TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny

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CZK’ 000 2008* 2007 2006Equity 190 553 178 004 156 950Balance sum 242 229 236 513 220 757Revenues 416 498 415 351 424 849Profit/Loss after tax 42 549 47 054 52 922Employees 208 217 215* unaudited resultsVESUVIUS ČESKÁ REPUBLIKA, a.s.Registered office: Třinec, Průmyslová 715ID: 45 19 28 47Subscribed capital: CZK 25,137 thousandShare in registered capital: 40 percentThe companys activity focuses on the production and sale of special isostatically pressed ceramics for continuous steel casting such as plug sticks, screeningtubes and teeming nozzles. The company was founded in compliance with the strategy of the international company Vesuvius, i.e. as close to thecustomer as possible, with ensured flexibility in supplies of refractory material.CZK’ 000 2008* 2007 2006Equity 215 975 220 532 243 678Balance sum 323 658 352 184 364 737Revenues 706 094 800 562 803 281Profit/Loss after tax 108 579 113 136 136 282Employees ??? 160 154* audited resultsSochorová válcovna TŽ, a.s.Registered office: Třinec-Staré Město, Průmyslová 1000ID: 25 87 29 40Subscribed capital: CZK 72,180 thousandShare in registered capital: 18 percentThe goal of the company is to fulfil the long-term goal of the TŽ – MS Group through the building of product chains and achieving a higher grade of finalisingthe TŽ products. The product portfolio of the company consists of long rolled products and semis for a wide range of domestic as well as foreigncustomers. The company focuses on the production of high carbon and alloyed construction steel grades; stainless and tool steel grades are produced toa lesser extent.CZK’ 000 2008* 2007 2006Equity 1 861 954 1 602 467 1 199 648Balance sum 3 027 344 2 601 200 2 247 336Revenues 5 503 926 5 630 944 4 972 631Profit/Loss after tax 259 487 402 819 291 638Employees 722 717 714* unaudited resultsA N N U A L R E P O R T T Ř I N E C K É Ž E L E Z Á R N Y , a . s . 2 0 0 8113
14.Report on Related Party TransactionsTŘINECKÉ ŽELEZÁRNY, a.s., registered at Průmyslová 1000, 739 70 Třinec-Staré Město, corporate ID: 18050646, entered in the Register of Companies,Section B, File No. 146, maintained by the Regional Court in Ostrava (hereinafter the “Company”) together with the entities below (the “related parties”)forms a group in terms of the second sentence of Section 66a (7) of the Commercial Code.The report on relations between the related parties was prepared in compliance with the provisions of Section 66a (9) of the Commercial Code for theyear ended 31 December 2008 (the “accounting period”).I. DEFINITION OF RELATED PARTIESA. Controlling EntitiesMORAVIA STEEL a.s., Registered office: Průmyslová 1000, 73970 Třinec-Staré MěstoCorporate ID: 63474808Relation: The company is the Companys controlling entity acting in concert with FINITRADING a.s., which is another shareholder of the Company.MORAVIA STEEL a.s. is controlled by the entities below acting in concert under Section 66b (1) and Section 66b (2) (b) of the Commercial Code:– FINITRADING, a.s. with its registered office at nám. Svobody 526, Třinec 73961, Corporate ID: 61974692– R.F.G., a.s. with its registered office at nám. Svobody 526, Třinec 73961, Corporate ID: 63079658FINITRADING, a.s., Registered at nám. Svobody 526, 73961 TřinecCorporate ID: 61974692Relation: The company is the Companys controlling entity acting in concert with MORAVIA STEEL a.s., which is another shareholder of the Company.B. Other Related PartiesB.1. Companies Controlled by the Controlling EntitiesMoravia Steel AG Zug registered at Oberallmendstrasse 16, 6302 Zug, SwitzerlandRelation: company controlled by MORAVIA STEEL a.s.MORAVIA STEEL IBÉRIA, S.A. registered at Campo Grande, 35 – 9. A, P-1700 Lisbon, PortugalRelation: company controlled by MORAVIA STEEL a.s.MORAVIA GOEL TRADE d.o.o., “in liquidation”, registered at Perkovčeva 48, 10430 Samobor, CroatiaRelation: company controlled by MORAVIA STEEL a.s.MORAVIA STEEL ITALIA s.r.l. registered at via Niccolini 26, 20154 Milan, ItalyRelation: company controlled by MORAVIA STEEL a.s.MORAVIA STEEL SLOVENIJA d.o.o. registered at Valvazorjeva 14, 3000 Celje, SloveniaRelation: company controlled by MORAVIA STEEL a.s.CMC – TRINEC Stahlhandel, GmbH registered at Cliev 19, 51515 Kürten, GermanyRelation: company controlled by MORAVIA STEEL a.s.TRINEC – CMC LIMITED registered at Bradwall Court, Bradwall Road, Sandbach, Cheshire, CW11 1 GE, EnglandRelation: company controlled by MORAVIA STEEL a.s.Barrandov Televizní Studio a.s. registered at Kříženeckého nám. 322, Prague 5Corporate ID 41693311Relation: company controlled by MORAVIA STEEL a.s.Barrandov Studio a.s. registered at Kříženeckého nám. 322/5, 15200 Prague 5-Hlupočepy, Corporate ID: 28172469Relation: company controlled by MORAVIA STEEL a.s.114F I N A N C I A L P A R T
