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It is important to note from press reports that the government is setting up a Central Listing Authority (CLA) which would oversee issues and listing at the stock exchanges and monitor use of issue proceeds. This only means that the Capital Issue Control which was abolished in the wake of liberalization would be making a comeback albeit with a different name and scope. This should be construed as an acknowledgement of the misuse of the freedom by corporates and the intermediaries. It is also being reported that norms for inter-corporate investments and loans, which were. | JOINT-STOCK COMPANY SALDUS MEZRUPNIECIBA SINGLE REGISTRATION NUMBER 40003020121 ANNUAL REPORT FOR THE 2011 NOT AUDITED PREPARED IN ACCORDANCE WITH THE LAW OF THE REPUBLIC OF LATVIA ON ANNUAL REPORTS Saldus 2012 Annual Report for the 2011 Joint-stock company Saldus mezrupnieciba Address Kuldigas 86c Saldus LV-3801 Saldus District. Republic of Latvia Single registration number 40003020121 CONTENT Information about the Company 3 Management announcement 4 Statement of Management Responsibility 5 Profit or loss calculation 6 Balance sheet 7 Balance sheet continuation 8 Cash flow statement 9 Statement on the changes in own capital 10 Annex to the financial statement 11 2 Joint-stock company Saldus mezrupnieciba Address Kuldigas 86c Saldus LV-3801 Saldus District. Republic of Latvia Single registration number 40003020121__ Information about the Company Annual Report for the 2011 Name of the Company Legal status of the Company Registration number place and date Address Saldus Timber Wood Industry Saldus mezrupnieciba Joint Stock Company 40003020124 August 26 1991 Riga KuldTgas iela 86C Saldus Saldus rajons LV 3801 The main areas of activities of the Company Forestry commercial timber preparation and related services production of board lumber etc. Members of the Board name surname position Janis Bertrans Janis Bertrans - Chancellor of the Board Janis Merkalns Janis Mierkalns - member of the Board Gundars Maurs Gundars Maurs - member of the Board Gatis Zommers Gatis Zommers - member of the Board Members of the Council name surname position Uldis Melrkalns Uldis Mierkalns - Chairman of the Council Lolita Burkovska Lolita Burkovska - Deputy Chairman of the Board Maris Elleris Maria Elleris - member of the Council Janis Leimanis Janis Leimanis - member of the Council Ainis Dãbols - member of the Council till 23.09.2011 Subsidiary enterprise 1. Name of the company Legal status of the company NUMBER AND DATE OF REGISTRATION IN THE COMMERCIAL REGISTER Address The main areas
