|        |
|--------|
|        |  |
|   |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|        |
|--------|
|        |  |
|   |   |

----

|        |
|--------|
|        |  |
|   |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |  |
|                                              | NOTES | 2014 | 2013 |
|                                              |   | HK$'000 | HK$'000 |
|                                              |   |   |   |
| Turnover                                          | 7 | 14,229,177 | 10,841,166 |
| Cost of sales                                     |   | (9,179,551) | (7,661,808) |
|                                              |   |   |   |
| Gross profit                                      |   | 5,049,626 | 3,179,358 |
| Other income                                      |   | 86,078 | 31,774 |
| Selling and distribution expenses                 |   | (1,161,244) | (898,478) |
| General and administrative expenses               |   | (620,715) | (560,845) |
| Research and development expenses                 | 9 | (1,148,382) | (948,295) |
| Other gains and losses                            | 10 | 112,012 | (7,420) |
| Other expenses                                    | 11 | (168,400) | (104,521) |
| Finance costs                                     | 12 | (120,512) | (18,563) |
|                                              |   |   |   |
| Profit before taxation                            |   | 2,028,463 | 673,010 |
| Income tax expense                                | 13 | (428,509) | (114,421) |
|                                              |   |   |   |
| Profit for the year, attributable to owners of    |   |   |   |
| the Company                                       | 14 | 1,599,954 | 558,589 |
|                                              |   |   |   |
| Other comprehensive (expense) income              |   |   |   |
| - exchange differences on translation of          |   |   |   |
| foreign operations, which may be reclassified     |   |   |   |
| subsequently to profit or loss                    |   | (299,755) | 93,807 |
| - remeasurement of defined benefit retirement     |   |   |   |
| plans, net of tax, which will not be reclassified |   |   |   |
| to profit or loss                                 | 35 | (52,820) | 12,108 |
|                                              |   |   |   |
| Other comprehensive (expense) income for the year |   | (352,575) | 105,915 |
|                                              |   |   |   |
| Total comprehensive income for the year,          |   |   |   |
| attributable to owners of the Company             |   | 1,247,379 | 664,504 |
|                                              |   |   |   |
| Earnings per share                                | 18 |   |   |
| - Basic                                           |   | HK$3.99 | HK$1.40 |
|                                              |   |   |   |
| - Diluted                                         |   | HK$3.98 | HK$1.40 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                            |
|--------------------------------------------|
|                                            |  |  |  |
|                                       | NOTES | 2014 | 2013 |
|                                       |   | HK$'000 | HK$'000 |
| Non-current assets                         |   |   |   |
| Property, plant and equipment              | 19 | 2,073,489 | 2,000,800 |
| Investment property                        | 20 | 68,467 | 70,215 |
| Goodwill                                   | 21 | 405,652 | - |
| Intangible assets                          | 23 | 627,338 | 9,650 |
| Prepaid lease payments                     | 24 | 25,587 | 26,983 |
| Pledged bank deposits                      | 25 | 506 | 213,866 |
| Deposits paid for acquisition of property, |   |   |   |
| plant and equipment                        |   | 22,336 | 61,490 |
| Rental deposits paid                       | 27 | 7,332 | 16,719 |
| Deferred tax assets                        | 36 | 317,448 | 242,427 |
| Other non-current assets                   |   | 108,124 | 79,459 |
|                                       |   |   |   |
|                                       |   | 3,656,279 | 2,721,609 |
|                                       |   |   |   |
| Current assets                             |   |   |   |
| Inventories                                | 26 | 3,886,140 | 3,236,119 |
| Trade and other receivables                | 27 | 4,119,540 | 3,115,798 |
| Prepaid lease payments                     | 24 | 941 | 974 |
| Derivative financial instruments           | 28 | - | 4,225 |
| Income tax recoverable                     |   | 48,296 | 65,152 |
| Pledged bank deposits                      | 25 | 191,306 | - |
| Bank balances and cash                     | 29 | 2,593,756 | 1,596,592 |
|                                       |   |   |   |
|                                       |   | 10,839,979 | 8,018,860 |
|                                       |   |   |   |
| Current liabilities                        |   |   |   |
| Trade and other payables                   | 30 | 2,918,458 | 2,151,810 |
| Derivative financial instruments           | 28 | 9,297 | - |
| Provisions                                 | 31 | 354,170 | 348,901 |
| Income tax payable                         |   | 325,315 | 251,781 |
| Bank borrowings                            | 32 | 151,379 | 550,778 |
|                                       |   |   |   |
|                                       |   | 3,758,619 | 3,303,270 |
|                                       |   |   |   |
| Net current assets                         |   | 7,081,360 | 4,715,590 |
|                                       |   |   |   |
|                                       |   | 10,737,639 | 7,437,199 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                              |
|----------------------------------------------|
|                                              |  |  |  |
|                                         | NOTES | 2014 | 2013 |
|                                         |   | HK$'000 | HK$'000 |
| Capital and reserves                         |   |   |   |
| Share capital                                | 33 | 40,252 | 40,063 |
| Dividend reserve                             |   | 523,274 | 200,317 |
| Other reserves                               |   | 7,641,668 | 6,840,885 |
|                                         |   |   |   |
| Equity attributable to owners of the Company |   | 8,205,194 | 7,081,265 |
|                                         |   |   |   |
| Non-current liabilities                      |   |   |   |
| Convertible bonds                            | 37 | 2,164,204 | - |
| Retirement benefit obligations               | 35 | 150,147 | 83,133 |
| Provisions                                   | 31 | 61,360 | 85,224 |
| Bank borrowings                              | 32 | 16,159 | 145,384 |
| Deferred tax liabilities                     | 36 | 95,870 | 5,783 |
| Other liabilities and accruals               | 30 | 44,705 | 36,410 |
|                                         |   |   |   |
|                                         |   | 2,532,445 | 355,934 |
|                                         |   |   |   |
|                                         |   | 10,737,639 | 7,437,199 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                                                                                                      |
|--------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                      |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                 |   | Attributable to owners of the Company |   |   |   |   |   |   |   |   |   |
|                                                                                                                                 |   |   | Employee | Shares |   |   | Convertible |   |   |   |   |
|                                                                                                                                 |   |   | share-based | held for | Capital |   | bonds |   |   |   |   |
|                                                                                                                                 | Share | Share | compensation | share award | redemption | Capital | equity | Translation | Retained | Dividend |   |
|                                                                                                                                 | capital | premium | reserve | scheme | reserve | reserve | reserve | reserve | profits | reserve | Total |
|                                                                                                                                 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                                                                                                                                 |   |   |   | (Note 34) |   |   |   |   |   |   |   |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |
| At 1 January 2013                                                                                                                    | 39,925 | 825,265 | - | - | 155 | 72,979 | - | (38,723) | 5,537,300 | 119,773 | 6,556,674 |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |
| Profit for the year                                                                                                                  | - | - | - | - | - | - | - | - | 558,589 | - | 558,589 |
| Exchange differences on translation of foreign operations, which may be reclassified subsequently to profit or loss                  | - | - | - | - | - | - | - | 93,807 | - | - | 93,807 |
| Remeasurement of defined benefit retirementplans, net of tax (note 35) , which will not be reclassified to profit or loss            | - | - | - | - | - | - | - | - | 12,108 | - | 12,108 |
| Total comprehensive income for the year                                                                                              | - | - | - | - | - | - | - | 93,807 | 570,697 | - | 664,504 |
| Sub-total                                                                                                                            | 39,925 | 825,265 | - | - | 155 | 72,979 | - | 55,084 | 6,107,997 | 119,773 | 7,221,178 |
| Recognition of equity-settled share-based payments                                                                                   | - | - | 142,418 | - | - | - | - | - | - | - | 142,418 |
| Purchase of shares under the Employee Share Incentive Scheme                                                                    | - | - | - | (22,822) | - | - | - | - | - | - | (22,822) |
| Purchase of shares under the Employee ShareIncentive Scheme                                                                          | - | - | (22,822) | 22,822 | - | - | - | - | - | - | - |
| Shares issued under the Employee Share Incentive Scheme                                                                         | 138 | 119,458 | (119,596) | - | - | - | - | - | - | - | - |
| 2012 final dividend paid                                                                                                             | - | - | - | - | - | - | - | - | - | (119,773) | (119,773) |
| 2013 interim dividend paid                                                                                                           | - | - | - | - | - | - | - | - | (139,736) | - | (139,736) |
| 2013 final dividend proposed                                                                                                         | - | - | - | - | - | - | - | - | (200,317) | 200,317 | - |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |
| At 31 December 2013 and 1 January 2014                                                                                               | 40,063 | 944,723 | - | - | 155 | 72,979 | - | 55,084 | 5,767,944 | 200,317 | 7,081,265 |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |
| Profit for the year                                                                                                                  | - | - | - | - | - | - | - | - | 1,599,954 | - | 1,599,954 |
| Exchange differences on translation of foreign operations, which may be reclassified subsequently to profit or loss        | - | - | - | - | - | - | - | (299,755) | - | - | (299,755) |
| Remeasurement of defined benefit retirement plans, net of tax (note 35) , which will not be reclassified to profit or loss | - | - | - | - | - | - | - | - | (52,820) | - | (52,820) |
| Total comprehensive income for the year                                                                                              | - | - | - | - | - | - | - | (299,755) | 1,547,134 | - | 1,247,379 |
| Sub-total                                                                                                                            | 40,063 | 944,723 | - | - | 155 | 72,979 | - | (244,671) | 7,315,078 | 200,317 | 8,328,644 |
| Recognition of equity-settled share-based payments                                                                              | - | - | 146,300 | - | - | - | - | - | - | - | 146,300 |
| Purchase of shares under the Employee Share Incentive Scheme                                                                    | - | - | - | (15,858) | - | - | - | - | - | - | (15,858) |
| Shares vested under the Employee Share Incentive Scheme                                                                         | - | - | (15,858) | 15,858 | - | - | - | - | - | - | - |
| Shares issued under the Employee ShareIncentive Scheme                                                                               | 189 | 130,253 | (130,442) | - | - | - | - | - | - | - | - |
| Recognition of equity component of convertible bonds (note 37)                                                                  | - | - | - | - | - | - | 266,932 | - | - | - | 266,932 |
| 2013 final dividend paid                                                                                                             | - | - | - | - | - | - | - | - | - | (200,317) | (200,317) |
| 2014 interim dividend paid                                                                                                           | - | - | - | - | - | - | - | - | (320,507) | - | (320,507) |
| 2014 final dividend proposed                                                                                                         | - | - | - | - | - | - | - | - | (523,274) | 523,274 | - |
|                                                                                                                                 |   |   |   |   |   |   |   |   |   |   |   |
| At 31 December 2014                                                                                                                  | 40,252 | 1,074,976 | - | - | 155 | 72,979 | 266,932 | (244,671) | 6,471,297 | 523,274 | 8,205,194 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                                                     |
|-------------------------------------------------------------------------------------|
|                                                                                     |  |  |
|                                                                                | 2014 | 2013 |
|                                                                                | HK$'000 | HK$'000 |
| Operating activities                                                                |   |   |
| Profit before taxation                                                              | 2,028,463 | 673,010 |
| Adjustments for:                                                                    |   |   |
| Depreciation                                                                        | 386,788 | 413,289 |
| Release of prepaid lease payments                                                   | 941 | 974 |
| Amortization of intangible assets                                                   | 27,909 | 10,157 |
| Release of land license fee                                                         | 2,216 | 2,970 |
|     Loss on disposal/write-off of property, plant and equipment | 1,169 | 11,160 |
| Loss (gain) on fair value change of derivative financial instruments                | 15,781 | (1,818) |
| Warranty provision expenses                                                         | 248,147 | 275,971 |
| Other expenses                                                                      | 168,400 | 104,521 |
| Share-based payments under the Employee Share Incentive Scheme                      | 146,300 | 142,418 |
| Interest income                                                                     | (8,794) | (3,273) |
| Interest expense                                                                    | 120,512 | 18,563 |
| Effect of foreign exchange rate changes on inter-company balances                   | (73,988) | 14,649 |
|                                                                                |   |   |
| Operating cash flows before movements in working capital                            | 3,063,844 | 1,662,591 |
| Increase in pledged bank deposits                                                   | (3,472) | - |
| Increase in inventories                                                             | (533,820) | (324,704) |
| (Increase) decrease in trade and other receivables                                  | (818,486) | 77,948 |
| (Increase) decrease in other non-current assets                                     | (3,321) | 376 |
| Increase in trade and other payables                                                | 401,625 | 107,071 |
| Increase in other liabilities and accruals                                          | 4,093 | 3,167 |
| Increase (decrease) in provisions                                                   | 7,298 | (2,652) |
| Utilization of warranty provision                                                   | (217,566) | (273,837) |
| Payment for restructuring provision                                                 | (42,324) | (57,067) |
| (Decrease) increase in retirement benefit obligations                               | (1,915) | 5,683 |
| Purchase of shares under the Employee Share Incentive Scheme                        | (15,858) | (22,822) |
|                                                                                |   |   |
| Cash generated from operations                                                      | 1,840,098 | 1,175,754 |
| Income taxes paid                                                                   | (410,564) | (261,441) |
| Income taxes refunded                                                               | 55,531 | 9,780 |
|                                                                                |   |   |
| Net cash from operating activities                                                  | 1,485,065 | 924,093 |
|                                                                                |   |   |
| Investing activities                                                                |   |   |
| Interest received                                                                   | 8,794 | 3,273 |
| Proceeds on disposal of property, plant and equipment                               | 25,116 | 9,027 |
| Net cash outflow arising on acquisitions of subsidiaries                            | (1,333,294) | - |
| Purchase of property, plant and equipment                                           | (313,663) | (346,718) |
| Deposits paid for acquisition of property, plant and equipment                      | (22,336) | (61,490) |
| Prepayment for land license fee                                                     | (26,658) | (31,013) |
| Additions of intangible assets                                                      | (4,333) | (3,898) |
| Additions to investment property                                                    | - | (53) |
|                                                                                |   |   |
| Net cash used in investing activities                                               | (1,666,374) | (430,872) |
|                                                                                |   |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |
|                                                   | 2014 | 2013 |
|                                                   | HK$'000 | HK$'000 |
| Financing activities                                   |   |   |
| Proceeds from issue of convertible bonds               | 2,400,000 | - |
| Payment for transaction costs attributable to issue of |   |   |
| convertible bonds                                      | (39,801) | - |
| Bank borrowings raised                                 | 256,174 | 519,731 |
| Repayment of bank borrowings                           | (784,801) | (648,389) |
| Dividends paid                                         | (520,824) | (259,509) |
| Interest paid                                          | (36,420) | (18,413) |
|                                                   |   |   |
| Net cash from (used in) financing activities           | 1,274,328 | (406,580) |
|                                                   |   |   |
| Net increase in cash and cash equivalents              | 1,093,019 | 86,641 |
| Cash and cash equivalents at beginning of the year     | 1,596,592 | 1,487,003 |
| Effect of foreign exchange rate changes                | (95,855) | 22,948 |
|                                                   |   |   |
| Cash and cash equivalents at end of the year,          |   |   |
| represented by bank balances and cash                  | 2,593,756 | 1,596,592 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|    |         |
|----|---------|
| 1. | GENERAL |

