GREAT WATER HOLDINGS LIMITED 75,000, % % 0.005% C

GREAT WATER HOLDINGS LIMITED 建禹集團控股有限公司於開曼群島註冊成立之有限公司股份代號 8196 獨家保薦人獨家賬簿管理人及獨家牽頭經辦人

GREAT WATER HOLDINGS LIMITED 75,000,000 0.96 1% 0.0027% 0.005% 0.01 8196 32 342C 2015 11 30

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EPC O&M 12 31 6 30 2013 2014 2014 2015 % % % % EPC 42,147 67.1 25,624 21.0 4,206 30.1 5,655 9.0 68,365 55.9 3,999 28.7 44,908 71.2 42,147 67.1 93,989 76.9 8,205 58.8 50,563 80.2 2,807 4.5 722 0.6 73 0.5 10,734 17.0 16,666 26.5 18,967 15.5 4,924 35.3 33 0.1 19,473 31.0 19,689 16.1 4,997 35.8 10,767 17.1 O&M 1,196 1.9 8,544 7.0 754 5.4 1,721 2.7 62,816 100.0 122,222 100.0 13,956 100.0 63,051 100.0 1

2014 EPC BOT 2014 12 31 2015 6 30 BOT 68.4 44.9 EPC 2011 EPC 2013 12 EPC EPC (i) (ii) EPC BOT BOT 2

EPC EPC 18 9 12 15% 20% 90 EPC 3

2013 2014 12 31 2015 6 30 101.1 141.3 208.7 12 10% 30 (i) EPC 12 (ii) 80 400 2013 12 31 1 5 5 100% 1 13 8 62% 18 13 72% 2014 12 31 1 7 6 86% 1 23 9 39% 30 15 50% 4

2015 6 30 1 1 0 0% 1 8 5 63% 9 5 56% 1 13 11 85% 1 44 22 50% 57 33 58% 32 2013 2014 12 31 2015 6 30 97.7% 67.4% 92.6% 36.4% 16.1% 41.1% EPC 2013 2014 12 31 2015 6 30 34.3% 22.9% 33.2% 17.8% 5.7% 5

8.3% 2013 2014 12 31 2015 6 30 47.3% 17.6% 19.0% 26.5% 11.9% 6.8% 2014 590 2014 16.3% 0.16% (i) (ii) (iii) 6

EPC 12 31 6 30 2013 2014 2014 2015 62,816 122,222 13,956 63,051 (47,093) (86,495) (10,511) (45,828) 15,723 35,727 3,445 17,223 9,745 26,607 514 7,960 8,217 22,712 404 5,892 9,942 24,345 2,038 5,879 2013 12 31 62.8 94.6% 2014 12 31 122.2 (i) 2014 12 31 (ii) 2014 12 31 O&M 2015 2014 6 30 14.0 2015 6 30 63.1 7

2013 12 31 8.2 176.8% 2014 12 31 22.7 (i) (ii) 2014 6 30 0.4 2015 6 30 5.9 12 31 6 30 2013 2014 2014 2015 % % % % EPC 10,115 24.0 2,993 11.7 828 19.7 1,132 20.0 22,114 32.3 1,423 35.6 11,906 26.5 10,115 24.0 25,107 26.7 2,251 27.4 13,038 25.8 460 16.4 130 18.0 12 16.4 3,266 30.4 4,439 26.6 3,082 16.3 782 15.9 5 15.2 4,899 25.2 3,212 16.3 794 15.9 3,271 30.4 O&M 709 59.3 7,408 86.7 400 53.1 914 53.1 15,723 25.0 35,727 29.2 3,445 24.7 17,223 27.3 2013 2014 12 31 2014 2015 6 30 25.0% 29.2% 24.7% 27.3% 8

12 31 6 30 2013 2014 2015 22,713 24,541 25,669 49,648 102,697 180,693 34,320 60,492 134,542 15,328 42,205 46,151 35,475 63,890 69,239 2014 12 312015 6 30 6 30 12 31 2013 2014 2015 6,439 10,810 (10,652) (606) (160) (1,153) (20,163) 3,440 13,408 (14,330) 14,090 1,603 17,775 3,446 17,532 1 (4) (27) 3,446 17,532 19,108 2013 12 31 20 20.2 2014 12 31 2015 6 30 10.7 2015 9

12 31 2013 2014 6 30 2015 1.4 1.7 1.3 1.3 1.6 1.3 21.7% 12 31 2013 2014 6 30 2015 25.0% 29.2% 27.3% 13.1% 18.6% 9.3% 23.2% 35.5% 17.0% 11.4% 17.9% 5.7% 60.8 167.3 48.7 2015 6 30 Oceanic Expert Waterman Global 30.45% 22.37% 14.68% Oceanic Expert Waterman Global Thinker Global Thinker Global Oceanic Expert Thinker Global Waterman Global 1989 12 163 164 5.01 5.02 10

1........................................................ 288,000,000 2................................................0.48 1. 0.96 300,000,000 2. 300,000,000 0.96 48.7 14.4 29.6% 2.6 5.3% 12.1 24.9% 2.0 4.1% EPC 17.6 36.1% EPC 11

0.96 23.3 (i) 7.0 (ii) 16.3 1.8 6.1 2014 12 31 2015 6 30 8.4 2015 12 31 2015 12 31 2013 2014 12 31 2015 6 30 2015 6 30 2015 6 30 O&M (i) EPC (ii) (iii) 72.2 2015 4 12

22.0 EPC 2016 2015 2015 10 31 EPC 34.6 2015 7 15 10,079 2015 9 2015 7 30 16,094 2015 10 2015 7 30 1,589 2015 12 2015 9 22 6,856 2017 3 34,618 2015 10 31 3 EPC 4 7 190.6 7 EPC 13.0 2015 6 5 2015 1 2016 17.6 2015 6 30 2015 6 30 13

2015 11 24 1961 3 22 2014 3 3 622 2014 3 3 32 2015 3 25 14

Oceanic Expert Thinker Global Waterman Global 15 2015 11 24 2015 11 24 E20 E20 E20 2007 3 16 2008 1 1 15

Euromonitor Euromonitor International Ltd. Euromonitor Euromonitor 2015 2 6 2015 3 10 2001 8 2 16

2015 5 7 2015 11 23 2015 4 28 17

Oceanic Expert Oceanic Expert Investments Limited 2015 1 12 2015 1 8 0.96 1% 0.0027% 0.005% 75,000,000 18

571 0.01 1 4 6 15 19

Thinker Global The Thinker Global Limited 2014 12 3 2015 1 6 2013 2014 12 31 2015 6 30 2015 11 30 S&B Law Company Limited EPC Pacific Crystal Textiles Limited Trung Khoa Kien Vu Environmental Protection (Vietnam) Company Limited 2013 8 22 20

Waterman Global Waterman Global Limited 2015 2 2 % 21

BOT EPC EPC BOT O&M 22

7 0 14 23

2013 12 31 62.8 2014 12 31 122.2 94.6% 2013 12 31 8.2 2014 12 31 22.7 176.8% 2013 12 31 15.7 20.0 2014 12 31 35.7 127.4% 2013 25.0% 2014 29.2% 2014 EPC O&M 2013 2014 22.1 2014 32.3% EPC O&M 2014 2014 1 5.7 26

EPC EPC 67.1% 76.9% 80.2% EPC EPC 18 16 30 80 400 2013 2014 12 31 2015 6 30 24.1 70.6 75.6 27

EPC EPC 28

EPC EPC 2013 2014 12 31 2015 6 30 47.5% 18.6% 20.0% 2015 10 31 O&M 58.7 (i) 4 EPC 3 1 (ii)2 EPC EPC 29

2013 8 30

EPC EPC 31

2014 BOT 32

25% 15% 2015 11 2015 7 EPC 33

2015 4 17 4 2015 09171 2016 4 17 EPC EPC ) H1N1 34

27.9 13.0 EPC 2015 2015 8 2015 6 30 1.00 3,565 2015 9 30 1.00 3,535.83 6.20731.002015 9 30 6.36131.00 2014 2015 2017 35

EPC 1978 36

2013 2014 12 31 2015 6 30 100% 91.2% 94.6% 1978 37

25% 2009 12 698 2015 2 7 38

7 698 7 698 7 (i) 698 7 (ii) 7 7 (i) (ii) 7 698 698 7 698 7 698 7 2014 7 37 39

37 37 2015 3 30 19 2015 6 1 19 19 40

2006 7 14 1999 6 18 2000 2 1 42

2009 2013 43

23.3 7.0 16.3 1.8 6.1 2014 12 31 2015 6 30 8.4 2015 12 31 2015 12 31 44

571V 46

11.12A(2) 11.23(7) 25% 75,000,000 25% 44B(1) Codan Trust Company (Cayman) Limited 47

2015 12 9 4,000 8196 1.00 1.27 1.00 7.80 2,810.99 1.00 48

1103 5 1 188 8 23 2301 881 16 301 86 3003 368 47 17 C 49

28 19 28 19 200 5 503 Nixon Peabody CWL 1 50 6003 A 10 Conyers Dill & Pearman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands S&B Law Company Limited 18th Floor, Center Building Hapulico Complex No.85 Vu Trong Phung Street, Thanh Xuan Dist. Hanoi, Vietnam 50

199 22 1 22 26 38 3806 28 19 8. 51

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 18 1 50 (HKICS, HKICPA) 1 6 D 11 1103 1 6 D 52

Codan Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman, KY1-1111 Cayman Islands 183 22 2 2 12 2 www.greatwater.com.cn 53

Euromonitor E20 Euromonitor E20 Euromonitor E20 Euromonitor E20 Euromonitor E20 Euromonitor E20 Euromonitor E20 Euromonitor E20 457,500 200,000 10,000 Euromonitor 1972 E20 2000 E20 2011 Savaterra BKT Euromonitor E20 Euromonitor E20 (i) (ii) (iii) 54

(iv) Euromonitor E20 Euromonitor E20 Euromonitor E20 (i) (ii) (iii) (iv) (v) Euromonitor E20 Euromonitor E20 55

