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2016 Country Garden Holdings Company Limited 2007

2007 2016 Country Garden Holdings Company Limited

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企業概覽公司簡介碧桂園森林城市馬來西亞柔佛州 04 碧桂園控股有限公司年度報告 2016

2007.HK 2007 4 20 2007 9 1 2007 9 10 100 2016 9 14 50 2016 12 31 27 2011 12 05

2016 1 2 3 5 1 2 3 4 06

08 2016 2017 4 1 2017 4 1 2017 4 1 2016 12 8 2017 4 1 2017 4 1 2017 4 1 2016 10 1 2016 10 1 2017 4 1 2017 4 1 2017 4 1 2017 4 1 2017 4 1 2017 4 1 * 2017 4 1 2017 4 1 2017 4 1 *

Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 1 528312 11 17 1702 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor, Royal Bank House 24 Shedden Road, George Town Grand Cayman KY1-1110 Cayman Islands 183 22 2007 2007.HK 2007 HK Equity http://www.countrygarden.com.cn 2017 2016 2017 2017 2017 3 22 5 11 5 18 5 23 5 26 7 12 8 09

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2016 2016 2016 12 31 3,088.4120.3% 1,530.9 322.4119.8 35.2% 41.0% 22.3% 59% 41% 2016 12 31 48.7% 11.3 5.66% 54 014

964.91,628.4 20 20 2016 12 31 2.1027 223 100 19.59 33.3%4.06 59.7% 015

2016 2014 10 2016 12 31583 2,612 12% 8.4 403 1992 2007 2017 3 22 016

017

2016 2016 3088.4 3,747 2347.6 2,979 20122016 59.6% 2016 2015 120.3% 2016 71% 41% 36%23% 2016 2015 2014 2013 2012 47.6 128.8 106.0 140.2 308.8 2016 29% 17% 7% 5% 4% 4% 4% 3% 3% 24% * 59.6% * 2016 7% 4% 7% 36% 5% 41% 018

37% 12% 6% 5% 5% 4% 3% 3% 3% 3% 19% * 2016 12 31 16,60463% 36% 17% 12,511 * 0.6 27.5 18.1 68.0 166.0 4.9 14.9 8.2 23.8 019

2016 2016 12 31 204 65% 29% 163 50% 24% 14% 9% 3% <0.01 0.60 0.17 2.04 0.03 0.56 0.68 020

021

2016 2016 12 31 728 722 4 1 1 2 2 2 1 1 1 2 1 022

023 722 1 3 5 5 89 11 4 8 29 9 1 2 14 2 3 4 1 13 6 3 2 1 13 4 19 3 6 27 21 11 37 34 11 88 10 40 10 19 5 1 5 39 11 10 28 257 9 1

2016 2016 100 % 1 5,809,980 100% 3,324,223 3,100,578 3,077,624 12/28/2016 2 7,131,306 100% 2,342,222 2,295,855 2,168,347 3,046 12/29/2016 3 1,646,312 49% 346,492 345,818 337,312 55 12/31/2016 4 717,649 85% 251,614 251,614 222,172 12/15/2016 5 2,630,352 100% 824,817 824,319 813,911 11/30/2016 6 4,380,000 20% 1,602,280 1,383,595 1,235,750 50,477 6/16/2016 7 5,040,629 100% 4,717,991 4,452,913 4,405,716 581 9/30/2016 8 361,305 100% 9 331,038 88% 10 735,452 72% 97,569 97,569 90,204 10/25/2016 11 521,078 51% 78,786 78,786 45,625 33,161 12/29/2016 12 1,794,925 100% 1,511,943 1,454,595 1,410,077 251 11/25/2016 13 473,331 100% 195,585 189,307 163,998 1,381 8/15/2016 14 204,231 43% 15 406,342 85% 16 3,260,940 100% 1,895,258 1,757,033 1,706,349 9/30/2016 17 281,683 100% 16,801 16,801 16,801 12/23/2016 18 549,017 30% 19 118,877 100% 20 3,130,618 92% 2,439,536 2,341,354 2,302,554 4,396 11/10/2016 21 254,077 46% 22 281,982 100% 17,319 17,319 10,794 12/26/2016 (1) 024

(2) (3) 1,156,398 1,054,705 6/14/2011 681,991 3/23/2012 19 1,329,359 17 17 21 1,144,059 984,424 9/21/2011 676,346 7/5/2013 19 3,112,911 17 17 24 532,114 690,310 655,597 11/3/2014 225,254 11/7/2014 19 609,510 17 17 20 459,325 425,757 12/21/2015 361,130 12/15/2015 18 6,710 17 18 1,045,171 1,027,696 5/19/2015 729,726 5/29/2015 19 760,364 17 17 20 547,543 523,078 12/14/2011 133,071 11/18/2014 19 2,230,177 17 17 25 322,638 268,536 4/29/2007 259,804 4/30/2008 18 361,305 356,753 11/13/2015 183,390 3/25/2016 18 331,038 322,182 3/9/2016 320,643 3/16/2016 18 637,883 621,130 4/28/2015 552,505 4/29/2015 19 442,292 409,064 8/20/2015 392,178 8/21/2015 18 282,982 281,687 8/25/2015 234,274 10/30/2015 18 277,746 259,566 12/24/2015 170,689 1/22/2016 18 204,231 196,057 4/27/2016 151,483 6/24/2016 18 327,980 327,980 5/25/2016 204,240 6/15/2016 18 78,362 17 17 19 251,117 241,194 6/19/2008 224,896 12/31/2014 18 1,114,565 17 17 21 264,882 264,882 2/29/2016 190,197 6/15/2016 18 549,017 544,256 4/29/2016 277,385 6/22/2016 19 118,877 116,874 5/24/2016 68,599 6/24/2016 18 574,060 562,604 7/24/2013 372,946 12/10/2014 19 113,730 17 17 20 3,292 244,422 198,540 11/18/2015 156,451 4/26/2016 18 9,655 17 17 19 263,985 260,984 3/11/2016 257,601 4/28/2016 18 678 17 18 025

2016 (1) % 23 228,898 53% 24 3,888,890 100% 1,399,054 1,349,629 1,328,960 5,391 12/30/2016 25 298,005 60% 26 1,651,161 51% 213,921 213,505 157,165 22,029 11/22/2016 27 1,996,534 100% 1,470,467 1,411,492 1,358,653 12/19/2016 28 1,932,916 100% 1,051,260 985,644 964,147 12/20/2016 29 356,380 43% 30 1,127,659 100% 647,815 632,275 609,060 12/30/2016 31 399,218 100% 32 1,530,509 100% 1,123,247 1,100,608 1,100,608 11/24/2016 33 284,714 85% 34 199,880 100% 35 154,304 47% 36 124,829 85% 37 752,278 50% 38 501,093 84% 23,769 23,769 16,526 4/21/2016 39 288,440 94% 40 491,463 75% 41 1 397,151 100% 42 178,857 85% 43 1,066,030 60% 026

(2) (3) 228,898 225,953 12/21/2015 107,275 3/30/2016 19 512,990 507,392 12/28/2009 179,259 12/11/2015 19 1,976,846 17 17 24 235,178 230,774 2/19/2016 150,525 4/8/2016 18 62,827 17 17 19 801,755 796,452 6/14/2013 421,651 12/27/2013 19 570,510 17 17 20 64,975 255,908 238,225 6/27/2008 75,734 3/23/2016 18 270,159 17 17 19 291,143 242,913 10/28/2015 113,608 10/28/2015 18 590,513 17 17 21 287,344 277,360 4/27/2016 192,456 5/13/2016 18 69,036 17 17 19 340,764 253,078 1/27/2014 126,432 2/21/2014 18 139,080 17 17 20 352,107 346,575 12/30/2015 275,910 12/30/2015 18 47,111 17 17 19 275,369 273,392 7/29/2015 216,510 9/30/2015 18 131,893 17 17 19 284,714 283,343 8/31/2016 210,391 9/30/2016 18 199,880 197,909 10/28/2015 157,026 1/18/2016 18 154,304 148,792 12/17/2015 112,357 3/22/2016 18 124,829 118,772 3/22/2016 108,296 4/29/2016 18 117,275 114,383 6/1/2016 110,683 8/5/2016 18 635,003 17 17 20 168,811 154,025 7/8/2016 122,072 7/27/2016 18 167,003 17 17 19 141,510 288,440 277,499 2/5/2016 75,937 6/4/2016 18 235,830 232,185 7/4/2016 156,540 7/22/2016 18 255,633 17 17 20 277,748 258,123 5/6/2016 236,338 6/14/2016 18 119,403 17 17 19 134,919 133,237 2/1/2016 66,578 4/29/2016 18 43,938 17 17 18 612,856 600,809 9/8/2015 273,952 9/8/2015 19 453,174 17 17 19 027

2016 % 44 222,411 51% 146,513 133,472 129,335 73 10/30/2016 45 995,717 100% 797,346 750,517 748,272 155 12/16/2016 46 1,573,914 100% 593,654 583,718 560,580 12/30/2016 47 330,388 35% 48 633,918 60% 49 243,618 43% 125,334 125,334 112,823 805 12/19/2016 50 75,638 49% 51 752,164 54% 52 366,887 90% 53 1,059,044 43% 125,784 113,956 102,535 6,285 12/30/2016 54 399,387 46% 55 171,989 47% 34,611 34,611 34,611 12/25/2016 56 105,871 47% 57 361,552 48% 58 2,725,219 42% 59 1 171,847 95% 60 203,721 85% 61 840,284 92% 60,087 41,966 41,887 79 11/25/2016 62 414,630 90% 125,398 120,475 117,388 403 12/23/2016 63 389,358 20% 64 222,137 93% 16,106 16,106 16,106 12/21/2016 65 50,825 94% 66 445,879 100% 218,937 207,675 184,682 142 5/26/2016 (1) 028

