Annual report 2016

ANNUAL REPORT 2016 • Železiarne Podbrezová a.s. 3 3 Separate Statement of Financial Position As at 31 December 2016 (in euros) Note 31 December 2016 31 December 2015 ASSETS NON-CURRENT ASSETS Property, plant and equipment 5 104 193 085 106 089 082 Intangible assets 6 41 901 92 829 Investments in subsidiaries, joint - ventures and associates 7 75 043 484 95 477 669 Available - for - sale investments 118 985 119 079 Other assets 8 105 572 196 510 Total non-current assets 179 503 027 201 975 169 CURRENT ASSETS Inventories 9 37 661 335 37 659 328 Trade receivables and other financial assets 10 37 352 347 27 085 691 Other assets 11 77 550 154 388 Cash and cash equivalents 12 3 725 374 3 894 920 Total current assets 78 816 606 68 794 327 TOTAL ASSETS 258 319 633 270 769 496 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 16 212 118 16 212 118 Retained earnings 100 611 048 92 985 695 Total equity 197 883 756 190 258 403 LIABILITIES NON-CURRENT LIABILITIES Interest - bearing loans and borrowings 14 19 570 000 39 152 950 Other liabilities 15 2 737 945 3 034 536 Provision for employee benefits 16 5 815 386 5 464 547 Deferred tax liability 17 6 166 324 5 605 699 Total non-current liabilities 34 289 655 53 257 732 CURRENT LIABILITIES Interest - bearing loans and borrowings 14 - 10 339 804 Trade and other payables 18 18 960 074 16 910 677 Current tax liability 7 186 148 2 880 Total current liabilities 26 146 222 27 253 361 Total liabilities 60 435 877 80 511 093 TOTAL EQUITY AND LIABILITIES 258 319 633 270 769 496 SEPARATE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2016 (IN EUROS)