C_Ping An_A Share_HAR005(1540).pdf

二 零 零 九 年 年 報

1 4 6 10 11 22 25 30 41 45 46 84 87 98 99 100

2010416200919 181 1

2

2 2 Fortis SA/NVFortis N.V. 3

4 2009 100 2008 2009 50 2000 500 500 50073 2009 2009 2009

2009 2009 2009 CCCS 2009 100 5 12 2005-2008 2008 ACCE 2009 5

6 2009 144.82 1,345.0331.4% 20082.5 26.2% 300 12.9% 5.1 98.9% 2009 2,2002008 39.6%48.4% 340360 1. 2009819 2009 400 2. 2009410 3. 2009 340 1 2 3

4 0.46% 6.4% 2009 56.5% 14.5% 20098 2009 12 400 4. 1,305.51 2008100% 2009 2008 7

8 1,300 2009 2009 72 ATM 2009 2009 2009 803.87 2009 5.12 1,000 52 2011 200912 500 2009 2009 5. 200986 100 6. 200910 2009 5 6 7

2010 2010416

1 Ping An Insurance (Group) Company of China, Ltd. Ping An of China 2 3 4008866338 0755-82431029 E-mailir@pingan.com.cnpr@pingan.com.cn 15161718 4 15161718 15161718 518048 http://www.pingan.com ir@pingan.com.cnpr@pingan.com.cn 5 http://www.sse.com.cn 6 A A A601318 H H H2318 7 1988321 100000000012314 440300100012316440300100012316 10001231-6 1 16 8218 10

11 5,100 200 21 1988 21 41 2009

2009 GDP8.7% 144.82 1,345.03 31.4% 2.5 387.74 43.5% 2.0 2,200 51.2% 2008 39.6%48.4% 1,305.512008 100% 12

13

1988 21 2009 72 ATM 2009 14

15

2009 (%) 5,635 14.5 623 7.5 671 7.4 5,650 4.5 2,509 10.4 788 5.2 124 56.5 16

17

2009 18

19

2009 2009 400 20

21

2009 19,581 19,919 13,883 13,689 93,301 2009 183 229 (74) (96) (48) 194 [2008]431 22

2009 1231 20081231 (1) (%) 2007 1231 935,712 704,564 707,640 32.8 651,344 84,970 64,542 78,757 31.7 107,234 11.57 8.79 10.72 31.6 14.60 2009 2008 (1) (%) 2007 147,835 108,516 139,803 36.2 165,263 19,919 (1,486) (2,453) 17,483 13,883 1,418 662 879.1 15,086 13,689 1,569 813 772.5 14,857 93,301 58,871 62,357 58.5 31,860 1.89 0.19 0.09 894.7 2.11 1.89 0.19 0.09 894.7 2.11 1.86 0.21 0.11 785.7 2.08 1.86 0.21 0.11 785.7 2.08 (%) 18.5 1.8 0.7 16.7 16.9 (%) 18.2 2.0 0.9 16.2 16.6 12.70 8.02 8.49 58.4 4.45 (1) 20082 23

2009 2008 (1) 71,876 60,982 (%) 17.9 (2) 524,695 406,654 (%) (3) 4.0 4.0 (%) (3) 6.7 (2.4) 16,736 19,306 (%) (4) 1.4 1.7 (%) 226.7 183.7 28,507 21,289 (%) 33.9 (2) 39,905 26,557 (%) (3) 4.0 4.3 (%) (3) 5.4 7.0 17,946 12,548 10,917 8,781 16,418 15,624 (%) (5) 98.9 104.0 (%) (6) 57.0 68.1 (%) 143.6 153.3 (1) 20082 (2) (3) Modified Dietz (4) = (5) = + (6) = 24

(%) (%) 1 2 3 859,823,040 11.71 859,823,040 11.71 859,823,040 11.71 859,823,040 11.71 4 859,823,040 11.71 859,823,040 11.71 1 3,926,586,596 53.46 3,926,586,596 53.46 2 3 2,558,643,698 34.83 2,558,643,698 34.83 4 6,485,230,294 88.29 6,485,230,294 88.29 7,345,053,334 100.00 7,345,053,334 100.00 389,592,366 389,592,366 3 201031 331,117,788 331,117,788 3 201031 139,112,886 139,112,886 3 201031 859,823,040 859,823,040 25

1. A 200731 33.80 1,150,000,000 200731 4,786,409,636 20061113200620062006H 20072933.80 A11.5A7,345,053,334 200739A200731 2. 1 389,592,366 201031 2 331,117,788 201031 3 139,112,886 201031 3. 4. 26

358,039352,043 (%) 8.43 618,886,334 8.36 613,929,279 6.55 481,359,551-65,313,416 5.30 389,592,366 389,592,366 5.17 380,000,000 4.51 331,117,788 331,117,788 2.82 207,478,860-63,792,773 2.43 178,802,104-3,182,840 1.89 139,112,886 139,112,886 33,000,000 1.68 123,687,001-23,005,999 105,680,000 618,886,334 H 613,929,279 H 481,359,551 A 380,000,000 A 207,478,860 A 178,802,104 A 123,687,001 A 111,007,892 A 68,824,648 A 50 39,749,975 A 27

20091231H1,232,815,61373.4516.78% 5% 80% 20% 100% 100% 100% 95% 5% 8.43% 8.36% 6.55% 5.30% 4.51% 5.17% 18.04% 43.64% 5% 5% (1) H1,232,815,61316.78% 19696171,468.748 Canada Square, London, E14 5HQ, United Kingdom 1866814300134.505 224.94125.3351 199205 20 1959118,704,103,3848 Canada Square, London, E14 5HQ, United Kingdom 868,500 28

(2) A481,359,5516.55% 20041013 184646 (3) A389,592,3665.30% 199212302.05 95%5% 10102 200254 100%100% (4) A380,000,0005.17% 20001027901512B 1650% 29

54 2009.06-2012 57 2009.06-2012 46 2009.06-2012 53 2009.06-2012 39 2009.06-2012 47 2009.07-2012 61 2009.06-2010.02 58 2009.06-2012 58 2009.06-2012 59 2009.06-2012 Clive BANNISTER 51 2009.06-2012 40 2009.06-2012 47 2010.02-2012 59 2009.06-2012 64 2009.06-2012 甦 52 2009.06-2012 72 2009.06-2012 66 2009.06-2012 49 2009.06-2012 30

Richard JACKSON 鍾 59 2009.06-2012 62 2009.06-2012 71 2009.06-2012 61 2009.06-2012 39 2009.06-2012 42 2009.06-2012 40 2009.06-2010.03 47 2009.06-2012 49 2010.03-2012 62 2006.06 - Richard JACKSON 54 2005.11-54 2007.04-40 2007.01-47 2007.01-52 2007.01-36 2009.10-44 2008.10 - * 53 2003.02-2009.12 * 201011 31

H248,000 H248,000 H7,500* H7,500* H12,000 H12,000 H177,500 H177,500 * 9.81% 139,112,886 1. 4,743,600 4,743,600 4,168,300 4,168,300 500,000 500,000 1,721,520 1,721,520 100,000 100,000 992,800 992,800 64,602 64,602 735,040 735,040 602,400 602,400 1,118,600 1,118,600 300,000 300,000 1,307,680 1,307,680 300,000 300,000 300,000 300,000 1,373,040 1,373,040 200,000 200,000 300,000 300,000 18,827,582 18,827,582 32

2. (%) (%) 5.86 5.86 3.83 3.83 2.93 2.93 1.17 1.17 0.18 0.18 0.12 0.12 1.41 1.41 0.65 0.65 0.59 0.59 Richard JACKSON 0.59 0.59 0.59 0.59 3.57 3.57 0.70 0.70 3.81 3.81 0.59 0.59 0.59 0.59 1.76 1.76 28.94 28.94 33

34 2001419944 19883 20032199410 19953 200810 19907 20065200310 20002 19932000 20096 2004119896 2006720071 2005820067 20022004 1998 20021995 1997 19941995 2009620104 20096 2007120042 2001520083 201042004220071 20021220071 20012002 (FSA) (MAAA) 20035 2000 19972000 2004320102 20031120098 20056 200582004 9 2004420049 19921220044 20065 2005 420101 20065 19981 19876 19932

(Clive BANNISTER)20085 2009920103 2006112009 9 20017200611 1998620015 HSBC Private Bank (UK) LimitedHSBC Private Bank (Monaco) Limited HSBC Guyerzeller Bank AG Switzerland HSBC Private Bank (France) 1998 19961998 1994 Booz Allen & Hamilton 1982Exeter 20096 200712003 52006121998 820034 1993819987 1991719937 20102 20099 20098 20056 20049 19945 20065 20061031 200658 20071031 2009424 20073 20083 Inter-Citic Minerals Inc. 20073 20095 20076 1963 199920005200512 20096 200612200812 20001200612 1999320001 35

36 200961983 1985 1989 20002003 20096 19761986 2005 1999 2008 Pacific Rim 20096 200810 AMP(151) 20035 20034 20096 1969 20096 20071 20065 2009320103 1992 20096 1993 20103 1988

37 2006620063 20041 1996 2003 19891996 19751989 Richard JACKSON200511 20073 JACKSON200511 19852005JACKSON Handlowy 19741985JACKSON JACKSON 20074 1991112004320074 20021220074 200212200562002 412 2007120058 200810 CEO20002 20041220071 2003920071 20039200812 Hamilton 2007120062 20088 CEO20026 2006220071200310 2006220022008 2001 20021993 2001Olivetti Olivetti & Oracle AT & T 20071 1992122003220071 2002620065 20026200741999 200219961999 19951996 19931995 200910 2000 E 2004220083 20083200910 2008 11 CEO20101 CEO 20081020039 20074 2004620085 (FCIS)(FCS) 2001520032 HPC 201011

