1933 27A1934 21E i

: 2688 (1) (2) 1 7 8 452012 7 6 5 N-1 N-3 183 17M 48 2012 5 31

1933 27A1934 21E i

................................................................ 1................................................. 8........................................................... 9..................................... 9............................................ 10 A.................. 12 B 14.67A.. 34 C.............................. 36 D.............................. 39 E.................................. 43 F........................................ 44 G............................................. 45.................................... I-1................................ II-1................................ III-1................................ IV-1..................... V-1............................................. VI-1................................................... N-1 ii

384 2011 2011 3 31 2003 2 6 0.01 2688 1

EBIT EBITDA EBIT 2011 12 12 2

0.1 2011 12 12 3

2011 12 6 2012 5 25 18 (i) 2012 3 31 (ii) 2012 3 31 (iii) 2011 12 12 4

A 8.24 5

A 571 386 600028 SNP 6

16,657,000,000 (a) (b) (c) (d) % 7

2688 Ugland House P O Box 309 South Church Street George Town Grand Cayman Cayman Islands British West Indies 89 1 3101 04 A 8

(1) (2) (a) 2011 12 7 (i) (ii) (b) 2011 12 12 1995 8 22 384 9

(a) (b) A 3. 14.07 100%14 14 (6) (7) A B 14.67A C D E F G 10

2011 12 31 2011 3 31 2011 9 30 N-1 N-3 11

A 1........................................ 3.50 13 (A) 0.71................................ 2.79 (B) 0.80................................ 2.70 (C) 1.50................................ 2.00 12

A (D) 1.52................................ 1.98 (E) 2.10................................ 1.40 (F) 2.32................................ 1.18 (G) 2.60................................ 0.90 55% 45% A 3. 13

A 55%45% 13 55% 45% 14

A (%) 2.80 25.0% 5 2.81 24.7% 10 2.77 26.5% 20 2.66 31.5% 30 2.50 40.1% 60 2.27 54.0% 4,383,055,098 210,000,000 3.50 14,605,692,843 15

A 2012 1 18 586,144,000 0.71 163,700,000 0.80 11,910,000 1.50 124,800,000 1.526,500,000 2.10 270,734,000 2.323,000,000 2.605,500,000 1,138,867,600 15,744,560,443 586,144,000 11.80% 16,657,196,843 912,636,400 16

A 9,161,458,264 8,659,508,244 9,184,866,264 ( ) 14 (1) (a) (2) (a) (b) 17

A (3) (4) (1), (2), (3) (4) (5) (5) (1) (a) 2012 4 1 90 (5)A 4. 18

A 2012 4 30 2012 7 6 (a) 50% (b) (c) (i) (ii) (iii) (d) 19

A (e) (f) (a) (d) 30.12 60 7 20

A 25% 52% 50% 100% 90% 2.11 25% (a) (b) 25% 25% 25% 25% 55% 45% 21

A 2. 2011 12 12 (a) (b) 55% 45% 55% 45% 22

A 18 (a) (i) (ii) (b) (i) 5%(ii) 50% 1 23

A 24

A (i)(ii) (a) (b) (c) (d) (e) 10% (f) 25

A 3. 2011 12 31104 592382011 9 30 20 151 9 112 1 44 2011 9 30 62,494,950 18,983,808 1,428 40,553 26

A 4. 5. 55% 2011 12 12 ENN Gas Investment Group Limited A B 27

A A B 2009 11 9 150,000,000 A (i) 2012 8 31 (ii) (iii) A (iv) B (i) 2012 2 20(ii) B 28

A A A B 2012 5 312012 4 18 B 2012 6 30 250,000,000 (a) 3,500,000,000 (b) 250% (c) EBITDA 2.5 1.0 (d) 40% 29

A 15% (i) 15% (ii) 40% (a) 20 30

A (b) A 25% 25% 2012 2 9 B 2009 11 9 150,000,000 31

A 6. 7. 50% 50% 32

A 25% 50% 2011 12 31 2011 12 31 8,840,000,000 26,888,000,000 18,048,000,000 2011 12 311,253,000,000 A 4. 2011 9 30 2011 9 30 10,335,000,000 31,450,000,000 21,115,000,000 2011 9 30 454,000,000 33

B 14.67A 14.69 14.67A(1) 14.69 1. 2. 14.67A(1) 2011 3 31 2011 9 30 3. 100% 14 25% 50% 50% 34

B 14.67A 18 14.67A(3) 14.67A(3) 45(1) (2) 35

C 1995 8 22 384 (A)(B) : (i) % (1) % (2) % (3) % 210,000,000 4.79 2,195,910,604 50.10 4,383,055,098 100.00 3,287,291,324 75.00 210,000,000 4.79 1,103,659,772 25.18 2,087,874,794 47.64 3,287,291,324 75.00 (4) (4) 0 0 1,092,250,832 24.92 2,295,180,304 52.36 4,173,055,098 95.21 2,187,144,494 49.90 0 0 1,095,763,774 25.00 4,383,055,098 100.00 4,383,055,098 100.00 4,383,055,098 100.00 4,383,055,098 100.00 (1) 50.1% (2) 25% (3) 75% (4) 25% 36

C (ii) % (1) % (2) % (3) % 210,000,000 4.23 2,489,568,748 50.10 4,969,199,098 100.00 3,726,899,323 75.00 0 0 1,253,762,811 25.23 2,617,559,504 52.68 3,726,899,323 75.00 (4) (4) 210,000,000 4.23 1,235,805,937 24.87 2,351,639,594 47.32 4,759,199,098 95.77 2,479,630,350 49.90 0 0 1,242,299,775 25.00 4,969,199,098 100.00 4,969,199,098 100.00 4,969,199,098 100.00 4,969,199,098 100.00 (1) 50.1% (2) 25% (3) 75% (4) 25% 37

C 2011 9 30 2011 9 30 20 151 9 112 1 44 2011 4 1 2011 9 303 2011 9 30 2011 9 30 2011 9 30 2011 9 30 2011 9 30 7167 670 1,410 38

D 1. 2000 7 20 2688 14.67A(1) 14.69 2012 4 30 495,827 * 4,619,742 * 4,456,746 1,326,486 35,278 474,027 20,000 11,428,106 * 2012 4 30 1,353,000,000 2012 4 30 39

D 14.67A(1) 14.69 A 12 2011 12 31 2011 2026 2011 40

D 2. 48 45 44 43 41 42 43 46 48 48 41 42 41

D 53 47 49 55 42 47 45 46 48 48 44 55 42

E 1. 14.07 100% 14.06(5) 14.49 2. 24 43

F N-1 N-3 2012 7 6 5 (1) (2) 183 17M 48 44

G A 1. 3. 2012 5 31 45

50% 14 I-1

14.67A 4 A 2012 5 31 B I-2

HCA608/2011 HCCL18/2011 2011 3 24 105,000,000 105,000,000 2.4% I-3

I-4

1. 2009 2010 2011 12 31 2011 12 31 2009 2010 2011 12 31 12 31 2011 2010 2009 15,067,537 11,215,089 8,412,880 2,327,341 1,810,965 1,383,358 (660,222) (409,800) (304,459) 1,667,119 1,401,165 1,078,899 (414,150) (388,078) (276,023) 1,252,969 1,013,087 802,876 313,276 297,018 200,158 15,517,002 12,711,953 10,541,637 693,552 487,683 323,880 1,733,579 1,361,265 1,015,641 8,944,085 5,078,648 4,753,798 (9,520,030) (7,488,474) (5,364,038) (8,528,209) (4,611,224) (4,844,376) 8,839,979 7,539,851 6,426,542 109,960 109,879 109,879 6,935,375 5,921,570 5,006,792 7,045,375 6,031,449 5,116,671 1,794,644 1,508,402 1,309,871 8,839,979 7,539,851 6,426,542 119.3 96.5 77.7 II-1

2. (i)2009 12 31 2010 3 312009 12 3175158(ii) 2010 12 31 2011 3 25 2010 12 3173168 (iii)2011 12 31 2012 4 112011 12 3178 160 2010 12 31 2010 12 318 2009 1 1 2009 12 31 2010 12 31 (www.hkex.com.hk) 3. II-2

2011 12 31 2011 12 31 2011 2011 2011 34.8 7.0% 9.7%2.7% 12.0% 11.7%2.0% 68.0%19.0%4.4% 8.6% 80.0% 2015 4.4% 8.3% 1.5%1.8% 68.0% 63.0% 2020 II-3

2009 2020 2005 40.0% 45.0% 2020 41.0% 28.0% 1,000 2020 5,000 504 20.0 25.0% 2020 43.0% 55.0% 60.0% II-4

2007 2008 8 29 2010 5 7 2011 10 9 1,000 10 2020 5,000 70.0% II-5

2011 12 31 2010 36.0% 38.5% 2011 18,854 115 1,029,727 17.6% 2011 2011 6,658,272 6,815,165 2011 15 5,314 80.0% 38.5% 2,796 II-6

