i

SINOFERT HOLDINGS LIMITED * 297 15.01% 4 1213 14 15 30 1 128 129 *

... 1... 4... 13... 15... 31... 33... 109... 117... 123... 128 i

238,791,954 15.01% 6 1

571 1 128129 0.10 2

% 1.001.264 3

SINOFERT HOLDINGS LIMITED * 297 Stephen Francis DOWDLE Clarendon House 2 Church Street Hamilton HM11 Bermuda 46 4601-4610 15.01% 15.01% * 4

(i) (ii)(iii) (iv)(v) 36 238,791,954 15.01% 3,890,101,118.75 4,917,087,814.10 142,260,369 8.94% 381,052,323 23.95% 331,491,713 54 19.82% 5

238,791,95415.01% 3,890,101,118.75 4,917,087,814.10 16.29 3018.1090% 16.29 22.51 27.63% 67.8 17.5 6

(a) (c) 30% (b) 70% (c) (a) 381,052,323 23.95% 331,491,713 54 19.82% 7

8 526,000,00023.45% 3.26 22.74% 238,791,95415.01% 200 350 8

187.05 3,220 1,431 875 2,752 1,066 685 2,524 1,052 653 4.991% 9

52.65% 5%14A 25% 100% 1414 121 122 38.92 10

10.52 6.53 1 128 129 11

13 14 15 30 12

SINOFERT HOLDINGS LIMITED * 297 15.01% 4 12 15 30 * 13

14

181 27 15.01% 238,791,954 15.01% 3,890,101,118.75 4,917,087,814.10 15

52.65% 5% 14A 25% 100%14 16

13.84 17

1. (i) 343.39 8 526,000,000 23.45% 3.26 22.74% 18

15.01% 238,791,95415.01% 36 238,791,95415.01% 3,890,101,118.75 4,917,087,814.10 19

142,260,369 8.94% 381,052,32323.95% 331,491,71354 19.82% (ii) (i) (ii) 41,190,137 34,721,849 20,580,073 15,880,706 1,022,365 (281,382) 426,165 116,607 923,654 (624,806) 344,678 72,739 878,369 (476,340) 352,260 137,555 347.22411.90 15.70% 1,6285.02% 4.76 8.78 3.51 20

8259.74% 158.81 205.80 1.38 3.52 60.80% 34,855,772 6,334,365 41,190,137 84.62% 15.38% 100.00% 31,080,307 3,641,542 34,721,849 89.51% 10.49% 100.00% 14,510,838 1,369,868 15,880,706 91.37% 8.63% 100.00% 84.62% 89.51% 91.37% 15.38% 10.49% 8.63% 21

(iii) 350 326 328 6,777,563 8,270,807 8,094,573 5,383,782 6,610,507 3,353,864 3,219,775 1,431,142 928,974 875,174 2,817,612 2,751,927 1,066,143 685,368 685,628 2,481,131 2,524,262 1,052,207 589,281 652,828 22

82.71 67.78 22.03% 25.24 1.74% 1.7680.952.18% 10.5258.32% 53.8422.79% 66.11 5.8910.8% 6.53 18.14% 15.85% 6.41% 3.83% 9.42% 6.34% 1.92% 1.08% International Fertilizer Industry Association IFIA 70% IFIA 2.1% 23

3.0% IFIA 5% 8% (iv) (i) (ii) (iii) 2. (i) 238,791,954 15.01% (ii) 3,890,101,118.75 4,917,087,814.10 16.29 24

24 30 90% 16.29 30 18.1090% 10% 16.29 (i) 30 18.1010.00% (ii) 18.7112.93% (iii) 18.3511.23% (iv) 10 17.989.40% (v) 21.59 24.55% 25

26 (vi) 11.7638.52% 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 10 12 14 16 18 20 22 24 2/1/2014 2/2/2014 2/3/2014 2/4/2014 2/5/2014 2/6/2014 2/7/2014 2/8/2014 2/9/2014 2/10/2014 2/11/2014 2/12/2014 2/1/2015 24.23 14.26 16.29 (i) (ii) 50.00 297.58

1 2 600096 10,319.8 1.58 3 600426 8,639.8 10.9 1.35 000422 5,746.3 0.94 3 000059 9,267.9 1.54 4 600078 5,075.3 481.8 2.87 5 000830 6,123.1 18.3 1.04 603077 10,040.2 70.9 1.36 5 002588 8,234.1 15.9 2.38 27

1 2 002539 5,429.1 51.3 2.38 6 24.1 5 1.72 10.9 0.94 7 481.8 2.87 16.29 000792 25,909.4 24.3 1.39 1 2 3 4 5 6 7 16.29 (i) (ii) 30 10% (iii) 16.29 28

(iv) 16.29 (iii) (a) (c) 30% (b) 70% (c) (a) (iv) (v) 29

3. (i) 8.94% 23.95% (ii) 134.09 134.07 (iii) 35.74% 38.9 64.76% (i) (ii) 30

(www.hkexnews.hk)(www.sinofert.com) 82167 84171 83167 2648 39.7914.79 25.00 12 1,000 50% 350 31

32

10 8 15.01% B 32 33

3.340 2410 34

35

A 1 B 12 31 9 309 2011 2012 2013 2013 2014 4 6,777,563 8,270,807 8,094,573 5,383,782 6,610,507 (2,869,076) (4,260,943) (5,003,975) (3,568,270) (4,233,511) 3,908,487 4,009,864 3,090,598 1,815,512 2,376,996 5 692,777 921,762 666,095 531,122 328,495 5 (17,449) (28,807) (69,385) (49,157) (13,581) (544,584) (887,992) (1,167,403) (683,533) (937,718) (548,210) (432,620) (457,505) (277,435) (342,569) 3,491,021 3,582,207 2,062,400 1,336,509 1,411,623 6(a) (137,157) (363,234) (633,132) (408,941) (534,291) 802 1,874 1,406 (2,158) 6 3,353,864 3,219,775 1,431,142 928,974 875,174 7 (536,252) (467,848) (364,999) (243,606) (189,546) 2,817,612 2,751,927 1,066,143 685,368 685,628 2,481,131 2,524,262 1,052,207 589,281 652,828 336,481 227,665 13,936 96,087 32,800 10 1.79 1.59 0.66 0.37 0.41 1.79 1.59 0.66 0.37 0.41 36

