SINOPEC SHANGHAI PETROCHEMICAL COMPANY LIMITED

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3 5 9 11 14 22 39 41 45 A. B. C. D. 131-2 -

( ) Sinopec Shanghai Petrochemical Company Limited SPC ( ) ( ) (8621) 57943143 (8621) 57940050 spc@spc.com.cn 8621 52377880 8621 52375091 8621 57941941 ( ) 48 48 200540 http://www.spc.com.cn spc@spc.com.cn ( ) www.sse.com.cn 48 ( ) A 600688 H 338 SHI 48 3100001002263 310043132212291 2 1016 100027-3 -

2 11 425 Market Street San Francisco, California 94105-2482 U.S.A. : 8 1 8 100738 H 183 17 Investor Relations P.O.Box 11258 Church Street Station New York,NY 12086-1258 Toll Free Tel# for domestic callers: 1-888-BNY-ADRs International Callers can call: 610-312-5315 E-mail:shareowner-svcs@bankofny.com http://www.adrbny.com or:http://www.stockbny.com - 4 -

1. : : 4,693,059 3,971,265 4,078,483 6,654,977 130,298 4,808,178 72,539 - -187,658 4,908,020-149,851 83,058 (236,371) 21,860 5,314 18,921 (107,218) : 2002 2004 2003 (%) ( ) 39,402,533 29,567,140 33.26 22,322,896 22,322,896 ( ) 4,693,059 1,576,602 197.67 1,036,238 1,036,238 ( ) 3,971,265 1,385,556 186.62 908,965 908,965 ( ) 4,078,483 1,485,198 174.61 1,009,815 1,009,815 2002 2004 2003 (%) ( ) 28,757,089 27,580,828 4.26 26,562,285 26,562,285 ( ) 18,902,281 15,507,016 21.90 14,481,460 14,121,460 ( ) 4,908,020 2,692,641 82.28 2,322,574 2,322,574 2002 2004 2003 (%) ( ) 0.552 0.192 187.50 0.126 0.126 % 21.01 8.94 135.01 6.28 6.44 21.58 9.58 % 125.26 6.97 7.15 ( ) 0.682 0.374 82.35 0.323 0.323 ( ) 0.552 0.192 187.50 0.126 0.126 0.566 0.206 ( ) 174.76 0.140 0.140-5 -

0.566 0.206 174.76 0.140 0.140 ( ) % 23.08 9.24 150.43 6.56 23.71 9.91 % ( ) 139.25 7.20 7.29 2002 2004 2003 (%) ( ) 2.625 2.154 21.87 2.011 1.961 ( ) 2.623 2.149 22.06 1.996 1.946 2. 9 : : % 35.21 38.68 0.924 0.924 25.44 27.95 0.668 0.670 21.01 23.08 0.552 0.553 21.58 23.71 0.566 0.568 = / 100% = /(( + )/2) 100% = / = /(( + )/2) 3. : : 7,200,000 2,856,278 3,401,842 978,575 2,048,896 15,507,016 0 0 794,254 397,127 2,601,011 3,395,265 0 0 7,200,000 2,856,278 4,196,096 1,375,702 4,649,907 18,902,281 1 2 3,971,265,000 397,127,000 3 0.08 576,000,000 4. 2004 : : 46,487 25,830 (17,343) 54,974 39,811 22,814 (17,343) 45,282 6,676 3,016-9,692 - - - - - 6 -

- - - - - - - - 68,511 4,450 (16,291) 56,670 3,897 3,780 (3,897) 3,780 64,614 670 (12,394) 52,890 31,788 36,276 (6,314) 61,750 31,788 36,276 (6,314) 61,750 - - - - 24,600 34,345-58,945 - - - - 24,600 34,345-58,945 - - - - - - - - - - - - - - - - - - - - 171,386 100,901 (39,948) 232,339 2004 : : 37,446 3,862 (17,343) 23,965 33,091 3,862 (17,343) 19,610 4,355 - - 4,355 - - - - - - - - - - - - 63,800 - (16,250) 47,550 1,415 - (1,415) - 62,385 - (14,835) 47,550 - - - - - - - - - - - - 24,600 34,345-58,945 - - - - 24,600 34,345-58,945 - - - - - - - - - - - - - - - - - - - - 125,846 38,207 (33,593) 130,460-7 -

5. : : 6,654,977 3,700,486 2,954,491 79.84 3,971,265 1,385,556 2,596,292 186.62-149,851 179,820 39,402,533 29,567,140 9,835,393 33.26 4,808,178 1,742,637 3,077,991 175.91 633,729 147,436 488,160 329.83 (1) (2) (3) (4) (5) (6) 20,728.6 19,617.8 21,723.0 28,942.7 38,664.1 1,080.6 145.8 1,045.0 1,590.4 4,696.2 879.8 144.6 960.5 1,445.3 4,059.2 856.5 116.0 916.4 1,401.7 3,971.1 RMB0.119 RMB0.016 RMB0.127 RMB0.195 RMB 0.552 13,501.6 13,063.8 13,980.2 15,021.9 18,417.0 21,701.3 24,325.6 26,085.9 27,101.5 28,276.6 7,919.4 10,904.0 11,739.0 11,738.3 9,486.5 3,971,265,000 3,971,103,000 C - 8 -

394.025 370.429 33% 46.962 44.150 195% 39.711 37.333 183% 2.09 2.56 0.20 20.00 14.4 H A ERP 100% 8.5% - 9 -

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HSE 94.36% 94.24% 726.81 ( ) 910.94 5.80%( 857 27.64% 94%) 91.83 2.63% 283.86 14.11% 71.09 23.45% 95.60 0.81% 52.58 1.37% 88.26 1.99% 41.79 0.81% 52.72 3.86% 29.63 6.20% 19.43% 34.42% 45.42% 22.16% 55 WTI 38.20 28.83 33% 910.94 49.93 7.94 45.93 857.07 196.16 59.04% 2305.86 / 25.10% 38.51 727.29 ( ) 100.07% 49.23 14.40 100.29% - 11 -

800 / 330 / 40 / PTA 15 / 72 1.2 / 5 38 / BP 90 / 15 / 40 / PTA 51.83 ( ) 43.55 38.61% 12.64% 2.16 78.90 81.17% 3.55 15.85 43.99% 3.48 56 46 ERP ERP ERP ERP 2557-12 -

HSE HSE 800 / ERP EHR - 13 -

A. WTO 2004 2004 2004 36-14 -

12 31 2002 2003 2004 363.5 3,374.3 15.5 395.4 4,092.6 14.1 384.4 4,751.8 12.3 1,146.8 6,440.7 29.6 1,389.8 8,864.3 30.6 1,409.7 12,086.0 31.3 786.3 2,555.0 11.8 1,021.8 3,851.3 13.3 1,075.8 5,896.6 15.3 4,100.2 7,991.2 36.8 4,650.4 10,329.1 35.7 4,828.9 13,101.9 33.9-1,361.8 6.3-1,805.4 6.3-2,827.8 7.2 6,396.8 21,723.0 100.0 7,457.4 28,942.7 100.0 7,698.8 38,664.1 100.0 12 31 2002 2003 2004 21,722.9 100 28,942.7 100.0 38,664.1 100.00 (19,853.9) (91.4) (26,396.2) (91.2) (33,223.6) (85.9) 1,869.0 8.6 2,546.5 8.8 5,440.5 14.1 (421.2) (1.9) (444.7) (1.5) (408.1) (1.0) 1,447.8 6.7 2,101.8 7.3 5,025.2 13.1 136.6 0.6 121.1 0.4 277.0 0.7 (154.8) (0.7) (216.5) (0.7) (284.2) (0.7) ( )/ 16.1 0.1 (24.0) (0.1) (36.9) (0.1) (400.7) (1.9) (392.0) (1.4) (292.0) (0.8) 1,045.0 4.8 1,590.4 5.5 4,696.2 12.2 (84.5) (0.4) (145.1) (0.5) (637.1) (1.7) 960.5 4.4 1,445.3 5.0 4,059.2 10.5 (44.2) (0.2) (43.6) (0.2) (88.1) (0.2) 916.3 4.2 1,401.7 4.8 3,971.1 10.3 2004 12 31 2003 12 31 2004 386.641 2003 289.427 33.59% 2004 2003 2004-15 -

