Make Life in Style

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Make Life in Style

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02 MAKE LIFE IN STYLE

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 262 1103 6021 A 27 518040 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road George Town Grand Cayman KY1-1110 Cayman Islands 183 17M 01777 2015 14% 5 2017 13.75% 5 http://www.cnfantasia.com Conyers Dill & Pearman MAKE LIFE IN STYLE 03

04 MAKE LIFE IN STYLE

11.4% 7.8% 4,471 5,592 6,230 731 1,057 1,139 2,459 373 1,174 84 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 1,174,211 2,458,673 4,471,234 5,592,350 6,230,050 469,477 1,026,861 1,924,794 2,391,700 2,520,272 84,259 373,469 730,798 1,057,479 1,139,241 0.02 0.10 0.16 0.21 0.22 4,957,322 11,453,486 15,382,388 18,122,636 24,526,597 3,510,965 7,372,125 10,534,896 12,240,380 17,605,431 MAKE LIFE IN STYLE 05

06 MAKE LIFE IN STYLE

2012 1 2011 2012 4 TOP102009-2012 2012 1 2011 2012 5 2012 2012 1 2011 20 2012 2 2011 2012 3 2012 2012 3 2012100 2012 5 2011 2012 6 TOP102012 TOP10 2009-2012 2012 721 2012 2012 7 MAKE LIFE IN STYLE 07

2012 7 2012 7 2012 2012 8 2012 2012 8 2012 2012 12 2013 1 20121002012 2012 1 e 2012 2012 1 2011 20 2012 1 2012 12011-2012 2012 12 2012 12 2012 2012 3 2011 2012 3 2012 2012 52012 08 MAKE LIFE IN STYLE

2012 5 2012 7 2012 2012 5 2012 8 2012 2012 5 2011 2012 11 2012 5 2012 2012 11 2012 6 2012 122012 LEJU 2012 621 2012 2012 6 4A 2012 721 2012 2012 7 2012 2012 2012 122012 2012 12 2012 12 2012 2012 122012 2013 12012 MAKE LIFE IN STYLE 09

10 MAKE LIFE IN STYLE

2012 1 2012 2 2012 2 2012 2 2012 4 2012 4 2012 5 2012 6 2012 6 2012 9 2012 9 2012 9 ICe 2012 92017 25013.75% 2012 10 7.792 2012 11 2012 11 2.1361% 2012 11 2012 11 2012 11 2012 82,718 2012 8 2012 12 2012 12 2012 MAKE LIFE IN STYLE 11

12 MAKE LIFE IN STYLE

2012 2012 2013 MAKE LIFE IN STYLE 13

2012 100 100 82 14 MAKE LIFE IN STYLE

900 2012 2009 35 100 MAKE LIFE IN STYLE 15

16 MAKE LIFE IN STYLE

2012 8014.4% 2012 2012 MAKE LIFE IN STYLE 17

2012 12 31 6,23011.4% 113,900 7.8% 8923.8% 2012 5.5 2012 M297.42 GDP 7.8% 7.5% 111,304 64,456 1.8% 10.01% 72 8096 14.4% 28.7% 18 MAKE LIFE IN STYLE

1 1232 2 ++ 3 1,324.35 6 3. 4% MAKE LIFE IN STYLE 19

716.49 7.8% 956.34 5 683.39 1 58 4 80 3949% 2012 20 MAKE LIFE IN STYLE

5 2.5 2.5 5 6 2.8 17,990 39,5862011 7 2012 12 31437 38% 5,031 65% 24 V2.0 2013 V2.0 150 V2.0150SOLOMO 8 2012 2012 16 282012 6 28 MAKE LIFE IN STYLE 21

1 2 3 4 V2.0 5 22 MAKE LIFE IN STYLE

6 201216 2013 3 23 MAKE LIFE IN STYLE 23

24

(i)(ii) (iii)(iv) (v)2012 12 31 6,2302011 5,59211.4% 1,13920111,057 7.8% 11.4% 7.8% 4,471 5,592 6,230 731 1,057 1,139 2,459 373 1,174 2008 2009 2010 2011 2012 84 2008 2009 2010 2011 2012 MAKE LIFE IN STYLE 25

2012 5,8852011 5,3969.1% 20122011 2012 2011 1,311,210 125,194 10,473 779,537 22,592 34,505 691,572 137,054 5,046 366,991 70,136 5,233 594,511 50,702 11,725 584,605 138,738 4,214 378,592 88,059 4,299 511,323 62,483 8,183 438,723 62,496 7,020 247,283 22,819 10,837 131,398 11,880 11,060 242,746 27,887 8,705 564,365 61,750 9,139 147,861 19,964 7,406 1,198,527 130,058 9,215 131,039 4,378 29,931 897,520 32,118 27,944 101,440 12,211 8,307 138,899 16,522 8,407 32,181 5,210 6,177 33,125 3,757 8,818 20,729 1,768 11,725 660,198 50,674 13,028 2,852 99 28,808 907,563 44,903 20,212 14,374 1,293 11,121 9,036 766 11,800 6,084 168 36,286 5,837,612 693,595 8,416 5,306,672 512,084 10,363 47,702 89,617 5,885,314 5,396,289 26 MAKE LIFE IN STYLE

2011 38136.8% 201290 2011 11 27.3% 2012 14 2011 1 2011 125 48.0% 2012 185 2012 2011 23139.1% 2012 55 2012 2011 2,3925.4% 2012 2,520 201240.5% 201142.8%2012 2012 2012 322011 4731.9% 2012 2011 262 19.8% 2012 3142011 2012 2012 8,014 20117,005 MAKE LIFE IN STYLE 27

MAKE LIFE IN STYLE 28 2011 3105.8% 2012 292 2012 582011 10846.8% 2011 1,03821.5% 2012 1,2612011 2012 2011 1,057 7.8% 2012 1,139 20112012 2012 12 31 3,496 2011 1,336 2011 12 31 161.7% 2012 12 31 7082011 315 2011 12 31124.8% 2012 12 31 1.48 2011 12 31 1.502011 12 31 74.2%2012 12 31 66.4% 2012 12 31 32.1% 201130.3% 2012 12 315,552 2011 12 31 4,741 2,3292011 12 31 752 1,8612011 12 31 1,896 3,337 2011 12 31 2,153 2 5 3542011 12 31 692 5 2 5 2012 12 31 2012

2012 12 31 4,71820112,773 91201198 2012 12 31 2,751 2011 2,479 2012 12 31 2012 12 31 7,5022011 12 316,9292012 12 31 2422011 251 2009 10 272012 10 68,430,0000.8 23,260,000 2011 2012 12 31 2012 12 31 119,400,000 MAKE LIFE IN STYLE 29

2012 2012 2012 92013 12.5201713.75% 2.5202010.75% 72 8,014 959,9053,911 49% 2012 3 31% 31% 36% 20% 49% 33% 2012 % % 3,911 49% 340,483 36% 1,646 20% 320,067 33% 2,457 31% 299,355 31% 8,014 100% 959,905 100% 30 MAKE LIFE IN STYLE

10 19918 2012 2012 10% 15% 8% 10% 45% 30% 47% 35% 2012 % % 3,574 45% 449,236 47% 2,439 30% 330,088 35% 1,223 15% 99,435 10% 778 10% 81,146 8% 8,014 100% 959,905 100% 2010 2012 61% 2012 2011 681.42 1 954.75 5 714.65 8.9% 449,2363,574 47% 45% 2012 12 31 1,013,151 765,301 MAKE LIFE IN STYLE 31

32 MAKE LIFE IN STYLE 2,204,446 1 99,540 10 2001 10 330,088 2,439 35% 30% 2012 12 31 1,095,952 837,695 2,009,373 4,536,379 2012377,484 140,000 CBD 81,146 778 8% 10% 2012 12 31 75,028 53,121 775,630 58 99,435 1,223 10% 15% 2012 12 31 488,082 338,721 364,234 49,246 1,454,515979,928 2,672,2135,353,683

