3,617.2 2015 + 7 H&A 100%
2 3 6 10 38 39 40 43 45 47 77 82 83
6 30 2015 2014 29,739.0 24,795.9 5,778.3 2,656.0 5,331.0 2,182.3 169.6 328.5 259.6 145.2 18.1 24,098.2 22,213.5 7,319.6 5,502.2 11,639.4 13,065.6 4,199.2 2,777.0 940.0 868.7 (137.5) (73.6) 3,617.2 1,833.9 3,360.5 (146.5) 1,789.4 114.5 1,130.8 (410.7) 364.4 92.4 75.9 57.3 779.0 2,461.9 580.7 405.2 207.6 173.8 (209.6) 55.8 161.5 1,654.6 38.8 172.5 (478.9) (431.7) (43.4) (49.8) 0.51 0.28 0.50 0.28
Ironshore MIG Phoenix Holdings PE/VC LP (i) (ii) (iii) (iv) (v) (vi) (vii) BHF Kleinwort Benson Kleinwort Benson BHF-BANK Ironshore 80% MIG Phoenix Holdings 4
600196 02196 Fortress Investment Group LLC Studio 8 Silver Cross 600282 9% 601969 5
1,427.45 2014 33.68% 2015 17.89 1,462.8% 2015 7 MIG 100% 2015 Ironshore 20% 80% Phoenix Holdings 52.31% 2015 45.2% 34.8% 10.1% 5.5% 1.6% 1.4% 2015 4.0% 1.3 2015 ROE 12.8% 2015 6 30 600 601.19 2014 12 31 40.8% 17.0% 282.05 2014 12 31 13.9% 29.9% 7.88 36.1% Luz Saúde Thomas Cook Group plc Silver Cross Ambrx, Inc. 6
65.1% 2,300.33 2014 12 31 12.0% 8.6 40 41.49 Ironshore 20% 80% Phoenix Holdings 52.31% Phoenix Holdings 418.8 6 25% 7 H&A 100% 430 2015 12.16% 8.38 IPO 4 2 (Net gearing ratio) 63.5% 9.8 ROE 12.8% 4 7
2015 18.3 8,200 9 110 100 27,000 22 O2O O2O Folli Follie 8
2015 6 30 4 18 630 Thomas Cook Group plc 9
63,315.0 2014 28.1% 3,617.2 2014 97.2% 2015 6 30 2014 12 31 2014 169,914.3 162,728.5 + 4.4% 109,348.0 113,085.3-3.3% 49,684.3 40,295.1 + 23.3% 5,390.3 4,360.8 + 23.6% 5,491.7 4,987.3 + 10.1% 199,142.4 174,378.9 + 14.2% 41,895.5 35,280.9 + 18.7% 18,223.3 7,406.3 + 146.1% 50,722.4 43,533.3 + 16.5% 79,625.4 78,803.6 + 1.0% 8,675.8 9,354.8-7.3% (15,530.4) (12,274.6) + 26.5% 353,526.3 324,832.8 + 8.8% 10
11
Ironshore MIG Phoenix HoldingsIronshore 80% MIG Phoenix Holdings 2015 6 30 6 2014 6 30 6 5,331.0 2,182.3 + 144.3% 1,789.4 114.5 + 1,462.8% 2014 5 Caixa Geral de Depósitos S.A. 7 3 Fidelidade 84.986% Multicare Fidelidade Assistência 80.0% 2,222.9 161.8% 182.2 13,849.3 99.8% 3.1% Fidelidade Luz Saúde Luz Saúde 12
114.8 28.0% Universal Seguros S.A. 2015 Seguradora com a Melhor Reputação Marktest Reputation Index 2014Marktest 2014 Marca de Confiança 19.93% 2015 4,000.2 527.8 10,201.3 98.9% 273.1% 7.6% 50% 2012 9 51.3 376.0 27.1 44.1 1,327.1 2,267.1% 3.8% 13
85.1% 14.9% 26.6% 7.1% 19.5 177.7 84.5 102.7% 18.9 1,239.7% 904.1 11.8% Ironshore 2015 2 Ironshore 20% 16.62 466.6 2015 5 Ironshore Ironshore Ironshore 2014 12 31 1,839.8 8% 2,098.0 Ironshore Ironshore 1,130.7 58.6 93.1% 169.0% 2014 12 31 4,996.4 1.1% MIG 2014 12 MIG 8.65 433.0 MIG 100% MIG MIG 2015 7 MIG MIG 362.8 13.7 100.8% 190.5% 1,580.7 0.9% 14
Phoenix Holdings 2015 6 Delek Group Ltd. Phoenix Holdings 52.31% 462 2014 9 30 4.75% 489 Phoenix Holdings PE/VC LP 2015 6 30 6 2014 6 30 6 169.6 328.5-48.4% 1,130.8 (410.7) 28 Liberty 2015 Lloyds Chambers 28 Liberty 2012 12 2013 5 17.41% 2 O2O 2013 5 500 10% 24 15
2015 6 30 9 110 3 8 Lloyds Chambers 2013 10 64.5 Lloyds Chambers E1 Portsoken 1 Lloyds Chambers 3.6 28 Liberty 2013 12 725 28 Liberty 28 Liberty A 60 2,215,000 22.8 2015 11.0 3.8% 2,751.0 10% 2014 8 10.52 13% 1,064.9 939.3 231.4% 2014 2 1,630 249,617,151 A A 370 56,661,562 A 16.67% 3.78% 2015 2 2,229.7 49.6 16
