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1 China United Telecommunications Corporation Limited 2 600050 3 18 6 88 40 200121 021-50477288 021-50471778 http://www.chinaunicom-a.com ir@chinaunicom-a.com 4 5 88 40 200121 021-50477288 021-50471778 laojh@chinaunicom.com.cn 88 40 200121 021-50477288 021-50471778 zhaoyl@chinaunicom-a.com 2
6 www.sse.com.cn 88 40 7 2001 12 31 100000100362622 110101710929383 110101710929383000 333 12 2003 2003 6 30 2002 12 31 2002 12 31 1 23,628,713,969 32,129,535,844 32,129,535,844 43,713,379,924 47,221,266,008 47,221,266,008 141,511,260,142 149,949,102,922 150,294,143,696 38,196,902,458 36,721,160,087 36,892,733,728 1.94 1.86 1.87 2 1.53 1.41 1.45 2 3
3 2003 1-6 2002 1-6 20021-6 1 1,302,560,426 923,233,114 877,886,012 1,550,003,668 934,861,538 901,505,550 12,544,042,008 6,997,813,844 6,997,813,844 % 3.41 3.68 3.48 % 3.47 3.74 3.54 2 0.07 0.06 0.06 2 0.07 0.06 0.06 1:, 2 2002 9 25 50 2002 630 14,696,596,395 20021231 19,696,596,395 3 2002 10 11 A BVI BVI 51.00% 73.84% -600,738,562 14,860,188-34,708,314 3,345,000 186,199,206 183,599,240-247,443,242 4
2002 9 51,800 15 ( ) ( ( ) 2800 3500 50 12 50 18 2002 10 9 450,469 6
14,693,996,395 74.60 14,693,996,395 73,874,854 87,600,207 0.44 87,600,207 55,055,233 87,361,757 0.44 87,361,757-28,261,732 84,370,000 0.43 84,370,000 23,896,546 75,859,973 0.39 75,859,973 8,214,819 67,000,000 0.34 67,000,000 49,075,090 63,535,508 0.32 63,535,508 54,389,158 61,604,977 0.31 61,604,977 36,718,449 50,901,790 0.26 50,901,790 18,317,261 49,992,302 0.25 49,992,302 6 2003 5 9 2003 5 13 BVI, BVI 77.47 2002 12 31 BVI 100
13.3 BVI, 1. CDMAGSM CDMA 993.1 6,964.1 33.1% 34.2% 41.5% GSM 5,346.5 619.8 5,966.3 3,165.4 2,800.9 44.4% 46.9% GSM 574.5 40.1%GSM (MOU)168.7, 165.5 3.2 MOU 221.6 MOU 106.1 ARPU 58.9 67.3 8.4 ARPU68.4 ARPU47.6 CDMA 624.5 373.3 997.8 CDMA 169.4 17 CDMA (MOU)349.5, 328.1 21.4 ARPU 148.7 172.2 23.5 U-Max E CDMA 1X UNI-INFO 117.0 26.8 CDMA 1X 60 2. 86.8 52.0% 11.6% 13.2% PSTN 33.9 16.5% 11.5% 12.3%IP 52.8 88.6% 11.7% 13.9% 8.6 36.5% 15,602 7
2Mbps ATM FR 4,797 2Mbps IP 2,227 729.2 975.4 33.8% 3.7 971.7 (IDC) (VPN) (VPDN) 3. 1,302.5 1,768.2 465.7 26.3% 1,518.0 7.9 4. 52.2 11.3 CDMA CDMA1X 5. U-Max 133 UNI-INFO GSM CDMA CDMA 57,302 UNI-CRM 1001 289.3 78.8% 260.4 104.1% 78.9% 90.0%( 52.4) GSM 190.5 53.4%CDMA 69.9 19.4 21.4 13.3% 7.4% 7.5 41.1% 7.9% 2.6% 8
EBITDA 129.4 44.5% EBITDA 55.3% 44.7% GSM EBITDA114.9 53.4%EBITDA 64.2% 63.3% 37.9 23.1% 31.9 4.7% GSM 39.1 7.8 9.1 ( 5.3 )CDMA 5.9 5.3 13.0 48.4% 0.066 10.7% BVI 44.4%EBITDA 17.9% GSM EBITDA 17.1% 41.2% 81.4 9.3 35.5 8.6 21.6 15.7 GSM CDMA GSM GSM GSM CDMA CDMA CDMA 133 CDMA GSM 9
1 2 511 11 24 3. 4 2002 2002 2003 5 9 2003 6 10 2003 6 13 2003 6 16 2003 6 26 () 1 348,509,815 ; 2 96,699,518 ; 1 640,956,661 ; 2CDMA 1,548,493,333 1 10
2 3 2001 12 25 20031 1 6 30 / 1/2 32 28 1/3 13 28 1/11 4 5 2002 12 1/21 5 4 2003 1 2/21 25 9 2003 2 3/21 20 32 4/2 21 27 2002 4/2 2002 4/2 21 25 2002 4/2 23 27 4/5 9 4 2003 3 4/22 13 66 2003 4/30 55 56 2002 5/13 20 12 2003 4 5/20 9 12 6/10 16 12 2003 5 6/20 24 9 http://www.chinaunicom-a.com 11
(2003 6 30 ) 2003 6 30 2003 6 30 2002 12 31 2002 12 31 (1) 12,022,026,138 19,291,387,964 108,081,650 32,685,250 (2) 200,904,159 173,340,539 - - 39,226,042 33,946,512 - - - - - 718,048,293 (38) 17,489,378 37,779,988 - - (3) 5,127,840,026 5,378,373,783 - - (4) 2,722,350,821 2,512,698,390 472,218 55,296,327 (5) 931,827,222 805,755,625 - - (6) 1,876,634,813 3,229,903,489 - - (7) 690,415,370 665,850,985 - - - 498,569 - - 23,628,713,969 32,129,535,844 108,553,868 806,029,870 (8) (2) 1,754,287,191 1,791,698,104 38,176,402,713 36,867,761,166 1,647,527,861 1,682,236,175 - - (9) 127,417,669,834 121,815,979,714 2,588,661 - (9) (41,518,899,942) (34,295,678,049) (138,698) - (9) 85,898,769,892 87,520,301,665 2,449,963 - (9) (998,482,899) (472,812,686) - - (9) 84,900,286,993 87,047,488,979 2,449,963 - (10) 2,748,876,630 3,309,337,358 - - (11) 18,702,493,937 15,972,645,693 - - 106,351,657,560 106,329,472,030 2,449,963 - (12) 545,835,389 564,707,940 - - (13) 7,283,198,319 7,708,841,465 - - 7,829,033,708 8,273,549,405 - - (41)(b) 1,947,567,714 1,769,888,313 - - 141,511,260,142 150,294,143,696 38,287,406,544 37,673,791,036 12
(2003 6 30 ) 2003 6 30 2002 12 31 2003 6 30 2002 12 31 (14) 10,065,366,097 9,870,627,000 - - (15) 1,740,657,618 4,135,846,207 - - (16) 13,324,253,053 14,374,303,988 - - (17) 5,580,231,651 6,247,899,393 - - (18) 758,724,244 612,472,773 - - 7,978,002 9,591,352 - - (19) 11,216,538 1,253,368,753-703,168,491 54,834,282 124,698,259 - - (20) 1,291,831,319 1,168,854,348 81,806,137 62,847,902 15,548,767 18,319,706 - - (21) (3) 4,055,212,908 3,702,044,129 5,518,954 14,391,821 (22) 422,117,194 215,405,112 - - (23) 6,376,891,596 5,476,789,073 - - 8,516,655 11,045,915 - - 43,713,379,924 47,221,266,008 87,325,091 780,408,214 (24) 30,137,212,219 37,686,161,016 - - (25) 100,019,297 100,810,628 - - 13,358,594 12,998,571 - - 30,250,590,110 37,799,970,215 - - (41)(b) 3,178,997 649,094 3,178,995 649,094 73,967,149,031 85,021,885,317 90,504,086 781,057,308 (27)(a) 29,347,208,653 28,379,524,651 - - (28) 19,696,596,395 19,696,596,395 19,696,596,395 19,696,596,395 (29) 14,209,355,782 14,207,747,478 14,209,355,782 14,207,747,478 (30) 406,664,010 406,664,010 406,664,010 406,664,010 (30) 105,971,330 105,971,330 105,971,330 105,971,330 (31) 3,884,286,271 2,581,725,845 3,884,286,271 2,581,725,845 38,196,902,458 36,892,733,728 38,196,902,458 36,892,733,728 141,511,260,142 150,294,143,696 38,287,406,544 37,673,791,036 13
