600807 2004

2004... 1... 2... 3... 5... 8... 13... 15... 16... 23... 25..28... 65 1

2004 1 2 3 4 1

2004 1 SHANDONG JINAN DEPARTMENT STORE(GROUP) CO.LTD S.J.D.S.G 2 3 180 05316030094 05316030094 E-mailwangshengwen807@163.com 4 264 180 250011 http//w w w.bd807.com.cn JNBH807@163.com 5 http//w w w.sse.com.cn 6 A A ST A 600807 1992 7 26 2002 9 10 3700001801070 370102267172303 25 E 2

2004 : : -43,878,158.36-40,139,133.38-45,092,949.17 4,783,720.83-3,989,668.92-43,779,775.75-32,154.04 0-66,228.57-76,131,579.13-3,407,742.37 : : -49,272.06-66,228.57 5,069,316.42 4,953,815.79 1 2 3 : : 2004 2003 2002 (%) 22,031,828.84 32,481,542.55-32.17 26,360,698.49 26,360,698.49-43,878,158.36 1,401,038.57-3,231.83-62,808,335.48-57,077,957.75-40,139,133.38 2,452,567.33-1,736.62-61,168,080.86-55,437,703.13-45,092,949.17-33,687,080.88-33.86-63,332,054.07-57,601,676.34 2002 2004 2003 (%) 435,240,787.65 430,694,498.09 1.06 365,492,792.11 365,492,792.11 29,043,578.05 69,096,898.03-57.97 64,847,166.93 82,061,047.57-76,131,579.13-22,409,697.36-239.73 1,279,009.47 1,279,009.47 2004 2003 2002 (%) 3

2004-0.37 0.02-1950.00-0.57-0.51 % -138.20 3.55-141.75-94.33-67.56-155.26-48.75-106.51-97.66-70.19 % -0.71-0.21-238.10 0.01 0.01 2002 2004 2003 (%) 0.27 0.64-57.81 0.60 0.76-0.18 0.11-263.64 0.23 0.39 9 : : % 0.16 0.10 0.04 0.04-1.51-0.89-0.41-0.41-1.38-0.82-0.37-0.37-1.55-0.92-0.42-0.42 : : 107,920,800.00 52,002,619.23 18,033,666.56 7,971,573.07-108,860,187.76 69,096,898.03 832,732.47 40,139,133.38 40,053,319.98 107,920,800.00 52,835,351.70 18,033,666.56 7,971,573.07-148,999,321.14 29,043,578.05 1) 2) 3) 4

2004 1 : 136,270,000 36,270,000 36,270,000-32,162,245 4,107,755 0 32,162,245 32,162,245 2 7,300,800 7,300,800 3 4 43,570,800 43,570,800 1 64,350,000 64,350,000 2 3 4 64,350,000 64,350,000 107,920,800 107,920,800 2 (1) (2) 2002 6 28 2004 11 2 10792.08 410.7755 3.81% 3216.2245 29.8% (3) 5

2004 1 15,729 21 A 15,708 2 ( ) : 32,162,245 32,162,245 29.8-32,162,245 4,107,755 3.81 0 2,047,500 1.90 0 1,755,000 1.63 1,402,207 1,402,207 1.30 0 1,170,000 1.08 275,900 575,900 0.53 453,060 453,060 0.42 0 409,500 0.38 350,000 350,000 0.32 3 1 1.68 2001 1 8 2 3 2004-11-02 2004-11-03 2002 6 28 2004 11 2 6

2004 10792.08 410.7755 3.81% 3216.2245 29.8% 4 100% 92.2% 84.53% 29.8% 4 10 10 5 1,402,207 ABH A 575,900 A 453,060 A 350,000 A 332,948 A 330,000 A 322,600 A 321,068 A 270,185 A 270,000 A 7

2004 1 : 43 2002-08-02 2005-05-22 0 0 0 41 2002-08-02 2005-05-22 0 0 0 42 2002-06-30 2005-05-22 0 0 0 43 2002-06-30 2005-05-22 0 0 0 43 2003-04-25 2005-05-22 0 0 0 40 2002-08-02 2005-05-22 0 0 0 35 2002-08-02 2005-05-22 0 0 0 50 2002-08-02 2005-05-22 0 0 0 45 2002-08-02 2005-05-22 0 0 0 42 2002-08-02 2005-05-22 0 0 0 47 2002-08-02 2005-05-22 0 0 0 42 2002-08-02 2005-05-22 0 0 0 51 2002-05-22 2005-05-22 0 0 0 46 2002-05-22 2005-05-22 0 0 0 37 2002-05-24 2005-05-22 0 0 0 41 2002-05-22 2005-05-22 0 0 0 52 2002-05-22 2005-05-22 0 0 0 51 2002-05-22 2005-05-22 0 0 0 47 2002-05-22 2005-05-22 0 0 0 46 2002-05-22 2005-05-22 0 1,000 1,000 43 2002-05-22 2005-05-22 0 0 0 41 2002-05-22 2005-05-22 0 0 0 40 2002-05-22 2005-05-22 0 0 0 37 2002-05-22 2005-05-22 0 0 0 (1), (2) 8

