Indėlių ir investicijų draudimas
The company was established at the end of 1996. Its main activities are deposit insurance, insurance of liabilities to investors of banks, brokerage firms and management companies authorised to provide investment services. The company administers three funds: the Deposit Insurance Fund, the Fund of Liabilities to Investors and the Resolution Fund. No one else in Lithuania carries out this type of activity.
KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024
- Average annual adjusted EBITDA::
- 2022–2024 ≥ 41,7 thousand Eur.
- Ratio of cash and cash equivalents to total assets:
- 2022–2024 ≤ 25 percent.
- 2022–2024 ≤ 25 percent.
TARGETED SPECIFIC INDICATORS FOR THE PERIOD 2023-2025
- Income of the Deposit Insurance Fund from insurance premiums, from bankrupt credit institutions (coverage of creditors’ claims), etc., ml. EUR::
- 2023 – 30,2
- 2024 – 31,3
- 2025 – 32,9
- Financial resources of the liability insurance fund for investors, mln. euros:
- 2023 – 3,0
- 2024 – 3,1
- 2025 – 3,2
- Satisfaction of financial market participants, percent:
- 2023-2025 ≥ 90
- Employee job satisfaction, coefficient:
- 2023-2025 ≥ 3,5
2021/22 GOOD CORPORATE GOVERNANCE INDEX
2020/21 GOOD CORPORATE GOVERNANCE INDEX
Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 676 | 737 | 739 | 730 |
| Cost of goods sold | ||||
| Gross profit (loss) | 676 | 737 | 739 | 730 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 676 | 737 | 739 | 730 |
| Operating profit (loss) | ||||
| Operating profit margin | % | % | % | % |
| EBITDA | 33 | 23 | 18 | 14 |
| EBITDA margin | 5% | 3% | 2% | 2% |
| Net profit (loss) | 45 | 55 | 60 | 55 |
| Net profit margin | 7% | 7% | 8% | 8% |
| 2019-06 | 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|---|
| Revenue | 329 | 337 | 328 | 330 |
| Cost of goods sold | ||||
| Gross profit (loss) | 329 | 337 | 328 | 330 |
| Gross profit margin | % | % | % | % |
| Operating expenses | 329 | 337 | 328 | 330 |
| Operating profit (loss) | ||||
| Operating profit margin | % | % | % | % |
| EBITDA | 13 | 9 | 6 | 17 |
| EBITDA margin | 4% | 3% | 2% | 5% |
| Net profit (loss) | 24 | 30 | 27 | 38 |
| Net profit margin | 7% | 9% | 8% | 12% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 7,227 | 11,060 | 9,322 | 13,987 |
| Intangible assets | 15 | 9 | 4 | 13 |
| Tangible assets | 30 | 26 | 22 | 15 |
| Financial assets | 7,182 | 11,025 | 9,296 | 13,959 |
| Other non-current assets | ||||
| Current assets | 8,758 | 4,984 | 6,792 | 2,190 |
| Inventories and prepaid expenses | 0 | 0 | 0 | 0 |
| Accounts receivable in one year | 124 | 108 | 115 | 27 |
| Other current assets | 494 | 4,253 | 4,024 | 617 |
| Cash and cash equivalents | 8,139 | 623 | 2,653 | 1,546 |
| Total assets | 15,987 | 16,046 | 16,121 | 16,182 |
| Equity | 15,924 | 15,979 | 16,039 | 16,094 |
| Grants and subsidies | ||||
| Liabilities | 63 | 66 | 82 | 87 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 63 | 66 | 82 | 87 |
| Equity and liabilities | 15,987 | 16,046 | 16,121 | 16,182 |
| 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|
| Non-current assets | 11,443 | 14,605 | 15,049 |
| Intangible assets | 6 | 16 | 10 |
| Tangible assets | 26 | 18 | 11 |
| Financial assets | 11,411 | 14,571 | 15,028 |
| Other non-current assets | |||
| Current assets | 4,632 | 1,528 | 1,137 |
| Inventories and prepaid expenses | 1 | 0 | 3 |
| Accounts receivable in one year | 64 | 56 | 57 |
| Other current assets | 4,255 | 1,225 | |
| Cash and cash equivalents | 312 | 247 | 1,078 |
| Total assets | 16,087 | 16,146 | 16,200 |
| Equity | 16,009 | 16,066 | 16,132 |
| Grants and subsidies | |||
| Liabilities | 78 | 80 | 67 |
| Financial liabilities | |||
| Long-term liabilities | |||
| Short-term liabilities | 78 | 80 | 67 |
| Equity and liabilities | 16,087 | 16,146 | 16,200 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | 0% | 0% |
| Return on equity (ROE) | 0% | 0% | 0% | 0% |
| Return on capital employed (ROCE) | 0% | % | % | % |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 138.35 | 75.05 | 82.94 | 25.05 |
| Quick ratio | 138.34 | 75.05 | 82.93 | 25.05 |
| Turnover ratios | ||||
| Asset turnover | 0.04 | 0.05 | 0.05 | 0.05 |
| Fixed asset turnover | 0.14 | 0.08 | 0.07 | 0.06 |
| Equity turnover | 0.04 | 0.05 | 0.05 | 0.05 |
| Profitability ratios | ||||
| EBITDA margin | 5% | 3% | 2% | 2% |
| Operating profit margin | % | % | % | % |
| Net profit margin | 7% | 7% | 8% | 8% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
| 2019-06 | 2020-06 | 2021-06 | 2022-06 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | % | 0% | 0% |
| Return on equity (ROE) | 0% | % | 0% | 0% |
| Return on capital employed (ROCE) | % | % | % | 0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 75.05 | 59.69 | 19.20 | 16.89 |
| Quick ratio | 75.05 | 59.68 | 19.20 | 16.85 |
| Turnover ratios | ||||
| Asset turnover | 0.05 | 0.04 | 0.02 | 0.02 |
| Fixed asset turnover | 0.08 | 0.06 | 0.03 | 0.02 |
| Equity turnover | 0.05 | 0.04 | 0.02 | 0.02 |
| Profitability ratios | ||||
| EBITDA margin | 3% | 3% | 2% | 5% |
| Operating profit margin | % | % | % | % |
| Net profit margin | 7% | 9% | 8% | 12% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
Financial statments
2015 m. 12 mėn. tarpinės ataskaitos
2015 m. 9 mėn. tarpinės ataskaitos
2015 m. 6 mėn. tarpinės ataskaitos
2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos
2014 m. 12 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
2014 m. 3 mėn. tarpinės ataskaitos
2014 m. 9 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos
2012 m. 3 mėn. tarpinės ataskaitos
2012 m. 6 mėn. tarpinės ataskaitos
2012 m. 9 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity undefined
About the company
- Official nameVĮ „Indėlių ir investicijų draudimas“
- Legal formState enterprise (VĮ)
- Company code110069451
- SectorOther
- Line of businessDeposit insurance
- Institution representing the StateMinistry of Finance
- Special obligationsPerformes non-commercial special obligations
- Share belonging to the State100%
Return to the State
4 EUR thousand
ROE
0.4%
Number of employees
17
Financial data provided as at end-December 2021
Management
- Aurelija MažintienėChief Executive Officer
Information as of: 2023/05/01
