gý - ceair.comk?± jaÑ 2017 ¤ 2016 ¤ \ o" : ¤ < o Î ÿ Ä% Å 2015 ¤ :u j f 101,721...
TRANSCRIPT
1 釋義
2 公司簡介和主要財務指標
3 公司業務概要
4 經營情況討論與分析
5 重要事項
6 普通股股變動及股東情況
7 董事，監事，高級管理人員及員工情況
8 公司治理
9 公司債券
10 備考文件目錄
目錄
2017
2018 2 2017
2017 7.402514,467,585,682 0.051
2017
2017 2018
1 2017
2017 12
Delta Air Lines Inc IATA DL
Air France-KLM
Qantas Airways
2 2017
www.caac.gov.cn/
www.csrc.gov.cn/
HKSCC
(Hong Kong Securities Clearing Company
Ltd.)
H
3 2017
SkyTeam Alliance
http://www.skyteam.com/
IATA
International Air Transport Association
http://www.iata.org/
2017 1 1 12 31
2017 12 31
4 2017
1957 1 1997
2017 637 10
5.5
177 1,074
2017 1.1 “ ”
20 600
“ ”
2017 “
” WPP “ ” 30
Brand Finance “ 500 ” 2017
IATA “ ”
“ ” “ ” “
” “2017 ” “ ” “
”
“ ” “ ”
China Eastern Airlines Corporation Limited
CEA
92
5 2017
021-22330933
021-62686116
92
021-22330921
021-62686116
66
201202
92
200335
www.ceair.com
APP
(M ) m.ceair.com
+86 95530
http://weibo.com/ceair
donghang_gw
6 2017
www.sse.com.cn
92
A 600115
H 00670
ADR China Eastern CEA
116
1 22
1233 32
2016 6 2017 12
7 2017
2017 2016 % 2015
101,721 98,560 3.21 93,844
6,352 4,508 40.91 4,541
4,493 3,400 32.15 3,192
19,572 24,893 -21.38 24,325
2017 2016
(%) 2015
53,106 47,186 12.55 35,137
227,464 210,051 8.29 195,709
2017 2016
(%) 2015
0.4391 0.3266 34.45 0.3550 0.4391 0.3266 34.45 0.3550
0.3106 0.2463 26.11 0.2496
% 12.64 10.85 1.79 14.73
% 8.94 8.19 0.75 10.59
2017 144.67
2016 138.035
8 2017
6,352 4,508 53,106 47,186
a - - 2,242 2,242
(b) -10 -10 21 31
- - -3 -3 / (c) - - -6 -6
6,342 4,498 55,360 49,450
a
“ ”
( )
b 2001 6 30
3% 10 15
2001 7 1 5%
15 20
15 20
c
9 2017
1-3
4-6
7-9
10-12
24,536 23,484 29,485 24,216 2,818 1,529 3,568 -1,563
1,168 1,113 3,368 -1,156
2,580 4,692 7,256 5,044
2017 2016 2015
18 77 378 12 12 41
1,754 - - 4 95 33
10 14 54
714 1,327 1,180
-598 -313 -169 -55 -104 -168
1,859 1,108 1,349
89,086 137,477 48,391 -63,181
72 -310,880 -310,952 -487,451
89,158 -173,403 -262,561 -550,632
10 2017
1.
“ ”
637 10 5.5
177 1,074
2.
IATA
2017 2016 7.5%
2016 9.3% 40.81 7.11% 5,990
9.11% 81.2% 2018
6.0% 43.11 5.6%
81.4% 2018 11% 384
IATA 2018
2022
2017 " "
2017
1,083.1 12.5% 9,512.8
13.5% 243.5
9.5% 55,156.8 13.0% 705.8
11 2017
5.7% 83.2% 2018
6 11.4%
“ ”
1.
10 2 5
2 80% 100 54%
90% 93% GDP 2017
1.3
“ ”
2.
2025 7,200 200 62
40%
2017 2
2019
12 2017
3.
“ ”
15
Qantas
177
1074
4.
2017 5.5
B777
A330
A320 B737
2018
A350-900 B787-9
5.
“ ”
13 2017
97%
“ —
” “ +”
6.
“ ”
B787-9
A350-900
“
” “ ” “ ” “ ”
IATA “ ” “ ” 2017
“ ” “2017 ” “
” “ ”
7.
2017 11,081 8.9% 2017
3,336 , 5,727
14 2017
“ + ”
“ + ”
15 2017
ASK 225,996.28 206,249.27 9.57% 141,067.10 129,459.68 8.97% 78,980.87 71,177.37 10.96% 5,948.32 5,612.22 5.99%
RPK 183,181.98 167,529.20 9.34% 117,033.08 106,361.13 10.03% 61,390.58 56,821.42 8.04% 4,758.33 4,346.64 9.47%
110,811.40 101,741.64 8.91% 92,621.36 84,201.92 10.00% 14,676.05 14,323.71 2.46% 3,513.99 3,216.02 9.27%
(%) 81.06 81.23 -0.17pts 82.96 82.16 0.80pts 77.73 79.83 -2.10pts 79.99 77.45 2.54pts
1
0.517 0.515 0.39%
0.538 0.532 1.13% 0.462 0.469 -1.49% 0.714 0.712 0.28%
1
0.481 0.480 0.21%
0.538 0.532 1.13% 0.362 0.371 -2.43% 0.646 0.638 1.25%
2
2
AFTK 7,057.28 6,535.18 7.99% 9,439.85
2,277.61 2,163.17 5.29% 2,220.52
16 2017
4,592.09 4,224.47 8.70% 6,949.25 187.57 147.54 27.13% 270.08
RFTK 2,663.01 2,495.43 6.72% 4,875.20
895.56 927.40 -3.43% 963.57 1,722.73 1,530.17 12.58% 3,786.02 44.73 37.86 18.15% 125.61
933.33 929.26 0.44% 1,395.01 647.86 668.64 -3.11% 707.17 247.91 228.59 8.45% 584.79 37.56 32.03 17.27% 103.04
1 1.363
1.244
1.100 1.062 1.442 1.233 3.577 2.977
1 1.294 1.167
1.012 0.983 1.387 1.158 3.398 2.850
ATK 27,396.94 25,097.62 9.16% 28,002.28
14,973.65 13,814.54 8.39% 13,871.89 11,700.37 10,630.43 10.06% 13,355.21 722.92 652.64 10.77% 775.18
RTK 18,856.10 17,333.11 8.79% 19,712.88 11,251.85 10,362.29 8.58% 10,398.46 7,139.59 6,548.92 9.02% 8,804.77 464.66 421.89 10.14% 509.65 (%) 68.83 69.06 -0.23pts 70.40 75.14 75.01 0.13pts 74.96 61.02 61.61 -0.59pts 65.93 64.28 64.64 -0.36pts 65.75
1 5.214
4.687
5.679 5.541 4.322 3.556 7.659 6.809
1 4.860 4.370
5.672 5.534
17 2017
3.445 2.893 6.941 6.141
1.
2. 2016 2016 2 12
2016 2016
2017
73 18 B737-8MAX B767
2017 12 31 637 627
10 2017 2 8 100%
9
2017 12 31
1 B777-300ER 9 11 0 20 1.9 2 A330-300 1 17 7 25 6.9 3 A330-200 15 15 3 33 5.3 4 B767 4 0 0 4 19.5
29 43 10 82 5.6 5 A321 38 39 0 77 4.4 6 A320 79 52 48 179 7.1 7 A319 13 20 2 35 4.7 8 B737-800 46 62 84 192 3.9 9 B737-700 42 13 1 56 8.6
10 B737-8MAX 0 6 0 6 0.1 218 192 135 545 5.5
247 235 145 627 5.5
10
637
18 2017
2017
2017 188.56 2016
2 12 8.79%
1.11 8.91% 1,017.21
3.21% 902.85 9.32%
55.05 63.52
40.91%
2017 207.3 8.02% 87.97
6.97%
19 2017
- - -
- -
“ ” -
- - - 2017
177 1,074
“ ”“ ”
34.3% 51.2%
11 15.4%
“
” “ ”53%
OD
2017 “ ” 3,336
14.3% 818
31.71% 1.37
TMC OTA
TMC 38.92%
25.07%
4,027 27.1%
2017
“ ”
20 2017
Air Europa IATA UX CSA Czech
Airlines IATA OK
Jet Airways
IATA 9W Air Mauritius IATA MK
WestJet IATA WS
2017 28 723 1,028
2017 75.58 22.4%
APP
“ ”
71.19% 8.38
22.70% 6 “ ”
“ ”“ ” “ ”
T2 T1
F
WIFI
2017
74 “
” 11 APP
21 2017
12
149%
2017
72.86%
74.67%
23.11%
“” UPS
7
“
”
“
”
“ ”
40 “ ——”
“ ”
“ ”“ ”
836 59,069 170,906
22 2017
65,733
2017 6 “ ”WPP Wire & Plastic Products Group “ ” 30
2 Brand Finance “ 500
”
“ ”
1.
%
101,721 98,560 3.21 90,285 82,587 9.32
263 237 10.97 5,753 5,693 1.05 3,143 3,019 4.11 1,261 6,393 -80.28
491 29 1593.10 -311 2 -15650.00
2,054 322 537.89 37 112 -66.96
4,941 - 7,246 1038 598.07
1,419 5,550 -74.43 45 81 -44.44
8,620 6,507 32.47 19,572 24,893 -21.38 -21,312 -37,180 -42.68 4,708 4,634 1.60
2.
1
23 2017
(%)
(%)
96,753 6.25 86,384 12.88 10.72 -5.24pts 4,968 -33.72 3,901 -35.63 21.48 2.32pts
101,721 3.21 90,285 9.32 11.24 -4.97pts
%) % % 59,968 11.15
3,621 -39.12 2,320 24.53 27,470 4.76
3,374 9.58
96,753
2017 908.12 9.08%
93.86% 183,181.98
9.34%
117,033.08 10.03%
599.68 11.15% 66.03%
61,390.58 8.04%
274.70 4.76% 30.25%
4,758.33 9.47%
33.74 9.65% 3.72%
2017 36.21 39.12%
3.74% 2,663.01
45.38%
2017 23.20 24.53%
2.40%
2
%
24 2017
62,744 11.93 30,432 -3.37
3,577 1.73
96,753 6.25
3
% 2017 2016
1,323 2,850 -53.58 2,322 3,113 -25.41
1,323 1,533 -13.70
4,968 7,496 -33.72
2016 33.72% 2016 53.58%
2017
4
2017 2 100% 2017
2017
2
5
(%)
(%)
(%)
25,131 27.84 19,626 23.76 28.05 13,254 14.68 12,279 14.87 7.94
3,090 3.42 2,862 3.46 7.97
8,869 9.82 8,623 10.44 2.85
12,446 13.79 11,114 13.46 11.98 5,346 5.92 4,960 6.01 7.78
4,318 4.78 4,779 5.79 -9.65 2,809 3.11 2,445 2.96 14.89
25 2017
11,121 12.32 9,839 11.91 13.03 3,901 4.32 6,060 7.34 -35.63
90,285 100 82,587 100.00 9.32
2017
2017
251.31 28.05% 4.50%
8.83 22.53% 46.22
(
2017 18 )
2017
45
2017 9 46
7
100% 2016
1-12 2017 1
12.44%
6
%
1 6,906 6.79 2 6,095 5.99 3 4,426 4.35 4 3,535 3.47 5 2,337 2.30
26 2017
23,299 22.90
( ) (%)
1 8,256 9.14 2 4,887 5.41 3 1,273 1.41 4 660 0.73 5 530 0.59
15,606 17.28
3.
2017 2.63 10.97%
< > 2016 22 ,
4.
2017 57.53 1.05%
3.21%
2017 12.61 80.28%
2017 20.01 2016
35.43
5.
2017 20.54 537.89%
2017
100%
17.54
6.
2017 49.41 72.46
598.07% 14.19 74.43%
2017 5 16 —— 2017 1
27 2017
1 2017 6 12
“ ”
“ ”
7.
2017 0.45 44.44%
2017 30
8.
2017 195.72 21.38%
213.12 42.68%
2017
100%
47.08 1.60%
2017
1.
