{"id":1833,"date":"2016-02-29T00:00:00","date_gmt":"2016-02-28T22:00:00","guid":{"rendered":"https:\/\/invlbalticfarmland.com\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/"},"modified":"2016-02-29T00:00:00","modified_gmt":"2016-02-28T22:00:00","slug":"audited-results-of-invl-baltic-farmland-group-of-2015","status":"publish","type":"post","link":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/","title":{"rendered":"Audited results of INVL Baltic Farmland group of 2015"},"content":{"rendered":"\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">Audited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Farmland amounted to EUR 838 thousand of 2015.<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\"><span style=\"font-size: 11pt;\">Additional information:<\/span><\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif; font-size: 11pt;\">The board of INVL Baltic Farmland, a company that invests in agricultural land, has proposed paying EUR 217,000 in dividends for 2015, EUR 0.066 per share. The company&lsquo;s board has submitted the proposal to the INVL Baltic Farmland meeting of shareholders, scheduled for 25 March. If the general meeting approves the dividend, it will be 10 percent higher year-on-year.<\/span><span style=\"font-size: 11pt;\">&nbsp;<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">&ldquo;We are guided by our approved dividend policy and have proposed that the capital surplus be paid out to the shareholders,&rdquo; INVL Baltic Farmland Board Chairman Alvydas Banys said.<\/span><span style=\"font-size: 11pt;\">&nbsp;<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">INVL Baltic Farmland has also reported its 2016 forecast, projecting annual lease revenues at EUR 530,000 and a net profit at EUR 300,000. The projections are based on current land lease contracts as well as the assumption that the value of land controlled by INVL Baltic Farmland will not change in 2016 and that there will be no land sale transactions.<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">&ldquo;Demand for farmland for lease in fertile soil areas remains high, so we expect revenues from lease to increase by 15 percent per hectare on average in 2016, depending on the fertility of the land,&rdquo; said Kristina Urboniene, the director of INVL Farmland Management, which is the administrator of INVL Baltic Farmland&#39;s land.<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">She added that, following the prevailing trend to rely on multi-year plans in the agriculture business, the company is currently seeking to move to long-term lease contracts that are more beneficial to both parties. As the demand keeps growing on the market, those who opt for long-term contracts will be entitled to conservative price indexing on an annual basis, whereas customers opting for short-term contracts will face faster increases in price.<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">In 2015, INVL Baltic Farmland reported an audited net profit of EUR 838,000 on sales of EUR 460,000, while its net asset value per share rose by 8.4 percent from EUR 3.02 to EUR 3.27, including the dividend.<\/span><span style=\"font-size: 11pt;\">&nbsp;<\/span><\/p>\n<p style=\"font-size: 13.718px;\">  \t<span style=\"font-family: Arial, Helvetica, sans-serif;\">The subsidiary companies of INVL Baltic Farmland, which is listed on the NASDAQ Vilnius stock exchange, control 3,000 hectares of farmland in Lithuania, leasing it to agricultural companies and farmers. INVL Baltic Farmland&rsquo;s equity stood at EUR 10.57 million at the end of 2015, at EUR 3.21 per share. INVL Baltic Farmland&rsquo;s dividend policy is to pay shareholders dividends of not less than EUR 0.06 per share.<\/span><\/p>\n<p class=\"contacts\" style=\"font-size: 13.718px;\">  \t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The person authorized to provide additional information:<br \/>  \t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Egle Surpliene<br \/>  \t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Director<br \/>  \t&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E-mail: egle.surpliene@invaldalt.com<\/p>\n<p>  \t<label title=\"Files attached to the message.\">Attachments:<\/label><a href=\"http:\/\/www.invaldainvl.com\/repository\/INVL_Baltic_Farmland_Nasdaq\/EN\/invl-farmland-19.pdf\" target=\"_blank\" rel=\"noopener\">AB INVL Baltic Farmland audited annual information 2015.pdf<\/a><br \/>  \t<a href=\"http:\/\/www.invaldainvl.com\/repository\/INVL_Baltic_Farmland_Nasdaq\/EN\/invl-farmland-20.pdf\" target=\"_blank\" rel=\"noopener\">Confirmation of responsible persons.pdf<\/a><br \/>  \t<a href=\"http:\/\/www.invaldainvl.com\/repository\/INVL_Baltic_Farmland_Nasdaq\/EN\/invl-farmland-21.pdf\" target=\"_blank\" rel=\"noopener\">INVL_factsheet.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Audited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Farmland amounted to EUR 838 thousand of 2015. Additional information: The board of INVL..