2003 2003 2

2003 SHANGHAI BRIGHT DAIRY & FOOD CO.,LTD 2003 1

2003 2003 2

2003 4 6 7 7 10 12 52 3

2003 1 SHANGHAI BRIGHT DAIRY & FOOD CO., LTD 2 578 201103 021 54584520 021 64655033 E-mail 600597@brightdairy.com www.brightdairy.com 3 4 578 021 54584520 021 64013337 E-mail 600597@brightdairy.com 5 578 http://www.sse.com.cn 6 600597 7 4

8 2003 1,730,646,307 1,709,187,602 1.26% 1,253,882,543 1,166,690,205 7.47% 3,276,190,998 2,937,365,249 11.54% 1,709,263,669 1,578,679,864 8.27% 2.62 2.42 8.26% 2.47 2.30 7.39% 125,556,070 95,545,306 31.41% 120,280,550 91,356,591 31.66% 0.19 0.19 7.35% 16.89% -56.48% 99,021,014 197,394,174-49.84% 791,508 5

2003 (4,164,691) 6,959,895 1,688,808 5,275,520 1 2 1 2003 6 30 30,187 2 200,473,141 30.78% S.I.Food Products Holdings Limited 200,473,141 30.78% 25,059,142 3.85% 25,059,142 3.85% 25,059,142 3.85% Danone Asia Pte. Ltd. 25,059,142 3.85% 8,096,025 1.24% 5,000,000 0.77% 3,717,900 0.57% 2,839,676 0.44% 1 S.I.Food Products Holdings Limited 2 3 6

2003 1 2 2003 4 30 2003 2003 7 28 1 UHT 285,314 24.04% 19,573 12,556 31.41% 2 7

1 2003 (%) (%) 241,502 152,894 36.69% 27.81% 36.94% -4.22% 3,916 3,576 8.69% 2.70% 2.70% 43,812 34,766 20.65% 6.65% 4.45% 1.67% 285,314 187,660 34.23% 24.04% 29.48% -2.77% 2 % 85,269 35.31% 14.82% 156,233 64.69% 36.23% 241,502 100% 27.81% 3 8

2003 4 2002 8 15000 81,124 54,687 1 7,445 2003 6,833 30,000 32,487 5,040 2 18,376 2004 10,174 45,000 UHT 33,000 39,108 3,879 3 13,500 2004 12 4,555 20 65,132 5,794 4 16,970 2003 12 12,695 270,000 5,250 5 12,944 2003 12 13,000 13,000 18,000 30,400 2,413 6 11,889 9

2003 2003 12 7,430 24,000 36,000 33,235 3,280 1 2003 5 47 10,000 8,000 80% 5 2007 131,822 6,530 26% 2 2003 6 216 2,160 60% 1 20% 2 2002 226,313,752 95,545,306 130,768,446 2002 1 S.I.Food Products Holdings Limited Danone Asia Pte. Ltd. (10%) 9,554,531 (10%) 9,554,531 (10%) 1,706,113 5% 10

2003 853,057 190,568 2002 74,067,642 10 1.47 73,673,879 393,763 2 2002 7 29 2002 7 1 130,768,446 (10%) 13,076,844 (10%) 13,076,844 (10%) 3,131,317 5% 1,565,658 393,763 2002 100,311,546 10 1.00 65,118,285 35,193,261 3 4 5 3,916 6,324 1.4% 3% 6 7 5% 11

2003 8 9 1 2003 3 27 2002 2003-001 2 2003 3 27 2003-002 3 2003 4 10 2003-003 4 2003 4 11 2002 2003-004 5 2003 4 12 2002 2003-005 6 2003 4 25 2002 2003-006 7 2003 5 12 2002 2003-007 8 2003 6 5 2002 2003-008 12

