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Transcription:

2 3 4 5 6 15 16 20 21 32 33 40 41 66 67 68 69 70 71 72 75 76 77 208 209 215 216 218

3 * * * * # 148 27 29 (852) 2860 4368 (852) 2528 4386 http://www.gdi.com.hk 56 * # 148 27 29 # 2003 4 15 148 28 29

4

5 (i) (ii) (iii) (iv) * #

6 12 31 2002 2001 2000 6,737,025 7,271,518 4,947,984 1,850,733 2,159,168 (596,224) 331,728 161,099 1,242,207 2,182,461 2,320,267 645,983 1,244,999 1,566,474 572,367 * 249,120 * 530,142 660,346 (1,144,896) 779,262 281,108 285,542 (1,356,302) 530,228 9,415,383 9,117,497 8,517,133 9,664,503 32,246,166 33,378,532 35,916,779 6 16,537,125 17,785,665 19,128,260

7 12 31 2002 2001 2000 0.5 5,162 5,133 4,868 5,007 3,952 4,381 0.97 0.77 0.90 3.91 4.32 (54.44 ) 8.63 3.83 4.24 8.45 1.82 1.78 1.75 12 31 2002 2002 2001 1 5.65%(i) 3.03% 3.24% 2 2.02%(i) 1.27% 1.53% 3 1.59 (i) 1.33 1.41 4 2.02 (ii) 2.22 5 1.15 (iii) 1.39 (i) (ii) 2003 32003 5 (iii) 2001 2001 12 31 2002 12 20 5.41 2002 12 31 2003 2003 1 4 2 2 5 2 3 6

8 12 31 2002 2001 2000 1 1,016,173 540,812 1,149,179 2 677,237 1,342,426 1,196,938 3 5 4,135,631 4,389,968 5,963,414 5 12,496,506 13,117,206 12,910,400 18,325,547 19,390,412 21,219,931 % % % 81.8 61.2 58.5 10.5 33.8* 38.9* 0.1 0.1* 1.0* 7.6 4.9 1.6 % % % 92.8** 29.6 34.0 7.2 70.4 66.0 * 31 ** 35 # 2002 12 31 % % 6.2 7.2 89.0 87.3 4.8 5.5 100.0 100.0 # 125,000,000 3 1 /4%2002 12 31 85,949,000

9

10

11 2002 12 31 EBITDA 2002 12 31 EBITDA % 2,831,978 42.04 302,765 2,415,241 464,370 6.89 (65,409) 2,579 8,587 0.13 39,755 157,151 398,685 5.92 106,926 147,179 271,030 4.02 (13,120) 4,546 212,614 3.16 73,811 87,948 593,052 8.80 104,943 189,469 529,055 7.85 (73,672) (47,710) 683,931 10.15 57,821 106,814 736,032 10.93 30,037 46,673 7,691 0.11 (207,243) (53,631) 6,246,485 92.72 476,235 7.07 14,305 0.21 2001 12 31 6,737,025 100.00 356,614 3,056,251 6,737,025 100.00 EBITDA % 2,727,623 37.50 317,463 2,146,759 578,001 7.95 212,037 283,273 7,785 0.11 (9,313) 38,105 693,787 9.54 266,220 325,271 323,245 4.45 19,423 42,939 248,580 3.42 26,533 51,772 543,922 7.48 63,877 180,326 764,929 10.52 (80,552) (38,033) 682,764 9.39 20,484 88,803 673,311 9.26 15,255 42,079 27,571 0.38 (258,733) 51,206 6,661,172 91.61 608,580 8.37 1,766 0.02 7,271,518 100.00 592,694 3,212,500 7,271,518 100.00

12

13

14

15

16 2002 (i)(ii)(iii) (iv) (v) 6,737,025,0002001 7,271,518,0002001 271,030,0004,652,266,0002001 323,245,000578,001,000 2002 4,733,414,0002001 4,929,087,000 2001 2,727,623,000 104,355,0002,831,978,0002002 587,636,0002001 400,100,000 2,182,461,000 2001 2,320,267,000 D

17 865,829,000 2001 828,195,000 4.47% 281,108,000 2001285,542,000 249,120,000 110,253,00026,037,000 55,343,000 89,432,0004,637,000 8,327,000 37,699,000 2002 12 2000 12 9% 0.0391 0.0863 2001100% 148 2003 2 15 2003 3 31 2000 12

18 2000 1482002 7.72002 12 20 1 1.339 112,854,000 136,266,000 2002 0.05 200310 18% 2% 2000 12 2003 3 31

19 2000 12 45.2 22.72002 12 31 24.8 90% 22003 4 1 2003 5 220.4 12 2003

20 2002 12 2003 4 11

21 2002 7.18 2001 6.08 8 2001 7.9 2002 1,634,804,000 11.14% 2001 1,470,951,000 D 2002 7 8 9 2002 8 2002 464,370,000 2001 578,001,000 2001 19.66% 12.80 2001 14.60 200112.33%2002 46,595,0002001 212,533,000 200178.08% 2002 2002 12,111,0002001 94,539,000 1.77 2001 99,100 1.71 2001 1.70 62,985,00029,388,000 2001 66,113,00031,261,000

22 2002 105,829,0002001 70,645,000 2001 6 2002 2.72 2001 2.69 2002 31,8152001 31,551 7.23% 6.7% 2002 1.2 2001 1.15 2002 23,558 2001 22,072 26.01% 10.5% 2002 12,764 200111,5532002 1.23 2001 1.0915.3% 16% 2002 30,280 200126,0822002 3.95 2001 3.3615.3% 24.5% 2002 5% 2002 8,587,0002001 7,785,000 70%

23 97% 2001 97% 263,100,0002001 257,491,000 2% 24.8% 2002 5,160,000 2003 3 31 2002 10 7,000 2002100% 80% 2003 24,040,0008.15% 2001 26,172,000 Guangdong Parking Limited 724,0002001 1,880,000 2003 3 31 Guangdong Parking Limited 1 Guangdong Parking Limited 63,000,000

24 2001 91.8%2002 85% 2002 86.5% 2001 71.8% 2002 22.7% 2002 92% 2001 88% 89% 2001 85% 44,698,771 2001 8,022,000 2003 3 31 2002 Guangdong Brewery Holdings Limited 200239.13% 224,000 2001 161,000 9.03% 593,052,0002001 543,922,000 58,810,000137.21%

25 53,297,0002001 67,805,000 11,057,00028,531,000 200131% 2001 10.58%2002 2.93% 188,000 2001 183,000140,000 2001 135,000 425,046,0002001 439,465,000 338,280,0002001 301,199,000 3.1% 763,326,0002001 740,664,000 58,569,0002001 20,619,000 2002 12 311.83 17.88 2001 16.05 5.3411.18 183.25 2001 193.90 10.16 148.12 2007 124.97 2007 2002 12 31212.63183.70 2001 210.33 193.90 28.93 2001 16.43

26 2.022.222002 2002 12 31725,157,0002001 1,560,761,000 2002 12 31 64,000,000 2002 1.09 2001 1.35 2,600 2002 2002 12 31 33.3019.231,600 13.91 2001 75.2265.502,100 9.51 2001 12 31 2003 5

27 2002 12 31 170.12 2001 57.40 35 2001 25 (a) 2001 3 4,000 2001 7 2002 12 31

28 (b) 2002 2003 11 24 2003 12 5 (c) 2002 9 2,400 1,500 2002 12 31

29 (d) 2002 6

30 2002 12 316,580 5,994 5861,015 2002 5

31 (i) 2000 12 22.4 2001 37.9 2002 15.567% 8,500 20011.32 1.27 20015,800 2002 11.8 2001 13 20.4 2005 62002 12 2002 3.693.452002 12 31 2.03 2003 3 31 10.3 2003

32 (ii) 2000 12 148 A B C 2002 5.07 2001 3.59 A 2002 A1.36 2,700 2001 970 2002 12 20 AC 75.88%B1.5% B 111,300

33 512000 3 2001 3 2001 1984 1995 1995 1998 1998 2000 2 522000 32001 3 1977 1994 1994 2000 442002 1012 1996 7 2000 9 2002 7 601998 6 1993 11 1

34 1964 1997 10 1964 19781980 1993 1992 10 1993 5 1978 1980 1994JP1999 GBS 641998 6 1918 McKinsey Global Institute Pacific Bankers Management Institute

35 Lafarge Munichre Service Limited 1993 6 1994 7 1996 3 1996 11 531999 11 1997 Guangdong Brewery Holdings Limited 1991 1995 492000 1 1975 19771990

36 1994 1997 1998 1999 2000 Distinguished Fulbright Scholar Salzburg Seminar / /Laos 472000 5 197823 1984 19871995 1997 2000 2000 11 2002 1

37 462000 5 2000 8 502001 3 2002 12 2002 7 2000 92000 8 201990 1997 542002 1 1976 1992 1993 1995 Emory1996 1999 IVY International LLC 2000 2001

