3360
4 8 77 5 57 11 93 6 71 13
97 100 109 97 106 101 225 99 108 103
2014 1 4701 88 35 1 4706 www.fehorizon.com 3360
+ 20 2011330 4 5
2014 110028% 22.9620%220%
6 7
2014 20141231110728% 22.9620% 0.91%218.7%
2014 2014 8 9
2014 2014 1000 201418% 201462 2014
10,060,717 7,868,382 6,486,395 4,716,436 2,198,610 6,457,748 5,170,398 4,333,589 3,063,074 1,199,558 2,709,366 2,245,431 1,525,721 1,099,792 805,494 1,009,959 573,800 797,111 686,101 260,853 (116,356) (121,247) (170,026) (132,531) (67,295) (4,106,547) (2,890,185) (2,908,365) (2,214,078) (792,688) (3,422,599) (2,464,876) (2,208,405) (1,615,495) (589,526) (683,948) (425,309) (699,960) (598,583) (203,162) 3,211,200 2,600,741 2,076,020 1,478,809 896,691 2,295,954 1,912,744 1,518,577 1,107,630 697,759 0.70 0.58 0.48 0.42 0.37 0.70 0.58 0.48 0.42 0.37 (1) 2.37% 2.61% 2.82% 3.06% 3.52% (2) 15.19% 14.18% 13.72% 17.32% 25.97% (3) 3.30% 3.91% 4.27% 4.39% 3.27% (4) 2.01% 2.76% 3.02% 2.92% 1.71% (%) (5) 44.63% 44.03% 40.71% 41.74% 54.68% (6) 38.06% 37.86% 33.98% 32.56% 31.31% 10 11
2014 110,726,124 86,512,872 60,570,275 47,097,345 25,326,291 100,828,572 80,745,756 57,587,210 41,810,998 24,770,885 93,276,231 72,348,002 47,714,829 37,795,575 21,833,929 71,777,837 56,554,478 36,751,959 29,649,439 17,019,935 17,449,893 14,164,870 12,855,446 9,301,770 3,492,362 16,112,952 14,125,342 12,844,482 9,297,751 3,489,580 4.89 4.30 3.90 3.27 1.83 104,545,229 83,085,680 59,706,865 46,756,799 25,186,188 90,313,636 70,255,960 46,816,315 37,252,124 21,567,650 (7) 0.91% 0.80% 0.73% 0.60% 0.97% (8) 218.66% 219.19% 213.87% 218.38% 120.18% (9) 19.02% 2.47% 0.00% 0.00% 0.14% 30 (10) 0.91% 0.45% 0.30% 0.08% 0.14% (1) = (2) = (3) = (4) = (5) = ++ (6) =+ (7) = (8) = (9) = (10) 30= 30
1. 1.1 (GDP)7.4% 15.3%13.5%5% 33.25%8.3% (M2) 122.8412.2%16122.86 14.3% 4% 1.2 8.3% 3.3% 8.1% 7.3%4.1% 48.2% 50%2.6 12 13
2014 1.3 20001000100%3.2 1.4 +
1.5 14 15
2014 2. 2.1 3,211,20023.47%2,295,954 20.03% % 10,060,717 7,868,382 27.86% (4,106,547) (2,890,185) 42.09% 5,954,170 4,978,197 19.60% 523,689 318,178 64.59% (1,356,023) (1,124,955) 20.54% (1,659,885) (1,294,330) 28.24% (249,400) (282,972) -11.86% (14,667) (1,270) 1054.80% (195) 13,511 7,893 71.18% 3,211,200 2,600,741 23.47% (869,026) (684,668) 26.93% 2,342,174 1,916,073 22.24% 2,295,954 1,912,744 20.03% 36,036 10,184 3,329 205.92%
2.2 10,060,7177,868,38227.86% 9,167,11490.08% 23.62%76.01% 7.18%9.92% 174,47952,685231.17% 16 17
2014 % % % 9,167,114 90.08% 7,415,829 92.82% 23.62% 6,457,748 63.45% 5,170,398 64.72% 24.90% 2,709,366 26.63% 2,245,431 28.10% 20.66% 1,009,959 9.92% 573,800 7.18% 76.01% 10,177,073 7,989,629 27.38% (116,356) (121,247) -4.03% 10,060,717 7,868,382 27.86%
% % % 2,344,946 23.04% 1,665,246 20.84% 40.82% 1,398,583 13.74% 1,212,328 15.17% 15.36% 1,996,457 19.62% 1,417,355 17.74% 40.86% 1,247,585 12.26% 951,670 11.91% 31.09% 1,220,990 12.00% 1,167,470 14.61% 4.58% 811,959 7.98% 611,809 7.66% 32.71% 261,069 2.56% 207,442 2.60% 25.85% 514,107 5.05% 413,873 5.18% 24.22% 381,377 3.75% 342,436 4.29% 11.37% 10,177,073 100.00% 7,989,629 100.00% 27.38% 2.2.1 5,170,398 24.90%6,457,748 63.45% 24.90% 69,183,65833.01%92,021,658 7.47% 7.02% 18 19
2014 (1) (2) (3) (1) (2) (3) % % 21,111,975 1,464,101 6.93% 15,027,830 1,103,474 7.34% 14,094,616 981,635 6.96% 11,333,874 820,868 7.24% 14,897,292 1,012,044 6.79% 10,727,765 766,204 7.14% 9,832,955 729,754 7.42% 7,902,930 563,049 7.12% 11,881,056 834,022 7.02% 9,855,061 759,174 7.70% 8,375,328 576,208 6.88% 5,440,579 423,690 7.79% 2,683,019 164,116 6.12% 1,691,174 121,275 7.17% 5,140,219 371,283 7.22% 3,697,827 309,526 8.37% 4,005,198 324,585 8.10% 3,506,618 303,138 8.64% 92,021,658 6,457,748 7.02% 69,183,658 5,170,398 7.47% (1) (2) (3) (4)
63.55% 7.02%7.47%0.45 (i) 30.04% 58.26%60.67%(ii) 46.66%42.54%4.12(iii) 17% 0.10(iv) 15 40 20 21
2014 2.2.2 2,245,43120.66%2,709,366 26.63%28.10% % % % 679,200 25.07% 497,794 22.17% 36.44% 414,344 15.33% 391,460 17.43% 6.10% 558,599 20.62% 415,499 18.50% 34.44% 199,155 7.35% 197,413 8.79% 0.88% 344,749 12.72% 360,613 16.06% -4.40% 217,290 8.02% 183,136 8.16% 18.65% 96,953 3.58% 85,235 3.80% 13.75% 141,829 5.23% 74,983 3.34% 89.15% 56,247 2.08% 39,298 1.75% 43.13% 2,709,366 100.00% 2,245,431 100.00% 20.66% 91.72% (i) (ii)
2.2.3 573,80076.01%1,009,959 9.92%7.18%2.74 % % % 1,009,959 100.00% 573,800 100.00% 76.01% 390,090 38.62% 176,854 30.82% 120.57% 322,538 31.94% 191,198 33.32% 68.69% 135,931 13.46% 171,040 29.81% -20.53% 85,639 8.48% 26,166 4.56% 227.29% 60,458 5.99% 390,090 213,236120.57% 322,538131,34068.69% 135,93135,10920.53% 85,63959,473 227.29% 60,458 22 23
2014 2.3 4,106,5472,890,18542.09% 3,422,599 83.34%683,94816.66% % % % 3,422,599 83.34% 2,464,876 85.28% 38.85% 683,948 16.66% 425,309 14.72% 60.81% 4,106,547 100.00% 2,890,185 100.00% 42.09% 2.3.1 (1) (2) (1) (2) % % 68,341,364 3,422,599 5.01% 52,370,473 2,464,876 4.71% (1) (2)
2,464,87638.85% 3,422,5995.01%4.71% (i) 18.5% (ii) (iii) 0.13 2.3.2 % % % 683,948 100.00% 425,309 100.00% 60.81% 176,591 25.82% 79,170 18.61% 123.05% 282,360 41.28% 158,502 37.27% 78.14% 130,520 19.08% 161,371 37.94% -19.12% 56,299 8.23% 23,996 5.64% 134.62% 32,144 4.70% 24 25
