2 3 4 8 11 21 26 39 44 46 47 49 50 52 1
2 Century Yard, Cricket Square, Hutchins Drive P.O. Box 2681 GT George Town Grand Cayman Cayman Islands British West Indies 2 C 12 100190 183 46 4607-4608 www.icss.com.cn MBA, FCCA, CPA CHARTERED ACCOUNTANT, FTIHK MBA, FCCA, CPA CHARTERED ACCOUNTANT, FTIHK MBA, FCCA, CPA CHARTERED ACCOUNTANT, FTIHK Bank of Butterfield International (Cayman) Ltd. Butterfield House, 68 Fort Street P.O. Box 705 George Town Cayman Islands 183 46 58 56 22 354
382,275 355,236 811,552 983,372 1,104,602 48,714 (51,972) 131,448 80,979 (107,077) (5,718) (11,881) (8,908) (9,254) (13,480) 42,996 (63,853) 122,540 71,725 (120,557) 39,656 (66,593) 115,445 63,335 (126,743) 3,340 2,740 7,095 8,390 6,186 42,996 (63,853) 122,540 71,725 (120,557) 7,394 18,309 797 4,406 438,765 661,221 1,362,272 1,405,047 1,468,512 (129,730) (427,566) (587,584) (534,935) (691,498) 309,035 233,655 774,688 870,112 777,014 3
4 1 2008 2 IAOP 2009100 3 AAA 2008 ERP 4 MES MES
5 ETC IT IBM SOA 6 2009 2009 7 8 2009 Microsoft Premier Vendor 5
6 9 2009 10 MHL 11 60 IT
12 IT IT 0950 ETC ETC 7
8 2009 IT 2009 2009 IT IT 1112%9.21 24% ETC 5ETC ETC ETC COE 2010 ETC
7759 61% 2010 2009 9
10
1,104,602983,372 12%920,917742,302 24% i)ii) iii) iv) 28% 28% 41% 3% 37% 26% 35% 2% 24% 22% 49% 5%29% 22% 46% 3% 336,978 23% 30.5% 27.9% 2.6% 2009 2008 2009 3.49 27.4%37.9% 2008 3.9% 2009 3.5% 2007 3.6% (accrued expenses)2008 44.8 2009 76.4 EBITDA EBITDA69,828 16% EBITDA6.3% 8.5%2.2% 2005 EBITDA 11
12 EBITDA 09 47 2008 21 0912091.29 2008 1.05 22.8% 09 14.0 08 14.1% 0920081.2% 09 0826.0% 24.8% (1) 2009 2.55 2008 3.35 09 6 20.4% 2008 39.0% 2007 37.3% (2) 09 3.6 2008 2.7 2007 2.7 (3) 092.97 862008 2.66 92 2003 7 3.93 3.77 2.61 6.4%4.8% 1.6% 50%
15.8% 13.9% 1.9% 27% 1.8% 1.6% 0.2% 24% 23,495 17,733 32% 23,612 21,418 10% 2009 1,104,60212% 920,91724% 183,68524% ETC (Excellence Training Center) IT 13
14 20097,759 2,943 61% 2,291 87% 503 26% 308,56914% 225,1174% 83,45242% 73% 27% IT 2009
MES MES ERP MES ERP MES IT 305,757 18% 205,52427% 100,2332% 220 6 VisionPlus IBM Mainframe 10 10%25 15
16 7 11 620 Hi-tech MNC IT IT 455,5382008 32% Hi-tech MNC IT IT
Premier Vendor SAP IT CAD BPO BPO CAD VALWAY1212010 2010 17
18 IT50 ISO9001 IT CPLS SUN Java ASEC IBMPrometric 2005 5R ETCCOEETC ETC ETC ETC ETC
2005 IAOP 2009100 2008 IBM SOA 2009-2009 ETC2009 19
20 0950 ETC 2008,
47 47 W&P 37 57 (3C) 21
22 (i) (ii) (iii) 48 35 Pepperdine 37ITG 44
48 61 49 49 42 2001 E-House Vimicro (Nasdaq): AAMA2005 53 Clarles Sturt University 23
24 48 Portolan Commerce Solutions 48ITO CEO 18 IT IT Atos Origin University of Wollongong 51 IBM AMD IBM AMD 47 Phoenix Medical Equipment Company Weijiang Plastics Co. Ltd. Chongqing Three Gorges Liner Corporation
54 CEO 1984 1997 1997 (CEIBS) EMBA 2008 25
26 1 46 3 421,461,000 27 12
3.13 87 27
28 (i) (ii) 70,00010,00010,000 120% (iii) 5% (iv) 10,000 120,000 10,000
9 32 161 161A 571 XV352 0.05 67,387,608 6.66% 20,000,000 1.98% 11,747,765 1.16% 8,087,838 0.80% 29
30 1 1.78 3,800,000 0.38% 8,800,000 (5) 1.37 5,000,000 0.50% (6) 0.65 500,000 0.05% 500,000 (2) 0.65 1,000,000 0.10% 11,000,000 (2) 1.37 10,000,000 0.99% (6) 0.58 80,000 0.01% 6,180,000 (2) 0.65 1,300,000 0.13% (3) 0.97 800,000 0.08% (4) 1.78 2,000,000 0.20% (5) 1.37 2,000,000 0.20% (6) 0.58 250,000 0.02% 7,600,000 (2) 0.65 1,750,000 0.17% (3) 0.97 1,000,000 0.10% (4) 1.78 2,000,000 0.20% (5) 1.37 2,600,000 0.26% (6) 1.78 750,000 0.07% 750,000 (5)
(1) 1,200,000 0.97 8,800,000 (2) 13/08/2004 12/08/2013 25% 13/08/2005 12/08/2013 25% 13/08/2006 12/08/2013 25% 13/08/2007 12/08/2013 25% (3) 13/05/2004 12/05/2014 25% 13/05/2005 12/05/2014 25% 13/05/2006 12/05/2014 25% 13/05/2007 12/05/2014 25% (4) 30/03/2006 29/03/2016 25% 30/03/2007 29/03/2016 25% 30/03/2008 29/03/2016 25% 30/03/2009 29/03/2016 25% 31
