2004

3 4 7 10 15 18 19 32 33 36 86 2

2004 ( ) BEIJING TONGRENTANG CO. LTD TRT ( ) ( ) 52 010-67020018 010-67020018 zsy@tongrentang.com jiazetao@tongrentang.com ( ) 10 52 42 100062 http://www.tongrentang.com tongrentang@tongrentang.com ( ) http://www.sse.com.cn ( ) 600085 ( ) 1997 6 18 52 2002 5 16 10 1100001510624 110192633646266 22 5 3

2004 ( ) 435,630,413.72 286,780,097.26 288,266,052.67 1,113,881,710.57 11,488,731.63 435,982,324.05 1,294,102.53 -- -1,646,012.86 415,822,179.36 299,869,577.47 : 52,713.81 617,684.14 2,459,107.36-302,754.00-1,485,955.41 ( ) ( : ) 2004 2003 2002 2,445,252,140.30 2,169,085,412.35 1,991,845,756.42 286,780,097.26 239,529,116.35 249,877,391.48 3,553,457,778.66 2,746,311,922.59 2,459,189,102.89 2,141,220,437.80 1,635,662,069.93 1,493,772,248.21 0.793 0.722 0.753 5.920 4.930 4.502 5.794 4.785 4.411 1.150 0.874 0.755 % 13.39 14.64 16.73 288,266,052.67 230,729,381.88 252,321,716.70 0.797 0.695 0.761 % 16.33 14.99 18.16 4

2004 ( ) ( ) % 1,113,881,710.57 52.02 63.09 3.080 3.307 435,982,324.05 20.36 24.70 1.205 1.295 286,780,097.26 13.39 16.24 0.793 0.852 288,266,052.67 13.46 16.33 0.797 0.856 ( ) 331,799,933.00 29,884,982.00 361,684,915.00 593,152,061.29 287,448,867.90 880,600,929.19 248,634,464.77 69,983,768.52 318,618,233.29 70,946,751.88 20,015,556.48 90,962,308.36 462,122,478.63 286,780,097.26 169,523,748.42 579,378,827.47-46,867.76 984,400.61 937,532.85 1,635,662,069.93 675,082,116.29 169,523,748.42 2,141,220,437.80 1 2004 10 14 316,547,438.30 29,884,982.00 286,662,456.30 2 3 4 2003 99,539,979.90 ( ) 47,792,542.78 19,396,212.07 4,172,861.08 63,015,893.77 46,330,051.51 18,272,262.35 4,172,861.08 60,429,452.78 1,462,491.27 1,123,949.72 2,586,440.99 5

2004 623,356.05 44,420.51 578,935.54 623,356.05 44,420.51 578,935.54 41,493,225.42 12,521,874.68 3,075,085.21 50,940,014.89 40,724,683.79 12,259,179.48 3,075,085.21 49,908,778.06 768,541.63 262,695.20 1,031,236.83 392,758.64 19,881.26 372,877.38 392,758.64 19,881.26 372,877.38 6

2004 ( ) 1 232,183,325 232,183,325 : 232,183,325 232,183,325 2 3 4 232,183,325 232,183,325 1 99,616,608 29,884,982 29,884,982 129,501,590 2. 3. 4. 99,616,608 129,501,590 331,799,933 361,684,915 2 2004 9 2003 2002 331,799,933 10 3 11 29,884,982 29,884,982 2004 10 25 361,684,915 232,183,325 129,501,590 ( ) 1 13,368 7

2004 ( - ( ) ( ) ( ) ) 1 ( ) 0 232,183,325 64.19 0 2 4,511,539 8,510,621 2.35 3 5,609,194 1.55 4 4,953,997 1.37 5 4,382,912 1.21 6 985,505 3,620,523 1.00 7-1,056,827 3,503,982 0.97 8 1,522,758 3,330,510 0.92 9 3,289,126 0.91 10 2,945,000 0.81 5% A 3 1992 8 17 18,900 8

2004 100 ( ) 64.19 4 ( ) 1 8,510,621 A 2 5,609,194 A 3 4,953,997 A 4 4,382,912 A 5 3,620,523 A 6 3,503,982 A 7 3,330,510 A 8 3,289,126 A 9 2,945,000 A 10 2,888,943 A 9

2004 ( ) 1 51 2003.5.28-2006.5.27 19923 25900 5977 58 2003.5.28-2006.5.27 19923 25900 5977 48 2003.5.28-2006.5.27 15939 20721 4782 48 2003.5.28-2006.5.27 11641 15133 3492 39 2003.5.28-2006.5.27 0 0 0 48 2003.5.28-2006.5.27 0 0 0 71 2003.5.28-2006.5.27 0 0 0 67 2003.5.28-2006.5.27 0 0 0 40 2003.5.28-2006.5.27 0 0 0 60 2003.5.28-2006.5.27 0 0 0 56 2003.5.28-2006.5.27 0 0 0 47 2003.5.28-2006.5.27 5977 7770 1793 52 2003.5.28-2006.5.27 0 0 0 50 2003.5.28-2006.5.27 1162 1511 349 44 2003.5.28-2006.5.27 0 0 0 40 2003.5.28-2006.5.27 0 0 0 50 2003.5.28-2006.5.27 0 0 0 47 2003.10.28-2006.5.27 0 0 0 47 2003.10.28-2006.5.27 0 0 0 39 2003.5.28-2006.5.27 0 0 0 46 2004.8.14-2006.5.27 0 0 0 35 2003.5.28-2006.5.27 0 0 0 2001.7 2001.7 2001.7 2001.11 2001.12 2 10

2004 51 ( ) 58 48 ( ) ( ) ( ) ( ) 48 39 48 71 11

2004 67 40 60 56 47 52 50 44 40 50 12

2004 ( ) 47 ( ) ( 47 39 46 35 3 1 2004 2 13

2004 2004 293.44 89.59 114.03 30 1 0 3 20-30 2 1 4 10-20 0 1 1 10 0 1 0 3 2001 3000 3 ( ) 2004 12 31 3,309 1,798 472 360 90 589 11 234 490 1,062 1,512 358 14

2004 15 ( ) 1 2 3 5 11 4 5 6 7

2004 ( ) ( ) ( ) 16

2004 17

2004 2004 3 2 2003 2003 2004 4 22 11 232,624,414 331,799,933 70.11% 1 2003 2 2003 3 2003 4 2003 5 6 7 2003 2004 4 23 18

2004 ( ) 1 2004 2004 244,525.21 12.73% 226,767.35 17,757.86 111,388.17 11.31% 28,678.01 19.73% 2004 OTC 50 50 22,545.59 34,281.02 % 22,545.59 14,270.52 36.70 34,281.02 15,395.61 55.09 19

2004 13 12 2004 335 2004 50 35 5 GMP GAP 04 ISO9001 ISO14001 OHSAS18001 04 20

2004 2004 2004 2 1 18,280 54.7% 13.4% 15.61% ISO9001 2004 99,199.00 14.66% 20,495.93 18.09% 125,858.43 2 300 60% 2004 680 417.41 2,996.71 3 200 51% 2004 2,401.07 352.96 853.47 4 2003 5,000 51% 2004 1,690.16 75.16 5,218.68 5 400 51% 2004 507.10 52.98 3,510.69 3 222,919,889.52 27.41% 612,718,970.95 25.06% 4 2004 21

