600714 2004

2004 1 1 1 3 6 10 10 11 16 17 19 44 1

2004 1 2 3 4 1 Qinghai Jinrui Mineral Development Co., Ltd 2 3 112 0971-5509464 0971-5507586 E-mail scgf@yp.ce.net.cn 112 0971-5503604 0971-5507586 E-mail rensucai@sina.com.cn 4 112 112 810028 scgfxx@public.xn.qh.cn 5 http://www.sse.com.cn 6 A A A 600714 7 1996 5 25 6300001200857 63010522659166-7 10 : : 9,072,077.42 6,975,251.28 1

2004-3,022,491.85 12,520,975.98 4,765,315.27 10,832,987.49-6,483,282.72 670,553.55 4,051,819.10-5,521,685.24-51,218,742.65 : : 4,850,667.17 6,879,615.19 65,910.57-148,848.07-1,649,601.73 9,997,743.13 : : 2002 2004 2003 (%) 72,253,117.48 154,028,126.65-53.09 221,966,781.51 221,966,781.51 9,072,077.42 20,468,438.48-55.68 20,925,336.62 21,000,993.08 6,975,251.28 19,682,615.82-64.56 15,472,645.58 15,548,302.04-3,022,491.85 16,179,475.16-118.68 15,251,769.48 15,327,425.94 2002 2004 2003 (%) 505,061,790.32 465,667,966.36 8.46 382,273,313.28 380,378,201.16 261,536,890.23 254,561,638.95 2.74 234,865,982.29 232,970,870.17-5,521,685.24 13,420,468.43-141.00 25,626,418.84 25,626,418.84 2002 2004 2003 (%) 0.0462 0.1304-64.56 0.1435 0.1442 2.67 % 7.73-65.46 6.59 6.67-1.15 6.36 % -118.08 6.01 6.58-0.04 0.089-145.00 0.238 0.238 0.0462 0.1304-64.56 0.1435 0.1442-0.0200-0.0200 2.70 % 8.04 6.87 6.90-1.17 6.61 % 6.27 6.81 2

2004 2002 2004 2003 (%) 1.7327 1.6865 2.74 2.1785 2.1609 1.7229 1.6511 4.34 2.1466 2.1228 9 : : % 4.79 4.85 0.0830 0.0830 4.14 4.20 0.0718 0.0718 2.67 2.70 0.0462 0.0462-1.15-1.17-0.0200-0.0200 : : 150,937,500.00 29,592,140.77 14,120,311.20 11,153,199.80 48,758,487.18 254,561,638.95 697,525.13 697,525.13 6,975,251.28 8,370,301.54 1,395,050.26 1,395,050.26 150,937,500.00 29,592,140.77 14,817,836.33 11,850,724.93 54,338,688.20 261,536,890.23 1) 10% 2) 10% 3) 1 : 1 110,687,500 110,687,500 55,545,000-55,545,000-55,545,000 0 55,142,500 55,545,000 55,545,000 110,687,500 2 3 4 3

2004 110,687,500 110,687,500 1 40,250,000 40,250,000 2 3 4 40,250,000 40,250,000 150,937,500 150,937,500 2 (1) (2) 55,545,000 55,545,000 55,545,000, 36.8%, (3) 1 4,661 2 : ( ) (%) 55,545,000 36.80 42,262,500 28.00 6,037,500 4.00 4,427,500 2.93 805,000 0.53 407,570 0.27 402,500 0.27 402,500 0.27 402,500 0.27 402,500 0.27 4

2004 3 1 112,083,700 1999 12 16 2 1,000,000,000 1993 6 5 3 2004-09-22 2004-09-29 55,545,000 36.8% 4 100% 80.37% 36.80% 5

