2015
2 4 23 35 49 57 59 60 61 63 65 67 158 159
3600 2014 20142018 19.2% 2015 12 15 1,416 20141,19283 2014 131 196 20141802015 12 319.93 201415.12 2015 20 222912,000 2
Labocast Permadental Elysee Modern Dental USASouthern Cross Dental 3,4002015 12 31 2015 3 Southern Cross Dental2000 CAD/CAM 2016 3 23 3
4
(i)(ii) (iii) 20142015 289,591 (20.4%) 161,190 (11.4%) 103,328 (8.6%) 264,365 (22.2%) 964,839 (68.2%) 824,473 (69.2%) 2015 2014 (328,754 ) 26.8% (205,630 ) 16.7% (186,762 ) 17.3% (693,974 ) 56.5% (607,546 ) 56.3% 2015 (285,413 ) 26.4% 2014 5
964,839,000 2014 140,366,00068.2%201469.2% 289,591,000 2014 25,226,00020.4%201422.2% 161,190,000201457,862,000 11.4%20148.6% 2015 3SCDL 6
12 31 2015 2014 * 695,295 401,586 1,731 659,283 359,750 1,833 ** 383,466 551,030 696 326,313 494,099 660 158,204 140,922 1,123 122,379 112,776 1,085 *** 158,014 104,780 1,508 63,415 86,790 731 12,157 30,040 405 13,188 26,306 501 1,407,136 1,228,358 1,146 1,184,578 1,079,721 1,097 7
12 31 2015 2014 197 178 609 590 600 568 157 150 122 121 253 104 405 501 * ** *** 13 695,295,000 36,012,0003,037,000 49.3%55.3% 41,83611.6% 8
20141,8331025.6% 20151,731 20141781910.7% 2015197 (i)2014 4 Elysee(ii) (iii) 383,466,000 57,153,000986,000 27.2%28.0% 56,93111.5%2014 660365.5% 2015696 2014568325.6% 2015600(i) (ii)(iii) 20152014590193.2% 2015 609 2010 9
158,204,000 35,825,000 11.2%10.3% 28,14625.0%20141,08538 3.5% 20151,1232014 15074.7% 2015157(i)Sundance Dental Laboratory, LLCSundance2014 5(ii)2014 4 2014 1212015122 2008 2015 3SCDLSCDL 158,014,000 94,599,000 4,461,00011.5%5.3% 17,99020.7% 2014731777106.3% 20151,508 2014104149143.3% 2015253 SCDL 12,157,000 1,031,000 0.8%1.1% Labo Ocean Indien SA 3,734 10
14.2% 2014501 2015405 1,415,620,0001,192,166,00018.7%(i)SCDL Elysee(ii)(iii)(iv) (v) 761,368,000 18.6% SCDL 53.8% 201453.9% 55.7% 52.4% 44.7% 12 31 2015 2014 % % 537,695 55.7 453,901 55.1 151,683 52.4 140,066 53.0 71,990 44.7 48,102 46.6 761,368 642,069 11
2014 12 31137,742,000 7.3%2015 12 31 147,822,00010.4%11.6%(i)Elysee SCDL 4.1 7.1%(ii) Elysee SCDL1.3 3.0% (iii)elysee SCDL 5.7 28.0% 2014 12 31312,597,000 39.0%2015 12 31 434,402,00030.7%26.2%(i)Elysee SCDL 58.8 36.0% (ii)2015 12 15 32.6 80.6% (iii)elysee SCDL 8.5 23.6%(iv)Elysee SCDL 12.3 32.3% 2014 12 315,506,000 7.8%2015 12 31 5,078,0000.4%0.5% 4.34.00.8 12
2014 12 31 30,477,000 38.9%2015 12 31 42,337,0003.0%2.6%(i) 4.5(ii) 2015 6.4 2014 12 3144,191,000 16.7%2015 12 31 51,550,000(i)SCDL(ii) 2014 12 31131,245,000 36.8%2015 12 3183,006,000 5.9%11.0% 81,963,000120,186,000 38,223,00031.8% EBITDA 13
EBITDAEBITDA EBITDAEBITDA EBITDA 12 31 2015 2014 EBITDAEBITDA 83,006 131,245 42,337 30,477 51,550 44,191 30,303 25,361 34,411 27,009 453 599 EBITDA 241,154 257,684 5,760 16,270 1,566 246 40,358 7,884 14,685 15,209 EBITDA 301,957 268,441 14
12 31 2015 2014 83,006 131,245 34,411 27,009 5,760 16,270 1,566 246 40,358 7,884 4,353 3,537 13,857 7,419 14,685 15,209 196,430 179,967 13.9% 15.1% 2014 12 312015 12 31 12 31 2015 2014 121,565 181,486 (265,802) (350,642) 955,571 179,388 15
2015 12 31945,689,000 816,967,000 2015 12 31121,565,000 134.6(i) 50.8 (ii) 64.742.3(iii)20.1 19.356.5 2014 12 31252,605,000 288,228,000 365 2014 12 31 712015 12 3170SCDL 2014 12 3141,313,00033,542,000 365 2014 12 31 242130 90 2015 2014 12 3157,588,00058,288,000 365 2014 12 3135 2015 12 3132 2015 16
265,802,000 245.1 2015 3 43.4257.3SCDL 29.7 955,571,000 844.3796.8(i) 716.6 (ii)37.9 (iii)59.4 274.8 2015 3 20SCDL 2015 12 31 645,771,000 2015 12 31101,036,000111,446,000 429,570,000 1,146,0001,727,000846,000 23 17
2015 12 31642,052,0002014 12 31355,669,000 2015 12 313,360,0002014 12 3110,353,0002015 12 31 641,828,000224,0002015 12 31224,000 2015 12 313,719,000 2014 12 311,026,0002015 12 3135,00022,0002,892,000770,000 2015 12 313,719,000 16-9% 18
2015 11 2015 12 31 A B 2.0 1.0 2015 12 3 2015 12 312015 12 31 2015 12 31 2015 12 31 2015 10 Modern Dental Holding Limited 75,000,00010,000,000 23 2015 4 28 246,000,000 2015 12 31 19
SCDL SCDL2015 12 31257,283,000 SCDL SCDL 2015 3SCDL SCDL 2015 4 2016 5 2016 6 20172018 2015 12 31 20
2015 12 31LIBOR+(2.60-2.85)% 2015 3 SCDL 19 21
4,591 3,597366 256 (i)(ii) (iii) (iv) 22
2015 12 311284 61Modern Dental Holding Limited Modern Dental Macau Holding Limited Modern Dental America Holding Limited Modern Dental Europe Limited Modern Dental Europe Holding Limited Modern Dental Pacifi c Holding Limited 1991 11 2012 7 52015 6 19 30 23
