General meeting of shareholders was held

General meeting of shareholders of AS Eesti Gaas was held on 28 April.

Shareholders approved the activity report of the public limited company for the financial year 2014 and its consolidated annual accounts as of 31.12.2014. The general meeting also approved the report of independent sworn auditor and the profit distribution proposal, and chose the auditor and elected the Supervisory Board Member.

Natural gas sales for the year 2014 were 532.3 million m³, compared to previous year’s 581.8 million m³. Residential customers were sold 56.4 million m³ and eligible customers were sold 475.9 million m³ of natural gas. 1.9 million m³ of compressed gas were sold in car filling stations of AS Eesti Gaas; this is 83% more than sold in 2013.

The public limited company’s sales revenue for the financial year 2014 was 201.5 million euros; net profit for the year 2014 was 6.5 million euros and profit margin was 3.2%. Real investments were made in the amount of 5.3 million euros. A decision was made to pay dividends of 50% of the nominal share value.

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