Zenith Investment Holding JSC - Sofia

	12.2004
ASSETS	538
A. Fixed Assets	342
I. Tangible assets	5
1. Land
2. Buildings
3. Machinery	2
4. Equipment
5. Vehicles
6. Herds
7. Others	3
8. Cost of self-constructed or liquidated tangible fixed assets
II. Intangible assets
1. Intellectual Property Rights
2. Software
3. Research and development costs
4. Other intangible fixed assets
III. Long-term Financial Assets	333
1. Shareholdings, incl:	331
2. Investment property
2. Other long-term securities	2
4. Long-term receivables, incl.
IV. Goodwill
1. Positive Goodwill
2. Negative Goodwill
V. Deferred Expenses
VI. Deferred tax assets	4
B. Current Assets	196
I. Inventory
1. Raw materials
2. Finished products
3. Goods for sale
4. Young and Fattening Livestock
5. Small animals
6. Work in progress
7. Other inventory
II. Short-term receivables	1
1. Receivables from related parties
2. Receivables from customers and suppliers
3. Trade credits granted
4. Legal and award receivables
5. Refundable taxes	1
6. Other short-term receivables
III. Short-term Financial Assets	141
1. In related parties
2. Own debt securities purchased back
3. Short-term securities
4. Precious and jewellery
5. Other short-term financial assets	141
IV. Cash	54
1. Cash in hand	21
2. Cash at banks	33
3. Restricted cash
4. Cash equivalents
V. Deferred expenses
C. Contingent Assets
LIABILITIES	538
A. Shareholders' Equity	534
I. Fixed capital	248
1. Subscribed capital	248
2. Unpaid capital
3. Company shares purchased back
II. Reserves	306
1. Issue premiums	12
2. Revaluation reserve	202
3. Specific reserves incl:	92
III. Financial result	-20
1. Accumulated Profit (Loss)	-29
2. Current Profit	9
3. Current Loss
B. Long-term Liabilities	3
I. Long-term Liabilities	3
1. Amounts payable to related parties
2. Amounts payable to financial institutions
3. Debts on trade loans
3. Debts on bond loans
4. Deferred taxes
5. Other long-term liabilities	3
II. Deferred Income
III. Deferred tax liabilities
C. Short-term liabilities	1
I. Current liabilities	1
1. Payables to related parties
2. Payables to financial institutions
3. Payables to suppliers and customers
4. Trade credits received
5. Payables to personnel
6. Social security payables
7. Tax liabilities
8. Other current liabilities	1
9. Provisions
II. Deferred Income
D. Contingent Liabilities