上置集團有限公司 SRE GROUP LIMITED 上置集團有限公司 股份代號 1207 SRE GROUP LIMITED 上置集團有限公司 (Stock Code: 1207) SRE Group Limited 二 零 一 五 年 年 報 2015 Annual Report 2015 Annual Report 2015
1 2 4 5 16 22 26 30 37 49 51 53 55 57 58
2 * * * * *
3 Clarendon House 2 Church Street Hamilton HM 11 Bermuda 18 40 4006 MUFG Fund Services (Bermuda) Limited The Belvedere Building 69 Pitts Bay Road Pembroke HM08, Bermuda 183 22 1207 www.sre.com.cn general@sregroup.com.hk
4 (Oasis Garden)Rich GateSkywayAlbany
5 1,763 1,440 3,344 3,582 6,786 (1,357) 307 956 1,000 1,867 (2,698) 568 500 504 738 230 (424) (295) (196) (319) (2,468) 144 205 308 419 103 (250) (5) 59 78 (2,365) (106) 200 367 497 (60) (34.73) (1.87) 3.53 6.85 11.41 (34.73) (1.87) 3.53 6.85 11.41 34,800 37,327 32,040 29,355 43,656 26,760 27,723 22,487 19,593 30,681 8,040 9,604 9,553 9,762 12,975 3,050 2,109 2,941 2,032 2,521 7,643 9,037 9,231 9,058 10,489 (%) (31%) (1%) 2% 4% 5% 1.24x 2.10x 2.34x 2.00x 1.82x 3.33x 2.89x 2.35x 2.01x 2.36x * 3.10x 2.83x 2.12x 1.94x 2.68x *
16 2015 12 31
17 71.35 15.79 3,939,907 49,700 2,056,320 20,524 719,712 63,577 115,138 9,542 113,102 2,930 82,084 8,077 45,899 1,475 45,314 768 12,459 988 5,082 294 7,135,017 157,875 17.6314.4013.57 3.0713.81 2015 2014 1,265,443 1,021,621 210,495 194,757 118,875 115,685 175,921 172,205 9,148 21,914 87,999 15,486 (105,366) (101,712) 1,762,515 1,439,956
18 2 5.41%4231776.77% 94.44% 8481645.59% 26.67% 2014 1,40190,903143,493 84.87% 19 157
19 502200 30285% A BA12463 85% B79 850%A 5 B 541 309 27,300 96,146 24,000 245,252 1 2 149 0.1014.9 Mainlandcn Ten Company Limited 54,787.2 66,840.38
20 1 2 3 4 5 6 7 2015 2015 B9# B7#3# 2015 2015 2014 2015 95,9791.0%64,5950.4%6,210 10.1%14,6071.8%
21 2016
22 17.6314.4022% 23.641.06 30.5021.09 53.34145.3463% 1.24 2.10 3.332.89 49% 65%30.50 2,1442,153 1.751.71 106.46190.70 32 1.852.34
23 70% 18 699 45,458 2016 95% 79% 212,545 2018 0% 79% 16,316 2018 0% 79% 160,000 2016 80% 100% 45,000 2018 0% 100% 20,000 2018 0% 100% 120,000 2018 0% 100% A 87,801 2016 90% 97.50% B 90,064 2018 67% 97.50% B 2,972 2017 70% 97.50% A 24,231 2016 70% 97.50% B 100,503 2019 0% 97.50% B 6,384 2019 0% 97.50% C 104,839 2019 0% 97.50% C 3,060 2019 0% 97.50% 58,178 0% 98.75%
24 68 1 27,119 2016 75% 50.36% 4,152 2016 90% 50.36% 5,681 2016 90% 50.36% 75,757 2019 0% 100% 41,820 2019 0% 100% 12,000 2019 0% 100% 83,000 2019 0% 100% 97,612 2016 85% 98.95% 203,960 2017 0% 98.95% -1# 73,144 2017 0% 98.75% 204,219 2018 0% 98.75% 154,001 2017 0% 50.36% 20,234 2017 0% 50.36% 78,039 2017 0% 50.36% 18,000 2018 0% 50.36% 65,136 2018 0% 50.36% 47,950 2018 0% 50.36% 271,623 2019 0% 50.36% 102,830 2019 0% 50.36%
25 245,252 100% 118 32,602 95.79% 1628 6,499 95.79% 1678 57,045 95.79% 1628 2605, 2606, 732 98% 26(3A), 2803, 2806 172 28(3A) 24,000 100% 350 27,300 55.42% 15 64,047 55.42% 15