2003 6 30 2003 : : 2003 6 30 2002 12 31 2003 6 30 2002 12 31 745,299,887 1,113,284,923 490,084,993 914,420,622 27,872,214 4,731,934 13,921,753 4,691,434 395,656,381 270,116,426 381,355,063 266,441,988 79,790,644 33,548,212 356,061,457 399,437,439 102,218,439 15,550,756 45,194,467 6,637,370 350,488,790 251,954,883 96,331,239 100,531,860 29,319,952 20,000,468 5,138,900 2,867,623 1,730,646,307 1,709,187,602 1,388,087,872 1,695,028,336 63,755,724 17,479,225 631,430,876 296,662,582 - - 117,400,000-63,755,724 17,479,225 748,830,876 296,662,582 : 1,666,395,570 1,426,149,237 638,705,747 683,011,946 : 574,332,337 454,062,669 290,195,875 287,846,743 1,092,063,233 972,086,568 348,509,872 395,165,203 28,042,035 28,280,544 18,179,178 20,241,749 1,064,021,198 943,806,024 330,330,694 374,923,454 270,391,715 127,617,081 55,673,967 40,802,195 1,334,412,913 1,071,423,105 386,004,661 415,725,649 74,075,271 78,083,479 69,328,429 73,170,530 73,300,783 61,191,838 4,712,223 2,869,286 147,376,054 139,275,317 74,040,652 76,039,816 3,276,190,998 2,937,365,249 2,596,964,061 2,483,456,383 13

( ) 2003 6 30 2003 : 2003 6 30 2002 12 31 2003 6 30 2002 12 31 : 87,280,000 134,700,000 - - 449,042,885 321,588,028 380,826,772 268,416,007 119,073,468 122,594,665 65,705,390 79,111,210 47,839,439 49,073,718 26,552,402 34,403,051 12,539,665 22,539,665 12,539,665 22,539,665-138,792,164-138,792,164 65,446,506 71,422,649 57,589,740 62,329,411 1,311,474 1,446,591 - - 439,283,133 289,828,956 269,060,714 230,458,599 3,236,453 1,501,809 - - - - - - 28,829,520 13,201,960 13,029,520 13,201,960 1,253,882,543 1,166,690,205 825,304,203 849,252,067 84,372,320 43,132,340 24,472,320 23,132,340 25,076,248 23,918,725 20,437,618 22,992,112 12,202,215 3,400,000 3,400,000 3,400,000 6,000,000 6,000,000 6,000,000 6,000,000 127,650,783 76,451,065 54,309,938 55,524,452 1,381,533,326 1,243,141,270 879,614,141 904,776,519 185,394,003 115,544,115 - - 651,182,850 651,182,850 651,182,850 651,182,850 802,332,112 797,304,377 810,418,363 797,304,377 94,999,376 94,999,376 81,359,940 81,359,940 44,425,854 44,425,854 39,879,375 39,879,375 160,749,331 35,193,261 174,388,767 48,832,697 1,709,263,669 1,578,679,864 1,717,349,920 1,578,679,864 3,276,190,998 2,937,365,249 2,596,964,061 2,483,456,383 14

2003 1 6 2003 : 2003 1 6 2002 1 6 2003 1 6 2002 1 6 2,853,141,385 2,300,266,615 1,871,354,323 1,568,911,058 1,876,596,983 1,449,323,295 1,360,694,815 1,031,034,623 5,869,454 4,004,902-970,674,948 846,938,418 510,659,508 537,876,435 5,073,290 4,431,655 (452,882) 1,665,478 631,670,758 557,080,369 269,236,186 292,821,811 148,112,832 123,585,874 80,486,154 71,116,323 5,508,147 13,978,748 (2,267,272) 9,740,570 190,456,501 156,725,082 162,751,558 165,863,209 1,688,808 (100,411) 9,259,145 (20,695,983) 6,959,895 5,658,404 6,909,895 5,597,448 791,508 1,246,326 184,372 451,268 4,164,691 2,614,604 1,957,605 2,570,190 195,732,021 160,914,797 177,147,365 148,645,752 64,200,102 59,823,722 51,591,295 53,100,446 5,975,849 5,545,769 125,556,070 95,545,306 125,556,070 95,545,306 35,193,261 48,832,697 6,383,291 160,749,331 95,545,306 174,388,767 101,928,597 11,260,644 9,554,531 10,407,588 9,554,531 160,749,331 73,877,074 174,388,767 82,819,535 - - - - 73,483,310 73,483,310 160,749,331 393,764 174,388,767 9,336,225 15

