Bulgarian Airways Group SPJSC - Sofia

	12.2004
EXPENSES	13 946
A. Total operating expenses	191
I. Operational expenses	1
1. Material expenses
2. Hired services	1
3. Depreciation
4. Salaries, wages and other remuneration
5. Social security and welfare
6. Other expenditure, incl.
- impairment of assets
- provisions
II. Adjusting items
1. Book value of the sold assets (excl. finished production)
2. Cost of self-constructed or liquidated fixed assets
3. Change of stocks, unfinished production and prepayments
4. Animals fattening
5. Other adjusting items
III. Financial expenses	190
1. Interest expenses	190
incl. interests to related parties
2. Losses from operations with financial assets and instruments
3. Foreign exchange rate losses
4. Other financial expenses
C. Operating income	13 755
IV. Extraordinary expenses
D. Total expenses	191
E. Profit before tax	13 755
V. Tax expenses
1. Profit tax
2. Deferred corporate profit tax
3. Other taxes
E. Net income (Profit)	13 755
INCOME	13 946
A. Total operating income	13 946
I. Net sales revenue
1. Finished Products
2. Goods for resale
3. Materials
4. Services
- incl. intermediation
5. Fixed assets, rentals
6. Others
II. Subsidies
incl . State budget grants
III. Financial income	13 946
1. Interest income	3
incl. interests from related parties
2. Income from participations	13 913
incl. dividends from related parties
3. Gains from trading with financial instruments
4. Profits from foreign exchange rates
5. Other financial income	30
C. Operating loss
IV. Extraordinary revenues
D. Total Income	13 946
E. Loss before tax
F. Total Loss