410 SOHO 2015
SOHO CHINA SOHO中國有限公司 本公司 公司 我們 或 SOHO中國 的董事 董事 會 董事會 欣然公布本 公司及其附屬公司 合稱 本集團 截至二零一五年十二月三十一日止年度 本年度 或 本期間 按香港會計 師公會頒佈的 香港財務報告準則 及 香港聯合交易所有限公司 聯交所 證券上市規則 上市規則 中的 相關規定而編製的經審核綜合年度業績 本集團二零一五年度的經審核綜合年度業績經由本公司審核委員會 審核委員會 審閱並由董事會在二零一六年三月八日批准 本期間 本集團實現營業額約人民幣995百萬元 其中租金收入約為人民幣1,052百萬元 比上年同期上升約 148% 本期間毛利潤率約為74% 本期間 本公司權益股東應佔純利約為人民幣538百萬元 比上年同期下 降約87% 本期間權益股東應佔核心純利 不含投資物業淨評估增值 約為人民幣423百萬元 比去年下降約 76% 本期間核心純利潤率約為42% 二零一五年十月 董事會建議向本公司股東宣派及派發每股人民幣0.348元特別股息 股東已於二零一五年 十一月十三日召開的本公司召開的本公司股東特別大會 股東特別大會 上批准派發 董事會建 議向本公司股東宣派及派發特別股息每股人民幣0.348元 惟需待股東將於二零一六年五月 十八日 星期三 召開的本公司股東周年大會 二零一六年股東周年大會 上批准派發
目錄 2 主席報告書 6 業務回顧 20 企業社會責任 21 管理層討論及分析 24 董事會報告 39 關連交易 40 企業管治報告 51 公司資料 1 獨立核數師報告書
SOHOSOHO SOHO 2 SOHO 2015
SOHO SOHO170 SOHO SOHO SOHO SOHO170 SOHO 2015 3
? SOHOSOHO II SOHOSOHOSOHOSOHO SOHO 20 SOHO SOHO SOHO 50% SOHO28 128% SOHO 25.1%, SOHO 24.7%SOHO 4 SOHO 2015
303.45% SOHO3Q SOHO3Q 11 SOHO3Q SOHO3QSOHO3QSOHO3Q SOHO 2015 5
1 2 2015 12 31 2 2014 12 31 % % % 100.0% 35,317 121,095 108,165 12.0% 81.4% 76.2% SOHO 3 100.0% 133,766 288,537 47,993 501.2% 100.0% 68.9% SOHO II 100.0% 94,279 90,034 84.7% 6.0% SOHO 100.0% 42,741 109,597 107,615 1.8% 100.0% 94.5% SOHO 100.0% 88,234 178,901 30,924 478.5% 94.5% 64.4% SOHO 100.0% 128,129 69,954 1,517 4,511.3% 72.9% 7.3% SOHO 3 100.0% 69,892 5,450 33.9% SOHO 4 61.5% 73,781 19,763 60.5% SOHO 100.0% 133,780 SOHO 100.0% 115,619 100.0% 113,416 1. 2. SOHO 3Q 3. 2015 10 4. 2015 11 6 SOHO 2015
54,69135,317 SOHO 2015 7
SOHO SOHO 510,000 SOHO133,766123,568 10,198 SOHO SOHO200 8 SOHO 2015
SOHO II SOHO IISOHO 110 70%SOHO II 165,201 94,27963,30830,971 SOHO 2015 9
10 SOHO 2015
SOHO 2015 11
SOHO SOHO1 1416 19.22SOHO SOHO 12 SOHO 2015
SOHO 60,501 42,74142,522219 SOHO SOHO 42 4 6 9 SOHO 2015 13
SOHO SOHO 1013 SOHO135,052 88,234 50,05738,177 14 SOHO 2015
SOHO SOHO SOHOSOHO SOHO128,129 102,96825,161 SOHO 2015 15
SOHO SOHO SOHO 10 34 300 93,757 69,89265,315 4,577 SOHO SOHO 73,781 50,439 23,342 16 SOHO 2015
SOHO SOHO SOHO 2 SOHO SOHO170,238 115,619 SOHO 2015 17
31.9 10 158,648113,416 18 SOHO 2015
50% 84.93 31.05 14.802015 9 23 SOHO 2015 19
SOHO SOHO2005SOHO SOHO SOHO 2014SOHOSOHOSOHO SOHO 2014SOHO SOHOSOHO 20 SOHO 2015
9956,0985,103 84% SOHOSOHOSOHOSOHO II 1,052424628 148%SOHOSOHOSOHOSOHO II SOHOSOHO 7343,07876% 74%50% 1,407 6,689 79% 53887% 42376%42% 69200 65% 251278 10% 380 4.2% 6.1% 927 597 SOHO 2015 21
204 8442,5381,694 73823750 2531,207954 47.125% 146,731,000 253,269,000 65.750% 16,267 1,921 3,501 8,4852,360 16,267 17,882 25% 26%+ 24% 19% 415 22 SOHO 2015
4,482 6,433 8-1 5,553 6,209 24.89%26.38% 19 2,433250 1,773 SOHO 2015 23
0.348 0.348 0.13 995,165 6,098,088 14,621,436 16,142,984 5,684,822 1,407,468 6,689,396 12,470,385 18,194,772 6,861,880 (843,996) (2,537,935) (5,034,304) (7,547,921) (2,375,458) 563,472 4,151,461 7,436,081 10,646,851 4,486,422 537,632 4,079,831 7,388,049 10,584,876 3,892,308 25,840 71,630 48,032 61,975 594,114 0.104 0.781 1.492 2.051 0.751 0.104 0.780 1.404 1.897 0.716 0.12 0.12 0.12 0.14 0.13 0.13 0.13 0.11 * 0.696 * 0.348 0.348 24 SOHO 2015
