600556 2004 00
2004...1...2...4...7...11...16...18...20...29...31...34...74 1
2004 1 2 3 1
2004 GUANGNXI BEISHENG PHARMACEUTICAL CO.,LTD. GBP 168 0779-3226233 0779-3226229 E-mail bhzhaomin@163.net 168 0779-3226206 0779-3226229 E-mail yuan-boyun@263.net 168 168 536000 www.bsyy.com.cn bsyy_bh@163.net www.sse.com.cn A A 2
2004 A 600556 5 1993 11 28 88 2004 10 26 168 4500001000958 45050271146694X 2006 3
2004 : : 98,341,143.04 78,228,815.89 78,213,400.49 246,575,053.90 710,552.97 102,954,296.11-730,209.00 0-3,882,944.07 101,209,262.20-5,363,528.91 : : 18,135.77-2,720.37 15,415.40 : : 2003 2002 2004 (%) 402,036,973.26 336,818,992.13 336,818,992.13 19.36 217,372,021.96 217,372,021.96 98,341,143.04 77,177,692.53 77,177,692.53 27.42 43,597,150.12 43,597,150.12 78,228,815.89 57,321,856.06 57,321,856.06 36.47 32,042,370.22 32,042,370.22 78,213,400.49 57,082,804.55 57,082,804.55 37.02 34,429,848.65 34,429,848.65 2003 2002 2004 (%) 1,752,042,824.74 1,420,126,044.21 1,420,126,044.21 23.37 1,275,588,245.33 1,275,588,245.33 917,229,136.62 559,219,881.46 559,219,881.46 64.02 510,818,025.40 501,818,025.40 101,209,262.20 189,833,666.86 189,833,666.86-46.69 90,734,908.47 90,734,908.47 4
2004 2003 2002 2004 (%) ( ) 0.4529 0.4549 0.4549-0.44 0.3560 0.3560 ( 8.53 10.25 10.25-1.72 6.27 6.39 ) (%) 8.53 10.21 10.21-1.68 6.74 6.86 ( ) (%) 0.59 1.51 1.51-60.93 1.01 1.01 ( ) 0.5847 0.4549 0.4549 28.53 0.3560 0.3560 0.4528 0.4530 0.4530-0.04 0.3826 0.3826 ( ) 0.5846 0.4530 0.4530 29.05 0.3826 0.3826 ( ) 12.26 10.73 10.73 1.53 6.36 6.48 % 12.26 10.69 10.69 1.57 6.83 6.94 ( ) (%) 2003 2002 2004 (%) 5.3097 4.4383 4.4383 19.63 5.6758 5.5758 5.2522 4.3448 4.3448 20.88 5.6235 5.5092 5
2004 9 : : % 26.88 38.65 1.43 1.84 11.22 16.14 0.60 0.77 8.53 12.26 0.45 0.58 8.53 12.26 0.45 0.58 : : 126,000,000.00 338,481,657.95 21,194,479.61 7,064,826.55 73,543,743.90 559,219,881.46 46,746,000.00 245,634,439.27 12,622,463.56 4,207,487.85 78,228,815.89 383,231,718.72 25,222,463.56 25,222,463.56 172,746,000.00 584,116,097.22 33,816,943.17 11,272,314.40 126,550,096.23 917,229,136.62 1 2003 12,600 10 5, 4674.6 2 241,290,791.27 4,343,648.00 3 4 5 6
2004 : 1 2 62,433,000 14,962,500 14,962,500 77,395,500 3 4 62,433,000 14,962,500 14,962,500 77,395,500 1 63,567,000 31,783,500 31,783,500 95,350,500 2 3 4 63,567,000 31,783,500 31,783,500 95,350,500 126,000,000 46,746,000 46,746,000 172,746,000 1 : : 2004-09-09 6.37 46,746,000 2004-10-18 31,783,500 2003 126,000,000 10 5 46,746,000 14,005,600 7
2004 956900 31,783,500 46,746,000 2 2004 10 18 126,000,000 172,746,000 62,433,000 77,395,500 49.55% 44.80% 63,567,000 95,350,500 50.45% 55.20% 3 27,870 6 A 27,864 ( ) : ( (%) ) 14,005,600 42,016,800 24.32 28,011,200 0 22,233,960 12.87 16,055,746 7,360,871 7,360,871 4.26 0 6,841,240 3.96 2,870,700 1,656,900 700,000 2.07 1,759,609 1,759,609 1.02 0 1,366,400 0.79 0 1,366,400 0.79 450,000 450,000 0.26 400,000 400,000 0.23 8
2004 1 15,000 1993 1 6 2 8,000 1996 7 16 38.33% 53.75% 3 4 9
2004 5,500 2001-12-24 A B H 7,360,871 A 1,759,609 A 450,000 A 400,000 A 254,800 A 217,500 A 208,750 A 180,000 A 165,870 A 165,100 A 10
2004 : 50 2002-05-11 2005-05-10 0 0 0-40 2002-05-11 2005-05-10 0 0 0-42 2002-05-11 2005-05-10 0 0 0-32 2002-05-11 2005-05-10 0 0 0-32 2004-03-07 2005-05-10 0 0 0-34 2004-03-07 2005-05-10 0 0 0-42 2004-03-07 2005-05-10 0 0 0-74 2002-05-11 2005-05-10 0 0 0-36 2002-05-11 2005-05-10 0 0 0-37 2003-03-31 2005-05-10 0 0 0-39 2003-03-31 2005-05-10 0 0 0-34 2004-10-21 2005-05-10 0 0 0-26 2004-03-07 2005-05-10 0 0 0-40 2002-05-11 2005-05-10 0 0 0-46 2004-10-21 2005-05-10 0 0 0-50 2004-10-21 2005-05-10 0 0 0-40 2002-05-11 2005-05-10 0 0 0-38 2002-05-11 2005-05-10 0 0 0-44 2004-10-21 2005-05-10 0 0 0-1 50 2 40 11
2004 3 42 O 4 32 5 32 6 34 7 42 8 74 9 36 10 37 11 39 12 34 13 26 14 40 12
2004 15 46 16 50 17 40 18 38 19 44 2002-12-27 2003-02-07 2003-12-20 2000-06-03 2002-08-05 13
