AB Akola Group

Annual / Quarterly Financial Statement • Nov 21, 2014

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

November 21, 2014

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, Ramūnas Lenčiauskas, 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 nine months of 2014 prepared in accordance with International Financial Reporting Standards as adopted by the European Union.

The interim consolidated financial statements of the nine months of 2014 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.

LINAS AB INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF THE NINE MONTHS OF 2014

2014 09 30

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 TFAS, not audited Current period 01 01 2014 – 30 09 2014 LTL

No.	ASSETS	2014-09-30	2013-12-31
A.	Long-term assets	12.615.559	13.721.564
I.	Intangible assets	2.005	5
I.1.	Developmental works	0	0
I.2.	Prestige	0	0
I.3.	Patents, licenses	0	0
I.4.	Software	2.004	4
I.5.	Other intangible assets	1	1
II.	Tangible assets	1.877.023	2.117.483
II.1.	Land	0	0
II.2.	Buildings	0	0
II.3.	Structures	11.809	13.530
II.4.	Machinery and equipment	1.750.139	1.921.496
II.5.	Means of transport	37.552	71.110
	Other equipment, appliances, instruments and
II.6.	gear	77.523	75.645
II.7.	Constructions in progress	0	0
II.8.	Other tangible assets	0	35.702
III.	Investment property	0	0
IV.	Financial assets	10.729.512	11.597.057
IV.1.	Investments to affiliates and associated	0	0
	companies
IV.2.	Loans to affiliates and associated companies	0	0
IV.3.	Amounts received after one year	10.728.512	11.596.057
IV.4.	Other financial assets	1.000	1.000
V.	Other long-term assets	7.019	7.019
V.1.	Deferred corporation tax assets	7.019	7.019
V.2.	Other long-term assets	0	0
B.	Short-term assets	22.336.977	19.329.855
I.	Stocks, prepayments and contracts in progress	11.860.119	10.703.621
I.1.	Stocks	11.581.460	10.522.750
I.1.1.	Raw materials and consumables	5.921.103	5.673.595
I.1.2.	Work in progress	338.427	1.689
I.1.3.	Finished products	5.315.199	4.846.970
I.1.4.	Goods purchased for resale	6.731	496
I.1.5.	Other stocks	0	0
I.2.	Prepayments	278.659	180.871
I.3.	Contracts in progress	0	0
II.	Amounts receivable within one year	7.114.614	7.154.051
II.1.	Trade debtors	5.829.834	6.379.518
II.2.	Debts of affiliates and associated companies	0	0
II.3.	Other amounts receivable	1.284.780	774.533
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	3.362.244	1.472.183
	Total assets	34.952.536	33.051.419

No.	PRIVATE ASSETS AND LIABILITIES	2014-09-30	2013-12-31
C.	Private assets	27.911.727	24.762.229
I.	Capital	24.038.990	24.038.990
I.1.	Subscribed capital	24.038.990	24.038.990
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	601.000	2.704.899
III.1.	Obligatory	1.000	2.404.899
III.2.	For purchase of proprietary shares	0	0
III.3.	Other reserves	600.000	300.000
IV.	Profit (loss) brought forward	3.271.737	(1.981.660)
IV.1.	Profit (loss) of the current year	3.149.498	(2.509.976)
	Profit (loss) acknowledged in statement of
IV.1.1.	profit or loss and other comprehensive income	3.149.498	(2.509.976)
	Profit (loss) not acknowledged in statement of
IV.1.2.	profit or loss and other comprehensive income	0	0
IV.2.	Profit (loss) of the previous year	122.239	528.316
V.	Non-controlling interest	0	0
D.	Amounts payable and liabilities	7.040.809	8.289.190
I.	Amounts payable after one year and long	426.297	431.499
	term liabilities
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.	Grants, subsidies	0	0
I.3.	Debts to suppliers	0	0
I.4.	Received prepayments	73.739	73.739
I.5.	Suspensions	0	0
I.5.1.	Reimbursement of liabilities and demands	0	0
I.5.2.	Pensions and similar liabilities	0	0
I.5.3.	Other suspensions	0	0
I.6.	Suspended taxes	0	0
I.7.	Other amounts payable and long-term	352.558	357.760
	liabilities
II.	Amounts payable within one year and	6.614.512	7.857.691
	short-term liabilities
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	4.334.633	5.155.513
II.4.	Received prepayments	738.515	1.256.871
II.5.	Liabilities of income taxes	0	237.732
II.6.	Liabilities related to work relations	939.845	921.255
II.7.	Suspensions	0	0
II.8.	Other amounts payable and short-term liabilities	601.519	286.320
	Total proprietary capital and liabilities	34.952.536	33.051.419

