600202 2004

... 1... 1... 1... 3... 6... 8... 9... 10... 14... 14... 16... 48

2004 1 2 3 4 1 Harbin Air Conditioning Co., Ltd. 2 3 25 0451-84644521 0451-84676205 E-mailhac-zq@0451.com 4 26 25 150010 www.hac.com.cn hac@hac.com.cn 5 http://www.sse.com.cn 6 A A A 600202 7 1993 6 25 193 2004 5 24 2301001002749 230109127046743 75 : : 10,020,636.14 10,958,261.93 2,275,137.32 54,351,403.50 515,493.00 1

2004 9,972,532.44 243,670.52 307.20-195,874.02 197,078,824.60 159,195,972.91 : : 6,100,000.00 2,571,282.41-195,874.02 207,716.22 8,683,124.61 : : 2002 2004 2003 (%) 271,276,930.61 164,623,228.75 64.79 173,368,319.40 173,368,319.40 10,020,636.14 18,360,065.60-45.42 456,325.43 456,325.43 10,958,261.93 20,128,944.58-45.56 3,693,591.91 3,693,591.91 2,275,137.32-58,044,699.41 103.92 3,336,509.12 3,336,509.12 2002 2004 2003 (%) 914,571,020.62 633,091,305.82 44.46 629,489,427.29 629,489,427.29 374,931,565.51 373,851,692.61 0.29 356,180,060.03 353,722,748.03 197,078,824.60-46,927,049.42 519.97-13,134,902.82-13,134,902.82 2002 2004 2003 (%) 0.045 0.082-45.12 0.015 0.015 % 2.92 5.38-2.46 1.04 1.04 0.61-15.53 % 16.14 0.94 0.94 0.802-0.191 519.90-0.054-0.054 0.045 0.082-45.12 0.015 0.015 0.009-0.236 103.81 0.014 0.014 0.009-0.236 103.81 0.014 0.014 % 2.93 5.53-2.60 1.04 1.04 0.61-15.96 % 16.57 0.94 0.94 2

2004 2002 2004 2003 (%) 1.526 1.521 0.33 1.449 1.440 1.418 1.514-6.34 1.447 1.437 9 : : % 14.50 14.52 0.221 0.221 2.66 2.66 0.041 0.041 2.92 2.93 0.045 0.045 0.61 0.61 0.009 0.009 : : 245,731,200.00 66,285,134.32 23,519,115.51 11,759,557.78 26,556,685.00 373,851,692.61 2,408,210.97 1,095,826.19 547,913.10 10,958,261.93 15,010,212.19 13,930,339.29 13,930,339.29 245,731,200.00 68,693,345.29 24,614,941.70 12,307,470.88 23,584,607.64 374,931,565.51 1 : 1 144,953,600 144,953,600 144,953,600 144,953,600 2 3 4 144,953,600 144,953,600 3

2004 1 100,777,600 100,777,600 2 3 4 100,777,600 100,777,600 245,731,200 245,731,200 2 (1) (2) (3) 1 15,358 1 A 15,357 2 ( ) (%) : 0 144,953,600 58.99 65,890,000 5,450,465 2.22 3,565,389 1.45 2,634,373 1.07 1,565,958 0.64 1,350,700 0.55 1,037,200 0.42 50 761,384 0.31 750,000 0.31 703,900 0.29 2-10 4

2004 3 1 1,246,280,000 1996 12 19 2 3 4 4 5 ABH 5,450,465 A 3,565,389 A 2,634,373 A 1,565,958 A 1,350,700 A 1,037,200 A 50 761,384 A 750,000 A 703,900 A 686,000 A 5

2004 1 : 45 2004-05-17 2005-05-22 53 2002-05-22 2005-05-22 56,320 56,320 56 2002-05-22 2005-05-22 56,320 56,320 48 2002-05-22 2005-05-22 11,000 11,000 58 2002-05-22 2005-05-22 56,320 56,320 59 2002-05-22 2005-05-22 52,800 52,800 63 2002-05-22 2005-05-22 0 0 43 2002-05-22 2005-05-22 0 0 50 2002-05-22 2005-05-22 0 0 55 2002-05-22 2005-05-22 52,800 52,800 32 2002-05-22 2005-05-22 0 0 35 2002-05-22 2005-05-22 110 110 58 2002-05-22 2005-05-22 17,600 17,600 41 2002-05-22 2005-05-22 0 0 35 2002-05-22 2005-05-22 0 0 32 2002-05-22 2005-05-22 0 0 (1) 1976 2000 4 2004 5 (2) 1971 (3) 1967 (4) 1972 (5) 1968 (6) 1970 (7) 1965 (8) 1987 (9) 1972 6

2004 (10) 1966 (11) 1996 (12) 1988 (13) 1967 (14) 1987 (15) 1993 (16) 1995 2 1 [2001]87 2 : : 72 22 20 3.6 3 7

2004 3.6 3.6 1.2 [2001]87 4 8 2 56 9 3 2 951 48 1 502 74 67 25 72 211 2 91 187 673 8

