08.02.2005, Rytų skirstomieji tinklai, VLN

Rytu Skirstomieji Tinklai AB

Company event



Preliminary result for the year 2004



A preliminary result of operation of the company is a pre-audited pre-tax profit

of LTL 101.4 million. The financial results have been calculated taking into

account long-term fixed asset revaluation. According to the

performed valuation of long-term fixed assets of Rytu skirstomieji tinklai AB,

the value of the company's assets increased by a factor of 3.3 from LTL 725.2 m

to LTL 2.4 bn. A financial loss has appeared due to negative revaluation results

of separate groups of assets.





Artur Grigorian

Specialist of Asset Management Division

(+370 5) 251 2638