Stock Code : 34 Annual Report 2014
Kowloon Development Company Limited Kowloon Development Company Limited (Stock Code: 34) has been pursuing a three-tier development strategy in the Greater China region, with its core property business in the Hong Kong and Mainland China markets, and carrying out its Macau property business through its 73.4%-owned listed subsidiary, Polytec Asset Holdings Limited (Stock Code: 208). The Group is now well positioned in all three markets, with its attributable landbank exceeding 5 million sq m. It is committed to enhance its competitive advantages and to become one of the few listed companies in Hong Kong to have capacity to grow significantly in all three markets.
Keith Alan Holman David John Shaw 1831717121716 75023 (852) 2396 2112 (852) 2789 1370 www.kdc.com.hk enquiry@kdc.com.hk David John Shaw 2
34 2014 3
34 208 73.4% 283,000 53,000 1,430,000 4,434,000 T + T1 525,000 13,000 4
10.41 12.9419.6% 6.18 3.8859% 0.54 0.34 0.57 0.36 2014 5
18,588 19,772 21,055 22,251 22,838 2,128 1,886 1,526 1,294 1,041 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 16.15 17.18 18.30 19.34 19.85 0.52 0.54 0.57 0.57 0.57 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 6
( 1,269 1,755 2,556 1,417 3,150 2,072 1,499 1,906 1,065 1,187 2,128 1,526 1,886 1,294 1,041 1.85 1.33 1.64 1.12 0.90 2 691 807 968 388 618 2 0.60 0.70 0.84 0.34 0.54 598 621 656 656 656 0.52 0.54 0.57 0.57 0.57 ( 22,311 24,706 26,149 28,764 29,386 8,686 13,343 15,128 16,396 19,075 30,997 38,049 41,277 45,160 48,461 (5,982) (4,064) (5,453) (5,613) (8,039) (3,535) (11,169) (11,683) (14,113) (14,343) 21,480 22,816 24,141 25,434 26,079 115 115 115 115 8,417 18,473 19,657 20,940 22,136 14,421 18,588 19,772 21,055 22,251 22,838 2,892 3,044 3,086 3,183 3,241 21,480 22,816 24,141 25,434 26,079 16.15 17.18 18.30 19.34 19.85 (%)3 34.00 55.44 56.11 62.50 59.28 1. 5 2. 3. 2014 7
10.4112.94 19.6% 6.183.88 59%0.54 0.34 0.360.36 0.210.21 0.570.57 8
20% 2014 9
9.4 14 26 17 T + T1 3,240 29,200 3.378.2% 8.3%2.92 2.163.47 2.12 South Alibek 10
73.4% 5,000,000 40,000 200 11 2014
* 283,200 * 893,200 * 100% 12
7.75 * 6,215,300 788 2,712,000 850,000 404,400 1,600,000 129,000 519,900 (29) 16 775 384 (216) 52 2014 13
14 37A 13,200 5,000,000 37A 100% 1,318 13,200 100% 1,31 13,20
2014 15
16 24,800 18,100 38 2,400 24,800
2014 17
18 18 6,600 18 100% 780 6,600 10 7 6
19 2014 1 738 291506,000 1 100% 738 6,000 100 738 6,0
20 4,03833,900 100% 4,038 33,900 4565A 9,30011,100 4565A 100% 1,388 11,100 10 4, 33
21 2014 B A2 A1 A3 B A A A A A A A 2 A A A A A A A A A A 1 A3 35 196,400 35 100% 19,335 196,400 29,200 42 100% 3,240 29,200 20151 10 19 19 29,200
22 6 712,000 6 100% 165,303 712,000 547,900 10 16 7 54
23 2014 2,000,000 100% 1,100,000 2,000,000 IIA IIB
24 68,83380% 404,400 80% 68,833 404,400 8 6 4
