Invalda INVL — Interim / Quarterly Report 2012

Feb 22, 2013

Invalid

Invalda AB Consolidated Interim Report for 12 months of 2012

Prepared according to The Rules for the Drawing-up and the Submission of the Periodic and Additional Information, approved by Resolution No. 1K-3 of 23.02.2007 of the Lithuanian Securities Commission

Approved by the Board decision No. 2013 – 03 passed on 22 February, 2013

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Translation note:

This version of the Annual Report is a translation from the original, which was prepared in Lithuanian language. All possible care has been taken to ensure that the translation is an accurate representation of the original. However, in all matters of interpretation of information, views or opinions, the original language version takes precedence over this translation.

CONTENTS

I. GENERAL INFORMATION 3

1. Reporting period for which the report is prepared 3
2. General information about the Issuer and other companies comprising the Issuer's group 3

2.1. Information about the Issuer 3
2.2. Information about other companies comprising the Issuer's group 3

1. Agreements with intermediaries on public trading in securities 5
2. The order of amendment of Issuer's Articles of Association 5

II. INFORMATION ABOUT SECURITIES 5

1. Information about Issuer's authorised capital 5
   5.1. Structure of the authorised capital 5
2. Shareholders 5
3. Information about the Issuer's own shares 7
4. Trading of Issuer's and Issuer's group companies securities as well as securities 7

8.1. Trading in securities of the Issuer 7
8.2. Trading Issuer's group companies securities 8

III. ISSUER'S MANAGING BODIES 8

1. Issuer's managing bodies 8
2. Information on the amounts calculated by the Issuer, other assets transferred and guarantees granted to the Board members and CFO 11

IV. INFORMATION ABOUT THE ACTIVITY OF THE ISSUER AND ITS GROUP 11

Furniture manufacturing sector 12
Real estate sector 13
Facility management sector 14
Agricultural sector 15
IT sector 15
11.2. Issuer's and its group companies' performance results 17

1. The principal risks and uncertainties 18
2. Significant investments made during the reporting period 18
3. Activity plans and forecasts 18
4. Information on the related parties' transactions 18

APPENDIX 1. INFORMATION ABOUT GROUP COMPANIES, THEIR CONTACT DETAILS 19

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

I. GENERAL INFORMATION

1. Reporting period for which the report is prepared

The report is prepared for 12 months of 2012 (January – December).

2. General information about the Issuer and other companies comprising the Issuer's group

2.1. Information about the Issuer

Name and legal form of the Issuer	Public company Invalda, hereinafter Invalda AB
Enterprise code	121304349
Address	Seimyniskiu str. 1A, LT-09312 Vilnius, Lithuania
Telephone	+370 5 279 0601
Fax	+370 5 279 0530
E-mail	info@invalda.lt
Website	www.invalda.lt
Date and place of registration	March 20, 1992, Register of Enterprise of Vilnius
Register, in which data about the Company are accumulated and stored	Register of Legal Entities

Invalda AB is one of the largest Lithuanian investment companies whose primary objective is to steadily increase the investor equity value. For the purpose of attainment of this objective Invalda AB actively manages its investments, exercising control or significant influence over target businesses.

Invalda AB started the activity in 1991. Its equities have been traded on the NASDAQ OMX Vilnius Exchange since 1995.

In respect of each business Invalda AB defines its performance objectives, sets up the management team, participates in the development of the business strategy and monitors its implementation. We play an active role in passing decisions on strategic and other important issues that have an effect upon the value of the group companies.

2.2. Information about other companies comprising the Issuer's group

The main sectors of Invalda AB are the following: furniture manufacturing, real estate, facility management, agriculture and information technology (IT) infrastructure.

Group's companies and their contacts are presented in Appendix 1 of this report.

Fig. 2.2.1. The main sectors of Invalda AB group as of December 31, 2012

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Consolidated interim report for 12 months of 2012

Invalda

Picture 2.2.2. Simplified structure of Invalda AB group management as of December 31, 2012

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

3. Agreements with intermediaries on public trading in securities

Invalda AB has signed agreements with these intermediaries:

• Finasta AB FMI (Maironio str. 11, Vilnius, Lithuania, tel. +370 5 278 6833) – the agreement on investment services, the agreement on management of securities accounting, the agreement on payment of dividends;
• Bank Finasta AB (Maironio str. 11, Vilnius, tel. +370 5 203 2233) – the agreement on management of securities account, the agreement on investment services;
• Siauliu Bankas AB (Tilzes str. 149, Siauliai, Lithuania, tel. +370 41 595 607) – the agreement on management of securities account and intermediation;
• DnB Bankas AB (J. Basanaviciaus str. 26, Vilnius, Lithuania, tel. +370 5 239 3503) – the agreement on financial instruments account management, implementation of orders and offering recommendations;
• SEB Bankas AB (Gedimino ave. 12, Vilnius, Lithuania, tel. +370 5 268 2370) – the agreement on securities accounting;
• Medicinos Bankas UAB (Pamenkalnio str. 40, Vilnius, Lithuania, tel. +370 5 264 4845) – the agreement on management of securities account;
• FMI Orion Securities UAB (A. Tumeno str. 4, block B, Vilnius, Lithuania, tel. +370 5 231 3841) – the agreement on investment services;
• Dom Maklerski BZ WBK S.A. (Pl. Wolnosci str. 15, 60-967 Poznan, Poland, tel. +48 61 856 48 80) – the agreement of intermediation;
• AB SEB Pank (Tornimae str. 2, 15010 Tallin, Estonia, tel. +372 6657 772) – the agreement of intermediation.

4. The order of amendment of Issuer's Articles of Association

The Articles of Association of Invalda AB may be amended by resolution of the General Shareholders' Meeting, passed by more than 2/3 of votes (except in cases provided for by the Law on Companies of the Republic of Lithuania).

During the reporting period the Company's Articles of Association were amended twice:

• The amended version of the Articles of Association of Invalda AB was registered on March 30, 2012. The share capital of Invalda AB was increased from 51,659,758 litas to 57,557,940 litas.
• The new version of the Articles of Association of Invalda AB was registered on August 6, 2012. The Articles of Association were amended due to reduction of the share capital of the Company for the purpose of cancelling of the shares acquired by the Company. The share capital was decreased from 57,557,940 litas to 51,802,146 litas.

Actual wording of the Articles of Association is dated as of August 6, 2012. The document has been published on the Company's website.

II. INFORMATION ABOUT SECURITIES

5. Information about Issuer's authorised capital

5.1. Structure of the authorised capital

Table 5.1.1. Structure of Invalda AB authorised capital as of December 31, 2012

Type of shares	Number of shares, units	Nominal value, litas	Total nominal value, litas	Portion of the authorised capital, %
Ordinary registered shares	51,802,146	1	51,802,146	100.00

All shares are fully paid-up and no restrictions apply on their transfer.

6. Shareholders

There are no shareholders entitled to special rights of control.

Invalda AB has no knowledge of any restriction on voting rights or mutual agreements between the shareholders, that might result in the restriction of shares transfer and (or) voting rights. There are no agreements to which the Issuer is a party and which would come into effect of being amended or terminated in case of change in the Issuer's control.

On December 31, 2012 the total number of shareholders was over 6,199.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Table 6.1. Shareholders who held title to more than 5% of Invalda AB authorised capital and / or votes as of December 31, 2012

Name of the shareholder or Company	Number of shares held by the right of ownership, units	Share of the authorised capital held, %	Share of the votes, %
			Share of votes given by the shares held by the right of ownership	Indirectly held voices (total votes of the persons acting in concert)	Total (together with the persons acting in concert)
Mr. Vytautas Bucas	8,198,367	15.83	15.83	8.21	24.04
Mr. Darius Sulnis	3,984,762	7.69	7.69	16.35
Mr. Darius Kaziunas	271,346	0.52	0.52	23,52
Ms. Dovilė Kaziunienė	380	0.001	0.001	24.04
Ms. Indre Misekyte	455,075	0.88	0.00¹	24.04
Ms. Irena Ona Miseikiene	13,344,309	25.76	24.00¹	0.00	24.00
UAB „Lucrum investicija“, code 300806471, Seimyniškių str. 3, Vilnius	0	0	0.00	7.41²	7.41
Ms. Daiva Baniene	1,836,234	3.54	3.54	11.06	14.60
Mr. Alvydas Banys	3,779,624	7.30	3.92¹	10.68
UAB „RB finansai“, code 301999571, A. Juozapavičiaus str. 9 A	3,279,972	6.33	6.33	8.27
UAB „LJB investments“, code 300822575, P. Smuglevičiaus str. 20, Vilnius	418,144	0.81	0.81	13.79
Mr. Algirdas Bucas	5,501,030	7.69	8.18¹	0.00	8.18

Fig. 6.1. Votes as of December 31, 2012

¹ The shareholder has acquired some of the Company's shares from other shareholders on the basis of repurchase agreement without voting rights.
² The shareholder has transferred some of the Company's shares to other shareholders on the basis of repurchase agreement without giving up voting rights.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

7. Information about the Issuer's own shares

Invalda AB, its subsidiaries and persons acting under the direction of Invalda AB and/or its subsidiaries but on their own behalf did not have under possession shares of Invalda AB in the fourth quarter of the 2012.

