60.35% (LHI) 57.72% LHI LHI

Similar documents
51.69% Delta Chelsea

企 業 背 景 鷹 君 集 團 為 香 港 大 型 地 產 發 展 商 之 一, 同 時 於 全 球 各 地 擁 有 及 管 理 一 系 列 以 朗 廷 及 其 聯 屬 品 牌 命 名 之 豪 華 酒 店 集 團 總 部 設 於 香 港, 旗 下 所 發 展 投 資 與 管 理 的 優 質 住 宅


企業背景 % 62.81% (LHI) 61.71% LHI Chelsea % LHI

企業背景 65.8% (LHI) 62.5% LHI % Chelsea LHI

ii

China Fin Inv_C_IR.indb

i




i

untitled


i

untitled



untitled


i


匯漢控股有限公司

untitled

untitled

01 CI contents C










I II A... 5 B... 7 C... 9 D III IV V VI VII i

Conyers Dill & Pearman Clarendon House 2 Church Street Hamilton HM11 Bermuda Butterfield Fulcrum Group (Bermuda) Limit




:

01 cover D 0..1


i


CHNOE_C_Cir.indb


C110256N_CCIL.indb


(Bocom A)-as printed-1500.indb





泛海酒店集團有限公司

i

untitled



,555 38, (34) 1 26 (46) (15) (100) (30) (3) (44) 188 1, ,039 2,195 33,594 41,084 33,142 40,

中期報告 2014/2015

2013 1

untitled

00.Cover-10513

Chi BoCom H (insert Cover and Back cover).indb

2

Nubrand AR C.indb

Hao Wen_C_AR.indb







C110085N_GoldenResort.indb



書冊C_ indb


i


C Ann.indd

... iii

i

2 HKICPA, FCCA HKICPA, FCCA


P.1

A

Chi.indb

Cover IR.ai

2011 1

®Ñ¥U4.indb


Cricket Square Hutchins Drive, P.O. Box 2681 Grand Cayman KY Cayman Islands D Royal Bank of Canada Trust Company (Cayman) Limited 4th Floo

ii & iii


I-1... II-1... III-1... IV-1... V-1... SGM-1 i

Harbour logo

太 古 公 司 二 零 一 四 年 報 告 書 213 ( 續 ) Bao Wei Enterprises Limited 股, 每 股 1 美 元 物 業 買 賣 澤 景 控 股 有 限 公 司 股, 每 股 1 美 元 物 業 投 資 Charming Gra

12.0% % % % % % % 1, %

Transcription:

2010 2010 2013 2014 STRATEGIC VISION GROWING NETWORK

60.35% (LHI) 57.72% LHI 498 666 465 88 LHI

2 3 4 7 30 46 52 72 87 89 90 91 93 94 96 98 195 198 199 1

# * * * * # # # * Appleby Canon s Court, 22 Victoria Street Hamilton HM12 Bermuda 23 33 (852) 2827 3668 (852) 2827 5799 Butterfield Fulcrum Group (Bermuda) Limited 26 Burnaby Street Hamilton HM 11 Bermuda 183 17 1712 1716 hkinfo@computershare.com.hk www.greateagle.com.hk 41 2

2013 12 31 43201243 5020122014 5 14 2014 2013 10 1623 1.002013 2.16201266 43 23 2013 (1)2013 2014 (2) 2014 5 2013 2014 6 18 (i) 2014 2014 2014 4 24 2014 4 30 2014 2014 4 234 30 (ii) 2013 2013 2014 5 9 2014 5 14 2013 2014 5 84 30 3

12 31 2013 2012 5,418.9 5,679.8 4.6% 1,679.9 1,802.1 6.8% 2.63 2.86 7,301.0 6,746.6 8.2% 2,399.5 3,551.8 32.4% 0.23 0.23 1.00 0.43 0.43 * 0.50 2.16 0.66 * 2013 LHI LHI 4

2013 12 2013 6 LHI 89.6 87.8 31.8% 16.0% 78.1 76.5 LHI2013 LHI 60.35% 57.72%LHI LHI LHI LHI LHI LHI LHI LHI 8 2013 2013 8 18 2013231.00 2013 10 16 2013 2014 2 26 2014 2014 4 24 2014 4 30 2013 2014 5 9 2014 5 14 2014 2014 4 30 2014 5 7 2013 2014 5 14 201343 50 2014 6 18 5

6 78,463 13% 16% 9% 14% 48% 2% 73% 13% 5% 7% 9% 30% 14% 32% 8% 7% 2,249 1,327 1,560 1,687 1,802 1,680

12 31 2013 2012 334.5 301.1 11.1% * 3,480.7 4,094.7-15.0% 316.3 272.8 15.9% ^ 716.9 686.5 4.4% LHI ^ 189.0 381.5 324.7 17.5% 5,418.9 5,679.8-4.6% 209.6 196.4 6.7% EBITDA* 672.9 1,045.8-35.7% 316.3 272.8 15.9% ^ 716.9 686.5 4.4% LHI ^ 189.0 144.6 100.5 43.9% 2,249.3 2,302.0-2.3% (122.2) (134.9) -9.4% (281.2) (237.5) 18.4% 155.5 142.1 9.4% (125.7) (107.6) 16.8% 11.1 39.1-71.6% (36.7) (9.9) 270.7% 1,850.1 1,993.3-7.2% (168.7) (190.4) -11.4% 1,681.4 1,802.9-6.7% (1.5) (0.8) 87.5% 1,679.9 1,802.1-6.8% * LHI 2013 5 30LHI 2013 2013 1 12013 5 29 ^ LHI LHI 7

LHI 2013 12 31 1 30,399.3 7,027.3 23,372.0 2 37,914.5 10,156.5 27,758.0 LHI2 10,148.8 3,989.9 6,158.9 78,462.6 21,173.7 57,288.9 2012 12 31 1 22,159.7 5,345.3 16,814.4 2 34,653.3 8,696.7 25,956.6 56,813.0 14,042.0 42,771.0 1. 8,893,354,0005,082,384,000 2013 12 313,810,970,000 2. LHILHI 60.35% 57.72%2012 12 3157.86%LHI2013 12 31 8

12 31 2013 2012 334.5 301.1 11.1% 4,434.4 4,094.7 8.3% 316.3 272.8 15.9% 381.5 324.7 17.5% LHI 47.1 2,179.3 2,059.0 5.8% LHI 471.8 (863.9) (305.7) 182.5% 7,301.0 6,746.6 8.2% 209.6 196.4 6.7% EBITDA 1,084.1 1,061.6 2.1% 1,801.3 1,709.5 5.4% 155.5 110.3 41.0% 3,250.5 3,077.8 5.6% (403.7) (372.6) 8.3% 1,119.3 3,870.5-71.1% 309.0 (148.9) 37.2 29.3 149.2 (340.9) (255.1) 33.6% 245.5 55.7 340.7% (545.2) (404.1) 34.9% (9.5) 21.2 (36.7) (9.9) 270.7% 3,804.0 5,834.6-34.8% (426.3) (443.0) -3.8% 3,377.7 5,391.6-37.4% (978.2) (1,839.8) -46.8% 2,399.5 3,551.8-32.4% 9

2013 5 2013 20131.00 0.50 2013 1.50 2013 5 2013 7 2013 9 2013 10

11 11 20136.8% 2013 16.82013 i) ii) iii) 2013 12 31 54.194.6% 2013 5 LHI 6.14 LHI 20131.89 2.3% 201322.49 2013 2013 EBITDA 2013 2013 2012 82013 20132012 2013 5 16.86.8% 2013 1.79 2013

12

13

12 31 2013 2012 ^ 656.3 1,620.0-59.5% 553.0 528.7 4.6% 1,314.6 1,132.5 16.1% 831.1 756.3 9.9% 125.7 57.2 119.8% 3,480.7 4,094.7-15.0% EBITDA ^ 254.8 642.7-60.4% 153.7 147.5 4.2% 21.9 109.0-79.9% 137.7 122.4 12.5% 104.9 24.2 333.5% EBITDA 672.9 1,045.8-35.7% ^ LHI 2013 5 30LHI 20132013 1 1 2013 5 29 14

2013 2012 2013 2012 2013 2012 2013 2012 495 495 88.9% 86.1% 2,266 2,239 2,013 1,927 652 653 90.7% 89.2% 1,883 1,866 1,707 1,665 452 445 95.1% 94.9% 1,208 1,198 1,149 1,138 380 379 80.7% 76.3% 278 274 224 209 318 318 75.1% 67.1% 242 242 182 163 380 380 74.8% 72.7% 228 219 170 159 ^ 239 46.8% 291 136 * 214 81.4% 627 511 Eaton Chelsea 1,590 1,590 68.7% 70.4% 124 125 85 88 377 374 85.7% 81.9% 277 261 238 214 96 95 82.9% 77.3% 291 296 241 229 410 411 76.3% 70.1% 177 181 135 127 33.3% 356 350 58.8% 58.1% 1,696 1,551 997 901 ^ 2013 7 1012 31 * 2013 9 2512 31 2013 5 30 LHI 2013 2013 EBITDA 2013 5 30 57.72% LHI LHI 2013 5 29 2013 112 15% 2013 3,480.7EBITDA 35.7% 2013672.9 2013EBITDA 15

