1958 *
OffSpace
北京汽車股份有限公司 2015 年年報 目錄 2 3 5 7 9 18 26 42 44 57 66 67 69 71 72 74 76 146
BAIC Motor Corporation Limited 22 25 5 99 101300 101300 202 11 136 28 19 99 5 136 99 5 43A 99 5 309D H 127 820 18317 1712-1716 H 1958 (86)10 5676 1958 (852)3188 8333 www.baicmotor.com ir@baicmotor.com 2
北京汽車股份有限公司 2015 年年報 董事長致辭 165.01 165.01 4.8% 63.2 63.2 8.2% 165.014.8%841.1 49.2% 152.870.1%63.28.2% 250.272.0% 66,262.8 7,819.9 50.8% 135.4% D+S 3
北京汽車股份有限公司 2015 年年報 董事長致辭 2025 4
北京汽車股份有限公司 2015 年年報 總裁致辭 1,650.14.8% 337.18.9% D XMPVM30 250.272.0% 1,062.8 SUV+ 5
2016-2020SUV SUV +SUV E+S +SUV D+S SUV + 6
84,112 56,370 12,782 3,520 1,916 68,835 47,387 12,367 3,688 1,888 15,277 8,983 415 (168) 28 1,244 1,540 620 1,856 106 8,002 5,646 2,203 1,031 399 4,039 3,455 1,316 506 355 416 533 474 158 82 4,102 5,712 5,987 3,835 3,572 155 97 36 (43) (86) 8,321 6,698 3,065 3,785 2,784 1,999 857 114 226 21 6,322 5,841 2,951 3,478 2,567 3,319 4,511 2,714 3,417 2,598 3,003 1,330 237 61 (31) 127,393 109,859 85,396 31,782 21,801 80,324 67,890 54,342 15,770 10,501 12,059 8,614 7,362 215 441 100% 7
127,393 109,859 85,396 31,782 21,801 55% 41,969 31,054 16,518 11,828 41% 47,069 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 157% 56,370 84,112 5,841 3,478 2,951 2,567 25% 6,322 1,916 3,520 12,782 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 8
9 (BJ)40 (BJ)40(BJ)80 MPV 306 307 MPV M20M30SUV S50MPVM50 SUV2015 EV E150EV EV160 EV200 EU260 ES210 2016 E+S SUV EX200EH400 5 (i) (ii)(iii) SUV MPV H H H 1958 337,102 8.9% D20 D50 D70 CC D80SUVX65 X25SUV X55 X35SUV SUV
51.0% 49.0% 250,188 72.0% EC GLC SUV GLK SUV GLA SUV GLA SUV C GLC SUVE 50.0% 24,415 2011 2012 2013 2014 2015 77,561 202,280 93% 28% 93,377 103,445116,006 337,102 309,648 145,468 250,188 1,062,826 5.1% SUV IX35 IX25 SUV 2011 2012 2013 2014 2015 9% 1,120,048 1,030,808 1,062,826 739,800 859,595 10 2011 2012 2013 2014 2015
11 MBtech Group GmbH & Co. KGaAMBtech 15 300
44.98% 50 10.08% 13.54% 12
13 49% 51% 100% 100% 100% 100% 50% 97.95% 100% 100% 100% 44.98% 10.08% 13.54% 13.82% 17.58% 50% 50%
1 2 3 4
1 X25 2 (BJ)40L 3 X55 4 (BJ)80 5 EV200 6 S50 7 EU260 8 M30 5 6 7 8
9 10 11 12
北京汽車股份有限公司 2015 年年報 9 北京現代 主要車型 13 14 15 16 全新GLC SUV 10 GLA SUV 11 標準軸距C級運動轎車 12 E級轎車 13 IX25 14 領動 15 第九代索納塔 16 全新途勝
18 1.6 337.18.9%SUV MPV SUVSUV SUV X6522.4 SUVX25 5.8 MPVMPV 147.0 89.7% M20M30 26.6 AD50 58.2 40.0% 1 IMF 3.1%0.3 GDP 6.9%0.4 21.17.3% 2.6 1,650.1 4.8%587.3 29.0%7.3% 21.7 MPV SUV 337.18.9% 250.272.0% 1,062.85.1% 1,615 1 2014 GPD 0.3% GDP 30.0 400.0
19 5.1% MBtech Group GmbH & Co. KGaA 51.0% 35.0% 20.1 268.6% 250.2 72.0% C 85.1 139.9% GLA SUV 42.7 1.6 GLK SUV 56.8 GLC SUV 1.6
20 47,386.8 68,834.7 12,502.654.1%19,268.5 (i)x65d50 (ii) 34,884.242.1%49,566.2 (i)72.0% (ii) 15,276.8 8,983.5 70.1% (i) (ii) 68.9 1,419.8 0.6%8.0% 9,052.4 84.4%16,696.6 20.6% 25.2% (i)72.0%(ii) 56,370.384,111.5 2 12,433.7 43.6%17,848.7 (i)x65d50 (ii) 43,936.6 50.8%66,262.8 72.0% GLA SUV 2
21 4,478.9 1,421.8 215.0% 1,899.5 75.9%3,341.0 15.3% 18.7% 3,321.3 135.4%7,819.9 7.6% 11.8% (i)72.0%(ii) 4,257.3 26.7% 415.6 537.6 4.1% 122.1 27.3 (i) (ii) 5,646.8 8,002.4 1,625.1 11.8%1,816.4 (i)8.9% (ii) 13.1% 10.2% 4,021.7 53.8%6,186.0 72.0% 9.2% 9.3% 3,455.0 4,039.1 947.8 12.4%1,065.7 7.6% 6.0% 2,507.2 18.6%2,973.4 5.7% 4.5%
