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

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170 yearsTechnology and ResearchThe technology of Třinecké železárny controls the product flow from the production of hot steel through the rolling mills to thefinalisation lines through technological regulations and instructions. They are closely connected to the research and developmentactivities, or innovation based on the needs of customers. In relation to these facts, 79 new steel grades were introduced or upgraded in2008.The technology and its exacting character is closely related to the quality. Standard assurance and evaluation of the production quality isabove all provided through 12 supporting product groups as well as through quality meetings; both are connected with the profitabilityand feedback from the most significant customers.In 2008 the start of two facilities for out-of-furnace hot metal desulphurisation was managed at the converter steel plant. The test of thenew casting bloom of 300 × 385 mm, used for production of rails, was commenced at the bloom continuous caster. The production ofround ingots especially of higher steel grades for Válcovny trub TŽ started at the EAF steel plant.The technology of rails production was stabilised at the bloom and heavy section mill; this enabled the record annual production of rails.After the controlled rolling of the SBQ bars had been mastered at the light section mill, attention was paid to the possibility of theirwinding into coils. The new investment of Garret coilers enabled the rolling mill to increase the flexibility of products from rebars,through sections up to the SBQ bars, including steel in two-tonne coils. This investment includes the technology of accelerated anddecelerated cooling of coils in the diameter range of 16 to 50 mm.Within the rolling technology, we extended the production of high carbon wire rods (cords and wires for pre-stressed concrete), screwhigh-tensile wire rods, bearing wire rods, and above all the spring wire rods.The wire rod production is connected with the finalising line – spherical annealing in the STC furnaces to the surface treatmentconnected with the equalisation drawing at the STAKU line.The technological activities in TŽ do not directly relate to the TŽ facilities only, but are connected with the finalising technologies ofTřinec products within the subsidiaries.In 2008 a total of 57 research assignments were completed, of which 42 had commenced in 2007.A total of 15 technological and research projects were commenced:– Measuring of emissions at the quenching tower during the coke quenching;– Continuous measurement of SO3 and O2 concentration at the chemical part of the coke plant;– Verification of the calculation of the specific need of heat for coking in the TŽ coke plant;– Controlled cooling of rails;– Research and development of new tool steels for wood cutting knives;– Development, verification, and production start up of controlled cooling of spring steel in coils after controlled rolling;– Increasing the utility value of steels determined for production of high strength chains;– Research and development of new possibilities of environmental processing of the metallurgical waste, and recycling of secondarymaterials;– Research, development and verification of new technologies for the production of the 9 Cr tubes for power engineering;– Research, development and verification of microwave technologies in metallurgy;– Out-of-furnace desulphurisation of the hot metal;– Development of the technology for reducing surface and internal defects of the continuously cast billets;– Research and optimisation of the production of special steels for accessory materials for welding;– Research and optimisation of the efficiency of the protection of the casting flow to ingot-moulds, development and design of thetechnology of bearing steel production with Ti contents up to 20 ppm including optimisation of the methodology of determining theTi content in TŽ;– Research and optimisation of continuous casting at the bloom CCM.A 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 0 817
