Panevezys, Lithuania, 2014-04-08 13:45 CEST (GLOBE NEWSWIRE) -- Draft Resolutions suggested by the Board of AB “Linas” for the Annual General Meeting of Shareholders to be held on 30 April 2014:
1. Audit conclusion regarding the consolidated and Company’s Annual Financial Accountability and Annual Report of year 2013.
Project of resolution: to pay attention to the auditor’s conclusions confirming AB “Linas” consolidated and Company’s financial accountability of year 2013 and to agree to the consolidated annual report of the company of year 2013.
2. Confirmation of consolidated and company’s annual financial accountability of year 2013 and presentation of consolidated annual report.
Project of resolution: to confirm AB “Linas” consolidated and company’s annual financial accountability and to agree to consolidated annual report of year 2013.
3. Company’s profit (loss) allocation of year 2013.
Project of resolution: to confirm AB “Linas” profit (loss) allocation:
1) retained profit of the previous financial year at the end of the accounting year – 225.547 Lt (66.192 EUR);
2) net loss of the accounting year 2.978.280 Lt (862.570 EUR);
3) profit (loss) of the accounting financial year unrecognized in the statement of comprehensive income - 0 Lt (0 EUR);
4) transfers from mandatory reserve 2.403.899 Lt (696.217 EUR);
5) transfers from reserve for business projects 0 Lt (0 EUR);
6) transfers from reserve for the support 0 Lt (0 EUR);
7) transfers from profit for dividend paying 0 Lt (0 EUR);
8) shareholders contributions to cover company’s looses 0 Lt (0 EUR);
9) allocated loss totally 345.834 Lt (100.160 EUR);
10) share of profit set for the mandatory reserve 0 Lt (0 EUR);
11) share of profit set for the reserve for purchase of own shares 0 Lt (0 EUR);
12) share of profit set to other reserves 0 Lt (0 EUR);
13) share of profit set for dividend paying 0 Lt (0 EUR);
14) share of profit set for annual allowances (bonuses) for the members of the board, for the employees premiums and other purposes 0 Lt (0 EUR);
15) retained loss at the end of the financial year transferred to the next financial year 345.834 Lt (100.160 EUR).
4. Election of the audit company.
Project of resolution: to elect audit company UAB “Revizorius” to the position of the auditors of AB “Linas” for year 2014-2016.
AB “Linas” director
Martynas Jasinskas
Tel.: +370 45 506103
