目錄

目錄 1 4 7 8. 9. 21. 25 29 31 39 1 44 57 59 61 159

公司簡介

公司簡介 ( 續 ) 3 832.HK 19 18 5 537 200 110 28 143755 2010 36 35 2010TOP10 2010 TOP10 2 0 1 0

10.3%

主席報告 ( 續 ) 12.2% 45 65% 24 5 2 0 1 0

主席報告 ( 續 ) 3 310 2011 3 16 6

財務摘要 2010 2009 (%) 4,516,351 2,739,831 +64.8 544,887 405,326 +34.4 165,000 117,953 +39.9 + (%) 43.6 11.1 +32.5* (%) 34.2 34.7-0.5* (%) 12.8 15.6-2.8* 7 0.2724 0.2027 +34.4 0.2623 0.2015 +30.2 0.097 0.068 +42.6 1.75 1.56 +12.2 * + 4,516 4,000 3,227 700 653 2,000 1,261 1,822 2,740 350 405 545 141 165 0 0 06 07 08 09 10 06 07 08 09 10 2 0 1 0

管理層討論與分析 ( 續 ) 1. 2010 2010 397,983 10.3% 2010 22,943200912.2% 1.9 2. 9 2010 10.435.2510.1% 18.3% 5,452 25.8% 15.7 1,659 43.5% 25.2 2 0 1 0

管理層討論與分析 ( 續 ) (1) 2010 1,235,5951,074,6982010 1,114,45654.9 200928.1% 51.8%2011 (2) 2010 201,235,595 30.0% 2010 10 225,266 1,010,329 1,235,595 2010 12 31261,433,261 521 2010 12 31 363,221 1,070,040 1,433,261

管理層討論與分析 ( 續 ) 23 1,074,698 1,039,414856,652 82% 2010 11 37,941 25,760 24,309 19,053 19,053 16,532 75,877 71,154 71,103 40,672 34,879 33,846 44,497 42,497 33,986 47,700 47,607 45,390 36,229 36,229 9,602 23,663 23,582 17,338 22,195 21,182 16,517 99,165 98,713 88,406 69,457 69,810 23,715 46,338 46,317 28,868 41,019 41,019 35,992 7,411 6,936 6,407 29,524 29,299 27,346 89,388 88,995 86,914 39,888 39,737 28,487 28,616 25,475 24,316 133,898 133,898 124,150 16,258 15,595 10,687 74,268 70,036 64,911 35,500 35,500 26,313 16,141 16,141 11,517 1,074,698 1,039,414 856,652 2 0 1 0

管理層討論與分析 ( 續 ) (3) 1,114,45654.9 200928.1% 51.8% 2010 12 31 258,035 1,922,557 856,421 3,570,080 1,114,456 5,492,637 12 (3) 2010 2010 12 31 1181 923 1. 2010 1 28 9,802 93,4811.2 2010 3 4 5,515 60,2152.8

管理層討論與分析 ( 續 ) 2010 4 20 30% 5,030 10,2657.0 2010 7 31 5,50715,216 26,22721,409 4,8184.5 0.6 69,962 5.5 13 2 0 1 0

管理層討論與分析 ( 續 ) 2010 9 16 8,556 114,0081.51 2010 11 16 22,110 29,333.337.0 2010 11 17 5,400 22,4211.6 2010 12 9 110,845 56,920.653.5 2011 1 11 25,648.513,771 140,155.6534,644.65 3.0 14

管理層討論與分析 ( 續 ) 2011 1 27 50% 196,165 86,956.573.5 2. 2010 1 28 100%17,65229,421.56 4.0 2010 10 12 35% 10,200 65%100% 78,115.66 1.5 15 2 0 1 0

管理層討論與分析 ( 續 ) 3. 2010 5 18 669,387,000 25%167,370,000 2010 5 18 2011 4 4 2010 12 25 163,630,00025.1% 2010 12 31 2011 4 4 2010 12 26 60,000,000 579,590,000 284,000,000235,590,000 100%51% 2010 12 31 2011 4 4 16

管理層討論與分析 ( 續 ) 2010 4 29 100,000,00050%2010 11 12 1,088,602,500 50,000,00014 13.13 2011 4 4 17 2010 6 7 50,000,00050% 50% 200,000,000 225,000,00014 2011 4 4 2 0 1 0

管理層討論與分析 ( 續 ) 1. 12% 2. 88% 18 3.76% 10.61% 1.99% 2.77% 7.58% 73.28%

管理層討論與分析 ( 續 ) 3. 22% 88% 19 4. 3.7% 3.92% 2.05% 0.73% 19.98% 2.65% 11.31% 4.53% 2.19% 14.66% 3.73% 2.05% 7.38% 3.93% 11.76% 4% 1.43% 2010 2 0 1 0

管理層討論與分析 ( 續 ) 2010 20

管理層討論與分析 ( 續 ). 2011 2011 2011 21. 2011 2011 2 0 1 0

管理層討論與分析 ( 續 ) 2011 (1) 201137 3,060,266 2011 (%) 475,510 15.5% 2,584,756 84.5% 3,060,266 100.0% 22

管理層討論與分析 ( 續 ) (2) 201135 1,678,476 2011 23 67,483 24,215 36,828 57,397 109,059 116,206 96,875 64,614 85,295 56,300 47,407 22,202 27,493 87,624 21,805 72,009 69,818 51,800 11,664 72,577 10,394 137,685 49,800 40,441 34,320 13,811 55,870 6,617 8,880 17,155 24,205 2,901 30,363 16,540 30,823 1,678,476 2 0 1 0