/
%
/
% %
4,656 2.05% 1,738 0.83% 167.89
0 0.00% 11 0.01% -
0 0.00% 30 0.01% -
2,124 0.93% 2,630 1.25% -19.24
4,674 2.05% 4,213 2.01% 10.94
580 0.25% 2,762 1.31% -79.00
28 2017
0 0.00% 0 0.00% -
183 0.08% 73 0.03% 150.68
2,185 0.96% 2,248 1.07% -2.80
14 0.01% 0 0.00%
76 0.03% 140 0.07% -45.71
3,801 1.67% 2,043 0.97% 86.05
800 0.35% 645 0.31% 24.03
151 0.07% 137 0.07% 10.22
302 0.13% 321 0.15% -5.92
2,211 0.97% 2,060 0.98% 7.33
163,130 71.72% 150,751 71.77% 8.21
28,780 12.65% 25,755 12.26% 11.75
2,043 0.90% 2,418 1.15% -15.51
9,028 3.97% 9,028 4.30% -
1,543 0.68% 1,879 0.89% -17.88
122 0.05% 79 0.04% 54.43
1,061 0.47% 1,090 0.52% -2.66
227,464 100 210,051 100 8.29
24,959 14.61% 9,983 6.24% 150.02
324 0.19% 11 0.01% 2,845.45
1,173 0.69% 1,120 0.70% 4.73
11,036 6.46% 10,811 6.76% 2.08
1,342 0.79% 966 0.60% 38.92
7,043 4.12% 7,677 4.80% -8.26
3,034 1.77% 4,025 2.52% -24.62
2,076 1.21% 1,810 1.13% 14.70
1,084 0.63% 932 0.58% 16.31
2,855 1.67% 3,455 2.16% -17.37
8 0.00% 0 0.00%
15,391 9.01% 10,289 6.43% 49.59
29 2017
10,000 5.85% 17,000 10.63% -41.18
4,924 2.88% 10,604 6.63% -53.56
1 0.00% 47 0.03% -97.87
19,787 11.58% 17,286 10.81% 14.47
60,746 35.55% 58,514 36.58% 3.81
2,800 1.64% 3,085 1.93% -9.24
83 0.05% 86 0.05% -3.49
18 0.01% 86 0.05% -79.07
2,262 1.32% 2,168 1.36% 4.34
170,946 100% 159,955 100% 6.87
2.
2017 46.56 2016 167.89%
2017 5.80 2016 79%
2017 1.83 2016 150.68%
2017 0.76 2016
45.71%
2017 38.01 2016 86.05%
2017 249.59 2016 150.02%
2017 100.00 2016
41.18%
2017 153.91 2016
49.59% 49.24 2016 53.56%
2017 5.40 2016 64.63%
2017
30 2017
2017 138.79 2016 64.29%
2017
3.
2017 12 31 2,274.64 2016
8.29% 75.15% 2016 1.00
182.93 8.04% 2016
15.14% 2,091.71 91.96% 2016
7.73%
4.
2017 12 31 1,709.46
803.25 46.99% 906.21
53.01%
483.31 2016
36.96%
823.38 2016 0.18%
2017
2017 12 31
2017 2016 (%)
(%) (%) 36,809 28.17 52,866 44.89 -30.37
83,880 64.19 57,793 49.07 45.14 9,980 7.64 7,114 6.04 40.29 130,669 100 117,773 100 10.95
2017 12 31 340.14
2016 12 31 224.46 51.54%
31 2017
2017 2016 (%) 7,555 7,953 -5.00 4,921 4,215 16.73
21,538 10,278 109.56 34,014 22,446 51.54
2017 12 31 668.68
2016 12 31 610.41 9.55%
2017 2016 (%) 29,254 44,913 -34.87
627 739 -15.16 264 326 -19.02 675 840 -19.64
36,048 14,223 153.45 66,868 61,041 9.55
5.
2016 12 31
175.59 2017 12 31
112.07 2016 12 31 36.18%
1.
% %
B777-300ER 252.46 81.30 58.42 14.12
A330 1,019.14 79.75 56.66 11.27
B767 104.25 85.05 64.10 7.34
A320 5,391.93 81.49 71.54 9.55
B737 4,313.36 79.86 76.41 8.83
32 2017
2.
2017 12 31 637 10
B777-300ER
9 2.1 14.04 46124.09
11 1.7 14.19 48075.59
20 1.9 14.12 94199.68
B767
4 19.5 7.34 14417.59
4 19.5 7.34 14417.59
A330
16 4.6 13.00 75,929.74
32 4.9 11.68 118,344.36
10 11.6 9.97 33,981.08
58 6.0 11.78 228,255.18
A330 A330-200 A330-300
A320
130 9.0 9.44 446,261.35
111 4.1 9.72 371,576.37
50 3.1 10.12 157,268.35
291 6.1 9.65 975,106.07
A320 A319 A320 A321
B737
33 2017
88 6.8 8.61 274916.28
81 2.8 9.42 230635.15
85 4.7 8.88 251730.97
254 4.8 8.93 757282.40
B737 B737-700 B737-800 B737-8MAX
3.
295 400 295 400 295 400
591 630 591 630 591 630 171 305 171 305 171 305
1,057 1,335 1,057 1,335 1,057 1,335 3,884 3,196 3,884 3,196 3,884 3,196
4.
1
2017
47 26
2 3
2017 12 31
870.30 2018-2020
283.22 275.16 192.73
3
2017 53.46
124.46
34 2017
29.
5.
2017 573 327 206
2017 7,332 867
789
6.
2017
2017
174 1,074
2018
1.
1
00696
18,503,000 29,055,000 569,287,604 82.20 -
600000 122,144,004 9,790,691 123,264,800 17.80 -
/ / / / /
/ / / / 3,766,
225
/ 692,552,404 100 3,766,
225
2
35 2017
486,902 - 25% 632,124 140,671 155,405
486,902 - 25% 632,124 140,671 155,405 / /
3.
89,086 137,477 48,391 -63,181 72 -310,880 -310,952 -487,451
89,158 -173,403 -262,561 -550,632
1
2016 12 31
16.36 2017 12 31 14.20 2018 2025
2
2017 12 31 467.89
78.67%
2016 12 31
4.4 2017 12 31 8.29 2018
36 2017
3.
2016 11 29
100%
2017 2017 2 8
100%
2016 11 30
www.sse.com.cn 2017 1 18 2 11
4.
%
%
%
8,257 13.11% 577 12.92% 10,437 3,782 63.76% 4,289 15.73% 446 3.00% 7,126 3,483 51.12% 8,939 -5.94% 695 -10.21% 17,401 6,648 61.80% 12,461 8.93% 1,204 44.19% 16,695 2,344 85.96%
5,033 18.84% 809 72.86% 9,006 3,238 64.05% 788 17.09% 339 34.52% 2,044 1,155 43.49% 7,246 7.56% 112 -27.74% 6,455 4,017 37.77% 2,316 -18.42% 27 -250.00% 502 56 88.84%
1
1993 20
2017 82.57 13.11%
5.77 12.92% 16,001.98
16.88% 1,168.25 14.07% 2017
A320 59
2
2002 17.5
2017 42.89 15.73%
37 2017
4.46 3.00% 6,742.28
14.17% 601.58 14.66% 2017
B737 30
3
2010 36.62
2017 89.39 5.94%
6.95 10.21% 15,406.97
1.03% 1,181.85 0.14% 2017
A330 B737 76
4
2010 5
2017 124.61 8.93%
12.04 44.19% 22,611.58
10.17% 1,539.89 7.57% 2017
A330 B737 B767 95
5
1984 13.20
2017 50.33 18.84%
8.09 72.86% 9,413.07
11.02% 766.55 13.82%
2017 B737 39
“ ” “ ”
38 2017
“
”
“ ”
Qantas
“ ”
“ ”
39 2017
“ ”
177
1,074
“ ”
“ ” 2014 LOGO
B777-300ER
40 2017
“ ”
IT
97%
71%
2018
“ ”
“ ”
“ ”
2018
1.
2.
41 2017
3.
APP
4.
5.
6.
2018 2020
2018 2019 2020
A350 2 - 5 - 4 - A330 8 10 - - - - A320 16 - 25 - 30 - B777 - - - - - - B787 4 - 6 - 3 - B767 - 4 - - - -
42 2017
B737 37 1 26 - 24 10
67 15 62 - 61 10
1 2017 12 31 2021
15 11
2
1.
“
”
2.
3.
43 2017
4.
5.
“ ”
6.
44 2017
Qantas
7.
2017
5% 12.57 2017
2017
8.
2017 12 31 1%
-260 260 41 -41
2017
45 2017
2017 12 31
28.17%
9.
2017 12 31
25
-142 142 17 -17
10.
“ ”
WANNACRY
11.
46 2017
12.
13.
14.
47 2017
48 2017
160 160 A 160
D 160 E 160 F
2016
2017 3 30 2016
2016 7.089
14,467,585,682 0.049 A
H 2016
2017 8 10
2017 3 30 2017 6 29 2017 8 4
2017
2018 3 29 2017
2017 7.4025
14,467,585,682 0.051 A
H
2018 3 29
2017
49 2017
10
10 ( )
10
(%)
2017 - 0.51 - 740.25 6,352 11.65
2016 - 0.49 - 708.90 4,508 32.10 2016
- 0.51 - 738.00
2015 - 0 - - 4,541 -
5%
17
1996.513
2014 6
2014 6 27 2017
6 30
76
14.67
20146
2014 627 2026
6 30
50 2017
10-12
/
241,547,927 457,317,073A 2016 4 18
24
20164
20164 18
20184 17
7,150
5 6,000
5
3,000
2017 2 2016
2017 2017
2017
2017 2017 3
30 6 29
51 2017
2017
2017 2017
— 4,053,343 10,000,000
— - 10,000,000
1,253,879 1,450,000
300,211 560,000
145,438 430,000
53,764 80,000
22,720 75,000
550,538 950,000
1,996,540 24.15
97,597 240,000
100,466 300,000
280,578
500,000
116,736 300,000
AFK
— 622,237 830,000
— 398,609 550,000
1.2016 4 28 2016
2017-2019 2016 4
29
52 2017
2.2016 8 30
2017 1 1 —2019 12 31
2017 2019
2016
2017 2019
2016 8 31 10 28
3.2016 10 27 2017-2019
2016 10 28
4.2016 11 29 100%
2017 1 1
2016 11 30 2017
1 4 1 18
5.2017 10 3 10%
2017 12
22
6.2017 12 22 2018-2019
2017 12 22
7. 2017 1 1
2017-2019
2017 1 4 1 18
www.sse.com.cn
8.2018 3 1
2018 3 2
53 2017
2016 11 29
100% 20172017 2 8
100%2017 2 8
2016 11 30
www.sse.com.cn 2017 118 2 11
2017 9 29
80,800.91
2017 9 30
www.sse.com.cn
2017 8 105
B737 5 B7375 B737
5 B737 38 / /144
2017 8 11
2018 3 1
2018 3 2
54 2017
4,354,642 7,507,518
7,507,518 % 13.28%
70%
7,354,642
50% - 7,354,642
70
73.55
1.
2.
2017
2017
1519.26 1048.06
52.2 319 100 ( )
55 2017
1
2017
1,159
11,869.2
2
2017 3+X
/
300
3
4
4-5
56 2017
2-3
5
5
3 2017
1519.26
1. 1329.16 2. 190.1 3. 2427
1.