16 16 2013 1 112 31 2013 20134.5% 2013 2013 2.8 88.9% 201286.1%1.2% 2,26620122,239 2013 3% 2013 201390.7%2013 1.5 90.7% 201289.2% 0.9% 1,88320121,866 2% 2013 2013 2 2013 2013 2% 2013452 95.1% 201244594.9% 1,20820121,198

40% 2013 20132012 7.3% 2013 81% 2012 76%2782012274 2013 2013 11% 2013 75% 2012 67%2422012 242 2013 6.9% 3% 2013 75% 2012 73%2282012 219 2013 78 2013 2013 7 102013 12 31 47%239 291 17

20132013 5 9 214 2013 9 252013 12 31 81%627 Eaton Chelsea 2013 7 Delta Chelsea 2013 7 1 Eaton Chelsea 2013 2013 3.3% 85 201311% 2013 69% 2012 70%1242012 125 2013 2013 2013 11.2% 2013 2013 3% 201337786% 201237482%277 2012 261 2012 8 82012 2013 83% 2012 77%2912012296 18

2013 2013 6% 2012 2013 76% 2012 70%1772012181 33.3% 201212% 9% 2013 2013 82000 33.3% 2013 2013 9 2013 9 214 10 1.81 2013 11 21 1.79 201335659% 201235058% 1,69620121,551 19

20

21

12 31 2013 2012 716.9 686.5 4.4 % 316.3 272.8 15.9 % 1,033.2 959.3 7.7% 60.35% 2013 7.7% 1,033.2 2013 2013 15.9% 316.3 2012272.8 4.4% 716.9 2013 2013 89.2% 201289.1% 80-85 85.1284.60 0.3% 12.02 1.1% 9.9 38 45 32 40 28.36 2013 12 3132.86 201351% 2013 99.0%2.89 2.64 9.5% 2.16 7.6% 2.32 22

2013 2013 1233% 114.8925.6% 144.2620134.2% 9,900 25.87 5.89 16.8% 6.884.5 16.9% 5.26 2013 20121.43 20132.51 2013 1 410 3.75% 20 286,000 1,200360 50% 2014/15 2012 2 2013 6.31 2013 9 23,000 23

LHI LHI LHI LHI LHI 2013 5 302013 5 302013 12 31LHI 20131.89 2013 LHI 13.1% 2017 4.4%2018 LHI LHI LHI 12 31 2013 2012 189.0 12 31 2013 2012 143.0 127.7 12.0% 45.1 40.9 10.3% 121.3 108.3 12.0% 25.1 24.2 3.7% 334.5 301.1 11.1% 128.2 123.8 3.6% 28.1 28.5-1.4% 51.6 42.2 22.3% 1.7 1.9-10.5% 209.6 196.4 6.7% 24

201360 73 2012 12 31 58.92013 12 3162.9 2014 1 2013 2012 12 97.6%2013 1292.9% 2012 12 79.5 2013 12 95.9 2013 100% 201312% 143 2012 127.7 20133.6% 128.2 2012 123.8 2014 1 14,852 2013 12 2012 12 92.9% 97.6% 62.9 58.9 99.4% 99.4% 95.9 79.5 25

23.6%2.9 4.2 2012 77.8% 2013 73.6% 2012201241.7 10.3% 201346.0 2013 10.3% 4,510 2013 1.4% 2,810 12 31 2013 2012 73.6% 77.8% 46.0 41.7 2013 2013353 Sacramento 500 Ygnacio123 Mission Street 2700 Ygnacio 2013 123 Mission Street 2013 11 21 2013 12 2012 12 91.1% 88.9% 36.5 33.4 26

123 Mission Street2013 93.4%201288.9% 2013 12 34.5 2012 12 33.4 123 Mission Street 201312.1% 121.3 2012108.3 353 Sacramento Street 201322.3% 5,1602012 4,220 LHI 2013 12 31 158.73 2012 12 3140.36 LHI ; 2013 12 31 LHI2013 12 31 499.56 2012 12 31427.71 71.85 LHI 2013 12 3131.8% LHI 60.35% 57.72% 27

* 2013 12 31 (3,811) (3,811) 13,636 LHI 6,048 15,873 (3,811) 49,956 57,289 2013 12 31 31.8% * 2013 12 31 20.4811.59 126.6625.4% LHI70.18 2013 12 31LHI 265.84 2013 12 31 67.84 42.0562% 3.941 7.7 2013 12 31 114.62 2013 12 31 26.5% 11.3% 50.5% 11.7% 2013 12 31575.09 2012 12 31646.49 28

2013 12 31 1.042012 12 315.27 7,7002012 12 314.54 2013 12 31 2,5803,300 2012 12 31 2,650 2013 11 2014LHI 2013 5 LHI2014 2014 3 2014 2014 2014 2 26 29

30

31

2012 8 ESG 2013 Green is the New Black ESG 32

2012 (Green Champion Working Group) 2013 2014 33

20 20 30 30 40 40 50 50 1% 32% 27% 20% 20% 51% 49% 1 1% 19% 30% 22% 28% 61% 39% 29% 10% 7% 35% 19% 1 90% 10% 85% 15% 99% 1% 1 99% 1% 88% 12% 1. 2013 34

OHSAS 18001 10,096 0 2,596 1 1,889 0 936 1. 35

2013 77 1 100% 2,3 100% 1. 2. 3. 2013 8 112 31 2014 7 36

2013 2013 2013 2013 37

EC3 Global EarthCheck ProgrammeEarthCheck EarthCheck Programme Certified Gold Certified Silver 2013Bronze Benchmarked Eaton Chelsea (Hotel Association of Canada)4 (Green Key ECOmmodation Rating) LED 2013 38

LED ISO 14001 LED 2013 39

1 465,306 490,019 2 231 220,815 1 26,457 58,778 2 6,784 50,302 1 1,338,568 2 368,771 2013 7LEED BMS MEP ER 3 2013 201217% 1. 2. 40

2013 2013 2012 41

(VOC)VOC 2013 2013 The Q. League Standards The Q. League Standards 42

ISO 9001 2013 Eaton Chelsea Top 30 Under 30 2013 HKMA 43

2013 2013 Let Children Play for One Hour Everyday 44

CSR Bronze Patron Member 2013 Green Monday Go Green Monday 4.22 2013 4 22 Green Monday Green Monday 2013 2014 Go Green Monday 4.22 45

671980 City e-solutions Limited 30 541984 30 941963 2008 12 46

65 1994 2008 1111 2000 652002 TOM 611995 1999 47

532009 8 26 20002008 7 1986 72 1967 45 77 1963 49 661970 2008 12 1971 48

49 611993 2008 12 62 1981 1988 38 (Robert Allen WARMAN) 552014 33 Capella 50 54 2002 1994 30 521989 29 601981 32 542013 Pacific Eagle Holdings Corporation 30

29 2010 412008 5 56 197733 60 2002 30 472008 50

202008 512004 492011 12 1996 17 54 25 2013 53 30 1994 9 51

A.2.1 A.2.1 A.4.1 A.4.1 52

A.4.2 1990 1990 13.74 4613 B.1.5 53

54

33% 25% 42% 4651www.GreatEagle.com.hk 55

(1)(2) 2013 3.283.29 2005 15 56

3.13 14 3 57

2013 12 31 2013 12 31 (1) 5/5 (2) 3/5 4/5 5/5 (3) 5/5 88.00% (4) /5 4/5 4/5 53.33% 5/5 4/5 5/5 5/5 95.00% 81.67% (1) (2) (3) (4) 2013 12 31 58

2013 12 31 7476 2013 12 31 1999 (a) (b) 59

(c) (d) (e) (f) LHI 2013 5 10 LHILHILHI 2013 2013 12 31 2012 12 312013 6 30 2012 2013 60

2004 (a) (b) 2013 2013 12 31 2013 2013 61

2005 (a) (b) (c) (d) 62

2013 2013 12 31 2013 2014 1 2003 (a) (b) 63

(a) (b) (c) (d) (e) www.greateagle.com.hk 64

2013 12 31130,000 2013 13 2013 2012 210,000 210,000 160,000 160,000 60,000 60,000 50,000 50,000 40,000 40,000 30,000 30,000 2013 12 31 7781 2013 12 31 44 65

2013 12 31 2013 12 31 2012 12 31 8,411 7,223 680 429 1,310 860 LHI 6,301 442 756 17,144 9,268 1210,550,000 2,139,000 (a) (b) (c) (d) 2013 12 31 66

2013 12 31 2013 12 31 2013 12 31 8788 www.greateagle.com.hk 67

20 10 1.01 enquiry@greateagle.com.hk5 68

2013 20132013 5 3 23 2 2012 12 31 43 15 2013130,000 10% 20% (a) 69

6 21 3 (b) 100 (i) (ii) 1,000 198179 7 (c) 70

2013 11.75% 5,58420124,997 20127 2013 2013 APEX (Advanced Programme for Executives) APEX ecornell20122014 1st2013 (ASTD) Excellence in Practice Citation 2013 THINK PINK 6 Think Pink FestivalThink Pink Ideas2013? 71

