Kaisa Group Holdings Ltd. 佳兆業集團控股有限公司 於開曼群島註冊成立的有限公司 股份代號 1638 2 018 僅供識別 Interim Report 2018 中期報告 中期報告 (Incorporated in the Cayman Islands with limited liability) Stock Code: 1638 INTERIM REPORT 2 018 For identification purposes only
2 4 8 16 36 40 41 43 45 46 47 101
Cricket Square Hutchins Drive PO Box 2681 Grand Cayman, KY1-1111 Cayman Islands 3306 8 20 2001 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road George Town Grand Cayman, KY1-1110 Cayman Islands 2
Harney Westwood & Riegels 1638 http://www.kaisagroup.com 3
15,027.8 4,736.575.0% 65.7%1,704.1 28.1 3 41.96.8% 77,143 3.3% 12.8 6.6913.2% 8.3 3.54 1.9 4
12.7% 253.2 10.6% 17,880 55%37% 650 8 43 5,371.5141,088,772 4,934 22.257.0% 5
AA+ 108.08.5%67.59.375% 26,286.5 6
A1 7
15,027.875.0% 1,704.19.9% 66.0%1,884.7 28.1 36.8 3 25,31912.7% 1,416,0531.9% 10.6%17,880 559,012 14,045 195,069 4,402 146,568 2,170 288,097 2,758 227,307 1,944 1,416,053 25,319 8
1.0 479.0 25.4 40 20 1,422,656570,183 35 8 145,371.5 4,934 1,088,772 9
22.257.0% 50% 132,397 86,058 867.0 90% 34,129 144,081 2,015.0 36% 61,234 16,798 112.1 51% 36,576 27,979 133.8 49% 32,484 23,876 87.7 30% 15,086 11,767 82.4 100% 104,964 278,192 267.7 100% 31,666 37,999 213.6 100% 39,063 60,553 168.7 100% 44,590 80,262 398.1 100% 39,389 98,472 251.7 51% 50,054 81,943 225.4 100% 41,150 104,392 232.3 72% 5,992 36,400 316.0 668,774 1,088,772 5,371.5 10
(i) (ii) (iii) (iv)(v) (vi) (vii) 8,586.8 75.0% 15,027.8 93.1% 91.6% 6.9% 8.4% 7,867.4 13,984.8 6,117.477.8% 125.7 126.4 0.70.6% 172.6 201.8 29.216.9% 45.4 105.460.0132.2% 99.8 7.47.4% 107.2 249.5 113.145.3% 362.6 11
4,736.5 31.5% 2,858.6 33.3% 115.7 480.2 357.6 142.7103.5 21.2 391.0130.0 450.030.3 22.2 17.89.8 1,994.9 262.1 361.3 99.237.8% 788.0 1,402.0 614.077.9% 12
134.8 1,320.4 321.8 13.0 624.0 611.04,716.0%419.2 432.3 1,429.5 2,340.5 911.0 63.7% 2,232.1 2,245.61,803.9 1,791.6 13
26,286.5 21,170.224.2% 10,097.67,939.6 330.0 108.067.5 2,325,000 460,000 325,000 1,255,000 3,119,000 330,000 (108,000) (67,500) 2,325,000 790,000 325,000 1,147,000 3,051,500 109,621.718,304.9 23,152.745,009.323,154.8 38.8%42.2% 69,956.0 0.5%70,290.1 1.0 1.4 1.8 14
4,778.5 1,796.060.2% 546.7 289.0 34,016.1 1,961.1 794.0 1,332.1 30,013.8 30,094.9 (i)(ii) 13,32012,810 848.6 15
(1) 1 2 3 (2) 4 5 6 7 8 9 10 (2) 11 12 (2) 13 14 15 16 (3) 17 8 18 19 (3) 20 21 22 (2)(3) 23 E (3) 24 25 26 (2) 191 27 78 16
1 1-8 160,514 580,135 580,135 100% 2 1-7 185,724 735,299 735,299 100% 3 5,966 98,241 98,241 100% 4 1-5 182,064 388,626 388,626 100% 5 57,984 143,796 143,796 100% 6 1-4 102,439 394,663 394,663 100% 7 9,066 105,830 105,830 100% 8 45,829 231,572 231,572 100% 9 1 14,411 142,000 142,000 100% 10 1-4 5,241 124,479 124,479 100% 11 1-4 179,642 1,084,854 825,271 259,583 100% 12 1-4 19,393 138,892 138,892 100% 13 1-2 48,256 186,466 186,466 100% 14 1-2 47,890 165,455 165,455 100% 15 1-3 170,311 694,042 100,211 225,635 368,196 100% 16 1-4 869,838 516,400 50,000 466,400 51% 17 1 34,449 77,834 77,834 100% 18 1-2 49,582 295,749 295,749 51% 19 1-2 168,430 475,000 289,041 185,959 100% 20 1-2 48,773 279,003 159,453 119,550 100% 21 1 25,966 51,930 51,930 100% 22 1 5,992 50,556 50,556 72% 23 1 34,129 160,870 160,870 90% 24 1 103,739 269,159 269,159 24% 25 2 44,731 268,380 268,380 24% 26 1-9 14,192 233,322 233,322 100% 27 7,106 117,522 117,522 100% 17
(1) 28 99 29 555 30 31 20 32 49 33 3889 34 35 151 36 71 37 38 39 40 169 41 (3) 97 42 43 44 45 46 47 48 49 (3) 50 (3) 51 (3) 52 53 18 54 (4) 55 18
