untitled

CHINA PACIFIC INSURANCE (GROUP) CO., LTD. 2008 (601601)

2008...2...4...5...7...12...20...27...28...50...53...59...60...66...67

2008 1 2 2009 4 9 2008 15 15 3 2008

2008 1 2 3 4 5 6 7 8

2008 1 CHINA PACIFIC INSURANCE (GROUP) CO., LTD. CPIC 2 3 021-58776688 021-68870791 ir@cpic.com.cn 190 4 190 190 200120 http://www.cpic.com.cn ir@cpic.com.cn 5 http://www.sse.com.cn 6 A A A 601601 7 1991 5 13 1000001001110 310043132211707 310043132211707 13221170-7 1 16

2008 : (749) (355) 1,339 984 25,056 : 127 280 (13) (34) (5) 355 : 2008 2007 (%) 2006 97,835 93,008 5.2 57,526 (355) 8,443 (104.2) 2,026 1,339 6,893 (80.6) 1,008 984 6,934 (85.8) 1,297 () 0.17 1.12 (84.8) 0.23 () () 0.13 1.12 (88.4) 0.30 (%) 2.8 11.0 8.2 9.0 (%) 2.4 27.4 25.0 11.4 (%) 2.0 11.0 9.0 11.6 (%) 1.8 27.6 25.8 14.6 25,056 21,670 15.6 27,541 3.25 2.81 15.6 6.40 2008 2007 (%) 2006 319,390 309,010 3.4 203,091 48,741 62,807 (22.4) 11,153 () 6.33 8.16 (22.4) 2.59 2008 12 31 / 2008 : 2007 12 31 / 2007 (1) 287,896 286,369 (%) (2) 2.9 11.7 (6) 64,005 48,639

2008 2008 12 31 / 2007 12 31 / 2008 2007 % 31.6 36.7 16,782 9,369 % (3) 3.6 5.0 (6) 20,132 16,753 % 20.2 36.7 15,936 10,823 14,504 12,721 10,094 8,650 % (4) 103.4 99.9 % (5) 65.6 59.7 (1) (2)=(++)/((+ )/2) (3)/((+)/2) (4)=(-+-++ ++-+/() )/ (5)=(-+-)/ (6)

2008 (%) (%) 1 555,421,100 7.21 - - - -112,921,100-112,921,100 442,500,000 5.75 2 4,166,608,244 54.11 - - - -881,726,244-881,726,244 3,284,882,000 42.66 3 944,670,656 12.27 - - - -886,335,656-886,335,656 58,335,000 0.75 944,670,656 12.27 - - - -886,335,656-886,335,656 58,335,000 0.75 - - - - - - - - - 4 1,333,300,000 17.32 - - - - - 1,333,300,000 17.32 1,333,300,000 17.32 - - - - - 1,333,300,000 17.32 - - - - - - - - - 7,000,000,000 90.91 - - - -1,880,983,000-1,880,983,000 5,119,017,000 66.48 1 700,000,000 9.09 - - - +1,880,983,000 +1,880,983,000 2,580,983,000 33.52 2 - - - - - - - - - 3 - - - - - - - - - 4 - - - - - - - - - 700,000,000 9.09 - - - +1,880,983,000 +1,880,983,000 2,580,983,000 33.52 7,700,000,000 100.00 - - - - - 7,700,000,000 100.00 12008 3 26 300,000,000 22008 12 25 5,119,017,000 1,580,983,000 1 1,340,000,000 - - 1,340,000,000 2 () 1,278,235,705 - - 1,278,235,705 3 3 3 Parallel Investors Holdings Limited 1,051,785,087 - - 1,051,785,087 3 4 442,500,000 - - 442,500,000 3

2008 5 () 440,000,000 - - 440,000,000 3 6 Carlyle Holdings Mauritius Limited 281,514,913 - - 281,514,913 3 7 71,804,295 - - 71,804,295 8 48,100,000 - - 48,100,000 9 34,457,000 - - 34,457,000 10 18,950,000 - - 18,950,000 3 3 3 3 11 5,000,000 - - 5,000,000 3 12 110,000,000 105,000,000-5,000,000 2007 6 4 3 13 50,000,000 - - 50,000,000 2007 6 4 3 14 48,335,000 - - 48,335,000 2007 6 4 3 15 3,335,000 - - 3,335,000 2007 6 4 3 16 215 A 1,475,983,000 1,475,983,000 - - 2008 12 25 1 17 442 A 300,000,000 300,000,000 - - 2008 3 26 7,000,000,000 1,880,983,000-5,119,017,000 - -

2008 1 : A 2007 12 14 30.00 1,000,000,000 2007 12 25 7,700,000,000 2007430200620079122007 20071132007 2007730() [2007]9782007126 () [2007]456 A 20071230 10A 7720083 4 A1000001001110 77 2 2008 12 31 : 308,783 (%) 17.40 1,340,000,000-1,340,000,000 - () 16.60 1,278,235,705-1,278,235,705 - Parallel Investors Holdings Limited 13.66 1,051,785,087-1,051,785,087-5.75 442,500,000-442,500,000 - () 5.71 440,000,000-440,000,000 - CarlyleHoldingsMauriti uslimited 3.66 281,514,913-281,514,913-3.35 258,127,000 - - - 2.34 180,000,000 - - - 1.43 110,000,000-5,000,000 101,000,000 1.09 83,787,900-16,212,100 - - 258,127,000 A 180,000,000 A 105,000,000 A 83,787,900 A 50,000,000 A 35,070,000 A 30,650,000 A

2008 30,000,000 A 23,000,000 A 20,000,000 A 20,000,000 A Parallel Investors Holdings Limited Carlyle Holdings Mauritius Limited, 2008 12 31 5% 1 1994 11 21 68.69 2 1996 11 18 60 3 Parallel Investors Holdings Limited Parallel Investors Holdings Limited 4 1999 9 24 50 5 1984 4 2 17.40 2008 12 31

2008 (1) (2) Parallel Investors Holdings Limited (4) (3) 17.40% 16.60% 13.66% 5.75% 5.71% 1 1,435,754,295 18.65% 2Parallel Investors Holdings Limited Carlyle Holdings Mauritius Limited The Carlyle Group 1,333,300,000 17.32% 3 488,100,000 6.34% 4 476,957,000 6.19%

2008 52 2007 6 177.1 51 2007 6 166.6 57 2007 6 57 2007 6 60 2007 6 61 2007 6 25.0 41 2007 6 25.0 42 2007 6 25.0 43 2007 6 39 2007 6 62 2007 11 25.0 60 2007 6 25.0 59 2007 6 25.0 56 2007 6 25.0 48 2007 6 25.0 45 2007 6 25.0 54 2007 6 25.0 38 2007 6 25.0 53 2008 8 161.7 41 2007 4 54.4 51 2007 8 310.6 56 2007 8 173.9 54 2007 8 171.6 43 2007 8 161.7 45 2007 8 161.6 41 2007 8 102.3 36 2007 12 507.2 52 2007 11 162.8 40 2007 11 158.1 42 2008 2 237.9 3,107.6 1 2 2007 25 3 2008 1-7 14.6 4 2008 140.1 2002 2008 5

2008 20069 200010 1993 200010 1999200312 200010 1998 2006 20001020002 200010 19982007 20034 200692004 320022003

2008 200411 2003620054 20076 2001 Carlyle Asia Partners Principal Investment Asia Asia Management Committee 20076 1998 200711 50 199912200612 19701984 1999 2007620041 Queen Elizabeth College 20076 200762005 19972007 1996200619992006 19881991

2008 2007 6 1989 20045 19952001 1986 1991919939 20076 200420071994 20076 2008820034 200452005 1993 2000 200520078 1991 20012005 1991

2008 1999 1993 20013200712 1993 EMBA 2005 1991 EMBA 2007 1995 ACII Middlesex 2007 12 2007 11 2006 8

2008 2007 11 2007 7 Concordia 2008 2 2008 2001 1998 2000 19982007 2006 2005 2001 1998 2002 2001 2007 2004 GST Holdings Limited 2005 Nam Hing Holdings Limited 2005-2008 2003 2002 2004 2006 2005 1989 2004

2008 2006 2008 2007 2007 1 2 2008 2008 8 27 2008 8 27 2008 2 25

2008 2008 12 31 64,131 1 () (%) 1,617 2.5 27,405 42.7 28,487 44.5 6,622 10.3 64,131 100.0 2 () (%) 1,159 1.8 20,113 31.4 42,859 66.8 64,131 100.0

2008 2007 1 2008 12 31 15 5 7 2008 6 2008 6 2007 2008 2009 2008 7 2008 3

2008 5 3 2 2008 3 [2008]27 2008 7 10 2008 10 2008 10 27 2008 2008 2008 5

2008 1 () () () 7 5 2 0 7 7 0 0 / 7 6 1 0 2008 7 7 0 0 / 2008 7 6 1 0 2 3 2008

2008 2008 2008 2008

2008 2008 1 2 1 2008 12 31 + 5% 112 112-5% 112 112

2008 2 2008 12 31 1 771 +50-50 2 844 2008 12 31 +50 303 303-50 303 303 3 () 5 95% 200812315 11.94 4

2008 3 AAA 4 5 6 2008 12 31 373% 234% 188%

2008 2008 3 21 2008 1 <> <> IT 2008 5 28 2007 2007 2007 < 2007 > 2007 2007 2008 < 2007 >

2008 2008 1 2008 940.16 26.6% 660.92 30.4 9.0% 278.75 18.7 11.4% 2008 13.39 2008 699.78 181.03 29.2% 12 31 12 () 2008 2007 94,016 74,236 66,092 50,686 27,875 23,474 8,408 27,658 1,339 6,893 2,941 4,550 366 2,243 9.0% 10.2% 11.4% 11.2% 3,137 2,691 1,060 921 31 32 215 188 2

