The audited activity results of AB Kauno Energija

The audited result of AB Kauno Energija (hereinafter – the Company) (company code – 235014830) activities of the year 2016 is profit in amount of EUR 6,901 thousand, turnover from sales is EUR 61,188 thousand. The audited result of activities of the Group which as at 31 December, 2016 consists of AB Kauno Energija and of its subsidiaries – UAB Kauno Energija NT (code – 303042623) and UAB Petrašiūnų Katilinė (code – 304217723; 100 % block of shares acquired on October 27, 2016) of the year 2016 is profit in amount of EUR 6,957 thousand, turnover from sales is EUR 61,178 thousand.

EBITDA of the year 2016 is: Company’s – EUR 14,631 thousand, Group’s – EUR 14,787 thousand.

Company’s audited profit of the year 2016, in comparison to non-audited profit of the year 2016, Increased due reversal of the provision in amount EUR 2 268 thousand for the guarantee of the subsidiary UAB „Petrašiūnai katilinė“.

We hereby present the audited AB Kauno Energija consolidated and Company’s financial statements of the year 2016 prepared according to the International financial reporting standards accredited to use in European Union, along with the confirmation of responsible persons.

         Loreta Miliauskienė, Head of the Economics and Planning Department, tel. +370 37 305 855