2

000980 00 1

2

... 4... 5... 7... 12... 15... 17... 20... 30... 31 34... 79 3

HUANGSHAN JINMA CO.,LTD HSJM 0559-6537831 0559-6537888 zqb@hsjinma.com 245200 http://www.hsjinma.com jinma@hsjinma.com http://www.cninfo.com.cn 000980 1998 8 31 3400001300055 341021711767072 100 4

( ) 27,958,436.03 15,309,263.29 10,290,817.97 62,252,777.65 2,687,068.92 25,720,322.35 310,801.27 440,000.00 1,487,312.41 23,753,586.84-45,593,673.54 4,316,687.08 440,000.00 3,523,232.26 147,800.27 260,082.74 1,096,599.78 3,062,618.49 26,838.92 409,042.00 6,285,902.72 5,018,445.32 5

( ) 2006 2005 2004 344,971,505.86 247,118,567.45 175,333,598.34 15,309,263.29 10,101,511.16 8,563,806.01 747,649,147.96 703,650,741.74 678,390,278.45 419,757,431.46 404,448,168.17 394,346,657.01 ( ) 0.10 0.07 0.06 ( ) 0.10 0.07 0.06 ( ) 0.07-0.02 0.003 ( ) 0.07-0.02 0.003 2.80 2.70 2.63 2.78 2.67 2.60 0.16 0.21 0.12 % 3.65 2.50 2.17 ( ) 9 2006 % / 14.83 15.11 0.42 0.42 6.13 6.24 0.17 0.17 3.65 3.71 0.10 0.10 2.50 2.41 0.07 0.07 1 = / 2 = / 3 = - / 4 = / 6

5 = / 100% ( ) 150,000,000 305,225,090.65 6,087,536.32 6,087,536.33-62,951,995.13 404,448,168.17 0 0 6,087,536.33 15,309,263.29 15,309,263.29 0 0 0 6,087,536.33 0 0 150,000,000 305,225,090.65 12,175,072.65 0-47,642,731.84 419,757,431.46 2006 12 31 10 3.5 + - 92,000,000 61.33% 0 0 0-20,300,000-20,300,000 71,700,000 47.80% 1 0 0.00% 0 0 0 0 0 0 0.00% 2 326,350 0.22% 0 0 0-72,010-72,010 254,340 0.17% 3 91,673,650 61.12% 0 0 0-20,227,990-20,227,990 71,445,660 47.63% 91,673,650 61.12% 0 0 0-20,227,990-20,227,990 71,445,660 47.63% 0 0.00% 0 0 0 0 0 0 0.00% 7

4 0 0.00% 0 0 0 0 0 0 0.00% 0 0.00% 0 0 0 0 0 0 0.00% 0 0.00% 0 0 0 0 0 0 0.00% 58,000,000 38.67% 0 0 0 20,300,000 20,300,000 78,300,000 52.20% 1 58,000,000 38.67% 0 0 0 20,300,000 20,300,000 78,300,000 52.20% 2 0 0.00% 0 0 0 0 0 0 0.00% 3 0 0.00% 0 0 0 0 0 0 0.00% 4 0 0.00% 0 0 0 0 0 0 0.00% 150,000,000 100.00% 0 0 0 0 0 150,000,000 100.00% 7,500,000 5.00% 2008 4 7 1 7,500,000 5.00% 2009 4 7 55,377,431 36.92% 2010 4 7 2 508,680 0.34% 2007 4 7 3 305,209 0.20% 2007 4 7 4 214 254,340 0.17% 5 254,340 0.17% 2007 4 7 2007 4 7 1 2 1 5% 10% 8

3 2004 12 31 2.63 150% 3.95 1 2 3 1 21538 2 2006 12 31 % 1-19,925,549 70,377,431 46.92 2 +987,089 987,089 0.66 A 3-144,020 508,680 0.34 4 +205,730 442,330 0.30 A 5 +382,400 382,400 0.25 A 6 +370,000 370,000 0.25 A 7-86,411 305,209 0.20 8 +300,000 300,000 0.20 A 9 +74,957 289,121 0.19 A 10 +286,500 286,500 0.19 A 1 2 9

3 70,377,431 46.92% 1997 10 24 90% 10% 90 46.92% 1996 12 20 90% 10% 90% 46.92% 4 5 5% A 3200 21.33% 40,000,000 2004 7 12 2004 7 12 2004 7 12 10

B 1,000 1,450 2006 3 17 2006 3 17 C 2500 16.67% 3000 2005 4 25 2005 4 25 2005 4 25 2006 9 15 5500 2006 9 19 2007 3 15 6 10% 10% 3 1 987,089 A 2 442,330 A 3 382,400 A 4 370,000 A 5 300,000 A 6 289,121 A 7 286,500 A 8 280,000 A 9 277,300 A 10 264,900 A 11