22 23,946.5 6,370.6 2,104.6 30,266.0 33,390.3 7,331.4 1,560.9 97.4 21,923.3 3,970.9 1,229.1 29,918.2 29,019.3 2,500.0 3.15% 1,500.0 3.6% 21,279.9 8,986.1 127,393.1 17,534.4(i) (ii) 90.2 732.7 856.5 1,998.6 12.8% 24.0% 15.0% 16.5% 25.0% 31 6,322.08.2% 369.32.1% 5,952.7 9.0% 3,003.4 3,368.1 27.1% 2,473.3 5.6% 3,318.626.4% 0.4437.1%
23 25,461 22,015 4,557.6 30.6%(i) (ii) 1 6.7% 6.9% 2 80,323.7 12,433.6(i) (ii) 11,803.9 47,069.4 5,100.8 11.8%16.0%4.2 7,418.8 3,085.8 4,333.0 3,729.1 2,696.1 528.7
24 1 2 3 3 4 5
25 S50 SUVSUV 1.5 M50 MPV 1.6 E+S SUV CGLA SUV GLC SUV E SUV SUV SUV A0 4 CGLA SUV GLC SUV X65 X25M20 M30 SUV 26.0 25.40.6 6.0% E+S SUV X55 X35 S50 SUV X55SUV 1.51.5 X35SUV 1.5
26 7,595,338,1827,595,338,182 1.00 5,494,647,5002,100,690,682 H 21 31 37 3972 73 39 [1995]31 0.15 H 9 17 1825 69 145 7
27 Hubertus Troska Bodo Uebber 5% 22 41.7 8,523.8 4.9% 1.8% 55.0% 32.8% 49.3%
1 2010 9 20 2013 9 6 2010 9 20 2013 9 6 2010 9 20 2013 6 24 Hubertus Troska 2013 11 18 Bodo Uebber 2013 11 18 2014 4 24 2010 9 20 2014 12 2 2014 12 2 2014 12 2 2014 12 2 2014 12 2 1 2010 9 20 2013 9 6 2015 6 29 2011 7 13 2013 8 29 2013 8 29 2015 2 25 2015 7 24 2015 7 24 1 2010 9 20 2010 9 20 28
2013 5 20 2014 3 17 2013 9 6 2013 3 22 2010 12 10 2013 3 22 2013 6 1 2015 3 22 2015 11 20 2015 11 20 2015 3 22 2014 3 17 2012 8 30 2015 3 22 2013 3 22 2015 11 20 2010 9 20 3.13 3.13 13.51(2) 29
57 65 3441 40 29 30
31
XV XV78 352 XV2 3 336 5% 1 (%) 2 (%) 3,416,659,704(L) 62.18 44.98 1,028,748,707(L) 18.72 13.54 342,138,918(L) 6.23 4.50 H 765,818,182(L) 36.46 10.08 H 278,651,500(L) 13.26 3.67 1. (L) (S) (P) 2. 32
33 44 56 7 17.58% 500 5 4.68% 2,500 270 3.15% 1,500 5 3.60% 66
34 2 14A 315.3 300.7 3 1 00 14A 0.1% 14A.76 14A
35 4 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (c) (i) (ii) (iii) 14A 333.5 184.5
9,800.0 4,031.0 20.0 0 110.0 76.3 5 36
14A 17,020.1 13,574.7 5,571.8 2,176.6 22,591.9 15,751.3 6 37
14A 15,377.7 6,425.1 662.0 234.6 16,039.7 6,659.7 7 38
39
65.0 21.0 14A 0.1% 14A.76 14A 10.08% MBtech 30.0% MBtech 0.1%5.0%14A MBtech Group GmbH & Co. KGaA MBtech Group GmbH & Co. KGaA 10.025.0 MBtech Group GmbH & Co. KGa A 51.0% 49.0% 300,000,000.0461,538,461.2 35.0% 35% 40
10.08% 100%100% 0.1% 5% 14A (3) (4) 14A.56 3000 740 (1) (2) 41
42 3
43
44
1 1/2 50% 2 1/2 50% 3 1/2 50% 4 2/2 100% 5 1/2 50% 6 2/2 100% 7 Hubertus Troska 0/2 0% 8 Bodo Uebber 0/2 0% 9 2/2 100% 10 2/2 100% 11 1/2 50% 12 2/2 100% 13 0/2 0% 14 0/2 0% 15 0/2 0% 44.98% 5%H 45
46 3.10(1) 3.10(2) 3.10A 3.13 Hubertus Troska Bodo Uebber
1 Hubertus Troska Bodo Uebber A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D A/B/C/D 1 A: B: C: D: 47
MBtech Group GmbH & Co. KGaA 2014 2015 2015 2015 2015 2015 2014 2014 48
1 9/9 100% 2 9/9 100% 3 9/9 100% 4 9/9 100% 5 9/9 100% 6 9/9 100% 7 Hubertus Troska 9/9 100% 8 Bodo Uebber 9/9 100% 9 9/9 100% 10 9/9 100% 11 9/9 100% 12 9/9 100% 13 9/9 100% 14 9/9 100% 15 9/9 100% (1) (2) (3) (4) (5) 49
120,000 29 2,500,000 1 2,000,001 2,500,000 2 1,500,001 2,000,000 3 1,500,000 12 A.2.1 Hubertus Troska 50
MBtech Group GmbH & Co. KGaA 2015 2015 1 4/4 100% 2 4/4 100% 3 4/4 100% 4 4/4 100% 5 4/4 100% 6 Hubertus Troska 4/4 100% 7 4/4 100% 8 4/4 100% 9 4/4 100% 10 1/1 100% 51
2014 2014 2015 2015 2015 2015 1 6/6 100% 2 6/6 100% 3 6/6 100% 52
