Kauno Energija - Interim information

Activity results of the 9 months of the year 2015

The Management Board of AB Kauno Energija (hereinafter - the Company) (code -
235014830) approved on 29 October, 2015 a non-audited set of consolidated and
Company's financial statements of the 9 months of the year 2015, prepared
according to international financial reporting standards, as adopted by the
European Union. 

The result of Company's activities of the 9 months of the year 2015 according
to International accounting standards is profit (before taxes) in amount of EUR
2,280 thousand (9 months of the year 2014 is loss in amount of EUR 1,426
thousand), turnover from sales is EUR 41,856 thousand (9 months of the year
2014 - EUR 50,711 thousand). The result of activities of the Group which as at
30 September, 2015 consists of AB Kauno Energija and of its subsidiary - UAB
Kauno Energija NT (code - 303042623) is profit (before taxes) in amount of EUR
2,269 thousand (9 months of the year 2014 is loss in amount of EUR 1,417
thousand), turnover from sales is EUR 41,851 thousand (9 months of the year
2014 - EUR 50,706 thousand). Up to 7 September, 2015 the subsidiary UAB Pastatų
Priežiūros Paslaugos (code - 300580563) was a part of the Group and it was
removed from the Register of Legal Entities on 7 September, 2015. 

EBITDA of the 9 months of the year 2015 is: Company's - EUR 7,415 thousand (9
months of the year 2014 - EUR 3,082 thousand), Group's - EUR 7,417 thousand, (9
months of the year 2014 - EUR 3,105 thousand). 

In the year 2015 the Company continues to implement current and plans to
implement new investment projects in order to reduce heat production and
acquisition expenditures, to assure reliable heat supplies, to decrease supply
losses, and to increase effectiveness of the system of heat supplies. Therefore
Company's profit before taxes of 9 months of the year 2015 in comparison with
the result of the same period of the year 2014 increased, notwithstanding
Company's turnover from sales of 9 months of the year 2015 in comparison with
turnover of the same period of the year 2014 is lower at 17.5 per cent. 

We hereby present non-audited interim financial statements of 9 months of the
year 2015 along with Confirmation from responsible persons. 


         Loreta Miliauskienė, Head of the Economics and Planning Department,
tel. +370 37 305 855

Attachments:

IFRS KE 2015 I-III q. ENG.pdf