2014 8 2015 3 6.41 1.02 14.04% PE/VC PE St. John Caruso St. John St. John 2013 St. John 6.7% 26.7% St. John 1962 St. John St. John 2015 2014 11 1 2015 4 30 9% St. John St. John 2015 5.2% EBITDA 147% 11% St. John St. John St. John Caruso Caruso 2013 9 Caruso 5.95% 29.05% Caruso 600 10 10% Caruso 300 Caruso Caruso ISO9001 2014 11 Caruso 58 Caruso 2016 2015 1 Caruso 2015 6 12 300473 392.8 0.1% 86.3 3.9% 2015 6 30 4.67% 17
VC VC VC O2O 2015 6 30 VC 32 1,328.7 Folli Follie Folli Follie Folli Follie 2011 2015 6 Folli Follie 9.96% 3.89% 13.85% Folli Follie 2015 268.6 17.8% EBITDA 66.3 12.6% 57.2 6.3% 12.9% EBITDA 13.2% 6.1% 2015 Folli Follie 668 240 Folli Follie 41.6% 18.3% 2011 Folli Follie Folli Follie 2012 11.8% 2014 12 31 619.4 25.9% 76.0 13.1% 2015 1 2015 2015 8 18
(1) 2015 6 30 (2) 1 1988.HK (3) (H) 773,019,800 2.12% A 2 1398.HK (H) 262,087,000 0.07% B 601398.SH (A) 387,423,476 0.11% A 18,134,500 0.01% B XS1142380820 37,725,000 B 3 1336.HK (H) 50,081,100 1.61% B 46,534,700 1.49% A 4 000685.SZ 101,228,818 13.00% B 5 600429.SH 249,617,151 16.67% B 6 SINA 5,105,268 8.75% B 383,995 B 7 FFGRP.GA Folli Follie 6,669,828 9.96% A 8 YOKU 6,488,041 3.59% B 438,197 A 9 YY 1,806,516 3.19% B 609,754 1. 2. A B 3. 3.9 LP 2015 6 30 5,003.6 691.2 4,154.0 691.2 2014 5 IDERA 2015 6 Resolution Property Investment Management LLPResolution Property60% 19
49,593.5 492.4 5,003.6 259.6 12 1 3,269.5 2015 6 30 6 2014 6 30 6 259.6 145.2 + 78.8% 364.4 92.4 + 294.4% 2014 5 IDERA IDERA 2014 5 6,811.0 IDERA 98% + IDERA 128,995.6 6,707.8 IDERA IDERA 1,755.7 1,217.6 9,728.7 Resolution Property 2015 6 15.6 Resolution Property 60% + Resolution Property 7,491.9 20
2014 1 2015 6 30 14.15% 301.0 17.1% 2015 6 30 6 2014 6 30 6 18.1 75.9 57.3 + 32.5% 2014 7 100% 2014 9 25% 1,000 2015 6 BHF Kleinwort Benson BHF Kleinwort Benson Kleinwort Benson Group LimitedKBG KBG 2014 3 100.6 KBG 19.18% 2014 9 KBG BHF Kleinwort Benson 19.18%KBG 17.46% BHF Kleinwort Benson 2014 8 9 Fidelidade 2.03% BHF Kleinwort Benson BHF Kleinwort Benson 19.49% BHF Kleinwort Benson BHF-BANK Kleinwort Benson 21
2015 3 Fidelidade 4.9 BHF Kleinwort Benson 8,879,157 43.5 4.9 BHF Kleinwort Benson 3,191,099 15.6 BHF Kleinwort Benson 19.49% 28.61% BHF-BANK 1854 12 1,000 BHF-BANK 394 Kleinwort Benson Kleinwort Benson 200 2011 9 86.9 375.5 57.2 2015 6 30 124 2,581.3 1,880.0 2014 7 100% 1987 1 4 6 9 358.5% 2013 8 2014 2 59.4% 2015 6 30 4.87 37.2% 2013 6 99 8.08 22
Luz Saúde Studio 8 Silver Cross 23
2015 6 30 6 2014 6 30 6 7,319.6 5,502.2 + 33.0% 580.7 405.2 + 43.3% 1 2) Fidelidade 2014 10 Luz Saúde 2015 5,871.4 2014 6.7% 2015 1,810.1 1,303.5 2014 33.2% 28.1% 5.7% 2015 24
Chindex International, Inc. (United Family Hospital) 2015 Alma Lasers Ltd. 2015 Fortress Investment Group LLC 50% 2013 5 218 69% Luz Saúde Luz Saúde 18 8 1 7 2 Fidelidade Luz Saúde 98.4% 2015 Fidelidade Luz Saúde 1,179 212.8 5.8% 6.5% 2.9% EBITDA 31.1 EBITDA 14.6% 0.5 10.6 2014 21% 25
2015 6 30 6 2014 6 30 6 207.6 173.8 + 19.4% 9,511.5 5.3% 502.2 22.2% 410.1 24.2% T+D T+D 1,826 26
2010 2014 12 24.6 2015 3 2015 49.0 2014 Joyview by ClubMed Kerzner Group 2013 2016 2015 6 30 2,687.8 537,420.2 512,653.0 100% 2,091.4 2016 596.4 Studio 8 Studio 8 Studio 8 A 80% Studio 8 Studio 8 27
20.11% 2015 203 48% 2015 6 2015 20 2 (Cirque du Soleil) 2015 7 25% 8.02% 14.14% 2.83% 1984 48 330 1.6 2015 18 (Drama Desk) (Bambi) ACE Gémeaux (Félix) (Rose d Or de Montreux) TPG VII CDS Holdings Silver Cross Silver Cross 2015 6 7 Silver Cross 82% Silver Cross 1877 William Wilson Silver Cross Silver Cross 170 Silver Cross Silver Cross 2015 6 30 6 2014 6 30 6 11,639.4 13,065.6-10.9% (209.6) 55.8-475.6% 28