2 B 12 31 9 30 2011 2012 2013 2014 11 19,384,565 28,610,579 41,129,719 48,450,678 13,316 15,862 13,349 15,919 12 612,031 600,398 567,613 543,470 2,794,065 4,277,757 3,975,785 4,905,016 13 21,341 21,341 21,341 21,341 14 55,893 57,766 78,339 15 478,125 478,125 478,125 478,125 25 119,931 240,624 193,863 175,540 2,437 39,661 32,051 26,228 23,425,811 34,340,240 46,469,612 54,694,656 16 1,735,184 2,063,614 2,383,798 2,628,020 17 1,975,367 3,656,457 2,388,155 1,107,134 18 828,649 1,151,733 1,986,857 2,419,769 19 46,651 53,758 7,219 321,000 19 1,900,040 2,112,249 2,324,215 2,256,261 6,485,891 9,037,811 9,090,244 8,732,184 20 2,369,421 3,541,647 5,007,553 5,605,478 21 2,125,425 3,000,442 2,208,639 2,588,668 22 2,853,640 3,778,540 3,492,300 4,591,500 24 26,574 195,502 195,502 195,502 405,782 590,034 313,544 158,612 7,780,842 11,106,165 11,217,538 13,139,760 (1,294,951) (2,068,354) (2,127,294) (4,407,576) 22,130,860 32,271,886 44,342,318 50,287,080 37

2 B 12 31 9 30 2011 2012 2013 2014 22 6,190,305 13,359,363 25,218,291 30,565,827 23 265,664 298,729 408,130 404,617 24 438,205 661,949 498,699 364,346 38,613 36,000 36,000 36,000 285,084 227,293 175,761 211,724 7,217,871 14,583,334 26,336,881 31,582,514 14,912,989 17,688,552 18,005,437 18,704,566 26(a) 1,590,509 1,590,509 1,590,509 1,590,509 12,085,650 14,339,770 14,819,950 15,451,538 13,676,159 15,930,279 16,410,459 17,042,047 1,236,830 1,758,273 1,594,978 1,662,519 14,912,989 17,688,552 18,005,437 18,704,566 38

3 B 12 31 9 30 2011 2012 2013 2014 11 11,571,637 12,196,969 13,698,069 14,706,230 5,703 5,291 4,878 4,569 12 548,966 522,350 496,633 477,843 389,217 732,746 453,198 525,307 32 2,727,815 4,563,915 7,511,907 11,221,512 6,431 15 403,000 403,000 403,000 403,000 25 56,720 87,165 87,117 91,921 15,703,058 18,511,436 22,654,802 27,436,813 16 875,324 1,024,482 1,059,051 1,002,451 17 1,938,228 3,512,546 2,063,194 819,912 18 3,864,657 9,248,961 15,958,176 19,339,214 19 200,000 19 1,216,298 1,037,675 1,437,618 1,458,976 7,894,507 14,823,664 20,518,039 22,820,553 20 1,251,379 1,194,973 1,372,361 1,335,282 21 1,767,445 2,269,449 1,522,333 1,629,242 22 2,304,640 2,972,540 2,623,300 4,021,000 106,184 106,184 106,184 320,265 475,852 258,561 141,061 5,643,729 7,018,998 5,882,739 7,232,769 2,250,778 7,804,666 14,635,300 15,587,784 17,953,836 26,316,102 37,290,102 43,024,597 39

3 B 12 31 9 30 2011 2012 2013 2014 22 4,432,305 10,310,363 20,490,291 25,522,827 23 176,434 59,000 74,000 74,100 299,675 212,986 150,157 223,950 166,583 115,051 87,798 4,832,689 10,835,621 20,892,328 25,834,882 13,121,147 15,480,481 16,397,774 17,189,715 26(a) 1,590,509 1,590,509 1,590,509 1,590,509 11,530,638 13,889,972 14,807,265 15,599,206 13,121,147 15,480,481 16,397,774 17,189,715 40

4 26(d)26(d)26(d) 767,550 6,759,155 600,256 294,795 2,803,751 11,225,507 887,303 12,112,810 2,481,131 2,481,131 336,481 2,817,612 (9,137) (9,137) (9,137) (128,563) (128,563) 414,855 (414,855) 822,959 (822,959) 143,646 143,646 (21,342) (21,342) (2,037) (23,379) 1,590,509 5,914,854 1,015,111 285,658 4,870,027 13,676,159 1,236,830 14,912,989 2,524,262 2,524,262 227,665 2,751,927 (66,650) (66,650) (66,650) (254,481) (254,481) (254,481) (109,918) (109,918) 268,143 (268,143) 50,989 50,989 403,696 454,685 1,590,509 5,965,843 1,283,254 219,008 6,871,665 15,930,279 1,758,273 17,688,552 41

4 26(d)26(d)26(d) 1,590,509 5,965,843 1,283,254 219,008 6,871,665 15,930,279 1,758,273 17,688,552 1,052,207 1,052,207 13,936 1,066,143 6,678 6,678 6,678 (508,963) (508,963) (508,963) (159,221) (159,221) 142,531 (142,531) (52,355) (17,387) (69,742) (18,010) (87,752) 1,590,509 5,913,488 1,425,785 225,686 7,254,991 16,410,459 1,594,978 18,005,437 1,590,509 5,913,488 1,425,785 225,686 7,254,991 16,410,459 1,594,978 18,005,437 652,828 652,828 32,800 685,628 85,675 85,675 85,675 (106,564) (106,564) (106,564) (31,355) (31,355) (351) (351) 66,096 65,745 1,590,509 5,913,137 1,425,785 311,361 7,801,255 17,042,047 1,662,519 18,704,566 42

4 26(d)26(d)26(d) 1,590,509 5,965,843 1,283,254 219,008 6,871,665 15,930,279 1,758,273 17,688,552 589,281 589,281 96,087 685,368 (17,766) (17,766) (17,766) (508,963) (508,963) (508,963) (104,730) (104,730) (52,228) (17,514) (69,742) (18,010) (87,752) 1,590,509 5,913,615 1,283,254 201,242 6,934,469 15,923,089 1,731,620 17,654,709 43

5 B 12 31 9 309 2011 2012 2013 2013 2014 19(b) 3,426,490 2,762,161 3,481,867 1,897,157 3,111,256 (556,532) (404,289) (594,728) (335,820) (326,155) 2,869,958 2,357,872 2,887,139 1,561,337 2,785,101 (6,546,732) (9,632,706) (12,071,177) (7,753,979) (7,504,396) (70,611) (22,108) (1,473) (672) (531) (1,510) (45,808) (361) (55,091) (46,680) (383,000) 42,258 17,466 17,343 12,664 13,637 10,000 12,000 12,000 12,000 27,972 7,809 21,988 5,013 2,869 (6,931,623) (9,720,438) (12,021,680) (7,724,974) (7,523,101) 44

5 B 12 31 9 309 2011 2012 2013 2013 2014 (408,775) (928,160) (1,320,905) (961,280) (1,585,552) (23,379) (87,752) (87,752) 4,265,633 11,040,098 10,803,655 6,963,655 9,485,982 4,969,456 4,969,456 (930,000) (2,946,140) (4,203,540) (3,545,195) (3,041,500) (128,563) (364,399) (668,184) (613,693) (137,919) 143,646 454,685 65,745 (135,418) (181,309) (146,223) (76,269) (116,710) 300,000 500,000 3,083,144 7,574,775 9,346,507 6,648,922 4,670,046 (978,521) 212,209 211,966 485,285 (67,954) 2,878,561 1,900,040 2,112,249 2,112,249 2,324,215 19 1,900,040 2,112,249 2,324,215 2,597,534 2,256,261 45

