(i)(ii) (iii)
2 4 5 6 7 8 9 12 13 18 1 19 20 21 30 31 32 33 34 35 36 37 38 85 86
2 85% 90% 85% 98% 99% 99% 99% 99% 99% 75% 80% Wah Sang Gas Equipment and Engineering Company Limited Winstar Venture Limited
3 99% 99% 99% 98% 99% 90% 99% 98%
8 60 4
5718 5
6
1. 764 720 7 2.
3. 75 50 4. 17.26 539509 423426 5. 8 2 4
425,950 423,273 508,852 539,285 (369,677) (350,964) (413,241) (533,696) 9 56,273 72,309 95,611 5,589 1,302 (1,660) (1,974) (3,191) (7,057) (84,298) (92,706) (67,802) (94,692) (14,312) (53,303) (57,242) (189,321) (43,997) (75,674) (32,624) (284,179) (49,156) (31,233) (30,936) (22,180) (93,153) (106,907) (63,560) (306,359) (4,687) (8,524) (9,913) (6,321) (97,840) (115,431) (73,473) (312,680) (298) (69) (2,020) 2,121 (98,138) (115,500) (75,493) (310,559) 418,191 358,232 349,968 331,426 (1,103,540) (930,609) (800,811) (706,266) (11,596) (10,818) (10,470) (10,607) (696,945) (583,195) (461,313) (385,447)
4263 13084 46 54% 106 25% 32% 28 44 49 3198 583 348 235137 1,103 966 10 (1) 210 10 160
40 225 (2) 75 25% 11
89.9% Santa Resources Limited 12
15 5.48 5.67 13 5.05 5.28 5.05 5.28
14 3/4 75% 0/4 0% 3/4 75% 1/4 25% 4/4 4/4 14
15
................................................ 4.6......................................................... 2.4 31 16
C.3.1 C.3.6 C.3.1 C.3.6 17 5.48 5.67
1. A.5.1 2. B.1.1 B.1.1 B.1.5 B.1.1 B.1.5 18 3. C.3.1 C.3.5
54 44 19
42 51 20 20
9(b) 21
98966 696 (a) (b) 6 22 14
15 191 2006 23 86(2) 5.05 5.08
1 24
352 5.46 45,650,000 819,350,000 865,000,000 39.73% 25 819,350,000 37.64%
10% 25% 13,500,0006.2% 281 (i) (ii) (iii) 26 14
27 336 1 45,650,000 819,350,000 865,000,000 39.734% Santa Resources Limited 2 496,188,000 496,188,000 22.792% 1 819,350,000 819,350,000 39,734% 3 865,000,000 865,000,000 39.734%
1. 2. Santa Resources Limited 3. 865,000,000 5% 28 14% 15% 6% 9% 62% 70% 36% 34% 23% 8% 9% 4% 5%
5.34 5.48 5.67 29 5.28 25% 29
30
33 85 31 90
2(a)(i) 98966 697 32 1(b)
6 231,306 187,274 7 49,726 45,880 281,032 233,154 10 31,777 22,209 11 77,388 87,730 25 27,994 15,139 137,159 125,078 418,191 358,232 33 14 21,770 21,770 15(a) (718,715) (604,965) (696,945) (583,195) 11,596 10,818 (685,349) (572,377) 12 444,491 306,118 4,934 7,266 13 654,115 617,225 1,103,540 930,609 418,191 358,232 (966,381) (805,531) (685,349) (572,377)
9 167 139 4 5 171 144 171 144 14 21,770 21,770 15(b) (282,773) (272,453) (261,003) (250,683) 26,294 15,947 13 234,880 234,880 34 261,174 250,827 171 144 (261,003) (250,683) (261,003) (250,683)
5 425,950 423,273 (369,677) (350,964) 56,273 72,309 16 (14,312) (53,303) (1,660) (1,974) (84,298) (92,706) 17 (43,997) (75,674) 35 19 (49,156) (31,233) (93,153) (106,907) 20 (4,687) (8,524) (97,840) (115,431) (98,138) (115,500) 298 69 (97,840) (115,431) 22 4.5 5.3
