Annual report 2019

26 Železiarne Podbrezová a.s.: ANNUAL REPORT 2019 Year ended 31 Dec 2019 Year ended 31 Dec 2018 Sales of own products and merchandise 245 285 285 005 Sales of services 5 773 5 927 Changes in inventories of finished products and work in progress 2 231 4 132 Own work capitalised 6 734 7 202 0 Raw materials and consumables used (154 853) (184 770) Services (22 659) (23 157) Personnel expenses (73 281) (71 365) Depreciation and amortisation (7 962) (8 289) Other operating revenues 4 647 2 154 Other operating expenses (3 177) (2 676) Interest income 319 100 Interest expense (517) (509) Other financial income 5 038 3 378 Other financial expenses (453) (672) Profit/(loss) before tax 7 126 16 460 Income tax expense 113 (3 154) PROFIT/(LOSS) FOR THE YEAR 7 239 13 306 Other comprehensive income and losses after tax - - Total profit/(loss) for the year 7 239 13 306 Information from the Separate Statement of Comprehensive Income under IFRS for the year ended 31 December 2019 (in EUR ’000) REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS AND FINANCIAL PERFORMANCE IN 2019 AND INFORMATION ON THE BUSINESS PLAN