AB Akola Group — Interim / Quarterly Report 2020

Nov 30, 2020

LINAS AB INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF THE NINE MONTHS OF 2020

2020 09 30

Linas AB Company code 147689083 S. Kerbedzio 23, Panevezys

November 30, 2020

Following Art. 22 of the Law on Securities of the Republic of Lithuania and the Regulations for Drawing-up and Submission of the Periodic and the Additional Information issued by the Board of Lithuanian Bank, we, Vilita Skersienė, Director of Linas AB, and Egidijus Mikeliūnas, Head of finance dept. of Linas AB hereby confirm that to our best knowledge interim consolidated nine months financial statements of year 2020 of Linas AB Group of companies were drawn following the International Financial Reporting Standards adopted for use in the European Union, and present the fair and accurate status of the consolidated assets, liabilities, financial condition and profit or loss and money flows of the Linas AB Group of companies.

Interim consolidated financial statements were not audited, consolidated interim report was not evaluated by the auditors.

November 30, 2020

November 30, 2020

Director Linas AB Vilita Skersienė

Head of finance dept. Linas AB Egidijus Mikeliūnas

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 2020 - 30 09 2020		EUR
Article No.	Article	2020-09-30	2019-12-31
	Assets
A.	Fixed assets	3,108,225	3,437,671
1.	Intangible assets	62,834	46,430
1.1.	Assets arising from development	-	-
1.2.	Goodwill	-	-
1.3.	Software	62,834	46,430
1.4.	Concessions, patents, licenses, trademarks and similar rights	-	-
1.5.	Other intangible assets	-	-
1.6.	Advance payments	-	-
2.	Tangible assets	1,654,400	2,018,705
2.1.	Land	-	-
2.2.	Buildings and structures	1,194,574	1,274,217
2.3.	Machinery and plant	9,602	267,003
2.4.	Vehicles	62,265	87,787
2.5.	Other equipment, fittings and tools	11,786	15,797
2.6.	Investment property	373,901	373,901
2.6.1.	Land	373,901	373,901
2.6.2.	Buildings	-	-
2.7.	Advance payments and tangible assets under construction (production)	2,273	-
3.	Financial assets	1,390,979	1,372,525
3.1.	Shares in entities of the entities group	-	-
3.2.	Loans to entities of the entities group	-	-
3.3.	Amounts receivable from entities of the entities group	-	-
3.4.	Shares in associated entities	-	-
3.5.	Loans to associated entities	1,379,256	1,352,519
3.6.	Amounts receivable from the associated entities	11,433	19,716
3.7.	Long-term investments	290	290
3.8.	Amounts receivable after one year	-	-
3.9.	Other financial assets	-	-
4.	Other fixed assets	11	11
4.1.	Assets of the deferred tax on profit	11	11
4.2.	Biological assets	-	-
4.3.	Other assets	-	-
B.	Current assets	8,379,765	7,395,331
1.	Stocks	4,782,101	5,715,047
1.1.	Raw materials, materials ir consumables	2,632,057	3,397,857
1.2.	Production and work in progress	27,666	44,719
1.3.	Finished goods	2,052,536	2,077,561
1.4.	Goods for resale	2,518	2,730
1.5.	Biological assets	-	-
1.6.	Fixed tangible assets held for sale	60,000	-
1.7.	Advance payments	7,325	192,180
2.	Amounts receivable within one year	1,018,204	1,298,837
2.1.	Trade debtors	916,997	1,072,473
2.2.	Amounts owed by entities of the entities group	-	-
2.3.	Amounts owed by associates entities	-	-
2.4.	Other debtors	101,207	226,364
3.	Short-term investments	-
3.1.	Shares in entities of the entities group	-
3.2.	Other investments	-
4.	Cash and cash equivalents	2,579,460	381,447
C.	Prepayments and accrued income	9,975	46,624
	Total assets	11,497,966	10,879,626

