BALANCE SHEET					from	1st January 2005
METIZI J.S.Co., Steel Wires and Wire Ropes					to	31st December 2005
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	16196			11951	2.	Additional (rezerve) funds
2.	Machines and equipment	35858			31163		Total under group I	500		500
3.	Others material long-term assets	15			11	II.	Emission premiums
4.	Expenses for long-term assets	304			324	III.	Revalue reserves	44783		44781
	Total under group I	52373			43449	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	53620		44596
3.	Hardware and software products	2			0	V.	Precede result
4.	Patents, licenses, concession rights, know-haw, firm and trade marks					1.	Undistributed profit
5.	Others unmaterial assets					2.	Uncover loss
	Total under group II	2			0		Total under group V	0	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	107		535
4.	Investment property						TOTAL FOR SECTION "A"	54227		45631
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"	52382	0	0	43456	1.	Negative reputation
						2.	Others future incomes
C.	SHORT-TERM ASSETS						Total under group II
I.	Material short-term assets						TOTAL FOR SECTION "B"	2200
1.	Materials	765			1098	C.	SHORT-TERM LIABILITIES
2.	Production	1116			872	I.	Short-term debts
3.	Goods	23			8	1.	Debts into corporates, including dividends
4.	Young animals and animals for fatten					2.	Debts into received bank credits	1286		3607
5.	Unfinished production	1459			1230	3.	Debts into trade grant credits	595		876
6.	Others material short-term assets	0			0	4.	Depts into deliveries	978		2143
	Total under group I	3363			3208	5.	Recieved advance			114
II.	Short-term receivables					6.	Debts into the budget	19		134
1.	Receivables from corporates, including dividends					7.	Debts into the personnel	104		122
2.	Receivable from sells	3862			2940	8.	Debts into the social ensurance	29		28
3.	Granted advancses				2744	9.	Others short-term debts	332		85
4.	Receivables from trade grant credits						Total under group I	3343	0	7109
5.	Legal and adjudge receivables					II.	Future incomes
6.	Taxes for rehabilitate	5			3		TOTAL FOR SECTION "C"	3343	0	7109
7.	Others short-term receivables	58			267	D.	FUNDINGS
	Total under group II	3925			5954	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)	59770	0	52740
	Total under group III
IV.	Financial assets
1.	Cash on hand	1			28
2.	Bank accounts	99			80
3.	Bloked financial resources
	Total under group IV	100	0	0	108
V.	Future expenses				14
	TOTAL UNDER SECTION  "C"	7388	0	0	9284
	ASSETS AMOUNT (A+B+C)	59770	0	0	52740
A.	Assets (off-balance sheet)						Liabilities (off-balance sheet)
Date:		Chief Accountant:		A. Zlateva				Certify:	_____________
10th Feb 2006		Executive Director:		N. Petkov MSc.