44 2005.1 2008.1 42 2005.1 2008.1 52 2005.1 2008.1 44 2005.7 2008.1 34 2005.1 2008.1 56 2005.1 2008.1 55 2006.5 2008.1 29 2005.9 2008.1 29 2005.7 2008.1 41 2005.7 2008.1 43 2005.12 2008.1 33 2006.7 2008.1 40 2005.1 2008.1 34 2005.12 2008.1 32 2005.7 2008.1 2003 5 2005 1 2008 1 2004 3 2007 2 2005 1 2008 1 12

2005 1 2008 1,, 2002 12, 13

MOBIS 1 2003 6 1 2 37.776 ( ) 4.896 4.08 4.08 3.408 3.408 3.408 3.408 3.408 3.408 2.136 2.136 3 30,000 / 4 1 2006 1 24 2006 14

2 2005 3 2006 2006 12 31 2015 93 4.60% 1669 82.83 % 52 2.59% 170 8.44% 31 1.54% 184 9.13 % 15

2003 56 2005 37 1 7 7 0 0 7 6 1 0 3 3 0 0 2 16

1 2 3 4 5 2006 2006 2 26 4 91673650 61.12% 17

2006 2 27 2006 3 9 3 13 2006 3 13 1519 105,002,123 70% 41 1478 2006 3 14 2005 2005 2006 5 13 3 71,191,320 47.46 3 71,191,320 47.46 0 A 2005 B 2005 C 2005 D 2005 E 2005 F 18

G < > H < > I < > J < > K 2006 L 2006 5 16 2006 11 8 2006 55 73753487 49.17% 5 71700000 47.80 50 2053487 1.37 A B 2006 C D E F 2006 11 9 19

2006 2006 OEC ERP 1 344,971,505.86 62,252,777.65 15,309,263.29 A ( ) ( ) (%) % % % 206,443,690.39 161,374,165.63 21.83 42.10 33.24 4.74 38,483,299.41 36,657,038.57 4.75 3.92 3.80-0.95 100,044,516.06 83,582,866.64 16.45 54.38 49.05 2.98 42.10% 54.38% B ( ) % % % % 157,996,949.68 126,693,749.67 19.81 41.45 34.12 4.38 111,080,824.89 90,738,520.46 18.31 44.07 36.76 4.62 44,846,295.76 37,180,005.49 17.09 24.30 17.72 4.63 17,248,575.29 14,622,091.68 15.23-6.93-10.77 3.65 20

13,798,860.23 11,959,703.54 13.33 272.32 259.78 3.02 2006 10.2% 3.9% 2 50,612,245.28 18.07% 132,645,693.75 38.45% 3 2006 12 31 2005 12 ± (%) 31 ±% 9475.99 12.67 8071.50 1404.49 17.40 12671.94 16.95 8399.82 4272.12 50.86 30301.15 40.53 24638.72 5662.43 22.98 2584.20 3.46 3069.72-485.52-15.82 18295.00 24.47 15750.00 2545.00 16.16 74764.91 100 70365.07 4399.84 6.25 4272.12 2006 1-12 2005 1-12 ± ±% 1311.72 1040.89 270.83 26.02 1527.05 1354.72 172.33 12.72 1083.18 802.21 280.97 35.02 1175.31 492.45 682.86 138.67 280.97 682.86 21

1 2006 1-12 2005 1-12 ± ±% 2375.36 3180.82-805.46-25.32-8118.74 454.84-8573.58-1884.97 1184.91-2610.51 3795.42 145.39-8118.74 8573.58 1184.91 3795.42 2375.36 805.46 1530.93 844.43 4 1 7,300 91.78 2006 12 31 147,964,464.1 93,315,236.91 2006 100,044,516.06 16,014,517.76 7,935,840.94 2 24200 98.35 2006 12 5 1.65% 400 2006 12 31 332,725,633.06 287,802,001.76 2006 112,209,815.82 33,343,660.82 16,225,133.24 22

3 2005 7 29 33.63 3600 400 2006 12 31 53,727,078.00 37,989,584.89 2006 38,483,299.41-586,063.49 ( ) 1. 2. 3. 2007 2006 OA 23

4. 2007 7000 2007 5 5. 24

1 2006 12 31 419,757.43 1-2 - 3-4 - 5-6 - 7-8 - 9-10 - 11-12 2 1,058.37 13 3 11,468.70 14 2007 1 1 432,284.50 25

1 2000 5 5800 1 5.49, 31,842 30,681.79 2980 2293 12580 3101 9842 3273 50 1800 1800 27202 10467 A B 2005 7920 C D 2004 40 2970 2740mm 2995 E 3 40 2970 2970 2740mm 2995 1763 7920 4177 6317 6329 20202 15239 26