1 2 2015 1 1 + 4.28 15.8% 520 0.3% 7,714.8 2.9% 1,596.28 14.7% 125.73 49.76 2015 6 30 6 2014 6 30 6 4,199.2 2,777.0 + 51.2% 161.5 1,654.6-90.2% 29
2015 2014 2015 2015 2015 2015 5,828,531.2 3,673,979.2 5.9% 2014 3,470,719 1,166,811.4 832,208.9 72.2% 2014 483,272 588,859.8 350,449.0 47.1% 2014 238,168 2 336,959 315,559 41.8% 2014 222,500 14,017,454.6 9,224,382.8 10.6% 2014 10,319,297 30
448,998.3 6,025.0 322,690.5 4,505.1 1.4% 2.7% 2014 327,389 4,631.5 292,791.0 3,737.8 221,382.9 2,757.1 3.6% 14.4% 2014 213,605 2,410.3 2015 6 30 1,395,603.1 21,798.2 948,733.9 14,431.0 14.1% 0.8% 2014 1,104,898 14,314.0 2016 425,517 S1 80,569 S2 78,297 N1 10,898 N2 12,848 N4 5,263 88,509 36,331 3,959 31
5 14.16 58.4 2012 2015 6 1,992.42 2015 2016 45,472 425,517 50% 9,550 2016 2,988 141,600 761,003 64% 3,835 2016 1,223 O2O 2015 6 30 6 2014 6 30 6 940.0 868.7 + 8.2% 38.8 172.5-77.5% 2015 1 100% 32
2015 1,563.0 4.7% 1,592.2 12.8% 2014 8 2015 1 100% 2015 1 1 100% 77.5 10.9 EBITDA 48.8 20.8 H&A 2015 7 H&A 682.50 210 80% H&A BHF Kleinwort Benson 2015 7 BHF Kleinwort Benson BHF Kleinwort Benson 5.1 500 97,596,283 BHF Kleinwort Benson BHF Kleinwort Benson 1,007,177 BHF Kleinwort Benson 33
CIPC (Clients) (Investments) (Products) (Clients) (1) (2) (3) H A + 2014 6 30 1,562.7 2015 6 30 2,007.8 2015 6 30 0.44% 11.0% 0.9% 11.0% 2014 6 30 759.0 2015 6 30 1,518.3 34
2015 6 30 36,466.0 1,061.5 17 2015 6 30 96,999.6 2014 12 31 95,834.2 2015 6 30 43.0% 2014 12 31 51.4% 2015 6 30 37,114.5 2014 12 31 40,338.6 8.0% 40 2018 5 7 2011 5 2016 5 6 2015 6 30 2014 12 31 96,999.6 95,834.2 37,114.5 40,338.6 2015 6 30 35
2015 6 30 50.7% 2014 12 31 55.9% 2015 6 30 43.3% 2015 6 30 2015 6 30 37,114.5 109,289.2 2015 6 30 184,175.5 74,886.3 2015 6 30 33,294.9 2014 12 31 30,629.0 12 2015 6 30 2,848.5 2014 12 31 2,657.8 18 36
2015 6 30 EBITDA 5.0 2014 3.9 EBITDA 66.1% 2005 7 37
2015 6 30 6 30 2015 2014 29,739,022 24,795,877 (21,874,913) (19,024,154) 7,864,109 5,771,723 5 9,059,361 2,913,860 (1,685,039) (1,402,764) (5,599,642) (2,950,425) (1,849,137) (1,113,694) 6 (2,234,776) (1,760,225) (15,581) 1,159,680 856,938 865,025 7 6,396,233 3,483,180 8 (1,518,315) (759,040) 4,877,918 2,724,140 3,617,176 1,833,873 1,260,742 890,267 4,877,918 2,724,140 9 0.51 0.28 9 0.50 0.28 38
2015 6 30 6 30 2015 2014 4,877,918 2,724,140 3,196,251 757,422 (2,687,054) (845,788) (213,852) (32,722) 295,345 (121,088) 369,734 293 370,027 (2,642) (113,556) 2,519 (659,985) (22,881) (108,169) (144,092) (108,169) (144,092) 4,769,749 2,580,048 3,673,635 1,713,990 1,096,114 866,058 4,769,749 2,580,048 39
2015 6 30 2015 2014 6 30 12 31 10 41,048,534 36,037,896 17,610,829 16,883,890 3,034,234 2,921,393 178,285 156,846 665,909 784,882 1,333,194 1,512,206 2,559,372 2,226,693 9,520,329 6,842,031 8,316,142 7,589,150 31,748,766 26,976,404 69,969,400 60,849,499 11,465,372 13,671,828 1,567,979 1,296,977 4,530,110 3,862,611 4,568,949 4,372,070 64,624 87,722 3,711,109 3,769,975 51,655 68,099 463,592 481,360 379,934 147,815 212,788,318 190,539,347 36,734,552 40,190,807 15,277,127 14,867,194 11 7,687,079 6,371,003 14,926,022 7,619,585 6,523,914 6,252,883 10,319,037 7,626,912 21,295,385 23,429,966 3,355,089 843,086 5,353,701 5,249,357 14,969,964 16,388,314 1,053,985 1,535,931 2,478,328 2,063,919 707,686 624,909 140,681,869 133,063,866 56,127 1,229,570 140,737,996 134,293,436 40