20001-20049 - 20102-19981 - Clive 200610-20103 BANNISTER 200311-20098 20099-20057 - 38

54 2009.06-2012 484.17 288.94 57 2009.06-2012 558.81 337.48 46 2009.06-2012 H H 1,170.27 666.24 248,000 248,000 53 2009.06-2012 193.48 136.72 39 2009.06-2012 H H 470.16 287.48 12,000 12,000 47 2009.07-2012 61.25 50.96 61 2009.06-2010.02 0.00 0.00 58 2009.06-2012 0.00 0.00 58 2009.06-2012 0.00 0.00 59 2009.06-2012 0.00 0.00 51 2009.06-2012 0.00 0.00 Clive BANNISTER 40 2009.06-2012 0.00 0.00 47 2010.02-2012 0.00 0.00 59 2009.06-2012 H H 30.00 23.20 7,500 7,500 64 2009.06-2012 20.00 16.00 52 2009.06-2012 20.00 16.00 72 2009.06-2012 20.00 16.00 66 2009.06-2012 11.21 9.01 49 2009.06-2012 16.81 13.12 59 2009.06-2012 16.81 13.12 62 2009.06-2012 14.42 11.51 71 2009.06-2012 6.00 5.04 61 2009.06-2012 0.00 0.00 39 2009.06-2012 0.00 0.00 42 2009.06-2012 51.69 43.71 40 2009.06-2010.03 116.92 85.80 47 2009.06-2012 137.33 97.14 49 2010.03-2012 0.00 0.00 62 2006.06-2,859.21 1,591.64 Richard JACKSON 54 2005.11-902.27 522.69 54 2007.04-154.84 111.85 40 2007.01-461.34 275.80 47 2007.01-404.56 243.56 52 2007.01-182.64 134.23 36 2009.10-62.99 38.16 44 2008.10-164.00 114.36 53 2003.02-2009.12 H 177,500 H 177,500 468.11 275.01 9,059.29 5,424.77 39

1 200966-12 2 20102 3 200966-12 4 20096201036-12 5 20103 6 2009102711-12 1. 200962009632008 200969200978 20091218 2009 2010211 2. 200962009632008 201032010319 3. 2009620104 200910 4. 20101 20091231100,2679766,60266.4% 4,4534.4%9,2339.2%19,97919.9%4,376 4.4%47,36147.2%40,80140.7%7,7297.7% 40

200821H1 2009123119577 7 2009420081231 2009630 201020091231 20092 20082008 20094 7313 6 41

2009 20091027 2010416 2010416 FinanceAsiaAsia's Best Managed Companies Corporate Governance Asia2009(IR Magazine) 2009 10924 2008319 20078 2008 20094 42

7 2 2 200963 2 2 200963 2 2 200963 7 5 2 7 7 7 6 1 7 7 5 5 200969 5 5 200969 5 5 200969 2009 43

2004 2009 44

2009632008 20082008 20082008 20082009 <> H20%H200964 2009872009H 2009872009H 2009872009H 200988 200912182009 20091219 45

2009 144.82 917.43200836.6% 1. 2009 2008 147,835 108,516 (128,254) (109,856) 19,581 (1,340) 14,482 1,635 2009103.742008 14.64 20085.0035.0%20096.75 200814.4425.2% 200910.80 2008 2008 20085.5094.9%200910.72 20091 2. 2009 2009 46 2009 2008 10,374 (1,464) 675 500 1,080 1,444 1,072 550 (1) 1,281 605 14,482 1,635 (1) 2009 2008 (1) 18,863 18,735 (2) 12,431 (907) (392) (25,855) (174) 92 30,728 (7,935) (%) (3) 3.9 4.1 (%) (3) 6.4 (1.7) (1) (2) (3) Modified Dietz

2008187.352009 188.63 20084.1%20093.9% 2009124.31 20089.07 20093.922008 227.90 2009 307.28 200879.352008-1.7%20096.4% 20091231 (%) 20081231 (%) 8,932 1.5 5,509 1.2 68,740 11.7 47,856 10.3 589,713 100.0 464,665 100.0 (1) (%) 2009 (2008) 76.0 (80.7) 10.8 (7.8) 1.5 (1.2) 11.7 (10.3) 20091231 (%) 20081231 (%) 91,599 15.5 84,412 18.2 91,599 15.5 84,412 18.2 351,432 59.6 286,791 61.7 6,986 1.2 11,994 2.6 136,147 23.1 155,742 33.5 208,299 35.3 119,055 25.6 5,434 0.9 3,725 0.8 5,434 0.9 3,725 0.8 (1) 448,465 76.0 374,928 80.7 44,380 7.5 22,929 4.9 2,153 0.4 2,958 0.6 42,053 7.1 19,816 4.3 20081231 80.7%2009123176.0% 7.8%10.8% 3. 2009 1,7002008 4.65 4. 2008144.2155.6%2009 224.38 2009 10.44 174 0.0 155 0.0 19,196 3.3 13,443 2.9 1,108 0.2 2,473 0.5 18,088 3.1 10,970 2.4 (1) 63,576 10.8 36,372 7.8 47

5. 2009 2008 2,843 2,840 2,594 (5,961) 5,437 (3,121) 2008-31.21 200954.37 2 200420052006 200912 3120042005 200614.26 10.553.59 14.26200912.79 20081.47 173,277 1. 2009 2008 132,298 101,178 2,110 1,158 95 33 (1) 134,503 102,369 (%) (2) 16.5 14.0 (1) (2) 200911.0% 16.5% 100,945 129,383 27,014 38,774 (%) 2009 (2008) 21,666 134,503 102,369 79,279 2007 2008 2009 36.2 (40.3) 16.5 (14.0) 8.3 (9.0) 39.0 (36.7) 352,600 20091231238 267.525,965.69 48

2009 2008 40,737 36,492 561 458 41,298 36,950 13 90.8% 91.6% 25 87.3% 86.2% 6,261 5,423 1.1 1.1 416,570 355,852 3,006 3,366 51,269 39,878 2009 2009 998.6326.2% 87.4%2009 118.0538.2% 41.73 5 2004121320061227 2009 1720091231 27500% 2009 95.79200890.17200912 31203.7220081231 124.02261.072008 1231146.13 20056 200926 2009 12315 20091231 4,07456 132590%85% 49

2009 2008 134,503 102,369 (3,016) (2,836) (58,048) (37,444) 73,439 62,089 71,876 60,982 26,961 21,483 1,574 (5,952) (37) (374) 2,230 1,679 102,604 77,818 (4,993) (5,715) (16,736) (19,306) 1,070 781 (39,049) (11,269) (3,905) (5,421) (664) (459) (7,233) (5,823) (10,441) (7,297) 241 171 (289) (25,113) (6,958) (3,430) (88,957) (82,881) 13,647 (5,063) 27 11 13,674 (5,052) (3,300) 3,588 10,374 (1,464) 2009103.742008 14.64 2009 2008 27,318 19,719 1,748 1,244 1,958 1,911 31,024 22,874 68,839 56,230 99,863 79,104 349 66 26,796 14,268 3 2 27,148 14,336 635 491 27,783 14,827 8 2,827 4,705 3,977 3,508 6,812 8,213 45 225 6,857 8,438 134,503 102,369 2008791.04 26.2%2009998.63 2008228.7435.6%2009310.24 2008 562.3022.4%2009688.39 50

2008148.27 87.4%2009277.83 200884.38 18.7%200968.57 200835.08 13.4%200939.77 2009 2008 49,810 37,433 57,641 33,870 8,790 8,454 4,964 4,943 4,568 7,172 2,781 5,076 5,949 5,421 134,503 102,369 (%) 2009 (2008) 37.0 (36.6) 42.9 (33.1) 6.5 (8.2) 3.7 (4.8) 3.4 (7.0) 2.1 (5.0) 4.4 (5.3) 2009 2008 (%) (%) 18,132 13.5 14,268 13.9 12,494 9.3 9,944 9.7 11,784 8.8 8,858 8.7 10,027 7.5 7,321 7.1 9,581 7.1 7,448 7.3 8,372 6.2 6,643 6.5 7,338 5.5 5,733 5.6 5,800 4.3 4,373 4.3 5,135 3.8 3,651 3.6 4,481 3.3 3,311 3.2 93,144 69.3 71,550 69.9 134,503 100.0 102,369 100.0 2009 2008 (1) 17,043 15,520 (2) 11,926 151 (302) (25,107) (174) 92 28,493 (9,344) (%) (3) 4.0 4.0 (%) (3) 6.7 (2.4) (1) (2) (3) Modified Dietz 2008155.209.8% 2009170.43 200812314,066.5429.0%5,246.95 4.0% 51

20081.512009119.26 20093.02 2008 227.90 2009284.93 200893.442008-2.4%20096.7% 200857.1512.6%200949.93 2008 2009 2008 2,799 2,455 424 370 3,223 2,825 5 3,360 2,870 3 3,363 2,875 1,595 3,131 2 5,749 8,283 212 172 7,558 11,586 180 158 1,625 1,237 69 64 430 398 265 138 23 25 200828.2514.1%200932.23 200828.7517.0%200933.63 2008115.8634.8% 200975.58 2008 200820.2028.3%2009 25.92 200834.30200969.58 200810.93200942.41 2009390.492008 112.69 2009 200854.2128.0%2009 39.05 2009 2008 1,260 1,229 355 373 5,618 4,221 7,233 5,823 200858.2324.2%200972.33 200872.9743.1%2009 104.41 2,592 2,020 16,736 19,306 52