2004 1 2 3 : : 115 57 36 2 4 14 5 15 2 9 12 5 7 9 3 7 4
2004 1,325 32 1 438 397 262 67 161 2 297 917 111 15
2004 1 5 5 0 0 5 5 0 0 5 5 0 0 5 5 0 0 2 1 2 16
2004 3 4 5 17
2004 2004 2 6 2003 2003 2004 3 7 8 61,741,160 49.00% 1 2003 2 2003 3 2003 4 2004 5 2003 6 7 8 2003 9 10 11 12 13 18
2004 2003 2004 3 9 19
2004 2004 40,203.70 9,834.11 7,822.88 19.36% 27.42% 36.47%, GMP 4 GMP GMP GSP J O 2002 2003 2004 117 2004 10 288,036,791.27 1 20
2004 2 : : (%) (%) 402,036,973.26 100.00 246,575,053.90 100.00 : 38,539.70 0.01 24,170.60 0.01 402,036,973.26 / 246,575,053.90 / / / 402,036,973.26 100.00 246,575,053.90 100.00 3 : : (%) (%) 101,205,477.07 25.17 29,679,204.40 12.04 109,563,599.10 27.25 75,352,865.61 30.56 173,635,321.80 43.19 127,138,942.22 51.56 17,632,575.29 4.39 14,404,041.67 5.84 : 38,539.70 0.01 24,170.60 0.01 402,036,973.26 / 246,575,053.90 / / / 402,036,973.26 100.00 246,575,053.90 100.00 38,539.70 4 : : (%) (%) 87,534,398.39 21.77 51,851,738.26 21.03 94,101,070.83 23.41 57,142,168.65 23.17 70,680,774.77 17.58 44,154,899.83 17.91 73,909,816.99 18.38 47,917,546.17 19.43 75,810,912.28 18.86 45,508,700.99 18.46 : 38,539.70 24,170.60 0.01 402,036,973.26 / 246,575,053.90 / / / 402,036,973.26 100.00 246,575,053.90 100.00 21
2004 5 10% : : (%) 108,041,812.79 23,374,626.47 78.37 86,908,677.08 62,446,970.48 28.15 79,049,918.74 20,897,570.43 73.56 : : 80,000,000.00 420,851,334.33 12,916,802.98 50,000,000.00 82,772,463.10 8,883,910.07 18,872,388.00 25,888,571.35 3,162,383.83 15,000,000.00 15,599,133.22-636,453.51 2004 6 25 22
2004 : : 65,143,157.58 32.72 187,027,609.26 46.52 1 : 1 2 2 1 2 35283.97 33235 2048.97 6.17% 2004 288,036,791.27 213,754,871.47 74,281,919.80 8000 23
2004 : : 9,631 0 12,919 12,527.56 GAP 4,925 2,789.74 4,982 2,347.57 4,296 3,710.61 36,753 / 21,375.48 / / 1 8000 2004 2 4 6480.29 1,510.26 3,429.33 1,378.05 162.65 : : (%) 1,752,042,824.74 1,420,126,044.21 331,916,780.53 23.37 246,575,053.90 206,560,291.21 40,014,762.69 19.37 78,228,815.89 57,321,856.06 20,906,959.83 36.47-5,363,528.91-46,940,919.38 41,577,390.47-88.57 917,229,136.62 559,219,881.46 358,009,255.16 64.02 24
2004 1 2 3 4 5 1 2004 2 4 11 11 1 2003 2 2003 3 2003 2003 4 2003 5 2004 6 2003 7 2004 8 9 10 2003 11 12 13 14 15 16 17 2003 25
2004 2004 2 6 2 2004 4 22 11 11 3 2004 8 9 11 11 2004 4 2004 10 21 11 11 1 2004 2 3 2004 10 25 5 2004 12 27 11 11 1 2 3 4 3 4 2004 12 28 26
2004 1 2003 2003 2003 126,000,000 2004 4 22 10 1.00 12,600,000.00 60,943,743.90 2 2004 2003 126,000,000 10 5 46,746,000 31,783,500 2004 10 18 2004 78,228,815.89 10% 8,414,975.71 5% 4,207,487.85 65,606,352.33 73,543,743.90 2003 12,600,000.00 126,550,096.23 2004 172,746,000 10 1.00 17,274,600.00 109,275,496.23 [2005]183 2004 2003 56 2004 27
2004 2004 12 31 1-173,880.00 173,880.00-2 173,880.00 173,880.00 3 2004 12 31 150,000,000.00 5,000,000.00 15,800,000.00 2004 12 31 1-490,000.00-490,000.00 2 800,000.00 490,000.00 3 2005 4 6 28
2004 2004 1 2004 [2003]56 50% 2 2004 80% 3700 2004 9.17 4.03% 00 2004 2 4 3 3 1 2003 2003 2 2003 2003 3 2003 4 2004 5 6 2003 7 29
2004 8 2004 2 6 2004 4 22 3 3 2004 2004 8 9 3 3 2004 2004 10 21 3 3 1 2004 2 2004 10 25 2004 12 27 3 3 1 2 3 4 3 4 2004 12 28 30
2004 2004 12 27 7,732.69 7,961.17 7,910.69 2004 12 28 7,910.69, 7,910.69 1 2 3 4 : : 0.00 0.00 31
2004 3,700.00 3,700.00 3,700.00 4.03 50 0.00 70 0.00 50 0.00 5 6 5% 5% 45 2005 1 2006 1 1 28,011,200 2004 4 29 32
2004 28,011,200 2004 4 29 2005 4 29 2 2004 6 25 1500 1200 80% 300 20% 3 11.9 2004 7 26 4 2002 2003 2004 117 2003 12 31 126,000,000.00 10 5 46,746,000.00 14,962,500.00 46,746,000.00 241,290,791.27 172,746,000.00 2004 3018 5 2004 12 27-7,910.69 636,662.7 1470.69 106,572 6,440 6 33
2004 [2005]038 2004 12 31 2004 2004 12 31 2004? 2005 4 6 34