2014 79,170123.05% 176,591 158,50278.14%282,360 161,371 19.12%130,520 23,996134.62%56,299 32,144 2.4 5,954,1704,978,197975,973 19.60%59.18%63.27% 2.4.1 62.66%66.76% % (1) 6,457,748 5,170,398 24.90% (2) 3,422,599 2,464,876 38.85% 3,035,149 2,705,522 12.18% (3) 2.01% 2.76% -27.17% (4) 3.30% 3.91% -15.60% (1) (2) (3) (4)
2.01%2.76%0.75 4530 2.2.12.3.1 2,705,52212.18%3,035,149 33.01%3.30% 3.91% 2.4.2 % % % 326,011 32.28% 148,491 25.88% 6.40% 213,499 54.73% 97,684 55.23% -0.50% 40,178 12.46% 32,696 17.10% -4.64% 5,411 3.98% 9,669 5.65% -1.67% 29,340 34.26% 2,170 8.29% 25.97% 28,314 46.83% 148,491119.55%326,011 97,684 213,49932,696 40,1789,6695,411 2,17029,340 28,314 26 27
2014 2.5 % 51,981 34,675 49.91% (1) 85,483 39,719 115.22% 157,522-100.00% 7,798 4,989 56.30% 326,187 77,636 320.15% 20,772 31,468 3,637 765.22% 523,689 318,178 64.59% (1) 523,68964.59% (2012)5 88,977157,522 0.92% 0.56%0.36% 38% 82%
2.6 1,356,023231,068 20.54%1,5031,866 21.71% 21.48% 2.7 1,659,885365,555 28.24%(i) 750,009215,39340.29% (ii)96,749 14,17217.16%(iii) 28.11%3,2505,016 2.7.1 750,009534,616 215,39340.29% 24.87% 2.7.2 38.06%37.86% 2.8 249,40033,572 148,305(2013)37 88,97764,436 2.5 2.9 869,026184,358 26.93% 27.06%26.33% 2.10 2,295,954383,210 20.03%23.28%24.35% 28 29
2014 3. 3.1 110,726,12424,213,252 27.99%99,441,42919,754,409 24.79% 3,317,850 24.10% 953,805 % % % 99,441,429 89.81% 79,687,020 92.12% 24.79% 3,317,850 3.00% 2,673,476 3.09% 24.10% 953,805 0.86% 463,129 0.54% 105.95% 2,248,499 2.03% 949,681 1.10% 136.76% 904,331 0.82% 583,953 0.67% 54.86% 1,733,169 1.57% 964,053 1.11% 79.78% 987,878 0.89% 973,847 1.13% 1.44% 80,985 0.07% 94,154 0.08% 80,643 0.09% 16.75% 394,253 0.36% 290,277 0.26% 968 0.00% 29887.29% 78,708 0.07% 27,461 0.03% 186.62% 82,339 0.07% 53,951 0.06% 52.62% 64,164 0.06% 54,283 0.05% 54,690 0.06% -0.74% 110,726,124 100.00% 86,512,872 100.00% 27.99%
3.2 89.81% % % % 108,061,474 88,630,514 (11,002,267) (10,043,367) 97,059,207 95.66% 78,587,147 96.89% 23.51% (1) 3,769,365 3.71% 2,158,609 2.66% 74.62% 100,828,572 99.37% 80,745,756 99.55% 24.87% (2) 636,463 0.63% 364,180 0.45% 74.77% 101,465,035 100.00% 81,109,936 100.00% 25.10% (2,023,606) (1,422,916) 42.82% 99,441,429 79,687,020 24.79% (1) (2) 101,465,035 81,109,93625.10% 95.66% 30 31
2014 3.2.1 100,828,572 80,745,75624.87% 3.2.2 (1) % % % 23,507,871 23.31% 17,754,823 21.99% 32.40% 15,466,615 15.34% 12,455,594 15.43% 24.17% 16,647,106 16.51% 12,305,661 15.24% 35.28% 9,886,786 9.81% 9,186,527 11.38% 7.62% 11,837,094 11.74% 11,675,559 14.46% 1.38% 10,021,061 9.94% 6,851,733 8.49% 46.26% 3,190,946 3.16% 2,250,497 2.79% 41.79% 5,868,285 5.82% 4,490,853 5.56% 30.67% 4,402,808 4.37% 3,774,509 4.66% 16.65% 100,828,572 100.00% 80,745,756 100.00% 24.87% 5,753,0484,341,445 3,011,0213,169,328
3.2.3 % % % 1 55,185,382 54.73% 47,299,860 58.58% 16.67% 1-2 29,932,332 29.69% 20,304,845 25.15% 47.41% 2-3 10,080,236 10.00% 9,345,441 11.57% 7.86% 3 5,630,622 5.58% 3,795,610 4.70% 48.35% 100,828,572 100.00% 80,745,756 100.00% 24.87% 54.73% 3.2.4 % % % 1 39,513,571 39.19% 31,303,641 38.77% 26.23% 1-2 30,248,447 30.00% 23,016,610 28.50% 31.42% 2-3 17,857,336 17.71% 15,325,805 18.98% 16.52% 3 13,209,218 13.10% 11,099,700 13.75% 19.01% 100,828,572 100.00% 80,745,756 100.00% 24.87% 39.19% 32 33
2014 3.2.5 3.2.5.1 30
AB AB 4 34 35
2014
% % % % 86,066,609 85.36% 68,819,144 85.23% 48,334,185 83.94% 34,705,439 83.01% 13,841,631 13.73% 11,280,176 13.97% 8,832,505 15.34% 6,856,261 16.40% 597,030 0.59% 259,905 0.32% 252,665 0.44% 190,606 0.46% 323,302 0.32% 386,531 0.48% 167,421 0.28% 55,686 0.12% 434 0.00% 3,006 0.01% 100,828,572 100.00% 80,745,756 100.00% 57,587,210 100.00% 41,810,998 100.00% 920,332 646,436 420,520 249,298 0.91% 0.80% 0.73% 0.60% 13.73% 23.14% 15.63% 14.47% 12.11% 36 37
2014 % % % % 2,163,851 15.63% 1,319,246 11.70% 641,070 7.26% 403,832 5.89% 1,092,498 7.89% 893,569 7.91% 1,591,140 18.00% 1,089,993 15.90% 1,208,022 8.73% 993,563 8.81% 765,693 8.67% 1,323,122 19.30% 3,203,122 23.14% 3,005,841 26.65% 1,462,367 16.56% 761,518 11.11% 2,002,526 14.47% 1,230,813 10.91% 1,217,311 13.78% 337,457 4.92% 1,676,805 12.11% 997,917 8.85% 648,344 7.34% 509,538 7.43% 220,133 1.59% 78,540 0.70% 169,256 1.91% 27,911 0.41% 1,043,528 7.54% 1,069,806 9.48% 604,410 6.85% 290,159 4.23% 1,231,146 8.90% 1,690,881 14.99% 1,732,914 19.63% 2,112,731 30.81% 13,841,631 100.00% 11,280,176 100.00% 8,832,505 100.00% 6,856,261 100.00% 8.59% 15.55% 20.88% 16.41% 51.83% 40.77% 49.63% 49.24% 2.16% 0.22% 1.22% 1.26% 0.07% 0.39% 0.17% 0.44% 37.35% 43.07% 28.10% 32.65% 100.00% 100.00% 100.00% 100.00%
0.80%0.91%122,924 19.02% 51.94% 20.00% 13.13% 11.06% 38 39
2014 % % % % 8,116 0.88% 5,921 0.91% 16,307 3.88% 9,868 3.97% 3,557 0.39% 8,071 1.25% 16,736 3.98% 19,126 7.67% 101,783 11.06% 88,931 13.76% 80,821 19.22% 61,515 24.67% 478,051 51.94% 212,565 32.88% 124,686 29.65% 94,217 37.79% 184,098 20.00% 198,641 30.73% 83,287 19.81% 46,282 18.56% 120,802 13.13% 81,259 12.57% 56,448 13.41% 18,290 7.34% 9,048 0.98% 19,788 3.06% 5,923 1.41% 14,877 1.62% 31,260 4.84% 36,312 8.64% 920,332 100.00% 646,436 100.00% 420,520 100.00% 249,298 100.00% % % % % 3,403 0.57% 2,828 1.12% 9,868 5.18% 1,779 0.30% 5,349 2.12% 8,573 4.50% 56,582 9.48% 22,086 8.50% 22,556 8.93% 53,568 28.10% 302,711 50.70% 108,819 41.87% 118,061 46.73% 94,217 49.44% 119,926 20.09% 100,492 38.66% 47,117 18.65% 18,918 9.92% 104,415 17.49% 21,855 8.41% 34,748 13.75% 5,462 2.86% 4,909 0.82% 3,949 1.52% 3,305 0.55% 2,704 1.04% 22,006 8.70% 597,030 100.00% 259,905 100.00% 252,665 100.00% 190,606 100.00%