1 650.0 640.0 630.0 620.0 610.0 600.0 590.0 580.0 570.0 1.0% 596.5 602.2 1.4% 610.7 614.2 0.6% 618.3 622.0 626.6 0.7% 0.7% 0.7% 0.7% 630.7 634.7 638.7 642.7 0.6% 0.6% 0.6% 1.6% 1.4% 1.2% 1.0% 0.8% 0.6% 0.4% 0.2% 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 0.0% 09 14 15 19 0.8% 0.6% Euromonitor Euromonitor 2009 2014 0.8% 2014 6,220 Euromonitor 2015 2019 0.6% 2019 6,427 2 2014 1.7% 22.8% 63.1% 12.4% Euromonitor 2 2014 35.2% 2,190 Euromonitor (i) (ii) 56

(iii) 3 70,000 58,970 61,730 65,880 68,430 69,490 71,560 60,000 50,000 40,000 30,000 35,520 37,980 42,790 46,270 48,510 51,030 09 14 15 19 7.5% 4.0% 20,000 2.6% -6.2% 10,000 0 23,450 23,750 23,090 22,160 20,980 20,530 2009 2010 2011 2012 2013 2014 3.9% 1.5% Euromonitor 3 2014 716 2009 590 21.4% Euromonitor 2019 773 2015 2019 1.5% 20092014 2014 510 2009 355 43.7% Euromonitor 2015 2019 4.0% 2009 235 12.8% 2014 205 57

Euromonitor 4 70 60 58 50 40 30 20 43 15 16 23 19 20 33 21 38 25 34 29 42 34 44 39 46 20 48 49 16 09 14 15 19-4.6% 3.9% 10.8% -13.8% 10 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 E20 E20 2009 2010 20062010 2010 2011 2014 2015 2019 3.9% 2009 2014 2017 2015 2017 2017 2018 58

Euromonitor BOT BOT BOT BOT BOT BOT BOT BOT EPC EPC EPC E20 (i) 59

(ii) E20 1,000 590 2014 16.3% 20.1% 0.16% 2014 1 A 5.6% 2 B 4.9% 3 C 3.2% 4 D 1.5% 5 E 1.1% E20 Euromonitor 60

Euromonitor Euromonitor Euromonitor Euromonitor 2015 2010 77.5% 60.1% 20% 85% 70% 30% 2013 36.9% Euromonitor 2011 2015 4,300 Euromonitor 2015 61

5 1999 = 100 09 13 60,000 135.0 51,599 135.5 12.3% 46,027 135.0 50,000 134.5 40,000 36,483 134.0 0.2% 32,488 41,741 133.5 30,000 133.5 133.5 133.0 133.1 132.5 20,000 132.0 132.2 10,000 131.5 131.0 0 130.5 2009 2010 2011 2012 2013 5 2009 2013 132.2 135.0 2009 32,488 2013 51,599 12.3% 62

2013 16.1% 2014 100 140 2014 29.6% 2014 1 F 18.0% 2 G 7.0% 3 D 2.0% 4 H 1.4% 5 I 1.2% 63

Euromonitor Euromonitor 2015 64

2015 2011 7 1 2015 3 1 (i) (ii) (iii) 65

2015 1 1 1 2 3 1 20 5 10 20 20 30 2 3 2 6 5 8 10 15 20 2 3 3 1.5 2 5 5 10 10 2 66

5,000 1,000 5,000 <1,000 10,000 4,000 10,000 <4,000 20,000 8,000 20,000 <8,000 10,000 2,000 10,000 <2,000 30,000 5,000 30,000 <5,000 2018 1 18 BOT 2000 9 25 2007 9 1 2007 3 29 (i) (ii) (iii) 67

(iv) 2007 23 18 14 10 3 1 5 5 68

(i) (ii) (iii) (iv) 5,000 1,000 5,000 <1,000 10,000 4,000 10,000 <4,000 20,000 8,000 20,000 <8,000 10,000 2,000 10,000 <2,000 30,000 5,000 30,000 <5,000 2020 5 13 2004 1 13 2013 5 15 2013 7 18 2014 1 28 2014 7 29 3 69

1999 8 30 2000 1 1 (i) (ii) (iii) 2000 5 1 (i) 2 (ii) 1 (iii) 0.5 (iv) 30 (i) (ii) 70

BOT 2014 4 24 2015 1 1 71

2000 1 10 (i) 2007 3 16 2008 1 1 2007 12 6 2008 1 1 25% 15% 2013 15% 2015 11 2015 7 72

(ii) 3% (iii) 17% (iv) 10% 10% 2006 8 21 2007 1 1 25% 5% 2009 2 20 (i) (ii) 2009 8 24 2009 10 1 73

1994 7 5 1995 1 1 2009 8 27 2007 6 29 2008 1 1 2012 12 28 2010 10 28 2011 7 1 1999 4 3 2002 3 24 5% 74

1996 1 9 1996 4 1 1997 1 14 2008 8 1 2014 7 4 (2014) 37 75

(i) 1984 3 12 2009 10 1 (ii) 1982 2013 8 30 2002 8 3 2014 4 29 76

10 2006 8 8 2006 9 8 2009 6 22 10 (i) (ii) 10 (i) 10 (a) 1% (b) Woody Industrial Limited 10% (ii) 10 (a) (b) (iii) Woody Industrial Limited 10% 10% 10 Woody Industrial Limited 10% 10% 10 77

(iv) 10% 10 (a) 90% (b) Woody Industrial Limited 10% 10 10 37 2014 7 4 (2014)37 37 37 37 10 2015 37 698 7 2009 12 10 698 698 2008 1 1 2015 2 3 7 698 78

7 7 7 7 6 7 (i) (a) 80% (b) 80% (c) 80% 50% 100% (ii) (iii) 79

698 7 (i) 2015 6 2 Woody Industrial Limited 22,500,000 Woody Industrial Limited 10% 10% (ii) 7 (ii) Woody Industrial Limited 2015 5 25 10% 10% 10% 10% 10% 10% 10% Woody Industrial Limited 10% 10% 10% Woody Industrial Limited 10% 10% Woody Industrial Limited 10% 10% 10% 10% 698 7 Woody Industrial Limited 10% 7 (i) (ii) 7 698 7 698 7 80

(i) 3 1 2004 5 19 87/2004/QD-TTg 2013 12 Pacific Crystal Textiles Limited EPC (i) (ii) 81

2015 10 (i) People's Committee of Hanoi City (i) (ii) (iii) (iv) (v) (ii) (Hanoi Public Security Department) 82

(iii) 2013 12 11 0106342388 2015 1 1 (i) (ii) (i) (a) 1% 10% 83

(b) 2% 5% 2014 8 6 103/2014/TT-BTC 103/2014/TT-BTC (i) 103/2014/TT-BTC (a) 20% 22% 2014 1 1 2015 12 31 22% 200 2016 1 1 20% 84

2015 3 25 2001 8 2012 12 1 10% 9 90% 2004 2013 2014 2001 2001 8 2002 EPC 2003 2014 11 2003 O&M 2004 2006 86

2007 2009 2010 EPC 30,000 2013 A EPC 2014 2015 5 13 87

20012004 2003 O&M 2004 2007 2011 2010 2012 2012 2013 3 EPC 6 188.9 88

2015 3 25 20,000,000 2,000,000,000 0.01 2015 3 25 Oceanic Expert Waterman Global 1 2015 11 17 2001 8 2 1,000,000 90 2001 % 20% 200,000 20% 200,000 15% 150,000 10% 100,000 89

% 10% 100,000 5% 50,000 5% 50,000 5% 50,000 5% 50,000 5% 50,000 100% 1,000,000 (i) (ii) 2003 3 60% 53 14 600,000 70% 20% 10% 90

2003 10 15 1 5 2004 10 18 5 10 2003 10 50% 2012 4 52% 48% 2012 4 48% 4.8 2012 6 2011 2011 2012 6 2012 7 12 29% 20% 2.9 2 51% 29% 20% 2012 10 24 10 30 8.1 7.042 4.858 44% 33.14% 22.86% 2014 10 17 4,070,071 3,333,300 736,771 30,000,000 33,333,300 91

39.6% 29.83% 20.57% 10% 2015 3 10 2015 4 28 48,000,000 2015 5 7 48,000,000 2013 8 22 Oceanic Expert Thinker Global Waterman Global 92

90% 2015 3 1 2012 6 11 (i) (ii) (a) (b) (c) 11.12A(2) 93

(a) 2014 12 5 406,770 1% 2014 6 30 30% (b) Thinker Global 2015 1 8 50,000 1.00 1 Thinker Global 2014 12 3 50,000 1.00 1 2015 1 6 50,000 1.00 1 (c) Oceanic Expert Waterman Global Oceanic Expert 2015 1 12 50,000 1.00 1 Waterman Global 2015 2 2 50,000 1.00 Thinker Global 1 2015 2 6 50,000 1.00 1 94

(d) 2015 3 25 20,000,000 2,000,000,000 0.01 0.01 Sharon Pierson 1 2015 3 25 0.01 1 Oceanic Expert Waterman Global 1 (e) 1 2015 3 10 1.00 1 2015 4 1 1.00 1 (f) 10% 2015 4 17 10% 4,067,700 2014 6 30 2015 7 10 45.11% 33.14% 21.75% (g) 2015 4 28 48,000,000 2014 10 31 48,000,000 45.11% 33.15% 21.74% 2015 5 21 (h) 2015 5 7 48,000,000 2014 10 31 48,000,000 2015 5 22 95

(i) 10% 2015 5 15 10% 4,800,000 2015 7 10 90% 10% (j) 90% 10% 2015 5 15 90% 43,200,000 54 2015 4 3 2014 10 31 2015 7 10 (l) 2015 5 15 10% 4,800,000 2015 4 3 2014 10 31 2015 6 2 10 2015 5 25 2015 6 2 10 22,500,000 96

