600161 2006

2006... 1... 1... 2... 3... 7... 10... 11... 11... 18... 19... 22... 57 1

2006 1 2 3 4 1 BEIJING TIANTAN BIOLOGICAL PRODUCTS CORPORATION LIMITED BTBP 2 3 010-65762911 65724045 010-65792747 E-mailttswdm@126.com 010-65762911 65772357 010-65772354 E-mailflyci@126.com 4 100024 http://www.tiantanbio.com. jlb@tiantanbio.com 5 http://www.sse.com.cn 6 A A A 600161 7 1998 6 8 17 1100001520018 110108600069802 19 B 1

2006 () : : 125,194,877.75 101,045,654.95 97,705,125.80 251,279,645.30 66,123.36 128,436,358.52-1,694,653.22-1,546,827.55 154,361,978.81-76,501,079.15 () : : 4,118.59-1,550,946.14 4,728,777.07 158,579.63 3,340,529.15 () : : 2006 2005 2004 (%) 413,781,166.04 343,358,631.63 20.51 290,049,411.84 125,194,877.75 83,550,490.26 49.84 55,734,809.36 101,045,654.95 68,999,532.75 46.44 47,531,747.92 97,705,125.80 67,339,534.76 45.09 47,623,522.74 0.31 0.21 47.62 0.15 % 15.40 10.32 2 5.08 4.82 14.89 10.07 % 7.48 4.97 15.01 10.04 % 7.68 154,361,978.81 131,685,718.54 17.22 110,661,584.42 7.47

2006 0.47 0.40 17.50 0.34 2006 2005 2004 (%) 1,064,552,879.90 848,762,795.54 25.42 762,493,379.15 656,097,993.26 668,556,338.31-1.86 636,259,105.56 2.02 2.05-1.46 1.95 1.99 2.05-2.93 1.95 () : : 325,500,000.00 188,685,920.04 69,554,802.48 34,777,401.24 84,815,615.79 668,556,338.31 3,676,000.00 44,883,090.02 101,045,654.95 149,604,744.97 34,777,401.24 34,777,401.24 127,285,688.78 162,063,090.02 325,500,000.00 192,361,920.04 79,660,491.26 0 58,575,581.96 656,097,993.26 3,676,000.00 2006 12 26 2006 [2006]67 () 1 : (%) (%) 1 2 183,150,000 56.27 183,150,000 56.27 3 4 3

2006 183,150,000 56.27 183,150,000 56.27 1 142,350,000 43.73 142,350,000 43.73 2 3 4 142,350,000 43.73 142,350,000 43.73 325,500,000 100 325,500,000 100 : 24 2008 24 5 23 9,157,500 173,992,500 151,507,500 12 5 2009 36 5 23 173,992,500 0 325,500,000 2006 5 9 2006526 2006 5 15, 2006 5 19 3,285, 10 3 32,550 21,600 18,315 66.36% 56.27% 33.64% 43.73% 2 (1) : : 2003 8 2003 9 5 11.2 25,000,000 25,000,000 21 2003 8 21 [2003]97 2,500 21,700 280,000,000 267,318,175.96 (2) 2006 5 4

2006 19 3,285, 10 3 32,550 21,600 18,315 66.36% 56.27% 33.64% 43.73% (3) () 1 : 13,918 (%) 56.27 183,150,000-32,850,000 183,150,000 1.75 5,700,324 5,700,324 0 1.64 5,361,496 5,361,496 0 1.51 4,926,656 4,926,656 0 1,042 4,633,195 4,633,195 0 1.33 4,340,692 4,340,692 0 1.25 4,087,350 4,087,350 0 0.94 3,083,857 3,083,857 0 0.92 3,000,000 3,000,000 0 0.82 2,675,834 2,675,834 0 5

2006 5,700,324 5,361,496 4,926,656 4,633,195 4,340,692 4,087,350 3,083,857 3,000,000 2,675,834 2,649,972 : 24 24 2008 5 23 9,157,500 1 183,150,000 12 5 2009 5 23 173,992,500 36 2 (1) 87,500,000 1919 3 1 (2) 135,162,000 1989 4 18 6

2006 (3) (4) 3 () : : ( ) 2005 5 2008 1 48 30 28 0 0 0 2005 1 2008 1 54 9,600 12,480 2,880 28 28 47.04 2005 1 2008 1 76 9,600 12,480 2,880 28 28 2005 1 2008 1 52 28 28 0 0 0 2005 1 2008 1 55 28 28 0 0 0 2008 1 9,600 12,480 2,880 28 28 33.27 7