2004 2004 12 31 : : : 6.1 97,661,964.16 92,298,435.25 86,276,763.47 83,488,646.09 6.2 118,324,954.78 183,786,984.39 110,810,778.61 168,792,879.23 6.3 14,789,404.54 21,052,231.86 179,428,098.49 213,947,107.60 6.4 8,233,658.44 11,345,899.64 6,994,678.44 8,503,347.64 6.5 28,880,219.58 36,809,286.29 23,583,653.19 25,350,662.60 6.6 76,680.00 266,556.05 267,966,881.50 345,559,393.48 407,093,972.20 500,082,643.16 6.7 18,641,671.64 17,911,462.64 152,191,115.71 173,401,786.12 18,641,671.64 17,911,462.64 152,191,115.71 173,401,786.12 5,841,671.64 5,111,462.64 6.8 1,156,611,256.00 1,208,658,932.81 778,616,353.59 781,079,311.44 6.8 92,896,623.13 138,928,315.41 78,271,406.56 113,655,781.38 1,063,714,632.87 1,069,730,617.40 700,344,947.03 667,423,530.06 4,114,377.97 5,315,457.80 1,800,961.31 3,899,359.04 1,059,600,254.90 1,064,415,159.60 698,543,985.72 663,524,171.02 304,014.89 304,014.89 6.9 20,443,700.18 263,240,557.89 89,780.00 263,240,557.89 1,080,043,955.08 1,327,959,732.38 698,633,765.72 927,068,743.80 6.10 52,953,535.79 59,804,236.00 18,968,553.76 14,557,349.08 6.11 520,000.20 808,000.24 260,000.00 200,000.00 53,473,535.99 60,612,236.24 19,228,553.76 14,757,349.08 1,420,126,044.21 1,752,042,824.74 1,277,147,407.39 1,615,310,522.16 35
2004 6.12 278,380,000.00 329,250,000.00 213,380,000.00 241,750,000.00 6.13 46,444,177.42 46,041,843.53 36,915,346.68 32,347,427.60 6.14 1,007,001.28 2,079,591.59 864,295.48 1,960,628.25 2,010,631.95 1,765,146.31 1,417,181.97 1,208,953.38 4,098,612.70 6,117,479.14 3,008,403.90 4,337,435.34 6.15 12,164,691.46 19,387,184.29 11,241,293.82 13,719,121.17 170,526.66 398,220.71 151,490.18 304,427.57 6.16 36,668,861.47 23,685,387.59 51,748,241.77 58,604,706.25 6.17 1,725,814.17 1,660,427.34 1,512,129.17 1,466,837.24 30,500,000.00 115,800,000.00 115,800,000.00 413,170,317.11 546,185,280.50 320,238,382.97 471,499,536.80 6.18 403,800,000.00 238,000,000.00 403,800,000.00 238,000,000.00 1,020,000.00 1,450,000.00 20,000.00 90,000.00 404,820,000.00 239,450,000.00 403,820,000.00 238,090,000.00 817,990,317.11 785,635,280.50 724,058,382.97 709,589,536.80 42,915,845.64 49,178,407.62 6.19 126,000,000.00 172,746,000.00 126,000,000.00 172,746,000.00 126,000,000.00 172,746,000.00 126,000,000.00 172,746,000.00 6.20 338,481,657.95 584,116,097.22 338,481,657.95 584,116,097.22 6.21 21,194,479.61 33,816,943.17 17,313,750.06 28,241,478.31 7,064,826.55 11,272,314.40 5,771,250.02 9,413,826.10 6.22 73,543,743.90 126,550,096.23 71,293,616.41 120,617,409.83 12,600,000.00 17,274,600.00 12,600,000.00 17,274,600.00 559,219,881.46 917,229,136.62 553,089,024.42 905,720,985.36 1,420,126,044.21 1,752,042,824.74 1,277,147,407.39 1,615,310,522.16 : : : 36
2004 2004 : : : 6.23 402,036,973.26 336,818,992.13 381,360,313.31 317,211,153.38 6.24 149,895,015.40 125,938,646.62 173,467,344.34 144,570,622.18 6.25 5,566,903.96 4,320,054.30 4,755,327.74 3,960,722.74 246,575,053.90-206,560,291.21 203,137,641.23 168,679,808.46 710,552.97-605,224.79 753,121.75 584,864.09 : 34,038,887.85 22,065,060.36 31,930,729.52 20,576,276.64 68,325,420.97 59,617,991.63 55,878,308.67 50,713,399.34 41,967,001.94 44,727,267.94 35,648,457.06 38,120,353.49 - - 102,954,296.11 80,755,196.07 80,433,267.73 59,854,643.08-730,209.00-730,209.00 9,210,670.41 7,492,350.02 85,551.76 56,804.66 85,551.76 49,880.63 3,968,495.83 2,904,099.20 4,804,039.73 1,910,656.75 98,341,143.04 77,177,692.53 84,925,450.17 65,486,216.98-16,849,765.17 16,979,547.03 12,073,928.50 13,257,168.14 3,262,561.98 2,876,289.44 ( ) - 78,228,815.89 57,321,856.06 72,851,521.67 52,229,048.84 73,543,743.90 43,289,629.01 71,293,616.41 44,898,924.89 151,772,559.79 100,611,485.07 144,145,138.08 97,127,973.73 8,414,975.71 6,045,160.78 7,285,152.17 5,222,904.88 4,207,487.85 3,022,580.39 3,642,576.08 2,611,452.44 ( ) 139,150,096.23 91,543,743.90 133,217,409.83 89,293,616.41 12,600,000.00 9,000,000.00 12,600,000.00 9,000,000.00 9,000,000.00 9,000,000.00 ( - ) 126,550,096.23 73,543,743.90 120,617,409.83 71,293,616.41 37