|    |                                                                                   |
|----|-----------------------------------------------------------------------------------|
| 2. | APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS ("HKFRSs") |

|         |                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------|
| • | obtain funds from one or more investors for the purpose of providing them with investment management services; |

|         |                                                                                                                                                      |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | commit to its investor(s) that its business purpose is to invest funds solely for returns from capital appreciation, investment income, or both; and |

|         |                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------|
| • | measure and evaluate performance of substantially all of its investments on a fair value basis. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                         |
|-------------------------|
|                         |  |
| HKFRS 9                 | Financial Instruments1 |
| HKFRS 15                | Revenue from Contracts with customers2 |
| Amendments to HKFRS 11  | Accounting for Acquisitions of Interests in Joint |
|                    |   Operations3 |
| Amendments to HKAS 1    | Disclosure Initiative3 |
| Amendments to HKAS 16   | Clarification of Acceptable Methods of Depreciation and |
| and HKAS 38             |   Amortization3 |
| Amendments to HKAS 16   | Agriculture: Bearer Plants3 |
| and HKAS 41             |   |
| Amendments to HKAS 19   | Defined Benefit Plans: Employee contributions4 |
| Amendments to HKAS 27   | Equity Method in Separate Financial Statements3 |
| Amendments to HKFRS 10  | Sale or Contribution of Assets between an Investor and |
| and HKAS 28             |   its Associate or Joint Venture3 |
| Amendments to HKFRS 10, | Investment Entities: Applying the Consolidation |
| HKFRS 12 and HKAS 28    |   Exception3 |
| Amendments to HKFRSs    | Annual Improvements to HKFRSs 2010 - 2012 Cycle5 |
| Amendments to HKFRSs    | Annual Improvements to HKFRSs 2011 - 2013 Cycle4 |
| Amendments to HKFRSs    | Annual Improvements to HKFRSs 2012 - 2014 Cycle3 |

|         |                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------|
| 1  | Effective for annual periods beginning on or after 1 January 2018, with earlier application permitted. |

|         |                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------|
| 2  | Effective for annual periods beginning on or after 1 January 2017, with earlier application permitted. |

|         |                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------|
| 3  | Effective for annual periods beginning on or after 1 January 2016, with earlier application permitted. |

|         |                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------|
| 4  | Effective for annual periods beginning on or after 1 July 2014, with earlier application permitted. |

|         |                                                                                                                             |
|---------|-----------------------------------------------------------------------------------------------------------------------------|
| 5  | Effective for annual periods beginning on or after 1 July 2014, with limited exceptions.  Earlier application is permitted. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | All recognized financial assets that are within the scope of HKAS 39 "Financial Instruments: Recognition and Measurement" are subsequently measured at amortized cost or fair value.  Specifically, debt investments that are held within a business model whose objective is to collect the contractual cash flows, and that have contractual cash flows that are solely payments of principal and interest on the principal outstanding are generally measured at amortized cost at the end of subsequent accounting periods.  Debt instruments that are held within a business model whose objective is achieved both by collecting contractual cash flows and selling financial assets, and that have contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, are measured at FVTOCI.  All other debt investments and equity investments are measured at their fair value at the end of subsequent accounting periods.  In addition, under HKFRS 9, entities may make an irrevocable election to present subsequent changes in the fair value of an equity investment (that is not held for trading) in other comprehensive income, with only dividend income generally recognized in profit or loss. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | With regard to the measurement of financial liabilities designated as at fair value through profit or loss, HKFRS 9 requires that the amount of change in the fair value of the financial liability that is attributable to changes in the credit risk of that liability is presented in other comprehensive income, unless the recognition of the effects of changes in the liability's credit risk in other comprehensive income would create or enlarge an accounting mismatch in profit or loss.  Changes in fair value of financial liabilities attributable to changes in the financial liabilities' credit risk are not subsequently reclassified to profit or loss.  Under HKAS 39, the entire amount of the change in the fair value of the financial liability designated as fair value through profit or loss was presented in profit or loss. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In relation to the impairment of financial assets, HKFRS 9 requires an expected credit loss model, as opposed to an incurred credit loss model under HKAS 39.  The expected credit loss model requires an entity to account for expected credit losses and changes in those expected credit losses at each reporting date to reflect changes in credit risk since initial recognition.  In other words, it is no longer necessary for a credit event to have occurred before credit losses are recognized. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The new general hedge accounting requirements retain the three types of hedge accounting.  However, greater flexibility has been introduced to the types of transactions eligible for hedge accounting, specifically broadening the types of instruments that qualify for hedging instruments and the types of risk components of non-financial items that are eligible for hedge accounting.  In addition, the effectiveness test has been overhauled and replaced with the principle of an 'economic relationship'.  Retrospective assessment of hedge effectiveness is also no longer required.  Enhanced disclosure requirements about an entity's risk management activities have also been introduced. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                  |
|---------|--------------------------------------------------|
| • | Step 1: Identify the contract(s) with a customer |

|         |                                                              |
|---------|--------------------------------------------------------------|
| • | Step 2: Identify the performance obligations in the contract |

|         |                                         |
|---------|-----------------------------------------|
| • | Step 3: Determine the transaction price |

|         |                                                                                       |
|---------|---------------------------------------------------------------------------------------|
| • | Step 4: Allocate the transaction price to the performance obligations in the contract |

|         |                                                                                      |
|---------|--------------------------------------------------------------------------------------|
| • | Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                                    |
|-----|--------------------------------------------------------------------|
| (a) | when the intangible asset is expressed as a measure of revenue; or |

|     |                                                                                                                                  |
|-----|----------------------------------------------------------------------------------------------------------------------------------|
| (b) | when it can be demonstrated that revenue and consumption of the economic benefits of the intangible asset are highly correlated. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |             |
|---------|-------------|
| • | At cost, or |

|         |                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | In accordance with HKFRS 9 "Financial Instruments" (or HKAS 39 "Financial Instruments: Recognition and Measurement" for entities that have not yet adopted HKFRS 9), or |

|         |                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------|
| • | Using the equity method as described in HKAS 28 "Investments in Associates and Joint Ventures". |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The requirements on gains and losses resulting from transactions between an entity and its associate or joint venture have been amended to relate only to assets that do not constitute a business. |

|         |                                                                                                                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | A new requirement has been introduced that gains or losses from downstream transactions involving assets that constitute a business between an entity and its associate or joint venture must be recognized in full in the investor's financial statements. |

|         |                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | A requirement has been added that an entity needs to consider whether assets that are sold or contributed in separate transactions constitute a business and should be accounted for as a single transaction. |

|         |                                                                                                                                                                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | An exception from the general requirement of full gain or loss recognition has been introduced into HKFRS 10 for the loss control of a subsidiary that does not contain a business in a transaction with an associate or a joint venture that is accounted for using the equity method. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | New guidance has been introduced requiring that gains or losses resulting from those transactions are recognized in the parent's profit or loss only to the extent of the unrelated investors' interests in that associate or joint venture.  Similarly, gains or losses resulting from the remeasurement at fair value of investments retained in any former subsidiary that has become an associate or a joint venture that is accounted for using the equity method are recognized in the former parent's profit or loss only to the extent of the unrelated investors' interests in the new associate or joint venture. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                                                   |
|-----|-----------------------------------------------------------------------------------|
| (a) | the property meets the definition of investment property in terms of HKAS 40; and |

|     |                                                                               |
|-----|-------------------------------------------------------------------------------|
| (b) | the transaction meets the definition of a business combination under HKFRS 3. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|    |                                 |
|----|---------------------------------|
| 3. | SIGNIFICANT ACCOUNTING POLICIES |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                                                                         |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date; |

|         |                                                                                                                                                                 |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Level 2 inputs are inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | Level 3 inputs are unobservable inputs for the asset or liability. |

|         |                              |
|---------|------------------------------|
| • | has power over the investee; |

|         |                                                                                            |
|---------|--------------------------------------------------------------------------------------------|
| • | is exposed, or has rights, to variable returns from its involvement with the investee; and |

|         |                                                         |
|---------|---------------------------------------------------------|
| • | has the ability to use its power to affect its returns. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------|
| • | the Group has transferred to the buyer the significant risks and rewards of ownership of the goods; |

|         |                                                                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the Group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; |

|         |                                                 |
|---------|-------------------------------------------------|
| • | the amount of revenue can be measured reliably; |

|         |                                                                                                       |
|---------|-------------------------------------------------------------------------------------------------------|
| • | it is probable that the economic benefits associated with the transaction will flow to the Group; and |

|         |                                                                                              |
|---------|----------------------------------------------------------------------------------------------|
| • | the costs incurred or to be incurred in respect of the transaction can be measured reliably. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------|
| • | the technical feasibility of completing the intangible asset so that it will be available for use or sale; |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | the intention to complete the intangible asset and use or sell it; |

|         |                                                  |
|---------|--------------------------------------------------|
| • | the ability to use or sell the intangible asset; |

|         |                                                                           |
|---------|---------------------------------------------------------------------------|
| • | how the intangible asset will generate probable future economic benefits; |

|         |                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset; and |

|         |                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------|
| • | the ability to measure reliably the expenditure attributable to the intangible asset during its development. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | significant financial difficulty of the issuer or counterparty; or |

|         |                                                                                          |
|---------|------------------------------------------------------------------------------------------|
| • | breach of contract, such as default or delinquency in interest or principal payments; or |

|         |                                                                                            |
|---------|--------------------------------------------------------------------------------------------|
| • | it becoming probable that the borrower will enter bankruptcy or financial re-organization. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                                                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the amount of the obligation under the contract, as determined in accordance with HKAS 37 "Provisions, Contingent Liabilities and Contingent Assets"; and |

|         |                                                                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the amount initially recognized less, where appropriate, cumulative amortization recognized in accordance with the revenue recognition policies. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|         |                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------|
| • | service cost (including current service cost, past service cost, as well as gains and losses on curtailments and settlements); |

|         |                                     |
|---------|-------------------------------------|
| • | net interest expense or income; and |

|         |                |
|---------|----------------|
| • | remeasurement. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|    |                         |
|----|-------------------------|
| 5. | CAPITAL RISK MANAGEMENT |

|    |                       |
|----|-----------------------|
| 6. | FINANCIAL INSTRUMENTS |

|                                                             |
|-------------------------------------------------------------|
|                                                             |  |  |
|                                                        | 2014 | 2013 |
|                                                        | HK$'000 | HK$'000 |
| Financial assets                                            |   |   |
| Loans and receivables (including cash and cash equivalents) | 6,273,238 | 4,401,554 |
| Derivative financial instruments                            | - | 4,225 |
| Financial liabilities                                       |   |   |
| Amortized cost                                              | 4,319,897 | 2,379,038 |
| Derivative financial instruments                            | 9,297 | - |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                  |
|------------------|
|                  |  |  |  |  |  |
|             |   | Assets | Liabilities |
|             | Currency | 2014 | 2013 | 2014 | 2013 |
|             |   | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|             |   |   |   |   |   |
| US dollar (Note) | US$ | 1,535,215 | 1,145,289 | 216,691 | 508,596 |
| Euro             | EUR | 337,064 | 408,627 | 43,142 | 28,466 |
| Renminbi         | RMB | 246,605 | 173,665 | 400,509 | 324,465 |
| Singapore dollar | S$ | 33,724 | 12,675 | 118,425 | 119,351 |
| Japanese Yen     | JPY | 4,868 | 3,258 | 132,841 | 114,068 |
| Others           |   | 33,548 | 21,805 | 197,955 | 162,246 |

|       |                                                                                                                                                                                                                                                                     |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | Included in the balances are US dollar financial assets and financial liabilities of HK$718,052,000 and HK$41,653,000 (2013: HK$437,281,000 and HK$26,042,000), respectively where Hong Kong dollars is not the functional currency of the relevant group entities. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                        |
|------------------------|
|                        |  |  |  |  |  |  |  |  |  |  |
|                   |   |   | US |   |   | Japanese | Singapore |
|                   | Euro impact (i) | dollar impact (ii) | Renminbi impact (iii) | Yen impact (iv) | dollar impact (v) |
|                   | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 | 2014 | 2013 |
|                   | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| (Decrease) increase in |   |   |   |   |   |   |   |   |   |   |
| post tax profit        | (12,211) | (15,216) | (23,693) | (14,040) | 5,758 | 5,586 | 6,040 | 5,206 | 3,851 | 4,984 |

