2015 : 6823
1 2 2015 3 12 13 16 21 36 45 179
19,400 6823 2015 1
2 2014 12 31 4 LTE-A 450Mbps 5 The Club Club 7 NFCAndroid SIM 8 2015 6 30 10Gbps 11 2015 4.5G4.51Gbps csl PCCW Global PCCW Global IP 9 4Kall-in-one 10 HKT x Office 365 12 The Club CSL 6 PCCW GlobalSyntelligence Unified Communications-as-a-Service csl 6,000 CSL 2 2015
10 2015 20 AfricaCom Awards 2015 Best Cost Efficiency Solution for Africa 2015 10,000 AV Awards 2014 2014 I.T.2014 VoLTE 1O1O csl PCCW Global PCCW Global csl csl HKT CIO Review Informa Telecoms & Media AV Magazine RoadShow PCM Informa 2015 Informa2015 LTEVoLTE 2015 3
2015 2015 2015 Computerworld Hong Kong Awards 2015 Corporate Mobile Services Provider Mobile Device Management Infrastructure-as-a-Service Provider Local Data and Telecoms Services Provider 2014 e-2015 Wi-Fi csl 1O1O 1O1O 1O1O csl 1O1O csl Smart Living Computerworld Hong Kong e-zone 4 2015
2015 Readers Choice & Innovation Awards Fixed Broadband Project of the Year Global Carrier Awards 2015 Best North American Project Best Voice Service Innovation Emerging Marketing 2014 2015 2014 2015 1O1O PCCW Global PCCW Global (MOREAL Threat Management Service) Telecom Asia Capacity magazine 2014 2015 2015 5
2015 20-50 50 20 20-50 20-50 50 50 1O1O now TV now TV 6 2015
201544 2321 2015 7
2015 IT2015 2015 IDD 0060 csl ichoice2015 LTE Infocom World Conference 2015 2015 Business Growth MEF Excellence Awards 2015 2014 csl PCCW Global PCCW Global Smart Press S.A. 14 8 2015
2015 2015 2015 2015 2015 2014 2014 2015 csl Smart Living Smart Living csl 1O1O csl HKT 1O1O HKT csl 2015 9
2015 2015 2014 2015 2015 Telecom Asia Awards 2015 Telecom Review Excellence Award 2015 The Best African Wholesale Operator The Best Asian Wholesale Operator Telecoms World Middle East Awards Best International Wholesale Carrier 1O1O 1O1O HKT 1O1O csl csl HKT csl HKT Cloud Office PCCW Global PCCW Global PCCW Global Telecom Asia Telecom Review Terrappin 10 2015
47 2015 TOUCH Brands 2015 The BATS 2014 Pioneer Award TVB2015 2015 Best Broadband Access Service Innovation Award: Operator Yahoo Big Idea Chair2015 Yahoo2014-2015 HKT 1O1O csl HKT csl csl csl csl csl PCCW Global csl csl TOUCH TVB Online TVB Total Telecom 2015 11
2015 12 31 2016 4K now TVOTT (Over-the-top) CSL 2015 2016 2016 2 25 PCCW Global 12 2015
(FTTH) FTTH 10Gbps now TV Viu OTT (Over-the-top) 4K all-in-onenow One 4K IPTV OTT DTT DVRNFC 2016 Smart Living 2015 CSL Holdings Limited CSL New World Mobility Limited2014 CSL 2015 3G 4G 1,500 12 500 48 2015 20MHz 44G450Mbps LTE-A 11 2015 4.5G4.51Gbps 2015 13
2015 7SIMAndroid 12 iphonenfc Android 300MasterCard PayPass HKT Payment Limited 10 HKT x Office 365 Office 2016 PCCW Global 1403,000 PCCW Global API PCCW GlobalSyntelligence Unified Communications-as-a-Service PCCW Global Wi-Fi 14 2015
2014 12 The Club30 The Club 100 2016 The Club280 2016 10Gbps4K all-in-one 2016 2 25 2016 2015 15
16 2015 492011 11 1999 8 2011 11 642011 11 1999 82011 11 2007 4 2011 11 2002 62007 4 2011 11 1998 19971998 19931997 1972 1973 1977 1978 2001
512011 11 2007 4 2010 5 2006 9 2007 4 2009 72011 11 1999 9Cable & Wireless HKT Limited 602011 11 1999 82011 11 1976 1980Occidental International Oil Incorporated1983 Schlumberger Limited 1989 Vestey Group 1992 Boustead Singapore Limited 1995Morgan Grenfell Investment Management (Asia) Limited 1997 552011 11 2010 5 2011 11 1996 11 2010 5 1999 3 1983 University College 2004 2001 3 9 2008 5 31 522011 11 2008 5 2011 11 2015 17
18 2015 2007 12 1992 2001 2005 1985 532011 11 2007 7 2009 22011 3 2007 1 2005 9 2006 122008 3 2005 10 2003 102005 8 2001 11 2003 10 2004 1988 552014 8 2014 7 (IIMA) 15Infosys Infosys Limited Infosys Lodestone Infosys 14 (EBA)
FREng, GBS, JP 752011 11 2000 102011 11 2007 9 2008 2 19962007 1994 1996 19901994 1985 1990 1999 72002 7 Sunil VARMA Varma722011 11 Varma 40 Price Waterhouse Management Consultants IBM Consulting Group 1994 Price Waterhouse Price Waterhouse 1996 1998Varma IBM Consulting Group IBM Consulting Group 19992000Asia Online, Ltd. 2003HCL-Perot Systems Varma Varma International Asset Reconstruction Company Pvt. Ltd. Dr. Lal PathLabs LimitedVarma Shriram EPC Ltd. Vistaar Livelihood Finance Pvt. Ltd. Shriram City Union Finance Ltd. Varma1962 7Panjab University 1966 8 (Institute of Chartered Accountants of India)1972 6 1975 9 (Institute of Cost and Management Accountants of India) 2015 19
692014 5 2004 2 2003 12 19461967 1985 1991 1998 1999 2003 12 Vedanta Resources plc Tata Consultancy Services Limited Godrej Consumer Products Limited Jet Airways (India) Limited Wockhardt LimitedMax India Limited Cairn India Limited Emaar MGF Land Limited ING Groep N.V. (Prudential Financial, Inc.) 542015 5 2012 3 Good Harbour Finance Limited 1986 1988 Weatherite Manufacturing Limited 1992 2000 20 2015
21 2015 2015 12 31 2011 11 7 2011 11 7 (i) (ii) (iii) 2015 12 31 B.1.2 A.5.1 F.1.2
XV 2015 7 20 2014 11 13 5,000,000 XV 4668 22 2015
23 2015 4668 2015 12 31 69169 12 1620 (www.hkt.com) 2015 2015 5 7
7 2/2 1/1 2/2 1/1 2/2 1/1 1/1 2015 20151 2 2 2 3 4/4 1/1 4/4 1/1 4/4 4/4 1/1 4/4 4/4 1/1 4 4/4 2/2 4/4 2/2 1/1 4/4 4/4 1/1 2/4 1/1 1/2 2/4 1/1 5 5 3/4 3/4 1/1 4/4 4/4 1/1 4/4 3/3 1/1 2/2 4/4 3/3 1/1 Sunil Varma 4/4 3/3 1/1 2/2 4/4 3/3 1/1 4/4 1/1 4/4 1/1 6 2/2 2/2 7 2/2 0/1 2/2 2/2 0/1 0/1 1. 2. 2015 3. 2015 4. 2015 5 7 5. 6. 2015 5 7 7. 2015 5 7 24 2015