2006 2005 1 2008 1 63 28 28 0 0 0 5 2005 1 2008 1 41 28 28 0 0 0 5 2005 1 2008 1 44 28 28 0 0 0 5 2005 5 2008 1 52 30 28 0 0 0 2005 1 2008 1 53 9,600 12,480 2,880 28 28 2005 1 2008 1 51 9,600 12,480 2,880 28 28 2005 1 2008 1 58 9,600 12,480 2,880 28 28 10.20 2005 1 2008 1 34 28 28 0 0 0 11.96 2005 12 2008 1 50 28 28 0 0 0 21.68 2005 1 2008 1 55 28 28 0 0 0 34.26 2005 1 2008 1 47 9,600 12,480 2,880 28 28 39.60 2005 1 2008 1 36 150 195 45 28 28 16.48 / / / / / 67,350 87,555 20,205 / 229.49 5 (1),2000 2002 3,2002 3 2003 9 2002 8 2005 4 2005 5 (2),1998 8 2002 1 2002 1 1998 6 (3),2000 (4),2000 1 2001 10 2001 10 2004 6 2004 6 (5),1997 (6),2000 7 (7),1993 12 (8),2001 1 2004 9 (9),1995 2001 2001 (10),1998 8 2005 4 2005 4 2005 5 (11),1998 (12),1996 (13),2000 (14),2000 10 2002 6 2002 6 8

2006 (15),2000 2005 2005 12 (16),2000 6 2001 12 2001 12 (17),2000 (18),2000 1 2003 1 2004 4 2004 8 () 2002 8 1 2005 4 1 2004 6 1 2005 4 1 1997 7 1 1998 6 1 1996 9 1 1999 6 22 2006 10 12 1999 6 22 2006 10 12 2006 10 12 1999 3 1 2006 10 12 9

2006 () 1 : 2 2006 3 5 2006 3 () (), 1,299, 151 1 850 77 20 92 636 2 19 200 576 504 10

2006 () () 1 6 4 1 1 6 6 0 0 6 4 1 1 2 () 1 2 3 4 5 () 2006 4 12 2005 2005 2005 2005 2005 2005 < > < > < > < > 2006 4 13 11

2006 () 1 1 2006 6 23 2006 1 51 2006 6 24 2 2 2006 8 22 2006 2 2006 < > 2006 8 23 () 1 1 2006 41,378.12 34,335.86 7,042.26 20.51% 10,104.57 6,899.95 3,204.62 46.44% vero 2005, 6,510 2006 5,208 51% 2 100% 50%-70% 10% 1 : : % % % % ( ) 335,119,253.58 98,275,146.37 70.67 17.01-6.15 7.24 78,650,079.43 61,405,040.90 21.93 38.15 29.82 5.01 11,833.03 8,050.00 31.97-29.49-24.84 3.61 413,781,166.04 159,688,237.27 / 20.51 5.04 2 : : 208,956,988.72 40.52 85,706,844.77 5.22 119,117,332.55 5.22 413,781,166.04 20.51, 12

2006 3 10% : : (%) (%) (%) (%) 335,119,253.58 98,275,146.37 70.67 17.01-6.15 7.24 ( ) 78,650,079.43 61,405,040.90 21.93 38.15 29.82 5.01 4 67,851,595.51 42.34% 161,333,509.12 38.99% 3 1 2006 2005 (%) (%) 128,361,617.17 12.06 75,823,307.80 8.93 3.13 216,129,359.03 20.30 130,502,081.98 15.38 4.92 72,517,982.24 6.81 0 6.81 367,243,944.82 34.50 305,843,172.24 36.03 1.53 94,900,000.00 8.91 80,600,000.00 9.50 0.59 130,000,000.00 12.21 0 12.21 13,834,000.00 1.30 6,000,000.00 0.71 0.59 94,900,000.00 8.91 80,600,000.00 9.50 0.59 A B C D E 200 214 300 13

2006 2 2006 2005 (%) 45,542,796.70 29,795,043.50 15,747,753.20 52.85-1,694,653.22-8,904,845.91 7,210,192.69 80.97 1,546,827.55 2,769,909.31-1,223,081.76-44.16 20,361,953.47 14,545,713.68 5,816,239.79 39.99 A B 2006 C D 4 2006 2005 (%) 154,361,978.81 131,685,718.54 22,676,260.27 17.22-159,217,427.96-39,467,044.32-119,750,383.64-303.42-71,645,630.00-54,740,788.21-16,904,841.79-30.88 A B C 5 200 6,383,104.93 2,691,899.11 14,040.93 6000 119,810,190.96 102,843,814.58 28,260,056.45 7,723,390.08 [2006]118 9,120,000.00 80% 14

2006 2,280,000.00 20% 2007 1 4500 2006 10 30 4200 850 8060794.40 8060794.40 2 1 2007 GMP GMP GMP GMP 2007 30% 2 SARS 2007 15 3 2007 3 2006 2 15 [2006]3 1-38 2007 1 1 2007 1 1 15

