00 000936 00

3 5 7 12 16 19 21 36 38 41 84 2

1 Jiangsu Huaxicun CO., LTD. 2 3 0510-86217188 0510-86217149 0510-86217177 chinahuaxi@263.net 4 214420 http://www.jshuaxicun.com chinahuaxi@263.net 5 http://www.cninfo.com.cn 3

6 G 000936 125936 7 2005 6 27 3200001104476 320281142273776 18 8 4

1 56,689,222.93 41,770,817.76 39,254,508.18 90,473,440.41 30,709,910.55 55,707,968.18-169,075.88 50,000.00 1,100,330.63 91,809,625.18-158,884,591.65 : 1,100,330.63 50,000.00-148,423.88 1,972,774.82 236,827.56 221,544.43 2,516,309.58 2 2005 2004 2003 2,207,437,217.00 2,510,840,521.13 874,013,581.97 41,770,817.76 65,952,419.84 59,776,501.01 2,320,015,145.37 2,171,967,199.68 1,476,968,033.10 ( 715,707,154.97 699,203,455.03 639,396,691.22 5

( ) 0.14 0.22 0.36 ( ) 0.14 0.22 0.36 2.36 2.31 3.81 2.35 2.30 3.79 0.30 0.12-0.07 5.84 9.43 9.35 5.94 9.85 9.72 5.59 9.15 9.47 4 302,743,592.00 775,071.00 0.00 303,518,663.00 119,908,451.97 4,232,170.38 0.00 124,140,622.35 56,997,714.47 7,090,174.23 0.00 64,087,888.70 18,999,238.17 2,363,391.41 0.00 21,362,629.58 219,553,696.59 41,770,817.76 37,364,533.43 223,959,980.92 699,203,455.03 53,868,233.37 37,364,533.43 715,707,154.97 (1) 2005 5,007,000 775,071 4,231,887.52 (2) 282.86 (3) 10% 4,726,782.82 5% 2,363,391.41 (4) 2004 2004 10 1 ( ) 30,274,359.20 6

1 1 + - 226,801,440 74.92% -36,057,095-36,057,095 190,744,345 62.84% 1 2 3 226,801,440 74.92% -36,057,095-36,057,095 190,744,345 62.84% 226,800,000 74.92% -36,057,771-36,057,771 190,742,229 62.84% 1,440 +676 +676 2,116 4 75,942,152 25.08% +36,057,095 +36,832,166 112,774,318 37.16% 1 75,942,152 25.08% 775,071 +36,057,095 +36,832,166 112,774,318 37.16% 2 3 4 302,743,592 100% 775,071 0 775,071 303,518,663 100% 2006 11 8 10,410,829 180,333,516 123,185,147 1 2007 11 8 15,175,933 165,157,583 138,361,080 2 2008 11 8 165,157,583 0 303,518,663 2 1 180,333,516 2007 11 8 15,175,933 2008 11 8 165,157,583 2 7

2 8,678,771 2006 11 8 8,678,771 3 865,062 2006 11 8 4 691,940 2006 11 8 5 172,940 2006 11 8 865,062 691,940 172,940 1 12 2 24 12 5% 6.50 / 2 2003 8 21 [2003]100 9 1 40000 100 5 9 16 125936 10 4.7 226,800,000 74.72% 76,718,663 25.28% 190,744,345 62.84% 112,774,318 37.16% 2 1 18,831 10 59.41% 180,333,516 180,333,516 0 2.86% 8,678,771 8,678,771 0 1 8

0.44% 1,323,000 0 0.29% 865,062 865,062 0 0.28% 853,616 0 0.23% 691,940 691,940 0 0.14% 423,360 0 0.14% 413,734 0 0.14% 410,300 0 0.13% 394,900 0 10 1,323,000 853,616 423,360 413,734 410,300 394,900 369,400 360,481 349,800 342,900 2 5% 34,090,116 180,333,516 3 9

90192.9 4 100% 59.41% 5 10% 3 1 4 2003 9 1 11.86 2004 6 15 2003 2004 6 16 11.86 6.56 2005 5 16 2004 2005 5 17 6.56 6.46 2005 12 9 2005 12 13 6.46 5.81 2 2004 3 1 10

7,271,000 G 966,023 1.82% 392, 729,000 3 1,756 1 CITIGROUP GLOBAL MARKETS LIMITED 75,252,900 2 56,444,400 3 30,365,200 4 22,501,600 5 21,784,200 6 21,752,100 7 18,339,500 8 17,070,600 9 UBS LIMITED 10,067,800 10 7,702,000 4 5 100% AAA 2005 2,320,015,145.37 1,572,919,070.03 67.80% 3.93 2006 8 31 11

1 ( ) ( ) 33 2005.5-2008.5 0 0 9 41 2005.5-2008.5 0 0 9 42 2005.5-2008.5 0 0-46 2005.5-2008.5 0 0 5 54 2005.5-2008.5 0 0 6.5 32 2005.5-2008.5 1440 2116 5 30 2005.5-2008.5 0 0 3 49 2005.5-2008.5 0 0 3 44 2005.5-2008.5 0 0 3 38 2005.5-2008.5 0 0 5.5 35 2005.5-2008.5 0 0 1.8 42 2005.5-2008.5 0 0-36 2005.5-2008.5 0 0-35 2005.5-2008.5 0 0-676 2116 2 2001 2002 5 2002 5 2005 5 2005 5 12