10 1,454,515 2012 1 3 2014 100% 158,625 2 1.1 2014 100% 37,635 3 3 2014 100% 160,250 4 1 2 12013 22014 100% 138,767 1 4.2 2014 100% 161,355 2 2.1 2015 100% 424,872 3 2015 100% 192,758 4 2014 100% 40,616 1 2013 100% 94,774 2 4 2013 100% 44,863 1,454,515 MAKE LIFE IN STYLE 33

9 979,928 2012 2012 1 61,156 46,793 745 22,592 23,456 22,592 2 1 83,195 64,958 371 64,587 7,975 3 2 180,511 159,199 12,955 146,244 84,364 1 3 180,586 135,736 178 135,558 34,088 2 244,338 203,747 68,659 126,088 9,000 61,563 3 2.1 13,080 8,339 4,602 112 3,625 1 6 50,755 41,321 15,016 26,305 5,757 2 1 111,215 83,675 16,482 67,193 40,940 1 55,092 54,673 2,404 52,269 38,247 979,928 798,441 121,412 640,948 36,081 295,526 2012 12 31 17 2,672,213 1,994,838692,239 1 21 1.44 54%231.12.2 1.1 4 62 36 645,49024% TCL 34 MAKE LIFE IN STYLE

3 124.14.2 556,55021%33,700 1% 2012 1 3 100% 2014 160,250 113,183 76,328 36,855 36,855 2 1 2 100% 12013 22014 138,766 111,455 91,784 19,671 19,671 1 2 3 100% 22013 32014 235,569 173,053 43,379 129,674 129,674 1 1 100% 1.12013 1.22014 1.32014 440,931 330,646 93,773 166,350 70,523 103,533 2 1.1 100% 2014 37,635 36,964 23,763 13,201 13,201 1 2.2 100% 2014 6,916 6,347 2,160 4,187 4,187 2 100% 2016 33,700 33,700 33,700 3 4.14.2 100% 4.12013 4.22014 180,237 134,499 30,747 103,752 103,218 4 100% 2013 180,168 132,151 56,597 75,554 41,013 5 2 100% 2016 424,872 344,236 343,735 501 501 6 1 100% 2015 192,758 122,274 117,926 4,348 4,348 1 100% 2013 77,301 64,488 16,235 48,253 36,092 1 1.1 100% 2013 75,028 53,121 16,313 36,808 36,198 1 4 6 100% 2013 2014 82,907 47,651 35,242 12,409 11,386 1 23 100% 2013 2015 207,435 141,111 139,075 2,036 2,036 2 100% 2013 102,967 83,126 68,949 14,177 14,177 1 100% 2013 94,773 66,833 20,391 24,463 21,979 24,463 2,672,213 1,994,838 1,176,397 692,239 126,202 580,553 MAKE LIFE IN STYLE 35

2012 12 31 14 5,353,683 2,009,373 38% 2,204,44641% 364,2347% 775,63014% 7% 14% 41% 38% 1 61% 77,500 2,754 2 100% 39,587 7,970 117,087 1 100% 253,532 423 253,532 1 100% 239,726 393 2 100% 1,594,101 393 1,833,827 1 100% 1,516,370 281 2 100% 24,973 669 3 100% 283,304 823 4 100% 184,726 823 2,009,373 36 MAKE LIFE IN STYLE

1 100% 140,000 5,195 140,000 1 100% 168,339 766 2 100% 467,291 1,183 635,630 1 100% 344,814 1,522 344,814 1 100% 19,420 1,523 19,420 5,353,683 2012 8 2012 71011 2012 12 318.02 4.69 MAKE LIFE IN STYLE 37

2012 12 31 7,641,704 61% 1,018,651 2,009,373 3,539,848 6,567,872 77,301 996,531 1,073,832 3,317,137 25% 117,087 99,540 216,627 299,016 253,532 552,548 235,569 235,569 478,566 1,833,827 2,312,393 850,658 7% 140,000 140,000 75,028 635,630 710,658 1,013,267 8% 82,907 344,814 49,246 574,239 310,402 19,420 344,255 94,773 94,773 2,672,213 5,353,683 4,685,165 12,822,766 2012 12 3143738% 5,03165% 2012 246 38 MAKE LIFE IN STYLE

43 V2.0 2013 V2.0 150 V2.0 150SOLOMO 2012 2012 6 28 (U Hotel)2012 2012 2 25 2012 6 4A 2013 MAKE LIFE IN STYLE 39

2013 2012 20123 5 16 28 16 40 MAKE LIFE IN STYLE

42 1999 16 1992 42 19941996 1996 20062011 44 2012 5 1991 7 14 3 2006 52008 10 MAKE LIFE IN STYLE 41

MAKE LIFE IN STYLE 42 1985 20072008 2011360 70 1992 1993 1995 2003 43 15 2010 1 1997 8 2009 10 2009 10 55 2004 1984 1985 1992 48 2005 7Johnson 20062009 4 19982002 20042005 20082010 2010 7

43 2011 12 200520112002 2005 19972002 1991 43 2006 4 20052006 2005 19942001 1992 45 2002 19972001 1993 2010 MAKE LIFE IN STYLE 43

2012 12 31 48 2012 12 31 60 5.5 2013 5 21 (a) 2013 5 10 2013 5 62013 5 10 2013 5 3 18317 1712 1716 (b) 2013 5 162013 5 21 2013 5 15 18317 1712 1716 39 15 2012 12 31 2,705,875,000 2011 2,823,954,0002,451,225,000 254,650,000 2012 5 28 2012 9 3 2012 11 30 44 MAKE LIFE IN STYLE

2009 11 25 2012 5 23 2012 5 28 3 2009 11 25 2012 12 31 XV7 8 352 XV (i) (1) 3,184,795,500 61.16% 9,980,000 (2) 0.19% 9,980,000 (2) 0.19% 2,770,000 (2) 0.05% 1,600,000 (2) 0.03% 1,600,000 (2) 0.03% 1,600,000 (2) 0.03% 1,600,000 (2) 0.03% (1) Fantasy Pearl International LimitedFantasy Pearl Ice Apex LimitedIce Apex80%Graceful Star Overseas Limited Graceful Star20% Ice Apex XV Fantasy Pearl (2) 2011 8 29 MAKE LIFE IN STYLE 45

(ii) Fantasy Pearl 80 80% Fantasy Pearl 20 20% (1) Ice Apex Fantasy PearlIce Apex (2) Graceful Star Fantasy PearlGraceful Star 2012 12 31 (a) XV (b) 352 (c) 2009 10 27 10% 12 1% 12 (i) 0.1%(ii)5 28 1 (i) (ii) (iii) 5,087,821,750 9.77% 46 MAKE LIFE IN STYLE

2012 12 31 2012 1 1 2012 12 31 2011 8 29 0.836 0.82 4,990,000 4,990,000 (2) 2012 10 16 0.8 0.77 4,990,000 4,990,000 (3) 2011 8 29 0.836 0.82 4,990,000 4,990,000 (2) 2012 10 16 0.8 0.77 4,990,000 4,990,000 (3) 2012 9 3 2012 11 30 2011 8 29 0.836 0.82 2,770,000 2,770,000 0 (1) 2011 8 29 0.836 0.82 2,250,000 2,250,000 0 (2) 2011 8 29 0.836 0.82 2,310,000 2,310,000 0 (1) 2011 8 29 0.836 0.82 1,500,000 1,500,000 0 (2) 2012 10 16 0.8 0.77 2,770,000-2,770,000 0 (3) 2012 10 16 0.8 0.77 2,770,000 2,770,000 (3) 2011 8 29 0.836 0.82 800,000 800,000 (2) 2012 10 16 0.8 0.77 800,000 800,000 (3) 2011 8 29 0.836 0.82 800,000 800,000 (2) 2012 10 16 0.8 0.77 800,000 800,000 (3) 2011 8 29 0.836 0.82 800,000 800,000 (2) 2012 10 16 0.8 0.77 800,000 800,000 (3) 2011 8 29 0.836 0.82 800,000 800,000 (2) 2012 10 16 0.8 0.77 800,000 800,000 (3) 2011 8 29 0.836 0.82 36,970,000 7,660,000 29,310,000 (1) 2011 8 29 0.836 0.82 15,250,000 2,750,000 12,500,000 (2) 2012 10 16 0.8 0.77 49,710,000 1,250,000 48,460,000 (3) 68,430,000 23,260,000 119,400,000 MAKE LIFE IN STYLE 47

