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2014

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##

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Cricket Square
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P.O. Box 2681
Grand Cayman KY1-1111
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8
451, 7-15
+852 3541 6000
+852 3102 0927

>

101111
+8610 8080 0808
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24 Shedden Road, George Town
Grand Cayman KY1-1110
Cayman Islands

183
171712-1716

2014

>

2014

>

2014

>

2014

2013

2012

2011

2010

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200974
201174

200974
201174

20131221
20181231
2014117
20181231

1(c)

200974
20151231

200974
201474

200974
201474

200974
201474

75

>

2014

2014
11

2014
1231

200874

15.82
3

599,319

(599,319)

2009119

10.45
3

1,341,191

(172,427)

1,168,764 2010119
2014119

2010119
2015119

20091022

20.09
3

2,240,249

(419,241)

1,821,008 201071
201271

201071
20151022

2011715

9.09
3

975,087

975,087 201271
201471

201271
2017715

20121220

4.92
3

15,944,959

(792,154)
2(a)

(1,895,038)

13,257,767 20131221
20171221

20131221
20181231

2013813

5.07

6,203,960

(37,854)
2(b)

(400,564)

5,765,542 2014331
2018814

2014331
20191231

20131218

6.79

1,093,962

(110,270)

2014117

7.00

3,643,307
1(a)

(416,824)

3,226,483 2015118
2019331

2015118
20201231

201444

5.10

754,440
1(b)

(104,925)

649,515 201545
201945

201545
20201231

200874

15.82
3

401,170

(401,170)

200974
201174

200974
201474

2009119

10.45
3

344,071

(344,071)

2010119
2014119

2010119
201441

200941

12.11
3

449,683

(449,683)

201041
201241

201041
2014131

20091022

20.09
3

326,567

326,567 201071
201271

2011715

9.09
3

363,662

(363,662)

201271
201471

201271
2014131

20121220

4.92
3

94,814

(94,814)

2013115
2014115

2013115
20141231

2013813

5.07

123,960

123,960 2014331
2018814

2014331
20191231

2014117

7.00

1,950,000
1(a)

2014117

7.00

37,188
1(a)
21,455,746

(830,008)

(6,072,233)

40,780,080

200974
201174

983,692 20141219
20181219

1,950,000 2014117
201691
37,188 2015118
2019331

200974
201474

20141219
20191231

201071
20151022

2014117
2019930
2015118
20201231

55,333,585

1.

a.

20141176.96

b.

2014444.92

c.

6,850,36920181231

2.

3.

76

a.

6.25

b.

5.97

2013200420134222013425

>

2014

200420141231

33

2009430

2004

2004201522

2015130

201274

2006714

2%5%

10

201412312,740,146

1,705,586

49,305201412

31

5%

2014
11

201093

23.30

610,000

(170,000)

20101230

16.62

4,536

(4,536)

2011715

8.96

210,282

(160,977)

(49,305)

2014117

6.71

2,740,146

(1,370,073)

824,818

2,740,146

(1,705,586)

(49,305)

2014
1231

440,000 201171
201671
20111230
2014228
2012715
2014715
1,370,073 2
1,810,073

77

>

2014

1.

18

2.

1,370,073

20141231XV
352

425,754,928
1

728,306,851

50.79%

14,013,644
2

14,013,644

0.98%

312,906
2

312,906

0.02%

345,450

827,337
2

1,172,787

0.08%

347,044

827,337
2

1,174,381

0.08%

189,450

827,337
2

1,016,787

0.07%

312,906
2

312,906

0.02%

78

302,551,923
1

201412311,433,951,048

>

2.

1.

302,551,9231,370,073

2014

2004

Viva China Holdings Ltd


BVIAlpha Talent 301,181,850

20141231

425,754,928

XV78

(i)1,370,073(ii)1,370,073

(iii)398,156,304

XV

2013113,758,944(iv)

20141216

352

309,255,838

(a)


BVI299,374,000 421,690,652
(i) 398,156,304 2013
113,758,944(ii)
BVI
307,931,708 Victory Mind Assets
LimitedVictory MindLead Ahead LimitedLead
AheadDragon City Management (PTC) LimitedDragon
City 15.06%25.09%28.24%Lead Ahead
Dragon City 60%60%
Victory MindAce Leader Holdings Limited
57%

(b)

Alpha Talent1,807,850 753,270


Alpha Talent
Alpha Talent753,270
Alpha Talent
Alpha Talent

(c)

570,860

79

>

2014

201412313365%

302,551,923

425,754,928

728,306,851
1

50.79%

299,374,000

421,690,652

721,064,652

50.29%

299,374,000

421,690,652

721,064,652

50.29%

1(a)
David Bonderman

53,000,000

307,967,476

360,967,476

25.17%

3
James G. Coulter

53,000,000

307,967,476

360,967,476

25.17%

3
Genesis Asset Managers, LLP

Minister for Finance

152,097,292

152,097,292

10.61%

74,579,126

76,133,125

150,712,251

10.51%

4
Lou Yunli

95,000,000

74,615,385

169,615,385

11.83%

5
James Christopher Kralik

95,000,000

74,615,385

FIL Limited

84,405,742

80

201412311,433,951,048

169,615,385
5

11.83%

84,405,742

5.89%

>

4.