Linas AB, company code 147689083, S. Kerbedzio str. 23, Panevezys Interim Consolidated financial statements of the nine months of 2014 4

Director Ramūnas Lenčiauskas

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

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Formulated according to TFAS, not audited

	Current period 01 01 2014 – 30 09 2014				LTL
		01-09	01-09
		months	months	IIIrd quarter	IIIrd quarter
No.	ARTICLES	of 2014	of 2013	of 2014	of 2013
I.	SALE INCOME	29.203.892	29.808.256	8.760.296	8.792.187
I.1.	Income for sold goods	27.505.140	28.161.045	8.255.250	8.418.408
I.2.	Income for sold services	1.698.752	1.647.211	505.046	373.779
II.	SALE COST PRICE	18.876.863	19.670.959	5.470.407	5.903.320
II.1.	Cost price of sold production	18.097.859	18.827.379	5.254.024	5.713.028
II.2.	Cost price of sold services	779.004	843.580	216.383	190.292
III.	GROSS PROFIT (LOSS)	10.327.029	10.137.297	3.289.889	2.888.867
IV.	OPERATING EXPENSES	7.107.724	8.298.980	2.285.673	2.256.796
IV.1	Sale	1.679.751	2.050.692	533.167	535.170
IV.2	General and administrative	5.427.973	6.248.288	1.752.506	1.721.626
V.	PROFIT (LOSS) OF STANDARD ACTIVITY	3.219.305	1.838.317	1.004.216	632.071
VI.	OTHER OPERATIONS	(47.506)	(5.393)	(47.138)	(30.106)
VI.1.	Income	491.304	413.424	175.063	144.131
VI.2.	Expenses	538.810	418.817	222.201	174.237
VII.	FINANCIAL AND INVESTMENT ACTIVITIES	(22.301)	1.051	(15.368)	(12.420)
VII.1.	Income	35.003	13.970	34.604	716
VII.2.	Expenses	57.304	12.919	49.972	13.136
VIII.	PROFIT (LOSS) FROM ORDINARY ACTIVITIES	3.149.498	1.833.975	941.710	589.545
IX.	PROFIT (LOSS) BEFORE TAXES	3.149.498	1.833.975	941.710	589.545
X.	PROFIT TAX	0	0	0	0
XI.	PROFIT (LOSS) BEFORE NON CONTROLLING INTEREST	3.149.498	1.833.975	941.710	589.545
XII.	NON-CONTROLLING INTEREST	0	0	0	0
XIII.	NET PROFIT (LOSS)	3.149.498	1.833.975	941.710	589.545
XIV.	OTHER COMPREHENSIVE INCOME	0	0	0	0
XV.	Earnings (loss) per share	0,13	0,08	0,04	0,02