2004 (3) (4) (5) MBA (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) 9

2004 (19) (20) (21) (22) (23) (24) 2 2001 1 2001 1 2003 5 2003 5 2001 1 2001 1 2001 1 2003 9 2002 5 2003 9 2004 9 2002 2 2000 5 2001 11 2001 10 1998 9 2004 6 2004 5 10

2004 2003 9 2004 9 2004 9 1998 8 1998 8 1998 8 2003 9 2004 9 2004 9 2004 9 2004 9 2003 9 2003 9 1 : 2 3 : : 26.2 5.4 5.4 3 4 11

2004 5 3-4 1 1-2 8 2004 2 10 2004 4 19 2004 10 26 396 473 2004 706 1 29 6 361 12

2004 13 2 187 174 1 2 --- 3

2004 4 5 6 1 7 6 1 7 7 7 6 1 2 14

2004 1) 2) 3) 4) 5) 1) 2004 4 21 2004 6 19 5 36279994 33.62% 1 OO 2 OO 15

2004 3 OO 4 OO 5 OO 6 2004 6 22 2004 2004 6 264 180 " " 2004 11 264 2004 2203.18 478.37-4013.91 1 (1) 16

2004 (2) : : (%) (%) 2,203 100 478 100 2,203 100 478 100 (3) (4) 10% : : (%) 2,203 1,717 22.07 2 (1) : : 1,200 813-139 600 489-40 100 304-88 300 762-371. 1,000 10,995-343 3 350 20 17

2004 4 1 2 3 4 300, 210 860 80.37 1 2 1) 2004 8 24 300 210 70% 90 30% 2004 11 371 : : 435,240,787.65 430,694,498.09 4,546,289.56 0.01 4,783,720.83 4,272,791.09 510,929.74 0.11-40,139,133.38 2,452,567.33-42,591,700.61-17.37-3,407,742.37 3,877,200.32-7,284,942.69-1.88 29,043,578.05 69,096,898.03-40,053,319.98-0.58 18

2004 2004 12 17 20 40 4 20 2005 1 1 500 1 1) 2004 2 10 2) 2004 3 15 (1) (2) 3) 2004 4 19 (1) OO (2) OO 19

2004 (3) OO (4) OO (5) (6) (7) OO (8) OO (9) (10) (11) (12) (13) OO 4) 2004 4 28 OO 5) 2004 8 24 (1) 300 210 70% 90 30% (2) 2004 6) 2004 10 26 (1) (2) OO 7) 2004 12 17 20

2004 2, OO 2003 245.3 2001-11131.3-10886.0 2003 2004 2004-4013.9 4013.9-10886 -14899.9 OO ( ), ( ) 2004 12 31 2004 2004, 2005 1 29, 2004 21

2004, 2004, 2004 12 31 ------ 11,045,735.02 [1997]85 [2000]26 1997 1998 2004 5 2004 11 2 3627 3216.2245 ( 2004 11 22 ) 3216.2245 29.80% 410.7755 3.81% 2004, : OO : : 11,045,735.02 11,045,735.02 [1997]85 [2000]26 1997 1998 22

2004 200356 4652.64 300 [2003] 56 2003 50% 200356 2003 OO 1 2004 4 19 5 5 (1) OO (2) OO (3) OO 23

2004 (4) OO (5) (6) OO 2 2004 8 24 5 4 (1) (2) 2004 3 2004 12 17 5 5 2004 2004 24

2004 210 2004 2004 11 29 2004 360 84810000.00 7519823.07 2004 9 20 380579.00 2004 12 10 2004 99 2004 360 13383.79 8481 7519823.07 2004 12 2 2004 12 11 1 : : 2,189.60 2,189.60 0 0 0 2,189.60 2,189.60 25

2004 1 2 3 4 2000 2002 17,213,880.64 2003 200 2003 69 2003 2,283,691.83 300 3,048,510.00 2002 5 6 2004 12 2 268 10792 10 5% 26

2004 20 2 20 3 2003 2004 1)2004 1 13 2003 2)2004 4 21 2003 2003 3)2004 4 27 4)2004 9 1 5)2004 11 4 6)2004 12 2 7)2004 12 10 8)2004 12 11 9)2004 12 18 10)2004 12 31 27