( 2003 6 30 6 ) 6 30 6 2003 2002 2003 2002 (32) 28,933,730,151 16,178,104,433 - - (33) (13,498,272,621) (8,142,191,885) - - (34) (862,855,136) (498,849,469) - - 14,572,602,394 7,537,063,079 - - (35) (109,709,907) (124,101,541) - - (36) (6,737,894,939) (2,106,148,328) - - (37) (4) (2,716,623,563) (1,516,130,325) (2,391,711) - (38) (1,214,825,857) (709,687,948) 448,795 - /( ) 3,793,548,128 3,080,994,937 (1,942,916) - (39) (5) (6,069,750) 26,907,069 1,307,033,243 877,886,012 (40)(a) 13,945,198 29,022,104 - - (40)(b) (614,683,760) (94,620,197) - - 3,186,739,816 3,042,303,913 1,305,090,327 877,886,012 (41) (917,698,740) (818,063,892) (2,529,901) - (27)(b) (966,480,650) (1,346,354,009) - - 1,302,560,426 877,886,012 1,302,560,426 877,886,012 6 30 6 2003 2002 2003 2002 1. (39) 3,345,000 - - - 2. - - - - 3. - (45,347,102) - (45,347,102) 4. - - - - 5. - - - - 6. - - - - 14
2003 6 30 6 6 30 6 2003 2002 2003 2002 1,302,560,426 877,886,012 1,302,560,426 877,886,012 2,435,888,250 1,549,868,161 2,435,888,250 1,549,868,161 (31) 145,837,595 58,832,458 145,837,595 58,832,458 3,884,286,271 2,486,586,631 3,884,286,271 2,486,586,631 - - - - - - - - 3,884,286,271 2,486,586,631 3,884,286,271 2,486,586,631 - - - - - - - - (31) 3,884,286,271 2,486,586,631 3,884,286,271 2,486,586,631 15
2003 6 30 6 29,104,640,322-13,172,646 68,061,028 29,117,812,968 68,061,028 (12,563,876,778) - (2,079,861,461) - (1,930,032,721) (7,853,451) - - (16,573,770,960) (7,853,451) 12,544,042,008 60,207,577 8,049,463-85,103,229-128,040,402 718,357,314 (42) 3,120,438,202-3,341,631,296 718,357,314 (10,901,230,727) - (83,856,785) - - - (10,985,087,512) - (7,643,456,216) 718,357,314 - - 8,298,813,463-8,298,813,463 - (14,757,241,715) - (2,591,081,164) (703,168,491) (17,348,322,879) (703,168,491) (9,049,509,416) (703,168,491) - - (4,148,923,624) 75,396,400 16
2003 6 30 6 1. 1,302,560,426 1,302,560,426 966,480,650-7,674,376,232 138,698 854,953,859-25,307,694-50,461,178 - CDMA 2,671,618,903 2,920,008,458 - CDMA 432,605,781 678,043,526 - : CDMA (2,438,487,962) (2,539,986,028) - CDMA (415,752,138) (702,607,911) - 206,712,082 - (14,860,188) - 526,030,057-46,010,447-9,037,943-1,202,517,005 (309,021) 20,929,938 (1,307,033,243) 1,327,960,982 - (175,149,498) 2,529,901 (944,925,090) 54,824,109 (889,819,754) 7,496,707 12,544,042,008 60,207,577 2. - - - - - - 3. (1) 10,317,259,119 108,081,650 (1) (14,466,182,743) (32,685,250) (4,148,923,624) 75,396,400 17
1 2001 12 31 [2001]846 2001 12 28 [2001]1361 BVI BVI 51% 2001 12 31 1000001003626 BVI 14,696,596,395 14,696,596,395 BVI 51% 2000 12 31 22,606,148,300 2001 035 22,644,541,546 [2001]1198 65% 14,693,996,395 99.9823088% 7,912,151,905 1,000,000 0.0044228% 2,600,000 1,400,000 2002 3 17 50 2002 2002 9 13 [2002]106 50 2002 9 25 50 2.30 115 11,260,679,864.59 5,000,000,000 6,260,679,864.59 14,696,596,395 19,696,596,395 14,696,596,395 1 5,000,000,000 1 33,870,828,164.59 19,696,596,395 14,174,231,769.59 18
2002 9 16 [2002]118 2002 10 9 27.5 [2002]168 2002 3 17 BVI 2002 2002 10 11 112.6 BVI 51% 73.84% 2. 2000 2 8 (1) 9 3 9 3 (2) 2000 4 21 2000 6 1998 9 27 4 31 1999 6 99.67% 2003 6 30 30 28 2002 1 8 CDMA 3 19
2002 7 16 8 8 1 2001 6 30 2002 8 1 CDMA 2002 10 23 BVI BVI BVI BVI BVI BVI BVI BVI BVI 2002 11 20 BVI BVI BVI 2002 11 20 2002 12 23 [2002]41 2002 12 31 BVI 48 BVI 2002 12 31 BVI 27.67 48 20.33 8(e) 2003 1 1 20 Unicom 2002 11 20 10 3 10 2002 12 31 BVI 2003 6 30 6 2002 11 20 ( 2002-009 ) 2002 BVI BVI 20
2002 9 22 [2002]17 2003 1 1 2 1 2003 2003 2003 1 1 3 [2002]504 [2003]50 2003 1 1 2003 1 1 2002 1 1 373,159,000 2003 1 1 405,299,000 2003 1 1 405,299,000 2002 114,775,000 BVI 2002 1 1 147,434,000 21
2003 1 1 171,574,000 2003 1 1 171,574,000 2002 45,347,000 2002 12 31 80,448,000 2002 12 31 BVI (8)(e) 2 2003 1 1 2003 2003 2002 2002 1 1 (32) 1 1 1 12 31 2 3 4 5 3 3 6 1 22
7 3 100% 1 100% 8 SIM UIM 9 (1) 20% 20%20% (2) 20%20% 20% 50% 23
(3) 10 10 1 840 3% 2.43%-12.13% 415 3% 6.47%-24.25% 414 3% 6.93%-24.25% 510 11 24
3 12 13 14 15 50 2001 1 1 25
16 1 1 CDMA (a) 1 3 8 (b) 1 3 8 (c) 5 (d) 7 (e) CDMA CDMA 2 1 1 1 17 18 19 26
20 (a) (b) (c) (d) (e) SIM UIM (f) 21 2003 2003 1 1 1 22 (1995)11 1 27
SIM UIM 3% 2 17% 3 (1) 33% 15% 10% 30% 33% 10% [1999]33 30% [1986]97 30% [1993]62 30% 30% 30% [2000]64 (2) [2000]147 3 2001 10 18 [2001]762 (a) 2000 6 1994 [1994]10 (b) 5 28
2001 (c) 2001 1 1 (4) 2002 8 9 [2002]504 (a) 2001 3% (b) 2001 (c) 2001 3% (d) 10 (5) 2002 2003 2 9 2002 [2003]118 [2002]47 [2001]13 15% [2003] 15% [2002]25 15% [2002]68 15% [2002]31 15% [2003]16 2002 11 2003 1 1 29
(6) 2003 2 12 [2003]50 (a) 8 1 1999 5 2000 7 8 1 5 (b) 2003 3% (c) 2003 d 2003 3% 2003 6 30 BVI 73.84-413 BVI 2000 1 31 2000 2 8 2000 4 21-57.20 1,331,371-57.20 38,614,544 BVI - 57.20 11 BVI 2002 10 23 2002 7 16 1998 9 17 1998 11 11 1998 9 30 1992 11 24-57.20 328,936-57.20 6,825,088-57.20 372,000-57.20 386,628-33.68 401,371 20021231 32,112,054,647 6,502,489,453 38,614,544,100 2003 6 30
33.68% 58.88% 2003 6 2002 364,882,700 401,371,188 2000 GSM 2000 9 3 8 1 16.29 14.18 2.11 98.00 80.40 17.60 114.29 94.58 19.71 [2000]174 7 2000 12 31 1 2003 6 30 2002 12 31 - - - 5,411,332 - - 5,789,227-8,233 8.28 68,138 8,079 8.27 66,843-62,365 1.06 66,173 80,550 1.06 85,450 5,545,643 5,941,520 3 - - - 7,123,988,122 - - 6,792,130,317-341,141,500 8.28 2,823,102,386 785,319,524 8.27 6,497,409,508-343,594,956 1.06 364,622,968 1,103,498,353 1.06 1,170,701,398 31
