2013 6 25
.............................................................. 1........................................................ 5..................................... 20............................... 22....................... 217......................... 240.............................................. 245 i
2012 8 28 2012 8 28 2013 5 22 23 14 1
2
2013 6 20 0.10 3
2012 8 28 2012 8 28 % 4
Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 81 16 617000 2012 8 28 2012 9 27 5
2012 8 28 1,500 1,829 34% 41% % % % 100% 64% 370 36% 90% 59.4% 250 34% 10% 6.6% 90% 55.8% 230 38% 10% 6.2% 70% 41.3% 60 41% 30% 17.7% 80% 47.2% 90 41% 20% 11.8% 90% 55.8% 270 38% 5.7% 3.52% 3.8% 2.36% 0.4% 0.25% 0.1% 0.07% 90% 54% 140 40% 10% 6% 80% 48.8% 90 39% 20% 12.2% 1,500 6
1. 2. 3. 4. 5. 6. 7. 8. (8) 7
2012 4 30 2012 4 30 2012 4 30 646.4 437.3 409.6 101.6 226.4 498.3 246.6 155.6 15 2012 4 30 2011 12 31 2011 12 31 2012 4 30 15 8
30,800 64,500 2.46 18,800 52,500 1.50 7,500 20,000 0.60 15,000 45,000 1.20 15,000 30,000 1.20 16,500 50,000 1.32 11,250 30,000 0.90 13,500 27,000 1.08 9
1. 80% 2. 10,000,000 3. 4. 5. 180 6. 3,000,000 10
7. 2012 8 28 1.8% 9% 10.8% 11
2013 5 22 2013 5 23 2012 9 13 1,100,674,000 2012 9 13 53.28% % % 34% 34% 270,619 38% 38% 248,918 41% 41% 64,935 41% 41% 97,402 38% 38% 289,639 40% 40% 151,515 39% 39% 97,402 1,220,430 374 12
1,500 1,500 2012 8 28 36% 38% 41% 41% 40% 39% 34% 38% 13
2012 8 28 2006 9 1 2007 9 21 14
2011 12 31 2011 12 31 152,463 133,405 595,185 23,288 23,288 132,215 (3,019) (3,053) 280,511 14,468 13,750 28,248 25 18 4,240 73,660 62,142 368,485 (7,999) (8,083) 95,705 (73) (73) (709) 2010 12 31 83,856 77,567 461,780 (29,021) (29,021) 108,928 (5,428) (5,428) 283,564 19,396 16,283 14,743 (5,718) (5,778) 4,222 19,143 17,378 308,912 (9,357) (9,357) 103,545 (5,577) (5,636) (636) 15
5.7% 3.8% 0.4% 0.1% 2,000 2010 (i) (ii) 16
2013 1 2012 8 2012 4 30 1,020 480 1,500 2012 4 30 1,020 2012 4 30 2,691 1,500 44% 40% 60% 13% 5% 6% 9.5% 5% 6% 6.6255% 8.528% 8.528% 17
25% 75% 25% 100% 14 2012 9 13 1,100,674,000 2012 9 13 53.28% 18.10 18.09 18.09 (a) (i) 18
(ii) (iii) (b) 18.10 18.10 2013 6 25 19
1. (i) 2012 12 31 2013 5 24201240 115 (ii)2011 12 31 2012 3 20 2011 42 127 (iii) 2010 12 31 2011 3 29 2010 40 111 http://www.hkexnews.hk http://www.hidili.com.cn 2. 2013 4 30 9,342 5,418 1,430 6 2,488 (i) 2013 4 30 2,384 (ii) 2013 4 30 1,774 2013 4 30 2013 4 30 3. (i) 25 (ii) 400 (iii) 2013 12 20
4. 42 12 20 9 1 2012 12 31 1,923.6 1,074.8 2011 32.8% 39.2% 3.5 2011 4.1 14.2% 2012 12 31 EBITDA 579.1 30.1% (i) 2012 8 (ii) 2012 12 (iii) 2013 1 2013 21
A 2012 12 31 2013 6 25 2003 5 29 3.340 22
A 2010 12 31 2011 12 31 2012 12 31 23
A A. 12 31 2010 2011 2012 6 128,430,131 262,784,116 103,799,364 (55,478,178) (77,362,577) (34,764,275) 72,951,953 185,421,539 69,035,089 27,089,790 28,440,719 31,158,811 (6,583,712) (8,160,532) (19,102,255) 7 (1,905,119) (12,974,099) (15,532,028) 91,552,912 192,727,627 65,559,617 8 (5,211,286) (20,738,228) (9,046,025) 9 86,341,626 171,989,399 56,513,592 24
A 12 31 2010 2011 2012 12 220,877,481 295,011,617 344,045,424 13 16,599,828 31,760,728 31,760,728 16 182,577,583 194,611,474 207,438,534 16 245,869,831 262,075,384 279,349,064 665,924,723 783,459,203 862,593,750 14 2,590,885 2,782,948 5,729,845 15 2,800,000 13 1,949,270 6,330,999 5,896,711 3,114,586 16 35,574,861 8,896,395 16 10,091,228 39,409,898 255,744,475 17 1,382,585 739,375 1,463,024 16,013,968 84,838,081 283,645,036 18 4,796,517 13,050,816 8,667,652 19 32,268,432 26,434,691 14,393,387 16 1,752,000 3,705,055 16 334,225,103 337,494,407 212,519,564 2,891,142 9,352,118 374,181,194 388,084,032 239,285,658 (358,167,226) (303,245,951) 44,359,378 307,757,497 480,213,252 906,953,128 20 1,441,689 1,908,045 2,134,329 306,315,808 478,305,207 904,818,799 21 5,000,000 5,000,000 7,812,500 301,315,808 473,305,207 897,006,299 306,315,808 478,305,207 904,818,799 25
A (i) (ii) 2010 1 1 5,000,000 138,896,839 11,709,062 2,759,175 61,609,106 219,974,182 86,341,626 86,341,626 5,984,838 7,436,621 (13,421,459) 2010 12 31 5,000,000 138,896,839 17,693,900 10,195,796 134,529,273 306,315,808 171,989,399 171,989,399 1,600,513 (1,600,513) 2011 12 31 5,000,000 138,896,839 17,693,900 11,796,309 304,918,159 478,305,207 56,513,592 56,513,592 26,879 (26,879) 2,812,500 367,187,500 370,000,000 2012 12 31 7,812,500 506,084,339 17,693,900 11,823,188 361,404,872 904,818,799 (i) (ii) 10% 50% 26
A 12 31 2010 2011 2012 91,552,912 192,727,627 65,559,617 3,037,203 5,141,059 4,665,845 1,905,119 12,974,099 15,532,028 (26,493,246) (28,239,444) (30,100,740) (181,759) (27,011) (503,371) 5,182 276,514 466,356 226,284 70,101,925 183,042,686 55,379,663 373,628 (192,063) (2,946,897) (2,800,000) (16,527,537) (19,542,629) 434,288 (198,868,897) 8,254,299 (4,383,164) 6,225,353 (5,666,945) (12,225,351) (138,695,528) 165,895,348 33,458,539 (3,268,726) (14,277,252) (21,512,729) (141,964,254) 151,618,096 11,945,810 (28,747,194) (125,705,870) (685,845,751) (39,409,898) (254,928,160) 36,572,748 90,131,009 712,524,217 10,091,228 38,593,583 (27,091,374) (79,441,991) (53,515,605) 181,759 27,011 503,371 100,000,000 80,915,939 (144,308,511) (242,668,345) 27
A 12 31 2010 2011 2012 (280,507,326) (296,712,066) (326,663,710) (1,905,119) (12,974,099) (15,532,028) 341,555,715 299,981,370 201,688,867 370,000,000 1,800,000 1,953,055 (48,000) 59,143,270 (7,952,795) 231,446,184 (1,905,045) (643,210) 723,649 3,287,630 1,382,585 739,375 1,382,585 739,375 1,463,024 28
A 1. Sarasin Trust Company Guernsey Limited 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 29
A 3. 30
A 31
A 32
A 33
A 4. 3 34
A 2010 12 31 2011 12 31 2012 12 31 220,877,481 295,011,617 344,045,424 12 3 2010 12 31 2011 12 31 2012 12 31 163,108,852 217,888,638 255,943,209 2010 12 31 2011 12 31 2012 12 31 163,108,852 217,888,638 255,943,209 5. (a) 12 31 2010 2011 2012 441,369,184 533,799,750 759,399,461 345,004,579 354,032,275 229,131,304 (b) 35
A (i) 17 (ii) (iii) 16 2010 12 31 2011 12 31 2012 12 31 (c) 36
A 6. 8 24(a) 7. 12 31 2010 2011 2012 1,905,119 12,974,099 15,532,028 8. 2010 2011 2012 5,211,286 20,693,484 9,046,025 44,744 5,211,286 20,738,228 9,046,025 25% 2009 2011 50% 2010 2011 12.5% 2010 2010 7.5% 37
