NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS
%XLOGLQJ 8S )XQGDPHQWDOV r DQQXDO UHSRUW
FOR THE FINANCIAL YEAR ENDED31DECEMBER 2015
Notice of Annual General Meeting
Statistics of Shareholdings
Financial Contents
Corporate Governance Report
6XPPDU\ RI VLJQLƭFDQW DFFRXQWLQJ SROLFLHV FRQWoG
2.18 Taxes (cont’d)
E 'HIHUUHG WD[ FRQWoG
'HIHUUHG WD[ OLDELOLWLHV DUH UHFRJQLVHG IRU DOO WHPSRUDU\ GLƫHUHQFHV H[FHSW
ZKHUH WKH GHIHUUHG WD[ OLDELOLW\ DULVHV IURP WKH LQLWLDO UHFRJQLWLRQ RI JRRGZLOO RU RI DQ DVVHW RU
OLDELOLW\ LQ D WUDQVDFWLRQ WKDW LV QRW D EXVLQHVV FRPELQDWLRQ DQG DW WKH WLPH RI WKH WUDQVDFWLRQ
DƫHFWV QHLWKHU WKH DFFRXQWLQJ SURƭW QRU WD[DEOH SURƭW RU ORVV DQG
LQ UHVSHFW RI WD[DEOH WHPSRUDU\ GLƫHUHQFHV DVVRFLDWHG ZLWK LQYHVWPHQWV LQ VXEVLGLDULHV DVVRFLDWHV
DQG LQWHUHVWV LQ MRLQW YHQWXUHV ZKHUH WKH WLPLQJ RI WKH UHYHUVDO RI WKH WHPSRUDU\ GLƫHUHQFHV FDQ
EH FRQWUROOHG DQG LW LV SUREDEOH WKDW WKH WHPSRUDU\ GLƫHUHQFHV ZLOO QRW UHYHUVH LQ WKH IRUHVHHDEOH
IXWXUH
'HIHUUHG WD[ DVVHWV DUH UHFRJQLVHG IRU DOO GHGXFWLEOH WHPSRUDU\ GLƫHUHQFHV FDUU\ IRUZDUG RI XQXVHG WD[
FUHGLWV DQG XQXVHG WD[ ORVVHV WR WKH H[WHQW WKDW LW LV SUREDEOH WKDW WD[DEOH SURƭW ZLOO EH DYDLODEOH DJDLQVW
ZKLFK WKH GHGXFWLEOH WHPSRUDU\ GLƫHUHQFHV DQG WKH FDUU\ IRUZDUG RI XQXVHG WD[ FUHGLWV DQG XQXVHG WD[
ORVVHV FDQ EH XWLOLVHG H[FHSW
ZKHUH WKH GHIHUUHG WD[ DVVHW UHODWLQJ WR WKH GHGXFWLEOH WHPSRUDU\ GLƫHUHQFH DULVHV IURP WKH LQLWLDO
UHFRJQLWLRQ RI DQ DVVHW RU OLDELOLW\ LQ D WUDQVDFWLRQ WKDW LV QRW D EXVLQHVV FRPELQDWLRQ DQG DW WKH
WLPH RI WKH WUDQVDFWLRQ DƫHFWV QHLWKHU WKH DFFRXQWLQJ SURƭW QRU WD[DEOH SURƭW RU ORVV DQG
LQ UHVSHFW RI GHGXFWLEOH WHPSRUDU\ GLIIHUHQFHV DVVRFLDWHG ZLWK LQYHVWPHQWV LQ VXEVLGLDULHV
DVVRFLDWHV DQG LQWHUHVWV LQ MRLQW YHQWXUHV GHIHUUHG WD[ DVVHWV DUH UHFRJQLVHG RQO\ WR WKH H[WHQW
WKDW LW LV SUREDEOH WKDW WKH WHPSRUDU\ GLƫHUHQFHV ZLOO UHYHUVH LQ WKH IRUHVHHDEOH IXWXUH DQG WD[DEOH
SURƭW ZLOO EH DYDLODEOH DJDLQVW ZKLFK WKH WHPSRUDU\ GLƫHUHQFHV FDQ EH XWLOLVHG
7KH FDUU\LQJ DPRXQW RI GHIHUUHG WD[ DVVHW LV UHYLHZHG DW WKH HQG RI HDFK UHSRUWLQJ SHULRG DQG UHGXFHG WR
WKH H[WHQW WKDW LW LV QR ORQJHU SUREDEOH WKDW VXưFLHQW WD[DEOH SURƭW ZLOO EH DYDLODEOH WR DOORZ DOO RU SDUW RI
WKH GHIHUUHG WD[ DVVHW WR EH XWLOLVHG 8QUHFRJQLVHG GHIHUUHG WD[ DVVHWV DUH UHDVVHVVHG DW WKH HQG RI HDFK
UHSRUWLQJ SHULRG DQG DUH UHFRJQLVHG WR WKH H[WHQW WKDW LW KDV EHFRPH SUREDEOH WKDW IXWXUH WD[DEOH SURƭW
ZLOO DOORZ WKH GHIHUUHG WD[ DVVHW WR EH UHFRYHUHG
'HIHUUHG WD[ DVVHWV DQG OLDELOLWLHV DUH PHDVXUHG DW WKH WD[ UDWHV WKDW DUH H[SHFWHG WR DSSO\ LQ WKH \HDU
ZKHQ WKH DVVHW LV UHDOLVHG RU WKH OLDELOLW\ LV VHWWOHG EDVHG RQ WD[ UDWHV DQG WD[ ODZV WKDW KDYH EHHQ
HQDFWHG RU VXEVWDQWLYHO\ HQDFWHG DW WKH HQG RI HDFK UHSRUWLQJ SHULRG
'HIHUUHG WD[ UHODWLQJ WR LWHPV UHFRJQLVHG RXWVLGH SURILW RU ORVV LV UHFRJQLVHG RXWVLGH SURILW RU
ORVV 'HIHUUHG WD[ LWHPV DUH UHFRJQLVHG LQ FRUUHODWLRQ WR WKH XQGHUO\LQJ WUDQVDFWLRQ HLWKHU LQ RWKHU
FRPSUHKHQVLYH LQFRPH RU GLUHFWO\ LQ HTXLW\ DQG GHIHUUHG WD[ DULVLQJ IURP D EXVLQHVV FRPELQDWLRQ LV
DGMXVWHG DJDLQVW JRRGZLOO RQ DFTXLVLWLRQ
