CHINA OIL & GAS 00603·

Gross margin ------------------------------------------------------------14.88%--12.26%2.62%10.64%1.62%12.37%1.73%13.60%1.23% Net margin ------------------------------------------------------------10.56%--6.87%3.69%2.05%4.82%3.97%1.92%4.12%0.15% ROE ------------------------------------------------------------18.87%--17.29%1.58%-6.09%23.38%4.94%11.03%2.01%2.94% ROA ------------------------------------------------------------6.68%--5.47%1.21%1.82%3.65%3.39%1.56%2.83%0.56% Revenue growth ----------------------------------------------------------------31.76%--8.67%23.09%-2.63%11.30%-16.26%13.63% Attributable profit growth -----------------------------------------------------------------11.77%---132.30%120.53%179.45%311.76%-56.45%235.90% Debt-to-assets ------------------------------------------------------------61.06%--63.84%2.78%63.72%0.12%65.15%1.44%64.85%0.30% Current ratio ------------------------------------------------------------1.17--0.680.490.680.001.200.520.860.34 Operating cash flow / net profit ------------------------------------------------------------1.41--2.411.004.281.882.821.462.340.48 Operating cash flow / revenue ------------------------------------------------------------14.88%--16.52%1.64%8.78%7.74%11.19%2.41%9.65%1.54%

Gross margin 12.49%--13.91%1.42% Net margin 6.94%--6.37%0.56% Revenue growth -----0.45%-- Attributable profit growth -----21.80%-- Debt-to-assets ----63.85%-- Current ratio ----0.89--

Revenue ------------------------------------------------------------11.73B--15.45B31.76%16.79B8.67%16.35B2.63%13.69B16.26% Other income and gains ------------------------------------------------------------55.99M--37.58M32.89%55.86M48.66%41.64M25.46%35.39M15.00% Gross profit ------------------------------------------------------------1.75B--1.89B8.55%1.79B5.71%2.02B13.20%1.86B7.91% Selling and distribution expenses ------------------------------------------------------------60.86M--72.64M19.37%77.60M6.82%86.47M11.42%85.94M0.60% Administrative expenses ------------------------------------------------------------408.66M--453.43M10.95%637.67M40.63%513.32M19.50%515.18M0.36% Net finance costs ------------------------------------------------------------281.16M--404.70M43.94%392.17M3.09%430.43M9.76%388.09M9.84% Income tax ------------------------------------------------------------389.69M--347.20M10.90%308.46M11.16%294.93M4.39%368.05M24.79% Operating profit ------------------------------------------------------------1.80B--1.54B14.40%946.77M38.48%1.26B32.60%1.06B15.55% Profit before tax ------------------------------------------------------------1.63B--1.41B13.47%652.97M53.63%944.24M44.61%932.08M1.29% Net profit ------------------------------------------------------------1.24B--1.06B14.28%344.50M67.53%649.30M88.48%564.03M13.13% Net profit attributable to owners ------------------------------------------------------------739.26M--652.22M11.77%-210.69M132.30%167.40M179.45%72.91M56.45%

Revenue 7.89B--7.85B0.45% Other income and gains 11.74M--17.38M47.94% Cost of sales 6.90B--6.76B2.07% Gross profit 985.83M--1.09B10.86% Selling and distribution expenses 30.33M--34.49M13.72% Administrative expenses 202.47M--269.60M33.16% Net finance costs 212.60M--238.57M12.22% Income tax 149.75M--204.01M36.24% Operating profit 764.40M--774.03M1.26% Share of associates and JVs 44.71M--50.03M11.89% Profit before tax 697.13M--704.64M1.08% Net profit 547.39M--500.63M8.54% Net profit attributable to owners 250.90M--196.20M21.80%

Cash and cash equivalents ------------------------------------------------------------2.28B--2.97B30.55%1.90B36.16%2.38B25.11%1.93B18.75% Trade and bills receivables ----------------------------------------------------------------------------2.03B-- Inventories ------------------------------------------------------------333.77M--520.38M55.91%539.05M3.59%271.99M49.54%203.15M25.31% Total current assets ------------------------------------------------------------5.61B--5.70B1.71%5.29B7.25%6.03B14.08%6.62B9.75% Total assets ------------------------------------------------------------18.52B--19.39B4.73%18.89B2.61%19.17B1.48%19.94B4.02% Total current liabilities ------------------------------------------------------------4.81B--8.40B74.63%7.82B6.87%5.03B35.69%7.70B53.09% Total liabilities ------------------------------------------------------------11.31B--12.38B9.49%12.03B2.80%12.49B3.77%12.93B3.54% Equity attributable to owners ------------------------------------------------------------3.92B--3.77B3.71%3.46B8.27%3.39B2.12%3.63B7.33% Total equity ------------------------------------------------------------7.21B--7.01B2.74%6.85B2.28%6.68B2.55%7.01B4.93%

Cash and cash equivalents ----2.41B-- Trade and bills receivables ----1.91B-- Inventories ----187.85M-- Total current assets ----7.15B-- Total assets ----22.13B-- Total current liabilities ----8.03B-- Total liabilities ----14.13B-- Equity attributable to owners ----4.39B-- Total equity ----8.00B--

Net cash from operating activities ------------------------------------------------------------1.75B--2.55B46.27%1.47B42.23%1.83B24.04%1.32B27.80% Net cash from investing activities -------------------------------------------------------------2.17B---613.35M71.73%-1.27B107.44%-1.28B0.27%-1.33B4.38% Net cash from financing activities ------------------------------------------------------------233.52M---1.27B642.24%-1.27B0.67%-49.24M96.14%-439.22M791.93% Net change in cash -------------------------------------------------------------191.05M--673.37M452.46%-1.07B259.22%504.42M147.05%-449.98M189.21%