1
1 YUEYANG HENGLI AIR-COOLING EQUIPMENTINC. YUEYANG HENGLI 2 3 0730-8245198 0730-8245282 0730-8221311 4 414000 http:/www.yyhengli.com 2
yyhl@public.yy.hn.cn 5 http:/www.cninfo.com.cn OOO 6 000622 7 1993 5 18 4300001000868 430602186095561 1-146,174,406.58-148,824,579.96-94,799,341.02 4,285,103.47 228,950.56-101,201,097.73 7,816.17 304,000.00-45,285,125.02-89,625,774.90-114,541,702.52-503.70-304,000.00-18,811.05 44,351,738.72 3
9,996,814.97 54,025,238.94 2 _ 2004 2003 2002 % 143,759,833.18 232,767,343.76 232,767,343.76-38.24 198,236,515.55-148,824,579.96-15,155,369.77 1,731,849.49-881.99 1,593,477.79 472,406,153.45 566,465,916.60 583,167,167.19-16.60 527,698,316.27-1,959,040.10 143,035,874.14 159,923,093.40-101.37 158,062,922.53-1.05-0.10692 0.012-854.55 0.011 / -0.014 1.009130 1.13-100.99 1.11-0.26858 0.9609 1.08-128.13 1.12-89,625,774.90-16,992,025.83-16,992,025.83-427.46 15,485,072.26-10.60% 1.08% 1.01% -94,799,341.02-12,624,401.22 4,262,818.04-650.92 1,854,568.52-0.088 2.67% 1.17% -0.63-0.12-0.12-425.00 0.11 / 16887219.26 2003 185968.67 16701250.59 3 % -219-3.02-3.02-71.40-71.40-105.00-105.00-66.88-66.88 4 141,742,000.00 60,808,793.17 6,593,154.63 2,752,203.31-66,108,073.66 143,035,874.14 ---- 3,829,665.72 342,902.50 114,300.83 4,172,568.22 4
----- ---- ----- 149,167,482.46 149,167,482.46 141,742,000.00 64,638,458.89 6,936,057.13 2,866,504.14-215,275,556.12-1,959,040.10 12004 148,824,579.96 22004 2003 16887219.26 1 ( 2004 12 31 ) : (+-) 1 66142000 66142000 13546000 13546000 13896000 13896000 2 48300000 48300000 3 30374 30374 4 75772374 75772374 1 65969626 65969626 2 3 4 65969626 65969626 141742000 141742000 2 3 1 2004 12 31 24328 22004 12 31 +-(%) 1 38,700,000 27.30 38700000 2 13,546,000 9.56 600000 3 4,800,000 3.39 4 4,800,000 3.39 5 2,400,000 1.69 6 2,400,000 1.69 7 2,400,000 1.69 8 1,200,000 0.85 5
9 1,200,000 0.85 10 1,200,000 0.85 1 2003, 3870, 3000 2 1354.6 60 0.42% 3 4 2004 12 31 10 1 621,439 A 2 300,000 A 3 270,000 A 4 270,000 A 5 270,000 A 6 233,637 A 7 225,000 A 8 209,056 A 9 158,680 A 10 158,000 A 5 10% 27.3% 1 6 6
70% 27.3% 1 42 2003.5-2006.5 0 0 41 2003.5-2006.5 0 0 37 2003.5-2006.5 0 0 43 2003.5-2006.5 30374 30374 58 2003.5-2006.5 0 0 60 2003.5-2006.5 0 0 67 2003.5-2006.5 0 0 43 2003.5-2006.5 0 0 47 2003.5-2006.5 0 0 38 2003.5-2006.5 0 0 39 2003.5-2006.5 0 0 45 2004.12-2007.12 0 0 38 2003.5-2006.5 0 0 42 1983 41 1983 405 1999 7
37 1990 7-2000 12 2001 1 43 1982 58 1970 8-1978 9 1978 9-1985 8 1985 8-1994 6 1994 2003 60 1968-1984 1984-1993 1993-1997 1997-2001 2001 2003 67 1961 1 47 1982 39 8
38 1960 38 2 2001 3 1 2 98.8 34 3 2003 8 4 15 1 10 15 2 5 10 6 5 4 2004 4 2 2004 5 15 2004 8 4 2004 12 29 9
5 1174 622 80 45 38 123 26 78 203 147 266 1 2 2002 2003 6 6 1 6 4 2 0 6 4 2 0 2 2 2003 3 1 10
2 3 4 5 4 2004 1 3 2003 2003 10 22 2003 12 25 11
2002 12 31 61658237.36 57958743.12 1993 - [2003]12 [2003]50 2003 8 8-2003 12 25 2003 8 8 3341762.74 2-3 1 1 4 12
2 3 2 70 91.42 3699494.24 3699494.24 3 200319# 40 70 2004 2 21 2004 4 7 2003 13
2003 2003 2003 2003 2003 2003 1731849.49 151650.69 75825.34 1504373.46 2004 5 19 () 1 2004 2004 14375.98 38.24% 6422.4 41.6% 411.67 346.1% 14
