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Proposal for distribution of profit
From the created profit in the amount of 56 631 CZK the Board of Directors has proposed at the general meeting, to transfer to the account of retained earnings of previous years the sum of 53 543 CZK and to realize the statutory allocation to the reserve fund in the amount of 2 818 CZK. After this transaction the undistributed profit will then be, after settlement of this operation in the balance sheet of the company, in the amount of 7 507 thousand CZK and the reserve fund in the amount of 20 807 thousand CZK.
Joint-Stock Company Solving Questions Relating to Environment of both Regions.The company makes all steps leading to European environmental regulations, and targets its activities to complete new regulations and acts being connected with the CR adhesion in the EU. It permanently pays attention to problems concerning protection of air, water pureness and waste economy. In 2000, our company has paid the amount of CZK 1.4 million. In 2000, it spent operational financial resources amounting to CZK 1.4 million to accomplish its targets relating to environment protection.
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