2013 12 31 2013 12 31 8 2013 12 31 45 19 2013 12 31 43502014 5 14 2014 6 18 2013 1023$1.002013 $2.16 37 16 172013 12 31 72

2013 12 31 20124,979,854 19992009 2,896,500 2013 12 31400,000,000.00 800,000,0000.5 639,275,964 36 2013 12 31 109(A) 2014 73

3.13 4651 13 2013 12 31 XV XV78 352 1. (8) 56,801,276 (1) 3,668,806 (2) 290,704,322 (3) 1,258,000 352,432,404 55.13 202,973 639,146 (4) 211,695,169 (5) 525,000 213,062,288 33.33 999,332 4,654,307 (6) 211,695,169 (5) 217,348,808 34.00 10,000 10,000 0.00 10,000 10,000 0.00 182,126 211,695,169 (5) 475,000 212,352,295 33.22 1,292,160 211,695,169 (5) 300,000 213,287,329 33.36 293 211,695,169 (5) 211,695,462 33.11 1,500,000 35,628,206 (7) 211,695,169 (5) 248,823,375 38.92 1,268,753 1,100,000 2,368,753 0.37 74

(1) 5,801,276 1,141,390 (2) (3) 290,704,322 (i) (ii) 211,695,169 79,009,153 (4) 639,146 534,900 104,246 (5) (3)(i) (6) 4,654,307 (7) 35,628,206 (8) 2013 12 31 639,275,964 2. (a) 2013 12 3160.35% 2013 12 311,900,000 2013 12 31 6,200,000 (b) LHI2013 12 31 57.72% 2013 12 31LHI 280,000150,000 2013 12 31306,177 (c) 2013 12 31 18.82%150,0000.045% 75

(d) MGIL2013 12 31MGIL 33.33% China Xintiandi Investment Company Limited MGIL66.67% 30% 2013 12 31 XV XV78352 8.10(2) (a) 1971 2006 CXTD 1997 (b) CXTD 76

A 1. 2013 6 13 2013 6 13 15,000,000 14,440,000 30%14A 14.070.1%5% 14A 2013 6 13 2. 2012 4 6 B11-1/02 25,000 130,000 6,000,000 7,385,400 77

30% 14.070.1% 5%14A 2012 4 920132013 12 31 5,371,0006,767,000 5,194,0002013 3. 2010 4 1 2010 10 2010 4 1 14.07 5% 2010 4 62014 1 28 2013 12 31 2014 12 31 2015 12 31 2016 12 31 98,959,000 25,000,000 32,000,000 27,000,000 35,000,000 29,000,000 37,000,000 78

4. Shui On Development (Holding) Limited SODH 2011 8 22SODH 32011 8 222014 8 21 88 Tiandi 3 15 2025 12 3180,000,00097,560,000 0.1%5% 14A.34 2011 8 22 5. 32 3201-2 3206-10 2012 12 20 32 3201-2 3206-10 2013 4 12016 3 31 2010 3 30 70% 79

14.070.1% 5% 14A.342010 3 302012 12 20 2013 3 31 2014 3 31 2015 3 31 2016 3 31 5,440,000* 8,776,000 8,945,000 9,139,000 * 2012 3 315,277,0005,440,0002012 12 20 6. 2013 2 2720122012 102013 1 60.35% 30% 14.07 0.1%5% 14A.34 2013 2 27 80

2013 3 31 2014 3 31 13,800,000 14,100,000 3 6 2013 12 31 2013 3 17,363 4 1,998 5 7,191 6 12,805 14A.372013 12 31 (1) (2) (3) 3000 740 14A.38 81

2009 2009199919992009 2009 5 2719991999 1999 1999200938 1. 2013 12 3119992009 2013 2013 1 1 12 31 08/01/2009 (1) 501,000 (283,000) 218,000 09/01/2011 08/01/2014 9.34 04/03/2010 (2) 2,446,000 (1,581,500) 864,500 05/03/2012 04/03/2015 22.80 07/03/2011 (2) 2,728,000 (1,032,000) (75,000) 1,621,000 08/03/2013 07/03/2016 26.18 08/03/2012 (2) 3,075,000 (154,000) 2,921,000 09/03/2014 08/03/2017 23.20 06/06/2013 (2) 3,353,000 (3) (187,000) 3,166,000 07/06/2015 06/06/2018 31.45 8,750,000 3,353,000 (2,896,500) (416,000) 8,790,500 (1) 1999 (2) 2009 (3) 2013 12 311,230,0002,123,000 (4) 2013 12 31 (5) 1.00 (6) 24 (7) 2013 6 62013 6 531.40 82

2. 19992009 2013 12 31 17.07 2013 1 1 2013 12 31 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 620,000 622,000 628,000 630,000 (620,000) (622,000) 628,000 630,000 22.80 26.18 23.20 31.45 32.89 32.89 1,870,000 630,000 (1,242,000) 1,258,000 08/01/2009 (1) 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 125,000 100,000 100,000 100,000 100,000 125,000 100,000 100,000 100,000 100,000 9.34 22.80 26.18 23.20 31.45 425,000 100,000 525,000 08/01/2009 (1) 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 125,000 150,000 125,000 100,000 100,000 (125,000) 150,000 125,000 100,000 100,000 9.34 22.80 26.18 23.20 31.45 32.00 500,000 100,000 (125,000) -- 475,000 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 100,000 100,000 100,000 100,000 (100,000) 100,000 100,000 100,000 22.80 26.18 23.20 31.45 32.89 300,000 100,000 (100,000) 300,000 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 200,000 300,000 300,000 300,000 200,000 300,000 300,000 300,000 22.80 26.18 23.20 31.45 800,000 300,000 1,100,000 08/01/2009 (1) 04/03/2010 (2) 07/03/2011 (2) 08/03/2012 (2) 06/06/2013 (2) 251,000 1,276,000 1,481,000 1,847,000 2,123,000 (158,000) (835,500) (410,000) (34,000) (63,000) 93,000 440,500 1,037,000 1,784,000 2,123,000 9.34 22.80 26.18 23.20 31.45 32.00 32.89 32.89 4,855,000 2,123,000 (1,403,500) (97,000) 5,477,500 83

(1) 1999 08/01/2009 09/01/2011 08/01/2014 (2) 2009 04/03/2010 05/03/2012 04/03/2015 07/03/2011 08/03/2013 07/03/2016 08/03/2012 09/03/2014 08/03/2017 06/06/2013 07/06/2015 06/06/2018 (3) 2013 12 31 (4) 1.00 (5) 24 (6) 2013 6 62013 6 531.40 2013 12 31 5% XV23 XV336 (5) HSBC International Trustee Limited 293,857,464 (1) 45.97 Powermax Agents Limited (2) 157,027,227 24.56 Surewit Finance Limited (3) 47,186,851 7.38 Adscan Holdings Limited (4) 35,628,206 5.57 84

(1) HITL2013 12 31 2013 12 31 (i) (ii) 211,695,16933.11%HITL 79,009,153 12.36%HITL (2) Powermax Agents Limited HITL157,027,227 (1)(i) (3) Surewit Finance Limited HITL47,186,851 (1)(ii) (4) Adscan Holdings Limited2013 7 10 3,764 2,355,046 (5) 2013 12 31639,275,964 2013 12 31 74 76 XV23XV336 19992009 8284 5 30% 85

711,4102012491,857 2014 4 30 25% 5271 1963 3045 2014 2 26 86

89 194 2013 12 31 90 87

2013 12 31 2014 2 26 88

2013 12 31 2013 2012 7 7,301,014 6,746,623 (4,050,484) (3,668,741) 3,250,530 3,077,882 (403,739) (372,610) 2,846,791 2,705,272 9 245,547 55,734 17 1,119,261 3,870,472 16 149,170 308,236 (149,966) 812 1,035 37,170 33 29,302 (340,948) (255,099) 10 (545,171) (404,140) (9,514) 21,221 (36,681) (9,899) 3,803,975 5,834,630 11 (426,312) (442,980) 12 3,377,663 5,391,650 2,399,472 3,551,830 71,893 836 2,471,365 3,552,666 906,298 1,838,984 3,377,663 5,391,650 15 3.76 5.63 89

2013 12 31 2013 2012 3,377,663 5,391,650 72,930 13,975 (20,587) (109,781) 111,127 (6,826) 31 18,671 5,119 (41,833) (3,081) (90,507) 130,252 3,287,156 5,521,902 2,326,773 3,682,082 71,893 836 2,398,666 3,682,918 888,490 1,838,984 3,287,156 5,521,902 90

2013 12 31 2013 12 31 2012 12 31 2012 1 1 16 13,390,302 11,216,070 10,140,331 17 68,586,519 63,630,210 59,736,676 19 391,939 555,556 514,852 20 630,700 648,710 653,490 21 1,159,141 133,711 92,775 22 43 23 186,304 77,697 24 13,048 122,487 12,295 84,357,996 76,306,744 71,228,116 25 106,490 93,754 95,240 26 604,243 551,447 457,893 27 1,851,224 22 771 23 8,875 96,251 63,634 1,257 1,798 28 67,072 24 10,711,723 4,962,339 3,732,040 13,414,032 5,608,797 4,383,222 30 2,933,907 2,479,684 2,247,230 116,386 217,159 144,821 250,202 256,562 285,442 903 32 7,042,379 3,329,626 2,585,306 33 3,051,344 10,342,874 9,334,375 5,263,702 3,071,158 (3,725,578) (880,480) 87,429,154 72,581,166 70,347,636 31 41,833 131 32 16,281,686 10,371,674 10,216,343 34 3,065,494 33 2,798,333 35 953,067 787,752 626,915 20,342,080 11,159,426 13,641,722 67,087,074 61,421,740 56,705,914 91

