OREANDA-NEWS. April 03, 2015. Draft Resolutions suggested by the Board of AB “Linas” for the Annual General Meeting of Shareholders to be held on 30 April 2015:

1. Audit conclusion regarding the consolidated and Company’s Annual Financial Accountability and Annual Report of year 2014.

Project of resolution: to pay attention to the auditor’s conclusions confirming AB “Linas” consolidated and Company’s financial accountability of year 2014 and to agree to the consolidated annual report of the company of year 2014.

2. Confirmation of consolidated and company’s annual financial accountability of year 2014 and presentation of consolidated annual report.

Project of resolution: to confirm AB “Linas” consolidated and company’s annual financial accountability and to agree to consolidated annual report of year 2014.

3. Company’s profit (loss) allocation of year 2014.

Project of resolution: to confirm AB “Linas” profit (loss) allocation:

1) retained loss of the previous financial year at the end of the accounting year – 345.834 Lt (100.160 EUR);

2) net loss of the accounting year  3.534.643 Lt (1.023.703 EUR);

3) profit (loss) of the accounting financial year unrecognized in the statement of comprehensive income - 0 Lt (0 EUR);

4) transfers from mandatory reserve  0 Lt (0 EUR);

5) transfers from reserve for business projects 0 Lt (0 EUR);

6) transfers from reserve for the support 0 Lt (0 EUR);

7) transfers from profit for dividend paying  0 Lt (0 EUR);

8) shareholders contributions to cover company’s looses 0 Lt (0 EUR);

9) allocated loss totally 3.880.477 Lt (1.123.864 EUR);

10) share of profit set for the mandatory reserve 0 Lt (0 EUR);

11) share of profit set for the reserve for purchase of own shares  0 Lt (0 EUR);

12) share of profit set to other reserves 0 Lt (0 EUR);

13) share of profit set for dividend paying  0 Lt (0 EUR);

14) share of profit set for annual allowances (bonuses) for the members of the board, for the employees premiums and other purposes 0 Lt (0 EUR);

15) retained loss at the end of the financial year transferred to the next financial year 3.880.477 Lt (1.123.864 EUR).

4. Cancellation of Company’s members of the Board.

Project of resolution: to recall Ramunas Lenciauskas, Daiva Minkeviciene and Gintare Dambrauskaite-Lenciauske from the Company’s members of the Board.

5. Election of Company’s members of the Board.

Project of resolution: to elect to the Board of the Company Ramunas Lenciauskas, Saulius Sidlauskas, Daiva Minkeviciene and Gintare Dambrauskaite-Lenciauske.

 

6. Confirmation of Company’s statute of new edition and authorization.

Project of resolution: to confirm statute of new edition and to authorize company director Saulius Sidlauskas to sign them.