(k) Oceanic Expert Waterman Global 2015 6 2 90% (j) Oceanic Expert Waterman Global 24,416,400 17,939,425 11,769,175 202,499,997 Oceanic Expert Waterman Global 91,349,999 67,117,499 44,032,499 2015 7 7 54,125,000 89 (l) (l) 2015 6 2 89 54,125,000 2015 7 7 54,125,000 90% (j) 97

100% Acute Capital Investments Limited 100% 39.60% 29.83% 20.57% 10.00% 100% 100% 1 2 98

1 100% 100% 100% 100% Thinker Global Acute Capital Investments Limited 100% 100% 100% 100% Oceanic Expert Waterman Global 40.60% 29.83% 19.57% 10.00% 100% 100% 100% 100% 2 100% 2 1 2 99

1 100% 100% 100% Thinker Global 100% 100% 100% 100% Acute Capital Investments Limited 100% Oceanic Expert Waterman Global 30.45% 22.37% 14.68% 7.50% 25.00% 100% 100% 100% 100% 2 100% 2 1 2 100

EPC EPC 9 EPC 5 4 10 7 3 BOT (i) O&M (ii) 2013 11 2014 1 2014 8 548,000 2014 11 10.1 101

12 31 6 30 2013 2014 2014 2015 % % % % EPC 42,147 67.1 25,624 21.0 4,206 30.1 5,655 9.0 68,365 55.9 3,999 28.7 44,908 71.2 42,147 67.1 93,989 76.9 8,205 58.8 50,563 80.2 2,807 4.5 722 0.6 73 0.5 10,734 17.0 16,666 26.5 18,967 15.5 4,924 35.3 33 0.1 19,473 31.0 19,689 16.1 4,997 35.8 10,767 17.1 O&M 1,196 1.9 8,544 7.0 754 5.4 1,721 2.7 62,816 100.0 122,222 100.0 13,956 100.0 63,051 100.0 2015 10 31 O&M (i) EPC (ii) 58.7 EPC 2013 12 EPC 27.9 EPC 2013 2014 12 31 2015 6 30 8.8% 5.4% 102

BOT 13 EPC 7 12 103

ISO 9001:2008 O&M 104

O&M EPC O&M O&M 105

2017 10 15 EPC EPC EPC 9 12 15% 20% EPC EPC O&M EPC EPC (i) (ii) (iii) (iv) EPC EPC EPC 5% 106

EPC 18 12 BOT BOT BOT BOT EPC BOT 12 107

2013 11 (i) 4.1 (ii) 35.4 108

548,000 2014 11 1,600 10.1 (i) (ii) (i) (iii) (iv) O&M O&M (i) (ii) (iii) 109

2013 2014 12 31 2015 6 30 2013 12 31 1 EPC 4,400 IC 35,221 22,876 2015 9 2 35,412 16,448 110

3 EPC 4,000 14,548 11,419 4 EPC 74 7,482 7,482 5 4,075 2,807 61,032 97.2% 111

2014 12 31 1 960,000 19,286 19,286 2 35,412 18,964 3 40,000 15,778 15,778 112

4 EPC 4,500 27,897 10,715 2015 12 5 25,000 10,706 10,706 75,449 61.7% 113

2015 6 30 1 100,000 48,205 25,926 2015 12 2 180,000 28,205 14,786 2015 12 3 10,065 10,065 4 15,000 4,197 4,197 5 EPC 4,500 27,897 3,431 2015 12 114

58,405 92.6% 115

2013 2014 12 31 2015 6 30 EPC 67.1% 76.9% 80.2% (i) (ii) (iii) (iv) ph 116

117

EPC EPC EPC 118

EPC 119

2013 12 31 1 5 5 100% 1 13 8 62% 18 13 72% 2014 12 31 1 7 6 86% 1 23 9 39% 30 15 50% 2015 6 30 1 1 0 0% 1 8 5 63% 9 5 56% 1 13 11 85% 1 44 22 50% 57 33 58% 120

EPC 121

EPC 2013 2014 12 31 2015 6 30 22.4 16.1 9.1 47.5% 18.6% 19.9% 12 122

EPC 9 12 15% 20% 90 123

2015 6 30 EPC 4 35,980 3 35,924 1 40 2 289 10 72,233 2015 6 30 1 2012 12 12 EPC 4,400 35,221 35,094 127 2015 9 2013 4 19 163 123 40 2015 9 2013 12 23 EPC 4,500 27,897 14,146 13,751 2015 12 124

1 2013 5 7 EPC 375 273 102 2015 11 2013 10 14 O&M 34 28 6 2015 12 2014 4 24 O&M 283 283 2015 12 2014 5 1 7.2 226 226 2015 12 2015 3 13 100,000 48,205 25,926 22,279 2015 12 2015 4 14 180,000 28,205 14,786 13,419 2015 12 2015 4 15 2 EPC 1,000 22,000 22,000 2016 6 72,233 1. 2. 2015 4 15 EPC 2015 10 8 125

2015 10 31 EPC 4 30,811 3 25,964 1 1,589 2 289 10 58,653 2015 10 31 2015 10 31 2015 6 30 2012 12 12 EPC 4,400 35,221 35,221 2015 9 2013 4 19 163 163 2015 9 2013 12 23 EPC 4,500 27,897 26,044 1,853 2015 12 2013 5 7 EPC 375 273 102 2015 11 2013 10 14 O&M 34 28 6 2015 12 126

2015 10 31 2014 4 24 O&M 283 283 2015 12 2014 5 1 7.2 226 226 2015 12 2015 3 13 100,000 48,205 32,176 16,029 2015 12 2015 4 14 180,000 28,205 18,496 9,709 2015 12 2015 4 15 EPC 1,000 22,000 22,000 2016 6 50,208 127

2015 10 31 2015 10 31 2015 7 15 40,000 10,079 10,079 2015 9 2015 7 30 15,000 16,094 16,094 2015 10 2015 7 30 1,589 1,589 2015 12 2015 9 22 EPC 6,856 6,856 2017 3 8,445 58,653 EPC BOT 128

2013 2014 12 31 2015 6 30 2013 12 31 EPC 1 3 30 22,876 36.4 1 2 2 30 19,256 30.6 2 EPC 1 3 30 11,419 18.2 3 EPC 1 2.5 30 7,482 11.9 4 O&M 1 12.5 30 360 0.6 5 61,393 97.7 129

1. 2. 3. 4. 5. 2014 12 31 2 2 30 19,686 16.1 1 1.5 30 19,286 15.8 1 2 1 30 16,911 13.8 2 130

1 2 30 15,778 12.9 3 4 EPC 1 2 30 10,715 8.8 82,376 67.4 1. 2. 2013 12 31 2015 6 30 3. 4. 131

2015 6 30 1 0.5 30 25,926 41.1 1 1 0.5 30 14,786 23.4 1 1 2 30 10,065 16.0 2 1 0.5 30 4,197 6.7 1 EPC 1 2 30 3,431 5.4 58,405 92.6 1. 2. 132

2013 2014 12 31 2015 6 30 61.4 82.4 58.4 97.7% 67.4% 92.6% 22.9 19.7 25.9 36.4% 16.1% 41.1% BOT BOT 5% EPC 133

EPC 18 16 EPC 10% 30% 50% 10% 30% 30% 30% 5% 10% 12 5% 10% 134

EPC (i) (ii) (iii) (iv) 135

EPC 1. 4 6 2. 2. 6 8 3. 3. 4 5 4. 4. 1 5. 5. 6. 136

30 80400 90 2013 2014 12 31 2015 6 30 101.1 141.3 208.7 2013 12 31 2014 12 31 2015 6 30 24.1 70.6 75.6 748,000 1.8 2.8 2015 6 30 137

138

2013 2014 12 31 2015 6 30 2013 12 31 6 % A 1 2 35 8,387 17.8 B 2 2 45 2,715 5.8 C 3 2.5 43 2,292 4.9 4 D 2 90 1,381 2.9 E 5 2.5 38 1,368 2.9 16,143 34.3 1. A 2. B 3. C 4. D 5. E 6. 30 90 139

2014 12 31 5 F 1 1 38 4,963 5.7 G 2 1.5 45 4,487 5.2 C 2.5 35 3,844 4.4 H 3 1.5 45 3,684 4.3 I 4 1 38 2,837 3.3 19,815 22.9 1. F 2. G 3. H 4. I 5. 30 90 140

2015 6 30 6 J 1 1.5 41 3,806 8.3 K 2 1.5 35 3,354 7.3 L 3 0.5 45 2,821 6.2 M 4 1.5 38 2,703 5.9 N 5 0.5 40 2,525 5.5 15,209 33.2 1. J 2. K 3. L 4. M 5. N 6. 30 90 2013 2014 12 31 2015 6 30 34.3% 22.9% 33.2% 17.8% 5.7% 8.3% 141

5% 10% 30% 5% 10% 30 90 2013 2014 12 31 2015 6 30 111.1 152.0 210.6 2013 2014 12 31 2015 6 30 3.8 3.4 6.9 EPC 142

2013 12 31 % A 1 2.5 30 90 12,495 26.5 B 2 2 30 90 4,184 8.9 C 3 2.5 30 90 3,302 7.0 D 4 A 5 E 2 30 90 2,170 4.6 2.5 30 90 114 0.3 22,265 47.3 1. A 143

2. B 3. C 4. D D A 5. E 2014 12 31 2014 12 31 % F 1 1.5 30 90 10,302 11.9 A 2.5 30 90 2,205 2.5 G 2 2 30 90 1,094 1.3 H 3 8 30 90 920 1.1 4 I 1.5 30 90 701 0.8 15,222 17.6 1. F 2. G 144

3. H 4. I 2015 6 30 % J 1 1 30 90 3,101 6.8 F 1.5 30 90 2,440 5.3 K 2 1 30 90 1,743 3.8 A 2.5 30 90 729 1.6 L 3 1 30 90 705 1.5 8,718 19.0 1. J 2. K 3. L 2013 2014 12 31 2015 6 30 47.3% 17.6% 19.0% 26.5% 11.9% 6.8% 145