10,317,259,119 14,466,182,743 3 - - - 52,500,000 - - 4,097,680-145,119,798 8.28 1,200,993,165 365,046,731 8.27 3,020,321,310-425,248,638 1.06 451,273,854 1,697,413,735 1.06 1,800,786,231 12,022,026,138 19,291,387,964 2 2003 6 30 2002 12 31 138,535,697 125,832,265 100,287,921 100,287,921 238,823,618 226,120,186 (37,919,459) (52,779,647) 200,904,159 173,340,539 2003 6 30 6 2003 1 1 2003 6 30 27,612,451 596,859 (9,476,690) 18,732,620 25,167,196 - (5,980,357) 19,186,839 52,779,647 596,859 (15,457,047) 37,919,459 2003 6 30 1.20 2002 12 31 0.98 2003 6 30 0.81 2002 12 31 0.75 2003 6 30 3 2003 6 30 2002 12 31 7,639,381,758 7,141,969,825 (2,511,541,732) (1,763,596,042) 5,127,840,026 5,378,373,783 2003 6 30 2002 12 31 (%) (%) 3,367,871,028-3,241,956,069 - -3 1,450,175,754 (51,378,075) 1,775,076,382 (210,261,954) 32
3-12 1,439,969,809 18.85 (1,380,159,750) 1,238,548,950 17.34% (1,013,792,691) 1-2 890,897,806 11.66 (745,376,774) 691,469,373 9.68% (448,506,113) 2-3 403,571,974 5.28 (268,032,153) 120,309,407 1.68% (35,983,810) 3 86,895,387 1.14 (66,594,980) 74,609,644 1.06% (55,051,474) 7,639,381,758 100.00%(2,511,541,732) 7,141,969,825 100.00% (1,763,596,042) 2003 6 30 (2)(c) 5% 5% 2003 6 30 7.50 2002 12 31 11.03 9.82%2002 12 31 15.45% 3 1 2003 6 30 6 1.02 2002 3 4 2003 6 30 2002 12 31 2,856,712,986 2,571,219,097 (134,362,165) (58,520,707) 2,722,350,821 2,512,698,390 2003 6 30 2002 12 31 (%) (%) 1 2,195,826,457 76.87% (13,646,233) 1,996,274,714 77.64% (22,828,047) 12 430,181,823 15.06% (10,896,140) 417,564,355 16.24% (6,139,099) 23 96,464,632 3.38% (5,898,553) 111,028,542 4.32% (7,340,066) 3 134,240,074 4.69% (103,921,239) 46,351,486 1.80% (22,213,495) 2,856,712,986 100.00% (134,362,165) 2,571,219,097 100.00% (58,520,707) 2003 6 30 2002 12 31 55,091,601 85,184,871 405,035,981 519,240,066 33
790,117,342 638,501,017 (2)(c) 613,014,440 482,983,743 993,453,622 845,309,400 2,856,712,986 2,571,219,097 2003 6 30 (2)(c) 5% 5% 2003 6 30 12.37 2002 12 31 11.64 43.30%2002 12 31 45.26% 2003 6 30 3 7,800 2003 5 2003 6 3 3,147 2002 12 31 3,820 1998 5 2003 6 30 2002 12 31 1 907,867,459 97.43% 786,013,855 97.55% 1-2 21,370,119 2.29% 17,922,626 2.22% 2-3 2,589,644 0.28% 1,819,144 0.23% 931,827,222 100.00% 805,755,625 100.00% 2003 6 30 5% 5% 1 1 6 2003 6 30 2002 12 31 903,845,673 2,373,895,024 141,379,589 152,379,789 SIM UIM 803,383,614 673,779,117 43,649,182 42,720,210 35,090,694 31,655,177 90,541,022 71,421,439 34
2,017,889,774 3,345,850,756 (141,254,961) (115,947,267) 1,876,634,813 3,229,903,489 2003 6 30 CDMA 8.5 2002 12 31 23.5 7 2003 1 1 2003 6 30 96,564,137 169,516,996 (151,971,057) 114,110,076 13,131,050 14,446,376 (15,230,712) 12,346,714 CDMA 508,595,866 415,752,138 (432,605,781) 491,742,223 47,559,932 102,892,401 (78,235,976) 72,216,357 665,850,985 702,607,911 (678,043,526) 690,415,370 CDMA CDMA 6 2 CDMA (i) (ii) (iii) CDMA 2 2003 6 30 6 31.04 2002 0.66 2003 6 30 57.33 2002 12 31 59.83 (13) 52.41 2002 12 31 54.74 1 4.92 2002 12 31 5.09 1 2003 6 30 21.90 2002 12 31 27.75 CDMA 3 12 35
8 2003 6 30 2002 12 31 (a) 30,767,000 30,767,000 (b) 853,228 853,228 (c) 24,184,539 24,184,539 (d) 78,393,174 81,095,773 (e) 1,647,527,861 1,682,236,175 1,781,725,802 1,819,136,715 (a) (650,000) (650,000) (c) (21,223,611) (21,223,611) (d) (5,565,000) (5,565,000) (27,438,611) (27,438,611) 1,754,287,191 1,791,698,104 2003 6 30 (a) 4,500,000 0.19% 5,120,000 3,850,000 0.74% 4,450,000 1,053,000 0.19% 1,695,000 308,550 0.21% 852,000 607,602 0.34% 650,000 270,400 0.09% 500,000 5,000,000 0.09% 17,500,000 30,767,000 2003 1 1 2003 6 30 5,120,000 - - 5,120,000 4,450,000 - - 4,450,000 1,695,000 - - 1,695,000 852,000 - - 852,000 650,000 - - 650,000 500,000 - - 500,000 17,500,000 - - 17,500,000 30,767,000 - - 30,767,000 2003 1 1 2003 6 30 - - - - - - - - - - - - 36
- - - - 650,000 - - 650,000 - - - - - - - - 650,000 - - 650,000 2003 1 1 2003 6 30 5,120,000 - - 5,120,000 4,450,000 - - 4,450,000 1,695,000 - - 1,695,000 852,000 - - 852,000 - - - - 500,000 - - 500,000 17,500,000 - - 17,500,000 30,117,000 - - 30,117,000 (b) 2003 6 30 2002 12 31 1992 11 20 500,000 100% 100% 1994 11 24 5,000,000 100% 100% 2003 1 1 2003 6 30 500,000 5,000,000-5,500,000 353,228 (5,000,000) - (4,646,772) 853,228 - - 853,228 2002 8 2002 9 2003 5 2003 6 2003 6 30 (c) 2003 6 30 2002 12 31 1997 7 8 30.00% 30.00% 1993 4 23 37.50% 37.50% 2000 8 30 22.50% 22.50% 1997 10 16 40.00% 40.00% 1999 1 12 48.00% 48.00% 1999 4 5 33.00% 33.00% 2003 6 30 2002 12 31 - - - - 37
- - 1,756,493 1,756,493 1,204,435 1,204,435 - - 2,960,928 2,960,928 (d) 2003 6 30 2002 12 31 1993 5 1 6.07% 6.07% 1998 1 5 1998 10 5 7.64% 7.64% 1998 11 30-0.19% 1998 8 10 19.00% 19.00% 1995 10 15.00% 15.00% 1993 5 31 1.20% 1.20% 2003 1 1 () 2003 6 30 25,440,000 - - - 25,440,000 47,200,000 - - - 47,200,000 2,700,000 (2,700,000) - - - 182,270 - - - 182,270 3,390,000 - - - 3,390,000 1,215,000 - - - 1,215,000 968,503 (2,599) - - 965,904 81,095,773 (2,702,599) - - 78,393,174 2003 1 1 () 2003 6 30 - - - - - - - - - - - - - - - - - - - - 3,390,000 - - - 3,390,000 1,215,000 - - - 1,215,000 960,000 - - - 960,000 5,565,000 - - - 5,565,000 2003 1 1 () 2003 6 30 25,440,000 - - - 25,440,000 47,200,000 - - - 47,200,000 2,700,000 (2,700,000) - - - 182,270 - - - 182,270 - - - - - - - - - - 8,503 (2,599) - - 5,904 75,530,773 (2,702,599) - - 72,828,174 (e) (1) 64,827,786 (25,804,801) 39,022,985 10 BVI (2) (38,393,246) 5,758,987 (32,634,259) 10 BVI (2) (215,761,428) 17,494,169 (198,267,259) 10 38
