1

INNER MONGOLIA LANTAI INDUSTRIAL CO.,LTD OO ANNUAL REPORT 2003

1

3 4 5 8 10 13 14 24 26 28 80 2

1 INNER MONGOLIA LANTAI INDUSTRIAL CO. LTD 2 3 0483 8838636 ltsylj@lantaicn.com 0483 8838735 0483 8838620 ltzqb@lantaicn.com 4 750333 http://www.lantaicn.com 5 http://www.sse.com.cn 6 600328 7 1998 12 31 1500001007153 152901701463809 41 3

36,263,866.19 30,455,480.28 31,816,051.71 193,826,290.70 662,550.89 37,495,710.27 251,036.28-1,482,880.36 31,421,047.58 16,270,748.48 1 3,281,615.39 2 4,764,495.75 3 390,177.82 4 267,868.89-1,360,571.43 2003 4 2002 2001 483,664,219.01 388,432,117.46 388,432,117.46 269,137,053.28 269,137,053.28 30,455,480.28 43,813,075.26 43,813,075.26 39,668,698.74 39,668,698.74 0.14 0.25 0.25 0.23 0.23 0.14 0.25 0.25 0.23 0.23 0.14 0.06 0.06 0.23 0.23 % 4.46 6.46 6.73 6.13 6.25 % 4.49 6.61 6.67 6.18 6.33

4.69 6.28 6.34 5.39 5.52 % 2003 12 31 2002 12 31 2001 12 31 1,395,127,847.93 1,213,885,449.01 1,213,885,449.01 1,193,659,693.11 1,193,659,693.11 3.04 3.93 3.77 3.75 3.68 3.03 3.91 3.75 3.72 3.65 682,892,330.84 678,664,397.67 651,039,933.83 646,937,025.34 634,851,322.41 9 % % 28.38 28.56 0.86 0.86 5.49 5.52 0.17 0.17 4.46 4.49 0.14 0.14 4.66 4.69 0.14 0.14 172,652,899 453,349,459.39 17,134,857.52 8,567,428.76 35,527,181.76 678,664,397.67 51,795,870-50,398,953.27 7,999,381.16 3,999,690.58-5,168,364.72 4,227,933.17 224,448,769 402,950,506.12 25,134,238.68 12,567,119.34 30,358,817.04 682,892,330.84 10 3 1 5

1 112,652,899 33,795,870 146,448,769 102,252,899 30,675,870 132,928,769 10,400,000 3,120,000 13,520,000 2 3 4 112,652,899 33,795,870 146,448,769 1 60,000,000 18,000,000 78,000,000 2 3 4 60,000,000 18,000,000 78,000,000 172,652,899 51,795,870 224,448,769 2 1 [2000]155 2000 11 30 6,000 7.88 / 2 2000 12 22 6,000 A 3 2002 12 31 172,652,899 10 3 2003 5 16 4 1 13,367 2 6

(+) % 132,928,769 30,275,870 59.22 10,985,000 2,535,000 4.89 4,935,430 1,113,366 2.21 1,690,000 390,000 0.75 1,249,810 1,249,810 0.56 598,280 598,280 0.27 505,470 505,470 0.23 422,500 97,500 0.19 422,500 97,500 0.19 413,510 413,510 0.18 1 2 5% 13,292.88 3027.59 2003 10 22 6600 4 2003 10 22 2003 10 27 3 10 3 1997 11,318 4 10% 10% 5 10 A B H 1 4,935,430 A 2 1,249,810 A 7

3 598,280 A 4 505,470 A 5 413,510 A 6 318,009 A 7 259,900 A 8 257,725 A 9 242,180 A 10 237,250 A 10 58 2002.4.2 2005.4.2 0 0 54 2002.4.2 2005.4.2 0 0 56 2002.4.2 2005.4.2 0 0 46 2002.4.2 2005.4.2 0 0 51 2002.4.2 2005.4.2 0 0 48 2002.4.2 2005.4.2 0 0 66 2002.4.2 2005.4.2 0 0 61 2002.4.2 2005.4.2 0 0 66 2002.4.2 2005.4.2 0 0 45 2002.4.2 2005.4.2 0 0 50 2002.4.2 2005.4.2 0 0 47 2002.4.2 2005.4.2 0 0 37 2002.4.2 2005.4.2 0 0 37 2002.4.2 2005.4.2 0 0 45 2002.4.2 2005.4.2 0 0 44 2002.4.2 2005.4.2 0 0 41 2002.4.2 2005.4.2 0 0 8

2002.3 2002.3 1998-2002.3 2000.5 1 2 823,766 307,812 232,898 3 10 1 6 10 3 1 3 6 3 2 30,000 / 2003 12 31 2,339 1 % 1801 85.11 35 1.66 94 4.44 9

47 2.22 139 6.57 2 % 66 2.82 247 10.56 183 7.82 1843 78.80 24 2003 56 2003 10 1 2 3 10

4 5 6 7 2003 1 2 3 11

1 2003 56 2, 1 2 3 4 5 2003 3 26 SARS 2003 3 19 12

2002 2003 4 2 3 112,652,899 65.25 1 2002 2 2002 3 2002 4 2002 5 2002 6 7 8 1 2 3 9 5 / 4 3 13

SARS 48,366.42 24.52% 3,045.55 30.49% ISO9002 38,843.21 24.52 % 30.49 1 % 215,781,818.33 79,873,724.00 44.61 122,601,311.10 77,200,831.04 25.35 15,297,087.53 5,007,379.43 3.16 ADC 100,833,974.39 87,000,574.60 20.85 454,514,191.35 249,082,509.07 93.97 2 % 368,519,468.19 76.19 115,144,750.82 23.81 483,664,219.01 100.00 130.14 3.2% 13,878 42% 4,093 22.78% 1 1 14