2004 1 5 5 5 5 5 5 2 1) 2) 3) 4) 5) 1) 2004 4 6 2003 2004 5 17 2003 10 145,369,510 59.16% 2003 2003 2003 2003 2004 2003 2004 5 18 9

2004 1 (1) () (2) : : (%) (%) 243,884,995.77 89.90 48,627,270.85 89.47 27,391,934.84 10.10 5,724,132.65 10.53 : / / / / 271,276,930.61 100.00 54,351,403.50 100.00 (3) 10% : : (%) 243,884,995.77 194,508,558.01 20.25 27,391,934.84 21,583,659.53 21.20 (4) 2 (1) : : 3,180,000.00 12,642,868.13 2,739.91 18,509,000.00 18,225,186.32-2,412,766.61 15,000,000.00 30,956,713.63 1,122,053.06 18,000,000.00 23,725,117.53-48,924.78 10

2004 1 51% 318 2004 14,553,649.88 2,739.91 1,397.35 2 51% 223 2004 3,987,745.68-2,412,766.61-1,230,510.97 3 80% 1500 2004 16,904,698.22 1,122,053.06 897,642.45 4 90 1800 2004 21,712,760.43-48,924.78-44,032.30 (2) 10% : : (%) -2,412,766.61-1,230,510.97 11.23 3 : : 51,802,745.00 27.91 91,815,125.20 33.85 1 2 1) 56,911,993.31 2)600MW 12,328,634.52 : : 914,571,020.62 633,091,305.82 281,479,714.80 44.46 54,351,403.50 14,976,984.21 39,374,419.29 262.90 10,958,261.93 20,128,944.58-9,170,682.65-45.56 159,195,972.91-53,437,042.46 212,633,015.37 397.91 374,931,565.51 373,851,692.61 1,079,872.90 0.29 11

2004 1 1)2004 4 4 2003 2003 2003 2004 2003 30 2003 300 3 6 2004 5 17 930 2003 2004 4 6 2)2004 4 28 2004 1 3)2004 5 17 2003 2004 5 18 4)2004 8 17 2004 5)2004 10 26 2004 1 2 2003 2003 2003 245,731,200 10 0.50 2004 7 15 2004 7 16 2004 7 21 2004 7 12 2004 10,958,261.93 10 1,095,826.19 5 547,913.10 26,556,685.00 2004 2003 12,286,600.00 23,584,607.64 2005 4 3 2004 2005 2004 12

2004 : 2005 : 2004 [2003]56 1. 2004 12 31, 2. 2004 12 31, 7,909 7,086 1,763 940 3. 2004 12 31, 1,918 222 3,220 1,524 1 300 2 718 222 2,020 1,524 3 900 4 2004 12 31, 500 2001 70,855,169.21 79,090,316.47 : : 2004 14750 1 27 13

2004 12004 4 4 1 2003 2003 2 3 2003 2004 4 6 22004 4 28 2004 1 32004 8 17 2004 42004 10 26 2004 3 2004 1 2 3 14

2004 4 : : 2001-06-18 7,000 2001-06-18 2009-03-18 2004-09-16 500 2004-09-16 2005-09-15 2004-09-28 2,250 2004-09-28 2005-09-07 2004-10-29 800 2004-10-29 2005-04-29 2004-11-01 800 2004-11-01 2005-02-20 2004-11-03 400 2004-11-03 2005-04-29 2004-09-30 2004-09-30 3,000 2005-09-29 7,750 14,750 0 0 14,750 39.45 50 0 70 0 50 7,750 1)2001 6 18 7,000 2001 6 18 2009 3 18 2)2004 9 16 500 2004 9 16 2005 9 15 3)2004 9 28 2,250 2004 9 28 2005 9 7 4)2004 10 29 800 2004 10 29 2005 4 29 5)2004 11 1 800 2004 11 1 2005 2 20 6)2004 11 3 400 2004 11 3 2005 4 29 7)2004 9 30 3,000 2004 9 30 2005 9 29 15

2004 5 6 5% 5% 2004 30 5 [2005]1026 2004 12 31 2004 2004 2004 12 31 2004 16 2005 3 20

2004 2004 12 31 : : : 5.1 193,902,927.53 34,706,954.62 184,556,949.15 32,595,520.93 5.2 5,010,000.00 14,130,254.00 5,010,000.00 14,130,254.00 5.3 139,717,035.62 110,851,535.00 133,934,221.40 107,473,779.89 5.4 141,192,067.93 126,873,958.37 139,813,096.10 124,131,823.90 5.5 37,148,327.47 26,609,326.07 33,659,619.89 28,421,022.44 5.6 106,107,312.06 64,360,107.14 90,402,213.53 59,721,242.08 2,000.00 164,635.00 164,635.00 623,079,670.61 377,696,770.20 587,376,100.07 366,638,278.24 5.7 42,119,000.00 42,119,000.00 78,637,013.20 62,377,516.67 42,119,000.00 42,119,000.00 78,637,013.20 62,377,516.67 5.8 267,860,913.57 263,606,820.60 241,304,474.42 240,279,738.87 5.8 75,918,966.12 63,541,060.91 73,442,455.13 62,357,957.72 191,941,947.45 200,065,759.69 167,862,019.29 177,921,781.15 5.8 13,899,900.81 14,084,300.10 13,857,849.96 14,084,300.10 178,042,046.64 185,981,459.59 154,004,169.33 163,837,481.05 5.9 46,639,794.05 18,234,104.05 54,585,957.05 18,234,104.05 224,681,840.69 204,215,563.64 208,590,126.38 182,071,585.10 5.10 8,177,413.92 9,059,971.98 2,141,602.16 1,621,237.70 5.11 16,513,095.40 16,513,095.40 24,690,509.32 9,059,971.98 18,654,697.56 1,621,237.70 914,571,020.62 633,091,305.82 893,257,937.21 612,708,617.71 : : : 17

