廣深 – 廣坪 – 廣九
列車途徑主要站點分布圖
8,459.87
4,505.05
3,578.41
376.41
26,788.80
2012
6,267.11
2,137.28
4,129.83
14,620.50
2012
廣 深 鐵 路 2012 年 年 度 報 告
12 2013 3 26
2012 12 31 7,083,537,000
2012 0.08
566,682,960 2013 5 23
2012
011
013
017
020
038
043
053
063
073
074
190
2012 1 1 12 31 12
2011 1 1 12 31 12
A
1.00
1.00
H
(Trustee)
ADS
50 H
571
/
2013 3 10
011
012
1
Guangshen Railway Company Limited
2
1052
86 755-25588150
86 755-25591480
ir@gsrc.com
3
1052
518010
http://www.gsrc.com
ir@gsrc.com
4
http://www.sse.com.cn
http://www.hkexnews.hk
http://www.gsrc.com
1052
013
5
A 601333
H 00525
ADS — GSH
6
1
2 2006
3
4
7
202 2 11
22
2 21
1 39
15 12
A
166 36
H
183 17 1712 1716
4 13
1 4
014
1996 3 6
1996 5 H 2006 12 A
— — 481.2
—
2012 12 31 233.5
105 19 13 11 1 1 115.5
10 1
2009 12
2007
015
016
1
2012 2011 (%) 2010
15,091,886,001 14,690,835,167 2.73 13,484,448,180
1,318,936,606 1,804,107,882 (26.89) 1,555,890,792
1,387,898,613 1,907,573,897 (27.24) 1,633,652,537
2,345,320,911 3,496,705,031 (32.93) 3,528,235,309
2012 2011 (%) 2010
25,945,189,635 25,334,606,729 2.41 24,168,017,177
32,867,182,080 32,207,348,156 2.05 30,604,499,884
2
2012 2011 % 2010
0.19 0.25 (24.00) 0.22
0.19 0.25 (24.00) 0.22
0.20 0.27 (25.93) 0.23
(%) 5.16 7.29 2.13 6.57
5.43 7.71 2.28 6.90
(%)
%
017
018
2012 2011 2010
1 (90,024,262) (129,153,017) (95,848,816)
2 3,134,241 66,106 536,552
3 3,638,447 4,010,982 5,493,241
4 (6,167,768) (2,756,590) (7,158,784)
5 20,519,081 24,375,136 19,232,195
6 (61,746) (8,632) (16,133)
(68,962,007) (103,466,015) (77,761,745)
019
2012
1
2012
GDP 7.8%
18.93 4.8% 38.92
8,459.87 2,137.28 150.92
13.19 0.19
2012
6 6
2011 2012
2012
0.08 42.11% 2012 2013 5 23
020
2
2013
2012
2013 3 26
021
2012 150.92 146.91 2.73%
78.41 13.44 48.91 10.16
51.95% 8.91% 32.41% 6.73% 18.48 25.06
26.28 13.19 18.04 26.89
1
(%)
15,091,886,001 14,690,835,167 2.73
11,770,920,007 10,727,775,850 9.72
1,085,598,822 950,372,022 14.23
— 29,515,305 88,371,235 (66.60)
2,345,320,911 3,496,705,031 (32.93)
(2,160,892,972) (3,983,621,251) (45.76)
(876,171,853) (805,385,119) 8.79
022
2
(1)
2012 12 31
233.5 105 19 13
11 1 1 115.5
2012 2011 %
7,841,090,787 8,026,512,295 (2.31)
— 2,373,603,654 2,606,543,961 (8.94)
— 480,223,336 461,034,860 4.16
— 4,987,263,797 4,958,933,474 0.57
84,598,653 90,827,938 (6.86)
— 35,784,133 39,046,241 (8.35)
— 3,764,122 3,663,328 2.75
— 45,050,398 48,118,369 (6.38)
— 66.33 66.76 (0.64)
— 127.58 125.85 1.37
—
— 26,788,800,000 28,523,993,000 (6.08)
— 0.29 0.28 3.57
(1)
(2) 2012
(3)
023
(2)
-- --
2012 2011 %
1,344,113,255 1,386,753,009 (3.07)
— 461,792,700 417,148,899 10.70
— 831,916,546 913,564,224 (8.94)
— 50,404,009 56,039,886 (10.06)
62,671,108 68,702,788 (8.78)
— 21,372,843 22,331,366 (4.29)
— 41,298,265 46,371,422 (10.94)
21.45 20.18 6.29
— 21.61 18.68 15.69
— 20.14 19.70 2.23
— 14,620,500,000 15,519,097,000 (5.79)
— 0.09 0.09 —
(1)
(2)
024
(3)
2012 2011 %
4,890,639,998 4,255,995,409 14.91
(1) 3,474,241,302 3,254,511,416 6.75
— 1,549,459,970 1,413,007,929 9.66
— 1,059,938,819 1,021,080,360 3.81
— 337,928,100 313,791,771 7.69
— 326,567,693 302,359,373 8.01
— 200,346,720 204,271,983 (1.92)
(2) 1,078,244,830 717,280,000 50.32
(3) 338,153,866 284,203,993 18.98
(1) (2)
(1) (2) 2011 12 26
(4)
2012 10.16 10.22 0.54%
(5)
5 134.65 89.20%
025
3
(1)
2012 (%) 2011 (%) (%)
4,077,313,941 37.24 3,658,008,278 36.98 11.46
2,673,452,505 24.42 2,286,174,514 23.11 16.94
1,532,558,790 14.00 1,530,658,641 15.47 0.12
1,350,726,392 12.33 1,335,417,130 13.50 1.15
696,771,536 6.36 647,011,074 6.54 7.69
93,090,000 0.85 115,190,000 1.17 (19.19)
525,807,249 4.80 319,608,348 3.23 64.52
10,949,720,413 100.00 9,892,067,985 100.00 10.69
317,738,070 38.69 391,672,705 46.87 (18.88)
363,866,300 44.31 325,353,872 38.93 11.84
22,940,693 2.79 23,989,901 2.87 (4.37)
116,654,531 14.21 94,691,387 11.33 23.19
821,199,594 100.00 835,707,865 100.00 (1.74)
11,770,920,007 — 10,727,775,850 — 9.72
(a)
(b)2012
(c) 2012
(d)
2
5 41.14 32.50%
026
4
2012 2011 (%)
372,880,709 401,263,002 (7.07) —
1,085,598,822 950,372,022 14.23
— 29,515,305 88,371,235 (66.60)
441,150,803 575,964,813 (23.41)
5
2012
2012 2011 %
2,345,320,911 3,496,705,031 (32.93)
(2,160,892,972) (3,983,621,251) (45.76)
(876,171,853) (805,385,119) 8.79 —
027
1
% % %
14,075,844,040 10,949,720,413 22.21 2.97 10.69 (5.42)
1,016,041,961 821,199,594 19.18 (0.54) (1.74) 0.98
15,091,886,001 11,770,920,007 22.00 2.73 9.72 (4.97)
2
%
15,091,886,001 2.73
1
2012 2011
12 31 (%) 12 31 (%) (%)
999,924,979 3.04 613,999,414 1.91 62.85
437,296,646 1.33 330,735,914 1.03 32.22
679,528,374 2.07 911,962,483 2.83 (25.49)
40,120,184 0.12 1,800,204 0.01 2128.65
49,335,885 0.15 16,985,930 0.05 190.45
028
20.91%
2
1
7
2
3
029
4
3,800 8,531.49 8,425.96 (369.51)
1,850 4,961.97 2,854.56 766.35
1,000 2,737.30 943.69 3.34
300 251.65 455.45 51.01
300 460.46 (563.57) 182.31
240 141.54 332.30 (8.55)
200 886.79 332.53 142.78
200 2,034.53 (1,806.68) (1,282.37)
150 495.21 220.38 ( 8.67)
102 1,232.93 620.42 234.67
100 882.34 859.08 (55.77)
030
37.90 345.06 327.69 1.23
* 10,705.47 13,870.87 (26,567.38) (429.11)
34,305 44,630.98 19,304.84 1,786.87
6,400 67,110.60 8,618.88 438.82
*
5
CRH1A-200 2 26,505 26,505 26,505
25T 24,000 23,750 23,750
165km 23,079 87% 20,045 20,045
16,730 60% 13,406 13,406
263
61,888 15,141 57,360
031
2013 3
10,360
18
2008 2012
032
2013
2013 3 26 12 2013 9,065
2,170
(1)
(2)
(3)
(4)
033
2013
18.66
1 - -
2
3
4
5
034
1996
2011 2011 10
1.00 708,353,700
10
(*) (%)
2012 0.80 566,682,960 1,318,936,606 42.97
2011 1.00 708,353,700 1,804,107,882 39.26
2010 0.90 637,518,330 1,555,890,792 40.97
*
2012 2012 12 31 7,083,537,000
2012 0.08 566,682,960 2013 5 23
2012
035
A 2012 2012
A
H 2012 2013 6 3 H 2013 5
29 2013 6 3 H H
2013 5 28 H
183 17 1712 1716 H 2012
H 2013 3 26 2012
2013 5 23 2012
2012
2012
http://www.sse.com.cn http://www.hkexnews.hk
http://www.gsrc.com 2012
1
2
3
8
036
4
27
5
26
6
7
8
1 (a)
9
037
038
1
%
1,238,430,995 36
352,973,306 4
278,669,067 26
653,787,134 14
93,090,000 28
240,760,992 34
287,902,576 25
1,578,108,480 41
0.3%-5% 766,309,116 41
11,218,474 10
54,800,000 100
2004 11 15 2007 1 1
20
7,400 2012 5,480
