1
E
D
S LI
N
E REFERE
N
CES:
3
.
3
.
3
.
A
SSET ITEMS o
t
h
e
r
4
.
5
.
8
.
E
QU
IT
Y
AN
D
LI
A
B
ILITIES
ITEMS o
t
h
e
r
1.4
This text must be copied into EDS in the specified line:
“The derivation of the annual financial statements in
electronic form entered into the electronic declaration system (EDS) corresponds to the full annual financial statements
prepared by the company in terms of provided information content, however, information is provided in a different
sectional view in the EDS attachment, it does not comprise completely all information included in the notes to the annual
financial statements and, therefore, the information provided in EDS is not directly comparable with the financial
statements information included in the full annual financial statements, which have been audited by a certified auditor
and for which a certified auditor’s report has been given.
Please see the full annual financial statements for 2021 of the company along with the certified auditor’s report on the
financial statements comprised by the annual financial statements in scanned form in the enclosed attachment.”
A
S
“R
ī
gas kuģu bū
t
a
v
a
A
nnua
l
r
e
po
r
t
fo
r
2021
R
i
ga
, 2022
AS
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
Addr
e
ss:
G
ā
l
e
s i
e
l
a
2, Ri
g
a
, LV
-
1015
R
e
g
is
t
r
a
t
ion numb
e
r: 40003045892
A
NNU
AL RE
PO
RT
For
t
h
e
p
e
riod: 01.01.2021 – 31.12.2021
2
Tab
l
e
of Con
t
e
n
t
s
P
a
g
e
In
f
orm
a
t
ion
a
bou
t
t
h
e
Comp
a
n
y
3
M
a
n
a
g
e
m
e
n
t
R
e
por
t
4
S
t
a
t
e
m
e
n
t
o
f
M
a
n
a
g
e
m
e
n
t
’s R
e
sponsibili
t
y
8
Corpor
a
t
e
G
o
v
e
rn
a
nc
e
R
e
por
t
9
P
ro
f
i
t
a
nd Loss S
t
a
t
e
m
e
n
t
10
B
a
l
a
nc
e
Sh
ee
t
11
S
t
a
t
e
m
e
n
t
o
f
Ch
a
n
g
e
s in Equi
t
y
13
C
a
sh Flow S
t
a
t
e
m
e
n
t
14
N
o
t
e
s15
Audi
t
or’s R
e
por
t
36
AS
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
Addr
e
ss:
G
ā
l
e
s i
e
l
a
2, Ri
g
a
, LV
-
1015
R
e
g
is
t
r
a
t
ion numb
e
r: 40003045892
A
NNU
AL RE
PO
RT
For
t
h
e
p
e
riod: 01.01.2021 – 31.12.2021
3
In
f
orm
a
t
ion
a
bou
t
t
h
e
Comp
a
n
y
N
a
m
e
o
f
t
h
e
comp
a
n
y
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
L
e
g
a
l s
t
a
t
us o
f
t
h
e
comp
a
n
y
Join
t
S
t
oc
k
Comp
a
n
y
R
e
g
is
t
r
a
t
ion numb
e
r, pl
a
c
e
a
nd d
a
t
e
40003045892, Ri
g
a
, 5
D
e
c
e
mb
e
r 1991
R
e
g
is
t
e
r
e
d in
t
h
e
Comm
e
rci
a
l R
e
g
is
t
e
r
26 Au
g
us
t
2004, Ri
g
a
Addr
e
ss
G
ā
l
e
s i
e
l
a
2, Ri
g
a
, LV
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1015
M
a
in
t
y
p
e
s o
f
a
c
t
i
v
i
t
y
o
f
t
h
e
comp
a
n
y
L
ea
sin
g
a
nd m
a
n
a
g
in
g
own
e
d or r
e
n
t
e
d r
ea
l
e
s
t
a
t
e
,
N
ACE2 68.20
Buildin
g
o
f
ships
a
nd
f
lo
a
t
in
g
s
t
ruc
t
ur
e
s,
N
ACE2
30.11
Bo
a
rd
(
1
.
8
.
5
.
