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AGILE PROPERTY HOLDINGS LIMITED 3383 2005 2009 2011

3383 70 26 2012 3 8 3,144 2005 100

26 2 4 6 2011 8 10 16 60 28 32 34 36 66 70 74 80 84 87 90 99 114 116 118 120 121 122 123 124 200 202 207 1

12 31 2011 2010 22,945 20,520 +11.8% 12,354 9,389 +31.6% 53.8% 45.8% +8.0 * 5,234 6,419-18.5% ** 5,161 4,020 +28.4% * 4,105 5,976-31.3% ** 4,035 3,617 +11.6% * 22.8% 31.3% -8.5 ** 22.5% 19.6% +2.9 * 1.184 1.707-30.6% ** 1.164 1.033 +12.7% 34.2 29.1 +17.5% 12 31 2011 2010 81,778 69,878 +17.0% 4,684 6,482-27.7% 2,644 4,199-37.0% 7,660 5,262 +45.6% 14,371 15,496-7.3% * 21,675 18,681 +16.0% * 18.9% 32.0% -13.1 26.9% 29.7% -2.8 61.9% 49.6% +12.3 * ** 2

% 25,000 22,945 15,000 75 20,520 12,354 20,000 12,000 53.8% 60 9,389 15,000 13,331 9,000 36.8% 37.2% 45.8% 45 10,000 9,326 6,000 4,954 30 3,436 5,000 3,000 15 0 2008 2009 2010 2011 0 2008 2009 2010 2011 0 6,000 % 30 5,000 5,000 4,000 3,000 14.1% 15.0% 4,020 19.6% 5,161 22.5% 25 20 15 4,000 3,000 3,617 4,035 2,000 1,000 1,313 2,002 10 5 2,000 1,000 1,322 1,865 0 2008 * 2009 2010 *** 2011 *** 0 0 2008 * 2009 2010 *** 2011 *** 100,000 25,000 80,000 69,878 81,778 20,000 18,681 21,675 60,000 15,000 12,916 14,062 44,178 40,000 34,978 10,000 20,000 5,000 0 2008 2009 2010 2011 0 2008 2009 2010 ** 2011 ** * 30% ** *** 3

52 2 7 4 3 1 1 ) 4

JW 5

2011 1 4.4 9.5 3 4 2016 54% Ba2 1.4 5 JW 6 6

2011 7 8 9 11 12 7

2010/11 2011 2010 2011 2011 2010 DHL/ 2011 DHL 50 2011 2011 2011 10 2011 9 20113 8

2011 20 2011 TOP 10 2011 TOP 10 2010506 2011 TOP 10 201130 21CN 2011 2011 9

19 10

2011 12 31 229.45123.54 11.8% 31.6% 51.61 22.5% 28.4%2.9 201123.4 2011 34.2 17.5% 2011 19 50 DHL/ 2011 25% 24% 23% 12% 10% 6%41 18 2011 12 31 315 311 10% 10,144 9 10 11

20% 21 25% 9 5 2012 4 2011 9 8 10 626,329 2012 3 726 70 3,144 1,277 2011 12 31771,537 713 12

2016 5 4% Ba2 2011 12 31 73.28 18.14 380,000 20,000 2011 13

2012 201211 14

2012 3 8 15

229.45 2010 205.20 201011.8% 106.81 2010 107.650.8% 41.05 2010 59.76 31.3% 51.61 2010 40.20 28.4% 1.184 2010 1.70730.6%1.164 2010 1.03312.7% 2012 3 770 2012 3 7 3,1448 10 626,329 183,986 369,505 56,097 16,741 72,838 2011 12 31 626,329 16

224.662,136,132 2010 11.2%0.3% 111.3149.5%2010132.8% 534,757 2010232.5% 32.74 14.5%201035.0% 452,848 201038.1% 28.7212.8%201033.8% 446,967 201047.3% 19.738.8%2010 94.8%311,097 201028.5% 13.606.1%2010 45.0%213,797 201045.3% 11.865.3%201053.0% 139,260 201022.6% 6.703.0%201069.9% 37,406 201072.2% 2010 9,42411.6% 2011 10,517 17

2011 12,779 112,627 8,813 7,844 155,029 19,764 1,501 10,538 7,021 4,334 62,293 14,373 110,335 808,394 7,327 2,467 37,551 15,221 110,029 646,638 5,877 144,127 898,881 6,237 92,931 634,865 6,832 41,265 431,527 10,457 30,754 453,792 14,756 24,184 85,350 3,529 1,177 2,990 2,540 1,523 4,989 3,276 6,858 114,463 16,690 7,138 28,018 3,925 37,009 368,343 9,953 228,551 1,271,561 5,564 174,269 1,204,105 6,909 1,039,075 7,331,954 7,056 161,232 728,810 4,520 149,865 1,244,079 8,301 311,097 1,972,889 6,342 87,954 596,533 6,782 121,091 738,547 6,099 4,752 25,189 5,301 213,797 1,360,269 6,362 37,406 670,099 17,914 534,757 11,130,823 20,815 2,136,132 22,466,034 10,517 18

1.222010145.5% 2011 2012 0.96 0.24 ISO9001 2011 3.39201031.6% 2011 1,549 2010 1,239 19 421 19

2010 111.31 4.9% 2011 105.90 2010 93.8931.6% 2011 123.54 2010 45.8% 2011 53.8% 2011 2010 6.9520.2% 2011 8.35 2011 2010 5.1627.7% 2011 6.59 20110.96 0.24 0.72 2010 1.1476.2% 2011 2 2010 7.1822.0% 2011 8.77 2010 2.3928.5% 2011 3.07 20

2010 3.9873.5% 1.05 2010 20134 9% 1.85 2010 1.55 46.3% 2011 0.83 2011 4 28 2016 5 32.53 4%2011 1.77 1.21 20% 41.05 2010 59.76 201031.3% 40.35 2010 36.17 201011.6% 2011 12 31 73.28 2010 106.81 46.84 2010 64.82 26.44 2010 41.99 2011 12 3118.14 2010 17.16 2011 4 28 2016 5 32.53 4% 21

2011 12 31 113.91 58.3922.0126 2011 2010 1 5,059 5,262 1 2 2,991 2,782 2 5 2,450 3,538 5 891 905 11,391 12,487 2 5 1,817 5 4,022 6,120 5,839 6,120 2 5 2,201 1 2,600 1 2 2,151 2,600 2,151 22,031 20,758 2011 12 3157.22 4.46 2011 12 3154.40 2010 96.06 22

2011 2010 1 6.1 5.9 * EBITDA **2 1.3 1.3 %3 61.9 49.6 (1) EBITDA 20116.1 (2) EBITDA EBITDA20111.3 (3) 201161.9% * ** EBITDA EBITDA 109.47 2010 76.69 14.3% 6.3% 39.3% 6.0% 46.4% 87.7% 100% 100% 2011 2011 12 314.922010 2.35 23

17.812010 4.86 2011 2011 12 31124.43 2010 130.92 (i) (ii) 38.73 2010 51.23 7.75 2011 29.12 7.28 2011 21.0% 201022.2% 18.9% 201032.0% 2011 2010 4,035,176 3,617,272 19,246,019 16,322,647 % 21.0% 22.2% 24

2011 2010 4,105,255 5,975,707 4,035,176 3,617,272 3,466,015 3,501,544 1.184 1.707 1.164 1.033 2011 12 31 256.75 2010 156.17 1.91 2010 47.32 2011 12 31 11,897 420 990 11,822752011 12 31 8.56 2010 5.41 25