Director Ramūnas Lenčiauskas

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

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Current period 01 01 2014 – 30 09 2014											LTL
	Paid-up	Additions	Proprietary		Revaluation	Law covered reserves		Other reserves		Profit	Total
	authorized	to shares	shares		reserve (results)					(loss)
	capital		(-)	Long	Financial		Obligatory Proprietary	Support	Other	brought
				term	assets		shares	reserves and	reserves	forward
				tangible			procure	other
				assets			ment	payouts acc.
								to collective
								agreement
	1	2	3	4	5	6	7	8	9	10	11
Remainder on 31 December, 2012	24.038.990	0	0	0	0	212.087	0	0	200.000		2.821.128 27.272.205
Profit/loss not
acknowledged in
statement of profit
or loss and other											0
comprehensive
income
Net profit / loss of
the current period										1.833.975	1.833.975
Formed reserves						2.192.812				300.000 (2.492.812)	0
Liquidates
reserves									(200.000)	200.000	0
Remainder on 30
September, 2013	24.038.990	0	0	0	0	2.404.899	0	0	300.000		2.362.291 29.106.180
Profit/loss not
acknowledged in
statement of profit
or loss and other											0
comprehensive
income
Net profit / loss of
the current period											(4.343.951) (4.343.951)
Formed reserves											0
Liquidates
reserves											0
Remainder on 31
December, 2013	24.038.990	0	0	0	0	2.404.899	0	0		300.000 (1.981.660) 24.762.229
Profit/loss not
acknowledged in
statement of profit
or loss and other											0
comprehensive
income
Net profit / loss of
the current period										3.149.498	3.149.498
Formed reserves									600.000	(600.000)	0
Liquidates
reserves						(2.403.899)			(300.000)	2.703.899	0
Remainder on 30		0
September, 2014	24.038.990		0	0	0	1.000	0	0	600.000		3.271.737 27.911.727

Director Ramūnas Lenčiauskas

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

CONSOLIDATED STATEMENT OF CASH FLOWS

Current period 01 01 2014 – 30 09 2014

	Formed in direct pattern, not audited		LTL
No.	Articles	01-09 months of 2014	01-09 months of 2013
I.	Primary activity currency circulation
I.1.	Earnings of report period (including VAT)	31.109.217	34.655.418
I.1.1.	Earnings from clients	30.553.655	33.600.170
I.1.2.	Other earnings	555.562	1.055.248
I.2.	Report period payouts	(29.516.152)	(31.877.806)
I.2.1.	Payouts to suppliers of products, raw materials and services(including VAT)	(23.033.475)	(25.239.144)
I.2.2.	Monetary payouts related to work relations	(5.910.068)	(6.262.329)
I.2.3.	Taxes paid to budget	(304.275)	(2.746)
I.2.4.	Other payouts	(268.334)	(373.587)
	Cash circulation of primary activity	1.593.065	2.777.612
II.	Currency circulation of investment activity
II.1.	Procurement of long-term assets (excluding investments)	(245.940)	(181.620)
II.2.	Transfer of long-term assets (excluding investments)	0	99.000
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	(1.105.000)	0
II.8.	Return of loans	1.650.000	11.704
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	299.060	(70.916)
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	(5.518)	(679.274)
III.2.1.	Increase of financial debts	0	1.112.740
	III.2.1.1. Receipt of loans from credit institutions	0	1.112.740
	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	(5.612)	(1.792.067)
	III.2.2.1. Return of loans to credit institutions	0	(1.151.436)
	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	(5.612)	(55.734)
	III.2.2.5. Leasing (financial rent) payments	0	(584.897)
III.2.3.	Interests received for bank accounts	94	53
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	88	1.865
III.4.	Other reductions of currency circulation of financial activity	(7.592)	(2.005.066)
	Cash circulation of financial activity	(13.022)	(2.682.475)
	Impact of currency exchange rates to cash and equivalent currency
IV.	remainder	10.958	(5.413)
V.	Net currency circulation increase (reduction)	1.890.061	18.808
VI.	Currency and currency equivalents at the beginning of the period	1.472.183	104.148
VII.	Currency and currency equivalents at the end of the period	3.362.244	122.956

Director Ramūnas Lenčiauskas

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

EXPLANATORY MEMORANDUM OF INTERIM CONSOLIDATED FINANCIAL STATEMENTS

30 September, 2014

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 30th of September, 2014, 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.

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

Authorized capital of Linas AB is 24.038.990 Lt, it is divided into 24.038.990 ordinary registered shares the nominal value of which is 1 Lt, there are no issued and not paid shares. There were no changes in authorized capital during accounting period.

