Related-Party Transactions
Pursuant to Article 372 of the Law on Companies of the Republic of Lithuania, we provide information on transactions concluded by AB Klaipėdos Nafta with related parties:
- Regarding the transaction on transfer of regulated activities of liquefied natural gas terminal into the subsidiary UAB SGD terminalas (June 27th, 2019).
- Regarding the approval of the Supervisory Board and the planned transactions with the related party KN Açu Serviços de Terminal de GNL Ltda (February 4th, 2020).
- Regarding transaction with related party Klaipėda ID (November 18th, 2020)
Related parties of the Company and transactions with them for the twelve months period of 2022, in thousand EUR
Transactions with Lithuanian State controlled enterprises and institutions and other related parties.
| Related party | Period | Purchases | Sales | Accounts receivable | Accounts payable |
|---|---|---|---|---|---|
| State Enterprise Klaipeda State Seaport Authority | 2022 twelve months | 2 503 | - | - | 458 |
| AB Amber Grid | 2022 twelve months | - | 10 729 | 3 975 | - |
| UAB Ignitis | 2022 twelve months | - | 10 530 | 1 103 | - |
| Public Institution Lithuanian Energy Agency | 2022 twelve months | - | 3 365 | - | - |
| AB Energijos skirstymo operatorius | 2022 twelve months | 287 | - | - | 35 |
| AB LG Cargo | 2022 twelve months | 1 430 | - | - | 99 |
| KN ACU Servicos de Terminal de GNL Ltda | 2022 twelve months | - | 151 | 37 | - |
| Other related parties | 2022 twelve months | 59 | - | - | 3 |
| Related party transactions, total: | 2022 twelve months | 2 809 | 20 484 | 5 828 | 289 |
Related parties of the Company and transactions with them for 2021, in thousand EUR
Transactions with Lithuanian State controlled enterprises and institutions and other related parties.
| Related party | Period | Purchases | Sales | Accounts receivable | Accounts payable |
|---|---|---|---|---|---|
| State Enterprise Klaipeda State Seaport Authority | 2021 twelve months | 2 442 | - | - | 257 |
| AB Amber Grid | 2021 twelve months | - | 27 732 | 7 005 | - |
| UAB Ignitis | 2021 twelve months | 4 | 1 930 | 339 | - |
| Public Institution Lithuanian Energy Agency | 2021 twelve months | - | 3 329 | - | - |
| AB Energijos skirstymo operatorius | 2021 twelve months | 429 | - | - | 55 |
| AB LG Cargo | 2021 twelve months | 966 | - | - | 86 |
| KN ACU Servicos de Terminal de GNL Ltda | 2021 twelve months | 0 | 294 | 15 | - |
| Other related parties | 2021 twelve months | 31 | - | - | 1 |
| Related party transactions, total: | 2021 twelve months | 3 872 | 33 285 | 7 359 | 399 |