47.518 2003 40.926 16.11% 2003 19.43% 2.78% 18.36% 14.58% 17.96% 17.75% 12.29% 1.85% 120.860 2003 88.643 36.34% 34.42% 1.44% 2004 PVA 25.57% 24.94% 44.54% 30.03% PVA 9.92% 5.01% 1.50% 1.29% 31.26% 0.63% 58.966 2003 38.513 53.10% 2003 45.42% 5.29% 74.56% 76.42% 42.23% 26.16% 35.65% 6.71% 11.31% 15.25% 1.94% 131.019 2003 103.291 26.84% 2003 22.16% 3.84% 14.66% 20.70% 26.74% 13.39% 25.76% 6.18% 33.89% 1.80% 28.278 2003 18.053 56.64% 2004 332.236 2003 263.962 25.86% 85.93% 2004-16 -

2004 910.94 60.25 2003 861 5.80% 49.93 5.69 796.82 45.93 7.94 2004 196.156 2003 157.649 24.43% 59.04% 2,305.86 2003 25.10% 2,302 2,472 1,702 2004 60.916 2003 39.394 54.64% 2003 18.500 2004 17.941 2004 2003 7.325 7.920 2004 2003 10.907 7.872 11.724 9.205 2004 4.081 2003 4.447 8.22% 2004 50.252 2003 21.018 150.46% 2004 2.770 2003 1.211 128.74% 2004 2003 2.164 2.842 31.29% 0.484 2004 2.920 2003 3.920 25.51% - 17 -

2004 46.962 2003 15.904 195.29% 2004 6.371 2003 1.451 339.16% 0.756 15% 1993 1 1 H ( ) 1996 1997 15% 1998 2004 2005 15% 2004 40.592 2003 14.453 180.85% B. (%) 4,777,981 4,378,130 8.37 16.11 13.92 1.76 12,154,361 9,610,613 20.93 36.45 24.49 7.60 5,941,589 3,861,757 35.00 53.14 39.77 6.21 13,692,352 11,807,416 13.77 26.38 24.22 1.50 2,836,250 2,351,166 17.10 54.96 66.63-5.83 14,758,628 13,428,681 9.01 40.81 39.33 0.96 37,364,574 42.10 1,944,062 10.02 93,897-93.77 C. - 18 -

2004 45.897 2003 22.770 23.128 2004 64.903 2003 34.404 30.499 2004 2.235 1.206 3.769 4.788 5.150 3.460 2004 5.509 0.781 2004 2003 87.816 17.667 70.149 50.003 2003 55.747 5.744 2004 2003 32.068 11.922 20.146 72% 1.8% 5.8% 21% 2.24% 2004 9.9 % 2003 17.6% / + D. 2002 2003 2004 0.840 1.012 0.747 0.4% 0.3% 0.2% E. - 19 -

2004 12 31 1.019 2003 1.291 12 29 F. 1 1-3 4-5 5 3,742,727 3,742,727 3,272,192 1,257,578 1,886,758 62,297 65,559 7,014,919 5,000,305 1,886,758 62,297 65,559 G 2004 12 31 28,451 2004 12 31 11.724 2004 22.060 2003 12.849 9.211 2004 12 31 1# 3.929 40 / 2.460 15 1.500 1.2 1.980 1.800 1.817 2005 27 38 / - 20 -

2001 BP 20% BP 50% 30% 901,440,964 180,287,952 2004 12 31 12.005 2005 2004 2004 12 31 2003 12 31 4.143 D 2004 1.750 2003 2002 1.667 2.083 2004 12 31 2003 12 31 / 0.647 1.102-21 -

23 44 129 4,059,330 (88,065) 3,971,265 (397,127) (397,127) 2,048,896 (576,000) 4,649,907 ( ) 0.552 0.20 1,440,000,000 3-22 -

22 31 6 12 50 ( ) 100 800,000 100 25,000 80 25,000 81.46 25,500 60 40,000 75 3,460 50.38 4,750 60 50,000 75 250,000 100 455,000 100 295,776,, 38.26%, 650,878,000 20% 1,200,505,000 26 ( ) 26-23 -

9,992 28 2000 295 19,112 75% 31% 15,673 40% 29%,, 1 4,000,000,000 4,000,000,000 2 150,000,000 150,000,000 3 4 4,150,000,000 4,150,000,000 1 720,000,000 720,000,000 2 3 2,330,000,000 2,330,000,000-24 -

4 3,050,000,000 3,050,000,000 7,200,000,000 7,200,000,000 72 158,520 A 156,737 H 1,783 ( (%) ) ) 4,000,000,000 55.56 ( ) +22,551,000 1,915,886,857 26.61 +420,000 355,764,000 4.94 27,158,673 0.38-21,996,450 0.31 21,630,000 0.30-50 17,700,628 0.25 0 16,730,000 0.23-16,055,104 0.22-15,560,885 0.22 A B H 1,915,886,857 H 355,764,000 H 27,158,673 A 21,996,450 A 21,630,000 A - 25 -

50 17,700,628 A 16,055,104 A 15,560,885 A 14,178,727 A 10,368,000 H 10% 1 a. 40 55.56% 867 b. 1,049 c. 67.92% 55.56% 2 ( ) 1,915,568,857 H, 26.61% - 26 -

59 2002 6 18-2005 6 18 49 2004 6 18-2005 6 18 50 2004 6 18-2005 6 18 53 2004 6 18-2005 6 18 42 2004 6 18-2005 6 18 38 2004 6 18-2005 6 18 * 64 2002 6 18-2005 6 18 * 60 2002 6 18-2005 6 18 69 2002 6 18-2005 6 18 64 2002 6 18-2005 6 18 60 2002 6 18-2005 6 18 * 40 2003 6 18-2005 6 18 49 2004 6 18-2005 6 18 49 2002 6 18-2005 6 18 56 2002 6 18-2005 6 18 * 53 2002 6 18-2005 6 18 * 53 2002 6 18-2005 6 18 * 62 2003 6 18-2005 6 18 * 53 2002 6 18-2005 6 18 51 2002 6 18-2005 6 18 47 2002 6 18-2005 6 18 45 2003 10 24-2005 6 18 42 2004 7 2-2005 6 18 49 2004 7 2-2005 6 18 47 2002 6 18-2005 6 18 * 37 40 2000 2 2004 3 2003 3 2004 10 2002 2 2006 2 1997 6 2006 2-27 -

2003 12 2006 12 23 23 314.00 75.90 61.00 24.00 0 20 30 9 10 20 8 28,451 18,605 7,451 2,395 22 % 1. 2. 11 10 1 0 11 11 0 0 11 11 0 0 11 10 1 0 3. - 28 -

, 3,600 3,600-3,600 3,600-1,000 1,000 - - 1,500 1,500 - - - - 3,600 3,600 - - - - - - - - - 3,600 3,600 - - - - A 571 XV 352-29 -

336 10% XV 5% (1) (a) H 4,000,000,000 55.56% J.P. Morgan Chase & 165,842,802 2.30% 7.12% Co.* H HSBC Assets 151,664,000 Management (Hong 2.11% 6.51% H Kong) Limited* * (b) 336 XV (2) 336 XV 336-30 -