5% 10% 30% 12 5% 10% (i) (ii) (iii) 146

12 2013 2014 12 31 2015 6 30 440,000 109,000 449,000 147

EPC www.greatwater.com.cn 2. 148

2004 2010 GB/ T 19001 2008/ISO 9001:2008 2011 2011 2012 2013 2014 A 2012 2013 2014 11 2010 GB/T 19001 2008/ISO 9001:2008 2016 10 21 149

2010 9 ISO 9001:2008 8 O&M 150

(i) O&M (ii) (iii) O&M 2013 3 2013 3 (i) (ii) 151

2013 3 24 152

153

(i) (ii) EPC 2014 16.3% (i) (ii) (iii) 154

18 4,178 7,356 2,661 4,695 187,035 2015 8 31 32.0 1,116.2 2015 4 2015 5 2015 2015 8 31 1,139,000 155

2015 1 27 House No. 22, Lot C, Resettlement Zone, 218 Doi Can Street, Lieu Giai Ward, Ba Dinh District, Hanoi City, Vietnam 150 2015 1 27 2016 1 26 20 7,115 2013 12 31 2014 12 31 2015 6 30 48 63 68 67 62 5 2013 12 31 2014 12 31 2015 6 30 12 31 6 30 2013 2014 2015 4 5 5 5 4 5 5 5 6 4 5 4 3 4 5 5 O&M 5 10 13 13 12 15 16 16 14 15 14 14 5 5 5 48 63 68 67 156

2013 2014 12 31 2015 6 30 4.1 5.3 3.7 2013 2014 12 31 2015 6 30 6 30 12 31 2013 2014 2015 1,276 1,327 950 438 521 419 2,409 3,486 2,292 4,123 5,334 3,661 157

1. 2013 1 18 2018 1 18 5 2. 2015 5 13 2020 5 13 3. 2013 7 26 2016 7 26 158

2015 10 159

(i) (ii) (i) (ii) (iii) (iv) (v) 160

52 2001 8 2015 3 25 2015 5 27 32 2007 1 2015 5 27 39 2012 6 2015 3 25 2015 5 27 34 2012 6 2015 3 25 2015 5 27 43 2015 11 2015 11 24 56 2015 11 2015 11 24 48 2015 11 2015 11 24 161

38 45 2008 2 2008 2 2012 9 2012 9 36 2007 2 2007 2 42 2015 3 2015 5 27 52 13 2001 8 1996 2001 1981 7 1988 1 2003 11 2004 11 162

1989 12 1988 11 1989 12 12 1989 3 1989 5 1,000 1989 7 1989 12 1991 6 163

5.01 5.02 15 1991 32 9 2007 1 2007 11 2008 3 2009 1 2014 3 2005 7 2011 1 39 2015 3 25 2015 5 27 2012 6 164

2007 9 1998 6 2007 12 Power Winner Development Limited 2015 3 20 750 34 2015 3 25 2015 5 27 2012 6 2010 9 2009 7 2010 7 2002 7 2005 5 2009 7 43 2015 11 24 22 2010 11 2006 10 2010 10 2001 10 2006 10 1992 7 165

56 2015 11 24 33 2012 1 2000 12 2009 6 2001 12 2009 5 1997 11 1982 12 1985 9 1991 10 2008 11 2014 12 002584 48 2015 11 24 8178 2015 5 646 2012 12 1918 2010 12 5820 1989 6 166

2015 3 2015 11 1318 (i)2015 9 2 (ii)2015 9 29 2015 1 (iii)2015 10 8 (iv) 2015 12 2 (i) (ii) (i) (ii) (iii) XV (iv) (v) 17.50(2)(h) 17.50(2)(v) 38 2008 2 12 2003 1 2007 7 1999 7 2008 12 2010 2 167

45 2012 9 12 2002 7 2010 7 1991 7 1995 6 36 2007 2 15 2001 8 2006 6 2000 7 2005 7 2006 2 2012 2 42 2015 3 2015 5 27 15 2012 9 2014 7 6828 2007 168

5 2012 7 1103 1997 5 2006 12 2015 11 24 5.28 C.3.3 2015 11 24 A.5.2 169

2015 11 24 5.34 B.1.3 A.2.1 170

2013 2014 12 31 2015 6 30 421,000 480,000 241,000 2013 2014 12 31 2015 6 30 596,000 701,000 474,000 2015 12 31 344,000 2013 2014 12 31 2015 6 30 2013 2014 12 31 2015 6 30 (i) (ii) (iii) 171

17.50(2)(h) 17.50(2)(v) 6A.23 2017 12 31 (a) (b) (c) (d) 17.11 172

173

Oceanic Expert Waterman Global 30.45% 22.37% 14.68% Oceanic Expert Waterman Global Thinker Global Thinker Global Oceanic Expert Thinker Global Waterman Global Oceanic Expert Waterman Global Thinker Global Oceanic Expert Thinker Global Waterman Global 11.04 11.04 174

2015 11 24 Oceanic Expert Thinker Global Waterman Global (a) 175

(b) (c) (i) 10% (ii) 5% (i) (ii) 30% (iii) (a) (i) (ii) (b) (i) (ii) (30) 176

(i) (ii) (a) (b) (c) (20) (d) 1. 177

XV 2 3 10% 1 Oceanic Expert 91,350,000(L) 30.45% 2 91,350,000(L) 30.45% 2 91,350,000(L) 30.45% Waterman Global 67,117,500(L) 22.37% Thinker Global 3 67,117,500(L) 22.37% 3 67,117,500(L) 22.37% 44,032,500(L) 14.68% 4 44,032,500(L) 14.68% 4 44,032,500(L) 14.68% 5 22,500,000(L) 7.5% Acute Capital Investments Limited 5 22,500,000(L) 7.5% 5 22,500,000(L) 7.5% 178

1. L 2. Oceanic Expert Oceanic Expert 3. Thinker Global Thinker GlobalWaterman Global Waterman Global 4. 5. Acute Capital Acute Capital XV 2 3 10% 179

2,000,000,000 20,000,000 225,000,000 2,250,000 75,000,000 750,000 300,000,000 3,000,000 11.23(7) 25% 25% 75,000,000 (a) 20% (b) 180

(i) (ii) (iii) (iv) (v) 2. 2. 182

2013 2014 12 31 2015 6 30 2013 2014 12 31 2015 6 30 140.0 120.0 100.0 80.0 60.0 40.0 17 62.8 27 122.2 14 19 63.1 30 25 20 15 10 50.0 45.0 40.0 35.0 30.0 25.0 20.0 15.0 25.0% 15.7 29.2% 35.7 24.7% 27.3% 17.2 % 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 20.0 14.0 5 10.0 5.0 3.4 5.0% 0 2013 2014 2014 2015 0 0.0 2013 2014 2014 2015 0.0% 25.0 22.7 30.0 27.2 20.0 25.0 15.0 20.0 10.0 8.2 5.9 15.0 10.0 10.7 8.1 5.0 0 0.4 2013 2014 2014 2015 5.0 0 1.0 2013 2014 2014 2015 183

(%) 2014 2013 2015 2014 +94.6% +350.7% +127.4% +405.9% +176.8% +1,375.0% +154.2% +710.0% 2015 3 25 2015 7 10 2.4 3 184

EPC O&M O&M 185

186

(a) (b) 187

2015 2017 188

2014 2001 2012 12 31 10.3 BOT 189

EPC EPC 2013 12 31 +15% 12,327.7 (3,395.3) 5,354.1 (2,862.9) +10% 13,459.5 (2,263.5) 6,308.4 (1,908.6) +5% 14,591.2 (1,131.8) 7,262.7 (954.3) 0% 15,723.0 8,217.0 5% 16,854.8 1,131.8 9,171.3 954.3 10% 17,986.5 2,263.5 10,125.6 1,908.6 15% 19,118.3 3,395.3 11,079.9 2,862.9 190

+15% 12,367.2 (3,355.8) 5,387.4 (2,829.6) +10% 13,485.8 (2,237.2) 6,330.6 (1,886.4) +5% 14,604.4 (1,118.6) 7,273.8 (943.2) 0% 15,723.0 8,217.0 5% 16,841.6 1,118.6 9,160.2 943.2 10% 17,960.2 2,237.2 10,103.4 1,886.4 15% 19,078.8 3,355.8 11,046.6 2,829.6 2014 12 31 +15% 25,539.0 (10,188.0) 13,938.9 (8,773.1) +10% 28,935.0 (6,792.0) 16,863.3 (5,848.7) +5% 32,331.0 (3,396.0) 19,787.6 (2,924.4) 0% 35,727.0 22,712.0 5% 39,123.0 3,396.0 25,636.4 2,924.4 10% 42,519.0 6,792.0 28,560.7 5,848.7 15% 45,915.0 10,188.0 31,485.1 8,773.1 +15% 33,312.1 (2,414.9) 20,632.4 (2,079.6) +10% 34,117.1 (1,609.9) 21,325.6 (1,386.4) +5% 34,922.1 (804.9) 22,018.8 (693.2) 0% 35,727.0 22,712.0 5% 36,531.9 804.9 23,405.2 693.2 10% 37,336.9 1,609.9 24,098.4 1,386.4 15% 38,141.9 2,414.9 24,791.6 2,079.6 191

2015 6 30 +15% 11,942.3 (5,280.8) 1,467.5 (4,424.5) +10% 13,702.5 (3,520.5) 2,942.3 (2,949.7) +5% 15,462.8 (1,760.3) 4,417.2 (1,474.8) 0% 17,223.0 5,892.0 5% 18,983.3 1,760.3 7,366.8 1,474.8 10% 20,743.5 3,520.5 8,841.7 2,949.7 15% 22,503.8 5,280.8 10,316.5 4,424.5 +15% 15,852.6 (1,370.4) 4,743.8 (1,148.2) +10% 16,309.4 (913.6) 5,126.5 (765.5) +5% 16,766.2 (456.8) 5,509.3 (382.7) 0% 17,223.0 5,892.0 5% 17,679.8 456.8 6,274.7 382.7 10% 18,136.6 913.6 6,657.5 765.5 15% 18,593.4 1,370.4 7,040.2 1,148.2 192

