On 30.04.2008 the Annual General Shareholders Meeting of Invalda AB adopted the following resolutions:
1. To approve Company’s financial statements for 2007.
2. To approve of consolidated financial statements for 2007.
3. To approve the distribution of Company’s profit:
Undistributed result – profit (loss) – at the end of the 2006 financial year: 489,478 LTL (141,763 EUR)
Net profit for the current financial year: 86,804,754 LTL (25,140,394 EUR)
Income (expenses) recognised directly in equity: (40,141,191) LTL (11,625,692) EUR)
Transfers from compulsory reserves: 243,953 LTL (70,654 EUR)
Shareholders contribution against losses: 0 LTL (0 EUR)
Profit allocation: 47,396,994 LTL (13,727,118 EUR)
– to the compulsory reserves: 0 LTL (0 EUR)
– to reserves for own shares acquisition: 34,626,339.30 LTL (10,028,481.03 EUR)
– to other reserves: 0 LTL (0 EUR)
– for dividends: 12,770,654.70 LTL (3,698,637.25 EUR), 0.30 LTL (0.09 EUR) per share
– for the payment of annual bonuses to the Board members, payment of incentives to employees and other allocations: 0 LTL (0 EUR)
Undistributed profit for the current financial year to be carried forward to the next financial year: 0 LTL (0 EUR)