B 1 1997 8 25A 2 (a) B 2014 1 1 2014 1 1 31 2013 9 30 (b) 2(g) 2(f) 12201120122013 12 312014 9 301,294,951,000 2,068,354,000 2,127,294,000 4,407,576,000 46

2 (b) 3 (c) 2(f) 2(d) 2(k) 47

2 (d) 2(e) 2(k) 2(f) 2(k) (e) (i) (ii) (ii)(i) 2(k) 48

2 (f) 2(t)(iii) (iv) 2(t)(iii)2(t)(iv) 2(k) (g) 2(t)(ii) (h) 2(k) 2(u) 49

50 2 (h) 10 40 15 510 (i) 2(k) 30 10 10 (j) (i)

2 (j) (ii) 2(h) 2(k) (iii) (k) (i) 2(d) 2(k) (ii) 2(k)(ii) 51

2 (k) (i) (ii) 52

2 (k) (ii) (l) (m) 2(k) 53

2 (n) (o) (p) (q) (r) 54

2 (r) (s) (t) (i) 55

2 (t) (ii) (iii) (iv) (v) (u) (v) (a) (i) (ii) (iii) 56

2 (v) (b) (i) (ii) (iii) (iv) (v) (vi) (vii) (a) (a)(i) (w) 3 57

3 4 (a) 12 31 9 309 2011 2012 2013 2013 2014 5,890,191 7,129,801 6,332,628 4,198,537 4,805,027 451,450 749,652 1,337,078 868,988 1,385,570 435,922 391,354 424,867 316,257 419,910 6,777,563 8,270,807 8,094,573 5,383,782 6,610,507 (b) PVC (i) 58

4 (b) (i) 59

4 (b) (i) 12 31 9 309 2011 2012 2013 2014 5,890,191 887,372 6,777,563 7,129,801 1,141,006 8,270,807 6,332,628 1,761,945 8,094,573 4,805,027 1,805,480 6,610,507 856 128,382 129,238 5,899 234,376 240,275 216,886 216,886 115,069 115,069 5,891,047 1,015,754 6,906,801 7,135,700 1,375,382 8,511,082 6,332,628 1,978,831 8,311,459 4,805,027 1,920,549 6,725,576 3,592,761 (84,291) 3,508,470 4,588,771 (978,779) 3,609,992 3,078,811 (930,381) 2,148,430 2,109,035 (681,738) 1,427,297 34,856 7,402 42,258 6,358 11,108 17,466 9,318 8,025 17,343 6,403 7,234 13,637 99,229 37,928 137,157 138,408 224,826 363,234 213,176 419,956 633,132 195,587 338,704 534,291 212,309 197,963 410,272 240,107 292,966 533,073 253,097 495,074 748,171 214,584 426,161 640,745 1,615 1,615 29,874 1,486 31,360 21,782,928 21,694,312 43,477,240 29,412,703 32,082,454 61,495,157 35,694,851 44,840,139 80,534,990 39,647,540 53,055,573 92,703,113 954,718 4,309,095 5,263,813 1,082,912 8,658,058 9,740,970 1,095,665 12,180,315 13,275,980 888,774 7,043,926 7,932,700 9,386,955 19,369,570 28,756,525 16,937,440 27,053,773 43,991,213 25,390,943 37,554,820 62,945,763 30,863,137 43,708,802 74,571,939 60

4 (b) (i) 2013 9 309 4,198,537 1,185,245 5,383,782 115,338 115,338 4,198,537 1,300,583 5,499,120 2,136,597 (748,573) 1,388,024 3,559 9,105 12,664 141,463 267,478 408,941 192,488 284,043 476,531 29,874 1,486 31,360 (ii) 12 31 9 30 9 2011 2012 2013 2013 2014 6,906,801 8,511,082 8,311,459 5,499,120 6,725,576 (129,238) (240,275) (216,886) (115,338) (115,069) 6,777,563 8,270,807 8,094,573 5,383,782 6,610,507 3,508,470 3,609,992 2,148,430 1,388,024 1,427,297 1,022 (16,645) (2,358) (2,093) 3,508,470 3,611,014 2,131,785 1,385,666 1,425,204 802 1,874 1,406 (2,158) (17,449) (28,807) (69,385) (49,157) (13,581) (137,157) (363,234) (633,132) (408,941) (534,291) 3,353,864 3,219,775 1,431,142 928,974 875,174 61

4 (b) (ii) 12 31 9 30 2011 2012 2013 2014 43,477,240 61,495,157 80,534,990 92,703,113 (14,163,594) (18,891,748) (25,704,888) (30,008,277) 29,313,646 42,603,409 54,830,102 62,694,836 55,893 57,766 78,339 478,125 478,125 478,125 478,125 119,931 240,624 193,863 175,540 29,911,702 43,378,051 55,559,856 63,426,840 28,756,525 43,991,213 62,945,763 74,571,939 (14,163,594) (18,891,748) (25,704,888) (30,008,277) 14,592,931 25,099,465 37,240,875 44,563,662 405,782 590,034 313,544 158,612 14,998,713 25,689,499 37,554,419 44,722,274 62

5 12 31 9 309 2011 2012 2013 2013 2014 10,000 12,000 12,000 12,000 42,258 17,466 17,343 12,664 13,637 640,882 703,258 606,319 487,462 290,844 400 173,475 10,434 7,771 4,731 1,089 5,709 3,973 94 1,907 8,148 11,854 16,026 11,131 5,376 692,777 921,762 666,095 531,122 328,495 12 31 9 309 2011 2012 2013 2013 2014 4,031 7,166 12,127 458 8,053 11 1,615 31,360 29,874 2,702 3,983 3,951 952 2,365 2,272 3,837 3,346 1,913 1,351 6,829 13,821 18,601 15,960 1,812 17,449 28,807 69,385 49,157 13,581 63

6 (a) 12 31 9 309 2011 2012 2013 2013 2014 408,775 928,160 1,534,125 1,078,166 1,527,056 * (324,166) (638,907) (979,017) (717,379) (1,042,830) 84,609 289,253 555,108 360,787 484,226 52,548 73,981 78,024 48,154 50,065 137,157 363,234 633,132 408,941 534,291 * 201120122013 12 31 20132014 9 30 6.62%, 6.69%, 6.59%, 6.52% 6.56% (b) 12 31 9 309 2011 2012 2013 2013 2014 911,627 1,284,267 1,640,217 936,884 1,181,776 64

6 (c) 12 31 9 309 2011 2012 2013 2013 2014 11 3,011 5,433 5,032 3,768 3,929 12 35,644 33,741 32,758 25,239 24,193 1,009 8,584 7,971 5,957 5,823 39,664 47,758 45,761 34,964 33,945 11 370,608 485,315 702,410 441,567 606,800 11 1,615 31,360 29.874 792 1,826 3,377 916 7,510 6,662 7,725 10,171 963 3,777 54,008 145,766 551,555 350,283 504,747 63,077 155,317 596,463 382,036 516,034 7,355 4,459 5,962 903 2,466 660 850 1,245 2,374,078 3,690,705 4,404,281 3,016,357 3,676,613 65

