ANNUAL REPORT 2020

Železiarne Podbrezová a.s. ANNUAL REPORT 2020 47 3 Consolidated Statement of Financial Position As at 31 December 2020 (in euros) Note 31 December 2020 31 December 2019 ASSETS NON-CURRENT ASSETS Property, plant and equipment 6 209 090 157 203 916 444 Intangible assets 7 1 518 753 1 490 978 Goodwill 7 1 768 335 1 768 335 Other financial assets 8 2 619 779 2 542 867 Deferred tax asset 9 450 001 491 291 Total non-current assets 215 447 025 210 209 915 CURRENT ASSETS Inventories 10 78 772 930 83 196 336 Trade receivables and other financial assets 11 65 481 764 61 353 303 Current tax asset 386 267 1 357 319 Other assets 952 297 1 590 172 Cash and cash equivalents 12 14 440 278 11 690 438 Total current assets 160 033 536 159 187 568 TOTAL ASSETS 375 480 561 369 397 483 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 17 161 910 17 505 212 Retained earnings 106 149 428 112 432 907 Equity attributable to equity holders of ŽP 204 371 928 210 998 709 Minority interests 10 557 269 10 659 065 Total equity 214 929 197 221 657 774 LIABILITIES NON-CURRENT LIABILITIES Interest - bearing loans and borrowings 14 47 052 653 41 174 454 Other financial and other non - current liabilities 15 3 244 758 3 199 159 Provisions for employee benefits 16 8 801 482 9 299 077 Provisions for liabilities 17 576 022 884 626 Deferred tax liability 9 8 822 463 10 113 651 Total non-current liabilities 68 497 378 64 670 967 CURRENT LIABILITIES Interest - bearing loans and borrowings 14 58 699 920 51 356 155 Trade and other financial payables 18 32 594 122 31 062 948 Current tax liabilities 165 926 46 874 Other liabilities 594 018 602 765 Total current liabilities 92 053 986 83 068 742 Total liabilities 160 551 364 147 739 709 TOTAL EQUITY AND LIABILITIES 375 480 561 369 397 483 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 (IN EUROS)