70 91.42 3699494.24 3699494.24 1 % % % % 135,252,436.10 130,864,689.51 3.24-30.39-2.20-89.60 6,525,777.08 6,319,584.65 3.16-80.14-80.52 150.79 1,981,620.00 1,851,500.00 6.57-64.64-58.86-66.65 143,759,833.19 139,035,774.16 (%) 93,371,272.82 3.16 50,388,560.36-64.58 2 10% % % % % 135,252,436.10 130,864,689.51 3.24-30.39-2.20-89.60 3 2 1000 5884 500 4422 381-336 15
500 949.5-121 3 4176.93 22.04% 10870.09 75.61% 4 1 2 % 472406153.45 566,465,916.60-16.60 2,611,000.00 22,441,000.00-88.37-1,959,040.10 143,035,874.14-101.37 4,285,103.47 44,243,705.72-90.31-148,824,579.96-15,155,369.77-881.99-114,541,702.52 43,031,599.11 12004 2 2004 16
3 2003 2004.13.23.28.29 2004 12 31 21,527.56 21,589.80 2,997.20 2,945.875 38.24% 10,874.59 1 6 1 2004 2 20 a b 2 2004 4 2 a 2003 b 2003 c 2003 d 2003 e 2003 17
1731849.49 151650.69 75825.34 1504373.46 f 2003 g 2004 4 7 3 2004 4 22 2004 4 2004 5 15 2004 5 19 5 2004 8 4 a 2004 b 2004 2004 c 2004 8 7 6 2004 12 29 a b 18
c 2005 1 3 2004 16701250.59 16701250.59 1 2004 12 31 [ (2005)ZA098 ] 20041231 2004 ( ) 2005 413 2004 19
2004 2004 2004 2004 2004 3,700,000.00 11,352,834.00 15,052,834.00 188,342.40 441,372.4-253,030.00-420,000.00 47,900,000.00 47,480,000.00 1,500,000.00 1,500,000.00 2,105,400.00 2,700,000.00 4,805,400.00 1,500,000.00 43,213,100.00 44,713,100.00 1,196,650.00 1,000,000.00 196,650.00 581,277.64 365,328.32 946,605.96 2,256,219.97 2,256,219.97 2,406,000.00 2,406,000.00 2 [2003]56 20
a 2004 2004 b2004 13895 800 5000 2004 56 () 1 2003 2004 4 2 2003 2003 2004 4 22 2004 21
2004 7 30 2004 2004 12 29 22004 2004 2004 2004 1 2003 6 10 2000 2004 6 10 22
2004 6 28 1 466.70 2 290 3 1842 4 2 2004 7 27 2004 53 2003 9 24 10 15 10 16 200 500 1300 1300 2004 7 7 32003 5 22 3000 4 2003 9 5 5000 2004 8 2004 12 1 2 10 5000 2003 12 21 2004 9 4 23
4.20375 2004 9 4 3 10 80 4 5 6 261260 275520 5 2004 9 2004 11 1 10 3000 2003 11 23 2 10 480000 3 4 5 161705 165520 6 2004 12 2005 3 2004 32 1 29972000 2004 6 21 2 24
3 163668 7 2004 12 2005 3 2004 63 1 29458750 21625.05 2004 6 26 2004 6 27 2 3 160000 150520 310520 1 2 3 1 2 2003822 260.00 2 2004525 4,000.00 1 25
3 5% 5% 16 3 20047 (2005)CA422 2004 12 31 2004 26
2004 12 31 2004.13.23.28.29 2004 12 31 21,527.56 21,589.80 2,997.20 2,945.875 38.24% 10,874.59 2005 4 13 11,940,196.87 297,807.35 126,481,899.39 80,694,888.63 206,477.60 206,477.60 776,079.60 776,079.60 27
15,980,970.00 4,896,670.00 5,483,200.00 3,983,200.00 1,203,244.72 1,203,244.72 68,638,862.40 57,765,793.25 99,852,869.31 89,700,004.97 122,810,790.28 124,384,010.42 30,139,035.25 30,399,553.16 13,542,005.06 12,823,544.18 26,165,270.17 25,820,498.52 61,220,797.03 39,691,825.20 85,395,161.34 60,808,970.66 14,221.32 14,221.32 28,949.56 28,949.56 294,354,320.56 241,283,594.04 374,322,464.62 293,415,389.82 2,424,094.75 49,545,623.78 2,435,089.64 51,342,025.45 2,424,094.75 49,545,623.78 2,435,089.64 51,342,025.45 251,727,845.21 164,988,069.92 256,126,663.83 169,857,478.63 125,453,166.61 74,558,892.45 113,905,432.06 67,413,799.19 126,274,678.60 90,429,177.47 142,221,231.77 102,443,679.44 14,645,988.11 8,114,026.20 18,881,619.43 13,221,803.30 111,628,690.49 82,315,151.27 123,339,612.34 89,221,876.14 5,000.00 5,000.00 1,033,750.00 1,033,750.00 