2003 2003 DATANG TELECOM TECHNOLOGY CO., LTD 2004 4 16
2003 1
2003 3 4 6 9 12 14 16 31 32 35 62 2
2003 DATANG TELECOM TECHNOLOGY CO., LTD DATANG TELECOM 40 0086-10-62303607 0086-10-62303607 dtt@datang.com qixiubin@datang.com 40 40 100083 http://www.datang.com dtt@datang.com http://www.sse.com.cn 40 600198 1998 9 21 2000 11 21 1100001520035 110108633709976 2006 3
2003 1,443,733.22 1-175,940,106.62 2-186,830,650.63 3-191,859,107.25 4 501,375,397.20 5 211,025.93 6-212,571,792.77 7 4,046,840.67 8 32,192,041.50 9 392,803.98 10-155,444,624.49 11-15,890,724.14 1,050,929.24 1,606,000.00 2,480,000.13 549,652.51 2003 2002 2001 1,763,831,567.53 2,091,403,076.76 2,091,403,076.76 2,051,455,333.83-186,830,650.63 2,263,474.93 22,806,858.61 37,564,878.92 5,761,732,132.48 5,573,840,828.99 5,592,030,410.91 5,041,600,785.80 1,725,245,955.17 1,912,076,605.80 1,942,905,261.00 1,902,213,130.87-0.4256 0.0052 0.0520 0.0856 ( ) -0.4256 0.0052 0.0520 0.0856 4
2003 ( -0.4371-0.0038 0.0142 0.0266 ) 3.9301 4.3557 4.4259 4.3332 3.1152 4.0496 4.2539 4.2129-0.35-1.85-1.93-0.06 % -10.83 0.12 1.17 1.97 % -10.27 0.12 1.19 1.95 9 % % / 29.06 27.57 1.1421 1.1421-12.34-11.71-0.4851-0.4851-10.83-10.27-0.4256-0.4256-11.12-10.55-0.4371-0.4371 : 438,986,400 1,308,641,045.91 59,839,287.96 29,919,643.98 104,609,871.93 1,912,076,605.80 0 0 0 0-186,830,650.63-186,830,650.63 0 0 0 0 0 0 438,986,400 1,308,641,045.91 59,839,287.96 29,919,643.98-82,220,778.70 1,725,245,955.17 5
2003 + - 1. 273,612,650 0 0 0 0 0 0 273,612,650 239,952,731 0 0 0 0 0 0 239,952,731 33,659,919 0 0 0 0 0 0 33,659,919 0 0 0 0 0 0 0 0 2. 0 0 0 0 0 0 0 0 3. 0 0 0 0 0 0 0 0 4. 0 0 0 0 0 0 0 0 273,612,650 0 0 0 0 0 0 273,612,650 1. 165,373,750 0 0 0 0 0 0 165,373,750 2. 3. 4. 0 0 0 0 0 0 0 0 165,373,750 0 0 0 0 0 0 165,373,750 438,986,400 0 0 0 0 0 0 438,986,400 1 1998 8 7 10000 9000 1000 5.98 1998 10 21 1998 12 21 1500 1999 4 21 1000 31300 31.95% 2 1999 [2000]41 [2000]46 1999 12 6
2003 31 31300 10:3 3208.64 208.64 3000 26 / 2000 6 14 2000 6 15 2000 7 12 3000 34508.64 37.67% 3 2000 2000 6 30 31300 10 3 2000 10 3 34508.64 10 2.721 93,900,000 2000 10 17 2000 10 18 2000 10 18 43898.64 37.67% 4. 96907 + - % 16973 0 38.67 3461 0 7.88 ITTI 3365 0 7.67 ( ) 1010 0 2.30 662 0 1.51 646 0 1.47 414 0 0.94 165 0 0.38 165 0 0.38 165 0 0.38 165 0 0.38 1 10 2 10 ITTI 38.67% 7
2003 1957 2001 1 20 52327 10% A B H ( ) 942267 A 684202 A 486814 A 461779 A 395080 A 360000 A 305900 A UBS LIMITED 300000 A 289210 A 285099 A 8
2003 59 2001.9-2004.9 16537 16537 46 2001.9-2004.9 16537 16537 ITTI 48 2003.4-2004.9 10177 10177 66 2001.9-2004.9 0 0 45 2002.10-2004.9 0 0 40 2003.6-2004.9 0 0 56 2003.6-2004.9 0 0 45 2003.6-2004.9 0 0 46 2003.6-2004.9 0 0 56 2003.6-2004.9 0 0 52 2001.9-2004.9 10177 10177 59 2001.9-2003.12 13230 13230 54 2001.9-2004.9 0 0 42 2001.9-2004.9 9922 9922 53 2001.9-2004.9 0 0 40 2003.6-2004.9 0 0 39 2001.9-2004.9 0 0 45 2002.5-2004.9 9922 9922 2001.12-2004.9 37 2001.9-2004.9 0 0 9
2003 2001.9-2004.9 65 2001.9-2004.9 16537 16537 30 2001.9-2004.9 0 0 42 2001.9-2004.9 0 0 ITTI 50 2001.9-2004.9 0 0 45 2001.9-2004.9 8269 8269 46 2001.9-2004.9 0 0 2003.1-2004.9 49 2001.12-2004.9 0 0 48 2003.1-2004.9 0 0 35 2003.1-2004.9 0 0 2003.4-2004.9 36 2003.1-2004.9 0 0 45 2001.12-2004.9 10000 10000 45 2001.12-2004.9 5320 5320 51 2001.12-2004.9 0 0 36 2003.1-2004.9 0 0 49 2003.1-2004.9 0 0 2000 2001 10
2003, 34 34 2003 339.05 15 ( 15 ) 25 13 5 5 15 3 5 18 2003 2.5 2003 2.5 2003 2003 6 2003 12 14583.3 2003 2003 6 2003 12 14583.3 2003 2003 6 2003 12 14583.3 2003 2003 6 2003 12 14583.3 2003 2003 6 2003 12 14583.3 37.5 71.6 1 2003 4 19 2 2003 6 2 3 2003 4 20 1 2003 1 6 2003 1 27 2004 9 20 2 2003 4 20 2003 4 21 2004 9 20 2003 12 31 3482 1134 1002 621 725 27 347 11 1827 1270 11
2003 12
2003 1 2 3 4 5, 13
2003 14 2002 2003 4 22 2002 2003 6 18 2002 40 315 10, 266,874,817 438,986,400 60.7934% 2002 2002 2002 2002 2002 < > 2003 6 19 2003 2003 4 9 2003 2003 5 9 2003 40 315 8, 233,209,513 438,986,400 53.1245% SCDMA 2003 5 13 1 2003 4 19
2003 2 2003 6 2 3 2003 6 18 2002 2003 6 18 2004 9 20 15
2003 1 SP30iEx SCDMA SOC 2 2003 2003 2215 2002 2003 2003 1,763,831,567.53-175,940,106.62-186,830,650.63 1 268,901,706.23 76,779,412.44 242,068,584.90 42,487,618.97 210,824,490.70 23,549,095.61 306,078,119.27 83,687,336.53 705,512,071.90 279,335,474.05 30,446,594.53 5,781,600.44 2 712,417,589.11 170,980,221.39 1,009,818,583.41 325,665,974.45 41,595,395.01 14,974,342.20 3 2003 2003 16
2003 SCDMA 2003 2.5 SP30Iex OpenSP SS3000 2002 ITI 45 CKD SCDMA SCDMA SCDMA CDMA SIM /UIM SIM UIM UIM SOC 2004 2003 1 1993 4 39,239.81 99% 181,294.23 17
2003 37,226.45 11,844.40 2 2001 3 6,000 85% 10% 53,020.78 53,255.41 17,962.45 3 2001 3 5,000 90% 20,360.66 12,852.72 3.89 4 1997 11 408.88 87.48% 3,370.91 878.35-162.83 5 1999 12 2,000 75% 4464.06 3,760.31 51.91 6 2000 4 200 50% 838.62 990.48 232.37 96 2 82,889.70 65.09% 72,232.94 40.95% 1. 2. 3. 1. 2. 3. 4. 18
