Last update: 25.11.2024 07:00 (GMT+2)

LEN: The result of activity for the first half of 2005

27.07.2005, Lietuvos energijos gamyba (until 2011), VLN
Lietuvos energija AB                  Stock Exchange Release                27.07.2005

The result of activity for the first half of 2005

The preliminary result of Lietuvos energija AB activity for the first half of 2005 –
not audited profit before tax is LTLm14.5 (EURm4.2) (for the first half of 2004 - LTLm63
EURm18.25)).
The main reasons of profit reduction are a decrease of electricity export due to the work
of only one unit of Ignalina Nuclear Power Plant and an increase of depreciation expenses.
The increase of depreciation is conditioned by results of revaluation of company’s tangible
assets, which are reflected in the financial statements of Lietuvos energija AB.
EBITDA is LTLm93.2 (EURm27) (for the first half of 2004 – LTLm98.6 (EURm28.56)).

Ona Garnienė
Senior Accountant
(8-5) 2782457


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