According to the registration data shareholders or their authorized persons are present at the meeting, which makes owners of 2 409 165 shares with a right of voting and which makes 94.51% of paid statute capital.
1. Report of the Board on the results of 2016
With 100% of the votes of eligible shareholders present the decision has been taken:
To approve the Report of the Board of Joint Stock company.
2. Report of the Council on the results of 2016
With 100% of the votes of eligible shareholders present the decision has been taken:
To approve the Report of the Council of Joint Stock company.
3 Revision committee report on the 2016 results
With 100% of the votes of eligible shareholders present the decision has been taken:
To take into consideration revision committee report on the 2016 results of operations.
4. Report of the sworn auditor
With 100% of the votes of eligible shareholders present the decision has been taken:
To approve the Report of the sworn auditor of Joint Stock company.
5. Approval of the balance sheet of 2016
With 100% of the votes of eligible shareholders present the decision has been taken:
To approve the balance sheet of 2016 of Joint Stock company.
6. Sharing of profit of 2016
With 100% of the votes of eligible shareholders present the decision has been taken:
Year 2016 losses (1 004 681 EUR) is expected to cover with future taxable profits received from the production.
7. Approval of the budget and plan of activities of year 2017 for JSC “VEF Radiotehnika RRR”
With 100% of the votes of eligible shareholders present the decision has been taken:
To approve the budget and plan of activities of year 2017 for JSC “VEF Radiotehnika RRR”:
| 1 Income | 1267325 |
|
1.1.Income from rent and public services 1.2. Income from selling produced goods |
589325 678000 |
| 2. Industrial expenses | 1081607 |
| 2.1. Depreciation | 192714 |
| 2.2. Salary with tax | 137300 |
| 2.3.Public services | 530393 |
| 2.3. Industrial materials and services | 221200 |
| 3. Gross profit | 185718 |
| 4. Selling costs | 15860 |
| 5. Indirect costs | 76930 |
| 6. Profit from other commercial activity | 92928 |
| 7. Interest payment | - |
| 8.Profit before property interest | 92928 |
| 9. Immovable property interest | 4928 |
| 10.Profit after interest | 88000 |
8. Election of sworn auditor
With 100% of the votes of eligible shareholders present the decision has been taken:
To elect SIA “Grant Thornton Baltic ”, Reģ. Nr. 50003619401 (certificate Nr. 155) as sworn auditor of JSC “VEF Radiotehnika RRR” for year 2017 and establish remuneration to the Auditor as amounting to EUR 5400
9. Election of the audit committee
With 100% of the votes of eligible shareholders present the decision has been taken:
Hand over the tasks of the audit committee to the supervisory authority - the Council
10. Other questions
No other questions was discussed.
Extract of minutes of the annual general meeting attached.