On February 13, 2013, the Board of Invalda AB initiated a share buy – back program for acquisition of up to 10 percent of treasury shares for the price of 8.287 litas per share. The total amount of 42.9 million litas was allocated to this share buy – back program. According to the decision of the Board, the share buy back program will last two weeks starting from February 19.

8. Trading of Issuer's and Issuer's group companies securities as well as securities

8.1. Trading in securities of the Issuer

Table 8.1.1. Main characteristics of Invalda AB shares admitted to trading

ISIN code	LT0000102279
Name	IVL1L
Exchange	NASDAQ OMX Vilnius
List	Baltic Main List (from 01.01.2008)
Listing date	December 19, 1995
Shares issued, units	51,802,146
Nominal value, litas	1
Total nominal value	51,802,146

Company uses no services of liquidity providers.

Table 8.1.2. Trading in Invalda AB shares

	12 months of 2010	12 months of 2011	12 months of 2012
Share price, €
- open	0.533	2.000	1.930
- high	2.546	2.650	2.940
- low	0.521	1.733	1.871
- average	1.168	2.051	2.308
- last	1.989	1.943	1.970
Turnover, units	6,509,830	4,985,446	2,514,347
Turnover, €	8,245,130	10,143,287	5,857,710
Traded volume, units	12,768	10,377	5,754

Fig. 8.1.1. Turnover of Invalda AB shares, change of share price and indexes³

³ OMX index is an all-share index which includes all the shares listed on the Main and Secondary lists on the NASDAQ OMX Vilnius with exception of the shares of the companies where a single shareholder controls at least 90% of the outstanding shares. The OMX Baltic Financial GI index is based on the Industry Classification Benchmark (ICB) developed by FTSE Group (FTSE). Dow Jones Stoxx EU Enlarged TMI index covers approximately 95% of the free float market capitalisation of the New Europe countries, including Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia and Slovenia.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

8.2. Trading Issuer's group companies securities

Shares of Invalda AB group company Vilniaus Baldai AB are admitted to trading in NASDAQ OMX Vilnius Main List.

8.2.1. Trading in shares of Vilniaus Baldai AB

Table 8.2.1.1. Main characteristics of Vilniaus Baldai AB shares admitted to trading

ISIN code	LT0000104267
Name	VBL1L
Exchange	NASDAQ OMX Vilnius
List	Baltic Main List
Listing date	June 05, 2000
Share issue, units	3,886,267
Nominal value, litas	4
Total nominal value, litas	15,545,068

Table 8.2.1.2. Trading in Vilniaus Baldai AB shares

	12 months of 2010	12 months of 2011	12 months of 2012
Share price, €
- open	2.604	9.401	10.300
- high	10.426	13.000	14.900
- low	2.462	7.800	10.300
- average	5.961	10.269	12.395
- last	9.500	10.300	14.200
Turnover, units	206,393	113,526	81,859
Turnover, €	1,216,322	1,148,689	1,067,067
Traded volume, units	1,038	1,251	1,154

*The amount of 38.863 million litas was allocated for dividends in 2012, which was 10 litas (€ 2.896) per share.

Fig. 8.2.1.1. Turnover and share price of Vilniaus Baldai AB

III. ISSUER'S MANAGING BODIES

9. Issuer's managing bodies

The governing bodies of Invalda AB are the General Meeting of Shareholders, a collegial managing body – the Board and as a single person managing body – the President. The Supervisory Board is not formed.

Information about Issuer's Board members, the president and CFO

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Chairman of the Board
Vytautas Bucas (1968)

Educational background and qualifications

1993, Vilnius University, Faculty of Economics

Since 2002 member of Association of Chartered Certified Accountants, UK

Job experience

Since 2006 advisor, member of the Board, Invalda AB (since May 2007 chairman of the Board, Invalda AB)

2006-2007 director, Invaldos Nekilnojamojo Turto Fondas AB

2000-2006 member of the Board, executive vice president, CFO, Head of IT department, SEB Vilniaus Bankas AB

1992-2000 senior manager, manager, senior auditor, Arthur Andersen

Owned amount of Invalda AB shares is the following: 8,198,367 units of shares and votes. Share of authorised capital – 15.83%. Share of votes given by the shares held by the right of ownership –15.83%. Total (together with the persons acting in concert) –24.04%.

Participation in other companies

Name of the company or organization	Position
Invaldos Nekilnojamojo Turto Fondas AB	Chairman of the Board
Vilniaus Baldai AB	Chairman of the Board
BAIP Group UAB	Chairman of the Board
Inreal pastatu prieziura UAB	Board member
Invalda Lux S.a.r.l.	Board member
Litagra UAB	Board member

Member of the Board
Darius Sulnis (1971)

Educational background and qualifications

1993, Vilnius University, Faculty of Economics

Financial broker's license (general) No. A109

Job experience

2006 - 2011 the President (since 2012 member of the Board, Invalda AB).

2002-2006 director, Invalda Nekilnojamojo Turto Valdymas UAB

1994-2002 director, FBC Finasta AB

Owned amount of Invalda AB shares is the following: 3,984,762 units of shares. Share of authorised capital – 7.69%. Share of votes given by the shares held by the right of ownership – 7.69%. Total (together with the persons acting in concert) – 24.04%.

Participation in other companies

Name of the company or organization	Position
Vilniaus Baldai AB	Board member
Burusala SIA	Chairman of the Supervisory Board
DOMMO SIA	Chairman of the Supervisory Board
Invaldos Nekilnojamo Turto Fondas AB	Board member
Litagra UAB	Board member

Owned shares and votes of other companies:

Company	Portion of share capital	Portion of votes
Golfas UAB	31 %	31 %
Lucrum Investicija UAB	100 %	-

Member of the Board
Indre Miseikyte (1970)

Educational background and qualifications

1994 Vilnius Gedimino Technical University, faculty of architecture

Job experience

Since 2012 member of the Board, Invalda AB

Since 2002 an architect, Inreal valdymas UAB

2000 – 2002, an architect, Gildeta UAB

1996 - 2002, an architect, Invalda AB

1996 – 1997 an architect, Gildeta UAB

1996 – 1997 an architect, Kremi UAB

1994 – 1996 an architect, Vilniau baldai AB

Owned amount of Invalda AB shares is the following: 455,075 units of shares. 0.88 percent of Invalda AB shares acquired by repurchase agreement, but those shares do not allow for voting rights.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

The President, Member of the Board
Dalius Kaziunas (1976)

Educational background and qualifications

2000, Vilnius university, Faculty of Economics
Financial broker's license (trader) No. P022

Job experience

Since January 2012, Invalda AB the President
Since February 2008 Invalda AB advisor, July 2008 – Board member
2008 - 2009 Bank Finasta AB general manager
1996-2008 FBC Finasta AB director (since 2002), financial broker, assistant to the financial broker

Owned amount of Invalda AB shares is the following: 271,346 units of shares and votes. Share of votes given by the shares held by the right of ownership – 0.52%. Total (together with the persons acting in concert) – 24.04%.

