AB Akola Group

Quarterly Report • Nov 30, 2015

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

November 30, 2015

CONFIRMATION OF RESPONSIBLE PERSONS

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

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

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

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

2015 09 30

SUMMARY

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

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

Formulated according to TFAS, not audited

	Current period 01 01 2015 – 30 09 2015		EUR
No.	ASSETS	2015-09-30	2014-12-31
A.	Long-term assets	2.232.865	2.133.055
I.	Intangible assets	1.377	1.703
I.1.	Developmental works	0	0
I.2.	Prestige	0	0
I.3.	Patents, licenses	0	0
I.4.	Software	1.377	1.703
I.5.	Other intangible assets	0	0
II.	Tangible assets	520.224	517.416
II.1.	Land	0	0
II.2.	Buildings	0	0
II.3.	Structures	2.756	3.254
II.4.	Machinery and equipment	442.737	466.257
II.5.	Means of transport	57.982	27.204
II.6.	Other equipment, appliances, instruments and gear	16.749	20.701
II.7.	Constructions in progress	0	0
II.8.	Other tangible assets	0	0
III.	Investment property	0	0
IV.	Financial assets	1.710.034	1.612.707
IV.1.	Investments to affiliates and associated companies	0	0
IV.2.	Loans to affiliates and associated companies	0	0
IV.3.	Amounts received after one year	1.709.744	1.612.417
IV.4.	Other financial assets	290	290
V.	Other long-term assets	1.230	1.229
V.1.	Deferred corporation tax assets	1.230	1.229
V.2.	Other long-term assets	0	0
B.	Short-term assets	6.437.766	5.828.406
I.	Stocks, prepayments and contracts in progress	4.068.520	3.039.113
I.1.	Stocks	3.792.747	2.931.423
I.1.1.	Raw materials and consumables	2.307.893	1.398.067
I.1.2.	Work in progress	51.624	69.579
I.1.3.	Finished products	1.431.545	1.456.782
I.1.4.	Goods purchased for resale	1.685	6.995
I.1.5.	Other stocks	0	0
I.2.	Prepayments	275.773	107.690
I.3.	Contracts in progress	0	0
II.	Amounts receivable within one year	1.749.196	2.234.879
II.1.	Trade debtors	1.316.208	1.769.429
II.2.	Debts of affiliates and associated companies	0	0
II.3.	Other amounts receivable	432.988	465.450
III.	Other short-term assets	0	0
III.1.	Short-term investments	0	0
III.2.	Term deposits	0	0
III.3.	Other short-term assets	0	0
IV.	Currency and its equivalents	620.050	554.414
	Total assets	8.670.631	7.961.461

No.	PRIVATE ASSETS AND LIABILITIES	2015-09-30	2014-12-31
C.	Private assets	6.817.456	6.160.412
I.	Capital	6.971.307	6.962.173
I.1.	Subscribed capital	6.971.307	6.962.173
I.2.	Signed unpaid capital (-)	0	0
I.3.	Shares premiums	0	0
I.4.	Private shares(-)	0	0
II.	Revaluation reserve (results)	0	0
III.	Reserves	174.062	174.062
III.1.	Obligatory	290	290
III.2.	For purchase of proprietary shares	0	0
III.3.	Other reserves	173.772	173.772
IV.	Profit (loss) brought forward	(327.913)	(975.823)
IV.1.	Profit (loss) of the current year	647.910	(1.011.226)
	Profit (loss) acknowledged in statement of
IV.1.1.	profit or loss and other comprehensive income	647.910	(1.011.226)
IV.1.2.	Profit (loss) not acknowledged in statement of	0	0
	profit or loss and other comprehensive income
IV.2.	Profit (loss) of the previous year	(975.823)	35.403
V.	Non-controlling interest	0	0
D.	Grants, subsidies	0	399
E.	Amounts payable and liabilities	1.853.175	1.800.650
I.	Amounts payable after one year and long term liabilities	113.453	113.453
I.1.	Financial debts	0	0
I.1.1.	Leasing (financial rents) or similar liabilities	0	0
I.1.2.	To credit organizations	0	0
I.1.3.	Other financial debts	0	0
I.2.	Debts to suppliers	0	0
I.3.	Received prepayments	11.345	11.345
I.4.	Suspensions	0	0
I.4.1.	Reimbursement of liabilities and demands	0	0
I.4.2.	Pensions and similar liabilities	0	0
I.4.3.	Other suspensions	0	0
I.5.	Suspended taxes	0	0
I.6.	Other amounts payable and long-term liabilities	102.108	102.108
II.	Amounts payable within one year and short-term liabilities	1.739.722	1.687.197
II.1.	Short term portion of long-term debts	0	0
II.2.	Financial debts	0	0
II.2.1.	To credit organizations	0	0
II.2.2.	Other financial debts	0	0
II.3.	Debts to suppliers	1.336.878	885.990
II.4.	Received prepayments	46.751	115.392
II.5.	Liabilities of income taxes	0	108.587
II.6.	Liabilities related to work relations	246.698	417.216
II.7.	Suspensions	0	0
II.8.	Other amounts payable and short-term liabilities	109.395	160.012
	Total proprietary capital and liabilities	8.670.631	7.961.461