2006 12 31 2740mm 2006 12 31 40 2006 12 31 F 2006 2 26 2006 6329.16 3 10251 2006 12 31 3 2 2006 1 1 2006 1 24 2006 A B C 2006 2006 1 25 2 2006 2 26 2006 2006 2 28 3 2006 4 8 A 2005 27

B 2005 C 2005 D 2005 E 2005 F G H I J 2006 K 2005 2006 4 11 4 2006 4 21 2006 2006 4 22 5 2006 7 21 2006 A 2006 B C 2006 7 22 6 2006 10 20 A B 2006 C D 28

E F G 2006 2006 10 21 7 2006 10 20 2006 A 2006 B 2006 10 21 2 2006 15,309,263.39-62,951,995.13-47,642,731.84 2006 2006 12 31 305,225,090.65 2006 12 31 15,000 10 5 7,500 1 22,500 [2003]56 56 29

800 http://www.cninfo.com.cn [2007] 0186 2 1 2006 4 8 A 2005 B 2005 C 2005 D 2005 E 2005 F G H I 2 2006 7 21 3 3 2006 30

1 2 3 4 2006 3 13 2006 4 7 5% 10% 2004 12 31 2.63 150% 31

3.95 2006 5 10 2005 2006 2006 570,000 5 32

2006 4 7 33

[2007] 0188 2006 12 31 2006 2006 1 2 3 2006 12 31 34

2007 2 10 35

( ) 2006 12 31 2005 12 31 2006 12 31 2005 12 31 1 136,420,409.19 182,014,082.73 42,591,885.45 173,582,450.55 2 300,000.00 300,000.00 3 10,461,328.32 3,933,498.30 7,221,910.00 2,019,706.30 4 94,759,923.78 80,715,047.17.1 35,591,602.59 31,311,868.95 5 15,230,662.86 45,647,642.91.2 26,433,431.69 74,399,812.62 6 10,297,794.47 8,928,460.80 3,104,980.23 7 126,719,438.44 83,998,186.52 22,996,847.09 21,614,055.07 38,822.42 90,469.34 20,491.01-1,587,369.14 393,928,379.48 405,627,387.77 134,856,167.83 304,745,504.58 8 1,002,400.00 839,399.00.3 408,640,519.57 199,292,217.25 1,002,400.00 839,399.00 408,640,519.57 199,292,217.25 9 353,639,385.13 270,286,431.98 112,731,431.13 114,380,251.14 9 68,256,276.95 46,352,857.96 33,635,462.92 31,920,259.36 9 285,383,108.18 223,933,574.02 79,095,968.21 82,459,991.78 9 8,213,578.71 8,243,514.37 8,213,578.71 8,243,514.37 9 277,169,529.47 215,690,059.65 70,882,389.50 74,216,477.41 10 25,842,005.12 30,697,164.95 1,590,751.23 7,618,037.80 303,011,534.59 246,387,224.60 72,473,140.73 81,834,515.21 11 49,706,833.89 50,796,730.37 49,706,833.89 50,796,730.37 36

49,706,833.89 50,796,730.37 49,706,833.89 50,796,730.37 747,649,147.96 703,650,741.74 665,676,662.02 636,668,967.41 ( ) 2006 12 31 2005 12 31 2006 12 31 2005 12 31 12 182,950,000.00 157,500,000.00 174,950,000.00 150,500,000.00 13 3,340,000.00 5,411,000.00 3,340,000.00 3,411,000.00 14 61,929,730.86 61,348,257.34 23,785,249.63 29,411,771.91 15 2,664,414.50 472,871.82 971,570.78 1,364,941.53 936,309.78 1,325,702.38 135,693.52 348,133.15 16-12,903,809.73-10,041,354.11-16,142,772.73-15,213,997.87 17 85,837.59 91,076.49 27,087.79 35,109.08 18 19,734,917.82 15,449,935.45 3,884,172.35 13,648,982.97 854,040.91 911,048.05 79,800.00 79,800.00 19 50,000,000.00 50,000,000.00 310,563,012.51 233,833,478.95 240,059,230.56 182,220,799.24 20 5,860,000.00 50,000,000.00 5,860,000.00 50,000,000.00 50,000,000.00 50,000,000.00 37