% % % % 4,713 1.46% 5,921 1.53% 13,479 8.05% 1,778 0.55% 8,071 2.09% 11,387 6.80% 10,553 18.95% 45,201 13.98% 66,845 17.29% 58,265 34.80% 7,947 14.27% 175,340 54.23% 103,746 26.84% 6,625 3.97% 64,172 19.85% 98,149 25.39% 35,736 21.34% 24,358 43.74% 16,387 5.07% 59,404 15.37% 21,700 12.96% 12,828 23.04% 4,139 1.28% 15,839 4.10% 5,923 3.54% 11,572 3.58% 28,556 7.39% 14,306 8.54% 323,302 100.00% 386,531 100.00% 167,421 100.00% 55,686 100.00% % % % % 434 100.00% 3,006 100.00% 434 100.00% 3,006 100.00% 40 41
2014 646,436 420,520 249,298 (1) 699,657 469,784 361,853 (32,440) (74,095) (2,638) (270,397) (159,384) (187,993) (122,924) (10,389) 920,332 646,436 420,520 0.91% 0.80% 0.73% (1) 3.2.5.2 % % % % 407,940 20.27% 312,024 22.02% 189,891 21.11% 75,844 13.93% 1,604,453 79.73% 1,104,872 77.98% 709,470 78.89% 468,573 86.07% 2,012,393 100.00% 1,416,896 100.00% 899,361 100.00% 544,417 100.00% 920,332 646,436 420,520 249,298 218.66% 219.19% 213.87% 218.38% 218.66%
3.2.5.3 122,924 10,389 646,436 420,520 249,298 240,629 (1) 19.02% 2.47% (1) 122,924 70,39520,558 13,4417,4216,793 4,316 42 43
2014 3.2.5.4 30 30 30 0.91% 0.45% 0.30% 0.08% 30 0.91%0.45%0.46 30 % % 2,982 0.32% 7,515 2.08% 3,557 0.39% 6,885 1.90% 89,104 9.68% 57,774 15.99% 423,483 46.00% 104,337 28.88% 359,588 39.06% 108,408 30.00% 30,332 3.29% 52,238 14.46% 6,152 1.70% 11,572 1.26% 18,023 4.99% 920,618 100.00% 361,332 100.00% 3060.09%39.91%
30 % % 423,128 45.96% 2,167 0.60% 197,562 21.46% 86,911 24.05% 299,928 32.58% 272,254 75.35% 920,618 100.00% 361,332 100.00% 3.3 394,253 290,277968 289,309 64,164 44 45
2014 3.4 93,276,23120,928,229 28.93%76.95% % % % 71,777,837 76.95% 56,554,478 78.17% 26.92% 16,511,583 17.70% 12,495,590 17.27% 32.14% 3,489,071 3.74% 2,299,346 3.18% 51.74% 840,356 0.90% 603,297 0.83% 39.29% 223,947 0.24% 66,818 0.09% 235.16% 137,556 0.15% 124,482 0.18% 10.50% 295,881 0.32% 203,991 0.28% 45.05% 93,276,231 100.00% 72,348,002 100.00% 28.93% 3.5 MTN 1530ABS 60
ABS 71,777,837 56,554,47826.92% % % % 30,272,870 42.18% 27,283,667 48.24% 10.96% 41,504,967 57.82% 29,270,811 51.76% 41.80% 71,777,837 100.00% 56,554,478 100.00% 26.92% 42.18%48.24% 46 47
2014 % % % 13,730,579 19.13% 19,864,235 35.12% -30.88% 58,047,258 80.87% 36,690,243 64.88% 58.21% 71,777,837 100.00% 56,554,478 100.00% 26.92% 80.87% % % % 55,946,919 77.94% 48,165,951 85.17% 16.15% 174,401 0.31% -100.00% 15,830,918 22.06% 8,214,126 14.52% 92.73% 71,777,837 100.00% 56,554,478 100.00% 26.92% % % % 41,752,340 58.17% 35,466,296 62.71% 17.72% 30,025,497 41.83% 21,088,182 37.29% 42.38% 71,777,837 100.00% 56,554,478 100.00% 26.92%
58.17% % % % 47,568,897 66.27% 41,482,332 73.35% 14.67% 18,191,255 25.34% 13,960,236 24.68% 30.31% 6,017,685 8.39% 1,111,910 1.97% 441.20% 71,777,837 100.00% 56,554,478 100.00% 26.92% 66.27% % % % 12,751,188 17.76% 5,864,095 10.37% 117.45% 59,026,649 82.24% 50,690,383 89.63% 16.45% 71,777,837 100.00% 56,554,478 100.00% 26.92% 17.76% MTN 48 49
2014 3.6 17,449,8933,285,023 23.19% % % % 6,683,751 38.30% 27,570 0.19% 24142.84% 9,429,201 54.04% 14,097,772 99.53% -33.12% 16,112,952 92.34% 14,125,342 99.72% 14.07% 1,258,170 7.21% 78,771 0.45% 39,528 0.28% 99.28% 17,449,893 100.00% 14,164,870 100.00% 23.19% 6,657,979 1,798 4. % (13,332,369) (16,771,860) -20.51% (1,912,709) (1,724,522) 10.91% 15,814,610 19,674,790-19.62% 74,842 (7,630) -1080.89% 644,374 1,170,778-44.96% 13,332,369 15,814,6101,912,709 3,317,850
5. 5.1 (A) 110,726,124 86,512,872 (B) 93,276,231 72,348,002 17,449,893 14,164,870 (C = B/A) 84.24% 83.63% 84.24% 5.2 102,816,856 82,357,521 2,796,205 2,751,163 100,020,651 79,606,358 15,195,810 13,065,484 6.58 6.09 10 6.58 50 51
2014 6. 1,449,914 7. 7.1 +100 512,555 301,473-100 (512,555) (301,473)
7.2-1% (10,564) 105,035-1% 19,501 11,557 8,937 116,592 87% 7.3 52 53
2014 3 3-12 1-5 5 3,733,926 12,384,884 34,282,287 66,959,098 557,005 117,917,200 379,063 12,570,533 25,209,279 54,963,865 842,870 93,965,610 3,354,863 (185,649) 9,073,008 11,995,233 (285,865) 23,951,590 2,920,459 9,632,448 27,072,135 52,926,569 795,095 93,346,706 126,291 11,614,089 21,993,953 40,116,917 445,959 74,297,209 2,794,168 (1,981,641) 5,078,182 12,809,652 349,136 19,049,497 8. 19,688,387478,557 475,248 9. 130,00070% 72,00050% 27,000
10. 5,0163,2501,766 1,611,5181,331,548 16.02%16.92% 63.71%34.17% 54 55
2014 11. 11.1 614 11.2 63,826 59,487 120,000 3,693,206 5,116,140
E.1.2 56 57
2014
4 58 59
2014 3.13 A.4.1A.4.2 80
60 61
2014 4
65 62 63
2014 65 65
4/4 0/0 1/1 0/1 4/4 1/1 1/1 4/4 0/1 0/1 3/4 0/1 0/1 4/4 0/0 0/1 0/1 4/4 2/4 1/1 0/1 4/4 5/5 0/1 0/1 3/4 0/0 0/1 0/1 4/4 3/4 4/5 0/1 0/1 4/4 5/5 0/1 1/1 4/4 4/4 0/1 0/1 64 65
2014 97 97 3,050 1,211 4,261
66 67
2014 (a) (b) (c) (d) (e) 5% 622566568
5806152.5%50 14706 86-21-50490066 IR-Horizon@sinochem.com 68 69
2014 E.1.2
63 30 51 EMBA 20 51 20 70 71
2014 44 19 45KKRKKR KKRCEOKKR KKR Tau Beta Pi Edwin Howard Armstrong United Envirotech LtdA
53 MBA 64 30 65 38 72 73
2014 60 28 52 Shelter Cove Capital LimitedVoras Capital Management (HK) Limited26 50 24
40 12 48 25 61 EMBA 23 74 75
2014 42 13 42 12 52 IT 30
4 99 0.23 183171712-1716 183171712-1716 76 77
