年報 - Irasia.com
年報 - Irasia.com
年報 - Irasia.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
, BA, DFM, CA (Aus)<br />
<br />
, BSc<br />
<br />
, MSc, FHKIE<br />
<br />
<br />
, BSc<br />
, MA, LLL<br />
, BSc, MBA<br />
, BCom, MA<br />
<br />
<br />
, MSc, BSc<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
, BSE, MA, MA, EdM, Solicitor, FCIS, FCS(PE)<br />
<br />
<br />
<br />
<br />
<br />
, Member-CPPCC, GBS, ISO, JP<br />
, PhD, DBE, JP
2<br />
4<br />
6<br />
8<br />
10<br />
24<br />
26<br />
28<br />
30<br />
36<br />
37<br />
59<br />
69<br />
71<br />
72<br />
73<br />
75<br />
76<br />
77<br />
78<br />
138<br />
2 <br />
<br />
2 <br />
<br />
2 <br />
3 <br />
4 <br />
5 <br />
6 <br />
37 <br />
<br />
8 <br />
38 <br />
69 <br />
<br />
70 <br />
70 <br />
71 <br />
<br />
<br />
<br />
140 72
215<br />
<br />
<br />
3 <br />
HGC<br />
<br />
<br />
<br />
<br />
<br />
3 GSM3G<br />
<br />
140 3G 3G 3G<br />
<br />
<br />
3 GSM3G<br />
<br />
<br />
<br />
<br />
3G 3G <br />
• <br />
• <br />
2
IP<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• 3G<br />
<br />
<br />
• AMPS<br />
<br />
• <br />
<br />
• GSM<br />
• HGC<br />
<br />
• <br />
<br />
• NTT DoCoMo<br />
<br />
• GSM<br />
<br />
• BlackBerry<br />
<br />
<br />
• 3G <br />
• 3G GSM 3 <br />
• Inter-Autonomous<br />
SystemEthernet<br />
<br />
• 100Mbps <br />
<br />
• 3.6Mbps <br />
HSDPA<br />
• 3G <br />
<br />
• 3 3G <br />
• NTT DoCoMo<br />
i-mode TM <br />
<br />
• <br />
iPhone TM 3G<br />
• <br />
<br />
<br />
• Hong Kong Tele<strong>com</strong>munications (HKT) Limited<br />
50%Genius Brand<br />
Limited<br />
• <br />
<br />
• <br />
<br />
3
AV Awards<br />
<br />
AV Magazine<br />
<br />
<br />
<br />
The Best of The Best Awards<br />
<br />
Hi-Tech Weekly<br />
U! Choice <br />
<br />
<br />
<br />
<br />
<br />
Yahoo! <br />
<br />
<br />
Yahoo!<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
I.T. <br />
<br />
<br />
<br />
The Best of The Best<br />
Awards<br />
Hi-Tech Weekly<br />
U! Choice <br />
<br />
<br />
<br />
<br />
<br />
<br />
4
e- <br />
<br />
e-zone<br />
Hi-Tech<br />
<br />
Hi-Tech Weekly<br />
Hi-Tech<br />
<br />
Hi-Tech Weekly<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Hi-Tech<br />
<br />
Hi-Tech Weekly<br />
<br />
<br />
Capacity<br />
<br />
<br />
<br />
<br />
<br />
Euromoney<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Take me HOME<br />
<br />
5
0<br />
2,000<br />
4,000<br />
6,000<br />
8,000<br />
10,000<br />
0<br />
200 400 600 800 1,000<br />
2007<br />
7,249<br />
2007 546<br />
2008<br />
8,124<br />
2008<br />
508<br />
2009<br />
8,449<br />
2009<br />
787<br />
<br />
(EBITDA-CAPEX)<br />
0<br />
100 200 300 400 500<br />
0<br />
300<br />
600<br />
900<br />
1,200<br />
1,500<br />
2007 180<br />
2007<br />
950<br />
2008<br />
230<br />
2008<br />
790<br />
2009<br />
468<br />
2009<br />
1,040<br />
<br />
<br />
6
2009<br />
2008<br />
16%<br />
20%<br />
20,401<br />
38%<br />
15%<br />
23,725<br />
20,401<br />
26%<br />
23%<br />
45%<br />
17%<br />
<br />
<br />
<br />
<br />
<br />
2009<br />
2008<br />
7%<br />
20%<br />
26%<br />
47%<br />
22%<br />
9%<br />
43%<br />
26%<br />
<br />
<br />
<br />
<br />
7
4% 84.49 <br />
81.244.68 <br />
2.30 103%<br />
9.724.78<br />
<br />
<br />
4%<br />
76.62 <br />
76.16 <br />
7% 12.8813.90<br />
<br />
17% 1.84 <br />
2.23 <br />
16% 6,100 <br />
7,300 <br />
<br />
6.16 <br />
2.97 <br />
<br />
<br />
75% <br />
<br />
<br />
<br />
<br />
<br />
<br />
4.68 2.30 <br />
103%<br />
<br />
<br />
<br />
<br />
10% <br />
3 <br />
3G <br />
<br />
3 <br />
iPhone<br />
<br />
8
IP<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
9
3 <br />
3G <br />
<br />
<br />
170% <br />
<br />
10%<br />
3 <br />
<br />
iPhone<br />
<br />
iPhone<br />
3 <br />
<br />
50%<br />
3 <br />
iPhone<br />
<br />
<br />
• 3 Pro Shop<br />
<br />
• iPhone TM 3G <br />
<br />
10
300<br />
<br />
iPhone<br />
<br />
iPhone TM 3GS<br />
<br />
3 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Wi-Fi<br />
<br />
iPhone<br />
3Smart Club<br />
• 3 <br />
• iPhone TM 3GS<br />
11
• Planet 3<br />
15<br />
<br />
<br />
• <br />
KKBOX<br />
<br />
<br />
<br />
HSDPA<br />
<br />
<br />
3reedom USB<br />
USB<br />
<br />
USB<br />
<br />
<br />
<br />
<br />
<br />
<br />
EasyPlus<br />
HSDPA<br />
EasyPlus<br />
<br />
<br />
<br />
<br />
• 3 iPhone TM 3GS<br />
12
• 3reedom Yahoo! 3reedom USB<br />
50% <br />
<br />
<br />
KKBOX<br />
KKBOX<br />
iPhone Android<br />
KKBOX<br />
<br />
<br />
<br />
3G Planet3<br />
<br />
<br />
<br />
3 <br />
<br />
<br />
<br />
<br />
<br />
<br />
3<br />
<br />
<br />
<br />
3 <br />
INQSocialSocial<br />
UnlimitedBuddy Unlimited<br />
<br />
FacebookYouTubeSkypeWindows Live<br />
MessengerYahoo! Search 3g mail<br />
<br />
• INQ MobileINQ Mini 3G<br />
13
3Shop<br />
3 <br />
<br />
iPhone 3Smart Club<br />
<br />
iPhone <br />
• 3 <br />
Golf<br />
• 3 Visa <br />
3Everyday COMPASS VISA<br />
<br />
Visa<br />
3Everyday COMPASS VISA <br />
<br />
• <br />
14
• <br />
<br />
Visa PayWave<br />
Wi-Fi<br />
3G <br />
<br />
<br />
<br />
<br />
<br />
3G <br />
3G<br />
HSPA+<br />
42Mbps<br />
<br />
Hong Kong Tele<strong>com</strong>munications (HKT)<br />
Limited 50% Genius<br />
Brand Limited 4G <br />
Genius Brand Limited 30MHz <br />
LTE<br />
<br />
15
IP<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
<br />
• Conexus<br />
16
100 gigabits<br />
<br />
<br />
HutchConnect<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Conexus<br />
<br />
Conexus <br />