5,1786,823,476 173 2011 23,501 25,273,724 23,969 25,767,276 2009 II-7

10 7.9% 53.7429.5% 50.11 31.6% 15.3% 66.8%28.7% 29.9% 72.1%72.9% 38.5% II-8

46 2719 5920 2011522 43587 5,294 158 36,325 1,543 592 5.5 2011 2011 20 19 26 13.0% 16.234.0% 3 2012 II-9

2011 1,174 12.0% 300 80 350300 2011 300 2012 300350 350 2015 500 II-10

30 262012 1,400 (IBM) II-11

2.6 17.1%4.9% 36,402 2010 47,919 24.0% 5.92 43.0% 3.9% 25.9% 11.1% 1.0% 1.4% 23.5% 22.7% II-12

2010 2.0% 50.0% 20059,500 5,700 2009 2011 1,927 6,000 II-13

2011 11 (ERP)(CCS)17 (CRM)2220 2011 98.0% IC 2011 4 14 II-14

2010 2011 65 11 2010 2011 2012 2011 87.7 2010 1.5 2010 2011 5110 39 2012 (COPC) II-15

2010 2611 13 21 1,031 II-16

57 80 2011 12 31 21,575 13 2011 12 31 106.72 2010 12 31 62.63 58.692010 12 31 28.51 33.49 2010 12 31 28.51 25.202010 12 31 54.3% 2010 12 31 45.3% 7.375% 2011 6 28 16.14 6% 2011 5 13 7.5 48.6399.274% 100% 6.0% 25.0% II-17

2011 12 31 106.72 2010 12 31 62.63 8.7854.39 1,100900 7.5 13 16.16 9,400 19.13 II-18

2010 12 31 2010 12 31 2010 32.5 5.9%5.3% 12.9% 18.2%13.1% 4.01% 69%20% 3.9%7% 80% 2015 3.9% 8.3%1.5% 1.8%69% 63% 2020 II-19

2009 2020 2005 40% 45% 2020 41% 28% 17 2012 20 25% 2020 43% 55% 60% II-20

2007 2008 8 29 2009 1 1 2010 5 7 II-21

2010 12 31 2009 32.4%36.0% 2010 16,340 100 23,970,000 875,744 11.1% 2010 2010 5,419,826 5,618,583 2010 11 46,868,000 80% 36.0% 2,854 II-22

4,178 4,619,944 177 2010 17,767 17,649,198 18,424 18,175,160 2009 11 90 46,868,000 15,623,000 6 II-23

2012 43.89% 892 2010 4,149,356,000 41.4% 3,807,605,000 44.7% 15.4% 72.1% 12.5% 23.2% 47.1% 34.0% 68.6% 72.0% 36.0% II-24

30 192 46 12 2010 385 7,630 294 31,031 1,385 12.5% 3 2011 1,048 18.2% 400 120 150 II-25

17 3503002011 2015 500 4 2011 2011 4.7 550 (IBM) II-26

47,919 2009 357,364 86.6% 26.9% 12.5% 3.3% 30.4% 27.2% 2010 2010 73.2% II-27

2009 4 2009 8 514,247 4,592 2011 IBM 30 (ERP) (CCS)616 (CRM)4 (PM) (HSE) 2010 153 90% II-28

352 70 50 2010 2011 2012 II-29

2009 74 2012 (COPC) 2010 27 5 896 II-30

36 57 2010 12 31 19,111 11 2010 12 312,851,300,0002009 12 31 2,712,661,0006,262,913,000 2009 12 31 5,884,509,000 45.2% 2009 12 3149.4% 7.375% 2005 8 5 200,000,000 1,614,040,000 100% 7.375% II-31

2010 12 316,262,913,0002009 12 31 5,884,509,000 375,000,000 2,474,905,000 13,401,000 11,404,000 200,000,000 800,000,000 1,431,858,000 48,861,000 2,379,349,000 2009 12 31 2009 12 31 2009 2009 6.3% 2009 30 9.2%3.8 7.1% 887 9.1% 36,973 6.2% 2009 (GDP)2.2% II-32

80% 69%20% 3.4% 7% 15% 2020 2005 40% 45%2020 2000 245 2009 887 15% 2010 520 17 2015 II-33

2010 2020 43% 55% 60% 2007 2008 8 29 2009 1 1 2010 II-34

2009 12 31 2008 27.0% 32.4% 2009 14,126 94 14,637,700 788,281 11.0%2009 2009 4,536,753 4,706,663 2009 II-35

4,360 80% 32.4% 2,682 2,7153,961,090 192 2009 13,583 13,024,142 II-36

14,020 13,486,437 7 794,357 1,452 6 2,939,832,000 14.3% 2,631,502,000 19.6% 17.7% 69.1% 13.2% 23.6% 11.8% 16.3% 68.6% 32.4% II-37

34 162 44 9 2009 361 5,425 267 23,401 1,091 13.2% 3 887 9.1% 400 120 2010 17 2015 II-38

2012 4 550 10 357,364 2008 599,567 40.4% II-39

30.2% 12.8% 3.0% 2.3% 40.4% 1%57.1% 21.4% 68.6% 2.4% 12.6% 10.2% II-40

4 8 281 542010 IBM 20092008 500 7 II-41

2009 Annual International Galaxy Awards 2009 2 II-42

2009 12 31 16,856 12 2009 12 312,712,661,0002008 12 31 1,725,358,0005,884,509,000 2008 12 31 5,403,140,000 49.0% 2008 12 3167.6% II-43

25,000,000 2004 5 18 Xinao Group International Investment Limited 27% 50% 2009 12 3131.75% 25,000,000 7.375% 2005 8 5 200,000,000 1,614,040,000 100% 7.375% 2009 12 315,884,509,0002008 12 31 5,403,140,000 360,000,000 2,443,721,000 15,566,000 13,706,000 200,000,000 800,000,000 II-44

1,609,706,000 49,478,000 675,796,000 46 38 II-45

1. 3 7,912,488 6,537,141 (6,288,503) (5,302,909) 1,623,985 1,234,232 173,879 135,676 4 (16,626) (172,683) (303,558) (285,553) (366,890) (341,939) 5 (442,252) (302,025) 28,726 27,950 697,264 295,658 6 (253,642) (171,929) 7 443,622 123,729 III-1

107,143 365 (7,845) 595 99,298 960 542,920 124,689 373,608 92,984 70,014 30,745 443,622 123,729 453,979 93,944 88,941 30,745 542,920 124,689 8 8.52 2.69 8 8.02 2.30 III-2

9 426,541 408,135 9 13,542,693 13,799,669 1,045,609 1,128,929 2,222,541 1,009,505 85,268 85,884 1,053,144 1,565,604 1,229,831 1,401,675 415,897 600,040 271,996 163,166 55,591 133,627 91,835 91,466 20,440,946 20,387,700 1,815,908 1,076,525 186,607 166,884 10 2,749,244 2,388,040 241,680 92,115 35,572 34,283 9,008 11,948 1,526,576 1,647,444 4,444,051 5,081,589 11,008,646 10,498,828 III-3

11 4,695,756 4,508,076 358,801 285,728 8,049 32,122 188,982 149,592 13,254 12 8,196,975 7,312,837 13,448,563 12,301,609 (2,439,917) (1,802,781) 18,001,029 18,584,919 13 43,831 43,831 9,093,053 8,720,845 9,136,884 8,764,676 1,198,208 1,573,480 10,335,092 10,338,156 12 7,160,450 7,720,327 505,487 526,436 7,665,937 8,246,763 18,001,029 18,584,919 III-4

33,610 1,980,014 89,184 277,665 7,958 1,601 1,602 218,127 1,513,261 4,123,022 1,107,215 5,230,237 92,984 92,984 30,745 123,729 595 595 595 365 365 365 365 595 92,984 93,944 30,745 124,689 986 76,954 77,940 77,940 1,756 692,929 694,685 694,685 450,409 450,409 (30,063) (30,063) (61,077) (61,077) (61,077) (93,624) (93,624) 19,956 19,956 19,956 33,117 (33,117) 36,352 2,749,897 109,140 278,030 8,553 1,601 1,602 251,244 1,512,051 4,948,470 1,464,682 6,413,152 43,831 5,865,071 79,107 467,775 10,636 1,601 1,602 (43,511) 291,502 2,047,062 8,764,676 1,573,480 10,338,156 373,608 373,608 70,014 443,622 (7,845) (7,845) (7,845) 88,216 88,216 18,927 107,143 88,216 (7,845) 373,608 453,979 88,941 542,920 333 333 (421,147) (421,147) (96,395) (96,395) (96,395) (43,399) (43,399) 14,624 14,624 14,624 24,111 (24,111) 43,831 5,865,071 93,731 555,991 2,791 1,601 1,602 (43,511) 315,613 2,300,164 9,136,884 1,198,208 10,335,092 III-5

516,078 760,466 (1,338,638) (785,352) 123,880 108,121 (698,680) 83,235 5,081,589 3,872,316 61,142 4,444,051 3,955,551 4,444,051 3,955,551 III-6

1. 16 34 2. 24 32 14 19 1 3 10 1 11 1 12 1 13 1 1 2 19 1 27 1 28 1 1 2 3 III-7

3. L P G 3,367,891 1,212,634 3,053,972 277,991 7,912,488 482,251 663,424 47,661 (7,800) 1,185,536 38,442 (101,018) 24,073 23,933 (60,176) (442,252) 28,726 697,264 III-8