2
)
M
e
mb
e
r o
f
t
h
e
Bo
a
rd
M
e
mb
e
r o
f
t
h
e
Bo
a
rd
Ein
ā
rs Bu
k
s, in o
ff
ic
e
f
rom 18.08.2017, r
e
pr
e
s
e
n
t
a
t
ion
ri
g
h
t
s coll
e
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t
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v
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M
e
mb
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r o
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Bo
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rd
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e
nnis
P
a
r
f
e
ns, in o
ff
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e
f
rom 07.01.2021,
r
e
pr
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s
e
n
t
a
t
ion ri
g
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t
s coll
e
c
t
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Council
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1
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)
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Council
M
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Council
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f
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Council
M
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mb
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f
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e
Council
V
a
sili
j
s M
e
ļņi
k
s, in o
ff
ic
e
f
rom 26.05.2014
Al
e
k
s
a
ndrs Č
e
a
v
s
k
is, in o
ff
ic
e
f
rom 26.05.2014
G
a
idis Andr
e
j
s Z
e
ibo
t
s, in o
ff
ic
e
f
rom 05.06.2009
t
o
07.01.2021
L
a
ris
a
Ar
t
e
m
e
n
k
o, in o
ff
ic
e
f
rom 07.01.2021
G
a
hr
a
m
a
ns
G
us
e
ino
v
s, in o
ff
ic
e
f
rom 07.01.2021
S
a
ndis S
t
rods, in o
ff
ic
e
f
rom 07.01.2021
Annu
a
l r
e
por
t
pr
e
p
a
r
e
d b
y
Chi
e
f
a
ccoun
t
a
n
t
Elīn
a
Tr
e
i
j
a
R
e
por
t
in
g
y
ea
r
1 J
a
nu
a
r
y
– 31
D
e
c
e
mb
e
r 2021
Audi
t
or’s n
a
m
e
a
nd
a
ddr
e
ss
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(
limi
t
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d li
a
bili
t
y
comp
a
n
y)
S
a
ndr
a
D
z
e
r
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un
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a
r
t
n
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ris
comm
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a
l comp
a
n
y
o
f
sworn
a
udi
t
ors,
Lic
e
nc
e
N
o. 38.
R
e
g
is
t
e
r
e
d o
ff
ic
e
: Vil
a
nd
e
s S
t
r
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t
7
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1,
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t
or in Ch
a
r
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e
B
a
ib
a
Apin
e
C
e
r
t
i
f
ic
a
t
e
N
o.214.
AS
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
Addr
e
ss:
G
ā
l
e
s i
e
l
a
2, Ri
g
a
, LV
-
1015
R
e
g
is
t
r
a
t
ion numb
e
r: 40003045892
A
NNU
AL RE
PO
RT
For
t
h
e
p
e
riod: 01.01.2021 – 31.12.2021
4
A
S
“R
ī
gas kuģu būv
ē
t
ava
Manag
e
m
e
n
t
R
e
po
r
t
O
THE
R
DO
C
U
ME
N
T
S
t
o
t
h
e
A
nnua
l
Ac
t
i
v
i
t
y
R
e
po
r
t
fo
r
2021
A
b
o
ut th
e
c
o
mpan
y
AS
g
a
s
k
u
ģ
u
v
ē
t
a
v
a
, h
e
r
e
in
a
f
t
e
r r
e
f
e
rr
e
d
t
o
a
s
t
h
e
Comp
a
n
y
, w
a
s
e
s
t
a
blish
e
d mor
e
t
h
a
n 100
y
ea
rs
a
g
o
a
nd is on
e
o
f
t
h
e
ship
y
a
rds in
t
h
e
B
a
l
t
ic S
ea
r
e
g
ion
t
h
a
t
p
e
r
f
orms ship r
e
p
a
irs, shipbuildin
g
a
nd pro
v
id
e
s o
t
h
e
r s
e
r
v
ic
e
s.
