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CGN MEIYA POWER HOLDINGS CO., LTD. 中國廣核美亞電力控股有限公司 ( 於百慕達註冊成立的有限公司 ) ( 股份代號 :1811) (1) 2 (3) 1 44 45 46 4767 2015 8 10 57-73 255 257 http://www.hkexnews.hkhttp://www.cgnmeiyapower.com 48 183 22 2015 7 22

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2014 9 15 2015 3 31 ii

1811 2. (A) 6 iii

2015 6 17 6 iv

2015 7 15 v

2014 9 19 571 0.0001 vi

(1) 100% (2) 100% (3) 100% (4) 100% (5) 100% (6) 100% (1) (2) (3) (4) (5) (6) vii

viii

(1) 100% (2) 100% (3) 100% (4) 100% (5) 100% (6) 100% (7) 100% (8) 100% (9) 100% (10) 100% (11) 100% (12) 100% (13) 30% (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) ix

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CGN MEIYA POWER HOLDINGS CO., LTD. 中國廣核美亞電力控股有限公司 ( 於百慕達註冊成立的有限公司 ) ( 股份代號 :1811) () () 立達註冊 Victoria Place 31 Victoria Street Hamilton HM10, Bermuda 的 25 15 1 2 公司 2015 6 17 有的公公公司有的 1

2015 7 7 (i) (ii) (iii) (iv) (v)(vi) (vii) (viii) 1. 2015 6 17 2. (A) 2015 6 17 (i) (ii) 2

3,965.5 640.2 3,049.2 492.3916.3 147.9 (i) 30% 914.8 147.7 30% 274.9 44.4 30% (ii) 70% 2,134.4 344.6 70% 641.4 103.5 70% 1.000.16146 3

30% 70% 7.5 14A.90 14A (i) (ii) (iii) (iv) (v) (vi) (vi) 4

(iii) (v) (i) (ii) 60 5

(B) 6

100% 4,044.7 653.1 18100% 30%3,965.5 640.2 51% (i) (ii) (iii) 1.000.16146 7

14.61 (i) (ii) (iii) (iv) (v) (vi) (vii) (i) (ii) (iii) 8

(iv) (v) (vi) (vii) (viii) (ix) (x) (xi) 14.6214A.68(7) 9

3. 2015 5 20 2010 5 21 2009 8 27 5. 10

11 100% 100% 30% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 30% 100% 100% 100% 100% 100% 100% 72.29% 100% 100% MPC New Energy Investments (HK) Company Limited 100% 100%

12 100% 100% 100% 30% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 30% 100% 100% 100% 100% 100% 72.29% 100% 100% 100% MPC New Energy Investments (HK) Company Limited 100% 100%

4. 3.0 5.0 2015 4,269.5 5,041.6 502007 1986 7 19902015 6 13

2011 8 2005 122011 8 2004 112005 12 2004 611 2003 72004 6 1995 52003 7 1990 21995 5 1986 71990 2 14

422005 8 1997 7 20072015 6 2007 4 2006 72007 4 1997 72006 7 15

5. (A) 19 16

(1) (8) (%) 2015 1. 100% 2013 2 30.0 30.0 0.62 (4) 100% 2014 3 45.0 45.0 0.62 (4) 2. 100% 2015 1 48.0 48.0 0.61 3. 100% 2010 3 49.3 49.3 0.68 (4)(5) 4. 100% 2010 9 20.4 20.4 0.68 (4)(5) 5. 100% 2011 2 38.3 38.3 0.68 (4)(5) 6. 100% 2014 2 48.0 48.0 0.68 (4)(5) 7. 100% 2012 6 49.5 49.5 0.68 (4)(5) 8. 100% 2014 2 49.5 49.5 0.67 (5)(6) 9. 100% 2012 3 49.5 49.5 0.60 ( 4) 100% 2013 11 49.5 49.5 0.60 (4) 10. 100% 2015 4 400.0 400.0 0.58 11. 100% 2014 3 47.5 47.5 0.54 (6) 12. 100% 100% 2014 6 2015 4 47.5 199.5 47.5 199.5 0.54 (6) 0.54 13. (2) 60% 2011 1 49.5 29.7 0.54 123.0 123.0 255.0 255.0 843.0 823.2 1,221.0 1,201.2 1. (3) (7) 100% 2014 8 9.4 9.4 1.50 2. 100% 2012 9 9.0 9.0 1.15 100% 2012 9 9.0 9.0 1.00 3. 100% 2012 9 9.0 9.0 1.00 4. (3) (7) 100% 2013 6 9.9 9.9 0.70 (7) 100% 2015 3 4.5 4.5 1.17 5. 100% 2010 12 10.0 10.0 1.16 (4) 100% 2011 10 30.0 30.0 1.16 (4) 100% 2011 10 60.0 60.0 1.16 (4) 6. 100% 2013 4 30.0 30.0 1.01 (4) 9.4 9.4 27.0 27.0 14.4 14.4 130.0 130.0 180.8 180.8 17

1. 2. 30% 30% 40%100% 30% 60% 3. 1.254 2015 8 0.5775 2.0 5.5 4. 0.02 0.01 5. 2010 0.06 2015 6. 0.01 7. 8. 18

3 31 12 31 2012 2013 2014 2015 27.5 67.5 123.0 % 97.8% 99.9% 99.7% 56.2 125.2 66.2 2,042.2 1,854.7 538.1 2012 3 31 12 31 2012 2013 2014 2015 136.8 157.5 246.8 255.0 % 99.4% 97.3% 99.7% 99.7% 254.4 353.0 535.3 138.1 1,859.0 2,242.2 2,168.9 541.5 19

3 31 12 31 2012 2013 2014 2015 90.8 107.3 215.8 243.5 % 99.7% 98.7% 97.8% 99.1% 194.2 228.4 411.7 96.8 2,140.3 2,129.6 1,907.9 397.7 3 31 12 31 2012 2013 2014 2015 109.0 156.2 170.8 176.7 189.9 260.3 282.4 64.8 1,742.2 1,666.3 1,653.2 366.6 8,294.0 8,129.2 6,471.2 13,635.5 20

(B) (1) 2011 7 11 2013 12 232015 5 29 2013 12 23 2033 12 22 (2) 2013 12 19 2015 5 18 2015 5 18 2035 5 17 (3) 2008 12 10 2010 5 4 2010 5 4 2030 5 3 21

(4) 2009 11 23 2010 9 8 2010 9 8 2030 9 7 (5) 2009 12 29 2011 9 13 2011 9 13 2031 9 12 (6) 2013 6 28 2014 9 9 2014 9 9 2034 9 8 (7) 2011 4 2 22

2012 12 4 2012 12 4 2032 12 3 (8) 2013 8 13 2014 9 9 2014 9 9 2034 9 8 (9) 2011 3 4 2012 2 21 2012 2 21 2032 2 20 (10) 2013 10 24 2015 4 16 2015 4 16 2035 4 15 23

(11) 2011 11 18 2014 9 19 2014 9 19 2034 9 18 (12) 2013 11 15 2015 4 15 2015 4 15 2035 4 14 (13) 2009 3 6 2009 11 26 2009 11 26 2029 11 25 24

(4) 2011 8 17 (5) 2010 1 15 2012 2 28 2012 2 28 2032 2 27 (6) 2012 8 29 2013 11 28 2013 11 28 2033 11 27 26

(D) 2015 9 24 3 27

2015 9 6. 3 31 12 31 2012 2013 2014 2014 2015 419,482 595,720 820,344 194,925 224,200 149,188 194,451 265,505 55,311 74,854 232,599 342,536 489,073 125,786 132,544 112,135 241,266 302,885 78,738 71,980 103,824 221,981 294,043 76,248 71,438 8,311 19,285 8,842 2,490 542 28

12 31 3 31 2012 2013 2014 2015 151.2 182.2 323.0 295.1 5,545.1 7,514.9 11,165.6 11,758.0 3,804.0 4,342.5 8,258.4 8,780.9 1,741.1 3,172.4 2,907.2 2,977.1 1,619.1 3,031.1 2,864.0 2,934.5 201220132014 12 31 2015 3 31 2012 12 31 186.0 233.5 419.5 70.7 79.8 150.5 104.4 128.2 232.6 2013 12 31 247.2 348.5 595.7 92.1 103.9 196.0 131.1 211.4 342.5 29

2014 12 31 265.8 554.5 820.3 98.4 169.4 267.8 144.4 344.7 489.1 2015 3 31 70.2 154.0 224.2 25.2 50.4 75.6 40.7 91.8 132.5 7. 2014 12 312,486,934,000 4,299,053,000 2014 12 311,670,844,000 3,478,426,000 30

2014 12 31 816,090,000 820,627,000 2014 12 31 217,712,000 2014 12 31 302,885,000 2015 5 31 1,867.0 415.2 1,205.5 21.4 81.7 140.0 3.2 1,867 31

2015 5 31 29.7 7.4 179.5 0.1 8.3 225.0 2013 8 2018 350.04.0% 59642015 5 31 352.7 350 2015 5 31 1,355.4. 2015 5 31 32

8. 3.66GW 5.04GW 52%65% 60% 33

9. 34

(i) (ii) (iii) (iv) (v) 2005 2011 7 24 35

2009 2009 7 202009 8 1 2014 12 31 IIIIII 0.02 0.49 0.52 0.56IV 0.61 2015 1 1 2015 1 1 2016 1 1 36

5. (D) 37

25% 50 202015% 38

10. 25%100% 14 14A 11. A.4.283(2) 2015 7 7 41

48 2010 2013 20072010 Sonny Astani Mork Family Gordon S. Marshall20042007 Mewbourne 19962004Los Alamos 1988 7 1992 121993 121995 2 XV 2015 7 7 400,000 13.51(2) (h) 13.51(2)(v) 42

