When you decide you wish to leave the table, just click on the exit game button. Users playing our games at the same time during that period. immediately below is a summary of our net revenue and net income over the past two years: , in 2005, our net revenues increased by 46.0% to rmb1, 896.6 million us5.0 million ; from rmb1, 298.7 million in 2004; but our net income decreased by 72.9% to rmb165.3 million us.5 million ; in 2005 from rmb609.5 million in 2004. the decrease in net income is primarily due to a provision of rmb521.5 million us.6 million ; for impairment of the investment in actoz soft co., ltd., or actoz, an associated company in which we own its 38.1% equity interest; and , our net revenues increased by 116.5% to rmb1, 298.7 million in 2004 from rmb600.0 million in 2003; our net income increased by 123.4% to rmb609.5 million in 2004 from rmb272.9 million in 2003. signicant factors aecting our nancial condition and results of operations include: , the commercial lifespan of the online games and other content that we oer, and our ability to replace such content with new popular online games during that lifespan; , the arrival of additional competition into our markets and its erosion of any rst-mover advantage that we might have beneted from by having been one of the rst entrants into the online game market in china, and any eect on market prices and the costs of our services and operations; , our ability to successfully grow through the identication and acquisition of complementary businesses and our ability to successfully integrate acquired companies and realize synergies envisioned at the time of acquisition; , our ability to successfully develop the ez initiative and transition from a pure online game company to an interactive entertainment media platform, content and service provider. , the cost of researching, developing and marketing new products, including the ez initiative. , our traditional subscription based pay-to-play revenue model; , the willingness of users to purchase in-game value-added services following the introduction of a new free-to-play and pay-for-in-game-value-added services revenue model for our leading mmorpgs. , the costs of licensing and in-house development of new games; , the future availability of preferential tax treatments and government nancial incentives in china; , the eect of prc regulations on the conduct of our operations; and , the growth of internet and personal computer use and the popularity of these media as a source of entertainment. in late november 2005, we adopted a free-to-play and pay-for in-game value-added services revenue model for three of our mmorpgs: mir ii, magical land and woool. going forward, we will consider adopting this new revenue model for our other existing mmorpgs, depending on the game type and lifecycle. under this new revenue model, which is also used for our casual games, playing the basic features of the game is free and users are able to purchase in-game value-added services, including in-game items and premium features, that enhance the game experience. this new revenue model was introduced primarily in response to the changes in consumption patterns of online game players, as well as market conditions of online game industry in china since we rst standardized the pay-to-play revenue model for mmorpgs more than four years ago. in 2005, as part of our transition from a pure online game operator to an interactive entertainment media company, we introduced the ez initiative as an integral part of our home strategy. this initiative aims to provide home users with a broad range of entertainment content and services in a convenient and easy-to-use format. we intend to generate revenues from the ez initiative from the sale of content and services over the ez center platform as well as from the sale or licensing of ez series products, and we continue eorts in building better partnerships and developing the distribution models for our ez pod products. 46.