2015 6 30 2015 2014 6 30 12 31 12 55,052,949 46,389,197 193,000 193,000 14 22,325,499 19,590,569 30,089,327 23,289,484 4,911,097 3,210,555 78,357 119,110 1,274,133 1,696,120 1,412,193 673,617 2,757,138 3,118,393 78,958 65,670 3,036,946 2,860,227 5,628,903 6,534,777 461,093 438,465 895,685 1,104,752 7,188,163 8,929,945 1,469,295 1,561,511 1,444,622 1,453,267 138,297,358 121,228,659 589,118 138,297,358 121,817,777 2,440,638 12,475,659 215,228,956 203,015,006 12 41,427,421 46,766,499 13 326,261 2,485,546 131,292 148,117 463,492 311,683 4,743,624 3,944,791 6,909,258 6,577,690 7,846,778 7,622,616 3,869,399 4,201,132 44,099,480 43,042,687 11,158,540 12,229,753 120,975,545 127,330,514 94,253,411 75,684,492 41
2015 6 30 2015 2014 6 30 12 31 26,425,973 16,281,011 91,193 721,171 36,797,812 31,477,882 15 928,359 63,314,978 49,408,423 30,938,433 26,276,069 94,253,411 75,684,492 42
2015 6 30 ** 15 2015 1 1 16,281,011 (443,540) 3,229,375 1,259,885 1,171,059 721,171 27,685,745 (1,424,642) 928,359 49,408,423 26,276,069 75,684,492 252,970 314,508 3,617,176 (511,019) 3,673,635 1,096,114 4,769,749 16 340,598 340,598 466,166 466,166 *** 7,288,395 7,288,395 7,288,395 (736,398) (736,398) 955,575 (955,575) (106,744) (928,359) (1,035,103) (1,035,103) 11,026 11,026 (27,842) (16,816) 1,882,193 1,882,193 4,264,016 6,146,209 (152,314) (152,314) (663,571) (815,885) 6,821 6,821 (80,654) (73,833) 2,134 2,134 (2,134) (3,951) (3,951) 3,951 755 755 205 960 13 2,856,567 (629,978) 2,226,589 2,226,589 6,375 6,375 1,913 8,288 2015 6 30 26,425,973 (443,540)* 4,184,950* 1,512,855* 3,238,606* 91,193 30,240,602* (1,935,661)* 63,314,978 30,938,433 94,253,411 * 36,797,812,000 2014 12 31 31,477,882,000 ** 2015 3 26 4,620,000 *** 20.00 465,000,000 43
2015 6 30 15 2014 1 1 621,497 11,793,716 (443,540) 3,079,315 713,716 1,465 1,001,959 721,171 21,969,291 (587,685) 757,328 39,628,233 21,671,596 61,299,829 (83,676) 1,833,873 (36,207) 1,713,990 866,058 2,580,048 2,303,707 2,303,707 1,757,540 1,757,540 3,886,511 3,886,511 3,886,511 (1,153,260) (1,153,260) (757,328) (757,328) (757,328) (49,597) (49,597) (132,664) (182,261) (761,625) (761,625) (1,312,209) (2,073,834) (300,537) (300,537) 335,482 335,482 (335,482) (832) (832) (2,943) (3,775) 5,733 5,733 10,149 15,882 (10,472) (10,472) 10,472 11,795,181 (11,793,716) (1,465) 2014 6 30 16,303,189 (443,540)* 3,079,315* 630,040* 520,648* 721,171 23,803,164* (623,892)* 43,990,095 23,382,427 67,372,522 * 26,965,735,000 2013 12 31 25,733,056,000 44
2015 6 30 6 30 2015 2014 3,854,811 431,062 (310,467) (418,112) (575,996) (1,167,426) (1,105,535) 2,269,273 (1,560,936) (2,942,473) (2,665,915) (885,658) (37,103,805) (3,804,744) 28,160,934 1,740,461 270,445 298,717 384,442 (1,041,539) 7,184,466 1,019,554 243,185 300,000 134,105 16 (4,844,778) (8,405,607) (5,795,640) (797,236) 1,553,071 615,139 (2,543,503) 804,800 4,077,997 (2,699,866) 425,961 (1,380,257) (235,076) 394,057 129,987 2,868,298 (12,151,148 ) (12,389,330) 45
2015 6 30 6 30 2015 2014 466,166 1,757,540 41,752,575 37,269,171 (38,772,904) (18,297,163) 3,886,511 7,288,395 (736,398) (1,153,260) (926,012) (1,943,834) (2,085,566) (1,792,851) (2,756,563) (57,578) (21,214) 6,928,678 16,948,337 (2,953,197) 2,998,071 25,890,353 12,501,071 22,937,156 15,499,142 37,114,486 33,033,308 (9,756,474) (16,556,850) (255,663) (262,835) (828,973) (714,481) (3,336,220) 22,937,156 15,499,142 46
