2004 ( ) 1 YUNNAN BAIYAO GROUP CO.,LTD : : (0871) (0871)

2004 2004 1 2 4 6 7 9 9 1 42

2004 ( ) 1 YUNNAN BAIYAO GROUP CO.,LTD. 2 000538 3 : :650118 www.ynby.com.cn ynby@ynby.cn 4 5 (0871)8324159 han@ynby.cn (0871)5350538 maqing@ynby.cn 222 (0871)8324169 6 http://www.cninfo.com.cn 7 1 1993 11 30 51 2004 4 29 2 5300001003806 3 53010221652214X 4 16 2 42

2004 1 815242337.07 686997091.50 18.67 492588209.21 361036421.37 36.44 1170236319.35 1045678331.87 11.91 576328455.61 584373603.30-1.38 2.39 3.14-23.89 2.33 3.08-24.35 1 6 75555711.51 60520029.33 24.84 69718144.10 61269549.41 13.79 0.313 0.326-3.99 ( ) 0.313 0.251 24.70 13.11% 11.54% 1.57% 19537087.82 42217486.75-53.72 2 4915011.47 37841.93 194127.02 70834.85 761421.84 5837567.41 3 42

2004 ( ) (+ -) % 1 122893650 0 0 36868095 0 0 36868095 159761745 66.14 122893650 0 0 36868095 0 0 36868095 159761745 66.14 0 0 0 0 0 0 0 0 0 2 4173840 0 0 1252152 0 0 1252152 5425992 2.24 30 0 0 0 0 0 0 0 0 4 0 0 0 0 0 0 0 0 0 127067490 0 0 38120247 0 0 38120247 165187737 68.38 1 58750486 0 0 17625145 0 0 17625145 76375631 31.62 58750486 0 0 17625145 0 0 17625145 76375631 31.62 185817976 0 0 55745392 0 0 55745392 241563368 100 9029 10 ( ) 28428414 123196461 51.00 0 8437681 36563284 15.14 0 2412414 3501384 1.45 3306385 1.37 1883755 0.78 415800 1801800 0.75 0 1545912 0.64 312889 1355854 0.56 0 1069920 0.44 1038744 0.43 2002 12 51% 4 42

2004 10 A B H - 3501384 A 3306385 A - 1883755 A 1545912 A 1069920 A 1038744 A 1016695 A - 946549 A 941013 A 743460 A 5 42

2004 2003 10 3 7672 2301 9973 7856 2357 10213 6804 2041 8845 6840 2052 8892 1 0 1 29173 8751 37924 6 42

2004 2004 851607 622502 229105 36.80% 37.09%( 36% 33%) 92850 75015 17835 23.78% 75556 60520 15036 24.84% 1 2003 2003 14 1200 122 2003 * 50 21 ISO9000 2 1 2 ( ) (%) (%) 841681 580242 31.06 37.09 38.84-2.72 7384 4920 33.37 21.45 34.68-16.41 964 0 100.00 44.53-100.00 9.17 1578 1345 14.76-11.40-11.34-0.40 851607 586507 31.13 36.80 38.60-2.78 0 7679 174% 451 32% 3 ( ) (%) 617519 41.32 230475 25.50 3613 93.21 7 42

2004 4 3 4 10% 30000 229257 79699 244617 15793 5 50884 50884 1 2003 4717, 4717 2 8 42

2004 ( ) 4 40% ( )2004 5 25 2003 10 4.50 10 3 6 2004 1 2 3 (1) 6916 2004 7 2 4769 2147 (2) 2004 27000 16500 10000 6500 50% 2/3 1 2 5% ( 5%) ( ) ( ) 1 ( ) 2 ( ) 3 ( ) 9 42

