Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

Lietuvos paštas is the largest provider of postal services in the country. The company’s main mission is to be a reliable parcel and letter delivery partner connecting Lithuania with the world. Lithuanian Post also operates the second largest network of parcel machines in Lithuania, LP EXPRESS, and provides services for payment of benefits, subscription delivery and remittances.

          2024/25 GOOD CORPORATE GOVERNANCE INDEX

              Gelezinkeliai_2025              

 

SK – Transparency Dimension
SV – Strategic Management Dimension
TV – Sustainability Dimension
AV – Shareholder Actions Dimension
GI – Good Governance Indicator

Financial results

P/L Statment

2022 2023 2024 2025
Revenue 432,932 452,001 496,741 514,327
Cost of goods sold 427,978 421,651 444,683 453,418
Gross profit (loss) 4,954 30,350 52,057 60,909
Gross profit margin 1% 7% 10% 12%
Operating expenses 0
Operating profit (loss) 4,954 30,350 52,057 60,909
Operating profit margin 1% 7% 10% 12%
EBITDA 112,104 142,633 169,720 175,325
EBITDA margin 26% 32% 34% 34%
Net profit (loss) 1,213 21,643 37,023 43,268
Net profit margin 0% 5% 7% 8%
2022-06 2023-06 2024-06 2025-06
Revenue 201,864 211,172 243,697 241,559
Cost of goods sold 176,796 199,829 217,895 216,486
Gross profit (loss) 25,067 11,343 25,802 25,073
Gross profit margin 12% 5% 11% 10%
Operating expenses 31,457
Operating profit (loss) -6,390 11,343 25,802 25,073
Operating profit margin -3% 5% 11% 10%
EBITDA 43,663 65,938 81,652 84,819
EBITDA margin 22% 31% 34% 35%
Net profit (loss) -6,561 8,989 20,386 19,218
Net profit margin -3% 4% 8% 8%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2022 2023 2024 2025
Non-current assets 1,991,316 2,198,208 2,417,722 2,639,961
Intangible assets 28,892 29,590 31,215 35,514
Tangible assets 1,951,669 2,157,589 2,376,407 2,596,744
Financial assets 7,436 7,261 7,285 5,641
Other non-current assets 1,991,316 2,198,208 2,417,722 2,639,961
Current assets 283,412 293,604 268,124 372,503
Inventories and prepaid expenses 30,577 25,024 37,849 34,241
Accounts receivable in one year 37,670 32,914 53,736 76,706
Other current assets 0 0 0
Cash and cash equivalents 213,434 228,566 176,539 261,556
Total assets 2,280,260 2,498,469 2,694,443 3,022,939
Equity 1,161,504 1,174,286 1,197,208 1,207,139
Grants and subsidies 809,164 983,466 1,119,665 1,316,983
Liabilities 286,979 312,152 339,944 441,156
Financial liabilities 159,914 139,808 137,339 212,889
Long-term liabilities 167,762 149,826 170,536 231,416
Short-term liabilities 119,217 162,326 169,408 209,741
Equity and liabilities 2,280,260 2,498,469 2,694,443 3,022,939
2022-06 2023-06 2024-06 2025-06
Non-current assets 1,920,003 2,071,782 2,224,667 2,491,878
Intangible assets 26,837 29,377 29,546 30,527
Tangible assets 1,881,913 2,031,530 2,184,632 2,451,805
Financial assets 7,537 7,354 7,653 6,649
Other non-current assets 3,717 3,521 2,836 2,898
Current assets 149,988 250,438 266,836 198,045
Inventories and prepaid expenses 44,475 40,710 24,632 36,108
Accounts receivable in one year 65,304 61,631 90,805 93,014
Other current assets 1,500
Cash and cash equivalents 40,209 145,134 148,220 65,249
Total assets 2,081,696 2,328,261 2,502,301 2,699,994
Equity 1,153,754 1,170,201 1,180,658 1,183,119
Grants and subsidies 629,569 813,725 984,224 1,139,442
Liabilities 279,000 318,105 300,235 344,667
Financial liabilities 165,993 142,939 130,435 147,636
Long-term liabilities 170,635 156,512 158,635 189,093
Short-term liabilities 108,365 161,593 141,600 155,574
Equity and liabilities 2,081,696 2,328,261 2,502,301 2,699,994