2015 2015 1 1/1 100% 2 1/1 100% 3 1/1 100% 4 1/1 100% 5 1/1 100% 53
1 2/2 100% 2 2/2 100% 3 2/2 100% 4 2/2 100% 5 2/2 100% 3.28 3.29 15 54
55 11.4 70 www.hkexnews.hk www.baicmotor.com 3 100% 42 43
(www.baicmotor.com) +86 10 5676 1958 +852 3188 8333ir@baicmotor.com 56
57 60 1992 62005 8 2005 82011 3 2010 9 20 52 1996 10 2009 122013 6 2013 9 6 60 2004 5 2010 12 58 2002 7 2010 9 20 52 1994 12013 6 2013 9 6
48 1989 8 2012 11 600166.SH Hubertus Troska 56 20032004 Uebber 2006 52011 8 TALANX AG (TLX: Xetra)2007 5 2013 3EADS N.V. 44 2014 2 Troska1997 9 2000 2 2003 102005 4 AMG 2005 42012 12 60 Bodo Uebber 56 1999 5 2004 11 Uebber2001 2003 58
59 49 1992 62013 9 EDS EDS PLM/UGS 600166.SH 51 1997 42004 3 2004 42006 9 2007 2 2013 42006 11 2013 5 00175.HK 601965.SH 70 1999 8 601238.SH 02238.HK 00175.HK 67 01224.HK 01194.HK 00027. HK 00874.HK 08228.HK 02010.HK 00702.HK 01161.HK 06838.HK 2015 8 10 01372.HK
60 48 (CICP)(CIA) 2001 62003 10 2003 10 2007 5 600166.SH 38 2014 2014 42014 6 20122014 20062012 2001 2006 2160 19992001 2014 6 51 1987 7 1999 5 1999 5 002368.SZ 002310.SZ 300002.SZ 59 2003 112005 5 2005 52007 92007 9 2009 9 2009 9 2012 10 2012 102014 11 2014 12
61 41 2004 11 2006 5 2008 6 2011 52013 11 2009 7 47 2002 82009 1 2009 22010 8 38 2007 42011 2 2009 8 2010 8 2011 22013 8 2013 92015 10 45 2011 3 60 2002 19882002 1985 1988 19831985 1975 1979
62 51 1986 7 1997 12 1997 12 2003 2 2003 22014 1 50 2000 62003 4 2003 4 2003 11 2003 122013 3 600166.SH 54 1998 42009 3 2004 102005 9 2008 1 2008 10 2009 32013 2 47 2012 20092012 20072008 20022007 19982002 19931995 19891993 20102011 2013
63 52 1988 53 1984 42 1998 58 1982 11998 5 1998 52003 1 2003 12008 10 2008 10 50 IT 1996 12008 9 2008 92009 2 2009 22014 1 43 1993 72006 3 2006 42007 12 2008 12013 6 2013 7
64 56 1993 KBS2 46 1999 72008 5 2008 52010 12 2011 32013 12 52 1986 10 1997 10MOTECH 2007 102009 2 2010 22012 5 DPECO CO., LTD. 60 1984 Bromont Rotem 44 1997 42006 3 2006 42011 1 46 1995 EPR COS
40 00967.HK 2010 9 65
25,461 8,094 9,642 17,736 3,422 1,256 4,678 832 26 858 1,464 725 2,189 13,812 11,649 25,461 1 354 2.7 21.3 66
69 145 67
68
7 38,353,039 34,218,190 8 5,222,063 5,347,184 9 11,473,224 8,251,308 11 12,902,015 12,675,306 12 1,680,360 1,391,135 13 4,000 4,000 14 4,208,609 2,676,059 1,313,159 976,823 75,156,469 65,540,005 15 9,870,762 11,068,159 16 10,948,608 6,422,290 17 2,041,593 1,029,695 18 3,965,500 2,831,500 19 1,463,660 1,043,710 20 23,946,496 21,923,296 52,236,619 44,318,650 127,393,088 109,858,655 69
21 7,595,338 7,508,018 17,680,657 16,677,213 9,733,988 9,169,736 35,009,983 33,354,967 12,059,419 8,613,649 47,069,402 41,968,616 22 8,986,078 13,935,190 14 839,971 887,471 23 1,610,287 894,901 24 1,260,294 672,609 12,696,630 16,390,171 25 21,382,334 14,977,797 1,283,647 2,591,312 26 21,201,970 17,115,051 1,943,280 38,787 22 21,279,937 15,983,058 23 535,888 793,863 67,627,056 51,499,868 80,323,686 67,890,039 127,393,088 109,858,655 76 145 69 145 70
6 84,111,526 56,370,306 28 (68,834,689) (47,386,825) 15,276,837 8,983,481 28 (8,002,438) (5,646,798) 28 (4,039,122) (3,455,016) 27 1,243,610 1,540,131 4,478,887 1,421,798 30 348,366 300,364 30 (763,941) (833,460) (415,575) (533,096) 4,102,237 5,712,001 155,108 97,136 8,320,657 6,697,839 31 (1,998,648) (856,527) 6,322,009 5,841,312 6,322,009 5,841,312 3,318,601 4,510,807 3,003,408 1,330,505 6,322,009 5,841,312 32 0.44 0.70 76 145 71