57,714,069 59,088,013 55,810,572 45,205,058 16,146,673 14,118,003 17,731,159 22,012,453 35,372,513 43,533,101 12,007,112 11,516,800 19,251,402 25,046,565 23,044,487 2,110,891 6,214,359 2,761,051 10,325,948 20,488,614 59,824,960 65,302,372 58,571,623 55,531,006 36,635,287 22,102,432 24,842,404 20,085,828 23,820,544 13,417,665 37,722,528 40,459,968 38,485,795 31,710,462 23,217,622 106,112 106,112 107,868 106,029 107,502 36,493,759 39,257,039 37,352,740 30,593,478 21,615,261 36,599,871 39,363,151 37,460,608 30,699,507 21,722,763 1,122,657 1,096,817 1,025,187 1,010,955 1,494,859 37,722,528 40,459,968 38,485,795 31,710,462 23,217,622 23 25 23 23 SOHO 2015 25
9 13.1813.21 415,000,0004,263,000,000 550,000,000 250,000,000 1,170,000,000 1. The Little Brothers Settlement HSBC International Trustee Limited 51% 2. (i)(ii) 63.9617% 26 SOHO 2015
Ramin Khadem 10 25 SEE-TNC2013 SOHO 2015 27
SOHO SOHO 1SOHO la Biennale di Venezia SOHO SOHO 1SOHO 25(MA) (MBA) 28 SOHO 2015
480 0017 700 MSN MSNMSN IBM 17 SOHO 2015 29
16SOHO SOHOSOHOSOHOSOHO 20 20 30 SOHO 2015
(i) 240 5,706 44 5,990 5,990 240 5,058 5,298 5,298 240 5,124 44 5,408 5,408 * 227 227 227 Ramin Khadem** 109 109 109 269 269 269 ** 96 96 96 *** 174 174 174 *** 174 174 174 1,542 16,115 88 17,745 17,745 * ** Ramin Khadem *** (i) 1(p)(ii) 25 SOHO 2015 31
0-1,000,000 0 1,000,001-2,000,000 1 2,000,001-3,000,000 2 3,000,001-4,000,000 3 XV352 (i) 3,324,100,000 (L) 2 3,324,100,000 (L) 63.9309% 3,324,100,000 (L) 3 3,324,100,000 (L) 63.9309% 16,184,891 (L) 16,184,891 (L) 0.3113% (1) L (2) Boyce Limited Capevale Limited3,324,100,000 (3) Boyce Limited Capevale LimitedCapevale BVI1,662,050,000 Boyce Limited Capevale BVI Capevale LimitedHSBC International Trustee LimitedCapevale Limited HSBC International Trustee Limited 32 SOHO 2015
(ii) 1,275,000 4.25% 4,950,000 5.00% 500,000 5.00% 1,935,000 5.00% 225,000 0.75% XV 352 336 HSBC International Trustee Limited2 3,325,706,500 (L) 63.9617% (L) Capevale Limited 3,324,100,000 (L) 63.9309% (L) Boyce Limited3 1,662,050,000 (L) 31.9654% (L) Capevale Limited4 1,662,050,000 (L) 31.9654% (L) (1) L (2) HSBC International Trustee LimitedCapevale Limited HSBC International Trustee Limited3,324,100,000 Boyce Limited1,662,050,000 Capevale Limited 1,662,050,000 (3) Boyce LimitedCapevale Limited (4) Capevale LimitedCapevale Limited SOHO 2015 33
336 34 SOHO 2015
4,091,693 1,066,500 3,00015,710 (i) (ii) (ii) 1.00 1%1% (i) (ii) (iii) 8,184,0000.16% SOHO 2015 35
1 8,184,000 8,184,000 8,184,000 8,184,000 (1) 8,184,000 * 5.53 5.67 * 36 SOHO 2015
30% 51%20% 5% 25 25 2835 2425 23 35 374050 25% SOHO 2015 37
8 1 4,091,6931,066,500 3,00015,710 38 SOHO 2015
14A.35 3,916,12850% 50% 3,916,128498,21017% 1. 2. 3. 14A SOHO 2015 39
1. 2. 3. 4. 5. 40 SOHO 2015
3.103.10A 3.13 SOHO 2015 41
7/7 7/7 7/7 Ramin Khadem 1/1 4/7 1/1 5/5 5/5 3.10(2) 42 SOHO 2015
1. 2. 3. Ramin Khadem 1/1 2/2 1/1 1/1 1/1 SOHO 2015 43
