ZhuZhou QianJin Pharmaceutical CO.,Ltd. 2004

2004 2 3 5 7 8 11 16 58 1

2004 2

2004 3 1 ZhuZhou QianJin Pharmaceutical CO.,Ltd. 2 600479 3 15 412003 http://www.qian-jin.com 4 5 15 0733-2496088 0733-2496088 qjyyzqb@qian-jin.com 6 http://www.sse.com.cn 15 7 1993 8 13 2004 6 7 4300001002147 430202184298947 22

2004 2004 6 30 2003 12 31 % 627,999,930.60 258,529,114.27 142.91 167,893,404.10 184,831,332.81-9.16 796,608,103.28 421,291,936.28 89.09 609,228,643.76 216,932,799.57 180.84 10.88 5.71 90.57 10.72 5.56 93.09 2004 1-6 2003 1-6 % 24,816,104.49 21,826,008.81 13.70 24,907,394.50 22,179,749.00 12.30 / 0.44 0.58-23.31 0.53 0.58-8.63 % 4.09% 11.82% 7.73 6.18% 12.55% 6.37-5,535,120.19 17,542,560.49-131.55-364,606.04-114,194.85-250,411.19 159,121.18 0.00 159,121.18-203,117.39-114,194.85-91,290.01 4

2004 1 + - 1 1370 1370 1140 1140 230 230 2 1337.3 1337.3 3 621.3 621.3 4 471.4 471.4 3800 3800 1 0 1800 1800 1800 2 3 4 0 1800 1800 1800 3800 1800 1800 5600 2 [2004]14 2 26 A 1800 1.00 23.05 2004 3 12 17746 5

2004 1 % 0 11,400,000 20.36 0 7,533,000 13.45 0 3,000,000 5.36 0 4,200 0.01 0 1,320,000 2.36 0 1,150,000 2.05 0 1,150,000 2.05 0 1,150,000 2.05 0 1,000,000 1.79 0 460,000 0.82 0 24,640 0.04 0 296,000 0.53 2 A B H 130000 A 121000 A 70098 A 69213 A 55000 A 54840 A 50000 A 44000 A 39096 A 37550 A 10 6

2004 3 5% 3 4 10 10 5 10 1 2004 1 8 2 2004 2 10 2003 2004 2 11 7

2004 1 GMP 284,463,018.21 98,600,694.38, 24,816,104.49 GMP 6 GMP, 2 % % 105,896,450.09 27,217,177.71 74.30 1.48% 9.50% -1.07 14,593,736.23 7,624,403.36 47.76 12.18% 12.08% 3.25 37,640,499.03 32,045,187.13 14.87 4.29% 5.62% 0.13 8

2004 155,990,156.04 150,905,938.42 3.26-25.66% -25.94% 0.18 786,993.94 286,194.00 63.6-9.82% -37.92% -1.78 1,730,481.00 670,900.71 61.23 21.82% 43.52% -3.79 8,611,050.61 6,022,822.85 30.06 4.93% -14.77% 1.57-40,786,348.73-40,786,348.73 31.37% 31.37% 283,994,141.91 183,792,423.90 35.28-16.82% -23.94% 4.55 3,571,175.00 3,296,150.25 7.70 1.09% 1.11% -0.21-3,102,298.70-3,102,298.70 41.24% 41.24% (72 ) 79,321,759.15 17,118,558.67 78.42 4.24% 11.73% -0.38 (108 ) 17,341,042.34 4,641,289.20 73.24-24.51% -10.43% -2.99 3 4 5 10% 6 2003 1 9

2004 2004 2 26 1800 A 39788 4075 35713 39788 4075 4075 % 18000 1003 5.6% 0 2985 2985 100% 0 2800 87 3% 0 GAP 4800 6950 4800 40335 4075 2 10

2004 1 9 3 2 2004 1 2003 2003 50,073,230.86 10% 5,127,070.59 5% 2,623,409.04 114,190,655.65 10 8 2004 1 8 2003 2004 2 10 2003 2004 2 11 1 % 3,325,606.30 3.14 11

2004 2 1 2004.6.30 2003.12.31-128,817.56-1,315,530.22 4,672.02 28,148,016.06 28,123,631.26 4,122,499.00 3,336,870.00 40,000.00 437,500.00 2 1400 600 600 200 2003 10 21 200 2003 10 21 2004 10 20 2004 2 10 120 2004 2 12 2005 2 10 2004 4 21 180 2004 4 21 2005 4 15 2003 9 24 100 2003 9 24 2004 9 23 2003 11 19 200 12

2003 11 19 2004 11 17 2004 2003 11 20 200 2003 11 20 2004 11 17 2004 6 30 200 2004 7 1 2005 6 30 2003 11 19 200 2003 11 19 2004 11 17 1 2 3 [2003]56 2003 56 50% 5% 5% 13