2009 1231 2008 1231 1,585 1,390 614 617 2,199 2,007 1,076 1,098 135 115 1,211 1,213 55,373 52,451 119,295 117,983 116,327 89,075 3,305 3,216 294,300 262,725 27,982 24,022 11,408 9,200 39,390 33,222 2009 2008 38,483 26,751 (%) (1) 12.9 10.9 (1) 2009 22.3% 2009 12.9% (%) 2009 2008 337,100 299,167 200812312,991.67 12.7%200912313,371.00 39.9 (41.6) 12.9 (10.9) 11.4 (11.4) 35.8 (36.1) 2. 2009 2020091231 6091.45506.67 2009 2008104.0%200998.9% 53

(%) 104.0 98.9 2009 2008 35.9 41.9 38,774 27,014 28,507 21,289 68.1 57.0 1,524 1,976 29 (20) 2008 2009 (2) (40) 247 110 2009 2008 10,543 8,206 1,578 1,611 12,121 9,817 12,473 10,656 13,714 13,461 401,800 2009 200948.64 22.36 25.920.36 1.29 2009 Allianz SE Reinsurance Branch Asia PacificEverest Reinsurace CompanyScor Reinsurace Company (Asia) Limited 30,305 23,315 (16,418) (15,624) 2,551 2,771 (2,368) (1,641) (26) (23) (2,195) (1,538) (4,754) (3,029) (6,541) (4,660) 1,698 1,471 (78) (113) (286) (103) (47) (28,347) (22,606) 1,958 709 (50) 5 1,908 714 (1,233) (214) 675 500 20085.0035.0%2009 6.75 2008 54

2009 2009 2008 29,561 19,377 7,476 6,185 1,737 1,452 38,774 27,014 (%) 2009 2008 76.2 (71.7) 19.3 (22.9) 4.5 (5.4) 2009 2008 (%) (%) 7,484 19.3 5,234 19.4 2,708 7.0 1,830 6.8 2,642 6.8 1,669 6.2 2,572 6.6 1,960 7.3 2,466 6.4 1,814 6.7 2,265 5.8 1,299 4.8 2,114 5.5 1,524 5.6 1,459 3.8 1,148 4.3 1,408 3.6 1,008 3.7 1,394 3.6 961 3.5 26,512 68.4 18,447 68.3 38,774 100.0 27,014 100.0 2008193.7752.6% 2009295.61 200861.8520.9% 200974.76 200826.3817.2%200930.92 20087.6234.0%2009 10.2120088.42 32.2%200911.13 200814.5219.6% 200917.37 2009 2008 (1) 1,226 1,027 (2) 455 971 (19) (339) 1,662 1,659 (%) (3) 4.0 4.3 (%) (3) 5.4 7.0 (1) (2) (3) Modified Dietz 200810.2719.4% 200912.262008 265.5750.3%2009399.05 20084.3% 20094.0% 20089.71 53.1%20094.552008 2009 2009 1,9002008 55

2009 2008 13,070 11,905 2,431 1,685 734 904 (1) 16,235 14,494 (1) 2008119.059.8% 2009130.70 20092008 200816.85 44.3%200924.31 20089.04 18.8%20097.34 2009 2008 3,370 2,148 1,070 701 340 203 (1) 4,780 3,052 12.3% 11.3% (1) 200830.5256.6% 200947.80 200811.3%2009 12.3% 200846.6040.4%2009 65.41 20082.14200912.33 2009 1231 2008 1231 12,495 7,604 4,902 4,478 549 466 17,946 12,548 7,691 5,471 2,771 2,871 455 439 10,917 8,781 28,863 21,329 2008213.2935.3%2009 288.63 3. 2009 1231 2008 1231 2009 1231 2008 1231 50,898 33,752 7,268 5,047 22,453 18,371 5,061 3,293 (%) 226.7 183.7 143.6 153.3 20091231 56

20091231 86.23143.152,206.81 2009 2,206.81200851.2% 200839.6%48.4% 360 20081.1%2.2%340 56.5% 0.46%156.0% 50 30200913.0% S-ebank ATM 2009 35 2009 2008 3,425 3,814 417 206 404 (164) (1) 202 68 4,448 3,924 (183) (269) 4,265 3,655 (2) (2,917) (2,278) 1,348 1,377 (268) 67 1,080 1,444 (1) (2) 200814.4425.2% 200910.80 20082008 3.00 2009 2008 4,852 4,838 294 319 344 532 1,184 1,331 6,674 7,020 (2,538) (2,560) (711) (646) (3,249) (3,206) 3,425 3,814 (1) 1.77% 2.66% 180,984 134,524 169,444 125,287 (1) 57

200838.1410.2%2009 34.2520082.66%2009 1.77%2008 2009 2009 2008 146 85 189 91 147 66 482 242 (38) (20) (27) (16) (65) (36) 417 206 20082.06102.4% 20094.172009 20094.042008 1.642009 3.12 2009 2008 2,547 1,828 298 273 72 177 200822.7828.1% 200929.17 IT 200847.0%200959.5% 20082.6932.0%2009 1.83 2009 2009 2008 19.9% -4.9% 20092.682008-0.67 200820073.00 20082.3316.9%2009 2008 200818.0%200920.0% 2009 1231 2008 1231 67,828 44,754 7,569 3,784 32,165 23,948 107,562 72,486 (%) 2009 2008 2,917 2,278 (1) 59.5% 47.0% (1) 63.1 (61.8) 29.9 (33.0) 7.0 (5.2) 58

20081231 724.86 48.4% 20091,075.6251.6%678.28 2009123163.1%20081231 61.8%34.3%321.652009 123129.9%2008123133.0% 100.0%75.6920091231 7.0%200812315.2% 2009 1231 2008 1231 117,925 81,758 19,521 14,962 11,007 7,417 612 2,677 149,065 106,814 (%) 2009 2008 2009 1231 2008 1231 106,166 69,210 901 2,885 218 176 113 180 164 35 107,562 72,486 495 391 0.46% 0.54% 772 601 156.0% 153.7% 20081231 3.9126.6%200912314.95 200812310.54%20091231 0.46% 2009 79.1 (76.5) 13.1 (14.0) 7.4 (7.0) 0.4 (2.5) 200812311,068.14 39.6%200912311,490.65 20081231153.7%200912 31156.0% 2009 1231 2008 1231 17,173 8,510 131,638 79,573 >8% 13.0% 10.7% >4% 10.9% 10.5% 20091231 8%4%13.0%10.9% 20096 302009950 59

1. 20062008 2009123130 49.36243.86 2009 EE 13IPO 4IPO8IPO5 2008 12 2009 2008 1,972 1,229 565 370 (82) (130) 21 6 (4) 2,476 1,471 (130) (82) (1,021) (688) (1) (9) (1,152) (779) 1,324 692 (6) 1,324 686 (252) (136) 1,072 550 2009 20085.5094.9%2009 10.72 2009 2008 1,271 796 895 511 4 14 2,170 1,321 (170) (92) (28) (198) (92) 1,972 1,229 2009 20087.9659.7% 200912.71 60

2009IPO 13IPO4 20085.1175.1% 20098.95 200812.29 60.5%200919.72 2009 2008 (1) 410 113 21 20091231 1,305.512008169.1% 130,551 (2) 73 127 (7) 483 233 47,519 48,514 (1) (2) 20082.3320094.83 2007 2008 2009 2. 20091231 69.88124.40 137.60 2009 TOT ODYSSEY 2009 2008 358 342 835 1,469 (1) (150) (1) 1,192 1,660 (34) (9) (59) (91) (362) (151) (455) (251) 737 1,409 (2) 735 1,409 (129) (202) 606 1,207 (1) 61

200812.0749.8% 20096.0620082009 3. 2009 2008 391 391 180 81 571 472 200912315 (138) (85) 570,311 (75) (45) (213) (130) 358 342 470,469 452,060 20092008 20080.81 20091.80 2007 2008 2009 20080.8562.4%2009 1.38 20083.42 4.7%20093.58 2009 2008 (1) 607 280 (2) 227 1,039 834 1,319 (1) (2) 20082.8020096.07 200810.392009 2.2720082009 20091231 5,703.11200826.2% 2009A 2009 307.286.4% 2009 62

20065 6,500 20073 945 2009 1231283.54 IT 2009 1. 2009 (%) 2008 (%) 5,635 14.5 3,867 14.3 623 7.5 1,161 13.2 671 7.4 1,383 14.9 5,650 4.5 1,872 3.1 2,509 10.4 475 5.3 788 5.2 1,298 12.3 124 56.5 69 50.5 2. 2009 2009 20091231 200987%200815 100%99%80%20081 4925 2009100% 200812 97%20084 5100% 3100% 43% 93% 64% 100% 63

64 3. VIP 2009 4022008 7.5 30% 200912362 VIP 2008442009 842008 18,69154,000188.9% 1. 2008872 2008112 AH AH AH 200915 220091 2009 20091222 200915 2009 2010125 220106 2 2 2009 AH2008 AH 2 2

2 19951999 5% 2010125 9 220107 9 9 2 20091231 2. 137 14236. 2009 1231 2008 1231 91,743 101,362 67,159 81,469 84,970 94,528 64,542 78,757 2009 2008 112,213 173,277 89,103 129,383 14,482 9,476 1,635 873 13,883 8,914 1,418 662 2 2009 2422524. 2009 2 65

