INCOME STATEMANTS				from	1st January 2004
METIZI J.S.Co., Steel Wires and Wire Ropes				to	31th December 2004
		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	-442	-722	1.	Net incomes from sales, including from companies with control share	7743	10472
2.	Expenses for materials	5321	7888	2.	Incomes from fundings, including from state
3.	Expenses for out services	677	1084	3	Expenses for long-term assets to acquire and liquidation in economic way
4.	Expenses for salaries and others rewards	924	968	4.	Increase  reserves of produce, unfinished production and future expenses
5.	Expenses for social insurances and allowances	289	288	5.	Other incomes:
6.	Expenses for amortizations	535	1054	a/	offsprings and increase of animals
7.	Others expenses, including	54	-44	b/	materials from own production
a/	Decrease amount of material reserves			c/	others
b/	Expenses for provisions
8.	Amount under review for sold materials, goods, young animals and animals for fatten and long-term material and unmaterial assets	470	542
	TOTAL UNDER GROUP I	7828	11058		TOTAL UNDER GROUP I	7743	10472
II.	FINANCIAL EXPENSES			II.	FINANCIAL INCOMES
9.	Expenses for interests, including corporate interests			6.	Incomes interests, including corporate interests	146	2
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			8.	Positive investment differences, including corporate investments
12.	Others financial expenses			9.	Positive defferences from changes of curse of exchange	39	209
				10.	Others financial incomes		482
	TOTAL UNDER GROUP II	0	0		TOTAL UNDER GROUP II	185	693
III	EXTRAORDINARY EXPENSES			III.	EXTRAORDINARY INCOMES	9	0
IV.	GENERALLY EXPENSES	7828	11058	IV.	GENERALLY INCOMES	7937	11165
	/ I + II + III /				/ I + II + III /
V.	BOOK PROFIT  (generally incomes - generally expenses)	100	107	V.	BOOK LOSS /generally expenses - generally incomes/
VI.	EXPENSES FOR TAXES	9		VI.	LOSS /generally expenses and taxes - IV/
13.	Corporation tax
14.	Others taxes
VII.	PROFITS /generally incomes - IV + VI /	7837	11058
	TOTAL / IV + VI + V/	7937	11165		TOTAL  / IV + VI /	7937	11165
Date:		Chief Accountant:		A. Zlateva
26th Feb 2005		Executive Director:		N. Petkov MSc.
			Certify:	___________