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Operating earnings HK$ Local Currency 1H2016 1H2015 1H2016 1H2015 HK$M HK$M A$M A$M EBITDAF (before items affecting comparability) 1,907 1,938 334 322 Depreciation & Amortisation (590) (764) (103) (127) Adjusted Current Operating Income (ACOI) Retail 1,285 1,401 225 233 Wholesale 874 455 153 76 Corporate (842) (682) (147) (114) Total 1,317 1,174 231 195 Fair value adjustments 65 11 11 2 Net finance costs (113) (432) (20) (72) Income tax expense (372) (260) (65) (43) Operating earnings 897 493 157 82 15 EnergyAustralia

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