Conexus<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
17
3,000<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Talk Central<br />
<br />
<br />
<br />
Microsoft<br />
Exchange<br />
<br />
18
• <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
10Mbps 100Mbps <br />
<br />
(Terabit)<br />
<br />
19
3reedom<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
<br />
• <br />
20
• <br />
5,000<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
100Mbps <br />
<br />
<br />
<br />
<br />
<br />
50Mbps 100Mbps<br />
<br />
<br />
<br />
<br />
Wi-Fi<br />
<br />
21
• 100Mbps <br />
<br />
• 3.0 Shop <br />
<br />
Wi-Fi Wi-Fi<br />
Wi-Fi<br />
Wi-Fi<br />
<br />
<br />
3Shop <br />
<br />
3.0 <br />
<br />
<br />
<br />
GAMEON<br />
KKBOX<br />
<br />
<br />
• Wi-Fi<br />
22
• <br />
23
84.49 <br />
81.24 4%<br />
<br />
7.87 <br />
5.0855%<br />
<br />
<br />
<br />
<br />
<br />
8.28 7.58 <br />
5,200 2.00<br />
<br />
<br />
<br />
7% 12.88<br />
49.74 <br />
<br />
1.84 2.23 17<br />
<br />
<br />
1,600 1,100 <br />
6,100 <br />
7,300 <br />
<br />
4.68<br />
2.30 103%<br />
<br />
<br />
<br />
<br />
<br />
53.95 3% 55.78 <br />
3G <br />
140 12%<br />
300 <br />
190 60%<br />
<br />
<br />
iPhone<br />
<br />
10.02 14% <br />
11.38 <br />
<br />
4.13<br />
<br />
24
IDD<br />
IDD<br />
IDD<br />
<br />
<br />
<br />
30.35 32.21 6%<br />
<br />
<br />
<br />
9.954%10.31<br />
<br />
<br />
<br />
6.23 <br />
5.23<br />
<br />
<br />
<br />
<br />
3G4G <br />
<br />
<br />
<br />
<br />
<br />
25
<br />
<br />
<br />
AA-/Aa3<br />
<br />
<br />
/ A1/<br />
P1AA-/Aa3<br />
/ <br />
<br />
<br />
<br />
<br />
2.68<br />
2.7278%15%<br />
<br />
<br />
43.58 52.20 <br />
<br />
44%<br />
26
21.53 <br />
16.94 12.02 <br />
9.04 <br />
<br />
<br />
<br />
<br />
50,000 50,000 1 <br />
1 <br />
100 <br />
0.25 25 <br />
Hutchison Tele<strong>com</strong>munications International (Cayman)<br />
Holdings LimitedHTI Cayman 32 <br />
0.25 1 <br />
1 <br />
50,000 1 <br />
<br />
HTI Cayman<br />
<br />
HTI Cayman<br />
4,814,346,176 <br />
HTI Cayman124.18 <br />
<br />
<br />
<br />
12.04 112.14 <br />
<br />
<br />
<br />
<br />
<br />
10.35 11.08 <br />
<br />
<br />
<br />
6.37 5.12 <br />
1,600<br />
3,900 3G <br />
<br />
27
1,732<br />
6.44 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
<br />
• <br />
28
2009 <br />
<br />
<br />
<br />
<br />
<br />
<br />
3 <br />
<br />
EcoMate<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
3Shop<br />
• <br />
2009<br />
<br />
• <br />
<br />
• <br />
29
Hutchison<br />
Tele<strong>com</strong>munications (Australia)<br />
LimitedHTAL <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Ommaney Holdings Limited<br />
OHL<br />
OHL<br />
XV<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
HTI<br />
(1993) Holdings Limited <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
30
HTAL<br />
TOMTOM<br />
<br />
OHL <br />
Hutchison Tele<strong>com</strong>munications<br />
Investment Holdings Limited<br />
HTIHL<br />
XV <br />
<br />
<br />
<br />
<br />
<br />
<br />
TOM<br />
<br />
<br />
HTAL<br />
The<br />
Li Ka-Shing Unity Trust <br />
Li Ka-Shing Unity Trustee<br />
Company Limited The Li<br />
Ka-Shing Unity Discretionary<br />
Trust Li Ka-Shing Unity<br />
Trustee Corporation Limited<br />
<br />
Li Ka-Shing Unity Trustcorp<br />
LimitedOHL <br />
HTIHL <br />
<br />
XV<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
HTAL<br />
<br />
()<br />
<br />
31
32<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
TOM<br />
Worldsec<br />
Limited<br />
<br />
<br />
(A)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(GBS)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Advanced Management Program<br />
(AMP)Queen<br />
Elizabeth House<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Mars,<br />
Incorporated
Suntec<br />
Real Estate Investment Trust<br />
ARA Trust Management<br />
(Suntec) Limited <br />
ARA Asset Management<br />
(Singapore) Limited<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
33
University of Warwick <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
OHL<br />
<br />
<br />
Newport University<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
34
35
13.51(B) <br />
<br />
<br />
<br />
<br />
2<br />
<br />
<br />
<br />
Partner Communications Company Ltd. 1 <br />
Partner Communications Company Ltd. 1 <br />
864<br />
Partner Communications Company Ltd. 1 <br />
Partner Communications Company Ltd. 1 <br />
(A)<br />
<br />
<br />
<br />
<br />
<br />
Mars, Incorporated<br />
<br />
<br />
<br />
<br />
1. <br />
2. <br />
36
138 139 <br />
<br />
71 <br />
<br />
1.12 <br />
6.16 <br />
2.97 <br />
<br />
23<br />
<br />
30,000 <br />
<br />
13<br />
<br />
22<br />
37
83(3)<br />
<br />
84(1)<br />
3.13 <br />
<br />
30 33 <br />
<br />
<br />
<br />
<br />
<br />
<br />
38
75.9% 25 <br />
193.76 25 <br />
25<br />
<br />
<br />
25<br />
<br />
25<br />
25<br />
7.155<br />
<br />
<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
39
(ii)<br />
<br />
IDD<br />
<br />
<br />
<br />
<br />
<br />
<br />
(iii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
(iv) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
40
(v)<br />
NTT DoCoMo, Inc.DoCoMoDoCoMo<br />
<br />
DoCoMo<br />
DoCoMo<br />
<br />
<br />
<br />
<br />
DoCoMo<br />
DoCoMoDoCoMo<br />
<br />
(vi) <br />
A. S. Watson Group (HK) Limited Hutchison 3G Services (HK) Limited<br />
H3GSHK H3GSHK<br />
H3GSHK3G <br />
H3GSHK<br />
<br />
<br />
<br />
<br />
(vii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
41