Participation in other companies

Name of the company or organization	Position
Ineturas UAB	Board member
Inreal pastatu prieziura UAB	Board member
Vilniaus Baldai AB	Board member
Kelio Zenklai UAB	Chairman of the Board from July of 2012
BAIP Group UAB	Board member
Invetex AB	Board member
Vernitas AB	Supervisory Board member
Invalda Lux S.a.r.l.	Board member
Jurita UAB	Board member
Lauko gelininkystes bandymu stotis UAB	Chairman of the Board
Litagra UAB	Board member

CFO
Raimondas Rajeckas (1977)

Educational background

2001, Vilnius University, Faculty of Economics

Job experience

Since 2006 CFO, Invalda AB
2001-2006 CFO, Valmeda AB
2000-2001 CFO, Galincius AB
2000-2001 CFO, Invaldos Marketingas UAB (current name Inreal valdymas UAB)
2000-2002 accountant, Gildeta AB
1998-2000 accountant, Invalda AB

Owned amount of Invalda AB shares is the following: 1.200 units of shares and votes

Participation in other companies

Name of the company or organization	Position
Aktyvo UAB	Director
Investiciju Tinklas UAB	Director
FORTINA UAB	Director
Aktyvus Valdymas UAB	Director
Finansu Rizikos Valdymas UAB	Director
Iniciatyvos Fondas	Director
MBGK UAB	Director
MGK Invest UAB	Director
RPNG UAB	Director
Regenus UAB	Director
Cedus Invest UAB	Director
Consult Invalda UAB	Director
VIA Solutions UAB	Director
Cedus UAB	Director
Invetex AB	Chairman of the Board
Invaldos nekilnojamojo turto fondas AB	Director (since 2013 01)

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

1. Information on the amounts calculated by the Issuer, other assets transferred and guarantees granted to the Board members and CFO

Within twelve months period of 2012 the calculated remuneration for the Board members of Invalda AB (as employees of the Company) amounted to 998.0 thousand litas that is on the average 29.6 thousand litas per month for each member.

The calculated remuneration to the President of the Company (he is the Board member as well till April 30, 2012) and CFO totalled 681.0 thousand litas, on the average 29.4 thousand litas per month for each.

During the reporting period the Issuer transferred no assets, granted no guarantees, paid no bonuses or dividends, and made no special payouts for the Company's managers and CFO.

IV. INFORMATION ABOUT THE ACTIVITY OF THE ISSUER AND ITS GROUP

11. Overview of the activity of the Issuer and its group

11.1. Significant events of the Issuer and its group events during the reporting period and after the end of it The Issuer

• In January, 2012, Invalda AB sold 29.27 percent of shares of the metal processing company Umega AB. Shares sold for the 3.7 million litas. The transaction should have a preliminary positive effect of approximately 2 million litas in the consolidated statements.
• The Company received the notification from the bondholders indicating that the bondholders decided to exercise their right to convert bonds to shares of Invalda AB. The conversion of 32.44 million litas resulted into the increase of the share capital of Invalda AB by 5.898 million litas up to 57.558 million litas.

The conversion price of new shares was 5.5 litas per share. After the conversion the bondholders had the obligation to pay back 4.788 million litas interest paid according to the conditions of the bond issue. The accrued interest as of March 30, 2012 in the amount of 2.376 million litas was not payable to the bondholders.

Invalda AB issued convertible 25 million litas par value bonds on December 1, 2008. These bonds were acquired by RB finansai UAB. Another convertible 7.44 million litas par value bond issue was issued on January 30, 2010 which was sold to DIM Investment UAB. The annual interest rate for both bond issues was 9.9 percent, maturity date – July 2, 2012 (in case the bonds are not converted at earlier date). After the conversion RB finansai UAB got 7.9 percent of Invalda AB shares and DIM Investment UAB – 2.35 percent.

Invalda AB is completely debt free after the completion of the bond conversion. The Company will continue to adhere to the prudent borrowing policy.

• Invalda AB shareholders approved the results for the year 2011 and formed a reserve of 269.1 million litas for the share buy-back. Taking into consideration the passed resolutions the Board of Invalda AB decided to acquire up to 10 per cent of shares of the Company, paying for each of them 10.358 litas. The share buy-back program lasted until May 15. After the program Invalda AB acquired 10 percent of Invalda AB shares for 59.6 million litas. The amount of proposed for sale shares was higher than the amount to be acquired, therefore each selling shareholder sold 14.47 percent of shares. As own shares of the Company do not have voting rights, the shares of Invalda AB with voting rights total to 51,802,146.
• Indre Miseikyte, 41 years old, was elected to the Board by the Ordinary General Shareholders Meeting of April 30, 2012. On April 06, 2012 Dalius Kaziunas resigned from the Board and now he is the President of Invalda AB.

Miseikyte has graduated architecture studies in Vilnius Gediminas technical university. She is currently employed as an architect at Inreal Valdymas UAB, Invalda AB Group Company.

• The resolution to reduce the Company's authorized share capital till 51.8 million litas (€15 million) by cancelling Company's treasury shares was adopted on 24 of May in the Invalda AB Extraordinary General Shareholders' meeting. The Board of Invalda AB was authorized to organise an additional buy-back of up to 10 percent of Invalda AB shares paying for each of them from 1 € to 5 €.
• The Articles of Association were amended due to reduction of the share capital of the Company for the purpose of cancelling of the own shares on August 6, 2012. The share capital of Invalda AB was reduced from 57,557,940 litas to 51,802,146 litas by cancelling 5,755,794 ordinary registered shares at par value of 1 litas.
• In the fourth quarter it was decided to reduce Invalda's share in TrakcjaTiltra S.A. (on September 30, 2012 Invalda AB owned 12.5% shares of Trakcja-Tiltra S.A.). After a number of transactions on Warsaw Stock Exchange, Invalda's share was decreased to less than 10 percent of the total vote of the company.
• The Extraordinary General Shareholders Meeting of Invalda AB was held on November 20, 2012. The meeting approved drawing - up of the terms of Invalda AB split-off and authorized the Board to prepare the

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

terms of split-off as well as appoint necessary experts and auditors for the preparation and assessment of the said terms, and conduct other related actions.

• On February 13, 2013 the Board of Invalda AB finished the drawing – up of the Company's split – off terms and initiated a share buy – back program for acquisition of up to 10 percent of treasury shares.

According to the publicly announced split – off terms, a part of Invalda AB will be split – off and on the basis of this part a new public joint – stock company Invalda Privatus Kapitalas AB will be formed. In the split – off, 45.45 percent of the total assets of the Company (a balance sheet value of the Company's assets at the end of 2012 totaled to 372.1 million litas) as well as 45.45 percent of the Company's equity capital and liabilities will be allocated to the newly established entity. The shares in Invalda Privatus Kapitalas AB are not going to be listed on NASDAQ OMX Vilnius Stock Exchange.

The new name of the Company after the split – off will be Invalda LT AB.

In the split – off, the Company's shares in Cedus Invest UAB (which holds 36.9 percent of shares in Litagra UAB) and Vilniaus Baldai AB will be allocated to the companies continuing after the split - off proportionally, i.e. 39.35 percent of shares in Vilniaus Baldai AB and 54.55 percent in Cedus Invest UAB will be allocated to Invalda LT AB; 32.79 percent of shares in Vilniaus Baldai AB and 45.45 percent of shares in Cedus Invest UAB will be allocated to the newly established company Invalda Privatus Kapitalas AB.

According to the split – off terms the following assets of a balance value of 85.651 million litas will be allocated to Invalda LT AB after the split – off: commercial real estate objects (that currently are under possession of Invalda Nekilnojamojo Turto Fondas UAB) as well as IT and facility management companies and Kelio Zenklai UAB. Furthermore, the assets of a balance sheet value of 66.281 million litas will be allocated to Invalda Privatus Kapitalas AB, in particular real estate objects that are currently under development as well as service companies acting under the „Inreal“ brand.

Other financial assets, including cash and smaller investments will be split – off allocating 71.292 million litas to Invalda LT AB and 64.044 million litas to Invalda Privatus Kapitalas AB.

After the split – off, total balance value of the assets of Invalda LT AB (as of September 30, 2012) will amount to 205.355 million litas; total balance value of the assets of Invalda Privatus Kapitalas AB will amount to 171.083 million litas.

The authorized capital of Invalda LT AB after the split – off (on the condition that the Company does not acquire treasury shares) will amount to 28.259 million litas and the authorized capital of Invalda Privatus Kapitalas AB will total to 23.543 million litas. If before the completion of the split – off the Company acquires treasury shares, the above mentioned authorized capitals will be reduced accordingly.

At the completion of the split – off, the amount of shares held by shareholders of Invalda AB will be reduced by 45.45 percent and the same amount of shares in the new company (not listed on NASDAQ OMX Vilnius Stock Exchange) will be issued to those shareholders. For example, the shareholder who held 10.000 shares in Invalda AB, after the split – off would receive 5.455 shares in Invalda LT AB and 4.545 shares in Invalda Privatus Kapitalas AB.

The shareholders holding the shares the nominal value less than 1/10 of the authorized capital of the Company, will have a right within 45 days after approval of the split – off terms by the general meeting of shareholders to request that their shares would be redeemed by the Company. The price as well as the procedure of redemption will be approved by the Board; however the price may not be lower than the average price of the Company's shares on NASDAQ OMX Vilnius Stock Exchange within 6 last months.

The Board of Invalda AB initiated a share buy – back program for acquisition of up to 10 percent of treasury shares for the price of 8.287 litas (EUR 2.4). The total amount of 42.9 million litas has been allocated to this share buy – back program. According to the decision of the Board the share buy back program will last two weeks starting from February 19.