2010 10 27 — 2013 12
31 2010 12 21 2010
2011 2013
039
2
3
4
5
6
7
908 — 908
1,377 29 1,406
— 3 3
2,285 32 2,317
—
—
040
1
10 10
2
3
1
2
041
175
5
565
10
30
100
5%
042
1
(%) (%)
274,798,700 3.88 -274,798,700 -274,798,700 — —
1 274,798,700 3.88 -274,798,700 -274,798,700 — —
6,808,738,300 96.12 +274,798,700 +274,798,700 7,083,537,000 100.00
1 5,377,438,300 75.91 +274,798,700 +274,798,700 5,652,237,000 79.79
2 1,431,300,000 20.21 — — 1,431,300,000 20.21
7,083,537,000 100.00 — — 7,083,537,000 100.00
2012 12 24 2009 9 22
274,798,700
2
274,798,700 274,798,700 — 2012 12 24
274,798,700 274,798,700 — — —
043
1 3
2
3
1
368,671 A 368,128 H 543
367,075 A 366,575 H 500
044
2 10
(%)
2,629,451,300 37.12 —
HKSCC NOMINEES LIMITED 1,380,970,831 19.50 —
274,798,700 3.88 —
54,640,992 0.77 —
50,776,147 0.72 —
50,751,519 0.72 —
44,508,944 0.63 —
300
22,399,100 0.32 —
22,089,020 0.31 —
— — — 005L —
FH002 18,268,383 0.26 —
045
2,629,451,300 A 2,629,451,300
HKSCC NOMINEES LIMITED 1,380,970,831 H 1,380,970,831
274,798,700 A 274,798,700
— 54,640,992 A 54,640,992
50,776,147 A 50,776,147
— 50,751,519 A 50,751,519
— 44,508,944 A 44,508,944
— 300 22,399,100 A 22,399,100
— — 22,089,020 A 22,089,020
— — — 005L — FH002 18,268,383 A 18,268,383
300
HKSCC NOMINEES LIMITED H 1,380,970,831 H
96.48
046
3 571
XV 336
% %
A 2,629,451,300(L) 46.52(L) 37.12(L)
FIL Limited H 158,256,000(L) 11.06(L) 2.23(L)
Hillhouse Capital Management, Ltd. H 86,286,000(L) 6.03(L) 1.22(L)
Gaoling Fund, L.P. H 86,026,000(L) 6.01(L) 1.21(L)
The Bank of New York Mellon Corporation H 85,213,884(L) 5.95(L) 1.20(L)
62,115,684(P) 4.34(P) 0.88(P)
Credit Suisse Group AG H 84,921,007(L) 5.93(L) 1.20(L)
56,636,164(S) 3.96(S) 0.80(S)
(L) (S) (P)
4
1
1992 12 5 19034882-4 6,512,704
2
047
3
100% 37.12%
5 10 10%
10%
6
048
49 2012 1 31 — — 43.60
2011 11 10 2012 1 30
57 2011 6 2 — 52.6 —
2008 10 10
47 2012 5 22 — — 35.06
53 2011 6 2 — — 34.97
52 2011 6 2 — — 42.19
48 2011 6 2 — 42.6 —
59 2011 6 2 — 13.7 —
39 2011 6 2 — 13.7 —
43 2011 6 2 — 11.2 —
57 2011 6 2 — — 35.27
46 2011 6 2 — — 26.16
44 2011 6 2 — — 22.48
51 2011 6 2 — — 19.74
49 2011 6 2 — 29.2 —
46 2011 6 2 — 21.3 —
52 2009 2 23 42.6 —
47 2010 12 28 42.4 —
2004 1 6
44 2008 12 19 42.3 —
57 2012 1 31 2012 5 21 — —
2011 6 2 2012 1 30
— — — — — 311.6 259.47
1
2
3 2012 5 22 2011
053
054
49 2011 11
2007
2007 1 2009 8 2009 9 2011
5 2011 6 2011 11
2011 12
57 2008 10
2008 10
47 2012 5
2004 6
2004 6 2007 3 2007 4 2007 5
53 2008 6
2008 4
2008 4
52 2009 6 2006 12
2006 12 2012 3 2012 4
055
48 2008 12
2006 4
2006 4 2008 10 2008 11 2010 4 2010
5
59 2011 6
6
39 2011 6 1999
2000 2002 2006
6 2011 1
43 2011 6 1989
1997 7 2007 7 1989 8 1994 2
1994 3 1996 5
2002 10 2004 4
57 2010 6 1977
2010 3
056
46 2008 6
2006 4
2006 4 2008 5
2008 6
44 2011 6 2011 3
2011 3
51 2005 5
1996
1996 2005 3 2005 4
49 1992
2001 2009 3 2010 6
46 2007
2007 2012 10
2012 11 2011 6
057
52 2009 2
1981 2000 5 2009
1 2009 2
47 1991
2004 1
2004 1 2010 11 2010 12
44 1990 6
2006 3
2006 3 2008 11 2008 12
1
2011 12
2011 6
2011 6 2011 11
2010 5 2011 11
2007 5
2008 4
2006 12 2012 3
2010 3
2008 6
2006 4
2011 3
2006 4
2012 11
058
2
571.07
1 2012 1 31 5
2 2012 5 22 2011
059
1
352
10
18
XV 2 3
2
3
060
1
34,573
182
14,583
4,302
2,850
3,711
1,373
1,762
1,037
222
4,173
560
34,573
72
2,101
6,211
26,189
34,573
061
2
2012 18
3
2012 512,884
100
4
062
1996 2006
[2007]39
063
2011 2012 5 22 2011 2011 2012 5 23
2011 www.sse.com.cn
2011 2012
2012 (www.hkexnews.hk)
2012 2012 9 27 2012 9 28
www.sse.com.cn
(www.hkexnews.hk)
064
6 6 100% 5 0 0 0
* 3 2 66.67% 2 1 0 0
6 6 100% 5 0 0 2 100%
* 3 3 100% 3 0 0 0
6 6 100% 5 0 0 2 100%
6 5 83.33% 5 1 0 0
6 6 100% 5 0 0 2 100%
6 6 100% 5 0 0 2 100%
6 5 83.33% 5 1 0 0
6 6 100% 5 0 0 2 100%
6
1
5
0
* 2012 5 22 2011
065
066
1
2
[2007]56
22
067
3
6 5 10
4
068
5
3.13
6
2012 1 31 5
2011 6 2 2010 10
15 2012
069
7
6
6 6 100
6 5 83.33
6 6 100
2012 2012 2012
070
8
2012
5
10
205 30
565 2012
25
9
2012
10
10% 10%
3% 3%
-
071
11
12
2012 12 31
4 3
072
2006 2002 - 404
2011
http://www.sse.com.cn http://www.hkexnews.hk
http://www.gsrc.com 2012
2012 12 31
http://www.sse.com.cn
http://www.hkexnews.hk http://www.gsrc.com 2012
073
(2013) 10058
2012 12 31
2012
(1)
(2)
202 2 11 200021
: +86 (21) 2323 8888, : +86 (21) 2323 8800, www.pwccn.com
074
(2013) 10058
2012
12 31 2012
2013 3 26
075
2012 12 31
2012 2011 2012 2011
12 31 12 31 12 31 12 31
(1) 4,849,012,987 5,052,756,901 4,827,459,146 5,030,991,781
100,000 — 100,000 —
(2), (1) 999,924,979 613,999,414 994,996,622 611,046,155
(4) 23,285,698 25,016,472 23,091,722 24,164,578
42,667,598 34,421,839 42,614,160 34,421,839
— 246,232 10,543,568 12,859,527
(3), (2) 81,434,796 84,752,069 120,596,673 106,737,816
(5) 437,296,646 330,735,914 429,931,018 323,913,839
6,433,722,704 6,141,928,841 6,449,332,909 6,144,135,535
(6) 30,862,516 34,107,905 30,862,516 34,107,905
(7), (3) 190,652,118 179,746,214 269,708,233 258,302,329
(8) 24,516,959,632 23,978,332,395 24,432,819,216 23,896,782,890
(9) 679,528,374 911,962,483 679,528,374 911,962,483
(10) 535,584,824 553,150,736 504,835,228 521,295,173
(11) 281,254,606 281,254,606 281,254,606 281,254,606
(12) 40,120,184 1,800,204 39,429,482 1,789,344
(13) 109,161,237 108,078,842 108,293,382 106,658,942
(14) 49,335,885 16,985,930 48,057,834 16,985,930
26,433,459,376 26,065,419,315 26,394,788,871 26,029,139,602
32,867,182,080 32,207,348,156 32,844,121,780 32,173,275,137
076
2012 12 31
2012 2011 2012 2011
12 31 12 31 12 31 12 31
(16) 2,046,704,132 1,878,869,958 2,033,469,556 1,868,581,592
(17) 83,489,465 108,329,233 82,952,447 106,897,059
(18) 332,567,827 342,224,556 326,929,129 332,507,475
(19) 396,263,171 483,660,798 392,613,855 478,121,725
(22) 6,889,726 6,889,726 6,889,726 6,889,726
(20) 15,381 25,151 15,381 25,151
(21) 426,876,960 425,349,728 471,352,341 477,456,620
3,292,806,662 3,245,349,150 3,314,222,435 3,270,479,348
(22) 3,485,472,862 3,478,568,304 3,485,472,862 3,478,568,304
(23) 92,863,667 96,022,114 92,863,667 96,022,114
3,578,336,529 3,574,590,418 3,578,336,529 3,574,590,418
6,871,143,191 6,819,939,568 6,892,558,964 6,845,069,766
(24) 7,083,537,000 7,083,537,000 7,083,537,000 7,083,537,000