2,404,538 1,005,288 2,897,589 229,726 6,537,141 388,985 492,890 (106,465) (2,354) 773,056 71,996 (103,329) (178,590) 6,600 (302,025) 27,950 295,658 4. 24,073 (178,590) (2,982) (450) 23,933 6,600 (1,474) (243) (60,176) (16,626) (172,683) 0.41 394,000,000 56.33%46.96% 60,176,000 III-9

5. 265,206 157,809 162,630 143,409 427,836 301,218 (46,416) (32,275) 60,832 33,082 442,252 302,025 6. 258,781 177,885 (5,139) (5,956) 253,642 171,929 III-10

7. 307,291 237,908 17,786 15,649 23,738 13,833 (38,087) (33,667) 1,187 2,001 21,920 14,719 8. 373,608 92,984 4,383,055 3,451,754 276,272 583,775 4,659,327 4,035,529 III-11

9. 941,301,000 1,187,993,000 4,412,000 1,187,000 23,933,000 10. 30 180 0 180 862,789 680,125 181 365 79,555 101,498 365 316,093 337,081 1,258,437 1,118,704 (245,521) (237,692) 1,012,916 881,012 178,423 193,644 LPG 369,832 341,648 376,366 209,515 618,915 525,717 51,862 84,472 140,930 152,032 2,749,244 2,388,040 III-12

11. 0 90 1,615,228 1,368,367 91 180 162,295 220,427 180 657,574 606,434 2,435,097 2,195,228 208,807 363,808 105,902 263,178 63,945 46,659 78,931 61,271 600,464 494,281 1,118,187 929,962 55,418 74,747 6,764 17,399 23,448 22,241 38,095 4,695,756 4,508,076 12. 13. 4,996,374,0003,098,113,000 2.98 4,265,171,000 0.01 4,383,055 43,831 14. 191,962,000219,208,000 39,334,000 28,157,000 III-13

15. 284,463,00017,486,000 307,859,00042,394,000 47,080,000 41,980,000 28,524,000 40,012,000 143,154,000 127,041,0001,526,576,000 1,647,444,000 16. (i) (ii) (iii) (iv) (v) 60,689,000 61,275,000 6,262,000 4,889,000 13,679,000 47,182,000 274,0003,769,000 6,639,0004,733,000 III-14

6 15,861,880 10,211,959 (12,951,408) (8,095,667) 2,910,472 2,116,292 8 236,937 273,885 9 15,497 472,192 (600,495) (445,012) (846,200) (606,658) 10 (635,029) (522,677) 20 15,856 (114,402) 1,097,038 1,173,620 11 (315,716) (158,119) 12 781,322 1,015,501 2,678 7,958 262,444 1,240 265,122 9,198 1,046,444 1,024,699 625,896 875,636 155,426 139,865 781,322 1,015,501 821,928 884,834 224,516 139,865 1,046,444 1,024,699 16 16.31 26.19 14.60 23.13 III-15

17 408,135 343,158 295,127 18 13,799,669 11,084,805 9,154,271 19 1,128,929 938,713 848,607 20 1,009,505 957,709 1,000,966 22 85,884 82,838 41,995 29 9,759 23 1,565,604 900,577 684,467 24 1,401,675 1,254,675 320,297 600,040 254,751 276,197 30 163,166 68,966 46 133,627 63,218 39 91,466 88,155 56,890 20,387,700 15,915,140 12,811,001 26 1,076,525 564,163 540,898 27 166,884 103,265 219,993 28 2,388,040 1,871,061 1,285,698 29 2,909 1,261 30 92,115 138,236 243,250 19 34,283 25,933 14,647 31 11,948 15,468 11,544 32 1,647,444 489,103 847,759 32 5,081,589 3,872,316 2,048,698 10,498,828 7,082,454 5,213,748 III-16

33 4,503,034 3,182,020 2,603,313 29 32,122 782 27 285,728 239,316 121,743 149,592 146,162 51,733 30 13,254 23,867 37 5,042 34 7,312,837 5,332,060 3,218,798 12,301,609 8,923,425 5,996,369 (1,802,781) (1,840,971) (782,621) 18,584,919 14,074,169 12,028,380 35 43,831 33,610 33,336 8,720,845 4,089,412 3,189,934 8,764,676 4,123,022 3,223,270 1,573,480 1,107,215 758,858 10,338,156 5,230,237 3,982,128 29 360,087 37 356,591 356,591 34 7,720,327 7,984,046 7,079,124 38 14,823 39 526,436 503,295 235,627 8,246,763 8,843,932 8,046,252 18,584,919 14,074,169 12,028,380 III-17

36 36 i ii 33,336 1,951,564 56,314 285,553 1,601 1,602 111,910 781,390 3,223,270 758,858 3,982,128 1,240 7,958 9,198 9,198 875,636 875,636 139,865 1,015,501 1,240 7,958 875,636 884,834 139,865 1,024,699 32,870 32,870 32,870 184 14,196 14,380 14,380 90 14,254 14,344 14,344 332,935 332,935 (5,284) (5,284) (9,066) 9,066 (62) 62 43 (1,373) (1,373) 9,280 9,280 40(A)(i) (94,991) (94,991) (32,075) (32,075) (46,676) (46,676) (46,676) 106,217 (106,217) 33,610 1,980,014 89,184 277,665 7,958 1,601 1,602 218,127 1,513,261 4,123,022 1,107,215 5,230,237 III-18

36 36 i ii) 33,610 1,980,014 89,184 277,665 7,958 1,601 1,602 218,127 1,513,261 4,123,022 1,107,215 5,230,237 193,354 2,678 196,032 69,090 265,122 625,896 625,896 155,426 781,322 193,354 2,678 625,896 821,928 224,516 1,046,444 37,500 37,500 37,500 (39,113) 39,113 1,279 128,791 (8,464) 121,606 121,606 7,186 3,063,337 3,070,523 3,070,523 373,135 373,135 40(A) (43,511) (43,511) 14,353 (29,158) (3,244) 3,244 43(i) (3,448) (3,448) 42(A)(iv) 1,756 692,929 694,685 694,685 2,411 2,411 46(iii) (38,095) (38,095) (106,607) (106,607) (61,077) (61,077) (61,077) 73,375 (73,375) 43,831 5,865,071 79,107 467,775 10,636 1,601 1,602 (43,511) 291,502 2,047,062 8,764,676 1,573,480 10,338,156 (i) (ii) 50% III-19

1,097,038 1,173,620 (47,057) (44,645) 51,418 7,383 75,112 598,992 476,194 43,771 26,461 48,974 20,019 3,520 (11,798) 12,603 4,253 932 5,814 (141) (753) 1,190 2,042 635,029 522,677 (15,856) 114,402 (176,387) 37,500 32,870 (58,604) (34,891) 46,083 (372,755) (1,814) III-20

2,409,783 1,863,413 (419,221) 4,630 (42,772) 61,941 (263,058) (426,197) 7,874 (24,863) 106,111 747,792 (264,130) 17,530 117,573 (763) (17,823) (5,912) 3,105 2,418,516 1,456,497 (338,438) (98,556) 2,080,078 1,357,941 III-21

58,604 34,891 79,070 113,998 (163,528) (46,129) (410,900) (112,886) (2,896,689) (1,862,654) 1,806,575 2,221,310 (2,220) (1,780,605) (1,128,699) (156,911) (36,118) (3,743) (43,736) 21,127 6,169 7,748 41 (7,438) 42 172,061 (656,434) 40 (8,317) 44 (121) 32,519 43 (2,086) (1,180) 20 12,432 330 (47,619) (34,771) 193,727 10,784 (61,614) (152,679) 22,145 49,681 III-22

(146,544) (8,014) (133,627) (78,161) (48,068) (23,449) (3,510,879) (1,700,890) III-23

(626,880) (473,432) 3,192,129 14,380 (61,077) (46,676) 7,496,644 6,915,685 (6,804,496) (4,147,562) 7,731 262 (9,796) (12,990) 48,215 30,911 (386,303) (28,041) (11,212) 23,867 (94,991) 40 (22,988) 2,411 9,280 (106,607) (32,075) (143,828) 2,573,943 2,158,618 1,143,142 1,815,669 3,872,316 2,048,698 66,131 7,949 5,081,589 3,872,316 5,081,589 3,872,316 III-24

1. 53 2. 2 3 27 39 17 5 5 7 7 7 22,988,000 3 3 3 20,884,000 III-25

20,884,000 0.540.49 27 27 27 (i) 94,991,000 41,908,000 53,083,000 (ii)29,158,000 38,730,000 9,572,000 9,572,000 0.250.22 27 5 5 5 5 5 5 5 37,299,000114,943,000 59,523,000 5 III-26

5 17 17 17 17 17 17 21,994,000 20,468,000 18,942,000 17 (20,884) (9,572) (30,456) 9,132,277 21,994 9,154,271 11,064,337 20,468 11,084,805 885,248 (21,994) 863,254 985,114 (20,468) 964,646 3,103,855 114,943 3,218,798 5,294,761 37,299 5,332,060 7,194,067 (114,943) 7,079,124 8,021,345 (37,299) 7,984,046 III-27