12. 3,101,800,000 72.29% 43

13. 45 46 47 67 14. 2015 7 22 44

CGN MEIYA POWER HOLDINGS CO., LTD. 中國廣核美亞電力控股有限公司 ( 於百慕達註冊成立的有限公司 ) ( 股份代號 :1811) 公司 2015 7 22 的 () 有立成的的立公立公司立的立立 1 44 的有 () 的的的 47 67 的有有的的達成的的的立於的的立公立公司的 45

2015 7 22 46

71 19 2015 7 22 2015 6 17 3,966 47

1816) 2015 4 10 (i) (ii) (iii) (iv) 48

1. a) 2014 12 31 3,660 21%2014 12 31 52% 48% 2014 12 31 23% 77%2014 10 3 2014 12 312014 12 31 2013 2014 1,055 1,380 (743) (997) (71) (95) (46) (60) (78) (78) 49

12 31 2013 2014 117 150 (52) (63) 29 43 56 21 96 (33) 10 117 257 (48) (39) 69 218 56 202 2013 12 31 1,0552014 12 31 1,380 31% 2013 2014 12 31 11%2013 12 31 11% 2014 12 31 19% 2014 12 31 96 50

2014 2014 12 31 1,699 787 2,486 445 1,225 1,670 709 107 816 2014 12 31 (i)1,699 1,483 (ii) 787 439158 (iii) 445198(iv)1,225 838 51

b) 1164 2014 2015 12 31 3 31 1. 75 2013 2 (1) 27 146 100% 2. 48 2015 1 88 100% 3. 49 2010 3 24 206 100% 4. 20 2010 9 7 76 100% 5. 38 2011 2 8 83 100% 6. 48 2014 2 41 88 100% 7. 50 2012 6 28 103 100% 8. 50 2014 2 34 99 100% 9. 99 (3) 2012 3 (4) 36 178 100% 10. 400 2015 4 550 100% 11. 95 2014 3 (5) 38 170 100% 12. 200 2015 4 287 100% 13. 50 2011 1 12 106 60% (2) 1. 30 2013 2 45 2014 3 2. 30% 30% 3. 52

4. 49.5 2012 3 49.5 2013 11 5. 47.5 2014 3 47.5 2014 6 2014 12 31 2015 3 31 1. 18 2012 9 (2) 99 100% 2. 9 2012 9 1 38 100% 3. 14 2013 6 (1) 6 32 100% 4. 9 2014 8 (2) 3 32 100% 5. 100 2010 12 (3) 38 519 100% 6. 30 2013 4 18 107 100% 1. 9.91 2013 64.48 2015 3 2 5.5 2. 9.3689 2014 81.254 2015 8 0.5775 3. 10 2010 1290 2011 10 2014 12 31 53

12 31 3 31 2013 2014 2014 2015 596 820 195 224 (194) (266) (55) (75) (15) (33) (12) (11) (44) (32) (2) (5) 343 489 126 133 42 37 1 2 (136) (214) (46) (59) 249 312 81 76 (8) (9) (2) (4) 241 303 79 72 222 294 76 71 2013 12 31596 2014 12 3182038% 2013 2014 12 3158% 60% 2013 12 31 42%2014 12 31 38% 2013 12 31 136 2014 12 31214 54

2015 3 31 224 15% 2014 3 3165% 2015 3 3159%2014 3 31 55 2015 3 31 75 2014 3 3142%2015 3 31 34% 2015 3 31 8,756 3,002 11,758 3,665 5,116 8,781 2,935 42 2,977 55

2014 12 31 (i) 8,756 8,631(ii)3,002 1,400 1,217 (iii)3,665 1,456 1,385 595 (iv) 5,116 4,886 c) 2007 8 (i) (ii) (iii) 56

CEC 2014 12 31 4,173 1,066 156 126 23 5,546 75.2% 19.2% 2.8% 2.3% 0.4% 100.0% -1% +20% +12% +13% +171% +4% CEC CEC 2.8% 0.4% 2014 12 31 12% 171% 2015 BP 2035 BP BP (i) 2015 12 313,068 2035 12 314,562 2%(ii) 15% 23% 2035 57

2014 2014GWEC GWEC (i) 2014 12 31 115 31% (ii) (iii)2015 126 2020 217 2030 414 20152030 8% 2014 11 (2014-2020 (i) 2014 12 3128 60%(ii)2020100 2014202024% d) 2014 1,9961,376 70% 2014 12 31 58

2015 6 17 72% 100% 100% 72% 100% 100% (i) 3.66 5.04 52%65%(ii) 60% (i) (ii) (iii) 2014 12 31(iv) (v) 59

2. (i) 3,050 (ii)916 3,966 (i) 1,19030%(ii) 2,776 70% (i)(ii) (i) (ii) (i) (ii) 60

(i) (ii) (iii)(i) (ii) 2014 1 1 (iii) (1) (2) (3) 192 2.6 1.3 7.2 105 2.2 1.2 257 5.2 1.2 10.5 63 3.1 0.8 9.2 87 2.3 1.0 10.6 231 4.8 2.6 5.7 138 2.8 1.3 5.0 148 3.0 1.5 4.3 201 1.8 (4) 1.1 5.6 944 2.4 1.7 204 2.1 1.2 5.4 444 2.2 1.5 113 (5) 2.3 1.1 9.8 5.2 2.6 10.6 2.8 1.3 7.3 2.4 1.2 6.4 1.8 0.8 4.3 61

(6) (7) (8) (9) (527 HK) 1,212 2.5 (916 HK) 70,238 1.7 22.0 (958 HK) 30,935 1.5 22.1 (987 HK) 813 0.5 56.2 (1798 HK) 9,092 0.7 2.5 56.2 1.4 33.4 1.5 22.1 0.5 22.0 (10) (11) (12) (13) (527 HK) 2014 3 18 567 2.7 1.2 41.3 (916 HK) 2014 12 29 116 1.1 27.8 (1165 HK) 2015 2 10 114 2.3 1.1 22.8 (1165 HK) 2015 2 10 122 2.5 1.2 (1165 HK) 2015 2 10 74 2.5 1.1 51.9 2.7 1.2 51.9 2.5 1.1 36.0 2.5 1.1 34.5 2.3 1.1 22.8 62

(1) (2) (3) 68 3.8 0.7 18 1.9 0.5 17.6 52 3.6 1.6 8.6 39 4.2 1.2 12.9 571 5.7 1.1 15.0 170 5.7 1.6 9.4 5.7 1.6 17.6 4.2 1.1 12.7 4.0 1.2 12.9 1.9 0.5 8.6 (10) (11) (12) (13) (295 HK) 2014 11 4 62 3.1 1.4 2014 4 7 272 8.6 1.8 (397 HK) (451 HK) 2014 12 4 229 2.6 1.0 14.1 (451 HK) 2014 12 4 90 3.0 1.4 23.2 2014 12 29 139 1.0 (579 HK) (686 HK) 2015 1 23 43 0.5 1.0 (686 HK) 2014 9 5 80 2.0 0.8 (750 HK) 2014 12 10 124 4.1 8.6 1.8 23.2 3.4 1.2 18.7 3.0 1.0 18.7 0.5 0.8 14.1 63

1. 2. 2015 3 31 3. 2014 12 31 4. 30% 5. 100% 113 30%34 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 1:001.25 64

(i) (ii) (i) (ii) (i) (ii) (iii) 65

3. I. 2014 2014 12 31 202 1,236 2014 12 31294 II. 2014 2014 12 31 709 4,339 2015 3 31 2,935 2014 12 31 2014 12 31 706 4,321 III. 2014 2014 12 31 439 2,687 2015 3 31 381 3,966 i30% ii70% 2014 12 31 2014 12 31 48 294 366 2,240(i) 66

(ii) 750 4,590 IV. (i) 2014 12 31(ii) (iii) (iv) 旻 2015 7 22 20062014571 6 67

201220132014 12 31 (www.hkexnews.hk)(www.cgnmeiyapower.com) (i) 20122013 12 31 I-1 I-115 http://www.cgnmeiyapower.com/n711796/n711820/n711867/n781170/c779103/attr/779104.pdf (ii) 2015 4 20 2014 12 31 58 164 http://www.cgnmeiyapower.com/n711796/n711820/n711867/n1005810/c1006646/attr/1006659.pdf 68

19 201220132014 12 312015 3 31 201220132014 12 31 2015 3 31 2015 7 22 2015 5 20 12 31 69

201220132014 12 312015 3 31 31/12/2012 31/12/2013 31/12/2014 31/3/2015 31/12/2012 31/12/2013 31/12/2014 31/3/2015 11/7/2011 100% 100% 100% 100% 100% 60,000 134,610 134,610 134,610 134,610 19/12/2013 100% 100% 100% 100% 12,480 79,600 79,600 79,600 10/12/2008 90% 90% 100% 100% 100% 187,900 187,900 187,900 187,900 187,900 23/11/2009 75% 75% 100% 100% 100% 71,375 71,375 71,375 71,375 71,375 70

31/12/2012 31/12/2013 31/12/2014 31/3/2015 31/12/2012 31/12/2013 31/12/2014 31/3/2015 朐 29/12/2009 75% 75% 100% 100% 100% 75,040 75,040 75,040 75,040 75,040 朐 28/6/2013 100% 100% 100% 100% 77,074 77,074 77,074 77,074 2/4/2011 100% 100% 100% 100% 100% 91,125 91,125 91,125 91,125 91,125 13/8/2013 100% 100% 100% 100% 88,546 88,546 88,546 88,546 4/3/2011 100% 100% 100% 100% 100% 162,200 162,200 162,200 162,200 162,200 24/10/2013 100% 100% 100% 100% 549,760 549,760 549,760 549,760 18/11/2011 100% 100% 100% 100% 100% 165,480 165,480 165,480 165,480 165,480 15/11/2013 100% 100% 100% 100% 287,000 287,000 287,000 287,000 6/3/2009 30% 30% 30% 30% 30% 98,100 98,100 98,100 98,100 98,100 30% 30% 30% 30% 30% 71

