AB Akola Group

Quarterly Report • May 29, 2015

Linas AB Company code 147689083 S. Kerbedzio str.23, Panevezys

May 29, 2015

CONFIRMATION OF RESPONSIBLE PERSONS

Following 22 article of the Law of Securities of Lithuanian Republic and acc.to the requirements of the Board of Lithuanian Bank regulations for periodic and additional information submission and presentation, we, Saulius Šidlauskas, director of Linas AB, and Daiva Minkevičienė, chief accountant – chief of section of accounting and analysis of Linas AB, hereby confirm that, to the best of our knowledge, interim consolidated financial statements of Linas AB Group of companies of the three months of 2015 prepared in accordance with International Financial Reporting Standards as adopted by the European Union.

The interim consolidated financial statements of the three months of 2015 give a true and fair view of Linas AB and consolidated property of Group of companies, liabilities, financial position, profit (loss) and cash flows. Interim financial statements were not audited.

Director of Linas AB Saulius Šidlauskas

Chief accountant – chief of section Daiva Minkevičienė of accounting and analysis of Linas AB

LINAS AB INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF THE THREE MONTHS OF 2015

2015 03 31

SUMMARY

Consolidated Statement of Financial Position	3
Consolidated Statement of Profit or Loss and Other Comprehensive Income	5
Consolidated Statement of Changes in Equity	6
Consolidated Statement of Cash Flows	7
Explanatory Memorandum	8

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

Formulated according to IFRS, not audited

	Current period 01 01 2015 – 31 03 2015		EUR
No.	ASSETS	2015-03-31	2014-12-31
A.	Long-term assets	2.131.060	2.133.055
I.	Intangible assets	1.594	1.703
I.1.	Developmental works	0	0
I.2.	Prestige	0	0
I.3.	Patents, licenses	0	0
I.4.	Software	1.594	1.703
I.5.	Other intangible assets	0	0
II.	Tangible assets	510.577	517.416
II.1.	Land	0	0
II.2.	Buildings	0	0
II.3.	Structures	3.088	3.254
II.4.	Machinery and equipment	435.382	466.257
II.5.	Means of transport	25.857	27.204
II.6.	Other equipment, appliances, instruments and gear	18.950	20.701
II.7.	Constructions in progress	0	0
II.8.	Other tangible assets	27.300	0
III.	Investment property	0	0
IV.	Financial assets	1.617.659	1.612.707
IV.1.	Investments to affiliates and associated companies	0	0
IV.2.	Loans to affiliates and associated companies	0	0
IV.3.	Amounts received after one year	1.617.369	1.612.417
IV.4.	Other financial assets	290	290
V.	Other long-term assets	1.230	1.229
V.1.	Deferred corporation tax assets	1.230	1.229
V.2.	Other long-term assets	0	0
B.	Short-term assets	6.192.323	5.828.406
I.	Stocks, prepayments and contracts in progress	4.000.938	3.039.113
I.1.	Stocks	3.516.325	2.931.423
I.1.1.	Raw materials and consumables	1.851.716	1.398.067
I.1.2.	Work in progress	103.063	69.579
I.1.3.	Finished products	1.559.400	1.456.782
I.1.4.	Goods purchased for resale	2.146	6.995
I.1.5.	Other stocks	0	0
I.2.	Prepayments	484.613	107.690
I.3.	Contracts in progress	0	0
II.	Amounts receivable within one year	1.570.313	2.234.879
II.1.	Trade debtors	1.044.967	1.769.429
II.2.	Debts of affiliates and associated companies	0	0
II.3.	Other amounts receivable	525.346	465.450
III.	Other short-term assets	0	0
III.1.	Short-term investments	0	0
III.2.	Term deposits	0	0
III.3.	Other short-term assets	0	0
IV.	Currency and its equivalents	621.072	554.414
	Total assets	8.323.383	7.961.461