|     |                                                                                                                                                                         |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (i) | This is mainly attributable to the exposure on outstanding bank balances, trade and other receivables and trade and other payables denominated in Euro at the year end. |

|      |                                                                                                                                                                    |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (ii) | This is mainly attributable to the exposure on outstanding bank balances, trade and other receivables and trade payables denominated in US dollar at the year end. |

|       |                                                                                                                                                                             |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (iii) | This is mainly attributable to the exposure on outstanding bank balances, trade and other receivables and trade and other payables denominated in Renminbi at the year end. |

|      |                                                                                                                                                             |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (iv) | This is mainly attributable to the exposure on outstanding bank balances, trade receivables and trade payables denominated in Japanese Yen at the year end. |

|     |                                                                                                                                                                                     |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (v) | This is mainly attributable to the exposure on outstanding bank balances, trade and other receivables and trade and other payables denominated in Singapore dollar at the year end. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |  |
|                                 | Weighted |   |   |   | Total |   |
|                                 | average |   |   |   | contractual | Total |
|                                 | effective | On | Within | More than | undiscounted | carrying |
|                                 | interest rate* | demand | one year | one year | cash flows | amount |
|                                 | % | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| Non-derivative financial liabilities |   |   |   |   |   |   |
| Trade and other payables             | - | 594,000 | 1,367,584 | - | 1,961,584 | 1,961,584 |
| Other non-current liabilities        | - | - | - | 13,881 | 13,881 | 13,881 |
| Bank borrowings                      | 2.638 | 22,106 | 131,461 | 16,196 | 169,763 | 167,538 |
| Convertible bonds                    | 6.786 | - | 48,000 | 2,472,000 | 2,520,000 | 2,176,894 |
|                                 |   | _________ | _________ | _________ | _________ | _________ |
|                                 |   | 616,106 | 1,547,045 | 2,502,077 | 4,665,228 | 4,319,897 |
| Derivatives - net settlement         |   |   |   |   |   |   |
| Foreign exchange forward contracts   | - | - | 9,297 | - | 9,297 | 9,297 |

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |  |
|                                 | Weighted |   |   |   | Total |   |
|                                 | average |   |   |   | contractual | Total |
|                                 | effective | On | Within | More than | undiscounted | carrying |
|                                 | interest rate* | demand | one year | one year | cash flows | amount |
|                                 | % | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| Non-derivative financial liabilities |   |   |   |   |   |   |
| Trade and other payables             | - | 538,390 | 1,126,115 | - | 1,664,505 | 1,664,505 |
| Other non-current liabilities        | - | - | - | 18,371 | 18,371 | 18,371 |
| Bank borrowings                      | 1.951 | 421,548 | 134,920 | 147,597 | 704,065 | 696,162 |
|                                 |   | _________ | _________ | _______ | _________ | _________ |
|                                 |   | 959,938 | 1,261,035 | 165,968 | 2,386,941 | 2,379,038 |

|   |                                                                                                                                                                |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------|
| * | Weighted average effective interest rate is determined based on the variable interest rates of outstanding bank borrowings at the end of the reporting period. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                                                                                                                    |
|----------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                    |  |  |  |  |  |  |
| Financial assets and financial liabilities                                                                                                         | Fair value as at | Fair valuehierarchy | Valuation techniquesand key inputs | Significantunobservableinputs | Relationship ofunobservableinputs to fair value |
|                                                                                                                                               | 2014 | 2013 |   |   |   |   |
|                                                                                                                                               |   |   |   |   |   |   |
| 1)   Foreign currency   forward contracts classified as derivative instruments on the statement of financial position (see note 28) | Liability- HK$9,297,000 | Asset- HK$4,225,000 | Level 2 | Discounted cash flow.  Future cash flows are estimated based on forward exchange rates (from observable forward exchange rates at the end of the reporting period) and contract forward rates, discounted at a rate that reflects the credit risk of various counterparties. | N/A | N/A |
|                                                                                                                                               |   |   |   |   |   |   |
| 2)   Contingent consideration in   DEK Acquisition (as defined in note 38) (see note 38)                                            | Nil | N/A | Level 3 | Discounted cash flow method was used to capture the present value of the expected future economic benefits that will flow out of the Group arising from the contingent consideration. | Probability that DEK Business (as defined in note 38) will meet the amount of revenue target is approximate to zero (Note). | The higher the probability the higher the fair value. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|    |          |
|----|----------|
| 7. | TURNOVER |

|    |                     |
|----|---------------------|
| 8. | SEGMENT INFORMATION |

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |
|                                            | 2014 | 2013 |
|                                            | HK$'000 | HK$'000 |
| Segment revenue from external customers         |   |   |
| Back-end equipment                              | 6,803,776 | 5,200,054 |
| Surface mount technology solutions              | 5,523,883 | 3,917,089 |
| Materials                                       | 1,901,518 | 1,724,023 |
|                                            |   |   |
|                                            | 14,229,177 | 10,841,166 |
| Segment profit                                  |   |   |
| Back-end equipment                              | 1,372,634 | 541,310 |
| Surface mount technology solutions              | 730,891 | 210,802 |
| Materials                                       | 174,053 | 134,910 |
|                                            | 2,277,578 | 887,022 |
| Interest income                                 | 8,794 | 3,273 |
| Finance costs                                   | (120,512) | (18,563) |
| Unallocated other income (expenses)             | 269 | (3,176) |
| Unallocated net foreign exchange gain           | 86,093 | 6,054 |
| Unallocated general and administrative expenses | (55,359) | (97,079) |
| Other expenses                                  | (168,400) | (104,521) |
|                                            |   |   |
| Profit before taxation                          | 2,028,463 | 673,010 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                      |
|--------------------------------------|
|                                      |  |  |  |  |  |
|                                 |   | Surface |   | Unallocated |   |
|                                 |   | mount |   | general and |   |
|                                 | Back-end | technology |   | administrative |   |
|                                 | equipment | solutions | Materials | expenditure | Consolidated |
|                                 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| Amounts regularly provided to        |   |   |   |   |   |
| chief operating decision maker:      |   |   |   |   |   |
| Additions of property, plant and     |   |   |   |   |   |
| equipment                            |   |   |   |   |   |
| - Additions during the year          | 249,901 | 114,062 | 49,143 | - | 413,106 |
| - Arising from acquisition of        |   |   |   |   |   |
| subsidiaries                         | 2,085 | 105,406 | - | - | 107,491 |
| Additions of intangible assets       |   |   |   |   |   |
| - Additions during the year          | - | 4,333 | - | - | 4,333 |
| - Arising from acquisition of        |   |   |   |   |   |
| subsidiaries                         | 6,985 | 635,627 | - | - | 642,612 |
|                                 |   |   |   |   |   |
| Amounts included in the measure      |   |   |   |   |   |
| of segment profit:                   |   |   |   |   |   |
| Amortization for intangible assets   | 1,171 | 26,738 | - | - | 27,909 |
| Depreciation of property, plant      |   |   |   |   |   |
| and equipment                        | 237,349 | 70,919 | 77,010 | - | 385,278 |
| Depreciation of investment property  | 1,510 | - | - | - | 1,510 |
| (Gain) loss on disposal/write-off of |   |   |   |   |   |
| property, plant and equipment        | (325) | 767 | 727 | - | 1,169 |
| Release of prepaid lease payments    | 691 | - | 250 | - | 941 |
| Research and development expenses    | 632,526 | 507,427 | 8,429 | - | 1,148,382 |
| Share-based payments                 | 112,191 | 11,162 | 11,262 | 11,685 | 146,300 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                     |
|-----------------------------------------------------|
|                                                     |  |  |  |  |  |
|                                                |   | Surface |   | Unallocated |   |
|                                                |   | mount |   | general and |   |
|                                                | Back-end | technology |   | administrative |   |
|                                                | equipment | solutions | Materials | expenditure | Consolidated |
|                                                | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| Amounts regularly provided to                       |   |   |   |   |   |
| chief operating decision maker:                     |   |   |   |   |   |
| Additions of property, plant and                    |   |   |   |   |   |
| equipment                                           | 179,585 | 94,518 | 39,769 | - | 313,872 |
| Additions to investment property                    | 53 | - | - | - | 53 |
| Additions of intangible assets                      | - | 3,898 | - | - | 3,898 |
|                                                |   |   |   |   |   |
| Amounts included in the measure                     |   |   |   |   |   |
| of segment profit:                                  |   |   |   |   |   |
| Amortization for intangible assets                  | - | 10,157 | - | - | 10,157 |
| Depreciation of property, plant                     |   |   |   |   |   |
| and equipment                                       | 263,745 | 66,781 | 81,249 | - | 411,775 |
| Depreciation of investment property                 | 1,514 | - | - | - | 1,514 |
|   Loss on disposal/write-off of property, |   |   |   |   |   |
| plant and equipment                                 | 10,989 | 99 | 72 | - | 11,160 |
| Release of prepaid lease payments                   | 622 | - | 352 | - | 974 |
| Research and development expenses                   | 534,700 | 407,054 | 6,541 | - | 948,295 |
| Share-based payments                                | 104,746 | 8,223 | 10,662 | 18,787 | 142,418 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                            |
|----------------------------|
|                            |  |  |
|                       | Non-current assets |   |
|                       | 2014 | 2013 |
|                       | HK$'000 | HK$'000 |
|                       |   |   |
| Mainland China             | 1,554,238 | 1,637,805 |
| Europe                     | 843,731 | 150,406 |
| - Switzerland              | 618,996 | - |
| - Germany                  | 140,711 | 145,799 |
| - United Kingdom           | 67,339 | - |
| - Others                   | 16,685 | 4,607 |
| Singapore                  | 285,774 | 227,485 |
| Malaysia                   | 192,158 | 196,668 |
| Hong Kong                  | 42,750 | 42,506 |
| Korea                      | 5,468 | 4,385 |
| Americas                   | 5,374 | 2,476 |
| - United States of America | 4,974 | 1,430 |
| - Others                   | 400 | 1,046 |
| Others                     | 3,180 | 3,585 |
|                       | 2,932,673 | 2,265,316 |

|       |                                                                                      |
|-------|--------------------------------------------------------------------------------------|
| Note: | Non-current assets excluded goodwill, deferred tax assets and pledged bank deposits. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                            |
|----------------------------|
|                            |  |  |
|                       | Revenue from |   |
|                       | external customers |   |
|                       | 2014 | 2013 |
|                       | HK$'000 | HK$'000 |
|                       |   |   |
| Mainland China             | 6,126,950 | 4,669,179 |
| Europe                     | 2,103,924 | 1,490,296 |
| - Germany                  | 852,601 | 723,254 |
| - Hungary                  | 162,655 | 74,497 |
| - Romania                  | 90,141 | 75,382 |
| - Others                   | 998,527 | 617,163 |
| Malaysia                   | 1,197,632 | 921,032 |
| Taiwan                     | 1,174,800 | 641,683 |
| Americas                   | 1,153,022 | 1,038,084 |
| - United States of America | 763,056 | 801,940 |
| - Mexico                   | 207,248 | 165,618 |
| - Others                   | 182,718 | 70,526 |
| Hong Kong                  | 689,814 | 686,393 |
| Thailand                   | 471,227 | 360,952 |
| Philippines                | 393,154 | 292,273 |
| Korea                      | 392,021 | 415,786 |
| Japan                      | 197,151 | 117,719 |
| Singapore                  | 161,352 | 159,676 |
| Others                     | 168,130 | 48,093 |
|                       | 14,229,177 | 10,841,166 |

|    |                                   |
|----|-----------------------------------|
| 9. | RESEARCH AND DEVELOPMENT EXPENSES |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                                      |
|----------------------------------------------------------------------|
|                                                                      |  |  |
|                                                                 | 2014 | 2013 |
|                                                                 | HK$'000 | HK$'000 |
| The gains and losses comprise:                                       |   |   |
|                                                                 |   |   |
| Net foreign exchange gains (losses)                                  | 118,206 | (11,909) |
| Reversal of legal provision (note 39)                                | 26,372 | - |
| Loss on disposal/write-off of property, plant and equipment          | (1,169) | (11,160) |
| (Loss) gain on fair value change of derivative financial instruments | (32,113) | 17,963 |
| Others                                                               | 716 | (2,314) |
|                                                                 | _______ | _______ |
|                                                                 | 112,012 | (7,420) |

|                                            |
|--------------------------------------------|
|                                            |  |  |
|                                       | 2014 | 2013 |
|                                       | HK$'000 | HK$'000 |
|                                       |   |   |
| Provision for tax-related expense (Note a) | 168,400 | - |
| Restructuring costs (Note b)               | - | 104,521 |
|                                       | _______ | _______ |
|                                       | 168,400 | 104,521 |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | As detailed in note 13, the Group continued to receive letters from the Hong Kong Inland Revenue Department ("HKIRD") during the year ended 31 December 2014 seeking information relating to Hong Kong Profits Tax and other tax affairs of certain subsidiaries of the Company.  The enquiries might lead to additional tax-related expenses and a provision for tax-related expenses has been charged to profit or loss accordingly. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Due to the local authorities' redevelopment plans for the Yantian District of Shenzhen, part of the operation of a subsidiary of the Company, Shenzhen ASM Micro Electronic Technology Co., Ltd., was required to move out of its premises located in Yantian District by October 2014.  The Group announced the details of the relocation and compensation plan to the affected employees in October 2013.  In connection with this plant relocation, the Group recorded HK$104,521,000 restructuring costs for the year ended 31 December 2013, which primarily relates to severance payments of HK$74,367,000 and incentive payments and other compensation of HK$24,020,000 to employees for relocation to new premises of the Group. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                     |
|-----------------------------------------------------|
|                                                     |  |  |
|                                                | 2014 | 2013 |
|                                                | HK$'000 | HK$'000 |
|                                                |   |   |
| Interest on convertible bonds (note 37)             | 107,826 | - |
| Interest on bank borrowings wholly repayable within |   |   |
| five years                                          | 8,867 | 14,962 |
| Others                                              | 3,819 | 3,601 |
| Total borrowing costs                               | 120,512 | 18,563 |

