( )
( )
( H )439,679,600
( )
( (9)) ( (10))
( (12) (15) (25))
( (22))
(28)
(1)
(
)
- 15 -
( )
( )
(2)
(3)
(4)
(5)
(a)
(
)
( ) ( )
(b)
- 16 -
( )
( )
(6)
- 17 -
( )
( )
(7)
(8)
(a)
(b)
- 18 -
( )
( )
(9)
(a)
(i)
(1) (2)
(3)
( )
( )
- 19 -
( )
( )
(9) ( )
(a) ( )
(i) ( )
( )
(
)
( )
- 20 -
( )
( )
(9) ( )
(a) ( )
(ii)
- 21 -
( )
( )
(9) ( )
(a) ( )
(ii) ( )
(iii)
(1)
(2)
(3)
- 22 -
( )
( )
(9) ( )
(b)
( )
( )
(c)
(d)
- 23 -
( )
( )
(10)
(a)
(b)
(c)
(d)
(e)
(11)
- 24 -
( )
( )
(11) ( )
(a)
(b)
- 25 -
( )
( )
(11) ( )
(c)
(d)
( (18))
(12)
(a)
- 26 -
( )
( )
(12) ( )
(b)
(c) (
(18))
(d)
(13)
( (18))
- 27 -
( )
( )
(14)
(15)
(a)
(b)
(c)
(d)
- 28 -
( )
( )
(15) ( )
(e)
(f)
(
(18))
(16)
( (18))
(17)
- 29 -
( )
( )
(18)
(19)
(a)
- 30 -
( )
( )
(19) ( )
(b)
(c)
- 31 -
( )
( )
(20)
(21)
(22)
(a)
(b)
(c)
- 32 -
( )
( )
(23)
- 33 -
( )
( )
(24)
( )
( )
- 34 -
( )
( )
(25)
( )
(1)
(2)
- 35 -
( )
( )
(25) ( )
(26)
( )
( )
(
)
(27)
(1)
(2)
(3)
- 36 -
( )
( )
(28)
(a)
(i)
(2022
- 37 -
( )
( )
(28) ( )
(a) ( )
(ii)
(iii)
(iv)
( (13) (14) (16))
FYSAM
( (17))
- 38 -
( )
( )
(28) ( )
(a) ( )
(v)
(vi)
(2)
- 39 -
( )
( )
(29)
( 16 ) 2023 1 1
(1)
(2)
( (3)
)
- 40 -
( )
( )
(2)
(a)
(
) 2023 2025 (i)
( ) (
) 2021 2023 (ii)
( ) 2023 2025 (iii)
( ) (
) 2022 2024 (iv)
( ) 2022 2024 (v)
( ) 2021 2023 (vi)
( ) (
) 2022 2024 (vii)
( ) 2021 2023 (viii)
( ) (
) 2023 2025 (ix)
(
) 2023 2025 (x)
( ) (
) 2023 2025 (xi)
( ) 2023 2025 (xii)
( ) 2023 2025 (xiii)
( ) (
) 2023 2025 (xiv)
( )
- 41 -
( )
( )
(2) ( )
(a) ( )
(i) 25%
(ii)
(iii) 25%
(iv) 25%
(v) 25%
(vi) 25%
- 42 -
( )
( )
(2) ( )
(a) ( )
(vii) 25%
(viii) 25%
(ix) 25%
(x) 25%
(xi) 25%
(xii) 25%
- 43 -
( )
( )
(2) ( )
(a) ( )
(xiii) 25%
(xiv) 25%
(2022 )
(xv) 25%
(b)
(
) 2021 2030 (i)
( ) (
) 2021 2030 (i)
( ) 2021 2030 (i)
( ) 2021 2030 (i)
(i)
[2020]23 ) 2021 1 1 2030 12 31
(2022 15%)
- 44 -
( )
( )
(2) ( )
(c)
(
) 5.0% 2.5% (i)
( ) 0% 0% (ii)
(
) 5.0% 2.5%-5.0% (iii)
(i) 25%
(ii) 25%
(2022 )
(iii) 25%
- 45 -
( )
( )
(2) ( )
(d)
( ) 25.82% (i)
(
) 25.82% (i)
C ( C ) 25.82% (i)
( ) 20% (ii)
( ) ( ) 25% (v)
Meadland Limited( Meadland ) 25% (v)
( ) 16.50%
( ) (
) 16.50%
( ) 27%
( ) 27% (iv)
A ( A ) 27% (iv)
( ) 19%
( ) 28.78% (iii)
FYSAM ( FYSAM
) 28.43% (v)
FYSAM ( FYSAM
) 28.43% (v)
FYSAM ( ) (
FYSAM ) 21% (v)
FYSAM ( ) (
FYSAM ) 30% (v)
( ) 32.56%
(i) C
(2022
)
(ii) 3%
- 46 -
( )
( )
(2) ( )
(d) ( )
(iii)
(2022
)
(iv) A
(2022
)
(v)
(2022 )
(3)
(4)
( [2023 ]43 )
- 47 -
( )
(1)
(2)
(3)
(537,039) (159,312)
(a) 2023 12 31 (2022 12 31
)
- 48 -
( )
( )
(3) ( )
(b)
(i)
(ii) 2023 12 31 (2022 12 31
)
(4)
(32,207,227) (17,434,764)
(a)
- 49 -
( )
( )
(4) ( )
(b) 2023 12 31