111,633,690.49 82,320,151.27 124,373,362.34 90,255,626.14 63,994,047.65 63,994,047.65 65,335,000.00 65,000,000.00 63,994,047.65 63,994,047.65 65,335,000.00 65,000,000.00 472,406,153.45 437,143,416.74 566,465,916.60 500,013,041.41 245,046,000.00 238,546,000.00 228,600,000.00 246,600,000.00 8,300,000.00 1,513,309.00 1,156,909.00 64,687,198.95 43,863,452.64 93,512,476.60 45,073,989.20 2,014,263.04 40,197,854.17 6,989,007.18 5,027,889.03 2,746,608.09 2,209,086.82 89,857.96 2,572,537.35 2,531,408.20 950,648.46 795,123.91 1,385,550.22 396,695.30 1,285,550.22 396,695.30 5,905,741.45 3,649,925.16 4,116,096.88 1,879,007.43 139,937.56 121,214.35 57,549.71 47,201.22 19,090,803.94 17,577,009.24 15,259,774.77 11,516,092.41 28
5,822,364.00 5,822,364.00 46,172,199.57 46,172,199.57 3,152,199.57 3,152,199.57 44,972,000.00 39,972,000.00 30,000,000.00 30,000,000.00 451,136,485.11 441,596,730.72 380,656,692.03 347,696,083.18 20,000,000.00 10,000,000.00 2,611,000.00 2,441,000.00 2,611,000.00 22,441,000.00 10,000,000.00 453,747,485.11 441,596,730.72 403,097,692.03 357,696,083.18 20,617,708.44 20,332,350.43 141,742,000.00 141,742,000.00 141,742,000.00 141,742,000.00 141,742,000.00 141,742,000.00 141,742,000.00 141,742,000.00 64,638,458.89 64,638,458.89 60,808,793.17 60,808,793.17 6,936,057.13 2,582,018.00 6,593,154.63 2,582,018.00 2,866,504.15 1,415,157.77 2,752,203.32 1,415,157.77-215,275,556.12-213,415,790.87-66,108,073.66-62,815,852.94-1,959,040.10-4,453,313.98 143,035,874.14 142,316,958.23 472,406,153.45 437,143,416.74 566,465,916.60 500,013,041.41 143,759,833.18 56,878,983.44 232,767,343.76 137,567,066.56 139,035,774.16 70,786,823.78 187,453,409.06 114,156,872.84 438,955.55 211,004.74 1,070,228.98 745,811.55 4,285,103.47 - -14,118,845.08 44,243,705.72 22,664,382.17 228,950.56 - -313,397.46 1,745,249.55 1,127,824.12 16,452,695.27 12,574,154.05 13,229,043.04 9,459,389.65 29
71,762,318.64 60,637,988.41 21,819,546.96 8,793,626.03 17,500,137.85 16,790,081.14 16,648,511.23 15,009,816.52-101,201,097.73 - -104,434,466.14-5,708,145.96-9,470,625.91 7,816.17 - -1,777,590.62 2,582.76 852,196.88 304,000.00 30,000.00 30,000.00 125,771.51 57,150.00 232,170.00 217,770.00 45,410,896.53 44,445,031.17 6,755,966.69 6,639,946.64-146,174,406.58 - -150,599,937.93-12,199,359.89-15,010,605.67 2,364,815.36 1,876,757.57 143,837.11 285,358.02 1,079,252.31-148,824,579.96 - -150,599,937.93-15,155,369.77-15,154,442.78-66,108,073.66-62,815,852.94-50,725,227.86-47,661,410.16-214,932,653.62-213,415,790.87-65,880,597.63-62,815,852.94 228,601.67 151,650.69 114,300.83 75,825.34-215,275,556.12-213,415,790.87-66,108,073.66-62,815,852.94-215,275,556.12-213,415,790.87-66,108,073.66-62,815,852.94 1 2 3 30
4 5 6 196,299,683.36 131,580,732.21 304,000.00 2,698,574.53 1,949,530.91 199,302,257.89 133,530,263.12 159,173,260.26 103,935,097.59 26,214,938.66 18,196,619.12 8,961,223.62 1,589,060.95 94,578,610.25 77,495,999.88 288,928,032.79 201,216,777.54-89,625,774.90-67,686,514.42 569,602.00 569,602.00 18,811.05 18,811.05 149,200.00 69,000.00 41,700.72 779,313.77 657,413.05 2,635,129.80 1,727,960.00 2,635,129.80 1,727,960.00-1,855,816.03-1,070,546.95 47,690,000.00 42,690,000.00 3,825,429.03 3,825,429.03 51,515,429.03 46,515,429.03 61,772,000.00 46,272,000.00 12,803,540.62 11,883,448.94 74,575,540.62 58,155,448.94-23,060,111.59-11,640,019.91-114,541,702.52-80,397,081.28 31