2004 (2005)2005 2004 12 31 2004 2004 2004 12 31 2004 1 2004 12 31 2 2004 3 2004 4 2004 28

( ) : 20041231 20031231 1 5,061,443.29 2,728,355.30 8,469,185.66 7,610,261.37 2 14,401,490.86 7,876,989.01 16,565,822.52 8,981,077.31 3 44,724,101.94 45,439,912.87 51,208,240.67 51,034,509.86 4 8,142,777.30 134,482.50 5 5,953,642.99 5,953,642.99 5,953,642.99 5,953,642.99 6 106,401,734.94 405,611.76 91,406,228.80 695,233.90 7 13,371.88 31,250.00 184,698,563.20 62,404,511.93 173,768,853.14 74,274,725.43 8 831,347.84 9,691,197.88 863,501.89 13,247,344.43 831,347.84 9,691,197.88 863,501.89 13,247,344.43 281,347.84 313,501.89 9 248,181,274.40 245,076,789.10 243,097,168.59 241,925,674.85 45,112,982.32 44,741,681.24 35,182,013.96 34,200,815.61 203,068,292.08 200,335,107.86 207,915,154.63 207,724,859.24 203,068,292.08 200,335,107.86 207,915,154.63 207,724,859.24 0.00 779,532.46 10 19,376,830.00 19,376,830.00 19,288,830.00 19,288,830.00 222,445,122.08 219,711,937.86 227,983,517.09 227,013,689.24 11 27,265,754.53 27,265,754.53 28,078,625.97 28,078,625.97 27,265,754.53 27,265,754.53 28,078,625.97 28,078,625.97 435,240,787.65 319,073,402.20 430,694,498.09 342,614,385.07

( ) : 20041231 20031231 12 203,485,926.92 136,207,017.00 135,407,017.00 132,407,017.00 13 18,475,178.75 12,281,854.24 39,748,116.76 14,578,631.90 30,250.00 14 3,587,062.28 3,151,263.75 3,652,906.10 3,610,343.75 15 328,817.43-98,559.98 243,263.38 7,731.22 16 21,164.20 21,164.20 21,164.20 21,164.20 17 19,399,814.09 17,855,063.76 15,895,307.23 15,424,263.60 18 148,733.48 140,152.20 143,232.77 138,130.24 19 52,157,104.55 18,885,849.75 60,869,397.47 10,615,578.92 20 36,062,058.16 34,264,981.76 32,881,871.43 32,391,095.43 21 19,497,572.45 19,497,572.45 19,497,572.45 19,497,572.45 353,163,432.31 242,206,359.13 308,390,098.79 228,691,528.71 22 48,114,663.00 48,114,663.00 46,196,281.06 46,196,281.06 48,114,663.00 48,114,663.00 46,196,281.06 46,196,281.06 401,278,095.31 290,321,022.13 354,586,379.85 274,887,809.77 4,919,114.29 7,011,220.21 23 107,920,800.00 107,920,800.00 107,920,800.00 107,920,800.00 107,920,800.00 107,920,800.00 107,920,800.00 107,920,800.00 24 52,835,351.70 52,835,351.70 52,002,619.23 52,002,619.23 25 18,033,666.56 17,757,534.19 18,033,666.56 17,757,534.19 7,971,573.07 7,892,237.43 8,067,133.55 7,892,237.43 26-148,999,321.14-149,761,305.82-108,860,187.76-109,954,378.12-746,919.07 29,043,578.05 28,752,380.07 69,096,898.03 67,726,575.30 435,240,787.65 319,073,402.20 430,694,498.09 342,614,385.07

: 2004 2003 27 22,031,828.84 4,760,467.99 32,481,542.55 13,281,200.41 : 17,170,238.29 5,502,731.72 27,537,510.28 9,732,044.29 28 77,869.72 9,672.08 671,241.18 647,692.72 4,783,720.83-751,935.81 4,272,791.09 2,901,463.40 :29-3,989,668.92-1,989,668.92 68,966.10 68,966.10 6,000,435.28 3,776,847.27 7,223,143.97 6,331,729.31 30,822,127.73 22,420,067.53 23,172,192.24 21,237,371.41 30 7,751,264.65 5,178,763.05 8,299,615.54 8,071,268.41-43,779,775.75-34,117,282.58-34,353,194.56-32,669,939.63 : 31-32,154.04-5,656,146.55 35,791,961.49 34,356,986.04 32 347.00 300.00 : 33 66,575.57 33,498.57 38,028.36-340,797.21-43,878,158.36-39,806,927.70 1,401,038.57 2,027,843.62 : -2,992,105.91-1,051,528.76-746,919.07-40,139,133.38-39,806,927.70 2,452,567.33 2,027,843.62 : -108,860,187.76-109,954,378.12-111,312,755.09-111,982,221.74-148,999,321.14-149,761,305.82-108,860,187.76-109,954,378.12-148,999,321.14-149,761,305.82-108,860,187.76-109,954,378.12 2004-148,999,321.14-149,761,305.82-108,860,187.76-109,954,378.12