Article No.	Article	2020-09-30	2019-12-31
	Equity and liabilities
D.	Equity	8,464,389	8,360,122
1.	Capital	6,885,916	6,971,307
1.1.	Authorised (subscribed) or primary capital	6,971,307	6,971,307
1.2.	Subscribed capital unpaid (–)	-	-
1.3.	Own shares (–)	(85,391)	-
2.	Share premium account	-	-
3.	Revaluation reserve	-	-
4.	Reserves	317,709	479,319
4.1.	Compulsory reserve	53,280	44,890
4.2.	Reserve for acquiring own shares	264,429	264,429
4.3.	Other reserves	-	170,000
5.	Retained profit (loss)	1,260,764	909,496
5.1.	Profit (loss) for the reporting year	189,658	108,697
5.2.	Profit (loss) brought forward	1,071,106	800,799
6.	Adjustments due to exchange rate change	-	-
7.	Non-controlled part	-	-
E.	Grants, subsidies	-	341
F.	Provisions	-	-
1.	Provisions for pensions and similar obligations	-	-
2.	Provisions for taxation	-	-
3.	Other provisions	-	-
G.	Amounts payable and other liabilities	3,033,385	2,510,383
1.	Amounts payable after one year and other long-term liabilities	1,462,632	132,632
1.1.	Debenture loans	1,330,000	-
1.2.	Amounts owed to credit institutions	132,632	132,632
1.3.	Payments received on account	-	-
1.4.	Trade creditors	-	-
1.5.	Amounts payable under the bills and checks	-	-
1.6.	Amounts payable to the entities of the entities group	-	-
1.7.	Amounts payable to the associated entities	-	-
1.8.	Other amounts payable and long-term liabilities	-	-
2.	Amounts payable within one year and other short-term liabilities	1,570,753	2,377,751
2.1.	Debenture loans	-	-
2.2.	Amounts owed to credit institutions	44,211	176,842
2.3.	Payments received on account	96,265	76,565
2.4.	Trade creditors	1,052,393	1,915,971
2.5. 2.6.	Amounts payable under the bills and checks Amounts payable to the entities of the entities group	- -	- -
2.7.	Amounts payable to the associated entities	-	-
2.8.	Liabilities of tax on profit	-	-
2.9.	Liabilities related to employment relations	179,543	142,153
2.10.	Other amounts payable and short-term liabilities	198,342	66,220
H.	Accruals and deferred income	191	8,780
	Total equity and liabilities	11,497,966	10,879,626

Director Vilita Skersienė Head of finance dept. Egidijus Mikeliūnas

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Formulated according to TFAS, not audited

	Current period 01 01 2020 - 30 09 2020
Article	Article	Q1-Q3	Q1-Q3	Q3	Q3
No.		of 2020	of 2019	of 2020	of 2019
1	Net turnover	9,599,127	9,900,952	3,525,339	3,249,690
1 1	Income for sold goods	9,422,105	9,651,725	3,495,621	3,182,579
1 2	Income for sold services	177,023	249,226	29,719	67,110
2	Cost of sales	(8,182,316)	(8,393,915)	(3,010,911)	(2,828,626)
2 1	Cost price of sold production	(8,080,756)	(8,255,802)	(3,157,683)	(2,665,769)
2 2	Cost price of sold services	(101,560)	(138,113)	146,772	(162,857)
4	GROSS PROFIT (LOSS)	1,416,812	1,507,037	514,428	421,064
5	Selling expenses	(467,783)	(531,776)	(139,309)	(144,153)
6	General and administrative expenses	(937,038)	(991,409)	(281,844)	(301,471)
7	Other operating results	176,280	133,586	34,088	40,348
7 1	Income	721,693	659,884	212,162	152,131
7 2	Expenses	(545,413)	(526,298)	(178,073)	(111,782)
	Income from investments to the shares of	-	-	-
	parent, subsidiaries and associated entities				-
8 9	Income from other long-term investments and	26,738	26,640	8,978
	loans				8,978
10	Other interest and similar income	11,710	12,879	2,620	5,800
	The impairment of the financial assets and	-	-	-
11	short-term investments				-
12	Interest and other similar expenses	(37,060)	(21,760)	(16,572)	(7,616)
13	PROFIT (LOSS) BEFORE TAXATION	189,658	135,197	122,390	22,950
14	Tax on profit	-	(3,256)	-	0
	PROFIT (LOSS) BEFORE MINORITY
15	INTEREST SEPARATION	189,658	131,941	122,390	22,950
16	Earnings (loss) per share	0.008	0.005	0.005	0.001

