ira2013 20130827 chi master 1500 - shuionland.com

41
港交易及結算所有限公司及港聯合交易所有限公司對本公的內概不負責,對其準確性或性亦不發表任何聲 明,並明確表示,概不會就因本公的全部或任何部分內而產生或因賴該等內而引致的任何損失承任何責任。 本公僅供參考,並不構成收購、購買或認購券的邀請或要約,亦非提任何該等要約或邀請。尤其本公並不構成亦 非提出售或招徠任何要約以購買港、美國或其他地方的券的要約。 一九三三年美國券法,在概無註冊或獲豁註冊的情況下,不得於美國提或出售券。任何在美國公開發售券 僅可透過招股章程的式進行,招股章程可向發行人或出售券的持有人索取,且當中須載列發行人及其管理層的詳細資 以及財務資。本公所提述的券概無計劃於美國公開發售。 摘要 摘要 摘要 摘要 2013 年上半年,本集團錄得營業人民幣 36.23 億元,上升 121%,乃由於報期內交付並確認售的 物業有所增加。本集團於 2013 年上半年的租金及相收入(包括酒店經營收入)上升 25%至人民幣 7.01 億元。 2013 年上半年的合約售上升 315%至人民幣 64.09 億元。已售及預售的總建面為 238,400 平方 米,平售價為平方米人民幣 26,900 元。 截至 2013 6 30 日,於 2013 年下半年及其後交付的已定售合計達人民幣 91.14 億元(包括大連 聯營公司),建面為 407,000 平方米。 2013 年上半年的毛率為 39%。於 2013 年上半年,經營溢上升 120%至人民幣 9.98 億元,而 2012 年上 半年則為人民幣 4.54 億元。 2013 年上半年,股東應佔溢上升 27%至人民幣 10.51 億元。於 2013 年上半年的心溢為人民幣 3.87 億元。 截至 2013 6 30 日,本集團的現金及銀行存款總為人民幣 120.53 億元。 本集團於 2013 6 30 日的淨資產負債率下跌 11%59% 截至 2013 6 30 日,本集團持有的已落成資物業及酒店物業的面合計達人民幣 276.94 億元,位 於上的物業面佔 76%: www.shuionland.com 2013 年中期業績公 年中期業績公 年中期業績公 年中期業績公

Upload: others

Post on 24-Mar-2022

6 views

Category:

Documents


0 download

TRANSCRIPT

IRA2013_20130827_Chi master_1500

2013 25% 7.01
2013 315% 64.09 238,400
26,900 2013 6 30 2013 91.14
407,000
2013 39% 2013 120% 9.98 2012
4.54
2013 27% 10.51 2013 3.87
2013 6 30 120.53
2013 6 30 11% 59%
2013 6 30 276.94
76%
: www.shuionland.com
2013

2013 2012 16.43 121% 36.23 29.13 7.01
2013 80% 19% 900 1%2013

34 5 99,900 15.88 2013 2012 25% 7.01 8,700 2013
2.75 2.65
2013 93% 14.19 2012 7.37 39% 2013 123% 1.43
2013 61.67 2.3% 2013 7% 4.06 2012 12
Taubman TCBL 2013 3 1
2013 11.38 2013 6 30
3% 27% 10.51 2012 8.25 2013
3.87 2013 6 30 91.14
407,000 2013
3
174% 29.13 176,700
34 5
20.91 72% 2013 17,300 2012
4% 2013 2012 5%
2013 2012

74 3,000 26,100 35 1,900 19,500
34% 161 4,600 37,100 - - - - A
- - - 96 3,500 29,100
- B 255 12,600 21,500 - - - - B 46 1,100 44,300 - - - - 1 450 44,200 13,200 431 40,300 13,800 (4%) 1,535 100,900 16,100 - - - - 423 19,000 23,600 18 840 22,700 4% 2,944 185,400 820 52,000 244 - - 246 - - - 265 25,800 10,900 389 33,100 12,500 (13%) 3,453 211,200 17,300 1,455 85,100 18,100 (4%) ========== ========== ========== ========== - 2 2,913 176,700 17,500 1,062 51,800 21,700 (19%) - 2 275 8,700 33,500 4 200 21,200 58% - 265 25,800 10,900 389 33,100 12,500 (13%) 3,453 211,200 17,300 1,455 85,100 18,100 (4%) ========== ========== ========== ========== 1 2

