[2003] 55 2003 6 18 A 6,000 15.56 / 2003 6 13 2003 6 17 14:00 18:00 http://www.cnstock.com
Sany Heavy Industry Co., Ltd. 63 12 )
60,000,000 1.00 15.56 0.562 14.998 60,000,000 933,600,000 33,705,600 899,894,400 2003 6 18
1998 7 1 2000 6 30 2197.90 5 2000 2002 2227.89 2000 2001 2002 993.03 390.51 844.35
...6...8...14... 14... 15... 19...20... 20... 21... 21... 23... 25... 26... 27... 27... 27... 28... 29... 29 WTO... 30... 31... 31...32... 32... 32... 37... 41... 42... 44... 45... 52... 52...55... 55
...59...61...64...65...69...70...71...72...74...75...77...77... 81...81...82...83...87...88...89... 90...90...93...93...94...94... 96...96...103...104...105.106... 108...108...108...113...117...126...128...129...129...132
... 133... 133... 134... 135...142... 142... 143 2003 2005... 143... 146... 146... 146... 146...148... 148... 148... 149... 150... 162... 163... 163...165... 165... 165... 166... 167...168... 168... 169... 169... 169... 175...176...181... 181... 181
6000
02020404080mm CIMS KPI WTO ERP 6S
Sany Heavy Industry Co., Ltd. 18000 2000 10 28 2000 10 31 18000 1 1 18000 17380.93 334.64 167.33 89.24 27.86
2000 12 8 18000 4300002000116 50 1995 1999 1999 1998 6 1999 4 1999 7 CIMS 863 2000 10 2002 12 31 66 2000 18 42% 42%27% 2002 12 31 115342.52 47128.47 2001 55034.51 9124.61 2002 98456.24 20985.54 1
2 2000 10 18 9 3.2288 2000 10 18 4300002002738 () 1.00 6000 13.41 2002 1.16 15.56 / 5.71 2002 12 31
() (%) (%) 18000 100 18000 75 18000 100 18000 75 6000 25 18000 100 24000 100 () 6 2 2000 12 8 2000 1112 2001 2002 24465.52 2003 1 1 2004 6 30 () () 89989.44
2001 () TQ230 25880.44
100 2001 2002 40.18%78.90%
() A 1.00 15.56 6000 25% 13.41 2.62 / 5.71 / () 2003 6 13 A 10,000 () () 89989.44
3370.56 () 0731-4031555 0731-4031777 http://www.sany.com.cn Sany@sany.com.cn () 63 12 139 18 021-68634518 021-68865411 () 465 12 0731-5168030 0731-5168062
836 34-35 020-87692571 020-87692565 40-42 0755-83199543 0755-83199521 () 5047 11 021-64376119 021-64376113 68 0731-4429456 0731-4456194
A 38 45 0755-82943191 0755-82943121 180 0755-2083928 0755-2083597 2000 24 0755-26936250 0755-26936256 () 5047 102425 021-68403701 021-68403707
() 465 9 0731-5557267 0731-5557267-8888 () 8 010-65263760 010-65263767 () 26 2 010-68595952 010-68518030 () 166 021-58708888 021-58709940
2003 6 13 2003 6 16 2003 6 18 2003 6 18 : 2003 6 23
4 5 6 15 89989.44 2.62 5.71 2002 12 31 1 2000 2001 2002 94.37%93.72%87.80%2001 2002 82.88%80%
2 (1)
1 (1) 40 10 100 80% (2) 2000 18 18 42% 42% 27% 1 1 1 (1) 37 56 CIMS
800 (2) 3 (3) (4) 2 WTO (1) (2) (3)
3%4% 510 (1) 2002 4368 4.44% 2005 10% (2) (3) 3 (4)
(5) 10000 3500 60 200 130 2005 220 2005 760 7% 5.5% (1) (2) (3)
4 2 1998 7 1 2000 6 30 2197.90 2000 7 1 15% 2000 2001 2002 1845.05 3065.87 6306.40 1 2000 2002
2227.89 2000 2001 2002 993.03 390.51 844.35 806.12 1421.77 2 2002 12 31 19207.85 16.65% 82.68% 3 2002 12 31 44155 55.85% 13783 12452 6280 11450 4 4000, 2003 6 23 2000 2001 86 90 17
13 11 50% 63% VOLVO 278% 10%
71%, ( 81%) ( 82%) DANA ITALTA S.P.A SSAB WTO
2002 1 2001 6 ISO14001
Sany Heavy Industry Co.Ltd. http://www.sany.com.cn Sany@sany.com.cn 2000 10 28 2000 10 31 18000 11 18000 17380.93 334.64 167.33 89.24 27.86 96.56%1.86%0.93%0.50%0.15% 2002 1 2002 013
2000 12 8 18000 4300002000116 50 1994 11 22 1989 6 1991 9 1994 11 8
56% 9% 8% 4% 1% 5% 1994 11 16 2000 9 1994 11 18 1994 318 1994 11 22 3188 61%9%8%8%8%4%1%1% 1 4 2 8 8 3 8 2000 10 18 4 7
1995 1 1999 12 4 5% 2% 3% 59%9%8%8%8%4%1%1%2% 2000 9 2000 2000 9 2000 6 30 3188 15582.61 20.46%, 4.88 4.88 300 150 80 25 61.38 30.69 16.37 5.11 3301.55 1.92%0.96%0.51%0.16% 2000302 2000 9 18, 9 2000 10 18 ( 3% ) 2000 12 [2000]209 2000 10 31 18000 11 18000
18000 17380.93 96.56 334.64 1.86 167.33 0.93 89.24 0.50 27.86 0.15 18000 100
200916 1994 11 M 2 137301 2001 021 50 63615 2001 022 50 2000 9 28 2001168 2001 021 12283 70% 8500 60 2000 9 28 2005 9 28 2002 2 7 2002 0005 2001 022 2002 0089 1900 2002 12 31 949850 980058 1550867 1550868 1550869 949850980058