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

Director Saulius Šidlauskas

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

CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

Formulated according to TFAS, not audited

	Current period 01 01 2015 – 30 09 2015				EUR
No.	ARTICLES	01-09 months of 2015	01-09 months of 2014	IIIrd quarter of 2015	IIIrd quarter of 2014
I.	SALE INCOME	8.743.554	8.458.032	2.747.587	2.537.157
I.1.	Income for sold goods	8.279.011	7.966.039	2.644.590	2.390.886
I.2.	Income for sold services	464.543	491.993	102.997	146.271
II.	SALE COST PRICE	5.950.547	5.467.117	1.888.408	1.584.339
II.1.	Cost price of sold production	5.751.853	5.241.502	1.843.702	1.521.670
II.2.	Cost price of sold services	198.694	225.615	44.706	62.669
III.	GROSS PROFIT (LOSS)	2.793.007	2.990.915	859.179	952.818
IV.	OPERATING EXPENSES	2.168.707	2.058.540	697.511	661.977
IV.1	Sale	525.605	486.490	161.564	154.416
IV.2	General and administrative	1.643.102	1.572.050	535.947	507.561
V.	PROFIT (LOSS) OF STANDARD ACTIVITY	624.300	932.375	161.668	290.841
VI.	OTHER OPERATIONS	6.765	(13.759)	4.834	(13.652)
VI.1.	Income	167.718	142.291	69.708	50.702
VI.2.	Expenses	160.953	156.050	64.874	64.354
VII.	FINANCIAL AND INVESTMENT ACTIVITIES	16.845	(6.458)	9.027	(4.451)
VII.1.	Income	28.001	10.138	9.331	10.022
VII.2.	Expenses	11.156	16.596	304	14.473
VIII.	PROFIT (LOSS) FROM ORDINARY ACTIVITIES	647.910	912.158	175.529	272.738
IX.	PROFIT (LOSS) BEFORE TAXES	647.910	912.158	175.529	272.738
X.	PROFIT TAX	0	0	0	0
XI.	PROFIT (LOSS) BEFORE NON CONTROLLING INTEREST	647.910	912.158	175.529	272.738
XII.	NON-CONTROLLING INTEREST	0	0	0	0
XIII.	NET PROFIT (LOSS)	647.910	912.158	175.529	272.738
XIV.	OTHER COMPREHENSIVE INCOME	0	0	0	0
XV.	Earnings (loss) per share	0,09	0,04	0,03	0,01