(25) 11,564,580,548 11,564,580,548 11,564,461,609 11,564,461,609
(26) 2,402,265,642 2,269,094,527 2,402,265,642 2,269,094,527
(27) 4,894,806,445 4,417,394,654 4,901,298,565 4,411,112,235
25,945,189,635 25,334,606,729 25,951,562,816 25,328,205,371
(29) 50,849,254 52,801,859 — —
25,996,038,889 25,387,408,588 25,951,562,816 25,328,205,371
32,867,182,080 32,207,348,156 32,844,121,780 32,173,275,137
077
2012
2012 2011 2012 2011
(30), (4) 15,091,886,001 14,690,835,167 14,697,072,546 14,339,356,051
(30), (4) (11,770,920,007) (10,727,775,850) (11,467,873,878) (10,475,373,650)
(31) (372,880,709) (401,263,002) (355,045,477) (385,415,423)
(32) (1,085,598,822) (950,372,022) (1,011,343,061) (874,987,526)
— (33) (29,515,305) (88,371,235) (30,150,108) (88,928,764)
(34) (1,576,668) (26,405,266) (1,465,022) (26,405,266)
(35), (5) 16,159,656 9,522,101 26,703,222 22,157,174
10,905,904 5,259,101 10,905,904 5,259,101
1,847,554,146 2,506,169,893 1,857,898,222 2,510,402,596
(36) 8,563,729 10,751,721 8,349,142 10,700,502
(37) (97,983,071) (138,584,240) (97,865,260) (138,573,952)
(90,510,778) (131,112,545) (90,503,646) (131,111,741)
1,758,134,804 2,378,337,374 1,768,382,104 2,382,529,146
(38) (441,150,803) (575,964,813) (436,670,959) (571,154,409)
1,316,984,001 1,802,372,561 1,331,711,145 1,811,374,737
1,318,936,606 1,804,107,882 1,331,711,145 1,811,374,737
(1,952,605) (1,735,321) — —
(39) 0.19 0.25
(39) 0.19 0.25
— — — —
1,316,984,001 1,802,372,561 1,331,711,145 1,811,374,737
1,318,936,606 1,804,107,882 1,331,711,145 1,811,374,737
(1,952,605) (1,735,321) — —
078
2012
2012 2011 2012 2011
11,618,934,505 11,288,768,479 11,216,673,838 10,929,336,045
(40)(a) 54,252,379 156,748,966 35,448,030 159,537,235
11,673,186,884 11,445,517,445 11,252,121,868 11,088,873,280
(4,266,230,108) (3,489,219,778) (4,087,889,559) (3,354,345,012)
(4,001,000,207) (3,443,303,706) (3,815,655,395) (3,272,729,174)
(925,374,600) (867,587,862) (895,529,826) (841,879,270)
(40)(b) (135,261,058) (148,701,068) (128,364,442) (134,488,062)
(9,327,865,973) (7,948,812,414) (8,927,439,222) (7,603,441,518)
(41)(a), (6)(a) 2,345,320,911 3,496,705,031 2,324,682,646 3,485,431,762
41,071,080 557,316 40,951,269 556,867
5,499,984 4,263,000 18,113,277 18,201,862
— 144,338 — —
(40)(c) 116,688,000 32,302,945 116,490,000 32,060,578
163,259,064 37,267,599 175,554,546 50,819,307
(1,836,152,036) (943,388,850) (1,827,597,974) (939,589,190)
(40)(d) (488,000,000) (3,077,500,000) (488,000,000) (3,080,000,000)
(2,324,152,036) (4,020,888,850) (2,315,597,974) (4,019,589,190)
(2,160,892,972) (3,983,621,251) (2,140,043,428) (3,968,769,883)
(876,013,470) (805,218,354) (876,013,470) (805,183,012)
(40)(e) (158,383) (166,765) (158,383) (166,765)
(876,171,853) (805,385,119) (876,171,853) (805,349,777)
— — — —
(41)(b), (6)(b) (691,743,914) (1,292,301,339) (691,532,635) (1,288,687,898)
1,366,756,901 2,659,058,240 1,350,991,781 2,639,679,679
(41)(c) 675,012,987 1,366,756,901 659,459,146 1,350,991,781
079
2012
2011 1 1 7,083,537,000 11,564,580,548 — 2,087,957,053 3,431,942,576 54,558,527 24,222,575,704
2011
— — — — 1,804,107,882 (1,735,321) 1,802,372,561
— — — 181,137,474 (818,655,804) (21,347) (637,539,677)
(26) — — — 181,137,474 (181,137,474) — —
(27) — — — — (637,518,330) (21,347) (637,539,677)
2011 12 31 7,083,537,000 11,564,580,548 — 2,269,094,527 4,417,394,654 52,801,859 25,387,408,588
2012 1 1 7,083,537,000 11,564,580,548 — 2,269,094,527 4,417,394,654 52,801,859 25,387,408,588
2012
— — — — 1,318,936,606 (1,952,605) 1,316,984,001
— — — 131,171,115 (841,524,815) — (708,353,700)
(26) — — — 131,171,115 (133,171,115) — —
(27) — — — — (708,353,700) — (708,353,700)
— — — — — — —
(28) — — 134,265,214 — — — 134,265,214
(28) — — (134,265,214) — — — (134,265,214)
2012 12 31 7,083,537,000 11,564,580,548 — 2,402,265,642 4,894,806,445 50,849,254 25,996,038,889
080
2012
2011 1 1 7,083,537,000 11,564,461,609 — 2,087,957,053 3,418,393,302 24,154,348,964
2011
— — — — 1,811,374,737 1,811,374,737
— — — 181,137,474 (818,655,804) (637,518,330)
(26) — — — 181,137,474 (181,137,474) —
(27) — — — — (637,518,330) (637,518,330)
2011 12 31 7,083,537,000 11,564,461,609 — 2,269,094,527 4,411,112,235 25,328,205,371
2012 1 1 7,083,537,000 11,564,461,609 — 2,269,094,527 4,411,112,235 25,328,205,371
2012
— — — — 1,331,711,145 1,331,711,145
— — — 133,171,115 (841,524,815) (708,353,700)
(26) — — — 133,171,115 (133,171,115) —
(27) — — — — (708,353,700) (708,353,700)
— — — — — —
(28) — — 134,265,214 — — 134,265,214
(28) — — (134,265,214) — — (134,265,214)
2012 12 31 7,083,537,000 11,564,461,609 — 2,402,265,642 4,901,298,565 25,951,562,816
081
1996 3 6
1995[522]
—
1996 4 9 [1996]7 1,431,300,000
H 217,812,000 H 24,269,760
50 H 1996 5 14
2006 12 19 [2006]146
2,747,987,000 A
A
2007 1 1
10,169,924,967
1052 2012
2013 3 26
082
(1)
2006 2 15 — 38
15 —
2010
(2)
2012 2012 12 31
2012
(3)
1 1 12 31
(4)
(5)
(a)
(b)
083
(6)
(7)
(8)
084
(9)
(a)
(i)
(ii)
iii
10)
085
(9)
(a)
(iv)
(1)
(2)
(3)
(b)
086
(9)
(c)
(10)
(a)
700
(b)
087
(10)
(c)
1
2
1
2
100% 100%
(d)
088
(11)
(a)
(b)
(c)
(d)
(e)
(12)
089
(12)
(a)
(b)
090
(12)
(c)
(d)
(18)
091
(13)
(a)
092
(13)
(b)
* 20-40 4% 2.40%-4.8%
* 16-100 0%-4% 1.0%-6.00%
20 4% 4.8%
8-20 4% 4.80%-12.0%
4-25 0%-4% 3.84%-25.0%
*
(16) (2)
50
(2)
093
(13)
(c) (18)
(d)
(14)
(18)
(15)
3
094
(16)
(a)
36.5 50
(b)
5
(c)
(d)
(18)
095
(17)
(18)
(19)
096
(20)
(21)
097
(22)
(a)
(b)
(c)
(d)
(e)
098
(23)
(24)
099
(24)
(a)
(b)
(25)
(26)
100
(27)
(a) 1%
(b) 1.5%
(28)
(1)
(2)
(3)
101
(29)
(a)
10% 18,524,000
22,640,000 2011 18,357,000 22,437,000
(b)
(11)
(c)
(18)
(1)
(2)
(3)
102
(1)
(a)
2012 12 31 2011 12 31
2012 12 31 2011 12 31
60,909,972 106,053,754
38,637 261,260
233,872 244,301
61,182,481 106,559,315
2012 12 31
5% 3,057,000 2011
12 31 5,300,000
103
(1)
(b)
2012
2.86% 2011 2.12%
2012 12 31 2011 12 31
(22)
(c)
104
(1)
(d)
2012 12 31
2012 12 31
—
4,849,012,987 — — — 4,849,012,987
1,124,127,373 — — — 1,124,127,373
— — — 90,400,000 90,400,000
5,973,140,360 — — 90,400,000 6,063,540,360
—
2,480,486,199 — — — 2,480,486,199
167,650,000 3,660,760,274 — — 3,828,410,274
2,648,136,199 3,660,760,274 — — 6,308,896,473