1/1 Ramin Khadem 1/1 1/1 31 (1) (2) (3) 44 SOHO 2015
(4) (5) (6) 3/3 0/1 Ramin Khadem 1/1 2/2 2/2 1. 2. 3. 4. 5. 6. SOHO 2015 45
1. (a) (b) (c) (d) (e) (f) (g) (h) (i) 2. (a) (b) (c) (d) 46 SOHO 2015
SOHO 2015 47
4.01 0.18 SOHOSOHOSOHO II SOHO 3Q 48 SOHO 2015
1/1 1/1 0/1 0/1 0/1 1/1 Ramin Khadem 1/1 0/1 0/1 0/1 0/1 0/1 3.2915 SOHO 2015 49
1/10 (1) 136 (2) ir@sohochina.com 50 SOHO 2015
Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 6 SOHO A 11 100020 1 36 SOHO 2015 51
Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road, George Town Grand Cayman KY1-1110 Cayman Islands 183 17 1712 1716 95 18 10 22 www.sohochina.com 410 52 SOHO 2015
SOHO 3 80 SOHO SOHO 2015 1
2 SOHO 2015
2(b) 995,165 6,098,088 (261,248) (3,019,934) 733,917 3,078,154 8 204,053 3,125,477 3(b) 1,238,003 597,834 408,462 261,702 (69,413) (199,703) (250,859) (278,120) (298,545) (273,971) 1,965,618 6,311,373 3(a) 380,485 707,742 3(a) (926,911) (329,719) (11,724) 1,407,468 6,689,396 5(a) (843,996) (2,537,935) 563,472 4,151,461 537,632 4,079,831 25,840 71,630 563,472 4,151,461 7 0.104 0.781 0.104 0.780 1180 23(a) SOHO 2015 3
563,472 4,151,461 3(b)(i) (72,323) (348,418) 23(c)(iii) (749,481) (90,252) (821,804) (438,670) (258,332) 3,712,791 (284,172) 3,641,161 25,840 71,630 (258,332) 3,712,791 1180 4 SOHO 2015
8 55,004,000 52,875,060 9 843,691 650,618 17 354,689 39,485 8,063 11 11,026 4,057,032 13(b) 1,439,106 1,441,063 53,494 24,755 57,714,069 59,088,013 14 4,204,072 3,982,897 15 455,155 633,569 16 801,209 675,884 17 251,600 377,008 18 8,405,967 12,061,801 14,118,003 17,731,159 71,832,072 76,819,172 23 106,112 106,112 36,493,759 39,257,039 1,122,657 1,096,817 37,722,528 40,459,968 1180 SOHO 2015 5
19 14,345,757 12,846,904 22 1,614,493 6,062,108 135,346 178,603 13(b) 6,001,871 5,750,771 12 4,965 4,018 22,102,432 24,842,404 19 1,921,483 1,353,285 20 320,222 337,270 21 4,578,666 4,620,667 13(a) 5,186,741 5,205,578 12,007,112 11,516,800 34,109,544 36,359,204 71,832,072 76,819,172 1180 6 SOHO 2015
107,868 9,427,382 (39,932) 7,904 47,168 (376,480) 189,527 524,947 27,572,224 37,460,608 1,025,187 38,485,795 4,079,831 4,079,831 71,630 4,151,461 (438,670) (438,670) (438,670) (438,670) 4,079,831 3,641,161 71,630 3,712,791 23(b)(i) (1,757) (1,757) (1,757) (436,580) (436,580) (436,580) (1,757) 1,757 23(b)(ii) (2,092) (2,092) (2,092) 23(a)(ii) (683,483) (683,483) (683,483) 23(a)(i) (623,722) (623,722) (623,722) 23(b)(i) 1 283 (67) 217 217 25(b) 8,180 8,180 8,180 25(a) 1,188 1,188 1,188 25(b) 1,095 5,991 (7,086) 23(c)(v) 26,393 (26,393) (569) (569) (569) 106,112 7,683,218 (36,033) 9,661 48,814 (815,150) 189,527 551,340 31,625,662 39,363,151 1,096,817 40,459,968 1180 SOHO 2015 7