2006 2007 1 1 1 38-59,565,319.57 2007 1 1 2 38-2007 1 1 3,242,499.78 2,636,875.17 605,624.61 3 38-33 2006 12 31 52,255,900.92 605,624.61 2007 1 1 1 2 2 6 3 6 4 17 5 18 6 33 () 129,400,000.00 129,400,000.00 100% 1 2006 3 28 16,000,000.00 38.10% 2006 12 31 4,000,000.00 25% 2006 6006 2 2006 5 8 6 7 116,280,000 51 2006 6 23 58,140,000 2006 9 13 [2006]1140 16

2006 51 116,280,000 20060180 12 23 2006 12 28 58,140,000 3 [2006]118 9,120,000 80% 2,280,000 20% 2006 152 (%) 51 38.10 80 1 1) 2003 267,318,175.96 230,627,718.13 12,978,860.44 36,690,457.83,2004 Vero 2006 GMP 2 : : Vero 53,949,969.79 53,949,969.79 82,678,298.90 55,698,811.12 55,698,811.12 204,177,779.02 GMP 21,172,705.95 21,172,705.95 17

2006 36,200,000.00 36,200,000.00 4,583,997.32 39,419,484.80 GMP 39,419,484.80 3,721,028.03 29,936,000.00 16,439,412.93 GMP 40,980,000.00 7,747,333.54 277,356,971.66 / 230,627,718.13 295,161,103.27 / / 1) Vero 53,949,969.79 53,949,969.79 2004 2) GMP 55,698,811.12 55,698,811.12 2004 3) 21,172,705.95 21,172,705.95 2004 4) 36,200,000.00 36,200,000.00 2006 5) GMP 39,419,484.80 39,419,484.80 2006 6) 29,936,000.00 16,439,412.93 2006 7) GMP 40,980,000.00 7,747,333.54 Vero 2003 3 1) 34,244,000.00 19,879,436.29 2) 48,310,000.00 23,731,522.73, () 18

2006 () 1 1 2006 3 5 2005 2005 2005 2005 2005 2006 2005 5000 2006 2005 2006 < > 2005 2006 3 7 2 2006 4 25 2006 2006 4 26 3 2006 6 7 2006 2006 6 8 4 2006 7 29 2006 2006 2006 2006 7 31 5 2006 10 30 2006 2006 10 31 6 2006 11 16 2 (1) 2005 2005 2005 84,815,615.79 2005 32550 10 2.00 ( )65,100,000.00 2006 4 20 2006 4 25 5 12 (2) 2006 2006 2006 79,615,922.03 2006 32550 10 1.6 ( ) 52,080,000.00 2006 9 21 2006 9 27 10 20 () 2006 101,045,654.95 10% 10,104,565.50 90,941,089.45 84,939,407.87 2005 65,100,000.00 2006 52,080,000.00 58,700,497.32 2006 32550 10 1.80 ( ) 58,590,000.00 110,497.32 2006 19

2006 () 1, 2005 2005 2, 2006 () () () () () () 2006 () () 1 1) 51 2006/V2018 116,280,000 2006 12 30 () 1 1 : : (%) 2,555,000.00.5 20

2006 1).5 2 : : (%) 7,357,318.80.5 1 5 2 1,081,910.19.5.5 638,000.00 6.5 590,960.00 3.5 1).5 2).5 3).5 4).5 2 1) 51 116,280,000 2006 12 30 3 1) 16,000,000 4000000 42,000,000 2006 3 10 21

2006 () () () () () () 1 2006 4 14 1071.65 2 3 51 4 2192 () 24 12 5% ( ) 35 35 2 22

2006 47 2005 35 2006 12 ( ) ( ) 1) ( ) 23

2006 () [2007]545 2006 12 31 2006 1 2 3 2006 12 31 2006 19 B 2007 3 27 () 24

2006 2006 12 31 : : : 1 1 153,189,946.79 229,691,025.94 127,896,213.21 228,381,780.94 2 2 128,361,617.17 75,823,307.80 80,010,016.69 74,046,034.17 3 2,356,306.80 2,471,293.64 1,598,357.80 2,399,010.73 4 14,317,301.40 7,038,076.46 13,211,782.40 7,038,076.46 5 216,129,359.03 130,502,081.98 199,651,371.76 130,502,081.98 6 2,724,041.43 7,934.50 2,700,972.30 0 517,078,572.62 445,533,720.32 425,068,714.16 442,366,984.28 7 3 12,952,662.67 0 125,797,795.01 2,142,286.55 72,517,982.24 0 125,797,795.01 2,142,286.55 ( - ) ( - ) 59,565,319.57 8 545,336,104.77 475,808,731.32 504,203,566.50 475,427,734.89 8 204,554,290.51 169,514,524.83 192,675,007.91 169,456,293.34 8 340,781,814.26 306,294,206.49 311,528,558.59 305,971,441.55 451,034.25 451,034.25 451,034.25 451,034.25 340,330,780.01 305,843,172.24 311,077,524.34 305,520,407.30 9 26,913,164.81 26,913,164.81 367,243,944.82 305,843,172.24 337,990,689.15 305,520,407.30 10 12,812,380.22 16,785,902.98 7,882,198.46 16,785,902.98 25