2,680 50.97% 9,390.30 4,793.04 363.37 2 ADC 4,118 2,101 51.02% 12,368.56 10,941.73 175.76 3 7,200 4,527.11 59.88% 372.79-1,319.66 4 99.63% 2003 4 2 ( ) ( ) 931.54-309.76 5 300 285 95% 4,741.62 874.63 2 78,300 10,000 12.77% 129,360.22 16,123.06 2,600.52 6,771.19 15

17.01% 15,406.82 31.85% 1 2 1 2 3 2000 11 30 A 6,000 45,290.60 [2003]006 2003 2 25 4,308.90 5 /, 2002 10,000 / 1 ( ) 7,904 99.63% 2003 4 2 931.54-309.76 16

2003 12 31 2002 12 31 + % 1,395,127,847.93 1,213,885,449.01 14.93 682,892,330.84 678,664,397.67 0.62 1 14.93% 2 2003 2002 + % 193,826,290.70 161,154,883.17 20.27 30,455,480.28 43,813,075.26-30.49 16,270,748.48-274,629,135.22 105.92 1 20.27% 2 30.49% 1 2 3 3 105.92% 2003 5 47 333.22 1 [2003]10 < > ( ),, 17

, 2003 3 17 1,396,916.73, 104,768.75 2 < - > ( [2003]12 ) 2003 7 1, 2001 2002 1 28,598,963.84 974,500.00 7,902,717.92 35,527,181.76 1 7,902,717.92 35,527,181.76 27,624,463.84 2002 476,721.56 12,562,424.49 2002 27,624,463.84 12,085,702.93 [1999]269 15% 2004 33% 2004 18

2004 5.7 4,335 1 2 3 4 1 2003 1 6 9 9 2003 1 8 2 2003 2 22 9 9 1 2002 2 2002 3 2002 4 2002 5 2002 6 19

7 8 9 10 11 12 5 / 13 2002 2003 2 25 3 2003 3 18 9 4 2002 2003 3 19 2002 2003 4 2 4 2003 3 31 9 9 2003 4 2 5 2003 4 29 9 4 5 20

1 2 5,000 ( ) 5,000 ( ) 5,000 ( ) 10,000 2003 4 30 6 2003 8 15 9 9 1 2 3 2003 8 19 7 2003 10 29 9 9 1 2 3 5 / 10000 / 21

2003 10 31 1 2002 2003 4 2 2002 2003 5 16 2002 2002 12 31 172,652,899 10 3 1.6 ( ) 2003 5 21 ( ) 2003 5 22 2003 5 23 2003 5 28 2003 5 16 2 2003 4 2 1 2003 30,455,480.28 10% 3,045,548.03 10% 3,045,548.03 954,142.55 954,142.55 30,358,817.04 2 2003 12 31 402,950,506.12, 2003 224,448,769 10 6 134,669,262 359,118,031 268,281,244.12 22

1 (http://www.sse.com.cn) 2 2003 12 29 2004 1 2 3 524 524 157.2 2003 11 24 4 1995 RMI 2003 8 15 2003 8 19 5 1 2003 56 2003 10 2 2004 3 2003 12 31-6,001,500.00 3 2003 56 23

2003-6,001,500.00 6 2002 11 11 15 2003 2 22 1 2002 2 2002 3 2003 4 5 / 2003 2 25 2003 10 29 1 2003 24

2 3 5 / 10,000 / 10,000 / 5 / 10,000 / 2003 10 31 2003 1 6 1 10,000 / 25

2 1 2 2003 10 28 926.53 2.47% 2003 12 26 2003 8 2,646,114.18 2,326,500.00, 4,972,614.18, 34,873.00,, 2003 10 28 926.53 26

2.47% 2003 10 31 1 2 3 50 6 2002 11 11 15 12 2 [2002]75 2003 1 6 2003 1 8 27

[2004]009 2003 12 31 2003 2003 12 31 28

2003 12 31 1 154,916,765.44 139,554,921.26 138,646,016.96 126,489,966.53 2 100,000.00-3 33,198,208.47 15,582,208.47 52,957,282.36 35,857,282.36 4 64,208.08 4,450,886.02 64,208.08 3,358,086.02 - - 5 188,095,165.05 147,619,802.60 189,295,329.31 155,763,993.67 6 25,395,318.15 47,903,599.91 25,948,150.96 35,629,511.61 7 24,077,558.96 9,722,545.96 8,615,157.88 7,724,758.75 8 2,573,037.70-327,330.03 9 90,386,355.66 62,105,143.66 94,704,737.27 66,512,304.92 10 989,247.87 989,247.87 646,760.53 646,760.53 - - - - 519,795,865.38 427,928,355.75 511,204,973.38 431,982,664.39-11 122,092,962.22 270,901,473.73 119,318,060.34 190,703,520.48 10,386,196.62 11,707,160.34 - - 122,092,962.22 270,901,473.73 119,318,060.34 190,703,520.48-12 763,760,325.67 530,552,207.67 683,263,063.47 528,552,038.32 12 198,473,347.93 151,762,418.73 192,776,039.27 158,957,341.02 565,286,977.74 378,789,788.94 490,487,024.20 369,594,697.30 : 12 16,383,799.01 16,267,526.78 19,438,357.60 19,322,085.37 548,903,178.73 362,522,262.16 471,048,666.60 350,272,611.93 14 3,838,373.10 3,688,418.26 13 109,094,425.18 105,726,752.71 13,946,200.72 11,420,382.93 - - 661,835,977.01 471,937,433.13 484,994,867.32 361,692,994.86 - - 15 91,403,043.32 15,823,618.67 98,345,898.04 34,727,888.07 16 - - 21,649.93 - - 91,403,043.32 15,823,618.67 98,367,547.97 34,727,888.07 1,395,127,847.93 1,186,590,881.28 1,213,885,449.01 1,019,107,067.80 29