28 7,707 56,666 56,666 100% 29 1 15,178 86,138 86,138 49% 30 1-2 65,627 230,577 230,577 49% 31 19,671 80,854 80,854 49% 32 1-4 190,742 776,318 333,178 443,140 49% 33 1-3 321,261 547,995 370,358 177,637 49% 34 1-3 78,644 315,343 315,343 70% 35 1 3,038 16,182 16,182 100% 36 1 7,759 29,383 29,383 100% 37 1-5 71,200 234,422 234,422 100% 38 1-4 32,819 98,021 98,021 100% 39 1-9 197,584 645,921 379,714 257,718 8,489 49% 40 14,406 101,398 101,398 49% 41 15,271 61,000 61,000 100% 42 82,742 377,481 377,481 100% 43 1 86,324 243,296 243,296 100% 44 1 70,734 200,386 200,386 80% 45 1-2 46,474 155,432 155,432 100% 46 1-4 239,050 717,084 217,023 158,773 341,288 100% 47 1-4 65,021 150,772 150,772 100% 48 1-2 33,910 109,180 109,180 100% 49 5,567 10,131 10,131 100% 50 62,802 155,693 155,693 85% 51 64,743 202,294 202,294 90% 52 1-10 89,998 260,577 260,577 100% 53 1-3 70,859 722,945 722,945 100% 54 20,400 61,200 61,200 100% 55 1-13 1,663,969 4,326,239 1,078,406 926,079 2,321,754 100% 19
(1) 56 57 58 (3) 59 (3) 60 (3) 61 62 63 3 64 1 65 66 (3) 67 68 69 70 8 71 1 2 72 73 74 (3) 75 39 76 308 77 78 79 80 81 82 20
56 1-3 169,331 354,660 354,660 100% 57 1-5 289,186 642,616 223,165 419,451 51% 58 1-4 176,724 441,810 441,810 100% 59 1-4 387,335 630,000 630,000 70% 60 1-4 164,354 550,431 207,488 157,929 185,014 100% 61 1-4 192,710 316,037 166,728 149,309 100% 62 16,088 28,958 28,958 100% 63 1 21,061 69,794 69,794 100% 64 1 22,307 82,397 82,397 80% 65 1-2 61,873 248,500 248,500 80% 66 1-2 78,452 159,025 159,025 100% 67 1-3 182,666 1,041,531 1,041,531 100% 68 1 150,071 761,542 761,542 100% 69 1-2 133,269 362,420 362,420 100% 70 1-5 120,570 633,275 342,647 290,628 100% 71 1-4 112,194 460,901 460,901 100% 72 1-2 57,528 342,533 342,533 100% 73 1-2 113,411 447,537 191,408 256,129 100% 74 1-4 104,961 278,191 278,191 100% 75 1-2 29,541 116,634 116,634 100% 76 1-3 256,187 813,746 813,746 100% 77 1-3 119,767 481,362 392,985 88,377 100% 78 1-10 324,327 989,399 388,770 447,292 153,337 100% 79 56,788 141,945 141,945 100% 80 1 21,423 292,331 292,331 100% 81 1 12,947 38,844 38,844 100% 82 1-2 220,669 593,302 347,000 137,056 109,246 100% 21
(1) 83 84 85 86 (2) 87 88 1 89 (3) 90 91 92 93 94 95 271 96 97 (3) 98 (3) 99 100 101 102 103 (3) 104 105 106 336 107 108 109 22
83 1-2 71,922 233,745 233,745 100% 84 1-3 248,296 375,911 232,061 3,850 140,000 100% 85 1-4 129,739 389,216 133,214 160,773 95,229 100% 86 1-2 11,238 85,148 85,148 100% 87 1 122,200 324,480 324,480 100% 88 1-2 52,812 355,786 255,432 31,905 68,449 100% 89 1-8 1,367,932 2,161,833 566,091 841,843 753,899 100% 90 1-2 128,018 131,112 131,112 100% 91 1-3 229,865 391,418 179,701 211,717 100% 92 1-4 133,340 331,542 160,285 95,952 75,305 100% 93 1-10 372,427 309,114 192,875 78,619 37,620 100% 94 1-2 26,610 156,239 78,619 77,620 100% 95 15,955 78,454 78,454 100% 96 1 41,150 104,392 104,392 100% 97 1 36,576 54,860 54,860 51% 98 1 32,484 48,726 48,726 49% 99 1-4 673,536 938,203 938,203 100% 100 21,770 108,731 108,731 100% 101 1-8 253,693 894,104 411,930 482,174 100% 102 1-3 222,182 597,728 597,728 100% 103 1 50,054 160,673 160,673 51% 104 1-3 181,493 605,941 605,941 100% 105 40,351 156,763 156,763 100% 106 1 26,861 143,162 143,162 100% 107 1-2 128,539 354,247 354,247 100% 108 1 69,499 172,082 85,840 86,242 100% 109 1-3 225,533 272,274 272,274 100% 23
(1) 110 111 1091 112 113 114 115 116 117 118 4333 119 120 8 99 121 122 123 124 125 1 126 127 128 129 130 (3) 131 132 133 134 24