Th
e
comp
a
n
y
op
e
r
a
t
e
s
a
nd p
e
r
f
orms produc
t
ion proc
e
dur
e
s in
a
ccord
a
nc
e
wi
t
h
t
h
e
in
t
e
rn
a
t
ion
a
l qu
a
li
t
y
con
t
rol s
t
a
nd
a
rds IS
O
9001:2015, IS
O
14001:2015
a
nd IS
O
45001:2018.
F
i
nan
ci
a
l
p
e
rf
o
rman
c
e
r
e
su
l
ts and f
i
nan
ci
a
l
stand
i
ng
AS
g
a
s
k
u
ģ
u
v
ē
t
a
v
a
clos
e
d 2021 wi
t
h
a
n
e
g
a
t
i
v
e
op
e
r
a
t
in
g
r
e
sul
t
or loss
o
f
E
U
R 285,538, which d
e
cr
ea
s
e
d b
y
mor
e
t
h
a
n 35
t
im
e
s comp
a
r
e
d
t
o 2020.
In 2021, ch
a
n
g
in
g
m
a
r
k
e
t
condi
t
ions h
a
v
e
incr
ea
s
e
d d
e
m
a
nd
f
or
t
h
e
us
e
o
f
t
h
e
Comp
a
n
y
’s own
e
d
a
nd r
e
n
t
e
d
a
ss
e
t
s
a
nd
t
h
e
Comp
a
n
y
h
a
s
t
h
e
r
e
f
or
e
f
ocus
e
d i
t
s
a
c
t
i
v
i
t
i
e
s on
t
h
e
m
a
n
a
g
e
m
e
n
t
a
nd l
ea
sin
g
o
f
own
e
d
a
nd r
e
n
t
e
d r
ea
l
e
s
t
a
t
e
(N
ACE2 68.20
)
a
nd
t
h
e
a
nnu
a
l r
e
por
t
includ
e
s in op
e
r
a
t
in
g
r
e
v
e
nu
e
s bo
t
h
incom
e
f
rom ship r
e
p
a
irs
a
nd prop
e
r
t
y
m
a
n
a
g
e
m
e
n
t
.
N
e
t
t
urno
v
e
r
f
rom
op
e
r
a
t
ions in 2021 w
a
s E
U
R 2,095,882, which incr
ea
s
e
d b
y
17
%
comp
a
r
e
d
t
o
2020.
O
n
e
o
f
t
h
e
f
a
c
t
ors in
f
lu
e
ncin
g
t
h
e
incr
ea
s
e
is
t
h
a
t
in 2021 AS
g
a
s
k
u
ģ
u
v
ē
t
a
v
a
a
g
r
ee
d wi
t
h s
e
v
e
r
a
l shippin
g
comp
a
ni
e
s on
t
h
e
p
e
r
f
orm
a
nc
e
o
f
ship
r
e
p
a
irs, which w
e
r
e
a
lso succ
e
ss
f
ull
y
impl
e
m
e
n
t
e
d. In
t
h
e
r
e
por
t
in
g
y
ea
r,
t
h
e
m
a
in cus
t
om
e
rs w
e
r
e
comp
a
ni
e
s
f
rom
G
e
rm
a
n
y
, Finl
a
nd, B
e
l
g
ium
a
nd L
a
t
v
i
a
. Th
e
t
o
t
a
l
a
ss
e
t
s o
f
AS
g
a
s
k
u
ģ
u
v
ē
t
a
v
a
a
t
t
h
e
e
nd o
f
2021, comp
a
r
e
d
t
o
t
h
e
b
e
g
innin
g
o
f
t
h
e
y
ea
r, incr
ea
s
e
d insi
g
ni
f
ic
a
n
t
l
y
t
o E
U
R 9,059,203. In 2021,
t
h
e
a
moun
t
o
f
t
h
e
Comp
a
n
y
’s
t
o
t
a
l li
a
bili
t
i
e
s h
a
s incr
ea
s
e
d b
y
5
%
, whil
e
e
qui
t
y
h
a
s
d
e
cr
ea
s
e
d b
y
20
%
a
nd
a
t
t
h
e
e
nd o
f
t
h
e
r
e
por
t
in
g
p
e
riod i
t
w
a
s E
U
R
1,143,973.