21,770 (483,083) 10,470 (450,843) (115,500) 69 (115,431) (6,382) 279 (6,103) 21,770 (604,965) 10,818 (572,377) (98,138) 298 (97,840) (15,612) 480 (15,132) 21,770 (718,715) 11,596 (685,349) 36
23 14,452 (8,924) (7,019) (9,235) (11,090) 7,433 (29,249) (57,948) (86,793) (3,115) (1,119) 3,845 4,365 966 538 457 37 (56,680) (82,124) 22,316 48,398 38,693 18,215 1,678 (1,410) 61,009 66,881 11,762 (44,492) 15,139 58,760 1,093 871 27,994 15,139
1. 1999 10 8 1 32 3205-07 13 (a) (i) (ii) 6 38 571 8 (a)
1. (a) (iii) (iv) 39 (b) 9(c)
1. (b) : (i) 210 10 160 40 225 40 (ii) 75
2. (a) 1(a)(iv) 4 (i) 41 98 966 697 1(b)
2. (a) (ii) HKAS 19 HKAS 21 HKAS 39 HKAS 39 HKAS 39 HKFRS 4 HKFRS 1 6 HKFRS-Int 4 HKFRS-Int 5 HK(IFRIC)-Int 6 HK(IFRIC)-Int 7 HKFRS 29 42
2. (a) (ii) 43 HK(IFRIC)-Int 8 2 HK(IFRIC)-Int 9 HK(IFRIC)-Int 11 2 HK(IFRIC)-Int 12 HK(IFRIC)-Int 13 HK(IFRIC)-Int 14 19 HKAS 1 HKAS 23 HKFRS 7 HKFRS 8 HK(IFRIC)-Int 10
2. (b) (i) 44
2. (b) (ii) (iii) 45 (c) (i)
2. (c) (ii) (iii) 46
2. (d) 50 (e) 47 30 20 30 5
2. (e) 2(g) (f) (g) 48 (h)
2. (i) (j) 49 (k) (l)
2. (m) (n) 50
2. (o) (p) (i) 51 (ii)
2. (p) (iii) (iv) 52
2. (q) (r) 53 (s)
2. (s) (t) (u) 54 (v)
3. (a) (i) 55 (ii) (iii) (iv)
3. (b) 4. (a) (b) 2(g) 56
5. (a) 154,285 162,287 130,039 84,332 35,855 42,952 57 320,179 289,571 105,771 133,702 425,950 423,273
5. (b) 154,285 35,855 130,039 105,771 425,950 631 (4,979) (11,620) 63,501 47,533 (91,530) (43,997) (49,156) (93,153) (4,687) (97,840) 58 162,287 42,952 84,332 133,702 423,273 677 (4,773) (63,140) 92,488 25,252 (100,926) (75,674) (31,233) (106,907) (8,524) (115,431)
5. (c) 42,506 292,963 82,722 418,191 94,978 32,948 975,614 1,103,540 59 1,160 1,160 61,063 61,063 8,794 3,494 12,288 6,587 6,587 265 265 7,998 7,998 64,818 219,131 74,283 358,232 75,940 60,410 794,259 930,609 988 988 87,912 87,912 8,572 3,387 11,959 47,626 47,626 6,134 6,134
6. 83,570 94,475 155,125 30,606 40,078 403,854 2,195 2,434 4,125 787 1,068 10,609 6,484 7,739 7,480 5,273 59,817 86,793 10,324 8,160 58,188 (76,672) (2,220) (6,860) (1,773) (2,423) (13,276) 100,353 105,948 223,145 34,243 24,291 487,980 4,266 5,407 9,071 1,448 1,122 21,314 2,463 1,850 2,214 1,022 50,399 57,948 4,641 4,596 29,211 51 (38,499) (3,351) (9,580) (13,131) (224) (4,856) (31,142) 108,372 108,221 250,510 36,540 32,457 536,100 60 42,977 56,869 102,082 25,130 15,284 242,342 204 273 727 352 1,556 3,168 3,460 1,944 3,387 11,959 7,334 15,311 26,553 (602) (970) 47,626 (1,069) (108) (367) (1,233) (2,777) 52,614 75,805 130,939 27,034 14,314 300,706 551 1,119 1,992 850 4,512 2,743 3,176 2,875 3,494 12,288 (22) 74 6,613 153 (231) 6,587 (1,897) (4,809) (12,518) (75) (19,299) 53,989 75,365 129,901 31,456 14,083 304,794 54,383 32,856 120,609 5,084 18,374 231,306 47,739 30,143 92,206 7,209 9,977 187,274
6. 7 26 1 2006 28 1 7. 61 44,470 1,279 1,119 (988) 45,880 2,156 3,115 (1,160) (265) 49,726 10 50 3 2006 3