2003 5. 6. 1. 1 19200 19210.50 19200.00 2 IP 6200 6234.30 6200.00 3 8500 8762.48 8500.00 4 SDH 4000 4035.08 4000.00 5 4000 4556.14 4000.00 6 3000 2762.21 2762.21 7 IP 5000 5009.59 5000.00 8 IP 3000 3053.36 3000.00 9 3000 3002.25 3000.00 10 SIM 3178 3200.37 3178.00 11 CDMA UIM 5900 5892.90 5892.90 12 6990 7724.56 6990.00 13 3820 3056.00 3056.00 14 563.23 1572.12 1572.12 76351.23 78071.85 76351.23 2003 12 31 78,069.61 76,351.23 76,351.23 7,450.30 2. 1 100 16870 4816 2 IP 100 9072 1633 3 100 6751 4 SDH 100 25316 6368 5 100 50691 13328 6 100 3159 1124 7 IP 100 9327 1768 8 IP 100 14121 1004 9 100 2011 986 10 SIM 100 60971 24138 11 CDMA UIM 100 4824 1910 12 100 1936 203 13 100 205049 57278 19
2003 2002 ERP 3. WCDMA NODEB WCDMA MSC RNC 2002 3154.00 3596.53 2002 11 22 11 28 2002 12 30 2002 1. 2002 12 26 80% 3500 2003 12 31 3200 2 2003 4 19 3666.3 2003 12 3 9 397.4 3. 2002 12 16 1445.4919 6.427% 2990 3.165% 490 [2003]127 1070 3.165% 2003 2002 (%) 5,761,732,132.48 5,573,840,828.99 5,592,030,410.91 3.37 2,370,941,672.68 2,630,180,797.19 2,652,640,879.11-9.85 1,500,656,971.51 1,246,561,864.45 1,242,291,364.45 20.38 20
2003 36,906,691.44 68,729,790.62 68,729,790.62-46.30 613,174,753.64 590,408,835.30 590,408,835.30 3.85 217,600,000.00 557,000,000.00 548,000,000.00-60.93 1,725,245,955.17 1,912,076,605.80 1,942,905,261.00-9.77 1,763,831,567.53 2,091,403,076.76 2,091,403,076.76-15.66 501,375,397.20 565,260,893.88 565,260,893.88-11.30-186,830,650.63 2,263,474.93 22,806,858.61-8354.15 1 2 3 4 5 6 7 30 1 201 2 135 3 46 4 87 5 64 6 46 7 294 8 2002 2002 2002 1 2002 23,642,191.50 2002 6 27 2 1 2 2 21
2003 23,642,191.50 2002 1,182,109.58 2 1 2002 12,639,073.27 2003 1.13 2002 12,639,073.27 12,639,073.27 3 2002 2001 2002 966,692.42 4 [1999]355 [1999]491 SIM SIM 4,500,000.00 2002 4,500,000.00 4,270,500.00 5-2002 9,318,579.10 2002 2,263,474.93-2,054,338.37-2,054,338.37 16,434,706.94 20,543,383.68 2002 2004 1 2 3 22
2003 4 5 6 7 8 1 2003 1 3 1 10 2 2003 1 20 1 26 2003 1 28 3 2003 3 27 4 4 1 2 3 35 2 4 11 SCDMA 2003 2003 4 9 4 2003 4 19 40 320 1 2002 2002 2 2002 3 2002 4 2002 5 2002 6 7 8 9 23
2003 10 11 12 13 2002 2003 4 22 5 2003 4 20 1 2 2003 4 21 2004 9 20 2003 4 22 6 2003 4 25 4 28 2003 2003 4 29 7 2003 5 20 5 22 8 2003 5 30 6 2 1 2 3 4 2003 6 4 9 2003 7 17 7 21 10 2003 8 11 8 13 1 2003 2 2003 3 2003 2003 8 15 11. 2003 9 15 9 18 1 2 3 4 12 2003 9 27 9 30 2003 10 10 13 2003 10 21 10 23 24
2003 2003 2003 10 24 14 2003 10 27 10 28 2003 10 30 15 2003 12 3 12 9 1 2 3 4 2004 5 2003 2004 6 2003 7 2003 ITTI 8 2003 12 12 16 2003 12 26 12 30 1 2 2004 2004 1 3 2002 2002 2003 SCDMA 2003 2003-175,940,106.62-186,830,650.63 104,609,871.93-82,220,778.70 2003 2003 1 25
2003 2003 2003 2003 56 (2003)26 2003 1 26
2003 20% 20% 37% 2 2002.12.31 2003.12.31 15,900,000.00 15,000,000.00 900,000.00 3,839,310.00 3,839,310.00 19,739,310.00 15,000,000.00 4,739,310.00 4,638,301.00 1,612.11 3,949,813.11 690,100.00 3,997,827.20 115,002,172.80 65,219,973.80 53,780,026.20 980,350.00 33,000,000.00 980,350.00 33,000,000.00 1,793,321.77 72,613,257.73 70,998,732.61 3,407,846.89 11,409,799.97 220,617,042.64 141,148,869.52 90,877,973.09 33,793,342.18 722,274.00 722,274.00 33,793,342.18 16,325,418.10 16,325,418.10 2,928,886.23 27,118,244.00 5,785,617.45 24,261,512.78 6,505,230.50 220,968.00 100,000.00 6,626,198.50 12,234,046.60 18,356,217.44 23,917,629.90 6,672,634.14 30,174,845.40 28,353,241.20 25,766,000.00 32,762,086.60 1,296,282.89 550,627.62 488,601.31 1,358,309.20 1,300,957.00 3,000.00 3,000.00 1,300,957.00 753,959.98 5,941.00 5,941.00 753,959.98 14,012,329.46 16,433,311.27 15,755,247.26 14,690,393.47 ( ITTI) 345,089.15 345,089.15 815,994.00 815,994.00 27
2003 119,670,387.49 92,579,818.53 73,360,304.92 138,889,901.10 123,213,328.50 89,297,898.96 36,160,978.96 176,350,248.50 4,795,185.91 20,048.60 16,107.00 4,799,127.51 2,300,000.00 2,300,000.00 7,000,000.00 7,000,000.00 10,424,408.00 363,975.00 921,634.46 9,866,748.54 482,312.05 482,312.05 776,452.57 22,362,299.83 23,138,752.40-2,139,900.00-2,139,900.00 146,691,687.03 116,484,122.39 60,237,472.82 202,938,336.60 2003 12 31 1 2 2004 2 26 28
1 2002-12-31 2003-12-31 2003 2003 15,900,000.00 15,000,000.00 900,000.00 3,839,310.00-3,839,310.00 19,739,310.00 15,000,000.00 4,739,310.00 4,638,301.00 1,612.11 3,949,813.11 690,100.00 3,997,827.20 115,002,172.80 65,219,973.80 53,780,026.20 980,350.00 33,000,000.00 980,350.00 33,000,000.00 1,793,321.77 72,613,257.73 70,998,732.61 3,407,846.89 11,409,799.97 220,617,042.64 141,148,869.52 90,877,973.09 33,793,342.18 722,274.00 722,274.00 33,793,342.18 16,325,418.10 16,325,418.10 2,928,886.23 27,118,244.00 5,785,617.45 24,261,512.78 6,505,230.50 220,968.00 100,000.00 6,626,198.50 12,234,046.60 18,356,217.44 23,917,629.90 6,672,634.14 30,174,845.40 28,353,241.20 25,766,000.00 32,762,086.60 1,296,282.89 550,627.62 488,601.31 1,358,309.20 1,300,957.00 3,000.00 3,000.00 1,300,957.00 753,959.98 5,941.00 5,941.00 753,959.98 14,012,329.46 16,433,311.27 15,755,247.26 14,690,393.47
( ITTI) 345,089.15 - - 345,089.15-815,994.00 815,994.00-119,670,387.49 92,579,818.53 73,360,304.92 138,889,901.10 123,213,328.50 89,297,898.96 36,160,978.96 176,350,248.50 4,795,185.91 20,048.60 16,107.00 4,799,127.51 2,300,000.00 2,300,000.00 7,000,000.00 7,000,000.00 10,424,408.00 363,975.00 921,634.46 9,866,748.54 482,312.05 482,312.05 776,452.57 22,362,299.83 23,138,752.40-2,139,900.00-2,139,900.00 146,691,687.03 116,484,122.39 60,237,472.82 202,938,336.60 1 2 1