2004 4 10KV 941,130,000.00 1990-04-20 35KV 5 ( ) A B H 407,570 A 338,900 A 332,801 A 329,017 A 282,320 A 277,130 A 264,880 A 260,120 A 255,920 A 252,280 A 1 : 46 2002-05-25 2005-05-25 0 0 0 / 41 2002-05-25 2005-05-25 0 0 0 / 43 2004-10-28 2005-05-25 0 0 0 / 48 2002-05-25 2005-05-25 1,007 1,007 0 / 50 2002-05-25 2005-05-25 0 0 0 / 52 2002-05-25 2005-05-25 0 0 0 / 41 2002-05-25 2005-05-25 0 0 0 / 42 2003-06-27 2005-05-25 0 0 0 / 47 2002-05-25 2005-05-25 0 0 0 / 45 2002-05-25 2005-05-25 0 0 0 / 34 2002-05-25 2005-05-25 0 0 0 / 49 2003-06-27 2005-05-25 0 0 0 / 47 2003-06-27 2005-05-25 0 0 0 / 38 2003-06-27 2005-05-25 0 0 0 / 6

2004 40 2003-05-22 2005-05-25 0 0 0 / 39 2002-05-25 2005-05-25 0 0 0 / 33 2002-05-25 2005-05-25 0 0 0 / 38 0 0 0 / 40 0 0 0 / 32 0 0 0 / (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) 7

2004 (19) (20) 2 1 2 : : 148,857 31,782 93,066 12,000 /. ( ) 3 8

2004 4 10000-30000 3 30000 3 1 2004 4 21 2 2004 4 21 2004 5 25 2003 3 2004 8 19 4 2004 8 19 2004 10 28 2004 2004 4 23 8 21 10 29 1,036 0 1 846 13 107 12 58 2 97 65 9

2004 1 6 3 3 0 6 6 0 6 6 0 6 6 0 2 1) 2) 3) 4) 5) 1) 2004 4 21 2004 5 25 9 2003 2004 4 23 2003 2004 5 25 9 2003 11 102,236,007 67.73% 2003 2003 2003 2003 10

2004 2003 2003 2004 5 26 1) 1 2004 8 19 2004 2004 9 28 2004 10 28 9 2004 2004 10 28 9 2004 14 102,235,000 67.73% 2004 2004 10 29 2) 2 2004 10 12 2004 2004 10 14 2004 11 15 9 2004 2004 11 15 9 2004 11 102,235,000 67.73% 2004 2004 11 16 2003 6 3 2004 30 / 4.5 / 72,253,117.48 53.09% 11

2004 12,520,975.98 57.58% 2004 9,072,077.42 55.68% 6,975,251.28 64.56% 1 (1) 2004 (2) : : (%) (%) 2,270,041.04 3.14 516,885.74 3.99 8,873,627.00 12.28 6,740,074.16 52.01 51,108,361.91 70.73 5,599,079.88 43.21 9,154,813.84 12.67 68,145.22 0.53 846,273.69 1.17 34,000.21 0.26 : 0 0 0 0 72,253,117.48 12,958,185.21 3 2004 2003 72,253,117.48 59,294,932.27 154,028,126.65 123,957,446.18 (4) 10% : : (%) 8,873,627.00 2,133,552.84 75.96 51,108,361.91 45,509,282.03 10.96 9,154,813.84 9,086,668.62 0.75 (5) 2003 (6) 10% : : (%) -22,353,576.93-7,300,678.23-104.67 12

2004 2 : : 13,976,722.97 52.11 50,442,234.01 69.81 3 1 30 / 4.5 / 2 2004 3 4 1 2 : : 505,061,790.32 465,667,966.36 39,393,823.96 8.46 12,520,975.98 29,518,400.97-16,997,424.99-57.58 6,975,251.28 19,682,615.82-12,707,364.54-64.56-51,218,742.65 18,848,378.93-70,067,121.58-371.74 261,536,890.23 254,561,638.95 6,975,251.28 2.74 1 1) 2004 2 27 13 11 2004 3 2 2) 2004 4 21 13 13 3 1 2003 2003 2003 2003 2004 2003 2003 2004 4 23 3) 2004 8 19 13 8 3 2 2004 2004 13