管理層討論與分析 ( 續 ) 2011 100% 42,450 108,921 154 2011 100% 72,273 83,300 2011 100% 13,769 45,111 7 2011 95% 131,209 513,600 24 2011 100% 29,450 167,619 2011 60% 233,411 278,368 2011 80% 125,682 163,387 2012 60% 183,105 819,352 2012 100% 163,433 528,880 2012 60% 836,000 850,000

管理層討論與分析 ( 續 ) 2010 4,5164,392 20092,7401,77764.8% (1) 2009 662,06755.2% 2010 1,027,276 (2) 20094,0186.4% 20104,275 20102,97020091,788 1,18266.1% 201034.2%34.7% 25 2010 33 2009429 200922201028 627.8% 2010144 2009113 3127.4% 16 6 20091652010234 6941.8% 20091920108 112009 5 2 0 1 0

管理層討論與分析 ( 續 ) 2010 2010 12 31 2010 12 312009 2010123 20096657 155 90 8 20104 2010515223 130.9% 2009 34.3% 2010 47.1% 26 545 2009405 34.5% 2010 12 313,3702009 2,3652009 12 31 118

管理層討論與分析 ( 續 ) 300 2010 12 31 2010 2009 1,423,859 1,114,194 324,416 628,622 168,000 30,000 1,916,275 1,772,816 27 168,010 95,640 297,870 119,010 152,000 253,870 617,880 468,520 552,209 551,288 552,209 551,288 1,928,806 5,015,170 2,792,624 (3,370,335) (2,364,987) (60,000) 1,644,835 367,637 3,771,684 3,319,693 (%) 43.6% 11.1,% 2 0 1 0

管理層討論與分析 ( 續 ) 2010 12 312,19820091,912 2010 12 31 3,0612009 2,473 2010 12 311,957 2009 1,759 11,805 2009 6,691 (i) (ii) 28 2010 12 311,218 2009 9502010 1342009107 25.2%

企業社會責任報告 20102010 2010 2010 8 23650 29 20082010 4 14 2010 4 21 34 2 0 1 0

企業社會責任報告 2010 100 30

企業管治報告 2010 12 31 2010 12 31 31 2 0 1 0

企業管治報告 ( 續 ) 2010 3 22 32 2010 3 1 39 43

企業管治報告 ( 續 ) 3.10 3.13 33 2 0 1 0

企業管治報告 ( 續 ) 2010 12 31 2010 1 1 2010 12 31 7/7 2/2 7/7 4/7 * 2/7 1/7 1/2 1/7 1/7 3/7 2/2 2/2 1/7 2010 3 1 2/6 2/2 2/2 34 * 2010 3 22

企業管治報告 ( 續 ) 35 2010 12 31 32 2 0 1 0

企業管治報告 ( 續 ) 2010 12 31 3.212008 5 14 2010 12 31 2010 3 1 36

企業管治報告 ( 續 ) 2010 12 31 3.1 0.9 37 2008 5 14 2010 12 31 2010 3 1 (i) (ii) (iii) 2010 12 31 2 0 1 0

企業管治報告 ( 續 ) http://www.centralchina.com 20 38

董事及高級管理層履歷 60 1979 2005 3 27 CEO 181979 1982 1985 1985 19861986 1988 1988 1991 1992 5 39 52 1985 1996 Macquarie University2007 6CEO 2004 11 1980 199620 10 1993 1996 1998 2004 3 12272002 9 2004 72042003 9 2007 1 81482003 11 2007 3 2 0 1 0

董事及高級管理層履歷 ( 續 ) 51 1986 2000 201992 2 1985 1988 1988 1991 481985 2002 11 40 2003 2005 2005 9 2006 2006 6 21 2007 11

董事及高級管理層履歷 ( 續 ) 2010 3 22 44 19942007 2007 152001 1988 1992 31994 2001 9 2007 11 41 292006 2007Macquarie University 2006 2005Banatex Architects Pty Ltd. 2007 11 40 2005 11 2006 11 754Home Inns & Hotels Management Inc. 2 0 1 0

董事及高級管理層履歷 ( 續 ) 5019861990 2002 University of Wolverhampton 1986 11 1989 1 1989 7 1990 4 1990 5 2006 9 2006 10 2007 10T.C.C. International Limited2008 9 2008 1 601977 201978 19801981 1983 1983 19841984 1988 1999 19882005 5 1997 4 2008 1 42

董事及高級管理層履歷 ( 續 ) 611980 1983 1983 1984 1985 20 1985 19891995 1997Potter Warburg Citic- Hambros 622) 1168)Mori Denki Mfg. Co., Ltd. Oriental Technologies Investment Limited 724 8295 43 2011 3 1838 University of Wisconsin- Madison10 2007 6 1997 8 2002 72002 7 2004 11 2004 12 2007 5 2011 3 18 41 20 2011 3 8 8) 1114 2 0 1 0

董事會報告 2010 12 31 8 2010 12 31 2010 12 31 2010 12 3161 158 2010 12 319.7 44 159 160 14 15 3,673,000 12.25% 2015 300,000,000 30

董事會報告 ( 續 ) 33(a) 2010 12 3133(b) 2010 12 31 12.4%2010 12 31 3.6% 45 30% 30% 37(a) 5% 2010 12 31 2010 3 22 2 0 1 0

董事會報告 ( 續 ) 2010 3 1 87 3.13 2008 6 63 46 2008 6 63 2008 5 16 2008 6 63 2010 3 1 2010 3 13 1 37

董事會報告 ( 續 ) 2010 12 31 571XV 352 944,246,8201 47.21% 8,350,0003 0.42% 47 13,647,5552 0.68% 4,500,0003 0.23% 2,500,0003 0.13% 1,500,0003 0.08% 3,500,0003 0.18% 1. 944,246,820 944,246,820 2. 13,647,555 13,647,555 3. 134 135 2 0 1 0