(2) (60,258,225) 3,347,679 (56,910,546) 10 BVI (3) 2,032,561,927 (50,814,048) 1,981,747,879 20 (3) (80,448,303) 2,011,205 (78,437,098) 20 (4) (6,348,307) 1,069,708 (5,278,599) 10 (5) (1,905,824) 190,582 (1,715,242) 10 1,694,274,380 (46,746,519) 1,647,527,861 2003 6 30 6 2003 1 1 2003 6 30 42,264,374 - (3,241,389) 39,022,985 BVI (34,553,921) - 1,919,662 (32,634,259) BVI (209,930,039) - 11,662,780 (198,267,259) (2) (60,258,225) - 3,347,679 (56,910,546) BVI 2,032,561,927 - (50,814,048) 1,981,747,879 (1) (80,448,303) - 2,011,205 (78,437,098) (5,589,105) - 310,506 (5,278,599) (1,810,533) - 95,291 (1,715,242) 1,682,236,175 - (34,708,314) 1,647,527,861 (1) (2) BVI 51% ( ) BVI 2000 12 31 22,606,148,300 3,839 2001 8 21 [2001]035 [2001]1198 2002 10 11 112.6 BVI 22.84% BVI 2002 10 11 22.84% 114.8 2.2 10 2002 373,159,000 2002 114,775,000 2002 146,915,000 2002 BVI 2002 10 11 60,258,000 60,258,000 39
(3) 2002 12 31 BVI 48 BVI BVI 27.67 2003 1 1 20 2002 12 31 80,448,000 80,448,000 (4) 1998 (5) 2002 9 2003 6 30 6 2003 1 1 2003 6 30 9,956,869,918 833,476,608 (10,736,567) 10,779,609,959 105,960,472,441 4,780,514,926 (300,284,752) 110,440,702,615 1,121,507,538 74,429,367 (26,261,085) 1,169,675,820 4,777,129,817 418,843,312 (168,291,689) 5,027,681,440 121,815,979,714 6,107,264,213 (505,574,093) 127,417,669,834 1,042,681,880 345,150,744 (822,897) 1,387,009,727 30,925,785,641 6,818,705,635 (270,274,311) 37,474,216,965 510,581,476 113,273,619 (26,261,085) 597,594,010 1,816,629,052 397,246,234 (153,796,046) 2,060,079,240 34,295,678,049 7,674,376,232 (451,154,339) 41,518,899,942 87,520,301,665 85,898,769,892 472,812,686 526,030,057 (359,844) 998,482,899 87,047,488,979 84,900,286,993 1999 12 31 [2000]88 1.45 2001 6 30 40
9 [2001]72A [2002]133 1.08 2002 12 31 BVI 2003 6 30 6 58.91 2002 77.00 (11) 2003 6 30 1.88 2002 12 31 1.88 3,545 2002 12 31 2,937 2003 6 30 6 608 2002 466 2003 6 30 6 4,601 2002 6,726 2002 12 31 2003 6 30 2003 8% 2003 2003 2003 6 30 2003 6 30 6 5.26 2002 2003 6 30 9.98 2002 12 31 4.73 41
10 2003 6 30 2002 12 31 205,945,262 159,533,018 1,057,709,915 1,419,782,393 2,863,197 2,190,287 1,482,358,256 1,727,831,660 2,748,876,630 3,309,337,358 11 2003 1 1 2003 6 30 15,987,192,80 8,766,460,306 (6,027,574,119) 18,726,078 (14,547, (9,037,943) (23,58 15,972,645,693 18,702,493,9 3.65 2003 6 30 6 4.78%-6.03%2002 5.58%- 6.03% 58.91 2002 77.00 1.36 2002 3.67 2003 6 30 6 700 204 2003 6 30 2,359 2002 12 31 1,455 12 2003 1 1 2003 6 30 448,536,215 - - 448,536,215 308,681,302 23,464,265 (31,643,597) 300,501,970 58,364,935 5,159,394-63,524,329 266,291,787 25,967,417 (266,899) 291,992,305 56,112,416 663,163 (298,264) 56,477,315 1,137,986,655 55,254,239 (32,208,760) 1,161,032,134 2003 1 1 2003 6 30 261,182,558 989,411-262,171,969-49,012,994 12,376,836 (7,977,985) 53,411,845 2-46 42
14,384,968 6,010,776-20,395,744 1-8 56,676,518 23,713,822 (266,899) 80,123,441 3-5 5,657,431 7,370,333 (298,264) 12,729,500 3-8 386,914,469 50,461,178 (8,543,148) 428,832,499 186,364,246 - - 186,364,246 (0) 564,707,940 545,835,389 2001 6 30 [2001]72A [2002]133 5,784 2002 12 31 BVI 1998 17.01 12.61 2002 12 31 1.86 13 2003 1 1 2003 6 30 992,738,464 100,571,877 (12,370,722) 1,080,939,619 412,692,332 926,189 (20,892,655) 392,725,866 568,099,798 3,629,362 (33,208,294) 538,520,866 1,628,849,931 - - 1,628,849,931 CDMA (7) 7,302,546,263 2,438,487,962 (32,049,061) 9,708,985,164 548,772,286 67,096,347 (9,277,542) 606,591,091 11,453,699,074 2,610,711,737 (107,798,274) 13,956,612,537 2003 1 1 2003 6 30 413,465,385 87,845,581 (12,370,722) 488,940,244 1-8 205,461,994 34,152,077 (20,892,655) 218,721,416 1-8 423,729,059 46,558,578 (33,208,294) 437,079,343 1-5 641,624,470 116,346,425-757,970,895 3 CDMA (7) 1,828,381,531 2,671,618,903 (32,049,061) 4,467,951,373 1-2 232,195,170 79,833,319 (9,277,542) 302,750,947 1-5 3,744,857,609 3,036,354,883 (107,798,274) 6,673,414,218 7,708,841,465 7,283,198,319 43
14 a) 2003 6 30 2002 12 31 209,000,000 209,000,000 90,000,000 463,000,000 9,766,366,097 8,474,500,000 10,065,366,097 9,146,500,000 2003 6 30 6 4.54%-5.31%2002 3.78%-5.85% 2003 6 30 b) 2003 6 30 2002 12 31-724,127,000 4.54% 2003 2003 6 30 15 2003 6 30 2002 12 31 1,136,463,247 2,550,896,629 604,194,371 1,584,949,578 1,740,657,618 4,135,846,207 1 44
16 2003 6 30 2002 12 31 GSM SIM 7,191,480 62,156,394 CDMA UIM 762,181,704 1,328,769,742 68,659,561 77,864,318 288,453,884 382,288,748 10,115,568,115 10,798,254,359 1,019,704,449 767,657,356 782,061,976 460,419,931 280,431,884 496,893,140 13,324,253,053 14,374,303,988 2003 6 30 (2)(c) 5% 2003 6 30 3 1.63 2002 12 31 1.50 1998 17 2003 6 30 5% 2003 6 30 1 3,506 2002 12 31 9,173 1 18 2003 6 30 2002 12 31 87,282,618 78,182,112 276,014,428 159,789,842 395,427,198 374,500,819 758,724,244 612,472,773 2003 6 30 19 2003 6 30 2002 12 31 - - 524,575,671-92,820-178,500,000-282,799,600 45
