600502 2005

2005... 1... 1... 2... 3... 5... 9... 10... 11... 15... 16... 18... 63 1

2005 1 2 3 4 1 ANHUI WATER RESOURCES DEVELOPMENT CO.,LTD 2 3 05524081028 05523950276 E-mailahslniu@163.com 05524081028 05523950276 E-mailahslwht@ah163.com 4 233010 http://www.cahsl.com ahslzqb@163.com 5 www.sse.com.cn 6 A A A 600502 7 1998 6 15 21 2005 5 18 3400001300085 342426728525125 100 8~10 1

2005 : : 45,585,160.70 30,827,612.65 32,022,729.91 157,397,996.87 141,439.88 45,410,401.01 483,829.22 880,000.00-1,189,069.53-121,809,693.89-52,008,574.10 : : -1,515,588.1-82,042.76-186,126.25 588,639.85-1,195,117.26 : : 2005 2004 2003 (%) 1,303,502,520.16 977,913,931.51 33.29 807,003,112.10 45,585,160.70 44,923,180.46 1.47 31,710,995.60 30,827,612.65 30,168,858.92 2.18 24,989,889.93 32,022,729.91 30,542,110.19 4.85 23,778,022.27 0.20 0.19 5.26 0.208 % 6.14 6.42 2 0.28 0.13 0.08 6.37 6.50 % 5.31 6.59 6.67 % 7.19-121,809,693.89 37,293,097.19-426.63-57,572,821.48-0.78 0.24-425.00-0.48 5.58

2005 2005 2004 2003 (%) 1,841,850,500.48 1,695,001,342.75 8.66 1,081,423,097.18 502,366,059.18 469,064,739.95 7.10 448,138,963.35 3.22 3.01 6.98 3.73 3.17 2.97 6.73 3.72 : : 156,000,000 246,353,557.03 12,956,059.92 4,318,686.64 55,798,205.32 469,064,739.95 430,624.26 7,356,398.10 2,452,132.70 30,827,612.65 33,301,319.23 7,356,398.1 156,000,000 246,784,181.29 20,312,458.02 6,770,819.34 79,269,419.87 502,366,059.18 1) 2) 3) 4) 1 : (%) (%) 1 80,600,000 51.67 80,600,000 51.67 80,600,000 51.67 80,600,000 51.67 2 3 4 80,600,000 51.67 80,600,000 51.67 1 75,400,000 48.33 75,400,000 48.33 2 3 4 75,400,000 48.33 75,400,000 48.33 156,000,000 100 156,000,000 100 3

2005 2 (1) : : A 2003-03-31 5.68 58,000,000 2003-04-15 58,000,000 (2) (3) 1 : 24,908 (%) 27.14 42,339,960.00 0 42,339,960.00 14.55 22,699,430.00 0 22,699,430.00 8.31 12,960,610.00 0 12,960,610.00 0.83 1,300,000.00 0 1,300,000.00 0.83 1,300,000.00 0 1,300,000.00 0.19 299,775.00 132,400 0.12 188,500.00 30,498 0.12 181,500.00 29,816 0.10 158,002.00 15,002 0.10 151,684.00 15,184 299,775.00 188,500.00 181,500.00 158,002.00 151,684.00 151,220.00 143,000.00 4

2005 140,000.00 140,000.00 136,000.00 2 1 60,200,000 2 3 4 3 : : 2000-05- 28,230,000 02 : : ( )( ) 43 2004-05- 2007-05- 28 28 30 5

2005 42 2004-05- 2007-05- 28 28 22.5 31 2005-09- 2007-05- 12 28 6.6 27 2005-04- 2007-05- 29 28 9.9 46 2004-05- 2007-05- 28 28 0 51 2004-05- 2007-05- 28 28 0 64 2004-05- 2007-05- 28 28 2.5 34 2004-05- 2007-05- 28 28 2.5 41 2004-05- 2007-05- 28 28 2.5 56 2004-05- 2007-05- 28 28 0 39 2004-05- 2007-05- 28 28 0 43 2004-05- 2007-05- 28 28 8.8 29 2005-04- 2007-05- 29 28 6.6 35 2004-05- 2007-05- 28 28 2.75 44 2004-05- 2007-05- 28 28 21 42 2004-05- 2007-05- 28 28 11 42 2004-05- 2007-05- 28 28 11 43 2004-05- 2007-05- 28 28 11 43 2004-05- 2007-05- 28 28 11 46 2004-05- 2007-05- 28 28 11 32 2005-08- 2007-05- 08 28 7.7 43 2005-08- 2007-05- 08 28 11 31 2005-03- 2007-05- 24 28 8.8 30 2005-03- 2007-05- 24 28 8.8 31 2005-03- 2007-05- 24 28 8.8 / / / / / / 215.75 5 (1) 6

2005 7 (2) (3) (4) (5) (6) (7) (8) ( ) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)

2005 2002-07-01 2001-11-01 2002-01-01 1 2 3 1 2 3 2004 4 5 2005 8

2005 2,379 388 1 1,028 45 311 158 305 532 2 220 475 1,162 522 2005 1 2 3 3 1/3 4 9

2005 5 6 7 1 6 6 0 0 6 6 0 0 6 5 1 0 2 1) 2) 3) 4) 5) 2004 1) 2005 4 29 2004 2005 4 30 1) 1 10

