Annual Report 2003

Consolidated Income Statement as of December 31, 2003 (in thous. SKK) ANNUAL REPORT Ž E L E Z I A R N E P O D B R E Z O V Á 2 0 0 3 43 Designation Text Current accounting period Preceding accounting period M. Loss on revaluation of securities and expenses related to derivative transactions 0 0 XII. Interest income 6 312 14 390 N. Interest expense 110 885 132 210 XIII. Exchange rate gains 123 482 121 554 O. Exchange rate losses 158 679 131 556 XIV. Other income from financial activities 32 454 41 869 P. Other expenses related to financial activities 58 955 87 074 XV. Use and reversal of provisions against income from financial activities 29 846 12 216 Q. Creation of provisions for financial activities 488 29 846 XVI. Use and reversal of value adjustments against income from financial activities 687 16 600 R. Creation of value adjustments against expenses related to financial activities 502 16 919 XVII. Transfer of financial income 0 0 S. Transfer of financial expenses 0 0 * Profit/loss from financial activities -155 782 -190 873 T. Income tax on ordinary activities 43 280 63 350 T.1. - current 58 107 67 585 2. - deferred -14 827 -4 235 ** Profit/loss from ordinary activities 202 187 97 174 XVIII. Extraordinary income 0 0 U. Extraordinary expenses 0 0 V. Income tax on extraordinary activities 0 0 V.1. - current 0 0 2. - deferred 0 0 * Profit/loss from extraordinary activities 0 0 Z. Transfer of net profit/net loss shares to partners 0 0 *** Profit/loss for the accounting period 202 187 97 174 thereof: net profit (loss) per minority interest -44 712 -6 930 Control number 43 004 337 34 296 565