LATVIA in REVIEW November 22 – 28, 2011 Issue 47
Total Page:16
File Type:pdf, Size:1020Kb

Load more
Recommended publications
-
AB BANK SNORAS A.Vivulskio Str
AB BANK SNORAS A.Vivulskio str. 7, LT-03221 Vilnius Interim Condensed Financial Information (not audited) III quarter 2009 AB Bank SNORAS Interim condensed consolidated financial statements for the 9-month period ended 30 September 2009 (LTL thousand) STATEMENTS OF INCOME Financial Group Bank 30 30 30 30 September September September September 2009 2008 2009 2008 Interest income On loans to customers 334.999 311.370 211.113 191.954 On debt securities acquired 23.712 29.328 10.335 22.620 On loans and placements with credit institutions 18.870 55.567 15.952 32.683 377.581 396.265 237.400 247.257 Interest expense On deposits (288.242) (202.242) (207.615) (130.706) On placements from credit institutions (10.513) (6.497) (4.610) (3.862) On debt securities issued (27.815) (33.905) (27.386) (33.279) On subordinated loans (6.720) (5.966) (3.443) (3.433) (333.290) (248.610) (243.054) (171.280) Net interest income 44.291 147.655 (5.654) 75.977 (Impairment) of interest earning assets (73.055) (16.883) (31.297) (6.492) Net interest income after impairment of interest earning assets (28.764) 130.772 (36.951) 69.485 Fee and commission income 85.852 100.995 53.244 59.212 Fee and commission expenses (19.563) (22.046) (9.435) (7.314) Net fee and commission income 66.289 78.949 43.809 51.898 Gains less losses from transactions with financial assets designated at fair value through profit or loss 85.457 (2.073) 81.328 (11.066) Gains less losses from transactions with financial instruments classified as held for trading 30.081 (12.076) 30.081 (19.576) Gains -
Market Practice Guide for Securities Settlement
MARKET PRACTICE GUIDE FOR SECURITIES SETTLEMENT 2012 TABLE OF CONTENTS 1. Introduction ............................................................................................................... 4 1.1. The purpose of the market practice guide ........................................................................... 4 2. Market practice for securities settlement in Estonia ............................................................ 5 2.1. Clearing and settlement organization ................................................................................ 5 2.2. Applicable laws, rules and regulations ............................................................................... 5 2.3. Operating hours and public holidays ................................................................................. 5 2.4. Clearing agents .......................................................................................................... 6 2.5. Clearing and settlement of NASDAQ OMX Tallinn trades ........................................................ 6 2.5.1 Settlement cycle .................................................................................................................... 6 2.5.2. Trading and settlement currency ................................................................................................ 6 2.5.3. Generation of TSE trade information for settlement .......................................................................... 6 2.5.4. Trade enrichments ................................................................................................................ -
Destacados De Programación – Abril 2020
Allegro HD – Destacados de programación – abril 2020 Destacados de programación – abril 2020 www.allegrohd.com 1 Allegro HD – Destacados de programación – abril 2020 Destacados de programación Abril 2020 DOCUMENTAL | Mirella Freni: Una vida dedicada a la ópera [In Memoriam], un documental de Marita Stocker – 3 de abril – Pág. 3 CONCIERTO | Serendipia Ensemble – Pequeña tempestad; Concierto en la Catedral de Alcalá de Henares – Estreno 10 de abril – Pág. 5 CONCIERTO | Claudio Abbado dirige la Filarmónica de Berlín - Tributo a Gustav Mahler – Estreno 11 de abril – Pág. 7 CONCIERTO | Maria Callas - Una vida de ópera – Estreno 17 de abril – Pág. 9 CONCIERTO | Semyon Bychkov dirige la Filarmónica de la República Checa – Sinfonía n.º 9, de Gustav Mahler – Estreno 18 de abril – Pág. 11 CONCIERTO | Denis Matsuev desde el Real Concertgebouw de Ámsterdam – Obras de Tchaikovsky, Schumann & Stravinsky – Estreno 19 de abril – Pág. 13 JAZZ | Chucho Valdés en Ucrania – Alfa Jazz Festival – Estreno 24 de abril – Pág. 15 CONCIERTO | Gala desde Berlín 2019 – Filarmónica de Berlín, Diana Damrau & Kirill Petrenko – Estreno 25 de abril – Pág. 17 ÓPERA | Falstaff, ópera en tres actos de Giuseppe Verdi [Ópera Estatal de Hamburgo] – Estreno 26 de abril – Pág. 19 CONCIERTO | Waldbühne 2016: Una noche checa – Filarmónica de Berlín, Lisa Batiashvili & Yannick Nézet-Séguin – Estreno 30 de abril – Pág. 21 www.allegrohd.com 2 Allegro HD – Destacados de programación – abril 2020 Documental | Mirella Freni: Una vida dedicada a la ópera [In Memoriam] Un documental de Marita Stocker 3 de abril 21:00 Argentina/Uruguay | 20:00 Bolivia/Paraguay | 19:00 Colombia/Ecuador Un magnífico documental para descubrir en profundidad a una de las grandes divas de la ópera en el siglo XX, y a la mujer que la contempla. -
