CHART OF ACCOUNTS

ASSETS

CURRENT ASSETS

10

CASH ASSETS (LIQUID ASSETS)

100 101 102 103 108

CASH ON HAND CHECKS RECEIVED CASH IN BANKS CHECKS GIVEN AND PAYMENT ORDERS OTHER CASH AND CASH EQUIVALENTS

11

MARKETABLESECURITIES

110 111 112 118 119

SHARE CERTIFICATES PRIVATE SECTOR BONDS PUBLIC SECTOR BONDS OTHER MARKETABLE SECURITIES RESERVE ADJUSTING VALUE OF MARKETABLE SECURITIES

12

TRADE RECEIVABLES

120 121 122

CUSTOMERS NOTES RECEIVABLE DISCOUNTS OF NOTES RECEIVABLE (-)

126 127 128 129

DEPOSITS AND GURANTEES GIVEN OTHER TRADE RECEIVABLES DOUBTFUL TRADE RECEIVABLES ALLOWANCES FOR DOUBTFUL CURRENT TRADE RECEIVABLES

13

OTHER RECEIVABLES

131 132 133 135 136 137 138 139

RECEIVABLE FROM SHAREHOLDERS RECEIVABLE FROM PARTICIPATIONS RECEIVABLE FROM SUBSIDIARY COMPANIES RECEIVABLE FROM EMPLOYEES OTHER VARIOUS RECEIVABLES DISCOUNT OF OTHER RECEIVABLE (-) DOUBTFUL OTHER RECEIVABLES ALLOWANCE FOR DOUBTFUL OTHER RECEIVABLES

15

INVENTORlES

150 151 152 153 157 158 159

RAW MATERIALS AND SUPYLIES WORK-IN-PROCESS FINISHED PRODUCTS MERCHANDISE OTHER MATERIALS RESERVE ADJUSTlNG INVENTORIES (-) ADVANCES TO SUPPLIERS FOR GOODS&SERVICES

17

CONSTRACTION AND REPAIR COSTS

170 179

CONSTRACTION AND REPAIR COSTS ADVANCES GiVEN TO SUB-CONTRACTORS

18

PREPAID EXPENSES AND INCOME RECElVABLES

180 181

PREPAID EXPENSES ACCRUED INCOME

19

OTHER CURRENT ASSETS

190 191 192 193 195 196 197 198 199

DEFFERED VAT DEDUCTIBLE VAT OTHER VAT PREPAID TAXES AND FUNDS JOB ADVANCES ADVANCES TO PERSONNEL INVENTORY SHORTAGES OTHER VARIOUS CURRENT ASSETS PROVISIONEN FOR OTHER CURRENT ASSETS

FIXED ASSETS

20

TRADE RECEIVABLES

220 221

CUSTOMERS NOTES RECEIVABLES

222 226 227 229

DISCOUNTS ON NOTES RECEIVABLES (-) DEPOSITS AND GURANTEES GIVEN OTHER TRADE RECEIVABLES PROVISIONEN FOR DOUBTFUL TRADE RECEIVABLES (-)

23

OTHER RECEIVABLES

231 232 233 235 236 237 239

RECEIVABLE FROM SHAREHOLdERS RECEIVABLE FROM PARTICIPATION RECEIVABLE FROM SUBSIDIARY COMPANIES RECEIVABLE FROM PERSONNEL OTHER RECEIVABLES REDISCOUNT ON OTHER NOTES RECEIVABLE (-) PROVISIONEN FOR OTHER DOUBTFUL RECEIVABLES

24

FINANCIAL FIXED ASSETS

240 241

SECURITIES HELD AS LONG-TERM INVESTMENTS RESERVE ADJUSTING THE VALUE OF SECURITIES HELD AS L/T INVESTMENS

242 243 244 245 246 247 248

PARTICIPATIONS COMMITMENTS TO PARTICIPATIONS RESERVE ADJUSTING THE VALUE OF PARTICIPATIONS INVESTMENTS IN SUBSIDIARY COMPANIES COMMITMENTS TO SUBSIDIARY COMPANIES RESERVE ADJUSTING THE VALUE INVESTMENTS OTHER FINANCIAL ASSETS