2004 01 2004 6 30 2004 6 30 2003 12 31 2004 6 30 2003 12 31-68,854,255.20 197,884,892.33 244,274,925.84 56,902,657.20 62,814,160.10 1,211,014.00 248,880.00 1,211,014.00 248,880.00 92,719,083.13 41,528,619.88 60,109,361.74 6,548,265.10 - - - - - - - - 141,328,446.34 99,857,715.85 35,152,909.26 31,643,048.14 44,583,174.64 34,452,515.88 34,035,623.14 27,292,507.50 26,474,533.66 9,096,701.45 6,574,805.20 1,534,623.40 - - - - 309,267,094.84 256,879,183.77 35,853,886.32 30,203,486.21 1,774,098.13 658,548.83 89,344.60 - - - - - - - - - 815,242,337.07 686,997,091.50 229,929,601.46 160,284,970.45 : 50,884,499.75 50,884,499.75 332,695,901.37 409,563,592.63 - - - - 50,884,499.75 50,884,499.75 332,695,901.37 409,563,592.63-492,912.31-492,912.31 - - : 360,203,766.24 355,430,060.62 158,170,706.44 155,720,286.44 : 130,484,592.26 122,052,604.19 55,827,069.40 52,198,773.71 229,719,173.98 233,377,456.43 102,343,637.04 103,521,512.73 2,385,112.62 2,431,648.61 300,329.72 300,329.72 227,334,061.36 230,945,807.82 102,043,307.32 103,221,183.01 72,838.06 109,356.06 - - 16,398,231.66 15,526,219.85 76,050.00 366,676.80 118,625.89 118,625.89 - - 243,923,756.97 246,700,009.62 102,119,357.32 103,587,859.81 : 46,177,563.09 47,126,143.07 29,551,550.86 30,261,461.44 4,008,162.47 3,970,587.93 484,996.95 765,293.32 10,000,000.00 10,000,000.00 - - 60,185,725.56 61,096,731.00 30,036,547.81 31,026,754.76 : - - - - 1,170,236,319.35 1,045,678,331.87 694,781,407.96 704,463,177.65 : 10 42

2004 01 2004 6 30 2004 6 30 2003 12 31 2004 6 30 2003 12 31 21,280,000.00 17,350,000.00 - - 86,633,373.40 76,444,622.20 - - 211,144,400.83 159,237,193.97 28,232,594.99 18,233,796.49 13,229,041.07 21,200,883.26 799,943.42 32,473,554.13 6,893,667.33 6,079,863.40 4,903,704.60 4,903,704.60 13,288,613.41 11,359,285.56 1,133,187.50-133,012.75 20,523,350.02 1,177,743.22 19,679,355.54 333,748.80 25,820,791.22 11,695,942.77 16,935,689.94 7,109,330.87 1,357,715.34 558,595.03 670,495.28 127,392.17 88,790,918.41 53,731,505.03 36,298,142.81 46,375,732.22 3,626,338.18 2,200,786.93 88,951.00 89,541.23 - - - - - - - - - - - - 492,588,209.21 361,036,421.37 108,742,065.08 109,513,787.76 : 9,999,155.23 10,000,435.23 - - - - - - 5,310,039.43 5,310,039.43 - - 21,106,888.06 21,162,840.17 9,359,834.39 10,575,786.50 - - - - 36,416,082.72 36,473,314.83 9,359,834.39 10,575,786.50 : - - - - 529,004,291.93 397,509,736.20 118,101,899.47 120,089,574.26 64,903,571.81 63,794,992.37 - - : 241,563,368.00 185,817,976.00 241,563,368.00 185,817,976.00 - - - - 241,563,368.00 185,817,976.00 241,563,368.00 185,817,976.00 96,336,843.60 152,065,005.60 96,336,843.60 152,065,005.60 158,225,909.93 158,225,909.93 108,814,341.52 108,814,341.52 : 34,468,166.95 34,468,166.95 17,848,847.02 17,848,847.02-83,618,089.20-83,618,089.20 80,202,334.08 4,646,622.57 129,964,955.37 54,058,191.07 576,328,455.61 584,373,603.30 576,679,508.49 584,373,603.39 1,170,236,319.35 1,045,678,331.87 694,781,407.96 704,463,177.65 : 11 42

2004 02 2004 1-6 2004 1-6 2003 1-6 2004 1-6 2003 1-6 851,607,212.33 622,501,814.44 148,829,254.37 95,386,575.85 : 586,506,975.32 423,153,765.26 57,701,611.50 45,093,119.29 4,516,469.77 3,265,263.37 1,807,127.46 878,371.52 ( "-" ) 260,583,767.24 196,082,785.81 89,320,515.41 49,415,085.04 : ( "-" ) 1,292,945.31 537,385.94 164,741.83 27,754.30 : 124,788,645.02 69,019,185.45 617,480.95 387,756.04 48,865,098.46 50,595,781.32 23,202,544.50 27,552,497.94 733,828.30 1,240,585.19-164,519.02-70,526.98 ( "-" ) 87,489,140.77 75,764,619.79 65,829,750.81 21,573,112.34 : ( "-" ) 5,200,011.47 34,260.14 29,062,198.87 54,365,466.35 - - - - 273,322.91 182,083.71 20,523.35 - : 112,188.81 965,863.93 9,330,933.83 12,499,326.89 ( "-" ) 92,850,286.34 75,015,099.71 85,581,539.20 63,439,251.80 14,798,323.91 11,525,364.60 9,674,774.90 3,207,015.53 2,496,250.92 2,969,705.78 - - ( "-" ) 75,555,711.51 60,520,029.33 75,906,764.30 60,232,236.27 4,646,622.57 7,927,396.78 54,058,191.07 41,602,029.17 - - - - 80,202,334.08 68,447,426.11 129,964,955.37 101,834,265.44 - - - - - - - - - - - - - - - - - - - - - - - - 80,202,334.08 68,447,426.11 129,964,955.37 101,834,265.44 - - - - - - - - - - - - - - - - 80,202,334.08 68,447,426.11 129,964,955.37 101,834,265.44 : 12 42