2001 2005 5 2001 1 2002 5 2002 5 2003 7 2003 7 2001 1 2005 5 2001 1 2003 5 2003 5 2005 5 2005 5 2001 1 2001 8 2001 8 2002 8 2002 10 2005 5 2005 5 2001 1 2003 1 2003 1 2004 5 2004 6 2003 5 2001 2002 5 2001 2002 5 2001 2005 5 2001 2002 13

5 2001 1 2002 5 2002 6 2004 12 2004 12 2005 5 2001 1 2002 12 2003 1 2005 5 2001 1 2005 5 2 50.8 24.5 20.5 3 14 10 9 2 5-9 4 5 4 3 2005 14

2005 4 3144 (1) 149 50 166 123 2656 (2) 305 835 2004 15

1 2004 (1) (2) (3) 16

(4) (5) (6) (7) 2004 2 (1) ( ) ( ) ( ) 17

6 6 0 0 6 5 1 0 6 6 0 0 00 (2) 3 3 (1) (2) (3) HUAXICUN (4) (5) 4 18

1 1 2005 3 12 2004 2005 4 14 2004 5 22680 74.91% 2004 2004 2004 2004 2004 2004 2005 4 15 2 2005 4 15 2005 2005 5 26 19

2005 6 226803600 74.92% 1 3600 2005 5 27 3 2005 9 26 2005 10 25 27 2005 11 1 1,664 246,686,079 303,518,509 81.28% 1,659 19,886,079 76,718,509 25.92% 2005 11 2 20

1 (1) 7424 7024 400 344.44% (2) 99.2% 5.6% 5599 36.08% 235.17% (3) 21

2005 2005 1 1 2005 40-50% 2005 220,743.72 12.08% 5,668.92 38.82% 4,177.08 36.67% 9,180.96 152.94% 2 (1) 2,056,724,689.86 64,667,026.31 133,119,694.33 23,200,622.07 17,592,832.81 2,605,792.03 2,207,437,217.00 90,473,440.41 (2) 1,438,183,333.29 25,624,842.64 266,753,959.68 7,154,811.03 173,960,141.48 29,430,053.69 22

133,119,694.33 23,200,622.06 195,420,088.22 15,102,043.31 2,2074,372,173.00 90,473,440.41 (3) : 1,701,988,064.67 77,023,913.40 114,335,297.62 3,941,186.51 241,167,912.33 4,104,898.17 116,989,128.10 3,258,573.35 32,956,814.28 2,144,868.98 2,207,437,217.00 90,473,440.41 (4) 10% 10% 1,438,183,333.29 1,409,559,989.33 1.78% 266,753,959.68 259,042,987.22 2.68% 173,960,141.48 144,167,394.31 16.92% 133,119,694.33 109,641,527.97 17.43% (5) ( ) (%) 2005 2004 2005 2004 % 56,689,222.93 92,652,454.99 30,709,910.55 3,686,133.04 54.17 3.98 50.19 65,475,382.78 57,799,566.28 115.50 62.38 53.12 1 50.19 2 53.12 (6) 17.43% 2004 5.22% 12.21 23

04 17.39% 1.78% 2004 4.61% 2.83 (7) 74,005.03 35.03% 56,530.27 25.61% 3 2005 2004 2,320,015,145.37 100% 2,171,967,199.68 100% - 57,578,976.96 2.48% 87,592,848.36 4.03% -1.55% 411,062,139.28 17.72% 271,275,565.13 12.49% 5.23% 27,207,046.21 1.17% 27,227,698.21 1.25% -0.08% 1,140,123,234.46 49.14% 1,038,319,249.70 47.81% 1.33% 1,560,703.70 0.07% 42,816,798.40 1.97% -1.90% 340,000,000.00 14.66% 570,000,000.00 26.24% -11.59% 395,478,103.00 17.05% 400,122,416.00 18.42% -1.38% 423,409,026.54 18.25% 231,200,000.00 10.64% 7.61% 307,504,430.00 13.25% 106,013,725.16 4.88% 8.37% 2.48% 1.55 17.72% 5.23 (1) (2) 24

0.07% 1.9, 14.66% 11.59 18.25% 7.61 13.25% 8.37 4 2005 14,354,696.21 15.03% 18,880,461.91 2.12% 32,240,224.66 49.14% 80% 4-6 14295085.23 42.90% 38.82% 5 2005 398,665,938.10 191,661,484.12 207,004,453.98 158,884,591.65 91,809,625.18-61059440.50-194,953,812.88 5,319,036.55 2005 12.08% 0.8% 25

1.59% 152.94% 6 106.86 75t/h 496.03 665.06 4338.21 177.93% 2005 4177.08 9180.96 (1) 7606.94 (2) 3105.11 (3) 13858.89 11124.51 19240.34 5743.05 6 2005 10 60% 80% 90%,,,, 7 600 75% 6121.01 5559.48 15.19% 2005 2000-2004 1350.21 26