No.	PRIVATE ASSETS AND LIABILITIES	2015-03-31	2014-12-31
C.	Private assets	6.222.555	6.160.412
I.	Capital	6.971.307	6.962.173
I.1.	Subscribed capital	6.971.307	6.962.173
I.2.	Signed unpaid capital (-)	0	0
I.3.	Shares premiums	0	0
I.4.	Private shares(-)	0	0
II.	Revaluation reserve (results)	0	0
III.	Reserves	174.062	174.062
III.1.	Obligatory	290	290
III.2.	For purchase of proprietary shares	0	0
III.3.	Other reserves	173.772	173.772
IV.	Profit (loss) brought forward	(922.814)	(975.823)
IV.1.	Profit (loss) of the current year	53.009	(1.011.226)
IV.1.1.	Profit (loss) acknowledged in statement of	53.009	(1.011.226)
	profit or loss and other comprehensive income
IV.1.2.	Profit (loss) not acknowledged in statement of	0	0
	profit or loss and other comprehensive income
IV.2.	Profit (loss) of the previous year	(975.823)	35.403
V.	Non-controlling interest	0	0
D.	Grants, subsidies	1.193	399
E.	Amounts payable and liabilities	2.099.635	1.800.650
I.	Amounts payable after one year and long term liabilities	113.453	113.453
I.1.	Financial debts	0	0
I.1.1.	Leasing (financial rents) or similar liabilities	0	0
I.1.2.	To credit organizations	0	0
I.1.3.	Other financial debts	0	0
I.2.	Debts to suppliers	0	0
I.3.	Received prepayments	11.345	11.345
I.4.	Suspensions	0	0
I.4.1.	Reimbursement of liabilities and demands	0	0
I.4.2.	Pensions and similar liabilities	0	0
I.4.3.	Other suspensions	0	0
I.5.	Suspended taxes	0	0
I.6.	Other amounts payable and long-term liabilities	102.108	102.108
II.	Amounts payable within one year and short-term liabilities	1.986.182	1.687.197
II.1.	Short term portion of long-term debts	0	0
II.2.	Financial debts	0	0
II.2.1.	To credit organizations	0	0
II.2.2.	Other financial debts	0	0
II.3.	Debts to suppliers	1.243.389	885.990
II.4.	Received prepayments	70.063	115.392
II.5.	Liabilities of income taxes	108.587	108.587
II.6.	Liabilities related to work relations	448.964	417.216
II.7.	Suspensions	0	0
II.8.	Other amounts payable and short-term liabilities	115.179	160.012
	Total proprietary capital and liabilities	8.323.383	7.961.461

Linas AB, company code 147689083, S. Kerbedzio str. 23, Panevezys Interim Consolidated financial statements of the three months of 2015 4

Director Saulius Šidlauskas

Chief accountant – chief of section of accounting and analysis Daiva Minkeviciene

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Formulated according to IFRS, not audited

	Current period 01 01 2015 – 31 03 2015		EUR
		01-03 months	01-03 months
No.	ARTICLES	of 2015	of 2014
I.	SALE INCOME	2.441.525	2.650.862
I.1.	Income for sold goods	2.231.971	2.473.014
I.2.	Income for sold services	209.554	177.848
II.	SALE COST PRICE	1.624.808	1.771.597
II.1.	Cost price of sold production	1.534.928	1.688.272
II.2.	Cost price of sold services	89.880	83.325
III.	GROSS PROFIT (LOSS)	816.717	879.265
IV.	OPERATING EXPENSES	770.761	705.095
IV.1	Sale	195.497	175.057
IV.2	General and administrative	575.264	530.038
V.	PROFIT (LOSS) OF STANDARD ACTIVITY	45.956	174.170
VI.	OTHER OPERATIONS	969	(3.583)
VI.1.	Income	48.289	37.060
VI.2.	Expenses	47.320	40.643
VII.	FINANCIAL AND INVESTMENT	6.084	(965)
	ACTIVITIES
VII.1.	Income	16.476	74
VII.2.	Expenses	10.392	1.039
VIII.	PROFIT (LOSS) FROM ORDINARY ACTIVITIES	53.009	169.622
IX.	PROFIT (LOSS) BEFORE TAXES	53.009	169.622
X.	PROFIT TAX	0	0
	PROFIT (LOSS) BEFORE NON
XI.	CONTROLLING INTEREST	53.009	169.622
XII.	NON-CONTROLLING INTEREST	0	0
XIII.	NET PROFIT (LOSS)	53.009	169.622
XIV.	OTHER COMPREHENSIVE INCOME	0	0
XV.	Earnings (loss) per share	0,01	0,02

