1 2 4 7 9 10 11 22 24 29 72

( ) COMPANY FUJIAN MINDONG ELECTRIC POWER LIMITED ( ) 111 111 352100 mddl88@public.ndptt.fj.cn ( ) ( ) 88 (0591) 7613068 (0591) 7613033 (0591) 7615993 yjianhua@public.ndptt.fj.cn ( ) 2001 http://www.cninfo.com.cn 2001 ( ) 000993 ( ) 2000 7 20 71 1

2001 11 28 111 3500001002001 352200705100343 57 17-18 ( ) ( ) 2002 29,875,059.28 22,560,996.58 9,142,801.98 117,553,405.15 5,081,936.72 24,321,686.12 9,352,311.56 - -3,798,938.40 68,927,317.38-116,860,613.78 1-3,798,938.40 2

2 18% 10,663,800.00 3 6,553,333.00 4 13,418,194.60 ( ) 2001 2002 2000 ( ) 23,026.94 22,206.09 22,206.09 17,999.77 ( ) 2,256.10 2,880.04 3,035.81 3,178.82 ( ) 242,334.19 217,589.51 228,480.57 214,289.11 ( )( ) 145,017.71 144,340.56 144,461.68 143,135.57 ( / ) 0.08 0.10 0.10 0.11 ( )( / ) 0.08 0.10 0.10 0.13 ( )( / ) 0.03-0.02-0.02 0.12 ( / ) 0.03-0.02-0.02 0.10 ( / ) 4.83 4.81 4.82 4.77 ( / ) 4.67 4.74 4.74 4.68 ( / ) 0.23 0.04 0.04-0.08 ( )(%) 1.56 2.00 2.10 2.22 ( )(%) 1.55 1.99 2.10 4.00 ( )(%) 0.63-0.49-0.38 3.81 (%) 0.63-0.49-0.38 2.11 (1) ( 9 ) ( ) (%) ( ) 117,553,405.15 8.11 8.07 0.39 0.39 24,321,686.12 1.68 1.67 0.08 0.08 22,560,996.58 1.56 1.55 0.08 0.08 9,142,801.98 0.63 0.63 0.03 0.03 3

( ) 30,000 112,255.10 1,113.96 948.64 143.98 144,461.68 99.93 225.61 225.61 2,256.10 2,807.25 2,251.22 2,251.22 30,000 112,355.03 1,339.57 1,174.25 148.86 145,017.71 ( ) 1 ( ) 4 (+ ) 1200000000 200000000 199154000 199154000 846000 846000 2 3 4 200000000 200000000 1 100000000 100000000 2 3 4 100000000 100000000 300000000 300000000

2 (A ) 10,000 2000 7 4 2000 7 17 10,000 11.50 / 5,000 2000 7 31 5,000 2000 10 31 10,000 ( ) 1 2002 12 31 54291 2 ( ) (%) ( ) 198470000 66.15 2096400 0.70 1965000 0.66 786200 0.26 456000 0.15 390000 0.13 370000 0.12 367700 0.12 358000 0.12 326000 0.11 5

3 (1) (2) (3) 1997 6 (4) 3.04088 (5) (6) 100% 4 6

( ) 1 7 47 2001.12 2004.12 0 0 53 2001.12 2004.12 0 0 56 2001.12 2004.12 0 0 39 2001.12 2004.12 0 0 47 2001.12 2004.12 0 0 47 2001.12 2004.12 0 0 46 2001.12 2004.12 0 0 40 2001.12 2004.12 0 0 51 2001.12 2004.12 0 0 40 2001.12 2004.12 0 0 46 2001.12 2004.12 0 0 39 2001.12 2004.12 0 0 35 2001.12 2004.12 0 0 59 2002.6 2004.12 0 0 34 2002.6 2004.12 0 0 55 2001.12 2004.12 0 0 33 2001.12 2004.12 0 0 49 2001.12 2004.12 0 0 50 2001.12 2004.12 0 0 43 2001.12 2004.12 0 0 40 2001.12 2004.12 0 0 40 2001.12 2002.10 0 0 38 2002.12 2004.12 0 0

1999 2 90.67 18.72 21.29 3 19 6 10 5 4 6 10 2 4 4 3 ( ) 2002 12 31 2,148 1,298 502 348 1 1 35 255 236 832 788 143 8

( ) 2002 1 7 2002 5 2002 6 25 2001 ( ) 9

( ) 2001 ( )2001 2002 5 25 2001 2002 6 25 2001 1 2001 2 2001 3 2001 4 2001 5 2001 6 7 8 9 10 11 10

12 13 14 15 16 2002 6 26 ( ) 2002 81,683 3.57 % 79,669 2.66% 20,901.49 1.31% 2,199.68 22.74% 0.125-11,686.06 135.29% 538.84% 2001 33% 18% 2003 ( ) 1 209,014,940.13 29,730,097.26 21,666,798.90-1.31% -19.80% -23.90% 11

2002 12 31 2001 12 31 230,269,414.51 222,060,877.45 209,014,940.13 211,785,438.53 11,483,477.72 10,275,438.92 9,770,996.66 110,947,806.73 109,385,365.21 98,043,329.70 102,115,275.55 8,072,358.12 7,270,089.66 4,832,118.91 2002 12 31 2001 12 31 230,269,414.51 222,060,877.45 230,269,414.51 222,060,877.45 110,947,806.73 109,385,365.21 110,947,806.73 109,385,365.21 2 (1) 2,400 8,577.13 2,898.67 95% 1,148.35 81.71 (2) 10,000 26,286.64 7,092.82 75% 3,432.03-56.42 (3) 5,000 16,348.32 4,151.24 45% 12

100-620.68 (4) 6,000 31,894.16 8,365 40% 5,210.90 2,364 (5) 25,000 156,202.26 26,207.33 32% 59,367.94 388.80 (6) 7,500 22,935.01 8,988.30 17.33% 11,411.29 1,317.24 (7) 1,000 3,106.16 2,592.91 90% 586.06-129.88 (8) 3,200 3,366.41 3,193.41 93.75% -6.59 (9) 1,500 1,355.54 1,355.62 65% -144.38 (10) 1,000 2,578.87 920.60 70% -79.40 (11) 300 5,555.05 300 66.67% 13

