(22) Balances and Transactions with Related Parties

The Breakdown of Receivables from and Payables to Companies within the Group
and other Related Parties at December 31, 2005

  Balances and Transactions with Related Parties    
  Description Receivables Payables  
         
  Trade balances (TSKK)      
  Slovenské elektrárne, a.s., Bratislava 10,823 379,304  
  Energotel, a.s., Bratislava 5,291 4,175  
  Enermont, s.r.o., Bratislava 25,227 492,204  
  OTC, s.r.o., Hlohovec 602 14,143  
  E.ON IS Slovakia, spol. s.r.o., Bratislava 189 77,880  
  SEPS, a.s., Bratislava 273,646 56,065  
  E.ON Engineering GMBH, Gelsenkirchen 0 15,579  
  E.ON Energie, Czech Republic 24 18,809  
  E.ON Sales & Trading GMBH, Munich 83,490 259,695  
  E.ON Hungaria 1,089 0  
  E.ON Energie BSC, München 0 29,187  
  E.ON Energie Human Resources Int. Munich 0 19,665  
  Total 400,381 1,366,706  
  Provisions outstanding      
  SEPS, a.s., Bratislava 0 382,940  
  Loans outstanding      
  E.ON IS Slovakia, spol. s.r.o., Bratislava 70,114 0  
  ZSE prenos, s.r.o., Bratislava 500 0  
  Total 470,995 1,749,646  
         

These balances are included in the following items: Receivables (see Note 9), Short-term liabilities
(see Note 16), Long-term financial assets (see Note 7) and Provisions (see Note 14).

Price Policy with Related Parties
All transactions with related parties have been carried out based on contracts and under the arm’s length principle (usual business terms and conditions). The Company also sells products to government bodies and state-owned business entities under usual business terms and conditions.

  A Summary of Transactions with Companies within
the Group and other Related Parties in the Period
from January 1, 2005 to December 31, 2005		    
  Description of Transaction Amount  
       
  Acquisition of fixed assets    
  Enermont, s.r.o., Bratislava 1,155,855  
  E.ON IS Slovakia, spol. s.r.o., Bratislava 82,736  
  E.ON IS Czech Republic, a.s. 12,357  
  Total 1,250,948  
       

  A Summary of Transactions with Companies within
the Group and other Related Parties in the Period
from January 1, 2005 to December 31, 2005		    
  Description Revenues Transaction Expenses Transaction  
             
  Business transactions          
  Slovenské elektrárne, a.s.,
Bratislava		 32,739 Short-term trades,
Services> 		7,668,068 Purchase
of electricity		  
  Energotel, a.s.,
Bratislava		 26,862 Lease 26,592 Lease of digital
network, fees		  
  E.ON Energie,
Czech Republic		 522 Services 425,406 Purchase
of electricity		  
  E.ON Sales & Trading
GmbH, Munich		 501,865 Sale of electricity,
management fee		 2,394,841 Purchase
of electricity		  
  Enermont, s.r.o.,
Bratislava		 135,861 Sale of material, lease,
services, interest		 347,565 Repairs and
maintenance,
measurements,
services		  
  OTC, s.r.o.,
Hlohovec		 8,241 Sale of material, lease,
services, interest		 86,504 Repairs of
electrometers,
services		  
  E.ON IS Slovakia,
spol. s.r.o., Bratislava		 4,948 Lease, services 367,714 IT services  
  SEPS, a.s., Bratislava 92,621 Maintenance of the
transition network,
deviations		 4,858,430 Fees for
purchase of
electricity		  
  E.ON IS
Czech Republic, a.s.		 1 Services 5,719 IT services,
consulting		  
  E.ON Hungaria 1,055 Services
- accommodation		 4 Representation
expenses		  
  E.ON Engineering
GmbH Gelsenkirchen		 0   15,579 Services  
  E.ON Energie
BSC München		 0   35,239 Services  
  E.ON Energie Human
Res.Int. München		 0   19,665 Services  
  E.ON Risk Consulting
München		 0   1,079 Services  
  E.ON
Energiakereskedö Kft.		 3,027 Services 0    
  Total 807,742   16,252,405    
             

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