2003 2003 1 6 2003 1 6 2002 1 6 2003 1 6 2002 1 6 3,342,555,107 2,733,399,829 2,023,738,577 1,747,172,039 641,817 48,638 5,572,836 7,873,849 4,243,893 2,172,467 3,348,769,760 2,741,322,316 2,027,982,470 1,749,344,506 2,363,374,283 1,763,298,091 1,486,114,655 1,118,890,485 196,106,187 143,423,703 98,369,568 75,790,753 264,602,275 116,239,251 161,500,512 90,685,489 425,666,001 520,967,097 305,255,503 335,279,727 3,249,748,746 2,543,928,142 2,051,240,238 1,620,646,454 99,021,014 197,394,174 (23,257,768) 128,698,052 7,822,594 793,660 793,660 1,688,808 609,503 1,510,274 9,265,811 178,720 7,567,033 110,870 2,907,672 1,867,528 16,792,790 1,621,144 12,967,143 194,183,276 169,308,707 51,414,000 45,241,547 22,909,285 1,150,002 209,030,641 56,450,002 53,729,616 - - - 270,822,177 170,458,709 260,444,641 101,691,549 (268,954,649) (153,665,919) (258,823,497) (88,724,406) 15,260,529 476,000,000 366,000,000 23,440,000 510,000 - - 38,700,529 476,510,000-366,000,000 86,970,000 358,157,844 3,462,200 276,657,844 147,516,674 130,773,333 138,792,164 126,060,486 2,265,256 3,205,860 - - 236,751,930 492,137,037 142,254,364 402,718,330 (198,051,401) (15,627,037) (142,254,364) (36,718,330) - - - (367,985,036) 28,101,218 (424,335,629) 3,255,316 16

2003 ( ) 2003 1 6 2003 1 6 2002 1 6 2003 1 6 2002 1 6 1 125,556,070 95,545,306 125,556,070 95,545,306 5,975,849 5,545,769 (3,604,610) (1,233,418) - (3,421,657) 74,484,063 50,205,627 29,417,507 26,419,031 26,585,584 25,871,078 3,842,101 4,352,364 ( ) (6,445,024) (3,277,202) (2,271,277) 767,360 (2,221,833) 7,485,533-3,940,390 602,070 7,701,680 318,454 2,905,107 8,724,510 16,174,616 8,457,930 ( ) (1,688,808) 100,411 (9,259,145) 20,695,983 ( ) (58,962,723) (4,357,572) 4,200,621 (16,233,111) ( ) (191,905,911) (25,038,779) (284,908,333) (89,420,501) 121,921,777 22,671,125 109,846,234 74,689,850 99,021,014 197,394,174 (23,257,768) 128,698,052 2 745,299,887 441,757,588 490,084,993 284,509,170 1,113,284,923 413,656,370 914,420,622 281,253,854 (367,985,036) 28,101,218 (424,335,629) 3,255,316 17

2003 1 1 1 12 31 ( ) 18

1 ( ) 2003 1) 2) 5% 50% 100% 0% 10% 25% 50% 1 2 2 1 80% 20% 19

2003 1 ( ) ( ) 1 2 1) 20

1 ( ) 2003 ( ) 1) ( ) 10 10 2) 25 6 20% 3% 10% 3%-10% 20 4.5%-4.85% 3%-10% 10 9%-9.7% 3%-10% 5 18%-19.4% 3%-10% 5 18%-19.4% 20% 6 13.33% 21

2003 1 ( ) 3 2002 1 1 2002 1 1 22

2003 10 23

1 ( ) 2003 ( ) ( ) 1 2 24

2003 3 25

1 ( ) 2003 ( ) 4 5 2 12 31 50% 26

2003 3 2003 6 30 (%) (%) (%) 1,160 51-51 3,000 70-70 1,000 51-51 4,452 82-82 1,500 95-95 2 21,810 90-90 2,540 80-80 32,160 60-60 880 51-51 ( 1) 250 50-50 2,000 90 10 99 100-51 40 900 75-75 435 75-75 2000 90 10 99 2000 40 60 88 3,061 51-51 2,500 60-60 2,857 51-51 2,000 90-90 50 20 80 92 50 20 80 92 50 20 80 92 50 20 80 92 50 20 80 92 50 20 80 92 101 20 80 92 50 20 80 92 50 20 80 92 2,000 81-81 50-100 85 50-100 84 50-90 73 50-100 84 50-100 82 ( 1) 100-49 40 50-100 84 50-100 81 50-100 82 50-100 81 ( 8) 50-100 81 ( 8) 50-100 81 ( 8) 500-60 49 ( 4) 2,690 60-60 ( 5) 4,855 95 5 100 ( 6) 6,000 51-51 ( 7) 10,000 80-80 27

2003 3 ( ) 1 2: 11810 21810 78% 90% 3: 216 2160 60% 4: 1800 60% 5 100% 6 5480 51% 7 1 8000 80% 8 4 17% 13% 3% 5% 5% 7% 28