38 462000 5 3 5 53 582000 5 30 462002 1

39 482003 2 2002 12 19902001 1990 1993 1993 19951995 1996 1996 2001 ( ) 571985 1988 12 2001 4 56 1995 9 2000 5 1969 1983 1988 1992 1995

40 50 1992 9 2000 5 1991 1998 1981 1985 1988 1992 50 2001 3 1976 19881988 1991 1995 2001 3 2000 4 2001 1 2001 59 19921962 1981 9 1982 3 1989 9 43 2001 12 2003 21983 1987 1993 1995 2001 8 471992 121996 7 2000 5 2000 7 8

41 2002 12 31 17 18 19 5 6 2002 12 31 68208 2002 12 31 0.50 2001 3 1 /4% 2002 12 31 92,236,0001998 10 7

42 12 31 2002 2001 2000 1999 1998 4,659,956 4,956,992 2,576,377 3,057,940 3,584,206 2,077,069 2,314,526 2,371,607 2,301,502 2,696,694 6,737,025 7,271,518 4,947,984 5,359,442 6,280,900 356,614 592,694 (1,168,591) (2,463,046) (1,924,761) 62,320 39,320 15,397 10,603 13,526 111,208 28,332 8,298 51,318 (19,402) 530,142 660,346 (1,144,896) (2,401,125) (1,930,637) 452,862 652,975 (662,255) (2,269,201) (2,094,987) 77,280 7,371 (482,641) (131,924) 164,350 530,142 660,346 (1,144,896) (2,401,125) (1,930,637) (96,058) (119,108) (107,630) (45,859) (56,309) (17,234) (11,542) (19,448) (5,706) (11,494) (113,292) (130,650) (127,078) (51,565) (67,803) 416,850 529,696 (1,271,974) (2,452,690) (1,998,440) (135,742) (244,154) (84,328) 75,337 (21,219) 281,108 285,542 (1,356,302) (2,377,353) (2,019,659)

43 12 31 2002 2001 2000 1999 1998 9,860,868 10,364,378 10,826,482 6,725,972 7,730,038 69,600 173,147 406,956 537,568 783,756 2,289,280 2,332,118 2,894,255 3,234,067 3,510,396 (130,411) (104,209) 1,019,064 972,344 929,662 872,157 867,684 423,617 641,163 604,003 592,155 568,119 135,345 245,598 245,725 324,878 459,736 13,628,236 14,123,023 14,622,619 35,000 37,000 4,950,567 4,630,970 5,387,077 4,579,090 5,894,337 32,246,166 33,378,532 35,916,779 16,900,887 19,851,066 (417,085) (650,179) (1,313,906) (1,244,404) (1,180,880) (245,282) (382,349) (826,726) (823,811) (819,804) (19,625,306) (20,556,930) (22,325,476) (8,383,068) (9,712,429) (2,285) (2,285) (2,285) (2,739) (2,739) (20,289,958) (21,591,743) (24,468,393) (10,454,022) (11,715,852) (2,540,825) (2,669,292) (2,931,253) (1,923,991) (1,982,012) 9,415,383 9,117,497 8,517,133 4,522,874 6,153,202

44 1416 15 43 2000 12 22 2003 12 212004 264,000,000 45(b) 45 2002 12 31 79B 483,9632001 63,000

45 34 3 44 2002 12 31 2002 12 31 (I) 2002 5 7 2002 5 7 2002 11 7 2002 11 8 2007 11 7 0.814 2002 2002 2002 2002 5 7 5 7 12 31 12 31 (2) (3) 9,000,000 3,780,000 9,000,000 3,870,000 9,000,000 3,780,000 9,000,000 3,870,000 1,000,000 420,000 1,000,000 430,000 1,000,000 420,000 1,000,000 430,000 1,000,000 420,000 1,000,000 430,000 1,000,000 420,000 1,000,000 430,000 9,000,000 3,780,000 9,000,000 3,870,000 1,500,000 630,000 1,500,000 645,000 9,000,000 3,780,000 9,000,000 3,870,000 1,000,000 420,000 1,000,000 430,000 1,500,000 630,000 1,500,000 645,000 1,000,000 420,000 1,000,000 430,000 1,000,000 420,000 1,000,000 430,000 14,300,000 6,006,000 13,800,000 5,934,000 60,300,000 25,326,000 59,800,000 25,714,000

46 (1) 0.81 (2) a 2002 5 725,326,000 4.82% 2002 5 7 5 50.9% 2001 5 7 2002 5 7 5.5 2001 5 7 2002 5 7 (3) a 2002 12 31 25,714,000 3.21% 2002 12 31 5 39.5% 2001 12 31 2002 12 31 4.85 2001 12 31 2002 12 31 (4) a

47 (II) 2002 6 3 2002 6 3 2002 12 20 2002 12 21 2007 6 3 0.816 2002 2002 2002 2002 6 3 6 3 12 31 12 31 (2) (3) 31,393,939 11,929,697 31,393,939 13,185,454 (1) 0.81 (2) a 2002 6 311,929,697 4.80% 2002 6 3 5 47.5% 2001 6 3 2002 6 3 5 2001 6 3 2002 6 3

48 (3) a 2002 12 31 13,185,454 3.21% 2002 12 31 5 39.5% 2001 12 31 2002 12 31 4.42 2001 12 31 2002 12 31 (4) a

49 (III) 2002 12 4 2002 12 4 2003 3 4 2003 3 5 2008 3 4 0.96 2002 2002 2002 2002 12 4 12 4 12 31 12 31 (2) (3) 6,000,000 2,340,000 6,000,000 2,340,000 6,000,000 2,340,000 6,000,000 2,340,000 5,000,000 1,950,000 5,000,000 1,950,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 6,000,000 2,340,000 6,000,000 2,340,000 1,500,000 585,000 1,500,000 585,000 6,000,000 2,340,000 6,000,000 2,340,000 1,000,000 390,000 1,000,000 390,000 1,500,000 585,000 1,500,000 585,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 1,000,000 390,000 67,900,000 26,481,000 67,900,000 26,481,000 106,900,000 41,691,000 106,900,000 41,691,000

50 (1) 0.96 (2) a 2002 12 441,691,000 3.59% 2002 12 4 5 39.0% 2001 12 4 2002 12 4 5.25 2001 12 4 2002 12 4 (3) a 2002 12 31 41,691,000 3.21% 2002 12 31 5 39.5% 2001 12 31 2002 12 31 5.17 2001 12 31 2002 12 31 (4) a

51 44 18 * * * * 2002 10 28 2002 12 5 2002 12 5 2002 1 18 2002 1 18 2003 2 25 2002 1 18 2002 5 31 * 2002 10 28 2003 2 25 73

52 77 (i) 2006 (ii)2006 6 30 3339 2002 12 31

53 2002 12 31 29 I. (i) 76,000 (ii) Guangdong Brewery Holdings Limited * 400,000 * (iii) 150,000

54 II. 2002 2002 1 1 12 31 12,000,000 02.05.2002 0.74 12,000,000 01.05.2007 07.05.2002 9,000,000 08.11.2002 0.814 9,000,000 07.11.2007 04.12.2002 6,000,000 05.03.2003 1 0.96 6,000,000 04.03.2008 12,000,000 11.02.2002 0.5312 12,000,000 10.02.2007 07.05.2002 9,000,000 08.11.2002 0.814 9,000,000 07.11.2007 04.12.2002 6,000,000 05.03.2003 1 0.96 6,000,000 04.03.2008 04.12.2002 5,000,000 05.03.2003 1 0.96 5,000,000 04.03.2008

55 II. 2002 2002 1 1 12 31 1,000,000 02.05.2002 0.74 1,000,000 01.05.2007 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008 1,000,000 02.05.2002 0.74 1,000,000 01.05.2007 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008 1,000,000 02.05.2002 0.74 1,000,000 01.05.2007 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008

56 II. 2002 2002 1 1 12 31 1,000,000 02.05.2002 0.74 1,000,000 01.05.2007 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008 12,000,000 11.02.2002 0.5312 12,000,000 10.02.2007 07.05.2002 9,000,000 08.11.2002 0.814 9,000,000 07.11.2007 04.12.2002 6,000,000 05.03.2003 1 0.96 6,000,000 04.03.2008 1,500,000 02.05.2002 0.74 1,500,000 01.05.2007 07.05.2002 1,500,000 08.11.2002 0.814 1,500,000 07.11.2007 04.12.2002 1,500,000 05.03.2003 1 0.96 1,500,000 04.03.2008 12,000,000 11.02.2002 0.5312 12,000,000 10.02.2007 07.05.2002 9,000,000 08.11.2002 0.814 9,000,000 07.11.2007 04.12.2002 6,000,000 05.03.2003 1 0.96 6,000,000 04.03.2008

57 II. 2002 2002 1 1 12 31 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008 1,500,000 11.02.2002 0.5312 500,000 1,000,000 10.02.2007 07.05.2002 1,500,000 08.11.2002 0.814 1,500,000 07.11.2007 04.12.2002 1,500,000 05.03.2003 1 0.96 1,500,000 04.03.2008 1,000,000 02.05.2002 0.74 1,000,000 01.05.2007 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008 07.05.2002 1,000,000 08.11.2002 0.814 1,000,000 07.11.2007 04.12.2002 1,000,000 05.03.2003 1 0.96 1,000,000 04.03.2008

58 2002 12 31 (i) 28 31 (ii)29 (iii) 18 2002 12 3116(1) 10% 2,984,584,738 57.81% 2,984,584,738 57.81% Guangdong Trust Ltd. 578,762,146 11.21% 1. 100% 2. Guangdong Trust Ltd.

