2005.07.27, 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