INVL Technology — Earnings Release 2014

Apr 30, 2015

4. To distribute the profit of the public joint-stock company INVL Technology (code 303299817), which ceased its activities on 9 February 2015, after the merger into BAIP Group AB (code 300893533), which took over the corporate name of the public joint-stock company INVL Technology and operates in the market) for 2014 as follows:

Article	(thousand LTL)	(thousand EUR)
Retained earnings (loss) at the begining of the financial year of the reporting period	13,653	3,954
Net profit (loss) for the financial year	9,986	2,892
Profit (loss) not recognized in the income statement of the reporting financial year	-	-
Shareholders contributions to cover loss	-	-
Distributable profit (loss) at the end of the financial year of the reporting period	23,639	6,846
Transfers from reserves	-	-
Distributable profit (loss) in total	23,639	6,846
Profit distribution:	-	-
- Profit transfers to the legal reserves	-	-
-Profit transfers to the reserves for own shares acquisition	-
- Profit transfers to other reserves	-
- Profit to be paid as dividends	-
- Profit to be paid as annual payments (bonus) and for other purposes	-
Retained earnings (loss) at the end of the financial year	23,639	6,846

8. To distribute the profit of BAIP Group AB, which after the merger into the public joint-stock company INVL Technology (303299817) in 9 February 2015 operates in the market under the new name the public joint-stock company INVL Technology for 2014 as follows:

Article	(thousand LTL)	(thousand EUR)
Retained earnings (loss) at the begining of the financial year of the reporting period	(3,703)	(1,073)
Net profit (loss) for the financial year	37,142	10,757
Profit (loss) not recognized in the income statement of the reporting financial year	1,011	293
Shareholders contributions to cover loss	-	-
Distributable profit (loss) at the end of the financial year of the reporting period	34,450	9,977
Transfers from reserves	-	-
Distributable profit (loss) in total	34,450	9,977
Profit distribution:	-	-
- Profit transfers to the legal reserves	(611)	(177)
-Profit transfers to the reserves for own shares acquisition	(33,839)	(9,800)
- Profit transfers to other reserves	-	-
- Profit to be paid as dividends	-	-
- Profit to be paid as annual payments (bonus) and for other purposes	-	-
Retained earnings (loss) at the end of the financial year	-	-