Výročná správa 2009 - Komunálna Poisťovňa

6 Supervisory Board reportof KOMUNÁLNA poisťovňa, a.s.Vienna Insurance GroupSupervisory Board report spoločnostiKOMUNÁLNA poisťovňa, a.s.Vienna Insurance GroupSupervisory Board had received from theBoard of Directors Financial Statements for theyear ended on December 31, 2009, includingthe appendix containing the profit distributionproposal for year 2009, management and companyassets status report as of December 31,2009, as well as the Company’s Annual Reportfor 2009, which the Supervisory Board hadexamined and thoroughly inspected.As a result of this examination the SupervisoryBoard adopted unanimous resolution toapprove the Annual Financial Statements as ofDecember 31, 2009, including the Appendix,the profit distribution proposal for year 2009,management and company assets status reportas of December 31, 2009, as well as thecompany’s Annual Report for 2009.The Supervisory Board concludes that, asa whole or in part through its Chairman andDeputy Chairman, it has exercised the opportunityto supervise operations of the Company’sBoard of Directors. This was achievedthrough consultations with respective Boardmembers who provided, based on accountingrecords and documents, explanations pertainingto the company’s business affairs.In 2009 the company held one GeneralAssembly and three extraordinary GeneralAssembly and four Supervisory Board meetings.From 01.01.2009 until the merger day(30.09.2009) the company held 2 SupervisoryBoard meetings and 2 Supervisory Board resolutionsapproved per rollam. After the merger(from 01.10.2009) the Company held 2 SupervisoryBoard meetings.As of 1. 10. 2009 KONTINUITA poisťovňaa.s. Vienna Insurance Group was integratedwith KOMUNÁLNA poisťovňa a.s. Vienna InsuranceGroup in the form of merger, withKONTINUITA poisťovňa, a.s. Vienna InsuranceGroup ceasing to exist and KOMUNÁLNApoisťovňa, a.s. Vienna Insurance Group beingthe legal successor. In concurrence with legalregulations and accounting rules all assets andliabilities including the equity/shareholder capitalof KONTINUITA poisťovňa a.s. Vienna InsuranceGroup were transferred ex lege to thesuccessor company KOMUNÁLNA poisťovňaa.s. Vienna Insurance Group.Supervisory Board notifies the GeneralAssembly that the company’s FinancialStatements for year ended on December31, 2009 were audited by Pricewaterhouse­Coopers Slovensko, s.r.o., that the SupervisoryBoard received auditors’ report, whichwas examined and reviewed and that SupervisoryBoard takes note that this auditdoes not give rise to any objections.The Supervisory Board hereby declares thatin reference to the Auditors’ Report it has noadditional comments to make.Furthermore the Supervisory Board informsthat pursuant to § 18, par. 3), letter m)of the Company Articles, the General Assemblyis authorised to issue approval to executecontracts entered into pursuant to § 196a ofthe Commercial Code. In order to ensure flexibilitythe General Assembly had provided theSupervisory Board with a Power of Attorney toexecute contracts entered into pursuant to §196a of the Commercial Code.During the course of the business year2009 the Supervisory Board had issued nosuch authorisation to execute contract concludedpursuant to § 196a of the CommercialCode.Ing. Juraj LelkesSupervisory Board ChairmanBratislava, May 2010Správa Dozornej rady I Supervisory Board Report75