3 17,429.49 75.69% 4 (1) (2) (3) (1) 9 kw 3 kwh 6 30% 2002 11 (2) ( (3) 14

) ( ) ( ) 1 ( ) 111,179.00 ( ) 2,331.85 ( ) 54,878.82 ( ) ( ) ( ) 140,433.80 0 / 2 3,650.00 3,650.00 270.86 3 9,360.00 9,360.00-56.42 75% 4 5,942.13 0 / 5, 12,256.10 2,331.85 0 80% 635,000.00 35,000.00 0 7 4,536.97 4,536.97 153.20 111,179.00 54,878.82 (1 2003 7 1 2 8,000 3 734.52 1 5,000 80% 20% 12,256.1 2002 6 25 2002 6 26 2 2001 12 29 2002 1 4 15

16 47,256.10 3,900 3,900 390 / 6,055 6,055 460 /,, 1,050 80% 1,050 1,033.74 62.02 1,251.10 1,251.10 448.11 15.13 8000 8,000 8,000 124.42 27,000 27,000 27,000 911.74 ( ) 3 1,400.00 2002 12 3-0.60 1,290.00 2002 12 0 1,995.45 177.00 2,438.00-34.73 1,200.00 2002 7 90.00 500.00 2002 4 0 8,823.45 ( ) 2002 2001 (%) 242,334.19 228,480.57 6.06 10,336.43 25,138.73-58.88 145,017.71 144,461.68 0.38 11,755.34 11,122.11 5.69 2,256.10 3,035.81-25.68-11,686.06 33,114.80 135.29%

1 2002 12 31 242,334.19 228,480.57 6.06% 2 2002 12 31 10,336.43 25,138.73 58.88% 3 2002 12 31 145,017.71 144,461.68 4 11,755.34 11,122.11 5.69% 5 935.23 2,727.85 65.72% 6 2,256.10 3,035.81 25.68% 7-11,686.06 33,114.80 135.29% ( ) 1 9 2002 3 28 2001 17

2002 4 7 2001 2001 2001 ( ) ( ) ( ) 2002 4 10 2002 4 25 1050 3600 2438 18

816 3600 7 # 3600 ( ) 60% 1619.69 115 1290 2002 4 27 2002 5 23 2001 2002 5 25 2002 6 25 19

75% 2002 6 27 2002 7 17 47,000 2002 7 18 2002 8 11 20

2002 8 13 2002 10 27 1400 2660 2000 46,900 2002 10 29 2002 12 18 2002 12 19 2001 21

( ) 22,560,996.58 10% 2,256,099.66 10% 2,256,099.66 2001 1,439,772.29 19,488,569.55 2002 10 0.60 ( ) 18,000,000.00 1,488,569.55 2003 30% ( ) ( ) 5 1 2002 4 7 2001 2001 2001 22

( ) 2002 4 10 2 2002 4 25 2002 4 27 3 2002 5 23 2002 5 25 4 2002 8 11 2002 8 13 5 2002 10 27 2002 10 29 ( ) 1 23

2 3 4 5 ( ) 1 ( ) 2002 10 10 2002 12 19 2001 5000 3078.75 1900 4978.75 21.25 66.24 2 ( ) ( ) 2001 8 2002 7 10 (2002) 0198 1997 2001 6 30 58,418,304.99 5,841,830.59 24

529,300.70 64, 789,436.28 2003 1 2 2003 3 10 2000 2002 7 10 (2002) 0198 44,789,436.28 2003 3 25 [2003] 001 2003 1 2000 2002 12 31 2001 6 30 59,771,810.24 2000 39,771,810.24 ( ) ( ) 6,918.72 6,000,000.00 ( ) 1 ( ) 75% ( ) 25% 2002 5 2002 1 1 2006 12 31 500 25

500 2002 6 12 [2002]017 2003 2 27 500 100% 2002 100 2 ( ) 1999.10.20 300,000.00 4 1999.10.20 2,000,000.00 4 1999.10.20 1,200,000.00 4 1999.10.20 3,800,000.00 4 1999.10.20 2,000,000.00 4 1999.10.20 2,000,000.00 4 1999.10.20 2,000,000.00 4 1999.10.20 710,000.00 4 1999.10.20 3,500,000.00 4 2001.12.24 4,000,000.00 3 2002.6.28 5,000,000.00 1 2002.2.7 4,000,000.00 1 2002.11.28 1,500,000.00 22 2002.12.10 3,000,000.00 22 2003.01.18 3,000,000.00 21 2003.01.28 1,500,000.00 21 2003.02.26 1,500,000.00 21 41,010,000.00 41,010,000.00 0.00 1997 4 900 1997 26

4 24 2003 4 3 235,260.55 1999 6 29 2004 8 29 3 2001 10 18 ( ) 2001 10 29 21 (10) 12900 12,932,271.90 30% 11% 2002 12 31 4 ( ) 5% ( ) 55 2000 3 ( ) ( ) 1 2003 1 13 2003 1 02 15 12800 12,931,840.00 27

2003 11 18 30% 11% 2 35,134,922.01 ( ) 28 1 110KV 12,000,000.00 1 2 9,535,028.42 2 3 588,460.88 3 4 351,307.22 4 5 5,932,903.71 5 6 1999 5,020,152.39 5 7 1,707,069.39 5 35,134,922.01 3 2000 1999 8 9 1999 11 2 2002 5 31 < > 938.8 496,300.59 9,884,300.59 2002 6 2000 170.94 2001 121.54 4 2002 6 25

12256.10 (1) 3900 (2) 6055 (3) 1050 5 2002 5 20 ( ) ( ) 2007 1 1 25% 2500 1700 800 2002 5 25% [2002]020 2003 2 27 1700 ( ) 29 2003 GF 0101 2002 12 31

2002 12 31 2003 3 21 ( ) ( ) [1998]30 5 1998 12 30 20,000 [2000]88 2000 6 28 10,000 11.50 2000 7 20 30,000 3500001002001 30

2000 7 31 000993 19847 [2001]031 2001 1 19847 2001 822 19847 1 2 1 1 12 31 3 4, 5, 31

6 [1995]11 < > 7, 8 1 1 1, 5% 1 2 10% 2 3 30% 3 4 50% 4 5 80% 5 100% % 2 a, b,,, 9 32

