SINOTRANS 00598·

Gross margin ------------------------------------------------------------4.53%--5.58%1.05%5.71%0.13%5.25%0.46%5.69%0.44% Net margin ------------------------------------------------------------3.16%--3.91%0.75%4.37%0.46%3.96%0.41%4.42%0.47% ROE ------------------------------------------------------------11.22%--11.72%0.50%11.15%0.57%9.90%1.25%9.74%0.16% ROA ------------------------------------------------------------5.29%--5.45%0.15%5.86%0.41%5.41%0.44%5.47%0.05% Revenue growth -----------------------------------------------------------------12.11%---6.89%5.22%3.79%10.68%-8.34%12.13% Attributable profit growth ----------------------------------------------------------------9.85%--3.32%6.52%-7.05%10.37%2.66%9.71% Debt-to-assets ------------------------------------------------------------52.83%--52.96%0.13%47.14%5.81%45.54%1.60%43.78%1.76% Current ratio ------------------------------------------------------------1.50--1.350.141.230.121.320.091.600.27 Operating cash flow / net profit ------------------------------------------------------------1.06--1.230.170.860.360.980.120.720.26 Operating cash flow / revenue ------------------------------------------------------------3.35%--4.80%1.45%3.77%1.03%3.89%0.13%3.19%0.71%

Net margin ----3.88%------4.02%0.14% Revenue growth ---------8.06%---4.07%-- Attributable profit growth ---------11.40%---0.12%-- Debt-to-assets --------44.16%--46.91%-- Current ratio --------1.57--1.52-- Operating cash flow / net profit ----0.20------0.180.02 Operating cash flow / revenue 0.33%--0.78%---1.85%2.18%0.71%0.07%

Revenue ------------------------------------------------------------124.35B--109.29B12.11%101.76B6.89%105.62B3.79%96.81B8.34% Other income and gains ------------------------------------------------------------78.83M--66.38M15.79%103.23M55.50%79.98M22.52%77.84M2.67% Gross profit ------------------------------------------------------------5.63B--6.10B8.32%5.81B4.74%5.54B4.55%5.50B0.71% Selling and distribution expenses ------------------------------------------------------------973.49M--1.07B9.58%1.08B0.86%1.00B7.03%1.01B0.59% Administrative expenses ------------------------------------------------------------3.13B--3.39B8.56%3.38B0.31%3.33B1.61%3.18B4.54% Net finance costs ------------------------------------------------------------399.56M--50.43M87.38%258.86M413.34%247.16M4.52%237.41M3.95% Income tax ------------------------------------------------------------799.56M--967.54M21.01%1.06B9.05%838.20M20.56%831.04M0.85% Operating profit ------------------------------------------------------------5.13B--5.19B1.19%5.76B10.91%5.27B8.59%5.35B1.65% Profit before tax ------------------------------------------------------------4.73B--5.24B10.80%5.50B4.91%5.02B8.78%5.11B1.92% Net profit ------------------------------------------------------------3.93B--4.28B8.72%4.45B3.97%4.18B5.98%4.28B2.48% Net profit attributable to owners ------------------------------------------------------------3.71B--4.08B9.85%4.21B3.32%3.92B7.05%4.02B2.66%

Revenue 50.52B--75.04B--46.45B8.06%71.99B4.07% Other income and gains ----1.26B------1.20B4.32% Cost of sales 47.42B--70.75B--43.45B8.37%67.45B4.67% Selling and distribution expenses 495.28M--733.97M--481.75M2.73%722.67M1.54% Administrative expenses 1.50B--2.25B--1.47B1.95%2.23B0.63% Net finance costs 60.51M--154.43M--212.45M251.09%332.62M115.39% Income tax ----692.83M------721.66M4.16% Operating profit ----3.60B------3.52B2.09% Share of associates and JVs 687.50M--1.10B--814.29M18.44%1.46B32.48% Profit before tax 2.61B--3.60B--2.37B9.16%3.62B0.33% Net profit ----2.91B------2.89B0.59% Net profit attributable to owners 1.95B--2.68B--1.72B11.40%2.68B0.12%

Cash and cash equivalents ------------------------------------------------------------14.50B--16.54B14.09%13.97B15.54%13.47B3.59%17.01B26.30% Trade and bills receivables ------------------------------------------------------------14.65B--13.90B5.14%12.79B7.95%13.48B5.40%13.07B3.07% Inventories ------------------------------------------------------------69.00M--74.33M7.74%58.68M21.06%56.26M4.13%59.99M6.63% Total current assets ------------------------------------------------------------36.36B--38.77B6.61%34.64B10.65%35.63B2.88%39.01B9.47% Total assets ------------------------------------------------------------74.31B--78.50B5.65%75.91B3.31%77.20B1.70%78.35B1.49% Total current liabilities ------------------------------------------------------------24.27B--28.64B18.00%28.06B2.05%26.93B4.02%24.45B9.21% Total liabilities ------------------------------------------------------------39.26B--41.57B5.90%35.79B13.92%35.15B1.76%34.30B2.42% Equity attributable to owners ------------------------------------------------------------33.10B--34.80B5.15%37.80B8.62%39.57B4.67%41.29B4.35% Total equity ------------------------------------------------------------35.05B--36.93B5.36%40.12B8.64%42.04B4.78%44.04B4.77%

Cash and cash equivalents --------12.79B--14.18B-- Trade and bills receivables --------16.02B--17.65B-- Inventories --------58.18M--55.12M-- Total current assets --------39.13B--43.89B-- Total assets --------79.21B--83.12B-- Total current liabilities --------24.95B--28.81B-- Total liabilities --------34.98B--38.99B-- Equity attributable to owners --------41.32B--41.15B-- Total equity --------44.23B--44.13B--

Net cash from operating activities ------------------------------------------------------------4.16B--5.25B25.95%3.83B26.93%4.11B7.26%3.09B24.95% Net cash from investing activities ------------------------------------------------------------472.79M--1.01B114.68%218.31M78.49%207.39M5.00%4.83B2227.26% Net cash from financing activities -------------------------------------------------------------1.61B---4.60B185.89%-6.70B45.79%-4.74B29.32%-4.40B7.16% Net change in cash ------------------------------------------------------------2.92B--2.10B28.10%-2.58B223.02%-385.92M85.04%3.45B993.69%

Net cash from operating activities 167.72M--582.31M---858.13M611.63%509.96M12.42% Net cash from investing activities -1.10B--917.47M---493.66M55.02%456.53M50.24% Net cash from financing activities -823.74M---2.02B---2.58B212.60%-3.43B69.73% Net change in cash -----626.82M-------2.76B340.78%