1-148,824,579.96-150,599,937.93 9,996,814.97 8,204,670.46 11,547,734.55 7,145,093.26 1,340,952.35 1,005,952.35 14,728.24 14,728.24 5,822,364.00 5,822,364.00 85,117.81 46,133.33-1,948,578.58-903,367.80-7,816.17 1,777,590.62 23,056,265.76 21,478,531.26-59,476,294.01-69,869,747.32 25,462,158.12 65,171,475.11 43,020,000.00 43,020,000.00 285,358.02-89,625,774.90-67,686,514.42 2 3 11,940,196.87 297,807.35 126,481,899.39 80,694,888.63-114,541,702.52-80,397,081.28 16,601,934.24 13,114,347.74-29,716,281.98 13,931,117.29 4,860,042.28 18,791,159.57 2,670,816.95 8,254,305.46 10,925,122.41 - - - - - - - - - - 32
17,727,793.98 1,857,215.75 739,117.20 739,117.20 18,845,892.53 13,362,845.92 645,862.96 645,862.96 12,716,982.96 882,454.16 93,254.24 93,254.24 789,199.92 3,482,493.90 1,857,215.75 5,339,709.65 - - - - - - - - - - 18,881,619.43-3,769,392.62 466,238.70 4,235,631.32 14,645,988.11 8,609,788.50 1,900,876.00 10,119,324.11 1,868,516.62 1,900,876.00 6,708,912.50 466,238.70 2,334,755.32 7,784,568.79 85,565.16 85,565.16 66,941.66 66,941.66 - - - - - - - - - - - - - - 53,211,347.65 14,971,563.49 4,508,509.82 466,238.70 4,974,748.52 63,208,162.62 2004 12 31 1993 3 1993 20 25 15 4200 1996 1996261 262 1000 300 1996 11 1 186095561-1 5-3 1997 7 4 18380626-83-1 5200 1997 6 [1997]2 1996 10:2 6240 33
1998 10 30 1998116 1997 10:2.5 8 / 847.10 1 7087.10 1999 3 199906 1998 1998 7087.10 10 2 10 8 14174.20 1999 5 20 1997 11 3 2425.20 38.87%1997 11 3 1997 282 1800 28.85% 27.30%625.20 10.02% 9%2000 2 24 3870 2000 11 2000124 4300001000868 141742000 1 2 1 1 12 31 3 4 34
5 6 7 8 : a. b. ( ) 1 6% 1-2 10% 2-3 15% 3-4 30% 4-5 50% 5 100% 9 35
1 2 3 4 5 6 10 a. b. 20% 20% 20% 20% 36
c.,,,, 10 10 10 [2003]10 10 10 a. b. 37
c. 11 12 a. b. ( 3%) : 25 3.88% 40 2.425% 10 9.70% 6 16.17% 8 12.125% 13 38
14 a. ; b. ; c. : a. ; b. 3 15 39
10 16 17 a. b. ; 18 19 1 2 3 ; 1 2 40
20 ( ) 21 22 : 50% 50% 41
17% 5% 7% 3% 33% : 33% 24% 16,701,250.59 16,701,250.59 16,701,250.59 16,701,250.59 1 1000 600 60% 500 375 75% 500 466.7 93.34% 510 290 56.86% 2 80 60 75% 2003 10 1 2006 9 30 2004 8 23 42
1 2004.12.31 2003.12.31 183,565.97 183,565.97 91,349.65 91,349.65 11,756,630.90 11,756,630.90 58,890,549.74 58,890,549.74 - - 67,500,000.00 67,500,000.00 11,940,196.87 11,940,196.87 126,481,899.39 126,481,899.39 2 2004.12.31 2003.12.31 206,477.60 206,477.60 776,079.60 776,079.60 206,477.60 206,477.60 776,079.60 776,079.60 * 180 2002 11 20,000.00 2003 6 10,000.00 2003 8 176,477.60 19,602.00 206,477.60 19,602.00 1 2 3 2004.12.31 2003.12.31 15,980,970.00 5,483,200.00 15,980,970.00 5,483,200.00 6000000.00 4 2004.12.31 2003.12.31 1 37,023,010.13 42.35% 2,221,384.45 6% 34,801,625.68 58,578,281.88 51.48% 3,514,696.91 6% 55,063,584.97 1-2 11,447,880.09 13.10% 1,144,788.01 10% 10,303,092.08 18,994,959.56 16.69% 1,899,495.96 10% 17,095,463.60 2-3 8,169,812.89 9.34% 1,231,079.83 15% 6,938,733.06 25,399,963.52 22.33% 3,809,994.52 15% 21,589,969.00 3-4 20,433,389.72 23.37% 6,102,438.40 30% 14,330,951.32 8,414,657.49 7.40% 2,524,397.25 30% 5,890,260.24 4-5 4,528,920.53 5.18% 2,264,460.27 50% 2,264,460.26 427,183.01 0.37% 213,591.51 50% 213,591.50 5 5,827,008.61 6.66% 5,827,008.61 100% 0.00 1,968,941.14 1.73% 1,968,941.14 100% 0.00 87,430,021.97 100% 18,791,159.57 68,638,862.40 113,783,986.6 100% 13,931,117.29 99,852,869.31 1 5% 5% 43
