BAY AREA DEV-R 80737·

Gross margin ------------------------------------------------------------41.97%--24.05%17.92%31.84%7.79%39.23%7.38%39.07%0.15% Net margin ------------------------------------------------------------133.42%--41.38%92.04%67.55%26.18%67.98%0.42%75.01%7.03% ROE ------------------------------------------------------------8.51%--6.14%2.37%11.12%4.98%10.13%0.99%10.06%0.07% ROA ------------------------------------------------------------5.55%--2.67%2.88%5.14%2.47%4.67%0.47%4.42%0.25% Revenue growth ----------------------------------------------------------------28.72%--19.64%9.08%-6.91%26.55%-10.58%3.67% Attributable profit growth -----------------------------------------------------------------60.84%--89.71%150.56%-12.79%102.50%1.44%14.22% Debt-to-assets ------------------------------------------------------------21.60%--39.56%17.96%37.94%1.62%40.33%2.39%41.17%0.84% Current ratio ------------------------------------------------------------1.58--0.790.790.510.280.410.100.490.08 Operating cash flow / net profit -------------------------------------------------------------0.77--0.271.040.730.470.950.220.970.02 Operating cash flow / revenue -------------------------------------------------------------103.17%--11.04%114.21%49.52%38.48%64.69%15.17%72.60%7.91%

Gross margin 42.49%--41.65%--38.56%3.93%39.27%2.38% Net margin 79.69%--82.05%--86.10%6.41%81.77%0.28% Revenue growth --------8.33%--8.53%-- Attributable profit growth --------21.09%--9.13%-- Debt-to-assets --------41.82%--40.52%-- Current ratio --------0.69--0.63-- Operating cash flow / net profit ----0.87------1.110.23 Operating cash flow / revenue ----71.52%------90.42%18.91%

Revenue ------------------------------------------------------------613.51M--789.70M28.72%944.78M19.64%879.49M6.91%786.41M10.58% Other income and gains ------------------------------------------------------------110.37M--83.68M24.18%37.83M54.80%29.88M21.00%36.28M21.42% Gross profit ------------------------------------------------------------257.47M--189.89M26.25%300.82M58.42%344.98M14.68%307.26M10.93% Administrative expenses ------------------------------------------------------------42.30M--77.92M84.18%72.49M6.97%57.77M20.31%68.14M17.96% Net finance costs ------------------------------------------------------------24.17M--85.11M252.16%171.92M102.01%175.02M1.80%126.64M27.64% Income tax ------------------------------------------------------------159.33M--122.49M23.12%132.04M7.80%118.06M10.59%112.63M4.60% Operating profit ------------------------------------------------------------345.27M--180.77M47.64%250.90M38.79%305.68M21.83%272.05M11.00% Share of associates and JVs ------------------------------------------------------------656.76M--353.56M46.17%691.30M95.52%585.26M15.34%557.11M4.81% Profit before tax ------------------------------------------------------------977.86M--449.23M54.06%770.27M71.47%715.92M7.06%702.52M1.87% Net profit ------------------------------------------------------------818.53M--326.74M60.08%638.23M95.33%597.86M6.33%589.89M1.33% Net profit attributable to owners ------------------------------------------------------------711.43M--278.57M60.84%528.48M89.71%460.92M12.79%467.53M1.44%

Revenue 371.09M--581.10M--401.99M8.33%630.65M8.53% Other income and gains 19.18M--25.40M--19.44M1.36%26.76M5.36% Cost of sales 213.43M--339.09M--246.99M15.72%383.00M12.95% Gross profit 157.66M--242.01M--155.01M1.69%247.65M2.33% Administrative expenses 27.90M--41.84M--25.22M9.61%39.63M5.29% Net finance costs 71.69M--97.59M--49.42M31.06%72.21M26.01% Income tax 59.30M--89.06M--49.89M15.87%81.48M8.51% Share of associates and JVs 276.79M--438.34M--287.86M4.00%429.87M1.93% Profit before tax 355.04M--565.85M--396.02M11.54%597.14M5.53% Net profit 295.74M--476.79M--346.13M17.04%515.66M8.15% Net profit attributable to owners 234.03M--380.95M--283.39M21.09%415.72M9.13%

Cash and cash equivalents ----------------------------------------------------------------474.01M--483.62M2.03%733.29M51.63%857.08M16.88% Trade and bills receivables ------------------------------------------------------------657.81M--322.13M51.03%168.54M47.68%290.25M72.22%158.41M45.42% Inventories ------------------------------------------------------------527.00K--427.00K18.98%212.00K50.35%228.00K7.55%241.00K5.70% Total current assets ------------------------------------------------------------3.15B--1.47B53.17%1.18B19.88%1.46B23.71%1.93B32.37% Total assets ------------------------------------------------------------14.74B--12.22B17.11%12.41B1.58%12.80B3.13%13.34B4.23% Total current liabilities ------------------------------------------------------------2.00B--1.88B6.04%2.33B24.37%3.55B52.37%3.96B11.37% Total liabilities ------------------------------------------------------------3.18B--4.83B51.81%4.71B2.57%5.16B9.62%5.49B6.39% Equity attributable to owners ------------------------------------------------------------8.36B--4.54B45.75%4.75B4.74%4.55B4.23%4.65B2.10% Total equity ------------------------------------------------------------11.56B--7.39B36.10%7.70B4.30%7.64B0.83%7.85B2.77%

Cash and cash equivalents --------1.69B--884.34M-- Trade and bills receivables --------132.50M--124.85M-- Inventories --------169.00K--157.00K-- Total current assets --------3.18B--2.65B-- Total assets --------14.37B--13.88B-- Total current liabilities --------4.60B--4.20B-- Total liabilities --------6.01B--5.62B-- Equity attributable to owners --------5.12B--4.97B-- Total equity --------8.36B--8.25B--

Net cash from operating activities -------------------------------------------------------------632.98M--87.18M113.77%467.85M436.66%568.94M21.61%570.96M0.35% Net cash from investing activities ------------------------------------------------------------725.18M--310.00M57.25%234.53M24.34%47.65M79.68%-232.85M588.72% Net cash from financing activities ------------------------------------------------------------42.84M---1.78B4265.60%-696.19M60.99%-366.89M47.30%-210.08M42.74% Net change in cash ------------------------------------------------------------135.05M---1.39B1127.44%6.20M100.45%249.69M3925.99%128.02M48.73%

Net cash from operating activities ----415.57M------570.25M37.22% Net cash from investing activities ----37.80M-------462.10M1322.52% Net cash from financing activities -----231.09M-------82.51M64.30% Net change in cash ----222.28M------25.64M88.46%