董事會報告 ( 續 ) 2010 12 31 5% 336 1) 2 944,246,820 47.2% 2 944,246,820 47.2% CapitaLand LF (Cayman) 542,105,625 27.1% Holdings Co., Ltd 3 48 3 542,105,625 27.1% CapitaLand Residential Limited ("CapitaLand Residential") 3 542,105,625 27.1% 3 542,105,625 27.1% Temasek Holdings (Private) Limited 3 542,105,625 27.1% FV Green Alpha Two Limited ("FV Green") 4 289,951,497 14.5%

董事會報告 ( 續 ) 1. 2,000,000,000 2. 944,246,820 3. CapitaLand Residential CapitaLand Residential Temasek Holdings Private Limited 40.9%CapitaLand Residential Temasek Holdings Private Limited 49 4. 2009 8 5 FV Green687 FV Green68,338,594 3.10 221,612,903FV Green 4.10 68,338,594FV Green 2009 8 312009 8 5 2009 8 31 2008 5 16 AAA 2 0 1 0

董事會報告 ( 續 ) 1. 2. 2010 3 8A 2010 1 1 2010 12 31 (i) A (ii) CapitaLand LF (Cayman) Holdings Co., Ltd. CapitaLand China Holdings Pte Ltd 50 2008 5 16 B BB 1. 5%

董事會報告 ( 續 ) 2. 30 30 2011 3 8B (i) B(ii) 51 A. 32,000,0000.1 1.00 2010 12 31 29,100,000 2 0 1 0

董事會報告 ( 續 ) 12008 5 25 2010 1 12010 12 31 2010 2010 12 31 1 1 2008 5 14 2.75 6,350,000 6,350,000 2008 5 14 2.75 2,500,000 2,500,000 2008 5 14 2.75 2,500,000 2,500,000 2008 5 14 2.75 1,500,000 1,500,000 2008 5 14 2.75 1,500,000 1,500,000 14,350,000 14,350,000 2008 5 14 2.75 15,100,000 350,000 14,750,000 52 29,450,000 350,000 29,100,000 20% 40%

董事會報告 ( 續 ) B. 10% 30% 1 53 1%1% 10 2 0 1 0

董事會報告 ( 續 ) (i) (ii) (iii) 201020,000,0000.1 2018 5 13 2010 1 12010 12 31 2010 2010 12 31 1 1 2010 1.90 2,000,000 2,000,000 54 5 25 2010 1.90 2,000,000 2,000,000 5 25 2010 1.90 2,000,000 2,000,000 5 25 6,000,000 6,000,000 2010 1.90 14,000,000 14,000,000 5 25 20,000,000 20,000,000 2010 5 25 20% 40%

董事會報告 ( 續 ) 2010 12 31 55 2000 12 1 485 7 2010 12 31 25 26 29 30 2 0 1 0

董事會報告 ( 續 ) 3.13 40 82009 11.8 56 2011 3 16

公司資料 2010 3 22 57 2010 3 1 2011 3 18 2011 3 18 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 88 1 77 7701B-7702A 2 0 1 0

公司資料 ( 續 ) www.centralchina.com Butterfield Fund Services (Cayman) Limited Butterfield House 68 Fort Street Grand Cayman KY1-1107 Cayman Islands 183 17 1712-1716 58

獨立核數師報告 61 158 2010 12 31 59 2 0 1 0

獨立核數師報告 60 2010 12 31 10 2011 3 16

綜合收益表 2010 12 31 2010 2009 4 4,516,351 2,739,831 (2,970,439) (1,788,249) 1,545,912 951,582 5 33,356 41,964 5 27,532 21,541 (143,900) (113,285) (234,044) (164,708) (8,062) (19,292) 1,220,794 717,802 61 17 (2,224) (2,831) 18 (3,904) 6(a) (122,853) (66,080) 1,091,813 648,891 15 3,673 2,461 6 1,095,486 651,352 7(a) (515,427) (223,221) 580,059 428,131 544,887 405,326 35,172 22,805 580,059 428,131 12 27.24 20.27 26.23 20.15 33(c) 2 0 1 0

綜合全面收益表 2010 12 31 2010 2009 580,059 428,131 11 28,093 2,659 608,152 430,790 571,753 407,749 36,399 23,041 608,152 430,790 62

綜合資產負債表 2010 12 31 2010 12 31 2009 12 31 2009 1 1 14 513,268 244,163 211,209 15 276,900 264,400 254,584 17 40,837 19,471 22,302 18 2,742,160 19 71,800 15,800 15,400 32(b) 18,260 19,294 3,309 3,663,225 563,128 506,804 63 20 163,461 21 6,334,705 5,247,446 4,803,837 22 328,064 275,625 223,103 23 956,533 1,146,004 343,568 32(a) 80,468 42,474 27,520 24 536,376 506,989 409,797 3,370,335 2,364,987 927,721 11,769,942 9,583,525 6,735,546 25 1,423,859 1,114,194 701,179 26 168,010 95,640 123,950 27 2,828,509 2,040,030 1,940,923 28 3,453,939 1,770,122 947,270 32(a) 311,806 157,141 106,842 8,186,123 5,177,127 3,820,164 3,583,819 4,406,398 2,915,382 2 0 1 0

綜合資產負債表 ( 續 ) 2010 12 31 2010 12 31 2009 12 31 2009 1 1 7,247,044 4,969,526 3,422,186 25 492,416 658,622 232,028 26 449,870 372,880 36,790 29 552,209 551,288 30 1,928,806 32(b) 52,059 67,043 63,446 3,475,360 1,649,833 332,264 3,771,684 3,319,693 3,089,922 64 33 179,637 179,637 179,637 3,316,181 2,944,720 2,760,495 3,495,818 3,124,357 2,940,132 275,866 195,336 149,790 3,771,684 3,319,693 3,089,922 2011 3 16