2005 2005 9 12 2005 2005 9 13 1 1 05 BT 2005 13.04 33.29% 4559 1.47 3083 2.18% 0.20 5.26% 6.14% 2005 8.23 4.0 58%40% 15 2.14 4000 2004 BT 2 13.04 33.29 10 12 2.16 10.6 38% 2.4 16 11

2005 2 1 BT 2006 2 2006 15 6000 2006 3 06 1 : : (%) % 1,003,161,341.93 874,513,233.94 14.71 8.81 8.96 216,603,213.30 148,244,949.81 46.11 83,737,964.93 75,705,729.20 10.61 49.53 110.15 1,303,502,520.16 1,098,463,912.95 18.67 33.29 30.99 0.16 44.84 2.05 12

2005 2 : : () 1,060,922,517.71 37.98 242,580,002.45 16.05 1,303,502,520.16 33.29 8,305 805 10.73 2800 3000 2505 (%) 97.92 87.75 66.95 1 1) 2003 32,944 30,166.8 3,856.8 1,300.2 2 : : 12,532 12,621.05 17,812 278.00 8,871 7,039.75 39,215 / 19,938.8 / / 1) 12,532 12,621.05 96% 2) 17,812 278.00 3) 8,871 7,039.75 100% 3 : : " 10,228 10,228 / 10,228 10,228 / / 13

2005 1)" 10,228 10,228 100% 2004 5 28 2004 6 30 2004 4 1) 2,800 2) 3,000 3) 2,505 1 1) 2005 3 24 2004 2004 2004 2004 2005 2004 2005 3 28 2) 2005 4 21 2005 2005 4 25 3) 2005 6 10 2005 6 11 4) 2005 7 12 2005 7 13 5) 2005 8 8 2005 2005 2005 2005 8 10 6) 2005 10 24 2005 2005 10 25 14

2005 2 2005 : 2006 2006 : 2005 12005 3 24 2004 2004 2004 2005 2002 2004 22005 8 8 2005 2005 2005 2005 2005 2505 1735 1010 2005 2005 15

2005 1 : : 98,824,608.01 48,954.07 85,455,152.60 0 1,023,684.65 1,023,684.65 0 0 / 99,848,292.66 1,072,638.72 85,455,152.60 0 99,848,292.66 1,072,638.72 : 2006 3 28 : : 2005-02-242006-2005-02-24 3,000 02-22 2005-02-252006-2005-02-25 2,000 02-27 16

2005 2005-09-262006-2005-09-26 1,400 09-21 2005-06-172006-2005-06-17 900 06-16 2005-06-172006-2005-06-17 800 06-06 2005-06-172006-2005-06-17 800 05-18 2005-09-302006-2005-09-30 1,000 08-09 9,900 9,900 6,700 3,300 13,200 (%) 26.28 0 70 0 50 0 0 1)2005 2 24 3,000 2005 2 24 2006 2 22 2)2005 2 25 2,000 2005 2 25 2006 2 27 3)2005 9 26 1,400 2005 9 26 2006 9 21 4)2005 6 17 900 2005 6 17 2006 6 16 5)2005 6 17 800 2005 6 17 2006 6 6 6)2005 6 17 800 2005 6 17 2006 5 18 17

2005 7)2005 9 30 1,000 2005 9 30 2006 8 9 2006 6 7 18 [2006]0338 2005 12 31 2005 2005 2005

2005 2005 12 31 2005 2006 3 28 19

2005 2005 12 31 : : : 5.1 196,516,201.22 248,524,775.32 156,849,542.52 244,983,421.94 5.2 500,010.00 500,010.00 5.3 6.1 147,307,837.45 158,071,426.15 236,774,924.15 294,987,689.52 5.4 6.2 101,713,047.92 97,048,563.82 342,497,009.19 333,839,897.77 5.5 82,389,345.26 61,649,913.87 56,654,916.33 56,720,221.73 5.6 437,423,442.92 267,716,924.28 160,290,959.84 118,112,266.72 5.7 572,941.82 227,505.78 255,348.50 35,600.00 965,922,816.59 833,739,119.22 953,322,700.53 1,049,179,107.68 5.8 6.3 96,922,260.14 74,950,412.30 335,864,841.63 234,084,520.94 96,922,260.14 74,950,412.30 335,864,841.63 234,084,520.94 ( - ) ( - ) 5.9 546,472,134.06 459,559,967.74 153,242,908.82 162,942,660.55 5.9 92,766,769.48 71,084,858.57 64,446,762.09 59,732,873.57 5.9 453,705,364.58 388,475,109.17 88,796,146.73 103,209,786.98 5.9 3,253,219.71 3,253,219.71 3,253,219.71 3,253,219.71 5.9 450,452,144.87 385,221,889.46 85,542,927.02 99,956,567.27 1,994,489.40 12,963,851.89 1,932,200.00 11,283,587.49 5.10 175,207,944.56 199,155,739.63 128,992,326.56 116,018,832.48 627,654,578.83 597,341,480.98 216,467,453.58 227,258,987.24 20