2004 2004 8 21 4) 2004 9 27 13 10 1 2004 9 28 5) 2004 10 12 13 12 4 2004 11 15 2004 2004 10 14 6) 2004 10 28 13 10 1 2 2004 2004 2 2004 5 25 2003 2004 10 28 2004 2004 6,975,251.28 10% 697,525.13 10% 697,525.13 5,580,201.02 48,758,487.18, 54,338,688.20 2004 http //www.sse.com.cn 2005 3001 14

2004 2004 12 31 2004 2004 2005 3010 2003 8 28 2003 56 2004 2004 12 31 36.80% 2004 2004 2004 2004 34,761.00 34,761.00-424,697.80 424,697.80-17,790,763.66 34,872,074.61 46,653,467.58 6,009,370.69 15,000,000.00 8,990,629.31 6,009,370.69 650.000.00 650,000.00-17,790,763.66 19,222,074.61 37,012,838.27 - ( ) 3,491,832.02 212,744.75 225,278.51 3,479,298.26 5,100,000.00 5,000,000.00 100,000.00-656,000.00 656,000.00-500,000.00 500,000.00 15

2004 1 2004 2004 2004 2004 1,500,000.00 26,222,525.88 17,500,000.00 10,222,525.88 40,887.00 10,066,522.50-10,107,409.50 2 8,900,000.00 8,000,000.00 46,800,000.00 8,000,000.00 1600 2004 12 31 1 2004 4 21 5 3 2003 2003 2003 2003 2004 4 23 16

2004 2 2004 8 19 4 3 2004 2004 1 112 76307.3 9,990,736.31 1500 4,180,153.69 2 : : 10,000,000.00 10,222,525.88 10,000,000.00 10,107,409.50 / / 20,000,000.00 20,329,935.38 1 2 3 17

2004 4 : : 2004-08-30 10,000,000.00 2004-09-21 6,000,000.00 16,000,000 16,000,000 16,000,000 6.00% 5 6 5% 5% 220,000 5 1) 5554.5 36.8% 2004 2 12 3 2 6 3 7 16 9 7 9 29 2) 2004 8 19 2004 10 28 2004 2003 600714 2004 8 21 10 29 18

2004 3) 2004 8 19 2004 10 28 2004 5000 2004 8 21 10 29 4) 2004 9 27 2004 10 28 2004 7000 2004 9 28 10 29 5) 2004 10 12 76307.3 1500 2004 10 12 2004 11 15 2004 2004 10 14 11 16 6) 2004 2 12 30 / 25.5215 2004 2 2034 2 2005 3010 2004 12 31 2004 2004 12 31 2004 19

2004 : : : 2004 12 31 2003 12 31 1 6.1 13,321,334.54 64,540,077.19 2 3 6.2 1,986,275.00 1,165,794.00 4 6.3 6,163,629.10 13,740,371.10 5 6 6.4 22,713,956.16 28,618,431.40 7 6.5 13,043,100.21 27,560,978.12 8 6.6 8,880,569.81 4,367,333.95 9 6.7 313,536.05 313,536.05 10 6.8 53,408,556.19 25,192,627.33 11 21 24 31 119,830,957.06 165,499,149.14 32 6.9 70,369,919.49 77,603,202.21 34 6.10 912,000.00 38 70,369,919.49 78,515,202.21 39 6.11 250,621,878.40 31,196,465.34 40 6.11 7,463,543.09 4,752,460.07 41 243,158,335.31 26,444,005.27 42 43 243,158,335.31 26,444,005.27 44 45 6.12 110,791,074.81 46 50 243,158,335.31 137,235,080.08 51 6.13 71,702,578.46 84,418,534.93 52 53 60 71,702,578.46 84,418,534.93 61 67 505,061,790.32 465,667,966.36 68 6.14 70,000,000.00 69,650,000.00 69 6.15 5,000,000.00 20,000,000.00 20