21 39(a) 39(b) 6,381,818 10,510,438 1,126,461 5,673,114 23,691,831 7,361,645 31,053,476 4,510,807 4,510,807 1,330,505 5,841,312 21 1,126,200 6,784,155 7,910,355 7,910,355 (118,967) (118,967) (118,967) (2,369,759) (2,369,759) (2,369,759) 380,000 380,000 380,000 336,201 (336,201) (677,984) (677,984) (677,984) (77,933) (77,933) 28,684 28,684 (568) 28,116 1,126,200 4,704,113 336,201 (1,014,185) 5,152,329 (78,501) 5,073,828 7,508,018 15,214,551 1,462,662 9,169,736 33,354,967 8,613,649 41,968,616 72
21 39(a) 39(b) 7,508,018 15,214,551 1,462,662 9,169,736 33,354,967 8,613,649 41,968,616 3,318,601 3,318,601 3,003,408 6,322,009 21 87,320 526,113 613,433 613,433 21 (371) (371) (371) 475,748 (475,748) 2014 (2,278,601) (2,278,601) (2,278,601) (1,552,034) (1,552,034) 1,992,408 1,992,408 1,954 1,954 1,988 3,942 87,320 527,696 475,748 (2,754,349) (1,663,585) 442,362 (1,221,223) 7,595,338 15,742,247 1,938,410 9,733,988 35,009,983 12,059,419 47,069,402 76 145 73
34(a) 13,035,082 4,546,367 (1,343,930) (1,219,919) 348,366 300,364 (1,674,205) (1,365,130) 10,365,313 2,261,682 (2,369,759) (9,220,098) (9,054,876) (260) (2,831,773) (2,730,074) (1,294,125) (551,534) (246,600) (577,254) 289,280 42,946 34(b) 4,070 443,327 146,939 216,922 5,169,653 4,893,533 105,671 91,245 (419,950) (496,809) 4,500 (8,443,872) (9,941,154) 74
21 613,433 7,910,355 25,406,249 23,172,347 (25,063,446) (15,776,839) 380,000 (2,278,601) (2,273,439) 1,992,408 (501,172) (519,231) (95,326) (71,013) 73,545 12,822,180 1,994,986 5,142,708 21,923,296 16,789,889 28,214 (9,301) 23,946,496 21,923,296 76 145 75
1 25 5 2 15,390 9,015 24,375 5 76
2 (a) (i) 19 2010-2012 2011-2013 (ii) 1 (1) 16 38 (1) 16 41 (1) 27 (1) 10 (1) 28 1012 (1) 28 11 (1) 14 (1) 2012-2014 (1) 7 (2) 12 (2) 15 (3) 9 (3) 16 (4) (1) (2) (3) (4) 77
2 (b) 622 622 9 3 3.1 (a) 78
3 3.1 (b) (c) 3.2 79
3 3.3 20%-50% 3.4 80
3 3.5 (a) (b) 3.6 20-30 10 5-10 5 5-10 3.9 81
3 3.7 3.8 (a) 5 10 (b) 2 5 (c) 82
3 3.8 (c) (d) 3.9 3.10 (a) 12 12 83
3 3.10 (b) (c) (d) (i) 84
3 3.10 (d) (ii) 3.11 85
3 3.12 3.13 3.14 3.15 3.16 3.17 12 86
3 3.18 3.19 (a) (b) (i) 87
3 3.19 (b) (ii) (c) 3.20 (a) (b) 88
3 3.21 3.22 (a) (b) (c) 3.23 89
3 3.24 3.25 3.26 18 3.27 90
4 4.1 (a) (i) 10% (34,930) (53) 609,915 (570,561) (141,108) 678,545 91
4 4.1 (a) (ii) 1,422,269,000 6,042,000 100 102,535,000 104,023,000 (b) 92%89% 92
4 4.1 (c) 15,390 7,181 22 22,166,736 4,624,677 4,138,489 1,050,140 21,382,334 19,382,116 17,125,168 4,818,938 9,313,278 1,094,748 14,977,797 15,740,989 93
4 4.2 22 30,266,015 29,918,248 20 (23,946,496) (21,923,296) 6,319,519 7,994,952 47,069,402 41,968,616 53,388,921 49,963,568 12% 16% 94
4 4.3 1 1 2 3 1 2 3 56,678 56,678 6,042 6,042 95
5 (a) 3.8(c) (b) (I) (II)(III) (c) 96
5 (d) (e) 6 97
6 17,918,066 66,262,804 84,180,870 (69,344) (69,344) 17,848,722 66,262,804 84,111,526 (1,419,806) 16,696,643 15,276,837 (1,160,978) (2,626,010) (3,786,988) (164,835) (33,239) (198,074) (537,647) 122,072 (415,575) (9,350) (1,989,298) (1,998,648) 12,487,017 43,936,615 56,423,632 (53,326) (53,326) 12,433,691 43,936,615 56,370,306 (68,920) 9,052,401 8,983,481 (920,593) (1,443,237) (2,363,830) (216,131) (147,735) (363,866) (560,442) 27,346 (533,096) 18,848 (875,375) (856,527) 98