32 (5) 10/04/2007 09/04/2017 25% 10/04/2008 09/04/2017 25% 10/04/2009 09/04/2017 25% 10/04/2010 09/04/2017 25% (6) 14/04/2008 13/04/2011 50% 14/04/2009 13/04/2011 50% XV 7 8 XV 352
36 2 3 4 5 6301,772,236 33
34 1. CNSS ) (i) 18 A2 2 1,635.09 107,915.94 (ii) 55 C 3 B 3 1,114.47 81,913.55 (iii) 55 A 8 9 10 C 7 2,650.4092 194,850.08
(iv) 55 B 5 1,026 703 75,411.00 51,670 (v) 18 A2 2 3 1,173.5167 77,452.10 CNSS CNSS 6,384,209.56 7,246,548.88 14A 35
36 36% 14% 79% 38% 5% XV 2 3 CS&S (HK) 245.32 24.26% 1 245.32 24.26% 1 245.32 24.26% 2 138.99 13.74% 3
Greater Pacific Capital Partners, LP GPC 119.27 11.79% 4 International Finance Corporation IFC 97.25 9.62% 5 5 97.25 9.62% 1. 99.3%CS&S (HK) 2. CS&S (HK) CS&S (HK)318 3. 4. Greater Pacific Capital Partners, LP 119,268,639 5. IFC 97,250,000 97,250,0000.05A AIFC 194,500,000 A 50% 336 37
38 1.15%
10 39
40 2 100% 2 100% 2 100% 0 2 100% 2 100% 0 2 100% 2 100% 2 100% 2 100% 2 100% 2 100% CNSSCNSS
3.13 0 1 100% 1 100% 1 100% 1 100% 1 100% 41
42 36 9 1 100% 1 100% 1 100% 1 100%
2 100% 2 100% 2 100% 4,200,000 43
44 46 136
45
46 1,104,602 983,372 (767,624) (709,227) 336,978 274,145 18,868 26,128 (71,065) (47,494) (197,938) (154,863) (19,397) (15,688) (21,113) (16,799) (23,892) (21,586) 14 (80,667) (17,387) 6 (4,064) (2,842) 15 2,959 2,878 26 (47,746) 54,487 (107,077) 80,979 7 (13,480) (9,254) 8 (120,557) 71,725 (553) (114) (121,110) 71,611 (126,743) 63,335 6,186 8,390 (120,557) 71,725 (127,283) 63,221 6,173 8,390 (121,110) 71,611 11 (0.1256) 0.0633 (0.1256) (0.0020)
12 95,131 79,038 13 83,197 79,724 14 414,615 446,607 15 17,428 14,469 16 867 1,034 5,216 2,318 25 3,528 2,517 619,982 625,707 17 14,457 21,939 18 362,278 399,815 16 166 166 19 161,019 69,891 22 711 95 20 12,870 21,630 20 297,029 265,804 848,530 779,340 19 79,745 17,769 21 283,272 282,122 23 1,255 13,163 22 128 22 82 82 11,568 6,705 24 104,071 70,555 31(a)(c) 22,296 14 844 8,447 503,261 398,865 345,269 380,475 965,251 1,006,182 47
48 25 9,208 8,371 31(a) 11,374 26 167,655 127,699 188,237 136,070 777,014 870,112 27 52,357 52,178 28 519,389 516,306 28 154,311 256,857 726,057 825,341 50,957 44,771 777,014 870,112 46 136
28 28 28 28 51,398 505,483 (1,224) 25,116 15,793 8,868 505 129,730 735,669 39,019 774,688 63,335 63,335 8,390 71,725 (114) (114) (114) (114) 63,335 63,221 8,390 71,611 27 396 9,593 9,989 9,989 14 (2,338) (2,338) 300 300 384 5,636 (1,092) 4,928 4,928 15,940 15,940 15,940 1,207 (1,207) 10 (4,406) (4,406) (4,406) (600) (600) 52,178 516,306 (1,338) 39,964 15,793 8,868 1,712 191,858 825,341 44,771 870,112 (126,743) (126,743) 6,186 (120,557) (553) (540) (13) (553) (553) (126,743) (127,283) 6,173 (121,110) 179 3,083 (737) 2,525 2,525 25,487 25,487 25,487 4,110 2,409 (6,519) 52,357 519,389 (1,891) 64,714 15,793 12,978 4,121 58,596 726,057 50,957 777,014 49
50 (107,077) 80,979 4,064 2,842 (2,959) (2,878) (2,551) (1,901) 23,892 21,586 80,667 17,387 47,746 (54,487) 82 (11,548) 23,495 17,733 147 183 21,113 16,799 3,408 25,487 15,940 114,106 106,043 7,498 26,518 34,661 24,624 (91,128) (30,883) 61,976 7,341 106 (16,731) (10,539) (11,908) (21,969) 98,580 101,155 (13,068) (11,209) 961 2,426 86,473 92,372
2,551 1,901 31(a) (b) (c) (33,541) (10,552) (3,654) (4,850) (2,898) (2,318) 810 825 109 (11,216) (11,085) (35,958) (28,891) 95 (966) 8,760 (17,126) (71,397) (76,607) 88,600 54,064 (55,664) (10,000) 2,525 4,928 (3,782) (1,961) (7,555) (7,763) 14 (7,603) (4,562) (600) 300 (14,029) 16,521 20,377 31,597 36,142 265,804 230,435 (372) (773) 297,029 265,804 51
