DECISIONS TAKEN AT THE GENERAL MEETING OF SHAREHOLDERS HELD ON 29/04/2008
The following decisions were taken at the General Meeting of Shareholders of
AB “Vilniaus Baldai” which was held on the 29th of April 2008:
Item1 of the Agenda: The annual report of the Company of the year 2007.
The meeting attended the annual report of the Company of the year 2007.
Item2 of the Agenda: The conclusions of the Company's audit.
The meeting attended the conclusions of auditor UAB „Ernst&Young Baltic“of the
year
2007.
Item3 of the Agenda: Approval Company financial statements for the
Year ended 31 December 2007.
Resolution: To approve Company financial statements for the
Year ended 31 December 2007.
Item4 of the Agenda: Approval consolidated financial statements for the
Year ended 31 December 2007.
Resolution: To approve consolidated financial statements for the
Year ended 31 December 2007.
Item5 of the Agenda: Appropriation of the Company's profit of the year 2007.
Resolution: To approve the appropriation of profit of the year 2007 as follows:
- Non-appropriated profit at the end of the year 2006 919 713 LTL (266 367
EUR)
- Net profit of the reporting period - 1 799 363 LTL (521 132 EUR)
- Total profit to be appropriated - 2 719 076 LTL (787 499 EUR):
- Renewable reserve funds 198 116 LTL (57 378 EUR)
- Distributable earnings 2 917 192 LTL (844 877
EUR)
- Transfers to the obligatory reserves 199 750 LTL (57 852 EUR)
- Transfers to other reserves -
- To be paid as dividends -
- To be paid as annual payments (bonus) to board of
directors,
-
- Undistributed retained earnings, carried forward 2 717 442 LTL (787 025 EUR)
Item6 of the Agenda: Election of board of directors
Resolution: elected board members : Vytautas Bučas, Darius Šulnis, Raimondas
Rajeckas for next four years.
Additional information:
Chief Financial Officer
Jelena Makmak
+370 (5) 2525 720