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's activity report 2022

The partnership LIHAKARN started its operations on 01.12.2005. The main activity of the company is the purchase of live animals, primary processing of carcasses, production, storage and marketing of meat products - EMTAK code

C-10111.

In 2022, relatively large renovations were carried out in LIHAKARN partnership to make the working environment safer and more modern. The cold storage of carcasses was completely renovated. In addition, the cold room was expanded and the refrigeration systems were replaced with new modern ones.

The difficult economic situation that began in the fall of 2022 has significantly changed customer buying habits. So far, we have tried to forecast the necessary production quantities. This is further complicated by the price of pork this year, which is reflected in the short-term consumer buying habits and from there in production volumes.

Based on the recommendations of the occupational health doctor and to prevent health damage caused by forced postures of employees, the company's employees have the opportunity to use a modernly furnished gym for both strength training and aerobic exercises. The use of the gym by employees is still very intensive, which shows that the decision made by the company's management to create opportunities for physical movement for employees was the only right one.

The production revenue in 2022 constituted the company's sales revenue of 6,214,822 euros.

The company's net profit was 331,266 euros.

Management

The company's management consists of 1 member.

In 2022, no payments or special benefits were made to the board member.

No additional agreements have been concluded for the remuneration, recall or departure of the board member.

Financial ratios 31.12.2022 31.12.2021

Operating profitability % 5.3 2.2 (operating profit/sales revenue)

Net profitability% 5.3 2.2 (net profit/sales revenue)

Return on equity ROE % 7.5 2.8 (net profit/average equity)

Total asset profitability ROA% 6.2 2.2 (net profit/average cost of assets)

Investments In 2022, 8,814 euros were invested in fixed assets.

No expenditures for research and development activities are planned for 2023.