(2) (3) 75,898 66,769 4/30/2014 66,671 4/8/2016 17 197,717 189,444 11/28/2011 187,644 6/30/2015 18 654 17 18 242,126 240,288 3/6/2014 102,523 12/11/2015 18 738,134 17 17 21 330,388 324,136 2/2/2016 112,793 8/4/2016 19 261,055 254,954 2/25/2016 146,183 4/13/2016 18 372,863 17 17 19 118,284 113,569 10/30/2014 106,256 11/14/2014 18 75,638 73,112 1/12/2016 50,533 6/24/2016 17 406,167 406,167 8/12/2016 98,764 9/8/2016 19 345,997 17 17 20 230,535 225,100 4/29/2016 104,301 8/2/2016 18 136,352 17 17 19 337,368 318,425 9/29/2014 90,775 1/27/2016 19 458,463 17 17 20 137,429 214,005 199,147 9/14/2016 136,454 9/27/2016 18 185,382 17 17 19 137,378 137,378 9/1/2015 129,798 9/9/2015 18 105,871 105,871 8/31/2016 97,558 11/3/2016 18 361,552 360,055 9/30/2015 173,854 12/16/2015 18 255,126 245,026 4/27/2016 174,470 8/10/2016 18 2,330,375 17 17 22 139,718 171,847 167,118 1/13/2016 79,128 6/8/2016 18 203,721 200,625 12/11/2015 199,232 12/27/2015 18 296,379 233,917 10/29/2015 182,573 10/30/2015 18 483,818 17 17 19 186,408 178,840 6/11/2015 166,891 8/28/2015 18 102,824 242,859 241,888 6/29/2016 95,919 10/11/2016 18 146,499 17 17 19 178,418 178,418 3/9/2016 105,806 3/25/2016 18 27,613 17 17 19 50,825 44,637 4/28/2016 33,788 6/26/2016 18 226,942 217,783 12/23/2014 126,690 8/19/2015 18 029

2016 (1) % 67 158,924 25% 68 354,422 51% 69 3,725,841 100% 2,398,549 2,283,941 2,255,356 5,037 12/20/2016 70 631,927 51% 71 175,868 70% 72 452,566 45% 73 102,642 65% 74 424,840 100% 315,910 308,207 288,680 9/20/2016 75 326,850 60% 76 128,820 56% 77 226,125 94% 78 449,710 65% 79 377,072 79% 80 534,921 100% 450,690 442,055 436,432 12/29/2016 81 455,010 100% 82 707,219 100% 270,238 264,274 208,297 7,370 10/25/2016 83 120,628 100% 12,072 12,072 11,844 12/22/2016 84 558,223 94% 80,685 80,308 80,308 12/28/2016 85 242,964 91% 86 411,768 51% 59,472 57,248 53,923 671 6/24/2016 87 184,714 80% 88 292,977 51% 292,977 290,426 251,684 17,648 9/8/2015 89 223,452 91% 90 1 271,858 50% 41,607 41,607 36,488 12/16/2016 91 53,588 63% 030

(2) (3) 158,924 114,584 5/31/2016 40,733 9/17/2016 18 354,422 346,214 11/5/2015 157,181 1/28/2016 19 391,207 374,986 1/17/2007 23,304 9/30/2015 19 703,184 17 17 22 232,901 489,750 483,633 4/30/2015 178,651 5/13/2016 19 142,177 17 18 20 175,868 170,443 4/27/2016 75,839 8/5/2016 18 250,104 250,104 8/12/2016 175,193 8/19/2016 18 202,462 97,384 96,303 2/25/2016 94,803 5/28/2016 18 5,258 17 17 18 108,930 105,673 10/15/2015 105,291 10/22/2015 18 326,850 322,288 6/21/2016 187,437 6/24/2016 19 128,820 125,441 12/4/2015 125,441 1/21/2016 18 215,343 186,612 3/24/2016 114,338 4/6/2016 18 10,782 17 17 19 449,710 445,850 8/25/2016 82,745 11/25/2016 19 231,613 231,613 2/2/2016 155,524 4/22/2016 18 145,459 17 17 19 84,231 78,686 6/30/2014 69,323 6/5/2015 18 328,256 323,524 9/9/2016 118,639 9/15/2016 19 126,754 17 17 19 176,614 172,780 7/31/2015 93,960 8/28/2015 18 260,367 17 17 20 108,556 105,484 3/15/2016 33,805 6/24/2016 18 206,170 198,982 9/29/2015 130,323 9/30/2015 19 271,368 17 17 19 239,314 236,908 1/25/2016 166,936 1/29/2016 18 3,650 17 17 19 131,996 126,822 7/24/2015 63,406 9/18/2015 18 172,072 17 17 20 48,228 184,714 183,323 6/15/2016 144,826 6/17/2016 18 223,452 223,452 4/29/2016 160,301 6/23/2016 18 146,396 146,396 10/22/2015 114,200 10/23/2015 18 83,855 17 17 18 53,588 53,092 4/6/2016 40,162 6/18/2016 18 031

2016 % 92 913,930 100% 456,448 444,041 417,338 1,658 12/19/2016 93 579,099 51% 338,219 316,561 315,021 1,248 1/6/2016 94 185,473 51% 95 375,116 92% 9,949 9,919 9,919 12/23/2016 96 187,221 92% 97 1,220,108 100% 996,824 961,258 945,690 2,098 12/15/2016 98 601,061 100% 289,289 274,491 267,685 968 10/30/2014 99 115,713 67% 100 136,765 94% (1) (1) % 1 293,771 55% 2 632,327 55% 139,606 133,357 103,077 454 11/29/2016 3 1,821,999 100% 4 68,061 100% 5 179,597 65% 6 60% (1) (2) (3) (1) (2) (3) 032

(2) (3) 249,101 227,612 10/29/2013 115,391 11/9/2013 18 208,381 17 17 19 143,786 142,142 3/27/2015 84,078 9/8/2015 18 97,094 17 17 19 95,555 95,152 4/27/2016 93,394 6/23/2016 18 89,918 17 17 19 234,851 233,538 1/5/2016 109,628 4/29/2016 18 130,316 17 17 19 187,221 171,990 8/13/2015 168,048 11/6/2015 18 79,854 78,608 12/18/2015 78,284 3/28/2016 17 32,338 17 18 111,092 103,605 99,003 7/30/2012 28,092 6/1/2016 18 208,167 17 17 19 76,114 76,114 3/18/2016 39,199 6/24/2016 18 39,599 17 17 19 136,765 131,876 10/13/2015 124,912 11/20/2015 18 (2) (3) 293,771 17 18 19 280,958 243,332 7/4/2013 2,109 4/22/2016 18 211,763 17 17 20 1,821,999 1,023,001 7/4/2013 540,420 8/6/2013 17 68,061 63,190 6/28/2014 53,366 6/28/2014 18 179,597 17 17 19 033

2016 (1) (2) (3) 110,410,295 49,821,714 47,163,354 46,052,163 184,384 19,373,571 18,576,608 7,105,055 33,185,225 8,029,785 28,740,662 8,653,247 8,306,602 7,758,819 16,709 8,552,084 8,147,067 5,013,240 8,575,927 2,959,404 20,740,931 11,139,210 10,634,828 10,044,243 7,441 3,987,832 3,850,327 2,097,065 3,932,335 1,681,554 15,405,920 6,481,329 6,287,767 6,041,007 54,990 2,963,444 2,850,563 1,354,773 3,819,869 2,141,278 12,660,784 5,469,750 5,304,712 4,951,099 66,284 3,795,801 3,737,730 1,526,699 2,742,572 652,661 9,531,373 5,729,874 5,547,655 5,093,669 19,874 1,416,257 1,393,141 611,751 2,250,353 134,889 7,454,441 834,957 795,771 636,770 37,538 2,100,351 1,972,248 1,021,943 3,519,788 999,345 6,375,749 1,873,998 1,815,810 1,631,623 2,407 1,881,895 1,736,109 670,089 1,900,079 719,777 5,895,074 1,017,266 997,761 877,761 20,557 2,287,134 2,210,970 1,004,149 1,619,401 971,273 5,595,414 1,870,854 1,814,273 1,502,362 6,726 2,000,249 1,929,621 788,243 813,420 910,891 5,405,873 2,062,627 2,019,815 1,640,898 28,409 1,114,274 1,082,272 245,288 1,928,625 300,347 5,243,543 779,268 762,962 692,330 2,785 1,960,188 1,909,938 995,343 1,334,356 1,169,731 4,630,088 1,574,691 1,530,025 1,406,023 4,176 267,721 264,709 53,081 2,787,676 4,541,022 1,375,416 1,344,765 1,224,273 26,354 1,785,346 1,766,550 818,399 1,049,284 330,976 4,520,675 480,134 473,291 378,270 55,996 2,638,830 2,579,758 1,757,822 708,116 693,595 4,241,445 1,127,782 1,084,154 988,865 8,627 1,486,254 1,426,885 385,924 1,272,230 355,179 3,467,177 922,643 922,145 844,208 5,150 1,657,416 1,634,297 915,043 887,118 3,343,769 1,337,486 1,293,989 1,219,871 226 727,475 701,074 124,036 563,316 715,492 2,664,089 977,859 921,957 916,301 826 688,695 389,278 281,933 949,307 48,228 2,461,700 876,846 860,008 754,603 11,965 660,770 609,266 265,693 357,659 566,425 1,936,788 355,245 355,106 313,869 167 461,906 457,617 123,993 936,892 182,745 792,812 547,716 414,764 92,607 245,096 770,777 70,341 69,614 23,969 9,027 220,533 219,559 110,365 382,134 97,769 730,789 183,272 180,321 135,307 9,385 338,509 329,470 72,537 107,229 101,779 479,478 387,682 373,719 330,248 341 44,875 42,645 4,926 46,921 366,993 195,659 195,659 79,896 1,510 53,255 49,151 3,145 118,079 265,108 178,337 178,337 59,745 86,771 177,027 177,027 268,849,796 105,599,150 101,056,063 95,538,447 581,854 63,190,718 60,459,954 27,502,887 76,296,805 23,763,123 2,748,097 139,606 133,357 103,077 454 2,102,957 1,266,333 542,529 505,534 179,597 179,597 68,061 68,061 63,190 53,366 2,995,755 139,606 133,357 103,077 454 2,171,018 1,329,523 595,895 685,131 271,845,551 105,738,756 101,189,420 95,641,524 582,308 65,361,736 61,789,477 28,098,782 76,981,936 23,763,123 (1) (2) (3) 034 (1) (2) (3)