59 (i) 2002 8 7 2002 8 19 5A 1 1,000 (a) 2002 10 1 2002 10 31 1,000135% (b) 2002 9 172003 1 31 1,000135% (c) 2003 4 82004 4 7 9.60% 6.60% 2002 9 16 85,949 85,949,000 2003 2 8 (ii) 2002 12 27 568,000,000 1% 152,964,0002003 1 2 2003 3 31 6(a)

60 (i) 0.5312 29,400,000 15,617,280 (ii) 2000 12 22 66,000,000 330,000,000 2003 12 21 2004 264,000,000 200537 200138 51.63% 36.64%30% 5% 53

61 57% 1998 9

62 (i) (ii) (iii) (iv) 2001 12 31 2002 6 30 6 2002 4 292002 9 26

63 2002 4 16 14.09(1) 14.09(3) (i) 2001 5 3 (ii) 2001 5 3 2001 8 24 2001 10 9(iii) 2001 8 24 2001 10 9 2002 4 29 2002 9 26 1,000,000

64 14.06 14.09 14.12 14.20 2002 6 30 14.06 14.09 14.12 14.20 (i) 5%15% 825,595,0002,476,784,000 (ii) 15%25% 2,476,784,0004,127,973,000 (iii) 25% 4,127,973,000 (iv) 5% 825,595,000 2002 6 30 (i) A 17(2) 15% 2,476,784,000 (ii) C 16(2) 15% 2,476,784,000 (iii) 36 15% 2,476,784,000

65 (iv) 135.1 15% 2,476,784,000 (v) 153(e)(ii) 15% 2,476,784,000 19 1.3 191.3 2002 6 30 (i) 15.2 1% 165,119,000 (ii) 23 5% 825,595,000 (iii) 193.2.1 8% 1,320,951,000 (iv) 193.2.2 3% 495,357,000 (v) 193.3 8% 1,320,951,000

66 14.24 14.252002 6 30 (i) 14.24(5) (a)1,000,000 (b) 0.01% 1,651,000 (ii) 14.25(1) (a)10,000,000 (b) 1% 165,119,000 (iii) 14.25(2)(b)(i) 5% 825,595,000 2002 2003 4 11

67 68208 2002 12 31 2003 4 11

68 2002 2001 4 4,659,956 4,956,992 2,077,069 2,314,526 6,737,025 7,271,518 (3,951,985) (4,258,508) 2,785,040 3,013,010 148,921 182,038 (223,945) (256,819) (512,986) (577,724) (346,381) (226,871) 6(d) 25,534 6(b) 636 6(c) (552) 7 1,850,733 2,159,168 9 (1,494,119) (1,566,474) 356,614 592,694 62,320 39,320 111,208 28,332 452,862 652,975 77,280 7,371 530,142 660,346 10 (96,058) (119,108) (17,234) (11,542) (113,292) (130,650) 416,850 529,696 (135,742) (244,154) 45 281,108 285,542 13 3.91 4.32 3.83 4.24

69 2002 2001 14 9,860,868 10,364,378 16 2,289,280 2,332,118 21 835 1,073 21 (131,246) (105,282) 18 1,019,064 972,344 19 423,617 641,163 20 77,340 191,901 22 33,244 50,245 23 13,628,236 14,123,023 24 1,954,103 1,428,877 29,155,341 29,999,840 15 69,600 173,147 20 58,005 53,697 25 884 1,424 22 151 17,585 29 1,470 1,601 30 8,726 15,493 31 401 69,600 32 135 26 476,387 515,373 27 686,778 925,890 28 17,513 66,305 28 1,770,910 1,538,442 3,090,825 3,378,692

70 2002 2001 34 (292,098) (287,289) (941,975) (1,036,953) (19,751) (28,628) 33 (405,172) (323,684) 31 (2,635) 32 (1,050) (64,069) 35 (1,034,019) (604,112) (2,696,700) (2,344,735) 394,125 1,033,957 29,549,466 31,033,797 35 (17,034,079) (18,420,810) 33 (198,373) (265,044) 41 (358,521) (558,869) 42 (2,285) (2,285) (17,593,258) (19,247,008) (2,540,825) (2,669,292) 9,415,383 9,117,497 43 2,581,857 2,567,157 45 6,833,526 6,550,340 9,415,383 9,117,497

71 2002 2001 1 1 9,117,497 8,517,133 45 (256) 475 45 49,096 45 281,108 285,542 45 15,685 45 2,366 (949) 39,026 43 15,617 210,600 43 (60) 12 31 9,415,383 9,117,497

72 2002 2001 530,142 660,346 1,494,119 1,566,474 (62,320) (39,320) (111,208) (28,332) (31,457) (60,692) 426,100 461,308 11,665 24,438 700 1,400 493,287 494,096 111,009 111,190 238 119 89,432 68,129 (2,763) 4,196 1,890 932 2,747 5,114 4,100 28,800 22,682 (21,000) 11,224 (3,761) (3,207) (8,000) 55,343 39,440 21,918 (19,140) (2,939) 8,481 9,079

73 2002 2001 13,857 20,518 3,087 110,253 8,327 10,871 40,906 24,394 4,616 (11,003) (10,286) (850) (34,447) (636) (25,534) 3,157,985 3,362,087 170,177 18,349 47 127 7,899 (6,651) 213,797 150,714 540 38,400 17,004 7,442 26,504 288,377 (176,810) 131 112 6,767 (13,541) (121,235) (835,627) 14,817 (12,799) 10,953 1,185 (135) (60,906) 64,069 1,063 2,635

74 2002 2001 3,438,363 2,895,114 31,457 67,889 (1,264,677) (1,621,521) (249,120) (268) 102,448 1,412 (213,338) (232,440) (5,341) (4,134) (92,179) (161,955) 1,747,613 944,097 (107,034) (135,028) (613,894) (477,180) 952 45,281 (22,256) (42,521) 12,461 18,930 71,343 49,871 46(b) 26,001 317,413 107,525 319,873 1,649 3,000 39,201 74,711 46(a) 57,153 (41) (352,188) 99,598

75 2002 2001 15,617 (60) 1,794 13,749,606 1,414,855 510,219 113,241 (2,283,830) (1,933,637) (148,106) (100,568) (137,067) (150,482) (12,394,956) (405,620) (233,094) (235,010) (200,348) (191,950) (37,690) (179) (1,159,649) (1,487,616) 235,776 (443,921) 1,534,634 1,978,311 244 1,770,410 1,534,634 1,400,275 1,254,119 370,135 282,871 (2,356) 1,770,410 1,534,634

76 2002 2001 14 5,887 9,557 17 9,041,124 9,362,317 19 115,152 89,583 24 154 2,584 9,162,317 9,464,041 22 17,338 29 1,470 1,601 31 40 13,002 6,112 88,761 28 469,101 149,102 476,723 269,804 32 (387) (53,415) (49,998) 35 (294,518) (2,356) (348,320) (52,354) 128,403 217,450 9,290,720 9,681,491 35 (1,539,827) (2,010,508) 41 (358,521) (558,869) 7,392,372 7,112,114 43 2,581,857 2,567,157 45 4,810,515 4,544,957 7,392,372 7,112,114

77 1 Alpha Universal Limited Alpha Universal 60%. 6(b) 6(c) 33 2003 2 26 2003 3 31 2002 12 31 900,000,000 375,100,000 100% 100% 24.8%

78 1 33 6(a) 2001 57.16% 6(d) 2 1 11 15 33 34 1 71

79 2 11 2 3 15 2001 3 332 6 34 44

80 3 2002 12 31

81 3 (a) (b) (c) 20% (d) 20% 20%

82 3 28 302001 1 1 30 2001 1 1 30

83 3

84 3 302001 1 1 30 2001 1 1 30

85 3 2% 20% 3.3% 10% 4% 25% 4% 32% 6% 30% 3.6%

86 3 1015 2002 1 1 18,677,000 10,859,000

87 3 20 20 2000 8 1830 30 5

88 3

89 3 424(a) 4 30 3

90 3 3 15 2 46(a)

91 3 24(c)

92 3 1115 2 2 11 15 2 46(a)

93 3

94 3 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j)