2013 2014 12 31 2015 6 30 15.7% 14.6% 26.0% 25% 2012 11 15% 2015 11 25% 2015 12 31 22% 2016 1 1 200 5.6 20% 193

2001 10.3 I 6 2012 2013 2014 12 31 6 30 2013 2014 2014 2015 62,816 122,222 13,956 63,051 (47,093) (86,495) (10,511) (45,828) 15,723 35,727 3,445 17,223 2,076 2,449 989 1,330 (816) (989) (335) (954) (7,074) (10,316) (3,580) (9,472) (1) (104) (163) (160) (5) (167) 9,745 26,607 514 7,960 (1,528) (3,895) (110) (2,068) 8,217 22,712 404 5,892 (1) 1,725 1,633 1,634 (13) 9,942 24,345 2,038 5,879 (2) 25.0% 29.2% 24.7% 27.3% (3) 13.1% 18.6% 2.9% 9.3% (4) 13.1% 19.8% 2.9% 16.9% 194

(1) (2) (3) (4) 2013 2014 12 31 2014 2015 6 30 62.8 122.2 14.0 63.1 12 31 6 30 2013 2014 2014 2015 % (1) % (1) % (1) % (1) EPC 42,147 67.1 5 25,624 21.0 7 4,206 30.1 4 5,655 9.0 3 68,365 55.9 6 3,999 28.7 1 44,908 71.2 3 42,147 67.1 5 93,989 76.9 13 8,205 58.8 5 50,563 80.2 6 2,807 4.5 1 722 0.6 1 73 0.5 1 10,734 17.0 3 16,666 26.5 4 18,967 15.5 2 4,924 35.3 2 33 0.1 1 19,473 31.0 5 19,689 16.1 3 4,997 35.8 3 10,767 17.1 4 O&M 1,196 1.9 7 8,544 7.0 11 754 5.4 6 1,721 2.7 9 62,816 100.0 17 122,222 100.0 27 13,956 100.0 14 63,051 100.0 19 (1) 195

2013 2014 12 31 2015 6 30 17 27 19 2013 12 31 2.8 22.9 97.2% 2014 12 31 10.7 19.3 61.7% 2015 6 30 3.4 25.9 92.6% 2013 2014 12 31 2014 2015 6 30 67.1% 76.9% 58.8% 80.2% EPC 2013 2014 12 31 2014 2015 6 30 EPC 67.1% 21.0% 30.1% 9.0% EPC BOT 2013 12 31 2014 BOT 2014 12 31 2014 2015 6 30 55.9% 28.7% 71.2% (i) 2013 2014 12 31 2015 6 30 2.8 0.7 0.5 (ii) 10.1 2015 6 30 196

2013 2014 12 31 2014 2015 6 30 4.5% 0.6% 0.5% 17.0% 2013 2014 12 31 2013 2014 2013 2014 12 31 16.4 19.0 26.2% 15.5% O&M EPC (i) O&M (ii) 2013 2014 12 31 2014 2015 6 30 O&M 1.9% 7.0% 5.4% 2.7% 12 31 6 30 2013 2014 2014 2015 % % % % 22,635 48.1 67,920 78.5 8,136 77.4 35,205 76.8 22,372 47.5 16,099 18.6 1,710 16.3 9,136 19.9 1,276 2.7 1,327 1.6 537 5.1 950 2.1 810 1.7 1,149 1.3 128 1.2 537 1.2 47,093 100.0 86,495 100.0 10,511 100.0 45,828 100.0 (i)epc (ii) 197

EPC EPC O&M 3% 2013 2014 12 31 2014 2015 6 30 15.7 35.7 3.4 17.2 25.0% 29.2% 24.7% 27.3% 12 31 6 30 2013 2014 2014 2015 % % % % EPC 10,115 24.0 2,993 11.7 828 19.7 1,132 20.0 22,114 32.3 1,423 35.6 11,906 26.5 10,115 24.0 25,107 26.7 2,251 27.4 13,038 25.8 460 16.4 130 18.0 12 16.4 3,266 30.4 4,439 26.6 3,082 16.3 782 15.9 5 15.2 4,899 25.2 3,212 16.3 794 15.9 3,271 30.4 O&M 709 59.3 7,408 86.7 400 53.1 914 53.1 15,723 25.0 35,727 29.2 3,445 24.7 17,223 27.3 198

2013 2014 12 31 2014 2015 6 30 10.1 25.1 2.3 13.0 24.0% 26.7% 27.4% 25.8% 2013 12 31 EPC 2014 12 31 2015 6 30 EPC (i) EPC EPC (ii) EPC 3 5% EPC (iii) BOT 199

EPC EPC (i) EPC EPC EPC (ii) EPC EPC 2013 2014 12 31 2014 2015 6 30 4.9 3.2 0.8 3.3 25.2% 16.3% 15.9% 30.4% 200

2013 2014 12 31 2015 6 30 2013 2014 12 31 2015 6 30 O&M 2013 2014 12 31 2014 2015 6 30 O&M 0.7 7.4 0.4 0.9 59.3% 86.7% 53.1% 53.1% O&M EPC 12 31 6 30 2013 2014 2014 2015 1,132 1,863 970 946 316 384 319 564 147 64 44 19 35 11 30 2,076 2,449 989 1,330 (i) (ii) (iii) (iv) 201

12 31 6 30 2013 2014 2014 2015 438 521 242 419 139 330 28 445 110 3 1 129 135 64 90 816 989 335 954 2013 2014 12 31 2014 2015 6 30 0.8 1.0 0.3 1.0 1.3% 0.8% 2.4% 1.5% 53.7% 52.7% 72.2% 43.9% 202

12 31 6 30 2013 2014 2014 2015 2,409 3,486 1,222 2,292 1,632 2,350 949 869 123 1,867 203 4,815 1,215 904 497 346 603 702 297 273 315 234 86 100 777 773 326 777 7,074 10,316 3,580 9,472 2013 2014 12 31 2014 2015 6 30 7.1 10.3 3.6 9.5 11.3% 8.4% 25.7% 15.0% 34.1% 33.8% 34.1% 24.2% 2014 12 31 2015 6 30 1.4 1.8 4.8 6.1 2013 2014 12 31 2014 2015 6 30 163,000 160,000 5,000 167,000 5.6% 6.2% 203

12 31 6 30 2013 2014 2014 2015 1,498 4,151 51 2,343 30 (256) 59 (275) 1,528 3,895 110 2,068 22% 2013 2014 12 31 2015 6 30 15.7% 14.6% 26.0% 25% 15% 2015 11 2015 7 25% 2015 6 30 2013 1 1 10.3 I 6 10.3 2001 2012 204

2013 12 31 2014 12 31 2013 12 31 62.8 59.4 2014 12 31 122.2 94.6% (i) 70.7 (ii) 2014 12 31 O&M 7.3 2013 2014 12 31 42.1 51.9 94.0 123.3% 2014 EPC BOT 2014 68.4 10 EPC 2013 12 31 42.1 2014 12 31 25.6 2014 EPC EPC 2014 27.9 2014 12 31 10.7 2013 2014 12 31 19.5 19.7 2013 2014 2.8 0.7 2013 2014 12 31 16.7 19.0 205

O&M O&M 2013 12 31 1.2 2014 12 31 8.5 2014 1 5.7 2014 2013 12 31 47.1 39.4 2014 12 31 86.5 83.7% 2014 2013 12 31 22.6 45.3 2014 12 31 67.9 2013 12 31 16.7 2014 12 31 87.3 2013 12 31 22.4 6.3 2014 12 31 16.1 EPC 2014 EPC 2013 2014 2014 2013 2013 12 31 15.7 20.0 127.4% 2014 12 31 35.7 2013 206

25.0% 2014 29.2% 2014 EPC O&M 2013 12 31 10.1 15.0 2014 12 31 25.1 148.5% 2013 2014 24.0% 26.7% 2013 2014 22.1 2014 32.3% EPC EPC 2013 24.0% 2014 11.7% (i)2013 7.5 EPC 2013 4.0 53.2% (ii) 2014 3% 20 30% 2013 12 31 4.9 1.7 2014 12 31 3.2 34.7% 2013 2014 2014 O&M O&M 2013 12 31 0.7 6.7 2014 12 31 7.4 957.1% 59.3% 86.7% 207

O&M 2013 12 31 2.1 0.3 14.3% 2014 12 31 2.4 0.7 0.4 2013 12 31 0.8 0.2 25.0% 2014 12 31 1.0 (i) 83,000 (ii) 191,000 2013 12 31 7.1 3.2 45.1% 2014 12 31 10.3 (i) 1.1 (ii) 1.4 (iii) 0.7 2013 12 31 1,000 103,000 2014 12 31 104,000 2014 O&M 208

2013 12 31 163,000 3,0001.8% 2014 12 31 160,000 2014 2013 12 31 9.7 16.9 174.2% 2014 12 31 26.6 2013 12 31 1.5 2.4 160.0% 2014 12 31 3.9 2013 12 31 15.7% 2014 12 31 14.6% 2014 2013 12 31 8.2 14.5 176.8% 2014 12 31 22.7 2013 12 31 13.1% 2014 12 31 18.6% (i) 2014 EPC (ii) 2013 2014 12 31 2013 8 35,000 4,000 (i) 2013 (ii) 2014 339,000 2015 6 30 2014 6 30 2014 6 30 14.0 49.1 2015 6 30 63.1 350.7% 2014 2015 19 2014 6 209

30 14 (i) 10.1 (ii) 2015 6 30 44.9 2014 6 30 8.2 42.4 2015 6 30 50.6 517.1% EPC 2014 6 30 4.2 1.5 2015 6 30 5.7 35.7% 2015 6 30 EPC 5.6 2014 6 30 5.0 2015 6 30 10.8 (i) 2015 6 30 10.1 (ii) 0.5 O&M O&M 2014 6 30 0.8 2015 6 30 1.7 2014 2015 O&M 2014 6 30 10.5 35.3 2015 6 30 45.8 336.2% 210