58Modern Dental Holding Limited Modern Dental Macau Holding Limited Modern Dental America Holding Limited Modern Dental Europe Limited Modern Dental Europe Holding Limited Modern Dental Pacifi c Holding Limited 1986 8 2012 7 52015 6 19 301975 11 2001 5 2006 10 24
67Modern Dental Holding Limited Modern Dental Macau Holding Limited Modern Dental America Holding Limited TVCO, Inc. Modern Dental Europe Limited Modern Dental Europe Holding Limited Modern Dental Europe B.V. Modern Dental Pacifi c Holding LimitedQuantum Dental Laboratory Inc. Sundance Dental Laboratory, LLC Modern Dental Laboratory Savannah, LLC Modern Dental Laboratory Australia Pty Ltd Gold & Ceramics Dental Laboratory Pty Ltd Labo OI (Mauritius) Ltd Permadental China Limited SCDL Holdings Pty Ltd SCDL Finance Pty Ltd SCDL Pty Ltd Andent Pty Ltd Proform Australia Pty Ltd Dentmill Australia Pty Ltd BU Factory Pty Ltd Pavona Pty Ltd Southern Cross Dental Laboratories (NZ) Limited Modern Dental Laboratory USA, LLCLabocast SAS 1996 4 2012 7 5 2015 6 19 1994 121995 5Hawthorn 1982 5 The British Institute of Surgical Technologists The British Institute of Dental and Surgical Technologists1977 6 1980 61980 6 1983 61990 5 City & Guilds 25
August Wilhelm Torsten Schwafert Gregory Scialom Christopher Aughton 48 1967197019701979 19791981 19811998 A Colour Atlas of Resin Bond Retained Prostheses A practical guide 1989 38Modern Dental Holding Limited Modern Dental Macau Holding Limited Modern Dental America Holding Limited Modern Dental Europe Holding Limited Modern Dental Europe B.V. Modern Dental Pacifi c Holding Limited Digitek Dental Solutions Limited SCDL Holdings Pty Ltd SCDL Finance Pty Ltd SCDL Pty Ltd Andent Pty Ltd Proform Australia Pty Ltd Dentmill Australia Pty Ltd BU Factory Pty Ltd Pavona Pty Ltd Southern Cross Dental Laboratories (NZ) LimitedLabocast SAS 2006 2014 9 22 2015 6 19 26
2006 32002 4 2002 11 9 2003 12005 12Ian Polak Barristers & Solicitors 2014 6The Academy of Dental Materials1941 36Modern Dental Holding Limited Modern Dental Macau Holding Limited Modern Dental America Holding Limited Modern Dental Europe Limited Modern Dental Europe Holding Limited Modern Dental Europe B.V. Modern Dental Pacifi c Holding Limited Quantum Dental Laboratory Inc. Modern Dental 3dsolutions GmbH Modern Dental Laboratory Australia Pty Ltd Gold & Ceramics Dental Laboratory Pty Ltd Permadental China Limited SCDL Holdings Pty Ltd SCDL Finance Pty Ltd SCDL Pty Ltd Andent Pty Ltd Proform Australia Pty Ltd Dentmill Australia Pty Ltd BU Factory Pty Ltd Pavona Pty Ltd Southern Cross Dental Laboratories (NZ) LimitedModern Dental Laboratory-Savannah, LLC Labocast SAS 2011 2014 9 22 2015 6 19 2002 112014 11(Manchester Business School)2010 22009 11 132002 92004 32004 102006 1 2006 102009 9 5 27
31 2011 2014 9 22 2015 6 19 2009 6(Southern Alberta Institute Technology) 29 2014 2014 10 17 2015 6 19 2008 6(University of Calgary) 2014 122015 6(Heriot-Watt University) 2014 28
28 2014 2014 9 22 2015 6 19 2010 6(Haskayne School of Business, University of Calgary) 5 2013 52014 6Goodwin Procter LLP 2012 52013 1Fiducia 79 2015 11 24 224 2006 72120071026 27 2768 8299 8260 2727 29
1984 12(John Dewey University)1962 61960 2 642015 11 24 341403 1382 417 573 2006 112015 7 1888 2009 12 1977 10(University Manitoba)1974 5 of 30
682015 11 24 1994 3176 1995 4 1988 11 1969 7 1989 6(United Kingdom Institution of Production Engineers)1989 41988 51987 11 1983 3(United States Institute of Industrial Engineers) (Chartered Institute of Building Services Engineers) 2006201119912009 19951996(Institute of Industrial Engineers) 1994 199519851987 199919971987 1997 5 (United States Institute of Industrial Engineers) 31
612015 11 24 198220112012 72009 12012 12 2014 3 1981 5 2015 3(International College of Dentists) 2007 (World Dental Federation) August Wilhelm Torsten Schwafert August Wilhelm Torsten Schwafert51 Modern Dental Europe B.V. SchwafertModern Dental Solutions B.V. Labocast Holding B.V. Permadental Holding B.V. Permadental B.V. Semperdent Holding B.V. Semperdent B.V. Elysee Dental Holding B.V. Elysee Dental Solutions B.V. Elysee Dental Supplies & Services B.V. Tandtechnisch Laboratorium J. van Noort B.V. T.T.L. Oosterwijk B.V. Oralscan Nederland B.V. Unortho B.V. Elysee Dental Europe B.V. Elysee Dental Belgium BVBA Uni-Dent N.V. Elysee Dental Aps Elysee Dental Aktiebolag Elysee Dental OySchwafert Schwafert2014 3 Schwafert1991 6(Düsseldorf) (Verwaltungs-und Wirtschaftsakademie) 32
