Annual report 2012 - Česká rafinérská, as

ČESKÁ RAFINÉRSKÁ, a.s.
NOTES TO FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2012
1. GENERAL INFORMATION
ČESKÁ RAFINÉRSKÁ, a.s. (the “Company”) is a joint-stock company that was
incorporated on 28 April 1995 and has its registered office in Záluží 2, 436 01 Litvínov,
Czech Republic. The identification number of the Company is 62741772. The Company’s
main business activity comprises the refining of crude oil into finished products and
petrochemical feedstock.
The shareholders of the Company as at 31 December 2012 and 2011 were as follows:
UNIPETROL, a.s. 51.220%
Eni International B.V. 32.445%
Shell Overseas Investments B.V. 16.335%
The Company is a part of the consolidated group of Unipetrol. Since 31 May 2005,
Unipetrol has been a part of the consolidated PKN Orlen group.
Since 1 September 2007, the Company has been a part of the consolidated Eni group.
Decision-making processes within the Company are further specified in the Articles of
Association.
Based on the Processing Agreement concluded between the Company and the
subsidiaries of its shareholders (the “Processors”) on 23 January 2003, the Company
started operating as a processing refinery from 1 August 2003. Most of the current
commercial activities of the Company are carried out with the Processors, who became
the Company’s main customers. As of 31 December 2012 and 2011, the Processors were
UNIPETROL RPA, s.r.o., Eni Česká republika, s.r.o. and Shell Czech Republic a.s.
ANNUAL REPORT ČESKÁ RAFINÉRSKÁ, a.s., 2012 34