After the split – off, Darius Sulnis, Alvydas Banys and Irena Ona Miseikiene as well as the persons related to them will be the largest shareholders in Invalda LT; and Vytautas Bucas, Algirdas Bucas and Irena Ona Miseikiene will be the largest shareholders in Invalda Privatus Kapitalas AB.

The Issuer's group

Furniture manufacturing sector

In the furniture manufacturing sector Invalda AB controls Vilniaus Baldai AB. This company produces flat-pack furniture and sells almost all its production to the Swedish concern IKEA. Vilniaus Baldai AB manufactures furniture from particle board. Due to used BOF (board on frame) technology the furniture is lightweight.

In 2012, sales of Vilniaus baldai AB amounted to 230.14 million litas or 3.5 percent less than in 2011 (238.37 million litas). Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) reached 34.78 million litas (in 2011 - 36.10 million litas). Having eliminated the influence of one-off costs in 2012, EBITDA totalled to 37.78 million

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Consolidated interim report of Invalda AB for 12 months of 2012

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litas and exceeded the EBITDA of 2011 by 2.4 percent (36.9 million litas). In 2012, the company earned a net profit of 26.84 million litas (in 2011 - 26.81 million litas).

In 2012 the market of raw materials remained stable, while due to improvement in production process, the company managed to use raw materials more effectively, increasing the gross margin by 1 percent, and reducing production costs even under higher labour costs. In 2012, average gross wages were 7 percent higher than in 2011, while labour efficiency grew by almost 14 percent.

Lower sales were caused by changes in product portfolio that had started in 4th quarter of 2012. Within the period between the 4th quarter of 2012 and 1st and 2nd quarters of 2013, the company intends to change approximately 50 percent of product portfolio. The company will cease production of various structure shelves that have been included into product range so far, and launch production of children's furniture, writing-desks and other new products. New production items are more elaborate, they require more sophisticated production technologies, and will provide higher added value. All this is the evidence of high degree of Vilniaus baldai AB competitiveness.

In order to be able to manufacture new production and ensure required volumes, the company has embarked on a series of reforms: new equipment was introduced and advanced technologies implemented, while planned investments in technological equipment to be made in 2012-2013 will amount to approximately 27 million litas. In connection with the changes above, labour process will change as well. In the 2nd and 3rd quarters of 2013, the company will concentrate its production operations in the main factory and increase a number of work shifts there (the other factory will be rearranged in terms of technical equipment, and this would not be possible to execute when operation takes place). From September 2013 Vilniaus baldai AB will be operating in usual conditions.

In connection with the abovementioned changes, the Company does not predict that sales of 2012 will be achieved in 2013 but still expects to be profitable and preserve all jobs.

Vilniaus baldai AB exports all its production, which is purchased by Swedish concern IKEA.

Table 11.1.1. Results of the furniture manufacturing sector

Million litas	12 months of 2010	12 months of 2011	12 months of 2012
Sales	197.2	238.4	230.1
EBITDA	38.2	36.1	34.8
Net result	27.9	26.8	26.8
Capitalisation	127.48	138.2	190.5

Real estate sector

In the real estate sector Invalda AB owns commercial rental real estate, agricultural land and development sites, as well as develops residential housing projects.

The companies of real estate sector of Invalda AB incurred an 11.1 million litas loss during 2012. The majority of this loss was due to the revaluation of investment property of 8.7 million litas. The loss of 2011 amounted to 17.8 million litas.

New acquisitions worth 3 million litas in total were made in 2012. The largest part of this sum was invested into agricultural land, while the disposals in real estate sector amounted to 13.1 million litas: commercial - 6.1 million litas and residential - 7 million litas during 2012.

Total rental income including income from the property owned by clients was 17.9 million litas during 2012 or 7.2 percent bigger than in 2011. Rental income increased due to recovering economy and demand of the office space.

In the second half of the 2012 Invalda group company started a development of the complex of residential apartments and commercial premises Danes Uzutekis in the old town of Klaipeda as well as the construction of the new residential apartment house Kopu Vetrunges in Kursiu Nerija.

Real estate value, owned by Invalda AB stood at 243.4 million litas at the beginning of 2013.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Table 11.1.2. Results of the real estate sector

Million litas	12 months of 2010	12 months of 2011	12 months of 2012
Value of the real estate:	247.8	255.4	243.8
Commercial real estate	175.8	155.6	148.2
Real estate for development	50.7	57.1	36.8
Residential real estate	5.5	7.9	17.0
Agricultural land	15.8	34.8	41.8
Shareholders’ equity (inc. loans from Invalda AB)	116.7	131.9	154.5
Loans from credit institutions	142.5	121.8	101
Rental income	18.4	16.7	17.9
From this owned by clients	5.2	5.0	5.3
Change of the real estate value	1.2	(15.6)	(8.7)
Companies’ sales result, allowance and other non-monetary items	4.2	1.5	0.1
Result of the real estate sector	2.9	(17.9)	(11.1)

Facility management sector

Building maintenance sector companies are providing facility management, engineering systems oversight, audit and incidents management, indoor air quality testing, multi-apartment house management, installation, repair, cleaning and other services.

Building maintenance sector companies focused on the development and quality improvement of their services in 2012. Due to larger operating costs the results were poor, but in the long period the group competitive advantages should strengthen and this will create the conditions for faster growth.

During the past year the department providing cleaning and landscaping services started its activities, a team was formed, the first contracts were signed and became active.

A tender for the maintenance of apartment houses in Silale city and Kvedarna town was won.

A tender for the maintenance of apartment houses in Alytus district was won. The service will be launched in 2013.

A department was opened in Siauliai and started its operations.

During the year 2012, over 60 new contracts to provide services were signed.

Improvement of Service Quality

• Organisational structure of the facility management sector was reorganized
• Business processes were reengineered with the focus on customer satisfaction and wuality of services.
• The quality management systems were recertified.
• The new business management system was started to be implemented in all companies.
• The new IT solutions which enable quick and precise messages reception were implemented.

Table 11.1.3. Results of the facility management sector

Million litas	12 months of 2010^{4}	12 months of 2011	12 months of 2012
Sales	8.2	10.7	13.3
EBITDA	0.6	0.9	0.4
Net profit	0.4	1.0	(0.3)

4 The group didn't own Priemiestis UAB and Jurita UAB in 4Q of 2010

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Agricultural sector

Since December, 2011, Invalda AB owns 36.9 percent of Litagra UAB shares; Litagra UAB is one of the largest groups of agriculture companies in the Baltic countries.

The companies of Litagra group are engaged in the primary crop and livestock (milk) production, grain processing and agricultural services. Group companies trade in plant protection products, fertilizers, seeds, compound feed, feed supplements, raw materials for feed production, wheat and rye flour, pet food, fish products for domesticate, veterinary products. Moreover, the companies buy grain; provide services of drying, cleaning, loading and storage of grain and other raw material. Litagra group companies provide agricultural services in Lithuania, Latvia and Estonia.

The largest companies in Litagra UAB group are the following: Litagros prekyba UAB (with a branch Litagra Latvija), Litagros grudai UAB, Litagra OÜ in Estonia, Joniskio grudai AB, Taurages grudai AB, Marijampoles grudai AB, Kedainiu grudai AB, Aristava in the Kedainiai district, Berzu agricultural company in the Kedainiai district, agricultural company Bausai, agricultural company of the Kalpoku land, agricultural company of the Sesupes land, Slapaberzes agricultural company, Ranktineliu agricultural company and others.

In 2012, compared with the same period in 2011, an income grew by 34.9 percent, to 429.2 million litas; earnings before interest, taxes, depreciation and amortization (EBITDA) – grew by 95.0 percent to 38.8 million litas, net profit according to business accounting standards amounted to 20.3 million litas changed the loss of 0.3 million litas.

Excellent grain harvest in Lithuania allowed improving the results of the marketing department as well as elevator. The higher harvest and profit fixed and in the agricultural companies.

11.1.4. Results of the Litagra UAB group

Million litas	12 months of 2011	12 months of 2012
Sales	318.1	429.2
EBITDA	19.9	38.8
Net profit, according data provided by the company, on the ground of business accounting standards.	(0.3)	20.3

IT sector

BAIP group is one of the most experienced IT companies in Lithuania specialized in the governmental organizations and business critical IT infrastructure.

BAIP group gained legal IT consulting expertise, and started to provide critical information systems development, architecture and applications services after the acquisition of Norwegian company Norway Registers Development AS (NRD) at the end of 2011.