1.1 1.2 2 1.3 52.2
2. 2.2 / 76
4. 319 4.1 ,19 4.2 150 4.3 300
5. 100 5.1 100
9. 11 9.1. 11 9.3. 2427
4
2018
“ ”
57 2017
2018 3 29
2017
1.2017 2018 1-3 2017 1-10
2017 1 20 2 25 3 3 4 26 6
16 6 29 8 22 8 23 9 13 9 27
2.2017 2018 1-3 2016 7 12-17
2017 1-6 8-10 2017 1
7 2 25 4 13 4 20 4 29 5 18 6 10
6 15 7 11 8 17 9 7 2018 1 6 3 2 3
13
3.2017 2016 1-3
2017 6 8 6 27 7 14
4.2017 3 20 2012
“12 01 ” 2016 3 18 2017 3 17 2017
10 24 2016
“16 01” “16 02” 2016 10 24 2017
10 23 2018 3 19 2012
12 01 2017 3 18 2018 3 17
“12 01” “16
01” “16 02” 2016 1-3
AAA 2017 3 10 5 9
10 17 2018 3 10
5.2016 9 28 2017 3 28
2016 9 28 2017 3 27 2017 9 28
2017 3 28 2017 9 27 2018
58 2017
3 26 2017 9 28 2018 3 27
2016 9 29
2017 3 22 9 27 2018 3 26
6.2017 11 7 2017
11 8
7.2018 2 2 2018
3 9 2018 3 19
2018 2 3 3 10 3 20
8.2017 8 10
2017 8 11
9. 2017 7 27
10%
2017 7 28 9 29 10 10
9.2017 12 22
2018 12 31
10
1000
10 2017
12 23
59 2017
10.2018 1 19 67
67 98
2018 2 8 2018 1 20
2 9
11.2017 12 22
1996 3 “ ”
2017 12 23
60 2017
(%) (%)
1,327,406,822 9.18 -1,327,406,822 0 0 1 698,757,763 4.83 -698,757,763 0 0 2 628,649,059 4.35 -628,649,059 0 0
13,140,178,860 90.82 1,327,406,822 14,467,585,682 100
1 8,481,078,860 58.62 1,327,406,822 9,808,485,682 67.80 2
4,659,100,000 32.20 0 4,659,100,000 32.20
14,467,585,682 100 0 14,467,585,682 100
465,838,509 465,838,509 0 0
12 2017 7 3
465,838,509 465,838,509 0 0
12 2017 7 3
232,919,254 232,919,254 0 0
12 2017 7 3
162,810,550 162,810,550 0 0
12 2017 7 3
1,327,406,822 1,327,406,822 0 0 / /
2017 7 3 2016 A
3
61 2017
/
H 2015 9 9 7.49 465,910,000 2015 9 9
A 2016 6 30 6.44 1,327,406,822 2017 7 3
2016 2016 10 243.03% 1,500,000,000
2016 11 8 3.30% 1,500,000,000
1
2017 12 31 2,274.64 2016
8.29% 75.15% 2016 1.00
182.93 8.04% 2016
15.14% 2,091.71 91.96% 2016
7.73%
2
2017 12 31 1,709.46
803.25 46.99% 906.21
53.01%
217,988
221,126
(%)
35.06% 5,072,922,927 - -
HKSCC NOMINEES 28.91% 4,182,503,289 826,000 -
62 2017
LIMITED
4.27% 617,787,275 274,288,009 -
3.49% 504,767,895 -81,532,357 -
Delta Air Lines Inc
3.22% 465,910,000 - -
3.22% 465,838,509 - - 465,838,50
9
3.16% 457,317,073 - -
1.61% 232,919,254 - -
LOF 0.59% 85,999,872 85,999,872 -
0.49% 70,984,100 - -
5,072,922,927 5,072,922,927 HKSCC NOMINEES LIMITED 4,182,503,289 4,182,503,289
617,787,275 617,787,275 504,767,895 504,767,895
Delta Air Lines Inc 465,910,000 465,910,000 465,838,509 465,838,509
457,317,073 457,317,073 232,919,254 232,919,254
LOF 85,999,872 85,999,872
70,984,100 70,984,100
HKSCC NOMINEES LIMITED 4,182,503,289
2,626,240,000
100%
100% 100%
63 2017
2017 8 30 7 H
( ) 2.6 H
2017 11 24 7.5 H
2018 3 20
2017 8 31 11 25 2018 3 20
2002 8 3
2017 12 30
“ ”
64 2017
HKSCC 4,182,503,289 H
2,626,240,000 H
65 2017
59 2016 6
15 2019 6
30 - - - -
53
2016 615
2019 630
- - - -
54
2016 615
2019 630
3,960 3,960 - -
61 2016 6
15 2019 6
30 - - - -
51
2016 615
2019 630
- - - -
58
2016 615
2019 630
- - - -
58 2018 2
8 2019 6
30 - - - -
69 2016 6
15 2019 6
30 - - - 20
69 2016 6
15 2019 6
30 - - - 20
60 2016 6
15 2019 6
30 - - - 20
63 2016 6
15 2019 6
30 - - - 20
55 2016 6
15 2019 6
30 - - - -
60 2016 6
15 2019 6
30 - - - -
59 2016 6
15 2019 6
30 - - - 154.85
55 2016 6 2019 6 - - - 58.38
66 2017
15 30
50 2016 6
15 2019 6
30 - - - -
54
2016 615
2019 630
3,696 3,696 - 154.85
53 2016 6
15 2019 6
30 - - - 154.85
52 2017 12
25 2019 6
30 - - - -
53 2017 2
22 2019 6
30 - - - 92.21
44 2016 6
15 2019 6
30 - - - 139.73
57 2016 6
15 2017 2
22 62,731 62,731 - 39.91
49 2016 6
15 2018 2
7 - - - -
/ / / / / 70,387 70,387 0 874.78 /
1. 2017 2 22
2017 3 12
2. 2017 1
1 2 22 2017 1 2
3. 2018 2
2017 12 24 2018 1
67 2017
68 2017
69 2017
70 2017
AGIC 4.0
H
H
CPA
CIA
71 2017
72 2017
73 2017
74 2017
2016 12
2016 12
2016 8
2016 12
2011 5
2016 12 2014 6
2017 12 2017 11
2009 9
2017 12 2018 1
2017 11 2013 8
2006 11 2018 1
2006 6 2018 3 2014 11
2014 6 2018 2 2015 12 2018 1
2016 10 2018 3 2018 1
2016 10
2010 8
2012 1 2018 1
2012 2
2014 3 2018 1
Air France-KLM 2017 10
2017 6
2018 1 2016 11
2013 11
2014 6 2014 10 2017 11
75 2017
2015 5 2016 5
2016 12
2013 7 2017 6 2013 8
2014 1 2014 8
2015 3 2015 9
2017 11
2015 5 2015 5
2015 5 2016 8
2014 11 AGIC 4.0 2015 2
2015 12 2016 7
2017 6
2010 3 2010 3 2017 12
2010 3 2010 3 2010 4
2016 11 2017 6
2017 7 2018 3
2018 3
2012 2 2013 9 2018 1
2013 9 2013 9
2013 12 2015 6 2018 1
2010 5 2017 9 2011 1 2017 9
2011 6 2017 9 2011 11 2017 9
2012 2 2017 9 2012 4 2017 9 2012 5 2017 9
2014 3 2017 9 2014 12 2017 9
76 2017
2015 4 2014 11
2014 12 2017 12 2015 12 2018 3
2015 12 2015 12 2017 12
2016 11 2014 7 2017 7
2017 12
2018 1
2018 1
2009 4 2011 6 2012 2
2013 1 2018 1
2010 5
2012 1
2012 1 2012 1
2012 1 2012 1
2012 2 2012 1
2014 12 2017 7
2018 3
2014 6 2017 4
2017 4
2016 11
2017 6
2011 10 2018 3
2013 5 2015 7 2018 3
2014 3 2017 4
77 2017
2017“
”
874.78 “” “
”
75,277
41,741 33,536
6,614
7,332
18,916 11,847
25,904 2,057 920
4,378 3,923
75,277
78 2017
1,828
30,701 28,134 14,614 75,277
2017
“ ”
2017
76
2766 “ ”
8.5 3 69
GE 26 25
19 27
6 14 GE 15
20
79 2017
2017 62 B737MAX A320NEO
9
49663 980
205 3,620 107
3,134
“ ” 18 230
2017
2017 “ ”16 “ ”22 “ ”23
“ ”17
“ ” “ ” “
” “ ”
2017
——
80 2017
1.
2.
2018
2
2018 168
81 2017
3.
1 2017 12 31 11 4
2
4
3 2017
4 2017 3
2017 1
45 ECPD“ ”
4.
5.
82 2017
6.
7.
2017
8.
83 2017
2017 44 229
12
247 2
5 478
2017 6 28 2016 2017 1 17
2017 2017 12 22
2017 2018 2 8
2018 2018 3 29 2018
www.ceair.com
8621–22330921
2012 1
2016 2017 2017
2017
84 2017
1. 10%
10
2. 10
10%
3. 5
4.
90 10%
5.
6.
1
14
2
85 2017
3
——
——
2016
2017 6 28 2016
10 2017 6 28
www.sse.com.cn www.hkex.com.hk
www.ceair.com
2016
1 2016 2 2016 3 2016 4 2016 5 2017 6 2017 7 8 9 10
2017
2017 1 17 2017
86 2017
1 2017 1 17
www.sse.com.cn www.hkex.com.hk
www.ceair.com
2017
1
100%
2017
2017 12 22 2017
2 2017 12 22
www.sse.com.cn www.hkex.com.hk
www.ceair.com
2017
1 2
2018
2018 2 8 2018
6 2017 2 8
www.sse.com.cn www.hkex.com.hk
www.ceair.com
2018
1 2 3 4 5 6 67 SPV
2018
2018 3 29 2018
2 2017 3 29
www.sse.com.cn www.hkex.com.hk
87 2017
www.ceair.com
2018
1 2 2018 2019
2017 12 31 11
7
4
“
”
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
88 2017
13 13 0 9 0 3 13 13 0 9 0 3 13 13 0 10 0 3
13 13 0 9 0 3 13 13 0 9 0 3
13 13 0 9 0 3 13 13 0 9 0 3 13 13 0 9 0 3 13 13 0 11 0 3 13 13 0 8 0 3 13 13 0 11 0 3
13 1
8 4
2017 1 1 2017 12 31
2017
2017 3
89 2017
2017 12 31
2018 2 6
2018 3 29
1.
2.
/
8/8 100% 8/8 100%
8/8 100%
3.
2017 8
2017 2016
2018 3 29
90 2017
2017
4. www.ceair.com
2017 12 31
1.
1
2
3
4
5
6
7
8
2.
/
8/8 100% 8/8 100%
8/8 100%
3.
2017
1
16 6 2017
2
2017
5000
91 2017
3
2017-2020
4
“ ”
4. www.ceair.com
2017 12 31 3
1.
1
2
3
4
5
6
7
92 2017
8
9
10
2.
/
4/4 100% 4/4 100% 4/4 100%
3.
1 2016
2016
2
4. www.ceair.com
2017 12 31
1.
2
/
2/2 100% 2/2 100%
93 2017
2/2 100%
3
“ ”
1
2
4 www.ceair.com
2017
2017
2017 3 29 6 2016
2016 2017
2107
2016
2016 2016
2016 2016
2017 4 27 7 2017
5 B737-800
2017 2017
94 2017
2017 6 28 8
2017 8 29 9 2017
2017
2017
2017
2017 10 26 10 2017
4
2017 12 22 11 2018
2017-2019
1.
2017
2.
2016
2016 2016
2016 2016 .
3.
2017
95 2017
4.
2017
“ ”
5.
