On the 27th of April 2012 the Annual General Shareholders Meeting of Vilniaus baldai AB adopted the following resolutions:
Item 1 of the Agenda:Consolidated annual report.
The Company‘s consolidated annual report for 2011 was presented.
Item 2 of the Agenda:Company’s auditor’s report.
The report of auditor PricewaterhouseCoopers UAB for 2011 was presented.
Item 3 of the Agenda:Approval of the Company’s financial statements for 2011.
Resolution: to approve Company’s financial statements for 2011.
Item 4 of the Agenda:Approval of the Company‘s consolidated financial statements for 2011.
Resolution: to approve Company‘s consolidated financial statements for 2011.
Item 5 of the Agenda:Approval of the Company‘s profit distribution.
Resolution: to approve Company‘s profit distribution.
Undistributed retained earnings, brought forward 15 072 553 LTL 4 365 313 EUR
Net result for the current year 26 823 641 LTL 7 768 663 EUR
Distributable result 41 896 194 LTL 12 133 976 EUR
Transfers to the obligatory reserves – –
Profit transfers to the reserves for own shares acquisition – –
Transfers to other reserves – –
To be paid as dividends* 38 862 670 LTL 11 255 407 EUR
To be paid as annual payments (bonus) to board of 3 000 000 LTL 868 860 EUR
Undistributed retained earnings, carried forward 33 524 LTL 9 709 EUR
*10 LTL (2.90 EUR) of dividends per one ordinary share.
Item 6 of the Agenda:Company’s members of the Board re-election.
Resolution: to elect Vytautas Bucas, Dalius Kaziunas and Darius Sulnis to the Board of Vilniaus Baldai AB for the new 4 (four) years term of office
Please find the attached Vilniaus Baldai AB audited consolidated company’s financial statements for the year ended 31 December 2011 with independent auditor’s report.
Enclosed:
1. Confirmation of responsible persons;
2. Independent auditor’s report, consolidated annual report, consolidated and company’s financial statements for the year ended 31 December 2011.
Additional information:
Chief Financial Officer
Ausra Kibirkstiene
Phone No.: +370 (5) 2525720