2004 1. 2. 3. ( ) 4. ( ) 5. 6. : : : 38
2004 2004 : : : 419,423,287.93 394,122,052.17 1,215,868.51 1,147,326.46 420,639,156.44 395,269,378.63 153,074,466.85 184,375,620.27 24,372,433.37 16,274,299.70 76,549,545.96 65,126,707.96 65,433,448.06 74,592,166.67 319,429,894.24 340,368,794.60 101,209,262.20 54,900,584.03 318,712,415.31 268,843,785.40 12,000,000.00 318,712,415.31 280,843,785.40-318,712,415.31-280,843,785.40 291,036,791.27 288,036,791.27 477,250,000.00 361,750,000.00 4,773,648.00 4,413,648.00 773,060,439.27 654,200,439.27 506,880,000.00 383,380,000.00 54,040,815.07 47,665,355.28 560,920,815.07 431,045,355.28 212,139,624.20 223,155,083.99-5,363,528.91-2,788,117.38 39
2004 1 78,228,815.89 72,851,521.67 ( - ) 3,262,561.98 9,750,674.34 14,628,133.36 51,444,710.70 35,402,401.07 6,649,644.24 1,711,204.68 111,999.96 60,000.00-189,876.05-65,386.83-45,291.93 ( : -18,026.25-18,026.25 ) 41,967,001.94 35,648,457.06 730,209.00-9,210,670.41-7,929,066.71-1,767,009.41 ( ) -74,837,098.13-101,496,581.57 ( ) -7,896,901.88 7,136,445.76 101,209,262.20 54,900,584.03 2 3 92,298,435.25 83,488,646.09 97,661,964.16 86,276,763.47-5,363,528.91-2,788,117.38 : : : 40
2004 2004 : : : 11,508,567.25 6,169,871.24 17,678,438.49 8,786,264.91 4,557,492.20 13,343,757.11 2,722,302.34 1,612,379.04 4,334,681.38 1,250,129.39 320,276.73 320,276.73 929,852.66 188,727.40 188,727.40 1,061,401.99 320,276.73 320,276.73 741,125.26 4,114,377.97 2,098,397.73 897,317.90 897,317.90 5,315,457.80 783,455.83 783,455.83 3,330,922.14 2,098,397.73 897,317.90 897,317.90 4,532,001.97 734,958.43 2,700,000.00 3,434,958.43 734,958.43 2,700,000.00 3,434,958.43 17,608,033.04 10,968,268.97 1,217,594.63 1,217,594.63 27,358,707.38 : : : 41
2004 2004 : : 42 : 126,000,000.00 90,000,000.00 46,746,000.00 36,000,000.00 27,000,000.00 9,000,000.00 46,746,000.00 172,746,000.00 126,000,000.00 338,481,657.95 365,401,657.95 245,634,439.27 80,000.00 245,634,439.27 80,000.00 27,000,000.00 27,000,000.00 584,116,097.22 338,481,657.95 14,129,653.06 8,084,492.28 8,414,975.71 6,045,160.78 8,414,975.71 6,045,160.78 8,414,975.71 6,045,160.78 22,544,628.77 14,129,653.06 22,544,628.77 14,129,653.06 7,064,826.55 4,042,246.16
2004 4,207,487.85 3,022,580.39 4,207,487.85 3,022,580.39 11,272,314.40 7,064,826.55 73,543,743.90 43,289,629.01-78,228,815.89 57,321,856.06 25,222,463.56 27,067,741.17-126,550,096.23 73,543,743.90 : : : 43
2004 2004 : : 1 - : 2 86,011,923.00 270,217.38 5,612.05 3 31,137,236.45 54,937,778.39 55,208,793.71 4-1 - 5,082,555.11 2-55,208,793.71 3 54,937,778.39 4-5,353,570.43 : : : 44
2004 2004 ( ) (1993)106 1993 11 28 1996 (1996)83 1,158.5 1,150 8.5 1998 9 30 (1998)33 4,880 2001 7 26 4,120 412 4,532 9,000 2001 8 7 4,532 2003 2002 2002 9,000 10 1 10 3 12,600 2004 9 10 5 6.37 4,674.60 17,274.60 1. 2. 1 1 12 31 3. 4. 45
2004 5. 6. ( ) 7. 10% 8. a. ; b., 1 ( 1 ) 3% 1-2 ( 2 ) 5% 2-3 ( 3 ) 15% 3-4 ( 4 ) 30% 46
2004 4-5 ( 5 ) 50% 5 100% 9. (1) (2) (3) (4) (5) 10. a. b. 10, c. 20% 20%( 20%) 20% 47
2004 a. b. c., (1) 2 (2) 1 (3) (4) 2 (5) (1) (2) (3) (4) 11. 2000 5% 48
2004 a b c d e 20-40 4.75%-2.38% 10-16 9.50%-5.94% 8 11.88% 5-8 19%-11.88% 12. 49
2004 3 13. 10 14. a. b. 15. (1) a. b. c. (2) 50
2004 a. b. (3) 3 (4) 16. a. b. c. a. b. 17. ( ) 51
2004 18. 19. 50% 50% 1. 6% 17% 2. 5% 4% 7% 3% 3. 52
2004 (1) 33% (2) 1999 [2005]110 15% (3) [2005]18 15% (4) 2000 3, [94]001 15% (5) [2005]42 2004 6 25 2006 12 31 80,000,000.00 80% 64,000,000.00 50,000,000.00 73% 36,500,000.00 18,872,388.00 80% 22,400,000.00 15,000,000.00 80% 12,000,000.00 1. 2004-12-31 2003-12-31 RMB 187,472.73 187,472.73 24,807.93 24,807.93 RMB 92,110,962.52 92,110,962.52 97,637,156.23 97,637,156.23 92,298,435.25 97,661,964.16 2. 53 2004-12-31 1 166,484,883.47 84.45% 4,994,546.50 161,490,336.97 1-2 5,686,432.50 2.88% 284,321.63 5,402,110.87 2-3 13,532,726.64 6.86% 2,029,909.00 11,502,817.64 3-4 6,341,883.74 3.22% 1,902,565.12 4,439,318.62 4-5 1,904,800.58 0.97% 952,400.29 952,400.29 5 3,180,014.57 1.62% 3,180,014.57-197,130,741.50 100% 13,343,757.11 183,786,984.39