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

On 30th of September, 2014 the average number of listed employees of the Group was 316, on 30th of September, 2013 – 327 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 were received from the activity of textile goods production and sales during the 9 months of 2014. Linas AB group of companies sold linen textile goods and services for 29.204 thousand Lt during the 9 months of 2014. Comparing to the 9 months of 2013 the volume of sales decreased by 604 thousand Lt or 2,0 %.

During the 9 months of 2014 the Group's typical activity result was 3.219 thousand Lt profit and the result of the 9 months of 2013 was 1.838 thousand Lt profit.

During the 9 months of year 2014 the Group was produced and technologically processed: linen and tow yarns – 47 tons (9 months of year 2013 – 58 tons); raw fabrics – 536 thousand mtrs (9 months of year 2013 – 540 thousand mtrs); ready made fabrics – 1.507 thousand mtrs (9 months of year 2013 – 1.562 thousand mtrs). 37,4 % of all produced fabrics were used for sewn items during 9 months of year 2014 (9 months of year 2013 – 36,7 %). The volume of exports during 9 months of 2014 was 85,9 % of the total product sales.

The Group of companies' activity results for nine-month of year 2014 were influenced by decreased operating expenses.

During the nine months of 2014 Group earned 3.149 thousand Lt profit before taxation, the result of the same period of 2013 was 1.834 thousand Lt profit.

On 24 February, 2014 BUAB "Savoja" (company code 110650969) was removed from the Register of Legal Entities. The bankrupt company "Savoja" transferred claim rights on the debtor Linas AB 358 thousand Lt to UAB "Verslo dizainas" (company code 302529076).

500 thousand Lt 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 is 5 mln Lt 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, 2015. Alternate interests are paid for used credit, which are accounted as three months term Lt VILIBOR 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 5 mln.Lt. 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' long-lived experience, the ability to anticipate and reflect market trends and implementation of technological innovations led to a strong position in the textile market. Modern technologies used by the Group preserve the best quality of linen fiber, create exceptional combinations of elegance and functionality. 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).

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 2013 financial statements.

3. Notes of the memorandum

3.1. The information about the changes Group's long-term tangible assets is presented in table 1.

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 2 and 3. It is impossible to attribute property and liabilities of the Group to abstracted segments.

3.3. The information on Group's operating expenses (Table 4 "Operating expenses").

3.4. The information on the cost and revenues of other (non typical) activity of the Group (Table 5 "Other (non typical) activity").

3.5. Financial and investment activity of the Group, revenues and costs shown by material items in table 6 "Financial and investment activity".

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 7 "Earnings (loss) per share").

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

3.8. Significant events after last interim accounting period day.

On 3 November 2014 AB "Linas" and UAB "Primus auditus" terminated the audit service contract, as the Court refused to impose on company's director, auditor Galina Ivanova provisional measures on securing the claim due to judicial dispute, concerning disciplinary measure applied by the Authority of Audit and Accounting.

CHANGES OF LONG-TERM TANGIBLE ASSETS

								LTL
		Buildings	Machinery		Other equipment,	Other	Current
		and	and	Means of	appliances,	tangible	constru
Indicators	Land	structures	equipment	transport	instruments	assets	ction	Total
Residual value at the end of previous	0	13.530	1.921.496	71.110	75.645	35.702	0	2.117.483
financial year
a) Procurement of cost price long-term
tangible assets
At the end of previous financial year	0	18.360	3.041.249	457.554	127.542	35.702	0	3.680.407
Changes of financial year	0	0	241.486	6.800		18.619 (35.702)	0	231.203
· Procurement of assets	0	0	205.784	6.800	18.619	0	0	231.203
· Written-off property because of the	0	0	0	0	0	0	0	0
accounting evaluation change (-)
· Assets, transferred to other individuals and discarded (-)	0	0	0	0	0	0	0	0
· Transcription to short-time assets +/(-)	0	0	0	0	0	0	0	0
· Transcription from one article to another
+/(-)	0	0	35.702	0		0 (35.702)	0	0
At the end of interim accounting period	0	18.360	3.282.735	464.354	146.161	0	0	3.911.610
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
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
c) Depreciation (-)
At the end of previous financial year	0	4.830	1.119.753	386.444	51.897	0	0	1.562.924
Changes of financial year	0	1.721	412.843	40.358	16.741	0	0	471.663
· Written-off property because of the accounting evaluation change (-)	0	0	0	0	0	0	0	0
· Depreciation of financial year	0	1.721	412.843	40.358	16.741	0	0	471.663
· Restorational 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	6.551	1.532.596	426.802	68.638	0	0	2.034.587
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	11.809	1.750.139	37.552	77.523	0	0	1.877.023

