E
D
S R
O
W 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 row:
“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 2022 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
vē
t
a
v
a
”
A
nnua
l
R
e
po
r
t
fo
r
2022
R
i
ga
, 2023
AS
“
Rī
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
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g
is
t
r
a
t
ion numb
e
r: 40003045892
A
NNU
AL RE
PO
RT
For
t
h
e
p
e
riod: 01.01.2022 – 31.12.2022
2
Tab
l
e
of Con
t
e
n
t
s
P
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g
e
In
f
orm
a
t
ion on
t
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Comp
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n
y
3
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m
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R
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’s R
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sponsibili
t
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Corpor
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35
AS
“
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g
a
s
k
u
ģ
u bū
v
ē
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v
a
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Addr
e
ss:
G
ā
l
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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: 01.01.2022 – 31.12.2022
3
In
f
orm
a
t
ion on
t
h
e
Comp
a
n
y
N
a
m
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o
f
t
h
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Comp
a
n
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Rī
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a
s
k
u
ģ
u bū
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t
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v
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L
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l s
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f
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a
n
y
Join
t
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k
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n
y
R
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t
r
a
t
ion numb
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nd d
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t
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r 1991
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a
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t
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Addr
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ā
l
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comp
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in
g
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r
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in
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o
f
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d r
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ships
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f
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ā
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r
1 J
a
nu
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c
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a
m
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a
nd
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ddr
e
ss
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(
limi
t
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d li
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bili
t
y
comp
a
n
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a
ndr
a
D
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un
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e
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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
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e
: Vīl
a
nd
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s i
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l
a
7
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1,
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g
a
, LV
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t
or in Ch
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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
“
Rī
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: 01.01.2022 – 31.12.2022
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
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po
r
t
fo
r
2022
A
b
o
ut th
e
C
o
mpan
y
AS
“
Rī
g
a
s
k
u
ģ
u bū
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
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Comp
a
n
y
, w
a
s
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s
t
a
blish
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d mor
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t
h
a
n 100
y
ea
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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
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r
f
orms ship r
e
p
a
irs, shipbuildin
g
a
nd pro
v
id
e
s o
t
h
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r s
e
r
v
ic
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s.
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e
comp
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n
y
op
e
r
a
t
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s
a
nd p
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r
f
orms produc
t
ion proc
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dur
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s in
a
ccord
a
nc
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wi
t
h
t
h
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in
t
e
rn
a
t
ion
a
l qu
a
li
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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
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rman
c
e
r
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su
l
ts and f
i
nan
ci
a
l
stand
i
ng
AS
“
Rī
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
”
clos
e
d
t
h
e
y
ea
r 2022 wi
t
h
a
posi
t
i
v
e
p
e
r
f
orm
a
nc
e
r
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sul
t
or pro
f
i
t
o
f
E
U
R 1,006,722, con
t
r
a
r
y
t
o 2021, which
t
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Comp
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clos
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d
wi
t
h loss.
In 2022, ch
a
n
g
in
g
m
a
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k
e
t
condi
t
ions h
a
v
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si
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f
ic
a
n
t
l
y
incr
ea
s
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d d
e
m
a
nd
f
or
t
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e
us
e
o
f
t
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Comp
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n
y
’s own
e
d
a
nd l
ea
s
e
d
a
ss
e
t
s;
t
h
e
r
e
f
or
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,
t
h
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Comp
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n
y
h
a
s
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 r
e
n
t
in
g
ou
t
o
f
own
a
nd l
ea
s
e
d r
ea
l
e
s
t
a
t
e
(N
ACE2 68.20
)
.
N
e
t
t
urno
v
e
r
f
rom op
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r
a
t
ions in 2022 w
a
s E
U
R
1,674,927, which d
e
cr
ea
s
e
d b
y
20
%
comp
a
r
e
d
t
o 2021.
O
n
e
o
f
t
h
e
f
a
c
t
ors o
f
such d
e
cr
ea
s
e
is r
e
l
a
t
e
d
t
o susp
e
nsion o
f
pro
v
ision o
f
ship r
e
p
a
ir s
e
r
v
ic
e
s.
Th
e
t
o
t
a
l
a
ss
e
t
s o
f
AS
“
Rī
g
a
s
k
u
ģ
u bū
v
ē
t
a
v
a
”
a
t
t
h
e
e
nd o
f
2022 dropp
e
d
t
o E
U
R
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a
r
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d
t
o
t
h
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b
e
g
innin
g
o
f
t
h
e
y
ea
r. In 2022,
t
h
e
a
moun
t
o
f
t
h
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Comp
a
n
y
’s
t
o
t
a
l li
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bili
t
i
e
s h
a
s d
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cr
ea
s
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26
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e
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qui
t
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a
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d
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s
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t
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f
succ
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ss
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ul p
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nc
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nd
a
t
t
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e
nd o
f
t
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t
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t
w
a
s E
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f
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g
a
in
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d
a
nd d
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cr
ea
s
e
in
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ss
e
t
s in
t
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e
r
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por
t
in
g
y
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r is r
e
l
a
t
e
d
t
o
t
h
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Comp
a
n
y
’
s
a
ss
e
t
s sold in 2022, which
e
nsur
e
d succ
e
ss
f
ul impl
e
m
e
n
t
a
t
ion o
f
t
h
e
pl
a
n o
f
m
ea
sur
e
s o
f
l
e
g
a
l pro
t
e
c
t
ion proc
ee
din
g
s.