2015 6 30 1. 2004 12 24 3 808 2007 7 16 2. 2.1 2015 6 30 2015 6 30 34 2014 12 31 2.2 2015 1 1 2014 12 31 2015 47
2015 6 30 2. 2.2 19 19 2014 7 1 2010-2012 2014 7 1 2 3 9 39 48
2015 6 30 2. 2.2 8 8 12 8 12 4 16 38 16 38 24 2011-2013 2014 7 1 3 3 3 13 13 9 39 49
2015 6 30 2. 2.2 40 40 3 40 3 40 3. 4. (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) (ix) 50
2015 6 30 4. 2015 6 30 5,331,029* 166,006 216,632 18,128 7,237,614 11,639,443 4,190,247 939,923 29,739,022 3,615 42,963 81,987 8,943 (137,508) 3,028,200 2,628,571 281,806 18,070 651,302 200,697 144,139 220,865 16,442 (3,007) 7,187,085 8,359,229 2,798,192 541,401 36,198 7,970,903 200,697 11,783,582 4,420,055 956,365 (140,515) 36,926,107 1,282,009 2,105,142 424,054 6,801 1,473,935 162,772 421,706 402,828 82,668 34,365 6,396,280 1,339,106 386,144 56,760 92,380 58,240 92,790 116,017 18,955 (288,116) 1,872,276 (478,904) (40,530) (1,501,271) (15,201) (453) (251,987) (13,307) (454,441) (140,762) (32,761) 215,937 (2,234,776) (22,054) (3,573) (2) 7,209 (10,748) (4,117) 17,704 (15,581) 163,014 47,988 (2,372) 625,601 58,114 (75,016) 39,609 856,938 2,721,545 1,034,430 465,611 103,565 1,895,041 207,579 (19,078) 435,396 68,862 (37,814) 6,396,233 (609,723) 41,207 (5,619) (21,665) (317,418) (253,720) (330,670) (27,428) 6,721 (1,518,315) 2,111,822 1,075,637 459,992 81,900 1,577,623 207,579 (272,798) 104,726 41,434 (31,093) 4,877,918 51
2015 6 30 4. 2014 6 30 2,182,313* 324,854 102,249 5,502,224 13,065,596 2,769,192 849,449 24,795,877 3,616 42,963 7,761 19,227 (73,567) 320,502 201,523 7,907 3,640 492,081 81,337 120,141 580,731 22,139 (17,680) 1,812,321 2,502,815 529,993 153,119 3,640 5,994,305 81,337 13,185,737 3,357,684 890,815 (91,247) 26,608,198 (444,086) 172,390 67,069 (12,759) 962,871 75,099 467,688 825,472 399,399 35,742 2,548,885 652,785 233,404 11,729 82,526 73,565 77,985 56,623 3,648 (90,726) 1,101,539 (431,724) (884,771) (5) (946) (186,906) (513,311) (210,765) (23,670) 60,149 (1,760,225) (26,750) (4,647) (329) 4,254 (10,834) 5,998 1,191,988 1,159,680 60,425 86,107 581 498,253 98,744 35,354 85,561 865,025 242,374 (397,517) 78,464 73,656 1,336,949 173,843 73,714 1,948,879 379,377 5,165 3,483,180 (91,475) (26,982) (3,858) (16,324) (201,408) 9,213 (309,718) (91,865) (26,623) (759,040) 150,899 (424,499) 74,606 57,332 1,135,541 173,843 82,927 1,639,161 287,512 (21,458) 2,724,140 * 6 30 2015 2014 6,286,584 2,368,222 (646,749) (168,331) 5,639,835 2,199,891 (308,806) (17,578) 5,331,029 2,182,313 52
2015 6 30 4. 2015 6 30 2014 12 31 2015 2014 6 30 12 31 109,347,991 113,085,328 49,684,256 40,295,104 5,390,317 4,360,798 5,491,697 4,987,290 41,895,525 35,280,887 18,223,328 7,406,263 50,722,427 43,533,306 79,625,376 78,803,649 8,675,812 9,354,796 * (15,530,415) (12,274,638) 353,526,314 324,832,783 2015 2014 6 30 12 31 92,340,065 97,021,498 63,950,357 60,896,293 1,094,987 1,027,684 2,639,073 3,547,280 18,722,382 16,233,275 13,191,631 1,686,515 33,107,518 31,811,156 56,842,830 55,844,568 1,824,505 2,262,524 * (24,440,445) (21,182,502) 259,272,903 249,148,291 * 53
2015 6 30 5. 6 30 2015 2014 428,365 251,240 1,240,470 701,898 203,441 148,401 165,322 46,475 2,526 5,605 241,250 107,287 55,420 30,712 110,272 53,332 412,205 33,096 35,278 2,892,367 1,380,228 * 233,853 70,900 38,942 33,877 341,320 125,141 2,414 4,544,018 709,604 ** 157,811 50,136 164,359 501,742 589,769 4,671 89,707 41,178 130 1,054 6,166,994 1,533,632 9,059,361 2,913,860 * (i) 100% (ii) 40% (iii) 70% (iv) 53.13% 97% 99.76% ** 931,942,000 54
