0

1 1 3 5 8 10 11 12 20 21 24 24 1

HUBEI SANONDA CO., LTD : 93 0716 8208632 8208232 0716 8208899 li_zhongxi@263.net lakerhu@263.net 93 93 434001 http://www.sanonda.com..cn sanonda@sanonda.com.cn http://www.cninfo.com.cn A B 000553 200553 1993 11 30 002523 421001706962287 2

17 12 4,605,095.26 13,863,343.00 11,706,513.54 190,233,375.09 5,978,425.38 18,545,098.75-3,554,190.53-10,385,812.96 59,691,987.05 27,014,970.61-3,891,228.48-1,476,514.31 7,524,572.25 2,156,829.46 3 2004 2003 ( ) 13,863 7,401 (2,064) - 25,712-27,175 - - (2,336) 6,156 - - (5,189)

160 160 (2,351) (997) (5,535) 9,443 63,116 8,482 2004 1-12 2003 1-12 2002 1-12 1,134,082,437.68 863,893,843.72 863,893,843.72 612,317,323.18 612,317,323.18 13,863,343.00 7,400,592.33 7,400,592.33-115,814,142.04-110,791,408.81 1,553,848,827.18 1,585,523,983.60 1,585,523,983.60 1,597,551,413.57 1,599,615,266.57 ( 879,072,281.39 867,580,790.94 867,580,790.94 860,165,557.79 866,510,142.76 ( ) ( ) ( ) 0.0467 0.0249 0.0249-0.39-0.373 0.0467 0.0249 0.0249-0.39-0.373 0.0394-0.002-0.002-0.37-0.3269 2.96 2.92 2.92 2.90 2.92 2.85 2.70 2.70 2.67 2.77 0.20 0.10 0.10 0.21 0.21 1.58% ( ) 0.85% 0.85% -13.46% -12.79% ( ) ( ) 1.59% 0.86% 0.86% -13.46% -12.06% 1.33% -0.07% -0.07% -12.92% -11.20% 9 % 21.640 15.730 21.753 15.798 2.110 0.343 2.121 0.344 1.577 0.853 1.585 0.857 1.332-0.068 1.339-0.069 4

0.6406 0.4596 0.6406 0.4596 0.0624 0.0100 0.0624 0.0100 0.0467 0.0249 0.0467 0.0249 0.0394-0.0020 0.0394-0.0020 ( ) 296,961,610.00 566,777,855.35 57,285,245.67 17,823,386.34-52,446,961.20 996,958.88 867,580,790.94 13,863,343.00 2,350,585.14 11,512,757.86 21,267.41 21,267.41 296,961,610.00 566,756,587.94 57,285,245.67 17,823,386.34-38,583,618.20 3,347,544.02 879,072,281.39 1 1386 2 235 2004 12 31 31,825,764.59 3,825,764.59 3,347,544.02 (+,-) 1 84,729,334 84,729,334 2 3 4 84,729,334 84,729,334 5

1 97,232,276 97,232,276 2 115,000,000 115,000,000 3 4 212, 232,276 212, 232,276 296,961,610 296,961,610 1 1993 10 11 30 3,000 1993 12 3 2 (1997) 23 1997 4 29 5 5 1 B 10,000 5 15 5 15 5 21 1,500 3 5423701 2000 7 6 4 2004 12 31 39158 5 ( ) 41871 A 27883 B 13988 ( ) ( ) ( ) 0 81 726 625 27.52 57 020 000 6 0 3 002 709 1.01 1 625 450 0.55 1 228 015 0.41 1 112 020 0.37 SHEN YING 1 020 800 0.34 0 1 000 000 0.33 0 1 000 000 0.33 0 864,550 0.29 0 835 000 0.28 1 5577 125 2

3 ( ) 8,172.6625 27.52% 1994 31110.1 100% 27.52% 10% (%) 1 625 450 0.55 B 1 228 015 0.41 B 1 112 020 0.37 B SHEN YING 1 020 800 0.34 B 1 000 000 0.33 B 1 000 000 0.33 B 864,550 0.29 B 835 000 0.28 A 653 100 0.21 B 620 360 0.20 A 7

61 2003.6-2006.6 11,830 11,830 --- 53 2003.12-2006.6 0 0 --- 55 2003.6-2006.6 3,000 3,000 --- 42 2003.6-2006.6 2,000 2,000 --- 37 2003.6-2006.6 2,000 2,000 --- 52 2003.6-2006.6 2,000 2,000 --- 40 2003.6-2006.6 2,000 2,000 --- 57 2003.6-2006.6 0 0 --- 61 2003.6-2006.6 0 0 --- 40 2004.6-2006.6 0 0 --- 56 2003.6-2006.6 7,098 7,098 --- 57 2003.6-2006.6 9,230 9,230 --- 54 2003.6-2006.6 0 0 --- 44 2003.6-2006.6 0 0 --- 49 2003.6-2006.6 0 0 --- 38 2003.6-2006.6 0 0 --- 50 2003.6-2006.6 0 0 --- 54 2003.6-2006.6 0 0 35 2003.6-2006.6 0 0 --- 2000 2000 2000 2000 8

1982 1985-1988 1966 1982-1987 1987 1999 1981 1985 1991 1992 1993 70 18 15 9

5 3 3 / 3-5 12 3 3 2004 5 18 2004 6 18 2003 3823 2192 1732, 118, 160, 52, 130 768 614 1 2 10 9 1 10 10 0 10

6 6 0 2004 5 18 2004 11 21 2003 2004 5 18 2003 2004 6 18 9 00 93 2003 ( ) 11 85038992 28.6%( A 84771492,B 267500 ) 1 2003 2 2003 3 2003 4 2003 5 2003 6 7 8 11

9 85038992 A 84771492 B 267500 100% 0 0 2004 6 19 2004 11 21 2004 2004 12 24 9 00 93 2004 ( ) 7 ( 7 1 ) 82028283 27.6%( A 81760783,B 267500 301658 81726625 ) 70% 2004 12 25 ( ) 2004 113 408 31.28% 19 023 39.39% 3650 87% 31600 19% ( )77000 7% 1 % % % % 847,053,483.47 695,804,800.05 17.86% 55.98% 50.82% 2.81% 258,563,978.44 223,387,378.09 13.60% -8.72% -4.64% -3.69% 28,464,975.77 22,203,746.94 22.00% -24.26% -22.98% -1.30% 1,134,082,437.68 941,395,925.08 16.99% 31.28% 29.95% 0.85% % % 1,134,082,437.68 100.00% 192,686,512.60 100.00% 865,013,106.48 76.27% 134,625,063.92 69.87% 269,069,331.20 23.73% 58,061,448.68 30.13% 2 10% 2004 84705 12

74.69% 79.51% 17.86% 2004 12 31 800 7,135 6,680 604 85.00% 1,000 1,786 2,846 319 90.00% 120 212 134 12 60.00% 4,000 24,113 16,837 289 70.00% 283 605 482-12 53.00% 1,000 10,176 15,492 256 90.00% 8,000-2,036-1,532 70.00% 2,800 4,225 3,938-269 87.50% 4,000 6,356 601-1,631 55.00% 10% 7,135 2,293 604 1,786 1,510 319 10,176 1,643 13 256