Director Vilita Skersienė

Head of finance dept Egidijus Mikeliūnas

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Current period 01 01 2020 - 30 09 2020												EUR
					Revaluation Law covered
					reserve (results)	reserves				The
	Paid-up authorized	Additions	Pro prietary shares	Long term tangible	Financial		Proprie tary shares procure	Other	Profit (loss) brought	influence of currency rate	Not controlled
	capital	to shares	(-)	assets	assets	Obligatory	ment	reserves	forward	change	part	Total
	1	2	3	4	5	6	7	8	9	10	11	12
Remainder on 31 December, 2018	6,971,307	0	0	0	0	290	0		170,000 1,109,829	0		0 8,251,426
Profit (loss) not recognised in the statement of profit or loss and other comprehensive income												0
Net profit (loss) of									108,974			108,974
the reporting period
Formed reserves							44,600 264,429		(309,029)
Liquidates reserves												0
Remainder on 30 September, 2019	6,971,307	0	0	0	0		44,890 264,429	170,000	909,774	0		0 8,360,400
Profit (loss) not recognised in the statement of profit or loss and other comprehensive income												0
Net profit (loss) of
the reporting period									(277)			(277)
Formed reserves												0,
Liquidates reserves												0,
Remainder on 31 December, 2019	6,971,307	0	0	0	0		44,890 264,429	170,000	909,496	0		0 8,360,122
Profit (loss) not recognised in the statement of profit or loss and other comprehensive income												0
Net profit (loss) of the reporting period									559 658			559 658
Share of profit allocated to dividends									(370 000)			(370 000)
Own shares			(85 391)
acquisition
Formed reserves						8 390			(8 390)			0
Liquidates reserves								(170 000)	170 000			0
Remainder on 30 September, 2020	6 971 307		0 (85 391)	0	0		53 280 264 429		0 1 260 764	0		0 8 464 389

Director Vilita Skersienė

Head of finance dept Egidijus Mikeliūnas

CONSOLIDATED STATEMENT OF CASH FLOWS

Current period 01 01 2020 - 30 09 2020

	Formed in direct pattern, not audited
--	---------------------------------------	--

	Formed in direct pattern, not audited		EUR
Article	Articles
No			Q1-Q3 of 2020 Q1-Q3 of 2019
I	Cash flows from operating activities
I 1	Cash inflows of the reporting period (VAT included)	11,252,001	11,216,898
I 1 1	Cash inflows from customers	10,985,812	10,991,748
I 1 2	Other inflows	266,189	225,150
I 2	Cash outflows of the reporting period	(10,404,249)	(11,476,521)
I 2 1	Cash paid to suppliers of raw materials, goods and services (VAT included)	(9,332,599)	(10,259,984)
I 2 2	Cash outflows related to employment relations	(970,143)	(1,080,625)
I 2 3	Taxes paid into the budget	(36)	(30,507)
I 2 4	Other payments	(101,471)	(105,405)
	Net cash flows from operating activities	847,752	(259,623)
II	Cash flows from investing activities	,	,
II 1	Acquisition of fixed assets (excluding investments)	(44,633)	(60,860)
II 2	Disposal of fixed assets (excluding investments)	303,105	-
II 3	Acquisition of long-term investments	-	-
II 4	Disposal of long-term investments	-	-
II 5	Loans granted	-	-
II 6	Loans recovered	-	-
II 7	Dividends received	-	-
II 8	Interest received for loans granted and investment	-	-
II 9	Other increases in cash flows from investing activities	-	-
II 10	Other decreases in cash flows from investing activities	-	-
	Net cash flows from investing activities	258,472	(60,860)
III	Cash flows from financing activities	,	,
III 1	Cash flows related to entity's owners	(85,391)	-
III 1 1	Issue of shares	-	-
III 1 2	Owner's contributions to cover losses	-	-
III 1 3	Purchase of own shares	(85,391)	-
III 1 4	Dividends paid	-	-
III 2	Cash flows related to other financing sources	1,176,526	(146,628)
III 2 1	Increase in financial debts	1,330,000	-
III 2 1 1	Loans received from credit institutions	-	-
III 2 1 2	Loans received from associated and third parties	1,330,000	-
III 2 1 3	Issue of bonds	-	-
III 2 2	Decrease in financial debts	(153,474)	(146,628)
III 2 2 1	Loans returned to credit institutions	(132,632)	(132,632)
III 2 2 2	Loans returned to associated and third parties	-	-
III 2 2 3	Redemption of bonds	-	-
III 2 2 4	Interest paid	(20,842)	(13,996)
III 2 2 5	Finance leases payments	-	-
III 2 3	Interests received for bank accounts	-	-
III 2 4	Increase in other liabilities of the entity	-	-
III 2 5	Decrease in other liabilities of the entity	-	-
III 3	Other increases in cash flows from financing activities	531	1,367
III 4	Other decreases in cash flows from financing activities	(20)	(910)
	Net cash flows from financing activities	1,091,646	(146,171)
	Adjustments due to exchange rates on the balance of cash and cash
IV	equivalents	143	(498)
V	Increase (decrease) of net's cash flows	2,198,013	(467,152)
VI	Cash and cash equivalents at the beginning of the period	381,447	615,228
VII	Cash and cash equivalents at the end of the period	2,579,460	148,076

