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36.indb 23 30/3/2009 0:26:19

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2.

(l)

2(o)

(m)

2(o)

(n)

(o)

(i)

(ii)

106

2.

(o)

(ii)

(p)

(i) (ii) (iii) (iv)

(i)

(ii)

(iii)

(iv)

(v)

(i)

(ii)

(iii)

(iv)

(v)

107107

2.

(q)

132.10106.38

(r)

(s)

4.905.24

(t)

36

37

(u)

(v)

(w)

108

2.

(w)

(x)

(y)

(z)

109

3.

200711 74,510 525,293 19,299 619,102 199 725 628 1,552 3,649 43,964 1,460 49,073 (193) (13,464) (968) (14,625) (23) 230 (207) 3,739 19,405 (4) 23,140

20071231 81,881 576,153 20,208 678,242 100 1,014 871 1,985 2,511 40,784 1,584 44,879CDMA 920 1,622 91 2,633 (148) (14,564) (991) (15,703) 174 (174)

20081231 85,264 605,183 21,589 712,036

200711 (16,867) (260,867) (10,931) (288,665) (3,098) (46,409) (2,258) (51,765) 78 11,585 903 12,566 (69) 59 10 (161) (20,928) 3 (21,086)

20071231 (20,117) (316,560) (12,273) (348,950)CDMA (27) (9) (36) (3,436) (46,661) (2,160) (52,257) (36) (24,131) (24,167) 76 11,545 912 12,533 (99) 99

20081231 (23,513) (375,933) (13,431) (412,877)

20081231 61,751 229,250 8,158 299,159

20071231 61,764 259,593 7,935 329,292

110

3.

200711 406 122 528 2 4 6 216 68 69 353 (40) (14) (54) 32 (4) 28

20071231 216 468 177 861 80,852 570,381 19,506 670,739 93 954 755 1,802 2,422 40,647 1,523 44,592CDMA 913 1,511 36 2,460 (148) (14,393) (954) (15,495) 177 (177)

20081231 84,348 599,745 20,866 704,959

200711 (85) (72) (157) (2) (49) (17) (68) 25 13 38 (36) 3 (33)

20071231 (2) (145) (73) (220) (19,769) (313,326) (11,855) (344,950) (3,409) (46,320) (2,090) (51,819) (36) (24,131) (24,167) 76 11,438 884 12,398 (83) 83

20081231 (23,140) (372,567) (13,051) (408,758)

20081231 61,208 227,178 7,815 296,201

20071231 214 323 104 641

111

3.

2(g)3,261.2348.0927.55

56,913 3,578 60,491 259,349 1,231 (2,754) 257,826 7,807 (1) 7,806

324,069 4,809 (2,755) 326,123

241.67239.543CDMA

5.00

112

4.

200711 19,564 249 43,135 306 (49,073) (353)

20071231 13,626 202

46,328 46,024 13,338 (44,879) (44,592) (1,460) (1,447)

20081231 13,615 13,525

5.

2008 2007 2008 2007

CDMA 29,922 29,877

CDMA99.5%CDMA438.00CDMA34.71

113

5.

2,892 (295) 2,597 181 181 23 23 15 11,286 11,301 208 30 238 487 (234) 253 737 737 16 16 1,150 1,150 (385) (385) (5,583) (5,583) (32) (32)

10,496 (5) 29,922

0.84 40,413 (13,223) 3,471 (1,150)

29,511

CDMA

CDMA12%1%

114

5. CDMA61.54CDMACDMACDMA

6.

200711 3,065 3,065 1,637 1,637 (102) (102)

20071231 4,600 4,600 148 148CDMA 63 11,238 11,301 1,460 1,460 (113) (113)

20081231 6,158 11,238 17,396

200711 (1,142) (1,142) (723) (723) 79 79

20071231 (1,786) (1,786) (917) (562) (1,479) (5) (5) 109 109

20081231 (2,599) (562) (3,161)

20081231 3,559 10,676 14,235

20071231 2,814 2,814

115

6.

200711 60 60 8 8

20071231 68 68

4,364 4,364 115 115 1,447 1,447CDMA 51 11,238 11,289 (104) (104)

20081231 5,941 11,238 17,179

200711 (36) (36) (8) (8)

20071231 (44) (44)

(1,628) (1,628) (893) (562) (1,455) (5) (5) 100 100

20081231 (2,470) (562) (3,032)

20081231 3,471 10,676 14,147

20071231 24 24

116

7.