7 (a) 12 31 9 309 2011 2012 2013 2013 2014 512,176 588,983 321,778 219,308 171,326 (5,804) (442) (3,540) (3,540) (103) 25(a) 29,880 (120,693) 46,761 27,838 18,323 536,252 467,848 364,999 243,606 189,546 (b) 12 31 9 309 2011 2012 2013 2013 2014 3,353,864 3,219,775 1,431,142 928,974 875,174 25% 838,466 804,944 357,786 232,244 218,793 (331,172) (360,686) (193,830) (129,158) (116,416) 42,229 18,399 42,234 26,331 15,917 (8,928) (3,867) (4,628) (4,171) (3,501) (200) (468) (351) 539 (5,491) (5,037) (550) (564) (612) 6,952 11,839 111,251 69,139 74,929 2,898 56,744 53,676 (5,804) (442) (3,540) (3,540) (103) 536,252 467,848 364,999 243,606 189,546 25% 66

8 9 10 12 31 9 309 2011 2012 2013 2013 2014 2,481,131 2,524,262 1,052,207 589,281 652,828 12 31 9 309 2011 2012 2013 2013 2014 1,384,769 1,590,509 1,590,509 1,590,509 1,590,509 67

11 2,512,630 1,950,157 772,728 11,405,114 16,640,629 134,762 16,775,391 21,511 93,858 70,962 4,916,261 5,102,592 43,687 5,146,279 1,840,232 1,563,136 284,170 (3,687,538) (9,328) (20,192) (9,493) (10,911) (49,924) (49,924) 4,365,045 3,586,959 1,118,367 12,622,926 21,693,297 178,449 21,871,746 31,930 95,746 59,857 9,487,146 9,674,679 44,183 9,718,862 1,180,417 1,304,684 176,945 (2,662,046) (3,467) (2,835) (20,969) (27,271) (27,271) 5,573,925 4,984,554 1,334,200 19,448,026 31,340,705 222,632 31,563,337 6,236 28,998 49,949 13,187,105 13,272,288 2,219 13,274,507 2,061,919 1,657,540 125,373 (3,844,832) (10,248) (36,332) (9,170) (55,750) (2,246) (57,996) 7,631,832 6,634,760 1,500,352 28,790,299 44,557,243 222,605 44,779,848 11,842 54,394 42,483 7,822,002 7,930,721 1,448 7,932,169 50,230 (50,230) (5,257) (288) (516) (6,061) (6,061) 7,688,647 6,688,866 1,542,319 36,562,071 52,481,903 224,053 52,705,956 68

11 (834,746) (936,060) (351,206) (10,911) (2,132,923) (12,326) (2,145,249) (117,550) (136,830) (116,228) (370,608) (3,011) (373,619) (1,469) (104) (42) (1,615) (1,615) 6,993 11,474 3,924 10,911 33,302 33,302 (946,772) (1,061,520) (463,552) (2,471,844) (15,337) (2,487,181) (150,108) (237,512) (97,695) (485,315) (5,433) (490,748) 3,344 2,762 19,065 25,171 25,171 (1,093,536) (1,296,270) (542,182) (2,931,988) (20,770) (2,952,758) (213,871) (343,442) (145,097) (702,410) (5,032) (707,442) (31,360) (31,360) (31,360) 8,732 26,175 6,178 41,085 346 41,431 (1,298,675) (1,613,537) (681,101) (31,360) (3,624,673) (25,456) (3,650,129) (190,578) (310,569) (105,653) (606,800) (3,929) (610,729) 4,904 194 482 5,580 5,580 (1,484,349) (1,923,912) (786,272) (31,360) (4,225,893) (29,385) (4,255,278) 3,418,273 2,525,439 654,815 12,622,926 19,221,453 163,112 19,384,565 4,480,389 3,688,284 792,018 19,448,026 28,408,717 201,862 28,610,579 6,333,157 5,021,223 819,251 28,758,939 40,932,570 197,149 41,129,719 6,204,298 4,764,954 756,047 36,530,711 48,256,010 194,668 48,450,678 69

11 1,971,135 1,446,831 563,853 7,383,176 11,364,995 28,080 11,393,075 11,754 60,331 34,945 2,020,135 2,127,165 2,127,165 1,421,998 900,103 214,864 (2,536,965) (3,415) (3,415) (3,415) 3,404,887 2,407,265 810,247 6,866,346 13,488,745 28,080 13,516,825 17,255 61,922 39,144 841,813 960,134 960,134 260,612 1,015,012 61,030 (1,336,654) (8,511) (8,511) (8,511) (10,470) (10,470) 3,682,754 3,484,199 901,910 6,371,505 14,440,368 17,610 14,457,978 12,336 10,342 10,735 1,889,847 1,923,260 1,923,260 1,059,157 778,994 255,899 (2,094,050) (790) (5,094) (5,884) (5,884) 4,754,247 4,272,745 1,163,450 6,167,302 16,357,744 17,610 16,375,354 4,139 26,473 25,918 1,338,859 1,395,389 1,395,389 50,230 (50,230) (203) (203) (203) 4,808,616 4,299,218 1,189,165 7,455,931 17,752,930 17,610 17,770,540 (700,431) (771,986) (269,595) (1,742,012) (3,893) (1,745,905) (65,216) (64,415) (69,638) (199,269) (798) (200,067) 784 784 784 (765,647) (836,401) (338,449) (1,940,497) (4,691) (1,945,188) 70

11 (110,879) (154,873) (55,872) (321,624) (1,272) (322,896) 6,571 6,571 6,571 504 504 (876,526) (991,274) (387,750) (2,255,550) (5,459) (2,261,009) (147,339) (175,118) (95,858) (418,315) (755) (419,070) 309 2,485 2,794 2,794 (1,023,865) (1,166,083) (481,123) (2,671,071) (6,214) (2,677,285) (121,657) (193,921) (71,067) (386,645) (577) (387,222) 197 197 197 (1,145,522) (1,360,004) (551,993) (3,057,519) (6,791) (3,064,310) 2,639,240 1,570,864 471,798 6,866,346 11,548,248 23,389 11,571,637 2,806,228 2,492,925 514,160 6,371,505 12,184,818 12,151 12,196,969 3,730,382 3,106,662 682,327 6,167,302 13,686,673 11,396 13,698,069 3,663,094 2,939,214 637,172 7,455,931 14,695,411 10,819 14,706,230 (a) (b) (c) (d) 3450. 201120122013 12 31 2014 9 30 1,137,033,000 1,188,995,000 1,108,281,000 1,000,502,000 22 201120122013 12 312014 9 30 0 0 196,528,000 192,871,000 2011 12 312012 12 312013 12 31 2014 9 30 1,615,000 0 31,360,000 0 71