2004 70 6.16 26,821,107.07 21,086,583.51 71 6.17 2,637,596.58 3,671,793.50 72 384,894.78 73 2,972,847.18 3,937,399.62 74 75 6.18 13,454,594.90 18,431,199.53 80 6.19 1,038,447.70 2,205,014.32 81 6.20 70,240,306.66 24,879,442.15 82 60,000.00 83 86 90 100 192,164,900.09 164,306,327.41 101 6.21 51,360,000.00 46,800,000.00 102 103 106 108 110 51,360,000.00 46,800,000.00 111 114 243,524,900.09 211,106,327.41 115 116 6.22 150,937,500.00 150,937,500.00 117 118 150,937,500.00 150,937,500.00 119 6.23 29,592,140.77 29,592,140.77 120 6.24 26,668,561.26 25,273,511.00 121 6.24 11,850,724.93 11,153,199.80 122 6.25 54,338,688.20 48,758,487.18 123 261,536,890.23 254,561,638.95 135 505,061,790.32 465,667,966.36 : : : 21

2004 : : : 2004 2003 1 6.26 72,253,117.48 154,028,126.65 4 6.26 59,294,932.27 123,957,446.18 5 6.27 437,209.23 552,279.50-10 12,520,975.98 29,518,400.97-11 6.28 4,765,315.27-65,862.89 : 14 2,392,680.21 13,390,805.11 15 7,624,400.46 11,362,222.53 16 6.29-3,563,776.91 3,001,498.43-18 10,832,987.49 1,698,012.01-19 6.30-6,483,282.72 18,260,379.28 22 6.31 670,553.55 543,680.64 23 6.32 4,200,667.17 141,151.08 25 148,848.07 174,784.53-27 9,072,077.42 20,468,438.48 28 2,096,826.14 785,822.66 29 30-32 6,975,251.28 19,682,615.82 48,758,487.18 33,012,394.52 55,733,738.46 52,695,010.34 697,525.13 1,968,261.58 697,525.13 1,968,261.58 54,338,688.20 48,758,487.18 ( - ) 54,338,688.20 48,758,487.18 1. 650,000.00 2. 3. ( ) 4. ( ) 5. 6. 2,187,500.00 7. 65,910.57 8. : : : 22

2004 2004 : : : 1 91,801,870.20 3 670,553.55 8 6.33 21,958,229.68 9 114,430,653.43 10 95,103,397.21 12 8,768,400.73 13 11,921,292.93 18 6.34 4,159,247.80 20 119,952,338.67 21-5,521,685.24 22 650,000.00 23 7,576,742.00 25 8,990,629.31 28 29 17,217,371.31 30 89,907,253.62 31 35 6.35 36 89,907,253.62 37-72,689,882.31 38 40 94,560,000.00 43 9,130,000.00 44 103,690,000.00 45 69,650,000.00 46 7,047,175.10 52 53 76,697,175.10 54 26,992,824.90 55 56-51,218,742.65 1 57 6,975,251.28 58-1,702,653.94 59 2,801,037.22 60 2,725,220.22 61 64 23

2004 65-60,000.00 ( : 66-4,200,667.17 ) 67 68-3,358,978.63 69 6,483,282.72 70 71-28,397,659.96 ( ) 72 19,823,284.86 ( ) 73-6,609,801.84 74 75-5,521,685.24 2 76 77 78 3 79 13,321,334.54 80 64,540,077.19 81 82 83-51,218,742.65 : : : 2004 : : : 4,790,369.63 1,702,653.94 1,702,653.94 3,087,715.69 2,488,559.25 513,432.62 513,432.62 1,975,126.63 2,301,810.38 1,189,221.32 1,189,221.32 1,112,589.06 915,004.77 915,004.77 915,004.77-24

2004 : : : 2004 : : : 150,937,500.00 107,812,500.00 43,125,000.00 43,125,000.00 150,937,500.00 150,937,500.00 29,592,140.77 72,704,099.93 13,040.84 13,040.84 43,125,000.00 43,125,000.00 29,592,140.77 29,592,140.77 14,120,311.20 12,152,049.62 697,525.13 1,968,261.58 697,525.13 1,968,261.58 697,525.13 1,968,261.58 25

