Liepaja, 2014-06-03 15:12 CEST (GLOBE NEWSWIRE) -- Today, on June 3, 2014, annual general meeting of the joint stock company „Liepājas autobusu parks”, Reg. nr.: 40003015652, address: 8/16 Cukura street, Liepaja, LV- 3414 (hereinafter - Company), took place with the following agenda:
1. Reports of the board of directors, the supervisory board and the sworn auditor about results of 2013.
2. Approval of Audit committee’s report.
3. Approval of the annual report:
3.1. approval of the annual report 2013;
3.2. approval of the consolidated annual report 2013.
4. Disposal of earnings of 2013.
5. Approval of the budget and working plan for 2014:
5.1. income;
5.2. expenses;
5.3. planned earning of 2014.
6. The election of the sworn auditor and the determination of the sworn auditor’s remuneration.
7. Denomination of the share capital.
8. An amendment of the Company’s Articles of the Association:
8.1. approval of the amendment of Articles of the Association;
8.2. approval of the new version of Articles of the Association.
Based on the Article 54, paragraph 12, of the Financial instrument market law we provide the information on decisions adopted by the annual general meeting:
1. Decision on Board’s, Council’s and certified auditor’s reports about the operating results of 2013
Decided:
to approve Board’s, Council’s and certified auditor’s reports about the operating results of 2013.
2. Decision on the Audit committee report
Decided:
to approve the report of the Audit committee on 2013.
3. Decision on the approval of the annual report
Decided:
3.1. to approve audited annual report of the Company for the year 2013.
3.2. to approve audited consolidated Company’s group report for the year 2013.
4. Decision on the distribution of profit
Decided:
to approve Company’s losses for the year 2013 and in the amount of LVL 41 890 or EUR 59 732 and to cover them from accumulated profits of previous years.
5. Decision on the approval of budget and working plan 2014
Decided:
to approve the budget and working plan for the year 2014:
5.1. Total income - EUR 11 123 735, including direct income from sold tickets – EUR 4 242 540, donations and compensations – EUR2 565 670, income for driven kilometers – EUR 3 703 120, other income – EUR 612 405.
5.2. Total expenses – EUR 10 916 720, including raw materials - EUR 3 149 760, wages including labor force taxes –3 026 840, spare parts and other materials necessary for the operations- EUR 620 300, expenses of the administration, including, wages and labor force taxes – EUR 378 480.
5.3. Planned income (EBT) in 2014 is EUR 207 015.
6. Decision on the certified auditor’s election and determination of the certified auditor’s remuneration
Decided:
to elect the limited liability company „Zvērinātu revidentu firma “Potapoviča un Andersone””, Reg. No. 40003612562, address: 12/45 Udens street, Riga, LV-1007, for the examination of the Company’s annual report of 2014 and to determine the renumeration of the sworn auditor in the amount of EUR 5 400 before taxes.
7. Decision on the denomination of the share capital
Decided to denominate share capital of the Company 627 441 lats (six hundred twenty seven thousand four hundred fourty one lat and 00 santims) into 878 417,40 EUR (eight hundred seventy eight thousand four hundred seventeen lats and 40 cents), determining that the share capital of the Company consists of 627 441 (six hundred twenty seven thousand four hundred one) share (239 900 (two hundred thirty nine thousand nine hundred) shares are bearer shares in dematerialized form; 387 541 (three hundred eighty seven thousand five hundred forty one) share is registered share in paper form which are shares of closed emission) and nominal value of one share is EUR 1,40 (one euro and 40 cents). To determine 4th of July as the date of the denomination. To record the balance which occurred as a result of the denomination of the share capital from lats to euros in the amount of EUR 14 350, 71 (fourteen thousand three hundred fifty euros and 71 cent) in the reserves of the Company.
8. Decision on the 8th question of the agenda
Decided:
8.1. To approve the amendment of the Company’s Articles of Association and to express its 3rd Article in the fallowing form:
“3. SHARE CAPITAL AND CATEGORIES OF SHARES
3.1. Company’s share capital is EUR 878 417,40 (eight hundred seventy eight thousand four hundred seventeen euro and 40 cents.
3.2. Company’s share capital consists of 627 441 (six hundred twenty seven thousand four hundred one) share of which:
3.2.1. 239 900 (two hundred thirty nine thousand nine hundred) shares are bearer shares in dematerialized form;
3.2.2. 387 541 (three hundred eighty seven thousand five hundred forty one) share is registered share in paper form which are shares of closed emission.
3.3. The nominal value of one share is EUR 1,40 (one euro and 40 cents).”
8.2. To approve the Company’s Articles of the Association in the new version.
The Board of the JSC „Liepājas autobusu parks”
Māris Ārbergs
maris.arbergs@lap.lv