249

RESERVE ADJUSTINGS THE VALUE OF OTHER FINANCIAL ASSETS

25

TANGIBLE ASSETS

250 251 252 253 254 255 256 257

LAND LAND IMPROVEMENTS BUILDINGS MACHINERY AND EQUIPMENTS MOTOR VEHICLES FURNITURE AND FIXTURES OTHER TANGIBLE FIXED ASSETS ACCUMULATED DEPRECIATION 258 CONSTRUCTIONS IN PROGRESS ADVANCES TO SUPPLIERS OF TANGIBLE FIXED ASSETS

259

26

INTANGlBLE ASSETS

260 261 262 263 264 267 268 269

RIGHTS GOODWILL PRE-OPERATING EXPENSES RESEARCH, DEVELOPMENT EXPENSES LEASEHOLD IMPROVEMENTS OTHER INTANGIBLE FIXED ASSETS ACCUMULATED AMORTIZATION OF INTANGIBLE ADVANCES TO SUPPLIERS

27

EXTRA ORDINARY USEFULL LIFE ASSETS

271 272 277 278 279

RESEARCH EXPENSES PREPERATION AND IMPROVEMENT EXPENSES OTHER ASSETS SUBJECT TO SPECIAL AMORTIZATION ACCUMULATED AMORTIZATION ADVANCES TO SUPPLIERS OF ASSETS SUBJECT TO SPECIAL AMORTIZATION

28 280 281

PREPAID EXPENSES AND INCOME ACCRUALS PREPAID EXPENSES FOR FUTURE PERIODS INCOME ACCRUALS

29

OTHER FIXED ASSETS

291 292 293 294 295 297 298 299

DEDUCTIBLE VAT IN FUTURE PERIODS OTHER VAT INVENTORIES TO BE USED IN LONG-TERM INVENTORIES AND TANGIBLE FIXED ASSETS TO BE SOLD PREPAID TAXES AND DUTIES OTHER VARIOUS NON-CURRENT ASSETS RESERVE ADJUSTING INVENTORIES TO BE SOLD ACCUMULATED DEPRECIATION OF TANGIBLE FIXED ASSETS TO BE SOLD

LIABILITIES

CURRENT LlABILITIES

30

FINANCIAL LIABILITIES (F.BORROWINGS)

300 303 304

BANK LOANS CURRENT PORTION OF LONG-TERM LOANS CURRENT PRINCIPAL, INTEREST AND INSTALMENT PAYABLES ON BONDS COMMERCIAL PAPER OTHER MARKETABLE SECURITIES ISSUED VALUE DIFFERENCE IN ISSUANCE OF MARKETABLE SECURITIES OTHER CURRENT FINANCIAL PAYABLES

305 306 308 309

32

TRADE LIABILITIES

320 321 322 326 329

ACCOUNTS PAYABLE NOTES PAYABLE DISCOUNT OF NOTES PAYABLE (-) GUARANTEE DEPOSITS RECEIVED OTHER CURRENT TRADE PAYABLES

33

OTHER LIABILITIES

331 332 333 335 336 337

OTHER PAYABLES TO SHAREHOLDERS OTHER PAYABLES TO PARTICIPATIONS OTHER PAYABLES TO SUBSIDIARY COMPANIES PAYABLES TO EMPLOYEES OTHER VARIOUS PAYABLES DISCOUNT OF OTHER NOTOS PAYABLE (-)

34

ADVANCES

340 349

ADVANCES FROM CUSTOMERS OTHER ADVANCES RECEIVED

35 350

CONSTRUCTIONAND REPAIR PROGRESS BILLINGS CONSTRUCTION AND REPAIR PROGRESS BILLINGS

36

INCOME TAXES PAYABLE AND OTHER LIABILITIES

360 361 368 369

TAXES PAYABLES SOCIAL SECURITY DUTIES PAYABLE UNPAID, RESCHEDULED TAXES AND DUTIES PAYABLE OTHER DUTIES PAYABLE

37

PROVISIDNS FOR DUE AND EXPENSE

370 371 372 373 379

PROVISIONS FOR TAXATION INCOME AND RELATED PREPAID INCOME TAXES AND RELATED DUTIES RESERVE FOR EMPLOYEE TERMINATION INDEMNITIES RESERVE FOR COSTS OTHER PROVISIONS AND ACCRUED LIABILITIES