資產負債表 2010 12 31 2010 2009 16 3,836,883 1,988,999 64 22 36,902 17,101 191,470 144,245 228,372 161,410 25 68,222 27 140,642 85,460 140,642 153,682 65 87,730 7,728 3,924,613 1,996,727 29 552,209 551,288 30 1,928,806 2,481,015 551,288 1,433,598 1,445,439 33 179,637 179,637 1,263,961 1,265,802 1,443,598 1,445,439 2011 3 16 2 0 1 0

綜合權益變動表 2010 12 31 33(a) 33(b)(i) 33(b)(ii) 33(b)(iii) 33(b)(iv) 33(b)(v) 29 29 2010 1 1 179,637 1,076,820 322,814 913,502 (20,295) 14,947 43,166 11,906 581,860 3,124,357 195,336 3,319,693 544,887 544,887 35,172 580,059 11 26,866 26,866 1,227 28,093 26,866 544,887 571,753 36,399 608,152 66 33(c)(ii) (117,953) (117,953) (117,953) (24,007) (24,007) 147,703 (147,703) 46,000 46,000 7,143 7,143 7,143 147,703 7,143 (265,656) (110,810) 21,993 (88,817) 38(b) (89,482) (89,482) (46,797) (136,279) 38(a) 68,935 68,935 (89,482) (89,482) 22,138 (67,344) 2010 12 31 179,637 1,076,820 470,517 824,020 6,571 22,090 43,166 11,906 861,091 3,495,818 275,866 3,771,684

綜合權益變動表 ( 續 ) 2010 12 31 33 33 33 33(a) (b)(i) (b)(ii) (b)(iii) 33 33 (b)(iv) (b)(v) 29 29 2009 1 1 179,637 1,076,820 246,938 1,006,607 (22,718) 6,604 446,244 2,940,132 149,790 3,089,922 405,326 405,326 22,805 428,131 11 2,423 2,423 236 2,659 2,423 405,326 407,749 23,041 430,790 67 33(c)(ii) (193,834) (193,834) (193,834) (14,000) (14,000) 75,876 (75,876) 43,166 11,906 55,072 55,072 36,505 36,505 8,343 8,343 8,343 75,876 8,343 43,166 11,906 (269,710) (130,419) 22,505 (107,914) (93,105) (93,105) (93,105) 2009 12 31 179,637 1,076,820 322,814 913,502 (20,295) 14,947 43,166 11,906 581,860 3,124,357 195,336 3,319,693 2 0 1 0

綜合現金流量表 2010 12 31 2010 2009 1,095,486 651,352 (31,999) (39,009) 15,111 12,011 7,143 8,343 (1,307) (1,163) (3,673) (2,461) (443) (16,012) 2,224 2,831 3,904 122,853 66,080 (6,869) 275 5,440 (1,351) (7,474) 68 (1,131,401) (388,354) (32,689) (39,935) 198,571 (802,436) 394,820 80,118 (89,387) (137,192) 1,684,491 822,852 2,225,484 215,266

綜合現金流量表 ( 續 ) 2010 12 31 2010 2009 2,225,484 215,266 (412,732) (200,261) 1,812,752 15,005 69 (212,939) (60,251) 709 25,858 (156,592) (4,054) 3,779 (401) 38(b) (136,279) (163,414) (738,724) 18 11,494 (56,000) (4,500) 38(a) (287,864) 257 50,000 (19,090) (1,105,509) 1,307 763 31,999 39,009 (2,694,719) (108,711) 2 0 1 0

綜合現金流量表 ( 續 ) 2010 12 31 2010 2009 1,248,762 1,650,812 (1,045,303) (770,718) 930,470 546,600 (781,110) (238,820) 671,368 1,971,809 (303,139) (159,115) (117,953) (193,834) (24,007) (14,000) 46,000 36,505 1,925,529 1,528,798 70 1,043,562 1,435,092 1 1 2,364,987 927,721 (38,214) 2,174 12 31 3,370,335 2,364,987

財務報表附註 1 2007 11 15 22 (1961 1 77 7701B-7702ACricket Square, Hutchins Drive, P.O. Box 2681,Grand Cayman, KY1-1111, Cayman Islands 2 (a) 71 3 (b) 2010 12 31 2 0 1 0

2 (b) 2(g) 2(e) 2(f) 72 39 (c)

2 (c) 2(p) (q) 73 2(e) 2(d) 2(j) 2 0 1 0

2 (d) 2(j) 74

2 (e) 2(v)(v) 2(j) 75 (f) (g) 2(i) 2(v)(ii) 2(i) 2(i) 2 0 1 0

2 (h) (i) 2(j) 2(i) 2(x) 76 30 5 10 5

2 (h) (ii) 2(j) 77 (i) (i) 2(g) 2 0 1 0

2 (i) (ii) 2(g)2(k) (j) (i) 78 2(j)(ii)

2 (j) (i) 2(d) 2(j)(ii) 2(j)(ii) 79 2 0 1 0

2 (j) (i) (ii) 80

2 (j) (ii) 81 (iii) 34 2(j)(i) (ii) 2 0 1 0

2 (k) (i) 2(x) (ii) 82 (l) 2(v)(iii)

2 (m) 2(j) (n) 83 2(f) 2(f) 2 0 1 0

2 (n) (o) 2(f) 84 2(f) (p) (q) 2(u)(i)

2 (r) (s) (i) 85 (ii) (Cox Ross Rubinstein) 2 0 1 0

2 (t) 86

2 (t) 87 2 0 1 0

2 (u) (i) (i)(ii) 2(u)(ii) 88 (ii)

2 (v) (i) 89 (ii) (iii) 2 0 1 0

2 (v) (iv) (v) (w) 90

2 (x) (y) 91 (i) (ii) (iii) (iv) (v) (i) (vi) 2 0 1 0

2 (z) 3 92 5 3 2008 27 2009 2010 11 5 1 69(d)