Director Saulius Šidlauskas

Chief accountant – chief of section of accounting and analysis Daiva Minkeviciene

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Current period 01 01 2015 – 31 03 2015 EUR

					Revaluation		reserve (results) Law covered reserves	Other reserves
	Paid-up authorized capital	Additions to shares	Proprietary shares (-)	Long term tangible assets	Financial	assets Obligatory	Proprietary shares procure ment	Support reserves and other payouts according to collective agreement	Other reserves	Profit (loss) brought forward	Total
	1	2	3	4	5	6	7	8	9	10	11
Remainder on 31 December, 2013	6.962.173	0	0	0	0	696.507	0	0	86.886	(573.928)	7.171.638
Profit/loss not acknowledged in statement of profit or loss and other comprehensive income											0
Net profit / loss of the current period										169.622	169.622
Remainder on 31 March, 2014	6.962.173	0	0	0	0	696.507	0	0	86.886	(404.306)	7.341.260
Profit/loss not acknowledged in statement of profit or loss and other comprehensive income											0
Net profit / loss of the current period											(1.180.848) (1.180.848)
Formed reserves									173.772	(173.772)	0
Liquidates reserves						(696.217)			(86.886)	783.103	0
Remainder on 31 December, 2014	6.962.173	0	0	0	0	290	0	0	173.772	(975.823)	6.160.412
Profit/loss not acknowledged in statement of profit or loss and other comprehensive income											0
Authorized capital difference, appeared recalculating authrorized capital expressed in Lt into EUR	9.134										9.134
Net profit / loss of the current period										53.009	53.009
Remainder on 31 March, 2015	6.971.307	0	0	0	0	290	0	0	173.772	(922.814)	6.222.555

Director Saulius Šidlauskas

Chief accountant – chief of section of accounting and analysis Daiva Minkeviciene

CONSOLIDATED STATEMENT OF CASH FLOWS

Current period 01 01 2015 – 31 03 2015

	Formed in direct pattern, not audited		EUR
No.	Articles	01-03 months	01-03 months
		of 2015	of 2014
I.	Primary activity currency circulation
I.1.	Earnings of report period (including VAT)	3.261.064	3.151.671
I.1.1.	Earnings from clients	3.208.363	3.146.459
I.1.2.	Other earnings	52.701	5.212
I.2.	Report period payouts	(3.162.393)	(2.815.745)
I.2.1.	Payouts to suppliers of products, raw materials and services(including VAT)	(2.524.798)	(2.249.887)
I.2.2.	Monetary payouts related to work relations	(579.168)	(538.705)
I.2.3.	Taxes paid to budget	(21.804)	(36)
I.2.4.	Other payouts	(36.623)	(27.117)
	Cash circulation of primary activity	98.671	335.926
II.	Currency circulation of investment activity
II.1.	Procurement of long-term assets (excluding investments)	(35.979)	(58.795)
II.2.	Transfer of long-term assets (excluding investments)	1.800	0
II.3.	Procurement of long-term investments	0	0
II.4.	Procurement of short-term investments	0	0
II.5.	Transfer of short-term investments	0	0
II.6.	Transfer of long-term investments	0	0
II.7.	Provision of loans	0	(1.448)
II.8.	Return of loans	0	0
II.9.	Received dividends	0	0
II.10.	Interest received for loans granted and investment	0	0
II.11.	Other currency circulation increases of investment activities	0	0
II.12.	Other currency circulation decreases of investment activities	0	0
	Cash circulation of investment activity	(34.179)	(60.243)
III.	Currency circulation of financial activity
III.1.	Currency circulation related to company owners	0	0
III.1.1.	Emission of shares	0	0
III.1.2.	Owners' contributions to loss reimbursements	0	0
III.1.3.	Procurement of own shares	0	0
III.1.4.	Payout of dividends	0	0
III.2.	Currency circulation related to other financial sources	(314)	(526)
III.2.1.	Increase of financial debts	0	0
	III.2.1.1. Receipt of loans from credit institutions	0	0
	III.2.1.2. Receipt of loans from associated and third parties	0	0
	III.2.1.3. Emission of bonds	0	0
III.2.2.	Reduction of financial debts	(355)	(536)
	III.2.2.1. Return of loans to credit institutions	0	0
	III.2.2.2. Return of loans to associated and third parties	0	0
	III.2.2.3. Procurement of own bonds	0	0
	III.2.2.4. Returned interests	(355)	(536)
	III.2.2.5. Leasing (financial rent) payments	0	0
III.2.3.	Interests received for bank accounts	41	10
III.2.4.	Increase of company's other liabilities	0	0
III.2.5.	Reduction of company's other liabilities	0	0
III.3.	Other increases of currency circulation of financial activity	202	0
III.4.	Other reductions of currency circulation of financial activity	(804)	(155)
	Cash circulation of financial activity	(916)	(681)
	Impact of currency exchange rates to cash and equivalent currency
IV.	remainder	3.082	(274)
V.	Net currency circulation increase (reduction)	66.658	274.728
VI.	Currency and currency equivalents at the beginning of the period	554.414	426.374
VII.	Currency and currency equivalents at the end of the period	621.072	701.102

