2 018 年 報
2018 1
2
5
7
19
33
36
59
62
65
77
88
95
97
99
100
102
104
105
106
108
2 2018
1
75 7503A
1
H
183
17 1712-1716
www.zjky.cn
02899
601899
2018 3
( )
A 0.10
BNL Barrick (Niugini) Limited
H 0.10
La Compagnie Minière de Musonoie Global SAS
Nevsun Nevsun Resources Ltd. 2019 3
Nkwe Nkwe Platinum Limited
Norton Gold Fields Limited
RTB BOR Rudarsko-Topioniarski Basen RTB Bor Doo Zijin Bor
Copper Doo Bor
4 2018
( )
2000 9 6
2003 12 2004
2005 2006 2007 2008 4 7.13 14 A
2008 4 25 0.1 2010
2010 14,541,309,100 10 5
7,270,654,550 21,811,963,650 2013 8 21 2016 1 13
H 271,220,000 271,220,000
27,122,000 21,540,743,650 2,154,074,365 2017
A 1,490,475,241 149,047,524.1
2,303,121,889.1 2018 12 31 2,303,121,889.1 H 5,736,940,000
24.91% A 17,294,278,891 75.09%
2018 195 2,279.90 233 874.45
2018 5
2014 2018
12 31
2018 2017 2016 2015 2014
105,994,246,123 94,548,619,098 78,851,137,811 74,303,573,739 58,760,533,928
92,651,374,475 81,371,973,684 69,782,246,837 68,007,729,583 50,881,767,555
1,598,995,649 1,352,340,359 907,955,846 809,662,007 838,416,174
887,451,338 748,942,449 667,483,736 691,861,398 905,512,920
2,964,964,865 2,694,689,753 2,627,244,848 2,367,776,482 2,078,925,245
274,380,222 299,380,476 195,227,412 252,964,144 96,198,991
1,254,241,143 2,012,950,292 581,525,541 945,668,268 767,954,016
1,500,399,230 2,220,905,893 560,842,460 470,685,123 362,952,805
(82,017,400)
227,613,533 228,882,015
1,060,522,923 155,670,082 (1,973,336,425) 1,312,774,399 772,566,108
373,063,390 (29,259,162) 92,415,676 (44,237,294) 21,433,814
(135,783,729) 750,200,343 756,641,718 (125,512,228) (141,213,373)
84,561,738 44,456,123 1,053,649
6,181,371,066 5,026,644,755 2,312,970,073 1,944,488,905 3,460,158,957
365,953,586 57,610,854 251,616,241 419,019,949 236,741,221
417,144,870 516,295,416 438,534,608 277,336,663 372,762,188
6,130,179,782 4,567,960,193 2,126,051,706 2,086,172,191 3,324,137,990
1,447,503,229 1,320,410,996 438,783,804 743,484,427 688,695,999
4,682,676,553 3,247,549,197 1,687,267,902 1,342,687,764 2,635,441,991
4,093,773,630 3,507,717,627 1,839,798,820 1,655,671,617 2,345,062,669
588,902,923 (260,168,430) (152,530,918) (312,983,853) 290,379,322
(1,174,485,390) 60,783,965 158,270,647 (411,333,512) (7,344,471)
3,508,191,163 3,308,333,162 1,845,538,549 931,354,252 2,628,097,520
2,933,737,518 3,547,511,861 2,027,288,735 1,272,835,433 2,357,500,157
574,453,645 (239,178,699) (181,750,186) (341,481,181) 270,597,363
6 2018
( )
12 31
2018 2017 2016 2015 2014
112,879,303 89,315,263 89,217,700 83,914,034 75,159,588
65,605,591 51,672,418 58,101,192 51,985,779 41,490,665
6,818,278 2,643,122 3,354,033 4,391,081 5,609,468
40,455,434 34,999,723 27,762,475 27,537,174 28,059,455
2018 2017 2016 2015 2014
9,932,838 5,754,344 4,712,823 4,845,698 3,511,760
(%) 81.8 99.6 71.3 69.1 83.5
4.00 4.04 3.85 5.17 5.46
2018 7
2018 12 31
2018 25 H 15 A 10
5,000
1,700 1,000
25 2019
2-3
Bor Bisha
10%
A
Kakula Timok Bor
8 2018
( )
1.
2.
3.
2018 2000 947 14 2
2018 500 82
MSCI A
4,952
1,727.97 13,195.56 13.10%
36.50 345.97 10.55%
4,952.11 10,607.75 46.68%
24.86 150.60 16.51%
836.61 18,493.85 4.52%
27.80 284.03 9.79%
2018
2018 9
( )
2018 1,128.79 26.38% 422.08
37.39%
25
1,728 4,952 837
4,200
2018
10 2018
( )
2018
5
2018 1,366 1,160
1,282 1,269 0.8%
288 263 284 271
1.5%
2018 3,346.9 0.8% 2018 4,345.1
4.5%
2018 401.1 25.0 5.9% 346.0
55.2
2018 11
( )
2018
6
7,348 5,773 5,949 6,527
5.7% 50,689 2.9%
3,596 2,071 2,519 2,919
23,674 1.7%
ICSG 2018 2,052 2.3% 2,387.6
1.5% 2018 2,426.3 2%
ILZSG 2018 1,287 2% 1,327
1,367 0.3%
ICSG ILZSG
2018 150.60 3.9% 284.03
4.9% 2018 902.86 8.0% 568.11 3.2%
54,289 8.8% 1,855 6.1%
416 679 756 10.2% 5.6%
12 2018
( )
RTB BOR
Nevsun
1,059.94 12.11% 945.49
40.94 16.71% 35.08 2018 12
1,128.79 26.38% 893.15 472.74
404.55 15.59% 350
2016-2018
2016 42.55 15.50 25.00
2017 37.48 20.80 27.00
2018 36.50 24.86 27.80
241,628 7,768,514 13.03% 213,765
36,497 1,173,405 2.63% 37,483
47.5% 6,766
70% 4,567
100% 4,262
100% 3,241
60% 3,237
100% 3,111
11,313
36,497
205,131 6,595,110 16.37% 176,282
50.82% 21.40%
1 31.1035
2018 13
( )
683,078 7.40% 636,008
248,577 19,763 19.52% 207,987
100% 76,631 19,231
72% 53,235
51% 44,528
100% 39,775
100% 15,182
19,226
248,577 19,763
434,501 1.51% 428,022
19.90% 36.24%
461,169 1.25% 466,998 278,038
2.98% 269,989 183,131 7.04% 197,009
35,909 0.92% 36,243
+
70% 99,918 4,152 104,070
100% 93,551 12,535 106,086
95% 74,435 14,050 88,485
51% 9,001 9,001
1,133 5,172 6,305
278,038 35,909 313,947
6.59% 21.30%
604,760 8.53% 661,122 383,884
9.25% 423,028 220,877 7.23% 238,094
77.5% 42,115
100% 29,976
51% 29,545
119,241
220,877
14 2018
( )
297 0.7% 295
56% 247
41.5% 50
297
22.69% 21.06%
25 H 15 A 10 2018-2022
9
4,200
2018 19.07 52.26% 6.01 24.19% 9.99
35.94% 1,131.78 3,879.44 242.44
65.50% 78.34% 25.29%
2-3
2.065
2018 (ESG)
2018 15
( )
2018
2018
4
3,000 6
592 43 4.5 + 28
28
3.01 333 39 303
52 168 3.24
2018 195 2,279.90 233 874.45
2018
2018
333
2018 2017 (%)
1,355.62 1,161.22 16.74
372.35 158.85 134.40
1,727.97 1,320.07 30.90
4,952.11 3,147.51 57.33
1,846.59 836.05 120.87
67.85 68.09 -0.35
836.61 783.04 6.84
121.92 144.03 -15.36
WO3 7.44 7.56 -1.60
13.97 13.97
1.98 2.06 -4.03
0.69 0.69
235.80 235.80
148.76 148.76
16 2018
( )
2018
2030
2016 2030 2018
2018-2022
2017
2019
2019 6.0-6.4%
2019
2019
2019 40 9.6% 35 41.1% 38
36.7% 275 24.6% 250
2018 17
( )
2019
1.
2.
2019
3.
Timok Bor
Bisha
4. A
2019 A 80 2019
A
5.
30
6.
18 2018
( )
7.
8.
9.
1.
2.
3.
4.
2019 60 50
4
2019 3 22
2018 19
2018
1,059.94 12.11% 945.49
1.
2018 1-12 2017 1-12
2018 1-12 2017 1-12
252.06 36,133 910,774 249.36 37,377 932,029 1.08%
270.59 205,478 5,559,990 274.97 176,152 4,843,690 -1.59%
2.29 220,801 50,516 2.56 235,961 60,324 -10.55%
35,353 249,475 881,965 34,406 208,183 716,280 2.75%
43,499 435,964 1,896,420 41,885 431,191 1,806,051 3.85%
14,186 282,805 401,176 14,547 279,562 406,671 -2.48%
20,205 182,591 368,919 19,997 198,470 396,876 1.04%
588 246.77 145,137 460 242.50 111,662 27.83%
1,711,888 1,419,893
1 1,371,848 901,662
-2,699,208 -2,140,276
10,599,425 9,454,862
1 16.10 12.01 9.43
8.40 8.69 4.71
2.90 74.94
2018
2.
20 2018
( )
2018 1-12 2017 1-12 1
(%)
2018 2017 (%) 2018 2017
172.99 164.70 5.03 31.37 33.95
269.90 273.45 -1.30 0.25 0.55
1.73 1.56 11.27 24.31 39.12
17,694 16,992 4.13 49.95 50.61
41,958 39,547 6.10 3.54 5.58
4,917 4,838 1.63 65.34 66.74
19,559 18,198 7.48 3.20 8.99
170 156 9.21 71.04 66.13
2 12.59 13.94
46.31 47.24
1
2 12.59% 1.35 46.31% 0.93
3.
(%)
105,994,246,123 94,548,619,098 12.11
92,651,374,475 81,371,973,684 13.86
1,598,995,649 1,352,340,359 18.24
887,451,338 748,942,449 18.49
2,964,964,865 2,694,689,753 10.03
274,380,222 299,380,476 -8.35
1,254,241,143 2,012,950,292 -37.69
1,500,399,230 2,220,905,893 -32.44
-82,017,400
-135,783,729 750,200,343
1,060,522,923 155,670,082 581.26
373,063,390 -29,259,162
84,561,738 44,456,123 90.21
365,953,586 57,610,854 535.22
588,902,923 -260,168,430
-109,669,097
61,666,120
-62,020,181 -18,760,719
10,233,009,701 9,764,355,514 4.80
-13,640,210,446 -5,947,602,813
7,655,168,438 -2,674,287,343
2018 21
( )
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9) 2018 1 1
(10)
(11) 2018
(12) 2018
(13) 2018
(14)
(15)
(16)
(17)
(18)
(19)
(20)
22 2018
( )
4.
(1)
(%) (%) (%) (%)
910,774 625,058 31.37 -2.28 1.54 2.58
5,559,990 5,545,931 0.25 14.79 15.13 0.30
50,516 38,235 24.31 -16.26 4.12 14.81
881,965 441,427 49.95 23.13 24.78 0.66
1,896,420 1,829,226 3.54 5 7.27 2.04
401,176 139,052 65.34 -1.35 2.81 1.40
368,919 357,128 3.2 -7.04 -1.12 5.79
145,137 42,029 71.04 29.98 11.13 4.91
3,083,736 2,879,518 6.62 32.83 33.77 0.66
-2,699,208 -2,632,467
10,599,425 9,265,137 12.59 12.11 13.86 1.35
(%) (%) (%) (%)
12,449,202 11,435,846 8.14 14.79 16.78 1.57
849,431 461,758 45.64 13.30 9.36 1.96
-2,699,208 -2,632,467
10,599,425 9,265,137 12.59 12.11 13.86 1.35
2018 23
( )
91% 44.50%
(2)
(%) (%) (%)
36,497 36,133 2,139 -2.63 -3.33 -0.97
205,131 205,478 22 16.37 16.65 -94.00
220,877 220,801 5,910 -7.23 -6.42 1.29
248,577 249,475 4,142 19.52 19.83 -16.36
434,501 435,964 1,394 1.51 1.11 -51.21
278,038 282,805 1,312 2.98 1.16 -78.42
183,131 182,591 551 -7.04 -8.00 5,101.76
247 247 22 1.68 1.76 -4.28
24 2018
( )
(3)
2018 1-12 2017 1-12
(%) (%) (%)
265,179 42.42 262,242 42.60 1.12
73,813 11.81 84,276 13.69 -12.42
127,070 20.33 117,811 19.14 7.86
68,265 10.92 56,219 9.13 21.43
90,731 14.52 95,048 15.44 -4.54
19,699 51.52 18,157 49.44 8.49
3,842 10.05 4,306 11.73 -10.78
6,939 18.15 7,024 19.13 -1.21
3,947 10.32 3,833 10.44 2.97
3,808 9.96 3,403 9.26 11.90
180,823 40.96 169,357 47.87 6.77
33,238 7.53 26,372 7.45 26.04
78,545 17.79 63,960 18.08 22.80
53,821 12.19 45,421 12.84 18.49
95,000 21.53 48,641 13.76 95.31
58,404 42.00 50,690 37.48 15.22
11,314 8.14 9,756 7.21 15.97
44,401 31.93 49,817 36.83 -10.87
13,904 10.00 13,630 10.08 2.01
11,029 7.93 11,359 8.40 -2.91
23,581 56.11 23,472 62.06 0.46
3,259 7.75 2,627 6.95 24.06
4,700 11.18 5,052 13.36 -6.97
3,007 7.15 2,834 7.49 6.10
7,482 17.81 3,835 10.14 95.10
1,760,510 96.24 1,622,669 95.16 8.49
12,058 0.66 10,696 0.63 12.73
24,456 1.34 26,809 1.57 -8.78
10,013 0.55 24,657 1.45 -59.39
22,189 1.21 20,407 1.19 8.73
301,883 84.53 305,309 84.53 -1.12
11,141 3.12 8,350 2.31 33.43
9,949 2.79 10,257 2.84 -3.00
31,056 8.70 34,602 9.58 -10.25
3,099 0.86 2,667 0.74 16.20
1)
2)
2018 25
( )
(4)
609.52 57.51% 0
0% 24.13%
292.84 31.61% 0
0% 44.50%
5.
88,745 18.49% 74,894
323,935 8.19% 299,407
125,424 37.69% 201,295
141,838 36.13% 222,090
2018 - 8,202 - 804
26,031 11,146 71,997
15,778 17,552 7,994
346
26 2018
( )
106,052 90,485 15,567
2018 12 31
13,578 75,020
6.
274,380,222
150,297,749
424,677,971
(%) 0.40
339
(%) 1.76
(%) 35.39
7.
2018 12 31 99.33 41.78
72.61%
102.33 4.69
1,112.80 103.48 1,010.47
98.79
136.40 76.93 2018
78.09
78.54
2018 27
( )
76.55 26.74
2018 12 31 471.48 2017 12 31 370.19
253.51 59.85
142.80 15.32 1.2%
6.87%
1,512.65
2018 12 31 108.31 50.70
223.90 120.37
65
2018 12 31
65,605,591,140 2017 12 31 51,672,418,332
47,273,712,702 2017 12 31 37,642,845,218 2018 12 31
1.388 2017 12 31 1.373
2018
1-3 4-6 7-9 10-12
22,863,594,836 26,950,295,999 26,358,888,293 29,821,466,995
1,085,362,589 1,441,060,510 825,945,966 741,404,565
1,051,044,330 1,325,424,725 850,286,683 -165,505,213
1,326,940,832 3,653,744,458 1,638,895,623 3,613,428,788
28 2018
( )
2018 2017
-53,907,034 -234,350,050
227,613,533 230,882,015
341,735,525 164,403,514
44,990,444
79,791,238 598,484,635
54,489,584
25,301,654
140,992,416
42,287,044 -181,878,389
455,628,328 268,462,403
-26,515,531 -59,137,799
-220,092,858 23,942,795
1,032,523,105 810,809,124
2,537,224,490 679,594,526 -1,857,629,964 -89,750,592
16,703,231 107,539,834 90,836,603 31,006,362
-2,231,963,403 -74,841,064 2,157,122,339 22,163,318
-82,281,534 -167,641,518 -85,359,984 132,628,387
239,682,784 544,651,778 304,968,994 96,047,475
2018 29
( )
(%) (%) (%)
10,089,890,808 8.94 5,936,066,673 6.65 69.98
1,009,871,109 0.89 2,812,240,046 3.15 -64.09
1,415,512,562 1.25 1,153,002,957 1.29 22.77
246,189,223 0.22
778,201,186 0.87
608,221,789 0.54 350,540,469 0.39 73.51
5,355,805,804 4.74 3,296,568,444 3.69 62.47
22,510,280,215 19.94 9,903,526,027 11.09 127.30
314,149,588 0.28 463,597,655 0.52 -32.24
15,616,680,236 13.83 9,855,873,011 11.03 58.45
2,143,111,140 2.4
277,125,058 0.25
68,739,751 0.06
9,707,089,022 8.60 4,600,343,261 5.15 111.01
12,917,915,706 11.44 6,599,046,795 7.39 95.75
8,879,453,693 7.87 13,779,116,465 15.43 -35.56
733,077,872 0.65 563,703,645 0.63 30.05
2,686,090,453 2.38 861,014,312 0.96 211.97
2,743,172,789 2.43 624,524,725 0.7 339.24
4,985,500,000 4.42 498,550,000 0.56 900.00
-1,575,973,065 -1.40 -602,893,526 -0.68
30 2018
( )
1.
(1) 2018 7 1
(2) 2018 10 1 (DZ/T 0314-2018) (DZ/T
0320-2018)
2.
(1) 2018 5 1 [2018]32
17% 11% 16% 10%
(2) 2018 1 1
3.
2018 13,032,582 10,933,608.66
980,256,575 931,707,210.57
4.
2016 7 1
1%-4% 2%-7% 1%-6%
2%-6%
2018
15%
2018 15%
4. (1)
(111) (111)
349,413 4.57 137,499 4.93 137,499 4.93 10 (2019.8.17) 1,200 +
1,500
336,350 1.27 31,339 1.55 31,339 1.55 5 174 0.5-0.8 +
1.5-3.0
68,652 5.85 36,640 5.21 0 15 2 (2026.1.5) 0.5 2 C1
36,639.8
97,543 2.65 64,105 4 9,896 7.88 7 2 (2021.1.27) 0.5 0.8 B
16 2 (2023.2.25) 1.5
2
26,628 0.44 12,864 0.5 151 0.89 8 (2025.8) 0.45 111b *
116,788 0.19 54,728 0.21 581 0.34 (2023.5) 0.6
8,473 0.34 357 0.32 271 0.32 23 (2043.6.13) 0.2 0.5
1,693,465 0.51 501,440 0.68 146,023 0.73 0.25%
0.40%
412,128 2.11 161,181 3.17 137,092 4.33 7.5 (2031.2.2) 0.3% 0.5% 111b *
2,582,031 0.4 549,778 0.5 0 27 (2026.4.10) 0.2% 0.4% 122b
549,778
1,472,728 4.3 639,643 4.8 0 16 2 (2024.3.4) 0.5% 1.0% 122
607,600
BOR 10,235,994 0.4 4,684,465 0.38 1,742,080 0.38 15(JM) 5 0.1%
15(VK)
42(NC)
23(MS)
2018
(
)
31
32
(111) (111)
42,150,000 2.48 6,691,200 2.73 6,691,200 2.73 25 (2042.8.19) 1% +
(2020.5.10)
Timok 1,280,000 3 890,000 3.28 890,000 3.28 11 (2022.4.19) NSR 35 +
81,491 1.91 55,986 2.07 55,986 2.07 35
Timok 14,300,000 0.86 0 0 (2022.4.19) NSR 25
2018
298,593 0.18 0 0
(
Bisha 3,128,000 4.66 530,000 6.25 530,000 6.25 9 (2028.5.25) NSR 1.05
655,000 0.97 85,000 1 85,000 1 (2022.7.4) 3.35 1,350 +
)
(2021.7.24) 23 1.00
(2026.7.24) 2.70 1,200
18
913,877 9.66 732,877 9.82 26,185 9.35 14 (2025.1.1) DZn>5% DZN B B
Zn+Pb+0.6Cu
1,933,977 2.35 1,469,829 2.39 0 23 (2042.6.6) 0.5% 1.6% 121b
(2019.12.7) 371,475
4,084,740 2.19 47,834 3.1 400 2.77 21 (2022.7.3) 2% 6% 111b *
(2023.2.27) 1% 2%
(2020.10.8) SURPAC
(2018.7.20)
(2018.12.31)
1 %
2 Timok Timok Bisha NI43-101 +
(111)
3 BOR B (111) B +C1
4 (111) (111b)* (111)
5 (GB/T 17766-1999) (111b)
(121b) (122b) (111)
(121,122)
4. (1)
2018 33
62 EMBA
2000
2006 8 2009 11
55 1994 2000 8 2006 8
2006 8 2016 12
51 1996 3 2006 8
2009 11 2009 11 2013 10 2013 10
45 EMBA 1997 8
2006 8 2013 10
2013 10
57
2015 5 2018 Nkwe
Platinum Limited NKP 2019
51 1993
2009 11 2016 12 2016 12
43
2013 1 2013 10
68
2011 5 2013 10
62
2009
Sherwin 2016 6
60
2013 10
34 2018
( )
76
4 1 1 4 150
20 90 50
002497 2016 12
55
2009 11
67
2000 8 2006 8
51
2013 10
49 EMBA 1989
2013 10
53 1994 12
2016 12
45 2001
54
2003 10 2013 5
2013 10
60 Mackay
McGill Noranda
Hatch
2017 8 18
58
2004 12
2018 35
( )
2017 9 2020 9
2016 10 2018 2
2015 9
2004 10
2005 10 2020 12
2018 1 2021 1
2018 6 2021 6
2015 5 2021 3
36 2018
2018 12 31
99.99% 99.95%
1 3
2018 12 31 95 296
2018
RTB BOR Nevsun
1 2018 9 17
3.5 23.98 RTB BOR 63%
2018 12 18 3.5 RTB BOR
63%
RTB BOR 2018 4.25
6.7 RTB BOR 6
12.6 3.5 4 1
8.2 8 12 15
2 2018 9 5 Nevsun 6 Nevsun
Nevsun 18.58 93.63
2019 3 12 Nevsun Nevsvun 100%
Nevsun
Nevsun Timok 100% 60.4% 46%
Bisha (60%) Timok Bisha 2018 12.5
1.7
3 2018 6%
45% 35% 20% 3.66
13.5 17.16 1.647
2.0131 6%
51% 35% 14% 100%
2018 12 26
2018 37
( )
4 2018 (Nkwe Platinum Limited)
0.1 354,385,240
3,544 1.676
60.47% 100%
(Garatau) 74%
5 2018 6 23 Ivanhoe Mines Ltd.
3.68 21,227,538 7,812 40,954
9.9%
24.77 2018 6.34 14.23
8
13.37 0.56 0.56
10
IVN Ivanhoe Mines 944,178,003 99,706,058 1,194,102,034 -911,247,583
AKG Asanko Gold 175,580,890 26,829,097 117,542,499 -25,356,875
PVG Pretium Resources 83,290,503 2,696,131 157,159,679 -41,228,792
1 50% 580 339,643 136,899 180,360 24,201
100% 373 203,697 94,091 115,761 1,451
60% 63 229,149 7,796 90,326 15,763
70% 277 257,057 -25,263 112,985 9,540
100% 894 172,063 141,525 129,202 50,226
2 100% 1,034 — — — —
38 2018
( )
2 100% 2,079 — — — —
51% 225 301,563 191,941 194,768 84,451
100% 1,004 545,575 272,080 161,326 33,170
72% 168 315,348 70,020 182,683 50,376
100% 894 172,063 141,525 129,202 50,226
70% 120 345,118 128,909 167,766 79,238
95% 384 218,656 153,666 136,414 39,593
100% 402 153,467 126,425 151,858 67,971
100% 30 792,446 397,966 1,893,870 41,855
87.2% 20 270,893 103,682 387,704 12,904
56% 550 142,100 102,860 145,391 63,241
41.5% 290 467,662 131,400 56,969 2,796
1. 50%
2.
2018 39
( )
[2017]289
2017 5 A 1,490,475,241 3.11
4,635,377,999.51 38,458,040.59 4,596,919,958.92
2017 5 23
(2017) 60468092_H02
459,731.50 356,384.32
356,384.32
78,790.00 2017 226,183.68
17.14% 2018 130,200.64
2018 12 31
1 323,118.21 244,328.21 244,328.21 323,118.21 244,328.21 181,715.55 -62,612.66 2019 6 30
(Kolwezi) (Kolwezi)
2 10,510.22 10,510.22 10,510.22 10,510.22 10,510.22 6,667.52 -3,842.70 2018 6 30
3 126,103.07 126,103.07 126,103.07 126,103.07 126,103.07 126,193.43 90.36
4 78,790.00 78,790.00 78,790.00 41,807.82 -36,982.18 2019 6 30
459,731.50 459,692.00 39.50
39.50
40 2018
( )
[2012]37 3
[2013]43
2015 8 18 2015
2015-2017 2015-2017
2015-2017 2018 12 29 2018 15
< 2018-2020 > 2018-2020
2019
2015-2017
60%
15% 2015-2017 2017 2017
23,031,218,891 10 0.9
2,072,809,700.19 2018 6 29
2018-2020
75%
25%
2018
4,093,773,630 2018 2018 23,031,218,891
10 1 2,303,121,889.1
10
10 10
(%)
2018 0 1.0 0 2,303,121,889 4,093,773,630 56.26
2017 0 0.9 0 2,072,809,700 3,507,717,627 59.09
2016 0 0.6 0 1,381,873,133 1,839,798,820 75.11
2018 41
( )
2008
A
A 2017 6 7 2017 6
129,163,987 8 (http://
40,170.00 3.11 36 www.hkexnews.hk)
2018 1 23 2018 1
23 (http://
www.hkexnews.hk)
9.90
42 2018
( )
14A
6
(a)
(b)
(c) 2018
1.
2.
3.
(d)
1.
2.
3.
6 A
2018 43
( )
2,495
16,731
19,226
232
8,613
268
5,645
509
4,191
19,226
30
456
3,282
3,721
11,737
19,226
2017
44 2018
( )
2 2018
2018
3,403,050,777
1
31
21 13 13 2
10 5,000
2018 12 31 XV
(a) XV 7 8
(b) 352
(c)
2018 45
( )
2018 12 31
102,000,000 0.59% 0.44%
H 8,000,000 0.14% 0.03%
110,000,000 0.48%
7,530,510 0.04% 0.03%
1,430,000 0.01% 0.01%
862,500 0.01% 0.01%
301,000 0.01% 0.01%
200,000 0.01% 0.01%
300,000 0.01% 0.01%
24,450 0.01% 0.01%
H 10,000 0.01% 0.01%
34,450 0.01%
2018 12 31 0.1 39
46 2018
( )
2018 12 31 721,545 H 881 720,664
1. 1 5,960,742,247 25.88%
2. 2 H 5,711,416,190 24.80%
3. 691,190,823 3.00%
4. 395,564,666 1.72%
5. 321,543,408 1.40%
6. 17 EB 287,000,380 1.25%
7. 191,694,700 0.83%
8. 165,219,737 0.72%
9. 160,771,704 0.70%
10. 3 149,099,138 0.65%
1. 208,484,145
2. 5,711,416,190 H 24.80%
3. 149,099,138 0.65%
2018 47
( )
2018 12 31 336
XV 2 3
H
5,960,742,247 25.88% 34.47% —
The Bank of New York Mellon H 460,138,674 2.00% — 8.02%
Corporation 1
The Bank of New York Mellon H 450,770,744 1.96% — 7.86%
Corporation 1
Van Eck Associates H 408,250,761 1.77% — 7.12%
Corporation 2
BlackRock, Inc. H 405,152,800 1.76% — 7.06%
3
BlackRock, Inc. H 2,068,000 0.01% — 0.04%
3
VanEck Vectors ETF - VanEck H 402,580,000 1.75% — 7.02%
Vectors Gold Miners ETF 4
(1) The Bank of New York Mellon Corporation 460,138,674 H H 8.02%
450,770,744 H H 7.86%
The Bank of New York Mellon Corporation 2018 12 25 The Bank of New York Mellon Corporation
The Bank of New York Mellon Corporation 460,138,674
The Bank of New York Mellon Corporation
% (Y/N)
The Bank of New York Mellon 240 Greenwich Street, New York, The Bank of New York 100.00 Y 460,138,674
NY10286 Mellon Corporation
(2) VanEck Vectors ETF - VanEck Vectors Gold Miners ETF Van Eck Associates Corporation Van Eck Associates Corporation
408,250,761 H H 7.12%
(3) BlackRock, Inc. 405,152,800 H H 7.06% 2,068,000 H
H 0.04%
48 2018
( )
BlackRock, Inc. 2019 1 3 BlackRock, Inc.