2011 27

2011 2011 41199 315 31110% 10,144 2011 25.1% 23.7% 22.7% 12.0% 10.1% 6.4% 28

315 311 12.0 23.7 15.0 33.5 8.7 22.7 6.4 25.1 10.5 20.3 10.1 12.0 10 9 1 72 2 47 3 26 4 15 5 13 6 13 7 11 8 11 9 10 72 4711 9 310 29

2011224.6611.2% 214 10,517 2005 34.8% 27.4% 35.2% 31.9% 53.8% 22.5% 388245 571 626,329 2012 3 82670 3,144 896,810771,537 713 8 101,277 2011 12.6% 2.9 23.1 74.0 30

5,727,441 18.2% 32 2,460 12,888,287 41.0% 28 1,467 12,824,879 40.8% 10 559 31

2012 3 8 1 289 100% 1,518,417 2 259 100% 624,701 3 3,650 100% 4,070 4 3,905 100% 55,999 5 5,409 100% 60,747 6 2,972 100% 14,388 7 3,536 100% 103,825 8 2 5,822 20% 2,640,000 9 357 100% 304,422 998 10 400 100% 122,742 1168 11 3# 361 100% 39,384 12 5,700 100% 6,862 97-137 13 7,074 100% 306,812 14 3,674 100% 5,729 B 15 345 100% 154,081 108 16 375 100% 52,600 17 1,781 100% 274,384 107 18 107 2,515 100% 87,482 107 19 1,791 100% 44,672 20 396 100% 303,358 21 1,148 100% 131,091 105 22 3,018 100% 442,866 23 187 100% 1,970,275 24 250 100% 541,546 25 1,296 100% 509,368 26 117 100% 667,663 27 565 100% 143,377 28 250 100% 96,374 29 278 100% 112,155 30 739 100% 102,226 31 394 100% 487,871 32 337 100% 122,000 33 1 65 100% 587,289 34 1,112 100% 15,968 35 260 100% 63,450 36 601 100% 375,357 37 2,054 100% 37,648 38 419 100% 563,253 39 7,563 100% 111,060 40 800 100% 164,539 41 1,429 100% 29,267 8 42 671 100% 347,323 43 520 100% 124,345 44 510 100% 601,230 45 1,223 100% 52,950 46 3,004 100% 106,524 47 2,202 100% 184,373 48 7,122 100% 29,486 49 318 100% 266,672 50 2,164 100% 140,261 51 962 100% 212,410 18 52 3,454 100% 97,474 1,694 16,162,366 53 267 100% 1,364,741 54 325 100% 2,000,000 291 3,364,741 55 4,242 100% 141,178 33 56 11,745 100% 59,900 57 4,407 100% 114,020 58 6,720 100% 299,457 59 1,679 100% 223,906 60 15,285 100% 13,192 559 61 2,984 100% 1,441,967 5333 4,532 2,293,620 62 1,163 100% 1,338,960 63 450 100% 90,644 64 2,566 100% 120,333 65 880 100% 321,073 1,372 1,871,010 66 276 70% 9,129,021 67 420 100% 99,118 68 2,530 100% 186,991 294 9,415,130 69 565 100% 533,392 101 70 2 2,341 25% 1,289,227 3 1,2774 34,929,486 1. A B+C D 2011 12 31 2. 2025 3. 111 70 4. 5. 771,537 32

2012 3 8 1 A B C D C1(5) C2 C3 D1 D2 D3 1,655,026 349,340 28,729 233,159 87,452 349,340 1,128,255 1,040,621 11,560 525,821 503,240 1,040,621 10,410 10,410 10,410 10,410 117,791 53,983 18,277 494 35,212 29,760 24,223 154,077 154,077 154,077 154,077 25,898 25,898 25,898 25,898 134,607 134,607 134,607 134,607 4,380,000 718,616 55,916 129,800 532,900 677,096 41,520 274,951 3,247 3,247 3,247 179,354 2,578 2,578 2,578 78,768 78,768 78,768 78,768 54,864 14,377 14,377 14,377 613,624 613,624 249,945 363,679 613,624 88,466 88,466 88,466 88,466 250,948 353 353 353 84,160 84,160 84,160 84,160 652,102 541,108 839 256,885 283,384 541,108 174,964 174,964 174,964 174,964 111,680 111,680 111,680 111,680 346,674 24,827 2,821 17,306 4,700 24,827 47,438 47,438 47,438 32,536 14,902 434,023 434,023 131,306 302,717 434,023 1,889,961 523,122 5,261 404,856 113,005 523,122 368,017 11,643 2,132 9,511 11,643 769,751 769,751 94,330 675,421 769,751 1,260,274 339,070 24,069 315,001 339,070 236,926 597 597 597 150,357 616 616 616 176,226 405 405 405 72,645 6,388 6,388 6,388 916,486 406,362 13,413 392,949 406,362 203,567 60,908 60,908 60,908 880,934 858,870 59,182 799,688 858,870 16,144 16,144 16,144 16,144 95,175 95,175 95,175 95,175 1,444,668 1,444,668 1,444,668 1,444,668 82,732 7,170 7,170 7,170 1,126,505 943,754 93,908 196,358 653,488 943,754 66,636 66,636 66,636 66,636 246,808 240,758 15,928 160,292 64,538 240,758 87,801 87,801 87,801 21,854 65,947 491,859 491,859 491,859 491,859 373,035 373,035 252,087 120,948 373,035 859,757 21,911 21,911 21,911 153,034 91,099 91,099 35,748 55,351 372,834 372,834 201,143 171,691 372,834 365,181 41,424 481 40,943 41,424 73,716 73,716 73,716 73,716 480,316 8,780 5,093 3,687 8,780 370,653 370,653 370,653 370,653 488,500 201,460 2,405 119,454 79,601 143,460 19,132 38,868 292,422 292,422 145,997 146,425 292,422 25,411,000 12,926,196 106,743 367,222 4,693,477 7,758,754 12,380,969 55,888 489,339 2,729,481 2,098,735 25,758 220,644 1,852,333 1,988,487 65,000 45,248 2,000,000 1,514,165 16,470 25,575 322,497 1,149,623 1,399,146 97,082 17,937 4,729,481 3,612,900 16,470 51,333 543,141 3,001,956 3,387,633 162,082 63,185 358,980 1,807 1,807 1,807 59,600 59,600 59,600 30,000 29,600 228,040 228,040 228,040 228,040 853,466 853,466 853,466 853,466 559,765 559,765 559,765 559,765 93,330 433,260 433,260 433,260 200,992 232,268 2,586,441 2,135,938 1,807 228,040 1,906,091 1,874,070 261,868 1,606,752 1,068,782 130,986 335,108 602,688 1,028,782 40,000 234,439 90,032 1,085 88,947 90,032 369,505 369,505 369,505 369,505 463,843 274,096 16,149 164,618 93,329 274,096 2,674,539 1,802,415 148,220 588,673 1,065,522 1,762,415 40,000 9,870,778 8,783,806 328,228 876,398 7,579,180 8,189,004 544,842 49,960 247,795 247,795 247,795 247,795 56,097 56,097 56,097 45,069 11,028 10,174,670 9,087,698 328,228 876,398 7,883,072 8,481,868 544,842 60,988 1,122,735 1,122,735 201,100 921,635 1,122,735 3,010,901 752,725 752,725 752,725 49,709,767 31,440,607 123,213 896,810 7,130,829 23,289,755 29,762,415 802,812 875,380 33