26,437,932.87 8,420,637.72 35 211,938.70 26,649,871.57 8,420,637.72 76,980,893.89 4,948,602.27 10,483,411.93 8,573,250.21 233,411.01 136,371.43 36 15,083,733.87 8,685,099.70 102,781,450.70 22,343,323.61-76,131,579.13-13,922,685.89 : 1,721,090.08 11,421,090.08 1,721,090.08 11,421,090.08 7,272,824.66 4,605,200.00 9,730,000.00 11,830,000.00 17,002,824.66 16,435,200.00-15,281,734.58-5,014,109.92 900,000.00 70,478,816.00 4,478,816.00 22,355,997.75 12,295,997.75 93,734,813.75 16,774,813.75 3,721,090.08 2,000,000.00 2,008,152.33 719,924.01 - - 5,729,242.41 2,719,924.01 88,005,571.34 14,054,889.74 2004-3,407,742.37-4,881,906.07

1-40,139,133.38-39,806,927.70-2,992,105.91-746,919.07 1,329,033.47 232,034.70 10,654,304.37 10,540,865.63 812,871.44 812,871.44 17,878.12 2,220,769.69 1,873,886.33 19,358.57 19,358.57 7,751,935.44 5,178,763.05 5,656,146.55 5,656,146.55-10,733,961.37 4,888,974.23-12,075.65-6,698,685.29-49,969,681.40 3,380,026.60-76,131,579.13-13,922,685.89 2 3 5,061,443.29 2,728,355.30 8,469,185.66 7,610,261.37 2004-3,407,742.37-4,881,906.07

: 31,322,104.72 6,517,417.10 37,839,521.82 4,605,159.56 1,404,687.55 5,104,485.19 26,716,945.16 5,112,729.55 31,244,662.43 6,852,894.42 5,069,316.42 5,069,316.42 1,783,578.00 6,852,894.42 5,069,316.42 5,069,316.42 1,783,578.00 5,686,000.00 5,686,000.00 5,686,000.00 5,686,000.00 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 2004

2004 2003 1 107,920,800.00 107,920,800.00 2 - - 3 4 5 6 10 15 107,920,800.00 107,920,800.00 16 52,002,619.23 50,205,455.46 17 832,732.47 1,797,163.77 18 19 20 21 118,400.00 22 23 24 30 832,732.47 1,678,763.77 40 - - 41 42 45 52,835,351.70 52,002,619.23 46 10,062,093.49 10,062,093.49 47-48 - - 49 50 51 52 53 54 - - 55 56 57 58 62 10,062,093.49 10,062,093.49 63 10,033,690.01 10,033,690.01 64 65 66 7,971,573.07 7,971,573.07 67 - - 68 70 75 7,971,573.07 7,971,573.07 76-108,860,187.76-111,312,755.09 77-78 -40,139,133.38 2,452,567.33 79-80 -148,999,321.14-108,860,187.76

2004 - OO 0.1647 0.0976 0.044 0.044-1.5074-0.8930-0.406-0.406-1.3820-0.8187-0.372-0.372-1.5526-0.9198-0.418-0.418 = / = / =P/(Eo+Np/2+Ei*Mi/Mo-Ej*Mj/Mo) =P/(So+S1+Si*Mi/Mo-Sj*Mj/Mo) 2004 1-12 4,783,720.83-43,779,775.75 P -40,139,133.38-45,092,949.17 Np: -40,139,133.38 Eo: 69,096,893.03 Ei: 0.00 Ej: 0.00 Mi: 0.00 Mj: 0 Mo: 12 So: 107,920,800.00 S1: 0.00 Si: 0.00 Sj: 0.00 36

2004 2004 [1992]90 1992 7 26 1993 1 16 3700001801070 1993 11 26 [1993]105 [1993]111 1994 1 3 2004 11 2 3627 3216.2245 ( 2004 11 22 ) 10,792.08 3,627 33.61% 730.08 6.77% 6,435 59.62% 10,792.08 3216.2245 29.80% 410.7755 3.81% 730.08 6.76% 6,435 59.62% 264 3700001801070 1 1 12 31 37

