Remuneration

Remuneration information of the 2022 II quarter:

Remuneration information

Remuneration information of the 2022 I quarter:

Remuneration information

Remuneration information of the 2021 IV quarter:

Remuneration information

Remuneration information of the 2021 III quarter:

Remuneration information

Remuneration information of the 2021 II quarter:

Remuneration information

Remuneration information of the 2021 I quarter:

Remuneration information

Donation

GET Baltic did not provide any donations in 2019, 2020 and 2021 years.

Associated parties transactions

As at 31 December 2021 and 2020, the parent company was EPSO-G UAB. The parent company EPSO-G UAB is directly controlled by the Republic of Lithuania (institution implementing the rights of a shareholder through – the Energy of the Republic of Lithuania). For the purposes of related-party disclosures, the Republic of Lithuania does not include central or local authorities. Disclosures include transactions and balances with EPSO-G Group companies, subsidiaries and associate, all state-controlled companies or those under significant influence and management. A list of state-controlled entities or those under significant influence that are subject to disclosure is provided  on the website of The Governance Coordination Centre: https://vkc.sipa.lt/apie-imones/vvi-sarasas/.

Company related parties in 31 December 2021 and 31 December 2020 was:

EPSO-G UAB companies:

  • AB „Amber Grid“ (Shareholder of the Company);
  • UAB „EPSO-G“ (Parent company of the Shareholder);
  • Litgrid, AB (Subsidiary of UAB EPSO-G);
  • UAB „Baltpool“ (Subsidiary of UAB EPSO-G) ;
  • UAB „Tetas“ ( Subsidiary of UAB EPSO-G since 29.11.2019);

UAB „Ignitis grupė“ group companies:

  • Energijos Skirstymo Operatorius, AB
  • AB „Ignitis gamyba“
  • UAB „Ignitis“
  • UAB „Transporto valdymas“
  • Other companies of UAB „Ignitis grupė“ group, the full list is indicated: https://www.ignitisgrupe.lt/lt/grupes-imones

Other state-owned enterprises:

Regarding the provisions of the legal acts of the Republic of Lithuania, which stipulate that “offers to buy and / or sell gas on the Exchange are submitted anonymously, i.e. information on other parties to transactions concluded on the Exchange is not provided and cannot be accessed by the participants of the Exchange”, therefore, separate amounts of transactions with related parties are not provided in the explanatory information that would disclose the trading volume of the related parties on the Exchange. The list of the Exchange participants is available  here.

Amounts of the Company’s transactions and amounts of debts with related parties as of 31 December 2021 and 2020*:

 

2021 

Purchases Sales Amounts Receivable Amounts Payable Amounts
Services Gas Services Gas Services Gas Services Gas
AB „Amber Grid“, Shareholder of the company 2 791,281 38,471 6 280,609 5 857 1 029,667 149, 630
UAB „EPSO-G“, Shareholder of the parent company 6 382 2 124
AB „Ignitis gamyba“ 63 460 134,990 57 734,353 90 4 926,753
UAB „Ignitis“ 30 608,380 123,135 11 380,755 302 2 375,923
AB „Energijos skirstymo operatorius“ 850 61
UAB „Transporto valdymas“ 5 611 561
Other state-controlled entities 118 4,080 411 4
12 111 33 463, 121 301,526 75 395,717 7 282 1 029,667 2 128 7 452,306

 

 

2020 

Purchases Sales Amounts Receivable Amounts Payable Amounts
Services Gas Services Gas Services Gas Services Gas
AB „Amber Grid“, Shareholder of the company 108,901 49,650 3 820,504 6 486 305,667 54,136
UAB „EPSO-G“, Shareholder of the parent company
AB „Ignitis gamyba“ 5 284 169,174 19 494,233 74 2 363,912
UAB „Ignitis“ 24 855,924 218,607 8 624,988 869 537,978
AB „Energijos skirstymo operatorius“ 600 61
UAB „Transporto valdymas“ 5 666 661
Other state-controlled entities 163 2,400 242 3
5 829 24 970,109 440,431 31 939 7 732 305,667 664 2 956,026

 

*If a counterparty related to the Company has traded on a Natural Gas Exchange, the amounts provided include not only in intermediation fee, but also the amount of natural gas purchase or sale that the Company collects from the company that purchased the natural gas and pays to the company that sold the natural gas.

Transactions with Amber Grid AB associated parties

GET Baltic in accordance with Republic of Lithuania Law on Companies article 372 announce all transactions concluded by GET Baltic with a party related to Amber Grid AB, which are not concluded on the Natural Gas Exchange for the purchase or sale of natural gas and/or capacity.

Transaction with Amber Grid AB associated parties*

*Please note that the list does not include low value transactions (up to EUR 100) and transactions in accordance with the provisions of the legislation of the Republic of Lithuania with parties that have concluded an agreement with GET Baltic Exchange participant and carry out anonymous trading on the Natural Gas Exchange, including gas exchange transactions and short-term capacity.

Phone: +370 5 236 0000
E-mail: info@getbaltic.com