2 2002-12-31 2003-12-31 1 2 3 2
2003 2 [2003]56 2003 12 31 72,221.48 96,971.48 56% 50% 70 76,918.93 [2003]56 99% 79.32% [2003]56 1) SCDMA 2) 3) 30
2003 2003 ( ) 2003 4 19 1 2002 2 2002 3 2003 2003 8 11-13 2003 ( ) 2003 2003 1 2 2003 2003 3 2000 4 5 6) 2003 31
2003 ( ) ( ) ( ) 2000-12-20 10000 2000-12-20 2004-6-23 2002-1-4 3300 2002-1-4 2004-7-20 2002-1-4 3500 2002-1-4 2005-7-20 2002-1-4 3000 2002-1-4 2006-7-20 2003-3-14 6000 2003-3-14 2004-3-10 2003-3-31 2000 2003-3-31 2004-3-30 2003-4-18 20000 2003-4-18 2004-4-18 2003-4-22 5000 2003-4-22 2004-4-21 32
2003 2003-6-9 4000 2003-6-9 2004-6-1 2003-7-25 994.51 2003-7-25 2004-1-24 2003-8-26 1033.35 2003-8-26 2004-2-25 2003-9-24 1042.85 2003-9-24 2004-3-23 2003-9-30 6000 2003-9-30 2004-9-29 2003-10-31 3000 2003-10-31 2004-10-27 2003-11-5 5000 2003-11-5 2004-11-5 2003-11-25 1048.22 2003-11-25 2004-5-24 2003-12-6 2000 2003-12-6 2004-12-5 2003-1-27 1300 2003-1-27 2004-1-27 2003-6-24 310 2003-6-24 2004-6-23 2003-8-28 750 2003-8-28 2004-8-27 2003-9-23 680 2003-9-23 2004-1-23 2003-9-26 160 2003-9-26 2004-1-26 2003-10-30 67.19 2003-10-30 2004-4-30 2003-10-31 1400 2003-10-31 2004-10-30 2003-12-1 60 2003-12-1 2004-3-1 2003-12-29 500 2003-12-29 2004-3-29 85,146.12 62,346.12 70% 76,918.93 ( ) ( ) 1.1 CDMA 1.7 CDMA 5% 1998 2003 2004 2003 33
2003 2004 2 7 2003 2002 42 2002 23 65 2003 8 19 34
2003 [2004]4345 [2004]4345 2003 12 31 2003 2003 2003 12 31 2003 2004 2 26 35
2003 2003 [1998]326 A 1998 543 ( ) ITTI 13 [1998]211 [1998]212 A A 10,000 1,000 1998 9 21 31,300 1999 [2000] 46 1999 31,300 10 3 2000 9 2000 2000 6 30 31,300 10 3 438,986,400.00 40 : IP 1. 2. 1 1 12 31 36
2003 3. 4. 5. 6. 7., % 1 0.50 1-2 2 2-3 5 3-4 30 4-5 50 5 100 8. (1) (2) (3) 9. (1) (2) 37
2003 38 10. (1) 50% 50% 20% 20% 50% 20% (2) (3) 11., 2,000.00 4% 10% 12. (1) (2) 3 13. (1) (2) 14. 15.
2003 16. 17. 2003 18. (1) (2) % 99.00% 38,847.41 95.00% 2,276.20 87.48% 350.00 75.00% 1,352.18 85.00% 5,102.93 90.00% 4,248.08 (3) % 17 5 5 7 3 15 24 33 2. GF1717 15% GF2011 15% GF2012 15% 1998 080 07-00382 15% (1998) 24 06-N80502 15% 39
2003 1998 4 13 06-N60157 15% 2001 172 2001 4 1 2003 12 31 2001 173 2001 4 1 2003 12 31 1 : % 392,398,051.93 388,474,070.50 99.00 32,000,000.00 22,761,969.90 95.00 4,088,810.00 3,500,000.00 87.48 20,000,000.00 13,521,764.70 75.00 60,000,000.00 51,029,260.09 85.00 50,000,000.00 42,480,836.39 90.00 2. 50% * 50% 96 2 52% 1. 2003-12-31 2002-12-31 1,593,557.59 739,183.51 483,161,652.45 503,450,194.96 118,963,615.94 115,420,171.65 603,718,825.98 619,609,550.12 40
2003 2. 2003 12 31 80,372,583.31 29,619,310.34 50,753,272.97 80,372,583.31 3. 2003-12-31 1 1,015,386,083.50 49.39% 5,076,930.42 1,010,309,153.08 1-2 535,388,709.38 26.04% 10,707,774.19 524,680,935.19 2-3 252,977,055.60 12.31% 12,648,852.78 240,328,202.82 3 251,991,689.05 12.26% 31,315,664.04 220,676,025.01 2,055,743,537.53 100% 59,749,221.43 1,995,994,316.10 2002-12-31 1 1,812,405,974.31 75.77% 9,062,029.87 1,803,343,944.44 1-2 259,493,726.12 10.85% 5,189,874.52 254,303,851.60 2-3 232,021,567.98 9.70% 11,601,078.40 220,420,489.58 3 88,107,065.50 3.68% 26,432,119.65 61,674,945.85 2,392,028,333.91 100% 52,285,102.44 2,339,743,231.47 2003 12 31 590,394,045.81 28.72% 5% 2004 4 30 116,357,808.50 2004 4 30 4. 2003-12-31 1 156,295,026.54 40.63% 781,475.13 155,513,551.41 1-2 67,506,078.00 17.55% 1,350,121.56 66,155,956.44 2-3 23,026,370.53 5.99% 1,151,318.53 21,875,052.00 3 137,850,648.84 35.84% 6,447,852.11 131,402,796.73 384,678,123.91 100% 9,730,767.33 374,947,356.58 2002-12-31 1 127,245,699.40 42.20% 632,455.09 126,613,244.31 1-2 25,891,470.53 8.59% 517,829.41 25,373,641.12 41
2003 2-3 138,370,769.88 45.89% 6,918,538.49 131,452,231.39 3 9,997,784.15 3.32% 2,999,335.25 6,998,448.90 301,505,723.96 100% 11,068,158.24 290,437,565.72 2003 12 31 252,476,608.20 65.63% 5% 5. 2003-12-31 2002-12-31 1 327,083,946.14 81.86% 150,031,778.40 88.56% 1-2 57,081,890.38 14.29% 11,623,359.77 6.86% 2-3 15,380,955.56 3.85% 7,757,595.79 4.58% 399,546,792.08 100% 169,412,733.96 100.00% 2003 135% 6. 2003-12-31 2002-12-31 193,766,116.76 1,569,443.34 192,196,673.42 226,293,676.05 1,780,451.17 224,513,224.88 18,939,354.16-18,939,354.16 5,437,365.90-5,437,365.90 765,659,154.52 35,008,036.85 730,651,117.67 578,457,821.48-578,457,821.48 561,719,601.36 2,849,775.10 558,869,826.26 438,680,444.79 526,992.60 438,153,452.19 1,540,084,226.80 39,427,255.29 1,500,656,971.51 1,248,869,308.22 2,307,443.77 1,246,561,864.45 2002-12-31 2003-12-31 1,780,451.17-211,007.83 1,569,443.34 526,992.60-2,322,782.50 35,008,036.85 - - 2,849,775.10 35,008,036.85 2,307,443.77 37,330,819.35 211,007.83 39,427,255.29 7. 2002-12-31 2003-12-31 DDN 20,400.00 40,800.00 61,200.00 - - 248,166.66 237,083.66 11,083.00 30,634.56 248,407.07 240,522.76 38,518.87 51,034.56 537,373.73 538,806.42 49,601.87 8. (1) 2002-12-31 2003-12-31 76,933,090.30 1,160,485.47 34,773,237.25 43,320,338.52 5,259,665.16 - - 5,259,665.16-2,943,634.52 - -1,789,653.00-1,153,981.52 68,729,790.62 1,160,485.47 32,983,584.25 36,906,691.44 4,896,000.00 363,665.16 42