Director Saulius Šidlauskas

Chief accountant – chief of section of accounting and analysis Daiva Minkeviciene

EXPLANATORY MEMORANDUM OF INTERIM CONSOLIDATED FINANCIAL STATEMENTS

31 March, 2015

1. General

The Linas company was launched in 1957. A public limited company Linas (further called the Company) was registered in 1993. The Company is the company of limited property liability. Company registration code is 1476 89083. Company is registered in Juridical body register, in the department of legal body registration in Public company Register center, Panevezys branch, the number of registration is 003429. Address: S.Kerbedzio Street 23, Panevezys; LT-35114. Telephone (370-45) 506100, fax (370-45) 506345. E-mail address: office@linas.lt; web page: www.linas.lt .

As of 31st of March, 2015, the Linas AB group of companies (further called as the Group) consisted of holding company Linas AB and it's affiliated company UAB Lino apdaila. UAB Lino apdaila was registered on May 23, 2008 at Legal entity register, registration No.114552, company code 301733421. Affiliated company is registered at address S. Kerbedzio Street 23, Panevezys. AB Linas own 100 % of affiliated company shares.

Since January 1, 2015 the currency of financial statements of AB "Linas" group of companies is EUR.

The shares of Linas AB are included into the current sales list of AB NASDAQ OMX Vilnius.

Authorized capital of Linas AB is 6.971.307,10 Eur, it is divided into 24.038.990 ordinary registered shares the nominal value of which is 0,29 Eur, there are no issued and not paid shares. The Company's authorized capital article sum was expressed in Lt and recalculated into Eur, the nominal value of shares was recalculated. The appeared differences are recognized as financial and investment activity expenditures of accounting period which includes the date of EUR establishment.

The Company and its affiliated company do not have subsidiaries and representatives.

On 31st of March, 2015 the average number of listed employees of the Group was 321, on 31st of March, 2014 – 319 employees.

The main Group activity is production of textile products and selling of it. AB Linas activity is sales of linen textile items; other activity of the company – management of financial asset (shares and lend loans), supply of thermal energy. Activity of UAB Lino apdaila is production of linen textile products.

Linas AB group of companies presents to the customer all yarn dyeing, weaving, finishing and sewing services from the linen yarn preparation for weaving to final product presentation. The main incomes of group of companies was received from the activity of textile goods production and sales during the 3 months of 2015. Linas AB group of companies sold linen textile goods and services for 2.442 thousand Eur during the 3 months of 2015. Comparing to the 3 months of 2014 the volume of sales decreased by 209 thousand Eur or 7,9 %.

During the 3 months of 2015 the Group's typical activity result was 46 thousand Eur profit and the result of the 3 months of 2014 was 174 thousand Eur profit.

During the 3 months of year 2015 the Group was produced and technologicaly processed: linen and tow yarns – 16 tons (3 months of year 2014 – 14 tons); raw fabrics – 168 thousand mtrs (3 months of year 2014 – 160 thousand mtrs); ready made fabrics – 408 thousand mtrs (3 months of year 2014 – 490 thousand mtrs). 32,4 % of all produced fabrics were used for sewn items during 3 months of year 2015 (3 months of year 2014 – 29,9 %). The volume of exports during 3 months of 2015 was 85,9 % of the total product sales.