2004 1-6 2004 03. 839,145,959.76 83,576,449.22 - - 51,984,514.99 25,099,317.89 891,130,474.75 108,675,767.11 600,593,136.59 1,720,938.65 48,056,980.57 16,290,385.92 52,524,565.20 21,815,817.13 170,418,704.57 59,923,157.66 871,593,386.93 99,750,299.36 19,537,087.82 8,925,467.75. : 24,510.00 24,510.00 5,240,212.80 51,420,091.46 638,700.00 - - - 5,903,422.80 51,444,601.46 8,147,752.22 749,567.81 1,026,845.33 1,026,845.33 232,676.51 232,676.51 9,407,274.06 2,009,089.65-3,503,851.26 49,435,511.81. - - 6,500,000.00 - - - 6,500,000.00-2,570,000.00-66,353,270.07 64,272,482.46 - - 68,923,270.07 64,272,482.46-62,423,270.07-64,272,482.46. - -. -46,390,033.51-5,911,502.90 : 13 42

2004 ( ) 2004 1-6 03 1. : 75,555,711.51 75,906,764.30 : 2,496,250.92-594,348.74 275,931.91 7,385,346.30 1,442,090.36 1,079,621.46 709,910.58 1,157,561.54 328,724.58-1,115,549.30-89,344.60 1,425,551.25-590.23-205,167.36-363.39 - - 733,828.30-164,519.02 ( ) -5,200,011.47-29,062,198.87 ( ) - - -52,387,911.07-5,650,400.11 ( ) -120,169,684.71-68,854,255.20 ( ) 108,187,191.71 34,083,717.44 - - 19,537,087.82 8,925,467.75 2. : - - - - - - 3. : 197,884,892.33 56,902,657.20 244,274,925.84 62,814,160.10 - - - - -46,390,033.51-5,911,502.90 : 14 42

2004 2004 1-6 01 1 1 5,959,099.39 1,172,514.96 0.00 243,086.19 243,086.19 6,888,528.16 2 5,155,149.82 1,172,514.96 0.00 0.00 0.00 6,327,664.78 3 803,949.57 0.00 0.00 243,086.19 243,086.19 560,863.38 4 609,955.11 25,020.00 0.00 0.00 0.00 634,975.11 5 609,955.11 25,020.00 0.00 0.00 0.00 634,975.11 6 0.00 0.00 0.00 0.00 0.00 0.00 7 4,514,372.75 0.00 0.00 0.00 0.00 4,514,372.75 8 2,227,673.20 0.00 0.00 0.00 0.00 2,227,673.20 9 77,029.07 0.00 0.00 0.00 0.00 77,029.07 10 337,388.82 0.00 0.00 0.00 0.00 337,388.82 11 337,388.82 0.00 0.00 0.00 0.00 337,388.82 12 0.00 0.00 0.00 0.00 0.00 0.00 13 2,431,648.61 0.00 0.00 46,535.99 46,535.99 2,385,112.62 14 558,726.46 0.00 0.00 0.00 0.00 558,726.46 15 1,034,619.57 0.00 0.00 46,535.99 46,535.99 988,083.58 16 9,333,880.80 0.00 0.00 0.00 0.00 9,333,880.80 17 0.00 0.00 0.00 0.00 0.00 0.00 18 0.00 0.00 0.00 0.00 0.00 0.00 19 57,268.29 0.00 0.00 0.00 0.00 57,268.29 20 0.00 0.00 0.00 0.00 0.00 0.00 21 23,243,613.77 1,197,534.96 0.00 289,622.18 289,622.18 24,151,526.55 : 15 42