2004 2003-12-31 1 97,734,050.57 76.89% 2,932,021.52 94,802,029.05 1-2 16,251,082.18 12.78% 812,554.11 15,438,528.07 2-3 2,565,469.74 2.02% 384,820.88 2,180,648.86 3-4 6,530,342.61 5.14% 1,959,102.78 4,571,239.83 4-5 2,665,017.94 2.10% 1,332,508.97 1,332,508.97 5 1,365,256.65 1.07% 1,365,256.65-127,111,219.69 100.00% 8,786,264.91 118,324,954.78 5 90,033,047.59 45.67% 5%( 5%) 55.06% 3. 2004-12-31 1 14,332,305.29 56.46% 429,969.16 13,902,336.13 1-2 3,868,063.65 15.24% 193,403.18 3,674,660.47 2-3 354.58 0.00% 53.19 301.39 3-4 62,898.39 0.25% 18,869.52 44,028.87 4-5 6,861,810.00 27.03% 3,430,905.00 3,430,905.00 5 261,481.33 1.02% 261,481.33-25,386,913.24 100% 4,334,681.38 21,052,231.86 2003-12-31 1 5,913,420.04 33.77% 177,402.45 5,736,017.59 1-2 4,352,711.07 24.86% 217,635.55 4,135,075.52 2-3 101,884.44 0.58% 15,282.67 86,601.77 3-4 6,882,210.00 39.30% 2,064,663.00 4,817,547.00 4-5 28,325.33 0.16% 14,162.67 14,162.66 5 233,156.00 1.33% 233,156.00-17,511,706.88 100% 2,722,302.34 14,789,404.54 54
2004 5 21,575,418.21, 84.99% 5%( 5%) 44.97% 13,799,679.00 4. 2004-12-31 2003-12-31 1 3,555,235.61 31.33% 3,028,086.80 36.78% 1-2 3,596,589.73 31.70% 5,141,172.54 62.44% 2-3 4,183,000.20 36.87% 64,399.10 0.78% 3-4 11,074.10 0.10% - - 11,345,899.64 100% 8,233,658. 100% 1 : 2,700,000.00 1,500,000.00 600,000.00 595,000.00 5%( 5%) 5. 2004-12-31 2003-12-31 8,231,796.73 664,239.34 7,567,557.39 5,460,750.71 984,516.07 4,476,234.64 2,663,840.94 76,885.92 2,586,955.02 2,151,766.55 76,885.92 2,074,880.63 1,865,903.06-1,865,903.06 831,820.78-831,820.78 14,606,821.01-14,606,821.01 2,838,229.06-2,838,229.06 9,147,377.57 188,727.40 8,958,650.17 13,470,631.81 188,727.40 13,281,904.41 1,223,399.64-1,223,399.64 5,377,150.06-5,377,150.06 37,739,138.95 929,852.66 36,809,286.29 30,130,348.97 1,250,129.3 28,880,219.58 9 55
2004 6. 2003-12-31 2004-12-31 76,680.00 108,715.48 153,343.00 32,052.48-341,896.48 107,392.91 234,503.57 76,680.00 450,611.96 260,735.91 266,556.05 7. (1) 2003-12-31 2004-12-31 18,641,671.64 730,209.00 17,911,462.64 - - - 18,641,671.64 730,209.00 17,911,462.64 18,641,671.64 730,209.00 17,911,462.64 (2) a 2003-12-31 2004-12-31 ( ) - 80% 8,000,000.00 8,000,000.00-8,000,000.00-20% 2,000,000.00 2,000,000.00-2,000,000.00-20% 2,800,000.00 2,800,000.00-2,800,000.00 12,800,000.00 12,800,000.00-12,800,000.00 b 2003-12-31 2004-12-31 ( ) 10 7,302,089.60 5,841,671.64-730,209.00 2,190,626.96 5,111,462.64 2002 80% 7,302,089.60 730,209.00 56
2004 80% 8. 2003-12-31 2004-12-31 749,914,160.27 62,869,200.44 7,710,319.12 805,073,041.59 366,745,023.89 2,246,990.46 6,272,187.88 362,719,826.47 24,206,076.22 168,960.00-24,375,036.22 15,745,995.62 6,314,015.04 5,568,982.13 16,491,028.53 1,156,611,256.00 71,599,165.94 19,551,489.13 1,208,658,932.81 30,669,834.44 22,401,727.70 1,435,849.91 51,635,712.23 45,004,276.05 25,237,628.43 1,464,851.23 68,777,053.25 10,700,130.71 2,106,736.32-12,806,867.03 6,522,381.93 1,698,618.25 2,512,317.28 5,708,682.90 92,896,623.13 51,444,710.70 5,413,018.42 138,928,315.41 1,063,714,632.87 1,069,730,617.40 35,760,899.91 45,838.26 29,675 9. 2003-12-31 2004-12-31 783,455.83 - - 783,455.83 1,369,246.61-897,317.90 471,928.71 1,951,804.00 2,008,397.73-3,960,201.73 9,871.53 90,000.00-99,871.53 4,114,377.97 2,098,397.73 897,317.90 5,315,457.80 57