A 12 31 2010 2011 2012 91,552,912 192,727,627 65,559,617 25% 22,888,228 48,181,907 16,389,904 331,811 120,155 181,306 44,744 (11,385,442) (20,548,717) (6,623,311) (7,059,861) (7,525,185) 5,211,286 20,738,228 9,046,025 9. 12 31 2010 2011 2012 55,478,178 77,362,577 34,764,275 3,037,203 5,141,059 4,665,845 5,182 20 276,514 466,356 226,284 17,631,462 29,922,284 22,486,544 965,869 817,569 1,317,264 18,597,331 30,739,853 23,803,808 (181,759) (27,011) (503,371) (11,289,770) (12,033,891) (12,827,060) (15,203,476) (16,205,553) (17,273,680) 10. 38
A 12 31 2010 2011 2012 479,436 361,159 676,059 89,584 42,777 89,117 569,020 403,936 765,176 1,000,000 800,000 11. 39
A 12. 2010 1 1 11,300,245 165,741,402 7,869,748 387,029 1,322,908 18,381,826 205,003,158 84,615 2,760,538 373,189 24,337,622 27,555,964 1,494,104 5,667,980 (7,162,084) (53,230) (53,230) 2010 12 31 12,878,964 171,409,382 10,630,286 333,799 1,696,097 35,557,364 232,505,892 1,281,476 52,233,634 2,831,516 275,381 22,653,188 79,275,195 6,265,406 (6,265,406) 2011 12 31 14,160,440 229,908,422 13,461,802 333,799 1,971,478 51,945,146 311,781,087 28,237,696 2,092,746 2,851,118 3,844,951 16,673,141 53,699,652 12,050,679 (12,050,679) 2012 12 31 14,160,440 270,196,797 15,554,548 3,184,917 5,816,429 56,567,608 365,480,739 2010 1 1 689,014 6,484,129 1,162,748 140,826 162,539 8,639,256 333,517 1,816,401 616,145 99,720 171,420 3,037,203 (48,048) (48,048) 2010 12 31 1,022,531 8,300,530 1,778,893 192,498 333,959 11,628,411 374,469 3,719,254 741,353 99,277 206,706 5,141,059 2011 12 31 1,397,000 12,019,784 2,520,246 291,775 540,665 16,769,470 396,151 2,233,804 935,408 752,304 348,178 4,665,845 2012 12 31 1,793,151 14,253,588 3,455,654 1,044,079 888,843 21,435,315 2010 12 31 11,856,433 163,108,852 8,851,393 141,301 1,362,138 35,557,364 220,877,481 2011 12 31 12,763,440 217,888,638 10,941,556 42,024 1,430,813 51,945,146 295,011,617 2012 12 31 12,367,289 255,943,209 12,098,894 2,140,838 4,927,586 56,567,608 344,045,424 15 35 5 15 5 10 10 40
A 2010 12 31 2011 12 31 2012 12 31 2012 12 31 2012 12 31 56,567,608 287,477,816 14.9% 5 13. 2010 12 31 2011 12 31 2012 12 31 16,599,828 31,760,728 31,760,728 2012 12 31 2,960,000 14. 12 31 2010 2011 2012 2,590,885 2,782,948 5,729,845 15. 2012 12 31 90 90 120 41
A 16. 2010 12 31 2011 12 31 2012 12 31 182,577,583 194,611,474 207,438,534 245,869,831 262,075,384 279,349,064 6.6% 17. 0.36% 0.50% 18. 12 31 2010 2011 2012 0 90 3,199,947 11,243,152 1,395,788 91 180 1,017,845 799,469 1,986,687 181 365 452,137 236,746 4,005,014 365 126,588 771,449 1,280,163 4,796,517 13,050,816 8,667,652 90 19. 12 31 2010 2011 2012 1,802,014 2,026,768 1,531,617 19,058,599 15,588,352 8,622,736 464,590 297,794 481,841 9,403,847 7,084,519 1,539,382 1,437,258 3,757,193 32,268,432 26,434,691 14,393,387 42
A 20. 2010 1 1 1,165,175 276,514 2010 12 31 1,441,689 466,356 2011 12 31 1,908,045 226,284 2012 12 31 2,134,329 21. 2010 1 1 2010 12 31 2011 12 31 5,000,000 2,812,500 2012 12 31 7,812,500 2012 8 28 5,000,000 7,812,500 2012 9 370,000,000 2,812,500 367,187,500 22. 16 43
A 23. 12 31 2010 2011 2012 4,995,223 13,981,372 9,231,968 24. (a) 2010 2011 2012 11,850,096 115,785,284 100,142,099 116,580,035 146,998,832 3,657,265 10,330,608 3,420,196 1,960,221 1,480,000 (b) 13 15 16 B. C. 2012 12 31 168 200 37 3702 2013 6 25 44
B 2012 12 31 2013 6 25 2009 7 10 2012 12 31 Fuyuan County Yuyuan Coal Industry Co., Ltd. 2004 7 16 6,050,000 2005 11 30 6,000,000 45
B 2010 12 31 2011 12 31 2012 12 31 80% 3.340 2010 12 31 2011 12 31 2012 12 31 1 2012 12 31 403,448,108 1 1 1 46
B A. 12 31 2010 2011 2012 6 306,069,286 435,682,775 370,695,794 (247,955,291) (369,434,760) (307,567,605) 58,113,995 66,248,015 63,128,189 15,046,463 29,461,481 29,397,300 (23,712,404) (22,465,177) (37,215,911) 7 (37,682,709) (24,259,016) (34,484,881) (893,976) 11,765,345 48,985,303 19,930,721 8 (3,333,268) (14,858,772) (1,264,401) 9 8,432,077 34,126,531 18,666,320 7,974,133 40,975,438 15,561,361 457,944 (6,848,907) 3,104,959 8,432,077 34,126,531 18,666,320 47
B 12 31 2010 2011 2012 12 638,208,053 952,987,316 1,087,711,069 13 259,271,433 51,000,000 1,000,000 14 103,571,433 102,677,457 15 54,700,000 54,700,000 19 27,659,594 57,526,036 19 398,363,969 322,740,204 366,014,800 1,295,843,455 1,512,658,547 1,669,629,362 16 60,606,446 32,881,283 20,782,770 17 27,907,308 30,255,330 109,633,321 18 38,842,938 82,728,058 74,413,587 19 6,713,920 19 22,560,143 19 362,880,307 400,715,161 123,642,095 19 104,468,472 15,922,404 20 21,176,502 42,611,072 52,349,590 615,881,973 611,751,047 403,457,687 21 5,243,851 21,625,326 43,039,773 22 35,918,654 76,202,673 83,555,916 19 445,051,180 9,588,198 19 894,696,160 468,018,724 56,651,847 19 236,803,397 562,923,668 563,750,294 19 17,262,236 42,969,578 3,200,464 17,108,080 16,938,387 23 15,000,000 1,635,913,706 1,172,728,905 806,905,795 48
B 12 31 2010 2011 2012 (1,020,031,733) (560,977,858) (403,448,108) 275,811,722 951,680,689 1,266,181,254 26 88,941,990 88,908,012 88,877,596 24 220,985 420,069 529,960 19 418,262,551 457,985,365 19 43,557,544 252,090,213 268,161,245 132,720,519 759,680,845 815,554,166 143,091,203 191,999,844 450,627,088 25 20,000,000 20,000,000 30,303,000 64,387,580 120,145,128 365,364,413 84,387,580 140,145,128 395,667,413 58,703,623 51,854,716 54,959,675 143,091,203 191,999,844 450,627,088 49
B i ii 2010 1 1 20,000,000 127,000,000 (1,508,133) 145,491,867 58,045,679 203,537,546 7,974,133 7,974,133 457,944 8,432,077 (81,748,190) (81,748,190) (81,748,190) 12,669,770 12,669,770 12,669,770 1,688,451 4,565,546 (6,253,997) 200,000 200,000 2010 12 31 20,000,000 127,000,000 1,688,451 4,565,546 (68,866,417) 84,387,580 58,703,623 143,091,203 40,975,438 40,975,438 (6,848,907) 34,126,531 (5,560,137) (5,560,137) (5,560,137) (20,132,850) (20,132,850) (20,132,850) 40,475,097 40,475,097 40,475,097 350,555 6,043,659 (6,394,214) 2011 12 31 20,000,000 127,000,000 2,039,006 10,609,205 (19,503,083) 140,145,128 51,854,716 191,999,844 15,561,361 15,561,361 3,104,959 18,666,320 (5,652,006) (5,652,006) (5,652,006) (4,387,070) (4,387,070) (4,387,070) 12,623,516 10,405 (12,633,921) 10,303,000 239,697,000 250,000,000 250,000,000 2012 12 31 30,303,000 366,697,000 14,662,522 10,619,610 (26,614,719) 395,667,413 54,959,675 450,627,088 (i) (ii) 10% 50% 50