(1) (a) 2011 8 29 2021 8 2812 10% (b) 2011 8 29 2021 8 2824 20% (c) 2011 8 29 2021 8 2836 70% (2) (a) 2011 8 29 2021 8 2812 10% (b) 2011 8 29 2021 8 2824 20% (c) 2011 8 29 2021 8 2836 70% (3) (a) 2012 10 16 2022 10 1512 10% (b) 2012 10 16 2022 10 1524 20% (c) 2012 10 16 2022 10 1536 70% 2012 12 31 2010 5 52015 1.2 14% 2012 9 202017 2.5 13.75%2017 2013 1 16 2020 2.5 10.75%2020 2017 2020 38 37 47 2012 12 31 571XV2 3 10% 48 MAKE LIFE IN STYLE

2012 12 31 Fantasy Pearl (1) 3,184,795,500 61.16% Ice Apex (2) 3,184,795,500 61.16% (2) 3,184,795,500 61.16% (1) Fantasy Pearl Ice Apex Graceful Star80% 20%XV Ice ApexFantasy Pearl Ice Apex Graceful Star Graceful StarFantasy Pearl (2) Ice ApexXV Ice Apex 2012 12 31 336 3.13 3.13 30% 30% 5% MAKE LIFE IN STYLE 49

2012 12 31 14A 47 (b) (c) 2012 12 31 301,0002011 301,000 2012 12 31 1,099,000 20114,154,000 (a) 2012 12 31 612,0002011980,000 0.1% 50 MAKE LIFE IN STYLE

50 2012 12 31 2013 3 23 2013 3 22 2012 12 31 MAKE LIFE IN STYLE 51

52 MAKE LIFE IN STYLE

14 2012 4 1 A.2.1 2012 12 31 10 2012 12 31 MAKE LIFE IN STYLE 53

2012 12 31 4142 9 2011 12 31 9/9 1/1 8/9 0/1 2012 5 28 5/6 3.13 2012 9 3 2012 11 30 4/4 1/1 4/9 1/1 7/9 1/1 6/9 1/1 7/9 1/1 7/9 1/1 54 MAKE LIFE IN STYLE

2012 2012 2012 3 12 MAKE LIFE IN STYLE 55

2012 2/2 1/2 2/2 2/2 2012 3 12 2/2 1/2 1/2 2/2 2/2 2012 12 31 12 (a) (b) 2012 3 12 56 MAKE LIFE IN STYLE

2012 12 31 1/1 0/1 1/1 1/1 1/1 1/1 2012 12 31 2012 2012 12 31 3,146,0001,019,000 3,146 1,019 4,165 MAKE LIFE IN STYLE 57

MAKE LIFE IN STYLE 58 2012 12 31 60 58 2012 12 31 www.cnfantasia.com (www.hkexnews.hk) (www.cnfantasia.com)

MAKE LIFE IN STYLE 59

61 137 2012 12 31 2012 12 31 2013 3 18 60 MAKE LIFE IN STYLE

2012 12 31 2012 2011 7 6,230,050 5,592,350 (3,709,778) (3,200,650) 2,520,272 2,391,700 8 31,800 46,922 16 167,876 182,980 29 330,257 191,142 (314,100) (262,433) (291,966) (309,972) 9 (57,698) (108,471) 26 (1,321) 417 171 3,533 41 17,589 10 2,386,858 2,151,840 11 (1,261,209) (1,038,344) 1,125,649 1,113,496 45,708 11,795 (14,633) (4,851) 31,075 6,944 1,156,724 1,120,440 1,139,241 1,057,479 (13,592) 56,017 1,125,649 1,113,496 1,163,210 1,064,423 (6,486) 56,017 1,156,724 1,120,440 14 0.22 0.21 14 0.22 0.21 MAKE LIFE IN STYLE 61

2012 12 31 2012 12 31 2011 12 31 2011 1 1 15 585,687 529,215 374,434 16 3,422,233 2,443,694 1,697,677 17 1,171 1,077 17,795 18 19,720 19 72,041 26 16,488 20 822,252 163,307 346,045 21 591,144 440,275 359,203 11,890 43,370 22 1,217,463 1,335,848 393,849 23 6,890 8,084 24 126,004 104,900 37,000 25 158,123 763,095 28 329,372 220,826 157,504 7,296,547 5,259,116 4,262,013 29 11,372,628 10,222,320 7,644,582 20 28,121 6,413 6,881 21 19,219 11,157 6,101 30 2,142,501 1,216,377 977,179 31 3,262 7,500 32 52,482 16,359 15,939 77,179 51,143 5,580 33 42,200 34 707,614 315,134 85,161 34 2,788,106 1,021,355 2,371,452 17,230,050 12,863,520 11,120,375 35 2,603,457 2,268,829 1,686,718 4,186,104 2,619,004 1,834,067 32 2,291 36 1,573 2,547 100,549 2,238,038 1,527,259 1,104,147 37 2,452,294 2,100,069 2,132,381 11,483,757 8,517,708 6,857,862 5,746,293 4,345,812 4,262,513 13,042,840 9,604,928 8,524,526 62 MAKE LIFE IN STYLE

2012 12 31 2011 12 31 2011 1 1 28 692,558 429,372 247,099 37 3,100,113 2,640,933 2,642,605 38 2,329,003 752,367 787,330 6,121,674 3,822,672 3,677,034 6,921,166 5,782,256 4,847,492 39 457,093 457,093 429,389 6,144,037 5,144,506 4,002,262 6,601,130 5,601,599 4,431,651 320,036 180,657 415,841 6,921,166 5,782,256 4,847,492 61 137 2013 3 18 MAKE LIFE IN STYLE 63

2012 12 31 i ii iii iv iv v 2011 1 1 429,389 2,481,236 (901) 40,600 34,105 1,477 1,516,228 4,502,134 464,336 4,966,470 2 (70,483) (70,483) (48,495) (118,978) 2011 1 1 429,389 2,481,236 (901) 40,600 34,105 1,477 1,445,745 4,431,651 415,841 4,847,492 1,057,479 1,057,479 56,017 1,113,496 11,795 11,795 11,795 (4,851) (4,851) (4,851) 6,944 6,944 6,944 6,944 1,057,479 1,064,423 56,017 1,120,440 27,704 304,736 332,440 332,440 (58,577) (58,577) (286,263) (344,840) 40(b) (260) (260) (4,690) (4,690) 4,690 41 (646) (646) (8,722) (8,722) 13 (165,888) (165,888) (165,888) 44 2,240 2,240 2,240 6,303 (6,303) 2011 12 31 457,093 2,620,084 (64,168) 2,240 40,600 40,408 1,477 6,944 2,496,921 5,601,599 180,657 5,782,256 1,139,241 1,139,241 (13,592) 1,125,649 36,233 36,233 9,475 45,708 (12,264) (12,264) (2,369) (14,633) 23,969 23,969 7,106 31,075 23,969 1,139,241 1,163,210 (6,486) 1,156,724 40 141,215 141,215 4,650 4,650 13 (168,859) (168,859) (168,859) 44 5,180 5,180 5,180 131 (131) 2012 12 31 457,093 2,451,225 (64,168) 7,420 40,600 40,539 1,477 30,913 3,636,031 6,601,130 320,036 6,921,166 (i) (ii) (iii) (iv) (v) 16 64 MAKE LIFE IN STYLE