2013 12 31 2013 12 31 2012 12 31 2012 1 1 36 319,638 315,700 314,533 49,636,387 42,455,304 37,668,567 49,956,025 42,771,004 37,983,100 (855,761) 2,859 49,100,264 42,773,863 37,983,100 17,986,810 18,647,877 18,722,814 67,087,074 61,421,740 56,705,914 89194 2014 2 26 92

2013 12 31 2013 2012 18 1,836,909 1,572,734 29 18,735,825 19,000,000 20,572,734 20,572,734 289 292 29 2,247,427 2,873,930 5,915 7,688 2,253,631 2,881,910 6,611 8,674 2,247,020 2,873,236 22,819,754 23,445,970 36 319,638 315,700 37 22,500,116 23,130,270 22,819,754 23,445,970 93

2013 12 31 a 2012 1 1 314,533 (4,583) 3,928,316 23,788 23,109 3,054 400,965 95,158 42,956 28,761,826 33,589,122 33,589,122 182,217 4,211,761 4,393,978 18,722,814 23,116,792 2012 1 1 314,533 (4,583) 3,928,316 23,788 23,109 3,054 400,965 95,158 42,956 182,217 32,973,587 37,983,100 18,722,814 56,705,914 3,551,830 3,551,830 1,838,984 836 5,391,650 13,975 13,975 13,975 111,127 111,127 111,127 31 31 31 5,119 5,119 5,119 13,975 116,277 3,551,830 3,682,082 1,838,984 836 5,521,902 (534,573) (534,573) (534,573) (534,573) (396,814) (396,814) (396,814) 1,457 52,662 (1,860) 52,259 52,259 (80) (80) (2) (82) (290) 4,583 (8,692) (4,399) (4,399) b 1,438,246 1,438,246 (1,379,348) 58,898 16,610 16,610 16,610 (11,911) 11,911 2,025 2,025 2012 12 31 315,700 3,972,206 37,763 23,109 3,054 400,965 211,435 45,795 1,620,463 36,140,514 42,771,004 18,647,877 2,859 61,421,740 94

2013 12 31 a 2013 1 1 315,700 3,972,206 37,763 23,109 3,054 400,965 211,435 45,795 1,620,463 36,140,514 42,771,004 18,647,877 2,859 61,421,740 2,399,472 2,399,472 906,298 71,893 3,377,663 (27,106) (27,106) (17,808) (44,914) 72,930 72,930 72,930 (20,587) (20,587) (20,587) (109,781) (109,781) (109,781) (10) (6,816) (6,826) (6,826) 18,671 18,671 18,671 52,333 (97,926) (27,106) 2,399,472 2,326,773 888,490 71,893 3,287,156 (488,831) (488,831) (488,831) (488,831) (1,058,993) (1,058,993) (1,058,993) 3,938 242,469 (21,130) 225,277 225,277 (121) (121) (121) 15,042 15,042 15,042 c 600,661 600,661 (1,108,297) 9,347 (498,289) d 5,076,382 5,076,382 47,571 (939,860) 4,184,093 2013 12 31 319,638 4,214,554 90,096 23,109 3,054 400,965 113,509 39,707 (27,106) 7,297,506 37,480,993 49,956,025 17,986,810 (855,761) 67,087,074 a 1989/90 b c d (i) (ii) 2013 5 29 42.6% 5,076,382,000 95

2013 12 31 2013 2012 3,803,975 5,834,630 (1,119,261) (3,870,472) (308,236) 149,966 (151,035) (39,071) (149,170) (29,302) (20,587) (13,780) (3,267) (37,170) (812) (1,035) 545,171 404,140 403,739 372,610 36,681 9,899 15,042 16,610 9,514 (21,221) 7,794 991 410 152 257 105 673 (405) 2,994,326 2,853,209 11,449 (92,109) (12,736) 1,486 327,140 218,170 3,320,179 2,980,756 (412,304) (193,339) (16,513) (23,462) 14,137 101 15 2,905,499 2,764,071 96

2013 12 31 2013 2012 (3,635,294) (2,610,827) (1,302,879) (1,814,054) (1,166,510) (26,961) (193,105) (22,157) (110,279) (25,108) (67,072) (6,826) (116,265) (322) (49,551) 206,532 124,101 1,137 116,265 6,073 85,799 38,031 23,498 28,962 13,780 3,267 91 814 (23,468) 195,926 24,656 (9,034,223) (1,267,523) 12,614,194 2,234,205 4,260,870 3,100,982 65,601 5,399 (2,808,650) (1,375,525) (2,406,481) (899,438) (350,034) (498,289) (16,339) (495,425) (528,471) (379,788) (225,117) (322,940) (166,608) (19,740) (124,348) (39,230) (4,399) (89) 2,025 11,900,450 (278,085) 5,771,726 1,218,463 (22,342) 11,836 4,962,339 3,732,040 10,711,723 4,962,339 10,711,723 4,962,339 97

2013 12 31 1. 2. 1 7 10 11 12 192011 272011 282011 10 11 12 13-20 2009 2011 98

2013 12 31 2. 13 1313 13 13 13 13 13 6 17 13 1 11 1 1 (a)(b) 1 99

2013 12 31 2. 1011 12 282011 1011 12272011 10 1027 12 10 (a)(b) (c) 10 2010 7 23 51.28% 51.28% 48.72%3.33% 1.54%1% 2013 12 3160.35%10 102013 1 1 10 2010 7 2310 4 20122012 1 1 10 100

2013 12 31 2. 11 1131 13 282011 11 11 11 31 31 11 Wealth Joy Holdings LimitedWealth Joy31 11Wealth Joy 11 101

2013 12 31 2. 12 12 12 19 20 45 2012 12 31 1,753,296 (290,934) 3,435,451 (42,697) (149,966) (100,970) (17,605) (296,502) (2,230,860) (220,229) 1,838,984 1,838,984 1,838,984 1,838,984 102

2013 12 31 2. 2012 12 312012 1 1 2012 12 31 2012 12 31 5,333,210 58,297,000 63,630,210 20,679,926 (20,124,370) 555,556 490,956 60,491 551,447 1,257 1,257 3,565,257 1,397,082 4,962,339 (1,021,938) (1,457,746) (2,479,684) (96,331) (120,828) (217,159) (256,562) (256,562) (3,776,462) (9,924,838) (13,701,300) (3,051,344) (3,051,344) (447,711) (340,041) (787,752) (18,647,877) (18,647,877) 5,832,224 2012 1 1 2012 1 1 4,879,376 54,857,300 59,736,676 16,460,751 (15,945,899) 514,852 2,834,389 (2,834,389) 423,417 34,476 457,893 1,798 1,798 2,439,288 1,292,752 3,732,040 (817,682) (1,429,548) (2,247,230) (70,833) (73,988) (144,821) (285,442) (285,442) (3,394,168) (9,407,481) (12,801,649) (2,798,333) (2,798,333) (332,461) (294,454) (626,915) (18,722,814) (18,722,814) 4,393,978 103

2013 12 31 2. 2012 12 31 1,449,537 (1,151,694) (193,513) 104,330 19 2 32 1 36 1 39 1 2010 2012 4 2011 2013 2 9 7 9 3 10 1 12 27 9 3 14 5-21 1 1 2014 1 1 2 2014 7 1 3 9 4 2014 7 1 5 2016 1 1 104

2013 12 31 2. 9 920092010 2013 9 39 9 39 9 105

2013 12 31 3. 1 2 3 1 21 3 106

2013 12 31 3. 107

2013 12 31 3. 39 36 36 108

2013 12 31 3. 109

2013 12 31 3. 50 10% 4% 4% 10% 20% 10% 20% 20% 110

2013 12 31 3. 111

2013 12 31 3. 112

2013 12 31 3. 113

2013 12 31 3. 12 114

2013 12 31 3. 115

2013 12 31 3. 39 6(f) 116

2013 12 31 3. 117

2013 12 31 3. 118

2013 12 31 3. 119

2013 12 31 3. 120

2013 12 31 3. 4. 3 121

2013 12 31 4. 2010 7 2351.28% 2006 4 26 48.72% 3.33% 1.54% 2013 12 3160.35% 45 2010 7 23 122

2013 12 31 4. 17 22 31 33 6 123

2013 12 31 4. 1 5. 32 34 124

2013 12 31 6. (a) (i) 50 201250 502013 12 31 75,860,000201255,546,000 125

2013 12 31 6. (a) (ii) 31 2013 2012 2013 2012 6,206,881 121,635 118,894 576,650 1,155,392 3,067,258 3,385 5,128 9,776 4,572 9,642 11,128 67,154 65,499 133,070 144,290 126