316,423,012.51 283,833,478.95 245,919,230.56 232,220,799.24 11,468,703.99 15,369,094.62 21 150,000,000.00 150,000,000.00 150,000,000.00 150,000,000.00 21 150,000,000.00 150,000,000.00 150,000,000.00 150,000,000.00 22 305,225,090.65 305,225,090.65 305,225,090.65 305,225,090.65 23 12,175,072.65 12,175,072.65 12,175,072.65 12,175,072.65 23 6,087,536.33 6,087,536.33 24-47,642,731.84-62,951,995.13-47,642,731.84-62,951,995.13 419,757,431.46 404,448,168.17 419,757,431.46 404,448,168.17 747,649,147.93 703,650,741.74 665,676,662.02 636,668,967.41 2006 2005 2006 2005 25 344,971,505.86 247,118,567.45.4 94,233,874.57 89,288,269.28 26 281,194,070.84 212,105,068.55.5 83,151,691.70 78,291,095.37 27 1,524,657.37 881,079.94 417,721.00 304,141.93 62,252,777.65 34,132,418.96 10,664,461.87 10,693,031.98-28 2,687,068.92 4,447,365.36 2,011,476.31 2,753,801.08 29 13,117,202.17 10,408,897.33 5,520,120.81 6,444,278.37 30 15,270,511.91 13,547,227.29 6,553,721.53 7,358,206.55 31 10,831,810.14 8,022,083.81 8,028,655.51 6,749,727.35 25,720,322.35 6,601,575.89-7,426,559.67-7,105,379.21-32 310,801.27 374,993.66.6 22,989,659.23 8,728,397.97-33 440,000.00 38

34 4,576,769.82 9,083,492.77 354,275.40 9,032,856.40 35 3,089,457.41 561,829.41 608,111.67 554,364.00 27,958,436.03 15,498,232.91 15,309,263.29 10,101,511.16-11,753,120.01 4,924,507.48 896,052.73 472,214.27 15,309,263.29 10,101,511.16 15,309,263.29 10,101,511.16-2006 2005 1. 2. 3. 4. 5. 2006 2005 6. 2006 2005 2006 2005 15,309,263.29 10,101,511.16 15,309,263.29 10,101,511.16 25-62,951,995.13-73,053,506.29-62,951,995.13-73,053,506.29-47,642,731.84-62,951,995.13-47,642,731.84-62,951,995.13 39

-47,642,731.84-62,951,995.13-47,642,731.84-62,951,995.13-47,642,731.84-62,951,995.13-47,642,731.84-62,951,995.13 ( ) 372,004,756.52 94,983,054.16.36 49,596,952.91 36,710,952.91 421,601,709.43 131,694,007.07 323,662,476.64 71,607,563.31 22,702,426.59 4,496,905.00 30,826,841.12 7,163,349.44.37 20,656,378.24 8,469,920.87 397,848,122.59 91,737,738.62 23,753,586.84 39,956,268.45 300,000.00 300,000.00 147,800.27 147,800.27 19,261,210.00 4,343,210.00 40

.38 3,789,416.75 1,452,141.49 23,498,427.02 6,243,151.76 99,889,403.85 4,689,268.57 4,796,443.36 186,506,443.36 104,685,847.21 191,195,711.93-81,187,420.19-184,952,560.17 32,450,000.00 24,450,000.00 32,450,000.00 24,450,000.00 7,000,000.00 13,600,908.22 10,444,273.38 20,600,908.22 10,444,273.38 11,849,091.78 14,005,726.62-8,931.97-45,593,673.54-130,990,565.10 ( ) 1. 15,309,263.29 15,309,263.29 896,052.73-241,859.58-1,293,188.44 26,416,757.03 4,550,032.73 1,089,896.48 1,089,896.48 51,646.92-1,607,860.15-57,007.14 41

-3,673,526.69 261,755.68 10,010,151.47 7,677,591.89-310,801.27-22,989,659.23-42,509,103.05-449,193.24 26,543,192.90 54,935,128.34-12,190,534.35-17,527,498.90 23,753,586.84 39,956,268.45 - - 2. 3. 136,420,409.19 42,591,885.45 182,014,082.73 173,582,450.55-45,593,673.54-130,990,565.10 ( ) 11,960,826.96 8,888,116.20 1,051,328.86 7,661,372.63 4,952,091.31 771,182.78 42

4,299,454.33 3,936,024.89 280,146.08 5,251,235.03 4,231,417.30 909,489.59 909,489.59 5,251,235.03 4,231,417.30 909,489.59 909,489.59 163,001.00 163,001.00 163,001.00 163,001.00 8,243,514.37 8,243,514.37 6,814,794.67 6,814,794.67 1,428,719.70 1,428,719.70 ( ) * * * * 359,589.66 359,589.66 12,652,566.16 8,528,526.54 * * * * 312,340.94 312,340.94 8,120,214.47 4,639,750.37 * * * * 47,248.72 47,248.72 4,532,351.69 3,888,776.17 43

1,843,088.37 1,843,088.37 1,843,088.37 1,843,088.37 4,317,636.25 3,297,818.52 1,843,088.37 1,843,088.37 1,843,088.37 1,843,088.37 3,408,146.66 2,388,328.93 909,489.59 909,489.59 163,001.00 163,001.00 163,001.00 163,001.00 163,001.00 163,001.00 163,001.00 163,001.00 29,935.66 29,935.66 29,935.66 29,935.66 8,213,578.71 8,213,578.71 6,814,794.67 6,814,794.67 29,935.66 29,935.66 29,935.66 29,935.66 1,398,784.04 1,398,784.04 2006 2005 150,000,000.00 150,000,000.00-44