1.

2014

Tetrad Ventures Pte LtdTetrad 58,735,500

302,551,923 1,370,073

76,133,125(i)2017

BVIAlpha Talent

189,000,00051,660,000

301,181,850425,754,928

(ii)Tetrad24,473,125

(i)1,370,073

TetradGIC (Ventures) Pte Ltd Government

(ii)1,370,073(iii)

of Singapore Investment Corporation (Ventures) Pte Ltd)

398,156,3042013113,758,944

GIC Special Investments Pte Ltd Tetrad

(iv)20141216

GIC Private LimitedGovernment of Singapore Investment

309,255,838

Corporation Pte LtdGICGIC15,843,626

Minister for Finance

(a)

BVI 299,374,000

5.

Linden Street Capital LimitedLinden Lou YunliJames

421,690,652 (i)

Christopher Kralik50%(a)95,000,000

398,156,304 2013

Milestone Capital Strategic Holdings Limited

113,758,944 (ii)

50,000,000 Milestone Sports Limited 45,000,000

307,931,708

(b)74,615,385Linden

Victory MindLead AheadDragon City

74,615,385

15.06%25.09%28.24%Lead AheadDragon City

60%40%Victory MindAce
Leader Holdings Limited

20141231

Jumbo Top Group Limited

57%38%

336

(b)

Alpha Talent1,807,850 753,270


Alpha Talent
Alpha Talent753,270
Alpha Talent
Alpha Talent

BVI
20141216BVI
BVI
201560%
BVI

(c)

570,860

BVI2.5%1,191

2.

1(a)
299,374,000421,690,652

3.

TPG Stallion, L.P.TPG53,000,000 307,967,476


(i)2017561,000,000
153,340,000(ii)
123,888,4712013
35,396,706(iii)TPG
119,230,770TPGTPG Asia Advisors V,
Inc.TPG Asia Advisors V, Inc.David Bonderman
James G. Coulter50%

81

>

2014

20141216BVI

2013201420151231

19.01%

5%

BVI

14A

BVI0.1%
5%BVI

20141231

68,986,000

20141216

14A

2010831
2010201120121231
(i)(ii)(iii)

(1)

(2)

20121231
201314
201314 201512
31
201320142015
1231
60,000,00090,000,000
90,000,000201314

(3)
(4)

3000
740

82

>

(1)

2014

20153
18

(2)

2014630
13.51B(1)

(3)

(4)

201314

36(d)

20141231

36
14A

20143
212014
1114
2014628
2014106

201412
31
25%

20141231

83

>

2014

37

2015

2015318

84

2014

87159
20141231

(852) 2289 8888(852) 2810 9888www.pwchk.com

85

2014

20141231

2015318

(852) 2289 8888(852) 2810 9888www.pwchk.com

86

2014

1231
2014

2013

6
7
8
23
9
11
14

861,173
372,113
446,399
311,081
26,000

791,071
351,352
380,935
345,610
46,930

20,848
39,473

13,496
125,807

2,077,087

2,055,201

1,289,332
1,260,131

942,368
1,371,240

379,277

2,593
1,031,386

362,643
2,566
2,149
1,280,684

3,962,719

3,961,650

6,039,806

6,016,851

141,698
1,298,537
(3,719)
984,398

136,613
1,146,845
(31,509)
1,101,347

(469,056)

330,934

1,951,858

2,684,230

217,583

207,534

2,169,441

2,891,764

12
13
14

15
15

16
16
16
17
17

87

2014

1231
2014

2013

20
21
22
23
24

18
19
20

77,434
298,241
676,421
76,410
62,718

122,309
200,000
645,727
75,316
64,012

1,191,224

1,107,364

953,429

913,988

1,104,541
57,880
9

836,611
54,624

550,782
12,500

200,000
12,500

2,679,141

2,017,723

3,870,365

3,125,087

6,039,806

6,016,851

1,283,578

1,943,927

3,360,665

3,999,128

94159

88

21
22

2014

1231
2014

2013

10

2,672,914

2,134,864

15

652,728
647

650,494
115,346

653,375

765,840

3,326,289

2,900,704

141,698
2,027,743

136,613
2,097,259

2,169,441

2,233,872

16
16,17

22

676,421

645,727

19
21
22

168,145
299,782
12,500

8,605

12,500

480,427

21,105

1,156,848

666,832

3,326,289

2,900,704

172,948

744,735

2,845,862

2,879,599

94159

89

2014

5
25

25
25
26

1231
2014
2013

6,727,601
(3,724,092)