25 2014 70%129,000 1,135 8 70% 18,334 129,000
26 4,020,743 1,600,000 50% 4,020,743 1,600,000 1,165,300 50 4, 1, 1,
27 2014 49%850,000 35,000 2004-066 49% 135,540 850,000
28 60% 519,900 % 60% 146,056 519,900
2014 29
73.4% 68,00080% 697,600 T + T1 17,900 80% 195,600 P 58.8% 68,000 697,600 T + T1 58.8% 17,900 195,600 T + T1 30
3.37 8.3% 2.92 39,800,000 12%37,200,000 1,430,0001,303,000 894 803473191 230 213,000,000205,000,000 2014 31
7,918,000,0005,196,000,000 1,343,000,0006,575,000,0001,157,000,000 6,761,000,000 2,189,000,0006,779,000,000 2,549,000,000 59.3%62.5% 1,416,000,0001,109,000,000 1,582,000,00025,000,000 1,787,000,000 32
70,000,000 10,985,000,00015,000,000 570,000,000 1,140,000,00050%672,000,000 2014 33
Intellinsight Holdings LimitedIntellinsightIntellinsight Intellinsight Holdings Limited University of East Anglia University College London Keith Alan HOLMAN Lantern GroupWarner Estates Holdings PLC Intellinsight Holdings LimitedIntellinsightIntellinsight 34
University of Manchester Institute of Science & Technology David John SHAW 2014 35
A.2.1 A.6.7 Keith Alan Holman David John Shaw 3435 A.2.1 36
2014 37
D.3.1 C.3.3B.1.2A.5.2 (www.kdc.com.hk) # # # # David John Shaw # # # # # 38
(i) (ii) (iii) (iv) (v) 2014 39
40
4/4 1/1 1/1 4/4 3/3 1/1 * 4/4 1/1 Keith Alan Holman 4/4 0/1 # * 4/4 1/1 4/4 2/2 1/1 4/4 2/2 3/3 1/1 4/4 2/2 1/1 3/3 0/1 # 4/4 2/2 3/3 1/1 David John Shaw 3/4 1/1 0/1 # 4 2 1 3 1 97.5% 100% 100% 100% 70% * # Keith Alan HolmanDavid John ShawA.6.7 2014 41
B A, B B Keith Alan Holman B B A, B David John Shaw A, B A, B A, B A, B A B 3.29 42
5 2014 43
44
57 XIVA 5,239 964 52 912 2014 45
622 XIVA 100% 100% David John Shaw 99.17%99.86%96.316%99.94%100% 99.976% 20%95.056% 10%100% 46
95.092% (www.kdc.com.hk) (i)(ii) 1/20 2128 2014 47
(i) 1/40(ii)502,000 1,000 75023 enquiry@kdc.com.hk 2014 Plus 48
75023 29 58127 0.210.21 0.360.36 24(b)6221137 11 2014 49
122223 4(b) 193,331217,020 128132 67 50
Keith Alan Holman David John Shaw 105Keith Alan Holman Keith Alan Holman 5(a) 3435 2014 51
352 1. 1 830,770,124 2 277,500 3 831,047,624 72.22% 830,770,124 72.20% 2 830,770,124 2 43,500 830,813,624 72.20% 1,425,000 0.12% 4 751,000 0.07% Keith Alan Holman 688,000 0.06% David John Shaw 133,500 67,000 5 200,500 0.02% 180,000 0.02% 52
2. 6 3,260,004,812 73.44% 7 3,260,004,812 73.44% 7 3,260,004,812 73.44% 7 2,000,000 0.05% Keith Alan Holman 722,000 0.02% 430,000 0.01% (1) 1,150,681,275 (2) Intellinsight Holdings LimitedIntellinsight Ors Holdings LimitedOHLOHL (3) China Dragon Limited (4) (5) David John Shaw (6) 4,438,967,838 (7) 3,260,004,812Marble King International Limited (2) XVXV78 352 2014 53
336 1 832,016,474 72.30% 2 Ors Holdings Limited 830,770,124 72.19% 3 (1) 1,150,681,275 (2) 831,417,074 (2) (3) (2)Intellinsight XV23 336 54
A1431 13.51B(1) 5(a)13.51B(1) 13.21 13.21 30 2014 55