10 11 20% 20% 20% 20% 20% 20% 50% 10 12 1 33

2000 2, ( ) 25 5% 3.8% 50 5-10% 1.9-1.8% 20-40 5-10% 4.5% 2.27 20 5-10% 4.75-4.5% 5-10 5-10% 18%-9 13 14 15 16 1-34

2 17 1 2 3 4 18 1 2001 12 26 1 2001 12 30 1 2001 2002 1 2001 2001 1 2002 12 31 35

2 2001 32,119,096.08 2,800,080.37 373,779.37 1 2,426,301.00 2 2,800,080.37 1 2002 9,884,300.59 2000 170.94 ( ) 311.95 2000 212.47 2000 41.53 2001 373,779.37 2 2002 12 1 2000 1000 480.411 519.589 2003 3 2000 269.589 2001 2,426,301.00 3 968,931.10-1,089,027.33 1 708,541.13 2 36

104,190.37 3-3,119,500.59 4 4,606,960.30 5-242,232.78 6 968,931.10 1 1997 [2002] 72 2000 2001 874,472.26 2002 3 31 4,492,165.88 577,564.18-1,089,027.33 2 2001 2001 11-12 5,224,746.80 880,315.94 2001 2,573,078.03 708,541.13 3 2 1 415,310.41 2001 41,531.04 373,779.37 2000 2 2 2,695,890.00 2001 269,589.00 269,589.00 4 3,119,500.59 5 3,119,500.59 9,884,300.59 4,606,960.30 6 121,116.39 37

121,116.39 : 1 (%) 6 6 17 3 5 6 7% 4% 2 33% 33% 33% 33% 33% 33% 15% 15% 1 [2000]244 [2000]20 2000 1 1 2001 12 31 33% 18% 15% 2001 1066.38 38

2 1997 [2002] 72 2000 15% 3 70%, 1.2% 12% 1 ( ) 2,400 2,600 95% 10,000 9,968 75% 1,000 700 70% 300 200 66.67% 1,500 975 65% 3,200 3,000 93.75% 300 210 70% 1,000 2,584.6 90% 500, 490 98% 1 2001 10% 2 2 39

40 ( ) 2,500 1200 48% 120 57.6 48% 5,000 2,250 45% 1160 500 43% 6,000 2,400 40% 550 220 40% 1,875 675 36% 25,000 8,000 32% 1,300 390 30% 5,000 1,400 28% 3,000 1,290 43% 7,500 1,300 17.33% 8,000 720 9% 1 902,495.27 508,004.56 798,336,550.00 818,384,185.91 40,000.00 26,100,000.00 13,610.90 8.2773 112,661.50 13,610.90 8.2766 112,651.98 100,762,750.00 197,970,228.10

900,114,456.77 1,016,975,070.55 2 - - 12,932,271.90-3 1 % % 1 58,978,429.53 39.06 2,948,921.47 69,466,534.36 43.51 3,473,326.73 1 2 33,456,229.24 22.16 2,676,721.47 23,532,064.18 14.74 2,353,206.42 2 3 7,588,149.49 5.02 3,187,343.89 33,279,628.97 20.84 9,983,888.69 3 4 17,583,599.23 11.65 8,791,799.62 9,119,459.40 5.71 4,559,729.70 4 5 9,115,673.40 6.04 7,292,538.71 8,414,712.68 5.27 6,731,770.14 5 24,264,712.68 16.07 24,264,712.68 15,850,000.00 9.93 15,850,000.00 150,986,793.57 100.00 49,162,037.84 159,662,399.59 100.00 42,951,921.68 1-5,619,135.78 2,549,428.32 2-3 2-64,913,092.76 59,771,810.24 2001 6 30 1-2 6,209,323.30 2-3 4,894,031.17 3-4 15,288,069.69 4-5 9,115,673.40 5 24,264,712.68 59,771,810.24 41

39,771,810.24 2 2 5% 5% 3 3 48,668,455.77 2,295,529.54 50,963,985.31 4 145,311,826.75 96.24% 4 1 % % 42 1 71,814,945.00 74.56 3,270,043.41 58,933,488.57 46.47 1,645,577.73 1 2 14,237,602.84 14.78 1,423,760.29 38,879,468.09 30.65 1,060,761.89 2 3 6,500,855.50 6.75 1,950,256.67 10,275,699.91 8.10 1,305,996.38 3 4 2,048,181.00 2.13 1,024,090.50 12,932,333.53 10.20 315,720.06 4 5 7,304.00 0.01 5,843.20 4,584,493.87 3.61 2,800,979.87 5 1,708,985.20 1.77 1,708,985.20 1,228,398.59 0.97 100,140.00 96,317,873.54 100.00 9,382,979.27 126,833,882.56 100.00 7,229,175.93-19,662,417.00 1 662,417.00 1 2 5% 5% 3 19,662,417.00 1 13,000,000.00 11,535,028.42 6,949,572.19 5,000,000.00

4,600,000.00 4,200,000.00 3,860,000.00 3,346,630.00 2,109,900.00 1,798,350.47 1,000,000.00 1,000,000.00 78,061,898.08 (4) 56,147,017.61 58.29% 5 1 % % 1 76,743,461.40 65.52 1,916,044.95 100.00 1-2 17,551,124.65 14.98 - - 2-3 22,840,000.00 19.50 - - 117,134,586.05 100.00 1,916,044.95 100.00 115,218,541.10 2002 77,609,054.65 28,000,000.00 2 5% 5% 3 23,199,203.56 12,520,000.00 7,030,561.09 28,000,000.00 1 6,000,000.00 1,389,157.00 3,100,000.00 1,179,360.00 82,418,281.65 43