52 1. 22 % % % % Chinasoft International 1 100 100 Holdings Limited 100 100 100 Chinasoft International 1 100 100 Treasury Management (Hong Kong) Limited
1. % % % % Chinasoft Resource 100,000 100 100 (International) Limited Chinasoft International Inc. 0.01 100 100 50,000,000 100 100 100 100 100 100 100 100 70 70 53
54 1. % % % % 70 70 100 100 100 100 76 76 51 51 100 100 31(e)
1. % % % % 100 100 100 100 80 80 14 100 100 31(d) HGR 3,956,000 97.35 97.35 86.43 86.43 58.41 58.41 97.35 97.35 55
56 1. % % % % 97.35 97.35 97.35 97.35 DoubleBridge Technologies, Inc. 2,204,000 97.35 97.35 ** 97.35 1,000,000 ** 97.35 70 70 70 70 70
1. % % % % 70 * 100 * 3,000,000 100 31(b) 100 31(a) 86.43 * * * HGR 60% 40% 57
58 2. 1 23 32 1 1 27 2 7 8 939 13 15 16 18 5 39 80 1 1 8 8 5
2. 7 7 23 23 23 23 5 1 2 24 5 27 1 32 4 39 1 1 1 1 7 3 2 3 3 1 9 7 5 14 17 1 19 6 59
60 2. 1 2 3 4 5 6 7 3 27 3.
3. 3 61
62 3.
3. 63
64 3.
3. 65
66 3.
3. 67
68 3.
3. 30 180 69
70 3.
3. 32 71
72 3.
3. 2 4. 3 73
74 4. 254,786,000 334,688,000 55,768,000 34,783,000 18 80,667,000 17,387,000 414,615,000 446,607,000 14
4. 167,655,000 127,699,000 5. 88 14 14 8 (i (ii) (iii) (iv) 8 1. 2. 3. 4. 75
76 5. 8 308,569 360,135 1,848 23,790 305,757 259,395 18,349 14,310 455,538 344,737 61,126 48,526 34,738 19,105 (7,729) (1,646) 1,104,602 983,372 73,594 84,980 183,685 241,070 430,641 378,460 455,538 344,737 34,738 19,105 920,917 742,302 1,104,602 983,372
5. 73,594 84,980 1,478 1,112 (80,667) (17,387) (53,736) (42,213) (47,746) 54,487 (107,077) 80,979 3 77
78 5. 417,352 550,268 315,005 157,149 289,072 231,168 27,537 15,699 1,048,966 954,284 414,615 446,607 4,931 4,156 1,468,512 1,405,047 202,436 202,333 226,726 153,434 78,877 45,534 9,965 562 518,004 401,863 167,655 127,699 5,839 5,373 691,498 534,935
5. 31,107 38,679 5,871 964 21,164 13,249 9,601 1,199 67,743 54,091 17,428 14,469 17,428 14,469 7,918 6,554 3,881 1,489 10,153 8,823 1,543 867 23,495 17,733 13,229 9,656 2,461 2,461 8,030 9,246 172 223 23,892 21,586 11,217 13,428 3,863 3,366 6,033 5 21,113 16,799 3,408 3,408 486 880 1,498 610 553 397 14 14 2,551 1,901 3,304 1,961 543 881 196 21 4,064 2,842 2,959 2,878 2,959 2,878 144 120 (103) 106 63 147 183 979,675 872,654 615,700 622,548 104,533 94,084 406 444 20,394 16,634 348 198 1,104,602 983,372 616,454 623,190 79
80 5. 10% A 155,033 149,237 B 113,027 56,038 6. 3,782 1,961 86 881 196 4,064 2,842
7. 16,602 10,877 107 26 16,709 10,903 37 257 15 16,966 10,955 (3,486) (1,701) 13,480 9,254 17.5% 16.5% 16.5% 25% 25% 10% 10% 25% 15% 7.5% 7.5% 81
82 7. 25% 15% 50% 7.5%7.5% 50% 12.5% 12.5% 33% 15% 25% 20% 18% 25% 12.5% 15% 25% 20% 18% 50%20% 9%
7. (107,077) 80,979 25% 25% (26,769) 20,245 (740) (720) (15,672) (15,298) 53,471 18,064 (2,165) (17,745) 107 26 (234) (75) 5,191 2,866 291 (148) (349) 2,388 13,480 9,254 83
84 8. 4,376 10,019 499,861 364,311 32,048 28,250 23,716 9,215 560,001 411,795 (9,594) (10,317) 550,407 401,478 21,051 16,329 (1,654) (641) 19,397 15,688 23,495 17,733 23,892 21,586 47,387 39,319 4,180 3,336 173,906 217,851 3,408 147 183 42,154 35,914 82 2,551 1,901 11,044 4,623 11,548 3,961 3,275
9. a b 32 123 164 106 425 830 453 593 106 120 2,102 581 272 307 553 58 1,771 26 26 26 78 1,437 751 926 106 673 32 123 222 106 4,376 b c 107 107 38 252 1,190 629 820 107 120 107 2,973 2,013 901 1,067 2,615 129 6,725 23 23 23 69 3,226 1,553 1,910 107 2,735 107 236 107 38 10,019 a b c 85
86 9. 1,674 728 3,627 259 75 11 168 5,376 1,166 1,000,001 1,500,000881,200 1,321,880 889,7001,334,550 ) 1 1 1,500,001 2,000,0001,321,880 1,762,400 1,334,5501,779,400 ) 3 4 1 10. 0.50.5 4,406,000