2008 2008 140 28 2007 37.8% 2008 22.1% 2008 86.9% 21.5 4.7% 18.1 3 2008 36.51 21.1% 68.38 33.0% 49.18 22.0% 78.7% 8.5 81.94 17.1% 2.9% 67 4 2008 2008

2008 2008 2008 2008 2008 2008 1 2008 1 12 31 12 () 2008 2007 66,092 50,686 15,399 15,911 33,255 12,969 14,600 19,173 2,838 2,633 66,092 50,686 46,663 34,170 6,838 5,141 39,825 29,029 19,429 16,516 66,092 50,686 60,936 44,953 5,156 5,733 2008 660.92 30.4% 153.99 332.55 156.4% 146.00 23.9% 28.38 7.8% 2008 466.63 36.6% 68.38 33.0% 398.25 37.2% 2008 37.91 26.4% 23.68 123.2%

2008 2 12 31 12 () 2008 2007 25,811 23,302 6,776 7,117 5,335 4,998 4,918 4,032 1,441 2,119 19,035 16,185 2008 258.11 10.8% 78.7% 8.5 22.0% 2008 12 31 12 2008 2007 22 20 2,807 3,257 1.26 1.42 13 % 86.0 85.7 25 % 81.6 79.1 2008 2008 12 31 12 () 2008 2007 33,960 20,725 33,688 20,538 1,485 134 1,485 134 32,203 20,404 272 187 2008 339.60 63.9% 14.77 1045.0%

2008 2008 2008 63.21 5.1% 14.8% 12 31 12 () 2008 2007 6,321 6,659 6,199 6,515 18 9 18 9 6,181 6,506 122 144 3 2008 60.8% 12 31 12 () 2008 2007 66,092 50,686 6,442 5,642 5,346 4,327 4,596 3,568 4,479 2,591 3,816 3,259 3,405 2,689 3,403 3,067 3,249 2,809 2,854 1,717 2,572 1,834 40,162 31,503 25,930 19,183 4 1995 1999 6 4%1999 6 2.5% 2.5% 2008 12 31 438.29 20.3% 2007 12 31 22.8% 2008 12 31 6.37% 2007 12 31 6.38%

2008 2 1 2008 2008 278.75 18.7% 12 31 12 () 2008 2007 27,875 23,474 19,681 16,475 8,194 6,999 2008 196.81 19.5% 2008 81.94 17.1% 2008 12 31 12 () 2008 2007 8,194 6,999 4,365 3,719 1,238 1,086 966 904 677 520 948 770 2 2008 12 31 14,800 19,100 970 10,040 740 12 31 12 () 2008 2007 27,875 23,474 10,986 10,027 15,874 12,664 1,015 783

2008 3 2008 72.4% 12 31 12 () 2008 2007 27,875 23,474 5,014 4,308 2,891 2,411 2,409 2,100 2,376 2,085 2,191 1,938 1,802 1,573 1,030 876 846 632 840 749 774 643 20,173 17,315 7,702 6,159 3 2008 1 2008 2,878.96 2008 86.9% 21.5 2008 79.2% 4.7% 2008 22.1% 21.1% 12 31 () 2008 2007 287,896 286,369 250,190 187,236 164,898 126,534 82,756 59,262

2008 12 31 () 2008 2007 (1) 2,536 1,440 13,594 65,315 7,981 30,470 5,324 34,589 (2) 289 256 6,539 4,696 17,573 29,122 1,166 2,463 96,064 121,783 70,980 58,120 289 256 (3) 119,397 103,747 (1) (2) (3) 2 2008 84.08 69.6% 2.9% 8.8 12 31 12 () 2008 2007 10,589 6,594 7,132 5,748 17,721 12,342 ()/ (3,756) 14,616 ()/ (742) 235 (5,147) - 332 465 8,408 27,658 (%) 2.9 11.7 (1) 3 27 160

2008 40 25 1 2008 12 31 /2008 2007 12 31 /2007 (%) 319,390 309,010 3.4 270,162 245,689 10.0 49,228 63,321 (22.3) (749) 8,496 (108.8) 1,339 6,893 (80.6) 2 30% 2008 2007 12 31 12 31 () 1,166 2,463 (52.7) 60 5,500 (98.9) 2,033 1,444 40.8 4,979 3,393 46.7 236 167 41.3 698 442 57.9 82,756 59,262 39.6 1,838 998 84.2 2,051 454 351.8 2,549 5 50,880.0 2,257 1,439 56.8 7,020 11,788 (40.4) 2,213 1,608 37.6 (619) (154) 301.9 1,497 1,137 31.7 4,147 2,779 49.2 766 7,103 (89.2) 08 98 402 (75.6) 1 3,671 (100.0) (24) (18) 33.3 2008 2007 (1-12 ) (1-12 ) () (1,307) (1,939) (32.6) 14,008 27,009 (48.1) /() (742) 235 (415.7) (132) (252) (47.6)

2008 (32,741) (20,234) 61.8 4,405 2,839 55.2 770 1,469 (47.6) (2,595) (1,223) 112.2 (532) (810) (34.3) (5,221) (28) 18,546.4 394 (53) (843.4) 1,770 (1,374) (228.8) 3 2008 13.39 80.6% 2008 2007 2,941 4,550 366 2,243 (1,968) 100 1,339 6,893 4 2008 2007 % 96,092 75,671 27.0 (71,036) (54,001) 31.5 25,056 21,670 15.6 146,334 71,865 103.6 (175,708) (120,036) 46.4 (29,374) (48,171) (39.0) 225 44,631 (99.5) (7,356) (821) 796.0 /() (7,131) 43,810 (116.3) (100) (43) 132.6 (11,549) 17,266 (166.9) 2007 A 2007

2008 1 98.29%2008 12 31 12 () 2008 2007 64,005 48,639 13,053 22,881 (36) (100) 182 256 77,204 71,676 (7,257) (8,222) (16,782) (9,369) 399 473 (35,778) (39,747) (4,739) (3,746) (5,382) (4,435) (5,834) (1,723) (75,373) (66,769) 1,831 4,907 274 (28) 836 (329) 2,941 4,550 (1) (2) 12008 640.05 31.6% 22008 130.53 43.0% 32008 72.57 11.7% 42008 167.82 79.1% 12 31 12 () 2008 2007 16,782 9,369 2,334 3,786 13,323 4,558 180 183 945 842

2008 16,782 9,369 945 842 14,149 7,233 989 730 699 564 5 2008 47.39 26.5% 12 31 12 () 2008 2007 4,739 3,746 1,470 1,736 2,151 988 654 677 464 345 62008 53.82 21.4% 2007 8.7% 2008 8.1% 72008 58.34 238.6% 34.65 82008-8.36 92008 29.41 2 98.30%2008 12 31 12 () 2008 2007 20,132 16,753 1,514 3,782 (88) (89) 68 36 21,626 20,482 (15,936) (10,823) 4,082 2,419 (1,354) (1,603) (2,508) (1,857) (5,740) (5,250) 112 (96) (21,344) (17,210) 282 3,272 (8) (23)

2008 92 (1,006) 366 2,243 (1) (2) 12008 201.32 20.2% 22008 15.14 60.0% 32008 159.36 47.2% 12 31 12 () 2008 2007 15,936 10,823 11,487 7,907 4,449 2,916 42008 25.08 35.1% 2007 7.9% 9.0% 12 31 12 () 2008 2007 2,508 1,857 1,777 1,268 731 589 52008 57.40 9.3% 2007 22.4% 2008 20.6% 62008-0.92 72008 3.66 3 99.66% 2008 12 31 6.49 5.41 2008 0.18 4 2008 12 31 4.39 2.63 1.71 2008 0.06

2008 () 1 1 2 3 2 1. 2,463 (742) - - 1,166 - - - - - 2. 121,783 - (22,942) (5,141) 96,064 124,246 (742) (22,942) (5,141) 97,230 - - - - - - - - - - - - - - - 124,246 (742) (22,942) (5,141) 97,230

2008 3 (1) (2) (3) (4) (5) (6) 1. - - - - - - - - - - 2. 2,469 - - - 3,181 3. 1,886 - (452) (7) 404 4. 92 - - (4) 68 4,447 - (452) (11) 3,653 450 - - - 1,000 1 () 2008.12.31 2007.12.31 24,035 23,570 10,291 8,507 % 234 277 5,959 5,955 3,177 2,715 % 188 219 2 2008 12 31 2,219.79 17.8% 245.98 15.1%

2008 () 2007 12 31 2008 12 31 188,368 60,398 (16,782) (7,256) (2,749) 221,979 1,337 2,838 - - (2,749) 1,426 405 1,011 (946) - - 470 179,637 54,727 (15,662) (7,155) - 211,547 6,989 1,822 (174) (101) - 8,536 21,371 45,253 - - (42,026) 24,598 12,721 27,874 - - (26,091) 14,504 8,650 17,379 - - (15,935) 10,094 3 2008 12 31 12 () 2008 2007 2,023 1,747 854 789 289 194 15-865 764 6,505 5,097 3,076 2,394 3,429 2,703 0.58 2008 12 31 () 2008 2007 444 419 139 156 236 167 3,622 3,001 3,126 2,580 2,927 2,838 50%