25 2015 3.13 3.13 Sunil Varma 4668 2015 12 31 Sunil Varma 2015 12 31
26 2015 2011 11 29 2015 11
www.hkt.com/ir www.hkexnews.hk 2015 5 7 Sunil Varma 2015 5 7 2015 24 2015 (i) (ii) 2014 (iii) 2015 (iv) 2015 (v) 2015 2016 2 25 12 2015 27
Sunil Varma 2015 24 2015 5 2016 2 25 2015 (i) (ii) (iii) 2015 5 7 (iv) (v) 2015 11 2016 1 1 28 2015
2015 12 31 1,300 200 400 2016 2 25 2016 Sunil Varma 2015 5 7 2015 5 7 2015 24 2015 (i) (ii) 2014 12 31 (iii) 2014 12 31 2015 (iv) (v) 2014 12 31 2015 29
(vi) (vii) 2015 6 30 (viii) 2015 6 30 (ix) 2015 12 31 (x) (xi) (xii) 20152016 (xiii) 2014 12 31 2015 6 30 (xiv) 2014 12 31 (xv) 2015 12 31 Sunil Varma 2015 11 2016 1 1 30 2015
2015 12 31 4.5 2016 2 25 2016 Sunil Varma 2015 5 7 2015 5 7 2015 24 2015 2830 2015 (i) (ii) 2014 12 31 (iii) 2014 12 31 2015 (iv) 2014 12 31 2015 31
(v) (vi) 2015 6 30 (vii) 2015 6 30 (viii) 2015 12 31 (ix) 2015 12 31 2016 1 1 32 2015
33 2015 2015
2015 6 2015 12 3115 979 39 +852 2962 5926 cosec@hkt.com www.hkt.com/ir 34 2015
179 20 2015 12 31 2016 2 25 2015 35
347.29 EBITDA121 39.49 52.21 40.93 54.06 28.27 2015 12 31 CSL Holdings LimitedCSL 2015 12 31 347.29EBITDA 121 CSL12 39.49 52.21 2015 12 31 40.93 54.06 2015 12 31 28.27 201554.06 25.79 28.27 10Gbps4K all-in-one 2015 2016 2016 36 2015
2014 2015 12 31 9,565 10,348 19,913 10,145 10,732 20,877 5% 2,910 6,040 8,950 6,044 8,273 14,317 60% 286 278 564 84 123 207 (63)% (241) (363) (604) (299) (373) (672) (11)% 12,520 16,303 28,823 15,974 18,755 34,729 20% (5,333) (6,720) (12,053) (6,544) (8,995) (15,539) (29)% (2,762) (3,766) (6,528) (3,660) (3,430) (7,090) (9)% EBITDA 1 3,594 3,768 7,362 3,654 3,853 7,507 2% 965 2,182 3,147 2,298 2,732 5,030 60% (134) (133) (267) (182) (255) (437) (64)% EBITDA 1 4,425 5,817 10,242 5,770 6,330 12,100 18% EBITDA 1 38% 36% 37% 36% 36% 36% EBITDA 1 33% 36% 35% 38% 33% 35% EBITDA 1 35% 36% 36% 36% 34% 35% (2,350) (3,536) (5,886) (3,194) (3,008) (6,202) (5)% (2) (2) 3 2 5 41 58 99 33 (15) 18 (82)% (452) (672) (1,124) (631) (679) (1,310) (17)% 2 (31) (29) (15) (10) (25) 14% 1,664 1,636 3,300 1,966 2,620 4,586 39% 2015 37
2014 2015 12 31 EBITDA 1 4,425 5,817 10,242 5,770 6,330 12,100 18% (770) (2,032) (2,802) (1,519) (1,808) (3,327) (19)% 6 (1,135) (1,375) (2,510) (1,304) (1,733) (3,037) (21)% 2,520 2,410 4,930 2,947 2,789 5,736 16% (80) (315) (395) (75) (290) (365) 8% (368) (433) (801) (435) (467) (902) (13)% (482) 102 (380) (484) 108 (376) 1% 2 1,590 1,764 3,354 1,953 2,140 4,093 22% 3 44.30 54.06 4 2014 2015 2,654 2,654 2,657 2,654 0% 1,245 1,245 1,248 1,249 0% 1,409 1,409 1,409 1,405 0% 1,567 1,567 1,567 1,572 0% 1,408 1,404 1,404 1,405 0% 131 136 138 144 6% Gbps 3,016 3,372 3,673 4,072 21% IDD 431 397 356 319 (18)% 4,512 4,585 4,653 4,558 (1)% 3,183 3,178 3,147 3,127 (2)% 1,329 1,407 1,506 1,431 2% 38 2015
1 EBITDA EBITDA EBITDA 2 EBITDA 3 4 IDD 5 6 2015 39
2014 2015 12 31 1,682 1,801 3,483 1,690 1,785 3,475 0% 3,236 3,490 6,726 3,356 3,648 7,004 4% 3,465 3,538 7,003 3,869 3,544 7,413 6% 1,182 1,519 2,701 1,230 1,755 2,985 11% 9,565 10,348 19,913 10,145 10,732 20,877 5% (4,301) (4,638) (8,939) (4,569) (4,903) (9,472) (6)% (1,670) (1,942) (3,612) (1,922) (1,976) (3,898) (8)% EBITDA 1 3,594 3,768 7,362 3,654 3,853 7,507 2% EBITDA 1 38% 36% 37% 36% 36% 36% 2015 12 31 208.77 EBITDA 75.07EBITDA 2015 12 31 34.75 34.832015 12 265 2015 12 31 70.04 now TV 2015 12 (FTTH)568,000 2015 12 31 74.13 2015 2015 12 31 29.85 40 2015
2014 2015 12 31 2,328 4,570 6,898 4,583 4,636 9,219 34% 582 1,470 2,052 1,461 3,637 5,098 148% 2,910 6,040 8,950 6,044 8,273 14,317 60% 964 2,123 3,087 2,272 2,698 4,970 61% 1 59 60 26 34 60 0% EBITDA 1 965 2,182 3,147 2,298 2,732 5,030 60% EBITDA 1 33% 36% 35% 38% 33% 35% EBITDA 1 41% 46% 45% 50% 58% 54% CSL 12 2015 12 31 143.17 2015 12 31 2015 12 31 68.98 92.19 IDD IDD 50.98 20.52 2015 12 ARPU219 2302015 12 31 4,558,0003,127,000 2015 EBITDA50.30 EBITDA CSL 2015 12 2016 2015 12 31 2.075.64 2015 4Keycom plc Keycom plc 2015 12 31 6.726.04 2015 12 31 155.39 2015 2015 41
CSL The Club 70.90 CSL 2014CSLCSL 2015 12 312014 CSL 2014 2015 12 31 201458.86 62.02 2015 12 31 132.87 EBITDA 1 EBITDA2015 12 31 121EBITDA 2015 12 31 11.2413.10 CSL 2015 2015 12 31 62.42 3,70020146,700 2015 12 31 39.49 201429.91 315 5103.625 2121.65 10.13 2015 12 31 5 368.49 2014 12 31368.47 2015 12 31 37.682014 12 3136.13 2015 12 31 266.71 55.27 2015 12 31 5 2014 12 31 HONG KONG TELECOMMUNICATIONS (HKT) LIMITED 2015 12 31 Hong Kong Telecommunications (HKT) Limited Moody s Investors Service Standard & Poor s Ratings Services Baa2BBB 42 2015
6 2015 12 31 30.54201425.29 2015 12 31 2014 2015 12 312014 12 31 2014 2015 2015 12 31 2,076 2,108 52 74 65 2,202 2,173 2015 12 3145 19,400201417,600 EBITDA 2015 43
2015 12 31 28.272011 11 7 28.27 2015 6 30 25.79 2015 9 (i) 3000 (ii) 44 2015
46 69 70 71 72 74 76 77 168 169 170 171 172 173 174 175 2015 45
2015 12 31 (i)(ii) 2015 12 31169 178 2011 11 7 24 20 21 8 2015 1213153644 46 2015
20 35 2015 47
106 362 619 486 2015 11 2015 2015 52014 2014 48 2015
