<SEC-DOCUMENT>0001292814-13-002312.txt : 20131021
<SEC-HEADER>0001292814-13-002312.hdr.sgml : 20131021
<ACCEPTANCE-DATETIME>20131021150006
ACCESSION NUMBER:		0001292814-13-002312
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20130930
FILED AS OF DATE:		20131021
DATE AS OF CHANGE:		20131021

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASIA PACIFIC WIRE & CABLE CORP LTD
		CENTRAL INDEX KEY:			0001026980
		STANDARD INDUSTRIAL CLASSIFICATION:	DRAWING AND INSULATING NONFERROUS WIRE [3357]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14542
		FILM NUMBER:		131161299

	BUSINESS ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
		BUSINESS PHONE:		886-2-2712-2558

	MAIL ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>apwc20131021_6k.htm
<DESCRIPTION>FORM 6-K
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<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">UNITED STATES</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">Washington, DC 20549</font></b></p>

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<p align=center style="margin:0cm;margin-bottom:6.0pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">FORM 6-K</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:14.0pt;">REPORT OF FOREIGN PRIVATE
ISSUER</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:14.0pt;">PURSUANT TO RULE 13a-16 OR
15d-16 OF THE</font></b></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:14.0pt;">SECURITIES EXCHANGE ACT OF 1934</font></b></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">For the month of October 2013</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Commission file number 1-14542</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:16.0pt;">ASIA PACIFIC WIRE &amp; CABLE</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;"><br>
</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:16.0pt;">CORPORATION LIMITED</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">(Exact name of Registrant as specified in
its charter)</font></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Bermuda</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">(Jurisdiction of incorporation or
organization)</font></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;">7/Fl. B, No. 132</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Min-Sheng East Road, Sec. 3<br>
 Taipei, 105, Taiwan<br>
 Republic of China</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:8.0pt;">(Address of principal executive offices)</font></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></b></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.</font></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">&nbsp;</font></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Form 20-F </font><font face=wingdings lang=EN-US style="font-size:10.5pt;">x&nbsp;</font><font face="Times New Roman" lang=EN-US style="font-size:10.5pt;"> </font><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Form 40-F </font><font face=wingdings lang=EN-US style="font-size:10.5pt;">&#168;&nbsp;</font></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">&nbsp;</font></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </font><font face=wingdings lang=EN-US style="font-size:10.5pt;">&#168;&nbsp;</font></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </font><font face=wingdings lang=EN-US style="font-size:10.5pt;">&#168;&nbsp;</font></p>





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<P style="TEXT-INDENT: 36pt; MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Attached hereto as Exhibit 99.1 and filed as part of this report is the press release issued by the Registrant on October 16, 2013 reporting its unaudited financial results for the first half of 2013. </FONT></P>

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   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">Exhibit 99.1</FONT></P></A></TD>

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   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=#000000 face="Times New Roman">Press Release, dated October 16, 2013, reporting unaudited financial results for the first half of 2013.</FONT></P></A></TD></TR></TABLE></DIV>

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<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">&nbsp;</font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:10.5pt;">Signature </font></b></p>

<p align=center style="margin:0cm;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized. </font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="width:100%;">
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  <p style="margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
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  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">ASIA PACIFIC WIRE &amp; CABLE
  CORPORATION LIMITED</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">By: </font><u><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">/s/ Yuan Chun Tang</font></u><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;&nbsp;</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Name: Yuan Chun Tang&nbsp;</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Title: Chief Executive Officer</font></p>
  <p style="margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
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  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Date: October 21, 2013</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99_1.htm
<DESCRIPTION>ASIA PACIFIC WIRE AND CABLE COMPANY REPORTS FIRST HALF 2013 FINANCIAL RESULTS
<TEXT>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Exhibit 99.1</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 16pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire and Cable Company Reports <BR>First Half 2013 Financial Results <BR><BR></FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>TAIPEI, Taiwan, October 16, 2013 (GLOBE NEWSWIRE)</FONT></B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif> -- Asia Pacific Wire &amp; Cable Corporation Limited (NASDAQ: APWC) ("APWC" or the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in the Asia-Pacific region, today announced the Company&#8217;s financial results for the six months ended June 30, 2013. </FONT></P>

<P style="MARGIN: 0cm 0cm 10pt"><B><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Financial Summary </FONT></B></P>