11. (126,743) 63,335 (11,260) (54,487) (126,743) (2,412) 1,008,951,120 1,000,707,872 15,033,789 194,500,000 1,008,951,120 1,210,241,661 87
88 12. 14,297 70,347 11,099 95,743 (17) (89) (4) (110) 4,361 12,627 1,840 10,063 28,891 31(d (e)) 213 213 (4,150) (415) (4,565) 18,641 78,948 12,520 10,063 120,172 1 1 4,417 25,508 1,574 4,459 35,958 31(a (b)) 4,359 221 4,580 (78) (3,000) (210) (3,288) 11,184 413 262 (11,859) 34,164 106,229 14,367 2,663 157,423 5,271 19,239 2,510 27,020 (11) (51) (62) 2,899 13,664 1,170 17,733 (3,536) (21) (3,557) 8,159 29,316 3,659 41,134 4,339 17,710 1,446 23,495 (45) (2,103) (189) (2,337) 12,453 44,923 4,916 62,292 21,711 61,306 9,451 2,663 95,131 10,482 49,632 8,861 10,063 79,038
12. 19%-33 1/3 % 9%-20% 9%-20% 13. 34,241 6,722 4,970 19,704 12,494 26,464 717 105,312 31(d)(e) 1,441 968 6,643 9,052 11,085 4,850 15,935 45,326 11,572 4,970 19,704 12,494 27,905 717 968 6,643 130,299 31(a)(b)(c) 14,970 1,019 15,989 11,216 11,216 (120) (120) 56,542 11,572 4,850 19,704 12,494 42,875 717 968 6,643 1,019 157,384 12,462 2,546 52 5,911 6,355 1,764 67 29,157 7,065 1,642 540 3,941 1,712 5,509 200 145 664 21,418 19,527 4,188 592 9,852 8,067 7,273 267 145 664 50,575 7,477 1,642 491 3,941 1,712 6,699 200 194 1,329 41 23,726 (114) (114) 27,004 5,830 969 13,793 9,779 13,972 467 339 1,993 41 74,187 29,538 5,742 3,881 5,911 2,715 28,903 250 629 4,650 978 83,197 25,799 7,384 4,378 9,852 4,427 20,632 450 823 5,979 79,724 89
90 13. 5 3 10 3 5 5 5 5 3.6 5 5 3 5 14. 445,993 12,880 6,109 464,982 48,675 513,657 988 17,387 18,375 80,667 99,042 414,615 446,607
14. 20% 8,447,000 2,338,000 7,603,000 844,000 8,447,000 26,396 26,396 2,669 2,669 2,909 26,275 58,249 29,065 HGR 134,188 134,188 31,963 31,963 80,968 80,968 HGR 82,817 163,484 6,109 6,109 19,491 221,348 282,524 830 830 414,615 446,607 297,672,000HGR 91
92 14. HGR 80,667,000 7,176,000 10,211,000 (HGR 17 14 17 17 17 14 17 17 17 14 17 17
14. HGR HGR HGR 18% 17%3% 3% HGR 80,667,000 7,176,000 18% 3% 10,211,000 14% 20% 3% 93
94 14. 16% 3% 13% 3% 17% 3%
15. 6,500 6,500 10,928 7,969 17,428 14,469 3,052,000 3,052,000 46% 20% 95
96 15. 82,787 65,482 (41,864) (34,093) 40,923 31,389 14,376 11,417 76,589 78,468 9,369 7,921 2,959 2,878
16. 1,887 (104) 1,783 (2) 1,781 434 (19) 168 583 (1) 166 748 1,033 1,200 867 1,034 166 166 1,033 1,200 97
98 17. 14,457 21,939 18. 304,569 363,713 (55,768) (34,783) 248,801 328,930 5,985 5,758 254,786 334,688 59,432 9,888 48,060 55,239 362,278 399,815 38 30 180 90 189,043 177,956 91 180 13,675 26,288 181 365 16,856 29,045 34,702 89,530 510 11,869 254,786 334,688 60% 44%
18. 67,951,000 173,328,000 229 271 90 6,585 16,596 91 180 9,298 26,288 181 365 16,856 29,045 34,702 89,530 510 11,869 67,951 173,328 34,783 17,984 21,113 16,799 (128) 55,768 34,783 99
100 19. 653,860 464,557 (572,586) (412,435) 81,274 52,122 161,019 69,891 (79,745) (17,769) 81,274 52,122 1,813,000 2,122,000 20. 0.36 0.36 1.71 2.25 1.71 4.14 1,757 2,614 1,039 149 30
21. 119,627 149,145 2,114 921 354 120,548 151,613 6,300 6,033 156,424 124,476 283,272 282,122 90 48,165 88,543 91 180 18,419 14,480 181 365 14,543 13,493 27,331 22,178 12,090 12,919 120,548 151,613 90 22. 101
102 23. 90 1,255 12,551 91 180 612 1,255 13,163 24. (i) 57,000 54,064 30,000 (ii) 17,071 16,491 104,071 70,555 104,071 70,555 17,071 16,491 (iii) 87,000 54,064 104,071 70,555 87,000 54,064 17,071 16,491 104,071 70,555
24. (i) (ii) HGRHGR 5.26% 5.26% (iii) 5.89 7.06% 23,745 60,344 25. (3,268) (198) (3,704) 1,806 (5,364) 31(d)(e) (317) (1,661) (213) (2,191) (603) 35 710 166 32 1,012 1,352 33 617 (301) 349 (3,871) (130) (2,694) (1,495) (181) 2,517 (5,854) 31(a)(b)(c) (3,083) (229) (3,312) 1,107 35 950 332 43 8 1,011 3,486 (2,764) (95) (4,827) (1,163) (138) (221) 3,528 (5,680) 103