B 12 31 2010 2011 2012 11,765,345 48,985,303 19,930,721 37,682,709 24,259,016 34,484,881 7,006,898 6,161,548 8,675,468 (45,836) (64,312) (86,614) 1,078 60,000 (60,000) 73,165 3,585,132 220,985 199,084 109,891 (14,888,369) (29,142,341) (29,260,093) 893,976 45,386,864 50,339,376 34,821,395 (56,765,903) 27,725,163 12,098,513 (27,907,308) 15,930,900 19,742,009 (23,954,402) (43,825,120) 2,117,522 3,387,879 16,381,475 21,414,447 6,513,718 5,776,919 10,877,027 (53,339,152) 72,328,713 101,070,913 (227,210) (985,134) (1,464,510) (53,566,362) 71,343,579 99,606,403 51
B 12 31 2010 2011 2012 529,313,207 564,053,123 (253,547,268) (276,613,746) (122,874,460) (153,468,472) (179,711,528) (264,099,788) 49,000,000 265,900,000 149,057,384 (103,571,433) (25,500,000) 50,000,000 28 541 45,836 64,312 86,614 382,863,652 (55,638,841) (33,625,242) (810,599,446) (482,655,838) (307,274,836) (6,713,920) 22,560,143 (914,776,590) (149,342,434) 1,169,018 (37,682,709) (25,868,022) (36,338,610) 442,621,083 1,498,542,613 748,251,231 190,929,184 18,684,640 2,382,522 1,070,407,893 581,404,947 461,936,917 (340,493,401) (931,625,535) (747,424,605) (454,147,622) (11,970,720) (340,001,733) (589,819,832) (783,580,980) (15,000,000) 17,262,236 25,707,342 250,000,000 985,780,317 99,433,425 (91,036,903) 17,437,365 21,434,570 9,738,518 3,739,137 21,176,502 42,611,072 21,176,502 42,611,072 52,349,590 52
B 1. Sarasin Trust Company Guernsey Limited 2012 12 31 403,448,108 (1) 2,500,000,000 (2) 400,000,000 12 12 (3) 2,400,000,000 50% 2013 5 24 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 53
B 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 3. 54
B 39 36 36 55
B 56
B 57
B 58
B 59
B 4. 3 2010 12 31 2011 12 31 2012 12 31 638,208,053 952,987,316 1,087,711,069 12 3 2010 12 31 2011 12 31 2012 12 31 498,374,772 569,316,882 903,880,593 60
B 2010 12 31 2011 12 31 2012 12 31 498,374,772 569,316,882 903,880,593 5. (a) 12 31 2010 2011 2012 933,030,815 862,711,185 774,990,193 54,700,000 54,700,000 933,030,815 917,411,185 829,690,193 1,660,871,302 1,803,147,269 1,501,475,875 (b) (i) 20 23 19 (ii) 61
B (iii) 19 2012 12 31 403,448,108 1 1 5 2010 12 31 % 5,243,851 5,243,851 5,243,851 20,519,170 20,519,170 20,519,170 5.76 445,051,180 445,051,180 445,051,180 894,696,160 894,696,160 894,696,160 0.19 236,803,397 56,227,314 293,030,711 280,360,941 8.10 15,401,685 15,401,685 15,000,000 1,617,715,443 56,227,314 1,673,942,757 1,660,871,302 62
B 1 1 5 2011 12 31 % 21,625,326 21,625,326 21,625,326 53,376,353 53,376,353 53,376,353 5.76 9,588,198 9,588,198 9,588,198 4.69 468,018,724 582,328,626 1,050,347,350 886,281,275 2.41 562,923,668 297,024,121 859,947,789 815,013,881 17,262,236 17,262,236 17,262,236 1,132,794,505 879,352,747 2,012,147,252 1,803,147,269 1 1 5 2012 12 31 % 43,039,773 43,039,773 43,039,773 68,917,773 68,917,773 68,917,773 7.26 56,651,847 105,752,389 458,514,190 620,918,426 514,637,212 2.14 563,750,294 297,024,121 860,774,415 831,911,539 42,969,578 42,969,578 42,969,578 775,329,265 105,752,389 755,538,311 1,636,619,965 1,501,475,875 (c) 6. 8 63
B 31(a) 10% 7. 12 31 2010 2011 2012 A 44,124,372 105,030,588 * * 10% 12 31 2010 2011 2012 6,924,384 401,685 30,758,325 25,466,337 36,338,610 8,210,959 16,071,032 37,682,709 34,078,981 52,409,642 (9,819,965) (17,924,761) 37,682,709 24,259,016 34,484,881 8. 12 31 2010 2011 2012 3,427,674 14,711,271 1,294,817 181,479 3,427,674 14,892,750 1,294,817 26 (94,406) (33,978) (30,416) 3,333,268 14,858,772 1,264,401 25% 64
B 12 31 2010 2011 2012 11,765,345 48,985,303 19,930,721 25% 2,941,336 12,246,326 4,982,680 1,510,713 2,297,630 4,232,933 (3,722,092) (7,285,585) (7,315,023) 1,707,027 6,459,881 7,190,318 (7,826,507) 181,479 896,284 959,041 3,333,268 14,858,772 1,264,401 9. 12 31 2010 2011 2012 247,955,291 369,434,760 307,567,605 7,006,898 6,161,548 8,675,468 24 220,985 199,084 109,891 1,078 60,000 (60,000) 73,165 3,585,132 16,170,701 18,504,273 15,434,988 1,011,736 1,065,407 2,392,027 17,182,437 19,569,680 17,827,015 (45,836) (64,312) (86,614) (14,888,369) (29,001,308) (27,366,887) (141,033) (1,893,206) 10. 65
B 12 31 2010 2011 2012 1,083,486 1,545,205 1,442,738 6,413 11,153 18,693 1,089,899 1,556,358 1,461,431 1,000,000 800,000 11. 66
B 12. 2010 1 1 12,549,633 829,893,302 15,191,125 3,239,269 727,921 44,773,008 906,374,258 7,759,183 7,230,299 5,540,625 1,207,588 90,102,473 111,840,168 28 4,576,350 9,872,870 1,581,452 16,030,672 144,616 (144,616) (10,879,625) (345,431,634) (6,404,614) (3,608,659) (288,726) (20,326,318) (386,939,576) 2010 12 31 6,246,358 502,093,721 17,598,262 5,171,235 1,791,399 114,404,547 647,305,522 112,783 73,258,501 50,360,831 633,248 1,725,352 194,850,096 320,940,811 831,223 (831,223) 2011 12 31 7,190,364 575,352,222 67,959,093 5,804,483 3,516,751 308,423,420 968,246,333 51,358,000 11,942,179 271,600 79,827,442 143,399,221 254,056 284,905,963 5,129,603 1,184,278 (291,473,900) 2012 12 31 7,444,420 911,616,185 85,030,875 6,076,083 4,701,029 96,776,962 1,111,645,554 2010 1 1 241,549 689,001 1,434,016 173,115 43,682 2,581,363 609,166 3,029,948 2,085,153 1,120,335 162,296 7,006,898 (15,620) (382,323) (91,945) (904) (490,792) 2010 12 31 835,095 3,718,949 3,136,846 1,201,505 205,074 9,097,469 210,179 2,316,391 2,408,431 956,163 270,384 6,161,548 2011 12 31 1,045,274 6,035,340 5,545,277 2,157,668 475,458 15,259,017 308,920 1,700,252 5,386,532 911,128 368,636 8,675,468 2012 12 31 1,354,194 7,735,592 10,931,809 3,068,796 844,094 23,934,485 2010 12 31 5,411,263 498,374,772 14,461,416 3,969,730 1,586,325 114,404,547 638,208,053 2011 12 31 6,145,090 569,316,882 62,413,816 3,646,815 3,041,293 308,423,420 952,987,316 2012 12 31 6,090,226 903,880,593 74,099,066 3,007,287 3,856,935 96,776,962 1,087,711,069 15 35 5 15 5 10 67
B 3 8 2012 12 31 2012 12 31 96,776,962 990,934,107 14.9% 5 13. 12 31 2010 2011 2012 103,571,433 54,700,000 27 100,000,000 50,000,000 1,000,000 1,000,000 1,000,000 259,271,433 51,000,000 1,000,000 14. 12 31 2010 2011 2012 103,571,433 103,571,433 (893,976) 103,571,433 102,677,457 68
B 12 31 2010 2011 2012 47.38% 47.38% 20% 20% 2011 2012 12 31 55,395,000 14,995,000 12 31 2010 2011 2012 137,571,662 174,015,999 (52,535,599) (90,690,022) 85,036,063 83,325,977 33,181,433 32,287,457 241,500,665 1,710,087 893,976 15. 12 31 2010 2011 2012 54,700,000 54,700,000 18% 69