2004 1 A 2004 2 21 2 2004 2 24 3 2004 3 6 4 2004 4 17 5 2004 1 2004 5 19 http://www.sse.com.cn 1 2004 4 16 3 2 2004 5 18 2004 14

2004 3 2004 6 12 GMP GMP 4 2004 6 25 [2004]477 2003 376.43 212.14 2004 6 29 [2004]047 2003 145.28 47.94 424.37 15

2004 2004.6.30 2003.12.31 2004.6.30 2003.12.31 1 398,665,920.88 71,311,390.73 388,996,901.2 47,864,432.83 - - - - 2 30,349,156.30 17,205,784.86 27,435,734.20 14,861,151.12 - - 437,500.00 - - - - - 3 65,436,161.52 62,552,557.76 31,005,944.20 28,809,137.80 4 15,644,729.47 11,643,119.30 42,343,503.71 53,578,495.39 5 18,961,149.64 7,025,652.42 18,514,784.36 6,122,641.42 - - - - 6 94,212,578.00 84,930,934.30 20,341,498.40 20,197,053.26 7 4,730,234.79 3,859,674.90 - - - - - - - - - - 627,999,930.60 258,529,114.2 529,075,866.0 171,432,911.8 8 6,540,000.00 6,540,000.00 56,173,230.51 55,100,384.69 9 2,608.00 2,608.00 2,608.00 2,608.00 6,542,608.00 6,542,608.00 56,175,838.51 55,102,992.69 10 201,991,880.85 195,006,575.9 123,446,947.7 117,115,060.2 10 70,152,881.52 60,744,630.74 48,656,678.66 42,185,125.14 131,838,999.33 134,261,945.2 74,790,269.08 74,929,935.11 10 627,786.20 627,786.20 627,786.20 627,786.20 10 131,211,213.13 133,634,159.0 74,162,482.88 74,302,148.91 11 11,119,948.56 6,154,410.55 11,119,948.56 6,154,410.55 12 12,460,407.32 10,418,967.00 11,545,121.50 10,418,967.00 154,791,569.01 150,207,536.5 96,827,552.94 90,875,526.46 13 4,644,207.29 4,609,576.97 955,381.54 985,847.24 14 2,629,788.38 1,403,100.45 - - - - - - 7,273,995.67 6,012,677.42 955,381.54 985,847.24 - - - - 796,608,103.28 421,291,936.2 683,034,639.0 318,397,278.2 16

2004 2004.6.30 2003.12.31 2004.6.30 2003.12.31 15 14,000,000.00 33,100,000.00-19,100,000.00 16 1,440,000.00 23,044,390.00 990,000.00 15,778,010.00 17 73,695,715.29 51,589,052.40 12,413,655.90 6,829,137.95 18 7,275,198.13 5,498,879.48 9,124,627.70 6,833,759.34 19 22,891,327.89 22,926,644.89 21,888,144.67 21,888,144.67 5,505,132.57 5,159,733.67 3,988,537.12 3,524,999.65 20 2,096,667.29 376,667.29 2,096,667.29 376,667.29 21 16,342,874.68 18,572,488.56 12,203,263.37 14,523,081.74 22 278,752.86 292,937.35 130,967.72 213,078.05 23 24,357,285.79 24,270,539.17 10,970,131.55 12,397,599.95 24 10,449.60 - - - - - - - - - - - - - - - 167,893,404.10 184,831,332.81 73,805,995.32 101,464,478.64 - - - - - - - - 25 670,257.85 670,257.85 - - 26 547,800.00 825,000.00 - - 27 1,900,000.00 1,900,000.00 - - 3,118,057.85 3,395,257.85 - - - - - 171,011,461.95 188,226,590.66 73,805,995.32 101,464,478.64 16,367,997.57 16,132,546.05-28 56,000,000.00 38,000,000.00 56,000,000.00 38,000,000.00 29 402,737,904.63 22,858,164.93 402,737,904.63 22,858,164.93 30 41,943,852.74 41,943,852.74 41,024,618.70 41,024,618.70 30 17,795,574.26 17,795,574.26 17,427,880.65 17,427,880.65 31 108,546,886.39 114,130,781.90 109,466,120.43 115,050,015.94-609,228,643.76 216,932,799.57 609,228,643.76 216,932,799.57 796,608,103.28 421,291,936.28 683,034,639.08 318,397,278.21 17

2004 2003 12 31 2004 6 30 6,606,715.50 495,319.09 166,643.92 118,843.71 6,816,546.96 3 5,432,768.55 481,297.49 118,843.71 5,795,222.33 4 1,173,946.95 14,021.60 166,643.92 1,021,324.63 - - - - - - - 6 388,051.79 - - 51,730.00 336,321.79 6 388,051.79 51,730.00 336,321.79 6 - - - - - 8-9 - 10 627,786.20 627,786.20 10 10 627,786.20 627,786.20 10 10 10 10 18

