PowerPoint

1%=/979899100101190243.7342.1535.4235.4738.7190321.0518.1819.619.1320.34190439.4835.9143.4751.851.5119052627243031190636.324.3517.829.1241.25190745.3138.1639.0540.4534.89190939.2433.1336.6737.1439.43,686,644/9,525,749=0.3870(38.70%)1,010,969/4,969,554=0.2034(20.34%)19,334,604/37,532,597=0.5151(51.51%)6,501,431/21,246,712=0.306(30.6%)1,082,840/2,624,774=0.4125(41.25%)15,198,770/43,565,319=0.3489(34.89%)6,736,105/17,097,050=0.394(39.4%)

101=/ 97989910010119022144415519037767734119043311197190565556272190652762223190712225126190944333174

%=(+)/9798991001011902147.75154.98159.59163.33158.231903987.561014.381035.7921.72901.111904200.03181.06165.88166.3316219052582122332201601906386.144768.275821.424726.235117.651907639.36835.2619.7580.746221.111909368.5532.46612.34612.48689.52 (5,839,105+862,400)/4,235,222=1.5823(158.23%)(3,958,585+29,405)/442,564=9.0111(901.11%)(18,197,993+9,373,070)/17,019,352=1.62(162%)(14,745,281+1,213,705)/9,989,625=1.5976(159.76%)(1,541,934+480,000)/39,509=51.1765(5117.65%)(28,366,549+9,782,923)/613,226=62.2111(6221.11%)(10,360,945+4,033,040)/2,087,544=6.8952(689.52%)

101=(+)/97989910010119021111157190376665302190422223116190533332145190657776321190765547273190944454214111

1 = / 2,743,496/1,480,626=1.8529 (185.29%)943,025/904,298=1.0428 (104.28%)9,934,000/7,537,856=1.3179 (131.79%) 6,368,498/ 5,066,623=1.2570 (125.7%) 680,716/450,448=1.5112 (151.12%) 321,718/4,867,431=0.0661 (6.61%) 3,255,429/2,378,944=1.3684 (136.84%)

101

= / 979899100101190247777321190334442175190476364262190565653253190621116116190713231107190952525194

71=(--)/ (2,743,496-1,622,745-361,850)/1,480,626=0.5126 (51.26%) (943,025-234,943- 8,315)/ 904,298=0.7738 (77.38%) (9,934,000-4,265,437- 462,529)/ 7,537,856=0.6907 (69.07%) (6,368,498-2,964,927- 377,901)/ 5,066,623=0.5972 (59.72%) (680,716-8,901-1,053)/ 450,448=1.4891 (148.91%) (321,718-60,748- 7,657)/ 4,867,431=0.0520 (5.2%) (3,255,429-440,317-54287)/ 2,378,944=1.1605 (116.05%)

=(--)/101

97989910010119021222297190357665291190464374243190536543214190641417175190725131126190973756282

71 = / 979899100101190253673242190321121751904475362511905627121841906762642511907153451841909344572335

71

979899100101190213.3913.6813.43 13.94 13.81190340.4130.5230.5331.9828.39190412.2312.0413.2012.6613.01190533.3321.3927.7333.359.79190615.2817.6032.7233.0822.81190721.4521.6218.2414.0017.78190916.2612.0312.0811.1410.70=/(+)/2

:101

=/(+)/24,274,964/(303,671+315,254)/2=13.812,099,176/(77,562+70,299)/2=28.3925,160,280/(1,931,677+1,936,848)/2=13.018,901,365/(206,519+1,611,640)/2=9.79468,379/(19,861+21,213)/2=22.8112,025,427/(1,351,964+410)/2=17.786,414,498/(609,567+589,907)/2=10.70

()97989910010119022333415519037765732119041222310619056557124319063476626219075644524319094111297

71()979899100101190227.26 26.68 27.18 26.18 26.43 19039.03 11.96 11.96 11.41 12.86 190429.84 30.32 27.65 28.83 28.06 190510.95 17.06 13.16 10.94 37.28 190623.89 20.74 11.16 11.03 16.00 190717.02 16.88 20.01 26.07 20.53 190922.45 30.34 30.22 32.76 34.11 =365/

:365/13.81=26.43365/28.39=12.86365/13.01=28.06365/9.79=37.28365/22.81=16365/17.78=20.53365/10.7=34.11