2 21594660.76 24.70% 5 2004.12.31 2003.12.31 1 121,869,715. 91.13% 7,335,183.50 6% 114,534,531.89 20,871,842.72 63.61% 1,252,310.56 6% 19,619,532.16 1-2 2,727,026.55 2.04% 282,702.66 10% 2,444,323.89 10,767,563.57 32.82% 1,076,756.36 10% 9,690,807.21 2-3 3,832,875.43 2.87% 574,931.40 15% 3,257,944.03 662,846.35 2.00% 99,426.95 15% 563,419.40 3-4 3,010,843.98 2.25% 916,690.79 30% 2,094,153.19 57,383.50 0.17% 17,215.05 30% 40,168.45 4-5 959,674.56 0.71% 479,837.28 50% 479,837.28 450,216.06 1.40% 225,108.03 50% 225,108.03 5 1,335,776.78 1.00% 1,335,776.78 100% 0.00 - - - 100% - 133,735,912.69 100% 10,925,122.41 122,810,790.28 32,809,852.20 100.00% 2,670,816.95 30,139,035.25 1 5% 5% 15,052,834.00 2 111,650,353.97 83.49% 47,480,000.00 44,713,100.00 15,052,834.00 2,148,200.00 2,256,219.97 6 2004.12.31 2003.12.31 1 11,914,522.69 88.12% 26,165,270.17 100% 1-2 1,627,482.37 11.88% - - 13,542,005.06 100% 26,165,270.17 100% 1 5% 5% 2 7 2004.12.31 2003.12.31 42,638,684.03 12,716,982.96 29,921,701.07 55,226,474.74 13,362,845.92 41,863,628.82 5,391,044.03 789,199.92 4,601,844.11 12,902,607.18 882,454.16 12,020,153.02 50,012.91 50,012.91 102,993.98-102,993.98 28,180,591.76 5,339,709.65 22,840,882.11 32,694,008.05 3,482,493.90 29,211,514.15 3,806,356.83 3,806,356.83 521,932.47-521,932.47 1,674,938.90-1,674,938.90 80,066,689.56 18,845,892.53 61,220,797.03 103,122,955.32 17,727,793.98 85,395,161.34 44
13,362,845.92 645,862.96 12,716,982.96 882,454.16 93,254.24 789,199.92 3,482,493.90 1,857,215.75 5,339,709.65 17,727,793.98 1,857,215.75 739,117.20 18,845,892.53 8 1,200.16 103,773.39 96,959.11 8,014.44 27,749.40 37,241.26 58,783.78 6,206.88 28,949.56 141,014.65 155,742.89 14,221.32 9 2004.12.31 2003.12.31 2,334,303.00-2,334,303.00 2,334,303.00-2,334,303.00 89,791.75-89,791.75 100,786.64-100,786.64 2,424,094.75-2,424,094.75 2,435,089.64-2,435,089.64 1 2004.12.31 2003.12.31 2,424,094.75-2,424,094.75 2,435,089.64-2,435,089.64 2,424,094.75-2,424,094.75 2,435,089.64-2,435,089.64 (2) 200,000.00 200,000.00 2% 200,000.00 194,303.00 0.2% 140,000.00 140,000.00 17.5% 300,000.00 300,000.00 17.86% 300,000.00 300,000.00 17.86% 700,000.00 700,000.00 87.5% 500,000.00 500,000.00 0.13% 45
2,340,000.00 2,334,303.00 (3) 109,949.03 109,949.03 10 10,994.88 89,791.75 10,994.88 89,791.75 1 2 3 10 105,773,740.50 2,046,620.51 195,000.00 107,625,361.01 134,505,313.30 3,771,114.59 36,372.00 138,240,055.89 6,075,525.04 248,000.00 3,281,598.83 3,041,926.21 9,772,084.99 45,760.00 6,997,342.89 2,820,502.10 256,126,663.83 6,111,495.10 10,510,313.72 251,727,845.21 33,040,633.91 3,451,441.54 32,688.52 36,459,386.93 69,301,467.65 13,831,806.89 15,383.20 83,117,891.34 3,815,884.01 510,957.70 1,374,152.03 2,952,689.68 7,747,446.49 1,893,995.06 6,718,242.89 2,923,198.66 113,905,432.06 19,688,201.19 8,140,466.64 125,453,166.61 142,221,231.77 126,274,678.60 * 18,881,619.43 14,645,988.11 123,339,612.34 111,628,690.49 1 6014 2 1638000.00 * 8,609,788.50 1,900,876.00 6,708,912.50 10,119,324.11 2,334,755.32 7,784,568.79 85,565.16 85,565.16 66,941.66 66,941.66 18,881,619.43 4,235,631.32 14,645,988.11 11 46