2004 10. 2003.12.31 2004.12.31 ( : ( : ( : ( : ( : ) ) ) ) ) - 1,626,474.22 1,626,474.22 - - 100% 89,780.00 23,475,740.86 - - 23,565,520.86 50% - 37,106,140.00 - - 37,106,140.00 75% - 125,275,570.61 - - 125,275,570.61 70% - 34,293,326.42 - - 34,293,326.42 10% - 15,102,580.00 - - 15,102,580.00 25% GAP - 27,897,420.00 - - 27,897,420.00 60% 20,353,920.18 13,780,496.51 34,134,416.69 - - 100% 20,443,700.18 278,557,748.62 35,760,890.91-263,240,557.89 11. 2003-12-31 ( ) 2004-12-31 J-I 5,500,000.00 3,299,950.16-549,999.96 2,749,950.20 5 a-2b 24,000,000.00 14,400,000.00-2,400,000.00 12,000,000.00 5-1,295,064.00 4,964,416.00 5 6 14,020,300.00 6,259,480.00 500,000.00 258,333.43 - - 258,333.43 1 7 2,850,000.00 2,422,500.00-570,000.00 1,852,500.00 3 3 1,100,000.00 953,333.34-219,999.96 733,333.38 3 2 2,968,000.00 2,566,083.29-371,000.04 2,195,083.25 5 11 1,860,000.00 1,588,750.00-109,846.56 1,478,903.44 5 10 375,466.63 301,962.07-62,577.72 239,384.35 3 10 956,000.00 783,388.86-159,333.36 624,055.50 3 11 11,068,739.86 10,829,161.20-218,447.04 10,610,714.16 47 11 4,784,717.00 4,095,309.99-154,560.00 3,940,749.99 25 6 16,200, 6,445,915.00 5,930,241.88 344.45 538,815.60 21,591,770.73 49 16,200, 6,649,644.24 63,239,194.43 76,429,138.49 53,688,494.22 344.45-734,958.43 - - 3,434,958.43-52,953,535.79 - - 59,804,236.00 58
2004 1 J-I 5,500,000.00-2b 24,000,000.00 14,020,300.00 10,609,466.63 2 11,046.89 12. 2003-12-31 2004-12-31 ( ) 260,000.00-60,000.00 200,000.00 45 260,000.20-51,999.96 208,000.24 48-400,000.00-400,000.00 60 520,000.20 400,000.00 111,999.96 808,000.24 2005 1 5 13. 2004-12-31 2003-12-31 8,750,000.00 8,750,000.00 13,850,000.00 13,850,000.00 320,500,000.00 320,500,000.00 244,530,000.00 244,530,000.00 - - 20,000,000.00 20,000,000.00 329,250,000.00 329,250,000.00 278,380,000.00 278,380,000.00 14. 2004-12-31 2003-12-31 1 26,563,538.38 57.69% 37,882,294.98 81.57% 1-2 15,090,675.92 32.78% 5,754,359.15 12.39% 2-3 2,143,479.69 4.66% 1,137,112.01 2.45% 3-4 587,546.15 1.28% 1,670,411.28 3.60% 4-5 1,531,653.97 3.33% - - 5 124,949.42 0.26% - - 46,041,843.53 100% 46,444,177.42 100% 5%( 5%) 59
2004 15. 2004-12-31 2003-12-31 1 1,885,259.91 90.66% 940,903.80 93.44% 1-2 192,461.68 9.25% 66,097.48 6.56% 2-3 1,870.00 0.09% - - 2,079,591.59 100% 1,007,001.28 100% 5%( 5%) 16. 2003-12-31 2004-12-31-6,243,300.00 6,243,300.00 - - 6,356,700.00 6,356,700.00 - - 12,600,000.00 12,600,000.00-17. 2004-12-31 2003-12-31 5,353,570.43 5,082,555.11 11,546,685.67 5,670,367.78 1,410,454.16-854,509.89 1,176,694.57 221,964.14 235,074.00 19,387,184.29 12,164,691.46 59.37% [2003]496 2003 304.94 18. 2004-12-31 2003-12-31 1 21,012,218.38 88.71% 33,565,671.99 91.53% 1-2 1,586,920.97 6.70% 2,880,672.73 7.86% 2-3 999,848.56 4.22% 101,219.43 0.28% 3-4 54,711.68 0.23% 121,297.32 0.33% 4-5 31,688.00 0.14% - - 23,685,387.59 100% 36,668,861.47 100% 5%( 5%) 60
2004 19. 2004-12-31 2003-12-31 1,166,307.50 1,113,973.62 494,119.84 611,840.55 1,660,427.34 1,725,814.17 12 21 12 31 12 20. 2004-12-31 2003-12-31 : 50,000,000.00 50,000,000.00 9,000,000.00 9,000,000.00 65,800,000.00 65,800,000.00 21,500,000.00 21,500,000.00 115,800,000.00 115,800,000.00 30,500,000.00 30,500,000.00 21. 2004-12-31 2003-12-31 238,000,000.00 238,000,000.00 163,000,000.00 163,000,000.00 - - 65,800,000.00 65,800,000.00 - - 175,000,000.00 175,000,000.00 238,000,000.00 238,000,000.00 403,800,000.00 403,800,000.00 22. 2003-12-31 2004-12-31-4,343,648.00 4,343,648.00-1,000,000.00 - - 1,000,000.00 1000 a-2b - 360,000.00-360,000.00 20,000.00 - - 20,000.00-70,000.00-70,000.00 1,020,000.00 4,773,648.00 4,343,648.00 1,450,000.00 4,343,648.00 61
2004 23. 2003-12-31 2004-12-31 ( ) 7,541,240.00 - - - - - 7,541,240.00 54,891,760.00 14,962,500.00 - - - 14,962,500.00 69,854,260.00 119,000.00 - - - -119,000.00-119,000.00-62,552,000.00 14,962,500.00 - - -119,000.00 14,843,500.00 77,395,500.00 ( ) 1. 63,448,000.00 31,783,500.00 - - 119,000.00 31,902,500.00 95,350,500.00 2. - - - - - - - 3. - - - - - - - 4. - - - - - - - 63,448,000.00 31,783,500.00 - - 119,000.00 31,902,500.00 95,350,500.00 126,000,000.00 46,746,000.00 - - - 46,746,000.00 172,746,000.00 1 2001 7 26 4,120 412 4,532 2001 8 7 4532 [2001] 3048 2 2003 2002 2002 2002 90,000,000 10 1 10 3 126,000,000 [2003]3013 3 2002 2003 2004 117 2003 12 31 126,000,000.00 10 5 46,746,000.00 14,962,500.00 46,746,000.00 241,290,791.27 172,746,000.00 2004 3018 24. 2003-12-31 2004-12-31 325,375,141.69 241,290,791.27-566,665,932.96 13,106,516.26 - - 13,106,516.26-4,343,648.00-4,343,648.00 338,481,657.95 245,634,439.27-584,116,097.22 4,343,648.00 241,290,791.27 62