8. 7 9. 47,748 47,748 (47,748) (47,748) 402,490 409,345 (402,490) (409,345) 62
9. (a) (iv) (%) 63 Winstar Venture Limited 100 BVI 200 2 100 29 (iii) Wah Sang Gas Equipment and 100 Engineering Company Limited BVI 0.05 45 156 100 156
9. (b) 1(b) (i) (iv) (%) 1 25 100 Zibo WS 2 (ii) 2 23 100 Tianjin WS 1 3 21 100 Binzhou WS# 4 20 100 Zhaoyuan WS# 5 20 90 Deqing WS 2 6 10 85 Zhuozhou WS# 7 10 100 Nanjing WS# 8 9 100 Qinhuangdao WS# 9 9 100 Tianjin WSEnergy# 10 7 90 SanheYanSang# 11 7 99 Changle WS# 12 5 100 Dezhou WS# 13 8 80 QingdaoJiaonan WS# 14 16 23 2005 100 QingdaoLaixi WS# 6 17 15 4 21 2005 100 Yingtan WS 1 6 20 16 3 18 2004 98 Zhangjiagang WS# 6 17 17 2 12 2003 100 Funing WS# 11 2 18 2 11 2003 100 QingdaoJiaozhou WS# 9 27 19 2 11 2004 100 Yishui WS# 3 15 20 Juxian WS# 2 11 2004 6 13 100 64
9. (b) 1(b) (i) (iv) (%) 65 15 10 2003 10 10 2004 21 Haiyan WS 1 11 12 22 HuzhouNanxun WS 1 9 5 23 2 10 2004 BeijingAirport WS# 5 22 24 2 10 2003 Haiyang WS# 9 28 25 1 8 2004 Suining WS# 11 23 26 10 8 2003 Yizheng WS# 6 28 27 12 8 2004 Tonglu WS# 11 5 28 2 7 2003 Jurong WS# 10 24 29 1 6 2004 Jinhu WS# 6 7 30 6 5 2004 Qixia WS# 4 29 189 (iv) 100 100 85 100 100 100 98 99 100 100
9. (c) 1(b) (i)) 2005 2006 (iv) (%) 1 17 100 Xintai WS# 2 16 75 Shouguang WS 2 3 13 100 Dongying WS# 4 11 98 Jizhou WS# 5 7 100 Boxing WS# 6 5 90 Hengshui WS 2 7 1 100 Jinan WS# 8 4 21 2004 100 Jiangshan WS# 6 18 9 4 20 2004 100 Xuzhou WS# 10 25 10 3 17 2004 99 Ningguo WS# 12 16 11 3 17 2004 100 Huaining WS# 12 18 12 3 17 2004 100 JiangxiNanchang WS# 8 18 13 3 16 2003 100 Yiyang WS# 9 29 14 3 16 2003 100 Suqian WS# 10 13 15 16 2005 100 Huangshan WS 2 9 23 16 3 15 2005 100 Guixi WS 1 8 12 17 2 14 2004 100 Gaoan WS# 8 6 18 Jingjiang WS# 2 13 2004 4 15 99 66
9. (c) 1(b) (i)) 2005 2006 (iv) (%) 67 19 Pizhou WS# 2 13 2004 4 25 20 2 13 2004 Xinyi WS# 6 18 21 2 13 2004 Leiyang WS 1 7 3 22 2 13 2005 Youxian WS# 3 5 23 2 12 2004 Fengxian WS# 6 18 24 2 12 2004 Ningxiang WS# 6 20 25 2 12 2003 Liuyang WS# 11 13 26 4 11 2003 Taizhou WS# 11 1 27 2 11 2004 Ningyang WS# 3 25 28 2 10 2004 QingyuanYimin WS# 6 18 29 10 2005 Peixian WS 1 12 11 30 2 9 2004 YixianFujiang WS# 8 28 31 2 9 2004 AnxinLihua WS# 11 15 32 11 8 2004 Chenzhou WS# 6 14 33 3 6 2003 Weishan WS# 9 3 344 100 100 100 100 100 100 100 99 100 99 100 99 99 100 100
9. (i) (ii) (iii) 100 (iv) (v) (vi) 189 68 * ** # (vii)
10. 28,820 18,629 2,957 3,580 31,777 22,209 11. 69 79,738 88,916 (49,472) (34,704) (a) 30,266 54,212 91,280 92,344 32,204 17,536 (83,362) (83,362) 40,122 26,518 (b) 7,000 7,000 77,388 87,730
11. 69,073 79,443 8,315 8,287 77,388 87,730 (a) 70 0-90 26,761 28,765 91-180 11,439 16,236 181-360 8,374 16,407 360 33,164 27,508 79,738 88,916 (49,472) (34,704) 30,266 54,212 (b) 7 12(c) (c)