2004. 1 3 1 (1) (2) 2 3 4 1 1% 1-2 5% 2-3 10% 3-4 20% 4-5 30% 5 50% 100% 1 2 38

2004 3 4 5 5 1 2 1 2 3 3 4 1 2 1 2 3 39

2004 1 20% 20% 20% 20%20% 20% 50% 50% 2 10 3 1 2 3 4 % 30 4% 3.20% 25 4% 3.84% 20 4% 4.80% 4-8 4% 24.00%-12.00% 5 4% 19.20% 8 4% 12.00% 2-15 4% 4.80%-6.40% 5 40

2004 1 2 3 4 5 6 1 2 3 1 3 2 3 1 2 1 2 41

2004 3 10 3 1 2 3 4 4 1 2 3 1 2 ( ) 1 2 1 2 3 42

2004 3 3 1 2 1 2 3 199511 1 2 10% 43

2004 3, 5%; 4 ; 5 () ( 17%13% ) () 5% () 5% () 7% () 3% () 33% 2004 12 31 (%) (%) 1200 610 50.83% 600 540 90% 100 100 90% 10% 1000 582 50% 10% 300 210 70% 2004 9 2,100,000.00 900,000.00 2004 2004 44

2004 12 31 2004 9-12 2,906,238.08 2,306,959.49-3,708,294.63 1 5,061,443.29 1 1,086,382.92 40,758.32 3,973,120.96 8,407,458.22 1,939.41 20,969.12 5,061,443.29 8,469,185.66 2 2004 12 31 3 40.24% 2 14,401,490.86 1 (%) (%) 1 197,778.00 0.97 1,977.78 7,841,203.26 37.04 78,412.03 12 7,097,594.36 34.77 354,879.72 351,269.18 1.66 17,563.46 23 223,769.18 1.10 22,376.92 82,857.50 0.39 8,285.75 34 82,857.50 0.41 16,571.50 7,679,076.79 36.27 1,535,815.36 45 7,679,076.79 37.62 2,303,723.03 1,941,959.04 9.17 582,587.71 5 3,639,887.94 17.83 1,819,943.96 1,784,242.11 8.43 892,121.05 1,490,374.20 7.30 1,490,374.20 1,490,374.20 7.04 1,490,374.20 20,411,337.97 100 6,009,847.11 21,170,982.08 100 4,605,159.56 2 2004 12 31 5 10,496,185.20 50.29% 3 2004 12 31 5% 5% 45

2004 4 3 44,724,101.94 1 (%) (%) 1 2,081,972.19 2.72 20,819.72 1,745,043.27 2.24 17,450.43 12 532,688.18 0.70 26,634.41 956,540.94 1.23 47,827.05 23 941,475.94 1.23 94,147.59 6,802,016.79 8.73 680,201.68 34 6,800,016.59 8.88 1,360,003.32 14,050,880.20 18.03 2,810,176.05 45 14,056,585.75 18.36 4,216,975.72 20,516,706.67 26.33 6,155,012.00 5 52,059,888.11 68.00 26,029,944.06 33,695,440.03 43.24 16,847,720.02 81,149.89 0.11 81,149.89 158,557.93 0.20 158,557.93 76,553,776.65 100 31,829,674.71 77,925,185.83 100 26,716,945.16 2 2004 12 31 5 59,613,092.66 79.91% 3 2004 12 31 34,779,101.51 3 11,045,735.02 3 8,082,894.16 3 3,306,668.19 3 2,398,693.78 3 4 5 2004 12 31 5% 5% 4 8,142,777.30 1 % % 1 8,142,777.30 100 134,482.50 100 8,142,777.30 100 134,482.50 100 2 2004 12 31 5% 5% 3 5954.90% 46

2004 5 5,953,642.99 1 5,953,642.99 5,953,642.99 5,953,642.99 5,953,642.99 2 [1996]48 2000 33% 15% 6 106,401,734.94 1 7,751,799.55 1,783,578.00 7,600,819.34 6,852,894.42 0 0 74,375.77 100,433,513.39 0 90,583,928.11 108,185,312.94 1,783,578.00 98,259,123.22 6,852,894.42 2 6,852,894.42 5,069,316.42 1,783,578.00 6,852,894.42 5,069,316.42 1,783,578.00 3 9,900,705.61 4 7 13,371.88 13,371.88 31,250.00 2005 13,371.88 31,250.00 8 831,347.84 1 4,236,000.00 4,236,000.00 4,236,000.00 4,236,000.00 47