|     |                    |
|-----|--------------------|
| 13. | INCOME TAX EXPENSE |

|                                      |
|--------------------------------------|
|                                      |  |  |
|                                 | 2014 | 2013 |
|                                 | HK$'000 | HK$'000 |
| The charge (credit) comprises:       |   |   |
|                                 |   |   |
| Current tax:                         |   |   |
| Hong Kong                            | 43,731 | 38,859 |
| PRC Enterprise Income Tax            | 81,838 | 72,304 |
| Other jurisdictions                  | 294,435 | 87,664 |
|                                 | 420,004 | 198,827 |
|                                 |   |   |
| Under(over)provision in prior years: |   |   |
| Hong Kong                            | 34,295 | (30) |
| PRC Enterprise Income Tax            | 248 | 2,086 |
| Other jurisdictions                  | 3,445 | (9,750) |
|                                 | 37,988 | (7,694) |
|                                 |   |   |
| Deferred tax credit (note 36)        |   |   |
| Current year                         | (29,483) | (76,712) |
|                                 |   |   |
|                                 | 428,509 | 114,421 |

|     |                                                                                                 |
|-----|-------------------------------------------------------------------------------------------------|
| (a) | Hong Kong Profits Tax is calculated at 16.5% of the estimated assessable profit for both years. |

|     |                                                                                                                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Under the Law of the People's Republic of China (the "PRC") on Enterprise Income Tax (the "EIT Law") and Implementation Regulations of the EIT Law, the Enterprise Income Tax rate of the Group's subsidiaries in the PRC is 25% (2013: 25%). |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (c) | On 12 July 2010, the Singapore Economic Development Board ("EDB") granted a Pioneer Certificate ("PC") to ASM Technology Singapore Pte Ltd. ("ATS"), a principal subsidiary of the Company, to the effect that profits arising from certain new back-end equipment and lead frame products are exempted from tax for a period of 10 years effective from the dates commenced between 1 June 2010 and 1 January 2012 across specified products, subject to fulfillment of certain criteria during the relevant periods.  EDB also granted a 5-year Development and Expansion Incentive ("DEI") to ATS to the effect that profits arising from certain existing products are subject to tax at a concessionary tax rate of 10% for a period of 5 years from 1 January 2011, subject to the fulfillment of certain criteria during the relevant period. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                            |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (d) | The calculation of current tax of the Group's subsidiaries in Germany is based on a corporate income tax rate of 15.00% plus 5.50% solidarity surcharge thereon for the assessable profit for the year.  In addition to corporate income tax, trade tax is levied on taxable income.  The applicable German trade tax (local income tax) rate was 17.00%.  Thus the aggregate tax rate amounts to 32.825% (2013: 32.825%). |

|     |                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------|
| (e) | Taxation for other jurisdictions is calculated at the rates prevailing in the relevant jurisdictions. |

|                                                              |
|--------------------------------------------------------------|
|                                                              |  |  |
|                                                         | 2014 | 2013 |
|                                                         | HK$'000 | HK$'000 |
|                                                         |   |   |
| Profit before taxation                                       | 2,028,463 | 673,010 |
|                                                         |   |   |
| Tax at the domestic income tax rate of 16.5% (2013: 16.5%)   | 334,696 | 111,047 |
| Tax effect of expenses not deductible in determining         |   |   |
| taxable profit                                               | 75,222 | 34,870 |
| Tax effect of income not taxable in determining              |   |   |
| taxable profit                                               | (6,461) | (9,639) |
| Tax effect of tax losses not recognized                      | 18,207 | 2,857 |
| Tax effect of utilization of tax losses/temporary difference |   |   |
| previously not recognized                                    | (57,068) | (44,170) |
| Recognition of deferred tax arising from tax losses          |   |   |
| previously not recognized                                    | - | (25,539) |
| Effect of different tax rates of subsidiaries operating      |   |   |
| in other jurisdictions                                       | 154,126 | 56,117 |
| Effect of tax exemption and concessions under                |   |   |
| PC, DEI and IHA granted by EDB                               | (119,456) | (10,836) |
| Under(over)provision in prior years                          | 37,988 | (7,694) |
| Others                                                       | (8,745) | 7,408 |
| Tax charge for the year                                      | 428,509 | 114,421 |

|       |                                                                                                                                                                  |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | The income tax rate (which is the Hong Kong Profits Tax rate) in the jurisdiction where one of the major operations of the Group is substantially based is used. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                     |
|-----|---------------------|
| 14. | PROFIT FOR THE YEAR |

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |  |
|                                                                | 2014 | 2013 |  |
|                                                                | HK$'000 | HK$'000 |  |
| Profit for the year has been arrived at after charging (crediting): |   |   |
|                                                                |   |   |
| Minimum lease payments under operating leases                       |   |   |
| - Land and buildings                                                | 219,835 | 187,867 |  |
| - Motor vehicles and others                                         | 13,046 | 9,713 |  |
|                                                                | 232,881 | 197,580 |  |
|                                                                |   |   |
| Directors' remunerations (note 15)                                  | 30,658 | 35,622 |  |
| Salaries, wages, bonus and other benefits                           | 3,576,308 | 2,973,590 |  |
| Pension costs, excluding directors                                  | 204,191 | 189,118 |  |
| Share-based payments under the Employee Share Incentive             |   |   |
| Scheme                                                              | 130,442 | 119,596 |  |
| Total staff costs                                                   | 3,941,599 | 3,317,926 |  |
|                                                                |   |   |
| Auditor's remuneration                                              | 13,025 | 9,913 |  |
|                                                                |   |   |
| Depreciation for property, plant and equipment                      | 385,278 | 411,775 |  |
| Depreciation for investment property                                | 1,510 | 1,514 |  |
| Amortization for intangible assets                                  |   |   |
| - Included in selling and distribution expenses                     | 10,392 | — |  |
| - Included in cost of sales                                         | 17,517 | 10,157 |  |
| Release of prepaid lease payments                                   | 941 | 974 |  |
| Release of land license fee                                         | 2,216 | 2,970 |  |
|                                                                | 417,854 | 427,390 |  |
| Government grants (Note)                                            | (55,559) | (29,041) |  |
| Interest income on bank deposits                                    | (8,794) | (3,273) |  |

|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | Government grants for the year ended 31 December 2014 included an amount of HK$52,403,000 (2013: HK$17,602,000) which is government subsidy received from local authority in the PRC relating to import of high technology products.  Government grants for the year ended 31 December 2013 included an amount of HK$5,303,000 which was government grants related to product development project under the Innovation Development Scheme in Singapore, such amount had been deducted in research and development expenses incurred for the year ended 31 December 2013. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                             |
|-----|---------------------------------------------|
| 15. | DIRECTORS' AND CHIEF EXECUTIVE'S EMOLUMENTS |

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                            | Year ended 31 December 2014 |   |   |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                            | Directors | Director and chief executive | Total |   |   |
|                                                            |   |   | Petrus |   | Robin |   |   |   | Tang |   |   |   |   |
|                                                            |   | Charles | Antonius | Chow | Gerard |   | Lok Kam |   | Koon |   |   |   |   |
|                                                            | Arthur H. | Dean del | Maria van | Chuen, | Ng | Orasa | Chong, | Wong | Hung, | Lee Wai |   |   |   |
|                                                            | del Prado | Prado | Bommel | James | Cher Tat | Livasiri | John | Hon Yee |   Eric | Kwong |   |   |   |
|                                                            | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |   |   |
|                                                            |   |   |   |   |   |   |   |   |   | (Note d) |   |   |   |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fees                                                            | 450 | 350 | 300 | - | - | 450 | 450 | 300 | 384 | - | 2,684 |   |   |
| Other emoluments                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and other benefits                                | - | - | - | 8,008 | 4,255 | - | - | - | - | 13,357 | 25,620 |   |   |
| Contributions to retirement benefits schemes          | - | - | - | 329 | 121 | - | - | - | - | 158 | 608 |   |   |
| Performance related incentive bonus payments (Note a) | - | - | - | 733 | 151 | - | - | - | - | 862 | 1,746 |   |   |
| Total emoluments                                                | 450 | 350 | 300 | 9,070 | 4,527 | 450 | 450 | 300 | 384 | 14,377 | 30,658 |   |   |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                            | Year ended 31 December 2013 |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                            | Directors | Director and chief executive | Total |
|                                                            |   |   | Petrus |   |   | Robin |   |   |   |   | Tang |   |   |
|                                                            |   | Charles | Antonius | Lo | Chow | Gerard |   | Lee | Lok Kam |   | Koon |   |   |
|                                                            | Arthur H. | Dean del | Maria van | Tsan Yin, | Chuen, | Ng | Orasa | Shiu Hung, | Chong, | Wong | Hung, | Lee Wai |   |
|                                                            | del Prado | Prado | Bommel | Peter | James | Cher Tat | Livasiri | Robert | John | Hon Yee | Eric | Kwong |   |
|                                                            | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                                                            |   |   |   | (Note b) |   |   |   | (Note b) |   |   | (Note c) | (Note d) |   |
|                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fees                                                            | 450 | 350 | 300 | - | - | - | 450 | 129 | 450 | 304 | 204 | - | 2,637 |
| Other emoluments                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Salaries and other benefits                                | - | - | - | 2,024 | 8,207 | 3,668 | - | - | - | - | - | 13,707 | 27,606 |
| Contributions to retirement benefits schemes               | - | - | - | 5 | 323 | 125 | - | - | - | - | - | 250 | 703 |
| Performance relatedincentive bonus payments (Note a)       | - | - | - | 1,733 | 1,213 | 293 | - | - | - | - | - | 1,437 | 4,676 |
| Total emoluments                                                | 450 | 350 | 300 | 3,762 | 9,743 | 4,086 | 450 | 129 | 450 | 304 | 204 | 15,394 | 35,622 |

|     |                                                                                                                                                                                 |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | The performance related incentive bonus payments are determined with reference to the operating results, individual performance and comparable market statistics in both years. |

|     |                                        |
|-----|----------------------------------------|
| (b) | Retired as directors on 26 April 2013. |

|     |                             |
|-----|-----------------------------|
| (c) | Appointed on 26 April 2013. |

|     |                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (d) | Mr. Lee Wai Kwong is also the chief executive of the Company and his emoluments disclosed above include those for services rendered by him as the chief executive. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                              |
|----------------------------------------------|
|                                              |  |  |
|                                         | 2014 | 2013 |
|                                         | HK$'000 | HK$'000 |
|                                         |   |   |
| Salaries and other benefits                  | 8,968 | 18,688 |
| Contributions to retirement benefits schemes | 538 | 906 |
| Performance related incentive bonus payments | 764 | 558 |
|                                         | 10,270 | 20,152 |

|                              |
|------------------------------|
|                              |  |  |
|                         | Number of employees |
|                         | 2014 | 2013 |
|                         |   |   |
| HK$4,000,001 to HK$4,500,000 | 1 | - |
| HK$4,500,001 to HK$5,000,000 | - | 1 |
| HK$6,000,001 to HK$6,500,000 | 1 | - |
| HK$6,500,001 to HK$7,000,000 | - | 1 |
| HK$8,500,001 to HK$9,000,000 | - | 1 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |           |
|-----|-----------|
| 17. | DIVIDENDS |

|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |
|                                                      | 2014 | 2013 |
|                                                      | HK$'000 | HK$'000 |
| Dividend recognized as distribution during the year       |   |   |
| Interim dividend paid for 2014 of HK$0.80 (2013: HK$0.35) |   |   |
| per share on 400,633,700 (2013: 399,244,500) shares       | 320,507 | 139,736 |
| Final dividend paid for 2013 of HK$0.50                   |   |   |
| (2013: final dividend paid for 2012 of HK$0.30) per share |   |   |
| on 400,633,700 (2013: 399,244,500) shares                 | 200,317 | 119,773 |
|                                                      | 520,824 | 259,509 |
|                                                      |   |   |
|                                                      | 2014 | 2013 |
|                                                      | HK$'000 | HK$'000 |
| Dividend proposed after the year end                      |   |   |
| Proposed final dividend for 2014 of HK$1.30               |   |   |
| (2013: HK$0.50) per share on 402,518,700                  |   |   |
| (2013: 400,633,700) shares                                | 523,274 | 200,317 |

|     |                    |
|-----|--------------------|
| 18. | EARNINGS PER SHARE |

|                                                     |
|-----------------------------------------------------|
|                                                     |  |  |
|                                                | 2014 | 2013 |
|                                                | HK$'000 | HK$'000 |
| Earnings for the purposes of basic and diluted      |   |   |
| earnings per share (Profit for the year)            | 1,599,954 | 558,589 |
|                                                |   |   |
|                                                | Number of shares |
|                                                | (in thousands) |
| Weighted average number of ordinary shares for the  |   |   |
| purpose of basic earnings per share                 | 400,566 | 399,115 |
| Effect of dilutive potential shares from the Scheme | 1,556 | 1,240 |
|                                                |   |   |
| Weighted average number of ordinary shares for the  |   |   |
| purpose of diluted earnings per share               | 402,122 | 400,355 |