110 1-4 76,465 132,849 132,849 100% 111 1-3 158,240 553,177 553,177 100% 112 1-2 103,589 182,656 112,889 69,767 100% 113 1-2 93,275 149,763 149,763 100% 114 41,440 73,615 73,615 100% 115 35,801 134,535 134,535 100% 116 1-2 101,819 253,356 253,356 100% 117 1-5 192,505 327,303 84,138 243,165 51% 118 1-4 104,796 140,151 140,151 100% 119 23,307 84,448 84,448 100% 120 1-2 143,053 251,926 116,474 135,452 100% 121 1-3 117,256 331,724 331,724 100% 122 1 11,088 77,811 77,811 100% 123 1-2 90,642 212,240 212,240 100% 124 1 23,638 55,429 55,429 100% 125 1-3 87,741 201,346 201,346 100% 126 39,376 98,041 98,041 100% 127 36,595 100,849 100,849 100% 128 1 74,779 207,476 207,476 100% 129 1 26,000 35,620 35,620 100% 130 1 61,233 46,660 46,660 36% 131 1 19,852 72,448 72,448 70% 132 1-2 33,234 123,216 72,448 50,768 100% 133 1-2 59,629 197,069 137,154 59,915 100% 134 1 29,911 81,945 81,945 100% 25
(1) 135 (3) 136 (3) 137 138 560 D 139 140 (3) 2018-32 1 2 3 (i) 84,359 (ii) 33,620 (iii) 273,997 (iv) 85,520 (v) 157,649 26
135 1 31,666 37,999 37,999 100% 136 1 15,086 39,224 39,224 30% 137 1-3 109,832 415,986 178,383 237,603 100% 138 1 27,376 89,590 89,590 100% 139 1 38,881 64,857 64,857 51% 140 1 132,397 172,115 172,115 50% 16,935,474 45,184,032 24,823,821 8,996,189 11,364,022 4 5 1,797,780 27
1 142,000 129,640 3(6) 259,583 154,573 2 225,635 71,344 1 50,000 0 1(5) 168,422 107,403 1(7) 120,619 42,527 1(1) 70,663 31,879 1(2) 88,790 80,340 1 269,159 269,159 1 86,138 71,183 1 165,574 142,521 2 65,003 48,135 1(3) 153,548 96,821 2 113,419 80,461 3 60,914 50,014 4 115,259 64,191 6 6,148 6,064 7 160,505 148,800 8 91,065 80,812 2 158,773 139,116 3(3) 156,611 112,402 5 173,398 144,853 6 30,625 29,300 7 237,647 114,669 10 327,798 198,689 1 74,546 37,036 2 148,619 105,942 2 157,929 36,971 3 84,679 76,503 28
2018 4 20204 100% 2017 12 20213 100% 2017 4 20194 100% 2018 1 20183 51% 2017 12 20192 100% 2017 12 20192 100% 2017 11 20202 80% 2017 11 20184 80% 2018 6 20204 24% 2015 1 20193 49% 2016 12 20184 49% 2017 4 20184 49% 2016 12 20203 49% 2015 11 20192 49% 2015 11 20193 49% 2015 11 20201 49% 2017 9 20193 49% 2017 9 20202 49% 2013 10 20184 49% 2016 8 20183 100% 2011 10 20183 100% 2016 12 20192 100% 2017 5 20192 100% 2017 8 20193 100% 2017 9 20194 100% 2017 11 20192 51% 2017 9 20192 51% 2018 1 20194 100% 2017 1 20194 100% 29
2 64,630 45,805 28,958 23,146 1 112,500 94,545 2 136,000 78,914 8 4 172,158 88,515 8 5 118,470 94,620 1 191,408 156,955 3 88,377 68,934 4 203,609 71,753 5 112,464 87,261 6 83,597 66,186 9 47,622 40,283 1 38,844 31,075 1 137,056 95,939 2(2) 3,850 3,651 2 160,773 78,947 2 31,905 15,953 4 194,022 129,986 8 153,971 149,861 6 146,328 140,315 3(1) 123,037 120,286 3(2) 59,051 59,051 3(3) 94,464 83,128 3(4) 70,970 63,873 2 131,112 84,244 2 88,613 52,248 3 123,104 101,429 3 39,816 28,668 4 56,136 38,172 1-2 78,619 40,922 77,620 75,295 1 104,392 84,558 J 5 260,221 210,994 F 6 221,954 178,032 30
2012 12 20184 100% 2018 1 20193 100% 2018 5 20194 80% 2018 7 20202 80% 8 2017 11 20194 100% 8 2017 11 20201 100% 2018 2 20202 100% 2017 10 20193 100% 2017 6 20184 100% 2017 11 20213 100% 2018 5 20192 100% 2017 7 20203 100% 2017 10 20194 100% 2018 4 20211 100% 2016 10 20184 100% 2017 12 20193 100% 2017 12 20211 100% 2014 9 20194 100% 2017 7 20191 100% 2014 7 20214 100% 2016 8 20214 100% 2017 9 20214 100% 2017 7 20213 100% 2017 5 20213 100% 2012 11 20194 100% 2013 11 20183 100% 2014 5 20193 100% 2017 12 20194 100% 2018 4 20202 100% 2017 1 20194 100% 2014 1 20194 100% 2018 6 20203 100% J 2017 1 20193 100% F 2017 11 20204 20% 31