6 6,622,429.69 142,672.46 6,826,701.99 225,495.15 645,674.75 20,805.81 149,492.60-7,606,117.72 - - - 14,874,222.16 163,478.27 6,976,194.59 225,495.15 7 830,287.82 2,478,094.34 2,381,132.99 927,249.17 20,006.00 287,336.66 258,672.68 48,669.98 57,212.26 279,773.63 296,295.26 40,690.63 907,506.08 3,045,204.63 2,936,100.93 1,016,609.78 8 170,486,751.76-170,486,751.76 69,174,496.91 1,126,344.94 68,048,151.97 38,400,000.00-38,400,000.00 15,280,000.00-15,280,000.00 208,886,751.76-208,886,751.76 84,454,496.91 1,126,344.94 83,328,151.97 1 24,000,000.00 6,215,842.16 24,712,806.55 5,503,035.61-30,215,842.16 2,542,551.78-90,253.11 2,711,690.36-78,885.47-2,632,804.89 100,000.00-100,000.00-100,000.00 - - 22,500,000.00-3,819,430.32 22,500,000.00-3,819,430.32-18,680,569.68 44

80,000,000.00 1,425,461.30-81,425,461.30-81,425,461.30 6,750,000.00-380,628.82-6,369,371.18-6,369,371.18 576,000.00-207,274.87-368,725.13-368,725.13 3,900,000.00 - - 3,900,000.00-3,900,000.00 14,000,000.00-6,022.58-13,993,977.42-13,993,977.42 12,900,000.00 - - 12,900,000.00-12,900,000.00 2,000,000.00-2,000,000.00-2,000,000.00 - - 9,750,000.00-9,750,000.00-9,750,000.00 - - 7,000,000.00-7,000,000.00-7,000,000.00 - - 400,000.00-400,000.00-400,000.00 - - 186,418,551.78 3,137,693.76 69,174,496.91 101,312,254.85-170,486,751.76 1 2 2002 2 8 4 2,5000 8000 32% 3 2001 2 45

17.33% 13,000,000.00 13,000,000.00-13,000,000.00 10.00% 1,200,000.00 1,200,000.00-1,200,000.00 9.00% 1,080,000.00 1,080,000.00 6,120,000.00 46 7,200,000.00 48.00% 12,000,000.0-12,000,000.0 12,000,000.00 43.00% 5,000,000.00-5,000,000.00 5,000,000.00 32,280,000.00 15,280,000.00 23,120,000.00 38,400,000.00 1 2002 4 28 2500 1200 48% 1300 52% 216 90 2 448 19% 72% 9% 2002 2 28 500 948 500 43% 498 57% 3 2001 4 28 17.33% 1300

14% 182 3-342,551.78 10-308,296.60 - -34,255.18-274,041.42 2,417,234.28 10-2,417,234.28-181,292.58 2,235,941.70 500,274.17 10-500,274.17 33,351.60 466,922.57 2,574,956.67-308,296.60 2,917,508.45-182,196.16 2,428,822.85 4 100,000.00-100,000.00-1,026,344.94-1,026,344.94-1,126,344.94-1,126,344.94-1 2 22,500,000.00 45% 2001 2001 2001 9 : 5,000,000.00 5,000,000.00 14,954,500.00 19,954,500.00 3,229,586.20 3,229,586.20-3,229,586.20-8,229,586.20 8,229,586.20 11,724,913.80 19,954,500.00 47

1 2001 12 25 1995.45 75% 15% 2 2000 1 26 2002 12 26 414.20 912,413.80 10 82,965.57 10 74,308.29-8,657.28 65,651.01 38,716,520.18 10 34,844,868.16-3,871,652.03 30,973,216.13-22,199.17 10 - -22,199.17-2,272.35-19,926.82 1,340,906.41 10-1,340,906.41 111,742.20 1,229,164.21 40,118,192.99 34,919,176.45 1,318,707.24 3,989,779.16 32,248,104.53 2001 32,119,096.08 2,800,080.37 2 11 1 48

36,858,781.75 554,287.50-37,413,069.25 357,589,104.87 742,268.29 2,974,836.48 355,356,536.68 494,539,260.50 12,780,110.58 90,250.00 507,229,121.08 230,700,235.73 5,183,302.61 3,973,093.55 231,910,444.79 55,130,280.34 10,824,051.23 1,049,293.65 64,905,037.92 16,169,462.23 5,876,780.40 669,839.00 21,376,403.63 24,070.00 - - 24,070.00 11,213,828.70 21,134,832.45 223,804.50 32,124,856.65 1,202,225,024.12 57,095,633.06 8,981,117.18 1,250,339,540.00 15,046,103.88 1,169,119.49-16,215,223.37 64,173,259.70 8,077,234.02 458,974.77 71,791,518.95 153,906,398.84 14,664,449.70 72,001.66 168,498,846.88 82,368,750.76 10,619,095.19 2,870,563.29 90,117,282.66 26,989,631.28 2,768,265.70 352,240.66 29,405,656.32 5,890,137.25 3,705,439.11 649,535.25 8,946,041.11 - - - - 4,516,486.55 3,615,444.37 123,160.22 8,008,770.70 352,890,768.26 44,619,047.58 4,526,475.85 392,983,339.99 21,812,677.87 21,197,845.88 293,415,845.17 283,565,017.73 340,632,861.66 338,730,274.20 148,331,484.97 141,793,162.13 28,140,649.06 35,499,381.60 10,279,324.98 12,430,362.52 24,070.00 24,070.00 6,697,342.15 24,116,085.95 849,334,255.86 857,356,200.01 2 2 49

314,998.29 - - 314,998.29 943,601.68-383,926.32 559,675.36 878,000.04 392,625.00 141,750.00 1,128,875.04 160,825.30 - - 160,825.30 24,070.00 - - 24,070.00 178,792.84-15,503.75 163,289.09 2,500,288.15 392,625.00 541,180.07 2,351,733.08 12 (1) 1,780,000.00 473,041.00 2,145,614.98 2,618,655.98 - - 3,182,000.00 229,100.00 531,396.20 - - 760,496.20 25% 3# - - 1,967,413.00 1,967,413.00 - - - 18,598,000.00 2,138,840.00 - - 20,736,840.00 108,000,000.00 5,872,051.29 5,965,672.00 - - 11,837,723.29-192,158.50 2,551,720.12 234,726.70 71,000.00 2,438,151.92-25,364,350.79 15,300,656.30 4,820,795.68 71,000.00 35,773,211.41 (2) 227,883.66 7.839% (3) 13 1 9,392,825.57 9,225,755.63 - - 186,965.88 354,035.82 9,038,789.75 29,126,100.00-29,126,100.00-582,522.00 582,522.00 28,543,578.00 49 10,439,224.06-10,352,230.53-173,987.07 260,980.60 10,178,243.46 50 48 48 42,500.00 42,500.00 - - 22,100.00 22,100.00 20,400.00 1 49,000,649.63 9,268,255.63 39,478,330.53-965,574.95 1,219,638.42 47,781,011.21