Director Saulius Šidlauskas

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

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Current period 01 01 2015 – 30 09 2015											EUR
	Paid-up authorized	Additions to shares	Proprietary shares		Revaluation reserve (results)	Law covered reserves		Other reserves		Profit (loss)	Total
	capital		(-)	Long	Financial		Obligatory Proprietary	Support	Other	brought
				term	assets		shares	reserves and	reserves	forward
				tangible			procure	other
				assets			ment	payouts acc.
								to collective
								agreement
	1	2	3	4	5	6	7	8	9	10	11
Remainder on 31 December, 2013	6.962.173	0	0	0	0	696.507	0	0	86.886	(573.928)	7.171.638
Profit/loss not
acknowledged in
statement of profit											0
or loss and other
comprehensive
income
Net profit / loss of										912.158	912.158
the current period
Formed reserves									173.772	(173.772)	0
Liquidates reserves						(696.217)			(86.886)	783.103	0
Remainder on 30 September, 2014	6.962.173	0	0	0	0	290	0	0	173.772	947.561	8.083.796
Profit/loss not
acknowledged in
statement of profit
or loss and other											0
comprehensive
income
Net profit / loss of
the current period											(1.923.384) (1.923.384)
Formed reserves											0
Liquidates
reserves											0
Remainder on 31 December, 2014	6.962.173	0	0	0	0	290	0	0	173.772	(975.823)	6.160.412
Profit/loss not
acknowledged in
statement of profit
or loss and other											0
comprehensive
income
Authorized
capital difference,
appeared
recalculating	9.134										9.134
authorized capital
expressed in Lt
into EUR
Net profit / loss of										647.910	647.910
the current period
Formed reserves									173.772	(173.772)	0
Liquidates									(173.772)	173.772	0
reserves
Remainder on 30	6.971.307	0	0	0	0	290	0	0	173.772	(327.913)	6.817.456
September, 2015

Director Saulius Šidlauskas

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

CONSOLIDATED STATEMENT OF CASH FLOWS

Current period 01 01 2015 – 30 09 2015

	Formed in direct pattern, not audited		EUR
No.	Articles	01-09 months of 2015	01-09 months of 2014
I.	Primary activity currency circulation
I.1.	Earnings of report period (including VAT)	9.784.405	9.009.852
I.1.1.	Earnings from clients	9.595.672	8.848.950
I.1.2.	Other earnings	188.733	160.902
I.2.	Report period payouts	(9.532.204)	(8.548.469)
I.2.1.	Payouts to suppliers of products, raw materials and services(including VAT)	(7.313.663)	(6.670.956)
I.2.2.	Monetary payouts related to work relations	(2.009.716)	(1.711.674)
I.2.3.	Taxes paid to budget	(84.755)	(88.124)
I.2.4.	Other payouts	(124.070)	(77.715)
	Cash circulation of primary activity	252.201	461.383
II.	Currency circulation of investment activity
II.1.	Procurement of long-term assets (excluding investments)	(103.009)	(71.229)
II.2.	Transfer of long-term assets (excluding investments)	1.800	0
II.3.	Procurement of long-term investments	0	0
II.4.	Procurement of short-term investments	0	0
II.5.	Transfer of short-term investments	0	0
II.6.	Transfer of long-term investments	0	0
II.7.	Provision of loans	(250.000)	(320.030)
II.8.	Return of loans	165.986	477.873
II.9.	Received dividends	0	0
II.10.	Interest received for loans granted and investment	0	0
II.11.	Other currency circulation increases of investment activities	0	0
II.12.	Other currency circulation decreases of investment activities	0	0
	Cash circulation of investment activity	(185.223)	86.614
III.	Currency circulation of financial activity
III.1.	Currency circulation related to company owners	0	0
III.1.1.	Emission of shares	0	0
III.1.2.	Owners' contributions to loss reimbursements	0	0
III.1.3.	Procurement of own shares	0	0
III.1.4.	Payout of dividends	0	0
III.2.	Currency circulation related to other financial sources	(812)	(1.598)
III.2.1.	Increase of financial debts	40.723	0
	III.2.1.1. Receipt of loans from credit institutions	40.723	0
	III.2.1.2. Receipt of loans from associated and third parties	0	0
	III.2.1.3. Emission of bonds	0	0
III.2.2.	Reduction of financial debts	(41.626)	(1.625)
	III.2.2.1. Return of loans to credit institutions	(40.723)	0
	III.2.2.2. Return of loans to associated and third parties	0	0
	III.2.2.3. Procurement of own bonds	0	0
	III.2.2.4. Returned interests	(903)	(1.625)
	III.2.2.5. Leasing (financial rent) payments	0	0
III.2.3.	Interests received for bank accounts	91	27
III.2.4.	Increase of company's other liabilities	0	0
III.2.5.	Reduction of company's other liabilities	0	0
III.3.	Other increases of currency circulation of financial activity	1.039	25
III.4.	Other reductions of currency circulation of financial activity	(1.020)	(2.199)
	Cash circulation of financial activity	(793)	(3.772)
IV.	Impact of currency exchange rates to cash and equivalent currency remainder	(549)	3.174
V.	Net currency circulation increase (reduction)	65.636	547.399
VI.	Currency and currency equivalents at the beginning of the period	554.414	426.374
VII.	Currency and currency equivalents at the end of the period	620.050	973.773