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[8],"class_list":["post-1833","post","type-post","status-publish","format-standard","hentry","category-regulated-information","tag-imported"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland\" \/>\n<meta property=\"og:description\" content=\"Audited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Farmland amounted to EUR 838 thousand of 2015. Additional information: The board of INVL..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\" \/>\n<meta property=\"og:site_name\" content=\"INVL Baltic Farmland\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-28T22:00:00+00:00\" \/>\n<meta name=\"author\" content=\"wkd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wkd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\"},\"author\":{\"name\":\"wkd\",\"@id\":\"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424\"},\"headline\":\"Audited results of INVL Baltic Farmland group of 2015\",\"datePublished\":\"2016-02-28T22:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\"},\"wordCount\":470,\"commentCount\":0,\"keywords\":[\"Imported\"],\"articleSection\":[\"Regulated information\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\",\"url\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\",\"name\":\"Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland\",\"isPartOf\":{\"@id\":\"https:\/\/invlbalticfarmland.com\/#website\"},\"datePublished\":\"2016-02-28T22:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424\"},\"breadcrumb\":{\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/invlbalticfarmland.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Audited results of INVL Baltic Farmland group of 2015\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/invlbalticfarmland.com\/#website\",\"url\":\"https:\/\/invlbalticfarmland.com\/\",\"name\":\"INVL Baltic Farmland\",\"description\":\"INVL Baltic Farmland\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/invlbalticfarmland.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424\",\"name\":\"wkd\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/549924b13b9710e5b8f5ef01ef059bc7fed1ce9ae4523f8a86cdd96c314b8889?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/549924b13b9710e5b8f5ef01ef059bc7fed1ce9ae4523f8a86cdd96c314b8889?s=96&d=mm&r=g\",\"caption\":\"wkd\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/","og_locale":"en_US","og_type":"article","og_title":"Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland","og_description":"Audited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Farmland amounted to EUR 838 thousand of 2015. Additional information: The board of INVL..","og_url":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/","og_site_name":"INVL Baltic Farmland","article_published_time":"2016-02-28T22:00:00+00:00","author":"wkd","twitter_card":"summary_large_image","twitter_misc":{"Written by":"wkd","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#article","isPartOf":{"@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/"},"author":{"name":"wkd","@id":"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424"},"headline":"Audited results of INVL Baltic Farmland group of 2015","datePublished":"2016-02-28T22:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/"},"wordCount":470,"commentCount":0,"keywords":["Imported"],"articleSection":["Regulated information"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/","url":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/","name":"Audited results of INVL Baltic Farmland group of 2015 - INVL Baltic Farmland","isPartOf":{"@id":"https:\/\/invlbalticfarmland.com\/#website"},"datePublished":"2016-02-28T22:00:00+00:00","author":{"@id":"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424"},"breadcrumb":{"@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/invlbalticfarmland.com\/en\/regulated-information\/audited-results-of-invl-baltic-farmland-group-of-2015\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/invlbalticfarmland.com\/en\/"},{"@type":"ListItem","position":2,"name":"Audited results of INVL Baltic Farmland group of 2015"}]},{"@type":"WebSite","@id":"https:\/\/invlbalticfarmland.com\/#website","url":"https:\/\/invlbalticfarmland.com\/","name":"INVL Baltic Farmland","description":"INVL Baltic Farmland","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/invlbalticfarmland.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/46ab7fa082fd2b7cc7794f370fb41424","name":"wkd","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/invlbalticfarmland.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/549924b13b9710e5b8f5ef01ef059bc7fed1ce9ae4523f8a86cdd96c314b8889?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/549924b13b9710e5b8f5ef01ef059bc7fed1ce9ae4523f8a86cdd96c314b8889?s=96&d=mm&r=g","caption":"wkd"}}]}},"_links":{"self":[{"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/posts\/1833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/comments?post=1833"}],"version-history":[{"count":0,"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/posts\/1833\/revisions"}],"wp:attachment":[{"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/media?parent=1833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/categories?post=1833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invlbalticfarmland.com\/en\/wp-json\/wp\/v2\/tags?post=1833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}