24,113 4,642 289 ( ) 7170 5.60% 5008 6.82% ( ) : 1 2002 2 (1) 1,200.00 70% 2005 4 965.00 100% 2051 100% 900.00 75% 2005 3 1 2004 155,385-2.00% 9,736 1.71% 87,907 1.32% 19,023 39.39% 1,386 87.33% 2,701 75.75% 1 2 1 2004 2004 9 30 70% 2004 1 9 8,177.66 9,329.25 3,080.31 3,955.10 14

0.00 0.00 4,101.50 4,358.81 992.05 1,010.61 3.79 4.73 2 ( ) 2004 9 24 90 2004 8 31 325 65% 2004 2004 12 31 1,642.56 1,748.80 579.62 1,229.28 1,062.94 0.00 481.44 38.08 0.00 2 1.15% 1 1386 2 235 2004 12 31 31,825,764.59 3,825,764.59 3,347,544.02 3 9000 40 4 39.39% 31.28% 0.85 5 87.33% : 67 162 282 135 6 75.75% 1 3133 2 3480 3) 5448 2005 2005 20% 1 2004 3 23 1 2003 2 2003 3 2003 15

4 2003 2003 7,400,592.33 2002-6,344,584.97, -52,446,961.20 8,482,000.00, -131,546,000.00-131,546,000.00 2003 5 2003 6 2004 2004 4 14 2004 2004 4 15 9 9 300 153 51% 2004 5 12 2:00 1 2 3 4 5 6 2003 2004 8 13 2004 2004 9 24 4 669.6 500 90% 2004 10 18 2004 2004 11 21 1 70% ( 12 24 16

70% ) 2 2004 2004 12 24 2004 2 2004 2004 13,863,343.00-38,583,618.20 63,131,000.00, -68,415,000.00-68,415,000.00 2004 2004 2005 080 03 [ 2003 56 ] 2004 12 31 1 (1 9,000,000.00 9,000,000.00 750,000.00 750,000.00 308,000.00 308,000.00 1,350,000.00 1,350,000.00 11,408,000.00 11,408,000.00 7,838,807.83 7,838,807.83 383,979.00 356,049.50 3,780.50 3,780.50 365,803.00 131,887.09 497,690.09 3,051,722.70 1,020,000.00 3,000,000.00 1,071,722.70-551,768.21 576,090.85 24,322.64 10,175.00 10,175.00 28,258.75 221,500.00 249,758.75 17

81,116.30 81,116.30 35,488,744.70 264,374,430.36 224,450,660.40 75,412,514.66 24,630,365.32 24,630,365.32 71,330,984.89 266,323,908.30 260,014,905.35 77,612,058.34 1,869,749.25 1,869,749.25 2,712,386.63 12,446,556.30 10,275,104.74 4,883,838.19 3,901,250.00 972,390.50 2,928,859.50 13,371,081.25 11,264,181.25 2,106,900.00 4,582,135.88 16,347,806.30 13,117,244.49 7,812,697.69 87,321,120.77 282,671,714.60 284,540,149.84 85,424,756.03 2 4,814,014.10 5,000,000.00 9,814,014.10 4,814,014.10 5,000,000.00 9,814,014.10 336,066.17 270,503.39 65,562.78 844,429.24 4,393,892.81 4,557,688.02 680,634.03 11,805.51 158,972.78 170,778.29 30,174.50 123,884.80 306,192.00 111,872.10 2,109.50 28,065.00 123,884.80 217,000.00 89,192.00 111,872.10 1,764,424.32 4,552,865.59 5,283,057.81 1,034,232.10 966,304.75 966,304.75 408,186.05 408,186.05 909,972.79 909,972.79 2,284,463.59 2,284,463.59 8,862,902.01 9,552,865.59 17,381,535.50 1,034,232.10 -- -- 71,864,232.86 278,118,849.01 265,564,628.44 84,390,523.93 6,593,985.90-5,000,000.00 1,593,985.90 18

78,458,218.76 273,118,849.01 267,158,614.34 84,390,523.93 2004 12 31 84,390,523.93 (2) 2004 2 2004 2004 12,007,364.80 2,617,329.02 2,768,754.75 11,855,939.07 9,000,000.00 20,302,186.91 10,480,060.00 18,822,126.91 178,840.05 178,840.05 498,557.09 396.33 1,263.33 497,690.09-53,615.72 175,804.94 87,152.05 35,037.17 3,486,230.78 22,000,000.00 25,486,230.78 128,987.00 128,987.00 7,153,014.10 30,000,000.00 309,881.60 36,843,132.50 6,015,405.00 5,800,000.00 215,405.00 21,478,472.13 21,478,472.13 8,000,000.00 8,000,000.00 32,399,378.10 110,589,594.33 44,933,342.51 98,055,629.92 23,529,543.45 23,529,543.45 23,529,543.45 23,529,543.45 ---23,529,543.45 23,529,543.45 --32,399,378.10 110,589,594.33 44,933,342.51 98,055,629.92 8,869,834.65 110,589,594.33 68,462,885.96 98,055,629.92 2004 12 31 19

2004.2.14 900 2004.6.30 700 2004.6.30 1500 2004.12.22 500 2004.6.25 1127 4727 4727 4727 2004.02.27 2005.02.26 2004.06.30 2005.06.20 2004.6.30-2004.12.31 2004.12.22-2004.12.31 2004.6.25-2005.6.23 50% 5.38% 2004 2004 3 23 2003 2004 8 15 2004 1 2 2004 3 2002 B B 1999 1 8 4 2004 11 21 70% 70% 47 2004 9 24 90% 1.86 0.8 1.488 669.6 20

5 2004 9 24 90% 1.86 0.8 1.488 669.6 2004 11 21 70% 70% 70% 2004 9 30 67.3 2004 080-11 70% 47 1) 8,089,074.14 10,578,674.64-5,874,179.00 4,478,903.66 3,787,132.52 823,369.66 4,775,989.82 3,339,182.91 4,501,480.20 2,616,332.48 4,983,894.97 19,346,862.84 34,501,351.15 2) 27,013.79 92,835.38 506,000.00 897,926.08 360,523.08 459,282.00 580,000.00 530,670.00 893,536.86 2,560,713.46 21

2004 2 (1) 2004 9 24 669.6 500 90% 2004 8 31 2004 060 1.86 0.8 1.488 669.6 2004 9 24, 90 81726625 27.52% 3 1 1 23,545,631.45 2 170,778.29 11,805.51 28,065.00 30,174.50 89,192.00 306,192.00 111,872.10 452,678.36 844,429.24 65,562.78 336,066.17 123,884.80 806,276.43 1,764,424.32 3 10,359,467.84 215,405.00 178,840.05 10,753,712.89 4 4,883,838.19 2,712,386.63 22

2,928,859.50 1,869,749.25 7,812,697.69 4,582,135.88 5 1,071,722.70 3,051,722.70 356,049.50 383,979.00 497,690.09 365,803.00 3,780.50 20,000.00 10,175.00 249,758.75 28,258.75 2,175,221.04 3,863,718.95 (2) 1 2 1 143,000,000.00 15,950,000.00- - - 36,000,000.00 11,700,000.00 - - 345,000.00 143,000,000.00 51,950,000.00 12,045,000.00 2 23 40 000 000 00 40,000,000.00 3 5%, 2004 30,,