2014 6 30 8.1 27.1 2015 6 30 35.2 2014 6 30 4.0 2015 6 30 44.9 2014 6 30 1.7 7.4 2015 6 30 9.1 2014 6 30 3.4 13.8 2015 6 30 17.2 405.9% 2014 6 30 24.7% 2015 6 30 27.3% 2014 6 30 2.3 10.7 2015 6 30 13.0 465.2% 2014 2015 27.4% 25.8% 2015 2014 6 30 1.4 2015 11.9 2014 6 30 35.6% 2015 26.5% EPC 2014 6 30 0.8 2015 1.1 2014 2015 19.7% 20.0% EPC 2015 6 30 5.6 2014 6 30 0.8 2.5 2015 6 30 3.3 211

312.5% 2015 2015 30.4% 2014 15.9% 2014 O&M O&M 2014 6 30 0.4 0.5 2015 6 30 0.9 125.0% 2015 53.1% 2014 53.1% 2014 6 30 1.0 0.3 2015 6 30 1.3 30.0% 0.3 2014 2014 6 30 0.3 0.7 2015 6 30 1.0 233.3% 0.2 0.4 2014 6 30 3.6 5.9 2015 6 30 9.5 163.9% (i) 1.1 (ii) 4.8 2014 6 30 0.5 7.5 2015 6 30 8.0 2014 6 30 0.1 2.0 2015 6 30 2.1 212

2014 6 30 21.4% 2015 6 30 26.0% 25% 15% 2014 6 30 0.4 5.5 1,375.0% 2015 6 30 5.9 2014 6 30 2.9% 2015 6 30 9.3% 2015 2015 6 30 0.6 2014 6 30 0.1 2015 (i) (ii) (iii) 213

6 30 12 31 2013 2014 2015 6,439 10,810 (10,652) (606) (160) (1,153) (20,163) 3,440 13,408 (14,330) 14,090 1,603 17,775 3,446 17,532 1 (4) (27) 3,446 17,532 19,108 O&M 2015 6 30 10.7 8.0 (i) 0.3 0.3 (ii) 16.0 (iii) (a) 17.2 (b) 6.5 (c) 5.1 (d) 3.5 2014 12 31 10.8 26.6 (i) 0.9 0.4 (ii) 46.5 (iii) (a) 214

19.2 (b) 6.8 EPC 2013 12 31 6.4 9.7 (i) 1.2 0.3 (ii) (a) 13.8 (b) 13.4 (iii) 24.1 2015 6 30 1.2 2014 12 31 0.2 2013 12 31 0.6 0.6 2015 6 30 13.4 (i) 15.0 (ii) 1.4 2014 12 31 3.4 (i) 4.1 (ii) 470,000 2013 12 31 20.2 20.0 215

12 31 6 30 9 30 2013 2014 2015 2015 3,844 3,422 6,940 14,603 10,459 6,054 12,536 12,907 24,093 70,558 75,622 59,417 7,806 5,131 66,487 24,698 3,446 17,532 19,108 35,197 49,648 102,697 180,693 146,822 26,398 45,636 61,601 67,341 1,709 290 4,769 11,562 54,955 8,302 1,444 3,004 2,986 2,719 15,000 15,000 34,320 60,492 134,542 93,362 15,328 42,205 46,151 53,460 2013 12 31 15.3 26.9 2014 12 31 42.2 (i) 2014 46.5 (ii) 2014 14.1 (iii) 4.4 (iv) 19.2 6.8 216

2015 6 30 3.9 46.2 (i) 1.6 (ii)2015 6.5 5.1 (iii) 61.4 (iv) 15.0 (v) 16.0 43.4 7.3 2015 9 30 53.5 (i) 7.7 (ii) 16.1 (iii) 46.7 (iv) 41.8 (v) 16.2 (vi) 5.7 EPC 2013 12 31 2014 12 312015 6 30 3.8 3.4 6.9 7.7% 3.3% 3.8% 2013 12 31 2014 12 31 2015 6 30 217

2015 10 31 2015 6 30 87.8% 365 180 2013 2014 12 31 2015 6 30 29.8 14.4 27.3 EPC EPC 12 31 6 30 2013 2014 2015 10,459 6,054 12,536 1,709 290 2014 12 31 EPC 2014 2015 6 30 2014 6.5 107.1% EPC 2015 (i) EPC O&M (ii) 5% 10% 6 12 218

12 31 6 30 2013 2014 2015 24,093 67,808 70,375 2,750 5,247 24,093 70,558 75,622 2013 12 31 24.1 2014 12 31 70.6 2014 12 31 60% 2014 2015 6 30 2014 12 31 5.1 2015 EPC 219

EPC EPC 2014 12 31 2015 6 30 6.1 12.5 18 2015 6 30 34.4 34.4 31.1 2015 2015 10 2015 11 (i) 2.5 2015 (ii) 2013 12 31 2014 0.5 2015 11 (i) 2.4 (ii) 220

(i) (ii) EPC EPC 221

(i) EPC (ii) 12 31 6 30 2013 2014 2015 % % % 1 12,485 51.8 23,163 34.2 31,502 44.8 1 3 6,076 25.2 26,471 39.0 505 0.7 3 1 4,009 16.7 13,436 19.8 32,105 45.6 1 2 775 3.2 2,962 4.4 3,498 5.0 23,345 96.9 66,032 97.4 67,610 96.1 748 3.1 1,776 2.6 2,765 3.9 24,093 100.0 67,808 100.0 70,375 100.0 30 EPC (i) (ii) 30 EPC 12 2014 2014 222

2015 2015 6 30 6 8 4 5 80 400 EPC 12 31 6 30 2013 2014 2015 % % % 18,923 78.5 58,895 86.9 64,861 92.2 1 4,422 18.4 7,137 10.5 1,830 2.6 1 3 439 0.6 3 1 480 0.7 23,345 96.9 66,032 97.4 67,610 96.1 748 3.1 1,776 2.6 2,765 3.9 24,093 100.0 67,808 100.0 70,375 100.0 0.9 2015 6 30 223

O&M 2015 9 2013 2014 12 31 2015 6 30 101.1 141.3 208.7 365 180 2014 2013 2014 2014 EPC EPC 2014 12 31 58.9 EPC 2014 2015 6 30 2014 64.9 2015 6 30 2015 6 2015 44.9 2015 2015 10 31 2015 6 30 31,970,000 45.4% 2016 (i) (ii) (iii) 2015 6 30 224

12 31 6 30 2013 2014 2015 2,264 3,704 21,884 5,542 1,427 1,919 42,684 7,806 5,131 66,487 2013 12 31 7.8 2014 12 31 5.1 (i) 2.9 (ii) 1.5 (iii) 0.7 (iv) 2014 0.6 2015 6 30 2014 12 31 5.1 61.4 2015 6 30 66.5 18.2 (i) EPC 9.5 (ii) 6.2 (iii) 3.5 EPC 2015 4 22.0 19.0 9.5 2015 10 EPC 2016 2 11.0 9.5 225

2015 3 48.2 2015 25.9 2015 6 30 22.3 6.2 18.0 2015 7 16.1 2015 2015 6 2015 6 3.5 13.3 2015 7 4.1 2015 6 30 Oceanic Expert Waterman Global 2015 6 2 54.1 42.7 2015 7 7 (k) 31 2013 12 312015 6 30 1.6 6,000 EPC 2013 12 31 26.4 2014 12 31 45.6 2015 6 30 61.6 2015 2015 10 31 2015 6 30 34.2% 226

2013 2014 12 31 2015 6 30 111.1 152.0 210.6 365 180 2014 2013 (i) 2014 (ii) 2015 6 30 12 31 6 30 2013 2014 2015 1 25,058 20,247 24,808 1 3 258 7,831 7,469 3 1 1,026 11,359 23,354 1 56 6,199 5,970 26,398 45,636 61,601 30 90 2013 12 31 2014 12 31 2015 6 30 0.2% 13.6% 9.7% 2014 12 31 2015 6 30 25% 2015 2013 2014 2014 2015 227

9 12 15% 20% 12 31 6 30 2013 2014 2015 4,305 7,702 7,796 464 3,860 3,959 43,200 4,769 11,562 54,955 2013 2014 12 31 3.4 (i) (ii)2014 2014 12 31 3.4 2014 2015 6 30 2014 12 31 43.4 43.2 2015 7 10 (j) 2015 6 30 2014 228

2013 30.0 2015 6 30 40.0 1 5.6% 6.2% 2013 2014 12 31 2015 6 30 15.0 2016 2 5.9% 2015 9 30 40.0 2015 9 30 15.0 2015 6 30 2015 9 30 25.0 25.0 2015 6 30 6 30 2015 173 3,248 20,425 23,846 2015 9 30 229

2015 6 30 12 31 6 30 2013 2014 2015 145 11 19 37 43 27 415 165 20 1,110 606 233 1,153 2013 12 31 0.6 2014 12 31 0.2 2015 6 30 (i) (ii) (iii) 80,000 11.3 6.6 230

12 31 6 30 9 30 2013 2014 2015 2015 12,930 11,354 45,540 28,447 1,440 331 331 12,930 12,794 45,871 28,778 (a) 12 31 6 30 9 30 2013 2014 2015 2015 819 2,172 2,179 2,175 557 7,386 7,229 7,220 7,201 6,557 6,235 1,376 16,759 15,965 15,630 231

(b) 12 31 6 30 9 30 2013 2014 2015 2015 1 35 20 12 31 6 30 2013 2014 2015 (1) 1.4 1.7 1.3 (2) 1.3 1.6 1.3 (3) (4) (4) 21.7% (5) (6) (6) (6) 2015 12 31 6 30 2013 2014 (7) (%) 23.2% 35.5% 17.0% 10 (8) (%) 11.4% 17.9% 5.7% 10 (9) 60.8 167.3 48.7 232