105
(1)
(d)
2011 12 31
—
5,052,756,901 — — — 5,052,756,901
733,419,554 — — — 733,419,554
— — — 98,400,000 98,400,000
5,786,176,455 — — 98,400,000 5,884,576,455
—
2,311,134,563 — — — 2,311,134,563
167,650,000 167,650,000 3,660,760,274 — 3,996,060,274
2,478,784,563 167,650,000 3,660,760,274 — 6,307,194,837
106
(1)
(e)
(i)
2012 12 31
2012 12 31 2011 12 31
—
3,485,472,862 3,463,236,977 3,478,568,304 3,405,771,054
5.36% 2011 5.79%
(ii)
2012 12 31
107
(2)
2012 12 31 2011
12 31
2012 12 31 2011 12 31
(22) 3,485,472,862 3,478,568,304
(41)(c) (675,012,987) (1,366,756,901)
2,810,459,875 2,111,811,403
25,996,038,889 25,387,408,588
28,806,498,764 27,499,219,991
10% 8%
108
(1)
(a) 20% 25%
(b) 3% 5%
(c) 3%, 4%, 6% 17%
(d) 5% 7%
3%
(e) 2%
(2)
(a)
[2007]39
2008 2012 5
25% 2012 25%
25%
512
20%
(b)
3% 3% 5%
[2002]44
[2002]134
2011 52 2011 10
109
(2)
(c)
[2011]110
[2011]111 8
[2012]71 2012 11
1
6%
3%
d)
2010 12 1 1% 7%
5%
(e)
[2011]10
[2011]60 2011 1 1
2%
(f)
[2003]149 [2004]36 [2006]17
110
(1)
38,000,000 28181658-2
18,500,000 19220364-5
10,000,000 27952367-6
3,000,000 19233842-7
3,000,000 73308186-4
2,400,000 19236987-2
2,000,000 19219627-0
2,000,000 73625774-9
1,500,000 19218182-9
1,020,000 19047914-6
1,000,000 23121626-3
379,000 19042912-2
111
(1)
(%) (%)
48,204,994 — 51% — 51% 41,287,193 (1,810,602)
(a) 18,500,000 — 100% — 100% — —
5,500,000 — 55% — 55% 4,246,584 —
2,000,000 — 67.46% 9.2% 76.66% 1,063,016 —
3,000,000 — — 100% 100% — —
2,400,000 — 75% 25% 100% — —
2,000,000 — 41.5% 58.5% 100% — —
2,000,000 — — 100% 100% — —
1,500,000 — 100% — 100% — —
500,000 — 100% — 100% — —
1,800,000 — 50.5% — 50.5% 4,252,461 (276,074)
379,000 — 100% — 100% — —
87,783,994 — 50,849,254 (2,086,676)
(a) 2012
2.7% 2012
97.3% 100%
112
(1)
2012 12 31 2011 12 31
—
57,454 1.00 57,454 50,197 1.00 50,197
—
4,767,935,501 1.00 4,767,935,501 4,922,601,827 1.00 4,922,601,827
74,967,257 0.81 60,787,201 130,403,925 0.81 105,718,462
6,147 6.29 38,637 41,464 6.30 261,260
4,828,761,339 5,028,581,549
—
20,071,423 1.00 20,071,423 23,789,863 1.00 23,789,863
151,411 0.81 122,771 413,583 0.81 335,292
20,194,194 24,125,155
4,849,012,987 5,052,756,901
113
(2)
2012 12 31 2011 12 31
1,005,831,949 619,242,796
(5,906,970) (5,243,382)
999,924,979 613,999,414
(a)
2012 12 31 2011 12 31
939,277,764 596,780,728
48,880,784 7,244,721
6,653,047 1,607,421
11,020,354 13,609,926
1,005,831,949 619,242,796
114
(2)
(b)
2012 12 31 2011 12 31
— — — — — — — —
5,906,970 1% (5,906,970) 100% 5,243,382 1% (5,243,382) 100%
— 1 226,918,732 23% — — 487,659,692 79% — —
— 2 773,006,247 76% — — 126,339,722 20% — —
1,005,831,949 100% (5,906,970) 1% 619,242,796 100% (5,243,382) 1%
(c) 2012 12 31
4,249,780 (4,249,780) 100% (i)
1,657,190 (1,657,190) 100%
5,906,970 (5,906,970)
(i)
115
(2)
(d) 5% 5%
2012 12 31 2011 12 31
189,306,769 — 296,449,066 —
(e) 2012 12 31
208,520,000 21%
194,726,793 19%
189,306,769 19%
159,073,986 16%
146,533,597 15%
898,161,145 90%
116
(2)
(f)
2012 12 31 2011 12 31
(6) 189,306,769 19% — 296,449,066 48% —
(6) 37,631,314 4% (19,351) 191,229,977 31% (19,351)
226,938,083 23% (19,351) 487,679,043 79% (19,351)
(g) 2012 2011 2,117,657
(h) 2012 12 31 2011 12 31
117
(3)
2012 12 31 2011 12 31
31,364,842 31,364,842
19,633,497 12,515,596
17,038,623 17,038,623
14,061,600 13,775,158
12,891,024 12,891,024
10,000,000 10,000,000
7,308,285 6,536,946
6,425,291 5,428,025
5,382,730 5,499,207
5,372,258 12,710,170
5,306,810 5,316,606
1,985,996 1,243,871
99,638 854,813
22,691,097 26,791,003
159,561,691 161,965,884
(78,126,895) (77,213,815)
81,434,796 84,752,069
118
(3)
(a)
2012 12 31 2011 12 31
37,273,855 64,731,995
25,841,195 7,594,604
7,527,738 864,409
88,918,903 88,774,876
159,561,691 161,965,884
(b)
2012 12 31 2011 12 31
68,317,466 43% (66,568,183) 97% 68,031,024 42% (66,568,183) 98%
11,558,712 7% (11,558,712) 100% 10,889,717 7% (10,645,632) 98%
— 1 12,799,400 8% — — 35,599,715 22% — —
— 2 66,886,113 42% — — 47,445,428 29% — —
159,561,691 100% (78,126,895) 49% 161,965,884 100% (77,213,815) 48%
119
(3)
(c) 2012 12 31
31,364,842 (31,364,842) 100% (i)
14,061,600 (12,312,317) 88% (ii)
12,891,024 (12,891,024) 100% (iii)
10,000,000 (10,000,000) 100% (iv)
68,317,466 (66,568,183)
(i)
(ii)
(iii)
(iv)
(d) 2012 12 31
2,434,400 (2,434,400) 100% (v)
2,071,736 (2,071,736) 100% (vi)
1,440,707 (1,440,707) 100% (vii)
5,611,869 (5,611,869) 100%
11,558,712 (11,558,712)
(v)
(vi)
(vii)
120
(3)
(e) 5% 5%
2012 12 31 2011 12 31
5,372,258 — 12,710,170 —
(f) 2012 12 31
31,364,842 20%
17,038,623 11%
14,061,600 9%
12,891,024 8%
10,000,000 6%
85,356,089 54%
121
(3)
(g)
2012 12 31 2011 12 31
(3)
(c
(6) 5,372,258 3% — 12,710,170 8% —
(4)
(6)) 7,392,511 5% — 5,827,682 3% —
(4)
(6) — — — 17,038,623 11% —
(6) 14,096,231 9% (12,312,317) 13,798,398 9% (12,312,317)
26,861,000 17% (12,312,317) 49,374,873 31% (12,312,317)
(h)
2012 12 31 2011 12 31
288,428 0.81 233,872 301,346 0.81 244,301
122
(4)
(a)
2012 12 31 2011 12 31
22,931,464 98% 24,269,921 97%
354,234 2% 746,551 3%
23,285,698 100% 25,016,472 100%
(b)
(c) 2012 12 31 2011 12 31 5% 5%
(d) 2012 12 31
18,445,844 79% 2012 3 (i)
3,870,000 17% 2012 7 (i)
504,549 2% 2012 12 (ii)
212,634 1% 2010 12 (iii)
80,000 — 2012 10 (iv)
23,113,027 99%
(i)
(ii)
(iii)
(iv)
123
(4)
(e)
2012 12 31 2011 12 31
(6) 18,445,844 79% — 22,148,512 89% —
(6) 3,870,000 17% — — — —
22,315,844 96% — 22,148,512 89% —
(f) 2012 12 31 2011 12 31
(5)
(a)
2012 12 31 2011 12 31
227,771,429 — 227,771,429 167,556,637 — 167,556,637
119,814,221 (18,043,548) 101,770,673 106,129,502 (21,590,044) 84,539,458
103,991,405 — 103,991,405 74,147,832 — 74,147,832
3,763,139 — 3,763,139 4,491,987 — 4,491,987
455,340,194 (18,043,548) 437,296,646 352,325,958 (21,590,044) 330,735,914
124
(5)
(b)
2011 2012
12 31 12 31
21,590,044 — — (3,546,496) 18,043,548
2011 12 31
2012
(6)
2012 12 31 2011 12 31
34,107,905 35,121,629
(8,000,000) (8,000,000)
(33) 4,754,611 6,986,276
30,862,516 34,107,905
2007 1 1
6.54%
125
(7)
2012 12 31 2011 12 31
(a) 166,515,316 155,609,412
(b) 65,839,612 65,839,612
232,354,928 221,449,024
(c) (41,702,810) (41,702,810)
190,652,118 179,746,214
(a)
2011 2012