1,033,750.00 609,250.00 1,638,000.00 5,000.00 1,033,750.00 609,250.00 1,638,000.00 5,000.00 : 1,033,750.00 609,250.00 1,638,000.00 5,000.00 1 12 200 335,000.00-335,000.00 2,000,000.00-0 6500 65,000,000.00-1,005,952.35 1,005,952.35 63,994,047.65 68 11 65,335,000.00 1,340,952.35 3,005,952.35 63,994,047.65 : 65,335,000.00 1,340,952.35 3,005,952.35 63,994,047.65 13 2004.12.31 2003.12.31 6,080,000.00 6,080,000.00 6,080,000.00 6,080,000.00 19,600,000.00 19,600,000.00 28,000,000.00 28,000,000.00 189,366,000.00 189,366,000.00 190,020,000.00 190,020,000.00 30,000,000.00 30,000,000.00 4,500,000.00 4,500,000.00 245,046,000.00 245,046,000.00 228,600,000.00 228,600,000.00 : 17,592.60 14 2004.12.31 2003.12.31 8,300,000.00 1,513,309.00 8,300,000.00 1,513,309.00 15 5% 5% 47
16 5% 5% 17 2004.12.31 2003.12.31 1,382,599.00 1,282,599.00 2,951.22 2,951.22 1,385,550.22 1,285,550.22 18 2004.12.31 2003.12.31 17% 8,542,663.98 8,326,250.71 7% 215,652.05 37,644.24 33% -3,652,771.39-4,584,270.91 5% 183,994.03 218,796.70 1.2% 228,295.57-624,975.43 117,676.14-237,068.22 5,905,741.45 4,116,096.88 19 2004.12.31 2003.12.31 3% 138,475.34 57,549.91 1% 1,462.22-139,937.56 57,549.71 20 5% 5% 21 2004.12.31 2003.12.31 5,810,000.00-12,364.00-5,822,364.00-22 48
2004.12.31 2003.12.31 46,172,199.57 3,152,199.57 46,172,199.57 3,152,199.57 3810 90%3429 5000 20%1000 23 2004.12.31 2003.12.31 * 44,972,000.00 30,000,000.00 44,972,000.00 30,000,000.00 * 2004.12.31 2003.12.31 15,000,000.00 15,000,000.00 10,000,000.00 10,000,000.00 29,972,000.00 29,972,000.00 20,000,000.00 20,000,000.00 44,972,000.00 44,972,000.00 30,000,000.00 30,000,000.00 : 3997.20 24 () 2,406,000.00-2,406,000.00 205,000.00-205,000.00 2,611,000.00-2,611,000.00 : -. 25.75,742,000 75,742,000 1. 66,142,000 66,142,000 : 13,546,000 13,546,000 49
52,596,000 52,596,000 2. 9,600,000 9,600,000 : 9,600,000 9,600,000 3. 75,742,000 75,742,000. 66,000,000 66,000,000 1. 66,000,000 66,000,000 2. 3. 4. 66,000,000 66,000,000. 141,742,000 141,742,000 26 45,972,771.79 - - 45,972,771.79 14,249,450.00 - - 14,249,450.00-3,825,429.03-3,825,429.03 586,571.38 4,236.69-590,808.07 60,808,793.17 3,829,665.72-64,638,458.89 27 * 3,451,997.90 228,601.67-3,680,599.57 388,953.41 - - 388,953.41 3,840,951.31 - - 4,069,552.98 2,752,203.32 114,300.83-2,866,504.15 6,593,154.63 342,902.50-6,936,057.13 50
28 2004-148,824,579.96-66,108,073.66 228,601.67 114,300.83-215,275,556.12 16887219.26 2003 185968.67 16701250.59 16701250.59 29 1 2004 2003 2004 2003 2004 2003 170,089,684.70 241,420,555.51 165,701,938.11 198,947,528.01 4,387,746.59 42,473,027.50 6,525,777.08 32,862,606.87 6,319,584.65 32,448,163.21 206,192.43 414,443.66 1,981,620.00 5,603,730.00 1,851,500.00 4,500,000.00 130,120.00 1,103,730.00 178,597,081.78 279,886,892.38 173,873,022.76 235,895,691.22 4,724,059.02 43,991,201.16 34,837,248.60 47,119,548.62 34,837,248.60 48,442,282.16 - -1,322,733.54 143,759,833.18 232,767,343.76 