1. 2009 2008 (%) 935,712 704,564 32.8 843,969 637,405 32.4 91,743 67,159 36.6 2009 19,581 (1,340) 14,482 1,635 785.7 2. 30% 2009 2008 (%) 102,775 51,703 98.8 1,852 1,177 57.3 4,468 304 1,369.7 29,126 42,954 (32.2) 9 17 (47.1) 9,268 6,435 44.0 3,284 5,434 3,725 45.9 109,060 74,160 47.1 325 108 200.9 1,562 218,598 126,502 72.8 13,254 6,025 120.0 914 617 48.1 7,001 11,679 (40.1) 2 2008 2009 46,922 34,728 35.1 5,011 3,071 63.2 24,924 17,204 44.9 11,007 7,413 48.5 5,039 33 15,169.7 10 265 (96.2) 60,364 41,124 46.8 66

2009 2008 (%) 116,045 80,649 43.9 13,492 6,929 94.7 1,614 693 3,388 2,210 53.3 3,033 2,156 40.7 1,391 3,073 (54.7) 1,378 975 41.3 130,343 83,029 57.0 13,148 3,884 238.5 4,990 1,007 472 113.3 46,922 34,728 35.1 14,892 2,194 578.8 2009 6,773 2,617 158.8 5,483 1,019 438.1 2,781 1,776 56.6 1,814 (7,506) 17 465 (96.3) 2008 8,284 2,389 246.8 41,417 12,910 220.8 11,418 8,649 32.0 3,482 2,537 37.2 22,438 14,421 55.6 880 550 60.0 11,338 3,774 200.4 763 26,120 (97.1) 2008 227.90 615 114 439.5 5,437 (3,121) 2008 2009 2 67

3. 1. 42,971 1,560 29,135 17 (8) 9 2. 212,236 5,945 (430) 241,436 3 34,728 46,922 289,935 1,560 5,945 (430) 317,493 1. 265 254 10 2. 34,728 46,922 34,993 254 46,932 4. 1. 7,624 280 2,776 16 (13) 1 2. 9,036 8,953 3. 8,611 3,017 (430) 19,716 4. 25,271 280 3,017 (430) 31,445 8,895 247 8,170 68

20091231 17 128 69

20091231 20059 20091231 2010416 70

2009 4 20091231 20091222200915 20092010125 92 20107 2009 2009 1231 2008 1231 11.0% 11.5% 94,606 79,016 40,052 25,800 19996 (11,614) (11,340) 19996 86,579 66,859 (14,314) (11,676) 155,258 122,859 100,704 69,643 11.0% 11.5% 13,945 10,039 (2,141) (1,498) 11,805 8,541 71

2009 1 11.0%19996 11.0% 2 20104.50%0.25%20145.5% 3 25%18% 5.5% 4 (2000-2003)65%65% (2000-2003)45%40% 5 15%85% 6 7 2% 8 80%80% 2009636.30 43.7% 43.3% 0.4% 13.6% 7.3% 6.3% 42.7% 42.7% 0.0% 100.0% 72

200912311,552.58 2009 20081231 69,643 7,431 2009 12,654 200911.0% (1,290) 2,523 11.5%11.0% 4,989 3,404 2009 601 99,956 43.5% (952) 1,700 17.00 20091231 100,704 20081231 53,216 2,267 928 20091231 56,410 946 6,579 19.84 45.95 (1,102) (8,279) 17.00 19.8445.95 20091231 54,554 20091231 155,258 20091231 21.1 73

2008 50 50 10% 10% 10% 5% 150% 10.5% 11.0% 11.5% 11.0% 63,309 60,652 58,128 62,096 10.5% 11.0% 11.5% 11.0% 12,540 11,805 11,121 12,654 60,652 11,805 2008 61,975 12,270 50 72,289 12,529 50 48,100 11,094 10% 61,341 12,074 10% 62,753 12,340 10% 61,965 12,025 5% 58,422 11,477 150% 53,251 10,734 11.0%11.0% 74

2009 17 19.84 45.95 2009 20091231917.43 2008123136.6% 20091231 HA 2009 2010 30 10 2009 1231 2008 1231 90.9% 90.8% 2009 2008 93,301 58,871 (81,743) (113,365) 15,684 22,268 2008588.71 2009933.01 75

20092008 20081,133.652009 817.43 20092008 2008222.682009 156.8420082009 2009 1231 2008 1231 67,027 33,148 11,983 16,271 1,296 50 8,659 12,206 88,965 61,675 2009 1231 2008 1231 117,560 88,270 38,916 28,663 (%) 302.1 308.0 20091231 76

20091231 50 184 4,962 10 10x99%Z 20091231 8,114 5% 20091231 5% 217 1,150 50 77

78 20091231 AA 99.99% IT 2009 20085 30%2009

79 2009 4 80.0%300 98.6%52.0% 2009 307.28 6.4% 2010 1. 2. 2010 2009 2010 2010 2010 15% 1. 20084.27 2.0% 1,408.18 31.4% 20072008 200911,137.30 13.8%7,457.4412.0% 2,875.8323.1%573.98 2.0%230.05 13.0%4.062008 21.6%

2. 20098 64548 2009 (%) 2,950.41 36.2 1,322.98 16.2 675.76 8.3 670.11 8.2 667.81 8.2 1,857.11 22.9 8,144.18 100.0 2009 (%) 1,194.64 39.9 384.83 12.9 342.28 11.4 1,071.15 35.8 2,992.90 100.0 2010 2004H2007A 200941320091214 8 927 20091229 19.8460 2009 3. 2009 GDP8%2010 2009624 45.95 86.23 80

A 2009 1. 200948 2008 2008 2008 2008 2009 2008 2008 200812312008 <> <2008 ><> 2008 20%H 2008 <2008> <> < >< ><2008 ><2008 ><2008 > <2008 ><2008 >2008 2008 2008 2. 2009427 2009 200912313 20082008 2009 3. 2009610 (CEO) 4. 2009612 H 2009 20092009 5. 2009814 2009 20096302009 2009 2009 6. 20091027 2009 <> < >2009 < > 7. 20091224 < > 81

82 2009632008 20082008 2009 2009 814 20097,345,053,334 2009 0.151,101,758,000.10 20094 20081231 2009630 2009 2010 20091231 2009 20092 20082008 20094

2009 2009 144.828.28 200910% 43.21 20090.15 1,101,758,000.107,345,053,334 2009 0.302,203,516,000.20 2010 2009 (%) 2008 1,469 662* 221.9 2007 5,142 15,086 34.1 2006 3,598 7,342 49.0 * 6.622008 2 200814.18 83

2009484 200820082008 2008 2008 2009423427 2009 200957512 2009610128827 20098144 2009 200910211027 2009 20092009318 2009632008 84

* 3/3 100% 3/3 100% 3/3 100% 6/6 100% 3/3 100% 3/3 100% 3/3 100% 3/3 100% 3/3 100% 3/3 100% 3/3 100% ** 3/3 100% 6/6 100% 3/3 100% ** 0/0 * 2009620096 20096 ** 201032010319 200910 2008200921H 16 85

20072A382.22 2009612 2009122124 <> NEWBRIDGE ASIA AIV III, L.P. 86

2009612 20096123.705.85 20 18.26 2009612NEWBRIDGE ASIA AIV III, L.P.NEWBRIDGE 520,414,439NEWBRIDGE(1) 11,449,117,658(2)299,088,758H 200987200920092009 H NEWBRIDGE299,088,758HH 2009122124<> NEWBRIDGE 200961320098820091225 (www.sse.com.cn) 200912182009 2010201215 20102012432 20112012390 20091219 (www.sse.com.cn) 87

(1) 398 (1) 662 6,425 7,952 8,614 (%) 10.1 (1) 20072A AA 20091231 20082009 2009 3,9973,620137 24020085,3283,168 7111,4497 88

(%) 1 601299 278 50 307 8.7 29 2 600030 107 4 114 3.2 46 3 600036 107 6 112 3.2 45 4 601628 96 3 101 2.9 17 5 000651 49 2 72 2.0 23 6 600805 47 6 67 1.9 21 7 600028 77 7 95 2.7 36 8 600837 56 3 59 1.7 3 9 600050 54 8 58 1.6 19 10 600739 49 2 58 1.6 9 2,239 2,486 70.5 1,751 (286) 3,159 3,529 100.0 1,713 (1) (2) (3) 89

(%) 1 000001 A 2,657 3,461 4.6 2,118 2 BE0003801181 FORTIS 23,874 3,109 4.8 2,025 3 601939 718 778 21 67 0.2 HK0939 1,459 1,608 9 239 4 600036 2,037 2,241 11 792 0.7 HK3968 98 94 27 5 601398 522 541 6 82 0.1 HK1398 1,317 1,487 233 6 000538 1,407 1,947 9.4 15 553 7 600000 1,810 1,943 1.2 1 387 8 601988 463 476 12 0.2 HK3988 1,107 1,163 5 167 9 600028 825 856 1 39 0.2 HK0386 448 446 15 129 10 601628 89 93 1 35 0.1 HK2628 1,007 1,150 366 (1) (2) (3) (4) 90

(%) 1 2 3 4 5 361 93 10.33 361 2 1 0.01 2 2 2 1.32 2 826 826 40.63 2,150 356 16 20 1 50.00 19 (1) 10,349 104,227 10,426 6,958 91

