Annual report 2018

29 Železiarne Podbrezová a.s. ANNUAL REPORT 2018 Name of the company Registered office Investment (in EUR '000) Share in share capital Type of ownership interest Consoli- dated MANUFACTURING COMPANIES Transformaciones Metalurgicas, S.A.U. (TRANSMESA) Barcelona, Spain 16 981 100% Direct  TAP Tubos de Acero de Precision, S.L.U. Barcelona, Spain - 100% Indirect  ŽP EKO QELET a.s. Martin, Slovakia 26 925 66.27% Direct  ŽIAROMAT a.s. Kalinovo, Slovakia 4 844 100% Direct  KBZ s.r.o. Košice, Slovakia 3 649 70% Direct  TRADE & DISTRIBUTION COMPANIES ŽP Trade Bohemia, a.s. Prague, Czech Republic 1 780 100% Direct  ZANINONI SLOVAKIA, s.r.o. Valaská, Slovakia 772 90% Direct  SLOVRUR Sp. z o. o. Stalowa Wola, Poland 712 90% Direct  PIPEX ITALIA S.p.A. Arona, Italy 320 85% Direct  Pipex Deutschland GmbH Munich, Germany 131 88.50% Direct & Indirect  Transmesa USA, Inc. Englewood Cliffs, NJ, U.S.A. - 100% Indirect  SERVICES Tále, a.s. Horná Lehota, Slovakia 16 394 94.66% Direct  ŽP Informatika s.r.o. Podbrezová, Slovakia 1 034 100% Direct  ŽP – Gastroservis, s.r.o. Valaská, Slovakia 1 000 100% Direct  FK Železiarne Podbrezová a.s. Podbrezová, Slovakia 578 100% Direct  ŠK Železiarne Podbrezová a.s. Podbrezová, Slovakia 330 99.50% Direct  ŽP Bezpečnostné služby s.r.o. Podbrezová, Slovakia 200 100% Direct  ŽP Rehabilitácia s.r.o. Podbrezová, Slovakia 150 100% Direct  ŽP Výskumno-vývojové centrum s.r.o. (ŽP VVC s.r.o.) Podbrezová, Slovakia 33 100% Direct  OTHER OWNERSHIP INTERESTS Nadácia Železiarne Podbrezová Podbrezová, Slovakia 7 100% Direct  STABILITA, d.d.s., a.s. Košice, Slovakia 94 5.17% Direct  Ocelářská unie a.s. Prague, Czech Republic (11) 2.33% Direct  Financial Investments and other ownership interests as at 31 Dec 2018 Net book value of the investment in line with IFRS. The amount of the contribution and the reported financial results of the companies in a foreign currency presented in the report are converted using the exchange rate of the European Central Bank as at 31 Dec 2018. In June 2018, the Company purchased a 10% share in Pipex Deutschland GmbH and now holds an 80% direct share. REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS, AND FINANCIAL PERFORMANCE IN 2018 AND INFORMATIONON THE BUSINESS PLAN