5,824,110
(3,230,134)

3,003,509

2,593,976

(2,863,516)
(703,145)

(2,674,235)
(235,860)

34,279

146,702

(528,873)

(169,417)

28
28

10,246
(153,352)

8,699
(158,696)

11

(143,106)
7,352

(149,997)
2,242

(664,627)

(317,172)

(78,877)

(42,219)

(743,504)

(359,391)

(781,481)
37,977

(391,540)
32,149

(743,504)

(359,391)

29

30

(49.97)

(26.91)

30

(49.97)

(26.91)

94159

90

31

1231
2014
2013

2014

1231
2014
2013

(743,504)

(359,391)

(140)

657

(743,644)

(358,734)

(781,621)
37,977

(390,883)
32,149

(743,644)

(358,734)

94159

91

2014

201311

20131231
201411

20141231

16

16

16

111,622

315,972

(41,185)

489,485

737,703

1,613,597

198,644

1,812,241

657

(391,540)

(390,883)

32,149

(358,734)

44

1,929

21,104

1,973
21,104

1,973
21,104

24,947

4,285

824,659

9,676

(4,285)
(9,676)
15,229
1,441,484
(849,606)

(3,045)

(15,229)

1,441,484

(3,045)

(23,804)
(1,955)
2,500

1,441,484

(23,804)
(5,000)
2,500

136,613

1,146,845

(31,509)

1,101,347

330,934

2,684,230

207,534

2,891,764

136,613

1,146,845

(31,509)

1,101,347

330,934

2,684,230

207,534

2,891,764

(140)

(781,481)

(781,621)

37,977

(743,644)

66

3,173

3,239

3,239

48,156

48,156

48,156

5,019

(17,481)

166,000

29,936
(2,146)

17,481
(29,936)

18,509
(171,019)

(18,509)

(2,146)

(27,928)

(2,146)

(27,928)

141,698

1,298,537

(3,719)

984,398

(469,056)

1,951,858

217,583

2,169,441

94159

92

17

17

2014

32

1231
2014
2013

(348,691)
(45,664)

(17,594)
4,063

(394,355)

(13,531)

(14,000)
(242,459)
(84,769)

1,482
5,664

(5,000)
1,000

(93,801)
(119,871)
(71,829)
61,827
8,699

(334,082)

(218,975)

(27,928)
3,239
(2,146)

921,512
(320,000)

(99,560)
(444)

(23,804)
1,973

2,500
1,803,005
(2,848,243)
1,480,488
(39,004)
(96,687)
11,539

474,673

291,767

(253,764)
1,280,684
4,466

59,261
1,241,304
(19,881)

1,031,386

1,280,684

94159

93

2014

1.

200422619613
Cricket Square, Hutchins Drive, P.O.Box 2681, Grand Cayman KY1-1111, Cayman
Islands

2015318

2.

2.1

32

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201513012

94

2014

2.

2.1

2.1.2
(a)

201411

32
36
10
12
272011

201411

(b)

201411

2010-20122011-20132012-2014(1)

16
38

(2)

15
9

(3)
(4)

(1)

201471

(2)

201611

(3)

201711

(4)

201811

(c)

622
62235892014
33
6229

95

2014

2.

2.2

1231

2.2.1

(a)

2.9

(b)

96

2014

2.

2.2

2.2.2

2.3

20%50%

97

2014

2.

2.4

2012111111

2.5

2.6

(a)

(b)

(c)

98

i.

ii.

iii.

2014

2.

2.7

2040
2
2
1018
312

2.10

2.8

2050

99

2014

2.

2.9

(a)

(b)

(210

(c)

(d)

10203
8

2.10

100

2014

2.

2.11
(a)

(b)

(i)

12
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(ii)

12

20141231

2.12

101

2014

2.

2.13
(a)

(b)

102

2014

2.

2.14

2.15

2.16

2.17
(a)

(b)

103

2014

2.

2.18

2.19

2.20

12
12

2.21

104

2014

2.

2.22

12

2.23

(a)

(b)

105

2014

2.

2.23

(b)

(c)

2.24

(a)

106

2014

2.

2.24

(b)

(c)

2.25

107

2014

2.

2.26

(a)

90

(b)

(c)

(d)

108

2014

2.

2.26

(e)

(f)

2.27

2.28

2.29

109

2014

3.