2003 4 ( ) 3% 27% 27% 33% 33% 5 40 5 2003 6 30 2002 12 31 1,096,155 716,508 469,203,732 1,018,674,630 275,000,000 91,000,000 745,299,887 1,109,674,630-2,893,785 745,299,887 1,113,284,923 29

2003 6 2003 6 30 2002 12 31 19,580,194 4,731,934 8,192,000-100,020-27,872,214 4,731,934 2003 6 30 28,063,032 ( 2003 6 30 ) 7 2003 6 30 2002 12 31 (%) (%) 406,681,765 92 20,334,088 386,347,677 270,955,480 88 13,529,914 257,425,566 1 18,617,407 4 9,308,703 9,308,704 25,728,863 8 13,038,003 12,690,860 1 2 12,490,416 3 12,490,416-9,699,268 3 9,699,268-2 3 6,264,041 1 6,264,041-3,542,487 1 3,542,487-444,053,629 100 48,397,248 395,656,381 309,926,098 100 39,809,672 270,116,426 2002 12 31 2003 6 30 39,809,672 8,587,576-48,397,248 (%) 72,876,418 16% 5% 30

2003 8 2003 6 30 2002 12 31 (%) (%) 1 73,857,723 85-73,857,723 28,554,604 72-28,554,604 1 2 3,860,607 5-3,860,607 6,628,991 17 1,667,423 4,961,568 2 3 5,297,656 6 3,225,343 2,072,313 726,888 2 694,848 32,040 3 3,328,065 4 3,328,065-3,586,627 9 3,586,627-86,344,051 100 6,553,408 79,790,643 39,497,110 100 5,948,898 33,548,212 2002 12 31 2003 6 30 5,948,898 604,510-6,553,408 (%) 20,812,672 24% 5% 9 2003 6 30 2002 12 31 % % 1 100,289,333 98 14,700,662 95 1 2 1,419,050 1 327,296 2 2 3 510,056 1 522,798 3 102,218,439 100 15,550,756 100 5% 31

2003 10 2003 6 30 2003 12 31 150,062,854 14,311,080 135,751,774 134,313,198 6,706,718 127,606,480 17,115,709-17,115,709 8,413,930-8,413,930 154,741,018 4,125,815 150,615,203 63,697,005-63,697,005 47,006,104-47,006,104 52,237,468-52,237,468 368,925,685 18,436,895 350,488,790 258,661,601 6,706,718 251,954,883 2002 12 31 2003 6 30 6,706,718 11,730,177 18,436,895 11 2003 6 30 2002 12 31 20,148,956 16,685,247 9,170,996 3,315,221 29,319,952 20,000,468 12 2002 12 31 2003 6 30 -- 9,000,000 - - 9,000,000 -- - - - - -- 9,000,000 - - 9,000,000 20% - - 20% 18% - - 18% -- 340,000 - - 340,000 -- - - - - -- 340,000 - - 340,000 34% - - 34% 34% - - 34% 32

2003 12 ( ) 2002 12 31 2003 6 30 -- - 17,428,000-17,428,000 -- - - - - -- - 17,428,000-17,428,000-30% - 30% - 30% - 30% -- 9,340,000 17,428,000-26,768,000 -- - - - - -- 9,340,000 17,428,000-26,768,000 -- 1,150,000 - - 1,150,000 -- 10% - - 10% -- 10% - - 10% -- 600,000 - - 600,000 -- 10% - - 10% -- 10% - - 10% -- - 2,475,000-2,475,000 -- - - - - -- - 2,475,000-2,475,000 -- - 55% - 55% -- 55% - 55% -- 1,750,000 2,475,000-4,225,000 -- - - - - -- 1,750,000 2,475,000-4,225,000 (29,712,251) - - (29,712,251) 36,101,476 - - 36,101,476-1,211,197-1,211,197-3,443,053-3,443,053-21,719,249-21,719,249 -- 6,389,225 26,373,499-32,762,724 17,479,225 46,276,499-63,755,724 33