95 4

96 4 2002 2001 736,032 680,631 3,296,348 3,305,624 90,148 389,590 513,580 550,085 15,161 21,881 8,587 7,786 100 1,395 4,659,956 4,956,992 1,780,071 1,930,938 271,031 323,245 2,051,102 2,254,183 25,967 53,357 6,986 25,967 60,343 6,737,025 7,271,518

97 5 (i)(ii) (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix)

98 5 (i) 6(a) (ii) 6(a) (iii) 6(a) (iv) 6(a) (v) 6(a) (i) 6(b) Alpha Universal 60% (ii) 6(c) (iii) 6(d) 56.16%

99 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 300,965 302,495 90,148 391,292 8,587 7,785 2,831,978 2,727,623 464,370 578,001 78,614 72,625 454 2,835 1,953 4,031 1,923 37,166 163 1,446 12,472 937 26 209 71 558 2,401 383,351 377,553 94,179 393,424 45,824 8,506 2,833,424 2,727,623 466,771 590,473 142,165 199,462 (26,830 ) 76,101 35,699 (9,437 ) 1,621,343 1,454,411 (44,260 ) 211,879 62,320 39,320 (135) 4,502 2 52,976 49,992 26,539

100 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 212,615 248,580 736,032 673,311 100 1,395 15,161 26,510 4,659,956 4,956,992 1,675 11,339 80,289 83,964 652 6,914 652 7,368 3,186 1,694 5,723 2,189 409 801 4,668 55,188 25,471 856 (1,646 ) 2 23 (2,472 ) 3,268 1,795 2,438 218,332 259,967 741,757 675,500 100 1,827 14,142 41,360 4,797,880 5,076,233 73,432 34,527 27,690 16,328 (911 ) (26,481 ) (91,578 ) (42,862 ) 1,825,270 1,913,928 62,320 39,320 6,332 13,531 113,802 39,917

101 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 271,031 323,245 593,052 536,603 683,931 682,764 412,759 470,311 90,329 241,260 2,051,102 2,254,183 66,505 58,165 66,505 58,165 764 1,170 1,934 7,838 6,029 32,773 41,918 6,404 132 1,121 1,126 3,900 246 52,036 49,451 24 (201 ) (387 ) (217 ) (345 ) 2,038 (222 ) 5,141 (297 ) (243 ) (1,227 ) 6,518 278,893 329,073 625,438 579,068 756,495 743,099 413,658 477,748 93,932 241,263 2,168,416 2,370,251 (9,160 ) 30,590 103,682 69,766 67,712 47,551 (39,612 ) (10,164 ) (24,562 ) 12,557 98,060 150,300 1,843 1,857 (4,437 ) (13,424 ) (18 ) (2,594 ) (11,565 )

102 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 17,665 31,358 8,302 21,999 6,986 25,967 60,343 6,737,025 7,271,518 (146,794 ) (142,129 ) (652 ) (9,302 ) 2,308 2,391 109 2,308 2,500 109,532 77,422 (42 ) (163 ) (42 ) (163 ) 526 8,793 19,931 33,586 8,302 21,999 7,095 28,233 62,680 (147,446 ) (151,431 ) 6,847,083 7,357,733 (439 ) (26,745) (89 ) (9,524 ) (4,968 ) (528 ) (41,237 ) 27,331 1,922,802 2,050,322 39,499 121,357 (111,568 ) (12,511 ) 1,850,733 2,159,168 (1,494,119 ) (1,566,474 ) 62,320 39,320 111,208 28,332 530,142 660,346 (113,292 ) (130,650 ) 416,850 529,696 (135,742 ) (244,154 ) 281,108 285,542

103 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 3,553,361 3,674,270 80,767 216,316 205,934 220,560 21,174,115 21,517,287 610,315 790,955 89,852 89,516 197,213 297,705 275,151 1,019,064 972,344 394,315 448,712 38,191 59,064 79,693 95,735 164,728 280,979 264,572 264,831 6,388 7,431 150 4,888 7,790 8,098 779,981 786,695 44,241 45,038 4,712 5,624 28,800 22,682 (21,000 ) 89,432 68,129 131 7,038 730 1,066 604,042 513,439 36,319 28,086

104 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 1,760,717 1,812,147 136,229 121,075 920 1,486 503,112 245,351 28,025,470 28,599,447 25,153 21,988 3,647 412,710 587,515 1,019,064 972,344 38,708 43,655 177,445 119,879 678 316 74,154 60,237 1,232,484 1,373,408 14,134 14,436 25,493 8,645 16 9,039 16,245 887,216 891,492 1,640 247 33,512 30,193 (3,761 ) (24,761 ) 5,518 8,925 7,421 4,360 96,853 86,932 10,913 18,245 2,613 7,792 15,245 2,624 669,263 579,020

105 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 123,738 227,669 1,409,329 1,302,148 736,086 895,220 414,904 380,977 2,964 111,621 2,687,021 2,917,635 10,907 10,651 42,997 10,907 53,648 131,128 144,536 220,283 209,080 168,148 181,965 79,625 42,376 2,475 7,298 601,659 585,255 11,630 14,573 88,963 123,362 38,792 40,788 15,294 17,615 46 240 154,725 196,578 46,992 5,600 2,146 3,704 1,493 22,991 50,631 32,295 3,294 2,672 1,071 11,930 11,796 29,169 3 41,099 18,836 1,802 9,336 26,073 9,800 8,405 3,131 15,039 9,745 13 51,319 32,025

106 5 (a) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 25,682 7,902 33,584 (10,132 ) (18,634 ) 30,702,359 31,532,032 423,617 641,163 1,019,064 972,344 101,126 230,637 2,356 32,246,166 33,378,532 10,760 1,734 12,494 (10,132 ) (18,634 ) 1,824,011 1,952,523 18,465,947 19,636,864 2,356 20,289,958 21,591,743 1,058 3,401 670 291 1,058 4,362 1,042,999 1,092,432 119 1,042,999 1,092,551 11,225 3,733 14,958 84,143 77,446 112,143 22,850 196,286 100,296 (24,761 ) (19,140 ) (43,901 ) 3,671 713 2,767 713 6,438 138,665 112,206 342 989 4 174 346 1,163 720,928 612,208

107 5 (b) 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 476,235 608,580 6,246,485 6,661,172 14,305 1,766 6,737,025 7,271,518 8,557 8,803 104,251 63,964 3,917 4,655 116,725 77,422 (2,762 ) 752 3,498 4,815 (210 ) 3,226 526 8,793 464,916 618,135,6,354,234 6,729,951 18,012 9,647 6,854,276 7,357,733 2,523,300 2,715,171 28,087,858 28,796,792 19,062 22,943 (3,756 ) (2,874 ) 30,626,464 31,532,032 6,071 24,852 714,857 586,517 839 720,928 612,208

108 6 (a) 1 2003 2 26 1,451,226,000 Guangdong Brewery Holdings Limited 900,000,000 375,100,000 100% 100% 24.8% 51% 67,915,000 (i) 1,036,190,000(ii) 415,036,000

109 6 (a) 2003 4 30 2003 12 31 2003 3 31 (b) Alpha Universal Limited Alpha Universal 60% 2002 6 Alpha Universal Alpha Universal 60% 6,596,000 Alpha Universal 2002 7 Alpha Universal 60% 636,000 Alpha Universal (c) 2002 6 2002 6 30 552,000

110 6 (d) 57.16% 2001 2 10 Hi Sun Limited 57.16% 31,483,000 2001 3 3 358,000,000 185,000,000 2000 12 22 19,819,000 2001 3 3 25,534,000 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 1,409,329 1,345,145 412,865 378,980 1,219 109,694 736,086 886,608 134,645 238,320 2,694,144 2,958,747 (221,457 ) (207,494 ) (138,895 ) (121,428 ) (605 ) (78,691 ) (316,831 ) (486,117 ) (172,523 ) (374,772 ) (850,311 ) (1,268,502 ) 1,187,872 1,137,651 273,970 257,552 614 31,003 419,255 400,491 (37,878 ) (136,452 ) 1,843,833 1,690,245

111 6 2002 12 31 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 182,264 183,186 19,682 5,419 (22,082 ) 63,799 160,645 (28,227 ) 53,403 60,780 393,912 284,957 (6,036 ) (8,847 ) (10,333 ) (9,568 ) 1,778 152 (8,258 ) (1,109 ) (553 ) (2,625) (23,402 ) (21,997 ) (266,737 ) (47 ) 7,261 (31,275 ) (61,220 ) (160,720 ) (35,739 ) (69,262 ) (95,077 ) (261,304 ) (451,512 ) 176,228 (92,398 ) 9,302 3,112 (51,579 ) 2,731 (8,333 ) (65,075 ) (16,412 ) (36,922 ) 109,206 (188,552 )