2004 2003 12 31 2004 6 30 2,169,623.97 174,718.84 135,705.26-2,208,637.55 3 1,532,147.93 174,718.84 1,706,866.77 4 637,476.04 135,705.26 501,770.78 - - - - - - - 197,868.36 - - - 197,868.36 197,868.36 197,868.36 - - - - - 8-9 - 627,786.20 627,786.20 627,786.20 627,786.20 - - - - - - - - - - - 19

2004 2004.1-6 2003.1-6 2004.1-6 2003.1-6 32 284,463,018.21 342,742,088.75 105,896,450.09 104,351,315.85 33 183,986,275.45 242,709,310.82 27,217,177.71 24,856,045.18 34 1,876,048.38 1,779,460.49 1,499,390.40 1,402,062.26 98,600,694.38 98,253,317.44 77,179,881.98 78,093,208.41 35 335,780.93 197,178.97 137,229.11 78,194.33 46,731,741.44 42,171,684.43 36,336,342.64 29,208,701.57 22,320,357.67 23,418,611.03 13,683,451.96 11,735,878.46 36 126,665.60-416,592.79-148,588.80 450,514.29 29,757,710.60 33,276,793.74 27,445,905.29 36,776,308.42 37 900,000.00 536,000.00 2,410,345.82-1,770,082.71 - - - - 38 163,865.48 364,713.82 122,410.12 10,588.00 39 533,626.79 897,142.07 463,500.00 725,571.15 30,287,949.29 33,280,365.49 29,515,161.23 34,291,242.56 5,039,518.28 12,699,120.30 4,699,056.74 12,465,233.75 432,326.52-1,244,763.62 - - 24,816,104.49 21,826,008.81 24,816,104.49 21,826,008.81 20

2004 2004.1-6 2003.1-6 2004.1-6 2003.1-6 24,816,104.49 21,826,008.81 24,816,104.49 21,826,008.81 114,130,781.90 71,867,904.42 115,050,015.94 72,487,769.71 - - - 138,946,886.39 93,693,913.23 139,866,120.43 94,313,778.52 - - - - - - - - - - - - - - - 138,946,886.39 93,693,913.23 139,866,120.43 94,313,778.52 - - - - - - - - 30,400,000.00-30,400,000.00 - - - - - 108,546,886.39 93,693,913.23 109,466,120.43 94,313,778.52 1. 2. 3. ( ) 4. ( ) 5. 6. 21

2004 2004.1-6 304,994,904.90 82,801,580.60 174,385.60 174,385.60 40 4,489,709.61 22,194,632.08 309,659,000.11 105,170,598.28 199,717,983.90 12,126,207.97 20,345,809.86 12,338,287.90 31,533,723.47 27,513,261.01 41 63,596,603.07 50,470,993.78 315,194,120.30 102,448,750.66-5,535,120.19 2,721,847.62 - - 900,000.00 900,000.00 300,651.04 256,251.04 42 658,233.62 217,371.69 1,858,884.66 1,373,622.73 21,524,761.34 15,988,859.65 - - - - 21,524,761.34 15,988,859.65-19,665,876.68-14,615,236.92 - - 397,879,739.70 397,879,739.70 5,000,000.00-43 3,457,359.16 3,144,500.00 406,337,098.86 401,024,239.70 24,100,000.00 19,100,000.00 25,901,063.92 25,335,593.82 44 3,780,507.92 3,562,788.19 53,781,571.84 47,998,382.01 352,555,527.02 353,025,857.69 - - 327,354,530.15 341,132,468.39 22

2004 2004 1-6 1 ( - ) 24,816,104.49 24,816,104.49 ( - ) 432,326.52-328,675.17 39,013.58 10,256,724.42 7,172,950.66 265,124.68 83,160.70 515,242.97 - ( : ) -870,559.89 - ( : ) 10,449.60 - ( : ) -75,303.30-114,236.12 - - 126,665.60-148,588.80 ( : ) -900,000.00-2,410,345.82 ( : ) - - ( : ) -9,229,913.70-144,445.14 ( : ) -35,406,655.66-27,078,036.28 ( : ) 4,195,998.91 506,270.35 ( ) - - -5,535,120.19 2,721,847.62 2 - - - - - - - - 3 - - 398,665,920.88 388,996,901.22 71,311,390.73 47,864,432.83 - - - - 327,354,530.15 341,132,468.39 23