31/12/2012 31/12/2013 31/12/2014 31/3/2015 31/12/2012 31/12/2013 31/12/2014 31/3/2015 8/9/2011 100% 100% 100% 100% 100% 97,970 97,970 97,970 97,970 97,970 6/12/2011 100% 100% 100% 100% 100% 36,360 36,360 36,360 36,360 36,360 15/1/2010 100% 100% 100% 100% 100% 492,931 492,931 492,931 492,931 492,931 29/8/2012 100% 100% 100% 100% 100% 2,000 72,000 100,000 100,000 100,000 17/8/2011 100% 100% 100% 100% 100% 30,000 30,000 30,000 30,000 43,400 i 9/7/2013 100% 100% 100% 100% 30,500 30,500 30,500 30,500 i) B 2015 4 21 30,000,00043,400,000 72

2014 12 31 201220132014 12 31 20132014 12 31 201220132014 12 31 201220132014 12 31 201220132014 12 31 20132014 12 31 201220132014 12 31 73

20132014 12 31 201220132014 12 31 20132014 12 31 201220132014 12 31 20132014 12 31 201220132014 12 31 201220132014 12 31 201220132014 12 31 74

201220132014 12 31 201220132014 12 31 201220132014 12 31 20132014 12 31 A1 75

3.340 2015 3 31 1 201220132014 12 312015 3 31 12015 3 31 662,138,000 1 2014 3 313 2014 3 2410 2014 3 2014 3 2014 3 2014 3 76

A. 12 31 3 31 2012 2013 2014 2014 2015 7 419,482 595,720 820,344 194,925 224,200 (149,188) (194,451) (265,505) (55,311) (74,854) (1,522) (1,488) (6,668) (51) (469) (14,204) (14,901) (32,875) (11,676) (11,101) (21,969) (42,344) (26,223) (2,101) (5,232) (186,883) (253,184) (331,271) (69,139) (91,656) 232,599 342,536 489,073 125,786 132,544 8 8,200 42,649 36,903 1,112 2,150 9 (128,664) (135,895) (214,271) (45,903) (58,559) 112,135 249,290 311,705 80,995 76,135 10 (8,024) (8,820) (2,257) (4,155) 11 112,135 241,266 302,885 78,738 71,980 103,824 221,981 294,043 76,248 71,438 8,311 19,285 8,842 2,490 542 112,135 241,266 302,885 78,738 71,980 77

12 31 3 31 2012 2013 2014 2015 14 4,403,551 5,233,235 8,411,192 8,631,309 15 4,608 3,428 3,030 2,694 16 10,050 19,402 59,853 84,133 43,704 2,075 21,052 36,900 698 661 624 614 4,462,611 5,258,801 8,495,751 8,755,650 59 2,992 3,222 3,164 17 391,459 377,809 345,178 365,357 18 528,472 539,640 835,512 851,376 16 215 414 1,261 1,765 25 10,654 1,128,581 516,676 741,412 25 466 468 559,268 658,233 25 23,955 19 85,697 85,993 20 151,204 182,243 323,036 295,097 1,082,529 2,256,102 2,669,850 3,002,397 21 63,557 28,356 118,149 146,769 22 939,498 653,035 1,366,926 1,308,949 23 240,077 78,077 374,012 225,557 24 12,523 12,523 12,523 12,523 25 682 755 755 25 736 53,153 104,503 100,745 25 713,337 655,277 1,442,567 1,271,470 25 34,980 10,732 11,895 581,998 582,870 1,182 1,111 3,002 2,004,708 1,482,285 4,013,276 3,664,535 (922,179) 773,817 (1,343,426) (662,138) 3,540,432 6,032,618 7,152,325 8,093,512 78

12 31 3 31 2012 2013 2014 2015 23 1,535,346 2,610,979 4,007,025 4,885,604 24 137,954 125,431 112,907 106,646 26 126,000 123,840 125,216 124,140 1,799,300 2,860,250 4,245,148 5,116,390 1,741,132 3,172,368 2,907,177 2,977,122 27 1,446,408 2,636,378 2,786,891 2,786,891 172,729 394,710 77,074 147,640 1,619,137 3,031,088 2,863,965 2,934,531 121,995 141,280 43,212 42,591 1,741,132 3,172,368 2,907,177 2,977,122 79

2012 1 1 1,158,541 7,354 61,551 1,227,446 113,684 1,341,130 103,824 103,824 8,311 112,135 10,131 (10,131) 27 287,867 287,867 287,867 2012 12 312013 1 1 1,446,408 17,485 155,244 1,619,137 121,995 1,741,132 221,981 221,981 19,285 241,266 22,198 (22,198) 27 1,045,360 1,045,360 1,045,360 27 144,610 144,610 144,610 2013 12 312014 1 1 2,636,378 39,683 355,027 3,031,088 141,280 3,172,368 294,043 294,043 8,842 302,885 31,584 (31,584) 27 95,120 95,120 95,120 27 55,393 2,609 27,713 85,715 (85,715) (21,195) (21,195) 13 (642,001) (642,001) (642,001) 2014 12 312015 1 1 2,786,891 73,876 3,198 2,863,965 43,212 2,907,177 71,438 71,438 542 71,980 81 (81) (1,163) (1,163) 13 (872) (872) (872) 2015 3 31 2,786,891 73,957 73,683 2,934,531 42,591 2,977,122 80

2014 1 1 2,636,378 39,683 355,027 3,031,088 141,280 3,172,368 76,248 76,248 2,490 78,738 7,914 (7,914) 28,000 28,000 28,000 2014 3 31 2,664,378 47,597 423,361 3,135,336 143,770 3,279,106 50% 25% 81

12 31 3 31 2012 2013 2014 2014 2015 112,135 249,290 311,705 80,995 76,135 (6) (582) (1,370) (14) (370) (1,547) (132) (511) (943) (573) (208) (44) (178) 149,188 194,451 265,505 55,311 74,854 128,664 135,895 214,271 45,903 58,559 311 (82) 210 (6,078) (32,034) (29,874) (800) (1,076) 1,114 1,180 1,194 295 336 225 404 1,060 123 415 384,610 547,949 760,946 181,637 208,164 (262,739) 13,650 32,631 (114,394) (20,179) (137,677) (10,870) (296,170) (214,784) (15,864) (59) (2,933) (230) 1,157 58 (331) 37 37 9 10 (85,697) (296) 52,131 (35,201) 89,793 251,481 28,620 734 (1,103) 6,219 79,125 1,066 36,669 511,529 507,529 184,231 201,579 (6,842) (8,891) (1,228) (2,264) 36,669 504,687 498,638 183,003 199,315 287,867 1,189,970 95,120 28,000 683 2,737 392 57 (942,420) (1,257,571) (2,726,029) (486,113) (349,584) (4,364) (796) 111,964 (1,117,927) 635,860 451,260 (224,736) 1,360 (374) (558,885) 285 (98,965) 32 (23,955) (6,604) (2,833) (9,955) (42,358) (30,966) (25,199) 492 1,229 3,508 111 1,059 (547,251) (1,215,846) (2,593,188) (44,027) (697,368) 82

12 31 3 31 2012 2013 2014 2014 2015 (146,070) (148,845) (243,611) (59,439) (78,894) (60,003) (3,533) (10,463) 1,107,000 1,218,000 1,870,538 332,871 896,399 (49,077) (304,367) (178,557) (39) (166,275) 682 73 (617,637) (58,060) 787,290 (332,757) (171,097) (8,042) (869) 52,417 51,350 8,851 (3,758) (12,523) (12,523) (12,524) (6,262) (6,261) 34,980 (34,980) 6,078 29,874 31,250 310,307 742,198 2,235,343 (56,775) 470,114 (200,275) 31,039 140,793 82,201 (27,939) 351,479 151,204 182,243 182,243 323,036 151,204 182,243 323,036 264,444 295,097 83

B. 1. 2012 1 1201220132014 12 31 2015 3 31 2015 3 31 662,138,000 i ii 12 1,271,275,000 84

2. 2015 1 1 ( 622 ) 9 9 (2014) 3 15 2 2012 2014 1 1 1 16 1 38 16 1 41 27 1 10 28 1 10 1 12 28 11 1 1 2016 1 1 2 2017 1 1 3 2018 1 1 85

9 (2014) 2009 9 2010 9 2013 9 2014 9 9 9 9 (2014) 39 9 (2014) 86

9 (2014) 39 39 9 (2014) 9 (2014) 9 (2014) 39 39 39 9 (2014)2018 1 1 87

9 (2014) 9 (2014) 15 15 15 1 2 3 4 5 15 15 18 11 15 2017 1 1 15 15 88

16 38 16 16 38 (i) (ii) 16 382016 1 1 16 38 1 (i) (ii) 89

(i) (ii) 2016 1 1 1 3. 90

(a) (b) 91

(g) 93

(h) 96

(i) 97

(j) (k) (l) 98

(m) (n) (o) 99

(p) 100

4. 3 1 2015 3 31 662,138,000 6b 14 101

14 16 102

201220132014 12 312015 3 31 10,265,000 19,816,000 61,114,000 85,898,000 4,403,551,000 5,233,235,000 8,411,192,000 8,631,309,000 201220132014 12 31 2015 3 31 201220132014 12 312015 3 31 391,459,000 377,809,000 345,178,000 365,357,000 30,505,000 30,964,000 902,000 23,107,000 201220132014 12 312015 3 31 103

5. 23 24 6. (a) 12 31 3 31 2012 2013 2014 2015 584,288 1,744,020 1,830,757 2,169,199 3,678,008 4,217,513 8,132,097 8,653,783 104