112 6 2002 12 31 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 593,052 536,603 412,759 470,311 90,329 241,260 683,931 682,764 271,031 323,245 2,051,102 2,254,183 (351,680 ) (329,363 ) (416,233 ) (430,140 ) (84,761 ) (222,744 ) (560,662 ) (569,851 ) (227,360 ) (198,931 ) (1,640,696 ) (1,751,029 ) 241,372 207,240 (3,474 ) 40,171 5,568 18,516 123,269 112,913 43,671 124,314 410,406 503,154 34,034 44,274 1,080 7,808 3,775 1,202 6,368 2,636 9,242 7,958 54,499 63,878 (133,960 ) (130,457 ) (2,318 ) (2,635) (311 ) (671 ) (34,131 ) (28,604 ) (4,794 ) (6,758 ) (175,514 ) (169,125) (36,504 ) (44,097 ) (12,036 ) (26,886 ) (4,252 ) (7,004 ) (25,082 ) (34,046 ) (47,907 ) (59,427 ) (125,781 ) (171,460 ) (5,600 ) (22,685 ) (28,252 ) (29,169 ) 1,470 (2,342 ) (4,882 ) (7,992 ) (24,495) (62,188 ) (61,759 ) 104,942 71,360 (39,433 ) (9,794 ) (24,389 ) 13,513 68,082 48,017 (7,780 ) 41,592 101,422 164,688 (7,857 ) (5,063 ) (5,582 ) (4,471 ) (8,754 ) (10,200 ) (43,761 ) (1,611 ) (36,127 ) (21,345 ) (102,081 ) (4,437 ) (13,424 ) (18 ) 2,016 (2,421 ) (13,442 ) 100,505 50,079 (44,496 ) (15,376 ) (28,860 ) 4,741 57,882 4,256 (7,375 ) 5,465 77,656 49,165 (11,329 ) (12,067 ) (8 ) 96 (5,190 ) (1,420 ) (715 ) 1,857 (17,234 ) (11,542 ) 89,176 38,012 (44,496 ) (15,384 ) (28,860 ) 4,837 52,692 2,836 (8,090 ) 7,322 60,422 37,623 (29,450 ) (12,248 ) (19,349 ) (3,625) (57 ) (662 ) (48,856 ) (16,535 ) 59,726 25,764 (44,496 ) (15,384 ) (28,860 ) 4,837 33,343 (789 ) (8,147 ) 6,660 11,566 21,088

113 6 2002 2001 2002 2001 2002 2001 2002 2001 25,682 7,902 33,584 (11,587) (1,734) (13,321) 14,095 6,168 20,263 2002 12 31 2002 2001 2002 2001 2002 2001 2002 2001 (608) (1,577) (287) (2,111) (2,061) (895) (5,749) (317) (958) 154 (174) 565 (163) (567) 258 258 (925) (2,535) (133) (2,285) (1,238) (1,058) (6,058)

114 6 2002 12 31 2002 2001 2002 2001 2002 2001 2002 2001 17,665 31,358 8,302 21,999 6,986 25,967 60,343 (5,985) (10,596) (6,067) (20,482) (6,705) (12,052) (37,783) 11,680 20,762 2,235 1,517 281 13,915 22,560 2,332 3,011 157 341 26,209 2,489 29,561 (7,259) (12,176) (832) (2,036) (8,091) (14,212) (7,144) (14,550) (760) (1,842) (5,359) (7,904) (21,751) (24) (45,091) (732) (7,163) (756) (52,254) (415) (48,044) 68 (9,183) 21,131 (347) (36,096) (29) (882) (4,816) (29) (5,698) (444) (48,926) 68 (9,183) 16,315 (376) (41,794) (444) (48,926) 68 (9,183) 16,315 (376) (41,794) 177 5,575 150 177 5,725 (267) (43,351) 68 (9,183) 16,465 (199) (36,069)

115 7 2002 2001 2,385,997 2,641,565 426,100 461,308 * 4,998 12,915 * 6,667 11,523 * 493,287 494,096 * 700 1,400 * 111,009 111,190 16,916 15,462 589 16,916 16,051 6,500 7,150 8 373,607 469,299 30,511 28,772 (943) (1,109) # 29,568 27,663 403,175 496,962 * #

116 7 2002 2001 21 238 119 16 89,432 68,129 14 (2,763) 4,196 1,890 932 2,747 5,114 4,100 15 28,800 22,682 15 (21,000) 11,224 (3,761) (3,207) (8,000) 14 55,343 39,440 21,918 (19,140) 8,481 9,079 13,857 20,518 3,087 260 8,327 10,871 40,906 24,394 20 110,253 4,616

117 7 2002 2001 278,568 259,962 (14,547) (17,299) 264,021 242,663 21 * 11,003 10,286 37,975 28,153 17 850 2,939 34,447 26,240 500 1,500 19 3,900 31,457 60,692 526 8,793 *

118 8 5 (a) 161 2002 2001 800 800 800 800 3,343 2,872 708 157 583 102 583 102 5,434 3,931 2002 2001 1,000,000 13 13 1,000,001 1,500,000 2 1,500,001 2,000,000 1 1 16 14

119 8 5 85,000,000 2001 57,000,000 44(a) (b) 5 2 2001 13 2001 4 2002 2001 3,068 5,434 1,415 1,281 71 68 4,554 6,783 3 2001 4 2002 2001 1,000,001 1,500,000 2 2 1,500,001 2,000,000 1 1 2,500,001 3,000,000 1 3 4

120 8 5 4,000,000 2001 2,400,000 3 2 2001 4 2 445 9 2002 2001 5 140,552 406,368 5 1,103,052 1,122,628 41 21,073 46,706 268 1,264,677 1,575,970 24(c) (34,006) (11,768) 1,230,671 1,564,202 39(b)(iii) 14,328 2,272 39(b)(iii) 136,266 112,854 1,494,119 1,566,474

121 10 16% 2001 16% 2002 2001 4,795 5,912 84,039 110,261 468 400 89,302 116,573 7,701 3,291 16,289 10,786 113,292 130,650 11 2002 12 31 143,201,0002001 9,229,000 12 43 2001 2002 12 31 43 92,236,000 2001 70,448,000 1998 10 7

122 13 2002 12 31 2001 2002 2001 281,108 285,542 (53,048) (52,051) (21,788) (21,352) 206,272 212,139 5,141,494,726 4,891,876,282 137,500,000 16,500,000 5,278,994,726 4,908,376,282 5,141,494,726 4,891,876,282 48,915,741 44,895,774 198,000,000 66,000,000 5,388,410,467 5,002,772,056

123 13 2000 GH Water Supply (Holdings) Limited 81% 2000 12 22 5 6,600 2000 12 22 2000 9 15 2001 9 2002 3 2002 9 2003 3 34 2003 12 214 4 2.64 4 2004 45(b) 3 1.98 4 6,600 2003 3

124 14 1,689,578 5,501,425 1,410,589 2,443,051 279,444 137,322 154,843 219,399 536,507 12,372,158 9,142 38,221 8,353 7,661 2,201 43,520 109,098 (5,277 ) (2,579 ) (7,856 ) 730 18,066 23,413 3,997 3,044 752 5,826 49,740 ) (53,891 ) (56,225 ) (234 ) (32,029 ) (10,762 ) (18,126 ) (8,253 ) (179,520 ) (3,700 ) (2,651 ) (1,322 ) (5,334 ) (519 ) (13,526 ) 2,763 2,763 (282 ) (557 ) (942 ) (44 ) (37 ) (39 ) (105) (278 ) (2,284 ) 2002 12 31 1,638,168 5,445,538 1,428,421 2,469,063 279,666 118,442 148,985 225,120 527,430 12,280,833 525,505 59,992 967,249 219,191 108,537 103,198 24,108 2,007,780 188,329 41,913 139,346 18,009 12,334 18,219 7,950 426,100 (807 ) (807 ) (4,446 ) 1,4155,342 (1,384 ) (927 ) (2,946 ) (98 ) (22,046 ) (8,554 ) (17,518 ) (6,976 ) (58,138 ) 52,476 1,534 1,298 35 55,343 (44 ) (2,651 ) (996 ) (5,069 ) (506 ) (9,266 ) (483 ) (450 ) (33 ) (28 ) (29 ) (24 ) (1,047 ) 2002 12 31 757,584 101,807 1,084,397 234,257 96,907 112,979 32,034 2,419,965 2002 12 31 1,638,168 4,687,954 1,326,614 1,384,666 45,409 21,535 36,006 193,086 527,430 9,860,868 2001 12 31 1,689,578 4,975,920 1,350,597 1,475,802 60,253 28,785 51,645 195,291 536,507 10,364,378

125 14 55,343,000 2002 12 31 2002 2001 2002 2001 686,035 733,951 404,149 465,501 394,834 394,834 6,399 4,882 20,468 25,638 557,299 560,793 4,254,404 4,476,292 2,534 3,607 1,638,168 1,689,578 4,687,954 4,975,920 2002 12 31 1,638,168,0002001 1,689,578,000 2,763,000 1,638,168,0002001 1,689,578,000