3.13 3.13 ( ) 1 SEC 20F 2 3 728-31 -

16 28 4 BOC 1 5. 6 7 50% 1450 8 9 10 11 49 62.34 86.58% 1 2 3 4 5 6-32 -

7 8 1 3,971,265,000 3,971,103,000 10 397,127,000 10% 397,127,000 3,177,011,000 ( 3,176,849,000 ) 10 2.00 ( ) 2004 12 31 72 14.40 2. 3 5. 4 5 1 1993 7 6, [ ] 30 2 64,401 162,057 1,526 1,526 82,372 88,726 142,630 179,656-33 -

3 % 11,472,712 29.12 3,291,771 8.35 7,944,599 31.09 6,885,060 26.94 1,612,230 6.31 199,676 83.66 4 2004 9 14 2004 9 14 2004 9 14 2004 11 30 / 40 / - - 10,989,575 1 2 24,019,700 29,112,000 28,800,000 23,597,900 50,360,000 50,360,000 662,192.7 3 4 40,885,200 49,916,200 49,916,200 1 2004 9 14 40 / 2004 9 15 2 2004 9 14 450 TC1800S 2004 9 15 3 2004 9 14 662,192.7 2004 9 15 4 2004 11 30-34 -

2004 12 1 6 7,, 56.6 12 8.4 12 1 1 8 9 ( ) 55.56% 40 10 15 ( 15 ) 15 11-35 -

12. 2004.09.20 2,000 1 2004.08.25 10,000 1 2004.5.9 8,000 1 1998.12.21 740 7 2004.12.6 5,000 1 2002.6.18 2,450 5 2003.06.02 13,000 3 2004.05.19 5,000 1 2004.05.19 4,000 1 2002.11.28 11,000 3 2004.11.26 1,450 1 2004.06.30 13,242.4 1 2004.03.23 4,000 3 2004.09.29 2,480 1 2001.12.28 1,325 5 1999.3.1 4,387.1 1 6 2004.12.20 7,850 10,188.6 50,695.9 77,885.9 88,074.5 5% 50% 4,678.6 70% 80,261.0 50% 84,336.0 50% 70% 84,366-36 -

13. 60 17 14. 5 15. 16 1 [2003]56 2004 [ 2004 12 31 2004 2005 3 23 2004 2004 2004 2004 1 8-37 -

100738 2 2003 56-38 -

- 39-1 1 2 3 4 2 3 4 5 2003

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1974 1994 4 1995 6 1997 10 1999 5 2003 10 2000 1 2003 7 1993 11 1994 4 1968 1974 1967 1973 1994 4 1995 6 2003 10 2004 5 2004 6 1985 1997 1974 1999 5 1999 6 2004 6 2003 10 2004 6 1986 1999 1976 1998 2003 10 2004 6 1990 2002 1984 1999 5 2004 6 1984 1997 1990 2003 5 2004 6 1990 7 2001-41 -

1973 2003 10 2004 6 1986 7 1998 1 2001-42 -

1977 1997 4 1997 6 2003 10 2002 11 IPMT - 43 -

1977 1984 1999 2001 12 2004 5 1984 2001 1982 1996 5 1997 10 1999 3 2001 4 2002 7 2003 10 1982 1998 1987 2002 2 2004 7 1984 1987 1974 2004 7 1974 1986 1991 2001-44 -

43 78-45 -

A. 2 39,402,533 29,567,140 (738,474) (624,457) 38,664,059 28,942,683 (33,223,604) (26,396,224) 5,440,455 2,546,459 (408,144) (444,703) 3 277,005 121,079 5 112,526 64,108 (171,638) (152,324) 4 (284,164) (216,432) 5,025,152 2,006,403 / (36,915) (24,017) 6 (292,008) (392,021) 7 4,696,229 1,590,365 9(a) (637,061) (145,065) 4,059,168 1,445,300 (88,065) (43,610) 3,971,103 1,401,690 11 0.552 0.195 10 1,440,000 576,000 [] [] - 46 -

2004 2003 2004 2003 12(a) 15,206,325 16,020,104 12(b) 13,135,978 13,886,209 13 511,307-13 601,919-14 807,477 385,373 14 752,116 362,073 15 2,208,543 2,001,975 16 1,906,917 1,370,339 16 1,770,779 1,255,239 17 630,377 688,837 17 164,772 164,387 526,956 540,882 446,987 485,149 18 22,415 35,863 18 22,415 35,863 9(b) 48,917 35,660 9(b) 47,629 35,660 19,660,691 19,077,058 19,151,138 18,226,555 19 3,727,749 3,504,259 19 3,216,615 3,018,342 20 395,353 472,117 20 177,146 260,147 20 1,675,412 1,214,465 20 1,522,870 1,080,023 535,222 406,521 433,534 231,578 20,24 585,419 418,440 20,24 566,810 418,440 2,255 2,385 4,000 165,885 37,485 1,690,500 1,840,351 1,163,399 1,398,250 8,615,910 8,024,423 7,080,374 6,444,265 22 4,870,305 5,444,729 22 4,149,455 4,450,805 22 130,000 130,000 23 797,753 1,033,107 23 528,901 643,807 23 259,746 238,583 23 80,634 163,627 663,635 776,449 514,431 595,867 23,24 639,445 780,222 23,24 631,889 780,222 73,930 78,950 50,276 72,658 7,434,814 8,482,040 5,955,586 6,706,986-47 -

1,181,096 (457,617) 1,124,788 (262,721) 20,841,787 18,619,441 20,275,926 17,963,834 21 37,100 49,467 22 2,014,614 3,206,848 22 1,858,937 2,941,948 2,051,714 3,256,315 1,858,937 2,941,948 373,084 341,240 18,416,989 15,021,886 18,416,989 15,021,886 25 7,200,000 7,200,000 25 7,200,000 7,200,000 26 11,216,989 7,821,886 26 11,216,989 7,821,886 18,416,989 15,021,886 18,416,989 15,021,886 [] [] - 48 -

2004 12 31 2004 2003 (a) 5,591,615 2,796,993 (346,696) (415,684) (673,214) (147,352) 18,006 43,000 4,589,711 2,276,957 42,750 27,419 96,591 49,087 (2,205,957) (1,284,868) 112,949 40,985 (650,285) (388,894) 101,461 59,437 (63,333) (191,285) 225,218 109,495 (2,340,606) (1,578,624) 5,214,936 7,490,040 (6,981,696) (7,619,254) (576,000) (360,000) (56,221) (29,532) (2,398,981) (518,746) ( )/ (149,876) 179,587-49 -

1 1 1,840,351 1,660,531 25 233 12 31 1,690,500 1,840,351 (a) 4,696,229 1,590,365 (42,830) (27,419) (62,800) (18,059) /( 36,915 24,017 325,033 415,935 1,794,120 1,850,013 34,345 24,600 21,191 22,822 13,448 13,448 (12,367) (12,367) 77 884 9,544 57,571 (223,490) (120,589) (514,956) (345,974) (376,854) (478,758) (105,990) (199,496) 5,591,615 2,796,993 [] [] - 50 -

2004 12 31 2003 1 1 7,200,000 2,420,841 2,980,306 1,379,049 13,980,196 1,401,690 1,401,690 26 277,112 (277,112) 11(b) (360,000) (360,000) 2003 12 31 7,200,000 2,420,841 3,257,418 2,143,627 15,021,886 3,971,103 3,971,103 26 794,254 (794,254) 11(b) (576,000) (576,000) 2004 12 31 7,200,000 2,420,841 4,051,672 4,744,476 18,416,989 [] [] - 51 -

1. (a) C (b) 1(d) (c) i ii iii iv - 52 -

1(t) (d) 12 d 1(s) i ii iii e f (g) - 53 -

1(t) (h) (i) 1(t) (j), (k) (l) (m) - 54 -

- 55 - (n) (o) (p) (q) (r) (s) 28 (t)

- 56 - (u) 10 (v) (w), (x) (y) (z) 2.