2013 12 31 6. (a) (ii) 10% 201210% 10% 201210% 10% 201210% 10% 2012 10%10% 2012 10% 2013 2012 617,953 12,164 11,889 513 520 964 1,113 6,715 6,550 13,307 14,429 127

2013 12 31 6. (a) (iii) 10% 201210%) 103,025,00020127,918,000 5% 5%2013 12 318,330,000 5% 2012 12 31 10,485,00010,382,000 (b) 2013 12 31 10,711,723,000 2012 4,962,339,0002013 12 31 750,000,00020121,250,000,000 128

2013 12 31 6. (b) 1,000,000,000 342013 12 31400,000,000600,000,000 2012 12 31 3,725,578,0002012 12 31 6,380,970,000 0 3 3 6 61 1 2 2 3 3 4 4 12 31 2013 999,869 999,869 999,869 3.75% 6.09% 49,158 49,166 98,223 839,485 489,002 116,310 3,741,305 5,382,649 4,163,539 0.88% 4.91% 97,613 7,075,631 151,098 2,514,970 9,108,225 1,109,443 2,957,880 23,014,860 22,226,020 1,146,640 7,124,797 249,321 3,354,455 9,597,227 1,225,753 6,699,185 29,397,378 27,389,428 2012 697,104 697,104 697,104 3.84% 6.38% 108,142 2,822,388 10,957 21,842 21,836 372,548 3,357,713 3,237,080 0.78% 5.92% 658,244 2,507,580 212,279 7,096,113 2,310,494 112,524 595,478 13,492,712 13,207,001 1,463,490 5,329,968 223,236 7,117,955 2,332,330 485,072 595,478 17,547,529 17,141,185 129

2013 12 31 6. (b) 0 3 3 6 61 1 2 2 5 5 2013 1,936 1,753 16,001 1,680 21,370 (1,858) (1,680) (15,382) (1,636) (20,556) 78 73 619 44 814 55,859 55,859 111,718 335,154 3,606,461 4,165,051 (55,009) (3,585) (57,796) (116,469) (349,448) (3,624,577) (4,206,884) 850 (3,585) (1,937) (4,751) (14,294) (18,116) (41,833) 2012 3,228 17,220 12,060 32,508 (3,341) (17,290) (11,877) (32,508) (113) (70) 183 130

2013 12 31 6. (c) 20132012 12 31 131

2013 12 31 6. (d) 2013 2012 301,250 287,632 74,029 12,399 195,179 156,373 280,152 13,048 122,487 67,072 10,711,723 4,962,339 11,518,674 5,665,009 1,851,224 814 1,852,038 1,159,141 133,711 308,563 191,674 204,366 557,993 236,176 250,202 256,562 23,324,065 13,701,300 3,065,494 2,742,781 27,389,428 17,141,185 41,833 132

2013 12 31 6. (d) 2013 2012 20,983,252 21,873,930 5,915 7,688 20,989,167 21,881,618 (e) 6(f) 133

2013 12 31 6. (f) 1 3 1 2 3 2013 1,851,224 1,851,224 814 814 1,030,253 1,030,253 75,439 75,439 1,105,692 1,852,038 2,957,730 41,833 41,833 2012 79,175 79,175 308,563 308,563 12 134

2013 12 31 6. (f) 12 31 2013 2012 1,030,253 79,175 1 75,439 1 1,851,224 2 814 2 135

2013 12 31 6. (f) 12 31 2013 2012 41,833 2 308,563 3 33 6(a) 136

2013 12 31 6. 3 2012 1 1 (206,041) (149,966) 47,444 2012 12 31 (308,563) 308,236 327 2013 12 31 7. 2013 2012 2,272,258 2,136,399 212,896 194,562 4,434,379 4,094,726 194,662 150,309 13,780 3,267 173,039 167,360 7,301,014 6,746,623 137

2013 12 31 8. 8 138

2013 12 31 8. 3 2013 334,454 4,434,379 381,481 5,150,314 2,147,736 2,964 7,301,014 47,091 316,287 363,378 31,532 468,800 (863,710) 334,454 4,481,470 697,768 5,513,692 2,179,268 471,764 (863,710) 7,301,014 209,613 672,926 460,844 1,343,383 1,538,066 394,392 (25,311) 3,250,530 (313,243) (90,496) (403,739) 1,030,140 1,538,066 303,896 (25,311) 2,846,791 288,720 808,988 21,553 1,119,261 812 308,236 309,048 37,170 37,170 29,302 29,302 149,170 149,170 90,060 4,452 94,512 (281,055) (20,707) (42,944) 3,758 (340,948) 6,484 (329,019) (71,601) (394,136) (9,514) (9,514) (36,681) (36,681) 1,275,306 2,334,866 193,803 3,803,975 (262,725) (136,212) (27,375) (426,312) 1,012,581 2,198,654 166,428 3,377,663 (1,533) (906,298) (70,360) (978,191) 1,011,048 1,292,356 96,068 2,399,472 139

2013 12 31 8. 2012 301,135 4,094,726 320,936 4,716,797 2,029,826 6,746,623 276,530 276,530 29,188 (305,718) 301,135 4,094,726 597,466 4,993,327 2,059,014 (305,718) 6,746,623 196,424 1,045,773 373,323 1,615,520 1,465,904 (3,542) 3,077,882 (372,610) (372,610) 1,242,910 1,465,904 (3,542) 2,705,272 435,021 3,435,451 3,870,472 43,732 (192,663) (148,931) 90,107 (90,107) 16,663 16,663 (237,494) (21,147) 3,542 (255,099) 32,403 (397,472) (365,069) 21,221 21,221 (9,899) (9,899) 1,544,557 4,380,180 5,834,630 (222,751) (220,229) (442,980) 1,321,806 4,159,951 5,391,650 (836) (1,838,984) (1,839,820) 1,320,970 2,320,967 3,551,830 2013 5 30 140

2013 12 31 8. 2013 12 31 a 7,281,271 3,860,127 3,421,144 a 10,714,163 2,883,688 7,830,475 a 436,813 150,114 286,699 11,967,036 133,356 11,833,680 b 30,399,283 7,027,285 23,371,998 c 37,914,539 10,156,565 27,757,974 c 10,148,763 3,989,897 6,158,866 2012 12 31 a 5,540,951 2,211,940 3,329,011 a 12,120,390 2,843,667 9,276,723 a 576,710 166,173 410,537 3,921,659 123,520 3,798,139 b 22,159,710 5,345,300 16,814,410 c 34,653,272 8,696,678 25,956,594 (a) (b) (c) (a) 8,893,354,000 2012 3,565,257,000 5,082,384,00020123,794,515,0002013 12 313,810,970,0002012 229,258,000 380,824,0002012 352,271,000 60.35% 57.72%2012 57.86%2013 12 31 16,696,000,0002013 5 302012 12 31 141

2013 12 31 8. 2013 2012 2013 2012 4,433,464 4,184,865 70,243,958 67,008,249 955,625 718,253 7,613,078 3,497,563 485,109 526,344 734,966 766,931 552,956 528,747 1,971,400 1,973,973 563,119 500,936 985,754 1,161,246 267,970 255,362 426,250 436,580 42,771 32,116 1,415 1,738 7,301,014 6,746,623 81,976,821 74,846,280 10% 142

2013 12 31 9. 2013 2012 136,148 36,238 8,996 2,252 3,639 2,833 151,035 39,071 71,210 14,098 20,587 405 2,715 2,160 245,547 55,734 10. 2013 2012 5 260,121 170,959 5 42,356 33,372 5 69,969 160,244 5 107,648 65,077 39,565 545,171 404,140 143

2013 12 31 11. 2013 2012 202,819 275,484 34,536 17,800 237,355 293,284 10,404 (2,265) 4,541 (1,665) 14,945 (3,930) 252,300 289,354 35 219,212 141,242 (40,857) 12,384 (4,343) 174,012 153,626 426,312 442,980 16.5% 2013 2012 3,803,975 5,834,630 16.5% 201216.5% 627,656 962,714 32,726 57,850 (247,236) (651,626) (25,912) 8,454 1,570 (3,501) 6,052 1,633 27,805 52,185 (100,207) (35,053) 97,252 47,943 6,606 2,381 426,312 442,980 144

2013 12 31 12. 2013 2012 1,817,401 1,695,541 15,042 16,610 1,832,443 1,712,151 403,739 372,610 10,550 8,735 10,534 9,978 991 589,765 542,377 105 673 7,794 40,960 410 152 15,512 6,002 3,902 10,111 13,780 3,267 20,587 70,626 14,098 405 314,863,000 2012274,195,000 1,957,395 1,862,204 34,748,000 145

2013 12 31 13. 2012 2013 130 130 130 10,500 5,787 3,331 434 20,182 130 1,514 254 530 69 2,497 420 420 380 380 380 380 290 290 130 1,335 244 544 67 2,320 130 539 99 530 27 1,325 130 130 130 130 130 5,099 2,252 1,591 255 9,327 2,510 18,987 8,636 6,526 852 37,511 2012 130 130 130 9,853 2,636 3,906 406 16,931 130 1,434 276 626 66 2,532 420 420 380 380 380 380 290 290 130 1,277 266 744 64 2,481 130 516 108 626 26 1,406 130 130 130 130 130 4,834 1,289 1,807 242 8,302 2,510 17,914 4,575 7,709 804 33,512 146