1 143,162 104,928 1 85,840 71,247 8 2 135,452 108,362 1 77,811 49,896 1 55,429 53,510 2 156,811 87,758 1 55,429 41,315 1 72,448 47,503 2 50,768 36,621 2 59,915 41,941 1 81,945 58,508 3 237,603 206,371 1 64,857 46,657 8,996,189 6,409,508 32
2017 9 20193 100% 2018 5 20194 100% 8 2016 6 20192 100% 2016 3 20184 100% 2016 6 20184 100% 2016 6 20192 100% 2018 6 20194 100% 2017 7 20192 70% 2016 3 20183 100% 2014 11 20182 100% 2018 1 20193 100% 2016 4 20201 100% 2018 3 20202 51% 33
(1) 1-3 368,196 2020 1-4 466,400 2020 1-2 185,959 2020 1-2 119,550 2020 1 51,930 2021 1 50,556 2021 E 1 160,870 2021 2 268,380 2022 3 177,637 2020 1-3 315,343 2021 1 16,182 2021 1 29,383 2021 9 8,489 2018 101,398 2020 61,000 2020 3-4 341,288 2022 10,131 2021 155,693 2021 202,294 2021 61,200 2021 1-13 2,321,754 2021 1-3 354,660 2019 1-5 419,451 2021 1-4 441,810 2020 1-4 630,000 2020 3-4 185,014 2019 1 69,794 2019 1 82,397 2019 1-2 159,025 2020 1-2 256,129 2020 34
(1) 1-4 278,191 2020 1-10 153,337 2019 141,945 2020 1-2 109,246 2021 3 140,000 2020 1-4 95,229 2021 1-2 68,449 2021 1-8 753,899 2020 1-4 75,305 2020 3-10 37,620 2020 1 54,860 2020 1 48,726 2020 1 160,673 2020 1-2 354,247 2020 1 86,242 2020 2 69,767 2021 5 243,165 2021 1 35,620 2020 1 46,660 2019 1 37,999 2019 1 39,224 2020 1 89,590 2019 1 172,115 2020 11,364,022 1. 35
(1) (i) (ii) (2) (3) 30% 10% 496,511,100 8.18% 63,000,000 5,163,00011,474,000 (4) 1% (5) 36
(6) 1.00 (7) (i) (ii) (iii) (8) 1 50,020,000 50,020,000 48,588,000 48,588,000 20,000,000 20,000,000 10,000,000 10,000,000 2,400,000 2,400,000 1,400,000 1,400,000 1,200,000 1,200,000 356,906,000 43,000,000 (5,163,000) (11,474,000) 383,269,000 470,514,000 63,000,000 (5,163,000) (11,474,000) 516,877,000 109,677,000 (1) 27 37
XV352 (i) (%) 1,517,180,756 25.00% 905,000 0.01% 6,068,893,329 (ii) (%) 50,020,000 0.82% 20,000,000 0.33% 1,400,000 0.02% 2,400,000 0.04% 10,000,000 0.16% 1,200,000 0.02% 48,588,000 0.80% 6,068,893,329 XV352 38
336 1 (%) 647,115,378 (L) 11.11% 2 843,065,378 (L) 200,000,000 (S) 13.89% 3.30% 2 843,065,377 (L) 13.89% 649,700,957 (L) 25.34% 887,995,149 (L) 3 887,995,149 (L) 14.63% 1. LS 2. 3. 887,995,149 4. 6,068,893,329 336 39
41 100 34 34 2410 34 28 12 P02771 40
6 15,027,788 8,586,802 7 (10,291,313) (5,728,185) 4,736,475 2,858,617 8 115,704 480,216 26 1,994,891 7 (361,269) (262,086) 7 (1,402,041) (788,016) 13 134,806 1,320,415 (321,816) 5,218,566 3,287,330 14(a) (55,223) (31,818) 14(b) 33,234 (9,202) 106,152 57,486 (730,108) (70,442) 9 (623,956) (12,956) 4,572,621 3,233,354 10 (2,340,530) (1,429,459) 2,232,091 1,803,895 1,704,082 1,890,586 528,009 (86,691) 2,232,091 1,803,895 11 0.281 0.368 11 0.276 0.367 41
2,232,091 1,803,895 13,516 (12,309) 13,516 (12,309) 2,245,607 1,791,586 1,712,587 1,881,964 533,020 (90,378) 2,245,607 1,791,586 47100 42
13 2,821,403 2,551,580 13 33,476,100 32,025,830 13 399,721 395,815 14(a) 5,427,123 5,284,835 14(b) 7,513,722 6,818,118 4,400,796 6,160,364 15 466,828 823,860 16 1,163,389 1,206,237 400,000 41,328 111,652 9,699 57,940,302 53,558,098 58,784,519 68,066,413 12,915,303 18,170,966 4,221 2,714 17 20,370,801 21,422,522 17,928,102 15,925,608 15 19,322,902 14,124,677 1,360,294 850,499 10,097,550 7,939,574 63,045 96,467 42,430 1,232,206 15,746,532 11,998,423 156,635,699 159,830,069 18 29,564,933 18 34,372,036 11,609,397 15,170,791 6,154,901 5,649,679 19 18,304,868 22,173,037 20 15,904,440 17,315,611 86,345,642 89,874,051 43