2015 44 The Club 2,000 IT 31 132015 10,0002014 201410,000 2015 7 106 362 486 61957 2015 49
100 50 5 2015 12 3 2015 12 3170 2015 12 31170 2015 6 30 25.792015 9 2015 12 3128.27 28.27 2015 12 31 CAS Holding No. 1 Limited 50 2015
168 16 17 25(e) 26 2015 12 31 2015 12 31 29 2015 12 312015 12 31 7 29 30 173 2015 12 31 FREng, GBS, JP Sunil Varma 2015 5 7 2015 5 7 2015 51
2011 11 7 3.13 3.13 Sunil Varma 2013 2 15PCRD Services Pte Ltd PCRD Services KSH Distriparks Private LimitedKSHPasha Ventures Private Limited Pasha VenturesAkash MehtaMehta Sky Advance Associates LimitedSky Advance Akash MehtaPasha Ventures KSH 2012 3 11PCRD Services Akash MehtaPasha Ventures KSH PCRD Services Sky AdvancePasha Ventures KSHPasha Ventures 2013 6PCRD Services Sky Advance Mehta KSHKSH KSH PCRD Services KSH3.13 (i)kshkshksh (ii) KSH(iii)Akash Mehta 52 2015
2015 12 31352 XV 1. 66,247,614 1(a) 144,786,423 1(b) 211,034,037 2.79% 1,842,092 1,205,149 2 3,047,241 0.04% 1,238,744 1,159,003 2 2,397,747 0.03% 21,530 21,530 0.0003% 99,238 946 3 100,184 0.001% 2,790 2,790 0.00004% XV (a) 0.0005 (b) 0.0005 2015 53
1. 1. (a) Chiltonlink LimitedChiltonlink Pacific Century Diversified LimitedPCD20,227,614 Eisner Investments LimitedEisner46,020,000 Chiltonlink Eisner (b) (i) 13,159,619 13,159,619 (ii) 131,626,804 Anglang Investments Limited Pacific Century Group (Cayman Islands) Limited Pacific Century International Limited Borsington Limited 131,626,804 Hopestar Holdings Limited 2. 3. 2. A. 297,738,591 1(a) 1,866,432,475 1(b) 2,164,171,066 28.40% 4 830,834 195,793 3 200 2 1,026,827 0.01% 2,148,558 1,806,996 3 3,955,554 0.05% 272,208 272,208 0.004% 1,176,260 18,455 5 1,194,715 0.02% 207,597 3 207,597 0.003% 64,180 64,180 0.001% 54 2015
2. A. 1. (a) PCD260,752,905Eisner36,985,686 (b) (i) 169,639,855 169,639,855 (ii) 1,696,792,620 1,696,792,620 2. 20200 3. 4. 2009 10,000,000 5. B. PCCW-HKT Capital No.4 Limited PCCW-HKT Capital No.4 Limited9004.25 2016 2016 2 24 2015 12 31 XV 352 2011 11 720112021 20112021 20112021 (1) 20112021 2015 55
(2) (a)(b) (c) 20112021 (3) (i) 20112021 20112021 (ii) (i) 20112021 2011 11 29 (iii) 20112021 20112021 20112021641,673,079 (4) 2011202112 20112021 500 (5) 20112021 20112021 20112021 10 (6) 1.00 20112021 (7) (i) (ii)5 (iii) 56 2015
(8) 201120212011202110 20112021 201120212015 12 31 2011 10 11 (a)(b) (i) 20112021 (ii) (i)(ii) 2015 57
(i) (ii) (a)(b)(c) 10 2011 10 11 10 2015 12 31 1,572,820 99,690280,370 705,0595,707,168 8,155,710 2015 12 31 28(b)(iii) 18 58 2015
20112021 28(b)(ii) 28(b)(iii) 2015 12 31336 4,775,714,681 63.07% 1 CAS Holding No. 1 Limited 4,775,714,681 63.07% The Capital Group Companies, Inc. 521,840,700 6.89% 2 XV (a) 0.0005 (b) 0.0005 1. CAS Holding No. 1 Limited 2. The Capital Group Companies, Inc.XV2015 10 16The Capital Group Companies, Inc. 2015 12 31 336 2015 59
6 4 2015 12 318.10 2015 110,000 75,240 60 2015
622 110,0002014208,000 2015 12 31 2015 61
2013 12 27 (1) (17) 2014 1 12016 12 31 2015 14A HKT Media Holdings Limited (1) 2013 12 27 Hong Kong Telecommunications (HKT) LimitedHK Telecom HK Telecom (2) 2013 12 27HK TelecomHK Telecom (6) (3) 2013 12 27HK Telecom HK Telecom (4) 2013 12 27 HK Telecom HK Telecom HK Telecom HK Telecom HK TelecomHK Telecom 62 2015
(5) 2013 12 27HK Telecom (6) 2013 12 27HK Telecom(2) (7) 2013 12 27HK Telecomeye (8) 2013 12 27 HK Telecom (9) 2013 12 27HK Telecom HKT Solutions Holdings Limited (10) 2013 12 27HK Telecom HK Telecom 2013 12 27HK TelecomHK Telecom 2015 63
HKT Solutions Holdings Limited (11) 2013 12 27 HK TelecomHK Telecom HK Telecom HK Telecom HK Telecom HK Telecom (12) (a) DCMS HK Telecom 2013 12 27 HK Telecom (b) ITSI HK Telecom 2013 12 27HK Telecom (c) BPLO HK Telecom 2013 12 27 (13) 2013 12 27 64 2015
(14) 2013 12 27HKT Services LimitedHKT Services PCCW Services LimitedPCCW ServicesHKT Services (15) 2013 12 27HK Telecom PCCW-HKT LimitedHKTL HK TelecomHKTLi.Shop (16) PCCW Services 979PCCW Services2008 10 31 2014 12 312017 12 31PCCW Services PCCW Services HKT Services 2013 12 27HKT Services (17) 3 2011 2 28 2011 9 92013 12 19 2016 2 27 HK Telecom 2012 5 25 2016 2 29 2013 12 27HK Telecom 2015 65
2015 12 31 (1) (17) 2015 12 31 2015 12 31 (1) 153,270 389,500 (2) 183,641 228,600 (3) 21,345 22,900 (4) 1,443 5,200 (5) 634,354 634,500 (6) 24,192 24,300 (7) 366,504 374,500 (8) 40 (9) 218 1,100 (10) 70,200 344,000 (11) 10,467 14,800 (12) (a) DCMS 398,000 398,300 (b) ITSI 90,215 90,240 ITSI 57,880 57,910 ITSI 148,095 148,150 (c) BPLO 161,400 162,900 707,495 709,350 (13) 92,600 150,000 1,800 7,500 (14) 125,291 129,800 (15) 28,500 86,600 (16) 141,973 173,000 (17) 16,000 19,900 66 2015
3000 740(1) (17) 2015 12 3114A.56 (1) (17) (i) (ii) (iii) 6 4 14A 2015 67
2015 12 31 2015 12 31 2016 2 25 68 2015
70 167 1 2015 12 31 2015 12 31 2016 2 25 2015 69
2015 12 31 2014 2015 7 8 28,823 34,729 (12,053) (15,539) (12,416) (13,287) 9 99 18 11 (1,124) (1,310) (35) (27) 6 2 10 3,300 4,586 13(a) (242) (600) 3,058 3,986 2,991 3,949 67 37 3,058 3,986 15 42.20 52.21 15 42.19 52.17 771671 70 2015
2015 12 31 2014 2015 3,058 3,986 (150) (109) (79) 22 (110) (54) (18) (263) (24) (77) (381) (503) 2,677 3,483 2,610 3,446 67 37 2,677 3,483 771671 2015 71
