On 29.04.2012 JSC „Ditton pievadķēžu rūpnīca”, hereinafter – the Company, disclosed a comment on the Company’s annual report, including a comment on the auditor’s recommendation to create reserves for accounts receivable in the amount of LVL 1 721 032.

In its comments the Company pointed out that it evaluates its debtors and first and foremost its main debtor – a Latvian company – as reliable partners, and the Company does not have any reason to believe their liabilities and fulfilment are insecure and consequently to form appropriate reserves. 

The company informs that the debtors have fully settled accounts receivable in the amount of LVL 1 721 032 stated in the auditor’s report for 2011.

P.Dorofejevs

Chairman of the Management Board