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
2022/23 GOOD CORPORATE GOVERNANCE INDEX
2021/22 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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 737 | 739 | 730 | 761 |
Cost of goods sold | ||||
Gross profit (loss) | 737 | 739 | 730 | 761 |
Gross profit margin | 100% | 100% | 100% | 100% |
Operating expenses | 737 | 739 | 730 | 761 |
Operating profit (loss) | 0 | 0 | 0 | 0 |
Operating profit margin | 0% | 0% | 0% | 0% |
EBITDA | 23 | 18 | 14 | 24 |
EBITDA margin | 3% | 2% | 2% | 3% |
Net profit (loss) | 55 | 60 | 55 | 76 |
Net profit margin | 7% | 8% | 8% | 10% |
2020-06 | 2021-06 | 2022-06 | 2023-06 | |
---|---|---|---|---|
Revenue | 337 | 328 | 330 | 386 |
Cost of goods sold | 0 | |||
Gross profit (loss) | 337 | 328 | 330 | 386 |
Gross profit margin | 100% | 100% | 100% | 100% |
Operating expenses | 337 | 328 | 330 | 386 |
Operating profit (loss) | 0 | 0 | 0 | 0 |
Operating profit margin | 0% | 0% | 0% | 0% |
EBITDA | 9 | 6 | 17 | 6 |
EBITDA margin | 3% | 2% | 5% | 2% |
Net profit (loss) | 30 | 27 | 38 | 46 |
Net profit margin | 9% | 8% | 12% | 12% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 11,060 | 9,322 | 13,987 | 14,465 |
Intangible assets | 9 | 4 | 13 | 7 |
Tangible assets | 26 | 22 | 15 | 9 |
Financial assets | 11,025 | 9,296 | 13,959 | 14,448 |
Other non-current assets | ||||
Current assets | 4,984 | 6,792 | 2,190 | 1,796 |
Inventories and prepaid expenses | 0 | 0 | 0 | 1 |
Accounts receivable in one year | 108 | 115 | 27 | 32 |
Other current assets | 4,253 | 4,024 | 617 | 1,071 |
Cash and cash equivalents | 623 | 2,653 | 1,546 | 692 |
Total assets | 16,046 | 16,121 | 16,182 | 16,274 |
Equity | 15,979 | 16,039 | 16,094 | 16,170 |
Grants and subsidies | ||||
Liabilities | 66 | 82 | 87 | 104 |
Financial liabilities | 0 | 0 | 0 | 0 |
Long-term liabilities | ||||
Short-term liabilities | 66 | 82 | 87 | 104 |
Equity and liabilities | 16,046 | 16,121 | 16,182 | 16,274 |
2020-06 | 2021-06 | 2022-06 | 2023-06 | |
---|---|---|---|---|
Non-current assets | 11,443 | 14,605 | 15,049 | 14,571 |
Intangible assets | 6 | 16 | 10 | 5 |
Tangible assets | 26 | 18 | 11 | 7 |
Financial assets | 11,411 | 14,571 | 15,028 | 14,559 |
Other non-current assets | 0 | |||
Current assets | 4,632 | 1,528 | 1,137 | 1,722 |
Inventories and prepaid expenses | 1 | 0 | 3 | 1 |
Accounts receivable in one year | 64 | 56 | 57 | 78 |
Other current assets | 4,255 | 1,225 | 0 | 502 |
Cash and cash equivalents | 312 | 247 | 1,078 | 1,141 |
Total assets | 16,087 | 16,146 | 16,200 | 16,305 |
Equity | 16,009 | 16,066 | 16,132 | 16,216 |
Grants and subsidies | 0 | |||
Liabilities | 78 | 80 | 67 | 89 |
Financial liabilities | 0 | 0 | 0 | 0 |
Long-term liabilities | 0 | 0 | 0 | 0 |
Short-term liabilities | 78 | 80 | 67 | 89 |
Equity and liabilities | 16,087 | 16,146 | 16,200 | 16,305 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
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% | 0% | 0% | 0% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
Current Ratio | 75.05 | 82.94 | 25.05 | 17.22 |
Quick ratio | 75.05 | 82.93 | 25.05 | 17.21 |
Turnover ratios | ||||
Asset turnover | 0.05 | 0.05 | 0.05 | 0.05 |
Fixed asset turnover | 0.07 | 0.08 | 0.05 | 0.05 |
Equity turnover | 0.05 | 0.05 | 0.05 | 0.05 |
Profitability ratios | ||||
EBITDA margin | 3% | 2% | 2% | 3% |
Operating profit margin | 0% | 0% | 0% | 0% |
Net profit margin | 7% | 8% | 8% | 10% |
Other ratios | ||||
Dividends to the State | 0.00 | 0.00 | 0.00 | 0.00 |
Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
2020-06 | 2021-06 | 2022-06 | 2023-06 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | 0% | 0% | 1% |
Return on equity (ROE) | 0% | 0% | 0% | 1% |
Return on capital employed (ROCE) | 0% | 0% | 0% | 0% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
Current Ratio | 59.69 | 19.20 | 16.89 | 19.35 |
Quick ratio | 59.68 | 19.20 | 16.85 | 19.34 |
Turnover ratios | ||||
Asset turnover | 0.02 | 0.02 | 0.02 | 0.02 |
Fixed asset turnover | 0.03 | 0.02 | 0.02 | 0.03 |
Equity turnover | 0.02 | 0.02 | 0.02 | 0.02 |
Profitability ratios | ||||
EBITDA margin | 3% | 2% | 5% | 2% |
Operating profit margin | 0% | 0% | 0% | 0% |
Net profit margin | 9% | 8% | 12% | 12% |
Other ratios | ||||
Dividends to the State | ||||
Dividends paid / net profit |
Financial statments
Expectations of the state
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%
ROE
0.5%
Number of employees
17
Financial data provided as at end-December 2022
Management
- Aurelija MažintienėChief Executive Officer
Information as of: 2023/11/03