5322.24 19.15% 354.29 31.85% 200 75% 2327.89 1964.04 3.78% 2005 2000-2004 320 5005.17 242.82 59.78% 65.96% 650 75% 5108.41 5032.02 720.35-347.78 1 (1) PTA 30-40% 2005 280 100 27

100 2006 PTA PTA (2) 2 3 2006 28

(1) (2) (3) (4) 4 2006 28.5 2006 3.93 2006 8 31 29

5 PTA PTA PTA PX 1 2003 39034 ( ) 1 1 PBT 4,898.58 197.20 2 6 4,771.90 661.31 3 1,583.97 305.34 30

4 4000 3,465.17-347.78 5 3 4,169.63 838.24 6 3.5 4,504.40 1170.49 7 6,151.13-8 9,489.22 - - 39,034.00-2824.80 2 75t/h 496.03 156.07 1926.47 11 69.59 1 1 2005 3 10 2005 3 12 2 2005 4 14 2005 4 15 3 2005 5 26 2005 5 27 4 2005 8 12 2005 8 13 5 2005 10 20 31

00 6 2005 12 9 2005 12 10 2 2004 2005 5 16 10 1 2005 5 16 2005 5 17 2005 5 10 2005 5 17 2005 11 1 2005 11 4 11 8 G 2005 4278.95 10% 427.89 5% 213.95 22075.57 2004 3027.44 22685.24 2005 10 1 1 2 32

2006 98 [2003]56 56 2005 2005 2005 2005 2005 2005-29.05 15,903.89-15,879.13-4.29-9,844.12-9,844.12 - - 71.93 71.93 - - 1,831.58-1,831.58-0 64 4,323.01-4,323.65 - - 14.54-14.54 - - 12.33-14.76-2.43-9.10-9.10-6.54 6.43-12.97 - -21.87 32,016.93 32,001.78-6.72 33

2005 2005 2005 2005 2005-1,285.10-1,285.10 - - 5.68 5.68 - - 4,112.73-4,112.73 - - 114.01-114.01 - - 1,514.12-1,514.12 - - 3,200.29-3,200.29-2,037.35 0.36-2,037.71 - - 5,760.16-5,760.16-2,037.35 15,992.45-18,029.80-2005 56 1 2 3 4 5 6 2005 12 31 34

2005 56 2006 3 27 3 [2003]56 56 70% 50% 00 35

1 (1)2005 3 10 00 00 00 2005 3 12 (2)2005 4 14 00 2005 4 15 (3)2005 5 26 2005 5 27 (4)2005 8 12 00 00 2005 8 13 2 2005 (1) 36

(2) (3) (4) (5) (6) 37

1 2 3 (1) 13,574.35 79.08% 6,186.35 57.32%,, (2) 38

(3) (4) 3 4 5 6 5% 2005 11 1 2005 11 8 1 24 12 5% 6.50 / 2 (3) (4) 7 42 7 8 39

9 2005 9 23 9 26 2005 10 12 2005 11 1 98.82% 85.40% 2005 11 8 G 2005 9 26 10 12 11 2 11 4 11 8 11 9 40

1 2006 436 2005 12 31 2005 2005 12 31 2005 2006 3 27 41

2005 12 31 1 398,665,938.10 373,844,407.65 485,391,421.06 475,568,177.39 2 459,758.40 459,758.40 617,300.00 617,300.00 3 509,046,581.00 508,116,581.00 368,960,903.84 363,559,084.94 - - - - - - - - 4 1 57,578,976.96 50,250,805.02 87,592,848.36 80,326,004.82 5 2 320,145.61 276,123.71 607,750.51 19,843,409.20 6 57,959,371.82 57,599,095.39 55,981,432.57 53,485,323.31 - - - - 7 411,062,139.28 395,805,915.85 271,275,565.13 260,649,576.38 8 1,895,740.16 1,894,750.16 247,919.76 247,919.76 - - - - - - - - 1,436,988,651.33 1,388,247,437.18 1,270,675,141.23 1,254,296,795.80 9 3 27,207,046.21 121,373,537.37 27,227,698.21 102,875,885.76 - - - - 27,207,046.21 121,373,537.37 27,227,698.21 102,875,885.76 506,216.21 526,868.21 506,216.21 526,868.21 10 1,140,123,234.46 1,026,408,026.57 1,038,319,249.70 952,249,598.20 10 288,031,169.28 260,601,104.85 209,709,969.68 191,278,193.20 10 852,092,065.18 765,806,921.72 828,609,280.02 760,971,405.00 10 - - - - 10 852,092,065.18 765,806,921.72 828,609,280.02 760,971,405.00 - - - - 11 1,560,703.70 1,560,703.70 42,816,798.40 15,865,104.83 - - - - 853,652,768.88 767,367,625.42 871,426,078.42 776,836,509.83 - - - - 12 2,166,678.95 1,619,900.78 2,638,281.82 1,850,242.53 - - - - 2,166,678.95 1,619,900.78 2,638,281.82 1,850,242.53 - - - - 2,320,015,145.37 2,278,608,500.75 2,171,967,199.68 2,135,859,433.92 : : 42

