1. education
2. teaching and classroom resources
3. lesson plans

2
06
The organisation
08
Message from the Chairman
10
Introduction by the President
12
2014 in Overview
14
Communication
18
Networks activities
28
Finances
32
Members
Danish Chamber of Commerce is one of the
most active chambers in Lithuania. We are
proud of maintaining a valuable network,
which is created under the Danish identity.
Having more than 100 members that are
mostly operating between two countries,
Denmark and Lithuania, we feel powerful to
shape the policies, Lithuania’s economy and
development, as well as triggering international communication in Baltic —
Scandinavian region countries.
In addition to this, we feel even more confident in sharing knowledge and trusted information among our friends. From carefully
selecting the topics and speakers for our
monthly and annual events, to developing
communication strategy and implementing it
in our daily activities in order to bring value
to our members.
Finally, there is a synergy, that flows around
us during each network meeting, business
event or even having a beer later in the
evening. You never know, who knows someone who knows someone. It is always easier
to do business with the people you know.
That is why we are here.
3
THE BOARD
T H E CH A I R M AN
Niels Peter Pretzmann
Asgaard A/S



Kim Bartholdy
DSV Transport
Jan Hyttel
Joresco

Mindaugas
Ambrasas
Danskebank
 Laimonas
Markauskas
NJORD Law Firm

Torben Pedersen
 Vilmantas Ladyga
3P Logistics

Claus Baltsersn
Idavang
 Claus Vandsø
Vandsoe Consulting

substitute member
Darius Kvedaras
Baltic Engineers
4

substitute member
Virginijus
Ramanauskas
Wavin Baltic
MANAGEMENT TEAM
 Thomas Solupajev
- Ronlev
DCC President
 Dovile Bruziene
DCC Communication
 Milda Savickaite
DCC Projects Manager
 Emma Mkhitaryan
DCC Intern
5
serve the need of members. For this
reason, a deep and qualitative research of member’s interests and
needs will kick off during first half of
2015. When we have evaluated the
results of the survey, any needed finetuning of our strategy, will be implement during the second half of the
year.
DEAR
MEMBERS
FRST, I WOULD LIKE TO THANK FOR THE
TRUST YOU SHOWED TO ME AT LAST
AGM, ELECTING ME AS A CHAIRMAN. I
HAVE DONE MY BEST DURING THE YEAR
TO DESERVE THE TRUST AND I CAN INSURE ALL OF YOU THAT IT HAS BEEN A
VERY EXCITING AND CHALLENGING
YEAR AT THE SAME TIME.
To form the future, it is very important to
understand the past as well as to understand how to navigate in the present. DCC
was by origin brought to life as a Danish
club; supporting Danish “emigrants” living
in Lithuania, creating social networks, sharing experiences about living in a foreign
country. As time passed by, further needs
became obvious. It now also became important to establish direct contact and mutual respect with the Lithuanian society as
well as being a supportive institution in
direct business related issues.

The internal organization has been
strengthen, end 2014, by establishing
a dual Director structure, which lead
to appointing Milda as Director of
administration, releasing Thomas to
dedicate time and efforts to perform
direct network activities and acquisition of new members.

Since the last has been with many
changes and new initiatives flying,
2015 is to a high degree dedicated to
consolidation of our organization.
Obviously, resources has to math
ambitions.

In the board, We are aiming to build
on top of already achieved successes
as for example our various network
activities: Sustainable Construction,
Charity, HR club and own events like
the Business model innovation conference and the yearly Danske Bank
event in Copenhagen.

The high level of activities naturally
also ask for stronger organization and
during the year we started implementing a autonomic structure, appointing
chairmen’s of the different Networks
and on top, ongoing efforts to establish proper reporting systems from the
Networks and events.
During the last year our strategy and DNA
of DCC has been evolving and becoming
increasingly more and more clear, lately
manifested in the “Light house” strategy
presented at last year AGM.
During the last months, the original
amount of lighthouses has decreased to a
fewer, but instead much more clear and
shiny targets of DCC.
For the year to come its worth to highlight
a few of the most important targets, which
are either already on its way or in process
of planning.