Classical New York 2.0 Published on Iitaly.Org (
Classical New York 2.0 Published on iItaly.org (http://www.iitaly.org) Classical New York 2.0 Julian Sachs (November 01, 2010) For our first piece of this season, the ups and downs of the first month of operas at the Met. Plus, what we can look forward to in November. On September 27 the 2010-2011 Metropolitan Opera [2] season began with a new production of Richard Wagner’s Das Rheingold. The following night the Teutonic fogs were dispelled by the reprise of last season’s production of Offenbach’s Les Contes d’Hoffmann. Twenty-one hours later the audience was present for Verdi’s Rigoletto. Less than two weeks went by and a new production of Mussorgsky’s Boris Godunov premiered, followed five days later by Zeffirelli’s immortal production of Puccini’s La Bohème. Such a contrasting and multi-flavored operatic feast is enough to give any critic indigestion, so what follows is a few glimpses at the ups and downs of these five productions of early 2010. UP: James Levine, the singers, and his orchestra, Das Rheingold. Page 1 of 4 Classical New York 2.0 Published on iItaly.org (http://www.iitaly.org) This season is in his honor, because it marks the 40th anniversary of his Met debut, and 35th from his appointment as Music Director. Under his guide the orchestra always sounds better, and the general improvement in quality over the years has been felt by every assiduous Met-goer, resulting in the Met orchestra becoming arguably the best opera-house orchestra in the world. -
Notice of Arbitration ______
Case 1:19-mc-00401-AT Document 3-1 Filed 08/29/19 Page 1 of 20 IN THE ARBITRATION UNDER THE AGREEMENT BETWEEN THE GOVERNMENT OF THE RUSSIAN FEDERATION AND THE GOVERNMENT OF THE REPUBLIC OF LITHUANIA ON THE PROMOTION AND RECIPROCAL PROTECTION OF THE INVESTMENTS BETWEEN FUND FOR PROTECTION OF INVESTORS’ RIGHTS IN FOREIGN STATES, Claimant –and– THE REPUBLIC OF LITHUANIA, Respondent NOTICE OF ARBITRATION ______________________________________________________________________________ ALSTON & BIRD LLP 90 Park Avenue New York, NY 10016 Tel: 212-210-9400 Fax: 212-210-9444 –and– Egorov Puginsky Afanasiev & Partners 21, 1st Tverskaya-Yamskaya Str. 125047, Moscow, Russia Tel: +7(495) 935 80 10 Fax: +7 (495) 935 80 11 Counsel for Claimant Case 1:19-mc-00401-AT Document 3-1 Filed 08/29/19 Page 2 of 20 I. INTRODUCTION 1. Fund for Protection of Investors’ Rights in Foreign States (the Fund), a Russian investment fund, hereby requests the institution of arbitration proceedings against the Republic of Lithuania (Lithuania or the State) in accordance with Article 3 of the UNCITRAL Arbitration Rules 1976 (UNCITRAL Arbitration Rules). 2. The Fund submits this Notice of Arbitration (the Notice) pursuant to Article 10(2)(d) of the Agreement Between the Government of the Russian Federation and the Government of the Republic of Lithuania on the Promotion and Reciprocal Protection of the Investments signed on 29 June 1999 and entered into force on 24 May 2004 (the Treaty).1 3. The Fund acquired this claim against Lithuania from Vladimir Antonov (Mr. Antonov),2 a Russian national, after Mr. Antonov notified Lithuania of his intent to submit the present claims to arbitration on 4 May 2012 (the Notice of Dispute).3 4. -
AB Bank SNORAS Unaudited Interim Condensed Separate and Consolidated Financial Statements 31 March 2011