2005 12 31 13 340,000,000.00 340,000,000.00 570,000,000.00 570,000,000.00 14 423,409,026.54 423,409,026.54 231,200,000.00 231,200,000.00 15 307,504,430.00 304,243,849.46 106,013,725.16 101,605,694.70 16 86,791,103.97 84,528,031.79 99,450,044.88 97,619,079.28 17 5,099,525.29 1,442,142.85 4,480,969.79 1,704,052.35 15,296,054.63 15,296,054.63 12,861,018.56 12,861,018.56 - - - - 18-3,721,344.05-3,992,689.51 19,062,135.16 18,743,405.71 19 133,504.57 70,076.90 497,516.79 434,089.12 20 2,455,575.81 1,953,659.85 1,949,534.30 1,474,668.42 21 473,090.27 473,090.27 1,910,231.52 1,910,231.52 - - - - - - - - - - - - 1,177,440,967.03 1,167,423,242.78 1,047,425,176.16 1,037,552,239.66 - - - - 22 395,478,103.00 395,478,103.00 400,122,416.00 400,122,416.00 - - - - - - - - - - - - 395,478,103.00 395,478,103.00 400,122,416.00 400,122,416.00 - - - - 1,572,919,070.03 1,562,901,345.78 1,447,547,592.16 1,437,674,655.66 31,388,920.37 25,216,152.49 23 303,518,663.00 303,518,663.00 302,743,592.00 302,743,592.00 303,518,663.00 303,518,663.00 302,743,592.00 302,743,592.00 24 124,140,622.35 124,140,622.35 119,908,451.97 119,908,451.97 25 64,087,888.70 61,195,489.33 56,997,714.47 54,777,065.15 25 21,362,629.58 20,398,496.45 18,999,238.17 18,259,021.72 26 223,959,980.92 226,852,380.29 219,553,696.59 220,755,669.14 715,707,154.97 715,707,154.97 699,203,455.03 698,184,778.26 2,320,015,145.37 2,278,608,500.75 2,171,967,199.68 2,135,859,433.92 43

2005 27 4 2,207,437,217.00 2,134,443,628.19 2,510,840,521.13 2,442,389,316.88 27 4 2,112,525,772.45 2,044,238,217.81 2,361,820,407.12 2,302,276,754.40 28 4,438,004.14 4,438,004.14 4,839,553.00 4,831,978.00 90,473,440.41 85,767,406.24 144,180,561.01 135,280,584.48 29 30,709,910.55 30,206,726.32 3,686,133.04 2,938,025.52 14,354,696.21 13,538,207.90 16,893,968.26 16,293,110.44 18,880,461.91 16,253,127.90 19,288,893.58 18,180,043.42 30 32,240,224.66 32,306,114.15 21,616,704.44 21,650,106.10 55,707,968.18 53,876,682.61 90,067,127.77 82,095,350.04 31 5-169,075.88 1,700,883.91-123,280.88 4,872,970.34 32 50,000.00 50,000.00 211,393.00 210,220.00 33 1,100,330.63 415,330.63 2,575,346.08 1,825,346.08 34 - - 78,130.98 56,160.55 56,689,222.93 56,042,897.15 92,652,454.99 88,947,725.91 35 14,295,085.23 13,253,402.62 25,034,618.08 24,044,743.24 623,319.94 1,665,417.07 - - 41,770,817.76 42,789,494.53 65,952,419.84 64,902,982.67 219,553,696.59 220,755,669.14 206,133,861.84 207,635,833.87 - - - - 261,324,514.35 263,545,163.67 272,086,281.68 272,538,816.54 4,726,782.82 4,278,949.45 6,989,923.40 6,490,298.27 2,363,391.41 2,139,474.73 3,494,961.69 3,245,149.13 - - - - - - - - - - - - - - - - 254,234,340.12 257,126,739.49 261,601,396.59 262,803,369.14 - - - - - - - - 30,274,359.20 30,274,359.20 8,409,540.00 8,409,540.00 - - 33,638,160.00 33,638,160.00 223,959,980.92 226,852,380.29 219,553,696.59 220,755,669.14 1. 0.00 0.00 0.00 0.00 2. 0.00 0.00 0.00 0.00 3. 0.00 0.00 0.00 0.00 4. 0.00 0.00 0.00 0.00 5. 0.00 0.00 0.00 0.00 6. 0.00 0.00 0.00 0.00 44

2005 2,717,977,410.63 2,614,275,170.63 560,525.41 162,656.50 1,556,131.89 21,061,815.35 2,720,094,067.93 2,635,499,642.48 2,504,666,103.60 2,424,844,201.39 38,846,187.67 33,391,606.70 65,078,453.15 60,720,223.18 36 19,693,698.33 18,999,037.38 2,628,284,442.75 2,537,955,068.65 91,809,625.18 97,544,573.83 5,880.00 5,880.00 3,237.72 12,529,839.26 - - - - 9,117.72 12,535,719.26 61,068,558.22 59,552,858.55-29,174,662.50 - - 61,068,558.22 88,727,521.05-61,059,440.50-76,191,801.79 9,725,264.65 - : 9,724,887.50 755,000,000.00 755,000,000.00 8,153,499.51 8,101,994.85 772,878,764.16 763,101,994.85 890,500,041.48 890,500,041.48 76,829,330.42 72,653,796.57 : 4,175,533.85 503,205.14 503,205.14 967,832,577.04 963,657,043.19-194,953,812.88-200,555,048.34 5,319,036.55 5,319,397.87-158,884,591.65-173,882,878.43 45