BlackRock, Inc. 405,152,800
2,068,000
BlackRock, Inc.
% (Y/N)
Trident Merger, LLC 1209 Orange Street, Wilmington BlackRock, Inc. 100.00 N 5,158,250
DE 19801, United States
(Delaware, USA)
BlackRock Investment 1209 Orange Street, Wilmington, Trident Merger, LLC 100.00 Y 5,158,250
Management, LLC New Castle County, Delaware
19801, United States
(Delaware, USA)
BlackRock Holdco 2, Inc. 1209 Orange Street, Wilmington BlackRock, Inc. 100.00 N 399,994,550
DE 19801, United States 2,068,000
(Delaware, USA)
BlackRock Financial 1209 Orange Street, Wilmington, BlackRock Holdco 2, 100.00 N 370,683,550
Management, Inc. New Castle County, Delaware Inc. 2,068,000
19801, United States
(Delaware, USA)
BlackRock Financial 1209 Orange Street, Wilmington, BlackRock Holdco 2, 100.00 Y 29,311,000
Management, Inc. New Castle County, Delaware Inc.
19801, United States
(Delaware, USA)
BlackRock Holdco 4, LLC 1209 Orange Street, Wilmington BlackRock Financial 100.00 N 231,439,337
DE 19801, United States Management, Inc. 2,068,000
(Delaware, USA)
BlackRock Holdco 6, LLC 1209 Orange Street, Wilmington BlackRock Holdco 4, 90.00 N 231,439,337
DE 19801, United States LLC 2,068,000
(Delaware, USA)
BlackRock Delaware Holdings Inc. 1209 Orange Street, Wilmington, BlackRock Holdco 6, 100.00 N 231,439,337
New Castle County, Delaware LLC 2,068,000
19801, United States
(Delaware, USA)
BlackRock Institutional Trust 1225 17th Street, Suite 300, Denver, BlackRock Delaware 100.00 Y 110,312,337
Company, National Association CO 80202 (Colorado, USA) Holdings Inc. 2,068,000
BlackRock Fund Advisors 400 Howard Street San Francisco, BlackRock Delaware 100.00 Y 121,127,000
CA 94105, United States Holdings Inc.
(California, USA)
BlackRock Capital Holdings, Inc. 1209 Orange Street, Wilmington, BlackRock Financial 100.00 N 3,406,000
New Castle County, Delaware Management, Inc.
19801, United States
(Delaware, USA)
2018 49
( )
% (Y/N)
BlackRock Advisors, LLC 1209 Orange Street, Wilmington, BlackRock Capital 100.00 Y 3,406,000
New Castle County, Delaware Holdings, Inc.
19801, United States
(Delaware, USA)
BlackRock International 1209 Orange Street, Wilmington, BlackRock Financial 100.00 N 135,838,213
Holdings, Inc. New Castle County, Delaware Management, Inc.
19801, United States
(Delaware, USA)
BR Jersey International 13 Castle Street, St. Helier, Jersey, BlackRock International 86.00 N 135,838,213
Holdings L.P. Channel Islands JE4 5UT (Jersey) Holdings, Inc.
BlackRock Lux Finco S.à r.l. 1st Floor, 35a Avenue J.F. Kennedy, BlackRock HK Holdco 100.00 N 3,321,190
L-1855 Luxembourg Limited
BlackRock Trident Holding Taney Hall, Eglington Terrace, BlackRock Lux Finco 100.00 N 3,309,190
Company Limited Dundrum, Dublin 14, S.à r.l.
Ireland (Ireland)
BlackRock Japan Holdings GK Marunouchi Trust Tower Main, BlackRock Trident 100.00 N 3,309,190
1-8-3 Marunouchi, Chiyoda-ku, Holding Company
Tokyo 100-8217 (Japan) Limited
BlackRock Japan Co., Ltd. Marunouchi Trust Tower Main, BlackRock Japan 100.00 Y 3,309,190
1-8-3 Marunouchi, Chiyoda-ku, Holdings GK
Tokyo 100-8217 (Japan)
BlackRock Holdco 3, LLC 1209 Orange Street, Wilmington BR Jersey International 100.00 N 120,779,051
DE 19801, United States Holdings L.P.
(Delaware, USA)
BlackRock Canada Holdings LP 161 Bay Street, Suite 2500, Toronto, BlackRock Holdco 3, 99.90 N 864,000
Ontario M5J 2S1, Canada LLC
(Ontario, Canada)
BlackRock Canada Holdings ULC 161 Bay Street, Suite 2500, Toronto, BlackRock Canada 100.00 N 864,000
Ontario M5J 2S1, Canada Holdings LP
(Ontario, Canada)
BlackRock Asset Management 161 Bay Street, Suite 2500, Toronto, BlackRock Canada 100.00 Y 864,000
Canada Limited Ontario M5J 2S1, Canada Holdings ULC
(Ontario, Canada)
BlackRock Australia Holdco Level 26, 101 Collins Street BR Jersey International 100.00 N 5,740,000
Pty. Ltd. Melbourne VIC 3000 Australia Holdings L.P.
(Victoria, Australia)
BlackRock Investment Level 26, 101 Collins Street BlackRock Australia 100.00 Y 5,740,000
Management (Australia) Limited Melbourne VIC 3000 Australia Holdco Pty. Ltd.
(Victoria, Australia)
BlackRock (Singapore) Holdco 20 Anson Road #18-01 079912 BR Jersey International 100.00 N 9,319,162
Pte. Ltd. Singapore (Singapore) Holdings L.P.
BlackRock HK Holdco Limited 13th Floor, One Pacific Place, BlackRock (Singapore) 100.00 N 7,559,162
88 Queensway, Hong Kong Holdco Pte. Ltd.
(Hong Kong)
BlackRock Asset Management 15/F, 16/F, 17/F Champion Tower & BlackRock HK Holdco 100.00 Y 4,237,972
North Asia Limited 17/F ICBC Tower, 3 Garden Road, Limited
Central, Hong Kong
50 2018
( )
% (Y/N)
BlackRock Cayman 1 LP c/o Interturst Corporate Services BlackRock Holdco 3, 100.00 N 119,915,051
(Cayman) Limited, 190 Elgin LLC
Avenue, George Town,
Grand Cayman, KY1-9005,
Cayman Islands
BlackRock Cayman West Bay c/o Interturst Corporate Services BlackRock Cayman 1 LP 100.00 N 119,915,051
Finco Limited (Cayman) Limited, 190 Elgin
Avenue, George Town,
Grand Cayman, KY1-9005,
Cayman Islands
BlackRock Cayman West Bay IV c/o Interturst Corporate Services BlackRock Cayman West 100.00 N 119,915,051
Limitied (Cayman) Limited, 190 Elgin Bay Finco Limited
Avenue, George Town,
Grand Cayman, KY1-9005,
Cayman Islands
BlackRock Group Limited 12 Throgmorton Avenue. London, BlackRock Cayman West 90.00 N 119,915,051
EC2N 2DL, United Kingdom Bay IV Limited
(England & Wales,
United Kingdom)
BlackRock Finance Europe Limited 12 Throgmorton Avenue. London, BlackRock Group 100.00 N 47,076,694
EC2N 2DL, United Kingdom Limited
(England & Wales,
United Kingdom)
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, BlackRock Finance 100.00 Y 914,000
Amstelplein, Amsterdam Europe Limited
Netherlands (Amsterdam,
Netherlands)
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue. London, BlackRock Finance 100.00 Y 398,000
EC2N 2DL, United Kingdom Europe Limited
(England & Wales,
United Kingdom)
BlackRock International Limited Exchange Place One, 1 Semple BlackRock Group 100.00 N 7,318,016
Street, Edinburgh, EH3 8BL, Limited
United Kingdom (Scotland,
United Kingdom)
BlackRock International Limited Exchange Place One, 1 Semple BlackRock Group 100.00 Y 706,000
Street, Edinburgh, EH3 8BL, Limited
United Kingdom (Scotland,
United Kingdom)
BlackRock Group Limited- 35 A, avenue J.F. Kennedy L-1855 BlackRock Group 100.00 N 64,814,341
Luxembourg Branch Luxembourg Limited
BlackRock Luxembourg Holdco 35 A, avenue J.F. Kennedy L-1855 BlackRock Group 100.00 N 64,814,341
S.à r.l. Luxembourg Limited-Luxembourg
Branch
BlackRock Investment JP Morgan House, International BlackRock Luxembourg 100.00 N 63,302,341
Management Ireland Financial Services Centre, Holdco S.à r.l.
Holdings Limited Dublin 1, Ireland (Ireland)
2018 51
( )
% (Y/N)
BlackRock Asset Management JP Morgan House, International BlackRock Investment 100.00 Y 63,302,341
Ireland Limited Financial Services Centre, Management Ireland
Dublin 1, Ireland (Ireland) Holdings Limited
BLACKROCK (Luxembourg) S.A. 35 A, avenue J.F. Kennedy L-1855 BlackRock Luxembourg 100.00 Y 1,454,000
Luxembourg Holdco S.à r.l.
BlackRock Investment 12 Throgmorton Avenue. London, BlackRock Finance 100.00 N 13,838,047
Management (UK) Limited EC2N 2DL, United Kingdom Europe Limited
(England & Wales
United Kingdom)
BlackRock Investment 12 Throgmorton Avenue. London, BlackRock Finance 100.00 Y 31,926,647
Management (UK) Limited EC2N 2DL, United Kingdom Europe Limited
(England & Wales,
United Kingdom)
BlackRock Fund Managers 12 Throgmorton Avenue. London, BlackRock Investment 100.00 Y 13,838,047
Limited EC2N 2DL, United Kingdom Management (UK)
(England & Wales, Limited
United Kingdom)
BlackRock Life Limited 12 Throgmorton Avenue. London, BlackRock International 100.00 Y 7,318,016
EC2N 2DL, United Kingdom Limited
(England & Wales,
United Kingdom)
BlackRock (Singapore) Limited 20 Anson Road #18-01 079912 BlackRock (Singapore) 100.00 Y 1,760,000
Singapore (Singapore) Holdco Pte. Ltd.
BlackRock UK Holdco Limited 12 Throgmorton Avenue. London, BlackRock Luxembourg 100.00 N 58,000
EC2N 2DL, United Kingdom Holdco S.à r.l.
(England & Wales,
United Kingdom)
BlackRock Asset Management Bahnhofstrasse 39 8001 Zurich, BlackRock UK Holdco 100.00 Y 58,000
(Schweiz) AG Switzerland (Switzerland) Limited
BlackRock Investment 28F, 95 Tun Hwa South Road, BlackRock Lux Finco 100.00 Y 12,000
Management (Taiwan) Limited Section 2, Taipei, Taiwan (Taiwan) S.à r.l.
838,000
2,068,000
(4) VanEck Vectors ETF - VanEck Vectors Gold Miners ETF 402,580,000 H H 7.02%
2018 12 31
XV 2 3
336
52 2018
( )
2018 12 31
3.10(1) 3.10(2)
4
2018
2018 12 31 12
1,045
2018 53
( )
2018 2018
2018 10 16 5.17% 450,000 10 31 450,000
2018 2018
10 18 5.282% 35,000 10 19 35,000
(%)
16 01 136304 2016 2021 300,000 2.99
2016 3 18 3 18
16 02 136305 2016 2021 200,000 3.37
2016 3 18 3 18
16 03 136549 2016 2021 180,000 3.05
2016 7 15 7 15
16 04 136550 2016 2021 120,000 3.45
2016 7 15 7 15
17 Y1 143917 2017 3 50,000 5.17
2017 9 12
3
18 Y1 136951 2018 3 450,000 5.17
2018 10 16
3
54 2018
( )
2016 2017 3 18
1 2018 3 18 2016
2017 7 15 2018 7 15
2017 2018 9 12
2018 2019 10 17
2016 50 0
2016 30
0 2017
5 0 2018
45 0
2018 12 31 58
91% 44.50%
5% 2018
2018 55
( )
2018
2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 30 2019 12 29
2016 12 28 2019 12 29
2016 12 28 2019 12 29
56 2018
( )
14.07(1) 8%
35
2018 2018 3 29
2018 12 31 45
2018 12 31 64
2018 57
( )
2018 12 31 3
25 3
2018 12 31 16
2018 12 31 24,664,493,547 2017 12 31
24,645,430,231
24 33 34
2
2.07 2017 1.54
25% 60
A
[2012]85 1 1
1 1 1 50% 1
25% 20%
12
10%
58 2018
( )
H
[1993]045 [2011]348
10% 10%
10% (1) 10%
(2) 10% 20%
(3)
20%
H
[2008]897 H 2008 10%
25%
2019 3 22
2018 59
2018
:
2018
2018 19 1
19 8 11 0 0 1 1 0
19 8 11 0 0 1 1 0
19 8 11 0 0 1 1 0
19 1 11 7 1 1 1 0
2018
2018-2022 30
60 2018
( )
2017
2017
2018 2018 1 23
2017
2017 2017
2017 2018 2018
2016
2017 2017
2018 61
( )
2018
2018
!
2019 3 22
62 2018
2018
2018
1. 6
1 1 23 42
2 3 23 42 2017
2017
2017
2017
2017 2017
2017
2017
2016
3 4 24 21 2018
4 8 24 21 2018
2018
5 10 25 41 2018
6 2018 1 12 29 41 A
2018
A <
2018 A
> A
< 2018-2020
>
2018 63
( )
2.
3.
4.
5.
1.
2.
2018
3.
4.
5. 2018
2018
64 2018
( )
2019
2019
1.
2.
3.
4.
5.
2019 3 22
2018 65
1.
2018
2020
2.
10,100
66 2018
( )
3.
1. 10,144.90
2. 773
1.
1.1 √
√
√
1.2 23
1.3 726
1.4 200
2.
2.1 80
2.2 126
2.3 104
3.
3.1 77
4.
4.1 262.7
4.2 386
4.3 521.3
5.
5.1 1,000
6.
6.1 √
6.2 2,813.37
7.
7.1
7.2 319
7.3 42.7
8.
8.1. 83
8.2. 4,379.83
8.3. 72
8.4.
2018 67
( )
4.
2019
(1)
(2)
(3)
(4)
(5)
(6)
www.sse.com.cn 2018 (ESG)
68 2018
( )
1.
(1)
2018 20
(t) (t/a)
COD 0-26mg/L 73.82 203
0.0002mg/L 0.005486 0.057
0.01mg/L 0.008954 0.38933
0.001mg/L 0.002628 0.04216 6
(GB25467-2010)
0.05mg/L 0.03828 3.66
2
0-0.2mg/L 0.072746 2.365
0.004mg/L 0.00631 0.108
1 7.125mg/m3 0.28045116 71.37
55.75mg/m3 4.18687137 5.54 1 (GB13271-
4.6325mg/m3 0.2919891348 11.5 2014)
1.7-8.35mg/m3 13.54 11
(GB25467-2010) 5
(GB12348-2008)
COD 11.67 3.165 6.9
0.006mg/L 0.001661 /
0.017mg/L 0.00443 0.042
0.009mg/L 0.002353 / 1 (GB8978-1996)
0.389mg/L 0.103007 0.115 1 4
2 0.05mg/L 0.014927 0.05
0.052mg/L 0.012823 /
4.275mg/m3 6.771 8 4 (GB16297-
1996) 2
(GB12348-2008)
0
112.86mg/m3 9.55
2 10
105mg/m3 8.95 1 (GB13271-
3 2014)
38.29mg/m3 3.26
25.14mg/m3 67.92 10
(GB25467-2010)
(GB12348-2008)
2018 69
( )
(t) (t/a)
0
387mg/m3 5.71
4 40m
223mg/m3 12.01 1 (GB13271-
6.2mg/m 3
14.38 2014)
(GB12348-2008)
COD 52.686mg/L 90.3115
1.49mg/L 2.5547
0.0003mg/L 0.0005
0.1501mg/L 0.2573
0.0327mg/L 0.056099
1 (GB25466-
0.0009mg/L 0.001554
2010) 2
0.3554mg/L 0.609152
0.0973mg/L 0.166768
5 35.3942mg/L 60.670422
1.1535mg/L 1.977318
199mg/m3 3.142
157mg/m 3
2.507000 1 (GB13271-
56.6mg/m3 0.846000 2014)
40.7mg/m3 25.746000 7 (GB25466-
2010) 2
(GB12348-2008)
0
124.3mg/m3 2.16 13.62
212.1mg/m 3
3.71 41.05 1 30m (GB13271-
6
34.1mg/m3 0.58 5.6 2014)
17mg/m3 7.18 7.28 3 (GB16297-
1996) 2
(GB12348-2008)
0
7 3
30mg/m3 4 5 (GB16297-
2 1996) 2
(GB12348-2008)
0
8
13.6mg/m3 9.8208 5 (GB16297-
1996) 2
(GB12348-2008)
70 2018
( )
(t) (t/a)
0
155mg/m3 24.241 84.1 MCT-6
129mg/m3 11.622 21.8
2 (GB13271-
9
44.69mg/m3 7.015 38.6 CS 2014) 1
35.016mg/m3 3.726 26.5 3
(GB25467-2010)
(GB12348-2008)
COD 5.28mg/L 3.7764 109.5
0.9087mg/L 0.65 27.375
0.00664mg/L 0.00475 0.09125
0.1038mg/L 0.0743 1.825 1 (GB8978-1996)
10
0.004mg/L 0.00286 0.165
0.00005mg/L 0.00004 0.0825
4.24mg/L 3.035 127.75
(GB12348-2008)
COD 24mg/L 6.66 14.355
0.552mg/L 0.55
0.0172mg/L 0.048 0.0335
0.2mg/L 0.028 0.0144
11 1 (GB8978-1996)
0.0035mg/L 0.0026 0.0009
0.046mg/L 0.045
0.0057mg/L 0.0044 0.0048
28.43mg/L 40.1
0
12
(GB12348-2008)
COD 7.713mg/L 11.247
0.857mg/L 1.25
0.011mg/L 0.016
0.006mg/L 0.0093
1 GB25467-2010
0.0000247mg/L 0.0023
0.00007mg/L 0.0001 GB8978-1996
0.0000027mg/L 0.00025
13
0.0000118mg/L 0.0011
68mg/m3 265.25 679.98
15.39mg/m 3
65.178 242.742
15.91mg/m3 71 (GB25467-2010)
13
0.45mg/m3 5.24 (GB16297-
1996)
(GB12348-2008)
2018 71
( )
(t) (t/a)
pH 7.86 / /
COD 23.647mg/L 0.0452 1.18
6.667mg/L 0.0138 0.177
0.132mg/L 0.0002641 0.00543 1 HAO11800 (GB8978-1996) 1
0.2mg/L 0.0004014 0.0118 4
0.05mg/L 0.0001004 0.00118
14 0.1795mg/L 0.0004 0.0023
2.3874mg/m3 0.089 0.96
(GB16297-
1996) 2
3
1.26mg/m3 0.042 0.5247
(GB14554-
93) 2
(GB12348-2008)
COD 16-78mg/L 8.799500 12
2.15-9.26mg/L 0.582700 1.6
0-0.371mg/L 0.008200 0.1 2
1
0-0.011mg/L 0.000400 0.1
0-0.007mg/L 0.000300 0.02
0mg/L 0.000000 0.01
112.05mg/m 3
398.63 570
15
6.79mg/m3 24.15 107
6.14mg/m3 21.85 82.5
0.0005- 1 120m
0.01 0.0198
0.0061mg/m3 GB25467-2010)
0.0587-
0.5772 1.155
0.326mg/m3
0.01-0.166mg/m3 0.0709 0.66
(GB12348-2008)
pH 6-9
COD 15.53mg/L 4.18 96
0.00126mg/L 0.002658 0.12
1 (GB25466-
0.021mg/L 0.004293 0.2 2010)
0.006mg/L 0.001243 0.02
16 0.00095mg/L 0.0001975 0.012
47.91mg/m3 189.4 992
48mg/m 3
155 515 (GB25466-
3 2010)
16.37mg/m 3
64.7 258
(GB
16.55mg/m3 12.81 13223-2011)
(GB12348-2008)
0
54mg/m3 15.82 36.8
17 116mg/m3 30.26 33.5 60m DB41/1066-2015
1
10mg/m3 2.61
(GB12348-2008)
72 2018
( )
(t) (t/a)
0
178.5mg/m3 49.55
18
87.75mg/m3 24.41 1 60
48mg/m 3
12.74 (GB13271-2014)
(GB12348-2008)
COD 46.73mg/L 2.46 20
5.51mg/L 0.29 1.51
1
0.06mg/L 0.003 (GB8978-1996)
19 0.076mg/L 0.004
90
74.5mg/m3 32.65 285.4 1
(GB12348-2008)
0
20
(GB12348-2008)
(2)
2018 73
( )
(3)
2018
14 7
2018
2018
2018.4.3 [2018]15
1 2018
2018.4.3 [2018]16
3 2018.6.19 [2018]68
2018
2016.8.5 [2016]73
50kt/a 2018
2 2017.1.24 [2017]5
2018.4.24 [2018]22
3 2018.6.13 [2018]22
2018.1.19 [2018]1
4
2018.8.9 [2018]29
5 2018.12.25 [2018]76
6 2018.10.11 [2018]016
7 2018.1.31 [2018]20
30
2018
2018.1.8 [2018]17
10
2 2018.6.13 [2018]05
8
2018.8.20 [2018]98
1
2018.12.19 [2018]158
10,000t/d 2014.12.3 [2014]279 2018
9 2013.3.26 [2013]210 2018
74 2018
( )
(4)
(5)
31
(6)
CMA ISO14001
2018 3
6 2018-2020
2018 1 1
30% 50% 75%
50%
2018 6.63 399.4
60.2 4,329.15 6
104.36 m2 16.05 m2
B
7,840
2 m2
2018 75
( )
2.
(1)
20 6
(t) (t/a)
0
125.68mg/m3 46.32 370
123.68mg/m3 45.56 62.91 1
1 60
28.41mg/m 3
10.46 55 (GB13271-2014)
51.4mg/m3 246.63 18
(GB12348-2008)
0
2
(GB12348-2008)
0
89mg/m3 5.85
57mg/m3 4.33 1
3 7.55mg/m3 0.76 (GB13271-2014)
7.46mg/m3 3.85 4 (GB25466-
2010)
(GB12348-2008)
COD 27.25mg/L 1.8165 7.121
12.9mg/L 0.8599269 1.068
<0.05mg/L 0.00333305 0.0504 1
(GB8978-1996)
0.024mg/L 0.001599864 0.0252
<0.05mg/L 0.00121 0.126
4
13mg/m3 4.13236 6.43 2 15m
(GB9078-1996)
(GB12348-2008)
COD 53mg/L 0.56 0.66 1 (GB8976-1996) 4
5
(GB12348-2008)
0
74-88mg/m3 14 0.378 1.9125 2
6
(GB16297-
1996) 2
(GB12348-2008)
76 2018
( )
(2)
(3)
2018
6 2
2018
1 2018.11.19 [2018]38
2018.9.27 [2018]16
2 2018.6.13 [2018]45
2018.11.25 [2018]87
3 2018.10.23 [2018]238
450
4 2012.3.23 [2012] 41 2018
100
5 2017.3.6 [2017]7 2018
6 10 2018.12.13 [2018]102
(4)
(5)
2018 77
A.1.8
F.1.3
2018 A.5.6
2018
2018 12 31
2003 12 23
2018 12 31
2018 12 31 2016 12 30 2019 12 29 3
78 2018
( )
3.13
3.13
A.2.1
2019
1
2018 79
( )
11 4
5 2
80 2018
( )
2017 2018 5 17 www.hkexnews.hk 2018 5 17
2018 12 31 19 1
19 19 11 0 0 1
19 19 11 0 0 1
19 19 12 0 0 1
19 19 11 0 0 1
19 19 11 0 0 1
19 19 12 0 0 1
19 18 11 0 0 1
19 19 11 0 0 1
19 19 11 0 0 1
19 19 12 0 0 1
19 11 10 7 1 1
19
7
11
1
2018 81
( )
(i)
(ii)
(iii)
(iv)
(v)
A.6.5 2018 12 31
82 2018
( )
2017
2018 2018
2018 1
1 1 0
1 1 0
1 0 1
1 1 0
1 1 0
1 1 0
2018
1,000,001 2,000,000 1
2,000,001 3,000,000 2
3,000,001 4,000,000 1
3
2018 12 31 10,450,000 3.5
200,000
400,000 150,000
164,700 2,600,000
2018 83
( )
2018 6
6 6 0
6 6 0
6 6 0
6 6 0
6 6 0
6 6 0
6
2018 3 2017
2018 4 2018
2018 8 2018
2018 10 2018
84 2018
( )
2018
2019 3 21 2018
2018 2018 12 31
2018
2 2 0
2 2 0
2 2 0
2 2 0
2 2 0
2 2 0
2 1 1
19 19 0
19 19 0
19 18 1
19 19 0
19 19 0
19 19 0
2018 12 31
15
2018 85
( )
2018 5 17
www.zjky.cn
1811
B 41 (86)592-2933652
2018-2022 30
2017 2018 2018 2018
2018
2019 3 21
2018 2018
2018 12 31 2018
2018
86 2018
( )
A 2018 4
24 2018 2018 10 26 2018
2018 5 17 2017
2019 3 22 2,303,121,889.1 H 5,736,940,000
24.91% A 16,875,725,837 73.27% A
418,553,054 1.82%
98.18%
2018
2018 87
( )
44 2018
15 36
88 2018
(2019) 60468092_H01
2018 12 31
2018
2018 12
31 2018
2018 89
( )
(2019) 60468092_H01
( )
2018 12 31
34,144,464,854
5,355,805,804 22,510,280,215
314,149,588 1.
2.
16
17 19 20 16 17 18 19 52
1
2
3
4
5
6
90 2018
( )
(2019) 60468092_H01
( )
1 2018 9 17
Rudarsko-Topioniarski 1
Basen RTB Bor Doo
63%
2018 12 18
2
350,000,000
2,409,890,000
63%
3
2 2018 9 5 Nevsun Resources
Ltd.
6 4
309,749,905
5
2018 12 28
276,820,575
89.37%
2018 12 31 6
1,660,923,450
8,367,898,912
2018 12 31
2018 91
( )
(2019) 60468092_H01
( )
( )
3
45%
2018 12
17 201,310,000
6%
2018 12 26
51%
1.