2003 12 31 : 17 213,410,000.00 172,500,000.00 59,450,000.00 13,500,000.00 18 155,427,017.04 147,410,000.00 32,504,470.18 30,000,000.00 19 52,636,661.00 31,644,230.65 78,603,583.35 47,326,940.41 20 16,854,664.81 8,637,630.29 2,032,328.05 583,020.80 21 21,798,132.07 1,880,943.90 24,703,456.78 2,182,496.09 22 13,230,133.72 5,222,629.36 13,762,662.80 6,467,504.95 23 552,500.00 481,000.00 974,500.00 760,500.00 24-3,259,842.51-7,347,283.21 5,321,305.50 4,012,995.76 25 4,477,151.86 4,266,682.85 1,612,219.25 1,346,378.65 26 63,175,142.32 41,416,620.72 37,531,503.67 18,997,023.11 - - - - 27 22,500,000.00 18,000,000.00 140,000,000.00 140,000,000.00 - - 560,801,560.31 424,112,454.56 396,496,029.58 265,176,859.77 28 89,830,880.00 74,000,000.00 71,617,546.64 66,886,666.64 - - - - 29 274,204.00-30 5,586,095.88 5,586,095.88 8,379,143.72 8,379,143.72 95,691,179.88 79,586,095.88 79,996,690.36 75,265,810.36 656,492,740.19 503,698,550.44 476,492,719.94 340,442,670.13 55,742,776.90 58,728,331.40-31 224,448,769.00 224,448,769.00 172,652,899.00 172,652,899.00 : - - 224,448,769.00 224,448,769.00 172,652,899.00 172,652,899.00 32 402,950,506.12 402,950,506.12 453,349,459.39 453,349,459.39 33 25,134,238.68 23,225,953.58 17,134,857.52 17,134,857.52 12,567,119.34 11,612,976.79 8,567,428.76 8,567,428.76 34 30,358,817.04 32,267,102.14 35,527,181.76 35,527,181.76 27,624,463.84 27,624,463.84 682,892,330.84 682,892,330.84 678,664,397.67 678,664,397.67 1,395,127,847.93 1,186,590,881.28 1,213,885,449.01 1,019,107,067.80 30

2003 35 483,664,219.01 303,934,199.48 388,432,117.46 285,099,355.51 36 268,264,650.60 149,865,922.80 205,096,289.72 133,747,143.85 37 21,573,277.71 16,531,761.79 22,180,944.57 17,942,079.04 193,826,290.70 137,536,514.89 161,154,883.17 133,410,132.62 38 662,550.89 296,074.49 3,370,785.40 3,296,111.20 39 56,326,683.35 34,992,216.90 46,321,355.23 32,466,652.05 40 77,269,769.25 43,832,319.30 54,395,768.18 40,802,729.42 41 23,396,678.72 20,284,256.26 14,866,610.09 14,209,409.82 37,495,710.27 38,723,796.92 48,941,935.07 49,227,452.53 42 251,036.28 16,887.65-371,752.45-1,567,412.01 - - 43 3,281,615.39 3,111,400.83 4,531,607.52 4,223,502.84 44 4,764,495.75 3,919,364.67 1,299,595.36 621,950.38 36,263,866.19 37,932,720.73 51,802,194.78 51,261,592.98 45 8,032,740.41 7,477,240.45 8,268,720.33 7,448,517.72-2,224,354.50 - -279,600.81 30,455,480.28 30,455,480.28 43,813,075.26 43,813,075.26 1 2 3 4 5 6 31

2003 30,455,480.28 30,455,480.28 43,813,075.26 43,813,075.26 35,527,181.76 35,527,181.76 12,562,424.49 12,562,424.49 - - 65,982,662.04 65,982,662.04 56,375,499.75 56,375,499.75 3,999,690.58 3,045,548.03 4,381,307.53 4,381,307.53 3,999,690.58 3,045,548.03 4,381,307.53 4,381,307.53 - - - - - - - - 57,983,280.88 59,891,565.98 47,612,884.69 47,612,884.69 - - - - 27,624,463.84 27,624,463.84 12,085,702.93 12,085,702.93 ( ) - - - - 30,358,817.04 32,267,102.14 35,527,181.76 35,527,181.76 28.38% 28.56% 0.86 0.86 5.49% 5.52% 0.17 0.17 4.46% 4.49% 0.14 0.14 4.66% 4.69% 0.14 0.14 32

: 2003 33 : 1 490,167,267.91 328,837,258.51 2 1,648,240.30 3 9,921,498.76 5,378,692.21 4 501,737,006.97 334,215,950.72 5 223,469,150.98 123,146,792.67 6 85,206,598.32 54,197,549.91 7 96,006,365.58 76,775,568.24 8 65,633,844.51 48,907,558.12 9 470,315,959.39 303,027,468.94 10 31,421,047.58 31,188,481.78 11 5,240,000.00 5,240,000.00 12 1,572,000.00 1,572,000.00 13 188,140.00 70,000.00 14 15 7,000,140.00 6,882,000.00 16 150,689,901.96 143,432,894.53 17 165,878.91 65,878.91 18 19 150,855,780.87 143,498,773.44 20-143,855,640.87-136,616,773.44 21 290,000.00 22 267,610,000.00 222,700,000.00 23 111,449,884.00 108,140,680.00 24 379,349,884.00 330,840,680.00 25 212,936,666.64 178,586,666.64 26 37,692,875.59 33,760,766.97 27 15,000.00 28 250,644,542.23 212,347,433.61 29 128,705,341.77 118,493,246.39 30 31 16,270,748.48 13,064,954.73

