National Electricity Company SPJSC - Sofia

	12.1999
ASSETS	3 199 782
A. Unpaid Share Subscriptions
B. Fixed Assets	2 358 529
I. Tangible assets	2 345 419
1. Buildings, land, forests and perennials	441 389
2. Machinery and equipment	1 048 832
3. Other tangible assets	22 815
4. Acquisition of tangible fixed assets	832 383
II. Intangible assets	9 933
1. Start up and expansion costs
2. Research and development	1 517
3. Software	2 143
4. Patents, licenses, concessions, know-how, trade marks	95
5. Other intangible assets	6 178
III. Long-term investment	3 177
1. Controlling stake	68
2. Majority stake	1 937
3. Minority stake	445
4. Investment property
5. Others	727
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	841 253
I. Stocks	389 577
1. Raw materials	307 395
2. Finished products	119
3. Goods	427
4. Young animals and animals for fattening	13
5. Work in progress	81 508
6. Other current assets	115
II. Short-term receivables	410 420
1. Receivables from related companies, incl. dividends
2. Receivables for sales	288 057
3. Advances made	59 415
4. Receivables on granted trade loans
5. Legal and award receivables	24 091
6. Due taxes	18 286
7. Other receivables	20 571
III. Short-term investments	1 748
1. In related companies, incl. shares and bonds
2. Other short-term investments	1 748
IV. Funds	29 026
1. Cash	589
2. Bank accounts	27 574
3. Frozen funds	863
V. Deferred expenditures	10 482
D. Off Balance Sheet Assets	37 289
LIABILITIES	3 199 782
A. Shareholders' Equity	2 542 640
I. Capital	123 087
1. Fixed capital	123 087
2. Complementary capital
II. Issue bonuses
III. Revaluation reserves	560 429
IV. Reserves	1 781 283
1. Legal reserves	31 810
2. Complementary reserves	1 749 473
V. Result from previous periods	584
1. Undistributed profit	584
2. Uncovered loss
VI. Result from the period under report	77 257
1. Profit	77 257
2. Loss
B. Liabilities	174 947
I. Long-term debts	174 947
1. Debts to related companies
2. Debts on received bank loans	174 947
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	368 435
I. Payables	368 405
1. Payables, connected with participations
2. Payables on received bank loans	59 426
3. Payables on received trade loans
4. Payables to deliverers	120 708
5. Advance payables	223
6. Payables to the budget	35 421
7. Payables to the staff	13 122
8. Social security payables	9 811
9. Other payables	129 694
II. Deferred Income	30
D. Financing	113 760
1. For fixed assets	112 047
2. For current activites	1 713
E. Off Balance Sheet Liabilities	37 289