Annual_report_2006

Ž E L E Z I A R N E P O D B R E Z O V Á 2 0 0 6 A N N U A L R E P O R T 41 INFORMATION FOR SHAREHOLDERS Proposed Distribution of Profit for 2006 Twelve successful years in the economic life of joint-stock company of Železiarne Podbrezová have significantly stabilized the creation of the Company’s own resources. Equity per share exceeded the nominal value by almost 95%. On 25 June 2007, the Company’s Board of Directors plans to convene a general meeting where the profit distribution for 2006 will be voted on. Dear shareholders. May we hereby invite you to remain with us and to retain your trust and favour in the years to come. Dear shareholders. Results of operations of 2006 846 050 000,00 SKK Proposed distribution: Mandatory allotments to reserve fund (10%) 84 605 000,00 SKK Dividends paid to Shareholders (Dividend of SKK 150 per share) 357 620 250,00 SKK Discretionary bonuses 5 000 000,00 SKK Distribution to retained earnings 398 824 750,00 SKK The proposed dividend of SKK 150 per share results from an extraordinary favourable results of operations in 2006. The amount proposed for the dividend payout to the shareholders represents 42% of the net profit reported in 2006.