1993 6 9 1993 113 1993 6 17 1993 04 1000 1993 8 12 1996 1996 10 8 1996 68 1000 10 1.5 7.5 1900 1996 12 < > 1997 30 1998 1998 12 28 1998 58 1998 10 31 2.69 235.7 2000 2001 6 15 2001 037 1900 10 5 10 5 3800 2001 65% 65% 2002 14 [2004] 14 2004 2 26 A 18,000,000 1.00 3 12 23.05 397,879,739.70 5600

25 2004 2004 0008, 4300001002147 1 2 1 1 12 31 3 4 5 6 7 1 8

2004 1 5% 1 2 15% 2 3 25% 3 50% 1 2 9 10 1 20% 20% 20% 20% 20% 20% 10 26

2004 2 3 11 1 (3%-5%) 15-30 13.33%-6.67% 5-14 40%-14.29% 6 33% 5-10 40%-20% 5 40% 5 40% ( 3%), 27

2004 35-40 2.77%-2.43% 10 9.7% 10 9.7% 12 3 13 14 10 1 28

2004 2 3 4 15 16 1 2 17 18 50% 50% [ ] 29

2004 1 17% 13% 5% 7% 5% 3% 33% 2 1 [2004]047 03 145.28 47.94 2 [2004]477 2003 376.43 212.14 1 2004 6 30 1000 903.48 20.00 816.00 1600 -- 1000 700.00 20.00 30

2004 2500 1,982 -- OK 2 85.67% 85.67% 51% 51% 70% 72% 79.28% 79.28% 1 2004.6.30 2003.12.31 116,223.05 270,167.17 398,549,683.29 71,018,034.02 14.54 23,189.54 398,665,920.88 71,311,390.73 2 2004.6.30 2003.12.31 278,406.84 30,349,156.30 16,927,378.02 30,349,156.30 17,205,784.86 3 1 A 2004.6.30 2003.12.31 % % 1 64,677,057.87 90.80% 3,301,586.99 60,706,394.80 89.30% 3,025,483.50 1-2 3,747,111.47 5.26% 1,567,894.58 5,604,344.13 8.24% 1,871,147.88 2-3 1,895,160.61 2.66% 473,873.38 1,204,626.17 1.77% 301,156.55 31

2004 3 912,053.90 1.28% 451,867.38 469,961.21 0.69% 234,980.62 71,231,383.85 100.00% 5,795,222.33 67,985,326.31 100.00% 5,432,768.55 65,436,161.52 62,552,557.76 1,180,761.55 B 5% C % 1,307,254.20 1.84% 1 1,204,000.00 1.69% 1 1,180,761.55 1.66% 1-2 ( ) 1,055,130.48 1.48% 1 1,025,256.15 1.44% 1 2 5,772,402.38 8.11% A 2004.6.30 2003.12.31 % % 1 32,073,906.63 98.05% 1,604,831.99 30,224,403.67 99.61% 1,509,550.01 1-2 587,399.00 1.80% 88,109.85 86,039.72 0.28% 12,905.96 2-3 29,746.48 0.09% 7,436.62 22,916.87 0.08% 5,729.22 3 21,758.86 0.06% 6,488.31 7,925.47 0.03% 3,962.74 32,712,810.97 100.00% 1,706,866.77 30,341,285.73 100.00% 1,532,147.93 31,005,944.20 28,809,137.80 B 5% C % 1,307,254.20 4.00% 1 1,204,000.00 3.68% 1 ( ) 1,055,130.48 3.23% 1 1,025,256.15 3.13% 1 1,000,005.80 3.05% 1 32

4 1 2004 5,591,646.63 17.09% A 2004.6.30 2003.12.31 % % 1 14,384,147.86 86.31% 284,314.23 9,260,874.12 72.26% 453,363.57 1-2 410,991.52 2.47% 73,266.00 2,796,605.18 21.82% 420,252.33 2-3 1,208,603.87 7.25% 323,979.97 519,308.01 4.05% 140,191.58 3 662,310.85 3.97% 339,764.44 240,278.94 1.87% 160,139.47 16,666,054.10 100.00% 1,021,324.63 12,817,066.25 100.00% 1,173,946.95 15,644,729.47 11,643,119.30 B 5% C 18 1,000,000.00 6.00% 2-3 1,000,000.00 6.00% 1 546,000.00 3.28% 1 193,556.00 1.16% 1 155,390.00 0.93% 1 2,894,946.00 17.37% 546,000.00 2 A 2004.6.30 2003.12.31 % % 1 41,474,130.77 96.80% 102,152.13 51,661,823.71 95.28% 218,665.62 1-2 101,500.00 0.24% 15,225.00 2,285,720.87 4.22% 343,619.68 2-3 1,001,216.87 2.34% 250,180.22 231,013.75 0.43% 56,484.19 3 268,426.85 0.62% 134,213.43 37,413.10 0.07% 18,706.55 33