12 535,449 129,720 9,580 674,749 63,125 51,260 3,149 117,534 (64,750) (64,750) 598,574 116,230 12,729 727,533 20,138 1,500 470 22,108 618,712 117,730 13,199 749,641 1,473 1,473 (1,500) (1,500) 618,712 116,230 14,672 749,614 531 531 (530) (530) 618,712 116,230 14,673 749,615 (58,171) (33,229) (6,285) (97,685) (19,315) (15,273) (1,056) (35,644) 17,827 17,827 (77,486) (30,675) (7,341) (115,502) (21,198) (10,935) (1,608) (33,741) (98,684) (41,610) (8,949) (149,243) (20,862) (10,351) (1,545) (32,758) (119,546) (51,961) (10,494) (182,001) (15,378) (7,435) (1,380) (24,193) 49 49 (134,924) (59,396) (11,825) (206,145) 521,088 85,555 5,388 612,031 520,028 76,120 4,250 600,398 499,166 64,269 4,178 567,613 483,788 56,834 2,848 543,470 72

12 512,149 64,362 7,066 583,577 63,125 2,863 65,988 (109) (109) 575,274 64,253 9,929 649,456 204 204 575,274 64,253 10,133 649,660 479 479 575,274 64,253 10,612 650,139 (51,215) (19,311) (4,494) (75,020) (18,299) (6,353) (827) (25,479) 9 9 (69,514) (25,655) (5,321) (100,490) (19,176) (4,446) (2,994) (26,616) (88,690) (30,101) (8,315) (127,106) (19,176) (5,322) (1,423) (25,921) (107,866) (35,423) (9,738) (153,027) (14,653) (3,991) (625) (19,269) (122,519) (39,414) (10,363) (172,296) 505,760 38,598 4,608 548,966 486,584 34,152 1,614 522,350 467,408 28,830 395 496,633 452,755 24,839 249 477,843 73

13 12 31 9 30 2011 2012 2013 2014 55,941 55,941 55,941 55,941 (34,600) (34,600) (34,600) (34,600) 21,341 21,341 21,341 21,341 14 12 31 9 30 2011 2012 2013 2014 55,893 57,766 78,339 2014 9 30 51,597,000 29.65% 30,000,000 26.00% 50,000,000 30.00% 50,000,000 15.00%* * 9 3 74

14 12 31 9 30 2011 2012 2013 2014 55,893 57,766 78,339 802 1,874 (2,158) 802 1,874 (2,158) 15 12 31 9 30 2011 2012 2013 2014 478,125 478,125 478,125 478,125 403,000 403,000 403,000 403,000 75

16 (a) 12 31 9 30 2011 2012 2013 2014 379,865 637,181 750,884 946,412 124,885 142,105 245,973 382,756 972,591 1,126,808 1,228,028 1,114,500 257,843 157,520 158,913 184,352 1,735,184 2,063,614 2,383,798 2,628,020 12 31 9 30 2011 2012 2013 2014 333,968 655,347 551,866 498,405 5,181 7,872 110,346 270,054 340,613 361,263 396,839 233,992 195,562 875,324 1,024,482 1,059,051 1,002,451 (b) 12 31 9 30 2011 2012 2013 2014 2,320,070 3,544,939 3,852,726 3,171,866 54,008 145,766 551,555 504,747 2,374,078 3,690,705 4,404,281 3,676,613 76

17 12 31 9 30 2011 2012 2013 2014 201,688 274,874 423,019 504,989 17(b) (124,593) (124,498) (127,051) (133,293) 77,095 150,376 295,968 371,696 1,898,272 3,506,081 2,092,187 735,438 1,975,367 3,656,457 2,388,155 1,107,134 12 31 9 30 2011 2012 2013 2014 44,252 221 36,370 70,098 112,486 153,654 242,243 371,271 17(b) (102,282) (101,379) (102,299) (107,279) 54,456 52,496 176,314 334,090 1,883,772 3,460,050 1,886,880 485,822 1,938,228 3,512,546 2,063,194 819,912 (a) 12 31 9 30 2011 2012 2013 2014 860,985 1,603,330 1,155,076 674,621 1,100,999 2,033,526 1,213,468 426,554 1,133 553 3,543 13,383 18,468 19,058 2,416 1,975,367 3,656,457 2,388,155 1,107,134 77

17 (a) 12 31 9 30 2011 2012 2013 2014 845,414 1,505,638 968,795 536,607 1,092,588 2,006,828 1,094,391 281,777 226 80 8 1,528 1,938,228 3,512,546 2,063,194 819,912 3027(a). (b) 12 31 9 30 2011 2012 2013 2014 125,580 124,593 124,498 127,051 792 1,826 3,377 7,510 (1,779) (1,921) (824) (1,268) 12 319 30 124,593 124,498 127,051 133,293 12 31 9 30 2011 2012 2013 2014 101,863 102,282 101,379 102,299 419 525 1,451 5,469 (1,428) (531) (489) 12 319 30 102,282 101,379 102,299 107,279 78

17 (c) 12 31 9 30 2011 2012 2013 2014 1,910,958 3,523,470 2,116,640 962,896 51,026 114,520 252,231 138,279 13,383 18,467 19,284 5,959 12 319 30 1,975,367 3,656,457 2,388,155 1,107,134 12 31 9 30 2011 2012 2013 2014 1,938,002 3,460,182 1,923,250 744,548 52,284 139,936 73,836 226 80 8 1,528 12 319 30 1,938,228 3,512,546 2,063,194 819,912 18 12 31 9 30 2011 2012 2013 2014 540,489 938,005 1,759,190 2,141,623 117,579 27,996 83,716 97,047 298,651 284,400 252,193 291,152 18(a) (128,070) (98,668) (108,242) (110,053) 828,649 1,151,733 1,986,857 2,419,769 79

18 12 31 9 30 2011 2012 2013 2014 238,921 268,380 251,097 164,723 3,598,400 8,932,173 15,669,482 19,125,726 103,716 128,712 124,492 137,098 18(a) (76,380) (80,304) (86,895) (88,333) 3,864,657 9,248,961 15,958,176 19,339,214 (a) 12 31 9 30 2011 2012 2013 2014 139,704 128,070 98,668 108,242 6,662 7,725 10,171 3,777 (1,644) (464) (597) (1,966) (16,652) (36,663) 12 319 30 128,070 98,668 108,242 110,053 12 31 9 30 2011 2012 2013 2014 88,157 76,380 80,304 86,895 4,749 4,451 6,988 1,438 (397) (16,526) (527) 12 319 30 76,380 80,304 86,895 88,333 80

19 (a) 12 31 9 30 2011 2012 2013 2014 1,900,040 2,112,249 2,324,215 2,256,261 (i) 46,651 53,758 7,219 321,000 1,946,691 2,166,007 2,331,434 2,577,261 (46,651) (53,758) (7,219) (321,000) 1,900,040 2,112,249 2,324,215 2,256,261 12 31 9 30 2011 2012 2013 2014 1,216,298 1,037,675 1,437,618 1,458,976 (i) 200,000 1,216,298 1,037,675 1,437,618 1,658,976 (200,000) 1,216,298 1,037,675 1,437,618 1,458,976 (i) 2014 9 30321,000,000 200,000,000 81

