<!DOCTYPE html PUBLIC -//W3C//DTD XHTML 1.0 Transitional//EN http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd><html xmlns=http://www.w3.org/1999/xhtml>	<head>		<meta http-equiv=Content-Type content=text/html; charset=utf-8 /><title>		</title>		<style type=text/css>			.cs2654AE3A{text-align:left;text-indent:0pt;margin:0pt 0pt 0pt 0pt}			.cs63EB74B2{color:#000000;background-color:transparent;font-family:Times New Roman;font-size:12pt;font-weight:normal;font-style:normal;}		</style>	</head>	<body>		<p class=cs2654AE3A><span class=cs63EB74B2>For IIP FDI positions, market values aer used for listed equity and the market capitalisation method is used for unlisted equity (while for FDI positions by partner country and by industry, own funds at book values are used). We apply weighted average market capitalisation ratios calculated in various industry groups and apply them to each FDI company&#39;s book value in that industry group. Certain industries have adjustments applied, such as the auto sector and the banking sector.The ratios are applied only to companies above a certain threshold value.When we make IIP-FDI market value estimates we use the above methods.</span></p><p class=cs2654AE3A><span class=cs63EB74B2>&nbsp;</span></p></body></html>