% 25 2012
2012 2011 6,710,040 52.92% 6,203,138 52.44% 2,210,524 17.43% 2,000,759 16.91% 1,934,297 15.25% 1,919,651 16.23% 1,052,350 8.30% 983,799 8.31% 773,404 6.10% 722,442 6.11% 12,680,615 100.00% 11,829,789 100.00% 9,173,995 77.62% 8,817,961 79.64% 1,926,757 16.30% 1,683,597 15.20% 233,178 1.97% 196,626 1.78% 485,143 4.11% 374,468 3.38% 11,819,073 100.00% 11,072,652 100.00% 1 2 68,646.96 5,218.82 8.23% 52,469.44 4,714.50 9.87% 2,573.79 86.343.47% 1,546.56 149.80 236.30% 15.55 2.62% 0.06 105.18 5.35 22,105.24 2,097.65 10.48% 15,863.36 1,179.32 8.03% 993.06 148.1717.54% 2012 26
455.71 436.21 95.72% Alt-A Non-Agency11.03 5.99 (Freddie Mac)(Fannie Mae) 0.46 2012 2011 71,590 3.24% 73,807 3.69% 686,400 31.05% 553,318 27.65% 1,183,080 53.52% 1,074,116 53.69% 269,454 12.19% 299,518 14.97% 2,210,524 100.00% 2,000,759 100.00% 2012 2011 786,167 35.55% 736,515 36.80% 20,810 0.94% 20,593 1.03% 350,077 15.84% 327,971 16.39% 101,144 4.58% 46,160 2.31% 244,223 11.05% 199,025 9.95% 160,000 7.24% 160,000 8.00% 1,662,421 75.20% 1,490,264 74.48% 253,232 11.45% 182,801 9.14% 56,721 2.57% 53,037 2.65% 162,388 7.35% 203,457 10.17% 37,264 1.69% 32,642 1.63% 509,605 23.06% 471,937 23.59% 33,932 1.53% 34,146 1.71% 4,566 0.21% 4,412 0.22% 2,210,524 100.00% 2,000,759 100.00% 27 2012
71.77% 1,586,336 73.39% 1,468,404 16.13% 356,597 14.30% 286,193 6.06% 133,992 5.93% 118,644 6.04% 133 599 6.38% 127,518 2012 2011 2011 7,840 3.58% 2014-11-17 2005 6,800 3.42% 2015-08-02 2010 6,070 +0.52% 2017-01-26 2006 5,000 +0.60% 2016-12-12 2011 4,910 3.55% 2016-12-06 2010 4,750 +0.59% 2020-02-25 2009 4,660 +0.54% 2016-09-01 2011 4,400 3.83% 2018-11-24 2012 3,820 3.45% 2013-04-06 2005 3,600 4.67% 2020-03-29 91,739.95 3,560.34 4.04% 7,531.04 9.12%75,151.65 818.80 1.10% 4,807.48 6.99% 2012 28
2012 2011 2,506,854 27.32% 2,451,185 27.80% 2,216,104 24.16% 2,021,651 22.93% 90,567 0.99% 221,479 2.51% 4,813,525 52.47% 4,694,315 53.24% 1,634,545 17.82% 1,423,524 16.14% 2,373,145 25.87% 2,171,950 24.63% 73,450 0.80% 339,608 3.86% 4,081,140 44.49% 3,935,082 44.63% 226,867 2.47% 138,880 1.57% 52,463 0.57% 49,684 0.56% 9,173,995 100.00% 8,817,961 100.00% 2,197,757 29.25% 2,199,660 29.59% 1,759,557 23.41% 1,619,585 21.79% 86,636 1.15% 217,610 2.93% 4,043,950 53.81% 4,036,855 54.31% 1,235,417 16.44% 1,086,552 14.62% 2,115,039 28.14% 1,924,228 25.89% 71,297 0.95% 339,191 4.56% 3,421,753 45.53% 3,349,971 45.07% 49,462 0.66% 46,459 0.62% 7,515,165 100.00% 7,433,285 100.00% 29 2012
2012 30 739,364 7,268,004 446,033 720,594 2012 584,531 7,282,091 342,461 608,878 8.06% 79.23% 4.86% 7.85% 6.63% 82.59% 3.88% 6.90% 2011 8,615.42 1,044.05 13.79% (1)2012 1,455.22 1,394.32 (2) 2011 432.68 2012 5 7 10,722.83 549.15 2,639.24 495.67 3,493.13 3,988.80 1,825.46 557.74 250.92 121.32
2012 2011 2012 2011 2012 2011 2012 2011 2012 2011 224,622 201,021 23,024 21,018 9,318 6,025 256,964 228,064 78,678 68,923 28,382 29,899 2,772 2,856 (705) (1,576) 109,127 100,102 58,572 53,632 9,259 9,167 2,743 2,396 (651) (533) 69,923 64,662 (150,717) (136,380) (24,769) (21,779) (4,005) (2,314) 705 846 (178,786) (159,627) (17,396) (18,112) (1,460) (1,752) (531) 509 (19,387) (19,355) 152,497 133,421 26,696 29,287 8,187 6,666 (730) 187,380 168,644 10,196,577 9,612,716 2,048,370 1,868,870 1,087,203 904,756 (651,535) (556,553) 12,680,615 11,829,789 9,531,288 9,025,576 1,882,619 1,719,249 1,056,540 884,219 (651,374) (556,392) 11,819,073 11,072,652 4 101,965.77 5,838.61 6.07% 76.48% 2012 1,524.97 190.76 14.30%81.38% 20,483.70 1,795.00 9.60% 15.36% 2012 266.96 8.85%14.25% 10,872.03 1,824.47 20.17% 8.16% 2012 81.87 22.82%4.37% 4 31 2012
64,475 64,773 298 3,524 780 (2,744) 4,412 4,566 154 1,396 1,471 75 524,092 654,719 130,627 5,945 7,640 1,695 23,281 24,041 760 42,757 40,188 (2,569) (35,473) (32,457) 3,016 68 (561,087) (164,017) 397,070 (31) (2,106) (14,061) (11,955) (10) 920 (157) 2006 6 2012 32
2012 2011 104,472 55.75% 101,887 60.42% 39,344 21.00% 37,523 22.25% 37,143 19.82% 19,166 11.36% 1,987 1.06% 2,674 1.59% 4,434 2.37% 7,394 4.38% 187,380 100.00% 168,644 100.00% 2012 2011 3,755,626 3,842,173 (2.25%) 288,324 194,682 48.10% 769,575 657,460 17.05% 4,813,525 4,694,315 2.54% 3,234,301 3,165,161 2.18% 187,452 184,810 1.43% 659,387 585,111 12.69% 4,081,140 3,935,082 3.71% 3,452,004 3,244,573 6.39% 488,518 573,882 (14.87%) 1,039,877 906,850 14.67% 4,980,399 4,725,305 5.40% 1,617,123 1,390,343 16.31% 1,037 896 15.74% 266,137 226,270 17.62% 1,884,297 1,617,509 16.49% 33 2012
20123,007.87313.86 11.65% 2012 2011 167,673 55.74% 164,521 61.07% 96,931 32.23% 86,389 32.07% 36,170 12.03% 18,681 6.93% 13 0.00% (190) (0.07%) 300,787 100.00% 269,401 100.00% 2012 1,676.73 31.52 1.92% 36,692.52 407.63 1.12% 458.30155.56 0.31 83 70% 83274.5 4056.2 50299.4 34,520.04 2,074.31 6.39% 777.21 2012 34
27,823 25,000 24,267 19,723 18,750 12,500 6,250 0 2010 2011 2012 800 600 400 200 0 562 612 616 2010 2011 2012 1,400 1,321 1,050 937 1,071 700 350 0 2010 2011 2012 2.7814.66% 1.51 12.64%1.33 15.55% 438.94 3,068.25 33.38% 2.5 42% 35 2012
457.44 54.55%64.82 58 615.984,594.56 0.72% 19.72% 1,4001 42% 2012 (IFA) IFA 179 1,600 2012 B (QFII)17 (CME) (NYSE EURONEXT) 2012 2012 5 8,225.20 10.44% 2012 6 188 7.23% 2012 5 [2011]300 20117,447.45 6 2012 36