155086715508681550869 1 SANY 23 949850 1997 2 21 2007 2 20 2 SANY 21 980058 1997 4 14 2007 4 13 3 SANY 7 1550869 2001 4 7 2011 4 6 4 SANY 7 1550868 2001 4 7 2011 4 6 5 7 1550867 2001 4 7 2011 4 6 2001 8 7 5 2002 12 31 66 26 37 3 2001 2 4 3 2001 6 1 00225478.6 2000-8-24 2001-6-16 8 2 96234761.2 1996-5-3 1997-1-4 4 3 98230983.x 1998-6-29 1999-9-11 6 4 98231521.x 1998-10-22 1999-9-18 6 5 99233083.1 1999-4-5 2000-7-21 7 6 99233099.8 1999-4-6 2000-2-26 7 7 99233253.2 1999-4-30 2000-2-26 7 8 00224970.7 2000-6-8 2001-5-2 8 9 00225448.4 2000-8-21 2001-5-9 8 10 00225449.2 2000-8-21 2001-5-16 8 11 01213631.X 2001-3-15 2002-1-2 9 12 01213685.9 2001-3-21 2001-12-26 9 13 99233368.7 1999-5-19 2000-6-17 7
14 99233585.x 1999-6-24 2000-4-14 7 15 99233807.7 1999-7-30 2000-6-17 7 16 99234139.6 1999-9-29 2000-6-17 7 17 99234297.x 1999-10-27 2000-8-12 7 18 99249841.4 1999-12-3 2000-8-19 7 19 00224881.6 2000-5-24 2001-5-2 8 20 00225652.5 2000-9-25 2001-10-24 8 21 00225034.9 2000-6-21 2001-3-22 8 22 00251958.5 2000-11-30 2001-9-22 8 23 00251959.3 2000-11-30 2001-10-3 8 24 00252259.4 2000-12-12 2001-10-24 8 25 99233883.2 1999-8-16 2000-5-25 7 26 99233944.8 1999-8-25 2000-6-17 7 27 00224882.4 2000-5-24 2001-6-23 8 28 00225072.1 2000-6-28 2001-4-5 8 29 00225151.5 2000-7-7 2001-4-19 8 30 00225152.3 2000-7-7 2001-4-19 8 31 00225168.X 2000-7-11 2001-4-19 8 32 00225166.3 2000-7-11 2001-4-19 8 33 00225167.1 2000-7-11 2001-4-19 8 34 00225165.5 2000-7-11 2001-4-19 8 35 00225479.4 2000-8-24 2001-10-31 8 36 00225480.8 2000-8-24 2001-10-3 8 37 00225495.6 2000-8-28 2001-10-3 8 38 01213630.1 2001-3-15 2002-1-2 9 39 00318592.3 2000-8-30 2001-2-17 8 40 99326780.7 1999-8-13 2000-2-19 7 41 01234902.X 2001-4-18 2002-4-10 8 42 01234900.3 2001-4-18 2002-1-30 8 43 01234901.1 2001-4-18 2002-1-30 8 44 01235383.3 2001-6-25 2002-5-15 8 45 01235384.1 2001-6-25 2002-5-15 8 46 01333430.1 2001-7-13 2002-2-27 8 47 01249317.1 2001-7-19 2002-4-17 8 48 01249344.9 2001-7-25 2002-5-15 8 49 01249495.X 2001-8-17 2002-6-19 8
50 01249546.8 2001-8-23 2002-8-21 8 51 01249548.4 2001-8-23 2002-8-21 8 52 01249547.6 2001-8-23 2002-6-19 8 53 01249583.2 2001-8-29 2002-8-21 8 54 01249698.7 2001-9-14 2002-10-30 8 55 01249696.0 2001-9-14 2002-8-21 8 56 01257223.3 2001-10-25 2002-10-2 8 57 01257265.9 2001-11-1 2002-12-18 8 58 01257266.7 2001-11-1 2002-12-18 8 59 01257510.0 2001-12-11 2002-8-21 8 60 01257509.7 2001-12-11 2002-10-2 8 61 02223229.X 2002-1-10 2002-10-30 9 62 02223231.1 2002-1-10 2002-10-30 9 63 02223230.3 2002-1-10 2002-10-30 9 64 02223232.X 2002-1-10 2002-10-30 9 65 02223247.8 2002-1-11 2002-10-30 9 66 02223294.X 2002-1-18 2002-10-30 9 2002 12 31 106 82961.98 20642.35 62319.63 2000 10 31 30 2000 10 31 76 71966.63 29 10995.35 77 2000 9 28 2001168 00001811 00001818 2001 021 12283 70% 8500 60 2000 928 20059 28
2002 12 31 90 200010 31 30 23 7 20001031 60 53 7 [1998] 2685 2001 1 17 4300616800612 16 14
3 4
() () () 60 51 00100111008093001 00102209008093001 430121616800612 430121616800612 ()
() 6 19 ()() 6000
(%) (%) 18000 100 18000 75 18000 100 18000 75 6000 25 18000 100 24000 100 59% 0.50% 0.93% 96.56% 1.86% 0.15%
1.875% 3.875% 7.875% 8.875% 58.875% 7.875% 7.875% 0.875% 2% 2% 4% 8% 9% 59% 8% 8% 1% 1% 85% 98% 2% 5% 96.56% 1.86% 0.5% 3% 80% 0.93% 0.15% 80% 4.01% 2002 1 21 1318 1054.4 80% 8%3%3%3%
3% 1102211352661 2002 2 8 200202 11 15000 57.50%23.75%13.82%0.92% 870.14 10.6911 601.32 4.01% 15000 1 100 6300001201782
2002 10 10 600 480 80% 120 20% 4313021001039 () 2000 10 18 9 3.2288 4300002002738 59% 9% 8% 8% 8% 4% 2% 1% 2% 4% 8% 9% 59% 8% 8% 1% 1%
2002 4 2000 12 26 1100001188752 5318 85% 9% 5% 1% 13 2001 4 4 4300002002964 1318 1291.64 98% 2%
45 1989 2001 1994 11 22 4300002000118 3988 9 58.875% 8.875% 7.875% 7.875%7.875%3.875%1.875%2%0.875% 58.875%
2002 3 25 () 2000 2 1 C4 C610 4300001004516 2002 12 31 31995.33 31894.40 2002 470.06 2 310 3202832100053 0.50% 1999 5 21 4108811001270 9942
2002 12 31 0.15% 1999 5 11 4313022000093 50 () () 5 3 () 2002 12 31
1 CIMS 2 6 19 3