(viii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(ix) <br />
3G <br />
3G <br />
3G <br />
<br />
<br />
<br />
<br />
<br />
42
(x)<br />
<br />
<br />
IDDIPLCIDDIPLC<br />
<br />
<br />
<br />
(xi) <br />
<br />
<br />
<br />
<br />
<br />
(xii) <br />
Videofone Company LimitedVideofone<br />
Videofone<br />
Videofone<br />
Videofone<br />
<br />
Videofone<br />
<br />
(xiii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
43
(xiv) <br />
<br />
<br />
(a)<br />
(b)<br />
(c)<br />
(d)<br />
(e)<br />
bigboXX.<strong>com</strong> Limited<br />
<br />
<br />
Hutchison-Priceline (Travel) Limited Hutchison-Priceline (Travel)<br />
Limited<br />
Vanda IT Solutions & Systems Management Limited <br />
Vanda Vanda <br />
<br />
<br />
<br />
<br />
bigboXX.<strong>com</strong> LimitedHutchison-Priceline (Travel) LimitedVanda<br />
(a) (d)<br />
(e)<br />
VandabigboXX.<strong>com</strong> LimitedHutchison-Priceline (Travel) Limited<br />
<br />
(xv) <br />
<br />
50% <br />
50% <br />
50% <br />
50%<br />
<br />
<br />
(a)<br />
(i)(ii)(iii)(iv)(v)<br />
IDD(vi)<br />
(vii)<br />
44
(viii)(ix)<br />
(x)(xi)<br />
<br />
(b)<br />
(i)(ii) IDD <br />
(iii)<br />
(iv) (v)<br />
50% <br />
50% <br />
<br />
(xvi) <br />
<br />
50% <br />
50% <br />
50%<br />
<br />
<br />
(a)<br />
(b)<br />
(i)(ii)(iii)<br />
<br />
(i)<br />
(ii)IDD(iii)<br />
<br />
(iv) (v)<br />
50%<br />
50% <br />
<br />
45
(xvii) <br />
<br />
50% <br />
50% <br />
50% <br />
<br />
<br />
(a)<br />
(b)<br />
(i) IDD(ii)(iii)(iv)<br />
(v)<br />
<br />
(i)IDD(ii)<br />
(iii)<br />
<br />
50% <br />
50% <br />
<br />
(xviii) H3G Procurement Services S.à r.l.<br />
H3G Procurement Services S.à r.l.H3G Procurement<br />
3G H3G Procurement<br />
H3G Procurement<br />
H3G Procurement<br />
H3G Procurement<br />
<br />
H3G Procurement<br />
<br />
46
(xix) <br />
<br />
7.1 55 <br />
<br />
<br />
<br />
<br />
<br />
14A <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(A) (i) 19<br />
(B) (xv)(ii)<br />
(iv)(v)<br />
(viii) (x)<br />
(xiii) (xiv)<br />
<br />
(a) <br />
(b) <br />
(a) 115<br />
(b) 108<br />
(C)<br />
(xvi)(iii)<br />
(v)<br />
(xi)<br />
(a) <br />
(b) <br />
(a) 7<br />
(b) 35<br />
47
(D) (xvii)(iv)<br />
(xii)(xiii)<br />
(xiv)<br />
<br />
(a) <br />
(b) <br />
(a) 15<br />
(b) 58<br />
(E)<br />
(v) DoCoMo<br />
(a) <br />
(b) DoCoMo<br />
(a) <br />
(b) 19<br />
(F) (vi) 30<br />
(G) (vii) 19<br />
(H) (ix) 14<br />
(I)<br />
(xviii) H3G Procurement<br />
(a) <br />
(b) <br />
(a) 8<br />
(b) 12<br />
(J) (xix) <br />
(i)(ii)<br />
<br />
(iii) <br />
(i)(ii)<br />
(iii)(iv)<br />
<br />
33(b)<br />
(c)<br />
<br />
<br />
14A <br />
48
XV XV 7 8 <br />
<br />
352 <br />
<br />
(I)<br />
<br />
<br />
<br />
<br />
<br />
<br />
1,202,380 – 0.0250%<br />
1<br />
9,100,000 – 0.1890%<br />
2,666,667 – 0.0554%<br />
250,000 – 0.0052%<br />
– 255,000 0.0053%<br />
2<br />
<br />
1. <br />
2. 17,000 15 <br />
49
(II)<br />
<br />
<br />
<br />
(i)<br />
(ii)<br />
4,810,875 0.113%<br />
5,100,000 Hutchison Tele<strong>com</strong>munications (Australia) LimitedHTAL HTAL<br />
0.038% 4,100,000 1,000,000 <br />
(iii) 5,000,000 0.056%<br />
(iv)<br />
(v)<br />
1,202,380 0.025%<br />
(a) Hutchison Whampoa International (03/13) Limited1,216,000 6.50% <br />
(b) Hutchison Whampoa International (09) Limited 4,000,000 <br />
7.625% (c) Hutchison Whampoa International (09/19) Limited<br />
4,000,000 5.75% <br />
<br />
<br />
9,100,000<br />
0.189%<br />
(i) 22,000<br />
0.0005% (ii) 2,666,667 <br />
0.055%<br />
(i)150,000 <br />
0.004%(ii)250,000 <br />
0.005%<br />
(i)50,000 <br />
0.001%(ii)1,000,000 HTALHTAL0.007%(iii)17,000<br />
15 0.005%<br />
50,000 <br />
0.001%<br />
20,000 <br />
0.0005%<br />
50
XVXV7 8 <br />
<br />
352 <br />
<br />
<br />
XV 2 3 <br />
336 <br />
(I)<br />
<br />
<br />
<br />
<br />
<br />
Hutchison Tele<strong>com</strong>munications (i) 2,619,929,104 <br />
Investment Holdings Limited<br />
1<br />
HTIHL (ii) 394,063,149 62.60%<br />
1<br />
Hutchison Tele<strong>com</strong>munications 3,013,992,253 62.60%<br />
Group Holdings Limited HTGHL 1<br />
Ommaney Holdings Limited 3,013,992,253 62.60%<br />
OHL 1<br />
3,013,992,253 62.60%<br />
1<br />
3,013,992,253 62.60%<br />
1<br />
3,066,084,840 63.68%<br />
2<br />
Li Ka-Shing Unity Trustee 3,066,084,840 63.68%<br />
Company LimitedTUT1 3<br />
Li Ka-Shing Unity Trustee 3,066,084,840 63.68%<br />
Corporation LimitedTDT1 4<br />
Li Ka-Shing Unity 3,066,084,840 63.68%<br />
Trustcorp LimitedTDT2 4<br />
51
(i) 3,066,238,120 <br />
<br />
5<br />
(ii) 266,621,499 69.22%<br />
6<br />
Mayspin Managemert 266,621,499 5.53%<br />
Limited Mayspin 7<br />
Yuda Limited Yuda 266,375,953 5.53%<br />
8<br />
(II)<br />
<br />
<br />
<br />
<br />
<br />
T. Rowe Price Associates, Inc. 386,090,000 8.02%<br />
<br />
<br />
1. HTIHL HTGHLHTGHL OHLOHL<br />
OHL HTGHLHTIHL2,619,929,104HTIHL394,063,149<br />
<br />
2. OHLHTGHL HTIHL<br />
<br />
3. TUT1 The Li Ka-Shing Unity TrustUT1 TUT1 UT1 <br />
TUT1 UT1 TUT1 UT1 <br />
OHLHTGHLHTIHL<br />
<br />
4. TDT1DT1 TDT2DT2 UT1 UT1<br />
TDT1 DT1 TDT2 DT2OHLHTGHL HTIHL<br />
<br />
5. DT1DT2DT3 DT4 DT1DT2DT3 DT4<br />
TUT1TDT1TDT2Li Ka-Shing Castle Trustee Company LimitedTUT3The Li Ka-Shing Castle TrustUT3Li Ka-Shing Castle<br />
Trustee Corporation Limited DT3 Li Ka-Shing Castle Trustcorp Limited DT4 <br />
OHLHTGHLHTIHL<br />
TUT3 UT3 <br />
52
6. <br />
7. Mayspin 6 <br />
8. YudaMayspinMayspin6<br />
<br />
XV2 3 <br />
336 <br />
<br />
<br />
<br />
<br />
8.10(2) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
PLDT MVNO<br />