2004 42,845,274.49 100.00% 501,770.78 54,215,971.43 100.00% 637,476.04 42,343,503.71 53,578,495.39 B 39,759,209.33 C 28,148,016.06 65.70% 1 4,080,499.00 9.52% 1 18 1,000,000.00 2.33% 2-3 1,000,000.00 2.33% 1 144,000.00 0.34% 1 34,372,515.06 80.22% D 5% 5 2004.6.30 2003.12.31 1 12,016,099.61 63.36% 6,469,858.51 92.09% 1-2 6,349,141.75 33.49% 466,392.00 6.64% 2-3 526,603.37 2.78% 65,531.91 0.93% 3 69,304.91 0.37% 23,870.00 0.34% 18,961,149.64 100.00% 7,025,652.42 100.00% A 5% B 34 2004.6.30 2003.12.31 2,136,169.10 53,262.57 6,300,000.00 0.00 9,828,615.26 5,569,090.11

2004 250,000.00 500,288.74 18,514,784.36 6,122,641.42 12,392,142.94 3,843,014.43 202.40% 168.58% C 2004 6 30 1,764,527.10 2003 741,964.21 2003 2,508,491.00 2002 6,300,000.00 2004 D 1 6 2004.6.30 2003.12.31 423,342.00 89,568.79 5,644,116.75 6,464,925.58 977,455.62 261,176.12 80,800,100.17 74,600,179.21 3,758,818.25 3,471,111.52 2,945,067.00 432,024.87 94,548,899.79 85,318,986.09 336,321.79 388,051.79 94,212,578.00 84,930,934.30 2003.12.31 2004.6.30 388,051.79 51,730.00 336,321.79 388,051.79 51,730.00 336,321.79 7 2003.12.31 2004.6.30 3,526,341.58 2,237,871.81-1,489,125.37 4,275,088.02-83,494.64 37,952.10-45,542.54 35

36 2004-713,151.87 397,270.94-315,880.93 333,333.32 18,650.00 258,260.02-93,723.30 3,859,674.90 3,053,168.32 693,483.06 1,489,125.37 4,730,234.79 8 1 A 2003.12.31 2004.6.30 - - 6,540,000.00 - - 6,540,000.00 - - - - 6,540,000.00-6,540,000.00- - - - - - - - - - 6,540,000.00 6,540,000.00 B 3.92% 540,000.00 5.56% 6,000,000.00 6,540,000.00 1 2 2 A 2003.12.31 2004.6.30-55,100,384.69 1,510,345.82 437,500.00 56,173,230.51 48,560,384.69 1,510,345.82 437,500.00 49,633,230.51-6,540,000.00 6,540,000.00 -

2004 - - 55,100,384.69 1,510,345.82 437,500.00 56,173,230.51 B 3.92% 540,000.00 5.56% 6,000,000.00 51.00% 8,160,000.00 85.67% 9,034,845.38 70.00% 7,000,000.00 50 79.28% 19,820,000.00 50,554,845.38 1 2 C 6,000,000.00 540,000.00 8,160,000.00 6,592.60-3,716,354.22 9,034,845.38 192,260.27 1,877,484.96 7,000,000.00 305,416.95 437,500.00 1,811,549.78 19,820,000.00 1,006,076.00-121,172.72 50,554,845.38 1,510,345.82 437,500.00-148,492.20 1,510,345.82 D 2003.12.31 2004.6.30 510,016.96 510,016.96 37

2004 1,163.86 1,163.86 - - 5,255,696.51 5,255,696.51 5,766,877.33-5,766,877.33 E 2003.12.31 2004.6.30 4,947,070.14 6,592.60 4,953,662.74 10,721,233.93 192,260.27 10,913,494.20 8,943,632.83-132,083.05 8,811,549.78 23,948,447.79 1,006,076.00 24,954,523.79 6,000,000.00-6,000,000.00 540,000.00 540,000.00 55,100,384.69 1,072,845.82 56,173,230.51 9 A 2003.12.31 2004.6.30 2,608.00 2,608.00 - - - - 2,608.00 2,608.00 2,608.00 2,608.00 B 2608 13040 2608 -- 1987 20% C 38