2004 2004 12 31 : : : 5.12 61,000,000.00 59,000,000.00 58,000,000.00 55,000,000.00 5.13 86,960,822.82 35,701,538.00 86,960,822.82 35,701,538.00 5.14 21,875,019.69 22,044,954.12 18,679,711.47 21,700,739.96 5.15 251,128,274.69 27,568,043.79 242,736,551.49 23,539,372.59 1,269,249.75 670,753.12 856,015.93 478,320.07 5.16 68,519.50 68,519.50 68,519.50 68,519.50 5.17-4,314,529.14-5,065,381.11-3,254,064.73-4,966,578.23 5.18 94,285.43 52,372.53 79,758.14 46,043.81 5.19 19,583,423.03 20,514,256.24 24,509,386.11 20,130,525.70 5.20 11,000,000.00 11,000,000.00 11,000,000.00 11,000,000.00 448,665,065.77 171,555,056.19 439,636,700.73 162,698,481.40 5.21 75,830,000.00 72,000,000.00 75,830,000.00 72,000,000.00 5.22 3,299,670.97 4,678,443.70 2,859,670.97 4,158,443.70 79,129,670.97 76,678,443.70 78,689,670.97 76,158,443.70 527,794,736.74 248,233,499.89 518,326,371.70 238,856,925.10 11,844,718.37 11,006,113.32 5.23 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 5.24 68,693,345.29 66,285,134.32 68,693,345.29 66,285,134.32 5.25 36,922,412.58 35,278,673.29 36,922,412.58 35,278,673.29 12,307,470.88 11,759,557.78 12,307,470.88 11,759,557.78 5.26 23,584,607.64 26,556,685.00 23,584,607.64 26,556,685.00 374,931,565.51 373,851,692.61 374,931,565.51 373,851,692.61 914,571,020.62 633,091,305.82 893,257,937.21 612,708,617.71 : : : 18

2004 2004 : : : 5.27 271,276,930.61 164,623,228.75 246,538,840.61 151,764,897.32 5.27 216,092,217.54 148,760,452.76 198,964,562.31 138,408,083.46 5.28 833,309.57 885,791.78 667,216.43 811,802.69-54,351,403.50 14,976,984.21 46,907,061.87 12,545,011.17-5.29 515,493.00 263,447.31 277,051.40 253,002.81 : 5.30 17,281,287.01 10,916,427.46 15,577,349.90 10,488,875.58 5.31 29,503,996.94 49,115,369.27 22,482,438.32 43,752,226.19 5.32-1,890,919.89 4,641,500.17-2,161,643.85 4,442,338.05-9,972,532.44-49,432,865.38 11,285,968.90-45,885,425.84-5.33 243,670.52-4,750,000.00-131,832.95-6,545,213.71 307.20 5.34 36,219.00 73,302,873.41 36,219.00 73,302,873.41 232,093.02 759,942.43 232,093.02 743,289.28-10,020,636.14 18,360,065.60 10,958,261.93 20,128,944.58 23,769.16 26,107.23-961,394.95-1,794,986.21 ( ) - 10,958,261.93 20,128,944.58 10,958,261.93 20,128,944.58 26,556,685.00 11,904,394.11 26,556,685.00 11,904,394.11 37,514,946.93 32,033,338.69 37,514,946.93 32,033,338.69 1,095,826.19 2,012,894.46 1,095,826.19 2,012,894.46 547,913.10 1,006,447.23 547,913.10 1,006,447.23 ( ) 35,871,207.64 29,013,997.00 35,871,207.64 29,013,997.00 12,286,600.00 2,457,312.00 12,286,600.00 2,457,312.00 ( - ) 23,584,607.64 26,556,685.00 23,584,607.64 26,556,685.00 1. 2. 3. ( ) 4. ( ) 5. 6. : : : 19

2004 2004 : : : 473,132,013.20 454,030,006.01 307.20 5.35 15,213,377.99 20,158,045.90 488,345,698.39 474,188,051.91 213,476,955.59 196,527,191.56 25,439,965.76 22,084,971.07 7,474,873.08 5,911,784.96 5.36 44,875,079.36 42,179,591.06 291,266,873.79 266,703,538.65 197,078,824.60 207,484,513.26 243,670.52 243,670.52 40,200.00 40,200.00 16,292.60 300,163.12 283,870.52 32,155,055.86 40,363,927.67 8,865,406.94 32,155,055.86 49,229,334.61-31,854,892.74-48,945,464.09 1,800,000.00 190,955,778.20 187,955,778.20 192,755,778.20 187,955,778.20 185,125,778.20 181,125,778.20 13,657,958.95 13,407,620.95 198,783,737.15 194,533,399.15-6,027,958.95-6,577,620.95 159,195,972.91 151,961,428.22 : : : 20