										3 Table		LTL		Enterprises	01-09	months	of 2013
														All	01-09	months	of 2014
	Enterprises	01-09	months	of 2013	29.808.256	19.670.959	10.137.297	8.298.980	1.838.317						01-09	months	of 2013
	All	01-09	months	of 2014	29.203.892	18.876.863	10.327.029	7.107.724	3.219.305		PRODUCTION			Other countries	01-09	months	of 2014
		01-09	months	of 2013	1.647.211	843.580	803.631		803.631		MS ITE				01-09	months	of 2013
	Production services	01-09	months	of 2014	1.698.752	779.004	919.748		919.748		TEXTILE			Lithuania	01-09	months	of 2014
		01-09	months	of 2013	225.783	218.025	7.758		7.758		OF MENTS				01-09	months	of 2013
	Yarns	01-09	months	of 2014	158.827	138.918	19.909		19.909		SEG		Segments (regions)	USA	01-09	months	of 2014
		01-09	months	of 2013	12.989.335	9.394.513	3.594.822		3.594.822		GEOGRAPHICAL				01-09	months	of 2013
Segments (production, goods, types of activity)	Sewn products	01-09	months	of 2014	12.544.872	9.053.099	3.491.773		3.491.773		ABOUT			European countries	01-09	months	of 2014
		01-09	months	of 2013	14.945.927	9.214.841	5.731.086		5.731.086		MATION				01-09	months	of 2013
	Fabrics	01-09	months	of 2014	14.801.441	8.905.842	5.895.599		5.895.599		INFOR			Scandinavian countries	01-09	months	of 2014
		Indicators			Income	Cost price	Gross profit (losses)	Operating expenses	Profit (losses) on typical activity						Indicators