Schwafert25 2009 8 2014 2SchwafertCAD/CAM Wieland Dental + Technik GmbH 2001 12009 7 DeguDent, Dentsply Group 1999 82000 12Schwafert(Hoorn) Elephant Dental B.V.Elephant Dental B.V. Degussa Dental2001 Dentsply Gregory Scialom Gregory Scialom41 Labocast SAS G. ScialomLabocast Holding B.V.Labo Ocean Indien SA G. Scialom 2011 8Labocast 1996 10G. ScialomUniversité Panthéon-Assas (Paris II) G. ScialomLabocast SAS142005 72008 5G. Scialom Labocast SAS2001 12005 6Labocast SASLabo OI (Mauritius) Ltd Christopher Aughton Christopher Aughton45 SCDL Holdings Pty Ltd SCDL Finance Pty Ltd SCDL Pty Ltd Southern Cross Dental Laboratories Ltd. Southern Cross Dental Laboratories (NZ) Limited BU Factory Pty Ltd Andent Pty Ltd Proform Australia Pty Ltd Dentmill Australia Pty Ltd Pavona Pty LtdSCDL 33
C. Aughton SCDL Holdings Pty Ltd SCDL Finance Pty Ltd SCDL Pty Ltd Andent Pty Ltd Proform Australia Pty Ltd Dentmill Australia Pty Ltd BU Factory Pty Ltd Pavona Pty Ltd Southern Cross Dental Laboratories (NZ) Limited SCDL HoldingsC. Aughton 2012 11SCDL C. Aughton 1994 52003 5 C. Aughton15C. Aughton2007 32012 11 Ironbridge Capital Holdings Pty Ltd C. Aughton2005 82007 3ABN AMRO CraigsCraigs Investment Partners 2003 2 2005 8 C. Aughton PricewaterhouseCoopers 1997 1 1999 8C. Aughton BHP Petroleum 1994 51995 12C. AughtonFinancial Systems Limited 36 34
2015 12 31 2012 7 522(19613 2015 12 15 12015 12 31 5 2012 12 17 2015 12 15647,483,000 2015 12 31 60 2015 12 31 35
2016 6 20 2016 6 172016 6 20 2016 6 16 183 22 158 1 2015 12 31 31.5% 201435.7%17.2% 201415.0% 3.6% 20149.8% 1.0% 20145.7% 5% 2015 12 3114 36
2015 12 312015 12 31 27 2015 12 3138 2015 12 31733,360,0002014166,973,000 719,407,000201460,692,000 2015 12 3123 2015 12 31 2015 11 24 2015 11 24 2015 11 24 2015 11 24 37
84 3.13 23 34 2015 12 31 272768 8299 341 38
2015 12 31 2015 12 31 14 910 39
2015 12 31 2015 11 25 30% 10%100,000,000 10%10% 10% 12 1% 40
1.0 (a) (b) (c) 10 10 2015 12 31 100,000,000 10% 2015 6 19 10 28 2015 12 318,149,038 5%1,5005% 1,500 65 100% 41
XV 352 1 469,248,263 (L) 46.92% 469,248,263 (L) 46.92% 2,779,345 (L) 0.28% 93,849,653 (L) 9.39% 37,500,000 (S) 3.75% 555,869 (L) 5 0.06% 62,566,435 (L) 6 6.25% 635,279 (L) 7 0.06% 1. LS 2. 2015 8 10 Triera Holdings Limited469,248,263 3. 2,779,3452,779,345 MDG Management Corporation 4. Prosperity Worldwide Investment Holdings LimitedProsperity Worldwide Investment Holdings Limited 5. 555,869555,869 MDG Management Corporation 6. NCHA Holdings LimitedNCHA Holdings Limited 7. 635,279635,279 MDG Management Corporation 42
2015 12 31 XV 352 2015 12 31 18 2015 12 31 336 1 Triera Holdings Limited 2 469,248,263(L) 46.92% Prosperity Worldwide Investment 93,849,653(L) 9.39% Holdings Limited 3 37,500,000(S) 3.75% NCHA Holdings Limited 4 62,566,435(L) 6.26% 1. LS 2. Triera Holdings Limited50% 20% 16% 14% 3. Prosperity Worldwide Investment Holdings Limited100% 4. NCHA Holdings Limited100% 43
2015 12 31 336 2015 12 31 Triera Holdings Limited2015 11 25 44
2015 12 31 14A (i) 37.5% 37.5% 25% 2014 9 12016 8 31171,080 (ii) Andent Pty LtdAndentAustralasian Ceramics Pty Ltd Australasian CeramicsAndent1Australasian CeramicsBarry Rowland Smith Family TrustBarry Rowland SmithAndentAndent1 Australasian CeramicsAndent2013 3 12015 2 2828,756 2017 2 28 (iii) Andent AndentBarry Rowland SmithAndent 2 Andent2 Barry Rowland SmithAndent2013 3 12015 2 28 34,918 2017 2 28 (iv) Andent Barry Smith Holdings Pty Ltd Barry Smith HoldingsAndent Barry Rowland SmithAnna Catherine SmithAndent 3 Andent3 Barry Smith HoldingsAndent2013 3 12015 2 28 28,756 2017 2 28 (v) Dentmill Australia Pty Ltd Australasian Ceramics Kurt Smith Ceramics Pty Ltd Matt Smith Ceramics Pty LtdDentmillAustralasian CeramicsBarry Rowland Smith Family TrustBarry Rowland SmithDentmill Dentmill Dentmill2013 3 12015 2 28 83,649.15 2017 2 28 45
Trident Dental Group LimitedTridentTrident Tresodont Holdings LimitedTresodontTresodont J&N Consultants Limited33.33% Trident2015 8 102017 12 31 201520162017450,0001,080,0001,080,000 2015 12 313434 34(1)(a)(i) (1)(a)(vi) 14A 14A 46
2015 12 31 5 112122 47
2015 Help Nepal 2015 2015 2015 12 311,212,000 32,000 2016 3 23 48
14 2015 12 152015 12 31 10 49
1284 23 34 50
3.13 A.4.1 A.4.2 (i) (ii) 51
2016 3 23 2015 12 31 A.1.1. (Company Business Related Big Business and Big Marketing powered by Big Data) (Regulated Inside Information Disclosure Regime and Related Matters Review)(Accounting Standards and Key Regulating Developments) 2015 11 253.21 52