2 14 549,838.00 343,648.72-274,919.04 481,108.32 68,729.68 3 458,851.09 306,851.09-152,200.00 304,200.00 154,651.09 12 240,420.00 145,968.58-48,084.00 142,535.42 97,884.58 24 100,000.00-100,000.00 33,333.33 33,333.33 66,666.67 24 294,266.00 293,533.08 48,922.18 49,655.10 244,610.90 50 99,800.00-99,800.00 18,296.66 18,296.66 81,503.34 49 87,389.59-87,389.59 17,477.88 17,477.88 69,911.71 48 328,968.00-328,968.00 100,518.00 100,518.00 228,450.00 25 130,000.00-130,000.00 43,333.36 43,333.36 86,666.64 16 670,787.42 269,000.00 401,787.42 257,124.14 257,124.14 413,663.28 2,960,320.10 1,065,468.39 1,441,478.09 994,208.59 1,447,582.21 1,512,737.89 15 20,000.00 90,000.00 4,000,000.00 105,450,000.00 677,768,000.00 207,028,000.00 681,788,000.00 312,568,000.00 1 40,000.00 2 400 16 1 (%) (%) 1 1,901,957.05 20.32 34,520,732.71 88.04 1 2 416,430.15 7.47 4,469,671.33 11.40 2 3 3,929,035.75 70.51 218,164.00 0.56 3 94,302.00 1.69 - - 6,341,724.95 100.00 39,208,568.04 100.00 2 5% 5% 51

17 1 % % 1 2,255,530.27 98.88 46,654.20 100.00 1-2 25,589.00 1.12 2,281,119.27 100.00 46,654.20 100.00 2 5% 5% 18 11,908,200.00 11,908,200.00 27,360.00 72,960.00 23,400.00 62,400.00 21,480.00 57,280.00 19,560.00 52,160.00 6,000,000.00 6,000,000.00 7,195,890.00 7,195,890.00 25,195,890.00 25,348,890.00 2001 18,153,000.00 7,195,890.00 2002 12 1 2000 1000 480.411 519.589 2001 800 600 200 2003 3 2800 7,195,890.00 19 7,131,201.19 17,833,519.33 17,405,726.27 7,558,994.25 74,137.12 833,139.67 832,602.67 74,674.12 52

2,691,298.13 18,666,883.47 13,502,919.45 7,855,262.15 196,949.54 640,808.49 717,884.57 119,873.46-6,694.00 2,510.25 4,183.75 13,344.00 45,406.42 12,082.14 46,668.28 8,475.24 1,795,778.29 1,783,123.18 21,130.35 10,115,405.22 39,822,229.67 34,256,848.53 15,680,786.36 20 159,368.58 134,072.61 31,208.48 142,459.54 13,673.34 15,296.19 271,971.72 269,088.42 554,412.84 161,788.47 1,030,634.96 722,705.23 21 1 38,737,336.46 5% 2 3,600,000.00 2,877,810.61 2,126,100.00 1,506,807.41 1,771,313.59 1,412,940.23 13,294,971.84 22 12,000,000.00 12,000,000.00-98,000.00-37,917.51 674,800.00 67,183.50 19,000.00 26,000.00 53

429,421.98 426,260.96 249,720.40-345,829.60-13,718,771.98 12,655,361.97 2002 3 25 [2002]13 600 / 23 5,150,000.00 1995.11.30-2003.12.20 6.21% 1 2,000,000.00 1995.11.30-2003.12.30 6.21% 1 5,000,000.00 1996.05.31-2003.12.20 6.21% 1 5,000,000.00 1996.06.12-2003.12.20 6.21% 1 9,000,000.00 1997.04.24-2003.04.03 7.23% 2 6,500,000.00 2000.12.29-2003.12.28 6.912% 6,000,000.00 2000.12.29-2003.08.27 6.912% 300,000.00 1995.06.30-2001.12.31 3.60% 1,000,000.00 1997-2000.12.31 10.8% 432,000.00 1,000,000.00 1994.07.30-1999.07.30 1,000,000.00 1995.10.23-2000.10.30 1,000,000.00 1994.10.30-2000.07.30 3,000,000.00 2000.12.29-2003.11.10 2.97% 46,382,000.00 1 2 24 7,000,000.00 54 2002.12.26-2004.11.10 2.43%

4,000,000.00 9,330,000.00 453,520.75 28,100,000.00 6,500,000.00 8,900,000.00 4,600,000.00 235,260.55 6,500,000.00 100,809.00 6,500,000.00 6,500,000.00 6,500,000.00 4,500,000.00-41,474.78 99,165,260.55 595,804.53 55 2001.12.24-2004.12.24 1994.06.23-2004.02.28 2001.12.30-2004.12.29 2002.06.30-2005.03.28 2002.03.29-2005.03.28 2002.12.20-2005.3.28 1999.06.29-2004.08 2000.12.29-2004.12.28 2000.12.29-2005.12.28 2000.12.29-2006.12.28 2000.12.29-2007.12.28 2000.12.29-2008.12.28 5.94% 6.21% 6.21% 6.59% 6.59% 6.588% 7.452% 6.912% 6.912% 6.912% 6.912% 6.912% 235,260.55 25 600,000.00 600,000.00 [2000]55 3,003,236.22-3,603,236.22 600,000.00

26 (1) (+,-). 1. 20,000 20,000 19,847 19,847 153 153 2. 3. 4. 20,000 20,000. 1. 10,000 10,000 2. 3. 4. 10,000 10,000 30,000 30,000 (2) ( ) % 19,847.00 66.157 45.60 0.152 39.00 0.130 35.80 0.119 32.60 0.108 20,000.00 66.666 27 1,121,296,299.06 - - 1,121,296,299.06 5,070.38 - - 5,070.38 56