2012 3 8 8 7,606,064 2,487,552 3 533,073 84,593 1 88,466 88,466 1 54,864 14,377 1 613,624 613,624 1 111,680 111,680 4 1,162,174 800,585 3 828,135 506,288 21 10,956,507 6,744,732 3 1,385,625 485,844 2 438,897 115,140 2 850,969 379,433 2 780,922 493,882 52 25,411,000 12,926,196 1 2,729,481 2,098,735 1 2,000,000 1,514,165 2 4,729,481 3,612,900 4 1,500,086 1,142,913 1 559,765 559,765 2 526,590 433,260 7 2,586,441 2,135,938 1 1,606,752 1,068,782 2 603,944 459,537 1 463,843 274,096 4 2,674,539 1,802,415 1 9,870,778 8,783,806 1 247,795 247,795 1 56,097 56,097 3 10,174,670 9,087,698 1 1,122,735 1,122,735 1 1,122,735 1,122,735 1 3,010,901 752,725 1 3,010,901 752,725 34 70 49,709,767 31,440,607

70 49.71 2012 3 8 31,440,607 35

50 1 3 186 12 2011 2011 2009 2009 2009 9,870,778

22 2011 2008 20102 2009 2010 2009 2009 358,980

21 40%15% 2011 2010 2010 234,439

物業發展旗艦項目簡介重慶雅居樂國際花園重慶雅居樂國際花園位於南城中心毗鄰江南大學城項目的綠化率高達 50% 是重慶市中心罕見的低密度高綠化社區內有 6 萬平方米中庭水景園林 2 萬平方米景觀大道數百種珍稀植物分佈其間形成了錯落有致的三維立體景觀是當地豪宅的代表力作近年主要榮譽 2010中國住宅建築設計年度大獎 2010年度巴渝杯優質工程獎榮登2010重慶秋季房地產展示交易會宜居榜最佳宜居樓盤重慶優秀住宅小區金獎 2009年度優秀工程項目總建築面積 463,843 平方米

2011 2010 2009 2009 1,606,752

15 2010 2010 2010 2010 2010 2010 1,128,255

2000 2010 2010 1,655,026

5 246,808

38% 1,126,505

36 2002 2007 1,889,961

15 2011 2,000,000

126 26.31 4,380,000

59,600

27,000 4,000 6 1,122,735

5 10 8 2 373,035

2011 5 9 8 JW 3 2 20 2011720 2,000 5 62

15 70,000450 20124 330 70 2,000 Raffles Amrita Spa 20124 290 4,000 2014 JW JW 510 2013 280 2013 63

550 2013 500 2014 126 20,000 2007 10 200 2008 32 2001 2011 4 21,000 2012 64

800 28,000 2012 58,000 2011 18,0005 2012 88,000 39 2014 65

44 1,549 6,600 380,000 2011 92% 66

3,000 42120 20 2011 2011 2009-2010 67

2011 68

8,300 2010 2010 20112011 5 2011 15 39 201118 2011 9140 70

2011 12 190 59 1,000 6 71

2008 1614 2 2012 1. 2009 2. 2009 3. 2009 4. 2009 5. 2009 6. 2009 7. 2009 8. 2010 9. 2010 10. 2010 11. 2010 12. 2010 13. 2011 14. 2011 15. 2012 16. 2012 43,00026,000 16,000 5,500 12 3,000 72

55 EMBA EDP IBM 2011 73

1987 74

NPLV25% 75

50% 13% E1 20 100 50% 76

45%20 LED75% 28 49% 77

50% 10 20 75%30 30% BEC 2011 2012 78

1,500 5,000 1,100 2012 79

2005 34 2,500 43 127 56 61 80

700 2011 1 3 2010 2010 2010 2010 2010 2010 2010 2010 2010 2010 4 5 81

6 7 2011 8 2011 2011 2011 2011 2011 2011 9 2011 2011 2011 2011 11 ( 12 82

2009 2010 50 50 TOP 10 83

49 2005 8 19 2007 2009 2007 200830 30 2009 44 2005 8 19 2003 2006 2007 2008 2007 2005 50 2005 8 19 2005 2004 2009 2006 2008 CBO 84

54 2005 8 19 2000 2004 53 2005 8 19 48 2005 8 19 GBS, OBE, JP 84 2005 10 123 85

62 2005 10 19841998 19921997 62 2005 10 86

48 1993 1987 1993 49 1999 46 1996 1982 1995 36 1995 1995 87

462010 21 2008 44 1993 1991 39 2005 48 1999 532007 1983 2001 88

42 1994 2000 20092009 20102010 2009 2010 43 1998 1990 1995 2002 46 2000 1995 1985 1996 19962000 442005 1997 2002 21 89

80 90

2011 12 31 96 3 84 86 91

3.13 9 33 3 1 358124 92

14 21 3 7 2005 93

3 3 2005 113 1 2011 2010 2011 2011 2006 123 1 94

2005 113 38 2 2010201020112011 95

20112011 12 31 2011 2010 5,400,000 4,950,000 1,440,000 900,000 2 96

(www.agile.com.cn) 202 97

2011 20112011 20 10 2011 4 12 13.392011 2011 4/4 1/1 1/1 3/4 0/1 0/1 4/4 1/1 1/1 1/1 1/1 4/4 0/1 0/1 4/4 0/1 0/1 4/4 0/1 0/1 4/4 2/2 1/1 1/1 1/1 1/1 4/4 2/2 1/1 1/1 1/1 1/1 3/4 2/2 1/1 1/1 0/1 0/1 98

2011 12 31 5 2011 12 31 44 2011 12 31120 10.8 20106.1 2011 9 27 23.4 201023.0 2011 34.2 201029.1 20122012 6 82012 5 18 20 21 2011 12 3147 2010 45 99

0.96 9 6 22 33 2009 112010 4 (i) 2016 310% 2009(ii) 2017 6.58.875%2010 20092010 22 2011 4 282016 54% 23 0.83 2010 1.55 31 100

2011 12 31 4 200 201 87 89 202 84 86 87 2012 2012 2005 11 23 17 1. 2. 101

1. 2. 3. 4. (i) (ii) (iii) (iv) 2011 12 31 332,200,000 2011 12 31 9.63% 12 1% 10 102

1.00 1. 2. 3. 102005 11 23 2015 11 22 2011 12 31 2011 12 31XV (i)xv78 (ii) 352 (iii) 103

(1) 1 2,180,530,000 12,690,000 2,193,220,000 63.58% 2 2,180,530,000 12,000,000 2,192,530,000 63.56% 3 2,180,530,000 12,690,000 2,193,220,000 63.58% 2 2,180,530,000 2,180,530,000 63.21% 2,180,530,000 7,000,000 2,187,530,000 63.42% 4 2,180,530,000 6,028,000 5 2,186,558,000 63.39% 1. Top Coast 2. 3. 4. 5. 104

(2) 2017 6.5 8.875% 1,000,000 0.154% 2011 12 31 XV (i)xv7 8 (ii) 352 (iii) 2011 12 31(i) XV23 (ii) 336 7 Top Coast 2,180,530,000 2,180,530,000 63.21% 2,192,530,000 2,192,530,000 63.56% 1 2,180,530,000 2,180,530,000 63.21% 2 7,000,000 2,180,530,000 2,187,530,000 63.42% 3 4 6,028,000 5 2,180,530,000 6 2,186,558,000 63.39% 105

