Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other price sensitive information
Unique data record identifier
3563
Submission date and time
03.02.2012 16:50:58
Content of announcement in Estonian
Title
Netovara seis
Message
AS Baltika soovib informeerida investoreid, et esialgsete konsolideeritud majandustulemuste alusel ei vasta ettevõte 31.12.2011 seisuga Äriseadustiku netovara nõudele: omakapital ei moodusta poolt aktsiakapitalist. Lisaks oktoobri ja novembri väga headele müügitulemustele ja kasumile vastas ka detsember ettevõtte ootustele nii müügitulemuste kui ka jooksva kasumi osas enne ühekordseid kandeid. Samas tingitud suurtest ühekordsetest mitterahalistest mahakandmistest ja provisjonidest lõpetab ettevõte esialgsete majandustulemuste alusel neljanda kvartali märkimisväärse kahjumiga. Konsolideeritud auditeerimata 2011 ja neljanda kvartali finantstulemused avaldatakse 29. veebruaril. Vastavalt ka 16. detsembril 2011 avaldatud informatsioonile esitatakse nõukogu poolt heakskiidetud tegevuskava kohaselt aktsionäride üldkoosolekule 20. aprillil 2012 ettepanek vähendada aktsiakapitali nimiväärtust, mis tagab Äriseadustiku nõuetele vastavuse. Maigi Pärnik Juhatuse liige [email protected]
Content of announcement in English
Title
Net asset position
Message
AS Baltika wants to inform investors that based on initial consolidated financial results the company is not compliant as at 31.12.2011 with Commercial Code requirement: net assets are not above half of the share capital. In addition to October and November very good sales results and net profit the December sales results and underlying profit before exceptional items met the expectations of the company. However due to large one-off non-cash items like write-offs and provisions, the company will report a significant loss for the fourth quarter, based on initial financial results. Consolidated unaudited accounts of 2011 and for the IV quarter will be published on 29th February. In accordance with the announcement made on 16th December 2011 information in accordance with the Supervisory Council approved plan the ordinary general meeting of shareholders on 20th April 2012 will be proposed to reduce the nominal value of the share, which will ensure compliance with Commercial Code. Maigi Pärnik Member of the Management Board [email protected]