2012 37 179.35 535.99 6,200 61.43 206.9852.09% 62.91% 2012 969.31105.42 12.20% 1.72 1,838.16 12.00% 31,703.06 3,227.92 11.34% 286.61 27.5010.61% 16,171.23 2,267.80 16.31% 5,459216 21 9% 4 4,500
30160 14 2012 2011 24,350.21 19,407.61 25.47% 3,622.03 3,086.29 17.36% 2,070.30 777.30 166.35% 2012 2011 13,195.67 8,381.62 57.44% 7,109.34 4,639.96 53.22% 24,331.19 17,287.40 40.75% 263.37 261.39 0.76% 201224.28 RQFII 2012 38
2012 39 24.09% 11.83% 2012 21 2011 2012 ETF QDII QFII RQFII 4 2012 2010 2012 2012 2012 2012 2012 2012 11 26 2012 (CMBS)
2012 40 184 22.8 159.1% 19.8 330.4% 0.03% 2012 2012 4,661.864,446.80 13.78% 13.57% 48.795.36% 14.53% 16.43% 2,661.21 22.34%2,057.82 15.36% 404.60 82% 362012 613 0 1,250 2,500 3,750 5,000 2,175 1,784 4,097 2,661 2,058 4,662 2011 2012 0.00 6.25 12.50 18.75 25.00 15.15% 17.72% 21.66% 22.90% 18.84% 18.23% 2011 2012
2012 41 (QFB)116 9 80 900 1.21.29 53% 32% 336 2012 1.27 17.16%336.72 33% 14 9.5 32 26.35% 2012 RQFII 5
2012 42 684.96 87.44 10.52 894 4 32 2012 G3 1 2012 24%QFII 2012 5 140.99 49.314.23 14.4% IPO 9 5 247 10 20% 8.227.23 1.79 4.3% 1,001 130%
2012 43 3 1 70.85 38.67 16.320.78%0.74 1.49% 2012 119 6.1514 72.6323.86 41.45 43.28% 283.22 648.31% 7 2012 771.57 450.83 15.62 51.5344.47 201227 203177 242 33 56 91 18 2.2512% 20 C919 A-BBB
10,521 1,800 ATM IC ATM3.91 2.09 1.18 27% 35% 25% 91 32.9% 2012 2011 180.17 108.45 66.13% 9,142.36 5,572.01 64.08% 4,182.50 1,705.41 145.25% 7,636.75 5,798.26 31.71% IC Windows Phone B2C B2Be 2012 44
2012 45 9 29 2012 2012
2012 46 2012
2012 654.48 21.740.95% 0.05 1,546.56 149.80 236.30% 15.55 627.56 18.30 1.13% 0.04 2,075.35 150.31 3.02% 0.01 2012 2011 6,591,713 96.03% 6,087,036 95.97% 207,535 3.02% 192,504 3.03% 28,643 0.42% 26,153 0.41% 24,276 0.35% 24,584 0.39% 12,529 0.18% 12,537 0.20% 6,864,696 100.00% 6,342,814 100.00% 65,448 0.95% 63,274 1.00% 5,300,574 95.36% 4,966,201 95.33% 195,352 3.51% 182,567 3.50% 27,210 0.49% 24,964 0.48% 23,254 0.42% 23,621 0.45% 12,292 0.22% 12,341 0.24% 5,558,682 100.00% 5,209,694 100.00% 62,756 1.13% 60,926 1.17% % 2012 2011 2010 2.61 2.56 2.02 15.31 12.94 5.13 44.55 55.42 23.05 8.48 5.68 15.66 47 2012
22 654.55 21.49 0.95% 0.05 628.44 16.851.13% 0.04 26.11 4.64 0.20% 0.01 2012 2011 2010 63,306 63,876 76,006 28,246 20,804 20,780 (26,097) (21,374) (32,910) 65,455 63,306 63,876 61,159 62,211 73,680 26,387 19,726 20,020 (24,702) (20,778) (31,489) 62,844 61,159 62,211 2012 2011 2010 5,246,944 52,301 4,775,494 50,541 4,149,806 54,583 1,617,752 13,154 1,567,320 12,765 1,510,815 9,293 6,864,696 65,455 6,342,814 63,306 5,660,621 63,876 5,069,127 52,226 4,634,915 50,056 4,127,410 54,359 489,555 10,618 574,779 11,103 631,175 7,852 5,558,682 62,844 5,209,694 61,159 4,758,585 62,211 53 2012190.861.86 0.29%0.03 178.1211.15 0.33% 0.05 2012 48
% 2012 2011 2010 10 2.6 3.1 2.9 50 16.9 18.9 20.2 1 = 2 = 83 2012 A 25,542 0.37% B 21,862 0.32% C 20,000 0.29% D 17,900 0.26% E 15,987 0.23% F 14,341 0.21% G 13,911 0.20% H 12,763 0.19% I 12,365 0.18% J 12,308 0.18% IT (IMA) IMA 4 49 2012
25 7 2012 2011 25 (1,193) (78) (226) (2,184) 301 43 25 1,193 78 226 2,184 (301) (43) % 2012 2011 2010 25 49.8 47.0 43.2 25 65.2 56.2 52.2 3.2 2.9 2.1 27.7 24.3 14.6 8 1.6 0.82 1.00 8 2.6 2.25 1.08 1 = 2 =+ + 3 =++ 4 = 5 = 7 2012 25 2012 50
5 2012 2011 13,178 12,777 (4,299,722) (3,886,641) 1 771,977 625,317 1 3 (224,823) (407,214) 3 1 378,843 372,733 15 1,339,994 1,418,664 5 2,882,095 2,621,501 861,542 757,137 2012 51 2012
2012 IT (Risk and Control Assessment, RACA) (Key Risk Indicator, KRI) (Loss Data Collection, LDC) 2012127 2.85 IIIII 2012 52
5 6 (RAROC) (EVA) RAROC/EVA RAROC 2012 11 27 230 13.63% 10.54% 5.15% 7 2011 11 42012 11 1 (Financial Stability Board, FSB) (Global Systemically Important Financial Institutions, G-SIFIs) G-SIFIsFSB (Basel Committee on Banking Supervision, BCBS) G-SIFIs G-SIFIs G-SIFIs 53 2012
201211,277 10,664 6133730010,183 2012 5,105,055 33.61% 1,704 15.11% 54,279 17.97% 614,058 4.04% 941 8.34% 26,107 8.64% 3,035,879 19.98% 3,568 31.64% 92,989 30.79% 2,212,224 14.56% 2,767 24.54% 69,059 22.87% 1,090,088 7.17% 1,684 14.93% 37,465 12.40% 2,048,370 13.48% 509 4.52% 18,446 6.11% 1,087,203 7.16% 104 0.92% 3,671 1.22% (2,512,262) 12,680,615 100.00% 11,277 100.00% 302,016 100.00% 2012 302,016279,899 275,637 59,57322,117 6,520 2012 54
2012 55 2012 58,844 2,167,487 2012 4,898 7.70% 27.49% 26.81% 38.00% 27.35% 57.69% 8.03% 6.93% 9.18% 41.23% 10.96% 12.80% 0.25% 2.21% 12.93% 10.44%
2013 2013 12% 2012 56
2012 57 2012 50 2012 13.69 189.6 474 4 21 2012 2012 (www.sse.com.cn) (www.hkexnews.hk) (www.boc.cn)
2012 58
A 2012 1 1 2012 1 2 3 4 279,147,333,579 100.00% 9,686 9,686 279,147,343,265 100.00% 1 195,525,057,184 70.04% 9,686 9,686 195,525,066,870 70.04% 2 3 83,622,276,395 29.96% 83,622,276,395 29.96% 4 279,147,333,579 100.00% 9,686 9,686 279,147,343,265 100.00% 1 2012 279,147,343,265195,525,066,870 A 83,622,276,395 H 2 2012 12 31AH 3 A9,686 4 2010 6 2400A 17,705,975,596 41,639,158,379.81 A 2010 11 2 A 2.36 101 A H 2010 11 12H H2.74 101 7,602,025,126 17,659,653,976.86 59 2012