101

=365/97989910010119022333415519037765732119041222310619056557124319063476626219075644524319094111297

7111()97989910010119022.322.392.712.832.5719035.084.636.376.987.5619045.074.916.175.645.2319054.354.496.194.863.981906719.60892.100136.4756.6619077.657.2310.279.5012.78190913.488.4510.9811.1211.08=/(+)/2 : 4,295,529/(1,713,650+1,622,745)/2=2.572,009,102/(296,852+234,943)/2=7.5621,856,461/(4,089,262+4,265,437)/2=5.238,498,087/(1,307,528+2,964,927)/2=3.98405,193/(5,401+8,901)/2=56.6611,344,862/(1,714,119+60,748)/2=12.785,111,443/(482,365+440,317)/2=11.08

101

=/(+)/29798991001011902111112719034344484190434233651905223224619067---7141190755556112190966665112

98-9971()9798991001011902157.32152.58134.62129.15141.75190371.8678.8457.2852.2948.31190471.9674.3259.1364.7469.76190583.9281.2458.9475.1391.7519060.51---6.44190747.6950.5035.5538.4228.55190927.0743.1933.2432.8332.94=365/:365/2.57=141.75365/7.56=48.31356/5.23=69.76365/3.98=91.75365/56.66=6.44365/12.78=28.55365/11.08=32.94

101

=365/9798991001011902111112719034344484190434233651905223224619067---7141190755556112190966665112

98-99719798991001011902(0.0219)(0.0607)0.1148 0.0035 (0.0777)1903(0.3337)(0.2411)(0.2131)(0.1269)(0.2363)19040.0201 0.05080.08090.02890.041219050.0483(0.1474)0.1691(0.0377)(0.0304)19060.0063(0.0028)0.02400.03660.01441907(0.0847)(0.0209)(0.0443)0.03520.114619090.11830.05720.28320.28020.2828=/(+)/2

-329,008/(4,230,754+4,235,222)/2=(0.0777)-104,830/(444,525+442,564)/2=(0.2363)694,968/(16,736,597+17,019,352)/2=0.0412-214,159/(4,118,893+9,989,625)/2=(0.0304)563/(38,732+39,509)/2=0.0144419,355/(6,707,922+613,226)/2=0.1146606,460/(2,201,836+2,087,544)/2=0.2828

101

=/(+)/2979899100101190233532166190312111671904564452421905616231851906453742331907242662041909777573311

71

9798991001011902(0.0099)(0.0265)0.05010.0015(0.0341)1903(0.0256)(0.0195)(0.0170)(0.0105)(0.0210)19040.0074 0.01990.03360.01280.018719050.0193 (0.0573)0.0633(0.0134)(0.0130)19060.0011 (0.0003)0.00040.0006 0.00021907(0.0098)(0.0023)(0.0054)0.0052 0.0096 19090.02640.01100.04260.03900.0364=/(+)/2

-329,008/(9,792,825+9,525,749)/2=(0.0341)-104,830/(5,030,045+4,969,554)/2=(0.0210)694,968/(36,982,854+37,532,597)/2=0.0187-214,159/(11,770,984+21,246,712)/2=(0.0130)563/(2,347,613+2,624,774)/2=0.0002419,355/(43,750,643+43,565,319)/2=0.0096606,460/(16,267,323+17,097,050)/2=0.0364101

=/(+)/2979899100101190222541146190313122971904574662821905617131851906453341931907342551931909766773311

71

=[+*(1)]/)X100%97989910010119024.09-19.432.27-1.771903-1.49-4-3.2-1.6-3.2419040.855.783.063.519051-480.4-1.2419062.9320.832.36-2.171907-0.2763.915.082.9219090.6904.324.023.2%38101

=[+*(1)]/)X100%-187,111+[18,891 X(1-10%)]/9,659,287 X100=-1.77-169,162+[7,158X(1-17%)] /4,999,800 X100=-3.261,125,768+[212,819X(1-10%)]/37,257,726 X100=3.5-223,162+[23,110X(1-10%)]/16,508,848 X100=1.24-60,338+[7,702X(1-10%)]/2,486,193=-2.171,090,929 +[219,190X(1-10%)]/43,657,981=2.92464,514+[84,424X(1-10%)]/2,640,452=3.297989910010119027273322419031111157190446567282190553624205190665212166190777375291190984466282= / X10097989910010119026.24-1.715.073.32-3.081903-2.55-5.61-3.98-2.06-4.2219040.596.929.35.266.2519051-6110.13-1.9419064.052.690.92.86-3.761907-1.798.695.877.84.0119090.3-0.456.135.794.51%41101