Head of finance dept Egidijus Mikeliūnas

Director Vilita Skersienė

EXPLANATORY MEMORANDUM OF INTERIM CONSOLIDATED FINANCIAL STATEMENTS

30 September, 2020

1. General

The Linas company was launched in 1957 A public limited company Linas (further called the Company) was registered on 8 March, 1993, the number of registration is 003429, registration code 147689083, the data are stored with the Register of Legal Entities The Company is the company of limited property liability 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 June, 2020, 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 6,971,307 10 Eur, it is divided into 24,038,990 ordinary registered shares the nominal value of which is 0 29 Eur, there are no issued and not paid shares There were no changes in authorized capital during accounting period

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

On 30st of September, 2020 the average number of listed employees of the Group was 116, on 30th of September, 2019 – 144 employees. The 19.4% decrease in the number of employees was due to the refusal to keep accounting by ordering this service from a company providing accounting services. Also, by optimizing the administration of employees and the need for employees, the number of employees of AB Linas and its subsidiary UAB Lino apdaila was reduced by replacing them by hiring employees from a company providing such services.

The Group's main activity is the production and sale of textiles The main activities of the public limited liability company "Linas" are trading in linen textiles and provision of services; other activities carried out by the Company are the management of financial assets (shares and granted loans), heat supply, rental of property, revenues from accounting and administration services The activities of UAB "Lino apdaila" are the provision of textile production services, i e textile production sewing services

AB "Linas" Group of company supplies services from yarns preparation for dyeing till the presentation of final product to the customer

AB "Linas" Group of company weaves natural, dyed, printed, two-plied, jacquard linen and half linen fabrics, sews home textile items and garments

The exclusivity of the company is that produced linen products are natural, ecological and long-lived Company accepts individual orders to suit customers' demand, which require exclusivity, and stock collection to the customers who requires quick delivery terms

The main incomes of Group of companies of 9 months of year 2020 were received from textile items sales activities and the services of textile items production

During the 9 months of year 2020 the Group ordered to produce or to treat technologically: linen and tow yarns – 40 tons (9 months of year 2019 – 51 tons); raw fabrics – 444 thousand mtrs (9 months of year 2019 – 575 thousand mtrs); ready-made fabrics – 1,365 thousand mtrs (9 months of year 2019 – 1,037 thousand mtrs) 22.5 % of all produced fabrics were used for sewn items during 9 months of year 2020 (9 months of year 2019 – 20.4 %)

During 9 months of year 2020 the Group produced 700 thousand pcs sewn items (during 9 months of year 2019 – 616 thousand pcs), using 307 thousand mtrs of ready-made fabrics (during 9 months of year 2019 – 344 thousand mtrs)

The volume of exports during 9 months of 2020 was 69.7 % of the total product sales

Linas AB group of companies sold linen textile goods and services for 9,599 thousand Eur during the 9 months of 2020 Comparing to the 9 months of 2019 the volume of sales decreased by 302 thousand Eur or 3 % . During three quarters of year 2020 the Group's sales and production volumes decreased compared to the same period last year due to local and foreign trade restrictions imposed during the global pandemic.

