Annual report 2018

Železiarne Podbrezová a.s. ANNUAL REPORT 2018 26 Year ended 31 Dec 2018 Year ended 31 Dec 2017 Sales of own products and goods 285 005 233 044 Sales of services 5 927 5 569 Changes in inventories of finished products and work in progress 4 132 3 963 Own work capitalised 7 202 5 815 0 0 Raw materials and consumables used (184 770) (154 681) Services (23 157) (20 310) Personnel expenses (71 365) (63 631) Depreciation and amortisation (8 289) (8 251) Other operating revenues 2 154 3 770 Other operating expenses (2 676) (2 318) Interest income 100 306 Interest expense (509) (437) Other financial income 3 378 2 700 Other financial expenses (672) (468) Profit/(loss) before tax 16 460 5 071 Income tax expense (3 154) (1 022) PROFIT/(LOSS) FOR THE YEAR 13 306 4 048 Other comprehensive income and losses after tax - - Total profit/(loss) for the year 13 306 4 048 Information from the Separate Statement of Comprehensive Income under IFRS for the year ended 31 December (in EUR '000) REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS, AND FINANCIAL PERFORMANCE IN 2018 AND INFORMATIONON THE BUSINESS PLAN

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