150,000,000.00 150,000,000.00 305,225,090.65 305,225,090.65 305,225,090.65 305,225,090.65 6,087,536.32 6,087,536.32 6,087,536.33 6,087,536.33 12,175,072.65 6,087,536.32 12,175,072.65 6,087,536.32 6,087,536.33 6,087,536.33 6,087,536.33-6,087,536.33 45

-62,951,995.13-73,053,506.29-15,309,263.29 10,101,511.16 - -47,642,731.84-62,951,995.13 2006 1 4,316,687.08 2 3 440,000.00 4 3,523,232.26 5 147,800.27 6 7 260,082.74 8 1,096,599.78 9 10 11 12 10,143,991.79 1 3,062,618.49 2 409,042.00 3 4 5 6 26,838.92 7 8 9 3,498,499.41 46

6,285,902.72 1,267,457.40 5,018,445.32 10,290,817.97 1998 269 2000 5 11 2000 5 19 A 5800 2000 6 1 3400001300055 15,000 1 2 3 4 5 47

, 6 7 1 5% 1-2 10% 2-3 20% 3-4 40% 4-5 75% 5 100% 8 48

9 10 49

10 20% 20% 20% 11 50

(%) ( ) (%) 3 20-40 4.85 2.43 3 5-14 19.40 6.93 3 8-12 12.13 8.08 12 3 13 51

10 14 15 16 52

17 18 53

19 50% 50% 1995 11 1996 2 1 17% 2 *1 7% 0.15% 5% 3% 1% *1 2006 12 8 3 33% 4 1 54

( ) (%) ( ) 7,300.00 91.78 7,310.16 24,200.00*1 100.00*2 27,187.99 4,000.00 90.00 3,600.00 *1 2005 8,000 24,200 *2 2005 95% 400 5% 2006 12 5 2 1 2006.12.31 2005.12.31 776,271.82 868,190.57 134,986,153.37 179,969,136.62 657,984.00 1,176,755.54 136,420,409.19 182,014,082.73 174 2 2006.12.31 2005.12.31 - - 300,000.00-30 55

3 2006.12.31 2005.12.31 10,461,328.32 3,933,498.30 5% 5% 4 2006.12.31 % 1 90,753,013.61 88.21 4,537,650.68 86,215,362.93 1-2 3,778,140.64 3.67 377,814.07 3,400,326.57 2-3 5,638,820.59 5.48 1,127,764.12 4,511,056.47 3-4 712,703.74 0.69 285,081.50 427,622.24 4-5 757,711.21 0.74 552,155.64 205,555.57 5 1,239,748.46 1.21 1,239,748.46-102,880,138.25 100.00 8,120,214.47 94,759,923.78 5% 5% 34,491,032.58 33.53% 2005.12.31 % 1 75,474,946.41 85.40 3,773,747.32 71,701,199.09 1-2 7,891,555.09 8.93 789,155.51 7,102,399.58 2-3 758,741.40 0.86 151,748.28 606,993.12 3-4 772,477.46 0.87 308,990.98 463,486.48 4-5 3,363,875.62 3.81 2,522,906.72 840,968.90 5 114,823.82 0.13 114,823.82-56

88,376,419.80 100.00 7,661,372.63 80,715,047.17 5 2006.12.31 (%) 1 7,909,700.88 40.02 395,485.04 7,514,215.84 1-2 2,305,795.71 11.67 221,927.43 2,083,868.28 2-3 1,376,899.86 6.97 275,379.98 1,101,519.88 3 8,170,618.10 41.34 3,639,559.24 4,531,058.86 19,763,014.55 100.00 4,532,351.69 15,230,662.86 5% 5% 11,025,149.97 55.79% * 1 6,800,000.00 2003 1,526,613.58 2006 1,036,423.39 2006 1,008,193.00 2006 653,920.00 2006 *1 3,018 3,000 2005.12.31 57

(%) 1 38,604,461.27 77.29 1,930,223.07 36,674,238.20 1-2 2,816,631.84 5.64 281,663.19 2,534,968.65 2-3 7,759,628.38 15.54 1,551,925.68 6,207,702.70 3 766,375.75 1.53 535,642.39 230,733.36 49,947,097.24 100.00 4,299,454.33 45,647,642.91 6 2006.12.31 2005.12.31 (%) (%) 1 8,881,339.62 86.24 8,857,496.15 99.21 1-2 1,404,490.20 13.64 69,038.15 0.77 2-3 10,038.15 0.10 1,926.50 0.02 3 1,926.50 0.02 - - 10,297,794.47 100.00 8,928,460.80 100.00 5% 5% 1,416,454.85 7 2006.12.31 25,749,224.24-25,749,224.24 60,418,076.92 3,408,146.66 57,009,930.26 12,390,635.04-12,390,635.04 30,124,953.07-30,124,953.07 1,010,543.99 909,489.59 101,054.40 58