104 25. 3,528 2,517 (9,208) (8,371) (5,680) (5,854) 44,517,000 24,689,000 1,488,000 216,000 839,000 5,214,000 12,561,000 20,318,000 7,757,000 5% 10% 71,495,000 51,669,000 26. 0.05A 625,000,000 31,250 194,500,000 9,725
26. International Finance Corporation IFC 194,500,000 AIFC97,250,000 0.05 A0.8162,240,000 19,999,990 A AA A 5.5 1 1 A A A 14 16.19 0.91 0.58 0.8 0.8 2 3 0.551% 0.786% 73.17% 63.42% 105
106 26. A 117,591 83,494 201,085 (6,849) (4,411) (11,260) 1,455 (55,942) (54,487) (7,639) (7,639) 104,558 23,141 127,699 (179) (56) (235) 23,307 24,439 47,746 (7,555) (7,555) 120,131 47,524 167,655 7,561,000 7,634,000 27. 0.05 1,500,000,000 75,000
27. 989,838,375 49,491,919 51,398 8,790,313 439,516 396 8,650,000 432,500 384 1,007,278,688 50,363,935 52,178 4,070,000 203,500 179 1,011,348,688 50,567,435 52,357 8,790,3130.05 1.261.136 31 (d) 28. 4,406,000 107
108 28. 5% 10% 29. 2426
30. 694,730 729,578 167,655 127,699 417,022 368,358 (1,710) (2,308) 598 (4,535) 155,600,000 120,131 104,375 (137,006) (136,984) (16,875) (32,609) 109
110 30. (i) 8.5% 11.6% 173,652 128,144 4,155 5,200 19,400 17,602 23,440 30,759 2,484 234 17,669 6,065
30. (i) 5%5% 5% 5% 5% 8,732 6,570 (a) (205) 398 (b) (1,115) (69) (c) (a) (b) (c) 111
112 30. (ii) 26 24 24 5050 10 10 50 50 998,623 1,079,821 1010 310,000 287,000
30. (iii) 5% 2,311,9734,726,700 2,767,000 89.6% 91.7% 113
114 30. 23,745,000 60,344,00024 276,972 276,972 276,972 1,255 1,255 1,255 128 128 128 82 82 82 34,980 54,726 89,706 87,000 18,492 4,648 12,147 35,287 34,514 17,071 17,071 17,071 3,788 3,768 7,535 138,890 153,981 167,655 352,768 63,142 19,682 138,890 574,482 584,677
30. 276,089 276,089 276,089 13,163 13,163 13,163 22 22 22 82 82 82 21,701 34,641 56,342 54,064 8,447 8,447 8,447 17,087 17,087 16,491 3,789 3,774 7,547 146,658 161,768 127,699 340,380 38,415 7,547 146,658 533,000 496,057 115
116 30. 26 47,746,000 31. (a) 33,590,000 21,442,500 32,621,000
31. (a) 4,156 4,156 6,857 6,857 24 24 18,784 18,784 1,948 1,948 (16,919) (16,919) (1,720) (1,720) 7,969 5,161 13,130 19,491 32,621 12,147 9,296 11,178 32,621 12,147 (1,948) 10,199 117
118 31. (b) 6,000,000 424 424 356 356 698 698 16 16 164 164 2,658 2,658 (962) (962) (263) (263) 2,300 791 3,091 2,909 6,000 6,000 6,000 (2,658) 3,342
31. (c) 33,000,000 13,000,000 7,757 7,757 297 297 (1,329) (1,329) 6,725 6,725 26,275 33,000 20,000 13,000 33,000 20,000 20,000 119
120 31. (c) 11,147,0001,163,40010,587,000 166,0007,0004,749,000 1,147,870,000 120,615,000
31. (d) 13,113,000 19 19 1,441 1,441 968 968 5,081 5,081 442 442 (4,514) (4,514) (5) (5) (530) (530) 1,023 1,879 2,902 10,211 13,113 3,124 27 9,989 13,113 3,124 (442) 2,682 121
122 31. (e) 8,016,000 194 194 6,643 6,643 152 152 2,307 2,307 1,209 1,209 146 146 (3,643) (3,643) (1,661) (1,661) 365 4,982 5,347 2,669 8,016 8,016 8,016 (146) 7,870
32. HGRHGR 3,160,000 15.5 55,000,000 (a) 30%10%(b) HGR HGR 99.63% 3,160,000 33. 100% 13,113,000 31(d) 34. 42,253 22,089 58,746 21,742 100,999 43,831 123
124 34. 35. 2,898 880 36. 1.00 (i) (ii) (iii) 10% 30% 1% 0.1% 5,000,000
