Annual report 2017

2017 ANNUAL REPORT Železiarne Podbrezová a.s. 24 31 December 2017 31 December 2016 ASSETS NON-CURRENT ASSETS Property, plant and equipment 101 452 104 193 Intangible assets 8 42 Investments in subsidiaries and joint ventures 75 799 75 043 Available-for-sale investments 125 119 Other assets 521 106 Total non-current assets 177 905 179 503 CURRENT ASSETS Inventories 42 760 37 661 Trade receivables and other financial assets 46 645 37 352 Other assets 301 78 Cash and cash equivalents 1 418 3 725 Total current assets 91 124 78 816 TOTAL ASSETS 269 029 258 319 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 81 061 81 061 Legal and other funds 16 212 16 212 Retained earnings 102 275 100 611 Total equity 199 548 197 884 LIABILITIES NON-CURRENT LIABILITIES Interest-bearing loans and borrowings 19 570 19 570 Other liabilities 2 363 2 738 Provision for employee benefits 6 630 5 815 Deferred tax liability 6 964 6 166 Total non-current liabilities 35 527 34 289 CURRENT LIABILITIES Interest-bearing loans and borrowings 10 282 - Trade and other payables 23 460 18 960 Current tax liability 212 7 186 Total current liabilities 33 954 26 146 Total liabilities 69 481 60 435 TOTAL EQUITY AND LIABILITIES 269 029 258 319 Information from the Separate Statement of Financial Position under IFRS as at 31 December 2017 (in EUR ‘000) REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS, AND FINANCIAL PERFORMANCE IN 2017 AND INFORMATION ON THE BUSINESS PLAN