(b) (ii) 23 24 25 25 105

100 200 100 2014 3 31 12 31 3 31 2012 2013 2014 2014 2015 1,512 1,764 5,888 2,692 6,126 200 2014 3 31 12 31 3 31 2012 2013 2014 2014 2015 (53,484) (64,388) (90,792) (64,545) (101,407) 106

201220132014 12 312015 3 31 100% 100% 100% 100% 201220132014 12 312015 3 31 100% 100% 99% 99% 201220132014 12 312015 3 31 51% 57% 59% 57% 201220132014 12 312015 3 31 91% 95% 96% 92% 201220132014 12 312015 3 31 107

20122014 12 312015 3 31 922,179,000 1,343,426,000 662,138,000 1 1 2 1 2 5 5 2012 12 31 63,557 63,557 63,557 939,498 939,498 939,498 736 736 736 35,169 35,169 34,980 745,722 745,722 713,337 13,499 13,499 40,497 94,706 162,201 150,477 256,539 52,377 199,887 1,388,972 1,897,775 1,775,423 2,054,720 65,876 240,384 1,483,678 3,844,658 3,678,008 108

1 2 1 2 5 5 2013 12 31 28,356 28,356 28,356 653,035 653,035 653,035 682 682 682 53,153 53,153 53,153 667,596 667,596 655,277 13,394 13,394 40,183 80,578 147,549 137,954 126,224 121,966 387,190 2,227,585 2,862,965 2,689,056 1,542,440 135,360 427,373 2,308,163 4,413,336 4,217,513 2014 12 31 118,149 118,149 118,149 1,366,926 1,366,926 1,366,926 755 755 755 104,503 104,503 104,503 1,453,386 1,453,386 1,442,567 10,732 10,732 10,732 581,998 581,998 581,998 13,296 13,296 39,887 66,690 133,169 125,430 421,371 828,689 1,187,960 2,208,271 4,646,291 4,381,037 4,071,116 841,985 1,227,847 2,274,961 8,415,909 8,132,097 109

1 2 1 2 5 5 2015 12 31 146,769 146,769 146,769 1,308,949 1,308,949 1,308,949 755 755 755 100,745 100,745 100,745 1,272,869 1,272,869 1,271,470 11,895 11,895 11,895 582,870 582,870 582,870 13,273 13,273 39,819 59,940 126,305 119,169 401,041 206,299 709,064 4,105,382 5,421,786 5,111,161 3,839,166 219,572 748,883 4,165,322 8,972,943 8,653,783 (c) 110

7. 8 12 31 3 31 12 31 3 31 12 31 3 31 2012 2013 2014 2014 2015 2012 2013 2014 2014 2015 2012 2013 2014 2014 2015 185,960 247,221 265,858 63,931 70,245 233,522 348,499 554,486 130,994 153,955 419,482 595,720 820,344 194,925 224,200 32,143 73,673 67,470 17,948 22,222 79,992 175,617 244,235 63,047 53,913 112,135 249,290 311,705 80,995 76,135 3 111

12 31 3 31 12 31 3 31 12 31 3 31 2012 2013 2014 2015 2012 2013 2014 2015 2012 2013 2014 2015 2,312,855 2,487,937 2,547,869 2,574,614 3,232,285 5,026,966 8,617,732 9,183,433 5,545,140 7,514,903 11,165,601 11,758,047 1,623,967 1,642,877 1,742,824 1,748,509 2,180,041 2,699,658 6,515,600 7,032,416 3,804,008 4,342,535 8,258,424 8,780,925 12 31 3 31 12 31 3 31 12 31 3 31 2012 2013 2014 2014 2015 2012 2013 2014 2014 2015 2012 2013 2014 2014 2015 720 1,116 2,948 174 972 229 39 177 16 87 949 1,155 3,125 190 1,059 73,299 62,540 84,867 19,517 20,721 55,365 73,355 129,404 26,386 37,838 128,664 135,895 214,271 45,903 58,559 3,086 1,162 8,024 5,734 2,257 2,993 8,024 8,820 2,257 4,155 69,782 91,168 97,372 23,845 24,981 79,406 103,283 168,133 31,466 49,873 149,188 194,451 265,505 55,311 74,854 909 974 974 244 244 205 206 220 51 92 1,114 1,180 1,194 295 336 225 404 1,060 123 415 225 404 1,060 123 415 2,133 4,461 10,908 2,272 2,305 12,071 10,440 21,967 9,404 8,796 14,204 14,901 32,875 11,676 11,101 112

2014 3 313 10% 12 31 3 31 2012 2013 2014 2014 2015 1 173,754 207,148 224,945 54,570 59,459 2 136,424 190,319 283,585 82,643 73,029 3 109,304 164,235 233,702 42,390 53,387 2 4 4 4 35,600 1 2 3 4 10% 113

8. 12 31 3 31 2012 2013 2014 2014 2015 CDM 1,136 7,427 6 582 1,370 14 370 1,547 132 511 943 573 208 44 178 6,078 32,034 29,874 800 1,076 37 2,033 3,904 122 15 8,200 42,649 36,903 1,112 2,150 2014 3 312,160,000 4,540,000 1,076,000 800,000 2014 3 31 6,078,000 29,874,000 25,334,000 114

9. 12 31 3 31 2012 2013 2014 2014 2015 103,377 127,979 228,283 54,704 76,487 11,724 9,595 7,738 1,970 1,784 692 124 32,388 12,326 10,860 2,694 1,439 148,181 150,024 246,881 59,368 79,710 (19,517) (14,129) (32,610) (13,465) (21,151) 128,664 135,895 214,271 45,903 58,559 2014 3 313 4.00% 4.09% 2.77% 4.33% 2.77% 10. 12 31 3 31 2012 2013 2014 2014 2015 8,024 8,829 2,266 4,207 (9) (9) (52) 8,024 8,820 2,257 4,155 115

15%2014 3 31 25% 50% 2014 3 31 12 31 3 31 2012 2013 2014 2014 2015 112,135 249,290 311,705 80,995 76,135 25% 28,034 62,322 77,926 20,249 19,034 (151) 87 143 63 1 1 (24,249) (45,747) (62,098) (16,276) (12,664) (3,872) (8,543) (7,062) (1,708) (2,164) (9) (9) (52) 8,024 8,820 2,257 4,155 116

11. 12 31 3 31 2012 2013 2014 2014 2015 28,152 26,252 43,904 12,244 16,750 2,683 3,202 4,865 974 1,209 (16,631) (14,553) (15,894) (1,542) (6,858) 14,204 14,901 32,875 11,676 11,101 214 283 292 225 404 1,060 123 415 1,114 1,180 1,194 295 336 311 (82) 210 117

12. (a) 2014 3 31 2014 3 31 2014 3 31 2014 3 31 118

2014 3 31 2014 2012 12 31 2013 12 31 2014 12 31 3 31 2015 3 31 i ii ii iii iv v v vi vi vii viii viii ix x xi xi xii xiii xiv xiv xv xvi xvii xviii xix xviii xx xix xxi xx xxii xxi xxii xxiii xxiv xxv xxvi xxviixxviii xxix xxx 119

(i) (ii) (iii) (iv) (v) (vi) (vii) 2013 3 142013 3 14 2013 3 14 2014 4 10 2013 3 14 2014 6 27 2013 6 28 2013 8 13 2014 4 18 2014 6 182014 8 21 2013 3 142014 4 10 2014 4 10 (viii) 2013 3 142014 4 10 (ix) (x) (xi) (xii) 2014 4 11 2014 6 27 2014 4 182014 6 18 2014 8 21 2013 3 14 2014 4 10 2013 3 14 (xiii) 2014 4 18 2014 6 18 2014 8 21 (xiv) 2013 3 142014 4 10 (xv) 2014 4 182014 6 18 2014 8 21 (xvi) 2013 3 14 (xvii) 2014 6 27 120

(xviii) 2013 3 14 2014 4 10 (xix) 2013 10 23 2013 11 15 2014 6 27 (xx) 2013 3 142014 4 10 (xxi) 2013 3 142014 4 10 (xxii) 2013 3 142014 4 10 (xxiii) 2014 4 18 2014 6 27 (xxiv) 2014 4 10 (xxv) 2014 4 102014 4 18 2014 6 182014 8 21 (xxvi) 2014 4 10 (xxvi) 2013 3 14 (xxvii) 2014 4 182014 6 18 2014 8 21 (xxix) 2013 3 14 (xxx) 2014 12 10 121

2014 3 31 2014 2012 2013 2014 3 31 2015 12 31 12 31 12 31 3 31 i ii iii iv iv v vi vii (i) 2013 3 14 2013 3 14 (ii) 2014 4 182014 6 18 2014 8 21 (iii) 2014 6 27 (iv) 2013 8 13 2013 12 9 2013 10 23 2013 11 15 2014 4 18 2014 6 182014 6 27 2014 8 21 (v) 2013 3 142013 3 14 2013 3 142013 3 14 (vi) 2013 3 14 (vii) 2014 4 18 2014 6 18 2014 8 21 122

(b) 2014 3 31 12 31 3 31 2012 2013 2014 2014 2015 3,156 2,499 2,272 806 855 109 132 143 30 42 3,265 2,631 2,415 836 897 12 31 3 31 2012 2013 2014 2014 2015 1,000,000 2012 12 31 811,000 2013 12 31 787,000 2014 12 31 789,000 2014 3 31 793,000 2015 3 31 792,000 4 5 4 5 5 1,000,001 1,500,000 2012 12 31 1,217,000 2013 12 31 1,181,000 2014 12 31 1,184,000 2014 3 31 1,190,000 2015 3 31 1,188,000 1 1 123

