On April 25, 2007 the Management Board of Sanitas AB approved the audited
financial statements for the year 2006 and consolidated financial statements
for the year 2006 as well as the Annual Report. The result of the activity in
2006 is net loss totaling to LTL 7.3 m. (EUR 2.1 m.), EBITDA amounting to
LTL 30.1 m. (EUR 8.7 m.). The audited result differs more than 10 percent
from the previously announced preliminary result (net loss LTL 10.8 m.
(EUR 3.1 m.), EBITDA LTL 16.4 m. (EUR 4.7 m.)). The corrections related to the
acquisition of Jelfa SA made the main impact on the said difference
(reevaluation
of goodwill, evaluation of Jelfa's assets to fair value, recalculation of the
impact
of merger between Jelfa and Sanitas Polska, consideration of particular events
as
related to the acquisition). The positive impact of the said corrections on net
profit (loss) totaled to LTL 2.7 m. (EUR 0.8 m.), on EBITDA amounts to
LTL 15.0 m. (EUR 4.3 m.). Also the difference was impacted by the additional
accruals and provisions.
Herewith has been announcing: the Audit report (ENG.), Annual report (ENG.),
Disclosure of compliance with the Governance Code (LT, ENG), Stock Option
Plan of Sanitas, AB.
Director of Legal and Corporate Affairs
Ruta Milkuviene
+370 37 20 06 62