2005 5.11 149,301,856.21 185,037,589.42 2,008,833.79 2,105,552.32 5.12 1,167,821.59 2,565,098.30 5.13 881,167.12 1,367,642.53 881,167.12 1,318,607.53 151,350,844.92 188,970,330.25 2,890,000.91 3,424,159.85 1,841,850,500.48 1,695,001,342.75 1,508,544,996.65 1,513,946,775.71 5.14 408,000,000.00 399,750,000.00 358,000,000.00 368,000,000.00 5.15 90,225,754.21 198,010,700.00 65,617,750.00 194,482,400.00 5.16 205,183,140.42 271,686,451.48 151,826,668.75 230,570,838.14 5.17 172,433,681.01 53,628,221.59 66,295,028.37 41,001,276.65 5.18 3,336,622.11 4,358,159.66 1,875,979.28 3,325,861.33 6,993,720.99 6,282,818.61 6,265,335.74 5,496,732.89 5.19 57,017,094.89 38,478,576.13 44,287,624.78 37,114,172.84 5.20 1,864,872.22 901,311.95 1,573,192.27 850,266.89 5.21 62,065,733.17 114,508,671.08 77,167,562.30 121,278,177.29 5.22 705,312.01 758,712.27 586,420.60 646,420.60 66,930,600.00 56,000,000.00 1,074,756,531.03 1,088,363,622.77 829,495,562.09 1,002,766,146.63 5.23 193,000,000.00 56,786,800.00 184,000,000.00 50,000,000.00 5.24 6,000,000.00 14,776,400.00 6,000,000.00 6,000,000.00 199,000,000.00 71,563,200.00 190,000,000.00 56,000,000.00 1,273,756,531.03 1,159,926,822.77 1,019,495,562.09 1,058,766,146.63 ( ) 65,727,910.27 66,009,780.03 5.25 156,000,000.00 156,000,000.00 156,000,000.00 156,000,000.00 21

2005 156,000,000.00 156,000,000.00 156,000,000.00 5.26 246,784,181.29 246,353,557.03 246,784,181.29 246,353,557.03 5.27 20,312,458.02 12,956,059.92 17,874,788.01 12,859,060.83 5.27 6,770,819.34 4,318,686.64 5,958,262.67 4,286,353.61 5.28 79,269,419.87 55,798,205.32 68,390,465.26 39,968,011.22 ( ) ( 5.29 2,043,082.32 ) 502,366,059.18 469,064,739.95 489,049,434.56 455,180,629.08 1,841,850,500.48 1,695,001,342.75 1,508,544,996.65 1,513,946,775.71 : : : 22

2005 2005 1-12 : : : 5.30 6.4 1,303,502,520.16 977,913,931.51 1,044,095,042.40 923,091,836.44 5.31 6.5 1,098,463,912.95 838,592,440.31 927,761,071.72 799,906,318.80 5.32 47,640,610.34 30,565,358.98 34,011,379.44 30,124,299.47-157,397,996.87 108,756,132.22 82,322,591.24 93,061,218.17-141,439.88 167,918.71 13,422.51 : 12,167,434.22 1,183,766.41 297,800.00 327,600.00 5.33 63,582,406.83 37,638,539.99 27,700,125.82 43,039,088.74 5.34 36,379,194.69 21,368,673.63 31,145,055.33 11,475,667.76-45,410,401.01 48,733,070.90 23,179,610.09 38,232,284.18 5.35-483,829.22-3,259,201.98 16,895,653.67-7,797,870.60 880,000.00 5.36 1,352,853.90 138,334.69 1,315,148.88 132,758.69 5.37 2,541,923.43 689,023.15 2,334,449.61 628,684.17-45,585,160.70 44,923,180.46 39,055,963.03 29,938,488.10 13,189,411.39 15,868,117.23 5,617,781.81 14,820,945.79 1,568,136.66-1,113,795.69 ( ) - 30,827,612.65 30,168,858.92 33,438,181.22 15,117,542.31 55,798,205.32 47,193,976.84 39,968,011.22 46,318,100.26 86,625,817.97 77,362,835.76 73,406,192.44 61,435,642.57 4,904,265.40 1,576,420.29 3,343,818.12 1,511,754.23 2,452,132.70 788,210.15 1,671,909.06 755,877.12 ( ) 79,269,419.87 74,998,205.32 68,390,465.26 59,168,011.22 23

2005 7,200,000.00 7,200,000.00 12,000,000.00 12,000,000.00 ( - ) 79,269,419.87 55,798,205.32 68,390,465.26 39,968,011.22 1. -512,644.82-947,913.16 2. 430,760.00 430,760.00 3. ( ) 4. ( ) 5. 6. : : : 24

2005 2005 1-12 : 25 : : 1,181,392,417.59 930,612,417.74 2,225,695.00 5.37 193,167,119.16 256,694,201.99 1,376,785,231.75 1,187,306,619.73 1,026,187,482.46 856,793,138.65 71,784,850.05 50,978,158.77 50,977,477.14 34,062,762.68 5.38 349,645,115.99 223,826,904.92 1,498,594,925.64 1,165,660,965.02-121,809,693.89 21,645,654.71 16,486,831.18 64,170,041.18 1,394,420.00 420,000.00 26,656,933.03 3,120,225.49 5.39 38,949,875.57 177,070,870.36 83,488,059.78 244,781,137.03 116,566,980.95 30,886,186.71 8,639,014.20 124,850,000.00 5.40 82,617,298.37 346,316,678.59 207,823,293.52 502,052,865.30-124,335,233.74-257,271,728.27 20,669,600.00 20,669,600.00 869,000,000.00 768,000,000.00 889,669,600.00 768,000,000.00 657,770,738.08 588,000,000.00 37,762,508.39 32,507,805.86