|       |                                                                                                                                                                                                                                                  |
|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | The computation of diluted earnings per share for the year ended 31 December 2014 did not assume the conversion of the Company's outstanding convertible bonds because the assumed conversion would result in an increase in earnings per share. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                               |
|-----|-------------------------------|
| 19. | PROPERTY, PLANT AND EQUIPMENT |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |
|                         | Freehold |   |   |   |   |   |   |
|                         | land | Buildings |   |   | Furniture, | Construction |   |
|                         | outside | outside | Leasehold | Plant and | fixtures and | in |   |
|                         | Hong Kong | Hong Kong | improvements | machinery | equipment | progress | Total |
|                         | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| COST                         |   |   |   |   |   |   |   |
| At 1 January 2013            | - | 746,920 | 599,810 | 3,323,440 | 39,271 | 27,938 | 4,737,379 |
| Currency realignment         | - | 4,134 | (1,486) | (12,894) | (190) | 248 | (10,188) |
| Additions                    | - | - | 60,665 | 222,543 | 955 | 29,709 | 313,872 |
| Disposals                    | - | - | (2,156) | (30,226) | (33) | - | (32,415) |
| Write-off                    | - | - | (13,431) | (82,485) | (2,528) | - | (98,444) |
| Transfer                     | - | 53,916 | - | - | - | (53,916) | - |
| At 31 December 2013          | - | 804,970 | 643,402 | 3,420,378 | 37,475 | 3,979 | 4,910,204 |
| Currency realignment         | (281) | (9,449) | 187 | (41,349) | (879) | (4) | (51,775) |
| Acquisitions of subsidiaries |   |   |   |   |   |   |   |
| (note 38)                    | 16,511 | 19,944 | 9,703 | 50,150 | 11,183 | - | 107,491 |
| Additions                    | - | 1,219 | 108,166 | 255,989 | 7,164 | 40,568 | 413,106 |
| Disposals                    | - | - | (2,701) | (81,594) | (178) | - | (84,473) |
| Write-off                    | - | - | (111,021) | (21,443) | (1,793) | - | (134,257) |
| Transfer                     | - | 24,003 | - | - | - | (24,003) | - |
| At 31 December 2014          | 16,230 | 840,687 | 647,736 | 3,582,131 | 52,972 | 20,540 | 5,160,296 |
|                         |   |   |   |   |   |   |   |
| DEPRECIATION AND             |   |   |   |   |   |   |   |
| IMPAIRMENT                   |   |   |   |   |   |   |   |
| At 1 January 2013            | - | 205,399 | 436,584 | 1,965,217 | 24,564 | - | 2,631,764 |
| Currency realignment         | - | (3,076) | (2,653) | (17,493) | (241) | - | (23,463) |
| Provided for the year        | - | 23,227 | 96,288 | 289,594 | 2,666 | - | 411,775 |
| Eliminated on disposals      | - | - | (1,893) | (22,254) | (31) | - | (24,178) |
| Eliminated on write-off      | - | - | (9,806) | (74,815) | (1,873) | - | (86,494) |
| At 31 December 2013          | - | 225,550 | 518,520 | 2,140,249 | 25,085 | - | 2,909,404 |
| Currency realignment         | - | (3,197) | 977 | (12,943) | (267) | - | (15,430) |
| Provided for the year        | - | 26,534 | 75,406 | 277,070 | 6,268 | - | 385,278 |
| Eliminated on disposals      | - | - | (2,687) | (58,836) | (129) | - | (61,652) |
| Eliminated on write-off      | - | - | (110,577) | (18,635) | (1,581) | - | (130,793) |
| At 31 December 2014          | - | 248,887 | 481,639 | 2,326,905 | 29,376 | - | 3,086,807 |
|                         |   |   |   |   |   |   |   |
| CARRYING VALUES              |   |   |   |   |   |   |   |
| At 31 December 2014          | 16,230 | 591,800 | 166,097 | 1,255,226 | 23,596 | 20,540 | 2,073,489 |
|                         |   |   |   |   |   |   |   |
| At 31 December 2013          | - | 579,420 | 124,882 | 1,280,129 | 12,390 | 3,979 | 2,000,800 |

|                                   |
|-----------------------------------|
|                                   |  |
| Buildings                         | 2% to 4.5% |
| Leasehold improvements            | 10% to 331/3% |
| Plant and machinery               | 10% to 331/3% |
| Furniture, fixtures and equipment | 10% to 20% |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                     |
|-----|---------------------|
| 20. | INVESTMENT PROPERTY |

|                       |
|-----------------------|
|                       |  |
|                  | HK$'000 |
| COST                  |   |
| At 1 January 2013     | 70,969 |
| Currency realignment  | 2,221 |
| Additions             | 53 |
| At 31 December 2013   | 73,243 |
| Currency realignment  | (247) |
| At 31 December 2014   | 72,996 |
|                  |   |
| DEPRECIATION          |   |
| At 1 January 2013     | 1,468 |
| Currency realignment  | 46 |
| Provided for the year | 1,514 |
| At 31 December 2013   | 3,028 |
| Currency realignment  | (9) |
| Provided for the year | 1,510 |
| At 31 December 2014   | 4,529 |
|                  |   |
| CARRYING VALUES       |   |
| At 31 December 2014   | 68,467 |
|                  |   |
| At 31 December 2013   | 70,215 |

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |
|                                               |   | Fair value |
|                                               |   | as at |
|                                               | Level 3 | 31.12.2014 |
|                                               | HK$'000 | HK$'000 |
|                                               |   |   |
| Research and development centre located in the PRC | 114,084 | 114,084 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |          |
|-----|----------|
| 21. | GOODWILL |

|                                                          |
|----------------------------------------------------------|
|                                                          |  |
|                                                     | HK$'000 |
| COST                                                     |   |
| At 1 January 2013 and 31 December 2013                   | - |
| Arising on acquisitions of subsidiaries (note 38)        | 405,349 |
| Currency realignment                                     | 303 |
| At 31 December 2014                                      | 405,652 |
|                                                     |   |
| IMPAIRMENT                                               |   |
| At 1 January 2013, 31 December 2013 and 31 December 2014 | - |
|                                                     |   |
| CARRYING VALUE                                           |   |
| At 31 December 2014                                      | 405,652 |
|                                                     |   |
| At 31 December 2013                                      | - |

|     |                                                                                   |
|-----|-----------------------------------------------------------------------------------|
| 22. | IMPAIRMENT TESTING ON GOODWILL AND INTANGIBLE ASSETS WITH INDEFINITE USEFUL LIVES |

|                                                        |
|--------------------------------------------------------|
|                                                        |  |  |
|                                                   | Goodwill | Trade name |
|                                                   | HK$'000 | HK$'000 |
|                                                   |   |   |
| Surface mount technology solutions - Printing business | 405,652 | 244,792 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                   |
|-----|-------------------|
| 23. | INTANGIBLE ASSETS |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |
|                         | Salesbacklog | Tradename | Technology | Customerbases | Licenses andsimilar rights | Total |
|                         | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
| COST                         |   |   |   |   |   |   |
| At 1 January 2013            | - | - | - | - | 36,128 | 36,128 |
| Currency realignment         | - | - | - | - | 1,651 | 1,651 |
| Additions                    | - | - | - | - | 3,898 | 3,898 |
| At 31 December 2013          | - | - | - | - | 41,677 | 41,677 |
| Currency realignment         | 2 | 183 | (573) | 162 | (4,940) | (5,166) |
| Acquisitions of subsidiaries |   |   |   |   |   |   |
| (note 38)                    | 2,635 | 244,609 | 178,273 | 217,095 | - | 642,612 |
| Additions                    | - | - | - | - | 4,333 | 4,333 |
| At 31 December 2014          | 2,637 | 244,792 | 177,700 | 217,257 | 41,070 | 683,456 |
|                         |   |   |   |   |   |   |
| AMORTIZATION                 |   |   |   |   |   |   |
| At 1 January 2013            | - | - | - | - | 20,915 | 20,915 |
| Currency realignment         | - | - | - | - | 955 | 955 |
| Charge for the year          | - | - | - | - | 10,157 | 10,157 |
| At 31 December 2013          | - | - | - | - | 32,027 | 32,027 |
| Currency realignment         | - | - | - | - | (3,818) | (3,818) |
| Charge for the year          | 2,637 | - | 9,742 | 7,757 | 7,773 | 27,909 |
| At 31 December 2014          | 2,637 | - | 9,742 | 7,757 | 35,982 | 56,118 |
|                         |   |   |   |   |   |   |
| CARRYING VALUES              |   |   |   |   |   |   |
| At 31 December 2014          | - | 244,792 | 167,958 | 209,500 | 5,088 | 627,338 |
|                         |   |   |   |   |   |   |
| At 31 December 2013          | - | - | - | - | 9,650 | 9,650 |

|                             |
|-----------------------------|
|                             |  |
| Sales backlog               | Sales backlog |
| Technology                  | 10% |
| Customer bases              | 7% |
| Licenses and similar rights | 20% to 33⅓% |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                        |
|-----|------------------------|
| 24. | PREPAID LEASE PAYMENTS |

|                                     |
|-------------------------------------|
|                                     |  |  |
| Analyzed for reporting purposes as: |   |   |
|                                | 2014 | 2013 |
|                                | HK$'000 | HK$'000 |
|                                |   |   |
| Current                             | 941 | 974 |
| Non-current                         | 25,587 | 25,587 |
|                                | 26,528 | 27,957 |

|     |                       |
|-----|-----------------------|
| 25. | PLEDGED BANK DEPOSITS |

|     |             |
|-----|-------------|
| 26. | INVENTORIES |

|                  |
|------------------|
|                  |  |  |
|             | 2014 | 2013 |
|             | HK$'000 | HK$'000 |
|             |   |   |
| Raw materials    | 842,960 | 786,397 |
| Work in progress | 2,083,966 | 1,697,769 |
| Finished goods   | 959,214 | 751,953 |
|             | 3,886,140 | 3,236,119 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                             |
|-----|-----------------------------|
| 27. | TRADE AND OTHER RECEIVABLES |

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |
|                                               | 2014 | 2013 |
|                                               | HK$'000 | HK$'000 |
|                                               |   |   |
| Trade receivables (Note a)                         | 3,385,276 | 2,475,927 |
| Amount recoverable from Siemens AG (Note b)        | 33,001 | 52,741 |
| Value added tax recoverable                        | 214,525 | 170,132 |
| Tax reserve certificate recoverable                | 323,829 | 298,529 |
| Other receivables, deposits and prepayments        | 170,241 | 135,188 |
|                                               | 4,126,872 | 3,132,517 |
| Less: Non-current rental deposits paid shown under |   |   |
| non-current assets                                 | (7,332) | (16,719) |
|                                               | 4,119,540 | 3,115,798 |

|                              |
|------------------------------|
|                              |  |  |
|               | 2014 | 2013 |
|                         | HK$'000 | HK$'000 |
|                         |   |   |
| Not yet due                  | 2,751,032 | 1,939,899 |
| Overdue within 30 days       | 353,222 | 234,819 |
| Overdue within 31 to 60 days | 161,519 | 108,539 |
| Overdue within 61 to 90 days | 53,047 | 75,499 |
| Overdue over 90 days         | 66,456 | 117,171 |
|                         | 3,385,276 | 2,475,927 |

|     |                                                                                           |
|-----|-------------------------------------------------------------------------------------------|
| (a) | The amount included notes receivables amounting to HK$457,333,000 (2013: HK$469,411,000). |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Pursuant to the MSP Agreement, Siemens AG undertakes to pay to the Group such amount as is necessary to indemnify ASM AS Entities from and against any and all taxes imposed to ASM AS Entities relating to any taxable periods beginning before and ending before or after 7 January 2011 while Siemens AG was the beneficial owner.  The amount recoverable from Siemens AG represents the aggregate amount of the tax liabilities of ASM AS Entities covered under the tax indemnity and is therefore recoverable from Siemens AG.  It is due for settlement once the Group pays the related taxes and received the tax demand notes from tax authorities.  Amount of HK$15,126,000 was settled in 2014 and the remaining is expected to be settled in 2015. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                  |
|-----|----------------------------------|
| 28. | DERIVATIVE FINANCIAL INSTRUMENTS |

|                                    |
|------------------------------------|
|                                    |  |  |  |  |
|                               | 2014 | 2013 |
|                               | Assets | Liabilities | Assets | Liabilities |
|                               | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                               |   |   |   |   |
| Foreign currency forward contracts | - | 9,297 | 4,225 | - |

|     |                        |
|-----|------------------------|
| 29. | BANK BALANCES AND CASH |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                          |
|-----|--------------------------|
| 30. | TRADE AND OTHER PAYABLES |