6 10% 10% 63,725,718 63,667,370 127,393,088 12,902,015 12,902,015 1,680,360 1,680,360 (41,464,850) (38,858,836) (80,323,686) 59,909,305 49,949,350 109,858,655 12,675,306 12,675,306 1,391,135 1,391,135 (35,739,157) (32,150,882) (67,890,039) 27,052,099,00029,309,386,000 21,690,621,00027,102,885,000 99
7 8,185,532 8,819,726 332,334 1,391,300 1,587,190 13,902,108 34,218,190 1,573 20,528 18,833 34,038 5,182 7,338,674 7,418,828 5,882,725 7,125,081 66,261 1,162,555 2,094,410 (16,331,032) (566) (3,094) (84) (20) (50,066) (53,830) (745,791) (1,227,730) (77,551) (498,947) (657,015) (3,207,034) (10,667) (1,027) (4,557) (6,864) (23,115) 13,324,039 14,726,372 335,756 2,084,305 3,022,883 4,859,684 38,353,039 14,515,430 17,355,742 502,270 2,924,967 4,172,099 4,859,684 44,310,192 (1,191,391) (2,609,370) (166,514) (840,662) (1,149,216) (5,957,153) 13,324,039 14,726,372 335,756 2,084,305 3,022,883 4,859,684 38,353,039 6,613,388 6,623,525 252,046 1,169,962 696,277 9,399,843 24,755,041 3,085 11,430 32,610 38,954 3,147 11,366,904 11,456,130 1,892,641 3,087,817 123,515 471,084 1,289,582 (6,864,639) (10) (31,671) (2,601) (3,035) (6,467) (43,784) (323,572) (847,836) (66,823) (256,830) (360,796) (1,855,857) (23,539) (6,413) (28,835) (34,553) (93,340) 8,185,532 8,819,726 332,334 1,391,300 1,587,190 13,902,108 34,218,190 8,633,491 10,191,363 420,823 1,731,401 2,072,527 13,902,108 36,951,713 (447,959) (1,371,637) (88,489) (340,101) (485,337) (2,733,523) 8,185,532 8,819,726 332,334 1,391,300 1,587,190 13,902,108 34,218,190 100
7 (a) (b) 321,264,000 329,120,0006.07% 6.13%) (c) 2,982,269 1,603,469 9,076 10,088 186,760 228,149 3,178,105 1,841,706 28,929 14,151 3,207,034 1,855,857 (d) 1,428,362,000 1,242,692,000 101
8 5,569,747 5,569,487 260 5,569,747 5,569,747 (222,563) (97,444) (125,121) (125,119) (347,684) (222,563) 5,222,063 5,347,184 (a) 31.5 50 (b) 125,121 125,119 (c) 2,059,000 2,059,000 102
9 (a) (b) 7,172,560 271,243 807,505 8,251,308 3,663,240 54,890 3,718,130 (430,039) (66,175) (496,214) 10,405,761 259,958 807,505 11,473,224 11,439,847 398,528 807,505 12,645,880 (1,034,086) (138,570) (1,172,656) 10,405,761 259,958 807,505 11,473,224 4,667,243 64,891 807,505 5,539,639 2,846,681 274,104 3,120,785 (5,163) (5,163) (341,364) (62,589) (403,953) 7,172,560 271,243 807,505 8,251,308 7,776,607 343,638 807,505 8,927,750 (604,047) (72,395) (676,442) 7,172,560 271,243 807,505 8,251,308 103
9 (a) 3% 13.5% 13.4% (b) 3% 13.6% 14.2% (c) 252,199,000 177,314,0003.77% 4.99% (d) 456,448 355,364 27,314 41,641 483,762 397,005 12,452 6,948 496,214 403,953 104
10 (a) 38 (b) 51% 3 51% (i) 33,511,199 29,761,885 30,156,171 20,187,465 63,667,370 49,949,350 3,524,586 4,446,846 35,334,250 27,704,036 38,858,836 32,150,882 24,808,534 17,798,468 11,760,504 8,325,572 105
10 (b) (ii) 66,262,804 43,936,615 5,952,668 2,473,258 2,916,807 1,211,896 1,470,000 (iii) 17,605,903 6,586,939 (5,232,533) (6,963,702) (2,413,155) 1,179,347 9,960,215 802,584 106
11 12,675,306 11,841,449 (a) 1,294,125 15,389 5,469,649 7,616,003 (1,367,412) (1,904,002) 4,102,237 5,712,001 (5,169,653) (4,893,533) 12,902,015 12,675,306 (a) 2,582,251,000 50% 3,000,000 107