B 16. 12 31 2010 2011 2012 48,201,571 19,288,952 15,211,380 12,404,875 13,592,331 5,571,390 60,606,446 32,881,283 20,782,770 17. 12 31 2010 2011 2012 27,607,308 10,076,408 5,913,321 (1,078) 27,607,308 10,075,330 5,913,321 300,000 20,180,000 103,720,000 27,907,308 30,255,330 109,633,321 90 120 90 180 12 31 2010 2011 2012 0 90 27,797,459 13,373,822 65,079,816 91 120 109,849 5,201,648 1,502,120 121 180 11,650,000 40,000,000 181 365 29,860 3,000,000 365 51,385 27,907,308 30,255,330 109,633,321 2010 2011 2012 12 31 29,860 3,051,385 70
B 18. 2010 2011 2012 12 31 11,200,876 27,801,396 10,548,852 2,250,000 19. 2010 12 31 398,363,969 6.15% 6.40% 2010 12 31 43,557,544 445,051,180 5.76% 6.15% 2011 12 31 27,659,594 322,740,204 6.15% 6.40% 2011 12 31 252,090,213 418,262,551 418,262,551 8.625% 6.15% 6.40% 2012 12 31 57,526,036 366,014,800 6.15% 6.4% 2012 12 31 268,161,245 457,985,365 457,985,365 5.49% 8.625% 6.15% 6.40% 71
B 20. 2010 2011 2012 12 31 0.35% 0.50% 21. 12 31 2010 2011 2012 0 90 5,030,331 20,998,089 12,340,137 91 180 141,348 428,230 15,604,433 181 365 72,172 11,171 4,862,380 365 187,836 10,232,823 5,243,851 21,625,326 43,039,773 90 22. 2010 2011 2012 12 31 11,992,900 46,500,000 49,100,000 5,335,239 6,923,511 23. 12 31 2010 2011 2012 15,000,000 8.10% 24. 2010 1 1 220,985 2010 12 31 220,985 199,084 2011 12 31 420,069 109,891 2012 12 31 529,960 72
B 25. 2010 1 1 2010 2011 12 31 20,000,000 10,303,000 2012 12 31 30,303,000 2012 8 28 20,000,000 30,303,000 2012 9 250,000,000 10,303,000 239,697,000 26. 2010 1 1 86,568,179 28 2,468,217 (94,406) 2010 12 31 88,941,990 (33,978) 2011 12 31 88,908,012 (30,416) 2012 12 31 88,877,596 2010 2011 2012 12 31 6,828,000 32,668,000 32,169,000 2012 2016 27. 2012 12 31 50,000,000 50,000,000 2010 12 31 2011 12 31 2012 12 31 18,280,000 99,120,000 73
B 28. 2010 12 31 800,000 80% 16,030,672 541 (2,562,996) (10,000,000) (2,468,217) 1,000,000 (200,000) 800,000 2009 800,000 541 29. 19 23 30. 12 31 2010 2011 2012 47,509,842 63,562,821 61,439,395 74
B 31. (a) 2010 2011 2012 30,758,325 28,876,212 1,073,429 25,466,337 36,338,610 150,247,334 137,833,784 113,875,258 69,796,686 387,893,437 178,797,902 383,054,005 750,000 131,169,634 134,572,045 213,149,264 4,761,759 1,468,736 (b) 18 19 B. C. 2012 12 31 168 200 37 3702 2013 6 25 75
C 2010 1 19 2010 12 31 2012 12 31 2013 6 25 2010 1 19 3.340 76
C 2010 12 31 2011 12 31 2012 12 31 77
C A. 2010 1 19 2010 12 31 12 31 2011 2012 6 38,623,411 27,846,618 16,838,209 (11,794,925) (9,220,679) (13,579,835) 26,828,486 18,625,939 3,258,374 1,464 4,563 41,900 (2,537,257) (2,732,249) (5,532,436) 7 (175,230) (1,895,958) (6,993,673) 24,117,463 14,002,295 (9,225,835) 8 (6,045,916) (124,510) 9 18,071,547 13,877,785 (9,225,835) 78
C 12 31 2010 2011 2012 12 310,317,637 356,093,498 381,496,346 10,510,000 310,317,637 366,603,498 381,496,346 13 2,614,514 1,610,434 679,300 14 3,126,299 1,384,243 6,135,792 19 113,732,312 19 91,315,512 19 23,902,708 74,476,663 71,363,613 15 121,092 443,640 266,607 29,764,613 77,914,980 283,493,136 16 1,077,915 797,758 3,673,836 17 4,957,371 8,378,309 6,567,249 19 5,027,197 5,142,633 19 7,997,638 100,939,075 99,065,625 19 11,892,743 6,131,932 12,629,278 6,045,916 6,155,324 5,297,427 36,998,780 127,545,031 127,233,415 (7,234,167) (49,630,051) 156,259,721 303,083,470 316,973,447 537,756,067 20 11,923 24,115 32,570 303,071,547 316,949,332 537,723,497 18 5,000,000 5,000,000 8,064,500 298,071,547 311,949,332 529,658,997 303,071,547 316,949,332 537,723,497 79
C (i) (ii) 2010 1 19 5,000,000 280,000,000 285,000,000 18,071,547 18,071,547 2,515,694 (2,515,694) 2010 12 31 5,000,000 280,000,000 2,515,694 15,555,853 303,071,547 13,877,785 13,877,785 1,433,297 (1,433,297) 2011 12 31 5,000,000 280,000,000 3,948,991 28,000,341 316,949,332 (9,225,835) (9,225,835) 4,797,293 12,135 (4,809,428) 3,064,500 226,935,500 230,000,000 2012 12 31 8,064,500 506,935,500 8,746,284 12,135 13,965,078 537,723,497 (i) (ii) 10% 50% 80
C 2010 1 19 2010 12 31 12 31 2011 2012 24,117,463 14,002,295 (9,225,835) 1,178,661 1,323,257 1,376,860 501,800 175,230 1,895,958 6,993,673 11,923 12,192 8,455 (1,464) (2,862) (29,714) 25,481,813 17,230,840 (374,761) (2,614,514) 1,004,080 931,134 (3,126,299) 1,742,056 (5,253,349) 1,077,915 (280,157) 2,876,078 4,957,371 3,420,938 (1,811,060) 25,776,286 23,117,757 (3,631,958) (15,102) (857,897) 25,776,286 23,102,655 (4,489,855) (311,496,298) (57,588,409) (14,351,421) (56,979,946) (117,451,111) (106,819,635) 33,077,238 66,877,156 109,932,685 (113,953,697) (94,097,920) 221,385 2,782,408 1,464 2,862 29,714 (335,397,542) (108,159,502) (216,256,481) 81
C 2010 1 19 2010 12 31 12 31 2011 2012 285,000,000 230,000,000 57,663,783 37,672,389 23,450,597 (175,230) (1,916,667) (8,911,960) 10,449,605 6,115,436 7,997,638 100,916,667 5,168,550 (45,771,040) (43,433,200) (16,953,251) (5,422,408) (6,000,000) (5,142,633) (7,975,230) (7,042,000) 309,742,348 85,379,395 220,569,303 121,092 322,548 (177,033) 121,092 443,640 121,092 443,640 266,607 82
C 1. Sarasin Trust Company Guernsey Limited Mohong Town, Jianglang Village 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 83
C 3. 84
C 85
C 86
C 87
C 4. 3 88
C 2010 12 31 2011 12 31 2012 12 31 310,317,637 356,093,498 381,496,346 12 3 2010 12 31 2011 12 31 2012 12 31 277,031,493 279,381,165 322,161,603 2010 12 31 2011 12 31 2012 12 31 277,031,493 279,381,165 322,161,603 5. (a) 12 31 2010 2011 2012 26,984,541 76,050,072 280,218,177 26,171,961 113,504,310 121,009,476 (b) 89
C (i) 15 19 (ii) (iii) 19 2010 12 31 2011 12 31 2012 12 31 (c) 90
C 6. 8 22(a) 7. 2010 1 19 2010 12 31 12 31 2011 2012 175,230 1,916,667 8,911,960 (20,709) (1,918,287) 175,230 1,895,958 6,993,673 8. 25% 91
C 2010 1 19 2010 12 31 12 31 2011 2012 24,117,463 14,002,295 (9,225,835) 25% (6,029,366) (3,500,574) 2,306,459 (16,550) (54,139) (97,165) (2,209,294) 3,430,203 (6,045,916) (124,510) 2012 12 31 8,836,000 2017 9. 2010 1 19 2010 12 31 12 31 2011 2012 11,794,925 9,220,679 13,579,835 (1,464) (2,862) (29,714) 501,800 12 1,178,661 1,323,257 1,376,860 4,766,047 5,053,095 4,342,232 26,897 69,083 76,972 4,792,944 5,122,178 4,419,204 10. 92
C 2010 1 19 2010 12 31 12 31 2011 2012 434,259 683,928 669,204 3,911 2,276 9,506 438,170 686,204 678,710 1,000,000 800,000 11. 93