1. 2. 3. 4. 5. 6. 7. 2011 12 31 (i)xv23 (ii) 336 2011 12 31(i)XV 23 (ii) 336 2011 12 31 11,8978.56 106

2011 12 318.10 (i)(ii) 2005 11 23 2.2 2007 9 10 2008 12 29 17,8542011 6 30 2011 107

2011 12 3130% 30% 5% 14A 42 2011 4 7 Morgan Stanley & Co. International PLC 2011 4 620165 32.53 4% 5% Crystal I LimitedCrystal I Crystal I 30% Crystal I 108

2011 12 31 7.1423,272,000 166,081,471.40 2011 8 1,724,000 9.70 9.50 16,582,606.20 2011 9 21,548,000 9.70 5.02 149,498,865.20 23,272,000 166,081,471.40 635,303.19 166,716,774.59 20 2011 12 31 1. 2009 12 4 2009 12 4 36 1.5 20092011 6 29 2. 2010 1 25 2010 1 25 36 1.25 2011 6 30 109

3. 2010 6 29 2010 6 29 24 8 2011 5 9 4. 2010 9 8 2010 9 8 36 15.925 2010 5. 2011 1 17 2011 12 31 15.5 2011 7 28 7.8 7.7 2011 12 30 6. 2011 6 16 2011 6 16 36 1 2011 7. 2011 7 14 2011 7 14 36 23.5 2011 2009 2010 2011 2011 (i) 50% 2009 2011 50%2010 2011(ii) (iii) 2010 2011 2011 200920102011 200920102011 2011 (a) (b) (c) 200920102011 110

(d) 20092010 2011 90 98 2011 12 31 2011 12 31 2011 12 31 2012 2012 2012 3 8 111

112

114 116 118 120 121 122 123 124 200 113

116199 2011 12 31 114

2011 12 31 2012 3 8 115

12 31 2011 2010 6 3,573,802 2,253,235 7 2,455,028 2,283,309 14 13,865,049 5,674,988 8 19,192 12,017 9 5,248,000 4,997,900 92,820 10 204,762 10 1,653,979 11 102,850 24 173,346 70,346 25,642,029 17,038,594 14 32,291,852 25,626,102 15 3,637,562 3,376,142 16 7,993,747 10,140,836 17 4,814,471 2,911,666 70,719 104,368 18 2,644,128 4,198,962 19 4,683,714 6,481,663 56,136,193 52,839,739 81,778,222 69,878,333 20 3,658,542 3,795,047 21 946,992 783,320 37 657,319 675,874 16,411,680 13,426,841 21,674,533 18,681,082 2,082,310 1,654,077 23,756,843 20,335,159 116

12 31 2011 2010 22 12,170,458 15,495,769 23 2,200,997 23 860,497 24 1,549,574 2,047,587 16,781,526 17,543,356 22 7,659,710 5,262,251 25 11,650,073 9,646,258 13,511,865 12,333,749 26 8,418,205 4,757,560 41,239,853 31,999,818 58,021,379 49,543,174 81,778,222 69,878,333 14,896,340 20,839,921 40,538,369 37,878,515 124199 117

12 31 2011 2010 44 448,520 448,520 17 20,386,130 17,154,609 17 532 1,365 18 440,951 2,450,399 19 75,412 51,480 20,903,025 19,657,853 21,351,545 20,106,373 20 3,658,542 3,795,047 21 427,512 427,512 35 37 657,319 675,874 356,927 4,295 5,100,300 4,902,728 118

12 31 2011 2010 22 8,967,656 9,476,257 23 2,200,997 23 860,497 12,029,150 9,476,257 22 645,798 1,984,248 25 2,856,975 3,000,638 25 719,322 742,502 4,222,095 5,727,388 16,251,245 15,203,645 21,351,545 20,106,373 16,680,930 13,930,465 17,129,450 14,378,985 124199 119

12 31 2011 2010 5 22,944,566 20,520,192 (10,590,392) (11,131,277) 12,354,174 9,388,915 (835,042) (694,639) (876,565) (718,340) 9 96,418 3,198,208 27 200,220 113,656 28 (105,322) (397,612) 29 (152,867) (125,327) 10,681,016 10,764,861 23 176,922 33 644,608 269,217 10 120,938 11,623,484 11,034,078 34 (6,389,804) (4,615,482) 5,233,680 6,418,596 4,105,255 5,975,707 1,128,425 442,889 5,233,680 6,418,596 36 1.184 1.707 36 1.067 1.707 124199 12 31 2011 2010 37 964,564 850,059 120

12 31 2011 2010 5,233,680 6,418,596 5,233,680 6,418,596 4,105,255 5,975,707 1,128,425 442,889 5,233,680 6,418,596 124199 121

20 21 2010 1 1 4,597,107 699,773 8,764,875 14,061,755 1,011,424 15,073,179 5,975,707 5,975,707 442,889 6,418,596 5,975,707 5,975,707 442,889 6,418,596 20(a) (802,060) (802,060) (802,060) 199,764 199,764 83,547 (83,547) (554,320) (554,320) (554,320) (802,060) 83,547 (637,867) (1,356,380) 199,764 (1,156,616) 2010 12 31 3,795,047 783,320 14,102,715 18,681,082 1,654,077 20,335,159 2011 1 1 3,795,047 783,320 14,102,715 18,681,082 1,654,077 20,335,159 4,105,255 4,105,255 1,128,425 5,233,680 4,105,255 4,105,255 1,128,425 5,233,680 20(a) (136,505) (136,505) (136,505) 163,672 (163,672) 37 (975,299) (975,299) (975,299) (700,192) (700,192) (136,505) 163,672 (1,138,971) (1,111,804) (700,192) (1,811,996) 2011 12 31 3,658,542 946,992 17,068,999 21,674,533 2,082,310 23,756,843 124199 122

12 31 2011 2010 38 1,195,482 835,781 (1,409,610) (1,164,601) (1,928,264) (1,204,807) (1,368,259) (1,100,254) (3,510,651) (2,633,881) (153,682) (68,037) (16,838) 430,438 386,021 (92,849) (1,154,766) (674,280) (10,505) (6,068) 122,442 84,722 (875,760) (277,642) (136,505) (802,060) 23 3,199,875 4,436,965 (93,155) 20062006 (2,731,320) 2006 (184,872) 8,555,396 7,713,256 (7,199,769) (2,475,419) 142,275 (10,826) (477,554) (1,108,925) (232,898) (700,192) 2,741,329 5,152,943 (1,645,082) 2,241,420 6,481,663 4,372,155 (152,867) (131,912) 19 4,683,714 6,481,663 124199 123

1 2005 7 14 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 2005 12 15 2012 3 8 2 2.1 4 124

2 2.1 (a) 2011 1 1 242011 1 1 24 32 2010 2 1 142011 1 1 192010 7 1 17 2010 7 1 2010 5 2011 1 1 125

2 2.1 (b) 2011 7 2011 7 1 1 2011 7 1 7 2013 1 1 9 2015 1 1 10 2013 1 1 11 2013 1 1 12 2013 1 1 13 2013 1 1 7 2015 1 1 9 1 2012 7 1 12 2012 1 1 19 2013 1 1 272011 2013 1 1 282011 2013 1 1 32 2014 1 1 126