In 2012, one of the main goals of BAIP group was to expand the business geography of owned companies group through the NRD expertise. Thus BAIP with NRD was involved in projects in Uganda, Tanzania, Liberia, Guatemala, Kenya and Vietnam.

NRD AS, partly financed by the Norwegian Agency for Development Cooperation (NORAD), has finished a mission in Tanzania. The purpose of the visit was to expand the operations in Tanzania / EAC through partnerships and to establish a Tanzanian Entity to deliver professional quality services in the areas of cyber-security, defence implementation, business continuity planning, IT security controls implementation and auditing. NRD AS (and its sister company BAIP UAB) and ISACA Tanzania Chapter have signed a Memorandum of Understanding (MoU) on cooperation in the development and implementation of consultative Tanzanian National Cyber security framework.

BAIP UAB finished implementation of a new tool - IBM Tivoli Service Request Manager. The company implemented IT services management standard; ISO20000 certificate was issued to the company as a confirmation of it. This achievement will allow clients to perform IT operations via single service tool executing them more rapidly and efficiently.

baip GRUPĖ

baip Krittel IT laborato.kiros

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

IP

INFORMATIKOS PASAULIS

bap GRUPES NARYS

Printing and copying service CopyPrint concept is updated: it is proposed to integrate digital documents, electronic signature and a new concept scanning and storage of documents. The tender of Vilnius municipality for printing and copying services was won. The municipality will replace all copying and printing equipment with a new ones as a result of introduction of employee identification card system ("Follow me").

In 2012 BAIP actively developed cyber security initiatives getting in touch with new partners (Balabit, Qualys, AlienWorld, Thycotic, FireEye and so on) and establishing a new cyber security division. A successful event presenting solutions of cyber security was organized.

In order to satisfy the needs of customers, a partnership agreement was signed with acknowledged security solutions company Lumension®, the products of which have been successfully deployed in medicine, education, finance, social security and public sectors. BAIP has adapted Lumension® software for the Lithuanian legal environment in consideration of the requirements imposed by State Data Protection Inspectorate, Ministry of Interior of the Republic of Lithuania, LT ISO/IEC 27001 standard, COBIT 5 and other references as the most efficient means to ensure information security.

A special attention was paid to forensic research and for the elimination of aftermaths resulting from the attack and initiation of defensive actions by the BAIP UAB cyber defense group. For this purpose AccessData, Logicube, Paterna Maltego and Qosmio solutions was used. The said solutions were presented in two successfully organized events that attracted representatives of many major state and commercial institutions.

An agreement on supply of the Dell End-to-End Enterprise and Client Solutions to all European offices was signed with the company Western Union, the world's largest money transfer company was signed.

Together with joint partners BAIP finished implementing a year and a half long Total Quality Management System Development in the Health Insurance Funds of Lithuania project. BAIP evaluated risks associated with the continuity of the Health Insurance Funds' activities and information security, documented the processes and methods and organised the certification of the Health Insurance Funds' information security management system to the ISO/IEC 27001:2005 standard, as well as certification of the IT services management system to the ISO 20000/IEC 20000-1:2011 standard.

An agreement with State Food and Veterinary Service on information systems development and maintenance services was signed by NRD UAB. A project on creation of interaction of Lithuanian register of wills with network of registers of wills in Europe was implemented in the Central Mortgage Office of Lithuania. An agreement on maintenance of Oracle software-based information system for 1 year term was signed with the National Paying Agency. An agreement on consulting project regarding civil registration and demographic information in Central Bureau of Statistics of Zanzibar was successfully completed. In August of 2012 NRD UAB and Rwanda development board has signed a new consultancy services to develop the electronic mortgage registration system project implementation contract.

A functionality of the information system for business registration in Vietnam was extended by additional subsystems: distribution of information product, electronic payment, electronic signature and other.

At the end of September, 2012 Norway Registers Development and the joint venture partners NRD UAB and Alna Software UAB signed a one-year one million dollar contract for the design, develop and implement tax e-filing system in four Eastern Caribbean states.

Table 11.1.5. Results of IT sector⁵

Million litas	12 months of 2010	12 months of 2011	12 months of 2012
Sales	27.7	34.5	40.2
EBITDA	2.3	3.2	2.6
Net profit before investment amortization⁶ and cost of management options	0.8	1.1	(0.1)
Net profit	(0.6)	(0.7)	(1.1)

More information about services and activity is provided on the web page www.baip.lt.

⁵ Norway Registers Development AS (NRD) results are consolidated from December 2011.

⁶ Amortization of contract assets formed during UAB BAIP acquisition.

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

11.2. Issuer's and its group companies' performance results

Table 11.2.1. Income, thousand litas

	Company's			Group's
	12 months of 2010	12 months of 2011	12 months of 2012	12 months of 2010	12 months of 2011	12 months of 2012
Sales income	-	-	-	268,027	317,367	325,860
- furniture manufacturing	-	-	-	197,214	238,368	230,142
- real estate	-	-	-	34,412	26,683	33,357
- facilities management	-	-	-	8,171	10,710	13,257
- information technology	-	-	-	27,685	34,530	40,197
- other companies	-	-	-	7,594	11,108	11,675
- elimination	-	-	-	-5,049	-4,032	-2,768
Gain (loss) from investments	-14,676	280,487	-216	10,864	-83,876	4,860
Other income	8,397	24,220	40,795	4,486	10,110	4,360
- interest income	8,030	12,883	12,025	1,822	6,749	3,658
- dividend income	300	11,314	28,758	-	-	18
- other income	67	23	12	2,664	3,361	684
Valuation gain (loss) from investment property	-	-	-	1,236	-14,727	-8,709

Table 11.2.2. Main items of financial statements, thousand litas

	Company's			Group's
	12 months of 2010	12 months of 2011	12 months of 2012	12 months of 2010	12 months of 2011	12 months of 2012
Non current assets	205,908	126,423	118,261	426,760	379,679	357,690
Current assets	76,102	268,796	253,806	98,428	265,046	230,198
Assets classified as held for sale	25,004	3,745	-	72,075	1,708	-
Equity	85,865	360,735	360,502	200,051	415,361	414,717
Equity attributable to equity holders of the parent Company	85,865	360,735	360,502	175,132	386,210	391,447
Minority interest	-	-	-	24,919	29,151	23,270
Non-current liabilities	126,790	-	-	176,462	139,071	119,609
Current liabilities	94,359	38,229	11,565	220,750	92,001	53,563
Result before taxes	-11,661	259,267	22,136	27,012	-95,187	33,517
Net result	-10,471	274,870	20,888	52,464	216,543	30,666
Net result attributable to holders of the parent Company	-	-	-	42,450	209,046	23,308

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Table 11.2.3. Equity and liabilities

Invalda AB, million litas	12 months of 2010	12 months of 2011	12 months of 2012
Equity	85.9	360.7	360.5
Liabilities to financial institutions	138.7	-	-
From this long term	94.3	-	-
Liabilities to group companies	46.6	0.4	9.1
Bonds	32.4	34.1	-
Other liabilities	3.0	3.8	2.5
Total liabilities	221.1	38.3	11.6
Total Equity and Liabilities	307.0	399.0	372.1

12. The principal risks and uncertainties

During the fourth quarter of this year there were no material changes from the information about the principal risks and uncertainties disclosed in the latest annual report.

13. Significant investments made during the reporting period

During the reporting period Invalda AB had not major acquisitions. More details about investments are described in the section 8 of the financial statements.

14. Activity plans and forecasts

The Extraordinary General Shareholders Meeting of Invalda AB of November 20, 2012 approved drawing up of the terms of Invalda AB split-off and authorized the Board to prepare the terms of split-off as well as appoint necessary experts and auditors for the preparation and assessment of the said terms, and conduct other related actions.

On February 13, 2013 The Board of Invalda AB finished the drawing – up of the Company's split – off terms and initiated a share buy – back program for acquisition of up to 10 percent of treasury shares.

According to the publicly announced split – off terms, a part of Invalda AB will be split – off and on the basis of this part a new public joint – stock company Invalda Privatus Kapitalas AB will be formed. In the split – off, 45.45 percent of the total assets of the Company (a balance sheet value of the Company's assets at the end of September 2012 totaled to 376.437 million litas) as well as 45.45 percent of the Company's equity capital and liabilities will be allocated to the newly established entity. The shares in Invalda Privatus Kapitalas AB are not going to be listed on NASDAQ OMX Vilnius Stock Exchange.

The new name of the Company after the split – off will be Invalda LT AB.

Invalda AB will continue implementing the long term goal to increase shareholders' equity and value of managed assets. Moreover, Invalda AB will seek to ensure profitable work and organic development of its businesses.