AH 2010 12 22012 12 31 6,720 A 180,534 29 AH 279,147,343,265 279,147,343,265 A AH 29 2012 12 311,050,591 818,139 A232,452 H 1,033,657 808,146 A225,511 H 2012 12 31 1 189,052,193,085 67.72% A 2 81,644,559,295 29.25% H 3 The Bank of Tokyo Mitsubishi UFJ Ltd. 520,357,200 0.19% H 4 005L FH002 295,437,114 0.11% A 5 165,543,425 0.06% A 6 162,383,310 0.06% A 7 99,999,900 0.04% A 7 99,999,900 0.04% A 9 90,909,000 0.03% A 10 62,950,203 0.02% A 2012 60
350,773,544 H H H 2012 12 31 [2010]148[2010]7232010 6 2 400A [2010]17 400A2010 6 18 16,303 2012 12 31 1 2,198,342,000 5.50% 2 005L FH002 1,677,220,000 4.19% 3 1,140,732,000 2.85% 4 1,097,373,000 2.74% 5 005L CT001 1,000,000,000 2.50% 6 158 976,051,000 2.44% 7 946,937,000 2.37% 8 756,292,000 1.89% 9 739,625,000 1.85% 10 718,052,000 1.80% 61 2012
A 39,999,362,000 34,000 39,999,328,000 34,000 9,686 180,534 0.000066% 39,999,328,000 99.9983% 2010 6 4 3.88 2010 5 31 2009 2010 11 16 3.78 2010 11 11 A 2010 12 16 3.74 2010 12 13 H 2011 6 10 3.59 2011 6 3 2010 2012 6 13 3.44 2012 6 6 2011 3.44 2012 1 1 2012 62
SD[2012]157 AAA 2010 H 2012 12 31336 A H 1 188,553,352,005 A 96.43% 67.55% 8,357,384,041 H 9.99% 2.99% BlackRock, Inc. 2 6,221,288,229 H 7.44% 2.23% 1,096,121,446(S) 4 H 1.31% 0.39% JPMorgan Chase & Co. 3 598,318,179 H 0.72% 0.21% 132,612,149(S) 4 H 0.16% 0.05% 581,310,115 H 0.70% 0.21% 3,017,861,927(P) 4 H 3.61% 1.08% 4,197,490,221 H 5.02% 1.50% 132,612,149(S) 4 H 0.16% 0.05% 3,017,861,927(P) 4 H 3.61% 1.08% 1 20112012 A 63 2012
2 BlackRock, Inc.BlackRock Holdco 2 Inc. BlackRock Holdco 2 Inc.BlackRock Financial Management, Inc. BlackRock, Inc. BlackRock Holdco 2 Inc. BlackRock Financial Management, Inc.BlackRock, Inc.BlackRock Financial Management, Inc. 6,221,288,229 H1,096,121,446 H BlackRock, Inc. 6,221,288,229 H 6,193,000 3 JPMorgan Chase & Co.JPMorgan Chase Bank, N.A. JPMorgan Chase & Co.JPMorgan Chase Bank, N.A.JPMorgan Chase & Co.JP Morgan Chase Bank, N.A.4,197,490,221 H132,612,149 H 4,197,490,221 H 3,017,861,927 H79,113,000 H132,612,149 H 99,612,149 H 4 S P 2012 336 2003 12 16 8,282.09 8,282.0971093296-1 2011 202,095,021.08 14,878,418.10 187,216,602.98 201133,747,875.08 2011-3,769,377.45 8 2012 2012 64
2012 1 47.63% 2 35.46% 3 40.21% 4 67.72% 5 57.21% 6 48.37% 7 73.63% 8 84.91% 9 31.23% 10 100.00% 11 78.57% 12 55.38% 13 43.35% 14 40.00% 15 100.00% 16 14.01% 17 100.00% 18 70.00% 19 14.54% 1 A H 2 3 2012 2007 10 9 (www.china-inv.cn) 2012 10% 65 2012
1952 2004 8 2013 1955 2004 8 2013 1964 2012 2 2015 1955 2010 10 2013 1955 2010 10 2013 1963 2010 10 2013 1957 2011 7 2014 1972 2011 7 2014 1946 2004 8 2013 1962 2007 8 2013 1949 2007 11 2013 1946 2010 10 2013 1950 2011 3 2014 Nout WELLINK 1943 2012 10 2015 1956 2010 3 2013 1957 2004 8 2013 1958 2004 8 2013 1959 2010 8 2013 1956 2012 8 2015 1971 2012 8 2015 1949 2011 5 2014 1951 2011 5 2014 1956 2004 8 1960 2008 6 1960 2010 8 1956 2010 8 1960 2007 3 1953 2011 12 1968 2012 9 1958 2004 8 2013 3 1954 2007 8 2012 11 Alberto TOGNI 1938 2006 6 2012 5 1967 2008 5 2012 2 1959 2004 12 2012 8 1949 2008 5 2012 9 2012 66
2012 71.48 29.83 101.31 68.58 28.68 97.26 67.75 26.71 94.46 75.00 75.00 75.00 78.00 75.00 55.00 55.00 37.93 37.93 42.58 42.58 35.00 35.00 Nout WELLINK 6.47 6.47 69.50 26.73 96.23 57.51 24.86 82.37 57.51 24.31 81.82 74.02 24.86 98.88 38.49 11.22 49.71 52.77 5.86 58.63 18.00 18.00 26.00 26.00 66.82 28.01 94.83 67.11 27.34 94.45 66.98 28.68 95.66 66.98 29.12 96.10 522.88 73.18 596.06 94.61 26.23 120.84 24.51 6.82 31.33 67 2012
79.42 30.89 110.31 71.50 Alberto TOGNI 39.99 39.99 23.80 11.23 35.03 23.51 2.28 25.79 46.68 18.01 64.69 2012 1 20072009 2 2012 3 2012 4 20122,387 2012 1 12012 11 19 2012 11 19 2012 2012 68
1 2 3 4 5 6 7 8 69 2012
1 2004 8 2002 92004 8 1994 72002 9 1989 11994 7 2009 6 1977 1999 2 2004 82000 11 1980 112000 11 2002 6 2012 3 1978 3 2012 219892006 8 2003 112006 8 1999 42004 1 1987 2005 4 2010 1019822010 1982 2 2012 70
5 2010 1019822010 1982 1 2007 7 6 2010 101999 102010 2010 1999 31999 10 19861999 1984 1986 7 2011 72004 112010 6 2005 42010 6 2001 82004 11 1999 9 2001 9 2004 12008 12 1986 1988 1990 8 2011 7 20012011 19912001 199519982001 71 2012
9 10 11 12 13 14 9 2004 8 19961998 1990 1976 2003 2009 2010 2002 112005 12 2004 92006 3 2004 11 2010 6 2010 6 2012 72
10 2007 8 1986 1993 11 2007 111987 1999 82001 3 2001 42004 9 19931995 20042009 20102015 2007 9 2013 8 2012 12 12 2010 102003 42010 1 AustralianSuper Pty. Ltd. 1997 2003 1992199720032010 1 2003 2010 12007 20082009 20012007 1970 19791982 19872010 2003 20052010 73 2012
13 2011 335 2002 2007 20012002 19992001 20072008 19741999 20082010 20012010 2011 2011 2010 2008Brookstone VaporStream Merlin USA1972 1974 14 Nout WELLINK 2012 10 30 142011 7 1 1999 1997 2002 2006 2006 2011 19972011 1982 1977 1982 19611968 1975 2008 19881998 Mauritshuis Westeinde 1980 2011Orange-Nassau 2012 74
1 2 3 4 5 6 7 8 75 2012
1 2010 32009 12 2006 92009 12 2000 112006 82000 6 2009 12 1998 42001 4 1990 101998 4 1995 2 2004 8 2005 4 2003 72004 8 2001 102003 72000 10 2001 10 1996 112000 9 1985 81996 10 1985 2008 5 2012 8 2008 72011 5 1998 102008 7 1983 71998 10 1983 6 2012 8 2005 72010 3 2003 32005 7 2000 102005 7 1993 72000 10 1993 2004 12 3 2004 82001 11 2004 8 1984 82001 11 1984 4 7 2011 5 2003 102010 5 1982 1999 2010 8 2008 72010 72007 62008 7 2008 22008 7 1993 62007 6 1984 81993 61984 8 2011 5 1999 1985 2012 76
1 2 3 4 5 6 7 77 2012