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   <P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>1H 2013 Financial Results</FONT></B></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD vAlign=top width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US color=black face=Calibri,sans-serif>1H 2013</FONT></B></P></TD>

   <TD vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US color=black face=Calibri,sans-serif>1H 2012</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: 1pt inset; BORDER-LEFT: 1pt inset; BORDER-TOP: 1pt inset" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US color=black face=Calibri,sans-serif>CHANGE</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Revenues </FONT></P></TD>

   <TD vAlign=top width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$212.6 million</FONT></P></TD>

   <TD vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$215.3 million</FONT></P></TD>

   <TD style="BORDER-BOTTOM: 1pt inset; BORDER-LEFT: 1pt inset; BORDER-TOP: 1pt inset" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-1.2%</FONT></P></TD></TR>

<TR style="HEIGHT: 14.85pt">

   <TD style="BORDER-BOTTOM: 1pt inset; HEIGHT: 14.85pt; BORDER-TOP: 1pt inset; BORDER-RIGHT: 1pt inset" vAlign=top width="36%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Gross Profit</FONT></P></TD>

   <TD style="HEIGHT: 14.85pt" vAlign=top width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$19.7 million</FONT></P></TD>

   <TD style="HEIGHT: 14.85pt" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$22.8 million</FONT></P></TD>

   <TD style="BORDER-BOTTOM: 1pt inset; BORDER-LEFT: 1pt inset; HEIGHT: 14.85pt; BORDER-TOP: 1pt inset" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-13.3%</FONT></P></TD></TR>

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   <TD style="BORDER-BOTTOM: 1pt inset; BORDER-TOP: 1pt inset; BORDER-RIGHT: 1pt inset" vAlign=top width="36%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net Income </FONT></P></TD>

   <TD vAlign=top width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$1.3 million</FONT></P></TD>

   <TD vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$5.3 million</FONT></P></TD>

   <TD style="BORDER-BOTTOM: 1pt inset; BORDER-LEFT: 1pt inset; BORDER-TOP: 1pt inset" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-75.9%</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>EPS </FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$0.09 </FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$0.38</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="LINE-HEIGHT: 14pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-76.3%</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>* Earnings per share are based on 13.8 million and 13.8 million shares in 1H 2012 and 1H 2013, respectively.</FONT></I></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><B><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>First Half 2013 Results</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Revenues for the six months ended June 30, 2013 were $212.6 million, an approximate 1.2% decrease from the prior period.&nbsp; The slight decrease in sales was attributed to a decrease in the Company&#8217;s manufactured products which include; enameled wire, telecommunications cable and power cables.&nbsp; Power cable sales in Thailand were the primary cause of the decrease in sales year over year mainly due to slowdown in customers&#8217; orders. Sales of telecommunications cable and enameled wire remained relatively flat year-over-year.&nbsp; Offsetting these declines were double digit increases in the sales of distributed products which increased by 71% to $27.8 million, and the revenue recognition of contracts for Supply, Delivery and Installation (&#8220;SDI&#8221;) of cable which increased by 337% to $7.1 million for the period. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Combined gross profit for the first half of 2013 fell by 13.3% to $19.7 million from $22.8 million in the year-ago period.&nbsp; Gross margins for the six month ended June 30<SUP>th </SUP>in 2013 and 2012, were 9.3% and 10.6%, respectively. Gross margins were down 129 basis points year-over-year as a result of the increase of inventory provision due to decreasing copper prices. Excluding the inventory provision, gross margins were 9.6% and 9.3% for the first half of 2013 and 2012, respectively.</FONT><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US color=red face=Calibri,sans-serif> &nbsp;</FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Selling, general and administrative expenses for the first six months decreased 6% to $14.5 million due to expense reductions in response to lower sales.&nbsp; Operating income was $4.7 million compared to $11 million in the first half of 2012.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net income attributable to APWC shareholders was $1.3 million for the first half of 2013 compared to $5.3 million in the corresponding period in 2012. Earnings per basic and diluted share were $0.09 for the period, compared to $0.38 in the first six months of 2012. The basic and diluted weighted average shares outstanding were 13.8 million for the first half of 2012 and 2013.&nbsp; </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt"><B><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Financial Condition</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>As of June 30, 2013, APWC had $59.3 million in cash and cash equivalents, $2.9 million in unrestricted short-term bank deposits, and $10.8 million in restricted short-term bank deposits, totaling $73.0 million, compared to cash and cash equivalents and unrestricted and restricted bank deposits totaling $90.2 million as of December 31, 2012. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Total current assets were $306.2 million at June 30, 2013 compared to $330.2 million at December 31, 2012. Working capital was $177.3 million as June 30, 2013, compared to $183.7 million at December 31, 2012.&nbsp; APWC</FONT><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US color=red face=Calibri,sans-serif> </FONT><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>ended June 30, 2013 with total short term bank loans and overdrafts of $54.1 million, down from $57.8 million at December 31, 2012. The Company had no long term debt outstanding at June 30, 2013. Shareholders' equity attributable to APWC was $157.6 million at June 30, 2013 compared to $161.7 million at December 31, 2012. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>APWC used approximately $6.6 million of cash for operating activities during the first six months of 2013, a reduction of $9.8 million compared to $16.4 million of cash outflows from operations in the corresponding period in 2012. The Company had</FONT><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US color=red face=Calibri,sans-serif> </FONT><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>capital expenditures of $5.7 million in the first half of 2013 compared to $4.5 million in the first half of 2012.</FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Business Updates</FONT></B></P>