2004 2004 1-6 2003 1-6 45.21% 37.40% 41.88% 39.69% 15.18% 14.45% 14.06% 15.34% 13.11% 11.54% 12.14% 12.40% 12.10% 11.69% 11.21% 12.40% 1.0787 1.0552 1.0787 1.0552 0.3622 0.4077 0.3622 0.4077 0.3128 0.3257 0.3128 0.3257 0.2886 0.3297 0.2886 0.3297 16 42

2004 2004 1-6 1 0.00 0.00 2 0.00 0.00 3 0.00 0.00 4 0.00 0.00 5 0.00 0.00 6 0.00 0.00 17 42

2004 2004 1-6 1 185,817,976.00 55,745,392.00 0.00 241,563,368.00 2 152,065,005.60 17,230.00 55,745,392.00 96,336,843.60 3 158,225,909.93 0.00 0.00 158,225,909.93 34,468,166.95 0.00 0.00 34,468,166.95 483,618,089.20 0.00 83,618,089.20 0.00 5 4,646,622.57 75,555,711.51 0.00 80,202,334.08 6 584,373,603.30 131,318,333.51 139,363,481.20 576,328,455.61 18 42

2004 ( ) ) 1971 6 1993 5 1993 12 15 A 1996 10 222 ( ) 2004 5 2003 10 3 18,581.8 24,156.3 1997 1997 1999 1999 2002 10 2003 2003 14 1200 122 2003 * 50 21 ISO9000 2000 8 2002 ) 1 2 1 1 12 31 3 4 5 3 6 19 42

2004 % 1 3 1 2 7 10 2 3 17 20 3 30 1 2 7 8 1 2 3 4 9 1 1 20 42

2004 2 20% 20% 20% 20% 20% 3 10 2003 3 17 [2003]10 4 2 3 10 1 2,000 % % 21 42

2004 39 2.48 3 5 10 9.70-19.4 3 16 6.06 3 45 2.16 3 2 11 1 2 1 3 2 3 12 1 1 2 3 4 5 A B 22 42

2004 23 42 6 2 1 2 3 4 10 3 1 2 3 4 13 1 2 3 14 15 1

2004 2 3 16 17 1 50% 2 3 ) [2003]12 ) ) 1 2001 083 2001 15% 33% 2002 238 2002 7 1 15% 24 42

2004 [2002]687 2004 1 1 2006 12 31 2002 161 2002 7 1 15% [2003]31 2002 7 1 15% 2002 11 15 2003 2005 24% 12% [2002]106 2002 15% 2 17% 5% 5% 7% 5% 3% 5% ) % 15,515,000.00 90.33 17,300,000.00 50.98 21,930,000.00 51.00 30,000,000.00 90.00 19,030,000.00 100.00 42,000,000.00 95.00 16,400,000.00 85.00 400 45.00 5,000,000.00 95.00 40,000,000.00 95.00 21,000,000.00 96.14 25 42

2004 ) 1 2003 12 31 2004 6 30 2004 1 1 6 30 2003 1 1 6 30 (1) 211,432.82 98,318.44 194,775,983.71 238,451,007.40 2,897,475.80 5,725,600.00 197,884,892.33 244,274,925.84 235,646.00 9.9497 2,344,607.01 (2) 1,845,989.11 634,975.11 858,835.11 609,955.11 1,845,989.11 634,975.11 858,835.11 609,955.11 1,845,989.11 634,975.11 858,835.11 609,955.11 1,211,014.00 (3) 92,719,083.13 41,528,619.88 (4) % % % % 131,170,192.62 88.83 2,853,224.48 3 92,766,457.57 88.33 2,782,993.73 3 7,369,862.96 4.99 444,516.73 7 4,662,010.60 4.44 318,989.99 7 1,362,574.35 0.92 264,264.99 17 1,708,870.37 1.63 290,507.96 17 7,753,481.19 5.26 2,765,658.58 30 5,875,527.13 5.60 1,762,658.14 30 147,656,111.12 100.00 6,327,664.78 105,012,865.67 100.00 5,155,149.82 5%( 5%) 32,306,932.05 21.88% 1,172,514.96 2004 1-6 2003 26 42