2004 2,000,000.00 2,000,000.00 1,450,000.00 1,450,000.00 313,501.89 32,154.05 281,347.84 6,549,501.89 32,154.05 6,517,347.84 5,686,000.00 5,686,000.00 2 20 736,000.00 736,000.00 20 3,500,000.00 3,500,000.00 4,236,000.00 4,236,000.00 3 30 1,200,000.00 1,200,000.00 10 400,000.00 400,000.00 10 400,000.00 400,000.00 2,000,000.00 2,000,000.00 4 313,501.89 32,154.05 281,347.84 10 313,501.89 32,154.05 281,347.84 5 736,000.00 736,000.00 3,500,000.00 3,500,000.00 4,236,000.00 4,236,000.00 900,000.00 900,000.00 250,000.00 250,000.00 48

2004 300,000.00 300,000.00 1,450,000.00 1,450,000.00 5,686,000.00 5,686,000.00 9 1 234,272,511.12 3,905,231.75 238,177,742.87 403,690.00 279,000.00 124,690.00 1,759,917.54 667,819.82 12,800.00 2,414,937.36 2,382,803.69 100,483.00 889,176.25 1,594,110.44 1,212,530.03 1,212,530.03 5,057,778.70 19,729.00 420,244.00 4,657,263.70 243,876,701.05 5,905,793.60 1,601,220.25 248,181,274.40 30,877,588.91 9,914,506.93 40,792,095.84 385,770.49 470.40 267,840.00 118,400.89 960,718.05 150,028.65 9,563.54 1,101,183.16 2,135,660.67 334,999.66 883,463.15 1,587,197.18 143,948.00 143,948.00 822,275.84 547,881.47 1,370,157.25 35,182,013.96 11,091,835.11 1,160,866.69 45,112,982.32 208,694,687.09 203,068,292.08 2 2004 12 31 198,489,133.95 3 32,879,668.01 84,810,000.00 2 10 19,376,830.00 1 ( ) (%) 19,288,830.00 88,000.00 19,376,830.00 19,288,830.00 88,000.00 19,376,830.00 49

2004 11 27,265,754.53 1 38,535,346.34 15,000,000.00 23,535,346.34 39,098,134.54 15,000,000.00 24,098,134.54 3,730,408.19 3,730,408.19 3,980,491.43 3,980,491.43 42,265,754.53 15,000,000.00 27,265,754.53 43,078,625.97 28,078,625.97 2 264 8,311,000.10 11,597,283.04 290,537.36 314,748.80 1,130,6745.68 467 29,265,900.00 12,500,851.50 272,250.84 17,037,299.34 12,228,600.66 539 4,990,000.00 3,980,491.43 250,083.24 1,259,591.81 3,730,408.19 179 42,566,900.10 28,078,625.97 812,871.44 18,611,639.95 27,265,754.53 3 2004 12 31 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 12 203,485,926.92 1 110,067,017.00 110,067,017.00 21,518,909.92 23,240,000.00 1,200,000.00 1,200,000.00 70,700,000.00 900,000.00 203,485,926.92 135,407,017.00 2 2 3 300,000.00 4.875 02-01-08 1,840,000.00 4.95 01-04-10 1,500,000.00 5.115 01-01-31 5,000,000.00 5.3625 01-07-21 50

2004 500,000.00 5.3625 01-09-06 1,000,000.00 5.115 01-04-15 4,300,000.00 5.445 02-12-25 1,500,000.00 5.445 01-12-11 1,300,000.00 5.445 02-04-06 3,000,000.00 5.445 01-06-20 1,278,909.92 5.363 01-07-05 23,000,000.00 4.95 01-04-10 357,017.00 6.05 98-11-28 83,510,000.00 4.8675 04-05-27 3,000,000.00 5.3625 02-06-06 200,000.00 5.445 02-06-06 200,000.00 97-10-16 1,000,000.00 98-06-17 900,000.00 --- 133,685,926.92 13 18,475,178.75 1 % % 1 1,651,952.93 8.94 23,804,001.77 59.89 1-2 3,310,479.71 17.92 409,356.07 1.03 2-3 356,433.13 1.93 2,324,491.50 5.85 3 13,156,312.98 71.21 13,210,267.42 33.23 18,475,178.75 100 39,748,116.76 100 2 2004 12 31 5% 5% 3 53.52% 14 3,587,062.28 1 3,587,062.28 3,652,906.10 3,587,062.28 3,652,906.10 2 51

2004 15 328,817.43 328,817.43 243,263.38 328,817.43 243,263.38 16 21,164.20 21,164.20 21,164.20 21,164.20 21,164.20 17 19,399,814.09-215,172.50-963,550.62 17%13% 3,280,271.53 3,217,550.20 5% 1,511.92 0.00 5% 193,782.09 180,947.09 7% 5,027,221.10 3,500,380.24 12%1.2% 192,155.63 9,695,228.32 9,695,228.32 33% 311,316.00 251,252.00 913,500.00 13,500.00 19,399,814.09 15,895,307.23 18 148,733.48 83,049.47 77,548.76 3% 65,684.01 65,684.01 148,733.48 143,232.77 52