2008 2007

8,435 178,642

2001913 392

2000225

100,000

20011122 0.23

2007815 350

20041015

0.60

200571 500

99.5%

117

8.

2008 2007 2008 2007

330 339 737

552 461

882 800 737

50%

24%

9.

2008 2007 2008 2007

85 177 85

92 97 92

177 274 177

118

10.

2008 2007 2008 2007 2008 2007

726 559 726 559 6,738 1,219 (1,982) (2,222) 4,756 (1,003) 1,424 1,631 (821) (863) 603 768 5,740 5,872 5,740 5,872 (13) (36) (13) (36)

14,628 9,281 (2,816) (3,121) 11,812 6,160

200711

20071231

550 9 559 (ii),(iii) (965) 1,026 (1,064) (1,003) 1,032 (264) 768 (i) 7,690 (169) (1,649) 5,872 (22) (14) (36)

8,285 602 (2,727) 6,160

26

119

10.

200811

CDMA

20081231

559 23 144 726 (1,003) 5,759 4,756 768 (165) 603 (i) 5,872 (132) 5,740 (36) 23 (13)

6,160 23 5,606 23 11,812

26

2008 2007 2008 2007 2008 2007

695 695

6,702 (1,978) 4,724

1,398 (811) 587

5,725 5,725

(13) (13)

14,520 (2,802) 11,718

120

10. 2007123120081231

200811

20081231

527 168 695 (889) 5,613 4,724 631 (44) 587 (i) 5,856 (131) 5,725 (36) 23 (13)

(iv) 6,089 5,606 23 11,718

(i)

(ii) 36.4611.36

(iii) 25%25%

33%25%15%18%20%22%24%25%15%15%25%1.1715.77

(iv) 191.9831.09

121

11.

2008 2007 2008 2007

1,067 1,451 1,043

1,494 1,214 864

2,561 2,665 1,907

12.

2008 2007 2008 2007

17,923 16,796 16,907 157 46 372 248 218

1,112 1,378 1,082 52

19,407 18,422 18,207 255

(2,118) (1,443) (2,022)

17,289 16,979 16,185 255

30

122

12.

2008 2007 2008 2007

1,443 1,522 1,368 CDMA 491 481 1,797 1,361 1,754 (1,613) (1,440) (1,581)

2,118 1,443 2,022

2008 2007 2008 2007

11,282 11,016 11,125 2,170 2,408 2,132 1,514 1,009 1,504 495 304 494

15,461 14,737 15,255 (2,009) (1,313) (1,998)

13,452 13,424 13,257

2008 2007 2008 2007

1,397 1,645 1,008 73 1,210 1,042 1,076 95 834 498 487 47 505 500 381 40

3,946 3,685 2,952 255 (109) (130) (24)

3,837 3,555 2,928 255

123

13.

2008 2007 2008 2007

700 435 698

344 69,239 1,052 261 1,052

CDMA 5 3,471 3,471

836 855 720 88 720 708 649

607 558 492 10

7,386 2,817 7,426 69,337

14.

2008 2007 2008 2007

21,916 17,002 17,546 2,090 5,950 4,425 4,010 3,724

27,866 21,427 21,556 5,814

124

15.

2008 2007 2008 2007

9,693 29,326 9,688

9,979 9,979

63,776 38,441 63,776 10,000

83,448 67,767 83,443 10,000

5.1%4.4%5.1%2.8%2.5%7.5%4.72%3.9%7.3%

125

15.

2008 2007 2008 2007

4.53%7.05%

20201,533 4,113 1,524

1.00%7.55% 2060

877 1,012 877

2.30%3.50% 2040

1,690 1,768 1,690

2.30%4.50% 2032

686 839 686

43 71 43

4,829 7,803 4,820

1 6 1

(i)

19,811 19,811

(ii)

15,000 15,000

(iii)

15,150 15,150 15,150 15,150

39,791 37,959 39,782 30,150

(565) (3,811) (556)

39,226 34,148 39,226 30,150

126

15.