106,112 7,683,218 (36,033) 9,661 48,814 (815,150) 189,527 551,340 31,625,662 39,363,151 1,096,817 40,459,968 537,632 537,632 25,840 563,472 (821,804) (821,804) (821,804) (821,804) 537,632 (284,172) 25,840 (258,332) 23(b)(ii) (3,357) (3,357) (3,357) 23(a)(ii) (674,874) (674,874) (674,874) 23(a)(i) (1,806,978) (1,806,978) (1,806,978) 25(b) 5,796 5,796 5,796 25(a) 1,252 1,252 1,252 25(b) 1,376 7,052 (8,428) 23(c)(v) 16,096 (16,096) 12 (947) (947) (947) 106,112 5,202,742 (32,338) 9,661 46,487 (1,636,954) 189,527 567,436 32,147,198 36,599,871 1,122,657 37,722,528 1180 8 SOHO 2015
1,407,468 6,689,396 (204,053) (3,125,477) 43,419 31,842 (380,485) (707,742) 860,092 260,553 11,724 36,550 34,975 20,278 1,384 501 (114,728) (256,678) (72,323) (348,418) (1,050,952) 7,262 7,048 9,368 26,591 99,583 (137,432) 21,084 (266,657) 3,003,452 (17,048) (2,775,071) 10,010 10,647 179,502 2,956,661 380,485 707,742 (1,352,459) (990,583) (651,286) (6,050,006) (1,443,758) (3,376,186) 1180 SOHO 2015 9
(1,355,122) (2,115,980) (176,674) (13,340) (8,063) (530,799) 425 2,902 100,000 958,796 (189,796) 104,807 31,000 656,460 3,068,547 5,085,234 24,755 3,009,045 3,606,420 5,045,777 3,674,058 7,149,918 (2,017,040) (4,103,864) (4,848,542) (72,599) (438,337) 217 (3,357) (2,092) (2,481,852) (1,307,205) (5,803,332) 1,298,637 (3,640,670) 2,968,228 11,961,801 9,069,485 84,836 (75,912) 8,405,967 11,961,801 1180 10 SOHO 2015
1 (a) SOHO 1(c) (b) 1(g) 1(i) 1(f)(i) 1(f)(ii) 32 SOHO 2015 11
1 (c) 19 20122010-2012 816 3824 20132011-2013 313 40 2010-2012 (d) 12 SOHO 2015
1 (d) (1)(m) (n) 1(e) 1(l) (e) 11 1(l) SOHO 2015 13
1 (e) 1(l) (f) (i) (ii) 14 SOHO 2015
1 (f) (ii) (g) 1(s)(ii) SOHO 2015 15
1 (g) (a) (b) (h) (i) 10 (i) 1(l) 16 SOHO 2015
1 (i) 40 5 8 SOHO 2015 17
1 (j) 1(u) (k) 1(l) (l) (i) 18 SOHO 2015
1 (l) (i) 1(e)1(l)(ii) 1(l)(ii) SOHO 2015 19
1 (l) (ii) (m) 20 SOHO 2015
1 (n) 1(r)(i) (o) (p) (i) (ii) SOHO 2015 21
1 (q) 1(g) 40 22 SOHO 2015
1 (q) (r) (i) SOHO 2015 23
1 (r) (i) 18 (ii) 39 (iii) 24 SOHO 2015
1 (s) (i) (ii) (iii) (iv) (v) (vi) (vii) SOHO 2015 25
1 (t) (u) (v) 26 SOHO 2015
1 (w) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (x) SOHO 2015 27
2 (a) (i) (ii) (b) 28 SOHO 2015
2 (b) (57,333) 5,674,440 1,052,498 423,648 995,165 6,098,088 (6,267) (2,907,914) (254,981) (112,020) (261,248) (3,019,934) (63,600) 2,766,526 797,517 311,628 733,917 3,078,154 204,053 3,125,477 204,053 3,125,477 100,398 20,210 63,944 (30,981) 164,342 (10,771) (31,067) (31,495) (12,352) (347) (43,419) (31,842) (1,384) (20,278) (20,278) (1,384) 74,291 625,843 233,149 48,523 307,440 674,366 (9,888) (61,747) (367,181) (78,469) (377,069) (140,216) 187,864 2,969,649 677,334 3,320,483 865,198 6,290,132 (154,352) (1,546,563) (306,992) (966,682) (461,344) (2,513,245) 33,512 1,423,086 370,342 2,353,801 403,854 3,776,887 55,004,000 52,875,060 55,004,000 52,875,060 4,204,072 3,982,897 4,204,072 3,982,897 53,924 5,447,988 4,622,257 2,687,489 4,676,181 8,135,477 547,924 384,695 58,365 31,798 606,289 416,493 7,907,937 5,919,703 7,907,937 5,919,703 19,285,189 45,327,331 83,519,676 62,753,548 102,804,865 108,080,879 13,837,247 26,532,761 31,444,404 24,516,871 45,281,651 51,049,632 5,827 13,340 2,360,030 4,147,060 2,365,857 4,160,400 SOHO 2015 29
