01 06 06 08 10 11 12 27 28 30
2,6656.6% 76017.3% 28.5% 29251.6% 01
6221.5% 23.3% EBITDA 1,2310.9% EBITDA 46.2% 3.10 1.4% 3,351 6.83 2.06 9.2% 11.0% 2468.2% 3G 3G1,587 6,700 2G/3G(TD-SCDMA)/WLAN/TD-LTE 2G 3G 3G1.9 2.4 WLAN WLAN 283 TD-LTE TD-LTE TD-LTE LTE FDD TD-LTETD-LTE TD-LTE 48 30 10 63.5 02
IDC 28 9,000 321 M2M TD1,400 70% 03
1.44.2 12% BRANDZ 100 Aa3/ AA-/ 1.633 04
TD-LTE 05
6 30 6 2012 2011 4 177,128 173,231 75,985 64,783 13,417 12,066 266,530 250,080 4,208 2,295 12,298 11,379 49,652 48,361 15,134 13,107 50,765 45,976 62,180 53,976 194,237 175,094 72,293 74,986 1,073 778 244 222 5,916 3,563 (221) (339) 2,867 2,016 / 1 (2) 5 82,173 81,224 6 (19,933) (19,854) 62,240 61,370 31 (119) 289 (499) 62,560 60,752 06
6 30 6 2012 2011 62,202 61,283 38 87 62,240 61,370 62,522 60,665 38 87 62,560 60,752 8(a) 3.10 3.05 8(b) 3.06 3.02 EBITDA 1 123,051 124,152 12 26 7 1 EBITDA/ 07
2012 2011 6 30 12 31 9 399,089 408,165 9 71,866 56,235 13,441 12,798 36,894 36,894 968 818 45,830 43,794 8 7 14,699 10,913 10 2,210 122 127 127 585,132 569,873 6,426 7,944 11 11,173 9,165 12 11,102 19,483 12 14,342 12,854 13 89 170 91 10 33 32 297,207 246,687 14 96,405 86,259 436,777 382,685 15 119,989 116,266 859 1,616 69,962 51,753 107,471 92,362 13 48 285 33 33 68 68 9,256 10,861 307,686 273,244 129,091 109,441 714,223 679,314 08
2012 2011 6 30 12 31 714,223 679,314 16 (28,618) (28,617) (282) (261) (19) (17) (28,919) (28,895) 685,304 650,419 17 2,142 2,140 681,369 646,924 683,511 649,064 1,793 1,355 685,304 650,419 12 26 09
2011 1 1 2,139 386,476 (291,980) 72 (1,174) 154,178 326,446 576,157 1,246 577,403 2011 6 30 6 61,283 61,283 87 61,370 (499) (119) (618) (618) (499) (119) 61,283 60,665 87 60,752 7(b) (26,718) (26,718) (26,718) 60 (11) 49 49 8 8 8 2011 6 30 2,139 386,536 (292,490) 72 (1,293) 154,186 361,011 610,161 1,333 611,494 2012 1 1 2,140 386,629 (292,227) 72 (1,483) 179,236 374,697 649,064 1,355 650,419 2012 6 30 6 62,202 62,202 38 62,240 289 31 320 320 289 31 62,202 62,522 38 62,560 7(b) (28,583) (28,583) (28,583) 17 2 510 (13) 499 499 9 9 9 400 400 2012 6 30 2,142 387,139 (291,951) 72 (1,452) 179,245 408,316 683,511 1,793 685,304 12 26 10
6 30 6 2012 2011 128,810 126,177 (90,899) (68,921) (27,791) (32,144) 10,120 25,112 1 1 86,259 87,543 26 (97) 6 30 96,405 112,558 12 26 11
1 34 34 / 34 2410 27 12
2 3 5% 4 13
4 5 6 30 6 2012 2011 2,466 1,983 33 27 4,404 3,838 4,208 2,295 1,540 1,380 1,641 1,356 6 6 30 6 2012 2011 (i) 128 64 (ii) 23,590 22,606 23,718 22,670 (iii) (3,785) (2,816) 19,933 19,854 (i) 16.5% 16.5% (ii) 25% 24% 25% (iii) 14
7 (a) 6 30 6 2012 2011 1.633 1.331 1.580 1.314 26,758 26,370 1 = 0.81522 (b) 6 30 6 2012 2011 1.747 1.416 1.597 1.359 28,583 26,718 8 (a) 62,202,000,00061,283,000,000 20,081,929,283 20,066,270,777 15
8 (b) 62,202,000,00061,283,000,000 20,334,901,906 20,311,324,178 6 30 6 2012 2011 20,081,929,283 20,066,270,777 252,972,623 245,053,401 20,334,901,906 20,311,324,178 9 (a) 57,829,000,00061,509,000,000 (b) 1,612,000,000 2,351,000,000 10 2012 6 30 2011 12 31 (i) 1,965 1,965 (ii) 33 245 278 32 122 154 33 2,210 2,243 32 122 154 16
10 (i) 8% 92% (ii) 11 2012 6 30 2011 12 31 30 7,107 5,979 31 60 1,642 1,447 61 90 993 732 90 1,431 1,007 11,173 9,165 90 17
12 6.56% 13 / / 14 2012 6 30 2011 12 31 10,919 23,618 85,486 62,641 96,405 86,259 15 2012 6 30 2011 12 31 1 100,175 95,744 2 3 3,772 6,984 4 6 6,847 5,237 7 9 4,380 3,736 10 12 4,815 4,565 119,989 116,266 18