2012 12 31 2012 2011 2,386,858 2,151,840 (167,876) (182,980) (330,257) (191,142) 12,102 4,824 11,133 6,864 20,960 14,533 37,478 21,474 31 (5) 1,321 10,547 (265) (10,424) (8,941) (537) 57,698 108,471 (7,483) (28,573) (417) (171) 5,180 2,240 (17,589) (3,533) 2,025,530 1,877,831 (506,918) (148,412) 238,955 (909,960) (576,574) (1,229,587) (158,123) (962,992) (141,850) 10,000 17,000 (36,123) (420) (1,397) 2,547 2,291 191,038 519,205 1,567,100 784,937 7,500 1,792,787 778,791 (191,844) (218,726) (244,626) (326,729) (510,313) (436,914) 846,004 (203,578) MAKE LIFE IN STYLE 65

2012 12 31 2012 2011 (21,104) (67,900) (392,480) (229,973) (42,200) (87,114) (63,900) (134,819) (155,933) (149,580) (273,973) 40(a) (458,074) (180,223) 40(b) (53) 822 10,424 8,941 323 6,109 8,114 41 6,375 11,691 96,000 (5,680) (8,084) 21,856 1,450 3,262 (3,262) (19,720) (1,262,475) (856,230) 38 1,530,324 4,650 3,356,804 2,755,861 (2,539,965) (2,738,576) (168,859) (165,888) (8,722) 423 (100,549) (344,840) 332,440 2,183,377 (270,274) 1,767,906 (1,330,082) 1,021,355 2,371,452 (1,155) (20,015) 2,788,106 1,021,355 66 MAKE LIFE IN STYLE

2012 12 31 1. 2007 10 17 2009 11 25 Fantasia Pearl International LimitedIce Apex Limited Cricket Square, Hutchins Drive, PO Box 2681 Grand Cayman KY 1 1111 Cayman Islands 2621103 6021A 27518040 48 2. 12 7 1 2012 20092011 1 2012 62009-2011 2012 62009-2011 2013 1 1 12013 1 1 1 1 1 12 2011 1 1 1 2011 1 1 MAKE LIFE IN STYLE 67

2012 12 31 2. 12 1240 12 12 12 12 2011 1 1118,978,000 2011 12 31217,025,000 2012 12 312011 12 31 131,709,00096,145,0002012 12 312011 12 31 131,709,00096,145,000 2012 2011 131,709 96,145 3,205 1,902 68 MAKE LIFE IN STYLE

2. 2011 12 31 2011 12 31 2011 12 31 212,347 217,025 429,372 2,663,549 (166,628) 2,496,921 (15,673) (48,495) (64,168) 8,846 (1,902) 6,944 2,656,722 (217,025) 2,439,697 2011 1 1 2011 1 1 2011 1 1 128,121 118,978 247,099 1,516,228 (70,483) 1,445,745 464,336 (48,495) 415,841 1,980,564 (118,978) 1,861,586 2011 122011 1 1 48,495,0002011 12 31 MAKE LIFE IN STYLE 69

2012 12 31 2. 2012 2011 0.24 0.23 12 (0.02) (0.02) 0.22 0.21 0.24 0.23 12 (0.02) (0.02) 0.22 0.21 20092011 1 7 1 9 7 9 3 10 11 12 1 10 12 2 27 9 3 10 1 11 1 12 1 13 1 192011 1 272011 1 282011 1 1 4 32 2 20 1 1 2013 1 1 2 2014 1 1 3 2015 1 1 4 2012 7 1 2012 620092011 20092011 2013 1 1 1632 70 MAKE LIFE IN STYLE

2. 2012 620092011 1616 3212 32 9 9 200992010 9 39 9 9 39 92015 1 1 9 2011 6 10 11 12272011 282011 10 2712 10(a)(b) (c)10 113111 1311 1131 11 31 MAKE LIFE IN STYLE 71

2012 12 31 2. 9 12 12 2012 710 11 12 2013 1 1 13 13 13 13 7 13 132013 1 1 1 1 1 1 1 (a)(b) 12012 7 1 72 MAKE LIFE IN STYLE

3. 2010 1 1 (i) (ii) (iii) 39 MAKE LIFE IN STYLE 73

2012 12 31 3. 1219 2 5 74 MAKE LIFE IN STYLE

3. MAKE LIFE IN STYLE 75

2012 12 31 3. 39 36 36 39 36 36 76 MAKE LIFE IN STYLE

3. MAKE LIFE IN STYLE 77

2012 12 31 3. 39 33 78 MAKE LIFE IN STYLE

3. MAKE LIFE IN STYLE 79

2012 12 31 3. (i)37 (ii) 80 MAKE LIFE IN STYLE

3. MAKE LIFE IN STYLE 81

2012 12 31 3. 82 MAKE LIFE IN STYLE

3. 12 MAKE LIFE IN STYLE 83

2012 12 31 4. 3 11,372,628,0002011 10,222,320,000 84 MAKE LIFE IN STYLE

4. 2012 12 31964,674,0002011 410,171,000 2012 12 31 16,488,000 5. 36 37 3834 6. (a) 2012 12 31 2011 12 31 4,702,811 2,530,510 42,200 10,309,378 7,655,232 (b) MAKE LIFE IN STYLE 85

2012 12 31 6. (c) 2012 12 31 2011 12 31 1,030,061 5,195 60,681 288,798 1,693 3,496 8 3,245,589 1,596,688 137,841 163,761 5% 20115% 5% 20115% 5% 20115% 5% 20115% 2012 2011 110,776 79,575 3,858 (6,252) (85) (175) 2012 12 31 20112012 86 MAKE LIFE IN STYLE

6. (d) 37 38 25 201125 25 201125 2012 12 31 6,554,0002011 2,506,000 50 201150 50 201150 2012 12 31 3,811,0002011 5,036,000 (e) 2012 12 31 46 MAKE LIFE IN STYLE 87

2012 12 31 6. (e) 2012 12 31 70% (f) 2012 12 31 408,154,0002011478,000,000 88 MAKE LIFE IN STYLE

6. (f) % 2012 12 31 713,833 385,021 1,275,584 51,957 2,426,395 2,426,395 1,573 1,573 1,573 13.6 6,695 13,390 439,808 200,361 660,254 592,000 7.0 434,449 200,743 1,411,460 3,369,179 153,386 5,569,217 4,960,407 2,750,751 2,750,751 14.9 108,032 213,628 3,348,286 3,669,946 2,329,003 3,907,301 707,186 3,340,480 6,969,783 153,386 15,078,136 10,309,378 2011 12 31 786,674 389,199 949,438 34,005 2,159,316 2,159,316 2,547 2,547 2,547 6.7 238,280 46,333 1,862,997 2,544,013 799,036 5,490,659 4,741,002 2,478,814 2,478,814 14.9 105,855 1,020,746 1,126,601 752,367 3,506,315 435,532 2,918,290 3,598,764 799,036 11,257,937 7,655,232 2012 12 31 591,641,0002011203,761,000 665,539,0002011221,662,000 MAKE LIFE IN STYLE 89

2012 12 31 6. (g) 38 2012 2011 42,200 90 MAKE LIFE IN STYLE

7. 2012 2011 5,885,314 5,396,289 90,266 37,887 14,470 10,571 184,683 124,895 55,317 22,708 6,230,050 5,592,350 3 MAKE LIFE IN STYLE 91

