Hydraulic Elements & Systems Ðic (HES) JSC - Yambol

	03.1998
ASSETS	4 976
A. Unpaid Share Subscriptions
B. Fixed Assets	1 478
I. Tangible assets	1 477
1. Buildings, land, forests and perennials	261
2. Machinery and equipment	940
3. Other tangible assets	196
4. Acquisition of tangible fixed assets	80
II. Intangible assets	1
1. Start up and expansion costs
2. Research and development
3. Software	1
4. Patents, licenses, concessions, know-how, trade marks
5. Other intangible assets
III. Long-term investment
1. Controlling stake
2. Majority stake
3. Minority stake
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	3 498
I. Stocks	1 086
1. Raw materials	792
2. Finished products	174
3. Goods	2
4. Young animals and animals for fattening
5. Work in progress	67
6. Other current assets	51
II. Short-term receivables	2 144
1. Receivables from related companies, incl. dividends
2. Receivables for sales	1 298
3. Advances made	180
4. Receivables on granted trade loans
5. Legal and award receivables
6. Due taxes	185
7. Other receivables	480
III. Short-term investments
1. In related companies, incl. shares and bonds
2. Other short-term investments
IV. Funds	267
1. Cash	7
2. Bank accounts	260
3. Frozen funds
V. Deferred expenditures
D. Off Balance Sheet Assets
LIABILITIES	4 976
A. Shareholders' Equity	2 673
I. Capital	287
1. Fixed capital	262
2. Complementary capital	25
II. Issue bonuses
III. Revaluation reserves
IV. Reserves	1 050
1. Legal reserves	8
2. Complementary reserves	1 042
V. Result from previous periods	1 138
1. Undistributed profit	1 138
2. Uncovered loss
VI. Result from the period under report	196
1. Profit	196
2. Loss
B. Liabilities
I. Long-term debts
1. Debts to related companies
2. Debts on received bank loans
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	1 936
I. Payables	1 234
1. Payables, connected with participations
2. Payables on received bank loans
3. Payables on received trade loans
4. Payables to deliverers	487
5. Advance payables
6. Payables to the budget	64
7. Payables to the staff	132
8. Social security payables	60
9. Other payables	492
II. Deferred Income	702
D. Financing	367
1. For fixed assets	325
2. For current activites	42
E. Off Balance Sheet Liabilities