2013 64.09
2012 15.46 315% 238,400 2012
75,920 214% 32% 26,900 2013 6 30 47,100
11.89 2013 2013 2012 5%
2013 2012

34 1,400 24,300 40 1,400 28,600
(15%) 297 7,800 38,100 - - - - A
- - - 65 2,100 31,000
- B 942 42,100 22,400 512 22,900 22,400 0% B 72 1,600 45,000 - - - - 1 714 70,600 12,300 319 30,000 13,000 (5%) 103 2,500 41,200 - - - - /
205 11,700 17,500 10 500 20,000
(13%) 175 3,900 44,900 150 3,700 40,500 11% 6,029 217,200 27,800 1,163 61,320 19,000 46% 242 21,200 11,400 179 14,600 12,300 (7%) 138 - - 204 - - - 6,409 238,400 26,900 1,546 75,920 20,400 32% =========== =========== =========== =========== 1
5
2013
2013
42,900
311 4,100 B9B11 B13 // 71,400 // 130,100 1-3 // 60,200 1-3 22,600 / 9,100 19,000 / 82,300
441,700 ==========
6
2013 25% 7.01 5.68
14% 1.33
2012 3 2013 207,000 166,000
41,000
36,000 2013 2013 2012 2013 2015

80,000
186
169
10%
20%
25%
25%
/ 83,000 120 117 3% 24% 24% 37% / 50,000 64 44 45% 1% 25% 18% 213,000 370 330 12% 16% 25% 27% 47,000 29 25 16% 3% 7% 15% / 160,000 91 75 21% 15% 31% 34% 46,000 27 27 - 15% 26% 25% 46,000 10 7 43% 6% 3% 31% 30,000 32 25 28% 3% 3% 9% 1 - 9 9 - 41% 25% 20% 542,0002,3 568 498 14% 14% 23% 27% ============= ======== ======== ======== ======== ======== ======== 1 6,000
20 2023 2 29,000 8,000 4,000
17,000 3 2013 166,000 2013

7
2013 6 30
253.06 708,000 3.61 1% 2013
75%12%8% 5% 2013 6 30 142.87
891,000 7.77 5% 2013
126 127 126
5 79,000 2013
127 3 82,000
2014 75,000
2013 158,000 2014 2013 6 30 88
23.88 2013 6 30 2007 102.76 2013 6 30 2013

/
83,000 20 4,501 54,200 0.4% 50,000 27 2,768 55,400 1% 47,000 13 1,014 21,600 1% 160,000 130 4,633 29,000 3% 46,000 41 1,192 25,900 3% 176,000 83 3,020 17,200 3% 66,000 27 1,965 29,800 1%
708,000 3611 25,306 35,700 1%
233,000 211 5,087 21,800 4% 19,000 34 348 18,300 10% 5,000 - 25 5,000 - 110,000 8 956 8,700 1% 363,000 - 1,235 3,400 -
891,000 777 14,287 16,000 5%
1,599,000 1,138 39,593 24,800 3%
================== ================== ================== ================== 1
8



/
33,000 1,790 54,200 88 5,000 69 13,800
38,000 529 13,900
76,000 2,388 31,400 ============== ============== ==============
/ 2013 2012 2011 6 30 12 31 12 31 2013

5,000 57,000 99% 100% 100%
100.0% - 27,000 - 27,000 99% 100% 96% 99.0% 76,000 7,000 - 83,000 100% 100% 100% 100.0% 30,000 28,000 - 58,000 100% 100% 80.0% - 1,000 33,000 34,000 100% 66.7%
1
- 5,000 100% 100% 100%
79.8% 3 - 28,000 - 28,000 99% 98% 100% 79.0% 5 - 2,000 - 2,000 53% 53% 39% 79.0% 2 - 12,000 - 12,000 89% 86% 79.0% 1-3 10 1 29,000 21,000 - 50,000 85% 84% 77% 86.8%
5-9 2 39,000 10,000 - 49,000 81% 77% 79% 86.8% R1 R2 16,000 11,000 - 27,000 86% 84% 75% 86.8% 11 12 C2 27,000 11,000 - 38,000 73% 54% 33% 86.8%