2 (c) 403,854 3,776,887 159,618 374,574 563,472 4,151,461 (461,344) (2,513,245) (382,652) (24,690) (843,996) (2,537,935) 606,289 416,493 606,289 416,493 4,676,181 8,135,477 3,729,786 3,926,324 8,405,967 12,061,801 7,907,937 5,919,703 8,359,303 8,280,486 16,267,240 14,200,189 102,804,865 108,080,879 20,880,985 29,196,880 (51,853,778) (60,458,587) 71,832,072 76,819,172 45,281,651 51,049,632 40,664,322 45,759,131 (51,836,429) (60,449,559) 34,109,544 36,359,204 30 SOHO 2015
2 (c) 56,221,469,000 57,622,195,000 3 10% (a) 380,485 707,742 380,485 707,742 783,874 675,383 553,727 397,208 * (477,509) (812,038) 860,092 260,553 36,550 34,975 21,377 22,019 8,892 12,172 926,911 329,719 * 4.90% 6.58%4.91% 6.58% SOHO 2015 31
3 (b) 26 114,728 256,678 (i) 72,323 348,418 (ii) 1,050,952 (7,262) 1,238,003 597,834 (i) 72,323,000 348,418,000 (ii) 5,085,234,0001,050,952,000 11(a) (c) 323,778 443,556 6 246,149 241,460 53,296 18,071 50,159 180,523 49,620 16,824 43,419 31,842 37,522 39,642 27,320 30,660 20,278 1,384 7,382 19,172 5,205 5,208 1,410 627 6,267 2,602,825 129,228 8,260 10,706 880,065 3,771,728 32 SOHO 2015
4 163,102,000 5 (a) 488,952 502,204 29,113 5,510 73,234 823,105 253,057 1,207,116 843,996 2,537,935 (i) (ii) 25%25% (iii) 30% 50% (iv) 10% SOHO 2015 33
5 (b) 1,407,468 6,689,396 25%25% 351,867 1,672,349 (18,309) (205,776) 320,908 198,090 29,113 5,510 105,264 26,355 105,801 (18,081) (87,499) 73,234 823,105 843,996 2,537,935 6 221,558 216,759 17,543 15,333 30(b) 7,048 9,368 246,149 241,460 (a) 3,323,000 4,011,000 34 SOHO 2015
6 (b) 31 7,021 2,680 44 733 7,065 3,413 7 (a) 537,632,000 4,079,831,0005,192,476,000 5,224,777,000 5,199,523 5,290,169 23(b)(i) 45 (56,987) 23(b)(ii) (8,156) (9,423) 25(b) 1,109 973 5,192,476 5,224,777 SOHO 2015 35
7 (b) 537,632,000 4,079,831,0005,194,068,000 5,228,432,000 (i) 537,632 4,079,831 537,632 4,079,831 (ii) 5,192,476 5,224,777 892 1,592 2,763 5,194,068 5,228,432 36 SOHO 2015
8 8,785,000 39,943,000 48,728,000 10,453 4,875,607 4,886,060 25,153,483 (25,153,483) 1,885,216 1,885,216 (2,761,838) (2,987,855) (5,749,693) 2,544,386 581,091 3,125,477 35,616,700 17,258,360 52,875,060 35,616,700 17,258,360 52,875,060 61,755 1,675,731 1,737,486 10,377,000 (10,377,000) 187,401 187,401 (160,856) 364,909 204,053 46,082,000 8,922,000 55,004,000 (a) 28(e) (b) 19 (c) 46,082,000,000 35,616,700,000 28(e) SOHO 2015 37
9 354,462 330,390 64,766 5,685 755,303 10,425 2,915 13,340 (12,589) (2,982) (15,571) 354,462 330,390 62,602 5,618 753,072 330,390 62,602 5,618 398,610 354,462 354,462 354,462 330,390 62,602 5,618 753,072 180,577 56,340 236,917 (969) (969) 354,462 510,967 117,973 5,618 989,020 510,967 117,973 5,618 634,558 354,462 354,462 18,708 29,294 31,405 3,373 82,780 9,354 8,536 13,003 949 31,842 (10,973) (1,195) (12,168) 28,062 37,830 33,435 3,127 102,454 28,062 37,830 33,435 3,127 102,454 9,354 13,158 19,976 931 43,419 (544) (544) 37,416 50,988 52,867 4,058 145,329 38 SOHO 2015
