Financel report   | 
          
| Comparative Balance sheet (in US Dollars) | 
31/12/2002  | 
              31/12/2003  | 
              31/12/2004  | 
              31/12/2005  | 
            |
Total Assets  | 
              127 565 994 .45  | 
              134 904 667 .42  | 
              176 127 077 .29  | 
              176 655 914 .17  | 
            
Total Liabilities  | 
              79 524 165 .62  | 
              86 844 683 .91  | 
              130 859 218 .84  | 
              130 758 650 .52  | 
            
Total Equity  | 
              48 041 828 .83  | 
              48 059 983 51  | 
               50 427 537 .17  | 
              45 897 263 .65  | 
            
Total Equity and Liabilities  | 
              127 565 994 .45  | 
              134 904 667 .42  | 
              176 127 077 .29  | 
              176 655 914 .17  | 
            
DETAILS
Comparative Profit and Loss Statement (in US Dollars)  | 
        
31/12/2002  | 
          31/12/2003  | 
          31/12/2004  | 
          31/12/2005  | 
        |
6 579 744 .64  | 
          7 324 707 .21  | 
          9 979 782 .79  | 
          11 496 038 .40  | 
        |
| Operating expences | 1 161 618 .86  | 
          1 178 927 .20  | 
          1 537 414 .97  | 
          1 734 397 .93  | 
        
| Net income | 1 161 618 .86  | 
          6 145 780 .01  | 
          8 442 367 .82  | 
          9 761 640 .47  | 
        
| Net Profit before Tax | -  | 
          -  | 
          -1 006 280 .03  | 
          1 905 615 .46   | 
        
| Result of the period | 1 745 848 .90  | 
          1 050 452 .60  | 
          -1 216 131.03  | 
          1 666 448 .33  | 
        
DETAILS
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AUDITORS:Chiheb GHANMI
Générale D'Audit et Conseil Internationale
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