11 (b) (i) 2,240,956 4,906,707 37,224,182 40,646,026 39,465,138 45,552,733 18,589,580 16,058,944 26,005,674 29,545,938 2,045,826 2,966,459 28,051,500 32,512,397 1,400,000 1,400,000 3,069,992 2,557,805 4,469,992 3,957,805 25,533,226 25,141,475 108
11 (b) (i) 25,141,475 23,551,423 2,582,251 8,148,809 11,377,119 (10,339,309) (9,787,067) 25,533,226 25,141,475 % 50% 50% 12,766,613 12,570,738 (ii) 101,453,222 109,694,826 (1,820,242) (1,733,948) 194,486 170,105 (440,605) (316,751) (88,491,650) (92,607,695) (2,746,402) (3,829,418) 8,148,809 11,377,119 109
11 (b) (iii) 273,431 212,747 135,402 104,568 53,383 47,811 27,833 23,441 12 1,391,135 807,990 246,600 577,254 206,811 129,520 (51,703) (32,384) 155,108 97,136 (112,483) (91,245) 1,680,360 1,391,135 110
12 (a) (i) 2,302,548 1,580,713 224,292 145,385 2,526,840 1,726,098 18,559,063 11,358,634 14,396,693 8,122,718 255,369 1,496,111 14,652,062 9,618,829 4,126,323 1,400,000 2,307,518 2,065,903 2,065,903 961,210 1,000,000 241,615 104,693 2,307,518 2,065,903 % 33% 33% 761,481 681,748 111
12 (a) (i) 5,723,775 6,574,140 26,900 17,057 5,750,675 6,591,197 8,267,533 5,718,373 12,121,760 10,527,650 43,591 28,414 12,165,351 10,556,064 68,450 20,725 1,784,407 1,732,781 1,732,781 680,749 1,000,000 138,175 139,791 (86,549) (87,759) 1,784,407 1,732,781 % 20% 20% 356,881 346,556 112
12 (a) (ii) 1,944,240 1,063,356 (1,626,212) (923,138) (76,413) (35,525) 241,615 104,693 493,939 462,013 (169,768) (177,144) (128,628) (94,828) (57,368) (50,250) 138,175 139,791 (b) 3,842,222 3,558,527 561,998 362,831 292,609 432,794 47,740 34,629 113
13 4,000 4,000 14 12 4,046,455 2,521,527 12 162,154 154,532 4,208,609 2,676,059 12 (783,157) (871,649) 12 (56,814) (15,822) (839,971) (887,471) 114
14 123,761 2,481,069 71,229 2,676,059 58,148 1,215,711 258,691 1,532,550 181,909 3,696,780 329,920 4,208,609 298,229 2,369,888 39,540 2,707,657 (174,468) 111,181 31,689 (31,598) 123,761 2,481,069 71,229 2,676,059 (55,628) (831,843) (887,471) 11,324 36,176 47,500 (44,304) (795,667) (839,971) (72,165) (874,227) (946,392) 16,537 42,384 58,921 (55,628) (831,843) (887,471) 10,833,937,000 7,146,230,000 115
15 4,444,994 5,056,243 537,075 314,260 5,131,907 5,984,106 10,113,976 11,354,609 (a) (243,214) (286,450) 9,870,762 11,068,159 (a) (b) 68,835 47,387 (c) 529 1,970 16 (a) 4,579,034 2,454,837 (1,047) (3,496) 4,577,987 2,451,341 (b) 6,370,621 3,970,949 10,948,608 6,422,290 116
16 (a) 3 6 1 4,560,463 2,421,937 1 2 15,166 30,223 2 3 3,335 70 3 70 2,607 4,579,034 2,454,837 1 2 14,225 29,182 2 3 3,240 59 3 59 202 17,524 29,443 3,496 10,078 (2,449) (6,582) 1,047 3,496 (b) (c) (d) (e) 2,696,141 1,275,055 117
17 18 1,936,993 1,535,941 214,503 552,263 719,721 226,465 139,431 139,431 675,914 206,621 279,382 171,372 3,965,944 2,832,093 (444) (593) 3,965,500 2,831,500 19 1,463,660 1,043,710 1.43% 1.69% 2.80% 3.06%) 118
20 12,049,232 9,935,891 (a) 11,897,264 11,987,405 23,946,496 21,923,296 (a) (b) 2,129,521,000 2,537,879,000 20% 80% 97%60%) 21 6,381,818 6,381,818 a 1,126,200 1,126,200 7,508,018 7,508,018 7,508,018 7,508,018 b 87,320 87,320 7,595,338 7,595,338 (a) (b) 1,126,200,000 1.008.90 87,320,0001.00 8.90 777,088,000613,433,000 87,320,000 526,113,000 119