2004 ( ) 1 2004 12 31 3,510.86 3,908.77 52.68% ( ) 50% ( ) 49% 30% 51% 51% 51% 51% 51% 1% 40% 2 62,908 28,000 31,654.74 22,389.71 9,265.03 4,930.00 3,591.08 72.84% 22

2004 4,905.00 3,136.42 63.94% 4,789.00 3,544.58 74.02% 4,597.00 3,114.92 67.76% 4,485.00 3,073.53 68.53% 4,615.00 2,595.44 56.24% 3,333.74 3,333.74 100% 31,654.74 22,389.71 70.73% 2004 10 (1) 4,930 4,330 600 3,591.08 (2) 4,905 4,305 600 3,136.42 GMP TGA CIP AGV (3) 4,789 4,189 600 3,544.58 GMP, (4) 4,597 3,997 600 3,114.92 GMP 23

2004 (5) 4,485 3,885 600 3,073.53 GMP 0.5 (6) 4,615 4,315 300 2,595.44 GMP Galtt 0.5 04 (7) 3,333.74 3 1 1.5 7,350 49% 7,650 51% 2004 12 31 2000 2 100 51 51 24

2004 3 9,275.11 4 2,469.9 ( ) 2004 2003 % 3,553,457,778.66 2,746,311,922.59 29.39 47,996,444.20 12,859,264.00 273.24 240,429,896.47 182,270,353.89 31.91 39,045,041.82 13,349,917.10 192.47 35,108,617.14 74,196,332.44-52.68 1,233,992,483.29 1,039,094,177.19 18.76 1,078,075,689.45 831,611,627.49 29.64 7,058,083.50 3,839,381.44 83.83 391,015,136.81 258,360,122.69 51.35 102,887,393.63 67,596,514.57 52.21 31,549,981.29 24,069,393.04 31.08 19,098,549.40-13,267,997.60 243.94 54,393,938.49 37,821,419.90 43.82 18,921,856.66 12,887,846.55 46.82 2,141,220,437.80 1,635,662,069.93 30.91 1,113,881,710.57 1,000,718,606.64 11.31 286,780,097.26 239,529,116.35 19.73 299,869,577.47-16,495,518.01 1,917.89 1 29.39% 2 273.24% 3 31.91% 4 192.47% 5 52.68% 6 18.76% 7 29.64% 8 83.83% 9 51.35% 10 52.21% 11 31.08% 25

2004 26 12 243.94% 13 43.82% 2004 12 872 14 46.82% 15 30.91% 16 11.31% 17 19.73% 18 1,917.89% ( ) 2005 1 2005 2 3 4 2005

2004 ( ) 1 1 2004 2 28 a.2003 b.2003 c.2003 d.2003 e.2003 f. g. h. i. j. k. l. m. 2003 2004 3 2 2 2004 4 26 a. 2004 b. 2004 4 28 3 2004 7 9 a. b. 2004 7 10 4 2004 8 14 a. 2004 b. 2004 8 17 5 2004 10 26 2004 27

2004 2 1 2003 2003 239,529,116.35 10% 33,687,829.82 ( ) 5% 16,843,914.91 ( ) 7,578,116.89 ( ) 380,243,203.80 2002 10 3 99,539,979.9 2003 462,122,478.63 2003 331,799,933 10 3 ( ) 0.30 ( ) 99,539,979.9 362,582,498.73 2004 6 10 6 18 2004 6 8 2 2002 2003 2003 2003 331,799,933 10 3 11 232,183,325 99,616,608 [2004]141 2004 9 15 2004 10 13 2004 10 18 2004 0030 328,734,802 12,187,363.70 316,547,438.30 29,884,982 129,501,590 361,684,915 2004 10 25 ( ) 2004 286,780,097.26 10% 40,007,576.71 ( ) 5% 20,015,556.48 ( ) 9,960,635.33 ( ) 462,122,478.63 2003 10 3 99,539,979.9 2004 579,378,827.47 2004 361,684,915 10 2.5 ( ) 2004 12 31 361,684,915 10 2 72,336,983 ( ) 1 28

2004 2005 156 2004 [ ], 2004 12 31 2004 2004 2004 2004 103,203.61 30,618,141.53 20,229,562.64 1,454,223.33 11,739,598.61 29

2004 8,057,139.41 8,031,542.58 266,194.93 240,598.10 2004 12 31 2004 2004 2004 2004-898,372.73 13,572,884.09-38,434.50-5,901,149.29 19,231,069.66 3,636,148.95 461,343.46 123,680.00 158,259.20-2,761,688.17 153,488.80 13,214,529.20 - - - 52,990.49 104,500.00 282,104.56 275,529.42 7,462,336.32 152,689.08 - - - [ ] - 4,553,245.52 535,761.27 871,705.95 3,868,809.25 260,228.91 843,607.40 122,654.08 67,888.75 714,879.99 15,346,617.09 1,058,853.01 - - 16,986,594.01 138,256.80 1,289,021.94 29,110.89-38,367.00 2,755,107.15 6,581.02 13,257,789.13 234,305.15 23,251.74 - - 52,990.49 177,604.56-7,179,648.63 7,158.27 6,225.78-426,826.83-4,557,244.05-863,191.17-332,818.71-38,434.50 3,794,930.44 4,492,938.32 3,787.80-431,053.88 23,251.74 - - - 158,914.86 426,826.83 3,998.53 527,246.49 3,941,399.05 [ ] 45% 2004 1 1 30

2004 6% 51% 2004 1 1 2 [2003]56 ( ) 50 2004 12 31 31

2004 1 2004 3 1 2003 2003 2004 3 2 2 2004 4 26 2004 3 2004 8 14 2004 2004 8 17 4 2004 10 26 2004 2004 1 2 3 4 5 32

2004 1 2 3 1 ( ) % ( 75,736,648.59 ) 9.31 ( 26,268,897.62 ) 1.07 17,344,411.95 0.71 17,087,609.06 0.70 ( ) 2001 2002 6 7 2001 2002 6 7 2003 2 28 2004 2003 6,439,700.00 6,439,700.00 9,804,000.00 9,950,000.00 3,000,000.00 3,000,000.00 2,824,700.00 2,640,000.00 33

2004 10% 2 3 4 ( ) 3,867.53 10.32 8,558.24 694.93 220.24 108.74 15.27 1,792.70 247.05 89.84 146.82 19.82 1,361.13 1,923.11 590.11 239.12 427.46 46.13 363.61 0.99 0.42 15.83 12.37 187.15 78.75 276.17 24.11 27.07 1,321.45 15.35 98.12 153.72 5.30 1,571.08 529.88 28.21 10.45 542.24 374.92 746.23 27.55 215.93 21.66 16.09 12.32 455.32 11.68 26.02 386.88 87.17 53.58 8,888.31 2,846.62 13,612.83 2,708.42 5 2004 12 31 7,500,000.00 4 1 2 3 4 34

