ANNUAL REPORT 2020

Železiarne Podbrezová a.s. ANNUAL REPORT 2020 24 31 December 2020 31 December 2019 ASSETS NON-CURRENT ASSETS Property, plant and equipment 116 691 111 519 Intangible assets 84 5 Investments in subsidiaries and joint ventures 78 932 77 866 Available-for-sale investments 94 94 Other assets 277 232 Total non-current assets 196 078 189 716 CURRENT ASSETS Inventories 53 453 54 851 Trade receivables and other financial assets 40 439 33 056 Current tax asset 12 865 Other assets 568 1 188 Cash and cash equivalents 479 966 Total current assets 94 951 90 926 TOTAL ASSETS 291 029 280 642 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 81 061 81 061 Legal and other funds 16 212 16 212 Retained earnings 108 366 113 761 Total equity 205 639 211 034 LIABILITIES NON-CURRENT LIABILITIES Interest-bearing loans and borrowings 27 370 27 370 Other liabilities 2 178 1 910 Provision for employee benefits 7 404 7 906 Deferred tax liability 5 670 7 103 Total non-current liabilities 42 622 44 289 CURRENT LIABILITIES Interest-bearing loans and borrowings 20 552 4 860 Trade and other payables 22 216 20 460 Current tax liability - - Total current liabilities 42 768 25 320 Total liabilities 85 390 69 609 TOTAL EQUITY AND LIABILITIES 291 029 280 642 Information from the separate statement of financial position under IFRS as at 31 December 2020 (in EUR '000) REPORT BY THE BOARD OF DIRECTORS ON BUSINESS ACTIVITIES, ASSETS AND FINANCIAL PERFORMANCE IN 2020 AND INFORMATION ON THE BUSINESS PLAN