2008 A- 1 2008 2008 9,784.10 2007 39% 3.34 2009

2008 2009 2009 2 122 8 64 44 6 9 2,947 139 2008 (%) 295,591.23 40.28 101,177.62 13.79 66,092.03 9.01 57,745.47 7.87 55,682.80 7.59 157,467.53 21.46 733,756.67 100.00 2008 (%) 101,656.07 41.56 27,816.78 11.37 26,751.34 10.94 19,124.81 7.82 9,424.49 3.85 59,851.43 24.46 244,624.92 100.00 2009

2008 2009 [2007]456 2007 12 A 290.32 1 2008 1 22 < >< >< >< >< >< > IT 2008 2 2008 2 25 3 2008 4 10 < 2007 > < 2007 >< 2007 >

2008 2007 2007 2008 < 2007 >< 2007 >< 2007 >< >< >< 2007 > 2007 4 2008 7 8 2008 < 2008 >< > 5 2008 8 21 < 2008 > <>< > 6 2008 10 24 < 2008 > < >< >< > 7 2008 11 29 2008 2008 2009 2008 6

2008 2008 1 22 3 28 2007 12 31 2008 4 9 2008 2007 2007 2008 2007 2007 2008 2008 5 22 2008 2008 8 20 2008 2008 2008 2008 10 23 2008 2008 2009 2009 2008 7 2008 1 22 2008 2008 4 9 2008

2008 2008 5 22 2008 2008 6 16 2008 7 1 2008 2008 2008 8 5 2008 2008 10 23 2008 2008 9.09 10% 40.41 77 0.30 23.10 2009 (1) (2) (%) (3)=(1)/(2) 2005-1,131-2006 - 1,008-2007 2,310 6,893 33.5

2008 2008 3 11 10 1 2008 4 10 < 2007 > < 2007 > < 2007 > 2007 2007 2008 < 2008 > 2 2008 8 21 < 2008 > 3 2008 10 24 < 2008 > < > 2008

2008 2008 2008 2008

2008

2008 () () () 1 2008 6 12 160 40 25% 2007 12 1,150 2 2008 11 26 10 27 () () () () () () () () H 2007 2008 9 14 H

2008 () 2008 3,845 () () 1 () () () 1 SS110971 17.27 154,480 17.46 31.49 0.19 2 SZ125960 9.37 86,948 9.33 16.83 (0.04) 3 SS110227 8.13 70,660 8.03 14.48 (0.10) 4 SS600880 7.24 599,968 7.95 14.34 0.71 5 SZ000063 4.56 200,000 5.44 9.81 0.88 6 SS110567 2.94 28,710 2.96 5.34 0.02 7 SZ000987 2.55 237,170 2.51 4.53 (0.04) 8 SS600423 1.76 200,000 1.57 2.83 (0.19) 9 SS600017 0.28 50,000 0.19 0.35 (0.08) 10 N/A (80.23) (5.55) 54.10 1,627,936 55.44 100.00 (84.43) (1) (2) (3) 2 () () 1 SS600837 1,733 1.28 853 8 (2,155) 2 SZ000001 A 1,586 2.81 825 2 (1,104) 3 SS600795 261 0.77 235 3 (73) 4 SZ000063 208 0.71 188 - (66)

2008 () HK0763 72 47 - (25) 5 SS600050 259 0.21 226 - (164) 6 SS600087 353 3.20 199 3 (134) 7 HK0941 308 0.01 190 6 (152) 8 SS600196 133 1.21 159 0 26 9 SS601328 237 0.06 142 12 (481) 10 SS600674 163 1.40 131 - (230) 5,313 3,195 34 (4,558) (1) (2) (3) 3 % 400,000,000 400,000,000 50 210,689,924 75,500,000 75,500,000 13 75,500,000 475,500,000 475,500,000-286,189,924 (1) (2) 4 / () () 1,543,485,449 18,675-2,990,871,786 - (453) 5 2008 [2008]853 [2008] 1576 59.02 79.13 51.00 98.29% 2008 [2008]854 27.61 40.88 98.30% 6

2008 7 2008 5 () ( 2008-001) 2008-01-17 ( 2008-002) 2007 2008-01-21 ( 2008-003)2007 2008-01-25 ( 2008-004) 2008-01-26 ( 2008-005) ( 2008-006) 2008-01-26 2008-01-26 ( 2008-007) 2008-02-05 ( 2008-008) 2008 2008-02-05 2008-2008-02-05 ( 2008-009) 2008-02-16 ( 2008-010) 2008-02-27 ( 2008-011) ( 2008-012) ( 2008-013) 2008 2008-02-27 2008-03-01 2008-03-05 ( 2008-014) 2008-03-07 ( 2008-015) ( 2008-016) 2008 2008-03-08 2008-03-08 ( 2008-017) 2008-03-08 ( 2008-018) 2008-03-18 ( 2008-019)2008 ( 2008-020) A () 2008-03-22 2008-03-22 2008-2008-03-22 ( 2008-021) 2008-04-12 ( 2008-022) 2008-04-12 http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn

2008 2007-2008-04-12 2007 2008-04-12 ( 2008-023) 2007 2008-04-12-2008-04-12 2007-2008-04-12 2007-2008-04-12 - 2008-04-12 ( 2008-024) 2008-04-17 2008 2008-04-22 ( 2008-025) 2008-05-16 ( 2008-026)2007 2008-05-29 2007-2008-05-29 ( 2008-027)2007 ( 2008-028) ( 2008-029) 2008 ( 2008-030) ( 2008-031) ( 2008-032) ( 2008-033) 2008-06-11 2008-06-17 2008-07-10 2008-07-10 2008-07-16 2008-07-29 2008-08-19 2008-2008-08-23 2008 ( 2008-034) ( 2008-035) ( 2008-036) ( 2008-037) ( 2008-038) 2008 ( 2008-039) 2008-08-23 2008-08-23 2008-08-23 2008-09-05 2008-09-18 2008-10-17 2008-10-27 2008-10-27 http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn

2008 ( 2008-040) ( 2008-041) ( 2008-042) ( 2008-043) 2008 ( 2008-044) 2009 2008-10-27 2008-10-27 2008-11-19 2008-12-01 2008-12-01 2009-2008-12-01 ( 2008-045) ( 2008-046) ( 2008-047) 2008-12-01 2008-12-16 2008-12-22 http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn http://www.sse.com.cn

2008

2008 () () 20081231 20081231 2008123120081231 2007123120081231 20081231 20081231 2008 200949

2008 2008 20081231 20081231 2008123112% 20081231 20071231 51,876 60,740 24,352 16,243 19996 (2,251) (2,237) 19996 27,109 21,899 (6,441) (5,336) 18,417 14,326 98.29% 97.83%

2008 20081231 20071231 18,103 14,015 69,978 74,755 42,769 30,570 4,740 3,865 (1,089) (850) 3,651 3,015 20081231, 20081231 1. 12% 2. 20094.65%20145.2% 5.2%2008 3. (2000-2003) :(2000-2003)80% 50%25% :(2000-2003)90%,

2008 4. 20%75% 5. 6. 2008 2.5% 7. :70% :70% :80% 8. 25%20097% 201414% 5.5% 12%20071231 20081231 1 2007 12 31 30,570 2 3,038 2007 2008 2008 2008 3 3,651 2008 4 (162) 2008 () 5 (1,513) 2008 6 (8,959) 2008 7 (215) 2008 8 4,730 2008 9 (299) 10 14,000 11 (2,070) 12 2008 12 31 42,769 39.9%

2008 13 2007 12 31 44,966 14 (3,471) 15 (14,000) 16 569 17 2008 12 31 28,064 18 (855) 2008 19 2008 12 31 69,978 20 2008 12 31 () 9.09 20081231 10%14% 225 325 10% 10% 10% 10% 5% 10% 150

2008 20081231 1 18,417 3,651 18,414 3,651 2 10% 22,675 4,677 3 14% 15,077 2,868 2 25 20,941 3,887 3 25 15,892 3,414 10% 18,526 3,668 10% 18,526 3,665 10% 18,534 3,714 10% 18,873 3,981 5% 17,865 3,473 10% 18,470 3,725 150% 15,232 3,096

2008 1 2 3 4

2008 120081231 2 32008 42008

() 20081231

1-2 3-4 5 6-7 8-9 10 11 12-13 14 15-118

(2009)60603963_B01 () ()( ) ( )20081231 2008 (1) (2)(3) 1

200812312008 200949 2

2008 12 31 () 2008 12 31 2007 12 31 1 17,513 23,622 2 1,166 2,463 3 60 5,500 4 2,270 2,267 5 2,033 1,444 6 4,979 3,393 3,533 2,966 3,076 2,997 236 167 3,622 3,001 698 442 7 82,756 59,262 8 96,064 121,783 9 70,980 58,120 10 16,532 13,923 11 289 256 12 1,838 998 13 4,310 3,976 14 2,051 454 15 578 532 16 2,549 5 17 2,257 1,439 319,390 309,010 15 118 3

() () 2008 12 31 () 2008 12 31 2007 12 31 19 7,020 11,788 2,788 2,150 829 804 20 2,213 1,608 21 993 1,065 22 (619) (154) - 7 1,497 1,137 23 4,147 2,779 766 7,103 24 15,946 14,075 25 10,638 9,120 26 211,547 179,637 27 8,536 6,989 28 120 105 29 2,188 2,113 30 98 402 16 1 3,671 31 1,454 1,290 270,162 245,689 32 7,700 7,700 33 36,195 49,284 34 985 894 35 3,885 4,947 (24) (18) 48,741 62,807 36 487 514 49,228 63,321 319,390 309,010 3 118 15 118 4

