C&D PROPERTY 02156·

Gross margin ----------------25.01%--23.44%1.57%28.06%4.61%21.46%6.59%21.21%0.25% Net margin ----------------10.34%--10.97%0.64%15.33%4.36%9.96%5.38%9.63%0.33% ROE ----------------15.76%--19.84%4.09%27.07%7.23%18.36%8.72%17.89%0.47% ROA ----------------6.16%--7.60%1.44%14.39%6.79%8.46%5.93%8.18%0.28% Revenue growth --------------------47.14%--55.83%8.69%-7.74%63.58%17.85%25.59% Attributable profit growth --------------------55.11%--89.05%33.93%-30.78%119.83%10.95%41.74% Debt-to-assets ----------------60.53%--61.51%0.98%51.84%9.67%53.27%1.44%54.96%1.69% Current ratio ----------------1.60--1.570.031.890.321.820.071.800.03 Operating cash flow / net profit ----------------5.51--1.973.540.341.630.810.471.600.79 Operating cash flow / revenue ----------------56.95%--21.64%35.31%5.20%16.45%8.05%2.85%15.43%7.38%

Gross margin 25.16%--23.35%1.81% Net margin 12.14%--11.42%0.73% Revenue growth ----18.34%-- Attributable profit growth ----11.17%-- Debt-to-assets ----56.94%-- Current ratio ----1.73-- Operating cash flow / net profit 0.41--0.190.22 Operating cash flow / revenue 4.96%--2.12%2.84%

Revenue ----------------1.56B--2.29B47.14%3.57B55.83%3.29B7.74%3.88B17.85% Other income and gains ----------------10.92M--16.52M51.23%17.33M4.90%15.26M11.95%8.42M44.81% Gross profit ----------------389.36M--537.00M37.92%1.00B86.49%706.75M29.43%823.23M16.48% Selling and distribution expenses ----------------3.80M--7.57M99.53%7.96M5.16%9.00M12.96%16.99M88.83% Administrative expenses ----------------212.87M--287.18M34.91%355.82M23.90%363.14M2.06%387.53M6.72% Income tax ----------------44.15M--73.39M66.23%180.15M145.47%92.94M48.41%124.16M33.59% Operating profit ----------------183.14M--254.17M38.78%651.77M156.43%343.48M47.30%415.17M20.87% Share of associates and JVs ----------------400.00K---533.00K233.25%-57.00K89.31%1.71M3107.02%593.00K65.40% Profit before tax ----------------205.05M--324.71M58.35%727.50M124.05%420.82M42.15%497.93M18.32% Net profit ----------------160.90M--251.32M56.19%547.34M117.79%327.88M40.10%373.77M14.00% Net profit attributable to owners ----------------159.37M--247.21M55.11%467.35M89.05%323.48M30.78%358.91M10.95%

Revenue 1.82B--2.16B18.34% Other income and gains 3.98M--3.80M4.57% Cost of sales 1.36B--1.65B21.20% Gross profit 458.67M--503.77M9.83% Selling and distribution expenses 3.31M--10.87M228.70% Administrative expenses 197.68M--194.10M1.81% Net finance costs 45.01M--40.69M9.60% Income tax 73.74M--82.03M11.25% Share of associates and JVs 164.00K--169.00K3.05% Profit before tax 295.08M--328.32M11.27% Net profit 221.34M--246.29M11.27% Net profit attributable to owners 216.03M--240.17M11.17%

Cash and cash equivalents ----------------2.26B--2.70B19.53%2.95B9.22%2.89B1.95%3.41B17.95% Trade and bills receivables ----------------201.47M--358.10M77.75%541.76M51.29%662.70M22.32%799.91M20.71% Inventories ----------------12.26M--39.60M223.02%44.99M13.61%63.75M41.69%66.47M4.27% Total current assets ----------------2.51B--3.16B25.71%3.61B14.21%3.69B2.23%4.32B17.08% Total assets ----------------2.61B--3.31B26.56%3.80B15.02%3.87B1.89%4.57B17.91% Total current liabilities ----------------1.57B--2.01B28.05%1.91B4.99%2.02B6.03%2.40B18.97% Total liabilities ----------------1.58B--2.03B28.61%1.97B3.07%2.06B4.71%2.51B21.64% Equity attributable to owners ----------------1.01B--1.25B23.17%1.73B38.56%1.76B2.09%2.01B13.88% Total equity ----------------1.03B--1.27B23.41%1.83B43.92%1.81B1.15%2.06B13.66%

Cash and cash equivalents ----3.25B-- Trade and bills receivables ----1.16B-- Inventories ----61.22M-- Total current assets ----4.51B-- Total assets ----4.77B-- Total current liabilities ----2.61B-- Total liabilities ----2.72B-- Equity attributable to owners ----2.00B-- Total equity ----2.05B--

Net cash from operating activities ----------------886.53M--495.75M44.08%185.53M62.58%265.15M42.92%598.94M125.88% Net cash from investing activities -----------------3.50M--5.91M268.90%20.76M251.44%66.97M222.55%93.53M39.66% Net cash from financing activities ----------------492.26M---59.98M112.19%42.99M171.66%-389.69M1006.54%-172.87M55.64% Net change in cash ----------------1.38B--441.67M67.88%249.28M43.56%-57.56M123.09%519.60M1002.68%

Net cash from operating activities 90.40M--45.80M49.34%