Director Saulius Šidlauskas

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

EXPLANATORY MEMORANDUM OF INTERIM CONSOLIDATED FINANCIAL STATEMENTS

30 September, 2015

1. General

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

As of 30th of September, 2015, the Linas AB group of companies (further called as the Group) consisted of holding company Linas AB and it's affiliated company UAB Lino apdaila. UAB Lino apdaila was registered on May 23, 2008 at Legal entity register, registration No.114552, company code 301733421. Affiliated company is registered at address S. Kerbedzio Street 23, Panevezys. AB Linas own 100 % of affiliated company shares.

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

According to Lithuanian Republic law of Eur establishment in Lithuanian Republic and acc.to Lithuanian Republic joint stock companies and closed joint stock companies authorized capital, and securities nominal value expression in Eur, and these companies regulations change order law, during the repeated ordinary general meeting of shareholders dated May 19, 2015, the shareholders of the Company confirmed that the Company's nominal value of one share is equal to 0,29 Eur, the Company's authorized capital is equal to 6.971.307,10 Eur. Changed regulations of the Company dated June 9, 2015 are registered in the juridical person register.

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

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

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

On 30th of September, 2015 the average number of listed employees of the Group was 319, on 30th of September, 2014 – 316 employees.

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

Linas AB group of companies presents to the customer all yarn dyeing, weaving, finishing and sewing services from the linen yarn preparation for weaving to final product presentation. The main incomes of group of companies was received from the activity of textile goods production and sales during the 9 months of 2015. Linas AB group of companies sold linen textile goods and services for 8.744 thousand Eur during the 9 months of 2015. Comparing to the 9 months of 2014 the volume of sales increased by 286 thousand Eur or 3,4 %.

During the 9 months of 2015 the Group's typical activity result was 624 thousand Eur profit and the result of the 9 months of 2014 was 932 thousand Eur profit.

During the 9 months of year 2015 the Group was produced and technologicaly processed: linen and tow yarns – 55 tons (9 months of year 2014 – 47 tons); raw fabrics – 547 thousand mtrs (9 months of year 2014 – 536 thousand mtrs); ready made fabrics – 1.445 thousand mtrs (9 months of year 2014 – 1.507 thousand mtrs). 38,7 % of all produced fabrics were used for sewn items during 9 months of year 2015 (9 months of year 2014 – 37,4 %). The volume of exports during 9 months of 2015 was 86,0 % of the total product sales.

The results of the Group's typical activity of nine months of year 2015 were determined by the increase of obtained raw materials prices and activity expenditures.

During nine months of 2015 the Group received 648 thousand Eur profit before taxation, the result of the same period of 2014 was 912 thousand Eur profit.

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

Acc.to the financial obligations limit contract signed between the bank and AB "Linas" on 07 10 2013, the credit of 290 thousand Eur is granted to the Company, for which company resources are mortgaged with the latest mortgage, the balance value of which acc.to the mortgage sheets are 1.448 thousand Eur. For the insurance of credit sum the warranty for all credit sum and term is received from UAB "Lino apdaila". The validation term of the financial obligations limit contract is till October 07, 2016. Alternate interests are paid for used credit, which are accounted as six months term Eur EURIBOR plus bank margin.

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

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

On August 28, 2015 the Board of AB "Linas" decided not to continue fabrics production in AB "Linas group of companies and to develop the creation of textile items, sewing and sales services. All the fabrics which are necessary to execute AB "Linas" group of companies activities will be obtained from outside partners.