2016 3 232015 12 31 2015 11 253.25 2015 12 31 9 10 2015 11 253.25 2016 3 23 53
D.3.1 2015 12 31 57 58 2015 12 31 15,221,000 15,221,000 54
58 21 55
77 17 1706 +852 3766 0700 info@moderndentallab.com 2015 11 25 56
59157 2015 12 31 57
2015 12 31 2016 3 23 58
2015 12 31 2015 2014 6 1,415,620 1,192,166 (654,252) (550,097) 761,368 642,069 6 2,827 19,689 (147,822) (137,742) (434,402) (312,597) (5,078) (5,506) 8 (42,337) (30,477) 7 134,556 175,436 11 (51,550) (44,191) 83,006 131,245 81,963 120,186 1,043 11,059 83,006 131,245 13 9.93 15.12 59
2015 12 31 2015 2014 83,006 131,245 (111,382) (79,564) (111,382) (79,564) (28,376) 51,681 (30,486) 41,709 2,110 9,972 (28,376) 51,681 60
2015 2014 14 138,486 138,085 15 857,592 596,480 16 338,599 267,508 25 3,635 3,067 26 5,264 630 1,343,576 1,005,770 17 58,288 57,588 18 288,228 252,605 19 31,370 25,368 34 2 38,437 34 65,950 8,939 8,166 20 3,360 10,353 20 945,689 167,545 ` 1,335,876 626,012 21 33,542 41,313 22 120,773 164,690 23 102,182 135,906 25 5,030 34 25,000 34 1,050 15,019 34 8,910 37,608 32,932 300,185 423,770 1,035,691 202,242 2,379,267 1,208,012 61
2015 2014 2,379,267 1,208,012 23 543,589 220,789 25 9,108 9,496 34 406,332 26 33,256 14,459 22 5,478 5,779 591,431 656,855 1,787,836 551,157 27 77,500 39,860 27 (632) 29 1,702,670 504,263 1,779,538 544,123 8,298 7,034 1,787,836 551,157 62
2015 12 31 27 27 29 (i) 29 (ii) 29 (iii) 2014 1 1 38,750 997 27,840 (49,240) 12,548 410,376 441,271 42,731 484,002 120,186 120,186 11,059 131,245 (78,477) (78,477) (1,087) (79,564) (78,477) 120,186 41,709 9,972 51,681 27 1,110 60,692 61,802 61,802 546 (546) 32,579 32,579 32,579 25(a) (8,797) (8,797) (8,797) 306 (14,644) (14,338) (45,669) (60,007) 29,897 29,897 29,897 12 (40,000) (40,000) (40,000) 2014 12 31 39,860 60,692 # 1,849 # 45,775 # (28,140) # (65,929) # 490,016 # 544,123 7,034 551,157 63
2015 12 31 28 27 27 2729 (i) 29 (ii) 29 (iii) 2015 1 1 39,860 60,692 1,849 45,775 (28,140) (65,929) 490,016 544,123 7,034 551,157 81,963 81,963 1,043 83,006 (112,449) (112,449) 1,067 (111,382) (112,449) 81,963 (30,486) 2,110 (28,376) 27 398 (398) 27 23,680 (23,446) (234) 27 13,562 721,438 735,000 735,000 27 (39,277) (39,277) (39,277) 83 (83) 28 14,538 14,538 14,538 9,325 9,325 9,325 546,315 546,315 546,315 120 120 (966) (966) 77,500 719,407 # (632) 1,932 # 615,953 # (28,140) # (178,378) # 571,896 # 1,779,538 8,298 1,787,836 # 1,702,670,0002014504,263,000 64
2015 12 31 2015 2014 134,556 175,436 8 42,337 30,477 6,7 (453) (599) 7 346 86 6,7 (15,209) 6,7 4,337 (1,880) 6,7 (787) 6,7 (256) (179) 7 801 7 235 573 7 3,600 1,849 7 (670) (314) 7 64,714 52,370 28 14,538 262,497 243,411 753 893 (19,825) 10,389 (4,238) 11,268 38,435 1,797 (20,080) (27,893) (19,294) (5,195) (13,969) 1,645 (8,083) (56,484) (7,647) 4,148 (3,034) 171,943 217,551 453 599 (50,831) (36,664) 121,565 181,486 65
2015 12 31 2015 2014 (29,747) (18,446) 2,588 2,052 1,186 30 (245,100) (335,970) 6,993 (265,802) (350,642) 27 (a) (e) 796,802 27 (37,930) (1,347) 844,263 525,496 182,944 383,918 (716,642) (690,279) (25,966) (15,000) (28,480) (23,058) (59,420) (342) 955,571 179,388 811,334 10,232 5,633 1,333 128,722 117,157 945,689 128,722 20 940,439 151,671 20 5,250 15,874 20 945,689 167,545 23 (38,823) 945,689 128,722 66
1. 2012 7 522(19613 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands Triera Holdings Limited Modern Dental Holding Limited 2012 8 1 50,000 100% 1988 3 18 10,000 100% * 1998 7 20 190,000 100% 100% * 2012 5 17 40,000,000 100% * 2009 12 14 1,000,000 Modern Dental and 100% Medical Instruments 2015 8 12 75,000,000 (DongGuan) Company Limited* 67
1. Digitek Dental Solutions Limited 2012 8 3 10,000 100% 100% 2012 8 12 100,000 Modern Dental Laboratory USA, LLC 2009 8 17 3,728,570 100% Quantum Dental Laboratory Inc. 2013 7 1 100 70% Sundance Dental Laboratory, LLC Sundance Arizona Acquisition, LLC 2014 4 21 2,571,714 70% Modern Dental Laboratory- Savannah, LLC 2014 10 29 150,000 70% Modern Dental Europe B.V. 2013 10 1 1 100% Permadental Holding B.V. 2009 4 3 322,100 100% Permadental B.V. 1985 12 23 15,890 100% 68
1. Permadental China Limited 2007 11 1 10,000 100% Permadental GmbH 2010 3 2 25,000 100% Semperdent Holding B.V. 1994 12 29 18,160 100% Semperdent B.V. 1991 2 11 18,151 100% Semperdent GmbH 1989 10 4 25,565 100% Modern Dental Solutions B.V. 2014 8 20 100 100% Modern Dental 3dsolutions GmbH Modern Dental Europe 3dsolutions GmbH) 2014 9 2 25,000 100% Elysee Dental Europe B.V. 2003 12 11 18,800 100% Tandtechnisch Laboratorium J. van Noort B.V. 2000 5 8 18,151 100% T.T.L. Oosterwijk B.V. 1980 8 14 15,925 100% Oralscan Nederland B.V. 2009 7 20 18,000 100% Elysee Dental Belgium BVBA 2008 6 9 18,550 100% 69