2004 5 5% 6 2004 2003 82 81 82 81 45 2004 12 31 2004 2003 110 110 110 110 7 35

2004 ( ) 2005 0318 2004 12 31 2004 2004 12 31 36

2004 ( ) 2004 12 31 2003 12 31 2004 12 31 2003 12 31.1 845,764,073.60 542,414,496.13 457,937,279.85 214,235,324.88.2 200,000.00 200,000.00.3 47,996,444.20 12,859,264.00 47,996,444.20 12,859,264.00 2,040,000.00.4 240,429,896.47 182,270,353.89 168,212,072.50 148,131,415.60.5 18,434,613.01 17,531,717.70 4,843,233.83 9,502,998.82.6 39,045,041.82 13,349,917.10 30,012,406.21 4,261,560.97.7 156,320.31 10,342,530.38 8,063,023.11.8 1,233,992,483.29 1,039,094,177.19 725,894,783.10 731,887,773.87.9 7,323,737.49 10,430,000.07 4,830,174.80 4,797,242.01 2,433,142,610.19 1,828,492,456.46 1,441,766,394.49 1,133,938,603.26.10 35,108,617.14 74,196,332.44 552,009,012.37 474,722,650.54 35,108,617.14 74,196,332.44 552,009,012.37 474,722,650.54.11 1,077,355,922.33 944,528,532.23 659,085,255.99 624,754,335.23 345,573,502.63 288,046,942.83 223,659,293.27 191,112,573.48 731,782,419.70 656,481,589.40 435,425,962.72 433,641,761.75 : 578,935.54 623,356.05 372,877.38 392,758.64 731,203,484.16 655,858,233.35 435,053,085.34 433,249,003.11.12 346,872,205.29 175,753,394.14 192,921,517.07 84,580,589.54 1,078,075,689.45 831,611,627.49 627,974,602.41 517,829,592.65.13 7,058,083.50 3,839,381.44 475,620.76 188,100.00.14 72,778.38 8,172,124.76 58,368.18 108,953.91 7,130,861.88 12,011,506.20 533,988.94 297,053.91 3,553,457,778.66 2,746,311,922.59 2,622,283,998.21 2,126,787,900.36 37

2004 ( ) 2004 12 31 2003 12 31 2004 12 31 2003 12 31.15 283,000,000.00 299,000,000.00 208,000,000.00 284,000,000.00 1,000,000.00.16 391,015,136.81 258,360,122.69 165,005,255.14 153,092,113.96.17 102,887,393.63 67,596,514.57 30,796,572.78 25,815,817.49.18 44,854,541.65 44,707,243.98 762.29 632.85 31,549,981.29 24,069,393.04 15,346,000.04 10,919,010.45 1,960,000.00.19 19,098,549.40-13,267,997.60 12,039,637.37-18,860,153.75.20 407,386.21 200,966.56 264,030.26 136,661.06.21 54,393,938.49 37,821,419.90 33,241,033.92 19,107,652.98.22 818,163.50 337,580.87 650,000.00 200,000.00 929,985,090.98 719,825,244.01 465,343,291.80 474,411,735.04.23 8,007,157.80 14,185,937.50 9,442,187.50 12,785,937.50.24 18,921,856.66 12,887,846.55 7,411,491.85 4,046,761.00 26,929,014.46 27,073,784.05 16,853,679.35 16,832,698.50 956,914,105.44 746,899,028.06 482,196,971.15 491,244,433.54 455,323,235.42 363,750,824.60.25 361,684,915.00 331,799,933.00 361,684,915.00 331,799,933.00.26 880,600,929.19 593,152,061.29 880,600,929.19 593,152,061.29.27 318,618,233.29 248,634,464.77 215,400,353.03 172,387,899.50 90,962,308.36 70,946,751.88 72,092,294.11 57,462,633.15.28 579,378,827.47 462,122,478.63 682,400,829.84 538,203,573.03 90,421,228.75 99,539,979.90 90,421,228.75 99,539,979.90 937,532.85-46,867.76 2,141,220,437.80 1,635,662,069.93 2,140,087,027.06 1,635,543,466.82 3,553,457,778.66 2,746,311,922.59 2,622,283,998.21 2,126,787,900.36 38

2004 2004 2003 2004 2003.29 2,445,252,140.30 2,169,085,412.35 1,290,001,187.17 1,176,403,806.02 1,302,674,286.27 1,141,432,382.76 748,595,239.31 663,437,696.13.30 28,696,143.46 26,934,422.95 18,261,943.10 16,857,186.48 1,113,881,710.57 1,000,718,606.64 523,144,004.76 496,108,923.41.31 11,488,731.63 4,564,147.41 2,017,343.15-652,396.80 : 445,475,903.95 374,913,931.61 209,853,126.58 204,263,432.36 230,279,096.30 265,775,654.90 97,654,212.05 120,711,616.08.32 13,633,117.90-4,903,324.90 11,805,529.47-761,837.05 435,982,324.05 369,496,492.44 205,848,479.81 171,243,315.22.33 1,294,102.53 325,633.00 114,927,028.61 96,838,570.48.34 1,022,392.78 356,848.81 188,506.59 95,560.88.35 2,668,405.64 3,153,050.12 2,210,170.38 2,363,218.92 435,630,413.72 367,025,924.13 318,753,844.63 265,814,227.66 53,896,425.00 45,757,360.97 32,004,154.39 26,372,061.26 94,953,891.46 81,739,446.81 286,780,097.26 239,529,116.35 286,749,690.24 239,442,166.40 462,122,478.63 380,243,203.80 538,203,573.03 434,217,711.49 748,902,575.89 619,772,320.15 824,953,263.27 673,659,877.89 40,007,576.71 33,687,829.82 28,674,969.02 23,944,216.64 20,015,556.48 16,843,914.91 14,337,484.51 11,972,108.32 9,960,635.33 7,578,116.89 678,918,807.37 561,662,458.53 781,940,809.74 637,743,552.93 99,539,979.90 99,539,979.90 99,539,979.90 99,539,979.90 579,378,827.47 462,122,478.63 682,400,829.84 538,203,573.03 1 2 3 4 5 6 39

2004 2004 2,625,669,248.52 1,299,287,929.19 24,438,101.39 19,761,049.00.36 28,748,609.19 16,569,549.98 2,678,855,959.10 1,335,618,528.17 1,229,563,740.27 589,923,226.46 349,445,338.90 189,446,149.15 275,216,424.59 143,035,730.54.37 408,808,275.98 166,672,238.76 2,263,033,779.74 1,089,077,344.91 415,822,179.36 246,541,183.26 200,000.00 200,000.00 1,381,046.81 47,688,932.97 4,111,454.74 774,871.09 54,533,909.82 60,226,411.37 48,663,804.06 341,236,387.13 177,305,312.13 203,254.59 10,843,254.59 341,439,641.72 188,148,566.72-281,213,230.35-139,484,762.66 329,047,438.30 317,697,438.30 343,000,000.00 268,000,000.00.38 8,771,400.00 8,771,400.00 680,818,838.30 594,468,838.30 361,500,000.00 346,500,000.00 154,039,385.83 113,603,072.40 1,150,000.00 1,150,000.00 516,689,385.83 461,253,072.40 164,129,452.47 133,215,765.90 1,131,175.99-50,231.53 299,869,577.47 240,221,954.97 40