(c) (2022 )
(d)
(i) 12,684,667 0% 10,640,225 83.88% 6,140,638 0% 6,048,493 98.50%
(ii) 7,147,538,946 100% 21,567,002 0.30% 5,268,807,714 100% 11,386,271 0.22%
- 50 -
( )
( )
(4) ( )
(d) ( )
(i) 2023 12 31
(ii)
(iii) 16,877,904
(e) 2,000,210 (2022 )
- 51 -
( )
( )
(5)
(49))
)
- 52 -
( )
( )
(6)
(a) 44,317,680 30,000,000
( (6)(a)) 12,232,966 3,923,308
- -
(a)
(b)
- 53 -
( )
( )
(6) ( )
(c) ( )
(i) 2023 12 31 2022 12 31
(ii) 2023 12 31 2022 12 31
(d)
- 55 -
( )
( )
(6) ( )
(e) 2023 12 31
A 30,000,000 21% -
B 10,627,700 7% -
C 10,250,600 7% -
D 5,800,000 4% -
E 5,233,099 4% -
(f) 2023 12 31 2022 12 31
(g) 2023 12 31 2022 12 31
(7)
(a)
(2022 12 31 4,381,488 )
(b) 2023 12 31
- 56 -
( )
( )
(8)
(a)
(i)
(b)
(i) 33,206,527 30,968,341 (1,757,773) (12,148,104) 1,140,830 51,409,821
(i)
- 57 -
( )
( )
(8) ( )
(c)
(9)
(10)
(a) 321,400,000 (4,983,757) 316,416,243 321,400,000 (4,983,757) 316,416,243
(b) 28,891,321 - 28,891,321 - - -
(321,400,000) 4,983,757 (316,416,243) - - -
- 58 -
( )
( )
(10) ( )
(a)
( )75%
(b) ( )
(b)
- -
- -
- 321,400,000
- 59 -
( )
( )
(10) ( )
(d) ( )
(11)
( )
(i) 91,054,345 77,566,743
( )
(i) ( )
- 61 -
( )
( )
(12)
(a) 49,880,415 44,564,412
(b) 131,658,014 205,475,901
- -
- 62 -
( )
( )
(13)
(14,504,631) (448,578,176) (11,753,159) (254,066,272) (728,902,238)
(14,504,631) (448,578,176) (11,753,159) (254,066,272) (728,902,238)
(424,248,798) (1,090,823,617) (20,951,992) (469,991,736) (2,006,016,143)
(424,248,798) (1,090,823,617) (20,951,992) (469,991,736) (2,006,016,143)
(27,211,577) (50,352,167) - (9,043,622) (86,607,366)
(27,211,577) (50,352,167) - (9,043,622) (86,607,366)
- 1,046,892 - 527 1,047,419
- 1,046,892 - 527 1,047,419
(1,997,307) (5,052,922) - (811,085) (7,861,314)
)
(i) 2023 12 31 8,611,396 ( 36,069,893
)(2022 12 31 8,534,011 ( 35,554,450 ))
- 65 -
( )
( )
(13) ( )
(ii) 2023 2,006,016,143 (2022
(iii) 2,090,222,176 (2022
(iv) 2023 12 31 (2022 12 31 )
(v) 2023 FYSAM
-3%-9%
(vi)
- 66 -
( )
( )
(14)
FYSAM 166,461,362 (43,840,405) 122,620,957 87,639,274 (11,957,970) 75,681,304
FYSAM 11,873,451 - 11,873,451 29,542,123 - 29,542,123
(i) 2023 33,287,024 (2022 10,908,011 )
- 67 -
( )
( )
(15)
(9,224,391) (13,308,493) (1,124,990) (5,292,616) (28,950,490)
(111,110,986) (3,305,443) (12,336,118) (14,643,804) (141,396,351)
(111,110,986) (3,305,443) (12,336,118) (14,643,804) (141,396,351)
(12,955,607) - (1,455,163) (599,998) (15,010,768)
(28,589,863) - - - (28,589,863)
(28,589,863) - - - (28,589,863)
(2,199,118) - - - (2,199,118)
(a) 2023 FYSAM 28,589,863
(2022 24,236,639 )
- 69 -
( )
( )
(16) ( )
)
(2022 12 31 )
(43))
- 71 -
( )
( )
(17)
(b) 74,942,227 - - 74,942,227
