On the initiative and decision of the Company’s Management Board the Ordinary General Shareholders Meeting of Vilniaus baldai AB (identification code 121922783, address Savanoriu ave. 178, Vilnius. LT-03154) is to be held on 28 April, 2011 at 10:30 a. m. in Savanoriu ave. 178, Vilnius.
Registration of the shareholders will start at 10:00 a. m. Only the persons who are the shareholders of the Company at the end of the accounting day of the Ordinary General Shareholders Meeting (April 20, 2011) are entitled to participate and to vote at the General Shareholders meeting. Shareholders‘ rights accounting day – May 12, 2011.
The Management Board of Vilniaus baldai AB approved the Company‘s draft resolutions of the Annual General Shareholders meeting:
1. Consolidated annual report.
1.1. To get acquainted with Company‘s consolidated annual report for 2010.
2. Company’s auditor’s report.
2.1. To get acquainted with Company‘s auditor‘s report.
3. Approval of the Company’s financial statements for 2010.
3.1. To approve Company’s financial statements for 2010.
4. Approval of the Company‘s consolidated financial statements for 2010.
4.1. To approve Company‘s consolidated financial statements for 2010.
5. Approval of the Company‘s profit distribution for 2010.
5.1. To approve Company‘s profit distribution:
Undistributed retained earnings, brought forward 2 769 563 LTL 802 121 EUR
Net result for the current year 27 848 058 8 065 355
LTL EUR
Distributable result 30 617 621 8 867 476
LTL EUR
Transfers to the obligatory reserves – –
Profit transfers to the reserves for own shares – –
acquisition
Transfers to other reserves – –
To be paid as dividends 11 658 801 3 376 622
LTL EUR
To be paid as annual payments (bonus) to board of 399 000 LTL 115 558 EUR
Undistributed retained earnings, carried forward 18 559 820 5 375 296
LTL EUR
3 LTL (0.87 EUR) of dividends per one ordinary share.
The documents related to the agenda, draft resolutions on every item of agenda, documents what have to be submitted to the General Shareholders Meeting and other information related to realization of shareholders rights are available at the registered office of the Company during working hours.
For further information please contact + 370 5 2525720.
1. Vilniaus baldai AB annual audited financial statements (.pdf)
2. General voting bulletin (.pdf)