2003 (2) * ** *** 2002-12-31 ( ) 2003-12-31. * 2000/4/26 30.00% 828,038.25 19,367.64 847,405.89 ** 2000/4/17--2015/4/16 50.00% 2,435,284.80 1,141,117.83 3,576,402.63 *** 2002 2,000,000.00-2,000,000.00 5,263,323.05 1,160,485.47 6,423,808.52. 1999/9/27--2019-9-26 20.00% 5,000,000.00-5,000,000.00 2001/10/30 20.00% 29,250,000.00-29,250,000.00 1997/10/31--2017/10/30 52.00% -2,255,120.09 - -2,255,120.09 **** 33,600,000.00-33,600,000.00-37.00% 5,698,159.42-796,509.33 4,901,650.09 376,727.92-376,727.92-71,669,767.25-34,773,237.25 36,896,530.00 76,933,090.30-33,612,751.78 43,320,338.52 **** 2003 (3) 2002-12-31 2003-12-31 10-47,151.68-30,648.62-4,715.16-21,218.22-25,933.46 10-2,970,739.91-2,351,835.73-282,220.32-901,124.50-2,069,615.41 10 1,478,234.68 1,281,136.76 147,823.44 344,921.36 1,133,313.32 10-2,519,163.61-2,099,303.01-251,916.36-671,776.96-1,847,386.65 10-1,600,000.00-1,240,000.09-1,240,000.09-1,600,000.00 10 3,051,011.95 2,618,785.25 432,226.70 2,618,785.25 10-1,605,241.54-1,121,769.08-158,624.51-642,096.97-963,144.57-4,213,050.11-2,943,634.52-1,789,653.00-3,059,068.59-1,153,981.52 9. 2002-12-31 2003-12-31 157,162,530.77 27,248,701.17 20,011.00 184,391,220.94 217,945,681.58 47,454,350.69 450,123.39 264,949,908.88 43
2003 258,957,404.68 6,401,398.40 38,945.00 265,319,858.08 33,642,812.45 596,358.90 1,234,653.54 33,004,517.81 68,376,398.40 644,106.01 3,203.00 69,017,301.41 2,233,399.29 484,232.18 134,788,149.98 133,038,982.87 35,352,320.91 22,515,383.99 1,023,581.42 56,844,123.48 904,476,131.66 107,093,698.45 3,254,749.53 1,008,315,080.58 14,294,760.59 6,096,198.21-20,390,958.80 52,765,943.71 29,635,874.29 309,015.57 82,092,802.43 104,460,333.97 10,432,691.07 30,489.72 114,862,535.32 13,552,787.15 3,261,785.89 623,109.42 16,191,463.62 18,265,892.98 639,175.42 2,817.32 18,902,251.08 58,725,298.83 22,881,196.14 824,706.34 80,781,788.63 8,682,834.86 11,313,270.28 285,868.35 19,710,236.79 270,747,852.09 84,260,191.30 2,076,006.72 352,932,036.67 633,728,279.57 655,383,043.91 2002-12-31 2003-12-31 2,252,489.35-82,030.70 2,170,458.65 22,154,545.23-782,624.57 21,371,920.66 8,633,486.90-7,308.00 8,626,178.90 2,278,139.79-239,190.73 2,038,949.06 8,000,783.00 - - 8,000,783.00 43,319,444.27-1,111,154.00 42,208,290.27 10. 2002.12.31 2003.12.31 108,488.05 - - 108,488.05-30,951,979.81 829,187.12 26,781,166.93 5,000,000.00-597,794.93 24,000.00 621,794.93 - - - 7,948,257.30 4,768,799.37-3,178,690.93 1,572,903.37-555,199.37 1,017,704.00-32*2.5G SDH 134,685.00 321,867.45 - - 456,552.45 IP 32,563,215.87-4,569,002.40 27,994,213.47-899,076.25-899,076.25-1,208,073.34 2,800.00 1,208,073.34-2,800.00 74,212.36-74,212.36 - - 155,839.57 734,110.55 - - 889,950.12 104,578.39 - - - 104,578.39 378,985.18-378,985.18-234,819.54 - - - 234,819.54 215,220.24-215,220.24 - - 37,209.19-37,209.19 - - 21,892,384.98-21,892,384.98 - - 44
2003 863 713,507.61 - - - 713,507.61 381,042.30 233,888.23 - - 614,930.53 5,443,314.48-5,443,314.48 - - 105,167.03-105,167.03-792,694.27 - - 792,694.27-62,002.79-62,002.79 - - SCDMA - 936,375.35 - - 936,375.35-828,421.36 - - 828,421.36-3,974,172.00 - - 3,974,172.00 98,627,194.55 15,833,079.36 67,611,608.91 34,913,099.79 11,934,798.28 11. ( 2002-12-31 ) 2003-12-31 VERTE3 1,236,000.00 350,200.00-247,200.00 103,000.00 0.5 NETSCREEN 110,000.00 84,333.34-22,000.00 62,333.34 2 960,200.00 736,093.34-192,040.00 544,053.34 2 PRISM 165,765.70 129,849.80-33,153.14 96,696.66 2 ACTIVE-HDL 663,821.63 520,053.62-132,764.33 387,289.29 2 RATIONAL 346,556.89 271,469.56-110,099.86 161,369.70 2 CDMA 8,568,210.13 6,719,847.61-1,715,776.56 5,004,071.05 2 PSOSYSFEM 2,310,000.00 1,270,500.00-462,000.00 808,500.00 2 RATIONAL 550,499.32 302,774.61-69,311.38 233,463.23 2 6,800,000.00 5,780,000.00-1,360,000.00 4,420,000.00 3 6,346,710.00 6,029,374.50-127,157.28 5,902,217.22 45,5 2,926,258.00 2,750,684.42-58,525.20 2,692,159.22 36.5 INNOV EAD 2,084,409.66 1,802,145.99-260,551.21 1,541,594.78 6 NETEYE 240,970.00 204,016.35-30,602.41 173,413.94 6 187,209.00 159,907.69-23,690.04 136,217.65 6 ERP 388,000.00 335,458.33-48,500.00 286,958.33 6 INVENOTOR 125,000.00 108,072.92-15,625.00 92,447.92 6 KILL 75,810.00 67,913.12-9,476.25 58,436.87 6.2 SYBASE 108,102.00 100,219.56-13,512.75 86,706.81 6.4 4,000.00 3,916.67-500 3,416.67 6.8 2,800,000.00 2,636,666.67-280,000.00 2,356,666.67 8.4 2,700,000.00 2,520,000.00-270,000.00 2,250,000.00 8.3 DESJ 1,491,433.00 1,416,861.35-149,143.30 1,267,718.05 8.5 SP30 34,278,750.00 21,003,452.67-631,680.48 20,371,772.19 0 SP30 11,320,000.00 7,546,666.61-754,666.68 6,791,999.93 9 64,773,094.96 56,019,802.49-1,204,726.94 54,815,075.55 45.5 138,484.00 1,012,345.71-97,968.94 914,376.77 9 1,462,193.16 1,462,193.16 154,150.23 1,308,042.93 4 ATTORCAAPEX 49,500.00 33,000.00-9,900.00 23,100.00 2 45