3648 56
58127 6221180 10 8 2014 57
3 3,150,473 1,416,751 (1,613,698) (639,659) 44,281 21,169 4(a) 2,779 245,852 (17,404) (13,454) (184,489) (179,406) (257,699) (139,320) 2(g) (212,000) (296,400) (87,963) (95,025) 11 363,058 744,579 1,187,338 1,065,087 4(b) (168,758) (102,049) 4(d) (19,865) (1,559) 4(e) 285,237 398,892 4 1,283,952 1,360,371 6(a) (230,874) (59,571) 1,053,078 1,300,800 7 1,040,717 1,293,672 12,361 7,128 1,053,078 1,300,800 8 0.90 1.12 65127 58
1,053,078 1,300,800 (12,532) 124,073 37 309,601 439,312 (12,349) 112,801 4,160 284,720 680,383 1,337,798 1,981,183 1,245,009 1,851,865 92,789 129,318 1,337,798 1,981,183 65127 2014 59
10,646,498 10,268,917 209,884 216,489 837,103 1,052,394 11 11,693,485 11,537,800 13 66,257 84,322 14 12,227,420 11,917,819 15 2,953,007 2,686,880 16 2,282,764 2,401,667 17 2,284 54,221 32,741 10(a) 109,309 100,579 29,386,463 28,764,092 18 17,079,825 14,942,538 19 744,482 629,309 15,985 12,748 15 40,009 56,576 17 21,945 97,951 28 15,000 32,834 1,157,340 623,966 19,074,586 16,395,922 20 5,375,265 3,034,768 21 200,000 200,000 15 787,838 790,480 23 1,343,400 1,334,314 332,703 253,722 8,039,206 5,613,284 11,035,380 10,782,638 40,421,843 39,546,730 60
22 6,778,980 9,328,289 23 6,574,346 3,861,567 38,679 41,416 10(a) 950,651 881,590 14,342,656 14,112,862 26,079,187 25,433,868 24(b) 8,417,472 115,068 8,302,404 14,421,101 13,833,237 22,838,573 22,250,709 3,240,614 3,183,159 26,079,187 25,433,868 65127 2014 61
7,013,000 6,826,000 7,000 2,725 11 7,020,000 6,828,725 12 14,117,669 13,961,659 15 584,079 584,079 16 1,979,940 1,942,225 23,701,688 23,316,688 12 2,067,405 3,278,376 19 19,843 13,215 119,317 266,817 2,206,565 3,558,408 20 106,352 103,798 12 217 260 15 787,838 790,480 12 252,133 267,119 17,749 17,620 1,164,289 1,179,277 1,042,276 2,379,131 24,743,964 25,695,819 22 4,980,428 7,080,606 12 52,533 52,188 23 4,450,000 3,280,000 10(a) 40,704 37,645 9,523,665 10,450,439 15,220,299 15,245,380 8,417,472 115,068 8,302,404 6,802,827 6,827,908 24 15,220,299 15,245,380 65127 62
115,068 8,302,404 1,673 1,698,137 730,156 10,207,294 21,054,732 3,086,266 24,140,998 1,293,672 1,293,672 7,128 1,300,800 333,061 225,132 558,193 122,190 680,383 333,061 225,132 1,293,672 1,851,865 129,318 1,981,183 (414,245) (414,245) (414,245) (241,643) (241,643) (241,643) (32,425) (32,425) 115,068 8,302,404 1,673 2,031,198 955,288 10,845,078 22,250,709 3,183,159 25,433,868 115,068 8,302,404 1,673 2,031,198 955,288 10,845,078 22,250,709 3,183,159 25,433,868 1,040,717 1,040,717 12,361 1,053,078 228,109 (23,817) 204,292 80,428 284,720 228,109 (23,817) 1,040,717 1,245,009 92,789 1,337,798 (414,245) (414,245) (414,245) (241,643) (241,643) (241,643) (35,334) (35,334) 8,302,404 (8,302,404) (1,257) (1,257) (1,257) 8,417,472 416 2,259,307 931,471 11,229,907 22,838,573 3,240,614 26,079,187 2,523,0002,513,000 65127 2014 63