2015 6 30 6. 6 30 2015 2014 2,488,625 2,239,385 (480,823) (676,723) 2,007,802 1,562,662 226,974 197,563 2,234,776 1,760,225 7. 6 30 2015 2014 21,874,913 19,024,154 1,247,423 893,413 19,166 23,724 17,450 25,385 96,067 44,163 238,053 (26,833) 36,502 85,086 40,854 118,163 90,758 2,614 36,394 24,145 16,573 101,523 53,774 8,578 4,153 140,884 55
2015 6 30 8. 2015 6 30 2014 6 30 6 30 2015 2014 (1) 709,334 204,124 (2) 749,558 529,036 (3) 204,299 113,162 (144,876) (87,282) 1,518,315 759,040 (1) 16.5% 2014 6 30 16.5% Alma Lasers Ltd.Alma Lasers 16% 2014 6 30 16% 2014 Fidelidade-Companhia de Seguros, S.A., Multicare-Seguros de Saúde, S.A. Fidelidade Assistência - Companhia de Seguros, S.A. 30.3% 2014 6 30 31.5% (2) 2008 1 1 25% 2014 6 30 25% 0% 20% (3) 2004 0.5% 5% 2007 165,044,000 2014 6 30 117,751,000 2015 6 30 49,959,000 2014 6 30 28,572,000 10,704,000 2014 6 30 33,161,000 56
2015 6 30 9. 7,109,048,484 2014 6 30 6,527,337,178 6 30 2015 2014 3,617,176 1,833,873 77,676 102,033 3,694,852 1,935,906 6 30 2015 2014 7,109,048,484 6,527,337,178 308,830,939 387,500,000 7,417,879,423 6,914,837,178 0.51 0.28 0.50 0.28 57
2015 6 30 10. 36,037,896 1,460,774 16 5,196,451 (104,308) (1,247,423) (90,758) (204,098) 41,048,534 2015 6 30 1,162,621,000 2014 12 31 1,445,097,000 12 11. 2015 2014 6 30 12 31 3,929,714 3,610,965 3,757,365 2,760,038 7,687,079 6,371,003 58
2015 6 30 11. 2015 2014 6 30 12 31 90 2,663,051 2,794,853 91 180 945,552 517,066 181 365 301,771 288,425 1 2 99,141 87,219 2 3 13,417 10,537 3 33,978 23,498 4,056,910 3,721,598 (127,196) (110,633) 3,929,714 3,610,965 0 90 0 90 90 180 30 360 2015 6 30 2,591,921,000 2014 12 31 1,155,019,000 12 59
2015 6 30 12. 2015 2014 6 30 12 31 (1) 1,589,536 1,774,510 26,034,510 20,240,487 34,194,224 35,719,497 61,818,270 57,734,494 (2) 7,806,480 9,040,838 (3) 2,985,019 4,077,554 (4) 2,177,975 4,012,143 (5) 6,574,396 4,577,850 (6) 6,361,858 2,996,451 (7) 3,237,894 3,944,760 (7) 5,518,478 6,771,606 96,480,370 93,155,696 55,052,949 46,389,197 41,427,421 46,766,499 96,480,370 93,155,696 (1) 198,068,000 2014 12 31 166,764,000 484,350,000 2014 12 31 786,843,000 480,203,000 2014 12 31 491,490,000 6,558,167,000 2014 12 31 5,433,000,000 1,168,494,000 2014 12 31 587,199,000 15,896,395,000 2014 12 31 12,847,293,000 3,822,847,000 2014 12 31 4,852,833,000 2,591,921,000 2014 12 31 1,155,019,000 540,070,000 2014 12 31 533,294,000 839,595,000 2014 12 31 802,922,000 2014 12 31 2,922,103,000 714,834,000 2014 12 31 50,207,000 1,589,536,000 2014 12 31 1,774,510,000 0.44% 8.80% 2014 12 31 0.52% 8.50% 60
2015 6 30 12. (2) 2009 2 27 2,500,000,000 6.29%2009 2015 6 30 1,235,000,000 2016 2 27 2010 12 24 1,100,000,000 6.17% 2017 12 23 2011 5 6 4,000,000,000 5.98% 2011 2018 5 7 2011 2016 5 6 2015 6 30 12 2015 6 30 3,981,905,000 2011 2012 4 25 1,500,000,000 5.74% 2017 4 25 (3) 2013 6 19 2,000,000,000 6.02% 2016 6 19 2015 4 3 1,000,000,000 5.82% 2018 4 3 (4) 2013 1 30 Sparkle Assets Limited 400,000,000 7.19% (5) 2010 11 8 1,000,000,000 5.0% 2015 11 10 2011 3 31 1,600,000,000 6.26% 2016 3 31 2014 10 24 2,000,000,000 5.26% 2017 10 24 2015 3 5 2,000,000,000 5.21% 2018 3 5 (6) 2014 9 26 1,000,000,000 5.15% 2015 9 26 2014 12 26 2,000,000,000 5.69% 2015 12 26 2015 5 11 2,000,000,000 4.51% 2016 5 11 2015 1 14 300,000,000 6.50% 2016 1 14 2015 4 24 1,000,000,000 5.80% 2016 4 24 (7) 5.89% 11.00% 2014 12 31 2.55% 11.00% 61