: 2003 1 32 30,455,480.28 30,455,480.28 33-2,224,354.50 34-379,421.48-2,665,169.21 35 37,759,749.44 25,396,364.29 36 8,342,169.29 1,790,328.27 37 21,649.93 ( : ) 38-342,487.34-342,487.34 ( : ) 39 : 40 220,137.56 336,925.26 41 16,578.51 9,265.44 42 24,311,070.15 21,235,803.35 : 43-251,036.28-16,887.65 : 44 : 45 4,708,559.43 4,804,588.42 : 46 6,017,136.03 5,081,417.31 : 47-74,441,135.60-52,104,098.80 48-2,793,047.84-2,793,047.84 49 50 31,421,047.58 31,188,481.78 2 - - 51 - - 52 - - 53 - - 3 - - 54 154,916,765.44 139,554,921.26 55 138,646,016.96 126,489,966.53 56 - - 57 - - 58 16,270,748.48 13,064,954.73 34

( ) 2003 12 31 22,396,202.37 904,410.54 2,927,776.21 20,372,836.70 19,790,406.36 382,550.01 2,646,671.54 17,526,284.83 2,605,796.01 521,860.53 281,104.67 2,846,551.87 5,126,369.05 390,177.82 4,736,191.23 372,477.11 76,722.66 295,754.45 1,779,809.92 313,455.16 1,466,354.76 826,779.43 826,779.43 1,916,134.89 1,916,134.89 231,167.70 231,167.70 19,438,357.60 3,054,558.59 16,383,799.01 2,230,084.05 2,230,084.05 17,208,273.55 3,054,558.59 14,153,714.96 4,770,718.40 4,770,718.40 4,770,718.40 4,770,718.40 35

2003 1 [1998]22 1998 12 31 112,652,899.00 2000 10 [2000]155 6000 2000 12 22 2002 2002 12 31 172,652,899 10 3 51,795,870 2003 7 22 224,450,000.00 1500001007153 2 2.1 2.2 1 1 12 31 2.3 2.4 36

2.5 2.6 2.7 2.7.1 1 5% 1 2 1 15% 2 3 2 25% 3 4 3 40% 4 5 4 80% 5 100% 2.7.2 2.7.3 37

1 2, 2.8 2.8.1 2.8.2 ( ) 2.8.3 2.8.4 1 2 3 4 5 1 2 3 4 2.8.5 1 2 38

3 2.8.6 2.9 2.9.1 2.9.2 1 2 2.9.3 2.10 2.10.1 1 2 20% 20% 20% 20% 20% 20% 50% 50% 3 39

10 2.10.2 1 2 3 2.10.3 2.10.4 1 2 40

2.11 2.12 2.12.1 2.12.2 2.12.3 1 2 3 4 5 41

a b 2.12.4 3 8-35 2.77%-12.13% 30 3.23% 20 4.85% 35 2.77% 8 12.13% 15 6.47% 20 4.85% 5-20 4.85%-19.40% 10-12 8.08%-9.70% 11-18 5.39%-8.82% 15-20 4.85%-6.47% 5 19.40% 7-13 7.46%-13.86% 8-30 3.23%-12.13% 30 3.23% 18 5.39% 8-11 8.82%-12.13% 12 8.08% 42

15 6.47% 5-12 8.08%-19.40% 5 19.40% 10-12 8.08%-9.70% 5 2.13 1 2 2.14 43

2.14.1 2.14.2 2.14.3 3 3 2.14.4 2.15 2.15.1 2.15.2 10 2.15.3 44

2.16 2.17 2.17.1 2.17.2 2.17.3 2.17.2 2.17.3 2.18 2.19 2.19.1 (1) [2003]10 < > ( ),, 2003 3 17-1,396,916.73, 104,768.75 (2) < - > 45

( [2003]12 ) 2003 7 1, 2001 2002 28,598,963.84 974,500.00 7,902,717.92 35,527,181.76 7,902,717.92 35,527,181.76 27,624,463.84 2002 476,721.56 12,562,424.49 2002 27,624,463.84 12,085,702.93 2.19.2 2.19.3 2.20 2.20.1 1995 11 50% 50% 2.20.2 46

3 3.1 17 3.2 12 3.3 3 5 3.4 5% 7% 3.5 3% 3.6 [1999]269 15% [2001]304 [2001]247 [2002]98 [2002]15 2002 1 1 2004 12 31 [1994]001 [2003]346 2003 2005 4 4.1 ADC 4118 51.02% 2680 50.97% 7200 59.88% 7904 99.63% 47

300 95.00% 4.2 2003 3 20 2003 3 31 7875 99.63% 29 2003 11 10 5 2002 12 31 2003 12 31 5.1 137,750.67 105,036.88 134,201,293.59 138,219,131.59 20,577,721.18 321,848.49 154,916,765.44 138,646,016.96 5.2 100,000.00 100,000.00 105,700.00 5.3 48

17,998,208.47 37,757,282.36 15,200,000.00 15,200,000.00 33,198,208.47 52,957,282.36 5.3.1 5.3.2 5.3.3 90 5.3.4 : ( ) 11,000,000.00 2003.08.28-2004.05.27 4,200,000.00 2003.12.28-2004.09.27 15,200.000.00 5.4 64,208.08 64,208.08 64,208.08 64,208.08 5.5 5.5.1 1 191,090,435.23 92.93% 9,554,521.76 178,516,899.63 85.38% 8,833,483.93 1-2 3,211,835.21 1.56% 481,775.29 8,620,103.49 4.12% 1,292,015.50 2-3 2,306,702.77 1.12% 576,675.70 12,322,352.95 5.89% 3,080,588.25 3-4 2,057,145.33 1.00% 822,858.13 4,439,348.15 2.12% 1,775,739.26 4-5 4,324,386.97 2.10% 3,459,509.58 1,892,260.56 0.91% 1,513,808.53 5 2,630,944.37 1.29% 2,630,944.37 3,294,770.89 1.58% 3,294,770.89 205,621,449.88 100.00% 17,526,284.83 209,085,735.67 100.00% 19,790,406.36 5.5.2 130,160,447.67 63.30% 49