32 402 4 5 159,030 406,342 10 33 2016 6 252016 22.1 21.798% 5 2 107,534 281,982 2016 4 302016 20.4 20.399% 035

2016 5 15 274,845 549,017 2016 7 242016 23.7 21.390% 11 8 20 1.2 62,443 75,638 2016 6 252016 19.0 14.878% 036

20 1.56 108,565 361,305 2016 3 262016 34.9 33.596% 1015 2017 17 145,800 331,038 2016 3 192016 27.8 27.8100% 037

2016 20 20 2015 12 182016 1 222016 3 6 www.forestcitycgpv.com 038

2013 100% 2016 12 311,198,417 97.7 985,723 82.8 212,695 14.9 157,943 2,365 155,578 99,483 15,916 76,724 6,843 84,206 50,604 33,602 78,825 78,825 58,136 58,136 42,151 42,151 36,043 36,043 35,115 35,115 34,360 34,360 32,771 11,721 21,050 039

2016 82 383 83 2016 12 31 * (1) 2000 2 201 2003 11 573 2004 12 225 2005 7 282 2007 5 342 2007 11 337 2009 11 328 2009 11 336 2010 9 335 2010 10 138 2005 12 95 040

* (1) 2007 10 343 2009 2 285 2009 3 374 2010 12 602 2011 1 331 2011 1 336 2011 3 378 2011 5 50 2011 7 631 2011 8 249 041

2016 * (1) 2011 8 335 2011 10 378 2011 11 454 2011 11 129 2011 12 129 2011 12 333 2012 4 11 2012 6 338 2012 7 321 2012 7 331 042

* (1) 2012 9 334 2012 10 336 2012 11 336 2012 12 336 2012 12 118 2013 3 129 2013 7 134 2013 12 134 2014 1 199 2014 4 84 043

2016 * (1) 2014 7 600 2014 7 113 2014 10 50 2015 2 138 2015 10 284 2015 10 336 2015 10 210 2015 11 134 2015 11 82 2015 11 193 044

(2) (3) * (1) *2017 510 *2017 1,047 *2017 1,238 *2017 138 *2017 254 *2017 251 *2017 194 *2017 283 *2017 168 *2017 105 *2017 199 (1) (2) 2013 12 31 (3) 2015 10 16 045

2016 2012 2013 2014 2015 2016 41,890,984 62,724,729 84,548,803 113,222,640 153,086,977 11,541,913 13,473,153 16,369,125 14,833,109 21,390,572 (4,657,351) (4,625,173) (5,757,225) (5,121,428) (7,727,349) 6,884,562 8,847,980 10,611,900 9,711,681 13,663,223 6,852,651 8,514,104 10,229,159 9,276,485 11,516,815 31,911 333,876 382,741 435,196 2,146,408 6,884,562 8,847,980 10,611,900 9,711,681 13,663,223 37.50 45.97 53.45 42.54 52.17 2012 2013 2014 2015 2016 40,610,992 60,025,745 75,415,162 89,940,229 106,736,094 95,911,156 146,213,683 192,617,047 272,016,098 484,835,507 68,707,328 114,904,283 156,623,024 201,594,927 405,314,008 27,203,828 31,309,400 35,994,023 70,421,171 79,521,499 67,814,820 91,335,145 111,409,185 160,361,400 186,257,593 28,930,412 45,323,978 48,966,759 71,020,994 104,642,423 37,577,149 43,953,620 56,686,205 65,290,710 70,128,365 1,307,259 2,057,547 5,756,221 24,049,696 11,486,805 38,884,408 46,011,167 62,442,426 89,340,406 81,615,170 2.06 2.38 2.79 2.89 3.25 1 20,263,748 29,569,189 33,854,619 41,865,917 39,705,989 % 51.6 64.3 57.0 60.0 48.7 1. 046

047 62.7 41.9 84.5 113.2 153.1 2012 2013 2014 2015 2016 8.0 6.8 9.2 9.8 12.0 2012 2013 2014 2015 2016 8.5 6.9 10.2 9.3 11.5 2012 2013 2014 2015 2016 44.0 37.6 56.7 65.3 70.1 2012 2013 2014 2015 2016 64.3 51.6 57.0 60.0 48.7 2012 2013 2014 2015 2016 2.38 2.06 2.79 2.89 3.25 2012 2013 2014 2015 2016

2016 35.2% 153,087.0 (i) (ii) (iii) (iv) (v)2016 153,087.0 2015113,222.6 35.2%96.8% 201596.7%3.2% 20153.3% 048

2016 2016 2015109,460.4 35.4%148,180.1 2016 2,394 2015 1,767 35.5% 6,191 2015 6,194 35.4% 148,180.1 2015 746.453.1% 2016 1,143.0 53.1% 1,143.0 049

2016 33.3% 1,959.1 2016 12 31 2.10 27 223 100 2016 1,959.1 33.3%405.5 59.7% 050

2015 1,454.917.4% 2016 1,707.6 2015 91.75.9% 2016 97.1 2016 711.6 2015 809.812.1% 2016 12 31 120 9,773.4 8,277.0 1,496.4 17.4% 1,707.6 051

2016 22.3% 11,984.6 2016 1,095.32015 1,289.52016 6,876.8 97.9% 2015 5,061.7100% 311.8 2015 9,276.5 24.2% 2016 11,516.8 2016 11,984.6 2015 9,796.2 22.3% 052

2016 12 31 96,490.92015 12 31 47,877.9 2016 12 31 93.8% 2015 12 3197.7% 6.2% 2015 12 312.3% 96,490.9 2016 12 31 11,844.02015 12 31 11,637.1 053

2016 2014 10 13 1,271,988,736 25.0 2015 4 20 2,236,200,000 49.5 2016 2016 12 31 79,521.52015 12 31 70,421.2 2016 12 31 1.22015 12 31 1.3 2016 12 31 69,222.8 29,264.4 37,709.62015 12 31 53,607.1 20,878.2 15,258.5 30,512.7 36,195.5 2,514.6 2015 12 31 22,778.030,336.9 492.2 2016 12 312015 12 31 2016 12 31 7,043.4 79,521.5 054

2015 12 31 60.0% 2016 12 31 48.7% 48.7% 055

2016 2016 12 31 056

2016 12 31 127,502.7 2015 12 31 60,636.2 5.66% 2015 12 31 54 2015 2016 12 31 2015 12 31 50.9 127,502.72015 12 31 60,585.3 (i) (ii) 057

2016 2016 12 31 18,617.42015 12 31 1,781.9 2016 12 31 94,933.42015 12 31 84,825.3 2016 12 3194,450 2015 12 3168,150 058

2014 403 2017 059

2016 62 2006 12 19921997 1986 1997 1997 20032007 39 25 2009 2010 2011 20122012 201520152016 YEUNG Kwok Keung 35 2006 122012 3 2005 2008 YANG Huiyan 062

50 2010 7 1989 27 MO Bin 44 2013 5 19952008 20082013 5 22 ZHU Rongbin 063

2016 54 2014 4 1984 1987 2001 2002 2009 2014 4 20042009 CFO2008 200930 60 33 WU Jianbin 3.06(2) 2017 4 1 064

29 2011 5 2008 YANG Ziying 62 2006 12 19941997 19861997 1997 392320 2017 4 1 SU Rubo 67 2006 12 19941997 19861997 1997 3923 2017 4 1 OU Xueming 065

2016 43 2006 12 1997 23 YANG Zhicheng 52 2013 5 199719861991 19921997 1997 20072013 52520 XIE Shutai 49 2013 5 1994 1997 2005 20 SONG Jun 066

58 2013 5 19991985 1994 19941999 2011 32 LIANG Guokun 51 2013 12 2005 10 2013 2 SU Baiyuan 067

