Resolutions of the Annual General Shareholders Mee
Post# of 301275
Vilnius, Lithuania, 2016-12-20 11:03 CET (GLOBE NEWSWIRE) --
On the 20th of December 2016 the Annual General Shareholders Meeting of Vilniaus baldai AB adopted the following resolutions:
Agenda item #1: Consolidated annual report. The Company‘s consolidated annual report for the FY 2016 ended 31 August 2016.
Agenda item #2: Company's auditor's report. The report of auditor KPMG Baltics UAB for the FY 2016 ended 31 August 2016 was presented.
Agenda item #3: Approval of the Company's financial statements for the FY 2016 ended 31 August 2016. Resolution: to approve Company's financial statements for the FY 2016 ended 31 August 2016.
Agenda item #4: Approval of the Company‘s consolidated financial statements for the FY 2016 ended 31 August 2016. Resolution: to approve Company‘s consolidated financial statements for the FY 2016 ended 31 August 2016.
Agenda item #5: Approval of the Company‘s profit distribution. Resolution: to approve Company‘s profit distribution.
| Undistributed retained earnings, brought forward | 3 023 764 EUR |
| Net result for the current year | 3 237 730 EUR |
| Profit (loss) not recognized in the income statement of the reporting financial year | 21 064 EUR |
| Distributable result | 6 282 558 EUR |
| Transfers to the obligatory reserves | - |
| Transfers to other reserves | - |
| To be paid as dividends* | 1 049 292 EUR |
| To be paid as annual payments (bonus) to the Board members | 90 000 EUR |
| Undistributed retained earnings, carried forward | 5 143 266 EUR |
* 0.27 EUR dividends per one ordinary share.
Additional information: Head of Finance Jonas Krutinis Phone No.: +370 (5) 252 57 00
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