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |
|                                             | 2014 | 2013 |
|                                             | HK$'000 | HK$'000 |
|                                             |   |   |
| Trade payables                                   | 1,373,839 | 1,161,150 |
| Amounts due to subsidiaries of a shareholder     |   |   |
| - trade (Note)                                   | - | 119 |
| Accrued salaries and wages                       | 262,946 | 243,030 |
| Other accrued charges                            | 560,069 | 382,621 |
| Deposits received from customers                 | 372,169 | 259,192 |
| Accrual for tax-related expense (note 11)        | 168,400 | - |
| Payables arising from acquisition of property,   |   |   |
| plant and equipment                              | 110,284 | 73,073 |
| Other payables                                   | 115,456 | 69,035 |
|                                             | 2,963,163 | 2,188,220 |
| Less: Non-current other liabilities and accruals | (44,705) | (36,410) |
|                                             | 2,918,458 | 2,151,810 |

|                              |
|------------------------------|
|                              |  |  |
|                         | 2014 | 2013 |
|                         | HK$'000 | HK$'000 |
|                         |   |   |
| Not yet due                  | 779,839 | 622,760 |
| Overdue within 30 days       | 302,062 | 228,622 |
| Overdue within 31 to 60 days | 166,269 | 147,766 |
| Overdue within 61 to 90 days | 70,524 | 87,837 |
| Overdue over 90 days         | 55,145 | 74,165 |
|                         | 1,373,839 | 1,161,150 |

|       |                                                                                                                                                                                                                                                                        |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | Balance represented amounts due to subsidiaries of a shareholder of the Company, ASM International N.V., which were mainly not yet due, unsecured, non-interest bearing and repayable according to normal trade terms.  Such amount was fully settled in current year. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |            |
|-----|------------|
| 31. | PROVISIONS |

|             |
|-------------|
|             |  |  |
|        | 2014 | 2013 |
|        | HK$'000 | HK$'000 |
|        |   |   |
| Current     | 354,170 | 348,901 |
| Non-current | 61,360 | 85,224 |
|        | 415,530 | 434,125 |

|                                       |
|---------------------------------------|
|                                       |  |  |
|                                  | Warranty | Restructuring |
|                                  | provision | provision |
|                                  | HK$'000 | HK$'000 |
|                                  |   |   |
| At 1 January 2013                     | 362,349 | - |
| Currency realignment                  | 12,040 | - |
| Additions                             | 314,732 | 104,521 |
| Utilization                           | (273,837) | (57,067) |
| Reversal                              | (38,611) | - |
| At 31 December 2013                   | 376,673 | 47,454 |
| Currency realignment                  | (19,768) | (160) |
| Acquisition of subsidiaries (note 38) | 5,601 | - |
| Additions                             | 260,883 | - |
| Utilization                           | (217,566) | (42,324) |
| Reversal                              | (12,471) | - |
| At 31 December 2014                   | 393,352 | 4,970 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                 |
|-----|-----------------|
| 32. | BANK BORROWINGS |

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |
|                                               | 2014 | 2013 |
|                                               | HK$'000 | HK$'000 |
| Carrying amount repayable:                         |   |   |
|                                               |   |   |
| Within one year (Note)                             | 151,379 | 486,809 |
| More than one year, but not exceeding two years    | 16,159 | 129,230 |
| More than two years, but not more than five years  | - | 16,154 |
|                                               | 167,538 | 632,193 |
| Carrying amount of bank loans that are not         |   |   |
| repayable within one year from the end of          |   |   |
| the reporting period that contains a repayment     |   |   |
| on demand clause (shown under current liabilities) | - | 63,969 |
|                                               | 167,538 | 696,162 |
| Less: Amounts due within one year shown under      |   |   |
| current liabilities                                | (151,379) | (550,778) |
| Amounts shown under non-current liabilities        | 16,159 | 145,384 |

|       |                                                                                                                           |
|-------|---------------------------------------------------------------------------------------------------------------------------|
| Note: | The amount includes bank loans amounting HK$22,106,000 (2013: HK$357,579,000) that contains a repayment on demand clause. |

|     |                              |
|-----|------------------------------|
| 33. | SHARE CAPITAL OF THE COMPANY |

|                                |
|--------------------------------|
|                                |  |  |  |  |
|                           | Number of shares | Share capital |
|                           | 2014 | 2013 | 2014 | 2013 |
|                           | '000 | '000 | HK$'000 | HK$'000 |
| Issued and fully paid:         |   |   |   |   |
|                           |   |   |   |   |
| At 1 January                   | 400,633 | 399,244 | 40,063 | 39,925 |
| Shares issued under the Scheme | 1,885 | 1,389 | 189 | 138 |
| At 31 December                 | 402,518 | 400,633 | 40,252 | 40,063 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                 |
|-----|---------------------------------|
| 34. | EMPLOYEE SHARE INCENTIVE SCHEME |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |
|                                                  | Number of |
|                                                  | Shares |
|                                                  | '000 |
|                                                  |   |
| Outstanding as at 1 January 2013                      | - |
| Shares granted on 22 March 2013                       | 1,678 |
| Allocated as Awarded Shares on 22 March 2013 (Note)   | (263) |
| Shares entitlement forfeited on 16 December 2013      | (26) |
| Shares issued on 16 December 2013                     | (1,389) |
| Outstanding as at 31 December 2013 and 1 January 2014 | - |
| Shares granted on 25 March 2014                       | 2,138 |
| Allocated as Awarded Shares on 25 March 2014 (Note)   | (211) |
| Shares entitlement forfeited on 15 December 2014      | (42) |
| Shares issued on 15 December 2014                     | (1,885) |
| Outstanding as at 31 December 2014                    | - |

|       |                                                     |
|-------|-----------------------------------------------------|
| Note: | Movement of Awarded Shares purchased is as follows: |

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |
|                                             | Number |   |
|                                             | of shares | Cost of |
|                                             | purchased | purchase |
|                                             | '000 | HK$'000 |
|                                             |   |   |
| At 1 January 2013                                | - | - |
| Shares purchased from the market during the year | 263 | 22,822 |
| Awarded Shares vested                            | (263) | (22,822) |
| At 31 December 2013 and 1 January 2014           | - | - |
| Shares purchased from the market during the year | 211 | 15,858 |
| Awarded Shares vested                            | (211) | (15,858) |
| At 31 December 2014                              | - | - |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                          |
|-----|--------------------------|
| 35. | RETIREMENT BENEFIT PLANS |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |
|                                   | 31 December |
|                                   | 2014 |  | 2013 |  |
|                                   |   |   |
| Discount rate                          | 2.40 | % | 3.70 | % |
| Average longevity at retirement age    | 63 years |  | 63 years |  |
| Expected rate of compensation increase | 2.25 | % | 2.25 | % |
| Expected rate of pension progression   | 1.75 | % | 1.75 | % |

|                                      |
|--------------------------------------|
|                                      |  |  |
|                                 | 2014 | 2013 |
|                                 | HK$'000 | HK$'000 |
|                                 |   |   |
| Principal pension benefit plans      | 127,803 | 61,337 |
| Other post-employment benefit plans  | 18,505 | 17,782 |
| Other retirement benefit obligations | 3,839 | 4,014 |
|                                 | 150,147 | 83,133 |

|                      |
|----------------------|
|                      |  |  |  |  |
|                 | Principal | Other post- | Other |   |
|                 | pension | employment | retirement |   |
|                 | benefit | benefit | benefit |   |
|                 | plans | plans | obligations | Total |
|                 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                 |   |   |   |   |
| Remeasurement losses | (76,625) | (2,031) | (95) | (78,751) |
| Income tax effect    | 25,363 | 670 | (102) | 25,931 |
|                 | (51,262) | (1,361) | (197) | (52,820) |

|                              |
|------------------------------|
|                              |  |  |  |  |
|                         | Principal | Other post- | Other |   |
|                         | pension | employment | retirement |   |
|                         | benefit | benefit | benefit |   |
|                         | plans | plans | obligations | Total |
|                         | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                         |   |   |   |   |
| Remeasurement gains (losses) | 17,861 | 275 | (174) | 17,962 |
| Income tax effect            | (5,844) | (90) | 80 | (5,854) |
|                         | 12,017 | 185 | (94) | 12,108 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                      |
|-----|--------------------------------------|
| 35. | RETIREMENT BENEFIT PLANS - continued |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |
|                                                  | 2014 | 2013 |
|                                                  | HK$'000 | HK$'000 |
|                                                  |   |   |
| Fair value of plan assets                             | 335,772 | 327,746 |
| Total present value of DBO                            |   |   |
| Defined benefit obligation (funded)                   | (459,053) | (385,067) |
| Defined benefit obligation (unfunded)                 | (4,522) | (4,016) |
| Net liability arising from defined benefit obligation | (127,803) | (61,337) |

|                                                   |
|---------------------------------------------------|
|                                                   |  |  |
|                                              | 2014 | 2013 |
|                                              | HK$'000 | HK$'000 |
|                                              |   |   |
| At 1 January                                      | 327,746 | 276,458 |
| Currency realignment                              | (39,537) | 12,770 |
| Interest income                                   | 11,248 | 10,692 |
| Return on plan assets (excluding amounts included |   |   |
| in net interest expenses)                         | 15,361 | 10,048 |
| Employer contribution                             | 20,954 | 17,778 |
| At 31 December                                    | 335,772 | 327,746 |

|                                  |
|----------------------------------|
|                                  |  |  |
| Asset class                      | 2014 | 2013 |
|                             | HK$'000 | HK$'000 |
|                             |   |   |
| Fixed income and corporate bonds | 224,967 | 224,439 |
| Equity securities                | 93,210 | 97,768 |
| Cash and other assets            | 17,595 | 5,539 |
|                             | 335,772 | 327,746 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                      |
|-----|--------------------------------------|
| 35. | RETIREMENT BENEFIT PLANS - continued |

|                                                      |
|------------------------------------------------------|
|                                                      |  |  |
|                                                 | 2014 | 2013 |
|                                                 | HK$'000 | HK$'000 |
|                                                 |   |   |
| At 1 January                                         | 389,083 | 347,551 |
| Currency realignment                                 | (48,925) | 15,840 |
| Current service cost                                 | 19,559 | 23,012 |
| Interest cost                                        | 12,722 | 12,750 |
| Remeasurement losses (gains)                         |   |   |
| Actuarial losses (gains) arising from changes in     |   |   |
| financial assumptions                                | 84,846 | (12,102) |
| Actuarial losses arising from experience adjustments | 7,140 | 4,289 |
| Transfer out                                         | - | (772) |
| Benefits paid                                        | (850) | (1,485) |
| At 31 December                                       | 463,575 | 389,083 |

|                                       |
|---------------------------------------|
|                                       |  |  |
|                                  | 2014 | 2013 |
|                                  | HK$'000 | HK$'000 |
|                                  |   |   |
| Defined benefit obligation (unfunded) | 18,505 | 17,782 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                  |
|--------------------------------------------------|
|                                                  |  |  |
|                                             | 2014 | 2013 |
|                                             | HK$'000 | HK$'000 |
|                                             |   |   |
| At 1 January                                     | 17,782 | 16,712 |
| Currency realignment                             | (2,178) | 759 |
| Current service cost                             | 526 | 588 |
| Interest cost                                    | 569 | 597 |
| Remeasurement losses (gains)                     |   |   |
| Actuarial losses (gains) arising from changes in |   |   |
| financial assumptions                            | 1,651 | (271) |
| Actuarial losses (gains) arising from experience |   |   |
| adjustments                                      | 380 | (4) |
| Benefits paid                                    | (225) | (599) |
| At 31 December                                   | 18,505 | 17,782 |

|         |                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------|
| • | If the discount rate is 50 basis points higher (lower), the defined benefit obligation would decrease by HK$36,111,000 (increase by HK$42,112,000). |

|         |                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | If the expected rate of pension in payment increases (decreases) by 50 basis point, the defined benefit obligation would increase by HK$23,541,000 (decrease by HK$21,215,000). |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                          |
|------------------------------------------|
|                                          |  |  |  |
|                                     | Principal | Other post- |   |
|                                     | pension | employment |   |
|                                     | benefit plans | benefit plans | Total |
|                                     | HK$'000 | HK$'000 | HK$'000 |
| Service cost:                            |   |   |   |
| Current service cost                     | 19,559 | 526 | 20,085 |
| Net interest expense                     | 1,474 | 569 | 2,043 |
| Components of defined benefit costs      |   |   |   |
| recognized in profit or loss             | 21,033 | 1,095 | 22,128 |
|                                     |   |   |   |
| Remeasurement losses:                    |   |   |   |
| Return on plan assets (excluding amounts |   |   |   |
| included in net interest expense)        | (15,361) | - | (15,361) |
| Actuarial losses arising from changes in |   |   |   |
| financial assumptions                    | 84,846 | 1,651 | 86,497 |
| Actuarial losses arising from            |   |   |   |
| experience adjustments                   | 7,140 | 380 | 7,520 |
| Components of defined benefit costs      |   |   |   |
| recognized in other comprehensive income | 76,625 | 2,031 | 78,656 |
|                                     |   |   |   |
| Total                                    | 97,658 | 3,126 | 100,784 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                          |
|------------------------------------------|
|                                          |  |  |  |
|                                     | Principal | Other post- |   |
|                                     | pension | employment |   |
|                                     | benefit plans | benefit plans | Total |
|                                     | HK$'000 | HK$'000 | HK$'000 |
| Service cost:                            |   |   |   |
| Current service cost                     | 23,012 | 588 | 23,600 |
| Net interest expense                     | 2,058 | 597 | 2,655 |
| Components of defined benefit costs      |   |   |   |
| recognized in profit or loss             | 25,070 | 1,185 | 26,255 |
|                                     |   |   |   |
| Remeasurement (gains) losses:            |   |   |   |
| Return on plan assets (excluding amounts |   |   |   |
| included in net interest expense)        | (10,048) | - | (10,048) |
| Actuarial gains arising from changes in  |   |   |   |
| financial assumptions                    | (12,102) | (271) | (12,373) |
| Actuarial losses (gains) arising from    |   |   |   |
| experience adjustments                   | 4,289 | (4) | 4,285 |
| Components of defined benefit costs      |   |   |   |
| recognized in other comprehensive income | (17,861) | (275) | (18,136) |
|                                     |   |   |   |
| Total                                    | 7,209 | 910 | 8,119 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                   |
|-----|-------------------|
| 36. | DEFERRED TAXATION |

