FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

Corporate Name: PROUDREED France
DEFERRED REVENUES AND PREPAID EXPENSES
Deferred Revenues 31 December 2004 31 December 2003
Operating Income 58.857 69,155
Financial Income 1,022
Extraordinary Income
Total 59,879 69,155
Prepaid Expenses 12/31/2004 12/31/2003
Operating Expenses 275,262 167,840
Financial Expenses
Extraordinary Expenses
Total 275,262 167,840
EXPENSES AMORTISED OVER SEVERAL YEARS
Deferred Charges
Net amount
Amortisation
left over
Deferred Charges 1,134,512 1 to 4 years
Fixed assets acquisition costs
Charges for loans issued
Allocated charges
Total 1,134,512
LEGAL CAPITAL
Number of shares
Shares in
Capital
Nominal
Value
Beginning of
the tax year
Created during the
tax year
Reimbursed during
the tax year
End of the
tax year
Sares 16 512 512
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