126 14 11,157 10,311 612 22,080 160 160 (102) (102) 2002 12 31 11,21510,311 612 22,138 8,405 3,506 612 12,523 1,298 2,524 3,822 (94) (94) 2002 12 31 9,609 6,030 612 16,251 2002 12 31 1,606 4,281 5,887 2001 12 31 2,752 6,805 9,557

127 15 2002 2001 173,147 406,956 198,583 (229,167) (170,410) (74,711) (30,852) 7 (28,800) (22,682) 21,000 (36) (281) 12 31 69,600 173,147 2002 2001 64,000 64,000 5,600 85,147 24,000 12 31 69,600 173,147 28,800,0002001 22,682,000

128 16 2002 2001 2,332,118 2,894,255 30,000 7,549 48,896 (500) (352,800) (29,000) (1,649) (3,000) (178,480) (77,643) (47,753) (595) 12 31 2,289,280 2,332,118 12,670 16,858 370,400 458,250 5,570 6,080 1,900,640 1,850,930 12 31 2,289,280 2,332,118 2002 12 31 89,432,000 77,643,000 11,789,000 214 215

129 17 2002 2001 726,825 726,825 6,107,276 6,329,401 6,834,101 7,056,226 5,570,624 6,278,126 (837,840) (1,446,274) 11,566,885 11,888,078 (2,525,761) (2,525,761) 9,041,124 9,362,317 12 31 504,018 536,271

130 17 Bateson Developments 9 100% 100% Limited 91 3 100% 2 71.56% 2 100% 2 * GH Water Supply 1,000,000 82.42% 82.42% (Holdings) Limited 100 A 10 B 2 71.56% 840,000,000 8.77% 62.77% (1) Guangdong Brewery 125,000,000 72% 72% Holdings Limited

131 17 3,500,000 100% 100% 2,000,000 2 100% 5,000,000 10,000 100% 100% Guangdong Investment 2 100% 100% Finance (Cayman) Limited Guangdong Nan Fang 10,000 56.34% 56.34% (Holdings) Co. Ltd. Guangdong Parking 10 60% Limited Guangdong Power 44,078,850 51% 51% (International) Limited 2 100% 100% 52,415,400 71.56% 71.56%

132 17 8,000,000 76.92% (4) 100,000 100% * 6,116,000,000 81.60% (2) 93,200,000 70% (2) (1) 28,380,000 51.6% (1) 11,000,000 51.6% 1,000,000 71.56% 75,000,000 80% (2)

133 17 (3) 8,000,000 71.56% (3) 26,000,000 51% Prized Time Limited 2 71.56% 2,500,000 71.56% (2) Sen International 2 100% Ventures Corporation (Hong Kong) Limited D (1) 51,500,000 45.9% 114,787,016 99% 99% (2) (1) 50,000,000 68.4% 12,000,000 62.64% (1)

134 17 12,000,000 62.64% (1) 12,000,000 62.64% (1) 30,000,000 100% 100% 6,000,000 100% 100% (2) Time Wise Profits Limited 1 71.56% 18,000,000 71.56% (3) 12,000,000 71.56% (3) (3) 10,000,000 100% 2 100% 100%

135 17 100 95% 95% 5,655,050 71.56% (3) * Ernst & Young International (1) (2) (3) (4)

136 17 2002 2001 2002 2001 231,671 (483,888) (752,130) 209,731 477,973 268,242 (274,157) (274,157) 499,913 582,885 582,885 582,885 582,885 308,728 308,728 582,885 1,082,798 (308,728) (308,728) (582,885) (1,082,798) # 70% 500,000,000 2 100% #

137 17 2001 7 27850,000 56.01% 2002 4 850,000 18 2002 2001 775,448 720,829 243,616 251,515 1,019,064 972,344 Guangdong Transport 100,000 51% Investment (BVI) Company Limited

138 18 2002 2001 21,862 32,348 107,101 70,645 2002 2001 2,565,303 2,676,766 86,151 101,074 (56,964) (763,855) (1,074,004) (600,600) 1,520,486 1,413,385

139 19 2002 2001 2002 2001 115,062 3,968 431,014 282,186 9,266 472,745 90 254,116 (9,135) (46,821) (119) 431,145 708,110 115,152 257,965 (7,528) (104,637) (168,382) 423,617 603,473 115,152 89,583 35 37,690 12 31 423,617 641,163 115,152 89,583 3 30 2001 1 1 2001 1 1 2002 12 13 2001 12 314% 2001 1 Hennessy International Group, Inc. HIGI HIGI 2,250,000HIGI HIGI 23.85%

140 19 2002 8 16 HIGI 500,000 HIGI 2002 12 31 24.8% 21.97% Guangdong Power 49% 49% Investment Limited 11.48% 46%

141 20 2002 2001 271,152 271,152 (271,152) (231,126) 40,026 135,345 135,345 70,227 70,227 (70,227) 12 31 135,345 245,598 (58,005) (53,697) 77,340 191,901 2.71 2013 14.25% 1998 4 102003 1 157,710,000 53(i) 110,253,000

142 21 2002 1 1 1,192 (115,568) (36,967) 2002 12 31 1,192 (152,535) 119 (10,286) 238 (11,003) 2002 12 31 357 (21,289) 2002 12 31 835(131,246) 2001 12 31 1,073 (105,282) 0.99% 22,256,000 2002 12 31 82.42% 36,967,000 3 30 2001 1 1

143 21 2001 1 1 2002 12 31 1,259,300 (1,897,463) 2002 12 31 (1,018,662) 2002 2001 12 31 240,638 (1,897,463)

144 22 2002 2001 2002 2001 134,491 146,952 (101,247) (99,357) 33,244 47,595 132 247 19 19,988 17,338 12 31 33,395 67,830 17,338 (151) (17,585) (17,338) 33,244 50,245 12 31 132 247 2002 12 3124.5% 18,646,000

145 23 14,798,611 40,000 14,838,611 (40,000) (40,000) 2002 12 31 14,798,611 14,798,611 677,088 38,500 715,588 493,287 700 493,987 (39,200) (39,200) 2002 12 31 1,170,375 1,170,375 2002 12 31 13,628,236 13,628,236 2001 12 31 14,121,523 1,500 14,123,023 2002 12 31 81.6% 2000 8 18 30 24.23 2000 8 18 30

146 24 2002 2001 2002 2001 (a) 180,656 291,665 (b) 452,773 452,773 (c) 1,406,681 775,248 15,778 5,975 8,312 13,313 154 2,584 2,064,200 1,538,974 154 2,584 (a) (110,097) (110,097) 1,954,103 1,428,877 154 2,584 (a) 2000 8 18 4 2000 8 184 111,009,0002001 111,190,000 2002 12 31 110,097,000 (b) 42000 8 18304 2000 8 2004

147 24 (c) 2000 8 18 2000 12 15 4 4 47 34,006,0002001 11,768,000 5.184% 2001 5.589% 25 2002 2001 884 1,424 12 31 884 1,424 12 245 312 12 639 1,112 884 1,424

148 26 2002 2001 238,428 230,420 72,861 56,892 157,214 202,915 7,884 25,146 12 31 476,387 515,373 2002 12 3153,937,0002001 67,728,000 27 2002 12 31 660,574,0002001 846,765,000 30 180

149 27 2002 12 31 2002 2001 3 379,895 540,609 3 6 3,948 6,496 6 1 32,765 16,432 1 243,966 283,228 660,574 846,765 (275,291) (305,205) 385,283 541,560

150 28 2002 2001 2002 2001 1,412,667 1,258,150 426,444 123,263 375,756 346,597 42,657 25,839 1,788,423 1,604,747 469,101 149,102 (17,513) (66,305) 12 31 46(c) 1,770,910 1,538,442 469,101 149,102 2002 12 31510,000,0002001 309,000,000 268,000,000 2001 365,000,000 268,000,0002001 365,000,000 2000 12 22 2002 12 31127,545,0002001 130,766,000

151 29 161B 2002 2002 12 31 1 1 Eken Development Limited * 1,470 1,601 1,601 * 2% 10 30 31 2002 12 31 44,949,0002001 67,965,00044,949,0002001 48,156,000 LIBOR1.8%HIBOR 1.8% 2002 12 31

152 32 2002 2001 2002 2001 1,050 64,069 387 35 626,623 113,241 568,000 12 31 627,673 177,310 568,387

153 32 568,000,0002001 1%58,623,000 4%2002 9 2001 113,241,000 2002 2001 2002 2001 1 305,316 25,610 294,518 2 10,798 25,208 3 5 305,303 46,813 273,482 5 5,206 15,610 626,623 113,241 568,000 (305,316) (25,610) (294,518) 321,307 87,631 273,482

154 33 2002 2001 35 7,047 35,401 42,448 42,448 42,448 405,172 323,684 198,373 265,044 603,545 588,728 645,993 631,176