9 (a) 70,481,000 105,142,000 108,225,000 (b) 777,025,000 618,960,000 (c) 100,000 135,000 149,00043,284,000 31,593,000 SOHO 2015 39
10 * 10,000,000 95% * 20,000,000 98.1% * SOHO 99,000,000 95% *** 96,000,000 100% *** SOHO 1,100,000,000 100% * SOHO SOHO 12,000,000 100% *** SOHO SOHO 10,000,000 100% *** 50,000,000 100% SOHO Exchange Limited SOHO 1,000 100% 40 SOHO 2015
10 * SOHO 99,000,000 100% ** SOHO 120,000,000 100% *** 1,750,000,000 100% * SOHO 135,000,000 61.506% *** SOHO SOHO SOHO 1,500,000,000 100% *** SOHO 955,000,000 100% ** SOHO 180,000,000 100% *** SOHO 1,550,000,000 100% * 3,190,000,000 100% * ** *** SOHO 2015 41
10 1,122,657,000 1,096,817,000 11 11,026 950,699 3,106,333 11,026 4,057,032 (a) 5,085,234 (927,949) (3,106,333) 3(b)(ii) 1,050,952 42 SOHO 2015
11 (b) 500,000 50% SOHO 45,000,000 50% 12 4,965 4,018 12 12 1.007% 394,250,000 415,000,000 SOHO 2015 43
13 (a) 483,365 460,382 4,703,376 4,745,196 5,186,741 5,205,578 (b) (i) 14,192 2,167,714 (5,221,322) (63,176) (3,102,592) 5(a) 11,967 (768,223) (450,860) (1,207,116) 26,159 1,399,491 (5,672,182) (63,176) (4,309,708) 26,159 1,399,491 (5,672,182) (63,176) (4,309,708) 5(a) 34,246 (36,379) (250,924) (253,057) 60,405 1,363,112 (5,923,106) (63,176) (4,562,765) (ii) 1,439,106 1,441,063 (6,001,871) (5,750,771) (4,562,765) (4,309,708) 81,883,000 28,053,000 6,001,871,000 5,750,771,000 44 SOHO 2015
13 (c) 1(q) 94,586,000 54,484,000 378,344,000 217,936,000 22,215,00041,998,00088,255,00033,096,000 192,780,000 (d) 42,151,243,000 39,393,501,000 4,215,124,300 3,939,350,000 14 385,237 1,195,328 3,818,835 2,787,569 4,204,072 3,982,897 (a) 310,605 15 110,000,000 SOHO 2015 45
16 (a) 255,848 195,625 607,005 521,625 (b) (61,644) (41,366) 801,209 675,884 (a) 89,108 94,353 1 26,191 8,347 1 6 45,805 2,089 61 3,732 192 1 91,012 90,644 166,740 101,272 255,848 195,625 28(a) (b) 1(k) 41,366 39,982 20,278 7,384 (6,000) 61,644 41,366 46 SOHO 2015
16 (b) 61,644,000 41,366,000 61,644,000 41,366,000 (c) 452,908 458,035 1 26,191 8,347 1 6 135,039 26,533 61 78,485 34,909 1 108,586 148,060 348,301 217,849 801,209 675,884 225,257,000 148,842,000 66,190,000 41,878,000 SOHO 2015 47
17 19(b)(i) 296,095 (i) 58,594 39,485 354,689 39,485 (ii) 251,600 257,008 19(b)(i) 120,000 251,600 377,008 606,289 416,493 (i) 58,594,000 39,485,000 (ii) 251,600,000 257,008,000 48 SOHO 2015
18 384 1,404 945,190 4,012,471 7,460,393 8,047,926 8,405,967 12,061,801 3 100,000 8,405,967 11,961,801 19 (a) 1 1,921,483 1,353,285 12 3,500,549 1,923,495 25 8,485,208 10,288,409 5 2,360,000 635,000 14,345,757 12,846,904 16,267,240 14,200,189 16,267,240 14,200,189 16,267,240 14,200,189 SOHO 2015 49
19 (b) (i) 8,879,826,000 5,996,474,000 22,316,691 12,163,376 296,095 120,000 22,612,786 12,283,376 (ii) 915,354,000 618,960,000 30(c) 29(b) (iii) 5,786,706,000 5,758,611,000 3SOHO (iv) 1,600,708,000 1,529,750,000 3SOHO (c) % % 2.73-6.55 4.46-6.88 2.73-6.58 2.73-6.77 (d) 10,923,799,000 9,576,716,000 28(b) (e) 50 SOHO 2015