92 2018
( )
(2019) 60468092_H01
( )
1
1 6 2018 12 31
1,009,871,109 22
0.9%
1,415,512,562 2
1.3% 22
3
4
5
9 11
4 6 53 6 2018 12 31
7
A 2018 H 2018
A 2018 H 2018
2018 93
( )
(2019) 60468092_H01
(1)
(2)
(3)
(4)
(5)
(6)
94 2018
( )
(2019) 60468092_H01
( )
2019 3 22
2018 95
2018
2018 12 31 2017 12 31
1 10,089,890,808 5,936,066,673
2 787,134,360 —
3 — 2,553,927,721
4 1,009,871,109 2,812,240,046
5 1,419,162,525 1,344,141,153
6 1,415,512,562 1,153,002,957
7 12,669,674,863 11,089,834,955
8 246,189,223 —
9 307,233,993 257,775,683
10 2,504,018,792 3,528,021,403
30,448,688,235 28,675,010,591
11 — 778,201,186
12 7,041,753,269 6,797,348,216
13 1,983,796,793 —
14 401,513,674 —
15 608,221,789 350,540,469
16 34,144,464,854 30,136,199,603
17 5,355,805,804 3,296,568,444
18 22,510,280,215 9,903,526,027
19 314,149,588 463,597,655
20 987,315,471 1,114,758,644
21 884,776,204 840,108,626
22 8,198,537,946 6,959,404,089
82,430,615,607 60,640,252,959
112,879,303,842 89,315,263,550
24 15,616,680,236 9,855,873,011
25 242,482,582 —
26 — 2,314,244,937
27 4,700,981,856 4,396,254,031
28 — 2,143,111,140
29 277,125,058 —
30 726,630,090 661,764,830
31 903,782,106 1,175,693,479
32 4,979,586,829 3,646,308,326
8 68,739,751 —
33 9,707,089,022 4,600,343,261
37,223,097,530 28,793,593,015
96 2018
( )
2018
( ) 2018 12 31 2017 12 31
34 12,917,915,706 6,599,046,795
35 8,879,453,693 13,779,116,465
36 733,077,872 563,703,645
37 2,686,090,453 861,014,312
38 422,783,097 451,419,375
21 2,743,172,789 624,524,725
28,382,493,610 22,878,825,317
65,605,591,140 51,672,418,332
39 2,303,121,889 2,303,121,889
40 4,985,500,000 498,550,000
4,985,500,000 498,550,000
41 11,094,766,390 11,109,919,061
42 (1,575,973,065) (602,893,526)
43 147,393,497 176,862,772
44 1,319,401,104 1,319,401,104
45 22,181,224,459 20,194,761,855
40,455,434,274 34,999,723,155
6,818,278,428 2,643,122,063
47,273,712,702 37,642,845,218
112,879,303,842 89,315,263,550
2018 97
2018
2018 2017
46 105,994,246,123 94,548,619,098
46 92,651,374,475 81,371,973,684
47 1,598,995,649 1,352,340,359
48 887,451,338 748,942,449
49 2,964,964,865 2,694,689,753
50 274,380,222 299,380,476
51 1,254,241,143 2,012,950,292
1,576,224,662 1,589,043,304
351,234,358 321,154,652
52 1,500,399,230 2,220,905,893
53 (82,017,400) —
54 227,613,533 228,882,015
55 1,060,522,923 155,670,082
373,063,390 (29,259,162)
56 (135,783,729) 750,200,343
57 84,561,738 44,456,123
6,181,371,066 5,026,644,755
58 365,953,586 57,610,854
59 417,144,870 516,295,416
6,130,179,782 4,567,960,193
60 1,447,503,229 1,320,410,996
4,682,676,553 3,247,549,197
4,682,676,553 3,247,549,197
4,093,773,630 3,507,717,627
588,902,923 (260,168,430)
98 2018
( )
2018
2018 2017
(1,159,682,051) —
— (109,669,097)
— 168,224,050
61,666,120 —
(62,020,181) (18,760,719)
(1,160,036,112) 39,794,234
(14,449,278) 20,989,731
(1,174,485,390) 60,783,965
3,508,191,163 3,308,333,162
2,933,737,518 3,547,511,861
574,453,645 (239,178,699)
61
0.18 0.16
2018
2,303,121,889 11,109,919,061 498,550,000 (602,893,526) 176,862,772 1,319,401,104 20,194,761,855 34,999,723,155 2,643,122,063 37,642,845,218
— — — 186,956,573 — — (9,495,496) 177,461,077 2,753,414 180,214,491
2,303,121,889 11,109,919,061 498,550,000 (415,936,953) 176,862,772 1,319,401,104 20,185,266,359 35,177,184,232 2,645,875,477 37,823,059,709
— — — (1,160,036,112) — — 4,093,773,630 2,933,737,518 574,453,645 3,508,191,163
1. — — — — — — — — 78,000,000 78,000,000
2. — (15,152,671) 4,486,950,000 — — — 979,461 4,472,776,790 4,369,183,083 8,841,959,873
1. — — — — — — (2,072,809,700) (2,072,809,700) (849,673,586) (2,922,483,286)
2. — — — — — — (25,985,291) (25,985,291) — (25,985,291)
1. — — — — 667,226,059 — — 667,226,059 24,190,408 691,416,467
2. — — — — (696,695,334) — — (696,695,334) (23,750,599) (720,445,933)
2,303,121,889 11,094,766,390 4,985,500,000 (1,575,973,065) 147,393,497 1,319,401,104 22,181,224,459 40,455,434,274 6,818,278,428 47,273,712,702
2017
2,154,074,365 6,703,357,022 — (642,687,760) 159,412,702 1,319,401,104 18,068,917,361 27,762,474,794 3,354,033,392 31,116,508,186
— — — 39,794,234 — — 3,507,717,627 3,547,511,861 (239,178,699) 3,308,333,162
1. 149,047,524 4,447,872,435 — — — — — 4,596,919,959 23,760,000 4,620,679,959
2. — (41,310,396) 498,550,000 — — — — 457,239,604 (271,476,223) 185,763,381
1. — — — — — — (1,381,873,133) (1,381,873,133) (226,683,558) (1,608,556,691)
1. — — — — 615,979,126 — — 615,979,126 45,919,459 661,898,585
2. — — — — (598,529,056) — — (598,529,056) (43,252,308) (641,781,364)
2,303,121,889 11,109,919,061 498,550,000 (602,893,526) 176,862,772 1,319,401,104 20,194,761,855 34,999,723,155 2,643,122,063 37,642,845,218
2018
2018
99
100 2018
2018
2018 2017
110,239,590,856 99,931,682,747
62 1,040,735,937 1,001,042,952
111,280,326,793 100,932,725,699
(91,365,517,820) (81,347,857,731)
(3,072,305,591) (2,923,049,026)
(4,533,769,385) (4,384,587,083)
62 (2,075,724,296) (2,512,876,345)
(101,047,317,092) (91,168,370,185)
10,233,009,701 9,764,355,514
850,079,833 736,481,303
679,307,171 605,314,269
363,398,711 95,865,471
63 — 35,306,085
63 — 227,412,775
62 2,324,310,263 130,000,003
4,217,095,978 1,830,379,906
(7,808,861,922) (5,037,484,759)
(1,384,653,295) (990,949,510)
63 (7,853,617,667)
62 (810,173,540) (1,749,548,450)
(17,857,306,424) (7,777,982,719)
(13,640,210,446) (5,947,602,813)
78,000,000 4,620,679,959
78,000,000 23,760,000
4,486,950,000 498,550,000
25,744,349,427 3,748,020,500
7,453,452,046 9,132,661,654
2,402,120,455
62 40,120,269 197,170,598
40,204,992,197 18,197,082,711
2018 101
( )
2018
2018 2017
( )
(14,423,736,524) (4,955,020,405)
(9,277,529,360) (7,338,834,168)
(2,500,000,000) (5,000,000,000)
(4,594,953,627) (3,188,451,228)
(849,673,586) (226,683,558)
62 (1,753,604,248) (389,064,253)
(32,549,823,759) (20,871,370,054)
7,655,168,438 (2,674,287,343)
(69,473,497) (100,944,745)
63 4,178,494,196 1,041,520,613
5,754,343,955 4,712,823,342
63 9,932,838,151 5,754,343,955
102 2018
2018
2018 12 31 2017 12 31
3,405,752,073 3,609,294,859
149,869,381 —
— 175,870,145
1 944,410,158 1,153,107,622
54,761,022 100,765,817
2 13,369,134,726 10,674,817,824
181,835,201 218,436,302
142,501,896 —
294,869,619 2,256,160,618
18,543,134,076 18,188,453,187
3 — 460,422,337
4 29,273,825,050 24,493,001,347
299,890,204 —
5 3,423,396,138 3,581,268,191
6 162,970,313 207,966,784
7 280,495,251 288,820,973
8 202,140,313 176,180,098
203,515,795 255,037,344
9 9,830,231,598 11,617,840,714
43,676,464,662 41,080,537,788
62,219,598,738 59,268,990,975
6,439,941,129 4,643,139,800
— 2,163,798,120
11 643,993,331 606,247,061
— 8,133,245
9,110,298 —
131,945,173 131,832,706
39,111,115 79,123,696
976,050,313 1,042,641,567
9,219,712,010 3,162,651,847
295,798,605 64,079,723
17,755,661,974 11,901,647,765
2018 103
( )
2018
( ) 2018 12 31 2017 12 31
4,752,185,360 5,681,201,760
12 6,493,057,030 13,779,116,465
13 274,768,834 232,927,534
188,631,381 222,595,881
802,178,723 4,399,450
12,510,821,328 19,920,241,090
30,266,483,302 31,821,888,855
2,303,121,889 2,303,121,889
4,985,500,000 498,550,000
4,985,500,000 498,550,000
13,057,926,951 13,226,407,493
(79,283,749) —
1,151,560,944 1,090,812,600
10,534,289,401 10,328,210,138
31,953,115,436 27,447,102,120
62,219,598,738 59,268,990,975
104 2018
2018
2018 2017
14 4,085,832,610 3,786,088,988
14 2,508,626,347 2,241,847,147
264,944,671 245,695,914
21,687,249 18,574,788
573,830,314 517,991,386
168,145,513 270,583,905
15 188,566,687 280,457,765
1,206,285,681 1,187,819,033
960,508,815 984,241,991
16 3,575,729 154,572,757
(140,022,078) —
53,750,800 62,627,659
17 1,939,227,308 1,450,301,281
(92,829,106) (88,124,377)
(14,512,179) 66,289,913
22,394,838 15,455,106
2,497,338,945 1,651,039,285
27,651,054 19,878,058
78,848,961 118,645,966
2,446,141,038 1,552,271,377
72,393,688 87,933,755
2,373,747,350 1,464,337,622
2,373,747,350 1,464,337,622
(174,225,295) —
— 88,866,653
2,199,522,055 1,553,204,275
2018 105
2018
2018
2,303,121,889 13,226,407,493 498,550,000 — — 1,090,812,600 10,328,210,138 27,447,102,120
— — — 94,941,546 — — — 94,941,546
2,303,121,889 13,226,407,493 498,550,000 94,941,546 — 1,090,812,600 10,328,210,138 27,542,043,666
— — — (174,225,295) — — 2,373,747,350 2,199,522,055
1. — (168,480,542) 4,486,950,000 — — — — 4,318,469,458
1. — — — — — 60,748,344 (60,748,344) —
2. — — — — — — (2,072,809,700) (2,072,809,700)
3. — — — — — — (34,110,043) (34,110,043)
1. — — — — 224,649,055 — — 224,649,055
2. — — — — (224,649,055) — — (224,649,055)
2,303,121,889 13,057,926,951 4,985,500,000 (79,283,749) — 1,151,560,944 10,534,289,401 31,953,115,436
2017
2,154,074,365 8,576,035,058 — (88,866,653) — 1,090,812,600 10,245,745,649 21,977,801,019
— — — 88,866,653 — — 1,464,337,622 1,553,204,275
1. 149,047,524 4,447,872,435 — — — — — 4,596,919,959
2. — — 498,550,000 — — — — 498,550,000
1. — — — — — — (1,381,873,133) (1,381,873,133)
1. — — — — 286,719,499 — — 286,719,499
2. — — — — (286,719,499) — — (286,719,499)
— 202,500,000 — — — — — 202,500,000
2,303,121,889 13,226,407,493 498,550,000 — — 1,090,812,600 10,328,210,138 27,447,102,120
106 2018
2018
2018 2017
4,852,104,833 4,669,981,355
129,466,037 153,341,167
4,981,570,870 4,823,322,522
(1,702,531,642) (1,809,061,219)
(548,407,225) (593,608,211)
(674,968,309) (493,472,793)
(305,020,781) (628,728,906)
(3,230,927,957) (3,524,871,129)
18 1,750,642,913 1,298,451,393
3,622,104,484 2,735,932,843
2,766,905,737 2,092,101,118
30,741,786 21,932,835
1,913,450,104 806,493,396
8,333,202,111 5,656,460,192
(1,092,878,647) (534,388,296)
(7,448,064,868) (2,466,372,699)
(232,970,894) (3,715,262,962)
(8,773,914,409) (6,716,023,957)
(440,712,298) (1,059,563,765)
— 4,596,919,959
4,486,950,000 498,550,000
2,628,951,300 4,780,883,250
5,651,491,129 6,827,221,812
— 3,170,885
12,767,392,429 16,706,745,906
(1,658,406,440) (3,368,652,316)
(6,934,413,092) (5,058,604,805)
(2,500,000,000) (5,000,000,000)
(3,244,655,164) (2,492,430,334)
(25,663,978) (23,848,300)
(14,363,138,674) (15,943,535,755)
(1,595,746,245) 763,210,151
2018 107
( )
2018
2018 2017
16,110,640 (117,793,019)
18 (269,704,990) 884,304,760
3,396,040,173 2,511,735,413
18 3,126,335,183 3,396,040,173
108 2018
2018
2000
9 6
91350000157987632G
2000 8 17 (2000)22
1999 12 31
2004 6 16
2003 6 28 2003 11 18
[2003]41
0.1 400,544,000 3.3 3.516
36,413,090 3.3
3.516 131,413,091 2004 5 28 2003
131,413,091 1,314,130,910
0.1 262,826,182 2005 5 31 2004
262,826,182 2,628,261,820
0.1 525,652,364 2006 5 18 2005
525,652,364 5,256,523,640
0.1 2005 5,256,523,640 10 10
2007 4 30 2006 262,826,182
2,628,261,820 0.1 2006 10,513,047,280
10 2.5 1,314,130,910
[2008]417 [2008]29 2008 4 25
A 14 0.1
7.13 1,454,130,910
A 1,050,000,000 2008 4 25
350,000,000 2008 7 25 4,210,902,100 36
4,924,966,980 12 A
2009 4 27 33.87%
2011 5 30 2010 727,065,455
7,270,654,550 0.1 2010 14,541,309,100
10 5
2013 5 28 2012 2013 A 2013 H
H 2013 8 21 2013 11 13
2013 12 4 2013 12 10 2013 12 16 2013 12 18 2013 12 23 H
2013 12 31 H 111,806,000
2014 5 28 2013 2014 A 2014 H
H 2014 1 3 2014 1 10
2014 2 7 2014 9 15 2014 9 18 2014 9 19 2014 9 22 2014 10 28
2014 11 6 2014 11 7 2014 11 18 H 2014 12 31
H 127,344,000
2018 109
( )
2018
( )
2015 5 11 2014 2015 A 2015 H
H 2015 2016 6
20 2015 6 9 2015 6 10 2015 6 17 2015 6 18 2015 6 19
2015 6 22 2015 6 23 2015 6 26 2015 6 29 2015 6 30 H
2015 12 31 H 29,570,000
2016 1 13 H 2016 12 31 H 2,500,000
2016 8 25 2016 2017 5 9
[2017]289 2017 5 23
0.1 1,490,475,241 3.11
2,303,121,889
2019 3 22
2018 12 31 30,448,688,235 37,223,097,530
110 2018
( )
2018
1.
2018 12 31
2018
2.
1 1 12 31
3.
4.
2018 111
( )
2018
( )
4. ( )
( )
5.
6.
7.
112 2018
( )
2018
( )
8.
9. 2018 1 1
(1)
(2)
(a) (b)
2018 113
( )
2018
( )
9. 2018 1 1 ( )
( )
114 2018
( )
2018
( )
9. 2018 1 1 ( )
( )
( )
(1)
(2)
(3)
(4)
2018 115
( )
2018
( )
9. 2018 1 1 ( )
12
3
116 2018
( )
2018
( )
9. 2018 1 1 ( )
10. 2017
(1)
(2)
(a) (b)
2018 117
( )
2018
( )
10. 2017 ( )
118 2018
( )
2018
( )
10. 2017 ( )
2018 119
( )
2018
( )
10. 2017 ( )
( )
( )
120 2018
( )
2018
( )
11.
2017
10,000,000
2018 1 1 9
12.
13.
2018 121
( )
2018
( )
14.
122 2018
( )
2018
( )
14. ( )
15.
16.
16
BNL
8-50 0%-5% 1.90%-12.50%
5-40 0%-5% 2.38%-19.00%
8-30 0%-5% 3.17%-12.50%
5-15 0%-5% 6.33%-20.00%
4-10 0%-5% 9.50%-25.00%
3-10 0%-5% 9.50%-33.33%
2018 123
( )
2018
( )
17.
18.
(1)
(2)
(3)
(1)
(2)
3
124 2018
( )
2018
( )
19.
18
30-50
10
20.
2018 125
( )
2018
( )
20. ( )
21.
1
5-50
22.
23.
(1)
(2)
(3)
126 2018
( )
2018
( )
24.
25. 2018 1 1
26. 2017
2018 127
( )
2018
( )
26. 2017 ( )
27. 2018 1 1
2018 12 31
28.
128 2018
( )
2018
( )
29.
(1)
(2)
(1)
(2)
30.
2018 129
( )
2018
( )
30. ( )
31. 2018 1 1
66
130 2018
( )
2018
( )
32. 2017
33.
34.
35.
36.
2018 131
( )
2018
( )
36. ( )
37.
BNL
BNL (PD)
50% BNL 50% BNL
BNL
49.5%
132 2018
( )
2018
( )
37. ( )
2018 1 1
16 17 18
19
2018 133
( )
2018
( )
37. ( )
( )
2017 14 22
23 24
37 2018 1 1
2018 1 1
2,143,111,140 — 2,143,111,140
— 2,143,111,140 (2,143,111,140)
2,143,111,140 2,143,111,140 —
134 2018
( )
2018
( )
37. ( )
( )
( )
2018 1 1 ( )
8,133,245 — 8,133,245
— 8,133,245 (8,133,245)
8,133,245 8,133,245 —
2018
277,125,058 — 277,125,058
— 277,125,058 (277,125,058)
277,125,058 277,125,058 —
9,110,298 — 9,110,298
— 9,110,298 (9,110,298)
9,110,298 9,110,298 —
2018 135
( )
2018
( )
37. ( )
( )
( )
2018 1 1
2018 1 1
2018 1 1
1,292,864,505 1,292,864,505
1,519,375,541 1,519,375,541
2,510,982,823 2,510,982,823
778,201,186 1,015,392,343
853,357,262 853,357,262
1,700,570,459 1,700,570,459
994,007,531 994,007,531
159,100,091 159,100,091
1,980,000,000 1,980,000,000
169,254,600 169,254,600
460,422,337 578,733,819
6,615,545 6,615,545
136 2018
( )
2018
( )
37. ( )
( )
( )
2017 2018
12 31 1 1
1,292,864,505 — — 1,292,864,505
— — (9,495,496) (9,495,496)
1,292,864,505 — (9,495,496) 1,283,369,009
1,519,375,541 (1,519,375,541) — —
— 1,519,375,541 — 1,519,375,541
1,519,375,541 — — 1,519,375,541
2,478,771,645 (2,478,771,645) — —
— 2,478,771,645 — 2,478,771,645
— — 237,191,157 237,191,157
2,478,771,645 — 237,191,157 2,715,962,802
853,357,262 (853,357,262) — —
— 853,357,262 — 853,357,262
853,357,262 — — 853,357,262
2,510,982,823 (2,510,982,823) — —
— 2,510,982,823 — 2,510,982,823
2,510,982,823 — — 2,510,982,823
2018 137
( )
2018
( )
37. ( )
( )
( )
2017 12 31
11,196,522 — 9,495,496 20,692,018
2018 [2018]15
2018
138 2018
( )
2018
( )
37. ( )
( )
2018
2017 2018
12 31 1 1
— 3,364,340,085 — — — 3,364,340,085
2,553,927,721 (2,553,927,721) — — — —
1,519,375,541 — — — (1,519,375,541) —
1,292,864,505 — — — (1,292,864,505) —
— — (9,495,496) — 2,812,240,046 2,802,744,550
3,528,021,403 (2,321,454,667) — — — 1,206,566,736
778,201,186 (778,201,186) — — — —
— 2,478,771,645 237,191,157 — — 2,715,962,802
6,959,404,089 (189,528,156) — — — 6,769,875,933
— — — 2,143,111,140 — 2,143,111,140
2,143,111,140 — — (2,143,111,140) — —
624,524,725 — 47,481,170 — — 672,005,895
(602,893,526) — 186,956,573 — — (415,936,953)
20,194,761,855 — (9,495,496) — — 20,185,266,359
2,643,122,063 — 2,753,414 — — 2,645,875,477
2018 139
( )
2018
( )
37. ( )
( )
( )
2018
2017 2018
12 31 1 1
— 2,149,254,600 — — — 2,149,254,600
175,870,145 (175,870,145) — — — —
159,100,091 — — — (159,100,091) —
994,007,531 — — — (994,007,531) —
— — — — 1,153,107,622 1,153,107,622
2,256,160,618 (1,980,000,000) — — — 276,160,618
460,422,337 (460,422,337) — — — —
— 467,037,882 111,695,937 — — 578,733,819
— — — 8,133,245 — 8,133,245
8,133,245 — — (8,133,245) — —
— — 16,754,391 — — 16,754,391
— — 94,941,546 — — 94,941,546
2018 12 7 21 2006
2 15 21 2006 10 30 21
2019 1 1
4 8
2019 1 1
140 2018
( )
2018
1.
2018 5 1
17% 2018 5 1 16%
2018 5 1 11%
2018 5 1 10% 6%
3%
(GST)
10%-20%
1% 7%
2016 7 1
1%-4% 2%-7% 1%-6%
2%-6%
2.5%-6% 2.5%-8%
25%
16.5%
30%
13%
20%
15%
38%
0% 1%-
20%
(30%-60%)
2018 141
( )
2018
( )
2.
[2011]58
2011 1 1 2020 12 31
2011 2013 21
70% 15%
< > 2018
23
2018 15%
(1) 2018
15%
(2) 2018 15%
(3) 2018 15%
(4) 2018 15%
(5) 2018
15%
< > [2016]32
< >
[2016]195 2017 10 23
GR201735000251 2017 10 23
2020 10 23 2018
15%
142 2018
( )
2018
1.
2018 2017
3,467,899 3,680,034
9,814,256,960 5,533,321,796
1 272,165,949 399,064,843
10,089,890,808 5,936,066,673
1 2018 12 31
101,359,612 2017 12 31 89,172,507
52,693,045
2017 12 31 92,550,221 3,000,000 2017 12
31 115,113,292 2017 12 31 217,342,125
2018 12 31 5,778,285,534 2017 12 31
1,869,741,048 9,736,619 2017 12 31 279,943
7 12
2. 2018
2018
1 8,767,740
2 357,294,790
3 107,539,834
4 313,531,996
787,134,360
1
2
3
2018
(1) 79,720,776
31,087,405
48,633,371
(2) 27,819,058
107,539,834
4
2018 143
( )
2018
( )
3. 2017
2017
1 34,525,569
2 2,331,172,973
3 16,703,231
4 171,525,948
2,553,927,721
1
2
3
2017
(1) 16,703,231
1,918,699
14,784,532
(2) —
16,703,231
4
4.
2018 2017
1 — 1,519,375,541
1,009,871,109 1,292,864,505
1,009,871,109 2,812,240,046
1 2018 1 1
10
144 2018
( )
2018
( )
4. ( )
2017
1,260,004,739
259,370,802
1,519,375,541
2017
280,000,000
2017
101,195,068 144,000,000
— 18,250,000
101,195,068 162,250,000
2017 12 31 15,509,262
1 6
2018 2017
1 971,470,996 1,244,854,634
1 2 28,163,819 46,108,796
2 3 18,359,531 2,164,105
3 3,863,260 10,933,492
1,021,857,606 1,304,061,027
11,986,497 11,196,522
1,009,871,109 1,292,864,505
2018 145
( )
2018
( )
4. ( )
( )
2018 11,196,522 9,495,496 2,455,700 — (11,161,221) 11,986,497
2017 6,429,534 — 7,695,229 — (2,928,241) 11,196,522
2018
(%) (%)
4,650,678 0.46 3,983,886 85.66
1,017,206,928 99.54 8,002,611 0.79
1,021,857,606 100.00 11,986,497 1.17
2017
(%) (%)
982,912,244 75.37 — —
— — — —
321,148,783 24.63 11,196,522 3.49
1,304,061,027 100.00 11,196,522 0.86
2018
(%)
1 971,384,134 0.30 2,914,152
1 2 25,016,888 6.00 1,501,013
2 3 17,695,503 15.00 2,654,325
3 3,110,403 30.00 933,121
1,017,206,928 8,002,611
146 2018
( )
2018
( )
4. ( )
( )
2018 2,455,700 2017 7,695,229 2018 2017
2018 11,161,221 2017 2,928,241
2018 12 31
(%)
The Perth Mint Australia 89,930,782 8.80 269,792
86,182,790 8.43 258,548
Golden Wealth International
Trading Limited 62,641,775 6.13 187,925
Freepoint Metals & Concentrate 55,573,232 5.44 166,720
55,166,980 5.40 165,501
349,495,559 34.20 1,048,486
2017 12 31
(%)
330,000,000 25.31 —
141,030,729 10.81 —
57,892,351 4.44 —
45,390,760 3.48 —
37,748,219 2.89 —
612,062,059 46.93 —
2018 147
( )
2018
( )
5.
2018 2017
(%) (%)
1 1,276,215,825 89.17 1,270,022,437 93.94
1 2 104,815,990 7.66 50,917,324 3.77
2 3 23,455,856 1.72 8,029,119 0.59
3 19,047,379 1.45 22,924,743 1.70
1,423,535,050 100 1,351,893,623 100
4,372,525 7,752,470
1,419,162,525 1,344,141,153
2018 12 31 2017 12 31 1
2018 12 31
2018 7,752,470 1,076,140 — (3,645,702) (810,383) 4,372,525
2017 8,965,707 195,918 — (1,409,155) — 7,752,470
2018 12 31
(%)
150,817,902 10.59
42,747,400 3.00
34,740,792 2.44
1 29,648,533 2.08
1 27,531,899 1.93
285,486,526 20.04
1
148 2018
( )
2018
( )
5. ( )
2017 12 31
(%)
186,694,542 13.81
119,148,284 8.81
58,123,828 4.30
43,863,959 3.24
40,000,000 2.96
447,830,613 33.12
6.