2014 3 31 13. 12 31 3 31 2012 2013 2014 2014 2015 2014 3 31 2014 642,001 2015 872 642,001 872 201220132014 12 31 2014 3 31 20122013 12 31 2014 2015 3 31 124

14. 2012 1 1 80,532 2,428,743 8,689 3,462 563,295 3,084,721 1,510 8,443 945 3,480 1,556,598 1,570,976 (404) (378) (500) (1,282) 137,024 886,299 (1,023,323) 2012 12 31 218,662 3,323,485 9,256 6,442 1,096,570 4,654,415 11,401 2,908 851 1,395 1,010,235 1,026,790 (334) (2,123) (370) (2,827) 9,562 829,896 1,255 (840,713) 2013 12 31 239,291 4,154,166 10,107 8,722 1,266,092 5,678,378 1,246 1,859 4,593 3,424 3,432,942 3,444,064 (691) (691) 98,825 1,475,866 113 (1,574,804) 2014 12 31 339,362 5,631,200 14,813 12,146 3,124,230 9,121,751 7,519 15,795 31 213 271,470 295,028 (6) (52) (58) 3,160 331,631 (334,791) 2015 3 31 350,041 5,978,620 14,844 12,307 3,060,909 9,416,721 125

2012 1 1 4,753 94,920 1,598 693 101,964 8,722 137,935 1,735 796 149,188 - - (188) (100) (288) 2012 12 31 13,475 232,855 3,145 1,389 250,864 10,499 180,784 1,825 1,343 194,451 (29) (129) (14) (172) 2013 12 31 23,945 413,510 4,970 2,718 445,143 16,998 244,135 2,425 1,947 265,505 (89) (89) 2014 12 31 40,943 657,556 7,395 4,665 710,559 4,121 69,516 674 543 74,854 (1) (1) 2015 3 31 45,064 727,071 8,069 5,208 785,412 2012 12 31 205,187 3,090,630 6,111 5,053 1,096,570 4,403,551 2013 12 31 215,346 3,740,656 5,137 6,004 1,266,092 5,233,235 2014 12 31 298,419 4,973,644 7,418 7,481 3,124,230 8,411,192 2015 3 31 304,977 5,251,549 6,775 7,099 3,060,909 8,631,309 126

5% 20% 5% 20% 20% 201220132014 12 312015 3 31 35,847,000 92,792,000 100,902,000 110,177,000 201220132014 12 312015 3 31 1,566,332,000 1,739,110,000 1,659,378,000 1,948,636,000 201220132014 12 312015 3 31 30 127

15. 2012 1 1 1,536 4,364 2012 12 312013 1 1 5,900 2013 12 312014 1 1 5,900 796 2014 12 312015 1 1 6,696 2015 3 31 6,696 128

2012 1 1 178 1,114 2012 12 312013 1 1 1,292 1,180 2013 12 312014 1 1 2,472 1,194 2014 12 312015 1 1 3,666 336 2015 3 31 4,002 2012 12 31 4,608 2013 12 31 3,428 2014 12 31 3,030 2015 3 31 2,694 20% 129

16. 12 31 3 31 2012 2013 2014 2015 10,757 20,712 63,070 88,269 (492) (896) (1,956) (2,371) 10,265 19,816 61,114 85,898 215 414 1,261 1,765 10,050 19,402 59,853 84,133 10,265 19,816 61,114 85,898 35-50 201220132014 12 312015 3 31 1,600,000 11,155,000 43,898,000 61,278,000 130

17. 12 31 3 31 2012 2013 2014 2015 391,459 377,809 345,178 365,357 12 31 3 31 2012 2013 2014 2015 60 137,769 165,220 171,179 152,558 61 90 45,023 45,706 52,755 46,699 90 208,667 166,883 121,244 166,100 391,459 377,809 345,178 365,357 131

2012 12 31 391,459 391,459 2013 12 31 377,809 377,809 2014 12 31 345,178 345,178 2015 3 31 365,357 365,357 201220132014 12 312015 3 31 30 132

18. 12 31 3 31 2012 2013 2014 2015 30,505 30,964 902 23,107 15,622 6,515 7,418 7,042 482,345 502,161 827,192 821,227 528,472 539,640 835,512 851,376 19. 2014 12 312015 3 3120092011 85,697,000 85,993,000 2014 12 31 2015 3 31 0.35% 0.35% 12 133

20. 2014 3 310% 0.35% 2012 2013 2014 12 31 2015 3 31 35,746,000 34,083,000 13,427,000 11,691,000 21. 12 31 3 31 2012 2013 2014 2015 63,557 28,356 118,149 146,769 12 31 3 31 2012 2013 2014 2015 60 5,344 8,026 41,482 76,017 61 90 43,814 7,765 1,299 2,861 90 14,399 12,565 75,368 67,891 63,557 28,356 118,149 146,769 15 180 134

22. 12 31 3 31 2012 2013 2014 2015 926,979 627,595 1,294,922 1,235,062 3,963 5,142 8,412 9,228 371 519 752 875 8,185 19,779 62,840 63,784 939,498 653,035 1,366,926 1,308,949 23. 12 31 3 31 2012 2013 2014 2015 1,775,423 2,325,346 3,724,872 4,585,431 363,710 656,165 525,730 1,775,423 2,689,056 4,381,037 5,111,161 30201220132014 12 312015 3 31 135

12 31 3 31 2012 2013 2014 2015 1 240,077 78,077 374,012 225,557 1 2 49,077 74,077 732,077 744,057 2 5 187,230 242,230 970,230 961,170 5 1,299,039 2,294,672 2,304,718 3,180,377 1,775,423 2,689,056 4,381,037 5,111,161 240,077 78,077 374,012 225,557 1,535,346 2,610,979 4,007,025 4,885,604 1,775,423 2,689,056 4,381,037 5,111,161 5.54% 7.40% 5.54% 6.88% 5.00% 6.88% 5.31% 6.88% 12 31 3 31 2012 2013 2014 2015 910,000 1,164,000 2,006,037 2,481,199 136

12 31 3 31 2012 2013 2014 2015 6.89% 6.47% 6.05% 6.08% 1,107,000,000 1,218,000,000 1,870,537,000 896,399,000 6.55% 7.40% 5.90% 6.55% 5.00% 6.88% 5.61% 6.22% 12 31 3 31 2012 2013 2014 2015 1 19,565 1 103,000 95,000 1,398,798 1,118,201 103,000 95,000 1,418,363 1,118,201 137

24. 201220132014 12 312015 3 31 150,477,000 137,954,000 125,430,000 119,169,0002024 12 31 3 31 2012 2013 2014 2015 1 12,523 12,523 12,523 12,523 1 2 12,523 12,523 12,523 12,523 2 5 37,570 37,570 37,570 37,570 5 87,861 75,338 62,814 56,553 150,477 137,954 125,430 119,169 12,523 12,523 12,523 12,523 137,954 125,431 112,907 106,646 150,477 137,954 125,430 119,169 10% 138

25. 201220132014 12 312015 3 31 197,210,000 266,839,000 0.1% 6.0% 10,654,000 1,128,581,000 319,466,000 474,573,000 201220132014 12 312015 3 31 713,337,000 499,449,000 165,303,000 132,727,000 0.1% 6.0% 0 155,828,000 1,277,264,000 1,138,743,000 0.1% 6.0% 139

26. 2012 1 12012 12 312013 1 1 126,000 2013 12 318 (2,160) 2013 12 312014 1 1 123,840 5,916 2014 12 318 (4,540) 2014 12 312015 1 1 125,216 2015 3 318 (1,076) 2015 3 31 124,140 20112014 12 31 126,000,000 5,916,000 2,160,000 4,540,000 1,076,000 140

27. 2012 1 1 1,158,541 287,867 2012 12 312013 1 1 1,446,408 1,045,360 144,610 2013 12 312014 1 1 2,636,378 95,120 55,393 2014 12 312015 1 12015 3 31 2,786,891 2014 9 10% 25% 25% 28. (a) 12 31 3 31 2012 2013 2014 2015 1,107,373 771,231 408,897 486,056 141

(b) 12 31 3 31 2012 2013 2014 2014 2015 2014 3 31 48 204 569 122 203 12 31 3 31 2012 2013 2014 2015 1 66 400 445 356 25 373 514 298 293 439 914 743 649 142

29. 2014 3 31 2,683,000 3,202,000 4,865,000 1,209,000 974,000 30. 12 31 3 31 2012 2013 2014 2015 702,421 817,682 1,108,983 1,096,139 12 31 3 31 2012 2013 2014 2015 177 173 172 143

12 31 3 31 2012 2013 2014 2015 312,998 322,316 299,024 349,035 31. 2014 3 31 12 31 3 31 2012 2013 2014 2014 2015 1,547 132 511 32,388 12,326 10,860 2,694 1,439 474 988 1,169 238 642,001 872 144

12 31 3 31 2012 2013 2014 2014 2015 943 573 208 44 178 11,724 9,595 7,738 1,970 1,784 2,572 435 1,757 7 10,146 692 124 268 114 682 80 157 2015 3 31 2014 3 31100% 99% 99% 99% 99% 145

2014 3 31 201220132014 12 312015 3 31 910,000,000 1,164,000,000 2,006,037,000 2,481,199,000 32. 2014 12 31 23,995,000 33. 2012 2013 2014 2015 3 2012 2013 2014 2014 3 2015 3 2012 2013 2014 2015 3 % % % % 10% 10% 1,874 3,708 1,803 954 25,395 29,103 25% 25% 790 2,041 747 794 20,709 22,750 25% 25% 1,988 6,056 1,680 690 23,576 29,632 40% 40% 40% 40% 3,659 7,480 4,612 52 542 52,315 59,795 43,212 42,591 8,311 19,285 8,842 2,490 542 121,995 141,280 43,212 42,591 146