3.1

(a)

(i)

15
20141231

2014201312315%

2014

(ii)

5%
5%

(32,153)
32,153

2013

4,009
(4,009)

2012287.5
2017284%
22

6.60%20136.76%4.92%20132.26%
21

110

2014

3.

3.1

(b)

*
A
B
C

2014

2013

353,752
237,784
162,984

414,268
326,145
167,096

754,520

907,509

90

(c)

21

111

2014

3.

3.1

(c)

20141231

(a)

20131231

(a)

20141231
(a)

20131231
(a)

12

25

580,962
30,000
62,073
953,429
292,957

306,459
30,000
65,007

765,000
34,476

1,919,421

401,466

799,476

224,303
30,000
57,998
913,988
281,889

208,050
30,000
61,642

795,000
97,040

4,572

1,508,178

299,692

892,040

4,572

30,000
309,268
168,145

30,000

765,000

507,413

30,000

765,000

30,000
8,605

30,000

795,000

38,605

30,000

795,000

(a)

22201228
3,000

112

2014

3.

3.2

2014123186.4%
2013123139.4%51.1%

2013123114.9%

3.3

4.

(a)

2.92.10
8

(b)

113

2014

4.

(c)

2.15

(d)

2008115%

(e)

50%

114

2014

5.

201412315,932,090,000681,708,000
113,803,000201312315,082,786,000612,409,000
128,915,000

201420131231

20141231

5,932,090

682,063
(355)

143,628
(29,825)

6,757,781
(30,180)

5,932,090

681,708

113,803

6,727,601

(679,533)

116,465

34,195

(528,873)

3,381,090

174,061

11,510

3,566,661

176,977

18,971

2,512

198,460

20131231

5,082,786

613,084
(675)

176,005
(47,090)

5,871,875
(47,765)

5,082,786

612,409

128,915

5,824,110

(279,572)

104,958

5,197

(169,417)

2,720,873

141,474

47,748

2,910,095

168,756

17,316

7,123

193,195

115

2014

5.

1231
2014
2013

(528,873)
10,246
(153,352)
7,352

(169,417)
8,699
(158,696)
2,242

(664,627)

(317,172)

1231
2014
2013

6,499,615
227,986

5,630,525
193,585

6,727,601

5,824,110

201420131231
10%

116

2014

6.

201311

694,146
(123,183)

106,281
(71,360)

226,653
(174,546)

136,540
(31,584)

194,464
(125,980)

25,613

1,383,697
(526,653)

570,963

34,921

52,107

104,956

68,484

25,613

857,044

20131231

570,963
702
30,655
(21,869)
(28,173)

34,921
13,568

(78)
(24,490)

52,107
36,804

(37,354)

104,956
5,926
1,494
(4,736)
(12,769)

68,484
21,680

(1,671)
(24,532)

25,613
11,019
(32,149)

857,044
89,699

(28,354)
(127,318)

552,278

23,921

51,557

94,871

63,961

4,483

791,071

20131231

691,499
(139,221)

89,083
(65,162)

263,457
(211,900)

136,830
(41,959)

209,055
(145,094)

4,483

1,394,407
(603,336)

552,278

23,921

51,557

94,871

63,961

4,483

791,071

20141231

552,278
44,796
5,021
(2,361)
(29,463)

23,921
125,908

(358)
(48,293)

51,557
33,546

(5,184)
(32,729)

94,871
3,355
2,542
(1,729)
(12,467)

63,961
15,915
126
(3,037)
(22,843)

4,483
5,046
(7,689)

791,071
228,566

(12,669)
(145,795)

570,271

101,178

47,190

86,572

54,122

1,840

861,173

20141231

738,838
(168,567)

194,401
(93,223)

244,367
(197,177)

136,872
(50,300)

200,352
(146,230)

1,840

1,516,670
(655,497)

570,271

101,178

47,190

86,572

54,122

1,840

861,173

4,661,00020135,796,000
7
41,644,000201339,008,00080,079,000201354,378,000
24,072,000201333,932,000
20141231403,819,00020131231
21

117

2014

7.

201311

404,129
(41,366)

362,763

20131231

362,763
(2,610)
(8,801)

351,352

20131231

399,054
(47,702)

351,352

20141231

351,352
29,785
(9,024)

372,113

20141231

428,839
(56,726)

372,113

20502014123198,791,0002013
1231101,613,000
2014123181,518,00020131231
21

118

2014

8.