2004 -- 2004 1 286,780,097.26 286,749,690.24 94,953,891.46 18,397,648.27 12,501,993.42 69,059,886.61 40,475,247.26 823,327.07 102,904.24 5,499,810.79 50,585.73 3,178,368.44-32,932.79 480,582.63 450,000.00-640,719.07 39,427.62 934,750.15 548,644.02 15,816,927.91 13,475,824.03-1,294,102.53-114,927,028.61-191,717,403.46 5,992,990.77-98,455,288.05-55,526,923.68 215,484,401.88 60,120,761.01-3,480,000.00-3,480,000.00 415,822,179.36 246,541,183.26 2 624,907.29 3 842,284,073.60 454,457,279.85 542,414,496.13 214,235,324.88 299,869,577.47 240,221,954.97 41

2004 ( ) ( ) (1997)11 ( ) 1997 5 29 5000 1997 6 18 200,000,000.00 200,000,000 1997 6 25 1998 1998 200,000,000 10 2 40,000,000 240,000,000 1999 1999 240,000,000 10 3 19,800,000 ( ) 1,800,000 18,000,000 259,800,000 2000 2000 240,000,000 10 3 259,800,000 10 2.77136 71,999,933 331,799,933 2002 2003, [2004]141 2002 331,799,933 10 3 ( ) 29,884,982 361,684,915 361,684,915.00 21 400 1 2 1 1 12 31 3 4 5 42

2004 6 7 8 (1) ( ) 5% 10% 20% 50% (2) ( ) 5% 20% 100% (3) 9 ( ) 43

2004 10 (1) 20% 20% 20% 20% 20% 20% 10 ( ) (2) (3) 11 1 ( 3-5%) 30-35 2.71-3.23% 5-8 11.88-19.40% 6 15.83-16.17% 44

2004 45 12 3 13 14 (1) (2) (3) (4) 15 ( ) 16 (1) (2) (3)

2004 17 18 50% ( 50%) 50% 1 10% 13% 17% 10% 5% 1% 5% 7% 15% 24% 33% (1) 13% 17% ( ) 10% (2) 1% 5% 7% 2 (1) 15% (2) 15% [2000]23, 2000 2002 2003 2005 (3) 24% 2004 2005 2006 2008 (4) 15% (5) ( ) 1 15% 1 27% 46

2004 2004 12 31 % % 100 95-95 95 200 130-65 65 300 1,489.88-60 60 (180 ) 18,28010,035.40-54.70 54.70 5000 2550-51 51 400 1,688.49-51 51 (204 ) ( ), 195,000 634.12-51 51 (76.5 ) 800 408-51 51 600 306-51 51 600 306-51 51 500 255-51 51 500 255-51 51 500 255-51 51 500 255-51 51 400 204-51 51 300 155.33-51 51 300 153-51 51 300 153-51 51 260 132.6-51 51 260 132.6-51 51 47

2004 200 102-51 51 200 102-51 51 100 51-51 51 100 51-51 51 100 51-51 51 50 25.5-51 51 600 306-51 51 - - 1,064 1,061.2 50 77.35 (1000 ) (1000 ) (1) 2004 [ 1] 11,729,386.40 26,297,490.55 1,044,042.38 [ 1] 6,320,346.08 5,339,732.29 767.23 [ 1] 3,403,043.72 3,399,371.04 85,915.50 [ 2] 1,000,000.00 - - [ 3] 9,779,798.14 12,594,291.12 158,797.38 [ 1] 10% (1996)2 2004 [ 2] 2004 [ 3] 2001, 2004 (2) ( ) 48

2004 [ 1] [ 2] [ 1] 45% 2004 1 1 ( ) ( ) 6% 51% 2004 1 1 [ 2] 2004 10 7350 49% 7650 51% 2004 12 31 1000 50% 1 2004.12.31 2003.12.31 1,690,002.39 1,283,259.60 840,586,089.60 540,356,263.99 3,487,981.61 774,972.54 845,764,073.60 542,414,496.13 2004.12.31 2003.12.31 3,216,081.69 8.2765 26,617,900.11 1,852,058.76 8.2767 15,328,934.76 36,611.71 6.8739 251,665.23 34,679.11 6.3975 221,857.88 564,407.13 2.1486 1,212,685.16 766,220.52 2.1781 1,668,888.77 111,331,069.08 1.0637 118,422,858.18 135,871,263.46 1.0657 144,798,005.47 1,211,247.38 1.0338 1,252,187.54 - - - 155,956,483.00 0.0075 1,169,673.62 - - - 40,000,000.00 0.079701 3,188,040.00 - - - 2,674,591,848.00 0.00089 2,380,386.74 - - - 154,495.396.58 162,017,686.88 49

2004 2004 12 31 3,480,000.00 ( ) 2004 12 31 845,764,073.60 457,937,279.85 3,480,000.00 3,480,000.00 2004 12 31 842,284,073.60 454,457,279.85 2003 12 31 542,414,496.13 214,235,324.88 299,869,577.47 240,221,954.97 303,349,577.47 55.93% 2 2004.12.31 2003.12.31-200,000.00 (-) (-) - 200,000.00 3 2004.12.31 2003.12.31 47,996,444.20 12,859,264.00 (1) 2004 12 31 (2) 35,137,180.20 273.24% 4 (1) A 2004.12.31 2003.12.31 % % 169,884,395.64 56.47 10,780,679.06 109,232,525.54 47.78 6,268,297.60 27,492,303.06 9.14 6,009,234.69 38,633,085.56 16.90 4,872,725.15 28,050,070.18 9.32 5,610,014.04 20,761,440.04 9.08 4,653,463.69 75,432,580.37 25.07 38,029,524.99 59,973,354.26 26.24 30,535,565.07 300,859,349.25 100.00 60,429,452.78 228,600,405.40 100.00 46,330,051.51 50

2004 B 2004.01.01 2004.12.31 46,330,051.51 18,272,262.35 4,172,861.08-60,429,452.78 35,804.74 C 2004 12 31 5% ( ) 103,203.61 D 2004 12 31 72,950,989.44 24.25% 72,258,943.85 31.61% (2) A 2004.12.31 2003.12.31 % % 92,256,135.79 42.30 4,612,806.79 72,573,933.67 38.43 3,628,696.68 23,188,049.22 10.63 2,318,804.92 37,511,511.57 19.86 3,751,151.16 27,870,554.78 12.78 5,574,110.96 20,134,970.44 10.66 4,026,994.09 74,806,110.77 34.29 37,403,055.39 58,635,683.71 31.05 29,317,841.86 218,120,850.56 100.00 49,908,778.06 188,856,099.39 100.00 40,724,683.79 B 2004.01.01 2004.12.31 40,724,683.79 12,259,179.48 3,075,085.21-49,908,778.06 C 2004 12 31 5% ( ) 76,469.67 51

2004 5 (1) A 2004.12.31 2003.12.31 % % 12,390,900.09 58.95 604,329.63 16,989,759.72 89.45 895,346.39 3,875,152.23 18.43 631,581.67 515,384.50 2.71 217,888.28 3,423,237.18 16.28 684,647.44 1,397,307.54 7.36 303,377.99 1,331,764.50 6.34 665,882.25 91,757.21 0.48 45,878.61 21,021,054.00 100.00 2,586,440.99 18,994,208.97 100.00 1,462,491.27 B 2004.01.01 2004.12.31 1,462,491.27 1,123,949.72 - - 2,586,440.99 918,338.55 C 2004 12 31 5% D 2004 12 31 4,000,000.00 [ ] 2,255,639.10 1,480,377.40 750,000.00 530,616.91 42.89% [ ] 4,000,000.00 1,000,000.00 3,000,000.00 52