19 (b) 12 31 9 309 2011 2012 2013 2013 2014 3,353,864 3,219,775 1,431,142 928,974 875,174 370,608 485,315 702,410 441,567 606,800 1,615 31,360 29,874 3,011 5,433 5,032 3,768 3,929 35,644 33,741 32,758 25,239 24,193 1,009 8,584 7,971 5,957 5,823 7,454 9,551 13,548 1,879 11,287 (3,423) (2,385) (1,421) (1,421) (3,234) 54,008 145,766 551,555 350,283 504,747 (2,360) (2,613) (7,425) (146) (146) (522) 137,157 363,234 633,132 408,941 534,291 (10,000) (12,000) (12,000) (12,000) (42,258) (17,466) (17,343) (12,664) (13,637) (802) (1,874) (1,406) 2,158 (1,089) (5,709) (3,973) (94) (1,907) (400) (173,475) (10,434) (7,771) (4,731) 3,914,840 4,051,524 3,361,717 2,160,980 2,532,371 (120,411) (474,196) (871,739) (826,539) (748,969) 1,305,564 (2,016,847) 470,154 784,932 551,742 (1,673,503) 1,201,680 521,735 (222,216) 776,112 3,426,490 2,762,161 3,481,867 1,897,157 3,111,256 82

20 12 31 9 30 2011 2012 2013 2014 2,369,421 3,496,176 4,970,107 5,400,547 45,471 37,446 204,931 2,369,421 3,541,647 5,007,553 5,605,478 12 31 9 30 2011 2012 2013 2014 1,251,379 1,149,502 1,334,915 1,251,351 45,471 37,446 83,931 1,251,379 1,194,973 1,372,361 1,335,282 12 31 9 30 2011 2012 2013 2014 812,281 1,531,569 2,372,868 2,769,974 583,523 911,247 1,194,517 763,746 133,850 369,756 330,673 335,070 839,767 729,075 1,109,495 1,736,688 2,369,421 3,541,647 5,007,553 5,605,478 12 31 9 30 2011 2012 2013 2014 368,908 131,555 163,292 297,752 444,638 745,649 942,699 458,068 2,073 51,405 65,378 10,869 435,760 266,364 200,992 568,593 1,251,379 1,194,973 1,372,361 1,335,282 83

21 12 31 9 30 2011 2012 2013 2014 1,234,246 1,907,745 785,773 1,225,668 391,041 540,476 567,751 691,301 135,671 203,648 293,088 82,970 1,573 1,573 211,676 150,836 225,048 146,056 177,821 136,672 137,846 200,944 172,530 301,221 2,125,425 3,000,442 2,208,639 2,588,668 12 31 9 30 2011 2012 2013 2014 1,071,353 1,656,021 526,690 861,743 162,074 141,942 71,037 49,333 83,379 122,903 170,558 32,552 207,917 145,542 313,947 144,387 339,056 292,926 59,067 68,009 83,052 97,882 77,625 136,187 124,023 149,264 1,767,445 2,269,449 1,522,333 1,629,242 22 12 31 9 30 2011 2012 2013 2014 (i) 1,327,000 2,619,000 4,706,000 5,002,000 7,716,945 14,518,903 19,032,018 25,180,500 9,043,945 17,137,903 23,738,018 30,182,500 (ii) 5,000,000 5,000,000 (27,427) (25,173) 4,972,573 4,974,827 9,043,945 17,137,903 28,710,591 35,157,327 84

22 12 31 9 30 2011 2012 2013 2014 2,853,640 3,778,540 3,492,300 4,591,500 1,262,540 1,463,300 3,653,000 4,347,500 4,709,765 10,489,971 10,937,000 12,130,000 218,000 1,406,092 10,628,291 14,088,327 6,190,305 13,359,363 25,218,291 30,565,827 9,043,945 17,137,903 28,710,591 35,157,327 12 31 9 30 2011 2012 2013 2014 (i) 300,000 6,436,945 13,282,903 18,141,018 24,569,000 6,736,945 13,282,903 18,141,018 24,569,000 (ii) 5,000,000 5,000,000 (27,427) (25,173) 4,972,573 4,974,827 6,736,945 13,282,903 23,113,591 29,543,827 12 31 9 30 2011 2012 2013 2014 2,304,640 2,972,540 2,623,300 4,021,000 872,540 1,303,300 3,510,000 4,161,000 3,559,765 8,740,971 9,810,000 9,854,000 266,092 7,170,291 11,507,827 4,432,305 10,310,363 20,490,291 25,522,827 6,736,945 13,282,903 23,113,591 29,543,827 85

22 (i) 2011 12 31 300,000,000348,000,000 11 (ii) 2013 3 6 4.99% 30,544,000 23 12 31 9 30 2011 2012 2013 2014 243,284 265,664 298,729 408,130 22,780 206,540 119,835 1,218 (400) (173,475) (10,434) (4,731) 12 319 30 265,664 298,729 408,130 404,617 12 31 9 30 2011 2012 2013 2014 168,434 176,434 59,000 74,000 8,000 51,000 15,000 100 (168,434) 12 319 30 176,434 59,000 74,000 74,100 86

24 2011 12 2012 12 26,574 28,251 195,502 212,634 84,014 94,959 179,828 212,634 225,360 284,877 417,237 579,066 128,831 189,918 64,884 94,959 438,205 569,754 661,949 886,659 464,779 598,005 857,451 1,099,293 133,226 241,842 464,779 857,451 2013 12 2014 9 195,502 212,634 195,502 212,634 179,828 212,634 179,827 212,634 318,871 461,390 184,519 280,454 498,699 674,024 364,346 493,088 694,201 886,658 559,848 705,722 192,457 145,874 694,201 559,848 87

25 (a) (i) 68,172 8,750 30,056 81 4,497 14,963 12,046 11,246 149,811 7(a) (46,464) (1,826) 1,925 8,132 10,050 2,265 2,889 (6,851) (29,880) 21,708 6,924 31,981 8,213 14,547 17,228 14,935 4,395 119,931 21,708 6,924 31,981 8,213 14,547 17,228 14,935 4,395 119,931 7(a) 15,638 (466) 322 21,846 58,939 8,270 16,878 (734) 120,693 37,346 6,458 32,303 30,059 73,486 25,498 31,813 3,661 240,624 37,346 6,458 32,303 30,059 73,486 25,498 31,813 3,661 240,624 7(a) (7,682) 223 1,704 16,670 (47,478) 3,264 (13,417) (45) (46,761) 29,664 6,681 34,007 46,729 26,008 28,762 18,396 3,616 193,863 29,664 6,681 34,007 46,729 26,008 28,762 18,396 3,616 193,863 7(a) (23,124) 963 (1,497) 5,335 (18,323) 6,540 6,681 34,970 45,232 26,008 28,762 23,731 3,616 175,540 88

