ANNUAL REPORT 2020

Železiarne Podbrezová a.s. ANNUAL REPORT 2020 3 3 Separate 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 5 116 690 955 111 518 954 Intangible assets 6 84 430 4 680 Investments in subsidiaries, joint - ventures and associates 7 78 931 577 77 865 833 Available - for - sale investments 94 387 94 387 Other assets 8 276 426 232 486 Total non-current assets 196 077 775 189 716 340 CURRENT ASSETS Inventories 9 53 452 625 54 851 345 Trade receivables and other financial assets 10 40 438 610 33 055 436 12 000 864 671 Other assets 11 568 623 1 188 216 Cash and cash equivalents 12 479 260 966 275 Total current assets 94 951 118 90 925 943 TOTAL ASSETS 291 028 893 280 642 283 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 16 212 118 16 212 118 Retained earnings 108 366 257 113 760 903 Total equity 205 638 965 211 033 611 LIABILITIES NON-CURRENT LIABILITIES Interest - bearing loans and borrowings 14 27 370 000 27 370 000 Other liabilities 15 2 177 357 1 910 273 Provision for employee benefits 16 7 403 664 7 905 811 Deferred tax liability 17 5 670 487 7 102 977 Total non-current liabilities 42 621 508 44 289 061 CURRENT LIABILITIES Interest - bearing loans and borrowings 14 20 552 374 4 859 905 Trade and other payables 18 22 216 046 20 459 706 Current tax liability - - Total current liabilities 42 768 420 25 319 611 Total liabilities 85 389 928 69 608 672 TOTAL EQUITY AND LIABILITIES 291 028 893 280 642 283 SEPARATE STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 (IN EUROS)