A/S Kurzemes Atslega 1 : JSC in Liquidation "KURZEMES ATSLĒGA 1" Non-audited Financial Report for first 3 Months 2022.

The liquidation process is ongoing. The main emphasis is being difrected towards the realization of the Company's real estate. The war started by Russia in Ukraine has deepened the economic instability and the interest to acquire the Company's production facilities has decreased

Profit and loss account

		31.03.2022		31.03.2021
		EUR		EUR
Net sales		6511		329128
Cost of sales		(38356)		(445934)
Gross (loss) / profit		(31845)		(116806)
Selling expenses		(3)		(10264)
Administrative expenses		(5789)		(13440)
Other operating income		11074		25692
Other operating expenses		(8617)		(14323)
Interest expenses and similar expenses		(2647)		(2950)
Loss before corporate income tax		(37827)		(132091)
Corporate income tax for the reporting year		-		-
Current year's loss		(37827)		(132091

Loss per share (0.04) (0.14)

Pēteris Frīdenbergs

JSC in Liquidation "KURZEMES ATSLĒGA 1"Liquidator
e-mail: [e-mail]