2006 11 94,900,000.00 80,600,000.00 94,900,000.00 80,600,000.00 107,712,380.22 97,385,902.98 102,782,198.46 97,385,902.98 1,064,552,879.90 848,762,795.54 991,639,396.78 847,415,581.11 12 130,000,000.00 130,000,000.00 13 6,029,245.72 3,813,163.05 2,445,631.90 3,494,110.05 14 46,762,730.98 45,185,162.45 45,987,630.98 44,942,902.45 10,776,867.88 8,852,012.66 9,299,700.55 8,770,662.36 15 19,727,039.57 14,763,645.27 15,686,837.06 14,614,452.20 84,593.27 34,662.17 44,685.86 32,481.72 16 34,084,508.30 20,422,240.00 24,036,917.17 20,404,634.02 247,464,985.72 93,070,885.60 227,501,403.52 92,259,242.80 17 13,834,000.00 6,000,000.00 13,140,000.00 6,000,000.00 18 94,900,000.00 80,600,000.00 94,900,000.00 80,600,000.00 108,734,000.00 86,600,000.00 108,040,000.00 86,600,000.00 356,198,985.72 179,670,885.60 335,541,403.52 178,859,242.80 ( ) 52,255,900.92 535,571.63 19 325,500,000.00 325,500,000.00 325,500,000.00 325,500,000.00 19 325,500,000.00 325,500,000.00 325,500,000.00 325,500,000.00 20 192,361,920.04 188,685,920.04 192,361,920.04 188,685,920.04 21 79,660,491.26 69,554,802.48 79,535,575.90 69,431,010.40 34,777,401.24 34,715,505.20 26

2006 ( ) 22 58,575,581.96 84,815,615.79 58,700,497.32 84,939,407.87 58,590,000.00 65,100,000.00 ( ) 656,097,993.26 668,556,338.31 656,097,993.26 668,556,338.31 1,064,552,879.90 848,762,795.54 991,639,396.78 847,415,581.11 : : 27

2006 2006 1-12 : : : 23 4 413,781,166.04 343,358,631.63 381,570,168.72 340,234,388.60 23 4 159,688,237.27 152,027,776.32 154,366,245.01 152,027,776.32 24 2,813,283.47 2,230,898.22 2,374,481.04 2,041,406.32-251,279,645.3 189,099,957.09 224,829,442.67 186,165,205.96-66,123.36 140,974.71 : 45,542,796.70 29,795,043.50 34,717,012.73 27,063,239.15 79,480,705.25 66,790,496.42 75,518,263.93 66,679,050.03 25-2,114,091.81-2,286,872.06-3,098,535.86-2,274,749.66-128,436,358.52 94,801,289.23 117,833,676.58 94,697,666.44 26 5 - -1,694,653.22-8,904,845.91 2,255,508.46-8,883,870.58 27 696,436.34 423,956.25 648,047.31 423,956.25 28 2,243,263.89 2,769,909.31 1,970,423.36 2,769,909.31-125,194,877.75 83,550,490.26 118,766,808.99 83,467,842.80 20,361,953.47 14,545,713.68 17,721,154.04 14,468,310.05 ( ) ( ) - 3,787,269.33 5,243.83 101,045,654.95 68,999,532.75 101,045,654.95 68,999,532.75 84,815,615.79 68,680,184.68 84,939,407.87 68,799,781.68 185,861,270.74 137,679,717.43 185,985,062.82 137,799,314.43 10,105,688.78 6,902,050.82 10,104,565.50 6,899,953.28 0 6,902,050.82 0 6,899,953.28 ( ) 175,755,581.96 123,875,615.79 175,880,497.32 123,999,407.87 28

2006 117,180,000.00 39,060,000.00 117,180,000.00 39,060,000.00 ( - ) 1. 2. 3. ( ) 4. ( ) 5. 58,575,581.96 84,815,615.79 58,700,497.32 84,939,407.87 6. 3,340,529.15 1,659,997.99 3,408,562.24 1,659,997.99 : : 29

2006 2006 1-12 : : : 443,591,505.67 402,931,700.73 29 89,181,035.10 23,584,277.46 532,772,540.77 426,515,978.19 168,863,574.36 165,065,490.53 87,615,216.00 85,194,756.87 53,910,412.60 46,052,094.47 30 68,021,359.00 50,643,905.49 378,410,561.96 346,956,247.36 154,361,978.81 79,559,730.83 30 371,260.00 371,260.00 6 8,000,000.00 371,260.00 8,371,260.00 71,501,911.56 70,412,848.56 88,086,776.40 129,400,000.00 159,588,687.96 199,812,848.56-159,217,427.96-191,441,588.56 130,000,000.00 130,000,000.00 130,000,000.00 130,000,000.00 70,000,000.00 131,645,630.00 118,603,710.00 44,680,000.00 44,680,000.00