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2022 2023 2024 2025
Capital return ratios
Return on assets (ROA) 0% 1% 1% 2%
Return on equity (ROE) 0% 2% 3% 4%
Return on capital employed (ROCE) 0% 2% 4% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.06 0.05 0.07
Current Ratio 2.38 1.81 1.58 1.78
Quick ratio 2.12 1.65 1.36 1.61
Turnover ratios
Asset turnover 0.19 0.18 0.18 0.17
Fixed asset turnover 0.22 0.21 0.21 0.19
Equity turnover 0.37 0.38 0.41 0.43
Profitability ratios
EBITDA margin 26% 32% 34% 34%
Operating profit margin 1% 7% 10% 12%
Net profit margin 0% 5% 7% 8%
Other ratios
Dividends to the State 0.00 13,022.25 33,283.89 25,633.50
Dividends paid / net profit 0.00 0.60 0.90 0.59

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2022-06 2023-06 2024-06 2025-06
Capital return ratios
Return on assets (ROA) 1% 1% 1% 1%
Return on equity (ROE) 2% 1% 3% 3%
Return on capital employed (ROCE) -0% 1% 2% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.08 0.06 0.05 0.05
Current Ratio 1.38 1.55 1.88 1.27
Quick ratio 0.97 1.30 1.71 1.04
Turnover ratios
Asset turnover 0.10 0.09 0.10 0.09
Fixed asset turnover 0.11 0.10 0.11 0.10
Equity turnover 0.17 0.18 0.21 0.20
Profitability ratios
EBITDA margin 22% 31% 34% 35%
Operating profit margin -3% 5% 11% 10%
Net profit margin -3% 4% 8% 8%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2024 m. 6 mėn. tarpinės ataskaitos 2024 m. metinės ataskaitos
2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos
2018 m. metinės ataskaitos 2018 m. 6 mėn. tarpinės ataskaitos
2017 m. 6 mėn. tarpinės ataskaitos 2017 m. metinės ataskaitos
2016 m. metinės ataskaitos 2016 m. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos
2015 m. metinės ataskaitos 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. 9 mėn. tarpinės ataskaitos 2014 m. 6 mėn. tarpinės ataskaitos 2014 m. 3 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos 2012 m. 6 mėn. tarpinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos
2011m. 6 mėn. tarpinės ataskaitos 2011 m. metinės ataskaitos
2010 m. metinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameAB „Lietuvos geležinkeliai“ įmonių grupė
  • Legal formPublic limited liability company (AB)
  • Company code110053842
  • SectorTransport and Communications
  • Line of businessRailways
  • Institution representing the StateMinistry of Transport and Communications
  • Special obligationsPerformes non-commercial special obligations
  • Share belonging to the State100%
  • Contacts http://www.litrail.lt
Return to the State

25.6 EUR milion

ROE

1.5%

Number of employees

5,617

Financial data provided as at end-December 2024

Management

  • L. e. p. Arūnas RumskasChief Executive Officer

The information is relevant

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Robertas VyšniauskasIndependent member

MEMBERS OF THE BOARD OF DIRECTORS

  • Tomas ZdanavičiusIndependent member
  • Michael FohrerIndependent member
  • Peter NielsenIndependent member
  • Aurimas Tomas StaškevičiusIndependent member
  • Agnė Amelija MikalonėMinistry of Transport and Communications
  • Saulius KerzaMinistry of Transport and Communications

Term of office expires: 2029/07/20

The information is relevant

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