2012 12 31 7. 2012 12 31 5,885,314 90,266 14,470 184,683 55,317 6,230,050 52,388 1,643 1,157 286,021 341,209 2,205,017 294,225 8,109 108,853 (53,756) 2,562,448 16,279,343 3,422,232 8,359 415,056 432,359 20,557,349 34,723 154,868 25,714 98,368 313,673 167,876 167,876 330,257 330,257 7,454 4,648 12,102 11,133 11,133 18,421 1 2,862 16,077 37,361 31 31 11,012 (465) 10,547 92 MAKE LIFE IN STYLE

7. 2011 12 31 5,396,289 37,887 10,571 124,895 22,708 5,592,350 3,617 1,835 7,430 158,781 171,663 2,008,475 231,581 42,396 68,366 (39,869) 2,310,949 13,319,848 2,445,142 2,011 302,290 422,111 16,491,402 51,822 278,636 144 8,185 153,284 492,071 182,980 182,980 191,142 191,142 4,736 88 4,824 6,864 6,864 7,771 338 2,450 10,687 21,246 33 (25) (13) (5) (2,334) 2,069 (265) MAKE LIFE IN STYLE 93

2012 12 31 7. 2012 2011 6,571,259 5,764,013 (341,209) (171,663) 6,230,050 5,592,350 2,562,448 2,310,949 (67,278) (50,728) 17,945 38,053 (68,976) (40,346) (57,698) (108,471) (1,321) 417 171 3,533 2,386,858 2,151,840 2012 2011 20,557,349 16,491,402 1,171 1,077 19,720 42,200 707,614 315,134 2,788,106 1,021,355 410,437 293,668 24,526,597 18,122,636 94 MAKE LIFE IN STYLE

7. 2012 2011 12,102 4,824 11,133 6,864 37,361 21,246 117 228 37,478 21,474 313,673 492,071 568 313,673 492,639 31 (5) 10,547 (265) 1,321 20122011 12 31 10% 8. 2012 2011 10,424 8,941 537 853 1,148 8,505 5,797 7,483 28,573 4,535 1,926 31,800 46,922 MAKE LIFE IN STYLE 95

2012 12 31 9. 2012 2011 393,156 294,931 10,715 30,247 38 169,161 75,029 1,744 (381,978) (256,522) (120,570) (32,039) (4,951) (4,663) (7,835) (256) 57,698 108,471 2012 9.6% 10. 2012 2011 12 9,800 8,617 208,861 218,619 19,930 22,052 3,378 1,578 241,969 250,866 (85,566) (67,475) (4,021) (1,152) 151,230 183,391 4,165 4,069 12,102 4,824 11,133 6,864 37,478 21,474 31 (5) 10,547 (265) 3,420,029 2,771,307 29,695 39,318 6,994 7,688 (90,266) (37,887) 7,139 3,658 (83,127) (34,229) 96 MAKE LIFE IN STYLE

11. 2012 2011 541,120 520,569 580,082 403,675 1,121,202 924,244 28 140,007 114,913 (813) 140,007 114,100 1,261,209 1,038,344 30% 60% 2012 2011 2,386,858 2,151,840 25% 201125%i 596,715 537,960 (104) (43) (2,539) (1,131) ii 57,122 58,271 53,572 60,575 (2,116) (5,858) (8,211) (9,518) 580,082 403,675 (145,021) (100,919) (813) iii 131,709 96,145 1,261,209 1,038,344 (i) (ii) (iii) 25% 20122011 12 31 20122011 12 31 MAKE LIFE IN STYLE 97

2012 12 31 12. 2012 12 31 v i 1,984 43 448 2,475 1,984 43 448 2,475 ii 772 43 270 1,085 iii 702 514 6 51 1,273 iv 938 9 297 1,244 240 72 312 240 72 312 240 72 312 240 72 312 960 6,380 514 144 1,802 9,800 2011 12 31 1,802 37 150 1,989 1,802 37 150 1,989 1,003 656 37 151 1,847 1,010 602 9 115 1,736 240 24 264 240 24 264 240 24 264 240 24 264 960 5,617 1,258 120 662 8,617 (i) (ii) 2012 9 3 (iii) 2012 5 28 (iv) 2012 11 30 (v) 98 MAKE LIFE IN STYLE

12. 2011 2011 2012 2011 3,265 2,198 1,133 4,003 128 109 734 185 5,260 6,495 2012 2011 1,500,001 2,000,000 1 2,000,001 3,000,000 2 2 3,000,001 3,500,000 1 20122011 12 31 20122011 12 31 13. 2012 2011 2011 12 31 4.00 20112010 12 314.00i 168,859 165,888 ii 8,722 (i) 2012 12 315.504.46 20112011 12 31 4.00 3.24286,397,196231,981,721 (ii) MAKE LIFE IN STYLE 99

2012 12 31 14. 2012 2011 1,139,241 1,057,479 2012 2011 5,207,221,750 5,041,481,175 2,790,310 5,210,012,060 5,041,481,175 2011 12 3139 2011 12 31 15. 2011 1 1 54,489 39,775 25,562 38,124 19,066 243,252 420,268 i 44,906 44,906 ii 11,270 11,270 40(b) 18 18 4,312 657 23,474 4,561 124,805 157,809 40,933 93 (41,026) iii (27,939) (27,939) (8,387) (761) (1,456) (882) (11,486) 41 (5,115) (3,480) (802) (9,397) 2011 12 31 99,395 48,694 20,343 56,773 21,943 338,301 585,449 1,438 6,940 25,499 2,878 105,899 142,654 1,444 1,444 316,620 43,080 (359,700) iii (44,008) (44,008) (4,300) (2,335) (217) (6,852) 100 MAKE LIFE IN STYLE

15. 2012 12 31 416,015 44,904 27,283 81,381 24,604 84,500 678,687 2011 1 1 895 6,169 14,048 16,123 8,599 45,834 4,779 1,879 2,219 9,708 2,889 21,474 (859) (760) (911) (847) (3,377) 41 (4,907) (2,472) (318) (7,697) 2011 12 31 5,674 7,189 10,600 22,448 10,323 56,234 14,501 2,206 6,736 10,857 3,178 37,478 (425) (248) (39) (712) 2012 12 31 20,175 8,970 17,336 33,057 13,462 93,000 2012 12 31 395,840 35,934 9,947 48,324 11,142 84,500 585,687 2011 12 31 93,721 41,505 9,743 34,325 11,620 338,301 529,215 (i) (ii) (iii) 2011 12 3144,906,000 2011 12 3111,270,000 2012 12 31 44,008,000201127,939,000 45,708,000201111,795,000 374720 113750 5 10 5 5 10 2012 12 3160,561,00020111,121,000 351,302,000201147,830,000 44,538,000201145,891,000 MAKE LIFE IN STYLE 101

2012 12 31 16. 2011 1 1 844,530 853,147 1,697,677 15 39,734 39,734 278,636 278,636 29 246,117 246,117 993,338 (993,338) 881,960 (881,960) (1,450) (1,450) 71,602 111,378 182,980 2011 12 31 2,193,871 249,823 2,443,694 15 89,716 89,716 154,531 154,531 29 588,272 588,272 269,042 (269,042) 404,354 (404,354) (21,856) (21,856) 51,188 116,688 167,876 2012 12 31 3,170,233 252,000 3,422,233 2012 12 313,170,233,0002011 2,193,871,000 252,000,0002011 2011 12 31249,823,000 2012 12 31 2012 12 31633,145,0002011484,365,000 2012 12 311,636,564,00020111,015,147,000 1,185,782,0002011920,737,000 2,236,451,00020111,522,957,000 102 MAKE LIFE IN STYLE