() 2008 () 2008 2007 97,835 93,008 84,274 65,536 37 94,016 74,236 38 64 68 39 (8,435) (6,761) 40 (1,307) (1,939) 41 14,008 27,009 9 14 ()/ 42 (742) 235 (132) (252) 43 427 480 (98,584) (84,512) 44 (7,257) (8,222) 38, 45 (32,741) (20,234) 39 4,405 2,839 46 (37,909) (42,823) 47 770 1,469 (2,595) (1,223) 38 (14) (10) 48 (1,677) (2,218) 49 (7,258) (5,615) 50 (11,430) (10,055) 39 2,904 2,431 51 (532) (810) (29) (13) 52 (5,221) (28) ()/ (749) 8,496 53 454 115 54 (60) (168) ()/ (355) 8,443 55 1,770 (1,374) 1,415 7,069 1,339 6,893 76 176 () 56 0.17 1.12 15 118 5

() 2008 () 2008 7,700 49,284 894 4,947 (18) 62,807 514 63,321 - (13,089) 91 (1,062) (6) (14,066) (27) (14,093) () - - - 1,339-1,339 76 1,415 () - (13,089) - - (6) (13,095) (43) (13,138) 1. - (22,484) - - - (22,484) (458) (22,942) (1) - (26,479) - - - (26,479) (471) (26,950) (2) - 3,995 - - - 3,995 13 4,008 2. - 5,067 - - - 5,067 74 5,141 3. - 4,348 - - - 4,348 96 4,444 4.( (33)) - (20) - - - (20) 245 225 5. - - - - (6) (6) - (6) ()() - (13,089) - 1,339 (6) (11,756) 33 (11,723) () - - 91 (2,401) - (2,310) (60) (2,370) 1. - - 91 (91) - - - - 2. - - - (2,310) - (2,310) (60) (2,370) 7,700 36,195 985 3,885 (24) 48,741 487 49,228 2008 12 31 3.27 3.25 15 118 6

() () 2008 () 2007 /() 4,300 7,914 303 (1,355) (9) 11,153 2,113 13,266 - - 244 (244) - - - - 4,300 7,914 547 (1,599) (9) 11,153 2,113 13,266 3,400 41,370 347 6,546 (9) 51,654 (1,599) 50,055 () - - - 6,893-6,893 176 7,069 () - 5,496 - - (9) 5,487 (1,709) 3,778 1. - 8,080 - - - 8,080 609 8,689 (1) - 20,140 - - - 20,140 1,268 21,408 (2) - (12,060) - - - (12,060) (659) (12,719) 2. - (1) - - - (1) - (1) 3. - (1,555) - - - (1,555) (47) (1,602) 4. - (16) - - - (16) 16-5. - (1,024) - - - (1,024) (2,287) (3,311) 6. - 12 - - (9) 3-3 ()() - 5,496-6,893 (9) 12,380 (1,533) 10,847 () 3,400 35,874 - - - 39,274-39,274 1. 3,400 35,874 - - - 39,274-39,274 () - - 347 (347) - - (66) (66) 1. - - 347 (347) - - - - 2. - - - - - - (66) (66) 7,700 49,284 894 4,947 (18) 62,807 514 63,321 2007 12 31 6.67 6.66 15 118 7

() 2008 () 2008 2007 94,565 74,704 451-1,076 967 96,092 75,671 (32,357) (19,676) (1,114) (1,824) (6,436) (4,441) (7,238) (5,443) (1,299) (428) (4,287) (3,033) (2,750) (3,343) 57 (15,555) (15,813) (71,036) (54,001) 59 25,056 21,670 130,499 60,726 15,583 11,084-6 252 49 146,334 71,865 (172,457) (118,161) (256) (223) (50) (157) (2,945) (1,495) (175,708) (120,036) (29,374) (48,171) 15 118 8

() () 2008 () 2008 2007 225 35,963-8,668 225 44,631 (2,588) (821) (4,768) - (7,356) (821) ()/ (7,131) 43,810 (100) (43) ()/ (11,549) 17,266 58, 59 29,122 11,856 58, 59 17,573 29,122 15 118 9

() 2008 12 31 () 2008 12 31 2007 12 31 2,538 16,071 1 33 39 2-5,500 155 159 3 6,566 4,578 4 4,290 19,864 5 682 27 6 1,876 704 7 30,792 14,046 8 211 219 335 282 1,539-226 265 753-9 990 1,857 50,986 63,611 101 132 (135) 76 94 87-108 10 455 11,237 515 11,640 7,700 7,700 11 38,048 38,147 682 591 4,041 5,533 50,471 51,971 50,986 63,611 15 118 10

() 2008 () 2008 2007 1,702 3,897 12 1,485 3,737 9 14 /() 13 4 (16) (7) (63) 220 239 (1,757) (400) (30) (27) (353) (370) (38) (3) (1,336) - ()/ (55) 3,497 123 - (7) (2) 61 3,495 848 (32) 909 3,463 15 118 11

() 2008 () 2008 7,700 38,147 591 5,533 51,971 - (99) 91 (1,492) (1,500) () - - - 909 909 () - (99) - - (99) 1. - (1,461) - - (1,461) (1) - (4,252) - - (4,252) (2) - 2,791 - - 2,791 2. - 1,336 - - 1,336 3. - 26 - - 26 ()() - (99) - 909 810 () - - 91 (2,401) (2,310) 1. - - 91 (91) - 2. - - - (2,310) (2,310) 7,700 38,048 682 4,041 50,471 15 118 12

() () 2008 () 2007 /() 4,300 8,215 - (1,340) 11,175 - (6,214) 244 3,757 (2,213) 4,300 2,001 244 2,417 8,962 3,400 36,146 347 3,116 43,009 () - - - 3,463 3,463 () - 272 - - 272 1. - 377 - - 377 (1) - 835 - - 835 (2) - (458) - - (458) 2. - (108) - - (108) 3. - 3 - - 3 ()() - 272-3,463 3,735 () 3,400 35,874 - - 39,274 1. 3,400 35,874 - - 39,274 () - - 347 (347) - 1. - - 347 (347) - 7,700 38,147 591 5,533 51,971 15 118 13

() 2008 () 2008 2007 545 9,584 545 9,584 (179) (124) (239) (25) (11,237) (1,128) (11,655) (1,277) 14 (11,110) 8,307 36,048 4,061 4,987 2,306-84 189-41,224 6,451 (28,272) (27,493) (16,757) (3,084) (1,758) (370) (46,787) (30,947) (5,563) (24,496) - 35,963-35,963 (2,348) (3) (2,348) (3) ()/ (2,348) 35,960 (12) (5) ()/ (19,033) 19,766 14 21,571 1,805 14 2,538 21,571 15 118 14

() 2008 12 31 () ()( ) ( )[2001]239 2001 10 2001 10 24 1000001001110 20.0639 2002 43 2007 2 2007 4 24 1 67 2007 12 10 A 77 A 2007 12 25 ( ) 2006 2 38 ( ) 2008 12 31 2008 15

() 2008 12 31 () 2008 1. 1 1 12 31 2. 3. ( ) ( ) 4. 16

() 2008 12 31 () () 4. () ( ) 17

() 2008 12 31 () () 5. 2008 (1) (2) () () 18

() 2008 12 31 () () 6. 7. 8. 19

() 2008 12 31 () () 9. 70% 6 10. 20

() 2008 12 31 () () 10. () () 11. 30 3% 3.23% 21

() 2008 12 31 () () 11. () 12. 30-35 3% 2.77% 3.23% 6 3% 16.17% 3-10 - 10% 33.33% 13. 22

() 2008 12 31 () () 14. 30-50 20-50 3-5 15. () 16. 23

() 2008 12 31 () () 17. ( ) (1) (2) (3) (a) (b) 24

() 2008 12 31 () () 17. () () 25

() 2008 12 31 () () 17. () () () 26

() 2008 12 31 () () 17. () () () 27

() 2008 12 31 () () 17. () () 2 28

() 2008 12 31 () () 17. () 18. 29

() 2008 12 31 () () 19. ( ) 20. (1) (2) 21. (1) (2) 30

() 2008 12 31 () () 22. Bornhuetter-Ferguson 23. ([1999]90 ) ( [2003]67 ) ([2007]335 ) ([2007]119 ) ([2005]118 ) 31

() 2008 12 31 () () 23. () (1) (2) 7.5% (3) (2000-2003) (4) () 3.5Zillmer 3.5Zillmer (5) 5% (6) 32

() 2008 12 31 () () 24. ([1999]90 ) 25. 26. 33

() 2008 12 31 () () 27. 34

() 2008 12 31 () () 28. (1) (2) (3) 29. 30. 35

() 2008 12 31 () () 30. () 31. 32. 33. 36

() 2008 12 31 () () 33. () (1) (2) (1) (2) 37

() 2008 12 31 () () 34. 1 38

() 2008 12 31 () () 35. 36. (1) (2) (3) 39

() 2008 12 31 () () 36. () (1) Bornhuetter-Ferguson 40

() 2008 12 31 () () 36. () () (1) () () ((1)) ( ) (2) (3) 41

() 2008 12 31 () 25% (1)(2) () 5% 1%7% 3% (1) (94)002 [2001]118 (2) ([1993] 136 ) ([1993] 40 ) 2007 3 16 ( ) 2008 1 1 2008 1 1 33% 25% 42

() 2008 12 31 () 2008 12 31 () (%) (%) 73337320-X 4,088,000 98.30-98.30 (1) 73337090-6 5,100,000 98.29-98.29 (2) ( ) 78954956-9 500,000 80.00 19.66 100.00 () ( ) 250,000 100.00-100.00 (3) ( ) 13370078-0 115,000 100.00-100.00 ( ) 72639899-4 8,000-98.29 100.00 ( ) 66289081-5 500-78.63 80.00 (1) 2008 3 26 2008 [2008]854 2008 6 2 1,400,000,000 1 1,380,438,049 40.88 4,088,000,000 4,018,438,049 98.14% 98.30% (2) 2008 3 26 2008 [2008]853 2008 6 5 1,200,000,000 1 1,180,398,752 35 3,500,000,000 3,430,398,752 97.83% 98.01% 43