100.0% A4-1
- 16,000 - 16,000 94% 91% 98%
75.0% A4-2 A4-3 - 30,000 - 30,000 84% 84% 91% 75.0%

- 2,000 - 2,000 92% 94% 100%
79.4% 1 - 2,000 - 2,000 50% 91% 96% 79.4% 2 3 - 4,000 - 4,000 88% 79.4% - 6,000 - 6,000 0% 79.4%
B3/01 - 1 - 10,000 - 10,000 100% 97% 100% 79.4% - 2 - 39,000 - 39,000 70% 69% 59% 79.4%
1 1
- 16,000 - 16,000 88% 87% 22%
100.0% D - 14,000 38,000 52,000 2% 100.0%
D22
42,000 - - 42,000 75% 76% 91%
48.0% 113,000 - - 113,000 100% 100% 100% 48.0% D14-SO2/SO4 52,000 - - 52,000 38% 48.0% 429,000 355,000 76,000 860,000 2013
2 B11-1/02
119,000 11,000 - 130,000
- 36,000 - 36,000
100.0%
10
2012 5 28
2013 6 30 238
TCBL 362 2013
7 1



2013 2013 2014 2013 2013 2014
/


- 51,000 28,000 - 79,000 26,000 105,000 53,000 - - - 53,000 20,000 73,000 - 59,000 16,000 - 75,000 42,000 117,000 54,000 - 1,000 - 55,000 13,000 68,000 77,000 133,000 73,000 - 283,000 78,000 361,000 12,000 - 1,000 - 13,000 10,000 23,000 196,000 243,000 119,000 - 558,000 189,000 747,000 ============ ============ ============ ============ ============ ============ ============ 2014
- 55,000 27,000 - 82,000 37,000 119,000 118,000 - 19,000 - 137,000 50,000 187,000 - 95,000 6,000 - 101,000 46,000 147,000 - 46,000 112,000 44,000 202,000 68,000 270,000 56,000 68,000 110,000 7,000 241,000 148,000 389,000 123,000 - 2,000 - 125,000 40,000 165,000 45,000 - 3,000 - 48,000 29,000 77,000 1 91,000 - - - 91,000 44,000 135,000 433,000 264,000 279,000 51,000 1,027,000 462,000 1,489,000 ============ =========== ============ =========== =========== =========== ===========
1
2013 2013 3 2
119,000 11,000
36,000 C 33,000 41,000
2013 5 126 79,000 51,000 28,000 5 2013 6 2013 2014
12
3 127 82,000 55,000 27,000 2013 6 30 2014 5 6 118,000 19,000 2012 12 2013 3 2013 34.87 2012 19% 2013 2014 99.0% 79.0% 53,000 311 2012 2013 6 30 49,000 92% 2013 311 1-7 12-8 95,000 6,000 22,000 2014 2015 2013 75,000 2013 59,000 16,000 D17 2 3 2013 8 103,000 46,000 9,000 44,000 2014 67,000 B9 2012 55,000 B11 2013 2013 10.14 56,000 B13 2013 B13 2013 2014 A1/A2/A3 110,000 2014 A2 46,000 2014 2012 B20-5 78,000 2012 2013 2 B11-1/02 1 2013 B12-1 34 5 2013 99,900 203,000 67 8 B12-3 B12-4 2013 2014 2016 2 15 2 2013 2013 1 3 61618 E 264,000 2013 2015
13
C 74,000 2013
A 91,000
2013 5 5 6 1.03 2013
2014 4 116 90,000
2013 2013 6 30 92% 2012
12 31 85% 7% 50% 2013 6 30 116 31.73
496,000 118119120122123124 132
239 10 569,000 2013 6 30 3 96% 2012 12 31 4% 29 10 76%83% 77% 2012 23 9 2013 2014 2 9 3
10 79.0% 2013 6 30 239 10 59.43
1 7 167 500,000







116 4 92% 90,000 3,173 800 2013 3 - 96% 72,000 1,478 278 2013 9 6 83% 84,000 1,489 450 2014 2 7 76% 105,000 1,383 476 2014 10 -
77% 308,000 1,593 1,646 2014/15
659,000 9,116 3,650 ============= ============= =============
14
2013 6 30 1,290 1,080
210
1,080 120 /
360 600
2000 1990 659,000
2013 2015 100