12. (a) 101,358 87,473 (b) 75,765 37,072 (c) 37,103 35,304 111,155 50,131 25,901 23,624 58,615 37,241 71 34,594 35,273 (a) 444,491 306,118 0-90 34,132 34,829 91-180 12,523 14,512 181-360 15,799 8,573 360 38,904 29,559 101,358 87,473
12. (a) 417,230 288,423 27,261 17,695 (b) 444,491 306,118 587% 18 72 (c) 32,175 30,063 4,928 5,074 167 37,103 35,304 246% 2006 6%8 Santa Resources Limited (d)
13. 348,521 333,947 210,000 210,000 210,000 210,000 24,880 24,880 24,880 24,880 583,401 568,827 234,880 234,880 TFB 70,714 48,398 654,115 617,225 234,880 234,880 73 1(b) 8.6%-9.6% 5.3%-7.6% 6.7% 6.7% 6.7% 6.7% 7.0% 7.0% 7.0% 7.0% 5.4% 5.4%
13. 234,880 234,880 234,880 234,880 419,235 382,345 654,115 617,225 234,880 234,880 2006 14. 74 0.01 5,000 50,000 2,177 21,770 28 1
14. 28,500 66,500 (11,500) (38,000) 17,000 28,500 75 0.568 10,000 0.596 12,000 12,000 12,000 22,000 0.568 1,500 0.596 2,500 2,500 1.02 2,500 2,500 5,000 6,500 17,000 28,500
15. (a) (i) (ii) (iii) 191,079 28,800 193 2,561 (705,716) (483,083) (115,500) (115,500) (6,382) (6,382) 191,079 28,800 (6,189) 2,561 (821,216) (604,965) (98,138) (98,138) (15,612) (15,612) 191,079 28,800 (21,801) 2,561 (919,354) (718,715) 76 (b) (iv) (ii) 191,079 47,547 (500,894) (262,268) (3,726) (3,726) (6,459) (6,459) 191,079 47,547 (6,459) (504,620) (272,453) (174) (174) (10,146) (10,146) 191,079 47,547 (16,605) (504,794) (282,773)
15. (i) (ii) (iii) 77 (iv) 16. (538) (457) 7,998 6,134 6 6,587 47,626 265 14,312 53,303
17. 299,063 280,317 42,270 41,215 18(a) 22,913 27,113 6 8,794 8,572 3,494 3,387 14,768 14,820 3,904 6,487 1,160 988 4,600 4,300 2,350 5,300 78 18. (a) 22,606 21,666 5,066 5,167 94 280 27,766 27,113
18. (b) 207 2,931 2,723 2,931 2,930 79 (ii) 1,465 1,300 (iii) 1,300 1,300 (iii) 166 123 (iii) (iii) (i) 40 (i) 167 2,931 2,930
18. (b) (i) (ii) (iii) (c) 2006 80 3,578 3,278 1,000,000 1,000,001 2 1 19. 53,988 36,160 5,314 1,532 (10,146) (6,459) 49,156 31,233
20. 2006 15% 33% 29 4,687 8,524 81 33% (93,153) (106,907) 33%2005 33% (30,741) (35,279) (5,136) (5,976) 4,855 32,764 24 36,311 17,015 (602) 4,687 8,524
21. 174,000 2006 3,726,000 22. 98 2006 116 2,1772006 2,177 23. (93,153) (106,907) (538) (457) 12,288 11,959 1,160 988 6,587 47,626 265 14,768 14,820 49,156 31,233 (i) 7,998 6,134 142 (9,568) (4,898) (4,426) (34,635) 29,915 25,071 82 14,452 (8,924)
23. (i) 11,843 10,499 (3,845) (4,365) 7,998 6,134 24. 83 120 2006 70 25. 27 2006 15 579 43 27,415 15,096 27,994 15,139
26. 348,520 333,947 27. (a) 2007 2006 (b) 18,000 33,700 9(b) 189,000 189,000 207,000 222,700 84 2,887 2,731 2,317 4,053 4,054 4,864 9,258 11,648
28. 11 12 19 18 29. 25% 85 30.
183 46 8035 Clarendon House, 2 Church Street Hamilton HM11 Bermuda 1 3205-07 www.wahsanggas.com Butterfield Corporate Services Limited Rosebank Centre, 11 Bermudiana Road Pembroke, Bermuda 22 1 26 89 9 19 1 86 21