(i) 100.005.3%0.88100.004.15%1.25

(ii) 15.184%150.00

(iii) 15.184%

2008 2007 2008 2007

1 565 3,811 556 12 1,676 699 1,676 23 10,391 983 10,391 34 190 190 190 45 10,081 196 10,081 16,888 32,080 16,888 30,150

39,791 37,959 39,782 30,150

1,282.31368.231,282.31

16.

2008 2007 2008 2007

27,698 23,364 25,271 92 6,387 5,514 6,358 18 373 135 372 1,107

34,458 29,013 33,108 110

127

16.

2008 2007 2008 2007

7,530 5,329 6,939 22 10,289 8,185 9,786 11 6,807 6,381 6,990 7 9,832 9,118 9,393 70

34,458 29,013 33,108 110

17.

2008 2007 2008 2007

1,448 947 1,237 88 1,921 14,445 102 219 102 75 15,452 14,292 14,953 754 23,060 14,744 22,412 107 426 468 426 468CDMA i 13,140 13,089

53,628 30,670 54,140 15,937

(i)

128

18. 10

2008 2007 2008 2007

15,486 20,766 15,486 656 795 617 4,119 4,428 4,111

4,775 5,223 4,728

(2,022) (3,294) (2,022) (2,574) (2,736) (2,535) (4,221) (4,473) (4,216)

11,444 15,486 11,441

4,505 5,646 4,502 6,939 9,840 6,939

11,444 15,486 11,441

55.8469.86

19.

2008 2007

67,054,958,3211.00 67,055 67,05513,877,410,000H1.00 13,877 13,877

80,932 80,932

H

129

20.

(i) (iii) (ii)

200711 (2,804) 10,746 7,357 49,818 11,656 (479) 48,975 125,269 3,148 3,148

200711 (2,804) 10,746 7,357 49,818 14,804 (479) 48,975 128,41710 (1,577) (1,577) 4,809 4,80910 (1,136) (1,136)0.14 64 64 (103) (103)20071231 24,195 24,195 31 (31) (194) 194 (169) 169 30 (6,741) (6,741) (iii) 5,388 (5,388) (2,931) (2,931) 649 (649) (iii) (2,839) 2,839 (1,408) (1,408)

20071231 (2,804) 10,746 11,972 52,367 8,327 (582) 63,563 143,589

0.23 (69) (69) (83) (83)20081231 884 884 127 (127) (562) 562 (132) 132 30 (6,125) (6,125) (iii) (535) (535) (iv) 3,718 (3,718) 425 (425) 1 (5,557) (5,557)

20081231 (2,804) 10,746 11,410 56,085 2,586 (665) 54,746 132,104

130

20.

(i) (iii)

200711 29,168 10,746 49,818 13,249 102,981 20,455 20,455 (iii) 5,388 (5,388) (iii) (2,839) 2,839 30 (6,741) (6,741)

20071231 29,168 10,746 52,367 24,414 116,695 (v) 20,602 20,602 (iii) (iv) 3,718 (3,718) 30 (6,125) (6,125)

20081231 29,168 10,746 56,085 35,173 131,172

(i) (a) (b)11

(ii) 10(i)10(ii)

(iii)

10%50%20.7210%

33.1616%

25%

131

20.

(iv)

(v) 207.70

(vi) 351.73244.1460.6330

21.

2008 2007

(i) 96,331 111,625 (ii) 3,972

(iii) 40,786 31,817 (iv) 16,274 13,208 (v) 10,853 6,573 (vi) 10,231 9,183 (vii) 6,332 5,182 (viii) 2,022 3,294

186,801 180,882

132

21.

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

22.

2008 2007

19,162 17,440 9,784 9,979

28,946 27,419

133

23.

2008 2007

(i) 7,543 6,938 3,009 1,931 42 54 38 42

10,632 8,965

(i)

24. 0.800.470.58

25.

2008 2007

5,753 5,227 * (417) (455)

5,336 4,772 (430) (380) 371 44 (201) (148)

5,076 4,288

* 2.7%7.1% 2.3%6.7%

134

26.