The Group's typical activity results of three months of year 2015 were influenced by the decreased sales volumes because of decreased demand of linen textile products and increased activity expenditures.

During three months of 2015 the Group received 53 thousand Eur profit before taxation, the result of the same period of 2014 was 170 thousand Eur profit.

145 thousand Eur credit sum is granted to the Company acc.to the account lending contract which was signed between the bank and AB "Linas" on 2012 04 10. Company's reserves, the balancing value of which are 1.448 thousand Eur acc.to the mortgage sheets, are mortgaged for the credit sum. For the insurance of credit sum the warranty for all credit sum and term is received from UAB "Lino apdaila". The validation term of account credit contract is till April 10, 2016. Alternate interests are paid for used credit, which are accounted as three months term Eur EURIBOR plus bank margin.

Acc.to the financial obligations limit contract signed between the bank and AB "Linas" on 07 10 2013, the credit of 290 thousand Eur is granted to the Company, for which company resources are mortgaged with the latest mortgage, the balance value of which acc.to the mortgage sheets are 1.448 thousand Eur. For the insurance of credit sum the warranty for all credit sum and term is received from UAB "Lino apdaila". The validation term of the financial obligations limit contract is till October 07, 2015. Alternate interests are paid for used credit, which are accounted as six months term Eur EURIBOR plus bank margin.

AB "Linas" group of companies is able to join main values and high quality into their produced items and company's activity. The newest linen textile items or their collections of AB "Linas" group of companies are created considering coming season tendencies, stylistic trends, innovations of fashion and technologies. AB "Linas" group of companies produces and supplies reliable linen textile items for the customers who evaluate natural and modern combination, high quality of products, flexibility, production acc.to the individual orders, execution speed of orders.

Group of companies develops and improves spheres of marketing and production, tries to increase sales volumes in local and foreign markets, decrease cost prices – tries to optimize production costs and to obtain cheaper raw materials. The Group is developing projects for creating new range of products, improving quality and reducing costs.

Only significant information is presented in this explanatory memorandum which reflects accounting period economic operations and economic events which have the impact on financial state and results of the Group's accounting period. Data presented in interim financial statements and explanatory memorandum are corresponding International Financial Reporting Standards (IFRS) which are accepted to apply in the European Union (there are no deviation from international standards).

2. Accounting policy

The Group executes accounting and prepares financial statements in accordance with the legal provisions of bookkeeping and accounting, and financial reporting of the Republic of Lithuania, as well as other relevant provisions, including International Financial Reporting Standards (IFRS) which are accepted to apply in the European Union (EU).

Since January 1, 2015 changing national currency Lt into Eur, the accounting data expressed in Lt on December 31, 2014 of AB "Linas" group of companies are recalculated into accounting data expressed in Eur and transferred to January 1, 2015.

Since January 1, 2015 the accounting evaluation of long-term intangible, tangible assets was changed in AB "Linas" group of companies. In the Group it was set minimal obtaining (producing) cost price of long-term intangible, tangible assets – 900 Eur, because of national currency Lt change into Eur (recalculation of values, round) and that is why the accounted data of long-term assets up to January 1, 2015 are not changed because of insignificant difference of minimal values.

Accounting policy was not changed during the interim accounting period. The same accounting policy is applied to interim financial statements as to annual financial statements. Accounting policy applicable of the group of companies is more described in explanatory memorandum to the year of 2014 financial statements.

3. Notes of the memorandum

3.1. The information about the changes Group's long-term intangible assets and long-term tangible assets is presented in tables 1 and 2.

3.2. Usual business income of the Group comprises the revenues generated by the sale of the products, i.e. fabrics, sewn items, yarn; by provision of production manufacturing services. The information about textiles items production business branches and geographical areas segments disclosed in tables 3 and 4. It is impossible to attribute property and liabilities of the Group to abstracted segments.