1 41,770,817.76 42,789,494.53 623,319.94 - - - -1,972,774.82-2,973,912.30 78,322,829.20 69,322,911.65 - - 1,419,153.02 712,089.26-1,647,820.40-1,646,830.40-850,000.00-850,000.00 : 5,570.40 - - - 31,051,126.40 31,102,269.74 169,075.88-1,700,883.91 - - -138,588,871.35-134,236,958.47-111,245,068.09-97,232,251.55 192,403,433.03 192,258,645.28 348,834.21-91,809,625.18 97,544,573.83 2 5,006,958.52 5,006,958.52 - - - - 3 37 207,004,453.98 182,182,923.53 365,889,045.63 356,065,801.96 - - - - -158,884,591.65-173,882,878.43 46

2005 (%) ( / ) 12.64 12.87 0.30 0.30 7.78 7.93 0.18 0.18 5.84 5.94 0.14 0.14 5.48 5.59 0.13 0.13 : 47

5,203,979.91-775,072.02 775,072.02 4,428,907.89 5,171,361.46-760,668.66 760,668.66 4,410,692.80 32,618.45-14,403.36 14,403.36 18,215.09 235,080.00 151,661.60 386,741.60 235,080.00 151,661.60 386,741.60 1,914,075.11-1,197,702.80 1,197,702.80 716,372.31 1,202,324.98-489,703.84 489,703.84 712,621.14 711,750.13-707,998.96 707,998.96 3,751.17 2005 48

1999 4 1999 7 13 [1999]81 3,500 1999 8 10 14,000.00, 3200001104476 2000 10 2 16,800.00, 2001 4 28 [2003]100 2003 9 1 400,000,000.00 100 5 2003 9 16 2004 6 134,743,440.00 190,800.00 2003 2003 10 2 33,638,160.00 10 6 100,914,480.00 134,743,440.00 302,743,440.00 (2004)27 2004 152.00 302,743,592.00 (2005)1168 2005 6 17 2005 775,071.00 303,518,663.00 49

1 2 3 4 5 6 7 1 2 50

3 8 1 A B 2 1 1 5% 1-2 10% 2-3 30% 3-4 50% 4-5 80% 5 100% 9 1 2 3 4 10 1 20% 20% 20% 51

20% 20% 20% 50% 50% 10 2 3 11 1 2000 1 2000 2 2 3% 52

8-35 12.13%-2.77% 10-14 9.70%-6.93% 5 19.40% 3 12 1 2 3 13 1 2 3 14 15 1 53

2 16 17 1 2 3 54

18 19 50% 50% 1, 17% 2 1 33% 2 A, 12% B, 12% C 3 A 5% B [2004]10 2004 55

1 1 3% 1% 1% C 2004 1 1 2004 1 31, 1.5% 0.6% 0.1% [2004]11 2004 2 1 0.9% 0.4% 0.1% : 75% 600 200 75% 650 75% 1 2005 12 31 398,665,938.10 1-188.00-206,458,266.38 365,645,722.56 56

- 1 329,361.44 4,631.19 2 191,878,310.28 119,740,879.31 398,665,938.10 485,391,421.06 1: 1 =8.0702 2: 2 2 2005 12 31 846,500.00 386,741.60 459,758.40 (1) : 846,500.00 386,741.60 852,380.00 235,080.00 2 3 2005 12 31 3 2005 12 31 509,046,581.00, : (1) : 509,046,581.00 368,960,903.84 2 101,909,026.54 3 5% 5% 4 37.97% 57

4 2005 12 31 61,989,669.76 4,410,692.80, 57,578,976.96 (1) : 54,620,732.96 88.11% 2,731,036.66 88,963,713.47 95.91% 4,448,185.67 4,634,728.76 7.48% 463,472.88 2,662,822.60 2.87% 266,282.26 1,621,539.29 2.62% 486,461.78 559,716.79 0.60% 167,915.04 534,711.79 0.86% 267,355.91 577,956.96 0.62% 288,978.49 577,956.96 0.93% 462,365.57 - - - - - - - - - 61,989,669.76 100.00% 4,410,692.80 92,764,209.82 100.00% 5,171,361.46 2 5% 5% 3 31,114,230.53, 50.19% 4 33.18% 5 2005 12 31 338,360.70 18,215.09, 320,145.61 1 : 58

318,419.70 94.11% 15,920.99 636,368.96 99.38% 31,818.45 18,441.00 5.45% 1,844.10 2,000.00 0.31% 200.00 1,500.00 0.44% 450.00 2,000.00 0.31% 600.00 338,360.70 100.00% 18,215.09 640,368.96 100.00% 32,618.45 2 5% 5% 3 296,102.90, 87.51% 4 47.16% 6 2005 12 31 57,959,371.82 : 1 : 57,757,243.81 99.65% 55,919,585.85 99.89% 154,083.14 0.27% 61,846.72 0.11% 48,044.87 0.08% - - 57,959,371.82 100.00% 55,981,432.57 100.00% 2 5% 5% 3 7 2005 12 31 411,778,511.59 716,372.31 411,062,139.28, 1 : 59