1 2 3 2004 8 2002 62004 8 1998 82002 7 1983 4 5 6 2010 8 19882009 5 2010 72003 72009 5 2000 112003 7 2010 3 2008 7 2010 8 19802009 3 2010 72008 32009 3 2005 22008 8 2010 9 2011 11 2012 31999 2008 6 1990 2000 62008 5 2011 12 1982 1999 2012 78
8 9 10 8 2007 3 19831985 9 10 2012 9 1994 IT 1990 19931994 2011 1219822007 62011 121998 6 2007 2 1982 1999 79 2012
2012 2 15 2012 5 31 Alberto TOGNI 2012 10 25 Nout WELLINK 2012 11 19 2013 3 17 2013 1 30 2013 2013 2 72013 2013 3 26 2012 2012 2 21 2012 8 19 2012 9 20 2012 80
2012 81 2012 1 2 3 4 2012 (Capital Weekly)
2012 82 2012 4 1 2012 2011 2012 4 12 2011 2012 5 302011 2012 10 25 2013 2013 2 72013
2012 83 2012 1 62012 2010 2012 5 30 2011 2011 2011 2011 2011 2012 2012Nout WELLINK 2012 10 252012 2011 2013
2012 1 62012 5 302012 10 25 2012 2011 2011 2011 2012 7 2/3 2/3 3/3 2/2 3/3 3/3 3/3 3/3 3/3 3/3 2/3 Alberto TOGNI 0/2 2/3 3/3 2/3 2/3 Nout WELLINK 1/1 1 2 I.(c) 2012 4 1 2012 2011 2011 2012 2012 143 5 6 2012 84
2012 3 294 265 308 2310 2512 13 6 2011 2011 2011 2013 39 10 201212 2012 17/18 2/2 18/18 2/2 18/18 4/4 16/17 6/7 15/15 1/2 4/4 18/18 2/2 6/6 18/18 2/2 8/8 18/18 2/2 8/8 18/18 2/2 6/6 18/18 2/2 4/4 18/18 6/6 8/8 4/4 4/4 Alberto TOGNI 6/7 1/1 2/2 2/4 1/1 18/18 6/6 6/8 4/4 4/4 18/18 6/6 4/4 4/4 18/18 6/6 8/8 2/2 4/4 18/18 2/2 6/6 4/4 Nout WELLINK 4/4 0/0 1/1 1/1 99% 95% 100% 90% 100% 100% 1 2 2012 18612 3 Alberto TOGNI2012 5 30 4 2012 12 13 5 2012 8 22 85 2012
2012 86 8 Nout WELLINK 2012 2 2011 8 Nout WELLINK 20126 2011 2012 2013 2012 2013 2013 2013 2012 20122012 2013 2012 2012 2013
2012 87 2013 3 26 7 Nout WELLINK 20128 5
2012 88 20123 1 2011 2012 2012 2011 Nout WELLINK 6 20124 2012 2012 2011 2011 6 3.13 2012 2012 2012 2012 A.6.5
2012 89 [2003]56 Nout WELLINK 2012 12 31 8,466.27 8 232 2012 6 1 4 2012 25 143 2012
2012 90 2011 2012 2012 2012 12 31 2.22 1,500 600 102012 2006 2 2012 2013 2012 2011 2012 200 2012 2012 2012 2011 LACP(League of American Communications Professionals) 25 50 Galaxy Awards
2012 30% 2012 20120.175 2013 5 29 2012 2013 5 29 2012 5 302011 0.1552011 2012 7 432.68 2012 6 302012 2011 2010 2009 0.155 0.146 0.14 43,268 40,756 35,537 35% 39% 44% 1 2 2009 2011 3 24 35% 45%2010 2013 2012 10 25 10% 2013 2013 2 72013 2012 2011 H 2013 6 11 6 17 H H 2013 6 104 30 183 17 1712 1716 H 2013 6 7 4,457.9 91 2012
34 14 2012 14A.3114A.33 2002 7 5(BVI) (BVI) 8.50 2002 7 25 4 10 2002 7 5 2012 1 1 2012 2002 7 5 8.50 2003 7 252012 7 4 1,446,000 1,446,000 1,446,000 18 2012 12 31 XV 352 2012 92
2012 93 32 (BVI) 2012 517 33 A H 2012 11 27 230 2012 A [2012]85 1 1 1 1 1 50% 125% 20% 12 10% H H 10% H [2008]897 H2008 10% 2013 3 26
2012 1 183 294 267 168 2310 25 62 2011 2011 20112012 2011 20 2012 8/8 8/8 8/8 8/8 4/4 4/4 4/4 8/8 7/8 98% 1 2 2012 86 2 3 2012 7 16 2012 1 2011 42011 2011 2012 7 2012 94
22 95 2012
2012 96 2005 11 (1) (2)
1 MA MasterCard Inc. 55,679 55,679 171,909,704 6.17% 41,137,868 2 941 HK 117,676,917 285,024 1,739,500 127,287,391 4.57% 9,603,855 3 1038 HK 74,683,743 323,271 1,998,199 76,794,624 2.76% 2,353,673 4 939 HK 72,826,590 43,024,334 15,220,809 76,761,219 2.76% 13,432,937 5 2 HK 76,650,742 150,850 1,431,425 75,213,889 2.70% 2,792,431 6 XS0283693447 71,913,180 10,000 7,500 72,363,900 2.60% 2,314,631 7 XS0301648738 Sherson Ltd. 49,666,926 500 49,813,524 1.79% 1,177,971 8 XS0630257474 Wharf Finance (2014) Ltd. 49,350,269 20 30 49,256,100 1.77% 1,313,208 9 3983 HK 46,159,207 1,955 11,308,086 47,585,015 1.71% 1,426,183 10 857 HK 42,583,658 449,400 5,246,151 46,584,530 1.67% 2,350,698 1,532,238,412 1,991,043,211 71.50% 381,724,085 (313,196,402) 2,133,749,644 2,784,613,107 100.00% 146,431,138 1 2 3 4 97 2012
2008 HK 316,010,545 412,000,000 8.30% 412,000,000 8.30% 831,783,504 14,030,083 183,727,280 549 HK 56,050,159 94,841,726 10.95% 94,841,726 10.95% 31,835,636 (11,073,265) 372,060,704 863,619,140 14,030,083 172,654,015 1 5% 2 97,225,363 20% 13% 225,860,038 37,721,636 989,317,890 14% 14% 1,163,747,625 107,355,843 13,459 1,660 11% 1,660 11% 13,459 58,360,089 10% 10% 94,897,383 8,020,963 1,144,916,801 1,484,518,505 45,742,599 107,355,843 1 2 5% 3 4 1,250,385,708 599,648,220 (422,191,752) 1,427,842,176 4,023,879,226 399,353,748 2012 98
2 2012 2012 20062012 2012 2012 2012 Nout WELLINK 99 2012
(2013) 10826 2012 12 312012 (1) (2) 2012 100
(2013) 10826 2012 12 312012 2013 3 26 101 2012
................................................................. 104..................................................................... 106................................................................... 108................................................................. 110................................................................. 112...................................................................... 114................................................................... 114............................................................. 114...................................................................... 115.......................................... 136.............................................................................. 139 1.......................................................... 139 2................................................................... 140 3....................................................................... 