2004 2004 : : : 1 10,958,261.93 10,958,261.93 ( - ) -961,394.95 3,337,554.45 3,066,493.21 12,577,607.36 11,284,199.56 2,159,358.06 756,435.54 162,635.00 164,635.00 (: ) 195,874.02 195,874.02-1,910,466.50-2,160,804.50-243,670.52 131,832.95-42,054,113.99-30,987,880.52 ( ) -55,241,359.40-55,159,681.52 ( ) 268,178,539.14 269,235,147.59-80,000.00 197,078,824.60 207,484,513.26 2 3 193,902,927.53 184,556,949.15 34,706,954.62 32,595,520.93 159,195,972.91 151,961,428.22 : : : 21

2004 2004 : : : 29,925,001.43 3,313,495.24 33,238,496.67 12,365,077.66 3,141,242.84 15,506,320.50 17,559,923.77 172,252.40 17,732,176.17 1,136,665.42 23,316.93 23,316.93 1,113,348.49 235,575.19 23,316.93 23,316.93 212,258.26 901,090.23 901,090.23 4,750,000.00 4,750,000.00 4,750,000.00 4,750,000.00 14,084,300.10 42,050.85 226,450.14 226,450.14 13,899,900.81 4,578,459.58 4,578,459.58 2,731,494.30 8,886.28 8,886.28 8,886.28 2,731,494.30 4,232,288.46 18,898.45 18,898.45 18,898.45 4,232,288.46 1,023,034.06 184,399.29 184,399.29 838,634.77 1,519,023.70 14,266.12 14,266.12 14,266.12 1,519,023.70 49,895,966.95 3,355,546.09 249,767.07 249,767.07 53,001,745.97 : : : 22

2004 : 2004 : : 245,731,200.00 245,731,200.00 245,731,200.00 245,731,200.00 66,285,134.32 66,285,134.32 2,408,210.97 2,414,501.75-6,290.78 68,693,345.29 66,285,134.32 23,519,115.51 21,506,221.05 1,095,826.19 2,012,894.46 1,095,826.19 2,012,894.46 1,095,826.19 2,012,894.46 24,614,941.70 23,519,115.51 24,614,941.70 23,519,115.51 11,759,557.78 10,753,110.55 547,913.10 1,006,447.23 547,913.10 1,006,447.23 12,307,470.88 11,759,557.78 26,556,685.00 11,904,394.11-10,958,261.93 20,128,944.58 13,930,339.29 5,476,653.69-23,584,607.64 26,556,685.00 : : : 23

2004 2004 1993 3 19937 1993 6 25 5106 1997 106 8169.6 1999 4 26 [1999]44 3000 6.08 11169.6 2000 2000 11169.6 10 3 7 22339.2 2001 2001 10 1 24573.12 1 2 1 1 12 31 3 4 5 6 7 1 24

2004 2 10% 8 1 2 1 5% 1 2 10% 2 3 30% 3 4 50% 4 5 80% 5 100% 9 1 2 3 4 10 1 2 3 4 5 : a. b. c. d. e. a. 25

2004 26 b. c. d. 6 11 1 2 12 1 2 2000 3 4 a. b. c. d. e. 5 13 1 2 : 3 14 1 2 3

2004 27 15 1 2 16 1 2 3 4 17 1 1 1 1 2 3 18 1 2 3 4 1) 2)

2004 19 20 1 [1995]11 [1996]2, 2 50% 50% 3 21 (1) (2) (3) 1 17% 2 7% 3 0.1% 4 4% 5 15% 28 : : (%) 3,180,000.00 1,621,800.00 51 ( ) 18,509,000.00 9,435,000.00 51 15,000,000.00 12,000,000.00 80 18,000,000.00 16,200,000.00 90 82,360,000.00 2,119,000.00 1.98 10,000,000.00 2,000,000.00 20 4,000,000.00 2,750,000.00 35 100,000,000.00 20,000,000.00 20,, 300,000,000.00 20,000,000.00 6.67