During nine months of 2020 the Group received 190 thousand Eur profit before taxation, the result of the same period of 2019 was 132 thousand Eur profit. Profit of the Group increased due to optimized costs.

145 thousand Eur credit sum is granted to the Company acc to the account lending contract which was signed between the bank and AB "Linas" on 2012 04 10 Company's reserves, the balancing value of which are 1 448 thousand Eur acc to the mortgage sheets, are mortgaged for the credit sum UAB "Lino apdaila" is guarantee for all credit sum and term to ensure credit sum The validation term of account credit contract is till March 31, 2023 Alternate interests are paid for used credit, which are accounted as three months term Eur EURIBOR plus bank margin

Acc to the financial obligations limit contract signed between the bank and AB "Linas" on 07 10 2013, the credit of 290 thousand Eur is granted to the Company, for which company resources are mortgaged with the latest mortgage, the balance value of which acc to the mortgage sheets are 1 448 thousand Eur For the insurance of credit sum the warranty for all credit sum and term is received from UAB "Lino apdaila" The validation term of the financial obligations limit contract is till September 30, 2020 In October 2020, the company plans to sign an Agreement with the bank on the extension of Financial obligations limit until 30 September 2021 Alternate interests are paid for used credit, which are accounted as six months term Eur EURIBOR plus bank margin

According to the credit agreement, concluded on 26 09 2016 between the bank and Linas AB, the credit, amounting to EUR 840 thousand, was granted to the Company In order to ensure the performance of the Company's obligations to the bank the maximum mortgage agreement was concluded, according to which the immovable property of Linas AB is mortgaged and surety ship of Lino Apdaila UAB is granted for the entire amount and period of credit The time period of the credit agreement is till 15 September 2021 Alternate interests are paid for used credit, which are accounted as six months term Eur EURIBOR plus bank margin

According to the credit agreement, concluded on 17 04 2020 between Verslo dizainas, UAB and Linas, AB, the credit, amounting EUR 1,330 thousand, was granted to the Company The time period of the credit agreement is till 30 April 2023 Alternate interests are paid for used credit, which are fixed

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 guidelines, accounting methods and rules are the same for interim financial statements as for annual financial statements

3. Notes of the memorandum

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

3.2. The status of the investment property during the reporting period is presented in table 2 "Changes of investment property"

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

3.4. The information on Group's selling, general and administration expenses (Table 5 "Selling expenses, general and administration expenses")

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

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

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

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

3.9. Important events after the last day of interim financial period:

On 26 October 2020 and on 16 November 2020 during the purchase of own shares, AB "Linas" purchased total 981,924 shares. After own shares acquisition AB "Linas" holds 1,835,833 shares or 7.64 per cent of its own shares.

CHANGES OF LONG-TERM INTANGIBLE ASSETS

							EUR
Indicators	Assets arising from developme nt	Goodwill	Software	Concessions, patents, licenses, trademarks and similar rights	Other intangible assets	Advance payments	Total
Residual value at the end of previous financial year	0	0	46,430	0	0	0	46,430
a) Procurement cost price of fixed intangible assets
At the end of previous financial year	0	0	104,694	0	0		0 104,694
Changes of financial year	0	0	21,640	0	0	0	21,640
· Procurement of assets			21,640				21,640
· Written-off property because of the accounting evaluation change (-)
· Assets, transferred to other individuals and discarded (-)
· Transcription from one article to another +/(-)
At the end of interim accounting period	0	0	126,334	0	0		0 126,334
b) Amortization
At the end of previous financial year	0	0	58,265	0	0	0	58,265
Changes of financial year	0	0	5,235	0	0	0	5,235
· Written-off property because of the accounting evaluation change (-)
· Financial year amortization			5,235				5,235
· Restorational records (-)
· Assets, transferred to other individuals and discarded (-)
· Transcription from one article to another +/(-)
At the end of interim accounting period	0	0	63,500	0	0	0	63,500
c) Residual value at the end of interim accounting period (a) - (b)	0	0	62,834	0	0	0	62,834