2006 201,645,630.00 118,603,710.00-71,645,630.00 11,396,290.00-76,501,079.15-100,485,567.73 1 101,045,654.95 101,045,654.95 ( - ) 3,787,269.33 1,090,270.18-3,019,294.42 28,581,940.99 27,172,097.93 11,841,556.76 8,903,704.52-2,716,106.93-2,700,972.30-48,389.03 (: ) 44,270.44 44,270.44 2,465,630.00 1,423,710.00 1,694,653.22-2,255,508.46-82,158,997.45-65,681,010.18 ( ) 46,808,503.83-620,486.53 ( ) 41,925,722.52 15,247,564.88 ( ) 154,361,978.81 79,559,730.83 2 3 153,189,946.79 127,896,213.21 229,691,025.94 228,381,780.94-76,501,079.15-100,485,567.73 : : 31

2006 2006 1-12 : : : 1 6,808,226.21 4,791,848.54 233,298.76 233,298.76 11,366,775.99 2 6,593,331.11 4,568,548.64 11,161,879.75 3 214,895.10 223,299.90 233,298.76 233,298.76 204,896.24 4 5 6 7 11,036,215.79 1,027,198.71 4,495,478.31 4,495,478.31 7,567,936.19 8 6,065,135.74 1,027,198.71 7,092,334.45 9 10 11 12 13 451,034.25 451,034.25 14 15 451,034.25 451,034.25 16 17 18 19 20 21 18,295,476.25 5,819,047.25 4,728,777.07 4,728,777.07 19,385,746.43 : : 32

2006 2006 1-12 : : : 1 6,647,395.21 518,607.17 69,621.99 69,621.99 7,096,380.39 2 6,438,785.58 518,607.17 6,957,392.75 3 208,609.63 69,621.99 69,621.99 138,987.64 4 5 6 7 11,036,215.79 1,027,198.71 4,495,478.31 4,495,478.31 7,567,936.19 8 6,065,135.74 1,027,198.71 7,092,334.45 9 10 11 12 13 451,034.25 451,034.25 14 15 451,034.25 451,034.25 16 17 18 19 20 21 18,134,645.25 1,545,805.88 4,565,100.30 4,565,100.30 15,115,350.83 : : 9 : : % 38.30 38.60 0.77 0.77 19.58 19.73 0.39 0.39 15.40 15.52 0.31 0.31 14.89 15.01 0.30 0.30 33

2006 [2007]545-1 38 [2006]136 2101 38. 34 2007 1 1 2006 2007 2007 1 1 2007 : : 2006 12 31 656,097,993.26 1-59,565,319.57-59,565,319.57

2006 2 3 4 5 6 7 8 9 10 11 12 3,242,499.78 14 52,255,900.92 13 2007 1 1 652,031,074.39 : : 2007 1 1 2006 11 [2006]136 38 2006 38 2006 38 1 38 2 12006 12 31 656,097,993.26, ( ) 2006 12 31 2007 3 27 [2007]545 2006 2 2006 12 31 59,565,319.57, 59,565,319.57 3 35

2006 2007 1 1 3,242,499.78 2,636,875.17 605,624.61 4 2006 12 31, 52,255,900.92, 2007 1 1 52,255,900.92 5 2007 1 1, 652,031,074.39, : 599,169,548.86 52,861,525.53 2006 1997 6 1997 214 1998111 1998112 1998 5 3,000 12,000 1999 1998 12 31 10 2 10 4 7,200 19,200 2003 8 21 [2003]97 2,500 21,700 2004 2003 12 31 21,700 10 5 10,850 32,550 2006 5 9 2006526 2006 5 19 3,285, 10 3 32,550 600161 1 2 3 4 5 36

2006 37 6 7 8 8% 3 9 10 1 10 2 3

2006 11 ( 5%) 5% 10-40 9.50%-2.38% 5% 5-20 19.00%-4.75% 5% 10-12 9.50%-7.92% 5% 5-20 19.00%-4.75% 12 13 14 10 38

2006 39 15 1 1 16 17 18 19 [1995]11 < > [1996]2 20

2006 1 6% 17% 2 7% 3 3% 4 1998 5 15% 33% [2004] 012 2006 15% 1 200 160 80% 6000 11,628 51% 4,500 2,205 49 2 [2002]18 [2006]1140 2006 2006 10 51% 2006/V2018 11,628 2006 40%, 8,000,000.00 40