(54) (54) 2015 12 31 2014 2014 1 1 30,623 182 30,805 2,991 67 3,058 (150) (150) (79) (79) (110) (110) (18) (18) (24) (24) (381) (381) 2,610 67 2,677 (9) (9) 59 59 21 21 14 (1,553) (1,553) 14 (1,590) (1,590) (54) (54) 39(b)(i) 36 36 40 (124) (124) 29(a) 7,771 7,771 4,699 (142) 4,557 2014 12 31 37,932 107 38,039 72 2015
2015 2015 1 1 37,932 107 38,039 3,949 37 3,986 (109) (109) (54) (54) (263) (263) (77) (77) (503) (503) 3,446 37 3,483 (93) (93) 48 48 14 (1,764) (1,764) 14 (1,953) (1,953) (31) (31) 6 6 (3,762) (25) (3,787) 2015 12 31 37,616 119 37,735 771671 2015 73
2015 12 31 2014 2015 16 15,489 16,674 17 278 265 18 49,655 49,817 19 10,307 9,314 20 171 67 21 550 554 22 61 7 23 21 11 31 371 231 639 630 77,542 77,570 4,006 4,462 25(a) 621 598 25(b) 3,875 3,422 6(a) 76 73 27 49 23 18 14 25(c) 10 33(d) 3,613 3,768 12,258 12,347 25(e) 3,877 3,879 25(d) 1,979 2,194 5,023 4,900 32 433 452 6(a) 94 72 6(a) 278 353 1,997 2,066 734 862 14,415 14,778 74 2015
2014 2015 26 32,549 32,436 27 100 443 31 2,591 2,552 1,033 1,079 32 954 627 119 267 37,346 37,404 38,039 37,735 29 8 8 30 37,924 37,608 37,932 37,616 24(b) 107 119 38,039 37,735 2016 2 25 771671 2015 75
2015 12 31 2014 2015 33(a) 9,569 11,369 5 6 (2,510) (3,037) 40 20 (3,219) (3,760) 33(b) (18,769) (193) (77) 11 (81) (49) 25 22 (68) (127) (24,586) (7,215) 51,719 18,045 (821) (913) (39,810) (18,173) 878 776 6 (3,141) (3,713) (91) (31) 29(a) 7,807 16,541 (4,003) 1,524 151 (45) 4 2,134 3,613 33(d) 3,613 3,768 771671 76 2015
2015 12 31 1 2015 12 31 2015 12 31 2015 12 31 524 29 2 2011 6 141961 97939 32XI (a)(b) (c) OTC Markets Group Inc. 2015 77
2015 12 31 3 a. b. 2015 1 1 19 2011 2014 12010 2012 2014 12011 2013 41 6229 2015 12 31 3(k)(i) 3(k)(ii) 3(m) 4 c. 78 2015
3 c. 3(i) 12 3(l)(ii) d. 20% 50% 2015 79
2015 12 31 3 d. e. 2012 1 1 11 11 f. 80 2015
3 g. 3(l)(ii) 3(h) (i) (ii) (iii) 5 13 5 30 1 17 h. i. ii. 3(g)3(l)(ii) 3(u)(iii) 2015 81
2015 12 31 3 h. iii. i. 3(l)(ii) j. i. ii. 82 2015
3 j. iii. iv. 3(l)(ii) 20 1 10 k. (i) (ii) i. 12 2015 83
2015 12 31 3 k. i. 3(u)(v) 3(u)(vii) ii. 12 3(l)(i) 3(u)(vii) 3(l)(i) l. i. 3(l)(ii) 84 2015
3 l. i. ii. 2015 85
2015 12 31 3 l. ii. iii. 34 3(l)(i) (ii) m. 3(n) 12 12 n. i. 86 2015
3 n. i. ii. o. p. 3(l)(i) 2015 87
2015 12 31 3 q. r. s. t. (i)(ii)(iii) u. i. ii. 88 2015
3 u. iii. iv. v. vi. vii. v. w. i. ii. iii. 2015 89
2015 12 31 3 w. iv. x. i. 90 2015
3 x. ii. iii. 2015 91
2015 12 31 3 x. iii. iv. y. 92 2015
3 y. z. i. ii. iii. iv. v. (i) vi. aa. bb. 2015 93
2015 12 31 4 18 35 i. 3 ii. 94 2015
4 ii. iii. iv. 2015 95
2015 12 31 4 v. vi. 2014 12 31 2014 7 12014 12 31 7.70 2014 12 317.70 2015 12 31 2015 12 31 3.882015 12 31 3.88 vii. 39 viii. 2014 12 40 96 2015
4 ix. 5 2014 2015 24(a) 27,905 27,905 27,905 27,905 7 5 7,437 7,400 102 25 7,546 7,430 39 29 224 91 1 263 121 35,188 35,214 29 8 8 29 35,180 35,206 35,188 35,214 2016 2 25 2015 97
2015 12 31 6 CAS Holding No. 1 Limited 2014 2015 187 80 121 168 68 59 293 266 20 15 642 676 1,642 1,869 129 144 a. 20142015 12 31 20142015 12 31 b. 2014 2015 72 67 2 2 74 69 98 2015
7 2014 2015 25,003 27,730 3,775 6,951 45 48 28,823 34,729 8 Keycom plckeycom plc2015 12 31 2014 12 EBITDAEBITDA 2015 99
2015 12 31 8 2014 19,309 8,950 564 28,823 604 (604) 19,913 8,950 564 (604) 28,823 EBITDA 7,362 3,147 (267) 10,242 1,487 959 83 2,529 2015 20,205 14,317 207 34,729 672 (672) 20,877 14,317 207 (672) 34,729 EBITDA 7,507 5,030 (437) 12,100 1,385 1,516 153 3,054 100 2015
8 EBITDA 2014 2015 EBITDA 10,242 12,100 (2) 5 (5,886) (6,202) 99 18 (1,124) (1,310) 6 2 (35) (27) 3,300 4,586 2014 2015 22,265 27,212 1,436 1,197 5,122 6,320 28,823 34,729 2015 12 31747.582014746.98 24.61201423.91 9 2014 2015 22 67 47 48 (52) (95) 40 55 27 (2) 99 18 2015 101
2015 12 31 10 a. 2014 2015 2,211 2,330 78 60 139 275 2,428 2,665 b. 2014 2015 45 48 164 284 2 (5) 10 8 3,071 1,854 13 13 2,802 4,335 3,645 6,490 8,408 9,049 6 13 (3) (11) 28 15 1 4 3 3 5 1,395 1,542 102 2015
11 2014 2015 (1,078) (1,220) (110) (114) (3) (7) (1) (1) (32) (16) (a) (4) (1,196) (1,390) (b) 19 17 (1,177) (1,373) 53 63 (1,124) (1,310) a. 2015 12 31 20143.0520143.09 b. 2015 12 313.41% 3.95% 20143.63% 3.77% 2015 103
2015 12 31 12 a. 2014 1 2 3 9.87 4 9.87 0.03 12.24 1.48 8.24 41.73 3.50 2.01 0.02 3.45 0.42 4.24 13.64 5 0.22 0.22 0.22 6 0.22 0.22 7 0.22 8 0.12 9 0.12 0.22 0.22 0.33 10 0.53 0.86 Sunil Varma 0.33 11 0.33 12 0.21 13 0.21 1.87 13.37 12.41 0.05 15.69 1.90 12.48 57.77 1 2 2013 2014 2013 12 31 3 2014 4 5 2014 8 5 6 2014 7 2014 8 2014 5 8 9 38,748 10 109,200 11 109,200 12 2014 5 8 13 70,756 14 2014 12 31 622 104 2015
12 a. 2015 1 2 3 10.03 4 10.03 0.03 17.46 1.50 13.29 52.34 3.56 2.04 0.02 4.92 0.43 9.52 20.49 0.23 0.23 0.23 5 0.23 0.23 6 0.23 0.23 0.23 7 0.12 0.26 0.38 Sunil Varma 0.35 8 0.35 0.35 9 0.35 10 0.22 11 0.22 1.96 13.59 12.33 0.05 22.38 1.93 22.81 75.05 1 2 2014 20152014 12 31 3 2015 4 5 2015 6 2015 7 2015 5 7 8 115,000 9 115,000 10 2015 5 7 11 2015 5 774,829 2015 105
2015 12 31 12 b. 2015 12 31 2014 c. 2015 12 31 20142015 12 31 2014 d. 2015 12 312014 e. 2015 12 312014 f. 2015 12 31 2014 g. 2015 12 31 2014 106 2015