36. 30.3.2006 0.97 30.3.2006 29.3.2016 300,000 (300,000) 30.3.2006 29.3.2007 30.3.2007 29.3.2016 300,000 (300,000) 30.3.2006 29.3.2008 30.3.2008 29.3.2016 300,000 (300,000) 30.3.2006 29.3.2009 30.3.2009 29.3.2016 300,000 (300,000) 10.4.2007 1.78 10.4.2007 9.4.2017 950,000 950,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 950,000 950,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 950,000 950,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 950,000 950,000 14.4.2008 1.37 14.4.2008 13.4.2011 2,500,000 2,500,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 2,500,000 2,500,000 13.8.2003 0.58 13.8.2003 12.8.2007 13.8.2007 12.8.2013 80,000 80,000 13.5.2004 0.65 13.5.2004 12.5.2005 13.5.2005 12.5.2014 13.5.2004 12.5.2006 13.5.2006 12.5.2014 650,000 650,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 650,000 650,000 30.3.2006 0.97 30.3.2006 29.3.2016 200,000 200,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 200,000 200,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 200,000 200,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 200,000 200,000 10.4.2007 1.78 10.4.2007 9.4.2017 500,000 500,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 500,000 500,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 500,000 500,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 500,000 500,000 14.4.2008 1.37 14.4.2008 13.4.2011 1,000,000 1,000,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 1,000,000 1,000,000 125
126 36. 13.8.2003 0.58 13.8.2003 12.8.2007 13.8.2007 12.8.2013 250,000 250,000 13.5.2004 0.65 13.5.2004 12.5.2006 13.5.2006 12.5.2014 875,000 875,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 875,000 875,000 30.3.2006 0.97 30.3.2006 29.3.2016 250,000 250,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 250,000 250,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 250,000 250,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 250,000 250,000 10.4.2007 1.78 10.4.2007 9.4.2017 500,000 500,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 500,000 500,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 500,000 500,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 500,000 500,000 14.4.2008 1.37 14.4.2008 13.4.2011 1,300,000 1,300,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 1,300,000 1,300,000 13.5.2004 0.65 13.5.2004 12.5.2014 125,000 125,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 125,000 125,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 125,000 125,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 125,000 125,000 13.5.2004 0.65 13.5.2004 12.5.2014 250,000 250,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 250,000 250,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 250,000 250,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 250,000 250,000 14.4.2008 1.37 14.4.2008 13.4.2011 5,000,000 5,000,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 5,000,000 5,000,000 10.4.2007 1.78 10.4.2007 9.4.2017 187,500 187,500 10.4.2007 9.4.2008 10.4.2008 9.4.2017 187,500 187,500 10.4.2007 9.4.2009 10.4.2009 9.4.2017 187,500 187,500 10.4.2007 9.4.2010 10.4.2010 9.4.2017 187,500 187,500 36,030,000 (1,200,000) 34,830,000
36. 13.8.2003 0.58 13.8.2003 12.8.2005 13.8.2005 12.8.2013 1,117,500 (150,000) 967,500 13.8.2003 12.8.2006 13.8.2006 12.8.2013 1,897,500 1,897,500 13.8.2003 12.8.2007 13.8.2007 12.8.2013 1,897,500 1,897,500 13.5.2004 0.6 13.5.2004 12.5.2005 13.5.2005 12.5.2014 934,000 (810,000) 124,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 8,025,000 8,025,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 8,025,000 8,025,000 30.3.2006 0.97 30.3.2006 29.3.2016 2,550,000 (350,000) (1,400,000) 800,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 3,100,000 3,100,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 3,100,000 3,100,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 3,100,000 3,100,000 10.4.2007 1.78 10.4.2007 9.4.2017 5,525,000 (1,500,000) 4,025,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 5,525,000 5,525,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 5,525,000 5,525,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 