2006 2006 10 1 219,402,553.69 184,331,958.11 29,412,700.76 5,657,894.82 104,282,129.19 103,538,129.19 744,000.00 28,260,056.45 22,708,441.59 10,283,345.33 2,559,955.25 7,723,390.08 71,715,488.86 96,772,926.93 25,057,438.07-1,021,163.00-91,041,920.00 1 10,961.36 18,545.88 138,451,985.43 205,836,463.67 14,727,000.00 23,836,016.39 153,189,946.79 229,691,025.94 2 1 108,145,307.71 77.51% 8% 8,651,624.62 59,695,020.82 72.43% 8% 4,775,601.67 1-2 17,194,933.16 12.32% 8% 1,375,594.65 17,615,995.04 21.37% 8% 1,409,279.60 2-3 9,684,693.00 6.94% 8% 774,775.44 3,993,487.52 4.85% 8% 319,479.00 3-4 3,481,027.52 2.50% 8% 278,482.20 1,112,135.53 1.35% 8% 88,970.84 4-5 1,017,535.53 0.73% 8% 81,402.84 139,523,496.92 100.00% 8% 11,161,879.75 82,416,638.91 100.00% 8% 6,593,331.11 1 30,047,556.61 21.54% 2 5 5 3 69.29%, 57,106,858.01 52,201,673.33 4,905,184.68 41

2006 3 1 2,158,370.58 84.27% 8% 172,669.64 2,656,218.74 98.88% 8% 212,497.50 1-2 398,182.46 15.55% 8% 31,854.60 25,500.00 0.95% 8% 2,040.00 2-3 4,650.00 0.18% 8% 372.00 4,470.00 0.17% 8% 357.60 2,561,203.04 100.00% 8% 204,896.24 2,686,188.74 100.00% 8% 214,895.10 1 2,205,145.11 86.10% 2 1,137,442.94 4 1 14,260,769.40 99.60% 7,008,076.46 99.57% 1-2 9,457.00 0.07% 30,000.00 0.43% 2-3 47,075.00 0.33% 14,317,301.4 100.00% 7,038,076.46 100.00% 1 5 5 2 103.43%, 7,279,224.94 2006 4 14 138,435.221, 18,900,000.00 ( ), 10,716,549.00 5 1 40,829,122.70 18,059,053.77 4,349,383.63 2,700,578.48 45,362.17 46,841.25 88,528,929.60 66,645,979.88 89,944,497.12 54,085,844.39 223,697,295.22 141,538,297.77 1 58.05% 82,158,997.45 16,477,987.27 65,681,010.18 2 3 42

2006 2 6,065,135.74 1,027,198.71 7,092,334.45 4,971,080.05 4,495,478.31 475,601.74 11,036,215.79 1,027,198.71 4,495,478.31 7,567,936.19, 6 2,700,972.30 9,499.00 7,406.00 13,570.13 528.50 2,724,041.43 7,934.50 7 1 1 12,952,662.67 9,120,000.00 3,832,662.67 2 12,952,662.67 2 20 38.1% 400 30 49% 2,205 10 80% 912 [2006]118 9,120,000.00 80% 228 20% 2006 152, 100% 2006 12 31,, 43

2006 (3) 4,000,000.00-167,337.33-167,337.33 3,832,662.67 22,050,000.00-22,050,000.00 0.00 26,050,000.00-167,337.33-22,217,337.33 3,832,662.67 1 2006 3 28 16,000,000.00 38.10% 2006 12 31 4,000,000.00 25% 2006 6006 2 2006 10 30 4, 61,092,635.46 10 1,527,315.89 59,565,319.57 61,092,635.46 1,527,315.89 59,565,319.57 8 1 217,864,090.19 23,839,128.46 241,703,218.65 235,854,689.25 45,265,006.31 3,331,153.80 277,788,541.76 7,614,252.03 3,717,420.60 1,317,668.00 10,014,004.63 14,475,699.85 1,607,509.88 252,870.00 15,830,339.73 475,808,731.32 74,429,065.25 4,901,691.80 545,336,104.77 1 74,429,065.25 33,281,245.41 ( 16,697,794.21 ) 41,147,819.84 2 4,901,691.80 2 67,864,265.49 15,830,902.07 83,695,167.56 89,268,241.59 21,127,286.44 2,909,967.28 107,485,560.75 4,157,648.01 902,983.60 983,927.98 4,076,703.63 8,224,369.74 1,322,444.97 249,956.14 9,296,858.57 169,514,524.83 39,183,617.08 4,143,851.40 204,554,290.51 44

2006 1 39,183,617.08 27,260,939.81 11,922,677.27 2 4,143,851.40 3 158,008,051.09 149,999,824.70 170,302,981.01 146,586,447.66 5,937,301.00 3,456,604.02 6,533,481.16 6,251,330.11 340,781,814.26 306,294,206.49 4 451,034.25 451,034.25 451,034.25 451,034.25 5 9 42,060,000.00 23,731,522.73 15,250,722.95 8,480,799.78 56% 24,244,000.00 19,879,436.29 1,447,071.26 18,432,365.03 82% 43,610,959.02 16,697,794.21 26,913,164.81 1 16,697,794.21 2 45