O
n 16 Au
g
us
t
2019,
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb Cour
t
a
ppro
v
e
d
t
h
e
pl
a
n o
f
m
ea
sur
e
s
f
or
t
h
e
Comp
a
n
y
’s l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s
(
h
e
r
e
in
a
f
t
e
r r
e
f
e
rr
e
d
t
o
a
s
L
PP)
. Accordin
g
t
o
t
h
e
a
ppro
v
e
d L
PP
pl
a
n o
f
m
ea
sur
e
s,
t
h
e
f
ul
f
ilm
e
n
t
o
f
t
h
e
f
in
a
nci
a
l obli
g
a
t
ion
t
o
t
h
e
s
e
cur
e
d cr
e
di
t
ors w
a
s d
e
t
e
rmin
e
d wi
t
hin si
x
mon
t
hs,
a
nd
t
o
t
h
e
uns
e
cur
e
d cr
e
di
t
ors – wi
t
hin
t
w
e
n
t
y-f
our mon
t
hs
f
rom
t
h
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a
ppro
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a
l o
f
t
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L
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pl
a
n o
f
m
ea
sur
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s.
Consid
e
rin
g
t
h
e
f
a
c
t
t
h
a
t
in L
a
t
v
i
a
a
nd
e
ls
e
wh
e
r
e
in
t
h
e
world
t
h
e
prohibi
t
ions
a
nd
r
e
s
t
ric
t
ions s
e
t
in conn
e
c
t
ion wi
t
h
t
h
e
r
e
s
t
ric
t
ion o
f
t
h
e
spr
ea
d o
f
Co
v
id
-
19 w
e
r
e
in
t
roduc
e
d in 2020,
t
h
e
Comp
a
n
y
w
a
s un
a
bl
e
t
o r
e
sum
e
i
t
s
e
conomic
a
c
t
i
v
i
t
y
t
o
t
h
e
e
x
t
e
n
t
pro
v
id
e
d
f
or in
t
h
e
L
PP
pl
a
n o
f
m
ea
sur
e
s,
t
h
e
r
e
f
or
e
t
h
e
Comp
a
n
y
d
e
v
e
lop
e
d
a
m
e
ndm
e
n
t
s
t
o
t
h
e
L
PP
pl
a
n o
f
m
ea
sur
e
s.
O
n 15 M
a
y
2020,
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb Cour
t
d
e
cid
e
d
t
o
a
ppro
v
e
t
h
e
a
m
e
ndm
e
n
t
s
t
o
t
h
e
pl
a
n o
f
m
ea
sur
e
s o
f
t
h
e
Comp
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n
y
’s l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s
a
nd
t
o s
e
t
t
h
e
t
e
rm
f
or
t
h
e
impl
e
m
e
n
t
a
t
ion o
f
t
h
e
Comp
a
n
y
’s l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s
a
t
4
(f
our
)
y
ea
rs, s
t
a
r
t
in
g
f
rom 16 Au
g
us
t
2019. A
t
t
h
e
e
nd o
f
2020, wi
t
h
t
h
e
con
t
inu
a
t
ion o
f
t
h
e
b
a
ns
a
nd r
e
s
t
ric
t
ions impos
e
d in conn
e
c
t
ion wi
t
h
t
h
e
r
e
s
t
ric
t
ion o
f
t
h
e
spr
ea
d o
f
Co
v
id
-
19,
t
h
e
Comp
a
n
y
r
e
p
ea
t
e
dl
y
d
e
v
e
lop
e
d
a
m
e
ndm
e
n
t
s
t
o
t
h
e
L
PP
pl
a
n o
f
m
ea
sur
e
s.