12 31 2012 2013 61,716 101,921 348,734 332,204 (17,696) (16,890) (138,800) (126,200) 228,559 261,932 25,395 29,103 147

12 31 3 31 2012 2013 2014 2014 54,249 66,788 55,475 18,828 (35,507) (29,707) (31,056) (9,287) 18,742 37,081 24,419 9,541 16,868 33,373 22,616 8,587 1,874 3,708 1,803 954 18,742 37,081 24,419 9,541 (38,698) (12,797) 92,209 (4,332) 6,600 16,530 19,031 4,934 (77) (77) (114,807) (846) (32,175) 3,656 (3,567) (244) 148

12 31 2012 2013 26,989 31,273 148,111 143,310 (12,267) (13,584) (80,000) (70,000) 62,124 68,249 20,709 22,750 149

12 31 3 31 2012 2013 2014 2014 18,548 21,481 20,043 7,210 (15,387) (13,315) (13,154) (4,032) 3,161 8,166 6,889 3,178 2,371 6,125 6,142 2,384 790 2,041 747 794 3,161 8,166 6,889 3,178 (3,059) 5,359 (27,593) (2,144) 4,913 4,797 7,641 2,006 (10,000) (10,000) 19,860 (8,146) 156 (92) (138) 150

12 31 朐 2012 2013 56,898 54,326 277,274 263,926 (239,867) (34,722) (165,000) 70,729 88,898 23,576 29,632 151

12 31 3 31 2012 2013 2014 2014 38,313 48,560 36,887 10,752 (30,361) (24,335) (28,639) (7,992) 7,952 24,225 8,248 2,760 5,964 18,169 6,568 2,070 1,988 6,056 1,680 690 7,952 24,225 8,248 2,760 (3,141) (6,405) 64,182 25,199 13,600 13,349 14,630 3,776 (14,000) (7,000) (75,541) (29,000) (3,541) (56) 3,271 (25) 152

12 31 3 31 2012 2013 2014 2015 94,273 97,646 76,329 82,029 326,497 308,888 292,128 287,721 (37,984) (29,048) (56,429) (59,274) (252,000) (228,000) (204,000) (204,000) 78,471 89,691 64,816 63,885 52,315 59,795 43,212 42,591 153

12 31 3 31 2012 2013 2014 2014 2015 47,869 53,374 49,439 9,440 10,695 (38,723) (34,674) (37,910) (9,310) (9,340) 9,146 18,700 11,529 130 1,355 5,487 11,220 6,917 78 813 3,659 7,480 4,612 52 542 9,146 18,700 11,529 130 1,355 21,195 1,163 757 8,218 32,815 (13,095) (10,652) 15,177 17,709 16,760 4,450 4,469 (27,533) (24,000) (50,158) (11,599) 1,927 (583) (8,645) (6,183) 154

B. 2015 4 21 30,000,00043,400,000 2015 5 20 C. 2015 3 31 25 15 P03224 2015 7 22 155

136 [2015] 1127 156

... 158... 159.... 161.... 167.... 168.... 171.... 171.... 171.... 179.... 198.... 202.... 204.... 207.... 216.... 216... 217 157

..... 158

19 13 6 19 19 2015 3 31 19 2015 3 31 191,187,838.11 887,182.73300,655.38 404,468.85 103,813.47 34.53% 19 159

1 23,118.72 2 8,713.01 3 25,733.49 4 14,849.80 5 6,330.15 6 13,768.20 7 20,354.42 8 44,399.66 9 11,305.71 10 20,121.68 11 94,439.81 12 10,475.72 13 19,233.34 14 6,790.49 15 1,753.19 16 57,072.47 17 16,955.64 18 3,894.56 19 5,158.79 404,468.85 2015 3 31 160

136 19 2015 3 31. (1) (2) 188 12 2 (3) (4) 1,032,353.953868 (5) 161

(6) (7) 2007 19 130 1 (8) 100% (1) (2) 100 21 (3) (4) 272,652.9 (5) 162

(6) (7) 2009 8 27 2015 3 1GWp 1GWp20208GWp 2013 (8) 100% 163

(1) (2) 25 15 (3) (4) 25,000,000.00 (5) (6) (7) 2010 11 2014 1001811 4,290,824,000 3,101,800,000 72.29% 164

(1) 1913 6 (MW) 1 100% 2014 2 48 2 100% 2011 2 38.25 3 100% 2010 3 49.3 4 100% 2014 2 49.5 5 100% 2010 9 20.4 6 100% 2012 6 49.5 7 100% 2014 3 95 8 100% 2015 4 199.5 9 30% 2011 1 49.5 10 100% 2012 3 99 11 100% 2015 4 400 12 100% 2015 1 48 13 100% 75 2013 2 2014 3 14 100% 18 2012 9 2012 9 15 100% 2012 9 9 165

166 (MW) 16 100% 10MW 2010 12 30MW 2011 10 60MW 2011 10 100 17 100% 2013 4 30 18 100% 2014 8 2014 8 2015 6 10.6229 19 100% 5.53MW 2013 3 4.38MW 2013 6 4.48MW 2015 3 5.5MW 2015 9 2MW 2015 8 14.39 (2) 19 100% 100% 100% 100% 100% 100% 100% 100% 30% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

. 13 6 19 19 167

. 19 1 100% 2 100% 3 100% 4 100% 5 100% 6 100% 7 100% 8 100% 9 30% 10 100% 11 100% 12 100% 13 100% 14 100% 15 100% 16 100% 17 100% 18 100% 19 100% 168

19 SKIIP 20102014 169

13 6 366 567.13 1 24 0.66 120.94 24 0.66 120.94 2 46 1.35 174.04 46 1.35 174.04 3 59 0.99 162.65 59 0.99 162.65 4 34 1.29 153.80 34 1.29 153.80 5 21 0.21 17.23 21 0.21 17.23 6 67 1.34 177.93 67 1.34 177.93 7 2 12.48 528.35 2 12.48 528.35 8 2 28.94 749.45 2 28.94 749.45 9 1 12.23 278.96 1 12.23 278.96 10 2 17.21 210.08 2 17.21 210.08 11 1 61.51 20.63 1 61.51 20.63 12 1 50.86 0.00 1 50.86 0.00 13 1 26.40 1 26.40 14 3 268.83 0.00 3 268.83 0.00 15 1 79.26 1 79.26 16 49 1.18 341.05 49 1.18 341.05 17 52 2.38 341.05 52 2.38 341.05 366 567.13 3,276.15 310 79.09 2,914.47 56 488.04 361.68 170

.. 2015 3 31. 2015 5 28[2015]12 1. 2013 12 28 2. 2014 8 31 3. 622007 3 16 171

4. 2007 8 30 5. 2014 8 31 6. 742007 10 28 7. 2007 3 16 8. 512 9. 2009 12 26 10. 2008 10 28 11. 378 12. 3 13. [2006]306 14. 91 15. <> [1992]36 172

16. 12 17. [2013]64 18. [2006]274 19. [2009]941 20. < > [2013]64 21. 33 22. 538 23. 2011 10 28 65 24. (2011)110 25. [2008]170 26. [2013]106 173

27. [2012]102 28. [2013]1638 29. 2008[2008]116 30. [2015]518 31. [2009]1906 32. [2015]748 33. [2008]156 34. [2011]58 35. [2013]66 36. 2562011 1 8 37. 55 38. 2006 12 30 163 174

39. [2006]307 40. (GB/T18508-2014) 41. (GB/T18507-2014) 42. (GB/T50291-1999) 1. [2004]20 2. [2004]20 3. [2003]18 4. [2007]189 5. [2007]189 6. [2007]189 7. [2007]189 8. [2008]217 9. [2010]214 10. [2011]227 11. [2011]230 12. [2011]230 13. [2011]230 175

14. [2012]244 15. [2012]248 1. 2. 3. 4. 5. 6. 7. 1. 2. 3. 4. 5. 6. 176

7. (NBT31011-2011) 8. [1999]1283 9. 2002 1 7[2002]10 10. [2000]38 11. 2007 3 30 [2007]670 12. [1984] 678 13. [2002]125 14. [2002]1980 15. DXD37-101-2002 16. (2013) 17. (2013) 18. (2011) 19. 2015 3 177

20. (2013) 21. (2013) 22. 20151 23. 2004 24. 2004 25. 2004 26. 2009 27. 2013 28. 2013 29. 2013 30. 2013 31. 2015 32. (2010) 33. (2010) 34. (2010) 35. [2013]119 178

36. 2015 37. 2012 12 38. 39. 1. 2. 3. 4. 5. 6.. 179

19 180

1. +++ (1) n -i -n [ F (1+ r) + F i n + / r (1 r) ] 1 i= 1 P = + P F i i F n+1 r WACC) n i i = + (1 + 181

WACC) WACC = K e E E + D + K d (1 t) E D + D K e K d E D t (K e ) (CAPM) K = r + MRP β+ e f r c r f MRP r c 182

(R f ) WIND 10 3.6483% 3.6483% (Equity Risk Premiums, ERP) Aswath Damodaran ERP = + 1928-2014 6.25% 2014 Aa3 0.90% 0.90% 6.25%+0.90%=7.15% 183

Ri = + Rm + Wind ABeta Beta Beta 0.6346 U = L [1+(1-T) D/E] L Beta U Beta T 184

(1)[2008]1162008 1 1 (2) [2011]582011 1 1 2020 12 31 70% 15% 190% 25% D/E 19 D/E 20% 70% 185

19 1.3% 2.0% K e = rf + MRP β+ rc 19 5.09% 6.22% K e E/(D+E)+K d D/ (D+E) (1-T) 199.33% 10.12% 186

n -i -n [ F i / (1+ r) + F n / (1 r) ] i= 1 P = + P F i i F n r WACC n i i = + = + WACC WACC = K e E E + D + K d (1 t) E D + D 187