16 2012 6 30 2011 12 31 (i) 4,985 4,984 (ii) 23,633 23,633 28,618 28,617 (i) 5,000,000,000 4.5% 100% (ii) 9,976,000,000 13,657,000,000 LIBOR 1.123% 1.238% 19
17 2012 1 1 20,072,065,571 2,007 2,140 26,712,974 3 2 2012 6 30 20,098,778,545 2,010 2,142 2012 6 30 2011 12 31 2002 7 3 7,000 50%2 50%5 2004 10 28 590,175 590,175 40%1 30%2 30%3 2005 11 8 3,135,500 3,135,500 40%1 30%2 30%3 10 10 10 * 2002 7 3 276,770 25,361,299 50%2 50%5 2004 10 28 116,614,565 117,896,235 40%1 30%2 30%3 2004 12 21 475,000 475,000 40%1 30%2 30%3 2005 11 8 268,558,164 268,897,939 40%1 30%2 30%3 10 10 10 10 389,650,174 416,363,148 * 2,379,000 2012 3 20
17 7,000 26,705,974 2002 7 3 22.85 82.99 573,341,438 25,091,529 2004 10 28 22.75 83.48 29,157,993 1,281,670 2005 11 8 34.87 83.35 11,847,954 339,775 26,712,974 18 (a) 6 30 6 2012 2011 (i) 862 480 (i) 503 372 (ii) 322 335 (iii) 107 110 (iv) 123 146 (iv) 238 224 (iv) 28 21 (iv) 929 63 TD-SCDMA (v) 1,011 428 (vi) 141 50 (vi) 757 288 21
18 (a) (i) / / / / (ii) / (iii) (BVI) / (iv) / / (v) TD-SCDMA/ (vi) / / (b) / / / 2012 6 30 2011 12 31 874 654 7 7 5 5 2,159 1,745 212 258 22
18 (c) / 2012 6 30 2011 12 31 21,209 17,320 6 30 6 2012 2011 (i) 359 40 (ii) 23 17 (i) (ii) / (d) 18(a) 18(c) / 23
18 (d) 12 19 (a) 2012 6 30 2011 12 31 5,419 4,772 25,730 34,089 31,149 38,861 17,200 17,754 65,409 85,108 82,609 102,862 22,619 22,526 91,139 119,197 113,758 141,723 24
19 (b) 2012 6 30 1 6,112 2,168 586 8,866 1 5 13,052 3,005 437 16,494 5 4,085 809 47 4,941 23,249 5,982 1,070 30,301 2011 12 31 1 6,090 1,718 838 8,646 1 5 12,993 2,368 560 15,921 5 4,050 574 92 4,716 23,133 4,660 1,490 29,283 20 7(a) 25
21 / / 1 / 10 / 11 / 12 / 13 / 27 / 28 / 19 / 2009-2011 / 32 / 9 2012 7 1 2013 1 1 2013 1 1 2013 1 1 2013 1 1 2013 1 1 2013 1 1 2013 1 1 2013 1 1 2014 1 1 2015 1 1 22 26
6 26 34 34 34 34 2410 34 34 27
1 588 22.1% 2GTD-SCDMA WLAN TD-LTE 2 1,94210.9%72.9% 3 700 3,959 99.1%0.2% 0.7% 28
3 4.1% 295 20.0% 80.0%80.2% 1.54% 4 18.1 151 5.7% 29
352 400,000 400,000 352 30
154,000 154,000 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 154,000 154,000 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 7,000 2002 7 3 7,000 22.85 82,575 82,575 2004 10 28 22.75 780,000 780,000 2005 11 8 34.87 82,600 82,600 2004 10 28 22.75 141,500 141,500 2005 11 8 34.87 117,000 117,000 2004 10 28 22.75 254,000 254,000 2005 11 8 34.87 400,000 400,000 2005 11 8 34.87 (a) 25,361,299 276,770 2002 7 3 25,084,529 22.85 117,896,235 116,614,565 2004 10 28 1,281,670 22.75 475,000 475,000 2004 12 21 26.75 268,897,939 268,558,164 2005 11 8 339,775 34.87 389,650,174 (b) (a) 2,379,000 2012 3 (b) 1.94% 31
(c) 50% 50% 40% 30% 30% 40% 30% 30% 40% 30% 30% 2012 1 3 2012 6 29 22.85 82.08 573,341,438 25,091,529 2012 1 3 2012 6 29 22.75 82.62 29,157,993 1,281,670 2012 1 3 2012 6 29 34.87 82.43 11,847,954 339,775 Aspire Holdings Limited Aspire Aspire Aspire Aspire Aspire Aspire Aspire 32
Aspire Holdings Limited Aspire Aspire Aspire Aspire Aspire * 3,460,000 3,420,000 2003 2 18 2 40,000 0.298 160,000 160,000 2003 4 18 2 0.298 1,280,000 1,280,000 2003 9 16 2 0.298 775,000 775,000 2004 3 18 2 0.298 45,000 45,000 2004 5 28 2 0.298 5,680,000 1 * Aspire Aspire 1 Aspire 0.6% 2 (a) 50% (i) (ii) Aspire (b) 50%50% Aspire Aspire Aspire Aspire 40,000 Aspire Aspire Aspire 33
70,000 4.55 5% (i) 14,890,116,842 74.08% (ii) 14,890,116,842 74.08% (iii) (BVI) (BVI) 14,890,116,842 74.08% (BVI) (BVI) 336 5% 34
13.51B(1) 13.51B(1) 1.633 183 17 1712 1716 35
10% 10% 10% 193327A 1934 21E 20-F 36