20 21 (i) 2,402,210 2,588,238 100,000 100,000 30(a) 814,382 731,654 883,041 818,600 4,199,633 4,238,492 (ii) 379,033 382,175 4,578,666 4,620,667 (i) 1 2,355,022 2,143,849 13 47,188 444,389 2,402,210 2,588,238 (ii) SOHO 2015 51
22 1,000,000,000 600,000,0005.750% 400,000,0007.125% 146,731,000 253,269,000 23 (a) (i) 0.12 624,752 0.348 1,809,434 0.13 675,938 0.348 1,809,434 3,618,868 1,300,690 (ii) 0.13 0.13 675,765 684,570 52 SOHO 2015
23 (b) (i) 0.02 7,500,000 7,500,000 5,199,523 106,112 5,290,169 107,868 (90,691) (1,757) 45 1 5,199,523 106,112 5,199,523 106,112 216,55045,000 872 215,6781(p)(ii) 67,447 (ii) 8,009 36,033 9,252 39,932 1,064 3,357 439 2,092 25(b) (1,951) (7,052) (1,682) (5,991) 7,122 32,338 8,009 36,033 SOHO 2015 53
23 (b) (ii) (1) 5.27 (5) (1) 5.09 (5) (1) 5.35 (5) 212 5.27 1,115 855 3.48 2,977 1,064 4,077 (iii) 5.53 8,184,000 8,184,000 8,184,000 8,184,000 25(a) 54 SOHO 2015
23 (c) (i) (a)(b) (c)37 (d) (e) (f) (ii) 25 (iii) 1(t) (iv) 1(i) (v) SOHO 2015 55
23 (d) 2,299,703,000 5,684,108,000 23(c)(i) 23(c)(iv) 34.813 1,809,434,000 675,938,000 (e) 24.89% 26.38% 24 20% 22% 56 SOHO 2015
25 (a) 1 (i) 1,573,750 3 6 1,124,000 3 6 500,000 3 6 8,184,000 7 10 10,484,250 3 6 6,135,000 3 6 580,000 3 6 28,581,000 SOHO 2015 57
25 (a) (ii) 000 000 5.53 8,184 5.53 8,229 6.10 (45) 5.53 8,184 5.53 8,184 5.53 2,455 5.53 1,637 5.53 5.53 (iii) 58 SOHO 2015
25 (a) (iii) 1.51 2.24 3.25 1.79 4.25 6.10 8.30 5.53 4.25 6.10 8.30 5.53 49.36% 46.35% 45.91% 48.37% 2.28% 0.52% 0.48% 5.56% 3.11% 1.98% 3.93% 0.65% (b) SOHO 2015 59
25 (b) 735,000 3,313 735,000 (240,901) 5.97 1,299,500 5,857 1,299,500 (772,900) 5.24 175,500 791 175,500 5.61 232,000 1,157 232,000 5.61 3,113,000 15,194 3,113,000 (1,147,452) 5.61 1,038,000 5,188 1,038,000 5.61 155,500 838 155,500 5.61 188,000 945 188,000 5.61 264,700 1,498 264,700 5.61 3,270,300 18,503 1,428,500 (1,022,505) 6.08 230,500 1,536 1,281,500 (449,142) 6.55 3.85 3.85 3.85 3.85 3.85 0.18 1.27 222,000 1,359 216,500 1,284 211,500 1,115 855,000 2,977 12,207,000 61,555 9,911,200 (3,632,900) 60 SOHO 2015
25 (b) 6,926,859 7,327,060 1,281,500 (1,760,613) (1,537,670) 174,821 (190,586) (144,031) 5,150,481 6,926,859 26 100% 2,169,302 SOHO 2015 61
26 2,169,302,000 SOHO 2,169,302 (2,054,574) 114,728 1,480,000 666,488 22,814 2,169,302 2,010,799 10,028 33,747 2,054,574 62 SOHO 2015
26 666,488 (10,028) 656,460 9 (976) (967) (967) (967) SOHO 2015 63
27 (a) 294,748 294,423 53,494 212,175 743,253 560,417 1,037,676 17,660,419 17,736,338 2,779,252 1,482,660 20,439,671 19,218,998 21,000,088 20,256,674 27 (b) 106,112 106,112 27 (b) 245,135 3,535,590 351,247 3,641,702 6,437,820 7,369,622 1,614,493 6,062,108 4,965 4,018 8,057,278 13,435,748 1,921,483 287,930 63,575 84,601 10,606,505 2,806,693 12,591,563 3,179,224 20,648,841 16,614,972 21,000,088 20,256,674 64 SOHO 2015