1,249,602.39 999,287.50-2,248,889.89 1,122,550,971.83 999,287.50-1,123,550,259.33 999,287.50 28 9,486,411.17 2,256,099.66-11,742,510.83 9,486,411.17 2,256,099.66-11,742,510.83 1,653,219.81 - - 1,653,219.81 20,626,042.15 4,512,199.32 25,138,241.47 29 1,488,569.55 1,439,772.29 22,560,996.58 24,000,768.87 2,256,099.66 2,256,099.66 18,000,000.00 1,488,569.55 1: 2 968,931.10 3 30 1 209,014,940.13 211,785,438.53 11,483,477.72 10,275,438.92 9,770,996.66-230,269,414.51 222,060,877.45 2 57

209,014,940.13 211,785,438.53 11,483,477.72 10,275,438.92 9,770,996.66-230,269,414.51 222,060,877.45 3 230,269,414.51 222,060,877.45 230,269,414.51 222,060,877.45 4 174,294,899.14 75.69% 31 494,344.96-568,233.03 619,349.84 497,894.64 444,688.19 - -16,834.46 71,096.61 15,296.19 136,633.39 391,932.27 1,768,202.63 1,454,432.03 32 297.00 107,320.86 302.13 89,498.54-5.13 17,822.32 1,700,000.00 400,800.00 60,010.00 60,575.36 1,639,990.00 340,224.64 103,625.47 143,457.15 766.83 645.57 102,858.64 142,811.58 3,141,413.52 3,788,843.23 2,968,570.57 3,162,821.41 172,842.95 626,008.82 115,900.00 259,640.00 6,664.25 14,594.74 109,235.75 245,045.26-3,680,000.00-248,400.00-3,431,600.00 150,446.75 290,605.10 72,284.69 12,194.00 78,162.06 278,424.10 5,211,682.74 8,670,666.34 72,284.69 3,588,729.62 2,103,084.27 5,081,936.72 33 58

31,211,014.41 34,793,577.88 4,545,011.75 4,706,005.83 - - 9.52 477.10 25,765.71 34,800.31 26,691,758.85 30,121,895.26 34 5,123,333.00 29,368,339.31 4,490,000.00 906,550.00 259,254.86-2,996,367.72-520,276.30-9,352,311.56 27,278,521.59 4,500,000.00 623,333.00 35 12,217.23 2,263.70-1,048,887.46 240,924.99 267,089.50 355,771.89 22,620.23 608,914.11 1,340,860.89 36-905,383.00 1,595,764.50 1,141,055.52 1,074,978.00-392,625.00 250,000.00 9,588.14 175,380.27 1,072,956.02 79,236.37 32,481.80 182,704.48 544,478.00 4,407,852.51 3,048,778.59 59

37 102,646,397.15 60 13,000,000.00 6,000,000.00 5,000,000.00 4,600,000.00 4,200,000.00 69,846,397.15 102,646,397.15 38 1 % % 1 52,244,645.20 62.46 2,612,232.26 59,393,431.29 61.86 2,969,671.57 1 2 26,423,786.41 31.59 2,642,378.64 18,618,475.01 19.39 1,861,847.50 2 3 2,674,560.32 3.20 2,586,967.92 17,991,559.28 18.74 5,397,467.78 3 4 2,295,529.54 2.75 1,147,764.77 3,786.00-1,893.00 4 5 - - - - - - 5 - - - - - - 83,638,521.47 100.00 8,989,343.59 96,007,251.58 100.00 10,230,879.85-5,619,135.78 2,549,428.32 2-3 2 5% 5% 39 1 355,608,593.98-355,608,593.98 183,983,863.45 1,026,344.94 182,957,518.51

38,400,000.00-38,400,000.00 15,280,000.00-15,280,000.00 394,008,593.98-394,008,593.98 199,263,863.45 1,026,344.94 198,237,518.51 2 75% 99,684,506.16 88,464,166.68-4,435,849.71 84,028,316.97 95% 26,000,000.00 26,845,199.86 757,791.18 27,602,991.04 40% 24,000,000.00 24,712,806.55 5,503,035.61 30,215,842.16 45% 22,500,000.00 22,500,000.00-3,819,430.32 18,680,569.68 65% 9,750,000.00 9,750,000.00-938,450.46 8,811,549.54 70% 7,000,000.00 7,000,000.00-555,817.75 6,444,182.25 40% 2,542,551.78 2,711,690.36-78,885.47 2,632,804.89 66.67% 2,000,000.00 2,000,000.00-2,000,000.00 93.75% 30,000,000.00-29,938,182.26 29,938,182.26 32% 80,000,000.00-81,425,461.30 81,425,461.30 90% 25,846,000.00-24,565,345.29 24,565,345.29 36% 6,750,000.00-6,369,371.18 6,369,371.18 30% 3,900,000.00-3,900,000.00 3,900,000.00 70% 2,100,000.00-2,100,000.00 2,100,000.00 28% 14,000,000.00-13,993,977.42 13,993,977.42 43% 12,900,000.00-12,900,000.00 12,900,000.00 368,973,057.94 183,983,863.45 171,624,730.53 355,608,593.98 1 2002 1 3200 3000 93.75% 2 2001 7 26 500 1000 2001 12 24 61

2584.6 90% 2001 E-280 2001 12 10 27,717,742.90 1,000,000.00 28,717,742.90 90% 28,717,742.90 90% 2584.6 2002 1 11 2001 12 11 2002 2 20 2002 2 21 2002 2 21 3 17.33% 13,000,000.00 13,000,000.00-13,000,000.00 9.00% 7,200,000.00 1,080,000.00 6,120,000.00 7,200,000.00 10.00% 1,200,000.00 1,200,000.00-1,200,000.00 48.00% 5,000,000.00-5,000,000.00 5,000,000.00 43.00% 12,000,000.00-12,000,000.00 12,000,000.00 38,400,000.00 15,280,000.00 23,120,000.00 38,400,000.00 4 1,026,344.94-1,026,344.94-1,026,344.94-1,026,344.94-8 4 2 40 : 19,954,500.00 5,000,000.00 14,954,500.00 19,954,500.00 19,954,500.00 5,000,000.00 14,954,500.00 19,954,500.00 62

41 1 174,694,601.56 177,793,905.31 2 174,694,601.56 177,793,905.31 3 174,694,601.56 177,793,905.31 42 5,123,333.00 29,427,983.78-3,621,527.07 565,747.69 4,490,000.00-4,083,843.84-520,276.30-5,471,529.63 25,909,887.63 1 2 300 - - 300 3 63