17. 2012 12 31 2011 12 31 500 500 671 577 1,171 1,077 20122011 12 31 12 31 2012 2011 1,000,000 50% 50% 100 29% 2012 12 31 2011 12 31 6,359 5,796 (4,017) (3,641) 2,342 2,155 1,171 1,077 2012 2011 9,304 9,622 835 347 417 171 MAKE LIFE IN STYLE 103

2012 12 31 18. 2012 12 31 2011 12 31 19,720 2012 12 31 2012 12 31 210,000,000 9.4% 2012 12 312012 12 31 2012 8 3 2012 12 31 19,720 19. 2011 1 1 5.48% 2011 12 3196,000,000 104 MAKE LIFE IN STYLE

20. 2012 12 31 2011 12 31 267,687 68,312 582,686 101,408 850,373 169,720 2012 12 31 2011 12 31 28,121 6,413 822,252 163,307 850,373 169,720 2012 12 31 40(a) 635,608,0002011 19,547,000 2012 12 31461,070,0002011911,507,000 2012 12 3111,299,0002011 7,110,000 2012 12 31 461,070,000 20111,114,926,000 2012 12 31 235,757,000201162,310,000 MAKE LIFE IN STYLE 105

2012 12 31 21. 349,388,0002011185,792,000 260,975,0002011265,640,000 2011 1 1 367,518 40(a) 187,956 (95,000) 2011 12 31 460,474 40(a) 170,064 2012 12 31 630,538 2011 1 1 2,214 6,864 (36) 2011 12 31 9,042 11,133 2012 12 31 20,175 2012 12 31 610,363 2011 12 31 451,432 2012 12 31 2011 12 31 19,219 11,157 591,144 440,275 610,363 451,432 2011 12 31 94,964,000 22. 2012 12 31 2011 12 31 1,217,463 1,335,848 106 MAKE LIFE IN STYLE

22. (i) 2009 9 2012 12 31202,468,0002011 411,999,000345,398,0002011 2012 12 31 662,918,0002011805,848,000 30 2012 12 31 345,398,000 (ii) 2011 3 2012 12 31 24,545,0002011530,000,0002012 12 31554,545,0002011 530,000,000 2013 6 30 23. 2012 12 31 6,890,000 2011 12 31 8,084,0002012 12 3140(b) MAKE LIFE IN STYLE 107

2012 12 31 24. 2011 12 31 104,900,0002012 12 31 21,104,000 25. 2012 12 31 158,123,0002011 26. 2011 1 1 30,195 40(b) 1,321 2011 12 31 31,516 40(b) 16,488 2012 12 31 48,004 2011 1 1 30,195 1,321 2011 12 312012 12 31 31,516 2012 12 31 16,488 2011 12 31 2012 12 31 15,440,00040(b)51% 51% 2011 12 31 1,178,00040(b) 51% 108 MAKE LIFE IN STYLE

27. 2012 12 31 2011 12 31 1,321,000 28. 2011 1 1 293,834 (2,251) (26,503) (175,485) 89,595 189,370 (8,519) (40,191) (25,747) 114,913 4,851 4,851 (813) (813) 2011 12 312012 1 1 483,204 4,851 (10,770) (66,694) (202,045) 208,546 14,633 14,633 264,430 844 (43,309) (81,958) 140,007 2012 12 31 747,634 19,484 (9,926) (110,003) (284,003) 363,186 2012 12 31 2011 12 31 (329,372) (220,826) 692,558 429,372 363,186 208,546 MAKE LIFE IN STYLE 109

2012 12 31 28. 2012 12 311,108,746,0002011729,686,000 440,012,0002011266,776,000 668,734,0002011462,910,000 2012 2011 2012 31,839 2013 17,314 18,102 2014 14,061 15,384 2015 116,575 116,575 2016 237,025 237,025 2017 183,087 100,672 43,985 668,734 462,910 2012 12 314,622,423,0002011 3,266,386,000 29. 2012 12 31 2011 12 31 2,345,047 1,732,813 9,027,581 8,489,507 11,372,628 10,222,320 2012 12 313,060,355,00020111,434,836,000 2011 12 31 44,906,000 11,270,000 2012 12 31 11,299,0002011 7,110,000 2012 12 31258,015,000201154,975,000 330,257,0002011 191,142,000 4,239,726,00020112,451,117,000 110 MAKE LIFE IN STYLE

30. 30 30 90 2012 2011 964,674 410,171 109,523 93,568 62,424 57,032 217,188 280,925 643,326 293,111 145,366 81,570 2,142,501 1,216,377 2012 12 31 187,493,0002011 142,902,000 2012 12 31132,308,000201181,029,000 2012 12 31 2011 12 31 0 30 487,829 214,728 31 90 256,995 150,069 91 180 30,727 25,401 181 365 113,747 16,072 1 75,376 3,901 964,674 410,171 2012 12 31 870,465,000 MAKE LIFE IN STYLE 111

2012 12 31 30. 2012 12 3126,709,0002011 17,593,000 2012 12 31 2011 12 31 91 180 3,620 8,782 181 365 15,427 4,910 1 7,662 3,901 26,709 17,593 2012 2011 2,672 2,937 (1,558) (2,812) 12,105 2,547 13,219 2,672 2012 12 31 13,219,00020112,672,000 31. 2012 12 31 2011 12 31 3,262 2012 12 31 112 MAKE LIFE IN STYLE

32. 2012 12 31 2011 12 31 403,327 112,415 (353,136) (96,056) 50,191 16,359 52,482 16,359 (2,291) 50,191 16,359 33. 2012 12 31 2.3% 4.4% 2012 12 31 31,200,0002012 12 312013 12 31 34. 0.40.520110.40.5 61,343,0002011 62,198,000 466,133,0002011 252,936,000180,138,0002011 0.42.920110.43.1 2012 12 311,030,061,0002011 5,195,000 60,681,0002011288,798,000 1,693,00020113,496,000 8,0002011 MAKE LIFE IN STYLE 113

2012 12 31 35. 2012 12 31 2011 12 31 1,730,059 1,696,289 * 332,415 254,332 161,339 104,674 48,181 50,403 3,315 695 54,796 29,330 40 257,630 128,267 15,722 4,839 2,603,457 2,268,829 * 57,023,000201145,644,000 2012 12 31 2011 12 31 0 60 1,269,307 1,325,615 61 180 296,571 261,680 181 365 103,925 23,344 1 2 77,074 94,931 2 3 21,054 16,238 3 16,924 3,811 1,784,855 1,725,619 2012 12 31 54,796,000201129,330,000 5% 10% 114 MAKE LIFE IN STYLE

36. 2012 12 31 2011 12 31 i 1,150 2,547 ii 423 1,573 2,547 (i) 31 90 (ii) 49% 37. 2012 12 31 2011 12 31 5,002,407 4,273,002 i 550,000 468,000 5,552,407 4,741,002 3,951,677 4,711,002 1,600,730 30,000 5,552,407 4,741,002 ii 1,860,653 1,896,308 1,910,568 1,216,000 1,427,002 936,824 354,184 691,870 5,552,407 4,741,002 (591,641) (203,761) (1,860,653) (1,896,308) 3,100,113 2,640,933 (i) 550,000,000 468,000,000 13.5% 17.0% 15.39% 420,000,0002011 47 (ii) MAKE LIFE IN STYLE 115

2012 12 31 37. 2012 12 31 916,586,0002011844,321,000 137,841,0002011163,762,000 2012 12 31 2011 12 31 392,000 200,000 592,000 2012 12 31 2011 12 31 1,468,653 1,896,308 1,710,568 1,216,000 1,427,002 936,824 354,184 691,870 4,960,407 4,741,002 2012 2011 12.618.0 2.0 2.0 2.0 2.0 0.4 2.6 1.5 5.9 116 MAKE LIFE IN STYLE