- - 47,000 - 47,000 59,000 106,000 79.0%2
- 111,000 53,000 - 164,000 104,000 268,000 86.8%
- - 6,000 - 6,000 - 6,000 100.0%
1,000 - 46,000 - 47,000 25,000 72,000 75.0%
37,000 119,000 74,000 - 230,000 150,000 380,000 79.4%3
36,000 - 66,000 38,000 140,000 65,000 205,000 100.0%
86,000 207,000 41,000 - 334,000 126,000 460,000 48.0%
160,000 548,000 443,000 76,000 1,227,000 632,000 1,859,000

118,000 - 19,000 - 137,000 50,000 187,000 79.0%2
53,000
110,000 252,000 111,000 40,000 513,000 161,000 674,000 75.0%
247,000 544,000 262,000 25,000 1,078,000 289,000 1,367,000 79.4%3
171,000 - 97,000 - 268,000 124,000 392,000 100.0%5
478,000 189,000 201,000 33,000 901,000 308,000 1,209,000 48.0%6

1,267,000
1,291,000
879,000
535,000 272,000 252,000 10,000 1,069,000 12,000 1,081,000 79.0%2
368,000 35,000 92,000 10,000 505,000 4,000 509,000 75.0%
780,000 25,000 91,000 78,000 974,000 218,000 1,192,000 79.4%
377,000 450,000 125,000 80,000 1,032,000 28,000 1,060,000 100.0%
7 529,000 936,000 362,000 49,000 1,876,000 8,000 1,884,000 48.0%6

2,755,000
1,892,000
1,040,000
1 99.0% 116
100.0%100.0%50.0%80.0% 66.7% 2 1 167A 167B 79.8% 6 5 99.0%
79.0% 3 79.4% B11-1/02 59.5% B11-1/02
518,000 4 311 99.0% 12-8 86.8% 5 100.0% 616 18 6 16 55.9%Mitsui Fudosan
Residential Co., Ltd. 44.1% 18 54.92% 45.08%
6 48.0% C01C03B08B09E02A D06 33.6% 7 360 2013 6 30 330 30





30.4% 12.7%



2013 7 3 28
2015


800 2020 1,200
2013
17.3% 1.44%ULI2013
36
2013 9.5%

2013
64 13.8% 27.7% 581
2012 2,224 2005


2013 6 30 6

6 (((())))
2012 6 30
6 ()
( 2) ( 2) - 4 4,511 3,623 2,023 1,643 - 178 143 246 200
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 4,689 3,766 2,269 1,843 =============== ============== =============== ============== 4 4,511 3,623 2,023 1,643 (2,744) (2,204) (1,115) (906)
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 1,767 1,419 908 737 159 128 197 160 (178) (143) (79) (64) (505) (406) (467) (379)
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 5 1,243 998 559 454 1,417 1,138 1,561 1,268 3 3 2 2 26 21 - - 6 (117) (94) (300) (244)
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 2,572 2,066 1,822 1,480 7 (925) (743) (630) (512)
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 1,647 1,323 1,192 968
=============== =============== =============== =============== 1,308 1,051 1,016 825 --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 197 158 - - 142 114 176 143
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 339 272 176 143 --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 1,647 1,323 1,192 968
=============== ============== =============== ============== () ()
9 19 15 17 14
=============== =============== =============== ===============
6 (((())))
( 2) ( 2)
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- ---------------------------------------------------------


--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 21 17 -- --
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- ---------------------------------------------------------