|                             |
|-----------------------------|
|                             |  |  |  |  |  |  |  |  |
|                        | Depreciation/amortization | Taxlosses | Retirementbenefitobligations | Inventories | Tradereceivables | Provisions | Others | Total |
|                        | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                        | (Note a) |   | (Note b) | (Note c) | (Note c) | (Note b) |   |   |
|                        |   |   |   |   |   |   |   |   |
| At 1 January 2013           | 3,824 | 2,343 | 50,279 | 82,088 | 5,956 | 22,000 | (3,667) | 162,823 |
| Credit (charge) to profit   |   |   |   |   |   |   |   |   |
| or loss for the year        | 3,883 | 29,531 | 2,996 | 7,012 | (2,319) | 22,046 | 13,563 | 76,712 |
| Charge to other             |   |   |   |   |   |   |   |   |
| comprehensive income        |   |   |   |   |   |   |   |   |
| for the year                | - | - | (5,854) | - | - | - | - | (5,854) |
| Currency realignment        | (42) | (494) | 2,162 | 782 | 53 | 606 | (104) | 2,963 |
|                        |   |   |   |   |   |   |   |   |
| At 31 December 2013         | 7,665 | 31,380 | 49,583 | 89,882 | 3,690 | 44,652 | 9,792 | 236,644 |
| Acquisition of subsidiaries | (61,524) | 741 | - | (1,047) | 30 | - | 771 | (61,029) |
| Credit (charge) to profit   |   |   |   |   |   |   |   |   |
| or loss for the year        | 10,695 | 171 | 1,956 | 19,933 | (787) | (995) | (1,490) | 29,483 |
| Credit to other             |   |   |   |   |   |   |   |   |
| comprehensive income        |   |   |   |   |   |   |   |   |
| for the year                | - | - | 25,931 | - | - | - | - | 25,931 |
| Currency realignment        | 20 | (1,740) | (6,676) | (3,917) | 22 | (1,180) | 4,020 | (9,451) |
|                        |   |   |   |   |   |   |   |   |
| At 31 December 2014         | (43,144) | 30,552 | 70,794 | 104,851 | 2,955 | 42,477 | 13,093 | 221,578 |

|     |                                                                                                                                                                                                                                                                                                            |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | The deferred tax arose from the temporary difference between the carrying amount of property, plant and equipment and their tax base.  As at 31 December 2013, the tax depreciation was less than accounting depreciation.  A deductible temporary difference arose, and resulted in a deferred tax asset. |

|     |                                                                                                                                                                                 |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (b) | The deductible temporary difference arising from retirement benefit obligations and provisions would be reversed upon the settlement of the related obligations and provisions. |

|     |                                                                                                                                                                                                                                                   |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (c) | The deductible temporary difference mainly arising from allowances of inventories and trade receivables and unrealized profit of inventories would be reversed upon sales of inventories and write off of respective inventories and receivables. |

|                          |
|--------------------------|
|                          |  |  |
|                     | 2014 | 2013 |
|                     | HK$'000 | HK$'000 |
|                     |   |   |
| Deferred tax assets      | 317,448 | 242,427 |
| Deferred tax liabilities | (95,870) | (5,783) |
|                     | 221,578 | 236,644 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                   |
|-----|-------------------|
| 37. | CONVERTIBLE BONDS |

|     |                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (i) | at any time after 28 March 2017 and prior to the Maturity Date, the closing price of an ordinary share of the Company, for 20 out of the 30 consecutive trading days immediately prior to the date upon which the Redemption Notice is given is at least 130% of the conversion price, or |

|      |                                                                                                                                                                                           |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (ii) | at any time, prior to the date the Redemption Notice is given, at least 90% in principal amount of the convertible bonds has already been converted, redeemed or purchased and cancelled. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (i) | Liability component is initially measured at fair value amounted to approximately HK$2,128,539,000, which represents the present value of the contractually determined stream of future cash flows discounted at the prevailing market interest rate at that time applicable to instruments of comparable credit status and providing substantially the same cash flows, on the same terms, with the bondholder redemption option but without the conversion option.  It is subsequently measured at amortized cost by applying an effective interest rate of 6.786% per annum after considering the effect of the transaction costs; |

|      |                                                                                                                                                                                                                                                                                        |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (ii) | In the opinion of the directors of the Company, the economic characteristics and risks of the early redemption options are closely related to the host debt contract of the convertible bonds.  Therefore, the Company do not account for the early redemption options separately; and |

|       |                                                                                                                                                                                                                                               |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (iii) | Equity component, which is equal to the difference between the net proceeds received and the fair value of the liability component, amounted to approximately HK$266,932,000 which is presented in equity as convertible bond equity reserve. |

|                                           |
|-------------------------------------------|
|                                           |  |  |  |
|                                      | Liability | Equity |   |
|                                      | component | component | Total |
|                                      | HK$'000 | HK$'000 | HK$'000 |
|                                      |   |   |   |
| At 1 January 2014                         | - | - | - |
| Convertible bonds issued on 28 March 2014 | 2,128,539 | 271,461 | 2,400,000 |
| Transaction costs incurred                | (35,471) | (4,529) | (40,000) |
| Interest charge during the year (Note 12) | 107,826 | - | 107,826 |
| Interest paid                             | (24,000) | - | (24,000) |
| At 31 December 2014                       | 2,176,894 | 266,932 | 2,443,826 |

|                                                            |
|------------------------------------------------------------|
|                                                            |  |  |
|                                                       | 2014 | 2013 |
|                                                       | HK$'000 | HK$'000 |
|                                                       |   |   |
| Current liabilities (included in trade and other payables) | 12,690 | - |
| Non-current liabilities                                    | 2,164,204 | - |
|                                                       | 2,176,894 | - |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                           |
|-----|---------------------------|
| 38. | ACQUISITION OF BUSINESSES |

|                                          |
|------------------------------------------|
|                                          |  |
|                                     | HK$'000 |
|                                     |   |
| Property, plant and equipment            | 2,085 |
| Intangible assets                        | 6,985 |
| Inventories                              | 32,391 |
| Trade and other receivables              | 13,012 |
| Trade and other payables                 | (30,717) |
| Deferred tax liabilities                 | (1,576) |
|                                     | 22,180 |
|                                     |   |
|                                     | HK$'000 |
| Net cash outflow arising on acquisition: |   |
|                                     |   |
| Consideration paid in cash               | 22,180 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                       |
|-----|---------------------------------------|
| 38. | ACQUISITION OF BUSINESSES - continued |

|                                             |
|---------------------------------------------|
|                                             |  |
|                                        | HK$'000 |
| Consideration transferred:                  |   |
|                                        |   |
| Cash paid                                   | 1,350,515 |
| Contingent consideration arrangement (Note) | - |
|                                        | 1,350,515 |

|       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Note: | The contingent consideration requires the Group to pay the Sellers an additional HK$232,518,000 if the sales of the Target Companies can exceed the amount of revenue specified in the S&P Agreement in 2014 calendar year or 12-month period ending 31 March 2015.  In accordance to the estimated sales performance and profit forecast of the DEK Business, the directors do not consider it is probable that this payment will be required.  The estimated fair value of this obligation is nil. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                               |
|-------------------------------|
|                               |  |
|                          | HK$'000 |
|                          |   |
| Property, plant and equipment | 105,406 |
| Intangible assets             | 635,627 |
| Deferred tax assets           | 2,344 |
| Inventories                   | 194,140 |
| Trade and other receivables   | 208,685 |
| Income tax recoverable        | 6,155 |
| Bank balances and cash        | 39,401 |
| Trade and other payables      | (173,048) |
| Provisions                    | (5,601) |
| Income tax payable            | (6,146) |
| Deferred tax liabilities      | (61,797) |
|                          | 945,166 |

|                                                    |
|----------------------------------------------------|
|                                                    |  |
|                                               | HK$'000 |
|                                               |   |
| Consideration transferred                          | 1,350,515 |
| Less: fair value of identified net assets acquired | (945,166) |
|                                               | 405,349 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                  |
|--------------------------------------------------|
|                                                  |  |
|                                             | HK$'000 |
| Net cash outflow on DEK Acquisition:             |   |
|                                             |   |
| Consideration paid in cash                       | 1,350,515 |
| Less: cash and cash equivalent balances acquired | (39,401) |
|                                             | 1,311,114 |

|     |                        |
|-----|------------------------|
| 39. | CONTINGENT LIABILITIES |

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |
|                                                  | 2014 | 2013 |
|                                                  | HK$'000 | HK$'000 |
| Guarantees given to the Singapore government for work |   |   |
| permits of foreign workers in Singapore               | 2,500 | 2,671 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                               |
|-----|-------------------------------|
| 40. | CAPITAL AND OTHER COMMITMENTS |

|                                                             |
|-------------------------------------------------------------|
|                                                             |  |  |
|                                                        | 2014 | 2013 |
|                                                        | HK$'000 | HK$'000 |
| Capital expenditure in respect of the acquisition of        |   |   |
| property, plant and equipment:                              |   |   |
| - authorized but not contracted for                         | - | 72,259 |
| - contracted for but not provided in the consolidated       |   |   |
| financial statements                                        | 417,431 | 113,725 |
| Other commitment in respect of acquisition of land          |   |   |
| use right:                                                  |   |   |
| - contracted for but not provided in the consolidated       |   |   |
| financial statements                                        | - | 26,904 |
| Other commitment in respect of acquisitions of subsidiaries |   |   |
| (see note 38):                                              |   |   |
| - contracted for but not provided in the consolidated       |   |   |
| financial statements                                        | - | 1,550,760 |
|                                                        | 417,431 | 1,763,648 |

|     |                             |
|-----|-----------------------------|
| 41. | OPERATING LEASE COMMITMENTS |

|                              |
|------------------------------|
|                              |  |  |  |  |  |  |
|                         |   | 2014 |   |   | 2013 |   |
|                         |   | Motor |   |   | Motor |   |
|                         | Land and | vehicles |   | Land and | vehicles |   |
|                         | buildings | and others | Total | buildings | and others | Total |
|                         | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                         |   |   |   |   |   |   |
| Within one year              | 180,245 | 10,365 | 190,610 | 192,329 | 7,537 | 199,866 |
| In the second to fifth years |   |   |   |   |   |   |
| inclusive                    | 213,669 | 13,796 | 227,465 | 326,994 | 13,388 | 340,382 |
| Over five years              | 12,272 | - | 12,272 | 18,642 | - | 18,642 |
|                         | 406,186 | 24,161 | 430,347 | 537,965 | 20,925 | 558,890 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                          |
|-----|------------------------------------------|
| 42. | CONNECTED AND RELATED PARTY TRANSACTIONS |

|                          |
|--------------------------|
|                          |  |  |
|                     | 2014 | 2013 |
|                     | HK$'000 | HK$'000 |
|                     |   |   |
| Short-term benefits      | 19,396 | 26,667 |
| Post-employment benefits | 1,146 | 1,260 |
| Share-based payments     | 19,636 | 27,092 |
|                     | 40,178 | 55,019 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                      |
|-----|------------------------------------------------------|
| 43. | PARTICULARS OF PRINCIPAL SUBSIDIARIES OF THE COMPANY |

|                                                                                                                                    |
|------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                    |  |  |  |  |  |
|                                                                                                                               |   | Nominal value | Proportion of nominal |   |
|                                                                                                                               |   | of issued capital | value of issued ordinary |   |
|                                                                                                                               | Place of |   | share/registered capital |   |
|                                                                                                                               | incorporation/ | Ordinary shares/ | held by the Company | Principal activities |
| Name of subsidiary                                                                                                                 | establishment | registered capital | Directly | Indirectly |   |
|                                                                                                                               |   |   |   |   |   |
| ASM Assembly Equipment                                                                                                             | Thailand | Baht7,000,000 | - | 100% | Marketing service |
| Bangkok Limited                                                                                                                    |   |   |   |   |   |
|                                                                                                                               |   |   |   |   |   |
| ASM Assembly Equipment                                                                                                             | Malaysia | MYR10,000 | - | 100% | Marketing service |
| (M) Sdn. Bhd.                                                                                                                      |   |   |   |   |   |
|                                                                                                                               |   |   |   |   |   |
| ASM Assembly Systems                                                                                                               | Germany | EUR20,200,000 | - | 100% | Manufacture and sale of surface |
| GmbH & Co. KG (Note a)                                                                                                         |   |   |   |   | mount technology equipment and |
|                                                                                                                               |   |   |   |   | trading of semiconductor |
|                                                                                                                               |   |   |   |   | equipment |
|                                                                                                                               |   |   |   |   |   |
| ASM Assembly Systems, LLC                                                                                                          | Delaware, | - | - | 100% | Trading of surface mount |
|                                                                                                                               | United States |   |   |   | technology equipment |
|                                                                                                                               |   |   |   |   |   |
| 先進裝配系統有限公司                                                   | PRC | EUR5,400,000 | - | 100% | Trading of surface mount |
| (ASM Assembly Systems Ltd.)*                                                                                                       |   |   |   |   | technology equipment |
|                                                                                                                               |   |   |   |   |   |
| ASM Assembly Systems Singapore                                                                                                     | Singapore | S$33,000,001 | - | 100% | Manufacture and sale of surface |
| Pte. Ltd.                                                                                                                          |   |   |   |   | mount technology equipment |
|                                                                                                                               |   |   |   |   |   |
| 先進電子裝配系統製造(深圳)有限公司 | PRC | US$750,000 | - | 100% | Manufacture and sale of surface |
| (ASM Assembly Systems Manufacturing                                                                                                |   |   |   | (Note b) | mount technology equipment |
| (Shenzhen) Co., Ltd.)*                                                                                                             |   |   |   |   |   |