38. (a) 2015 2010 5 12120,000,000 98.3% 14.0%5 1211 12 2015 5 12 100% 2010 5 5 (1)1% (2)2015 5 12 100 2013 5 12114% 35% (i) 14.9% (ii) 2011 12 312012 12 31 (b) 2017 2012 9 27250,000,000 99.5% 13.8%3 279 27 2017 9 27 100% 2012 9 20 (1) 1% (2)2017 9 27 100 2015 9 27113.8% 35% MAKE LIFE IN STYLE 117

2012 12 31 38. (b) 2017 (i) 14.8% (ii) 2012 12 31 2012 12 31 2011 12 31 1 1 752,367 787,330 1,530,324 (16,408) (38,384) 169,161 113,413 (106,441) (109,992) 12 31 2,329,003 752,367 2012 12 312,662,171,0002011593,482,000 39. 0.1 2011 1 12011 12 312012 12 31 8,000,000,000 800,000,000 704,008 2011 1 1 4,873,888,750 487,388,875 429,389 333,333,000 33,333,300 27,704 2011 12 312012 12 31 5,207,221,750 520,722,175 457,093 2011 6 24 332,440,0001.2 2011 6 24 2011 6 24 6.8%6.4% 2011 6 30 333,333,000 118 MAKE LIFE IN STYLE

40. (a) 2012 12 31 2012 12 31213,421,00061% 2012 11 20458,850,000 320,300,000 635,608 170,064 1,154 1,246 776 (127) 808,721 (136,450) 672,271 458,850 213,421 672,271 (458,850) 776 (458,074) 2013 MAKE LIFE IN STYLE 119

2012 12 31 40. (a) 2011 12 31 2011 8 19 309,345,000TCL 19,547 187,956 70,000 30,231 1,777 (166) 309,345 182,000 127,345 309,345 (182,000) 1,777 (180,223) 2012 12 3187,144,0002011 12 31 (b) 2012 12 31 2012 12 31 2012 1 31,980,00051% 2012 3 14,000,000 2012 7 1800,000 2012 8 85,680,000 2012 9 202,980,00051% 120 MAKE LIFE IN STYLE

40. (b) 2012 12 31 12,384 3,056 15,440 290 13,675 5,457 (15,695) (10) 3,717 13,675,00013,675,000 15,440 4,765 (3,717) 16,488 4,765,00049%49% MAKE LIFE IN STYLE 121

2012 12 31 40. (b) 2012 12 31 12,384 2011 (6,874) (5,457) 53 2012 12 311,887,000 23,855,000 2012 1 12012 12 31 6,283,792,000 1,127,267,000 2012 1 1 2011 12 31 2011 4 19100% 78,000 2011 7 1100% 500,000 2011 7 12 51% 600,000 256 922 1,178 2012 12 31 2011 12 31 122 MAKE LIFE IN STYLE

40. (b) 2011 12 31 18 1,157 1,078 (2,629) (27) (403) 1,157,0001,157,000 1,178 (260) 403 1,321 260,00049% (256) 1,078 822 MAKE LIFE IN STYLE 123

2012 12 31 40. (b) 2011 12 31 2011 12 31117,000 4,396,000 2011 1 12011 12 31 5,594,993,000 1,209,661,000 2011 1 1 41. 2011 12 31 2011 2 14 85% 21,250,000 14,875 6,375 21,250 6,375,0002012 12 31 1,700 2,415 5,531 3,184 (7,256) (1,267) 4,307 14,875 6,375 646 (4,307) 17,589 14,875 (3,184) 11,691 124 MAKE LIFE IN STYLE

42. 2012 2011 11,709 7,022 34,703 18,428 3,310 5,638 49,722 31,088 2012 2011 89,603 50,426 249,858 174,104 132,139 106,234 471,600 330,764 43. 2012 2011 4,615,929 2,525,242 91,130 98,202 47,192 206,353 54,482 41,646 MAKE LIFE IN STYLE 125

2012 12 31 44. 2009 10 27 2021 8 282022 10 151 10%0.1%5,000,000 (i) (ii) (iii) 2012 12 31119,400,000201174,230,0000.1 2.3% 20111.4% 20112012 12 31 2011 8 29 0.836 2012 8 29 2021 8 28 2011 8 29 2012 8 28 2013 8 29 2021 8 28 2011 8 29 2013 8 28 2014 8 29 2021 8 28 2011 8 29 2014 8 28 2012 10 16 0.8 2013 10 16 2022 10 15 2012 10 16 2013 10 15 2014 10 16 2022 10 15 2012 10 16 2014 10 15 2015 10 16 2022 10 15 2012 10 16 2015 10 15 2011 8 29 0.836 2012 8 29 2021 8 28 2011 8 29 2012 8 28 2013 8 29 2021 8 28 2011 8 29 2013 8 28 2014 8 29 2021 8 28 2011 8 29 2014 8 28 2012 10 16 0.8 2013 10 16 2022 10 15 2012 10 16 2013 10 15 2014 10 16 2022 10 15 2012 10 16 2014 10 15 2015 10 16 2022 10 15 2012 10 16 2015 10 15 126 MAKE LIFE IN STYLE

44. 20122011 12 31 2011 1 1 2011 12 31 2012 12 31 2011 8 29 2012 10 16 2012 8 29 2021 8 28 2013 8 29 2021 8 28 2014 8 29 2021 8 28 2013 10 16 2022 10 15 2014 10 16 2022 10 15 2015 10 16 2022 10 15 2011 8 29 2012 8 28 2011 8 29 2013 8 28 2011 8 29 2014 8 28 2012 10 16 2013 10 15 2012 10 16 2014 10 15 2012 10 16 2015 10 15 2,201,000 (883,000) 1,318,000 4,402,000 (1,766,000) 2,636,000 15,407,000 (6,181,000) 9,226,000 1,872,000 (277,000) 1,595,000 3,744,000 (554,000) 3,190,000 13,104,000 (1,939,000) 11,165,000 22,010,000 18,720,000 (11,600,000) 29,130,000 2011 8 29 2012 10 16 2012 8 29 2021 8 28 2013 8 29 2021 8 28 2014 8 29 2021 8 28 2013 10 16 2022 10 15 2014 10 16 2022 10 15 2015 10 16 2022 10 15 2011 8 29 2012 8 28 2011 8 29 2013 8 28 2011 8 29 2014 8 28 2012 10 16 2013 10 15 2012 10 16 2014 10 15 2012 10 16 2015 10 15 5,222,000 (1,041,000) 4,181,000 10,444,000 (2,082,000) 8,362,000 36,554,000 (7,287,000) 29,267,000 4,971,000 (125,000) 4,846,000 9,942,000 (250,000) 9,692,000 34,797,000 (875,000) 33,922,000 52,220,000 49,710,000 (11,660,000) 90,270,000 74,230,000 68,430,000 (23,260,000) 119,400,000 5,499,000 2011 8 292012 10 16 0.820.77 2012 10 16 2011 8 29 0.770 0.820 0.800 0.836 44.87% 40.43% 0.66% 1.74% 5.195% 4.878% 2012 12 3113,680,0002011 12 31 15,225,0002012 12 31 5,180,00020112,240,000 MAKE LIFE IN STYLE 127

2012 12 31 45. 5% 1,250 46. 2012 2011 2,750,751 2,478,814 128 MAKE LIFE IN STYLE

47. 1) 31 36 2012 2011 31 612 980 301 301 1,099 4,154 332,440 10,000 2) 2012 2011 50,422 61,260 7,501 2,663 4,803 1,985 62,726 65,908 3 20122011 12 31620,000,000 2012 12 318,629,00020113,391,000 17,536,00020113,068,000 MAKE LIFE IN STYLE 129