4 ISO9001 ISO14001 5 6 7 8 9CIMS CIMS OA
() --- () 16 18 288 4300 1978 2000 540 4 1999 1008 490 5000 125 1 54 5 9 20 3 50 1 2000 860 3 350 50% 1999 0.7%1.5% 2.5 1999
4.2 2000 5 2001 6 () 1 1 3.5---10 1 2 3 60%--70% 30%--40% 30%--40% 600h 300h 15000h 5000h 3%---4% 2 1999 10 23% 17% 10
1999 1000 300 1999 216.5 345 30 104.6 133.5 WTO () 1 10000 3500 200 500 10% 2005 56000 760 7% 2 2000
1987 1996 2001 % 1987-1996 1996-2001 110 197 206 6.7 0.9 25 37 51 4.3 6.7 173 179 222 0.4 4.4 19 27 34 3.9 4.9 56 159 188 12.8 3.5 46 115 165 10.6 7.5 429 714 866 -- -- 1997 4.5% 9% 10 3 12 2 80% 0.91.4 2000 5000 0.1 2005 2.42.6 30% 2005 2400 2200 2001 3 2005 8000
() [2001]1022 2003 12 31 2005 12 31 2001 3 4 2 () ()
() () WTO ()
2 3 () 1 1 15
KPI 6 (2) 313 221 2002 12 31 66 6 3 (3) 10 TUV ISO9001 ISO14001
(4) 200 37 56 800 10 2 (1) (2) () 1994 1995 2000 515 42%2001 609 18% 1999 1999 2000 3 30 2000 42% 2001 81 2000 170% 1999 13 2000 105 18 27% 2001 114 8.57% ()
() 50 1 2000 39261.11 2001 55034.51 2002 98456.24 2 (1) 1995 HBT60C 17 800 / (2) 1998 32m 37m 42m 48m 90 / (3) 1999 YZ18C YZC12 17 120 / 3
4 5 (1) 2
3 6 642 6717.67 6696.10 85.53% % 1 SPN630 1 201 87 2 M-HT11/1416 1 280 88 3 TX6113 2 156 96.7 4 TX6111T 4 132 96.7 5 TX619 5 125 96.7 6 C5235A/2 1 113 88.3 7 X2020/20 12.6M 1 84 88.3 8 HX42000 1 50 80.8 9 YKJ3180H/02 1 36 90.8 10 YK7163A 1 95.5 90.8 11 YK58 1 68.50 90.8 12 CJK1630ZX 6 43.08 88.3 13 Q3925A 1 152 88.3 14 COMCUT3100/14 1 56 80.8 15 EXA6000 1 61 95 16 DHG6011 1 32.50 90.8 17 ZDW11-X6025 1 138 59.2 18 WPN90/30 1 12.5 45.8
% 19 HGS31/20 1 24 74.2 20 GPSF-140505 1 75 93.3 21 ZD-701-CE 4 104 95.8 22 7 500 90 23 G75A 2 39.6 80 7 8 2002 : % 29762 94 48973 95 7675 77
2002 12 31 20 148,695,621.50 13,414,814.10 3,313,965.05 131,966,842.35 89 10 78,541,784.57 11,365,086.72-67,176,697.85 86 8 25,325,973.50 4,370,706.86 1,375,139.90 19,580,126.74 77 5 36,545,033.10 2,251,570.39 0.00 34,293,462.71 94 8 29,300,843.07 6,741,907.66 1,640,254.69 20,918,680.72 71 318,409,255.74 38,144,085.73 6,329,359.64 273,935,810.37 1 82961.98, 20642.35 62319.63 14869.56 13528.08 1 7053.67 6482.94 2 1293.94 1141.12 3 1254.46 1097.02 4 4053.02 3641.31 5 1214.47 1115.69 14869.56 13528.08 2. 642() 7854.18 1136.51 6717.67 6696.10 85.53% 6
3 2532.60 1958.01 11 79 4 9 15 1 3 9 7 9 2 3654.50 3429.35 5 2930.08 2091.86 () 2002 12 31 2682.96 2174 23,058,088.00 42 19,331,403.61 CIMS 2,101,737.25 31 1,085,239.49 BOON IVC 99,960.00 37 61,642.00 MDT 178,000.00 38 112,733.26 CAD 38,400.00 40 25,600.00 RAV 110,000.00 43 78,833.39 ERP 263,497.00 44 193,231.08 INRENTOR R4.0 4,478.00 48 3,582.44 38,000.00 51 32,300.03 OA 367,500.00 52 318,500.00 SYNALL 72,628.00 52 18,590.00 PROJECT2000 8,700.00 53 7,685.00 INTECAD 90,000.00 53 79,500.00 11,800.00 55 10,816.65 142,800.00 59 140,420.00 84,000.00 59 82,600.00 160,000.00 59 157,333.33 26,829,588.25 21,740,010.28 () ISO90011994
() 1 2 3 () 2002 1 2002 33.37% 2 1
3 50% 2002 12 31 66 1 300 96234761.2 98230983.X 99233099.8 98231521.X 99233083-1 2 00225449 00225448.4
3 55 00225478.6 00224970.7 4 48 5 11 ( 99233883.2) 99233944.8 00225166.3 00225072.1 00224882.4
2001 1 (1) 1995 1994 201 (2) 1999 1999 033 2001 024 37M 42M (3) 1999 081 2001 105 2002004 18
2 2002 12 31 66 2002-1-2 2001-12-26
2002-1-2 2000-8-30 2001-2-17 1999-8-13 2000-2-19 41 01234902.X 2001-4-18 2002-4-10 8 42 01234900.3 2001-4-18 2002-1-30 8 43 01234901.1 2001-4-18 2002-1-30 8 44 01235383.3 2001-6-25 2002-5-15 8 45 01235384.1 2001-6-25 2002-5-15 8 46 01333430.1 2001-7-13 2002-2-27 8 47 01249317.1 2001-7-19 2002-4-17 8 48 01249344.9 2001-7-25 2002-5-15 8 49 01249495.X 2001-8-17 2002-6-19 8 50 01249546.8 2001-8-23 2002-8-21 8 51 01249548.4 2001-8-23 2002-8-21 8
52 01249547.6 2001-8-23 2002-6-19 8 53 01249583.2 2001-8-29 2002-8-21 8 54 01249698.7 2001-9-14 2002-10-30 8 55 01249696.0 2001-9-14 2002-8-21 8 56 01257223.3 2001-10-25 2002-10-2 8 57 01257265.9 2001-11-1 2002-12-18 8 58 01257266.7 2001-11-1 2002-12-18 8 59 01257510.0 2001-12-11 2002-8-21 8 60 01257509.7 2001-12-11 2002-10-2 8 61 02223229.X 2002-1-10 2002-10-30 9 62 02223231.1 2002-1-10 2002-10-30 9 63 02223230.3 2002-1-10 2002-10-30 9 64 02223232.X 2002-1-10 2002-10-30 9 65 02223247.8 2002-1-11 2002-10-30 9 66 02223294.X 2002-1-18 2002-10-30 9 HBT SY YZ 3 38