17.10 15.31 (0.54) (0.49) (0.25) (0.22) 16.31 14.60 1 7 3 9 4 12 5 24 6 6 14 2 19 1 2 3 4 5 6 9 9 9 39 III-28

9 39 9 9 12 40 12 10 11 12 13 27 28 III-29

3. (i) (ii) III-30

39 1219 2 5 III-31

III-32

39 36 36 III-33

III-34

III-35

III-36

III-37

III-38

III-39

(a)(b) (c) III-40

III-41

III-42

III-43

4. 1,565,604,000 900,577,000 25 1,401,675,000 1,254,675,000 2,180,660,000 1,675,899,000 2,109,107,000 1,631,806,000 III-44

5. 34 37 38 35 85,884 82,838 11,948 15,468 9,908,507 5,667,985 12,668 32,122 III-45

2,012,124 796,306 4,797,837 4,232,459 25,215 43,758 232,982 451,622 69,725 62,234 5%5% 5%5% 5%5% 5%5% 5%5% 107,079 131,190 (946) (1,641) 8,737 16,936 114,870 146,485 34 37 38 III-46

32 34 100100 100100 62,086,000 87,870,000 10% 10% 10%10% 998,000 1,292,000 1,591,000 1,323,000 III-47

1,802,781,000 1,840,971,000 782,621,000 35,707,479,000 8,888,805,000 12,914,680,000 34 III-48

442,913 1,317,562 434,753 2,195,228 2,195,228 570,055 153,073 68,278 791,406 791,406 69,705 69,705 69,705 17,399 17,399 17,399 42(B)(iii) 21 23,448 23,448 23,448 33 38,095 38,095 38,095 6.77% 292,673 4,465,615 1,193,394 5,951,682 5,574,302 8.15% 59,523 1,222 19,433 3,765,685 4,214,053 3,844,707 11,904,623 9,458,862 2% 5,143 5,143 5,042 146,627 1,014,190 1,513,516 4,604,627 8,679,668 5,038,101 20,996,729 18,173,487 340,065 1,011,614 333,800 1,685,479 1,685,479 380,514 102,177 45,576 528,267 528,267 50,501 50,501 50,501 24,668 24,668 24,668 42(B)(iii) 21 23,448 23,448 23,448 78,161 78,161 78,161 6.05% 2,069,799 1,604,565 2,182,647 5,857,011 5,016,495 6.75% 37,299 230 24,954 3,601,534 3,021,148 3,487,515 10,172,680 8,299,611 2% 7,132 377,986 385,118 356,591 112,468 720,809 1,138,745 6,159,450 5,003,699 5,670,162 18,805,333 16,063,221 III-49

59,523,000 37,299,000 114,943,000 70,586,000 29 III-50

11,948 11,948 15,908 15,908 5,047 5,047 (32,122) (32,122) 27,856 (27,075) 781 12,668 12,668 15,468 15,468 13,230 13,230 3,494 3,494 28,698 16,162 44,860 6. 6,359,041 3,831,627 2,346,388 1,461,573 6,654,797 4,637,924 485,131 268,845 16,523 11,990 15,861,880 10,211,959 III-51

7. 56.33% 8 (i) (ii) (iii) (iv) (v) 5,582,934 2,086,497 6,654,797 485,131 1,035,998 15,845,357 692,146 1,046,494 (22,435) 2,638 92,410 1,811,253 16,523 57,493 (189,742) (614,391) 47,057 (44,790) (932) 753 (2,042) 15,856 1,097,038 III-52

15,845,357 16,523 15,861,880 3,831,627 1,461,573 4,637,924 268,845 10,199,969 587,271 645,212 74,471 10,499 1,317,453 11,990 49,279 (154,947) (522,677) 44,645 372,755 (5,814) (1,190) 141 302 176,085 (114,402) 1,173,620 10,199,969 11,990 10,211,959 III-53

3 15,000,601 1,238,994 3,533,330 299,042 2,236,507 22,308,474 401,890 175,788 34,349 1,009,505 82,930 91,466 11,948 308,904 1,633,466 4,827,808 30,886,528 549,785 2,228,266 698,570 112,788 1,198,521 4,787,930 715,058 136,781 14,361,182 5,042 510,257 32,122 20,548,372 III-54

12,495,032 894,068 3,168,140 191,065 16,748,305 343,158 143,280 34,224 957,709 82,838 88,155 15,468 12,668 210,370 489,103 3,872,316 22,997,594 407,159 1,382,981 899,068 193,792 2,883,000 562,203 146,162 13,316,106 356,591 503,295 17,767,357 III-55

214,966 3,969 218,935 218,935 611,040 611,040 611,040 149,534 149,534 149,534 1,680,672 224,311 1,904,983 4,019 1,909,002 10,654 (1,274) 9,380 (117) 9,263 73 3,267 3,340 3,340 48,974 48,974 48,974 29,649 13,273 42,922 849 43,771 419,443 176,219 595,662 3,330 598,992 7,383 7,383 7,383 112,087 15,766 127,853 127,853 181,548 34,562 216,110 216,110 954,397 954,397 954,397 1,042,912 207,406 1,250,318 12,713 1,263,031 3,694 559 4,253 4,253 20,019 20,019 20,019 12,772 12,895 25,667 794 26,461 319,309 150,707 470,016 6,178 476,194 51,418 51,418 51,418 75,112 75,112 75,112 176,387 15,856 (114,402) III-56

960 960 15,860,920 10,210,999 15,861,880 10,211,959 10% 787,807 609,363 86,443 19,259,377 15,125,025 12,556,707 20,047,184 15,734,388 12,643,150 III-57

8. 58,604 34,891 a 11,371 14,395 b 44,143 36,813 c 1,231 2,813 19,607 9,661 38,762 44,905 25,275 22,291 6,441 52,603 d 22,988 31,503 32,525 236,937 273,885 (a) (b) (c) (d) 12,254,000 26,296,000 20,818,000 10,517,000 11,071,000 22,988,000 III-58

9. 44 (932) (5,814) 20 753 (1,190) 43 141 (2,042) 41 302 42 176,085 47,057 44,645 (3,520) 11,798 27 (51,418) 28 (7,383) (75,112) 29 (46,083) 372,755 38 1,814 25,833 15,497 472,192 10. 253,259 212,909 340,897 278,393 38 3,045 39 597,201 491,341 101,664 111,032 (63,836) (79,696) 635,029 522,677 5.87%5.92% III-59

11. 322,951 192,985 39 (7,235) (34,866) 315,716 158,119 50% 12.5% (322,515) 95,670 1,419,553 1,077,950 1,097,038 1,173,620 (53,215) 15,786 354,887 269,487 301,672 285,273 (3,964) 28,601 (3,964) 28,601 31,222 25,694 12,244 17,859 43,466 43,553 (1,412) (61,548) (14,186) (57,603) (15,598) (119,151) 23,405 20,068 83,864 176,966 107,269 197,034 (117,129) (277,191) (117,129) (277,191) 315,716 158,119 315,716 158,119 16.5%16.5% 25% 25% III-60

12. 6,000 5,500 598,992 476,194 43,771 26,461 48,974 20,019 40,061 61,611 32,627 24,279 72,688 85,890 9,263 4,253 3,340 8,642 5,015 4,175 13 36,404 37,265 537,676 362,686 95,067 68,072 (28,264) (24,889) 640,883 443,134 4,977,184 2,771,000 6,089,737 4,042,734 688,341 439,402 465,848 219,496 12,221,110 7,472,632 2,314,000 1,671,000 (14,209) (10,319) III-61

13. 1813 vii 3,000 2,208 5,208 iii 648 324 201 3 1,176 vii 7,200 12 7,212 vii 7,200 12 7,212 300 1,794 2,094 480 660 1,794 12 2,946 iv 80 40 120 240 1,345 1,585 R.K. Goel v 1,231 1,231 ii 4 48 52 Rackets William Hugh ii 48 48 240 1,345 1,585 i 230 230 Mulham Al-Jarf i 230 230 P. K. Jain vi 480 1,345 1,825 480 1,345 1,825 480 1,345 1,825 5,684 15,608 1,024 14,049 39 36,404 (i) (ii) (iii) (iv) (v) (vi) (vii) III-62

3,000 1,428 4,428 7,188 2,679 12 9,879 7,188 5,358 12 12,558 300 1,032 1,332 468 160 1,032 12 1,672 120 774 894 R.K. Goel 774 774 120 774 894 Rackets William Hugh 124 774 898 120 774 894 240 774 1,014 240 774 1,014 240 774 1,014 4,504 14,844 8,197 9,684 36 37,265 (a) (b) (c) 14. 13 8,616 10,195 21 24 718 2,947 9,355 13,166 III-63

15. 3,000,0013,500,000 1 4,000,0014,500,000 1 5,000,0015,500,000 1 6,500,0017,000,000 1 0.017 0.014 61,077 46,676 0.022 0.017 96,427,000 16. 625,896 875,636 3,837,014 3,343,913 449,193 441,788 4,286,207 3,785,701 III-64

17. 295,127 41 3,386 44,645 343,158 10,082 2,220 42 5,618 47,057 408,135 105,880 78,420 302,255 264,738 408,135 343,158 27,460,000 22,020,000 19,597,00022,625,000 III-65