70,290,057 69,956,018 128,230,359 123,514,116 19 91,316,785 89,000,150 20 104,171 4,641,014 4,411,645 95,957,799 93,515,966 32,272,560 29,998,150 21 533,279 532,865 21 6,318,120 6,913,069 22 13,768,364 11,641,988 20,619,763 19,087,922 11,652,797 10,910,228 32,272,560 29,998,150 47100 44
21 21 22 450,450 4,253,704 8,241,973 12,946,127 10,100,272 23,046,399 1,890,586 1,890,586 (86,691) 1,803,895 (8,622) (8,622) (3,687) (12,309) 1,881,964 1,881,964 (90,378) 1,791,586 106,873 106,873 7,500 7,500 190 3,903 (1,114) 2,979 2,979 1,602 1,602 1,602 450,640 4,257,607 10,124,425 14,832,672 10,124,267 24,956,939 532,865 6,913,069 11,641,988 19,087,922 10,910,228 29,998,150 9 3.1 299,998 299,998 (7,224) 292,774 532,865 6,913,069 11,941,986 19,387,920 10,903,004 30,290,924 1,704,082 1,704,082 528,009 2,232,091 8,505 8,505 5,011 13,516 1,712,587 1,712,587 533,020 2,245,607 25 51,426 51,426 254,377 254,377 26 (91,554) (91,554) 12 (603,729) (603,729) (603,729) 414 8,780 (2,667) 6,527 6,527 116,458 116,458 2,524 118,982 533,279 6,318,120 13,768,364 20,619,763 11,652,797 32,272,560 47100 45
15,590,782 2,813,532 (2,163,048) (1,382,342) (4,562,769) (3,233,536) 8,864,965 (1,802,346) 13 (90,781) (74,654) 13 (1,315,464) (1,689,293) 16 (46,422) (264,031) 14(a) (177,507) 25 (205,274) (927,773) (162,224) (77,158) (3,631,595) 140,402 (3,038,600) (2,060,561) 1,189,776 (422,450) (400,000) 5,600 26 (2,572,394) (1,503,087) (182,878) (757,937) (949,544) (59,114) (228,800) 70,376 (13,884,253) (5,547,134) (78,599) 357,082 428,011 326,386 17,463 (3,510,920) 254,377 (166,167) (270,827) 17,610,195 13,614,887 19(d) 2,075,073 5,362,071 428,250 (10,403,158) (4,347,450) (721,900) (960,817) (67,141) 11,593 8,741,973 11,216,436 3,722,685 3,866,956 11,998,423 10,819,117 25,424 (64,377) 15,746,532 14,621,696 47100 46
1. 22 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111 Cayman Islands 2. (i) 34 (ii) 3 47
2. (iii) 9 16 23 10 28 16 16 17 16 16 12 48
2. (iii) 16 676,495,000 16 16 16 3. 1 28 2 9 15 15 40 22 15 40 4099 15 15 49
3. 3.1 3.2.1 3.3.1 9 15 9 15 4,400,796 (4,400,796) 96,467 5,086,320 5,182,787 41,328 (41,328) 9,699 63,459 73,158 14,124,677 (253,832) 13,870,845 29,564,933 (29,564,933) 29,564,933 29,564,933 4,411,645 161,049 4,572,694 10,973,620 299,998 11,273,618 10,910,228 (7,224) 10,903,004 50
3. 3.2 9 3.2.1 9 9 9 3.2.2 9 4,400,796,000 41,328,00039 9 9 51
3. 3.2 9 3.2.1 9 9 644,196,000 9 5,086,320,000 161,049,000 483,147,000 9 (i) 180 1 0.1% 1% 10% (ii) 12 2% 30% 9 253,832,000 183,149,000 7,224,000 63,459,000 52
3. 3.2 9 3.2.2 9 9 15 53
3. 3.2 9 3.2.2 9 9 54
3. 3.2 9 3.2.2 9 55
3. 3.2 9 3.2.2 9 939 9 3.3 15 3.3.1 15 15 18 113.3.2 15 15 15 56
3. 3.3 15 3.3.2 15 57
3. 3.3 15 3.3.2 15 58
4. 12 5. 5.1 5.2 1 1 2 3 59
5. 5.2 1 2 3 63,045 6,160,364 6,223,409 96,467 96,467 123 5.3 1 1 5.4 3 3 39 4,442,124 644,196 9 5,086,320 949,544 (12,300) 136,937 (137) 6,160,364 60
5. 5.4 3 136,937,000 7.64 15.89 20% 5.5 19(d) 35,977,249 27,960,062 34,752,933 34,795,711 61
6. 90% 13,984,832 5,787,764 2,079,641 126,400 125,700 201,814 172,614 105,441 45,380 107,184 99,832 362,571 249,524 139,546 26,347 15,027,788 8,586,802 62
6. 13,984,832 169,341 448,980 117,682 115,408 366,470 484,859 15,687,572 (42,941) (247,166) (12,241) (8,224) (3,899) (345,313) (659,784) 13,984,832 126,400 201,814 105,441 107,184 362,571 139,546 15,027,788 3,604,922 71,183 46,325 (38,775) (247,885) 171,636 (299,546) 3,307,860 26 1,994,891 - - - - - - 1,994,891 14(a) (54,659) (564) (55,223) 14(b) 32,732 502 33,234 13 134,806 134,806 5,577,886 205,989 46,325 (38,775) (247,885) 171,636 (299,608) 5,415,568 8 103,515 (322,506) 106,152 (730,108) 9 (623,956) 4,572,621 10 (2,340,530) 2,232,091 63