2 % 2000 2134 5.44 2001 3235 5.88 2002 4368 4.44% 3 36 1 SY5390THB-48M 2 3 HZS120 4 1 YZ26C 2 YZC12Z 1 LTU120 2 LHB25 3 LJZ3000 4 863
1 TY230 2 TQ140 3 PQ160 4 5 PY190 1 SY200 2 PH20 QTZ800 4
2000 2001 39261 55034 2000 2001 408.41 453.07 2000 2001 408.41 453.07 1 3 2 30% 3
2002 3 25 [2001]41
() 1 (1) 2000 10 2000 10 24 8 7,667,049.88 7,604,228.69 27 2000 10 29 2000 10 29 15,271,278.57
(2) 2001 11 2001 11 20 2,639,727.68 14 2001 12 1 2001 10 31 2,639,727.68 2001 12
1 BK7475 2 J-42811 3 AC9531 4 AT2311 5 A-3F196 6 A-3F194 7 AE3661 8 B68366 9 K03019 10 L05987 11 L05986 12 A41713 13 A79595 14 B-01899 2 1 2000 2001 2002 759,183.90 815,039.00 1,215,688.00 ( ) 69%41%27% 2000 98.60 7700 / 759183.9 69% 2001 108.42 7500 / 815039 41% 2002 170.11 7146 / 1215688 27% 2001 5 19 2 2000 111,002.21 2001 401,914.99 1.2%2.4%, 0.03%0.07%
2000 111,002.21 1.2% 2001 401,914.99 2.4% 2001 5 19 2002 3 25 12002 5 8 1000 12 2002 5 8 2003 5 8 4.8675 22002 7 3 8 20 2000 3000 12 10 4.425 32002 4 10 4 16 6 25 1500 1000 1000 12 4.425 (4) 2002 11 20 2002 16 1000 24 2.29 52002 8 19 --02 004 10000 02 009 4 ZL99326780.7
ZL99233883.2 ZL99233944.8 3 2001 2 3 2001 6 () () 84 85 () 1 72
2 73 2001 1 2 300 300 0.5% 10 300 3000 3000 0.5%5%
3000 5% 2 () ()
() 39 1991 38 1983 1985 38 1983 1991 1992 32 43 20 20 1995 1998
160 40 6 61 CIMS CIMS CIMS 100 6 65 973 1 2 10 200 4 2000 () 39 1992 47 1994 1998 1999 67
() 36 () 38 1985 1995 1996 1998 19981999 2001 9 1 21985-1988 C4740II 3 15T-6 4 154 4 2000 7 2000 4 2001 1 9923399.8 98230983.X 99233883.2 00251957.7 01106811.6 (99233944.8) 38 1988 7 1988 7 1999 8 4 1999 8
10 44 1982 7 300.8 1999 8 26 9 (952376350) (96234761.2) (98230983.X) (98231521.X) (00225448.4) (00225449.2) () 1 2 3 () 2002
2002 60 3 50 40 30 3 35 3 6 30 25 25 5 5 5 3 5
1 (1)
(2) (3) (4) (1) (2) (3)
[2003]1009 2001 9 2001 11
2000 2001 2002 80% 2002 1 21 80% 2002 10 10 2002 2002 12 31 2001 12 31 2000 12 31 2002 2001 2000 2002 2002 12 31 2002 2002 2000 2001 2002
2002 2002 2001 2000 984,562,359.06 984,562,359.06 550,345,110.30 392,611,056.55 481,563,605.70 481,563,605.70 267,622,770.36 208,857,335.02 6,809,525.00 6,809,525.00 4,607,045.39 3,216,045.46 496,189,228.36 496,189,228.36 278,115,294.55 180,537,676.07 2,064,118.84 3,977,045.92 5,122,113.84 3,160,274.80 146,155,133.31 145,788,104.68 86,532,666.51 50,383,333.60 105,746,044.25 104,208,669.41 77,656,998.88 48,640,249.15 18,973,881.90 18,979,208.80 17,755,550.40 16,457,184.72 227,378,287.74 231,190,291.39 101,292,192.60 68,217,183.40 47,398.89-2,886,283.92-509,551.25-329,292.61 20,025.00 20,025.00 3,092,677.52 3,035,239.52 1,408,685.72 350,733.21 1,621,611.27 1,618,128.37 1,900,845.31 3,698,774.46 228,916,777.88 229,741,143.62 100,290,481.76 64,539,849.54 19,794,847.35 19,794,847.35 9,044,406.20 4,589,131.78-733,420.70 209,855,351.23 209,946,296.27 91,246,075.56 59,950,717.76 66,291,815.99 66,291,815.99-11,267,348.23 61,070,349.97 276,147,167.22 276,238,112.26 79,978,727.33 121,021,067.73 20,994,629.63 20,994,629.63 9,124,607.56 569,652.47 10,497,314.82 10,497,314.82 4,562,303.78 284,826.24 244,655,222.77 244,746,167.81 66,291,815.99 120,166,589.02 3,894,334.73 127,539,602.52 244,655,222.77 244,746,167.81 66,291,815.99-11,267,348.23