2004 (2) A 2004.12.31 2003.12.31 % % 2,315,378.44 39.41 115,768.92 8,533,538.36 83.08 426,676.93 1,915,598.84 32.61 191,559.88 332,628.88 3.24 33,262.89 326,128.88 5.55 65,225.78 1,313,616.00 12.79 262,723.20 1,317,364.50 22.43 658,682.25 91,757.21 0.89 45,878.61 5,874,470.66 100.00 1,031,236.83 10,271,540.45 100.00 768,541.63 B 2004.01.01 2004.12.31 768,541.63 262,695.20 - - 1,031,236.83 C 2004 12 31 5% 6 (1) 2004.12.31 2003.12.31 % % 38,427,443.57 98.42 13,349,917.10 100.00 617,598.25 1.58 - - 39,045,041.82 100.00 13,349,917.10 100.00 (2) 2004 12 31 5% 25,695,124.72 192.47% 7 2004.12.31 2003.12.31 156,320.31 10,342,530.38 10,186,210.07 98.49% 53

2004 8 (1) 2004.12.31 2003.12.31 630,997,050.02 545,787,860.66 101,550,892.34 47,667,357.55 487,318,730.43 425,426,525.19 11,878,584.72 7,499,033.63-6,351,087.51 396,605.86-1,850,619.92 6,362,312.65 1,233,992,483.29 1,039,094,177.19 (-) (-) 1,233,992,483.29 1,039,094,177.19 (2) 2004 12 31 9 2004.01.01 2004.12.31 8,369,568.67 22,062,181.84 24,057,029.25 6,374,721.26 1,290,525.32 2,498,338.69 3,356,640.26 432,223.75 448,372.06 657,495.81 818,417.95 287,449.92-173,008.00 58,960.00 114,048.00 27,432.24 18,604.00 31,027.08 15,009.16-25,000.00 20,000.00 5,000.00 192,148.80 172,270.80 304,900.80 59,518.80 101,952.98 74,852.44 141,038.82 35,766.60 10,430,000.07 25,681,751.58 28,788,014.16 7,323,737.49 10 (1) 2004.01.01 2004.12.31 73,428,339.56 1,979,335.00 40,939,051.49 34,468,623.07 54

2004 36,224,168.55 1,086,669.56 27,365,027.66 9,945,810.45 11,363,314.14-11,363,314.14-15,840,856.87 892,665.44 2,210,709.69 14,522,812.62 10,000,000.00 - - 10,000,000.00 767,992.88-127,998.81 639,994.07 74,196,332.44 1,979,335.00 41,067,050.30 35,108,617.14 (-) (-) (-) (-) 74,196,332.44 1,979,335.00 41,067,050.30 35,108,617.14 A a 2004 12 31 % 3 51 4,080,000.00 10 51 3,060,000.00 10 51 1,326,000.00 15 51 510,000.00 ( ) 10 49 4,063,740.00 10 30 1,500,000.00 [ ] 15 51 3,060,000.00 [ ] 10 50 1,000,000.00-1 10,000,000.00 ( ) 10 40 6,367,200.00 34,966,940.00 [ ] b [ 1] -16,884,876.00 - - - ( ) [ 1] -6,341,238.00 - - - - 532,461.36 1,020,000.00 872,952.75 55

2004-391.29-23,827.10 [ 1] -2,550,000.00 - - - [ 1] -1,350,000.00-452,429.22 - - - 43,816.91-73,030.60 [ 1] -510,000.00-58,913.66 - - 510,000.00 - - - ( ) - -64,099.17 - -955,812.83-892,665.44-1,406,075.16 - - - -459,886.31 - - - -43,417.47 - - - - [ 2] -5,100,000.00 - - - ( ) [ 2] -2,114,553.16 - - - ( ) [ 2] -4,148,760.98 - - - ( ) - -344,181.30 - -1,415,085.93-38,489,428.14 549,711.65 1,020,000.00-498,316.93 [ 1] (2) [ 2] 1,061,054.53-511,342.88 c 2004.01.01 2004.12.31 16,884,876.00-16,884,876.00 - ( ) 6,341,238.00-6,341,238.00-5,440,491.39-487,538.64 4,952,952.75 3,083,435.81 391.29 3,083,827.10 2,550,000.00-2,550,000.00-1,802,429.22-1,802,429.22-1,355,213.69 43,816.91 1,399,030.60 568,913.66-568,913.66-56

2004 510,000.00 510,000.00 ( ) 3,172,026.34-64,099.17 3,107,927.17 2,013,409.72 892,665.44 2,906,075.16 2,600,113.69-2,600,113.69 956,582.53-956,582.53 10,000,000.00-10,000,000.00 5,100,000.00-5,100,000.00 - ( ) 2,114,553.16-2,114,553.16 - ( ) 4,148,760.98-4,148,760.98 - ( ) 5,296,295.37-344,181.30 4,952,114.07 B a 73,428,339.56-38,959,716.49 34,468,623.07 1,279,988.13 10 b 2004.01.01 767,992.88-127,998.81 639,994.07 5 C 2004 12 31 39,087,715.30 52.68% (2) (2) 2004.01.01 2004.12.31 473,954,657.66 133,214,089.29 55,799,728.65 551,369,018.30 453,410,096.16 132,321,423.85 53,933,200.26 531,798,319.75 10,544,561.50 892,665.44 1,866,528.39 9,570,698.55 10,000,000.00 - - 10,000,000.00 767,992.88-127,998.81 639,994.07 57

2004 474,722,650.54 133,214,089.29 55,927,727.46 552,009,012.37 (-) (-) (-) (-) 474,722,650.54 133,214,089.29 55,927,727.46 552,009,012.37 A a 2004 12 31 % 20 95 778,772.30 10 65 1,300,000.00 20 60 14,898,780.00 (180 ) 54.70 100,353,999.88 20 51 25,500,000.00 20 51 16,884,876.00 (204 ) ( ) 10 51 6,341,238.00 (76.50 ) 3 51 4,080,000.00 4 51 3,060,000.00 10 51 3,060,000.00 10 51 2,550,000.00 10 51 2,550,000.00 15 51 2,550,000.00 15 51 2,550,000.00 10 51 2,040,000.00 10 51 1,553,254.59 10 51 1,530,000.00 10 51 1,530,000.00 10 51 1,326,000.00 10 51 1,326,000.00 10 51 1,020,000.00 58