12 h. i. 201412(a) 2014 2015 12 31 2014 2015 10.67 10.26 3.88 2.41 1.05 0.82 1.21 3.17 16.81 16.66 ii. 2014 2015 12 31 2014 2015 5,000,0015,500,000 1 2 5,500,0016,000,000 2 6,000,0016,500,000 6,500,0017,000,000 1 3 3 13 a. 2014 2015 348 466 47 38 (2) (11) 31(a) (151) 107 242 600 16.5% 201416.5% 2015 107
2015 12 31 13 b. 2014 2015 3,300 4,586 545 757 10 5 (19) (35) 1 20 7 28 (2) (11) (305) (105) (80) 16 5 5 242 600 2015 12 31 20142015 14 2014 2015 25.79201421 1,590 1,953 (1) (2) 1,589 1,951 23.30201424.21 1,553 1,764 (1) (2) 1,552 1,762 3,141 3,713 2015 12 31 28.27 21.412014 23.3017.64 2015 12 31 28.2721.41201423.3017.64 108 2015
15 2014 2015 2,991 3,949 7,094,443,832 7,571,742,334 (6,135,686) (8,333,897) 7,088,308,146 7,563,408,437 1,164,461 6,393,272 7,089,472,607 7,569,801,709 16 2014 1,074 19,261 20,071 11,488 1,453 53,347 557 752 469 751 2,529 39(b) 392 694 561 225 121 1,993 40 (16) (16) 437 484 184 (1,105) (401) (21) (62) (484) (47) (88) (135) 1,466 20,501 21,759 12,288 1,220 57,234 570 16,178 13,390 9,101 39,239 26 1,281 1,238 526 3,071 40 (11) (11) (401) (16) (60) (477) (39) (38) (77) 596 17,019 14,574 9,556 41,745 870 3,482 7,185 2,732 1,220 15,489 504 3,083 6,681 2,387 1,453 14,108 2015 109
2015 12 31 16 2015 1,466 20,501 21,759 12,288 1,220 57,234 399 1,542 70 1,043 3,054 39(a) 55 4 59 239 478 38 (755) (410) (249) (29) (688) (27) (129) (13) (169) 1,466 20,757 23,401 12,358 1,508 59,490 596 17,019 14,574 9,556 41,745 35 614 676 529 1,854 (411) (249) (27) (687) (21) (56) (19) (96) 631 17,201 14,945 10,039 42,816 835 3,556 8,456 2,319 1,508 16,674 870 3,482 7,185 2,732 1,220 15,489 110 2015
17 2014 2015 536 536 245 258 13 13 258 271 278 265 291 278 18 2014 2015 36,044 49,655 13,627 182 (16) (20) 49,655 49,817 2015 111
2015 12 31 18 2014 2015 30,962 30,962 1,146 1,136 505 501 16,816 16,853 226 365 49,655 49,817 2015 2014 2015 75% 1% 9% 77% 1% 8% 21% 3% 11% 23% 3% 10% 52% 2% 11% 46% 2% 10% 2015 10 31 112 2015
19 2014 535 1,600 2,690 5,092 681 13 10,611 108 2,314 256 161 2,839 39(b) 1,343 2,332 2,716 6,391 (1,392) (161) (1,553) (8) (7) (15) 1,870 4,040 3,612 7,801 937 13 18,273 124 838 1,539 4,138 67 13 6,719 75 439 1,527 530 70 161 2,802 (1,392) (161) (1,553) (1) (1) (2) 198 1,277 1,674 4,667 137 13 7,966 1,672 2,763 1,938 3,134 800 10,307 411 762 1,151 954 614 3,892 2015 1,870 4,040 3,612 7,801 937 13 18,273 1 117 2,784 260 172 3,334 39(a) 12 12 (1,428) (5,040) (171) (6,639) (3) (3) 1,868 4,157 4,968 2,773 1,197 14 14,977 198 1,277 1,674 4,667 137 13 7,966 93 550 2,244 1,148 128 172 4,335 (1,428) (5,040) (171) (6,639) 1 1 291 1,827 2,491 775 265 14 5,663 1,577 2,330 2,477 1,998 932 9,314 1,672 2,763 1,938 3,134 800 10,307 2015 113
2015 12 31 20 2014 2015 223 214 (52) (147) 171 67 41 41 a. 2015 12 31 35% 40,000,000 114 2015
20 b. 2015 12 31 2014 2015 1 6 3 15 7 3 372015 12 31 c. 2014 2015 25 3 97 57 (389) (404) 2014 2015 462 226 (100) (77) d. 2014 2015 (167) (267) (100) (77) (267) (344) 35% 35% (93) (120) 24 24 (i) 292 310 (52) (147) 171 67 (i) 2014 12 317,400412.18 41 2015 12 319,600412.14 41 2015 12 319,50020145,200 2015 12 3120142015 12 31 2014 2015 115
2015 12 31 21 2014 2015 72 70 478 484 550 554 320143 a. 2015 12 31 Genius Brand LimitedGBL 10,000 50% GBL b. 2015 12 31 2014 2015 112 96 1 3 3 15 5 5 2015 12 31 3,90020143,9008,20020141.58 116 2015
21 c. GBL 2014 2015 1,063 1,029 43 9 20 21 63 30 (261) (244) (54) (28) (315) (272) (842) (827) (842) (827) (31) (40) (31) (40) 2014 2015 227 241 (91) (92) (38) (35) 1 2 (23) (11) (22) (9) 2015 12 31 1,50020141.341,60020141.15 2015 117
2015 12 31 21 d. GBL 2014 2015 (9) (31) (22) (9) (31) (40) 50% 50% (16) (20) 478 484 462 464 2015 12 319,00020148,800 2015 12 3120142015 12 31 2014 22 2014 2015 171 61 30 (110) (54) 61 7 2015 12 312014 118 2015
23 2014 2015 39 25 (18) (14) 21 11 28(b)(iv) 24 a. 2015 12 31 HKTHKTGH 636,000,005 100% HKT Services Limited 1 100% Hong Kong Telecommunications 100% (HKT) LimitedHKTL 9,945,156,001 Gateway Global Communications Limited 1 100% PCCW Global B.V. 18,000 100% 2015 119
2015 12 31 24 a. 2015 12 31 PCCW Global, Inc. 18.01 100% 100% 167,743,479 10 100% HKT Global (Singapore) Pte. Ltd. 60,956,485.64 100% 2,000,000 75% 2 7,900,280,100 1,254,000,000 100% 41,600,000 60% 120 2015
24 a. 2015 12 31 93,240,000 100% 1 PCCW Teleservices Operations (Hong Kong) Limited 2 100% 350,000,002 100% PCCW Teleservices (US), Inc. 1,169 100% 1. 2. 2015 12 3125% b. 2015 12 311.1920141.075,30020145,300 Unihub Global Network Technology (China) Limited 2015 121
2015 12 31 25 a. 2014 2015 252 253 301 294 68 51 621 598 b. 2014 2015 (i) 4,026 3,590 (ii) (151) (168) 3,875 3,422 i. 2014 2015 1 30 2,161 2,079 31 60 542 579 61 90 258 211 91 120 146 167 120 919 554 4,026 3,590 122 2015
25 b. ii. 2014 2015 123 151 10(b) 164 284 (136) (267) 151 168 2015 12 311.0520141.51 1.0520149,700 iii. 2014 2015 1,754 1,676 1 30 818 851 31 60 304 269 61 90 154 122 90 845 504 2,121 1,746 3,875 3,422 1,20020142,500 2015 123
2015 12 31 25 c. 2015 12 311,0002014 d. 2014 2015 1 30 974 1,410 31 60 128 95 61 90 39 79 91 120 37 96 120 801 514 1,979 2,194 6,10020142,200 e. 2014 2015 55.25 2015 (i) 3,877 54.25 2016 (ii) 3,879 3,877 3,879 (i) 55.25 2015 2005 7 20PCCW-HKT Capital No.3 Limited55.25 2015 HKTGH HKTLHKTGH HKTL 2015 7 (ii) 54.25 2016 2010 8 24PCCW-HKT Capital No.4 Limited54.25 2016 HKTGH HKTLHKTGH HKTL 2016 2 124 2015