2002.12.31 2002.12.31 2001.12.31 2000.12.31 : 47,347,597.70 47,103,438.46 40,081,447.66 22,442,614.17 3,514,800.00 3,514,800.00 4,533,769.65 2,734,260.00 2,734,260.00 3,758,000.00 179,726,793.51 177,246,682.57 135,346,542.41 120,829,966.73 23,584,980.39 23,443,477.89 14,484,642.49 57,169,556.48 91,797,254.14 89,911,714.84 42,243,684.73 29,332,125.55 441,546,217.27 439,728,728.95 211,641,681.72 187,714,271.02 300,650.00 280,650.00 1,547,000.00 365,222.00 790,552,553.01 783,963,752.71 449,102,999.01 422,387,525.60-686,526.90 11,723,790.29 :-6,497,345.63-6,497,345.63-686,526.90 11,723,790.29 333,956,323.63 318,409,255.74 202,236,744.02 144,270,569.12 40,464,650.09 38,144,085.73 22,027,964.33 12,529,852.60 293,491,673.54 280,265,170.01 180,208,779.69 131,740,716.52 6,329,359.64 6,329,359.64 6,028,566.26 5,608,890.61 287,162,313.90 273,935,810.37 174,180,213.43 126,131,825.91 7,342,542.68 7,342,542.68 7,174,118.32 46,423,954.22 46,423,954.22 25,539,558.02 36,009,184.50 340,928,810.80 327,702,307.27 206,893,889.77 162,141,010.41 21,740,010.28 21,740,010.28 21,959,616.68 22,119,339.92 890,305.16 22,630,315.44 21,740,010.28 21,959,616.68 22,119,339.92 1,153,425,152.35 1,145,129,860.55 677,956,505.46 606,647,875.93
2002.12.31 2002.12.31 ( ) 2001.12.31 2000.12.31 325,036,000.00 325,036,000.00 199,770,097.17 209,000,000.00 93,947,290.00 93,947,290.00 55,420,609.63 63,763,000.00 129,375,694.64 128,297,212.88 68,627,366.95 62,043,447.71 36,940,241.62 36,332,515.60 15,060,087.81 18,612,901.90 5,784,998.96 5,784,998.96 1,730,895.57 212,200.00 10,517,071.67 10,196,155.17 6,687,840.77 4,591,552.66 61,538.28 4,032,059.47 16,294,490.75 16,338,685.48 16,734,294.49 12,806,957.18 427,794.45 423,588.84 716,350.99 871,533.37 31,396,848.79 28,136,461.58 11,887,037.92 5,404,870.96 261,860.73 205,725.56 7,055,555.48 7,055,555.48 10,000,000.00 15,000,000.00 657,037,847.09 651,754,189.55 386,696,119.58 396,338,523.25 22,000,000.00 22,000,000.00 30,388,888.84 40,722,222.20 22,000,000.00 22,000,000.00 30,388,888.84 40,722,222.20 679,037,847.09 673,754,189.55 417,085,008.42 437,060,745.45 3,102,579.30 180,000,000.00 180,000,000.00 180,000,000.00 180,000,000.00 180,000,000.00 180,000,000.00 180,000,000.00 180,000,000.00 596,168.69 596,168.69 38,291.00 46,033,334.50 46,033,334.50 14,541,390.05 854,478.71 15,344,444.84 15,344,444.84 4,847,130.02 284,826.24 244,655,222.77 244,746,167.81 66,291,815.99-11,267,348.23 471,284,725.96 471,375,671.00 260,871,497.04 169,587,130.48 1,153,425,152.35 1,145,129,860.55 677,956,505.46 606,647,875.93
2002 ( ) 2002 ( ) 1,149,333,753.98 1,147,775,483.61 621,284.44 621,284.44 20,939,219.12 17,671,508.13 1,170,894,257.54 1,166,068,276.18 738,734,912.21 736,795,780.72 89,400,910.33 88,303,313.26 95,587,480.90 95,256,406.06 177,355,948.59 177,311,818.40 1,101,079,252.03 1,097,667,318.44 69,815,005.51 68,400,957.74 2,002,163.00 2,000,623.00 2,002,163.00 2,000,623.00 160,805,004.45 153,727,225.92 3,600,000.00 5,670,350.00 164,405,004.45 159,397,575.92-162,402,841.45-157,396,952.92 3,836,000.00 425,706,568.47 425,706,568.47 429,542,568.47 425,706,568.47 311,773,999.00 311,773,999.00 17,914,583.49 17,914,583.49 329,688,582.49 329,688,582.49 99,853,985.98 96,017,985.98 7,266,150.04 7,021,990.80 1 209,855,351.23 209,946,296.27-733,420.70 6,755,061.54 6,543,106.45 20,567,264.88 18,246,700.50 1,148,334.40 1,148,334.40 1,246,350.00 1,266,350.00 261,860.73 205,725.56-1,895,626.61-1,895,626.61 17,853,045.21 17,853,005.01-132,598.89 2,801,083.92-229,904,535.55-228,087,047.23-88,670,159.68-88,670,159.68 133,464,078.95 129,043,189.15 69,815,005.51 68,400,957.74 2 4,414,996.83 10,399,402.31 3 47,347,597.70 47,103,438.46 40,081,447.66 40,081,447.66 7,266,150.04 7,021,990.80
2000 2001 2002 392,611,056.55 550,345,110.30 984,562,359.06 232,826,170.42 271,870,753.30 297,623,355.84 59.30%49.40%30.23% 75,737,380.35 184,235,236.89 489,731,858.66 19.29%33.48%49.74% 61,920,287.18 59,645,548.80 76,746,085.83 15.77%10.84 %7.79% 2000 2001 2002 94.36%93.72%87.77% 2001 2000 157,734,053.75 40.18%2002 2001 434,217,248.76 78.9% 1 2001 2000 10,849.78 143.26%2002 2001 30,549.67 165.82% 1 21999 37 300 37 1999 20-30
19 37 56 300 2001 2 2000 2001 (%) 2002 (%), 2001 2002, 2000 2001 2002 7197.76 13598.26 28051.33 91.26%106.29% 2000 2001 2002 7226.88 14074.40 34247.55 104%143.33%2002 63% 2002 1 [2001]1022 2003 12 31 2005 12 31 2001 3 4