O
n 25 J
a
nu
a
r
y
2021,
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb Cour
t
a
ppro
v
e
d n
e
w
a
m
e
ndm
e
n
t
s
t
o
t
h
e
pl
a
n o
f
m
ea
sur
e
s o
f
t
h
e
l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s o
f
t
h
e
Comp
a
n
y
a
nd s
e
t
t
h
e
t
e
rm
f
or impl
e
m
e
n
t
a
t
ion o
f
t
h
e
l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s
f
or
t
h
e
Comp
a
n
y
a
t
5
(f
i
v
e
)
y
ea
rs, s
t
a
r
t
in
g
f
rom
16 Au
g
us
t
2019, wh
e
r
ea
s on 17 S
e
p
t
e
mb
e
r 2021,
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb
Cour
t
a
ppro
v
e
d n
e
w
a
m
e
ndm
e
n
t
s
t
o
t
h
e
pl
a
n o
f
m
ea
sur
e
s o
f
t
h
e
l
e
g
a
l pro
t
e
c
t
ion
proc
ee
din
g
s o
f
t
h
e
Comp
a
n
y
, which
a
llow
f
or
a
10
%
r
e
duc
t
ion in p
a
y
m
e
n
t
obli
g
a
t
ions
(
princip
a
l cl
a
ims
)
t
o
t
h
e
Comp
a
n
y
’s cr
e
di
t
ors in
t
h
e
e
v
e
n
t
o
f
a
succ
e
ss
f
ul
ou
t
com
e
o
f
t
h
e
L
PP
. As
a
pr
e
c
a
u
t
ion
a
r
y
m
ea
sur
e
,
t
h
e
Comp
a
n
y
will r
e
f
l
e
c
t
t
h
e
d
e
cr
ea
s
e
in li
a
bili
t
i
e
s in
t
h
e
f
in
a
nci
a
l d
a
t
a
a
t
t
h
e
e
nd o
f
t
h
e
L
PP
.
AS
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
Addr
e
ss:
G
ā
l
e
s i
e
l
a
2, Ri
g
a
, LV
-
1015
R
e
g
is
t
r
a
t
ion numb
e
r: 40003045892
A
NNU
AL RE
PO
RT
For
t
h
e
p
e
riod: 01.01.2021 – 31.12.2021
5
C
o
mpan
y
’s ba
l
an
c
e
sh
ee
t
i
t
e
ms202120202019
E
U
RE
U
R E
U
R
Curr
e
n
t
a
ss
e
t
s1,669,4481,197,8463,578,830
To
t
a
l
a
ss
e
t
s9,059,203 8,946,860 18,904,572
Equi
t
y
1,143,9731,434,818 11,243,925
Shor
t
-
t
e
rm li
a
bili
t
i
e
s 3,361,011 1,780,3225,482,965
To
t
a
l li
a
bili
t
i
e
s7,856,4497,453,261 7,660,647
P
r
o
f
i
t and
l
o
ss stat
e
m
e
nt
i
t
e
ms
o
f th
e
c
o
mpan
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N
e
t
t
urno
v
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r2,095,882
G
ross pro
f
i
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or loss
(
82,364
)
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ro
f
i
t
or loss
f
or
t
h
e
r
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por
t
in
g
p
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(
285,538
)
1,798,430
(
447,027
)
(
9,982,648
)
277,376
(
1,647,116
)
(
823,990
)
2018
E
U
R
4,027,72
(
2,372,1
(
6,644,7
201
F
i
nan
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l
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o
f th
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C
o
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r
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f
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tab
ili
t
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ly
s
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s pro
f
i
t
a
bili
t
y
r
a
t
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a
n
a
l
y
s
e
t
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e
e
ff
e
c
t
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e
n
e
ss o
f
t
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Comp
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n
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’s m
a
n
a
g
e
m
e
n
t
d
e
cisions
f
or
t
h
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p
e
r
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orm
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nc
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o
f
f
in
a
nci
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t
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s
k
s, wh
e
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t
h
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op
t
im
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l pro
f
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t
a
bili
t
y
r
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t
io mus
t
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posi
t
i
v
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a
nd
t
h
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hi
g
h
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r
t
h
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r
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t
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t
h
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b
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tt
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r
t
h
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pro
f
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t
a
bili
t
y
:
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G
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t
m
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r
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in
(g
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t
t
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%
(
27
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%
Th
e
g
ross pro
f
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t
m
a
r
g
in r
a
t
io shows
t
h
e
r
a
t
io o
f
s
a
l
e
s
t
o dir
e
c
t
cos
t
s. Comp
a
ni
e
s us
e
t
his indic
a
t
or
t
o c
a
lcul
a
t
e
t
h
e
e
x
t
e
n
t
t
o which ch
a
n
g
e
s in n
e
t
s
a
l
e
s
a
ff
e
c
t
g
ross pro
f
i
t
.