26 67 817 61 40 32 1278 D4N.si
27 36 36 817 36 817 2007 64 363 Vertex Management Group 300238 FMCN DQ 926218 600675 600629 2027 1099
28 62 CYOUSolar Power Inc. SPI 66 601021 64 506 223886 1918 474
29 61
30 21 22 4 32 31 54.3254.34 30 14,900,000,000 5
31 17 18 42
32 3.13 86(2) 87(1) 87(2) 26 29 13.51B(1) 600629) 2027 1099 Solar Power Inc. SPI
33 10% 10
34 XV352 160,000 160,000 0.00% XV 352
35 336 12,500,000,000 60.78% 1 12,500,000,000 60.78% 1 Jiaxin Investment (Shanghai) Co., Ltd. 12,500,000,000 60.78% 1 12,500,000,000 60.78% 1 12,500,000,000 60.78% 1 2,902,668,443 14.11% 2 2,902,668,443 14.11% 2 2,889,659,128 14.05% 2 (1) Jiaxin Investment (Shanghai) Co., Ltd.Jiaxin Investment (Shanghai) Co., Ltd. Jiaxin Investment (Shanghai) Co., Ltd. (2) 13,006,9912,324 2,889,659,12830% 336
36 10% 30% 30% 2.4
37 A.2.1 A.2.1 A.6.7 A.6.7 E.1.2 E.1.2 3.21 10
38 3.10(1) 3.10A
39 (a) (b) (c) (d) (e) : 1 0/0 0/0 0/0 0/0 2 14/14 0/0 2/2 0/0 1/1 1/1 1 0/0 0/0 0/0 3 9/9 0/0 1/1 1 0/0 0/0 0/0 1 0/0 0/0 0/0 1 0/0 0/0 0/0 4 0/0 0/0 0/0 4 0/0 0/0 0/0 5 14/14 1/1 1/1 5 14/14 1/1 1/1 6 3/5 1/1 0/0 7 0/14 0/2 0/1 0/1 8 13/14 1/1 1/1 9 11/14 2/2 2/2 1/1 1/1 9 13/14 2/2 1/1 1/1 10 12/14 2/2 2/2 2/2 1/1 1/1 13/14 2/2 2/2 1/1 1/1 11 13/14 1/1 1/1 12 12/14 2/2 2/2 0/1 1/1
40 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.
41
42-39
43 3.13(i) (ii) (iii) 39 87 86(2)
44 39 10 42 iv)
45
46 A.6.5
47 15 481597.575 93.2 (i)(ii) (iii) (iv) (v)
48 general@sregroup.com.hk
49 511362015 12 31 198190
50 2015 12 31 122 2016 3 31
51 2015 2015 2014 5 1,762,515 1,439,956 7 (3,119,767) (1,133,304) (1,357,252) 306,652 6 (191,335) 964,797 7 (336,855) (77,148) 7 (371,730) (270,308) (2,257,172) 923,993 8 38,189 99,204 9 (480,210) (456,753) (442,021) (357,549) 991 1,431 (2,698,202) 567,875 12 230,391 (423,600) (2,467,811) 144,275 (545,456) (30,908) (545,456) (30,908) (3,013,267) 113,367
52 2015 2015 2014 (2,364,415) (105,954) (103,396) 250,229 (2,467,811) 144,275 (2,881,561) (137,611) (131,706) 250,978 (3,013,267) 113,367 15 (34.73) (34.73) (1.87) (1.87)
53 2015 12 31 2015 2014 17 468,829 1,672,425 18 5,725,705 6,709,310 19 50,842 133,023 20 227,370 569,329 22 55,069 57,512 33 310,284 394,332 24 6,338 16 11,936 12,676 29 34,225 6,850,035 9,589,170 19 4,697,787 12,193,194 23 5,192,599 9,367,652 17,655 18,014 24 2,623,121 3,372,619 25 360,978 389,118 26 69,640 47,356 26 645 186,114 240,763 16 1,790 28 255,908 27 3,049,760 2,108,997 16,455,997 27,737,713 40 11,493,976 27,949,973 27,737,713 34,800,008 37,326,883
54 2015 12 31 2015 2014 30 7,488,108 6,000,738 31 1,171,946 1,688,257 31 (1,017,554) 1,347,736 7,642,500 9,036,731 397,161 566,804 8,039,661 9,603,535 32 2,496,551 12,365,003 33 1,647,654 2,154,852 4,144,205 14,519,855 32 8,422,193 7,229,169 34 2,361,360 1,542,255 35 814,468 2,135,637 36 956,431 721,529 1,231,397 1,574,903 13,785,849 13,203,493 40 8,830,293 22,616,142 13,203,493 26,760,347 27,723,348 34,800,008 37,326,883 5,333,831 14,534,220 12,183,866 24,123,390