Results of Invalda AB depend on sale or acquisition transactions which are not predictable. Due to this reason, the Board decided not to prepare forecaststs of the Company's activity.

15. Information on the related parties' transactions

Information on the related parties' transactions is disclosed in consolidated and Company's financial statements explanatory notes.

President

Dalius Kaziūnas

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

APPENDIX 1. INFORMATION ABOUT GROUP COMPANIES, THEIR CONTACT DETAILS

Company	Registration information	Type of activity	Contact details
FURNITURE MANUFACTURING SECTOR
Vilniaus Baldai AB	Code 121922783
Address Savanoriu ave. 178.
Vilnius
Legal form – public limited liability company
Registration date 09.02.1993	furniture design and manufacturing	Telephone +370 2 52 5700
Fax +370 2 31 1130
E-mail info@vilniausbaldai.lt
www.vilniausbaldai.lt
Ari-Lux UAB	Code 120989619
Address Savanoriu ave. 178.
Vilnius
Legal form – private limited liability company
Registration date 28.10.1991	fitting packing	Telephone / Fax +370 2 52 5744
REAL ESTATE SECTOR
Inreal Valdymas UAB	Code 222894170
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 22.12.1994	real estate management and administration. development of investment projects	Telephone +370 2 73 0944
Fax +370 2 73 3065
E-mail info@inreal.lt
www.inreal.lt
Inreal UAB	Code 300576166
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 14.06.2006	real estate brokerage and valuation services	Telephone +370 273 0000
Fax +370 273 0858
E-mail info@inreal.lt
www.inreal.lt
Invaldos Nekilnojamojo Turto Fondas AB	Code 152105644
Registration address
A. Juozapaviciaus str. 6/2. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – public limited liability company
Registration date 28.01.1997	investments into real estate	Telephone +370 2 79 0601
Fax +370 2 73 3065
E-mail intf@intf.lt
INTF Investicija UAB	Code 300643227
Registration address
A. Juozapaviciaus str. 6/2. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 02.02.2007	investments into real estate	Telephone +370 2 75 5093
Fax +370 2 73 3065
DOMMO Nerija UAB	Code 300516742
Registration address Smiltynes str. 25. Klaipeda
Residence address - S. Simkaus str. 8. Klaipeda
Legal form – private limited liability company
Registration date 21.12.2005	investments into real estate	Telephone +370 46 314 313
Fax +370 46 314 316
Ineturas UAB	Code 126075527
Registration address
A. Juozapaviciaus str. 6 / 2. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 30.10.2002	investments into real estate	Telephone +370 2 73 0944
Fax +370 2 73 3065

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
REAL ESTATE SECTOR
Naujoji Svara UAB	Code 125235345
Registration address Seimyniskiu str. 3. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 12.04.2000	investments into real estate	Telephone +370 2 73 0944
Fax +370 2 73 3065
Traku Kelias UAB	Code 124928371
Registration address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius; Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 31.05.1999	investments into real estate	Telephone +370 2 73 0944
Fax +370 2 73 3065
Rieses Investicija UAB	Code 300606428
Registration address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius; Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 11.10.2006	investments into real estate	Telephone +370 2 73 4892
Fax +370 2 73 3065
IBC Logistika UAB	Code 300016395
Registration address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 07.04.2004	investments into real estate	Telephone +370 2 79 0449
Fax +370 2 73 3065
Laikinosios Sostines Projektai UAB^{7}	Code 300543732
Registration address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 01.03.2006	investments into real estate	Telephone +370 2 73 0944
Fax +370 2 73 3065
Dizaino institutas UAB	Code 122288385
Registration address A. Juozapaviciaus str. 11. Vilnius
Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 29.12.1993	investments into real estate	Telephone +370 2 72 1734
Fax +370 2 72 1893
Designing firm Saistas UAB	Code 133689632
Address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Legal form – private limited liability company
Registration date 26.05.1993	investments into real estate	Telephone +370 2 73 4892
Fax +370 2 73 3065

7 On January 27th, 2011 Vilnius District Court decision to initiate the bankruptcy procedure took effect.

20

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
REAL ESTATE SECTOR
Rovelija UAB	Code 302575846
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited liability company
Registration date 20.12.2010	investments into real estate	Telephone +370 2 63 6129
Fax +370 2 79 0530
Sago UAB	Code 301206878
Registration address Seimyniskiu str. 3. Vilnius; Residence address - Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 31.10.2007	investments into real estate	Telephone +370 2 73 0849
Fax +370 2 73 3065
BNN UAB	Code 126153374
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 17.02.2003	investments into real estate	Telephone +370 2 75 3925
Fax +370 2 73 3065
Perspektyvi Veikla UAB	Code 302607087
Address Kalvariju str. 11-20.
Vilnius
Legal form – private limited liability company
Registration date 25.03.2011	investments into real estate	Telephone +370 2 79 0614
E-mail
zita.vaitkeviciene@inreal.lt
Minijos Valda UAB	Code 302663164
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 05.09.2011	investments into real estate	Telephone +370 68650177
E-mail
gediminas.rimkevicius@inreal.lt
Kopu Vėtrunges UAB	Code 302848241
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 14.09.2012	investments into real estate	Telephone +370 2 48 2088
E-mail
agniu.tamosaitis@inreal.lt
Danes Gildija UAB	Code 302775074
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 02.05.2012	investments into real estate	Telephone +370 68650177
E-mail
gediminas.rimkevicius@inreal.lt
Justiniskiu Valda UAB	Code 302705909
Address Justiniskiu str. 62A.
Vilnius; Legal form – private limited liability company
Registration date 02.01.2012	investments into real estate	Telephone +370 2 48 2088
E-mail
vytautas.baksinskas@inreal.lt
Justiniskiu Aikstele UAB	Code 302705898
Address Justiniskiu str. 62A.
Vilnius
Legal form – private limited liability company
Registration date 02.01.2012	investments into real estate	Telephone +370 2 48 2088
E-mail
agniu.tamosaitis@inreal.lt
Elniakampio Namai UAB	Code 300667160
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 04.04.2007	investments into real estate	Telephone +370 2 73 0000
Fax +370 2 73 3065
E-mail
info@elniakampionamai.lt
www.elniakampionamai.lt
Inreal GEO UAB	Code 302604810
Registration address Palangos str. 4. Vilnius; Residence address - K. Donelaicio str. 33-323. Kaunas
Legal form – perivate limited liability company
Registration date 21.03.2011	land plot's geodetic measurement	Telephone +370 37 430 300
Fax +370 37 321 132
E-mail kaunas@inreal.lt
www.inreal.lt

21

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
REAL ESTATE SECTOR
Ekotra UAB	Code 300040019
Address A.Juozapaviciaus str. 6 /
Slucko str. 2. Vilnius; Legal form
– private limited liability
company;
Registration date 21.07.2004	investments into
agricultural land	Telephone +370 62071080
E-mail info@ekotra.lt
Simtamargis UAB	Code 300593984
Registration address
A.Juozapaviciaus str. 6 /Slucko
str. 2. Vilnius; Legal form –
private limited liability company
Registration date 29.08.2006	investments into
agricultural land	Telephone +370 37 430 300
Fax +370 37 321 132
Zemvesta UAB	Code 300955547
Address Palangos str.4. Vilnius.
Legal form – private limited
liability company
Registration date 26.07.2007	investments into
agricultural land	Telephone +370 2 75 3925
Fax +370 2 73 3065
E-mail
edgaras.statkus@inreal.lt
Agrobite UAB	Code 302546727
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 20.09.2010	investments into
agricultural land	Telephone +370 2 75 3925
Fax +370 2 73 3065
E-mail
edgaras.statkus@inreal.lt
Puskaitis UAB	Code 300634388
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 17.01.2007	investments into
agricultural land	Telephone +370 62071080
E-mail info@ekotra.lt
Zemynele UAB	Code 302532930
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 29.07. 2010	investments into
agricultural land	Telephone +370 62071080
E-mail info@ekotra.lt
Zemepatis UAB	Code 302681753
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 28.10.2011	investments into
agricultural land	Telephone +370 2 75 3925
Fax +370 2 73 3065
E-mail
edgaras.statkus@inreal.lt
IZB 1 UAB	Code 300624579
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 13.12.2006	investments into
agricultural land	Telephone +370 2 36 1654
Fax +370 2 36 1637
E-mail
edgaras.statkus@inreal.lt
Laukseja UAB	Code 302777901
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 09.05.2012	investments into
agricultural land	Telephone +370 2 36 1654
Fax +370 2 36 1637
E-mail
edgaras.statkus@inreal.lt