10 A 2004 2003.12.31 2004.6.30 114,462,653.35 167,486.46 0.00 114,630,139.81 57,181,002.12 3,912,147.84 519,580.00 60,573,569.96 2,182,327.07 535,728.40 0.00 2,718,055.47 1,419,667.00 110,000.00 228,390.00 1,301,277.00 17,647,399.92 3,589,723.19 653,800.00 20,583,323.11 2,113,526.52 82,660.00 10,671.02 2,185,515.50 195,006,575.98 8,397,745.89 1,412,441.02 201,991,880.85 1 3,494,747.84 1,907,760.00 B 2003.12.31 2004.6.30 22,360,359.95 3,272,956.38 0.00 25,633,316.33 27,074,179.87 4,538,786.29 459,076.24 31,153,889.92 975,831.97 291,516.77 0.00 1,267,348.74 615,059.60 102,680.21 136,268.71 581,471.10 8,411,019.94 1,877,853.37 244,288.84 10,044,584.47 1,308,179.41 172,931.40 8,839.85 1,472,270.96 60,744,630.74 10,256,724.42 848,473.64 70,152,881.52 C 2003.12.31 2004.6.30 627,786.20 - - 627,786.20 627,786.20 627,786.20 D 2004.6.30 2003.12.31 88,996,823.48 92,102,293.40 28,791,893.84 29,479,036.05 1,450,706.73 1,206,495.10 719,805.90 804,607.40 39

2004 10,538,738.64 9,236,379.98 713,244.54 805,347.11 131,211,213.13 133,634,159.04 11 2004.6.30 2003.12.31 11,119,948.56 6,154,410.55 12 1 2003.12.31 2004.6.30 29,850,000.00 7,296,544.00 486,500.00 16,460.00 7,766,584.00 26.02% 3,122,423.00 1,616,400.32 45,000.00 4,693,823.32 34,472,616.24 10,418,967.00 2,102,900.32 61,460.00 12,460,407.32 2 13 A 2003.12.31 2004.6.30 1,994,874.38 1,047,680.29 299,755.00-174,789.46 822,228.55 1,172,645.83 1-10 450,000.00 330,000.00 - - 15,000.00 135,000.00 315,000.00 10 6 635,098.80 90,873.55 - - 28,623.72 572,848.97 62,249.83 3 3,622,920.40 3,116,227.30 - - 45,286.50 551,979.60 3,070,940.80 33 28,500.00 24,795.83 - - 1,425.00 5,129.17 23,370.83 8 3 6,731,393.58 4,609,576.97 299,755.00 265,124.68 2,087,186.29 4,644,207.29 B 40

14 2004 2003.12.31 2004.6.30 5,077,573.25 1,403,100.45 1,741,930.90 515,242.97 0.00 2,629,788.38 5,077,573.25 1,403,100.45 1,741,930.90 515,242.97 0.00 2,629,788.38 15 2004.6.30 2003.12.31 - - 14,000,000.00 14,000,000.00-19,100,000.00 14,000,000.00 33,100,000.00 : 600 700 100 16 2004.6.30 2003.12.31 1,440,000.00 23,044,390.00 1,440,000.00 23,044,390.00 1 99 2 17 2004.6.30 2003.12.31 73,695,715.29 51,589,052.40 1 2004 6 30 5% 2 2004 6 30 3 3) 2200 2100 41

4 2004 1,525,694.05 2.07% 1,358,903.57 1.84% 768,000.00 1.04% 766,662.60 1.04% 705,640.00 0.96% 5,124,900.22 6.95% 18 2004.6.30 2003.12.31 7,275,198.13 5,498,879.48 2004 6 30 5% 5% 19 2004.6.30 2003.12.31 21,888,144.67 21,888,144.67 1,003,183.22 1,038,500.22 22,891,327.89 22,926,644.89 21,888,144.67 95 306 96 22 1996 1996 1998 20 2004.6.30 2003.12.31 963,091.33 163,091.33 920,000.00-57,500.00 57,500.00 117,675.96 117,675.96 38,400.00 38,400.00 42

2004 2,096,667.29 376,667.29 2003 30,400,000.00 21 2004.6.30 2003.12.31 14,731,711.19 16,528,085.77 208,578.50 192,139.44 539,190.56 367,670.88 447,184.89 1,357,237.59 315,825.49 56,641.60 50,966.90 25,618.50 49,417.15 45,094.78 16,342,874.68 18,572,488.56 1 2 22 2004.6.30 2003.12.31 278,752.86 292,937.35 23 2004.6.30 2003.12.31 24,357,285.79 24,270,539.17 A 7,066,725.66 28.98% 3 1,060,360.00 4.35% 3 813,336.08 3.34% 1 615,940.65 2.53% 2-3 518,200.00 2.12% 3 10,074,562.39 41.32% B 3 43

2004 7,066,725.66 1997-1999 1,060,360.00 1992-2002 518,200.00 1991 8,645,285.66 1 1,060,360.00 861,800.00 1992 80 2 1997 5 5 1996 119 3% 2001 2,185,866.46 24 2004.6.30 2003.12.31 13,149.60-2,700.00 10,449.60 25 2004.6.30 2003.12.31 670,257.85 670,257.85 1 2002 670,257.85 26 44