2016 38 2016 12 2015 CHEN Chong 72 2006 12 1973 1974/75 1979/80 1986 2014 5 23 LAI Ming, Joseph 068

SHEK Lai Him, Abraham 71 2006 12 19952013 2015 1 1 2014 5 12 2017 1 6 2016 3 11 2015 10 16 2016 4 25 069

2016 66 2006 12 30 TONG Wui Tung, Ronald 46 2012 12 2013 6 52016 11 16 2016 1 1 HUANG Hongyan 49 2012 12 2017 4 1 HUANG Xiao 070

47 2013 5 2015 3 282016 7 18 2016 3 24 MEI Wenjue 55 2014 4 11990 1986 1999 2002 6 YEUNG Kwok On 071

2016 68 2007 3 36 2016 10 1 51 2016 10 11988 11 1991 3620022007 2015 2007 20122014 6 9 47 2015 5 2015 5 23 51 2013 24 45 2008 2008 20 072

43 1996 2003 2014 8 2010 20032006 20062008 20082010 2010 6 15 53 2015 21 43 2014 4 1995 2015(EMBA) 2005 19992002 20022005 20051222 2017 4 1 43 2014 19952014 3 2010 102014 3 073

2016 45 200019932000 20002014 9 8 15 461992 2014 924 41 17 2014 2015 3 422014 2014 11 39 2014 074

38 2016 10EMBA 2002 20082010 2012 4 15 41 2011 1999 17 45 (EMBA) 1992 2012 2013 2015 201625 075

2016 2016 12 31 2016 12 31 2016 12 3113 1 7 076

2016 12 8 2017 4 1 2017 4 1 2016 12 31 3.13 3.13 077

2016 2013 8 6 2016 3 15 2016 12 31 21 20 19 18 60 17 5 16 15 14 13 50 59 12 11 10 9 8 7 6 5 4 3 2 40 49 30 39 1 20 29 3 4 0 2 078

2016 12 8 2018 12 31 (i) (ii) (iii) 079

2016 4 1 14 3 2016 12 314 103(1) 080

2016 12 31 2016 12 31 2 4/4 2/2 3/3 3/3 27/27 1/1 4/4 3/3 27/27 31/33 0/1 3/4 2/3 2/3 27/27 33/33 1/1 4/4 27/27 0/1 4/4 27/27 33/33 1/1 4/4 27/27 0/1 4/4 0/1 4/4 0/1 4/4 27/27 0/1 4/4 0/1 4/4 0/1 4/4 0/1 4/4 0/1 1 3/4 2/3 1/2 2/3 1/1 4/4 3/3 3/3 1/1 4/4 3/3 2/2 3/3 1/1 4/4 3/3 2/2 3/3 1/1 4/4 3/3 2/2 3/3 0/1 4/4 0/1 3/4 0/1 1 2016 12 8 2 2016 081

2016 2016 12 31 1 2 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 082

1 2 1,2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1, 2 A, B 1 1 2 2 A. B. 083

2016 6 2006 12 2017 4 1 (i) (ii) (iii)(iv) (v) (vi) 084

2016 12 31 3 81 2012 3 4 4 2017 4 1 (i) (ii) (iii)(iv) 2016 12 31 2 81 2006 12 6 2 4 2017 4 1 (i) (ii) (iii) 085

2016 2016 12 313 81 2016 12 31 1,000,001 2,000,000 1 2,000,001 3,000,000 1 3,000,001 4,000,000 2 5,000,001 6,000,000 3 6,000,001 7,000,000 1 7,000,001 8,000,000 2 8,000,001 9,000,000 2 9,000,001 10,000,000 2 17,000,001 18,000,000 1 25,000,001 26,000,000 1 39,000,001 40,000,000 1 43,000,001 44,000,000 1 2012 3 (i) (ii)(iii) (iv) (v) 2016 12 31 3 81 086

2014 6 2017 4 1 (i) (ii) (iii) 2016 12 31 2014 82015 5 132016 3 152017 1 4 2017 4 15 2 3 2017 4 1 32 (i) 23 (ii) 1 2016 12 31 087

2016 2016 12 31 15 2016 10 1 2016 12 3115 088

COSO (Committee of Sponsoring Organizations of the Treadway Commission) 2015 5 13 089

2016 090

2016 12 31 2016 12 31 2016 12 31 2012 6 091

2016 2008 2016 12 31 2016 7,800 3,480 1,460 1,000 3,401 2016 12 31 118123 092

58 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands 1117 1702 21 2219613 ir@countrygarden.com.cn 2016 12 31 093

2016 2016 12 31 2015 094

www.countrygarden.com.cn 1 7 2 24 3 15 2015 3 16 3 31 4 20 4 29 5 5 5 27 6 13 6 15 8 18 2016 8 19 9 9 9 6 9 7 2016 10 27 10 28 11 3 4 2016 11 28 12 3 095

2016 2016 12 31 2016 12 31 6 2016 12 31 126 127 2016 12 31 a. 48 59 b. c. 2016 12 31 45 245 d. e. 48 59 46 47 48 59 096

f. g. h. 2016 58 59 101 76 95 96 115 097

2016 2016 12 31 10.202015 6.4717.12201512.95 2017 5 22 2017 5 26 2017 7 12 2016 12 31 7 2016 12 31 25 2016 12 31 26 2016 12 31 (a) 1. 2016 9 20 650,000,000 20234.75% 633,300,000 2. 2016 12 7 350,000,000 20265.625% 346,600,000 098

(b) 1. 2016 3 22016 4,000,000,0004.75%5 3,980,000,000 2. 2016 3 292016 4,000,000,0004.55%4 3,980,000,000 3. 2016 8 22016 1,000,000,0004.60%5 995,000,000 4. 2016 9 22016 10,000,000,000 4,170,000,000 4.15%4 5,830,000,0005.65% 7 9,959,000,000 2016 12 313,000,000,000 2,987,130,000 2016 12 31 23 24 099

2016 2016 12 31 2016 12 31 2016 12 31 2016 12 31 2,484,160,000 2015 1,748,949,000 2016 12 3146 2016 12 31420,009,0002015 83,038,000 2016 12 31 46 100

2016 12 310.19% 30% 2016 12 310.61% 30% 2016 12 31 5% 5% 52% 12% 12% 2016 12 31 5% 2016 12 31 101

2016 2016 12 31 2017 4 1 2017 4 1 2017 4 1 2016 12 8 2017 4 1 87 2017 2017 86(3) 2017 2017 102

13.51B(1) 2016 8 18 2016 13.51(2)(a) (e) (g) SZ.300562 2016 11 16 2013 6 5 2016 7 18 2015 3 28 872 2017 1 6 2016 12 31 48 33 2016 12 312016 12 31 2017 4 1 2017 4 1 52% 12% 12% 2016 12 31 2016 12 31 103

2016 2016 12 31 (a) 2016 12 31 14A.49 1. 2014 1 1 2014 12 312015 12 312016 12 3131,5001,800 2,0002016 12 31 1,055 2016 12 312016 12 30 2017 1 1 2017 12 312018 12 31 2019 12 313 2,0002,200 2,500 2. 2015 1 1 2015 12 312016 12 312 2002016 12 31 57 104

2016 12 312016 12 30 2017 2017 1 1 2017 2017 12 312018 12 312019 12 313 200 (b) 14A.55 (a) (b) (c) 14A.56 (i) (ii) (iii) (iv) 105

(vi) 10%10% 30%2017 3 19 1,636,000,000 14,061,8712017 3 19 7.66% (vii) 12 1% 12 (1) 0.1%(2) 5 (viii) 10 107

2016 2016 1 1 2016 12 31 1,014,786 1,014,786 3.646 30.11.2012 30.11.2012 29.11.2022 1,014,786 1,014,786 3.646 30.11.2012 30.11.2012 29.11.2022 1,014,786 1,014,786 3.646 30.11.2012 30.11.2012 29.11.2022 204,231 (204,231) 3.020 14.1.2016 14.1.2021 13.1.2026 186,342 186,342 3.332 16.3.2016 16.3.2021 15.3.2026 968,146 968,146 4.773 13.12.2013 13.12.2018 12.12.2023 1,515,933 1,515,933 4.773 13.12.2013 13.12.2018 12.12.2023 1,653,950 (1,653,950) 3.020 14.1.2016 14.1.2021 13.1.2026 1,509,074 1,509,074 3.332 16.3.2016 16.3.2021 15.3.2026 525,597 525,597 3.106 11.5.2016 11.5.2021 10.5.2026 449,031 449,031 3.740 19.8.2016 19.8.2021 18.8.2026 807,192 (807,192) 3.020 14.1.2016 14.1.2021 13.1.2026 736,487 736,487 3.332 16.3.2016 16.3.2021 15.3.2026 1,074,264 1,074,264 3.106 11.5.2016 11.5.2021 10.5.2026 816,050 816,050 3.740 19.8.2016 19.8.2021 18.8.2026 5,528,437 7,962,218 (2,665,373) 10,825,282 3,236,589 3,236,589 4.773 13.12.2013 13.12.2018 12.12.2023 3,236,589 3,236,589 8,765,026 7,962,218 (2,665,373) 14,061,871 108

2017 3 19 2016 1 142016 3 162016 5 112016 8 192.98 3.20 3.060 3.58 2016 12 31 2016 12 312016 3 152016 5 112016 8 182016 12 83,658,5455,365,064764,071 10,115,7942016 12 312016 12 31 107,771,5512015 12 31107,771,551 27 109