2 2.2 2.2.1 (a) 39 127

2 2.2 2.2.1 (b) (c) (d) 2.2.2 128

2 2.3 20% 50% 2.4 129

2 2.5 (a) (b) (c) 130

2 2.6 20 5 8 5 10 5 10 2.9 2.7 131

2 2.8 2.9 2.10 132

2 2.11 2.11.1 12 2.16 2.17 2.11.2 2.12 2.13 133

2 2.13 2.14 2.15 134

2 2.16 2.17 2.18 2.19 135

2 2.20 12 2.21 2.22 136

2 2.22 137

2 2.23 (a) (b) (c) 138

2 2.24 (i) (ii) 5% (iii) 12 139

2 2.25 2.26 (i) (ii) (iii) 140

2 2.26 (iv) (v) (vi) 2.27 (i) (ii) (iii) 2.28 141

2 2.29 3 3.1 (i) 2011 12 31 2011 12 31 142

3 3.1 (i) 2011 2010 2011 2010 462,286 800,083 73,801 21,276 442,525 2,480,616 442,467 2,480,603 904,811 3,280,699 516,268 2,501,879 3,166,060 2,007,808 3,166,060 2,007,808 8,780,218 9,547,137 8,780,218 9,547,137 11,946,278 11,554,945 11,946,278 11,554,945 5% 5% 5% 2011 2010 2011 2010 135,189 60,386 154,613 99,326 416,885 353,326 416,888 353,327 143

3 3.1 (i) 5% 2011 2010 2011 2010 (135,189) (60,386) (154,613) (99,326) (416,885) (353,326) (416,888) (353,327) (ii) 20112010 12 31 1% 20112010 12 3117,810,000 12,950,000 (iii) 144

3 3.1 (iii) 70% 39 (iv) 145

3 3.1 (iv) 12 1 1 2 2 5 5 2011 12 31 4,774,908 1,544,483 1,334,573 516,469 8,170,433 126,018 126,018 2,493,989 2,746,025 860,497 860,497 552,510 552,510 3,449,629 4,129,246 8,683,895 831,042 1,762,129 1,539,653 684,310 4,817,134 2,725,122 2,725,122 11,339,906 11,339,906 2010 12 31 5,658,717 2,985,510 1,413,322 10,057,549 580,728 580,728 1,742,184 6,787,389 9,691,029 149,586 149,996 2,396,725 1,083,646 3,779,953 2,551,500 2,551,500 9,370,377 9,370,377 146

3 3.1 (iv) 1 1 2 2 5 5 2011 12 31 26,063 214,971 445,768 686,802 126,018 126,018 2,493,989 2,746,025 860,497 860,497 552,510 552,510 3,449,629 4,129,246 8,683,895 763,979 1,595,249 1,038,830 3,398,058 2,856,975 2,856,975 719,322 719,322 2010 12 31 2,054,061 1,266,333 3,320,394 580,728 580,728 1,742,184 6,787,389 9,691,029 90,453 90,701 2,219,327 2,400,481 3,000,638 3,000,638 742,502 742,502 3.2 147

3 3.2 2011 2010 22 23 22,031,165 20,758,020 19 (4,683,714) (6,481,663) 18 (2,644,128) (4,198,962) 14,703,323 10,077,395 23,756,843 20,335,159 61.9% 49.6% 2011 3.3 1 1 2 3 3 860,497,000 323 148

4 (a) (b) 30% 60% 149

4 (c) 36 2011 12 31 (d) (i) (ii) 150

4 (e) 23 5 10% 20112010 12 31 2011 2010 22,466,034 20,196,817 338,698 257,349 121,671 49,551 18,163 16,475 22,944,566 20,520,192 151

5 20112010 12 31 2011 12 31 22,466,034 458,216 121,671 18,163 23,064,084 (119,518) (119,518) 22,466,034 338,698 121,671 18,163 22,944,566 10,721,076 (24,519) (115,592) 100,051 10,681,016 23 176,922 33 644,608 10 120,938 120,938 11,623,484 34 (6,389,804) 5,233,680 71,363,323 301,435 4,943,360 5,248,000 (321,961) 81,534,157 204,762 204,762 244,065 81,778,222 21,064,578 344,558 3,521,579 553,184 (321,961) 25,161,938 32,859,441 58,021,379 762,643 5,068 881,710 153,683 1,803,104 50,473 4,639 13,181 68,293 43,297 43 34,249 77,589 9 96,418 96,418 152

5 81,534,157 25,161,938 173,346 1,549,574 70,719 8,418,205 7,659,710 12,170,458 2,200,997 860,497 81,778,222 58,021,379 2010 12 31 20,196,817 335,661 49,551 16,475 20,598,504 (78,312) (78,312) 20,196,817 257,349 49,551 16,475 20,520,192 7,516,714 19,269 27,375 3,201,503 10,764,861 33 269,217 11,034,078 34 (4,615,482) 6,418,596 60,840,025 255,483 3,946,093 5,000,219 (338,201) 69,703,619 174,714 69,878,333 19,292,155 277,682 2,316,178 432,193 (338,201) 21,980,007 27,563,167 49,543,174 248,724 5,509 382,362 68,037 704,632 32,037 6,389 8,854 47,280 43,583 34 43,082 86,699 9 3,198,208 3,198,208 153

5 69,703,619 21,980,007 70,346 2,047,587 104,368 4,757,560 5,262,251 15,495,769 69,878,333 49,543,174 154

6 2010 1 1 286,354 128,566 56,010 31,378 1,505,510 2,007,818 (25,327) (69,377) (25,146) (19,270) (139,120) 261,027 59,189 30,864 12,108 1,505,510 1,868,698 2010 12 31 261,027 59,189 30,864 12,108 1,505,510 1,868,698 68,024 20,520 14,774 4,989 347,186 455,493 (15,249) (2,488) (5,674) (265) (23,676) (14,045) (20,371) (10,224) (2,640) (47,280) 299,757 56,850 29,740 14,192 1,852,696 2,253,235 2010 12 31 337,718 145,536 64,403 35,824 1,852,696 2,436,177 (37,961) (88,686) (34,663) (21,632) (182,942) 299,757 56,850 29,740 14,192 1,852,696 2,253,235 2011 12 31 299,757 56,850 29,740 14,192 1,852,696 2,253,235 343,190 33,185 26,633 63,227 926,704 1,392,939 1,564,376 (1,564,376) (202) (1,816) (143) (1,918) (4,079) (30,009) (19,029) (10,620) (8,635) (68,293) 2,177,112 69,190 45,610 66,866 1,215,024 3,573,802 2011 12 31 2,245,014 172,022 87,448 98,863 1,215,024 3,818,371 (67,902) (102,832) (41,838) (31,997) (244,569) 2,177,112 69,190 45,610 66,866 1,215,024 3,573,802 155

6 2011 2010 24,832 12,228 3,423 3,708 40,038 31,344 68,293 47,280 2011 12 31 92,949,00022(d) 73,769,0002010 119,793,000 7.26% 7 2011 2010 2,283,309 2,191,417 245,978 175,034 (34,187) (43,035) 30 (40,072) (40,107) 2,455,028 2,283,309 50 40,072,0002010 40,107,000 2011 12 31 1,571,944,0002010 1,359,135,000 22(d) 156