<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire and Cable&#8217;s newly opened Ningbo factory has finished test runs and started trial production of electronic wire.&nbsp;&nbsp;The target markets for APWC&#8217;s electronic wire are in consumer electronics and automotive industries;&nbsp;both are fast-growing manufacturing sectors in China.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>APWC&#8217;s subsidiary in Shenzhen, China, is constructing a new factory to partially switch its target market from originally predominated export sales to domestic sales.&nbsp; The new factory is planned for completion before the end of 2013 and to start commercial production in February 2014.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>The company will inject $2.5 million into its subsidiary in Shanghai, China before the end of this month.&nbsp; The increased capital is mainly deployed for replacing out-of-date machinery, thus increase efficiency and lowering production cost to increase its competitiveness.&nbsp; The funds were also used to reduce bank loans.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 16pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>About Asia Pacific Wire &amp; Cable Corporation</FONT></B></P>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire &amp; Cable Corporation is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. The Company manufactures and distributes its own wire and cable products and also distributes wire and cable products ("Distributed Products") manufactured by its principal shareholder, Pacific Electric Wire &amp; Cable Company, a Taiwanese company ("PEWC"). The Company also provides project engineering services in the supply, delivery and installation ("SDI") of power cables to certain of its customers. For more information on the Company, visit http://www.APWCC.com. Information on the Company's Web site or any other Web site does not constitute a portion of this release.</FONT></P>

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<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Safe Harbor Statement</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><I><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>This release contains certain "forward-looking statements" relating to the Company, its business, and its subsidiary companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes", "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.</FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Contact:</FONT></B></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Company Contact:</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire &amp; Cable Corporation Limited</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Mr. Ivan Hsia, CFO</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Phone: +886-2-2712-2558 ext. 27</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=PT-BR face=Calibri,sans-serif>E-mail: </FONT><U><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=PT-BR color=blue face=Calibri,sans-serif>ivan.hsia@apwcc.com</FONT></U></P>

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<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Investor Relations Contact:</FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>MZ North America<BR>John Mattio, SVP<BR>Tel: +1-212-301-7130<BR>Email: <FONT style="COLOR: #0000ff"><U>john.mattio@mzgroup.us</U></FONT></FONT></P>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; COLOR: #0000ff; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif><U>www.mzgroup.us</U></FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>CONSOLIDATED STATEMENTS OF OPERATIONS</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(Amounts in thousands of US Dollars, except share data)</FONT></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 19.75pt; PADDING-TOP: 0cm" vAlign=bottom width="20%" colSpan=2>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 50.4pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 50.4pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Manufactured products (sales to related parties amounted to $1,002 and $1,187 for the six-month ended June 30, 2012 and 2013, respectively)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 50.4pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$197,436 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 50.4pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 50.4pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$177,771 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Distributed products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>16,230 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>27,750</FONT></P></TD></TR>

<TR style="HEIGHT: 25.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Supply, delivery and installation of wires and cables</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,628</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>7,116</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>215,294 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>212,637</FONT></P></TD></TR>