19847 66.16 - - - - 19847 66.16 4 1 2002 12 31, 1,500,000.00 3,000,000.00 3,000,000.00 1,500,000.00 1,500,000.00 2002.11.28 2024.11.25 2002.12.10 2024.11.25 2003.01.18 2024.11.25 2003.01.28 2024.11.25 2003.02.26 2024.11.25 10,500,000.00 2 1999 1 10 22 6,918.72 49 29,400 600 2002 3 25 [2002]13 600 / 64

3 450-13,000,000.00 13,000,000.00-64,000,000.00 36,000,000.00 28,000,000.00 1 2002 12 31 300,000.00 1999.10.20-2003.5.9 2,000,000.00 1999.10.20-2003.5.9 1,200,000.00 1999.10.20-2003.5.9 3,800,000.00 1999.10.20-2003.5.9 2,000,000.00 1999.10.20-2003.5.9 2,000,000.00 1999.10.20-2003.5.9 710,000.00 1999.10.20-2003.5.9 2,000,000.00 1999.10.20-2003.5.9 3,500,000.00 1999.10.20-2003.5.9 17,510,000.00 4,000,000.00 2001.12.24-2004.12.24 5,000,000.00 2002.6.28-2003.6.27 4,000,000.00 2002.2.7 2003.2.7 30,510,000.00 65

2 1997 4 900 1997 4 24 2003 4 3 235,260.55 1999 6 29 2004 8 29 1 2003 1 18 7000 40% 2800 2800 2003 3 13 2800 2 2003 1 13 2003 1 02 15 12800 12,931,840.00 2003 11 18 30% 11% 1 2001 4 66

5000 287.75 2001 11 7 2002 1 21 2791 2002 6 28 22,539,917.00 2002 12 16 2003 3 6 1900 2003 3 13 1900 2002 12 31 19,662,417.00 662,417.00 2 2001 8 2002 7 10 (2002) 0198 1997 2001 6 30 58,418,304.99 5,841,830.59 529,300.70 64,789,436.28 2003 1 2 2003 3 10 2000 2002 7 10 (2002) 0198 44,789,436.28 2003 3 25 [2003] 001 2003 1 2000 2002 12 31 2001 6 30 67

59,771,810.24 2000 39,771,810.24 35,134,922.01 1 110KV 12,000,000.00 1 2 9,535,028.42 2 3 588,460.88 3 4 351,307.22 4 5 5,932,903.71 5 6 1999 5,020,152.39 5 7 1,707,069.39 5 35,134,922.01 1 2002 12 10 110KV 1200 110KV 2 2002 12 10 9,535,028.42 800 1,535,028.42 3 2002 12 10 588,460.88 4 2002 12 10 68

351,307.22 5 2001 2002 12 31 1239 2000 1999 8 9 1999 11 2 2002 5 31 < > 938.8 496,300.59 9,884,300.59 2002 6 2000 170.94 2001 121.54 75% 25% 2002 5 69

2002 1 1 2006 12 31 500 500 2002 6 12 [2002]017 2003 2 27 500 100% 2002 100 25% 2002 5 20 2007 1 1 25% 2500 1700 800 2002 5 25% [2002]020 2003 2 27 1700 ( ) 1 ( ) 2000 4 300 200 100 1993 1995 70

[1995]011 2.72 50 31323 28 2 2001 12 28 2900 2003 1 2 2003 3 27 3 ( ) 5000 ( ) 2003 4 8 10% 2,256,099.66 10% 2,256,099.66 2002 12 31 0.06 18,000,000.00 71

1 2 3 72

2002 12 31 1 900,114,456.77 1,016,975,070.55 835,198,946.41 1,004,680,660.51 2-12,932,271.90 - - - - - - 445,071.50-11,249,181.50 10,804,110.00 - - - - 3 101,824,755.73 116,710,477.91 74,649,177.88 85,776,371.73 4 86,934,894.27 119,604,706.63 179,853,265.30 127,685,192.54 5 117,134,586.05 1,916,044.95 38,675,131.40 1,776,044.95 - - - - 6 14,710,743.89 6,750,699.44 3,716,105.95 3,661,173.58 7 1,016,609.78 907,506.08 718,915.38 629,962.34 - - - - - - - - 1,222,181,117.99 1,275,796,777.46 1,144,060,723.82 1,235,013,515.65 8 208,886,751.76 83,328,151.97 394,008,593.98 198,237,518.51 8 2,428,822.85-308,296.60 30,224,970.82 34,610,879.85 - - - - 9 19,954,500.00 8,229,586.20 19,954,500.00 5,000,000.00 10 32,248,104.53 34,919,176.45 261,089,356.29 126,476,914.62 413,963,093.98 203,237,518.51 11 1,250,339,540.00 1,202,225,024.12 889,559,792.64 859,043,165.68 : 11 392,983,339.99 352,890,768.26 320,219,752.68 291,883,028.75 11 857,356,200.01 849,334,255.86 569,340,039.96 567,160,136.93 : 11 2,351,733.08 2,500,288.15 2,351,733.08 2,500,288.15 11 855,004,466.93 846,833,967.71 566,988,306.88 564,659,848.78 - - - - 12 35,773,211.41 25,364,350.79 21,662,493.27 19,300,141.00 - - - - 890,777,678.34 872,198,318.50 588,650,800.15 583,959,989.78 13 47,781,011.21 9,268,255.63 28,563,978.00 42,500.00 14 1,512,737.89 1,065,468.39 901,332.46 919,499.81 - - - - 49,293,749.10 10,333,724.02 29,465,310.46 961,999.81 -- - - 2,423,341,901.72 2,284,805,734.60 2,176,139,928.41 2,023,173,023.75 73