<br />
PLDT Global CorporationPLDT Italy S.r.l.<br />
<br />
53
0.25 <br />
(a)<br />
(b)<br />
(c)<br />
(d)<br />
(e)<br />
(f)<br />
(g)<br />
(h)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
54
(a)<br />
(b)<br />
(c)<br />
(d)<br />
<br />
30%<br />
<br />
<br />
10% 4,814,346,208 <br />
481,434,620 <br />
481,434,620 10%<br />
(a)(d)<br />
<br />
<br />
10%<br />
<br />
(a)(c)<br />
<br />
(c)<br />
<br />
1%<br />
<br />
<br />
17.03(9) (1)<br />
<br />
<br />
<br />
<br />
<br />
<br />
55
(i)<br />
(ii)<br />
(iii)<br />
1.00 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(1) (2) (3) <br />
<br />
4,750,000 4,750,000 1.00 0.96 <br />
<br />
<br />
<br />
<br />
<br />
4,750,000 4,750,000<br />
<br />
1. <br />
<br />
2. <br />
3. <br />
56
4,750,000 0.10%<br />
- 0.27 <br />
49%5.9%1.65%<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
30%<br />
<br />
<br />
20%<br />
43%<br />
<br />
(a)<br />
(b)<br />
46,762 <br />
36,726,857 <br />
5%<br />
57
30.3% <br />
<br />
<br />
<br />
<br />
<br />
<br />
58
30 33 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
59
94%<br />
<br />
<br />
4/4<br />
4/4<br />
4/4<br />
3/4<br />
3/4<br />
4/4<br />
4/4<br />
4/4<br />
4/4<br />
60
(www.hthkh.<strong>com</strong>) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
61
69 70 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
62
100%<br />
<br />
<br />
3/3<br />
3/3<br />
3/3<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
• <br />
63
• <br />
<br />
<br />
• <br />
<br />
• <br />
<br />
• <br />
8<br />
1,900 <br />
800 42%<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
64
65
Watson Wyatt <br />
<br />
<br />
<br />
<br />
66
(1) (3) (6) 0.07 – – – – 0.07<br />
(1) (3) 0.06 – – – – 0.06<br />
(3) 0.06 2.74 5.64 0.20 – 8.64<br />
(1) 0.06 – – – – 0.06<br />
(1) (3) 0.06 – – – – 0.06<br />
(1) (3) 0.06 – – – – 0.06<br />
(2) (4) (5) (6) 0.12 – – – – 0.12<br />
(2) (4) (5) (6) 0.12 – – – – 0.12<br />
(2) (4) (5) 0.10 – – – – 0.10<br />
(7) – – – – – –<br />
(7) – – – – – –<br />
(7) – – – – – –<br />
(7) – – – – – –<br />
0.71 2.74 5.64 0.20 – 9.29<br />
<br />
(1) <br />
(2) <br />
(3) <br />
(4) <br />
(5) <br />
(6) <br />
(7) <br />
<br />
<br />
<br />
<br />
67
ir@hthkh.<strong>com</strong> <br />
<br />
28 29 <br />
<br />
<br />
<br />
<br />
68
71 139 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
69
70
5 8,449 8,124<br />
(756) (698)<br />
7 (644) (630)<br />
(1,288) (1,390)<br />
8 (4,974) (4,898)<br />
787 508<br />
9 4 17<br />
9 (184) (223)<br />
18 (16) (11)<br />
591 291<br />
10 (61) (73)<br />
530 218<br />
<br />
468 230<br />
62 (12)<br />
530 218<br />
:<br />
11 9.72 4.78<br />
11 9.72 4.78<br />
12<br />
71
530 218<br />
<br />
43 (97)<br />
573 121<br />
<br />
510 134<br />
63 (13)<br />
573 121<br />
<br />
72
13 9,436 9,557 9,695<br />
14 4,503 4,503 3,813<br />
15 336 385 435<br />
16 1,328 1,377 1,876<br />
17 368 368 368<br />
18 270 88 –<br />
16,241 16,278 16,187<br />
<br />
19 268 272 275<br />
20 1,085 1,137 1,493<br />
21 160 181 164<br />
1,513 1,590 1,932<br />
17,754 17,868 18,119<br />
<br />
<br />
22 1,204 – –<br />
23 8,689 (2,949) (3,083)<br />
9,893 (2,949) (3,083)<br />
(549) (612) (719)<br />
9,344 (3,561) (3,802)<br />
73
17 134 80 16<br />
24 4,358 – –<br />
25 595 641 561<br />
5,087 721 577<br />
<br />
26 3,317 3,062 2,905<br />
33(c) – 12,418 13,743<br />
24 – 5,220 4,688<br />
6 8 8<br />
3,323 20,708 21,344<br />
8,410 21,429 21,921<br />
17,754 17,868 18,119<br />
(1,810) (19,118) (19,412)<br />
14,431 (2,840) (3,225)<br />
<br />
<br />
<br />
<br />
<br />
74
31 3,871 3,871<br />
3,871 3,871<br />
<br />
33(c) 8,896 8,672<br />
2 –<br />
1 –<br />
8,899 8,672<br />
12,770 12,543<br />
<br />
<br />
22 1,204 –<br />
23 11,487 –<br />
12,691 –<br />
<br />
<br />
2 –<br />
33(c) 77 12,543<br />
79 12,543<br />
12,770 12,543<br />
8,820 (3,871)<br />
12,691 –<br />
<br />
<br />
<br />
<br />
<br />
75
– – (2,329) 1 (83) – 17 (2,394) (443) (2,837)<br />
( 2(b)) – – (555) – – – – (555) (169) (724)<br />
– – (2,884) 1 (83) – 17 (2,949) (612) (3,561)<br />
– – 468 – – – – 468 62 530<br />
22(b) 1,204 11,214 – – – – – 12,418 – 12,418<br />
– (33) – – – – – (33) – (33)<br />
( 12) – – (54) – – – – (54) – (54)<br />
– – – – 42 – – 42 1 43<br />
<br />
– – – – – 1 – 1 – 1<br />
1,204 11,181 (2,470) 1 (41) 1 17 9,893 (549) 9,344<br />
– – (2,759) 1 13 – 17 (2,728) (581) (3,309)<br />
( 2(b)) – – (355) – – – – (355) (138) (493)<br />
– – (3,114) 1 13 – 17 (3,083) (719) (3,802)<br />
– – 230 – – – – 230 (12) 218<br />
– – – – – – – – 120 120<br />
– – – – (96) – – (96) (1) (97)<br />
<br />
– – (2,884) 1 (83) – 17 (2,949) (612) (3,561)<br />
<br />
76
27(a) 2,263 1,850<br />
(101) (147)<br />
(9) (9)<br />
2,153 1,694<br />
<br />
(1,035) (1,108)<br />
(51) (81)<br />
3 9<br />
– (570)<br />
(194) (99)<br />
– 452<br />
– 551<br />
20(c) 75 (75)<br />
– 17<br />
(1,202) (904)<br />
<br />
27(b) 9,462 5,650<br />
27(b) (10,330) (5,118)<br />
– (1,325)<br />
(33) –<br />
12 (54) –<br />
(955) (793)<br />
(4) (3)<br />
272 275<br />
268 272<br />
<br />
77
1 <br />
<br />
Scotia Centre, 4th Floor, P.O. Box 2804, George Town, Grand Cayman KY1-1112, Cayman Islands<br />
<br />
<br />
15 <br />
<br />
2 <br />
<br />
(a)<br />
<br />
<br />
<br />
4 <br />
<br />
18.10 <br />
50<br />
<br />
<br />
78
2 <br />
(b)<br />
<br />
<br />
<br />
<br />
1 <br />
23 <br />
2 <br />
7 <br />
1 <br />
27 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
79
2 <br />
(b)<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
9,695 – 9,695<br />
