Annual report 2014

Železiarne Podbrezová a.s. Annual report 2014 25 7atisJaGtion oJ 0iabilities -n tLe 'oQpan]ŭs ƤnanGial position [as balanGed and stable. 8Le 'oQpan] JulƤlled its obliKations to ƤnanGial insti - tutions state and publiG autLorities as [ell as to all suppliers in a due and tiQel] Qanner and in tLe aKreed aQounts. )\penses 6evenues and 6esults oJ 3perations -n tLe 'oQpan] reported a net proƤt oJ )96 [LiGL [as tLe diJJerenGe bet[een total revenues in tLe aQount oJ )96 and total e\penses in tLe aQount oJ )96 . 3peratinK revenues aGGounted Jor . oJ tLe 'oQpan]ŭs total revenues. *inanGial revenues in tLe aQount oJ )96 tLousand represented . oJ total revenues and Qainl] GoQprised reGeived dividends JroQ subsidiaries and JoreiKn e\GLanKe Kains. 8Le struGture oJ e\penses [as siQilar to previous ]ears. 8Lere [as onl] a deGrease in tLe sLare oJ e\penses Jor ra[ Qaterials b] perGentaKe points GoQpared to tLe previous ]ear. 8Le return on total e\penses and total revenues [as . and . respeGtivel]. 51% 7truGture oJ )\penses in 'onsuQed ra[ Qaterials 22% Personnel e\penses 'onsuQed enerK] 7erviGes Other e\penses Depre- Giation GLarKes *inanGial e\penses 7% 3% 3% 1% 13%