55 2015 30 2015 1 1 6,000,738 1,211* 368,511* 1,709,198* (390,663)* 1,347,736 9,036,731 566,804 9,603,535 (517,146) (2,364,415) (2,881,561) (131,706) (3,013,267) 875 (875) (37,031) (37,031) 1,490,000 1,490,000 1,490,000 (2,630) (2,630) (2,630) (40) (40) (40) (906) (906) 2015 12 31 7,488,108 1,211* 369,386* 1,192,052* (390,703)* (1,017,554) 7,642,500 397,161 8,039,661
56 2015 30 2014 1 1 6,000,738 1,211* 367,249* 1,740,855* (397,261)* 2,810* 1,454,952 60,046 9,230,600 322,755 9,553,355 (31,657) (105,954) (137,611) 250,978 113,367 1,262 (1,262) 21,878 21,878 (20,430) (20,430) 192 192 (445) (253) 3,596 3,596 (3,598) (2) (4,334) (4,334) 4 2,810 (2,810) 2013 (60,046) (60,046) (60,046) 2014 12 31 6,000,738 1,211* 368,511* 1,709,198* (390,663)* * 1,347,736 9,036,731 566,804 9,603,535 * 2015 12 311,171,94620141,688,257
57 2015 2015 2014 37 4,444,979 (2,986,404) (1,570,119) (1,584,082) (154,763) (159,129) 2,720,097 (4,729,615) (43,652) (308,544) 1,645 53,931 (2,580) (5,358) (14,724) 281,839 148,061 (1,790) (12,676) 16,406 11,924 1,025 129,143 (255,908) 3 2,543 3,111 85,594 73,212 206,215 (43,013) 1,490,000 (2,630) 165,414 36,582 29,287 (24,203) 2,392,841 1,695,457 (1,428,832) (742,933) 370,543 5,516,578 (4,039,202) (2,437,413) 4 (8,813) (60,046) (906) (4,334) (1,023,485) 3,970,875 1,902,827 (801,753) 572,179 1,382,220 (107,893) (8,288) 2,367,113 572,179 27 1,707,757 572,179 40 659,356 2,367,113 572,179
58 2015 12 31 1. 1999 8 111981 1999 11 121999 11 30 1999 12 101840 4006 2015 12 31 60.78%14.11%2014 12 31 51.43% 2.1 2.4 42 39 2015
59 2015 12 31 2.1 (a) (b) (c) (i)(ii) (iii)(i)(ii)(iii) 12 12
60 2015 12 31 2.2 19 2010-2012 2011-2013 622 2.3 9 2 10 1 28 2011 10 1 12 28 2011 11 1 14 3 15 2 1 1 1638 1 1641 1 272011 1 2010-2014 1 1 2016 1 1 2 2018 1 1 3 2016 1 1
61 2015 12 31 2.3 2014 9939 9 2018 1 199 10281028 2016 1 1 11 3 11 2016 1 1 15 15 15 2015 9 15 2018 1 1 1 (i) 1 (ii) (iii) (iv)
62 2015 12 31 2.3 12016 1 1 1638 2016 1 1 2.4 20 5
63 2015 12 31 2.4 12 31
64 2015 12 31 2.4 1 2 3
65 2015 12 31 2.4 (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii)
66 2015 12 31 2.4 5 4030 40 20 5 10 5,,
67 2015 12 31 2.4
68 2015 12 31 2.4 39 39
69 2015 12 31 2.4 (a) (b)
70 2015 12 31 2.4 (a)(b)
71 2015 12 31 2.4
72 2015 12 31 2.4 39 39
73 2015 12 31 2.4 39
74 2015 12 31 2.4 (a) 12 (b) (c)
75 2015 12 31 2.4 (i) (ii)
76 2015 12 31 2.4
77 2015 12 31 2.4 14%-22%201414%-22% 5
78 2015 12 31 2.4 (a) (b)
79 2015 12 31 2.4 (c) (i) (ii) (iii)
80 2015 12 31 3. 2015 12 312.2720145.6920
81 2015 12 31 3. 2015 12 312014 12 31 201518 3312
82 2015 12 31 3. 2.4 17 4.