2014 225228 14 33 36 103105 4,0002,000
7176 78 79
2014 3 33 72(1) 9,546 74(1)72(1) 3373 3 126 3372(1) 126
3.13 8 80 81
2014 4%131,696,000 1% 14 1.00 (i) (ii)(iii)
1,777,896 11,391,704107 1 2 3 5.86 1,316,960 1,316,960 5.86 460,936 460,936 1,777,896 1,777,896 5.86 11,391,704 (46,088) 11,345,616 13,169,600 13,123,512 1 2 (i)(ii) 3 (i) 5.86(ii) 5.81 34 82 83
2014 17 19,754,400
XVXV78 352 4,162,400(L) 0.12% 1,538,340(L) 0.04% 30,000(L) 0.00% (1) L XVXV78 352 84 85
2014 XV2 3336 (1) (2) 919,914,400(L) 27.94% (2) 919,914,400(L) 27.94% KKR Future Investments S.À.R.L. 337,000,000(L) 10.24% KKR Future Holdings I Limited 589,005,000(L) 17.89% KKR Future Holdings Limited (3) 104,378,000(L) 3.17% 455,501,000(L) 13.83% KKR Asian Fund L.P. (3) 559,879,000(L) 17.01% KKR Associates Asia L.P. (3) 559,879,000(L) 17.01% KKR Asia Limited (3) 559,879,000(L) 17.01% KKR Fund Holdings L.P. (3) 559,879,000(L) 17.01% KKR Fund Holdings GP Limited (3) 559,879,000(L) 17.01% KKR Group Holdings L.P. (3) 559,879,000(L) 17.01% KKR Group Limited (3) 559,879,000(L) 17.01% KKR & Co. L.P. (3) 559,879,000(L) 17.01% KKR Management LLC (3) 559,879,000(L) 17.01% Henry Roberts Kravis 559,879,000(L) 17.01% George R. Roberts (3) Prime Capital Management (Cayman) Limited 200,939,000(L) 6.10% JPMorgan Chase & Co. 329,415,192(L) 10.01% 550,000(S) 0.02% 327,060,766(P) 9.93% 296,316,000(L) 9.00%
(1) LSP (2) 100% (3) 559,879,000104,378,000KKR Future Holdings Limited337,000,000KKR Future Investments S.À.R.L58,791,000KKR Future Holdings II Limited59,710,000KKR Future Holdings III LimitedKKR Future Holdings LimitedKKR Future Investments S.À.R.LKKR Future Holdings II LimitedKKR Future Holdings III LimitedKKR Asian Fund L.P.KKR Future Holdings LimitedKKR Associates Asia L.P.KKR Asian Fund L.P. KKR Asia LimitedKKR Associates Asia L.P. KKR Fund Holdings L.P.KKR Asia LimitedKKR Fund Holdings GP LimitedKKR Fund Holdings L.P. KKR Group Holdings L.P.KKR Fund Holdings L.P. KKR Fund Holdings GP LimitedKKR Subsidiary Partnership L.P.KKR Group LimitedKKR Group Holdings L.P. KKR & Co. L.P.KKR Group LimitedKKR Management LLCKKR & Co. L.P. Henry Roberts KravisGeorge R. RobertsKKR Management LLCHenry Roberts KravisGeorge R. Roberts 336 25% 3,000,000,000 200,000,000 5.55% 5.6% 86 87
2014 (%) 1.81% 0.48% (%) 38.37% 14.05% 5% 14A 14A
740,000,000 919,000,000 14A 5,400,0006,500,0007,800,000 20% 20% 35,000,000 88 89
2014 14A 68,000,00071,000,000 78,000,000 10%10% 5% 62,000,000 4314A 14A
14A.55 (a) (b) (c) 14A.56 (a) (b) (c) (d) 90 91
2014
20142,100 2014150 290190 30 LNGLPGCNG6.820 7.8 92 93
2014 2007 2008 2009 2009 500 2010
E 94 95
2014 2014310 21 50
99224 622 11 80 96 97
2014 1 22
5 10,060,717 7,868,382 7 (4,106,547) (2,890,185) 5,954,170 4,978,197 5 523,689 318,178 (1,356,023) (1,124,955) (1,659,885) (1,294,330) (249,400) (282,972) 6 (14,667) (1,270) 13,511 7,893 (195) 7 3,211,200 2,600,741 10 (869,026) (684,668) 2,342,174 1,916,073 2,342,174 1,916,073 11 2,295,954 1,912,744 10,184 3,329 37 36,036 2,342,174 1,916,073 13 0.70 0.58 12 98 99
2014 2,342,174 1,916,073 111,377 380,966 (81,237) 411,106 (599) 410,507 (29,641) (29,641) 410,507 (29,641) 2,752,681 1,886,432 2,706,461 1,883,103 10,184 3,329 36,036 2,752,681 1,886,432
14 1,733,169 964,053 15 987,878 973,847 16 64,164 17 54,283 54,690 19 80,985 20 94,154 80,643 21 394,253 22 227,033 968 23 60,156,452 48,641,068 24 95,647 80,995 25 904,331 583,953 26 123,694 87,752 64,916,043 51,467,969 27 78,708 27,461 28 82,339 53,951 22 63,244 23 39,284,977 31,045,952 24 2,152,852 868,686 26 830,111 375,377 26 3,317,850 2,673,476 45,810,081 35,044,903 29 3,489,071 2,299,346 30 4,204,755 3,183,664 22 8,773 11,832 31 30,272,870 27,283,667 32 7,577 840,356 603,297 38,823,402 33,381,806 6,986,679 1,663,097 100 101
2014 71,902,722 53,131,066 31 41,504,967 29,270,811 22 215,174 54,986 25 137,556 124,482 30 12,306,828 9,311,926 32 288,304 203,991 54,452,829 38,966,196 17,449,893 14,164,870 33 27,570 7,067,502 33 6,683,751 7,095,072 36 9,429,201 7,030,270 16,112,952 14,125,342 37 1,258,170 78,771 39,528 17,449,893 14,164,870
# 33 33 36 35 36 36 37 27,570 7,067,502 2,403,345 671 121,913 (100,283) 4,604,624 14,125,342 39,528 14,164,870 2,295,954 2,295,954 36,036 10,184 2,342,174 411,106 411,106 411,106 (599) (599) (599) 411,106 (599) 2,295,954 2,706,461 36,036 10,184 2,752,681 (1,798) (409,523) (306,786) 739,181 (21,074) 6,657,979 (6,657,979) (136,260) (136,260) (136,260) 37 1,222,134 1,222,134 2013 12 (600,849) (600,849) (600,849) 102 103
2014 # 33 33 36 35 36 36 37 17,994 17,994 17,994 835 (835) (441) 441 264 264 6,236 6,500 (150) (150) 28,216 28,216 (5,243) (5,243) 6,683,751 2,096,823* (136,260)* 17,994* 1,065* 121,913* 411,106* 638,299* 6,278,261* 16,112,952 1,258,170 78,771 17,449,893 * 9,429,201,00014,097,772,000 #
# 33 33 36 36 36 27,570 7,067,502 2,402,874 121,913 (70,642) 3,295,265 12,844,482 10,964 12,855,446 1,912,744 1,912,744 3,329 1,916,073 (29,641) (29,641) (29,641) (29,641) 1,912,744 1,883,103 3,329 1,886,432 (602,714) (602,714) (602,714) 671 (671) 24,500 24,500 471 471 735 1,206 27,570 7,067,502 2,403,345 671 121,913 (100,283) 4,604,624 14,125,342 39,528 14,164,870 # 104 105
2014 3,211,200 2,600,741 3,461,692 2,489,801 (51,981) (34,675) (13,511) (7,893) 195 5 (20,772) 60,737 7 37,611 18,404 5 (7,798) (4,989) (198) (19) 14 166,232 76,974 23 714,140 516,933 35,869 17,683 7 26,609 36,643 17,994 88,977 (170,773) 1,206 7,666,259 5,600,773 (49,176) 27,222 (28,388) 26,528 (20,496,758) (23,415,762) (1,171,155) (158,613) (74,149) (5,070) (24,922) 1,132,024 140,765 3,738,171 4,070,847 11,992 112,789 128,284 (9,101,304) (13,667,035) (3,253,030) (2,519,661) 51,981 34,675 (1,030,016) (619,839) (13,332,369) (16,771,860)