2013 12 31 13. 2012 2012 2013 2012 13,824 14,910 2,711 1,582 820 925 764 960 18,119 18,377 2013 2012 4,500,001 5,000,000 1 5,000,001 5,500,000 1 5,500,001 6,000,000 1 6,000,001 6,500,000 1 6,500,001 7,000,000 1 7,000,001 7,500,000 1 3 3 147

2013 12 31 14. 2013 2012 2012 12 3143 20122011 12 3140 272,684 251,604 2013 12 3123 20122012 12 3123 147,033 145,210 2013 12 31 1 2012 639,276 1,058,993 396,814 2013 6 212012 12 3143 20122011 12 3140 2013 2012 113,129 204,824 159,555 46,780 272,684 251,604 2013 2012 2013 12 31 4320122012 12 31 43 274,889 271,502 2013 12 31 502012 319,638 594,527 271,502 2013 12 31 148

2013 12 31 15. 2013 2012 3.76 5.63 3.32 5.58 2013 2012 2,399,472 3,551,830 (272,939) (24,589) 2,126,533 3,527,241 2013 2012 638,390,959 631,186,495 1,274,695 417,885 639,665,654 631,604,380 (i) (ii) 2013 6 149

2013 12 31 16. 2012 1 1 1,302,832 2,349,418 9,258,229 517,979 135,114 1,006,276 3,582 81 14,573,511 32,969 147,664 (1,251) 18,012 197,394 44,002 266,423 714,913 282,099 36 1,307,473 (774) (3,338) (4,112) 2012 12 31 1,379,803 2,349,418 9,671,542 1,231,641 135,114 1,303,049 3,582 117 16,074,266 (23,115) (179,627) 488 (46,358) 2 (248,610) 333,422 1,522,605 418,189 330,892 999 11 2,606,118 1,484,566 (1,650,318) 165,752 (16,303) (1,038) (1) (17,342) 2013 12 31 1,690,110 2,349,418 12,499,086 135,114 1,737,032 3,543 129 18,414,432 2012 1 1 217,824 733,328 2,724,566 20,358 734,207 2,864 33 4,433,180 1,052 40,821 13,006 54,879 44,765 195,187 5,275 127,122 242 19 372,610 (2,473) (2,473) 2012 12 31 218,876 778,093 2,960,574 25,633 871,862 3,106 52 4,858,196 90 (50,015) (28,123) 1 (78,047) 44,764 216,266 5,275 137,122 292 20 403,739 (19,270) (140,790) 10,890 (149,170) (9,550) (1,038) (10,588) 2013 12 31 199,696 822,857 2,986,035 30,908 982,201 2,360 73 5,024,130 2013 12 31 1,490,414 1,526,561 9,513,051 104,206 754,831 1,183 56 13,390,302 2012 12 31 1,160,927 1,571,325 6,710,968 1,231,641 109,481 431,187 476 65 11,216,070 150

2013 12 31 16. 330,892,0002012282,099,000 95,928,000201288,001,00014,655,0002012 26,196,00049,534,0002012102525 2013 12 31 2013 12 31 1,508,292,00020121,552,897,00018,269,000201218,428,000 2013 12 31149,170,000 20122013 12 31 10% 17. 2013 2012 1 1 63,630,210 59,736,676 312 (2,471) 3,726,894 109,842 25,533 1,119,261 3,870,472 12 31 68,586,519 63,630,210 (a) 65,825,320,0002012 62,543,520,000 151

2013 12 31 17. (b) 2013 7 11 2,155,302,000 183,201,000100,000 325,000 2013 10179,000,000 1,387,966,000 (c) 2013 12 31 68,491,799 2013 1 1 63,535,490 312 3,726,894 109,534 1,119,569 12 31 68,491,799 (d) 2013 2012 4,022,600 4,047,520 61,802,720 58,496,000 2,761,199 1,086,690 68,586,519 63,630,210 (e) 20132012 12 31 Cushman & Wakefield Western, Inc. 152

2013 12 31 17. 2013 12 31 3,373,600 3 (i) (ii) 4.3% 4.75% (i) (ii) 37,900,000 3 (i) (ii) 3.3% 4.25% (i) (ii) 23,609,000 3 (i) (ii) 4.0% (i) (ii) 848,000 3 (i) (ii) 3.5% 4.0% (i) (i) 153

2013 12 31 17. 94,720 2 2,761,199 3 7.25% 9.25% (ii) (i) (ii) (iii) 6% 7.5% (ii) (i) (i) (ii) 3 18. 2013 2012 1,836,909 1,572,734 45 154

2013 12 31 19. 2013 2012 12 12 a 189,198 189,198 2,596 2,596 43,760 83,598 235,566 275,404 b 156,373 280,152 391,939 555,556 184,574 140,777 (a) (b) 2010 8 SOIMGIL 24,118,000188,120,000MGIL2011 9 SOLSOI SOL MGILMGIL44 2013 12 31MGIL123,779,0002012MGIL49,551,000 46 155

2013 12 31 19. 2013 2012 21,755 37,836 2,014,603 2,112,825 (238,526) (651,359) (1,006,657) (213,310) 282,849 244,930 3,663 (6,754) (100,379) (29,854) (23,098) 2013 2012 791,175 1,285,992 33.33% 33.33% 1,881 1,881 265,606 430,545 2013 2012 23,946 31,172 873 31 24,819 31,203 23,498 28,962 126,333 125,011 156

2013 12 31 20. 2013 2012 632,612 632,612 (1,912) 16,098 630,700 648,710 2010 2 Wealth Joy Wealth JoyWealth Joy Wealth Joy Wealth Joy 2013 12 31 630,700,0002012648,710,000 47 2013 2012 2,270,673 1,791,432 9,652 1,202 (254,905) (114,224) (764,020) (380,990) 133,274 194,804 (106,628) (52,152) (764,020) (380,990) 157

2013 12 31 20. 2013 2012 246 60 (73,608) (19,858) 37,342 10,238 (1,348) (514) 46 18 2013 2012 Wealth Joy 1,261,400 1,297,420 Wealth Joy 50% 50% Wealth Joy 630,700 648,710 158

2013 12 31 21. 2013 2012 639,659 79,175 390,594 75,439 246 24,440 53,203 30,096 1,159,141 133,711 1,105,692 79,175 22. 2013 2012 814 (771) 43 2012 1,998,00020,558,00020123,176,000 32,479,000 201520122013 159

2013 12 31 23. 2013 2012 175,970 19,209 195,179 (8,875) 186,304 175,970,00019,209,000 (i) 37,177,000900,0002,000,000 2.63% 9.50% 2016 42018 4 (ii) 138,793,0002,000,000 10,000,000 30.6%2.075% 8.50% 2014 62016 6 15,000,000 3.25%2015 6 160

2013 12 31 24. 2012 12 3115,000,000116,265,000 2013 9 25 13,048,00020126,222,000 30.001% 4% 20120.001% 4.68% 25. 2013 2012 42 42 9,674 12,149 3,346 2,951 47,450 40,449 45,978 38,163 106,490 93,754 26. 2013 2012 301,250 287,632 101,931 125,574 74,029 12,399 127,033 125,842 604,243 551,447 30 60 30 161

2013 12 31 26. 2013 2012 0 3 226,481 200,475 3 6 14,740 21,530 6 60,029 65,627 301,250 287,632 20132012 12 31 74,769,000201287,157,000 2013 2012 3 6 14,740 21,530 6 60,029 65,627 74,769 87,157 2013 2012 1 1 21,007 67,563 (46,151) 991 (405) 12 31 21,998 21,007 162

2013 12 31 27. 2013 2012 1,095,944 755,280 1,851,224 (i) 500,0005,000,000 (ii) 3,000,00030,000,000 (i) 118,750,000 (ii) 106,000,0006.161 28. 8,650,00067,072,00020% 2014 3 11 163

2013 12 31 29. 2013 12 312,247,427,00020122,873,930,000 2013 12 31 18,735,825,000201219,000,000,000 30. 2013 2012 191,674 204,366 708,124 638,435 11,844 17,020 2,022,265 1,619,863 2,933,907 2,479,684 963,475,0002012963,475,000 4.25% 20124.25% 22,670,000,000 91,600,0002012 2013 2012 0 3 179,568 192,222 3 6 1,295 1,646 6 10,811 10,498 191,674 204,366 164

2013 12 31 31. 2013 2012 41,833 200,000,000 2023 1 17 7.75981 3.75% 100,000,000 2023 1 17 7.761 3.75% 50,000,000 2023 1 17 7.76131 3.75% 50,000,000 2023 1 17 7.75411 3.75% 41,833,000 3,081,000 165

2013 12 31 32. 2013 2012 20,912,276 12,751,958 2,570,107 996,557 23,482,383 13,748,515 (158,318) (47,215) 23,324,065 13,701,300 2013 2012 7,042,379 3,329,626 2,982,800 7,014,119 13,298,886 3,357,555 23,324,065 13,701,300 (7,042,379) (3,329,626) 16,281,686 10,371,674 2013 2012 18,855 108,032 706,650 6,794 372,540 7,077 372,396 1,098,045 494,299 166