50 2004 1 ( ) 2 ( ) ( ) ( ) ( ) ( ) 2004 2004 4 15 24

2005 080-01 2004 12 31 2004 2004 12 31 2004 17 25

: 2004.12.31 2003.12.31 2004.12.31 2003.12.31 1 247,624,855.42 220,609,884.81 15 276,995,000.00 287,838,000.00 2 19,542,661.87 72,090,081.42 16 15,323,500.00 11,037,600.87 3 5,638,916.97 31,669,413.97 17 127,417,612.41 128,006,653.47 78,391.33 78,391.33 18 73,250,289.56 62,666,884.40 325,893.62 4 216,968,083.59 218,264,424.88 1,972,887.98 4,265,637.60 5 74,472,539.21 36,977,125.89 6 46,790,234.14 30,089,916.38 19-18,128,326.10-8,750,131.04 392,210.10 469,577.29 7 256,204,336.11 257,652,799.77 20 36,203,342.43 53,599,849.65 8 654,632.92 888,148.62 21 5,066,143.37 7,863,427.35 22 30,067,923.56 37,252,923.56 867,974,651.56 868,320,187.07 548,560,583.31 584,576,316.77 9 37,384,477.19 19,647,017.05 9 1,617,384.80-407,579.46 23 90,000,000.00 88,760,000.00 39,001,861.99 19,239,437.59 10 893,830,929.06 914,522,522.68 24 7,356,900.00 6,956,900.00 10 421,414,403.78 400,941,076.35 10 472,416,525.28 513,581,446.33 97,356,900.00 95,716,900.00 10 20,338,735.21 16,859,467.89 10 452,077,790.07 496,721,978.44 11 3,182,427.75 4,339,189.67 12 25,170,993.63 16,467,148.95 645,917,483.31 680,293,216.77 28,859,062.48 37,649,975.89 480,431,211.45 517,528,317.06 25 296,961,610.00 296,961,610.00 13 166,060,268.85 180,388,717.37 296,961,610.00 296,961,610.00 14 380,833.33 47,324.51 26 566,756,587.94 566,777,855.35 27 57,285,245.67 57,285,245.67 166,441,102.18 180,436,041.88 17,823,386.34 17,823,386.34 28-38,583,618.20-52,446,961.20 3,347,544.02 996,958.88 879,072,281.39 867,580,790.94 1,553,848,827.18 1,585,523,983.60 1,553,848,827.18 1,585,523,983.60 26

: 2004 2003 29 1,134,082,437.68 863,893,843.72 29 941,395,925.08 724,427,557.48 2,453,137.51 2,993,170.37 190,233,375.09 136,473,115.87 30 5,978,425.38 6,764,777.42 31 61,894,013.65 43,317,719.76 32 94,864,242.49 76,152,972.28 33 20,908,445.58 20,792,284.42 18,545,098.75 2,974,916.83 34-3,554,190.53 3,581,627.02 613,955.79 1,383,418.10 10,999,768.75 4,001,220.39 4,605,095.26 3,938,741.56 2,965,795.34 4,588,681.16-9,873,457.95-7,053,573.05 2,350,585.13 996,958.88 13,863,343.00 7,400,592.33-52,446,961.20-59,233,854.37-38,583,618.20-51,833,262.04-38,583,618.20-51,833,262.04 613,699.16-38,583,618.20-52,446,961.20 2004 2003 1 2 3 ( - ) 4 ( - ) 5 6 27

: 2004.12.31 2003.12.31 2004.12.31 2003.12.31 160,104,021.23 169,632,522.56 199,000,000.00 158,000,000.00 19,542,661.87 72,090,081.42 6,313,715.82 3,377,724.94 36,383,689.69 74,294,587.54 56,364,195.52 78,391.33 1,148,222.53 18,112,190.25 34,603,560.11 18,000.00 1 120,114,693.92 122,166,465.55-1,510,053.16 98,764.12 2 198,019,315.31 111,605,010.18 34,368,234.09 14,664,000.70-10,133,377.81-3,691,631.52 299,595.96 299,943.30 137,584,300.44 103,286,482.73 4,632,653.62 27,493,785.03 642,074.36 654,491.83 2,214.10 1,453,387.43 673,831,417.49 631,630,967.19 284,697,810.50 280,953,719.81 3 124,341,437.95 120,640,580.11 3 124,341,437.95 120,640,580.11 90,000,000.00 50,080,000.00 627,854,465.24 586,234,436.17 306,525,100.87 272,842,380.89 321,329,364.37 313,392,055.28 90,000,000.00 50,080,000.00 1,090,718.63 3,961,199.89 320,238,645.74 309,430,855.39 3,182,427.75 3,446,540.75 15,873,761.24 11,516,074.88 374,697,810.50 331,033,719.81 339,294,834.73 324,393,471.02 296,961,610.00 296,961,610.00 119,649,945.75 122,925,183.91 296,961,610.00 296,961,610.00 566,756,587.94 566,756,587.94 119,649,945.75 122,925,183.91 57,285,245.67 57,285,245.67 17,823,386.34 17,823,386.34-38,583,618.19-52,446,961.19 882,419,825.42 868,556,482.42 1,257,117,635.92 1,199,590,202.23 1,257,117,635.92 1,199,590,202.23 28

: 2004 2003 4 731,579,031.16 524,295,467.90 4 610,844,136.20 449,901,190.75 270,199.15 510,480.51 120,464,695.81 73,883,796.64 1,809,411.46 4,796,121.17 6 37,106,111.29 21,965,479.61 7 50,381,050.02 34,446,194.79 8 9,007,922.79 8,661,464.83 25,779,023.17 13,606,778.58 5-10,823,180.77-5,408,179.62 279,011.95 292,145.78 1,371,511.35 1,703,851.56 13,863,343.00 6,786,893.18 13,863,343.00 6,786,893.18-52,446,961.19-59,233,854.37-38,583,618.19-52,446,961.19-38,583,618.19-52,446,961.19-38,583,618.19-52,446,961.19 2004 2003 1 2 3 ( - ) 4 ( - ) 5 6 29

2004 40,359,454.47 18,944,043.35 2,559,593.11 11,786,532.71 14,346,125.82 44,957,372.00 32,207,910.96 17,853,887.63 1,564,341.73 11,010,469.79 12,574,811.52 37,486,987.07 8,151,543.51 1,090,155.72 995,251.38 776,062.92 1,771,314.30 7,470,384.93 3,202,388.87 2,340,590.99 0.00 3,202,388.87 3,202,388.87 2,340,590.99 0.00 2,340,590.99 0.00 0.00 2,340,590.99 3,202,388.87 3,202,388.87 3,202,388.87 0.00 16,292,867.32 2,744,703.24 0.00 8,143,990.96 8,427,867.34 10,609,703.22 14,685,155.40 2,674,315.12 7,926,574.07 7,926,574.07 9,432,896.45 977,030.33 217,416.89 217,416.89 759,613.44 630,681.59 283,876.38 346,805.21 70,388.12 0.00 70,388.12 17,680,000.00 0.00 5,508,982.63 180,000.00 5,688,982.63 11,991,017.37 17,500,000.00 5,508,982.63 5,508,982.63 11,991,017.37 180,000.00 180,000.00 180,000.00 0.00 16,859,467.89 8,909,298.65 0.00 5,430,031.33 5,430,031.33 20,338,735.21 15,328,677.74 8,909,298.65 4,989,959.81 4,989,959.81 19,248,016.58 0.00 0.00 0.00 440,071.52 440,071.52 440,071.52 0.00 1,090,718.63 0.00 1,090,718.63 8,672,093.53 0.00 0.00 0.00 0.00 8,672,093.53 0.00 0.00 8,672,093.53 8,672,093.53 3,885,417.47 3,367,812.49 3,367,812.49 517,604.98 106,951,689.55 32,938,636.23 8,068,575.74 32,110,756.36 40,463,208.48 99,427,117.30 30