83 2015 12 31 4. 2015 1,193,504 109,947 199,926 259,138 1,762,515 47,635 47,635 1,193,504 109,947 199,926 306,773 1,810,150 (47,635) 1,762,515 (2,086,570) (71,698) 18,076 (116,980) (2,257,172) 38,189 (480,210) (442,021) 991 (2,698,202) 24,495,349 6,171,274 1,754,677 2,323,639 34,744,939 55,069 34,800,008 21,070,466 2,850,697 740,251 2,098,933 26,760,347 21,070,466 2,850,697 740,251 2,098,933 26,760,347
84 2015 12 31 4. 2015 6,360 252 44,150 1,433 52,195 * 16,802 (18,187) 12,964 3,657 15,236 71,315 71,315 321,308 321,308 670,017 670,017 711,461 711,461 13,975 13,975 27,019 27,019 2,041 4,969 7,010 * 30,208-18,2183,246
85 2015 12 31 4. 2014 960,402 106,078 183,755 189,721 1,439,956 60,973 60,973 960,402 106,078 183,755 250,694 1,500,929 (60,973) 1,439,956 (92,034) 1,047,315 9,160 (40,448) 923,993 99,204 (456,753) (357,549) 1,431 567,875 27,944,150 6,721,673 1,817,413 786,135 37,269,371 57,512 37,326,883 20,843,829 3,123,360 980,598 2,775,561 27,723,348 20,843,829 3,123,360 980,598 2,775,561 27,723,348 7,417 271 45,489 2,034 55,211 * 4,093 5,402 387,199 6,111 402,805 993,326 993,326 79,398 79,398 84,367 84,367 9,296 9,296 * 397,4475,358
86 2015 12 31 4. (a) 2015 100% 2014100% (b) 2015 12 3199%201499% 20152014 10% 5. 2015 2014 1,265,443 1,021,621 210,495 194,757 18 118,875 115,685 175,921 172,205 9,148 21,914 87,999 15,486 1,867,881 1,541,668 (105,366) (101,712) 1,762,515 1,439,956 5% 3%
87 2015 12 31 6. 2015 2014 18 (71,315) 993,326 * (41,861) 43,079 20 (321,308) (79,398) 41 235,644 1,662 7,505 6,128 (191,335) 964,797 * 2015201442,000 7. 2015 2014 1,695,735 996,034 17 47,818 50,468 145,505 103,018 24,553 23,816 170,058 126,834 23 670,017 84,367 19 711,461 9,296 235,912 16,063 16,926 4,956 (*) 6,907 5,275 31,156 25,547 53,335 47,632 11,089 11,746 7,500 5,961 725 3,609 8,784 5,978 4,629 7,775 7,010 13,975 27,019 108,296 79,219 3,828,352 1,480,760 * 2015932
88 2015 12 31 8. 2015 2014 41,103 104,868 (2,914) (5,664) 38,189 99,204 9. 2015 2014 5 1,418,170 1,401,354 5 153,019 181,211 45 872 1,571,189 1,583,437 (1,090,979) (1,126,684) 480,210 456,753 201510.32% 20149.26%) 10. 3831(a) (b) (c)(f) 2015 2014 2,040 2,057 10,404 14,405 12,444 16,462
89 2015 12 31 10. 2015 2015 250 250 2,518 2,518 2015 9 2,000 2,000 2015 167 167 2015 1,136 1,136 2015 1,047 1,047 2015 711 711 2015 1,170 1,170 2015 1,129 1,129 2015 135 135 2015 126 126 2015 5 5 2015 5 5 2015 5 5 2015 360 360 2015 330 330 330 330 360 360 2016 1 1 330 330 330 330 10,404 2,040 12,444
90 2015 12 31 10. 2014 3,000 3,000 2014 2,500 2,500 2,525 2,525 2,000 2,000 2,000 2,000 1,326 1,326 1,054 1,054 360 360 330 330 330 330 2014 275 275 360 360 330 330 2014 72 72 14,405 2,057 16,462 2015 2014 2015 2014 11. 201410 2014 2015 2014 4,100 2015 2014 2,000,0013,000,000 1 1,500,0012,000,000 1 2
91 2015 12 31 12. 2015 2014 (a) 41,628 15,963 (c) (24,742) 77,176 16,886 93,139 (199,058) 388,293 (16,985) (49,739) (d) (31,234) (8,093) (247,277) 330,461 (230,391) 423,600 (a) 2008 1 1 25% 2015 12 31 7,40020148,100 (b) 2016 (c) 30% 60%
92 2015 12 31 12. (c) 2%-5% 20141.5%-5%)2015 12 31 1.1220141.602015 (d) 2008 1 1 10% 2008 2 22 [2008]12007 12 31 25% 2015 2014 (2,698,202) 567,875 25 (674,551) 141,969 (248) (358) 10,432 (6,859) (16,929) (1,007) 186,183 98,754 80,327 19,850 3,007 4,177 179,886 74,463 147,730 10% (31,234) (8,093) (188,664) 396,163 (41,727) 27,437 (230,391) 423,600 102014
