The draft decisions suggested by the General Meeting of the shareholders to be
convened on 27 April 2007 are as follows:
1. Audit conclusions regarding the Financial Statement and Annual Report of the
Company for the year 2006.
Decision: to pay attention to the auditor's conclusions about executed 2006
financial accounting audit of “Linas” AB Group of companies and company's and
corresponding of annual report to financial accounting of 2006 (Appendix 2).
2. Annual Report of the Company for the year 2006.
Decision: to approve „Linas“ AB consolidated annual report for the year 2006
(Appendix 1).
3. Company's financial accounting approval for year 2006.
Decision: to approve consolidated and company‘s annual financial statement of
„Linas“ AB for the year 2006. (Appendix 2)
4. To approve the following allocation of profit (loss) of „Linas“ AB for the
year 2006:
Deciaion: to approve allocation of profit (loss) of „Linas“ AB for the year
2006.
1) undistributed profit (loss) of the previous financial year at the end of the
accounting year 63.591 Lt ( 18.417 EUR);
2) net profit (loss) of the accounting year 81.257 Lt (23.534 EUR);
3) profit (loss) of the accounting financial year unrecognized in the
statement of profit (loss) 0 Lt (0 EUR);
4) transfers from reserves - 8.665.909 Lt (2.509.821 EUR);
5) contributions of shareholders to cover loss of the company (in case of the
shareholder decision to cover all or a part of losses) - 0 Lt (0 EUR);
6) allocated profit (loss) totally 8.810.757 Lt ( 2.551.772 EUR);
7) a part of profit to the compulsory reserve 0 Lt ( 0 EUR);
8) a part of profit to the reserve for the acquisition of own shares - 0 Lt (0
EUR);
9) a part of profit to support reserves - 30.757 Lt (8.908 EUR);
10) a part of profit to business projects development reserves - 8.780.000 Lt
(2.542.864 EUR);
11) a part of profit for dividend paying 0 Lt (0 EUR);
12) a part of profit for annual payoffs (bonuses) for the members of the board,
premium pays for employees and other purposes 0 Lt (0 EUR);
13) undistributed profit (loss) at the end of the financial year transferred to
the next financial year 0 Lt (0 EUR).
5. Election of members of Board.
Decision: considering the Bylaws of the company, term of office of the current
members of Board expires this year, therefore members of Board propose to the
General Shareholders Meeting to elect a new Board. Following candidates are
suggested: Ramūnas Lenčiauskas, Viktoras Majauskas, Vaidas Žarnauskas.
„Linas“ AB director
Lilijana Pūrienė
Tel.: +370 45 506157