2004 : 4,000,000.00, 1,400,000.00 35%2001 2002 1,350,000.00, 2,750,000.00 8,659,356.06 : 1 61,497.57 61,497.57 51,481.73 51,481.73 193,831,706.67 193,831,706.67 33,694,666.68 33,694,666.68 $250.67 8.2765 2,074.42 $111,329.97 8.2767 923,157.34 7,648.87 7,648.87 37,648.87 37,648.87 193,902,927.53 34,706,954.62 458.67%, 2 : : 5,010,000.00 14,109,554.00 20,700.00 5,010,000.00 14,130,254.00 64.54% 3 1 1 107,497,863.05 69.25% 5,374,893.16 102,122,969.89 76,517,144.40 62.10% 3,825,857.22 72,691,287.18 1-2 34,220,471.92 22.05% 3,422,047.19 30,798,424.73 32,001,092.67 25.97% 3,200,109.27 28,800,983.40 2-3 5,209,305.75 3.36% 1,562,791.73 3,646,514.02 12,222,443.21 9.92% 3,666,732.96 8,555,710.25 3-4 5,845,413.02 3.76% 2,922,706.51 2,922,706.51 1,157,732.32 0.94% 578,866.16 578,866.16 4-5 1,132,102.32 0.73% 905,681.85 226,420.47 1,123,440.06 0.91% 898,752.05 224,688.01 5 1,318,200.06 0.85% 1,318,200.06 194,760.00 0.16% 194,760.00 155,223,356.12 100.00% 15,506,320.50 139,717,035.62 123,216,612.66 100.00% 12,365,077.66 110,851,535.00 2 52,772,453.47 34% 3 2004 12 31 5% 5% 29

2004 4 1 1 16,147,386.12 10.16% 2,683.61 16,144,702.51 117,537,921.84 81.38% 4,184,989.27 113,352,932.57 1-2 108,624,538.26 68.35% 7,392.72 108,617,145.54 12,937,554.28 8.95% 6,302,612.94 6,634,941.34 2-3 9,826,041.09 6.18% 135,583.04 9,690,458.05 7,682,889.77 5.32% 1,088,368.38 6,594,521.39 3-4 7,669,961.14 4.83% 1,093,762.38 6,576,198.76 226,903.07 0.16% 11,000.00 215,903.07 4-5 226,903.07 0.14% 89,800.00 137,103.07 700,754.90 0.49% 625,094.90 75,660.00 5 16,429,414.42 10.34% 16,402,954.42 26,460.00 5,347,858.28 3.70% 5,347,858.28 158,924,244.10 100.00% 17,732,176.17 141,192,067.93 144,433,882.14 100.00% 17,559,923.77 126,873,958.37 2 139,223,973.18 87.60% 3 2004 12 31 5% 5% 4 1 1-2 2-3 11,083,763.40 58,978,622.67 9,027,930.40 39,752,855.47 5 5 1 1 31,153,805.07 83.86% 13,519,161.02 50.81% 1-2 3,189,718.27 8.59% 838,499.71 3.15% 2-3 1,003,400.00 2.70% 12,131,139.44 45.59% 3-4 1,685,077.50 4.54% 120,525.90 0.45% 4-5 116,326.63 0.31% 37,148,327.47 100.00% 26,609,326.07 100.00% 2 2004 12 31 5% 5% 30

2004 6 41,839,639.31 212,258.26 41,627,381.05 28,574,810.25 235,575.19 28,339,235.06 45,485,425.92 45,485,425.92 22,158,691.44 22,158,691.44 3,708,197.29 901,090.23 2,807,107.06 3,667,666.54 901,090.23 2,766,576.31 16,121,989.35 16,121,989.35 10,970,258.35 10,970,258.35 80,825.67 80,825.67 65,408.68 65,408.68 44,520.31 44,520.31 107,220,660.55 1,113,348.49 106,107,312.06 65,496,772.56 1,136,665.42 64,360,107.14 63.70% 7 1 : : 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 -- 1.98% 2,119,000.00 20% 2,000,000.00 35% 2,750,000.00 20% 20,000,000.00 6.67% 20,000,000.00 46,869,000.00 31

2004 2 2,000,000.00 2,000,000.00, 2,750,000.00 2,750,000.00 4,750,000.00 4,750,000.00 8 1 : : 263,606,820.60 7,864,597.09 3,610,504.12 267,860,913.57 134,210,987.96 4,033,648.84 517,300.00 137,727,336.80 32,432,315.92 1,893,804.03 1,740,296.96 32,585,822.99 73,089,145.23 719,987.94 639,255.80 73,169,877.37 8,651,964.04 401,703.00 307,333.94 8,746,333.10 15,222,407.45 815,453.28 406,317.42 15,631,543.31 63,541,060.91 12,631,312.32 253,407.11 75,918,966.12 14,485,984.91 3,128,637.35 3,942.18 17,610,680.08 13,234,594.79 1,965,341.89 91,748.30 15,108,188.38 25,981,107.34 6,300,946.24 33,625.20 32,248,428.38 2,442,010.24 528,068.69 90,378.45 2,879,700.48 7,397,363.63 708,318.15 33,712.98 8,071,968.80 200,065,759.69 191,941,947.45 119,725,003.05 120,116,656.72 19,197,721.13 17,477,634.61 47,108,037.89 40,921,448.99 6,209,953.80 5,866,632.62 7,825,043.82 7,559,574.51 14,084,300.10 42,050.85 226,450.14 13,899,900.81 4,578,459.58 4,578,459.58 2,731,494.30 8,886.28 8,886.28 2,731,494.30 4,232,288.46 18,898.45 18,898.45 4,232,288.46 1,023,034.06 184,399.29 838,634.77 1,519,023.70 14,266.12 14,266.12 1,519,023.70 185,981,459.59 178,042,046.64 115,146,543.47 115,538,197.14 32

