INCOME STATEMANTS				from	1st January 2002
METIZI J.S.Co., Steel Wires and Wire Ropes				to	31th Desember 2002
		Amount BGL				Amount BGL
		in thous. BGN				in thous. BGN
Expenses denomination		Previous year	Current      year	Incomes denomination		Previous year	Current year
	a	1	2		a	1	2
I.	EXPENSES FOR ACTIVITY			I.	INCOMES FOR ACTIVITY
1.	Decrease of reserves in production, unfinished production and future expenses			1.	Net incomes from sales, including from companies with control share	5274	6245
2.	Expenses for materials	2282	3784	2.	Incomes from fundings, including from state	0	0
3.	Expenses for out services	704	680	3	Expenses for long-term assets to acquire and liquidation in economic way
4.	Expenses for salaries and others rewards	660	775	4.	Increase  reserves of produce, unfinished production and future expenses
5.	Expenses for social insurances and allowances	245	266	5.	Other incomes:
6.	Expenses for amortizations	564	505	a/	offsprings and increase of animals
7.	Others expenses, including	106	26	b/	materials from own production
a/	Decrease amount of material reserves			c/	others
b/	Expenses for provisions	18
8.	Amount under review for sold materials, goods, young animals and animals for fatten and long-term material and unmaterial assets	966	-74
	TOTAL UNDER GROUP I	5527	5962		TOTAL UNDER GROUP I	5274	6245
II.	FINANCIAL EXPENSES			II.	FINANCIAL INCOMES
9.	Expenses for interests, including corporate interests	84	301	6.	Incomes interests, including corporate interests	33	201
10.	Negative investment differences from operations, including corporate investments			7.	Incomes from participations, including corporate dividends
11.	Negative defferences from changes of curse of exchange	53	49	8.	Positive investment differences, including corporate investments
12.	Others financial expenses	11	141	9.	Positive defferences from changes of curse of exchange	55
				10.	Others financial incomes	512
	TOTAL UNDER GROUP II	148	491		TOTAL UNDER GROUP II	600	201
III	EXTRAORDINARY EXPENSES	304	0	III.	EXTRAORDINARY INCOMES	58	13
IV.	GENERALLY EXPENSES	5797	6453	IV.	GENERALLY INCOMES	5932	6459
	/ I + II + III /				/ I + II + III /
V.	BOOK PROFIT  (generally incomes - generally expenses)		6	V.	BOOK LOSS /generally expenses - generally incomes/	47
VI.	EXPENSES FOR TAXES			VI.	LOSS /generally expenses and taxes - IV/	47
13.	Corporation tax
14.	Others taxes
VII.	PROFITS /generally incomes - IV + VI /		6
	TOTAL / IV + VI + VII /	5797	6459		TOTAL  / IV + VI /	5979	6459
Date:		Chief Accountant:		A. Zlateva
20th Match 2003		Executive Director:		D. Popivanov MSc
			Certify:	___________