Navigation Maritime Bulgare (Navibulgar) JSC - Varna

	12.2000
ASSETS	364 080
A. Unpaid Share Subscriptions
B. Fixed Assets	259 957
I. Tangible assets	259 302
1. Buildings, land, forests and perennials	4 219
2. Machinery and equipment	560
3. Other tangible assets	240 888
4. Acquisition of tangible fixed assets	13 635
II. Intangible assets	46
1. Start up and expansion costs
2. Research and development
3. Software	30
4. Patents, licenses, concessions, know-how, trade marks	2
5. Other intangible assets	14
III. Long-term investment	609
1. Controlling stake	42
2. Majority stake	2
3. Minority stake	565
4. Investment property
5. Others
IV. Long-term receivables
1. Receivables from related companies
2. Receivables on granted trade loans
3. Other long-term receivables
V. Goodwill
C. Current Assets	104 123
I. Stocks	21 287
1. Raw materials	20 177
2. Finished products
3. Goods	1 110
4. Young animals and animals for fattening
5. Work in progress
6. Other current assets
II. Short-term receivables	46 898
1. Receivables from related companies, incl. dividends
2. Receivables for sales	22 913
3. Advances made	141
4. Receivables on granted trade loans
5. Legal and award receivables	786
6. Due taxes	4 772
7. Other receivables	18 286
III. Short-term investments
1. In related companies, incl. shares and bonds
2. Other short-term investments
IV. Funds	21 029
1. Cash	194
2. Bank accounts	6 602
3. Frozen funds	14 233
V. Deferred expenditures	14 909
D. Off Balance Sheet Assets	1 630
LIABILITIES	364 080
A. Shareholders' Equity	158 219
I. Capital	10 902
1. Fixed capital	10 902
2. Complementary capital
II. Issue bonuses
III. Revaluation reserves	42 306
IV. Reserves	103 937
1. Legal reserves	1 724
2. Complementary reserves	102 213
V. Result from previous periods	406
1. Undistributed profit	406
2. Uncovered loss
VI. Result from the period under report	668
1. Profit	668
2. Loss
B. Liabilities	162 000
I. Long-term debts	162 000
1. Debts to related companies
2. Debts on received bank loans	162 000
3. Debts on received trade loans
4. Deferred taxes
5. Other long-term payables
II. Deferred Income
1. Negative Goodwill
2. Other deferred income
C. Short-term liabilities	43 790
I. Payables	43 790
1. Payables, connected with participations
2. Payables on received bank loans
3. Payables on received trade loans
4. Payables to deliverers	22 039
5. Advance payables	6 888
6. Payables to the budget	514
7. Payables to the staff	1 826
8. Social security payables	630
9. Other payables	11 893
II. Deferred Income
D. Financing	71
1. For fixed assets	71
2. For current activites
E. Off Balance Sheet Liabilities	1 630