2016
2004
2006
2010
3
2017
12 31
2018 3 29
96 2017
2018 3 29
97 2017
2012
2016
12 01 16 01 16 02
122241 136789 136790
2013 3 18 2016 10 24 2016 10 24
2023 3 17
2026 10 24
2021 10 24
2026 10 24
48 15 15
5.05% 3.03% 3.30%
2017 3 20 “12 01 ” 2016 3 18 2017
3 17 2017 10 24 “16 01” “16
02” 2016 10 24 2017 10 23 2018 3
19 “12 01 ” 2017 3 18 2018 3 17
2017 3 11 10 16 2018 3 10
1508
86-21-22169498
98 2017
26 A 29
“ ”
2012 2016
2017
AAA “12
01” “16 01” “16 02” AAA
“
”
2016
http://www.shclearing.com/xxpl/cwbg/nb/201704/t20170427_251595.html
2016 2017 6 25 6
26 www.sse.com.cn 2016
2016 2012
2016
2
99 2017
:
594.65
“ ” “ ”
2017 2016 %
25,763 21,774 18.32 0.23 0.23 - 0.14 0.13 7.69
75.15% 76.15% 1.00 EBITDA 6.64 7.35 -9.66
3.17 2.68 18.28 6.31 8.67 -27.22
EBIDTA 6.48 6.31 2.69 100% 100% - 100% 100% -
100 2017
2018 3 29
2017 12 31
1 - 6
7 - 9 10 - 11 12 13 14 - 15 16 – 146 1. 147 2. 148 3. 149
1
(2018) 61056687_B01
2017 12 312017
2017 12 312017
“
”
“ ”
2
( )
(2018) 61056687_B01
( )
: :
( “”)
2017 12 312,030
25 3235
2017 12 31
2017 12 31
3
( )
(2018) 61056687_B01
( )
: :
2017 12 313,019
29 3233
2017 12 31
2017 12 31
9,028
4 32 15
2017 12 31
4
( )
(2018) 61056687_B01
( )
( )
5
( )
(2018) 61056687_B01
(1)
(2) (3) (4)
(5) ( )
(6)
()
6
( )
(2018) 61056687_B01
( )
( ) ( ) 2018 3 29
2017 12 31
7
2017 2016 2017 2016
12 31 12 31 12 31 12 31
1 4,656 1,738 3,914 1,002 2 - 11 - 11 - 30 - - 3 1 2,124 2,630 2,812 6,305 4 580 2,762 180 2,166 183 73 185 73 5 2 4,674 4,213 15,454 12,882 6 2,185 2,248 38 38 7 14 - - - 76 140 69 111 8 3,801 2,043 3,608 2,031
18,293 15,888 26,260 24,619
2 151 137 151 137 9 800 645 713 570 10 3 2,211 2,060 15,104 16,630 11 302 321 27 31 12 163,130 150,751 106,058 97,264 13 28,780 25,755 28,077 24,582 14 2,043 2,418 1,358 1,404 15 9,028 9,028 9,028 9,028 16 1,543 1,879 1,308 1,210 17 122 79 45 - 18 1,061 1,090 949 915
209,171 194,163 162,818 151,771
227,464 210,051 189,078 176,390
( )
2017 12 31
8
2017 2016 2017 2016
12 31 12 31 12 31 12 31
20 24,959 9,983 27,202 9,245 2 324 11 324 11 21 1,173 1,120 1,147 1,107 22 11,036 10,811 10,022 11,827 23 1,342 966 1,036 708 24 7,043 7,677 6,869 7,294 25 3,034 4,025 2,007 1,993 26 2,076 1,810 944 885 27 1,084 932 844 691 28 2,855 3,455 11,040 12,715 7 8 - - - 29 15,391 10,289 9,153 6,216 30 10,000 17,000 10,000 17,000
80,325 68,079 80,588 69,692
31 4,924 10,604 4,338 5,747 2 1 47 1 47 32 19,787 17,286 17,352 17,286 33 60,746 58,514 39,169 37,546 34 2,800 3,085 2,199 2,305 83 86 67 66 17 18 86 - 95 35 2,262 2,168 1,371 1,250
90,621 91,876 64,497 64,342
170,946 159,955 145,085 134,034
( )
2017 12 31
9
2017 2016 2017 2016
12 31 12 31 12 31 12 31
36 14,467 14,467 14,467 14,467 37 26,760 26,760 27,470 27,470 38 (2,540) (2,817) (1,909) (2,140) 39 540 328 540 328 40 13,879 8,448 3,425 2,231
53,106 47,186 43,993 42,356
3,412 2,910
56,518 50,096 43,993 42,356
227,464 210,051 189,078 176,390
2017
10
2017 2016 2017 2016
41 4 101,721 98,560 60,946 55,404 41 4 90,285 82,587 55,566 46,854
42 263 237 83 72 43 5,753 5,693 4,262 4,111 44 3,143 3,019 2,020 1,758 45 1,261 6,393 1,017 4,207 46 491 29 530 (11)
( )/ 47 (311) 2 (311) 2 48 5 2,054 322 1,413 654 251 187 271 191 49 37 112 65 47 50 4,941 - 2,783 -
/( ) 7,246 1,038 1,418 (884) 51 1,419 5,550 1,229 2,638 52 45 81 36 17
8,620 6,507 2,611 1,737
54 1,800 1,542 496 304
6,820 4,965 2,115 1,433
6,820 4,965 - -
6,352 4,508 468 457
( )
2017
11
2017 2016 2017 2016
124 (410) 82 (345)
10 (1) 10 (1)
115 40 104 31 35 107 35 107
284 (264) 231 (208)
38 277 (261)
38 7 (3)
7,104 4,701 2,346 1,225
6,629 4,247 475 454
( ) 55 0.44 0.33 ( ) 55 0.44 0.33
20
17
12
20
161
1
13,1
40
19
,547
(2,5
56)
18
4
4,82
2
2,51
4
37,6
51
2016
38
,40
-
-
(2
61)
-
4,
508
45
4
4,70
1
36
1,32
7
7,21
3
-
-
-
-
8,54
0
-
-
-
-
144
(1
44)
-
-
-
40
-
-
-
-
(738
)
(58)
(796
) 20
1612
3120
171
1
14,4
67
26
,760
(2,8
17)
32
8
8,44
8
2,91
0
50,0
96
2017
38,4
0
-
-
277
-
6,
352
47
5
7,10
4
-
-
-
-
-
87
87
-
39
-
-
-
212
(2
12)
-
-
-
40
-
-
-
-
(709
)
(60)
(769
)
2017
1231
14
,467
26,7
60
(2
,540
)
540
13
,879
3,41
2
56,5
18
20
17
13
2016
11
13,1
40
20
,257
(1,9
32)
18
4
1,68
0
33,3
29
2016
-
-
(2
08)
-
1,
433
1,
225
1,
327
7,
213
-
-
-
8,
540
-
-
-
-
144
(1
44)
-
-
-
-
-
-
(738
)
(738
) 20
1612
3120
171
1
14
,467
27,4
70
(2
,140
)
328
2,
231
42
,356
20
17
-
-
231
-
2,
115
2,
346
-
-
-
-
212
(2
12)
-
-
-
-
-
-
(709
)
(709
) 20
1712
31
14
,467
27,4
70
(1
,909
)
540
3,
425
43
,993
2017
14
2017 2016 2017 2016
108,331 108,013 70,270 60,768 3,103 2,937 2,997 2,436 56(a) 10,888 10,752 8,393 9,755 122,322 121,702 81,660 72,959 (68,462) (64,607) (45,660) (40,293) (21,442) (20,242) (11,719) (10,067) (3,156) (4,738) (1,893) (1,540) 56(b) (9,690) (7,222) (8,420) (10,097) (102,750) (96,809) (67,692) (61,997) 57(a) 6(a) 19,572 24,893 13,968 10,962
17 12 266 - 97 164 441 505 1,047 1,264 232 366 57(d) 1,897 - 2,433 - 56(c) 383 96 439 84 3,441 1,536 3,811 955 (24,689) (38,715) (20,930) (32,110) (64) - (423) - 56(d) - (1) - - (24,753) (38,716) (21,353) (32,110) (21,312) (37,180) (17,542) (31,155)
( )
2017
15
2017 2016 2017 2016
- 8,540 - 8,540 77,399 125,730 71,172 118,748 77,399 134,270 71,172 127,288 (57,629) (117,028) (55,291) 106,298) (4,475) (4,002) (3,637) (3,197) (60) (58) - - 56(e) (10,587) (8,606) (5,737) (4,895) (72,691) (129,636) (64,665) (114,390) 4,708 4,634 6,507 12,898
(47) 268 (27) 256
57(c) /( ) 6(b) 2,921 (7,385) 2,906 (7,039) 1,695 9,080 976 8,015
57(e) 4,616 1,695 3,882 976
2017 12 31
16
(“ ”) (“
”) 1995 466 H 1997
A 1997
( “ ”)
1 (“
”) 2018 3 29
—( “ ”)
2017 12 31 620.32
(1) 2018 (2) 2017 12 31
594.65 (3)
( )
2017 12 31
17
( ) 12
2017
1.
2017 12 31 2017
2. 1 1 12 31
3.
( )
2017 12 31
18
( )
4.
()
()
( )
( )
()
( )
( )
2017 12 31
19
( ) 5.
2017 12 31 ()
( )
2017 12 31
20
( ) 5. ( )
6.
7.
( )
2017 12 31
21
( ) 8.
“ ”
9.
(a)
()
(1) (2) “ ”
(i)(ii)
( )
2017 12 31
22
( ) 9. ( ) (a) ( )
(b)
( )
2017 12 31
23
( ) 9. ( )
(b) ( )
( )
(1)
(2)
(3)
(4)
( )
2017 12 31
24
( ) 9. ( ) (b) ( )
(c)
( )
2017 12 31
25
( ) 9. ( ) (c) ( )
( )
(1)
(2)
(3)
(4)
(d)
(e)
( )
2017 12 31
26
( ) 9. ( )
(f)
()
(g)
( )( )
[ ] ( )
( )
2017 12 31
27
( ) 9. ( )
(g) ( )
( )
“ ” “ ”
“ ” “ ”
(h)
( )
2017 12 31
28
( )
9. ( )
(h) ( )
10.
(1) (
) (2)
( )
2017 12 31
29
( )
10. ( )
()
11.
30
( )
2017 12 31
30
( )
11. ( )
12.
13.
()
( )
2017 12 31
31
( ) 13. ( ) ( )
14.
( )
2017 12 31
32
( )
14. ( )
()
15.
( )
2017 12 31
33
( ) 16.
/ /
/ / 15-20 0% 5% 4.75% 6.67% - 5-7.5 0% 13.33% 20% - 9-32 0% 3.13% 11.11% 10 0% 10.00% 8-45 3% 5% 2.11% 11.88% 3-20 3% 5% 4.85% 31.67%
( )
2017 12 31
34
( ) 17.
18.
(1) (2) (3)
(1)
(2)
3
( )
2017 12 31
35
( ) 19.
10-60 5 3
20.
5
( )
2017 12 31
36
( ) 21.
( )
2017 12 31
37
( ) 22.
(i)
(ii)
( )
2017 12 31
38
( ) 22. ( )
23. 24.
(1) (2) (3)
( )
2017 12 31
39
( ) 25.
(i)
(ii)
( )
2017 12 31
40
( )
25. ( )
(iii)
26.
()
( )
2017 12 31
41
( ) 27.
(1)
(2)
(1)
(2)
( )
2017 12 31
42
( ) 27. ( )
28.
( )
2017 12 31
43
( ) 29.
30.
(i)(ii)
(iii)
31.
( )
( )
2017 12 31
44
( ) 31. ( )
32.
( )
2017 12 31
45
( )
32. ( )
——
/
( )
2017 12 31
46
( )
32. ( )
( )
( )
( )
2017 12 31
47
( )
32. ( )
( )
25
34
( )
2017 12 31
48
( )
32. ( )
( )
/
33.
( [2017]30 )
16 ([2017]15 )
2017 1 12017 1 1 (2017 6
12 ) 2017 2016
2017 2016
42( [2017]13 )
2017 5 28
( )
2017 12 31
49
1.
25%
( ) (“ ”) 16.5% (“ ”) 15%
2011 58
2011 1 1 2020 1231 15%
70%(2012 12
)15%
2.
11% 6% 17%
2000 1026
( 2016 36 )
<( ) > ( 2014
11 )
( )
2017 12 31
50
( ) 3.
1% 5% 7%
4.
3%
5
2012 17
50 90( 20 )
6 2017
15000 45000 (8802.4010) 5% 45000
( 8802.4020) 1%
( )
2017 12 31
51
1.
2017 12 31 2016 12 31
2 3 4,568 1,695 86 40 4,656 1,738
2017 12 31 2016 12 31
35 - 51 40
86 40
2017 12 31 351(2016 12 31 185 )
7 12
2017 12 31
51 (2016 12 31 43 )
( )
2017 12 31
52
( ) 2.
2017 12 31 2016 12 31
- (a) 151 137 - (b) - 11
151 148
- (a) 14 47 - (b) 311 11
325 58
(a)
( 2(a)(ii))
(“LIBOR”)
47 (2016 166) ( 38)
(2016 2 )
2017 63(2016 122 )
2017 12 31
1,420 9,280 (2016 12 31 1,63611,352 ) 2018 2025
( )
2017 12 31
53
( ) 2. ( ) (b)
( 2(a)(i))
(2016 16 ) (38) 311
(2016 ) ( 47)
2017 177(2016 5 )
2017 12 31829 5,415 (2016 12 31 440
3,052 ) 2018 3.
