new developments and requirements are added.  Note 7 to the accompanying consolidated financial statements contains
a detailed description of the significant contractual relationship.
RISKS
Statement will be effective for the Company on January 1, 2005. The effective date has been deferred indefinitely for
certain other types of mandatorily redeemable financial instruments.  The Company currently does not have any
financial instruments that are within the scope of this Statement.
In December 2003, the Financial Accounting Standards Board issued FASB Statement No. 132(R).  Statement No.
132(R) is a revision of Statement No. 132, “Employers’ Disclosures about Pensions and Other Postretirement
Benefits.”  SFAS 132(R) is effective for financial statements with fiscal years ending after December 15, 2003.  SFAS
132(R) requires additional disclosures including information describing the types of plan assets, investment strategy,
measurement date(s), plan obligations, cash flows, and components of net periodic benefit cost recognized during
interim periods.  The objectives of the revisions are to provide qualitative information about the items in the financial
statements, quantitative information about items recognized or disclosed in the financial statements, information that
enables users of financial statements to assess the effect that pension plans and other postretirement benefit plans have
on entities’ results of operations, and information to facilitate assessments of future earnings and cash flows. The
Company has adopted this statement effective December 31, 2003 with disclosures included in Note 9.
for instruments entered into or modified after May 31, 2003 and otherwise will be effective as of January 1, 2004,
except for mandatorily redeemable financial instruments. For certain mandatorily redeemable financial instruments, the