Draft resolutions prepared by the Board of Directors of Utenos trikotazas, AB
for the General meeting of Shareholders to be held on 29 th April 2009:
1. To approve the Audit report.
2. To approve the Annual report of the Company for the year 2008.
3. To approve the financial accounting for the year 2008.
4. To approve the Profit distribution for the year 2008:
PROFIT DISTRIBUTION PROJECT
thousand/Lt thousand/EUR
Retained earnings (loss) in the end of last 3 967 365 1 149 028
fiscal year
Net profit (loss) (6 233 134) (1 805 240)
Distributable result-profit (loss) in the (2 265 769) (656 212)
end of fiscal year
The contribution of stockholders for the loss refund
Transfer from the reserve
Distributable earnings (2 265 769) (656 212)
The distribution of profit:
reserves set by law
other reserves (to settle for the own stocks)
dividends `
other -
Retained earnings in the end of fiscal year (2 265 769) (656 212)
5. To elect audit company as the auditor of AB “Utenos trikotažas” for the year
2009. To propose three decision projects for electing:
a) To elect audit company UAB Pricewaterhouse Coopers and approve the price of
service 87 500 LTL without VAT.
b) To elect audit company UAB KPMG Baltics and approve the price of service 87
500 LTL without VAT.
c) To elect audit company UAB Deloitte Lietuva and approve the price of service
87 500 LTL without VAT.
The Audit company will become the one that receive more votes.
6. To approve Audit Committee and activity rules;
7. To elect Independent member of Audit Committee and approve payment for
work setting;
8. To elect Board members.
Managing Director
Of AB “Utenos trikotažas”
Nerijus Vilūnas
+370-389-51445
