BALANCE SHEET					from	1st January 2004
METIZI J.S.Co., Steel Wires and Wire Ropes					to	31st December 2004
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	16299			16196	2.	Additional (rezerve) funds
2.	Machines and equipment	36780			35858		Total under group I	500		500
3.	Others material long-term assets	9			15	II.	Emission premiums	48
4.	Expenses for long-term assets	246			304	III.	Revalue reserves	44783		44781
	Total under group I	53334			52373	IV.	Reserves
II.	Unmaterial					1.	General reserves	8644		8839
1.	Expenses for establish and expanding					2.	Additionaly reserves
2.	Product for develop activity						Total under group IV	53475		53620
3.	Hardware and software products	4			2	V.	Precede result
4.	Patents, licenses, concession rights, know-haw, firm and trade marks					1.	Undistributed profit	44
5.	Others unmaterial assets					2.	Uncover loss
	Total under group II	4			2		Total under group V	44	0	0
III.	Long-term investments					VI.	Result from current period
1.	Control share					1.	Profit	100		107
2.	Considerable share					2.	Loss
3.	Minority share	7			7		Total under group VI	100		107
4.	Investment property						TOTAL FOR SECTION "A"	54119		54227
5.	Others					B.	LONG-TERM LIABILITIES
	Total under group III	7			7	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			2200
3.	Othes long-term receivables					4.	Deferred taxes
	Total under group IV					5.	Others long-term debts
V.	Positive reputation						Total under group I			2200
	Total under group V					II.	Future incomes
	TOTAL UNDER SECTION  "B"	53345	0	0	52382	1.	Negative reputation
						2.	Others future incomes
C.	SHORT-TERM ASSETS						Total under group II			2200
I.	Material short-term assets						TOTAL FOR SECTION "B"
1.	Materials	957			765	C.	SHORT-TERM LIABILITIES
2.	Production	656			1116	I.	Short-term debts
3.	Goods	27			23	1.	Debts into corporates, including dividends
4.	Young animals and animals for fatten					2.	Debts into received bank credits	3189		1286
5.	Unfinished production	670			1459	3.	Debts into trade grant credits	745		595
6.	Others material short-term assets	617			0	4.	Depts into deliveries	925		978
	Total under group I	2927			3363	5.	Recieved advance
II.	Short-term receivables					6.	Debts into the budget	208		19
1.	Receivables from corporates, including dividends					7.	Debts into the personnel	73		104
2.	Receivable from sells	1330			3862	8.	Debts into the social ensurance	268		29
3.	Granted advancses					9.	Others short-term debts	76		332
4.	Receivables from trade grant credits						Total under group I	5484	0	3343
5.	Legal and adjudge receivables					II.	Future incomes
6.	Taxes for rehabilitate				5		TOTAL FOR SECTION "C"	5484	0	3343
7.	Others short-term receivables	5			58	D.	FUNDINGS
	Total under group II	1335			3925	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)	59603	0	59770
	Total under group III
IV.	Financial assets
1.	Cash on hand	3			1
2.	Bank accounts	1993			99
3.	Bloked financial resources
	Total under group IV	1996	0	0	100
V.	Future expenses
	TOTAL UNDER SECTION  "C"	6258	0	0	7388
	ASSETS AMOUNT (A+B+C)	59603	0	0	59770
A.	Assets (off-balance sheet)						Liabilities (off-balance sheet)
Date:		Chief Accountant:		A. Zlateva                 teva				Certify:	_____________
26th Feb 2005		Executive Director:		N. Petkov MSc.