2 2 3 32002 2002 80,337,274.39 74,818,641.76 1355.75% 2001 1% 2002 8.16% 35,921,453.01 4,093,375.95 14,655,943.58 2000 2001 2002 208,857,335.02 267,622,770.36 481,563,605.7 110,490,457.98 118,693,922.24 123,721,898.76 38,909,009.01 84,851,538.68 222,720,897.92 47,711,680.82 41,873,735.58 47,822,591.16 2000 2001 2002 46.80%51.37%51.09%2001 2000 4.57% A 2001 20,571,700.00 8.14% 2001 18,592.39 10.94% 91,154.09 8.85% 87,688.50 21.53%B 2001 3,974.01 31.63% 2,483.61 13.63% 3,273.87, 25.61% 12,350.66 22.56% 5,845.54 23.79% 2000 2001 2002 50,383,333.60
86,532,666.51 146,155,133.31 2001 2002 71.75% 68.9% 2001 2002 1 7.4% 2001 1619 2002 3169 2 2001 2002 1201 1275 2000 2001 2002 48,640,249.15 77,656,998.88 105,746,044.25 2001 2002 59.66%36.17% 12001 2000 839 468 414 313 22002 2001 1124 777 2000 2001 2002 16,457,184.72 17,755,550.40 18,973,881.90 2001 2002 7.89%6.86 % 15% 2000 2001 2002 59,950,717.76 91,246,075.56 209,855,351.23 2001 2002 52.20%129.99% 2000 2001 2002 392,611,056.55 550,345,110.30 984,562,359.06 2001 2002 40.18%78.90% 2002 2002 8,892.97 48.88% 2000 2001 2002
2000 2001 2002 75% 20% 2000 2001 2002 2000 2001 2002 2002 12 31 1,153,425,152.35 1,130,494,186.91 () 200020012002 22,442,614.17 40,081,447.66 47,347,597.7 5.31%8.92%5.99% 2002 3,514,800.00 3,600,000.00 85,200.00 20012002 3,758,000.00 2,734,260.00
2000 2001 2002 120,829,966.73 135,346,542.41 179,726,793.51 2002 150,866,514.32 83.94% 2002 12 31 5% 200020012002 57,169,556.48 14,484,642.49 23,584,980.39 2000 41,575,983.27 2001 7 2002 12 31 5% 1 1 5% 1 2 10% 2 3 20% 3 50% 200020012002 5,947,714.45 11,491,934.02 14,091,946.80 177,999,523.21 149,831,184.90 203,311,773.90 200020012002 29,332,125.55 42,243,684.73 91,797,254.14 2001 2002 44.02%117.3% 12001 2001 (VOLVO) 12,641,120.00 22002 21,493,220.02 DEUTZ AG 9,110,231.98 14,200,000.00 2002 12 31 5% 200020012002 187,714,271.02 211,641,681.72 441,546,217.27 44.44%47.13%55.85%2001 2002 12.75%108.63% 12001 14,726,522.55 35.53% 2001
8,450,839.40 22002 229,904,535.55 108.63% 73,565,367.69 114.48% 2002 1372 687 99.7% 21.90 58,325,262.01, 103.83% 2002 434,217,248.76 77,542,254.79 165.05% 2002 25,079,334.32 8,063,072.50 4,254,194.43, 38,932,377.09 6,791,648.68 2002 12 31 145.29% 20,823,385.47 49.61% 2002 12 31 125,614,201.95 35,095,825.88 38.77% () 2002 12 31-686,526.90-6,497,345.63, 2002 1 5 4,246,117.05 3,914,055.48 10,910,940.00 10,544,000.00 6,629,944.52 2002 132,598.89 5,810,818.73 2002 2 8 4,414,996.83 1,395,821.90 5,810,818.73
8,701,400.00 601.32 () 2002 12 31 148,695,621.50 13,414,814.10 3,313,965.05 81,948,178.60 11,392,681.35 25,707,995.33 4,466,080.84 1,375,139.90 48,091,083.63 4,426,369.62 29,513,444.57 6,764,704.18 1,640,254.69 333,956,323.63 40,464,650.09 6,329,359.64 287,162,313.90 2001 1 1 2002 12 31 6,329,359.64
: 2000 2001 2002 % % 144,270,569.12 202,236,744.02 40.18 318,409,255.74 57.44 27,124,635.28 41,533,144.98 53.12 70,536,680.18 69.83 26,798,508.87 40,952,888.53 52.82 78,541,784.57 91.79 2000 144,270,569.12 2002 318,409,255.74 2001 2002 40.18%57.44% 53.12% 69.83% 37194.46 62319.63 52.82%91.79%2001 366, 246, 181 2002 409, 987, 596 2000 2001 2000 2001 ( ) 39261 24485 ( ) 2680 1485 ( ) 55034 38833 ( ) 4095 1721 2000 2002 2227.89 806.12 1 12000 9 37 60C 2000 9 454 168 2000 10 11 B1
238 2001 11 22000 12 60C-1816 80C-2118 3 2000 12 391.12 25/26A25/26B 391.12 2001 11 32000 3 37 2000 3 300 150 300SEL 528 140 10, 2000 10 42000 6 60C-1816 2000 6 58.2 38.2 2000 6 20 2000 10 52001 6 60C 2001 6 61.2 44.2 2001 6 2000 17 2001 12 2 12000 7 60A-1406D60A-1406 2000 7 96.8 24.11 16 1 55.94, 16.75 5.18 2000028631 22000 4 60C-1816 2000 4 122.4 63.9 1 2 5#502 58.5 7.78 0647564 32000 9 60C-1816
2000 9 61 22.2 D2 12C 38.8, C0399951 42000 2 37 2000 1 273.8 223.13 2001 8 11 201 50.67 2001 130248 52001 5 460C-1410 2001 5 88 49 61 29.85 9.15, 62001 4 60C-1816 2001 4 126 18.34,2001 8 E 3 4 95.66 2001 10 12 8.29 200164958 72001 5 60C-181650C-1413 2001 5 116 2001 8 5 17 A1 116 4.62 01253 82001 6 37 2001 6 295 184 143 4 2.4 0102 50 61 92001 3 60A 2001 3 44.5 19.5 2001 3