(5) % % % 2004 39,337,677.45 87.14 302,786.31 3 32,699,677.34 92.75 502,783.69 3 4,320,413.74 9.57 62,211.46 7 1,279,898.36 3.63 85,687.52 7 293,725.32 0.65 34,903.54 17 542,158.00 1.54 44,376.32 17 1,192,221.51 2.64 160,962.07 30 734,731.75 2.08 171,102.04 30 45,144,038.02 100.00 560,863.38 35,256,465.45 100.00 803,949.57 % 5% 5% 6,410,657.52 14.2% (6) % % 26,303,789.90 99.36 8,484,274.40 93.27 83,420.81 0.32 140,642.76 1.55 70,133.84 0.26 34,633.30 0.38 17,189.11 0.06 437,150.99 4.80 26,474,533.66 100.00 9,096,701.45 100.00 5% 5% 8,663,098.24 32.72% (7) 15,705,122.51 77,029.07 17,557,366.69 77,029.07 6,744,319.32 7,554,085.00 126,165,418.38 2,227,673.20 106,464,071.90 2,227,673.20 3,610,785.59 100,046.57 2,888,910.84 100,046.57 10,386,389.67 10,613,384.35 208,706.59 156,295.54 2,740,259.61 1,030,219.78 148,077,983.91 2,109,623.91 115,023,858.67 2,109,623.91 142,482.01 105,363.75 313,781,467.59 4,514,372.75 261,393,556.52 4,514,372.75 52,387,911.07 20% 27 42

2004 (8) 55,292.71 15,036.17 40,256.54 286,916.00 78,252.00 208,664.00 165,712.00 65,604.48 100,107.52 399,555.75 1,351,300.47 943,146.28 807,709.94 79,404.00 263,385.38 157,797.34 184,992.04 179,589.08 601,830.32 349,051.31 432,368.09 658,548.83 2,724,436.88 1,608,887.58 1,774,098.13 (9) 1 50,884,499. 0.00 0.00 50,884,499. 0.00 0.00 0.00 0.00 50,884,499. 0.00 0.00 50,884,499. 2 % 1992.12 1,000,000.00 15.15% 337,388.8 2 1989.10 500,000.00 0.052675 1985.12 50,000.00 0.18% 2000.06 10,000,000.00 2.5% 2001.11 20,000,000.00 1.44% 2003.01 9,990,000.00 16.50% 2003.03 2,674,800.88 47% 2003.03 7,500,000.00 25% -492,912.31 51,221,888.57 337,388.8 3-850,193.22 10-492,912.31 0.00 0.00-357 280.91-492,912.31 8.97% 28 42

2004 (10) 165,187,165.99 293,900.00 0.00 165,481,065.99 19,053,518.67 700,000.00 443,857.50 19,309,661.17 157,139,428.31 5,763,793.06 1,162,333.35 161,740,888.02 5,789,776.48 593,801.41 951,158.00 5,432,419.89 2,676,909.47 0.00 0.00 2,676,909.47 5,389,724.50 2,095,070.00 2,115,510.00 5,369,284.50 193,537.20 0.00 0.00 193,537.20 355,430,060.62 9,446,564.47 4,672,858.85 360,203,766.24 38,080,117.72 1,950,626.92 0.00 40,030,744.64 3,295,550.26 247,399.86 213,051.52 3,329,898.60 76,048,361.14 6,490,646.37 919,569.04 81,619,438.47 2,170,287.60 985,695.23 401,393.30 2,754,589.53 448,017.49 80,016.80 0.00 528,034.29 2,010,269.98 299,168.72 87,551.97 2,221,886.73 0.00 0.00 0.00 0.00 122,052,604.19 10,053,553.90 1,621,565.83 130,484,592.26 233,377,456.43 0.00 0.00 229,719,173.98 402,479.50 0.00 0.00 402,479.50 156,246.96 0.00 0.00 156,246.96 967,335.83 0.00 46,535.99 920,799.84 67,283.74 0.00 0.00 67,283.74 0.00 0.00 0.00 0.00 838,302.58 0.00 0.00 838,302.58 0.00 0.00 0.00 0.00 2,431,648.61 0.00 46,535.99 2,385,112.62 230,945,807.82 0.00 0.00 227,334,061.36 2,676,909.47 384,483.28 2,292,426.19 0.00 2,292,426.19 (11) GMP 8,741,842.59 826,912.42 906,011.00 0.00 8,662,744.01 3,098,885.71 87,604.00 0.00 0.00 3,186,489.71 1,539,532.52 1,062,956.69 304,657.10 5,580.00 2,292,252.11 1,339,700.00 0.00 0.00 0.00 1,339,700.00 496,850.52 0.00 0.00 0.00 496,850.52 366,676.80 589,906.80 479,120.00 0.00 477,463.60 15,583,488.14 2,567,379.91 1,689,788.10 5,580.00 16,455,499.95 57,268.29 0.00 0.00 57,268.29 29 42