3. 2004 2003 130,298 74,040 58,913-62,800 18,059 ( 21) 12,367 12,367 12,627 16,613 277,005 121,079 ======== ========= 4. 2004 2003 ( 5) 112,526 64,108 68,457 57,571 ( 12) 34,345 24,600 ( 18) 13,448 13,448 37,715 37,593 9,992 10,080 7,681 9,032 284,164 216,432 ======== ========= 5. 1,500 112,526,000 ( 64,108,000 ) 6. 2004 2003 348,834 430,030 * (23,801) (14,095) 325,033 415,935 (42,830) (27,419) 9,805 3,505 292,008 392,021 ========= ========= * 2.98% 5.58% ( 2.98% 5.31%) - 57 -

7. 2004 2003 * 33,223,604 26,396,224 1,794,120 1,850,013 21,191 22,822 920,490 787,246 74,663 101,223-167,640 168,276-42,379 39,153 1,172,442 1,090,687 5,478 4,552 ========= ========= * 4,132,798,000 ( 4,001,297,000 ) 3,971,103,000 ( 1,401,690,000 ) 8. i 2004 73 7 183 263 73 6 169 248 73 6 169 248 59 6 145 210 59 6 144 209 59 5 137 201 59 6 136 201 57 6 101 164 57 6 94 157 80 - - 80 80 - - 80 80 - - 80 809 54 1,278 2,141 2003 60 6 151 217-58 -

53 6 132 191 52 6 132 190 57 6 151 214 50 6 129 185 50 5 129 184 40 5 85 130 40 5 82 127 80 - - 80 80 - - 80 80 - - 80 642 45 991 1,678 (ii) 2004 2003 970 855 29 23 999 878 2004 2003 0 1,000,000 5 5 9. (a) 2004 2003 725,897 249,285 (13,257) (12,053) ( ) (75,579) (92,167) 637,061 145,065 ========= ========= - 59 -

1999 290 75,579,000 92,167,000 2004 2003 4,696,229 1,590,365 ------------ ----------- 15% 704,435 238,555 9,888 3,437 (7,589) (7,032) (75,579) (92,167) 5,906 2,272 637,061 145,065 ========= ========= 15% ( 15%) 15% (b) (i) 2004 2003 2004 2003 2004 2003 32,600 21,163 - - 32,600 21,163 8,842 3,690 - - 8,842 3,690 19,928 20,453 - - 19,928 20,453 - - (12,453) (9,646) (12,453) (9,646) / 61,370 45,306 (12,453) (9,646) (48,917) 35,660 ======== ======== ========= ======== ========== ======== 2004 2003 2004 2003 2004 2003 31,312 21,163 - - 31,312 21,163 8,842 3,690 - - 8,842 3,690 19,928 20,453 - - 19,928 20,453-60 -

- - (12,453) (9,646) (12,453) (9,646) / 60,082 45,306 (12,453) (9,646) (47,629) 35,660 ======== ======== ========= ======== ========== ======== (ii) 21,163 11,437 32,600 3,690 5,152 8,842 20,453 (525) 19,928 (9,646) (2,807) (12,453) 35,660 11,257 48,917 ============= ============= =========== 21,163 10,149 31,312 3,690 5,152 8,842 20,453 (525) 19,928 (9,646) (2,807) (12,453) 35,660 11,969 47,629 ============= ============= =========== 10. 3,971,103,000 1,401,690,000 7,200,000,000 7,200,000,000 11. (a) 2004 2003 0.20 ( : 0.08 ) 1,440,000 576,000 ========= ======== - 61 -

0.20 1,440,000,000 ( 0.08 576,000,000 ) (b) 2004 2003 0.08 ( 0.05 ) 576,000 360,000 ========= ========= 12. (a) : 5,080,323 25,441,075 30,521,398 22,582 184,902 207,484 ( 14) 268,295 692,752 961,047 (47,027) (454,790) (501,817) 5,324,173 25,863,939 31,188,112 ---------- ------------ ------------ 2,591,695 11,909,599 14,501,294 224,480 1,568,604 1,793,084 ( 4) - 34,345 34,345 (11,924) (335,012) (346,936) 2,804,251 13,177,536 15,981,787 ---------- ------------ ------------ 2,519,922 12,686,403 15,206,325 ========= ========= ========= 2,488,628 13,531,476 16,020,104 ========= ========= ========= - 62 -

(b) : 4,070,436 22,736,711 26,807,147-148,984 148,984 ( 14) 173,655 663,765 837,420 (39,468) (423,850) (463,318) 4,204,623 23,125,610 27,330,233 ----------- ------------ ----------- 2,303,359 10,617,579 12,920,938 172,826 1,391,697 1,564,523-34,345 34,345 (9,641) (315,910) (325,551) 2,466,544 11,727,711 14,194,225 ----------- -------------- -------------- 1,738,079 11,397,899 13,135,978 ======== ========= ========= 1,767,077 12,119,132 13,886,209 ========= ========= ========= (c) 36,500,000 37,684,000 (d) 16-63 -

(e) 414,342,000 13 - - 512,343 603,138 512,343 603,138 - - 1,036 1,219 1,036 1,219 511,307 601,919 - - 565,214,000 664,195,000 14. 2004 2003 2004 2003 385,373 896,798 362,073 853,868 1,895,494 1,065,131 1,830,601 1,027,224 ( 12) (961,047) (1,576,556) (837,420) (1,519,019) 13 (512,343) - (603,138) - 807,477 385,373 752,116 362,073 ========= ======== ========= ========= 15. - 64 -

2004 2003 2,045,962 1,883,586 165,130 121,787 ( 20) (2,549) (3,398) 2,208,543 2,001,975 ========= ========= 800,000 100-25,000 100-25,000 80-25,500-81.46 40,000-60 3,460-75 4,750-50.38 50,000-60 250,000 75-455,000 100-295,776-100 16. 2004 2003 2004 2003 1,906,917 1,370,339 1,770,779 1,255,239 ========== ========= ========== ========== - 65 -

14,695-40 20,204-50 5,420-44 5,000-33 901,441 20-2,372,439 38.26-17. 2004 2003 2004 2003 62,730 92,521 - - ( 274,623 288,230 - - ) 353,433 333,874 164,772 164,387 690,786 714,625 164,772 164,387 (60,409) (25,788) - - 630,377 688,837 164,772 164,387 ======== ======== ======== ======== 18. 2004 2003 2004 2003 : 1 1 /12 31 134,482 134,482 134,482 134,482 ----------- ------------ ----------- ------------ - 66 -

1 1 98,619 85,171 98,619 85,171 ( 4) 13,448 13,448 13,448 13,448 12 31 112,067 98,619 112,067 98,619 ----------- ------------ ------------ ------------ 22,415 35,863 22,415 35,863 ========= ========= ========= ========= 38,800,000 134,482,000 10 19. 2004 2003 2004 2003 1,163,508 1,226,324 934,855 1,087,783 1,340,643 1,188,187 1,268,444 1,047,292 758,081 608,533 606,423 469,845 465,517 481,215 406,893 413,422 3,727,749 3,504,259 3,216,615 3,018,342 ======== ======== ========= ======== 104,130,000 101,522,000 98,618,000 90,749,000 20. 2004 2003 2004 2003 440,635 511,928 196,756 293,238 (45,282) (39,811) (19,610) (33,091) 395,353 472,117 177,146 260,147 1,675,412 1,214,465 1,522,870 1,080,023 585,419 418,440 566,810 418,440 2,656,184 2,105,022 2,266,826 1,758,610 ======== ======== ======== ======== 2004 2003 2004 2003-67 -

