Credit repayment date 1st instalment in the amount of PLN 10,000 thousand - December 31, 2014 2nd–8th instalments in the amount of PLN 11,250 thousand - at the end of June and at the end of December of each year, respectively (until 2018) 9th instalment in the amount of PLN 9,662 thousand - December 31, 2018 Security type A registered pledge to the highest insured sum of PLN 60 million, established over 1.8 million of own Apator S.A. shares held by the subsidiary, Apator Mining Sp. z o.o. A registered pledge is established over 14,005 shares of the Apator Elkomtech S.A. to the maximum amount of security of PL 98.4 million. A registered pledge on Apator S.A. fixed assets to the amount of PLN 15.6 million with a cession of rights under an insurance agreement A mortgage to the amount of PLN 40 million over the Apator S.A. real estate in Ostaszewo, with a cession of rights an insurance agreement. Interest rate WIBOR 6M + margin at an annual rate Credit (4) Bank name ING Bank Śląski SA Date of concluding the agreement and possible annexes to the agreement June 22, 2016 Amount of the credit granted A up to PLN 120.000 thousand - this limit can be used in a form of revolving credits, bank guarantees, and letters of credit Credit payment date June 22, 2018 Security type A registered pledge over inventories in the amount of PLN 24.1 million; A registered pledge over assets in the amount of PLN 20.2 million; Cession of rights under an al-risk property insurance policy; A registered pledge over Apator S.A. receivables form ING Bank Śląski; Apator S.A. statement on submission to enforcement procedures to the amount of PLN 180 million. Interest rate WIBOR 1M, LIBOR 1M or EURIBOR 1M + margin at an annual rate Credit (5) Bank name CITI Bank Handlowy SA Date of concluding the agreement and possible annexes to the agreement January 13, 2017, the last of December 19, 2017 Amount of the credit granted PLN 10,000 thousand Credit payment date July 10, 2018 Security type - Interest rate WIBOR 3M + margin at an annual rate
Provisions for liabilities Information concerning provisions for liabilities is presented in the table below. PROVISIONS FOR LIABILITIES EMPLOYEE BENEFITS OTHER PROVISIONS TOTAL DISCLOSURE RETIREMENT BENEFITS, AWARDS BONUSES HOLIDAY GUARANTEES OTHER Provision net value as of 01/01/2016 6,275 503 1,411 906 282 9,377 Increases - a provisions created charged to the current result (+) 721 3,800 12 197 100 4,830 Decrease - unused amounts written off to income (-) - (503) - - - (503) Provision used - reconciliation against costs (545) (2,265) - - - (2,810) Recalculated provisions recognized in total income 76 - - - - 76 Provision value as of 31/12/2016, including: 6,527 1,535 1,423 1,103 382 10,970 - long-term provisions 5,807 - - - - 5,807 - provisions 720 1,535 1,423 1,103 382 5,163 Provision net as of 01/01/2017 6,527 1,535 1,423 1,103 382 10,970 Increases - a provisions created in current result (+) - 7,021 280 656 28 7,985 Decrease - unused amounts written off to income (-) (199) - - - - (199) Provision used - reconciliation against costs (610) (3,488) - (746) (313) (5,157) Recalculated provisions recognized in other total income (215) - - - - (215) Provision value as of 31/12/2017, including: 5,503 5,068 1,703 1,013 97 13,384 - long-term provisions 4,625 - - - - 4,625 - short-term provisions 878 5,068 1,703 1,013 97 8,759 Employee benefits - actuarial assumptions Main actuarial assumptions adapted as of the reporting day (expressed as average weighed values): The discount rate as of December 31, 2017 3.3% The future increase in the indexing rate for a basis for calculation of long-service awards 0% Number of employees 619
iMeters Sp. z o.o. - subsidiary of Apator Powogaz S.A. George Wilson Industries Ltd. (Coventry, United Kingdom) – subsidiary of Apator Metrix S.A. Entities under joint control Teplovodomer (Mytishi, Russia) - an entity a joint control of Apator Powogaz S.A. Inda d.o.o. (Slovenia) – an entity under a joint control of George Wilson Industries Ltd. Members of the Supervisory Board Members of the key management personnel relatives of members of the Supervisory Board and management personnel sharing the same household Entities controlled by persons listed in c and d. The Management Board of APATOR S.A. specified that the following persons are members of the top management of the Company APATOR S.A. Mirosław Klepacki – President of the Management Board (from November 16, 2017) Andrzej Szostak – President of the Management Board (from January 1 to November 15, 2017) Piotr Nowak – Member of the Management Board (to January 3, 2018) Piotr Dobrowolski – Member of the Management Board (from January 1, 2017 to February 27, 2017) Agnieszka Nosal – Member of the Management Board (from January 1 to November 30, 2017) Arkadiusz Chmielewski – Member of the Management Board (from June 12, 2017 to November 30, 2017) Other members of the management: Krzysztof Malec – Proxy, Operating Director Małgorzata Mazurek Financial Director, Proxy Jolanta Dombrowska Management and Investor Relations Office Director, Proxy Bratkowski Apparatus and Measuring Systems Director, Proxy Tom Ruhan – Proxy, Management Counsellor Transactions with affiliates were conducted on market conditions. Data concerning transactions with entities