Annual report 2018

27 Železiarne Podbrezová a.s. ANNUAL REPORT 2018 Information from the Separate Statement of Changes in Equity under IFRS for the year ended 31 December 2018 (in EUR '000) Share capital Legal reserve fund Retained earnings Total Opening balance as at 1 Jan 2017 81 061 16 212 100 611 197 884 Dividends paid - - (2 384) (2 384) Total comprehensive income for the year - - 4 048 4 048 Closing balance as at 31 Dec 2017 81 061 16 212 102 275 199 548 Dividends paid - - (4 768) (4 768) Total comprehensive income for the year - - 13 306 13 306 Closing balance as at 31 Dec 2018 81 061 16 212 110 813 208 086 The financial information presented in the annual report is consistent with the financial information presented in the separate financial statements. To comply with Slovak legislation, in particular Act No. 431/2002 Coll. on Accounting, Železiarne Podbrezová a.s. prepared its separate financial statements for the period from 1 January 2018 to 31 December 2018 in accordance with International Financial Reporting Standards (IFRS) as adopted by the EU. SIGNIFICANT EVENTS THAT OCCURRED AFTER THE REPORTING PERIOD From 31 December 2018 up to the preparation date of the financial statements, there were no such events that would have a significant impact on the Company’s assets and liabilities, except for those resulting from the ordinary course of business operations. REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS, AND FINANCIAL PERFORMANCE IN 2018 AND INFORMATIONON THE BUSINESS PLAN