25(a) 991,341 (176,677) 212 19 557,968 (63,557) (140,970) 17,834 2,562 91,298 3 980 14,500 25(b) (1,466,046) 2,180 60,287 (1,043,304) 3,076,987 1,338,867 (355,122) (2,012,509) (2,549,309) 2,636,400 (655,041) (655,235) (35,334) (32,425) (517,819) 1,275,098 533,809 55,117 623,966 564,889 (435) 3,960 1,157,340 623,966 597,587 6,054 559,753 617,912 1,157,340 623,966 65127 64
1 (a) 6229 11768732 1(d) (b) 2 (c) (d) 36 3636 2(g) 2014 65
1 (e) (i)(ii) (i) (ii) (ii)(i) 1(r) (f) 66
1 (f) 1(m)1(g) 1(r) (g) 2014 67
1 (g) 1(m) 1(r) (h) (i) (ii) (iii) 1(r) (iv) 68
1 (i) (j) (k) (i) (ii) (iii) (iv) 2014 69
1 (l) (m) 1(t)(v)(vi) 1(r)1(t)(v)1(t)(vi) 1(r) (n) 70
1 (o) (p) (q) (i) (ii) (iii) 1(q)(ii) 2014 71
1 (r) (i) 1(g) 1(r)(ii)1(r)(ii) 72
1 (r) (i) (ii) 2014 73
1 (r) (ii) (iii) 34 1(r)(i)(ii) 74
1 (s) 1(h)(i) (t) (i) 2014 75
1 (t) (ii) (iii) (iv) (v) (vi) (u) 76
1 (v) (i) (ii) 1(v)(iii) 1(v)(iii) (iii) 2014 77
1 (w) (i) (1) (2) (3) (ii) (1) (2) (3) (4) (5) (6) (i) (7) (i)(1) (x) 78
1 (y) 2 1 (a) 210 (b) 2014 79
2 (c) 11(d) (d) (e) (f) 80
2 (g) Caspi Neft TME73.4% South Alibek South Alibek Caspi Neft TME 212,000,000 296,400,000195,400,000 273,200,00016,600,00023,200,000 778,116,000992,961,00066,257,000 84,322,00012.5%12.5% 20%5% 391,618,000495,854,000118,492,000119,920,000 5050 19,877,00020,462,000 15,380,00015,754,000 2014 81
2 (h) 30%60% 3 82
3 (a) 3,150,473 2,342,189 144,672 16,000 337,309 157,725 152,578 995,484 788,259 (29,010) 15,945 383,837 (215,634) 52,087 363,058 363,058 187,880 187,880 (93,712) (168,758) 1,283,952 (19,865) (24,268) 4,403 285,237 49,824 235,413 25,049 25,049 (59,735) (42,679) (17,056) (212,000) (212,000) 2014 83
3 (a) 1,416,751 26,000 734,120 125,561 311,733 62,623 156,714 341,014 1,047 180,858 80,976 336,871 (347,209) 88,471 240,658 5,218 235,440 744,579 744,579 223,520 223,520 (87,351) (102,049) 1,360,371 (1,559) (8,048) 6,489 398,892 132,008 266,884 45,712 45,712 (38,481) (24,142) (14,339) (296,400) (296,400) 84
3 (a) 47,153,636 9,115,172 13,867,599 10,985,703 11,882,063 910,064 393,035 109,309 15,000 1,157,340 25,764 48,461,049 2,282,764 2,256,158 26,606 2,993,016 1,775,101 1,217,915 44,389,965 7,877,617 12,845,302 10,792,824 11,309,742 1,116,039 448,441 100,579 32,834 623,966 12,670 45,160,014 2,401,667 2,379,464 22,203 2,743,456 1,713,688 1,029,768 2014 85
3 (b) (i)(ii) 2,813,986 463,966 9,530,771 9,282,402 160,342 753,967 5,402,454 5,353,982 16,000 125,561 1,217,915 997,002 157,725 62,623 844,373 1,077,283 2,420 10,634 3,150,473 1,416,751 16,995,513 16,710,669 10,920,923,000 10,614,101,0001,306,497,0001,303,718,000 (c) 30% 4 (a) 1,522,0003,014,000 235,440,000 5,218,0002,180,000 86