Comm
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rci
a
l pro
f
i
t
a
bili
t
y
indic
a
t
or
(
pro
f
i
t
/n
e
t
t
urno
v
e
r
f
or
t
h
e
r
e
por
t
in
g
p
e
riod
)
(
14
)
%
(
555
)
%
Th
e
Comp
a
n
y
us
e
s
t
his indic
a
t
or
t
o d
e
t
e
rmin
e
i
t
s
a
bili
t
y
t
o
g
e
n
e
r
a
t
e
pro
f
i
t
s.
R
e
t
urn on
e
qui
t
y
(
pro
f
i
t
/
e
qui
t
y
f
or
t
h
e
r
e
por
t
in
g
p
e
riod
)
(
25
)
%
(
646
)
%
R
e
t
urn on
e
qui
t
y
shows how
e
ff
ici
e
n
t
l
y
t
h
e
c
a
pi
t
a
l in
v
e
s
t
e
d b
y
t
h
e
Comp
a
n
y
’s
own
e
rs is us
e
d. Th
e
comp
a
n
y
us
e
s
t
his indic
a
t
or
t
o d
e
t
e
rmin
e
how much
a
po
t
e
n
t
i
a
l in
v
e
s
t
or will
ea
rn
f
rom
ea
ch
e
uro
t
h
e
y
in
v
e
s
t
.
R
e
t
urn on
a
ss
e
t
s
(
pro
f
i
t
f
or
t
h
e
r
e
por
t
in
g
p
e
riod/
t
o
t
a
l
a
ss
e
t
s
)
(
3
)
%
(
111
)
%
Th
e
Comp
a
n
y
us
e
s
t
his indic
a
t
or
t
o c
a
lcul
a
t
e
t
h
e
r
e
t
urn on
t
o
t
a
l
a
ss
e
t
s us
e
d
f
or
t
h
e
Comp
a
n
y
’s op
e
r
a
t
ions.
T
a
k
in
g
in
t
o
a
ccoun
t
t
h
a
t
t
h
e
Comp
a
n
y
h
a
d
g
ross
a
nd n
e
t
loss
e
s in
t
h
e
r
e
por
t
in
g
y
ea
r
a
nd
t
h
e
pr
e
v
ious
y
ea
r,
t
h
e
pro
f
i
t
a
bili
t
y
indic
a
t
ors
a
r
e
n
e
g
a
t
i
v
e
, how
e
v
e
r,
t
h
e
pro
f
i
t
a
bili
t
y
indic
a
t
ors h
a
v
e
impro
v
e
d si
g
ni
f
ic
a
n
t
l
y
comp
a
r
e
d
t
o
t
h
e
pr
e
v
ious
r
e
por
t
in
g
p
e
riod,
a
nd
t
h
e
2021 c
a
lcul
a
t
ions
a
r
e
b
a
s
e
d on
t
h
e
m
a
r
k
e
t
v
a
lu
e
o
f
t
h
e
a
ss
e
t
s.
Cap
i
ta
l
stru
c
tur
e
ana
ly
s
i
s c
a
pi
t
a
l s
t
ruc
t
ur
e
r
a
t
ios loo
k
a
t
t
h
e
Comp
a
n
y
’s
c
a
pi
t
a
l s
t
ruc
t
ur
e
a
nd show how much
a
ddi
t
ion
a
l li
a
bili
t
i
e
s
t
h
e
Comp
a
n
y
is
a
bl
e
t
o
incur.
Fin
a
nci
a
l
e
quilibrium r
a
t
io
(
t
o
t
a
l
a
ss
e
t
s/
e
qui
t
y)
7.926.24
Th
e
Comp
a
n
y
us
e
s
t
his