2004 14,817,836.33 14,120,311.20 11,850,724.94 11,153,199.81 11,153,199.80 9,184,938.22 697,525.13 1,968,261.58 697,525.13 1,968,261.58 11,850,724.93 11,153,199.80 48,758,487.18 33,012,394.52-6,975,251.28 19,682,615.82 1,395,050.26 3,936,523.16-54,338,688.20 48,758,487.18 : : : 1 [1995] 048 2003 10 4 4,312.50 15,093.75 15,093.75 9,780.75 1,288.00 4,025.00 2002 2003 4 11 2003 5 22 2002 2003 6 3 2004 11 8 6300001200857 112 1996 5 25 2006 5 25 2 2.1 2.2, 1 1 12 31 26

2004 2.3 2.4 2.5 2.5.1 2.5.2 1 2 3 4 5 2.6 2.7 2.8 2.8.1 1, 2, 2.8.2 2.8.3 8% 2.9 2.9.1 2.9.2 2.9.3 2.9.4 2.10 2.10.1 27

2004 20% 20% 20% 20% 20% 50% 50%, 10 2.10.2 2.10.3 2.11 2.12 2.12.1 2000, 2.12.2 2.12.3 2.12.4 : 30-35 3% 2.77-3.23% 28

2004 12-18 3% 5.38-8.08% 35-45 3% 2.77-2.16% 9-12 3% 8.08-10.77% 5-8 3% 12.13-19.40% 2.12.4 2.13 2.13.1 2.13.2 2.13.3 3 2.14 2.14.1 2.14.2 2.14.3 3 3 2.14.4 2.15 2.16 29

2004 2.17 2.18 2.18.1 2.18.2, 2.18.3 1 2 2.19 2.20 2.20.1 [2004]3 1 2 [2004]3 2.20.2 2.21 2.22 2.22.1 [1995]11 [1996]2 30

2004 2.22.2 3 1 2 10% 3 10% 4 5 4 4.1 17% 17% 13% 4.2 4.3 7% 4.4 3% 4.5 (2002)176 15%, 15% 5 2004 12 31 1997 1998 2004 6 6.1 2004 12 31 13,321,334.54 2004.12.31 2003.12.31 27,978.41 13,319.14 13,293,356.13 64,526,758.05 13,321,334.54 64,540,077.19 6.2 2004 12 31 1,986,275.00 6.2.1 2004.12.31 2003.12.31 1,986,275.00 1,165,794.00 1,986,275.00 1,165,794.00 6.2.2, 5%( 5%) 6.3 31

2004 2004 12 31 6,163,629.10 2004.12.31 2003.12.31 6,163,629.10 13,740,371.10 6,163,629.10 13,740,371.10 6.4 2004 12 31 22,713,956.16 6.4.1 2004.12.31 2003.12.31 % 1 6,962,878.04 28.20 557,030.24 8,423,563.78 27.08 673,885.10 1 2 4,693,311.08 19.01 375,464.89 13,686,694.51 44.00 1,094,935.56 2 3 11,415,226.93 46.24 913,218.15 3,186,179.54 10.24 254,894.36 3 1,617,666.74 6.55 129,413.34 5,810,552.82 18.68 464,844.23 24,689,082.79 100 1,975,126.63 31,106,990.65 100 2,488,559.25 6.4.2 5% 5% 6.4.3 11,398,194.37 46.17% 6.5 2004 12 31 13,043,100.21 6.5.1 2004.12.31 2003.12.31 % % 1 3,316,547.68 23.43 265,323.81 23,224,647.80 77.77 1,770,759.12 1 2 5,123,249.14 36.19 409,859.93 6,353,450.82 21.28 508,276.07 2 3 5,600,059.42 39.56 428,138.68 284,689.88 0.95 22,775.19 3 115,833.03 0.82 9,266.64 14,155,689.27 100 1,112,589.06 29,862,788.50 100 2,301,810.38 6.5.2 5% 5% 6.5.3 11,259,101.42 79.54% 6.6 2004 12 31 8,880,569.81 6.6.1 2004.12.31 2003.12.31 % 1 6,366,512.70 71.69 3,168,753.78 72.56 1 2 1,473,407.95 16.59 465,212.93 10.65 2 3 415,160.56 4.67 9,700.00 0.22 3 625,488.60 7.05 723,667.24 16.57 8,880,569.81 100 4,367,333.95 100 32

