Annual report 2012

ŽELEZIARNE PODBREZOVÁ A.S. ANNUAL REPORT 201 2 36 Dear Shareholders, Under the separate financial statements prepared in linewith IFRS, the Company's 2012 results of operations represent a profit in the amount of EUR 7 022 286, i.e. EUR 2.95 per share. The Board of Directors proposes that the General Meeting approve the payment of dividends to theCompany's shareholders in the amount of EUR2per share; however, fromretained earnings fromthe previous years 2004 to2010. We appreciate your confidence and the trust youhaveexpressed inŽeleziarnePodbrezová a.s. todate. INFORMATION FOR SHAREHOLDERS Seamless cold-drawn tubes cut to exact lengths