Correction: The Board approved financial statements for the year 2018 and convokes the Annual General Meeting of Shareholders’
Correction: Social Responsibility Report 2018 in 115 page was - bought „267,785 thousands tons“ of milk, should be „267,785 tons“
The Board approved financial statements for the year 2018 and convokes the Annual General Meeting of Shareholders’
On 5 April 2019 the Board of Vilkyškių pieninė AB (hereinafter “Vilkyškių pieninė AB” or “the Company”) decided:
- To approve the Company’s annual report for the year 2018, prepared by the Company and assessed by the auditors, and to propose to the Company’s Annual General Meeting of Shareholders to approve Company’s consolidated annual report.
- To approve the draft of the audited separated and consolidated financial statements of the Company for the year 2018 and to propose to the Company’s Annual General Meeting of Shareholders to approve the draft of the Company’s separate and consolidated financial statements for the year 2018.
In 2018, Vilkyškių pieninė AB Group sales revenue amounted to mEUR 103.2 down by 9.5 percent from mEUR 113.9 in 2017. In 2018, the net loss mEUR 1.2, decrease by mEUR 7.9 comparing to the last year (in 2017, the net profit was mEUR 6.7)
- To approve the allocation project of the Company’s audited net profit (loss) under IAS for the year 2018 and to propose it to the Company’s Annual General Meeting of Shareholders to approve.
Resolution: To approve the audited net profit (loss) allocation under IAS for the year 2018 as follows:
| thousand EUR | |
| 1) Non-appropriated profit (loss) at the end of the year 2017 | 21,727 |
| 2) Approved by shareholders dividends of the year 2017 | (1,672) |
| 3) Transfers from the reserve to purchase own shares | 2,508 |
| 4) Non-appropriated profit (loss) at the beginning of the current financial year after dividends payout and transfer from reserves | 22,563 |
| 5) Net profit (loss) of the reporting period | (2,028) |
| 6) Transfers from reserves | 129 |
| 7) Net profit to be appropriated at the end of the current financial year | 20,664 |
| 8) Total profit (loss) to be appropriated: | |
| - |
| - |
| - |
| 9) Non-appropriated profit (loss) at the end of the current financial year carried forward to next financial year | 20,664 |
- To convoke the Annual General Meeting of Shareholders at the office of Vilkyskiu pienine AB (P.Lukošaičio g. 14, Vilkyškiai, LT-99254 Pagėgių sav., Lithuania), at 15.00 on 26 April 2019, and to propose to the Annual General Meeting of Shareholders’ the following draft agenda:
1) Approval of the Company's annual report for the year 2018.
2) The Company's auditor's report of separated and consolidated financial statements of the Company for the year 2018.
3) Approval of Company's separate and consolidated financial statements for the year 2018.
4) Net Profit appropriation of the year 2018.
Vilija Milaseviciutė
Economics and Finance Director
phone
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