2003 XILINX FPGA 48,100.00 32,066.67-9,620.00 22,446.67 2 ACTEL FPGA 53,100.00 35,400.00-10,620.00 24,780.00 2 SDH 1,044,000.00 743,913.12-174,000.00 569,913.12 3 SDH 204,000.00 145,362.35-34,000.00 111,362.35 3 SYNOPSYS 433,600.00 310,402.47-72,266.67 238,135.80 3 ALTERA 40,500.00 29,250.00-6,750.00 22,500.00 3 IC 2,711,500.00 1,581,708.36-677,875.00 903,833.36 1 DTT4C01A SYNOP SYS 4,837,383.49 4,232,709.65-483,738.35 3,748,971.30 7 ASIC 586,725.51 518,274.20-58,672.55 459,601.65 7 WINDOMS XP 101,745.00 89,874.75-20,349.00 69,525.75 3.4 WINDOMS XP 67,830.00 61,047.00-13,566.00 47,481.00 3.4 CDMA UIM 2,997,390.00 2,797,564.00-299,739.00 2,497,825.00 8.3 WINDOMS SERVER 49,959.00 47,461.05-9,991.80 37,469.25 3.8 Synopsys 938,441.16-938,441.16 93,844.12 844,597.04 9 Cadence 955,409.58-955,409.58 95,540.96 859,868.62 9 151,000.00-151,000.00 12,583.33 138,416.67 9.4 ClearCase 300,886.00-300,886.00 5,014.77 295,871.23 9.9 ClearQues 165,275.70-165,275.70 2,754.60 162,521.10 9.8 20,000,000.00-20,000,000.0 166,666.67 19,833,333.3 9.9 0 3 LSI Logic Corporation 1,256,992.00-1,256,992.00 10,474.93 1,246,517.07 9.9 Synopsys 1,904,626.90-1,904,626.90 211,625.20 1,693,001.70 4.5 Synopsys 6,228,269.52-6,228,269.52 691,969.19 5,536,300.33 4.3 6,296,781.00 4,628,316.38 2,571,506.72 1,689,000.60 5,510,822.50 2.5 2,566,800.00 1,753,980.00-513,360.00 1,240,620.00 2 OFFICEXP 299,250.00 259,350.00-59,850.00 199,500.00 3.3 GPRS 1,442,000.00-0.03 - - -0.03 208,892,542.31 137,182,306.90 35,934,600.74 13,908,594.72 159,208,312.92 11 2002-12-31 2003-12-31 SP30 20,371,772.19-20,371,772.19 12. 2002-12-31 2003-12-31-2,184,674.62-80,640.00 225,238.41 25,920.00 108,488.05 21,697.61 1,017,704.00 203,540.80 6,638,423.53 80,640.00 38,880.00 - - 46 4,453,748.91-238,198.41 86,790.44 814,163.20 6,757,943.53 1,351,430.46 2,516,473.03 5,592,900.96 13. 2003-12-31 2002-12-31
2003 100,000,000.00 470,050,000.00 5,000,000.00 5,000,000.00 660,000,000.00 450,000,000.00 1,559,000,000.00 1,179,300,000.00 2,324,000,000.00 2,104,350,000.00 6.60 14. 235,760,157.07 5%( 5%) 1,340.00 15. 577,918,471.08 5% 16. 72,825,775.88 5%( 5%) 17. 2003-12-31 2002-12-31 1,292,453.60 1,292,453.60 170,760.93 170,760.93 1,463,214.53 1,463,214.53 18. 2003-12-31 2002-12-31-19,281,397.88 15,201,181.44 854,470.95 5,107,997.46 1,099,085.19 2,286,281.51-9,521,093.62 3,220,907.16 1,438,225.31 2,228,892.94 - -508.00-25,410,710.05 28,044,752.51 19. 57,628,194.18 5%( 5%) ( ) 20. 2003-12-31 2002-12-31 2,346,635.14 6,203,918.84 21. 2003-12-31 47
2003 200,000,000.00 2004-07-01 4.575 100,000,000.00 2004-06-13 4.575 100,000,000.00 2004-06-23 4.65 33,000,000.00 2004-07-20 4.65 20,000,000.00 2004-06-29 4.95 30,000,000.00 2004-07-29 4.95 483,000,000.00 22. 2003-12-31 52,000,000.00 2003.1.24-2006.1.23 4.575 35,000,000.00 2002.1.4-2005.7.20 5.025 30,000,000.00 2002.1.04-2006.7.20 5.025 81,000,000.00 2003.3.31-2006.3.30 4.575 198,000,000.00 STK 23. 2002-12-31 2003-12-31 SIM 8,000,000.00 - - 8,000,000.00 3,000,000.00-3,000,000.00 1,000,000.00 800,000.00-1,800,000.00 COMIP - 1,800,000.00-1,800,000.00-2,000,000.00-2,000,000.00-3,000,000.00-3,000,000.00 9,000,000.00 10,600,000.00-19,600,000.0 [2002]592 [2003]10 300 2002 11 20 80 [2003] 536 300 24. 2002-12-31 2003-12-31 - - - - - ( ) 273,612,650.00 273,612,650.00 1. - - - - - : - - - - - - - - - - 239,952,731.00 - - - - - 239,952,731.00 33,659,919.00 - - - - - 33,659,919.00 273,612,650.00 - - - - - 273,612,650.00 ( ) 48
2003 (2000)024 1. 165,373,750.00 - - - - - 165,373,750.00 165,373,750.00 - - - - - 165,373,750.00 438,986,400.00 - - - - - 438,986,400.0 25. 2002-12-31 2003-12-31 1,290,808,007.61 - - 1,290,808,007.61 5,200,470.00 - - 5,200,470.00 12,632,568.30 - - 12,632,568.30 1,308,641,045.91 - - 1,308,641,045.91 26. 2002-12-31 2003-12-31 29,919,643.98 29,919,643.98 29,919,643.98 29,919,643.98 59,839,287.96 59,839,287.96 27. 2002-12-31 2003-12-31 104,609,871.93-186,830,650.63 - -82,220,778.70 28. 2003 2002 2003 2002 268,901,706.23 414,954,499.79 192,122,293.79 304,547,415.86 242,068,584.90 562,095,624.11 199,580,965.93 428,279,365.61 210,824,490.70 207,940,038.44 187,275,395.09 161,900,917.50 306,078,119.27 319,453,595.70 222,390,782.74 209,598,629.60 705,512,071.90 438,564,214.00 426,176,597.85 286,398,001.00 30,446,594.53 148,395,104.72 24,664,994.09 116,058,912.96 1,763,831,567.53 2,091,405,076.76 1,252,211,029.49 1,506,783,242.53 2003 2002 2003 2002 712,417,589.11 1,033,346,991.64 540,440,025.64 782,936,223.91 1,009,818,583.41 965,231,184.75 680,035,334.15 667,480,640.62 41,595,395.01 92,824,900.37 31,735,669.70 56,366,378.00 1,763,831,567.53 2,091,403,076.76 1,252,211,029.49 1,506,783,242.53 49
2003 722,329,433.68 40.95% 29. 2003 2002 2,330,295.04 1,146,350.98 2,119,269.11-211,025.93 1,146,350.98 2003 2002 2,330,295.04 2,119,269.11 211,025.93 902,087.33 - - - 244,263.65 2,330,295.04 2,119,269.11 211,025.93 1,146,350.98 30. 2003 2002 154,539,611.50 122,879,703.60 5,327,700.69 5,277,702.60 66,038.46 48,326.59 25,226.03 7,094.09 637,336.40 1,198,708.50 149,890,059.64 118,841,942.00 31. 2003 2002 549,652.51 713,982.14 1,017,188.03 496,625.99 2,480,000.13 116,821.52 4,046,840.67 1,327,429.65 32. 2003 2002 30,586,041.50 7,153,468.72 1,606,000.00 1,000,000.00 32,192,041.50 8,153,468.72 33. 2003 2002 32,700.00 5,700.00-399,316.30 1,411,033.22 552,029.19 1,443,733.22 957,045.49 50