CHANGES OF LONG-TERM TANGIBLE ASSETS

EUR

							EUR
Land	Buildings and structures	and plant	Vehicles	Other tools	Investment property	Advance payments and tangible assets under constructi on (producti on)	Total
							0 2,018,706
							0 3,634,104
							2,273 (633,603)
							3,264
							2,273 3,000,500
							0 1,573,398
							0 (269,298)
	79,643	22,008	12,776	5,001			119,428
							(388,726)
							0 1,304,099
							42,000
							0
	0		0		42,000	0	42,000
		9,602	62,265	11,786	373,901		2,273 1,654,400
		0 1,274,217 0 1,585,638 0 0 0 1,585,638 0 311,421 0 79,643 0 391,064 0 0 0 0 0 0 1,194,574	267,003 1,323,762 (587,027) (587,027) 736,735 1,056,759 (329,625) (351,633) 727,134 0	Machinery 87,788 247,679 (49,840) (49,840) 197,838 159,891 (24,317) (37,093) 135,573 0 0 0 0	15,797 61,124 991 991 62,115 45,327 5,001 50,328 0	equipment, fittings and 373,901 415,901 0 , 415,901 0 0 0 42,000 0 0 0	2,273 0 0

INFOR	MATION ABOUT SEG	MENTS OF TEXTILE PRODUCTS PRODUCTION BUSINESS
				Segments (production, goods, types of activity)						EUR
Indicators	Fabrics			Sewn products	Yarns		Production services			All enterprises
	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3
Income	6,626,306	6,632,330	2,765,049	2,999,009	30,750	20,386	177,023	249,226	9.599.127	9.900.952
Cost price	5,624,525	5,546,047	2,413,834	2,690,915	42,396	18,841	101,560	138,112	8,182,316	8,393,915
Gross profit (losses)	403,325	1,086,283	117,004	308,094	252	1,545	42,769	111,114	1,416,812	1,507,037
Selling expenses, general and administrative expenses									1,404,821	1,523,185
Profit (looses) on main activity	403.325	1.086.283	117.004	308.094	252	1.545	42.769	111.114	11,990	(16,148)
	INFOR			MATION ABOUT GEOGRAPHICAL SEG			MENTS OF TEXTILE ITE		MS PRODUCTION			Table 4
												EUR
Indicators	Scandinavian countries			European countries	Segments (regions) USA		Lithuania			Other countries	All enterprises
	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3	of 2020 Q1-Q3	of 2019 Q1-Q3
Income	1,109,888	1,537,939	4,140,934	4,135,890	273,791	349,285	2,908,201	2,818,634	1,166,314	1,059,203	9.599.127	9.900.952
Cost price	903.142	1.214.592	3.605.079	3.598.980	214.678	264.024	2.443.166	2.391.483	1,016,249	924,836	8.182.316	8.393.915
Gross profit (losses)	120.347	323.347	211.680	536.910	25.932	85.261	140.678	427.151	64.713	134.367	1.416.812	1.507.037
Selling expenses, general and administrative expenses											1.404.821	1.523.185
Profit (looses) on main activity	120.347	323.347	211.680	536.910	25.932	85.261	140.678	427.151	64.713	134.367	11,990	(16,148)