2004 (12) 25,365,000.00 20,065,638.32 0.00 391,872.78 5,691,234.46 19,673,765.54 162 12,446,805.24 12,029,166.42 0.00 133,657.38 551,296.20 11,895,509.04 540 13,013,747.95 9,541,162.35 0.00 162,671.88 3,635,257.48 9,378,490.47 346 9,546,590.87 8,882,562.05 0.00 94,861.26 758,890.08 8,787,700.79 554 2,984,848.50 2,771,373.67 0.00 21,360.00 234,834.83 2,750,013.67 774 1,875,056.56 1,187,535.88 0.00 62,501.88 750,022.56 1,125,034.00 114 1,210,093.50 1,028,579.52 0.00 60,504.66 242,018.64 968,074.86 96 993,250.00 776,731.66 0.00 15,342.14 231,860.48 761,389.52 18 95,200.00 95,200.00 0.00 95,200.00 49,100.00 45,008.00 0.00 2,046.00 6,138.00 42,962.00 114 CI 30,000.00 23,500.00 0.00 3,250.00 9,750.00 20,250.00 18 10,240.00 9,216.00 0.00 512.00 1,536.00 8,704.00 102 4,350.00 4,350.00 0.00 4,350.00 67,624,282.62 56,460,023.87 0.00 948,579.98 12,112,838.73 55,511,443.89 9,256,480.80 9,256,480.80 77,400.00 77,400.00 9,333,880.80 9,333,880.80 47,126,143.07 46,177,563.09 30 42

2004 (13) 5,397,268.23 3,115,556.32 1,157,349.87 806,182.87 1,930,544.91 3,466,723.32 239,473.68 174,210.62 0.00 6,315.78 71,578.84 167,894.84 160 109,626.12 71,972.37 0.00 35,986.17 73,639.92 35,986.20 5 954,726.00 437,582.70 0.00 238,681.47 755,824.77 198,901.23 5 307,000.00 153,500.00 0.00 76,750.00 230,250.00 76,750.00 6 318,382.57 17,765.92 61,906.88 17,765.92 256,475.69 61,906.88 6 7,326,476.60 3,970,587.93 1,219,256.75 1,181,682.21 3,318,314.13 4,008,162.47 (14) 10,000,000.00 10,000,000.00 (15) 1,280,000.00 1,350,000.00 16,500,000.00 14,000,000.00 3,500,0 2,000,0 21,280,0 17,350,0 3,861,699.75 10,000,000.00 6,500,000.00 (16) 86,633,373.40 76,444,622.20 (17) 211,144,400.83 159,237,193.97 5%( 5%) 5 8,842,510.99 7,941,156.08 7,519,088.54 ( ) 3,882,785.16 37,84,607.06 31,970,147.83 31 42

2004 (18) 13,229,041.07 21,200,883.26 5% 5% (19) 12,656,521.35 7,022,834.25 843,994.42 20,523,350.02 (20) 6,676,372.41 4,563,987.50 17% 13% 17,689.11 39,615.76 5% 0.00 800.00 5% 13,250,124.89 4,837,052.52 33% 15% 1,275,091.82 646,373.06 12% 1.2% 3,168,067.70 1,276,063.51 7% 5% 0.00 0.00 613,711.03 321,202.50 0.00 0.00 0.00-3,000.00 690,627.20 4,421.36 129,107.06 9,426.56 25,820,791.22 11,695,942.77 (21) 1,338,740.76 551,014.79 3% 0.00 983.94 0.5% 18,974.58 6,596.30 1,357,715.34 558,595.03 (22) 88,790,918.41 53,731,505.03 5% 5% (23) 128,589.35 67,267.10 728,075.58 517,898.02 2,464,595.00 1,398,509.98 305,078.25 217,111.83 3,626,338.18 2,200,786.93 32 42