A total of 38 technological projects were completed:– Measuring of emissions at the quenching tower during the coke quenching;– Development and introduction of the technique of SBQ grades production;– 36 sub-projects within project FI-IM2/043: “New progressive technological procedures of the production of steel products”Other significant projects completed in 2008:– Research of conditions and creation of a model of the occurrence of chemical non-homogeneity, tension states, and dislocation ofmaterial at continuous casting of steel;– Development and verification of new technological procedures of production of ultra-clear bearing steel designated for the automotiveand aerospace industry.These technological projects were completed within the Impuls and Tandem programmes of the Czech Ministry of Industry and Tradewith state support and in the form of in-house projects.EnvironmentAir ProtectionThe year-on-year trend in air pollution is unambiguously positive.The sources of emissions at the Iron and Steel Production plant have the most significant share in this result, especially the sinteringbelts of the sinter plant, converter steel plant and some sources at the blast furnaces. The implemented environmental projects also hadfavourable effects. Another reason for the lower emissions was the regulation of production at the end of 2008.Table: Amount of emissions to the air in 2008 compared to the previous yearYEAR SOLID POLLUTANTS (T/Y) SULPHUR DIOXIDE (T/Y) NITROGEN OXIDES (T/Y) CARBON MONOXIDE (T/Y) OTHER EMISSIONS (T/Y)2007 1 132 2 170 1 563 73 337 1742008 832 1 440 934 47 166 99SECONDARY RAW MATERIALSAT PRESENT WE PROCEED ALL SLAGS FOR CEMENTPRODUCTION AND ROAD CONSTRUCTIONS; MOREOVERWE ARE GRADUALLY EXPLOITING SLAG FROM DUMPTHAT HAS ARISED DURING ALL THE HISTORY OF TŽ18
Page 1 and 2: Třinecké železárny, a. s. / Ann
Page 3 and 4: 1.Company ProfileTŘINECKÉ ŽELEZ
Page 5 and 6: 3.Characteristics of the Production
Page 7 and 8: 4. Events of 2008JanuaryIn 2007, a
Page 9 and 10: 5.Selected Economic Indicators 2004
Page 11 and 12: 7.Introductory Word of the Chairman
Page 13 and 14: 8. Board of Directors’ ReportDeve
Page 15 and 16: Production and Position on the Mark
Page 17: Investments and ModernisationThe te
Page 21 and 22: Environmental InvestmentsIn 2008, t
Page 23 and 24: Table: The average adjusted count o
Page 25 and 26: Trends of total revenues during the
Page 27 and 28: 9.Report of the Supervisory BoardTh
Page 29 and 30: 10.Auditor‘s Opinion on the Annua
Page 31 and 32: 30F I N A N C I A L P A R T
Page 34 and 35: LIABILITIES AND EQUITY(CZK thousand
Page 36 and 37: STATEMENT OF CHANGES IN EQUITYShare
Page 38 and 39: NOTES TO THE FINANCIAL STATEMENTS1.
Page 40 and 41: 3. Summary of Significant Accountin
Page 42 and 43: 3.5. ReceivablesUpon origination, r
Page 44 and 45: 4. Additional Information on the Ba
Page 46 and 47: 4.1.3. Assets Held under Finance an
Page 48 and 49: 31 December 2007 (CZK thousand)Comp
Page 50 and 51: 31 December 2006 (CZK thousand)Comp
Page 52 and 53: 4.4.3. Intercompany ReceivablesShor
Page 54 and 55: 4.8. Reserves (CZK thousand)Reserve
Page 56 and 57: 4.9.5. Intercompany PayablesShort-T
Page 58 and 59: 4.11. Assets and Liabilities Denomi
Page 60 and 61: Eligibleexpenses in2004Allowedstate
Page 62 and 63: 2006 (CZK thousand)EntityRelationGo
Page 64 and 65: 2007 (CZK thousand)EntityRelationNo
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
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CONSOLIDATED CASH FLOW STATEMENT(CZ
Page 74 and 75:
2. Definition Of the Consolidated G
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AssociatesName of the company Regis
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Objects from precious metals acquir
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Deferred TaxDeferred tax is account
Page 82 and 83:
4. Analysis of Impacts on Profit/Lo
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5. Additional Consolidated Balance
Page 86 and 87:
Net Book Value(CZK thousand)Net boo
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31 December 2006 (CZK thousand)Desc
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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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5.15. Deferred Tax Liability and De
Page 100 and 101:
5.17. Bank Loans and Borrowings5.17
Page 102 and 103:
5.18. Temporary Liabilities (CZK th
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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
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CZK’ 000 2008* 2007 2006Equity 56
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CZK’ 000 2008* 2007 2006Equity 19
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