KB prezent. angl - Komerční banka

050 ➔051
Report of the Board of Directors
MUZO, a. s.
Shareholder structure Komerční banka 49.9%*
Česká konsolidační agentura 20.8%
Others 29.3%
Core business
Market position
Key products
Main developments in 2003
Key plans in 2004
* Komerční banka controlled 52.6% of the share capital of the company
Banking and card support services
Dominant position on the market
Authorisation of payment cards (front office)
Database administration
Controlling and transaction processing of payment cards (back office)
Installation and maintenance of ATMs and payment terminals in the domestic and
international payment systems
Ongoing regional expansion
Number of managed ATMs increased by 27%
Number of Points of Sale (POS) increased by 30%
Volume of POS transactions increased by 51%
Komerční banka concluded an agreement on the sale of its share in the MUZO Company
Settlement of the sale of the KB share in the MUZO Company
Entrance of the strategic partner
Financial summary
CAS, CZK thousand 2003 2002
Total assets 933,301 1,072,092
Fixed assets 728,820 792,169
Shareholders’ equity 506,671 471,952
Share capital 102,000 102,000
Sales of services and goods 795,603 900,647
Profit before tax 188,129 247,335
Profit after tax 134,345 191,719
Contact MUZO, a. s.
V Olšinách 80/626, 100 00 Praha 10
Phone: +420 267 197 111, Fax: +420 267 197 590
Corp. ID: 00001155, E-mail: obo@muzo.com
Internet: www.muzo.com