(56) (45) -- -- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- (35) (28) -- -- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 1,612 1,295 1,192 968
=============== =============== =============== =============== 1,273 1,023 1,016 825 --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 197 158 -- -- 142 114 176 143
--------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- 339 272 176 143 --------------------------------------------------------- --------------------------------------------------------- --------------------------------------------------------- ---------------------------------------------------------
1,612 1,295 1,192 968 =============== ============== =============== ===============
6 30 2012
12 31 (((()))) () 49,869 46,624 3,792 3,782 664 671 1,267 1,264 25 - 1,660 1,659 10 101 102 265 - 2,742 1,720 112 93
--------------------------------------------------- --------------------------------------------------- 60,497 55,915
--------------------------------------------------- --------------------------------------------------- 22,527 20,150 1,338 3,274 10 2,869 2,606 515 484 154 210 52 65 955 443 259 183 8,097 6,287
--------------------------------------------------- --------------------------------------------------- 36,766 33,702
--------------------------------------------------- --------------------------------------------------- 11 10,055 7,903 585 782 - 11 601 530 709 908 — 5,393 5,103 2,502 2,346 2,990 2,980
--------------------------------------------------- --------------------------------------------------- 22,835 20,563
12 31
(((()))) () 12 145 114 35,073 31,367 -------------------------------------------------- -------------------------------------------------- 35,218 31,481 -------------------------------------------------- -------------------------------------------------- 3,094 3,093 2,708 2,694 -------------------------------------------------- -------------------------------------------------- 5,802 5,787 -------------------------------------------------- -------------------------------------------------- 41,020 37,268 -------------------------------------------------- -------------------------------------------------- — 14,777 13,700 10,394 10,539 59 23 2,769 2,484 5,352 5,028 57 12 -------------------------------------------------- -------------------------------------------------- 33,408 31,786 -------------------------------------------------- -------------------------------------------------- 74,428 69,054 ============== ==============
22
1.
34 34 2.

2013 6 30 6 1.000 1.245 2012 6 30 6 1.000 1.231
3.

2013 6 30 6 2012 12 31
2013 1 1
2009 2011 7 – 10
11 : 12
10 11 12 13 19 2011 27 2011 28 2011 1 20
13
34


13 13
13 19 2011 19 2011 19 2011


19
19 2011
19 2011
1 1 1
1
1 (a)(b)

24
4.
6 30 6 2013 2012
2,913 128 3,041 1,062 187 1,249
------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------
------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------
9 - 9 18 - 18 ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------ ------------------------------------------
3,623 143 3,766 1,643 200 1,843 =========== =========== =========== =========== =========== ===========

===========
2012 6 30 6 ()

1,062 563 18 1,643 187 13 - 200 -------------------------------------- -------------------------------------- -------------------------------------- -------------------------------------- 1,249 576 18 1,843 =========== =========== =========== =========== 191 1,551 12 1,754 =========== =========== =========== 99 50 2 (244) (181) -------------------------------------- 1,480 (512) -------------------------------------- 968 ===========
26
5. 6 30 6 2013 2012 (((()))) () 93 59 (1) - ---------------------------------------------- ---------------------------------------------- 92 59 ============ ============ 7 5 (6) (4) ---------------------------------------------- ---------------------------------------------- 1 1 ============ ============
1 1 11 22
1 1 1 2 ---------------------------------------------- ---------------------------------------------- 14 26
---------------------------------------------- ----------------------------------------------
251 233 18 13 5 6
---------------------------------------------- ---------------------------------------------- 274 252 ---------------------------------------------- ---------------------------------------------- 288 278 (83) (81) ---------------------------------------------- ---------------------------------------------- 205 197 ============ ============ 1,922 711 ============ ============ 22 29 ============ ============
(106) (99) ============ ============
27
583 402 66 74
72 75 11 5 1 - 217 120 582 410 11 - 10 45 ---------------------------------------------- ---------------------------------------------- 1,553 1,131 (1,256) (1,018) ---------------------------------------------- ---------------------------------------------- 297 113
============ ============
2013 6 30 6
8.1% 2012 6 30 6 7.7%
7. 6 30 6 2013 2012
(((()))) ()
247 35 -------------------------------------------- --------------------------------------------
743 512 ============ ============

25% 2012 6 30 6 25%

28
8. 6 30 6 2013 2012
(((()))) ()
2012 2012 2011 223 473
============ ============ 2013 2.2
2012 2.5 140 122 ============ ============
2013 2.2 1.7 1.76 1.40 2013 5 2012 3.5 2.8 2.80
2.23 2013 5 29 2013 6
2012 10 2012 2.5 2.1 1.45
1.22
2012 65.5% 2.932
33,360,452
2012 6 2011 10 8 5.91
4.73 2012 6 7
2011 2012 7
70.5% 3.176 129,436,566

1,051
2013 2012
(((()))) ()
794 736 ---------------------------------------------- ---------------------------------------------- 7,767 6,666 ============ ============
2013 6 30 2012 6 30 6 2013 5 20
2013 6 30 6 2012 6 30 6