C 12. 2010 1 19 881,418 277,927,715 3,136,235 600,600 354,742 28,595,588 311,496,298 2010 12 31 881,418 277,927,715 3,136,235 600,600 354,742 28,595,588 311,496,298 3,168,700 2,164,164 167,357 41,598,897 47,099,118 548,772 627,852 (1,176,624) 2011 12 31 1,430,190 281,096,415 5,928,251 600,600 522,099 69,017,861 358,595,416 4,056,773 8,723 22,714,212 26,779,708 250,652 43,352,536 63,759 (43,666,947) 2012 12 31 1,680,842 324,448,951 9,985,024 600,600 594,581 48,065,126 385,375,124 2010 1 19 30,505 896,222 83,639 153,145 15,150 1,178,661 2010 12 31 30,505 896,222 83,639 153,145 15,150 1,178,661 40,940 819,028 243,916 165,057 54,316 1,323,257 2011 12 31 71,445 1,715,250 327,555 318,202 69,466 2,501,918 53,080 572,098 615,532 76,413 59,737 1,376,860 2012 12 31 124,525 2,287,348 943,087 394,615 129,203 3,878,778 2010 12 31 850,913 277,031,493 3,052,596 447,455 339,592 28,595,588 310,317,637 2011 12 31 1,358,745 279,381,165 5,600,696 282,398 452,633 69,017,861 356,093,498 2012 12 31 1,556,317 322,161,603 9,041,937 205,985 465,378 48,065,126 381,496,346 15 35 5 15 5 10 3 94
C 2010 12 31 2011 12 31 2012 12 31 2012 12 31 2012 12 31 48,065,126 333,431,220 14.9% 5 13. 12 31 2010 2011 2012 410,872 577,196 2,203,642 1,033,238 679,300 2,614,514 1,610,434 679,300 14. 2012 12 31 2,070,000 15. 2010 12 31 2011 12 31 2012 12 31 0.35% 0.50% 95
C 16. 12 31 2010 2011 2012 0 90 1,077,915 797,758 1,935,720 91 180 1,422,430 181 365 308,441 365 7,245 1,077,915 797,758 3,673,836 90 17. 2010 12 31 2011 12 31 2012 12 31 3,779,638 7,200,085 18. 2010 1 19 2010 12 31 2011 12 31 5,000,000 3,064,500 2012 12 31 8,064,500 2010 1 19 5,000,000 2012 8 28 5,000,000 8,064,500 2012 9 230,000,000 3,064,500 226,935,500 19. 2010 12 31 2011 12 31 2012 12 31 2,400,000 100,939,075 99,065,625 7.97% 8.63% 96
C 20. 2010 1 19 11,923 2010 12 31 11,923 12,192 2011 12 31 24,115 8,455 2012 12 31 32,570 21. 19 97
C 22. (a) 2010 2011 2012 910,229 5,139,917 1,215,337 1,703,138 4,678,285 38,623,411 27,846,618 16,838,209 15,594,654 175,230 1,916,667 8,911,960 690,000 (b) 14 19 23. 12 31 2010 2011 2012 2,238,066 7,313,679 6,528,280 B. C. 2012 12 31 168 200 37 3702 2013 6 25 98
D 2012 12 31 2013 6 25 2008 7 3 3.340 99
D 2010 12 31 2011 12 31 2012 12 31 1 2012 12 31 218,522,444 1 1 1 100
D A. 12 31 2010 2011 2012 6 75,528,505 64,256,199 48,833,549 (40,633,863) (23,012,983) (21,372,408) 34,894,642 41,243,216 27,461,141 49,991 15,051 3,112,447 (7,372,959) (8,573,284) (8,301,369) 7 (5,956,758) (4,764,926) (12,882,584) 21,614,916 27,920,057 9,389,635 8 (4,975,973) (8,810,167) (4,923,164) 9 16,638,943 19,109,890 4,466,471 101
D 12 31 2010 2011 2012 12 147,817,295 297,713,957 308,867,205 19 48,166,688 19 78,796,827 147,817,295 297,713,957 435,830,720 13 6,097,612 4,406,078 11,219,294 14 620,000 2,600,000 33,946,391 15 4,580,805 4,242,279 4,363,900 19 13,276,322 19 16,197,695 18,828,456 3,917,789 16 24,868 16,416 648,382 27,520,980 43,369,551 54,095,756 17 393,747 3,348,943 6,806,683 18 3,163,484 20,976,486 16,498,794 19 10,144,521 33,956,664 31,439,252 19 123,926,758 97,725,000 106,143,000 19 14,127,460 217,580 100,941,622 4,975,973 10,032,074 10,788,849 156,731,943 166,256,747 272,618,200 (129,210,963) (122,887,196) (218,522,444) 18,606,332 174,826,761 217,308,276 20 105,495 187,162 324,479 19 102,896,022 109,405,584 18 14,000,000 10,500,000 105,495 117,083,184 120,230,063 18,500,837 57,743,577 97,078,213 21 12,000,000 12,000,000 20,339,000 6,500,837 45,743,577 76,739,213 18,500,837 57,743,577 97,078,213 102
D (i) (ii) 2010 1 1 12,000,000 (10,138,106) 1,861,894 16,638,943 16,638,943 39,295 (39,295) 2010 12 31 12,000,000 39,295 6,461,542 18,500,837 19,109,890 19,109,890 20,132,850 20,132,850 4,538,071 (4,538,071) 2011 12 31 12,000,000 4,577,366 41,166,211 57,743,577 4,466,471 4,466,471 (25,131,835) (25,131,835) 7,486,475 8,043 (7,494,518) 8,339,000 51,661,000 60,000,000 2012 12 31 20,339,000 51,661,000 12,063,841 8,043 13,006,329 97,078,213 (i) (ii) 10% 50% 103
D 12 31 2010 2011 2012 21,614,916 27,920,057 9,389,635 3,304,031 4,765,059 6,084,347 (2,579,567) 5,956,758 4,764,926 12,882,584 (7,611) (3,580) (6,967) 58,972 105,495 81,667 137,317 31,032,561 37,528,129 25,907,349 (620,000) (1,980,000) (31,346,391) (4,972,754) 1,691,534 (6,813,216) (2,507,820) 338,526 (121,621) (2,929,890) 2,955,196 3,457,740 2,642,067 6,047,705 3,787,605 22,644,164 46,581,090 (5,128,534) (3,754,066) (4,166,389) 22,644,164 42,827,024 (9,294,923) (65,721,215) (128,683,010) (23,457,914) (22,021,679) (66,871,760) (68,993,109) (40,793,035) (97,153,188) 8,745,357 22,397,402 52,795,414 38,162,274 20,298,752 7,611 3,580 6,967 (81,911,299) (144,586,513) (144,779,741) 104
D 12 31 2010 2011 2012 49,811,145 26,476,851 10,688 (5,956,758) (4,978,340) (14,927,562) 92,742,027 144,619,761 198,050,000 123,926,758 97,725,000 8,418,000 (123,926,758) (3,500,000) (86,907,067) (35,500,769) (90,816,396) (118,063,015) (2,664,708) (2,528,100) 60,000,000 55,553,090 101,751,037 154,706,630 (3,714,045) (8,452) 631,966 3,738,913 24,868 16,416 24,868 16,416 648,382 105
D 1. 41.3% 17.7% 40% Sarasin Trust Company Guernsey Limited 2012 12 31 218,522,444 (1) 2,500,000,000 (2) 400,000,000 12 12 (3) 2,400,000,000 50% 2013 5 24 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 106
D 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 3. 107
D 108
D 109
D 110
D 4. 3 111
D 2010 12 31 2011 12 31 2012 12 31 147,817,295 297,713,957 308,867,205 12 3 2010 12 31 2011 12 31 2012 12 31 30,060,502 55,512,204 102,674,638 2010 12 31 2011 12 31 2012 12 31 30,060,502 55,512,204 102,674,638 5. (a) 12 31 2010 2011 2012 17,811,637 34,987,316 166,251,821 149,071,591 267,214,636 376,353,998 112
D (b) (i) 16 18 19 (ii) (iii) 19 2012 12 31 218,522,444 113
D 1 1 5 2010 12 31 % 393,747 393,747 393,747 479,105 479,105 479,105 10,144,521 10,144,521 10,144,521 14,127,460 14,127,460 14,127,460 5.76 123,926,758 123,926,758 123,926,758 149,071,591 149,071,591 149,071,591 1 1 5 2011 12 31 % 3,348,943 3,348,943 3,348,943 1.20 15,108,927 3,542,000 10,626,000 29,276,927 29,070,427 33,956,664 33,956,664 33,956,664 8.625 97,725,000 97,725,000 97,725,000 6.15 217,580 119,775,531 119,993,111 103,113,602 150,357,114 3,542,000 130,401,531 284,300,645 267,214,636 1 1 5 2012 12 31 % 6,806,683 6,806,683 6,806,683 1.20 11,156,357 3,542,000 7,084,000 21,782,357 21,617,857 31,439,252 31,439,252 31,439,252 8.625 106,143,000 106,143,000 106,143,000 6.15 100,941,622 119,775,531 220,717,153 210,347,206 256,486,914 3,542,000 126,859,531 386,888,445 376,353,998 114