2004 25. 2004-12-31 2003-12-31 22,544,628.77 14,129,653.06 11,272,314.40 7,064,826.55 33,816,943.17 21,194,479.61 26. 2003-12-31 2004-12-31 73,543,743.90 78,228,815.89 25,222,463.56 126,550,096.23 2004 4 2003 10 1.00 12,600,000.00 4 15 2004 2004 10% 5% 1.00 17,274,600.00 27. 2004 2003 2004 2003 2004 2003 101,205,477.07 91,731,592.57 70,856,207.80 62,391,116.18 30,349,269.27 29,340,476.39 109,563,599.10 107,774,530.61 32,509,498.27 28,836,312.97 77,054,100.83 78,938,217.64 17,632,575.29 16,325,475.30 2,903,334.80 1,898,040.80 14,729,240.49 14,427,434.50 173,635,321.80 120,987,393.65 43,625,974.53 32,813,176.67 130,009,347.27 88,174,216.98 402,036,973.26 336,818,992.13 149,895,015.40 125,938,646.62 252,141,957.86 210,880,345.51 187,027,609.26 46.52% 25,901,082.69 25,652,478.26 15,737,146.31 12,741,609.94 21,173,159.87 101,205,477.07 26,346,594.24 22,443,572.96 21,731,351.23 18,060,497.95 20,981,582.72 109,563,599.10 3,532,652.89 5,895,626.32 3,262,353.12 2,326,532.23 2,615,410.73 17,632,575.29 31,754,068.57 40,109,393.29 29,949,924.11 40,781,176.87 31,040,758.96 173,635,321.80 87,534,398.39 94,101,070.83 70,680,774.77 73,909,816.99 75,810,912.28 402,036,973.26 18,133,347.99 17,959,300.03 11,017,576.13 8,920,401.12 14,825,582.53 70,856,207.80 7,817,034.51 6,659,008.10 6,447,691.91 5,358,549.74 6,227,214.01 32,509,498.27 581,827.93 971,009.65 537,309.56 383,179.86 430,007.80 2,903,334.80 7,979,797.43 10,079,490.53 7,526,415.93 10,248,309.75 7,791,960.89 43,625,974.53 34,512,007.86 35,668,808.31 25,528,993.53 24,910,440.47 29,274,765.23 149,895,015.40 63
2004 28. 2004 2003 944,802.99 1,021,657.00 234,250.02 416,432.21 710,552.97 605,224.79 29. 2004 2003 42,375,874.15 45,288,681.32 434,796.75 638,686.14 25,924.54 77,272.76 41,967,001.94 44,727,267.94 30. 2004 2003-730,209.00-730,209.00-730,209.00-730,209.00 31. 2004 2003 65,008.37 56,804.66 18,026.25-2,517.14-85,551.76 56,804.66 32. 2004 2003 3,901,079.84 2,862,946.19 64,415.99-3,000.00 - - 41,153.01 3,968,495.83 2,904,099.20 33. 2004 22,788,633.60 6,491,895.37 3,775,654.63 3,456,437.63 2,683,775.04 13,799,679.00 34. 2004 4,773,648.00 64
2004 1. 2004-12-31 1 156,814,034.65 86.65% 4,704,421.04 152,109,613.61 1-2 2,675,016.60 1.48% 133,750.83 2,541,265.77 2-3 11,197,982.23 6.19% 1,679,697.33 9,518,284.90 3-4 5,327,909.90 2.94% 1,598,372.97 3,729,536.93 4-5 1,788,356.04 0.99% 894,178.02 894,178.02 5 3,162,412.47 1.75% 3,162,412.47-180,965,711.89 100% 12,172,832.66 168,792,879.23 2003-12-31 1 93,161,130.37 78.19% 2,794,833.91 90,366,296.46 1-2 14,320,856.93 12.02% 716,042.85 13,604,814.08 2-3 1,099,831.58 0.92% 165,032.31 934,799.27 3-4 6,531,942.61 5.48% 1,959,582.78 4,572,359.83 4-5 2,665,017.94 2.24% 1,332,508.97 1,332,508.97 5 1,365,256.65 1.15% 1,365,256.65-119,144,036.08 100% 8,333,257.47 110,810,778.61 5 76,889,027.59, 42.49% 5%( 5%) 2. 2004-12-31 1 46,922,638.97 20.60% 1,407,679.17 45,514,959.80 1-2 173,638,855.31 76.24% 8,681,942.77 164,956,912.54 2-3 354.58 0.00% 53.19 301.39 3-4 62,898.39 0.03% 18,869.52 44,028.87 4-5 6,861,810.00 3.01% 3,430,905.00 3,430,905.00 5 261,481.33 0.12% 261,481.33-227,748,038.58 100% 13,800,930.98 213,947,107.60 65