2012 12 31 48. 20122011 12 31 2012 2011 Winning Sky International Limited 2006 3 8 100 100% 100% Fantastic Victory Limited 2007 9 3 100 100% 100% Wisdom Regal Limited 2007 9 3 100 100% 100% Colour Life Services Group Co., Ltd Colour life Services 2012 3 16 1,000 70% 70% Ace Link Pacific Limited # 2007 9 3 100 70% 70% Precise Idea Limited 2009 6 17 1 100% 100% Talent Bright International Limited 2009 6 17 1 100% 100% 2001 2 19 10,000 100% 100% 2007 11 6 10,000 100% 100% # 2007 11 8 10,000 100% 100% 2009 7 15 1 100% 100% 2009 7 15 1 100% 100% 2009 9 24 500,000 100% 100% 130 MAKE LIFE IN STYLE

48. 2012 2011 2006 1 20 1,624,843,500 100% 100% 2006 5 29 50,000,000 60% 60% 1996 9 28 150,000,000 100% 100% 2006 8 25 15,000,000 70% 70% 2007 6 8 51,000,000 100% 100% 2006 6 12 100,000,000 100% 100% 2001 10 18 75,610,000 100% 100% 2006 8 28 660,339,487 100% 100% 1994 7 1 946,843,500 100% 100% 1994 5 25 10,000,000 100% 100% # 2000 12 11 5,000,000 100% 100% MAKE LIFE IN STYLE 131

2012 12 31 48. 2012 2011 # 2007 6 12 10,000,000 100% 100% # 2001 11 15 5,000,000 100% 100% # 1999 11 16 5,500,000 100% 100% 2001 7 4 50,000,000 100% 100% 2006 9 7 1,344,970,000 100% 100% 2005 10 25 100,000,000 100% 100% 2006 11 6 704,680,000 100% 100% 2003 5 22 270,000,000 100% 100% 2006 12 4 30,000,000 100% 100% # 2005 8 25 1,000,000 100% 100% 2007 2 9 100,000,000 100% 100% 2004 6 7 670,000,000 100% 100% 132 MAKE LIFE IN STYLE

48. 2012 2011 2004 10 18 45,000,000 100% 100% 2005 4 19 28,000,000 60% 60% # 2007 4 23 4,000,000 92.65% 92.65% 2004 5 9 85,000,000 100% 100% 2008 8 6 300,000,000 100% 100% 2007 8 22 320,000,000 100% 100% 2009 6 3 120,000,000 100% 100% 2009 6 3 100,000,000 100% 100% # 2008 8 20 100,000 100% 100% # 2009 1 15 100,000 100% 100% 2009 7 22 50,000,000 100% 100% MAKE LIFE IN STYLE 133

2012 12 31 48. 2012 2011 2006 4 20 150,000,000 100% 100% 2011 8 14 100,000,000 100% 100% 2011 3 15 10,00,000 100% 100% 2009 9 9 180,000,000 100% 100% 1994 7 5 180,599,652 100% 100% # 2002 4 12 3,000,000 75% 75% 1999 11 16 5,500,000 100% 100% 2009 12 23 5,000,000 100% 100% 2011 4 30 30,000,000 100% 100% 2011 3 12 200,000,000 100% 100% 2008 6 17 300,000,000 100% 100% 2009 3 2 20,000,000 100% 100% 2007 11 14 250,000,000 100% 100% 134 MAKE LIFE IN STYLE

48. 2012 2011 2007 11 14 250,000,000 100% 100% 2012 4 14 200,000,000 100% 100% TCL 1981 10 9 100,000,000 100% 100% # 2008 6 13 500,000 100% 100% # 2007 5 21 500,000 100% 100% # 2002 4 9 1,000,000 51% 51% #^ 2008 3 18 500,000 51% #^ 2000 6 29 5,000,000 100% #^ 2003 9 8 3,000,000 100% #^ 2002 6 12 3,000,000 100% ^ 2005 10 25 5,000,000 51% #^ 1987 9 25 391,093,510 61% MAKE LIFE IN STYLE 135

2012 12 31 48. 2012 2011 ^ 2011 9 13 779,150,000 100% 2012 10 23 1,000,000 100% 2012 10 23 1,000,000 100% 2012 10 15 1,000,000 100% 2012 10 15 1,000,000 100% 2012 7 4 100,000,000 100% 2012 6 28 20,000,000 100% 2012 8 20 10,000,000 54% 2012 5 15 10,000,000 100% 2012 3 23 1,000,000 100% # 2012 12 31 ^ 2012 12 31 40 136 MAKE LIFE IN STYLE

49. 2012 2011 1,196,233 932,758 4,263,648 3,475,509 5,459,881 4,408,267 1,204 248,259 49,229 249,463 49,229 204,208 417,478 5,745 4,364 209,953 421,842 39,510 (372,613) 5,499,391 4,035,654 2,329,003 752,367 3,170,388 3,283,287 39 457,093 457,093 2,713,295 2,826,194 3,170,388 3,283,287 2011 1 1 429,389 2,481,236 86,082 2,996,707 39 27,704 304,736 332,440 117,788 117,788 44 2,240 2,240 13 (165,888) (165,888) 2011 12 31 457,093 2,620,084 203,870 2,240 3,283,287 50,780 50,780 44 5,180 5,180 13 (168,859) (168,859) 2012 12 31 457,093 2,451,225 254,650 7,420 3,170,388 50. 2013 1 22 250,000,000100% 10.75%2020 1 222013 1 16 MAKE LIFE IN STYLE 137

12 31 2008 2009 2010 2011 2012 1 1,174,211 2,458,673 4,471,234 5,592,350 6,230,050 254,071 776,495 1,789,678 2,151,840 2,308,691 (156,550) (407,050) (828,708) (1,038,344) (1,203,850) 97,521 369,445 960,970 1,113,496 1,104,111 84,259 373,469 807,281 1,057,479 1,117,703 13,262 (4,024) 153,689 56,017 (13,592) 97,521 369,445 960,970 1,113,496 1,104,111 12 31 2008 2009 2010 2011 2012 1 4,957,322 11,453,486 15,382,388 18,122,636 24,628,778 3,510,965 7,372,125 10,534,896 12,340,380 17,792,532 1,446,357 4,081,361 4,847,492 5,782,256 6,836,246 1,145,964 3,770,259 4,431,651 5,601,599 6,579,592 300,393 311,102 415,841 180,657 256,654 1,446,357 4,081,361 4,847,492 5,782,256 6,836,246 1. 2008 12 312009 11 12 138 MAKE LIFE IN STYLE

. 1 218 219 221 225 227 228 385.45 m 2 100% 2 101 148 200 11,100.07 m 2 100% 3 16B 450.21 m 2 100% 4 110191 1,234.93 m 2 100% 5 24H 24J 24K 24L 101 100 230.74 m 2 100% 1,252.3 m 2 6 6021 105 108 200 42.91 m 2 100% 7 177 100% MAKE LIFE IN STYLE 139

8 1527 3,944.01 m 2 100% 9 2507 4,393.60 m 2 100% 10 C 201 204319 1,511.51 m 2 100% 11 145 100% 12 123.52 m 2 70% 13 401 404 509.09 m 2 100% 14 8 1-3 4,990.00 m 2 100% 140 MAKE LIFE IN STYLE

15 495 34,557.49 m 2 100% 16 200 20,398.49 m 2 100% 17 33 153 6,411.48 m 2 100% 18 333 15 275.8 m 2 2,489.26 m 2 100% 19 99 8,248.39 m 2 11,871.99 m 2 100% 20 216 2,520.00 m 2 10,652.85 m 2 100% 21 399 2 6,471.13 m 2 100% MAKE LIFE IN STYLE 141

22 88 100% 23 1 100% 24 100% 25 1,850.14 m 2 60% 26 1F-9F 8,846.52 m 2 100%. 1 1 100% 2013 12 142 MAKE LIFE IN STYLE