(((()))) ()

378 303 30 17 2 31-60 3 3 61-90 1 2 90 8 6
-------------------------------------------- -------------------------------------------- 407 316 1,816 1,695
646 595 -------------------------------------------- -------------------------------------------- 2,869 2,606
============ ============

(((()))) ()
0-30 1,850 2,443 31-60 8 29 61-90 24 16 90 204 80
---------------------------------------------- ---------------------------------------------- 2,086 2,568 469 448 273 325 6,560 3,551 338 324 - 352 329 335
32
:
2013 5 20 3 1 2,000,431,547
1.84 4,400 3,800
37.19 29.37





2012 1 1 12,000,000,000 30,000 5,211,587,981 13,029 - - 626,909,643 1,567
============================================================================ ======================================================================== ======================================================================== ==============

(((()))) ()

2013 6 30 6 37.66 2012 18.43
36.23 2012 16.43
1.43 2012 2.00 2013 6 30 6 30.41 2012 12.49
29.13 2012 10.62 1.28 2012 1.87 51,800 176,700
18.51 2013 6 30 6
22% 7.10 2012 5.81
2012 3 2013 6 30 6 14.19 2012 7.37
39%2012 45% 2013
34%2012 33% 20% 1.28 2012 1.60 1.06 2012 9,900 2,200 2012 1,100
2012 5,000 123% 1.43 2012 6,400
351% 616.7 2012 136.7 7% 4.06 2012 3.79 2012 12
Taubman TCBL 2013 3 1
120% 9.98 2012 4.54 10% 11.38 2012 12.68 3.61 2012 4.49 7.77 2012 8.19
300 2012 200
1,500 2012 2,100 9,400 2012 2.44 15.53 2012 11.31 81%2012 90% 12.56 2012 10.18 19%201210%
2.05 2013
2012 6,800 40% 20.66 2012 14.80
34
45% 7.43 2012 5.12 2.47 2012 3,500 6,200 2012 900 2013 27%2012 32.8% 2013 6 30 6 10.51 2012 27%2012 8.25
6 30 6
2013


============================================ ============================================
15 2013 6 30 6 69.73 2012 14 59.30 •



2013 5 20 3 1 2,000,431,547
1.84 28.99

2013 6 30

(((())))











– 10,956 2,234 1,985 5,665 1,072 – 6,798 2,575 2,153 2,070 - – 2,416 584 897 935 - ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------
20,170 5,393 5,035 8,670 1,072 – 2,502 2,502 - - - – 6,572 2,990 3,582 - - – 1,240 - 1,240 - - – 5,572 - 5,572 - - ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------
36,056 10,885 15,429 8,670 1,072 =========== =========== =========== =========== ===========
2013 6 30 120.53 2012 12 31 86.33
36.97 2012 12 31 21.63
2.59 2012 12 31 1.83 2013 6 30 240.03 2012 12 31 260.35
410.20 2012 12 31 372.68 2013 6 30

59%2012 12 31 70% 2013 6 30 79.15 2012 12 31 75.78

2013 6 30 554.29 2012 12 31 432.03
183.00
2012 12 31 166.92

2013 6 30 146.03 2012 12 31
144.42
36


2012
2013 6 30 2015 1 26
2.50 2015 2015
8% 8%
9.57% 9.68% 12.69

2013 6 30

0.54% 0.71% 3.05
120% 7.85%
2.56
2013 6 30


2013 9 23 2013 6 30 6 2.2 (2012 :
2.5 ) 2013 9 10
2013 6 30 6
14
2013 6 30 6 2012
2013 3 10
2013 6 30 6
A.6.4

9 3
1 5 2013 3
2013 6 30 6 3 100%
38


3 •

2013 6 30 6
2013 6 30 6 1 100%
3
2013 6 30 6 1 100%
3
2013 6 30 6 1 100% 2013 1
2013 3
39
7
2013 6 30 6 2 100% 2013 6 30 6 2013
-

2013 3


ii
2012


2013 5 29
,
40
2013 6 30 1,048 2012 12 31 1,318 ;
362 1,478 2012 12 31 1,438
:
•••• 2013 6 30

2013 6 30 6
41




2013 8 27 •
• *