2003 34. 2003 2002 499,819.09 866,041.60 417,050.34 15,000.00 121,400.00 51,400.00 12,659.81 12,330.02 1,050,929.24 944,771.62 35. 15,370,860.56 36. 278,067,664.06 1. 2003-12-31 1 361,542,186.32 37.98% 1,807,710.93 359,734,475.39 1-2 186,973,892.33 19.64% 3,739,477.85 183,234,414.48 2-3 160,145,815.57 16.82% 8,007,290.78 152,138,524.79 3 243,376,280.94 25.56% 28,731,041.61 214,645,239.33 952,038,175.16 100% 42,285,521.17 909,752,653.99 2002-12-31 1 410,402,683.36 43.11% 2,052,013.43 408,350,669.93 1-2 200,035,769.89 19.98% 4,000,715.41 196,035,054.48 2-3 207,004,457.22 28.72% 10,350,222.86 196,654,234.36 3 61,359,337.04 8.19% 18,407,801.11 42,951,535.93 878,802,247.51 100% 34,810,752.81 843,991,494.70 2. 2003-12-31 1 54,126,711.79 16.83% 270,633.56 53,856,078.23 1-2 124,157,751.46 38.60% 2,483,155.03 121,674,596.43 2-3 16,719,679.69 5.20% 835,983.98 15,883,695.71 3-4 126,627,177.99 39.37% 3,080,810.85 123,546,367.14 321,631,320.93 100% 6,670,583.42 314,960,737.51 2002-12-31 1 379,872,270.18 71.88% 593,178.61 379,279,091.57 1-2 16,719,679.69 3.16% 235,883.01 16,483,796.68 2-3 130,631,352.81 24.72% 6,531,567.64 124,099,785.17 3 1,244,599.92 0.24% 373,379.98 871,219.94 51
2003 528,467,902.60 100% 7,734,009.24 520,733,893.36 2003 2. (1) 2002-12-31 2003-12-31 798,251,314.47 50,980,315.48 33,600,000.00 815,631,629.95 363,665.16 - - 363,665.16-1,821,865.44 - -1,631,028.49-190,836.95 796,065,783.87 50,980,315.48 31,968,971.51 815,077,127.84 2003 (2) 2002-12-31 ( ) 2003-12-31-118,092,139.2 1998 99.00% 525,261,420.88 6 407,169,281.62 1999 87.48% 22,093,745.81-1,429,194.00 20,664,551.81 1999/9/27-2019/9/26 20.00% 5,000,000.00-5,000,000.00 1997/10/31-2117/10/30 52.00% -2,255,120.09 - -2,255,120.09 2000/8/21-2018/8/26 80.00% 33,600,000.00-33,600,000.00-1999/12/16-2010/12/15 75.00% 10,848,062.57 537,138.40 11,385,200.97 2001/3/27-2016/3/26 85.00% 102,540,230.26 170,181,456.15 272,721,686.41 2001/3/22-2021/3/21 90.00% 73,912,975.04-216,945.81 73,696,029.23 2002/8/12-2016/12/3 20.00% 27,250,000.00-27,250,000.00 798,251,314.47 17,380,315.48 815,631,629.95 3 2002-12-31 2003-12-31 10-47,151.68-30,648.62-4,715.16-21,218.22-25,933.46 10-2,970,739.91-2,351,835.73-282,220.32-901,124.50-2,069,615.41 10 1,478,234.68 1,281,136.76 147,823.44 344,921.36 1,133,313.32 10-1,600,000.00-1,240,000.09-1,240,000.09-1,600,000.00-10 3,051,011.95 2,618,785.25-432,226.70 2,618,785.25 10-2,519,163.61-2,099,303.01-251,916.36-671,776.96-1,847,387.65-2,607,808.57-1,821,865.44-1,631,028.49-2,416,971.62-190,836.95 4 2002-12-31 2003-12-31 52
2003 363,665.16 - - 363,665.16-3. 2003 2002 2003 2002 9,785,901.77 15,803,648.14 8,372,430.25 11,636,351.98 118,199,512.85-117,352,022.39-249,202,579.42 207,940,038.44 221,356,033.95 161,900,917.50 306,078,119.27 317,153,595.70 222,390,782.74 209,598,630.60 8,168,882.25 94,960,011.00 7,853,605.93 62,733,003.00 20,100,486.21 131,236,800.50 17,666,523.47 104,763,440.29 711,535,481.77 767,094,093.78 594,991,398.73 550,632,343.37 4. 2003 2002 ( ) 50,980,315.48 94,591,344.06 551,028.36 551,028.36 2,480,000.13 - - - 54,011,343.97 95,142,372.42 ( ) 1. 523,270,000.00 38.665% 2. 53
2003 ( ) 523,270,000.00 - - 523,270,000.00 392,398,051.93 - - 392,398,051.93 32,000,000.00 - - 32,000,000.00 4,088,810.00 - - 4,088,810.00 3,000,000.00 - - 3,000,000.00 2,000,000.00 - - 2,000,000.00 20,000,000.00 - - 20,000,000.00 60,000,000.00 - - 60,000,000.00 50,000,000.00 - - 50,000,000.00 HKD100,000.00 HKD100,000.00 169,732,493.00 38.67% - - - - 169,732,493.00 38.67% 388,474,070.50 99.00% - - - - 388,474,070.50 99.00% 30,400,000.00 95.00% - - - - 30,400,000.00 95.00% 3,577,229.00 87.48% - - - - 3,577,229.00 87.48% 1,560,000.00 52.00% - - - - 1,560,000.00 52.00% 1,000,000.00 50.00% - - - - 1,000,000.00 50.00% 33,600,000.00 80.00% - - 33,600,000.00 80.00% - 15,000,000.00 75.00% - - - - 15,000,000.00 75.00% 51,000,000.00 85.00% - - - - 51,000,000.00 85.00% 45,000,000.00 90.00% - - - - 45,000,000.00 90.00% 54
2003 HKD100,000.00 100.00% HKD100,000.00 100.00% 3. 7.668% 2.301% 1.510% 1.472% 0.945% 0.377% 0.377% 0.377% 0.377% 0.188% 0.188% 20% 20% 37% ( ) 1. 2003 2002 58,390,624.00 3.78% - - 242,601.00 0.01% - - 7,085,118.52 0.46% 961,659.34 0.06% 187,031.20 0.01% 1,119,281.60 0.07% 4,783,699.31 0.31% 824,339.40 0.05% 780,107.28 0.05% 3,683,317.00 0.22% 150,859.05 0.01% 71,620,040.36 4.63% 6,588,597.34 0.40% 2. 2003 2002 55
2003 27,118,244.00 1.54% 6,565,819.61 0.31% 1,925,898.21 0.11% 5,941.00 0.00% 29,742,723.26 1.69% 24,632,899.33 1.40% 31,029,782.39 1.48% 1,648,360.04 0.09% 21,386,279.66 1.02% 1,772,242.56 0.10% 85,526,721.18 4.09% 10,535,679.01 0.60% 13,537,397.07 0.65% 17,600.00 0.00% 220,968.00 0.01% 5,473,718.00 0.26% 18,356,217.44 1.04% 3,507,697.40 0.17% 115,976,772.85 6.58% 167,027,415.31 7.98% 3. (1) 2003 12 31 ( ) 150,000,000.00 2003.01.27--2004.01.26 100,000,000.00 2003.11.05--2004.11.05 70,000,000.00 2003.07.28--2004.07.28 40,000,000.00 2003.07.02--2004.07.01 300,000,000.00 2003.06.23--2004.05.21 200,000,000.00 2001.07.02--2004.07.01 100,000,000.00 2002.06.13--2004.06.13 (2) 2003 12 31 4. 2003 2002 213,839.25 2,244,348.26 71,907.90 1,088,546.25 312,006.81 22,851,912.04 597,753.96 26,184,806.55 5. 2003 2002 18,168,085.53 19,691,901.24 ( ) 2003 2003-12-31 2002-12-31 2003-12-31 2002-12-31 56