Lina Mikelioniene is the director of UAB "Lino apdaila" from September 18, 2015.

On September 1, 2015 the loans subordinate contract is signed between the bank, AB "Linas' and UAB "Rivena (company code 302521510, address P.Zadeikos str. 13-35, Vilnius). According to this contract the rights of AB "Linas" and liabilities of UAB "Rivena" acc.to the loan contract are subordinated by bank rights, arising from the bank and UAB "Rivena" credit contract. The loans subordination contract is valid up to August 6, 2022.

On September 1, 2015 AB "Linas" presented the guarantee with the guarantee contact of 200 thousand EUR sum for the debtor UAB "Rivena", company code 302521510, address P.Zadeikos str. 13-35, Vilnius up to August 18, 2017.

From September 1, 2015 the buildings complex, located in S.Kerbedzio str. 23, Panevezys city and where the activity of AB "Linas" group of companies is executed, was rented to BUAB "Nordic investicija" (company code 135442762).

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

2. Accounting policy

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

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

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

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

3. Notes of the memorandum

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

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

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

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

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

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

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

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

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

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

From October, 2015 the main activity of UAB "Lino apdaila" is the supply of textile production services, i.e. textile production sewing services. Working places of weaving and finishing workers are kept and moved to the company UAB "Lino dizainas" (address J.Janonio str. 30, Panevezys, LT-35289, company code 304093122) with all social guarantees for the workers.

						EUR
Indicators	Developmental works	Prestige	Patents, licenses	Software	Other intangible assets	Total
Residual value at the end of previous financial year			0	1.703	0	1.703
a) Procurement cost price of long term intangible assets
At the end of previous financial year			0	72.908	1.296	74.204
Changes of financial year			0	0	0	0
· Procurement of assets			0	0	0	0
· Written-off property because of the accounting evaluation change (-)			0	0	0	0
· Assets, transferred to other individuals and discarded (-)			0	0	0	0
· Transcription from one article to another +/(-)			0	0	0	0
At the end of interim accounting period			0	72.908	1.296	74.204
b) Amortization
At the end of previous financial year			0	71.205	1.296	72.501
Changes of financial year			0	326	0	326
· Written-off property because of the accounting evaluation change (-)			0	0	0	0
· Financial year amortization			0	326	0	326
· Restorational records (-)			0	0	0	0
· Assets, transferred to other individuals and discarded (-)			0	0	0	0
· Transcription from one article to another +/(-)			0	0	0	0
At the end of interim accounting period			0	71.531	1.296	72.827
c) Residual value at the end of interim accounting period (a) - (b)			0	1.377	0	1.377