179,226

119,037
(34,507)

128,754
(73,861)

288,430
(205,210)

41,339
(19,826)

756,786
(333,404)

179,226

84,530

54,893

83,220

21,513

423,382

20131231

179,226

84,530

(5,538)

54,893
10,930
(19,495)

83,220
3,699
(26,636)

21,513

(5,407)

423,382
14,629
(57,076)

179,226

78,992

46,328

60,283

16,106

380,935

20131231

179,226

119,037
(40,045)

139,684
(93,356)

292,129
(231,846)

41,339
(25,233)

771,415
(390,480)

179,226

78,992

46,328

60,283

16,106

380,935

20141231

179,226
67,087

78,992

(5,538)

46,328
22,078
(17,424)

60,283

(13,384)

16,106
19,940
(7,295)

380,935
109,105
(43,641)

246,313

73,454

50,982

46,899

28,751

446,399

20141231

246,313

119,037
(45,583)

161,762
(110,780)

292,129
(245,230)

61,279
(32,528)

880,520
(434,121)

246,313

73,454

50,982

46,899

28,751

446,399

201311

119

2014

8.

Kason

106,839

72,387

201411

67,087

106,839

72,387

20141231

67,087

106,839

72,387

2013111231

5%1.8%3%
22.8%14.7%18.8%

9.

20141231

11

1231

120

2014

2013

26,000

46,930

2014

2013

46,930
14,000
(34,930)

46,930

26,000

46,930

2014

10.
(a)

2014

2013

79,568
2,598,260
3,719

79,568
2,023,787
31,509

(8,633)

2,672,914

2,134,864

20141231

2002108

1,000

100%

2004528

2003319

100

100%

1997825

8,000,000

100%

2000420

2,000,000

100%

20011218

3,000,000

100%

200335

3,000,000

100%

RealSports Pte Ltd.

100%

121

2014

10.

(a)

122

19961031

1,000,000

100%

20011213

8,241,000

100%

200776

416,670,000

100%

2007828

1,000

2013821

100,000,000

20071219

10,000,000

100%

200179

10,000,000

100%

1998625

2,750,000

100%

1998106

3,200,000

100%

1999610

3,000,000

100%

2003415

1,000,000

100%

100%

100%

2014

10.

(a)

199962

1,000,000

100%

1997114

5,000,000

100%

200088

5,000,000

100%

19991214

3,500,000

100%

2003415

1,000,000

100%

200524

1,000,000

100%

1998826

1,000,000

100%

1998729

1,500,000

100%

2006123

1,000,000

100%

2008114

20,000,000

100%

200824

1,000,000

100%

123

2014

10.

(a)

124

2008924

1,000,000

100%

2009513

1,000,000

100%

20091026

1,000,000

100%

2010613

3,000,000

100%

20101217

1,000,000

100%

2011321

1,000,000

100%

2008927

10,000,000

100%

2009119

330,000,000

100%

19951226

112,000,000

57.5%

1996821

15,900,000

57.5%

20101227

2,000,000

57.5%

2014

10.

(a)

201156

2,000,000

57.5%

2002810

15,000,000

1998729

500,000

57.5%

2011727

10,000,000

100%

2009119

400,000,000

100%

2011124

5,000,000

100%

2008630

20,000,000

2008115

100%

2010827

100%

2010112

411,844,000

100%

2013418

50,00,000

95%

43.1%

100%

125

2014

10.

(a)

(b)

20131225

1,000,000

100%

20131225

1,000,000

100%

201442

1,000,000

100%

2014415

1,000,000

100%

2014422

1,000,000

100%

2014523

1,000,000

100%

201466

1,000,000

100%

20141231217,583,000
215,033,000

126

2014

10.

(b)

1231
2014

2013

288,041
267,455

291,790
238,060

20,586

53,730

639,596
62,471

584,506
64,997

577,125

519,509

597,711

573,239

1231
2014
2013

680,761
115,062
(26,698)
88,364

606,828
98,782
(25,555)
73,227

88,364

73,227

37,927

32,149

127

2014

10.

(b)

1231
2014
2013

162,982
(31,489)

188,251
(25,720)

131,493
(10,514)
(73,463)

162,531
(75,362)
(83,571)

47,516
93,726
(1,038)

3,598
90,804
(676)

140,204

93,726

2014

2013

20,848

13,496

1231

20,848

13,496

2014

2013

7,352

(3,275)
5,517

1231

7,352

2,242

11.

128

2014

11.

20141231

2011524

30,000,000

13.30%

201183

20,790,000

14.82%

20%

2014123120131231
3,275,0003,275,0002014
20131231

2014

2013

11

13,496
7,352

7,979
5,517

1231

20,848

13,496

200573

48,600,000

50%

50%Aigle International S.A.

129

2014

12.
2014

2013

39,611
32,930
1,481,024

43,597
50,634
1,230,203

1,553,565
(264,233)

1,324,434
(382,066)

1,289,332

942,368

201412313,520,187,00020133,027,645,000
201420131231

13.