2004 1,295,983,714.19 727,809,622.62 15,471,929.69 31,038,141.68 1,342,493,785.56 727,809,622.62 1,140,341,381.76 694,014,453.02 75,001,373.28 49,114,790.52 20,167,394.81 8,737,101.30 35 47,291,648.66 24,220,863.39 1,282,801,798.51 776,087,208.23 59,691,987.05-48,277,585.61 176,657,652.08 176,657,652.08 65,520.00 5,801,947.44 89,876.40 89,876.40 176,813,048.48 182,549,475.92 97,136,822.99 74,768,915.03 128,521,404.10 133,521,404.10 1,176,959.45 226,835,186.54 208,290,319.13-50,022,138.06-25,740,843.21 352,245,233.98 284,000,000.00 352,245,233.98 284,000,000.00 306,385,000.00 203,000,000.00 28,515,112.36 16,510,072.51 334,900,112.36 219,510,072.51 17,345,121.62 64,489,927.49 27,014,970.61-9,528,501.33 31

( 2004 1 13,863,343.00 13,863,343.00 : 9,873,457.95-2,350,585.13 7,524,572.25-7,277,369.49 62,627,995.08 39,479,097.23 10,106,054.07 3,390,238.16 118,691.18 233,515.70 12,417.47-2,797,283.98-1,297,280.10-87,770.90-89,876.40 3,978,999.38 3,976,138.58 20,908,445.58 9,007,922.79 3,554,190.53 10,823,180.77-9,876,331.00-28,898,722.86-85,405,475.94-60,164,231.10 27,418,169.28-31,102,443.66 2,000.00 59,691,987.05-48,277,585.61 2 3 247,624,855.42 160,104,021.23 220,609,884.81 169,632,522.56 27,014,970.61-9,528,501.33 32

2004 23,576,238.75 11,226,855.09 590,467.95 2,944,543.12 3,535,011.07 31,268,082.77 17,551,319.36 11,226,855.09 22,195.67 2,944,543.12 2,966,738.79 25,811,435.66 6,024,919.39 568,272.28 568,272.28 5,456,647.11 3,202,388.87 2,340,590.99 3,202,388.87 3,202,388.87 2,340,590.99 2,340,590.99 2,340,590.99 3,202,388.87 3,202,388.87 3,202,388.87 9,898,152.68 386,879.90 6,114,831.64 6,114,831.64 4,170,200.94 9,898,152.68 386,879.90 6,114,831.64 6,114,831.64 4,170,200.94 17,500,000.00 5,508,982.63 5,508,982.63 11,991,017.37 17,500,000.00 5,508,982.63 5,508,982.63 11,991,017.37 3,961,199.89 2,870,481.26 2,870,481.26 1,090,718.63 2,430,409.74 2,430,409.74 2,430,409.74 440,071.52 440,071.52 440,071.52 1,090,718.63 1,090,718.63 8,672,093.53 8,672,093.53 8,672,093.53 8,672,093.53 66,810,073.72 13,954,325.98 6,099,450.58 15,132,244.89 21,231,695.47 59,532,704.23 33

296,961,610.00 296,961,610.00 296,961,610.00 296,961,610.00 566,756,587.94 565,152,556.49 1,604,031.45 1,431,489.32 172,542.13 566,756,587.94 566,756,587.94 39,461,859.33 39,461,859.33 39,461,859.33 39,461,859.33 35,646,773.68 35,646,773.68 3,815,085.65 3,815,085.65 17,823,386.34 17,823,386.34 17,823,386.34 17,823,386.34 34

-52,446,961.20-59,233,854.37 13,863,343.00 7,400,592.33 613,699.16-38,583,618.20-52,446,961.20 35

( ) 1958 1992 8 1992 9 8 1993 10 11 30 3,000 1993 12 3 (1997) 23 1997 4 29 5 5 1 B 10,000 5 15 5 15 5 21 1,500 ISO9002 ISO14001 ( ) 1 2 1 1 12 31 3 4 5 6 36

7 8 1) 2) 5 5 100 9 10 1 37

38 A B C 2 A B 10 C 1 2 3 D 20% 20 20 20 50 50

3 11 1 2 A B C D E F 24 4.00% 4% 9 10.89% 2% 18 5.33% 4% 9 10.89% 2% 1 2 39

3 4 5 12 1 3 2 3 13 10 14 40

41 15 1 2 3 16 4 1) 2) 3) 4) 1 2 17 18 1) 2)

96 2 0.8 3) 19 1 2004 2004 9 30 70% 1 9 2 ( ) 2004 9 24 90 2004 8 31 2004 12 31 2004 9 12 3) 325 65% ( ) 1 33% 2 42

1 2003 9 23 2003 186 2004 1 1 2001 113 3 2004 1 1 13 95 2 2004 1 1 3 17 3 5 7 4 3 5 1) 10 30 1.2% 12 2) 3) 3) ( ) 2004 12 31 43

4000.00 3,850.00 70.00% 2800.00 2,450.00 87.50% 4000.00 2200.00 55.00% 1000.00 900.00 90.00% 1000.00 900.00 90.00% 800.00 680.00 85.00% 280.00 148.40 53.00% 120.00 72.00 60.00% 500.00 325.00 65.00% 500.00 669.60 90.00% 300.00 153.00 51.00% ( ) ( ) ( ) 2004 1 1 2004 12 31 2004 1 1 12 31 2003 12 31 1 2004 12 31 247,624,855.42 1 68,406.12 80,503.11 232,232,949.30 220,042,584.69 15,323,500.00 486,797.01 247,624,855.42 220,609,884.81 2 44

797,129.34 8.2765 6,028,224.39 943,537.40 8.2628 7,796,243.30 797,129.34 6,028,224.39 943,537.40 7,796,243.30 2 2004 12 31 19,542,661.87 1 - - 130,709,448.36 111,647,991.64 19,061,456.72 2,340,590.99 75,292,470.29 3,202,388.87-75,292,470.29 - - 75,292,470.29 3,202,388.87-75,292,470.29 - - - - 2,821,796.14-2,821,796.14-75,292,470.29 3,202,388.87 133,531,244.50 186,940,461.93 21,883,252.86 2,340,590.99 53,409,217.43 70.94% 3,202,388.87 2004 12 31 2,340,590.99 2004 12 31 3 2004 12 31 5,638,916.97 ( ) 26,030,497.00 82.19% 4 2004 12 31 216,968,083.59 1 45