<TR style="HEIGHT: 51pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 51pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Cost of sales (purchases from related parties amounted to$22,952 and $20,952 for the six-month ended June 30, 2012 and 2013, respectively)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 51pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(192,544)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 51pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 51pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(192,914)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Gross profit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>22,750 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>19,723</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Selling, general and administrative expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(15,525)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(14,535)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Allowance for doubtful accounts </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(39)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(65)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Charge related to flooding </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(749)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Impairment of investment </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(464)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Recovery of losses from flooding </FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,611</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>40</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Income from operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,048</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,699</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Exchange gain (loss), net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>665</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(378)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Interest income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>659</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>768</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Interest expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(988)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(951)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Gain on disposal of an investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>554</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Share of net gain (loss) of equity investees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif>2</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(47)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Other income, net</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>481</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Income before income taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>12,422</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>5,126</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Income taxes expense</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(3,780)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(1,757)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>8,642</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>3,369</FONT></P></TD></TR>

<TR style="HEIGHT: 26.4pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.4pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Less: Net income attributable to non-controlling interests</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.4pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(3,348)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.4pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.4pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(2,092)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net income attributable to APWC</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>5,294</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,277</FONT></P></TD></TR>

<TR style="HEIGHT: 17.4pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.4pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Basic and diluted earnings per share</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.4pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0.38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.4pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.4pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0.09</FONT></P></TD></TR>

<TR style="HEIGHT: 30pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Basic and diluted weighted average common shares outstanding </FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>13,830,769 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="20%" colSpan=2>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>13,821,612 </FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV></DIV>

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<a name="_bclHeader5"></a><DIV>

<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

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<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 185.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 185.8pt; PADDING-TOP: 0cm" width="99%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(Unaudited)</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(Amounts in thousands of US Dollars, except share data)</FONT></P></TD></TR>

<TR style="HEIGHT: 18.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="39%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>For the six-month</FONT></B></P></TD></TR>

<TR style="HEIGHT: 18.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="39%" colSpan=3 noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>ended June 30,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 18.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="1%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>2013 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 18.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net income</FONT></P>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Other comprehensive income (loss)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$8,642</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="1%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$3,369</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt 11pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Currency translation adjustment, net of tax of nil</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>389 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(7,075)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="TEXT-INDENT: 10pt; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Pension liability adjustments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>158</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt 11pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Reclassification of unrealized loss of available-for-sale securities upon disposal or impairment</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>464</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Other comprehensive income (loss) for the period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>399</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(6,453)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total comprehensive income (loss) for the period</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>9,041</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(3,084)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Less: total comprehensive income attributable to non-controlling interest</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #aeaaaa 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(2,546)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #aeaaaa 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(1,029)</FONT></P></TD></TR>

<TR style="HEIGHT: 25.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total comprehensive income (loss) attributable to APWC shareholders</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,495</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(4,113)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="1%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_6"></A>

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<a name="_bclHeader6"></a><DIV>

<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 32.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 32.25pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>CONSOLIDATED BALANCE SHEETS</FONT></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(In thousands of US Dollars, except share data)</FONT></P></TD></TR>

<TR style="HEIGHT: 34.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>As of December 31,2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>As of June 30,2013, (Unaudited) </FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%" noWrap>

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>ASSETS</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Current assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$72,816</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$59,312</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Unrestricted short-term bank deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,898</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Restricted short-term bank deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,217</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>10,799</FONT></P></TD></TR>

<TR style="HEIGHT: 27.6pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: white; HEIGHT: 27.6pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Accounts receivable, net of allowance for</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.6pt; PADDING-TOP: 0cm" rowSpan=3 width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>125,128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.6pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.6pt; PADDING-TOP: 0cm" rowSpan=3 width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>105,620</FONT></P></TD></TR>

<TR style="HEIGHT: 24pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: white; HEIGHT: 24pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp; doubtful accounts of $2,580 and $2,499 as at</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 42pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: white; HEIGHT: 42pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>December 31, 2012 and June 30, 2013, respectively</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 42pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Amounts due from related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,066</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,692</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Inventories</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Distributed products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>12,780</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,122</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Finished products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>40,589</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>46,560</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Work-in-progress</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>19,743</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>16,515</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp; Raw materials and supplies</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>25,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>39,325</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>98,521</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>113,522</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>3,134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,978</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Prepaid expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,738</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,401</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Short - term investment in held-to-maturity securities </FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,378</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>0</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total current assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>330,208</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>306,222</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Property, plant and equipment:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Land</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,194</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>5,973</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Land use rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,914</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,952</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>52,372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>51,216</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Machinery and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>122,584</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>116,710</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Motor vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,336</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,400</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,830</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,668</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Construction in progress</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,998</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>7,081</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>200,228</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>195,000</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Accumulated depreciation and impairment losses</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(149,832)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(142,948)</FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>50,396</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>52,052</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,002</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>985</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Investments in equity investees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,414</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>3,085</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Other assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>889</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>182</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Deferred tax assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,475</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,514</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>8,780</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,766</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$389,384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$365,040</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; LAYOUT-GRID-MODE: char; FONT-SIZE: 10pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV></DIV>