1,343,641.43-1,343,641.43 131,037,074.69 4,317,636.25 126,719,438.44 2005.12.31 18,189,305.14-18,189,305.14 55,571,962.70 5,251,235.03 50,320,727.67 5,566,050.89-5,566,050.89 7,553,338.81-7,553,338.81 1,476,193.96-1,476,193.96 892,570.05-892,570.05 89,249,421.55 5,251,235.03 83,998,186.52 4,178.76 685 419 191 2,231.53 2006.1.1 2006.12.31 5,251,235.03-1,843,088.37 3,408,146.66-909,489.59-909,489.59 5,251,235.03 909,489.59 1,843,088.37 4,317,636.25 8 59

2006.12.31 2005.12.31 620,000.00-620,000.00 620,000.00-620,000.00 382,400.00-382,400.00 382,400.00 163,001.00 219,399.00 1,002,400.00-1,002,400.00 1,002,400.00 163,001.00 839,399.00 ( ) (%) 10 225,000,000 0.187 420,000.00-72,320,000 0.14 100,000.00-100,000,000 0.10 100,000.00 - - - 620,000.00 % 30,000 0.0315 38,400.00-177,450 0.0183 344,000.00 495,085.50 - - - 382,400.00 2006.1.1 2006.12.31 163,001.00-163,001.00-9 2006.1.1 2006.12.31 60

149,168,483.64 2,946,753.98 10,591,615.00 141,523,622.62 117,281,696.31 97,999,129.18 7,353,754.00 207,927,071.49 3,836,252.03 1,667,565.00 1,315,126.01 4,188,691.02 270,286,431.98 102,613,448.16 19,260,495.01 353,639,385.13 10,439,511.68 2,760,760.84 984,163.07 12,216,109.45 35,073,242.83 23,055,689.16 3,128,012.56 55,000,919.43 840,103.45 600,307.03 401,162.41 1,039,248.07 46,352,857.96 26,416,757.03 4,513,338.04 68,256,276.95 223,933,574.02 285,383,108.18 96,056,444.08 6,557,004.08 16,301,349.01 2,959,146.00 3,973,650.14 539,687.90 2006.1.1 2006.12.31 6,814,794.67 - - 6,814,794.67 1,428,719.70-29,935.66 1,398,784.04 8,243,514.37-29,935.66 8,213,578.71 8,000,000.00 13,391,856.10 61

10 2006.1.1 2006.12.31 7,618,037.80 2,806,079.30 911,229.00 7,922,136.87 1,590,751.23 *1 9,160,000.00 15,321,880.60 10,687,665.60 7,000,000.00 6,794,215.00 *2 2740mm 12,476,124.00 4,910,914.89 - - 17,387,038.89 40 1,221,550.65 2,070,575.33 3,155,950.98 136,175.00-3 - 81,288,398.50 81,218,398.50-70,000.00 221,452.50-83,200.00 138,252.50-30,697,164.95 106,397,848.62 96,056,444.08 15,196,564.37 25,842,005.12 * 1 7,922,136.87 6,683,244.50 * 2 7,000,000.00 2006.12.31 % *1 6,794,215.00 7,920.00 52.74 2740mm *2 17,387,038.89 2,994.98 58.88 40 *3-2,970.00 153.61 3 *4 70,000.00 10,251.00 91.00 *1 1,000 6,794,215.00 62

24,976,767.41 *2 248,700.00 17,387,038.89 *3 4,562.26 2,277.50 2,970 *4 9,328.84 8,121.84 7 1,200 6,329.16 11 2006.1.1 2006.1231 54,040,700.32 50,796,730.37-1,089,896.48 4,952,974.38 49,706,833.89 45.67 12 2006.12.31 2005.12.31 174,950,000.00 150,500,000.00 8,000,000.00 7,000,000.00 182,950,000.00 157,500,000.00 13 2006.12.31 2005.12.31 3,340,000.00 5,411,000.00 5% 5% 14 63

2006.12.31 2005.12.31 (%) (%) 1 54,687,480.68 88.30 51,268,700.84 83.57 1-2 5,084,781.77 8.21 6,491,236.08 10.58 2-3 1,087,815.02 1.76 2,011,805.23 3.28 3 1,069,653.39 1.73 1,576,515.19 2.57 61,929,730.86 100.00 61,348,257.34 100.00 5% 5% 3 1,069,653.39 15 2006.12.31 2005.12.31 (%) (%) 1 2,664,414.50 100.00 447,171.82 94.57 1-2 - - 25,700.00 5.43 2,664,414.50 100.00 472,871.82 100.00 5%( 5%) 16 2006.12.31 2005.12.31-13,642,607.89-12,697,161.65 33% -519,313.75 1,267,554.58 17% 370,973.76 84,357.04 7% 5% 16,980.72 28,607.16 672,026.73 1,210,500.00 5% 99,660.05 40,252.80 55,717.80 12,937.50 42,752.85 11,598.46-12,903,809.73-10,041,354.11 17 64