1 174,209,992.39 68.46% 8,553,574.90 150,923,756.19 60.26% 8,056,838.11 1 2 18,967,341.64 7.45% 4,090,062.88 28,594,269.19 11.42% 1,082,768.71 2 3 15,218,701.80 5.98% 3,064,380.92 21,578,713.19 8.62% 1,071,412.12 3 4 10,783,287.60 4.24% 2,296,258.15 25,190,736.18 10.06% 2,200,120.17 4 5 16,624,249.49 6.53% 831,212.48 4,162,548.18 1.66% 3,916,762.48 5 18,651,497.74 7.34% 18,651,497.74 20,022,312.91 7.98% 15,880,009.37 254,455,070.66 100.00% 37,486,987.07 250,472,335.84 100.00% 32,207,910.96 2 32,207,910.96 17,853,887.63 1,564,341.73 8,065,926.67 2,944,543.12 12,574,811.52 37,486,987.07 3) 15,710,148.30 1 6,669,950.00 1 5,108,959.05 1 3,105,760.00 1 CHEMPACIFIC COMPANY LIMITED 3,021,177.60 1 33,615,994.95 2004 12 31 33,615,994.95 13.21% 2004 12 31 5 2,944,543.12 50 18,651,497.74 ( ) 46

5 2004 12 31 74,472,539.21 1 1 48,895,385.94 59.67% 2,043,638.85 24,793,484.00 54.94% 795,853.57 1 2 22,953,943.27 28.01% 319,496.25 5,114,368.66 11.33% 271,350.49 2 3 3,327,902.69 4.06% 108,827.88 6,015,316.66 13.33% 284,225.49 3 4 1,753,834.05 2.14% 87,691.71 3,318,339.36 7.35% 912,953.24 4 5 106,450.47 0.13% 5,322.52 645,592.30 1.43% 645,592.30 5 4,905,407.72 5.99% 4,905,407.72 5,241,568.42 11.62% 5,241,568.42 81,942,924.14 100.00% 7,470,384.93 45,128,669.40 100.00% 8,151,543.51 2 8,151,543.51 1,090,155.72 995,251.38 776,062.92-1,771,314.30 7,470,384.93 3 10,389,342.70 1 10,000,000.00 1 6,707,879.31 1 6,171,353.34 1 3,570,000.00 5 36,838,575.35 2004 12 31 36,838,575.35 44.38% 37,823,814.14 83.81 %, 1000 1039 725 2004 12 31 5 50 47

50 4,905,407.72 ( ) 6 2004 12 31 46,790,234.14 1 1 45,367,606.74 96.96% 27,717,467.00 92.12% 1 2 884,131.37 1.89% 2,359,770.38 7.84% 2 3 538,496.03 1.15% 12,679.00 0.04% 3 - - 46,790,234.14 100.00% 30,089,916.38 100.00% 2 7,176,539.11, 15.34% 1,720,054.62 1 1,485,000.00 1 1,410,773.54 1 1,406,920.00 1 1,153,790.95 1 7,176,539.11 2004 12 31 5 ( ) 55.50 1,422,627.40 7 1 48

149,256,210.29 9,432,896.45 183,831,590.44 14,685,155.40 49,166,183.21 70,388.12 24,410,995.56-60,035,363.14 759,613.44 57,936,910.57 977,030.33 2,209,833.05-688,857.82-6,146,449.64 346,805.21 6,854,691.39 630,681.59 - - 222,621.31-266,814,039.33 10,609,703.22 273,945,667.09 16,292,867.32 2 14,685,155.40 2,674,315.12 7,926,574.07 9,432,896.45-70,388.12-70,388.12 977,030.33-217,416.89 759,613.44 - - - - 630,681.59-283,876.38 346,805.21 16,292,867.32 2,744,703.24 8,427,867.34 10,609,703.22 8. 815,959.79 1,366,217.09 1,527,543.96-654,632.92 72,188.83 896,753.89 968,942.72 - - 888,148.62 2,262,970.98 2,496,486.68-654,632.92 9 1 1 36,268,444.51 17,500,000.00 10,629,412.00-46,897,856.51 11,991,017.37 1)2,189,800.00-10,629,412.00 12,819,212.00-2)34,078,644.51 17,500,000.00 34,078,644.51 11,991,017.37 2 878,572.55 1,599,065.50-2,477,638.05 1) 878,572.55 1,599,065.50-2,477,638.05 2) 49

3) -407,579.47-1,974,600.00-50,364.27 1,617,384.80 1) 2) 36,739,437.59 17,500,000.00 14,203,077.50-50,364.27 50,992,879.36 11,991,017.37 2 300,000.00 0.60% 564,000.00 564,000.00 450,000.00 0.27% 495,000.00 495,000.00 500,000.00 2.75% 550,000.00 550,000.00 528,000.00 1.41% 580,800.00 580,800.00 4,100,000.00 1.20% 10,629,412.00 10,629,412.00 5,878,000.00 12,819,212.00 12,819,212.00 2004 12 31 3 658,475.00 50.00% - 750,000.00 15.00% - 6,010,000.00 3.33% - 20,000,000.00 15.66% 11,991,017.37 450,000.00 15.00% - 250,000.00 25.00% - 1,788,169.51 53.00% - 1,440,000.00 48.00% - 2,700,000.00 33.75% - 32,000.00 - - 34,078,644.51 11,991,017.37 4) 50

720,000.00-60.00% 69,065.50 227,638.05 947,638.05 1,530,000.00 1,530,000.00 51.00% 1,530,000.00-1,530,000.00 2,250,000.00 1,530,000.00 1,599,065.50 227,638.05 2,477,638.05 5-58,619.32 10-5,861.94-23,447.72-445,023.32 10-44,502.33-333,767.48 1,974,600.00 10-1,974,600.00 1,470,957.36-50,364.27 1,617,384.80 1 1999 70 2 2002 6 28.75 3 90 6 17,500,000.00-5,508,982.63 11,991,017.37 17,500,000.00-5,508,982.63 11,991,017.37 2000 20,000,000 15.66% 2001 1,750 5,508,982.63 10 51

914,522,522.68 72,314,567.64 93,006,161.26 893,830,929.06 137,970,143.97 47,017,178.67 11,451,428.25 173,535,894.39 462,041,391.56 7,369,934.19 48,422,409.29 420,988,916.46 12,651,511.98 2,752,177.00 2,520,648.62 12,883,040.36 301,859,475.17 15,175,277.78 30,611,675.10 286,423,077.85 400,941,076.35 62,627,995.08 42,154,667.65 421,414,403.78 58,499,282.90 10,072,624.88 4,395,526.80 64,176,380.98 247,876,442.19 39,722,951.28 25,161,974.19 262,437,419.28 6,735,109.63 1,441,675.66 1,506,694.05 6,670,091.24 87,830,241.63 11,390,743.26 11,090,472.61 88,130,512.28 513,581,446.33 - - 472,416,525.28 79,470,861.07 - - 109,359,513.41 214,164,949.37 - - 158,551,497.18 5,916,402.35 - - 6,212,949.12 214,029,233.54 - - 198,292,565.57 16,859,467.89 8,909,298.65 5,430,031.33 20,338,735.21 15,328,677.74 8,909,298.65 4,989,959.81 19,248,016.58 - - - - 440,071.52-440,071.52-1,090,718.63 - - 1,090,718.63 496,721,978.44 - - 452,077,790.07 64,142,183.33 - - 90,111,496.83 214,164,949.37 - - 158,551,497.18 5,476,330.83 - - 6,212,949.12 212,938,514.91-197,201,846.94 51,357,444.99 2004 12 31 628,890,000 89,870,000,,321,840,000 217,180,000 5,000,000 4,370,000 6,950,000 2,620,000 2,460,000 16,400,000 2004 12 31 14,000,000 11 52