BVI - - 254,451,707 7,197,900 8,929,717 2,922,000 2,922,000 629,102 629,702 467,536 467,536 11,216,538 1,253,368,753 20 2003 6 30 2002 12 31 10%, 15%, 30%33% 1,071,858,317 886,591,884 3% 183,327,451 267,898,126 1.2% 12% 3,821,646 1,374,592 7% 2,541,435 4,002,441 20% 26,811,686 - ( ) 17% (10,684,836) (21,071,807) - 14,155,620 30,059,112 1,291,831,319 1,168,854,348 21 2003 6 30 2002 12 31 (2)(c) 1,538,446,747 1,418,000,685 887,548,088 784,155,971 116,235,410 117,223,124 74,135,324 67,539,136 160,754,074 148,212,825 131,221,219 150,491,832 78,249,892 113,806,299 1,068,622,154 902,614,257 4,055,212,908 3,702,044,129 2003 6 30 (2)(a) 2003 6 30 (2)(c) 5% 2003 6 30 3 1.06 2002 12 31 1.12 1998 46
22 2003 6 30 2002 12 31 48,516,888 17,314,687 272,523,685 146,649,067 48,719,812 18,340,982 52,356,809 33,100,376 422,117,194 215,405,112 23 2003 6 30 2002 12 31 (24) 6,355,286,221 5,459,504,773 (25) 21,605,375 17,284,300 6,376,891,596 5,476,789,073 24 2003 6 30 2002 12 31 15,805,221,830 24,627,646,062 10,034,189,076 9,164,404,581 10,653,087,534 9,353,615,146 36,492,498,440 43,145,665,789 1 1 (6,355,286,221) (5,459,504,773) 1 30,137,212,219 37,686,161,016 2003 6 30 1 2,906,412,493 3-6 4.94%-5.58% 106,412,493 150,069,750 3-5 5.02%-5.58% - 50,000,000 4 5.02% - 1,351,728,400 4-8 4.94%-5.32% 120,000,000 1,190,045,000 4-5 5.02%-5.58% 775,000 4,630,443,350 3-7 4.94%-5.73% 580,000,000 80,000,000 3 5.02%-5.58% - 2,660,754,500 3-6 4.78%-5.94% 590,754,500 3,528,235,249 3-7 4.78%-6.03% 35,361,730 4,565,403,000 3-7 5.02%-5.94% 948,403,000 935,302,930 5 5.02% - 575,000,000 3-5 4.94%-5.58% 50,000,000 477,000,000 2-5 4.94%-5.64% 145,000,000 20,000,000 5 5.02% - 47
200,247,050 3-5 4.94%-5.02% - 2,566,977,083 3-5 4.94%-5.58% 762,213,863 860,288,135 2-5 4.94%-5.58% 402,898,135 6,692,012,500 4-7 5.58%-5.76% 1,856,012,500 1,530,000,000 5-7 5.02%-5.76% 150,000,000 35,000,000 3 5.64% 35,000,000 500,775,000 3-5 5.58% 775,000 150,000,000 3 4.94%-5.94% 50,000,000 521,680,000 3 5.49% 521,680,000 100,000,000 3 5.22% - 20,000,000 3 4.94% - 100,000,000 5 5.02% - 15,000,000 3 4.94% - 80,124,000 5 6.03% - 36,492,498,440 6,355,286,221 2003 6 30 78.62 2002 12 31 91.64 (1) 154.85 2002 12 31 243.08 25.15 2002 12 31 34.71 (2) 3.2 2002 12 31 3.2 25 2003 6 30 (2) 2003 6 30 2002 12 31 1 21,605,375 17,284,300 12 8,642,150 8,642,150 23 8,642,150 8,642,150 3 167,448,831 171,769,906 206,338,506 206,338,506 1 (21,605,375) (17,284,300) (84,713,834) (88,243,578) 26 100,019,297 100,810,628 (a) 48
2003 630 6 19.0%2002 19.0% 2%-6% 2002 6 2003 6 30 6 30 6 151,245,000 88,733,000 (b) 10% 1998 2001 1998 12 31 1 2 1 40% 30% 3 2000 9 6 [2000]295 2001 1 7 < > [2001]5 2002 6 30 1998 12 31 2002 6 30 2003 6 30 6 2003 9,072 2002 1.71 2002 2003 6 30 49
27 (a) 50 2003 6 30 2002 12 31 (1) 13,630,399,556 13,172,661,296 15,150,277,223 14,641,543,324 566,531,874 565,320,031 29,347,208,653 28,379,524,651 (b) 2003 6 2002 6 30 6 30 6 457,168,334 841,614,727 508,100,473 499,510,800 1,211,843 5,228,482 966,480,650 1,346,354,009 2003 6 30 BVI 26.16% 28 2003 6 30 6 2003 1 1 2003 6 30 14,696,596,395 - - 14,696,596,395 2,250,000,000 - (1,732,000,000) 518,000,000 16,946,596,395 - (1,732,000,000) 15,214,596,395 2,750,000,000 1,732,000,000-4,482,000,000 19,696,596,395 1,732,000,000 (1,732,000,000) 19,696,596,395 2002 9 17 2002 9 20 1,732,000,000 6 2003 4 9 2003 4 4 2003 6 30
22,606,148,300 14,693,996,395 74 1,000,000 650,000 0 1,000,000 650,000 0 1,000,000 650,000 0 1,000,000 650,000 0-11,500,000,000 5,000,000,000 2 34,110,148,300 19,696,596,395 100 29 2003 1 1 2003 6 30 7,913,551,905 - - 7,913,551,905 6,280,400,251 - - 6,280,400,251 3,743,618 1,426,315-5,169,933 10,051,704 181,989-10,233,693 14,207,747,478 1,608,304-14,209,355,782 65% 2002 2003 6 30 6 161 2002 63 30 2002 1 1 - - 88,750,019 88,750,01 - (31) 14,743,400 7,371,700-22,115,10 2002 1 1 14,743,400 7,371,700 88,750,019 110,865,11 2002 1 194,785,297 97,392,648-292,177,94 - (31) 2,413,964 1,206,982-3,620,94 2002 12 31 211,942,661 105,971,330 88,750,019 406,664,01 2003 2 - - - 2003 6 30 211,942,661 105,971,330 88,750,019 406,664,01 1 2003 4 1 2002 2002 10% 50% 51
25% 2002 5% 2 2003 6 30 6 31 2002 1 1 1,549,868,161 (1) 147,434,000 (30) (14,743,400) (30) (7,371,700) (66,486,442) 58,832,458 2002 1 1 1,608,700,619 2002 1,947,852,967 (194,785,297) (97,392,648) (703,168,491) 2002 (1) 24,139,641 (30) (2,413,964) (30) (1,206,982) 2002 12 31 2,581,725,845 2003 1,302,560,426 2003 6 30 3,884,286,271 2003 4 1 2002 2002 10 5 2002 12 31 10 0.357 7.03 2003 5 9 32 2003 6 2002 6 30 6 30 6 21,799,346,744 11,809,545,058 5,713,375,090 3,384,252,465 1,387,401,101 1,224,439,610 629,820,369 470,798,498 1,981,216,984 557,253,054 31,511,160,288 17,446,288,685 (2) (2,577,430,137) (1,268,184,252) 52
28,933,730,151 16,178,104,433 33 2003 6 2002 6 30 6 30 6 1,952,209,009 736,960,775 1,176,636,916 722,718,880 7,822,897,262 5,085,458,237 608,689,972 280,095,376 379,036,888 248,005,921 1,558,802,574 1,068,952,696 13,498,272,621 8,142,191,885 34 2003 6 2002 6 30 6 30 6 3% 842,278,679 494,919,034 7% 20,576,457 3,930,435 862,855,136 498,849,469 35 (a) 2003 6 2002 6 30 6 30 6 1,290,336,518 1,017,455,677 82,099,570 46,105,615 1,372,436,088 1,063,561,292 (b) 2003 6 2002 6 30 6 30 6 1,401,982,459 1,127,241,856 80,163,536 60,420,977 1,482,145,995 1,187,662,833 53
(c) 2003 6 2002 6 30 6 30 6 (111,645,941) (109,786,179) 1,936,034 (14,315,362) (109,709,907) (124,101,541) 36 2003 6 2002 6 30 6 30 6 247,235,576 163,174,360 2,888,982,180 1,613,583,870 (7)(13) 3,104,224,684 65,795,986 497,452,499 263,594,112 6,737,894,939 2,106,148,328 37 2003 6 2002 6 30 6 30 6 902,496,391 444,412,543 145,366,275 43,309,362 150,329,703 145,560,467 854,953,859 526,020,158 25,307,694 2,821,440 32,887,302 29,729,029 25,779,993 16,066,560 343,783,485 192,996,972 235,718,861 115,213,794 2,716,623,563 1,516,130,325 38 2003 6 2002 6 30 6 30 6 1,279,064,972 972,277,020 (87,675,699) (123,500,586) 1,191,389,273 848,776,434 (105,218,693) (266,657,920) (1,015,414) 21,017,721 116,346,425 101,293,413 13,324,266 5,258,300 1,214,825,857 709,687,948 2003 6 30 1,749 2002 12 31 3,778 54