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

| Lauknesys UAB^{8} | Code 303004576
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| --- | --- | --- | --- |
| Kvietukas UAB^{8} | Code 303004512
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| Vasarojus UAB^{8} | Code 303004626
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| Ziemkentys UAB^{8} | Code 303004665
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| Zemgale UAB^{8} | Code 303004505
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| Laukaitis UAB^{8} | Code 303004583
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 62071080
E-mail info@ekotra.lt |
| Kvietnesys UAB^{8} | Code 303004633
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 2 36 1654
Fax +370 2 36 1637
E-mail edgaras.statkus@inreal.lt |
| Ziemgula UAB^{8} | Code 303004640
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 2 36 1654
Fax +370 2 36 1637
E-mail edgaras.statkus@inreal.lt |
| Zemeja UAB^{8} | Code 303004715
Address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 20.02.2013 | investments into agricultural land | Telephone +370 2 36 1654
Fax +370 2 36 1637
E-mail edgaras.statkus@inreal.lt |
| Aikstentis UAB | Code 126412617
Registration address Seimyniskiu str. 1A. Vilnius; Residence address Palangos str. 4.Vilnius; Legal form – private limited liability company
Registration date 23.12.2003 | carries no activity | Telephone +370 2 79 0614
Fax +370 2 73 3065 |

8 Registration date is February 20, 2013

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
FACILITY MANAGEMENT SECTOR
Inreal Pastatu
Prieziura UAB	Code 126180446
Residence address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 25.03.2003	facilities management	Telephone +370 2 73 6607
E-mail prieziura@inreal.lt
www.inreal.lt
IPP Integracijos
Projektai UAB^{9}	Code 302890482
Residence address Palangos str. 4. Vilnius
Legal form – private limited liability company
Registration date 12.10.2012	facilities management	Telephone +370 2 73 6607
E-mail prieziura@inreal.lt
Priemiestis UAB	Code 221487620
Address Skydo str. 30. Vilnius
Legal form – private limited liability company
Registration date 09.07.1992	facilities management	Telephone +370 2 67 0204
Fax +370 2 67 2941
E-mail info@priemiestis.lt
www.priemiestis.lt
Jurita UAB	Code 220152850
Address Justiniskiu str. 62. Vilnius
Legal form – private limited liability company
Registration date 28.12.1990	facilities management	Telephone +370 2 48 2088
E-mail info@jurita.lt
www.jurita.lt
CManagement UAB	Code 186139653
Registration address A. Juozapaviciaus str. 6 / Slucko str. 2. Vilnius; Residence address – Seimyniskiu str. 3. Vilnius
Legal form – private limited liability company
Registration date 17.02.1994	repair activity	Telephone +370 2 13 9074
Fax +370 2 13 9073
Naujosios Vilnius
Turgaviete UAB	Code 302650163
Address Skydo str. 30. Vilnius
Legal form – private limited liability company
Registration date 26.07.2011	markets activities	Telephone +370 2 67 0204
E-mail info@priemiestis.lt
AGRICULTURE SECTOR
Litagra UAB	Code 123496364
Address Savanoriu pr. 173. Vilnius; Legal form – private limited liability company
Registration date 30.01.1996	consulting and business management activity	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagros Prekybos
Centras UAB	Code 300994653
Address Savanoriu pr. 173. Vilnius; Legal form – private limited liability company
Registration date 09.08.2007	agricultural services	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagros Grudu
Centras UAB	Code 300636236
Address Savanoriu pr. 173. Vilnius; Legal form – private limited liability company
Registration date 25.01.2007	elevators service; grain processing	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagros Zemes Ukio
Centras UAB	Code 300655343
Address Stoties str. 6. Marijampolė; Legal form – private limited liability company
Registration date 02.03.2007	primary agricultural production manufacture - grain and dairy farming	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt

9 Registration date is October 12, 2012

24

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
AGRICULTURE SECTOR
Litagros Gyvulininkystes Centras UAB	Code 300994646
Address Savanoriu pr. 173.
Vilnius; Legal form – private limited liability company
Registration date 09.08.2007	carries no activity	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagros Grudai UAB	Code 300004521
Address Savanoriu pr. 173.
Vilnius
Legal form – private limited liability company
Registration date 20.02.2004	buing up grain and rape from producers; sells it to processing plants in the local market and in foreign countries	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail grain@litagra.lt
www.litagra.lt
Litagros Prekyba UAB	Code 122012020
Address Savanoriu pr. 173.
Vilnius
Legal form – private limited liability company
Registration date 20.01.1993	wholesale and retail trade in plant protection products. fertilizers. seeds. full part feeds	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagros retail UAB	Code 224823510
Address Savanoriu pr. 173.
Vilnius
Legal form – private limited liability company
Registration date 01.03.1999	marketing of veterinary products and feeds	Telephone +370 2 36 1600
Fax +370 2 36 1601
E-mail office@litagra.lt
www.litagra.lt
Litagra SIA (Latvia)	Code 40003656745
Address Jelgavas rajons. Cenu pagasts. Langervaldes iela 2. LV 3042. Latvia
Legal form – private limited liability company
Registration date 10.12.2003	agricultural services	Telephone +371 63045285
Fax +371 63048283
E-mail office@litagra.lv
www.litagra.lv
Litagra OÜ (Estonia)	Code 11280089
Address Maakri 44-20
10145 Tallinn. Estonia
Legal form – private limited liability company
Registration date 15.08.2006	wholesale and retail trade in plant protection products. Fertilizers. seeds. Full part feeds	Telephone +372 530 65910
E-mail office@litagra.ee
www.litagra.ee
Litagra AB (Sweden)	Code 556747-2815
Address Ljugar Advokatbyra Box 12174. 102 25 Stockholm. Sweden
Legal form – private limited liability company
Registration date 20.12.2007	carries no activity	Telephone +370 2 36 1600
E-mail office@litagra.lt
www.litagra.lt
Joniskio Grudai AB	Code 157602461
Address Zemaites str. 1. Joniskis
Legal form – public limited liability company
Registration date 12.04.1994	providing of elevator services: storage. sorting and drying of cereals an rapeseeds; mill production: wheat flour. semolina. germ blakes	Telephone +370 426 69 053
Fax +370 426 69 054
E-mail administracija.jg@litagra.lt

25

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
AGRICULTURE SECTOR
Taurages Grudai AB	Code 179400793
Address Pramones str. 20.
Taurage
Legal form – public limited
liability company
Registration date 27.07.1994	main activity is providing
of elevator services:
storage. sorting and
drying of cereals and
rapeseeds	Telephone +370 446 62 780
Fax +370 446 62 785
E-mail
administracija.tg@litagra.lt
Marijampoles Grudai AB	Code 151004592
Address Stoties str. 6.
Marijampole
Legal form – public limited
liability company
Registration date 22.11.1990	main activity is providing
of elevator services:
storage. sorting and
drying of cereals and
rapeseeds	Telephone +370 343 98 828
Fax +370 343 98 822
E-mail
administracija.mg@litagra.lt
Kedainiu Grudai AB	Code 161354477
Address Pramones str. 8.
Kedainiai
Legal form – public limited
liability company
Registration date 19.07.1994	providing of elevator
services: storage. sorting
and drying of cereals an
rapeseeds; production
and sales of rye flour. pet
foods	Telephone +370 347 67 600
Fax +370 347 67 666
E-mail
administracija.kq@litagra.lt
www.kedainiugrudai.lt
Aristavos ZUB
Kedainiu district	Code 161298135
Address Aristavos village.
Vilainiu eldership. Kedainiu
district; Legal form – agricultural
company
Registration date 22.03.1993	crop production (cereals.
rapeseed. sugar beet)
and milk production	Telephone +370 347 46 692
Fax +370 347 46 666
E-mail aristava@litagra.lt
www.litagra.lt
Kalpoku ZUB	Code 167936331
Address Kalpoku village.
Linkuvos eldership. Pakruojo
district; Legal form – agricultural
company
Registration date 25.05.1995	crop production (cereals.
rapeseed. sugar beet).
meat and milk
production	Telephone +370 421 64 504
Fax +370 421 64 504
E-mail kalpokai@litagra.lt
www.litagra.lt
Sesupes ZUB	Code 165670049
Address Netickampio village.
Liudvinavo eldership.
Marijampoles district
Legal form – agricultural
company
Registration date 21.07.1992	crop production (cereals.
rapeseed. sugar beet).
meat and milk
production	Telephone +370 343 32 738
Fax +30 93 030
E-mail
sesupe@litagra.lt
www.litagra.lt
Bausai ZUB Salcininku district	Code 174931263
Address Salcininku village.
Salcininku district
Legal form – agricultural
company
Registration date 16.07.1992	crop production (cereals).
milk production	Telephone +370 380 51 196
Fax +370 380 51 196
E-mail bausai@litagra.lt
www.litagra.lt
Slapaberzes ZUB
Kedainiu district	Code 161290398
Address Slapaberzes village.
Kedainiu district
Legal form – agricultural
company
Registration date 14.01.1993	crop production (cereals.
rapeseed. sugar beet)	Telephone +370 347 32 010
Fax +370 347 32 010
E-mail slapaberze@litagra.lt
www.litagra.lt