245,243.56 245,243.56-4,093,946.11 20,090,746.75 21,002,265.11 3,182,427.75 4,339,189.67 20,090,746.75 21,247,508.67 3,182,427.75 26.66, 719,397 12 1 1,016,391.89 5,926,722.09 - - 6,943,113.98-4,341,904.90 - - 4,341,904.90-3,516,941.38 - - 3,516,941.38-3,286,820.91-2,640.00 3,284,180.91-2,174,763.20-84,332.00 2,090,431.20-2,001,053.85 - - 2,001,053.85 50.00% - 607,025.57 - - 607,025.57 517,604.98 - - - 517,604.98 1,274,903.40 20,508,165.61 21,266,636.03-516,432.98-1,537,005.82-1,146,019.22 390,986.60-251,358.80 - - 251,358.80-247,953.76 - - 247,953.76-191,868.16 - - 191,868.16-184,883.60 - - 184,883.60-130,439.00 - - 130,439.00-101,702.40 - - 101,702.40 2,138,161.06 4,823,987.47 5,774,010.84 1,095,925.77 92,211.92-89,841.28 - - 89,841.28-86,963.40 - - 86,963.40-61,365.34 - - 61,365.34-20,567.90 - - 20,567.90-6,551.01 - - 6,551.01-5,163.00 - - 5,163.00-1,780,000.00-1,775,000.00 5,000.00-3,052.69 - - 3,052.69 - -1,322.17-1,322.17 - - 100.00% 53

9,137,617.47 534,862.52 9,672,479.99 - - 100.00% 3,123,675.19 - - 3,123,675.19-100.00% 2,900,075.13 5,186,296.48 8,086,371.61 - - 100.00% 244,137.30 - - 244,137.30-100.00% - 1,532,203.85 1,532,203.85 - - 100.00% - 334,028.37 334,028.37 - - 100.00% - 447,200.00 447,200.00 - - 100.00% - 129,585.15 129,585.15 - - 100.00% - 46,639.79 46,639.79 - - 100.00% - 181,902.67 181,902.67 - - 100.00% - 250,683.41-250,683.41-100.00% - 380,000.00-380,000.00-100.00% - 120,000.00-120,000.00-100.00% - 1,848.25 1,848.25 - - 100.00% - 1,206.86 1,206.86 - - 100.00% - 3,497.51 3,497.51 - - 100.00% - 597.41 597.41 - - 100.00% - 379,639.74-379,639.74-100.00% - 375,485.99 375,485.99 - - 100.00% - 586,541.80 586,541.80 - - 100.00% - 2,368,075.97 2,368,075.97 - - 100.00% - 143,364.66 143,364.66 - - 100.00% - 106,249.83 106,249.83 - - 100.00% - 193,744.04 193,744.04 - - 100.00% - 107,096.54 107,096.54 - - 100.00% 20,352,566.42 65,295,529.81 51,357,444.99 8,602,052.63 25,688,598.61 54

2 285,448.11 11,068.98 274,379.13 140,291.33-140,291.33 113,635.92-113,635.92 106,115.20 85.23 106,029.97 762,381.68 2,060,742.07 2,756,193.13 66,930.62 137,714.52 102,682.43 35,032.09 19,613.61-19,613.61-474,468.63 474,468.63-603,944.15 603,944.15-184,121.45 184,121.45-447,200.00 447,200.00-280,249.16 280,249.16-1,366,325.83 4,249,600.00 4,860,013.16 755,912.67 3 3,123,675.19 3,123,675.19-517,604.98 517,604.98 244,137.30 244,137.30-3,885,417.47-3,367,812.49 517,604.98 13 185,401,978.53 183,932,661.35 10,063,970.74 3,708,039.49 170,160,651.12 44-49 8,672,093.53 9,942,762.00 4,966,624.97 311,458.39 42,083.33 886,776.27 4,349,223.76 3.99 928,700.00 161,524.58 115,000.00 54,037.08 222,487.50 4.51-8.58 196,273,440.53 189,060,810.90 426,458.39 4,648,852.84 174,732,362.38 8,672,093.53 2002 12 31, 55

, 2002 12 31 78,000,000, 8,672,093.53 2004 9 30 14.. - 24,000.00 - - 24,000.00 60-428,200.00 71,366.67-356,833.33 50 47,324.51-47,324.51 - - 47,324.51 452,200.00 118,691.18-380,833.33 333,508.20 15 2004 12 31 276,995,000.00 1 70,000,000.00 200,168,000.00 206,995,000.00 85,420,000.00-2,250,000.00 276,995,000.00 287,838,000.00 2 143,000,000.00 15,950,000.00- - - 36,000,000.00 11,700,000.00 - - 345,000.00 143,000,000.00 51,950,000.00 12,045,000.00 (3) 16 15,323,500.00 11,037,600.87 15,323,500.00 11,037,600.87 56

1 2004 12 31 15,323,500.00 2005 4,285,899.05 38.83, 2) 5 5 17 2004 12 31 127,417,612.41 (1) 1 115,950,260.08 91.00% 109,824,517.20 85.80% 1 2 7,796,706.39 6.12% 8,404,637.68 6.57% 2 3 1,289,716.25 1.01% 3,830,900.68 2.98% 3 2,380,929.69 1.87% 5,946,597.91 4.65% 127,417,612.41 100.00% 128,006,653.47 100.00% 3 (2) 12,675,133.27, 9.95 % 3,616,456.16 1 3,005,188.00 1 2,445,041.40 1 1,809,521.25 1 1,798,926.46 1 12,675,133.27 5 5 18 2004 12 31 73,250,289.56 7,733,119.34 10.56 (1) 57

1 65,517,170.22 89.44% 53,526,590.63 85.41% 1 2 5,374,831.50 7.34% 5,449,569.22 8.70% 2 3 629,579.07 0.86% 1,857,527.30 2.96% 3 1,728,708.77 2.36% 1,833,197.25 2.93% 73,250,289.56 100.00% 62,666,884.40 100.00% (2) 10,094,562.75 13.78 2,825,689.52 1 2 2,347,736.00 1 1,828,383.75 1 1,584,393.38 1 1,508,360.10 1 10,094,562.75 5 5 19-10,616,324.08-5,569,028.79 52,340.96-92,187.57 41,783.04 66,413.39-8,348,049.10-5,327,531.20 50,229.67 97,043.01 330,944.19 131,662.75 277,014.54 561,725.37 26,906.64 341,396.96 55,318.52 28,585.00 695.42 340,239.83 717.99 588,551.34 96.11 82,998.87-18,128,326.10-8,750,131.04 9,378,195.06 1 2004 1 1 58