2009-001 D009C16 2009120 http://www.sse.com.cn/ 2008 D8A4 2009-002 D009C16 D8A4 2009120 http://www.sse.com.cn/ 2009-003 C12C8 D12D3 2009210 http://www.sse.com.cn/ 2009-004 B01C3 2009219 http://www.sse.com.cn/ 40C4 2009-005 D029C3 2009312 http://www.sse.com.cn/ D17D3 H 2009325 http://www.sse.com.cn/ 2009-006 D033C17 200949 http://www.sse.com.cn/ 41E3 2009-007 D033C17 200949 http://www.sse.com.cn/ 41E3 2008 200949 http://www.sse.com.cn/ 2008 D033 200949 http://www.sse.com.cn/ C18-C19 41E3 2008 200949 http://www.sse.com.cn/ 200949 http://www.sse.com.cn/ 2008 200949 http://www.sse.com.cn/ 92

H 2009415 http://www.sse.com.cn/ 2009-008 D044C48 2009415 http://www.sse.com.cn/ 40C4 2009-009 2008 D004C33 2009417 http://www.sse.com.cn/ 21D1 2008 2009417 http://www.sse.com.cn/ H 2009417 http://www.sse.com.cn/ H 2009417 http://www.sse.com.cn/ 2009-010 B08C16 2009422 http://www.sse.com.cn/ 2009 21C4 2009-011 D010C30 2009428 http://www.sse.com.cn/ 77C4 2009 D010C30 2009428 http://www.sse.com.cn/ 77C4 2009-012 D005C9 200956 http://www.sse.com.cn/ 16A4 2009-013 B04C11 2009512 http://www.sse.com.cn/ 20A4 2009-014 C12C8 2009514 http://www.sse.com.cn/ 21C2 2009-015 2008 C12C8 2009514 http://www.sse.com.cn/ 21C2 93

2009-016 2008 D007C16 200964 http://www.sse.com.cn/ 24B3 2008 200964 http://www.sse.com.cn/ 2009-017 B08C24 200969 http://www.sse.com.cn/ 24C2 2009-018 D004C6 2009611 http://www.sse.com.cn/ 44C4 2009-019 D004C6 2009611 http://www.sse.com.cn/ 44C4 2009-020 D004C6 44C4 2009611 http://www.sse.com.cn/ 2009-021 C00417 2009613 http://www.sse.com.cn/ 32C2 2009-022 C00417 2009613 http://www.sse.com.cn/ 32C2 2009-023 D008C16 2009616 http://www.sse.com.cn/ 12C3 2009-024 2009 D012C16 2009623 http://www.sse.com.cn/ 2009 4A4 2009 20092009 2009 2009623 http://www.sse.com.cn/ 2009-025 2009 D004C8 2009710 http://www.sse.com.cn/ 2009 37C4 2009 94

H 2009711 http://www.sse.com.cn/ 2009-26 D004C17 49C2 2009714 http://www.sse.com.cn/ 2009-27 2009 D004C32 2009717 http://www.sse.com.cn/ 48B1 2009-28 B01C9 2009722 http://www.sse.com.cn/ 44C1 2009-29 B01C9 2009722 http://www.sse.com.cn/ 44C1 H 200981 http://www.sse.com.cn/ 2009-30 2009 B0857 200988 http://www.sse.com.cn/ 2009 69A4 2009 2009 2009 2009 200988 http://www.sse.com.cn/ 2009-31 D012C40 2009812 http://www.sse.com.cn/ 9C4 2009-32 C04532 2009815 http://www.sse.com.cn/ 37C2 2009-33 C04532 2009815 http://www.sse.com.cn/ 37C2 2009 C045 C046 2009815 http://www.sse.com.cn/ 3237-38 C1 95

2009-34 2009 B04C8 2009826 http://www.sse.com.cn/ D5H3 2009-35 C00524 2009912 http://www.sse.com.cn/ 36B4 2009-36 B01B22 20091015 http://www.sse.com.cn/ 45B4 H 20091015 http://www.sse.com.cn/ 2009-37 D100B97 20091028 http://www.sse.com.cn/ 96F2 2009-38 D100B97 20091028 http://www.sse.com.cn/ 96F2 20091028 http://www.sse.com.cn/ 2009 D100B97 20091028 http://www.sse.com.cn/ 96F2 2009-39 2009 B08B9 2009113 http://www.sse.com.cn/ 16C4 2009 2009113 http://www.sse.com.cn/ H 2009114 http://www.sse.com.cn/ 2009-40 B01B24 20091111 http://www.sse.com.cn/ 44B4 2009-41 B01B9 20091112 http://www.sse.com.cn/ 13B4 2009-42 C00424 20091212 http://www.sse.com.cn/ 33A4 96

2009-43 2009 C00524 20091219 http://www.sse.com.cn/ 37B4 2009 20091219 http://www.sse.com.cn/ 2009-44 B01B14 20091225 http://www.sse.com.cn/ 44D3 97

98

99

20091231 2010416 100

(2010)60468101_B41 200912312009 (1) (2)(3) 200912312009 2010416 101

20091231 20091231 20081231 1 102,775 51,703 2 1,852 1,177 3 4,468 304 4 29,126 42,954 5 9 17 6 14,748 13,074 7 9,268 6,435 8 4,576 4,412 3,284 9 2,483 3,325 10 4,983 5,059 11 5,434 3,725 12 109,060 74,160 325 108 1,562 73,605 72,090 13 241,436 212,236 14 218,598 126,502 15 13,254 6,025 16 914 617 17 6,200 5,860 18 6,549 6,551 19 9,742 7,605 20 11,841 9,500 21 7,001 11,679 22 5,697 4,718 42 46,922 34,728 935,712 704,564 102

20091231 20081231 24 5,011 3,071 25 24,924 17,204 26 11,007 7,413 27 5,039 33 5 10 265 28 60,364 41,124 29 116,045 80,649 30 13,492 6,929 1,614 693 31 3,388 2,210 1,422 1,243 32 2,991 3,649 33 3,033 2,156 34 1,391 3,073 1,378 975 35 6,976 5,648 36 15,196 12,012 37 130,343 83,029 38 365,963 320,496 39 13,148 3,884 40 4,990 21 1,007 472 41 7,622 7,142 42 46,922 34,728 843,969 637,405 103

20091231 20091231 20081231 43 7,345 7,345 44 56,087 48,506 45 6,208 6,125 46 395 395 47 14,892 2,194 43 (23) 84,970 64,542 48 6,773 2,617 91,743 67,159 935,712 704,564 102239 114239 104

2009 2009 2008 49 112,213 89,103 134 119 (6,347) (5,813) 50 (5,483) (1,019) 100,383 82,271 51 6,674 7,020 51 (2,464) (2,677) 51 4,210 4,343 52 3,179 1,980 52 (398) (204) 52 2,781 1,776 53 30,380 25,708 54 1,814 (7,506) (17) (465) 55 8,284 2,389 147,835 108,516 (4,993) (5,715) 56 (33,154) (34,930) 3,621 3,552 57 (41,234) (13,737) 58 (183) 827 (3,905) (5,421) (26) (23) (11,418) (8,649) 59 (3,482) (2,537) 60 (22,438) (14,421) 1,939 1,642 (880) (550) 60 (11,338) (3,774) 61 (763) (26,120) (128,254) (109,856) 105

2009 2009 2008 19,581 (1,340) 615 114 (277) (260) 19,919 (1,486) 62 (5,437) 3,121 14,482 1,635 13,883 1,418 599 217 14,482 1,635 63 1.89 0.19 63 1.89 0.19 64 7,657 (24,245) 22,139 (22,610) 21,530 (22,661) 609 51 22,139 (22,610) 114239 106

2009 2009 2008 113,093 88,343 46,710 20,203 1,487 42,308 23,712 8,366 7,621 4,803 694 6,460 13,369 105 66(4) 10,391 4,171 239,040 152,796 (31,795) (34,166) (528) (674) (1,264) (616) (35,127) (11,255) (15,164) (13,869) (11,110) (8,853) (6,994) (9,321) (4,443) (5,221) (1,426) 66(5) (24,597) (23,241) (145,739) (93,925) 66(1) 93,301 58,871 388,083 472,126 16,590 14,338 1,114 1,389 66(3) 2,492 441 408,720 487,853 107

2009 2009 2008 (485,115) (593,145) (3,639) (5,521) (1,709) (1,314) (739) (499) (490,463) (601,218) (81,743) (113,365) 484 133 484 133 18,403 3,848 4,990 5,872 28,994 29,749 32,975 (11,912) (4,703) (2,153) (6,004) (6) (86) (14,065) (10,707) 15,684 22,268 48 (158) 66(2) 27,290 (32,384) 61,675 94,059 66(6) 88,965 61,675 114239 108

2009 2009 7,345 48,095 6,125 395 16,820 (23) 2,712 81,469 411 (14,626) (95) (14,310) 7,345 48,506 6,125 395 2,194 (23) 2,617 67,159 13,883 599 14,482 64 7,581 66 10 7,657 7,581 13,883 66 609 22,139 1. 83 (83) 2. (1,102) (24) (1,126) 3,571 3,571 7,345 56,087 6,208 395 14,892 43 6,773 91,743 2008 7,345 72,111 5,655 395 21,770 (42) 1,984 109,218 493 (15,382) (97) (14,986) 7,345 72,604 5,655 395 6,388 (42) 1,887 94,232 1,418 217 1,635 64 (24,098) 19 (166) (24,245) (24,098) 1,418 19 51 (22,610) 1. 470 (470) 2. (5,142) (86) (5,228) 765 765 7,345 48,506 6,125 395 2,194 (23) 2,617 67,159 114239 109