18. 1,169,693 4,858,494 1,950,637 1,543,869 98,436 184,049 9,805,178 2 23,896 23,896 1,193,589 4,858,494 1,950,637 1,543,869 98,436 184,049 9,829,074 63,019 19,173 1,077,523 29,115 32,039 42,162 1,263,031 82,309 609,460 307,782 46,491 5,001 7,703 127,775 1,186,521 968 3,961 11,198 41 31 95 16,294 (2,499) (7,814) (1,263) (1,281) (6,845) (19,702) (2,436) (25,906) (21,839) (350) (50,531) (27) (27) 147,767 662,854 (955,996) 145,375 1,485,153 6,143,692 2,365,238 1,741,789 133,849 227,164 127,775 12,224,660 51,351 261,090 86,372 78,984 5,675 10,957 8,410 502,839 111,237 138,541 1,335,782 80,951 35,916 85,257 121,318 1,909,002 79,448 539,959 267,891 69,195 4,043 31,258 991,794 (6,558) (11,917) (41,411) (5,112) (17,837) (82,835) (1,362) (1,362) (371) (599) (350) (1,383) (2,703) 290,073 1,044,367 1,733,450) 399,010 2,010,704 8,114,370 2,321,462 2,327,919 174,021 335,416 257,503 15,541,395 50,753 344,641 198,986 21,049 57,472 672,901 2 1,902 1,902 52,655 344,641 198,986 21,049 57,472 674,803 45,966 231,979 79,339 25,918 72,644 20,348 476,194 (2,064) (1,249) (167) (618) (5,182) (9,280) (148) (1,511) (202) (1,861) (1) (1) 96,557 575,223 276,647 46,146 124,934 20,348 1,139,855 4,758 28,747 14,492 2,017 5,140 1,246 56,400 75,464 280,480 178,975 16,015 26,228 21,830 598,992 (1,389) (774) (34,759) (1,313) (13,394) (51,629) (144) (1,261) (487) (1,892) 175,390 883,676 435,211 61,604 142,421 43,424 1,741,726 1,835,314 7,230,694 2,321,462 1,892,708 112,417 192,995 214,079 13,799,669 1,388,596 5,568,469 2,365,238 1,465,142 87,703 102,230 107,427 11,084,805 1,140,934 4,513,853 1,950,637 1,344,883 77,387 126,577 9,154,271 III-66

27,962 28,263 28,074 451,838 340,083 278,215 1,355,514 1,020,250 834,645 1,835,314 1,388,596 1,140,934 50 30 5% 10% 15% 50% 25% 7% 34% 63,836,000 79,696,000 99,472,000 137,687,000 105,497,000 64,411,000 108,428,000 51,906,000 49,324,000 III-67

19. 551,504 519,726 532,700 611,708 444,920 330,554 1,163,212 964,646 863,254 1,128,929 938,713 848,607 34,283 25,933 14,647 1,163,212 964,646 863,254 93,971,000 86,275,000 73,425,000 20. 719,641 684,208 (1,296) (1,296) 58,190 41,827 232,970 232,970 1,009,505 957,709 III-68

% % a 22.10 44.00 44.00 38.69 38.69 47.83 47.83 48.00 48.00 33.20 33.20 29.05 29.05 b 41.50 25.00 25.00 24.00 24.00 24.00 24.00 24.00 24.00 40.00 c III-69

(a) (b) (c) 528,00021,000 11,904,000732,000 47,619,000 4,372,396 4,060,486 (2,010,202) (1,864,661) 2,362,194 2,195,825 1,009,505 957,709 1,493,154 1,245,587 (281,195) 23,825 (256,842) 15,856 (114,402) 281,195,000 III-70

21. % % c 49.0 50.0 50.0 50.0 50.0 51.0 51.0 a 49.0 49.0 50.0 50.0 50.0 50.0 China Oman Energy Company Limited 50.0 50.0 51.0 51.0 49.0 49.0 49.0 49.0 40.0 40.0 b III-71

(a) (b) (c) 10,207,000 11,732,0001% 41 43 44(i) 1,024,210 811,744 3,371,694 3,377,212 1,274,550 1,052,969 802,121 812,797 2,031,638 1,339,183 1,862,207 1,193,430 III-72

22. 15,908 13,230 64,929 66,114 5,047 3,494 85,884 82,838 2,678,000 7,958,000 23. 684,467 40 15,504 42 200,606 900,577 53,987 42 611,040 1,565,604 1,565,604 900,577 25 III-73

24. 314,941 15,000 13,637 343,578 42 954,397 954,397 1,269,338 15,000 13,637 1,297,975 47,160 1,231 536 487 49,414 42 89,316 60,218 149,534 1,405,814 61,449 15,536 14,124 1,496,923 18,738 3,294 1,249 23,281 17,838 1,500 681 20,019 36,576 4,794 1,930 43,300 2,634 48 207 85 2,974 45,017 1,776 1,500 681 48,974 84,227 1,824 6,501 2,696 95,248 1,321,587 59,625 9,035 11,428 1,401,675 1,232,762 10,206 11,707 1,254,675 III-74

25. Clever Decision Enterprise Limited 146,777 141,716 46,402 44,802 16,095 15,540 68,337 65,981 Positive Rise Energy Limited 103,660 100,086 55,605 53,688 Brilliant China Investments Limited Brilliant China 103,433 99,866 15,462 14,931 28,105 27,136 31,482 30,396 20,776 577,947 107,178 70,516 218,373 210,843 25,972 25,076 1,565,604 900,577 3%3% 5%5% 14% 16% 15% 17% III-75

26. 367,341 133,134 282,516 135,315 31,349 11,228 395,319 284,486 1,076,525 564,163 27. 427,427 727,364 (546,271) (863,415) (118,844) (136,051) 166,884 103,265 (285,728) (239,316) (118,844) (136,051) 929,962,000 430,269,000 33 51,418,000 III-76

28. 1,118,704 820,144 (237,692) (221,497) 881,012 598,647 193,644 100,278 341,648 306,555 209,515 150,151 595 66,107 23,599 24,541 106,328 43,260 395,195 345,742 84,472 212,050 152,032 23,730 2,388,040 1,871,061 30-180 0 180 680,125 480,797 181 365 101,498 74,793 365 99,389 43,057 881,012 598,647 680,125,000480,797,000 7,383,000 75,112,000 III-77

221,497 146,079 8,812 306 7,383 75,112 237,692 221,497 200,887,000 117,850,000 270270 180 365 101,498 74,793 365 99,389 43,057 200,887 117,850 III-78

29. 9,759 2,909 32,122 1,750,000,000 6.60 6.65 2 10 30 100,000,000 +1.40 2 10 30 56.33% 38(i) (ii) 46,083,000372,755,000 III-79

30. 163,166,000 77,361,000 5.31 5.56 5.316.93 92,115,000 60,875,000 18030180 163,166,000 31. 11,948 15,468 32. 0.03 1.830.031.71 1,647,444,000 489,103,000 1.104.12 1.00 3.47 2,012,124 25,215 796,306 43,758 III-80

33. 0 90 1,368,367 1,058,186 91 180 220,427 245,035 180 606,434 382,258 2,195,228 1,685,479 222,123 128,572 263,178 154,119 62,013 57,392 79,672 85,512 46,659 47,481 61,271 55,191 494,281 361,227 929,962 430,269 69,705 50,501 17,399 24,668 42(B)(iii) 23,448 23,448 46(iii) 38,095 42(B)(vii) 78,161 4,503,034 3,182,020 3,706,000 4,469,000 3,224,000( 9,136,00090 90 III-81

34. 11,672,079 10,640,014 7,741,596 2,173,505 1,686,715 1,586,521 6,593 7,566 11,904 1,160,163 763,635 669,138 20,824 218,176 288,763 15,033,164 13,316,106 10,297,922 10,690,492 8,250,069 7,563,605 4,342,672 5,066,037 2,734,317 15,033,164 13,316,106 10,297,922 7,253,314 5,294,761 3,103,855 503,059 662,620 355,753 3,500,997 3,025,857 2,315,975 3,716,271 4,295,569 4,407,396 14,973,641 13,278,807 10,182,979 59,523 37,299 114,943 15,033,164 13,316,106 10,297,922 (7,312,837) (5,332,060) (3,218,798) 7,720,327 7,984,046 7,079,124 III-82

5,574,302 5,016,495 7,392,080 1.5 3,064,922 2,706,958 2,072,957 6,393,940 5,592,653 832,885 15,033,164 13,316,106 10,297,922 ) 3.208.33 2.107.83 4.739.56 3.848.00 4,797,837 227,940 4,232,459 95,031 III-83

35. 0.01 1.00 9,000,000 90,000 124,902 124,902 214,902 3,333,614 33,336 33,336 49 18,410 184 184 i 9,012 90 90 3,361,036 33,610 33,610 49 127,911 1,279 1,279 ii 175,552 1,756 1,756 iii 718,556 7,186 7,186 4,383,055 43,831 43,831 (i) (ii) (iii) 38 1.731 9,012,000 0.01 175,552,000 0.01 718,556,000 0.014.31 III-84