( ) 2002 12 31 15 681,788,000.00 312,568,000.00 628,450,000.00 294,550,000.00 - - - - 16 6,341,724.95 39,208,568.04 1,475,043.14 318,083.55 17 2,281,119.27 46,654.20 1,227,832.47-1,790,118.53 1,457,870.98 656,803.54 731,251.79 3,433,571.63 2,534,952.86 3,027,265.42 2,450,145.16 18 25,195,890.00 25,348,890.00 18,000,000.00 18,153,000.00 19 15,680,786.36 10,115,405.22 8,378,340.40 2,603,108.48 20 1,030,634.96 722,705.23 227,051.69 419,364.80 21 38,737,336.46 66,955,193.22 36,423,237.02 65,442,786.73 22 13,718,771.98 12,655,361.97 13,365,284.38 12,612,496.97 - - - - 23 46,382,000.00 97,906,000.00 7,732,000.00 56,176,000.00 - - - - 836,379,954.14 569,519,601.72 718,962,858.06 453,456,237.48 24 99,761,065.08 250,787,252.81 7,000,000.00 125,100,000.00 - - - - - - - - 25 3,603,236.22 600,000.00 - - - - - - 103,364,301.30 251,387,252.81 7,000,000.00 125,100,000.00 - - - - 939,744,255.44 820,906,854.53 725,962,858.06 578,556,237.48 33,420,575.9319,282,093.80 - - 26 300,000,000.00 300,000,000.00 300,000,000.00 300,000,000.00 27 1,123,550,259.33 1,122,550,971.83 1,123,550,259.33 1,122,550,971.83 28 25,138,241.47 20,626,042.15 25,138,241.47 20,626,042.15 : 28 11,742,510.83 9,486,411.17 11,742,510.83 9,486,411.17 29 1,488,569.55 1,439,772.29 1,488,569.55 1,439,772.29 1,450,177,070.35 1,444,616,786.27 1,450,177,070.35 1,444,616,786.27 2,423,341,901.722,284,805,734.60 2,176,139,928.41 2,023,173,023.75 74

2002 30 230,269,414.51 222,060,877.45 174,694,601.56 177,793,905.31 : 110,947,806.73 109,385,365.21 83,807,718.71 87,602,513.35 31 1,768,202.63 1,454,432.03 994,478.16 1,317,057.63 117,553,405.15 111,221,080.21 89,892,404.69 88,874,334.33 : 32 5,081,936.72 2,103,084.27 4,920,525.60 1,920,854.96 : 2,338,198.32 - - - 69,283,698.58 70,246,023.15 51,970,752.43 58,008,512.64 33 26,691,758.85 30,121,895.26 15,439,662.30 17,762,836.59 ( "-" ) 24,321,686.12 12,956,246.07 27,402,515.56 15,023,840.06 : ( "-" ) 34 9,352,311.56 27,278,521.59 5,471,529.63 25,909,887.63 - - - - 35 608,914.11 1,340,860.89 276,399.70 23,783.33 : 36 4,407,852.51 3,048,778.59 4,077,025.11 2,875,225.94 ( "-" ) 29,875,059.28 38,526,849.96 29,073,419.78 38,082,285.08 : 8,160,488.83 8,598,688.58 6,512,423.20 7,724,216.32-846,426.13-429,907.38 - - ( "-" ) 22,560,996.58 30,358,068.76 22,560,996.58 30,358,068.76 : 1,439,772.29-4,846,682.71 1,439,772.29-4,846,682.71 - - - - 24,000,768.87 25,511,386.05 24,000,768.87 25,511,386.05 : 2,256,099.66 3,035,806.88 2,256,099.66 3,035,806.88 2,256,099.66 3,035,806.88 2,256,099.66 3,035,806.88 19,488,569.55 19,439,772.29 19,488,569.55 19,439,772.29 : - - - - - - - - 18,000,000.00 18,000,000.00 18,000,000.00 18,000,000.00 - - - - 1,488,569.55 1,439,772.29 1,488,569.55 1,439,772.29 75

1 2 3 4 5 6 76

2002 230,563,361.47 170,535,109.26 10,663,800.00 10,663,800.00 62,812,587.99 18,274,097.24 304,039,749.46 199,473,006.50 37,204,442.98 22,304,181.54 59,166,398.59 49,522,202.96 36,095,193.36 26,373,570.39 102,646,397.15 89,970,060.81 235,112,432.08 188,170,015.70 68,927,317.38 11,302,990.80 42,892,678.10 29,483,043.46 8,373,333.00 6,943,333.00 298,113.20 238,150.80 - - 51,564,124.30 36,664,527.26 62,810,385.39 28,538,425.15 283,030,500.00 314,570,500.00 - - 345,840,885.39 343,108,925.15-294,276,761.09-306,444,397.89-2,900,000.00-1,721,170,000.00 1,658,350,000.00 134,735.24 82,636.66 1,724,204,735.24 1,658,432,636.66 1,565,087,707.79 1,494,600,000.00 50,613,527.76 38,172,119.67 14,679.28 824.00 1,615,715,914.83 1,532,772,943.67 108,488,820.41 125,659,692.99 9.52 - -116,860,613.78-169,481,714.10 77

( 2002 1 22,560,996.58 22,560,996.58 8,486,667.51 927,117.59 44,619,047.58 31,075,640.69 965,574.95 604,622.00 994,208.59 603,252.25-109,103.70-88,953.04 1,063,410.01 752,787.41 ( ) -114,013.55-158,918.55 1,697,469.30 1,690,027.35 31,211,023.93 19,675,404.83 ( ) 9,352,311.56 5,471,529.63 ( ) - - ( ) -5,485,282.87-54,932.37 ( ) -60,225,456.15-63,580,795.91 ( ) -5,373,870.30-29,423,614.61 19,284,333.94 21,248,826.95 68,927,317.38 11,302,990.80 2 - - - - - - - 3-900,114,456.77 835,198,946.41 1,016,975,070.55 1,004,680,660.51 - - - - -116,860,613.78-169,481,714.10 78

2002 12 31 50,181,097.61 8,363,919.50 - - 58,545,017.11 42,951,921.68 6,210,116.16 49,162,037.84 7,229,175.93 2,153,803.34 9,382,979.27 - - - - - - 225,495.15-62,016.88 163,478.27 - - 225,495.15-62,016.88 163,478.27 1,126,344.94-1,126,344.94 1,126,344.94-1,126,344.94 - - - 2,500,288.15 392,625.00 541,180.07 2,351,733.08 1,258,599.97 - - 1,258,599.97 1,008,258.49 392,625.00 525,676.32 875,207.17 233,429.69 15,503.75 217,925.94 - - - - - - - - - - - 79