3 5 2009 2010 1 12009 12 31 5 93 2009 12 31 982,154 132,040 1,114,194 790,662 (132,040) 658,622 2009 1 1 488,790 212,389 701,179 444,417 (212,389) 232,028 327 3 27 2 0 1 0

4 2010 2009 4,391,722 2,659,942 25,143 22,084 99,486 57,805 4,516,351 2,739,831 10% 5. 94 2010 2009 31,999 39,009 1,307 1,163 50 1,792 33,356 41,964 2010 2009 443 16,012 1,351 7,474 18,869 (296) 6,869 (275) (1,374) 27,532 21,541

6 2010 2009 (a) 95 113,323 99,706 95,917 37,203 12(b)(i) 53,984 17,688 48,917 5,297 8,022 7,391 6,978 324,829 169,597 * (190,424) (100,221) 134,405 69,376 12(b)(i) (9,480) (3,296) (2,072) 122,853 66,080 * 1.29% 14.00% 20091.33% 14.00% 2 0 1 0

6 2010 2009 (b) 134,231 106,821 7,353 4,979 31 7,143 8,343 5%20,000 96 2010 2009 (c) 15,111 12,011 (4,182) 14 5,440 3,065 3,534 2,876,932 1,738,510 2,395 776 2,050,000 20094,940,000 (23,093) (17,144)

7 (a) 2010 2009 274,890 184,021 226,798 51,585 27,689 529,377 235,606 97 (12,380) 283 (1,570) (12,668) (13,950) (12,385) 515,427 223,221 (i) (ii) (iii) 10% 15% 2009 10% 15%25% 2009 25% 25% 2009 25% 2 0 1 0

7 (a) : (iv) 1994 1 11995 1 27 30% 60% 20% 1.5% 4.5% 2009 1.5% 3.5% (v) 2008 1 1 5% 12% 98 (b) 2010 2009 1,095,486 651,352 25% 2009 : 25% 273,872 162,838 14,012 (4,267) (7,722) (4,629) 39,385 32,507 12,726 12,110 (5,318) (4,862) (9,315) (9,165) 27,689 226,798 51,585 (56,700) (12,896) 515,427 223,221

8 2010 99 3,382 11 1,365 4,758 2,900 11 3,174 730 6,815 919 11 565 1,495 87 412 499 87 248 335 225 11 236 208 208 210 210 2010 3 1 173 173 990 7,201 44 3,174 3,320 14,729 2 0 1 0

8 2009 2,863 11 220 1,781 4,875 1,833 11 1,974 701 4,519 753 11 726 421 1,911 100 88 701 789 88 421 509 229 11 18 258 2009 9 3 211 211 2009 12 18 211 211 246 246 1,073 5,449 44 2,938 4,025 13,529 2(s)(ii)

9 2009 82009 2010 2009 1,962 1,426 1,489 812 453 631 44 22 3,948 2,891 101 2009 2010 2009 1,000,0011,500,000 1 2 2,000,0012,500,000 1 10 157,376,000 2009 115,427,000 33(c) 2 0 1 0

11 2010 2009 28,093 2,659 12 (a) 544,887,000 2009 405,326,0002,000,000,000 2009 2,000,000,000 102 (b) 589,391,000 2009 419,718,000 2,246,774,194 2009 2,082,483,429 (i) 2010 2009 544,887 405,326 6(a) 53,984 17,688 6(a) (9,480) (3,296) 589,391 419,718

12 (b) (ii) 2010 2009 12 31 2,000,000 2,000,000 246,774 82,483 12 31 2,246,774 2,082,483 103 13 8 4 2 0 1 0

14 2010 2010 1 1 46,738 115,351 108,980 21,513 15,608 308,190 112,843 90,254 6,757 3,125 212,979 (1,111) (1,100) (2,211) 11,505 (11,505) 33,124 38,413 71,537 104 2010 12 31 192,705 165,269 187,729 27,159 17,633 590,495 2010 1 1 4,622 41,163 8,812 9,430 64,027 2,005 6,859 4,132 2,115 15,111 (1,019) (892) (1,911) 2010 12 31 6,627 48,022 11,925 10,653 77,227 2010 12 31 186,078 117,247 187,729 15,234 6,980 513,268

14 2009 105 2009 1 1 46,738 125,048 59,361 14,975 14,017 260,139 49,619 8,170 2,462 60,251 (9,697) (1,632) (871) (12,200) 2009 12 31 46,738 115,351 108,980 21,513 15,608 308,190 2009 1 1 3,728 30,629 6,632 7,941 48,930 894 5,579 3,324 2,214 12,011 (485) (1,144) (725) (2,354) 6(c) 5,440 5,440 2009 12 31 4,622 41,163 8,812 9,430 64,027 2009 12 31 42,116 74,188 108,980 12,701 6,178 244,163 2 0 1 0

14 2010 2009 24,597 25,086 161,481 17,030 186,078 42,116 106,997,000 2009 26 106

15 2009 1 1 245,200 9,384 254,584 401 401 (654) 3,115 2,461 6,954 6,954 2009 12 31 251,500 12,900 264,400 107 2009 251,500 12,900 264,400 2010 1 1 251,500 12,900 264,400 3,673 3,673 12,900 (12,900) 8,827 8,827 2010 12 31 276,900 276,900 2010 276,900 276,900 (a) 2010 12 31 2 0 1 0

15 (b) 2010 2009 189,500 176,300 87,400 88,100 276,900 264,400 (c) 1 12 108 2010 2009 1 1,536 1,500 15 6,384 6,264 5 207 1,863 8,127 9,627 16 2010 2009 135,135 135,135 3,701,748 1,853,864 3,836,883 1,988,999 1