39 2003 6 2002 6 30 6 30 6 7,902,277 1,569,041 14,860,188 15,176,796 1,814,000 1,098,344 717,099-3,345,000 - - 8,994,594 (34,708,314) 68,294 (6,069,750) 26,907,069 40 (a) 2003 6 2002 6 30 6 30 6 772,552 6,341,426 13,172,646 22,680,678 13,945,198 29,022,104 (b) 2003 6 2002 6 30 6 30 6 46,782,999 73,597,800 526,030,057 2,984,098 9,037,943-14,951,963 3,291,868 605,813 173,388 413,985 1,724,963 16,861,000 12,848,080 614,683,760 94,620,197 41 55 2003 6 2002 6 30 6 30 6 1,092,848,238 337,394,088
(1) - 114,774,603 (175,149,498) 365,895,201 917,698,740 818,063,892 (a) 2002 6 2003 6 30 6 30 6 3,186,739,816 3,042,303,913 1,051,624,139 1,003,960,291 45,087,413 72,502,029 (1) (21,127,409) (72,369,772) (2) (157,885,403) (186,028,656) 917,698,740 818,063,892 (1) (2) (1) (3)(1) 2 40% (b) 2003 6 30 6 1,769,888,313 177,679,401 1,947,567,714 649,094 2,529,903 3,178,997 56
(c) 2003 6 30 2002 12 31 (1) 235,858,734 275,517,046 (2) 319,725,413 471,657,171 (3) 294,781,008 111,862,363 (3) 6,009,259 6,473,550 (3) 30,338,928 58,888,957 (4) 16,739,633 38,672,704 (5) 718,309,812 485,747,304 (6) 12,178,251 17,661,513 (3) 39,675,412 31,260,478 (7) 124,595,903 171,090,505 (8) 34,695,612 19,633,584 114,659,749 81,423,138 1,947,567,714 1,769,888,313 (9) 3,178,997 649,094 3,178,997 649,094 (1) [2000]174 7 [2001]762 (2) [2000]147 2000 2002 8 9 57
[2002]504 2001 2002 [2003]50 2003 (3) (4) (5) 3 () (1) (6) 5 (7) 2001 [2001]762 2000 2000 5 2001 5 2003 58
[2003]50 5 (8) 3% [2001]762 [2002]504 2001 3% 10% (9) 42 59 2003 6 30 6 3,120,438,202 GSM CDMA 2002 CDMA ( ) 2000 2000
1 2003 6 30 6 2002 6 30 6 GSM CDMA GSM CDMA 19,053,496,264 6,990,054,234 749,720,073 789,123,857 1,351,335,723 - - 28,933,730,151 12,417,040,222 343,145,126 1,272,112,243 955,784,931 1,190,021,911 - - 16,178,104,433 14,782,193,205 5,216,028,987-624,632,667 1,176,491,885 - - 21,799,346,744 10,036,525,507 253,266,114-545,971,029 973,782,408 - - 11,809,545,058 3,692,929,761 1,606,347,047 409,372,840-4,725,442 - - 5,713,375,090 2,131,266,535 89,434,125 1,155,067,810-8,483,995 - - 3,384,252,465 844,116,466 221,238,088 665,244 150,570,358 170,810,945 - - 1,387,401,101 735,590,038 18,905,166-279,814,907 190,129,499 - - 1,224,439,610 36,914,821-343,018,120 249,887,428 - - 629,820,369 - - - 325,039,932 145,758,566 - - 470,798,498 1,228,777,450 351,912,035 339,681,989 15,731,606 45,113,904 - - 1,981,216,984 392,686,032 6,142,446 117,044,433 5,636,128 35,744,015 - - 557,253,054 20,584,931,703 7,395,526,157 749,720,073 1,133,952,751 1,647,029,604 - - 31,511,160,288 13,296,068,112 367,747,851 1,272,112,243 1,156,461,996 1,353,898,483 - - 17,446,288,685 (1,531,435,439) (405,471,923) (344,828,894) (295,693,881) - - (2,577,430,137) (879,027,890) (24,602,725) - (200,677,065) (163,876,572) - - (1,268,184,252) 19,053,496,26 6,990,054,234 749,720,073 789,123,857 1,351,335,723 - - 28,933,730,151 12,417,040,222 343,145,126 1,272,112,243 955,784,931 1,190,021,911 - - 16,178,104,433 9,490,078 996,983 349,217,970 766,792,825 (1,126,497,856) - - - - 48,987,098 415,550,480 289,369,669 (753,907,247) - - (896,561,518) (209,084,088) (215,173) (9,677,618) 1,115,538,397 - - (746,461,259) (7,445,988) - - - 753,907,247 - - 18,166,424,824 6,781,967,129 749,720,073 1,138,126,654 2,108,450,930 (10,959,459) - 28,933,730,151 11,670,578,963 335,699,138 1,321,099,341 1,371,335,411 1,479,391,580 - - 16,178,104,433 (8,930,400,655) (2,214,868,588) (889,601,071) (383,545,577) (1,091,306,530) 11,449,800 - (13,498,272,621) (5,424,990,644) (597,171,883) (1,102,300,134) (468,609,079) (549,120,145) - - (8,142,191,885) (161,726,424) (1,597,184,688) (44,435,362) (18,448,118) (141,373,876) 10,959,459 - (1,952,209,009) (174,423,426) (384,086,354) (78,003,771) (46,539,284) (53,907,940) - - (736,960,775) (687,835,538) (152,336,573) (131,937,637) (79,650,232) (124,876,936) - - (1,176,636,916) (367,167,515) (50,314,679) (164,988,023) (56,367,519) (83,881,144) - - (722,718,880) (6,296,923,221) (162,655,005) (604,064,298) (147,498,726) (611,756,012) - - (7,822,897,262) (3,798,448,641) (47,621,503) (670,882,098) (279,245,942) (289,260,053) - - (5,085,458,237) (417,713,599) (56,901,442) (28,332,008) (41,208,170) (64,534,753) - - (608,689,972) (187,667,571) (21,768,642) (35,725,281) (21,170,169) (13,763,713) - - (280,095,376) (269,152,938) (41,639,020) (24,958,149) (20,019,847) (23,757,275) 490,341 - (379,036,888) (157,601,910) (19,059,998) (47,417,353) (10,032,499) (13,894,161) - - (248,005,921) (1,097,048,935) (204,151,860) (55,873,617) (76,720,484) (125,007,678) - - (1,558,802,574) (739,681,581) (74,320,707) (105,283,608) (55,253,666) (94,413,134) - - (1,068,952,696) (543,924,427) (187,804,042) (22,788,065) (38,174,720) (70,163,882) - - (862,855,136) (357,766,941) (13,716,986) (41,091,158) (41,360,221) (44,914,163) - - (498,849,469) 8,692,099,742 4,379,294,499 (162,669,063) 716,406,357 946,980,518 490,341-14,572,602,394 5,887,821,378 (275,189,731) 177,708,049 861,366,111 885,357,272 - - 7,537,063,079 492,725,282 672,204,434 306,133,076 368,833 2,379,156 (101,374,693) - 1,372,436,088 389,351,449 103,972,608 921,831,809 - - (351,594,574) - 1,063,561,292 (421,414,641) (867,323,740) (286,114,553) (1,033,732) (5,982,319) 99,722,990 - (1,482,145,995) (481,238,279) (133,918,251) (917,696,571) - - 345,190,268 - (1,187,662,833) (1,912,851,121) (4,349,366,648) (62,778,001) (145,259,869) (269,089,921) 1,450,621 - (6,737,894,939) (1,243,989,649) (212,711,055) (120,826,839) (143,410,528) (385,210,257) - - (2,106,148,328) (1,737,739,930) (407,983,004) (178,405,373) (146,651,759) (206,309,006) - (39,534,491) (2,716,623,563) (934,529,611) (84,887,976) (207,382,721) (105,093,543) (137,711,334) - (46,525,140) (1,516,130,325) (1,177,997,347) (13,274,564) 17,715,649 (53,572,313) (52,261,492) - 64,564,210 (1,214,825,857) (832,296,808) 1,974,500 10,930,607 (62,174,826) (33,161,873) - 205,040,452 (709,687,948) (1,084,257,018) (12,840,567) 13,171,867 (56,428,402) (51,035,153) - - (1,191,389,273) (749,628,178) - - (63,938,976) (35,209,280) - - (848,776,434) 30,720,658 2,686,685 4,532,618 1,168,525 1,775,736-64,334,471 105,218,693 25,884,055 2,938,938 11,901,325 3,321,466 3,309,797-219,302,339 266,657,920 654,727-84,700 13,520 23,416-239,051 1,015,414 (4,151,528) (640,628) (635,728) - (1,334,826) - (14,255,011) (21,017,721) (116,070,227) - (276,198) - - - (116,346,425) (101,017,216) - - (276,197) - - - (101,293,413) (9,045,487) (3,120,682) (73,536) 1,950,242 (3,025,491) - (9,312) (13,324,266) (3,383,941) (323,810) (334,990) (1,281,119) 72,436 - (6,876) (5,258,300) 3,934,821,985 (586,449,023) (366,118,265) 370,257,517 415,716,936 289,259 25,029,719 3,793,548,128 2,785,118,480 (600,759,905) (135,435,666) 550,687,214 329,273,808 (6,404,306) 158,515,312 3,080,994,937 - - 25,802,969 - - - (31,872,719) (6,069,750) - - 24,987,407 - - - 1,919,662 26,907,069 8,852,433 961,694 2,551,966 1,144,175 434,914-16 13,945,198 9,306,638 352,157 9,910,461 857,400 324,215-8,271,233 29,022,104 (33,203,287) (2,242,760) (568,153,462) (1,547,462) (9,371,279) - (165,510) (614,683,760) (9,386,414) (294,583) (83,149,201) (256,790) (1,533,209) - - (94,620,197) 3,910,471,131 (587,730,089) (905,916,792) 369,854,230 406,780,571 289,259 (7,008,494) 3,186,739,816 2,785,038,704 (600,702,331) (183,686,999) 551,287,824 328,064,814 (6,404,306) 168,706,207 3,042,303,913 (917,698,740) (818,063,892) 61
(966,480,650) (1,346,354,009) 1,302,560,426 877,886,012 2 2003 6 30 2002 12 31 100,527,513,915 4,784,668,160 6,620,280,180 14,690,450,956 8,622,745,805-6,265,601,126 141,511,260,142 100,837,904,574 5,796,674,198 8,243,770,464 14,151,081,033 7,289,089,518-13,975,623,909 150,294,143,696 59,370,558,097 5,434,610,707 1,579,996,158 3,656,970,807 3,791,930,308-133,082,954 73,967,149,031 68,558,135,250 5,820,240,085 2,131,454,429 3,973,389,117 3,129,857,389-1,408,809,047 85,021,885,317 62
1 2003 6 30 2002 12 31 108,081,650 32,685,250 2003 6 30 3 2 BVI BVI 2003 6 30 6 2003 1 1 2003 2003 1 1 6 30 (1) 34,120,982,839 60,258,225 34,181,241,064-34,181,241,064 - (26)(b) (66,486,442) (66,486,442) - (66,486,442) - - 171,573,641 171,573,641-171,573,641 3,590,428,059 3,590,428,059 1,290,103,122-4,880,531,181 (718,048,293) (718,048,293) - - (718,048,293) 3,743,618 3,743,618 1,426,315-5,169,933 10,051,704 10,051,704 181,989-10,233,693 - BVI ( (8)(e)) (34,553,921) (34,553,921) - 1,919,662 (32,634,259) - BVI ( (8)(e)) (209,930,039) (209,930,039) - 11,662,780 (198,267,259) - BVI ( (8)(e)) - (60,258,225) (60,258,225) - 3,347,679 (56,910,546) 36,696,187,525 171,573,641 36,867,761,166 1,291,711,426 16,930,121 38,176,402,713 2002 10 11 BVI 22.84% BVI 51% 73.84% 2002 10 11 BVI 114.76 112.61 2.15 (1) 2002 1.47 BVI 63
2002 6 30 6 BVI 4,535 2003 6 30 6 BVI 73.84% BVI 12.9 3 2003 6 30 4 5 2003 6 2002 6 30 6 30 6 1,290,103,122 921,313,452 (2) - (45,347,102) 16,930,121 1,919,662 1,307,033,243 877,886,012 1 (a) BVI BVI (b) 2003 1 1 2003 6 30 16,092,141,706 - - 16,092,141,706 BVI 413,316 - - 413,316 BVI 64
2003 6 30 6 (c) 2003 1 1 2003 6 30 14,693,996,395-14,693,996,395 BVI 305,173-305,173 (d) 0.0033% 0.0033% 0.0033% 95% 2 2003 6 30 6 2002 6 30 6 (a) (1),(3) 473,686,538 682,833,896 (2),(3) 125,176,723 146,065,627 (4) 6,867,233 - (4) 12,440,013 10,355,565 (5) 96,699,518 277,614,386 CDMA (6) 10,774,786 358,740,000 (7) 6,666,345 6,731,507 (b) (9) 16,329,600 31,116,960 (10) 640,956,661 528,574,346 CDMA (11) 1,548,493,333 368,671,447 (12) 9,038,362 8,972,068 (13) 5,241,951 68,916,032 (14) - 5,065,524 (15) 3,369,195-2002 6 30 6 65
2002 12 31 2003 1 1 2003 6 30 6 (1) (2) (3) (4) 2002 10 1 2003 12 31 116 / (5) 10% (6) 2002 5 10 CDMA CDMA CDMA 2003 1 9 2003 1 1 12 120,000 CDMA 2.4 (7) 66
10% (8) Unicom 5 BVI BVI 1 10 (9) 2002 7 10 10% (10) 20% (11) CDMA 21 CDMA (12) 0.03% IP (13) 0.7% 0.5% (14) 20 67
2002 9 (15) 2002 4 23 (16)2001 8 1 2003 6 30 6 (c) 2003 6 30 2002 12 31 286,576,258 701,578,541 218,659,945 189,841,813-6,477,723 7,902,864 4,879,618 39,460,417 2,394,140 613,014,440 482,983,743 335,259,273 417,253,150 322,426,264 181,701,139 58,547,036 46,351,632-12,960,886 136,622,122 275,987,056-3,946,999-724,127,000 60,445,768 285,739,440 659,778,230 257,830,764 27,425,861 49,846,121-12,246,592-5,065,524 1,538,446,747 1,418,000,685 240,509,825 70,316,204 9,436,896 10,411,336 2003 6 30 68
(2)(a)(b) (1) 2003 6 2002 6 30 6 30 6 (i) 665,223,574 260,722,328 (i) 2,313,317,899 1,068,192,354 (ii) 99,272,342 - (ii) 335,955,221 231,461,916 (iii) 3,105,897 8,342,019 (iv) 1,831,729 2,160,445 (i) (ii) (iii) (iv) (2) 69