2003 900,000.00 1.12% 15,900,000.00 15,000,000.00 3,839,310.00-4.78% 3,839,310.00-4,739,310.00-5.90% 19,739,310.00 15,000,000.00 690,100.00 4,638,301.00 0.17% 2.74% 1,612.11 3,949,813.11 53,780,026.20 3,997,827.20 13.46% 2.36% 115,002,172.80 65,219,973.80 33,000,000.00 980,350.00 8.26% 0.58% 33,000,000.00 980,350.00 3,407,846.89 1,793,321.77 0.85% 1.06% 72,613,257.73 70,998,732.61 90,877,973.09 11,409,799.97 22.74% 6.74% 220,617,042.64 141,148,869.52 33,793,342.18 33,793,342.18 1.69% 1.44% 722,274.00 722,274.00 16,325,418.10 16,325,418.10 0.82% 0.70% 24,261,512.78 2,928,886.23 1.22% 0.13% 27,118,244.00 5,785,617.45 6,626,198.50 6,505,230.50 0.33% 0.28% 220,968.00 100,000.00 6,672,634.14 12,234,046.60 0.33% 0.52% 18,356,217.44 23,917,629.90 32,762,086.60 30,174,845.40 1.64% 1.29% 28,353,241.20 25,766,000.00 1,358,309.20 1,296,282.89 0.07% 0.06% 550,627.62 488,601.31 1,300,957.00 1,300,957.00 0.07% 0.06% 3,000.00 3,000.00 753,959.98 753,959.98 0.04% 0.03% 5,941.00 5,941.00 14,690,393.47 14,012,329.46 0.74% 0.60% 16,433,311.27 15,755,247.26 ( ITTI) 345,089.15 345,089.15 0.02% 0.01% - - - - 815,994.00 815,994.00 138,889,901.10 119,670,387.49 6.97% 5.12% 92,579,818.53 73,360,304.92 176,350,248.50 123,213,328.50 47.03% 42.42% 89,297,898.96 36,160,978.96 4,799,127.51 4,795,185.91 1.28% 1.65% 20,048.60 16,107.00 2,300,000.00 0.61% 0.00% 2,300,000.00 7,000,000.00 7,000,000.00 1.87% 2.41% 9,866,748.54 10,424,408.00 2.63% 3.59% 363,975.00 921,634.46 482,312.05 482,312.05 0.13% 0.17% 776,452.57 0.27% 22,362,299.83 23,138,752.40 2,139,900.00-0.57% 2,139,900.00-202,938,336.60 146,691,687.03 54.12% 50.51% 116,484,122.39 60,237,472.82 223,987.92 61,276.82 0.31% 0.13% 19,859,386.79 20,022,097.89 7,956,823.89 9,105,462.51 10.93% 19.87% 39,714,396.07 38,565,757.45 8,180,811.81 9,166,739.33 11.24% 20.00% 59,573,782.86 58,587,855.34 - - - - 57
2003 313,480.00 0.05% - 313,480.00 2,401,804.80 0.37% 15,604,940.79 13,203,135.99 150,859.05-0.03% 3,740.95 154,600.00 277,146.00 277,146.00 0.05% 0.04% - - 23,390,624.00-4.05% 35,000,000.00 58,390,624.00 70,006.00 70,006.00 0.01% 0.01% - - 149,850.03 1,627,617.45 0.03% 0.25% 2,257,874.70 780,107.28 2,950,076.03 2,651,780.67 0.51% 0.41% 4,485,403.95 4,783,699.31 187,031.20-0.03% - 187,031.20 - - 14,400.00 14,400.00 - - 824,286.07 824,286.07 27,489,072.31 7,028,354.92 4.76% 1.08% 58,190,646.46 78,651,363.85 - - 20,000,000.00 20,000,000.00 386,037.50 386,037.50 0.67% 0.55% 37,200.00 0.06% 0.00% 37,200.00 5,651,643.62 3,560,591.59 9.81% 5.04% 7,089,338.54 9,180,390.57 446,057.00 1,092,114.00 0.77% 1.55% 646,057.00 6,520,938.12 5,038,743.09 11.31% 7.14% 27,735,395.54 29,217,590.57 1,340.00 2003 12 31 103,071,103.56 150,000,000.00 13 39,755,407.47 58
2003 2003.10.20 2004.1.20 900,000.00 2003.11.27 2004.2.27 3,000,000.00 2003.10.13 2004.1.13 5,018,455.00 2003.7.28 2004.1.28 1,000,000.00 2003.7.16 2004.1.16 3,426,146.30 2003.11.15 2004.2.5 720,000.00 2003.12.15 2004.1.15 4,349,515.28 2003.12.15 2004.1.15 7,814,864.36 2003.12.15 2004.1.15 2,675,926.53 2003.12.15 2004.1.15 10,000,000.00 2003.12.15 2004.1.20 784,800.00 2003.10.16 2004.1.16 52,560.00 2003.9.29 2004.1.29 13,140.00 1 2003 10 30, 2 2002 764 10 2003 1996 2 3 2002 12 26 80% 3500 3200 4 2003 3 27 [2003]127 29.92% 6.43% 2990 490 2.4 60 1070 490 2002-12-31 2003-12-31 63,353,260.68 7,466,368.10 1,339,640.02 69,479,988.76 52,285,102.44 7,466,368.10 2,249.11 59,749,221.43 11,068,158.24-1,337,390.91 9,730,767.33 - - - - - - - - 2,307,443.77 37,330,819.35 211,007.83 39,427,255.29 1,780,451.17-211,007.83 1,569,443.34-35,008,036.85-35,008,036.85 526,992.60 2,322,782.50-2,849,775.10 5,259,665.16 - - 5,259,665.16 59
2003 5,259,665.16 - - 5,259,665.16 - - - - 43,319,444.27 1,111,154.00 42,208,290.27 - - - - 2,252,489.35-82,030.70 2,170,458.65 22,154,545.23-782,624.57 21,371,920.66 8,633,486.90-7,308.00 8,626,178.90 2,278,139.79-239,190.73 2,038,949.06 8,000,783.00 - - 8,000,783.00 20,371,772.19 - - 20,371,772.19 134,611,586.07 44,797,187.45 2,661,801.85 176,746,971.67 1. 2003 29.06% 27.57% 1.1421 1.1421-12.34% -11.71% -0.4851-0.4851-10.83% -10.27% -0.4256-0.4256-11.12% -10.55% -0.4371-0.4371 2. (1) = = (2) (ROE) P ROE E 0 +NP 2+E i M i M 0 -E j M j M 0 P NP E 0 E i E j M 0 M i M j (3) EPS EPS P S 0 +S 1 +S i M i M 0 -S j M j M 0 P S 0 S 1 S i S j M 0 M i M j 2003 60
2003 61
2003 2004 4 13 62
2003 2003 12 31 603,718,825.98 316,177,064.92 619,609,550.12 460,102,591.33 80,372,583.31 14,135,584.10 26,690,550.00 1,896,000.00 1,995,994,316.10 909,752,653.99 2,339,743,231.47 843,991,494.70 374,947,356.58 314,960,737.51 290,437,565.72 520,733,893.36 399,546,792.08 214,269,509.10 169,412,733.96 86,528,860.38 1,500,656,971.51 1,050,749,551.81 1,246,561,864.45 864,610,778.02 49,601.87 10,654.48 51,034.56 28,655.00 267,922,092.29 33,377,443.51 4,955,286,447.43 3,121,355,291.71 4,692,506,530.28 2,777,892,272.79 36,906,691.44 815,077,127.84 68,729,790.62 796,065,783.87 36,906,691.44 815,077,127.84 68,729,790.62 796,065,783.87-1,153,981.52-190,836.95-2,943,634.52-1,821,865.44 1,008,315,080.58 487,009,948.14 904,476,131.66 449,586,033.77 352,932,036.67 197,818,411.57 270,747,852.09 156,665,044.13 