2015 6 30 13. 2013 11 22 3,875,000,000 3,068,225,000 0.10 1.5% 5 22 11 22 2018 11 22 (a) 2013 11 22 41 7 10 (b) 2016 11 22 (c) 2016 11 22 30 20 130% (d) 106.65% 3,385,000,000 10 338,500,000 2015 2014 6 30 12 31 2,485,546 2,319,675 77,676 207,618 (15,830) (46,055) (2,226,589) 5,458 4,308 326,261 2,485,546 8.93% 62
2015 6 30 14. 2015 2014 6 30 12 31 11,589,139 11,700,971 10,736,360 7,889,598 22,325,499 19,590,569 2015 2014 6 30 12 31 90 4,950,390 6,528,179 91 180 1,593,829 1,010,306 181 365 2,562,390 1,751,277 1 2 1,292,770 728,176 2 3 441,717 669,800 3 748,043 1,013,233 11,589,139 11,700,971 15. 2014 6 30 2014 12 31 0.17 2015 5 28 63
2015 6 30 16. (i) 2015 3 Gaillon Invest II Club Méditerranée SAClub Med98.29% Club Med 916,664,000 6,240,832,000 2015 3 283,000,000 50% 50% 10 5,196,451 130,459 56,836 353,115 134,251 497,915 589,233 34,953 1,811,107 239,502 226,235 755,870 56,400 55,623 10,137,950 64
2015 6 30 16. (i) 10,137,950 (1,265,560) (1,055,233) (2,674,008) (179,576) (151,102) (42,878) (388,456) (272,952) * 4,108,185 (340,598) 3,767,587 130 3,046,386 6,814,103 5,142,015 1,384,563 4,415 283,110 6,814,103 * Club Med 58,702,000 65
2015 6 30 16. (ii) (5,142,015) 2014 12 31 (200,678) 497,915 (4,844,778) (58,702) (4,903,480) (iii) 2015 6 30 2015 7 8.65 433 Meadowbrook Insurance Group, Inc.MIG100% MIG 17. 2015 2014 6 30 12 31 1,314,367 1,701,623 11,149,011 16,374,753 46,503 23,956,079 14,285,765 36,465,960 32,362,141 83,859 126,486 893,675 84,000 2,829,050 1,061,534 2,955,536 66
2015 6 30 18. 2015 2014 6 30 12 31 269,831 223,000 269,831 223,000 * 2,578,660 2,434,754 2,848,491 2,657,754 * 2015 6 30 2,578,660,000 2014 12 31 2,434,754,000 19. (1) 12 6 30 2015 2014 460,608 362,232 62,655 77,996 980 19,764 305 17 293 1,997 77,923 67,546 17,600 2,217 5,904 1,194 606,966 318,443 55,631 23,000 9,192 8,938 3,971 935,447 724,210 67
2015 6 30 19. (1) 12 6 30 2015 2014 1,503 3,086 20 6 80,089 98,698 359 147 125,772 157,677 3,865 1,466 10,496 42,689 604 429 7,637 4,911 80,000 354,758 159,694 1,589,536 738,336 214,200 518,000 (2) 6 30 2015 2014 33,616 33,526 189 166 33,805 33,692 68
2015 6 30 20. 2015 2014 2015 2014 6 30 12 31 6 30 12 31 73,897,998 67,742,925 73,897,998 67,742,925 1,567,979 1,296,977 1,567,979 1,296,977 15,277,127 14,867,194 15,277,127 14,867,194 90,743,104 83,907,096 90,743,104 83,907,096 96,480,370 93,155,696 96,140,094 93,020,297 326,261 2,485,546 701,350 3,503,939 2,973,260 3,391,172 2,973,260 3,391,172 209,649 267,227 209,649 267,227 78,958 65,670 78,958 65,670 100,068,498 99,365,311 100,103,311 100,248,305 69
2015 6 30 20. 2015 6 30 2015 6 30 2015 6 30 11,041,366,000 2014 12 31 9,494,888,000 2015 6 30 828,900,000 1,227,969,000 70
2015 6 30 20. 2015 6 30 24 2015 6 30 27,720,000 2014 12 31 27,720,000 2016 57,780,000 2014 12 31 60,299,000 Alma Lasers 2015 6 30 2015 6 30 71
2015 6 30 20. 2015 6 30 43,322,971 23,993,556 6,581,471 73,897,998 12,198,521 3,007,730 70,876 15,277,127 55,521,492 27,001,286 6,652,347 89,175,125 2014 12 31 11,086,712 50,338,046 6,318,167 67,742,925 13,074,122 1,766,229 26,843 14,867,194 24,160,834 52,104,275 6,345,010 82,610,119 72
2015 6 30 20. 6 30 2015 2014 1 1 6,345,010 813,498 6,345,010 126,522 (134,948) (497,735) 6,652,347 6,345,010 2015 6 30 1,567,979 1,567,979 2014 12 31 1,296,977 1,296,977 73
