Net profits of JSC Valmieras stikla šķiedra as mentioned in our unaudited annual report amount to LVL 144.250 (EUR 205.249), while the audited annual report states a net profit of LVL 64.353 (EUR 91.566). The main reason for this reduction is adherence to the precautionary accounting principle concerning the acknowledgement of tax losses: After the audit, we reduced accrued latent income tax by LVL 137.594 (EUR 195.779). JSC Valmieras stikla šķiedra Controller Lauma Tjuniņa Phone +371 64202222 Mobile +371 26441429 Fax +371 64281216 lauma@vss.lv