655,383,043.91 289,191,536.57 633,728,279.57 292,920,989.64 42,208,290.27 452,918.82 43,319,444.27 1,232,361.31 613,174,753.64 288,738,617.75 590,408,835.30 291,688,628.33 11,934,798.28 4,430,724.45 98,627,194.55 88,542,624.40 625,109,551.92 293,169,342.20 689,036,029.85 380,231,252.73 138,836,540.73 27,424,643.79 116,810,534.71 30,873,118.60 5,592,900.96 5,592,900.96 6,757,943.53 6,757,943.53 144,429,441.69 33,017,544.75 123,568,478.24 37,631,062.13 5,761,732,132.48 4,262,619,306.50 5,573,840,828.99 3,991,820,371.52 2,324,000,000.00 1,661,262,410.38 2,104,350,000.00 1,288,950,000.00 235,760,157.07 75,083,915.58 143,045,630.59 93,247,538.09 577,918,471.08 313,493,624.34 648,072,487.99 289,448,073.65 72,825,775.88 52,165,597.98 45,822,185.42 32,942,327.81 289,289.63 257,038.50 28,130,915.18 9,489,986.70 25,479,624.27 5,718,851.87 1,463,214.53 1,292,453.60 1,463,214.53 1,292,453.60-25,410,710.05-31,261,958.29 28,044,752.51-3,626,255.42 63
2003 26,119,415.60 163,048.39 3,561,425.25 368,581.87 57,628,194.18 45,561,084.65 70,622,103.50 32,206,011.25 2,346,635.14 123,188.00 6,203,918.84 1,196,183.00 483,000,000.00 350,000,000.00 3,784,071,358.24 2,477,373,351.33 3,076,922,381.40 1,741,743,765.72 198,000,000.00 52,000,000.00 548,000,000.00 330,000,000.00 19,600,000.00 8,000,000.00 9,000,000.00 8,000,000.00 217,600,000.00 60,000,000.00 557,000,000.00 338,000,000.00 1,281,030.00 4,001,671,358.24 2,537,373,351.33 3,635,203,411.40 2,079,743,765.72 34,814,819.07 26,560,811.79 438,986,400.00 438,986,400.00 438,986,400.00 438,986,400.00 1,308,641,045.91 1,308,641,045.91 1,308,641,045.91 1,308,641,045.91 59,839,287.96 59,839,287.96 59,839,287.96 59,839,287.96 29,919,643.98 29,919,643.98 29,919,643.98 29,919,643.98-82,220,778.70-82,220,778.70 104,609,871.93 104,609,871.93 1,725,245,955.17 1,725,245,955.17 1,912,076,605.80 1,912,076,605.80 5,761,732,132.48 4,262,619,306.50 5,573,840,828.99 3,991,820,371.52 64
2003 2003 1,763,831,567.53 711,535,481.77 2,091,403,076.76 767,094,093.78 1,252,211,029.49 594,991,398.73 1,506,783,242.53 550,632,343.37 10,245,140.84 2,183,299.81 19,358,940.35 4,718,634.57-501,375,397.20 114,360,783.23 565,260,893.88 211,743,115.84-211,025.93 210,338.38 1,146,350.98 245,543.60 : 261,897,128.42 104,942,730.55 230,596,232.45 104,738,835.68 302,371,027.84 154,292,721.43 205,713,630.46 120,775,156.65 149,890,059.64 96,684,939.29 118,841,942.00 72,094,849.32 --212,571,792.77-241,349,269.66 11,255,439.95-85,620,182.21-4,046,840.67 54,011,343.97 1,327,429.65 95,142,372.42 32,192,041.50 1,606,000.00 8,153,468.72 1,140,000.00 1,443,733.22 1,165,586.72 957,045.49 795,544.39 1,050,929.24 97,737.58 944,771.62 778,998.97 - -175,940,106.62-184,664,076.55 20,748,612.19 10,678,735.63 2,223,768.38 2,166,574.08 13,084,581.40 8,415,260.70 8,666,775.63 5,400,555.86 - -186,830,650.63-186,830,650.63 2,263,474.93 2,263,474.93 104,609,871.93 104,609,871.93 102,799,092.00 102,799,092.00-82,220,778.70-82,220,778.70 105,062,566.93 105,062,566.93 226,347.50 226,347.50 226,347.50 226,347.50-82,220,778.70-82,220,778.70 104,609,871.93 104,609,871.93-82,220,778.70-82,220,778.70 104,609,871.93 104,609,871.93 65
2003 2003 2,355,106,382.63 777,396,408.55 32,822,000.29 440,525.20 15,370,860.56 10,199,707.56 2,403,299,243.48 788,036,641.31 1,926,595,145.29 1,012,815,839.41 226,567,695.13 98,097,015.53 127,513,363.49 26,935,881.72 278,067,664.06 154,510,316.93 2,558,743,867.97 1,292,359,053.59-155,444,624.49-504,322,412.28 32,420,000.00 32,000,000.00 70,237.44 2,500.00 198,700.00 32,688,937.44 32,002,500.00 80,536,976.05 8,311,631.11 80,536,976.05 8,311,631.11-47,848,038.61 23,690,868.89 2,339,872,682.22 1,405,272,682.22 2,339,872,682.22 1,405,272,682.22 1,987,222,682.22 960,960,271.84 165,260,943.85 107,606,276.85 2,152,483,626.07 1,068,566,548.69 187,389,056.15 336,706,133.53 12,882.81-116.55-15,890,724.14-143,925,526.41 1-186,830,650.63-186,830,650.63 8,666,775.63 44,797,187.45 39,213,928.83 82,538,821.02 41,153,367.44 8,595,710.73 4,910,667.96 1,165,042.57 1,165,042.57 1,432.69 18,000.52-2,196,259.70-1,072,995.00 10,789.85 10,789.85 471,240.99 149,890,083.29 96,684,939.29-4,046,840.67-54,011,343.97 66
2003-257,865,808.35-184,061,336.97 ( ) -22,729,600.53-220,157,791.27 ( ) 22,087,451.17-41,345,030.90-155,444,624.49-504,322,412.28 2 3 603,718,825.98 316,177,064.92 619,609,550.12 460,102,591.33-15,890,724.14-143,925,526.41 67
2003 2003 12 31 2002-12-31 2003-12-31 63,353,260.68 7,466,368.10 1,339,640.02 69,479,988.76 52,285,102.44 7,466,368.10 2,249.11 59,749,221.43 11,068,158.24-1,337,390.91 9,730,767.33 - - - - - - - - 2,307,443.77 37,330,819.35 211,007.83 39,427,255.29 1,780,451.17-211,007.83 1,569,443.34-35,008,036.85-35,008,036.85 526,992.60 2,322,782.50-2,849,775.10 5,259,665.16 - - 5,259,665.16 5,259,665.16 - - 5,259,665.16 - - - - 43,319,444.27 1,111,154.00 42,208,290.27 - - - - 2,252,489.35-82,030.70 2,170,458.65 22,154,545.23-782,624.57 21,371,920.66 8,633,486.90-7,308.00 8,626,178.90 2,278,139.79-239,190.73 2,038,949.06 8,000,783.00 - - 8,000,783.00 20,371,772.19 - - 20,371,772.19 134,611,586.07 44,797,187.45 2,661,801.85 176,746,971.67 68