2004 16,466,226.83 14,746,140.31 42,875,749.43 36,689,160.53 5,186,919.74 5,027,997.85 6,306,020.12 6,040,550.81 2 9 1 32,834,005.90 32,834,005.90 15,857,918.08 15,857,918.08 600MW 12,328,634.52 12,328,634.52 140,000.00 140,000.00 1,477,153.63 1,477,153.63 2,236,185.97 2,236,185.97 46,639,794.05 46,639,794.05 18,234,104.05 18,234,104.05 2 15,857,918.08 16,976,087.82 32,834,005.90 600MW140,000.00 12,188,634.52 12,328,634.52 2,236,185.97 3,358,192.12 4,117,224.46 1,477,153.63 18,234,104.05 32,522,914.46 4,117,224.46 46,639,794.05 3-2,747,852.09 1,479,691.60 13,906.89-1,282,067.38 600MW -403,756.25-403,756.25-2,747,852.09 1,075,935.35 13,906.89-1,685,823.63 0.465% 4 33

2004 10 1 4,013,123.13 4,013,123.13 5,372,933.25 5,372,933.25 2,022,688.63 2,022,688.63 2,065,801.03 2,065,801.03 2,141,602.16 2,141,602.16 1,621,237.70 1,621,237.70 8,177,413.92 8,177,413.92 9,059,971.98 9,059,971.98 2 6,545,900.00 5,018,523.33 1,309,180.08 3,709,343.25 2,836,556.75 3 506,300.00 354,409.92 50,630.04 303,779.88 202,520.12 7 2,155,618.50 2,065,801.03 43,112.40 2,022,688.63 132,929.87 47 7,549,324.60 1,621,237.70 1,276,800.00 756,435.54 2,141,602.16 5,407,722.44 16,757,143.10 9,059,971.98 1,276,800.00 2,159,358.06 8,177,413.92 8,579,729.18 11 8,385,619.99 8,385,619.99 8,385,619.99 6,151,584.00 6,151,584.00 6,151,584.00 1,975,891.41 1,975,891.41 1,975,891.41 16,513,095.40 16,513,095.40 16,513,095.40 12 33,000,000.00 55,000,000.00 25,000,000.00 4,000,000.00 3,000,000.00 61,000,000.00 59,000,000.00 34

2004 13 86,960,822.82 35,701,538.00 143.58% 14 1 1 18,410,105.96 84.16% 18,113,542.71 82.17% 1-2 963,786.12 4.41% 1,794,209.40 8.14% 2-3 736,185.22 3.37% 1,719,110.77 7.80% 3-4 1,372,597.69 6.28% 81,421.04 0.37% 4-5 81,421.04 0.37% 239,295.96 1.09% 5 310,923.66 1.41% 97,374.24 0.43% 21,875,019.69 100.00% 22,044,954.12 100.00% 2 2004 12 31 5% 5% 15 1 1 248,024,334.65 98.76% 25,926,264.00 94.05% 1-2 1,554,424.65 0.63% 586,879.45 2.13% 2-3 496,680.05 0.19% 80,010.34 0.29% 3-4 77,945.34 0.03% 125,000.00 0.45% 4-5 125,000.00 0.05% 849,890.00 3.08% 5 849,890.00 0.34% 251,128,274.69 100.00% 27,568,043.79 100.00% 2 2004 12 31 5% 5% 3 810.94% 35

2004 16 68,519.50 68,519.50 68,519.50 68,519.50 17-1,712,757.65-913,179.96 93,124.61 67,789.62-2,248,042.68-4,347,393.42 27,092.51 126,588.05 78,353.35 814.60-531,382.52-20,916.76-4,314,529.14-5,065,381.11 18 51,399.80 35,234.79 4% 41,435.54 12,996.61 0.1% 1,450.09 4,141.13 94,285.43 52,372.53 19 1 1 14,539,138.35 74.24% 15,871,751.79 77.37% 1-2 1,281,922.78 6.55% 776,824.57 3.79% 2-3 696,297.65 3.55% 2,413,058.93 11.76% 3-4 1,982,067.07 10.12% 1,317,676.13 6.42% 4-5 971,052.36 4.96% 34,494.00 0.17% 5 112,944.82 0.58% 100,450.82 0.49% 19,583,423.03 100.00% 20,514,256.24 100.00% 36

2004 2 2004 12 31 5% 5% 20 11,000,000.00 11,000,000.00 11,000,000.00 11,000,000.00 21 : : 72,000,000.00 72,000,000.00 3,830,000.00 / / / / / / 75,830,000.00 / / / 72,000,000.00 22 2,859,670.97 4,238,443.70 440,000.00 440,000.00 3,299,670.97 4,678,443.70 23 1 : 1 144,953,600 144,953,600 144,953,600 144,953,600 2 3 4 37

2004 144,953,600 144,953,600 1100,777,600 100,777,600 2 3 4 100,777,600 100,777,600 245,731,200 245,731,200 24 66,217,848.00 66,217,848.00-924.81-924.81-6,290.78-6,290.78 2,414,501.75 2,414,501.75 68,211.13 68,211.13 66,285,134.32 2,408,210.97 68,693,345.29 25 23,519,115.51 1,095,826.19 24,614,941.70 11,759,557.78 547,913.10 12,307,470.88 35,278,673.29 1,643,739.29 36,922,412.58 26 10,958,261.93 20,128,944.58 26,556,685.00 11,904,394.11 1,095,826.19 2,012,894.46 547,913.10 1,006,447.23 38