6. 7,867,405 136,329 283,881 50,746 205,416 254,606 481,455 9,279,838 (10,629) (111,267) (5,366) (105,584) (5,082) (455,108) (693,036) 7,867,405 125,700 172,614 45,380 99,832 249,524 26,347 8,586,802 2,483,533 74,255 43,014 (27,970) (276,554) 106,680 18,126 2,421,084 14(a) (1,408) 2,246 (32,656) (31,818) 14(b) (633) (8,569) (9,202) 13 1,320,415 1,320,415 2,481,492 1,394,670 43,014 (27,970) (276,554) 100,357 (14,530) 3,700,479 (321,816) (132,353) 57,486 (70,442) 9 (12,956) 3,233,354 10 (1,429,459) 1,803,895 64
6. 396,985,700 40,365,400 2,673,000 3,072,158 2,366,120 17,843,214 99,462,482 (355,887,428) 206,880,646 7,695,355 214,576,001 298,422,783 8,048,489 1,770,777 2,694,135 3,098,373 16,539,725 80,068,853 (304,130,933) 106,512,202 75,791,239 182,303,441 339,842,097 37,616,411 1,553,818 2,964,885 2,484,709 17,386,862 87,274,219 (281,092,295) 208,030,706 5,357,461 213,388,167 252,222,094 5,361,023 1,210,529 2,384,989 1,641,563 16,257,045 69,895,423 (239,811,698) 109,160,968 74,229,049 183,390,017 65
6. 10% 10% 66
7. 2,500 1,900 165,079 88,297 93,001 27,192 13 6,112 736 16 88,773 56,072 21,197 30,155 138,037 174,287 9,527,356 4,993,411 13 84,907 50,474 18,310 6,609 100,854 104,984 32,674 16,203 143,224 41,090 223,730 142,528 45,358 628 32,843 22,504 88,057 72,611 71,154 50,951 31,250 20,395 270,581 207,231 848,583 658,041 21,043 11,988 12,054,623 6,778,287 67
8. 450,000 11 22,214 21,162 3,484 6,442 357,581 30,278 19(d) 142,745 15(c) (129,679) 6 103,515 2,474 (261) 416 8,616 (4,024) (390,962) (17,765) 16 (497) (9,830) 115,704 480,216 68
9. 69,822 57,486 36,330 106,152 57,486 2,922,589 2,359,897 19(d) 1,436,760 954,992 99,873 4,359,349 3,414,762 (4,048,415) (2,912,061) 310,934 502,701 419,174 (432,259) 730,108 70,442 (623,956) (12,956) 12.82% 13.15% 69
10. 1,373,948 851,949 914,620 247,407 51,962 330,103 2,340,530 1,429,459 25%25% 30% 60% 70
11. (a) 1,704,082 1,890,586 6,064,446,329 5,136,367,766 0.281 0.368 1,704,082,000 1,890,586,0006,064,446,329 5,136,367,766 (b) 1,704,082 1,890,586 6,064,446,329 5,136,367,766 107,993,528 21,043,365 6,172,439,857 5,157,411,131 0.276 0.367 71
11. (b) 12. 0.03 153,530 0.118 603,729 9.95 11.8 603,729,000 716,082,000 2.53 3.0 153,530,000 182,102,000 72
13. 2,551,580 32,025,830 395,815 25(b) 346 90,781 1,315,464 263,565 10,018 7 (6,112) 7 (84,907) 26 (1,089) (261) 134,806 1,388 2,821,403 33,476,100 399,721 1,087,064 30,690,680 163,178 2,007 74,654 1,689,293 932,202 7 (736) 7 (50,474) (1,258) 1,320,415 (2,526) 1,109,467 34,632,590 162,442 73
13. 3.0%-6.5% 6.5% 3.0%-6.0% 4.5% 0.0%-10.0% 0.0%-10.0% 20 587 2,500 56 574 2,400 74
13. 4.35%-4.75% 4.75% 680-7,000 2,500-9,500 10.0%-20.0% 10.0%-20.0% 3 33 75
14. (a) 2,678,941 2,677,741 2,804,200 2,620,207 (56,018) (13,113) 5,427,123 5,284,835 5,284,835 1,331,121 49,877 26 20,004 127,630 14,000 (12,885) (55,223) (31,818) 5,427,123 1,300,418 1,000,000,000 (b) 6,818,118 931,751 30,600 9,998 26 631,270 500 (800) 33,234 (9,202) 7,513,722 931,747 76
15. a 730,837 1,964,390 b 5,409,644 2,268,769 b 2,292,642 3,979,177 d 2,982,047 2,531,677 1,869,045 1,293,895 b 1,960,203 1,960,203 b 3,653,657 20,498 b 1,041,434 879,210 b 226,283 50,718 19,434,955 12,984,147 c (376,062) 19,058,893 12,984,147 19,789,730 14,948,537 b(i) (159,000) (584,880) (307,828) (238,980) (466,828) (823,860) 19,322,902 14,124,677 77
15. (a) 90 643,336 240,801 91 180 18,301 10,512 181-270 9,858 1,612,128 271-365 1,929 1,006 365 64,862 99,943 738,286 1,964,390 c (7,449) 730,837 1,964,390 9 7,449,000 180 78