93 2015 12 31 13. 2015 2014 44.58% 44.58% 2015 2014 10,400 258,301 107,173 96,288 2015 2014 274,196 379,109 384,062 406,579 166,561 1,016,241 23,329 579,396 23,329 579,396 51,225 42,108 2,396,727 2,335,340 (81,093) (60,831) (2,126,459) (2,100,633) 34,938 (22,010) 807 (1,067) (22,857) 13,604 378 (137) 13,266 (9,610) 14. 2015 12 312014
94 2015 12 31 15. 6,807,727 20145,664,713 2015 2014 2015 2014 (2,364,415) (105,954) 2015 2014 6,807,727 5,664,713 16. 2015 2014 (a) 11,936 12,676 (b) 1,790 (a) (b) 2016
95 2015 12 31 17. 2015 520,211 4,693 392,462 65,922 1,139,502 2,122,790 10,105 2,622 4,665 12,816 30,208 (517) (4,655) (4,700) (9,872) (1,074) (6,733) (1,085,218) (1,093,025) (133) (367) (500) (30,759) (254) (22,825) (3,838) (67,011) (124,687) 499,557 3,922 366,397 54,949 89 924,914 100,186 1,391 291,643 57,145 450,365 7 13,977 896 30,855 2,090 47,818 (369) (3,741) (4,116) (8,226) (790) (4,775) (5,565) (125) (356) (481) (6,395) (102) (18,080) (3,249) (27,826) 107,768 1,816 299,762 46,739 456,085 391,789 2,106 66,635 8,210 89 468,829 420,025 3,302 100,819 8,777 1,139,502 1,672,425
96 2015 12 31 17. 2014 534,176 3,710 391,437 70,196 753,387 1,752,906 991 6,397 1,963 388,096 397,447 (12,083) (857) (5,979) (18,919) 1,126 1,126 (4,304) (1,118) (5,422) (1,882) (8) (1,337) (258) (863) (4,348) 520,211 4,693 392,462 65,922 1,139,502 2,122,790 88,050 678 260,988 59,606 409,322 7 14,199 712 32,340 3,217 50,468 (1,817) (787) (5,464) (8,068) 632 632 (771) (771) (246) 1 (759) (214) (1,218) 100,186 1,391 291,643 57,145 450,365 420,025 3,302 100,819 8,777 1,139,502 1,672,425 446,126 3,032 130,449 10,590 753,387 1,343,584 42,554201443,607 812014198 5,18320146,663 2015 12 31434,02120141,668,422 329,540 39
97 2015 12 31 18. 2015 2014 6,709,310 5,214,575 19 37,817 19 (4,403) 469,401 (73,127) 6 (71,315) 993,326 (18,218) 5,358 40 (431,480) (385,062) (11,167) 5,725,705 6,709,310 2015 12 31 812.22 2 15 7 29.57 1 15 10515.22 2 3 2015 12 31 1 2 3 5,447,090 5,447,090 278,615 278,615 5,725,705 5,725,705
98 2015 12 31 18. 2014 12 31 1 2 3 6,417,788 6,417,788 291,522 291,522 6,709,310 6,709,310 20151 2 3 3 2014 1 1 4,923,542 291,033 5,214,575 19 37,817 37,817 469,401 469,401 6 991,847 1,479 993,326 5,358 5,358 (10,177) (990) (11,167) 2014 12 312015 1 1 6,417,788 291,522 6,709,310 (73,127) (73,127) 19 (4,403) (4,403) 6 (75,591) 4,276 (71,315) (18,218) (18,218) 40 (431,480) (431,480) (367,879) (17,183) (385,062) 2015 12 31 5,447,090 278,615 5,725,705 2015 12 31
99 2015 12 31 18. 2015 2014 6%-6.5% 6%-6.5% 5%-6% 5%-6% 5%-5.5% 5%-5.5% 2015 12 3157201464.88 32 2014 5 1.75 2015 2014 5 118,875 115,685 (22,944) (25,567) 6 (71,315) 993,326
100 2015 12 31 19. 2015 2014 12,326,217 11,438,390 47,567 1,263,119 18 4,403 18 (37,817) (426,968) (202,150) (359,227) (97,603) (1,215,575) (4,377) (4,477) 7 (711,461) (9,296) (4,272,573) (3,297) (639,377) (20,652) 4,748,629 12,326,217 2015 2014 50,842 133,023 4,697,787 12,193,194 4,748,629 12,326,217 2015 2014 1 1 37,911 28,672 711,461 9,296 (30,066) (57) 12 31 719,306 37,911 2015 12 3124.75201477.11 323,064 39
101 2015 12 31 20. 2015 2014 723,611 726,100 14,729 (5,978) (14,668) (42,193) (2,550) 675,440 723,611 154,282 74,792 6 321,308 79,398 (5,978) (21,542) 92 448,070 154,282 227,370 569,329 569,329 651,308 1 4 561 10% 201410%) 10% 201410%) 10% 201410%)9.5% 2014 26.6%) 12.2% 201411.3%) 65.9% 201432.4%) 15.1220.29.98 27.9918.468.91