2006 10-4,000,000.00 500,000.00 500,000.00 4,000,000.00 - - 9,535,730.00 5,244,608.92 953,573.04 5,244,694.12 4,291,035.88 54-13,930,000.00 5,620,877.31 2,932,631.52 11,241,754.21 2,688,245.79 11-550,000.00 266,666.75 99,999.96 383,333.21 166,666.79 20 -Vero 17,670,000.00 5,153,750.00 4,417,500.00 16,933,750.00 736,250.00 2 11,912,400.67 5,956,200.42 2,858,976.12 8,815,176.37 3,097,224.30 13 1,992,908.83 1,884,833.58 51,876.12 159,951.37 1,832,957.46 424 129,600.00 27,000.00 27,000.00 129,600.00 59,720,639.50 16,785,902.98 7,868,034.00 11,841,556.76 46,908,259.28 12,812,380.22 1 7,868,034.00 2 11 56,894,827.94 41,568,886.70 38,005,172.06 39,031,113.30 94,900,000.00 80,600,000.00 200259 20036 200419 20057 200615 12 70,000,000.00-60,000,000.00-130,000,000.00-13 1 5,522,750.72 91.60% 3,813,163.05 100% 1-2 506,495.00 8.40% 46

2006 6,029,245.72 100% 3,813,163.05 100% 1 5 5 2 58.12% 2,216,082.67, 14 1 46,762,730.98 100.00% 45,185,162.45 100.00% 46,762,730.98 100.00% 45,185,162.45 100.00% 5 5 15 2,790,070.30 1,155,389.48 197,384.28 80,878.41 16,579,540.30 12,947,942.08 160,006.19 579,435.30 38.50 19,727,039.57 14,763,645.27 33.62% 4,963,394.30 3,994,541.97 968,852.33 16 1 34,084,508.30 100.00% 20,422,240.00 100.00% 34,084,508.30 100.00% 20,422,240.00 100.00% 1 66.90% 13,662,268.30 7,616,181.83 6,046,086.47 2 -- 277,124.58 90,000.00 72,500.00, 46,666.75 67,957.83 17 13,834,000.00 6,000,000.00 13,834,000.00 6,000,000.00 47

2006 1 6,000,000.00 [2004]927 [2005]628 2 7,834,000.00 2,000,000.00 2,140,000.00 3,000,000.00 694,000.00 18 94,900,000.00 80,600,000.00 94,900,000.00 80,600,000.00 11 19 216,000,000.00 32,850,000.00 183,150,000.00 216,000,000.00 32,850,000.00 183,150,000.00 109,500,000.00 32,850,000.00 142,350,000.00 109,500,000.00 32,850,000.00 142,350,000.00 325,500,000.00 32,850,000.00 32,850,000.00 325,500,000.00 2006 5 9 2006526 2006 5 15, 2006 5 19 3,285, 10 3 32,550 21,600 18,315 66.36% 56.27% 33.64% 43.73% 20 175,718,175.96 175,718,175.96 382,424.00 382,424.00 108,228.83 108,228.83 2,957,800.00 3,676,000.00 6,633,800.00 9,519,291.25 9,519,291.25 188,685,920.04 3,676,000.00 192,361,920.04 3,676,000.00 2006 12 26 2006 48

2006 21 34,777,401.24 44,883,090.02 79,660,491.26 34,777,401.24 34,777,401.24 69,554,802.48 44,883,090.02 34,777,401.24 79,660,491.26 1 44,883,090.02, 10% 10,105,688.78 34,777,401.24 2 34,777,401.24 [2006]67 < >,2005 12 31 22 84,815,615.79 101,045,654.95 101,045,654.95 127,285,688.78 10,105,688.78 117,180,000.00 58,575,581.96 117,180,000.00 2005 65,100,000.00 2006 52,080,000.00 23 1 413,781,166.04 159,688,237.27 343,358,631.63 152,027,776.32 413,781,166.04 159,688,237.27 343,358,631.63 152,027,776.32 20.51% 70,422,534.41 28,260,056.45 42,162,477.96 2 ( ) 335,119,253.58 98,275,146.37 286,411,063.04 104,718,707.52 78,650,079.43 61,405,040.90 56,930,786.53 47,298,358.80 11,833.03 8,050.00 16,782.06 10,710.00 413,781,166.04 159,688,237.27 343,358,631.63 152,027,776.32 49

2006 3 208,956,988.72 75,592,538.41 148,701,656.15 63,423,502.99 85,706,844.77 32,250,278.81 81,453,892.35 36,907,704.12 119,117,332.55 51,845,420.05 113,203,083.13 51,696,569.21 413,781,166.04 159,688,237.27 343,358,631.63 152,027,776.32 4 161,333,509.12 38.99% 24 7% 1,969,298.43 1,561,628.75 3% 843,985.04 669,269.47 2,813,283.47 2,230,898.22 25 2,465,630.00 647,831.25 4,745,470.64 2,997,595.95 165,748.83 62,892.64-2,114,091.81-2,286,872.06 26-167,337.33-8,904,845.91-1,527,315.89-1,694,653.22-8,904,845.91 7 27 488,249.03 308,525.00 16,125.60 14,203.90 192,061.71 101,227.35 696,436.34 423,956.25 50