8 2011 2010 12,017 9,506 10,505 6,068 30 (3,330) (3,557) 19,192 12,017 31,869 22,590 (12,677) (10,573) 19,192 12,017 3,330,0002010 3,557,000 9 2010 12 31 2010 1 1 972,856 758,799 1,731,655 68,037 68,037 2,403,226 794,982 3,198,208 2010 12 31 3,444,119 1,553,781 4,997,900 2011 12 31 2011 1 1 3,444,119 1,553,781 4,997,900 153,682 153,682 38,599 57,819 96,418 2011 12 31 3,636,400 1,611,600 5,248,000 157

10 2009 122010 4 20% 2010 12 31 1,653,979,000 2011 2011 17 2011 1 1 83,824 120,938 12 31 204,762 2011 4,632,830 4,428,068 1,289,614 120,938 159

11 2.5% 12 2010 8 25% 20112010 12 31 916,825,000 3,600,000,00022(f)(i) 160

12 2011 12 31 2010 787 1,826,009 11,278 8,654 12,065 1,834,663 1,993,135 1,458 1,289 1,832 101,123 49,403 2,097,548 50,692 2,109,613 1,885,355 977,500 977,500 (34,034) (26,764) 943,466 950,736 934,619 1,051,450 114,697 1,166,147 934,619 2,109,613 1,885,355 931,401 50,692 943,466 1,885,355 161

12 12 31 2011 2010 (10,366) (799) 671 (34,619) (9,695) (35,418) 2,425 8,654 (7,270) (26,764) 38,323 13 (a) 2011 12 31 2010 12 31 4,245,184 2,555,667 2,644,128 4,198,962 4,683,714 6,481,663 11,573,026 13,236,292 2011 12 31 2010 12 31 860,497 19,830,168 20,758,020 2,200,997 11,339,906 9,370,377 33,371,071 30,128,397 34,231,568 30,128,397 162

13 (b) 2011 12 31 2010 12 31 20,386,662 17,155,907 440,951 2,450,399 75,412 51,480 20,903,025 19,657,786 2011 12 31 2010 12 31 860,497 9,613,454 11,460,505 2,200,997 2,856,975 3,000,638 719,322 742,502 15,390,748 15,203,645 16,251,245 15,203,645 163

14 2011 2010 32,291,852 25,626,102 13,865,049 5,674,988 46,156,901 31,301,090 15,517,378 10,530,295 2,078,474 1,024,416 28,561,049 19,746,379 46,156,901 31,301,090 2011 12 31 7.26% 20106.94% 2011 2010 12 31 6,828,212,000 2010 5,335,327,00022(d) 15 2011 12 3124,254,0002010 88,662,000 22(d) 16 164

17 2011 2010 2011 2010 (a) 1,444,652 1,512,143 20,386,130 17,154,609 42(c) 1,139,716 1,200,816 486,081 532 1,298 536,588 329,964 460,000 557,443 32,699 26,035 67 4,814,471 2,911,666 20,386,662 17,155,974 2011 12 31 (a) 20112010 12 31 2011 2010 90 838,672 1,359,138 90365 605,980 153,005 1,444,652 1,512,143 2011 12 31 483,138,0002010 70,155,000 2011 2010 90365 483,138 70,155 (b) 165

18 2011 2010 2011 2010 (a) 40,096 358,028 (b) 2,021,140 1,294,947 (c) 121,941 95,588 (d) 460,951 2,450,399 440,951 2,450,399 2,644,128 4,198,962 440,951 2,450,399 (e) 2,203,177 1,748,563 440,951 2,450,399 440,951 2,450,399 2,644,128 4,198,962 440,951 2,450,399 (a) (b) (c) 2005 (d) 446,197,0002010 2,432,499,00022(d) (e) 166

19 2011 2010 2011 2010 4,611,683 6,470,051 3,381 39,868 72,031 11,612 72,031 11,612 4,683,714 6,481,663 75,412 51,480 (a) 4,219,854 5,651,363 95 463,860 830,300 75,317 51,480 4,683,714 6,481,663 75,412 51,480 (a) 20 20112010 12 31 10,000,000,000 1,000,000 2010 1 1 3,575,508,000 357,551 374,165 4,222,942 4,597,107 (a) (102,786,000) (10,279) (9,044) (793,016) (802,060) 2010 12 31 3,472,722,000 347,272 365,121 3,429,926 3,795,047 (a) (23,272,000) (2,327) (1,904) (134,601) (136,505) 2011 12 31 3,449,450,000 344,945 363,217 3,295,325 3,658,542 (a) 2011 12 3123,272,0002010102,786,000 166,716,000 136,505,0002010909,891,000 802,060,000 167

21 (a) (b) 2010 1 1 442,395 257,378 699,773 83,547 83,547 2010 12 31 442,395 340,925 783,320 2011 1 1 442,395 340,925 783,320 163,672 163,672 2011 12 31 442,395 504,597 946,992 (a) (b) 50% 168

22 2011 2010 2011 2010 (a) 2009 2009 (a)(i) 1,816,777 1,900,290 1,816,777 1,900,290 2010 2010 (a)(ii) 4,022,221 4,219,819 4,022,221 4,219,819 (b) 1,000,000 905,000 (c) 3,152,385 2,146,650 3,152,385 2,146,650 (d) 5,168,236 5,159,260 (e) 2,070,071 2,291,498 622,071 1,209,498 (f) 2,600,478 2,151,255 (b) (50,000) (c) (645,798) (645,798) (f) (2,600,478) (d) (3,374,760) (2,500,423) (988,674) (777,580) 12,170,458 15,495,769 8,967,656 9,476,257 (d) 1,984,248 1,984,248 695,798 645,798 (f) 2,600,478 4,363,434 3,278,003 7,659,710 5,262,251 645,798 1,984,248 19,830,168 20,758,020 9,613,454 11,460,505 169

22 (a) 2011 12 31 5,440,076,000 (i) 2009 2009 11 14 97.562%300,000,0002,048,430,000 10% 285,384,000 1,948,633,000 2009 2016 11 14 2009 2011 2010 1 1 1,900,290 1,949,946 13,507 11,994 (97,020) (61,650) 12 31 1,816,777 1,900,290 (ii) 2010 2010 4 28650,000,0004,436,965,000 8.875% 636,600,000 4,343,810,000 2010 2017 4 2010 2010 2011 2010 1 1 4,219,819 4,343,810 12,612 8,222 (210,210) (132,213) 12 31 4,022,221 4,219,819 170

22 (b) 1,000,000,000 2019 1 3 2011 12 31 1,000,000,0002010 905,000,000 (c) 2010 125,000,0002013 1 25 2010 12 31 123,333,000 816,420,000 2011 20101,592,500,0002013 9 7 2011 12 31 1,574,806,000 1,275,672,000 20101,564,189,0001,330,230,000 20112,350,000,0002014 7 27 2011 12 31 2,314,750,0001,876,713,000 (d) 2011 12 31 4,722,039,0002010 4,711,009,0006 7 9 14 15 446,197,0002010 2,432,499,000 18(d) (e) 2011 12 31622,071,0002010 1,209,498,000 (f) (i) 12 2010 8I I 3,600,000,000 2012 3 13 98.16%II 900,000,00042(b)I 16% 171

22 (f) (i) 12 20102011 12 31 20112010 12 31 2011 2010 1 1 934,619 900,000 116,831 34,619 12 31 1,051,450 934,619 (ii) 2010 II II1,500,000,000 2012 11 33%II 4,419,212,000II 172

