Annual report 2017

Železiarne Podbrezová a.s. CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 31 December 2017 (In whole euros) The accompanying notes are an integral part of the consolidated financial statements. This is an English language translation of the original Slovak language document. 3 Note 31 Dec 2017 31 Dec 2016 ASSETS NON-CURRENT ASSETS Property, plant and equipment 6 187 719 067 191 266 050 Intangible assets 7 1 347 623 1 315 172 Goodwill 7 1 768 335 1 768 335 Other financial assets 8 534 078 4 173 094 Deferred tax asset 9 515 413 419 066 Total non-current assets 191 884 516 198 941 717 CURRENT ASSETS Inventories 10 66 498 826 60 171 391 Trade receivables and other financial assets 11 74 940 547 56 964 813 Current tax asset 126 018 469 322 Other assets 660 272 355 029 Cash and cash equivalents 12 9 824 132 11 287 685 Total current assets 152 049 795 129 248 240 TOTAL ASSETS 343 934 311 328 189 957 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 17 319 661 17 130 766 Retained earnings 96 203 975 92 314 872 Equity attributable to equity holders of ŽP 194 584 226 190 506 228 Minority interests 10 324 129 10 638 053 Total equity 204 908 355 201 144 281 LIABILITIES NON-CURRENT LIABILITIES Interest-bearing loans and borrowings 14 30 487 076 29 203 264 Other financial and other non-current liabilities 15 3 974 089 8 104 625 Provisions for employee benefits 16 7 749 808 6 842 650 Provisions for liabilities 17 887 015 890 335 Deferred tax liability 9 10 077 171 9 322 723 Total non-current liabilities 53 175 159 54 363 597 CURRENT LIABILITIES Interest-bearing loans and borrowings 14 48 816 511 33 137 073 Trade and other financial payables 18 35 444 438 31 385 271 Current tax liabilities 774 165 7 296 467 Other liabilities 815 683 863 268 Total current liabilities 85 850 797 72 682 079 Total liabilities 139 025 956 127 045 676 TOTAL EQUITY AND LIABILITIES 343 934 311 328 189 957