2004 19 52,157,104.55 1 % % 1 29,748,488.30 57.04 44,979,060.81 73.90 1-2 9,482,013.79 18.18 11,964,815.95 19.65 2-3 11,930,393.85 23.25 607,792.80 1.00 3 996,208.61 1.53 3,317,727.91 5.45 52,157,104.55 100 60,869,397.47 100 2 2004 12 31 5% 21,895,997.75 3 2004 12 31 21,895,997.75 6,823,355.30 4,300,000.00 4,148,830.09 37,168,183.14 20 36,062,058.16 5,413,438.83 5,035,155.60 30,054,467.83 27,209,945.83 551,100.00 115,670.00 43,051.50 521,100.00 36,062,058.16 32,881,871.43 21 19,497,572.45 1 19,497,572.45 19,497,572.45 19,497,572.45 19,497,572.45 2 53

2004 22 48,114,663.00 48,114,663.00 46,196,281.06 48,114,663.00 46,196,281.06 23 107,920,800.00 1 +- 43,570,800.00 43,570,800.00 1 36,270,000.00-32,162,245.00-32,162,245.00 4,107,755.00 2 7,300,800.00 32,162,245.00 32,162,245.00 39,463,045.00 3 4 43,570,800.00 43,570,800.00 64,350,000.00 64,350,000.00 64,350,000.00 64,350,000.00 107,920,800.00 107,920,800.00 2 (2000)048 3 3627 3216.2245 2004 11 2 54

2004 24 52,835,351.70 50,076,661.23 50,076,661.23 118,400.00 118,400.00 1,807,558.00 832,732.47 2,640,290.47 52,002,619.23 832,732.47 52,835,351.70 25 18,033,666.56 10,033,690.01 10,033,690.01 7,971,573.07 7,971,573.07 28,403.48 28,403.48 18,033,666.56 18,033,666.56 26-108,860,187.76-40,139,133.38 0-148,999,321.14 27 / 1 22,031,828.84 21,188,806.83 11,292,735.72 22,031,828.84 32,481,542.55 17,170,238.29 20,039,874.28 7,497,636.00 17,170,238.29 27,537,510.28 2 3 32.17% 55

2004 28 566,136.80 53,450.42 70,679.56 22,907.38 30,291.33 1,511.92 4,133.49 77,869.72 671,241.18 29 1,163,674.93 5,153,343.85-3,989,668.92 72,980.00 4,013.90 68,966.10 1,163,674.93 5,153,343.85-3,989,668.92 72,980.00 4,013.90 68,966.10 30 1 7,744,873.02 8,359,798.46 17,335.86 63,909.48 23,727.49 3,726.56 7,751,264.65 8,299,615.54 2 3 2 31 1-32,154.04-8,038.51 0 35,800,000.00 0 0.00-32,154.04 35,791,961.49 32 56

2004 300.00 347.00 347.00 300.00 33 19,358.57 2,013,411.27 8,325.00 11,992.61 0-4,687,316.43 20,702.00 72,983.39 0 2,283,691.81 18,190.00 343,265.71 66,575.57 38,028.36 20,702.00 34 15,083,733.87 2,937,043.09 1,218,683.92 1,195,285.45 2,811,082.76 380,000.00 297,784.47 325,029.90 3,867,435.28 1,378,958.00 672,431.00 15,083,733.87 35 22355997.75 1 66,228.57 3233 2 5,069,316.42 3 49,272.06 57

2004 2 7,876,989.01 1 (%) (%) 1 7,719,605.66 67.20 77,196.05 12 6,992,105.66 65.33 349,605.28 46,017.18 0.40 2300.86 23 46,017.18 0.43 4,601.72 42,491.46 0.37 4,249.15 34 42,491.46 0.40 8,498.29 465,574.23 4.06 93,114.85 45 465,574.23 4.35 139,672.27 131,755.18 1.15 39,526.55 5 1,666,356.08 15.57 833,178.04 1,584,042.11 13.80 792,021.05 1,490,374.20 13.92 1,490,374.20 1,490,374.20 13.00 1,490,374.20 10,702,918.81 100 2,825,929.80 11,479,860.02 100 2,498,782.71 2 2004 12 31 5 6,111,578.26 57.10% 3 20041231 5% 5% 4 3 45,439,912.87 1 (%) (%) 1 2,887,287.22 3.75 28,872.87 2,730,643.27 3.52 27,306.43 12 1,510,988.18 1.97 75,549.41 936,120.94 1.21 46,806.05 23 921,055.94 1.20 92,105.59 6,802,016.79 8.78 680,201.68 34 6,800,016.59 8.84 1,360,003.32 12,641,899.18 16.32 2,528,379.84 45 12,641,738.68 16.44 3,792,521.60 20,512,576.67 26.48 6,153,773.00 5 52,055,758.11 67.69 26,027,879.06 33,695,440.03 43.49 16,847,720.02 81,149.89 0.11 81,149.89 158,557.93 0.20 158,557.93 76,897,994.61 100 31,458,081.74 77,477,254.81 100 26,442,744.95 2 2004 12 31 5 59,613,112.66 77.52% 3 2004 12 31 34,779,101.51 11,045,735.02 58