2014

2013

1,825,483
31,414

1,948,188
13,980

1,856,897

1,962,168

(596,766)

(590,928)

1,260,131

1,371,240

2014

2013

367,794
218,264
237,383
560,231
473,225

420,487
175,736
195,300
662,768
507,877

1,856,897

1,962,168

0 30
31 60
61 90
91 180
180

130

2014

13.

90201412311,033,456,000201312311,170,645,000
4(c)

20141231
596,766,00020131231590,928,000

2014

2013

11

590,928
8,942
(3,104)

937,535
(337,053)
(9,554)

1231

596,766

590,928

131

2014

14.
2014

2013

35

221,973
46,587
32,810
21,246
18,069
9,860

68,205

209,648
12,434

20,441
37,837
8,736
71,829
66,956
60,569

418,750
(39,473)

488,450
(125,807)

379,277

362,643

15.
20141231

2014

132

2013

2014

2013

1,031,386
2,593

1,280,684
2,149

647

115,346

1,033,979

1,282,833

647

115,346

2014

15.

2014

2013

2014

2013

970,446
18,560
13,590
30,406
977

1,144,405
125,544
9,332
3,352
200

626
21

115,346

1,033,979

1,282,833

647

115,346

16.

0.10
201420131231

10,000,000

1,000,000

133

2014

16.

0.10

1,053,470
551

111,622
44

315,972
1,929

427,594
1,973

(41,185)

386,409
1,973

738
313,175

24,947

4,285

824,659

4,285

849,606

9,676

4,285
9,676
849,606

1,367,934

136,613

1,146,845

1,283,458

(31,509)

1,251,949

201411

17

1,367,934
830
63,488

136,613
66
5,019

1,146,845
3,173
166,000

1,283,458
3,239
171,019

(31,509)

1,251,949
3,239
171,019

1,706
(470)

(17,481)

(17,481)

29,936
(2,146)

(17,481)
29,936
(2,146)

20141231

1,433,488

141,698

1,298,537

1,440,235

(3,719)

1,436,516

201311

20131231

2014123120044.92720134.519
830,0002013551,0000.1033

134

2014

17.

64,175

233,945

74,074

21,104

113,395

3,896

489,485

21,104

737,703
(391,540)

1,227,188
(391,540)
21,104

5,661

(3,045)

15,229

(4,285)
(5,661)
(9,676)

1,441,484
(849,606)

657

(4,285)

(9,676)
15,229
1,441,484
(849,606)
(3,045)
657

(15,229)

(4,285)

(9,676)

1,441,484
(849,606)
(3,045)
657

20131231

66,791

249,174

75,556

113,395

591,878

4,553

1,101,347

330,934

1,432,281

201411

66,791

249,174

75,556

113,395

591,878

4,553

1,101,347

330,934
(781,481)

1,432,281
(781,481)

48,156

48,156

48,156

12,023

18,509

17,481
(12,023)
(29,936)

17,481

(29,936)
18,509

(18,509)

17,481

(29,936)

(171,019)

(140)

(171,019)
(140)

(171,019)
(140)

78,814

267,683

99,234

113,395

420,859

4,413

984,398

(469,056)

515,342

201311

20141231

135

2014

17.

201311

222,185

(58,261)

74,074

21,104

113,395

409,654
(58,261)
21,104

5,661

(4,285)
(5,661)

1,441,484
(849,606)

(4,285)

1,441,484
(849,606)

(9,676)

(9,676)

20131231

163,924

5,661

75,556

113,395

591,878

950,414

163,924
(85,890)

5,661

75,556

113,395

591,878

950,414
(85,890)

48,156

48,156

12,023

17,481
(12,023)

17,481

(171,019)

(171,019)

(29,936)

(29,936)

78,034

17,684

99,234

113,395

420,859

729,206

201411

20141231

136

2014

17.

(a)

2004

(b)

10%
50%
25%

10%50%

(c)

201341,847,838,0001,480,488,000
3.50
527,953,814

32
1,798,838,00049,000,000
1,441,484,000
TPG Stallion, L.P.TPG18,617,00012,412,00014,819,0009,879,000

201412311,283,360,0001,020,625,000
216,314,000171,019,00020141231
63,488,00016

137

2014

18.
3060

0 - 30
31 - 60
61 - 90
91 - 180
181 - 365
365

2014

2013

704,434
122,191
97,512
19,335
5,126
4,831

651,017
206,844
27,899
18,580
2,737
6,911

953,429

913,988

19.

2014

(a)

138

2013

2014

2013

379,293
152,106
130,442
124,046
32,537
11,650
274,467

305,439

106,270
102,488
18,354
49,096
254,964

152,106

16,039

8,605

1,104,541

836,611

168,145

8,605

2014815187,500,000
7.24,187,00020151

2014

20.