188,778,533.99-103,397,547.14-311,080.82-426,000.68-23,490,825.32 3,751.17 21,121,373.58 711,750.13 197,150,370.01 712,621.14 147,294,745.39 1,202,324.98 2,047,701.45-949,973.45-411,778,511.59 716,372.31 273,189,640.24 1,914,075.11 2 2005 12 31 3 50.73% 8 2005 12 31 1,895,740.16 1 247,919.76 2,485,815.65 838,985.25 1,894,750.16-2,970.00 1,980.00 990.00 247,919.76 2,488,785.65 840,965.25 1,895,740.16 2 1,647,820.40 9 2005 12 31 27,207,046.21, 27,207,046.21 60

1 1 506,216.21 2 26,700,830.00 27,207,046.21 1 75%, : 615,572.62 351 529,626.62 21,048.00 508,578.62-4,375.41 132-2,758.41-396.00-2,362.41 611,197.21 526,868.21 20,652.00 506,216.21 2 1.0077% 2 3 10 2005 12 31 1,140,123,234.46, 288,031,169.28, 852,092,065.18 852,092,065.18 : 1 216,606,518.05 52,243,952.15-268,850,470.20 812,500,755.96 48,128,314.13 697,388.71 859,931,681.38 9,211,975.69 2,136,307.19 7,200.00 11,341,082.88 1,038,319,249.70 102,508,573.47 704,588.71 1,140,123,234.46 2 61

36,337,000.98 7,553,545.06-43,890,546.04 168,791,567.77 69,614,721.28 214,006.92 238,192,282.13 4,581,400.93 1,368,569.78 1,629.60 5,948,341.11 209,709,969.68 78,536,836.12 215,636.52 288,031,169.28 3 828,609,280.02 852,092,065.18 4 46,216,384.68 5 6 11 2005 12 31 1,560,703.70 1,560,703.70 : 1 ( ) 4000 26,951,693.57-26,951,693.57-4,087.00 75 15,865,104.83 4,960,289.98 19,264,691.11 1,560,703.70 1,800.00 95% 42,816,798.40 4,960,289.98 46,216,384.68 1,560,703.70 2 3 4 96.35% 12 2005 12 31 2,166,678.95, : ( ) 1,100,000.00 293,600.00-220,000.00 73,600.00 4 62

400,000.00 114,250.00-80,000.00 34,250.00 5 140,000.00 112,000.04-27,999.96 84,000.08 36 451,234.43 451,234.43-451,234.43-2,597,189.96 1,463,759.49 947,550.15 589,059.14 1,822,250.50 254,297.46 203,437.86-50,859.49 152,578.37 4,942,721.85 2,638,281.82 947,550.15 1,419,153.02 2,166,678.95 13 2005 12 31 340,000,000.00 1 - - 340,000,000.00 570,000,000.00 - - - - 340,000,000.00 570,000,000.00 2 3 40.35% 14 2005 12 31 423,409,026.54, : 1 423,409,026.54 231,200,000.00 2 5%( 5%) 3 2005 12 31 4 83.14% 63

15 2005 12 31 307,504,430.00, : (1) : 290,143,039.33 94.35% 101,807,744.22 96.03% 15,632,365.91 5.08% 2,459,622.66 2.32% 898,166.88 0.29% 500,662.89 0.47% 450,114.52 0.15% 1,245,695.39 1.18% 380,743.36 0.13% - - 307,504,430.00 100.00% 106,013,725.16 100.00% (2) 5%( 5%) (3) 3 830,857.88, (4) 190.06% 16 2005 12 31 86,791,103.97, (1) : 62,573,595.23 72.10% 95,197,141.61 95.72% 21,538,859.57 24.82% 3,479,368.77 3.50% 2,099,022.32 2.42% 518,263.85 0.52% 497,810.25 0.57% 174,654.05 0.18% 1,200.00 0.00% 570.00 0.00% 80,616.60 0.09% 80,046.60 0.08% 64

86,791,103.97 100.00% 99,450,044.88 100.00% (2) 5% 5% 42,893.19 59.41% (3) 1 24,217,508.74, 17 2005 12 31 5,099,525.29 18 2005 12 31-3,721,344.05, : 1 : -6,657,275.89 10,778,879.69 87,596.11 542,611.40-192,914.43 5,350,206.43 123,350.00 20,906.80 1,874,533.87 1,575,507.96 366,405.12 9,600.00 33,755.06 33,755.06 643,206.11 750,667.82-3,721,344.05 19,062,135.16 2 3 119.52% 65

19 2005 12 31 133,504.57 : 1 133,504.57 497,516.79 2 73.17% 20 2005 12 31 2,455,575.81 : (1) : 617,123.39 25.13% 558,488.75 22.75% 458,269.55 18.66% 389,813.32 15.87% 431,880.80 17.59% 2,455,575.81 100.00% 2 5%( 5%) 3 821,694.12, 21 2005 12 31 473,090.27 1 157,365.27 1,007,365.27 66