25 3.26 M-09988 102001 1 60A 2001 1 55 10 2001 11 2001 11 500 45 8.89 A14231 112002 1 240,000.00 E/86120 140,000.00 1999 530,000.00 290,000.00 122002 5 865,796.40 78 69,240.00 16,556.40 23 F 1,336,090.00 600,000.00 129,706.40 184,428.92 95,897.42 1,016,416.34 109413 :1997 78 1.61 2001 12 29 132002 1 468,797.34 6 6 2001 11 2000 10 SY5290THB/37 290 243 6 14 2002 9 100 184.66 5415.36 2002 9 --- SY5290THB/37 265 165 165
15 2002 11 130 2002 S320 A/A6318 149,322.00 1,449,322.00 261,322.00 2001 7 SY5290THB/37 293 163 2002 2002 S320 162002 11 1,460,000.00 AD 244.95 2002 11 19 AD 146 2002 11 SY5290THB/37 275 1,290,000.00 172002 12 897,660.00 1 3 5 2 187.11 11 SY5290THB/37 260 1,702,340.00 182002 12 1,057,080.00 5 B502 250.60 858,360.00, 198,720.00 12 LTU120 2,380,000.00 1,322,920.00 192002 12 764,400.00 1 2 509 510 3 305 306 4 364.00 11 SY5290THB/37 2,645,000.00 1,880,600.00
2000 2002 25%, () 2002 12 31 21,740,010.28 23,058,088.00 3,726,684.39 19,331,403.61 2002 12 31 679,037,847.09 657,037,847.09 22,000,000.00 () 2002 12 31 325,036,000.00 60,000,000.00 215,000,000.00 20,000,000.00 30,036,000.00 2002 12 31 93,947,290.00 200020012002 62,043,447.71 68,627,366.95
129,375,694.64 2002 88.52% A. 229,904,535.55 108.63% B. 889 1234 2002 12 31 5% 200020012002 18,612,901.90 15,060,087.81 36,940,241.62 2002 21,880,153.81, 3145 943 2002 12 31 5% 2002 12 31 16,294,490.75 13,878,313.56 2,863,203.08 200020012002 5,404,870.96 11,887,037.92 31,396,848.79 2002 19,509,810.87 164.1% 6,500,000.00 2002 12 31 5% 1,457,043.25 4.64% 2002 12 31 7,055,555.48 7,000,000.00 55,555.48 () 2002 12 31, 22,000,000.00 12,000,000.00 10,000,000.00 () 1 12002 3 11 2002 3 15 2002 9 19 2002 11 13 2002 12 19 1000 1500 1500 1500 500 5.31% 6000 2001168 00001811 00001818
2001 021 22002 1 24 2002 0089 1900 TQ230 59 7.236% 9,321,962.70 7,325,239.98 8,177,810.00, 6,869,360.40 2 2002 12 31 () 2002 12 31 2002 12 31 180,000,000.00 200020012002 169,587,130.48 260,871,497.04 471,284,725.96 854,478.71 14,541,390.05 46,033,334.50-11,267,348.23 66,291,815.99 244,655,222.77 2000-11,267,348.23 2000 5,104,218.10 98,511.08 5,608,890.61 6,207,270.99 2000 12 31 17,018,890.78 2,552,833.62 14,466,057.16 2002 2001 2001 10% 5% 2000
2002 24465.52 200020012002 27.95%38.48% 40.86% 2000 27.95% 2002 40.86% 2001 2002 9,124.61 20,985.54 2001 2002 2002 69,815,005.51 1,149,333,753.98 20,939,219.12 738,734,912.21 89,400,910.33 95,587,480.90 177,355,948.59-162,402,841.45 2,002,163.00 160,805,004.45 99,853,985.98 425,706,568.47 311,773,999.00 17,914,583.49 7,266,150.04 [2001]17 < >
718,393.16 265,897.44, 60,313.22 1,890,313.22 1,044,603.82 12002 5 31 3,000 1 0.2% 5.04% 2002 5 29 2002 5 30 2002 5 31 12,032,250.00 5,096,000.00 13,420,146.00 29,883,319.80 26,109,740.17 12,366,254.35 254,767.00 665,076.20 10,900,096.23 2003 1 22 27,267,146.00 3,281,250.00 32002 12 25 1500 2002 12 25 14,680,668.52 319,331.48 30,000.00
1500 1282.05 730.95 2000 1 1 2000 6 30 2000 7 1 15% 1 [1994]001 15% [1998]038 1998 7 1 2000 6 30 2000 7 1 15% (2) [1999]49 200105 2196.37 10% 50% 2000 [2001]038 2000 1067.04 2000 1-6 7-12 533.52 2001 2001 1617.5 2002 2002 1809.59 (3)
(1999)290 " " [2001]52 53 54 55 56 2240.40 2001 2001 525.27 2002 2002 1548.45 2000 2001 2002 1845.05 3065.87 6306.40 2000 2001 2002 392,611,056.55 550,345,110.30 984,562,359.06 59,950,717.76 91,246,075.56 209,855,351.23 35.35%34.98%44.53%
( ) = ( )/
496,189,228.36 105.28 135.54 2.76 2.76 227,378,287.74 48.25 62.11 1.26 1.26 209,855,351.23 44.53 57.33 1.17 1.17 208,631,983.88 44.27 56.99 1.16 1.16 3,092,677.52 1,621,611.27 20,025.00 267,723.90
() 2001 50.53% 2002 98,456.24 1.16 44.53% 2002 12 31 79,055.26 17,972.68 83.94% 1235.17 44,154.62 55.85% 13,782.82 190.11 11,449.81 12,452.21 6,279.68
2000 5,267.25 2,570.42
2,696.83 6,162.68 2001 2,554.49 1,286.70 1,267.79 2,988.75 2002 12,140.09 5,910.15 6,229.94 14,203.91 () 89989.44 2002 12 31 47,128.47 1.91
() 2001 % % % % % 1 2001 51.37% 24.82% 2 2001 34.98% 8.15% 26.83 1 2000 2001 79%83%