140 4................................................................. 141 5.......................................................... 143 6............................................................... 147 7....................................................................... 147 8................................................................. 148 9............................................................... 152 10................................................................. 153 11............................................................... 154 12................................................................... 155 13................................................................... 156 14....................................................................... 157 15....................................................................... 161 16........................................................................... 165 17....................................................................... 165 18................................................................... 167 19................................................................. 169 20...................................................... 169 21....................................................................... 169 22................................................................. 169 23............................................................. 169 24....................................................................... 170 25................................................................... 171 26....................................................................... 174 27....................................................................... 174 28....................................................................... 174 29....................................................................... 175 30..................................................................... 179 2012 102
31...................................................................... 182 32.................................................................. 183 33......................................................... 185 34............................................. 186 35.................................................................. 187 36.................................................................... 187 37............................................................ 188 38...................................................................... 188 39.............................................................. 189 40...................................................................... 189 41.................................................................. 189 42................................................................ 190 43.................................................................. 190 44.................................................................. 192 45.................................................................. 193 46.............................................................. 193 47.................................................................... 193 48...................................................................... 194 49.................................................................. 195 50................................................................ 196......................................................................... 197 1................................................................ 202 2.................................................................... 202 3................................................................ 202 4.................................................................... 202 5...................................................................... 203 6.................................................................. 203 7...................................................................... 203 8.................................................................. 204......................................................................... 204 1.......................................................................... 210 2.............................................................. 210 3...................................................................... 211 4...................................................................... 239 5.................................................................... 251 6....................................................... 261 7...................................................................... 266 8...................................................................... 268.......................................................... 269........................... 270.................................................... 271 103 2012