2,639,266 2,070,750 2,255,946 1,736,570 16,918 28,057 10,880 19,003-3,007-1,824-3,208-1,213 2,656,184 2,105,022 2,266,826 1,758,610 ======== ======== ========= ======== 21. 2004 2003 2004 2003 2004 2003 8,492 33,044 115,177 115,177 123,669 148,221 - (24,552) - - - (24,552) 8,492 8,492 115,177 115,177 123,669 123,669 -------- --------- ---------- --------- --------- --------- 5,094 16,520 69,108 57,590 74,202 74,110 - (12,275) - - - (12,275) ( 3) 849 849 11,518 11,518 12,367 12,367 5,943 5,094 80,626 69,108 86,569 74,202 ---------- ---------- -------- -------- --------- --------- 2,549 3,398 34,551 46,069 37,100 49,467 ======= ======= ======= ======= ======= ======= 115,177,000 22. 2004 2003 2004 2003 65,559 56,000 15,000 15,000 518,877 1,348,275 439,038 1,262,275 1,430,178 1,802,573 1,404,899 1,664,673-68 -

2,014,614 3,206,848 1,858,937 2,941,948 ------------ ------------ ------------ ------------ 1,257,578 999,141 1,114,899 755,815 3,612,727 4,445,588 3,034,556 3,694,990 4,870,305 5,444,729 4,149,455 4,450,805 130,000 130,000 - - 5,000,305 5,574,729 4,149,455 4,450,805 ----------- ----------- ----------- ----------- 7,014,919 8,781,577 6,008,392 7,392,753 ======== ======== ======== ======== ( 75,000,000 ) 31 23. 2004 2003 2004 2003 797,753 1,033,107 528,901 643,807 259,746 238,583 80,634 163,627 639,445 780,222 631,889 780,222 1,696,944 2,051,912 1,241,424 1,587,656 ======= ======== ========= ======== 2004 2003 2004 2003 1,420,092 1,685,991 1,040,473 1,309,340 276,852 365,921 200,951 278,316 1,696,944 2,051,912 1,241,424 1,587,656 ======== ======== ========= ======== 24. / / 25. - 69 -

2004 2003 4,870,000,000 A 1.00 4,870,000 4,870,000 2,330,000,000 H 1.00 2,330,000 2,330,000 A H 7,200,000 7,200,000 ========= ========= 26. 2004 2003 (a) 2,420,841 2,420,841 ----------- ----------- 1,060,664 922,108 397,127 138,556 (b) 1,457,791 1,060,664 -------------- -------------- 978,575 840,019 397,127 138,556 (c) 1,375,702 978,575 -------------- -------------- (d) 82,089 82,089 -------------- -------------- (e) 4,180 4,180 -------------- -------------- (f) 1,280,514 1,280,514 -------------- -------------- - 70 -

(g) (148,604) (148,604) -------------- -------------- (h) 4,744,476 2,143,627 -------------- ------------- 11,216,989 7,821,886 ========= ========= a 178 179 b 10% 50% 25% c 5% 10% 10% d 37,282,000 40,639,000 e (f) (g) (h) 4,649,907,000 2,048,896,000 1,440,000,000 576,000,000 (a) 27. - 71 -

2004 2003 19,563,608 15,904,304 ========= ========= (b) : 2004 2003 15,334,038 10,481,474 961,919 757,053 97,332 85,460-25,000 (11,416) (197,366) 4,894 1,580 130,000 130,000 130,000 130,000 6,643 6,774 151,163 44,733 199,676 297,525 99,969 - ========= ======== (c) 2004 2003 2004 2003 3 252,438 263,854 250,125 260,617 ========= ========= ========= ========= (d) 2004 2003 130,000 130,000 ========= ========= - 72 -

28. 22.5% [1995]464 5 42,379,000 39,153,,000 29. i 2004 2003 322,797 119,990 1,824,985 2,094,840 2,147,782 2,214,830 295,886 858,706 2,443,668 3,073,536 ========= ============ (ii) 7,609,000 8,928,000 30. 2004 2003 2004 2003 - - - 778,859 1,114,408-73 -

- 40,000 54,600 40,000 54,600-61,886 74,498 29,200 32,800 101,886 129,098 848,059 1,201,808 ======== ======== ========= ======== 31. 2004 12 31 2004 2003 2004 2003 ( ) 7.10% - 17,954-17,954 2.24% 416,402-416,402 - ( ) 1.80% 52,434 71,621 52,434 71,621 5.70% - 23,188-23,188 5.22% - 5.30% - 700,000-700,000 4.94% - 5.58% 1,100,000 1,650,000 1,100,000 1,650,000 4.94% - 5.30% 1,220,000 1,220,000 1,220,000 1,220,000 4.94% 170,000-170,000 - - 15,000 15,000 15,000 15,000 2004 12 31 2004 2003 2004 2003 1.70% - 42,135 - - 20,856 24,154-5.76% - 68,100 - - - 66,912 - - 7,400 14,800 - - 123,000 143,500 - - 12,600 14,125-4.94% -5.58% 134,500 134,500-3,272,192 4,205,989 2,973,836 3,697,763-74 -

( 22) (1,257,578) (999,141) (1,114,899) (755,815) ( 22) 2,014,614 3,206,848 1,858,937 2,941,948 ========== ========== ========== ========= 3.56% 3.50% - 75 -

32. (i) (ii) (iii) (iv) (v) 2004 2003 4,777,981 4,114,966 63 707-76 -

4,778,044 4,115,673 --------------- --------------- 12,154,361 8,907,410 19,952 25,850 12,174,313 8,933,260 --------------- --------------- 5,941,589 3,879,846 9,753,690 8,288,481 15,695,279 12,168,327 ------------- --------------- 13,692,352 10,834,580 846,488 800,070 14,538,840 11,634,650 ------------- --------------- 2,836,250 1,830,338 3,452,657 3,520,710 6,288,907 5,351,048 --------------- --------------- (14,072,850) (12,635,818) --------------- -------------- 39,402,533 29,567,140 ========= ========= 2004 2003 250,419 112,316 1,886,537 627,870 1,550,796 597,411 986,578 452,077 350,822 216,729 5,025,152 2,006,403 (36,915) (24,017) - 77 -

(292,008) (392,021) 4,696,229 1,590,365 ========= ========= 2004 2003 3,168,259 3,034,919 3,981,270 4,138,796 5,647,630 6,090,790 8,075,376 7,383,556 2,589,245 2,338,076 23,461,780 22,986,137 1,906,917 1,370,339 2,907,904 2,768,981 28,276,601 27,125,457 ========= ========= 2004 2003 286,338 393,708 728,239 852,185 355,975 371,081 820,301 1,036,311 169,726 175,076 2,360,579 2,828,361 7,499,033 8,933,970 9,859,612 11,762,331 ========= ========= - 78 -

32. ( ) 2004 2003 250,930 261,810 356,097 359,380 630,467 648,628 399,200 409,152 177,581 193,865 1,814,275 1,872,835 ========= ========= 1,036-1,815,311 1,872,835 ========= ========= 2004 2003 555,441 123,335 124,768 121,630 378,542 746,555 469,080 188,019 165,783 105,329 1,693,614 1,284,868 512,343-2,205,957 1,284,868 ========= ========= 33. (a) 30 (b) - 79 -

KPMG- [AH] (200X)AR No.XXXX [ ] 1 2 8 100738-81 -

B ( ) 3 1,694,500 2,006,236 4 1,708,792 1,333,093 5 602,597 597,508 6 619,281 401,478 7 260,736 179,464 8 3,727,749 3,475,872 8,613,655 7,993,651 ------------ ------------- 9 2,615,350 2,090,578 ------------ ------------ 10(a) 32,904,209 31,740,428 10(a) 16,164,713 14,683,112 16,739,496 17,057,316 10(a) 58,945 24,600 10(a) 16,680,551 17,032,716 11 20,226 28,387 12 763,450 374,780 17,464,227 17,435,883 ------------ ------------- 13 22,415 35,863 ------------ ------------- 14(c) 41,442 24,853 ---------------- ------------- 28,757,089 27,580,828 [ ] [ ] - 82 -