2017 12 31 2016 12 31
2,212 2,745 88 115 2,124 2,630
( )
2017 12 31
54
( ) 3. ( ) (a) 2017 12 31 2016 12 31 (%) (%) (%) (%)
2,050 92.68 1 0.05 2,563 93.37 3 0.12 12 0.54 1 8.34 59 2.15 8 13.56 58 2.62 8 13.79 20 0.73 11 55.00 20 0.90 12 60.00 29 1.06 23 79.31 27 1.22 24 88.89 8 0.29 7 87.50 45 2.04 42 93.33 66 2.40 63 95.45
2,212 100.00 88 3.98 2,745 100.00 115 4.19
(b)
2017 115 6 (9) (13) (5) (6) 88
2016 216 8 (9) (100) - - 115
(c) 2017 12 31 2016 12 31 (%) (%) (%) (%)
- - - - - - - -
2,166 97.92 42 1.94 2,679 97.60 49 1.83 - 1,971 89.10 42 2.13 2,679 97.60 49 1.83 - 195 8.82 - - - - - -
46 2.08 46 100.00 66 2.40 66 100.00
2,212 100.00 88 3.98 2,745 100.00 115 4.19
( )
2017 12 31
55
( ) 3. ( ) (d) 2017 12 31 2016 12 31
(e) 2017 12 31 2016 12 31
2017 12 31 (%)
37 37 100.00 (1) 10 10 100.00
2016 12 31 (%)
59 59 100.00 (1) 7 7 100.00
(1)
(f) 2017 6 (2016 8 )
9 (2016 9 )
2017 13(2016 100 )
(g) 2017 12 31 (%)
(“ ”) 498 - 22.51
479 - 21.66 136 - 6.15 99 - 4.48 70 - 3.16
1,282 - 57.96
( )
2017 12 31
56
( ) 4. (a) 2017 12 31 2016 12 31 (%) (%)
574 98.97 2,757 99.82 5 0.86 1 0.04 1 0.17 3 0.10 - - 1 0.04
580 100.00 2,762 100.00
(b) 2017 12 31 (%)
49 8.45
(“ ”) 40 6.90
28 4.83 21 3.62 17 2.93
155 26.73
2016 12 31 (%)
2,000 72.41 98 3.55
(“ ”) 53 1.92
65 2.35 42 1.52
2,258 81.75
( )
2017 12 31
57
( )
5.
2017 12 31 2016 12 31 944 1,489 1,387 615 1,450 762 485 233 606 1,314 4,872 4,413 198 200 4,674 4,213 (a) 2017 12 31 2016 12 31 (%) (%) (%) (%)
4,063 83.40 - - 3,441 77.98 - - 134 2.75 - - 343 7.77 1 0.29 234 4.80 - - 343 7.77 1 0.29 157 3.22 1 0.64 68 1.54 7 10.29 68 1.40 7 10.29 33 0.75 19 57.58 216 4.43 190 87.96 185 4.19 172 92.97
4,872 100.00 198 4.06 4,413 100.00 200 4.53
(b)
2017 200 1 (1) - (1) (1) 198
2016 239 2 (11) (30) - - 200
( )
2017 12 31
58
( ) 5. ( ) (c) 2017 12 31 2016 12 31 (%) (%) (%) (%)
101 2.07 101 100.00 101 2.29 101 100.00
4,750 97.50 76 1.60 4,290 97.21 78 1.82
4,406 90.44 76 1.72 3,800 86.11 78 2.05 344 7.06 - - 490 11.10 - -
21 0.43 21 100.00 22 0.50 21 95.45
4,872 100.00 198 4.06 4,413 100.00 200 4.53
(d) 2017 12 31 2016 12 31
2017 12 31 (%)
- 101 101 100.00
21 21 100.00
2016 12 31 (%)
- 101 101 100.00
22 21 95.45
(e) 2017 1 (2016 2 )
1 (2016 11 )
2017 (201630 )
( )
2017 12 31
59
( ) 5. ( ) (f) 2017 12 31
(%)
1,372 - 28.16 432 - 8.87
(“ ”) 322 - 6.61
303 - 6.22 239 - 4.91
2,668 - 54.77
6.
2017 12 31 2016 12 31
2,577 2,542 110 161
29 10 2,716 2,713
531 465 2,185 2,248
2017
465 112 (1) (45) 531
2016
541 10 (86) - 465
( )
2017 12 31
60
( ) 7. /
2017 4 27(“ ”) 2017 12 29
(“ ”) 100%2018
2017 12 31
11 2
1 2
1 3
14
2 3
1 2
8
- 8.
2017 12 31 2016 12 31
3,662 1,746 139 283 - 14 3,801 2,043
( )
2017 12 31
61
( ) 9.
2017 12 31 2016 12 31 693 538 207 207 100 100 800 645
142 143 ( 38) 551 395 693 538
2017
(%) (“ ”) 35 - - 35 - - - - 10.00 19 (“ ”) 148 - - 148 100 - - 100 15.00 -
24 - - 24 - - - - 9 207 - - 207 100 - - 100 28 2016
(%) 35 - - 35 - - - - 10.00 20 148 - - 148 100 - - 100 15.00 - 27 - (27) - - - - - - 30 - (6) 24 4 - (4) - 8 240 - (33) 207 104 - (4) 100 28
2017 12 31
62
( )
10. (a)
2016 2017 12 31 12 31
(“ ”) 261 294 - - 27 (21) 300
(“ ”) 4 101 - - 12 (4) 109
(“ ”) 7 38 - - 14 (8) 44
(“ ”) 22 36 - - 2 - 38 CAE MELBOURNE FLIGHT TRAINING PTY LIMITED (“ ”) 58 55 - - (4) - 51
(“ ”) 17 - 17 - (2) - 15 369 524 17 - 49 (33) 557 2015 2016 12 31 12 31
261 286 - - 24 (16) 294 4 98 - - 13 (10) 101 7 43 - - 2 (7) 38 22 33 - - 3 - 36
58 58 - - (3) - 55 352 518 - - 39 (33) 524
( )
2017 12 31
63
( ) 10. ( ) (b)
2016 2017 12 31 12 31
(“ ”) 158 283 - - 47 - (78) 252
(“ ”) 487 593 - - 35 10 (6) 632
(“ ”) 56 85 - - 54 - (14) 125
(“ ”) 144 223 - - 46 - - 269
(“ ”) 52 55 - - 11 - (9) 57
(“ ”) 49 179 - - 23 - (28) 174
(“ ”) 21 41 - - 6 - (5) 42
149 77 47 - (20) - (1) 103 1,116 1,536 47 - 202 10 (141) 1,654
2015 2016 12 31 12 31
158 309 - - 31 - (57) 283 487 608 - - 23 (1) (37) 593
56 97 - - 9 - (21) 85 144 171 - - 52 - - 223
52 53 - - 10 - (8) 55 49 181 - - 22 - (24) 179
21 39 - - 8 - (6) 41 102 85 - - (7) - (1) 77
1,069 1,543 - - 148 (1) (154) 1,536
( )
2017 12 31
64
( ) 11.
2016 12 31 402 4 (14) 2017 12 31 392
2016 12 31 (81) (12) (2) 5 2017 12 31 (90)
2017 12 31 302 2016 12 31 321
2015 12 31 344 58 2016 12 31 402
2015 12 31 (50) (11) (20) 2016 12 31 (81)
2016 12 31 321 2015 12 31 294
2017 12 31 112 (2016 12 31119 )
( )
2017 12 31
65
( ) 12.
2016 12 31 186,557 7,197 8,324 8,201 210,279 11,504 432 276 808 13,020 15,079 - 1,019 18 16,116 - - 14 - 14 - - (4) - (4) - - - (37) (37) - - (31) 31 - (2,468) (266) (762) (756) (4,252)
(3,654) (246) (27) (331) (4,258) 2017 12 31 207,018 7,117 8,809 7,934 230,878
2016 12 31 (46,685) (4,957) (2,450) (5,199) (59,291) (12,065) (381) (298) (613) (13,357) - - (5) - (5) - - 2 - 2 - - - 28 28 - - 7 (7) - 1,127 152 387 548 2,214
2,755 219 26 228 3,228 2017 12 31 (54,868) (4,967) (2,331) (5,015) (67,181)
2016 12 31 (42) (188) - (7) (237) (301) (78) - - (379) - 36 - - 36 - - - 7 7
3 3 - - 6 2017 12 31 (340) (227) - - (567)
2017 12 31 151,810 1,923 6,478 2,919 163,130
2016 12 31 139,830 2,052 5,874 2,995 150,751
( )
2017 12 31
66
( ) 12. ( )
2015 12 31 159,917 6,668 7,993 7,486 182,064 13,226 670 5 651 14,552 16,590 - 474 328 17,392 - - (58) - (58) (3,176) (141) (90) (264) (3,671) 2016 12 31 186,557 7,197 8,324 8,201 210,279
2015 12 31 (38,834) (4,568) (2,266) (4,697) (50,365) (10,618) (496) (273) (554) (11,941) - - 20 - 20 2,767 107 69 52 2,995 2016 12 31 (46,685) (4,957) (2,450) (5,199) (59,291)
2015 12 31 (51) (211) - (7) (269) - (29) - - (29) 9 52 - - 61 2016 12 31 (42) (188) - (7) (237)
2016 12 31 139,830 2,052 5,874 2,995 150,751
2015 12 31 121,032 1,889 5,727 2,782 131,430 (a) 2017 12 31
11,207 (2016 12 31 17,559 )(31(ii))
( )
2017 12 31
67
( ) 12. ( )
(b)
2017 12 31 108,937 (22,065) - 86,872 2016 12 31 97,066 (19,910) - 77,156
(c)
2017 12 31 1,397 (2016 1231 1,455 )
13. 2017 12 31 2016 12 31
24,752 - 24,752 23,357 - 23,357 154 - 154 141 - 141 101 - 101 64 - 64 1,716 - 1,716 987 - 987
323 - 323 72 - 72 - - - 895 - 895
1,222 - 1,222 6 - 6 103 - 103 4 - 4
265 - 265 122 - 122 144 - 144 107 - 107
28,780 - 28,780 25,755 - 25,755
2017 12 31
2017 12 31
(
)
2017
1231
68
()
13.
()
(a)
2016
20
17
12
31
1231
(i)
(ii
)
11
9,35
4
23,3
57
16
,474
(15,
079)
-
-
24,7
52
813
79
3 3.
40%
+
437
14
1
13
-
-
-
15
4 10
0%
-
-
73
8
64
37
-
-
-
101
82%
-
-
3,78
4
987
72
9
-
-
-
1,71
6 45
%
-
-
1,
191
72
251
-
-
-
32
3
-
-
1,
598
89
5
67
(9
62)
-
-
-
100%
-
-
703
12
2
143
-
-
-
26
5 38
%
-
-
52
0
4
99
-
-
-
10
3 20
%
-
-
13
,191
6
1,21
6
-
-
-
1,22
2 9%
-
-
107
13
3
(75)
(4)
(1
7)
144
-
-
25,7
55
19
,162
(16,
116)
(4)
(1
7)
28,7
80
813
79
3
(i)
3(2
016
9)
1(2
016
39)
(ii
)
(
)
2017
1231
69
()
13.
()
(a)
()
2015
2016
1231
1231
(i)
(ii)
146,
376
21
,207
18,7
40
(1
6,59
0)
-
23
,357
69
7
749
3.25
%
+
42
7
113
28
-
-
141
99%
-
-
738
40
24
-
-
64
77
%
-
-
32
8
156
20
(176
)
-
- 10
0%
-
-
3,
784
61
5
372
-
-
98
7 26
%
-
-
35
2
20
16
6
(114
)
-
72
-
-
1,59
8
447
44
8
-
-
895
56%
-
-
703
11
111
-
-
12
2 17
%
-
-
52
0
1
3
-
-
4 1%
-
-
13,1
91
2
4
-
-
6
-
-
-
366
30
1
(512
)
(48)
107
-
-
22
,978
20,2
17
(1
7,39
2)
(4
8)
25
,755
69
7
749
( )
2017 12 31
70
( ) 14. 2017 *
2016 12 31 2,686 813 43 98 3,640 7 126 - - 133 - 3 - - 3 (557) (35) (43) - (635)
(4) (3) - - (7)
2017 12 31 2,132 904 - 98 3,134
2016 12 31 (649) (525) (16) (32) (1,222) (46) (109) (33) (188) 280 21 16 - 317
- 2 - - 2
2017 12 31 (415) (611) - (65) (1,091)
2017 12 31 1,717 293 - 33 2,043 2016 12 31 2,037 288 27 66 2,418
2016 *
2015 12 31 2,656 680 43 - 3,379 86 124 - 98 308 - 9 - - 9 (56) - - - (56) 2016 12 31 2,686 813 43 98 3,640
2015 12 31 (590) (428) (15) - (1,033) (62) (97) (1) (32) (192) 3 - - - 3 2016 12 31 (649) (525) (16) (32) (1,222)
2016 12 31 2,037 288 27 66 2,418 2015 12 31 2,066 252 28 - 2,346
*
( )
2017 12 31
71
( ) 15.