CHANGES OF LONG-TERM INTANGIBLE ASSETS

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

Table 1

					Other
		Buildings and	Machinery and	Means of	equipment, appliances,	Other tangible	Current constru
Indicators	Land	structures	equipment	transport	instruments	assets	ction	Total
Residual value at the end of previous
financial year	0	3.254	466.257	27.204	20.701	0	0	517.416
a) Procurement of cost price long-term
tangible assets
At the end of previous financial year	0	5.317	950.746	152.377	42.331	0	0	1.150.771
Changes of financial year	0	0	102.382	33.371	1.419	0	0	137.172
· Procurement of assets	0	0	102.382	35.109	1.419	0	0	138.910
· Written-off property because of the
accounting evaluation change (-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals	0	0	0	(1.738)	0	0	0	(1.738)
and discarded (-)
· Transcription to short-time assets +/(-)	0	0	0	0	0	0	0	0
· Transcription from one article to another +/(-)	0	0	0	0	0	0	0	0
At the end of interim accounting period	0	5.317	1.053.128	185.748	43.750	0	0	1.287.943
b) Revaluation
At the end of previous financial year	0	0	0	0	0	0	0	0
Changes of financial year	0	0	0	0	0	0	0	0
· Increase (decrease) of value +/(-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals
and discarded (-)	0	0	0	0	0	0	0	0
· Transcription from one article to	0	0	0	0	0	0	0	0
another +/(-)
At the end of interim accounting period	0	0	0	0	0	0	0	0
c) Depreciation (-)
At the end of previous financial year	0	2.063	484.489	125.173	21.630	0	0	633.355
Changes of financial year	0	498	125.902	2.593	5.371	0	0	134.364
· Written-off property because of the	0	0	0	0	0	0	0	0
accounting evaluation change (-)
· Depreciation of financial year	0	498	125.902	4.149	5.371	0	0	135.920
· Restorational records (-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals and discarded (-)	0	0	0	(1.556)	0	0	0	(1.556)
· Transcription from one article to	0	0	0	0	0	0	0
another +/(-)								0
At the end of interim accounting period	0	2.561	610.391	127.766	27.001	0	0	767.719
d) Decrease of value
At the end of previous financial year	0	0	0	0	0	0	0	0
Changes of financial year	0	0	0	0	0	0	0	0
· Decrease of value of financial year	0	0	0	0	0	0	0	0
· Restoration records (-)	0	0	0	0	0	0	0	0
· Assets, transferred to other individuals	0	0	0	0	0	0	0	0
and discarded (-)
· Transcription from one article to	0	0	0	0	0	0	0	0
another +/(-)
At the end of interim accounting period	0	0	0	0	0	0	0	0
e) Residual value at the end of interim	0	2.756	442.737	57.982	16.749	0	0	520.224
accounting period (a) + (b) - (c) - (d)

CHANGES OF LONG-TERM TANGIBLE ASSETS

Table 2

EUR

		Fabrics	Sewn products		Yarns		Production services
Indicators	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09
	months	months	months	months	months	months	months	months	months	months
	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014
Income	4.253.744	4.286.794	3.979.193	3.633.246	46.074	45.999	464.543	491.993	8.743.554	8.458.032
Cost price	2.738.129	2.579.310	2.968.296	2.621.959	45.428	40.233	198.694	225.615	5.950.547	5.467.117
Gross profit (losses)	1.515.615	1.707.484	1.010.897	1.011.287	646	5.766	265.849	266.378	2.793.007	2.990.915
Operating expenses									2.168.707	2.058.540
Profit (losses) on typical activity	1.515.615	1.707.484	1.010.897	1.011.287	646	5.766	265.849	266.378	624.300	932.375
	INFOR	MATION	ABOUT	GEOGRAPHICAL	SEG	OF MENTS	TEXTILE	MS ITE	PRODUCTION			EUR 4 Table
					Segments (regions)
		Scandinavian countries	European countries		USA		Lithuania		Other countries		All	Enterprises
Indicators	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09	01-09
	months	months	months	months	months	months	months	months	months	months	months	months
	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014	of 2015	of 2014

INFORMATION ABOUT SEGMENTS OF TEXTILE PRODUCTS PRODUCTION BUSINESS

Segments (production, goods, types of activity)