201311

28

263,663
3,699
(108,941)
21,270
(2,758)

20131231

176,933

201411

28

176,933
(59,685)
18,044
22

20141231

135,314

5
25

2014

2013

77,434
57,880

2,324
119,985
54,624

135,314

176,933

2014

2013

62,073
99,483

57,998
158,682
4,572

161,556

221,252

1
15

139

2014

21.

2014

2013

2014

2013

298,241
550,782

200,000
200,000

299,782

849,023

400,000

299,782

251,000
299,782
298,241

400,000

299,782

849,023

400,000

299,782

498,241
350,782

400,000

299,782

849,023

400,000

299,782

201412316.60%20136.76%
4.92%20132.26%
20141231498,241,000672013
123120141231200,000,00020131231

20141231200,000,000201312311,128,580,000

20145130,000,000
2014123138,900,000

140

2014

21.

201311

1,447,157

1,803,005
(1,919)
(2,848,243)

162,157

(1,919)
(160,238)

400,000

20131231

201411

20141231

400,000
772,299
(3,276)
(320,000)

300,694
(912)

849,023

299,782

2014

- 6
- 612
- 12

2013

2014

2013

350,782
200,000
298,241

5,000
195,000
200,000

299,782

849,023

400,000

299,782

22.
201228TPGTetrad Ventures Pte. Ltd.GIC750,000,000
4%2017277.74

130%

113,395,00017

141

2014

22.

2013123(1)
(2)7.744.5
668,525,000
634,896,00033,629,000
2013
26

2014

2013

11

658,227
(30,000)
60,694

634,896
(30,000)
53,331

1231

688,921
(12,500)

658,227
(12,500)

676,421

645,727

20141231750,000,00020141231
9.51
20141231

142

2014

23.

201311

36,066

(11,314)

2,019
(2,019)

4,676
(592)

92,524
(28,079)

204,313
25,699

22,469
(152)

362,067
(16,457)

20131231

24,752

4,084

64,445

230,012

22,317

345,610

201411

24,752
(6,739)

4,084
5,365

64,445
(23,627)

230,012
(17,118)

22,317
7,590

345,610
(34,529)

20141231

18,013

9,449

40,818

212,894

29,907

311,081

201311

(77,158)
4,093

(2,160)
(91)

(79,318)
4,002

20131231

(73,065)

(2,251)

(75,316)

201411

35

(73,065)
3,937

(2,251)
(46)

(75,316)
3,891

(4,985)

(4,985)

20141231

(74,113)

(2,297)

(76,410)

143

2014

23.

12
12

12
12

2014

2013

225,619
85,462

252,459
93,151

311,081

345,610

(5,821)
(70,589)

(6,336)
(68,980)

(76,410)

(75,316)

201520191,782,390,00020131,096,351,000
443,837,0002013272,231,000

200811
16,311,000201321,078,000326,220,0002013
421,563,000

24.

144

201311

59,736
5,570
(1,294)

20131231

64,012

201411

64,012
(1,294)

20141231

62,718

2014

25.

2014

2013

3,520,187
145,795
52,665
1,297,881
819,699
746,661

3,027,645
127,318
65,877
1,407,041
670,298
582,736

173,795
277,099
8,942
34,930
4,350
93,638
59,223

172,571
237,466
(337,053)

4,200
94,596
56,715

(a)

26.

22

2014

2013

25,412
8,867

101,551
11,522
33,629

34,279

146,702

2014

2013

403,312
55,183
48,156
19,043
294,005

351,394
46,678
21,104
16,789
234,333

819,699

670,298

27.

145

2014

27.

(a)

20131231

(ii)

(i)

3,710
1,371

960

17
2,446
215
355
355
355
43
215
215

161
113

4,848
4,057
715
625
625
605
210
465
465

16,996
697
17,888
426
426
406
376
392

127
500
270
270
250
167
250
250

20141231

(iii)

146

(i)

191
500
270
270
250
250
266

3,710

13,124
439
17,388
156
156
156
126
126

162
67

(i)

(ii)

201391

(iii)

2014106

2014

27.

(b)

201420131231
20142013

2014

2013

5,331
6,195
212

7,647
7,155
263

11,738

15,065

2014

2013

4,000,0014,500,000
4,500,0015,000,000
5,000,0015,500,000
5,500,0016,000,000
6,000,0016,500,000
7,500,0018,000,000

(c)

1
1

1
1

5%22%

147

2014

28.
2014

2013

5,664
4,582

8,699

10,246

8,699

(18,044)
(37,873)
(60,694)

(36,741)

(21,270)
(51,794)
(57,724)
(15,861)
(12,047)

(153,352)

(158,696)

(143,106)

(149,997)

2014

2013

3,361
41,059
3,819

1,823
24,002
3,939

48,239
30,638

29,764
12,455

78,877

42,219

20

29.

