Annual report 2019

34 Železiarne Podbrezová a.s.: ANNUAL REPORT 2019 ŽP – Gastroservis, s.r.o. The company produces fresh, refrigerated and frozen meals, and provides comprehensive catering services for the parent company’s employees, several subsidiaries as well as external customers. In 2019, the company supplied 25% of meals outside the parent company. In 2019, the company sold products, services and merchandise totalling EUR 3 163 thousand and reported a profit after tax of EUR 2 thousand at the year-end. The company’s equity as at 31 December 2019 amounted to EUR 1 015 thousand, which is 72%of the asset coverage. FK Železiarne Podbrezová a.s. The company is one of two successor companies of ŽP Šport, a.s., and is a 100% subsidiary of Železiarne Podbrezová a.s. Its main task is to operate the professional first-league football club and all youth teams. In the 2018/2019 season, the A-team finished 12th in the Fortuna Football League, which ended their 6-year presence in the top flight, and they played in the 2nd league in the 2019/2020 season. The youth teams retained the status of Football Academy. In 2019, the company generated revenues from the sale of merchandise and services totalling EUR 2 298 thousand and reported a loss of EUR 45 thousand. The company’s equity as at 31December 2019amounted toEUR479 thousand, which is approx. 54% of the asset coverage. ŠK Železiarne Podbrezová a.s. The company is the second successor company of ŽP Šport, a.s. The minority shareholders include the municipality of Podbrezová and the civic association, Telovýchovná jednota ŽP Šport Podbrezová. The company operates a professional bowling club and youth cross- country skiing, cycling and downhill skiing teams. The bowling team has achieved notable successes in club competitions. In 2019, the men’s team participated in the Final Four tournament, placing 2nd in the club competition for the fourth time and only losing to the home team, KK Zaprešič. The Podbrezová men’s team also qualified for the World Cup in Ludwigshafen, Germany, where they placed fourth. In 2019, the company generated revenues totalling EUR 529 thousand and reported a profit of EUR 5 thousand. The company’s equity as at 31December 2019amounted toEUR334 thousand, which is 83% of the asset coverage. ŽP Informatika s.r.o. ŽP Informatika s.r.o. provides comprehensive outsourcing services to Železiarne Podbrezová a.s. in information technology and information systems. The company provides comprehensive services to all ŽP GROUP companies and its services are also provided to external entities. In 2019, the company generated revenues from the sale of merchandise and own outputs totalling EUR 4 580 thousand and reported a profit after tax of EUR 50 thousand. The company’s equity as at 31 December 2019 amounted to EUR 2 297 thousand, which is 78% of the asset coverage. REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS AND FINANCIAL PERFORMANCE IN 2019 AND INFORMATION ON THE BUSINESS PLAN