BALANCE SHEET					from	1st January 2002
METIZI J.S.Co., Steel Wires and Wire Ropes					to	31st December 2002
Section, groups, items		Amount BGL				Section, groups, items		Amount BGL
		Pre-	Current year					Pre-	Current year
		vious year	Account value	Correc- tive	Balance value			vious year	Account value	Balance value
a		1	2	3	4	a		1	2	3
A.	UNPAID CAPITAL					A.	OWN FUNDS
B.	LONG-TERM ASSETS						FUNDS
I.	Material					1.	Fundamental	500		500
1.	Buildings, lands, forests and perennials	8384			8205	2.	Additional (rezerve) funds
2.	Machines and equipment	1037			949		Total under group I	500		500
3.	Others material long-term assets	10			8	II.	Emission premiums
4.	Expenses for long-term assets	228			341	III.	Revalue reserves	642		642
	Total under group I	9659			9503	IV.	Reserves
II.	Unmaterial					1.	General reserves	9622		8644
1.	Expenses for establish and expanding					2.	Additionaly reserves	10		48
2.	Product for develop activity						Total under group IV	10274		9334
3.	Hardware and software products	6			4	V.	Precede result
4.	Patents, licenses, concession rights, know-haw, firm and trade marks	22			16	1.	Undistributed profit	38
5.	Others unmaterial assets					2.	Uncover loss	-931
	Total under group II	28			20		Total under group V	-893	0	0
III.	Long-term investments					VI.	Result from current period
1.	Control share					1.	Profit	-47		6
2.	Considerable share					2.	Loss
3.	Minority share	1			1		Total under group VI	-47		6
4.	Investment property						TOTAL FOR SECTION "A"	9834		9840
5.	Others					B.	LONG-TERM LIABILITIES
	Total under group III	1			1	I.	Long-term debt
IV.	Long-term receivables					1.	Debts into corporates
1.	Receivables from corporates					2.	Debts into received bank loans
2.	Receivables from trade grant credits					3.	Debts into received trade credits
3.	Othes long-term receivables					4.	Deferred taxes
	Total under group IV					5.	Others long-term debts
V.	Positive reputation						Total under group I
	Total under group V					II.	Future incomes
	TOTAL UNDER SECTION  "B"	9688	0	0	9524	1.	Negative reputation
						2.	Others future incomes
C.	SHORT-TERM ASSETS						Total under group II
I.	Material short-term assets						TOTAL FOR SECTION "B"
1.	Materials	274			635	C.	SHORT-TERM LIABILITIES
2.	Production	277			392	I.	Short-term debts
3.	Goods	5			15	1.	Debts into corporates, including dividends
4.	Young animals and animals for fatten					2.	Debts into received bank credits	3000		3000
5.	Unfinished production	364			492	3.	Debts into trade grant credits
6.	Others material short-term assets					4.	Depts into deliveries	1301		772
	Total under group I	920			1534	5.	Recieved advance
II.	Short-term receivables					6.	Debts into the budget	254		202
1.	Receivables from corporates, including dividends					7.	Debts into the personnel	190		66
2.	Receivable from sells	427			843	8.	Debts into the social ensurance	468		300
3.	Granted advancses					9.	Others short-term debts	104		56
4.	Receivables from trade grant credits	2717			2235		Total under group I	5317	0	4396
5.	Legal and adjudge receivables					II.	Future incomes	10		0
6.	Taxes for rehabilitate						TOTAL FOR SECTION "C"	5327	0	4396
7.	Others short-term receivables	1361			19	D.	FUNDINGS
	Total under group II	4505			3097	1.	For long-terms assets
III.	Short-term investments					2.	For current activity
1.	In corporates, including  buy up own shares and bonds						TOTAL FOR SECTION "D"
2.	Others short-term investments						LIABILITIES AMOUNT (A+B+C+D)	15161	0	14236
	Total under group III
IV.	Financial assets
1.	Cash on hand	6			3
2.	Bank accounts	42			78
3.	Bloked financial resources
	Total under group IV	48	0	0	81
V.	Future expenses
	TOTAL UNDER SECTION  "C"	5473	0	0	4712
	ASSETS AMOUNT (A+B+C)	15161	0	0	14236
A.	Assets (off-balance sheet)						Liabilities (off-balance sheet)
Date:		Chief Accountant		A. Zlateva                 teva				Certify:	_____________
20th March 2003		Executive Director		Dipl. Eng. D. Popivanov