3,813 – 3,813<br />
935 (500) 435<br />
1,876 – 1,876<br />
368 – 368<br />
16,687 (500) 16,187<br />
<br />
275 – 275<br />
1,493 – 1,493<br />
164 – 164<br />
1,932 – 1,932<br />
18,619 (500) 18,119<br />
<br />
<br />
– – –<br />
(2,728) (355) (3,083)<br />
(2,728) (355) (3,083)<br />
(581) (138) (719)<br />
(3,309) (493) (3,802)<br />
80
2 <br />
(b)<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
23 (7) 16<br />
561 – 561<br />
584 (7) 577<br />
<br />
2,905 – 2,905<br />
13,743 – 13,743<br />
4,688 – 4,688<br />
8 – 8<br />
21,344 – 21,344<br />
21,928 (7) 21,921<br />
18,619 (500) 18,119<br />
(19,412) – (19,412)<br />
(2,725) (500) (3,225)<br />
81
2 <br />
(b)<br />
<br />
(ii)<br />
<br />
<br />
<br />
<br />
<br />
8,124 – 8,124<br />
(698) – (698)<br />
(630) – (630)<br />
(1,987) 597 (1,390)<br />
(4,043) (855) (4,898)<br />
766 (258) 508<br />
17 – 17<br />
(223) – (223)<br />
(11) – (11)<br />
549 (258) 291<br />
(75) 2 (73)<br />
474 (256) 218<br />
<br />
430 (200) 230<br />
44 (56) (12)<br />
474 (256) 218<br />
<br />
:<br />
8.93 (4.15) 4.78<br />
8.93 (4.15) 4.78<br />
82
2 <br />
(b)<br />
<br />
(iii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
9,557 – 9,557<br />
4,478 25 4,503<br />
1,143 (758) 385<br />
1,377 – 1,377<br />
368 – 368<br />
88 – 88<br />
17,011 (733) 16,278<br />
<br />
272 – 272<br />
1,137 – 1,137<br />
181 – 181<br />
1,590 – 1,590<br />
18,601 (733) 17,868<br />
<br />
<br />
<br />
– – –<br />
(2,394) (555) (2,949)<br />
(2,394) (555) (2,949)<br />
(443) (169) (612)<br />
(2,837) (724) (3,561)<br />
83
2 <br />
(b)<br />
<br />
(iii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
88 (8) 80<br />
641 – 641<br />
729 (8) 721<br />
<br />
3,062 – 3,062<br />
12,418 – 12,418<br />
5,220 – 5,220<br />
9 (1) 8<br />
20,709 (1) 20,708<br />
21,438 (9) 21,429<br />
18,601 (733) 17,868<br />
(19,119) 1 (19,118)<br />
(2,108) (732) (2,840)<br />
84
2 <br />
(b)<br />
<br />
(iv)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
–<br />
–<br />
–<br />
725<br />
(795)<br />
(70)<br />
–<br />
–<br />
–<br />
(70)<br />
3<br />
(67)<br />
<br />
(52)<br />
(15)<br />
(67)<br />
<br />
(1.08)<br />
(1.08)<br />
85
2 <br />
(b)<br />
<br />
(v)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
–<br />
25<br />
(828)<br />
–<br />
–<br />
–<br />
(803)<br />
<br />
–<br />
–<br />
–<br />
–<br />
(803)<br />
<br />
<br />
–<br />
(607)<br />
(607)<br />
(184)<br />
(791)<br />
86
2 <br />
(b)<br />
<br />
(v)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(9)<br />
–<br />
(9)<br />
<br />
–<br />
–<br />
–<br />
(3)<br />
(3)<br />
(12)<br />
(803)<br />
3<br />
(800)<br />
87
2 <br />
(c)<br />
<br />
<br />
<br />
(1)<br />
1 (1)<br />
24 (2)<br />
27 (1)<br />
38 (1)<br />
2 (1)<br />
3 (1)<br />
5 (1)<br />
9 (3)<br />
17 (1)<br />
19 (2)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(1)<br />
<br />
(2)<br />
<br />
(3)<br />
<br />
<br />
(d)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
2(k)<br />
<br />
88
2 <br />
(d)<br />
<br />
<br />
<br />
2(m)<br />
<br />
(e)<br />
<br />
<br />
<br />
<br />
(f)<br />
<br />
<br />
<br />
<br />
<br />
(g)<br />
<br />
<br />
<br />
89
2 <br />
(h)<br />
<br />
(i)<br />
<br />
<br />
<br />
(ii)<br />
<br />
<br />
<br />
(iii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
90
2 <br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
15%<br />
<br />
<br />
<br />
<br />
<br />
2(m)<br />
<br />
(j)<br />
<br />
<br />
<br />
<br />
<br />
91
2 <br />
(k)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(l)<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
(ii)<br />
<br />
<br />
<br />
92
2 <br />
(m) <br />
<br />
<br />
<br />
<br />
<br />
(n)<br />
<br />
<br />
<br />
(i)<br />
<br />
<br />
<br />
(ii)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
93
2 <br />
(n)<br />
<br />
(iii) <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(o)<br />
<br />
<br />
<br />
(p)<br />
<br />
<br />
<br />
(q)<br />
<br />
2(n)(iii)<br />
(r)<br />
<br />
<br />
94
2 <br />
(s)<br />
<br />
<br />
<br />
2(i)<br />
<br />
(t)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(u)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
95
2 <br />
(v)<br />
<br />
<br />
(w) <br />
<br />
<br />
<br />
<br />
<br />
(x)<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
96
2 <br />
(x)<br />
<br />
(ii)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(iii) <br />
<br />
<br />
(y)<br />
<br />
<br />
(i)<br />
(ii)<br />
<br />
<br />
(iii) <br />
3 <br />
(a)<br />
<br />
<br />
<br />
<br />
97
3 <br />
(a)<br />
<br />
(i)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
309 145<br />
36 35<br />
345 180<br />
10% <br />
<br />
<br />
<br />
<br />
<br />
26 12<br />
3 3<br />
29 15<br />
10% <br />
<br />
98
3 <br />
(a)<br />
<br />
(ii)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
24 (4,358) (5,220)<br />
235 272<br />
20(c) – 75<br />
264 –<br />
(3,859) (4,873)<br />
24 <br />
100 <br />
3,2004,100<br />
<br />
<br />
<br />
<br />
100 <br />
99
3 <br />
(a)<br />
<br />
(iii) <br />
<br />
<br />
AA-Aa3<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
19 268 272<br />
20 916 908<br />
20(c) – 75<br />
1,184 1,255<br />
100
3 <br />
(a)<br />
<br />
(iv)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
24 4,358 4,358 – 4,380 – – 4,380 –<br />
26 320 320 – 320 320 – – –<br />
<br />
26 2,916 637 2,279 637 637 – – –<br />
25 26 531 531 – 846 91 101 362 292<br />
8,125 5,846 2,279 6,183 1,048 101 4,742 292<br />
<br />
<br />
<br />
<br />
<br />