( ) ( ) 15 3,742,727 4,575,588 16 274,000 265,693 16 911,940 1,355,833 16 321,869 362,840 63,522 51,032 77,798 68,335 14(b) 260,111 278,332 17,554 9,408 16 484,061 491,945 18 21,399 21,508 19 1,257,578 999,141 7,432,559 8,479,655 ---------------- ------------- 19 2,014,614 3,206,848 20 34,551 46,069 2,049,165 3,252,917 ---------------- ------------ 9,481,724 11,732,572 ---------------- ------------ 373,084 341,240 ---------------- ------------ [ ] [ ] - 83 -

( ) ( ) ( ) 21 7,200,000 7,200,000 22 2,856,278 2,856,278 23 4,196,096 3,401,842 1,375,702 978,575 ( 1,440,000,000 ( 576,000,000 )) 29 4,649,907 2,048,896 18,902,281 15,507,016 -------------- ------------- 28,757,089 27,580,828 ( ) [ ] [ ] - 84 -

( ) 3 1,163,399 1,435,735 4 1,556,250 1,203,651 5 449,810 482,277 6 729,750 309,693 7 186,284 142,111 8 3,216,615 2,990,532 7,302,108 6,563,999 ------------ ------------ 9 4,104,456 3,379,501 ------------ ------------ 10(b) 28,983,520 27,906,284 10(b) 14,348,615 13,083,483 14,634,905 14,822,801 10(b) 58,945 24,600 10(b) 14,575,960 14,798,201 11 20,226 27,810 12 708,089 351,480 15,304,275 15,177,491 ------------ ------------- 13 22,415 35,863 ------------ ------------- 14(c) 40,154 24,853 ------------ ------------ 26,773,408 25,181,707 [ ] [ ] - 85 -

( ) ( ) 15 3,034,556 3,694,990 16 94,888 190,737 16 708,151 1,041,587 16 291,540 310,961 58,152 43,391 35,909 30,684 14(b) 228,059 265,227 7,226 6,814 16 421,971 379,518 18 16,839 13,019 19 1,114,899 755,815 6,012,190 6,732,743 ------------- ------------- 19 1,858,937 2,941,948 1,858,937 2,941,948 ------------- ------------- 7,871,127 9,674,691 ------------- ------------- 21 7,200,000 7,200,000 22 2,856,278 2,856,278 23 4,196,096 3,401,842 1,375,702 978,575 ( 1,440,000,000 ( 576,000,000 )) 29 4,649,907 2,048,896 18,902,281 15,507,016 ------------ ------------ 26,773,408 25,181,707 ( ) [ ] [ ] - 86 -

( ) 24 39,402,533 29,567,140 24 32,009,082 25,242,197 25 738,474 624,457 6,654,977 3,700,486 130,298 82,795 395,694 444,703 1,265,594 1,193,327 26 315,809 402,614 4,808,178 1,742,637 27 72,539 17,573 83,058 19,376 28 270,716 202,984 4,693,059 1,576,602 14(a) 633,729 147,436 88,065 43,610 3,971,265 1,385,556 2,048,896 1,300,452 6,020,161 2,686,008 23 397,127 138,556 23 397,127 138,556 5,225,907 2,408,896 29(a) 576,000 360,000 ( 1,440,000,000 ( 576,000,000 )) 4,649,907 2,048,896 [ ] [ ] - 87 -

( ) 24 34,930,717 27,931,028 24 28,251,458 24,167,489 25 727,082 596,954 5,952,177 3,166,585 70,106 46,361 272,378 308,801 1,010,994 994,262 26 266,748 371,810 4,472,163 1,538,073 27 256,832 135,905 59,184 5,160 28 251,481 174,525 4,536,698 1,504,613 14(a) 565,433 119,057 3,971,265 1,385,556 2,048,896 1,300,452 6,020,161 2,686,008 23 397,127 138,556 23 397,127 138,556 5,225,907 2,408,896 29 576,000 360,000 ( 1,440,000,000 ( 576,000,000 )) 4,649,907 2,048,896 [ ] ( ) [ ] [ ] - 88 -

( ) 47,612,688 60,765 12,602 47,686,055 ------------- (39,666,664) (1,542,465) (1,514,077) (54,829) (42,778,035) ------------------ (a) 4,908,020 -------------- 101,461 225,218 96,591 112,949 42,750 578,969 ------------- (2,177,570) (650,285) (63,333) (2,891,188) ----------------- (2,312,219) -------------- [ ] [ ] - 89 -

( ) ( ) 5,214,936 5,214,936 ------------- (6,981,696) (978,917) (7,960,613) ----------------- (2,745,677) -------------- 25 ------------------ (b) (149,851) [ ] [ ] - 90 -

( ) ( ) (a) 3,971,265 1,840,485 34,345 8,487 (11,841) 13,448 9,544 306,004 (72,539) (16,589) (240,036) (629,433) (393,185) 88,065 4,908,020 (b) 1,690,500 (1,840,351) (149,851) ( ) [ ] [ ] - 91 -

( ) 41,390,675 18,006 5,557 41,414,238 ------------- (34,665,160) (993,891) (1,377,790) (44,430) (37,081,271) ------------------ (a) 4,332,967 -------------- 37,485 205,078 51,040 32,637 326,240 ------------- (2,008,812) (636,319) (2,645,131) ------------------ (2,318,891) ------------- [ ] [ ] - 92 -

( ) ( ) 4,102,226 4,102,226 ------------- (5,486,689) (864,489) (6,351,178) ----------------- (2,248,952) ------------ 25 ---------------- (b) (234,851) [ ] [ ] - 93 -

( ) ( ) (a) 3,971,265 1,602,629 34,345 (13,481) (16,250) 13,448 9,361 259,672 (256,832) (15,301) (209,833) (703,948) (342,108) 4,332,967 (b) 1,163,399 (1,398,250) (234,851) ( ) [ ] [ ] - 94 -

( ) 1 ( ) ( ) ( ) 4,000,000,000 55.56% ( ) 9(d) 2 (a) (b) ( [1995] 11 ) 50% 50% 50% 50% 50% - 95 -

- >> [2003] 10 [2003] 10-20% 50% 2(k) (i) 1 2(k) 2(k) ( ) 15-40 3% - 5% 2.4% - 6.5% 5-26 3% - 5% 3.7% - 19.4% (j) 2(k) - 97 -

10 10 (k) ( ) (l) i) 15% 33% - 98 -

15% 27% 15% 27% 27% 15% ii) 17% iii) 277.6 117.6 (m) (n) (o) - 99 -

(p) (q) (r) (s) 31 (t) (u) - 100 -

3 327 247 174 83 1,281,744 1,648,950 863,500 1,137,368 1.0642 37,264 39,656 36,624 34,513 36,729 36,624 8.2766 14,278 118,173 55,700 1,441 11,927 182 7.3178 129 944 861 129 944 861 10.1810 116 1,181-0.0801 462 37-1,442,062 1,742,382 913,274 1,175,118 ( 30 (f)) 252,438 263,854 250,125 260,617 1,694,500 2,006,236 1,163,399 1,435,735 4 1,695,577 1,299,413 1,556,250 1,184,617 13,215 33,680-19,034 1,708,792 1,333,093 1,556,250 1,203,651 30(e) 5% - 101 -

5 % % % % 587,441 90.67 1,762 0.30 564,640 88.60 1,404 0.25 17,404 2.69 486 2.79 34,664 5.44 6,607 19.06 9,142 1.41 9,142 100.00 15,838 2.48 12,831 81.01 33,892 5.23 33,892 100.00 22,177 3.48 18,969 85.53 647,879 100.00 45,282 637,319 100.00 39,811 602,597 597,508 % % % % 440,173 93.77 1,243 0.28 461,433 89.54 1,196 0.26 11,031 2.35 151 1.37 25,355 4.92 6,352 25.05 2,784 0.59 2,784 100.00 13,560 2.63 11,736 86.55 15,432 3.29 15,432 100.00 15,020 2.91 13,807 91.92 469,420 100.00 19,610 515,368 100.00 33,091 449,810 482,277 39,811 43,339 33,091 26,071 22,814 7,020 3,862 7,020 (17,343) (10,548) (17,343) - 45,282 39,811 19,610 33,091-102 -