2012 12 31 2012 2011 2012 2011 * 1 2,006,772 1,981,484 1,925,443 1,840,982 2 703,099 529,131 679,512 520,325 150,534 95,907 145,174 91,642 3 349,251 454,668 338,525 416,340 4 71,590 73,807 29,654 31,887 5 40,188 42,757 15,939 20,969 6 98,048 163,698 96,958 160,893 7 54,188 54,817 49,288 50,174 8 6,710,040 6,203,138 5,990,570 5,546,805 9 686,400 553,318 307,010 271,364 10 1,183,080 1,074,116 1,163,416 1,025,620 11 269,454 299,518 261,262 290,387 12 12,382 13,293 87,329 83,837 13 17,142 14,616 1,474 1,280 14 150,324 138,234 81,223 74,529 15 12,358 11,955 11,369 10,967 16 1,796 1,727 30 21,292 19,264 22,084 19,648 17 142,677 104,341 35,890 21,188 12,680,615 11,829,789 11,242,120 10,478,837 * 26 2012 104
2012 12 31 2012 2011 2012 2011 * 19 130,022 81,456 118,262 73,847 20 1,553,192 1,370,943 1,516,858 1,273,561 21 243,543 231,198 243,727 270,316 22 14,061 2,106 5 32,457 35,473 16,382 17,387 23 69,461 34,640 69,389 33,993 24 9,173,995 8,817,961 8,111,074 7,806,900 25 28,833 26,024 26,854 24,567 26 34,994 29,353 32,900 26,527 27 107,486 75,352 105,450 73,809 28 2,091 2,396 1,777 2,087 29 199,133 169,902 178,438 148,271 30 3,838 2,966 186 124 31 225,967 192,882 47,419 42,234 11,819,073 11,072,652 10,468,716 9,793,623 33.1 279,147 279,147 279,147 279,147 33.1 122,727 119,045 114,770 114,274 33.2 (15) (25) 34.1 65,362 52,165 63,562 50,487 34.2 131,909 81,243 126,663 76,515 242,899 210,599 191,079 166,950 (17,352) (18,260) (1,817) (2,159) 824,677 723,914 773,404 685,214 35 36,865 33,223 861,542 757,137 773,404 685,214 12,680,615 11,829,789 11,242,120 10,478,837 * 26 105 2012
2012 2012 2011 2012 2011 * 366,091 328,166 321,016 289,548 36 256,964 228,064 234,781 208,090 36 506,528 413,102 475,937 385,474 36 (249,564) (185,038) (241,156) (177,384) 37 69,923 64,662 61,729 56,035 37 75,198 70,018 64,101 58,096 37 (5,275) (5,356) (2,372) (2,061) 38 14,719 18,980 16,927 23,455 613 516 7 6 39 1,953 4,367 (3,488) 2,117 40 (3,527) (9,051) 59 (7,853) 41 26,059 21,144 11,008 7,704 (178,786) (159,627) (152,843) (138,480) 42 (22,925) (18,581) (22,432) (18,208) 43 (116,436) (106,905) (102,816) (94,561) 44 (19,387) (19,355) (18,063) (17,838) 45 (20,038) (14,786) (9,532) (7,873) 187,305 168,539 168,173 151,068 46 698 648 482 354 46 (623) (543) (530) (481) 187,380 168,644 168,125 150,941 47 (41,858) (38,142) (37,508) (33,995) 145,522 130,502 130,617 116,946 139,432 124,276 130,617 116,946 6,090 6,226 * 26 145,522 130,502 130,617 116,946 2012 106
2012 2012 2011 2012 2011 * 48 0.50 0.45 0.48 0.43 49 5,704 (6,063) 841 (520) 151,226 124,439 131,458 116,426 144,021 119,699 131,458 116,426 7,205 4,740 * 26 151,226 124,439 131,458 116,426 34.3 107 2012
2012 2011 279,147 119,001 (25) 52,165 81,243 209,816 (18,185) 32,732 755,894 44 783 (75) 491 1,243 2012 1 1 279,147 119,045 (25) 52,165 81,243 210,599 (18,260) 33,223 757,137 3,682 10 13,197 50,666 32,300 908 3,642 104,405 139,432 6,090 145,522 49 3,681 908 1,115 5,704 3,681 139,432 908 7,205 151,226 33 10 8 18 13,187 50,667 (107,122) (3,571) (46,839) 1. 34.1 13,187 (13,187) 2. 34.2 50,667 (50,667) 3. 34.3 (43,268) (3,571) (46,839) 1 10 (1) (10) 1. 1 10 (1) (10) 2012 279,147 122,727 (15) 65,362 131,909 242,899 (17,352) 36,865 861,542 2012 108
2012 * 2010 279,147 119,003 (138) 40,227 71,195 148,355 (13,624) 31,985 676,150 36 690 (33) 419 1,112 2011 1 1 279,147 119,039 (138) 40,227 71,195 149,045 (13,657) 32,404 677,262 6 113 11,938 10,048 61,554 (4,603) 819 79,875 124,276 6,226 130,502 49 27 (1) (4,603) (1,486) (6,063) 27 124,275 (4,603) 4,740 124,439 33 113 57 170 11,922 10,054 (62,732) (3,978) (44,734) 1. 34.1 11,922 (11,922) 2. 34.2 10,054 (10,054) 3. 34.3 (40,756) (3,978) (44,734) (21) 16 (6) 11 1. (21) 16 (6) 11 2011 279,147 119,045 (25) 52,165 81,243 210,599 (18,260) 33,223 757,137 * 26 109 2012
2012 2012 1 1 279,147 114,274 50,487 76,515 166,950 (2,159) 685,214 496 13,075 50,148 24,129 342 88,190 130,617 130,617 49 496 3 342 841 496 130,620 342 131,458 13,075 50,152 (106,495) (43,268) 1. 34.1 13,075 (13,075) 2. 34.2 50,152 (50,152) 3. 34.3 (43,268) (43,268) (4) 4 1. (4) 4 2012 279,147 114,770 63,562 126,663 191,079 (1,817) 773,404 2012 110
2012 2011 1 1 279,147 114,366 38,777 67,604 111,380 (998) 610,276 (92) 11,710 8,911 55,570 (1,161) 74,938 116,946 116,946 49 640 1 (1,161) (520) 640 116,947 (1,161) 116,426 (732) (732) 11,710 8,915 (61,381) (40,756) 1. 34.1 11,710 (11,710) 2. 34.2 8,915 (8,915) 3. 34.3 (40,756) (40,756) (4) 4 1. (4) 4 2011 279,147 114,274 50,487 76,515 166,950 (2,159) 685,214 111 2012
2012 2012 2011 2012 2011 538,283 1,179,553 547,471 1,188,706 48,566 8,041 44,415 8,727 123,420 63,411 523,674 417,086 490,071 386,713 76,606 55,182 53,885 26,859 1,310,549 1,659,862 1,199,253 1,611,005 (168,020) (137,543) (525,682) (683,599) (461,937) (613,376) (73,153) (203,954) (75,500) (188,664) (215,520) (168,280) (205,494) (158,841) (64,185) (58,970) (55,785) (50,641) (61,198) (46,462) (56,176) (42,327) (106,887) (116,220) (107,545) (91,720) (1,046,625) (1,445,505) (962,437) (1,283,112) 50 263,924 214,357 236,816 327,893 1,209,594 1,336,845 579,148 824,065 62,458 55,262 59,932 54,722 2,737 471 4 2,019 3,949 264 156 1,276,808 1,396,527 639,344 878,947 (1,428,836) (1,307,098) (728,962) (814,177) (29,490) (32,455) (18,125) (18,648) (1,028) (1,200) (3,489) (4,601) (1,459,354) (1,340,753) (750,576) (837,426) (182,546) 55,774 (111,232) 41,521 2012 112