22 (f) (ii) 20112010 12 31 2011 2010 1 1 1,216,636 1,200,000 300,000 166,476 16,636 (134,084) 12 31 1,549,028 1,216,636 6 6 12 1 5 5 2011 12 31 3,837,809 2,493,651 1,816,777 4,022,221 2010 12 31 502,291 3,365,966 5,507,403 6,120,109 2011 12 31 1,587,634 6,072,076 2010 12 31 2,490,648 2,771,603 6 6 12 1 5 5 2011 12 31 3,128,658 1,816,777 4,022,221 2010 12 31 3,356,148 6,120,109 2011 12 31 645,798 2010 12 31 1,984,248 173

22 2011 2010 2009 1,816,777 11.02% 1,900,290 11.02% 2010 4,022,221 9.29% 4,219,819 9.29% 1,000,000 6.96% 905,000 6.53% 3,152,385 4.22% 1,330,230 3.47% 816,420 4.76% 677,578 3.51% 622,071 4.53% 2,516,168 3.88% 9,216,714 7.85% 8,392,515 7.46% 19,830,168 20,758,020 2011 2010 2009 1,816,777 11.02% 1,900,290 11.02% 2010 4,022,221 9.29% 4,219,819 9.29% 3,152,385 4.22% 1,330,230 3.47% 816,420 4.76% 677,578 3.51% 622,071 4.53% 2,516,168 3.88% 9,613,454 11,460,505 2011 2010 (i) 2,874,873 2,874,873 4,172,755 4,172,755 2009(ii) 1,816,777 1,677,071 1,900,290 2,206,787 2010(ii) 4,022,221 3,341,588 4,219,819 4,379,604 (i) 3,456,587 3,456,587 3,051,650 3,051,650 2,151,255 2,151,255 12,170,458 11,350,119 15,495,769 15,962,051 174

22 2011 2010 (i) 622,071 622,071 1,209,498 1,209,498 2009(ii) 1,816,777 1,677,071 1,900,290 2,206,787 2010(ii) 4,022,221 3,341,588 4,219,819 4,379,604 (i) 2,506,587 2,506,587 2,146,650 2,146,650 8,967,656 8,147,317 9,476,257 9,942,539 (i) (ii) 20112011 12 31 2011 12 31 1 2 1,383,905 1,606,673 2,990,578 2 5 1,149,888 1,816,777 1,299,914 4,266,579 5 341,080 4,022,221 550,000 4,913,301 2,874,873 5,838,998 3,456,587 12,170,458 1 2 188,979 1,506,673 1,695,652 2 5 433,092 1,816,777 999,914 3,249,783 5 4,022,221 4,022,221 622,071 5,838,998 2,506,587 8,967,656 175

22 2010 12 31 1 2 2,781,319 2,151,255 4,932,574 2 5 1,391,436 2,146,650 3,538,086 5 6,120,109 905,000 7,025,109 4,172,755 6,120,109 3,051,650 2,151,255 15,495,769 1 2 1,209,498 1,209,498 2 5 2,146,650 2,146,650 5 6,120,109 6,120,109 1,209,498 6,120,109 2,146,650 9,476,257 2011 2010 1 1,813,899 1,715,675 23 2011 4 2820164.0%5 32.53 0.1 18.2561.00 7.774 2011 5 19 2010 12 31 18.256 17.839 491,902,000 3,199,875,0002011 4 28 176

23 2011 4 282011 12 31 2011 4 28 2011 12 31 18.256 17.839 (a) 2.84% 1.97% 5 4.33 (b) 43% 68% (a) (b) 177

23 2011 12 31 2011 4 28 2,162,456 1,037,419 3,199,875 (176,922) (176,922) 194,587 194,587 (85,062) (85,062) (70,984) (70,984) 2011 12 31 2,200,997 860,497 3,061,494 2011 12 31 24 20112010 12 31 2011 2010 12 173,346 70,346 12 (1,549,574) (2,047,587) 178

24 20102011 12 31 2010 1 1 48,356 (655,632) (353,231) (960,507) 66,401 (66,401) 21,990 (239,172) (799,552) (1,016,734) 2010 12 31 70,346 (894,804) (286,830) (865,953) (1,977,241) 59,527 43,473 521,332 786 (24,105) 601,013 2011 12 31 129,873 43,473 (373,472) (286,044) (890,058) (1,376,228) 11,274,000 23,082,000 31,963,000 148,030,000 305,144,000 20122013201420152016 179

25 2011 2010 2011 2010 (a) 8,176,679 6,604,515 2,856,975 3,000,638 42(c) 708,240 710,417 572,357 570,676 (b) 2,014,782 1,702,943 10,260 61,856 34,301 29,005 440,205 352,502 136,705 109,970 275,866 246,876 11,650,073 9,646,258 3,576,297 3,743,140 (a) 20112010 12 31 2011 2010 90 6,288,702 5,643,242 90180 866,998 243,484 180365 594,464 553,945 365 426,515 163,844 8,176,679 6,604,515 (b) 2011 12 31 561,498,0002010 602,622,000 180

26 2011 2010 646,926 31,606 7,375,719 4,700,928 395,560 25,026 8,418,205 4,757,560 27 2011 2010 137,095 84,722 (a) 29,911 9,574 8,241 8,994 23,640 11,699 200,220 113,656 (a) 28 2011 2010 83,334 155,280 2006 184,872 21,988 57,460 105,322 397,612 181

29 33 30 2011 2010 31 496,554 340,021 274,385 180,314 85,480 20,224 5,400 5,200 659,081 516,261 6 68,293 47,280 8 3,330 3,557 7 40,072 40,107 8,635,701 9,638,967 (a) 1,254,716 1,033,236 201,872 137,596 179,690 30,347 68,925 56,734 (a) 5% 182

31 2011 2010 739,919 486,537 (a) 40,788 19,996 13,748 7,441 12,050 3,982 49,914 22,603 856,419 540,559 (a) 40,788,0002010 19,996,000 32 (a) 2011 12 31 3,743 10 3,753 3,202 10 3,212 3,202 10 3,212 2,658 10 2,668 2,658 10 2,668 2,658 10 2,668 (*) 282 282 (*) 282 282 (*) 282 282 846 18,121 60 19,027 183

32 (a) 2010 12 31 3,861 10 3,871 3,304 10 3,314 3,304 10 3,314 2,745 10 2,755 2,745 10 2,755 2,745 10 2,755 (*) 277 277 (*) 277 277 (*) 277 277 831 18,704 60 19,595 * (b) 2011 12 31 20102011 2010 12 31 2011 2010 29,592 27,555 2011 2010 5,000,001 5,500,000 2 4 6,000,001 6,500,000 3 1 184

32 (c) 20112010 12 31 33 2011 2010 (716,915) (599,982) (586,191) (643,735) (283,307) (51,255) (194,587) 644,608 360,453 1,781,000 1,203,736 644,608 269,217 34 2011 2010 2,577,233 1,088,448 4,043,050 2,485,274 370,534 25,026 24 (601,013) 1,016,734 6,389,804 4,615,482 185

34 2011 2010 11,623,484 11,034,078 2,845,658 2,707,965 (30,235) (a) (173,788) (78,668) (b) 320,715 80,311 (986,130) (604,426) 1,976,220 2,105,182 370,534 25,026 4,043,050 2,485,274 6,389,804 4,615,482 (a) 20112010 12 31 (b) 20112010 12 31 30% 60% 186

34 25%2008 1 1 2008 1 115% 25% 24% 201022% 2008 1 1 2008 1 1 10% 5% 22 2007 1 1 187