20091231 20091231 20081231 1 4,522 7,383 2 3,224 5,623 318 371 3,225 220 3 13,642 17,781 4 52,514 44,234 66 88 26 34 5 527 51 58 77,588 76,319 6 2,000 6,400 7 376 345 8 4 114 7 9 4,430 236 175 7,053 7,034 7,345 7,345 52,266 50,742 6,208 6,125 395 395 4,321 4,678 70,535 69,285 77,588 76,319 114239 110

2009 2009 2008 10 1,523 5,809 11 33 (762) (2) (66) 2 1 1,556 4,982 (36) 12 (469) 180 (72) 13 (71) (409) (612) (265) 944 4,717 (18) (48) 926 4,669 14 (98) 34 828 4,703 15 1,524 (1,764) 2,352 2,939 114239 111

2009 2009 2008 7 8 7 8 (219) (272) (11) (302) (245) (621) (475) (1,195) 16 (1) (468) (1,187) 34,924 75,599 1,608 5,999 13 5 36,550 81,598 (38,990) (116,139) (38) (82) (13) (14) (39,041) (116,235) (2,491) (34,637) 4,430 6,400 4,430 6,400 (1,199) (5,146) (4,400) (5,599) (5,146) (1,169) 1,254 (12) 16 (2) (4,128) (34,582) 9,120 43,702 4,992 9,120 114239 112

2009 2009 7,345 50,742 6,125 395 4,678 69,285 828 828 1,524 1,524 1,524 828 2,352 1. 83 (83) 2. (1,102) (1,102) 7,345 52,266 6,208 395 4,321 70,535 2008 7,345 52,506 5,655 395 5,587 71,488 4,703 4,703 (1,764) (1,764) (1,764) 4,703 2,939 1. 470 (470) 2. (5,142) (5,142) 7,345 50,742 6,125 395 4,678 69,285 114239 113

20091231 1988321HA 15161718 1992 19941997 2002 2003124 H1,262 2004624 A1,150200731 200912317,34543 2010416 2006238 20093 20092 36 200912312009 114

1. 111231 2. 3. 2009 115

20091231 4. 5. 116

5. 16 8 6. 7. 117

20091231 8. (1) (2) (a)(b) 118

8. (1) (2) (3) (4) 119

20091231 8. 120

8. 121

20091231 8. 2 9. 10. 122

11. 30-35 5% 2.71%-3.16% 50-70 1.43%-2.00% 16 12. 30-35 5% 2.71%-3.16% 5-15 0-10% 6%-20% 5-8 5% 11.88%-19% 16 13. 16 123

20091231 14. 20-30 50-70 3-5 10-15 15. 16. 124

16. 17. 20082 0.8%0.08% 0.05% 0.15%0.05% 0.8%0.15% 0.8%0.08% 0.05% 1% 6% 125

20091231 18. 21222322 23 19. 126

19. 127

20091231 19. Bornhuetter-Ferguson 20. 21. 128

22. 23. 129

20091231 24. 25. 130

26. 8 27. 28. 131

20091231 28. (1) (2) 29. 30. 31. 1 132

32. Black-Scholes 33. 133

20091231 34. 35. (1) (2) 5% 100% 1% 50% 134

35. (3) (4) 8 (5) 2009 2.83%-5.48% 20094.5-5.5% (2000-2003) 135

20091231 35. (5) 2009 90%90% 3% 2.5% (6) (7) 136

35. (8) 200912315,191 36. 200882009122200811 200915201012 201066 20096 2009 (1) 6 (2) 6 (3) 6 137

20091231 36. (4) 7.5% 6 138

36. 2008112009112008 2009,2009 200911 52,445 (742) 51,703 65,486 (22,532) 42,954 13,084 (10) 13,074 6,931 (496) 6,435 4,554 (142) 4,412 2,733 592 3,325 11,354 (6,295) 5,059 83,003 (10,913) 72,090 7,641 (36) 7,605 7,767 3,912 11,679 34,728 34,728 452,642 (1,142) 451,500 707,640 (3,076) 704,564 41,334 (210) 41,124 3,571 78 3,649 6,222 (574) 5,648 6,420 76,609 83,029 420,064 (99,568) 320,496 34,728 34,728 148,560 171 148,731 626,171 11,234 637,405 48,095 411 48,506 16,820 (14,626) 2,194 13,842 13,842 78,757 (14,215) 64,542 2,712 (95) 2,617 81,469 (14,310) 67,159 707,640 (3,076) 704,564 139

20091231 36. 2009 173,277 (61,064) 112,213 (6,845) 1,362 (5,483) 33,758 (3,378) 30,380 7,896 (6,082) 1,814 7,672 612 8,284 (14,257) 9,264 (4,993) (33,820) 666 (33,154) (101,815) 60,581 (41,234) (821) 638 (183) (4,440) 535 (3,905) (19,146) 7,728 (11,418) (3,596) 114 (3,482) (22,620) 182 (22,438) 1,759 180 1,939 (6,115) (5,223) (11,338) 2,917 2,917 13,804 6,115 19,919 (4,328) (1,109) (5,437) 9,476 5,006 14,482 8,914 4,969 13,883 562 37 599 1.21 0.68 1.89 1.21 0.68 1.89 140

36. 200811 72,740 (2,101) 70,639 84,938 (27,643) 57,295 4,187 (225) 3,962 4,568 (134) 4,434 4,931 (1,102) 3,829 41,731 (9,383) 32,348 7,894 (42) 7,852 87 848 935 39,493 39,493 430,268 (261) 430,007 651,344 (550) 650,794 13,980 (424) 13,556 2,656 265 2,921 5,161 (515) 4,646 5,287 51,747 57,034 380,947 (72,855) 308,092 4,822 (3,245) 1,577 39,493 39,493 129,273 (30) 129,243 542,126 14,436 556,562 72,111 493 72,604 21,770 (15,382) 6,388 13,353 13,353 107,234 (14,889) 92,345 1,984 (97) 1,887 109,218 (14,986) 94,232 651,344 (550) 650,794 141

20091231 36. 2008 129,383 (40,280) 89,103 (1,780) 761 (1,019) 28,248 (2,540) 25,708 (17,668) 10,162 (7,506) 1,779 610 2,389 (13,362) 7,647 (5,715) (34,592) (338) (34,930) 2,960 592 3,552 (38,792) 25,055 (13,737) 5,808 (4,981) 827 (6,276) 855 (5,421) (14,637) 5,988 (8,649) (2,576) 39 (2,537) (14,025) (396) (14,421) 1,456 186 1,642 (1,381) (2,393) (3,774) (26,998) (26,998) (2,453) 967 (1,486) 3,326 (205) 3,121 873 762 1,635 662 756 1,418 211 6 217 0.09 0.10 0.19 0.09 0.10 0.19 200962332009 (1) (2) (3) 142

5% 19942 199895 1999181 1998746 2000592001118 200294 2002156200471 200521 200576 2006115 200743 2007117 2007158 200888 2008166 2009135 200811200825% 25%200820092010 2011201218%20%22%24%25%2009 25% 200916.5% 143

20091231 1. 20091231 71093073-9 99.33% 99.33% 23,800,000,000 23,800,000,000 1 71093072-0 99.13% 99.13% 4,000,000,000 6,000,000,000 2 19236558-0 90.75% 90.75% 8,622,824,478 8,622,824,478 10002000-9 99.88% 99.88% 6,988,000,000 6,988,000,000 3 100323453 86.66% 86.66% 3,000,000,000 3,000,000,000 4 77021249-9 99.44% 0.55% 99.99% 1,800,000,000 2,700,000,000 71093344-6 96.00% 3.97% 99.97% 500,000,000 500,000,000 71093349-7 95.00% 4.97% 99.97% 500,000,000 500,000,000 100.00% 100.00% 4,000,000,000 555,000,000 100.00% 100.00% 110,000,000 110,000,000 10002318-8 89.47% 89.47% 120,000,000 120,000,000 19221023-9 99.88% 99.88% 4,000,000,000 4,000,000,000 19230555-3 99.88% 99.88% 20,000,000 20,000,000 5 77270613-4 99.88% 99.88% 1,800,000,000 1,800,000,000 6 77985608-X 99.88% 99.88% 100,000,000 100,000,000 100.00% 100.00% 80,000,000 65,000,000 79028553-X 79.90% 79.90% 38,500,000 38,500,000 78735955-0 79.90% 79.90% 500,000 500,000 144

1. 20091231 77076569-1 50.94% 50.94% 9,700,000 9,700,000 73207232-5 98.88% 98.88% 20,000,000 20,000,000 100.00% 100.00% 50,000 2 100.00% 100.00% 36,000,001 36,000,001 100.00% 100.00% 50,000 1 100.00% 100.00% 10,000 10 739490888 100.00% 100.00% 77,800,000 77,800,000 73190971-X 59.60% 59.60% 750,000,000 750,000,000 780101033-2 59.60% 59.60% 504,000,000 504,000,000 66690678-1 69.92% 69.92% 140,000,000 140,000,000 66910233-2 69.92% 69.92% 130,000,000 130,000,000 10129520-7 69.92% 69.92% 39,399,030 39,399,030 67299862-7 99.88% 99.88% 10,000,000 10,000,000 68037400-5 99.88% 99.88% 300,000,000 300,000,000 71093529-X 66.92% 66.92% 50,000,000 50,000,000 68039626-3 86.66% 86.66% 300,000,000 300,000,000 67297503-8 100.00% 100.00% 30,000,000 6,000,000 IT 67297264-6 100.00% 100.00% 30,000,000 6,000,000 145