O
n 16 Au
g
us
t
2019,
t
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g
a
Ci
t
y
Vid
z
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m
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Suburb Cour
t
a
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d
t
h
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pl
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n o
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s
f
or
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’s l
e
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l pro
t
e
c
t
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g
s
(
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a
f
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f
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rr
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t
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h
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a
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wh
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nd
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s
t
ric
t
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e
t
in conn
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c
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ion wi
t
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t
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con
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f
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m
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rm o
f
4
(f
our
)
y
ea
rs
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
PP
, coun
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
con
t
a
inm
e
n
t
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,
which w
e
r
e
a
ppro
v
e
d b
y
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb Cour
t
on 25 J
a
nu
a
r
y
2021,
e
x
t
e
ndin
g
t
h
e
t
e
rm o
f
impl
e
m
e
n
t
a
t
ion o
f
L
PP
pl
a
n
t
o 5
(f
i
v
e
)
y
ea
rs;
O
n 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
.
W
h
e
r
ea
s in
t
h
e
con
t
e
x
t
wi
t
h
t
h
e
a
n
t
icip
a
t
e
d
g
lob
a
l
e
n
e
r
gy
crisis in 2022,
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 on 14 S
e
p
t
e
mb
e
r 2022,
a
d
j
us
t
in
g
t
h
e
Comp
a
n
y
’
s pl
a
nn
e
d
incom
e
a
nd
e
x
p
e
ns
e
s,
a
s w
e
ll
a
s
t
h
e
sch
e
dul
e
f
or s
e
tt
l
e
m
e
n
t
o
f
cr
e
di
t
or cl
a
ims,
wi
t
hou
t
ch
a
n
g
in
g
t
h
e
t
o
t
a
l
a
moun
t
o
f
li
a
bili
t
i
e
s
t
o b
e
co
v
e
r
e
d.
AS
“
Rī
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: 01.01.2022 – 31.12.2022
5
Th
e
a
m
e
ndm
e
n
t
s
t
o
t
h
e
L
PP
w
e
r
e
a
ppro
v
e
d b
y
t
h
e
Ri
g
a
Ci
t
y
Vid
z
e
m
e
Suburb
Cour
t
on 1
N
o
v
e
mb
e
r 2022
.
F
i
nan
ci
a
l
i
nd
ic
at
o
rs
o
f th
e
C
o
mpan
y
C
o
mpany
ba
l
anc
e
s
h
ee
t
i
t
e
m
s
C
urr
e
n
t
a
ss
et
s
T
o
t
a
l
a
ss
et
s
E
qu
i
ty
S
hor
t-te
rm
li
ab
ili
t
i
e
s
T
o
t
a
l
li
ab
ili
t
i
e
s
2022
E
U
R
1
907
290
7
712
263
1
934
347
1
358
480
5
777
916
2021
E
U
R
1
669
448
9
059
203
1
143
973
3
361
011
7
856
449
2020
E
U
R
1
197
846
8
946
860
1
434
818
1
780
322
7
453
261
2022
EU
R
1
674
927
2021
EU
R
2
095
882
2020
EU
R
1
798
430
G
ross
pro
f
i
t
or
l
oss
P
ro
f
i
t
or
l
oss
o
f t
h
e
r
e
por
t
i
n
g
p
e
r
i
od
-
671
205
1
006
722
-
67
654
-
285
538
-
447
027
-
9
982
648
P
r
o
fi
t
a
nd l
o
ss
stat
e
m
e
n
t
i
t
e
ms
o
f
t
h
e
c
o
m
p
a
ny
N
e
t t
urno
v
e
r
P
r
o
f
i
tab
ili
t
y
ana
ly
s
i
s – pro
f
i
t
a
bili
t
y
r
a
t
ios
a
n
a
l
y
s
e
t
h
e
e
ff
e
c
t
i
v
e
n
e
ss o
f
t
h
e
Comp
a
n
y
’s m
a
n
a
g
e
m
e
n
t
d
e
cisions
f
or
t
h
e
p
e
r
f
orm
a
nc
e
o
f
f
in
a
nci
a
l
t
a
s
k
s, wh
e
r
e
t
h
e
op
t
im
a
l pro
f
i
t
a
bili
t
y
r
a
t
io mus
t
b
e
posi
t
i
v
e
,
a
nd
t
h
e
hi
g
h
e
r
t
h
e
r
a
t
io,
t
h
e
b
e
tt
e
r
t
h
e
pro
f
i
t
a
bili
t
y
:
20222021
G
ross pro
f
i
t
m
a
r
g
in
(g
ross pro
f
i
t
/n
e
t
t
urno
v
e
r
)
(
40
)
%
(
3.2
)
%
Th
e
g
ross pro
f
i
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
e
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
)
(
60
)
%
(
13.6
)
%
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
)
52
%
(
25
)
%
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
)
13
%
(
3
)
%
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.
Th
e
n
e
g
a
t
i
v
e
indic
a
t
or o
f
g
ross pro
f
i
t
is
a
cons
e
qu
e
nc
e
o
f
t
h
e
Comp
a
n
y
’
s
t
r
a
nsi
t
ion
t
o o
t
h
e
r
t
y
p
e
s o
f
e
conomic
a
c
t
i
v
i
t
y
. Ship buildin
g
a
nd r
e
p
a
ir s
e
r
v
ic
e
s
w
e
r
e
no
t
pro
v
id