2004 6.6.2 1 2,514,057.11 6.6.3 5% 5% 6.7 2004 12 31 313,536.05 2004.12.31 2003.12.31 313,536.05 313,536.05 313,536.05 313,536.05 6.8 2004 12 31 53,408,556.19 6.8.1 2004.12.31 2003.12.31 34,226,027.57 10,560,219.97 14,313,353.18 12,044,237.30 4,869,175.44 2,588,170.06 53,408,556.19 25,192,627.33 112.00% 6.8.2 6.9 2004 12 31 70,369,919.49 6.9.1 2003.12.31 2004.12.31 1 2 1 2 3 78,518,206.98 915,004.77 1,082,400.28 8,315,683.00 70,369,919.49 4 78,518,206.98 915,004.77 1,082,400.28 8,315,683.00 70,369,919.49 6.9.2 32.66 60,000,000.00 30.00 2,050,000.00 4.00 500,000.00 62,550,000.00 6.9.3 33

2004 2003.12.31 2004.12.31 915,004.77-915,004.77-915,004.77-915,004.77-6.9.4 2003 2004 12 31 12 31 + - + - 1,200,008.10-1,200,008.10-60,000,000.00 75,734,365.58-7,300,678.23 8,433,687.35 68,433,687.35 2,050,000.00 1,468,836.63 167,395.51-413,767.86 1,636,232.14 63,250,008.10 77,203,202.21-7,133,282.72 6,819,911.39 70,069,919.49 6.9.5 ( ) 2003.12.31 2004.12.31 800,000.00 10 560,000.00-80,000.00 480,000.00 800,000.00 10 560,000.00-80,000.00 480,000.00 6.10 2004 12 31 2003.12.31 2004.12.31 912,000.00-912,000.00 - - 912,000.00-912,000.00 - - 6.11 2004 12 31 243,158,335.31 6.11.1 2003.12.31 2004.12.31 115,684,590.38 120,585,054.12 136,269,644.50 2 11,898,266.22 95,656,292.27 107,554,558.49 3 2,086,024.23 2,086,024.23 4 3,419,718.18 1,325,000.18 936,596.95 3,808,121.41 5 193,890.56 709,639.21 903,529.77 31,196,465.34 220,362,010.01 936,596.95 250,621,878.40 11,677,870.14 750,962.75 2,428,832.89 2 2,895,577.30 1,116,372.64 4,011,949.94 3 4 141,397.86 453,840.95 89,954.20 505,284.61 34

2004 5 37,614.77 479,860.88 517,475.65 4,752,460.07 2,801,037.22 89,954.20 7,463,543.09 26,444,005.27 243,158,335.31 6.11.2 217,602,333.95 30 90,482,017.14 4.5 127,120,316.54 6.12 2004 12 31 6.12.1 2003.12.31 2004.12. 31 4.5 17787 39,800,208.86 87,320,107.68 127,120,316.54-30 17919 70,990,865.95 19,491,151.46 90,482,017.41-110,791,074.81 106,811,259.14 217,602,333.95-6.12.2 2003.12.31 2004.12.31 30 2,097,848.00 2,997,579.54 5,095,427.54 - - 2,097,848.00 2,997,579.54 5,095,427.54 5.58% 6.13 2004 12 31 71,702,578.46 2003.12.31 2004.12.31 14,828,642.00 12,773,437.11 9,990,736.31 355,413.86 2,427,286.94 492 72,859,421.50 71,645,097.82-2,369,806.30 69,275,291.52 342 87,688,063.50 84,418,534.93 9,990,736.31 2,725,220.16 71,702,578.46 15.06% 9,990,736.31 6.14 2004 12 31 70,000,000.00 6.14.1 2004.12.31 2003.12.31 70,000,000.00 69,650,000.00 70,000,000.00 69,650,000.00 6.14.2 8,900,000.00 8,000,000.00, 8,000,000.00, 21,400,000.00, 23,700,000.00 6.14.3 6.15 2004 12 31 5,000,000.00 35