155 33 2002 2001 1 412,219 323,684 2 128,506 184,729 3 5 97,510 108,378 5 7,758 14,385 645,993 631,176 2002 12 30 2% 1.8%2001 2% 34 12 31 2002 2001 3 214,383 225,692 3 6 14,064 6,178 6 1 2,330 1,648 1 61,321 53,771 292,098 287,289

156 35 2002 2001 36 721,656 14,343,728 15,065,384 540,812 3,058,193 3,599,005 37 417,085 417,085 650,179 650,179 38 245,282 245,282 382,349 382,349 39 1,406,242 1,406,242 13,786,870 13,786,870 40 265,034 265,034 413,140 413,140 32 305,316 321,307 626,623 25,610 87,631 113,241 33 7,047 35,401 42,448 42,448 42,448 19 37,690 37,690 12 31 1,034,019 17,034,079 18,068,098 604,112 18,420,810 19,024,922

157 35 2002 2001 36 663,612 663,612 2,356 1,070,956 1,073,312 38 245,282 245,282 382,349 382,349 39 92,417 92,417 144,063 144,063 40 265,034 265,034 413,140 413,140 32 294,518 273,482 568,000 12 31 294,518 1,539,827 1,834,345 2,356 2,010,508 2,012,864 36 2002 2001 2002 2001 14,448,708 2,273,331 114,854 213,036 616,676 1,325,674 548,758 860,276 12 31 15,065,384 3,599,005 663,612 1,073,312

158 36 2002 2001 2002 2001 1 721,656 540,812 2,356 2 677,238 697,691 228,971 3 5 2,483,810 1,883,493 663,612 841,985 5 11,182,680 477,009 15,065,384 3,599,005 663,612 1,073,312 (721,656) (540,812) (2,356) 14,343,728 3,058,193 663,612 1,070,956 2002 12 31 2,244,731,000 21,250,0002001 40,429,000 2002 11 27 128 A20 B 2002 12 31A119.44 A A C75.88% B39A 1.399% 18 2003 12

159 36 2002 12 31 B 8 B B 1%2013 A B 2002 12 31A35 39b(iii) 37 2005 2002 2001 1 2 139,008 3 5 417,085 511,171 417,085 650,179 417,085 650,179 2000 12 13 2002 2002

160 37 2000 11 16 1997 7 7 Guangdong Investment Finance (Cayman) Limited GIFL 130,000,000 2002 1% 2002 2002 7 7 2002 2002 100% 1200213.75 2002 138.748% GIFL 20022000 11 16 2002 20052005 2000 12 13 20022000 12 22 2002 2005 6 302005 9 30 2002 2002 2005 2005 2005 2.375% 1,017,500,0002% 2005 6 302005 9 30 2.375%

161 37 GIFL 2003 4 1 2005 2003 5 2 2005 2005 53,472,388 38 2002 2001 2000 22,469 35,024 2001 222,813 347,325 12 31 245,282 382,349 2002 2001 1 2 81,746 3 5 245,282 300,603 245,282 382,349 245,282 382,349 2000 12 132000 2001 2000 11 21

162 38 1995 9 20 50,000,0002000 9 2000 250,0002000 1.3% 2000 2000 9 1996 11 15 100,000,0002001 11 2001 2001 2001250,0002001 1.4% 2001 2001 11 2000 12 13 2000200120002001 2000 12 22 50,000,000 2005 2000 100,000,000 2005 2001 2000 200120002001 2001 2000 2001 2005 6 302005 9 30 2.375% 1,017,500,000 2% 2005 6 302005 9 30 2.375% 2000 2001 1 2001 3 26 2001 5 15

163 38 2002 12 31 2000 2001 2,880,0002001 4,490,000 28,566,0002001 44,529,0002000 2001 250,000 39 2002 2001 (a) 92,417 92,417 144,063 144,063 (b) 1,313,825 1,313,825 13,642,807 13,642,807 12 31 1,406,242 1,406,242 13,786,870 13,786,870 12 31 92,417 92,417 144,063 144,063 (a) 2.375% 1,017,500,000 2% 2005 6 302005 9 30 2.375%

164 39 (a) 2002 12 31 2002 2001 1 2 30,801 3 5 92,417 113,262 92,417 144,063 92,417 144,063 (b) 3 3 A B C (i) A A5,448,300,000 8%1010 112001 12 A (ii) B B5,448,300,000 8% 2010 B 4,134,475,000 2002 12 31 B 1,313,825,000

165 39 (b) 3 3 A B C (iii) C C 17.75853,103,400,000 7%2008C 2000 12 20 C 8%1 7.8 2001 12 31 C17.8 2001 12 31 14,328,000 C 14,328,000 C C4

166 39 (b) 3 3 A B C (iii) C 2002 12 20C 136,266,000 3,500,000,000 2012 12 20 36 51(ii) A B C 2002 12 31 A B C 2001 1,810,375,000 40 2002 2001 1 2 88,329 3 5 265,034 324,811 265,034 413,140 265,034 413,140

167 40 41 2002 2001 1 1 558,869 750,819 (200,348) (191,950) 12 31 358,521 558,869 1 2 358,521 119,486 3 5 439,383 12 31 358,521 558,869 358,521 558,869 2000 12 22

168 41 2.375% 2.375% 1,017,500,000 2% 2002 12 31 18,408,0002001 31,443,000 42 2001

169 43 2002 2001 8,000,000,000 0.50 4,000,000 4,000,000 200,000 1.003 1 /4% 1,549 1,549 4,001,549 4,001,549 5,162,382,672 2001 5,132,982,672 2,581,191 2,566,491 85,949 2001 85,949 666 666 2,581,857 2,567,157 2001 1 1 4,867,636,920 2,433,818 5,841,351 8,275,169 (i) 2,095,752 1,048 6,706 7,754 2005 (ii) 263,250,000 131,625 78,975 210,600 (60) (60) 2001 12 31 2002 1 1 5,132,982,672 2,566,491 5,926,972 8,493,463 (iii) 29,400,000 14,700 917 15,617 2002 12 31 5,162,382,672 2,581,191 5,927,889 8,509,080

170 43 (i) 2001 6 1 6 13 3.72,095,752 1 1,000 (ii) 2001 11 30 2005 27,000,0002005 0.80 263,250,000 (iii) 29,400,000 0.531244 29,400,000 15,617,000 2001 1 1 86,950 674 672,888 673,562 (1,001) (8) (7,746) (7,754) 2001 2002 12 31 85,949 666 665,142 665,808 1,000 3 1 /4% 2003 4 8 139,564% 9.6%3.7 2000 12 22 7.74654 1

171 43 2003 4 7139.564% 2002 9 16 135% 2003 4 82004 4 7 6.60% 2003 4 82004 4 7 3,600,000 2002 8 7 8 19 2002 8 23 2003 2 8 100% 85,949179,947,936 3.37% 2003 3 31 44

172 43 Citibank N.A. 1994 8 5 16,000,000 160,000,000 2003 2 24 44 342 3 (a) 2002 5 31 1994 2 2 80%

173 44 (a) 2002 5 31 2002 6 310 30% 10% 10% 2002 12 31 349,348,939 6.77% 1% 0.1% 5,000,000

174 44 (a) 141 10 (i) (ii) (iii) *** 2002 2002 1 1 ## 12 31 * # ** 12,000,000 12,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 9,000,000 9,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 6,000,000 6,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 12,000,000 12,000,000 10.08.2001 11.02.2002 0.5312 0.67 10.02.2007 9,000,000 9,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 6,000,000 6,000,000 04.12.2002 05.03.2003 0.96 0,96 04.03.2008 5,000,000 5,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,000,000 1,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008

175 44 (a) *** 2002 2002 1 1 ## 12 31 * # ** 1,000,000 1,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,000,000 1,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,000,000 1,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 12,000,000 12,000,000 10.08.2001 11.02.2002 0.5312 0.67 10.02.2007 9,000,000 9,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 6,000,000 6,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,500,000 1,500,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,500,000 1,500,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,500,000 1,500,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 12,000,000 12,000,000 10.08.2001 11.02.2002 0.5312 0.67 10.02.2007 9,000,000 9,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 6,000,000 6,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,500,000 (500,000) 1,000,000 10.08.2001 11.02.2002 0.5312 0.67 10.02.2007 1,500,000 1,500,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,500,000 1,500,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008