2004 (24) 100,000.00 98.11-400,000.00 91.12-99.05 2.10% 500,000.00 93.10-99.05 2.10% 8,000,000.00 03.12.17-06.06.16 5.76% 1,000,000.00 98.10.23-01.10.23 4.68% -844.77 9,999,155.23 900,000.00 100,000.00 (25) 11,869,834.39 11,925,786.50 328,388.20 328,388.20 300,000.00 300,000.00 980,000.00 980,000.00 7,628,665.47 7,628,665.47 21,106,888.06 21,162,840.17 (26) + - 1 122,893,650 36,868,095 36,868,095 159,761,745 122,893,650 36,868,095 36,868,095 159,761,745 2 4,173,840 1,252,152 1,252,152 5,425,992 3 4 127,067,490 38,120,247 38,120,247 165,187,737 1 58,750,486 17,625,145 17,625,145 76,375,631 2 3 4 58,750,486 17,625,145 17,625,145 76,375,631 185,817,976 55,745,392 55,745,392 241,563,368 55,745,392 2003,, 10 3 33 42

2004 (27) 131,810,262.63 0.00 55,745,392.00 76,064,870.63 11,687,545.16 0.00 0.00 11,687,545.16 7,667,197.81 0.00 0.00 7,667,197.81 900,000.00 17,230.00 0.00 917,230.00 152,065,005.60 17,230.00 55,745,392.00 96,336,843.60 : 17,230.00, 55,745,392.00 2003 10 3 (28) 81,092,672.73 0.00 0.00 81,092,672.73 34,468,166.95 0.00 0.00 34,468,166.95 42,665,070.25 0.00 0.00 42,665,070.25 158,225,909.93 0.00 0.00 158,225,909.93 (29) 4,646,622.57 75,555,711.51 0.00 0.00 0.00 0.00 0.00 80,202,334.08 (30) 841,681,527.27 613,974,075.97 7,384,031.46 6,080,453.35 963,817.00 666,941.50 1,577,836.60 1,780,343.62 851,607,212.33 622,501,814.44 93,806,017.00 11.02% 94,288,552.80 15.15% 34 42

2004 (31) 580,241,917.46 417,928,046.06 4,919,665.86 3,652,957.15 140.00 56,237.67 1,345,252.00 1,516,524.38 586,506,975.32 423,153,765.26 (32) 51,018.80 5% 47,908.96 5% 3,108,675.02 5% 7% 2,243,861.84 5% 7% 1,343,352.80 3% 973,492.57 3% 10,266.92 5% 0.00 5% 3,156.23 0.5% 0.00 0.5% 4,516,469.77 3,265,263.37 (33) 124,788,645.02 69,019,185.45 55,769,459.57 81% 7,378,949.98 3,730,150.34 48,793,078.46 11,574,073.87 (34) 1,840,624.89 2,359,946.14 1,071,157.09 1,131,743.86 23,390.83 6.76 0.00 0.00-59,030.33 12,376.15 733,828.30 1,240,585.19 (35) -17,235.53 0.00 34,260.14 0.00 0.00 285,000.00 0.00 0.00 0.00 0.00 0.00 0.00 4,932,247.00 0.00 0.00 0.00 4,915,011.47 285,000.00 34,260.14 0.00 2003 4 16 9,000 2003 12 25 4,932,247.00 2004 2 16 35 42

2004 2 (1) % % % % 35,242,874.65 100.00 89,965.39 3 31,733,013.53 100.00 89,965.39 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 35,242,874.65 100.00 89,965.39 31,733,013.53 100.00 89,965.39 5% 5% 33,612,023.86 95.37% (2) % % % % 33,844,105.24 98.71 198,703.68 3 26,916,571.09 97.73 198,703.68 3 411,216.00 1.20 41,484.42 7 592,634.51 2.15 41,484.42 7 20,000.00 0.06 510.00 17 3,000.00 0.01 510.00 17 10,000.00 0.03 9,000.00 30 30,000.00 0.11 9,000.00 30 34,285,321.24 100.00 249,698.10 27,542,205.60 100.00 249,698.10 5% 5% 25,864,338.90 75.44% (3) 409,563,592.63 28,794,434.40 105,662,125.66 332,695,901.37 409,563,592.63 28,794,434.40 105,662,125.66 332,695,901.37 366,179,092.88 28,794,434.40 105,662,125.66 289,311,401.62-492,912.31 0.00 0.00-492,912.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 43,877,412.06 0.00 0.00 43,877,412.06 409,563,592.63 28,794,434.40 105,662,125.66 332,695,901.37 36 42

