PICC GROUP 01339·

Net margin ------------------------------------------------5.11%--6.99%1.88%5.77%1.22%9.43%3.65%9.60%0.17% ROE 7.96%--25.16%17.21%----17.98%----------------------------------9.79%--11.32%1.53%9.18%2.15%15.68%6.50%14.95%0.72% ROA 0.57%--1.32%0.75%----1.10%----------------------------------2.21%--2.50%0.30%1.98%0.52%3.21%1.24%3.08%0.13% Revenue growth -----------------------------------------------------14.72%--5.23%19.95%12.86%7.63%8.00%4.87% Attributable profit growth ----233.92%--2.79%231.14%18.87%16.08%------------------------------------18.19%---12.06%30.24%88.83%100.89%9.62%79.21% Debt-to-assets 88.81%--91.71%2.90%----91.26%----------------------------------78.44%--78.47%0.04%78.61%0.14%79.20%0.58%79.28%0.08% Operating cash flow / net profit 32.59--17.8514.748.689.174.414.27--------------------------------2.39--2.010.392.290.281.550.741.900.35 Operating cash flow / revenue ------------------------------------------------12.23%--14.03%1.79%13.22%0.80%14.61%1.39%18.25%3.64%

Net margin 11.15%--12.17%--14.31%3.16%8.37%3.80% Revenue growth --------9.58%---1.73%-- Attributable profit growth --------40.42%---32.05%-- Debt-to-assets --------78.22%--78.62%-- Operating cash flow / net profit 2.07--1.51--1.260.812.300.79 Operating cash flow / revenue 23.09%--18.39%--18.00%5.09%19.26%0.87%

Revenue ------------------------------------------------594.61B--507.06B14.72%533.59B5.23%602.24B12.86%650.41B8.00% Income tax ------------------------------------------------5.22B--7.27B39.30%2.75B62.23%12.45B353.42%11.50B7.63% Operating profit ------------------------------------------------27.57B--31.59B14.61%22.08B30.12%58.76B166.12%64.03B8.97% Profit before tax ------------------------------------------------35.59B--42.72B20.03%33.56B21.44%69.23B106.31%73.95B6.82% Net profit 1.75B--5.85B233.92%6.01B2.79%7.14B18.87%--------------------------------30.37B--35.45B16.72%30.81B13.08%56.78B84.29%62.45B9.99% Net profit attributable to owners ------------------------------------------------21.48B--25.38B18.19%22.32B12.06%42.15B88.83%46.21B9.62%

Revenue 324.12B--520.99B--355.17B9.58%512.00B1.73% Other income and gains ----242.00M------219.00M9.50% Administrative expenses ----4.99B------4.75B4.93% Net finance costs ----2.38B------2.48B4.46% Income tax 6.91B--14.33B--12.11B75.26%8.61B39.88% Operating profit 280.34B--77.80B--292.22B4.24%52.34B32.73% Share of associates and JVs ----12.16B------10.33B15.02% Profit before tax 43.06B--77.73B--62.95B46.17%51.45B33.81% Net profit 36.16B--63.40B--50.84B40.61%42.84B32.43% Net profit attributable to owners 26.67B--46.82B--37.45B40.42%31.82B32.05%

Cash and cash equivalents 36.12B--40.50B12.13%----69.89B--------------------------------------------------25.98B-- Total assets 306.34B--442.88B44.57%----649.74B----------------------------------1.38T--1.42T2.86%1.56T9.91%1.77T13.47%2.03T14.80% Total liabilities 272.06B--406.17B49.29%----592.93B----------------------------------1.08T--1.11T2.91%1.22T10.11%1.40T14.31%1.61T14.91% Equity attributable to owners 22.01B--23.23B5.58%----39.73B----------------------------------219.26B--224.15B2.23%243.21B8.50%268.87B10.55%308.99B14.92% Total equity 34.28B--36.71B7.09%----56.81B----------------------------------296.89B--304.89B2.69%332.90B9.19%367.42B10.37%420.19B14.36%

Cash and cash equivalents --------53.01B--24.25B-- Total assets --------2.12T--2.17T-- Total liabilities --------1.66T--1.71T-- Equity attributable to owners --------341.04B--335.97B-- Total equity --------462.73B--464.79B--

Net cash from operating activities 57.06B--104.39B82.94%52.18B50.01%31.51B39.61%--------------------------------72.73B--71.12B2.21%70.55B0.80%87.99B24.72%118.69B34.89% Net cash from investing activities -61.91B---125.07B102.03%-64.44B48.47%-28.20B56.24%---------------------------------81.56B---72.75B10.79%-70.93B2.51%-77.60B9.41%-155.74B100.70% Net cash from financing activities 9.81B--25.11B156.02%41.79B66.46%11.07B73.52%---------------------------------35.86B--8.56B123.86%-11.48B234.19%4.86B142.32%53.38B998.46% Net change in cash 4.96B--4.43B10.80%29.53B567.22%14.38B51.31%---------------------------------44.69B--6.92B115.49%-11.86B271.33%15.25B228.58%16.33B7.07%

Net cash from operating activities 74.84B--95.80B--63.94B14.58%98.61B2.94% Net cash from investing activities -65.73B---101.98B---27.37B58.36%-73.49B27.94% Net cash from financing activities -14.57B--386.00M---43.30B197.27%-50.04B13063.99% Net change in cash -5.46B---5.89B---6.74B23.57%-25.17B327.62%