36. 277,665 285,553 193,354 1,240 (3,244) (9,066) (62) 467,775 277,665 7,958 2,678 7,958 10,636 7,958 37. 2 355,794,000 38. CQS Convertible and Quantitative Strategies Master Fund LimitedCQSCourtenay Enterprises LimitedCourtenay ) CQS Courtenay 40,000,000 1 1.731 127.070% 115.314% 2562 35(i) 56.33% 42 15,600,000 2 0.70 130% III-85

1 10% 110% 130% 2 15% 120% 130% 15,600,000 18,507,000 143,828,000 32 39 (a) (b) (c) (d) (e) (f) 4.520.42 1.731 115.314% III-86

15,600, 000 38 0.70 a 52.53% b 1.78 c 0.38% 0.70 (a) (b) (c) 250 5.42 14,823 782 (1,261) 14,344 (14,823) (782) 1,261 (14,344) 10 39 39 (39) (39) 42 118,483 28,293 (4,945) 141,831 10 3,045 3,045 (527) (527) 374 919 1,293 (121,001) (28,667) 4,026 (145,642) 1,814,000 III-87

39. 471 24,234 158,114 (3,642) 56,450 (56,890) 178,737 41 426 426 42 88,152 182,691 270,843 9,289 (7,067) (3,633) (2,190) (31,265) (34,866) 471 33,949 239,199 (7,275) 236,951 (88,155) 415,140 969 8,543 8,463 (3,148) 14,827 42 745 9,837 1,656 12,238 10,298 (8,046) (4,531) (7,364) (163) 2,571 (7,235) 471 45,961 239,696 (11,806) 247,887 (91,466) 4,227 434,970 91,466 88,155 (526,436) (503,295) (434,970) (415,140) 2,232,546,000 1,304,871,000 2,180,660,000 1,675,899,000 71,553,000 44,093,000 2,109,107,000 1,631,806,000 1,321,405,000 985,949,000 III-88

40. (A) (i) 82,642,000 94,991,000 12.5% 53,083,000 (ii) (iii) 100,000,000114,942,000 54.2% 84.7% 20,000,000 22,988,000 13.3% 7,808,000 816,0005,354,000 40.5% 43.5% 1,764,000 (B) (i) (ii) 10,850,00012,471,000 4.5% 10,850,00012,471,000 9,486,000 7,235,7008,317,000 4% 6,018,000 III-89

41. 1% 10,207,000 11,732,000 1% 3,386 16,294 2,909 335 1,927 1,047 3,247 (8,958) (7,727) (426) 12,034 (302) 11,732 11,732 (11,732) 4,294 (7,438) 42. (A) (i) 24,000,000 27,586,000 90% 27,586 III-90

4,875 35 5,202 283 (2,032) 8,363 (837) 20,060 27,586 5,202,000 27,586 10% 837 (8,363) 20,060 27,586 (283) 27,303 III-91

926,0004,101,000 (ii) 10,000,000 11,494,000 90% 11,494 2,502 9,693 4 (2,088) 10,111 (1,011) 2,394 11,494 9,693,000 11,494 10% 1,011 (10,111) 2,394 III-92

11,494 (4) 11,490 165,0001,184,000 (iii) 6,780,0007,793,000 100% 7,793 45 796 173 270 (135) 1,149 6,644 7,793 173,000 III-93

7,793 (1,149) 6,644 7,793 (270) 7,523 717,00041,534,000 (iv) (i) (ii) (i) 1,111,934,142 56.33% (ii)140,712,000 98.60% 896,184,000 201,499 694,685 896,184 III-94

175,552,000 0.01 694,685,000 20,884,000 5,618 919,293 61,151 2,870 149,534 45,467 59,648 178,122 15,644 23,179 488,438 (400,013) (19,230) (13,574) (652,625) 38 (118,483) (23,348) (12,238) 709,453 (371,287) 558,018 896,184 III-95

178,122,000 15,644,000 896,184 43.67% 371,287 (709,453) 558,018 488,438 (201,499) 286,939 64,420,0001,035,998,000 (v) 28,728,000 33,020,000 100% 33,020 III-96

36,236 5,384 472 (19,875) 22,217 10,803 33,020 5,384,000 33,020 (22,217) 10,803 33,020 (472) 32,548 2,234,00012,268,000 III-97

(vi) 31,780,000 36,529,000 100% 36,529 28,843 873 314 1,311 515 (2,126) (6,322) 23,408 13,121 36,529 1,311,000 36,529 (23,408) 13,121 III-98

36,529 (515) 36,014 86,000524,000 16,192,370,000 791,473,000 III-99

(B) (i) 100% 7,465,7008,581,000 5,625 1,021 538 485 815 (3,104) 5,380 3,201 8,581 8,581 (8,581) 815 (7,766) 8,958,000491,000 (ii) 80% 54,500,000 62,644,000 20% III-100

128,259 1,034 46,400 199 (36,753) (83,943) 55,196 (17,628) 25,076 62,644 62,644 (62,644) 199 (62,445) 5,443,000 (iii) 385,254,000 Brilliant China 100% Brilliant China 100% 45.45% Brilliant China III-101

262,895 45,495 308,390 13,680 8,538 22,218 298,574 298,574 31,098 24,424 55,522 1,248 1,248 40,057 40,057 29,406 29,406 (99,532) (99,532) (46,897) (46,897) (158,039) (158,039) (88,152) (88,152) 73,916 288,879 362,795 (77,407) 99,866 385,254 385,254 (385,254) 29,406 (355,848) Brilliant China III-102

14% Brilliant China 98,855,000 21,732,000 (iv) 80% 74,122,00085,198,000 64,908 64,908 25,336 25,336 586 586 10,559 10,559 29,345 29,345 12,378 12,378 11,908 11,908 (48,539) (48,539) (31,264) (31,264) (2,640) (2,640) 64,658 7,919 72,577 (14,515) 27,136 85,198 85,198 (85,198) 11,908 (73,290) III-103

74,152,000 2,959,000 (v) 100% 97,000,000 111,494,000 112,917 112,917 13,250 15,721 28,971 12,091 12,091 3,553 3,553 6,854 6,854 1,164 1,164 (63,514) (63,514) (13,985) (13,985) (6,953) (6,953) 60,239 20,859 81,098 30,396 111,494 111,494 (111,494) 1,164 (110,330) III-104

10,114,000943,000 (vi) 80% 28,000,00032,184,000 168 168 8,133 8,133 45 45 174 174 15,179 15,179 (100) (100) (2,033) (2,033) 15,466 6,100 21,566 (4,313) 14,931 32,184 32,184 (32,184) 15,179 (17,005) III-105

139,000284,000 (vii) 60% 111,000,000127,586,000 20%33,000,00037,931,000 40% 122,700,000141,035,000 40% III-106

507,034 59,220 566,254 11,280 11,280 625,040 625,040 16,541 16,541 7,164 7,164 7,837 7,837 (432,254) (432,254) (39,046) (39,046) (171,065) (171,065) 78,556 513,195 591,751 (236,700) (176,085) 178,966 37,587 63,218 78,161 178,966 (37,587) 7,837 (29,750) 5 III-107

14% 60% 176,085,000 176,085,000 60% 20% 10,580,133,0001,080,039,000 III-108

43. (i) 1,362 15,878 17,240 (3,448) 13,792 13,792 13,792 (15,878) (2,086) (ii) 60% 5,600,0006,437,000 10,400,000 11,954,00060% 40% 60% 26 26 13,134 13,186 (1,373) 11,813 141 11,954 11,954 (13,134) (1,180) III-109

44. (i) 932,000 811 18,109 18,920 (932) 17,988 17,988 (18,109) 17,988 (121) (ii) 3,791,000 20,328 21,821 42,149 (3,791) 38,358 38,358 38,358 (21,821) 16,537 III-110

(iii) 49% 16,000,000 49% 28,342 796 937 18 (12,070) 18,023 (2,023) 16,000 16,000 16,000 (18) 15,982 45. 44,092 31,978 63,373 54,603 35,671 27,191 143,136 113,772 III-111

10,656 8,025 15,436 13,926 1,464 27,556 21,951 46. (i) (ii) (iii) 3,000,00023,250,000 530,000,000 100% 133,627,000 52(ii) 32,000,000 38,095,000 49% 51% 33 219,208,000 146,754,000 28,157,000 140,194,000 III-112

47. 41,980 27,220 307,859 318,543 42,394 18,575 127,041 138,729 40,012 86,817 1,647,444 489,103 2,206,730 1,078,987 48. 5% III-113