15. (b) (i) 5,409,644 2,268,769 (ii) 2,292,642 3,979,177 (iii) 1,960,203 1,960,203 (iv) 3,653,657 20,498 (v) 1,041,434 879,210 (v) 226,283 50,718 14,583,863 9,158,575 c (376,062) 14,207,801 9,158,575 (i) 2,019,905,000 895,256,000 3.8% 18% 3.8% 12.5% 12 159,000,000 584,880,000 (ii) 144,402,000 144,402,000 307,828,000 238,980,000 582,258,000 2,940,376,0001,258,154,000 655,419,000 (iii) (iv) 12% 12% 12 (v) 79
15. (c) a b 9 27,915 225,917 253,832 27,915 225,917 253,832 8 (20,466) 150,145 129,679 7,449 376,062 383,511 15,322,149,000 14,938,638,000 (d) (e) 1,960,203,000 1,960,203,000 80
16. i ii ii ii ii ii ii 332,379 276,823 23,600 59,700 8,440 497,400 7,895 1,206,237 46,422 46,422 (497) (497) 7 (58,964) (1,073) (4,264) (1,206) (22,609) (657) (88,773) 332,379 263,784 22,527 55,436 7,234 474,791 7,238 1,163,389 i ii 121,779 96,019 217,798 264,031 264,031 (9,830) (9,830) 7 (56,072) (56,072) 121,779 294,148 415,927 (i) (i)(ii) (iii) (iv) (v) (ii) 2-5 11 7 3.5 11 6 81
17. 18. 34,372,036,000 29,564,933,000 19. (a) 4,073,652 6,824,887 (a) 1,278,000 1,606,325 (a) 6,540,455 6,255,979 (a) 5,370,430 6,273,065 (b) 108,781 108,781 (c) 933,550 1,104,000 18,304,868 22,173,037 (d) 35,977,249 34,752,933 (a) 36,721,749 36,469,412 (a) 1,956,830 2,442,000 (a) 16,260,957 14,905,519 (a) 400,000 307,086 (c) 123,200 91,316,785 89,000,150 109,621,653 111,173,187 82
19. (a) 63,596,813,000 64,455,797,000 1,132,032 590,673 18,907,898 15,410,689 272,942 287,829 38,819,675 35,769,533 6,806,595 12,786,413 1,021,949 5,528,129 4,136,943 1,960,203 1,960,203 73,427,474 71,964,232 56,576,278 56,584,662 6,024,438 6,110,830 62,600,716 62,695,492 (b) 12.0% 12.0% (c) 933,550,000 1,104,000,000 4.35% 12.5% 4.35% 12.5% 123,200,000 10.0% 83
19. (d) 460,000 330,000 790,000 325,000 325,000 1,255,000 (108,000) 1,147,000 3,119,000 (67,500) 3,051,500 5,159,000 330,000 (175,500) 5,313,500 5,020,993 5,148,814 2,325,000 2,325,000 2,326,546 2,326,068 34,752,933 35,977,249 2,657,937,000 A E 7.25% 7.875% 8.50% 9.375% 2,501,063,000 18,353,584,000 2,325,000,0001,943,000,000 6.1 330,000,000 2,075,073,000 108,000,000 67,500,000 142,745,0008 84
19. (d) 6.05% 10.99% 34,752,933 9 1,436,760 (1,580,180) 2,075,073 (73,668) (1,146,752) 513,083 35,977,249 85
20. a 6,165,195 6,248,743 1,227,593 1,605,623 275,734 258,782 469,039 213,030 154,048 1,228,892 2,731,979 757,937 1,105,600 1,100,000 2,011,935 1,521,772 783,379 897,896 193,859 198,391 500,000 603,729 b 1,353,732 925,721 b 326,386 b 149,530 315,697 15,904,440 17,419,782 (104,171) 15,904,440 17,315,611 (a) (b) (c) 86
21. 6,063,730,329 606,373 532,865 6,913,069 7,445,934 5,163,000 516 414 8,780 9,194 2017 12 (603,729) (603,729) 6,068,893,329 606,889 533,279 6,318,120 6,851,399 5,135,427,910 513,543 450,450 4,253,704 4,704,154 2,124,000 212 190 3,903 4,093 5,137,551,910 513,755 450,640 4,257,607 4,708,247 5,163,0002,124,000 8,144,500 6,527,000 4,596,000 4,093,000 4.24 2.75 87
22. a b c d 382 23,243 959,537 167,972 (482,766) 10,973,620 11,641,988 9 3.1 - - - - - - 299,998 299,998 382 23,243 959,537 167,972 (482,766) - 11,273,618 11,941,986 1,704,082 1,704,082 8,505 8,505 8,505 1,704,082 1,712,587 (2,667) (2,667) 116,458 116,458 (8,366) 8,366 382 31,748 959,537 273,397 (482,766) 12,986,066 13,768,364 382 24,835 913,598 54,369 (487,047) 3,292 7,732,544 8,241,973 1,890,586 1,890,586 (8,622) (8,622) (8,622) 1,890,586 1,881,964 (1,114) (1,114) 1,602 1,602 (1,885) 1,885 382 16,213 913,598 52,972 (487,047) 3,292 9,625,015 10,124,425 88