207,923 170,926 32.09% 26.82% 30(e) 5% 6 % % % % 584,442 92.92 1,217 0.21 330,241 80.91 602 0.18 9,090 1.44 223 2.45 27,261 6.68 684 2.51 7,983 1.27 502 6.28 11,979 2.93 772 6.44 27,458 4.37 7,750 28.23 38,673 9.48 4,618 11.94 628,973 100.00 9,692 408,154 100.00 6,676 619,281 401,478 % % % % 710,330 96.76 956 0.13 262,882 83.71 536 0.20 4,268 0.58 153 3.58 12,092 3.85 335 2.77 283 0.04 6 2.12 7,615 2.42 436 5.73 19,224 2.62 3,240 16.85 31,459 10.02 3,048 9.69 734,105 100.00 4,355 314,048 100.00 4,355 729,750 309,693-103 -

6,676 23,242 4,355 20,130 3,016 8,852-4,355 - (25,418) - (20,130) 9,692 6,676 4,355 4,355 106,142 72,737 16.88% 17.82% 30(e) 5% 7 30(e) 5% 8 1,163,508-1,226,324-934,855-1,087,783-1,340,643-1,188,187-1,268,444-1,047,292-761,861 3,780 612,430 3,897 606,423-471,260 1,415 518,407 52,890 517,442 64,614 454,443 47,550 447,997 62,385 3,784,419 56,670 3,544,383 68,511 3,264,165 47,550 3,054,332 63,800 3,727,749 3,475,872 3,216,615 2,990,532-104 -

3,897 64,614 9,048 17,624 1,415 62,385 5,518 16,313 3,780 670 1,415 48,145 - - 1,415 47,227 (3,897) (12,394) (6,566) (1,155) (1,415) (14,835) (5,518) (1,155) 3,780 52,890 3,897 64,614-47,550 1,415 62,385 32,009,082 25,242,197 28,251,458 24,167,489 9 ( (a)) ( (b)) ( (c)) ( (e)) ( (f)) 1,691,140 (283,398) 288,230 426,394 2,122,366 (31,788) 2,090,578 585,210-22,167 33,596 640,973-640,973 (5,769) - - - (5,769) - (5,769) / (11,718) - - - (11,718) - (11,718) - (35,774) (43,827) (79,601) - (79,601) - 10,849 - - 10,849-10,849 - - - - - (29,962) (29,962) 2,258,863 (272,549) 274,623 416,163 2,677,100 (61,750) 2,615,350-105 -

( (a)) ( (b)) ( (d)) ( (e)) 1,570,040 (283,398) 1,928,473 164,386 3,379,501 562,822-109,993 386 673,201 - - 218,294-218,294 / (11,478) - (165,911) - (177,389) - 10,849 - - 10,849 2,121,384 (272,549) 2,090,849 164,772 4,104,456 (a) 14,695-40 20,204-50 5,420-44 5,000-33 901,441 20-2,372,439 38.26 - (b) (300,000) 30 (280,000) 10,000 (270,000) (8,492) 10 (3,398) 849 (2,549) (308,492) (283,398) 10,849 (272,549) - 106 -

(c) (d) 800,000 100-25,000 100-25,000 80-25,500-81.46 40,000-60 3,460-75 4,750-50.38 50,000-60 250,000 75-455,000 100-295,776-100 (e) (f) 31,788 9,658 36,276 25,430 (1,000) (3,300) (5,314) - 61,750 31,788-107 -

36,276,000 (g) 30 38% 652,356 - - 10,000 (11,478) 650,878 50 20% 637,684 562,821 - - - 1,200,505 30 50% 103,000 - (9,595) - - 93,405 40 40% 11,594 22,388 3,162 - - 37,144 50% 14.15% 13.69% (h) 21.71% 21.79% 14.15% 13.69% 10 (a) 5,972,018 25,768,410 31,740,428 22,582 184,902 207,484 ( 12) 814,352 682,159 1,496,511 (85,422) (454,792) (540,214) 6,723,530 26,180,679 32,904,209 ------------------------------------------------ 2,761,262 11,921,850 14,683,112 250,205 1,590,280 1,840,485 (23,870) (335,014) (358,884) 2,987,597 13,177,116 16,164,713-108 -

------------------------------------------------ - 24,600 24,600-34,345 34,345-58,945 58,945 ------------------------------------------------ 3,735,933 12,944,618 16,680,551 3,210,756 13,821,960 17,032,716 (b) 4,842,238 23,064,046 27,906,284-148,984 148,984 ( 12) 776,793 653,172 1,429,965 (77,863) (423,850) (501,713) 5,541,168 23,442,352 28,983,520 ------------------------------------------------ 2,453,653 10,629,830 13,083,483 189,256 1,413,373 1,602,629 (21,587) (315,910) (337,497) 2,621,322 11,727,293 14,348,615 ------------------------------------------------ - 24,600 24,600-34,345 34,345-58,945 58,945 ------------------------------------------------ 2,919,846 11,656,114 14,575,960 2,388,585 12,409,616 14,798,201 ( ) - 109 -

(c) 2 POY 34,345,000 24,600,000 (d) 6,133,235,399 3,529,747,000 (e) 414,342,000 11 20,226 28,387 20,226 27,810 12 374,780 890,051 351,480 847,121 1,885,181 1,054,538 1,786,574 1,016,631-3,502-3,502 2,259,961 1,944,589 2,138,054 1,863,752 ( 10) (1,496,511) (1,569,809) (1,429,965) (1,512,272) 763,450 374,780 708,089 351,480 75KR/HRPP 49,500 19,317 534-19,851 40% - 67,000 491 39,962-40,453 60% - - 110 -

1 388,000-270,774-270,774 70% - 200,000-50,608-50,608 25% - 13 134,482 134,482 ------------- ------------ 98,619 85,171 13,448 13,448 112,067 98,619 ------------ ------------ 22,415 35,863 38,800,000 134,482,000 14 (a) 725,897 249,285 656,313 220,906 16,589 9,682 15,301 9,682 709,308 239,603 641,012 211,224 (75,579) (92,167) (75,579) (92,167) - 111 -

633,729 147,436 565,433 119,057 15% ( 15%) 15% 15 ( [1999] 290 ) 75,579,000 ( 92,167,000 ) (b) 71,675 76,565 50,276 72,658 121,101 102,080 114,622 97,878 40,048 71,600 40,048 71,600 3,346 2,815 1,173 346 23,941 25,272 21,940 22,745 260,111 278,332 228,059 265,227 (c) 24,853 15,171 24,853 15,171 11,437 5,992 10,149 5,992 5,152 3,690 5,152 3,690 41,442 24,853 40,154 24,853 15-112 -

3,612,727 4,445,588 3,034,556 3,694,990 ( 30(g)) 130,000 130,000 - - 3,742,727 4,575,588 3,034,556 3,694,990 75,000,000 3.42% 2.74%) 30(g) 5% 16 30(e) 5% % % 832,874 91.33 1,202,038 88.66 52,682 5.78 87,934 6.48-113 -

26,384 2.89 65,861 4.86 911,940 100.00 1,355,833 100.00 % % 697,520 98.50 1,031,910 99.07 908 0.13 5,482 0.53 9,723 1.37 4,195 0.40 708,151 100.00 1,041,587 100.00 17 0.08 576,000,000 0.05 360,000,000 576,000,000 18 19 1,430,178 1,802,573 1,404,899 1,664,673 456,580 1,255,173 431,300 1,234,673 62,297 93,102 7,738 27,602 65,559 56,000 15,000 15,000 2,014,614 3,206,848 1,858,937 2,941,948 1,257,578 999,141 1,114,899 755,815 3,272,192 4,205,989 2,973,836 3,697,763-114 -