Table 3

EUR

All Enterprises

932.375

624.300

173.200

154.092

476.301

430.136

225.209

225.392

1.357.024

1.218.764

759.181

764.623

activity

Profit (losses) on typical

8.458.032 5.467.117 2.990.915 2.058.540

8.743.554 5.950.547 2.793.007 2.168.707

570.147 396.947 173.200

606.057 451.965 154.092

1.194.447 718.146 476.301

1.222.422 792.286 430.136

482.102 256.893 225.209

460.230 234.838 225.392

4.191.413 2.834.389 1.357.024

4.280.136 3.061.372 1.218.764

2.019.923 1.260.742 759.181

2.174.709 1.410.086 764.623

Income Cost price Gross profit (losses) Operating expenses

Table 5

OPERATING EXPENSES

			EUR
Run		01-09 months	01-09 months
No.	Indicators	of 2015	of 2014
1	Expenses on sales	525.605	486.490
1.1	Expenses on commissions	199.658	220.374
1.2	Expenses on transporting of sold production	76.899	74.770
1.3	Expenses on production advertising and fair	81.652	57.548
1.4	Expenses on sales number employees wage and other with employees related relations	130.649	103.624
1.5	Evaluate of customers creditworthiness and insurance costs of marketable credits	22.258	16.792
1.6	Other sales expenses	14.489	13.382
2	General and administration expenses	1.643.102	1.572.050
2.1	Expenses related with employees wage and other with employees related relations	731.247	691.852
2.2	Training costs of administration employees	3.373	7.636
2.3	Rent, exploitation and repairing expenses	690.689	658.879
2.4	Expenses of security services	32.582	33.306
2.5	Expenses of deterioration and amortization of non-current asset	38.646	39.002
2.6	Expenses of info technologies	24.736	28.215
2.7	Connection expenses	9.884	9.487
2.8	Expenses of bank services	4.748	3.906
2.9	Legal services expenses	12.233	9.434
2.10	Expenses of support provided	14.309	8.287
2.11	Expenses of social guarantees, stated in collective agreement	2.000	1.564
2.12	Representation expenses	7.152	5.398
2.13	Expenses of activity tax	14.437	9.867
2.14	Low-value assets acquisition expenses	6.384	12.459
2.15	Uncertain debts expenses	0	0
2.16	Various other general and administrative expenses	50.682	52.758
3	TOTAL EXPENSES OF ACTIVITY	2.168.707	2.058.540

Table 6

OTHER (NON TYPICAL) ACTIVITY

		EUR
		01-09 months	01-09 months
Run.No.	Indicators	of 2015	of 2014
1.	INCOME OF OTHER ACTIVITY - TOTAL	167.718	142.291
	Specification of significant amount:
	1.1. Profit of non-current asset transferring	1.619	0
	1.2. Income of various storages selling	103.325	77.574
	1.3. Income of rent	59.585	55.572
	1.4. Income for accounting and administration services	0	6.933
	1.5. Income for thermal heating supply	246	211
	1.6. Various other non-typical activity income	2.943	2.001
2.	EXPENSES OF OTHER ACTIVITY - TOTAL	160.953	156.050
	Specification of significant amount:
	2.1. Loss of non-current asset transferring		0
	2.2. Net cost of sold various storages	81.296	75.396
	2.3. Net cost of rent	30.434	29.990
	2.4. Costs for accounting and administration services	43.719	43.506
	2.5. Costs for thermal heating supply	5.353	7.033
	2.6. Various other non-typical activity expenses	151	125
3.	RESULTS OF OTHER ACTIVITY (1-2)	6.765	(13.759)

Table 7

		EUR
Run.		01-09 months	01-09 months
No.	Indicators	of 2015	of 2014
1.	FINANCIAL AND INVESTMENT ACTIVITY
	INCOME - TOTAL	28.001	10.138
	Specification of significant amount:
1.1.	Positive result of changes of currency exchange	1.282	6.227
1.2.	Income of bank interests	91	27
1.3.	Income of other interests	25.422	3.798
1.4.	Fines and penalties for the drawn debts	0	55
1.5.	Income of currency buying-selling	1.034	26
1.6.	Discrepancy sum appeared from the recalculating into EUR	167	0
1.7.	Income of other financial-investment activity	5	5
2.	FINANCIAL AND INVESTMENT ACTIVITY
	EXPENSES - TOTAL	11.156	16.596
	Specification of significant amount:
2.1.	Expenses of interest	902	1.625
2.2.	Fines and delay fees	8	79
2.3.	Negative result of changes of currency exchange	0	0
2.4.	Expenses of currency buying-selling	1.018	693
	Financial assets depreciation amounts (BUAB "Nordic
2.5.	investicija" and BUAB "Domus Palanga" financial debts)	0	0
2.6.	Discrepancy sum appeared from the recalculating into EUR	9.219	0
2.7.	Expenses of other financial-investment activity	9	14.199
3.	FINANCIAL AND INVESTMENT
	ACTIVITY RESULT (1-2)	16.845	(6.458)

Table 8

EARNINGS (LOSS) PER SHARE

		GROUP
Run. No.	Indicators	01-09 months of 2015	01-09 months of 2014
1.	Weighted average number of ordinary shares	6.971.307	6.962.173
2.	Net profit (loss), in EUR	647.910	912.158
3.	Basic and diluted earnings (loss) per share, in EUR	0,09	0,04