22. (a) (b) 5% 10% 10% 50% 50% 10% (c) 27 (d) 89
23. 30,013,750 30,094,885 (i) (ii) 24. (a) 38,654,545 31,849,843 996,198 834,598 1,879,002 1,947,851 41,529,745 34,632,292 90
24. (b) 103,374 46,920 253,009 91,077 320,112 70,055 676,495 208,052 (c) 237,871 209,090 813,672 569,683 255,590 193,586 1,307,133 972,359 25. (a) 189,455,000 91
25. (a) 472,627 21 7,252 (240,219) 239,681 (50,226) 189,455 189,455 (7,252) 182,203 92
25. (b) 13 346 60 29,069 1,229 (2,304) (2,900) 25,500 (1,200) 24,300 24,300 24,300 (1,229) 23,071 5,947,000366,000 6,543,000 2,979,000 93
26. 100% 49% 41% 14,237,553 3,620,253 68,286 2,572,394 (5,922,487) (6,195,925) (9,632,137) (91,554) (1,343,617) 1,994,891 651,274 49% 14(a) 20,004 49% 41% 14(b) 631,270 651,274 (2,572,394) 94
27. 30% 10 10(i) (ii) (iii) 3.339 470,514,000 1.674 107,468,000 4.354 63,000,000 1.577 (5,163,000) 2.000 (2,124,000) 3.465 (11,474,000) 1.500 (1,318,000) 3.477 516,877,000 1.678 104,026,000 109,677,000101,626,000 95
27. 10/6/2010-24/4/2022 3.105 5,350,000 30/3/2011-24/4/2022 3.105 8,250,000 24/4/2012-23/4/2022 3.105 8,500,000 23/7/2011-22/7/2020 2.000 3,360,000 3,620,000 23/7/2012-22/7/2020 2.000 3,360,000 3,620,000 23/7/2013-22/7/2020 2.000 3,560,000 3,820,000 23/7/2014-22/7/2020 2.000 4,160,000 4,420,000 23/7/2015-22/7/2020 2.000 8,977,000 8,220,000 6/6/2013-5/6/2022 1.500 4,169,000 4,718,000 6/6/2014-5/6/2022 1.500 5,370,000 5,856,000 6/6/2015-5/6/2022 1.500 15,923,000 21,094,000 6/6/2016-5/6/2022 1.500 16,838,000 21,308,000 6/6/2017-5/6/2022 1.500 17,060,000 21,350,000 21/2/2015-20/2/2024 2.610 1,200,000 1,200,000 21/2/2016-20/2/2024 2.610 1,200,000 1,200,000 21/2/2017-20/2/2024 2.610 1,200,000 1,200,000 21/2/2018-20/2/2024 2.610 1,200,000 1,200,000 21/2/2019-20/2/2024 2.610 1,200,000 1,200,000 19/7/2018-18/7/2027 3.550 59,000,000 19/7/2019-18/7/2027 3.550 59,000,000 19/7/2020-18/7/2027 3.550 59,000,000 19/7/2021-18/7/2027 3.550 118,000,000 22/09/2018-21/9/2027 6.660 4,000,000 22/09/2019-21/9/2027 6.660 4,000,000 22/09/2020-21/9/2027 6.660 4,000,000 22/09/2021-21/9/2027 6.660 8,000,000 29/11/2018-28/11/2027 4.370 5,600,000 29/11/2019-28/11/2027 4.370 5,600,000 29/11/2020-28/11/2027 4.370 5,600,000 29/11/2021-28/11/2027 4.370 11,200,000 3/4/2019-2/4/2028 4.320 4,000,000 3/4/2020-2/4/2028 4.320 4,000,000 3/4/2021-2/4/2028 4.320 4,000,000 3/4/2022-2/4/2028 4.320 8,000,000 12/6/2019-11/6/2028 4.370 8,600,000 12/6/2020-11/6/2028 4.370 8,600,000 12/6/2021-11/6/2028 4.370 8,600,000 12/6/2022-11/6/2028 4.370 17,200,000 516,877,000 104,026,000 96
27. 179,750,000 0.10 326,790,000 0.10 11,000,000 3,000,000 0.10 64,000,000250,300,000 0.10 20,000,000 28,000,000 0.10 20,000,000 0.1 43,000,000 0.1 22,355,000 142,362,000 198,688,000 8,514,000 2,592,000 543,168,000 68,887,000 61,987,000 37,218,000 77,023,000 2.56 1.71 1.39 2.60 2.83 3.55 6.66 4.26 4.31 4.35 3.105 2.00 1.50 2.61 2.84 3.55 6.66 4.37 4.32 4.37 1.82%-2.33% 2.29% 1.04% 2.30% 1.94% 2.05% 2.01% 2.23% 2.64% 2.93% 40% 40% 44% 45% 43% 43% 43% 44% 44% 44% 5-7 10 10 10 10 10 10 10 10 10 6.0% 5.0% 2.5% 2.5% 97
28. (a) 98
28. (b) 76,828 77,764 311 192 77,649 457 154,788 78,413 (c) (i) 18,829 172,620 (iii) 36,330 (iv) 41,290 1,661 20,820 (ii) 1,034 983 28,752 4,830 (i) 12%12% (ii) (iii) 6.175% (iv) 4.35% 12.5% 12.5% 13% 99
28. (d) 19(c) 933,550 1,227,200 19(b) 108,781 108,781 15 3,653,657 20,498 15 1,041,434 879,210 20 (1,353,732) (925,721) 20 (326,386) 20 (18,829) (205,683) 100
A.6.7 2410 101
108.0 67.5 3 183 17 1712 1716 102