20091231 1. 20091231 67483282-3 99.88% 99.88% 3,000,000 3,000,000 7 86.66% 86.66% 50,000,000 50,000,000 8 17429416-8 99.88% 99.88% 281,158,000 183,796,599 8 17427320-1 29.86% 29.86% 378,272,000 378,272,000 9 69872128-X 93.07% 93.07% 220,000,000 120,000,000 9 69872138-6 99.88% 99.88% 5,000,000 5,000,000 9 73666809-7 99.88% 99.88% 1,000,000 1,000,000 8 67268003-7 79.90% 79.90% 26,195,876 26,195,876 1 6020091231 2 86.23 3 30 4 2720091231 5 18 6 1 7 50 8 2 9 10 2009 146

2. 20091 100% 14,046 10,729 (10,264) (9,753) 3,782 976 (3,060) 722 256 978 2008 (978) 2,517 1,539 2009 2,517 5,498 500 1,027 147

20091231 99%99% 2009 2009 2008 1,094 889 0.7% 0.6% 148

2009 73,439 38,774 112,213 (1,402) (4,945) (6,347) (161) (5,322) (5,483) 71,876 28,507 100,383 3,425 785 4,210 (785) 785 417 1,972 435 (43) 2,781 43 (43) 26,961 1,524 151 565 577 1,392 (790) 30,380 640 34 (3) 77 42 (790) () 1,574 29 253 (82) 33 7 1,814 (37) (2) 25 (2) (1) (17) 2,230 247 11 21 2 7,601 (1,828) 8,284 681 10 1,137 (1,828) 102,604 30,305 4,282 2,476 610 9,434 (1,876) 147,835 (4,993) (4,993) (16,736) (16,418) (33,154) 1,070 2,551 3,621 (39,098) (2,136) (41,234) 49 (232) (183) (3,905) (3,905) (26) (26) (7,233) (4,754) 569 (11,418) (97) (472) 569 (664) (2,195) (298) (130) (195) (3,482) (10,441) (6,541) (2,547) (1,021) (469) (2,603) 1,184 (22,438) (671) (207) (84) (9) (93) (120) 1,184 241 1,698 1,939 (140) (78) (72) (595) 5 (880) (5) 5 (6,818) (103) (18) (4,474) 75 (11,338) (52) (23) 75 (289) (113) (183) (1) (71) (106) (763) (88,957) (28,347) (3,046) (1,152) (612) (7,973) 1,833 (128,254) 13,647 1,958 1,236 1,324 (2) 1,461 (43) 19,581 79 83 166 1 286 615 (52) (133) (54) (1) (18) (19) (277) 13,674 1,908 1,348 1,324 (20) 1,728 (43) 19,919 (3,300) (1,233) (268) (252) (98) (286) (5,437) 10,374 675 1,080 1,072 (118) 1,442 (43) 14,482 604,288 50,949 220,806 24,386 24,922 35,357 (24,996) 935,712 575,475 41,689 206,367 19,451 7,053 18,800 (24,866) 843,969 7,569 4,542 (48) 12,063 (183) 365 182 1,809 579 519 56 30 689 (43) 3,639 902 275 251 52 48 466 1,994 (13) 94 184 1 67 333 149

20091231 2008 62,089 27,014 89,103 (980) (4,833) (5,813) (127) (892) (1,019) 60,982 21,289 82,271 3,814 529 4,343 (529) 529 206 1,229 374 (33) 1,776 7 26 (33) 21,483 1,976 32 370 918 1,458 (529) 25,708 416 9 (12) 98 18 (529) (5,952) (20) (196) (130) (762) (446) (7,506) (374) (40) 18 (4) (66) 1 (465) 1,679 110 19 6 1 1,251 (677) 2,389 284 4 389 (677) 77,818 23,315 3,893 1,471 91 2,638 (710) 108,516 (5,715) (5,715) (19,306) (15,624) (34,930) 781 2,771 3,552 (11,918) (1,819) (13,737) 649 178 827 (5,421) (5,421) (23) (23) (5,823) (3,029) 203 (8,649) (4) (199) 203 (459) (1,538) (273) (82) (36) (149) (2,537) (7,297) (4,660) (1,828) (688) 180 (613) 485 (14,421) (326) (35) (12) (6) (86) (20) 485 171 1,471 1,642 (130) (421) 1 (550) (1) 1 (3,300) (47) (16) (432) 21 (3,774) (14) (7) 21 (25,113) (286) (269) (9) (409) (34) (26,120) (82,881) (22,606) (2,386) (779) (265) (1,649) 710 (109,856) (5,063) 709 1,507 692 (174) 989 (1,340) 36 20 31 3 24 114 (25) (15) (161) (9) (48) (2) (260) (5,052) 714 1,377 686 (222) 1,011 (1,486) 3,588 (214) 67 (136) 34 (218) 3,121 (1,464) 500 1,444 550 (188) 793 1,635 476,097 38,200 146,072 13,730 31,909 19,368 (20,812) 704,564 464,499 31,543 137,283 9,885 7,034 7,909 (20,748) 637,405 4,150 1,366 (48) 5,468 25 25 2,270 2,061 529 180 84 397 5,521 685 200 119 23 39 227 1,293 6 (52) 196 10 160 150

1. 20091231 20081231 512 574 60,236 28,760 12,258 5,782 24,806 20,103 17,562 12,829 7,244 7,274 16,759 2,266 462 102,775 51,703 20091231 13.5%2008123113.5%5%200812315% 200912314120081231 14 2009123143820081231839 2. 20091231 20081231 541 51 1,311 1,126 1,852 1,177 20091231 151

20091231 3. 20091231 20081231 4,168 3 300 310 4,468 313 (9) 4,468 304 4. 20091231 20081231 1,659 3,660 216 7,510 2,411 4,503 6,817 4,931 14,495 18,784 3,528 3,566 29,126 42,954 7,722 12,662 21,404 30,292 29,126 42,954 200912311,6152008123132,208 9420081231 1,615 152

5. 20091231 64 1 202 3 554 7 831 1 51 1 68 6 669 9 1,101 10 20081231 18 1 223 15 215 1 194 1 54 5 137 10 547 249 424 17 964 265 6. 20091231 20081231 2,640 9,159 11,108 3,915 1,000 14,748 13,074 14,748 13,074 200912311,000 20081231 153

20091231 7. 20091231 20081231 2,946 1,434 326 296 5,852 4,753 144 1 9,268 6,484 (49) 9,268 6,435 200912311102008123149 8. 20091231 20081231 2,905 2,694 1,671 1,718 4,576 4,412 5% 20091231 20081231 33 4,397 4,059 31 1 167 240 1 12 113 4,576 4,412 154

8. 20091231 128 2.8% (7) 5.5% 4,526 97.2% (71) 1.6% 4,654 100.0% (78) 1.7% 20081231 128 2.8% (15) 11.7% 4,445 97.2% (146) 3.3% 4,573 100.0% (161) 3.5% 20091231 20081231 127 152 2.8% 3.4% 0 2.6 0 3.5 9. 20091231 20081231 99 2,397 3,183 9 86 142 2,483 3,325 5% 155

20091231 9. 20091231 1,390 55.7% (8) 0.6% 1,105 44.3% (4) 0.4% 2,495 100.0% (12) 0.5% 20081231 2,090 62.5% (4) 0.2% 1,252 37.5% (13) 1.0% 3,342 100.0% (17) 0.5% 20091231 20081231 705 1,004 555 467 Munich Reinsurance Co. 209 132 Allianz SE Reinsurance 102 245 Aon Limited 86 182 1,657 2,030 66.7% 61.1% 0 1.5 0 5 156

10. 20091231 20081231 2,009 1,902 2,443 2,689 220 190 311 278 4,983 5,059 11. 70%80% 63.60%9.00%200812315.85%9.00% 12. (1) 20091231 20081231 5,548 2,592 22,634 18,000 4,898 3,874 69,342 46,635 7,569 3,784 109,991 74,885 (211) (215) (720) (510) (931) (725) 109,060 74,160 157

20091231 12. (2) 20091231 20081231 460 0.42% 156 0.21% 228 0.21% 419 0.56% 13,074 11.89% 10,278 13.73% 2,891 2.63% 3,807 5.08% 9,096 8.27% 5,759 7.69% 10,808 9.83% 8,926 11.93% 4,872 4.43% 5,589 7.46% 5,768 5.24% 3,964 5.29% 33,080 30.07% 24,466 32.67% 29,714 27.01% 11,521 15.38% 109,991 100.00% 74,885 100.00% (3) 20091231 20081231 65,530 59.58% 52,603 70.25% 44,149 40.14% 22,009 29.39% 312 0.28% 273 0.36% 109,991 100.00% 74,885 100.00% (4) 20091231 20081231 29,665 19,563 25,603 16,978 38,724 30,053 15,999 8,291 109,991 74,885 158

12. (5) 20091231 3 31 13 3 491 207 53 87 838 42 2 6 3 53 639 92 105 23 859 8 1 5 14 1,180 302 169 113 1,764 20081231 3 31 13 3 296 56 17 88 457 56 200 19 9 284 1,067 240 60 22 1,389 96 241 8 345 1,515 737 104 119 2,475 (6) 20091231 20081231 107,973 98.17% 70,900 94.68% 1,360 1.23% 3,477 4.64% 109,333 99.40% 74,377 99.32% 238 0.22% 184 0.25% 134 0.12% 187 0.25% 286 0.26% 137 0.18% 658 0.60% 508 0.68% 109,991 100.00% 74,885 100.00% 159