2004 1 36,863,132.79-12,456,510.83-620,160.71-49,939,804.33-13,076,671.54 100.00 39,900,000.00 108,587,752.08 10,033,302.96 54,550,000.00 24,171,055.04 64,071,055.04 95.00 13,940,000.00 13,817,097.76-261,080.55-383,982.79 13,556,017.21 85.00 8,820,000.00 16,502,492.54 851,887.61 8,534,380.15 17,354,380.15 50.98 12,434,062.96 20,648,425.03 998,901.43 9,213,263.50 21,647,326.46 51.00 14,015,000.00 33,192,616.39 3,847,690.50 23,025,306.89 37,040,306.89 90.33 27,000,000.00 110,905,552.34 15,792,960.67 50,000,000.00 49,698,513.01 76,698,513.01 90.00 20,188,507.64 22,380,520.83-471,024.55 1,720,988.64 21,909,496.28 96.14 38,000,000.00 30,487,557.40-1,818,601.70-9,331,044.30 28,668,955.70 95.00 4,500,000.00 513,199.71-146,393.88-4,133,194.17 366,805.83 90.00 14,941,951.11 21,600,389.63 586,952.62 1,112,125.66 6,133,265.48 21,075,216.59 45.00 230,602,654.50 366,179,092.88 28,794,434.40 105,662,125.66 58,708,747.12 289,311,401.62 2001 39,900,000.00 2 % 1992.12 1,000,000.00 15.15% 337,388.82 1989.10 500,000.00 0.052675 1985.12 50,000.00 0.18% 2000.06 10,000,000.00 2.5% 2001.11 20,000,000.00 1.44% 2003.01 9,990,000.00 16.50% 2003.03 2,674,800.88 47% 44,214,800.88 337,388.82 37 42

2004 3-850,193.22 10-492,912.3 0.00 0.00-492,912.31 1 (4) 148,829,254.37 95,386,575.85 (5) 57,701,611.50 45,093,119.29 (6) -17,235.53 0.00 34,260.14 0.00 0.00 29,079,434.40 0.00 54,460,833.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00-17,235.53 29,079,434.40 34,260.14 54,460,833.84 (7) 9,303,144.35 12,166,059.89 0.00 0.00 19,371.76 12,649.00 8,417.72 3,000.00 0.00 317,618.00 9,330,933.83 12,499,326.89 ) 38 42

2004 ) 1 1 2 660,000,000.00 660,000,000.00 15,515,000.00 15,515,000.00 17,300,000.00 17,300,000.00 21,930,000.00 21,930,000.00 30,000,000.00 30,000,000.00 4,000,000.00 4,000,000.00 19,030,000.00 19,030,000.00 42,000,000.00 42,000,000.00 16,400,000.00 16,400,000.00 5,000,000.00 5,000,000.00 40,000,000.00 40,000,000.00 21,000,000.00 21,000,000.00 39 42

2004 3 % % % % 94,768,047.00 51.00 28,430,414.00 123,198,461.00 51.00 14,015,000.00 90.33 14,015,000.00 90.33 8,820,000.00 50.98 8,820,000.00 50.98 12,434,062.96 51.00 12,434,062.96 51.00 27,000,000.00 90.00 27,000,000.00 90.00 14,941,951.11 45.00 14,941,951.11 45.00 4,500,000.00 90.00 4,500,000.00 90.00 39,900,000.00 95.00 39,900,000.00 95.00 13,940,000.00 85.00 13,940,000.00 85.00 8,000,000.00 80.00 8,000,000.00 80.00 38,000,000.00 95.00 38,000,000.00 95.00 20,188,507.64 96.14 20,188,507.64 96.14 2 1 2 40 42

2004 3 ` 17,435.91 0.00 310,054.47 0.05 74,432.82 0.01 401,923.20 4 6,915,704.47 4,614,302.08 11,538.47 0.00 59,744.52 0.00 36,604.94 35,210.02 5 2003 4,614,302.08 2,330,752.33 2004 2,301,402.39 866,000.60 2003 1 1 2004 6 30 6,915,704.47 2004 7 2 4,769,000.00 2,146,704.47 ) 2004 6 30 10,000,000.00 6,500,000.00 10,000,000.00 2003.08.27 2004.08.26 3,000.000.00 2003.09.22 2004.09.22 1,000,000.00 2003.08.08 2004.08.08 1,000,000.00 2004.05.19 2004.11.18 1,500,000.00 2004.01.15 2005.01.14 ) 2004 6 30 41 42

2004 ) ) 2004 6 30 ) 2004 6 30 ) 37,841.93 4,915,011.47 194,127.02 70,834.85 761,421.84 5,837,567.41 42 42

2004 43 42