Economic results for - AŽD Praha, sro

Supervisory Board’s Annual reportBusiness results of AŽD Praha s.r.o.for fiscal year 2010/2011In the course of the whole fiscal period the Supervisory Board observed the generally binding regulations pursuant to provisions of CommercialCode, Partnership Deed and General Assembly resolutions.At its regular meetings the Supervisory Board was informed about accepted intentions of Executive Plan, the company’s business results, the company’sfinancial situation, the organisational changes and company’s activities implementation in inland and abroad.The Supervisory Board acquainted itself with the auditor’s statement prepared by EKMA FIN a.s.’s auditor Ing. Jana Buková dated December 16, 2011and approved by the director of the Board Ing. Pavel Sramek.The Auditor’s statement is “Without objections” with classification:Pursuant to our opinion, the final accounts of AŽD Praha s.r.o. provide a true and faithful image of the assets, liabilities and financial situation as at September30, 2011, and of the expenses, revenues, business results and cash flow achieved during the period ending on September 30, 2011 in compliance withAccounting Act and relevant regulations of the Czech Republic.The Supervisory Board of AŽD Praha s.r.o. reviewed Annual report and fully approves this report without any objections and comments.The Supervisory Board therefore advises the General Assembly to approve the final accounts including the profit distribution proposal forthe cited fiscal period.Daniela VeseláSupervisory Board Chairman, AŽD Praha s.r.o.In Prague, on January 31, 201268