5.5.3 5%( 5%) 5.5.4 5.5.5 500,510.69 5.6 5.6.1 1 20,921,474.96 74.08% 1,046,073.76 21,564,104.91 75.52% 1,009,825.22 1-2 3,796,993.18 13.44% 569,548.98 5,286,642.45 18.51% 792,996.37 2-3 2,098,036.45 7.43% 524,509.12 1,180,190.44 4.13% 295,047.61 3-4 1,116,303.26 3.95% 446,521.31 7,535.70 0.03% 3,014.28 4-5 245,819.33 0.87% 196,655.86 52,804.69 0.18% 42,243.75 5 63,242.84 0.23% 63,242.84 462,668.78 1.63% 462,668.78 28,241,870.02 100.00% 2,846,551.87 28,553,946.97 100.00% 2,605,796.01 5.6.2 12,662,049.59 44.83% 5.6.3 4,660,348.39 5.6.4 5%( 5%) 5.6.5 263,752.61 5.7 1 23,711,821.13 98.48% 7,806,935.61 90.62% 1-2 343,215.12 1.43% 804,704.97 9.34% 2-3 20,066.42 0.08% 3,234.11 0.04% 3-4 2,456.29 0.01% 283.19 50

24,077,558.96 100.00% 8,615,157.88 100.00% 5.7.1 5% 5% 5.7.2 5.7.3 5.8 2,573,037.70 327,330.03 2,573,037.70 327,330.03 5.9 51,483,834.13 58,439,198.12 27,745,217.50 25,348,354.26 3,898,489.56 3,768,528.14 9,417,286.88 10,000,886.81 2,577,718.82 2,139,876.47 76,798.39 57,464.13 95,122,546.89 99,831,106.32 4,736,191.23 5,126,369.05 90,386,355.66 94,704,737.27 5.9.1 5.9.2 372,477.11 76,722.66 295,754.45 1,779,809.92 313,455.16 1,466,354.76 231,167.70 231,167.70 826,779.43 826,779.43 1,916,134.89 1,916,134.89 51

5,126,369.05 390,177.82 4,736,191.23 5.10 259,149.18 1,097,267.73 841,911.00 514,505.91 385,333.27 544,000.00 543,999.95 385,333.32 2,278.08 2,278.08 89,408.64 89,408.64 646,760.53 1,730,676.37 1,388,189.03 989,247.87 5.11 119,318,060.34 9,335,865.60 6,560,963.72 122,092,962.22 119,318,060.34 9,335,865.60 6,560,963.72 122,092,962.22 1 9,265,321.09 65,878.91 9,331,200.00 432, 2.47% 2 524 1.00 / 524 2003 11 24 5.11.2 1 52

9,335,865.60 2.47% 100,000,000.00 12.77% 1,000,000.00 1.61% 1,370,900.00 0.80% 2 3,555,056.90 2,133,034.12 355,505.60 1,777,528.52 10 9,654,581.06 9,574,126.22 965,458.12 8,608,668.10 10 13,209,637.96 11,707,160.34 1,320,963.72 10,386,196.62 50.97% 3,555,056.90 10 45,271,100.00 59.88% 2002 11 26 9,654,581.06 5.12 683,263,063.47 177,627,491.25 97,130,229.05 763,760,325.67 233,218,943.97 37,801,866.28 24,609,636.39 246,411,173.86 207,561,580.95 29,081,043.09 30,431,567.58 206,211,056.46 219,374,522.22 84,795,473.09 30,510,816.15 273,659,179.16 53

23,108,016.33 25,949,108.79 11,578,208.93 37,478,916.19 192,776,039.27 37,759,749.44 32,062,440.78 198,473,347.93 43,808,465.16 8,246,403.86 6,473,709.66 45,581,159.36 55,466,134.03 10,822,894.73 8,759,063.35 57,529,965.41 86,063,030.30 17,623,782.52 14,004,643.50 89,682,169.32 7,438,409.78 1,066,668.33 2,825,024.27 5,680,053.84 490,487,024.20 565,286,977.74 19,438,357.60 16,383,799.01 471,048,666.60 548,903,178.73 5.12.1 1 (2 ( 79,536,055.29 26,806,182.15 ) 5.12.2 119,957,429.81, 54,766,011.50 5.12.3 13.1 5.13 ( ) 6,833,409.70 6,445,546.32 12,820,894.73 458,061.29 99% 160 1,669,328.22 1,669,328.22 100% 70 258,939.46 376,767.38 635,706.84 100% 2,830.48 3,070,593.23 1,900,523.70 4,971,116.93 100% 8,430 1,046,380.00 58,652,392.91 59,698,772.91 64% 4,268 320,000.00 8,457,556.28 8,777,556.28 21% 5 / 18,569 25,793,440.40 25,793,440.40 14% 5 1200 4,324,498.77 4,324,498.77 90% 54

2,324,658.00 2,324,658.00 90% 1,000,000.00 1,000,000.00 30% 3,000 92,171,286.48 92,171,286.48 100% 116,557.99 18,844.39 101,379.59 34,022.79 2,574,364.79 2,498,595.90 75,768.89 38,204.06 13,515.70 24,688.36 ADC 638,570.96 2,325,579.27 2,486,724.92 477,425.31 985,336.98 1,226,102.37 162,997.32 2,048,442.03 ADC 417,502.62 3,577.36 421,079.98 100% GMP 3,752 187,489.20 187,489.20 1% 107,891.93 425,207.30 13,263.34 519,835.89 151,017.85 5,190,287.07 1,991,539.86 3,349,765.06 13,946,200.72 215,105,654.27 119,957,429.81 109,094,425.18 0.00 13,946,200.72 109,094,425.18 5.13.1 5.13.2 5 / 5.14 3,712,163.42 126,209.68 3,838,373.10 5 / 55