2001 2000 % % % % % % 55.37 82.88 51.67 78.59 51.37 46.80 29.79 15.77 22.94 10.84 51.3 64.67 50.1 69 30.2 25.56 44.28 26.88 21.28 27.73 6.9 22.29 3.9 44.18 19.29 46.07 21.25 48.08 11.6 31.02 19.26 32.98 19.06 22.12 8.9 5.8 10.17 21.89 25.88 7.7 22.49 9.2 16.96 95.75 18.09 94.8 17.12 19.99 3.17 10.03 0.8 2 18.38 2001 7% 18.21%
1 96 41 50% 2 2001 40 / 3
() () () () ()
2003-2005 2003 2004 2005 2003 2005 () 2002 2003 2005 2002 3 ()
2003 4000 2005 5000 20% 80% () (1) 2005 10% (2) (3) (4) (5) () (1) (2) (3) (4)
(5) (6) () () () 2001 ()
(1) (2) (3) (4) (5) (1) (2) (3) 64109
11, 25880.44
6,000 15.56 89989.44 TQ230 8 2001 64109 25880.44 1 16580 2 19900 4980 4980 4960 4980 3 4960 4 4980 5 4471 6 3000 TQ230 7 4822 8 5396
2-3 3-6 152120 22214 29.45% 89989.44 2.62 5.71 58.84% 33.07% () TQ230
() 1 2000 1800 7000 2005 760 1999 370 2 3 4 () (1)
2005 900011000 8000 / 2005 7000-8000 25% 1999 600 17636 4731
2010 3000 90% 19900 1999 160 5114 65% 250 200 9
3000 891.3 5220 1083.52 2 1 40% 2
[2001]386 1 300T/h 2005 400 400 edarapids MS
4980 914.7 5400 1146.98 8700 5.21 3 (1) 30% 1.2 800
4960 1962 2 12000 1705 30.54% 26.47% 6.2 [2002]69 4 (1) 14 600 600 160 600 2005 800 450500 1600
m 3 m 3 4980 2 11000 1559 28.15% 25.19% 6.5 [2002]68 5 (1) 10-15 1150 530 1246 1580 10% 2.2 60-70% 2005 20% 5 HZS120 HZL120 200 80m 3 /h 120m 3 /h 2002 HZS120 20
HZL120 10 884 m 3 m 3 4471 1 5200 19.89% 5.89 [2001]675 6 (1) 30% 80 230 1500 TQ230 1/3
3000 4500 800 680 19.51% 24.69% 5.13 [2001]519 400 ( 50
1 2 [2001]682 (1) 1985 10-20 1-2m 200 (3) 100 5396
1 2 20000 32.68% 4.47 [2001]679 9 100 2001 2002 40.18%78.90% 25880.44 2003 18440 30463 2002 12 31 24465
TQ230 2001 3235 5.88%2002 4368 4.44% 19 37 2002 2002
15 6S
() () EV/EBIT 23.40 24.72 EV/EBIT 30.60 EBIT 60%20%20% 25.10 / () 28 A 15.56 / [2003]1005 2002 1.16 13.41 1 6
2 (1) (2) (3) (4) (5) 50% 3 2000 11 16 2000 10 31 18000 389.43 2002 2 28 2001-1126.73 6629.18 2003 1 22 2002 24465.52 2002
(1) 2002 12 31 24465.52 2003 1 1 10% (2) 2004 6 30 (3)
1
1 2 3 0731-4031555 07314031777 2002 12 31 () 1 2003 1 20 10 12 80 7400 / 7000 / 2003 1 20 2004 1 19 2 12002 5 8 1000 12 2002 5 8 2003 5 8 4.8675 22002 7 3 8 20 2000 3000 12 10 4.425 32002 4 10 4 16 6 25 1500 1000 1000 12 4.425
(4) 2002 11 20 2002 16 1000 24 2.29 52002 8 19 --02 004 10000 02 009 () 1 (1) 2002 2 1 2002 02020 3000 12 5.85 (2) 2002 4 10 2002 0033 1800 12 4.425 (3) 2002 4 16 2002 0031 1000 12 4.425 (4) 2002 6 25 2002 0057 1000 12 4.425 (5) 2002 3 11 2002 02038 1000 12 5.31 (6) 2002 3 15 2002
02039 1500 12 5.31 (7) 2002 6 21 2002 02112 1500 12 5.31 (8) 2002 1 24 2002 0089 1900 TQ230 59 7.236% (9) 2002 9 19 2002 02164 1500 12 5.31 2001168 00000168 (10) 2002 11 13 2002 02195 1500 12 5.31 2001168 00000168 (11) 2002 9 27 2002 02167 1500 9 5.31 (12) 2002 10 18 2002 02179 2000 12 5.31 (13) 2002 10 21 2002 02181 1000 12 5.31
(14) 2002 7 1 2002 0401001 3000 12 4.425 (15) 2002 5 8 362002004020 1000 12 4.8675 (16) 2002 7 3 362002004023 2000 12 4.425 (17) 2002 8 20 362002004024 3000 10 4.425 (18) 2002 11 20 2002 16 1000 24 2.29 (19) 2002 12 18 2002 0091 2000 6 4.2 (20) 2002 12 19 2002 02221 500 12 5.31 2001168 00000168 (21) 2003 1 15 2003 03020 2000 6 5.04
2001168 00000168 (22) 2003 1 6 2003 0001 5000 6 4.2 2 (1) 2001 6 26 2001 1095 4000 (2) 2000 9 28 2001168 00001811 00001818 2001 021 12283 70% 8500 60 20009 28 2005 9 28 (3) 2002 2 7 2002 0005 2001 022 2002 0089 () 1 (1)2003 1 6 716.86 2003 1 6 2003 12 31 (2)2002 12 16 124.45 2003 1 1 2003 12 31 32002 11 20
864 2003 12 31 (4)2002 11 28 566.8 2002 12 1 2003 12 31 (5)2002 11 25 912.78 2002 12 1 2003 12 31 (6)2002 10 30 510 2002 10 30 2003 11 30 (1) 2002 9 2 2002 9 26 2003 9 25 (2) 2002 7 17 4 2002 7 17 2003 7 17 (3) 2002 11 2 2002 11 19 2003 11 18 (4) 2002 10 10 2002 10 10 2003 10 10 (5) 2002 11 20 2003 1 6 2003 12 31 (6) 2002 12 2 2002 12 17 2003 12 17
(7) 2002 12 2 2002 12 6 2003 12 31 () 2001 11 8 () 2002 2 A 1 2 3 4 20%
() 1 [2000]209 2 3 6000 4 5 6 7 8 9 () 1 0731-4031555 0731-4031777 410100
2 139 18 021-68634518 021-68865411 () 830 1130 130 430 OO