D (c) 6. 8 24(a) 10% 12 31 2010 2011 2012 A * * 12,579,865 B 17,469,983 16,434,144 * * 10% 7. 12 31 2010 2011 2012 5,956,758 1,725,000 8,418,000 3,253,340 6,509,562 5,956,758 4,978,340 14,927,562 (213,414) (2,044,978) 5,956,758 4,764,926 12,882,584 115
D 8. 12 31 2010 2011 2012 (4,975,973) (8,814,525) (4,923,164) 4,358 (4,975,973) (8,810,167) (4,923,164) 25% 12 31 2010 2011 2012 21,614,916 27,920,057 9,389,635 25% (5,403,729) (6,980,014) (2,347,409) (167,156) (1,239,599) (3,220,647) 644,892 4,358 594,912 (594,912) (4,975,973) (8,810,167) (4,923,164) 9. 12 31 2010 2011 2012 40,633,863 23,012,983 21,372,408 3,304,031 4,765,059 6,084,347 20 105,495 81,667 137,317 58,972 14,867,349 8,198,238 9,466,579 949,849 204,030 784,917 15,817,198 8,402,268 10,251,496 (7,611) (3,580) (6,967) (2,579,567) 116
D 10. 12 31 2010 2011 2012 387,784 513,462 303,887 1,731 574 761 389,515 514,036 304,648 1,000,000 800,000 11. 117
D 12. 2010 1 1 6,011,764 10,241,570 39,820,076 3,366,237 28,063,972 87,503,619 184,959 4,744,084 839,042 108,751 59,844,379 65,721,215 355,471 20,063,972 (20,419,443) (75,285) (75,285) 2010 12 31 6,552,194 30,305,542 44,564,160 839,042 3,399,703 67,488,908 153,149,549 25,640,000 28,139,061 647,439 100,235,221 154,661,721 876,002 4,344,607 (5,220,609) 2011 12 31 7,428,196 55,945,542 77,047,828 839,042 4,047,142 162,503,520 307,811,270 209,194 3,491,298 47,873 13,489,230 17,237,595 7,283,750 47,172,651 286,863 (54,743,264) 2012 12 31 14,711,946 103,327,387 80,825,989 839,042 4,095,015 121,249,486 325,048,865 2010 1 1 133,062 1,623,314 288,160 2,044,536 174,230 245,040 2,680,175 100,544 104,042 3,304,031 (16,313) (16,313) 2010 12 31 307,292 245,040 4,303,489 100,544 375,889 5,332,254 199,673 188,298 3,959,160 135,645 282,283 4,765,059 2011 12 31 506,965 433,338 8,262,649 236,189 658,172 10,097,313 389,923 219,411 5,016,128 135,645 323,240 6,084,347 2012 12 31 896,888 652,749 13,278,777 371,834 981,412 16,181,660 2010 12 31 6,244,902 30,060,502 40,260,671 738,498 3,023,814 67,488,908 147,817,295 2011 12 31 6,921,231 55,512,204 68,785,179 602,853 3,388,970 162,503,520 297,713,957 2012 12 31 13,815,058 102,674,638 67,547,212 467,208 3,113,603 121,249,486 308,867,205 15 35 5 15 5 10 10 118
D 2010 12 31 2011 12 31 2012 12 31 2012 12 31 2012 12 31 121,249,486 187,617,719 14.9% 5 13. 12 31 2010 2011 2012 752,038 2,448,516 10,678,231 5,345,574 1,957,562 541,063 6,097,612 4,406,078 11,219,294 14. 12 31 2010 2011 2012 33,946,391 620,000 2,600,000 620,000 2,600,000 33,946,391 90 90 120 90 180 119
D 12 31 2010 2011 2012 0 90 620,000 2,600,000 33,946,391 30 15. 2012 12 31 540,000 16. 2010 12 31 2011 12 312012 12 31 0.35% 0.50% 17. 12 31 2010 2011 2012 0 90 386,987 2,348,843 2,872,206 91 180 785,600 1,693,475 181 365 6,760 1,240,162 365 214,500 1,000,840 393,747 3,348,943 6,806,683 90 18. 2010 12 31 8,265,297 2012 12 31 17,500,000 2012 2016 2012 12 31 14,000,000 2013 2016 120
D 12 31 2010 2011 2012 3,500,000 3,500,000 14,000,000 10,500,000 17,500,000 14,000,000 19. 2010 12 31 123,926,758 5.76% 2011 12 31 102,896,022 6.15% 97,725,000 8.625% 2012 12 31 48,166,688 78,796,827 6.15% 2012 12 31 109,405,584 6.15% 106,143,000 8.625% 20. 2010 1 1 105,495 2010 12 31 105,495 81,667 2011 12 31 187,162 137,317 2012 12 31 324,479 121
D 21. 2010 1 1 2010 2011 12 31 12,000,000 8,339,000 2012 12 31 20,339,000 2012 8 28 12,000,000 20,339,000 2012 9 60,000,000 8,339,000 51,661,000 22. 19 23. 12 31 2010 2011 2012 75,736,678 35,648,330 52,095,495 122
D 24. (a) 2010 2011 2012 37,463,460 22,389,379 26,256,805 2,536,836 270,000 5,956,758 1,725,000 8,418,000 296,906 498,586 3,463,780 53,327,832 20,001,926 31,151,568 3,253,340 6,509,562 (b) 15 19 B. C. 2012 12 31 168 200 37 3702 2013 6 25 123
E 2010 2 3 2010 12 31 2012 12 31 2013 6 25 2010 2 3 3.340 124
E 2010 12 31 2011 12 31 2012 12 31 1 2012 12 31 260,761,810 1 1 1 125
E A. 2010 2 3 2010 12 31 12 31 2011 2012 6 47,781,977 35,326,496 34,255,843 (18,262,189) (13,514,277) (18,265,460) 29,519,788 21,812,219 15,990,383 128,147 4,528,768 8,607,941 (1,600,772) (3,092,079) (8,460,652) 7 (9,202,453) (18,433,614) (29,430,627) 18,844,710 4,815,294 (13,292,955) 8 (6,875,393) (5,186,894) (2,356,857) 9 11,969,317 (371,600) (15,649,812) 126
E 12 31 2010 2011 2012 12 434,256,969 538,300,059 598,936,675 13 22,623,118 19 43,557,544 75,302,402 142,453,214 500,437,631 613,602,461 741,389,889 14 4,987,415 2,005,265 2,192,887 15 4,564,715 33,119,554 6,422,381 19 16,000 19 1,502,400 12,441,259 45,955,198 16 319,910 44,757 10,401,360 11,374,440 47,610,835 64,987,826 17 39,369 1,577,683 5,271,044 18 9,585,169 10,048,719 34,419,713 19 37,843,576 250,912,627 266,431,376 19 10,254,400 5,676,800 5,676,800 19 174,075,374 100,439,102 1,986,257 6,862,145 12,001,443 11,964,446 238,660,033 380,656,374 325,749,636 (227,285,593) (333,045,539) (260,761,810) 273,152,038 280,556,922 480,628,079 21 108,984 125,290 145,366 19 206,250,013 219,844,182 337,525,507 206,358,997 219,969,472 337,670,873 66,793,041 60,587,450 142,957,206 20 10,000,000 10,000,000 16,949,200 56,793,041 50,587,450 126,008,006 66,793,041 60,587,450 142,957,206 127
E i ii 2010 2 3 10,000,000 10,000,000 11,969,317 11,969,317 57,493,494 57,493,494 (12,669,770) (12,669,770) 2010 12 31 10,000,000 56,793,041 66,793,041 (371,600) (371,600) (5,833,991) (5,833,991) 751,592 373,153 (1,124,745) 2011 12 31 10,000,000 751,592 373,153 49,462,705 60,587,450 (15,649,812) (15,649,812) 20,220,033 20,220,033 (12,200,465) (12,200,465) 10,384,739 15,366 (10,400,105) 6,949,200 83,050,800 90,000,000 2012 12 31 16,949,200 83,050,800 11,136,331 388,519 31,432,356 142,957,206 (i) (ii) 10% 50% 128