49. 10% 10% 10% 30% 1% 0.1% 5,000,000 2810 i iiiii III-114

3 5 6 3 1.9.2004 1.9.2004 8.30.2004 9.1.2004 1.8.2014 0.80 31,240,711 (4,300,000) 26,940,711 (10,000,000) (7,940,711) 9,000,000 10.6.2004 1 1 0.71 220,000,000 220,000,000 (90,000,000) 130,000,000 10.6.2004 10.6.2004 3.19.2005 3.20.2005 10.5.2014 0.71 7,400,000 (700,000) 6,700,000 (6,700,000) 2 10.20.2005 10.20.2005 10.19.2010 10.20.2010 10.19.2015 1.50 5,000,000 5,000,000 6,000,000 (5,000,000) 6,000,000 8.23.2007 8.23.2007 9.18.2008 9.19.2008 8.22.2017 2.32 3,000,000 3,000,000 8.3.2009 4 4 2.10 200,000,000 200,000,000 (100,000,000) 100,000,000 8.3.2009 8.3.2009 8.2.2011 8.3.2011 8.2.2014 2.10 37,000,000 37,000,000 (14,000,000) 23,000,000 9.17.2009 9.17.2009 9.16.2012 9.17.2012 9.16.2014 2.60 2,000,000 2,000,000 263,640,711 237,000,000 (5,000,000) 495,640,711 11,000,000 (219,000,000) (14,640,711) 273,000,000 1.9.2004 1.9.2004 8.30.2004 9.1.2004 1.8.2014 0.80 47,130,000 (10,250,000 36,880,000 33,970,000 2,910,000 10.6.2004 10.6.2004 3.19.2005 3.20.2005 10.5.2014 0.71 88,160,000 (3,160,000 85,000,000 51,000,000 34,000,000 2 10.20.2005 10.20.2005 10.19.2010 10.20.2010 10.19.2015 1.50 151,800,000 151,800,000 6,000,000) 21,800,000 124,000,000 1.27.2006 1.27.2006 1.26.2011 1.27.2011 1.26.2016 1.52 6,500,000 6,500,000 6,500,000 8.23.2007 8.23.2007 9.18.2008 9.19.2008 8.22.2017 2.32 3,000,000 3,000,000 3,000,000) 8.7.2008 8.7.2008 9.2.2009 9.3.2009 8.6.2018 1.77 1,500,000 1,500,000 1,500,000 8.7.2008 8.7.2008 9.2.2010 9.3.2010 8.6.2018 1.77 1,500,000 1,500,000 1,500,000 8.3.2009 4 4 2.10 100,000,000 100,000,000 100,000,000 8.3.2009 8.3.2009 8.2.2011 8.3.2011 8.2.2014 2.10 53,394,000 53,394,000 53,394,000 9.17.2009 9.17.2009 10.13.2009 10.14.2009 9.16.2014 2.60 5,000,000 5,000,000 (3,500,000) 1,500,000 9.17.2009 9.17.2009 9.16.2012 9.17.2012 9.16.2014 2.60 5,000,000 5,000,000 (2,000,000) 3,000,000 299,590,000 163,394,000 (13,410,000) 449,574,000 (11,000,000) (113,270,000) 325,304,000 563,230,711 400,394,000 (18,410,000) 945,214,711 (219,000,000) (127,910,711) 598,304,000 0.97 2.11 0.78 1.42 1.46 0.95 1.55 396,930,711 385,020,711 316,910,000 III-115

(1) 10 (2) (3) 4.11 3.48 (4) 15 (5) (6) Rackets William HughR.K. Goel 10 10 2 37,500,000 32,870,000 4 5 336,766,00091,966,000 III-116

2.1 2.6 2.1 2.6 a 57.86% 58.05% b 2.55 2.54 c 0.626% 1.66% 0.724% 1.502% d 0.667% 0.538% (a) (b) (c) (d) 260 50. 28 30 33 37 52 (i) (ii) (iii) (iv) (v) 143,186,000 126,359,000 13,633,000 8,506,000 8,000,000 9,922,000 71,054,000 174,262,000 3,455,000 7,132,000 III-117

30,932 37,740 60 48 15,128 12,631 46,120 50,419 51. (i) (ii) (iii) 7,934,000 816,000 5,354,000 40(A)(iii) 4.5% 10,850,00012,471,000 10,850,000 12,471,000 2,000,000 9,012,00035 52. (i) (ii) 0.41 394,000,000 56.33%46.96% 100% 46(ii) (i) 49% 259,000,000(ii) 49% 51% 270,300,000 III-118

53. % % 2 100 ## 100 ## Iwai s Holdings (Hong Kong) Limited 1,000 1,000,000 1 100 ## 100 ## 10,000 100 # 100 # 29,800,000 100 # 100 # 898,637,000 100 # 100 # 20,000,000 60 ## 60 ## 10,000 100 ## 100 ## 69,980,000 44,000,000 100 ## 100 ## 80 ## 80 ## III-119

% % 100,000,000 90 ## 90 ## 2,000,000 1,000,000 500,000 80 ## 80 ## 70 ## 70 ## 80 ## 80 ## 2,680,000 70,000,000 2,000,000 51 ## 51 ## 70 ## 70 ## 95 ## 95 ## Clever Decision Enterprises Limited 100 100 ## 100 ## 20,000,000 100 ## 100 ## 72,000,000 3,000,000 100 ## 100 ## 100 ## 100 ## III-120

% % 35,000,000 48,950,000 16,002,000 11,274,000 9,708,000 10,074,000 20,000,000 3,060,000 3,625,000 2,000,000 2,000,000 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 75 ## 75 ## 100 ## 100 ## 100 ## 100 ## III-121

% % 10,000,000 100 ## 100 ## 20,000,000 1,000,000 10,000,000 265,725,000 200,000,000 20,000,000 50,000,000 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 64 ## 64 ## 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## 133,330,000 18,000,000 5,060,000 100 ## 100 ## 100 ## 100 ## 100 ## 100 ## III-122

% % 183,800,000 30,000,000 10,000,000 80 ## 80 ## 80 ## 80 ## 80 ## 80 ## 220,000,000 100 ## 87.5 ## 100 ## 100 ## 500,000,000 ### 20,000,000 100 ## 2 87.5 ## 3,000,000 100 ## 2 87.5 ## 8,000,000 65 ## 2 56.9 ## III-123

% % 7,000,000 86 ## 2 52.5 ## 10,000,000 50.86 ## 2 44.5 ## 3 21,250,000 70 ## 2 61.25 ## Iwai Style Limited Limited 2 100 ## 100 ## 2 100 ## 100 ## 60,000,000 30,000,000 100 ## 100 ## 100 ## 100 ## III-124

% % 68,500,000 80 ## 80 ## Brilliant China 50,000 100 ## 100 ## 30,000,000 40,000,000 15,000,000 50,000,000 60,000,000 19,740,000 100 ## 100 ## 100 ## 100 ## 80 ## 80 ## 95 ## 95 ## 60 ## 60 ## 56.33 ## # ## III-125

(1) (2) 12.5% 40(A)(i) (3) 87.5% 50.86% 44.5% III-126

7 10,211,959 6,323,823 (8,095,667) (4,894,474) 2,116,292 1,429,349 8 273,885 225,756 9 295,805 (490,131) (445,012) (330,414) (606,658) (468,475) 10 (522,677) (409,800) 11 176,387 236,262 20 (114,402) 12,884 1,173,620 205,431 12 (158,119) (71,472) 13 1,015,501 133,959 7,958 8,452 1,240 12,993 9,198 21,445 1,024,699 155,404 875,636 103,679 139,865 30,280 1,015,501 133,959 884,834 113,994 139,865 41,410 1,024,699 155,404 16 26.19 3.11 19.82 2.93 III-127

17 343,158 295,127 18 11,064,337 9,132,277 19 957,655 869,075 20 957,709 1,000,966 22 82,838 41,995 29 9,759 23 900,577 684,467 24 1,254,675 320,297 254,751 276,197 63,218 30 68,966 39 88,155 56,890 15,913,614 12,809,475 26 564,163 540,898 27 103,265 219,993 28 1,871,061 1,285,698 29 2,909 1,261 30 138,236 243,250 19 27,459 16,173 31 15,468 11,544 32 489,103 847,759 32 3,872,316 2,048,698 7,083,980 5,215,274 33 3,182,020 2,603,313 29 782 27 239,316 121,743 146,162 51,733 30 23,867 34 5,294,761 3,103,855 8,886,126 5,881,426 (1,802,146) (666,152) 14,111,468 12,143,323 III-128

35 33,610 33,336 4,089,412 3,189,934 4,123,022 3,223,270 1,107,215 758,858 5,230,237 3,982,128 29 360,087 37 356,591 356,591 34 8,021,345 7,194,067 38 14,823 39 503,295 235,627 8,881,231 8,161,195 14,111,468 12,143,323 III-129

3636 i ii 33,314 1,949,866 49,333 283,690 (8,452) 1,601 1,602 77,694 751,924 3,140,572 545,435 3,686,007 1,863 8,452 10,315 11,130 21,445 103,679 103,679 30,280 133,959 1,863 8,452 103,679 113,994 41,410 155,404 6,981 6,981 6,981 22 1,698 1,720 1,720 204,899 204,899 14,175 14,175 (47,061) (47,061) (39,997) (39,997) (39,997) 34,216 (34,216) 33,336 1,951,564 56,314 285,553 1,601 1,602 111,910 781,390 3,223,270 758,858 3,982,128 33,336 1,951,564 56,314 285,553 1,601 1,602 111,910 781,390 3,223,270 758,858 3,982,128 1,240 7,958 9,198 9,198 875,636 875,636 139,865 1,015,501 1,240 7,958 875,636 884,834 139,865 1,024,699 32,870 32,870 32,870 184 14,196 14,380 14,380 90 14,254 14,344 14,344 332,935 332,935 (5,284) (5,284) (9,066) 9,066 (62) 62 43 (1,373) (1,373) 9,280 9,280 iii (94,991) (94,991) (32,075) (32,075) (46,676) (46,676) (46,676) 106,217 (106,217) 33,610 1,980,014 89,184 277,665 7,958 1,601 1,602 218,127 1,513,261 4,123,022 1,107,215 5,230,237 III-130