2004 12,286,600.00 2,457,312.00 23,584,607.64 26,556,685.00 27 243,884,995.77 151,764,897.32 194,508,558.01 138,408,083.46 49,376,437.76 13,356,813.86 27,391,934.84 12,858,331.43 21,583,659.53 10,352,369.30 5,808,275.31 2,505,962.13 271,276,930.61 164,623,228.75 216,092,217.54 148,760,452.76 55,184,713.07 15,862,775.99 2,069,380.09 1,880,156.06 1,775,716.85 625,636.92 293,663.24 1,254,519.14 265,219,804.84 161,110,936.84 211,879,395.27 147,002,641.70 53,340,409.57 14,108,295.14 3,987,745.68 1,632,135.85 2,437,105.42 1,132,174.14 1,550,640.26 499,961.71 271,276,930.61 164,623,228.75 216,092,217.54 148,760,452.76 55,184,713.07 15,862,775.99 1 91,815,125.20 33.85% 2 106,653,701.86 64.79% 67,331,764.78, 45.26%, 28 322,871.04 449,173.87 221,833.83 254,746.48 286,021.21 176,954.57 2,583.49 4,916.86 833,309.57 885,791.78 39

2004 29 2004 2003 9,193,202.07 8,916,150.67 277,051.40 8,555,454.82 8,302,537.48 252,917.34 261,427.35 22,985.75 238,441.60 11,000.00 555.50 10,444.50 85.47 85.47 9,454,629.42 8,939,136.42 515,493.00 8,566,540.29 8,303,092.98 263,447.31 30 17,281,287.01 10,916,427.46 58.31% 31 29,503,996.94 49,115,369.27 39.93% 32 6,889,713.72 10,346,572.22 382,081.38 261,262.77 2,571,282.41 1,295,797.15 6,100,000.00 4,200,000.00 38,449.99 234,280.19 51,987.87-1,890,919.89 4,641,500.17 6,532,420.06 40

2004 33 243,670.52-4,750,000.00 243,670.52-4,750,000.00 34 73,043,317.95 36,219.00 157,448.88 102,106.58 36,219.00 73,302,873.41 35 15,213,377.99 12,657,796.41 480,000.00 36 44,875,079.36 : 11,964,300.47 542,853.02 7,682,107.75 15,551,265.40 41

2004 : 1 1 1 102,167,920.86 68.64% 5,108,396.05 97,059,524.81 74,195,040.57 62.12% 3,709,752.03 70,485,288.54 1-2 33,773,827.38 22.69% 3,377,382.74 30,396,444.64 31,263,997.87 26.18% 3,126,399.79 28,137,598.08 2-3 5,113,781.75 3.44% 1,534,134.53 3,579,647.22 11,496,198.71 9.63% 3,448,859.61 8,047,339.10 3-4 5,344,368.52 3.59% 2,672,184.26 2,672,184.26 1,157,732.32 0.97% 578,866.16 578,866.16 4-5 1,132,102.32 0.76% 905,681.85 226,420.47 1,123,440.06 0.94% 898,752.05 224,688.01 5 1,318,200.06 0.88% 1,318,200.06 194,760.00 0.16% 194,760.00 148,850,200.89 100.00% 14,915,979.49 133,934,221.40 119,431,169.53 100.00% 11,957,389.64 107,473,779.89 (2) 52,772,453.47 35.45% (3) 2004 12 31 5% 5% 2 1 1 16,967,459.13 10.78% 16,967,459.13 115,207,056.69 81.35% 4,176,196.02 111,030,860.67 1-2 106,715,611.11 67.80% 106,715,611.11 12,535,039.21 8.85% 6,262,361.44 6,272,677.77 2-3 9,440,285.35 6.00% 19,856.32 9,420,429.03 7,600,319.77 5.37% 1,063,597.38 6,536,722.39 3-4 7,609,631.14 4.84% 1,063,597.38 6,546,033.76 226,903.07 0.16% 11,000.00 215,903.07 4-5 226,903.07 0.14% 89,800.00 137,103.07 700,754.90 0.50% 625,094.90 75,660.00 5 16,429,414.42 10.44% 16,402,954.42 26,460.00 5,347,858.28 3.77% 5,347,858.28 157,389,304.22 100.00% 17,576,208.12 139,813,096.10 141,617,931.92 100.00% 17,486,108.02 124,131,823.90 2 139,223,973.18 88.46% 3 2004 12 31 5% 5% 42