3.3. The information on Group's operating expenses (Table 5 "Operating expenses").

During the interim accounting period incurred 0,6 thousand Eur activity expenditures are concerned to Eur establishment – reorganization of payment systems, premiums to employees' salaries. During years 2014 and 2015 the Group incurred totally 3 thousand Eur general administration expenditures in concern to Eur establishment, and included reorganization of payment systems, adjustment of computerized systems and data conversion, premiums to employees' salaries, bank services.

3.4. The information on the cost and revenues of other (non typical) activity of the Group (Table 6 "Other (non typical) activity").

3.5. Financial and investment activity of the Group, revenues and costs shown by material items in table 7 "Financial and investment activity".

When recalculating accounting data expressed in Lt into Eur the appeared discrepancy sum of 167 Eur was recognized as financial and investment activity incomes of interim accounting period and the expenditures of financial and investment activity was recognized 9.219 Eur, from which 9.134 Eur expenditures appeared because of recalculation of Company shares nominal value expressed in Lt into Eur and round and because of recalculation change of authorized capital value.

3.6. Basic the profit for one share is calculated dividing net profit (loss) of period in weighted average of ordinary shares issued during the period. The Group hasn't potentially converting ordinary shares, so the diluted profit attributed to one share correspond the basic profit which is given for one share. The information about the profit which is given for one share is presented in table (Table 8 "Earnings (loss) per share").

3.7. The monetary assets and liabilities items were converted into Eur at the currency rate of the balance making date.

3.8. There are significant events after last interim accounting period day.

According to Lithuanian Republic law of Eur establishment in Lithuanian Republic and acc.to Lithuanian Republic joint stock companies and closed joint stock companies authorized capital, and securities nominal value expression in Eur, and these companies regulations change order law, during the repeated ordinary general meeting of shareholders dated May 19, 2015, the shareholders of the Company confirmed that the Company's nominal value of one share is equal to 0,29 Eur, the Company's authorized capital is equal to 6.971.307,10 Eur. The changed regulations of the Company are still not registered in Legal register.

						EUR
Indicators	Developmental works	Prestige	Patents, licenses	Software	Other intangible assets	Total
Residual value at the end of previous financial year			0	1.703	0	1.703
a) Procurement cost price of long-term intangible assets
At the end of previous financial year			0	72.908	1.296	74.204
Changes of financial year			0	0	0	0
· Procurement of assets			0	0	0	0
· Written-off property because of the accounting evaluation change (-)			0	0	0	0
· Assets, transferred to other individuals and discarded (-)			0	0	0	0
· Transcription from one article to another +/(-)			0	0	0	0
At the end of interim accounting period			0	72.908	1.296	74.204
b) Amortization
At the end of previous financial year			0	71.205	1.296	72.501
Changes of financial year			0	109	0	109
· Written-off property because of the accounting evaluation change (-)			0	0	0	0
· Financial year amortization			0	109	0	109
· Restorational records (-)			0	0	0	0
· Assets, transferred to other individuals and discarded (-)			0	0	0	0
· Transcription from one article to another +/(-)			0	0	0	0
At the end of interim accounting period			0	71.314	1.296	72.610
c) Residual value at the end of interim accounting period (a) - (b)			0	1.594	0	1.594