(18,404) 5 7,798 4,989 20,401 1,258 38 (48,197) (926,284) (1,751,615) (72,750) (81,180) (490,994) 112,000 (394,253) (1,912,709) (1,724,522) 1,222,134 6,500 24,500 (150) 78,696,702 80,558,048 (63,291,624) (60,379,563) (600,795) (602,714) 318 100,851 (14,667) (5,243) 7 (37,611) (136,260) (24,694) (26,332) 15,814,610 19,674,790 569,532 1,178,408 2,673,476 1,502,698 74,842 (7,630) 3,317,850 2,673,476 106 107
2014 14 64 29 18 9,345,504 8,727,502 6,382 23 26,901,264 18,273,422 22 215,027 36,468,241 27,000,953 23 2,128,933 2,259,387 24 629,179 230,932 777,506 608,760 26 1,040,058 143,632 22 63,244 4,638,920 3,242,711 29 2,553 1,957 30 437,237 245,329 22 8,773 11,832 (4,073) 31 6,967,086 5,519,343 7,411,576 5,778,461 (2,772,656) (2,535,750) 33,695,585 24,465,203 31 21,955,135 14,471,349 22 215,174 54,986 30 3,157 10,446 81,237 41,456 22,254,703 14,578,237 11,440,882 9,886,966 33 27,570 33 7,067,502 6,683,751 7,095,072 36 3,498,961 2,791,894 1,258,170 11,440,882 9,886,966
1. Fully Ascent Limited Far Eastern Hong Xin Co., LimitedFar East Horizon Limited 14701 2 2.1 20141231 326221176879 108 109
2014 2.1 (i)(ii) (iii)(i)(ii)(iii) 2.2 10 12 27(2011) 32 36 39 21 2010-2012 2 1 2010-2012 3 1 2010-2012 2011-2013 13 1 1 201471
2.3 2.4 9 4 10 2 28(2011) 11 2 14 5 15 3 16 2 38 16 2 41 19 1 27(2011) 2 2010-2012 1 2011-2013 1 2012-2014 2 1 201471 2 201611 3 201711 4 201811 5 201611 110 111
2014 2.4 622 9358 20143320151231 201499 399 2018119 9 15 15 20171115
2.5 (a) (b) (c) 5 20% 112 113
2014 2.5 5 39 39
2.5 930 114 115
2014 2.5
2.5 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) 116 117
2014 2.5 5 4.7519.40% 9.00% 19.4032.33% 19.4024.25%
2.5 118 119
2014 2.5 39 39
2.5 (a)(b) 120 121
2014 2.5 (a)(b)
2.5 122 123
2014 2.5
2.5 39 39 124 125
2014 2.5 (1) (2) (3)
2.5 (a) 12 (b) (c) 126 127
2014 2.5 (i) (ii)
2.5 128 129
2014 2.5 (a) (b) (c) (d) (e) (f)
2.5 3435 130 131
2014 2.5
3. 2014123164,16416. 132 133
2014 3. 3435
3. 4. (a)(b)(c)(d) (a) (b)(c) (d)(e) 134 135
2014 4. 9,053,889 1,006,828 10,060,717 59,257 6,086 (65,343) (3,427,730) (683,948) 5,131 (4,106,547) 521,524 7,296 (5,131) 523,689 (2,852,984) (169,010) 6,086 (3,015,908) (248,460) (940) (249,400) (73,924) 59,257 (14,667) 13,511 13,511 (97) (98) (195) 3,105,399 105,801 3,211,200 (851,588) (17,438) (869,026) 2,253,811 88,363 2,342,174 111,030,781 3,829,928 (4,134,585) 110,726,124 (93,792,884) (3,187,206) 3,703,859 (93,276,231) 739,811 10,198 750,009 55,398 137,443 192,841 4,156 59,670 63,826
4. 7,335,416 532,966 7,868,382 29,844 1,829 (31,673) (2,465,984) (425,309) 1,108 (2,890,185) 268,636 50,650 (1,108) 318,178 (2,332,175) (90,706) 3,596 (2,419,285) (282,331) (641) (282,972) (29,347) 28,077 (1,270) 7,893 7,893 2,553,406 47,335 2,600,741 (676,547) (8,121) (684,668) 1,876,859 39,214 1,916,073 86,387,589 1,642,959 (1,517,676) 86,512,872 (72,327,706) (1,098,810) 1,078,514 (72,348,002) 529,425 5,191 534,616 66,968 46,649 113,617 1,668 57,819 59,487 136 137
2014 4. (a) 9,908,385 7,817,454 94,145 24,942 58,187 25,986 10,060,717 7,868,382 (b) 2,832,488 2,046,377 182,145 26,856 3,014,633 2,073,233 10%
5. 6,283,269 5,117,713 2,709,366 2,245,431 174,479 52,685 135,931 171,040 322,538 191,198 85,639 26,166 390,090 176,854 60,458 15,303 8,542 (116,356) (121,247) 10,060,717 7,868,382 51,981 34,675 157,522 7,798 4,989 20,772 1,225 5a 326,187 77,636 85,483 39,719 15,638 14,605 3,637 523,689 318,178 138 139
2014 5. 5a. (i) 309,532 32,863 (ii) 40,292 16,655 4,481 326,187 77,636 (i) 201211 [2012]5 201211 2014 309,532,000 201332,863,000 (ii) [2011]111 201211 201211[2011]111 3% [2011]111
5. 5a. (ii) [2012]86[2011]111 2012121 201211 2014201340,292,000 6. 14,667 1,270 140 141
2014 7. 3,422,599 2,464,876 130,520 161,371 56,299 23,996 176,591 79,170 282,360 158,502 32,144 6,034 2,270 33,556 32,466 32,433 37,632 * (5,824) (989) 26,609 36,643 96,749 82,577 3,050 2,900 1,211 860
7. 8 1,338,101 1,126,792 17,994 65,679 55,054 189,744 149,702 23 750,009 534,616 66,786 50,889 174,906 143,982 35,950 79,381 * (31,008) 35,950 48,373 50,511 39,489 * (3,949) 46,562 39,489 4,451 1,931 11,032 12,431 15,812 13,909 141,297 114,889 * (22,486) (37,321) 118,811 77,568 18,896 9,103 1,028 268 4,013 2,030 64,436 53,186 148,305 360,035 (271,058) 37,611 79,141 52,175 1,160 42 142 143
2014 7. * 32 8. 622 1178 32 161 1,986 2,352 5,842 3,281 * 3,100 5,600 604 386 9,546 9,267 11,532 11,619 * 3435
8. (a) 336 331 336 331 336 331 336 993 1,344 (b) 331 336 331 336 331 336 993 1,008 144 145
2014 8. (c) 3,739 1,800 383 5,922 2,103 1,300 221 3,624 5,842 3,100 604 9,546 1,909 3,600 225 5,734 1,372 2,000 161 3,533 3,281 5,600 386 9,267 9. 2 2 3 3 5 5
9. 8 5,761 3,986 3,550 5,500 580 450 9,891 9,936 3,500,0014,000,000 2,794,8913,194,160 1 1 4,000,0014,500,000 3,194,1613,593,430 1 1 4,500,0015,000,000 3,593,4313,992,700 1 1 3 3 3435 20149 20141231 146 147