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<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>LIABILITIES AND EQUITY</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-TOP: #d7e7b8 1pt solid; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-TOP: #d7e7b8 1pt solid; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="BORDER-LEFT: #d7e7b8 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Current liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Bank loans and overdrafts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>57,845 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>54,145 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Accounts payable</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>40,616 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>33,919</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>13,499 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,356</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Amounts due to related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,428 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>13,304</FONT></P></TD></TR>

<TR style="HEIGHT: 25.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Short-term loans from the immediate holding company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,732 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,732 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Income tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>11,225 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>9,694</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp;Other current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>10,149 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,812</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>146,494 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>128,962</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Non-current liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Other non-current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,060 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>6,183 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,219</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>2,278</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>8,279</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>8,461</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>154,773</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>137,423</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Commitments and contingencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Shareholders' equity:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="TEXT-INDENT: 15pt; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Common shares, $0.01 per share:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD></TR>

<TR style="HEIGHT: 25.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="TEXT-INDENT: 25pt; MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Authorized shares of 50,000,000 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>138 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>138 </FONT></P></TD></TR>

<TR style="HEIGHT: 63pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 63pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Issued shares: 13,830,769</FONT></P>

   <P style="TEXT-INDENT: 25pt; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Outstanding shares:</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt 33pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Jun 30, 2013 &#8211; 13,819,669 shares </FONT></P>

   <P style="MARGIN: 0cm 0cm 10pt 33pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Dec 31, 2012 &#8211; 13,828,869 shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 63pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 63pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 63pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Additional paid-in capital</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>110,608 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>110,608 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Retained earnings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>45,553 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>46,830</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Treasury shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(38)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Accumulated other comprehensive income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>5,424</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>33</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total APWC shareholders' equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>161,717</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>157,571</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Non-controlling interests</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>72,894</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>70,046</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>234,611</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>227,617</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Total liabilities and equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$389,384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="3%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$365,040</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

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<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 33pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 33pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

<TR style="HEIGHT: 24.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</FONT></P></TD></TR>

<TR style="HEIGHT: 24.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(Unaudited)</FONT></P></TD></TR>

<TR style="HEIGHT: 27.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(In thousands of U.S. Dollars)</FONT></P></TD></TR>

<TR style="HEIGHT: 32.25pt">

   <TD style="BORDER-LEFT: #d7e7b8 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 32.25pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 32.25pt; PADDING-TOP: 0cm" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>For the six-month</FONT></B></P></TD></TR>

<TR style="HEIGHT: 25.2pt">

   <TD style="BORDER-LEFT: #d7e7b8 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.2pt; PADDING-TOP: 0cm" width="40%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>ended June 30,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" vAlign=bottom width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=black face=Calibri,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 10pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" lang=EN-US color=black face=Calibri,sans-serif>2013</FONT></B></P></TD></TR>

<TR style="HEIGHT: 31.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net cash (used in) operating activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>($16,409)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>($6,600)</FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net cash provided by (used in) investing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(10,790)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>1,757</FONT></P></TD></TR>

<TR style="HEIGHT: 27pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net cash provided by (used in) financing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>4,373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(8,253)</FONT></P></TD></TR>

<TR style="HEIGHT: 31.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Effect of exchange rate changes on cash and cash equivalents</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>381</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 31.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(408)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.2pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Net (decrease) in cash and cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: white; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.2pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>&nbsp; equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(22,445)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>(13,504)</FONT></P></TD></TR>

<TR style="HEIGHT: 27.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Cash and cash equivalents at beginning of period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>76,672</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: white; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=simsun>&#12288;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>72,816</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>Cash and cash equivalents at end of period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$54,227</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif>$59,312</FONT></P></TD></TR>

<TR style="HEIGHT: 16.8pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="60%">

   <P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.8pt; PADDING-TOP: 0cm" width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 10pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face=Calibri,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

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