CHANGES OF LONG-TERM INTANGIBLE ASSETS

CHANGES OF LONG-TERM TANGIBLE ASSETS

								EUR
		Buildings and	Machinery and	Means of	Other equipment, appliances,	Other tangible	Current constru
Indicators	Land	structures	equipment	transport	instruments	assets	ction	Total
Residual value at the end of previous	0	3.254	466.257	27.204	20.701	0	0	517.416
financial year
a) Procurement of cost price long-term
tangible assets
At the end of previous financial year	0	5.317	950.746	152.377	42.331	0	0	1.150.771
Changes of financial year	0	0	9.768	(1.629)	0	27.300	0	35.439
· Procurement of assets	0	0	9.768	109	0	27.300	0	37.177
· Written-off property because of the	0	0	0	0	0	0	0	0
accounting evaluation change (-)
· Assets, transferred to other individuals	0	0	0	(1.738)	0	0	0	(1.738)
and discarded (-)
· Transcription to short-time assets +/(-)	0	0	0	0	0	0	0	0
· Transcription from one article to	0	0	0	0	0	0	0	0
another +/(-)
At the end of interim accounting period	0	5.317	960.514	150.748	42.331	27.300	0	1.186.210
b) Revaluation
At the end of previous financial year	0	0	0	0	0	0	0	0
Changes of financial year	0	0	0	0	0	0	0	0
· Increase (decrease) of value +/(-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals	0	0	0	0	0	0	0	0
and discarded (-)
· Transcription from one article to	0	0	0	0	0	0	0	0
another +/(-)
At the end of interim accounting period	0	0	0	0	0	0	0	0
c) Depreciation (-)
At the end of previous financial year	0	2.063	484.489	125.173	21.630	0	0	633.355
Changes of financial year	0	166	40.643	(282)	1.751	0	0	42.278
· Written-off property because of the accounting evaluation change (-)	0	0	0	0	0	0	0	0
· Depreciation of financial year	0	166	40.643	1.274	1.751	0	0	43.834
· Restorational records (-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals and discarded (-)	0	0	0	(1.556)	0	0	0	(1.556)
· Transcription from one article to another +/(-)	0	0	0	0	0	0	0	0
At the end of interim accounting period	0	2.229	525.132	124.891	23.381	0	0	675.633
d) Decrease of value
At the end of previous financial year	0	0	0	0	0	0	0	0
Changes of financial year	0	0	0	0	0	0	0	0
· Decrease of value of financial year	0	0	0	0	0	0	0	0
· Restoration records (-)	0	0	0	0	0	0	0
								0
· Assets, transferred to other individuals and discarded (-)	0	0	0	0	0	0	0	0
· Transcription from one article to
another +/(-)	0	0	0	0	0	0	0	0
At the end of interim accounting period	0	0	0	0	0	0	0	0
e) Residual value at the end of interim
accounting period (a) + (b) - (c) - (d)	0	3.088	435.382	25.857	18.950	27.300	0	510.577

	Fabrics		Sewn products		Yarns		Production services		All Enterprises
Indicators	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03
	months	months	months	months	months	months	months	months	months	months
	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014
Income	1.268.572	1.538.505	951.728	917.419	11.671	17.090	209.554	177.848	2.441.525	2.650.862
Cost price	835.910	994.573	688.289	679.876	10.729	13.823	89.880	83.325	1.624.808	1.771.597
Gross profit (losses)	432.662	543.932	263.439	237.543	942	3.267	119.674	94.523	816.717	879.265
Operating expenses									770.761	705.095
Profit (losses) on typical activity	432.662	543.932	263.439	237.543	942	3.267	119.674	94.523	45.956	174.170
	INFOR		MATION ABOUT GEOGRAPHICAL SEG				MENTS OF TEXTILE ITE		MS PRODUCTION			4 EUR Table
					Segments (regions)
	Scandinavian countries		European countries		USA		Lithuania		Other countries		All Enterprises
Indicators	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03	01-03
	months	months	months	months	months	months	months	months	months	months	months	months
	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014
Income	703.008	590.839	1.098.359	1.269.323	143.304	140.814	344.172	385.148	152.682	264.738	2.441.525	2.650.862
Cost price	463.555	390.517	749.819	864.544	65.259	71.373	229.630	244.102	116.545	201.061	1.624.808	1.771.597

INFORMATION ABOUT SEGMENTS OF TEXTILE PRODUCTS PRODUCTION BUSINESS

Segments (production, goods, types of activity)