|                                                                                                                            |
|----------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                            |  |  |  |  |  |
|                                                                                                                       |   |   |   |   |   |
| ASM Assembly Systems Switzerland                                                                                           | Switzerland | CHF500,000 | - | 100% | Trading of surface mount |
| GmbH                                                                                                                       |   |   |   | (Note b) | technology equipment |
|                                                                                                                       |   |   |   |   |   |
| ASM Assembly Systems Weymouth                                                                                              | United Kingdom | GBP80,000 | - | 100% | Manufacture of surface mount |
| Limited                                                                                                                    |   |   |   | (Note b) | technology equipment |
|                                                                                                                       |   |   |   |   |   |
| ASM Assembly Technology Co.,                                                                                               | Japan | JPY10,000,000 | 100% | - | Trading of semiconductor |
| Ltd.                                                                                                                       |   |   |   |   | equipment |
|                                                                                                                       |   |   |   |   |   |
| 先域微電子技術服務(上海)有限公司 | PRC | US$400,000 | - | 100% | Trading of semiconductor |
| (ASM Microelectronic Technical                                                                                             |   |   |   |   | equipment |
| Services (Shanghai) Co., Limited)*                                                                                         |   |   |   |   |   |
|                                                                                                                       |   |   |   |   |   |
| ASM Pacific Assembly                                                                                                       | United States | US$60,000 | - | 100% | Trading of semiconductor |
| Products, Inc.                                                                                                             | of America |   |   |   | equipment and materials |
|                                                                                                                       |   |   |   |   |   |
| ASM Pacific (Holding) Limited                                                                                              | Hong Kong | HK$1,000,000 | 100% | - | Trading of semiconductor |
|                                                                                                                       |   |   |   |   | equipment and materials in |
|                                                                                                                       |   |   |   |   | Taiwan |
|                                                                                                                       |   |   |   |   |   |
| ASM Pacific (Hong Kong) Limited                                                                                            | Hong Kong | HK$500,000 | 100% | - | Trading of semiconductor |
|                                                                                                                       |   |   |   |   | equipment, surface mount |
|                                                                                                                       |   |   |   |   | technology equipment and |
|                                                                                                                       |   |   |   |   | materials in Hong Kong and |
|                                                                                                                       |   |   |   |   | marketing service in Korea |
|                                                                                                                       |   |   |   |   |   |
|                                                                                                                       |   |   |   |   |   |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|                                                                                                            |
|------------------------------------------------------------------------------------------------------------|
|                                                                                                            |  |  |  |  |  |
|                                                                                                       |   | Nominal value | Proportion of nominal |   |
|                                                                                                       |   | of issued capital | value of issued ordinary |   |
|                                                                                                       | Place of |   | share/registered capital |   |
|                                                                                                       | incorporation/ | Ordinary shares/ | held by the Company | Principal activities |
| Name of subsidiary                                                                                         | establishment | registered capital | Directly | Indirectly |   |
| 先進半導體材料(深圳)有限公司 | PRC | US$42,722,392 | - | 100% | Manufacture of semiconductor |
| (ASM Materials China Limited)*                                                                             |   | (2013: US$41,672,392) |   |   | equipment and materials |
|                                                                                                       |   |   |   |   |   |
| ASM Technology Asia Limited                                                                                | Hong Kong | HK$2 | 100% | - | Investment holding and agency |
|                                                                                                       |   |   |   |   | services and also provision of |
|                                                                                                       |   |   |   |   | logistics and purchasing services |
|                                                                                                       |   |   |   |   | to group companies |
|                                                                                                       |   |   |   |   |   |
| 先進科技(中國)有限公司                         | PRC | US$26,058,159 | - | 100% | Research and development of |
| (ASM Technology China Limited)*                                                                            |   |   |   |   | semiconductor equipment |
|                                                                                                       |   |   |   |   |   |
| ASM Technology Hong Kong                                                                                   | Hong Kong | HK$10,000,000 | 100% | - | Manufacture of semiconductor |
| Limited                                                                                                    |   |   |   |   | equipment and provision of |
|                                                                                                       |   |   |   |   | research and development |
|                                                                                                       |   |   |   |   | services |
|                                                                                                       |   |   |   |   |   |
| 先進科技(惠州)有限公司                         | PRC | US$107,737,691 | - | 100% | Manufacture of semiconductor |
| (ASM Technology (Huizhou)                                                                                  |   |   |   |   | equipment and surface mount |
| Co., Ltd.)*                                                                                                |   |   |   |   | technology equipment |
|                                                                                                       |   |   |   |   |   |
| ASM Technology (M) Sdn. Bhd.                                                                               | Malaysia | MYR74,000,000 | 100% | - | Manufacture of semiconductor |
|                                                                                                       |   |   |   |   | equipment, materials and surface |
|                                                                                                       |   |   |   |   | mount technology equipment |
|                                                                                                       |   |   |   |   |   |
| ASM Technology Singapore                                                                                   | Singapore | S$53,000,000 | 100% | - | Manufacture and sale of |
| Pte Ltd.                                                                                                   |   |   |   |   | semiconductor equipment and |
|                                                                                                       |   |   |   |   | materials |
|                                                                                                       |   |   |   |   |   |
| 進峰貿易(深圳)有限公司                         | PRC | US$300,000 | - | 100% | Trading of semiconductor |
| (Edgeward Trading (Shenzhen)                                                                               |   |   |   |   | equipment and materials |
| Limited)*                                                                                                  |   |   |   |   |   |
|                                                                                                       |   |   |   |   |   |
| 深圳先進微電子科技有限公司   | PRC | (Note c) | - | (Note c) | Manufacture of semiconductor |
| (Shenzhen ASM Micro Electronic                                                                             |   |   |   |   | equipment and surface mount |
| Technology Co., Ltd.)                                                                                      |   |   |   |   | technology equipment |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Pursuant to the MSP Agreement entered into with Siemens AG, the Company undertook for a period of three years from the date of completion of acquisition (i.e. 7 January 2011) of the ASM AS Entities not to directly or indirectly make, resolve on, initiate, enable or accept dividend payments and loan repayments from ASM AS KG.  As at 31 December 2013, no loan was advanced to ASM AS KG and the retained profits of ASM AS KG amounted to EUR23,148,000 (equivalent to approximately HK$247,534,000). |

|     |                                                                                        |
|-----|----------------------------------------------------------------------------------------|
| (b) | These entities were acquired on 2 July 2014 through the DEK Acquisition (see note 38). |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (c) | Under a joint venture agreement, the Group has committed to contribute 100% of the registered capital of HK$718,300,000 (2013: HK$718,300,000) in 深圳先進微電子科技有限公司 (Shenzhen ASM Micro Electronic Technology Co., Ltd.) ("MET"), a co-operative joint venture company established in the PRC with a term of 10 years commencing October 1994.  On 23 February 2004, the term was approved to be |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|   |                                                              |
|---|--------------------------------------------------------------|
| * | Established as a wholly foreign owned enterprise in the PRC. |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                     |
|-----|-----------------------------------------------------|
| 44. | INFORMATION ABOUT FINANCIAL POSITION OF THE COMPANY |

|                                      |
|--------------------------------------|
|                                      |  |  |
|                                 | 2014 | 2013 |
|                                 | HK$'000 | HK$'000 |
| Assets                               |   |   |
| Unlisted investments in subsidiaries | 464,199 | 464,199 |
| Loans to subsidiaries                | 1,904,873 | 759,379 |
| Pledged bank deposit                 | 188,340 | 213,866 |
| Amounts due from subsidiaries        | 3,873,895 | 2,580,485 |
| Other current assets                 | 11,025 | 117,353 |
|                                 | 6,442,332 | 4,135,282 |
|                                 |   |   |
| Liabilities                          | (2,678,344) | (971,292) |
|                                 |   |   |
|                                 | 3,763,988 | 3,163,990 |
|                                 |   |   |
| Capital and reserves                 |   |   |
| Share capital (see note 33)          | 40,252 | 40,063 |
| Reserves (Note)                      | 3,723,736 | 3,123,927 |
|                                 | 3,763,988 | 3,163,990 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|       |                      |
|-------|----------------------|
| Note: | Movement in reserves |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |
|                                   |   | Employee | Shares |   |   |   |   |   |   |
|                                   |   | share-based | held for | Capital |   | Convertible |   |   |   |
|                                   | Share | compensation | share award | redemption | Capital | bonds equity | Retained | Dividend |   |
|                                   | premium | reserve | scheme | reserve | reserve | reserve | profits | reserve | Total |
|                                   | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 | HK$'000 |
|                                   |   |   |   |   |   |   |   |   |   |
| At 1 January 2013                      | 825,265 | - | - | 155 | 56,143 | - | 1,868,773 | 119,773 | 2,870,109 |
|                                   |   |   |   |   |   |   |   |   |   |
| Profit and total comprehensive         |   |   |   |   |   |   |   |   |   |
| income for the year                    | - | - | - | - | - | - | 393,869 | - | 393,869 |
| Sub-total                              | 825,265 | - | - | 155 | 56,143 | - | 2,262,642 | 119,773 | 3,263,978 |
| Recognition of equity-settled          |   |   |   |   |   |   |   |   |   |
| share-based payments                   | - | 142,418 | - | - | - | - | - | - | 142,418 |
| Purchase of shares under the           |   |   |   |   |   |   |   |   |   |
| Employee Share Incentive Scheme        | - | - | (22,822) | - | - | - | - | - | (22,822) |
| Shares vested under the Employee       |   |   |   |   |   |   |   |   |   |
| Share Incentive Scheme                 | - | (22,822) | 22,822 | - | - | - | - | - | - |
| Shares issued under the Employee       |   |   |   |   |   |   |   |   |   |
| Share Incentive Scheme                 | 119,458 | (119,596) | - | - | - | - | - | - | (138) |
| 2012 final dividend paid               | - | - | - | - | - | - | - | (119,773) | (119,773) |
| 2013 interim dividend paid             | - | - | - | - | - | - | (139,736) | - | (139,736) |
| 2013 final dividend proposed           | - | - | - | - | - | - | (200,317) | 200,317 | - |
| At 31 December 2013 and 1 January 2014 | 944,723 | - | - | 155 | 56,143 | - | 1,922,589 | 200,317 | 3,123,927 |
|                                   |   |   |   |   |   |   |   |   |   |
| Profit and total comprehensive         |   |   |   |   |   |   |   |   |   |
| income for the year                    | - | - | - | - | - | - | 723,448 | - | 723,448 |
| Sub-total                              | 944,723 | - | - | 155 | 56,143 | - | 2,646,037 | 200,317 | 3,847,375 |
| Recognition of equity-settled          |   |   |   |   |   |   |   |   |   |
| share-based payments                   | - | 146,300 | - | - | - | - | - | - | 146,300 |
| Purchase of shares under the           |   |   |   |   |   |   |   |   |   |
| Employee Share Incentive Scheme        | - | - | (15,858) | - | - | - | - | - | (15,858) |
| Shares vested under the Employee       |   |   |   |   |   |   |   |   |   |
| Share Incentive Scheme                 | - | (15,858) | 15,858 | - | - | - | - | - | - |
| Shares issued under the Employee       |   |   |   |   |   |   |   |   |   |
| Share Incentive Scheme                 | 130,253 | (130,442) | - | - | - | - | - | - | (189) |
| Recognition of equity component        |   |   |   |   |   |   |   |   |   |
| of convertible bonds                   | - | - | - | - | - | 266,932 | - | - | 266,932 |
| 2013 final dividend paid               | - | - | - | - | - | - | - | (200,317) | (200,317) |
| 2014 interim dividend paid             | - | - | - | - | - | - | (320,507) | - | (320,507) |
| 2014 final dividend proposed           | - | - | - | - | - | - | (523,274) | 523,274 | - |
| At 31 December 2014                    | 1,074,976 | - | - | 155 | 56,143 | 266,932 | 1,802,256 | 523,274 | 3,723,736 |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |                                                                                                        |
|-----|--------------------------------------------------------------------------------------------------------|
| 45. | RECONCILIATION TO ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("US GAAP") |

|                          |
|--------------------------|
|                          |  |  |  |
|                     | Notes | 2014 | 2013 |
|                     |   | HK$'000 | HK$'000 |
|                     |   |   |   |
| Net income under HKFRS   |   | 1,599,954 | 558,589 |
| Adjustments for:         |   |   |   |
| - Deferred income taxes  | (a) | (20,165) | (2,178) |
| - Pension                | (c) | - | (7,387) |
| Net income under US GAAP |   | 1,579,789 | 549,024 |

|                                    |
|------------------------------------|
|                                    |  |  |  |
|                               | Notes | 2014 | 2013 |
|                               |   | HK$'000 | HK$'000 |
|                               |   |   |   |
| Shareholders' equity under HKFRS   |   | 8,205,194 | 7,081,265 |
| Adjustments for:                   |   |   |   |
| - Deferred income taxes            | (a) | (24,143) | (2,645) |
| - Goodwill                         | (b) | 372 | - |
| Shareholders' equity under US GAAP |   | 8,181,423 | 7,078,620 |

|     |                       |
|-----|-----------------------|
| (a) | Deferred income taxes |

|     |          |
|-----|----------|
| (b) | Goodwill |

----

|                                |
|--------------------------------|
|                                |  |
| ASM PACIFIC TECHNOLOGY LIMITED |   |

|     |         |
|-----|---------|
| (c) | Pension |