176 44 (a) *** 2002 2002 1 1 ## 12 31 * # ** 1,000,000 1,000,000 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 1,000,000 1,000,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 1,000,000 1,000,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 56,000,000 85,000,000 (500,000) 140,500,000 1,490,000 (1,490,000) 09.12.1996 10.06.1997 4.536 5.90 09.06.2002 6,005,000 (3,300,000) 2,705,000 18.02.1998 19.08.1998 2.892 3.70 18.08.2003 5,350,000 (2,500,000) 2,850,000 16.03.1998 17.09.1998 3.024 3.75 16.09.2003 129,500,000 (10,400,000) (28,900,000) 90,200,000 10.08.2001 11.02.2002 0.5312 0.67 10.02.2007 1,000,000 (1,000,000) 01.11.2001 02.05.2002 0.74 0.74 01.05.2007 14,300,000 (500,000) 13,800,000 07.05.2002 08.11.2002 0.814 0.81 07.11.2007 67,900,000 67,900,000 04.12.2002 05.03.2003 0.96 0.96 04.03.2008 31,393,939 31,393,939 03.06.2002 21.12.2002 0.816 0.81 03.06.2007 143,345,000 113,593,939 (19,190,000) (28,900,000) 208,848,939 199,345,000 198,593,939 (19,190,000) (29,400,000) 349,348,939 * ** *** # ## 2002 12 4 1.00

177 44 (b) 2002 5 311997 7 22 80% 2002 5 31 2003 1 1010 30% 10% 10% 2002 12 31 21,050,000 1.68%

178 44 (b) 1% 0.1%5,000,000 141 10 (i) (ii) (iii)

179 44 (b) 2002 2002 1 1 12 31 * # ** *** 17,000,000 17,000,000 10.10.2001 11.04. 2002 0.383 0.38 10.04. 2007 1,200,000 1,200,000 20.08.1997 20.02.1998 2.100 2.725 19.02. 2003 18,200,000 18,200,000 2,650,000 (200,000) 2,450,000 20.08.1997 20.02.1998 2.100 2.725 19.02. 2003 5,400,000 (5,000,000) 400,000 10.10.2001 11.04.2002 0.383 0.38 10.04. 2007 8,050,000 (5,200,000) 2,850,000 26,250,000 (5,200,000) 21,050,000 * ** *** #

180 44 (c) 2002 5 311996 11 26 80% 2002 5 31 2003 1 1310 30% 10% 2002 12 31

181 44 (c) 1% 0.1%5,000,000 141 10 (i) (ii) (iii)

182 44 (c) 2002 2002 1 1 12 31 * # ** *** 500,000 (500,000) 15.01.1997 15.01.1997 1.3936 2.05 14.01. 2002 500,000 (500,000) 3,900,000 (3,900,000) 15.01.1997 15.07.1997 1.3936 2.05 14.01. 2002 2,000,000 (2,000,000) 27.05.1997 27.11.1997 2.2240 3.625 26.05. 2002 5,900,000 (5,900,000) 6,400,000 (6,400,000) * ** *** #

183 45 45(b) 45(a) 2001 1 1 672,888 5,841,351 3,913,564 95,139 (121,692) 145,993 (4,464,602) 6,082,641 45(a) 49,096 49,096 45(a) (145,993) 145,993 43(i) (7,746) 6,706 (1,040) (60) (60) 285,542 285,542 2005 43(ii) 78,975 78,975 30,720 (30,720) 15,685 15,685 45(c) 21,024 (18,670) (2,354) (38,450) (8,447) 53,445 32,478 39,026 475 475 121,440 (121,440) 2001 12 31 665,142 5,926,972 121,440 3,790,383 98,742 (67,772) (3,984,567) 6,550,340 665,142 5,926,972 121,440 3,790,383 90,197 (62,778) (4,096,971) 6,434,385 4,112 (4,994) 40,862 39,980 4,433 71,542 75,975 2001 12 31 665,142 5,926,972 121,440 3,790,383 98,742 (67,772) (3,984,567) 6,550,340

184 45 45(b) 45(a) 2002 1 1 665,142 5,926,972 121,440 3,790,383 98,742 (67,772) (3,984,567) 6,550,340 43(iii) 917 917 281,108 281,108 50,345 (50,345) (3,221) 2,366 3,221 2,366 (553) (949) 553 (949) (256) (256) 121,440 (121,440) 2002 12 31 665,142 5,927,889 242,880 3,668,943 145,313 (66,611) (3,750,030) 6,833,526 665,142 5,927,889 242,880 3,668,943 130,309 (61,829) (3,975,263) 6,598,071 10,571 (4,782) 99,072 104,861 4,433 126,161 130,594 2002 12 31 665,142 5,927,889 242,880 3,668,943 145,313 (66,611) (3,750,030) 6,833,526

185 45 45(b) 45(a) 2001 1 1 672,888 5,841,351 1,733,711 (14,813) 145,993 (4,091,813) 4,287,317 45(a) 49,096 49,096 45(a) (145,993) 145,993 43(i) (7,746) 6,706 (1,040) (60) (60) 121,440 121,440 9,229 9,229 2005 43(ii) 78,975 78,975 2001 12 31 2002 1 1 665,142 5,926,972 121,440 1,733,711 (14,813) (3,887,495) 4,544,957 43(iii) 917 917 121,440 121,440 143,201 143,201 2002 12 31 665,142 5,927,889 242,880 1,733,711 (14,813) (3,744,294) 4,810,515 (a) 28 2001 12 31 28 2001 1 1 49,096,000 5(A)(x)(viii)

186 45 2001 1 1 2001 12 31 (b) 13 23 2000 12 225 66,000,000 2000 9 15 42003 12 21420042.64 1.20 1.20 2000 10 18

187 45 30 2001 12 31 0.92 20002.64 242,880,000 30 (c) 2001 55.2% 23,357,000 2,943,000 18,670,000 2,354,000 21,024,000 46 (a) 15 2 15 15 3 2001 12 31 66,305,000

188 46 (b) 2002 2001 4,260 46,313 170,410 178,480 800 38,528 37,891 2,717 14,935 37,690 4,155 213,169 4,409 211,594 1,945 75,437 (4,783) (357,199) (7,048) (550) (1,000) (121,232) (3,994) (155,671) (75,912) 467,168 121,232 (11,865) (949) 53,512 44,371 508,815 636 25,534 2,939 (8,481) 47,946 525,868

189 46 (b) 2002 2001 27,946 392,850 20,000 48,327 84,691 47,946 525,868 2002 2001 27,946 392,850 (1,945) (75,437) 26,001 317,413 2002 12 31 2001 12 31331,105,000 53,774,000

190 46 (c) 2002 2001 12 31 1,770,910 1,538,442 (500) (1,452) (2,356) 12 31 1,770,410 1,534,634 47 (a) 1 10 2002 12 31 2002 2001 1 292,354 310,490 25 318,659 597,948 5 82,150 352,378 693,163 1,260,816

191 47 (b) 1 50 2002 12 31 2002 2001 1 5,388 8,582 25 5,080 2,627 5 17,549 28,017 11,209 48 47 2002 2001 (a) 8,666 23,504 5,623 942 14,289 24,446 (b) 32,420 76,992 76,992 32,420

192 48 (c) 24(c)47 47 25.3 4 5.184% 2001 5.589% 21.7 2002 12 31 14.6 2002 1121.7 5.184%2002 12 31 (d) 13 2003 12 21 4 2.64 4 2004 2002 12 31 6,600 (e) 1%15 1615 1.01% 8%

193 48 (f) 2001 2 13 16,760,00095% 2,970,000 2001 8 17,500,000 2003 1 (g) 2001 3 20 70% 30,000,000

194 49 2002 2001 2002 2001 (a) 451,960 887,861 103,195 153,360 395 8,791 395 8,791 1,217 34,499 685 1,012 2,297 44,302 555,550 1,050,012 (b) 2001 3 40,000,000 2001 7

195 49 2002 12 31 (c) 2002 2003 11 24 2003 12 5 (d) 2002 9 24,000,000 15,000,000

196 49 2002 12 31 (e) 2002 6

197 50 2002 12 31 725,157,0002001 1,560,761,000 707,644,0002001 1,494,456,000 2002 12 3164,000,0002001 64,000,000 51 2002 2001 (i) (464,371) (578,001) (ii) (7,195) (7,459) (iii) (1,766) (6,207) (iv) (2,575) (1,668) (v) 44,340 (vi) 183 10,735 (vii) 1,887 2,346 (viii) 1,679 3,990 (ix) 157,894 135,533 (x) 1,679 2,762 (xi) 613 1,640 (xii) 1,429

198 51 (i) 1994 4 23 2002 12 31 66,442,0002001 123,025,000 (ii) 3239(b) (iii) 2000 2002 12 31 31 2002 12 31 56,06743,5082001 1,358,000953,000 (iv) SAP 32 (v) 2001 2001 12 31 2002 1 (vi) (vii) (viii) 33

199 51 (ix) 2002 12 31 (a) 626,623,0002001 113,241,000 32 (b) 2002 12 31 44,721,4202001 1,882,247,00036 39(b) 41 (x) (xi) 1,150,0002001 (xii) (xiii) 2002 6 3 AMRI Financial Group Limited AMRI31,393,939 AMRI AMRI 2007 6 3 0.816 44(a) (xiv) 22,795,0002001 23,699,000 (xv) 2002 12 31 24,400,000 2001