2017 12 31 2016 12 31(“ ” )
11% (2016 11%)5 3% (2016 3%)
—
—
16.
2016 2017 12 31 12 31
1,182 365 259 - 1,288 139 48 45 2 140 2 - 2 - -
426 - 2 424 - 130 79 94 - 115
1,879 492 402 426 1,543
( )
2017 12 31
72
( ) 16. ( )
2015 2016 12 31 12 31
1,243 201 262 1,182 68 104 33 139 3 - 1 2
450 - 24 426 140 64 74 130
1,904 369 394 1,879
17. / 2017 12 31 2016 12 31
29 116 88 352 244 976 128 512
82 325 15 58
5 32 7 46
360 1,449 238 968 2017 12 31 2016 12 31
56 224 85 340
38 151 37 148
162 648 123 492 256 1,023 245 980
( )
2017 12 31
73
( ) 17. / ( )
2017 12 31 2016 12 31 238 122 159 79 238 18 159 86 (a)
2017 12 31 2016 12 31 27 128 167 1,637 194 1,765 (b)
2017 12 31 2016 12 31
2017 - 555 2018 1 636 2019 4 343 2020 19 54 2021 35 49 2022 108 - 167 1,637 18.
2017 12 31 2016 12 31 65 83 217 285 358 299 421 423 1,061 1,090
( )
2017 12 31
74
( ) 19.
2017 /
315 7 (10) (13) (6) (7) 286 115 6 (9) (13) (5) (6) 88
200 1 (1) - (1) (1) 198 465 112 - (1) (45) - 531
100 - - - - - 100 237 379 - (13) (36) - 567
305 - - - - - 305 1,422 498 (10) (27) (87) (7) 1,789
2016 /
455 10 (20) (130) 315 216 8 (9) (100) 115
239 2 (11) (30) 200 541 10 - (86) 465
33 - - (33) - 104 - - (4) 100
269 29 - (61) 237 305 - - - 305
1,707 49 (20) (314) 1,422
20.
2017 12 31 2016 12 31 23,062 5,983 1,897 4,000 24,959 9,983 2017 12 31 0.70% 4.35%(2016 12 31
1.49% 4.35%) 2017 12 31 (2016 12 31
)
( )
2017 12 31
75
( ) 21.
2017 12 31 2016 12 31
1,173 1,120
2017 12 31 (2016 12 31 )
22.
2017 12 31 2016 12 31
2,814 2,634 1,932 1,715
1,380 1,995 1,183 1,305
739 767 425 538
705 172 1,858 1,685
11,036 10,811
23.
2017 12 31 2016 12 31
194 189 655 602
493 175
1,342 966 2017 12 31 (2016 12 31
)
( )
2017 12 31
76
( ) 24.
2017 12 312
25.
2016 2017 12 31 12 31
3,912 18,648 19,469 215 2,876 3,596 15,779 16,678 116 2,581
50 133 167 10 6 17 663 652 4 24 1 54 53 - 2 1 62 59 - 4 60 886 874 3 69
86 371 398 2 57 101 700 588 80 133
113 2,029 1,973 11 158 57 1,512 1,457 6 106
12 42 47 1 6 44 475 469 4 46
4,025 20,677 21,442 226 3,034
2015 2016 12 31 12 31
3,889 18,430 18,407 3,912 3,355 15,880 15,639 3,596
51 235 236 50 13 606 602 17 - 47 46 1 1 49 49 1 59 868 867 60
118 256 288 86 292 489 680 101
109 1,839 1,835 113 64 1,330 1,337 57
8 70 66 12 37 439 432 44
3,998 20,269 20,242 4,025
2017 2016 5%
( )
2017 12 31
77
( ) 26.
2017 12 31 2016 12 31
1,190 1,184 593 304 128 136 56 53 15 9 94 124 2,076 1,810 27.
2017 12 31 2016 12 31 446 389 140 152 138 40 ( 32) 360 351 1,084 932 28.
2017 12 31 2016 12 31 549 764 413 448 503 474 389 290 1,001 1,479 2,855 3,455
2017 12 31 1,829(2016 12 31 1,359 )
363
( )
2017 12 31
78
( ) 29.
2017 12 31 2016 12 31 ( 31) 4,131 1,859 ( 33) 10,552 7,805 ( 35(a)) 489 385 ( 34) 219 188 - 52
15,391 10,289 30.
2017 12 31 2016 12 31 10,000 17,000
2017 12 31
2017 2017 8 21 2018 5 18 3,000 4.16% 2017 2017 8 22 2018 1 19 3,000 4.25% 2017 2017 9 12 2018 3 10 2,000 4.25% 2017 2017 9 26 2018 3 24 2,000 4.20% 10,000
2016 12 31
2016 2016 4 20 2017 1 15 3,000 2.80% 2016 2016 6 8 2017 3 5 2,000 2.80% 2016 2016 9 21 2017 6 18 3,000 2.58% 2016 2016 10 20 2017 7 17 3,000 2.50% 2016 2016 11 2 2017 4 27 2,000 2.81% 2016 2016 11 8 2017 5 5 2,000 2.81% 2016 2016 11 10 2017 5 9 2,000 2.81% 17,000
( )
2017 12 31
79
( ) 31.
2017 12 31 2016 12 31
103 418 (i) 3,109 3,152 (ii) 5,843 8,893 9,055 12,463 50 98 3,053 37 1,028 1,724
4,131 1,859
4,924 10,604
(i) 2017 12 31
(ii) 2017 12 31 5,843 (2016
12 31 8,893 ) 11,207(2016 12 31 17,559 )
2018 1 1 2026 5 20 (a) ( )
2017 2016 1,020 4,833 2,317 3,784 1,587 1,987 4,924 10,604 (b) 2017 12 31 0.17% 4.69%(2016 12 31
0.16% 5.07%)
( )
2017 12 31
80
( ) 32.
2017 12 31 2016 12 31 19,787 17,286 2017 12 31 ( )
(i) 2013 3 18 10 4,800 5.05% (ii) 2016 6 15 3 3,000 3.15% (ii) 2016 7 14 5 4,000 3.39% (ii) 2016 7 20 3 1,500 3.00%
(iv) 2016 9 28 3 55,000 2.05% (iv) 2016 9 28 3 120,000 2.85%
(v) 2016 10 24 10(5+5) 1,500 3.03% (v) 2016 10 24 10 1,500 3.30%
(iii) 2017 11 16 3 500 2.80%
2016 12 31 ( )
(i) 2013 3 18 10 4,800 5.05% (ii) 2016 6 15 3 3,000 3.15% (ii) 2016 7 14 5 4,000 3.39% (ii) 2016 7 20 3 1,500 3.00%
(iv) 2016 9 28 3 55,000 2.05% (iv) 2016 9 28 3 120,000 2.85%
(v) 2016 10 24 10(5+5) 1,500 3.03% (v) 2016 10 24 10 1,500 3.30%
2017 12 31 ( ) 2016 2017 12 31 12 31
345 613 (612) 346 6 24 (25) 5
- 9 - 9 351 646 (637) 360
( )
2017 12 31
81
( ) 32. ( ) 2016 12 31 ( ) 2015 2016 12 31 12 31
243 494 (392) 345 - 6 - 6
243 500 (392) 351
(i)
(ii)
(iii)
(iv) 1,200
550
(v) 15
10(5+5)15 10
( )
2017 12 31
82
( )
33.
2017 12 31 2016 12 31 (a) 66,868 61,041 3,019 3,670 1,411 1,608 71,298 66,319 9,241 6,447 981 1,175 330 183 10,552 7,805 60,746 58,514 (a)
2017 2016 61,041 52,399 19,185 13,931 10,587 8,606
409 - (2,362) 3,317 66,868 61,041
10 15 2017 12 311.34% 4.90%(2016 12 31 0.45% 4.9%)
( )
2017 12 31
83
( ) 34.
2017 12 31 2016 12 31 2,670 3,063 166 - 183 210 3,019 3,273
( 29) 219 188 2,800 3,085
2017 12 31
(a) 2017 12 31 2016 12 31 (%) 4.10 3.50 (%) 2.50 2.50 (%) 6.50 6.50 2010-2013 2010-2013 CL5 CL6 CL5 CL6
( )
2017 12 31
84
( ) 34. ( )
(b) 2017 12 31 2016 12 31
2017 12 31 % /( ) % /( ) 0.25 (73) 0.25 77 1.00 283 1.00 (240) 1.00 40 1.00 (34) 2016 12 31 % /( ) % /( ) 0.25 (95) 0.25 100 1.00 325 1.00 (275) 1.00 46 1.00 (38)
(c)
2017 2016 98 88 98 88
( )
2017 12 31
85
( )
34. ( ) (d)
2017 2016
3,063 2,750 98 88 (124) 410 (200) (185)
(167) - 2,670 3,063 (e)
2017 2016
168 173 679 706 851 894 3,049 3,342
4,747 5,115
13 (2016 12 31 13.5)
( )
2017 12 31
86
( )
34. ( )
2017
- 216
26 (56)
(20)
166 41
125
35.
2017 12 31 2016 12 31
(a) 1,541 1,365 129 58
152 166 440 579
2,262 2,168
( )
2017 12 31
87
( ) 35. ( )
(a)
2017
1,750 1,124 / (844)
2,030 ( 29) (489)
1,541
36.
2017 2016 2017 12 31 12 31
(A ) (b) 699 - (699) -
(b) 628 - (628) - 1,327 - (1,327) -
(A ) (b) 8,481 - 1,327 9,808
(H ) 4,659 - - 4,659
13,140 - 1,327 14,467
14,467 - - 14,467
( )
2017 12 31
88
( ) 36. ( )
2016 2015 2016 12 31 12 31
(A ) 699 699 (699) 699
(a) 242 - (242) - (a)(b) 457 699 (457) 699
(b) - 628 - 628 - (H ) (a) 699 - (699) -
1,398 1,327 (1,398) 1,327
(A ) (a) 7,782 - 699 8,481
(H )(a) 3,960 - 699 4,659
11,742 - 1,398 13,140
13,140 1,327 - 14,467
(a) 2016 4 18 2016 6 22
(b) 2016 6 6.44
48,540 1,327
7,213 A 122017 7 3( ) (2016) 61056687_B02
( )
2017 12 31
89
( ) 37. 2016 2017 12 31 12 31
26,552 - - 26,552
208 - - 208
26,760 - - 26,760
2015 2016 12 31 12 31
36(b)
19,339 7,213 - 26,552
208 - - 208
19,547 7,213 - 26,760 38.
2016 2016 2017 1 1 12 31 12 31
(2,903) (403) (3,306) 122 (3,184)
153 (1) 152 10 162 245 36 281 110 391 (51) 107 56 35 91 347 142 489 155 644 (2,556) (261) (2,817) 277 (2,540)
( )
2017 12 31
90
( ) 38. ( )
2017
124 - - 122 2
10 - - 10 -
156 2 39 110 5
47 - 12 35 - 337 2 51 277 7
2016
(410) - - (403) (7)
(1) - - (1) -
100 - 60 36 4
143 - 36 107 - (168) - 96 (261) (3)
( )
2017 12 31
91
( ) 39. 2016 2017 12 31 12 31
328 212 - 540
10%
50% 40.
2017 2016
8,448 4,822 6,352 4,508 212 144 709 738 13,879 8,448
2017 3 2016
2016 0.049 ( )14,467,585,682 7.09 ( )
2016 2017 8 10
41.
2017 2016
96,753 91,064 4,968 7,496 101,721 98,560 86,384 76,527 3,901 6,060 90,285 82,587
( )
2017 12 31
92
( )
41. ( ) (a)
2017 2016
90,812 83,253 3,621 5,948 2,320 1,863 96,753 91,064
2017 2016 62,744 56,055 30,432 31,493 3,577 3,516 96,753 91,064 (b)
2017 2016
1,323 991 2,850 2,232 2,322 2,096 3,113 2,919
1,323 814 1,533 909 4,968 3,901 7,496 6,060
( )
2017 12 31
93
( )
42.
2017 2016 97 89 69 64
49 49 26 11 - 9 22 15 263 237
2016 22 < >“ ” “ ”
2017 1 12 2016 4 12
43.
2017 2016 1,598 1,651 1,372 1,429 1,504 1,316 585 510 95 94 33 45 566 648 5,753 5,693
( )
2017 12 31
94
( ) 44.