4 (b) 118,025 99,133 132,471 108,025 (79,257) (102,500) 171,239 104,658 (2,481) (2,609) 168,758 102,049 1.44%1.77%1.35%2.38%6.27%7.04% 6.15%8.00% (c) 5,239 4,665 1,887 2,589 57,848 35,892 212,530 204,994 494 1,575 4,160 (319,674) (294,063) (337,309) (311,733) 17,635 17,670 (25,049) (45,712) (1,333) (14,199) 43,135,00019,197,000 (d) 19,865,000 2,539,000 (e) 212,063,000 328,007,000 2014 87
5 (a) 622117832161 170 1,960 500 180 2,810 634 257 18 909 Keith Alan Holman 250 250 250 2,157 450 199 3,056 250 250 250 250 250 250 David John Shaw 250 250 1,670 4,751 1,207 397 8,025 160 1,853 246 171 2,430 745 128 18 891 Keith Alan Holman 240 240 240 2,080 237 192 2,749 240 240 240 240 240 240 David John Shaw 240 240 1,600 4,678 611 381 7,270 88
5 (b) 5(a) 6,989 6,815 1,021 1,352 54 54 8,064 8,221 2,000,0012,500,000 1 2 2,500,0013,000,000 1 3,000,0013,500,000 1 1 2014 89
6 (a) 157,696 52,763 310 (249) 158,006 52,514 10,186 54,052 3 163 10,189 54,215 1,936 12,811 68,183 3,593 (7,440) (63,562) 60,743 (59,969) 230,874 59,571 16.5%16.5% 30% 60% 10% 90
6 (b) 1,283,952 1,360,371 108,916 209,089 53,888 20,653 (54,606) (231,009) 74,716 46,524 (2,612) (54) (2,604) 1,936 12,811 42,913 (50) 313 (86) 5,410 4,297 230,874 59,571 7 609,748,0001,020,886,000 8 (a) (b) 1,040,717,0001,293,672,000 1,150,681,2751,150,681,275 2014 91
9 (a) 0.210.21 241,643 241,643 0.360.36 414,245 414,245 655,888 655,888 (b) 0.36 0.36 414,245 414,245 92
10 (a) 15,088 (811,475) (33,919) 24,466 (805,840) (3,635) (3,635) (31,505) (31,505) 3,722 12,665 51,296 (7,714) 59,969 18,810 (833,950) 17,377 16,752 (781,011) 18,810 (833,950) 17,377 16,752 (781,011) 412 412 (14,008) (64,717) 19,030 (1,048) (60,743) 4,802 (898,255) 36,407 15,704 (841,342) (37,645) (35,189) (3,059) (2,456) (40,704) (37,645) 2014 93
10 (a) 109,309 100,579 (950,651) (881,590) (40,704) (37,645) (841,342) (781,011) (40,704) (37,645) (b) 3,315,474,0003,084,194,000 94
11 (a) 9,626,134 270,206 33,060 1,455,425 76,599 11,461,424 36,457 413 36,870 400,000 400,000 (217,898) (217,898) 100,555 20,776 17,544 138,875 (420,910) (50) (3,037) (423,997) 744,579 744,579 10,268,917 270,206 33,060 1,476,151 91,519 12,139,853 10,268,917 10,268,917 270,206 33,060 1,476,151 91,519 1,870,936 10,268,917 270,206 33,060 1,476,151 91,519 12,139,853 10,268,917 270,206 33,060 1,476,151 91,519 12,139,853 (4,271) (45) (4,316) (13,667) (13,667) 32,461 21,410 10,282 64,153 (267) (740) (1,007) 363,058 363,058 10,646,498 270,206 33,060 1,497,294 101,016 12,548,074 10,646,498 10,646,498 270,206 33,060 1,497,294 101,016 1,901,576 10,646,498 270,206 33,060 1,497,294 101,016 12,548,074 2014 95
11 (a) 47,846 6,484 188,448 50,684 293,462 207 207 5,871 467 21,553 8,595 36,486 273,200 273,200 (11) (1,291) (1,302) 53,717 6,951 483,190 58,195 602,053 53,717 6,951 483,190 58,195 602,053 (15) (15) 6,605 833 40,792 9,744 57,974 195,400 195,400 (204) (619) (823) 60,322 7,784 719,178 67,305 854,589 10,646,498 209,884 25,276 778,116 33,711 11,693,485 10,268,917 216,489 26,109 992,961 33,324 11,537,800 126,000594,000 2(g) 96