AB bank SNORAS Unaudited interim condensed separate and consolidated financial statements 31 March 2011 AB bankas SNORAS Interim financial statements for the 3-month period ended 31 March 2011 (LTL thousand) CONSOLIDATED AND SEPARATE INCOME STATEMENTS For the three months ended 31 March Financial Group Bank 2011 2010 2011 2010 Interest revenue 127,381 126,511 87,879 85,520 Interest expense (73,362) (109,099) (53,253) (74,096) Net interest income 54,019 17,412 34,626 11,424 Fee and commission revenue 31,674 55,902 20,920 40,110 Fee and commission expenses (7,239) (7,461) (3,604) (1,872) Net fee and commission income 24,435 48,441 17,316 38,238 Net trading income (expenses) 6,800 14,644 5,649 9,677 Net gain on financial assets and liabilities designated at fair value through profit or loss (835) 6,093 (1,151) 2,064 Net gain on financial assets and liabilities not measured at fair value through profit or loss 11 (85) - (71) Other operating income 11,739 992 642 9 Total operating income 96,169 87,497 57,082 61,341 Credit loss expense and impairment losses (22,879) (28,409) (23,566) (26,513) Net operating income 73,290 59,088 33,516 34,828 Salaries and benefits (33,377) (31,081) (14,499) (14,391) Depreciation and amortisation (7,442) (7,412) (4,568) (3,946) Other operating expenses (30,854) (27,658) (13,952) (12,367) Total operating expenses (71,673) (66,151) (33,019) (30,704) Profit before income tax 1,617 (7,063) 497 4,124 Income tax expense (121) (465) - - Profit for the year 1,496 (7,528) 497 4,124 Attributable to: Equity holders of the parent 1,470 (5,422) - - Non-controlling interest 26 (2,106) - - 1,496 (7,528) 497 4,124 The accompanying notes are an integral part of these interim condensed consolidated financial statements. -
Cross-Country Study Economic Policy Challenges in the Baltics
EUROPEAN ECONOMY Occasional Papers 58| February 2010 Cross-country study Economic policy challenges in the Baltics Directorate-General for Economic and Financial Affairs EUROPEAN COMMISSION Occasional Papers are written by the Staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The “Papers” are intended to increase awareness of the technical work being done by the staff and cover a wide spectrum of subjects. Views expressed do not necessarily reflect the official views of the European Commission. Comments and enquiries should be addressed to: European Commission Directorate-General for Economic and Financial Affairs Publications B-1049 Brussels Belgium E-mail: mailto:[email protected] Legal notice Neither the European Commission nor any person acting on its behalf may be held responsible for the use which may be made of the information contained in this publication, or for any errors which, despite careful preparation and checking, may appear. This paper exists in English only and can be downloaded from the website ec.europa.eu/economy_finance/publications A great deal of additional information is available on the Internet. It can be accessed through the Europa server (ec.europa.eu ) ISBN 978-92-79-15024-1 doi: 10.2765/13626 © European Union, 2010 Reproduction is authorised provided the source is acknowledged. European Commission Directorate-General for Economic and Financial Affairs Cross-country study: Economic policy challenges in the Baltics Rebalancing in an uncertain environment EUROPEAN ECONOMY Occasional Papers No. 58 ACKNOWLEDGEMENTS This study was prepared in the Directorate-General for Economic and Financial Affairs under the direction of Marco Buti, Director-General. -
State-Owned Enterprises in Lithuania Annual Report 2012 SOE Portfolio: Brief Overview
State-Owned Enterprises in Lithuania Annual Report 2012 SOE portfolio: Brief Overview SOE portfolio value SOE portfolio book value of assets SOE portfolio equity value 31 December 2012 13.8 +2.2% 31 December 2012 29.3 -2.2%-31 December 2012 18.3 2.7% 31 December 2011 13.5 31 December 201130.031 December 2011 18.8 LTL billion LTL billion LTL billion 1.0 2.3 1.0 3.5 4.1 3.5 3.5 14.6 8.5 8.9 5.3 5.2 Energy Transport Forestry Other enterprises Energy Transport Forestry Other enterprises Energy Transport Forestry Other enterprises SOE portfolio sales revenue SOE portfolio operating profit SOE portfolio net profit 2012 6,827 +4.3% 2012 4192+155.8% 012 437 +96.6 % 2011 6,544 2011 1642011 222 m LTLm LTL m LTL, normalised profit is provided 40 30 648 644 38 502 67 552 89 249 127 2,455 2,618 210 269 219 100 100 2,892 3,058 -102 -143 -23 -29 2011 2012 2011 2012 2011 2012 Energy Transport Forestry Other enterprises Energy Transport Forestry Other enterprises Energy Transport Forestry Other enterprises SOE portfolio ROE SOE portfolio financial leverage SOE employees 31 December 2012 2.4% 31 December 2012 13.3% 31 December 2012 41,059 -0.7% 31 December 2011 1.2% 31 December 2011 11.1% 31 December 2011 41,33 4 Excluding the interest-free loan to Deposit and Investment Insurance 4.2% 3.5% 6 3.9% , , 27.0% 23 29 23 175 2.5% 3.7% % % 22.5 1.2% 17.2 % % % % % .2 13.2 5 7 14.0 12.7 -1 4 -2.2 1 , , 3 2 8 04 8 00 , , 6 01 6 14 , , 3 86 3 85 0.0% 0.1% Energy Transport Forestry Other enterprises Energy Transport Forestry Other enterprises Energy Transport Forestry -