2017 2016 1,996 1,985 237 211 188 192 90 73 55 45 26 25 551 488 3,143 3,019 45.
2017 2016 3,977 3,447 98 88 ( 13) 793 718
(2,001) 3,574 ( 13) - 31 111 96 189 217 1,261 6,393 46.
2017 2016 3 - 379 29 (3) (10) 112 10 491 29
( )
2017 12 31
95
( ) 47. ( )/
2017 2016
( 2(a)) - 2 ( 2(b)) (311) -
(311) 2 48.
2017 2016 251 187 12 12
( ) 1,754 - 4 95 33 28 2,054 322 49. 2017 2017 2016 33 112 33 4 - 4 37 112 37
( )
2017 12 31
96
( ) 50. 2017 (a) 3,884 - (b) 295 - (c) 762 346 4,941 346 (a)
(b) (c)
2017 /
416 10 (i) 171 165 762
(i) 2000 1026
( )
2017 12 31
97
( ) 51. 2017 2017 2016 - 3,196 - - 400 - - 935 -
754 353 - 3 24 3 271 228 - 391 414 391 1,419 5,550 394 52. 2017 2017 2016 22 59 22 23 22 23 45 81 45
( )
2017 12 31
98
( ) 53.
2017 2016 25,131 19,626 20,320 18,145 13,357 11,941 13,254 12,279 5,346 4,960 4,318 4,779 3,090 2,862 2,080 1,945 1,504 1,316 1,372 1,429 836 868 585 510 471 1,815 402 394 188 192 12 11 6,915 8,227 99,181 91,299
( )
2017 12 31
99
( ) 54.
2017 2016 1,962 1,396 (162) 146 1,800 1,542
2017 2016
8,620 6,507 25% (2016 25%)
2,155 1,627 (87) (102) (76) (47) (269) (64) 50 19 38 117 (11) (8)
1,800 1,542
( )
2017 12 31
100
( ) 55.
2017 2016 6,352 4,508 14,467 13,804 ( / ) 0.4391 0.3266
2017 (2016 ) 56. (a)
2017 2016 6,100 5,954 4,221 4,100 158 75 409 623 10,888 10,752 (b)
2017 2016 6,097 5,844 189 217 3,404 1,161 9,690 7,222
( )
2017 12 31
101
( )
56. ( ) (c)
2017 2016 269 - 114 96 383 96 (d)
2017 2016 - 1 (e)
2017 2016 10,587 8,606
( )
2017 12 31
102
( ) 57. (a)
2017 2016
6,820 4,965 491 29
13,357 11,941 12 11 188 192 402 394 (18) (77) /( ) 311 (2) 695 5,791 (2,054) (322) ( )/ (133) 154 (29) (8) (109) (202) (215) (614) (146) 2,641
19,572 24,893
( )
2017 12 31
103
( ) 57. ( ) (b)
2017 2016
6,865 8,838 (c)
2017 2016 4,616 1,695 1,695 9,080 /( ) 2,921 (7,385)
(d) ( ) 2017 2016
2,433 - 536 - 1,897 -
(e)
2017 2016 2 3 4,614 1,692 4,616 1,695
( )
2017 12 31
104
( ) 58.
2017 12 31 2016 12 31
147 6.5342 961 101 6.9370 702 121 0.8359 101 34 0.8945 31 1,664 0.0579 96 251 0.0596 15 9 7.8023 74 5 7.3068 39
6 4.8831 28 2 4.7988 8 106 86
1,366 881
5 6.5342 31 11 6.9370 79 2,623 0.0061 16 3,850 0.0058 27
3 4.8831 16 2 4.7988 8 - 7.8023 3 14 7.3068 99 52 22
118 235
151 6.5342 989 216 6.9370 1,496 21,444 0.0061 131 21,713 0.0058 125 225 0.0579 13 134 0.0596 8 24 7
1,157 1,636
( )
43 6.5342 282 59 6.9370 407
850 6.5342 5,552 430 6.9370 2,983 115 7.8023 897 - -
6,449 2,983
( )
2017 12 31
105
( ) 58. ( )
2017 12 31 2016 12 31
5 6.5342 35 5 6.9370 35 4 11
39 46
12 6.5342 76 13 6.9370 88 18 0.8359 15 22 0.8945 20
1 4.8831 6 2 4.7988 8 34 35
131 151
( )
307 6.5342 2,003 716 6.9370 4,970 516 7.8023 4,024 577 7.3068 4,215
6,027 9,185
175,000 0.0061 1,058 175,000 0.0058 1,008 500 4.8831 2,435 - -
3,493 1,008
( )
4,477 6.5342 29,254 6,475 6.9370 44,913 128 4.8831 627 154 4.7995 739
808 0.8359 675 939 0.8945 840 4,566 0.0579 264 5,473 0.0596 326
30,820 46,818
( )
2017 12 31
106
100% 100% 2016 11 29
100% 20172017 2 8 2017 2
8 2017 2 1
2017 2 1 2016 12 31
2,363 2,344
2,771 2,786 (3,353) (3,389)
(1,189) (1,194) 592 547
87 90
1,754
2,433 2017 1 1 2 1
498 439 45
( )
2017 12 31
107
1. (a)
(“ ”) 2,000
(“ ”) 694
(“ ”) 500
( ) (“ ”) (i) 3,000
(“ ”) (i) 1,150
(“ ”) 70
(“ ”) 50
(“ ”) 3,662 ( )
(“ ”) 280
(“ ”) 1,320
(“ ”) 498 (“ ”) 4,300
50 (“ ”)
(i) 2017 2 8
(b)
(“ ”) 1,750
( ) (“ ”) 50
( )
2017 12 31
108
( )
1. ( ) (c)
2017 12 31 2016 12 31
37.44% 37.44% 9.64% 9.64% 40.00% 40.00% - 17.00%
2017 2016 216 191 67 75 178 173 3 29
2017 2016 37 56 22 -
2017 12 31 2016 12 31 1,416 1,236 641 574 1,393 1,249 - (105)
( )
2017 12 31
109
( )
1. ( ) (c) ( )
2017 8,257 8,939 4,289 507 577 695 446 45 580 695 461 45 1,124 1,230 79 - 9,313 16,171 7,047 - 10,437 17,401 7,126 - 2,260 4,471 1,576 - 4,395 6,282 2,067 - 6,655 10,753 3,643 - 1,491 1,230 846 -
( )
2017 12 31
110
( )
1. ( ) (c) ( )
2016 7,300 9,054 3,706 3,719 511 774 433 172 503 774 438 157 1,260 990 79 1,595 8,163 16,153 6,108 1,525 9,423 17,143 6,187 3,120 1,971 3,056 1,216 2,834 4,149 8,134 1,849 889 6,120 11,190 3,065 3,723 1,937 3,178 (196) 279
( )
2017 12 31
111
( )
2.
(%)
73 51.00
2 40.00 10 41.00
30 50.00
11 50.00 40 50.00
350 45.00 2,000 25.00
80 45.00 40 51.00
167 20.00 200 45.00
7 35.00
2017 2016 557 524 49 39 - - 49 39
( )
2017 12 31
112
( )
2. ( )
2017 2016 1,654 1,536 202 148 10 (1) 212 147
1.
2017 12 31
- 4,656 - 4,656 151 - - 151 - 2,124 - 2,124 - 3,730 - 3,730 - 183 - 183 - - 800 800 ( ) - 293 - 293 151 10,986 800 11,937
( )
2017 12 31
113
( )
1. ( ) ( )
( )
2016 12 31
- 1,738 - 1,738 148 - - 148 - 30 - 30 - 2,630 - 2,630 - 2,724 - 2,724 - 73 - 73 - - 645 645 ( ) - 425 - 425
148 7,620 645 8,413
2017 12 31
24,959 - 24,959 - 325 325 1,173 - 1,173 11,036 - 11,036 2,855 - 2,855 1,084 - 1,084 10,000 - 10,000 ( ) 9,055 - 9,055 19,787 - 19,787 ( ) 66,868 - 66,868 146,817 325 147,142
( )
2017 12 31
114
( )
1. ( ) ( )
( ) 2016 12 31
9,983 - 9,983 - 58 58 1,120 - 1,120 10,811 - 10,811 3,455 - 3,455 932 - 932 17,000 - 17,000 ( ) 12,463 - 12,463 17,286 - 17,286 ( ) 61,041 - 61,041 134,091 58 134,149
2.
(
)
( )
2017 12 31
115
( )
2. ( )
(a) (i)
2(b)
582(b)
1%
2017 2016 2017 2016
(260) 260 (377) 377 41 (41) 23 (23) (36) 36 (31) 31 - - - -
(23) 23 (6) 6 - - - - (7) 7 (6) 6 - - - -
( )
2017 12 31
116
( )
2. ( ) (a) ( ) (ii)
2(a)
25
2017 2016 2017 2016
142 (142) 140 (140) (17) 17 (21) 21
( )
2017 12 31
117
( )
2. ( ) (b)
“ ”(BSP)BSP
( )
2017 12 31
118
( )
2. ( )
(c)
2017 12 31
25,855 - - 25,855 324 1 - 325 11,036 - - 11,036
2,855 - - 2,855 1,173 - - 1,173 1,084 - - 1,084
10,228 - - 10,228 ( ) 4,272 3,420 1,592 9,284 ( ) 705 14,066 8,422 23,193
11,651 38,303 30,196 80,150 69,183 55,917 40,210 165,183
( )
2017 12 31
119
( ) 2. ( ) (c) ( )
2016 12 31
10,244 - - 10,244 11 41 6 58 10,811 - - 10,811
3,455 - - 3,455 1,120 - - 1,120 932 - - 932
17,299 - - 17,299 ( ) 2,083 8,906 2,053 13,042 ( ) 636 11,725 8,760 21,121
8,123 29,431 33,277 70,831 54,714 50,103 44,096 148,913
(d)
5% 12.57 (20169.81 )
3.
2017
( )
2017 12 31
120
( ) 3. ( )
2017 12 31 2016 12 31
2017 12 31 2016 12 31
170,946 159,955 227,464 210,051
75% 76%
1. 2016 2017 12 31 /( ) 12 31
- 148 - - 3 - - 151
538 (3) - 158 - - 693 686 (3) - 161 - - 844
- 58 - 311 (44) - - 325
2015 2016 12 31 /( ) 12 31
- 45 - - 103 - - 148
316 122 - 100 - - 538 361 122 - 203 - - 686
- 101 - (2) (41) - - 58
( )
2017 12 31
121
( ) 1. ( ) ( )
2017 12 31
2017 12 31 ( ) ( ) ( ) - 151 - 151 - - - - 693 - - 693 693 151 - 844 - 14 - 14 - 311 - 311 - 325 - 325
( )
2017 12 31
122
( ) 1. ( ) ( ) 2016 12 31 ( ) ( ) ( ) - 137 - 137 - 11 - 11 538 - - 538 538 148 - 686 - 47 - 47 - 11 - 11 - 58 - 58
A H
2017 12 29
( )
2017 12 31
123
( ) 2.
2017 12 31 2016 12 31 2017 12 31 2016 12 31
217 285 193 258
2017 12 31 2016 12 31 2017 12 31 2016 12 31
4,924 10,604 4,922 10,220 19,787 17,286 18,890 17,855
57,627 54,594 57,352 50,408 82,338 82,484 81,164 78,483
( )
2017 12 31
124
1. (a)
16,800
(b)
2017 12 31 2016 12 31 35.06% 21.31% 56.37% 35.06% 21.31% 56.37% 2. 1 3. 2 4.