11 (b) 6,272,000 28,469 6,300,469 692 1,111 1,803 (251) (251) 553,308 553,308 6,826,000 29,329 6,855,329 6,826,000 6,826,000 29,329 29,329 6,826,000 29,329 6,855,329 6,826,000 29,329 6,855,329 748 5,838 6,586 (415) (415) 186,252 186,252 7,013,000 34,752 7,047,752 7,013,000 7,013,000 34,752 34,752 7,013,000 34,752 7,047,752 2014 97
11 (b) 25,600 25,600 1,247 1,247 (243) (243) 26,604 26,604 26,604 26,604 1,527 1,527 (379) (379) 27,752 27,752 7,013,000 7,000 7,020,000 6,826,000 2,725 6,828,725 98
11 (c) 7,490,230 7,260,470 7,013,000 6,826,000 1,750,710 1,730,450 1,405,558 1,277,997 10,646,498 10,268,917 7,013,000 6,826,000 1,968 1,997 233,192 240,601 235,160 242,598 2014 99
11 (d) 13 2(c) 4%6% 4%6% (1) 70010,000 70044,000 (2) 4%5% 4%5% (1) (1) (2) 100
11 (d) 7,378,500 2,247,634 6,272,000 36,457 11,359 271,298 692 5,010 (5,010) (420,910) 627,161 117,418 553,308 7,601,120 2,667,797 6,826,000 7,601,120 2,667,797 6,826,000 (4,271) 25,027 7,434 748 346,700 (360,367) 257,393 105,665 186,252 8,230,240 2,416,258 7,013,000 (e) 2,731,0001,971,000 8,119,340,0007,601,120,000 7,531,0007,510,000 7,326,0007,199,000 7,013,000,0006,826,000,000 1,406,0001,401,000 1,255,0001,167,000 2014 101
11 (e) 307,161 264,060 265,218 235,741 269,665 328,222 222,062 300,442 2,879 20,152 2,879 20,152 579,705 612,434 490,159 556,335 12 3,529,511 3,529,511 11,279,086 10,307,409 389,296 1,715,969 515,549 7,875 (1,595,773) (1,599,105) 14,117,669 13,961,659 486,715 683,169 1,580,690 2,595,207 (44,481) (92,301) (260,185) (227,006) (217) (260) 15,880,191 16,920,468 102
12 2,067,405,0003,278,376,000 252,133,000267,119,000 29 26.6% 26.6% 395,813 513,298 13,241,824 12,931,837 (202,899) (172,893) (2,177,991) (2,309,184) 11,256,747 10,963,058 2,998,445 2,939,327 294,643 284,301 45,020 32,919 351,842 448,762 12,958 29,702 35,334 32,425 198,284 (81,586) 22,196 9,979 (203,324) 13,897 2014 103
13 130,157 129,060 422 1,097 130,579 130,157 45,835 20,046 1,887 2,589 16,600 23,200 64,322 45,835 66,257 84,322 2(g) 14 11,917,819 10,198,258 309,601 439,312 1,280,249 12,227,420 11,917,819 2(e) 104
15 584,079 584,079 2,733,507 2,467,380 219,500 219,500 2,953,007 2,686,880 584,079 584,079 40,009 56,576 (787,838) (790,480) (787,838) (790,480) 2,205,178 1,952,976 (203,759) (206,401) 50.0% 50.0% 36.7% 50.0% 50% 2014 105
15 2,733,507 2,467,380 285,237 398,892 (4,610) 40,434 280,627 439,326 16 151,063 151,063 414,662 441,702 1,868,102 1,959,965 1,828,877 1,791,162 2,282,764 2,401,667 1,979,940 1,942,225 1,540,000,000 703,000,000 106
16 39.0% 49.0% Jeeves (HK) Limited 43.1% 40.0% 49%10% 10% 414,662 441,702 (19,865) (1,559) (7,739) 72,367 (27,604) 70,808 2014 107