5.15 ( ) 7,296,393.08 4,770,718.40 2,525,674.68 4,770,718.40 ( ) 245,001.40 220,509.81 4,900.08 29,391.67 215,609.73 44 8,100,000.00 6,480,000.00 540,000.00 2,160,000.00 5,940,000.00 11 12,415,498.50 11,119.071.00 1,235,452.33 2,531,879.83 9,883,618.67 8 ( ) 15,131,313.48 15,131,313.48 75,656.57 15,055,656.91 ( ) 1,027,740.00 1,027,740.00 25,693.50 1,002,046.50 ( ) 969,763.59 969,763.59 24,244.09 945,519.50 ( ) 8,613,197.34 8,296,424.59 181,012.92 497,785.67 8,115,411.67 44.8 ( ) 15,340,516.86 13,422,952.25 1,534,051.68 3,451,616.29 11,888,900.57 7.75 ( ) 43,115,300.00 41,678,123.32 4,311,530.04 5,748,706.72 37,366,593.28 8.7 ( ) 16,454,971.48 16,454,971.48 259,815.34 259,815.34 16,195,156.14 46 9 ( ) 1,002,046.50 1,002,046.50 77,080.50 77,080.50 924,966.00 9 ( ) 945,519.50 945,519.50 72,732.24 72,732.24 872,787.26 9 103,116,616.44 18,402,537.48 8,342,169.29 17,003,222.91 17,354,682.94 96,173,761.72 4,770,718.40 4,770,718.40 98,345,898.04 91,403,043.32 5.15.1 : 1995 RMI, 65, 5,572,082.92 7,296,393.08, 4,770,718.40 5.15.2 8 107,631.65, 50 56

5.15.3 : [2000]1 2000 2015 810 5.15.4 2001 8 11 150 15 5.15.5 400 3.7 331,313.48 15,131,313.48 50 75,656.57 5.15.6 ( ) 1,027,740.00 25,693.50 5.15.7 ( ): 10KV 969,763.59, 24,244.09 5.15.8 2001 5 2001 071 50 1998 10 29 2048 10 29 2001 8 [2001]2009 8,613,197.34 5.15.9 2002 9 30 [2002] 165 1520, 15,340,516.86 57

10 5.15.10 4311.53 D- 2002 9 30 [2002] 166 7547, 43,115,300.00, 10 ( ) 5.15.11 ( ) 2003 3 31 7875 2003 3 25 [2003]04 16,454,971.48 47.5 5.15.12 ( ) ( ) ( ) ( ) 2003 3 31 7875 9 9 5.16 56,530.00 6,433.32 6,433.32 56,530.00 9,650.00 3,216.61 3,216.61 9,650.00 12,000.00 12,000.00 12,000.00 12,000.00 78,180.00 21,649.93 21,649.93 78,180.00 5.17 58

500,000.00 4,680,000.00 171,960,000.00 6,720,000.00 40,950,000.00 48,050,000.00 213,410,000.00 59,450,000.00 5.17.1 : 13.1 5.17.2 100 150TADC - 179 367 11,550 5,000 17,196 5.17.3 15,900 1,200 5.18 154,251,124.13 32,504,470.18 1,175,892.91 155,427,017.04 32,504,470.18 5.18.1 5% 5% 5.18.2 5.18.3 5.19 52,636,661.00 78,603,583.35 5.19.1 5% 5% 59

5.19.2 5.19.3 114,590.53 5.20 16,854,664.81 2,032,328.05 5.20.1 5% 5% 5.20.2 30,506.12 5.20.3 5.21 1,880,943.90 2,182,496.09 19,917,188.17 22,520,960.69 21,798,132.07 24,703,456.78 5.22 5,222,629.36 6,467,504.95 8,007,504.36 7,295,157.85 13,230,133.72 13,762,662.80 5.23 52,000.00 166,500.00 368,000.00 136,000.00 132,500.00 2,500.00 591,500.00 78,000.00 552,500.00 974,500.00, 2.19.1(2) 60

5.24 6,788,073.03 2,836,484.02 14,163.88 81,973.18-12,917,499.88-1,497,571.36 405,329.98 582,517.70 2,119,259.92 3,209,838.68 162,333.01 164.06 74,043.83 38,857.46-9,159.00 94,453.72 33,412.05-26,470.71-3,259,842.51 5,321,305.50 5.24.1 3 5.24.2 5.25 5 199,192.89 828,517.48 3% 265,122.20 386,127.19 0.07 85,554.37 1,098.33 12% 3,927,282.40 396,476.25 4,477,151.86 1,612,219.25 5.25.1 59 5.25.2 5.26 63,175,142.32 37,531,503.67 61

5.26.1 5% 5% 118,250.58 5.26.2 1,532,687.60 5.26.3 5.27 % 7,000,000.00 1999.04.22-2004.04.21 5.580 2,000,000.00 1999.06.29-2004.06.28 5.580 4,000,000.00 1999.05.12-2004.05.11 5.580 5,000,000.00 2002.10.25-2004.10.24 6.039 1,500,000.00 2002.04.28-2004.02.28 7.137 3,000,000.00 2001.12.12-2004.12.11 5.940 22,500,000.00 5.27.1 1300 450 5.27.2 : 13.1 5.28 % 40,000,000.00 2001.09.18-2006.09.16 6.030 6,000,000.00 2003.04.30-2005.04.29 6.039 6,000,000.00 2003.04.28-2005.04.27 6.039 2,000,000.00 2003.10.30-2005.10.29 6.039 20,000,000.00 2003.08.04-2005.08.03 5.760 15,600,000.00 2003.09.27-2005.03.26 6.588 115,440.00 115,440.00 89,830,880.00 62

5.28.1 20,000,000.00 20,000,000.00 5.28.2 : 13.1 5.29 226,204.00 48,000.00 274,204.00 5.30 5,586,095.88 8,379,143.72 5.43.1 5.31, 1 112,652,899.00 33,795,870.00 33,795,870.00 146,448,769.00 102,252,899.00 30,675,870.00 30,675,870.00 132,928,769.00 10,400,000.00 3,120,000.00 3,120,000.00 13,520,000.00 2 3 4 112,652,899.00 146,448,769.00 63

