Activity results for 3 months of 2010. Set of unaudited interim condensed consolidated and separate financial statements for 3 months of 2010


Consolidated profit before tax of Sanitas, AB (hereinafter - „Sanitas“ or
„Company“) group for 3 months of 2010 amounted to LTL 16,861  thousand (€ 4,883
thousand), in the same period of 2009 Sanitas group‘s consolidated loss before
tax amounted to LTL 17,835 thousand (€ 5,165 thousand). 
  
The significant change in profit before tax was mainly influenced by two
reasons - increased sales in the Polish market and strengthened Polish zloty
exchange rate. 

The sales in the Polish market were lower than usually in the first quarter of
the last year due to the fact that at the end of 2008 Sanitas group sold a lot
of products which sales were impossible after  January 1, 2009. The sales
reached the ordinary level in 2010. 

Jelfa SA loans denominated in Euro have most significant influence for foreign
currency fluctuations in Sanitas group. Due to depreciating Polish zloty
Sanitas group incurred LTL 27,083 thousand (€ 7,844 thousand) foreign currency
exchange loss in the first quarter of 2009. In the first quarter of 2010 Polish
zloty strengthened thus having positive impact by LTL 11,358 (€ 3,289 thousand)
of foreign currency exchange gain. 

Company's loss before tax for 3 months of 2010 amounted to LTL 1,721 thousand
(€ 498 thousand), in the same period of 2009 Sanitas loss before tax amounted
to LTL 3,444 thousand (€ 997 thousand). 
  
Set of unaudited interim condensed consolidated financial statements for 3
months together with the confirmation of the responsible persons are enclosed.
It can be found at Company‘s webpage www.sanitas.lt in the chapter Financial
reports. 
  
Jurist 
Alina Naujokaitiene 
+ 370 37 20 06 62

Attachments

sanitas ifrs q1 en final.pdf