12 31 12 31
(35)
(i) 29,689,077 29,689,077 — — — 29,689,077 26.98% 26.98% (29,689,077) —
153,890,000 85,838,021 8,755,681 — — 94,593,702 49.00% 49.00% — —
26,950,000 40,082,314 2,150,223 — — 42,232,537 49.00% 49.00% — —
155,609,412 10,905,904 — — 166,515,316 (29,689,077) —
126
(7)
(a)
(i)
2012 12 31 2012
138,708,721 404,382,480 (265,673,759) 4,164,690 (4,291,110)
446,309,790 253,261,418 193,048,372 48,006,619 17,868,736
671,106,041 584,917,192 86,188,849 625,634,265 4,388,210
(b)
2011 2012
12 31 12 31 35)
37,500,000 37,500,000 — 37,500,000 1.40% 1.40% — — 5,253,752
13,608,000 13,608,000 — 13,608,000 0.4% 0.4% — — —
(i) 1,717,879 1,717,879 — 1,717,879 33.00% 33.00% — — —
1,000,000 1,000,000 — 1,000,000 2.00% 2.00% — — —
(ii) 12,013,733 12,013,733 — 12,013,733 100.00% 100.00% (12,013,733) — —
65,839,612 — 65,839,612 (12,013,733) — 5,253,752
127
(7)
(b)
(i) 20%
(ii) 20%
(c)
2012 12 31 2011 12 31
29,689,077 29,689,077
12,013,733 12,013,733
41,702,810 41,702,810
128
(8)
2011 2012
12 31 12 31
33,171,313,901 2,084,191,970 — (287,056,656) 34,968,449,215
5,059,617,877 819,209,737 (534,965) (1,852,076) 5,876,440,573
14,756,797,094 290,041,763 1,285,928 (130,308,184) 14,917,816,601
6,874,013,847 607,827,826 — (107,553,077) 7,374,288,596
1,510,971,272 96,666,347 — (82,121) 1,607,555,498
4,969,913,811 270,446,297 (750,963) (47,261,198) 5,192,347,947
(9,188,233,256) (1,380,186,175) — 119,703,227 (10,448,716,204)
(1,410,189,969) (193,813,441) — 1,356,250 (1,602,647,160)
(2,189,457,082) (208,438,961) — 9,746,428 (2,388,149,615)
(2,298,880,655) (414,259,752) — 62,648,965 (2,650,491,442)
(791,398,328) (159,938,864) — 19,288 (951,317,904)
(2,498,307,222) (403,735,157) — 45,932,296 (2,856,110,083)
23,983,080,645 24,519,733,011
3,649,427,908 4,273,793,413
12,567,340,012 12,529,666,986
4,575,133,192 4,723,797,154
719,572,944 656,237,594
2,471,606,589 2,336,237,864
(4,748,250) — — 1,974,871 (2,773,379)
(1,957,237) — — 1,957,237 —
(2,791,013) — — 17,634 (2,773,379)
23,978,332,395 24,516,959,632
3,649,427,908 4,273,793,413
12,567,340,012 12,529,666,986
4,573,175,955 4,723,797,154
719,572,944 656,237,594
2,468,815,576 2,333,464,485
129
(8)
2012 1,380,186,175 2011 1,367,397,645
1,373,667,085 6,519,090 2011
1,359,407,031 7,990,614
1,364,209,212 2011 830,895,523
2012 12 31 46,876,000
2011 12 31 35,482,000
(a)
2012 12 31 2011 12 31
139,607,591 163,497,869
(b)
2012 12 31 1,614,967,000 1,895,576,000
2011 12 31 992,588,000
1,241,561,000
130
(9)
2012 12 31 2011 12 31
(a) (a)
307,098,019 — 307,098,019 281,246,993 — 281,246,993
263 45,390,577 — 45,390,577 — — —
37,204,655 — 37,204,655 — — —
23,162,280 — 23,162,280 — — —
20,626,219 — 20,626,219 19,648,431 — 19,648,431
13,810,318 — 13,810,318 8,052,379 — 8,052,379
12,928,323 — 12,928,323 9,247,577 — 9,247,577
12,774,072 — 12,774,072 520,302 — 520,302
50 11,425,766 — 11,425,766 — — —
10,452,164 — 10,452,164 — — —
9,891,593 — 9,891,593 4,577,748 — 4,577,748
— — — 422,181,112 — 422,181,112
182,175,435 (7,411,047) 174,764,388 173,898,988 (7,411,047) 166,487,941
686,939,421 (7,411,047) 679,528,374 919,373,530 (7,411,047) 911,962,483
(a)
2011 2012
12 31 12 31
6,359,047 — 6,359,047
1,000,000 — 1,000,000
52,000 — 52,000
7,411,047 — 7,411,047
131
(9)
(b)
2011 2012
12 31 (8) 12 31 % %
5,313,300,000 281,246,993 25,851,026 — — 307,098,019 97% 97% 118,061,195 — —
618,880,000 422,181,112 151,414,599 (573,595,711) — — 100% 100% — — —
263 167,295,500 — 134,056,606 (88,666,029) — 45,390,577 60% 60% — — —
230,788,904 — 200,445,587 (163,240,932) — 37,204,655 87% 87% — — —
48,622,700 — 23,162,280 — — 23,162,280 48% 48% — — —
50,783,000 19,648,431 977,788 — — 20,626,219 59% 59% — — —
18,545,628 8,052,379 5,757,939 — — 13,810,318 74% 74% — — —
16,691,800 9,247,577 3,680,746 — — 12,928,323 77% 77% — — —
17,294,600 520,302 12,253,770 — — 12,774,072 74% 74% — — —
50 22,667,000 — 11,425,766 — — 11,425,766 50% 50% — — —
21,914,800 — 10,452,164 — — 10,452,164 48% 48% — — —
24,560,600 4,577,748 5,313,845 9,891,593 40% 40% — — —
— 173,898,988 546,982,987 (538,706,540) — 182,175,435 — — — —
919,373,530 1,131,775,103 (1,364,209,212) 686,939,421 118,061,195
132
(10)
2011 2012
12 31 12 31
815,632,720 759,000 (158,404) 816,233,316
791,212,756 — (158,404) 791,054,352
24,419,964 759,000 — 25,178,964
(262,481,984) (18,205,588) 39,080 (280,648,492)
(246,809,384) (15,988,052) 39,080 (262,758,356)
(15,672,600) (2,217,536) — (17,890,136)
553,150,736 (17,446,588) (119,324) 535,584,824
544,403,372 (15,988,052) (119,324) 528,295,996
8,747,364 (1,458,536) — 7,288,828
2012 18,205,588 2011 18,551,653
2012 12 31 1,280,231 2011 12
31 1,620,894
2012 12 31 2011 12 31
133
(11)
2012 12 31 2011 12 31 281,254,606
2007 1 1
2009 1 1
2009 1 1
35 —
—
26.73%
2%
11.26%
10%
1%
134
(12)
2011 2012
12 31 12 31
1,800,204 45,556,587 (7,236,607) 40,120,184
(13)
(a)
2012 12 31 2011 12 31
35,283,111 141,132,443 36,297,197 145,188,787
77,681,799 310,727,196 73,773,288 295,093,152
21,984,964 87,939,857 22,712,531 90,850,124
2,914,356 11,657,423 2,914,356 11,657,423
50,000 200,000 50,000 200,000
137,914,230 551,656,919 135,747,372 542,989,486
135
(13)
(b)
2012 12 31 2011 12 31
(19,173,485) (76,693,940) (19,231,094) (76,924,375)
(9,579,508) (38,318,033) (8,437,436) (33,749,745)
(28,752,993) (115,011,973) (27,668,530) (110,674,120)
(c)
2012 12 31 2011 12 31
14,317,927 15,085,314
(d) 31,581,523 18,911,939
45,899,450 33,997,253
(d)
2012 12 31 2011 12 31
2014 2,022,258 3,521,342
2015 3,169,100 4,070,981
2016 10,984,811 11,319,616
2017 15,405,354 —
31,581,523 18,911,939
136
(13)
(e)
2012 12 31 2011 12 31
28,752,993 27,668,530
(28,752,993) (27,668,530)
(f)
2012 12 31 2011 12 31
109,161,237 436,644,946 108,078,842 432,315,366
(14)
2012 12 31 2011 12 31
2012 12 31 2011 12 31
(6) 1,092,000 2%
(6) 31,324,628 63% — —
32,416,628 65% — —
137
(15)
2011 2012
12 31 12 31
82,457,197 1,577,673 (1,005) — 84,033,865
: 5,243,382 663,588 — — 5,906,970
77,213,815 914,085 (1,005) — 78,126,895
21,590,044 — — (3,546,496) 18,043,548
41,702,810 — — — 41,702,810
4,748,250 — — (1,974,871) 2,773,379
7,411,047 — — — 7,411,047
157,909,348 1,577,673 (1,005) (5,521,367) 153,964,649