5,525,000 5,525,000 13.6.2008 1.212 13.6.2008 12.6.2011 3,930,000 (3,000,000) 930,000 13.6.2008 12.6.2009 13.6.2009 12.6.2011 3,930,000 3,930,000 13.6.2008 12.6.2010 13.6.2010 12.6.2011 5,240,000 5,240,000 4.7.2008 1.144 4.7.2008 3.7.2011 5,532,000 (2,060,000) 3,472,000 4.7.2009 3.7.2009 4.7.2009 3.7.2011 5,532,000 5,532,000 4.7.2010 3.7.2010 4.7.2010 3.7.2011 7,376,000 7,376,000 2.2.2009 0.480 2.2.2009 1.2.2012 10,005,000 (1,560,000) (300,000) 8,145,000 2.2.2009 1.2.2010 2.2.2010 1.2.2012 10,005,000 10,005,000 2.2.2009 1.2.2011 2.2.2011 1.2.2012 13,340,000 13,340,000 15.5.2009 0.710 15.5.2009 14.5.2012 14,531,360 14,531,360 15.5.2009 14.5.2010 15.5.2010 14.5.2012 14,531,360 14,531,360 15.5.2009 14.5.2011 15.5.2011 14.5.2012 19,375,148 19,375,148 24.8.2009 0.860 24.8.2009 23.8.2012 15,000,000 15,000,000 24.8.2009 23.8.2010 24.8.2010 23.8.2012 15,000,000 15,000,000 24.8.2009 23.8.2011 24.8.2010 23.8.2012 20,000,000 20,000,000 3.11.2009 0.758 3.11.2009 2/11/2012 15,269,360 15,269,360 3.11.2009 2/11/2010 3.11.2010 2/11/2012 15,269,360 15,269,360 3.11.2009 2/11/2011 3.11.2011 2/11/2012 20,359,148 20,359,148 127
128 36. 13.5.2004 0.65 13.5.2004 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 2,000,000 2,000,000 95,386,500 182,685,736 (2,870,000) (8,260,000) 266,942,236 131,416,500 182,685,736 (4,070,000) (8,260,000) 301,772,236 100,668,000 1.04 0.72 0.70 1.23 0.9970
36. 13.8.2003 0.58 13.8.2003 12.8.2007 13.8.2007 12.8.2013 300,000 (300,000) 13.5.2004 0.65 13.5.2004 12.5.2007 13.5.2007 12.5.2014 1,250,000 (1,250,000) 30.3.2006 0.97 30.3.2006 29.3.2016 300,000 300,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 300,000 300,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 300,000 300,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 300,000 300,000 10.4.2007 1.78 10.4.2007 9.4.2017 950,000 950,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 950,000 950,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 950,000 950,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 950,000 950,000 14.4.2008 1.37 14.4.2008 13.4.2011 2,500,000 2,500,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 2,500,000 2,500,000 129
130 36. 13.8.2003 0.58 13.8.2003 12.8.2007 13.8.2007 12.8.2013 80,000 80,000 13.5.2004 0.65 13.5.2004 12.5.2014 13.5.2004 12.5.2005 13.5.2005 12.5.2014 13.5.2004 12.5.2006 13.5.2006 12.5.2014 650,000 650,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 650,000 650,000 30.3.2006 0.97 30.3.2006 29.3.2016 200,000 200,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 200,000 200,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 200,000 200,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 200,000 200,000 10.4.2007 1.78 10.4.2007 9.4.2017 500,000 500,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 500,000 500,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 500,000 500,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 500,000 500,000 14.4.2008 1.37 14.4.2008 13.4.2011 1,000,000 1,000,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 1,000,000 1,000,000
36. 13.8.2003 0.58 13.8.2003 12.8.2007 13.8.2007 12.8.2013 250,000 250,000 13.5.2004 0.65 13.5.2004 12.5.2006 13.5.2006 12.5.2014 875,000 875,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 875,000 875,000 30.3.2006 0.97 30.3.2006 29.3.2016 250,000 250,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 250,000 250,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 250,000 250,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 250,000 250,000 10.4.2007 1.78 10.4.2007 9.4.2017 500,000 500,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 