2003 13 2002 12 31 330,140,792 846,815,073 138,795,633 77,897,032 32,500,707 1,426,149,237 649,870 43,635,691 11,505,627 2,546,860 3,237,270 61,575,317 43,445,983 94,100,218 27,516,839 13,499,216 5,205,949 183,768,205 1,543,302 29,290,060 7,674,188 2,439,890 1,353,144 42,300,584 (830,659) (37,846,471) (3,897,362) (1,555,371) (3,267,910) (47,397,773) 2003 6 30 374,949,288 975,994,571 181,594,924 94,827,627 39,029,160 1,666,395,570 2002 12 31 55,744,966 289,946,060 60,351,621 39,431,995 8,588,027 454,062,669 5,540,062 50,891,356 9,473,722 5,530,671 3,048,252 74,484,063 7,504,678 33,079,223 13,197,011 5,294,616 5,576,792 64,652,320 (533,237) (12,552,564) (1,767,514) (1,051,865) (2,961,535) (18,866,715) 2003 6 30 68,256,469 361,364,075 81,254,840 49,205,417 14,251,536 574,332,337 2002 12 31 577,000 24,420,793 3,230,582 52,169-28,280,544 145,030 3,211,971 5,600 3,500-3,366,101 (577,000) - (2,975,441) (52,169) - (3,604,610) 2003 6 30 145,030 27,774,933 260,741 3,500-28,042,035 2002 12 31 273,818,826 532,448,220 75,213,430 38,412,868 23,912,680 943,806,024 2003 6 30 306,547,789 586,855,563 100,221,512 45,618,710 24,777,624 1,064,021,198 2003 6 30 22,755,042 96,363,918 - - - 119,118,960 34

2003 14 2002 12 31 2003 6 30 % UHT 4,500 20,202,903 2,909,435 - - - 23,112,338 75% - 1,300 2,811,198 1,499,926 - - - 4,311,124 100% - - 7,492,278 703,000 - - - 8,195,278 100% - ERP - 2,434,000 3,651,000 - (6,085,000) - - - - 2,611 3,475,598 19,240,680 - (9,500) - 22,706,778 100% - 5,000 8,701,586 5,056,120 - - - 13,757,706 100% - 7,000 46,517,126 19,697,237 - - - 66,214,363 100% - 8,417 10,873,469 4,864,045 - - - 15,737,514 100% - POS - 2,008,655 6,453,537 - (3,858,490) (3,220,603) 1,383,099 - - 1,000-11,578,734 - - - 11,578,734 95% - - - 6,832,448 12,299,885 - - 19,132,333 100% - - 23,100,268 79,822,605 17,773,859 (32,347,594) (4,086,690) 84,262,448 - - 127,617,081 162,308,767 30,073,744 (42,300,584) (7,307,293) 270,391,715-35

2003 15 2002 12 31 2003 6 30 55,317,463 46,170,530 - - (842,101) (9,989,034) 45,328,429 23.5 47.5 2,243,502 1,751,178 - - (37,392) (529,716) 1,713,786 23 60,000,000 27,000,000 - - (3,000,000) (36,000,000) 24,000,000 4 1,707,620 583,437 - - (85,381) (1,209,564) 498,056 3 2,600,000 2,578,334 - - (43,334) (65,000) 2,535,000 29 78,083,479 - - (4,008,208) (47,793,314) 74,075,271 36

2003 16 2002 12 31 2003 6 30 81,168,056 35,408,051 19,376,774 - (10,350,977) (36,734,208) 44,433,848 1 5 ( ) 26,070,425 19,673,307 3,277,739 - (1,633,632) (4,753,012) 21,317,414 12.5 22,792,648 6,110,480 1,672,223 1,832,691 (2,065,872) (15,243,127) 7,549,521 130,031,129 61,191,838 24,326,736 1,832,691 (14,050,481) 56,730,347 73,300,783 37

2003 17 2003 6 30 2002 12 31 ( 1) 22,000,000 114,000,000 61,280,000 15,000,000-5,700,000 ( 2) 4,000,000-87,280,000 134,700,000 1 2: 2003 6 30 18 2003 6 30 2002 12 31 (%) (%) 1 437,185,713 97 318,321,862 99 1 2 11,857,172 3 3,266,166 1 449,042,885 100 321,588,028 100 5% 19 5% 20 38