(c) 62,743,810 - - 62,743,810
(
)(d) 11,934,516 - - 11,934,516
(
)(e) 4,086,621 - - 4,086,621
(
)(f) 1,233,339 - - 1,233,339
(a) 2023 12 31 (2022 12 31
)
(b) 2018 12,675,000 ( 80,900,850 )
(c) 1999 7,800,000 (
) 75% 25%
(d) 2006 38,250,000 12,750,000
(e) 2018 223,765,000 100% (
- 72 -
( )
( )
(17) ( )
(f) 2019 66,000,000 100% (
(g)
( )
- 73 -
( )
( )
(18)
(19)
(a)
- 74 -
( )
( )
(19) ( )
(b)
(c)
- 75 -
( )
( )
(19) ( )
(d)
(e)
(646,492,305) 421,037,651 (684,356,988) 405,970,299
(646,492,305) 411,644,693 (684,356,988) 199,322,274
- 76 -
( )
( )
(21)
(22)
(23)
(24)
( 2021 12 31 369,163,076
- 79 -
( )
( )
(25)
(a) 796,708,720 649,668,134
(b) 7,545,755 7,944,485
(c) 12,118,213 2,777,055
(a)
- 121,739,431 (121,739,431) -
(b)
(c)
- 80 -
( )
( )
(26)
(27)
( (6)(b)) 52,810,179 34,297,780
- 81 -
( )
( )
(28)
(
(31)) 118,806,875 117,693,772
(
(30)) 78,109,624 794,744,867
(
(32)) 5,186,054 4,950,887
(a)(b) - 1,227,764,137
(a) 2020 2 13 20
( )MTN001
(b) 2020 4 20 20
MTN002 2.75%
(29)
(a)
- 1,300,000,000
- 6,346,479
- 1,306,346,479
(a)
-22 SCP007 402,477,619 887,232 10,491 (403,375,342) -
-22 SCP008 301,758,952 776,712 10,226 (302,545,890) -
-22 SCP009 301,362,153 1,172,712 25,080 (302,559,945) -
-22 SCP010 300,747,755 1,648,034 49,745 (302,445,534) -
- 82 -
( )
( )
(29) ( )
(a) ( )
-22
(i) SCP007 100 2022 8 24 175 1.76% 400,000,000
-22
(ii) SCP008 100 2022 8 30 177 1.75% 300,000,000
-22
(iii) SCP009 100 2022 9 23 179 1.74% 300,000,000
-22
(iv) SCP010 100 2022 11 4 171 1.74% 300,000,000
(30)
( (28)) (78,109,624) (794,744,867)
- 83 -
( )
( )
(31)
( (28)) (118,806,875) (117,693,772)
(a) 2023 12 31 2022 12 31
(b) 2023 12 31
(32)
( (28)) (5,186,054) (4,950,887)
[2021]993 ) 8,026,154 2033 )
- 84 -
( )
( )
(33)
(a) 671,049,135 144,839,750 (90,917,820) 150,605 725,121,670
(a)
- 85 -
( )
( )
(35)
- 87 -
( )
( )
(37)
(a) 10%
(38)
(349,707,218) (401,545,038)
(3,262,179,415) (2,609,743,532)
(a)
- 89 -
( )
( )
(39)
(a)
(6,221,506,877) (6,136,046,995) (5,045,113,310) (4,971,994,298)
(b)
(2022 34,853,985 )
- 90 -
( )
( )
(39) ( )
(c) 2023 2022
(i) 510,819,743 447,775,365
(i)
(d) 2023 (2022
- 91 -
( )
( )
(40)
(70%-90%)
(41)
- 92 -
( )
( )
(42)
(43)
- 93 -
( )
( )
(44)
(i) 306,340,411 284,355,835
(33,287,024) (10,908,011)
(614,002,388) (262,733,645)
(368,696,286) (1,045,237,867)
(687,401,851) (1,011,336,683)
(i) (
(21))
(45)
(24,423,867) (829,788,155)
(b) 275,284,596 293,145,994
(a) 62,662,366 55,622,775
- 94 -
( )
( )
(45) ( )
(a) (25)
(b)
(46)
(47)
- (1,101,438)
(48)
- 95 -
( )
( )
(49)
(i) (9,802,782) (12,840,733)
(6,507,573) -
- (16,364,000)
(5,512,634) (8,241,996)
(i) (5)
(50)
(1,655,540) (2,033,177)
- 96 -
( )