2004 2004.6.30 2003.12.31 122,800.00 300,000.00 385,000.00 385,000.00 60,000.00 40,000.00 80,000.00 547,800.00 825,000.00 27 2004.6.30 2003.12.31 1,900,000.00 1,900,000.00 1998 < 1997 95 > 190 28 A (+,-) 38,000,000.00 - - - - - - 38,000,000.00 113,700,000.00 - - - - - - 13,700,000.00 11,400,000.00 - - - - - - 11,400,000.00 2,300,000.00 - - - - - 2,300,000.00 - - - - - - - - 213,373,000.00 - - - - - 13,373,000.00 3 6,213,000.00 - - - - - 6,213,000.00 4 4,714,000.00 - - - - - - 4,714,000.00 4,714,000.00 - - - - - 4,714,000.00 - - - - - 18,000,000.00 18,000,000.00 18,000,000.00 1 - - - - - 18,000,000.00 18,000,000.00 18,000,000.00 45

2004 38,000,000.00 - - - 0 18,000,000.0-18,000,000.00 56,000,000.00 [2004] 14 2004 2 26 A 18,000,000 1.00 3 12 23.05 397,879,739.70 5600 2004 0008 B 5% 11,400,000.00 20.36% ( ) 7,533,000.00 13.45% 3,000,000.00 5.36% 21,933,000.00 39.17% 1800 5% 57.71% 39.17% 29 2003.12.31 2004.6.30 ( ) 2,485,188.95 379,879,739.70 382,364,928.65 31,220.00 31,220.00 6,160,910.79 6,160,910.79 5,000,000.00 5,000,000.00 9,180,845.19 9,180,845.19 22,858,164.93 379,879,739.70 402,737,904.63 A 1800 397,879,739.7 379,879,739.70 2004 0008 30 2003.12.31 2004.6.30 46

2004 22,983,790.27 22,983,790.27 17,795,574.26 17,795,574.26 1,164,488.21 1,164,488.21 41,943,852.74 41,943,852.74 31 A B 10% C 5% D E 2003.12.31 2004. 6.30 114,130,781.91 24,816,104.49 30,400,000.00 108,546,886.40 1 2003 2) 2002 2003 10% 5% 40% 2003 0.8 2003 3040 3 2002 5 30 2002 A 2002 7 3 2002 32 1 2004.1-6 2003.1-6 117,413,833.80 114,906,716.82 164,531,709.47 225,542,181.46 47

48 2004 1,730,481.00 1,420,465.00 786,993.94 872,725.47 284,463,018.21 342,742,088.75 1 6101.05 2 6,358,999.13 2.24% 5,392,237.24 1.90% 5,317,072.03 1.87% 4,098,658.50 1.44% 3,469,952.05 1.21% 24,636,918.95 8.66% A 2004.1-6 2003.1-6 105,896,450.09 104,351,315.85 14,593,736.23 13,009,449.94 37,640,499.03 36,090,925.14 786,993.94 872,725.47 155,990,156.04 209,836,907.58 1,730,481.00 1,420,465.00 8,611,050.61 8,206,190.33 325,249,366.94 373,787,979.31-40,786,348.73-31,045,890.56 284,463,018.21 342,742,088.75 B 2004.1-6 2003.1-6 283,994,141.91 341,405,897.52 ( ) 3,571,175.00 3,532,677.84 287,565,316.91 344,938,575.36

49 2004-3,102,298.70-2,196,486.61 284,463,018.21 342,742,088.75 2 2004.1-6 2003.1-6 105,896,450.09 104,351,315.85 3,424,827.19 3.24% 3,213,659.64 3.03% 2,554,751.28 2.41% 2,500,243.88 2.36% 2,409,659.57 2.28% A 14,103,141.56 13.32% 2004.1-6 2003.1-6 105,896,450.09 104,351,315.85 B 2004.1-6 2003.1-6 105,427,573.79 103,015,124.62 3,571,175.00 3,532,677.84-3,102,298.70-2,196,486.61 105,896,450.09 104,351,315.85 33 1 2004.1-6 2003.1-6 31,765,228.55 29,204,835.24 151,263,952.19 212,576,038.97 670,900.71 467,461.62 286,194.00 460,974.99 183,986,275.45 242,709,310.82

2004 A 2004.1-6 2003.1-6 27,217,177.71 24,856,045.18 7,624,403.36 6,802,839.03 32,045,187.13 30,340,660.69 286,194.00 460,974.99 150,905,938.42 203,761,036.72 670,900.71 467,461.62 6,022,822.85 7,066,183.15 224,772,624.18 273,755,201.38-40,786,348.73-31,045,890.56 183,986,275.45 242,709,310.82 B 2004.1-6 2003.1-6 183,792,423.90 241,645,700.46 3,296,150.25 3,260,096.97 187,088,574.15 244,905,797.43-3,102,298.70-2,196,486.61 183,986,275.45 242,709,310.82 2 2004.1-6 2003.1-6 27,217,177.71 24,856,045.18 A 2004.1-6 2003.1-6 27,217,177.71 24,856,045.18 B 50

