TŽ Annual Report 2008 in pdf, 7.5 MB - Třinecké železárny

H & S PROGRESS s.r.o. registered at Dobrá 240, 73951, Corporate ID: 61946460Relation: company controlled by the CompanyMATERIÁLOVÝ A METALURGICKÝ VÝZKUM s.r.o. registered at Pohraniční 693/31, 70602 Ostrava-Vítkovice, Corporate ID: 25870807– On 27 February 2008 the Companys name was changed from VÍTKOVICE – Výzkum a vývoj, spol. s r.o. to MATERIÁLOVÝ A METALURGICKÝVÝZKUM s.r.o.Relation: company controlled by the CompanyŠroubárna Kyjov, spol. s r.o., registered at Jiráskova 987, 69732 Kyjov, Corporate ID: 42293588Relation: company controlled by the Company since 8 April 2008Moravia Security, a.s., registered at Průmyslová 725, 73965 Třinec-Konská, Corporate ID: 27835481Relation: company controlled by the Company since 15 February 2008D5, akciová společnost, Třinec, registered at Průmyslová 1026, 73965 Třinec-Staré Město,, Corporate ID: 47674539Relation: company controlled by the Company since 20 June 2008Soukromá střední škola Třinec, s.r.o., registered at Průmyslová 1000, 73970 Třinec-Staré Město, Corporate ID: 27856216Relation: company controlled by the Company since 27 August 2008Sochorová válcovna TŽ, a.s. registered at Průmyslová 1000, 73970 Třinec-Staré Město , Corporate ID: 25872940Relation: company controlled by MORAVIA STEEL a.s. and the Company acting in concert.II. DESCRIPTION OF THE RELATIONSA. Definition of the Relation between Related Partiesa) The relations in terms of the provisions of Section 66a (9) of the Commercial Code that were established in the accounting period between the Companyand MORAVIA STEEL a.s. as the controlling company are presented below in section B hereof.b) The relations in terms of the provisions of Section 66a (9) of the Commercial Code that were established in the accounting period between the Companyand FINITRADING, a.s. as the controlling entity are presented below in section C hereof.The relations in terms of the provisions of Section 66a(9) of the Commercial Code between the Company and R.F.G., a.s. were not established in the accounting period, i.e. no contracts were effected, noother legal acts were performed, and no measures were taken in terms of the above-mentioned provisions in the accounting period.c) The relations in terms of the provisions of Section 66a (9) of the Commercial Code between the Company and other companies – except for Sochorováválcovna TŽ, a.s. and Beskydská golfová, a.s. – that are controlled by the controlling entities, were not established in the accounting period, i.e.no contracts were effected among the related parties, no other legal acts were performed and no measures were taken at the initiative or on behalf ofthe related parties.d) The relations in terms of the provisions of Section 66a (9) of the Commercial Code that were established in the accounting period between the Companyand Sochorová válcovna TŽ, a.s. are presented below in section D hereof.e) The relations in terms of the provisions of Section 66a (9) of the Commercial Code that were established in the accounting period between the Companyand Beskydská golfová, a.s., are presented below in section E hereof.f) The relations in terms of the provisions of Section 66a (9) of the Commercial Code that were established in the accounting period between the Companyand the above-stated companies controlled by the Company are stated in the reports on relations of each of the controlled companies that preparetheir reports separately, providing a detailed description of individual relations with the Company for the relevant accounting period. The Companyincurred no damage as a result of the relationships.B. Description of the Companys Relations with the Controlling Entity, MORAVIA STEEL a.s.Introductiona) The principal contract applicable to the day-to-day business relations between the Company and MORAVIA STEEL a.s. is the General CommercialContract of 30 December 2002 whereby both parties declared their common interest in the further development of their mutual business relations. Thiscontract is updated for the relevant accounting period:aa) by the Master Contract mentioned below of 30 December 2002 for the sale area; andab) by the Contract for the Supply of Materials and Raw Materials mentioned below of 12 January 1999 for the purchase area.The individual performances are presented in the partial purchase contracts executed pursuant to the above contracts for a particular product, amount,shape and type, the agreed upon price and performance deadline. The agreed upon prices respect the specific features of purchases and sales in the metallurgicindustry and take into account the elimination of foreign exchange risks, the adjustment of payment conditions, and business risks.b) Due to the high number of contracts entered into during the accounting period, the report includes:ba) separate references to the individual contracts important for the relations between the Company and MORAVIA STEEL a.s., primarily the contracts116F I N A N C I A L P A R T