2004 2004.12.31 2003.12.31 5,000,000.00 20,000,000.00 5,000,000.00 20,000,000.00 6.16 2004 12 31 26,821,107.07 5% 5% 6.17 2004 12 31 2,637,596.58 5% 5% 1 1,872,962.85 6.18 2004 12 31 13,454,594.90 2004.12.31 17% -1,470,072.84 15% 12,285,508.84 5% 1,254,206.22 7% 5% 128,834.49 33,183.09 1,222,935.10 13,454,594.90 6.19 2004 12 31 1,038,447.70 2004.12.31 3% 642,887.83 5% 405,503.98-54,300.00 3,284.00 35,327.34 5,625.75 118.80 1,038,447.70 6.20 2004 12 31 70,240,306.66 2004 12 31 5% 5% 10,107,409.50 57,444,756.20 28,938,580.93 20,329,935.38 8,176,239.89 6.21 2004 12 31 51,360,000.00 46,800,000.00 2003.05.23 2008.05.22 5.58% 4,560,000.00 51,360,000.00 46,800,000.00 4,560,000.00 (2004)156 6.22 36

2004 2004 12 31 150,937,500 150,937,500 2003.12.31 2004.12.31 1 110,687,500.00 110,687,500.00 55,545,000.00 55,545,000.00 55,142,500.00 55,545,000.00 110,687,500.00 2 3 4 110,687,500.00 110,687,500.00 1 40,250,000.00 40,250,000.00 2 3 4 40,250,000.00 40,250,000.00 150,937,500.00 150,937,500.00 6.23 2004 12 31 29,592,140.77 2003.12.31 2004.12.31 29,229,099.93 29,229,099.93 350,000.00 350,000.00 13,040.84 13,040.84 29,592,140.77 29,592,140.77 6.24 2004 12 31 26,668,561.26 2003.12.31 2004.12.31 11,153,199.81 697,525.13 11,850,724.94 11,153,199.80 697,525.13 11,850,724.93 2,967,111.39 2,967,111.39 25,273,511.00 1,395,050.26 26,668,561.26 6.25 6.25.1 2004 12 31 54,338,688.20 6,975,251.28 48,758,487.18 37

2004 697,525.13 697,525.13 54,338,688.20 6.25.2 17 2004 2004 6.26 2004 72,253,117.48 59,294,932.27 53.10% 12 6.26.1 2004 2003 2,270,041.04 1,753,155.30 92,914,431.27 70,176,183.00 4,927,641.16 4,067,133.36 13,909.41 14,202.03 3,806,963.97 3,366,955.62 8,873,627.00 2,133,552.84 4,029,891.15 1,524,131.69 106,615.38 134,698.21 115,057.27 111,827.46 51,108,361.91 45,509,282.03 38,975,601.58 35,368,283.90 9,154,813.84 9,086,668.62 7,966,472.32 8,104,185.82 812,273.48 812,273.48 1,171,543.14 1,089,845.09 34,000.21 72,253,117.48 59,294,932.27 154,028,126.65 123,957,446.18 6.26.2 2004 2003 72,253,117.48 59,294,932.27 154,028,126.65 123,957,446.18 6.26.3 5 50,442,234.01 69.81% 6.27 2004 437,209.23 2004 2003 7% 5% 152,606.02 384,539.86 3% 69,427.50 167,739.64 212,631.66-0.5% 2,544.05-437,209.23 552,279.50 6.28 2004 4,765,315.27 2004 2003 38

2004 306,890.00 9,943.24 296,946.76 4,699,990.34 253,799.49 4,446,190.85 500,579.10 459,865.80 40,713.30 1,989,322.53 1,903,684.69 85,637.84 173,191.64 191,727.28-18,535.64 1,763,723.72 1,915,224.45-151,500.73 5,680,651.08 915,335.81 4,765,315.27 3,753,046.25 3,818,909.14-65,862.89 6.29 2004-3,563,776.91 2004 2003 3,520,636.56 4,559,832.16 242,153.62 1,582,457.72 6,879,615.19-37,355.34 24,123.99-3,563,776.91 3,001,498.43 (2004)156 4.5 6.30-6,483,282.72 2004 2003 2,187,500.00-7,213,282.72 15,992,879.28 80,000.00 80,000.00 650,000.00-6,483,282.72 18,260,379.28 650,000.00 6.31 670,553.55 39