2003 6 30 2002 12 31 272,730,886 209,504,441 (23,801,842) (29,624,062) 248,929,044 179,880,379 41,124,496 50,578,872 (16,571,133) (19,491,805) 24,553,363 31,087,067 77,618 494,818 1,054,820,327 929,877,141 12,592,896 3,727,409 99,284,996 189,976,270 ( (25)) 206,338,506 206,338,506 6% 2003 6 30 25 (25) CDMA CDMA 9 3 CDMA CDMA 1 1 7 8% 70
8% CDMA CDMA CDMA 2002 1 8 2003 1 8 1 BVI CDMA CDMA 8 CDMA 1,844 2002 12 31 2,348 2003 6 30 (a) 2003 6 30 1,150,670,197 4,450,355,725 5,601,025,922 2003 6 30 2.70 2002 12 31 3.85 (b) 71
2003 6 30 CDMA 2003 214,361,914 182,685,136 1,804,800,00 2,201,847,050 2004 344,071,065 205,026,649 549,097,714 2005 296,271,164 139,107,171 435,378,335 1,276,822,435 401,202,217 1,678,024,652 2,131,526,578 928,021,173 1,804,800,00 4,864,347,751 CDMA 2003 6 30 6 CDMA 2003 18.05 (c) 2003630 CDMA 5.14 2002 12 31 8.70 2003 8 28 2003 8 29 72
BVI 2002 2003 6 30 2002 6 30 6 6 1,302,560,426 877,886,012 2003 4,472,817 - (16,930,121) (1,919,662) BVI 1,290,103,122 875,966,350 BVI 73.84% 51.00% BVI 1,747,271,456 1,717,581,077 BVI 2003 159 - BVI 1,747,271,615 1,717,581,077 BVI 77.47% 77.47% 2,255,372,088 2,217,091,877 (1) (81,641,835) (87,401,214) (2) 116,346,425 101,293,413 (3) (27,025,051) (9,155,488) 2000 3 31 (4) (3,671,584) (2,063,275) (5) (3,966,650) (3,966,650) (5) - (170,570,293) (7) 158,239,401 90,604,699 (8) - 3,676,820 BVI (9) 6,064,671 - (13) (51,001,071) (25,518,007) 16,556,506 22,763,078 129,900,812 (80,336,917) 2,385,272,900 2,136,754,960 2002 10 11 BVI 22.84% BVI 51.00 73.84% 73
2003 2002 6 30 12 31 38,196,902,458 36,892,733,728 (4,000,000) (4,000,000) (19,720,387) (19,720,387) BVI (718,048,293) (718,048,293) 2002 13,627,626 13,627,626 2003 4,472,817-230,901,518 244,483,960 56,910,546 60,258,225 703,168,491 703,168,491 BVI 38,464,214,776 37,172,503,350 BVI 73.84% 73.84% BVI 52,094,614,332 50,345,164,646 BVI 2002 82,644 82,644 BVI 2003 159 - BVI 52,094,697,135 50,345,247,290 BVI 77.47% 77.47% 67,244,974,358 64,986,790,614 (1) 366,102,633 447,744,468 (2) (737,284,011) (853,630,436) (3) (33,489,924) (33,489,924) (3) (24,495,459) 2,529,592 2000 3 31 (4) 137,722,188 141,393,772 (5) 174,160,015 174,160,015 (5) (122,996,318) (119,029,668) (6) 29,046,084 29,046,084 (7) 602,920,951 444,681,550 (8) (24,270,474) (24,270,474) BVI (9) 6,064,671 - (10) 41,498,928 41,498,928 (11) 109,221,155 109,221,155 (12) - 1,255,299,600 (13) 9,329,185 60,330,256 4,004,443 (9,741,408) 537,532,067 1,665,743,510 67,782,508,425 66,652,534,124 (1) 2000 1 1 4 6 7 74
2000 1 1 7 (2) 7 (3) 1998 1999 2001 (4) 2000 3 31 (5) 2001 2000 9 6 [2000]295 [2000]878 2000 2000 9 6 2000 2000 75
2001 [2000]295 2002 6 30 2002 6 30 (6) 1998 5 31 (7) (8) 1999 2000 10 5 7 2001 3 5 2001 (9) BVI 2002 12 31 BVI BVI (10) 76
(11) 2002 12 31 48 BVI 1.09 (12) 2003 4 1 2002 0.1 12.55 2002 12 31 2002 2003 (13) 2 2003 6 30 6 77
(%) / 14,572,602,394 38.15% 38.81% 0.74 0.74 3,793,548,128 9.93% 10.10% 0.19 0.19 1,302,560,426 3.41% 3.47% 0.07 0.07 1,550,003,668 4.06% 4.13% 0.08 0.08 2003 6 30 6 2003 2003 1 1 () 6 30 (1) 1,822,116,749 854,953,859 78,317,764 - (109,484,475) 2,645,903,897 1,763,596,042 849,964,188 - - (102,018,498) 2,511,541,732 58,520,707 4,989,671 78,317,764 - (7,465,977) 134,362,165 (2) 115,947,267 41,004,139 - - (15,696,445) 141,254,961 (3) 52,779,647 596,859 - (15,457,047) - 37,919,459 27,612,451 596,859 - (9,476,690) - 18,732,620 25,167,196 - - (5,980,357) - 19,186,839 27,438,611 - - - - 27,438,611 26,788,611 - - - - 26,788,611 650,000 - - - - 650,000 (4) 472,812,686 526,030,057 - - (359,844) 998,482,899 472,812,686 526,030,057 - - (359,844) 998,482,899 14,547,111 9,037,943 - - - 23,585,054 186,364,246 - - - - 186,364,246 186,364,246 - - - - 186,364,246 ( (4)) (1) 2003 2003 (2) 2002 2003 (3) 2002 2003 78
(4) 2002 2003 30% 30% 5% 5% 10% 10% 2003 6 30 2002 12 31 ( ) % (2) 12,022,026,138 19,291,387,964 (7,269,361,826) (38%) (3) 17,489,378 37,779,988 (20,290,610) (54%) (4) 1,876,634,813 3,229,903,489 (1,353,268,676) (42%) (5) 127,417,669,834 121,815,979,714 5,601,690,120 5% (5) (41,518,899,942) (34,295,678,049) (7,223,221,893) 21% (5) 18,702,493,937 15,972,645,693 2,729,848,244 17% 7,283,198,319 7,708,841,465 (425,643,146) (6%) (6) 10,065,366,097 9,870,627,000 194,739,097 2% (7) 1,740,657,618 4,135,846,207 (2,395,188,589) (58%) (7) 13,324,253,053 14,374,303,988 (1,050,050,935) (7%) (8) 11,216,538 1,253,368,753 (1,242,152,215) (99%) (9) 422,117,194 215,405,112 206,712,082 96% (10) 30,137,212,219 37,686,161,016 (7,548,948,797) (20%) (1)(11) 3,884,286,271 2,581,725,845 1,302,560,426 50% 2003 6 30 2002 6 30 6 6 ( ) % (1)(12) 28,933,730,151 16,178,104,433 12,755,625,718 79% (1)(13) (13,498,272,621) (8,142,191,885) (5,356,080,736) 66% (1) (862,855,136) (498,849,469) (364,005,667) 73% (1)(14) (109,709,907) (124,101,541) 14,391,634 (12%) 79
(1)(15) (6,737,894,939) (2,106,148,328) (4,631,746,611) 220% (1)(16) (2,716,623,563) (1,516,130,325) (1,200,493,238) 79% (1) (1,214,825,857) (709,687,948) (505,137,909) 71% (1)(17) (6,069,750) 26,907,069 (32,976,819) (123%) (1)(18) 13,945,198 29,022,104 (15,076,906) (52%) (1)(19) (614,683,760) (94,620,197) (520,063,563) 550% (1) 2002 12 31 BVI BVI 2003 1 1 BVI (2) (3) (4) CDMA CDMA CDMA (5) (6) (7) 2003 (8) (9) (10) 2003 (11) (12) (1) CDMA (13) (1) CDMA 80
CDMA (14) SIM UIM (15) (1) CDMA (16) (1) (17) (18) (19) 81
82