38

DEFERRED INCOME AND ACCR UED EXPENSES

380 381

DEFERRED INCOME ACCRUED EXPENSES

39

OTHER SHORT TERM LIABILITIES

391 392 393 397 399

VAT RECEIVED OTHER VAT RECEIVED HEAD OFFICE AND BRANCH CURRENT ACCOUNTS INVENTORY OVERAGES OTHER VARIOUS CURRENT LlABILITIES

LONG-TERM LlABILITlES

40 400 405 407 408 409

FINANCL9L LIABILITIES (F.BORROWINGS) BANK LOANS BONDS ISSUED OTHER MARKETABLE SECURITIES ISSUED VALUE DIFFERENCE IN ISSUANCE OF SECURITIES ISSUED OTHER FINANClAL LIABILITIES

42

TRADE LIABILITIES 420 SUPPLIERS

421 422 426 429

NOTES PAYABLE DISCOUNT OF NOTES PAYABLE (-) DEPOSITS AND GUARANTEESRECEIVED OTHER TRADE PAYABLES

43

OTHER LIABILITIES

431 432

DUE TO SHAREHOLDERS DUE TO PARTICIPATIONS

433 436 437 438

DUE TO SUBSIDIARY COMPANIES OTHER NON-CURRENT VARIOUS PAYABLES REDISCOUNT OF OTHER NOTES PAYABLE (-) "NON-CURRENT UNPAID, RESCHEDULED PAYABLES TO GOVERMENT

44

ADVANCE RECEIVED

440 449

ADVANCES FROM CUSTOMERS OTHER ADVANCES RECEIVED

47

PROIiISIONEN FOR DUE AND EXPENSE

472 479

RESERVE FOR EMPLOYEE TERMINATION INDEMNITIES OTHER PROVISIONS AND ACCRUED LIABILITIES

48

DEFERRED INCOME AND ACCRUED EXPENSES

480 481

DEFERRED INCOME ACCRUED EXPENSES

49

OTHER LONG-TERM LIABILITIES

492 493 499

VAT DEFERRED TO FOLLOWING YEARS INSTALLATION PARTICIPATION OTHER VARIOUS NON-CURRENT LIABILITIES

SHAREHOLDERS' EQUITY (STOCKHOLDERS' EQUITY)

50

PAID - IN CAPITAL

500 501

CAPITAL UNPAID CAPITAL (-)

52

CAPlTAL RESERVE

520 521 522 523 529

SHARES OF STOCKS ISSUANCE PREMIUMS INCOME ON CANCELLED SHARES OF STOCKS REVALUATION SURPLUS OF TANGIBLE FIXED ASSETS REVALUATION SURPLUS OF PARTICIPATIONS OTHER CAPITAL RESERVES

51

PROFIT RESERVE

540 541 542 548 549

LEGAL RESERVE STATUTORY RESERVE EXTRAORDINARY RESERVE OTHER PROFIT RESERVES SPECIAL FUNDS

57

PRIOR YEAR PROFIT

570

RETAINED EARNINGS

58

PRIOR YEAR LOSS (- )

580

ACCUMULATED LOSS

59

PROFIT FOR THE PERIOD (LOSS)

590 591

NET PROFIT FOR THE PERIOD NET LOSS FOR THE PERIOD (-)

60

GROSS SALES

600 601 602

DOMESTIC SALES EXPORT SALES OTHER SALES

61

SALES RETURNSAND ALIOWANCES

610 611 612

SALES RETURNS (-) . SALES DISCOUNTS (-) OTHER DEDUCTIONS (-)

62

COST OF GOOD SOGD

620 621 622 623

COST OF GOODS SOLD (PRODUCT) (-) COST OF GOODS SOLD (MERCHANDISE) (-) COST OF SERVICES RENDERED (-) COST OF SALES (OTHER) (-)

63

OPERATING EXPENSES

630

RESEARCH AND DEVELOPMENT EXPENSES (-)