K e K d E D t (CAPM) K = r + MRP β+ e f r c r f MRP r c (2) (3) 188

(4) 2. 1. (1) (2) (3) (4) 189

(5) 2. 3. (1) =+ + 190

(2) = + (3) = 191

4. = (1) = + + ++ = + 192

=+ + =10%) (2) =+ 100% = 100% 193

= 5. (1) (2) 194

6. 7. 8. 195

9. (1) [2015]18 19 1 (2015)19 1 2 (2015)18 2 3 (2015)18 3 4 (2015)18 1 5 (2015)18 1 6 (2015)18 1 7 (2015)18 1 196

8 [2015]18 1 2 3 9 [2015]18 1 10 (2015)18 1 11 (2015)18 2 12 (2015)18 1 13 (2015)18 2 14 (2015)18 1 15 (2015)18 3 16 (2015) 18 1 17 (2015) 18 1 197

(2) 10.. 2015 3 302015 6 4 2015 3 1 1. 198

2. 2015 3 302015 4 20 1. (1) (2) 199

(3) (4) (5) 2. (1) (2) (3) (4) (5) 200

(6) (7) 201

. 1. 2. 3. 4. 5. 6. 7. 1. 2. 3. 202

4. 5. 6. 7. 8. 9. 10. 11. 203

. 2015 3 31 191,187,838.11 887,182.73 300,655.38 404,468.85103,813.47 34.53% 19 1 23,118.72 2 8,713.01 3 25,733.49 4 14,849.80 5 6,330.15 6 13,768.20 7 20,354.42 8 44,399.66 9 11,305.71 10 20,121.68 11 94,439.81 12 10,475.72 13 19,233.34 14 6,790.49 15 1,753.19 16 57,072.47 17 16,955.64 18 3,894.56 19 5,158.79 404,468.85 204

2015 3 31 191,187,838.11 1,143,475.7144,362.40 3.73% 887,182.73881,074.48 6,108.25 0.69% 300,655.38 262,401.2338,254.15 12.72% 19 1 100% 35,739.50 9,762.93 2 100% 26,383.34 4,864.71 3 100% 38,219.79 14,336.63 4 100% 38,202.05 11,971.17 5 100% 11,800.45 4,060.16 6 100% 35,170.80 11,421.47 7 100% 71,113.23 13,326.49 8 100% 150,828.88 34,736.29 9 30% 32,032.66 5,705.23 10 100% 79,641.52 14,472.06 11 100% 313,037.46 70,175.79 12 100% 38,295.39 9,279.52 13 100% 57,091.69 11,112.52 14 100% 20,333.34 8,972.02 15 100% 10,047.36 3,774.71 16 100% 119,540.41 10,680.53 17 100% 38,718.96 12,993.34 18 100% 7,882.95 3,018.65 19 100% 19,395.93 7,737.01 1,143,475.71 262,401.23 205

19 % A B C=B-A D=C/ A 100% 1 267,512.77 267,415.65 97.12 0.04 2 920,325.32 876,060.06 44,265.26 4.81 3 2,943.00 1,711.57 1,231.43 41.84 4 0.00 0.00 0.00 5 557,171.27 473,682.48 83,488.79 14.98 6 304,971.55 323,466.15 18,494.60 6.06 7 0.00 0.00 0.00 8 3,567.81 25,761.12 22,193.31 622.04 9 3,298.29 25,440.43 22,142.14 671.32 10 51,671.70 51,438.74 232.96 0.45 11 1,187,838.11 1,143,475.71 44,362.40 3.73 12 374,857.10 374,857.10 0.00 0.00 13 512,325.63 506,217.38 6,108.25 1.19 14 887,182.73 881,074.48 6,108.25 0.69 15 300,655.38 262,401.23 38,254.15 12.72 206

404,468.85 262,401.23 19 300,655.38 404,468.85103,813.47 34.53%. 2015 4 20 XYZH/2014QDA1022 13 18 XYZH/2014A2020 80 85 2015 4 20 XYZH/2014CSA2014 5 XYZH/2014CSA2014 6 2015 3 31 2014 12 312013 12 312015 1-32014 2013 207

1. 366 A [2015]18 19 1 52 2.38 388 918.05 2 49 1.18 309 364.74 3 59 0.99 197 195.73 4 21 0.21 140 29.4 5 46 1.35 183 247.5 6 24 0.66 187 124.32 7 67 1.34 144 192.81 8 34 1.29 144 185.45 9 2 17.21 26 447.54 10 1 61.51 18 1,107.18 11 2 12.48 63 786.49 12 2 28.94 57 1,649.75 13 1 12.23 56 684.95 208

14 1 50.86 60 3,051.54 15 1 26.4 49 1,293.60 16 3 268.83 40 10,753.13 17 1 79.26 43 3,408.25 366 567.13 25,440.43 2. 366366 567.13 310 79.09 56 488.04 209

56 34 22,386.54 1 11#2 601 127.99 2 11#2 602 127.99 3 11#2 701 127.99 4 11#2 902 127.99 5 430 6 1,435.72 7 70.46 8 63.9 9 1,378.16 10 112501 127.99 11 112502 127.99 12 244903 89.49 13 2451003 89.49 14 79.1 15 67.7 16 15 1,153.20 17 623.34 18 802.29 19 82 210

20 1,074.06 21 600 22 437.58 23 35kv 180 24 36.75 25 593.7 26 903.6 27 33.6 28 47.74 29 287.13 30 2,627.11 31 7,200.00 32 638.32 33 44.16 34 550 22,386.54 1 A 200MW 211

2 17 2014/08/20 2015/08/19 0.49 1,313.31 2014/08/20 2015/08/19 0.49 17,448.21 2010/10/29 2015/10/24 0.55 1,500.00 2010/10/29 2025/10/24 0.55 15,000.00 2011/07/29 2015/07/28 0.54 1,252.32 2011/07/29 2015/07/28 0.54 7.68 2011/07/29 2024/07/28 0.54 10,664.57 2011/07/29 2024/07/28 0.54 65.43 2015/02/05 2030/02/04 0.49 20,358.43 212

2011/11/28 2015/04/25 0.52 500.00 2011/11/28 2015/10/25 0.52 500.00 0.54 2,500.00 2011/11/28 2021/11/20 0.52 3,500.00 2011/12/21 2021/11/20 2012/10/10 2015/06/27 0.49 1,000.00 2012/10/10 2015/12/27 0.49 1,500.00 2012/10/10 2024/10/09 0.49 16,500.00 2013/03/14 2015/11/15 0.55 2,000.00 2013/03/14 2023/03/13 0.55 15,000.00 2014/08/22 2023/12/21 0.49 15,000.00 2014/10/16 2015/12/21 0.49 4,000.00 2014/10/16 2019/12/21 0.49 76,000.00 2009/06/30 2015/06/30 0.44 1,234.00 2009/06/30 2015/06/30 0.44 1,166.00 2009/06/30 2024/06/30 0.44 10,497.00 2009/06/30 2024/06/30 0.44 9,903.00 2013/08/12 2015/12/21 0.44 1,400.00 2013/07/03 2015/06/21 0.44 450.00 2013/08/12 2027/12/21 0.44 23,400.00 2013/07/03 2027/12/21 0.44 25,800.00 2014/08/22 2015/12/21 0.49 4,000.00 2014/08/22 2021/12/21 0.49 61,000.00 2015/02/03 2017/02/03 0.49 15,500.00 213

2013/07 2028/07 0.42 1,198.00 2014/06 2026/06 0.51 100.00 2013/07 2028/07 0.42 14,975.00 2014/06 2026/06 0.51 19,300.00 2013/06/26 2028/06/25 0.49 5,000.00 2013/09/02 2028/09/01 0.49 5,200.00 2014/03/14 2025/03/13 0.47 4,000.00 2011/11/29 2027/12/21 0.49 12,100.00 2012/02/24 2029/02/23 0.52 30,400.00 2012/02/24 2027/02/23 0.52 48,750.00 2014/03 2028/03 0.49 22,050.00 214

25 25 25 [2014]1516MW 2015 5 11 0.25% 19 215

. 2015 3 31. 2015 6 4 216

217

201220132014 12 31 2015 3 31 1. 26 5 1,401.71,381.90 201220132014 12 312015 3 31 638.5897.9, 1,354.6 365.9 2616 10 12 31 3 31 2012 2013 2014 2015 1. 30.00 30.00 30.00 30.00 2. 45.00 45.00 45.00 3. 48.00 48.00 4. 49.30 49.30 49.30 49.30 49.30 5. 20.40 20.40 20.40 20.40 20.40 6. 38.25 38.25 38.25 38.25 38.25 7. 48.00 48.00 48.00 8. 49.50 49.50 49.50 49.50 49.50 218

12 31 3 31 2012 2013 2014 2015 9. 49.50 49.50 49.50 10. 49.50 49.50 49.50 49.50 49.50 11. 49.50 49.50 49.50 49.50 12. 400.00 13. 47.50 47.50 47.50 14. 47.50 47.50 47.50 15. 199.50 16. 29.70 29.70 29.70 29.70 29.70 236.65 316.15 553.65 601.65 1,201.15 17. 9.00 9.00 9.00 9.00 9.00 18. 9.00 9.00 9.00 9.00 9.00 19. 9.00 9.00 9.00 9.00 9.00 20. 9.91 9.91 9.91 9.91 21. 4.48 4.48 22. 10.00 10.00 10.00 10.00 10.00 23. 30.00 30.00 30.00 30.00 30.00 24. 60.00 60.00 60.00 60.00 60.00 25. 30.00 30.00 30.00 30.00 26. 9.37 9.37 9.37 127.00 166.91 176.28 180.76 180.76 363.65 483.06 729.93 782.41 1,381.91 219