2014 10. 139,050 45,861 (1,183) 1,086,484 927,613 (87) 25 (356,508) (287,536) 869,026 684,668 16.5% 16.5% 15% 33% 25% 18%20%22%24% 25% 15%
10. 3,211,200 2,600,741 805,825 632,591 (120) 2,106 69,711 31,336 (80,117) (44,260) (10) (1,270) (12,763) (7,858) 2,349 7,375 (30) (176) (12,000) 22,911 96,357 41,737 869,026 684,668 11. 36 (b)603,755,000604,584,000 148 149
2014 12. 0.230.23 592,755 595,374 0.23 3,266,944,00025,456,000 35 751,397592,755 13. 3,287,307,315 3,292,400,000 2,295,954 1,912,744 3,287,307,315 3,292,400,000
13. 201412313435 14. 45,009 23,105 916,770 56,612 16,554 26,826 1,084,876 (28,332) (2,393) (48,774) (34,166) (7,158) (120,823) 16,677 20,712 867,996 22,446 9,396 26,826 964,053 16,677 20,712 867,996 22,446 9,396 26,826 964,053 86,766 8,774 250 96 95,886 34,118 38,164 599,157 96,664 7,380 105,029 880,512 (47,603) (5,858) (96,116) (11,700) (3,967) (988) (166,232) (974) (35,908) (3,707) (461) (41,050) 3,192 138,810 1,343,903 103,953 12,444 130,867 1,733,169 50,878 163,733 1,456,755 140,948 25,401 137,025 1,974,740 (47,686) (24,923) (112,852) (36,995) (12,957) (6,158) (241,571) 3,192 138,810 1,343,903 103,953 12,444 130,867 1,733,169 150 151
2014 14. 32,127 19,379 299,635 56,770 10,620 418,531 (13,265) (1,455) (14,740) (28,886) (4,715) (63,061) 18,862 17,924 284,895 27,884 5,905 355,470 18,862 17,924 284,895 27,884 5,905 355,470 13,129 3,726 628,474 7,911 6,731 26,826 686,797 (15,314) (938) (44,570) (12,984) (3,168) (76,974) (803) (364) (72) (1,239) (1) (1) 16,677 20,712 867,996 22,446 9,396 26,826 964,053 45,009 23,105 916,770 56,612 16,554 26,826 1,084,876 (28,332) (2,393) (48,774) (34,166) (7,158) (120,823) 16,677 20,712 867,996 22,446 9,396 26,826 964,053
14. 50 84 134 (50) (52) (102) (3) (3) 29 29 29 29 65 65 (30) (30) 64 64 50 149 199 (50) (82) (132) (3) (3) 64 64 152 153
2014 14. 52 84 136 (47) (32) (79) 5 52 57 5 52 57 (5) (22) (27) (1) (1) 29 29 50 84 134 (50) (52) (102) (3) (3) 29 29
15. 987,716 35,344 987,716 1,023,060 987,716 (13,869) (21,313) (13,869) (35,182) (13,869) 987,878 973,847 973,847 3050 154 155
2014 16. 38 64,164 64,164 64,164 64,164
16. 15% 20141231 17. 17a 23,870 18,226 30,413 36,464 54,283 54,690 156 157
2014 17. 17a. 35,396 20,511 8,723 21,509 14,886 (1) 65,628 35,396 (17,170) (12,698) (18,408) (6,180) (4,472) (41,758) (17,170) 23,870 18,226 18,226 7,813
18. 9,345,504 8,727,502 ii 100 1,342,710,922 ii 100 430,000,000 ii 88.31 100,000,000 ii 97.03 210,526,316 ii 100 500,000 ii 100 10,000,000 ii 100 15,000,000 ii 100 100,000,000 i 100 1 i 100 1,000 i 100 10,000,000 158 159
2014 18. ii 100,000,000 100 ii 380,000,000 50,000,000 55 ii 5,000,000 52.99 ii 8,000,000 88.31 ii 200,000,000 35,130,000 70 ii 100,000,000 100 ii 400,000,000 240,000,000 100 ii 10,680,000 40.45 ii 100,000 11,000 100 ii 1,000,000,000 60 40 i 1 100 i ii
19. 80,985 55,717,310 49.2 33.3* 49.2 200,010,000 13.3 25^ 13.3^ 4,000,000 50 50 50 * ^ 13.3% 30 (195) 80,985 160 161
2014 20. 94,154 80,643 4.9%20139 72,250,0004.9%20% 21. 394,253 20141231394,253,000
22. 204,770 (56,978) (66,818) 73,501 (166,969) 12,006 968 290,277 (223,947) 968 (66,818) 145,166 (48,280) (54,986) 69,861 (166,894) 12,006 968 227,033 (215,174) 968 (54,986) 63,244 (8,773) (11,832) 290,277 (223,947) 968 (66,818) 204,770 (56,978) (66,818) 73,501 (166,969) 278,271 (223,947) (66,818) 145,166 (48,280) (54,986) 69,861 (166,894) 215,027 (215,174) (54,986) 63,244 (8,773) (11,832) 278,271 (223,947) (66,818) 2129 162 163
2014 22. 411,106,000 111,377 (18,378) 380,966 (62,859) 411,106 (a) 11 103 9,735,000 60,737,000 (b) 204,770,000 1393,393,000 15 (c) 2.8
23. 39,284,977 31,045,952 60,156,452 48,641,068 99,441,429 79,687,020 2,128,933 2,259,387 26,901,264 18,273,422 29,030,197 20,532,809 164 165
2014 23. 23a. 23b 108,061,474 88,630,514 (11,002,267) (10,043,367) 23b* 97,059,207 78,587,147 * 445,803 386,220 132,877 140,889 23d* 503,586 223,291 23f 2,692,583 1,450,632 214,573 232,026 6,883 6,690 409,523 83,041 101,465,035 81,109,936 23c (1,963,443) (1,390,630) 23e (11,213) (6,020) 23g (40,654) (21,435) 23h (2,236) (3,645) 23i (26) (48) 23j (6,034) (1,138) 99,441,429 79,687,020 * 23(k).
23. 23a. 1,303,897 820,837 23d (i) 3,055 11,637 (ii) 24,973,340 16,970,338 360,345 207,510 23d (i) 8,432 (ii) 2,419,804 2,561,163 (38,676) (38,676) 29,030,197 20,532,809 (i) (ii) 2.95% 6.55% 166 167
2014 23. 23b(1). 58,484,542 51,423,424 32,158,492 22,651,643 11,080,172 10,519,918 6,338,268 4,035,529 108,061,474 88,630,514 52,162,646 45,384,245 29,278,065 20,270,979 10,064,580 9,310,084 5,553,916 3,621,839 97,059,207 78,587,147
23. 23b(2). 43,171,525 35,082,592 32,400,660 25,455,971 18,829,129 16,407,465 13,660,160 11,684,486 108,061,474 88,630,514 37,413,399 29,893,379 29,202,653 22,582,580 17,415,795 15,081,793 13,027,360 11,029,395 97,059,207 78,587,147 168 169
2014 23. 23c. 308,874 189,891 1,081,756 696,545 1,390,630 886,436 131,087 129,909 583,053 387,024 714,140 516,933 (21,772) (21,772) (119,924) (10,389) (119,924) (10,389) 67 (537) 302 (1,813) 369 (2,350) 320,104 308,874 1,643,339 1,081,756 1,963,443 1,390,630 (i) 1,002,592 719,822 107,058,882 87,910,692 108,061,474 88,630,514 (i) 909,168 642,238 96,150,039 77,944,909 97,059,207 78,587,147 (i) (ii) 19,688,387,00020,699,613,00031.