2003 21 2003 6 30 2002 12 31-10,000,000 12,539,665 12,539,665 12,539,665 22,539,665 22 2003 6 30 2002 12 31 ( ) - 49,516,866-49,516,866-6,189,608 ( ) - 6,189,608-6,189,608 DanoneAsiaPteLtd.( ) - 6,189,608-15,000,000-138,792,164 02 23 2003 6 30 2002 12 31 57,226,919 71,179,023 7,498,107 (1,680,555) 721,480 1,924,181 65,446,506 71,422,649 24 2003 6 30 2002 12 31 (%) (%) 1 368,197,713 84% 245,530,018 85% 1 2 58,185,932 13% 27,440,880 9% 2 3 6,700,506 2% 10,288,911 4% 3 6,198,982 1% 6,569,147 2% 439,283,133 100% 289,828,956 100% 5% 39

2003 25 2003 6 30 2002 12 31 10,000,000 20,000,000 2.25 6.60% 20,000,000-1.17 6.039% 22,000,000-2.25-3.25 6.138% 15,800,000-0.25 6.633% 7,900,000-1.17 6.039% 26,001,840 24,534,300 17 4,000,000 4,000,000 2,000,000 2,000,000-300,000 107,701,840 50,834,300 (23,329,520) (7,701,960) 84,372,320 43,132,340 2003 6 30 2002 12 31 15,800,000-4,000,000 4,000,000 2,000,000 2,000,000 1,529,520 1,401,960-300,000 23,329,520 7,701,960 ( 26) 5,500,000 5,500,000 28,829,520 13,201,960 26 2003 6 30 2002 12 31 ( 1) 24,750,000 27,500,000 10 5,826,248 1,918,725 5 (5,500,000) (5,500,000) 25,076,248 23,918,725 1 40

27 2003 28 2002 12 31 2003 6 30 ( ) % 1. 25,059,142 3.85 2. 200,473,141 30.78 25,059,142 3.85 25,059,142 3.85 250,591,425 38.48 3. 200,473,141 30.78 DanoneAsiaPte.Ltd., 25,059,142 3.85 225,532,283 34.63-150,000,000 23.04 150,000,000 23.04 651,182,850 100.00 29 2002 12 31 796,297,297 1,007,080 797,304,377-5,027,735 5,027,735 2003 6 30 796,297,297 6,034,815 802,332,112 41

2003 30 2002 12 31 2003 6 30 50,573,522 44,425,854 94,999,376 31 35,193,261 125,556,070 160,749,331 32 2003 1 6 2002 1 6 21,098 16,351 (%) 7 7 33 2003 1 6 2002 1 6 8,724,510 13,170,777 (5,572,836) (2,543,675) 1,849,520 3,003,839 506,953 347,807 5,508,147 13,978,748 34 2003 1 6 2002 1 6 - (709,914) 1,688,808 609,503 1,688,808 (100,411) 42

2003 35 2003 1 6 2002 1 6 ( 1) 5,793,255 5,609,766 2 1,000,000-166,640 48,638 6,959,895 5,658,404 5.5% 6% 1 < > ( (1995)52 ) (2001)1 2, 02 36 2003 1 6 2002 1 6 5,899,118 7,701,680 (3,604,610) (6,345,795) 1,870,183 1,258,719 4,164,691 2,614,604 37 2003 1 6 2002 1 6 ( ) 64,200,102 59,823,722 : 4 43

2003 38 2003 1 6 2002 1 6 14,643 17,451 5,929 7,082 10,190 10,562 4,539 2,735 545 723 626 771 795 6,847 37,267 46,173 1,321 1,508 422 526 246 383 485 1,090 87 245 2,561 3,752 44

2003 39 ( ) ( ) ( ) ( ) 2003 2002 2003 2002 2003 2002 2003 2002 1 6 1 6 1 6 1 6 1 6 1 6 1 6 1 6 241,502 188,948 43,812 41,078 - - 285,314 230,026 2,179 2,917 - - (2,179) (2,917) - - 287,493 191,865 43,812 41,078 (2,179) (2,917) 285,314 230,026 155,073 114,564 32,587 30,368 - - 187,660 144,932 - - 2,179 2,917 (2,179) (2,917) - - 155,073 114,564 34,766 33,285 (2,179) (2,917) 187,660 144,932 88,608 77,301 9,046 7,793 - - 97,654 85,094 69,494 60,697 9,622 8,724 - - 79,116 69,421 19,629 16,032 (583) (931) - - 19,046 15,673 307,346 187,510 20,239 17,694 - - 327,585 205,204 118,907 125,429 18,906 16,484 - - 137,813 141,913 45