26 2014 2015 11,798 3,544 17,057 17,386 3,694 11,506 32,549 32,436 54.25 2016(a) 3,924 53.75 2023(b) 3,694 3,711 3 2030(c) 2,308 53.625 2025(d) 3,821 21.65 2027(e) 1,666 24,931 20,930 32,549 32,436 32,549 32,436 a. 54.25 2016 2015 12 3125(e)(ii) b. 53.75 2023 2013 3 8PCCW-HKT Capital No.5 Limited53.75 2023 HKTGH HKTLHKTGH HKTL c. 3 2030 2015 1 15HKT Capital No. 1 Limited3 2030 HKTGH HKTLHKTGH HKTL d. 53.625 2025 2015 4 2HKT Capital No. 2 Limited53.625 2025 HKTGH HKTLHKTGH HKTL e. 21.65 2027 2015 4 10HKT Capital No. 3 Limited21.65 2027 HKTGH HKTLHKTGH HKTL 38 2015 125
2015 12 31 27 2014 2015 (a) 49 (b) 100 (a) (b) 443 2015 12 311077.562014 1077.69 216.652014 3.7629.05 12 12 a. 2015 12 31538.7720145 38.90 7.7545-7.7550 20147.7790 35(c)(i) 3.7629.052014 7.733 201435(c)(i) 2015 12 311,5002014 216.652014 8.3245 201435(c)(i) 2015 12 311,7002014 126 2015
27 b. 2014 538.79 7.757035(c)(i) 2.115 35(c)(ii) 38.79 (i)(ii) 2014 2015 12 31 201440011 28 a. 5%30,000 2015 127
2015 12 31 28 b. i. 2014 5 820142014 2014 (i) 2014 (ii) 2014 (iii) 2014 201410% 10%2014 30%2014 728,229,465 9.56% (iv) 201412 1% 0.1%500 (v) 20142014 201410 (vi) 201414 128 2015
28 b. i. (vii) (i)(ii) (viii) 2014 2014 10 2014 20142015 12 31 ii. 2011 11 720112021 20112021 20112021 (1) 20112021 (2) (a)(b) (c) 20112021 (3) (i) 20112021 51% 20112021 (ii) (i) 20112021 2011 11 2910% 2015 129
2015 12 31 28 b. ii. (3) (iii) 20112021 30% 20112021 20112021641,673,079 8.47% (4) 2011202112 20112021 1% 0.1%500 (5) 20112021 20112021 2011 2021 10 (6) 1.00 20112021 (7) (i) (ii)5 (iii) (8) 201120212011202110 20112021 201120212015 12 31 130 2015
28 b. iii. 2011 10 11 (a)(b) 1% (i) 20112021 51% (ii) (i)(ii) 2015 131
2015 12 31 28 b. iii. (i) (ii) (a)(b)(c) 10 2011 10 11 10 8,155,710 0.11%2015 12 31 28(b)(iii) 18 132 2015
28 b. iii. 20142015 12 31 2014 2015 7,360,797 5,978,109 9.92 20149.05 190,000 9,326,000 20146.84 1,007,112 (2,579,800) (5,707,168) 5,978,109 9,596,941 (1) 2014 2015 7.27 2,955,982 8.89 12,995,117 (3) 9.03 12,962,935 10.30 1,572,820 (4) 8.99 (344,000) 9.16 (705,059) (5) 7.71 (2,579,800) 8.70 (5,707,168) (2) 8.89 12,995,117 9.27 8,155,710 2015 133
2015 12 31 28 b. iii. (2) 2014 2015 2013 3 21 2013 3 212015 3 21 7.59 1,169,756 2014 4 11 2014 4 112015 4 11 8.26 732,874 2014 4 11 2014 4 112016 4 11 8.26 732,583 718,558 2014 7 1 2014 7 12015 4 1 9.13 3,996,269 2014 7 1 2014 7 12016 4 1 9.13 3,182,201 2,949,476 2014 7 1 2014 7 12017 4 1 9.13 3,181,434 2,948,821 2015 4 1 2015 4 12016 4 1 10.20 1,215 2015 4 1 2015 4 12017 4 1 10.20 1,215 2015 5 7 2015 5 72016 5 7 10.30 768,644 2015 5 7 2015 5 72017 5 7 10.30 767,781 12,995,117 8,155,710 2015 12 310.7320141.04 (3) 2014 2015 2014 4 11 2014 4 112015 4 11 8.26 741,687 2014 4 11 2014 4 112016 4 11 8.26 741,389 2014 7 1 2014 7 12014 7 1 9.13 814,068 2014 7 1 2014 7 12015 4 1 9.13 4,098,245 2014 7 1 2014 7 12016 4 1 9.13 3,284,177 2014 7 1 2014 7 12017 4 1 9.13 3,283,369 2015 4 1 2015 4 12015 4 1 10.20 2,074 2015 4 1 2015 4 12016 4 1 10.20 2,070 2015 4 1 2015 4 12017 4 1 10.20 2,070 2015 5 7 2015 5 72016 5 7 10.30 783,750 2015 5 7 2015 5 72017 5 7 10.30 782,856 12,962,935 1,572,820 134 2015
28 b. iii. (4) 2014 2015 2013 3 21 2013 3 212014 3 21 7.59 6,647 2013 3 21 2013 3 212015 3 21 7.59 13,847 1,760 2014 4 11 2014 4 112015 4 11 8.26 8,813 4,041 2014 4 11 2014 4 112016 4 11 8.26 8,806 14,025 2014 7 1 2014 7 12015 4 1 9.13 101,976 188,004 2014 7 1 2014 7 12016 4 1 9.13 101,976 232,725 2014 7 1 2014 7 12017 4 1 9.13 101,935 232,613 2015 4 1 2015 4 12016 4 1 10.20 855 2015 4 1 2015 4 12017 4 1 10.20 855 2015 5 7 2015 5 72016 5 7 10.30 15,106 2015 5 7 2015 5 72017 5 7 10.30 15,075 344,000 705,059 (5) 2014 2015 2012 4 11 2012 4 112014 4 11 5.98 588,460 2013 3 21 2013 3 212014 3 21 7.59 1,177,272 2013 3 21 2013 3 212015 3 21 7.59 1,167,996 2014 4 11 2014 4 112015 4 11 8.26 728,833 2014 7 1 2014 7 12014 7 1 9.13 814,068 2014 7 1 2014 7 12015 4 1 9.13 3,808,265 2015 4 1 2015 4 12015 4 1 10.20 2,074 2,579,800 5,707,168 4,80020145,900 4,80020145,900 2015 135
2015 12 31 28 b. iv. 1%1% (i)(ii) (i) (ii) 136 2015
28 b. iv. 2012 11 15 2012 11 1510 2014 2015 5,487,130 7,393,665 4.992014 1,600,000 5,000,000 (3,092,530) (3,543,570) (935) (1,054) 7,393,665 5,449,041 (1) 2014 2015 3.43 5,062,070 3.72 2,659,132 (3) 3.99 715,566 5.35 1,042,482 (4) 3.62 (25,974) 3.62 (2,517) (5) 3.32 (3,092,530) 3.68 (2,298,835) (2) 3.72 2,659,132 5.00 1,400,262 3.99 2,515,253 (3) 3.99 2,582,240 5.35 2,033,480 (4) 3.99 (66,987) 4.62 (127,461) (5) 3.99 (1,244,735) (2) 3.99 2,515,253 4.84 3,176,537 5,174,385 4,576,799 2015 137
2015 12 31 28 b. iv. (2) 2014 2015 2013 3 21 2013 3 212015 3 21 3.62 1,943,566 2014 4 11 2014 4 112015 4 11 3.99 357,786 2014 4 11 2014 4 112016 4 11 3.99 357,780 357,780 2015 5 7 2015 5 72016 5 7 5.35 521,244 2015 5 7 2015 5 72017 5 7 5.35 521,238 2,659,132 1,400,262 2014 4 11 2014 4 112015 4 11 3.99 1,257,872 2014 4 11 2014 4 112016 4 11 3.99 1,257,381 1,202,293 2015 5 7 2015 5 72016 5 7 5.35 987,542 2015 5 7 2015 5 72017 5 7 5.35 986,702 2,515,253 3,176,537 5,174,385 4,576,799 2015 12 310.6620140.57 (3) 2014 2015 2014 4 11 2014 4 112015 4 11 3.99 357,786 2014 4 11 2014 4 112016 4 11 3.99 357,780 2015 5 7 2015 5 72016 5 7 5.35 521,244 2015 5 7 2015 5 72017 5 7 5.35 521,238 715,566 1,042,482 2014 4 11 2014 4 112015 4 11 3.99 1,291,377 2014 4 11 2014 4 112016 4 11 3.99 1,290,863 2015 5 7 2015 5 72016 5 7 5.35 1,017,183 2015 5 7 2015 5 72017 5 7 5.35 1,016,297 2,582,240 2,033,480 3,297,806 3,075,962 138 2015