24 5,220 5,220 – 5,220 5,220 – – –<br />
26 385 385 – 385 385 – – –<br />
<br />
26 2,605 464 2,141 464 464 – – –<br />
33(c) 12,418 12,418 – 12,418 12,418 – – –<br />
25 26 546 546 – 927 81 91 332 423<br />
21,174 19,033 2,141 19,414 18,568 91 332 423<br />
101
3 <br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
(c)<br />
<br />
<br />
<br />
4 <br />
<br />
<br />
(a)<br />
<br />
<br />
<br />
(i)<br />
<br />
<br />
86.07 88.37 <br />
89.26 <br />
102
4 <br />
(a)<br />
<br />
(ii)<br />
<br />
<br />
<br />
<br />
<br />
(iii) <br />
(i)<br />
(ii) (iii)<br />
<br />
<br />
<br />
<br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
3.68 3.68 <br />
103
5 <br />
<br />
<br />
<br />
<br />
<br />
4,772 4,680<br />
2,875 2,729<br />
802 715<br />
8,449 8,124<br />
6 <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
5,578 3,221 – (350) 8,449<br />
(4,440) (2,190) (93) 349 (6,374)<br />
(655) (633) – – (1,288)<br />
483 398 (93) (1) 787<br />
6,990 11,097 12,770 (13,103) 17,754<br />
(12,151) (5,409) (79) 9,229 (8,410)<br />
<br />
413 623 – (1) 1,035<br />
104
6 <br />
<br />
<br />
<br />
<br />
5,395 3,035 – (306) 8,124<br />
(4,393) (2,040) (99) 306 (6,226)<br />
(757) (633) – – (1,390)<br />
245 362 (99) – 508<br />
7,273 10,798 12,543 (12,746) 17,868<br />
(12,719) (5,042) (12,543) 8,875 (21,429)<br />
<br />
585 523 – – 1,108<br />
80.49 <br />
77.07 4.00 <br />
4.17 <br />
156.34 <br />
156.75 2.39 <br />
2.35 <br />
7 <br />
<br />
<br />
<br />
<br />
611 601<br />
2 6<br />
<br />
30(a) 20 12<br />
10 11<br />
1 –<br />
644 630<br />
105
7 <br />
(a)<br />
<br />
<br />
<br />
<br />
<br />
<br />
i 0.07 – – – 0.07<br />
i 0.06 – – – 0.06<br />
i 0.06 2.74 5.64 0.20 8.64<br />
0.06 – – – 0.06<br />
i 0.06 – – – 0.06<br />
i 0.06 – – – 0.06<br />
ii 0.12 – – – 0.12<br />
ii 0.12 – – – 0.12<br />
ii 0.10 – – – 0.10<br />
iii – – – – –<br />
iii – – – – –<br />
iii – – – – –<br />
iii – – – – –<br />
0.71 2.74 5.64 0.20 9.29<br />
<br />
(i)<br />
(ii)<br />
(iii)<br />
<br />
<br />
<br />
<br />
<br />
<br />
106
7 <br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
1 –<br />
4 5<br />
<br />
<br />
<br />
<br />
<br />
11 11<br />
13 12<br />
1 1<br />
25 24<br />
<br />
<br />
<br />
<br />
<br />
3,000,001 – 3,500,000 3 3<br />
4,000,001 – 4,500,000 1 1<br />
10,000,001 – 10,500,000 1 1<br />
<br />
<br />
107
8 <br />
<br />
<br />
<br />
<br />
<br />
3,535 3,596<br />
327 329<br />
<br />
410 414<br />
585 451<br />
18 6<br />
11 14<br />
88 88<br />
4,974 4,898<br />
9 <br />
<br />
<br />
<br />
<br />
<br />
– 17<br />
4 –<br />
4 17<br />
<br />
(61) (135)<br />
(77) (76)<br />
(46) (12)<br />
(184) (223)<br />
(180) (206)<br />
<br />
<br />
<br />
108
10 <br />
<br />
<br />
<br />
<br />
– 54 54 – 64 64<br />
7 – 7 9 – 9<br />
7 54 61 9 64 73<br />
16.5%16.5%<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
591 291<br />
82 60<br />
(12) (14)<br />
12 1<br />
2 –<br />
(59) (52)<br />
(1) –<br />
(30) (27)<br />
67 85<br />
– 19<br />
– 1<br />
61 73<br />
109
11 <br />
4.68 2.30 Hutchison<br />
Tele<strong>com</strong>munications International (Cayman) Holdings LimitedHTI Cayman<br />
4,814,346,208 22 <br />
<br />
<br />
4,814,346,208 <br />
526,818 <br />
12 <br />
<br />
<br />
<br />
<br />
1.12 54 –<br />
6.16 297 –<br />
351 –<br />
13 <br />
<br />
<br />
<br />
<br />
<br />
<br />
78 16,750 191 2,481 19,500<br />
– 596 284 101 981<br />
(11) (56) (1) (12) (80)<br />
– 102 (119) 17 –<br />
67 17,392 355 2,587 20,401<br />
<br />
18 7,508 – 2,026 9,552<br />
2 998 – 210 1,210<br />
(4) (40) – (12) (56)<br />
16 8,466 – 2,224 10,706<br />
<br />
51 8,926 355 363 9,695<br />
110
13 <br />
<br />
<br />
<br />
<br />
<br />
67 17,392 355 2,587 20,401<br />
– 729 282 97 1,108<br />
– (333) (5) (20) (358)<br />
– 208 (237) 29 –<br />
67 17,996 395 2,693 21,151<br />
<br />
16 8,466 – 2,224 10,706<br />
2 1,017 – 212 1,231<br />
– (324) – (19) (343)<br />
18 9,159 – 2,417 11,594<br />
<br />
49 8,837 395 276 9,557<br />
<br />
<br />
<br />
<br />
<br />
67 17,996 395 2,693 21,151<br />
– 606 361 68 1,035<br />
– (2,248) – (18) (2,266)<br />
– 178 (225) 47 –<br />
67 16,532 531 2,790 19,920<br />
<br />
18 9,159 – 2,417 11,594<br />
2 994 – 139 1,135<br />
– (2,228) – (17) (2,245)<br />
20 7,925 – 2,539 10,484<br />
<br />
47 8,607 531 251 9,436<br />
111
13 <br />
<br />
<br />
<br />
<br />
<br />
– – 3,223<br />
– – (2,891)<br />
– – 332<br />
– – 126<br />
– – –<br />
14 <br />
<br />
<br />
<br />
4,503 3,813 3,813<br />
– 690 –<br />
4,503 4,503 3,813<br />
– – –<br />
NEC Corporation Pilot Gateway Limited<br />
Hutchison 3G HK Holdings LimitedH3GHL 5%<br />
H3GHL 70.9% 75.9% 6.90 <br />
112
14 <br />
<br />
<br />
<br />
<br />
<br />
<br />
2,155 2,155 1,465<br />
2,348 2,348 2,348<br />
4,503 4,503 3,813<br />
<br />
<br />
<br />
(i)<br />
(ii)<br />
EBITDA<br />
EBITDA <br />
EBITDA<br />
<br />
(iii) <br />
<br />
<br />
7.1% 7.4% 9.5%<br />
7.5% 7.5% 9.5%<br />
<br />
2(m)<br />
4(a)(iii)<br />
<br />
113
15 <br />
<br />
<br />
<br />
<br />
616 12 628<br />
(142) (1) (143)<br />
474 11 485<br />
<br />
474 11 485<br />
(49) (1) (50)<br />
425 10 435<br />
<br />
616 12 628<br />
(191) (2) (193)<br />
425 10 435<br />
<br />
425 10 435<br />
(49) (1) (50)<br />
376 9 385<br />
<br />
616 12 628<br />
(240) (3) (243)<br />
376 9 385<br />
<br />
376 9 385<br />
(48) (1) (49)<br />
328 8 336<br />
<br />
616 12 628<br />
(288) (4) (292)<br />
328 8 336<br />
114
16 <br />
<br />
<br />
(a) 1,286 1,332 1,371<br />
(b) 42 45 490<br />
30(a) – – 15<br />
1,328 1,377 1,876<br />