2016 2016 12 31XV 352 (a) 2016 12 31 53,372,800 1 53,372,800 0.24% 12,236,706,943 2 12,236,706,943 56.63% 3,200,000 7,511,000 10,711,000 0.04% 2,756,042 2,756,042 0.01% 3,200,849 3,200,849 0.01% 2,750,000 2,750,000 0.01% 749,437,312 3 186,342 5 749,623,654 3.46% 772,144,068 4 968,146 5 773,112,214 3.57% 3,999,635 5 3,999,635 0.01% 901,266 6 901,266 0.01% 2,626,801 5 2,626,801 0.01% 1,674,936 7 1,674,936 0.01% 436,096 419,643 8 855,739 0.01% 12,236,706,943 9 12,236,706,943 56.63% 1,014,786 5 1,014,786 0.01% 1,014,786 5 1,014,786 0.01% 1,014,786 5 1,014,786 0.01% 110

1. 90% 2. Genesis Capital Global Limited Golden Value Investments Limited 3. 4. 5. 0.10 6. 7. 8. 9. (b) 2016 12 31 3,200,000 3,200,000 1 0.01% 3,200,000 2 3,200,000 0.01% 1. Golden Value Investments Limited 2. 111

2016 2016 12 31 336 5% XV23 2016 12 31 9,303,378,010 1 43.06% Genesis Capital Global Limited 2,840,000,000 2 13.14% 2,236,200,000 3 4 10.02% 1. 2. Genesis Capital Global Limited 3. H 2318A601318 2016 12 31 2016 5 12 4. 2016 12 31 2016 5 12 2016 12 315% XV23 112

1,086,053,000 150,947,000 3.02 2.85 446,644,312.40 40,000,000 3.00 2.91 118,564,000.00 7,540,000 3.03 3.00 22,751,000.00 6,384,000 3.00 3.00 19,152,000.00 57,757,000 3.10 2.98 173,987,184.0 57,952,000 3.10 3.03 177,463,890.00 56,585,000 3.28 3.19 183,924,384.00 126,258,000 4.30 4.04 525,126,712.00 274,459,000 4.22 3.80 1,105,959,909.00 203,395,000 4.34 4.09 847,826,423.00 104,776,000 4.48 4.21 452,855,702.00 2016 1 8 2016 12 31 2016 12 31 113

2016 8.08(1)(a) (b) (i) 25% (ii) 25% 15% 50 8.08(1)(d) 15% (16.87%) 10,000 2007 4 3 2007 4 20 10,000 2016 12 31 2017 114

2017 (i) 2017 2017 5 11 4 30 2017 5 11 2017 5 12 2017 5 18 (ii) 2017 2017 5 24 4 30 2017 5 25 2017 5 26 2017 5 26 183 22 2017 3 22 115

2016 124 258 2016 12 31 2016 12 31 118

5 1114 2016 12 31 299,610,880,000 51% (i) (ii) 119

2016 5 2016 12 31 12,858,675,000 2% (i) (ii) 2016 12 31 120

121

2016 122

2017 3 22 123

2016 12 31 2016 2015 7 20,877,029 20,019,841 8 9,773,430 8,686,295 9 239,367 121,539 10 2,536,458 2,052,170 11 52,342,374 52,727,068 12(b) 7,311,153 803,934 12(c) 3,873,349 884,492 13 870,734 4(c) 214,998 22 1,034,387 16 55,500 642,950 30 7,822,313 3,786,942 106,736,094 89,940,229 11 216,383,252 135,107,046 14 30,885,254 34,114,127 15 2,203,727 1,978,437 16 117,321,747 42,242,116 14,042,259 9,490,355 17 11,843,988 11,637,126 18 84,646,899 36,240,752 19 7,321,236 1,188,096 22 187,145 18,043 484,835,507 272,016,098 192,408,932 96,516,079 20 151,789,260 73,385,200 21 7,043,440 15,310,412 8,905,412 24 8,207,477 25 30,512,725 22,778,038 22 41,762 10,198 405,314,008 201,594,927 79,521,499 70,421,171 124 186,257,593 160,361,400

12 31 2016 2015 23 29,264,448 20,878,179 24 29,502,147 15,258,499 25 38,710,079 30,829,079 237,445 239,520 30 6,928,304 3,815,717 104,642,423 71,020,994 26 25,677,217 29,212,611 28 4,484,042 3,942,139 28 39,967,106 32,135,960 70,128,365 65,290,710 29 19,528,000 11,486,805 4,521,696 11,486,805 24,049,696 81,615,170 89,340,406 186,257,593 160,361,400 133 258 124258 2017 3 22 125

2016 12 31 2016 2015 6 153,086,977 113,222,640 32 (120,850,891) (90,359,341) 32,236,086 22,863,299 31 1,530,465 423,985 8 711,604 809,812 32 (7,383,618) (4,688,695) 32 (4,970,364) (3,230,024) 22,124,173 16,178,377 34 532,870 221,079 34 (1,628,175) (1,510,589) 34 (1,095,305) (1,289,510) 12(b), 12(c) 361,704 (55,758) 21,390,572 14,833,109 35 (7,727,349) (5,121,428) 13,663,223 9,711,681 11,516,815 9,276,485 1,409,534 356,104 736,874 79,092 2,146,408 435,196 13,663,223 9,711,681 126

12 31 2016 2015 28 45,921 28 4,748 22 89,982 22 (295,901) 299,455 (899,069) 139,457 (894,321) 13,802,680 8,817,360 11,585,197 8,453,384 1,409,534 356,104 807,949 7,872 2,217,483 363,976 13,802,680 8,817,360 38 52.17 42.54 38 52.13 42.53 133 258 127

2016 2015 12 31 29,212,611 3,942,139 32,135,960 65,290,710 19,528,000 4,521,696 24,049,696 89,340,406 9 3(i) (327,932) (327,932) (327,932) 2016 1 1 29,212,611 3,942,139 31,808,028 64,962,778 19,528,000 4,521,696 24,049,696 89,012,474 11,516,815 11,516,815 1,409,534 736,874 2,146,408 13,663,223 45,921 45,921 45,921 22(d) 89,982 89,982 89,982 22(d) (295,901) (295,901) (295,901) 228,380 228,380 71,075 71,075 299,455 68,382 11,516,815 11,585,197 1,409,534 807,949 2,217,483 13,802,680 128

86,400 86,400 3,298,877 3,298,877 3,385,277 (19,528,000) (19,528,000) (19,528,000) 352,697 (352,697) (3,005,040) (3,005,040) (1,409,534) (162,931) (1,572,465) (4,577,505) 26 (3,535,394) (3,535,394) (3,535,394) 27 33 82,834 82,834 82,834 43 2,888,606 2,888,606 2,888,606 42 (11,653) (11,653) (11,653) 41 (48,410) (48,410) 144,261 144,261 95,851 (3,535,394) 473,521 (3,357,737) (6,419,610) (20,937,534) 6,157,160 (14,780,374) (21,199,984) 2016 12 31 25,677,217 4,484,042 39,967,106 70,128,365 11,486,805 11,486,805 81,615,170 133 258 129

2016 2015 1 1 24,262,047 4,243,448 28,180,710 56,686,205 3,090,000 2,666,221 5,756,221 62,442,426 9,276,485 9,276,485 356,104 79,092 435,196 9,711,681 4,748 4,748 4,748 (827,849) (827,849) (71,220) (71,220) (899,069) (823,101) 9,276,485 8,453,384 356,104 7,872 363,976 8,817,360 16,838,000 1,155,383 17,993,383 17,993,383 (400,000) (400,000) (400,000) 547,660 (547,660) (4,773,575) (4,773,575) (356,104) (50) (356,154) (5,129,729) 26 4,950,564 4,950,564 4,950,564 27, 33 30,111 30,111 30,111 740,569 740,569 740,569 (55,979) (55,979) (48,299) (48,299) (104,278) 4,950,564 521,792 (5,321,235) 151,121 16,081,896 1,847,603 17,929,499 18,080,620 2015 12 31 29,212,611 3,942,139 32,135,960 65,290,710 19,528,000 4,521,696 24,049,696 89,340,406 133 258 130

12 31 2016 2015 37 57,303,143 (6,488,588) (9,919,363) (6,144,944) (6,121,022) (4,956,400) 41,262,758 (17,589,932) 43 (3,122,462) (1,637,726) 42 (595,296) 34,837 (1,907,034) (2,197,538) 37 156,401 (107,035) (344,564) (19,321) (12,467) (545,019) (74,797) (5,295,417) (712,771) (1,659,452) (399,181) 775,971 (2,046,832) (775,971) 9,560 34,419 37 232,365 255,447 13 (601,962) 19 (6,133,140) (1,188,096) 34 532,870 221,079 (20,457,345) (6,665,787) 131

2016 12 31 2016 2015 3,385,277 17,993,383 26 4,950,564 26 (3,535,394) 41 12,000 16,722 41 (244,671) (127,000) 24 21,901,130 15,111,799 29 (19,528,000) (400,000) (8,325,469) 23 6,654,357 5,483,516 21 7,043,440 (51,166) 36,535,512 32,895,610 (20,507,403) (20,779,394) 36 (3,005,040) (4,773,575) (1,192,419) (325,372) (64,631) (50) 27,454,158 41,669,568 48,259,571 17,413,849 36,240,752 18,760,590 146,576 66,313 18 84,646,899 36,240,752 133 258 132