2006 28 484,130.44 2,579,731.02 273,690.53 132,830.00 215,939.48 50,000.00 7,348.29 1,269,503.44 2,243,263.89 2,769,909.31 29 11,316,000.00 1720 4,745,470.64 2,306,864.44 58,140,000.00 76,508,335.08 25 30 22,123,112.69 3,323,468.23 17,153,674.09 42,600,255.01 31 4,118.59 3,500.80 4,728,777.07 4,728,777.07-1,759,133.45-1,568,707.93 208,187.31 176,959.21 +, - 3,181,949.52 3,340,529.15 1 1 69,272,843.01 79.65% 8% 5,541,827.44 57,978,845.82 72.04% 8% 4,638,307.67 1-2 8,038,559.54 9.24% 8% 643,084.76 17,515,709.04 21.76% 8% 1,401,256.72 51

2006 2-3 5,272,802.00 6.06% 3-4 3,365,669.36 3.87% 4-5 1,017,535.53 1.18% 8% 8% 8% 421,824.16 3,878,129.36 4.82% 269,253.55 1,112,135.53 1.38% 81,402.84 8% 8% 310,250.35 88,970.84 86,967,409.44 100.00% 8% 6,957,392.75 80,484,819.75 100.00% 8% 6,438,785.58 1 26,324,727.05 30.27% 2 5 5 2 1 1,516,970.44 87.32% 8% 121,357.64 2,603,620.36 99.85% 8% 208,289.63 1-2 220,375.00 12.68% 8% 17,630.00 4,000.00 0.15% 8% 320.00 1,737,345.44 100.00% 8% 138,987.64 2,607,620.36 100.00% 8% 208,609.63 1 1,566,465.44 90.16% 2 1,137,442.94 3 1 1 125,797,795.01 2,142,286.55 121,965,132.34 2,142,286.55 3,832,662.67 2 125,797,795.01 2,142,286.55 2 50 80% 1,600,000.00 2,142,286.55 11,232.74 553,519.29 2,153,519.29 52

2006 30 51% 47,187,364.54 3,938,928.94 3,938,928.94 51,126,293.48 10 80% 9,120,000.00 9,120,000.00 30 49% 22,050,000.00-22,050,000.00 20 38.1% 4,000,000.00-167,337.33-167,337.33 3,832,662.67 83,957,364.54 2,142,286.55 3,782,824.35-17,724,889.10 66,232,475.44 3 61,092,635.46 10 1,527,315.89 59,565,319.57 61,092,635.46 1,527,315.89 59,565,319.57 (4) 4 1 381,570,168.72 154,366,245.01 340,234,388.60 152,027,776.32 381,570,168.72 154,366,245.01 340,234,388.60 152,027,776.32 2 ( ) 306,859,197.13 92,953,154.11 286,411,063.04 104,718,707.52 74,699,138.56 61,405,040.90 53,806,543.50 47,298,358.80 11,833.03 8,050.00 16,782.06 10,710.00 381,570,168.72 154,366,245.01 340,234,388.60 152,027,776.32 53

2006 3 194,917,186.62 78,692,182.21 150,204,891.75 67,122,242.27 74,556,593.90 30,150,686.57 79,965,217.18 35,717,807.47 112,096,388.20 45,523,376.23 110,064,279.67 49,187,726.58 381,570,168.72 154,366,245.01 340,234,388.60 152,027,776.32 4 161,333,509.12 42.28% 5 3,950,161.68 20,975.33-167,337.33-8,904,845.91-1,527,315.89 2,255,508.46-8,883,870.58 6 8,000,000.00,, 1 4 4 1 2 8,750.00 8,750.00 200.00 200.00 6,000.00 6,000.00 54

2006 3 ( ) 21,600.00 66.36% 3,285.00 10.09% 18,315.00 56.27% 160.00 80.00% 160.00 80.00% 3,060.00 51% 3,060.00 51% 4 5 (1) 1-3 2,555,000.00 2,555,000.00 1 1997 10 18 1,130,000.00 2 1998 5 8 560,000.00 3 2004 3 15 865,000.00 (2) 1 7,357,318.80 8,242,434.57 55

2006 2 2 1,081,910.19 3 638,000.00 4 590,960.00 1 2004 3 15 7,357,318.80 2 3 4 3 51 2 7 6 1,137,442.94 65.47% 1,236,845.36 277,124.58 1.15% 368,040.27 10,000.00 0.17% 1,508,640.00 37.02% 3,046,960.00 2.15% 30,000.00 0.09% 1 2006, 2006 12 31 32550,10 1.80 ( ) 2 2007 56

2006 [2006]1575 18315, 32550 56.27% 2007 3 27 57