<br />
(a)<br />
<br />
(b)<br />
<br />
<br />
4.3%<br />
<br />
17 <br />
<br />
<br />
<br />
<br />
<br />
<br />
368 368 368<br />
(134) (80) (16)<br />
234 288 352<br />
115
17 <br />
<br />
<br />
<br />
<br />
(1,203) 1,571 368<br />
78 (94) (16)<br />
(1,125) 1,477 352<br />
(1,125) 1,477 352<br />
10 118 (182) (64)<br />
(1,007) 1,295 288<br />
(1,007) 1,295 288<br />
10 51 (105) (54)<br />
(956) 1,190 234<br />
<br />
<br />
<br />
<br />
<br />
655 646 650<br />
2 1 1<br />
657 647 651<br />
<br />
39.6039.07<br />
37.04 39.58 39.04 <br />
36.99200300500<br />
116
18 <br />
<br />
<br />
88 – –<br />
198 99 –<br />
(16) (11) –<br />
270 88 –<br />
2.647,500<br />
3%<br />
<br />
<br />
PLDT Italy S.r.l. 50%<br />
Genius Brand Limited 50%<br />
<br />
<br />
<br />
<br />
276 84 –<br />
9 14 –<br />
285 98 –<br />
<br />
(8) (97) –<br />
(278) (12) –<br />
(286) (109) –<br />
(1) (11) –<br />
18 3 –<br />
(34) (14) –<br />
(16) (11) –<br />
1 4 –<br />
117
18 <br />
<br />
<br />
19 <br />
<br />
<br />
40 42 87<br />
228 230 188<br />
268 272 275<br />
0.01% 0.57%0.68% 3.79%3.71% 5.10%<br />
<br />
<br />
20 <br />
<br />
<br />
996 1,017 854<br />
(185) (165) (175)<br />
(a) 811 852 679<br />
(b) 105 56 117<br />
(b) 169 154 146<br />
(c) – 75 –<br />
(d) – – 551<br />
1,085 1,137 1,493<br />
118
20 <br />
(a)<br />
<br />
<br />
<br />
<br />
0 30 419 364 349<br />
31 60 176 185 138<br />
61 90 85 86 79<br />
90 131 217 113<br />
811 852 679<br />
<br />
5.22 5.59 4.69 <br />
<br />
<br />
<br />
<br />
<br />
1 30 300 247 214<br />
31 60 92 99 114<br />
61 90 49 110 62<br />
90 81 103 79<br />
522 559 469<br />
119
20 <br />
(a)<br />
<br />
1.851.65 1.75 <br />
<br />
<br />
<br />
<br />
3 – –<br />
1 30 6 4 1<br />
31 60 20 19 17<br />
61 90 18 14 16<br />
90 138 128 141<br />
185 165 175<br />
<br />
<br />
<br />
165 175 159<br />
208 161 145<br />
(120) (73) (79)<br />
(68) (98) (50)<br />
185 165 175<br />
8<br />
<br />
(b)<br />
<br />
<br />
<br />
120
20 <br />
(c)<br />
<br />
3% <br />
<br />
(d)<br />
<br />
<br />
<br />
<br />
21 <br />
300 <br />
2,100 900 <br />
22 <br />
(a)<br />
<br />
50,000 1 <br />
1000.2525<br />
HTI Cayman 32 0.25<br />
1 50,000 1 <br />
(b)<br />
<br />
<br />
<br />
1<br />
0.25 <br />
<br />
<br />
<br />
<br />
1 – – –<br />
– – 4,814,346,208 1,204<br />
(1) – – –<br />
– – 4,814,346,208 1,204<br />
121
22 <br />
(b)<br />
<br />
HTI Cayman<br />
HTI Cayman 4,814,346,176<br />
124.18<br />
12.04<br />
112.14 <br />
(c)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
– –<br />
1 4,750,000<br />
1 4,750,000<br />
<br />
4,750,000<br />
3,166,666 <br />
0.27<br />
49% 5.9% 1.65%<br />
122
23 <br />
<br />
<br />
<br />
<br />
<br />
– (3,026) 1 (18) – 17 (3,026)<br />
– (268) – – – – (268)<br />
– (3,294) 1 (18) – 17 (3,294)<br />
– 180 – – – – 180<br />
– – – 31 – – 31<br />
<br />
– (3,114) 1 13 – 17 (3,083)<br />
<br />
<br />
<br />
<br />
– (2,759) 1 13 – 17 (2,728)<br />
2(b) – (355) – – – – (355)<br />
– (3,114) 1 13 – 17 (3,083)<br />
– 230 – – – – 230<br />
– – – (96) – – (96)<br />
<br />
– (2,884) 1 (83) – 17 (2,949)<br />
123
23 <br />
<br />
<br />
<br />
<br />
<br />
– (2,329) 1 (83) – 17 (2,394)<br />
<br />
2(b) – (555) – – – – (555)<br />
– (2,884) 1 (83) – 17 (2,949)<br />
– 468 – – – – 468<br />
22(b) 11,214 – – – – – 11,214<br />
(33) – – – – – (33)<br />
12 – (54) – – – – (54)<br />
– – – 42 – – 42<br />
<br />
– – – – 1 – 1<br />
11,181 (2,470) 1 (41) 1 17 8,689<br />
2,7001,100<br />
124
23 <br />
<br />
<br />
<br />
<br />
– – – –<br />
– – – –<br />
– – – –<br />
– – – –<br />
– – – –<br />
– – – –<br />
– – – –<br />
– 359 – 359<br />
<br />
– – 1 1<br />
12 – (54) – (54)<br />
22(b) 11,214 – – 11,214<br />
(33) – – (33)<br />
11,181 305 1 11,487<br />
114.87<br />
<br />
125
24 <br />
<br />
<br />
<br />
– 5,220 4,133<br />
– – 555<br />
– 5,220 4,688<br />
<br />
4,358 – –<br />
4,358 – –<br />
4,358 5,220 4,688<br />
<br />
<br />
<br />
<br />
– 5,220 4,133<br />
4,358 – –<br />
<br />
– – 555<br />
4,358 5,220 4,688<br />
<br />
<br />
<br />
<br />
– – 551<br />
– – –<br />
– – 551<br />
<br />
– – 551<br />
– – 551<br />
126
24 <br />
<br />
<br />
<br />
4,358 5,220 4,137<br />
– – 551<br />
4,358 5,220 4,688<br />
<br />
<br />
<br />
<br />
<br />
<br />
5.1% – – 4,048<br />
<br />
1.1%<br />
2.7% <br />
5.0% 4,358 5,220 85<br />
<br />
<br />
<br />
0% 7% – – 551<br />
<br />
<br />
<br />
7.5% – – 4<br />
4,358 5,220 4,688<br />
– (5,220) (4,688)<br />
4,358 – –<br />
<br />
1.1%2.7% 5.0% 7.5%<br />
<br />
<br />
30.84 22.90<br />
127
24 <br />
<br />
45.99 <br />
<br />
90.00 52.20<br />
25 <br />
<br />
<br />
(a) 450 474 487<br />
30(a) 43 81 –<br />
102 86 74<br />
595 641 561<br />
(a)<br />
<br />
<br />
<br />
<br />
91 81 71<br />
463 423 382<br />
292 423 544<br />
846 927 997<br />
(315) (381) (447)<br />
531 546 550<br />
<br />
26 81 72 63<br />
<br />
310 283 255<br />
140 191 232<br />
450 474 487<br />
531 546 550<br />
128
26 <br />
<br />
<br />
(a) 320 385 328<br />
1,689 1,398 1,420<br />
1,227 1,207 1,094<br />
25 81 72 63<br />
3,317 3,062 2,905<br />
(a)<br />
<br />
<br />
<br />
<br />
0 30 69 144 89<br />
31 60 44 60 45<br />
61 90 26 28 40<br />
90 181 153 154<br />
320 385 328<br />
27 <br />
(a)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
591 291<br />
<br />
9 (4) (17)<br />
9 184 223<br />
1,288 1,390<br />
8 18 6<br />
18 16 11<br />
<br />
(27) (116)<br />
21 (17)<br />
171 80<br />
5 (1)<br />
2,263 1,850<br />
129
27 <br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