= / X100-187,111/6,078,980 X100 =-3.08-169,162/4,464,642 X100 =-4.221,125,768/18,012,162 X100 =6.25-223.162/16,508,848 X100 =-1.94-60,338/1,602,915 X100 =-3.761,090,929/27,209,392 X100 =4.01464,514/10,293,577 X100 =4,5197989910010119027374324219031211167190436557261190552624195190665232186190727375242190944466242= ( / ) 100%97989910010119028.66-7.7612.570.37-8.181903-4.41-4.16-3.55-2.14-4.0319046.015.039.144.016.4719054-1112-2.53-1.7519060.16-0.040.060.090.041907-2.1-0.52-1.341.332.5319096.272.219.329.088.83%97989910010119027274121319031312297190457456272190541613156190635334184190724245175190966577311EPS= ( / ) 100%979899100101190210.3-2.3923.725.38-4.121903-4.71-9.63-6.77-3.88-6.5119041.313.1216.998.1812.0719052-1017-0.45-1.7819064.213.880.533.63-41907-2.9512.669.4610.997.1719090.910.3210.4910.299.03%97989910010119027374223219031211167190447557281190551624186190665233195190726375232190934466232EPS= ( / ) 100%97989910010119027.99-2.1817.414.1-4.361903-5.97-14.53-8.06-3.69-8.0619040.46.086.793.794.4719052-9.4140.18-2.4919063.936.136.5512.54-12.881907-2.1311.848.0711.168.4619090.39-0.959.658.487.24%48101

= ( / ) 100%-187,111/4,289,090=-4.36-169,162/2,099,176=-8.061,125,768/25,160,280=4.47-223.162/8,959,589=-2.49-60,338/468,376=-12.881,090,929/12,901,570=8.46464,514/6,414,498=7.24999798991001011902737342421903111126719044536523419055262318519066621116619072747727119093456624297989910010119021.04-0.282.530.51-0.471903-0.47-0.96-0.68-0.34-0.6519040.091.091.520.851.0519050.18-0.81.540.02-0.2919060.420.30.120.36-0.411907-0.221.140.891.210.6619090.05-0.080.90.860.68 =( - ) / 51979899100101190273742233190311111571904465572711905526241951906652331951907273752421909344662339798991001011902-30.3229.7849.4714.13-15.1719035.2761.250.4210.452.83190452.8945.4725.77-5.6818.621905-23.0044.0053.00-1.0020.00190610.850.000.0028.8115.321907-4.8226.141.1817.481.8219099.6317.0044.7342.4528.22% = / 10197~100

= /

-224,599/1,480,626=-0.1517(-15.17%)25,595/904,298=0.0283(2.83%)1,403,905/7,537,856=0.1862(18.62%)1,011,861/5,066,623=0.1997(19.97%)=(20.00%)69,009/450,448=0.1532(15.32%)88,536/4,867,431=0.0182(1.82%)671,431/2,378,944=0.2822(28.22%)979899100101190214641166190347234204190476415232190525726223190661162166190733353175190952577261 7 1

1 979899100101190219.71 31.82 65.99 36.55 18.47 190332.40 192.79 148.75 155.70 156.36 190471.77 87.41 61.53 36.78 43.39 190535.00 36.00 42.00 35.00 43.00 19062,268,212.50 1,765,506.25 0.00 1,617.83 2,291.47 190729.75 34.28 30.02 30.55 17.95 1909117.10 139.52 101.58 105.80 115.11 / + + %9798570100%979899100101190211532126190336766282190454444214190543323155190677177291190722211871909656552739798991001011902-5.603.905.56-0.07-3.1419030.726.780.051.580.4719043.835.981.96-1.942.0619050.003.004.00-0.102.6119063.880.000.004.473.1719070.003.300.000.000.0019093.702.232.223.173.59%10197~100

