The General Meeting of Shareholders of AB Kauno Energija has been held on the 28th of April, 2015.
7 shareholders owning a 42 092 598 ordinary registered shares of the Company, which is 98.34 % of the votes, took part in it and they made following decisions:
1. Approval of Consolidated and Company‘s financial statements of the year 2014, prepared according to the International financial reporting standards accredited to use in European Union, presented along with consolidated Annual Report and Conclusion of independent auditor.
Resolution: to approve the audited AB Kauno Energija consolidated and Company‘s financial statements of the year 2014, prepared according to the International financial reporting standards accredited to use in European Union (included).
2. Allocation of AB Kauno Energija profit (loss) of the year 2014.
Resolution: to allocate AB Kauno Energija profit (loss) of the year 2014 according to the profit (loss) allocation project, provided to the General Meeting of Shareholders by the main shareholder of AB Kauno Energija – Kaunas city municipality (included).
| Items | Amount, LTL | Amount, EUR | ||
| 1. | Profit (loss) of the previous financial year brought forward at the end of the reporting year | 232,353 | 67,294 | |
| 2. | Net profit (loss) of the reporting financial year | 2,992,460 | 866,676 | |
| 3. | Profit ( loss) not recognised in the comprehensive income statement | 0 | 0 | |
| 4. | Transfers from reserves | 1,798,839 | 520,980 | |
| 4.1. | Transfers from other reserves | 1,798,839 | 520,980 | |
| 5. | Shareholders' contributions for covering the losses (if full or partial losses are decided to be covered by shareholders) | 0 | 0 | |
| 6. | Total profit (loss) to be allocated | 5,023,652 | 1,454,950 | |
| 7. | Profit to be allocated to legal reserve | 2,118,575 | 613,582 | |
| 8. | Profit to be allocated to reserves for investment into own shares | 0 | 0 | |
| 9. | Profit to be allocated to other reserves: | 2,461,713 | 712,961 | |
| 9.1 | for the maintenance of heat units | 345,280 | 100,000 | |
| 9.2 | for investments approved in AB Kauno Energija investment plan for the year 2015 | 1,425,873 | 412,961 | |
| 9.3 | for sponsorship* | 690,560 | 200,000 | |
| 10. | Profit to be allocated for dividends (0,003 Eur/share) | 443,364 | 128,407 | |
| 11. | Profit to be allocated for annual disbursements (tantiemes) for the year 2014 for the members of the Management Board | 0 | 0 | |
| 12. | Profit (loss) at the end of the reporting financial year brought forward to the next financial year | 0 | 0 | |
* Including sponsorship to the public institution "Žalgirio krepšinio centras" (Žalgiris basketball centre) in amount of LTL 500,000 / EUR 144,810.01 obeying the decision of Extraordinary General Meeting of Shareholders of 12 November 2014.
3. Change in Statutes of AB Kauno Energija.
Resolution: to change Statutes of AB Kauno Energija by putting them in new edition and to authorise General Manager of AB Kauno Energija Mr. Rimantas Bakas for signing the text of changed AB Kauno Energija statutes.
Jovita Sereikienė, Head of Asset Management Department, +370 37 305 664
