BOC AVIATION 02588·

Gross margin --------------------------------107.08%--105.27%1.81%104.35%0.91%103.70%0.65%106.28%2.58% Net margin --------------------------------29.43%--1.10%28.33%38.58%37.48%44.70%6.11%36.44%8.26% ROE 14.38%--14.72%0.34%14.07%0.65%--------------------10.66%--0.39%10.27%13.29%12.90%14.52%1.23%11.51%3.01% ROA 2.73%--2.71%0.02%2.75%0.05%--------------------2.35%--0.09%2.26%3.16%3.07%3.69%0.53%2.99%0.70% Revenue growth ------------------------------------4.54%--10.32%5.78%5.92%4.40%2.23%3.69% Attributable profit growth ----11.37%--11.26%0.12%-------------------------96.10%--3772.66%3868.76%22.71%3749.95%-16.65%39.36% Debt-to-assets 81.02%--81.62%0.60%80.44%1.17%--------------------77.95%--76.43%1.52%76.22%0.21%74.60%1.61%74.03%0.58% Current ratio 0.63--0.370.260.620.25--------------------0.30--0.310.010.240.070.590.350.390.20 Operating cash flow / net profit 3.03--3.120.093.240.12--------------------3.21--100.1396.912.9997.142.780.213.730.95 Operating cash flow / revenue --------------------------------94.61%--110.05%15.44%115.31%5.27%124.19%8.88%135.99%11.80%

Net margin 27.50%--27.50%0.00% Revenue growth ----4.45%-- Attributable profit growth ----4.45%-- Debt-to-assets ----74.73%-- Current ratio ----0.53-- Operating cash flow / net profit 4.08--3.420.66 Operating cash flow / revenue 112.22%--94.12%18.10%

Revenue --------------------------------12.16B--12.71B4.54%14.02B10.32%14.85B5.92%15.19B2.23% Other income and gains --------------------------------620.10M--2.24B261.54%2.25B0.23%2.13B5.06%771.99M63.81% Gross profit --------------------------------13.02B--13.38B2.77%14.63B9.36%15.40B5.26%16.14B4.77% Selling and distribution expenses --------------------------------5.81M--35.23M506.50%43.36M23.09%44.32M2.21%44.06M0.57% Administrative expenses --------------------------------438.03M--342.12M21.90%479.79M40.24%578.77M20.63%613.03M5.92% Net finance costs --------------------------------2.97B--3.37B13.55%4.51B33.80%5.11B13.28%5.19B1.57% Income tax --------------------------------493.16M--65.72M86.67%684.58M941.69%831.36M21.44%1.05B25.70% Operating profit --------------------------------7.04B--3.57B49.22%10.60B196.65%12.58B18.62%11.76B6.46% Profit before tax --------------------------------4.07B--205.43M94.96%6.10B2867.01%7.47B22.57%6.58B11.94% Net profit 277.06M--308.57M11.37%343.31M11.26%--------------------3.58B--139.71M96.10%5.41B3772.66%6.64B22.71%5.53B16.65% Net profit attributable to owners --------------------------------3.58B--139.71M96.10%5.41B3772.66%6.64B22.71%5.53B16.65%

Revenue 1.24B--1.30B4.45% Other income and gains 49.03M--20.97M57.23% Cost of sales 836.28M--865.73M3.52% Selling and distribution expenses 3.45M--4.47M29.59% Administrative expenses 23.98M--20.62M14.00% Net finance costs 365.64M--376.66M3.01% Income tax 64.07M--74.64M16.50% Profit before tax 405.58M--431.34M6.35% Net profit 341.50M--356.69M4.45% Net profit attributable to owners 341.50M--356.69M4.45%

Cash and cash equivalents 82.73M--155.20M87.61%269.42M73.59%--------------------1.52B--627.92M58.60%592.67M5.61%1.82B207.85%603.39M66.93% Trade and bills receivables 55.00K--4.78M8596.36%400.00K91.64%--------------------300.30M--452.23M50.59%131.62M70.89%142.40M8.19%81.77M42.58% Total current assets 552.98M--385.73M30.25%753.81M95.42%--------------------4.29B--5.89B37.25%5.89B0.02%12.47B111.80%6.80B45.45% Total assets 10.15B--11.40B12.36%12.47B9.39%--------------------152.25B--153.72B0.97%171.19B11.36%180.09B5.20%185.13B2.80% Total current liabilities 874.26M--1.04B19.47%1.22B16.36%--------------------14.06B--18.94B34.67%24.09B27.23%21.06B12.61%17.35B17.59% Total liabilities 8.22B--9.31B13.19%10.03B7.82%--------------------118.67B--117.49B1.00%130.47B11.05%134.35B2.98%137.04B2.00% Equity attributable to owners 1.93B--2.10B8.81%2.44B16.38%--------------------33.57B--36.23B7.91%40.71B12.38%45.74B12.33%48.08B5.13% Total equity 1.93B--2.10B8.81%2.44B16.38%--------------------33.57B--36.23B7.91%40.71B12.38%45.74B12.33%48.08B5.13%

Cash and cash equivalents ----318.76M-- Trade and bills receivables ----86.52M-- Total current assets ----908.38M-- Total assets ----27.81B-- Total current liabilities ----1.70B-- Total liabilities ----20.79B-- Equity attributable to owners ----7.03B-- Total equity ----7.03B--

Net cash from operating activities 838.65M--961.67M14.67%1.11B15.68%--------------------11.50B--13.99B21.60%16.17B15.60%18.45B14.08%20.65B11.94% Net cash from investing activities -1.59B---1.83B14.95%-1.32B27.88%---------------------6.73B--1.34B119.98%-19.85B1576.16%-9.25B53.40%-18.95B104.89% Net cash from financing activities 638.31M--596.16M6.60%344.42M42.23%---------------------4.28B---15.98B273.17%3.67B122.99%-7.19B295.73%-3.61B49.75% Net change in cash -112.32M---269.08M139.56%139.25M151.75%--------------------493.03M---647.51M231.33%-651.61K99.90%2.01B308449.26%-1.91B194.99%

Net cash from operating activities 1.39B--1.22B12.40% Net cash from investing activities -1.24B---1.98B60.38% Net cash from financing activities -296.21M--679.75M329.48% Net change in cash -138.10M---81.03M41.32%