() 2008 12 31 () () 2008 10 31 2008 [2008]1576 2008 11 5 1,600,000,000 1 1,582,512,612 51 5,100,000,000 5,012,911,364 98.01% 98.29% (3) 2008 1 22 [2008]914 2008 11 1.5 2.5 100% 1. 2008 12 31 5 1.0000 5 15,280 1.0000 15,280 126 6.8346 863 952 0.8819 840 16,983 525 1.0000 525 17,513 2007 12 31 4 1.0000 4 14,298 1.0000 14,298 96 7.3046 701 309 0.9364 289 15,288 8,330 1.0000 8,330 23,622 44

() 2008 12 31 () () 1. () 2008 12 31 8.87 7 3 2. 2008 12 31 2007 12 31 87 54 1,062 2,247 17 162 1,166 2,463 2008 12 31 2007 12 31 33 39 54 15 87 54 3. 2008 12 31 2007 12 31 60 - - 5,500 60 5,500 45

() 2008 12 31 () () 4. 2008 12 31 2007 12 31 2,451 2,393 (181) (126) 2,270 2,267 2008 12 31 3 ( 3 ) 1,426 58% (37) 1,389 3 1 ( 1 ) 810 33% (80) 730 1 3 ( 3 ) 198 8% (51) 147 3 17 1% (13) 4 2,451 100% (181) 2,270 2007 12 31 3 ( 3 ) 1,670 70% (49) 1,621 3 1 ( 1 ) 538 22% (31) 507 1 3 ( 3 ) 184 8% (46) 138 3 1 0% - 1 2,393 100% (126) 2,267 2008 12 31 1,014 41% (81) 933 412 17% (71) 341 262 11% (29) 233 1,688 69% (181) 1,507 763 31% - 763 2,451 100% (181) 2,270 46

() 2008 12 31 () () 4. () 2007 12 31 773 32% (60) 713 610 26% (42) 568 237 10% (24) 213 1,620 68% (126) 1,494 773 32% - 773 2,393 100% (126) 2,267 2008 12 31 2007 12 31 284 209 12% 9% 5% 5. 2008 12 31 2007 12 31 2,048 1,466 (15) (22) 2,033 1,444 2008 12 31 3 ( 3 ) 1,862 91% - 1,862 3 1 ( 1 ) 116 6% - 116 1 3 ( 3 ) 68 3% (13) 55 3 2 0% (2) - 2,048 100% (15) 2,033 47

() 2008 12 31 () () 5. () 2007 12 31 3 ( 3 ) 1,192 81% - 1,192 3 1 ( 1 ) 134 9% - 134 1 3 ( 3 ) 134 9% (16) 118 3 6 1% (6) - 1,466 100% (22) 1,444 / / 2008 12 31 524 26% 191 9% () 149 7% 94 5% Aon Re China Ltd. 55 3% / 2007 12 31 378 26% 154 11% Guy Carpenter & Company Limited 79 5% 69 5% () 67 5% 5% 6. 2008 12 31 2007 12 31 2,214 1,386 24 7 2,742 2,001 4,980 3,394 (1) (1) 4,979 3,393 48

() 2008 12 31 () () 6. () 2008 12 31 3 ( 3 ) 646 13% - 646 3 1 ( 1 ) 4,266 86% - 4,266 1 68 1% (1) 67 4,980 100% (1) 4,979 2007 12 31 3 ( 3 ) 408 12% - 408 3 1 ( 1 ) 2,758 81% - 2,758 1 228 7% (1) 227 3,394 100% (1) 3,393 5% 7. 2008 12 31 2007 12 31 3 ( 3 ) 54 1,847 3 1 ( 1 ) 158 18,534 1 2 ( 2 ) 8,510 67 2 3 ( 3 ) 12,419 7,819 3 4 ( 4 ) 18,650 10,610 4 5 ( 5 ) 42,610 18,650 5 355 1,735 82,756 59,262 49

() 2008 12 31 () () 8. 2008 12 31 2007 12 31 82,294 59,133 6,919 28,223 5,307 34,427 1,544-96,064 121,783 2008 12 31 2007 12 31 11,829 13,421 3,867 5,850 12,685 11,109 26,643 12,744 27,270 16,009 82,294 59,133 9. 2008 12 31 2007 12 31 70,984 58,120 (4) - 70,980 58,120 2008 12 31 2007 12 31 5,556 4,743 12,368 9,440 6,021 5,933 47,035 38,004 70,980 58,120 50

() 2008 12 31 () () 10. 2008 12 31 2007 12 31 1,500 1,500 10,037 7,727 4,995 4,696 16,532 13,923 11. 2008 12 31 ( ) 50% 400 (189) 211-211 13.27% 76-76 - 76 6-6 (4) 2 482 (189) 293 (4) 289 2007 12 31 50% 350 (178) 172-172 13.27% 76-76 - 76 12-12 (4) 8 438 (178) 260 (4) 256 51

() 2008 12 31 () () 11. () (1) 2008 12 31 (%) (%) 800 50.00-50.00 [2008]1426 7 8 5,000 50% 2007 1 1 ( ) 2007 ((4) ) 2008 12 31 3,276 2,854 1,208 1 2007 12 31 2,693 2,348 867 27 2007 8 17 50% 52

() 2008 12 31 () () 11. () (2) 2007 1 1 350 53 30 19 452-81 - 76 157 - (134) (30) (7) (171) 2007 12 31 350 - - 88 438 50 - - - 50 - - - (6) (6) 2008 12 31 400 - - 82 482 (3) 2007 1 1 (183) (33) (19) (235) 14 - - 14 (9) - - (9) - 33 19 52 2007 12 31 (178) - - (178) 9 - - 9 (20) - - (20) 2008 12 31 (189) - - (189) 53

() 2008 12 31 () () 11. () (4) 2007 1 1 - (20) (11) (5) (36) - (81) - - (81) - 101 11 1 113 2007 12 31 - - - (4) (4) - - - (2) (2) - - - 2 2 2008 12 31 - - - (4) (4) 2003 9 2004 4 2006 11 2007 6 2007 7 2007 7 26 1 2007 54

() 2008 12 31 () () 12. 2008 12 31 2007 12 31 998 890 840 108 1,838 998 20% 2008 12 31 250 1 568 1 818 480 5 200 3 100 1 240 5 1,020 1,838 2007 12 31 250 1 288 1 538 100 5 260 3 100 1 460 998 55

() 2008 12 31 () () 13 2007 1 1 3,969 454 1,308 5,731 51 85 518 654 29 - - 29 (73) - - (73) (18) (36) (71) (125) 2007 12 31 3,958 503 1,755 6,216 18 86 348 452 379 - - 379 (15) (55) (64) (134) 2008 12 31 4,340 534 2,039 6,913 2007 1 1 (662) (264) (979) (1,905) (148) (72) (203) (423) 12 35 52 99 2007 12 31 (798) (301) (1,130) (2,229) (129) (54) (302) (485) 3 55 64 122 2008 12 31 (924) (300) (1,368) (2,592) 2007 1 1 (14) - - (14) 3 - - 3 2007 12 31 2008 12 31 (11) - - (11) 2008 12 31 3,405 234 671 4,310 2007 12 31 3,149 202 625 3,976 2008 12 31 1.93 (2007 12 31 2.93 ) 56

() 2008 12 31 () () 13 () 2008 12 31 0.28 (2007 12 31 0.36 ) 0.26 (2007 12 31 0.33 ) 2008 12 31 9.83 (2007 12 31 4.53 ) 14. 2008 12 31 2,415-1,539-1,539 64% 161 139 1-140 87% 96 20 61-81 84% 72-67 - 67 93% 59 39 8-47 80% 46-39 - 39 85% 53-43 (8) 35 81% 40-30 - 30 75% 45 32 12 (36) 8 98% 120 84 33 (117) - 98% 141 109 32 (141) - 100% 193 31 111 (77) 65 74% 454 1,976 (379) 2,051 2007 12 31 161-139 - 139 86% 141-109 - 109 77% 120-84 - 84 70% 59-39 - 39 66% 36 9 23-32 89% 40-20 - 20 50% 3-2 (2) - 67% 10 10 - (10) - 100% 73 3 45 (17) 31 66% 22 461 (29) 454 57

() 2008 12 31 () () 14. () 15. 2007 1 1 241 86 208 535 - - 182 182 2007 12 31 241 86 390 717 - - 234 234 - (86) (14) (100) 2008 12 31 241-610 851 2007 1 1 (19) (17) (91) (127) (5) (3) (50) (58) 2007 12 31 (24) (20) (141) (185) (4) - (117) (121) - 20 13 33 2008 12 31 (28) - (245) (273) 2008 12 31 213-365 578 2007 12 31 217 66 249 532 2008 12 31 2.13 1.88 58

() 2008 12 31 () () 16. 2008 12 31 2007 12 31 2,549 5 (1) (3,671) 2,548 (3,666) (1) (2) (3) (4) 2007 1 1 610 (2,616) 230 431 167 17 (1,161) (466) 37 (47) (264) (167) 4 (903) - (1,602) - - - - (1,602) 2007 12 31 144 (4,181) 183 167-21 (3,666) 4 186 (183) 552 1,180 31 1,770-4,444 - - - - 4,444 2008 12 31 148 449-719 1,180 52 2,548 (1) (2) (3) (4) 5 2008 12 31 59

