2005 2004

Operating assets 10500 1000

Short term debt 1000 1000

long term debt 3500 3000

minority interest 500 450

common equity 5500 5000

operating income 1350

interest expense 350

tax expense (40%) 400

Minority interest 50

net income 550

sorry tying to fix the layout, Return on common equity for year 2005 is

		11.42%
		10.0%
		11.0%
		10.47%