E 2010 2 3 2010 12 31 12 31 2011 2012 18,844,710 4,815,294 (13,292,955) 1,335,157 1,640,189 2,334,405 108,984 16,306 20,076 (128,147) (1,657,840) (1,840,365) 9,202,453 18,433,614 29,430,627 (2,870,928) (6,767,576) 29,363,157 20,376,635 9,884,212 (4,987,415) 2,982,150 (187,622) (4,564,715) (5,931,721) 4,074,055 39,369 1,538,314 3,693,361 7,085,169 2,463,550 (7,629,006) 26,935,565 21,428,928 9,835,000 (13,248) (47,596) (2,393,854) 26,922,317 21,381,332 7,441,146 (433,092,126) (105,644,652) (26,714,482) (22,623,118) 22,623,118 (58,370,109) (76,800,358) (128,628,957) 640,395 31,153,578 22,531,317 (16,000) 128,147 1,657,840 1,840,365 (513,316,811) (149,633,592) (108,364,639) 129
E 2010 2 3 2010 12 31 12 31 2011 2012 10,000,000 90,000,000 67,843,576 231,069,051 92,160,014 10,254,400 5,400,000 463,969,316 105,684,012 146,003,372 (30,000,000) (18,000,000) (76,641,265) (9,977,600) (34,742,936) (179,320,284) (124,162,011) (609,952) (6,878,072) (16,080,014) 486,714,404 127,977,107 111,280,096 319,910 (275,153) 10,356,603 319,910 44,757 319,910 44,757 10,401,360 130
E 1. 47.2% 11.8% 41% Sarasin Trust Company Guernsey Limited 2012 12 31 260,761,810 (1) 2,500,000,000 (2) 400,000,000 12 12 (3) 2,400,000,000 50% 2013 5 24 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 131
E 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 3. 132
E 133
E 134
E 135
E 4. 3 136
E 2010 12 31 2011 12 312012 12 31 434,256,969 538,300,059 598,936,675 12 3 2010 12 31 2011 12 31 2012 12 31 404,667,227 404,901,106 522,010,359 2010 12 31 2011 12 31 2012 12 31 404,667,227 404,901,106 522,010,359 137
E 5. (a) 12 31 2010 2011 2012 72,274,019 117,272,261 200,236,666 430,998,779 579,083,685 650,150,198 (b) (i) 16 15 19 (ii) 138
E (iii) 19 2012 12 31 260,761,810 1 1 5 2010 12 31 % 39,369 39,369 39,369 2,536,047 2,536,047 2,536,047 3.89 37,843,576 37,843,576 37,843,576 3.66 174,075,374 255,151,006 429,226,380 380,325,387 10,254,400 10,254,400 10,254,400 224,748,766 255,151,006 479,899,772 430,998,779 1 1 5 2011 12 31 % 1,577,683 1,577,683 1,577,683 633,291 633,291 633,291 4.81 250,912,627 250,912,627 250,912,627 5,676,800 5,676,800 5,676,800 4.41 100,439,102 255,151,006 355,590,108 320,283,284 359,239,503 255,151,006 614,390,509 579,083,685 139
E 1 1 5 2012 12 31 % 5,271,044 5,271,044 5,271,044 33,259,214 33,259,214 33,259,214 6.34 266,431,376 266,431,376 266,431,376 5,676,800 5,676,800 5,676,800 6.12 1,986,257 255,151,006 120,294,207 377,431,470 339,511,764 312,624,691 255,151,006 120,294,207 688,069,904 650,150,198 (c) 6. 8 24(a) 140
E 7. 2010 2 3 2010 12 31 12 31 2011 2012 609,952 6,878,072 16,080,014 8,592,501 13,594,169 17,607,152 9,202,453 20,472,241 33,687,166 (2,038,627) (4,256,539) 9,202,453 18,433,614 29,430,627 8. 25% 2010 2 3 2010 12 31 12 31 2011 2012 18,844,710 4,815,294 (13,292,955) 25% 4,711,178 1,203,824 (3,323,238) 2,164,215 3,496,541 4,416,116 (717,732) (1,691,894) 1,204,261 2,955,873 6,875,393 5,186,894 2,356,857 141
E 9. 2010 2 3 2010 12 31 12 31 2011 2012 18,262,189 13,514,277 18,265,460 12 1,335,157 1,640,189 2,334,405 21 108,984 16,306 20,076 9,932,497 5,345,321 9,822,734 (5,029) (5,371) (13,503) (123,118) (1,652,469) (1,826,862) (2,870,928) (6,767,576) 10. 2010 2 3 2010 12 31 12 31 2011 2012 596,910 663,078 694,596 6,831 4,340 4,034 603,741 667,418 698,630 1,000,000 800,000 142
E 11. 12. 2010 2 3 1,615,708 405,552,915 7,811,963 947,186 202,872 19,461,482 435,592,126 2010 12 31 1,615,708 405,552,915 7,811,963 947,186 202,872 19,461,482 435,592,126 960,000 4,776,983 146,501 99,799,795 105,683,279 2011 12 31 1,615,708 406,512,915 12,588,946 947,186 349,373 119,261,277 541,275,405 40,000,000 4,557,728 17,899 18,395,394 62,971,021 2,545,195 78,088,595 1,852,507 16,932 (82,503,229) 2012 12 31 4,160,903 524,601,510 18,999,181 947,186 384,204 55,153,442 604,246,426 2010 2 3 49,595 885,688 277,472 98,547 23,855 1,335,157 2010 12 31 49,595 885,688 277,472 98,547 23,855 1,335,157 66,090 726,121 666,551 149,988 31,439 1,640,189 2011 12 31 115,685 1,611,809 944,023 248,535 55,294 2,975,346 106,541 979,342 1,058,234 150,480 39,808 2,334,405 2012 12 31 222,226 2,591,151 2,002,257 399,015 95,102 5,309,751 2010 12 31 1,566,113 404,667,227 7,534,491 848,639 179,017 19,461,482 434,256,969 2011 12 31 1,500,023 404,901,106 11,644,923 698,651 294,079 119,261,277 538,300,059 2012 12 31 3,938,677 522,010,359 16,996,924 548,171 289,102 55,153,442 598,936,675 15 35 5 15 5 10 143
E 8 2010 12 31 2011 12 31 2012 12 31 2012 12 31 2012 12 31 55,153,442 543,783,233 14.9% 5 13. 2012 8% 2011 11 31 2012 14. 12 31 2010 2011 2012 1,721,282 4,987,415 2,005,265 471,605 4,987,415 2,005,265 2,192,887 15. 2012 12 31 2,070,000 144
E 16. 2010 12 31 2011 12 31 2012 12 31 0.35% 0.50% 17. 12 31 2010 2011 2012 0 90 39,369 1,577,483 1,490,784 91 180 200 3,494,814 181 365 285,246 365 200 39,369 1,577,683 5,271,044 90 18. 2010 12 31 2011 12 31 2012 12 31 2,500,000 500,000 32,500,000 5,026,795 8,236,561 245,934 19. 2010 12 31 2011 12 31 2012 12 31 43,557,544 75,302,402 142,453,214 6.15% 2010 12 31 2011 12 31 2012 12 31 206,250,013 219,844,182 337,525,507 2010 12 31 2011 12 31 2012 12 31 23,361,080 191,618,710 266,431,376 6.3% 6.15% 20. 2010 2 3 2010 2011 12 31 10,000,000 6,949,200 2012 12 31 16,949,200 145
E 2010 2 3 10,000,000 2012 8 28 10,000,000 16,949,200 2012 9 90,000,000 6,949,200 83,050,800 21. 2010 2 3 108,984 2010 12 31 108,984 16,306 2011 12 31 125,290 20,076 2012 12 31 145,366 22. 19 23. 12 31 2010 2011 2012 8,303,764 5,085,916 4,712,844 146
E 24. (a) 2010 2 3 2010 12 31 12 31 2011 2012 47,781,977 34,858,361 34,255,843 609,952 6,878,072 16,080,014 270,000 (b) 19 B. C. 2012 12 31 168 200 37 3702 2013 6 25 147
F 2012 12 31 2013 6 25 2009 4 29 3.340 148
F 2010 12 31 2011 12 31 2012 12 31 1 2012 12 31 111,540,195 1 1 1 149
F A. 12 31 2010 2011 2012 6 75,729,382 150,054,547 96,619,008 (20,653,498) (36,268,972) (36,970,582) 55,075,884 113,785,575 59,648,426 370,197 2,870,890 8,231,211 (6,780,758) (9,845,825) (10,278,173) 7 (3,591,684) (215,999) 45,073,639 106,810,640 57,385,465 8 (11,500,243) (26,115,309) (12,536,073) 9 33,573,396 80,695,331 44,849,392 150
F 12 31 2010 2011 2012 12 440,936,108 564,901,924 621,228,465 19 41,506,118 77,701,535 180,764,908 482,442,226 642,603,459 801,993,373 13 3,172,590 4,296,391 794,289 14 6,238,819 10,718,357 14,210,375 19 143,957 1,587,311 33,067,828 15 171,885 1,303,709 56,747 9,727,251 17,905,768 48,129,239 16 692,567 2,706,344 5,434,115 17 11,285,704 14,787,950 5,399,844 19 73,245,420 14,502,502 119,655,743 19 73,309,468 209,994,480 2,506,647 13,025,533 23,808,370 26,673,085 171,558,692 265,799,646 159,669,434 (161,831,441) (247,893,878) (111,540,195) 320,610,785 394,709,581 690,453,178 20 164,013 267,049 320,610,785 394,545,568 690,186,129 18 42,000,000 42,000,000 67,741,900 278,610,785 352,545,568 622,444,229 320,610,785 394,545,568 690,186,129 151