2 20 2004 12 31 36,203,342.43 1 1 17,474,761.09 48.27% 31,281,425.86 58.36% 1 2 7,074,911.50 19.54% 14,400,079.10 26.87% 2 3 2,224,614.51 6.14% 5,561,238.66 10.37% 3 9,429,055.33 26.05% 2,357,106.03 4.40% 36,203,342.43 100.00% 53,599,849.65 100.00% 2 3,700,000.00 1 3,678,950.00 1 2,600,000.00 1-2 1,677,293.17 3-4 11,656,243.17 5 5 3 9,429,055.33 26.05% 21. 788,000.00 1,088,000.00-212,572.91 4,275,929.27 5,197,967.01-1,364,887.43 2,214.10-5,066,143.37 7,863,427.35 2004 59

22. 8,587,923.56 18,615,000.00 21,480,000.00 18,637,923.56 - - 30,067,923.56 37,252,923.56 2004 12 31 8,587,923.56 9,880,000.00 21,480,000.00 7,185,000.00 19.29% 23 1 50 000 000 00 50 080 000 00 2003 09 28-2009 09 26 5.76% 40,000,000.00-2004.5.31-2009.9.26 5.76% - 7,880,000.00 1999.12.22-2005.11.22-800,000.00 1998.12.14-2005.12.13-20,000,000.00 2002.07.20-2005.07.20 5.7645% 10 000 000 00 2003 0630-2005 06 30 5 49% 90,000,000.00 88,760,000.00 2 40 000 000 00 40,000,000.00, 2004 5 31 2009 9 26 24 60

5,620,000.00 5,620,000.00 1,001,900.00 701,900.00 380,000.00 380,000.00 MES 150,000.00 150,000.00 100,000.00 100,000.00 105,000.00 5,000.00 7,356,900.00 6,956,900.00 25 1. 84,729,334.00 84,729,334.00 84,729,334.00 84,729,334.00 2. 3. 4. 84,729,334.00 84,729,334.00 1.97,232,276.00 97,232,276.00 2. 115,000,000.00 115,000,000.00 3. 212,232,276.00 212,232,276.00 296,961,61.00 296,961,610.00 61

26 561,157,454.61 - - 561,157,454.61 2,019,038.29 - - 2,019,038.29 3,321,800.00 - - 3,321,800.00 279,562.45-21,267.41 258,295.04 566,777,855.35-21,267.41 566,756,587.94 27 35,646,773.68 - - 35,646,773.68 17,823,386.34 - - 17,823,386.34 3,815,085.65 - - 3,815,085.65 57,285,245.67 - - 57,285,245.67 28-52,446,961.20-59,233,854.37 13,863,343.00 7,400,592.33 613,699.16-38,583,618.20-52,446,961.20 29 1 847,053,483.47 695,804,800.05 543,042,044.46 461,336,190.46 258,563,978.44 223,387,378.09 283,267,245.26 234,263,930.64 28,464,975.77 22,203,746.94 37,584,554.00 28,827,436.38 1,134,082,437.68 941,395,925.08 863,893,843.72 724,427,557.48 62

2 865,013,106.48 730,388,042.56 681,579,027.18 568,332,514.08 269,069,331.20 211,007,882.52 182,314,816.54 156,095,043.40 1,134,082,437.68 941,395,925.08 863,893,843.72 724,427,557.48 3 26,428,879.49 2.06% 13,319,734.87 1.04% 12,978,053.50 1.01% 10,322,320.82 0.81% 8,652,286.32 0.68% 71,701,275.00 5.60% 16,554,646.28 2.26% 10,210,567.26 1.39% 9,497,092.37 1.29% 6,952,217.70 0.95% 6,867,403.45 0.94% 50,081,927.06 6.82% 2004 1,134,082,437.68 941,395,925.08 2003 31.28 29.95 1 26 2 90 3 30 2004 5,978,425.38 2003 6,764,777.42 31 2004 61,894,013.65 2003 42.88% 1 10 2 3 32 2004 94,864,242.49 2003 25.46% 33 63

25,234,727.44 28,514,278.80 4,614,688.40 8,051,591.45 449.59 6,195.07 66,734.79 474.27 30,576.06 89,814.16 324,115.68 234,062.11 20,908,445.58 20,792,284.42 34 1,738,983.39 1,738,983.39 4,220,494.36 4,220,494.36-1,327,843.87 1,327,843.87 50,364.27 50,364.27 - -3,756,058.87-3,756,058.87 2,203,418.88 1,378,208.14 3,581,627.02 35 19,675,885.13 5,091,571.53 3,740,356.98 4,738,271.41 4,621,379.77 1,959,193.84 7,464,990.00 47,291,648.66 64

( ) 1 1 2004 12 31 145,926,129.58 83,897,727.29 57.49% 4,099,718.96 63,856,093.70 45.70% 3,246,642.44 15,350,772.63 10.52% 3,915,523.63 23,553,957.94 16.86% 830,753.15 10,973,733.37 7.52% 2,858,492.50 14,506,585.72 10.38% 736,840.75 8,870,750.22 6.08% 2,197,494.36 23,009,131.39 16.47% 1,523,060.52 14,834,673.54 10.17% 741,733.68 3,887,652.21 2.78% 309,658.55 11,998,472.53 8.22% 11,998,472.53 10,904,363.95 7.80% 10,904,363.95 145,926,129.58 100.00% 25,811,435.66 139,717,784.91 100.00% 17,551,319.36 2004 12 31 5 5 11,998,472.53 2,944,543.12 4 17,551,319.36 11,226,855.09 22,195.67-2,944,543.12 2,966,738.79 25,811,435.66 5 2,969,503.30 2004 2,435,632.95 2003 2,387,093.69 2004 2,354,750.63 2003 2,371,332.28 2004 12,518,312.85 2004 12 31 12,518,312.85 8.58% 2 2004 12 31 203,475,962.42 65

177,824,734.77 87.39% 597,558.07 108,621,978.95 92.34% 347,238.36 18,716,624.91 9.21% 104,496.34 1,660,436.80 1.41% 83,021.85 1,044,685.92 0.51% 52,234.30 2,240,790.00 1.91% 487,935.36 1,250,061.50 0.61% 62,503.08 0.00% - 0.00% 379,739.90 0.32% 379,739.90 4,639,855.32 2.28% 4,639,855.32 4,726,983.92 4.02% 4,726,983.92 203,475,962.42 100.00% 5,456,647.11 117,629,929.57 100.00% 6,024,919.39 2004 12 31 5 5 4,639,855.32 2 3 6,024,919.39 568,272.28 568,272.28 5,456,647.11 4 10,389,342.70 1 6,707,879.31 1 3,570,000.00 5 1,020,855.32 5 745,834.78 1 22,433,912.11 2004 12 31 22,433,912.11 11.03% 3 1 66

1 36,268,444.51 17,500,000.00 - - 36,268,444.51 11,991,017.37 1) 2,189,800.00 - - - 2,189,800.00-2) 34,078,644.51 17,500,000.00 - - 34,078,644.51 11,991,017.37 2 101,872,135.60-6,372,902.64 8,181,027.44 100,064,010.80 1) 101,872,135.60-6,372,902.64 8,181,027.44 100,064,010.80 2) 3) - - - - - - - 1) 2) 138,140,580.11 17,500,000.00 6,372,902.64 8,181,027.44 136,332,455.31 11,991,017.37 2 300,000.00 0.60% 564,000.00 564,000.00 450,000.00 0.27% 495,000.00 495,000.00 500,000.00 2.75% 550,000.00 550,000.00 528,000.00 1.41% 580,800.00 580,800.00 1,778,000.00-2,189,800.00 2,189,800.00 2004 12 31 3 67