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Třinecké železárny, a. s. / Ann
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1.Company ProfileTŘINECKÉ ŽELEZ
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3.Characteristics of the Production
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4. Events of 2008JanuaryIn 2007, a
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5.Selected Economic Indicators 2004
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7.Introductory Word of the Chairman
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8. Board of Directors’ ReportDeve
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Production and Position on the Mark
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Investments and ModernisationThe te
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A total of 38 technological project
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Environmental InvestmentsIn 2008, t
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Table: The average adjusted count o
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Trends of total revenues during the
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9.Report of the Supervisory BoardTh
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10.Auditor‘s Opinion on the Annua
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30F I N A N C I A L P A R T
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LIABILITIES AND EQUITY(CZK thousand
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STATEMENT OF CHANGES IN EQUITYShare
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NOTES TO THE FINANCIAL STATEMENTS1.
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3. Summary of Significant Accountin
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3.5. ReceivablesUpon origination, r
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4. Additional Information on the Ba
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4.1.3. Assets Held under Finance an
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31 December 2007 (CZK thousand)Comp
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31 December 2006 (CZK thousand)Comp
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4.4.3. Intercompany ReceivablesShor
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4.8. Reserves (CZK thousand)Reserve
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4.9.5. Intercompany PayablesShort-T
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4.11. Assets and Liabilities Denomi
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Eligibleexpenses in2004Allowedstate
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2006 (CZK thousand)EntityRelationGo
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Page 66 and 67: 31 December 2007Type of commitment
Page 68 and 69: CONSOLIDATED BALANCE SHEET - FULL V
Page 70 and 71: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 72 and 73: CONSOLIDATED CASH FLOW STATEMENT(CZ
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Page 76 and 77: AssociatesName of the company Regis
Page 78 and 79: Objects from precious metals acquir
Page 80 and 81: Deferred TaxDeferred tax is account
Page 82 and 83: 4. Analysis of Impacts on Profit/Lo
Page 84 and 85: 5. Additional Consolidated Balance
Page 86 and 87: Net Book Value(CZK thousand)Net boo
Page 88 and 89: 31 December 2006 (CZK thousand)Desc
Page 90 and 91: Investment Acquisition cost Descrip
Page 92 and 93: 5.8. Inventory (CZK thousand)Struct
Page 94 and 95: 5.9.4. Intercompany ReceivablesShor
Page 96 and 97: The reserves for repairs of tangibl
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Page 100 and 101: 5.17. Bank Loans and Borrowings5.17
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Page 104 and 105: 6.1.3. The Group’s Income from Or
Page 106 and 107: 6.9. Related Party Transactions6.9.
Page 108 and 109: 7. Employees, Management and Statut
Page 110 and 111: 8. Post Balance Sheet EventsOn 21 J
Page 112 and 113: CZK’ 000 2008* 2007 2006Equity 56
Page 116 and 117: Barrandov Lands a.s. registered at
Page 118 and 119: whereby the performance fee exclusi
Page 120 and 121: D. Description of the Companys Rela
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TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny

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TÅ½ Annual Report 2008 in pdf, 7.5 MB - TÅineckÃ© Å¾elezÃ¡rny