25 (a) (i) 3,385 22,955 450 1,166 4,069 32,025 3,844 8,132 1,200 11,519 24,695 3,385 26,799 8,132 1,650 12,685 4,069 56,720 3,385 26,799 8,132 1,650 12,685 4,069 56,720 453 5,995 7,200 16,797 30,445 3,385 27,252 14,127 8,850 29,482 4,069 87,165 3,385 27,252 14,127 8,850 29,482 4,069 87,165 1,128 8,619 2,250 (12,045) (48) 3,385 28,380 22,746 11,100 17,437 4,069 87,117 3,385 28,380 22,746 11,100 17,437 4,069 87,117 966 (1,497) 5,335 4,804 3,385 29,346 21,249 11,100 22,772 4,069 91,921 (ii) 12 31 9 30 2011 2012 2013 2014 119,931 240,624 193,863 175,540 56,720 87,165 87,117 91,921 (b) 2011 12 312012 12 312013 12 312014 9 30 56,445,000 83,960,000 526,695,000 857,161,000 89

26 (a) 26(d) 26(d) 26(d) 767,550 6,841,624 574,906 12,010 524,364 8,720,454 4,148,546 4,148,546 252,147 252,147 414,855 (414,855) 822,959 (822,959) 1,590,509 6,018,665 989,761 264,157 4,258,055 13,121,147 2,681,427 2,681,427 (67,612) (67,612) (254,481) (254,481) 268,143 (268,143) 1,590,509 6,018,665 1,257,904 196,545 6,416,858 15,480,481 1,425,314 1,425,314 942 942 (508,963) (508,963) 142,531 (142,531) 1,590,509 6,018,665 1,400,435 197,487 7,190,678 16,397,774 819,868 819,868 78,630 78,630 (106,564) (106,564) 7 7 1,590,509 6,018,672 1,400,435 276,117 7,903,982 17,189,715 90

26 (b) (i) 12 31 9 30 2011 2012 2013 2014 254,481 508,963 106,564 (ii) 12 31 9 30 2011 2012 2013 2014 254,481 508,963 106,564 (c) 20112012 2013 12 31 2014 9 309 1.00 1,590,509 1,590,509 1 112 319 30 1,590,509 1,590,509 91

26 (d) 25% (e) 27 (a) 92

27 (a) (b) 3,445,137 1,667,401 5,032,053 232,258 10,376,849 9,043,945 2,369,421 2,369,421 2,369,421 2,125,425 2,125,425 2,125,425 405,782 405,782 405,782 28,251 94,959 284,877 189,918 598,005 464,779 8,374,016 1,762,360 5,316,930 422,176 15,875,482 14,409,352 4,894,977 2,333,587 11,264,932 1,497,691 19,991,187 17,137,903 3,541,647 3,541,647 3,541,647 3,000,442 3,000,442 3,000,442 590,034 590,034 590,034 212,634 212,634 579,066 94,959 1,099,293 857,451 12,239,734 2,546,221 11,843,998 1,592,650 28,222,603 25,127,477 93

27 (b) 5,295,526 5,227,644 12,771,544 11,337,777 34,632,491 28,710,591 5,007,553 5,007,553 5,007,553 2,208,639 2,208,639 2,208,639 313,544 313,544 313,544 212,634 212,634 461,390 886,658 694,201 13,037,896 5,440,278 13,232,934 11,337,777 43,048,885 36,934,528 6,789,752 6,249,299 14,250,100 14,764,294 42,053,445 35,157,327 5,605,478 5,605,478 5,605,478 2,588,668 2,588,668 2,588,668 158,612 158,612 158,612 212,634 212,634 280,454 705,722 559,848 15,355,144 6,461,933 14,530,554 14,764,294 51,111,925 44,069,933 2,755,436 1,169,123 3,797,963 7,722,522 6,736,945 1,251,379 1,251,379 1,251,379 1,767,445 1,767,445 1,767,445 320,265 320,265 320,265 6,094,525 1,169,123 3,797,963 11,061,611 10,076,034 3,844,895 1,980,433 9,332,509 283,568 15,441,405 13,282,903 1,194,973 1,194,973 1,194,973 2,269,449 2,269,449 2,269,449 475,852 475,852 475,852 117,675 117,675 294,189 529,539 405,859 7,902,844 2,098,108 9,626,698 283,568 19,911,218 17,629,036 94

27 (b) 4,066,080 4,780,224 11,348,344 7,654,154 27,848,802 23,113,591 1,372,361 1,372,361 1,372,361 1,522,333 1,522,333 1,522,333 258,561 258,561 258,561 117,675 117,675 176,513 411,863 319,170 7,337,010 4,897,899 11,524,857 7,654,154 31,413,920 26,586,016 5,857,535 5,737,798 11,661,018 12,017,374 35,273,725 29,543,827 1,335,282 1,335,282 1,335,282 1,629,242 1,629,242 1,629,242 141,061 141,061 141,061 117,675 117,675 88,257 323,607 256,341 9,080,795 5,855,473 11,749,275 12,017,374 38,702,917 32,905,753 (c) 95

27 (c) 22(i) (i) 12 31 9 309 2011 2012 2013 2014 % % % % 5.76% 5.60% 5.70% 5.70% ~6.56% 2,947,000 ~6.72% 2,997,000 ~6.72% 3,203,000 ~6.72% 3,733,000 4.99% 4,972,573 4.99% 4,974,827 2,947,000 2,997,000 8,175,573 8,707,827 6.10% 6.10% 5.54% 5.54% ~7.05% 6,096,945 ~7.05% 14,140,903 ~7.05% 20,535,018 ~7.05% 26,449,500 9,043,945 17,137,903 28,710,591 35,157,327 33% 17% 28% 25% 12 31 9 309 2011 2012 2013 2014 % % % % 6.10% 5.60% 5.60% 5.70% ~6.56% 1,500,000 ~6.56% 1,650,000 ~6.72% 1,530,000 ~6.00% 2,030,000 4.99% 4,972,573 4.99% 4,974,827 1,500,000 1,650,000 6,502,573 7,004,827 96

27 (c) (i) 12 31 9 309 2011 2012 2013 2014 % % % % 6.10% 6.10% 5.54% 5.54% ~7.05% 5,236,945 ~7.05% 11,632,903 ~7.05% 16,611,018 ~7.05% 22,539,000 6,736,945 13,282,903 23,113,591 29,543,827 22% 12% 28% 24% (ii) 201120122013 12 312014 9 30 100 51,824,000 44,514,000 120,198,000 98,879,000 174,548,000 141,194,000224,821,000 191,582,000 (d) 7 97

28 201120122013 12 31 2014 9 309 * * 8.94% 15.01% (a) 12 31 9 309 2011 2012 2013 2013 2014 (i) 526,287 427,013 142,332 136,924 238,027 423,054 380,129 148,105 526,287 427,013 142,332 136,924 1,189,315 (i) 98