720,000.00 60.00% 878,572.55 69,065.53 227,638.08 947,638.08 7,245,023.32 85.00% 19,716,622.00-556,763.22 7,245,133.29 19,159,858.78 24,500,000.00 88.00% - - -24,500,000.00-56,000,000.00 70.00% 11,125,117.83-11,125,117.8 3-56,000,000.00-9,000,000.00 90.00% 12,485,017.93 2,301,656.17 5,786,674.10 14,786,674.10 38,558,619.32 70.00% 30,260,384.11 2,031,413.94-6,266,821.27 32,291,798.05 9,000,000.00 90.00% 10,719,375.80 2,867,342.90 4,586,718.70 13,586,718.70 22,000,000.00 55.00% 16,687,045.38-8,970,755.73-14,283,710.35 7,716,289.65 3,250,000.00 65.00% 3,250,000.00 3,342,876.93 92,876.93 3,342,876.93 4,721,400.00 90.00% 4,721,400.00 6,702,156.51 6,156.51 6,702,156.51 1,530,000.00 51.00% - 1,530,000.00 1,530,000.00 1,530,000.00 176,525,042.64 101,872,135.60 9,501,400.00-1,808,124.80-83,105,334.01 100,064,010.80 4 % 658,475.00 50.00% 750,000.00 15.00% 6,010,000.00 3.33% 20,000,000.00 15.66% 11,991,017.37 450,000.00 15.00% 250,000.00 25.00% 1,788,169.51 53.00% 1,440,000.00 48.00% 2,700,000.00 33.75% 32,000.00 50.00% 34,078,644.51 11,991,017.37 5-58,619.32 10-5,861.94-23,447.72-445,023.32 10-44,502.33-333,767.49 1,974,600.00 10-1,974,600.00 1,470,957.36-50,364.27 1,619,389.22 1 1999 70 2 2002 6 28.75 3 68

90 6) 17,500,000.00-5,508,982.63 11,991,017.37 17,500,000.00-5,508,982.63 11,991,017.37 2000 20,000,000 15.66% 2001 1,750 5,508,982.63 4 555,407,366.93 413,920,995.50 459,667,332.20 349,999,277.28 176,171,664.23 110,374,472.40 151,176,804.00 99,901,913.47 731,581,035.16 524,295,467.90 610,846,140.20 449,901,190.75 5-1,747,750.63-1,747,750.63 1,738,983.39 1,738,983.39-237,663.47-237,663.47 4,220,494.36 4,220,494.36 / 196,560.00 196,560.00 - -7,199,924.71-7,199,924.71-7,841,962.77-7,841,962.77 50,364.27 50,364.27 50,364.27 50,364.27 71,863.09 71,863.09 - -7,465,611.95 5,508,982.63-1,956,629.32-3,576,058.87-3,576,058.87-9,254,466.05-1,568,714.72-10,823,180.77 2,383,418.88-7,791,598.50-5,408,179.62 1 2004-1,747,750.63 2 7,465,611.95 5,508,982.63 3 2004 12 31 31,825,764.59 3,825,764.59 2450 5,712,658.87 3,347,544.02 69

6 2004 37,106,111.29 15,140,631.68 68.93% 1 26 2 3 7 2004 50,381,050.02, 15,934,855.23, 46.26% 8 12,328,839.50 15,543,228.86 3,343,505.00 6,953,962.28 449.59-22,138.70 72,198.25 9,007,922.79 8,661,464.83 ( ) (1) 70

1 10 1 1 179 1 1 95 93 (2) 31,110.10 31,110.10 4,000.00 4,000.00 2,800.00 2,800.00 1,000.00 1,000.00 283.00 283.00 800.00 800.00 1,000.00 1,000.00 120.00 120.00 4,000.00 4,000.00-800.00-800.00-500.00-500.00-300.00-300.00 2 71

81,726,625.00 27.52 81,726,625.00 27.52 9,000,000 90.00 9,000,000 90.00 900,000.00 90.00 900,000.00 90.00 24,500,000 87.50 24,500,000 87.50 28,000,000 70.00 28,000,000 70.00 1,200,000.00 60.00 1,200,000.00 60.00 6,800,000.00 85.00 6,800,000.00 85.00 1,409,471.00 53.00 1,409,471.00 53.00 - - 6,696,000.00 90.00 6,696,000.00 90.00 - - 3,250,000.00 65.00 3,250,000.00 65.00 - - 1,530,000.00 51.00 1,530,000.00 51.00 2 3 1) 72

8,089,074.14 10,578,674.64-5,874,179.00 4,478,903.66 3,787,132.52 823,369.66 4,775,989.82 3,339,182.91 4,501,480.20 2,616,332.48 4,983,894.97 19,346,862.84 34,501,351.15 2) 27,013.79 92,835.38 506,000.00 897,926.08 360,523.08 459,282.00 580,000.00 530,670.00 893,536.86 2,560,713.46 3) 1 23,545,631.45 2 170,778.29 11,805.51 28,065.00 30,174.50 89,192.00 306,192.00 111,872.10 452,678.36 844,429.24 65,562.78 336,066.17 123,884.80 806,276.43 1,764,424.32 3 10,359,467.84 215,405.00 73

178,840.05 10,753,712.89 4 4,883,838.19 2,712,386.63 2,928,859.50 1,869,749.25 7,812,697.69 4,582,135.88 5 1,071,722.70 3,051,722.70 356,049.50 383,979.00 497,690.09 365,803.00 3,780.50 20,000.00 10,175.00 249,758.75 28,258.75 2,175,221.04 3,863,718.95 4) 2004 9 24 90 2004 8 31 2004 060 929.46 90 0.8 669.6 ( ) 2004 12 31 ( ) 2004 12 31 ( ) ( ) ( ) 1 2004 2004 9 30 70% 74

2004 1 9 30,803,141.51 39,550,988.29 0.00 0.00 41,015,033.14 43,588,096.26 9,920,546.52 10,106,054.07 37,859.61 47,324.51 81,103,157.33 77,369,055.63 0.00 0.00 673,423.45 15,923,407.50 2004 1 9 2003 1 12 20,355,756.93 38,981,885.28 2,889,883.33 5,679,253.31-15,324,258.45-7,884,743.21 0.00 0.00-15,324,258.45-7,884,743.21 2 2004 9 24 90 2004 8 31 1 277,304.07 10,629,412.00 0.00 0.00 0.00 5,660,716.07 0.00 5,246,000.00 2 75

0.00 0.00 6,840.57 0.00 6,840.57 3 2005 3 12 2004 4 2000 8 11 5577 18.78% 130,000,000.00 2004 12 31 5 2004 12 31 31,825,764.59 3,825,764.59 3,347,544.02 % 21.640 15.730 21.753 15.798 2.110 0.343 2.121 0.344 1.577 0.853 1.585 0.857 1.332-0.068 1.339-0.069 76

0.6406 0.4596 0.6406 0.4596 0.0624 0.0100 0.0624 0.0100 0.0467 0.0249 0.0467 0.0249 0.0394-0.0020 0.0394-0.0020-3,891,228.48-922,687.31-244,137.30-1,476,514.31 1,124,096.88 7,524,572.25 8,036,592.25 2,156,829.46 7,993,864.52 77