1. Uni-Dent N.V. Elysee Dental Iberica S.L. Elysee Dental Solutions B.V. Elysee Dental Supplies & Services B.V. 1994 7 8 2007 3 29 2001 10 10 2006 10 31 495,787 100% 20,000 100% 18,000 100% 18,000 100% Elysee Dental ApS 2004 3 4 125,000 100% Elysee Dental Aktiebolag 2014 9 2 50,000 100% Elysee Dental Holding B.V. Elysee Dental Oy Unortho B.V. 2009 5 28 2014 12 23 2004 8 26 21,000 100% 2,500 100% 18,000 100% Labo Ocean Indien SA 1996 5 17 10,000,000 100% Labo OI (Mauritius) Ltd. Labocast (Mauritius) Ltd. Labocast Holding B.V. Labocast SAS 2013 12 26 2014 12 15 1986 12 31 1,000 100% 100 100% 100,000 100% 70
1. * 2008 5 4 80,000 100% Modern Dental Europe Limited 2011 7 14 10,000 100% TVCO, Inc. Modern Dental Laboratory Australia Pty Ltd. Modern Dental Australia Pty Ltd. 2009 8 3 2013 3 22 2013 5 30 10,000 100% 100 100% 100 100% Gold & Ceramics Dental Laboratory Pty Ltd. Modern Dental Europe Holding Limited Modern Dental America Holding Limited Modern Dental Macau Holding Limited Modern Dental Pacifi c Holding Limited SCDL Holdings Pty Limited SCDL Finance Pty Limited 1994 7 26 2012 9 10 2012 9 10 2012 8 2 2012 8 2 2013 1 18 2012 5 1 2012 5 1 10 100% 50,000 100% 50,000 100% 50,000 100% 50,000 100% 50,000 100% 41,681,754 100% 1 100% 71
1. SCDL Pty Limited BU Factory Pty Limited Pavona Pty Limited 2012 5 1 2003 12 10 1984 1 20 1 100% 1 100% 2 100% Southern Cross Dental Laboratories (NZ) Limited 2012 4 20 1,080,010 100% Southern Cross Dental Laboratories Ltd. Dentmill Australia Pty Ltd. Andent Pty Ltd. Proform Australia Pty Ltd. 2003 2 17 2011 10 10 1984 6 22 2005 2 14 205 78.05% 120 100% 600 100% 150 100% * SCDL Holdings Pty LimitedSCDL 30 72
2.1 (a) (b) (c) 73
2.1 (i) (ii) (iii)(i) (ii)(iii) 2.2 9 2 10 1 12 28 15 2 1 1 16 1 38 7 3 12 3 16 4 20122014 2014 9 1 1 2016 1 1 2 2018 1 1 3 2017 1 1 4 2019 1 1 74
2.2 2014 79 399 2018 1 1 92015 9 9 (a) 9 (b) 99 9 75
2.2 (b) 10 10 12 912 28 10 2014 1020122014 2016 1 1 7 7 7 77 15 15 15 2015 715 15 2018 1 12018 1 11515 76
2.2 (b) 1 (i) 1 (ii) (iii) (iv) 2016 1 1 16 38 16 38 2016 1 1 77
3. 12 31 78
3. 79
3. 80
3. (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) 81
3. 5 2% 10% 2.56% 25% 10% 33.33% 10% 30% 10% 33.33% 82
3. 10 5 10 5 83
3. 84
3. 39 39 85
3. (a)(b) 86
3. (a)(b) 87
3. 88
3. 89
3. 39 39 90
3. (i)(ii) 91
3. 92
3. (i)(ii) 93
3. 94
3. (a) (b) (c) (d) 2002 11 7 28 95
3. 96
3. 12 12 (CAOT tandtechniek) 97
3. 622 98
3. 4. 99
4. 20142015 12 31596,480,000857,592,00015 20142015 12 31 9,009,00012,812,000 100
4. 26 101
5. (a) (b) (c) 2015 2014 964,839 427,144 537,695 824,473 370,572 453,901 289,591 137,908 151,683 264,365 124,299 140,066 161,190 89,200 71,990 103,328 55,226 48,102 1,415,620 654,252 761,368 1,192,166 550,097 642,069 102
5. (a) 2015 2014 698,332 659,283 384,452 333,901 158,204 122,379 162,475 63,415 12,157 13,188 1,415,620 1,192,166 (b) 2015 2014 718,647 824,897 76,758 80,374 71,194 81,686 457,007 8,013 11,071 7,103 1,334,677 1,002,073 103
6. 2015 2014 1,415,620 1,192,166 453 599 619 712 1,822 1,784 2,421 256 179 1,880 787 15,209 1,043 17,268 2,827 19,689 104
7. 2015 2014 205,643 176,215 14 30,303 25,361 16 34,411 27,009 30,470 25,013 15,221 1,588 9 532,796 443,235 46,558 39,819 7,481 586,835 483,054 6 (453) (599) * 346 86 801 6 (256) (179) 4,337 (1,880) 6 (787) 6 (15,209) * 14 235 573 18 3,600 1,849 18 (670) (314) * (619) 3,970 * 105
8. 2015 2014 23,730 19,234 4,353 3,537 34(1)(b)(ii) 13,857 7,419 397 287 42,337 30,477 9. 383(1)(a) (b) (c) (f) 2 2015 2014 96 12,532 5,000 7,057 90 17 19,679 5,017 19,775 5,017 28 106
9. (a) 2015 2014 **** 24 **** 24 **** 24 **** 24 96 2014 107
9. (b) 2015 2,226 2,226 2,226 2,226 2,106 4,940 7,046 * 507 18 525 ** 894 18 912 * 655 18 673 * 2,058 1,129 18 3,205 * 1,860 988 18 2,866 12,532 7,057 90 19,679 2014 871 871 871 871 2,106 2,106 * ** 50 2 52 * 152 5 157 * 460 5 465 * 490 5 495 Ma Yue Yam*** 5,000 17 5,017 * 2014 9 22 ** 2014 10 17 *** 2014 9 222015 5 21 **** 2015 11 24 108
10. 20149 2014 2015 2014 6,254 4,904 2,684 1,915 1,666 2,559 10,604 9,378 2015 2014 3,000,0013,500,000 1 4,000,0014,500,000 1 6,000,0016,500,000 1 6,500,0017,000,000 1 2 2 28 109
11. 16.5% 201416.5% 20142015 12 31 25% 2015 2014 4,636 5,622 21,706 14,888 27,824 22,112 26 (2,616) 1,569 51,550 44,191 110