(i) (ii) (iii) 50% 82,642,00094,991,000 12.5% III-131

1,173,620 205,431 (44,645) (5,726) 14,947 51,418 36,864 75,112 53,883 474,668 333,914 27,987 20,614 20,019 12,685 (11,798) 4,253 27,564 5,814 (141) 1,190 522,677 409,800 114,402 (12,884) (176,387) (236,262) 32,870 6,981 (34,891) (59,290) (372,755) 366,320 (63,366) 1,863,413 1,111,475 4,630 55,114 61,941 26,668 (426,197) 194,450 7,874 23,843 (264,130) (454,357) 117,573 105,720 (17,823) 22,292 3,105 1,350,386 1,085,205 (98,556) (62,553) 1,251,830 1,022,652 III-132

34,891 59,290 15,000 173,980 (58,915) (112,886) (277,606) 358,656 33,530 (1,128,699) (1,423,094) (36,118) (40,075) (43,736) 6,169 1,536 40 (8,317) (28,358) 41(A) (7,438) 41(B) (20,042) 42 (656,434) (241,485) 44 32,519 20(d) 330 43 (1,180) (34,771) (3,301) (141,895) (23,843) 41,667 (22,517) (48,068) (23,449) (1,594,779) (2,029,880) III-133

(473,432) (360,066) 14,380 1,720 (46,676) (39,997) 6,915,685 3,894,133 (4,147,562) (2,015,180) (12,728) 34,255 2,870 18,640 23,867 (94,991) 9,280 14,175 (32,075) (47,061) 2,158,618 1,500,619 1,815,669 493,391 2,048,698 1,510,044 7,949 45,263 3,872,316 2,048,698 3,872,316 2,048,698 III-134

1. 53 2. 1 23 32 1 1 27 2 7 8 9 39 13 15 16 18 5 3980 1 1 8 8 14 7 III-135

7 7 1 2 3 24 7 27 1 32 5 39 1 1 4 1 7 6 2 4 3 1 9 8 7 14 1 17 6 19 1 2 3 4 5 6 7 8 3 27 9 39 (i) (ii) 9 III-136

17 17 17 17 3. III-137

3 III-138

III-139

LPG III-140

LPG III-141

III-142

III-143

(a)(b) (c) III-144

III-145

III-146

III-147

4. 42(B)(i) 9,239,775 (107,498) 9,132,277 633,620 50,847 684,467 1,006,332 (5,366) 1,000,966 (262,501) 26,874 (235,627) (6,599,955) (6,599,955) 4,017,271 (35,143) 3,982,128 794,001 (35,143) 758,858 3,223,270 3,223,270 4,017,271 (35,143) 3,982,128 III-148

5. 900,577,000 684,467,000 25 1,254,675,000 320,297,000 1,675,899,000 846,411,000 1,631,806,000 824,338,000 III-149

6. 34 37 38 35 82,838 41,995 15,468 11,544 5,667,985 4,120,309 12,668 1,261 16,063,221 12,551,946 360,869 III-150

796,306 373,531 4,232,459 3,448,881 43,758 11,895 451,622 47,479 22,907 5%5% 5%5% 5%5% 5%5% 5%5% 128,856 153,768 (1,641) (595) 16,936 2,374 1,145 144,151 156,692 34 37 38 32 34 III-151

100100 100100 87,870,000 192,710,000 10% 10% 10%10% 1,292,000 1,404,000 1,323,000 III-152

1,802,146,000 8,888,805,000 12,914,680,000 34 III-153

% 340,065 1,011,614 333,800 1,685,479 1,685,479 380,514 102,177 45,576 528,267 528,267 50,501 50,501 50,501 24,668 24,668 24,668 42(A)(iii) 21 23,448 23,448 23,448 78,161 78,161 78,161 6.05% 2,069,799 1,604,565 2,182,647 5,857,011 5,016,495 6.75% 230 24,954 3,601,534 3,058,447 3,487,515 10,172,680 8,299,611 2% 7,132 377,986 385,118 356,591 75,169 720,809 1,138,745 6,159,450 5,040,998 5,670,162 18,805,333 16,063,221 % 304,908 907,030 299,291 1,511,229 1,511,229 131,934 96,610 43,092 271,636 271,636 65,454 65,454 65,454 34,291 34,291 34,291 5.99% 2,942,472 2,066,739 3,699,403 8,708,614 7,392,080 6.60% 5 498 72,538 582,282 3,151,564 3,806,887 2,905,842 4.50% 16,157 16,157 14,823 2% 7,132 385,118 392,250 356,591 99,745 436,842 1,004,138 3,364,525 3,050,296 6,850,967 14,806,518 12,551,946 III-154

30 12,668 12,668 15,468 15,468 13,230 13,230 3,494 3,494 28,698 16,162 44,860 III-155

7. LPG 3,831,627 2,678,377 1,461,573 1,127,403 LPG 4,637,924 2,272,173 268,845 235,369 11,990 10,501 10,211,959 6,323,823 8 8 14 (i)(ii) (iii)(iv) (v) (i) (ii) (iii) (iv) 8 i) ii) iii) iv) 8 III-156

3,831,627 1,461,573 4,637,924 268,845 10,199,969 662,543 569,940 74,471 10,499 1,317,453 11,990 49,279 (154,946) (522,677) 44,645 372,755 (5,815) (1,190) 141 302 176,085 (114,402) 1,173,620 10,199,969 11,990 10,211,959 III-157

2,678,377 1,127,403 2,272,173 235,369 6,313,322 430,010 310,578 (3,992) 5,415 742,011 10,501 125,586 (151,419) (409,800) 5,726 (366,320) 8,860 227,402 12,884 205,431 6,313,322 10,501 6,323,823 3 III-158

12,495,032 894,068 3,168,140 191,065 16,748,305 343,158 122,812 54,692 957,709 82,838 88,155 15,468 12,668 210,370 489,103 3,872,316 22,997,594 407,159 1,382,981 899,068 193,792 2,883,000 562,204 146,162 13,316,105 356,591 503,295 17,767,357 III-159

9,366,364 776,330 3,033,346 37,000 13,213,040 295,127 81,048 57,011 1,000,966 41,995 56,890 11,544 1,261 369,410 847,759 2,048,698 18,024,749 279,459 1,132,019 844,799 54,949 2,311,226 413,830 360,869 51,733 10,297,922 356,591 14,823 235,627 14,042,621 III-160

112,087 15,766 127,853 127,853 181,548 34,562 216,110 216,110 954,397 954,397 954,397 2,245,727 207,406 2,453,133 12,713 2,465,846 3,694 559 4,253 4,253 20,019 20,019 20,019 12,772 12,895 25,667 2,320 27,987 319,309 150,707 470,016 4,652 474,668 51,418 51,418 51,418 75,112 75,112 75,112 48,706 433,611 482,317 482,317 53,688 201,357 255,045 255,045 14,161 14,161 14,161 1,626,649 2,029,252 3,655,901 2,980 3,658,881 27,499 65 27,564 27,564 12,685 12,685 12,685 12,358 6,480 18,838 1,776 20,614 289,133 40,240 329,373 4,541 333,914 36,864 36,864 36,864 53,883 53,883 53,883 176,387 236,262 (114,402) 12,884 III-161

960 960 10,210,999 6,322,863 10,211,959 6,323,823 10% 115,664 84,917 14,659,489 11,555,741 14,775,153 11,640,658 8. 34,891 59,290 a 14,395 11,059 b 36,813 32,028 c 2,813 3,637 9,661 9,318 44,905 14,211 22,291 12,165 52,603 63,366 d 22,988 32,525 20,682 273,885 225,756 III-162

(a) (b) (c) (d) 26,296,000 23,233,000 10,517,000 8,795,000 22,988,000 9. 44 (5,814) 20 (1,190) 43 141 44,645 5,726 11,798 (23,843) (14,947) 27 (51,418) (36,864) 28 (75,112) (53,883) 29 372,755 (366,320) 295,805 (490,131) III-163

10. 212,909 192,295 278,393 292,683 38 39 645 491,341 485,623 111,032 23,649 (79,696) (99,472) 522,677 409,800 11. 20 227,402 41 302 8,860 42(A)(vii) 176,085 176,387 236,262 12. 192,985 98,696 39 (34,866) (27,224) 158,119 71,472 III-164

25% 50% 7.5% 16.5% 95,670 (587,991) 1,077,950 793,422 1,173,620 205,431 15,786 (97,019) 269,487 198,356 285,273 101,337 28,601 (3,221) 28,601 (3,221) 25,694 65,884 17,859 25,858 43,553 91,742 (61,548) (147) (57,603) (69,837) (119,151) (69,984) 20,068 31,282 176,966 34,094 197,034 65,376 (277,191) (113,778) (277,191) (113,778) 158,119 71,472 158,119 71,472 16.5%16.5% 25% 25% III-165