315,725.00 902,866.25 473,090.27 1,910,231.52 2 75.23% 22 2005 12 31 395,478,103.00 : 1 5 2003.09.01 392,729,000.00 2,749,103.00 395,478,103.00 397,736,000.00-5,007,000.00 1 392,729,000.00 2,386,416.00 7,521,917.00 7,159,230.00 2 2,749,103.00 400,122,416.00 7,521,917.00 12,166,230.00 395,478,103.00 1 5,006,958.52 41.48 2 2 2003 9 1 [2003]100 400,000,000.00 100 5 2003 9 1 1.6% 1.8% 2.1% 2.4% 2.7% 2003 9 1 2004 3 1 2008 8 31 2005 12 13 5.82,2006 2 16 5.24 67

23 2005 12 31 303,518,663.00 1, 1 ( ) 1 226,800,000.00 226,800,000.00 226,800,000.00 226,800,000.00 2 3 4 226,800,000.00 226,800,000.00 75,943,592.00 775,071.00 76,718,663.00 75,943,592.00 775,071.00 76,718,663.00 302,743,592.00 775,071.00 303,518,663.00 2005 775,071.00 2 ( ) 190,742,229.00 62.84% 2,116.00 0.00% 68

190,744,345.00 62.84% 112,774,318.00 37.16% 112,774,318.00 37.16% 303,518,663.00 100.00% 2005 11 1, 10 4.7 2005 11 8 36,057,771.00 ( ) 1,440.00 676.00 2,116.00 24 2005 12 31 124,140,622.35 119,908,451.97 4,231,887.52 1-124,140,339.49-282.86 2-282.86 119,908,451.97 4,232,170.38-124,140,622.35 1 2 25 2005 12 31 64,087,888.70 36,518,043.43 4,278,949.45 1-40,796,992.88 69

18,259,021.72 2,139,474.73 1-20,398,496.45 1,480,432.87 447,833.37 2-1,928,266.24 740,216.45 223,916.68 2-964,133.13 56,997,714.47 7,090,174.23-64,087,888.70 1 2005 2005 10% 5% 2 26 2005 12 31 223,959,980.92 41,770,817.76 219,553,696.59 261,324,514.35 4,726,782.82 1 2,363,391.41 1 254,234,340.12 30,274,359.20 2-223,959,980.92 3 1 25 2 2004 2004 10 1 30,274,359.20 3 2005 2005 10 1 70

2005 2005 27 2005 2,207,437,217.00 2,112,525,772.45 : 3,464,025,173.33 3,538,451,197.89 3,395,234,366.87 3,397,645,265.43 68,790,806.46 140,805,932.46 171,657,707.76 150,222,736.11 148,179,541.40 144,004,831.03 23,478,166.36 6,217,905.08 28,013,511.42 14,551,529.26 25,371,039.69 12,753,586.13 2,642,471.73 1,797,943.13-1,456,259,175.51-1,192,384,942.13-1,456,259,175.51-1,192,583,275.47-198,333.34 2,207,437,217.00 2,510,840,521.13 2,112,525,772.45 2,361,820,407.12 94,911,444.55 149,020,114.01 565,302,691.33, 25.61% 28 2005 4,438,004.14 : 1,066,624.52 1,285,499.37 975,435.88 - - 7,575.00 2,395,943.74 3,546,478.63 4,438,004.14 4,839,553.00 29 2005 30,709,910.55 : 200,042,539.47 171,249,427.72 28,793,111.75 11,367,990.82 8,585,061.35 2,782,929.47 71

11,671,643.50 9,754,844.70 1,916,798.80 4,889,541.09 4,344,354.77 545,186.32 3,049,185.64 3,049,185.64-3,321,949.74 2,963,932.49 358,017.25 214,763,368.61 184,053,458.06 30,709,910.55 19,579,481.65 15,893,348.61 3,686,133.04 27,023,777.51 30 2005 32,240,224.66 : 44,020,457.32 42,958,980.68 8,172,029.72 22,997,031.81-5,319,036.55 3,457.01 1,207,628.47 1,253,562.56 503,205.14 397,736.00 32,240,224.66 21,616,704.44 49.14%, 31 2005-169,075.88 : -20,652.00-20,652.00 3,237.72 10,231.12-151,661.60-112,860.00-169,075.88-123,280.88 9 72

32 2005 50,000.00 50,000.00 200,000.00-11,393.00 50,000.00 211,393.00 76.35%, 33 2005 1,100,330.63 228,119.66 1,806,956.65 685,000.00 450,000.00-150,000.00 187,210.97 168,389.43 1,100,330.63 2,575,346.08 57.27%, 34 2005-55,414.10-20,130.45-2,586.43-78,130.98 35 2005 14,295,085.23 : 73