16 10,000,000 100% 10,000 95% 30,000,000 100% 109 60,000,000 60% 10,000,000-100% 10,010,000 85% 1 100% 30,000,000 100% 673,000,000 100% 10,000,000 100% 2 0 1 0

16 2,360,000,000 100% 30,000,000 100% 13,289 100% 1 100% 20,000,000 100% 1 100% 110 1 95% 80,000,000 100% 15,000,000 100% (a) 390,000,000 100% 120,100,000 100%

16 8,000,000 60% 5,000,000 60% 150,000,000 100% 35,000,000 100% 30,000,000 100% 111 14,618 100% 150,000,000 60% 60,000,000 80% 30,000,000 100% 60,000,000 100% 2 0 1 0

16 10,537,000 100% 44,900,000 100% (b) 30,000,000 50% 58,000,000 60% 57,000,000 100% 10,000,000 75% 112 100,000,000 100% 59,690,720 95% 37,577,000 100% 28,000,000 100%

16 40,500,000 100% 38,000,000 100% 10,537,000 100% 100,000,000 100% 4,500,000 100% 113 1,000,000 100% 50,000,000 100% 30,000,000 70% 30,000,000 100% 60,000,000 60% 10,000,000 100% 2 0 1 0

16 10,000,000 100% 47,877,400 100% 100,000,000 60% 20,000,000 100% 30,000,000 100% 2,000,000 100% 114 Ahead Properties Limited 1 100% Bumper Up Limited 1 100% (a) 26(b)(ii)48.72% (b)

17 2010 2009 21,747 19,471 19,090 40,837 19,471 115 69,000,000 40% 15,000,000 30% 2010 100% 390,492 332,400 58,092 13,777 (5,585) 125,872 104,125 21,747 4,133 (2,224) 2009 100% 83,417 34,740 48,677 6,678 (7,077) 33,367 13,896 19,471 2,671 (2,831) 2 0 1 0

18 2010 2009 1,180,604 1,561,556 2,742,160 90,000,000 6.67% 116 50,000,000 50% 100,000,000 50% 652,000,000 74.9% 579,590,000 51% 310,200,000 51% (i) 669,387,000 502,017,000 502,017,000 167,370,000 167,370,000(ii) 167,370,000(iii)7.5%

18 6.3%6 117 (544,176) 90,000 456,047 9,623 (11,494) (11,494) 2 0 1 0

18 2010 2009 600,914 2,063,525 (981,818) (502,017) 1,180,604 23 (3,927) (3,904) 118 19 2010 2009 71,800 15,800 2010 12 31 2009 12 31

財務報表附註 20 2010 2009 163,461 2010 12 31 7 21 119 2010 2009 5,277,502 4,104,937 1,057,203 1,142,509 6,334,705 5,247,446 (a) 2010 2009 3,117,499 2,785,515 230,722 15,816 3,348,221 2,801,331 2 0 1 0

21 (b) 2010 2009 2,164,860 2,362,234 (c) 2010 2009 2,876,932 1,738,510 120 (d) 25 26 (e) 2010 2009 1 11,277 9,240 1 5 39,416 35,826 5 93,118 101,685 143,811 146,751

22 2010 2009 2010 2009 100 290 (a) 40,737 2,950 203,260 142,647 (b) 43,126 112,637 (c) 3,939 29 30) 36,902 17,101 36,902 17,101 121 328,064 275,625 36,902 17,101 (a) 2010 2009 1 38,417 443 1 3 156 130 3 6 250 250 61 522 786 1 1,392 1,341 40,737 2,950 34(b). 36 2 0 1 0

22 (b) 42,774,000 2009112,347,000 37(a) (c) 2010 12 31 491,750,000 2009436,048,000 23 2010 12 31774,093,000 2009 833,550,000 24 2010 2009 122 163,146 181,985 373,230 265,004 25(b) 60,000 536,376 506,989

25 (a) 2010 12 31 2010 12 31 2009 12 31 2009 1 1 2010 12 31 2009 12 31 1 1,423,859 1,114,194 701,179 68,222 12 324,416 628,622 212,028 25 168,000 30,000 20,000 123 492,416 658,622 232,028 1,916,275 1,772,816 933,207 68,222 (b) 2010 12 31 2010 2009 2010 2009 1,176,640 1,656,594 739,635 116,222 68,222 1,916,275 1,772,816 68,222 2 0 1 0

25 (b) 2010 12 31 2010 12 31 2010 2009 1,916,744 1,852,163 24 60,000 (c) 1,916,744 1,912,163 2010 12 31 4.70% 9.18% 2009 5.31% 9.18% 124 (d) 2010 12 31 152,672,000 2009 12 31132,040,000 2009 1 1212,389,00053 34(c) 2010 12 312009

26 (a) 2010 12 31 2010 2009 1 168,010 95,640 12 297,870 119,010 25 152,000 253,870 449,870 372,880 125 617,880 468,520 (b) 2010 12 31 2010 2009 (i) 357,880 391,880 (ii) 260,000 76,640 617,880 468,520 2 0 1 0

26 (b) 2010 12 31 (i) 2010 2009 174,457 250,439 106,997 281,454 250,439 25,000,000 200940,000,000 2010 12 31 133,069,000 2009141,262,000 126 (ii) 190,000,000 2009 7,640,000 (iii) 2010 12 31 6.38% 14.00% 2009 6.30% 14.00%

27 2010 2009 2010 2009 127 373,230 265,004 (a) 980,002 806,226 904,945 688,491 49,467 (b) 355,783 (b) 32 32 (b) 123,342 158,437 22(c) 36,380 29 91,175 85,460 91,175 85,460 2,828,509 2,040,030 140,642 85,460 2010 12 31 198,796,000 2009107,996,000 (a) 2010 2009 1 781,206 698,230 1 198,796 107,996 980,002 806,226 (b) 2 0 1 0