23. 23d. 6090 488,531 208,450 15,055 14,841 503,586 223,291 11,487 11,637 11,487 11,637 23e. 6,020 1,631 203 10,198 4,324 (5,218) 10 65 11,213 6,020 170 171
2014 23. 23f. 2,104,827 1,416,766 587,756 33,866 2,692,583 1,450,632 23g. 21,435 5,483 22,219 15,952 (3,000) 40,654 21,435 23h. 3,645 7,246 (1,409) (3,601) 2,236 3,645
23. 23i. 48 195 (22) (147) 26 48 23j. 1,138 4,883 1,155 13 (17) 6,034 1,138 23k. (i) 61,887 80,089 121 147 62,008 80,236 (i) 6.25%8.29% 172 173
2014 24. 252,035 74,673 * 1,592,954 198,285 140,919 111,703 34,082 149,972 174,344 258,595 (24a) 16,972 17,004 2,152,852 868,686 5,157 5,398 89,957 75,597 533 (24a) 95,647 80,995 2,248,499 949,681 *
24. (24a) 619,186 196,497 297 34,082 9,949 44 56 629,179 230,932 629,179 230,932 24a. (i) 14,041 13,898 (i) 2,493 2,668 (i) 438 438 438 438 122 16,671 618,626 179,388 16,972 17,004 619,186 196,497 (i) 174 175
2014 25. 328,737 222,609 3,872 168 49,952 605,338 350 2,699 168,348 129,312 (705) (168) 23,478 323,314 63 3 66 350 2,699 497,148 351,921 3,170 73,430 928,718 204,052 80,406 1,506 73 17,125 303,162 125,075 142,203 2,434 95 32,827 302,634 (390) (68) (458) 328,737 222,609 3,872 168 49,952 605,338
25. 21,385 83,026 41,456 145,867 (175) 3,002 (36,021) (33,194) (41,456) (41,456) 9,490 81,236 90,726 9,315 81,236 3,002 21,385 47,005 161,943 38,885 92,093 130,978 (17,500) 32,598 15,098 (209) (209) 21,385 124,482 145,867 176 177
2014 25. 904,331 583,953 137,556 124,482 2,171,000 6,407,00018,743,000 18,766,000 6,976,000 15,989,00074,335,000113,485,000 2012 206,880,00092,887,000
26. 3,861,561 2,925,231 1,040,058 143,632 410,094 211,374 4,271,655 3,136,605 1,040,058 143,632 953,805 463,129 3,317,850 2,673,476 1,040,058 143,632 2,457,253,000 2,655,974,000 478,557,000463,129,000 31(b) 475,248,000 325,833,000764,130,000 27. 78,708 27,461 178 179
2014 28. 82,339 53,951 208,300 153,738 (125,961) (99,787) 82,339 53,951 29. 2,632,580 1,538,501 1,406 815 856,491 760,845 1,147 1,142 3,489,071 2,299,346 2,553 1,957 3,338,978 2,178,539 1,142 102,991 80,923 1,406 815 24,310 11,871 1,147 22,792 28,013 3,489,071 2,299,346 2,553 1,957
30. 1,775,765 1,567,652 889,304 867,618 27,850 1,546 26,178 32,577 994 470,996 366,551 (30a) 8,956 1,465 18,498 126,958 169,667 46,027 39 33,505 512,884 246,972 203,431 76,653 350,951 54,802 186,371 6,667 54 54 4,204,755 3,183,664 437,237 245,329 12,289,594 9,297,873 2,048 (30a) 9,271 14,053 3,157 10,446 1,400 4,515 12,306,828 9,311,926 3,157 10,446 16,511,583 12,495,590 440,394 255,775 180 181
2014 30. 30a. 284 356 685 1,109 1,109 17,258 14,053 14,941 1,366 6,714 134,929 18,227 15,518 21,655 137,404
31. (%) (%) 2.44~5.60 2014 1,172,907 3.38~7.00 2015 7,086,848 2.71~6.72 2014 8,311,837 2.23~7.50 2015 9,191,888 1.65~6.30 2014 7,097,549 2.58~8.30 2015 10,762,241 1.39~6.77 2014 8,000,708 6.15 2014 174,401 6.30~6.42 2015 280,000 5.40~8.00 2014 1,431,383 6.46 2015 2,080,672 5.70 2014 498,648 4.00~5.50 2015 871,221 3.90 2014 596,234 30,272,870 27,283,667 3.38~7.00 2016~2021 5,948,731 2.71~6.72 2015~2020 8,528,108 2.58~8.30 2016~2021 22,957,211 1.39~6.77 2015~2021 15,054,842 6.30~6.42 2016~2017 415,000 6.15~8.00 2015~2016 420,000 3.23~8.30 2016 304,058 3.70~6.95 2016~2022 11,879,967 3.70~6.95 2015~2017 5,267,861 41,504,967 29,270,811 71,777,837 56,554,478 182 183
2014 31. (%) (%) 2.23~4.35 2015 2,105,811 2.04~4.31 2014 1,702,290 2.55~5.50 2015 3,990,054 1.39~5.21 2014 2,975,898 2.47~3.97 2014 187,175 3.97 2014 57,746 4.00~5.50 2015 871,221 3.90 2014 596,234 6,967,086 5,519,343 1.39~5.21 2016~2021 11,551,340 1.39~5.21 2015~2021 8,693,140 3.31 2015 266,472 4.20 2015 243,876 3.70~6.95 2016~2022 10,403,795 3.70~6.95 2015~2017 5,267,861 21,955,135 14,471,349 28,922,221 19,990,692
31. 27,040,977 24,583,001 6,095,865 4,678,188 19,190,570 12,232,655 8,249,928 2,315,040 9,359,370 11,132,337 3,099,432 6,378,100 356,002 217,958 201,980 55,946,919 48,165,951 17,647,205 13,371,328 174,401 174,401 244,921 266,472 511,393 243,876 243,876 3,231,893 2,526,265 871,221 596,234 3,484,230 2,227,515 2,844,230 2,047,515 8,750,973 3,460,346 7,195,743 3,220,346 363,822 363,822 15,830,918 8,214,126 11,275,016 5,864,095 71,777,837 56,554,478 28,922,221 19,990,692 184 185
2014 31. (a) 17,651,132,000 18,679,073,000 19,688,387,00020,699,613,000 (b) 1,475,835,000 1,147,722,000 (c) 32. 4,184 7,208 199,807 68,499 126,716 200,626 (2,567) (3,024) (32,259) (69,318) 1,617 4,184 294,264 199,807 (i) (ii) 126,716,000200,626,000
33. 0.01 10,000,000,000 100,000,000 0.01 3,292,400,000 32,924,000 (iii) 3,292,400,000 8,531,380,000 (i) 201433622 (ii) 622135201433 (iii) 35 186 187
2014 33. : 3,292,400,000 32,924 8,498,456 27,570 7,067,502 7,095,072 2.3) (1,798) (409,523) (411,321) 201433(a) 8,498,456 (8,498,456) 6,657,979 (6,657,979) 3,292,400,000 8,531,380 6,683,751 6,683,751 (a): 34. 13,169,600 4%131,696,000 10 141 10
34. (i)(ii) (iii) 5.86 13,169,600 5.86 (46,088) 5.86 13,123,512 4,374,464 5.86 4,374,464 5.86 4,374,584 5.86 13,123,512 188 189
2014 34. 17,799,000 1.321.361.38 3,198,000 (%) 4.00 (%) 38.34 (%) 2.02 5.86 2.00 13,123,512 1,777,8963,094,856 4,082,57613,123,512 13,123,512 0.40%
35. 197,544,000 6% 19,754,400 (69,146) 19,685,254 6,561,736 6,561,736 6,561,782 19,685,254 190 191
2014 35. 19,685,254 2,666,8444,642,284 6,123,864 25,456,000136,260,000 5.35 25,456 136,260 25,456 136,260 81,189,000 4.294.123.96 14,796,000 (%) 4.00 5.86
36. (a) 10%50% (b) 9,982,129 (431,246) 614,578 10,165,461 604,584 604,584 (307,935) (307,935) 12 (602,714) (602,714) 9,982,129 (739,181) 616,448 9,859,396 603,755 603,755 411,106 411,106 (716,309) 739,181 (21,074) 1,798 (136,260) (136,260) (6,657,979) (6,657,979) 17,994 17,994 12 (600,849) (600,849) 3,018,947 (136,260) 17,994 598,280 3,498,961 192 193
2014 36. 2.5 37. 200,000,0005.55% 8,426,000 4.606%5.00% 2014123136,036,000 20141231 38. 70% 65,130,00064,870,000
38. 127,361 13,446 16,933 7,658 66,169 2,069 1,254 234,890 (8,968) (10,144) (112,238) (9,489) (140,839) 94,051 (28,216) 16 64,164 130,000 900,000 194 195
2014 38. (65,130) 16,933 (48,197) (900) (49,097) 60,964,000 8,320,000 39. 614 40. 232631
41. (a) 141 43,135 15,808 43,135 15,808 (b) 71,035 80,572 1,754 117,264 18,060 3,004 2,240 191,303 100,872 1,754 196 197
2014 42. (a) 41 63,826 59,487 120,000 183,826 59,487 (b) 3,693,206 5,116,140
43. Sinochem International (Overseas) Pte Ltd. 2324263031 (i) 5,889 0.39%1.49% 198 199