2004 ( (a)) 7.10% - 8.2765-17,954-17,954 2007 2.24% 50,000 8.2765 416,402-416,402-2008 ( (a)) 1.80% 6,300 8.2765 52,434 71,621 52,434 71,621 2004 5.70% - 0.0764-23,188-23,188 2004 5.22%-5.30% - 700,000-700,000 2005 4.94%-5.58% 1,100,000 1,650,000 1,100,000 1,650,000 2006 4.94%-5.30% 1,220,000 1,220,000 1,220,000 1,220,000 2006 4.94% 170,000-170,000-2005 - 15,000 15,000 15,000 15,000 2004 1.70% - 8.2765-42,135 - - 2011-2,520 8.2765 20,856 24,154 - - 2004 5.76% - 68,100 - - 2004 - - 66,912 - - 2001 2005-7,400 14,800 - - 2010-123,000 143,500 - - 2005 4.94%-5.58% 134,500 134,500 - - 2011 12,600 14,125 - - 3,272,192 4,205,989 2,973,836 3,697,763 (1,257,578) (999,141) (1,114,899) (755,815) 2,014,614 3,206,848 1,858,937 2,941,948 (a) 20-115 -

115,177 115,177 ------------ ------------ 69,108 57,590 11,518 11,518 80,626 69,108 ------------ ------------ 34,551 46,069 115,177,000 21 4,870,000,000 A 1 4,870,000 4,870,000 2,330,000,000 H 1 2,330,000 2,330,000 7,200,000 7,200,000 4,150,000,000 A 1 4,150,000 4,150,000 4,150,000 4,150,000 ------------ ------------ 720,000,000 A 1 2,330,000,000 H 1 A 720,000 720,000 H 2,330,000 2,330,000 3,050,000 3,050,000 ------------ ------------ 7,200,000 7,200,000-116 -

A H 22 2,856,278 2,856,278 2,420,841 2,420,841 (a) 4,180 4,180 (b) 44,887 44,887 (c) 386,370 386,370 2,856,278 2,856,278 (a) (b) (c) 23 922,108 840,019 82,089 1,280,514 3,124,730 (a) 138,556 138,556 - - 277,112 1,060,664 978,575 82,089 1,280,514 3,401,842 (a) 397,127 397,127 - - 794,254 1,457,791 1,375,702 82,089 1,280,514 4,196,096 (a) (i) 10% (ii) 10% - 117 -

24 / 35 15,673,440 10,694,915 39.78% 36.17% 25 508,648 446,830 508,648 446,830 157,759 112,917 152,904 105,087 72,067 64,710 65,530 45,037 738,474 624,457 727,082 596,954 277.6 117.6 7% 3% 26 348,834 430,030 292,309 392,301 - (3,502) - (3,502) 348,834 426,528 292,309 388,799 (42,830) (27,419) (32,637) (19,178) 9,805 3,505 7,076 2,189 315,809 402,614 266,748 371,810 27-118 -

45,599 19,288 27,689 16,471 - - 218,294 97,107 (5,769) (5,335) - 11,478 10,849 10,849 10,849 10,849 / 21,860 (7,229) - - 72,539 17,573 256,832 135,905 28 112,526 64,108 103,269 49,582 68,457 57,571 62,963 48,114 37,715 37,593 37,715 37,593 9,992 10,080 9,969 10,080 42,026 33,632 37,565 29,156 270,716 202,984 251,481 174,525 1,500 112,526,000 ( 64,108,000 ) 29 (a) 0.08 576,000,000 ( 0.05 360,000,000 ) (b) 0.20 1,440,000,000 ( 0.08 576,000,000 ) 30 (a) - 119 -

867 40 (b) (c) ( ) 19,563,608 15,904,304 (d) 15,334,038 10,481,474 961,919 757,053 97,332 85,460-25,000 (11,416) (197,366) 4,894 1,580 130,000 130,000 130,000 130,000 6,643 6,774 151,163 44,733 199,676 297,525 99,969-55,628 33,543 (b) 90% - 120 -

(e) 17,675 118,628 15,705 - - 9,197 207,244 116,194 67,343 104,010 183,440 60,908 49,760 9,594 44,251 60,819 14,254 27,110 - - 98,105 98,503 287,538 490,180 179,551-9,584 50,097 15,275 10,324 35,138 86,558 - - 101,886 129,098 (f) 252,438 263,854 250,125 260,617 (g) 130,000 130,000 - - 31 22.5% [2004] 45 22% ( [1995] 464 ) 42,379,000 ( 39,153,000 ) - 121 -

32 322,797 119,990 1,824,985 2,094,840 2,147,782 2,214,830 295,886 858,706 2,443,668 3,073,536 33 - - 778,859 1,114,408 40,000 54,600 40,000 54,600 61,886 74,498 29,200 32,800 101,886 129,098 848,059 1,201,808 34 35-122 -

(i) (ii) ( ) ( ) (iii) (iv) (v) 4,777,981 4,114,966 63 707 4,778,044 4,115,673 ------------ ------------ 12,154,361 8,907,410 19,952 25,850 12,174,313 8,933,260 ------------ ------------ 5,941,589 3,879,846 9,753,690 8,288,481 15,695,279 12,168,327 ------------ ------------ 13,692,352 10,834,580-123 -

846,488 800,070 14,538,840 11,634,650 ----------- ------------ 2,836,250 1,830,338 3,452,657 3,520,710 6,288,907 5,351,048 ------------ ------------ (14,072,850) (12,635,818) ------------ ------------ 39,402,533 29,567,140 4,378,130 3,843,129 9,610,613 7,720,287 3,861,757 2,762,850 11,807,416 9,505,466 2,351,166 1,410,465 32,009,082 25,242,197 373,643 249,461 2,475,354 1,143,979 2,034,823 1,088,483 1,294,503 823,683 476,654 394,880 6,654,977 3,700,486 36 1 (2004 ) - 124 -

236,371 202,984 ( )/ (21,860) 7,229 83,058 (19,376) 5,314 (73,611) (18,921) (17,584) 107,218 99,642-125 -

C. (i) (ii) (iii) (iv) (v) 3,971,265 1,385,556 (i) 18,717 6,187 iii 26,760 26,760 (iv) 3,498 3,498 v (45,805) (18,858) - 126 -

(3,332) (1,453) * 3,971,103 1,401,690 18,902,281 15,507,016 i 83,025 64,308 (ii) (44,887) (44,887) (iii) (317,439) (344,199) (iv) (132,861) (136,359) (v) (80,605) (34,800) 7,475 10,807 * 18,416,989 15,021,886 * - 127 -

D. (a) 365,258,000 365,258,000 362,785,000 (b) (c) 1,576,330,000 (d) (e) 142 ( 142 ) 142 142 142 40,344,000 26,896,000 2,549,000 3,398,000-128 -

(f) 4,146,065,000 ( 1,568,439,000 ) 7,200,000,000 ( 7,200,000,000 ) 100 (g) 123R 123 -- 123R 123R 123R 123R 123R 123R 151 151 -- 151 151 151 151 (h) 1.00 8.277 479,793 3,971,103 1,401,690 (a) 299 2,473 37,054 (b) 2,623 21,707 21,703 (c) 15,707 129,995 129,995 (d) 4,451 36,841 7,045 (e) 1,625 13,448 13,448 (e) (103) (849) (13,126) - 129 -

(3,462) (28,653) (29,370) 500,932 4,146,065 1,568,439 (f) 0.070 0.576 0.218 (f) 6.958 57.584 21.784 2,225,215 18,416,989 15,021,886 (a) (2,473) (b) (21,707) (c) (7,675) (63,521) (193,516) (d) 10,777 89,200 52,359 (e) 4,875 40,344 26,896 (e) 308 2,549 3,398 (465) (3,852) 24,801 2,233,035 18,481,709 14,911,644 15% - 130 -

- 131 -