2005 695,533,246.47 620,507,805.86 194,136,353.53 147,492,194.14-52,008,574.10-88,133,879.42 1 30,827,612.65 33,438,181.22 ( - ) 1,568,136.66 395,004.30-1,454,785.61 28,162,183.10 10,951,118.13 2,406,426.14 96,718.53 3,650,975.36 1,083,658.91-345,436.04-219,748.50-53,400.26-60,000.00 1,002,943.28 1,014,900.73 (: ) 29,765,062.07 24,996,729.63-483,829.22-16,895,653.67-169,706,518.64-42,178,693.12 ( ) -86,910,357.51-423,343.26 ( ) 37,911,504.22 11,296,571.72 ( ) -121,809,693.89 21,645,654.71 2 8,776,400.00 3 196,516,201.22 156,849,542.52 248,524,775.32 244,983,421.94-52,008,574.10-88,133,879.42 : : : 26

2005 2005 : : : 1 18,093,224.00 395,004.30 / / 18,488,228.30 2 10,703,253.99-894,588.53 / / 9,808,665.46 3 7,389,970.01 1,289,592.83 / / 8,679,562.84 4 5 6 7 22,152.00 22,152.00 8 9 22,152.00 22,152.00 10 450,000.00 450,000.00 450,000.00 11 450,000.00 450,000.00 450,000.00 12 13 3,253,219.71 3,253,219.71 14 15 3,253,219.71 3,253,219.71 16 17 18 19 20 21 21,818,595.71 395,004.30 450,000.00 450,000.00 21,763,600.01 : : : 27

2005 2005 : : : 1 30,329,975.81-1,454,785.61 / / 28,875,190.20 2 11,413,457.53-2,501,449.08 / / 8,912,008.45 3 18,916,518.28 1,046,663.47 / / 19,963,181.75 4 5 6 7 22,152.00 22,152.00 8 9 22,152.00 22,152.00 10 11 12 13 3,253,219.71 3,253,219.71 14 15 3,253,219.71 3,253,219.71 16 17 18 19 20-21 33,605,347.52 32,150,561.91 1,454,785.61 : : : 9 : : % 31.33 32.41 1.01 1.01 9.04 9.35 0.29 0.29 6.14 6.35 0.20 0.20 6.37 6.59 0.21 0.21 28

2005 [1998]20 1998 6 15 1,100 2000 7 2000 [2000] 40 6,200 2000 11 2003 4 3 [2003]25 5,800 31,467.38 2003 4 5 12,000 2003 4 15 2004 3 2003 2003 12,000 10 2 10 1 3,600 15,600 1 2 1 1 12 31 29

2005 3 4 5 6 7 8 1 2 3 9 1 5% 12 8% 23 10% 3 50% 30

2005 10 1 20%20% 20% 20% 20%20% 10 2 3 31

2005 11 1 2 % % 3 3 3040 3.232.43 3 1014 9.706.93 3 1014 9.706.93 3 712 13.868.08 3 612 16.178.08 3 714 13.866.93 4 32

2005 12 1 3 2 3, 13 14 1 2 3 10 33

2005 1 2 3 4 15 16 17 1 2, 34

2005 3 4BT BT uild ransfer BT BT 5 18 19 1 50% 50% 2 [1995]11 < > [1996]2 1 3% 5% 5% 35

2005 2 6% 6% 3 3% 4 33% [2004]120 5 1 % 3,000 93.33 2800.00 4,800 97.92 4700.00 4,078.80 63.96 2608.80 2,000 60.00 1,200.00 200 60.00 120.00 3,000 100.00 3,000.00 2,000 100.00 2,000.00 5,000 72.00 3,600.00 5,250 66.95 3,515.00 2,000 79.00 1580.00 4,000 90.25 3,610.00 1,020 98.04 1,054.06 19.24% 36

2005 40% 2 % 1,000.00 21.00 210.00 800.00 20.00 160.00 5,000.00 40.00 2,000.00 1,000.00 20.00 200.00 3,000.00 40.00 1,200.00 1 2005.12.31 2004.12.31 3,362,779.66 138,533,762.22 2,396,286.91 117,274,767.81 54,619,659.34 128,853,720.60 196,516,201.22 248,524,775.32 1 2 2 2005.12.31 2004.12.31 500,010.00 500,010.00 500,010.00 37

2005 3 1 2005.12.31 % 1 111,618,793.04 71.04 3,540,593.00 108,078,200.04 1-2 32,313,303.79 20.57 2,585,064.31 29,728,239.48 2-3 7,272,987.25 4.63 727,298.73 6,545,688.52 3 5,911,418.83 3.76 2,955,709.42 2,955,709.41 157,116,502.91 100.00 9,808,665.46 147,307,837.45 2004.12.31 % 1 108,907,684.12 64.53 4,361,007.29 104,546,676.83 1-2 47,715,901.28 28.27 3,817,272.11 43,898,629.17 2-3 8,876,431.97 5.26 887,643.20 7,988,788.77 3 3,274,662.77 1.94 1,637,331.39 1,637,331.38 168,774,680.14 100.00 10,703,253.99 158,071,426.15 2 5% 5% 3 47,045,555.29 29.94 % 4 BT 1622 BT 1841 BT 617 4 1 2005.12.31 % 1 60,001,467.32 54.35 3,000,073.37 57,001,393.95 1-2 35,837,547.73 32.46 2,867,003.82 32,970,543.91 2-3 11,160,780.51 10.12 1,116,078.05 10,044,702.46 3 3,392,815.20 3.07 1,696,407.60 1,696,407.60 110,392,610.76 100.00 8,679,562.84 101,713,047.92 2004.12.31 38