F (i) (ii) 2010 1 1 42,000,000 252,800,000 4,246,405 299,046,405 33,573,396 33,573,396 (12,009,016) (12,009,016) 6,611,838 893,153 (7,504,991) 2010 12 31 42,000,000 252,800,000 6,611,838 893,153 18,305,794 320,610,785 80,695,331 80,695,331 (6,760,548) (6,760,548) 14,721,041 381,573 (15,102,614) 2011 12 31 42,000,000 252,800,000 21,332,879 1,274,726 77,137,963 394,545,568 44,849,392 44,849,392 25,741,900 244,258,100 270,000,000 (19,208,831) (19,208,831) 12,750,475 30,000 (12,780,475) 2012 12 31 67,741,900 497,058,100 34,083,354 1,304,726 89,998,049 690,186,129 (i) (ii) 10% 50% 152
F 12 31 2010 2011 2012 45,073,639 106,810,640 57,385,465 2,886,824 3,566,671 4,121,545 164,013 103,036 (220,192) (2,735,715) (7,993,904) (2,380) (4,836) (68,527) 3,591,684 215,999 51,329,575 107,800,773 53,763,614 (970,763) (1,123,801) 3,502,102 (822,963) (4,479,538) (3,492,018) (217,968) 2,013,777 2,727,771 3,786,366 3,502,246 (9,388,106) 53,104,247 107,713,457 47,113,363 (2,908,913) (15,332,472) (9,671,358) 50,195,334 92,380,985 37,442,005 (104,812,997) (127,431,882) (60,009,736) (92,517,285) (171,258,082) (379,420,074) 57,032,125 129,594,478 233,661,257 2,380 4,836 68,527 (140,295,777) (169,090,650) (205,700,026) 153
F 12 31 2010 2011 2012 73,245,420 10,099,605 193,745,806 157,210,080 291,251,703 12,311,882 (68,842,523) (88,592,565) (136,663,549) (154,566,691) (219,799,715) 270,000,000 (3,591,684) (100,605) (654,349) 90,200,267 77,841,489 167,011,059 99,824 1,131,824 (1,246,962) 72,061 171,885 1,303,709 171,885 1,303,709 56,747 154
F 1. Sarasin Trust Company Guernsey Limited 2012 12 31 111,540,195 (1) 2,500,000,000 (2) 400,000,000 12 12 (3) 2,400,000,000 50% 2013 5 24 2. 2012 1 1 2009 2011 2 7 2 7 9 9 4 10 11 12 2 10 12 3 27 9 4 10 2 11 2 12 2 13 2 19 2 27 2 28 2 1 1 32 3 36 3 20 2 21 3 155
F 1 2012 7 1 2 2013 1 1 3 2014 1 1 4 2015 1 1 3. 156
F 157
F 158
F 159
F 4. 3 2010 12 31 2011 12 31 2012 12 31 440,936,108 564,901,924 621,228,465 12 3 160
F 2010 12 31 2011 12 31 2012 12 31 313,428,791 341,969,223 507,120,083 2010 12 31 2011 12 31 2012 12 31 313,428,791 341,969,223 507,120,083 5. (a) 12 31 2010 2011 2012 42,379,081 85,097,135 220,874,178 149,129,090 229,172,639 129,178,188 161
F (b) (i) 15 19 (ii) (iii) 19 2012 12 31 111,540,195 2010 12 31 2011 12 31 2012 12 31 162
F (c) 6. 8 22(a) 7. 12 31 2010 2011 2012 3,591,684 100,605 654,349 (100,605) (438,350) 3,591,684 215,999 8. 2010 2011 2012 (11,500,243) (26,311,638) (12,604,390) 196,329 68,317 (11,500,243) (26,115,309) (12,536,073) 25% 163
F 12 31 2010 2011 2012 45,073,639 106,810,640 57,385,465 25% (11,268,410) (26,702,660) (14,346,366) (286,881) (292,907) (256,500) 55,048 683,929 1,998,476 196,329 68,317 (11,500,243) (26,115,309) (12,536,073) 9. 12 31 2010 2011 2012 20,653,498 36,268,972 36,970,582 12 2,886,824 3,566,671 4,121,545 9,762,458 15,356,395 14,724,184 170,428 790,588 870,876 9,932,886 16,146,983 15,595,060 (2,380) (4,836) (68,527) (220,192) (2,735,715) (7,993,904) 10. 12 31 2010 2011 2012 694,596 663,078 596,910 4,034 4,340 6,831 698,630 667,418 603,741 1,000,000 800,000 164
F 11. 12. 2010 1 1 855,689 298,944,000 3,026,190 1,900,138 149,860 34,808,154 339,684,031 74,419 17,066,700 3,546,979 302,982 1,868,218 81,953,699 104,812,997 383,000 (383,000) 2010 12 31 1,313,108 316,010,700 6,573,169 2,203,120 2,018,078 116,378,853 444,497,028 30,465,200 3,655,128 6,446,136 86,966,023 127,532,487 2011 12 31 1,313,108 346,475,900 10,228,297 2,203,120 8,464,214 203,344,876 572,029,515 240,000 2,130,353 58,077,733 60,448,086 5,631,784 166,864,046 346,623 (172,842,453) 2012 12 31 6,944,892 513,579,946 12,705,273 2,203,120 8,464,214 88,580,156 632,477,601 2010 1 1 39,487 437,931 107,168 85,187 4,323 674,096 4,161 2,143,978 320,936 339,636 78,113 2,886,824 2010 12 31 43,648 2,581,909 428,104 424,823 82,436 3,560,920 47,751 1,924,768 590,929 363,765 639,458 3,566,671 2011 12 31 91,399 4,506,677 1,019,033 788,588 721,894 7,127,591 145,432 1,953,186 843,004 363,784 816,139 4,121,545 2012 12 31 236,831 6,459,863 1,862,037 1,152,372 1,538,033 11,249,136 2010 12 31 1,269,460 313,428,791 6,145,065 1,778,297 1,935,642 116,378,853 440,936,108 2011 12 31 1,221,709 341,969,223 9,209,264 1,414,532 7,742,320 203,344,876 564,901,924 2012 12 31 6,708,061 507,120,083 10,843,236 1,050,748 6,926,181 88,580,156 621,228,465 165
F 15 35 5 15 5 10 7 8 2012 12 31 2012 12 31 88,580,156 532,648,309 14.9% 5 13. 12 31 2010 2011 2012 3,172,590 4,296,391 794,289 14. 2012 12 31 2,430,000 15. 2010 12 31 2011 12 312012 12 31 0.35% 0.50% 166
F 16. 12 31 2010 2011 2012 0 90 692,567 2,646,664 3,174,523 91 180 837,677 181 365 24,330 1,112,479 365 35,350 309,436 692,567 2,706,344 5,434,115 90 17. 2010 12 31 2011 12 31 2012 12 31 7,408,937 10,247,925 1,788,749 18. 2010 1 1 2010 2011 2012 12 31 42,000,000 25,741,900 2012 12 31 67,741,900 2012 8 28 42,000,000 67,741,900 2012 9 270,000,000 25,741,900 244,258,100 19. 2010 12 31 2011 12 31 2012 12 31 41,506,118 77,701,535 180,764,908 6.15% 6.40% 2010 12 31 2011 12 31 2012 12 31 73,245,420 5,099,605 5,182,248 6.372% 8.63% 167
F 20. 2010 1 1 2010 12 31 164,013 2011 12 31 164,013 103,036 2012 12 31 267,049 21. 19 22. (a) 2010 2011 2012 6,849,722 31,914,961 34,560 75,529,382 141,807,832 96,619,008 3,591,684 100,605 654,349 810,000 (b) 14 19 168
F 23. 12 31 2010 2011 2012 37,727,366 28,286,448 27,569,377 B. C. 2012 12 31 168 200 37 3702 2013 6 25 169
G 2010 6 21 2010 12 31 2012 12 31 2013 6 25 2010 6 21 3.340 170
G 2010 12 31 2011 12 31 2012 12 31 1 2012 12 31 137,247,359 1 1 1 171
G A. 2010 6 21 2010 12 31 12 31 2011 2012 6 67,878,588 55,978,079 43,189,891 (24,962,046) (25,431,441) (20,805,261) 42,916,542 30,546,638 22,384,630 6,941 2,524,174 6,502,009 (3,062,680) (5,529,667) (9,245,121) 7 (801,810) (6,260,348) (10,960,831) 39,058,993 21,280,797 8,680,687 8 (9,784,617) (314,863) (3,313,524) 9 29,274,376 20,965,934 5,367,163 172