2004 2003-12-31 1 175,781,012.19 93.88% 5,273,430.37 170,507,581.82 1-2 4,217,581.07 2.25% 210,879.05 4,006,702.02 2-3 96,584.44 0.05% 14,479.45 82,104.99 3-4 6,882,210.00 3.68% 2,064,663.00 4,817,547.00 4-5 28,325.33 0.02% 14,162.67 14,162.66 5 233,156.00 0.12% 233,156.00 187,238,869.03 100% 7,810,770.54 179,428,098.49 5 224,309,465.30 98.49% 5%( 5%) 3 2003-12-31 2004-12-31 531,950,799.13 41,126.00 26,600.00 531,965,325.13 219,803,741.13 2,178,807.46 99,000.00 221,883,548.59 15,119,784.25 168,960.00-15,288,744.25 11,742,029.08 199,664.39-11,941,693.47 778,616,353.59 2,588,557.85 125,600.00 781,079,311.44 27,264,480.94 15,252,576.43-42,517,057.37 41,895,680.08 16,767,033.69 18,026.25 58,644,687.52 6,612,410.21 1,228,701.15-7,841,111.36 2,498,835.33 2,154,089.80-4,652,925.13 78,271,406.56 35,402,401.07 18,026.25 113,655,781.38 700,344,947.03 667,423,530.06 2004 12 31 3,899,359.04 4. (1) 66
2004 2003-12-31 2004-12-31 152,191,115.71 21,940,879.41 730,209.00 173,401,786.12 - - - - 152,191,115.71 21,940,879.41 730,209.00 173,401,786.12 152,191,115.71 21,940,879.41 730,209.00 173,401,786.12 (2) b. 2003-12-31 ( ) 2004-12-31. 80% 64,000,000.00 74,227,298.79 4,812,981.14 79,040,279.9 3 73% 36,500,000.00 51,433,724.19 6,485,254. 57,918,978. - 35 54 80% 22,400,000.00 21,730,092.73-1,578,402.28 20,151,690.4-5 7,302,089.60 5,841,671.64-730,209.00 5,111,462.64-80% 12,000,000.00-11,490,837.20 11,490,837.2-0 134,900,000.00 147,391,115.71 21,210,670.41 168,601,786. - 12. 20% 2,800,000.00 2,800,000.00-2,800,000.00-20% 2,000,000.00 2,000,000.00-2,000,000.00-4,800,000.00 4,800,000.00-4,800,000.00-139,700,000.00 152,191,115.71 21,210,670.41 173,401,786. 12-5. 2004 2003 2004 2003 2004 2003 100,706,123.69 91,731,592.57 70,443,758.04 62,391,116.18 30,262,365.65 29,340,476.39 108,284,555.10 107,276,138.28 55,485,006.03 42,609,741.27 52,799,549.07 64,666,397.01 172,369,634.52 118,203,422.53 47,538,580.27 39,569,764.73 124,831,054.25 78,633,657.80 381,360,313.31 317,211,153.38 173,467,344.34 144,570,622.18 207,892,968.97 172,640,531.20 6. 2004 2003 ( ) 9,940,879.41 8,222,559.02-730,209.00-730,209.00 9,210,670.41 7,492,350.02 67
2004 ( ) 1. 15000 24.32% 168 29 418 68 168. 2003-12-31 ( ) 2004-12-31 15,000,000.00-15,000,000.00 80,000,000.00-80,000,000.00 50,000,000.00-50,000,000.00 18,872,388.00-18,872,388.00-15,000,000.00 15,000,000.00 10,000,000.00-10,000,000.00 68
2004. 2003-12-31 ( ) 2004-12-31 28,011,200.00 22.23% 14,005,600.00 42,016,800.00 24.32% 64,000,000.00 80% - 64,000,000.00 80% 36,500,000.00 73% - 36,500,000.00 73% 15,097,910.40 80% - 15,097,910.40 80% - 12,000,000.00 12,000,000.00 80% 8,000,000.00 80% - 8,000,000.00 80% 2. ( 3.96%) ( 2.07%) ( 20%) ( 60%) ( 1. 53.33%) 2004 2003 - - 110,584.00 0.46% 2. 2004 2003 38,539.70 0.02% - - 69
2004 3. 1 2004 12 31 150,000,000.00 5,000,000.00 15,800,000.00 2 2004 12 31 37,000,000.00 4. 1 2004 2003 695,520.00 695,520.00 2 2004 2003 124,800.00 124,800.00 170,000.00 170,000.00 294,800.00 294,800.00 5. 1 2004 2003 490,000.00-2 2004 2003 970,400.00-3 2004 2003 370,964.00-70
2004 ( ) 2004-12-31 2003-12-31 2004-12-31 2003-12-31 27,878.81-0.01% - 490,000.00-4.32% - 56,062.50 146,483.50 0.12% 3.15% 148,900.00-0.63% - 283,200.00-1.20% - 1 28,011,200 2004 4 29 28,011,200 2004 4 29 2005 4 29 2 11.9 2004 7 26 3 2002 2003 2004 117 2003 12 31 126,000,000.00 10 5 46,746,000.00 14,962,500.00 46,746,000.00 241,290,791.27 172,746,000.00 2004 3018 4 2004 12 27 ( ) - 7,910.69 636,662.7 ( 1470.69 ) 106,572 ( 6,440 ) 71
2004 5 2004 2003 0.63 0.65 0.57 0.58 (%) 44.84 57.60 ( / ) 2.66 3.33 ( / ) 4.56 3.34 (%) 8.53 10.25 (%) 12.26 10.73 ( ) 0.45 0.45 ( )- 0.58 0.45 1. 2004 (%) ( / ) 246,575,053.90 26.88 38.65 1.43 1.84 102,954,296.11 11.22 16.14 0.60 0.77 78,228,815.89 8.53 12.26 0.45 0.58 78,213,400.49 8.53 12.26 0.45 0.58 2. (1) = = (2) (ROE) ROE P E 0 +NP 2+E i M i M 0 -E j M j M 0 72
2004 P NP E 0 E i E j M 0 M i M j (3) EPS EPS P S 0 +S 1 +S i M i M 0 -S j M j M 0 P S 0 S 1 S i S j M 0 M i M j 2004 85,551.76 67,415.99 2,720.37 15,415.40 2004 2005 4 6 2005 4 6 73
2004 2005 4 6 74