() 2008 12 31 () () 17. 2008 12 31 2007 12 31 (1) 914 249 (2) 873 843 (3) 293 165 77 58 46 43 11 14-36 (4) - - 43 31 2,257 1,439 (1) 2008 12 31 2007 12 31 339-337 - 215 132 46 143 27 22 154 169 1,118 466 (204) (217) 914 249 2008 12 31 3 ( 3 ) 804 72% - 804 3 1 ( 1 ) 98 9% (6) 92 1 3 ( 3 ) 63 6% (49) 14 3 153 13% (149) 4 1,118 100% (204) 914 60

() 2008 12 31 () () 17. () (1) () 2007 12 31 3 ( 3 ) 115 25% - 115 3 1 ( 1 ) 130 28% (15) 115 1 3 ( 3 ) 63 13% (51) 12 3 158 34% (151) 7 466 100% (217) 249 2008 12 31 2007 12 31 399 161 36% 34% 5% (2) 2008 12 31 2007 12 31 822 779 78 78 900 857 (27) (14) 873 843 2007 6 9.23 8.40 2010 8 31 2008 0.31 2008 12 31 8.71 ( DZ090008111 ) 2008 12 31 61

() 2008 12 31 () () 17. () (3) 2007 1 1 94 48 4 146 61 16 1 78 (2) (4) - (6) (37) (14) (2) (53) 2007 12 31 116 46 3 165 167 18 1 186 (48) (9) (1) (58) 2008 12 31 235 55 3 293 (4) 2008 12 31 2007 12 31 15 41 15 18 25 26 55 85 (55) (85) - - 62

() 2008 12 31 () () 18. 2008 12 31 366 67 (6) (26) 401 365 5,141 - (2,970) 2,536 4 2 - (2) 4 85 - - (30) 55-4 - - 4 11 - - - 11 14 13 - - 27 48 - - - 48 893 5,227 (6) (3,028) 3,086 2007 12 31 421 77 - (20) (112) 366 753 - - - (388) 365 36-81 (1) (112) 4 129 - - (7) (37) 85 14 - - - (3) 11 42 - - (21) (7) 14 48 - - - - 48 1,443 77 81 (49) (659) 893 29.70 (2007 3.88 ) 63

() 2008 12 31 () () 19. 2008 12 31 2007 12 31 4,000 11,360 3,020 428 7,020 11,788 2008 12 31 40 (2007 12 31 : 113.60 ) 2008 12 31 30.20 (2007 12 31 : 4.28 ) 20. 2008 12 31 2007 12 31 1 2,012 1,409 1 201 199 2,213 1,608 / / 2008 12 31 473 21% 276 12% () 197 9% Aon Re Brokers Asia Pte. Ltd. 117 5% 66 3% / 2007 12 31 353 22% 152 9% () 138 9% 87 5% 73 5% 5% 64

() 2008 12 31 () () 21. 2008 1 1 2008 12 31 762 3,147 (3,286) 623-87 (87) - 7 506 (499) 14 7 169 (168) 8 81 89 (90) 80 155 79 (25) 209 53 23 (17) 59 1,065 4,100 (4,172) 993 2007 1 1 2007 12 31 328 2,509 (2,075) 762 257 - (257) - 14 340 (347) 7 11 126 (130) 7 56 86 (61) 81 94 61-155 - 60 (7) 53 760 3,182 (2,877) 1,065 22. 2008 12 31 2007 12 31 (500) (345) (261) 62 48 39 94 90 (619) (154) 65

() 2008 12 31 () () 23. 2008 12 31 2007 12 31 24. 2007 1 1 12,166 8 12,174 26,142 41 26,183 (168) - (168) (24,077) (37) (24,114) 2007 12 31 14,063 12 14,075 30,821 58 30,879 (28,959) (49) (29,008) 2008 12 31 15,925 21 15,946 2008 12 31 1 ( 1 ) 13,094 21 13,115 1 2,831-2,831 15,925 21 15,946 2007 12 31 1 ( 1 ) 11,268 12 11,280 1 2,795-2,795 14,063 12 14,075 66

() 2008 12 31 () () 25. 2007 1 1 6,970-6,970 13,844 13 13,857 (11,700) (7) (11,707) 2007 12 31 9,114 6 9,120 18,404 18 18,422 (16,889) (15) (16,904) 2008 12 31 10,629 9 10,638 2008 12 31 1 ( 1 ) 8,184 9 8,193 1 2,445-2,445 10,629 9 10,638 2007 12 31 1 ( 1 ) 6,890 6 6,896 1 2,224-2,224 9,114 6 9,120 2008 12 31 2007 12 31 8,728 7,476 1,676 1,455 225 183 10,629 9,114 67

() 2008 12 31 () () 26. 2007 1 1 137,799-137,799 58,396-58,396 (8,429) - (8,429) (8,129) - (8,129) 2007 12 31 179,637-179,637 54,728-54,728 (15,662) - (15,662) (7,156) - (7,156) 2008 12 31 211,547-211,547 27. 2007 1 1 5,033-5,033 2,147-2,147 (98) - (98) (93) - (93) 2007 12 31 6,989-6,989 1,823-1,823 (175) - (175) (101) - (101) 2008 12 31 8,536-8,536 28. 2008 12 31 2007 12 31 105 58 318 275 (303) (228) 120 105 68

() 2008 12 31 () () 28. () ([2004]16 ) (1) 1% (2) 0.15% (3) 0.05% 6% 1% 29. ([2006]527 ) 2006 6 29 20 3.75% 2 ( 5.75%) 2011 6 29 69

() 2008 12 31 () () 30. () 2007 1 1 680 305 985 91-91 (456) (218) (674) 2007 12 31 315 87 402 4 7 11 (315) - (315) 2008 12 31 4 94 98 2008 2.84 31. 2008 12 31 2007 12 31 (1) 1,199 1,017 183 210 25 14 47 49 1,454 1,290 (1) 2008 12 31 2007 12 31 291-199 181 147 97 134 69 48 163 44 44 6 77 330 386 1,199 1,017 5% 70

() 2008 12 31 () () 32. 2007 12 31 () 2008 12 31 555 7% (112) 443 6% 4,167 54% (882) 3,285 42% 945 12% (887) 58 1% : 945 12% (887) 58 1% 1,333 18% - 1,333 18% : 1,333 18% - 1,333 18% 7,000 91% (1,881) 5,119 67% 700 9% 1,881 2,581 33% 7,700 100% - 7,700 100% 33. 2008 12 31 2007 12 31 37,467 37,467 (1) 1,373 1,393 (3,626) 13,791 961 (3,387) 20 20 36,195 49,284 (1) 2008 6 1,380,438,049 1 2008 6 11 1,180,398,752 1,582,512,612 1 ( (1)(2)) 71

() 2008 12 31 () () 34. 2007 1 1 547 347 2007 12 31 894 91 2008 12 31 985 35. (1) (2) 10% (3) (4) 50% 25% 2009 4 9 2008 10% 2008 23.1 ( 0.3 ) 36. 2008 12 31 2007 12 31 122 122 365 392 487 514 72

() 2008 12 31 () () 37. (1) 2008 2007 19,688 16,503 4,374 3,719 3,862 3,328 27,924 23,550 15,134 14,844 29,607 9,675 14,395 18,821 1,800 1,613 265 1,067 3,648 3,294 205 352 1,038 1,020 66,092 50,686 94,016 74,236 (2) 2008 2007 10,864 10,027 8,389 7,138 4,066 3,028 3,564 2,574 1,041 783 27,924 23,550 33,960 20,725 25,811 23,302 6,109 6,367 144 190 68 102 66,092 50,686 94,016 74,236 73

() 2008 12 31 () () 37. () (3) 2008 2007 39,825 29,029 6,838 5,136 19,429 16,521 66,092 50,686 (4) 2008 2007 63,254 48,053 2,838 2,633 66,092 50,686 (5) 2008 2007 27,875 23,493 49 57 27,924 23,550 (6) 2008 2007 1,602 1,026 2% 1% 38. 2008 2007 64 68 74

() 2008 12 31 () () 38. () 2008 / () () () () 27,865 5,577 8,355 9,246 1,049 924 () 3,324 1,454 482 Delvag Luftfahrtversicherungs AG 3,301 1,098 582 2,583 366 354 46,319 9,544 10,697 2007 / () () () () 15,052 1,552 4,209 4,422 822 884 3,744 334 512 3,057-410 Delvag Luftfahrtversicherungs AG 2,125 5 440 28,400 2,713 6,455 39. 2008 2007 7,277 5,779 1,158 982 8,435 6,761 75

() 2008 12 31 () () 39. () 2008 / 2,128 1,294 844 1,454 900 522 1,361 307 444 1,056 317 373 () 545 373 235 6,544 3,191 2,418 2007 / 1,683 965 676 1,368 579 471 1,245 376 503 () 679 235 320 333 149 123 5,308 2,304 2,093 40. 2008 2007 1,864 2,065 9 4 1,873 2,069 (566) (130) - - (566) (130) 1,307 1,939 76

() 2008 12 31 () () 41. 2008 2007 /() 114 (522) ()/ (3,423) 6,619 ()/ (452) 8,443 5 76 34 37 6,972 4,139 3,617 2,455 6,969 5,613 163 135 9 14 14,008 27,009 42. ()/ 2008 2007 6 (3) (668) 205 (80) 34 - (1) (742) 235 43. 2008 2007 289 395 138 85 427 480 44. 2008 2007 4,942 4,770 2,315 3,452 7,257 8,222 77