17 2,284 21,945 20,265 77,686 21,945 97,951 21,945 100,235 21,945 20,265 77,686 18 1,594,915 1,549,253 12,923,957 12,798,732 2,544,470 582,796 16,483 11,757 17,079,825 14,942,538 1,594,915,0001,549,253,000 8,275,653,0005,675,185,000 108
18 3,179,024 1,809,316 3,720,436 4,024,928 6,899,460 5,834,244 32,625 32,625 2,065,820 2,078,588 2,700,005 2,670,096 4,798,450 4,781,309 11,697,910 10,615,553 2014 109
19 (a) 426,592 344,628 1,180 1,375 178 1,239 6,239 5,528 15 433,009 351,395 1,180 1,390 42,527 70,792 1,980 1,985 268,946 207,122 16,683 9,840 744,482 629,309 19,843 13,215 5,893,00016,798,000 1,953,0001,947,000 7,145,000473,000 5,340,000 (b) 5,976,000 6,635,0004,783,0005,440,000 342,000295,000 (c) 110
20 2,576,310 773,047 611 628 35,308 40,066 1,855 1,686 226 53 28,743 29,670 2,640,587 842,836 2,466 2,314 78,268 73,121 61,542 58,301 559,018 191,495 42,344 43,183 2,097,392 1,927,316 5,375,265 3,034,768 106,352 103,798 74,043,00066,468,00061,145,000 57,869,000 129,854,000325,958,000 453,000216,000 1,753,043,0001,574,444,000 21 22 2014 111
23 1,343,400 1,334,314 6,416,018 200,000 4,450,000 158,328 3,661,567 3,280,000 6,574,346 3,861,567 4,450,000 3,280,000 7,917,746 5,195,881 4,450,000 3,280,000 7,717,746 4,895,881 4,450,000 3,280,000 200,000 300,000 7,917,746 5,195,881 4,450,000 3,280,000 112
24 (a) 115,068 8,302,404 5,962,625 14,380,097 9(b) (414,245) (414,245) 9(a) (241,643) (241,643) 1,521,171 1,521,171 115,068 8,302,404 6,827,908 15,245,380 115,068 8,302,404 6,827,908 15,245,380 9(b) (414,245) (414,245) 9(a) (241,643) (241,643) 630,807 630,807 24(b) 8,302,404 (8,302,404) 8,417,472 6,802,827 15,220,299 15,081,000 4,784,000 1,360,174,000 1,148,111,000 6226 6226 613,455,000824,787,000 2014 113
24 (b) 0.1 5,000,000,000 500,000 1,150,681,275 115,068 1,150,681,275 115,068 8,302,404 1,150,681,275 8,417,472 1,150,681,275 115,068 622 6221137 (c) 59.3%62.5% 114
25 (a) 1,283,952 1,360,371 (521) (457) (28) 1,740 (235,440) 19,865 1,559 (285,237) (398,892) (5,218) (2,180) 4,160 212,000 296,400 (363,058) (744,579) (6,773) (9,192) 168,758 102,049 59,735 38,481 1,088,693 408,802 78,290 3,224 (24,717) 3,505 (495,452) (1,292,854) (116,172) 465,001 16,567 29,948 (2,642) 28,112 778,584 523,288 1,323,151 169,026 6,771 9,220 (247,431) (203,987) (91,585) (150,941) 435 5 991,341 (176,677) 2014 115
25 (b) 400,000 1,280,249 54 9 (182,752) (31,505) 1,466,055 182,752 1,648,807 (9) (182,752) 1,466,046 1,648,807,000 100% 4,000 189,711,000406,000 116
26 70,056 68,056 1,400 1,400 27 570,438,000 407,005,0001,140,876,000814,010,00050% 671,849,000814,010,000 2,750,000,0001,307,559,000 2,630,000,0001,207,559,000 28 10,984,521,00011,260,792,000 15,000,00032,834,000 29 2 100.0% 5,000,000 85.0% 1,000,000 85.0% 2014 117