2012 2012 2011 2012 2011 8 57 6 57 2 43,522 36,841 43,175 32,000 10 113 43,540 37,011 43,175 32,000 (53,290) (49,178) (48,663) (44,313) (43,268) (40,756) (43,268) (40,756) (3,571) (3,978) (15,342) (793) (14,024) (1,000) (68,632) (49,971) (62,687) (45,313) (25,092) (12,960) (19,512) (13,313) (1,371) (9,174) 1,270 (8,496) 54,915 247,997 107,342 347,605 1,017,368 769,371 820,362 472,757 50 1,072,283 1,017,368 927,704 820,362 113 2012
1912 2 51949 1949 1994 2004 8 26 2006 B0003H111000001 100000000001349 2012 67.72% 2011 12 3167.60% 2013 3 26 2006 2 15 38 15 2010 2012 2012 12 312012 2012 114
1 1 1 2 3 50% 115 2012
3 4 (1) (2) (3) 5 5.1 2012 116
5 5.1 (1) (2) 117 2012
5 5.1 (2) (3) (4) (5) 5.2 5.3 2012 118
5 5.3 5.4 5.5 119 2012
5 5.6 50%50% 620%20%1 30% 2012 120
5 5.6 (1) 121 2012
5 5.6 (2) 5.7 2012 122
5 5.7 (1) (2) (3) 123 2012
5 5.8 5.9 5.10 6 2012 124
7 8 20% 50% 125 2012
9 10 10.1 15 50 3% 1.9% 6.5% 3 15 3% 6.4% 32.4% 4 6 3% 16.1% 24.3% 2012 126
10 10.2 25 0% 15% 10.3 11 11.1 11.2 11.3 127 2012
12 13 14 2012 128
15 15.1 2004 1 1 15.2 2003 15.3 129 2012
15 15.4 (1) (2) 15.5 16 2012 130
17 17.1 17.2 (1) (2) 17.3 18 131 2012
19 20 21 22 2012 132
23 24 24.1 24.2 133 2012
25 26 201212 2011 12 312011 1 1 2011 2011 12 312011 1 1 2011 2011 19,516 (252) 19,264 1,752 (25) 1,727 11,808,798 11,808,798 11,830,066 (277) 11,829,789 4,486 (1,520) 2,966 11,069,686 11,069,686 11,074,172 (1,520) 11,072,652 119,001 44 119,045 209,816 783 210,599 (18,185) (75) (18,260) 412,530 412,530 723,162 752 723,914 32,732 491 33,223 755,894 1,243 757,137 11,830,066 (277) 11,829,789 2012 134
26 2011 1 1 24,041 (136) 23,905 1,851 (26) 1,825 10,433,973 10,433,973 10,459,865 (162) 10,459,703 3,919 (1,274) 2,645 9,779,796 9,779,796 9,783,715 (1,274) 9,782,441 119,003 36 119,039 148,355 690 149,045 (13,624) (33) (13,657) 390,431 390,431 644,165 693 644,858 31,985 419 32,404 676,150 1,112 677,262 10,459,865 (162) 10,459,703 135 2012
26 2011 (108,511) 1,606 (106,905) (13,180) (1,606) (14,786) 290,335 290,335 168,644 168,644 (38,325) 183 (38,142) 130,319 183 130,502 124,182 94 124,276 6,137 89 6,226 130,319 183 130,502 0.44 0.01 0.45 0.43 0.43 1 2012 136
1 2 3 22 137 2012
4 22 5 6 15.2 25 7 8 2012 138
2012 2011 25% 25% 5% 5% 1% 7% 1% 7% 3% 3.5% 3% 3.5% 16.5% 16.5% 1 2012 2011 2012 2011 72,475 61,833 66,081 55,830 (1) 1,476,088 1,467,139 1,466,433 1,457,962 (2) 204,943 181,020 200,636 179,390 (3) 253,266 271,492 192,293 147,800 2,006,772 1,981,484 1,925,443 1,840,982 (1) 2012 12 31 20.0% 2011 12 3121.0%5.0% 2011 12 315.0% (2) (3) 139 2012
2 2012 2011 2012 2011 617,598 416,233 579,105 385,164 2,525 3,541 2,510 3,378 82,796 109,306 97,792 131,735 180 51 105 48 (1) 703,099 529,131 679,512 520,325 (1) 6 3 2012 2011 2012 2011 200,796 293,218 166,769 244,652 84,652 78,143 81,501 78,143 (1) 64,006 83,545 61,533 71,311 (1) 28,925 22,472 349,454 454,906 338,728 416,578 (203) (238) (203) (238) (2) 349,251 454,668 338,525 416,340 203 238 203 238 0.06% 0.05% 0.06% 0.06% (1) 6 (2) 2012 12 31622 2012 140
4 2012 2011 2012 2011 1,362 6,355 566 5,931 10 10 6,060 2,135 4,445 1,803 148 204 40 2,761 2,054 2,162 1,436 17,282 15,127 148 153 274 417 4,403 4,723 32,448 31,168 7,183 9,210 265 409 488 729 (1) 33,201 32,306 7,183 9,210 141 2012
4 2012 2011 2012 2011 71 69 71 69 1,893 1,822 1,893 1,822 196 196 4,758 327 2,845 332 384 463 384 393 21,025 26,690 11,431 14,276 3,666 3,936 1,085 1,705 32,325 33,307 17,905 18,265 515 3,115 (2) 4,566 4,412 4,566 4,412 983 667 38,389 41,501 22,471 22,677 71,590 73,807 29,654 31,887 (1) (2) 2012 2011 2012 142
5 5.1 2012 2011 (1) 2,025,786 29,962 (20,715) 1,930,235 31,615 (21,687) 56,881 201 (235) 17,404 203 (50) 2,082,667 30,163 (20,950) 1,947,639 31,818 (21,737) 645,376 7,785 (9,001) 618,375 9,027 (11,390) 1,917 (3) 2,201 1 (18) 249 2 3,424 1 (1) 647,542 7,787 (9,004) 624,000 9,029 (11,409) 4,721 22 (106) 3,991 102 (98) 148,365 2,216 (2,397) 77,347 1,808 (2,229) 315 2,883,295 40,188 (32,457) 2,653,292 42,757 (35,473) 143 2012
5 5.1 2012 2011 (1) 1,500,454 11,565 (9,888) 1,506,582 15,637 (9,501) 43,718 179 (209) 8,730 102 (25) 1,544,172 11,744 (10,097) 1,515,312 15,739 (9,526) 359,463 3,144 (4,772) 262,617 4,337 (6,360) 1,886 (3) 945 (14) 361,349 3,144 (4,775) 263,562 4,337 (6,374) 104 107 96,344 1,051 (1,510) 40,143 893 (1,487) 315 2,001,969 15,939 (16,382) 1,819,439 20,969 (17,387) (1) 2012 144
5 5.2 2012 2011 1,121 26 38,003 2,707 (1,373) 28,040 2,389 (900) (1) 38,003 2,707 (1,373) 29,161 2,415 (900) 2,574 34 (44) 3,432 48 (81) 523 (11) 576 (16) (2) 3,097 34 (55) 4,008 48 (97) 41,100 2,741 (1,428) 33,169 2,463 (997) 145 2012
5 5.2 (1) 2012 2011 390 1,158 (359) (1,275) 31 (117) (2) 2012 0.31 2011 0.092012 2011 2012 2011 (3) 2012 0.15 2011 8.262012 2011 2012 146
6 2012 2011 2012 2011 38,924 90,925 37,834 88,596 54,698 72,773 54,698 72,297 4,426 4,426 98,048 163,698 96,958 160,893 7 7.1 2012 2011 2012 2011 25,705 22,494 22,823 19,957 21,850 22,164 20,524 20,982 6,633 10,159 5,941 9,235 54,188 54,817 49,288 50,174 7.2 2012 2011 2012 2011 54,817 42,025 50,174 38,254 505,577 411,650 475,030 384,370 (506,206) (398,858) (475,916) (372,450) 54,188 54,817 49,288 50,174 147 2012