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) 2015 6 30 2013 1.4 2014 1.7 2015 1.3 2013 1.32014 1.6 2015 1.3 2014 2015 2013 2014 12 31 2015 6 30 21.7% 2013 2014 12 31 2015 6 30 233

2013 12 31 23.2% 2014 12 31 35.5% 2014 2015 6 30 17.0% 2013 12 31 11.4% 2014 12 31 17.9% 2013 12 31 72.4 2014 12 31 127.2 2014 6 30 5.7% 2014 12 31 127.2 2015 6 30 206.4 2013 12 31 60.8 2014 12 31 167.3 2014 12 31 2015 6 30 48.7 2015 6 30 0.96 23.3 (1) 7.0 (2) 16.3 2014 2015 12 31 1.8 6.1 2014 12 31 2015 6 30 8.4 2015 12 31 2015 12 31 234

12 31 2015 6 30 42,684 339 402 145 560 381 173 125 235

2014 12 31 184 4,057 547 994 1,634 202 2013 12 31 1 3 39 34 2013 2014 12 31 2015 6 30 93% 65% 41% 236

EPC 18 16 EPC 34 9 12 15% 20% 40 90 (i) 2013 2014 12 31 2015 6 30 3.4 17.5 19.1 (ii) 237

2013 2014 12 31 2015 6 30 2015 6 30 2015 3 25 2015 6 30 238

2015 6 30 2015 6 30 2015 6 30 (1) (2) (3) (4) 0.96 87,799 56,600 144,399 0.48 (1) 2015 6 30 2015 6 30 69,239,000 87,799,000 2015 6 30 1.00 0.78861 (2) 0.96 75,000,000 2015 6 30 7.9 (3) 2015 6 30 239

(4) 300,000,000 2015 6 30 2015 6 30 2015 6 30 2015 8 31 32.0 2015 6 30 2015 8 31 2015 6 30 (1) 20,425 2015 8 31 2015 8 31 20,425 2015 8 31 (1) 20,425 240

1. 4,695 7,355.82 2015 6 30 2015 8 31 32.0 2015 8 31 17 17.15 17.21 241

2017 12 31 2017 12 31 2015 12 31 0.1 0.2 EPC EPC 12.0 242

2016 6 30 0.5 0.2 0.6 5.6 0.5 EPC EPC 5.6 243

2016 12 31 10.5 0.2 0.3 0.6 1.9 0.5 EPC 244

2017 6 30 0.4 0.5 0.4 0.6 2.7 0.5 EPC 245

2017 12 31 0.3 0.5 0.5 0.6 1.9 0.5 EPC 246

2017 12 31 247

0.96 23.3 48.7 (a) 29.6%14.4 (b) 5.3% 2.6 (c) 24.9%12.1 (d) 4.1% 2.0 (e) 36.1%17.6 EPC 248

2017 12 31 2015 12 31 2016 6 30 2016 2017 2017 12 31 6 30 12 31 0.1 0.7 11.0 1.3 1.3 14.4 0.2 0.6 0.6 0.6 0.6 2.6 5.6 1.9 2.7 1.9 12.1 0.5 0.5 0.5 0.5 2.0 EPC 12.0 5.6 17.6 12.3 13.0 14.0 5.1 4.3 48.7 48.7 249

30 2015 12 9 (a) (i) (ii) 250

(iii) (iv) (1) (2) (v) (vi) (b) (i) (ii) (iii) (iv) 251

(v) (vi) (vii) (viii) (ix) (x) (xi) (xii) (xiii) (xiv) (xv) (xvi) (xvii) 252

(xviii) (i) (ii) (iii) (iv) (a) (b) (c) (d) 253

2.5% 4.0 0.96 23.3 6A.07 254

(a) (b) 255

13.16A (a) 6 155 (b) (a) 6 (a) 155 (b) (a) (c) 13.18(1) 13.18(4) (a) (b) 17.43(1) (4) 256

(d) (c) (a) (i) (a) (b) (i) (ii) (iii) (i) (ii) (iv) (i) (ii) (iii) (c) 257

(d) (i)(b) (c) (ii) (A) (i) 13.18(1) 13.18(4) 17.43(1) (4) (B) (A) 258

(b) (i) 17.29 (ii) (iii) (iv) (v) 17.43 259

1% 0.0027% 0.005% (a) (b) www.hkexnews.hk www.greatwater.com.cn 75,000,000 25% 75,000,000 260

11.23(8) 50% 10.12(4) 16.08 16.16 2015 12 9 4,000 8196 261

1.0% 0.0027% 0.005% 0.96 4,000 3,878.69 2015 12 8 www.hkexnews.hk www.greatwater.com.cn 262

2013 2014 12 31 2015 6 30 2013 2014 12 31 2015 6 30 2015 6 30 2014 6 30 II 2.1 2015 11 30 2015 3 25 II 2.1 2015 7 10 II 1 12 31 II 1 I-1

2013 2014 12 31 2015 6 30 3.340 2410 II 2.1 2013 2014 12 31 2015 6 30 2015 6 30 I-2

I. 12 31 6 30 2013 2014 2014 2015 5 62,816 122,222 13,956 63,051 (47,093) (86,495) (10,511) (45,828) 15,723 35,727 3,445 17,223 5 2,076 2,449 989 1,330 (816) (989) (335) (954) (7,074) (10,316) (3,580) (9,472) (1) (104) 7 (163) (160) (5) (167) 6 9,745 26,607 514 7,960 10 (1,528) (3,895) (110) (2,068) 8,217 22,712 404 5,892 I-3

12 31 6 30 2013 2014 2014 2015 1 (4) (3) (13) 1 (4) (3) (13) 2,298 2,183 2,183 (574) (546) (546) 1,724 1,637 1,637 1,725 1,633 1,634 (13) 9,942 24,345 2,038 5,879 I-4

12 31 2015 2013 2014 6 30 12 6,091 4,252 5,071 13 16,265 20,106 20,425 14 357 183 173 22,713 24,541 25,669 16 3,844 3,422 6,940 17 10,459 6,054 12,536 18 24,093 70,558 75,622 19 7,806 5,131 66,487 20 3,446 17,532 19,108 49,648 102,697 180,693 21 26,398 45,636 61,601 17 1,709 290 22 4,769 11,562 54,955 23 15,000 1,444 3,004 2,986 34,320 60,492 134,542 15,328 42,205 46,151 38,041 66,746 71,820 24 2,566 2,856 2,581 2,566 2,856 2,581 35,475 63,890 69,239 25 1,776 26 35,475 63,890 67,463 35,475 63,890 69,239 I-5

^ # 25 2013 1 1 30,100 5,773 (10,340) 25,533 8,217 8,217 1,724 1,724 1 1 1,724 1 8,217 9,942 2013 12 31 2014 1 1 * 30,100* 7,497* * 1* (2,123)* 35,475 ^ # 25 2014 1 1 30,100 7,497 1 (2,123) 35,475 22,712 22,712 1,637 1,637 (4) (4) 1,637 (4) 22,712 24,345 4,070 4,070 2,063 (2,063) 2014 12 31 2015 1 1 * 34,170* 9,134* 2,063* (3)* 18,526* 63,890 I-6

^ # 25 2015 1 1 34,170 9,134 2,063 (3) 18,526 63,890 5,892 5,892 (13) (13) (13) 5,892 5,879 1,776 45,694 47,470 (48,000) (48,000) 563 (563) 2015 6 30 1,776 45,694* (13,830)* 9,134* 2,626* (16)* 23,855* 69,239 ^ # 25 2014 1 1 30,100 7,497 1 (2,123) 35,475 404 404 1,637 1,637 (3) (3) 1,637 (3) 404 2,038 2014 6 30 30,100 9,134 (2) (1,719) 37,513 * 2013 2014 12 31 2015 6 30 35,475,000 63,890,000 67,463,000 ^ # 50% 25% I-7

12 31 6 30 2013 2014 2014 2015 9,745 26,607 514 7,960 7 163 160 5 167 5 (64) (44) (19) (35) 12 1,182 879 485 334 13 (316) (384) (319) 14 33 25 12 12 10,743 27,243 997 8,119 (3,844) 422 (6,295) (3,518) (13,772) 4,405 2,794 (6,482) (13,381) (46,465) (5,378) (5,064) (669) 3,140 (9,602) (17,227) 24,142 19,238 5,535 15,965 1,709 (1,419) (1,709) (290) 1,779 6,793 15,964 171 6,707 13,357 2,306 (8,326) 64 44 19 35 (332) (2,591) (1,495) (2,361) 6,439 10,810 830 (10,652) I-8

12 31 6 30 2013 2014 2014 2015 (606) (233) (36) (1,153) 73 (606) (160) (36) (1,153) 4,716 4,716 15,000 (20,000) (4,716) (163) (160) (5) (145) 4,070 (470) (1,447) (20,163) 3,440 4,711 13,408 (14,330) 14,090 5,505 1,603 17,775 3,446 3,446 17,532 1 (4) (3) (27) 3,446 17,532 8,948 19,108 20 3,446 17,532 8,948 19,108 3,446 17,532 8,948 19,108 I-9

3 3 3 3 3 3 3 3 3 3 2015 6 30 15 47,415 47,415 19 42,684 42,684 22 42,684 42,684 47,415 25 1,776 26 45,639 47,415 I-10

II. 1. 2015 3 25 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands 1 50 2015 7 10 20,000,000 2,000,000,000 0.01 3 0.01 2015 3 25 224,999,997 0.01 2015 6 2 1 ^1 ^^1 ^^*2 Trung Khoa Kien Vu Environmental Protection (Vietnam) Company Limited 3 Great Water Vietnam 2015 3 10 2015 4 28 2015 5 7 2001 8 2 2013 8 22 60,125,001 100 48,000,000 100 48,000,000 100 33,333,300 100 180,000 100 I-11

