Martin Janoušek

603 151 061

603 151 065

gadesign@seznam.cz


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UFF Business Description markets and markets fresh, frozen and dry food and non-food products to food service customers in the United States. These clients include independent individual and multi-family buildings, regional concepts, national restaurant chains, hospitals, care homes, hotels and motels, country clubs, government and military organizations, universities and universities, and retail sites. The company has developed pension plans that focus on benefits and pension plans for its employees. In addition, the company participates in various plans for several employers through collective agreements and provides certain health care benefits to eligible retirees and their loved ones. Each quarter, we look at the changes that rating agencies make for all lenders that remain required to provide us with financial resources. We are not aware of any evidence that our lending banks will not be able to meet the contractual terms of their agreements with us. We continue to monitor credit markets and the strength of our lender counterparties. „Companies have tried to understand their balance sheets and use credit facilities to ensure they have cash,“ says Rusty Wiley, MANAGING director of Datasite, a software service provider and data company. „As credit markets continue to stabilize, there are quite a number of quality asset contracts entering the market.“ A significant portion of the outstanding debt is paid at variable rates.

As a result, an increase in interest rates, whether due to higher market rates or a decrease in our solvency, would increase the cost of servinting our debt and significantly reduce our profitability and cash flow. The impact of such an increase would be greater for us than for some other companies because of our high debt. We rely on networks and computer systems to process, transfer and store electronic information, process credit card payments online, and manage or support virtually all of our business processes and operations. We also use mobile devices, social networks and other online activities to connect with our employees, suppliers, business partners and customers. These uses involve cybersecurity risks, including security breaches, espionage, system interruption, theft, online platform hacking, which could redirect online credit card payments to another credit card processing site, and accidental or unauthorized disclosure of information. Our business includes the storage and transmission of many categories of sensitive and/or confidential information and intellectual property, including the personal data of customers and suppliers, private personnel information, and financial and strategic information about us and our business partners. In addition, we are also expanding and improving the measure implemented by the CEO to assess the operating performance is adjusted EBITDA. Adjusted EBITDA is defined as net income (loss), plus interest expense, income tax provision (benefit) and adjusted depreciation and amortization for: (1) sponsorship fees; (2) restructuring and impairment expenses for property, plant and equipment; (3) stock-based compensation costs; (4) the non-barbaric effects of net LIFO reserve adjustments; (5) loss in an emergency; (6) pension compensation; (7) the costs of transforming the business; (8) acquisition costs; (9) Other profits, losses or expenses in accordance with the company`s debt contracts.