( )
(51) /( )
(8,906,016) (9,474,181) (8,906,016)
(6,630,089) (9,356,948) (6,630,089)
(2,275,927) (117,233) (2,275,927)
(52)
(53)
- - 21,125,889 -
(54)
- 97 -
( )
( )
(54) ( )
(616,963,144) (478,996,449)
(56,244,404) (216,208,132)
(1,411,024) (6,529,091)
(1,632,756) (3,913,927)
- (9,046,005)
- (11,604,136)
(163,622,305) (89,333,130)
- 98 -
( )
( )
(55)
(a)
( / ) 2.16 1.82
(b)
(2022 )
(56)
(a)
- 99 -
( )
( )
(56) ( )
(b)
(c)
- 145,100,000
(d)
(e)
- 100 -
( )
( )
(56) ( )
(f)
- 16,364,000
(g)
- 3,293,000,000
(h)
- 2,028,439
- 101 -
( )
( )
(57)
(a)
(238,809,256) (623,268,615)
( )/ (15,067,352) 26,958,581
(90,917,820) (84,538,284)
/( ) 230,609,935 (1,107,600,709)
(2,780,290,232) (1,158,638,442)
(12,237,861,555) (14,325,322,160)
/
( ) 1,113,388,083 (2,087,460,605)
- 102 -
( )
( )
(57) ( )
(c)
( (1)) 18,518,172,689 17,019,655,848
(5,130,806,506) (4,742,813,209)
(36,116,545) (38,981,084)
- 104 -
( )
( )
(58)
- 9.0411 - 16,120 8.3941 135,313
( (1)(a)
)
- 105 -
( )
( )
(2)
(a)
- 25%
(b)
- -
(2,989) (2,989)
- 110 -
( )
( )
(2) ( )
(b) ( )
(479,377) (93,325)
(3,710,697) (4,259,342)
- -
- 4,900,000
(c)
- - - -
- 111 -
( )
( )
(2) ( )
(c) ( )
/( ) 2,915,362 (1,490) - (3,121)
(4,424) - - -
/( ) 496,820 12,848,590 - (3,076,253)
- - - -
/( ) 496,820 12,848,590 - (3,076,253)
- - - -
(d) 2023 12 31 (2022
(e)
(1)
(a)
- 112 -
( )
( )
(1) ( )
(b)
(c)
(2)
(1)
(3)
(12) (2)
(4)
(
)
(
)
(
)
( )
( )
- 113 -
( )
( )
(5)
(a)
- 1,569,668
- 6,504
- 114 -
( )
( )
(5) ( )
(b)
- 115 -
( )
( )
(5) ( )
(c)
(6)
(a)
- - 254,397 -
- 1,797,520
- 116 -
( )
( )
(6) ( )
(b)
(7)
- 117 -
( )
(1)
(2)
(2022 12 31 180,278,851 )
- 118 -
( )
(
)
(1)
(a)
(
)
- 119 -
( )
( )
(1) ( )
(a) ( )
(b)
LPR 3,971,500,000
(2022 12 31 285,000,000 )
- 120 -
( )
( )
(2)
(2022 12 31 )
- 121 -
( )
( )
(3)
- 122 -
( )
(1)
- - 91,054,345 91,054,345
- - 1,314,917,637 1,314,917,637
- - 77,566,743 77,566,743
- - 1,138,128,166 1,138,128,166
EBITDA
- 123 -
( )
( )
(2)
(3)
- - 1,306,346,479 1,306,346,479
(
)
- 125 -
( )
( )
(1)
- -
(i)
- -
- -
(ii) 2023 12 31
(iii) (2022 )
(a)
- 126 -
( )
( )
(2)
- 58,170,593
- -
(a)
- 127 -
( )
( )
(2) ( )
(b) ( )
(i) 2023 12 31 2022 12 31
(c)
(d)
(e) 2023 12 31
(f) 2023 12 31 2022 12 31
(3)
(a) 9,651,481,709 8,319,655,394
(b) 49,880,415 44,564,412
(c) 20,060,447 -
- -
- 129 -
( )
( )
(4)
(a)
(b)
(c) 2023
- 133 -
( )
( )
(5)
- (16,364,000)
(10,116,641) (26,148,765)
(i)
- 134 -
( )
(100,067,948)
(1,655,540)
( )
(18,310,357)
( ) (570,844)
-1-
( )
(1) 2023
) 2023 1
(2) 2023 1 2022
-2-
( )
(127,946,902)
( )/ (18,397,177)
(21,045,640)
( ) (931,183)
(1) 2022
-3-
( )
H
(571,458) (563,292) 10,056,302 10,627,760
( )
( / )
(%)
-4-