11. 2015 % % % % % (88,927) 22,838 91,994 108,651 134,556 3,768 16.5 22,999 25.0 23,293 21.4 50,060 37.2 (810) (3.5) (654) (0.7) (1,464) (1.1) 1,499 6.6 556 0.6 953 0.9 3,008 2.2 (54) (0.1) (54) (0.1) 4,457 19.6 22,901 24.9 24,192 22.2 51,550 38.2 2014 % % % % % 4,593 30,807 65,988 74,048 175,436 5,082 16.5 16,497 25.0 19,879 26.8 41,458 23.6 (1,126) (3.7) (31) (317) (0.4) (1,474) (0.8) 1,851 6.0 2,759 4.1 194 0.3 4,804 2.7 146 0.5 347 0.5 493 0.3 (1,090) (3.5) (1,090) (0.6) 4,863 15.8 19,225 29.1 20,103 27.2 44,191 25.2 12. 2015 2014 (a) 40,000 (a) 40,000,0002014 6 30 111
13. 825,001,6472014 794,721,809 2014 12 31 2015 12 31 2015 2014 81,963 120,186 2015 2014 825,001,647 794,721,809 825,001,647 794,721,809 112
14. 2015 1 1 71,534 31,061 28,425 92,474 6,130 187 229,811 (19,313) (9,724) (10,844) (48,723) (3,122) (91,726) 52,221 21,337 17,581 43,751 3,008 187 138,085 2015 1 1 52,221 21,337 17,581 43,751 3,008 187 138,085 32 4,438 8,808 13,592 1,604 782 29,256 30) 2,895 8,230 11,125 (465) (1,765) (168) (2,398) (62) (156) (17) (235) 738 (2,246) 1,545 (37) (2,283) (4,899) (8,412) (13,508) (1,201) (30,303) 14 89 (103) (1,885) (1,051) (1,413) (2,543) (92) (60) (7,044) 48,099 23,458 22,021 41,005 3,097 806 138,486 2015 12 31 69,423 37,932 35,193 101,094 6,791 806 251,239 (21,324) (14,474) (13,172) (60,089) (3,694) (112,753) 48,099 23,458 22,021 41,005 3,097 806 138,486 113
14. 2014 12 31 2014 1 1 61,312 10,409 17,195 78,749 4,939 7 172,611 (17,086) (6,705) (7,332) (37,127) (2,807) (71,057) 44,226 3,704 9,863 41,622 2,132 7 101,554 2014 1 1 44,226 3,704 9,863 41,622 2,132 7 101,554 2,118 14,397 11,017 14,703 1,094 190 43,519 10,104 9,445 3,877 1,848 662 25,936 (953) (643) 6 89 (1,501) (129) (444) (573) 251 (251) (2,316) (3,826) (5,468) (12,941) (810) (25,361) (1,911) (1,430) (1,187) (792) (159) (10) (5,489) 2014 12 31 52,221 21,337 17,581 43,751 3,008 187 138,085 2014 12 31 71,534 31,061 28,425 92,474 6,130 187 229,811 (19,313) (9,724) (10,844) (48,723) (3,122) (91,726) 52,221 21,337 17,581 43,751 3,008 187 138,085 2015 12 31129,0002014 349,000 2015 12 3120142,559,000 4,036,0002014 20,000 2015 12 316,311,00020149,956,000 23 114
15. 2014 1 1 417,683 417,683 2014 1 1 417,683 255,455 (76,658) 2014 12 31 596,480 2014 12 31 596,480 596,480 2015 1 1 596,480 30 325,227 (64,115) 857,592 2015 12 31 857,592 857,592 115
15. 2015 2014 Labocast SAS Labo Ocean Indien SA 58,743 64,166 Modern Dental Laboratory USA, LLC 10,400 10,400 2,447 2,447 Quantum Dental Laboratory Inc. 10,278 12,267 Permadental Holding B.V. 253,860 277,294 Gold & Ceramics Dental Laboratory Pty Ltd. 4,017 4,488 Elysee Dental Holding B.V. 196,362 214,489 Sundance Dental Laboratory, LLC* 10,929 10,929 SCDL Holdings Pty Ltd. 310,556 857,592 596,480 116
15. 2015 2014 Labocast SAS Labo Ocean Indien SA 24% 19% 1% 1% Modern Dental Laboratory USA, LLC 16% 20% 2% 2% 18% 17% 3% 3% Quantum Dental Laboratory Inc. 19% 19% 2% 2% Permadental Holding B.V. 22% 21% 2% 1% Gold & Ceramics Dental Laboratory Pty Ltd. 23% 26% 2% 2% Elysee Dental Holding B.V. 22% 24% 2% 1% Sundance Dental Laboratory, LLC* 17% 20% 2% 2% SCDL Holdings Pty Ltd. 20% 2% * Sundance Arizona Acquisition, LLC 117
15. 20142015 12 31 20142015 12 31 118
16. 2015 1 1 215,140 1,645 49,713 1,010 267,508 491 491 30 73,505 68,994 142,499 (7) (7) (33,667) (523) (221) (34,411) (26,142) (137) (11,202) (37,481) 228,836 1,469 107,505 789 338,599 2015 12 31 302,187 3,534 107,505 1,107 414,333 (73,351) (2,065) (318) (75,734) 228,836 1,469 107,505 789 338,599 2014 12 31 2014 1 1 216,449 1,810 218,259 645 645 48,479 51,833 1,107 101,419 (12) (12) (26,331) (581) (97) (27,009) (23,457) (217) (2,120) (25,794) 215,140 1,645 49,713 1,010 267,508 2014 12 31 253,147 3,340 49,713 1,107 307,307 (38,007) (1,695) (97) (39,799) 215,140 1,645 49,713 1,010 267,508 119
17. 2015 2014 46,212 50,753 9,512 4,599 2,564 2,236 58,288 57,588 18. 2015 2014 301,040 261,614 (12,812) (9,009) 288,228 252,605 3090 180 120
18. 2015 2014 170,292 118,692 43,032 44,188 19,988 25,831 46,103 53,410 8,813 10,484 288,228 252,605 2015 2014 1 1 9,009 5,440 1,600 3,815 7 3,600 1,849 7 (670) (314) (14) (868) (713) (913) 12 31 12,812 9,009 121
18. 12,812,00020149,009,000 164,917,0002014129,859,000 2015 2014 196,753 145,520 1 34,282 34,175 1 3 30,210 45,372 31 20,576 22,746 1 6,407 4,792 288,228 252,605 72,409,000201499,938,000 23 122
19. 2015 2014 6,739 6,999 24,631 18,369 31,370 25,368 20. 2015 2014 940,439 151,671 8,610 26,227 949,049 177,898 (3,360) (10,353) 945,689 167,545 2014 2015 12 31 34,112,000 53,247,000 123