56,042,897.15 88,947,725.91-2,563,765.62 2,139,396.56 4,946,735.30 10,339,803.06 48,532,396.23 80,747,319.41 33% 33% 16,015,690.76 26,646,615.41 2,762,288.14 2,601,872.17 13,253,402.62 24,044,743.24 1,041,682.61 989,874.84 14,295,085.23 25,034,618.08 42.90% 36 2005 19,693,698.33 10,878,668.47 2,374,828.30 1,749,382.54 720,122.86 631,832.64 545,855.80 490,421.90 409,513.92 400,000.00 367,900.00 37 2005 207,004,453.98 74

398,665,938.10 485,391,421.06 191,661,484.12 119,502,375.43 207,004,453.98 365,889,045.63 1 2005 12 31 53,909,132.85 3,658,327.83 50,250,805.02, : 1 48,377,199.94 89.74% 2,418,860.00 82,805,874.58 97.41% 4,140,293.73 3,996,573.22 7.41% 399,657.32 1,166,008.82 1.37% 116,600.88 505,078.37 0.94% 151,523.51 460,626.87 0.54% 138,188.06 453,126.87 0.84% 226,563.44 577,154.45 0.68% 288,577.23 577,154.45 1.07% 461,723.56 - - - - - - - - - 53,909,132.85 100.00% 3,658,327.83 85,009,664.72 100.00% 4,683,659.90 2 5% 5% 3 27,470,362.94, 50.96% 4 36.58% 75

2 2005 12 31 291,419.70 15,295.99 276,123.71, : 1 : 282,919.70 97.08% 14,145.99 20,885,904.42 99.99% 1,044,295.22 7,000.00 2.40% 700.00 2,000.00 0.01% 200.00 1,500.00 0.52% 450.00 - - - 291,419.70 100.00% 15,295.99 20,887,904.42 100.00% 1,044,495.22 2 5% 5% 3 285,102.90, 97.83% 4 98.60% 3 2005 12 31 121,373,537.37, 121,373,537.37 1 1 94,166,491.16 2 26,700,830.00 3 506,216.21 121,373,537.37 1 : 75% 2000.11-2030.03 36,827,487.27-7,469,393.19 4,868,589.82 41,696,077.09 76

75% 2000.11-2011.06 12,454,923.77-578,874.72 2,275,373.78 14,730,297.55 75% 2003.12-2023.12 40,348,207.50-2,608,090.98-2,608,090.98 37,740,116.52 89,630,618.54-10,656,358.89 4,535,872.62 94,166,491.16 2 1.0077% 3 615,572.62 351 529,626.62 21,048.00 508,578.62-4,375.41 132-2,758.41-396.00-2,362.41 611,197.21 526,868.21 20,652.00 506,216.21 2 3 4 2005 2,134,443,628.19 2,044,238,217.81 3,353,547,624.02 3,462,458,320.86 3,289,462,851.73 3,330,361,606.59 64,084,772.29 132,096,714.27 171,657,707.76 150,222,736.11 148,179,541.40 144,004,831.03 23,478,166.36 6,217,905.08 28,013,511.42 14,551,529.26 25,371,039.69 12,753,586.13 2,642,471.73 1,797,943.13-1,418,775,215.01-1,184,843,269.35-1,418,775,215.01-1,184,843,269.35 - - 2,134,443,628.19 2,442,389,316.88 2,044,238,217.81 2,302,276,754.40 90,205,410.38 140,112,562.48 565,302,691.33, 26.48% 5 2005 1,700,883.91 77

-20,652.00-20,652.00 3,237.72 10,231.12-151,661.60-112,860.00 1,869,959.79 4,996,251.22 1,700,883.91 4,872,970.34 3 1 2 65.10% 1 1 90,192.90,,,,,,,,,, 2 600 78

75% 3 200 75% 4 650 75% 2 52,192.90 38,000.00-90,192.90 600.00 - - 600.00 200.00 - - 200.00 1,200.00-550.00 650.00 3 79

21,442.36 70.83% - 3,409.01 18,033.35 59.41% 600.00 75% - - 600.00 75% 200.00 75% - - 200.00 75% 1,200.00 75% - 550.00 650.00 75% 1 : 2005 2004 6,809.54 7,612.61 1,565.45 1,382.46 3.58 0.60 39.65 10.74 2 2005 2004 13,737.11 8,840.37 53.19 12.44 80

3,706.33 4,407.44 10.61 212.03 4.76 897.25 3 2005 2004 1,621.57 299.85 10.35 5.74 432.76 664.32 94.75 4 2005 2004 63.18 63.18 5 2005 2004 7.38 14.40 6 2005 2004 0.92 1.33 7 2005 2004 118.52 329.21 38.91 207.32 81

-0.45 0.74 0.93 58.25 8 2005 2004 48,300.00 67,800.00-5,000.00 34,000.00 14,300.00 : - 0.64-6.54 4.29 29.05 2.43-2005 12 31, 2005 12 31 82

, 1 2006 3 27 2006 2005 42,789,494.53 10% 4,278,949.45 5% 2,139,474.73 220,755,669.14 2005 5 2004 30,274,359.20 226,852,380.29 2005 10 1 2005 2 2,516,309.58 1,100,330.63-50,000.00-148,423.88 1,972,774.82 236,827.56 221,544.43 2,516,309.58 83

1 2 3 4 00 84