() 2008 12 31 () () 45. 2008 2007 16,889 11,700 15 7 16,904 11,707 14,149 7,233 989 730 699 564 32,741 20,234 2008 2007 11,493 7,927 2,936 1,650 1,530 1,288 15,959 10,865 1,718 2,688 12,914 4,068 52 16 503 463 616 1,098 409 490 128 167 442 379 16,782 9,369 32,741 20,234 78

() 2008 12 31 () () 46. 2008 2007 1,521 2,144 3 6 1,524 2,150 34,838 38,717 1,547 1,956 37,909 42,823 2008 2007 1,257 1,668 221 419 43 57 1,521 2,144 47. 2008 2007 80 406 69 84 621 979 770 1,469 79

() 2008 12 31 () () 48. 2008 2007 1,522 2,015 99 135 53 66 3 2 1,677 2,218 49. 2008 2007 1,780 1,272 399 311 341 286 2,520 1,869 1,505 882 4,025 2,751 156 156 2,632 2,198 445 510 3,233 2,864 7,258 5,615 50. 2008 2007 10,949 9,622 133 60 348 373 11,430 10,055 80

() 2008 12 31 () () 50. () 2008 2007 4,100 3,338 2,503 1,626 831 815 () 744 483 541 532 485 423 331 270 318 275 121 58 99 89 92 90 58 53 38 9 1,169 1,994 11,430 10,055 51. 2008 2007 221 380 164 317 75 75 72 38 532 810 52. /() 2008 2007 61 57 5,141 - /() 2 (1) - (7) 4 - /() 13 (21) 5,221 28 81

() 2008 12 31 () () 53. 2008 2007 (30) 284 89 123 6 4 2 43 18 454 115 54. 2008 2007 27 8 9 19 5 4 4 91 2 3-28 - 5 13 10 60 168 55. 2008 2007-471 20 423 ()/ (20) 48 (1,770) 903 (1,770) 1,374 ()/ 82

() 2008 12 31 () () 55. () 2008 2007 (355) 8,443 25% (2007: 33%) (89) 2,786 ()/ (20) 48 (1,880) (1,609) 221 47 (2) (5) - (3) - 110 (1,770) 1,374 56. () 2008 2007 1,339 6,893 7,700 6,167 () 0.17 1.12 83

() 2008 12 31 () () 57. 2008 2007 7,257 8,222 2,503 1,626 831 815 () 744 483 541 532 331 270 58. 2008 12 31 2007 12 31 5 4 16,983 15,288 525 8,330 60 5,500 17,573 29,122 84

() 2008 12 31 () () 59. (1) 2008 2007 1,415 7,069 5,221 28 ()/ (280) 2 37,139 41,354 1,307 1,939 485 423 121 58 58 53 ()/ (127) 25 (14,008) (27,009) /() 742 (235) 296 810 132 252 (1,770) 903 (2,196) (1,384) (3,479) (2,618) 25,056 21,670 (2) - 923-3,311 (3) 17,513 23,622 (23,622) (10,142) 60 5,500 (5,500) (1,714) ()/ (11,549) 17,266 85

() 2008 12 31 () 90%90% 86

() 2008 12 31 () () 2008 64,005 20,132 137-20,269 - - 84,274 64,005 20,246 23-20,269 - - 84,274 - (114) 114 - - - - - /() 13,775 1,537 9-1,546 (1,313) - 14,008 ()/ (722) (23) - - (23) 3 - (742) (36) (88) - - (88) (8) - (132) 182 68 - - 68 359 (182) 427 77,204 21,626 146-21,772 (959) (182) 97,835 (7,257) - - - - - - (7,257) (16,782) (15,936) (108) 85 (15,959) - - (32,741) 399 4,082 9 (85) 4,006 - - 4,405 (36,450) (1,443) (24) 8 (1,459) - - (37,909) 672 89 17 (8) 98 - - 770 (15,955) (8,136) (46) - (8,182) (1,901) 186 (25,852) (75,373) (21,344) (152) - (21,496) (1,901) 186 (98,584) 1,831 282 (6) - 276 (2,860) 4 (749) 260,642 37,575 439 (104) 37,910 21,227 (389) 319,390 239,335 30,470 176 (104) 30,542 628 (343) 270,162 650 454 - - 454 1,744-2,848 321 268 - - 268 75-664 3,480 394 11-405 1,336-5,221 87

() 2008 12 31 () () 2007 48,639 16,753 144-16,897 - - 65,536 48,639 16,848 49-16,897 - - 65,536 - (95) 95 - - - - - 22,633 3,778 24-3,802 574-27,009 /() 248 4 - - 4 (17) - 235 (100) (89) - - (89) (63) - (252) 256 36 1-37 332 (145) 480 71,676 20,482 169-20,651 826 (145) 93,008 (8,222) - - - - - - (8,222) (9,369) (10,823) (107) 65 (10,865) - - (20,234) 473 2,419 12 (65) 2,366 - - 2,839 (40,851) (1,967) (5) - (1,972) - - (42,823) 1,104 364 1-365 - - 1,469 (9,904) (7,203) (53) - (7,256) (489) 108 (17,541) (66,769) (17,210) (152) - (17,362) (489) 108 (84,512) 4,907 3,272 17-3,289 337 (37) 8,496 231,023 39,420 313 (105) 39,628 50,476 (12,117) 309,010 213,095 32,897 169 (105) 32,961 11,702 (12,069) 245,689 930 389 - - 389 56-1,375 218 208 1-209 69 38 534 /() (31) 59 - - 59 - - 28 88

() 2008 12 31 () 1. 2008 12 31 2007 12 31 33 39 2. 2008 12 31 2007 12 31-5,500 3. 2008 12 31 2007 12 31 3 ( 3 ) 7 7 3 1 ( 1 ) 18 18 1 2 ( 2 ) - - 2 3 ( 3 ) - - 3 4 ( 4 ) 4,000-4 5 ( 5 ) 2,500 4,000 5 41 553 6,566 4,578 89

() 2008 12 31 () () 4. 2008 12 31 2007 12 31 3,639 11,560 596 5,170 55 3,134 4,290 19,864 2008 12 31 2007 12 31-4,573 1,675 1,396 1,964 5,591 3,639 11,560 5. 2008 12 31 2007 12 31 682 27 6. 2008 12 31 2007 12 31 1,876 704 90

() 2008 12 31 () () 7. 2007 1 1 7,643 167 25 (25) 7,810 6,314 5 81 (81) 6,319 (83) - (106) 106 (83) 2007 12 31 13,874 172 - - 14,046 16,707 39 - - 16,746 - - - - - 2008 12 31 30,581 211 - - 30,792 8. 2007 1 1 304 (34) 2007 12 31 2008 12 31 270 2007 1 1 (51) (9) 9 2007 12 31 (51) (8) 2008 12 31 (59) 2008 12 31 211 2007 12 31 219 91

() 2008 12 31 () () 9. 2008 12 31 2007 12 31 (17(2)) 871 840 8 956-11 111 50 990 1,857 10. 2008 12 31 2007 12 31 142 150 313 11,087 455 11,237 11. 2008 12 31 2007 12 31 37,467 37,467 301 301 337 462 (82) (108) 25 25 38,048 38,147 (01) 150 151 162 167 3.01 92

() 2008 12 31 () () 12. 2008 2007 /() 65 (119) ()/ (1,301) 60 ()/ (1,608) 362 3 4 567 89 327 12 585 137 22 11 2,816 3,166-1 9 14 1,485 3,737 13. /() 2008 2007 4 (15) - (1) 4 (16) 93

() 2008 12 31 () () 14. (1) 2008 2007 909 3,463 1,336-55 46 10 10 1 - (123) - ()/ (4) 16 38 3 7 63 (1,485) (3,737) (835) - (3) (807) ()/ (11,016) 9,250 (11,110) 8,307 (2) 2,538 16,071 (16,071) (1,805) - 5,500 (5,500) - ()/ (19,033) 19,766 1. (1) (2) (3) 94

() 1. () () 2008 12 31 () (4) (5) (6) (7) (8) (9) (10) (11) 2. (1) (2) () 2008 1 1 2,688 2,300 500 100 115 8 1 1,400 2,800-150 - - - 2008 12 31 4,088 5,100 500 250 115 8 1 (3) 2008 1 1 98.14% 97.83% 99.58% 100% 100% 97.98% 78.26% 0.16% 0.46% 0.08% - - 0.31% 0.37% 2008 12 31 98.30% 98.29% 99.66% 100% 100% 98.29% 78.63% 95

() 2008 12 31 () () 2. () (4) () () () 5% 5% 3. (1) 2008 2007 () 48 28 () 1-49 28 2008 0.05%(20070.04%) (2) 2008 2007 () - 83 96

() () 2008 12 31 () 3. () (3) 2008 2007 30 38 1 1 (4) 31 39 2008 2007 27 27 28 28 1 2 56 57 25 22 24 22 3 2 52 46 11 2 11 2 (5) 2008 2007 30-97

() 4. () 2008 12 31 () (1) - 2008 12 31 2007 12 31 () - 45 (2) 2008 12 31 2007 12 31-2 - 6-3 - 11 65 9,319 242 1,451 6 317 313 11,087 20081231 ((30)) 98

() 2008 12 31 () 2008 12 31 2007 12 31 1 ( 1 ) 256 182 1 2 ( 2 ) 200 130 2 3 ( 3 ) 127 83 3 499 138 1,082 533 2008 12 31 2007 12 31 ((1)(2)(3)) 6,863 140 461 728 7,324 868 (1) 20086 160 13.913% 4025%20081231 15.44 24.56 (2) 20083-27 20081231 324 (3) 200832008 (IT)IT 102008 123110 99