2004 8,082,894.16 3,306,688.19 2,398,693.78 4 8 9,691,197.88 1 12,436,092.86 2,100,000.00 5,629,351.52 8,906,741.34 4,236,000.00 4,236,000.00 4,236,000.00 4,236,000.00 2,000,000.00 2,000,000 1,450,000.00 1,450,000.00 261,251.57 26,795.03 234,456.54 18,933,344.43 2,100,000.00 5,656,146.55 15,377,197.88 5,686,000.00 5,686,000.00 2 50.83% 6,100,000.00 3,005,458.19-704,362.93 2,301,095.26 90% 5,400,000.00 4,117,200.76-355,565.22 3,761,635.54 60% 4,582,049.67 4,558,058.96-1,714,048.42 2,844,010.54 100% 900,000.00 755,374.95-755,374.95 70% 2,100,000.00 2,100,000.00-2,100,000.00 19,082,049.67 12,436,092.86 2,100,000.00-5,629,351.52 8,906,741.34 2004 9 2,100,000.00 90,000.00 59

2004 3 20 10% 736,000.00 736,000.00 20 20% 3,500,000.00 3,500,000.00 4,236,000.00 4,236,000.00 4 30 1,200,000.00 1,200,000.00 10 400,000.00 400,000.00 10 400,000.00 400,000.00 2,000,000.00 2,000,000.00 5 261,251.57 26,795.03 234,456.54 10 261,251.57 26,795.03 234,456.54 6 736,000.00 736,000.00 3,500,000.00 3,500,000.00 4,236,000.00 4,236,000.00 900,000.00 900,000.00 250,000.00 250,000.00 300,000.00 300,000.00 1,450,000.00 1,450,000.00 5,686,000.00 5,686,000.00 60

2004 28 / 1 4,760,467.99 1,988,464.69 11,292,735.72 4,760,467.99 13,281,200.41 5,502,731.72 2,234,408.29 7,497,636.00 5,502,731.72 9,732,044.29 2 3 32-5,656,146.55-1,443,013.96 35,800,000.00-5,656,146.55 34,356,986.04 61

2004 () 168,000,000.00 168,000,000.00 6,000,000.00 6,000,000.00 12,000,000.00 12,000,000.00 1,000,000.00 1,000,000.00 10,000,000.00 10,000,000.00 3,000,000.00 3,000,000.00 % % % % 32,162,245.00 29.90% 32,162,245.00 29.90% 5,400,000.00 90% 5,400,000.00 90% 6,100,000.00 50.83% 6,100,000.00 50.83% 1,000,000.00 100% 1,000,000.00 100% 6,000,000.00 60% 6,000,000.00 60% 2,100,000.00 70% 2,100,000.00 70% () 2,000,000.00 62

2004 % 11,045,735.02 14.26 11,045,735.02 13.84 21,895,997.75 62.44 % 3,000,000.00 2000.07.07-2001.07.05 5.363 3,048,510.00 1 5,315,254.29 400,000.00 451,228.50 688,129.53 114,616.54 195,691.15 747,481.00 245,579.00 3,048,510.00 277,012.90 4,050,400.00 1,679,977.73 18,210,660.56 2,283,691.81 8,318,122.89 500,000.00 46,526,355.90 2 2004 12 31, 63

2004 1 2004 7 30 2004 957 1,032,216.52 2 1,300,000.00 83,510,000.00 2004 12 9 2004 99 ( ) ( 000154000155 )13383.79 8481 7,519,823.07 642,019.00 1,068,541.00 1,625,821.00 532,711.25 1,010,000.00 570,000.00 510,000.00 175,000.00 5,187,687.50 84,810,000.00 1,032,216.52 500,000.00 97,663,996.27 1,570,000.00 66,000,000.00 2004122 268 10792 10 64

2004 180 0531-6030094 250011 OO 65