Annual report 2017

2017 ANNUAL REPORT Železiarne Podbrezová a.s. 18 The Company ensures a safe working environment by providing appropriate protective equipment in line with the approved regulation and it constantly communicates with employee representatives and employees to improve thework environment. The Company continuously raises awareness of occupational health and safety, cooperates and regularly communicates with employee representatives responsible for work safety monitoring focused on injury prevention and avoidance. A total of 77 employee representatives from various units continuously monitor the situation and send monthly reports – a total of 750 were received in 2017. In 2017, there were 49 registered occupational injuries at the Company, an increase of 21 compared to the previous year. A significant increase in the number of injuries was caused by a higher turnover of employees, in particular by recruiting several hundred new employees who took time to integrate and represent a greater risk during this period than long- term employees. By contrast, the average treatment time decreased from 77 calendar days in 2016 to 65 days in 2017. Changes in personnel expenses (in EUR ‘000) (1) Other expenses primarily comprise health centre and employee recuperation expenses. 2013 2014 2015 2016 2017 Wages and salaries 37 193 37 369 37 885 36 897 42 831 Mandatory contributions from wages and salaries 12 072 12 412 12 590 12 098 14 763 Training, education 718 704 580 716 681 Protective equipment 383 361 363 399 526 Social fund – drawing 339 357 387 377 470 Other expenses (1) 42 92 197 210 224 Total 50 747 51 295 52 002 50 697 59 495 Expenses per employee 16 16 17 17 19 16 2013 17 2014 16 20 2015 20 2016 2017 17 17 19 19 23 Expenses per employee (EUR ‘000) A B Added value per employee (EUR ‘000) Added value & Expenses per employee REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS, AND FINANCIAL PERFORMANCE IN 2017 AND INFORMATION ON THE BUSINESS PLAN