Balance Sheet

Description	Notes	2005	2004
Fixed Assets		NIS	NIS
Land, Buildings & Equipment	7	17,577,273	18,099,362
Other Assets		-	144,999
		17,577,273	18,244,361
Current Assets
Debtors	8	7,530,976	8,089,378
Stocks	9	39,614,598	24,934,647
Investments	10	51,469,967	49,593,152
Advance Payments		187,082	5,520
		98,802,623	82,622,697
Total Assets		116,379,896	100,867,058
Current Liabilities
Cash & Bank Balances		9,748,727	1,873,813
Creditors	11	39,138,414	33,770,781
Income Tax Liability	12	2,680,377	1,286,619
Unpaid Dividend		3,319,547	2,706,296
Employees and Compensation		1,910,555	1,897,467
Accruals	13	1,649,113	1,398,919
Total Liabilities		58,446,733	42,933,895
Net Assets		57,933,163	57,933,163
Capital & Reserves
Share Capital		29,970,751	29,970,751
Dividend		-	7,000,000
Retained Profit		7,000,000	-
Reserves - Mandatory	14	9,658,170	9,658,170
Reserves - Voluntary	15	11,304,242	11,304,242
Total Capital & Reserves		57,933,163	69,223,682
Total Liabilities & Capital/Reserves		116,379,896	100,867,058