139,035,774.16 187,453,409.06 4,724,059.02 45,313,934.70 2 2004 2003 2004 2003 2004 2003 103,021,024.80 99,340,287.61 85,795,457.48 83,813,368.37 17,225,567.32 15,526,919.24 75,576,056.98 151,903,596.41 88,077,565.28 122,116,580.95-12,501,508.30 29,787,015.46 178,597,081.78 251,243,884.02 173,873,022.76 205,929,949.32 4,724,059.02 45,313,934.70 34,837,248.60 18,476,540.26 34,837,248.60 18,476,540.26 - - 143,759,833.18 232,767,343.76 139,035,774.16 187,453,409.06 4,724,059.02 45,313,934.70 2004 2003 108700912.68 75.61% 122,722,506.17 52.72% 30 2004 2003 51
5% 99,081.00 509,163.33 7% 223,013.60 360,165.35 3% 70,674.01 154,368.14 1% 46,186.94 45,595.64 1.5% - 936.52 438,955.55 1,070,228.98 31 2004 2003 2004 2003 2004 2003 8,294,421.40 23,982,283.32 8,444,715.18 23,002,892.76-150,293.78 979,390.56 104,333.13 515,034.05-20,935.00 104,333.13 494,099.05 345,023.99 950,646.02-70,112.78 678,886.08 274,911.21 271,759.94 8,743,778.52 25,447,963.39 8,514,827.96 23,702,713.84 228,950.56 1,745,249.55 32 2004 2003 19,658,751.40 18,834,751.67 2,306,199.10 2,363,614.58 147,585.55 177,374.14 17,500,137.85 16,648,511.23 33 2004 2003 : 18,811.05 11,745.16 - - -10,994.88-9,162.4 7,816.17 2582.76 34-2004 2003 304,000.00 30,000.00 304,000.00 30,000.00 35 52
2004 2003 85,621.51 193,100.00 150.00 24,670.00 40,000.00 14,400.00 125,771.51 232,170.00 36 2004 2003 85,117.81-44,290,000.00 6,152,199.57-42,660.00 900,000.00-117,986.00 95,188.72 52,217.89 6,700.00 175,989.69 33,890.00 264,916.87 45,410,896.53 6,569,998.02 37 2004 43,213,100.00 4,923,435.31 3,938,941.97 4,863,400.89 1 2004.12.31 2003.12.31 1 25,665,703.47 33.85% 1,539,945.99 6% 24,125,757.48 53,052,206.35 51.63% 3,183,132.38 6% 49,869,073.97 1-2 11,263,750.35 14.85% 1,126,375.04 10% 10,137,375.31 12,296,309.38 11.97% 1,229,630.94 10% 11,066,678.44 2-3 8,159,506.09 10.76% 1,219,533.81 15% 6,939,972.28 26,992,453.90 26.27% 4,048,868.09 15% 22,943,585.81 53
3-4 20,400,927.72 26.90% 6,102,699.80 30% 14,298,227.92 8,010,107.49 7.80% 2,403,032.25 30% 5,607,075.24 4-5 4,528,920.53 5.97% 2,264,460.27 50% 2,264,460.26 427,183.01 0.41% 213,591.50 50% 213,591.51 5 5,813,208.61 7.67% 5,813,208.61 100% 0.00 1,968,941.09 1.92% 1,968,941.09 100% - 75,832,016.77 100% 18,066,223.52 57,765,793.25 102,747,201.22 100% 13,047,196.25 89,700,004.97 1 5% 5% 2 20540836.84 27.09% 2 2004.12.31 2003.12.31 1 126,097,383.39 93.32% 7,565,843.11 6% 118,531,540.28 15,015,865.50 45.95% 900,951.93 6% 14,114,913.57 1-2 1,735,726.55 1.28% 173,572.66 10% 1,562,153.89 16,107,908.55 49.29% 983,839.65 10% 15,124,068.90 2-3 2,074,462.68 1.54% 311,169.40 15% 1,763,293.28 1,061,546.35 3.25% 159,231.95 15% 902,314.40 3-4 2,922,318.98 2.16% 875,133.29 30% 2,047,185.69 51,883.50 0.15% 15,565.05 30% 36,318.45 4-5 959,674.56 0.71% 479,837.28 50% 479,837.28 443,875.69 1.36% 221,937.85 50% 221,937.84 5 1,335,776.78 0.99% 1,335,776.78 100% 0.00 0.00% 100% - 135,125,342.94 100% 10,741,332.52 124,384,010.42 32,681,079.59 100% 2,281,526.43 30,399,553.16 1 5% 5% 15,052,834.00 2 111,650,353.97 82.63% 47,480,000.00 44,713,100.00 15,052,834.00 2,148,200.00 2,256,219.97 3 2004.12.31 2003.12.31 49,545,623.78 49,545,623.78 51,342,025.45 51,342,025.45 49,545,623.78 49,545,623.78 51,342,025.45 51,342,025.45 1 2004.12.31 2003.12.31 54