8 8.1 2012 2011 2012 2011 4,813,749 4,628,846 4,317,362 4,168,833 166,650 96,459 163,742 93,551 4,980,399 4,725,305 4,481,104 4,262,384 1,348,359 1,213,322 1,167,766 1,050,046 160,865 97,659 151,510 89,828 375,073 306,528 341,228 281,199 1,884,297 1,617,509 1,660,504 1,421,073 6,864,696 6,342,814 6,141,608 5,683,457 (38,537) (36,265) (37,813) (35,749) (116,119) (103,411) (113,225) (100,903) (154,656) (139,676) (151,038) (136,652) 6,710,040 6,203,138 5,990,570 5,546,805 8.2 3.5 2012 148
8 8.3 (1) (2) 2012 6,799,241 15,106 50,349 65,455 6,864,696 0.95% (106,918) (9,201) (38,537) (47,738) (154,656) 6,692,323 5,905 11,812 17,717 6,710,040 2011 6,279,508 12,842 50,464 63,306 6,342,814 1.00% (95,052) (8,359) (36,265) (44,624) (139,676) 6,184,456 4,483 14,199 18,682 6,203,138 (1) (2) 2012 6,077,776 15,013 48,819 63,832 6,141,608 1.04% (104,058) (9,167) (37,813) (46,980) (151,038) 5,973,718 5,846 11,006 16,852 5,990,570 2011 5,621,032 12,790 49,635 62,425 5,683,457 1.10% (92,573) (8,330) (35,749) (44,079) (136,652) 5,528,459 4,460 13,886 18,346 5,546,805 (1) (2) 149 2012
8 8.4 2012 2011 36,265 103,411 139,676 36,834 86,022 122,856 15,203 37,287 52,490 12,066 41,425 53,491 (10,955) (22,449) (33,404) (11,875) (22,344) (34,219) (2,409) (1,800) (4,209) (949) (860) (1,809) 600 66 666 589 21 610 (104) (259) (363) (98) (216) (314) (63) (137) (200) (302) (637) (939) 38,537 116,119 154,656 36,265 103,411 139,676 2012 2011 35,749 100,903 136,652 36,427 83,965 120,392 14,690 36,619 51,309 11,760 40,655 52,415 (10,484) (22,314) (32,798) (11,490) (22,280) (33,770) (2,388) (1,626) (4,014) (876) (744) (1,620) 409 40 449 314 1 315 (96) (259) (355) (97) (214) (311) (67) (138) (205) (289) (480) (769) 37,813 113,225 151,038 35,749 100,903 136,652 2012 150
8 8.5 2012 2011 115,855 23,821 139,676 101,376 21,480 122,856 48,709 3,781 52,490 50,248 3,243 53,491 (33,341) (63) (33,404) (34,135) (84) (34,219) (3,192) (1,017) (4,209) (1,197) (612) (1,809) 604 62 666 577 33 610 (147) (216) (363) (140) (174) (314) (193) (7) (200) (874) (65) (939) 128,295 26,361 154,656 115,855 23,821 139,676 2012 2011 113,232 23,420 136,652 99,252 21,140 120,392 47,782 3,527 51,309 49,414 3,001 52,415 (32,785) (13) (32,798) (33,722) (48) (33,770) (3,171) (843) (4,014) (1,129) (491) (1,620) 425 24 449 315 315 (139) (216) (355) (137) (174) (311) (202) (3) (205) (761) (8) (769) 125,142 25,896 151,038 113,232 23,420 136,652 151 2012
9 2012 2011 2012 2011 80,361 56,338 70,154 49,384 2,950 1,872 1,855 1,368 77,224 48,667 49,943 39,270 45,852 13,294 15,247 3,136 81,716 67,116 61,708 59,303 171,057 133,912 58,423 55,691 40,156 34,175 7,992 5,385 129,297 148,506 34,740 50,058 26,106 20,212 5,045 6,133 654,719 524,092 305,107 269,728 24,041 23,281 1,903 1,636 7,640 5,945 686,400 553,318 307,010 271,364 2012 35.91 42.602011 91.3537.88 2012 152
10 2012 2011 2012 2011 645,607 575,744 644,906 562,103 15,350 16,220 15,350 16,220 259,900 270,346 259,104 270,000 38,969 23,182 36,516 21,368 141,317 123,828 140,596 123,120 64,561 33,762 61,907 29,475 4,439 5,443 3,413 195 10,613 22,590 1,110 2,543 2,630 3,355 813 930 1,183,386 1,074,470 1,163,715 1,025,954 (306) (354) (299) (334) 1,183,080 1,074,116 1,163,416 1,025,620 153 2012
11 2012 2011 2012 2011 (1) 160,000 160,000 160,000 160,000 (2) 42,500 42,500 42,500 42,500 (3) 22,291 22,291 20,979 14,480 17,480 14,480 (4) 32,492 41,483 31,564 41,483 11,638 12,845 9,077 9,124 1,319 5,410 115 591 584 591 584 269,519 299,593 261,327 290,462 (65) (75) (65) (75) 269,454 299,518 261,262 290,387 (1) 199920002000 7 11,600 2.25% 2010 2020 6 30 [2004]87 (2) 1998 8 184252028 8 18 7.20%2004 12 1 2.25% (3) 20122011 230.00 (4) 2012 12 31 162.66 2011 332.172012 78.76 2011 168.001.97 2011 2.31 2012 154
12 2012 2011 2012 2011 (1) 12,382 13,293 55 48 (2) 87,274 83,789 12,382 13,293 87,329 83,837 (1) 2012 2011 2012 2011 13,293 12,631 48 45 1,028 1,335 4 (2,296) (464) 613 516 7 6 (57) 254 (129) (192) (70) (787) (4) (3) 12,382 13,293 55 48 3 2012 2011 5,062 4,665 2,438 2,273 946 785 885 731 631 637 496 475 316 226 133 218 188 57 976 3,537 12,382 13,293 2012 155 2012
12 (2) 6 2012 2011 36,915 36,915 29,633 29,633 4,509 4,509 3,753 3,753 3,223 2,126 1,998 1,998 82 82 7,161 4,773 (i) 87,274 83,789 (i) 13 2012 2011 2012 2011 14,616 13,839 1,280 1,285 560 502 14 979 (696) (10) (16) (113) (273) 39 1,006 1,864 165 100 94 (620) 39 (89) 17,142 14,616 1,474 1,280 2012 12 31 87.8268.65 2011 75.2957.91 2012 12 31 2012 156
14 2012 78,989 47,415 19,840 46,584 192,828 781 8,290 11,194 6,481 26,746 13 (979) (979) 4,346 485 (6,932) 2,101 (973) (2,080) (328) (1,395) (4,776) (22) 10 (30) (185) (227) 82,142 54,120 23,744 53,586 213,592 (20,819) (28,317) (4,411) (53,547) (2,405) (7,566) (1,786) (11,757) 954 2,000 247 3,201 2 19 21 (22,268) (33,883) (5,931) (62,082) (775) (252) (20) (1,047) (3) (4) (150) (157) 13 4 1 18 (765) (252) (169) (1,186) 57,395 19,098 19,588 42,153 138,234 59,109 20,237 23,492 47,486 150,324 157 2012
14 2011 74,058 40,752 12,806 43,707 171,323 1,331 8,337 14,069 6,791 30,528 13 706 (10) 696 4,561 542 (6,860) 1,757 (765) (1,977) (16) (3,604) (6,362) (902) (239) (149) (2,067) (3,357) 78,989 47,415 19,840 46,584 192,828 (19,378) (23,942) (3,371) (46,691) (2,275) (6,420) (1,606) (10,301) 666 1,875 406 2,947 168 170 160 498 (20,819) (28,317) (4,411) (53,547) (798) (257) (9) (1,064) (11) (11) 23 5 28 (775) (252) (20) (1,047) 53,882 16,810 12,549 40,327 123,568 57,395 19,098 19,588 42,153 138,234 2012 158