2018 2017
23,376,850 9,331,013
1,392,135,712 1,143,671,944
1,415,512,562 1,153,002,957
2018 2017
1 834,777,898 722,517,458
1 2 336,302,172 337,545,670
2 3 190,576,920 66,279,750
3 93,585,303 202,660,871
1,455,242,293 1,329,003,749
63,106,581 185,331,805
1,392,135,712 1,143,671,944
2018 149
( )
2018
( )
6. ( )
12
12
2018 1 1 — — — 185,331,805 185,331,805
2018 1 1
— — — — —
— — — — —
— — — — —
— — — — —
1,498,073 — — 59,148,234 60,646,307
— — — (141,557,407) (141,557,407)
— — — — —
— — — (31,841,089) (31,841,089)
— — — (9,473,035) (9,473,035)
1,498,073 — — 61,608,508 63,106,581
2017
(%) (%)
872,530,314 65.65 167,432,416 19.19
— — — —
456,473,435 34.35 17,899,389 3.92
1,329,003,749 100.00 185,331,805 13.95
150 2018
( )
2018
( )
6. ( )
2017 12 31
(%)
250,111,647 140,992,416 56.37
16,440,000 16,440,000 100.00
10,034,878 10,000,000 99.65
276,586,525 167,432,416
2018 60,646,307 2017 4,395,695
141,557,407 2017 1,812,513 2018 31,841,089 2017
259,991
2018 2017
293,698,641 201,068,368
269,392,246 170,748,082
161,702,883 96,132,599
152,293,971 121,979,276
129,178,317 —
87,182,932 333,512,171
81,100,461 104,752,162
57,988,324 78,742,023
39,282,541 27,654,972
17,223,394 40,146,809
166,198,583 154,267,287
1,455,242,293 1,329,003,749
63,106,581 185,331,805
1,392,135,712 1,143,671,944
2018 151
( )
2018
( )
6. ( )
2018 12 31
(%)
Aurum Insurance Company 129,178,317 8.88 1 —
Inc. 1
105,500,000 7.25 1-2 —
2
Computershare Limited 3 96,508,684 6.63 1 —
55,428,114 3.81 3 —
4
50,073,104 3.44 1 —
5
436,688,219 30.01 —
2017 12 31
(%)
6 250,111,647 18.69 1 1 140,992,416
2 2 3
3
54,700,000 4.09 3 —
7
4 50,442,595 3.77 1 2 —
3
5 50,112,612 3.74 1 —
2 50,000,000 3.74 1 —
455,366,854 34.03 140,992,416
1 BNL BNL
Aurum Insurance Company Inc. 2018 12 31 37,643,750
BNL 129,178,317
2 2017 100% 315,000,000
2018 12 31 159,500,000 50,000,000
105,500,000 2019
3 2018 3,197,191
89.37% Computershare Limited 12 31
89.37% Computershare Limited
96,508,684
152 2018
( )
2018
( )
6. ( )
4 2012 2016 55,428,114 45,014,481
100,442,595 2017
45,014,481 55,428,114 2019
5 2018 10 2018 12
31 50,073,104 50,112,612
6
140,992,416
1
7 2014 11
84,600,000 2014 11
29,900,000
7.
2018 2017
5,727,609,085 (12,191,343) 5,715,417,742 3,495,840,459 (83,672,404) 3,412,168,055
5,844,793,946 (32,203,111) 5,812,590,835 5,094,591,026 (25,289,064) 5,069,301,962
1,163,677,848 (25,479,025) 1,138,198,823 957,000,128 (21,879,806) 935,120,322
— — — 1,670,455,800 — 1,670,455,800
3,467,463 — 3,467,463 2,788,816 — 2,788,816
12,739,548,342 (69,873,479) 12,669,674,863 11,220,676,229 (130,841,274) 11,089,834,955
2018
1 83,672,404 23,207,508 (94,676,940) (11,629) 12,191,343
25,289,064 8,365,257 (1,451,210) 32,203,111
21,879,806 62,767,829 (6,255,506) (52,913,104) 25,479,025
130,841,274 94,340,594 (102,383,656) (52,924,733) 69,873,479
1 46,574,664
46,812,567
2018 153
( )
2018
( )
7. ( )
2017
71,459,389 23,263,565 (11,050,550) — 83,672,404
25,014,548 1,186,060 — (911,544) 25,289,064
57,387,175 53,419,711 (67,684,963) (21,242,117) 21,879,806
153,861,112 77,869,336 (78,735,513) (22,153,661) 130,841,274
2018 2017
2018 12 31 2017 12 31 10,034,000
64
2018 2017 5,451,275
2018 12 31 2017 12 31 67,858,304
154 2018
( )
2018
( )
8.
2017 12 29
60% 2018 12 24
1.8
2 2018 12 31
100%
2018
8,713,028
19,271,706
1,915,556
47,251,526
35,556,074
355,650
24,244,245
38,724,778
25,292,977
44,863,683
246,189,223
2018
43,774,813
7,209,493
9,349,789
631,309
7,744,045
30,302
68,739,751
9.
2018 2017
307,233,993 257,775,683
2018 155
( )
2018
( )
10.
2018 2017
122,033,048 163,267,223
10,000 164,177,385
111,382,424 89,643,176
35,945,492 26,047,366
19,450,082 10,502,126
539,559,831 393,807,689
147,104,629 335,794,708
1 280,400,925 2,321,454,667
2 1,243,090,520 —
5,041,841 23,327,063
2,504,018,792 3,528,021,403
1
2
2018
971,636,786
277,115,790
1,248,752,576
5,662,056
1,243,090,520
2018
1,972,833
156 2018
( )
2018
( )
10. ( )
2018
393,200,171 137,193,063
— 13,840,000
393,200,171 151,033,063
2018 12 31 4,036,113
11. 2017
2017
218,648,868 — 218,648,868
619,756,866 (60,204,548) 559,552,318
838,405,734 (60,204,548) 778,201,186
2017
108,574,413
218,648,868
110,074,455
—
2018 157
( )
2018
( )
11. 2017 ( )
2017
(%)
19,850,000 — — 19,850,000 — — — — 5.77 700,000
89,900,000 — — 89,900,000 — — — — 10.00 16,800,000
25,000,000 — — 25,000,000 — — — — 8.62 —
1 50,000,000 — — 50,000,000 — — — — 20.00 —
62,017,517 — — 62,017,517 — — — — 12.00 —
18,314,097 — — 18,314,097 — — — — 2.56 —
10,500,000 — — 10,500,000 (10,500,000) — — (10,500,000) 3.03 —
CASA Mining Limited
Casa Mining 41,932,791 7,771,757 — 49,704,548 — (49,704,548) — (49,704,548) 3.74 —
Solantera Resources Ltd.
Solantera Resources 7,771,757 — (7,771,757) — — — — — 0.00 —
11,074,000 — — 11,074,000 — — — — 9.80 588,000
19,200,000 — (19,200,000) — — — — — 0.00 —
1,000,000 — — 1,000,000 — — — — 0.12 390,000
2 4,864,063 — — 4,864,063 — — — — 55.00 —
187,106,400 — — 187,106,400 — — — — 3.60 —
— 76,739,294 — 76,739,294 — — — — 16.67 —
— 2,171,643 — 2,171,643 — — — — 5.00 —
— 6,500,000 — 6,500,000 — — — — 1.39 —
5,015,304 — — 5,015,304 — — — — —
553,545,929 93,182,694 (26,971,757) 619,756,866 (10,500,000) (49,704,548) — (60,204,548) 18,478,000
158 2018
( )
2018
( )
11. 2017 ( )
2017
10,500,000
49,704,548
—
—
60,204,548
1 20%
2 2014 3 13 2014
55%
45% 2017 12 31
12.
2018 2017
3,670,508,922 (15,815,023) 3,654,693,899 3,533,848,819 (12,350,855) 3,521,497,964
3,387,059,370 — 3,387,059,370 3,438,607,836 (162,757,584) 3,275,850,252
7,057,568,292 (15,815,023) 7,041,753,269 6,972,456,655 (175,108,439) 6,797,348,216
2018 159
( )
2018
( )
12. ( )
2018
1,456,649,055 — — (11,144,318) — — — — — — 1,445,504,737 —
165,745,938 — — 8,567,214 — — (8,530,843) — — — 165,782,309 (12,350,855)
220,174,279 — — 6,620,044 — — — — — — 226,794,323 —
74,816,879 — — — — — — — — — 74,816,879 —
20,293,036 — — 380,529 — — — — — — 20,673,565 —
9,188,227 — — 74,650 — — — — — — 9,262,877 —
1,570,666,726 — — 134,619,956 — — — — — — 1,705,286,682 —
3,472,151 — — (7,983) — — — (3,464,168) — — — (3,464,168)
Porgera Service
Company 491,673 — — 536,270 — — — — — — 1,027,943 —
Preduzece za Proizvodnju
Bankarnog Praha
Pometon Tir Doo Bor
1 — 5,544,584 — — — — — — — — 5,544,584 —
3,521,497,964 5,544,584 — 139,646,362 — — (8,530,843) (3,464,168) — — 3,654,693,899 (15,815,023)
160 2018
( )
2018
( )
12. ( )
2018 ( )
886,068,902 — — 11,604,457 — — (20,750,000) — — — 876,923,359 —
374,202,269 — — (3,292,565) — — (6,910,046) — — — 363,999,658 —
2 335,697,308 164,700,000 — (16,011,644) — — — — — (484,385,664) — —
286,101,282 — — 24,882,108 — — — — — — 310,983,390 —
208,243,797 — — 21,148,812 — — (1,288,000) — — — 228,104,609 —
199,855,351 — — 106,350,003 — — (66,500,000) — — — 239,705,354 —
133,006,948 — — 4,684,898 — — (5,000,000) — — — 132,691,846 —
219,274,376 302,500,000 — 74,378,038 — — — — — — 596,152,414 —
114,047,122 — — (4,539,833) — — — — — — 109,507,289 —
74,337,276 — — (1,143,596) — — — — — — 73,193,680 —
68,094,151 — — 14,280,149 — — (2,700,000) — — — 79,674,300 —
66,131,155 — — (2,469,605) — — (2,450,000) — — — 61,211,550 —
39,249,785 — — — — — — — — — 39,249,785 —
41,905,493 — — (2,402,864) — — (4,118,200) — — — 35,384,429 —
46,479,075 — — (263,313) — — — — — — 46,215,762 —
970,729 — (1,000,000) 29,271 — — — — — — — —
6,763,119 2,940,000 — 4,360,532 — — (4,890,000) — — — 9,173,651 —
2,815,844 — — 396,248 — — — — — — 3,212,092 —
172,606,270 — — 1,903,489 — — — — — — 174,509,759 —
— 7,500,000 — (477,557) — — — — — — 7,022,443 —
1 — 144,000 — — — — — — — — 144,000 —
3,275,850,252 477,784,000 (1,000,000) 233,417,028 — — (114,606,246) — — (484,385,664) 3,387,059,370 —
6,797,348,216 483,328,584 (1,000,000) 373,063,390 — — (123,137,089) (3,464,168) — (484,385,664) 7,041,753,269 (15,815,023)
2018 161
( )
2018
( )
12. ( )
2017
1,528,311,261 — — (35,980,867) — — — — (35,681,339) — 1,456,649,055 —
668,548,616 — — 25,516,496 — — — — (20,912,700) (673,152,412) — —
172,140,299 — — 4,902,109 — — (11,296,470) — — — 165,745,938 (12,350,855)
173,574,489 — — 46,599,790 — — — — — — 220,174,279 —
74,816,879 — — — — — — — — — 74,816,879 —
19,678,427 — — 614,609 — — — — — — 20,293,036 —
9,297,903 — — (109,676) — — — — — — 9,188,227 —
415,022 — — 588,382 — — — — — (1,003,404) — —
1,818,783,921 — — (196,933,315) — — — — (51,183,880) — 1,570,666,726 —
2,900,000 2,200,000 — (1,627,849) — — — — — — 3,472,151 —
Porgera Service Company — — — 491,673 — — — — — — 491,673 —
4,468,466,817 2,200,000 — (155,938,648) — — (11,296,470) — (107,777,919) (674,155,816) 3,521,497,964 (12,350,855)
787,738,206 83,000,000 — 30,270,696 — — (14,940,000) — — — 886,068,902 —
370,905,941 — — 3,296,328 — — — — — — 374,202,269 —
364,473,940 — — (28,776,632) — — — — — — 335,697,308 (162,757,584)
259,761,363 — — 26,339,919 — — — — — — 286,101,282 —
208,192,925 — — 1,338,872 — — (1,288,000) — — — 208,243,797 —
184,548,669 — — 67,509,052 — — (52,745,438) — — 543,068 199,855,351 —
133,806,747 — — 5,075,201 — — (5,875,000) — — — 133,006,948 —
147,484,293 — — 71,790,083 — — — — — — 219,274,376 —
113,941,201 — — 105,921 — — — — — — 114,047,122 —
72,325,535 — — 2,511,741 — — (500,000) — — — 74,337,276 —
77,683,456 — — 4,218,000 — — (13,807,305) — — — 68,094,151 —
272,000,000 — (272,000,000) — — — — — — — — —
54,316,147 — — 13,775,008 — — (1,960,000) — — — 66,131,155 —
39,249,785 — — — — — — — — — 39,249,785 —
49,285,402 — — 4,437,791 — — (11,817,700) — — — 41,905,493 —
46,957,347 — — (478,272) — — — — — — 46,479,075 —
83,221,199 — — (83,221,199) — — — — — — — —
1,000,000 — — (29,271) — — — — — — 970,729 —
1,969,674 — — 4,793,445 — — — — — — 6,763,119 —
2,941,022 — — (125,178) — — — — — — 2,815,844 —
168,758,289 — — 3,847,981 — — — — — — 172,606,270 —
3,440,561,141 83,000,000 (272,000,000) 126,679,486 — — (102,933,443) — — 543,068 3,275,850,252 (162,757,584)
7,909,027,958 85,200,000 (272,000,000) (29,259,162) — — (114,229,913) — (107,777,919) (673,612,748) 6,797,348,216 (175,108,439)
162 2018
( )
2018
( )
12. ( )
2018
— 3,464,168 — 3,464,168
12,350,855 — — 12,350,855
2 162,757,584 — (162,757,584) —
175,108,439 3,464,168 (162,757,584) 15,815,023
2017
12,350,855 — — 12,350,855
162,757,584 — — 162,757,584
175,108,439 — — 175,108,439
1 Preduzece za Proizvodnju Bankarnog Praha Pometon Tir Doo Bor
1
2 45% 6% 51%
1
2018 163
( )
2018
( )
13. 2018
89,900,000 24,226,456 114,126,456 — 18,000,000
62,017,517 35,051,457 97,068,974 — 9,600,000
187,106,400 (93,706,292) 93,400,108 — —
76,739,294 132,668 76,871,962 — —
50,000,000 (6,438,494) 43,561,506 — —
18,314,097 9,360,570 27,674,667 — —
11,074,000 14,915,707 25,989,707 — 514,500
19,850,000 5,130,478 24,980,478 — 1,300,000
25,000,000 (6,932,074) 18,067,926 — 100,000
1 6,731,300 (375,337) 6,355,963 — —
6,500,000 (5,272,578) 1,227,422 — —
12,978,588 (8,864,063) 4,114,525 — —
566,211,196 (32,771,502) 533,439,694 — 29,514,500
164 2018
( )
2018
( )
13. 2018 ( )
Ivanhoe Mines Ltd.–CL A 944,178,121 249,924,064 1,194,102,185 — —
Pretium Resources IN 83,290,528 73,869,183 157,159,711 — —
Asanko Gold Inc. 88,835,810 (21,773,661) 67,062,149 — —
Lydian International Ltd. 26,593,507 (5,709,978) 20,883,529 — —
9,745,991 (1,872,201) 7,873,790 — —
Equitas Resources Corp. 8,741,624 (8,626,351) 115,273 — —
Chrometco 3,160,462 — 3,160,462 — —
1,164,546,043 285,811,056 1,450,357,099 — —
1,730,757,239 253,039,554 1,983,796,793 — 29,514,500
1 2018 4 22
33.34% 660 2018 4 23
660 0.66%
2018 12 31 CASA Mining Limited Casa Mining
949,462
2018 165
( )
2018
( )
14. 2018
2018
1 320,298,674
2 81,215,000
401,513,674
1 2018 4 19
3 2018 12 31 318,000,000 2,298,674
2 2020 9 2018
12 31 74,000,000 7,215,000
15.
2018 2017
403,634,434 233,151,985
354,629,674 170,482,449
(1,593,226) —
756,670,882 403,634,434
53,093,965 39,860,882
15,418,250 13,233,083
68,512,215 53,093,965
— —
79,936,878 —
79,936,878 —
608,221,789 350,540,469
350,540,469 193,291,103
*
2018 12 31 435,316,077 2017 12 31
166,451,698
166 2018
( )
2018
( )
16.
2018 2017
34,144,464,854 30,136,199,603
— —
34,144,464,854 30,136,199,603
2018
7,916,900,835 23,680,005,875 1,582,387,075 13,113,760,342 1,192,672,373 440,179,545 47,925,906,045
111,724,237 1,067,143,031 22,445,302 259,333,162 203,683,668 38,805,846 1,703,135,246
2,281,872,327 (1,449,741,547) 305,367,474 1,976,847,513 (24,019,899) 10,818,428 3,101,144,296
480,813,231 355,406,631 25,768,574 1,832,959,927 280,644,143 76,654,271 3,052,246,777
(94,455,453) (383,636,576) (31,727,397) (96,202,621) (12,473,869) (13,318,775) (631,814,691)
(80,060,564) (240,539,125) (18,283,332) (578,027,266) (69,365,208) (21,533,101) (1,007,808,596)
115,696,388 292,065,461 31,744,827 226,062,925 3,023,618 419,685 669,012,904
10,732,491,001 23,320,703,750 1,917,702,523 16,734,733,982 1,574,164,826 532,025,899 54,811,821,981
2,110,209,091 6,189,208,251 658,222,480 5,967,479,443 808,132,847 279,250,662 16,012,502,774
567,186,372 1,195,719,453 179,571,053 1,307,624,926 109,878,446 76,004,556 3,435,984,806
(56,948,301) (236,408,297) (16,514,376) (62,384,364) (10,401,591) (10,876,168) (393,533,097)
(21,047,037) (55,664,434) (6,863,369) (313,346,560) (62,379,545) (19,582,638) (478,883,583)
19,903,193 85,555,655 8,028,454 145,395,620 (560,378) (226,165) 258,096,379
2,619,303,318 7,178,410,628 822,444,242 7,044,769,065 844,669,779 324,570,247 18,834,167,279
251,897,750 1,369,404,061 11,891,434 143,898,331 104,641 7,451 1,777,203,668
44,744,814 191,553,508 1,016,782 22,373,609 388,813 236,892 260,314,418
(39,098,332) (158,969,435) (27,333) (4,582,359) (43,715) (4,346) (202,725,520)
(797,830) — (578,273) (226,615) — — (1,602,718)
256,746,402 1,401,988,134 12,302,610 161,462,966 449,739 239,997 1,833,189,848
7,856,441,281 14,740,304,988 1,082,955,671 9,528,501,951 729,045,308 207,215,655 34,144,464,854
5,554,793,994 16,121,393,563 912,273,161 7,002,382,568 384,434,885 160,921,432 30,136,199,603
2018 167
( )
2018
( )
16. ( )
2017
7,598,300,152 23,483,536,121 1,387,035,584 12,932,247,686 1,173,574,535 426,720,083 47,001,414,161
151,198,337 227,935,707 39,836,751 644,560,579 87,555,388 22,367,972 1,173,454,734
340,275,375 1,030,544,269 193,246,407 330,326,731 — 10,787,198 1,905,179,980
(139,199,421) (595,628,561) (19,620,132) (540,653,876) (48,392,417) (23,118,026) (1,366,612,433)
(33,673,608) (466,381,661) (18,111,535) (252,720,778) (20,065,133) 3,422,318 (787,530,397)
7,916,900,835 23,680,005,875 1,582,387,075 13,113,760,342 1,192,672,373 440,179,545 47,925,906,045
1,830,166,605 5,131,252,805 570,264,952 5,201,068,444 711,407,967 252,837,699 13,696,998,472
364,266,083 1,540,968,469 106,161,323 1,238,231,082 141,117,996 45,514,630 3,436,259,583
(72,682,412) (384,802,620) (14,602,169) (316,330,081) (34,362,265) (20,433,860) (843,213,407)
(11,541,185) (98,210,403) (3,601,626) (155,490,002) (10,030,851) 1,332,193 (277,541,874)
2,110,209,091 6,189,208,251 658,222,480 5,967,479,443 808,132,847 279,250,662 16,012,502,774
34,771,285 614,360,681 5,639,535 118,961,708 66,227 6,059 773,805,495
221,669,654 773,303,023 6,452,049 56,594,656 38,414 1,472 1,058,059,268
(4,543,189) (18,259,643) (200,150) (31,658,033) — (80) (54,661,095)
251,897,750 1,369,404,061 11,891,434 143,898,331 104,641 7,451 1,777,203,668
5,554,793,994 16,121,393,563 912,273,161 7,002,382,568 384,434,885 160,921,432 30,136,199,603
5,733,362,262 17,737,922,635 811,131,097 7,612,217,534 462,100,341 173,876,325 32,530,610,194
168 2018
( )
2018
( )
16. ( )
2018
b
403,704,462 (142,891,452) (7,755,676) 253,057,334
1,561,967,823 (410,910,178) (343,819,121) 807,238,524
407,839,292 (273,405,908) (5,933,606) 128,499,778
55,670,352 (31,207,225) (56,577) 24,406,550
50,398,535 (34,822,514) (895,942) 14,680,079
10,389,459 (9,356,498) (68,038) 964,923
2,489,969,923 (902,593,775) (358,528,960) 1,228,847,188
2017
327,552,189 (108,751,745) (7,529,546) 211,270,898
1,470,360,612 (344,298,087) (335,705,679) 790,356,846
242,179,953 (159,765,510) (4,931,450) 77,482,993
11,661,640 (9,178,927) (9,083) 2,473,630
34,394,562 (22,146,017) (746,453) 11,502,092
12,883,807 (11,589,272) (1,472) 1,293,063
2,099,032,763 (655,729,558) (348,923,683) 1,094,379,522
2018 169
( )
2018
( )
16. ( )
2018
12,612,652 (8,229,654) — 4,382,998
28,124,124 (9,374,708) — 18,749,416
40,736,776 (17,604,362) — 23,132,414
2017
17,552,570 (7,317,857) — 10,234,713
12,245,457 (5,102,274) — 7,143,183
29,798,027 (12,420,131) — 17,377,896
2018
31,652,467 (11,223,900) — 20,428,567
19,149,655 (6,784,853) — 12,364,802
3,730,676 (2,628,572) — 1,102,104
5,176,615 (3,690,874) — 1,485,741
71,500 (67,925) — 3,575
59,780,913 (24,396,124) — 35,384,789
2017
31,652,467 (9,726,209) — 21,926,258
19,581,117 (6,004,683) — 13,576,434
3,730,676 (2,274,158) — 1,456,518
5,176,615 (3,206,907) — 1,969,708
71,500 (67,925) — 3,575
60,212,375 (21,279,882) — 38,932,493
170 2018
( )
2018
( )
16. ( )
2018 2017
1,849,476,632 1,038,395,347
345,053,144 239,532,999
2,194,529,776 1,277,928,346
2018 12 31 2,132,232 2017 12 31 4,861,782
64
17.
2018 2017
4,807,176,438 3,122,296,899
548,629,366 174,271,545
5,355,805,804 3,296,568,444
2018 2017
5,537,727,640 (730,551,202) 4,807,176,438 3,741,391,539 (619,094,640) 3,122,296,899
( )
17. ( )
2018
(%)
1 2,498,727,665 — 1,687,385,076 (1,430,855,782) — 256,529,294 60% 54% — —
2,079,844,841 406,227,833 773,529,910 — — 1,179,757,743 57% 53% 13,990,609 12,994,429 5.00
557,170,800 316,620,865 134,146,818 (4,949,850) — 445,817,833 81% 81% 39,582,930 17,839,656 4.57
1,038,904,789 179,777,565 607,979,193 (391,742,513) (5,346,727) 390,667,518 75% 81% 10,240,192 17,447,609 4.57
350,000,000 368,580,233 18,331,592 — — 386,911,825 111% 96% 125,996,221 15,583,793 5.50
1,469,663,686 1,166,034 377,411,704 (91,505,051) (5,595,332) 281,477,355 25% 48% — — 4.42
278,400,000 260,795,415 15,332,162 — — 276,127,577 99% 95% 75,009,898 12,490,129 3.80
400,040,000 205,217,505 155,480,159 (193,448,435) (6,866,052) 160,383,177 88% 85% — —
559,100,000 39,232,809 124,096,429 (27,740,271) — 135,588,967 29% 30% — —
178,589,845 120,903,077 48,120,551 (43,312,514) — 125,711,114 95% 95% 7,288,406 4,544,167 4.75
6,430,352,894 1,842,870,203 1,007,474,745 (917,589,880) (33,999,831) 1,898,755,237 9,740,697 2,031,962
15,840,794,520 3,741,391,539 4,949,288,339 (3,101,144,296) (51,807,942) 5,537,727,640 281,848,953 82,931,745
(619,094,640) (730,551,202)
3,122,296,899 4,807,176,438
1 1,641,589,144 1,430,855,782 1
2018
2018
(
)
171
172
( )
2018
17. ( )
2017
(%)
(
519,860,500 33,353,703 214,097,503 (67,673,641) — 179,777,565 49% 50% 3,201,102 4,200,962 3.20-4.90
2018
)
348,504,546 130,341,471 1,591,669 (2,543,828) (10,729,206) 118,660,106 54% 54% — —
587,170,800 240,512,033 79,297,238 (3,188,405) — 316,620,866 55% 56% 22,182,757 9,227,431 3.20-3.75
350,000,000 344,717,597 23,862,636 — — 368,580,233 107% 96% 110,412,427 18,446,193 5.50
350,000,000 242,525,752 18,269,663 — — 260,795,415 77% 90% 62,519,770 12,567,342 3.90
237,786,400 88,102,794 138,391,213 (111,598,660) — 114,895,347 95% 94% 2,505,652 2,413,889 4.75
1,500,000,900 690,657,935 273,028,085 (962,519,986) — 1,166,034 82% 99% 35,623 14,568,600 4.42
1,735,496,359 2,032,262 404,195,572 — — 406,227,834 23% 29% 996,181 996,181 4.75
2,065,284,237 719,085,200 280,463 — — 719,365,663 100% 95% 169,452 —
476,011,622 128,809,922 233,990,519 (148,850,498) (8,732,438) 205,217,505 76% 71% — —
89,029,649 58,647,425 54,456,131 (29,511,689) — 83,591,867 94% 95% 7,536,471 5,054,844 12.00
137,641,834 65,141,737 55,761,339 — — 120,903,076 94% 94% 5,255,388 2,993,159 4.75
8,078,563,766 1,268,136,823 597,093,210 (579,293,273) (440,346,732) 845,590,028 11,410,697 1,135,044
16,475,350,613 4,012,064,654 2,094,315,241 (1,905,179,980) (459,808,376) 3,741,391,539 226,225,520 71,603,645
(27,220,843) (619,094,640)
3,984,843,811 3,122,296,899
2018 173
( )
2018
( )
17. ( )
2018
5,005,874 — — 5,005,874
53,637,599 — — 53,637,599
973,411 — — 973,411
559,477,756 32,337,009 — 591,814,765
— 5,653,808 — 5,653,808
— 64,276,926 — 64,276,926
— 9,188,819 — 9,188,819
619,094,640 111,456,562 — 730,551,202
2017
— 53,637,599 — 53,637,599
— 973,411 — 973,411
— 559,477,756 — 559,477,756
227,165 — (227,165) —
3,649,228 — (3,649,228) —
5,005,874 — — 5,005,874
ZGC 17,625,985 — (17,625,985) —
712,591 — (712,591) —
27,220,843 614,088,766 (22,214,969) 619,094,640
174 2018
( )
2018
( )
17. ( )
2018 2017
329,683,560 — 329,683,560 95,507,337 — 95,507,337
220,742,850 1,797,044 218,945,806 82,957,311 4,193,103 78,764,208
550,426,410 1,797,044 548,629,366 178,464,648 4,193,103 174,271,545
2018
4,193,103 — (2,396,059) 1,797,044
2017
— 4,193,103 — 4,193,103
2018 175
( )
2018
( )
18.