2004 10 51 1,020,000.00 10 51 510,000.00 20 51 510,000.00 15 51 510,000.00 10 51 255,000.00 30 50 10,640,000.00 (1000 ) ( ) 10 49 4,063,740.00 10 30 1,500,000.00 15 51 3,060,000.00 10 50 1,000,000.00-1 10,000,000.00 b 229,851,660.77-14,704.24-392,732.73 - -175,845.49 - -830,292.95-2,504,464.66 2,010,000.00 2,650,352.64-112,454,587.59 43,000,000.00 327,508,699.59-383,302.13-188,182.14-391,045.67-391,045.67 ( ) - -2,270,105.10 - -2,270,105.10-532,461.36 1,020,000.00 872,952.75-15,911.33 - -777,409.54-391.29-23,827.10-102,830.04 - -1,195,308.52-1,533.55 - -1,513,699.20 - -192,297.13 - -1,095,882.13 - -1,491,429.06 - -1,491,429.06-17,770.00-660,940.07 59

2004 203,254.59-365,126.41 277,886.16-190,583.35-38,756.65-47,842.27-451,913.49-3,172.78-61,739.62 - -580,339.18-43,816.91-73,030.60-1,800,088.30 2,805,000.00 540,704.01-167,817.26 - -262,685.66 - -70,510.91 - -388,750.13-1,191.22-60,104.88 510,000.00 - - - - 181,414.73 255,000.00 75,176.71 10,640,000.00 - - - ( ) - -64,099.17 - -955,812.83-892,665.44-1,406,075.16 - - - -459,886.31 - - - -43,417.47 - - - - 11,353,254.59 115,428,992.21 49,367,886.16 321,517,357.53 114,693,980.61 735,011.60 c 2004.01.01 2004.12.31 1,156,800.79 14,704.24 1,171,505.03 645,552.54-175,845.49 469,707.05 17,054,667.98 494,464.66 17,549,132.64 358,408,111.88 69,454,587.59 427,862,699.47 25,304,880.01 383,302.13 25,688,182.14 16,884,876.00 391,045.67 17,275,921.67 ( ) 6,341,238.00-2,270,105.10 4,071,132.90 5,440,491.39-487,538.64 4,952,952.75 2,266,679.13 15,911.33 2,282,590.46 60

2004 3,083,435.81 391.29 3,083,827.10 1,251,861.44 102,830.04 1,354,691.48 1,034,767.25 1,533.55 1,036,300.80 1,646,415.00-192,297.13 1,454,117.87 2,550,000.00-1,491,429.06 1,058,570.94 1,361,289.93 17,770.00 1,379,059.93 1,802,429.22-439,757.98 1,362,671.24 1,539,085.62 38,756.65 1,577,842.27 1,081,259.29 451,913.49 1,533,172.78 683,921.20 61,739.62 745,660.82 1,355,213.69 43,816.91 1,399,030.60 2,565,615.71-1,004,911.70 1,560,704.01 589,497.08 167,817.26 757,314.34 191,760.78-70,510.91 121,249.87 568,913.66 1,191.22 570,104.88-510,000.00 510,000.00 403,761.98-73,585.27 330,176.71-10,640,000.00 10,640,000.00 ( ) 3,172,026.34-64,099.17 3,107,927.17 2,013,409.72 892,665.44 2,906,075.16 2,600,113.69-2,600,113.69 956,582.53-956,582.53 10,000,000.00-10,000,000.00 473,954,657.66 77,414,360.64 551,369,018.30 B 10 (1) B 2004 12 31 61

2004 11 (1) 2004.01.01 2004.12.31 490,174,291.48 88,397,426.77 4,823,098.31 573,748,619.94 417,275,386.62 58,096,651.33 7,675,520.31 467,696,517.64 37,078,854.13 4,035,452.92 5,203,522.30 35,910,784.75 944,528,532.23 150,529,531.02 17,702,140.92 1,077,355,922.33 86,248,111.65 5,014,287.79 (2) 2004.01.01 2004.12.31 90,169,418.91 18,929,451.46 1,584,391.68 107,514,478.69 180,718,495.55 45,861,986.77 10,233,633.60 216,346,848.72 17,159,028.37 5,543,399.02 990,252.17 21,712,175.22 288,046,942.83 70,334,837.25 12,808,277.45 345,573,502.63 1,166,139.91 (3) 2004.01.01 2004.12.31 623,356.05-44,420.51-578,935.54 12 (1) 2004 12 31 193,400,000.00 2005 283,000,000.00 2006 11,100,000.00 2005 480,000.00 28,500,000.00 2005 6,700,000.00 1,300,000.00 8,220,000.00 2005 62

2004 650,000.00 2,972,100.00 1,900,000.00 800,000.00 700,000.00 820,000.00 2005 650,000.00 2005 1,100,000.00 2005 26,980,000.00 2005 50,000,000.00 2005 800,000.00 2005 1,500,000.00 2005 (2) 2004.01.01 2004.12.31 80,651,884.60 92,751,085.97 63,259,103.20-110,143,867.37 63,421,640.76 98,930,102.48 - - 162,351,743.24 2,236,435.50 2,871,883.70 3,711,455.20-1,396,864.00 400,000.00-400,000.00 - - 14,054,445.96 8,710,719.12 3,128,656.38-19,636,508.70-6,692,024.60 6,692,024.60 - - 1,018,485.00 33,200.00 1,051,685.00 - - - 8,220,000.00 - - 8,220,000.00 155,393.00 492,718.00 648,111.00 - - 1,200,000.00 1,712,990.65 2,912,990.65 - - 1,170,969.32 560,498.36 1,731,467.68 - - 309,220.00 453,340.49 762,560.49 - - - 692,787.45 692,787.45 - - 330,000.00 442,600.00 330,000.00-442,600.00 76,000.00 627,201.13 358,400.00-344,801.13 208,000.00 889,870.00 568,870.00-529,000.00 63

2004 10,090,920.00 7,373,908.62 - - 17,464,828.62-24,699,038.37 - - 24,699,038.37 430,000.00 236,195.00 - - 666,195.00-976,758.86 - - 976,758.86 175,753,394.14 257,366,922.80 86,248,111.65-346,872,205.29 (-) (-) (-) (-) (-) 175,753,394.14 257,366,922.80 86,248,111.65-346,872,205.29 (3) 2004 12 31 (4) 171,118,811.15 97.36% 13 (1) 2004 12 31 ( ) ( ) 1,664,069.21 36-60 2-50 4,469,580.00 120 76 2,810.00 60 41 SOP 50,000.00 60 40 3,251,939.39 552 552 (2) 2004.01.01 508,879.44 3,277,692.00 2,810.00 - - - 508,879.44 3,277,692.00 2,810.00 790,089.74 - - 358,812.70 446,958.00 889.77 - - - 723,912.73 1,638,846.00 889.77 2004.12.31 940,156.48 2,830,734.00 1,920.23 (-) (-) (-) 940,156.48 2,830,734.00 1,920.23 64

2004 SOP 2004.01.01 50,000.00-3,839,381.44 - - - 50,000.00-3,839,381.44-3,251,939.39 4,042,029.13 16,666.60-823,327.07 - - - 16,666.60-2,380,315.10 2004.12.31 33,333.40 3,251,939.39 7,058,083.50 (-) (-) (-) 33,333.40 3,251,939.39 7,058,083.50 (3) 2004 12 31 14 2004.01.01 2004.12.31 14,267,023.12 8,033,454.57 607,301.90 2,873,666.66 5,767,089.81-235,622.63 109,849.79-51,481.61-58,368.18 57,640.80 28,820.40-14,410.20-14,410.20 2,560,252.32-2,560,252.32 2,560,252.32 - - 8,172,124.76 3,167,554.22 5,499,810.79 5,767,089.81 72,778.38 15 2004.12.31 2003.12.31 283,000,000.00 299,000,000.00 16 2004.12.31 2003.12.31 391,015,136.81 258,360,122.69 132,655,014.12 51.35% (1) 2004 12 31 5% : 65