1 2006 11 10221961 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111 Cayman Islands 2017 3 22 2 2.1 4 133

2016 2 2.1 2.1.1 (i) 2016 1 1 (ii) 2016 1 1 12 2017 1 1 7 2017 1 1 2 2018 1 1 15 2018 1 1 16 2019 1 1 10 28 15 134

2 2.1 2.1.1 (ii) 2016 1 1 15 (1)(2) (3) (4)(5) 15 15 18 11 13 1518 31 135

2016 2 2.1 2.1.1 (iii) 9 9 2018 1 1 2016 1 12014 7 9 3 2.2 2.2.1 (i) 136

2 2.2 2.2.1 (i) 39 (ii) 137

2016 2 2.2 2.2.1 (iii) 2.2.2 2.3 20% 50% 138

2 2.3 2.4 139

2016 2 2.4 2.5 2.6 (i) (ii) 2.26 140

2 2.6 (iii) 2.7 20 40 5 10 5 10 5 8 2.10 141

2016 2 2.7 2.8 16 142

2 2.9 (i) (ii) 2.10 143

2016 2 2.11 (i) (ii) 144

2 2.11 (ii) 145

2016 2 2.12 4(a) 9 9 2.13 12 12 146

2 2.13 147

2016 2 2.14 2.15 2.16 2.17 148

2 2.18 11 2.19 149

2016 2 2.20 2.21 2.22 2.23 2.24 150

2 2.25 12 2.26 2.27 151

2016 2 2.27 2.28 2.29 (i) (ii) 152

2 2.29 (ii) (iii) 2.30 (i) 153

2016 2 2.30 (ii) 2.31 154

2 2.32 2.33 (i) 155

2016 2 2.33 (ii) 2.18 (iii) (iv) (v) (vi) 2.34 2.35 2.36 (i) (a) 156

2 2.36 (i) (b) (ii) 2.37 2.38 157

2016 3 2.1.1(iii)2016 1 1 2014 7 9 9 9 39 39 97 (i) 2016 1 1 39 32,135,960 3(iii)(a) (69,838) 3(iii)(b) (258,094) 9 (327,932) 9 31,808,028 158

3 (i) 9 2016 1 1 9 2016 1 1 39 214,998 (214,998) 214,998 9 214,998 2016 1 1 39 13,415 (13,415) 13,415 9 13,415 159

2016 3 (i) 2016 1 1214,998,000 13,415,000 2.13 39 (ii) 9 (iii) 9 9 (a) 2016 1 1 9 2016 1 1 4(a)(iv) 69,838,0004(a)(iv) 2016 1 1 160

3 (iii) (b) 9 2016 1 1 4(a)(iv) 258,094,0004(a)(iv) 2016 1 1 4 2017 (a) (i) 161

2016 4 (a) (i) 2016 2015 752,616 17,684 2,726,002 386,984 4,608,172 587,672 386,193 164,518 8,472,983 1,156,858 3,932,713 3,710,616 37,456,159 28,009,239 9,419,855 3,787,249 819,170 368,488 51,627,897 35,875,592 162

4 (a) (i) 5% 5%5% 2016 2015 5% 159,005 184,647 5% (159,005) (184,647) 5% 1,736,508 1,381,113 5% (1,736,508) (1,381,113) 5% 182,844 119,984 5% (182,844) (119,984) (ii) 19 5% 2016 12 31 45,000,0002015 45,000,000 (iii) 163

2016 4 (a) (iii) 2016 12 3156,250,162,000201553,607,117,000 2016 12 3150 281,251,000 2015268,036,000 (iv) 164

4 (a) (iv) 80% 20% 39 2016 1 1 165

2016 4 (a) (iv) i. B 12 12 30 60 120 2016 1 12016 12 31 166

4 (a) (iv) i. 2016 12 31 B 1~12% 12 2,046,832 2,024,659 2016 12 31 2015 12 3139 93,117 2016 1 19 93,117 (93,117) 22,173 2016 12 319 22,173 167

2016 4 (a) (iv) i. 2016 12 31 2,046,832,000 2015775,971,0002,024,659,000 2015775,971,000 2015 ii. 9 2016 12 31 0 90 90 180 180 0.1% 2.0% 5.0% 12,519,539 580,738 628,407 13,728,684 12,520 11,615 31,420 55,555 0 180 180 1 1 2 2 3 3 0.1% 1.0% 10.0% 15.0% 20.0% 79,444,706 3,836,670 714,974 593,472 847,778 85,437,600 79,445 38,367 71,497 89,021 169,556 447,886 168

4 (a) (iv) ii. 2016 12 31 2015 12 31 39 34,859 309,267 344,126 2016 1 1 9 34,859 309,267 344,126 20,696 138,619 159,315 2016 12 31 9 55,555 447,886 503,441 2016 12 31 99,166,284,000201533,100,157,000 98,662,843,000201533,100,157,000 2015 169

2016 4 (a) (v) 2017 12 31 2017 12 31(1)2017 2016(2)(3) 2016(4) 2017 170

4 (a) (v) 2016 12 31 2,016,933 2,016,933 21,079,158 13,836,280 38,949,304 33,756,108 19,868,415 19,169,155 2,590,197 75,383,875 9,923,618 16,858,955 12,288,185 2,078,000 41,148,758 7,230,392 7,230,392 137,894,311 137,894,311 41,762 41,762 190,863,124 38,744,303 52,536,498 18,504,477 300,648,402 171

2016 4 (a) (v) 2015 12 31 1,559,682 1,559,682 14,894,492 10,830,107 28,843,963 25,682,643 14,687,381 18,677,147 509,148 59,556,319 714,346 888,426 16,063,487 17,666,259 67,571,499 67,571,499 10,198 10,198 95,538,368 17,135,489 49,635,126 11,339,255 173,648,238 (b) 172

4 (b) 20162015 12 31 2016 2015 23 24 25 136,196,876 89,743,795 18 (84,646,899) (36,240,752) 17 (11,843,988) (11,637,126) 39,705,989 41,865,917 81,615,170 69,812,406 49% 60% (c) 1 1 2 3 173

2016 4 (c) 1 2 3 2016 12 31 870,734 870,734 1,221,532 1,221,532 1,188,096 6,133,140 7,321,236 1,188,096 7,354,672 870,734 9,413,502 41,762 41,762 2015 12 31 214,998 214,998 18,043 18,043 1,188,096 1,188,096 18,043 1,403,094 1,421,137 10,198 10,198 174

4 (c) (i) 2 2 3 2 2 (ii) 3 2016 12 312015 12 313 2016 2015 1,403,094 208,667 601,962 1,188,096 31,412 6,331 22,362 1 (*) (1,188,096) 870,734 1,403,094 7,380 9,560 * 2016 175

2016 4 (d) 2016 870,734 870,734 100,687,502 100,687,502 11,843,988 11,843,988 84,646,899 84,646,899 1,221,532 1,221,532 7,321,236 7,321,236 870,734 8,542,768 197,178,389 206,591,891 2015 214,998 214,998 33,876,128 33,876,128 11,637,126 11,637,126 36,240,752 36,240,752 18,043 18,043 1,188,096 1,188,096 214,998 1,206,139 81,754,006 83,175,143 176

4 (d) 2016 29,264,448 29,264,448 69,222,804 69,222,804 37,709,624 37,709,624 137,894,311 137,894,311 7,043,440 7,043,440 41,762 41,762 281,134,627 41,762 281,176,389 2015 20,878,179 20,878,179 53,607,117 53,607,117 15,258,499 15,258,499 67,571,499 67,571,499 10,198 10,198 157,315,294 10,198 157,325,492 177

2016 5 (a) 2016 12 31 299,610,880,000 2015 12 31221,948,241,000 51% 2015 12 3161% 2016 12 31 2015 (b) 2016 12 31 12,858,675,0002015 12 3112,142,589,000 2% 2015 12 313% 12% 4% 60% 65% 2016 12 312015 12 31 178

5 (c) (d) 8 39 20% 4(a)(iv) (e) 179

2016 6 789 10 180

6 2016 2015 148,180,135 109,460,370 1,143,012 746,355 97,136 91,747 1,959,060 1,469,307 1,707,634 1,454,861 153,086,977 113,222,640 90% 10% 181

2016 6 2016 12 31 148,180,135 20,068,771 97,136 2,358,449 1,794,463 172,498,954 (18,925,759) (399,389) (86,829) (19,411,977) 148,180,135 1,143,012 97,136 1,959,060 1,707,634 153,086,977 462,893 24,426 14,199 499,236 1,000,754 21,086,754 207,356 717,628 405,531 (81,219) 22,336,050 2016 12 31 538,238,604 10,581,790 9,784,491 2,236,630 13,494,271 574,335,786 1,389,217 18,823 107,035 23,089 1,033,103 2,571,267 335,241,443 6,838,329 12,768 1,378,201 964,896 344,435,637 2015 12 31 109,460,370 13,634,456 91,747 1,940,853 1,508,247 126,635,673 (12,888,101) (471,546) (53,386) (13,413,033) 109,460,370 746,355 91,747 1,469,307 1,454,861 113,222,640 421,128 35,444 13,482 359,718 829,772 14,975,696 170,418 903,529 253,864 (188,733) 16,114,774 2015 12 31 326,818,471 7,268,206 8,686,295 975,304 12,999,972 356,748,248 1,507,855 15,746 344,564 4,287 917,683 2,790,135 160,280,150 8,180,750 8,011 737,945 933,943 170,140,799 182

