Last update: 21.07.2024 17:09 (GMT+3)
LIETUVOS JURU LAIVININKYSTE
MATERIAL EVENT
PRELIMINARY RESULT FROM OPERATIONS IN 2003
(Unofficial Translation Done at the NSEL)
The company Lietuvos Juru Laivininkyste AB announced a preliminary result
from operations in 2003:
- sales and services – LTL 69,961,411;
- net loss in 2003 – LTL 9,915,289.
The loss resulted from:
1) written off shares in the liquidated company Vakarų Bankas AB – LTL
230,000;
2) written off deposits in the liquidated company Vakarų Bankas AB and
liquidated bank Vneshekonombank – LTL 3,640,001;
3) written off old accrued assets transferred to the company after
LISCO reorganization – LTL 681,114;
4) fall in the dollar rate – the remaining amount.
The net loss will be covered from the accrued profit reserve.
Arvydas Stropus
Chief Accountant
(+370-46) 393126