2005 % 1 47,293,037.06 45.28 2,364,651.85 44,928,385.21 1-2 50,058,005.55 47.93 4,004,640.44 46,053,365.11 2-3 6,307,669.75 6.04 630,766.98 5,676,902.77 3 779,821.47 0.75 389,910.74 389,910.73 104,438,533.83 100.00 7,389,970.01 97,048,563.82 2 5% 5% 3 3 40,372,311.94 36.57% 4 (%) 53,953,753.58 48.87 39,064,498.38 35.39 17,374,358.80 15.74 110,392,610.76 100.00 5 1 2005.12.31 2004.12.31 % % 1 66,583,041.94 80.82 52,231,952.34 84.72 1-2 12,062,767.44 14.64 7,865,020.35 12.76 2-3 3,164,794.63 3.84 1,252,584.32 2.03 3 578,741.25 0.70 300,356.86 0.49 82,389,345.26 100.00 61,649,913.87 100.00 2 5% 5% 3 1 15,806,303.32 4 2,073.94 33.64% 6 1 39

2005 2005.12.31 2004.12.31 14,666,460.39 20,354,811.78 12,770,394.03 14,609,363.77 544,651.63 6,097,353.42 137,586,484.12 104,145,766.91 15,456,894.49 25,213,563.47 231,207,146.79 122,531,780.40 437,445,594.92 267,739,076.28 2 2005.1.1 2005.12.31 22,152.00 22,152.00 22,152.00 22,152.00 3 16,970.65 63.39 % 4 ( ) 2004.12.31 377,548.97 2,284,682,437.41 2,180,536,670.50 104,145,766.91 2005.12.31 399,744.90 2,954,111,200.78 2,816,524,716.66 137,586,484.12 7 2005.1.1 2005.12.31 80,204.49 1,342,641.49 890,273.49 532,572.49 147,301.29 64,770.70 171,702.66 40,369.33 227,505.78 1,407,412.19 1,061,976.15 572,941.82 8 1 40

2005 2005.12.31 2004.12.31 67,985,474.80 49,205,136.74 450,000.00 28,936,785.34 26,195,275.56 96,922,260.14 75,400,412.30 450,000.00 2 A 2005.1.1 2005.12.31 2,100,000 2,790,018.27 202,004.64 892,022.91 420,000.00 2,572,022.91 1,600,000 1,600,000.00 1,600,000.00 20,000,000 19,915,505.56-92,759.12-177,253.56 19,822,746.44 2,000,000 2,000,000.00-9,294.55-9,294.55 1,990,705.45 900,000 899,612.91 899,612.91 26,600,000 27,205,136.74 99,950.97 705,474.80 1,319,612.91 25,985,474.80 B 2005.1.1 2005.12.31 40% 12,000,000.00 12,000,000.00 100% 20,000,000.00 20,000,000.00 9.34% 10,000,000.00 10,000,000.00 22,000,000.00 20,000,000.00 42,000,000.00 40% 3 2005.12.31 2004.12.31 10,452,761.67 41

2005 9,398,705.27 15,742,513.89 14,329,732.84 3,887,364.25 1,320,982.98 28,936,785.34 26,195,275.56 4 2005.1.1 2005.12.31 450,000.00 450,000.00 450,000.00 450,000.00 450,000.00 450,000.00 2005 6 2 883,981.25 5 9 1 2005.1.1 2005.12.31 254,050,661. 72,420,370.8 2,823,304.50 323,647,728. 50,982,577.5 287,000.00 7,081,593.69 44,187,983.8 92,773,930.5 9,432,612.31 4,710,752.65 97,495,790.2 3,061,451.32 24,577.00 16,932.00 3,069,096.32 35,265,710.1 1,909,208.11 855,866.91 36,319,051.3 23,425,636.3 19,199,384.9 872,537.13 41,752,484.1 459,559,967.74 103,273,153.20 16,360,986.88 546,472,134.06 2 2005.1.1 2005.12.31 14,075,010.46 7,829,003.05 142,229.20 21,761,784.31 27,019,533.47 4,887,526.59 5,388,707.40 26,518,352.66 10,791,202.45 6,267,560.82 340,043.94 16,718,719.33 42

