BTW-NR. 429.593.895

EUROPOWER GENERATORS ULYSES

1. BALANCE AFTER PROFIT- SHARING

Assets

CODES

FINANCIAL
YEAR

FORMER FINANCIAL
YEAR

Permanent assets

20/28

4 571 245

5 144 029

I. Preliminary flotation

20

II. Immaterial permanent assets

21

III. Material permanent assets

22/27

4 388 245

5 144 029

A. Factory grounds and buildings

22

3 348 616

4 455 461

B. Installations, machinery and equipment

23

264 528

301 149

C. Furniture and rolling stock

24

405 955

387 419

D. Leasing and similar rights

25

369 146

.

E. Other material permanent assets

26

F. Assets under construction and advance payment

27

IV. Financial permanent assets

28

183 000

Current floating assets

29/58

46 372 145

28 297 423

V. Claims in more than one year

29

A. Mercantile claims

290

B. Other claims

291

VI. Stocks and orders in progress

3

7 421 333

8 858 182

A. Mercantile claims

30/36

7 421 333

8 858 182

B. Orders dealt with

37

VII. Claims in at most one year

40/41

24 278 351

12 147 779

A. Mercantile claims

40

20 895 567

10 974 528

B. Other claims

41

3 382 784

1 173 251

VIII. Money investments

50/53

8 059 483

 1 337 500

IX. Liquid assets

54/58

 6 603 854

 5 912 728

X. Flowing accounts

490/1

9 124

41 234

TOTAL ASSETS

20/58

50 943 390

33 441 452

Liabilities

Own estate

10/15

18 508 012

12 004 452

I. Capital

10

750 000

750 000

A. Issued capital

100

750 000

750 000

B. Not requested capital

101

II. Issue premium

11

III. Revaluation margins

12

IV. Reserves

13

75 000

A. Legal reserve

130

75 000

B. Unavailable reserves

131

1. For own shares

1310

2. Others

1311

C. Tax-free reserves

132

D. Available reserves

133

V. Transferred profits

140

17 470 937

10 914 358

Transferred loss

141

VI. Capital subsidies

15

Facilities and postponed taxes

16

VII. A. Provisions concerning risks and costs

160/5

2 712 568

B. Postponed taxes

168

Debts

17/49

29 636 901

21 329 614

VIII. Debts in more than one year

17

2 346 157

3 384 111

A. Financial debts

170/4

2 346 157

3 384 111

1. Lending banks, leasing debts and similar debts

172/3

2 346 157

3 384 111

2. Other loans

174/0

.

400 000

B. Trade debts

175

C. Received prepayment on orders

176

D. Other debts

178/9

IX. Debts in at most one year

42/48

27 290 744

17 904 003

A. Debts in more than one year that expire

within the year

42

1 441 709

1 436 012

B. Financial debts

43

 7 500 000

7 188 140

1. Loaning companies

430/8

7 500 000

7 188 140

2. Other loans

439

C. Trade debts

44

 15 966 815

7 443 637

1. Suppliers

440/4

15 966 815

7 443 637

2. Bills of exchange to be payed

441

D. Received prepayments on orders

46

E. Debts concerning taxes, payments and social cost

45

1 418 448

836 214

1.Taxes

450/3

145 145

2. Payments and social cost

454/9

F. Other debts

47/48

863 772

1 000 000

X. Floating accounts

492/3

41 500

TOTAL LIABILITIES

10/49

50 943 390

33 441 452

2. PROFIT-AND-LOSS ACCOUNT

I. Business profits and expenses

Turnover

70

170 652 972

118 699 682

Commercial goods, raw and auxiliar materials; services and various goods

60/61

147 944 850

106 485 254

A.B. Gross margin (positive balance)

70/61

23 055 290

12 884 988

Gross margin (negative balance) (-)

61/70

C. Payments, social cost and pensions (-)

62

( 6 753 565 )

( 5 771 867 )

D. Writings-off and devaluations concerning (-) preliminary flotation and immaterial and material permanent assets

630

( 1 865 819 )

 ( 2 140 199 )

E. Devaluations concerning stocks, orders in progress and trade claims (additions-,withdrawals +)

.631/4

( 32101 )

 ( 37 555 )

F. Facilities for risks and costs (additions-, withdrawals and spendings +)

.635/7

( 2 712 568 )

G. Other running costs (-)

640/8

 ( 125 914 )

 ( 145 009 )

H. Running costs activated as reorganization costs (+)

649

Operating profit (+)

70/64

11 565 323

4 790 358

Operating loss (-)

64/70

II. Financial profits

75

601 766

320 673

Financial costs (-)

65

 ( 960 427 )

( 978 312 )

Profits from ordinary management, before tax-levy (+)

70/65

11 206  662

4 132 719

Loss from ordinary management, before tax-levy (-)

65/70

III. Exceptional profits

76

.

.

Exceptional cost (-)

66

.

( 23 970 )

Profits from financial year before tax-levy (+)

70/66

11 206 662

4 108 749

Loss from financial year before tax-levy (-)

66/70

III. bis. Withdrawal from postponed taxes (+)

780

Transfer to postponed taxes (-)

680

IV. Taxes on the result (-) (+)

67/77

 ( 4 671 560 )

 ( 1 615 221 )

Profits from financial year (+)

70/67

6 556 579

2 520 374

Loss from financial year (-)

67/70

V. Withdrawal from tax-free reserves (+)

789

Transfer to tax-free reserves (-)

689

Profits from financial year ready for destination (+)

(70/68)

6 556 579

2 520 374

Loss from financial year ready to be processed (-)

(68/70)

PROCESSING OF RESULTS

A. Profit balance ready for destination

70/69

17 470 937

10 914 358

Loss balance ready to be processed (-)

69/70

1. Profits from financial year ready for destination

70/68

6 556 579

2 520 374

Loss from financial year ready to be processed (-)

68/70

2. Transferred profits from former financial year

790

10 914 358

8 393 984

Transferred loss from former financial year (-)

690

B. Withdrawal from own estate

791/2

C. Ads made to own estate (-)

691/2

.

1. To the capital and issue premiums

691

2. To the legal reserve

6920

.

3. To other reserves

6921

D.1. Transferable profits (-)

693

 ( 17 470 937 )

 ( 10 914 358 )

2. Transferable loss

793

E. Intervention of the partners (or owner) in the loss

.77794

F. Profits to be distributed (-)

694/6

1. Remuneration of the capital

694

2. Administrators or business managers

695

3. Other authorized people

696