() 2008 12 31 () 1. (1) ( )() 100

() 1. () () 2008 12 31 () (1) () (2) (37) (3) (23)(24) ( ) (7.5%) (2000-2003) 101

() 1. () () 2008 12 31 () (3) () () 10%20081231 ( ) () 5%2008 1231 3.620.17 102

() 1. () () 2008 12 31 () (3) () () 2004 2005 2006 2007 2008 6,277 8,748 10,431 13,270 18,059 1 6,134 8,345 10,017 12,699 2 6,187 8,231 9,499 3 6,151 8,082 4 6,117 6,117 8,082 9,499 12,699 18,059 54,456 (6,073) (7,927) (9,099) (11,253) (10,286) (44,638) - - - - 350 350 44 155 400 1,446 8,123 10,168 () 2004 2005 2006 2007 2008 4,861 6,600 7,518 10,459 13,675 1 4,769 6,390 7,233 10,087 2 4,789 6,349 7,104 3 4,769 6,285 4 4,751 4,751 6,285 7,104 10,087 13,675 41,902 (4,721) (6,183) (6,865) (9,037) (8,110) (34,916) - - - - 245 245 30 102 239 1,050 5,810 7,231 103

() 1. () () 2008 12 31 () (3) () () 2004 2005 2006 2007 2008 976 722 772 909 1,005 1 962 865 881 920 2 960 873 870 3 960 837 4 907 907 837 870 920 1,005 4,539 (907) (836) (834) (833) (659) (4,069) - - - - - - - 1 36 87 346 470 () 2004 2005 2006 2007 2008 756 451 386 545 711 1 745 541 441 558 2 744 546 440 3 744 523 4 703 703 523 440 558 711 2,935 (703) (523) (417) (500) (461) (2,604) - - - - - - - - 23 58 250 331 104

() 2. () 2008 12 31 () (1) 105

() 2008 12 31 () () 2. () () (1) () 2008 12 31 () () : 15,810 863 840 17,513 1,166 - - 1,166 60 - - 60 1,970 296 4 2,270 1,416 617-2,033 4,975 2 2 4,979 698 - - 698 82,556 138 62 82,756 95,660 2 402 96,064 70,912 13 55 70,980 16,532 - - 16,532 1,838 - - 1,838 632 356 1 989 294,225 2,287 1,366 297,878 : 7,020 - - 7,020 829 - - 829 1,578 635-2,213 993 - - 993 1,464 33-1,497 766 - - 766 4,147 - - 4,147 2,188 - - 2,188 892 328 4 1,224 19,877 996 4 20,877 274,348 1,291 1,362 277,001 106

() 2008 12 31 () () 2. () () (1) () 2007 12 31 () () : 22,632 701 289 23,622 2,463 - - 2,463 5,500 - - 5,500 1,969 293 5 2,267 1,134 340 (30) 1,444 3,377 14 2 3,393 442 - - 442 58,417 778 67 59,262 119,897 13 1,873 121,783 58,028 71 21 58,120 13,923 - - 13,923 998 - - 998 324 9 1 334 289,104 2,219 2,228 293,551 : 11,788 - - 11,788 804 - - 804 1,199 439 (30) 1,608 1,065 - - 1,065 7 - - 7 1,129 8-1,137 7,103 - - 7,103 2,779 - - 2,779 2,113 - - 2,113 1,001 29 4 1,034 28,988 476 (26) 29,438 260,116 1,743 2,254 264,113 2008 12 31 2007 12 31 6.8346 0.8819 7.3046 0.9364 107

() 2. () () (1) () () 2008 12 31 () 2008 12 31 + 5% 112 112-5% (112) (112) 2007 12 31 + 5% 106 106-5% (106) (106) (2) 108

() 2. () () (2) () () 2008 12 31 () / 2008 12 31 1 1 3 3 5 5 : 11,011 - - - 6,497 17,508 39 1 32 15-87 60 - - - - 60 698 - - - - 698 487 15,394 17,600 81 49,194 82,756 16,402 7,481 9,369 49,042-82,294 5,234 2,810 9,087 53,849-70,980 4,291 999-4,764 6,478 16,532 1,118-720 - - 1,838 : 7,020 - - - - 7,020 766 - - - - 766-2,188 - - - 2,188 109

() 2008 12 31 () () 2. () () (2) () 2007 12 31 1 1 3 3 5 5 : 2,101 - - - 21,517 23,618 11 2 6 35-54 5,500 - - - - 5,500 442 - - - - 442 185 1,944 13,160 2,000 41,973 59,262 13,695 8,920 7,641 28,877-59,133 3,320 3,041 5,236 46,473 50 58,120 2,300 2,747-2,380 6,496 13,923 638 260 100 - - 998 : 11,788 - - - - 11,788 7,103 - - - - 7,103 - - 2,113 - - 2,113 99% 110

() 2. () () (2) () () 2008 12 31 () () () 2008 12 31 + 50 (1) (771) - 50 2 844 2007 12 31 + 50 (1) (916) - 50 1 1,006 2008 12 31 + 50 303 303-50 (303) (303) 2007 12 31 + 50 350 350-50 (350) (350) 111

() 2. () () (3) () 2008 12 31 () () 5 95% 20081231 511.94(200741.2) AAA 2008123120071231 112

() 2. () () () 2008 12 31 () 2008 12 31 2007 12 31 17,508 23,618 87 54 60 5,500 2,270 2,267 2,033 1,444 4,979 3,393 698 442 82,756 59,262 82,294 59,133 70,980 58,120 16,532 13,923 1,838 998 989 335 283,024 228,489 113

() 2. () () () 2008 12 31 () / 2008 12 31 1 1 5 5 : 6,502 11,011 - - - 17,513-3 75 16 1,079 1,173-60 - - - 60 511 1,530 395 15-2,451-1,913 135 - - 2,048-722 - - - 722-2,460 95,018 430-97,908-11,908 29,352 64,351 13,770 119,381-5,637 25,284 73,165-104,086-5,251 5,730 10,013-20,994-1,170 909 - - 2,079 564 679 5 - - 1,248 7,577 42,344 156,903 147,990 14,849 369,663 114

() 2008 12 31 () () 2. () () 2008 12 31 1 1 5 5 : - 7,021 - - - 7,021 78 689 60 2-829 - 1,905 302 6-2,213 413 425 148 7-993 1,497 - - - - 1,497-766 - - - 766 4,147 - - - - 4,147 - - 2,375 - - 2,375 162 1,062 - - - 1,224 6,297 11,868 2,885 15-21,065 1,280 30,476 154,018 147,975 14,849 348,598 / 2007 12 31 1 1 5 5 : 13,333 10,289 - - - 23,622-27 14 41 2,394 2,476-5,502 - - - 5,502 692 1,385 185 5-2,267 1,303 119 22 - - 1,444-448 - - - 448 357 22,792 38,631 952-62,732-9,843 26,650 44,076 62,636 143,205-3,126 19,150 61,816-84,092-782 13,304 3,192-17,278-658 413 - - 1,071 182 454 - - - 636 15,867 55,425 98,369 110,082 65,030 344,773 115

() 2. () () () 2008 12 31 () 2007 12 31 1 1 5 5 : - 11,798 - - - 11,798 139 633 31 1-804 - 1,489 117 2-1,608 342 620 103 - - 1,065 1,137 - - - - 1,137 6,903 200 - - - 7,103 2,779 - - - - 2,779 - - 2,375 - - 2,375 97 937 - - - 1,034 11,397 15,677 2,626 3-29,703 4,470 39,748 95,743 110,079 65,030 315,070 3. 116

() 4. () 2008 12 31 () ((36)) 2008 12 31 2007 12 31 70,980 75,371 58,120 54,625 16,532 17,189 13,923 13,763 2,188 2,217 2,113 1,830 117

() 2008 12 31 () 2009152 ([2009]1) 2009 2009 (1) (2) 2 200949 118

() : 2008 2008 () 2.75% 2.40% 0.17 2.02% 1.76% 0.13 2007 () 10.97% 27.42% 1.12 11.04% 27.58% 1.12 2008 2007 1,339 6,893 () ( )/ 1 (127) 22 ()/ 2 (280) 2 13 28 34 (11) 979 6,934 5-984 6,934 [2008]43 1 A-1

() : 2008 1. 2008 1.23 2. 2008 2.84 2008 2007 48,741 62,807 55,774 25,136 A-2

()(09)E0007 () ()( )()2008 ( )20081231 20081231 20081231 20081231 2008 12 31 2008 2009 4 9 1

2008 2008 2008 9 2 2 9 2 2 2008 5 4 2

6 6 45 86 2008 2008 3

() 1 4 11 4+4 4

24 95500 2 5

3 4 6

IT IT 2008 IT ISO/IEC20000 5 6 1 2 7

3 4 1 2008 2 2008 3 8

2008 2008 2008 2008 6 9

2008 2008 37 2007 2008 2008 10

2009 11

12

2008...1...2...3...3...3...4...5...5...6...9...9 () 1991 2008 2008 1

2

1 2 3 4 3

1 2 3 4 5.12 1 2000 95500 4

2 95500 3 95500 1 2 1 2008 6 1 5

2 2008 9 13 2008 200 400 2008 1 14 100 6

2 2008 1 2008 2008 1 16 5 12 7

2008 12 31 5000.4425 30 700500 100766 100 50 1670 493 315 5100 2 2008 10 60 3 2008 3 400 8

2008 2008 2008 21 2008 500 500 48 500 20 2 2008 2008 95500 2008 2009 9

2008 2008 2008

2008

2008