2014 43. (ii) Sinochem International (Overseas) Pte. Ltd. 25,182 22,823 81 25,182 22,904 (iii). 17,695 21,707 6.15% (iv) 5,946 3,332 (v) 43,333 43,282 7,766 4,229 2,022 2,020 578 426 1,617 1,038 55,316 50,995
43. (vi) 850 850 (vii) 4,433 753 (viii) 145,834 41,271 9,974 1,754 145,834 52,999 200 201
2014 43. (ix) 367 (i)(iii)(v)14a (x) 29,224 21,819 2014 3435 8
44. 99,441,429 99,441,429 147,615 147,615 953,805 953,805 278,271 278,271 12,006 12,006 394,253 394,253 3,317,850 3,317,850 103,860,699 394,253 12,006 278,271 104,545,229 3,489,071 3,489,071 14,822,781 14,822,781 71,777,837 71,777,837 166,894 166,894 57,053 57,053 90,089,689 166,894 57,053 90,313,636 202 203
2014 44. 79,687,020 79,687,020 261,087 261,087 463,129 463,129 968 968 2,673,476 2,673,476 83,084,712 968 83,085,680 2,299,346 2,299,346 11,335,318 11,335,318 56,554,478 56,554,478 66,818 66,818 70,189,142 66,818 70,255,960
44. 29,030,197 29,030,197 628,725 628,725 777,506 777,506 1,040,058 1,040,058 278,271 278,271 31,476,486 278,271 31,754,757 2,553 2,553 225,086 225,086 28,922,221 28,922,221 223,947 223,947 29,149,860 223,947 29,373,807 204 205
2014 44. 20,532,809 230,635 608,760 143,632 21,515,836 1,957 1,957 220,724 220,724 19,990,692 19,990,692 66,818 66,818 20,213,373 66,818 20,280,191
45. 206 207
2014 45. 12,751,188 5,864,095 12,972,462 5,714,366 11,275,016 5,864,095 11,457,634 5,714,366
45. 18% 0% 5% 208 209
2014 45. 204,770 204,770 (56,978) (56,978) 73,501 73,501 (166,969) (166,969) 12,006 12,006 (66,818) (66,818) 968 968
45. 22 968 12,006 (969) 1 12,006 998 (30) 968 210 211
2014 45. 204,770 204,770 (56,978) (56,978) 73,501 73,501 (166,969) (166,969) (66,818) (66,818)
45. 12,972,462 12,972,462 5,714,366 5,714,366 11,457,634 11,457,634 5,714,366 5,714,366 212 213
2014 46. 22
46. +100 512,555 301,473-100 (512,555) (301,473) 22 214 215
2014 46. +/-1% 10,564/(10,564) 5,665/(5,665) +/-1% (19,501)/19,501 35/(35) +/-1% (8,937)/8,937 (5,630)/5,630
46. % % 22,811,933 24 17,235,826 22 11,556,067 12 11,479,550 14 9,400,843 10 9,045,651 11 15,034,584 15 11,448,183 15 9,987,989 10 6,813,078 8 15,065,680 16 12,282,050 16 3,185,635 3 2,244,726 3 5,734,543 6 4,430,869 6 4,281,933 4 3,607,214 5 97,059,207 100 78,587,147 100 (1,963,443) (1,390,630) 95,095,764 77,196,517 232224 216 217
2014 46. 95,242,583 77,816,897 132,877 140,889 224,591 210,882 2,679,601 1,447,132 214,573 232,026 409,523 83,041 445,803 386,220 290,277 968 147,615 261,087 6,883 6,690 910,681,000 128,010,000 910,681 910,681 128,010 128,010
46. 416,076 12,039,475 33,578,634 66,198,299 557,005 112,789,489 30,515 112,564 4,536 147,615 314,894 527,845 134,977 977,716 63,244 227,033 290,277 394,253 394,253 3,317,850 3,317,850 3,733,926 12,384,884 34,282,287 66,959,098 557,005 117,917,200 317,899 1,211,739 1,642,602 305,805 11,026 3,489,071 61,164 416,087 2,037,604 12,223,866 84,060 14,822,781 10,942,707 21,520,300 42,219,020 747,784 75,429,811 8,773 215,174 223,947 379,063 12,570,533 25,209,279 54,963,865 842,870 93,965,610 3,354,863 (185,649) 9,073,008 11,995,233 (285,865) 23,951,590 218 219
2014 46. 246,983 9,420,894 26,648,995 52,827,792 795,095 89,939,759 79,945 175,981 5,398 261,324 131,609 247,159 92,411 471,179 968 968 2,673,476 2,673,476 2,920,459 9,632,448 27,072,135 52,926,569 795,095 93,346,706 43,310 1,179,748 1,076,288 2,299,346 82,663 443,540 1,623,903 9,610,467 60,081 11,820,654 318 9,990,801 19,281,930 30,451,464 385,878 60,110,391 11,832 54,986 66,818 126,291 11,614,089 21,993,953 40,116,917 445,959 74,297,209 2,794,168 (1,981,641) 5,078,182 12,809,652 349,136 19,049,497
46. 2,551,200 136,012 2,016,802 29,173,312 911,863 34,789,189 628,260 465 628,725 777,506 777,506 1,040,058 1,040,058 278,271 278,271 4,647,035 764,272 2,017,267 29,173,312 911,863 37,513,749 1,405 1,148 2,553 719 178,930 42,279 3,158 225,086 3,182,872 4,199,125 21,582,228 728,441 29,692,666 223,947 223,947 226,071 3,362,950 4,241,404 21,585,386 728,441 30,144,252 4,420,964 (2,598,678) (2,224,137) 7,587,926 183,422 7,369,497 220 221
2014 46. 46,412 7,850 2,268,007 21,899,164 177,220 24,398,653 27 230,608 230,635 608,760 608,760 143,632 143,632 190,044 7,877 3,107,375 21,899,164 177,220 25,381,680 1,957 1,957 10,992 177,192 22,093 10,447 220,724 6,415 2,381,878 3,460,130 15,125,696 158,257 21,132,376 11,832 54,986 66,818 17,407 2,561,027 3,494,055 15,191,129 158,257 21,421,875 172,637 (2,553,150) (386,680) 6,708,035 18,963 3,959,805
46. 71,777,837 56,554,478 17,449,893 14,164,870 89,227,730 70,719,348 80% 80% 222 223
2014 46. 102,816,856 82,357,521 (2,796,205) (2,751,163) 100,020,651 79,606,358 15,195,810 13,065,484 6.58 6.09 47. 48. 49.
10,060,717 7,868,382 6,486,395 4,716,436 2,198,610 (4,106,547) (2,890,185) (2,908,365) (2,214,078) (792,688) 5,954,170 4,978,197 3,578,030 2,502,358 1,405,922 523,689 318,178 119,845 75,131 66,784 (1,356,023) (1,124,955) (703,143) (449,295) (252,971) (1,659,885) (1,294,330) (863,635) (624,514) (299,881) (249,400) (282,972) (52,939) (24,871) (23,163) (14,667) (1,270) (2,138) (195) 13,511 7,893 3,211,200 2,600,741 2,076,020 1,478,809 896,691 (869,026) (684,668) (558,652) (369,945) (201,158) 2,342,174 1,916,073 1,517,368 1,108,864 695,533 2,295,954 1,912,744 1,518,577 1,107,630 697,759 36,036 10,184 3,329 (1,209) 1,234 (2,226) 2,342,174 1,916,073 1,517,368 1,108,864 695,533 224 225
2014 (1) 1,647,151 1,270,898 1,030,699 729,895 326,909 (672,328) (466,822) (462,144) (342,641) (117,864) 974,823 804,076 568,555 387,254 209,045 85,739 51,392 19,044 11,627 9,930 (222,010) (181,702) (111,731) (69,531) (37,614) (271,758) (209,060) (137,233) (96,647) (44,589) (40,832) (45,705) (8,411) (3,849) (3,444) (2,401) (205) (340) (32) 2,212 1,275 525,741 420,071 329,884 228,854 133,328 (142,278) (110,587) (88,771) (57,251) (29,910) 383,463 309,484 241,113 171,603 103,418 375,896 308,946 241,305 171,412 103,749 5,900 1,667 538 (192) 191 (331) 383,463 309,484 241,113 171,603 103,418
110,726,124 86,512,872 60,570,275 47,097,345 25,326,291 (93,276,231) (72,348,002) (47,714,829) (37,795,575) (21,833,929) (1,258,170) (78,771) (39,528) (10,964) (4,019) (2,782) 16,112,952 14,125,342 12,844,482 9,297,751 3,489,580 (1) 18,095,461 14,189,649 9,636,509 7,474,702 3,824,164 (15,243,705) (11,866,359) (7,591,255) (5,998,442) (3,296,832) (205,617) (12,873) (6,483) (1,744) (638) (420) 2,633,266 2,316,807 2,043,510 1,475,622 526,912 226 227
2014 (1) 7.3046 7.5567 6.8346 7.0696 6.8282 6.8314 6.6227 6.7255 6.3009 6.4618 6.2855 6.2932 6.0969 6.1912 6.1190 6.1080