28 b. iv. (4) 2014 2015 2013 3 21 2013 3 212014 3 21 3.62 10,484 2013 3 21 2013 3 212015 3 21 3.62 15,490 2,517 25,974 2,517 2014 4 11 2014 4 112015 4 11 3.99 33,505 13,137 2014 4 11 2014 4 112016 4 11 3.99 33,482 55,088 2015 5 7 2015 5 72016 5 7 5.35 29,641 2015 5 7 2015 5 72017 5 7 5.35 29,595 66,987 127,461 92,961 129,978 (5) 2014 2015 2012 4 11 2012 4 112014 4 11 2.80 1,143,842 2013 3 21 2013 3 212014 3 21 3.62 1,948,688 2013 3 21 2013 3 212015 3 21 3.62 1,941,049 2014 4 11 2014 4 112015 4 11 3.99 357,786 3,092,530 2,298,835 2014 4 11 2014 4 112015 4 11 3.99 1,244,735 1,20020141,9001,2002014 1,900 2015 139
2015 12 31 29 2014 2015 0.0005 20,000,000,000 10,000,000 20,000,000,000 10,000,000 0.0005 20,000,000,000 10,000,000 20,000,000,000 10,000,000 0.0005 1 1 6,416,730,792 3,208,365 7,571,742,334 3,785,871 1,155,011,542 577,506 12 31 7,571,742,334 3,785,871 7,571,742,334 3,785,871 0.0005 1 1 6,416,730,792 3,208,365 7,571,742,334 3,785,871 1,155,011,542 577,506 12 31 7,571,742,334 3,785,871 7,571,742,334 3,785,871 a. 2014 12 312014 6 2710018 6.841,155,011,542 78 140 2015
29 20142015 12 31 2014 2014 1 1 27,344 62 27,406 (1,553) (1,553) (1,590) (1,590) 29(a) 7,769 7,769 3,148 3,148 2014 12 31 35,113 67 35,180 2015 2015 1 1 35,113 67 35,180 (1,764) (1,764) (1,953) (1,953) 3,743 3,743 2015 12 31 35,113 93 35,206 2015 141
2015 12 31 30 2014 2014 1 1 26,250 442 (347) 114 86 12 (56) 4,116 30,617 2,991 2,991 (150) (150) (79) (79) 22 (110) (110) (18) (18) (24) (24) (229) (42) (110) 2,991 2,610 (9) (9) 59 59 21 21 (20) 20 (1) (1,552) (1,553) (1) (1,589) (1,590) 29(a) 7,769 7,769 7,769 21 37 11 (3,141) 4,697 2014 12 31 7,769 26,250 213 (347) 72 (3) 49 (45) 3,966 37,924 142 2015
30 2015 2015 1 1 7,769 26,250 213 (347) 72 (3) 49 (45) 3,966 37,924 3,949 3,949 (109) (109) 22 (54) (54) (263) (263) (77) (77) (109) (340) (54) 3,949 3,446 (93) (93) 48 48 (51) 51 (2) (1,762) (1,764) (2) (1,951) (1,953) (7) (42) (3,713) (3,762) 2015 12 31 7,769 26,250 104 (347) (268) (57) 42 (87) 4,202 37,608 2015 143
2015 12 31 31 a. 2014 1,793 (362) 21 1,452 13(a) (138) (13) (151) 921 921 (2) (2) 2,576 (362) 6 2,220 2015 2,576 (362) 6 2,220 13(a) (32) 137 2 107 (8) (8) 2 2 2,544 (233) 10 2,321 2014 2015 12 (280) (74) 12 (91) (157) (371) (231) 12 2,349 2,279 12 242 273 2,591 2,552 2,220 2,321 144 2015
31 b. 2015 12 3136201444.48 2015 12 314002014 1,400 2015 12 318.0420148.22 32 2015 12 31 2014 2015 433 30 463 452 30 482 375 69 444 123 19 142 307 117 424 312 112 424 272 171 443 192 100 292 1,387 387 1,774 1,079 261 1,340 (433) (30) (463) (452) (30) (482) 954 357 1,311 627 231 858 2015 145
2015 12 31 33 a. 2014 2015 3,300 4,586 (53) (63) 1,172 1,324 1 1 32 4 16 (22) (67) (47) (48) (27) 2 3,071 1,854 2 (5) (55) 10 8 164 284 2,802 4,335 13 13 (6) (2) 35 27 52 95 82 48 (9) (93) 472 16 (138) 177 (430) (452) (10) 3 56 4 9 (270) (483) 24 (1) (186) 58 (42) (40) 18 46 9,944 11,723 20 11 (326) (311) (69) (54) 9,569 11,369 146 2015
33 b. 2014 2015 20,029 198 1,993 56 6,391 12 1,776 17 1,186 1 (3,655) (41) (308) (921) 8 (64) (36) 26 14 6,402 53 13,627 145 20,029 172 26 (74) (4) 19,955 194 (1,186) (1) 18,769 193 77 c. 2015 12 3120145,500 d. 2014 2015 3,613 3,768 12 31 3,613 3,768 2015 147
2015 12 31 34 35 2014 61 61 21 21 25 25 25 21 61 107 3,546 3,546 3,875 3,875 49 49 18 18 76 76 3,613 3,613 11,110 18 49 11,177 11,135 39 49 61 11,284 148 2015
35 2014 3,877 3,877 1,979 1,979 5,023 5,023 433 433 94 94 278 278 11,684 11,684 32,549 32,549 100 100 954 954 119 119 100 33,622 33,722 100 45,306 45,406 2015 149
2015 12 31 35 2015 11 11 102 102 102 11 113 3,951 3,951 3,422 3,422 14 14 73 73 3,768 3,768 11,214 14 11,228 11,316 25 11,341 2015 3,879 3,879 2,194 2,194 4,900 4,900 452 452 72 72 353 353 11,850 11,850 32,436 32,436 443 443 627 627 267 267 443 33,330 33,773 443 45,180 45,623 150 2015
35 a. 30 20142015 12 31 25(b) 20142015 12 31 37 2015 151
2015 12 31 35 b. 37 2014 1 1 2 2 5 5 (3,992) (3,992) (3,877) (1,979) (1,979) (1,979) (5,023) (5,023) (5,023) (463) (463) (433) (94) (94) (94) (278) (278) (278) (11,829) (11,829) (11,684) (659) (12,212) (18,013) (4,195) (35,079) (32,549) 45 10 (87) (85) (117) (100) (444) (424) (443) (1,311) (954) (14) (6) (47) (107) (174) (119) (628) (12,652) (18,571) (4,830) (36,681) (33,722) (12,457) (12,652) (18,571) (4,830) (48,510) (45,406) 152 2015
35 b. 2015 1 1 2 2 5 5 (3,907) (3,907) (3,879) (2,194) (2,194) (2,194) (4,889) (4,889) (4,900) (482) (482) (452) (72) (72) (72) (353) (353) (353) (11,897) (11,897) (11,850) (616) (4,138) (18,864) (14,954) (38,572) (32,436) (i) (38) (36) (110) (156) (340) (443) (142) (424) (292) (858) (627) (ii) (18) (39) (3) (1,025) (1,085) (267) (672) (4,355) (19,401) (16,427) (40,855) (33,773) (12,569) (4,355) (19,401) (16,427) (52,752) (45,623) (i) 2015 12 311,60020143.7629.05 3 20302020 1 15 3.76 26(c)27(a) (ii) 2015 12 314,700201412 216.65 26(e)27(a) 2015 153