(16)
2012 12 31 2011 12 31
915,081,138 814,129,029
603,053,362 488,140,615
281,519,657 274,168,085
— 193,856,307
247,049,975 108,575,922
2,046,704,132 1,878,869,958
(a) 2012 12 31 303,381,134 2011 12 31
176,601,197
43,336,333
(1)
138
(16)
(b) 2012 12 31 2011 12 31 5% 5%
2012 12 31 2011 12 31
22,445,018 43,129,401
(c)
2012 12 31 2011 12 31
(6) 22,445,018 43,129,401
(6) 327,382,852 280,302,498
(6) 181,236,426 22,311,804
531,064,296 345,743,703
(d) 2012 12 31 2011 12 31
(17)
2012 12 31 2011 12 31
64,058,995 85,683,886
18,069,647 16,709,647
1,360,823 5,935,700
83,489,465 108,329,233
139
(17)
(a) 2012 12 31 16,725,847 2011 12 31
6,289,970
(b) 2012 12 31 2011 12 31 5% 5%
(c) 2012 12 31 2011 12 31
(18)
2011 2012
12 31 12 31
10,338,758 2,795,069,717 (2,805,390,594) 17,881
— 155,146,850 (155,146,850) —
619,898 690,954,189 (690,988,056) 586,031
— 235,416,703 (235,416,703) —
23,332 377,772,175 (377,795,507) —
— 14,032,210 (14,032,210) —
15,403 11,784,231 (11,799,634) —
581,163 51,948,870 (51,944,002) 586,031
12,981 183,884,055 (183,788,698) 108,338
93,412,946 84,103,856 (75,888,334) 101,628,468
237,612,636 66,650,093 (74,296,108) 229,966,621
227,337 6,722,138 (6,688,987) 260,488
342,224,556 3,982,530,898 (3,992,187,627) 332,567,827
2012 12 31
2013 2013
2015
140
(19)
2012 12 31 2011 12 31
229,270,674 316,731,240
90,419,064 95,918,800
47,598,720 43,598,552
17,124,049 17,124,049
4,350,467 2,993,436
3,644,427 3,732,482
2,585,161 2,646,552
1,270,609 915,687
396,263,171 483,660,798
(20)
2012 12 31 2011 12 31
H 15,381 25,151
2012 12 31
141
(21)
2012 12 31 2011 12 31
159,991,137 156,554,350
117,576,928 124,257,670
28,543,707 29,952,591
691,765 850,148
120,073,423 113,734,969
426,876,960 425,349,728
(a) 2012 12 31 256,991,841 2011 12 31
198,926,419
2,989,715
(1)
(b) 2012 12 31 2011 12 31 5% 5%
2012 12 31 2011 12 31
1,234,799 1,269,157
(c)
2012 12 31 2011 12 31
(6) 1,234,799 1,269,157
(6) 32,589,572 23,277,537
(6) 3,223,702 5,801,371
37,048,073 30,348,065
142
(21)
(d) 2012 12 31 2011 12 31
(22)
2011 2012
12 31 (33) 12 31
09 MTN1 3,478,568,304 — 6,904,558 3,485,472,862
[2009]MTN112 2009 12 17
09 MTN1 5 3,500,000,000 34,523,580
3,465,476,420 4.79%
2012 12 31 5.018%
3,485,472,862
2011 2012
12 31 (33) 12 31
09 MTN1 6,889,726 167,650,000 (167,650,000) 6,889,726
143
(23)
2011 2012
12 31 12 31
—
33,208,770 — (737,245) 32,471,525
26,655,597 — (1,430,125) 25,225,472
12,742,352 — (268,184) 12,474,168
9,552,000 — (288,000) 9,264,000
4,100,000 — (113,051) 3,986,949
9,763,395 — (321,842) 9,441,553
96,022,114 — (3,158,447) 92,863,667
(24)
2011 2012
12 31 12 31
(a) 274,798,700 (274,798,700) —
5,377,438,300 274,798,700 5,652,237,000
1,431,300,000 — 1,431,300,000
6,808,738,300 274,798,700 7,083,537,000
7,083,537,000 — 7,083,537,000
144
(24)
2010 2011
12 31 12 31
(a) 274,798,700 — 274,798,700
5,377,438,300 — 5,377,438,300
1,431,300,000 — 1,431,300,000
6,808,738,300 — 6,808,738,300
7,083,537,000 — 7,083,537,000
(a) 2009 9 22
274,798,700
2012 12 21 2012 12
24 2012 12 31
(25)
2011 2012
12 31 12 31
11,553,642,963 — 11,553,642,963
— 10,937,585 — 10,937,585
11,564,580,548 — 11,564,580,548
145
(25)
2010 2011
12 31 12 31
11,553,642,963 — 11,553,642,963
— 10,937,585 — 10,937,585
11,564,580,548 — 11,564,580,548
(26)
2011 2012
12 31 12 31
1,965,036,005 133,171,115 2,098,207,120
304,058,522 — 304,058,522
2,269,094,527 131,171,115 2,402,265,642
2010 2011
12 31 12 31
1,783,898,531 181,137,474 1,965,036,005
304,058,522 — 304,058,522
2,087,957,053 181,137,474 2,269,094,527
10%
50%
2012 10%
133,171,115 2011 10% 181,137,474
146
(26)
2012 5 22 2012
2011
(27)
2012 2011
4,417,394,654 3,431,942,576
1,318,936,606 1,804,107,882
(133,171,115) (181,137,474)
(b) (708,353,700) (637,518,330)
4,894,806,445 4,417,394,654
(a) 2012 12 31 24,708,519
(2011 12 31 24,526,633
181,886 2011 207,266
(b) 2012 5 22 2011
7,083,537,000 0.10 708,353,700
2011 637,518,330
(c) 2013 3 26 2012
7,083,537,000 0.08 566,682,960
147
(28)
2011 2012
12 31 12 31
— 134,265,214 (134,265,214) —
(29)
2012 12 31 2011 12 31
41,287,193 43,097,795
4,252,461 4,528,535
4,246,584 4,231,569
1,063,016 943,960
50,849,254 52,801,859
148
(30)
(a)
2012 2011
7,841,090,787 8,026,512,295
4,890,639,998 4,255,995,409
1,344,113,255 1,386,753,009
14,075,844,040 13,669,260,713
284,971,578 237,558,075
167,504,764 138,670,310
114,673,113 220,619,086
86,123,382 79,907,622
79,183,344 74,364,351
76,140,390 80,047,464
25,391,384 30,751,990
182,054,006 159,655,556
1,016,041,961 1,021,574,454
15,091,886,001 14,690,835,167
149
(30)
(b)
2012 2011
10,949,720,413 9,892,067,985
821,199,594 835,707,865
11,770,920,007 10,727,775,850
(c)
2012 2011
4,077,313,941 3,658,008,278
2,673,452,505 2,286,174,514
1,532,558,790 1,530,658,641
1,350,726,392 1,335,417,130
696,771,536 647,011,074
93,090,000 115,190,000
525,807,249 319,608,348
10,949,720,413 9,892,067,985
150
(30)
(d)
2012 2011
363,866,300 325,353,872
317,738,070 391,672,705
22,940,693 23,989,901
116,654,531 94,691,387
821,199,594 835,707,865
(e)
13,464,590,474 2011 13,201,372,598
89.2% 2011 89.4%
(%)
12,008,821,590 79.6%
1,238,430,995 8.2%
639,423,980 4.2%
352,973,306 2.3%
253,490,000 1.7%
209,881,598 1.4%
13,464,590,474 89.2%
151
(31)
2012 2011
331,025,184 354,585,496
24,412,303 27,226,498
17,443,222 19,451,008
372,880,709 401,263,002
(32)
2012 2011
937,618,677 776,326,687
22,148,545 21,057,958
20,220,799 19,690,788
15,988,052 15,988,052
15,753,500 48,781,330
15,345,350 14,634,767
13,489,109 13,187,177
6,519,090 7,990,614
38,515,700 32,714,649
1,085,598,822 950,372,022
152
(33) —
2012 2011
(22) 167,650,000 167,650,000
(22) 6,904,558 6,574,642
(152,802,605) (95,612,051)
(6) (4,754,611) (6,986,276)
9,414,645 12,065,878
(505,887) 2,777,895
3,609,205 1,901,147
29,515,305 88,371,235
(34)
2012 2011
1,576,668 106,002
— 21,590,044
— 4,709,220
1,576,668 26,405,266
153
(35)
2012 2011
(a) 5,253,752 4,263,000
(b) 10,905,904 5,259,101
16,159,656 9,522,101
(a)
2012 2011
5,253,752 4,203,000
— 60,000
5,253,752 4,263,000
(b)
2012 2011
8,755,681 1,713,265
2,150,223 3,545,836
10,905,904 5,259,101
154
(36)
2012
2012 2011
(a) 3,638,447 4,010,982 3,638,447
