This aircraft was often interpreted as having red wing outer panels, silver engine cowling, red spinner and black number, but all this is wrong; for more arguments on this, see 
how red were the red wings of red 02?
The wings, of early type, are a replacement from another aircraft.

• late type, but without slats;
• the radio mast and wires are visible, but the radio boxes are not visible;
• the aircraft fuselage is painted uniform white, with engine cowling painted with a slightly darker shade of white;
• the outer panel of the wing looks painted with gloss AII green;
• the undersurfaces are light blue, with a sharp division line;
• the 02 number is red; 
• the fuselage star looks to have a thin black border; the tail star, without black fillet, is painted in non-perfectly geometric way;
• the tail wheel is locked in open position and covered by a dark fabric cover;
• the spinner is black; the propeller blades are aluminium, with the rear part partially painted black, as standard;
• there is the gear reduction rate written on the right side of the nose, probably in red;
• the pitot probe looks white and aluminium;
• there are rockets rails under the wings.