102 2015 12 31 20. 2015 2014 (a) 377,957 401,385 90,554 96,167 172,301 182,981 (b) 6,230 34,628 36,848 675,440 723,611 (a) 2015 12 31 2015 12 312.59 3.212014 5,800 7,300 23 (b) 2015 41(b)490 600 20142015
103 2015 12 31 21. 2015 12 31 1998 10 1 100% 52 50,000 1993 5 28 98% 3,457,729 3,457,729 1995 9 1 100% 42,200,000 42,200,000 1998 9 29 98.75% 19,600,000 19,600,000 1999 8 4 98.96% 20,000,000 20,000,000 2000 8 11 50.36% 10,000,000 10,000,000 2001 9 29 52% 100 50,000 2002 4 16 51.48% 20,000,000 20,000,000 2002 6 14 98% 10,000,000 10,000,000 2007 10 18 99% 370,000,000 370,000,000 2002 8 12 95.79% 54,962,000 54,962,000 2002 10 28 100% 700,000,000 700,000,000
104 2015 12 31 21. 2002 12 9 55.42% 200,000,000 200,000,000 2007 10 30 100% 31,936,200 31,936,200 (**) 2003 1 29 100% 450,000,000 450,000,000 2008 10 16 98.75% 10,000,000 10,000,000 2000 12 4 97.5% 750,000,000 750,000,000 (**) 2008 6 25 79% 220,000,000 220,000,000 2007 7 13 98.95% 31,250,000 31,250,000 2008 10 20 100% 300,000 300,000 2009 7 21 98.75% 330,000,000 330,000,000 1995 9 14 98.75% 3,000,000 3,000,000 1996 12 27 98.75% 15,000,000 15,000,000 2002 5 16 50.36% 605,500,000 605,500,000 2008 7 11 98.75% 85,000,000 85,000,000
105 2015 12 31 21. 2007 1 27 98.75% 20,000,000 20,000,000 2007 9 26 98.75% 49,900,000 49,900,000 2011 3 14 98.96% 30,000,000 30,000,000 2005 6 23 100% 5,000,000 5,000,000 (*) 2012 11 26 98.96% 5,000,000 5,000,000 2013 7 19 50.36% 30,000,000 30,000,000 2014 1 21 98.96% 140,000,000 790,000,000 (*) (**) 201540
106 2015 12 31 22. 2015 2014 55,069 57,512 55,069 57,512 2015 12 31 1997 5 6 26% 50,000,000 50,000,000 2000 10 24 19.80%* 100,000,000 100,000,000 * 20%
107 2015 12 31 22. (1) 2015 2014 164,882 167,050 52,397 55,161 (45,656) (41,399) 171,623 180,812 120,986 128,394 1,420 1,125 1,420 1,125 3,111 (2) 2015 2014 45,457 41,481 30,289 35,836 (5,033) (4,850) 70,713 72,467 350 4,634 2,730 4,647 2,730 4,647
108 2015 12 31 23. 2015 2014 2,706,901 5,888,666 1,491,854 2,013,990 152,463 353,003 779,730 984,606 93,118 61,651 34,269 5,192,599 9,367,652 2015 2014 2,674,206 4,183,162 2,518,393 5,184,490 5,192,599 9,367,652 2015 2014 1 1 231,272 147,035 7 670,017 84,367 (39,730) (130) 12 31 861,559 231,272 2015 20152014 2015 12 312014 12 31 32
109 2015 12 31 24. 2015 2014 (a) 5,968 6,338 (a) (5,968) 6,338 117,876 67,448 (b) 638,283 1,313,159 (c) 1,862,020 1,977,437 12,402 14,575 2,630,581 3,372,619 (7,460) 2,623,121 3,372,619 (a) 2013 12 12100% 8 10.18500 600 2015 (b) 2015 12 312,600201470,100 57,100201460,7004,100 2014500 (c) 2015 12 3115.6 18.62201415.6 19.77 25. 2015 2014 (a) 161,263 183,427 15,294 2,535 (b) 50,072 12,676 16,065 62,460 127,536 130,692 370,230 391,790 (9,252) (2,672) 360,978 389,118
110 2015 12 31 25. (a) 2007 8 17 16 70% 16 2007 11 15 30% 2009 6 30 2009 12 30 162009 12 4 2012 12 312013 2015 12 31 1.35 1.6120141.45 1.83 2015 6 9 (b) 2015 12 3141(b)4,200 5,000
111 2015 12 31 26. 2015 2014 79,192 57,498 (9,552) (10,142) 69,640 47,356 645 2015 2014 6 48,548 37,164 61 3,202 1,632 12 19,108 1,019 2 8,334 17,683 79,192 57,498 6 6 2015 2014 51,632 41,343 30 540 280 3060 6090 551 120 17,468 5,182 69,640 47,356
112 2015 12 31 26. 2015 2014 10,142 10,177 (590) (35) 9,552 10,142 2015 2014 27. 2015 2014 1,574 2,623 1, 086,183 569,556 3 620,000 1,707,757 572,179 (a) 1,336,297 1,501,711 (b) 1,930 2,044 (c) 3,776 33,063 3,049,760 2,108,997 (a) 2015 12 3113.36201415.02 32 (b) (c) 40020143,300 2015 2014 1,494,222 36,755 6,178 16,032 1 1 9,545 1,549,359 2,046,664 3,049,760 2,108,997