6 2016 12 31 11,184,502,00020151,688,426,000 2016 2015 22,336,050 16,114,774 149,827 7,845 (1,095,305) (1,289,510) 21,390,572 14,833,109 (7,727,349) (5,121,428) 13,663,223 9,711,681 183

2016 6 2016 2015 574,335,786 356,748,248 7,822,313 3,786,942 7,321,236 1,188,096 214,998 870,734 1,221,532 18,043 591,571,601 361,956,327 344,435,637 170,140,799 6,928,304 3,815,717 15,310,412 8,905,412 29,264,448 20,878,179 69,222,804 53,607,117 37,709,624 15,258,499 7,043,440 41,762 10,198 509,956,431 272,615,921 184

7 2015 1 1 12,193,612 577,305 1,398,052 1,433,227 5,860,344 21,462,540 (1,302,732) (240,855) (591,821) (684,614) (2,820,022) 10,890,880 336,450 806,231 748,613 5,860,344 18,642,518 2015 12 31 10,890,880 336,450 806,231 748,613 5,860,344 18,642,518 748 48,440 49,188 753,494 39,315 88,130 156,594 1,320,774 2,358,307 1,697,522 (1,697,522) (92,119) (8,242) (31,234) (120,099) (5,100) (256,794) (271,363) (52,137) (175,988) (262,567) (762,055) (6,789) (980) (1,785) (1,769) (11,323) 12,971,625 314,406 686,102 569,212 5,478,496 20,019,841 2015 12 31 14,443,981 597,629 1,420,246 1,447,420 5,478,496 23,387,772 (1,472,356) (283,223) (734,144) (878,208) (3,367,931) 12,971,625 314,406 686,102 569,212 5,478,496 20,019,841 185

2016 7 2016 12 31 12,971,625 314,406 686,102 569,212 5,478,496 20,019,841 43 77,028 77,028 857,765 60,768 194,765 120,332 666,262 1,899,892 426,126 (426,126) (406) (406) (73,036) (12,692) (71,558) (41,552) (14,805) (213,643) (399,012) (72,186) (177,337) (272,425) (920,960) 5,292 318 1,708 7,959 15,277 13,788,760 290,614 633,680 460,148 5,703,827 20,877,029 2016 12 31 15,644,444 639,888 1,499,320 1,616,455 5,703,827 25,103,934 (1,855,684) (349,274) (865,640) (1,156,307) (4,226,905) 13,788,760 290,614 633,680 460,148 5,703,827 20,877,029 186

7 2016 2015 223,498 165,479 404,238 416,290 77,778 42,267 215,446 138,019 920,960 762,055 2016 12 312,719,569,0002015 12 313,528,296,000 2016 12 314,936,919,0002015 12 315,120,147,000 2016 12 31 12,181,934,0002015 12 3111,116,518,000 187

2016 8 2016 2015 12 31 8,686,295 7,035,579 107,035 344,564 1,259,166 639,585 801,623 601,023 (90,019) 208,789 (990,670) (143,245) 9,773,430 8,686,295 801,623 601,023 (90,019) 208,789 711,604 809,812 801,623,0002015601,023,000 2016 12 31 2015 12 313 188

8 2016 12 312015 12 31 (i) (ii) (iii) 189

2016 8 3 2016 12 31 8,277,011,000 3% 5.5% 10 155 3,500 38,800 1,496,419,000 160 640 5% 15% 12% 15% 3,500 38,800 190

8 3 2015 12 31 7,676,621,000 4% 5.5% 20 75 1,800 37,000 1,009,674,000 240 1,900 10% 20% 12% 15% 191

2016 8 2016 2015 97,136 91,747 (15,096) (11,186) 82,040 80,561 2016 12 31344,557,0002015357,513,000 192

9 2015 1 1 75,154 75,154 (45,907) (45,907) 29,247 29,247 2015 12 31 29,247 29,247 119 90,274 90,393 12,467 12,467 (10,568) (10,568) 31,265 90,274 121,539 2015 12 31 87,740 90,274 178,014 (56,475) (56,475) 31,265 90,274 121,539 2016 12 31 31,265 90,274 121,539 43 127,127 127,127 19,321 19,321 (19,063) (19,063) (9,557) (9,557) 31,523 207,844 239,367 2016 12 31 107,061 207,844 314,905 (75,538) (75,538) 31,523 207,844 239,367 193

2016 10 2016 2015 2,052,170 2,034,522 545,019 74,797 (60,731) (57,149) 2,536,458 2,052,170 10 50 2016 12 311,477,504,0002015 12 311,169,463,000 11 2016 2015 216,383,252 135,107,046 52,342,374 52,727,068 268,725,626 187,834,114 165,107,836 110,526,146 95,484,336 69,910,631 8,133,454 7,397,337 268,725,626 187,834,114 2016 12 31160,526,815,000201598,718,380,000 194

11 2016 6.31% 20157.78% 2016 2015 257,445,191 181,522,936 9,791,706 5,835,080 959,634 476,098 529,095 268,725,626 187,834,114 2016 12 3119,953,767,0002015 12 31 18,649,419,000 12(a) 2016 12 31 47 12(b) 2016 2015 1 1 803,934 21,374 6,074,663 805,891 432,556 (23,331) 731,300 (298,744) (23,331) 12 31 7,311,153 803,934 195

2016 12(b) 2016 2015 7,210,393 803,934 100,760 7,311,153 803,934 (i) 27,919,697 (17,113,553) 10,806,144 5,895,063 (5,163,763) 731,300 196

12(b) (ii) 6,083,562 (5,271,455) 812,107 434,757 (333,997) 100,760 100,760,000 2016 12 3139 65,893,000 20152016 12 31 2016 12 312015 12 31 2016 2015 7,311,153 803,934 432,556 (23,331) 432,556 (23,331) 197

2016 12(c) 2016 2015 1 1 884,492 34,492 3,059,709 882,427 (70,852) (32,427) 76,776 (147,628) (32,427) 12 31 3,873,349 884,492 15,146,364 (11,562,549) 3,583,815 1,670,442 (1,593,666) 76,776 2016 12 3139 55,000,0002015 1,965,000 198

12(c) 2016 12 312015 12 31 2016 2015 3,873,349 884,492 (70,852) (32,427) (70,852) (32,427) 13 2016 2015 1 1 214,998 601,962 22,362 31,412 12 31 870,734 2016 12 31 3.95% 2013 3 0.22% 201114% 2016 2016 12 31218,374,000 2016 12 31305,514,000 199

2016 13 2016 12 31346,846,000 3 14 2016 2015 30,885,254 34,114,127 15 2016 2015 2,203,727 1,978,437 200

16 2016 2015 (a) 13,673,129 14,764,833 (b) 84,989,714 18,335,324 (c) 1,969,159 133,021 (d) 6,820,629 4,275,331 (e) 9,869,116 4,733,607 117,321,747 42,242,116 (c) 55,500 642,950 117,377,247 42,885,066 2016 12 31 (a) 2016 2015 13,728,684 14,764,833 (55,555) 13,673,129 14,764,833 201

2016 16 (a) 1 6 2016 2015 90 12,003,625 12,706,910 90180 714,221 853,260 180365 490,522 821,220 365 520,316 383,443 13,728,684 14,764,833 2016 12 312015 12 31 9 2016 12 31 55,555,0002015 12 314 202

16 (b) 2016 2015 44(c) 17,568,947 4,597,657 14,292,195 6,999,069 (i) 667,059 563,378 (ii) 52,909,399 6,175,220 85,437,600 18,335,324 (447,886) 84,989,714 18,335,324 (i) 2016 2015 5,101,173 3,919,572 1,314,436 1,063,910 6,415,609 4,983,482 (5,748,550) (4,420,104) 667,059 563,378 667,059 563,378 44(c) 397,971 343,213 269,088 220,165 (ii) 203

2016 16 (c) 8% 15% 413,332,0002015 75,000,0002015 2016 2015 133,021 1,991,332 (22,173) 1,969,159 133,021 55,500 642,950 2,024,659 775,971 (d) 2016 12 31 (e) 17 204

18 2016 2015 78,434,654 31,839,298 18,056,233 16,038,580 96,490,887 47,877,878 17 (11,843,988) (11,637,126) 84,646,899 36,240,752 1 32016 12 31 2.54% 2015 3.11% 2016 2015 90,541,406 46,753,858 705,041 17,684 1,552,046 386,984 3,308,429 554,834 383,965 164,518 96,490,887 47,877,878 205

2016 19 2016 2015 (a) 1,188,096 1,188,096 (b) 6,133,140 7,321,236 1,188,096 (a) 9.16% 2016 12 31 (b) 3 1812016 12 31 20 2016 2015 (b) 76,074,204 53,478,430 8,211,358 2,443,970 5,683,591 3,369,731 (c) 61,422,617 13,722,445 397,490 370,624 151,789,260 73,385,200 (a) 2016 12 31 206

20 (b) 2016 2015 90 63,517,129 47,826,776 90180 9,412,965 3,098,282 180365 1,876,190 1,564,830 365 1,267,920 988,542 76,074,204 53,478,430 (c) 21 2016 12 31 7,043,440,0004.5% 6.0%3 6 207