2004 670,553.55 (2004)09 2004.5.11-12.31 670,553.55 6.32 4,200,667.17 2004 2003 20,153.48 91,151.08 4,180,513.69 50,000.00 4,200,667.17 141,151.08 6.33 21,958,229.68 : 2004 242,153.62 21,716,076.06 21,958,229.68 6.34 4,159,247.80 2004 2,074,921.04 653,233.00 415,146.33 472,735.06 332,871.21 84,047.30 29,902.40 96,391.46 4,159,247.80 6.35 9,130,000.00 2004 9,130,000.00 9,130,000.00 7 7.1 7.1.1 100,000.00 11,208.37 40 7.1.2 2003.12.31 2004.12.31 100,000.00 - - 100,000.00

2004 11,208.37 - - 11,208.37 120.00-120.00-7.1.3 2003.12.31 2004.12.31 % % % % 5,554.50 36.80 5,554.50 36.80 - - 5,554.50 36.80 - - 5,554.50 36.80 120.00 100.00 120.00 100.00 - - 7.1.4 ( : ) 5,738 112 94,113 18,373 112 6000 112 1000 7.2.1 7.2.2 : 2004 2003 % % 258,652.99 11.39 592,697.80 0.64 262,063.69 65.37-520,716.68-592,697.80 7.2.3 : 2004 2003-60,956.58-70,523.63-22,729.56-86,243.07-240,452.84 7.2.4 : 2004 2003 141,525.57-41

2004 141,525.57-7.2.5 : 2004 7.2.6 7.2.7 15,000,000.00 4,180,153.69 650,000.00 650,000.00 15,650,000.00 4,830,153.69 8,900,000.00 8,000,000.00 54,800,000.00 10,000,000.00 107,409.50 10,000,000.00 222,525.88 7.2.8 2004 148,857.00 2003 140,544.00 7.3 2004 12 31 2003 12 31 % % 34,761.00 0.11-424,697.80 1.37 100,000.00 0.71 5,100,000.00 17.08 3,479,298.26 24.58 3,491,832.02 11.69 6,009,370.69 42.45 17,790,763.66 59.58 10,107,409.50 14.39 10,222,525.88 14.55 1,500,000.00 5.02 9 1600 2004 12 31 2004 12 31 10 2004 12 31 11 11.1 2004 2004 6,975,251.28 10% 697,525.13 10% 697,525.13 54,338,688.20 42

2004 2004 2005 3 23 12 12.1 2001 9 2004 2003 2004 2003 % % / / % % / / 4.79 4.85 0.0830 0.0830 11.60 12.06 0.1956 0.1956 4.14 4.20 0.0718 0.0718 0.67 0.69 0.0112 0.0112 2.67 2.70 0.0462 0.0462 7.73 8.04 0.1304 0.1304-1.15-1.17-0.0200-0.0200 6.36 6.61 0.1072 0.1072 12.2 2004 1 2004 2004 2003 2004 2003 650,000.00 20,153.48 4,180,513.69 6,879,615.19 1,065,404.92 65,910.57 2,187,500.00 283,869.19 11,796,192.93 3,536,774.11 79,896.23 68,951.84 33,633.45 148,848.07 33,633.45 11,647,344.86 3,503,140.66 1,649,601.73 525,471.09 9,997,743.13 2,977,669.57 13 13.1 2004 2 10 36.80% 5,554.50 2004 6 16 43

2004 2004 448 5,554.50 36.80% 13 2 2004 2 12 30 / 25.5215 2004 2 2034 2 13.3 : 65 65 112 76307.3 9,990,736.31 1500 4,180,153.69 2005 3 24 44