Vilnius, Lithuania, 2011-04-06 15:08 CEST (GLOBE NEWSWIRE) -- The Management Board of Vilniaus baldai AB approved the Company‘s draft resolutions of the Annual General Shareholders meeting that will take place on the 28th of April.
1. Consolidated annual report.
Draft Resolution:
1.1. To get acquainted with Company‘s consolidated annual report for 2010.
2. Company's auditor's report.
Draft Resolution:
2.1. To get acquainted with Company‘s auditor‘s report.
3. Approval of the Company's financial statements for 2010.
Draft Resolution:
3.1. To approve Company's financial statements for 2010.
4. Approval of the Company‘s consolidated financial statements for 2010.
Draft Resolution:
4.1. To approve Company‘s consolidated financial statements for 2010.
5. Approval of the Company‘s profit distribution for 2010.
Draft Resolution:
5.1. To approve Company‘s profit distribution:
| Undistributed retained earnings, brought forward | 2 769 563 LTL | 802 121 EUR |
| Net result for the current year | 27 848 058 LTL | 8 065 355 EUR |
| Distributable result | 30 617 621 LTL | 8 867 476 EUR |
| Transfers to the obligatory reserves | - | - |
| Profit transfers to the reserves for own shares acquisition | - | - |
| Transfers to other reserves | - | - |
| To be paid as dividends | 11 658 801 LTL | 3 376 622 EUR |
| To be paid as annual payments (bonus) to board of | 399 000 LTL | 115 558 EUR |
| Undistributed retained earnings, carried forward | 18 559 820 LTL | 5 375 296 EUR |
3 LTL (0.87 EUR) of dividends per one ordinary share.