2018
11,484,473,219 2,173,772,699 172,867,271 13,831,113,189
554,463,377 128,051,502 106,228,522 788,743,401
13,258,975,468 164,325,177 — 13,423,300,645
(57,871,312) (96,821,921) (732,465) (155,425,698)
(26,893,743) (10,480,320) (55,262,927) (92,636,990)
25,213,147,009 2,358,847,137 223,100,401 27,795,094,547
2,931,241,991 404,777,394 32,291,124 3,368,310,509
669,963,344 76,220,167 27,303,061 773,486,572
(40,362,193) (72,888,051) (422,090) (113,672,334)
— (1,728,293) (3,319,546) (5,047,839)
3,560,843,142 406,381,217 55,852,549 4,023,076,908
484,106,346 — 75,170,307 559,276,653
1 712,081,632 — 7,888,258 719,969,890
(17,509,119) — — (17,509,119)
— — — —
1,178,678,859 — 83,058,565 1,261,737,424
20,473,625,008 1,952,465,920 84,189,287 22,510,280,215
8,069,124,882 1,768,995,305 65,405,840 9,903,526,027
1
239,748,643 231,807,744 195,146,647 13,009,930 5,725,026
4,499,189 22,144,453
7,888,258
17,509,119
176 2018
( )
2018
( )
18. ( )
2017
11,071,582,196 1,997,142,025 189,763,737 13,258,487,958
429,520,205 164,801,141 4,000,770 598,322,116
37,822,602 19,342,562 — 57,165,164
(54,451,784) (7,513,029) (500,000) (62,464,813)
— — (20,397,236) (20,397,236)
11,484,473,219 2,173,772,699 172,867,271 13,831,113,189
2,413,819,026 330,939,401 23,301,557 2,768,059,984
533,695,981 77,403,777 9,384,694 620,484,452
(16,273,016) (3,565,784) (395,127) (20,233,927)
2,931,241,991 404,777,394 32,291,124 3,368,310,509
158,248,707 — 75,170,307 233,419,014
2 328,544,339 — — 328,544,339
(2,686,700) — — (2,686,700)
484,106,346 — 75,170,307 559,276,653
8,069,124,882 1,768,995,305 65,405,840 9,903,526,027
8,499,514,463 1,666,202,624 91,291,873 10,257,008,960
2
145,756,683 81,648,154 37,170,463 27,441,564 22,655,586
11,132,129 2,686,700 53,060
2,686,700
2018 12 31 85,807,143 2017 12 31 89,480,224
64
2018 177
( )
2018
( )
18. ( )
2018 12 31
543,546,577
16,030,760
2,233,522
112,361,572
70,324,247
140 193,315,174
13,311,572
1,200 1,481,819
169 207,861,072
* 164,325,177
2017 12 31
556,387,198
11,592,481
2,117,903
126,369,239
74,368,452
140 161,312,317
13,458,504
1,200 1,673,708
* ZGC
178 2018
( )
2018
( )
19.
2018
12,906,890 — — 12,906,890
455,874 — — 455,874
71,099,520 — — 71,099,520
33,161,050 — — 33,161,050
1,241,101 — — 1,241,101
2,503,610 — — 2,503,610
44,319,632 — — 44,319,632
157,778,981 — — 157,778,981
119,097,944 — — 119,097,944
14,531,538 — — 14,531,538
4,340,000 — — 4,340,000
79,642,197 — — 79,642,197
1 — 8,330,914 — 8,330,914
541,078,337 8,330,914 — 549,409,251
(77,480,682) (157,778,981) — (235,259,663)
463,597,655 (149,448,067) — 314,149,588
2018 179
( )
2018
( )
19. ( )
2017
12,906,890 — — 12,906,890
455,874 — — 455,874
71,099,520 — — 71,099,520
33,161,050 — — 33,161,050
1,241,101 — — 1,241,101
2,503,610 — — 2,503,610
44,319,632 — — 44,319,632
157,778,981 — — 157,778,981
119,097,944 — — 119,097,944
14,531,538 — — 14,531,538
4,340,000 — — 4,340,000
79,642,197 — — 79,642,197
541,078,337 — — 541,078,337
(77,480,682) — — (77,480,682)
463,597,655 — — 463,597,655
2018
2 — 157,778,981 — 157,778,981
44,319,632 — — 44,319,632
33,161,050 — — 33,161,050
77,480,682 157,778,981 — 235,259,663
2017
44,319,632 — — 44,319,632
33,161,050 — — 33,161,050
77,480,682 — — 77,480,682
180 2018
( )
2018
( )
19. ( )
1 2018 12 51% 8,330,914
1
2 157,778,981
157,778,981 2018 3
22
2018
12 31 18,871,538 2017 12 31 18,871,538
12% 2017 13%
2018 12 31
441,323,501 2017 12 31 441,323,501
7% 16% 2017 10% 16%
2018 12 31 79,642,197 2017 12 31
79,642,197
9.5%
2018 12 31 9,572,015
2018 181
( )
2018
( )
19. ( )
2018 2017 2018 2017 2018 2017 2018 2017 2018 2017
18,871,538 18,871,538 441,323,501 441,323,501 79,642,197 79,642,197 9,572,015 1,241,101 549,409,251 541,078,337
— — (235,259,663) (77,480,682) — — — — (235,259,663) (77,480,682)
18,871,538 18,871,538 206,063,838 363,842,819 79,642,197 79,642,197 9,572,015 1,241,101 314,149,588 463,597,655
2017 12 31 44,319,632
33,161,050 157,778,981
182 2018
( )
2018
( )
20.
2018
1 193,695,011 5,129,364 (8,123,666) (10,327,367) 180,373,342
219,114,624 21,780,338 (45,439,637) — 195,455,325
211,787,834 1,802,983 (2,084,425) (7,799,217) 203,707,175
116,329,287 34,948,612 (15,428,508) (537,026) 135,312,365
2 373,831,888 159,694,156 (153,202,334) (107,856,446) 272,467,264
1,114,758,644 223,355,453 (224,278,570) (126,520,056) 987,315,471
2017
1 197,163,190 23,986,617 (23,660,913) (3,793,883) 193,695,011
228,403,857 56,770,277 (66,059,510) — 219,114,624
226,693,025 8,267,134 (23,172,325) — 211,787,834
147,737,716 2,851,090 (26,646,355) (7,613,164) 116,329,287
2 385,964,581 138,633,477 (117,940,610) (32,825,560) 373,831,888
1,185,962,369 230,508,595 (257,479,713) (44,232,607) 1,114,758,644
1 5-50
2 2018 12 31 25,660,065 2017 12 31
31,599,619 5,851,558 2017 12 31 10,956,568
18,558,251 2017 12 31 18,836,289 31,291,875 2017 12 31
84,373,778 19,353,374 2017 12 31 38,706,747
47,385,776 2017 12 31 48,294,025
2018 183
( )
2018
( )
21.
2018 2017
539,009,855 118,626,806 683,552,272 157,985,491
748,644,808 166,856,027 1,065,500,166 209,851,466
1 1,378,941,575 261,829,967 996,044,019 214,334,819
524,923,462 89,626,658 395,458,786 70,285,712
— — 312,069 78,017
89,416,683 13,739,440 — —
66,641,790 11,922,662 78,619,170 17,157,534
877,264,569 222,174,644 756,239,488 170,415,587
4,224,842,742 884,776,204 3,975,725,970 840,108,626
1 2018 12 31
2018 2017
8,311,438,590 1,950,149,582 1,749,381,200 325,906,904
126,188,991 27,250,962 81,607,476 20,497,757
49,243,384 12,348,380 — —
2,634,653,026 753,423,865 927,743,997 278,120,064
11,121,523,991 2,743,172,789 2,758,732,673 624,524,725
2018 2017
3,212,983,316 2,103,977,566
5,174,507,544 4,859,800,045
8,387,490,860 6,963,777,611
184 2018
( )
2018
( )
21. ( )
2018 2017
2018 — 362,046,133
2019 554,206,500 580,217,517
2020 934,443,312 973,859,833
2021 870,485,786 973,362,655
2022 568,482,038 588,252,550
2023 914,813,671 —
2024 1,332,076,237 1,382,061,357
5,174,507,544 4,859,800,045
1,192,534,033 2017 1,075,078,123
0 2017 362,220,756
50% 3,842,431,307
2017 3,477,738,688 5
139,542,204 2017 10
22.
2018 2017
2,327,413,425 2,263,203,962
1,200,000 133,200,000
1 — 117,423,299
4,182,117,096 3,329,860,975
182,705,630 181,689,978
125,517,781 163,120,512
898,381,250 126,724,377
21,604,274 23,064,274
375,748,494 419,665,260
2 — 189,528,156
83,849,996 11,923,296
8,198,537,946 6,959,404,089
2018 12 31 125,517,781 2017 12 31 163,120,512
64
1
2 14
2018 185
( )
2018
( )
23.
2018
204,280,797 64,178,147 9,495,496 (141,557,407) (46,648,012) (10,283,418) 79,465,603
130,841,274 94,340,594 — (102,383,656) (52,924,733) — 69,873,479
60,204,548 — (10,500,000) — (49,704,548) — —
175,108,439 3,464,168 — — (162,757,584) — 15,815,023
— 79,936,878 — — — — 79,936,878
1 1,777,203,668 260,314,418 — — (1,602,718) (202,725,520) 1,833,189,848
1 623,287,743 111,456,562 — — (2,396,059) — 732,348,246
1 559,276,653 719,969,890 — — — (17,509,119) 1,261,737,424
1 77,480,682 157,778,981 — — — — 235,259,663
5,527,310 5,662,056 — — — — 11,189,366
2 333,663,617 165,221,199 — — — — 498,884,816
3,946,874,731 1,662,322,893 (1,004,504) (243,941,063) (316,033,654) (230,518,057) 4,817,700,346
2017
198,403,855 12,286,842 (1,812,513) (4,597,387) 204,280,797
153,861,112 77,869,336 (78,735,513) (22,153,661) 130,841,274
10,500,000 49,704,548 — — 60,204,548
175,108,439 — — — 175,108,439
773,805,495 1,058,059,268 — (54,661,095) 1,777,203,668
27,220,843 614,088,766 — (22,214,969) 619,094,640
233,419,014 328,544,339 — (2,686,700) 559,276,653
77,480,682 — — — 77,480,682
— 4,193,103 — — 4,193,103
5,527,310 — — — 5,527,310
176,955,900 156,707,717 — — 333,663,617
1,832,282,650 2,301,453,919 (80,548,026) (106,313,812) 3,946,874,731
1 260,314,418
111,456,562 719,969,890 157,778,981
7%-14%
2 165,221,199 1)
117,423,299 22 2)BNL 42,389,163 3)
5,408,737
186 2018
( )
2018
( )
24.
2018 2017
7,894,762,845 2,580,325,787
1 1,946,875 267,695,000
2 7,482,777,453 6,863,852,224
237,193,063 144,000,000
15,616,680,236 9,855,873,011
2018 12 31 2017 12 31
2018 12 31 2.85% 4.70% 2017 12 31 0.55% 4.80%
2018 12 31 2017 12 31
1 2018 12 31
1,946,875 2017 12 31
267,695,000
2018 5
2
25. 2018
2018
1 74,841,064
2 165,871,253
3 1,770,265
242,482,582
1
1 1
24 2018 12 31 73,441,116 1,399,948
2018 187
( )
2018
( )
25. 2018 ( )
2
2018
(1) 36,096,792
10,858,519
25,238,273
(2) 129,774,461
165,871,253
3 2018 12 31
1,770,275 2017 12 31 8,960,758
26. 2017
2017
1 2,231,963,403
2 73,320,776
3 8,960,758
2,314,244,937
1
1 1
2017 12
31 2,268,809,431 36,846,028
2
2017
(1) 73,320,776
46,303,526
27,017,250
(2) —
73,320,776
3 2017 12 31
8,960,758 2016 12 31 20,178,616
188 2018
( )
2018
( )
27.
2018 2017
160,733,506 179,417,453
4,540,248,350 4,216,836,578
4,700,981,856 4,396,254,031
2018 2017
160,733,506 179,417,453
2018 12 31 2017 12 31
* 2018 12 31
2018 2017
1 3,941,803,169 3,677,169,188
1 2 376,762,142 307,247,625
2 3 119,449,275 103,327,622
3 102,233,764 129,092,143
4,540,248,350 4,216,836,578
2018 12 31 1
29,502,871
28,984,059
27,155,865
27,127,319
19,484,950
17,742,418
16,821,097
16,354,132
16,088,925
199,261,636
2018 189
( )
2018
( )
27. ( )
( )
2017 12 31 1
32,303,500
21,154,267
21,080,788
11,035,445
85,574,000
28.
2018 2017
— 1,557,348,805
— 585,762,335
— 2,143,111,140
2018 12 31 2017 12 31 1
2018 12 31 2017 12 31
29.
2018 2017
1,645,196 —
275,479,862 —
277,125,058 —
190 2018
( )
2018
( )
30.
2018
650,508,839 2,904,271,680 (2,860,408,595) 694,371,924
11,215,107 216,473,793 (195,444,701) 32,244,199
40,884 15,069,308 (15,096,225) 13,967
— 1,356,070 (1,356,070) —
661,764,830 3,137,170,851 (3,072,305,591) 726,630,090
2017
633,242,206 2,734,704,770 (2,717,438,137) 650,508,839
19,151,396 169,109,587 (177,045,876) 11,215,107
279,142 27,277,475 (27,515,733) 40,884
— 1,049,280 (1,049,280) —
652,672,744 2,932,141,112 (2,923,049,026) 661,764,830
2018
462,314,877 2,405,622,119 (2,361,698,388) 506,238,608
118,970,301 234,863,238 (236,358,355) 117,475,184
50,912 106,221,724 (104,283,529) 1,989,107
— 71,541,468 (71,312,185) 229,283
— 28,727,511 (26,989,558) 1,737,953
50,912 5,952,745 (5,981,786) 21,871
2,086,532 104,717,415 (104,924,861) 1,879,086
59,251,668 31,186,092 (45,021,218) 45,416,542
— 8,812,273 (7,254,327) 1,557,946
1 7,834,549 12,848,819 (867,917) 19,815,451
650,508,839 2,904,271,680 (2,860,408,595) 694,371,924
2018 191
( )
2018
( )
30. ( )
( )
2017
442,499,310 2,287,681,288 (2,267,865,721) 462,314,877
118,782,205 217,573,201 (217,385,105) 118,970,301
151,053 80,252,246 (80,352,387) 50,912
24,676 57,744,397 (57,769,073) —
62,245 16,704,866 (16,767,111) —
64,132 5,802,983 (5,816,203) 50,912
2,229,196 84,743,252 (84,885,916) 2,086,532
58,117,925 42,853,465 (41,719,722) 59,251,668
— 14,142,845 (14,142,845) —
1 11,462,517 7,458,473 (11,086,441) 7,834,549
633,242,206 2,734,704,770 (2,717,438,137) 650,508,839
1
2018
10,395,797 209,938,214 (188,750,640) 31,583,371
819,310 6,535,579 (6,694,061) 660,828
11,215,107 216,473,793 (195,444,701) 32,244,199
2017
18,437,102 160,773,099 (168,814,404) 10,395,797
714,294 8,336,488 (8,231,472) 819,310
19,151,396 169,109,587 (177,045,876) 11,215,107
192 2018
( )
2018
( )
31.
2018 2017
497,642,288 420,820,731
128,853,698 481,749,024
120,769,049 121,226,926
88,849,349 88,396,154
67,667,722 63,500,644
903,782,106 1,175,693,479
32.
2018 2017
6,939,516 4,193,049
502,305,167 437,156,936
4,470,342,146 3,204,958,341
4,979,586,829 3,646,308,326
2018 2017
3,000,000 —
1,200,000 —
105 — 4,000,000
180,000 180,000
2,559,516 13,049
6,939,516 4,193,049
2018 2017
238,653,997 262,653,996
186,585,234 82,950,573
77,065,936 91,552,367
502,305,167 437,156,936
2018 193
( )
2018
( )
32. ( )
2018 2017
1,799,763,269 1,563,076,698
1,077,995,565 546,669,837
Timok 1 310,134,282 —
295,421,081 274,962,797
125,942,902 —
111,666,003 154,515,295
33,721,618 34,109,175
30,628,021 70,384,525
24,493,446 29,811,282
21,967,321 21,652,748
18,344,277 21,820,911
10,894,000 36,008,947
609,370,361 451,946,126
4,470,342,146 3,204,958,341
1 2016 Timok Freeport
International Holdings Freeport
2018 12 31 1
47,090,971
44,899,906
43,950,736
29,672,233
22,535,911
19,600,000
19,062,055
13,650,312
240,462,124
194 2018
( )
2018
( )
32. ( )
( )
2017 12 31 1
59,002,698
41,243,793
29,672,233
28,819,003
22,535,911
19,600,000
18,430,546
12,646,785
231,950,969
33.
2018 2017
1 34 2,366,783,159 2,053,508,118
1 36 47,435,853 47,889,736
1 35 7,292,870,010 2,498,945,407
9,707,089,022 4,600,343,261
34.
2018 2017
15,284,698,865 8,652,554,913
33 (2,366,783,159) (2,053,508,118)
12,917,915,706 6,599,046,795
2018 12 31 2017 12 31
2018 12 31 1.20% 6.49% 2017 12 31 1.03% 5.48%
2018 195
( )
2018
( )
34. ( )
*
2018 2017
1 2,366,783,159 2,053,508,118
1 2 2,687,922,863 2,108,902,788
2 5 8,697,806,391 3,647,579,007
5 1,532,186,452 842,565,000
15,284,698,865 8,652,554,913
35.
2018 2017
10,375,987,499 7,985,443,938
5,796,336,204 8,292,617,934
16,172,323,703 16,278,061,872
33 (7,292,870,010) (2,498,945,407)
8,879,453,693 13,779,116,465
2018 12 31
2,500,000,000 2013 10 23 5 2,500,000,000 2,498,945,407 — 118,750,000 1,054,593 (142,750,000) (2,500,000,000) —
3,300,000,000 2015 9 11 5 3,300,000,000 3,295,823,852 — 145,200,000 1,459,936 (145,200,000) — 3,297,283,788
2,000,000,000 2016 3 18 5 2,000,000,000 1,996,484,460 — 67,400,000 1,040,363 (67,400,000) — 1,997,524,823
1,200,000,000 2016 7 15 5 1,200,000,000 1,197,611,829 — 41,400,000 636,589 (89,700,000) — 1,198,248,418
2,402,120,455 2018 10 18 3 2,402,120,455 — 2,402,120,455 25,728,446 (15,723,791) — — 2,386,396,664
2,500,000,000 2014 9 5 5 2,500,000,000 2,497,848,675 — 137,500,000 1,203,741 (137,500,000) — 2,499,052,416
3,000,000,000 2016 3 18 5 3,000,000,000 2,994,827,720 — 89,700,000 1,537,362 (89,700,000) — 2,996,365,082
1,800,000,000 2016 7 15 5 1,800,000,000 1,796,519,929 — 54,900,000 932,583 (41,400,000) — 1,797,452,512
18,702,120,455 18,702,120,455 16,278,061,872 2,402,120,455 680,578,446 (7,858,624) (713,650,000) (2,500,000,000) 16,172,323,703
196 2018
( )
2018
( )
35. ( )
2017 12 31
2,500,000,000 2014 9 5 5 2,500,000,000 2,496,709,795 — 137,500,000 1,138,880 (137,500,000) 2,497,848,675
3,300,000,000 2015 9 11 5 3,300,000,000 3,294,427,329 — 145,200,000 1,396,523 (145,200,000) 3,295,823,852
2,000,000,000 2016 3 18 5 2,000,000,000 1,995,479,100 — 67,400,000 1,005,360 (67,403,370) 1,996,484,460
3,000,000,000 2016 3 18 5 3,000,000,000 2,993,336,419 — 89,700,000 1,491,301 (89,704,485) 2,994,827,720
1,800,000,000 2016 7 15 5 1,800,000,000 1,795,615,841 — 54,900,000 904,088 (54,902,745) 1,796,519,929
1,200,000,000 2016 7 15 5 1,200,000,000 1,196,997,162 — 41,400,000 614,667 (41,402,070) 1,197,611,829
2,500,000,000 2013 10 23 5 2,500,000,000 2,497,744,689 — 142,500,000 1,200,718 (142,500,000) 2,498,945,407
16,300,000,000 16,300,000,000 16,270,310,335 — 678,600,000 7,751,537 (678,612,670) 16,278,061,872
2013 60 40
2014 17 2013 10 23 2014 9 5 2015 9
11 25 25 33 83
5 5.7% 5.5% 4.4%
2016 2 17 2016 3 18
20 5 3.37% 2016 3 18
30 5 3
2.99% 2019 2016 7 15
18 5 3
3.05% 2019
2016 7 15 12 5 3.45%
2018 10 2018 10 18
3.5 2021 10 18 5.282%
2019 4 18 4 18 10 18
2018 12 31 2017 12 31
2018 197
( )
2018
( )
36.
2018 2017
181,972,127 226,314,438
1 63,162,176 —
142,894,314 93,153,014
2 70,400,000 78,700,000
111,991,951 94,536,646
210,093,157 118,889,283
780,513,725 611,593,381
33 (47,435,853) (47,889,736)
733,077,872 563,703,645
*
2018 2017
1 47,435,853 47,889,736
1 2 279,372,794 113,833,498
2 5 95,920,815 172,502,497
5 357,784,263 277,367,650
780,513,725 611,593,381
1
2
37.
2018
1 861,014,312 1,420,625,796 (220,165,927) 2,061,474,181
— 62,754,474 — 62,754,474
— 41,621,501 — 41,621,501
— 119,810,882 — 119,810,882
Timok
2 — 400,429,415 — 400,429,415
861,014,312 2,045,242,068 (220,165,927) 2,686,090,453
198 2018
( )
2018
( )
37. ( )
2017
871,311,724 44,920,408 (55,217,820) 861,014,312
1 BNL
2 2016 Timok Freeport
38.
2018
451,419,375 21,864,414 (50,500,692) 422,783,097
2017
453,473,146 65,310,000 (67,363,771) 451,419,375
2018 12 31
11,177,388 — (2,484,588) — 8,692,800
65,086,772 13,000,000 (7,696,590) — 70,390,182
104,579,032 — (2,948,360) — 101,630,672
214,290,178 — (33,964,500) — 180,325,678
56,286,005 8,864,414 (2,077,260) (1,329,394) 61,743,765
451,419,375 21,864,414 (49,171,298) (1,329,394) 422,783,097
2018 199
( )
2018
( )
38. ( )
2017 12 31
14,362,200 — (3,184,812) — 11,177,388
67,705,024 6,200,000 (8,818,252) — 65,086,772
106,891,777 — (2,312,745) — 104,579,032
260,870,127 — (46,579,949) — 214,290,178
3,644,018 59,110,000 (6,420,216) (47,797) 56,286,005
453,473,146 65,310,000 (67,315,974) (47,797) 451,419,375
39.
2018
15,803,803,650 — — — 1,071,922,187 1,071,922,187 16,875,725,837
5,736,940,000 — — — — — 5,736,940,000
21,540,743,650 — — — 1,071,922,187 1,071,922,187 22,612,665,837
1,490,475,241 — — — (1,071,922,187) (1,071,922,187) 418,553,054
23,031,218,891 — — — — — 23,031,218,891
2017
15,803,803,650 — — — — — 15,803,803,650
5,736,940,000 — — — — — 5,736,940,000
21,540,743,650 — — — — — 21,540,743,650
— 1,490,475,241 — — — 1,490,475,241 1,490,475,241
21,540,743,650 1,490,475,241 — — — 1,490,475,241 23,031,218,891
2017
[2017] 60468092_H02
200 2018
( )
2018
( )
40.
(1)
2018 12 31
18 Y1 2018.10.16 5.17% 100 4500 45 4,486,950 2021.10.17
17 Y1 2017.09.12 5.17% 100 500 5 498,550 2020.09.13
50 4,985,500
2018 10 16 2018 18 Y1
4,500,000,000 5.17% 4,486,950,000
18 Y1 3
3
18 Y1
18 Y1 4.3%-5.8%
300
250 (www.
chinabond.com.cn)
0.01%
250 (www.chinabond.com.cn)
0.01%
2018 201
( )
2018
( )
40. ( )
(1) ( )
2017 12 31
17 Y1 2017.09.12 5.17% 100 500 5 498,550 2020.09.13
5 498,550
2017 9 12 2017 17 Y1
500,000,000 5.17% 498,550,000
17 Y1 3
3
17 Y1
17 Y1 4.8%-5.8%
300
250 (www.
chinabond.com.cn)
0.01%
250 (www.chinabond.com.cn)
0.01%
202 2018
( )
2018
( )
40. ( )
(2)
2018
18 Y1 — — 4500 4,486,950 — — 4500 4,486,950
17 Y1 500 498,550 — — — — 500 498,550
498,550 4,486,950 — 4,985,500
2017
17 Y1 — — 500 498,550 — — 500 498,550
— 498,550 — 498,550
41.
2018
10,902,398,401 — — 10,902,398,401
1 207,520,660 10,373,708 (25,526,379) 192,367,989
11,109,919,061 10,373,708 (25,526,379) 11,094,766,390
2017
6,454,525,966 4,447,872,435 — 10,902,398,401
248,831,056 1,968,579 (43,278,975) 207,520,660
6,703,357,022 4,449,841,014 (43,278,975) 11,109,919,061
1 6% 51%
25,526,379 1 ZGC 5%
10,373,708
2018 203
( )
2018
( )
42.
2018
23,861,374 186,956,573 (1,158,320,421) (1,361,630) (1,159,682,051) (948,864,104)
— — 61,666,120 — 61,666,120 61,666,120
(626,754,900) — (62,020,181) — (62,020,181) (688,775,081)
(602,893,526) 186,956,573 (1,158,674,482) (1,361,630) (1,160,036,112) (1,575,973,065)
2017
133,530,471 (109,669,924) 827 (109,669,097) 23,861,374
(168,224,050) 208,971,893 (40,747,843) 168,224,050 —
(607,994,181) (18,760,719) — (18,760,719) (626,754,900)
(642,687,760) 80,541,250 (40,747,016) 39,794,234 (602,893,526)
2018
(1,157,992,851) — 1,952,206 (1,159,682,051) (263,006)
61,666,120 — — 61,666,120 —
(76,206,453) — — (62,020,181) (14,186,272)
(1,172,533,184) — 1,952,206 (1,160,036,112) (14,449,278)
204 2018
( )
2018
( )
42. ( )
2017
51,921,180 161,591,277 (870) (109,669,097) (130)
302,100 (219,263,312) 38,277,812 168,224,050 13,063,550
(10,834,408) — — (18,760,719) 7,926,311
41,388,872 (57,672,035) 38,276,942 39,794,234 20,989,731
43.
2018
176,862,772 667,226,059 (696,695,334) 147,393,497
2017
159,412,702 615,979,126 (598,529,056) 176,862,772
44.
2018
1,319,401,104 — — 1,319,401,104
2017
1,319,401,104 — — 1,319,401,104
10%
50% 50%
2018 205
( )
2018
( )
45.
2018 2017
20,194,761,855 18,068,917,361
(9,495,496)
4,093,773,630 3,507,717,627
979,461 —
— —
25,985,291 —
2,072,809,700 1,381,873,133
22,181,224,459 20,194,761,855
2018 6 30 0.09 2017
0.06 23,031,218,891 2017 23,031,218,891 2,072,809,700
2017 1,381,873,133 2018
46.