2005 1,139,016.55 336,183.99 16,932.00 1,458,268.54 10,104,254.80 3,955,283.34 351,972.55 13,707,565.59 7,955,840.84 4,812,004.08 165,765.87 12,602,079.05 71,084,858.57 28,087,561.87 6,405,650.96 92,766,769.48 388,475,109.17 453,705,364.58 3 2005.1.1 2005.12.31 3,253,219.71 3,253,219.71 3,253,219.71 3,253,219.71 385,221,889.46 450,452,144.87 4 15,100 15,622.23 3,295.50 5 6 94,535,022.89 10 2005.1.1 2005.12.31 (%) 12,532 98,793,793.93 27,416,737.45 126,210,531.38 100.71 17,812 2,781,795.18 2,781,795.18 8,871 59,241,355.21 3,351,031.63 62,592,386.84 70.56 26,483,943.80 12,356,273.42 14,127,670.38 383 1,734,030.00 1,672,313.77 3,406,343.77 88.93 380 3,758,131.24 3,758,131.24 98.89 2,400 17,403,390.70 3,562,678.79 2,720,761.97 18,245,307.52 76.02 13,231,113.18 13,231,113.18 1,000,000.00 1,000,000.00 43

2005 2,945 14,443,243.37 4,659,309.22 19,102,552.59 64.86 11,816,663.57 483,810.04 11,332,853.53 199,155,739.63 92,193,791.41 94,535,022.89 21,606,563.59 175,207,944.56 1 1,050,044.70 2 11 2005.1.1 2005.12.31 18,420.25 145,170,504.83 7,946,780.83 33,242,864.19 2,326,284.49 66,654,363.02 117,548,136.98 8,067.15 39,770,620.69 40,900,880.37 49,056,004.08 49,056,004.08 31,615,496.98 29.46 96,463.90 121,900.00 80,141.65 156,377.75 138,222.25 26,173.31 185,037,589.42 48,969,561.20 82,298,868.27 2,406,426.14 115,866,744.85 149,301,856.21 1 11,754.81 2005 12 31 2 15,100 3 12 2005.1.1 2005.12.31 ( ) 373.29 2,565,098.30 1,167,821.59 2,565,098.30 2,565,078.41 1,167,821.59 373.29 2,565,098.30 1,167,821.59 2,565,098.30 2,565,078.41 1,167,821.59 13 2005.1.1 2005.12.31 3,069,117.95 696,443.38 748,585.13 3,016,976.20 1,701,475.42 482,725.74 48,392.08 2,135,809.08 1,367,642.53 881,167.12 44

2005 14 2005 12 31 2004 12 31 10,000,000.00 98,000,000.00 310,000,000.00 389,750,000.00 408,000,000.00 399,750,000.00 1 15,700.00 3,000.00 6,000.00 3,000.00 3,300.00 577,934.57 15,622.23 9,800.00 2 15 2005 12 31 2004 12 31 90,225,754.21 198,010,700.00 90,225,754.21 198,010,700.00 1 35,020,125.00 14,455,000.00 3,028,250.00 2 5% 5% 3 4 10,778 54.43 % 16 2005 12 31 2004 12 31 1 149,143,338.73 195,683,976.27 1-2 37,054,599.87 73,882,888.56 2-3 17,627,769.71 1,834,791.76 3 1,357,432.11 284,794.89 45

2005 205,183,140.42 271,686,451.48 1 5% 5% 4 2 17 2005 12 31 2004 12 31 1 167,770,127.34 48,255,736.21 1-2 4,396,933.67 5,372,485.38 2-3 266,620.00 172,433,681.01 53,628,221.59 1 5% 5% 2 4,663,553.67 15,980,339.71 3 11,880.55 221.54 % 18 2005.12.31 2004.12.31 3,336,622.11 4,358,159.66 19 2005.12.31 2004.12.31 33% 23,926,789.79 12,949,222.49 3% 28,321,289.82 20,254,773.23 1%5%7 % 2,805,490.22 1,804,497.58 6% 1,903,530.92 1,728,093.46-16,651.27 30% -519,937.64 596,583.05 1,741,989.37 57,017,094.89 38,478,576.13 46

2005 1,853.85 48.18% 20 2005.12.31 2004.12.31 1,804,417.89 875,817.77 3% 0.06% 60,454.33 25,494.18 1,864,872.22 901,311.95 21 1 2005.12.31 2004.12.31 1 45,656,748.12 28,476,788.72 12 13,174,830.60 84,637,766.97 23 2,846,433.22 1,257,439.42 3 387,721.23 136,675.97 62,065,733.17 114,508,671.08 2 5% 5% 3 (%) 20,516,854.29 33.06 25,457,532.02 41.02 16,091,346.86 25.92 62,065,733.17 100.00 4 5,244.24 45.80 % 22 2005.12.31 2004.12.31 586,420.60 586,420.60 118,891.41 172,291.67 705,312.01 758,712.27 23 47

2005 2005.12.31 2004.12.31 3,095,000.00 53,000,000.00 140,000,000.00 53,691,800.00 193,000,000.00 56,786,800.00 1 9,000.00 5,000.00 % 140,000,000.00 5.76 2005.2.18-2007.12.29 140,000,000.00 2 5,300.00 24 2005.12.31 2004.12.31 4,500,000.00 4,500,000.00 1,500,000.00 2,500,000.00 7,776,400.00 6,000,000.00 14,776,400.00 25 +- 2005.1.1 2005.12.31 18,060 8,060 8,060 8,060 48

2005 2 3 4 8,060 8,060 1 7,540 7,540 2 3 4 7,540 7,540 15,600 15,600 26 2005.1.1 2005.12.31 246,353,557.03 246,353,557.03 430,624.26 430,624.26 246,353,557.03 430,624.26 246,784,181.29 27 2005.1.1 2005.12.31 8,637,373.28 4,904,265.40 13,541,638.68 4,318,686.64 2,452,132.70 6,770,819.34 12,956,059.92 7,356,398.10 20,312,458.02 28 2005.12.31 2004.12.31 55,798,205.32 47,193,976.84 49

