Draft Resolutions of Shareholders Meeting of the J

Liepaja, 2013-07-15 15:40 CEST (GLOBE NEWSWIRE) -- Agenda and draft resolutions of examinable issues of shareholders meeting of JSC “Liep?jas Metalurgs” to be held on July 29, 2013:

1. Council’s Report of the Joint-Stock Company "Liep?jas metalurgs" on performance results in the year 2012.

- The Board of the Joint-Stock Company "Liep?jas metalurgs" proposes to take notice of the Report on the performance results in the year 2012.

 2. Approval of Financial Report of the Joint-Stock Company "Liep?jas metalurgs" for 2012 and the Consolidated Financial Report of the Joint-Stock Company "Liep?jas metalurgs" for 2012.

- The Board of the Joint-Stock Company "Liep?jas metalurgs" proposes to approve the financial report of  JSC "Liep?jas metalurgs" for the year 2012 and the consolidated reports for year 2012.

 3. Distribution of profit of the Joint-Stock Company "Liep?jas metalurgs" in the year 2012

- The Board of the Joint-Stock Company "Liep?jas metalurgs" proposes to take notice of losses LVL 11294203 (EUR 16070203) for the year 2012.

 4. Approval of budget of the Joint-Stock Company "Liep?jas metalurgs" for 2013

- The Board of the Joint-Stock Company "Liep?jas metalurgs" proposes to approve the budget for year 2013 with the expected revenues 187 208 thousand LVL (266 373 thousand EUR), expenses 220 333 thousand LVL (313 504 thousand EUR) and losses 33 125 thousand LVL (47 131 thousand EUR).

 5. Electing a Certified auditor.

- Board of the Joint-Stock Company "Liep?jas metalurgs" proposes the functions of Certified auditor to be carried out by the audit company “PricewaterhouseCoopers” Ltd.

 6. Other issues.

         L?ga Šenfelde          Assistant to the Chief Economist          63455926, shenfelde@metalurgs.lv