On the 29th of April 2014 the Annual General Shareholders Meeting of Vilniaus baldai AB adopted the following resolutions:
Item1 of the Agenda: Consolidated annual report.
The Company‘s consolidated annual report for 2013 was presented.
Item2 of the Agenda: Company’s auditor’s report.
The report of auditor PricewaterhouseCoopers UAB for 2013 was presented.
Item3 of the Agenda: Approval of the Company’s financial statements for 2013.
Resolution: to approve Company’s financial statements for 2013.
Item4 of the Agenda: Approval of the Company’s consolidated financial statements for 2013.
Resolution: to approve Company’s consolidated financial statements for 2013.
Item5 of the Agenda: Approval of the Company’s profit distribution.
Resolution: to approve Company’s profit distribution.
Undistributed retained earnings, brought forward 29 857 089 LTL (8 647 210 EUR)
Net result for the current year 14 339 430 LTL (4 152 986 EUR)
Profit (loss) not recognized in the income
statement of the reporting financial year 57 789 LTL (16 737 EUR)
Transfer from the reserve for own shares acquisition 25 000 000 LTL (7 240 500 EUR)
Distributable result 69 254 308 LTL (20 057 433 EUR)
Transfers to the obligatory reserves – –
Profit transfers to the reserves for own shares acquisition – –
Transfers to other reserves – –
To be paid as dividends for the period shorter than financial year (30 June, 2013)* 34 976 403 LTL (10 129 866 EUR)
To be paid as dividends** 34 199 150 LTL (9 904 758 EUR)
To be paid as annual payments (bonus) to board of – –
Undistributed retained earnings, carried forward 78 755 LTL (22 809 EUR)
*9 LTL (2.61 EUR) of dividends per one ordinary share
**8.8 LTL (2.55 EUR) of dividends per one ordinary share.