2005 30,827,612.65 30,168,858.92 7,356,398.10 21,564,630.44 10% 4,904,265.40 1,576,420.29 5% 2,452,132.70 788,210.15 7,200,000.00 12,000,000.00 79,269,419.87 55,798,205.32 2006 3 28 2005 2005 29 1 2005 2004 1,003,161,341.93 921,913,179.79 216,603,213.30 83,737,964.93 56,000,751.72 1,303,502,520.16 977,913,931.51 2 2005 2004 1,060,922,517.71 768,874,634.94 242,580,002.45 209,039,296.57 1,303,502,520.16 977,913,931.51 3 21,672.97 16.63 % 4 32,558.86 33.29 % 30 1 2005 2004 874,513,233.94 802,566,968.11 50

2005 148,244,949.81 75,705,729.20 36,025,472.20 1,098,463,912.95 838,592,440.31 2 2005 2004 879,405,868.32 652,230,968.60 219,058,044.63 186,361,471.71 1,098,463,912.95 838,592,440.31 31 2005 2004 41,692,774.54 27,502,791.58 2,944,208.72 1,970,291.79 2,244,092.66 1,092,275.61 759,534.42 47,640,610.34 30,565,358.98 32 2005 2004 63,582,406.83 37,638,539.99 2,594.39 68.93 % 33 2005 2004 38,458,550.46 22,299,809.64 2,988,810.11 1,447,188.97 909,454.34 516,052.96 36,379,194.69 21,368,673.63 1,501.05 70.25% BT 51

2005 34 2005 2004 565,871.98-3,214,268.32-82,042.76-44,933.66 483,829.22-3,259,201.98 35 2005 2004 1,352,273.90 104,758.69 580.00 33,576.00 1,352,853.90 138,334.69 36 2005 2004 2,355,217.18 618,684.17 177,986.25 13,000.00 8,720.00 57,338.98 2,541,923.43 689,023.15 37 2005 163,643,781.76 25,562,242.14 3,961,095.26 193,167,119.16 38 2005 250,436,535.90 50,306,084.94 5,902,261.63 52

2005 2,985,476.82 5,219,980.78 6,984,252.58 1,056,682.95 2,092,796.72 5,841,567.14 18,819,476.53 349,645,115.99 39 2005 2,988,810.11 2,988,810.11 40 2005 46,656,232.91 46,656,232.91 1 1 2005.12.31 % 1 107,000,924.89 43.55 3,615,194.93 103,385,729.96 1-2 127,434,379.08 51.87 2,056,130.58 125,378,248.50 2-3 5,962,828.45 2.43 596,282.85 5,366,545.60 3 5,288,800.18 2.15 2,644,400.09 2,644,400.09 245,686,932.60 100.00 8,912,008.45 236,774,924.15 2004.12.31 % 1 249,010,378.06 81.27 5,513,702.41 243,496,675.65 1-2 45,821,563.33 14.95 3,665,725.07 42,155,838.26 53

2005 2-3 8,876,431.97 2.90 887,643.20 7,988,788.77 3 2,692,773.69 0.88 1,346,386.85 1,346,386.84 306,401,147.05 100.00 11,413,457.53 294,987,689.52 2 5% 5% 3 BT 136,429,773.26 2 1 2005.12.31 % 1 328,583,870.91 90.65 16,429,193.55 312,154,677.36 1-2 22,120,651.73 6.10 1,769,652.14 20,350,999.59 2-3 10,283,745.23 2.84 1,028,374.52 9,255,370.71 3 1,471,923.07 0.41 735,961.54 735,961.53 362,460,190.94 100.00 19,963,181.75 342,497,009.19 % 2004.12.31 1 321,301,852.71 91.08 16,065,092.64 305,236,760.07 1-2 26,297,964.25 7.46 2,103,837.14 24,194,127.11 2-3 4,576,777.62 1.30 457,677.76 4,119,099.86 3 579,821.47 0.16 289,910.74 289,910.73 352,756,416.05 100.00 18,916,518.28 333,839,897.77 2 5% 5% 3 3 (%) 53,664,053.58 14.81 294,945,128.67 81.37 13,851,008.69 3.82 362,460,190.94 100.00 3 1 54