2015 12 31 35 c. i. 20142015 12 31 2015 12 31 13.76106.6120141077.69 216.652014 154 2015
35 c. i. 2014 2015 1,053 54 106 1,400 197 139 11 8 953 63 63 546 37 94 (975) (59) (40) (1,474) (61) (40) (94) (72) (3,877) (3,879) (7,618) (9,840) (1,666) (10,558) 58 140 (13,319) (1,493) 201 (276) (47) (149) (202) (52) (212) 7,760 9,840 1,666 (3,074) 11 (9) (3,681) 121 (11) 2015 155
2015 12 31 35 c. i. 2015 12 311% 2015 12 31 3,10020142,600 2015 12 319,80020143,900 2015 12 315%2015 12 31 2015 12 315% 2015 12 31 5002014 2015 12 318,3002014 20142015 12 31 156 2015
35 c. ii. 2015 12 31 2014 2015 % % 5.42 3,877 3.17 3,879 3.17 3,924 4.02 11,506 1.56 24,931 1.57 20,930 3.95 3,694 36,426 36,315 2015 12 3120201410 2015 12 312,70020142,000 2020142015 12 31 2015 157
2015 12 31 35 c. iii. 22 23 d. 20142015 12 31 2014 2015 3,877 3,963 3,879 3,890 32,549 32,757 32,436 32,600 35(e) e. 158 2015
35 e. 2014 61 61 39 39 49 49 100 49 149 (100) (100) 2015 7 7 25 25 32 32 (443) (443) 20142015 12 31 f. 2015 159
2015 12 31 36 a. 2014 2015 656 635 b. 2015 12 31 2014 2015 1 1,240 1,023 15 1,125 807 5 10 3 2,375 1,833 2014 2015 1 1,283 1,134 15 744 807 5 264 266 2,291 2,207 2015 12 31 192014111 160 2015
36 c. 2015 12 31 2014 2015 2,177 2,171 2,177 2,171 37 2014 2015 2,076 2,108 52 62 60 12 5 2,202 2,173 38 2015 12 31266.712014293.7755.27 201442.30 2015 12 31 35(b) 25(e) 26 2015 161
2015 12 31 39 a. 2015 12 31 i. Keycom plckeycom 2015 4 7Keycom plc 92.9% 2015 6100% 1,6601.96Keycom plc 1,6301.922015 12 31 2016 2016 (i) Keycom 166 4 26 196 (53) 143 Keycom 162 2015
39 a. 2015 12 31 i. Keycom plckeycom (i) Keycom Keycom 56 12 8 17 1 (30) (11) 53 166 26 192 (1) 2015 12 31 191 (ii) 5002015 12 31 (iii) 2015 1 1 Keycom2,400 200Keycom Keycom2015 12 31 ii. Syntelligence Ltd 2015 5 26Syntelligence Ltd 2015 163
2015 12 31 39 b. 2014 12 31 i. CSL Holdings LimitedCSL 2014 5 14 CSL Holdings Limited 4G 3G 2G 25.85200.54 CSL2015 5 14 3,700 (i) CSL 20,054 (6,402) 13,652 164 2015
39 b. 2014 12 31 i. CSL Holdings LimitedCSL (i) CSL CSL 1,992 6,391 14 1,574 26 202 1,186 (287) (2,745) (622) (64) (308) (921) 6,438 (36) 6,402 2014 19,943 2015 77 20,020 (1,186) 18,834 (ii) 2014 1 1CSL 29.42 3.71CSL CSL2014 12 31 ii Crypteia Networks S.A. 2014 10 20Crypteia Networks S.A. 2015 165
2015 12 31 40 2014 10 14 1.8 2.25 2014 12 225 (14) (199) (36) 79 9 55 16 5 117 58 234 191 (177) (98) (7) 323 (124) 199 211 (191) 20 166 2015
41 2015 12 31 2015 12 31 1 2016 1 1 16 2016 1 1 16 2016 1 1 27 2011 2016 1 1 28 2011 2016 1 1 28 2011 2016 1 1 38 2016 1 1 41 2016 1 1 10 2016 1 1 10 2016 1 1 11 2016 1 1 12 2016 1 1 14 2016 1 1 15 2018 1 1 9 2014 2018 1 1 2014 102012 2014 2016 1 1 2015 12 31 2015 167
2015 12 31 2011 2012 2013 2014 2015 16,357 17,348 18,773 19,309 20,205 2,658 3,049 3,371 8,950 14,317 810 684 688 564 207 19,825 21,081 22,832 28,823 34,729 (8,149) (9,027) (10,117) (12,053) (15,539) (8,510) (9,073) (9,501) (12,416) (13,287) (28) 18 84 151 18 (1,504) (805) (833) (1,124) (1,310) (19) (79) 50 (81) (25) 1,615 2,115 2,515 3,300 4,586 (344) (455) (16) (242) (600) 1,271 1,660 2,499 3,058 3,986 1,221 1,610 2,460 2,991 3,949 50 50 39 67 37 12 31 2011 2012 2013 2014 2015 56,854 56,810 56,348 77,542 77,570 8,184 9,563 9,471 12,258 12,347 (6,862) (16,005) (7,157) (14,415) (14,778) (27,243) (19,251) (27,857) (37,346) (37,404) 30,933 31,117 30,805 38,039 37,735 2014 12 31 CSL 2013 12 31 168 2015
170 178 2015 12 31 405 2015 12 31 2016 2 25 2015 169
2015 12 31 2014 2015 45 89 (45) (47) 5 42 6 42 175178 170 2015
2015 12 31 2014 2015 42 42 175178 2015 171
2015 12 31 2014 2015 4(c) 84 174 84 174 82 127 4(c) 44 47 126 174 (42) 7 (42) (42) 2016 2 25 175178 172 2015
2015 12 31 2014 2014 1 1 (42) (42) 2014 12 31 (42) (42) 2015 2015 1 1 (42) (42) 42 42 42 42 2015 12 31 175178 2015 173
2015 12 31 2014 2015 42 (45) (90) 2 45 43 3 175178 174 2015
2015 12 31 1 2011 6 14 979 39 2 a. b. 10 6222014 3 3 7 6229 3 2015 175
2015 12 31 2 c. d. i. ii. iii. iv. v. (i) vi. 3 176 2015
4 2014 2015 45 89 a. b. 20142015 12 31 c. 5 2014 2015 43 45 6 20142015 12 31 20142015 12 31 7 2014 2015 1 1 1 1 1 8 9 2015 177
2015 12 31 10 2015 12 31 2015 12 31 1 2016 1 1 16 2016 1 1 16 2016 1 1 27 2011 2016 1 1 28 2011 2016 1 1 28 2011 2016 1 1 38 2016 1 1 41 2016 1 1 10 2016 1 1 10 2016 1 1 11 2016 1 1 12 2016 1 1 14 2016 1 1 15 2018 1 1 9 2014 2018 1 1 2014 102012 2014 2016 1 1 2015 12 31 178 2015
FREng, GBS, JP Sunil Varma PO Box 309, Ugland House Grand Cayman, KY1-1104 Cayman Islands 979 39 2015 12 31 1,000 7,571,742,334 2015 12 31 25.79 28.27 2015 2015 2015 2016 +852 2514 5084 ir@hkt.com 2016 2 25 2016 5 11 12 2016 5 12 2016 5 26 2016 5 5 FREng, GBS, JP Sunil Varma 979 39 Maples Fund Services (Cayman) Limited PO Box 1093, Boundary Hall, Cricket Square Grand Cayman, KY1-1102 Cayman Islands 183 17 1712-1716 +852 2862 8555 +852 2865 0990 hkinfo@computershare.com.hk 6823 6823.HK 6823 HK www.hkt.com 2015 179
2015 2015 www.hkt.com/ir (www.hkexnews.hk) A) 2015 B) 2015 183 17M +852 2862 8688 +852 2865 0990 hkt@computershare.com.hk 2015 2015 2015 180 2015