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              [html]<thead><tr><td></td><td>I December 31.2002 and 2001, and a statement of the funded status as of December 31.2002 and 2001 :</td><td>2002</td></tr></thead><tbody><tr><tdcolspan="3">2001</td></tr><tr><td>Reconciliation of benefit obligations :</td><td>Benefit obligation at January 1</td><td>$ 14.183.582</td></tr><tr><td>$ 11.885.661</td><td>Service cost – benefits earned during the period</td><td>994.630</td></tr><tr><td>847.620</td><td>Interest cost on projected benefit obligation</td><td>983.977</td></tr><tr><td>970.710</td><td>Actuarial loss</td><td>45.731</td></tr><tr><td>1.117.567</td><td>Benefits paid</td><td>_ ( 667.523 )</td></tr><tr><td>( 637.976 )</td><td>Benefit obligation at December 31</td><td>. 15.540.397</td></tr><tr><tdcolspan="3">_14.183.582</td></tr><tr><td>econciliation of fair value of plan assets :</td><td>Fair value of plan assets at January 1</td><td>12.631.250</td></tr><tr><td>12.864.027</td><td>Actual return on plan assets</td><td>( 1.031.005 )</td></tr><tr><td>( 337.724 )</td><td>Employer contributions</td><td>726.989</td></tr><tr><td>742.923</td><td>Benefits paid</td><td>_ ( 667.523 )</td></tr><tr><td>( 637.976 )</td><td>Fair value of plan assets at December 31</td><td>11.659.711</td></tr><tr><td>12.631.250</td><td>Analysis</td><td>$ ( 3.880.686 )</td></tr><tr><tdcolspan="3">$.( 1.552.332 )</td></tr><tr><tdcolspan="3">Seconciliation of funded status to accrued pension ( liability ) asset :</td></tr><tr><td>Funded status at December 31</td><td>$ ( 3.880.686 )</td><td>$ ( 1.552.332 )</td></tr><tr><td>Unrecognized loss from past experience different than</td><td>that assumed and effects of changes in assumptions</td><td>5.109.193</td></tr><tr><td>3.268.617</td><td>Additional minimum liability recorded</td><td>( 2.409.795 )</td></tr><tr><td>-</td><td>Unrecognized prior - service cost</td><td>193.975</td></tr><tr><td>211.935</td><td>Other</td><td>__ ( 36.644 )</td></tr><tr><td>___</td><td>Concerned pension ( liability ) asset</td><td>$.( l, 023.957 )</td></tr></tbody>
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