2005 2005.12.31 2004.12.31 226,095,763.65 204,778,997.11 109,769,077.98 29,305,523.83 335,864,841.63 234,084,520.94 2 2005.1.1 2005.12.31 2,800.00 26,632,114.43-1,121,827.64-2,489,713.21 25,510,286.79 1,088,570.20 558,852.96 47,558,852.96 2,608.80 6,396,000.00 19,692,000.00-1,522,945.04-1,522,945.04 24,565,054.96 1,200.00 12,646,660.64 1,600,572.16 2,247,232.80 14,247,232.80 120.00 1,103,381.11 20,208.06-76,410.83 1,123,589.17 2,700.00 26,381,956.30 10,855,228.14 10,237,184.44 37,237,184.44 2,400.00 23,598,984.16 24,000,000.00 401,015.84 450.00 4,474,493.09 4,500,000.00 25,506.91 45.00 427,909.57 450,000.00 22,090.43 900.00 16,777,307.70 10,000,000.00 1,176,564.41-1,046,127.89 7,953,872.11 1,850.00 18,000,000.00 500,000.00 18,500,000.00 1,054.06 10,452,761.67 5,817,603.89 5,729,765.56 16,270,365.56 5,044.67 20,314,409.97 30,000,000.00 915,886.93 783,596.90 51,230,296.90 1,430.00 1,102,735.71 10,000,000.00-2,749,835.64-5,947,099.93 8,352,900.07 210.00 2,790,018.27 202,004.64 892,022.91 420,000.00 2,572,022.91 160.00 1,600,000.00 1,600,000.00 2,000.00 19,915,505.56-92,759.12-177,253.56 19,822,746.44 200.00 2,000,000.00-9,294.55-9,294.55 1,990,705.45-2,505.00 25,050,000.00 1,186,420.8 1-1,186,420.81 23,863,579.19 1,800.00 18,000,000.00 18,000,000.00 55

2005 900.00 9,000,000.00 9,000,000.00 2,000.00 20,000,000.00 1,966,151.88 1,966,151.88 21,966,151.88 37,077.53 231,084,520.94 142,242,000.00 75,450,000.00 17,408,320.69 9,959,541.63 420,000.00 314,864,841.63 2005.1.1 2005.12.31 16,206,027.02 15,742,513.89 463,513.13 1,876,294.18 14,329,732.84 10 1,054,056.40 10,452,761.67 1,054,056.40 9,398,705.27 10 3,920,031.18 3,920,031.18 32,666.93 3,887,364.25 10 21,180,114.60 26,195,275.56 4,383,544.31 2,963,017.51 27,615,802.36 3 2005.1.1 2005.12.31 3,000,000.00 3,000,000.00 18,000,000.00 18,000,000.00 3,000,000.00 18,000,000.00 21,000,000.00 4 5 4 1 2005 2004 576,297,824.12 530,080,775.48 457,478,634.80 385,726,921.64 10,318,583.48 7,284,139.32 1,044,095,042.40 923,091,836.44 2 2005 2004 801,515,039.95 714,052,539.87 242,580,002.45 209,039,296.57 1,044,095,042.40 923,091,836.44 56

2005 5 1 2005 2004 504,246,707.57 456,102,823.87 418,173,521.53 340,511,634.35 5,340,842.62 3,291,860.58 927,761,071.72 799,906,318.80 2 2005 2004 708,703,027.09 613,544,847.09 219,058,044.63 186,361,471.71 927,761,071.72 799,906,318.80 1 57

2005 27.14% [2005]112 2 2005.1.1 2005.12.31 6,020.00 6,020.00 3,000.00 3,000.00 2,000.00 2,800.00 4,800.00 1,000.00 3,078.80 4,078.80 2,000.00 2,000.00 200.00 200.00 3,000.00 3,000.00 3,000.00 3,000.00 1,000.00 1,000.00 2,000.00 2,000.00 2,000.00 1,000.00 3,410.00 410.00 4,000.00 1,020.00 1,020.00 58

2005 3 2005.1.1 2005.12.31 (%) (%) 27.14 3,256.9 2 27.14 2,800.00 93.33 2,800.00 93.33 1,900.00 95.00 2,800.00 4,700.00 97.92 639.60 63.96 1,969.20 2,608.80 63.96 1,200.00 60.00 1,200.00 60.00 120.00 60.00 120.00 60.00 3,000.00 100.00 3,000.00 100.00 3,000.00 100.00 3,000.00 100.00 450.00 90.00 450.0 45.00 90.00 45.00 580.00 58.00 1,000.00 1,580.00 71.50 1,900.00 95.00 1,900.00 95.00 510.00 51.00 3,410.00 310.00 3,610.00 90.25 980.40 98.04 980.40 98.04 4 59

2005 2005 2004 (%) (%) 442,900.00 85.40 442,900.00 85.40 28,504.84 37.60 46,252.75 84.35 9,743,912.01 2.13 4,539,557.85 0.99 3,443,635.83 0.75 1,621,233.87 0.39 2 1 2005.12.31 2004.12.31 212,757.69 605,022.00 405,070.15 3,331,350.83 4,554,200.67 2 2005.12.31 2004.12.31 379,104.15 60

2005 581,524.87 500,000.00 960,629.02 500,000.00 3 2005.12.31 2004.12.31 4,230,610.50 1,384,555.95 4,153,523.90 1,594,855.05 1,892,124.66 1,325,764.41 165,925.55 6,485,870.00 1,110,527.41 3,185,217.90 1,023,684.65 2,334,589.00 24,582,073.57 4,305,175.41 4 2005.12.31 2004.12.31 171,233.87 116,971.48 231,759.76 519,965.11 5 2005.12.31 2004.12.31 4,000,000.00 1,119,826.99 578,547.13 61

2005 13,320,501.30 2,321,031.39 8,019,405.51 13,320,501.34 2005 12 31 2005 12 31 2006 3 28 2005 2005 5000 2006 3 28 3500 2006 8 9 2006 3 28 6400 2007 2 8 2005 : 1 1,786,642.24 2 580.00 62

2006 3 28 2005 1 3,302,230.34 2 82,042.76 3 186,706.25-1,783,757.11-588,639.85-1,195,117.26 32,022,729.91 63