113 2015 12 31 27. 28. 2015 2014 255,908 2015 12 31 20% 29. 2015 2014 14,323 17,746 11,638 16,479 25,961 34,225 (25,961) 34,225 20141,200 1,432 975 1,1642015 12 31
114 2015 12 31 30. 2015 2014 20,564,713 20145,664,713 7,488,108 6,000,738 2014 1 12014 12 31 2015 1 1 5,664,713 566,471 5,434,267 6,000,738 a 14,900,000 1,490,000 1,490,000 a (2,630) (2,630) 2015 12 31 20,564,713 2,056,471 5,431,637 7,488,108 (a) 2015 12 4 0.10149 14.9 31. 10% 50%
115 2015 12 31 32. 2015 2014 275,651 602,472 2,279,780 938,040 64,332 330,295 2,547,984 2,339,345 3,254,446 3,019,017 8,422,193 7,229,169 2,287,834 10,295,570 1,876,030 208,717 193,403 2,496,551 12,365,003 2015 2014 1 5,802,430 5,358,362 1 2 374,449 3,220,608 2 3 193,825 2,360,110 35 1,106,199 5,794,768 5 822,078 989,517 8,298,981 17,723,365 (5,802,430) (5,358,362) 2,496,551 12,365,003 2015 12 312.7620146.02 2,100
116 2015 12 31 32. 2015 12 3113.2520149.55 20149.38 2015 12 3148.362014126.35 1.620142.2 2015 12 3132.54201448.95 16.9201418.385.372014 6.34 2015 12 3113.36201415.022724.75 201477.111957201464.8818 21.86201468.224.342014 16.6817,21.41201431.81700 2014800103.5120142014
117 2015 12 31 32. 2015 2014 6.28% 6.60% 11.77% 10.76% 2.19% 1.58% 6.39% 2.81% 1.37% 7.12% 7.85% 12.35% 8.16% 12.17% 2015 2014 988,798 1,033,472 573,557 573,971 9,356,389 17,986,729 10,918,744 19,594,172 2015 2014 1 135,032 31,690 1 616,290 135,032 647,980
118 2015 12 31 33. 2015 2014 1,760,520 1,433,499 (34,341) (40,086) 41 (8,528) 12 (247,277) 330,461 (92,918) (3,440) 1,337,370 1,760,520 2014 1 1 155,613 300,968 53,743 510,324 (130,923) 17,182 (113,741) (1,113) (184) (954) (2,251) 2014 12 31 23,577 300,784 69,971 394,332 60,470 (68,572) (8,102) 40 (53,248) (53,248) (3,743) (17,556) (1,399) (22,698) 2015 12 31 27,056 283,228 310,284
119 2015 12 31 33. 2014 1 1 724,548 603,087 402,532 213,656 1,943,823 249,149 (11,530) (8,093) (12,806) 216,720 (1,382) (2,108) (1,413) (788) (5,691) 2014 12 31 972,315 589,449 393,026 200,062 2,154,852 (26,488) (217,944) (31,234) 20,287 (255,379) (34,341) (34,341) 40 (6,272) (10,220) (23,798) (53,044) (93,334) 41 (8,528) (8,528) (55,830) (25,596) (21,717) (12,473) (115,616) 2015 12 31 883,725 327,161 316,277 120,491 1,647,654 2015 12 312,7002014 2,400 2015 2014 2,135,273 1,309,413 1 5 2011 8.6 20149.4
120 2015 12 31 34. 2015 2014 2,361,360 1,542,255 5% 35. 2015 2014 1 243,293 1,426,815 12 177,324 371,478 2 393,851 337,344 814,468 2,135,637 36. 2015 2014 140,582 50,676 51,263 44,464 1,193 38,531 42,270 315,889 335,469 65,413 56,779 9,655 9,324 65,391 46,649 12,175 12,929 20,291 21,803 23,872 25,352 124,087 89,282 74,621 956,431 721,529 12
121 2015 12 31 37. 2015 2014 (2,698,202) 567,875 47,818 50,468 266 41,861 (43,079) (991) (1,431) 71,315 (993,326) 670,017 84,367 711,461 9,296 7,010 13,975 27,019 321,308 79,398 (235,644) (1,662) (40) (38,189) (99,204) 480,210 456,753 (581,072) 109,721 29,401 7,136 763,883 (969,993) (1,054,420) (880,418) (720) (19,625) (219,498) (2,218,161) (252,741) 46,245 (26,740) (10,890) (666,173) 250,059 1,688,825 331,781 4,764,234 367,741 4,444,979 (2,986,404)
122 2015 12 31 38. (a) 115 2015 12 31 2015 2014 86,428 107,024 256,588 317,412 73,823 434,962 416,839 859,398 20156,66020149,330 (b) 15 2015 12 31 2015 2014 13,477 4,161 25,594 2,089 39,071 6,250
123 2015 12 31 39. (a) 2015 2014 371,692 3,753,672 27,697 27,697 399,389 3,781,369 (b) 1.852.34 20141.111.402015 12 31 70%