2016 22 2016 2015 (a) 462,021 (b) 549,034 (c) 45,462 165,015 41,762 18,043 10,198 1,221,532 41,762 18,043 10,198 187,145 41,762 18,043 10,198 1,034,387 1,221,532 41,762 18,043 10,198 2016 12 3127,806,596,000 23,520,977,000 2017 2021 208

22 2016 12 31 (a) 462,021 14,199,172 2017 5 23 2021 3 31 * 1:1 1 1 813,300 (769,900) 6.48 6.68 (b) (i) 549,034 8,898,090 2018 12 17 2020 3 9 * 1:1 1 1 583,201 (524,702) 6.49 6.66 (i) (c) 45,462 423,715 2018 12 18 * 1:1 1 1 25,784 (20,722) 0.85 209

2016 22 2016 (d) (365,768) 69,867 (295,901) 2016 1,422,285 (1,332,303) 89,982 * 1:1. 210

23 2016 2015 1 1 20,878,179 22,273,762 6,654,357 5,483,516 (8,018,100) (34) 1,731,150 1,880,984 (1,590,989) (1,917,376) (51,166) 1,591,751 1,226,559 29,264,448 20,878,179 29,264,448 20,878,179 2016 2015 2 5 17,048,157 11,041,295 5 12,216,291 9,836,884 29,264,448 20,878,179 211

2016 23 (a) (i) (ii) (iii) (iv) (v) (vi) (vii) 2013 1 10 7.5 2023I2023 7.5%2023 1 10 1 107 10 2013 10 4 7.5 20212021 7.25%2021 10 4 10 44 4 2014 5 27 5.5 2019I2019I 7.875%2019 5 27 5 2711 27 2014 6 5 2.5 2019II2019II 7.5% 2019 6 5 6 512 5 2015 3 9 9 20202020 7.5%2020 3 9 3 99 9 2016 9 20 6.5 2023II2023 4.75%2023 9 28 3 289 28 2016 12 7 3.5 20262026 5.625%2026 12 15 6 1512 15 212

23 (b) 2019II 2019II 5.63% 7.91% 5.16% 7.84% 7.96% 8.77% 7.72%2026 2023I, 2023II, 2021 2020 2019I 2019II 2016 12 31 2015 12 31 20262021 12 15 100% 2016 12 31 2016 12 31 30,017,205,000201521,600,831,000 1 (c) 2016 12 31 213

2016 24 2016 2015 1 1 15,258,499 21,901,130 15,111,799 1,216,800 142,861 43,857 3,949 (714,613) 3,951 (110) 37,709,624 15,258,499 (8,207,477) 29,502,147 15,258,499 2016 2015 1 8,207,477 1 2 16,420,928 173,019 2 5 13,081,219 15,085,480 37,709,624 15,258,499 214

24 (a) 2016 12 31 2015 1,000,000 4.99% 2015 12 29 5 985,000 5.55% 2016 4,000,000 4.75% 2016 3 2 5 3,980,000 4.93% 2016 4,000,000 4.55% 2016 3 29 4 3,980,000 4.82% 2016 1,000,000 4.60% 2016 8 2 5 995,000 4.78% 2016 4,170,000 4.15% 2016 9 2 4 4,152,903 4.37% 2016 5,830,000 5.65% 2016 9 2 7 5,806,097 5.75% 2015I 3,000,000 4.20% 2015 8 3 3 2,989,500 4.33% 2015I 3,000,000 4.20% 2015 8 12 3 2,991,000 4.31% 2015II 4,000,000 4.95% 2015 11 9 4 3,985,200 5.15% 2015II 4,000,000 5.10% 2015 12 7 4 3,988,000 5.26% 2015 174,219 6.00% 2015 12 30 2 173,099 6.35% 2016 1,000,000 3.20% 2016 10 21 4 995,710 3.43% 2016 2,000,000 3.90% 2016 10 21 7 1,991,420 4.00% 215

2016 24 (b) (c) (d) (Bright Start Group Ltd.)(Top Favour Holdings Ltd.) (Bright Start Group Ltd.) (Top Favour Holdings Ltd.) II 2016 12 31 2016 12 31 36,994,390,000 I 216

25 2016 2015 21,456,699 29,094,271 30,120,672 17,504,067 (12,867,292) (15,769,259) 38,710,079 30,829,079 7,433,863 2,807,099 10,211,570 4,201,680 12,867,292 15,769,259 30,512,725 22,778,038 2016 12 31 26,802,562,000201529,233,374,000 7 8 10 11 24,495,397,000201523,704,691,0002016 12 31 2,088,000,00020152,667,996,000 2016 2015 6 56,119,929 53,423,551 6 12 27,720 25,464 1 5 102,513 158,102 56,250,162 53,607,117 217

2016 25 2016 12 31 2016 2015 1 26,073,952 4,438,773 22,727,111 50,927 1 2 18,027,899 57,507 12,959,677 54,346 2 5 18,065,035 45,006 17,219,084 103,756 5 2,514,632 492,216 64,681,518 4,541,286 53,398,088 209,029 12 31 2016 2015 6.01% 6.88% 2016 2015 54,768,769 40,076,619 3,932,713 3,710,616 8,190,914 7,131,060 1,531,550 2,320,723 798,858 368,099 69,222,804 53,607,117 2016 12 31 218

26 2015 1 12015 12 312016 12 31 0.10 100,000,000,000 10,000,000 2015 1 1 20,351,819,782 2,035,182 1,940,004 22,702,279 24,642,283 (380,236) 24,262,047 2,236,200,000 223,620 176,861 4,773,703 4,950,564 4,950,564 2015 12 31 2016 1 1 22,588,019,782 2,258,802 2,116,865 27,475,982 29,592,847 (380,236) 29,212,611 (a) (3,535,394) (3,535,394) (a) (981,277,000) (98,128) (84,486) (3,046,223) (3,130,709) 3,130,709 2016 12 31 21,606,742,782 2,160,674 2,032,379 24,429,759 26,462,138 (784,921) 25,677,217 (a) 20161,086,053,0002016 12 31981,277,000 3,535,394,000 27 2016 2015 (a) 10,944 5,790 (b) 33,685 24,321 (c) 38,205 82,834 30,111 219

2016 27 (a) 2012 11 303,000,000 2014 3,044,358 3.7 20143.646 10 2013 12 13 6,173,457 2014 6,264,738 4.844 2014 4.773 2016 1 142016 3 162016 5 112016 8 19 2,665,373 2,431,903 1,599,8611,265,0813.020 3.332 3.106 3.740 5 2016 2015 1 1 4.382 8,765,026 4.397 9,141,015 3.250 7,962,218 3.020 (2,665,373) 4.773 (375,989) 12 31 3.997 14,061,871 4.382 8,765,026 2016 2015 220

27 (a) 2022 11 29 3.646 3,044,358 2023 12 12 4.773 5,720,668 2026 3 15 3.332 2,431,903 2026 5 10 3.106 1,599,861 2026 8 18 3.740 1,265,081 14,061,871 2016 12 31100% 2015 12 31100% (b) 2015 2 113 118 1912 9 14,770,8636,128,2939,863,225 3,403,877 2016 3 155 118 1812 8 3,658,5455,365,064764,07110,115,794 5 221

2016 27 (b) 2016 2015 1 1 31,802,701 19,903,474 34,166,258 (2,363,557) 12 31 51,706,175 31,802,701 2016 12 31100% 2015 12 31100% (c) 2016 3 28,800,000 28,800,000 115,200,000 86,400,000 28,800,000 153,405,000 115,200,00038,205,000 12% 10.28% 222

28 (a) (b) 2015 1 1 (149,801) 3,312,154 56,335 8,667 (42,668) 1,464,237 (405,476) 4,243,448 28,180,710 32,424,158 9,276,485 9,276,485 547,660 547,660 (547,660) 2014 2015 (4,773,575) (4,773,575) (827,849) (827,849) (827,849) 27, 33 30,111 30,111 30,111 4,748 4,748 4,748 (55,979) (55,979) (55,979) 2015 12 31 (149,801) 3,859,814 86,446 13,415 (870,517) 1,464,237 (461,455) 3,942,139 32,135,960 36,078,099 223

2016 28 (a) (b) 2016 1 1 (149,801) 3,859,814 86,446 13,415 (870,517) 1,464,237 (461,455) 3,942,139 32,135,960 36,078,099 9 3 (13,415) 13,415 (327,932) (327,932) 2016 1 1 (149,801) 3,859,814 86,446 13,415 (870,517) 1,464,237 (461,455) 3,942,139 31,808,028 35,750,167 11,516,815 11,516,815 (b) 352,697 352,697 (352,697) 2015 2016 (3,005,040) (3,005,040) (a) 86,400 86,400 86,400 27, 33 44,629 38,205 82,834 82,834 45,921 45,921 45,921 41 (48,410) (48,410) (48,410) 228,380 228,380 228,380 89,982 89,982 89,982 (295,901) (295,901) (295,901) 2016 12 31 (149,801) 4,212,511 131,075 59,336 (642,137) 1,464,237 89,982 (295,901) (385,260) 4,484,042 39,967,106 44,451,148 (a) 2007 (b) 50% 224

29 2016 2015 1 1 19,528,000 3,090,000 16,838,000 (19,528,000) (400,000) 1,409,534 356,104 (1,409,534) (356,104) 12 31 19,528,000 2015 20161,409,534,0002015 356,104,0002016 12 31272,721,000201555,605,000 201619,528,000,000 225