27 (b) 107,868 9,423,489 7,904 47,168 (2,243,140) (1,269,254) 6,074,035 (723,846) (723,846) 36,147 36,147 36,147 (723,846) (687,699) 23(b)(i) (1,757) (1,757) (436,580) (436,580) (1,757) 1,757 23(a) (684,570) (684,570) 23(a) (624,752) (624,752) 23(b)(i) 1 283 (67) 217 25(b) 8,180 8,180 25(a) 1,188 1,188 25(b) 1,095 (7,086) (5,991) (569) (569) 106,112 7,677,208 9,661 48,814 (2,206,993) (1,993,100) 3,641,702 SOHO 2015 65
27 (b) 106,112 7,677,208 9,661 48,814 (2,206,993) (1,993,100) 3,641,702 (900,582) (900,582) 96,277 96,277 96,277 (900,582) (804,305) 23(a) (675,765) (675,765) 23(a) (1,809,434) (1,809,434) 25(b) 5,796 5,796 25(a) 1,252 1,252 25(b) 1,376 (8,428) (7,052) 12 (947) (947) 106,112 5,193,385 9,661 46,487 (2,110,716) (2,893,682) 351,247 66 SOHO 2015
28 (a) (b) SOHO 2015 67
28 (b) 1 1 2 2 5 5 1 1 2 2 5 5 2,596,341 4,105,919 8,936,713 2,512,830 18,151,803 16,267,240 1,983,299 2,505,471 11,031,013 745,280 16,265,063 14,200,189 1,702,415 1,702,415 1,614,493 385,497 385,497 4,373,870 2,944,974 8,089,838 6,062,108 135,346 135,346 135,346 178,603 178,603 178,603 4,199,633 4,199,633 4,199,633 4,238,492 4,238,492 4,238,492 8,633,735 4,105,919 8,936,713 2,512,830 24,189,197 22,216,712 6,785,891 2,890,968 15,404,883 3,690,254 28,771,996 24,679,392 (c) 1922 0.35% 3.35%0.35% 2.86% 100 86,236,000 34,454,000 47,877,000 107,364,000100 80,590,000 87,097,000 68 SOHO 2015
28 (d) 166,515 1,275,502 1,649,612 3,098,198 (669,894) (813,883) 5% 42,984,000 133,493,000 SOHO 2015 69
28 (e) 25... 8 55,004,000 55,004,000 354,462 354,462 55,358,462 55,358,462 4,965 4,965 4,965 4,965 70 SOHO 2015
28 (e) 52,875,060 52,875,060 354,462 354,462 53,229,522 53,229,522 4,018 4,018 4,018 4,018 8,922,000 21,878,200 24,203,800 55,004,000 SOHO 2015 71
28 (e) (CFO) (AC) 72 SOHO 2015
28 (e) 8,922,000 38,500-56,400 38,500-65,000 6,745 10,930 2,864 6,406 21,878,200 4.7%-6.0% 7.4 21.7 51,700 150,000 24,203,800 4.7%-6.4% 4.9 15.5 32,500 106,600 SOHO 2015 73
29 (a) (i) 2,130,348 1,395,531 3,423,096 4,813,375 5,553,444 6,208,906 (b) 4,481,661,000 6,433,147,000 915,354,000 (c) 1,290,019 762,177 2,757,436 2,042,304 263,479 209,485 4,310,934 3,013,966 74 SOHO 2015
29 (d) 30 (a) (i) 345,281 303,917 (i) 345,281 303,917 (i) 123,820 123,820 814,382 731,654 (i) 814,382,000 731,654,000 (b) 31 6(b) 24,678 26,806 132 80 7,048 9,368 31,858 36,254 SOHO 2015 75
30 (c) 915,354,000 1,600,708,000 1,529,750,000 (d) 14A 31 (a) 31(a)(i) 240 2,764 2,764 26 152 44 5,990 240 2,475 2,475 108 5,298 240 2,696 2,292 26 110 44 5,408 * 123 104 227 Ramin Khadem** 109 109 269 269 ** 96 96 *** 174 174 *** 174 174 1,542 8,058 7,635 52 370 88 17,745 * ** Ramin Khadem *** 76 SOHO 2015
31 (a) 622 Note (a) 31(a)(i) 240 2,961 2,764 24 247 40 6,276 240 2,671 2,475 108 5,494 240 2,893 2,393 24 107 40 1,221 6,918 88 1,160 1,199 203 2,650 88 1,988 1,294 91 203 3,664 Ramin Khadem 301 301 265 265 265 265 1,727 11,673 10,125 48 553 80 1,627 25,833 (i) 1(p)(ii) 25 (b) 44,000 40,000 44,000 40,000 SOHO 2015 77
32 (a) 30% 60% (b) 1(j) 78 SOHO 2015
32 (c) (d) 1(l)(ii) (e) 8(a) 28(e) (f) SOHO 2015 79
33 14 11 16 38 1028 27 10 1228 1 15 9 34 Capevale Ltd 35 30 3.45% 80 SOHO 2015