2004 ( ) 5,088,392.50 (2) 2004 12 31 17 2004.12.31 2003.12.31 102,887,393.63 67,596,514.57 (1) 2004 12 31 5% (2) 2004 12 31 1 35,290,879.06 52.21% 18 2004.12.31 2003.12.31 44,854,541.65 44,707,243.98 2004 12 31 44,510,611.13 19 2004.12.31 2003.12.31-1,503,384.62-19,444,925.25 891,942.99 429,026.06 911,445.94 318,126.28 35,229.87 148,388.91 2,488,094.70 1,301,527.35 16,275,220.52 3,979,859.05 19,098,549.40-13,267,997.60 32,366,547.00 243.94% 20 2004.12.31 2003.12.31 3% 4% 403,749.90 199,401.28 3,032.85 1,405.20 603.46 160.08 407,386.21 200,966.56 66

2004 4% 21 2004.12.31 2003.12.31 54,393,938.49 37,821,419.90 (1) 2004 12 31 5% : ( ) 511,477.84 (2) 2004 12 31 8,720,000.00 (2004)1374 2004 2004 12 872 (3) 2004 12 31 22 2004.12.31 2003.12.31 794,000.00 300,000.00 24,163.50 10,844.00-26,736.87 818,163.50 337,580.87 23 2004.12.31 2003.12.31 7,500,000.00 10,637,500.00 [ 1] 507,157.80 - [ 2] - 1,400,000.00-2,148,437.50 8,007,157.80 14,185,937.50 [ 1] ( ) 10,000,000.00 2004 12 31 2,500,000.00 765,000.00 2.55% [ 2] 67

2004 24 2004.12.31 2003.12.31 1,349,405.94 1,484,581.01 ( ) 11,405,332.50 6,529,584.82 1,666,426.49 1,809,246.54 1,000,000.00 1,000,000.00 714,675.00 714,675.00 176,690.00 176,690.00 400,000.00 400,000.00 50,000.00 50,000.00 150,000.00 150,000.00 442,671.18 443,069.18 536,655.55 130,000.00 1,000,000.00-30,000.00-18,921,856.66 12,887,846.55 6,034,010.11 46.82% 25 2004.01.01 A 2004.12.31 1 232,183,325 - - - - 232,183,325 : - - - - - - 232,183,325 - - - - 232,183,325 2 - - - - - - 3 - - - - - - 232,183,325 - - - - 232,183,325 B 1 99,616,608 29,884,982 - - 29,884,982 129,501,590 2 - - - - - - 68

2004 99,616,608 29,884,982 - - 29,884,982 129,501,590 331,799,933 29,884,982 - - 29,884,982 361,684,915 (1) 2004 10 14 316,547,438.30 29,884,982.00 286,662,456.30 (2004) 0030 (2) 2004 12 31 5%( 5%) ) 64.19% 26 2004.01.01 2004.12.31 494,272,789.22 286,662,456.30-780,935,245.52 86,172,260.38 735,011.60-86,907,271.98 12,707,011.69 51,400.00-12,758,411.69 593,152,061.29 287,448,867.90-880,600,929.19 (1) - 286,662,456.30 25 (1) (2) 27 2004.01.01 2004.12.31 141,893,503.77 40,007,576.71-181,901,080.48 70,946,751.88 20,015,556.48-90,962,308.36 35,794,209.12 9,960,635.33-45,754,844.45 248,634,464.77 69,983,768.52-318,618,233.29 28 2004.01.01 2004.12.31 462,122,478.63 286,780,097.26 169,523,748.42 579,378,827.47 (1) (2) : 2003 99,539,979.90 40,007,576.71 20,015,556.48 9,960,635.33 (3) 90,421,228.75 2 69

2004 29 (1) A 2004 2003 2,445,252,140.30 1,302,674,286.27 2,169,085,412.35 1,141,432,382.76 B 612,718,970.95 25.06% (2) 2004 2003 1,290,001,187.17 748,595,239.31 1,176,403,806.02 663,437,696.13 30 2004 2003 5% 1% 5% 7% 3% 4% 528,895.76 981,363.64 14,345,809.46 14,766,863.38 6,305,461.17 6,433,527.01 10% 7,465,954.47 4,746,716.93 50,022.60 5,951.99 28,696,143.46 26,934,422.95 45,924.43 4,098.17 31 2004 2003 - - - 223,459.84 223,459.84-260,000.00 42,900.00 217,100.00 651,562.50 184,250.00 467,312.50 2,495,583.30 2,172,078.47 323,504.83 2,585,789.53 4,458,047.89-1,872,258.36 1,241,345.36 1,205,072.32 36,273.04 440.44 440.44 - - - - 8,500.00 4,815.00 3,685.00 679,639.25 54,919.05 624,720.20 2,757,461.48 118,446.68 2,639,014.80 8,844,751.52 142,412.69 8,702,338.83 3,274,030.60 94,671.11 3,179,359.49 1,933,678.51 365,698.97 1,567,979.54 - - - 16,815.19-16,815.19 187,759.44 40,725.46 147,033.98 15,471,813.13 3,983,081.50 11,488,731.63 9,689,003.83 5,124,856.42 4,564,147.41 70

2004 6,924,584.22 151.72% 32 2004 2003 18,087,092.89 15,744,505.06 6,421,322.86 5,947,016.39-12,912,500.00 440,917.30-222,256.68 2,165,170.67 1,748,687.25 376,857.10 13,633,117.90-4,903,324.90 18,536,442.80 378.04% 33 (1) 2004 2003 52,713.81-1,369,387.53 439,070.19 1,061,054.53-160,929.81 308,333.00 600,000.00-127,998.81-127,998.81 - -14,561.62 1,294,102.53 325,633.00 (2) 2004 2003 52,713.81-115,002,313.61 96,952,007.67 114,693,980.61 96,352,007.67 308,333.00 600,000.00-127,998.81-127,998.81 - -14,561.62 114,927,028.61 96,838,570.48 71

2004 34 2004 2003 747,209.54 79,354.38 151,203.86 14,913.40 54,400.00 280.00 20,340.00 31,460.00-177,200.00 49,239.38 53,641.03 1,022,392.78 356,848.81 35 2004 2003 1,300.00 547,512.24-44,420.51-1,041,240.62 2,314,572.71 22,300.75-21,399.21 77,547.17 12,000.00 30,002.34 1,584,801.40 107,676.00 29,784.17 75,739.66 2,668,405.64 3,153,050.12 36 28,748,609.19 2004 6,421,322.86 9,086,000.00 37 408,808,275.98 2004 96,782,992.83 71,130,931.34 64,636,638.84 34,366,731.47 72

2004 27,579,222.17 22,028,431.04 16,565,722.28 8,499,963.29 7,136,920.10 6,439,700.00 5,947,393.93 3,956,664.79 3,480,000.00 2,824,700.00 2,543,623.60 38 54,533,909.82 39 8,771,400.00 2004 8,720,000.00 51,400.00 40 1,150,000.00 1 (1) A ( ) 73