(“ ”) (“ ”)
(“ ”) ( )
(“ ”)
( )
2017 12 31
125
( ) 4. ( ) (“ ”) (“ ”) (“ ”)
(“ ”) Air France KLM (“ ”)
2017 2 1
5. (a)
2017 2016
(i) 1,254 1,054 72 51
58 50 1,384 1,155
0.1% 2% 145 105
2,538 2,049
276 252
152 176
60 84 3,026 2,561
( )
2017 12 31
126
( ) 5. ( ) (a) ( )
2017 2016
( ) 22 21
23 36
44 79
62 30
53 11 115 41
68 86
75 59
104 91
87 72
551 590
138 68
117 -
7 -
281 -
9 -
98 -
399 -
( )
2017 12 31
127
( ) 5. ( ) (a) ( )
2017 2016
15 17
- 15
100 -
622 -
(ii) 29 23
(ii) 2 10 (ii) 1 1
3 11 (i) /
(ii) / /
( )
2017 12 31
128
( ) 5. ( ) (b)
1,000 3.480% 2017 1 13 2017 1 18 1,000 3.480% 2017 1 19 2017 1 22 175 3.045% 2017 3 21 2017 3 21 39 3.045% 2017 3 21 2017 3 26 139 3.045% 2017 3 21 2017 3 27 39 3.045% 2017 3 23 2017 3 27 62 3.045% 2017 3 24 2017 3 27 631 3.045% 2017 1 13 2017 1 18 24 3.045% 2017 1 16 2017 1 18 188 3.045% 2017 1 17 2017 1 18 254 3.045% 2017 1 18 2017 1 18 59 3.045% 2017 1 20 2017 1 21 125 3.045% 2017 1 20 2017 1 25 7 3.045% 2017 1 23 2017 1 25 221 3.045% 2017 1 24 2017 1 25 138 3.045% 2017 1 25 2017 1 25 207 3.045% 2017 3 1 2017 3 1 4,308 (c)
36 2672015 1 1 2019 12 31 2017
54 (2016 54 )
2017 8 105 380,000 /
2017 8 21 2029 12 142017 25
( )
2017 12 31
129
( ) 5. ( ) (c) ( )
2016 4 28 2017-201928
2016 96 2027 6 28 2017 1,997
(d)
(“ ”)
(“ ”)
808 2017 12 31269
(e)
2017 2016
9 6
( )
2017 12 31
130
( ) 6.
2017 12 31 2016 12 31
* 194 - 1 - 195 -
14 - - 16 135 57
28 - 5 -
182 73
43 53
322 483 2 2 9 - 10 - 1 5
344 490
* (“ ”) 2017 1 1
117
( )
2017 12 31
131
( ) 6. ( )
2017 12 31 2016 12 31
51 315 551 963 40 179 578 249 50 68 106 74 16 26 1 2 155 221 2 18 25 39 9 18 316 368 - 5
1,900 2,545
269 -
151 85 2 10 1 24 - 75 25 23 4 4
183 221
11,934 5,521
( )
2017 12 31
132
( ) 7.
2017 2016 2017 2016 12 31 12 31
0.35% 0.35% 4,053 1,296
3.48% 3.48% 28 28 8. 4,800 2013 3 18 2023 3 18 1,500 2016 10 24 2026 10 24 1,500 2016 10 24 2026 10 24
1.
2017 12 31 2016 12 31
94,602 132,569 208 140 94,810 132,709
2.
2017 12 31
( )
2017 12 31
133
2018 1 19 67
67 Special Purpose Vehicle SPVSPV 10 67
67SPV 98 2018 2 82018 2018 2 2
2018 3 19100 0.33%
2021 3 16 200 0.64% 2021 3 16200 0.64% 2021 3 16
2018 3 29 2017
2017 0.051 ( )14,467,585,682 7.40 ( )
2017
1. (a)
2017 12 31 2016 12 31
3,380 4,176 9,991 11,376 7,565 8,337
20,936 23,889
( )
2017 12 31
134
( ) 1. (b)
2017 12 31 2016 12 31
11,651 8,123 38,303 29,431 30,196 33,277
80,150 70,831
2.
2
(
)
2017
1231
135
(
) 2.
(
)
(a)
(i)
20
17
20
16
20
17
20
16
20
17
20
16
20
17
20
16
20
17
20
16
97
,698
94,3
38
4,
023
4,
222
-
-
-
-
10
1,72
1
98,5
60
-
-
1,01
8
782
(1
,018
)
(782
)
-
-
-
-
2,
309
10
0
(96)
10
0
(101
)
(104
)
-
-
2,11
2
96
3,08
0
2,55
3
205
28
0
(101
)
(104
)
-
-
3,18
4
2,72
9
48
9
22
2
7
-
-
-
-
49
1
29
13,7
69
12
,378
190
16
0
-
-
-
-
13,9
59
12
,538
6,
517
5,
788
36
3
397
-
-
1,
740
32
2
8,62
0
6,50
7
216,
591
20
5,02
4
13,3
76
11
,218
(5,5
14)
(8
,896
)
3,01
1
2,70
5
227,
464
21
0,05
1
16
5,14
8
159,
437
11
,301
9,37
3
(5,5
14)
(8
,896
)
11
41
170,
946
15
9,95
5 (ii
)
32,1
49
34
,631
657
77
6
-
-
-
-
32,8
06
35
,407
(i)
(ii)
( )
2017 12 31
136
( ) 2. ( ) (b)
2017 12 31 2016 12 31
67,712 63,551 30,432 31,493
3,577 3,516 101,721 98,560
( )
2017 10% (2016 )
1. 2017 12 31 2016 12 31
2,876 6,390 64 85
2,812 6,305
( )
2017 12 31
137
( )
1. ( )
(a) 2017 12 31 2016 12 31 (%) (%) (%) (%)
2,780 96.66 - - 6,288 98.40 - - 25 0.87 1 4.00 16 0.25 1 6.25 15 0.52 7 46.67 10 0.16 8 80.00 10 0.35 10 100.00 23 0.36 23 100.00 10 0.35 10 100.00 5 0.08 5 100.00 36 1.25 36 100.00 48 0.75 48 100.00
2,876 100.00 64 2.23 6,390 100.00 85 1.33
(b) 2017 12 31 2016 12 31 (%) (%) (%) (%)
2,840 98.75 28 0.99 6,335 99.14 30 0.47 - 1,301 45.24 28 2.15 1,382 21.63 30 2.17 - 1,539 53.51 - - 4,953 77.51 - -
36 1.25 36 100.00 55 0.86 55 100.00
2,876 100.00 64 1.25 6,390 100.00 85 1.33
( )
2017 12 31
138
( )
1. ( )
(c) 2017 12 31 2016 12 31
2017 12 31 (%)
37 37 100.00 (1)
2016 12 31 (%)
55 55 100.00 (1)
(1)
(d)
2017 2016 12 31 12 31
46 295 381 3,039 - 1,619 1,111 -
1,538 4,953
( )
2017 12 31
139
( )
2. 2017 12 31 2016 12 31
944 1,483 1,387 573 574 223
453 170 12,255 10,592
15,613 13,041
159 159 15,454 12,882
(a) 2017 12 31 2016 12 31 (%) (%) (%) (%)
14,882 95.32 - - 11,788 90.40 - - 114 0.73 - - 684 5.24 - - 225 1.44 - - 331 2.54 1 0.30 154 0.99 1 0.64 57 0.44 6 10.53 57 0.36 6 10.53 28 0.21 13 46.43 181 1.16 152 83.98 153 1.17 139 90.85
15,613 100.00 159 1.02 13,041 100.00 159 1.22
( )
2017 12 31
140
( )
2. ( ) (b) 2017 12 31 2016 12 31 (%) (%) (%) (%)
101 0.65 101 100.00 101 0.77 101 100.00
15,512 99.35 58 0.37 12,940 99.23 58 0.45 - 3,398 21.76 58 1.71 2,843 21.80 58 2.04 - 12,114 77.59 - - 10,097 77.43 - -
- - - - - - - -
15,613 100.00 159 1.02 13,041 100.00 159 1.22
(c) 2017 12 31 2016 12 31
2017 12 31 (%)
- 101 101 100.00
2016 12 31 (%)
- 101 101 100.00
(d) 2017 (2016 11 )
2017 (201628 )
( )
2017 12 31
141
( )
2. ( ) (e)
2017 2016 12 31 12 31
5,266 4,682 76 3,470
637 484 614 468
283 385 666 370
- 75 309 39 72 26
5 5
- 14 156 79
8,084 10,097
3.
2017 12 31 2016 12 31
(a) 12,978 14,642 (b) 506 469 (c) 1,620 1,519
15,104 16,630
2017 12 31
( )
2017 12 31
142
( ) 3. ( ) (a)
2016 2017 12 31 12 31 (%) (%)
1,441 - - 1,441 62.56 62.56 63 1,708 - - 1,708 60.00 60.00 78
701 - - 701 100.00 100.00 205 500 - - 500 100.00 100.00 - 1,670 - 1,670 - 100.00 - -
50 - - 50 100.00 100.00 3 2,380 - - 2,380 90.36 90.36 - 230 - - 230 100.00 100.00 -
1,285 - - 1,285 100.00 100.00 - 75 - - 75 100.00 100.00 -
118 - - 118 100.00 100.00 -
498 - - 498 100.00 100.00 - 3,888 - - 3,888 100.00 100.00 - 50 - - 50 100.00 100.00 -
48 243 237 54 - 14,642 243 1,907 12,978 349
2015 2016 12 31 12 31 (%) (%)
1,441 - - 1,441 62.56 62.56 94 1,708 - - 1,708 60.00 60.00 -
701 - - 701 100.00 100.00 236 500 - - 500 100.00 100.00 - 1,670 - - 1,670 100.00 100.00 -
50 - - 50 100.00 100.00 12 2,380 - - 2,380 90.36 90.36 - 230 - - 230 100.00 100.00 -
1,285 - - 1,285 100.00 100.00 - 75 - - 75 100.00 100.00 -
118 - - 118 100.00 100.00 -
498 - - 498 100.00 100.00 - 3,888 - - 3,888 100.00 100.00 - 50 - - 50 100.00 100.00 -
48 - - 48 - 14,642 - - 14,642 342
( )
2017 12 31
143
( )
3. ( ) (b)
2016 2017 12 31 12 31
294 - - 27 (21) 300 101 - - 12 (4) 109 38 - - 14 (8) 44 36 - - 2 - 38
- 17 - (2) - 15 469 17 - 53 (33) 506
2015 2016 12 31 12 31
286 - - 24 (16) 294 98 - - 13 (10) 101 43 - - 2 (7) 38 33 - - 3 - 36
460 - - 42 (33) 469 (i)
(c)
2016 2017 12 31 12 31
283 - - 47 - (78) 252 593 - - 35 10 (6) 632
85 - - 54 - (14) 125 223 - - 46 - - 269
55 - - 11 - (9) 57 179 - - 23 - (28) 174
41 - - 6 - (5) 42 60 14 - (4) - (1) 69
1,519 14 - 218 10 (141) 1,620
( )
2017 12 31
144
( )
3. ( ) (c) ( )
2015 2016 12 31 12 31
309 - - 31 - (57) 283 608 - - 23 (1) (37) 593
97 - - 9 - (21) 85 171 - - 52 - - 223
53 - - 10 - (8) 55 181 - - 22 - (24) 179
39 - - 8 - (6) 41 67 - - (6) - (1) 60
1,525 - - 149 (1) (154) 1,519
(i) 2008
51%
4.
2017 2016
58,086 52,952 2,860 2,452
60,946 55,404
2017 2016
53,911 45,392 1,655 1,462
55,566 46,854
( )
2017 12 31
145
( )
4. ( ) (a)
(b)
2017 2016
1,283 937 1,148 843
464 423 422 381 1,113 295 882 238
2,860 1,655 2,452 1,462
5.
2017 2016
270 191 349 342
- -
31 26 763 -
- 95 1,413 654
( )
2017 12 31
146
( )
6. (a)
2017 2016
2,114 1,433 530 (11)
8,413 7,269 1 1 162 150 315 238 (53) (66) /( ) 311 (2) 666 3,908 (1,413) (654) ( )/ (187) 124 (2) - 6,352 596 (3,241) (2,024)
13,968 10,962
(b)
2017 2016
3,882 976 976 8,015
/( ) 2,906 (7,039)
2017 12 31
147
2017 2016
18 77 12 12
1,754 - 4 95
( ) 346 935
391 414 (23) (22)
10 14 2,512 1,525
(598) (313) ( ) (55) (104)
1,859 1,108
1 —2008
( )
2017 12 31
148
2017 (%)
12.64% 0.4391 0.4391
8.94% 0.3106 0.3106 2016 (%)
10.85% 0.3266 0.3266
8.19% 0.2463 0.2463
2010 29 — (2010
)
( )
2017 12 31
149
2017 2016 2017 2016
6,352 4,508 53,106 47,186
( )(a) - - 2,242 2,242 (b) (10) (10) 21 31 / (c) - - (6) (6) - - (3) (3)
6,342 4,498 55,360 49,450
(a)
( ) (b) 2001 6 30
3% 10 152001 7 1 5%
15 2015 20
(c)