(-224,599-201,000)/(4,235,222+5,503,858+2,516,745+15,806+13,753+2,743,496-1,480,626)=-0.0314(-3.14%)(25,595-0)/(442,564+1,437,769+3,491,706+1,792+86,341+943,026-904,298)= 0.0047(0.47%)(1,403,905-322,011)/(1,7019,352+22,572,385+10,003,516+10,549+97,231+9,934,000-7,537,856)=0.0251(2.51%)(1,011,861-0)/(998,9625+23,895,031+4,591,122+0+143,278+6,368,498-5,066,623)=0.0253(2.53%)(69,009-0)/(39,509+3,452+437,779+0+808,851+680,716-450,448)= 0.0454(4.54%)(88,536-1,328,297)/(613,226+516,762+35,277,435+1,945,080+321,718-4,867,431)=-0.0366(-3.66%)(671,431-0)/(2,087,544+3,998,296+10,896,420+0+810,901+3,255,429-2,378,944)=0.0359(3.59%)=+==-(- )/(+++)

7 1 7 1 7979899100101190215731175190347353222190466414214190523625186190671176222190724142137190952567251(%)(%)(%)190216121745619032028226041904232121653190522151855519061629226721907178133871909262725781777 - = (-)/ = (-)/97989910010119020.48 -0.15 -0.35 0.08 0.09 1903-0.23 -0.12 -0.19 -0.31 -0.19 1904-0.27 -0.07 -0.02 0.12 0.07 19051.26 -0.27 -0.24 0.40 1.03 1906-0.83 -0.47 -0.23 -1.93 19070.17 -0.15 -0.26 -0.01 -0.67 19090.43 0.26 0.08 -0.25 -0.10

101 = -0.018[ 1,622,745(1,590,883+1,713,650)/2 ] / (1,590,883+1,713,650)/2

101 = -0.112[ 4,274,964-(4,951,725+4,672,711)/2 ] / (4,951,725+4,672,711)/2

101 = -0.018 + 0.112 = 0.094- = (-)/ = (-)/101()

97-99979899100101190225743213190353376242190462234174190516522165190677411207190745657271190931165165- = (-)/ = (-)/97989910010119020.54 0.38 -0.10 -0.05 0.30 1903-0.57 0.48 0.26 0.04 -0.01 1904-0.31 0.06 0.13 -0.06 -0.05 1905-0.26 0.99 -0.53 -0.20 7.32 1906-0.61 -0.37 -0.09 1.59 0.30 1907-0.39 0.18 0.44 0.38 -0.71 1909-0.52 0.36 0.58 -0.14 -0.02

- = (-)/ = (-)/101 = 0.192[ 689,117(585,809+570,542)/2 ] / (585,809+570,542)/2

101 = -0.112[ 4,274,964-(4,951,725+4,672,711)/2 ] / (4,951,725+4,672,711)/2

101 = 0.192 + 0.112 = 0.302101()

97 98 99 100 101 19021 3 6 4 3 17 7 190362 33418 5 19043645624 1 19052177118 5 19067751323 2 19074522720 4 19095416521 3 - = (-)/ = (-)/97989910010119020.57 0.85 -7.03 0.27 0.90 19030.91 -3.19 -1.23 -1.63 -0.70 19040.14 -0.32 -0.17 0.22 0.01 19050.12 1.16 -5.19 0.47 0.72 19060.30 -0.05 -0.14 -0.14 -0.05 19070.10 -0.30 0.23 -0.27 -0.48 19090.23 -0.16 -0.44 0.09 -0.04

- = (-)/ = (-)/101= -0.112[ 4,274,964-(4,951,725+4,672,711)/2 ] / (4,951,725+4,672,711)/2

101 = -1.013[-8,593-(886,268+345,664)/2 ] / (886,268+345,664)/2

101 = -0.112 + 1.103 = 0.991101()97 98 99 100 101 19022 1 7 2 1 13 7 19031 75 7626 1 1904563 3320 3 1905626 1217 6 1906332 5518 5 1907751 6726 1 19094444420 3 = () / = (-)/9798991001011902-0.86 -0.01 0.19 0.08 -0.11 19030.00 0.00 0.00 0.00 0.00 1904-0.08 0.18 -0.00 -0.09 0.00 1905-0.07 0.08 -0.08 -0.04 0.19 1906-0.26 0.08 0.13 0.11 0.07 1907-0.25 -0.16 -0.20 -0.07 0.15 1909-0.20 0.32 -0.21 -0.24 0.07