2003 40 1) 3 2) (1) 2003 6 30 ( ) ( ) 46

2003 40 ( ) 3) (1) 2003 1 6 2002 1 6 ( ) ( 1) 39,161,793 30,478,736-1,646,550-8,720,100 ( ) - 6,003,518 39,161,793 38,128,804 1.4% 2% 2003 1 6 2002 1 6 ( 1) 63,240,045 43,618,619-1,023,307 ( ) - 18,704,294 63,240,045 62,716,220 3% 4% 1 (2) 2003 1 6 2002 1 6-4,869,466 6,779,470 (3) 2003 1 6 2002 1 6-4,148,418 4,553,647 47

2003 40 ( ) 3) ( ) (4) 2003 6 30 2002 12 31 11,318,644 10,770,864 11,318,644 10,770,864 3% 3% - 4,087,583 15,363,330 5,181,429 815,761 571,894 16,179,091 9,840,906 3.6% 3% - 7,664,000-1,911,578-9,555,578-3% 5,500,000 5,500,000 19% 42% 19,250,000 22,000,000 77% 92% (5) - 100% 46,720,500 48

2003 40 ( ) 3) ( ) (6) 2000 12 1 402)(1) 5 534 403)(4) 403)(1) 41 48 41 2002 12 31 / 2003 6 30-305,674,384 298,434,053-604,108,437-6,389,225 26,373,499-32,762,724 - (27,498,107) 7,748,871 (13,466,129) (33,215,365) - 1,007,080 - - 1,007,080-285,572,582 332,556,423 (13,466,129) 604,662,876-9,340,000 17,428,000-26,768,000 -- - - - - 9,340,000 17,428,000-26,768,000-1,750,000 - (1,750,000) - 296,662,582 349,984,423 (15,216,129) 631,430,876 2003 6 30 37% 49

2003 41 ( ) 2003 1 6 2002 1 6 - (709,914) 204,337 609,503 1,305,937-7,748,871 (20,595,572) - - 9,259,145 (20,695,983) 2003 6 30 ( ) 5,916,000-5,916,000 21,000,000-21,000,000 5,100,000-5,100,000 36,436,500-36,436,500 14,250,000-14,250,000 82,603,000 118,099,318 200,702,218 19,449,345-19,449,345 8,952,144 2,160,000 11,112,144 2,257,900-2,257,900 11,203,385-11,203,385 18,000,000-18,000,000 1-1 1-1 18,000,000-18,000,000 8,000,000-8,000,000 13,940,000-13,940,000 15,000,000-15,000,000 14,570,700-14,570,700 18,000,000-18,000,000 100,000-100,000 100,000-100,000 100,000-100,000 100,000-100,000 100,000-100,000 100,000-100,000 202,000-202,000 100,000-100,000 100,000-100,000 16,742,475-16,742,475-18,000,000 18,000,000-46,720,500 46,720,500-54,800,000 54,800,000-80,000,000 80,000,000 330,423,451 319,779,818 650,203,269 50

2003 42 2003 6 30 2002 12 31 43,000,000-2,400,000-50,000,000-14,000,000-5,000,000-3,000,000-117,400,000-43 2002 12 31 128,469,180 405,791,998 64,682,278 58,605,990 25,462,500 683,011,946-1,784,084 6,446,529 1,069,092 2,595,000 11,894,705-1,205,642 6,733,361 1,453,891-9,393,894 1,341,490 27,335,990 7,298,846 2,070,802 28,057,500 66,104,628 2003 6 30 127,127,690 381,956,564 70,563,322 59,058,171-638,705,747 2002 12 31 33,056,306 187,488,801 31,274,520 29,311,906 6,715,210 287,846,743 226,328 19,698,259 4,301,838 3,590,882 1,600,200 29,417,507 258,712 14,469,412 2,511,638 1,513,203 8,315,410 27,068,375 2003 6 30 33,023,922 192,717,648 33,064,720 31,389,585-290,195,875 2002 12 31-17,071,970 3,117,610 52,169-20,241,749-1,107,208 (3,117,610) (52,169) - (2,062,571) 2003 6 30-18,179,178 - - - 18,179,178 2002 12 31 95,412,874 201,231,227 30,290,148 29,241,915 18,747,290 374,923,454 2003 6 30 94,103,768 171,059,738 37,498,602 27,668,586-330,330,694 51

2003 44 2003 1 6 2002 1 6 160,840 134,221 26,295 22,670 187,135 156,891 45 2003 6 30, : 6,682 46 47 48 1 2 3 52

2003 4 5 53