2018 2017
105,098,239,175 91,989,132,007 93,789,085,365 80,874,651,456
896,006,948 662,242,468 759,533,733 497,322,228
105,994,246,123 92,651,374,475 94,548,619,098 81,371,973,684
99,728,360,206
2018 2017
105,240,131,265 93,880,368,667
103,786,558 99,847,245
41,859,429 54,805,436
608,468,871 513,597,750
105,994,246,123 94,548,619,098
206 2018
( )
2018
( )
46. ( )
2018 2017
14,959,804,840 19,190,471,899
69,207,696,436 58,254,788,441
13,308,938,038 11,575,995,764
1,601,637,039 866,053,345
6,916,169,770 4,661,309,649
105,994,246,123 94,548,619,098
2018 2017
105,240,131,265 93,880,368,667
608,468,871 513,597,750
103,786,558 99,847,245
41,859,429 54,805,436
105,994,246,123 94,548,619,098
2018 207
( )
2018
( )
47.
2018 2017
980,256,575 858,472,809
86,595,719 95,114,327
71,395,452 87,652,716
67,467,075 64,157,454
49,550,111 46,892,366
35,108,475 51,762,834
28,655,676 42,428,302
23,090,833 8,070,605
1 20,564,811 —
1 17,095,032 —
13,032,582 707,900
1 10,381,162 —
1,469,212 838,717
608,536 471,070
— 11,889,481
193,724,398 83,881,778
1,598,995,649 1,352,340,359
1
48.
2018 2017
85,771,407 66,630,509
545,708,177 484,221,197
3,107,797 5,768,915
4,853,019 3,698,940
13,561,970 7,777,240
16,344,104 8,392,419
21,882,200 15,103,625
1,600,468 298,648
10,295,554 8,839,980
10,296,043 5,069,328
14,471,808 21,111,867
43,972,876 49,750,775
11,978,391 7,040
24,570,309 3,027,310
79,037,215 69,244,656
887,451,338 748,942,449
208 2018
( )
2018
( )
49.
2018 2017
1,252,599,136 1,215,459,944
426,331,593 469,896,112
312,112,984 209,975,689
130,226,641 143,546,783
118,805,365 116,779,550
200,010,849 115,225,338
133,287,260 110,230,993
107,083,062 101,388,892
* 23,926,406 18,852,316
260,581,569 193,334,136
2,964,964,865 2,694,689,753
* 2018 10,450,000 2017 8,850,000
50.
2018 2017
95,529,997 71,830,982
36,852,673 58,308,271
64,955,784 20,233,727
36,728,510 52,544,543
22,303,339 44,929,914
477,310 347,489
882,544 1,947,104
30,307 4,808,769
16,619,758 44,429,677
274,380,222 299,380,476
2018 209
( )
2018
( )
51.
2018 2017
1,659,156,407 1,666,098,224
996,441,239 908,004,465
662,715,168 686,351,537
— 71,742,222
351,234,358 321,154,652
82,931,745 77,054,920
(81,219,010) 688,501,032
110,469,849 56,560,608
1,254,241,143 2,012,950,292
2018 2018 2017
52.
2018 2017
260,314,418 1,058,059,268
(8,043,062) (866,177)
719,969,890 328,544,339
2017 — 49,704,548
2017 — 10,474,329
111,456,562 614,088,766
3,464,168 —
157,778,981 —
— 4,193,103
79,936,878 —
175,521,395 156,707,717
1,500,399,230 2,220,905,893
53. 2018
2018
2,455,700
(80,911,101)
5,662,056
1,076,140
(10,300,195)
(82,017,400)
210 2018
( )
2018
( )
54.
2018 2017
227,613,533 228,882,015
2018
2018
56,995,700
2017 20,000,000
15,902,675
9,093,000
7,740,000
7,658,343
2017 5,000,000
2017 200 5,000,000
4,241,199
2017 3,000,000
2,843,300
2,549,105
2,463,100
1,787,000
1,528,380
2018 1,500,000
2017 1,500,000
1,337,056
1,204,000
1,030,541
1,000,000
2017 1,000,000
1,000,000
23,068,836
49,171,298
227,613,533
2018 211
( )
2018
( )
54. ( )
2017
2017
31,798,200
25,213,640
2016 11,313,000
5,000,000
4,729,108
4,626,858
2016 4,490,300
4,000,000
4,000,000
3,512,160
2016 2,480,000
2,415,000
2016 2,415,000
2,200,000
2,172,385
2017 2,000,000
1,818,900
1,600,000
1,559,553
2,544,000
100 1,000,000
40,677,937
67,315,974
228,882,015
55.
2018 2017
373,063,390 (29,259,162)
24,669,669 318,166,951
1 430,958,659 —
29,514,500 18,478,000
(4,533,936) 222,451,937
2 209,040,948 (393,158,287)
(2,190,307) 18,990,643
1,060,522,923 155,670,082
212 2018
( )
2018
( )
55. ( )
1 45% 1
2
2018 2017
1 34,923,544 40,823,181
2 (23,273,151) (34,317,510)
3 (728,017) (32,406,939)
4 101,454,777 (374,580,431)
(4-1) (9,323,071) 14,775,249
(4-2) (59,802,540) 3,617,320
(4-3) 170,580,388 (392,973,000)
5 6,639,271 —
6 90,024,524 7,323,412
209,040,948 (393,158,287)
56.
2018 2017
(143,996,214) 691,474,780
8,212,485 58,725,563
(135,783,729) 750,200,343
2018 2017
1 (175,546,385) 726,127,489
2 38,245,976 36,846,028
3 960,658 19,869,910
4 32,984,054 (58,510,572)
(4-1) 7,190,493 11,217,858
(4-2) 25,793,561 (69,728,430)
5 (32,428,032) 25,867,488
(135,783,729) 750,200,343
2018 213
( )
2018
( )
57.
2018 2017
(12,204,721) 19,453,817
96,528,588 25,002,306
237,871 —
84,561,738 44,456,123
58.
2018
2018 2017
— 2,000,000 —
9,527,375 8,456,396 9,527,375
— 18,347,100 —
276,878,897 — 276,878,897
25,539,410 — 25,539,410
54,007,904 28,807,358 54,007,904
365,953,586 57,610,854 365,953,586
59.
2018
2018 2017
138,468,772 278,806,173 138,468,772
138,468,772 259,364,127 138,468,772
— 18,891,557 —
— 550,489 —
206,505,553 154,494,008 206,505,553
37,755,716 46,620,256 37,755,716
3,369,509 440,228 3,369,509
31,045,320 35,934,751 31,045,320
417,144,870 516,295,416 417,144,870
214 2018
( )
2018
( )
60.
2018 2017
876,963,943 1,181,765,670
570,539,286 138,645,326
1,447,503,229 1,320,410,996
2018 2017
6,130,179,782 4,567,960,193
1 1,532,544,945 1,141,990,048
1 (352,487,710) (608,906,485)
(42,457,827) 464,740
2 (81,573,075) (15,574,427)
42,902,995 67,693,562
(65,817,974) (98,904,933)
414,391,875 833,648,491
1,447,503,229 1,320,410,996
1
2 2018 373,063,390 2017 29,259,162
39,033,294 2017 42,075,634
2018 215
( )
2018
( )
61.
2018 2017
0.18 0.16
2018 2017
4,093,773,630 3,507,717,627
2018 2017
23,031,218,891 22,443,195,782
23,031,218,891 22,443,195,782
216 2018
( )
2018
( )
62.
2018 2017
84,250,571 63,725,340
177,112,841 163,518,244
779,372,525 773,799,368
1,040,735,937 1,001,042,952
(791,384,377) (673,471,960)
(876,675,064) (988,507,491)
(166,749,049) (113,215,201)
(240,915,806) (737,681,693)
(2,075,724,296) (2,512,876,345)
2,855,596 130,000,003
2,321,454,667 —
2,324,310,263 130,000,003
(3,000,000) —
(758,676,755) (567,344,600)
— (1,182,203,850)
(48,496,785) —
(810,173,540) (1,749,548,450)
18,255,855 131,860,598
21,864,414 65,310,000
40,120,269 197,170,598
(1,556,273,813) —
(28,376,132) (83,320,965)
— (249,182,680)
(168,954,303) (56,560,608)
(1,753,604,248) (389,064,253)
2018 217
( )
2018
( )
63.
(1)
2018 2017
4,682,676,553 3,247,549,197
(82,017,400) —
1,500,399,230 2,220,905,893
3,435,984,806 3,436,259,583
773,486,572 620,484,452
15,418,250 13,233,083
224,278,570 257,479,713
(84,561,738) (44,456,123)
138,468,772 278,806,173
135,783,729 (750,200,343)
1,523,228,712 2,082,110,134
(884,031,281) (581,050,021)
122,895,090 (4,809,526)
124,578,329 143,454,852
(407,206,023) 961,053,088
312,502,639 (1,962,470,104)
(1,653,460,685) (314,056,525)
(29,469,275) 17,450,070
312,112,984 209,975,689
71,941,867 (67,363,771)
10,233,009,701 9,764,355,514
218 2018
( )
2018
( )
63. ( )
(1) ( )
2018 2017
9,817,724,859 5,537,001,830
5,537,001,830 4,333,796,374
115,113,292 217,342,125
217,342,125 379,026,968
4,178,494,196 1,041,520,613
(2)
2018 2017
11,904,847,235 674,155,816
10,981,098,912 —
3,127,481,245 35,306,085
7,853,617,667 (35,306,085)
2018 2017
— 438,511,211
— 283,011,211
— 55,598,436
— 227,412,775
2018 219
( )
2018
( )
63. ( )
(3)
2018 2017
9,817,724,859 5,537,001,830
3,467,899 3,680,034
9,814,256,960 5,533,321,796
115,113,292 217,342,125
9,932,838,151 5,754,343,955
64.
2018 2017
1 163,789,276 182,002,671
2 1,972,833 280,000,000
3 — 10,034,000
3 85,807,143 89,480,224
3 2,132,232 4,861,782
4 125,517,781 163,120,512
379,219,265 729,499,189
1 2018 12 31 101,359,612 2017 12 31 89,172,507
52,693,045 2017 12 31 92,550,221
9,736,619 2017 12 31 279,943
2 2018 12 31 1,972,833 2017 12
31 280,000,000
3 2018 12 31 2017 12 31
6,082 10,034,000 2018 12 31
85,807,143 2017 12 31 89,480,224 2018 12 31
2,132,232 2017 12 31 2,132,232
4 2018 12 31 125,517,781 2017 12 31 163,120,512
220 2018
( )
2018
( )
65.
2018 2017
15,674,451 0.8762 13,733,954 31,106,777 0.8359 26,002,155
678,405,739 6.8632 4,656,034,268 283,204,354 6.5342 1,850,513,890
988,811 8.6762 8,579,122 988,812 8.7792 8,680,978
221,481,591 5.0381 1,115,846,404 37,116,817 5.2009 193,040,854
39,531,327 4.8250 190,738,653 39,405,703 5.0928 200,685,364
15,602,535 0.0986 1,538,410 229,276,884 0.1136 26,045,854
626,228 7.8473 4,914,199 548,753 7.8023 4,281,536
15,124,455 14,772
4,145,488 4.8250 20,001,980 4,424,991 5.0928 22,535,594
51,319,433 6.8632 352,215,533 47,456,740 6.5342 310,091,831
392,225,736 0.8762 343,668,190 — — —
116,914,180 0.8762 102,440,205 101,360,411 0.8359 84,727,168
11,650,114 6.8632 79,957,062 10,888,740 6.5342 71,149,205
— 4.8250 — 2,169,810 5.0928 11,050,408
5,749,717 6.8632 39,461,458 451,826,871 6.5342 2,952,327,140
4,436,294,832 0.8762 3,887,081,532 — 0.8359 —
10,831,335,425 5,761,146,749
2018 221
( )
2018
( )
65. ( )
2018 2017
970,828,327 6.8632 6,662,988,974 278,658,085 6.5342 1,820,807,659
— 7.8473 — 77,489,012 7.8023 604,592,518
102,297,179 6.8632 702,085,999 141,941,180 6.5342 927,472,058
6,312,876 4.8250 30,459,627 4,937,447 5.0928 25,145,430
534,080,174 0.8762 467,961,048 — — —
53,417 0.8762 46,804 34,768,003 0.8359 29,062,574
139,107,353 6.8632 954,721,585 223,406,577 6.5342 1,459,783,255
15,758,115 4.8250 76,032,905 76,860,979 5.0928 391,437,594
70,817,610 6.8632 486,035,421 91,200,000 6.5342 595,919,040
30,500,000 7.8473 239,342,650 81,058,897 7.8023 632,445,832
— 4.8250 — 34,500,000 5.0928 175,701,600
— 7.8473 — 30,500,000 7.8023 237,970,150
1,459,482,390 6.8632 10,016,719,539 507,800,000 6.5342 3,318,066,760
— 5.0381 — — 5.2009 —
22,081,387 6.8632 151,548,975 20,697,749 6.5342 135,243,232
— 4.8250 — 26,237 5.0928 133,620
228,529,658 0.8762 200,237,686 — 0.8359 —
350,000,000 6.8632 2,402,120,455 — 6.5342 —
22,390,301,668 10,353,781,322
222 2018
( )
2018
( )
65. ( )
ZGC
BNL
NKWE Platinum Limited NKWE
Bisha Mining Share Company Bisha
Rakita Exploration Doo Bor Rakita
Rio Blanco Copper S.A.
66.
1 1
2018 12 31 470,000,000
1 1
2018 223
( )
2018
( )
66. ( )
( )
6 6 12 1
— 147,600,650 — 147,600,650
— 273 — 273
— 107,660,025 — 107,660,025
— 3,583 — 3,583
433,973,600 25,310,650 — 459,284,250
49,882 49,147 — 49,841
66,646,450 — — 66,646,450
21,158 — — 21,158
— 62,163,762 — 62,163,762
— 274 — 274
31,013,085 — — 31,013,085
17,229 — — 17,229
— — 3,225,704,000 3,225,704,000
— — 7 7
2018
3,225,704,000 — 122,133,713 (113,751,122)
874,368,222 27,819,058 7,640,748 312,220
2018
1 — 3,111,946,879 231,898,595 — (231,898,595)
873,223,824 — — 6,344,454 1,427,103
1
224 2018
( )
2018
( )
66. ( )
( )
(86,194) —
(1,046,852) —
2017 12
2017
(302,100)
62,189
(219,263,312)
38,215,623
(181,287,600)
(168,224,050)
(13,063,550)
56 55
2018 225
( )
2018
1.
(1)
2018 Rudarsko-Topioniarski Basen RTB Bor Doo 2018
12 18
2018 9 17
63%
37% 2018 12 18
350,000,000 2,409,890,000
63%
2018 12 18 2018 12 18
10,553,685 10,553,685
76,997,317 76,997,317
517,575,518 517,575,518
85,477,684 85,477,684
5,032,230 5,032,230
1,392,895,888 1,392,895,888
1,641,589,144 1,641,589,144
873,943,166 52,315,269
146,500,656 166,004,082
40,828,379 40,828,379
44,885,630 44,885,630
2,878,076 2,878,076
1,199,324,630 1,079,126,202
1,770,105,944 9,258,496,904
68,689,475 68,689,475
185,675,095 185,675,095
103,740,759 —
1,416,094,058 (6,650,482,186)
2,409,890,000
3,825,984,058
1,415,614,102
(63%) 2,410,369,956
479,956
226 2018
( )
2018
( )
1. ( )
(1) ( )
2018 12 18
12 31
63,626,365
22,479,962
(158,369,433)
(2)
2017 10 2018 1
3,197,191 2018 9 5
1178180 B.C. Ltd. 6
309,749,905 3,197,191
2018 9 15
2018 12 28 105
276,820,575 89.37%
10 2019 1 7 286,347,562
92.44%
2019 3 12
2018 11 21 2018
12 28
2018 12 31 1,660,923,450
8,367,898,912
(%)
2017 10 0.65 29,571,245
2018 1 0.38 18,825,189
2018 12 88.34 8,271,390,228
89.37 8,319,786,662
2018 227
( )
2018
( )
1. ( )
(2) ( )
2018 12 31 2018 12 31
356,036,358 356,036,358
116,545,338 116,545,338
109,545,333 109,545,333
27,871,483 27,871,483
734,996,110 727,132,355
1,655,218,004 1,656,783,319
48,888,742 48,888,742
9,846,498,664 3,505,196,430
337,844,315 526,372,761
46,354,989 46,354,989
337,592,531 337,592,531
14,910,467 14,910,467
7,999,314 7,999,314
400,038,262 89,903,983
649,508,669 249,079,254
1,583,908,868 285,607,298
10,285,841,225 6,135,634,261
881,539,166 919,168,792
9,404,302,059 5,216,465,469
999,677,309 919,168,792
(89.37%) 8,404,624,750
36,725,838
8,271,390,228
96,508,684
8,367,898,912
1.03% 95,695,432 6
19,183,146 96,508,684
813,252
228 2018
( )
2018
( )
1. ( )
(3)
45% 2006 8 8 1,000
45% 35% 20% 2007 6 1,350,000,000
607,500,000
Rio Blanco Copper
S.A. 12.57
0.57% 716.49 2018 6
366,000,000
164,700,000 128,100,000 73,200,000
201,310,000 6% 2018 12 17
2018 12 18
2018 12 26
2018 12 26
(%)
2006 8 45 4,500,000
2007 6 — 603,000,000
2018 6 — 164,700,000
2018 12 6 201,310,000
51 973,510,000
2018 229
( )
2018
( )
1. ( )
(3) ( )
2018 12 26 2018 12 26
347,299,799 347,299,799
476,176 476,176
484,621 484,621
3,821,892 3,821,892
2,702,858,815 1,664,043,864
29,199,537 29,199,537
1,042,680 1,042,680
1,946,340 1,946,340
561,025,729 561,025,729
8,893,381 8,893,381
306,450,411 —
2,204,782,299 1,472,417,759
1,080,343,326
(51%) 1,124,438,973
7,784,650
201,310,000
915,344,323
1,116,654,323
45% 484,385,664
915,344,323 430,958,659
2018 12 26
12 31
—
(504,139)
—
230 2018
( )
2018
( )
1. ( )
(4)
2018 9 6 51%
10,400,000 51% 2018 12 11
2018 12 26
2018 12 26
2018 12 26 2018 12 26
3,701,403 3,701,403
1,307,199 1,307,199
80,909 80,909
144,000 144,000
310,993 92,738
1,483,451 1,483,451
(3,822) (3,822)
4,064,875 3,846,620
(51%) 2,073,086
1,991,789
10,404,000
8,330,914
2018 12 26
12 31
—
(13,454)
—
2018 231
( )
2018
( )
2.
2018 2 8
2 61% 2018 12
31 2 2
2018 3 23
1,000 100%
2018 12 31 1,000 500
2018 9 7 1,000 2018 12 20
1,400,000,000 100% 2018
12 31 1,400,000,780
1178179 B.C. Ltd. 2018 9 4 1,000 2018 12 20
1,875,485,700 1178179 B.C. Ltd.100%
2018 12 31 1178179 B.C. Ltd. 1,875,487,032
1178180 B.C. Ltd. 2018 9 4 1,000 2018 12 20
1,875,485,700 1178179 B.C. Ltd. 1178180 B.C. Ltd. 100% 2018 12
31 1178180 B.C. Ltd. 1,875,487,032
3.
100% 100%
United Summit 100% 100%
Investment Limited (BVI)
232 2018
( )
2018
1.
(1)
8,673,462,786 100%
500,000,000 60% 40%
1 100%
531,557,000 95%
1,000,000,000 100%
2018 233
( )
2018
( )
1. ( )
(2)
250,000,000 51%
186,844,557 100%
375,000,000 87.20%
2,116,300,000 100%
150,000,000 70%
150,000,000 96.63% 3.37%
700,000,000 70%
346,500,000 100%
39,414,455,845 63%
728,033,163 89.37%
234 2018
( )
2018
( )
1. ( )
2018
49.00% 413,654,648 (465,500,000) 935,168,407
44.00% (26,830,606) 305,794,173
12.80% 13,228,186 (4,800,000) 134,046,675
44.00% 278,262,205 (264,000,000) 461,044,680
30.00% (4,745,118) (12,000,000) 245,279,414
NKWE 39.53% (5,302,897) 196,247,612
24.08% 221,194,909
47.00% 1,167,171 202,150,955
49.00% (96,044,615) 76,863,825
40.00% (64,018,604) 62,154,919
40.00% 54,293,903 (13,770,690) 166,913,253
15.78% (16,548,486) 107,640,320
43.50% (135,692) 98,578,616
61.28% 91,759,322 37,675,079
30.00% (40,209,837) (10,200,000) (35,186,488)
30.00% 235,279,110 320,402,561
61.48% (103,653,028) (1,163,873,412)
49.00% (10,966,757) (167,428,615)
49.00% (247,028) 1,080,343,327
10.63% 1,881,216,474
37.00% 8,317,589 1,423,931,687
(138,356,543) (79,402,896) 228,120,057
588,902,923 (849,673,586) 6,818,278,428
2018 235
( )
2018
( )
1. ( )
2018 2017
345,042,414 2,670,588,421 3,015,630,835 (191,078,869) (905,145,000) (1,096,223,869) 940,819,350 2,709,696,397 3,650,515,747 (718,675,977) (906,945,000) (1,625,620,977)
214,620,272 2,153,058,780 2,367,679,052 (1,271,300,918) (400,000,000) (1,671,300,918) 231,458,824 2,031,430,716 2,262,889,540 (1,105,532,757) (400,000,000) (1,505,532,757)
752,363,086 1,956,570,998 2,708,934,084 (1,298,082,077) (374,031,292) (1,672,113,369) 702,154,919 2,126,741,344 2,828,896,263 (1,572,527,703) (321,733,667) (1,894,261,370)
1,006,743,527 414,254,964 1,420,998,491 (386,088,740) (6,307,291) (392,396,031) 866,725,659 481,113,233 1,347,838,892 (345,489,105) (6,161,429) (351,650,534)
64,829,626 866,598,912 931,428,538 (247,035,578) (88,682,951) (335,718,529) 79,345,416 746,268,470 825,613,886 (154,096,050) (62,000,000) (216,096,050)
NKWE 25,764,442 510,869,336 536,633,778 (2,523,562) (30,918,067) (33,441,629) 18,109,461 564,215,613 582,325,074 (1,624,497) — (1,624,497)
350,485,898 1,498,765,391 1,849,251,289 (729,383,314) — (729,383,314) 340,553,554 1,541,326,818 1,881,880,372 (760,433,967) — (760,433,967)
142,041,044 167,213,537 309,254,581 (1,428,871) — (1,428,871) 138,679,614 167,522,619 306,202,233 (859,864) — (859,864)
38,604,467 358,946,123 397,550,590 (48,249,304) (128,084,013) (176,333,317) 47,241,019 357,615,242 404,856,261 (54,692,204) (128,084,013) (182,776,217)
77,151,816 169,264,501 246,416,317 (68,709,449) (30,302) (68,739,751) 83,002,182 418,887,369 501,889,551 (79,523,813) (43,647) (79,567,460)
225,995,059 2,065,494,910 2,291,489,969 (1,437,891,626) (775,634,027) (2,213,525,653) 246,480,716 2,012,567,144 2,259,047,860 (2,319,605,657) (11,538,227) (2,331,143,884)
121,633,574 921,643,395 1,043,276,969 (427,218,797) (213,672,799) (640,891,596) 91,398,889 892,535,727 983,934,616 (460,498,108) (115,157,395) (575,655,503)
134,496 230,106,484 230,240,980 (3,628,528) — (3,628,528) 167,931 230,106,484 230,274,415 (3,350,028) — (3,350,028)
37,233,474 17,762 37,251,236 (166,244,768) — (166,244,768) 36,059,515 5,085,173 41,144,688 (159,696,226) — (159,696,226)
666,956,306 2,884,001,375 3,550,957,681 (1,580,804,695) (1,046,611,236) (2,627,415,931) 544,906,491 2,967,881,619 3,512,788,110 (3,085,853,632) (207,000,000) (3,292,853,632)
115,318,202 287,604,433 402,922,635 (1,108,926,433) (1,053,399,845) (2,162,326,278) 130,498,523 412,920,875 543,419,398 (1,030,974,196) (1,048,479,881) (2,079,454,077)
98,070,596 452,101,563 550,172,159 (180,855,772) (22,578,148) (203,433,920) 82,752,664 492,629,043 575,381,707 (181,138,182) (23,766,470) (204,904,652)
348,260,596 2,735,374,105 3,083,634,701 (2,989,020) (876,369,521) (879,358,541) — — — — — —
1,344,994,622 11,934,804,714 13,279,799,336 (760,540,574) (2,233,417,537) (2,993,958,111) — — — — — —
1,552,583,833 4,161,616,689 5,714,200,522 (433,523,130) (1,433,384,692) (1,866,907,822) — — — — — —
2018 2017
1,947,683,115 844,512,196 844,512,196 932,663,420 1,775,888,670 737,031,420 737,031,420 949,136,271
1,395,227,272 (60,978,650) (60,978,650) (6,413,413) 1,219,822,492 5,060,027 5,060,027 20,635,130
3,877,035,494 129,037,390 129,037,390 (213,715,636) 4,354,248,732 63,695,903 63,695,903 496,350,215
1,453,913,416 632,414,102 632,414,102 574,200,038 1,115,764,074 461,913,681 461,913,681 635,810,180
503,594,178 26,210,975 26,210,975 79,954,002 507,364,224 23,078,419 23,078,419 124,959,044
NKWE 4,425 (13,414,866) (13,414,866) (2,521,187) — (8,636,991) 16,327,791 (8,281,901)
295,199,337 47,337,042 47,337,042 81,842,913 252,243,110 23,325,260 23,325,260 114,785,297
1,367,782 2,483,342 2,483,342 (856,070) 134,320 (7,959,810) (7,959,810) (1,527,017)
— (862,771) (862,771) (2,419,101) — (139,564) (139,564) (26,627)
225,825,046 (50,390,366) (50,390,366) 7,230,350 302,733,968 2,496,384 2,496,384 74,109,746
903,255,341 157,625,523 157,625,523 49,670,625 465,858,693 (31,841,672) (31,841,672) 94,892,562
258,868,368 (5,234,035) (5,234,035) 117,773,539 178,296,732 11,123,006 11,123,006 69,065,148
— (311,935) (311,935) (161,622) — (162,203) (162,203) (38,423)
— (8,181,084) (8,181,084) (3,483,782) 42,735 (235,818,939) (235,818,939) 430,996
1,698,980,458 666,467,643 737,607,272 946,422,458 1,501,319,921 444,930,864 432,904,900 599,812,529
9,743,747 (118,721,635) (118,721,635) 4,326,736 36,299,758 (1,145,945,639) (1,145,945,639) (3,403,642)
87,911,205 (22,381,137) (22,381,137) 2,552,580 52,173,675 (29,793,415) (29,793,415) (9,914,186)
— — — — — — — —
— — — — — — — —
63,626,365 22,479,962 22,479,962 (158,369,433) — — — —
236 2018
( )
2018
( )
2.
2018 4 ZGC 5% ZGC 75% 70%
1 10,373,702 10,373,708
3.