26

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
AGRICULTURE SECTOR
Ranktineliai ZUB	Code 171331669
Address Pociuneliai. Radviliskio district
Legal form – agricultural company
Registration date 20.04.1993	crop production (cereals. rapeseed. sugar beet)	Telephone +370 422 63 125
E-mail aristava@litagra.lt
www.litagra.lt
Berzu ZUB Kedainiu district	Code 161266098
Address Berzu village. Kedainiu district
Legal form – agricultural company
Registration date 16.10.1992	crop production (cereals)	Telephone +370 347 47 571
Fax +370 347 47 571
www.litagra.lt
INFORMATION TECHNOLOGY SECTOR
BAIP Grupe UAB	Code 300893533
Address Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Legal form – private limited liability company
Registration date 27.06.2007	investments into information technology companies	Telephone +370 2 19 0000
Fax +370 219 5900
E-mail info@baipgrupe.lt
www.baipgrupe.lt
Informatikos Pasaulis UAB	Code 126396718
Address Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Legal form – private limited liability company
Registration date 11.12.2003	information technology infrastructure solutions	Telephone +370 2 77 9700
Fax +370 2 77 9725
E-mail info@infopasaulis.lt
www.infopasaulis.lt
Vitma UAB	Code 121998756
Address Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Legal form – private limited liability company
Registration date 25.06.1993	investments into information technology companies	Telephone +370 2 19 0000
Fax +370 2 19 5900
Acena UAB	Code 300935644
Address Juozapaviciaus str. 6 / Slucko str. 2. Vilnius; Legal form – private limited liability company
Registration date 20.07.2007	information technology infrastructure development and support	Telephone +370 2 75 9647
Fax +370 2 73 5106
E-mail info@acena.lt
www.acena.lt
BAIP UAB	Code 301318539
Address Juozapaviciaus str. 6 / Slucko str. 2. Vilnius
Legal form – private limited liability company
Registration date 03.12.2007	information technology infrastructure solutions. information technology security consultations. information technology infrastructure support services	Telephone +370 2 19 0000
Fax +370 2 19 5900
E-mail info@baip.lt
www.baip.lt
Norway Registers Development AS	Code 985 221 405
Address Billingstadsletta 35 1375 BILLINGSTAD 0220 ASKER Norvegija
Legal form – public limited liability company
Registration date 23.12.2002	creation of new register reforms in various countries. providing consultancy on the information system design	Telephone +47 66 98 30 28
E-mail nrd@nrd.no

27

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
INFORMATION TECHNOLOGY SECTOR
NRD UAB	Code 111647812
Address Zygimantu str. 11-5.
Vilnius
Legal form – private limited liability company
Registration date 15.10.1998	creation of new register reforms in various countries. providing consultancy on the information system design	Telephone +370 2 31 0731
Fax +370 2 31 0730
E-mail info@nrd.lt
www.nrd.lt
OTHER COMPANIES
Trakcja-Tiltra S.A.	Code 0000084266
Address Zlota str. 59.
00 - 120 Warsaw. Poland
Legal form – public limited liability company
Registration date 29.01.2002	rail and road infrastructure. bridge construction	Telephone +48 22 628 6263
Fax +48 22 483 3013
E-mail sekretariat@trakcja.com
www.trakcjatiltra.com
Kelio Zenklai UAB	Code 185274242
Address Gelezinkelio str. 28.
Pilviskiai. Vilkaviskio r.
Legal form – private limited liability company
Registration date 06.09.1994	metal and wood processing and wholesale trade	Telephone +370 342 67 756
Fax +370 342 67 644
E-mail info@keliozenklai.lt
www.keliozenklai.lt
Lauko Gelininkystes Bandymu Stotis UAB	Code 221496060
Address A.Kojelaviciaus str. 1.
Vilnius;
Legal form – private limited liability company
Registration date 23.07.1992	growning and trade of ornamental plants. flowers	Telephone +370 2 67 1718
Fax +370 2 67 7949
E-mail inga@augalucentras.lt
www.augalucentras.lt
Iniciatyvos Fondas Vsl	Code 300657209
Registration address Seimyniskiu str. 3.
Vilnius
Residence address Seimyniskiu str. 1A.
Vilnius
Legal form – public institution
Registration date 08.03.2007	organising of social initiative programmes	Telephone +370 2 63 6129
Fax +370 2 79 0530
E-mail info@iniciatyvosfondas.lt
www.iniciatyvosfondas.lt
Inreal Pastatu Prieziuros Grupe UAB	Code 301673796
Residence address Seimyniskiu str. 1A.
Vilnius; Legal form – private limited liability company
Registration date 07.04.2008	investing in building maintenance companies	Telephone +370 2 63 6129
Fax +370 2 79 0530
IPP Integracijos Projektai UAB	Code 302890482
Residence address Palangos str. 4.
Vilnius
Legal form – private limited liability company
Registration date 12.10.2012		Telephone +370 2 73 6607
E-mail prieziura@inreal.lt
Aktyvo UAB	Code 301206846
Registration address Seimyniskiu str. 3.
Vilnius; Residence address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited liability company
Registration date 31.10.2007	bad debt activity	Telephone +370 2 63 6129
Fax +370 2 79 0530

28

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
OTHER COMPANIES
ENTE UAB	Code 301206860
Registration address Seimyniskiu str. 3. Vilnius; Residence address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 31.10.2007	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
Finansu Rizikos Valdymas UAB	Code 300045450
Residence address Seimyniskiu str. 1A. Vilnius; Legal form – private limited liability company
Registration date 04.08.2004	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
Invetex AB	Code 133190113
Address Seimyniskiu str. 1A. Vilnius
Legal form – public limited liability company
Registration date 31.01.1992	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
Investiciju Tinklas UAB	Code 301206885
Registration address Seimyniskiu str. 3. Vilnius; Residence address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 31.10.2007	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
FORTINA UAB	Code 301673789
Residence address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 07.04.2008	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
Cedus Invest UAB	Code 302576631
Address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 20.12.2010	investment activities	Telephone +370 2 63 6129
Fax +370 2 79 0530
Aktyvus Valdymas UAB	Code 301673764
Registration address Seimyniskiu str. 3. Vilnius; Residence address Address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 07.04.2008	investment in real estate companies	Telephone +370 2 63 6129
Fax +370 2 79 0530
ZVF Projektai UAB	Code 300137062
Address Smolensko str. 10. Vilnius
Legal form – private limited liability company
Registration date 16.08.2005	investments into agricultural land	Telephone +370 2 33 5369
Fax +370 2 13 8594
E-mail info@zvf.lt
MBGK UAB	Code 300083611
Address Seimyniskiu str. 1A. Vilnius
Legal form – private limited liability company
Registration date 27.01.2005	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530

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Consolidated interim report of Invalda AB for 12 months of 2012

Invalda

Company	Registration information	Type of activity	Contact details
OTHER COMPANIES
MGK Invest UAB	Code 302531757
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited
liability company
Registration date 27.07.2010	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530
RPNG UAB	Code 302575892
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited
liability company
Registration date 20.12.2010	carries no activity	Telephone +370263 6129
Fax +370279 0530
Consult Invalda UAB	Code 302575814
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited
liability company
Registration date 20.12.2010	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530
Regenus UAB	Code 302575821
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited
liability company
Registration date 20.12.2010	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530
Via Solutions UAB	Code 302617188
Address Palangos str. 4. Vilnius
Legal form – private limited
liability company
Registration date 19.04.2011	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530
Invalda LUX S.a.r.l.
(Luxembourg)	Code B158274
Address 560A. rue de Neudorf.
L-22200 Luxembourg
Legal form – ribotos atsakomybes
bendrove
Registration date 25.01.2011	carries no activity	Telephone +352 26 43661
Fax +352 26 4366300
Cedus UAB	Code 302656796
Address Seimyniskiu str. 1A.
Vilnius
Legal form – private limited
liability company
Registration date 18.08.2011	carries no activity	Telephone +370 2 63 6129
Fax +370 2 79 0530