2008 2007

4,792 7,274 21 3210 (5,606) (602)

(793) 6,704

2008 2007

186 30,996

25%200733% (i) 47 10,229 (i) 248 (1,678) (ii) (19) (41) (iii) 660 1,362 (iv) (1,071) (1,966) 10 (iii) 117 (658) (1,319)

(793) 6,704

(i) 15%18%25%200733%

(ii) 12%35%

(iii)

(iv)

135

27.

324 446 68 1,060 1,898 ^ 219 329 46 898 1,492 ^ 108 108 19 235 276 379 58 398 1,111 276 379 57 398 1,110 276 319 58 653 276 379 56 848 1,559 276 379 57 848 1,560 ^ 92 92 19 203 ^ 207 310 43 398 958

150 150 441 441 ^ 50 50 ^ 50 50 ^ 59 59 ^ 100 100 ^ 118 118 ^ 100 100

159 339 52 332 882 85 266 41 183 575 154 394 56 333 937 * 32 165 28 225 * 28 44 14 86

75 75

1,143 2,788 4,328 672 5,696 14,627

^

*

136

27.

324 1,080 66 513 1,983 292 972 60 410 1,734 276 1,127 56 331 1,790 276 1,127 55 331 1,789 * 161 1,013 33 1,962 3,169 * 115 115 230 276 1,127 56 331 1,790 276 1,052 54 410 1,792 276 1,052 55 410 1,793

150 150 200 200 150 150 150 150 500 500

^ 91 202 30 276 599 ^ 15 147 162 ^ 62 212 19 293 116 230 38 152 536 184 349 52 249 834 ^ 50 56 20 126

75 75

1,225 2,790 9,861 594 5,375 19,845

*

^

137

28. 27

2008 2007

3,698 3,768 122

7,588

2008 2007

1,500,0012,000,000 2 2,000,0012,500,000 2

29. 1.68

204.55

30. 0.08560.63

0.0757470.08561.2556.994.26

0.0833020.08567.4162.734.68

138

31. 8.84241.9580,932,368,321

32.

35(a)CDMA

2008 2007 2008 2007

1 830 558 746

12 595 372 561

23 479 305 471

34 380 233 380

808 580 808

3,092 2,048 2,966

36.4518.32

139

32.

2008 2007 2008 2007

629 730 629 53 3,283 2,945 3,282 62

3,912 3,675 3,911 115

764 1,005 764 54 3,857 3,449 3,790 24

4,621 4,454 4,554 78

(a)

(b)

11.95

140

33.

(a)

1.5%5.94%20071.5%7.047%

2008 2007

39,791 38,871 37,959 35,037

0.851.77

141

33. (b)

(i) 10%12

(ii)

142

33. (b)

(ii)

2008

1

12

25 5

83,448 (85,576) (85,576) 39,791 (48,407) (2,498) (3,558) (24,813) (17,538) 34,458 (34,458) (34,458) 53,628 (53,628) (53,628) 164 (164) (164) 40 (40) (22) (18)

211,529 (222,273) (176,346) (3,576) (24,813) (17,538)

2007

1

12

25 5

67,767 (69,258) (69,258) 37,959 (48,524) (5,539) (2,407) (6,178) (34,400) 29,013 (29,013) (29,013) 30,670 (30,670) (30,670) 3,314 (3,314) (3,314) 29 (29) (24) (5)

168,752 (180,808) (137,818) (2,412) (6,178) (34,400)

15

143

33. (b)

(iii)

2008 2007

% %

5.1 83,448 4.4 67,767 4.8 24,012 3.9 7,010

107,460 74,777 5.2 15,779 5.2 30,949

123,239 105,726

87.2% 70.7%

1001.182.07

(iv)

94.2%93.0%97.2%96.4%15

144

34.

28.0%25.6%

35.

(a)

2008 2007

(i) 145 120 (ii) 8,334 8,179 (iii) 2,297 2,266 (iv) 4,536 3,574 (v) 1,190 1,361 (vi) 378 373 (vii) 250 250 (viii) 78 82 (viii) 677 670 (ix) 3,537 2,501CDMA (x) 1,504

CDMA (xi) 107

145

35.

(a)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

(ix) 15

(x) CDMACDMA

(xi) CDMA

2008 2007

372 248 700 435

1,072 683

6,387 5,514 1,448 947 63,776 38,441 15,150 30,150

86,761 75,052

146

35.

