ANNUAL REPORT 2020

Železiarne Podbrezová a.s. ANNUAL REPORT 2020 62 18 The ageing structure of overdue receivables that were provided for: 31 Dec 2020 31 Dec 2019 Less than 90 days - - 90 – 180 days - - 180 – 360 days 18 424 1 343 More than 360 days 749 143 1 089 485 Total 767 567 1 090 828 12 CASH AND CASH EQUIVALENTS 31 Dec 2020 31 Dec 2019 Cash on hand 220 709 225 233 Bank balances and deposits 14 219 569 11 465 205 Cash and cash equivalents in the statement of financial position 14 440 278 11 690 438 Cash and cash equivalents in the statement of cash flows 14 440 278 11 690 438 As at 31 December 2020 and 31 December 2019, the Group had no restrictions on the handling of cash and cash equivalents. 13 CAPITAL AND RESERVES Share capital As at 31 December 2020, the share capital comprised 2 384 135 ordinary shares (31 December 2019: 2 384 135 ordinary shares), with a face value of EUR 34 each, fully paid as at 31 December 2020 and 31 December 2019. The share capital was registered with the Commercial Register. Legal reserve fund The legal reserve fund may not be distributed among the shareholders. It is designed to cover future losses from operations and to increase the share capital in accordance with valid regulations. Foreign currency translation reserve The foreign currency translation reserve includes all foreign exchange losses arising from the translation of financial statements of foreign operations that are not an integral part of the Group’s operations in the amount of EUR - 284 thousand (31 December 2019: EUR 59 thousand). 14 INTEREST-BEARING LOANS AND BORROWINGS 31 Dec 2020 31 Dec 2019 Loans 63 050 578 45 453 239 Interest - bearing liability to the parent company and ultimate owners 17 655 226 22 581 554 Overdraft facilities 17 445 511 16 500 322 Obligations under finance leases 7 601 258 7 995 494 Total interest-bearing loans and borrowings 105 752 573 92 530 609 Loans by currency: EUR - Fixed interest rate 33 594 509 34 569 524 EUR - Floating interest rate 62 748 177 48 897 390 USD - Floating interest rate 906 408 385 833 CZK - Floating interest rate 134 627 682 368 PLN - Fixed interest rate 767 594 - Total 98 151 315 84 535 115 Repayments of loans are scheduled as follows: Within one year 57 144 409 49 824 847 More than one year, less than two years 21 027 143 19 773 220 More than two years, less than three years 2 828 556 1 643 254 More than three years, less than four years 2 215 040 848 902 More than four years, less than five years 13 436 885 12 444 892 More than five years 1 499 282 - Total 98 151 315 84 535 115 Current portion Loans and borrowings 57 144 408 49 824 847 Obligations under finance leases 1 555 512 1 531 308 Total 58 699 920 51 356 155 Non-current portion Loans and borrowings 41 006 907 34 710 268 Obligations under finance lease 6 045 746 6 464 186 Total 47 052 653 41 174 454 As at 31 December 2020, bank loans and borrowings of EUR 53 587 thousand and of EUR 44 564 thousand were secured and not secured, respectively. The provided bank loans and borrowings were secured over movable and immovable assets of the Group with a carrying amount of EUR 56 378 thousand (see Note 6), trade receivables with a carrying amount of EUR 8 892thousand (see Note 11). Part of loans is secured by blank promissory notes. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 (IN EUROS)