51 2004 2004.1-6 2003.1-6 27,023,326.16 23,792,434.82 3,296,150.25 3,260,096.97-3,102,298.70-2,196,486.61 27,217,177.71 24,856,045.18 34 2004.1-6 2003.1-6 5% 69,893.56 70,252.97 7% 1,264,306.41 1,206,907.45 3% 541,848.41 502,300.07 1,876,048.38 1,779,460.49 35 2004.1-6 2003.1-6 12,266.21 25,499.14 117,703.93 57,470.09 251,707.79 173,958.53 381,677.93 256,927.76 3,879.90 31,347.30-42,017.10 28,401.49 45,897.00 59,748.79 8,386.31-5,848.16 117,703.93 57,470.09 209,690.69 145,557.04 335,780.93 197,178.97 36 2004.1-6 2003.1-6 838,746.33 1,163,389.71 : 658,233.62 399,944.79 - : - -53,847.11-1,180,037.71

52 2004 126,665.60-416,592.79 37 1 2004.1-6 2003.1-6 - - - 900,000.00 536,000.00-900,000.00 36,000.00 - - - - 2 900,000.00 536,000.00 2004.1-6 2003.1-6 - - - 2,410,345.82-1,770,082.71 1,510,345.82-2,306,082.71 900,000.00 536,000.00 - - - - 2,410,345.82-1,770,082.71 38 2004.1-6 2003.1-6 114,236.12 33,903.72 5,649.30 268,490.56

2004-30,000.00-8,000.00 43,980.06 24,319.54 163,865.48 364,713.82 39 2004.1-6 2003.1-6 38,932.82 152,435.08 16,561.04 9,027.94 11,000.00 395,760.00 2,000.00 465,132.93 339,919.05 533,626.79 897,142.07 40 4,489,709.61 2004.1-6 2003.1-6 964,970.93 432,411.70 48,533.36 271,063.56 2,409,752.00 547,638.63 41 63,596,603.07 2004.1-6 2003.1-6 13,079,058.78 8,643,276.91 18,644,508.09 18,584,763.70 2,409,752.00 2,607,184.18 789,509.99 1,236,878.82 953,724.90 1,374,977.38 1,933,288.19 1,469,800.17 42 658,233.62 2004.1-6 2003.1-6 - 658,233.62 399,944.79 43 3,457,359.16 53

2004 2004.1-6 2003.1-6 3,146,840.10 73,773.91 1,231,882.07 236,745.15 44 3,780,507.92 2004.1-6 2003.1-6 3,566,736.92 51,844.36 213,771.00 1 A B 2003.12.31 2004.6.30 1000 1000 1000 1000 1600 1600 2500 2500 6100 6100 C 2003.12.31 2004.6.30 1140 30% 1140 20.34% 856.7 85.67% 856.7 85.67% 700 70% 700 70% 816 51% 816 51% 1982 79.28% 1982 79.28% 2 54

2004 1) 2004.1-6 2003.1-6 3,325,606.30 1,799,335.77 2) 2004.6.30 2003.12.31-128,817.56-1,315,530.22 4,672.02 28,148,016.06 28,123,631.26 4,122,499.00 3,336,870.00 40,000.00 437,500.00 a. b. 2004 6 30 32,310,515.06 c. 6 2003 3) 2004.6.30 1,200,000.00 2004.2-2005.2 1,800,000.00 2004.4-2005.4 1,000,000.00 2003.9-2004.9 2,000,000.00 2003.10-2004.10 2,000,000.00 2003.11-2004.11 2,000,000.00 2004.7-2005.6 55

2004 2,000,000.00 2003.11-2004.11 2,000,000.00 2003.11-2004.11 14,000,000.00 1) 2500 4.10% 600 1400 500 2) 1400 2.30% 3 2004 6 30 2004 6 30 2004 7 29 2004 6 30 1 56 2004.6.30 2003.12.31 2004.6.30 2003.12.31 16.18% 95.30% 24.47% 108.32% 4.88% 32.70% 7.39% 37.16% 4.07% 23.08% 6.16% 26.24% 4.09% 23.50% 6.18% 26.71% 2 2004.6.30 2003.12.31 2004.6.30 2003.12.31 1.76 5.44 2.10 5.44

2004 0.53 1.87 0.63 1.87 0.44 1.32 0.53 1.32 0.44 1.34 0.53 1.34 3-364,606.04-114,194.85-250,411.19 159,121.18 0.00 159,121.18-203,117.39-114,194.85-91,290.01 57

2004 : 58