3,134,241 66,106 3,134,241
486,516 1,959,528 486,516
1,304,525 4,715,105 1,304,525
8,563,729 10,751,721 8,563,729
(a)
2012 2011
(23) 3,158,447 3,170,982
480,000 840,000
3,638,447 4,010,982
(37)
2012
2012 2011
90,510,778 123,947,187 90,510,778
— 7,165,358 —
7,472,293 7,471,695 7,472,293
97,983,071 138,584,240 97,983,071
155
(38)
2012 2011
442,233,198 571,422,889
(1,082,395) 4,541,924
441,150,803 575,964,813
2012 2011
1,758,134,804 2,378,337,374
25%
2011 24% 439,533,701 570,800,970
27,886 42,331
2,461,734 5,237,249
(4,039,914) (2,285,304)
3,851,339 2,716,708
(683,943) (547,141)
441,150,803 575,964,813
156
(39)
(a)
2012 2011
1,318,936,606 1,804,107,882
7,083,537,000 7,083,537,000
0.19 0.25
(b)
2012
2011
(40)
(a)
2012 2011
27,868,846 45,370,992
— 39,236,347
3,436,787 36,369,390
22,946,746 35,772,237
54,252,379 156,748,966
157
(40)
(b)
2012 2011
22,148,545 21,057,958
20,220,799 19,690,788
15,753,500 48,781,330
15,345,350 14,634,767
14,617,456 14,650,338
47,175,408 29,885,887
135,261,058 148,701,068
(c)
2012 2011
116,688,000 28,202,945
— 4,100,000
116,688,000 32,302,945
(d)
2012 2011
488,000,000 3,077,500,000
158
(40)
(e)
2012 2011
158,383 166,765
(41)
(a)
2012 2011
1,316,984,001 1,802,372,561
1,576,668 26,405,266
1,380,186,175 1,367,397,645
18,205,588 18,551,653
7,236,607 4,307,921
90,024,262 129,153,017
49,620,798 113,255,862
(16,159,656) (9,522,101)
(1,082,395) 4,541,924
(72,158,192) (28,975,568)
(379,308,799) (8,753,332)
(49,804,146) 77,970,183
2,345,320,911 3,496,705,031
159
(41)
(b)
2012 2011
675,012,987 1,366,756,901
(1,366,756,901) (2,659,058,240)
(691,743,914) (1,292,301,339)
(c)
2012 12 31 2011 12 31
(1) 4,849,012,987 5,052,756,901
(4,174,000,000) (3,686,000,000)
675,012,987 1,366,756,901
160
(a) 2012 2012 12 31
14,697,072,546 394,813,455 — 15,091,886,001
156,765,281 791,935 — 157,557,216
(183,969,203) — — (183,969,203)
10,905,904 — — 10,905,904
(1,465,022) (111,646) — (1,576,668)
(1,399,988,488) (5,639,882) — (1,405,628,370)
1,768,382,104 1,048,013 (11,295,313) 1,758,134,804
(436,670,959) (4,479,844) — (441,150,803)
1,331,711,145 (3,431,831) (11,295,313) 1,316,984,001
32,844,121,780 229,612,692 (206,552,392) 32,867,182,080
6,892,558,964 99,594,685 (121,010,458) 6,871,143,191
(66,650,093) — — (66,650,093)
166,515,316 — — 166,515,316
1,921,213,746 9,209,657 — 1,930,423,403
161
(b) 2011 2011 12 31
14,339,356,051 351,479,116 — 14,690,835,167
101,902,675 695,652 — 102,598,327
(186,290,520) — — (186,290,520)
5,259,101 — — 5,259,101
(26,405,266) — — (26,405,266)
(1,384,649,703) (5,607,516) — (1,390,257,219)
2,382,529,146 9,974,384 (14,166,156) 2,378,337,374
(571,154,409) (4,810,404) — (575,964,813)
1,811,374,737 5,163,980 (14,166,156) 1,802,372,561
32,173,275,137 233,639,169 (199,566,150) 32,207,348,156
6,845,069,766 88,894,018 (114,024,216) 6,819,939,568
— (3,463,480) — (3,463,480)
155,609,412 — — 155,609,412
1,274,895,653 2,125,909 — 1,277,021,562
2012 12,008,821,590 2011 12,076,872,523
80% 2011 82%
10%
162
2013 3
(1)
2012 2011
— 7,522,886,011 7,769,115,497
— 3,474,241,302 3,254,511,415
— 764,359,456 831,859,814
— 247,334,821 221,385,797
12,008,821,590 12,076,872,523
80% 82%
(2)
2012 2011
3,003,520,305 2,721,038,773
201,150,998 200,692,722
3,204,671,303 2,921,731,495
25% 25%
163
(3)
2012 12 31 2011 12 31
159,073,986 18,017,032
— 193,856,307
(1)
(2)
(3)
107,054,682 26.98% 26.98% 19133769-2
343,050,000 49% 49% 23122544-2
64,000,000 49% 49% 19218256-5
164
(4)
19034882-4
19035314-8
19033336-6
19219009-8
19050162-2
19046638-8
19050756-5
19046312-8
29412295-0
18378414-2
19047681-8
18379388-2
23112798-1
72376107-3
19048078-8
19046209-6
19037353-6
19221461-9
X1740185-5
73214532-8
73973716-6
23112797-3
73288695-1
74917390-7
(a) 79292059-2
(b) 76570555-5
(c) 79774392-7
165
(4)
(a) 2012 3
2012 1 1
(b) 2012 11
2012 1 1
(c) 2012 1 30
2012 1 31
166
(5)
(a)
2012 2011
(1)
1,238,430,995 36% 1,155,390,986 35%
352,973,306 4% 407,220,075 4%
278,669,067 26% 273,460,000 38%
(2)
653,787,134 14% 637,099,174 16%
93,090,000 28% 115,190,000 35%
240,760,992 34% 260,118,234 28%
287,902,576 25% 224,892,047 22%
1,578,108,480 41% 1,488,224,465 42%
(3)
0.3%-5%
766,309,116 41% 709,013,612 37%
(4)
11,218,474 10% 23,696,311 12%
167
(5)
(b)
2012 2011
(2) 54,800,000 53,600,000
(c)
2012 2011
3,116,260 4,140,334
(d)
2012 2011
— 17,038,623
168
(6)
2012 12 31 2011 12 31
189,306,769 296,449,066
37,631,314 191,229,977
— 92,030,000
— 54,813,695
18,338,077 19,246,529
5,691,672 5,691,672
836,241 10,157,392
— 2,446,556
— 2,431,725
12,765,324 4,412,408
226,938,083 487,679,043
23% 79%
2012 12 31 19,351
2011 12 31 19,351
169
(6)
2012 12 31 2011 12 31
5,372,258 12,710,170
7,392,511 5,827,682
5,306,810 5,316,606
2,085,701 511,076
1,783,914 1,486,081
14,096,231 13,798,398
(12,312,317) (12,312,317)
— 17,038,623
14,548,683 37,062,556
17% 31%
18,445,844 22,148,512
3,870,000 —
22,315,844 22,148,512
96% 89%
— 246,232
— 100%
1,092,000 —
31,324,628 —
32,416,628 —
65% —
170
(6)
2012 12 31 2011 12 31
22,445,018 43,129,401
327,382,852 280,302,498
119,412,986 79,807,448
60,536,634 24,406,524
23,680,000 75,783,578
22,861,090 4,162,961
14,611,222 29,237,921
14,511,660 —
9,029,728 20,478,756
4,646,489 16,950,501
58,093,043 29,474,809
181,236,426 22,311,804
531,064,296 345,743,703
26% 18%
1,234,799 1,269,157
32,589,572 23,277,537
25,800,000 10,450,000
— 187,116
6,789,572 12,640,421
3,223,702 5,801,371
37,048,073 30,348,065
9% 7%
171
(6)
(a)
2012 12 31 2011 12 31
26,221,158 10,023,220
(b) —
2012 12 31 2011 12 31
(2) 1,036,000,000 1,110,000,000
(1)
2012 12 31 2011 12 31
176,038,000 283,880,006
1,690,080,000 1,717,800,000
172
(2)
2004 11 15
2007 1 1 20
74,000,000 2012 54,800,000 2011
53,600,000
(3)
2011 12 31
(1)
(16)(a) 46,326,048
(21)(a)
(2)
2013 3 26 566,682,960
(27)
173
(1)
2012 12 31 2011 12 31
1,000,653,240 616,039,185
(5,656,618) (4,993,030)
994,996,622 611,046,155
(a)
2012 12 31 2011 12 31
935,202,170 594,415,926
48,616,477 6,656,265
6,064,591 1,607,421
10,770,002 13,359,573
1,000,653,240 616,039,185
174
(1)
(b)
2012 12 31 2011 12 31
— — — — — — — —
5,656,618 1% (5,656,618) 100% 4,993,030 1% (4,993,030) 100%
— 1 224,932,870 22% — — 486,290,091 79% — —