28 29 2009 8 31 765,000,0002014 76,097,5614.9% 2014 8 312010 2 28 2014 8 31 3.1 2014 8 31 4.1 2(n) 2012 8 31 2014 8 31 30 30 3.1130% 8% 128 2012 8 31 2014 8 31 8% 2(f)

29 29(a) 22 29(b) 27 29(c) 29(d) 29(d) 546,305 (15,897) 87,768 43,298 11,943 673,417 (1,661) 48 (267) (132) (37) (2,049) 129 544,644 (15,849) 87,501 43,166 11,906 671,368 6,650 6,650 6(a) (1,253) (2,043) (3,296) (6) 1 2 (3) 2009 12 31 551,288 (17,101) 85,460 43,166 11,906 674,719 2010 1 1 551,288 (17,101) 85,460 43,166 11,906 674,719 21,501 21,501 6(a) (18,511) 9,031 (9,480) (20,580) 1,032 (3,316) (22,864) 2010 12 31 552,209 (34,580) 91,175 43,166 11,906 663,876 2 0 1 0

29 (a) 9.6% 2009 9.6% 2010 12 31 2010 2009 552,209 551,288 552,209 551,288 130 (b) (c) (d) 2010 12 31 7

29 (d) (Coz Ross Rubinstein) 2010 12 31 2010 2009 131 30 2.31 2.22 62% 62% 2.9% 5% 1.4% 1.93% 3.67 4.67 8.3% 9% 2010 10 20 300,000,0002015 12.25%2015 10 202013 10 20 10 20 2013 106.1250% 2014 103.0625% 2 0 1 0

30 2013 10 20 (a) 100% (b) 112.5% 35% 2(f) 2010 12 31 30(a) 22 30(b) 132 2,024,595 (310) 2,024,285 (52,484) 8 (52,476) 1,972,111 (302) 1,971,809 190 190 6(a) (2,072) (2,072) (43,495) 52 (43,443) 2010 12 31 1,928,806 (2,322) 1,926,484

30 (a) 2010 12 31 12.79% 2010 12 31 2010 2009 1,928,806 133 (b) 2010 12 31 7 2010 12 31 2010 12 31 2010 10 20 8.16% 10.07% 2 0 1 0

31 (a) 2008 5 14 14,350,000 17,650,0002.75 (2008 6 6 20% 40% (b) 2010 5 25 2010 5 25 6,000,000 14,000,000 1.9 20% 40% 134 (Coz Ross Rubinstein) 0.8 0.8 1.7 1.9 68% 3.9% 2.6%

31 (b) 2010 5 25 (c) 135 2010 2009 1 1 2.75 30,050,000 2.75 31,400,000 1.90 20,000,000 2.75 (950,000) 2.75 (1,350,000) 12 31 2.41 49,100,000 2.75 30,050,000 12 31 2.75 17,460,000 2.75 6,010,000 2010 12 31 2.412009 2.75 1.56 2009 1.7 2010 12 312009 2 0 1 0

32 (a) 2009 1 1 29,740 27,082 22,500 79,322 7(a) 184,021 51,585 235,606 (120,199) (74,799) (5,263) (200,261) 2009 12 31 93,562 3,868 17,237 114,667 136 2010 1 1 93,562 3,868 17,237 114,667 7(a) 274,890 226,798 27,689 529,377 (264,686) (143,809) (4,237) (412,732) 26 26 2010 12 31 103,792 86,857 40,689 231,338 2010 2009 311,806 157,141 (80,468) (42,474) 231,338 114,667

32 (b) 2009 1 1 (63,446) 3,309 (60,137) 7(a) (283) 12,668 12,385 3 3 2009 12 31 (63,729) 15,980 (47,749) 137 2010 1 1 (63,729) 15,980 (47,749) 7(a) 12,380 1,570 13,950 2010 12 31 (51,349) 17,550 (33,799) 2010 2009 18,260 19,294 (52,059) (67,043) (33,799) (47,749) (c) 2010 12 31 85,608,000 200998,959,000 5 2 0 1 0

33 (a) 2010 2009 0.1 10,000,000 1,000,000 10,000,000 1,000,000 0.1 2,000,000 200,000 2,000,000 200,000 138 179,637 179,637 (b) (i) (a) (b) (c)37(d) (e) (f)

33 (b) (ii) (iii) 139 (iv) 2(w) (v) 31 (vi) 2010 12 31 1,263,961,000 20091,265,802,000 9.78.232009 6.8 6 165,000,000 2009 120,000,000 2 0 1 0

33 (b) (vii) 33(a) 33(b)(i) 33(b)(i) 33(b)(v) 29 29 2009 1 1 179,637 1,076,820 (6,587) 6,604 209,761 1,466,235 2009 115,427 115,427 (5,804) (5,804) 140 (5,804) 115,427 109,623 (193,834) (193,834) 43,166 11,906 55,072 8,343 8,343 2009 12 31 179,637 1,076,820 (12,391) 14,947 43,166 11,906 131,354 1,445,439 2010 1 1 179,637 1,076,820 (12,391) 14,947 43,166 11,906 131,354 1,445,439 2010 157,376 157,376 (48,407) (48,407) (48,407) 157,376 108,969 (117,953) (117,953) 7,143 7,143 2010 12 31 179,637 1,076,820 (60,798) 22,090 43,166 11,906 170,777 1,443,598

33 (c) (i) 2010 2009 9.78.23 2009 6.8 6 165,000 120,000 141 (ii) 2010 2009 6.8 5.902009 11 9.69 117,953 193,834 (d) 2 0 1 0