21. 2015 2014 25,199 30,356 5,662 5,301 842 3,679 1,839 1,977 33,542 41,313 22. 2015 2014 150 239 662 167 4,226 63,648 943 372 89,879 75,434 24,913 24,830 120,773 164,690 2,687 2,028 1,429 1,602 1,362 2,149 5,478 5,779 124
23. 2015 2014 % % 24 4.53-8.50 1,146 2.75-11.46 866 38,823 +1.75 77,500 9,000 +(2.60-2.85) +2.5 +(2.60-2.85) 23,536 + (2.15-3.30)/2.25-4.50 87,217 102,182 135,906 24 4.53-8.50 2,573 2.75-11.46 160 +(2.60-2.85) 541,016 + (2.15-3.30)/2.25-4.50 220,629 543,589 220,789 645,771 356,695 125
23. 2015 2014 101,036 135,040 111,446 46,980. 429,570 173,649 642,052 355,669 24) 1,146 866 1,727 69 846 91 3,719 1,026 645,771 356,695 (a) 2015 11 6575,000,000 10,000,000 2014 12 31 (i) 126
23. (ii) (iii) (iv) (v) 300,000,000 (vi) Modern Dental Europe B.V. (vii) Labocast Holding B.V. (viii) Modern Dental Europe B.V. (b) 2015 12 31641,828,000224,0002014 12 3173,183,000 281,908,000578,0002015 12 3135,00022,000 2,892,000770,0002014 12 31747,000113,000 166,000 127
24. 2015 12 31 2015 2014 2015 2014 1,304 899 1,146 866 1,819 87 1,727 69 886 98 846 91 4,009 1,084 3,719 1,026 (290) (58) 3,719 1,026 23 (1,146) (866) 23 2,573 160 128
25. 2015 2014 2015 2014 (a) 3,635 3,067 (a) 9,108 8,797 (b) 5,030 699 3,635 3,067 14,138 9,496 (a) 2014 5 20Modern Dental Laboratory USA, LLC MDL USASundance Dental Laboratory, LLC Sundance Arizona Acquisition, LLCSundance70% MDL USASundance30%MDL USA MDL USASundance30% 2015 12 31 3,635,00020143,067,0009,108,00020148,797,000 (b) 129
26. 2014 1 1 1,243 16,165 17,408 11 (759) (2,144) (2,903) 635 635 (18) (663) (681) 2014 12 312015 1 1 1,101 13,358 14,459 11 639 (3,287) (2,648) 30 22,052 22,052 (130) (477) (607) 1,610 31,646 33,256 130
26. 2014 1 1 4,617 608 11 (4,472) (123) 2014 12 312015 1 1 630 30 4,705 11 (32) (39) 5,264 10% 2008 1 1 2007 12 31 2015 12 31 2015 12 31 104,367,000201449,330,000 131
27. 2015 2014 2014 12 31 5,143,260 1.00 1,000,000,000 0.01 10,000 5,143 77,500 39,860 2014 1 1 5,000,000 38,750 38,750 (a) 143,260 1,110 60,692 61,802 2014 12 31 2015 1 1 5,143,260 39,860 60,692 100,552 (b) 509,182,740 (c) 5,131,000 398 (398) (d) 305,543,000 23,680 (234) (23,446) (e) 175,000,000 13,562 721,438 735,000 (39,277) (39,277) 1,000,000,000 77,500 (632) 719,407 796,275 132
27. (a) 2014 12 22143,260 1.00431.40 60,692,000 2015 (b) 2015 5 111.001,000,000,000 0.01 10,000,000 1,000,000,000 0.015,143,260 514,326,000 0.01 (c) 2015 6 195,131,000 0.01 28 (d) 2015 11 253,055,43023,680,000 305,543,0008,149,03830,000 234,000 (e) 2015 12 15 4.20175,000,000 0.01 721,438,000 133
28. 2015 6 19 5,131,0008,149,038 0.81% 2015 1 1 5,131,000 3,018,038 8,149,038 2015 6 19 5,131,000 (i) 50% (ii) 50% 134
28. 2017 12 31 45,931,0008.952015 12 31 14,538,000 2015 6 19 29. 6364 (i) 10% 50% 25% (ii) 34(1)(b)(ii) 2014 3 282014 5 152015 3 20Triera Holdings Limited Prosperity Worldwide Investment Holdings Limited NCHA Holdings Limited 287,918,00096,000,000182,944,000 201432,579,0009,325,000 2015 12 15566,862,0002015 12 15 546,315,000 (iii) 392015 12 3128,140,000 135
30. SCDL Holdings Pty Ltd.SCDL 2015 3 20Modern Dental Pacifi c Holding Limited Ironbridge Capital II A Pty Limited Ironbridge Capital II B Pty Limited Ironbridge Fund II LP Wisdom Holdings NV FII FP Vehicles Limited Buzi Bear Pty Limited, Australasian Ceramics Pty Ltd Kurt Smith Ceramics Pty Ltd Matt Smith Ceramics Pty Ltd Eriko SharpChris AughtonJames Squirrell43,387,000 SCDL Holdings Pty Ltd.SCDLSCDL 2015 3 20 SCDL 14 11,125 26 4,705 1,453 27,236 3,111 16 73,505 16 68,994 12,183 (12,309) (199,696) (34,797) 26 (22,052) (1,402) (67,944) 15 325,227 257,283 257,283 136
30. SCDL Holdings Pty Ltd.SCDL 5,760,000 325,227,000 38 (257,283) 12,183 2015 (245,100) 2015 (5,760) (250,860) SCDL 183,203,000 11,455,000 2015 12 311,447,429,00062,696,000 31. 20142015 12 31 137
32. 110 2015 12 31 2015 2014 20,463 17,478 34,680 20,735 15,773 10,098 70,916 48,311 33. 2015 4 28 246,000,000 20142015 12 31 138
34. (1) (a) 2015 2014 (i) 2,053 1,564 (ii) Yangzhijin Dental Laboratory Company 2,718 6,744 (iii) Yangzhijin Dental Laboratory Company 29 580 (iv) Yangzhijin Dental Laboratory Company 375 1,475 (v) 4,332 5,135 (vi) Trident Dental Group Limited 19 Yangzhijin Dental Laboratory Company Trident Dental Group Limited 33.3% Yangzhijin Dental Laboratory Company Trident Dental Group Limited 139