SELLING EXPENSES, GENERAL AND ADMINISTRATIVE EXPENSES

			EUR
Run No	Indicators	Q1-Q3 of 2020	Q1-Q3 of 2019
1	Selling expenses	467,783	531,776
1 1	Expenses on commissions	186,536	151,949
1 2	Expenses on transporting of sold production	16,831	48,746
1 3	Expenses on production advertising and fair	53,328	92,623
	Expenses on sales number employees wage and
1 4	other with employees related relations	150,619	197,701
	Evaluate of customers creditworthiness and
1 5	insurance costs of marketable credits	13,064	21,443
1 6	Other sales expenses	47,405	19,312
2	General and administrative expenses	937,038	991,409
	Expenses related with employees wage and other
2 1	with employees related relations	460,289	520,878
2 2	Rent, exploitation and repairing expenses	205,030	214,503
2 3	Expenses of security services	24,437	24,437
	Expenses of deterioration and amortization of
2 4	non-current asset	78,360	76,232
2 5	Expenses of info technologies	25,865	26,751
2 6	Connection expenses	7,743	8,051
2 7	Expenses of bank services	14,181	15,152
2 8	Legal services expenses	7,480	25,488
2 9	Expenses of support provided	1,332	12,033
	2 10 Expenses of social guarantees, stated in collective
	agreement	6,494	1,264
	2 11 Representation expenses	3,224	8,175
	2 12 Expenses of activity tax	3,608	4,600
	2 13 Low-value assets acquisition expenses	6,152	1,93
	2 14 Expenses of impairment of assets	0	1,582
	2 15 Various other general and administrative expenses	92,843	50,332
3	TOTAL SELLING EXPENSES, GENERAL
	AND ADMINISTRATIVE EXPENSES	1,404,821	1,523,185

OTHER ACTIVITY

Table 6

			EUR
Run No	Indicators	Q1-Q3 of 2020	Q1-Q3 of 2019
1	INCOME OF OTHER ACTIVITY - TOTAL	721,693	659,884
	Specification of significant amount:
	1 1 Gains on disposals of long-term assets	32,279	0
	1 2 Income of various storages selling	248,437	90,349
	1 3 Income of rent	122,102	151,174
	1 4 Income for accounting and administration services	14,700	44,100
	1 5 Income for thermal heating supply	303,722	371,668
	1 6 Various other non-typical activity income	451	2,593
2	EXPENSES OF OTHER ACTIVITY - TOTAL	545,413	526,298
	Specification of significant amount:
	2 1 Losses on disposal of long-term assets	0	0
	2 2 Net cost of sold various storages	211,639	69,346
	2 3 Net cost of rent	45,842	81,344
	2 4 Costs for accounting and administration services	14,507	43,519
	2 5 Costs for thermal heating supply	273,426	332,074
	2 6 Various other non-typical activity expenses	0	15
3	RESULTS OF OTHER ACTIVITY (1-2)	176,280	133,586

Table 7

FINANCIAL AND INVESTMENT ACTIVITY

			EUR
Run No	Indicators	Q1-Q3 of 2020	Q1-Q3 of 2019
1	FINANCIAL AND INVESTMENT ACTIVITY
	INCOME - TOTAL	38,448	39,519
	Specification of significant amount:
	1 1 Incomes of other long-term investments and loans	26,738	26,640
	1 1 1 Income of other interests	26,738	26,640
	1 1 2 Income of bank interests	0	0
	1 2 Incomes of other interest or similar incomes	11,710	12,879
	1 2 1 Fines and penalties for the drawn debts	0	0
	1 2 2 Positive result of changes of currency exchange	11,710	12,879
2	FINANCIAL AND INVESTMENT ACTIVITY
	EXPENSES - TOTAL	37,060	21,760
	Specification of significant amount:
	2 1 Costs of interest and other similar costs	37,060	21,759
	2 1 1 Expenses of interest	27,502	13,996
	2 1 2 Fines and delay fees	0	0
	2 1 3 Negative result of changes of currency exchange	9,558	7,763
	2 1 4 Expenses of other financial-investment activity	0	0
3	FINANCIAL AND INVESTMENT
	ACTIVITY RESULT (1-2)	1,388	17,759

EARNINGS (LOSS) PER SHARE

Run No	Indicators	GROUP
		Q1-Q3 of 2020	Q1-Q3 of 2019
1	Weighted average number of ordinary shares	24,038,990	24,038,990
2	Net profit (loss), in EUR	189,658	131,941
3	Basic and diluted earnings (loss) per share, in EUR	0.008	0.005