2006.12.31 2005.12.31 35,293.82 64,948.75 50,543.77 26,127.74 0.6 85,837.59 91,076.49 18 2006.12.31 2005.12.31 (%) (%) 1 15,059,375.70 44.19 6,840,284.87 71.33 1-2 2,590,000.50 45.24 909,650.58 9.49 2-3 245,541.62 1.24 1,840,000.00 19.18 3 1,840,000.00 9.33 - - 19,734,917.82 100.00 9,589,935.45 100.00 46.92% 806,701.55 7,335,927.31 1,004.49 716.52 7,335,927.31 2006 2,000,000.00 2006 1,789,000.00 2005/2006 19 2006.12.31 2005.12.31 50,000,000.00-20 2006.12.31 2005.12.31 65

- 50,000,000.00 *1 5,860,000.00 5,860,000.00 5,860,000.00 55,860,000.00 *1 15 0.3 21 2006.1.1 + - (%) 2006.12.31 (%) 1 9,200.00 61.33 - -9,200.00 - - -9,200.00 - - 32.635 0.22 - -32.635 - - -32.635 - - 9,167.365 61.11 - -9,167.365 - - -9,167.365 - - - - - - - - - - - 2 - - - - - - - - - 9,200.00 61.33 - -9,200.00 - - -9,200.00 - - - - - 7,170.00 - - 7,170.00 7,170.00 47.80 - - - 7,170.00 - - 7,170.00 7,170.00 47.80 5,800.00 38.67-2,030.00 - - 2,030.00 7,830.00 52.20 5,800.00 38.67-2,030.00 - - 2,030.00 7,830.00 52.20 15,000.00 100.00 15,000.00 100.00 2006 3 13 10 3.5 2,030 22 2006.1.1 2006.12.31 297,777,896.35 - - 297,777,896.35 3,408,586.52 - - 3,408,586.52 66

4,038,607.78 - - 4,038,607.78 305,225,090.65 - - 305,225,090.65 23 2006.1.1 2006.12.31 6,087,536.32 6,087,536.33-12,175,072.65 6,087,536.33-6,087,536.33-12,175,072.65 6,087,536.33 6,087,536.33 12,175,072.65 2006 67 24 2006 2005-62,951,995.13-73,053,506.29 15,309,263.29 10,101,511.16 - - - - - - -47,642,731.84-62,951,995.13 25 2006 2005 *1 206,443,690.39 145,286,246.22 38,483,299.41 37,029,955.53 100,044,516.06 64,802,365.70 344,971,505.86 247,118,567.45 *1 9,785 3 4,161 67

3,524 132,645,693.75 38.45% 26 2006 2005 161,374,165.63 121,108,248.59 36,237,038.57 34,920,455.03 83,582,866.64 56,076,364.93 281,194,070.84 212,105,068.55 2006 2005 63,777,435.02 35,013,498.90 % 18.49 14.17 27 2006 2005 914,428.93 516,215.80 7% 5% 610,228.44 364,864.14 1,524,657.37 881,079.94 28 2006 2005 270,846.59 1,327,661.21 1,782,500.23 2,268,188.91 524,424.27 759,489.64 109,297.83 92,025.60 2,687,068.92 4,447,365.36 2006 39.58% 68

29 2006 2005 13,117,202.17 10,408,897.33 3.80% 4.21% 30 2006 2005 15,270,511.91 13,547,227.29 4.43% 5.48% 31 2006 2005 13,873,175.39 9,281,188.63 3,789,416.75 2,203,994.20 10,859.91 - - - 737,191.59 944,889.38 10,831,810.14 8,022,083.81 2,809,726.33 32 2006 2005 147,800.27 - - 411,666.66 163,001.00-36,673.00 310,801.27 374,993.66 33 2006 2005 200,000.00-69

240,000.00-440,000.00-34 2006 2005 4,316,687.08 4,996,863.49-4,032,323.72 237,687.41 41,209.36 22,395.33 13,096.20 4,576,769.82 9,083,492.77 450.67 403.23 35 2006 2005 643,160.39 496,752.60 2,419,458.10-9,223.85 3,669.06 17,615.07 61,407.75 3,089,457.41 561,829.41 36 30,000,000.00 7,067,000.00 7,809,952.91 4,280,000.00 440,000.00 49,596,952.91 37 70