1 60,000,000.00 18,000,000.00 18,000,000.00 78,000,000.00 2 3 4 60,000,000.00 18,000,000.00 18,000,000.00 78,000,000.00 172,652,899.00 51,795,870.00 51,795,870.00 224,448,769.00 2002 2002 12 31 172,652,899 10 3 51,795,870.00 [2003]005 5.32 453,349,459.39 51,795,870.00 401,553,589.39 1,396,916.73 1,396,916.73 453,349,459.39 1,396,916.73 51,795,870.00 402,950,506.12 :(1) : - 2 5.31 5.33 8,567,428.76 3,999,690.58 12,567,119.34 8,567,428.76 3,999,690.58 12,567,119.34 17,134,857.52 7,999,381.16 25,134,238.68 (1) 30,455,480.28 10 3,045.548.03 10 3,045.548.03 (2) 3,633,748.54, 50.97% 185,212.70 3 8,093,998.44, 95% 768,929.85 64

5.34 35,527,181.76 30,455,480.28 35,623,845.00 30,358,817.04 5.34.1, 2.19.1(2) 5.34.2 :(1) 2002 10 1.60 27,624,463.84 (2) 5.33 5.35 2003 2002 215,781,818.33 207,274,071.71 122,601,311.10 99,964,659.70 15,297,087.53 13,156,054.53 ADC 100,833,974.39 53,874,594.26 1,469,720.35 5,424,837.56 5,176,717.59 3,848,462.95 3,936,411.76 3,742,476.95 13,043,277.02 389,384.42 5,523,900.94 757,575.38 483,664,219.01 388,432,117.46 5.35.1 154,068,215.85 31.85% 5.35.2 ADC, 5.36 2003 2002 79,873,724.00 66,005,632.57 77,200,831.04 71,471,052.03 5,007,379.43 6,832,291.34 65

ADC 87,000,574.60 49,941,205.29 1,071,091.53 4,631,985.27 2,684,185.81 2,284,382.47 2,907,380.31 3,123,896.31 7,444,481.84 139,514.17 5,075,002.04 666,327.27 268,264,650.60 205,096,289.72 ADC, 5.37 2003 2002 17,101,591.00 18,799,679.81 2,806,300.04 2,246,874.12 1,567,267.18 1,134,390.64 98,119.49 21,573,277.71 22,180,944.57 5.38 2003 2002 152,236.08 1,204,615.15-62,655.38 970,052.43 489,386.64 234,057.13 529,795.51 182,307.60-446,211.96 779,753.09 662,550.89 3,370,785.40 5.39 2003 2002 56,326,683.35 46,321,355.23 ADC, 66

5.40 2003 2002 77,269,769.25 54,395,768.18 5.41 2003 2002 24,311,070.15 17,792,780.52 : 1,157,174.19 3,250,455.86 77,331.66 : 109,530.56 9,765.08 352,313.32 256,718.85 23,396,678.72 14,866,610.09 5.42 2003 2002-1,320,963.72-435,960.53 1,572,000.00 64,208.08 251,036.28-371,752.45 5.43 2003 2002 216,724.63 1,585,442.14 67

62,704.32 18,512.24 2,793,047.84 2,793,047.92 209,138.60 134,605.22 3,281,615.39 4,531,607.52 5.43.1 13,965,239.52 2000 5 2,793,047.84 5.43.2 5.44 2003 2002 453,440.70 184,514.63 542,620.00 338,395.00 3,332,183.15 433,275.26 310,492.95 246,400.38 125,758.95 97,010.09 4,764,495.75 1,299,595.36 5.45 2003 2002 8,032,740.41 8,268,720.33 3 5.46 1,109,871.07 136,964.65 1,914,016.05 62,704.32 68

76,899.93 220,000.00 3,164,206.54 3,217,980.48 18,855.72 9,921,498.76 5.47 2,899,253.04 2,600,000.00 13,728,413.00 362,373.18 957,663.09 4,844,111.30 3,084,311.37 855,000.00 1,946,084.76 6,327,323.32 1,018,756.79 8,226,524.59 980,064.11 731,209.50 1,527,362.75 178,659.12 7,507,233.82 69

7,859,500.77 65,633,844.51 6 2003 2002 2003 2002 2003 2002 249,315,222.72 180,011,085.95 175,871,442.72 138,284,812.71 73,443,780.00 41,726,273.24 215,781,818.33 207,274,071.71 79,873,724.00 66,005,632.57 135,908,094.33 141,268,439.14 18,567,177.96 1,146,959.80 12,519,483.88 805,844.44 6,047,694.08 341,115.36 483,664,219.01 388,432,117.46 268,264,650.60 205,096,289.72 215,399,568.41 183,335,827.74 7 7.1 7.1.1 1 151,652,008.87 95.68% 6,884,991.20 147,682,007.11 86.77% 6,822,421.67 1-2 979,421.79 0.62% 146,913.27 5,294,963.98 3.11% 794,244.58 2-3 945,192.70 0.60% 236,298.18 10,612,710.13 6.24% 2,653,177.54 3-4 1,013,443.50 0.64% 405,377.40 3,806,999.94 2.24% 1,522,799.98 4-5 3,516,578.91 2.22% 2,813,263.12 799,781.80 0.47% 639,825.52 5 400,650.00 0.24% 400,650.00 2,002,756.34 1.17% 2,002,756.34 158,507,295.77 100.00% 10,887,493.17 170,199,219.30 100.00% 14,435,225.63 7.1.2 131,023,141.93 82.66% 7.1.3 5%( 5%) 7.1.4 7.1.5 215,515.09 70