22 (c) 984,900 (b) 2,959,570 7,357,289 2,959,570 8,342,189 (a) 6,026,508 5,593,001 8,986,078 13,935,190 (c) 600,000 (b) 16,124,013 9,854,500 (c) 120,100 (b) 1,157,712 2,912,453 17,281,725 13,487,053 (a) 3,998,212 2,496,005 21,279,937 15,983,058 30,266,015 29,918,248 120
22 1 21,279,937 15,983,058 1 2 4,291,872 4,210,666 2 5 3,685,146 8,726,024 5 1,009,060 998,500 30,266,015 29,918,248 6 7,319,162 17,681,235 6 12 11,142,944 996,507 18,462,106 18,677,742 4.13% 5.04% 5.08% 5.38% 121
22 28,607,667 24,917,499 97,404 1,354,640 186,296 1,560,944 3,459,813 30,266,015 29,918,248 1 9,015,079 4,640,111 1 24,375,229 24,379,185 33,390,308 29,019,296 122
22 (a) 5.18% 1,435,500 1,432,478 7 3.60% 1,500,000 1,497,030 5 4.96% 1,500,000 1,499,961 3 5.40% 1,000,000 999,000 3 5.74% 400,000 399,400 7 5.54% 300,000 299,550 7 5.54% 300,000 299,550 7 4.68% 500,000 499,500 5 3.15% 2,500,000 2,498,251 270 5.20% 600,000 600,000 3 10,024,720 5.18% 1,500,000 1,496,977 7 5.70% 1,000,000 999,573 3 5.00% 1,500,000 1,496,432 3 4.96% 1,500,000 1,498,524 3 5.54% 300,000 299,550 7 5.54% 300,000 299,550 7 5.74% 400,000 399,400 7 5.40% 1,000,000 999,000 3 5.20% 600,000 600,000 3 8,089,006 (b) 3,213 1,797 123
22 (c) 16(e) 600,000 36(c) 1,105,000 1,705,000 23 535,888 793,863 1,610,287 894,901 2,146,175 1,688,764 1,688,764 1,028,744 922,393 869,597 99,481 75,614 (564,463) (285,191) 2,146,175 1,688,764 124
24 672,609 659,315 625,141 42,946 (37,456) (29,652) 1,260,294 672,609 25 19,277,708 13,748,685 2,104,626 1,229,112 21,382,334 14,977,797 1 19,236,144 13,737,253 1 2 38,357 9,576 2 3 2,770 827 3 437 1,029 19,277,708 13,748,685 125
26 5,777,975 3,666,133 4,679,073 5,909,446 1,842,403 1,486,014 1,821,974 1,305,662 1,787,093 815,594 1,470,000 436,245 923,561 234,241 896,294 670,032 662,256 347,201 516,213 469,789 219,147 137,123 227,330 284,327 141,896 126,646 419,138 790,968 236,755 16,492 21,201,970 17,115,051 27 113,616 88,989 90,170 732,677 1,121,755 613,996 (49,760) 122,564 (32,171) (18,095) 1,243,610 1,540,131 126
28 58,984,147 42,721,742 629,384 (1,895,990) 29 4,557,648 3,490,543 7(c),8(b),9(d) 3,786,988 2,363,830 2,387,070 1,748,171 2,777,971 2,137,179 3,198,658 1,994,724 1,440,073 735,571 969,658 765,554 565,338 423,303 442,355 299,463 319,793 280,296 198,074 363,866 144,801 121,906 11,427 25,451 462,864 913,030 80,876,249 56,488,639 29 3,630,177 2,721,853 405,682 324,907 210,520 151,128 311,269 292,655 4,557,648 3,490,543 127
29 40 13,514 15,749 219 2,124 13,733 17,873 0 1,000,000 1,000,001 1,500,000 1,500,001 2,000,000 2,000,001 2,500,000 2,500,001 3,000,000 3,000,001 3,500,000 5 3,500,001 4,000,000 4,000,001 4,500,000 3 4,500,001 5,000,000 2 128
30 348,366 300,364 862,154 930,908 375,769 333,372 23 99,481 75,614 1,337,404 1,339,894 7 9 (573,463) (506,434) 763,941 833,460 (415,575) (533,096) 31 3,578,698 883,850 14 (1,580,050) (27,323) 1,998,648 856,527 129
31 15% 16.5% 25% 25% 8,320,657 6,697,839 25% 2,080,164 1,674,460 79,473 (2,164) (1,064,124) (1,452,284) (37,899) (42,383) 6,299 50,307 (4,016) (3,428) 941,229 642,693 (6,681) (10,674) 4,098 105 1,998,648 856,527 130
32 3,318,601 4,510,807 7,592,228 6,418,844 33 0.15 (a) 1,139,301 0.30 (b) 2,278,601 (a) (b) 2,278,601,000 0.30 131