35 2011 2010 1 1 680,169 2,275,498 1,309,376 (1,041,009) (975,299) (554,320) 12 31 1,014,246 680,169 657,319 675,874 356,927 4,295 36 2011 2010 4,105,255 5,975,707 3,466,015 3,501,544 1.184 1.707 2011 2010 4,105,255 5,975,707 (70,984) (176,922) 3,857,349 5,975,707 3,466,015 3,501,544 149,499 3,615,514 3,501,544 1.067 1.707 188

37 2011 2010 0.108 20100.061(a) 307,245 174,185 0.234 20100.230(b) 657,319 668,054 964,564 842,239 (a) 2011 8 182011 6 300.108375,970,000 307,245,000 (b) 2011 5 19 2010 0.230 798,726,000 668,054,000 2012 5 10 20110.234 808,212,000 657,319,000 189

38 2011 2010 5,233,680 6,418,596 34 6,389,804 4,615,482 27 (137,095) (84,722) 33 (644,608) (269,217) 6 68,293 47,280 8 3,330 3,557 7 40,072 4,079 23,676 152,867 131,912 2006 184,872 (96,418) (3,198,208) 23 (176,922) 10 (120,938) (3,122,611) (13,327,430) (7,094,517) (1,555,911) (434,614) (459,178) (748,436) (1,620,942) 1,879,516 9,926,014 1,195,482 835,781 2011 2010 9 190

39 2011 2010 (a) 12,442,609 13,092,013 (b) 1,502,500 1,024,578 13,945,109 14,116,591 (a) 2011 12 31 12,442,609,0002010 13,092,013,000 (i) (ii) (b) 103,873,000,0002010 5,123,000,000 774,600,000 2011 2,911,600,000727,900,000 191

40 (a) 2011 2010 1 53,920 16,959 15 80,959 47,469 134,879 64,428 2011 2010 1 500 400 15 2,500 1,600 5 35,250 35,300 38,250 37,300 2011 2010 1 3,170 15 13,629 5 36,613 53,412 (b) 2011 2010 25,675,328 15,617,440 190,550 4,731,624 38,323 25,904,201 20,349,064 192

41 2011 2010 1 29,247 6,260 15 180,937 52,019 5 205,998 115,078 416,182 173,357 42 (a) Top Coast Investment Limited 193

42 (b) 20112010 12 31 2011 2010 (i) 921 846 (i) 9,724 5,733 34,000 2011 2010 39(b) 1,502,500 1,024,578 22(f)(i) 900,000 900,000 2,402,500 1,924,578 2011 2010 18,967 18,704 60 60 19,027 18,764 (i) 194

42 (c) 20112010 12 31 2011 2010 92,820 (i) 1,139,716 1,139,716 92,820 Top Coast Investment Limited (ii) 579,325 570,676 (iii) 92,820 (i) 30,952 139,741 5,143 708,240 710,417 (i) (ii) Top Coast Investment Limited191,140,0002010 324,766,000 388,185,0002010 245,910,000 (iii) 43 Top Coast Investment Limited 195

44 10,000 100% 100% 50,000,000 700,000,000 100% 100% 250,000,000 100% 380,000,000 100% 84,178,700 196

44 100% 102,000,000 100% 93,000,000 14,480,000 100% 37,500,000 100% 100% 50,000,000 118,900,000 100% 200,000,000 100% 2,100,000,000 70% 197

44 1,000,000,000 70% 570,000,000 100% 750,000,000 100% 200,000,000 100% 200,000,000 100% 100% 210,000,000 300,000,000 100% 100% 810,000,000 198

44 7,000,000 100% 10,000,000 100% 99,900,000 100% 100% 220,000,000 100% 350,000,000 100% 100,000,000 199

2011 12 31 2010 12 31 2009 12 31 2008 12 31 2007 12 31 25,642,029 17,038,594 12,958,385 7,386,451 5,548,468 56,136,193 52,839,739 31,219,797 27,591,326 23,157,435 81,778,222 69,878,333 44,178,182 34,977,777 28,705,903 23,756,843 20,335,159 15,073,179 13,794,626 9,033,705 16,781,526 17,543,356 10,860,297 7,582,469 7,480,609 41,239,853 31,999,818 18,244,706 13,600,682 12,191,589 58,021,379 49,543,174 29,105,003 21,183,151 19,672,198 81,778,222 69,878,333 44,178,182 34,977,777 28,705,903 * 2010 200

2011 2010 2009 2008 2007 22,944,566 20,520,192 13,330,783 9,326,292 10,312,324 (10,590,392) (11,131,277) (8,376,704) (5,889,994) (5,105,342) 12,354,174 9,388,915 4,954,079 3,436,298 5,206,982 (835,042) (694,639) (537,179) (462,539) (326,908) (876,565) (718,340) (611,793) (619,139) (381,731) 96,418 3,198,208 200,220 113,656 244,435 4,237,956 140,036 (105,322) (397,612) (326,545) (120,433) (50,143) (152,867) (125,327) (2,235) 64,777 (70,506) 10,681,016 10,764,861 3,720,762 6,536,920 4,517,730 176,922 644,608 269,217 (57,682) 92,437 (63,216) 120,938 11,623,484 11,034,078 3,663,080 6,629,357 4,454,514 (6,389,804) (4,615,482) (1,661,129) (1,171,919) (2,343,729) 5,233,680 6,418,596 2,001,951 5,457,438 2,110,785 4,105,255 5,975,707 1,865,160 5,466,905 2,102,824 1,128,425 442,889 136,791 (9,467) 7,961 5,233,680 6,418,596 2,001,951 5,457,438 2,110,785 1.184 1.707 0.518 1.465 0.561 1.067 1.707 0.518 1.465 0.561 964,564 850,059 556,675 1,089,494 713,065 * 201

GBS, OBE, JP GBS, OBE, JP GBS, OBE, JP GBS, OBE, JP 202

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 528463 28 26 ir@agile.com.cn (852) 2847 3383 (86) 760 8668 6868 (852) 2780 8822 (86) 760 8632 7753 3 33 www.agile.com.cn Butterfield Fulcrum Group (Cayman) Limited Butterfield House 68 Fort Street P.O. Box 609 Grand Cayman KY1-1107 Cayman Islands 203

3383 2011 12 31 240.08 3,449,450,000 6.96 2016 310% 2017 6.58.875% 2016 54% 2011 1 13.52 11.16 2 12.10 9.50 3 12.64 9.50 4 14.24 12.02 5 13.50 11.82 6 13.70 11.06 7 13.68 11.70 8 12.86 9.44 9 10.84 5.01 10 8.23 4.16 11 7.38 4.76 12 7.23 6.10 204

2012 2012 2012 5 4 2012 5 75 10 2012 5 10 2012 5 10 2012 5 14 2012 5 15 2012 5 165 18 2012 5 18 2012 6 8 2012 2826 20122012 6 82012 5 18 2012 2012 5 10 2012 2012 10.8 23.4 205

2011 2011 5 19 2011 8 18 2011 9 27 2012 2012 2012 3 8 2012 5 72012 5 10 2012 5 10 2012 5 14 2012 5 162012 5 18 2012 6 8 www.agile.com.cnwww.hkex.com.hk 206

2012 BVI GBS GDP GFA HIBOR HKAS HKFRS(s) 2012 5 10 Top Coast 32 207

JP LIBOR OBE Top Coast 571 0.10 Top Coast Investment Limited2005 5 17BVI % 208

1992 1998 2003 www.agile.com.cn