124 2015 12 31 39. (c) 2015 9 2420112014 2011 5 252014 12 19 2015 9 11 2015 8 3123.8329.07 2013 10 10 5,347,921,0712014 2014 2015 12 3123.4728.022014 12 3126.01 32.982015 12 430 2015 11 3
125 2015 12 31 40. (a) 2015 11 26547,872,000668,403,840 60% 60% 40%2015 12 312016 12015 2015 12 31 658,580 5,380 4,531,517 294,852 3,845,161 1,505 33 53,248 18 431,480 9,821,723 (140,292) (28,011) (201,815) (3,665,042) (3,580,807) 33 (93,334) (7,709,301) * 2,112,422 * 1,001,934 2015 12 31100% 20152015 12 312015 12 31 35.82016 160% 2015 12 3151%
126 2015 12 31 40. (b) 2015 2 980% 176,000,000 210,074,003244,959,000292,383,000 2015 12 31 2016 12015 2015 12 31 776 11,123 95,766 4,109 47,112 354,082 1,085,955 73,330 1,672,253 (402,777) (207,787) (15,140) (3,550) (57,267) (434,471) (1,120,992) * 551,261 * 292,383
127 2015 12 31 41. (a) 2015 9 21100% 100% 2015 9 21 5 224 221,080 929,059 (1,054,041) 317 96,644 6 188,166 284,810 2015 284,810 (5) 284,805
128 2015 12 31 41. (b) 2015 9 2255% 2015 9 22 19 13,431 2,966 590,988 214,604 t 286,516 (462) (212,896) (1,304) (844,442) 33 (8,528) (37,348) 3,544 6 47,478 (950) 50,072 625 2015 (2,966) (2,966)
129 2015 12 31 42. i) 2015 2014 294 313 133 141 ii) 2015 2014 597 634 iii) 1.620142.2 2015 12 3122.48201432.04 iv) 2015 2014 * 18,136 23,085 * 201599.2 v) 2015 2014 1,324,930 201511.113.25
130 2015 12 31 42. v) a) 5.66.68 2015 93 12%2015 12 16128% b) 5.56.572015 123 8% 43. 2015 2014 13,726 12,676 255,908 360,978 406,864 69,640 47,356 645 3,049,760 2,108,997 3,750,657 2,575,893 10,918,744 19,594,172 814,468 2,135,637 829,787 666,627 12,562,999 22,396,436
131 2015 12 31 44. 2.4 2015 2014 45. 2.4 30
132 2015 12 31 45. 2015 2014 + 50 (46,787) (89,934) - 50 46,787 89,934 + 50 (4,944) (5,167) - 50 4,944 5,167 + 50 (2,868) (2,870) - 50 2,868 2,870 2015 2014 + 5% (28,369) (27,897) - 5% 28,369 27,897 + 5% 25,272 (49,836) - 5% (25,272) 49,836
133 2015 12 31 45. 39 2015 12 3125 2015 2014 13,726 12,676 255,908 360,978 406,864 69,640 47,356 645 3,048,186 2,106,374 3,749,083 2,573,270 12 2015 3 3 12 1 5 5 1,572,438 9,702,745 2,975,955 856,329 15,107,467 163,681 11,376 277,264 362,147 814,468 176,914 20,415 192,608 413,144 26,706 829,787 340,595 1,604,229 10,172,617 3,751,246 883,035 16,751,722
134 2015 12 31 45. 2014 3 3 12 1 5 5 34,820 535,369 8,154,578 13,749,965 1,073,688 23,548,420 248,357 8,666 1,492,514 386,100 2,135,637 30,002 23,411 133,922 454,002 25,290 666,627 313,179 567,446 9,781,014 14,590,067 1,098,978 26,350,684 2015 2014 2015 2014 32 10,918,744 19,594,172 27 (3,049,760) (2,108,997) 7,868,984 17,485,175 7,642,500 9,036,731 397,161 566,804 8,039,661 9,603,535 15,908,645 27,088,710 49% 65%
135 2015 12 31 46. 2015 2014 414 445 3,331,826 5,110,023 1,136,440 1,305,438 4,468,680 6,415,906 2,329,516 2,473,852 43,464 7,487 1,496,663 58,486 3,869,643 2,539,825 8,338,323 8,955,731 7,488,108 6,000,738 (720,544) 1,346,091 6,767,564 7,346,829 208,721 373,395 1,353,671 1,234,048 8,367 1,459 1,362,038 1,235,507 1,570,759 1,608,902 8,338,323 8,955,731 2,507,605 1,304,318 6,976,285 7,720,224
136 2015 12 31 46. 2015 1 1 1,228,280 (64,874) 182,685 1,346,091 (452,425) (1,614,210) (2,066,635) 2015 12 31 775,855 (1,679,084) 182,685 (720,544) 2014 1 1 1,254,059 2,810 4,900 179,875 1,441,644 (25,779) (69,774) (95,553) 4 (2,810) 2,810 2014 12 31 1,228,280 (64,874) 182,685 1,346,091 47. 2016 3 18, 643,104,000767,601,000 56%35% 2015 12 31 48. 49. 2016 3 31