Annual Report 2005

Revenues Changes in inventories of finished goods and work in progress Own work capitalized Raw material and consumables used Services Personnel expenses Depreciation and amortization Other operating revenues/(expenses), net Operating profit Interest income Interest expense Income from associates Other financial income, net Profit before tax Income tax expense Profit for the year Profit attributable to: Equity holders of ŽP Minority interest Total Earnings per share (in SKK) * The accompanying notes are an integral part of the consolidated financial statements. Year ended 31 December 2005 Year ended 31 December 2004 Note 5 3b 22 23 24 17 13 508 134 175 686 383 147 (7 978 645) (1 169 088) (2 967 470) (325 578) 56 455 1 682 641 9 755 (108 533) 10 101 75 985 (12 692) 1 669 949 (380 408) 1 289 541 1 169 590 119 951 1 289 541 490.57 11 411 375 318 961 1 280 397 (8 086 549) (953 175) (2 618 207) (620 594) (238 789) 493 419 3 771 (129 511) 453 138 567 13 280 506 699 (185 030) 321 669 363 801 (42 132) 321 669 152.59 Consolidated financial statements Annual Report 2005 Železiarne Podbrezová CONSOLIDATED STATEMENTS OF PROFIT AND LOSS For the year ended 31 December 2005 and 31 December 2004 (in thousand SKK) 46

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