34. (1) (b) (i) 2014 12 31 507,364,000 Top Team (China) Limited 2014 317,536,000 (ii) 2014 3 282014 5 152015 3 20Triera Holdings Limited Prosperity Worldwide Investment Holdings Limited NCHA Holdings Limited287,918,000 96,000,000182,944,0002017 3 27 2017 5 122016 12 31 7,419,00013,857,000 20142015 12 31 2015 12 15566,862,0002015 12 15 546,315,000 140
34. (2) 2015 12 31 2015 2014 Trident Dental Group Limited (i) 2 (i) 38,437 2 38,437 (iv) 4,186 28 Gregory Scialom (v) 34,938 (v) 12,350 (v) 9,260 (v) 5,188 65,950 Yangzhijin Dental Laboratory Company (i) 15,019 (i) 151 (i) 899 1,050 15,019 (iv) 8,177 (iv) 733 8,910 141
34. (2) 2015 2014 Triera Holdings Limited (ii) (iii) 269,069 (iv) 17,042 (iv) 17,042 (iv) 11,362 Prosperity Worldwide-Investments Holdings Limited (ii) (iii) 53,814 NCHA Holdings Limited (ii) (iii) 35,876 (v) 2,127 406,332 (iv) 9,375 (iv) 2,344 (iv) 7,031 (iv) 6,250 25,000 (i) Yangzhijin Dental Laboratory Company Trident Dental Group Limited33.3% (ii) 34(1)(b)(ii) (iii) Triera Holdings LimitedProsperity Worldwide Investment Holdings Limited NCHA Holdings Limited (iv) (v) Gregory ScialomLabocast SASLabo Ocean Indien SA 2015 6 15 2014 12 22Gregory Scialom 142
34. (3) 2015 2014 23,510 14,365 7,057 1,842 2,606 32,409 16,971 9 143
35. 3,635 3,635 288,228 288,228 24,632 24,632 2 2 3,360 3,360 945,689 945,689 3,635 1,261,911 1,265,546 14,138 14,138 33,542 33,542 120,380 120,380 645,771 645,771 1,050 1,050 14,138 800,743 814,881 144
35. 2014 12 31 3,067 3,067 252,605 252,605 18,369 18,369 38,437 38,437 65,950 65,950 10,353 10,353 167,545 167,545 3,067 553,259 556,326 2014 12 31 8,797 699 9,496 41,313 41,313 158,865 158,865 356,695 356,695 15,019 15,019 25,000 25,000 415,242 415,242 8,797 699 1,012,134 1,021,630 145
36. 2015 2014 2015 2014 3,635 3,067 3,635 3,067 14,138 9,496 14,138 9,496 1,362 2,149 1,362 2,149 645,771 356,695 645,771 356,695 661,271 368,340 661,271 368,340 146
36. 2015 12 31 AAA Sundance Sundance 20152014 12 31 2015 2014 % 0.00 0.00 % 29.19 29.64 31.21 31.63 % 1.467 1.506 1.460 1.534 3.39 3.63 4.39 4.63 147
36. 3,635 3,635 2014 12 31 3,067 3,067 2015 2014 1 1 3,067 812 3,241 568 (97) (801) (88) 12 31 3,635 3,067 148
36. 5,030 9,108 14,138 1,362 1,362 5,030 10,470 15,500 2014 12 31 699 8,797 9,496 2,149 2,149 699 10,946 11,645 149
36. 2015 2014 1 1 8,797 33,671 8,797 312 (975) (29,897) (1) (2,799) 12 31 9,108 8,797 1 1 2,149 2,149 (787) 12 31 1,362 2,149 2014 150
36. 645,771 645,771 2014 12 31 356,695 356,695 151
37. 3 % 2015 12 31 1 (6,418) (6,418) (1) 6,418 6,418 2014 12 31 1 (2,542) (2,122) (1) 2,542 2,122 152
37. 20142015 12 31 11% 3%20142015 12 31 11% 8% % 5 (69) (5) 69 5 (130) (5) 130 2014 12 31 5 67 (5) (67) 5 (208) (5) 208 3090180 18 153
37. 3 3 12 1 5 14,138 14,138 33,542 33,542 119,018 1,362 120,380 77,500 365 49,734 598,341 725,940 1,050 1,050 231,110 365 49,734 613,841 895,050 2014 12 31 3 3 12 1 5 9,496 9,496 41,313 41,313 164,690 5,779 170,469 87,823 11,897 36,115 231,984 367,819 15,019 15,019 25,000 25,000 8,910 406,332 415,242 342,755 11,897 36,115 653,591 1,044,358 154
37. 2015 2014 645,771 356,695 33,542 41,313 120,773 164,690 1,050 15,019 415,242 5,478 5,779 3,360 10,353 945,689 167,545 (142,435) 820,840 1,779,538 544,123 1,637,103 1,364,963 (9%) 60% 155
38. 2015 2014 39 29 388 388 427 417 1,167,942 842,980 40 2,909 66,027 702,154 8,373 1,870,136 920,289 17,126 5,167 25,000 444,728 282,429 8,940 1,000 461,854 322,536 1,408,282 597,753 1,408,709 598,170 358,758 358,758 1,408,709 239,412 77,500 39,860 (632) 1,331,841 199,552 1,408,709 239,412 156
38. 2014 1 1 35,803 35,803 60,692 60,692 (40,000) (40,000) 32,579 32,579 110,478 110,478 2014 12 31 2015 1 1 60,692 32,579 106,281 199,552 (23,446) (23,446) 721,438 721,438 (39,277) (39,277) 9,325 9,325 546,315 546,315 14,538 14,538 (4,276) (4,276) (92,328) (92,328) 719,407 602,757 (4,276) 13,953 1,331,841 39. 2016 3 23 157
12 31 2015 2014 2013 2012 1,415,620 1,192,166 777,737 721,949 (654,252) (550,097) (364,644) (389,867) 761,368 642,069 413,093 332,082 2,827 19,689 3,507 3,953 (147,822) (137,742) (79,435) (64,841) (434,402) (312,597) (157,673) (111,111) (5,078) (5,506) (12,110) (1,286) (42,337) (30,477) (15,775) (256) 134,556 175,436 151,607 158,541 (51,550) (44,191) (28,073) (19,536) 83,006 131,245 123,534 139,005 81,963 120,186 114,087 101,543 1,043 11,059 9,447 37,462 83,006 131,245 123,534 139,005 12 31 2015 2014 2013 2012 2,679,452 1,631,782 1,195,186 623,990 (891,616) (1,080,625) (711,184) (296,076) (8,298) (7,034) (42,731) (28,535) 1,779,538 544,123 441,271 299,379 158
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