(a)

RealSports Pte Ltd.

148

(b)

2014123116.5%201316.5%

(c)

25%2013 25%

2014

29.

(d)

2014201312317%

25%
2014

2013

(664,627)

(317,172)

25%201325%

(166,157)

(79,293)

5,934

(684)

193,934

113,204

54,410

20,087

(13,063)

(15,034)

3,819

3,939

78,877

42,219

30.

20134170
35,717,000(201358,768,000
02013
20151 37 0
145,904,0002013145,904,000
02013

149

2014

30.

2014

2013

(781,481)

(391,540)

1,382,244
181,621

1,250,126
204,672

1,563,865

1,454,798

(49.97)

(26.91)

2014

2013

(781,481)

(391,540)

1,382,244
181,621

1,250,126
204,672

1,563,865

1,454,798

(49.97)

(26.91)

20141231201412310.55180
2.051.2420130.41802.05
1.772014

150

2014

31.
201420131231

32.

2014

2013

22

(664,627)

(317,172)

145,795
52,665
12,686

8,942
(117,833)
34,930
48,156
139,830
(1,294)
(7,352)

127,318
65,877
(52,879)
(33,629)
(337,053)
(203,930)

21,104
149,997
(1,294)
(2,242)

(348,102)
(229,131)
13,892
81,067
39,441
94,142

(583,903)
162,930
378,417
(50,011)
(44,032)
119,005

(348,691)

(17,594)

33.
(a)

2004
20046520042004
20046510
2004

151

2014

33.

(a)

2004
1
(a)(b)
(c)
200430%
12
1%2004
102004

200420145302004

2014

(i)

2013

11

(i)

7.677
6.933

4.927
9.745

40,780
21,456

(830)
(6,072)

8.884
4.783
8.167
4.519
6.628

35,451
9,420
3,040
(551)
(6,580)

1231

7.203

55,334

7.677

40,780

1231

8.635

27,172

11.696

14,525

2004
20134222004

152

2014

33.

(a)

2004
2004

201474
20141231
2015119
201541
20151022
2017715
201874
20181231
20181231
2019930
20191231
20191231
20201231
20201231

2014

15.820
4.920
10.450
12.110
20.090
9.090
4.310
4.920
7.000
7.000
5.070
6.790
7.000
5.100

6,948

2,147
2,569
726
15,135
1,950
15,071
5,890
984
3,264
650

2013

15.820
4.920
10.450
12.110
20.090
9.090
4.310
4.920

5.070
6.790

55,334

1,301
9,937
7,465
450
2,567
2,932
726
7,980

6,328
1,094

40,780

2014201312312004

2004

2014

2013

38,825

12,922

153

2014

33.

(a)

2004

2004

2014

2013

6.65
6.94
52.6%
3.23
0.8%
0.3%

5.57
5.58
52.7%
4.36
0.9%
1.0%

2004628
200420141231
35,409,000201317,220,000.

(b)

2014
20145302014201412312014

(c)

200671410

1236

154

2014

33.

(c)

5%
10,278,00020067141%

2014

11

1231

19.61
6.71
8.60
8.96
10.743

2013

825
2,740
(1,706)
(49)

18.27

18.75
11.38

1,774

(738)
(211)

1,810

19.61

825

2014123112,747,00020133,884,000

34.
(a)

201420131231

(b)

1
15
5

2014

2013

243,368
303,773
11,744

248,935
443,192
31,197

558,885

723,324

201420131231

155

2014

35.
201421133,612,000

201422230,542,000

201432832,323,000

67,087,000

2014211

2014222

2014328

33,612

30,542

32,323

506
1,997

2,827
562

5,539
3,004

10,100
(2,525)

5,640
(1,410)

4,200
(1,050)

10,078
23,534

7,619
22,923

11,693
20,630

33,612

30,542

32,323

170,00020141231
20141231

156

2014

35.

20141231244,909,00031,564,000
2014112014123167.44
7.41

36.

(a)

(b)

2014

2013

8,795

3,675

2014

2013

18,381
7,361

16,184
6,469

25,742

22,653

157

2014

36.

(c)

(d)

2014

2013

4,050
1,484

4,023
965

860
480

500

6,874

5,488

2014

2013

68,986

46,188

2014

2013

20,334
653
36,558

22,138
556
9,362

57,545

32,056

(e)

158

2014

36.

(f)

2014

2013

444

1,428

6,750
900
462

1,872

8,112

4,635
152,106
59,200

4,016

8,688

215,941

12,704

37.

2014121612
52.60
201513012
2004

159

2014

Alpha Talent

Alpha Talent Management Limited


200465

20067142009430201274

0.10

160

2331

www.lining.com

2014

2014

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