101= -0.224[322,569 - (421,149+410,568)/2 / (421,149+410,568)/2 ]

101= -0.112[ 4,274,964-(4,951,725+4,672,711)/2 ] / (4,951,725+4,672,711)/2

101 = -0.224 + 0.112 = -0.112 = () / = (-)/101()97 98 99 100 101 19027 6 1 2 7 23 2 19031 5 3 3 6 18 5 19043 2 4 6 6 21 4 19052 4 5 4 1 16 7 19066 4 2 1 4 17 6 19075 7 6 5 2 25 1 19094 1 7 7 4 23 2 = () /9798991001011902-----19030.05 -0.10 -0.07 0.50 0.19 1904-1.27 -0.59 1.83 -1.01 -3.24 1905-----1906-----1907-0.23 -0.29 -0.15 -0.28 -0.01 1909-0.92 6.02 2.92 0.47 0.65 =() /101 = 0.19[15,031 (10,066+15,176)/2 ] / (10,066+15,176)/2

101 = 0.08[ 78,098 - (75,711+68,959)/2 ] / (75,711+68,959)/2

101 = 0.19 - 0.08 = 0.11101() 9897 98 99 100 101 1902------1903123129 3 19044424418 1 1905------1906------19072343315 2 1909311218 4 () / = / 97989910010119020.06 0.00 -0.17 0.07 0.09 1903-0.31 0.19 -0.21 -0.08 0.12 1904-0.06 0.21 -0.22 0.03 -0.01 19050.10 0.09 -0.32 0.10 0.46 1906-0.23 0.47 0.68 -0.86 0.05 19070.02 -0.58 -0.15 0.36 -3.82 1909-0.07 0.42 -0.43 -0.07 0.08 = / 101 = 4,274,964 / 598() = 7148.769100 = 4,672,711 / 595() = 7853.296

101= (7,853.296-7,148.769)/7,853.296 = 0.089() /101()9710197 98 99 100 101 19022 6 3 3 3 17 6 19037 4 4 6 2 23 2 19044 3 5 4 6 22 3 19051 5 6 2 1 15 7 19066 1 1 7 5 20 4 19073 7 2 5 7 24 1 19095 2 7 1 4 19 5 21 24 17 16 20 27 16 17 18 24 18 23 20 21 14 27 20 16 18 25 20 23 18 21 16 17 25 23 0 9 18 0 0 15 8 17 23 22 15 20 20 23 92 119 122 81 98 132 111 6 3 27 5 1 49798991001011902177.72172.86154.86154.98163.141903126.67122.23124.39123.65125.541904165.24156.04176.97207.46206.251905135.6137.88131.85142.38144.091906156.98132.19121.65141.09170.231907182.8161.71164.07167.93153.581909164.58149.54157.91159.07165.01=/% 9,525,749/5,839,105=1.6314(163.14%)4,969,554/3,958,585=1.2554(125.54%)37,532,597/18,197,993=2.0625(206.25%)21,246,712/14,745,281=1.4409(144.09%)2,624,774/1,541,934=1.7023(170.23%)43,565,319/28,366,549=1.5358(153.58%)17,097,050/10,360,945=1.6501(165.01%)101

=/

9798

9798991001011902152.57261.54159.81146.26174.011903171.14128.08126.35132.90130.25190473.75153.78160.90171.90178.571905100.00150.00137.5032.50156.451906138.23133.83108.43121.19173.271907662.96150.61150.13153.54137.33190943.48-750.00141.90144.03140.94=ROE()/ROA()%-0.0308/-0.0177=1.7401(174.01%)-0.0422/-0.0324=1.3025(130.25%)0.0625/0.035=1.7857(178.57%)-0.0194/-0,0124=1.5645(156.45%)-0.0376/-0.0217=1.7327(173.27%)0.0401/0.0292=1.3733(137.33%)0.0451/0.032=1.4094(140.94%)101

=ROE()/ROA(111

1981EPS

98

19022056641374591 413719036453953760118 4276190420758415965104 507219054164921095582 4435190654531221066798 50041907394010914438137 50721909387010615378107 5521TEJ