29 10,000 100.0% 1,000,000 100.0% 1 100.0% 100,000 85.0% 10,000 85.0% 2 100.0% 2 100.0% 2,000,000 100.0% 1 100.0% 264,529,125 100.0% Marble King International Limited 2 100.0% Mass Ventures International Limited 1 100.0% 1 100.0% 208 443,896,784 73.4% 2 109,800,000 1 100.0% 118
29 2 1,202,500,000 1 80.0% 2 100.0% 2 100.0% 1 100.0% 100,000 100.0% 2 100.0% 2 100.0% 2 100.0% 2 100.0% 2 80,000,000 1 70.0% 2 59,600,000 1 100.0% (1) (2) 2014 119
30 695,000 588,000 4,624,0004,135,000 2,806,0003,461,000 31 (a) (b) 16,388,000 14,528,000 (c) 16,089,00015,491,0005(a) 5(b) 120
32 (a) 100 81,000,00074,000,000 (b) 2014 121
32 (c) 3,065,386 115,949 13,366 74,582 3,269,283 3,269,283 200,000 200,000 200,000 1,468,937 6,518,889 166,361 8,154,187 7,917,746 6,778,980 6,778,980 6,778,980 787,838 787,838 787,838 38,679 38,679 38,679 5,322,161 6,634,838 179,727 7,092,241 19,228,967 18,992,526 714,577 310,587 81,769 1,106,933 1,106,933 200,000 200,000 200,000 1,415,692 263,297 3,717,943 5,396,932 5,195,881 9,328,289 9,328,289 9,328,289 790,480 790,480 790,480 41,416 41,416 41,416 2,920,749 573,884 3,717,943 9,651,474 16,864,050 16,662,999 122
32 (c) 27 36,523 61,598 98,121 98,121 59,419 4,508,605 4,568,024 4,450,000 4,980,428 4,980,428 4,980,428 252,133 52,533 304,666 304,666 217 217 217 787,838 787,838 787,838 1,136,130 4,508,605 5,094,559 10,739,294 10,621,270 45,194 58,085 103,279 103,279 42,968 42,968 3,322,262 3,408,198 3,280,000 7,080,606 7,080,606 7,080,606 267,119 52,188 319,307 319,307 260 260 260 790,480 790,480 790,480 1,146,021 42,968 3,322,262 7,190,879 11,702,130 11,573,932 27 2014 123
32 (d) (e) 5% 800,0005,000,000 124
32 (f) 10%+10% 5%1,095,471,0001,099,204,000 895,628,000890,673,000 (g) 13 2014 125
32 (g) 21,945 21,945 12,227,420 12,227,420 21,945 12,227,420 12,249,365 2,284 2,284 97,951 97,951 11,917,819 11,917,819 97,951 11,920,103 12,018,054 11,920,103 10,206,743 1,280,249 309,601 439,349 (695) (6,238) (1,589) 12,227,420 11,920,103 126
33 Intellinsight Holdings Limited 34 9 2014 127
A. (%) 750 45,891 124 100.0 688 65 20 1,465 100.0 51 223 1,327 100.0 67 1,767 10 100.0 582-592 1 32 614 100.0 128
B. (%) 35 19,335 196,400 100.0 18 780 6,600 2015/2016 100.0 45 65A 1,388 11,100 2019/2020 100.0 1 738 6,000 2016/2017 100.0 18 24 1 27 2 26 1 23 4,038 33,900 2018/2019 100.0 1,100,000 2,000,000 2 2 IIA 2015 IIB 2016/2017 100.0 6 165,303 712,000 3 3 2015 100.0 68,833 404,400 1 2 1 2015 2 2017 80.0 2014 129
B. (%) 8 18,334 129,000 2015 70.0 146,056 519,900 1 1 2016 60.0 P 68,000 697,600 2014 2017/2018 58.8 T + T1 17,900 195,600 2015 2017/2018 58.8 130
C. (%) 42 3,240 29,200 100.0 D. (%) 2-16A 43-53A 81-113 208 208 36,553 265 36.7 2014 131
E. (%) 4,020,743 1,600,000 2 2 2015/2016 50.0 F. (%) 2004 066 135,540 850,000 1 1 2015 49.0 35,000 132
www.ione.com.hk Concept, design and printing: ione Financial Press Limited. Website: www.ione.com.hk
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