2004 3 : : 67,127,516.67 4,750,000.00 62,377,516.67 16,635,000.00 375,503.47 83,387,013.20 4,750,000.00 78,637,013.20 20,258,516.67 20,258,516.67 16,635,000.00 375,503.47 36,518,013.20 36,518,013.20 46,869,000.00 4,750,000.00 42,119,000.00 46,869,000.00 4,750,000.00 42,119,000.00 67,127,516.67 4,750,000.00 62,377,516.67 16,635,000.00 375,503.47 83,387,013.20 4,750,000.00 78,637,013.20 1 51 ( ) 51 80 90 % 1,678,411.50 1,397.35 1,679,808.85 ( ) 6,481,378.99 435,000.00-1,230,510.97 5,685,868.02 12,098,726.18 897,642.45 12,996,368.63 16,200,000.00-44,032.30 16,155,967.70 20,258,516.67 16,635,000.00-375,503.47 36,518,013.20 43

2004 778,046.82 846,600.00 55,162.03 1,679,808.85 ( ) 5,000,000.00 4,435,000.00-3,749,131.98 5,685,868.02 12,000,000.00 996,368.63 12,996,368.63 16,200,000.00-44,032.30 16,155,967.70 33,978,046.82 5,281,600.00-2,741,633.62 36,518,013.20 2 (%) 2,119,000.00 1.98 2,000,000.00 20 20,000,000.00 20 2,750,000.00 35 20,000,000.00 6.67 46,869,000.00 3 2,000,000.00 2,000,000.00 2,750,000.00 2,750,000.00 4,750,000.00 4,750,000.00 4 : : 240,279,738.87 4,522,681.67 3,497,946.12 241,304,474.42 115,932,891.55 3,649,098.84 507,460.00 119,074,530.39 31,257,772.12 221,529.34 1,637,578.96 29,841,722.50 70,067,244.57 57,979.67 639,255.80 69,485,968.44 7,974,042.28 304,228.00 307,333.94 7,970,936.34 15,047,788.35 289,845.82 406,317.42 14,931,316.75 62,357,957.72 11,284,199.56 199,702.15 73,442,455.13 13,991,666.69 2,670,211.42 3,942.18 16,657,935.93 13,093,036.13 1,710,135.48 38,043.34 14,765,128.27 25,719,950.58 5,954,688.90 33,625.20 31,641,014.28 2,208,993.53 416,502.81 90,378.45 2,535,117.89 7,344,310.79 532,660.95 33,712.98 7,843,258.76 177,921,781.15 167,862,019.29 101,941,224.86 102,416,594.46 44

2004 18,164,735.99 15,076,594.23 44,347,293.99 37,844,954.16 5,765,048.75 5,435,818.45 7,703,477.56 7,088,057.99 14,084,300.10 226,450.14 13,857,849.96 4,578,459.58 4,578,459.58 2,731,494.30 8,886.28 2,722,608.02 4,232,288.46 18,898.45 4,213,390.01 1,023,034.06 184,399.29 838,634.77 1,519,023.70 14,266.12 1,504,757.58 163,837,481.05 154,004,169.33 97,362,765.28 97,838,134.88 15,433,241.69 12,353,986.21 40,115,005.53 33,631,564.15 4,742,014.69 4,597,183.68 6,184,453.86 5,583,300.41 5 : : 8,385,619.99 8,385,619.99 8,385,619.99 6,151,584.00 6,151,584.00 6,151,584.00 1,975,891.41 1,975,891.41 1,975,891.41 16,513,095.40 16,513,095.40 16,513,095.40 / 6 1 243,118,764.01 151,764,897.32 197,163,959.16 138,408,083.46 45,954,804.85 13,356,813.86 3,420,076.60 1,800,603.15 1,619,473.45 246,538,840.61 151,764,897.32 198,964,562.31 138,408,083.46 47,574,278.30 13,356,813.86 45

2004 1,880,156.06 625,636.92 1,254,519.14 246,538,840.61 149,884,741.26 198,964,562.31 137,782,446.54 47,574,278.30 12,102,294.72 246,538,840.61 151,764,897.32 198,964,562.31 138,408,083.46 47,574,278.30 13,356,813.86 7 15,577,349.90 10,488,875.58 48.51% 8 22,482,438.32 43,752,226.19 48.61% 9-131,832.95-1,795,213.71-4,750,000.00-131,832.95-6,545,213.71 1. 46

2004 2 1,246,280,000.00 1,246,280,000.00 3 ( ) 144,953,600.00 58.99% 144,953,600.00 58.99% 4 5. 2004 2003 835,473.00 836,466.00 715,717.00 715,170.00 76,545.00 76,720.00 1,627,735.00 1,628,356.00 6. 79,090,316.47 70,855,169.21 1. 7,000 01 6 09 3 500 04 9 05 9 2,250 04 9 05 9 800 04 10 05 4 800 04 11 05 2 400 04 11 05 4 3,000 04 9 05 9 14,750 2. 47

2004 / / % % 54,351,403.50 14.50 14.52 0.221 0.221 9,972,532.44 2.66 2.66 0.041 0.041 10,958,261.93 2.92 2.93 0.045 0.045 2,275,137.32 0.61 0.61 0.009 0.009 1. -195,874.02-594,919.32 2. 6,100,000.00 4,200,000.00 3. 2,571,282.41 1,295,797.15 4. 73,134,889.38 73,043,317.95 91,571.43 5. 207,716.22 137,876.78 8,683,124.61 78,173,643.99 48 2005 4 6