2015 6 30 20. 2015 6 30 85,500 85,500 78,958 78,958 78,958 85,500 164,458 2014 12 31 88,019 88,019 65,670 65,670 65,670 88,019 153,689 6 30 2015 2014 1 1 88,019 99,804 (2,519) 15,935 (27,720) 85,500 88,019 74
2015 6 30 20. 2015 6 30 12,466,104 83,673,990 96,140,094 701,350 701,350 2,887,760 2,887,760 209,649 209,649 13,167,454 86,771,399 99,938,853 2014 12 31 9,079,979 83,940,318 93,020,297 3,503,939 3,503,939 3,303,153 3,303,153 267,227 267,227 12,583,918 87,510,698 100,094,616 75
2015 6 30 21. (i) 2015 7 Hauck & Aufhäuser Privatbankiers KGaAH&A 80% H&A H&A 100% H&A 682.5 210 2015 7 7 80% H&A H&A (ii) 2015 7 24 Billion Eastgate (Luxembourg) S.à r.l. Billion Eastgate 97,596,283 BHF Kleinwort Benson Group SABHF 1,007,177 5.1 500 BHF (iii) 2014 12 Miracle Nova II (US), LLC Meadowbrook Insurance Group, Inc.MIG 8.65 433 MIG 100% 2015 7 MIG MIG 22. 23. 2015 8 28 76
2007 6 19 2015 3 25 (i) (ii) 2015 3 26 71 4,620,000 (i) 52 2,430,000 (ii) 19 2,190,000 2015 5 12 Morgan Stanley & Co. International plc UBS AG 20.00 465,000,000 20.00 465,000,000 2015 5 20 465,000,000 465,000,000 9,300 9,243 (1) 4,262 (2) 4,788 (3) 193 77
2015 6 30 60,000 EHR 2015 6 30 XV 352 (1) 5,510,793,609 (1) 71.29% 14,259,320 0.18% 4,472,640 0.06% (2) 8,635,280 0.11% 10,000 0.00% 10,000 0.00% 10,000 0.00% 78
(2) XV 1 100.00% 29,000 58.00% A (3) 114,075 0.01% 920,641,314 48.25% 11,000 22.00% 5,000 10.00% A (3) 114,075 0.01% (4) 5,000 10.00% A (3) 114,075 0.01% (1) XV 7 8 5,510,793,609 (2) 2015 7 10 (3) A (4) 2015 7 10 (5) 2015 7 10 4,023,000 2015 6 30 0.05% 114,075 A 2015 6 30 A 0.01% 2015 7 10 190,000 2015 6 30 0.00% 2015 6 30 XV 2 3 336 5,510,793,609 (2) 71.29% (1) 5,510,793,609 (2) 71.29% (1) 58% 22% 10% 10% (2) (3) 58% 79
2015 6 30 XV 2 3 336 13.51B 2014 (1) 2015 1 12 Fidelidade, Multicare Fidelidade Assistência 2015 2 13 Ironshore (1) 2015 7 10 (1) 2015 7 10 (1) 2015 7 10 (1) 2015 7 10 (1) 2015 7 10 (2) 2015 6 2 300226.SZ 2015 2 9 01033.HK 2015 5 13 08325.HK 2015 6 10 600280.SH (3) 2015 1 1 (1) 2015 1 1 4.6 3.1 2015 1 1 4.4 3.0 2015 1 1 4.4 3.0 2015 1 1 3.6 2.5 2015 1 1 3.5 2.4 (2) 2015 1 1 3.4 2.3 (2) 2015 1 1 1.52 2015 1 1 0.55 (3) (1) (2) 2015 7 10 (3) (4) 2,580,000 13.51B 80
81
2015 7 10 2015 7 10 2015 7 10 2015 7 10 3 808 2 200010 183 17M 00656 http://www.fosun.com 82
EBITDA EBITDA ROE 2 [ ] BHF-BANK BHF Kleinwort Benson Caruso Fidelidade Fidelidade Assistência Folli Follie H&A IDERA BHF-BANK AG BHF Kleinwort Benson BHF Kleinwort Benson Group SA RHJ International SA BHFKB Raffaele Caruso S.p.A Club Méditerranée SA China Momentum Fund, L.P. A 000798 Fidelidade-Companhia de Seguros, S.A. Fidelidade Assistência - Companhia de Seguros, S.A. Cares - Companhia de Seguros, S.A. Folli Follie Group Fosun International Holdings Ltd. Fidelidade Multicare Fidelidade Assistência (GFA) Hauck & Authäuser Privatbankiers KGaA IDERA Capital Management Ltd. 83
Ironshore Ironshore Inc. Kleinwort Benson Kleinwort Benson Bank Limited BHF Kleinwort Benson H 08267 Luz Saúde Luz Saúde, S.A. ESPÍRITO SANTO SAÚDE - SGPS, SA) LUZ MIG Meadowbrook Insurance Group, Inc. 2015 7 H 01988 A 600016 Multicare Multicare-Seguros de Saúde, S.A. A 601336 H 01336 Perfect World Co., Ltd. Phoenix Holdings Phoenix Holdings Ltd. 2015 6 30 6 Roc Oil Company Limited 2015 1 A 600429 ( 571 Silver Cross Silver Cross Nurseries Limited H 01099 St. John St. John Knits International, Incorporated Studio 8 Studio 8, LLC A 600655 H 01818 A 000685 84