500,000 500,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 500,000 500,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 500,000 500,000 14.4.2008 1.37 14.4.2008 13.4.2011 1,300,000 1,300,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 1,300,000 1,300,000 13.5.2004 0.65 13.5.2004 12.5.2014 125,000 125,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 125,000 125,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 125,000 125,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 125,000 125,000 13.5.2004 0.65 13.5.2004 12.5.2014 250,000 250,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 250,000 250,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 250,000 250,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 250,000 250,000 14.4.2008 1.37 14.4.2008 13.4.2011 5,000,000 5,000,000 14.4.2008 13.4.2009 14.4.2009 13.4.2011 5,000,000 5,000,000 131
132 36. 10.4.2007 1.78 10.4.2007 9.4.2017 187,500 187,500 10.4.2007 9.4.2008 10.4.2008 9.4.2017 187,500 187,500 10.4.2007 9.4.2009 10.4.2009 9.4.2017 187,500 187,500 10.4.2007 9.4.2010 10.4.2010 9.4.2017 187,500 187,500 17,980,000 19,600,000 (1,550,000) 36,030,000 13.8.2003 0.58 13.8.2003 12.8.2004 13.8.2004 12.8.2013 13.8.2003 12.8.2005 13.8.2005 12.8.2013 1,717,500 (600,000) 1,117,500 13.8.2003 12.8.2006 13.8.2006 12.8.2013 1,897,500 1,897,500 13.8.2003 12.8.2007 13.8.2007 12.8.2013 1,897,500 1,897,500 13.5.2004 0.65 13.5.2004 12.5.2014 13.5.2004 12.5.2005 13.5.2005 12.5.2014 7,434,000 (6,500,000) 934,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 8,025,000 8,025,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 8,025,000 8,025,000 30.3.2006 0.97 30.3.2006 29.3.2016 2,550,000 2,550,000 30.3.2006 29.3.2007 30.3.2007 29.3.2016 3,100,000 3,100,000 30.3.2006 29.3.2008 30.3.2008 29.3.2016 3,100,000 3,100,000 30.3.2006 29.3.2009 30.3.2009 29.3.2016 3,100,000 3,100,000 10.4.2007 1.78 10.4.2007 9.4.2017 5,525,000 5,525,000 10.4.2007 9.4.2008 10.4.2008 9.4.2017 5,525,000 5,525,000 10.4.2007 9.4.2009 10.4.2009 9.4.2017 5,525,000 5,525,000 10.4.2007 9.4.2010 10.4.2010 9.4.2017 5,525,000 5,525,000 13.6.2008 1.212 13.6.2008 12.6.2011 3,930,000 3,930,000 13.6.2008 12.6.2009 13.6.2009 12.6.2011 3,930,000 3,930,000 13.6.2008 12.6.2010 13.6.2010 12.6.2011 5,240,000 5,240,000 4.7.2008 1.144 4.7.2008 3.7.2011 5,532,000 5,532,000 4.7.2009 3.7.2011 4.7.2009 3.7.2011 5,532,000 5,532,000 4.7.2010 3.7.2011 4.7.2010 3.7.2011 7,376,000 7,376,000
36. 13.5.2004 0.65 13.5.2004 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2005 13.5.2005 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2006 13.5.2006 12.5.2014 2,000,000 2,000,000 13.5.2004 12.5.2007 13.5.2007 12.5.2014 2,000,000 2,000,000 70,946,500 31,540,000 (7,100,000) 95,386,500 88,926,500 51,140,000 (8,650,000) 131,416,500 73,076,000 1.09 1.18 0.64 1.04 1.381.06 A 0.14 0.19 B 0.21 0.28 C 0.23 0.35 D 0.20 0.30 E 0.34 0.38 F 0.32 0.40 G 0.30 0.38 133
134 36. A B C D 0.48 0.71 0.86 0.74 0.48 0.71 0.86 0.758 63.70% 64.16% 64.71% 64.91% 3 3 3 3 1.053% 0.889% 1.078% 0.913% 1.04% 0.70% 0.00% 0.00% E F G 1.26 1.20 1.14 1.37 1.21 1.14 48.22% 49.17% 49.40% 3 3 3 1.51% 3.39% 2.97% 0.37% 0.42% 0.44% 780 784 25,487,000 15,940,000 37.
37. 32,126,000 28,319,000 38. (a) & (i) 6,087 7,064 CDI (b) & (ii) 12,956 10,486 Viador Inc. (c) & (iii) 3,236 4,919 (iv) 1,953 (d) 2,151 (v) 16 166 168 (a) (b) CDI (c) Viador Inc. Xi Wang HGR (d) 135
136 38. (i) 124,000 22,000 (ii) CDI 12,956,000 10,486,000 927,000 1,144,000 (iii) Viador Inc. 3,236,000 4,919,000 2,662,000 2,208,000 (iv) 1,953,000 (v) 2,000,000 166,000 168,000 5,198 7,192 156 173 3,200 4,261 8,554 11,626