2012 4

..................................................... 2
............................................................. 2
................................................. 3
....................................................... 4
............................................. 5
, .................................................. 5
.................................. 8
. ........................................ 10
. .................................. 13

1. (M2)
2. ,
3. ,
4. , ,
5. ,
6. ,
7. ,
8. ,
9. ,
10.
11.
12. ,
13.

3
4
5
6
6
7
8
8
9
10
11
12
13

1|


2012 4

.
.
5
.
2012 (i) , (ii)
, (iii)
.

.
,
.
2012 4
.

, 2012 4
/- 1
14/205
2
, ( /- %)
0.29/2.6
( )
11.99
( /- %)
6.9/49.8
( /- %)
4.4/31.4
( /- %)
3.8/27.4
( /- %)
0.9/6.6
- ( /- %)
1.2/8.5
%
4.2
/
11.7/18.2
, ,
1015

-
711
/
2.7/1.1
()

1
2

- 2012 3
, 2011

2|


2012 4

(M2) 1999
39%-
2012 7.9% .
.
1. (M2)

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

2012 ,
.

.
2012 ,
.

3|


2012 4

2012
11.99 , 2011 28%, 2010
92% .


.
, 2008 4
, 2009 2, 3 1.8%, 1.4%
.
, 2010 2
2011 3 55.6%
.
2012 28%-
.
2. ,
,

14,000.00

0.7
11,992.23
0.6

12,000.00
9,371.63

10,000.00

0.5

8,000.00

0.4

6,000.00

0.3

4,000.00

0.28 0.2

2,000.00

0.1

0
I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV

2006

2007

2008

2009

2010

2011

2012

4|


2012 4

3 , . 2012
58%-
, - , 17%- , 6%-
, 6%- .
2012 53%-
, , 18%- , 12%-
, 8%- - , 5%-
.
3. ,

, 2012
IV

17%

13%

6%
6%

, 2012
IV
5% 4%
8%

18%

12%

,


-

58%

, -

53%

,

2011 2 .
2012
3.09 , 2011 17%
.
29%- , 71%-
.
2011 76%
2012 70% .

5|


2012 4

4. , ,


,
,

5,000.00
4,000.00

0.80
0.70
0.60
0.50

3,000.00

0.40
0.30

2,000.00

0.20
0.10

1,000.00

-0.10

-0.20
I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV I II IIIIV
2005

2006

2007

2008

2009

2010

2011

2012

2012
58%- .
2011
.
2012
6.9 , 2011 24%
.
1 38%
2012 24% .
5. ,
,

8,000.00

0.80
0.70
0.60
0.50
0.40
0.30
0.20
0.10
-0.10

7,000.00
6,000.00
5,000.00

4,000.00
3,000.00
2,000.00
1,000.00
I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV I II III IV
2006

2007

2008

2009

2010

2011

2012

6|


2012 4

6
. 2012
16%
. ,
,
10%- .

.
2.5%
.
6. ,

,


, ,
,

2010-IV

2011-IV

2012-IV

, , ,

; , ,
,

-100.00

300.00

700.00 1,100.00 1,500.00

, , ,
2012
.

7|


2012 4

. 2012
786.3
18%, 1,540
22%- .
7. ,
800.0

700.0

600.0
500.0

25% 1,600.0
1,400.0
20%

15%

30%

25%

1,200.0
20%

1,000.0
800.0

400.0

600.0

10%

300.0

15%
10%

400.0

200.0

5%

5%

200.0

100.0

0%

0%
I III I III I III I III I III I III

I III I III I III I III I III I III

2007 2008 2009 2010 2011 2012

2007 2008 2009 2010 2011 2012

8. ,
,

25
20

13.3

12.4

.
4, 5, 6


.

15
10
5
0
-5

-10
-15

8|


2012 4

3 9.9
, 22.2
.

.
4 ,
.
2012
, -, .
, -,
.
,
.

9. ,

,
Linear ( , )

120,000.0

90,000.0

60,000.0

30,000.0
-

20,000.0 40,000.0 60,000.0 80,000.0 100,000.0 120,000.0 140,000.0 160,000.0

,

9|


2012 4

.
10
.

2000

10.

0.35
0.30

0.25
0.20
0.15
0.10
0.05
I III I III I III I III I III I III I III I III I III I III I III I III I III
2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2000
30% . 2001
4 6% 2008 3
.
2008
2008 4
2009 4
17% .
2011
6% , .
2012 4 4% . 70%
.

10 |


2012 4
11.
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%

1-5

I III I III I III I III I III I III I III I III I III I III I III I III

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

11- .
2004 90 1
. 2004
1-5
2012 58% .
2007 5
2010 22%-
. 5
.
1
.

11 |


2012 4

12
4
.
12. ,

,

;
, , ,

2010-IV

2011-IV

2012-IV

,
,

0.10

0.20

0.30

2012 (i)
, (ii) , (iii)
.

12 |


2012 4

.
13- ,
. 2012 2
7.6 2012 12 6.5
.
,
.
13.
20

28

18

16

23

14
12
10

18

8
6

13

4
2
0
I
III
V
VII
IX
XI
I
III
V
VII
IX
XI
I
III
V
VII
IX
XI
I
III
V
VII
IX
XI

8
2009

2010

2011

2012

13 |