20091231 12. (7) 2009 2008 215 510 725 289 247 536 18 210 228 (43) 263 220 (10) (10) (20) (20) (12) (12) (10) (10) (1) (1) 211 720 931 215 510 725 13. 20091231 20081231 14,750 18,124 11,460 18,401 74,844 63,905 77,480 80,114 18,426 11,312 43,273 20,310 1,203 70 241,436 212,236 71,855 45,881 169,581 166,355 241,436 212,236 2009123123,779200812316,945 10620081231 23,779 160

14. 20091231 20081231 88,462 75,542 440 440 83,015 36,800 46,681 13,720 218,598 126,502 218,598 126,502 32,921 31,655 185,677 94,847 218,598 126,502 221,441 135,621 2009123135,202200812311,830 34,647 161

20091231 15. 2009 176 185 10 195 557 495 128 18 641 113 86 25 111 1,026 1,102 (115) 987 40 618 568 (101) 467 6,066 2,432 3,634 6,066 453 473 (20) 4 457 20 100 100 (3) 97 27 27 (1) 26 826 1,778 372 2,150 400 400 3 403 275 275 19 294 22 63 63 6 69 64 64 (15) 49 20 20 (1) 19 40 37 (8) 3 32 361 461 (100) 361 442 442 442 64 64 64 371 96 30 198 324 47 10 12,062 6,025 1,909 5,096 224 13,254 47 92 162

15. 2008 176 169 16 185 557 541 (46) 495 113 105 (19) 86 1,026 308 718 76 1,102 618 618 (50) 568 2,432 2,432 2,432 452 452 21 473 39 39 (39) 100 100 100 27 27 27 220 220 (220) 157 157 (157) 461 461 461 182 50 46 96 100 6,560 2,207 3,820 (2) 6,025 100 163

20091231 15. 20091231 95,000,000 91,875,208 24% 250,000,000 151,195,839 49% 32,124,448 32,124,448 45% 2,600,190,000 2,600,190,000 30% 110,000,000 110,000,000 49% 16,000,000,000 15,406,000,000 39.375% 10,000 10,000 30% 75,000,000 75,000,000 20% 200,000,000 200,000,000 50% 300,000,000 90,000,000 30% 164

15. 20091231 2,033,515,700 2,033,515,700 41% 549,396,700 549,396,700 19% 34,375,000 34,375,000 40.6% 96,600,000 96,600,000 35% 179,123,797 179,123,797 27.93% 2,000,000 2,000,000 50% 16. 2009 256 256 328 328 137 137 66 66 48 48 38 41 79 617 297 914 617 297 914 165

20091231 16. 2008 313 15 328 137 137 66 66 94 (46) 48 38 38 610 53 (46) 617 610 53 (46) 617 5 17. 20091231 20081231 4,760 4,760 800 800 540 200 100 100 6,200 5,860 20% 200920091020 2009122920091386 2010112 166

18. 2009 7,143 201 7,344 222 222 138 138 (49) (49) (177) (177) 7,326 152 7,478 728 39 767 207 4 211 (10) (10) (53) (53) 882 33 915 26 26 (12) (12) 14 14 6,430 119 6,549 6,389 162 6,551 9,560 301 9,861 8,478 162 8,640 167

20091231 18. 2008 4,506 205 4,711 1,704 1,704 1,367 1,367 (135) (135) (4) (4) (299) (299) 7,143 201 7,344 593 36 629 169 4 173 (26) (26) (1) (1) (8) (8) 728 39 767 31 31 (5) (5) 26 26 6,389 162 6,551 3,882 169 4,051 8,478 162 8,640 5,846 169 6,015 20091231 4412008367 720087 200912312,226200812311,970 1,721200812311,560 200912311,653200812312,983 168

19 2009 4,280 2,804 566 2,676 10,326 1,021 664 17 89 1,791 28 631 157 1,851 2,667 790 84 (1,075) (201) (138) (138) (433) (260) (61) (292) (1,046) 5,548 3,923 679 3,249 13,399 1,028 1,252 284 2,564 230 334 12 576 224 515 68 807 (97) (254) (53) (404) 1,385 1,847 311 3,543 146 11 157 6 6 (49) (49) 103 11 114 4,060 2,076 368 3,238 9,742 3,106 1,552 282 2,665 7,605 169

20091231 19 2008 4,055 2,412 491 3,472 10,430 2 17 19 108 782 122 1,777 2,789 4 32 (1,592) (1,556) 135 135 (22) (424) (47) (998) (1,491) 4,280 2,804 566 2,676 10,326 840 1,305 274 2,419 172 301 51 524 26 26 (10) (354) (41) (405) 1,028 1,252 284 2,564 148 11 159 5 5 (7) (7) 146 11 157 3,106 1,552 282 2,665 7,605 3,067 1,107 217 3,461 7,852 20091231532008123176 200812317520081231 170

19. 2009123115720081231544 20091231 2009 2,655 591 434 1,025 38.61% 2,794 854 505 (440) 919 (1,276) 94.31% 711 585 75 660 92.83% 382 337 (50) 287 88.22% 8,320 21 98 119 1.43% 1,143 146 31 (177) 441 281 7 (288) 187 89 364 (207) (205) 228 2,665 89 1,851 (874) (493) 3,238 (1,276) 2008 3,200 299 292 591 18.47% 2,730 2,115 15 (1,276) 854 78.02% 711 585 585 82.28% 402 146 146 36.32% 441 281 281 63.72% 286 134 83 (91) (126) 913 392 (36) (1,061) 208 3,461 1,794 (36) (1,367) (1,187) 2,665 171

20091231 20. 2009 7,426 2,276 751 10,453 349 2,212 104 2,665 19 282 301 49 49 (2) (2) 7,426 2,693 2,212 1,135 13,466 467 151 332 950 10 37 47 324 61 37 194 616 10 10 (1) (1) 791 232 37 562 1,622 3 3 3 3 6,635 2,458 2,175 573 11,841 6,959 2,122 419 9,500 172

20. 2008 2,754 818 453 4,025 4,672 144 4,816 1,310 301 1,611 4 4 (3) (3) 7,426 2,276 751 10,453 104 104 193 401 100 100 263 46 142 451 1 1 (3) (3) 467 151 332 950 3 3 3 3 6,959 2,122 419 9,500 2,650 711 260 3,621 200912317619 200912313,535200812313,830 200912311,242200812311,807 173

20091231 20. 2,212 21. 20091231 20081231 7,001 11,679 (1,007) (472) 5,994 11,207 2009 300 (373) (73) 329 6,413 (132) (1,628) 4,653 (17,885) 4,543 (2,283) (499) 1,761 (7,933) (49) 194 (492) (347) 3,364 11,207 (2,594) (2,127) (492) 5,994 (22,125) 2008 (1,067) 1,367 300 (1,493) (5,981) 6,062 6,332 6,413 (25,958) 6,028 (1,265) (220) 4,543 (21,947) 378 (203) (224) (49) 197 (642) 5,961 6,112 (224) 11,207 (49,201) 174

22. 20091231 20081231 38 576 24 51 3,569 3,424 171 262 954 764 534 439 5,866 4,940 (169) (222) 5,697 4,718 5% 20091231 20081231 11 2,452 2,878 12 2 470 120 23 3 330 120 3 255 215 3,507 3,333 175

20091231 22. 20091231 664 18.6% (46) 6.9% 1,040 29.1% (8) 0.8% 1,865 52.3% (8) 0.4% 3,569 100.0% (62) 1.7% 20081231 1,960 57.3% (83) 4.2% 1,028 30.0% (5) 0.5% 436 12.7% (3) 0.7% 3,424 100.0% (91) 2.7% 20091231 20081231 121 1,375 3.45% 41.25% 1 1 20091231 20081231 148 175 23 87 171 262 (107) (131) 64 131 11200887 1 20092008 176

23. 2009 236 129 36 (31) (124) (155) 246 725 236 (8) (22) (30) 931 100 (53) (53) 47 2 2 109 109 24,487 430 (1,062) (1,062) 23,855 26 (12) (12) 14 157 6 (49) (49) 114 3 3 222 5 117 (17) (158) (175) 169 26,065 142 819 (56) (1,480) (1,536) 25,490 2008 322 (81) (5) (86) 236 536 263 (43) (31) (74) 725 119 (19) (19) 100 98 87 (14) (62) (76) 109 25,887 (1,400) (1,400) 24,487 31 (5) (5) 26 159 (2) (2) 157 3 3 451 27 (6) (250) (256) 222 1,719 26,264 (144) (1,774) (1,918) 26,065 177

20091231 24. 20091231 20081231 4,536 3,071 400 75 5,011 3,071 1920 25. 20091231 20081231 21,728 10,172 3,196 7,032 24,924 17,204 26. 20091231 20081231 9,361 6,079 415 491 499 490 126 285 606 68 11,007 7,413 1,608 1,356 23 3 9,344 6,039 32 15 11,007 7,413 178

27. 28. 20091231 20081231 59,067 40,345 94 220 1,000 203 559 60,364 41,124 461314 29. 20091231 20081231 45,732 32,471 9,764 7,339 50,792 33,216 9,757 7,623 116,045 80,649 30. 20091231 20081231 11,803 6,193 1,689 736 13,492 6,929 31. 5%1 179