(%)
1 173,430,000 — 30.05%
250,000,000 — 50%
2 3,498,500 — 45%
100,000,000 — 50%
3 200,000,000 — 50%
4 21,500,000 — 51.16%
5 20,000,000 — 51%
14,000 — 49.5%
Porgera 1,000 — 50%
Service Company
Preduzece za Proizvodnju Bor, Serbia or a Vajferta br. 104,610,167 — 49%
Bankarnog Praha 20-22, Bor
Pometon
Tir Doo Bor 11
69,000,000 — 49%
60,000,000 — 48%
6 231,500,000 — 16.06%
300,000,000 — 38%
7 100,000,000 — 51%
200,000,000 — 25%
107,000,000 — 21.09%
2018 237
( )
2018
( )
3. ( )
(%)
800,000,000 41.5% —
80,000,000 34% —
73,440,000 10% 37.5%
2,000,000,000 22% —
868,935,192 — 16.42%
830,000,000 — 34%
355,580,000 — 25%
813,340,000 — 37.38%
5,000,000 — 20%
20,408,163 — 49%
10,000,000 — 49%
8 10,000,000 10% 20%
9 68,000,000 — 25%
10 200,000,000 30% —
1 5 2 3
2 5 2 3
238 2018
( )
2018
( )
3. ( )
3 2014 12 50%
5 2 3
4 3 2
5 2015 2 3
51% 49% 5 3 1
2
6 6 1
3 2
7 2015 6
11% 5 2
8 2016 1
10% 20%
100% 30%
5 2
9 2016 4 166,600,000
25% 5 1 1
10 2018 8
2 30%
6 1
11 Preduzece za Proizvodnju Bankarnog Praha Pometon Tir Doo Bor
5 2
2018 239
( )
2018
( )
3. ( )
2018
723,572,561 521,159,427 629,435,361 549,973,185
160,441,347 353,229,335 553,816,385 239,636,713
369,564,381 196,727 3,955,403,486 9,302,739,150
1,093,136,942 521,356,154 4,584,838,847 9,852,712,335
497,442,567 67,767,508 1,371,847,240 139,903,928
2,905,143 — 88,071,079 6,644,766,309
500,347,710 67,767,508 1,459,918,319 6,784,670,237
— — (87,312,221) (376,981,502)
592,789,232 453,588,646 3,212,232,749 3,445,023,600
178,133,164 226,794,323 1,445,504,737 1,705,286,682
— — — —
(12,350,855) — — —
165,782,309 226,794,323 1,445,504,737 1,705,286,682
2,341,369,422 428,386,491 — —
15,980,290 (3,062,277) 27,778,612 366,735,301
— (3,062,277) (439) (25,767,958)
5,068,480 — 54,376,432 392,503,258
9,673,984 (30,991,200) — —
28,509,864 13,240,088 (24,765,151) 271,959,507
— — — —
28,509,864 13,240,088 (24,765,151) 271,959,507
8,530,843 — — —
240 2018
( )
2018
( )
3. ( )
2017
692,588,888 287,308,645 626,664,039 334,053,699
195,408,573 49,536,649 551,002,836 265,579,453
408,035,603 261,506,956 3,879,844,652 7,401,433,109
1,100,624,491 548,815,601 4,506,508,691 7,735,486,808
504,939,934 69,493,380 1,246,282,900 130,033,700
3,016,361 38,973,663 93,825,943 4,875,703,939
507,956,295 108,467,043 1,340,108,843 5,005,737,639
— — (70,598,052) (443,314,924)
592,668,196 440,348,558 3,236,997,900 3,173,064,093
178,096,793 220,174,279 1,456,649,055 1,570,666,726
— — — —
(12,350,855) — — —
165,745,938 220,174,279 1,456,649,055 1,570,666,726
2,543,052,541 56,657,532 — —
14,936,241 (3,354,067) 47,000,677 267,982,728
— (3,354,067) — (11,590,274)
6,288,801 — 46,999,052 279,573,002
9,119,864 30,757,217 — —
16,313,175 93,199,580 (79,957,482) (397,845,081)
— — — —
16,313,175 93,199,580 (79,957,482) (397,845,081)
11,296,470 — — —
2018 241
( )
2018
( )
3. ( )
2018
455,462,149 782,515,051 232,990,081 880,338,891 618,528,590
4,221,160,134 6,270,164,204 342,308,194 3,973,898,888 2,044,208,994
4,676,622,283 7,052,679,255 575,298,275 4,854,237,779 2,662,737,584
2,142,521,552 2,077,827,370 70,655,424 2,531,095,000 1,775,413,339
1,220,105,560 2,265,068,185 — 106,336,091 55,372,961
3,362,627,112 4,342,895,555 70,655,424 2,637,431,091 1,830,786,300
— — — — —
1,313,995,171 2,709,783,700 504,642,851 2,216,806,688 831,951,284
545,307,996 596,152,414 239,705,354 363,999,658 310,983,390
— — — — —
— — — — —
331,615,363 — — — —
876,923,359 596,152,414 239,705,354 363,999,658 310,983,390
569,694,017 1,148,570,963 450,473,306 3,168,490,171 1,585,381,519
8,644,994 56,772,464 77,113,765 27,227 (87,319)
27,962,547 338,081,993 223,894,743 (20,052,161) 66,565,297
— — — — —
27,962,545 338,081,993 223,894,743 (20,052,161) 66,565,297
20,750,000 — 66,500,000 6,910,046 —
242 2018
( )
2018
( )
3. ( )
( )
2017
260,369,943 761,290,950 109,649,337 1,018,396,179 557,384,050
4,025,704,397 5,371,147,143 1,604,347,238 4,171,882,636 2,049,195,980
4,286,074,340 6,132,438,093 1,713,996,575 5,190,278,815 2,606,580,030
1,552,922,611 1,388,927,592 597,947,704 2,598,438,251 1,132,748,652
1,397,119,105 3,746,808,792 8,371,334 312,898,609 737,784,859
2,950,041,716 5,135,736,384 606,319,038 2,911,336,860 1,870,533,511
— — — — —
1,336,032,624 996,701,709 1,107,677,537 2,278,941,955 736,046,519
554,453,539 219,274,376 498,454,892 374,202,269 286,101,282
— — — — —
— — (162,757,584) — —
331,615,363 — — — —
886,068,902 219,274,376 335,697,308 374,202,269 286,101,282
610,452,682 230,083,071 — 2,947,399,092 1,415,742,579
31,587,010 29,349,726 — 18,018 3,895
72,941,439 326,318,559 (63,948,070) 20,075,079 67,764,134
— — — — —
72,941,439 326,318,559 (63,948,070) 20,075,079 67,764,134
14,940,000 — — — —
2018 243
( )
2018
( )
3. ( )
2018 2017
111,325,848 108,261,966
(2,728,843) 25,473,635
(2,728,843) 25,473,635
999,295,195 1,174,506,115
(7,357,206) 23,759,091
(7,357,206) 23,759,091
4.
BNL 50% 50%
BNL (PD) 50%
BNL 50% BNL
BNL
244 2018
( )
2018
1.
2018
— 9,935,838,151 — — 9,935,838,151
787,134,360 — — — 787,134,360
— 1,009,871,109 — — 1,009,871,109
— 1,263,218,591 — — 1,263,218,591
— 307,233,993 — — 307,233,993
— 513,826,397 1,243,090,520 — 1,756,916,917
— — — 1,983,796,793 1,983,796,793
401,513,674 — — — 401,513,674
— 4,182,117,096 — — 4,182,117,096
1,188,648,034 17,212,105,337 1,243,090,520 1,983,796,793 21,627,640,684
— 15,616,680,236 15,616,680,236
242,482,582 — 242,482,582
— 4,700,981,856 4,700,981,856
— 4,933,126,062 4,933,126,062
— 9,707,089,022 9,707,089,022
— 12,917,915,706 12,917,915,706
— 8,879,453,693 8,879,453,693
— 621,085,921 621,085,921
242,482,582 57,376,332,496 57,618,815,078
2018 245
( )
2018
( )
1. ( )
2017
— 5,754,343,955 — 5,754,343,955
2,553,927,721 — — 2,553,927,721
— 2,812,240,046 — 2,812,240,046
— 1,031,023,681 — 1,031,023,681
— 257,775,683 — 257,775,683
— 417,087,784 2,321,454,667 2,738,542,451
— — 778,201,186 778,201,186
— 3,329,860,975 189,528,156 3,519,389,131
2,553,927,721 13,602,332,124 3,289,184,009 19,445,443,854
— 9,855,873,011 9,855,873,011
2,314,244,937 — 2,314,244,937
— 4,396,254,031 4,396,254,031
— 3,594,844,296 3,594,844,296
— 4,600,343,261 4,600,343,261
— 6,599,046,795 6,599,046,795
— 13,779,116,465 13,779,116,465
— 469,166,999 469,166,999
2,314,244,937 43,294,644,858 45,608,889,795
246 2018
( )
2018
( )
2.
2018 12 31 13,840,000
2017 12 31 18,250,000 2018 2017
2018 12 31
137,193,063 2017 12 31
144,000,000
2018 12 31 151,033,063
2017 12 31 162,250,000
2018 12 31
203,542,580 2017 12 31 71,195,068
2018 12 31
189,657,591 2017 12 31 30,000,000 2018 12 31 1 12
2018
3.
2018 247
( )
2018
( )
3. ( )
2018 12 31
248 2018
( )
2018
( )
3. ( )
( )
12
12
12
12
2018 12 31
2018 249
( )
2018
( )
3. ( )
2018
12 31 61% 2017 12 31 53% 1
2018
1 1 5 5
15,815,766,142 — — 15,815,766,142
242,482,582 — — 242,482,582
4,700,981,856 — — 4,700,981,856
4,933,126,062 — — 4,933,126,062
10,016,942,463 — — 10,016,942,463
566,700,741 6,890,025,928 8,150,069,504 15,606,796,173
380,880,002 9,523,380,460 — 9,904,260,462
10,232,004 292,145,603 701,732,505 1,004,110,112
36,667,111,852 16,705,551,991 8,851,802,009 62,224,465,852
2017
1 1 5 5
9,877,458,505 — — 9,877,458,505
2,314,244,937 — — 2,314,244,937
4,396,254,031 — — 4,396,254,031
3,594,844,296 — — 3,594,844,296
4,734,586,981 — — 4,734,586,981
219,467,748 6,553,361,678 899,584,996 7,672,414,422
541,100,000 15,002,825,000 — 15,543,925,000
5,599,101 252,110,484 316,245,772 573,955,357
25,683,555,599 21,808,297,162 1,215,830,768 48,707,683,529
250 2018
( )
2018
( )
3. ( )
2018 12 31 71%
2017 12 31 74%
2018
100/(100) (20,180,500)/20,180,500 — (20,180,500)/20,180,500
100/(100) (89,555,377)/89,555,377 — (89,555,377)/89,555,377
2017
100/(100) (20,400,000)/20,400,000 — (20,400,000)/20,400,000
100/(100) (45,258,834)/45,258,834 — (45,258,834)/45,258,834
100/(100) (1,954,476)/1,954,476 — (1,954,476)/1,954,476
2018 251
( )
2018
( )
3. ( )
( )
( )
2018
%
10% 2,679,728,029 — 2,679,728,029
(10%) (2,679,728,029) — (2,679,728,029)
10% 1,447,777 — 1,447,777
(10%) (1,447,777) — (1,447,777)
10% 505,452,340 — 505,452,340
(10%) (505,452,340) — (505,452,340)
10% 130,450,057 143,932,266 274,382,323
(10%) (130,450,057) (143,932,266) (274,382,323)
10% 153,841 — 153,841
(10%) (153,841) — (153,841)
10% 38,023,505 — 38,023,505
(10%) (38,023,505) — (38,023,505)
10% 24,425,685 — 24,425,685
(10%) (24,425,685) — (24,425,685)
2017
%
10% (81,724,223) 771,906 (80,952,317)
(10%) 81,724,223 (771,906) 80,952,317
10% 905,160 — 905,160
(10%) (905,160) — (905,160)
10% 13,953,346 — 13,953,346
(10%) (13,953,346) — (13,953,346)
10% 194,697,078 20,149,589 214,846,667
(10%) (194,697,078) (20,149,589) (214,846,667)
10% 2,604,585 — 2,604,585
(10%) (2,604,585) — (2,604,585)
10% (6,888,742) — (6,888,742)
(10%) 6,888,742 — 6,888,742
10% (103,472,023) — (103,472,023)
(10%) 103,472,023 — 103,472,023
252 2018
( )
2018
( )
3. ( )
( )
2018 12 31 2 13
2018 2018 2017 2017
2,494 3,559/2,483 3,307 3,448/3,053
A 1,326 3,534/1,288 1,986 2,141/1,855
25,846 33,154/22,150 29,919 30,003/22,134
TSX 557 925/530 851 851/484
14,222 16,567/13,780 16,209 16,222/14,953
11,291 13,637/10,770 12,809 12,853/11,149
6,728 7,877/6,585 7,688 7,698/6,071
5,646 6,320/5,646 6,065 6,065/5,621
46,727 54,576/44,418 52,533 55,192/43,541
6,330 7,660/5,899 6,396 6,523/4,885
10% 2018 12 31
2018
39,353,979 2,951,548/(2,951,548) — 2,951,548/(2,951,548)
103,633,350 7,772,501/(7,772,501) — 7,772,501/(7,772,501)
TSX 13,954,022 1,046,552/(1,046,552) — 1,046,552/(1,046,552)
75,637,682 5,672,826/(5,672,826) — 5,672,826/(5,672,826)
5,600,684 420,051/(420,051) — 420,051/(420,051)
62,477,101 4,685,783/(4,685,783) — 4,685,783/(4,685,783)
16,122,453 1,209,184/(1,209,184) — 1,209,184/(1,209,184)
2,625,824 196,937/(196,937) — 196,937/(196,937)
37,889,695 2,841,727/(2,841,727) — 2,841,727/(2,841,727)
TSX 1,439,322,847 — 107,949,213/(107,949,213) 107,949,213/(107,949,213)
7,873,790 — 590,534/(590,534) 590,534/(590,534)
3,160,462 — 237,035/(237,035) 237,035/(237,035)
2018 253
( )
2018
( )
3. ( )
( )
( )
2017
54,694,162 4,102,062/(4,102,062) — 4,102,062/(4,102,062)
35,536,218 2,665,216/(2,665,216) — 2,665,216/(2,665,216)
57,866,714 4,340,004/(4,340,004) — 4,340,004/(4,340,004)
203,954,106 15,296,558/(15,296,558) — 15,296,558/(15,296,558)
TSX 1,757,856,505 131,839,238/(131,839,238) — 131,839,238/(131,839,238)
82,679,197 6,200,940/(6,200,940) — 6,200,940/(6,200,940)
113,424,240 8,506,818/(8,506,818) — 8,506,818/(8,506,818)
4,827,401 362,055/(362,055) — 362,055/(362,055)
20,334,430 1,525,082/(1,525,082) — 1,525,082/(1,525,082)
TSX 201,495,890 — 15,112,192/(15,112,192) 15,112,192/(15,112,192)
9,433,922 — 707,544/(707,544) 707,544/(707,544)
7,719,056 — 578,929/(578,929) 578,929/(578,929)
254 2018
( )
2018
( )
4.
2018 2017
2018 2017
112,879,303,842 89,315,263,550
65,605,591,140 51,672,418,332
58% 58%
1.
2018
8,767,740 — — 8,767,740
357,294,790 — — 357,294,790
76,452,429 31,087,405 — 107,539,834
313,531,996 — — 313,531,996
1,243,090,520 — — 1,243,090,520
1,450,357,099 — 533,439,694 1,983,796,793
— 401,513,674 — 401,513,674
3,449,494,574 432,601,079 533,439,694 4,415,535,347
74,841,064 — — 74,841,064
155,012,734 10,858,519 — 165,871,253
— 1,770,265 — 1,770,265
229,853,798 12,628,784 — 242,482,582
2018 255
( )
2018
( )
1. ( )
2017
34,525,569 — — 34,525,569
2,331,172,973 — — 2,331,172,973
14,784,532 1,918,699 — 16,703,231
171,525,948 — — 171,525,948
218,648,868 — — 218,648,868
2,770,657,890 1,918,699 — 2,772,576,589
2,231,963,403 — — 2,231,963,403
27,017,250 46,303,526 — 73,320,776
8,960,758 — 8,960,758
2,258,980,653 55,264,284 — 2,314,244,937
2018 2017
2.
2018
— — 4,182,117,096 4,182,117,096
— 28,534,595,942 — 28,534,595,942
— 8,879,453,693 — 8,879,453,693
— — 621,085,921 621,085,921
— — 307,233,993 307,233,993
— 9,659,653,169 47,435,853 9,707,089,022
256 2018
( )
2018
( )
2. ( )
2017
— — 3,329,860,975 3,329,860,975
— 16,454,919,806 — 16,454,919,806
— 13,779,116,465 — 13,779,116,465
— — 469,166,999 469,166,999
— — 257,775,683 257,775,683
— 4,552,453,525 47,889,736 4,600,343,261
3.
2018 12 31
2018 257
( )
2018
1.
25.88% 25.88%
36,800
110
2.
1
3.
3
4.
4
5.
258 2018
( )
2018
( )
6.
(A)
2018 2017
270,292,880 262,099,867
1,973,715 1,969,748
20,827,400 17,542,345
229,426,418 89,667,395
1,143,796,014 1,235,916,408
33,765,992 20,833,378
23,653,686 15,115,449
1,723,736,105 1,643,144,590
2018 2017
60,999,874 90,839,522
117,301,838 68,075,865
1,109,446,926 296,824,235
1,031,521 —
— 803,336,480
*
989,949,929 —
2,463,283 2,567,839
— 1,186,667
2,281,193,371 1,262,830,608
*
2018 259
( )
2018
( )
6. ( )
(B)
(1)
(2)
2018
139,780,000 2011 4 28 2019 4 27
2
1
2017
144,800,000 2011 4 28 2019 4 27
2
1
(C)
2018
1 45,600,000 2015 12 29 2026 12 28 1.20%
1 24,800,000 2015 12 11 2027 12 9 1.20%
70,400,000
2017
1 51,300,000 2015 12 29 2026 12 28 1.20%
1 27,400,000 2015 12 11 2027 12 9 1.20%
78,700,000
260 2018
( )
2018
( )
6. ( )
(C) ( )
2018
2 225,400,573 2015 6 30 2020 6 30 LIBOR+2.60%
2 381,061,713 2017 5 15 2020 8 31 LIBOR+2.60%
3 424,879,188 2016 3 18 2019 3 17 6.50%
4 1,243,316,962 2015 12 8 — LIBOR+7%
4 34,316,000 2016 1 2 — LIBOR+7%
4 53,018,742 2016 3 15 — LIBOR+7%
4 140,647,558 2016 8 15 — LIBOR+7%
4 129,252,683 2016 10 14 — LIBOR+7%
4 77,876,511 2016 12 21 — LIBOR+7%
4 24,104,272 2017 1 24 — LIBOR+7%
4 24,104,272 2017 2 22 — LIBOR+7%
4 31,269,810 2017 3 24 — LIBOR+7%
4 13,245,997 2017 3 31 — LIBOR+7%
4 28,452,384 2017 4 24 — LIBOR+7%
4 77,416,621 2017 5 24 — LIBOR+7%
4 33,682,032 2017 7 31 — LIBOR+7%
4 90,608,035 2017 8 31 — LIBOR+7%
4 51,233,465 2017 8 31 — LIBOR+7%
4 57,507,988 2017 9 30 — LIBOR+7%
4 49,831,238 2017 10 31 — LIBOR+7%
4 56,261,960 2017 11 30 — LIBOR+7%
4 9,474,572 2018 1 25 — LIBOR+7%
4 33,322,572 2018 2 23 — LIBOR+7%
4 37,685,612 2018 4 6 — LIBOR+7%
4 18,224,672 2018 4 23 — LIBOR+7%
4 47,895,891 2018 5 24 — LIBOR+7%
4 24,574,312 2018 8 6 — LIBOR+7%
4 57,320,458 2018 8 23 — LIBOR+7%
4 31,889,365 2018 9 25 — LIBOR+7%
4 136,641,226 2018 10 25 — LIBOR+7%
4 81,901,002 2018 11 23 — LIBOR+7%
5 50,073,104 2018 10 8 2019 9 18 4.785%
3,776,490,790
2018 261
( )
2018
( )
6. ( )
(C) ( )
( )
2017
6 6 9,000,000 2012 4 13 — 4.35%
6 6 109,350,000 2012 6 20 — 4.35%
6 6 9,000,000 2013 1 14 — 4.35%
6 6 13,500,000 2013 10 31 — 4.35%
6 6 5,400,000 2014 7 31 — 4.35%
6 6 4,500,000 2015 1 21 — 4.35%
6 6 6,300,000 2015 5 29 — 4.35%
6 6 6,975,000 2015 7 23 — 4.35%
6 6 2,286,000 2015 12 15 — 4.35%
6 6 3,429,000 2016 1 15 — 4.35%
6 6 21,276,000 2016 6 29 — 4.35%
6 6 19,507,405 2017 3 31 — 4.75%
6 6 26,227,488 2017 10 31 — 4.75%
6 6 13,360,754 2017 10 31 — 4.75%
6 9,000,000 2017 11 30 2019 12 31 4.75%
6 15,300,000 2017 11 7 2019 12 31 4.75%
6 5,850,000 2017 11 2 2019 12 31 4.75%
2 207,775,684 2012 7 11 2018 6 30 LIBOR+2.60%
2 351,265,115 2017 8 18 2020 8 31 LIBOR+2.60%
3 425,246,280 2016 3 18 2019 3 17 6.50%
4 1,183,716,298 2015 12 8 — LIBOR+7%
4 32,671,000 2016 1 2 — LIBOR+7%
4 50,477,192 2016 3 15 — LIBOR+7%
4 133,905,361 2016 8 15 — LIBOR+7%
4 123,056,720 2016 10 14 — LIBOR+7%
4 74,143,358 2016 12 21 — LIBOR+7%
4 22,948,790 2017 1 24 — LIBOR+7%
4 22,948,790 2017 2 22 — LIBOR+7%
4 29,770,835 2017 3 24 — LIBOR+7%
4 12,611,026 2017 3 31 — LIBOR+7%
4 27,088,467 2017 4 24 — LIBOR+7%
4 73,705,515 2017 5 24 — LIBOR+7%
4 32,067,423 2017 7 31 — LIBOR+7%
4 86,264,574 2017 8 31 — LIBOR+7%
4 48,777,496 2017 8 31 — LIBOR+7%
4 54,751,238 2017 9 30 — LIBOR+7%
4 47,442,487 2017 10 31 — LIBOR+7%
4 53,564,941 2017 11 30 — LIBOR+7%
4 301,017,140 — — —
6 5 50,112,612 2017 9 28 2018 9 28 4.35%
3,725,589,989
262 2018
( )
2018
( )
6. ( )
(C) ( )
1 2015 12 11 30,000,000 1.20%
2018 12 31 5,200,000 2015 12 29
57,000,000 1.20% 2018 12 31
11,400,000
2 2012
22,680,000 2020 6 30 2018 12 31
225,400,573 2017 12 31 207,775,684 2014
51,750,000 2020 8 31 2018 12 31
381,061,713 2017 12 31 351,265,115 LIBOR+2.60%
3 2016 419,440,000 6.50%
2018 12 31 424,879,188 2017
153,203,515
4 181,157,035 2018
12 31 1,243,316,962 2017 12 31 1,183,716,298
LIBOR+7% 2018 12 31
211,528,041 1,451,759,251
2018 12 31 565,029,454
5 2018 10 4.785% 2018 12 31
50,073,104 2019 9
6 2017 30,150,000 4.75%
2019 12 31
(D)
(1)
2018 2017
27,017,845 27,329,518
13,206,579 10,154,060
40,224,424 37,483,578
3
(2)
(3)
2018 263
( )
2018
( )
7.
2018 12 31 2017 12 31
— — 57,892,351 —
11,740,857 — 19,555,943 —
— — 1,450,891 —
11,740,857 — 78,899,185 —
3,086,207 — — —
132,430 — — —
4,651,157 — — —
— — 3,584,061 —
150,817,902 — — —
158,687,696 — 3,584,061 —
— — 20,000,000 —
50,073,104 — 50,112,612 —
— — 5,806,280 —
14,000,000 — 14,000,000 —
30,683,478 — 30,683,478 —
3,500,000 — 8,750,000 —
200,246,460 — 250,111,647 140,992,416
298,503,042 — 379,464,017 140,992,416
— — 207,775,684 —
419,440,000 153,203,515 — —
419,440,000 153,203,515 207,775,684 —
— — 30,150,000 —
132,000,000 — 132,000,000 —
606,462,286 — 351,265,115 —
— — 419,440,000 153,203,515
3,186,619,695 — 2,410,928,651 —
3,925,081,981 — 3,343,783,766 153,203,515
264 2018
( )
2018
( )
8.
2018 12 31 2017 12 31
8,067,660 —
3,037,187 —
— 32,303,500
— 17,542,345
— 5,560,051
— 204,835,750
11,104,847 260,241,646
1,080,020 —
2,656,789 —
3,736,809 —
— 7,387,576
29,672,233 29,672,233
— 17,642,340
6,988,854 6,990,854
3,122,200 5,185,117
— 4,284,471
13,371,997 —
53,155,284 63,775,015
37,061,152 35,284,680
8,300,000 8,300,000
45,361,152 43,584,680
74,122,560 123,496,380
62,100,000 70,400,000
136,222,560 193,896,380
2018 12 31
2018 265
( )
2018
1.
2018 2017
1 8,446,140,525 1,656,796,483
1 2018 12 31 8,428,290,292 2017
12 31 1,388,029,367 6
12.6 3.5 4 1 2018
12 31 9.1 6,245,512,000
2.
2018 2017
1 139,780,000 144,800,000
2 555,859,508 229,256,707
695,639,508 374,056,707
1 2018 12 31 450,000,000 2017 12
31 450,000,000 2018 12 31 139,780,000
2017 12 31 144,800,000
2 2018 12 31 1,339,420,500
41.5%
2018 12 31
555,859,508 2017 12 31 229,256,707
266 2018
( )
2018
1. 2018 9 6 6 2018 12 31
89.37% 2019 3 12 10.63%
309,749,905 100%
2. 2018 3 19 0.1 NKWE 2018 12 31
NKWE 60.47% 2019 3 14 NKWE 39.53%
NKWE 896,371,120 NKWE 100%
3. 2019 1 21
4. 2019 3 7 8 2019 25
2019 3 11 2022 3 11 3 3.8%
100 2019 3 11 2024 3 11 5 4.3%
100
5. 2019 2 25 2019 3 2018
A
15% 34 80
2018 267
( )
2018
1.