^ ^^ 2012 12 1 2 2013 12 31 2014 12 31 3 2013 12 31 VACO Auditing Company Limited 2014 12 31 Ernst & Young Vietnam Limited 2.1 2015 7 10 2013 2014 12 31 2015 6 30 2.2 2015 1 1 I-12

2.3 9 4 10 28 2011 10 12 28 2011 2 2 11 2 14 5 15 3 1 2 16 38 2 16 41 2 19 1 27 2011 2 2010 2012 1 2011 2013 1 2012 2014 2 1 2014 7 1 2 2016 1 1 3 2017 1 1 4 2018 1 1 5 2016 1 1 2.4 (a) (b) (c) I-13

5 (i) (ii) (iii) (i) (ii) (iii) I-14

1 2 3 (a) (i) (ii) (iii) I-15

(b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) 1.9% 20% 19% 19% 19% 19% I-16

I-17

(a) (b) I-18

I-19

I-20

I-21

(a) (b) (c) (d) (e) (f) I-22

I-23

3. I-24

4. (a) EPC (b) EPC (c) (d) I-26

2013 12 31 EPC 42,147 2,807 16,666 1,196 62,816 10,115 460 4,439 709 15,723 64 2,012 (7,891) (163) 9,745 24,301 1,457 14,156 559 40,473 31,888 72,361 12,740 2,170 13,661 28,571 8,315 36,886 1,215 * 606 * I-27

2014 12 31 EPC 25,624 722 87,332 8,544 122,222 2,993 130 25,196 7,408 35,727 44 2,405 (11,409) (160) 26,607 23,254 2,608 49,026 7,054 81,942 45,296 127,238 11,568 510 37,444 222 49,744 13,604 63,348 904 * 233 * I-28

2015 6 30 EPC 5,655 10,734 44,941 1,721 63,051 1,132 3,266 11,911 914 17,223 35 1,295 (10,426) (167) 7,960 32,858 6,792 73,385 1,693 114,728 91,634 206,362 7,967 4,069 53,076 426 65,538 71,585 137,123 334 * 1,153 * I-29

2014 6 30 EPC 4,206 73 8,923 754 13,956 828 12 2,205 400 3,445 19 970 (3,915) (5) 514 24,967 1,529 25,579 735 52,810 45,256 98,066 16,571 26,486 395 43,452 17,101 60,553 485 * 36 * I-30

(a) 12 31 6 30 2013 2014 2014 2015 62,816 111,507 13,956 59,620 10,715 3,431 62,816 122,222 13,956 63,051 (b) 12 31 2013 2014 2015 6 30 22,713 24,530 25,663 11 6 22,713 24,541 25,669 2014 6 30 10% 12 31 6 30 2013 2014 2014 2015 A 22,876 19,686 4,993 25,926 B 19,256 19,286 3,999 14,786 C 11,419 16,911 2,568 10,065 D 7,482 15,778 1,432 I-31

5. 12 31 6 30 2013 2014 2014 2015 44,954 26,346 4,279 16,389 16,666 87,332 8,923 44,941 1,196 8,544 754 1,721 62,816 122,222 13,956 63,051 64 44 19 35 1,132 1,863 970 946 * 564 147 30 11 1,760 2,065 989 1,011 13 316 384 319 2,076 2,449 989 1,330 * I-32

6. 12 31 6 30 2013 2014 2014 2015 12,196 61,632 6,714 33,030 34,270 23,749 3,432 11,948 627 1,114 365 850 12 1,182 879 485 334 14 33 25 12 12 22 255 8 906 8 2,964 3,787 1,429 2,566 # 229 266 105 191 509 801 316 663 3,702 4,854 1,850 3,420 (30) 13 (316) (384) (319) (1,255) (2,071) (1,086) (1,164) 123 208 116 218 (1,132) (1,863) (970) (946) * 5 (64) (44) (19) (35) * 73 * # I-33

7. 12 31 6 30 2013 2014 2014 2015 163 160 5 167 8. 2013 2014 12 31 2014 6 30 2015 3 25 2015 5 27 2015 5 27 2015 11 24 2015 5 27 2015 5 27 2013 12 31 254 11 265 146 10 156 400 21 421 2014 12 31 279 22 301 165 14 179 444 36 480 I-34

2015 6 30 126 13 139 92 10 102 218 23 241 2014 6 30 136 7 143 67 5 72 203 12 215 9. 20132014 12 31 20142015 6 30 8 2013 2014 12 31 2014 2015 6 30 12 31 6 30 2013 2014 2014 2015 556 649 292 451 40 52 22 23 596 701 314 474 I-35

12 31 6 30 2013 2014 2014 2015 1,000,000 3 3 3 3 10. 2015 6 30 16.5% 25% 2013 2014 12 31 15% 22% 12 31 6 30 2013 2014 2014 2015 1,498 4,151 51 2,343 24 30 (256) 59 (275) 1,528 3,895 110 2,068 I-36

2013 12 31 % % % 9,780 (35) 9,745 2,445 25.0 (8) 22.0 2,437 25.0 (978) (10.0) (978) (10.0) 29 0.3 29 0.3 32 0.3 32 0.3 8 (22.0) 8 0.1 1,528 15.6 1,528 15.7 2014 12 31 % % % 26,611 (4) 26,607 6,653 25.0 (1) 22.0 6,652 25.0 (2,661) (10.0) (2,661) (10.0) (68) (0.3) (68) (0.3) 46 0.2 46 0.2 (75) (0.3) (75) (0.3) 1 (22.0) 1 3,895 14.6 3,895 14.6 I-37

2015 6 30 % % % % (217) 7,563 614 7,960 (36) 16.5 1,891 25.0 135 22.0 1,990 25.0 48 0.7 48 0.6 (8) (1.3) (8) (0.1) 36 (16.5) 2 38 0.5 1,941 25.7 127 20.7 2,068 26.0 2014 6 30 % % % 617 (103) 514 154 25.0 (23) 22.0 131 25.5 (62) (10.0) (62) (12.1) 18 2.8 18 3.5 23 (22.0) 23 4.5 110 17.8 110 21.4 11. I-38

12. 2013 12 31 2013 1 1 5,900 1,080 509 1,660 727 1,339 11,215 (232) (540) (261) (1,118) (339) (778) (3,268) 5,668 540 248 542 388 561 7,947 2013 1 1 5,668 540 248 542 388 561 7,947 145 19 27 415 606 13 (1,280) (1,280) (107) (216) (89) (379) (137) (254) (1,182) 2013 12 31 4,426 324 178 163 278 722 6,091 2013 12 31 4,746 1,080 528 1,660 754 1,754 10,522 (320) (756) (350) (1,497) (476) (1,032) (4,431) 4,426 324 178 163 278 722 6,091 I-39

2014 12 31 2014 1 1 4,746 1,080 528 1,660 754 1,754 10,522 (320) (756) (350) (1,497) (476) (1,032) (4,431) 4,426 324 178 163 278 722 6,091 2014 1 1 4,426 324 178 163 278 722 6,091 11 37 165 20 233 13 (1,120) (1,120) (73) (73) (24) (216) (99) (42) (145) (353) (879) 2014 12 31 3,282 119 116 48 133 534 20 4,252 2014 12 31 3,624 1,091 565 197 754 1,919 20 8,170 (342) (972) (449) (149) (621) (1,385) (3,918) 3,282 119 116 48 133 534 20 4,252 I-40

2015 6 30 2015 1 1 3,624 1,091 565 197 754 1,919 20 8,170 (342) (972) (449) (149) (621) (1,385) (3,918) 3,282 119 116 48 133 534 20 4,252 2015 1 1 3,282 119 116 48 133 534 20 4,252 43 1,110 1,153 (34) (113) (35) (19) (46) (87) (334) 2015 6 30 3,248 6 124 29 87 447 1,130 5,071 2015 6 30 3,624 1,091 608 197 754 1,919 1,130 9,323 (376) (1,085) (484) (168) (667) (1,472) (4,252) 3,248 6 124 29 87 447 1,130 5,071 2013 2014 12 31 2015 6 30 27 13. 12 31 2013 2014 2015 6 30 1 1 12,201 16,265 20,106 12 1,280 1,120 14 170 154 2,298 2,183 316 384 319 12 31 6 30 16,265 20,106 20,425 I-41

2013 2014 12 31 2015 6 30 16,265,000 20,106,000 20,425,000 2013 2014 12 31 2015 6 30 16,265,000 20,106,000 20,425,000 28 2013 2014 12 31 2015 6 30 27 2013 12 31 16,265 16,265 2014 12 31 20,106 20,106 I-42

2015 6 30 20,425 20,425 12 31 2013 2014 2015 6 30 1 1 12,201 16,265 20,106 12 1,280 1,120 14 170 154 2,298 2,183 316 384 319 12 31 6 30 16,265 20,106 20,425 2013 12 31 16,265,000 2014 12 31 20,106,000 I-43

2015 6 30 20,425,000 14. 12 31 2013 2014 2015 6 30 1 1 569 366 187 13 (170) (154) (33) (25) (12) 12 31 6 30 366 187 175 (9) (4) (2) 357 183 173 2013 2014 12 31 2015 6 30 27 I-44

15. 2015 6 30 47,415 1 16. 12 31 2013 2014 2015 6 30 3,844 3,422 6,940 17. 12 31 2013 2014 2015 6 30 10,459 6,054 12,536 (1,709) (290) 8,750 5,764 12,536 35,532 51,889 78,852 (26,782) (46,125) (66,316) 8,750 5,764 12,536 18. 12 31 2013 2014 2015 6 30 24,093 67,808 70,375 2,750 5,247 24,093 70,558 75,622 I-45

30 12 31 2013 2014 2015 6 30 12,485 23,163 31,502 6,076 26,471 505 4,009 13,436 32,105 775 2,962 3,498 23,345 66,032 67,610 748 1,776 2,765 24,093 67,808 70,375 12 31 2013 2014 2015 6 30 778 3,623 34,444 23,315 66,935 40,276 189 393 320 24,093 70,558 75,622 I-46