2013 12 31 32. 2013 2012 7,023,524 3,221,594 2,276,150 7,007,325 8,933,764 2,283,519 1,055,311 99,287 2,937,271 595,276 22,226,020 13,207,001 2013 2012 3.84% 6.09% 3.84% 6.09% 0.88% 4.91% 0.78% 5.92% 33. 2008 6 3Fair Vantage Limited4,680,000,000 2013 61% 2009 6 32013 6 32013 5 21 3.34 (a) (b) 167

2013 12 31 33. 2013 6 3 123.94% 20 130% 2011 6 3 2008 6 3 5.25% 2012 810,000 2,215 2,340,400,000 Bright Form Investments LimitedBright Form 2,340,000,000518,399,000 680,438,837 Bright Form 57.7% 2012 12 31 2012 12 312,264,590,000 322,940,000 (a)322,940,000(b) 12,395,029 29,302,000 57.97%57.85% 123.94%2,406,481,0001,941,650,000 168

2013 12 31 33. 6.375% 2012 12 31 2012 3.71 0.05% 5.53% 42% 2013 2012 2,742,781 2,592,292 71,136 164,504 (7,950) (20,827) (399,486) 6,812 (2,406,481) 2,742,781 308,563 206,041 (308,236) 149,966 (327) (47,444) 308,563 3,051,344 2013 2012 3,051,344 169

2013 12 31 34. 2013 2012 3,101,600 (36,106) 3,065,494 2012 12 61,000,000,000 400,000,000 3.75%2023 1 17 35. 2012 1 1 927,430 (334,249) 33,734 626,915 8,842 (1,625) (6) 7,211 115,694 38,433 (501) 153,626 2012 12 31 1,051,966 (297,441) 33,227 787,752 (9,464) 756 11 (8,697) 167,503 25,855 (15,003) 178,355 (4,768) 425 (4,343) 2013 12 31 1,205,237 (270,405) 18,235 953,067 170

2013 12 31 35. 2,936,544,00020123,384,319,000 1,159,229,00020121,182,515,000 1,777,315,00020122,201,804,000 626,434,0002012 775,604,000626,434,0002012775,604,000 1,216,000,0002012967,860,000 36. 2013 2012 (a) (b) 0.50 800,000 400,000 800,000 400,000 0.50 631,399 315,700 629,067 314,533 2,897 1,448 578 289 4,980 2,490 2,334 1,168 (580) (290) 639,276 319,638 631,399 315,700 2013 12 3132.04201220.04 4,979,8542012 2,334,3380.50 171

2013 12 31 36. 2012 12 31 2012 1 277,000 16.68 15.54 4,381 277,0002012 1 37. 2012 1 1 3,928,316 3,054 424,627 42,956 18,908,746 23,307,699 52,662 (1,860) 50,802 (80) (80) (8,692) (8,692) 16,610 16,610 (11,911) 11,911 160,745 160,745 (396,814) (396,814) 2012 12 31 3,972,206 3,054 424,627 45,795 18,684,588 23,130,270 242,469 (21,130) 221,339 (121) (121) 15,042 15,042 192,579 192,579 (1,058,993) (1,058,993) 2013 12 31 4,214,554 3,054 424,627 39,707 17,818,174 22,500,116 1989/90 172

2013 12 31 38. 1999 6 102001 12 20 1999 2009 5 272009 200919992009 2009 5 271019991999 1999 1999 a. 1999 b. 1999 c. 1999 0.50 199910% d. 1999 12 1% e. 24 36 361 173

2013 12 31 38. 1999 f. 281.00 g. (i) (ii) 5 2009 a. 2009 b. 2009 c. 2009 0.50 200910% d. 2009 12 1% e. 24 36 361 174

2013 12 31 38. 2009 f. 281.00 g. (i) (ii) 5(iii) 2009 h. 20092009 5 2710 19992009 1999 2013 2013 1 1 2013 12 31 2009 501,000 (283,000) 218,000 218,000 9.34 9.34 9.34 2012 2012 1 1 2012 12 31 2007 1,529,000 (1,529,000) 2009 1,073,000 (572,000) 501,000 2,602,000 (572,000) (1,529,000) 501,000 501,000 16.99 9.34 22.35 9.34 175

2013 12 31 38. 2009 2013 2013 1 1 2013 12 31 2010 2,446,000 (1,581,500) 864,500 2011 2,728,000 (1,032,000) (75,000) 1,621,000 2012 3,075,000 (154,000) 2,921,000 2013 3,353,000 (187,000) 3,166,000 8,249,000 3,353,000 (2,613,500) (416,000) 8,572,500 2,485,500 24.07 31.45 24.13 27.45 26.77 2012 2012 1 1 2012 12 31 2010 2,529,000 (6,000) (77,000) 2,446,000 2011 2,896,000 (168,000) 2,728,000 2012 3,210,000 (135,000) 3,075,000 5,425,000 3,210,000 (6,000) (380,000) 8,249,000 2,446,000 24.60 23.20 22.80 24.44 24.07 176

2013 12 31 38. 2009 19992009 1999 2013 2013 1 1 2013 12 31 2009 250,000 (125,000) 125,000 2012 2012 1 1 2012 12 31 20072009 1,412,000 (362,000) (800,000) 250,000 2009 2013 2013 1 1 2013 12 31 20102013 3,645,000 1,230,000 (1,342,000) 3,533,000 2012 2012 1 1 2012 12 31 20102012 2,417,000 1,228,000 3,645,000 2013 12 31 19992009 32.0032.83201222.3523.80 177

2013 12 31 38. 2009 19992009 1999 2007 4.1.2007 5.1.2009-4.1.2012 22.35 2009 8.1.2009 9.1.2011-8.1.2014 9.34 2009 2010 4.3.2010 5.3.2012-4.3.2015 22.80 2011 7.3.2011 8.3.2013-7.3.2016 26.18 2012 8.3.2012 9.3.2014-8.3.2017 23.20 2013 6.6.2013 7.6.2015-6.6.2018 31.45 (i) (ii) (iii) (iv) 1.00 2007 1 32009 1 72010 3 32011 3 42012 3 72013 6 5 0.5021.909.4523.0026.10 21.9031.40 24 6.6.2013 8.3.2012 7.3.2011 4.3.2010 8.1.2009 4.1.2007 31.45 23.20 26.18 22.80 9.34 22.35 a 30.27% 33.32% 31.90% 48.98% 52.48% 41.76% b 2.35% 2.79% 2.28% 2.46% 5.75% 1.40% 5 5 5 5 5 5 c 0.72% 0.50% 1.88% 1.65% 1.31% 3.82% 6.98 5.44 6.57 8.51 3.16 7.79 (a) (b) (c) 5 2013 12 31 15,042,000201216,610,000 178

2013 12 31 39. 5% 10% 2000 2000 12 1 5% 10% 5% 2013 12 31650,0002012361,000 2013 12 31 59,485,000 201254,827,0002013 12 311,072,000 20122,369,000 40. (i) 2013 12 3132.04201220.04 4,979,854 20122,334,3380.50 (ii) 2013 12 3112,395,029 2012 12 3133 116,279 179

2013 12 31 41. 2013 12 31 (a) 49,912,799,000201258,176,490,000 (b) 7,474,527,0002012 6,164,721,000 (c) 122,442,0002012127,875,000 42. 2013 12 31 103,599,0002012527,447,00077,436,000 2012454,405,000 2013 12 3125,800,000 33,050,000 2012 26,500,000 32,500,000 180

2013 12 31 43. 2,272,258,00020122,136,399,000 1 6 2013 12 31100,382,000201296,406,000 2013 2012 1 2,039,101 1,881,462 2 5 3,120,966 2,805,855 5 468,069 95,673 5,628,136 4,782,990 181

2013 12 31 43. 2013 2012 1 7,781 12,567 2 5 7,731 4,314 15,512 16,881 1 3 44. 33.11% Wealth Joy 14A 2013 2012 12 31 1,182 900 1,456 182

2013 12 31 44. 2013 2012 12 31 6,223 4,393 968 887 307 703 3,004 131 96 600 600 12,805 3,174 3,029 236 975 1,032 1,023 1,018 5,194 Shui Sing Holding Limited 600 600 564 509 240 240 12 31 MGIL 10,502 5,634 6,861 7,164 1,920 387 12 31 Wealth Joy 20,428 20,001 11,956 11,956 3,411 1,433 183

2013 12 31 44. 2013 2012 12 31 19(b) 23 23 City Apex Limited 12,054 12,054 MGIL 1 144,296 268,075 156,373 280,152 2 MGIL 5,989 8,556 2 Wealth Joy 48,888 52,025 2 41 1,161 678 39 596 324 1,315 1,524 2 1,139 824 58 1,197 824 2 () Wealth Joy 96 1 2013 12 31MGIL331,613,0002012455,392,000 2 13 184