INFORMATION ABOUT SEGMENTS OF TEXTILE PRODUCTS PRODUCTION BUSINESS

1.838.317

3.219.305

579.417

598.025

1.439.898

1.644.571

673.538

777.603

4.360.786

4.685.533

3.083.658

2.621.297

activity

Profit (losses) on typical

29.808.256 19.670.959 10.137.297 8.298.980

29.203.892 18.876.863 10.327.029 7.107.724

2.079.261 1.499.844 579.417

1.968.604 1.370.579 598.025

3.723.423 2.283.525 1.439.898

4.124.185 2.479.614 1.644.571

1.475.710 802.172 673.538

1.664.603 887.000 777.603

13.959.159 9.598.373 4.360.786

14.472.112 9.786.579 4.685.533

8.570.703 5.487.045 3.083.658

6.974.388 4.353.091 2.621.297

Income Cost price Gross profit (losses) Operating expenses

OPERATING EXPENSES

			LTL
Run		01-09 months	01-09 months
No.	Indicators	of 2014	of 2013
1	Expenses on sales	1.679.751	2.050.692
1.1	Expenses on commissions	760.906	980.360
1.2	Expenses on transporting of sold production	258.167	260.590
1.3	Expenses on production advertising and fair	198.702	230.806
1.4	Expenses on sales number employees wage and other with employees related relations	357.793	409.329
1.5	Evaluate of customers creditworthiness and insurance costs of marketable credits	57.978	137.051
1.6	Other sales expenses	46.205	32.556
2	General and administration expenses	5.427.973	6.248.288
2.1	Expenses related with employees wage and other with employees related relations	2.388.825	2.496.179
2.2	Training costs of administration employees	26.366	191.828
2.3	Rent, exploitation and repairing expenses	2.274.975	2.796.291
2.4	Expenses of security services	115.000	126.000
2.5	Expenses of deterioration and amortization of non-current asset	134.667	199.724
2.6	Expenses of info technologies	97.419	108.287
2.7	Connection expenses	32.758	37.953
2.8	Expenses of bank services	13.486	17.161
2.9	Legal services expenses	32.575	41.305
2.10	Expenses of support provided	28.613	1.126
2.11	Expenses of social guarantees, stated in collective agreement	5.400	2.700
2.12	Representation expenses	18.639	30.184
2.13	Expenses of activity tax	34.067	15.889
2.14	Low-value assets acquisition expenses	43.019	19.201
2.15	Uncertain debts expenses	0	(110)
2.16	Provisioning costs	0	0
2.17	Various other general and administrative expenses	182.164	164.570
3	TOTAL EXPENSES OF ACTIVITY	7.107.724	8.298.980

OTHER (NON TYPICAL) ACTIVITY

			LTL
		01-09	01-09
Run. No.	Indicators	months of 2014	months of 2013
1.	INCOME OF OTHER ACTIVITY - TOTAL	491.304	413.424
	Specification of significant amount:
	1.1. Profit of non-current asset transferring	0	0
	1.2. Income of various storages selling	267.849	176.799
	1.3. Income of rent	191.879	225.188
	1.4. Income for accounting and administration services	23.937	0
	1.5. Income for thermal heating supply	729	1.233
	1.6. Various other non-typical activity income	6.910	10.204
2.	EXPENSES OF OTHER ACTIVITY - TOTAL	538.810	418.817
	Specification of significant amount:
	2.1. Loss of non-current asset transferring	0	44.500
	2.2. Net cost of sold various storages	260.326	99.742
	2.3. Net cost of rent	103.551	116.006
	2.4. Costs for accounting and administration services	150.217	150.217
	2.5. Costs for thermal heating supply	24.283	5.112
	2.6. Various other non-typical activity expenses	433	3.240
3.	RESULTS OF OTHER ACTIVITY (1-2)	(47.506)	(5.393)

Table 6

FINANCIAL AND INVESTMENT ACTIVITY

			LTL
		01-09	01-09
Run.		months	months
No.	Indicators	of 2014	of 2013
1.	FINANCIAL AND INVESTMENT ACTIVITY
	INCOME - TOTAL	35.003	13.970
	Specification of significant amount:
1.1.	Positive result of changes of currency exchange	21.498	0
1.2.	Income of bank interests	94	53
1.3.	Income of other interests	13.114	0
1.4.	Fines and penalties for the drawn debts	191	314
1.5.	Profit of incorporated activity	0	0
1.6.	Income of loans provided by the revaluation	0	11.704
1.7.	Income of currency buying-selling	88	1.865
1.8.	Income of other financial-investment activity	18	34
2.	FINANCIAL AND INVESTMENT ACTIVITY
	EXPENSES - TOTAL	57.304	12.919
	Specification of significant amount:
2.1.	Expenses of interest	5.612	6.828
2.2.	Fines and delay fees	274	127
2.3.	Negative result of changes of currency exchange	0	834
2.4.	Expenses of currency buying-selling	2.391	5.110
2.5.	Expenses of loans provided by the revaluation	0	0
	Financial assets depreciation amounts (BUAB
2.6.	"Nordic investicija" financial debts)	0	0
2.7.	Expenses of other financial-investment activity	49.027	20
3.	FINANCIAL AND INVESTMENT
	ACTIVITY RESULT (1-2)	(22.301)	1.051

EARNINGS (LOSS) PER SHARE

		GROUP
Run. No.	Indicators	01-09 months of 2014	01-09 months of 2013
1.	Weighted average number of ordinary shares	24.038.990	24.038.990
2.	Net profit (loss), in LTL	3.149.498	1.833.975
3.	Basic and diluted earnings (loss) per share, in LTL	0,13	0,08