2004 74 ( )

2004 75 ( ) ( ) ( ) ( ) B ( ) ( ),

2004 - ( ) ( ) ( ) ( ) B ( ),,, 2004.01.01 2004.12.31 ( ) 18,900 - - 18,900 100 - - 100 200 - - 200 76

2004 300 - - 300 18,280 - - 18,280 5000 - - 5000 400 - - 400 ( ) 195,000 - - 195,000 800 - - 800 600 - - 600 600 - - 600 500 - - 500 500 - - 500 500 - - 500 500 - - 500 400 - - 400 300 - - 300 300 - - 300 300 - - 300 260 - - 260 260 - - 260 200 - - 200 200 - - 200 100 - - 100 100 - - 100-100 - 100 50 - - 50-50 - 50 - - - - 1000 - - 1000 1000 - - 1000 800 - - 800 400 - - 400 77

2004 300 - - 300-400 - 400-400 - 400 300 - - 300 ( ) 50 - - 50 ( ) 100 - - 100 ( ) 100 - - 100 ( ) 100 - - 100 C ( ) 2004.12.31 2003.12.31 ( ) % ( ) % ( ) 23,218 64.19 23,218 69.98 95 95 95 95 130 65 130 65 180 60 180 60 10,000 54.70 10,000 54.70 2550 51 2550 51 204 51 204 51 ( ) 76.5 51 76.5 51 408 51 408 51 306 51 306 51 306 51 306 51 255 51 255 51 255 51 255 51 255 51 255 51 255 51 255 51 204 51 204 51 153 51 135 45 153 51 153 51 153 51 153 51 78

2004 132.6 51 132.6 51 132.6 51 132.6 51 102 51 102 51 102 51 102 51 51 51 51 51 51 51 51 51 51 51 - - 25.5 51 25.5 51 45 95 - - 1000 50 - - 510 51 510 51 510 51 510 51 408 51 408 51 204 51 204 51 153 51 153 51 204 51 - - 204 51 - - 180 60 180 60 ( ) 30 60 30 60 ( ) 51 51 51 51 ( ) 25.5 51 25.5 51 ( ) 50 50 50 50 (2) [ ] 79

2004 [ ] ( ) [ ] 2 (1) A a 2004 2003 ( ) 26,268,897.62 36,627,592.88 2,055,942.79 6,515,144.57-4,199,148.33 b 2004 2003 ( ) 75,736,648.59 96,903,928.84 15,864,610.84 13,607,328.47 1,948,993.13 3,266,663.48-6,517,680.54-1,935,316.82 c 80

2004 2004 2003 ( ) 1,617,960.11 2,018,819.53-857,484.00 d 2004 2003 ( ) 1,975,199.96 2,165,602.44 B 2004 12 31 ( ) 7,500,000.00 C ( ) ( ) 2004 2003 6,439,700.00 6,439,700.00 2,824,700.00 2,640,000.00 9,804,000.00 9,950,000.00 3,000,000.00 3,000,000.00 (2) A 2004 2003 1,125,865.24 1,626,010.10-13,860,021.09 17,344,411.95 51,050,483.81 404,331.64 9,463,070.56 2,371,545.95 9,914,162.78 17,087,609.06 13,331,840.67-1,906,815.48-101,983.37-697,211.44 249,650.07-6,385,581.57 - ( ) - 762,718.18 81

2004 4,121,971.75 2,226,001.23 745,047.82 1,134,394.65 303,671.69 668,706.62 B 2004 2003-4,170,786.56 1,254,904.91-88,810.00-5,576,829.98 2,116,102.65 15,362,765.03 8,444.07 419,053.28 1,599,545.16 1,137,701.05 206,053.33 1,062,664.48 838,621.39 1,091,539.16-106,885.20-6,425,860.92-141,916.59-129,939.38 13,428,009.05 956,067.56 4,798,562.81 163,606.36 142,391.47-1,845,544.42 - C 2004 2003-25,121,620.00 D 2004 2003-5,757,730.60 3 2004.12.31 % 2003.12.31 % ( ) 103,203.61 0.03 1,454,223.33 0.64 ( ) - - 240,598.10 1.27 82

2004 ( ) 1.30 4,876,762.55 1.89 ( ) 0.94 1,967,861.82 5.20 ( ) 1,349,405.94 7.13 1,484,581.01 11.52 - - 2,148,437.50 15.14 152,689.08 0.05 158,914.86 0.07 1,988,507.43 0.51 794,230.84 0.31 481,974.08 0.47 670,586.00 0.99 1,087,374.55 0.28 175,845.33 0.07 - - 67,888.75 0.03 198,215.15 0.19 127,669.65 0.19 13,572,884.09 4.51 15,346,617.09 6.71 0.18 38,434.50 0.20 5,901,149.29 1.96 3,794,930.44 1.66 297,000.00 0.08 5,520.00 0.00 3,977,579.99 3.87 1,184,233.81 1.75 1.21 4,492,938.32 1.97 4,217.48 0.00 2,131.20 0.00 123,680.00 0.32 3,787.80 0.03 787,547.31 0.20 469,575.99 0.18 40,773.65 0.01 175,498.02 0.07 229,932.28 0.22 200,000.00 0.30 153,488.80 0.05 431,053.88 0.19 - - 23,251.74 0.12 275,923.22 0.07 1,077,793.82 0.42 1.23 10,465.26 0.02 - - 17,700.78 0.01-2,161,543.46 0.84 - - 20,445.61 0.01 - - 426,826.83 0.19 5,298,784.93 1.36 91,980.10 0.04 83

2004 104,500.00 0.03 - - 0.96 36,499.75 0.01 123,172.00 0.03 - - 275,529.42 0.09 - - 216,553.36 0.06 - - - - 3,998.53 0.00 116,754.71 0.11 - - 535,761.27 0.18 527,246.49 0.23 3,868,809.25 1.29 3,941,399.05 1.72 2004 5 ( ) 3,398,602.56 2004 5 19 3,480,000.00 2004 6 29 2,526,395.86 2004 10 19 (2004) 5,432,832.03 2,526,395.86 2,906,436.17 2004 12 2 2005 3 4 2005 3 18 2004 12 31 2004 12 31 2004 12 31 2004 2,141,220,437.80 286,780,097.26 2,144,552,982.61 288,426,092.17-3,332,544.81-1,645,994.91 84

2004 1 2005 1 17 7,500,000.00 2 2004 2005 2004 361,684,915 10 2 2.5 ( ), 90,421,228.75 (%) 2004 2003 2004 2003 2004 2003 2004 2003 52.02 61.18 63.09 65.02 3.0797 3.0160 3.3074 3.0160 20.36 22.59 24.70 24.01 1.2054 1.1136 1.2946 1.1136 13.39 14.64 16.24 15.56 0.7929 0.7219 0.8515 0.7219 13.46 14.11 16.33 14.99 0.7970 0.6954 0.8559 0.6954 2004 52,713.81 617,684.14 2,459,107.36-302,754.00-1,485,955.41 2005 3 18 85

2004 ( ) ( ) ( ) 86