34 (a) 8,320,657 6,697,839 (4,102,237) (5,712,001) (155,108) (97,136) 49,760 (122,564) 3,786,988 2,363,830 198,074 363,866 (90,170) (732,677) 415,575 533,096 (37,456) (29,652) 8,386,083 3,264,601 (4,802,837) (532,817) (2,847,825) (1,250,599) 1,022,199 (3,866,310) 6,440,081 3,866,050 4,479,451 2,405,422 357,930 660,020 13,035,082 4,546,367 (b) 53,830 48,947 27 (49,760) 122,564 271,816 4,070 443,327 132
35 (a) 7,331,424 6,050,730 (b) 1 101,414 43,221 15 70,448 3,180 171,862 46,401 36 24 133
36 (a) 2,574 4,078 6,422,469 1,501,460 275,757 286,911 384 19,449 568,733 1,360,460 233 207,077 242 23,292 36,717 144,589 84,228 81 6,862 11,366,385 4,348,513 12,307 2,385 28,406,360 23,464,787 372,367 194,368 2,107,506 772,384 638,425 448,600 2,954,791 2,426,304 153,804 127,392 30,719 76,264 88,451 98,084 62,541 14,797 11,157 805 264 6,806 6,066 19,100,890,000 15,515,174,000 134
36 (b) 337,758 1,839 1,345 1,319,502 452,701 27,174 33,084 195,746 362,656 792,526 518,976 262,020 142,088 27,462 48,160 1,001,991 77,332 1,985 1,886 24,107 20,730 187,139 170,988 2,129,521 2,537,879 31,477 815 3,996,945 1,612,036 7,981 6,688,576 6,460,755 327 28,874 14,093 327 340 17 511,439 561,055 1,171,139 297,040 148,568 135,441 40 1,935,501 1,557,103 1,470,000 436,245 22(b) 3,213,190 1,796,500 135
36 (c) 1,105,000 37 (a) 2016 2 2 201620 2702.85% (b) 2016 3 14 35% 35% 15% 50% (c) 2016 3 172016 15 5 3.15% 136
38 1,145 100% 3,500 97.95% 362 100% 1,874 51% 60 100% 1,476 100% 100 100% 8 100% 1,219 50% 102 49% 1,500 20% 2,000 33% 137
39 7,845,291 7,018,707 945,751 966,503 8,019,330 5,010,089 20,594,136 18,193,302 72,091 65,389 379,148 136,250 4,000 4,000 622,103 322,431 38,481,850 31,716,671 802,324 828,661 5,592,568 3,963,958 852,227 913,782 16,485,366 8,112,909 410,535 471,780 1,602,303 10,478,476 25,745,323 24,769,566 64,227,173 56,486,237 138
39 7,595,338 7,508,018 (a) 21,841,298 20,839,808 (a) 4,524,798 2,523,791 33,961,434 30,871,617 4,109,000 8,355,193 34,289 146,476 71,476 4,255,476 8,460,958 5,714,402 3,557,870 17,654 18,064 2,339,953 2,909,639 17,938,254 10,668,089 26,010,263 17,153,662 30,265,739 25,614,620 64,227,173 56,486,237 139
39 (a) (b) 20,060,726 779,082 2,523,791 23,363,599 4,755,356 4,755,356 21 526,113 526,113 (371) (371) 475,748 (475,748) (2,278,601) (2,278,601) 20,586,468 1,254,830 4,524,798 26,366,096 13,395,538 442,881 191,540 14,029,959 3,346,436 3,346,436 21 6,784,155 6,784,155 21 (118,967) (118,967) 336,201 (336,201) (677,984) (677,984) 20,060,726 779,082 2,523,791 23,363,599 (a) (b) 10% 50% 25% 140
40 383 622 622G (a) (1) 895 36 538 1,469 764 30 460 1,254 Hubertus Troska Bodo Uebber 141
40 383 622 622G (a) (1) 120 120 120 120 120 120 120 120 120 120 468 30 163 661 706 36 226 968 (2) (3) (4) 53 53 (5) 53 53 (1) (2) (3) (4) (5) 142
40 383 622 622G (a) 622 907 17 316 1,240 (2) 152 11 267 430 814 32 475 1,321 (3) (3) (3) (3) 143
40 383 622 622G (a) (1) Hubertus Troska Bodo Uebber (4) (5) (6) 10 10 (6) 10 10 (6) 10 10 (6) 10 10 (6) 10 10 702 32 293 1,027 994 23 102 1,119 144
40 383 622 622G (a) (1) (2) (3) (4) (5) (6) (b) (c) (d) (e) (f) 145
1994 6 30 2010 9 28 2002 6 28 97.95% 2.05% 1983 7 1 51.0% 38.665% 10.335% 2002 10 16 50.0% 2012 12 7 49.0% 51.0% 2013 12 28 2014 3 1 146
1886 2016 3 24 1.00 1996 8 28A 600166.SH 2015 27.07% H 1.00 50.0% H 147
2014 12 9 571 H 1999 10 15 2 148