Table 3

EUR

174.170

45.956

63.677

36.137

141.046

114.542

69.441

78.045

404.779

348.540

200.322

239.453

activity

879.265 705.095

816.717 770.761

63.677

36.137

141.046

114.542

69.441

78.045

404.779

348.540

200.322

239.453

Gross profit (losses) Operating expenses Profit (losses) on typical

OPERATING EXPENSES

			EUR
Run		01-03 months	01-03 months
No.	Indicators	of 2015	of 2014
1	Expenses on sales	195.497	175.057
1.1	Expenses on commissions	73.153	82.041
1.2	Expenses on transporting of sold production	25.746	27.016
1.3	Expenses on production advertising and fair	37.251	25.381
1.4	Expenses on sales number employees wage and other with employees related relations	47.652	31.090
1.5	Evaluate of customers creditworthiness and insurance costs of marketable credits	6.459	6.438
1.6	Other sales expenses	5.236	3.091
2	General and administration expenses	575.264	530.038
2.1	Expenses related with employees wage and other with employees related relations	263.961	235.664
2.2	Training costs of administration employees	829	850
2.3	Rent, exploitation and repairing expenses	245.163	223.380
2.4	Expenses of security services	10.860	11.440
2.5	Expenses of deterioration and amortization of non-current asset	11.410	13.461
2.6	Expenses of info technologies	7.678	8.389
2.7	Connection expenses	2.863	3.932
2.8	Expenses of bank services	1.449	1.080
2.9	Legal services expenses	4.810	1.832
2.10	Expenses of support provided	1.933	579
2.11	Expenses of social guarantees, stated in collective agreement	2.000	0
2.12	Representation expenses	2.825	1.810
2.13	Expenses of activity tax	2.646	3.172
2.14	Low-value assets acquisition expenses	1.078	5.725
2.15	Uncertain debts expenses	0	0
2.16	Various other general and administrative expenses	15.759	18.724
3	TOTAL EXPENSES OF ACTIVITY	770.761	705.095

OTHER (NON TYPICAL) ACTIVITY

			EUR
Run.No.	Indicators	01-03 months of 2015	01-03 months of 2014
1.	INCOME OF OTHER ACTIVITY - TOTAL	48.289	37.060
	Specification of significant amount:
	1.1. Profit of non-current asset transferring	1.618	0
	1.2. Income of various storages selling	25.690	16.924
	1.3. Income of rent	19.766	19.380
	1.4. Income for accounting and administration services	0	0
	1.5. Income for thermal heating supply	225	201
	1.6. Various other non-typical activity income	990	555
2.	EXPENSES OF OTHER ACTIVITY - TOTAL Specification of significant amount:	47.320	40.643
	2.1. Loss of non-current asset transferring		0
	2.2. Net cost of sold various storages	19.209	14.241
	2.3. Net cost of rent	11.074	9.752
	2.4. Costs for accounting and administration services	14.490	14.502
	2.5. Costs for thermal heating supply	2.499	2.078
	2.6. Various other non-typical activity expenses	48	70
3.	RESULTS OF OTHER ACTIVITY (1-2)	969	(3.583)

Table 7

FINANCIAL AND INVESTMENT ACTIVITY

			EUR
		01-03	01-03
		months	months
Run.No.	Indicators	of 2015	of 2014
1.	FINANCIAL AND INVESTMENT ACTIVITY
	INCOME - TOTAL	16.476	74
	Specification of significant amount:
1.1.	Positive result of changes of currency exchange	7.880	0
1.2.	Income of bank interests	41	10
1.3.	Income of other interests	8.182	9
1.4.	Fines and penalties for the drawn debts	0	55
1.5.	Income of currency buying-selling	202	0
1.6.	Discrepancy sum appeared from the recalculating into EUR	167	0
1.7.	Income of other financial-investment activity	4	0
	FINANCIAL AND INVESTMENT ACTIVITY
2.
	EXPENSES - TOTAL	10.392	1.039
	Specification of significant amount:
2.1.	Expenses of interest	355	536
2.2.	Fines and delay fees	7	90
2.3.	Negative result of changes of currency exchange	0	256
2.4.	Expenses of currency buying-selling	807	155
	Financial assets depreciation amounts (BUAB "Nordic
2.5.	investicija" and BUAB "Domus Palanga" financial	0	0
	debts)
2.6.	Discrepancy sum appeared from the recalculating into EUR	9.219	0
2.7.	Expenses of other financial-investment activity	4	2
3.	FINANCIAL AND INVESTMENT
	ACTIVITY RESULT (1-2)	6.084	(965)

EARNINGS (LOSS) PER SHARE

		GROUP
Run. No.	Indicators	01-03 months of 2015	01-03 months of 2014
1.	Weighted average number of ordinary shares	6.971.307	6.962.173
2.	Net profit (loss), in EUR	53.009	169.622
3.	Basic and diluted earnings (loss) per share, in EUR	0,01	0,02