4,662,027.79 2,168,970.30 2,000,017.72 1,863,048.29 1,623,894.81 1,593,286.39 1,235,381.53 5,509,751.41 20,656,378.24 38 266,184.49 3,523,232.26 3,789,416.75 1 2006.12.31 (%) 1 31,934,234.34 79.38 1,584,133.52 30,350,100.82 1-2 1,352,377.97 3.36 135,237.80 1,217,140.17 2-3 4,252,187.24 10.57 850,437.45 3,401,749.79 3 2,692,553.41 6.69 2,069,941.60 622,611.81 40,231,352.96 100.00 4,639,750.37 35,591,602.59 5% 5% 20,208,563.99 50.23% 2005.12.31 71

(%) 1 25,400,433.62 70.04 1,270,021.68 24,130,411.94 1-2 5,871,218.34 16.19 587,121.83 5,284,096.51 2-3 741,131.40 2.04 148,226.28 592,905.12 3 4,251,176.90 11.73 2,946,721.52 1,304,455.38 36,263,960.26 100.00 4,952,091.31 31,311,868.95 2 2006.12.31 (%) 1 20,630,544.66 68.04 76,290.02 20,554,254.64 1-2 888,061.12 2.93 88,806.11 799,255.01 2-3 722,863.98 2.38 144,572.8 578,291.18 3 8,080,738.1 26.65 3,579,107.24 4,501,630.86 30,322,207.86 100.00 3,888,776.17 26,433,431.69 8,080,000.00 26.65% 2005.12.31 (%) 1 68,379,961.90 87.29 1,728,457.67 66,651,504.23 1-2 1,519,751.48 1.94 151,975.15 1,367,776.33 2-3 7,739,748.38 9.88 1,547,949.68 6,191,798.70 3 696,375.75 0.89 507,642.39 188,733.36 78,335,837.51 100.00 3,936,024.89 74,399,812.62 3 2006.12.31 2005.12.31 72

407,638,119.57-407,638,119.57 198,452,818.25-198,452,818.25 620,000.00-620,000.00 620,000.00-620,000.00 382,400.00-382,400.00 382,400.00 163,001.00 219,399.00 408,640,519.57-408,640,519.57 199,455,218.25 163,001.00 199,292,217.25 209,185,301.32 181,710,000.00 4,796,443.36 22,678,857.96 ( ) % 2006.12.31 91.78 73,101,565.15 7,284,281.79 12,543,926.26 85,645,491.41 100.00 271,879,968.45 15,922,033.31 15,922,033.31 287,802,001.76 20 90.00 36,000,000.00-527,457.14-1,809,373.60 34,190,626.40 380,981,533.60 22,678,857.96 26,656,585.97 407,638,119.57 ( ) (%) 10 225,000,000.00 0.187 420,000.00-72,320,000.00 0.14 100,000.00-100,000,000.00 0.10 100,000.00 % 30,000 0.0315 38,400.00-177,450 0.0183 344,000.00 495,085.50 73

2006.1.1 2006.12.31 163,001.00-163,001.00-4 2006 2005 94,233,874.57 58,681,021.15-30,607,248.13 94,233,874.57 89,288,269.28 60.59% 2005 2005 2005 10 58,984,183.95 62.59% 5 2006 2005 83,151,691.70 49,279,801.41-29,011,293.96 83,151,691.70 78,291,095.37 6 2006 2005 22,678,857.96 8,353,404.31 147,800.27 - - 411,666.66 163,001.00-36,673.00 22,989,659.23 8,728,397.97 74

1 2006.1.1 2006.12.31 13,000.00 - - 13,000.00 10,180.00 - - 10,180.00 2006.1.1 *1 2006.12.31 (%) (%) (%) (%) 9,030.298 60.20 - - 1,992.5549 13.28 7,037.7431 46.92 * 1 2 1 (1) 75

(2) 2006 2005 16,156,661.42 6,486,086.03 2 2006.12.31 2005.12.31 806,701.55 14,288.78 7,335,927.31 170,711.13 0.08 116,956.84-1,003,591.12 3 (1) 2006 12 31 17,495 5,000 2006 12 31 800 2003 5 1 2006 12 31 16 155,305.08 2006 8 128 2004 12 25 15,583.29 2007 12 31 2004 12 31 2005 45 / 701,248.05 2006 12 5 76

4,796,443.36 2006 11 30 2006 20.28 2005 15.93 2006 12 31 2006 12 31 2007 2 10 1 2007 2 10 15,000 10 5 7,500 1 22,500 2 2007 2 10 2007 A 1 22,500 22,500 3 2006 2 15 [2006]3 1 --- 38 2007 1 1 2007 1 1 77

2007 1 1 1,058,373.51 999,158.07 59,215.44 2006 12 31 11,468,703.99 2007 1 1 11,468,703.99 59,215.44 11,527,919.43 4 2007 1 26 680 2007 2 10 70,377,431 2006 12 31 6,700 4,200 2,500 1 2 3 4 78

1 2 3 00 79