Asarel-Medet JSC - Panagyurishte

	12.2003
ASSETS	135 976
A. Fixed Assets	98 005
I. Tangible assets	88 475
1. Land	254
2. Buildings	22 157
3. Machinery	13 178
4. Equipment	43 184
5. Vehicles	3 453
6. Herds
7. Others	304
8. Cost of self-constructed or liquidated tangible fixed assets	5 945
II. Intangible assets	1 989
1. Intellectual Property Rights	24
2. Software	66
3. Research and development costs	51
4. Other intangible fixed assets	1 848
III. Long-term Financial Assets	6 145
1. Shareholdings, incl:	3 759
2. Investment property	2 365
2. Other long-term securities
4. Long-term receivables, incl.	21
IV. Goodwill
1. Positive Goodwill
2. Negative Goodwill
V. Deferred Expenses	1 396
VI. Deferred tax assets
B. Current Assets	37 971
I. Inventory	24 977
1. Raw materials	15 649
2. Finished products	8 310
3. Goods for sale	71
4. Young and Fattening Livestock
5. Small animals
6. Work in progress	947
7. Other inventory
II. Short-term receivables	9 321
1. Receivables from related parties	328
2. Receivables from customers and suppliers	7 816
3. Trade credits granted
4. Legal and award receivables	262
5. Refundable taxes	161
6. Other short-term receivables	754
III. Short-term Financial Assets
1. In related parties
2. Own debt securities purchased back
3. Short-term securities
4. Precious and jewellery
5. Other short-term financial assets
IV. Cash	3 057
1. Cash in hand	23
2. Cash at banks	1 356
3. Restricted cash	1 678
4. Cash equivalents
V. Deferred expenses	616
C. Contingent Assets	4 017
LIABILITIES	135 976
A. Shareholders' Equity	92 218
I. Fixed capital	4 022
1. Subscribed capital	4 022
2. Unpaid capital
3. Company shares purchased back
II. Reserves	86 453
1. Issue premiums
2. Revaluation reserve	33 006
3. Specific reserves incl:	53 447
III. Financial result	1 743
1. Accumulated Profit (Loss)	240
2. Current Profit	1 503
3. Current Loss
B. Long-term Liabilities	21 862
I. Long-term Liabilities	21 562
1. Amounts payable to related parties
2. Amounts payable to financial institutions	18 726
3. Debts on trade loans
3. Debts on bond loans
4. Deferred taxes
5. Other long-term liabilities	2 836
II. Deferred Income	300
III. Deferred tax liabilities
C. Short-term liabilities	21 896
I. Current liabilities	21 770
1. Payables to related parties	296
2. Payables to financial institutions	5 579
3. Payables to suppliers and customers	8 807
4. Trade credits received
5. Payables to personnel	1 209
6. Social security payables	492
7. Tax liabilities	1 288
8. Other current liabilities	4 099
9. Provisions
II. Deferred Income	126
D. Contingent Liabilities	4 017