9
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
268
( )
2018
1. ( )
2018
(
2018
)
3,310,723,558 48,991,067,837 1,567,562,177 99,265,231 16,528,108,174 4,461,642,686 5,558,942,830 3,688,520,425 21,788,413,205 — 105,994,246,123
2,567,661,177 6,608,835,006 1,661,796,083 737,630,646 2,436,088,711 3,521,111,167 1,232,840,603 670,041 8,225,450,032 (26,992,083,466) —
5,878,384,735 55,599,902,843 3,229,358,260 836,895,877 18,964,196,885 7,982,753,853 6,791,783,433 3,689,190,466 30,013,863,237 (26,992,083,466) 105,994,246,123
# —
842,164,414 7,224,569 324,982,129 34,340,948 408,294,297 3,901,257,789 3,536,520,336 134,138,067 (2,236,844,649) 6,952,077,900
55,193,742 7,733,843 (65,704) — 3,411,755 4,488,076 (660,398) (2,650,887) 17,111,311 — 84,561,738
380,748,858
399,485,797
(1,686,694,511)
6,130,179,782
54,497,749,118 12,382,301,708 11,234,169,610 7,456,492,593 9,825,550,966 19,752,633,311 13,821,184,525 2,482,268,446 145,231,571,218 (175,511,350,279) 101,172,571,216
11,706,732,626
112,879,303,842
29,504,290,871 8,054,416,932 6,831,581,426 4,163,939,351 5,868,612,723 11,613,416,946 7,494,949,480 1,207,106,951 82,977,847,138 (118,579,486,584) 39,136,675,234
26,468,915,906
65,605,591,140
— — — 74,378,038 — (16,011,644) 106,350,003 — 68,700,631 — 233,417,028
— 8,947,742 — — — 134,619,956 — — (3,921,336) — 139,646,362
255,551,931 3,536,758 204,541,781 — 2,217,519 3,883,206 46,254,619 7,247,786 1,139,089,293 — 1,662,322,893
— (4,298,276) (679,022) — — (208,002) — — (238,755,763) — (243,941,063)
(135,783,729)
155,379,612 2,081,753,287 72,595,960 20,347,383 686,642,707 144,602,779 97,562,611 135,579,262 1,054,704,597 — 4,449,168,198
— — — 596,152,414 — 363,999,658 239,705,354 — 2,187,201,944 — 3,387,059,370
— 186,455,873 — — — 1,705,286,682 — — 1,762,951,344 — 3,654,693,899
1,879,832,062 180,428,940 658,182,559 681,626,098 118,295,489 2,307,619,537 910,659,084 172,326,522 17,708,670,647 — 24,617,640,938
30,351,805
( )
1. ( )
2017
3,354,904,047 40,361,174,413 2,921,302,995 739,226,086 14,138,266,094 6,253,098,133 5,921,940,639 3,755,347,934 17,103,358,757 — 94,548,619,098
2,807,867,220 8,075,721,449 236,220,394 29,018,687 3,922,241,270 141,457,849 662,755,736 213,408,777 5,314,072,618 (21,402,764,000) —
6,162,771,267 48,436,895,862 3,157,523,389 768,244,773 18,060,507,364 6,394,555,982 6,584,696,375 3,968,756,711 22,417,431,375 (21,402,764,000) 94,548,619,098
# —
744,574,240 159,540,006 393,256,889 159,040,367 856,886,751 2,360,955,960 3,408,678,885 43,919,754 (1,964,792,642) 6,162,060,210
339,632,652
(288,128,757)
(1,645,603,912)
4,567,960,193
52,046,928,371 12,289,114,406 11,181,073,027 6,894,400,638 9,607,781,908 17,614,063,788 13,724,538,900 2,424,958,834 68,552,566,062 (116,707,223,568) 77,628,202,366
11,687,061,184
89,315,263,550
28,471,500,477 7,756,263,190 6,468,499,076 4,122,240,787 5,793,265,977 11,092,334,220 8,512,578,909 1,540,928,055 51,141,405,172 (105,454,310,584) 19,444,705,279
32,227,713,053
51,672,418,332
— — — 13,880,929 — (28,776,632) 68,052,120 — 73,523,069 — 126,679,486
— 5,516,718 — — — (196,933,315) — — 35,477,949 — (155,938,648)
13,870,352 12,261,779 33,296,869 — — 117,640,251 16,163,330 2,100,590 2,106,120,748 — 2,301,453,919
(41,709,355) (10,695,763) (4,923,057) — — (312,989) (3,706,862) — (19,200,000) — (80,548,026)
750,200,343
178,830,352 2,040,615,460 81,929,957 20,889,748 722,401,649 128,972,347 112,649,239 153,011,312 888,156,767 — 4,327,456,831
— — — 219,274,376 — 335,697,308 1,085,924,256 — 1,634,954,312 — 3,275,850,252
— 186,038,974 — — — 1,570,666,726 — — 1,764,792,264 — 3,521,497,964
2018
2018
(
598,746,464 95,992,472 341,059,932 117,644,927 61,541,867 1,371,209,200 562,202,730 37,136,084 1,720,256,031 — 4,905,789,707
)
35,401,581
269
270 2018
( )
2018
( )
1. ( )
#
2018 91% 2017 94% 54% 2017 71%
2018 47,167,523,218 2017 40,519,637,614
2.
2018 12 31
2018 2017
1 1 27,138,801 35,878,325
1 2 2 18,834,932 25,181,433
2 3 3 20,100,905 26,448,256
3 5 5 30,339,431 43,551,884
5 58,398,297 75,705,348
154,812,366 206,765,246
*2018 41,763,853 2017 29,392,772
2018 2017
1 1 77,198,222 9,124,097
1 2 2 69,296,210 10,454,396
2 3 3 59,551,992 2,506,000
3 5 5 116,159,325 2,604,149
5 65,678,692 —
387,884,441 24,688,642
2018 271
( )
2018
( )
3.
2018 2017
660,000 600,000
13,901,972 13,933,204
#
12,313,014 12,664,141
142,859 132,173
26,357,845 26,729,518
27,017,845 27,329,518
#
2017
(a)
2018 2017
210,000 150,000
150,000 150,000
150,000 150,000
150,000 150,000
660,000 600,000
272 2018
( )
2018
( )
3. ( )
(b)
2018
2,880,000 2,489,236 33,630 5,402,866
1 2,880,000 2,473,717 26,733 5,380,450
1,800,000 1,734,096 34,836 3,568,932
1,800,000 1,734,095 23,830 3,557,925
2,741,972 2,147,775 — 4,889,747
2 1,800,000 1,734,095 23,830 3,557,925
13,901,972 12,313,014 142,859 26,357,845
2017
2,880,000 2,727,718 33,240 5,640,958
1 2,880,000 2,449,326 24,036 5,353,362
1,800,000 1,816,591 32,145 3,648,736
1,800,000 1,847,558 21,376 3,668,934
2,773,204 2,026,448 — 4,799,652
2 1,800,000 1,796,500 21,376 3,617,876
13,933,204 12,664,141 132,173 26,729,518
1 2016 12 30
2 2016 12 30
2018 273
( )
2018
( )
3. ( )
(c)
2018
1,800,000 1,734,096 18,268 — 3,552,364
— — — 120,000 120,000
— — — 72,000 72,000
— — — 72,000 72,000
1 — — — 72,000 72,000
1,800,000 1,734,096 18,268 336,000 3,888,364
2017
1,800,000 1,790,211 32,501 — 3,622,712
— — — 120,000 120,000
— — — 72,000 72,000
— — — 72,000 72,000
1 — — — 72,000 72,000
1,800,000 1,790,211 32,501 336,000 3,958,712
1 2016 12 30
4.
2017
2018 2017
12,101,972 12,133,204
10,578,919 10,867,641
119,029 110,797
22,799,920 23,111,642
274 2018
( )
2018
( )
4. ( )
2018 2017
3,500,001 4,000,000 2 2
4,000,001 4,500,000 — —
4,500,001 5,000,000 1 1
5,000,001 5,500,000 2 1
5,500,001 6,000,000 — 1
5 5
5.
2018 2017
209,938,214 160,773,099
2018 2017
6.
2018 2017 2018 2017
12 31 12 31 12 31 12 31
30,448,688,235 28,675,010,591 18,543,134,076 18,188,453,187
37,223,097,530 28,793,593,015 17,755,661,974 11,901,647,765
(6,774,409,295) (118,582,424) 787,472,102 6,286,805,422
7.
2018 2017 2018 2017
12 31 12 31 12 31 12 31
112,879,303,842 89,315,263,550 62,219,598,738 59,268,990,975
37,223,097,530 28,793,593,015 17,755,661,974 11,901,647,765
75,656,206,312 60,521,670,535 44,463,936,764 47,367,343,210
2018 275
( )
2018
1.
2018 2017
— 159,100,091
944,410,158 994,007,531
944,410,158 1,153,107,622
2018 1 1
1 6
2018 2017
1 936,356,981 774,074,450
1 2 3,508,028 130,395,377
2 3 3,960,697 53,542,451
3 935,267 36,114,832
944,760,973 994,127,110
350,815 119,579
944,410,158 994,007,531
2018 119,579 291,236 — (60,000) 350,815
2017 122,345 — — (2,766) 119,579
276 2018
( )
2018
( )
1. ( )
( )
2018
(%) (%)
146,441 0.02 146,441 100
1 940,519,871 99.55 — —
2 4,094,661 0.43 204,374 4.99
944,760,973 100 350,815 0.04
2017
(%) (%)
953,003,016 95.86 — —
— — — —
41,124,094 4.14 119,579 0.29
994,127,110 100 119,579 0.01
2018
(%)
1 2,964,551 0.30 8,894
1 2 48,859 6.30 3,078
2 3 878,988 15.40 135,364
3 202,263 28.20 57,038
4,094,661 204,374
2018 291,236 2017 2018 2017
2018 60,000 2017 2,766
2018 277
( )
2018
( )
1. ( )
( )
2018 12 31
(%)
463,083,308 49.00 1 —
448,267,756 47.43 1 —
6,582,389 0.70 1 —
5,180,056 0.55 1 —
1 2
2 3
3,865,350 0.41 1 —
926,978,859 98.09 —
2017 12 31
(%)
531,796,884 53.49 1 —
1 2
2 3
3
421,208,252 42.37 1 —
1 2
10,000,000 1.01 1 —
6,000,000 0.60 1 —
4,421,156 0.44 1 —
1 2
973,426,292 97.91 —
278 2018
( )
2018
( )
2.
2018 2017
25,500,000 25,500,000
13,343,634,726 10,649,317,824
13,369,134,726 10,674,817,824
2018 2017
1 3,830,586,548 3,810,234,645
1 2 3,387,976,469 2,006,496,196
2 3 1,473,247,907 1,522,590,893
3 4,657,465,862 3,455,951,464
13,349,276,786 10,795,273,198
5,642,060 145,955,374
13,343,634,726 10,649,317,824
12
12
2018 1 1 — — — 145,955,374 145,955,374
2018 1 1
— — — — —
— — — — —
— — — — —
— — — — —
467,255 — — 211,847 679,102
— — — (140,992,416) (140,992,416)
— — — — —
— — — — —
— — — — —
467,255 — — 5,174,805 5,642,060
2018 279
( )
2018
( )
2. ( )
2017
(%) (%)
10,555,535,856 97.78 140,992,416 1.34
— — — —
239,737,342 2.22 4,962,958 2.07
10,795,273,198 100.00 145,955,374 1.35
2017 12 31
(%)
199,751,000 140,992,416 70.58
2018 211,847 2017 140,992,416 2017
2018 2017 32,614
2018 2017
12,821,643,792 10,185,477,368
4,491,076 210,217,675
105,500,000 50,000,000
90,885,846 65,999,709
40,500,724 43,686,602
43,565,093 25,278,996
39,861,576 13,718,114
5,365,757 1,366,790
197,462,922 199,527,944
13,349,276,786 10,795,273,198
5,642,060 145,955,374
13,343,634,726 10,649,317,824
280 2018
( )
2018
( )
2. ( )
2018 12 31
(%)
3,471,700,819 26.01 1 —
1 2
ZGC 772,656,639 5.79 1 2 —
2 3
3
666,579,108 4.99 1 —
1 2
2 3
663,026,890 4.97 1 —
1 2
502,346,619 3.76 2 3 —
3
6,076,310,075 45.52 —
2017 12 31
(%)
2,537,753,973 23.51 1 —
1 2
2 3
ZGC 1,171,182,006 10.85 1 —
1 2
2 3
3
1,115,716,503 10.34 1 —
1 2
2 3
3
670,991,277 6.22 1 —
1 2
3
614,838,037 5.70 1 —
1 2
2 3
3
6,110,481,796 56.62 —
2018 281
( )
2018
( )
3. 2017
2017
— — —
460,422,337 — 460,422,337
460,422,337 — 460,422,337
2017
(%)
89,900,000 — — 89,900,000 — — — — 10.00 16,800,000
25,000,000 — — 25,000,000 — — — — 8.62 —
19,850,000 — — 19,850,000 — — — — 5.77 700,000
50,000,000 — — 50,000,000 — — — — 20.00 —
— 196,761,400 — 196,761,400 — — — — 3.60 —
— 76,739,294 — 76,739,294 — — — — 16.67 —
— 2,171,643 — 2,171,643 — — — — 5.00 —
184,750,000 275,672,337 460,422,337 — — — — 17,500,000
4.
2018 2017
28,144,580,670 (449,676,935) 27,694,903,735 23,249,392,831 (286,919,351) 22,962,473,480
1,578,921,315 — 1,578,921,315 1,693,285,451 (162,757,584) 1,530,527,867
29,723,501,985 (449,676,935) 29,273,825,050 24,942,678,282 (449,676,935) 24,493,001,347
282 2018
( )
2018
( )
4. ( )
(i)
2017 2018
2017 1 1 12 31 12 31
2,120,647,343 105,102,200 — 2,225,749,543 — — 2,225,749,543 —
1,188,173,688 1,081,657 — 1,189,255,345 2,328,795 — 1,191,584,140 —
936,000,000 — — 936,000,000 — — 936,000,000 —
851,643,399 6,966,900,000 — 7,818,543,399 2,603,564,806 10,422,108,205 —
676,605,023 — — 676,605,023 137,822 — 676,742,845 —
475,000,000 — — 475,000,000 — — 475,000,000 —
397,061,613 — — 397,061,613 — — 397,061,613 —
370,533,787 306,131 — 370,839,918 — (28,064) 370,811,854 (43,019,351)
329,844,784 249,182,680 — 579,027,464 — — 579,027,464 —
1,127,869,475 — — 1,127,869,475 — — 1,127,869,475 —
1,255,188,882 65,014 — 1,255,253,896 197,504 — 1,255,451,400 —
306,000,000 — — 306,000,000 — — 306,000,000 —
300,000,000 200,000,000 — 500,000,000 — — 500,000,000 —
275,785,150 — — 275,785,150 — — 275,785,150 —
243,900,000 — — 243,900,000 — — 243,900,000 (243,900,000)
400,000,000 — — 400,000,000 200,000,000 — 600,000,000 —
888,396,686 482,500,000 — 1,370,896,686 918,405,246 — 2,289,301,932 —
139,189,081 — — 139,189,081 — — 139,189,081 —
46,359,375 911,615 — 47,270,990 15,126,015 — 62,397,005 —
146,222,366 — — 146,222,366 — — 146,222,366 —
142,501,896 — — 142,501,896 — (142,501,896) — —
139,335,849 — — 139,335,849 — — 139,335,849 —
129,880,000 — — 129,880,000 — — 129,880,000 —
127,284,118 — — 127,284,118 — — 127,284,118 —
105,000,000 — — 105,000,000 — — 105,000,000 —
86,830,000 — — 86,830,000 — — 86,830,000 —
87,787,471 — — 87,787,471 — — 87,787,471 —
53,550,000 — — 53,550,000 — — 53,550,000 —
50,000,000 — — 50,000,000 — — 50,000,000 —
50,000,000 — (50,000,000) — — — — —
46,000,000 — — 46,000,000 — — 46,000,000 —
43,460,000 — (43,460,000) — — — — —
30,674,252 39,623 — 30,713,875 1,219,643 — 31,933,518 —
25,500,000 — (25,500,000) — — — — —
25,500,000 42,446 — 25,542,446 320,470 — 25,862,916 —
24,000,000 — — 24,000,000 — — 24,000,000 —
20,000,000 — — 20,000,000 297,000,000 — 317,000,000 —
19,465,037 — — 19,465,037 964,250 — 20,429,287 —
51,539,700 — — 51,539,700 200,000,000 — 251,539,700 —
10,000,000 — — 10,000,000 — — 10,000,000 —
5,000,000 — — 5,000,000 — — 5,000,000 —
NKWE 3,272,490 — — 3,272,490 — — 3,272,490 —
1,561,220,000 — — 1,561,220,000 — — 1,561,220,000 —
50,000,000 — — 50,000,000 — (50,000,000) — —
— — — — 848,453,248 — 848,453,248 (162,757,584)
15,362,221,465 8,006,131,366 (118,960,000) 23,249,392,831 5,087,717,799 (192,529,960) 28,144,580,670 (449,676,935)
( )
4. ( )
(ii)
2018
886,068,902 — — 11,619,258 — — (20,750,000) — — 876,938,160 —
219,274,376 302,500,000 — 74,378,036 — — — — — 596,152,412 —
39,249,785 — — — — — — — — 39,249,785 —
335,697,308 164,700,000 — (16,011,644) — — — — (484,385,664) — —
49,464,994 — — 75,531,920 — — (66,500,000) — — 58,496,914 —
772,502 — — 289,095 — — — — — 1,061,597 —
— 7,022,447 — — — — — — 7,022,447 —
1,530,527,867 474,222,447 — 145,806,665 — — (87,250,000) — (484,385,664) 1,578,921,315 —
2017
787,738,206 83,000,000 — 30,270,696 — — (14,940,000) — 886,068,902 —
147,484,293 — — 71,790,083 — — — — 219,274,376 —
39,249,785 — — — — — — — 39,249,785 —
364,473,940 — — (28,776,632) — — — — 335,697,308 (162,757,584)
45,532,703 — — 15,036,594 — — (11,104,303) — 49,464,994 —
968,866 — — (196,364) — — — — 772,502 —
1,385,447,793 83,000,000 — 88,124,377 — — (26,044,303) — 1,530,527,867 (162,757,584)
2018
2018
(
)
283
284 2018
( )
2018
( )
5.
2018 2017
3,423,396,138 3,581,268,191
— —
3,423,396,138 3,581,268,191
2018
852,186,024 4,163,976,295 52,911,943 1,028,504,671 77,992,268 91,795,674 6,267,366,875
583,002 119,310,193 2,837 28,972,981 8,335,490 7,443,520 164,648,023
(21,095,915) 185,475,008 1,485,389 27,878,652 — — 193,743,134
(22,684,737) (16,294,304) (38,000) (15,442,293) (2,855,567) (2,334,479) (59,649,380)
808,988,374 4,452,467,192 54,362,169 1,069,914,011 83,472,191 96,904,715 6,566,108,652
221,297,615 1,794,565,309 29,440,169 506,302,092 66,159,747 65,891,620 2,683,656,552
39,994,083 356,340,769 2,265,954 92,267,791 6,288,856 6,132,346 503,289,799
(12,466,448) (16,294,304) (38,000) (12,839,794) (2,770,517) (2,218,934) (46,627,997)
248,825,250 2,134,611,774 31,668,123 585,730,089 69,678,086 69,805,032 3,140,318,354
— 285,118 13,157 2,142,225 — 1,632 2,442,132
— — — — — — —
— — — (47,972) — — (47,972)
— 285,118 13,157 2,094,253 — 1,632 2,394,160
560,163,124 2,317,570,300 22,680,889 482,089,669 13,794,105 27,098,051 3,423,396,138
630,888,409 2,369,125,868 23,458,617 520,060,354 11,832,521 25,902,422 3,581,268,191
2018 285
( )
2018
( )
5. ( )
2017
847,617,449 4,227,519,937 52,731,732 875,829,446 81,679,818 87,960,410 6,173,338,792
(3,142,635) 41,686,894 854,109 262,598,999 3,054,667 6,162,513 311,214,547
9,241,334 131,793,879 283,074 7,991,151 — — 149,309,438
(1,530,124) (237,024,415) (956,972) (117,914,925) (6,742,217) (2,327,249) (366,495,902)
852,186,024 4,163,976,295 52,911,943 1,028,504,671 77,992,268 91,795,674 6,267,366,875
179,063,275 1,609,430,400 27,917,147 506,971,149 63,162,898 61,251,085 2,447,795,954
43,547,697 317,577,094 2,039,629 83,644,948 8,987,275 6,460,852 462,257,495
(1,313,357) (132,442,185) (516,607) (84,314,005) (5,990,426) (1,820,317) (226,396,897)
221,297,615 1,794,565,309 29,440,169 506,302,092 66,159,747 65,891,620 2,683,656,552
— 285,118 13,157 2,591,429 — 1,632 2,891,336
— 1,369,242 — — — — 1,369,242
— (1,369,242) — (449,204) — — (1,818,446)
— 285,118 13,157 2,142,225 — 1,632 2,442,132
630,888,409 2,369,125,868 23,458,617 520,060,354 11,832,521 25,902,422 3,581,268,191
668,554,174 2,617,804,419 24,801,428 366,266,868 18,516,920 26,707,693 3,722,651,502
2018
269,402 (243,633) 25,769
11,043,772 (7,573,966) (230,634) 3,239,172
11,313,174 (7,817,599) (230,634) 3,264,941
286 2018
( )
2018
( )
5. ( )
( )
2017
523,412 (424,714) — 98,698
32,718 (20,364) — 12,354
9,561,652 (4,884,863) (177,994) 4,498,795
10,117,782 (5,329,941) (177,994) 4,609,847
2018 12 31
273,937,958
2017 12 31
136,464,325
6.
2018 2017
160,383,177 205,217,505
2,587,136 2,749,279
162,970,313 207,966,784
2018 2017
160,383,177 — 160,383,177 205,217,505 — 205,217,505
( )
6. ( )
2018
(%)
400,040,000 205,217,505 155,480,159 (193,448,435) (6,866,052) 160,383,177 88% 85% — —
— — 294,699 (294,699) — — — —
400,040,000 205,217,505 155,774,858 (193,743,134) (6,866,052) 160,383,177 — —
— —
205,217,505 160,383,177
2017
(%)
476,011,622 128,809,922 233,990,519 (148,850,498) (8,732,438) 205,217,505 76% 71% — —
— — 458,940 (458,940) — — — —
476,011,622 128,809,922 234,449,459 (149,309,438) (8,732,438) 205,217,505 — —
— —
128,809,922 205,217,505
2018 2017
2018 12 31 2017 12 31
2018
2018
(
)
287
288 2018
( )
2018
( )
7.
2018
388,144,802 93,955,477 31,329,847 513,430,126
— 6,519,901 336,636 6,856,537
— (5,927,843) — (5,927,843)
388,144,802 94,547,535 31,666,483 514,358,820
197,179,985 22,362,896 5,066,272 224,609,153
4,512,300 2,696,116 3,757,517 10,965,933
— (1,711,517) — (1,711,517)
201,692,285 23,347,495 8,823,789 233,863,569
— — — —
— — — —
— — — —
— — — —
186,452,517 71,200,040 22,842,694 280,495,251
190,964,817 71,592,581 26,263,575 288,820,973
2018 289
( )
2018
( )
7. ( )
2017
388,144,802 93,955,477 11,366,050 493,466,329
— — 19,963,797 19,963,797
— — — —
388,144,802 93,955,477 31,329,847 513,430,126
192,667,685 20,119,679 3,236,530 216,023,894
4,512,300 2,243,217 1,829,742 8,585,259
— — — —
197,179,985 22,362,896 5,066,272 224,609,153
— — —
— — — —
— — — —
— — — —
190,964,817 71,592,581 26,263,575 288,820,973
195,477,117 73,835,798 8,129,520 277,442,435
8.
2018
1 34,564,105 — (3,584,708) — 30,979,397
2 141,615,993 75,636,411 (46,091,488) — 171,160,916
176,180,098 75,636,411 (49,676,196) — 202,140,313
290 2018
( )
2018
( )
8. ( )
2017
1 38,046,166 5,928,141 (5,616,319) (3,793,883) 34,564,105
2 155,155,134 42,717,495 (53,265,115) (2,991,521) 141,615,993
193,201,300 48,645,636 (58,881,434) (6,785,404) 176,180,098
1 5-50
2 67,368,854 2017 12 31 45,683,368
10
9.
2018 2017
819,466,920 133,550,819
1 9,010,764,678 11,484,289,895
9,830,231,598 11,617,840,714
1 0 2017 12 31 130,900,000
8,987,844,885 2017 12 31 11,273,246,221
10.
2018
146,529,182 970,338 (140,992,416) (514,229) 5,992,875
3,731,641 3,575,729 — — 7,307,370
449,676,935 — — — 449,676,935
2,442,132 — — (47,972) 2,394,160
198,203,515 — — — 198,203,515
800,583,405 4,546,067 (140,992,416) (562,201) 663,574,855
2018 291
( )
2018
( )
10. ( )
2017
146,564,562 — — (35,380) 146,529,182
122,345 — — (2,766) 119,579
145,987,988 — — (32,614) 145,955,374
454,229 — — — 454,229
3,731,641 — — — 3,731,641
449,676,935 — — — 449,676,935
2,891,336 1,369,242 — (1,818,446) 2,442,132
45,000,000 153,203,515 — — 198,203,515
647,864,474 154,572,757 — (1,853,826) 800,583,405
11.
4
2018 12 31 2017 12 31 1
12.
2013 60 40
2014 17 2013 10 23 2014 9 5 2015 9
11 25 25 33 83
5 5.7% 5.5% 4.4%
2016 2 17 2016 3 18
20 5 3.37% 2016 3 18
30 5 3
2.99% 2019 2016 7 15
18 5 3
3.05% 2019
2016 7 15 12 5 3.45%
2018 10
3.5 5.282% 2019 4 18 4 18 10 18
2018 12 31 2017 12 31
292 2018
( )
2018
( )
13.
2018 2017
144,348,040 94,206,740
68,320,794 68,320,794
70,400,000 78,700,000
283,068,834 241,227,534
(8,300,000) (8,300,000)
274,768,834 232,927,534
*
2018 2017
1 8,300,000 8,300,000
1 2 62,100,000 84,200,000
2 5 — 21,700,000
5 212,668,834 127,027,534
283,068,834 241,227,534
14.
2018 2017
3,818,651,849 2,273,133,092 3,561,406,503 2,049,295,156
267,180,761 235,493,255 224,682,485 192,551,991
4,085,832,610 2,508,626,347 3,786,088,988 2,241,847,147
15.
2018 2017
1,206,285,681 1,187,819,033
543,570,513 429,725,273
662,715,168 686,351,538
— 71,742,222
960,508,815 984,241,991
(82,874,155) 53,032,423
25,663,976 23,848,300
188,566,687 280,457,765
2018 2017
2018 293
( )
2018
( )
16.
2018 2017
— 153,203,515
3,575,729 —
— 1,369,242
3,575,729 154,572,757
17.
2018 2017
1,859,667,441 1,123,004,520
145,806,665 88,124,377
— 321,722,854
1 (66,246,798) (82,550,470)
1,939,227,308 1,450,301,281
1 10,505,965 2017 30,700,011
110,155,781 2017 72,540,895
54,414,948 2017 20,690,436
18.
(1)
2018 2017
2,373,747,350 1,464,337,622
(140,022,078) —
3,575,729 154,572,757
503,289,799 462,257,495
10,965,933 8,585,259
49,676,196 58,881,434
(22,394,838) (15,455,106)
8,842,788 55,063,536
14,512,179 (66,289,913)
209,177,491 297,124,176
(1,940,061,808) (1,485,088,782)
51,521,549 96,939,265
33,025,372 27,599,589
400,528,978 229,762,060
228,222,773 26,065,093
(33,964,500) (15,903,092)
1,750,642,913 1,298,451,393
294 2018
( )
2018
( )
18. ( )
(1) ( )
2018 2017
2,305,622,601 1,841,597,980
1,841,597,980 1,765,445,387
820,712,582 1,554,442,193
1,554,442,193 746,290,026
(269,704,990) 884,304,760
(2)
2018 2017
2,305,622,601 1,841,597,980
156,635 241,059
2,305,465,966 1,841,356,921
820,712,582 1,554,442,193
3,126,335,183 3,396,040,173
19.
2018 2017
1 53,454,407 34,830,434
53,454,407 34,830,434
1 2018 12 31 53,454,407 2017
12 31 34,830,434
2018 295
( )
2018
1.
2018
4,093,773,630
53,907,034
(227,613,533)
(44,990,444)
1 (79,791,238)
(341,735,525)
(24,669,669)
(430,958,659)
(140,992,416)
(42,287,044)
2,814,642,136
220,092,858
3,034,734,994
26,515,531
3,061,250,525
[2008]43 1
1 54,489,584
25,301,654
296 2018
( )
2018
( )
2.
2018
(%)
4,093,773,630 11.54 11.70 0.18
3,061,250,525 8.72 8.83 0.13
2017
(%)
3,507,717,627 10.02 11.10 0.16
2,696,908,503 7.71 8.49 0.12
9
2010
2018 2017