7.2 7.2.1 1 45,970,010.44 92.49% 689,371.95 32,342,054.05 85.88% 820,262.58 1-2 1,713,794.08 3.45% 257,069.12 3,784,994.06 10.05% 567,749.11 2-3 596,388.06 1.20% 149,097.02 1,178,390.44 3.13% 294,597.61 3-4 1,116,303.26 2.25% 446,521.31 7,535.70 0.02% 3,014.28 4-5 245,819.33 0.49% 196,655.86 10,804.69 0.03% 8,643.75 5 62,542,84 0.12% 62,542.84 336,418.78 0.89% 336,418.78 49,704,858.01 100.00% 1,801,258.10 37,660,197.72 100.00% 2,030,686.11 7.2.2 36,731,348.70 73.90% 7.2.3 : - 7.2.4 5%( 5%) 7.2.5 263,752.61 7.3 7.3.1 85,463,520.48 78,515,851.37 2,413,763.72 161,565,608.13 105,240,000.00 9,335,865.60 5,240,000.00 109,335,865.60 190,703,520.48 87,851,716.97 7,653,763.72 270,901,473.73 71

7.3.2 % 20,062,791.34 594,337.09 20,657,128.43 51.02 18,816,253.61 1,852,131.28 1,092,800.00 355,505.60 19,220,079.29 50.97 2,230,294.81 8,309,003.71 10,539,298.52 95.00 44,354,180.72-7,901,054.70 965,458.12 35,487,667.90 59.88 78,750,000.00-3,088,566.01 75,661,433.99 99.63 85,463,520.48 78,750,000.00-234,148.63 1,092,800.00 1,320,963.72 161,565,608.1 3 2003 3 31 7875, 2003 3 25 [2003]04, [2003] 17 7.3.3 3,555,056.90 2,133,034.12 355,505.60 1,777,528.52 10 9,654,581.06 9,574,126.22 965,458.12 8,608,668.10 10 72

13,209,637.96 11,707,160.34 1,320,963.72 10,386,196.62 50.97% 3,555,056.90 10 45,271,100.00 59.88% 2002 11 26 9,654,581.06 7.3.4 ( ) 9,335,865.60 9,335,865.60 2.47% 100,000,000.00 100,000,000.00 12.77% 5,240,000.00 5,240,000.00 105,240,000.00 9,335,865.60 5,240,000.00 109,335,865.60 1 9,265,321.09 65,878.91 9,331,200.00 432, 2.47% 2 524 1.00 / 524 2003 11 24 7.4 2003 2002 73

173,375,591.98 171,698,843.05 115,261,519.97 100,244,457.93 15,297,087.53 13,156,054.53 303,934,199.48 285,099,355.51 7.5 2003 2002 67,874,371.34 54,879,668.14 76,984,172.03 72,035,184.37 5,007,379.43 6,832,291.34 149,865,922.80 133,747,143.85 7.6 2003 2002-1,555,112.35-1,567,412.01 : -1,320,963.72-435,960.53 1,572,000.00 16,887.65-1,567,412.01 5.42.1 5.42.2 8 8.1 74

ADC 8.2 2002 12 31 2003 12 31 113,180,000.00 113,180,000.00 41,180,000.00 41,180,000.00 26,800,000.00 26,800,000.00 3,000,000.00 3,000,000.00 72,000,000.00 72,000,000.00 79,040,000.00 79,040,000.00 8.3 : 2002 12 31 2003 12 31 102,252,899.00 59.22% 30.675,870.00 132,928,769.00 59.22% 21,010,000.00 51.02% 21,010,000.00 51.02% 13,660,000.00 50.97% 13,660,000.00 50.97% 2,850,000.00 95.00% 2,850,000.00 95.00% 35,616,518.94 59.88% 35,616,518.94 59.88% 75

78,750.000.00 78,750.000.00 99.63% 8.4 : 8.5 : 8.5.1 1 2002 1 2018 12 31 260 2 : 0.19 0.63 0.58 5.03 : 23,336.00 / (3) 8.5.2 2003 % 2002 % 21,042,376.75 4.35 17,792,478.78 4.58 9,139,193.43 1.89 6,875,147.80 1.77 30,512,496.89 6.31 25,060,600.00 6.45 76

347,539.28 12.07 8.5.3 2003 2002 1,240,216.58 1,278,165.52 179,825.00 8.5.4 2003 2002 2,600,000.00 2,600,000.00 8.5.5 2003 2002 216,267.00 1,561,131.49 3,170,168.37 8.5.6 2003 2002 12 31 12 31 2003 12 31 % 2002 12 31 6,751,735.43 5,344,171.48 3.28 2.56 7,585,628.46 7,748,967.20 3,69 3.71 5,532,505.29 6,410,142.36 2.69 3.07 486,224.30 0.24 6,001,500.00 601,500.00 21.25 2.11 2,974,224.99 10.42 110,000.00 0.39 466,264.79 1.63 4,230,680.00 8.04 77

301,755.60 0.57 2,764,206.54 4.38 118,250.58 0.19 530,712.63 646,791.33 0.84 1.73 8.5.7 189,170,000.00 9 10 10.1 2002 10 27 3,332,183.15 10.2 2003 12 26 2003 8 2,646,114.18 2,326,500.00, 4,972,614.18, 34,873.00,, 78

11 12 30,455,480.28 10% 3,045,548.03 10% 3,045,548.03 954,142.55 954,142.55 30,358,817.04 224,448,769 10 6 134,669,262 268,281,244.12 2003 13 13.1 1 2,812,793.00, 120 2 2003 9 27 1,560 3 444 125.55 420 6,114,639.00 11,319,322.05, 1,200 4 2003 5 29 835, 400 2003 7 31 2418, 965 2003 12 2 853 290 5 85,496,820.28 65,489,402.69 4,000 9,092 700 1,900 13.2 15% 2003 12 31 79

OO 80