28 (b) 12 31 9 30 2011 2012 2013 2014 188,627 1,990 216,308 5,273 161,549 120,407 21,163 1,990 216,308 5,273 491,746 (c) 29 12 31 9 30 2011 2012 2013 2014 17,115,657 14,995,739 14,687,377 14,153,269 328,776 700,000 17,115,657 14,995,739 15,016,153 14,853,269 12 31 9 30 2011 2012 2013 2014 1,619,043 196,432 195,462 477,629 30 99

31 19 2010-2012 2011-2013 11 16 38 15 9 2014 7 1 2014 7 1 2014 7 1 2016 1 1 2016 1 1 2017 1 1 2018 1 1 32 12 31 9 30 2011 2012 2013 2014 2,727,815 4,563,915 7,511,907 11,221,512 2,582,150 97.75% 97.75% 40,000 100% 100% 100,000 100% 100% 100

32 28,500 100% 100% PVC 25,000 100% 100% 4,000 100% 100% 30,000 100% 100% 50,000 50% 50% (a) 50,000 100% 100% 780,000 100% 100% 175,500 57% 57% 14,330 35% 35% (b) 101

32 110,914 73.2% 73.2% 8,000,105 94.19% 94.19% 10,000 55% 55% 20,000 94% 94% 300,000 85% 85% 8,000 55% 55% 222,000 41.67% 41.67% (c) 110,000 94.04% 94.04% 102

32 20,000 100% 100% 50,000 100% 100% 2,400 100% 100% 3,000 100% 100% 3T 50,000 93.41% 93.41% 24,500 100% 100% 60,000 57% 100% 360,000 29.07% 51% 20,000 100% 100% 103

32 14,780 93.72% 99.66% 20,000 35% 100% (a) (b) (c) (i) (ii) (iii) 12 31 2011 2012 2013 104

32 12 31 2011 2012 2013. 105

32 12 31 2011 2012 2013 106

32 12 31 2011 2012 2013 3T 107

C 2014 9 30 2014 9 30 108

66.1051 53.837823% 48.050341.985414% 284 43%1,696.1319% 18.054811.852552% 23.77 18.155131% 34% 36% 109

14.116213.36516% (1) 5.311238% 3.285 (2) 9.609733% 12.8029 6.835337% 9.3772 6.8563 6.8537 13% 10% 80.9457 82.70812% 63.3263 71.298011% 328 14%1,904.22 23% 17.6195 11.410154% 110

30.9060 40.098623% 48% 38% (1) 73% 68%(2) 20.6240 35.8221 42%9.1926 9.217628% 6.6610 13.206123% 16.2491 8.879931%11.6740 10.6614 27.519361% 33% 13% 111

82.7081 67.775622% 286 19% 40.0986 39.08493% 58% 48% 35.8221 34.9102 3% 6.927833% 9.2176 10.927921% 13.2061 5.445863%8.8799 27.5193 28.17612% 42% 33% 112

0.84299.78789.3038 6.8174 634.2684 546.946687.3218 484.5068 22.5626 11.0713 24.1977 26.2802 305.6583 131.397656.054825.8867 45.9150 44.0758 149.1299176.8855 180.0544187.0457 50% 59% 68% 71% 113

1,327,000 2,619,000 4,706,000 5,002,000 7,716,945 14,518,903 19,032,018 25,180,500 5,000,000 5,000,000 (27,427) (25,173) 9,043,945 17,137,903 28,710,591 35,157,327 2,853,640 3,778,540 3,492,300 4,591,500 1,262,540 1,463,300 3,653,000 4,347,500 4,709,765 10,489,971 10,937,000 12,130,000 218,000 1,406,092 10,628,291 14,088,327 9,043,945 17,137,903 28,710,591 35,157,327 2,947,000 2,997,000 8,175,573 8,707,827 6,096,945 14,140,903 20,535,018 26,449,500 9,043,945 17,137,903 28,710,591 35,157,327 9,043,945 17,137,903 28,710,591 35,157,327 5.76% 6.56% 5.60 6.72% 4.99% 6.72% 4.99% 6.72% 65.467396.3271120.7118 75.0440 114

148.5327 11.370311.890011.0828 10.0050 9.116312.8427 16.402211.8178 115

291 PVC PVC 10,0001,500,000 543816 116

10 8 121122 120 15.01% 4.29 7 7 117

4.29(7) 3420 4.29 7 118

a) b) c) 4.29(1) 119

A. 238,791,954 15.01%38.90 4.29 (i) (ii) 120

B. 3,440,779 3,440,779 502,354 502,354 690,899 690,899 814,066 814,066 7,838 7,838 8,255,502 3,890,101 1 12,145,603 517,138 517,138 380,860 380,860 35,866 35,866 291,385 291,385 14,936,687 3,890,101 18,826,788 3,866,403 3,866,403 1,104,111 1,104,111 1,189,757 1,189,757 747,000 747,000 12,020 12,020 1,876,800 1,876,800 466,547 (3,892,284) 2 3 (3,425,737) 9,262,638 (3,892,284) 5,370,354 3,556,726 3,556,726 2,019,117 2,019,117 2,104,511 2,104,511 11,569 11,569 7,691,923 7,691,923 1,570,715 (3,892,284) (2,321,569) 16,507,402 (2,183) 16,505,219 121

2,687,310 2,687,310 117,309 117,309 252,691 252,691 41,339 41,339 3,098,649 3,098,649 13,408,753 (2,183) 13,406,570 8,267,384 8,267,384 4,995,984 (2,183) 2 4,993,801 13,263,368 (2,183) 13,261,185 145,385 145,385 13,408,753 (2,183) 13,406,570 1: 15.01% 3,890,101,000 2: 2,183,000 3: 3,425,737,000 6,780,000,000 3,892,284,000 4: 122

1. 2. XV XV78 352 600 0.000009% 3. (a) 6,0003,060 123

(b) 1,934 2 (c) 3.71% 13.41% (d) 4. (i) (ii) (ii) 5. 124

Stephen Francis Dowdle Canpotex LimitedCanpotex LimitedPotash Corporation of Saskatchewan Inc. Canpotex Limited Canpotex Limite Canpotex Limited Stephen Francis Dowdle Canpotex Limited 6. (a) (b) (i) (ii) (iii)(iv) 7. 8. 125

9. 6 (a) (a) (b) 10. (a) (b) Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda (c) 46 4601 4610 (d) Codan Services LimitedClarendon House, 2 Church Street, Hamilton, HM 11, Bermuda (e) 126

(f) 11. 46 4601 4610 (a) (b) (c) (d) (e) (f) (g) 13 14 (h) 15 30 (i) (j) (k) 14 14A 127

SINOFERT HOLDINGS LIMITED * 297 1 1. (a) A (b) * 128

1 2 3 4 5 Stephen Francis Dowdle 129