4,688 719<br />
5,650 –<br />
(5,118) –<br />
– 12<br />
– (120)<br />
– 1<br />
5,220 612<br />
5,220 612<br />
9,462 –<br />
(10,330) –<br />
– (62)<br />
6 –<br />
– (1)<br />
4,358 549<br />
28 <br />
<br />
<br />
<br />
<br />
<br />
637 512<br />
16 39<br />
653 551<br />
130
29 <br />
<br />
(a)<br />
<br />
<br />
<br />
<br />
<br />
<br />
673 763<br />
635 1,397<br />
1,308 2,160<br />
<br />
6 16<br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
286 288 148 142<br />
133 182 72 78<br />
1 1 – –<br />
420 471 220 220<br />
(c)<br />
<br />
1900 - 21703G<br />
<br />
5%<br />
<br />
131
30 <br />
<br />
(a)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
16 – – 15<br />
25 (43) (81) –<br />
(43) (81) 15<br />
<br />
<br />
2.20% – 2.30% 1.60% – 1.70% 3.20% – 3.30%<br />
7% 7% 8%<br />
1.50% – 3.00% 0.00% – 3.00% 4.00% – 5.00%<br />
5.00% – 6.00% 5.00% – 6.00% 5.00% – 6.00%<br />
<br />
<br />
<br />
26 22 21<br />
3 6 6<br />
(9) (16) (14)<br />
7 20 12 13<br />
<br />
(221) (218) (188)<br />
178 137 203<br />
(43) (81) 15<br />
132
30 <br />
(a)<br />
<br />
<br />
<br />
<br />
218 188 172<br />
26 22 21<br />
1 1 1<br />
3 6 6<br />
(20) 21 5<br />
(7) (20) (19)<br />
– – 2<br />
221 218 188<br />
<br />
137 203 166<br />
9 16 14<br />
23 (76) 37<br />
15 13 2<br />
1 1 1<br />
(7) (20) (19)<br />
– – 2<br />
178 137 203<br />
<br />
63% 54% 66%<br />
22% 25% 18%<br />
15% 21% 16%<br />
100% 100% 100%<br />
2,100<br />
133
30 <br />
(a)<br />
<br />
<br />
<br />
<br />
178 137 203<br />
(221) (218) (188)<br />
(43) (81) 15<br />
22 (77) 37<br />
% 12 (56) 18<br />
1 7 8<br />
% – 3 4<br />
3,200 6,000<br />
5,100 <br />
4,600<br />
8,900 (800)<br />
<br />
<br />
<br />
6%<br />
<br />
<br />
<br />
99.8%6.0%4.0%<br />
Tian Keat AunThe Institute of Actuaries <br />
5%<br />
<br />
134
30 <br />
(b)<br />
<br />
<br />
<br />
400 500 1040<br />
<br />
31 <br />
Hutchison Global Communications Investment Holding Limited Hutchison Tele<strong>com</strong>munications<br />
(HK) Holdings Limited <br />
138 139 <br />
32 <br />
63%<br />
33 <br />
<br />
<br />
<br />
<br />
(1) <br />
(2) <br />
(3) <br />
(a) <br />
(b) DoCoMo NTT DoCoMo, Inc.<br />
<br />
<br />
(a)<br />
<br />
7 <br />
<br />
135
33 <br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
34 45<br />
95 99<br />
1 1<br />
4 (142)<br />
(8) (8)<br />
(62) (57)<br />
(30) (27)<br />
(14) (14)<br />
(8) (6)<br />
(2) (3)<br />
(22) (23)<br />
(14) (13)<br />
(16) (15)<br />
(21) –<br />
<br />
1 3<br />
1 –<br />
33 27<br />
(2) –<br />
(5) (8)<br />
<br />
1 –<br />
57 45<br />
(5) (5)<br />
(3) (12)<br />
(7) (8)<br />
DoCoMo <br />
19 25<br />
136
33 <br />
(b)<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
(18) (44)<br />
<br />
(c)<br />
<br />
<br />
<br />
<br />
<br />
– – – 8,896 8,672<br />
(i) – – – 8,896 8,672<br />
<br />
HTI (Cayman) (ii) – 12,418 8,600 – 12,418<br />
<br />
Hutchison Tele<strong>com</strong>munications<br />
International (HK) Limited – – 5,143 – –<br />
– – – 77 125<br />
(iii) – 12,418 13,743 77 12,543<br />
<br />
(i)<br />
<br />
(ii)<br />
124.18 4,814,346,176<br />
22(b)<br />
(iii)<br />
<br />
137
Hutchison Global 320 100% <br />
Communications 1 <br />
Investment Holding<br />
Limited<br />
Hutchison 1 1 100% <br />
Tele<strong>com</strong>munications <br />
(HK) Holdings Limited<br />
2 10 100%<br />
<br />
2 1 100%<br />
<br />
Hutchison Global 2 1 100%<br />
Communications <br />
(Malaysia) Sdn. Bhd.<br />
Hutchison Global 2 1 100%<br />
Communications <br />
Pte Limited<br />
<br />
100,000 100%<br />
10<br />
<br />
Hutchison Global 3,000 100%<br />
Communications 0.01<br />
(US) Limited<br />
2 10 100%<br />
<br />
2 10 100%<br />
<br />
138
10,000,000 100%<br />
<br />
<br />
2 10 100%<br />
<br />
125,812 75.9%<br />
10<br />
10,000,000 75.9%<br />
<br />
200 100%<br />
1 <br />
139
8,449 8,124 7,249 6,607<br />
530 218 164 170<br />
(62) 12 16 72<br />
468 230 180 242<br />
<br />
16,241 16,278 16,187 17,055<br />
268 272 275 361<br />
1,245 1,318 1,657 2,458<br />
17,754 17,868 18,119 19,874<br />
<br />
1,204 - - -<br />
8,689 (2,949) (3,083) (3,294)<br />
9,893 (2,949) (3,083) (3,294)<br />
(549) (612) (719) (704)<br />
9,344 (3,561) (3,802) (3,998)<br />
<br />
4,358 - - 10,280<br />
729 721 577 588<br />
– 12,418 13,743 10,370<br />
3,323 8,290 7,601 2,634<br />
8,410 21,429 21,921 23,872<br />
17,754 17,868 18,119 19,874<br />
<br />
<br />
<br />
<br />
<br />
140
215<br />
<br />
Butterfield Fulcrum Group (Cayman) Limited<br />
Butterfield House, 68 Fort Street, P.O. Box 609,<br />
Grand Cayman KY1-1107, Cayman Islands<br />
+1 345 949 7055<br />
+1 345 949 7004<br />
<br />
20091231<br />
19.3230.4%<br />
<br />
2009<br />
2009<br />
<br />
<br />
2009<br />
2010<br />
2009910<br />
201038<br />
201057<br />
2010511<br />
2010511<br />
2010518<br />
20108<br />
<br />
Scotia Centre, 4th Floor, P.O. Box 2804, George Town,<br />
Grand Cayman KY1-1112, Cayman Islands<br />
<br />
10 22 <br />
+852 2128 1188<br />
+852 2128 1778<br />
<br />
99 19 <br />
+852 2128 2828<br />
+852 2128 3388<br />
<br />
<br />
183 <br />
17 1712-1716 <br />
+852 2862 8628<br />
+852 2865 0990<br />
<br />
Citibank Shareholder Services<br />
P.O. Box 43077, Providence, Rhode Island 02940-3077,<br />
the United States of America<br />
1 877 248 4237<br />
+1 781 575 4555<br />
+1 201 324 3284<br />
<br />
citibank@shareholders-online.<strong>com</strong><br />
<br />
<br />
<br />
<br />
+852 2128 6828<br />
+852 3909 0966<br />
ir@hthkh.<strong>com</strong><br />
<br />
www.hthkh.<strong>com</strong>