(a)

15

12.5%5%13.30

10.6%4.50

CDMACDMA , CDMACDMACDMACDMACDMACDMA28%90%CDMA

CDMACDMACDMACDMACDMACDMA8%

147

35.

(a)

CDMACDMA

(i) CDMA90%

(ii) CDMA

(b)

2008 2007

8,397 13,876 687 594 5,696 5,375

14,780 19,845

(c)

36

148

35.

(d)

(i)

2008 2007

11,257 12,264 4,912 4,121 786 867

149

35.

(d)

(i)

2008 2007

1,112 1,378 4,523 261

5,635 1,639

373 135 13,242 219

13,615 354

(ii)

2008 2007

428 374 2,216 2,726

150

35.

(d)

(ii)

2008 2007

21,674 16,893 5,950 4,425 397 172

28,021 21,490

9,693 29,326 4,829 7,803

14,522 37,129

15

36. 18% 20%

26.4725.47

2.575.61

151

37. 1HH

2.7651.481825%50%75%100%

5.602.782425%50%75%100%

8.3732.852425%50%75%100%

3.462.041.486.89

3.669.98

38.

2

152

38.

2(o)

153

38.

241.673

154

39.

1 23 32 1

1

2

13 15

16

17

18

3 27

39

132391516

40.

155

1231

2008 2007 2006 2005 2004

96,331 111,625 121,689 123,897 121,564 3,972

40,786 31,817 24,348 18,347 14,480 10,231 9,183 7,920 7,741 7,245 2,022 3,294 4,971 6,781 8,458 33,459 24,963 18,557 14,450 10,526

186,801 180,882 177,485 171,216 162,273 53,880 52,607 51,690 49,980 47,362 36,096 29,856 29,487 29,553 26,716 27,935 24,294 22,710 20,241 19,512 28,946 27,419 26,390 25,232 23,432 10,632 8,965 8,208 7,068 5,437 24,167

181,656 143,141 138,485 132,074 122,459

5,145 37,741 39,000 39,142 39,814 (2,755) (1,262) (5,076) (4,288) (4,472) (4,872) (5,318) 5 83 (25) (7) 7 112 215 61 62 29

186 30,996 34,564 34,325 33,270 793 (6,704) (6,919) (6,222) (5,175)

979 24,292 27,645 28,103 28,095

884 24,195 27,562 28,061 28,042 95 97 83 42 53

979 24,292 27,645 28,103 28,095

0.01 0.30 0.34 0.35 0.35

156

1231

2008 2007 2006 2005 2004

299,159 329,292 330,436 330,300 321,519 13,615 13,626 19,563 24,923 30,654 72,064 26,303 28,187 28,774 29,542 28,263 21,649 23,492 19,898 15,984 27,236 22,461 22,179 21,949 20,016

440,337 413,331 423,857 425,844 417,715

176,790 140,245 159,451 159,437 153,694 48,999 47,114 53,609 77,205 100,007

225,789 187,359 213,060 236,642 253,701

213,036 224,521 209,349 187,758 162,601 1,512 1,451 1,448 1,444 1,413

214,548 225,972 210,797 189,202 164,014

440,337 413,331 423,857 425,844 417,715

157

H2002111520021114 (ADSs)100H

728 CHA

2008 H ADS

7.00 2.00 2.89 90.85 26.17 38.05

2008 53% 51%

20081231 80,932,368,321

20081231 2,339

2002111520081231MSCI (MSCI)

158

2008123180,932,368,32180,932,368,3211.0020081231

67,054,958,321 82.85 57,377,053,317 70.89 5,614,082,653 6.94 2,137,473,626 2.64 969,317,182 1.20 957,031,543 1.18

H 13,877,410,000 17.15

80,932,368,321 100.00

H

200812315%H

H

RFS Holdings B.V. 907,191,530 6.54

JPMorgan Chase & Co. 836,933,193 6.03

Barclays PLC 828,576,318 5.97

159

2002 2003516 2003620 2003710 0.00837*2003 200441 200453 2004520 0.0652004 2005421 2005525 2005623 0.0652005 2006420 2006523 2006615 0.0752006 2007426 2007529 2007615 0.0852007 2008428 2008530 2008616 0.0852008 2009423 2009526 2009630 0.085**

* 0.0652002

** 2009526

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