760 770

MARKETING, SELLING AND DISTRIBUTION EXPENSES (-) GENERAL ADMINISTRATIVE EXPENSES (-)

64

OTHER OPERATING REVENUES (INCOME)

640 641 642 643 644 645 646 647 649

DIVIDENDS RECEIVED-PARTICIPATIONS DIVIDENDS RECEIVES-SUBSIDIARY COMPANIES NTEREST AND OTHER FINANCIAL INCOME COMMISSION INCOME PROVISIONS NO LONGER REQUIRED , PROFIT ON SALE OF MARKETABLE SECURITIES EXCHANGE GAINS INCOME FROM DISCOUNTS OF NOTES PAYABLE OTHER VARIOUS INCOME FROM OPERATIONS

65

OTHER OPERATING EXPENSES ()

653 654 655 656 657 659

COMMISSION EXPENSES (-) PROVISIONS (-) LOSS ON SALE OF MARKETABLE SECURITIES EXCHANGE LOSSES INCOME FROM DISCOUNT OF NOTES RECEIVABLE OTHER EXPENSES (-)

66

FINANCIAL EXPENSES

660 661

FINANCIAL EXPENSES ON CURRENT BORROWINGS FINANCIAL EXPENSES ON NON-CURRENT BORROWINGS

67

EXTRAORDINARY INCOME AND PROFIT

671 679

PRIOR PERIOD REVENUES AND PROFITS (-) OTHER EXTRAORDINARY INCOME

68

EXTRAORDINARY EXPENSES AND LOSS

680 681 689

IDLE CAPACITY EXPENSES (-) PRIOR PERIOD EXPENSES (-) OTHER EXTRAORDINARY EXPENSES (-)

COST ACCONUNT AS REQUlRED BY 7/A OPTION

70

COST CONTROL ACCOUNT

700 701

COSTS CONTROL ACCOUNT COST CHARGE ACCONT

71

DIRECT MATERIAL AND OTHER MATERIAL EXPENSES

710

DIRECT RAW AND OTHER MATERIAL EXPENSES

711 712 713

DIRECT RAW AND OTHER MATERIAL EXPENSES APPLIED DIRECT RAW AND OTHER MATERIAL PRICE VARIANCE DIRECT RAW AND OTHER MATERIAL UNIT VARIANCE

72 720 721 722 723

DIRECT LABOUR EXPENSES DIRECT LABOUR EXPENSES DIRECT LABOUR EXPENSES APPLIED DIRECT LABOUR WAGES VARIANCE DIRECT LABOUR TIME VARIANCE

73

MANUFACTURING OVERHEAD EXPENSES 730 OVERHEAD COSTS

731 732 733 734

OVERHEAD COSTS APPLIED OVERHEAD COSTS BUTGET VARIANCE OVERHEAD COSTS PRODUCTIVIVITY VARIANCE OVERHEAD COSTS CAPACITY VARIANCE

74

COST OF SERVICES RENDERED

740 741 742

COST OF SERVICES RENDERED COST OF SERVICES RENDERED APPLIED COST OF SERVICES RENDERED VARIANCE

75

RESEARCH AND DEVELOPMENT EXPENSES

750 751

RESEARCH AND DEVELOPMENT EXPENSES . RESEARCH AND DEVELOPMENT EXPENSES APPLIED

752

RESEARCH AND DEVELOPMENT EXPENSES VARlANCE

76

MARKETINQ SALES AND DISTRIBUTlON EXPENSES

760 761 762

MARKETING, SALES AND DISTRIBUTION EXPENSES' MARKETING, SALES AND DISTRIBUTION EXPENSES APPLIED MARKETING, SALES AND DISTRlBUTION EXPENSES VARIANCE

77

GENERAL ADMINlSTRATION EXPENSES

770 771 772

GENERAL ADMINISTRATION EXPENSES GENERAL ADMINISTRATION EXPENSES APPLIED GENERAL ADMINISTRATION EXPENSES VARIANCE

78

FlNANCIAL EXPENSES

780 781 782

FINANCIAL EXPENSES FINANCIAL EXPENSES APPLIED FINANCIAL EXPENSES VARIANCE