2013 12 31 45. 20132012 12 31 2013 2012 Jolly Trend Limited 21 100% 100% 2013 2012 2 1 100% 100% 11 93% 92.5% 2 1 100% 100% 2 1 100% 100% 16,000,000 1 100% 100% Eagle Property Management (CP) Limited 11 100% 100% 2 1 100% 100% 1,000 10 100% 100% 2 1 100% 100% 11 100% 100% GE (LHIL) Lessee Limited* 11 100% 11 100% 100% 11 100% 100% 1,000 1 93% 92.5% 2 1 100% 100% 185

2013 12 31 45. 2013 2012 5,000 1 100% 100% 11 100% 100% * 11 100% 10,000 1 100% 100% 11 100% 100% 10,000,000 1 100% 100% 2 1 100% 100% 11 100% 100% 2 1 100% 100% 2,000,000 0.5 100% 100% 2 10 100% 100% 2 1 100% 100% 2 10 100% 100% 100,000 100 100% 100% 1,800,000 1 100% 100% 2,000,000 1 93% 92.5% 2 1 100% 100% 2 1 100% 100% Zamanta Investments Limited 100 10 100% 100% 11 60% 60% 186

2013 12 31 45. 2013 2012 Bright Form Investments Limited 1 1 100% 100% Ecobest Ventures Limited* 1 1 100% Fine Noble Limited 1 1 100% 100% G.E. Hotel (Xintiandi) Limited 1 1 100% 100% Great Eagle Nichemusic Limited 1 1 100% 100% Keen Flow Investments Limited 1 1 100% 100% LHIL Assets Holdings Limited* 1 1 100% Main Treasure Holdings Limited 1 1 100% 100% Nelsprite Limited 1 1 100% 100% Queenbrook Investments Limited 1 1 100% 100% Top Domain International Limited 1 1 100% 100% Benington Limited 10010 60.35% 57.86% CP (A1) Limited 1 1 60.35% 57.86% CP (B1) Limited 1 1 60.35% 57.86% CP (MC) Limited 1 1 60.35% 57.86% CP (PH) Limited 1 1 60.35% 57.86% CP (SH) Limited 1 1 60.35% 57.86% CP (WC) Limited 1 1 60.35% 57.86% CP Finance Limited 1 1 60.35% 57.86% CP (Portion A) Limited 21 60.35% 57.86% CP (Portion B) Limited 21 60.35% 57.86% CP Glory Limited 1 1 60.35% 57.86% CP Wealth Limited 1 1 60.35% 57.86% 187

2013 12 31 45. 2013 2012 1 1 60.35% 57.86% 21 60.35% 57.86% 21 60.35% 57.86% Renaissance City Development 210 60.35% 57.86% Company Limited 1,000,0001 60.35% 57.86% 1 1 60.35% 57.86% 21 60.35% 57.86% 5,0001 57.72% 100% 21 57.72% 100% 21 57.72% 100% * 1 1 57.72% Great Eagle Hotels (UK) Limited 1 1 100% 100% Great Eagle Hotels (Canada) Limited 101 100% 100% Katesbridge Group Limited 1 1 100% 100% Ruby Dynasty Limited 1 1 100% 100% Southgate Hotel Management Pty. Ltd. 17,4082 100% 100% The Great Eagle Hotels (NSW) Trust 100 1 100% 100% The Great Eagle Hotels (Victoria) Trust 108,688,2061 100% 100% NSW Hotel Management Pty Ltd 21 100% 100% 188

2013 12 31 45. 2013 2012 Great Eagle Hotels (New Zealand) Limited 1 1 100% 100% Great Eagle Hotels (Auckland) Limited 1,000 100% 100% Pacific Chicago LLC 8,000,000 100% 100% Pacific EIH Sacramento Corporation 1001 100% 100% Pacific Fifth Avenue Corporation* 1000.01 100% Pacific Dolphin Corporation 100 100% 100% Pacific Huntington Hotel Corporation 1000.001 100% 100% Pacific Mission Corporation* 1000.01 100% Pacific 2700 Ygnacio Corporation 1001 100% 100% Pacific Ygnacio Corporation 100 100% 100% Shorthills NJ. Inc. 1001 100% 100% Champion MTN Limited 1 1 60.35% 57.86% Ernest Limited 1001 60.35% 57.86% Fair Vantage Limited 1 1 60.35% 57.86% * 2013 12 31 20132012 12 31 189

2013 12 31 45. 20132012 12 31 2013 2012 2013 2012 2013 2012 39.65% 42.14% 906,298 1,838,984 17,986,810 18,647,877 42.28% 70,360 (859,919) 2013 12 31 60.35% 57.72% 42013 12 31 39.65% 42.28% 2.01% 190

2013 12 31 45. 2013 2012 1,315,423 1,594,586 61,509,000 58,297,000 (9,426,965) (7,827,153) (8,033,498) (7,812,233) 17,986,810 18,647,877 2,179,268 2,059,014 (1,004,609) (1,211,623) 2,198,654 4,159,951 (1,201,226) (1,186,217) a 997,428 2,973,734 b (44,914) c 952,514 2,973,734 906,298 1,838,984 (17,808) 888,490 1,838,984 488,831 534,573 1,207,998 1,292,974 (2,298,056) 3,166 759,413 (1,191,810) (330,645) 104,330 191

2013 12 31 45. 2013 2012 a 579,961 1,669,323 417,467 1,304,411 997,428 2,973,734 b (27,106) (17,808) (44,914) c 552,855 1,669,323 399,659 1,304,411 952,514 2,973,734 192

2013 12 31 45. 2013 2012 886,740 16,696,009 (69,485) (6,843,018) 4,511,380 (859,919) 471,764 (196,966) 445,275 12,574,602 13,019,877 70,360 70,360 301,499 (1,253) 415,679 715,925 193

2013 12 31 46. 20132012 12 31 2013 2012 City Apex Limited 3,5001 23% 23% 31 33.33% 33.33% 332,410,000 0.2 18.82% 19.07% City Apex Limited50% 47. 20132012 12 31 2013 2012 Wealth Joy Holdings Limited 21 50% 50% 194

3 5 35,000 100% 100 34,000 100% 23 270,000 100% 1 6,000 100% 4H 23,000 100% 380 8 555 99 200021 3 8 339,000 57.72% 375,000 57.72% 580,000 57.72% 579,000 33.33% 1,559,000 60.35% 1,293,000 60.35% 195

1B & 1C Portland Place, Regent Street, London, W1B 1JA, United Kingdom Eaton Chelsea 33 Gerrard Street West, Toronto, Ontario M5G 1Z4, Canada One Southgate Avenue, Southbank, Melbourne, Victoria 3006, Australia 83 Symonds Street, Auckland 1140, New Zealand 500 Pacific Ygnacio Plaza 500 Ygnacio Valley Road, Walnut Creek, CA 94596, USA 2700 Ygnacio Valley Road 2700 Ygnacio Valley Road, Walnut Creek, CA 94598 USA 250 Franklin Street, Boston, MA 02110, USA 353 Sacramento Street 353 Sacramento Street, San Francisco, CA 94111, USA 363,000 100% 1,130,000 100% 385,000 100% 309,000 100% 110,000 100% 110,000 100% 281,000 100% 307,000 100% 196

( ) 1401 South Oak Knoll Avenue, Pasadena, California 91106, USA 89-113 Kent Street, Sydney, NSW 2000, Australia 330 North Wabash, Chicago, IL 60611, USA 400 Fifth Avenue, New York 10018, USA 123 Mission 123 Mission Street, San Francisco, CA 94105, USA 489,000 100% 129,000 100% 342,000 100% 297,000 100% 418,000 100% C04* 3,079,000 50% * 2014/15 197

12 31 2009 2010 2011 2012 2013 () () () 3,958,366 5,481,195 6,391,956 6,746,623 7,301,014 1,040,755 11,225,541 7,717,526 5,834,630 3,803,975 192,210 (242,447) (353,569) (442,980) (426,312) 1,232,965 10,983,094 7,363,957 5,391,650 3,377,663 1,232,965 8,886,117 4,227,203 3,551,830 2,399,472 2,096,977 3,136,754 1,838,984 906,298 836 71,893 1,232,965 10,983,094 7,363,957 5,391,650 3,377,663 2.00 7.51 6.70 5.63 3.76 2.00 7.48 6.57 5.58 3.32 28,166,300 70,160,295 75,611,338 81,915,541 97,772,028 (5,463,566) (20,188,098) (18,905,424) (20,493,801) (30,684,954) 22,702,734 49,972,197 56,705,914 61,421,740 67,087,074 22,702,734 33,875,173 37,983,100 42,771,004 49,956,025 16,097,024 18,722,814 18,647,877 17,986,810 2,859 (855,761) 22,702,734 49,972,197 56,705,914 61,421,740 67,087,074 198

1999 1999 6 102001 12 20 2009 2009 5 27 2778104 2013 12 31 60.35% 550 2013 12 31 18.82% EBITDA HITL HSBC International Trustee Limited HKAS 199

HKFRS HKICPA LHI 1270 2013 5 30 2013 12 31 57.72% MGIL 2013 12 31 33.33% RevPAR 571 200

www.greateagle.com.hk www.hkexnews.hk i ii iii GreatEagle.ecom@computershare.com.hk

QR 23 33 : 2827 3668 : 2827 5799 www.greateagle.com.hk