33 (d) 2010 12 31 2009 12 31 2010 12 31 2009 12 31 2009 1 1 1,423,859 1,114,194 701,179 168,010 95,640 123,950 142 1,591,869 1,209,834 825,129 429,416 658,622 232,028 449,870 372,880 36,790 552,209 551,288 1,928,806 3,423,301 1,582,790 268,818 5,015,170 2,792,624 1,093,947 (3,370,335) (2,364,987) (927,721) (60,000) (100,000) 1,644,835 367,637 66,226 3,771,684 3,319,693 3,089,922 43.6% 11.1% 2.1%

34 (a) 25 26 29 30 2010 12 31 100 14,734,000 2009 3,086,000 143 2009 (b) 70% 2 0 1 0

34 (b) (c) 144

34 (c) 2010 12 31 145 169,635 173,895 20,441 153,454 1,746,640 1,847,918 1,332,025 344,356 171,537 617,880 721,893 232,484 329,511 159,898 552,209 765,317 31,794 733,523 1,928,806 3,143,674 242,506 242,506 2,658,662 2,828,509 2,828,509 2,629,713 198,796 311,806 311,806 311,806 8,155,485 9,793,012 4,800,769 2,002,146 2,990,097 (4,260) 149,194 (153,454) 9,788,752 4,949,963 1,848,692 2,990,097 2 0 1 0

34 (c) 2009 12 31 411,532 428,705 289,091 4,327 135,287 1,361,284 1,434,354 757,084 664,853 12,417 468,520 549,339 126,381 157,454 265,504 551,288 827,282 32,997 32,997 761,288 2,040,030 2,040,030 1,932,034 36,304 71,692 157,141 157,141 157,141 146 4,989,795 5,436,851 3,294,728 895,935 1,246,188 (17,173) 122,441 (4,327) (135,287) 5,419,678 3,417,169 891,608 1,110,901

34 (c) 2009 1 1 147 212,389 221,106 8,179 212,927 720,818 780,440 533,209 226,781 20,450 160,740 170,711 133,013 37,698 1,940,923 1,940,923 1,850,926 37,781 52,216 106,842 106,842 106,842 3,141,712 3,220,022 2,632,169 515,187 72,666 (8,717) 204,210 (212,927) 3,211,305 2,836,379 302,260 72,666 2 0 1 0

34 (d) 2010 12 31 2010 2009 31,873 1,155 145 2,753 (68,043) (292,296) (30,000) (60,000) 148 (290,423) (58,845) 145 (65,290) 68,043 (290,423) (58,845) 145 2,753

34 (d) 350,000,000 2009 5% 2009 5% 30,000,000 2009 35 149 (a) 2010 12 31 2010 2009 11,805,438 6,690,626 1,957,446 1,758,903 13,762,884 8,449,529 2 0 1 0

35 (b) 2010 12 31 2010 2009 4,164 655 7,097 1,200 11,261 1,855 150

36 2010 12 31 2010 2009 3,060,798 2,472,712 151 37 2010 12 31 2010 2009 (a) 93,978 (b) 336 461 (c) 25,285 7,366 2 0 1 0

37 (a) 2009 93,978,000 2010 2010 12 31 42,774,000 2009112,347,00022(b) (b) (c) 12% 6.3% 38 (a) 152 2010 5 14 60% 71,100 2010 7 1 100% 176,528 2010 9 30 70% 50,246

38 (a) 153 40 40 9,100 9,100 140,521 249,454 389,975 10,010 10,010 (42,316) (42,316) (27,000) (41,935) (68,935) 90,355 207,519 297,874 297,874 (10,010) 287,864 2010 12 31 2,574,000 2010 1 1 2010 12 31 4,516,351,000 542,334,000 2 0 1 0

38 (b) (i) 2010 3 2 5,295,000 3.32% 96.68% 100% (ii) 2010 8 2428,984,000 25% 75% 100% (iii) 2010 10 12102,000,000 35% 65% 100% 154 46,797,000 89,482,0002(c)

39 (a) 2(h) 155 (b) 2(k) 2 0 1 0

39 (c) (d) (e) 7 156

39 (f) 157 (g) (h) 2930 2 0 1 0

40 33(c)(i) 41 52010 3 42 2010 12 31 2010 12 31 158 24 2011 1 1 9 2013 1 1 2010 2010 7 1 2011 1 1 12 2012 1 1

財務資料概要 12 31 2010 2009 2008 2007 2006 4,516,351 2,739,831 3,226,996 1,821,663 1,261,265 1,095,486 651,352 959,383 305,545 185,646 (515,427) (223,221) (304,454) (134,977) (52,891) 159 580,059 428,131 654,929 170,568 132,755 544,887 405,326 653,301 164,988 141,013 35,172 22,805 1,628 5,580 (8,258) 580,059 428,131 654,929 170,568 132,755 27.24 20.27 32.67 8.25 7.05 26.23 20.15 32.67 8.25 7.05 2 0 1 0

財務資料概要 ( 續 ) 12 31 2010 2009 2008 2007 2006 3,663,225 563,128 506,804 513,729 434,254 11,769,942 9,583,525 6,735,546 5,044,793 3,404,310 15,433,167 10,146,653 7,242,350 5,558,522 3,838,564 8,186,123 5,177,127 3,820,164 3,634,537 2,515,360 3,475,360 1,649,833 332,264 449,184 513,088 11,661,483 6,826,960 4,152,428 4,083,721 3,028,448 160 3,771,684 3,319,693 3,089,922 1,474,801 810,116 3,495,818 3,124,357 2,940,132 1,330,287 736,958 275,866 195,336 149,790 144,514 73,158 3,771,684 3,319,693 3,089,922 1,474,801 810,116 (1) 2006 2007 12 31 2006 2007 12 31 2008 5 26 (2) 5 2010 2008 2009 2006 2007