26 % 1. 850.20 61.5 2. 254.95 18.4 3. 132.37 9.6 4. 130.00 9.4 5. 14.39 1.0 1,381.91 100.0 2. (A) 12 31 3 31 2012 2013 2014 2015 4,462,611 5,258,801 8,495,751 8,755,650 (922,179) 773,817 (1,343,426) (662,138) 3,540,432 6,032,618 7,152,325 8,093,512 1,799,300 2,860,250 4,245,148 5,116,390 1,741,132 3,172,368 2,907,177 2,977,122 220

(B) 12 31 3 31 2012 2013 2014 2014 2015 419,482 595,720 820,344 194,925 224,200 232,599 342,536 489,073 125,786 132,544 112,135 249,290 311,705 80,995 76,135 112,135 241,266 302,885 78,738 71,980 103,824 221,981 294,043 76,248 71,438 8,311 19,285 8,842 2,490 542 2013201242.0%2013 2013 2014201337.7%2014 2015 3 31 201415.0% 2014 3 312015 3 31 221

2013201235.5% 2013 2014201330.8% 2014 2015 3 31 2014 32.6% 201255.4%201357.5% 2014 59.6%2014 2015 3 31 201464.5% 59.1% 2014 3 312015 3 31 CDM 222

20132012420.1% CDM 2013 2014201313.5%2014 CDM 2014 2015 3 312014 93.3%2014 7 201320125.6% 2013 2014201357.7% 2014 2015 3 312014 27.6% 223

50% 15% 2020 20120 2013800 2012 2013 201420139.9% 2015 3 31 2014 84.1%2014 2015 3 31 2013 2012115.2% 2013 2014 201325.5%2014 2015 3 31 20148.6% 224

(C) 20122013201412 31 2015 3 31 1.512 1.822 3.23 2.951 201220132014 12 31 2015 3 31 26.75 35.361 60.543 66.033 12 31 3 31 2012 2013 2014 2015 240,077 78,077 374,012 225,557 12,523 12,523 12,523 12,523 682 755 755 736 53,153 104,503 100,745 713,337 655,277 1,442,567 1,271,470 34,980 1,001,653 799,712 1,934,360 1,611,050 225

12 31 3 31 2012 2013 2014 2015 49,077 74,077 732,077 744,057 187,230 242,230 970,230 961,170 1,299,039 2,294,672 2,304,718 3,180,377 137,954 125,431 112,907 106,646 1,673,300 2,736,410 4,119,932 4,992,250 2,674,953 3,536,122 6,054,292 6,603,300 2015 3 31 1,373.0 2011 7268,900,000 100,000,000 168,900,000 10% 2011 72024 7 226

0% 6% 23 25 12 31 3 31 2012 2013 2014 2015 1,082,529 2,256,102 2,669,850 3,002,397 2,004,708 1,482,285 4,013,276 3,664,535 (922,179) 773,817 (1,343,426) (662,138) 2012 12 31 9.222 2013 2013 12 31 7.738 2013 2014 2014 12 31 13.434 2014 5.822014 227

2015 3 31 2014 12 3150.7% 6.621 2014 12 31 2015 5 31 9.008 201220132014 12 31 2015 3 311.42 0.69 1.79 1.87 (D) 201220132014 12 31 2015 3 31 11.0747.7124.0894.861 12 2.435 (E) 2012 1 12015 3 31 228

(F) 2012 1 12015 3 31 (G) 2015 3 31257 20122013 2014 12 31 2015 3 31 3,080 2,9504,8801,800 (H) 12 31 3 31 2012 2013 2014 2015 1,535,346 2,247,269 3,531,295 4,391,854 240,077 78,077 193,577 193,577 1,775,423 2,325,346 3,724,872 4,585,431 229

201220132014 12 31 2015 3 31 10.15411.40214.082 14.553 (I) (J) 201220132014 12 31 2015 3 31 230

(1) 2014 12 31 4.29 2015 6 17 2014 12 31 2014 12 31 2015 3 31 2014 12 31 2014 12 31 2014 12 31 231

(2) 2014 12 31 2014 12 31 2015 3 31 2015 3 31 a b b c d 1,483,283 8,631,309 1,410,345 2,893,628 2,893,628 2,694 440 440 440 13,794 84,133 13,747 27,541 27,534 55,075 844 844 148,008 148,852 168,271 168,271 168,271 860 860 860 1,356 1,356 1,356 31,086 37,514 6,131 37,217 37,217 1,699,494 8,755,650 1,430,663 3,130,157 175,542 3,305,699 30,830 3,164 517 31,347 31,347 1,938 1,765 288 2,226 2,226 158,003 365,357 59,699 217,702 217,702 8,976 851,376 139,114 148,090 148,090 1,936 1,936 1,936 37,090 37,090 37,090 741,412 121,146 121,146 121,146 87,943 658,233 107,554 195,497 195,497 658 658 658 118,132 118,132 118,132 36,098 36,098 36,098 85,993 14,051 14,051 14,051 284,673 295,097 48,218 332,891 (282,052) (2,621) 48,218 766,277 3,002,397 490,587 1,256,864 (282,052) (2,621) 972,191 21,163 21,163 21,163 787,440 3,002,397 490,587 1,278,027 (282,052) (2,621) 993,354 232

2014 12 31 2015 3 31 2015 3 31 a b b c d 157,007 146,769 23,982 180,989 180,989 62,005 1,308,949 213,880 275,885 275,885 755 123 123 123 365,907 365,907 90 100,745 16,462 16,552 16,552 12,523 2,046 2,046 2,046 1,271,470 207,757 207,757 207,757 11,895 1,944 1,944 1,944 582,870 95,240 95,240 95,240 7,470 7,470 7,470 7,533 7,533 7,533 197,819 225,557 36,856 234,675 234,675 4,718 4,718 4,718 175 175 175 7,842 3,002 491 8,333 8,333 444,659 3,664,535 598,781 1,043,440 365,907 1,409,347 821 821 821 445,480 3,664,535 598,781 1,044,261 365,907 1,410,168 341,960 (662,138) (108,194) 233,766 (647,959) (2,621) (416,814) 2,041,454 8,093,512 1,322,469 3,363,923 (472,417) (2,621) 2,888,885 233

2014 12 31 2015 3 31 2015 3 31 a b b c d 791 791 791 106,646 17,426 17,426 17,426 838,029 4,885,604 798,301 1,636,330 1,636,330 349,008 349,008 349,008 278 278 278 124,140 20,284 20,284 20,284 37,258 37,258 6,883 44,141 1,225,364 5,116,390 836,011 2,061,375 6,883 2,068,258 816,090 2,977,122 486,458 1,302,548 (479,300) (2,621) 820,627 55 2,786,891 455,374 455,429 (455,374) 55 708,993 147,640 24,125 733,118 (24,125) (2,621) 706,372 709,048 2,934,531 479,499 1,188,547 (479,499) (2,621) 706,427 107,042 42,591 6,959 114,001 199 114,200 816,090 2,977,122 486,458 1,302,548 (479,300) (2,621) 820,627 234

(3) a. 2014 12 31 b. 2015 3 31 6.1212014 12 31 c. 2015 6 17 3,965,500,000 6.121647,959,000 2015 6 23 750,000,000 (i) (ii) 2015 3 31 (iii) 2014 12 31 3 235

2014 12 31 3,965,500 647,959 2015 3 31 42,591 6,959 1,624 265 (406) (66) 43,809 7,158 4,009,309 655,117 2015 3 31 2,977,122 486,458 168,506 27,534 (42,127) (6,883) (3,103,501) (507,109) 905,808 148,008 236

2015 6 4 2015 3 31254,404,000 41,569,000 2015 3 31 85,898,00014,035,000 168,506,00027,534,000 2014 12 312015 3 31 42,127,000 6,883,00025% 3 1,218,000199,000 40% 237

3636 2014 12 31 905,808,000148,008,000 7.4% 13.9% 36 d. 2,621,000 238

2014 12 31 2015 7 22 231 238 1 2014 12 31 2014 12 31 2014 12 31 4.29 7 7 239

4.29(7) 3420 4.29 7 2014 12 31 240

(a) (b) (c) 4.29(1) 2015 7 22 241

242

14.62 3000 500 25 15 P03224 2015 6 17 243

1. 100% 2. 100% 3. 100% 4. 100% 5. 100% 6. 100% 7. 100% 8. 100% 9. 100% 10. 100% 11. 100% 12. 100% 13. 30% 14. 100% 15. 100% 16. 100% 17. 100% 18. 100% 19. 100% 244

2015 6 17 2015 6 4 14.61 14.62 2015 6 17 14.62(3) 245

25 15 2015 6 17 246

1. 2. XV XV7 8 352 3. XV2 3 10% (1)(2)(3) 3,101,800,000 72.29% (2)(3) 3,101,800,000 72.29% (3) 3,101,800,000 72.29% 247

(1) 100% 72.29% (2) 70.59% 72.29% Gold Sky Capital Limited 29.41% (3) XV2 3 4. 2014 12 31 5. 6. 2014 12 31 7. 248

8. 9. 10. 6 6 249

2014 12 31 11. (i) Morgan Stanley & Co. International plcj.p. Morgan Securities plc 2014 9 11 2014 10 1,000 (ii) Morgan Stanley & Co. International plcj.p. Morgan Securities plc 2014 9 15 100,000,000 250

(iii) Morgan Stanley & Co. International plcj.p. Morgan Securities plc 2014 9 15 2,000 (iv) Morgan Stanley & Co. International plc J.P. Morgan Securities plc 2014 9 15 2,200 (v) Morgan Stanley & Co. International plc J.P. Morgan Securities plc 2014 9 15 1,000 (vi) 2014 9 15 (vii) 2014 9 15 242,300,000 251