— 2 770,063,752 77% — — 124,756,064 20% — —
1,000,653,240 100% (5,656,618) 1% 616,039,185 100% (4,993,030) 1%
(c) 2012 12 31
4,249,780 (4,249,780) 100% (i)
1,406,838 (1,406,838) 100%
5,656,618 (5,656,618) 100%
(i)
175
(1)
(d) 5% 5%
2012 12 31 2011 12 31
187,695,214 — 295,207,289 —
(e) 2012 12 31
208,520,000 21%
194,726,793 19%
187,695,214 19%
159,073,986 16%
146,533,597 15%
896,549,590 90%
(f)
2012 12 31 2011 12 31
187,695,214 19% — 295,207,289 48% —
37,257,007 4% (19,351) 191,102,153 31% (19,351)
224,952,221 23% (19,351) 486,309,442 79% (19,351)
(g) 2012 12 31 2011 12 31
176
(2)
2012 12 31 2011 12 31
31,364,842 31,364,842
19,633,497 12,505,596
17,038,623 17,038,623
14,061,600 13,775,158
12,891,024 12,891,024
10,000,000 10,000,000
9,082,971 9,082,971
6,425,291 5,428,025
5,382,730 5,499,207
5,372,258 12,687,953
5,306,810 5,316,606
5,260,027 6,500,899
1,985,996 1,231,161
99,638 854,813
53,900,485 38,968,623
197,805,792 183,145,501
(77,209,119) (76,407,685)
120,596,673 106,737,816
(a)
2012 12 31 2011 12 31
67,355,442 86,916,677
34,921,966 7,594,604
7,527,738 860,063
88,000,646 87,774,157
197,805,792 183,145,501
177
(2)
(b)
2012 12 31 2011 12 31
68,317,466 35% (66,568,183) 97% 68,031,024 37% (66,568,183) 98%
10,640,936 5% (10,640,936) 100% 9,968,271 5% (9,839,502) 99%
— 1 53,299,912 27% — — 58,527,970 32% — —
— 2 65,547,478 33% — — 46,618,236 26% — —
197,805,792 100% (77,209,119) 39% 183,145,501 100% (76,407,685) 42%
(c) 2012 12 31
31,364,842 (31,364,842) 100% (3)(c)
14,061,600 (12,312,317) 88% (3)(c)
12,891,024 (12,891,024) 100% (3)(c)
10,000,000 (10,000,000) 100% (3)(c)
68,317,466 (66,568,183)
178
(2)
(d) 2012 12 31
2,434,400 (2,434,400) 100% (3)(d)
2,071,736 (2,071,736) 100% (3)(d)
1,008,458 (1,008,458) 100% (3)(d)
5,126,342 (5,126,342) 100%
10,640,936 (10,640,936)
(e) 5% 5%
2012 12 31 2011 12 31
5,372,258 — 12,687,953 —
(f) 2012 12 31
31,364,842 16%
17,038,623 9%
14,061,600 7%
12,891,024 7%
10,000,000 5%
85,356,089 44%
179
(2)
(g)
2012 12 31 2011 12 31
5,372,258 3% — 12,687,953 7% —
7,361,705 4% — 5,811,377 3% —
— — — 17,038,623 9% —
14,096,231 7% (12,312,317) 13,798,398 8% (12,312,317)
40,531,318 20% — 22,966,777 13% —
67,361,512 34% (12,312,317) 72,303,128 40% (12,312,317)
(h)
2012 12 31 2011 12 31
288,428 0.81 233,872 301,346 0.81 244,301
180
(3)
2012 12 31 2011 12 31
(a) 80,773,994 80,273,994
(7)(a) 166,515,316 155,609,412
(b) 52,108,000 52,108,000
299,397,310 287,991,406
(7)(a) (29,689,077) (29,689,077)
269,708,233 258,302,329
181
(3)
(a)
2011 2012
12 31 12 31
48,204,994 48,204,994 — 48,204,994 51% 51% — — —
(1) 18,000,000 18,000,000 500,000 18,500,000 100% 100% — — 7,663,527
5,500,000 5,500,000 — 5,500,000 55% 55% — — —
1,760,000 1,760,000 — 1,760,000 67.46% 67.46% — — —
1,800,000 1,800,000 — 1,800,000 75% 75% — — —
(i) 830,000 830,000 — 830,000 41.5% 41.5% — — 533,289
1,500,000 1,500,000 — 1,500,000 100% 100% — — —
500,000 500,000 — 500,000 100% 100% — — 2,346,750
1,800,000 1,800,000 — 1,800,000 50.5% 50.5% — — —
379,000 379,000 — 379,000 100% 100% — — —
80,273,994 500,000 80,773,994 — — 10,543,566
(i) 58.5% —
(b)
2011 2012
12 31 12 31
37,500,000 37,500,000 — 37,500,000 1.4% 1.4% — — 5,253,752
13,608,000 13,608,000 — 13,608,000 0.4% 0.4% — — —
1,000,000 1,000,000 — 1,000,000 2.0% 2.0% — — —
52,108,000 — 52,108,000 — — 5,253,752
182
(4)
(a)
2012 2011
7,841,090,787 8,026,512,295
4,890,639,998 4,255,995,409
1,344,113,255 1,386,753,009
14,075,844,040 13,669,260,713
284,971,578 237,540,075
114,673,113 220,619,086
86,123,382 79,907,622
18,782,180 24,136,314
14,746,554 13,436,383
101,931,699 94,455,858
621,228,506 670,095,338
14,697,072,546 14,339,356,051
(b)
2012 2011
10,949,720,413 9,892,067,985
518,153,465 583,305,665
11,467,873,878 10,475,373,650
183
(4)
(c)
2012 2011
4,077,313,941 3,658,008,278
2,673,452,505 2,286,174,514
1,532,558,790 1,530,658,641
1,350,726,392 1,335,417,130
696,771,536 647,011,074
93,090,000 115,190,000
525,807,249 319,608,348
10,949,720,413 9,892,067,985
(d)
2012 2011
241,381,228 218,390,374
187,309,570 279,224,809
19,328,360 20,437,426
70,134,307 65,253,056
518,153,465 583,305,665
184
(4)
(e)
13,435,585,690 2011 13,179,722,237
91.4% 2011 91.4%
(%)
12,008,821,590 81.7%
1,238,430,995 8.4%
618,004,722 4.2%
348,519,270 2.4%
253,490,000 1.7%
206,750,108 1.4%
13,435,585,690 91.4%
(5)
2012 2011
(a) 15,797,318 16,898,073
(7)(a) 10,905,904 5,259,101
26,703,222 22,157,174
185
(5)
(a)
5% 5
2012 2011
7,663,527 7,277,864
5,253,752 4,203,000
2,346,750 4,547,103
533,289 695,960
— 92,368
15,797,318 16,816,295
(6)
(a)
2012 2011
1,331,711,145 1,811,374,737
1,465,022 26,405,266
1,375,637,083 1,362,800,615
17,218,945 17,565,006
7,132,460 4,284,082
90,017,130 129,152,663
49,872,236 113,483,245
(26,703,222) (22,157,174)
(1,634,440) 4,731,775
(71,614,638) (28,134,954)
(395,056,101) (6,474,377)
(53,362,974) 72,400,878
2,324,682,646 3,485,431,762
186
(6)
(b)
2012 2011
659,459,146 1,350,991,781
(1,350,991,781) (2,639,679,679)
(691,532,635) (1,288,687,898)
(c)
2012 12 31 2011 12 31
4,827,459,146 5,030,991,781
(4,168,000,000) (3,680,000,000)
659,459,146 1,350,991,781
187
2012
2012 2011
90,024,262 129,153,017
(3,134,241) (66,106)
(3,638,447) (4,010,982)
6,167,768 2,756,590
89,419,342 127,832,519
(20,519,081) (24,375,136)
61,746 8,632
68,962,007 103,466,015
1 — [2008] 1 (2008)
H 2012
12 31 2012
(%)
2012 2011 2012 2011 2012 2011
5.16 7.29 0.19 0.25 0.19 0.25
5.43 7.71 0.20 0.27 0.20 0.27
188
30%
5% 10%
2012 2011
12 31 12 31 (%)
1 4,849,012,987 5,052,756,901 (4%)
2 100,000 — 100%
3 999,924,979 613,999,414 63%
4 — 246,232 (100%)
5 437,296,646 330,735,914 32%
6 24,516,959,632 23,978,332,395 2%
7 679,528,374 911,962,483 (25%)
8 40,120,184 1,800,204 2129%
9 49,335,885 16,985,930 190%
10 2,046,704,132 1,878,869,958 9%
11 15,381 25,151 (39%)
12 4,894,806,445 4,417,394,654 11%
2012 2011
13 15,091,886,001 14,690,835,167 3%
14 (11,770,920,007) (10,727,775,850) 10%
15 — (29,515,305) (88,371,235) (67%)
16 (1,576,668) (26,405,266) (94%)
17 16,159,656 9,522,101 70%
18 (97,983,071) (138,584,240) (30%)
189
20-F
190
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