Annual report 2019

48 Železiarne Podbrezová a.s.: ANNUAL REPORT 2019 4 Consolidated Statement of Comprehensive Income For the year ended 31 December 2019 (in euros) Note Year ended 31 Dec 2019 Year ended 31 Dec 2018 Sales of own products and merchandise 19 333 462 421 385 541 921 Sales of services 19 10 573 620 12 036 835 Changes in inventories of finished goods and work in progress 3 451 880 7 624 977 Own work capitalised 20 11 224 645 11 452 725 Consumed material and energy, costs of merchandise sold (190 612 336) (230 814 617) Services (38 006 494) (40 965 109) Personnel expenses 21 (104 697 125) (103 217 599) Depreciation and amortisation (15 612 503) (15 538 764) Other operating income 22 6 221 181 3 675 457 Other operating expenses 22 (4 919 675) (4 675 375) Interest income 384 177 134 119 Interest expense (1 508 414) (1 157 625) Gain/(loss) from financial investments 146 789 4 971 Other financial income 23 862 748 1 262 701 Other financial expenses 23 (825 660) (1 333 136) Profit/(loss) before tax 10 145 254 24 031 481 Income tax expense 24 (1 750 231) (5 799 502) PROFIT/(LOSS) FOR THE YEAR 8 395 023 18 231 979 Profit/(loss) attributable to: - Equity holders of ŽP 8 024 667 17 479 868 - Minority interest 370 356 752 111 Total 8 395 023 18 231 979 Other comprehensive income and losses that may be reclassified subsequently to profit or loss Hedging derivatives - - Foreign currency translation reserve 77 120 (98 047) Deferred tax related to other comprehensive income 9 - - Other comprehensive income/(losses) after tax 77 120 (98 047) Total comprehensive income/(loss) attributable to: - ŽP Shareholders 8 107 977 17 381 821 - Minority shareholders 364 166 752 111 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 (IN EUROS)