Utenos Trikotazas AB - Interim information

Interim consolidated financial statements for the year 2009 of AB Utenos trikotažas

Company ,,Utenos trikotažas" sales of 2009 reached LTL 60,1 million (EUR 17,4
million), and accordingly was by 36,1% less than of the same period in 2008.
The Company earned LTL 3,9 million (EUR 1,1 million) profit from typical
operations and LTL 3,2 million Lt ( EUR 0,9 million) net profit, and in the
same period in 2008 incurred LTL 7,5 million (EUR 2,2 million) loss from
typical operations and 9,7 million Lt (2,8 million EUR) net loss. 
  Consolidated Group sales of 2009 reached LTL 70,3 million (EUR 20,4 million)
and accordingly was 36,5% less than of the same period in 2008. The Group
earned LTL 2,2 million (EUR 0,7 million) profit from typical operations and
incurred LTL 94 thousand  ( EUR 27 thousand) net loss, and in the same period
in 2008 incurred LTL 8,6 million (EUR 2,5 million) loss from typical operations
and 17,6 million Lt (5,1 million EUR) net loss. 
  Company ,,Utenos trikotažas" sales for the IV quarter of 2009 reached LTL
13,2 million (EUR 3,8 million) and accordingly was by 39,8% less than of the
same period in 2008. The Company earned LTL 2,4 million (EUR 0,7 million)
profit from typical operations and LTL 2,6 million ( EUR 0,8 million) net
profit. 
  Consolidated Group sales for the IV quarter of 2009 reached LTL 15,8 million
(EUR 4,6 million), and accordingly was by 43,7%  less than of the same period
in 2008. The Group earned LTL 1,2 million (EUR 0,3 million) profit from typical
operations and LTL 1,6 million Lt ( EUR 0,5 million) net profit. 
  The group consolidated financial statements and the company financial
statements for the year 2008 have been corrected retrospectively according to
the comments of the Securities Commission of the Republic of Lithuania: 
  1.The group consolidated and the company long term liabilities have been
decreased by 24 027 thousand LTL and 20 480 thousand LTL respectively, the
short term liabilities have been increased by 24 027 thousand LTL and 20 480
thousand LTL respectively. 
  2.The allowances for trade and other receivables amounting to 478 thousand
LTL have been formed in the group consolidated and the company financial
statements. The formed allowances decreased the value of the group and the
company current assets (trade and other receivables) by 478 thousand. LTL and
increased the net loss by 478 thousand LTL. 
  3.The allowances for investments into subsidiaries amounting to 3 013
thousand LTL have been formed in the company financial statements. The formed
allowances decreased the value of the company non-current financial assets
(investments into subsidiaries) by 3 013 thousand. LTL and increased the
company net loss by 3 013 thousand LTL. 
For more information please contact Mr. Nerijus Vilūnas, Managing Director of
AB Utenos trikotažas, tel No. 8 389 51445 

I, the undersigned, confirm that the above information is complete and true.

Managing Director 
AB Utenos trikotažas

Attachments:

2009m_neaudituoti_rezultatai_en.pdf