47,811,320.78 47,811,320.78 48,906,935.81 48,906,935.81 1,734,303.00 1,734,303.00 2,435,089.64 2,435,089.64 49,545,623.78 49,545,623.78 51,342,025.45 51,342,025.45 (2) 2,900,000.00-429,182.32-789,285.43 2,110,714.57 56.86% 4,667,000.00-1,131,276.99-2,209,544.88 2,457,455.12 93.34% 6,000,000.00 2,286,016.67 7,484,715.29 13,484,715.29 60.00% 32,226,748.14-2,521,959.03-2,468,312.34 29,758,435.80 75% 200,000.00-5,697.00 194303.00 2% 200,000.00 200,000.00 0.2% 140,000.00 140,000.00 17.5% 300,000.00 300,000.00 17.86% 300,000.00 300,000.00 17.86% 600000.00 600000.00 75% 47,533,748.14 - -1,796,401.67 2,011,875.64 49,545,623.78 : 1,900,000.00 1,000,000.00-429,182.32-789,285.43 2,110,714.57 56.86% 4,667,000.00-1,131,276.99-2,209,544.88 2,457,455.12 93.34% 6,000,000.00 2,286,016.67 7,484,715.29 13,484,715.29 60% 32,226,748.14-2,521,959.03-2,468,312.34 29,758,435.80 75% 44,793,748.14 1,000,000.00-1,796,401.67 2,017,572.64 47,811,320.78 (3) 109,949.03 10 10,994.88 89,791.75 109,949.03 10,994.88 89,791.75 1 2 55
4 (1) ( 2004 2003 2004 2003 2004 2003 51,954,662.22 110,915,564.50 66,068,694.99 87,919,814.44-14,114,032.77 22,995,750.06 6,525,777.08 32,862,606.87 6,319,584.65 32,448,163.21 206,192.43 414,443.66 58,480,439.30 143,778,171.37 72,388,279.64 120,367,977.65-13,907,840.34 23,410,193.72 1,601,455.86 6,211,104.81 1,601,455.86 6,211,104.81 - - 56,878,983.44 137,567,066.56 70,786,823.78 114,156,872.84-13,907,840.34 23,410,193.72 2) 2004 2003 2004 2003 2004 2003 58,480,439.30 143,778,171.37 72,388,279.64 120,367,977.65-13,907,840.34 23,410,193.72 1,601,455.86 6,211,104.81 1,601,455.86 6,211,104.81 - - 56,878,983.44 137,567,066.56 70,786,823.78 114,156,872.84-13,907,840.34 23,410,193.72 2004 2003 37,250,433.50 65.5% 60,096,888.15 43.69% 5 2004 2003 18,811.05 11,745.16 : -1,796,401.67 18,811.05 11,745.16-1,785,406.79 849,614.12 840,451.72-10,994.88-9,162.40-1,777,590.62 852,196.88 1 1 56
2 10000 -- -- 10000 USD500 -- -- USD500 1000 -- -- 1000 500 -- -- 500 510 -- -- 510 3 % % % % 3870 27.30 3870 27.30 USD375 75.00 USD375 75.00 600 60.00 600 60.00 466.7 93.34 466.7 93.34 290 46.34 290 56.86 80 75.00 80 75.00 4 57
2 2004.12.31 2003.12.31 2004.12.31 2003.12.31 2,256,219.97 1.69% - -253,030.00 188,342.40 1.33% 0.57% 15,052,834.00 3,700,000.00 11.25% 11.28% 1,500,000.00 1,500,000.00 1.12% 4.57% 44,713,100.00 1,500,000.00 33.43% 4.57% 47,480,000.00-420,000.00 35.50% 2.20% 4,805,400.00 2,105,400.00 7.43% 2.15% 946,605.96 581,277.64 1.08% 0.51% 196,650.00 1,196,650.00 0.22% 1.05% 2,406,000.00 2,406,000.00 92.15% 98.57% 3 2004 12 31 18301.80 493970.00 12002 7 9 300 2002 7 31 300 2003 10 14 2003 54 600 15.22 2004 12 31 427 2 1999 9 8 100 58
2 2000 12 20 1078753.33 100 2001 2001 11 8 2001 106 10 1078753.78 69417.78 2004 12 31 23 3 2003 9 5 5000 12 5000 2004 7 23 2004 12 5000 80 4 2003 9 22 2000 2000 2004 10 21 2004 53 2000 213800 5 2003 6 9 2000 12 1810 1810 2004 8 18 2004 232 1810 193635 1 2004 5 25 4000 59
2 2003 8 22 260 1 1 2004 12 31 21,589.80 2,997.20 2,945.875 2004 8,900.75 38.24% 2004 12 31 21,527.56 2004 12 31 10874.59 2 2 2004 60
1 2 3 61