6
The board of DCC is dedicated to
It’s difficult to learn old dogs new tricks, it
should be added that it’s also difficult to
“It’s difficult to learn old
dogs new tricks, it should
be added that it’s also
difficult to learn new
dogs old tricks.. “
learn new dogs old tricks.. The transformation of DCC should described by both
before mentioned sayings: The past presented by “old club dog” the present presented by the added business and commercial aspects.
As chairman of DCC, it’s my strong believe that we should build on our success
as a strong, visible and active institution in
Lithuania, with all respect to both old and
new dog’s needs. It is properly the most
sustainable way to create more value to
all our members.
Best regards,
Niels Peter Pretzmann,
Chairman of DCC
7
“On the other hand we should also secure, that our mission to be
the place for the Danes, Danish
companies and others related to
Denmark is kept in mind.”
8
report you can read more about the activities and achievements.
MESSAGE
FROM
THE PRESIDENT
2014 WAS A YEAR WHERE THE AMOUNT
OF MEMBERS WAS GROWING AND WE
PASSED MEMBER NUMBER 100. IT IS NOT
A TARGET IN ITSELF TO BE BIGGER, BUT
IT IS MORE FUN TO BE PART OF A
CHAMBER, WHERE NETWORKING WITH
NEW PEOPLE IS POSSIBLE.
On the other hand we should also secure,
that our mission to be the place for the
Danes, Danish companies and others related to Denmark is kept in mind.
The monthly member meetings have been
moved to the larger hall – but still inside of
Hotel Radisson BLU Astorija – and with a
number of different topics from more political about the situation in Ukraine to more
business related like HR issues, building
further on relations with our partner from
LPK, Invest Lithuania and Enterprise Lithuania. The meetings are social and focused
on networking, but the topics should always
be interesting.
We organized the yearly innovation conference, meeting with Minister of Finance,
Export conference, meeting in Riga with the
other Danish Chambers in Latvia and Estonia and our event together with Danske
Bank in Copenhagen.
Our networks have been active and in our
We put a lot of efforts into the establishment
of a Copenhagen Unit and start collecting
all the members and partners in Denmark
with interest in Lithuania – and had updates
on logistic issues, energy issues and more at
the meetings held in the Lithuanian Embassy
in Copenhagen.
We were active on Charity and arranged
SOS Children Village camp, activities in the
hospitals for kids with cancer. We also arranged the charity gala dinner in Kempinski
Hotel, where we collected more than
200.000 Litas for beds for Santariskes Hospital, kids cancer department and a further
donation also to Kaunas Hospital.
But the social dimension is as well important and we were part of the large Baltic/Nordic midsummer party, Oktober Fest,
Sct. Martins Evening, Christmas lunch,
Christmas Market, and Christmas tree sales
together with Nygaard Skovdfrift.
Realizing that we need to be stronger in
communicating for our members and between our members we have added to our
team Dovile Bruziene. She has as well been
working on a new web page together with
our member Posi Studio and Joresco Media
and working on a presentation for all our
members about the many ways the can
present themselves, good offers and news –
and how we can involve our members into
our activities. This will be felt much stronger
during 2015.
And finally member research has been started up to make us closer to an understanding of the member wishes – which makes it
possible to what we want to be – the organization for our members.
Best Regards,
Thomas Solupajev-Ronlev
President of DCC
9
2014 IN OVERVIEW
Members in Denmark
10
MEMBER STATISTICS
Members in Lithuania
COMPANIES
BY INDUSTRY
11
THE TEAM OF DANISH CHAMBER OF COMMERCE OVER THE LAST YEAR HAS
STRESSED THE IMPORTANCE OF DELIVERING IT’S MESSAGE, VALUES AND
KNOWLEDGE TO OUR MEMBERS.
From the very beginning, when DCC was
established as an organisation uniting Danes
in Lithuania, communication has been considered as the most important tool to spread
the world our ideas and activities. Still growing in size and concept, after 8 years we can
see that time for changes has come.
To begin with, in the end of 2014 together
with our members posi studio we were working on our new logo and identity design.
Our new logo presents the square—
chamber, symbol of clustering into one unit,
which is still open for new people, new ideas
and cooperation. Next step, taken to enhance our visual change was our new website. We realised, that the old one does not
fit with our needs, therefore with a help of
our old DCC member Joresco Media we
changed the “skin” of our website, which is
now modern, user-friendly and corresponds
to our vision.
Communication is also very important between our colleagues—Nordic Chambers. In
2014 the grounds and the basis for future
Nordic cooperation were laid and defined
and 2015 started with new plans, initiatives
12
and ideas on strong and profound collaboration on various levels. The chambers now
act as partners in different areas of activities,
making them all together more visible and
their common voice stronger. For 2015
Nordic Chambers together with strong partners Nordic Council of Ministers and Association of Socially Responsible Businesses in
Lithuania (LAVA) are planning to arrange a
small conference where best Nordic Chambers’ members practices in CSR field will be
shared.
Finally, adding new people to DCC team
made us even more effective in maintaining
our members interests, providing useful information and being easily reached whenever
needed.
We strongly believe, that the recent changes
will make us even more visible to Lithuania’s
and Danish business, possible partners in the
region, inspire us to move ahead with new
ideas and initiatives.
Sincerely,
DCC Team
13
CHARITY
DCC IS PASSIONATE ABOUT HELPING AND
INVOLVING OUR MEMBERS TO HELP CHILDREN IN NEED. WE ARE NOT ONLY SUPPORTING VARIOUS CHARITABLE ACTIVITIES
BUT ALSO ORGANIZE OUR OWN AND
ACT AS ORGANIZATION THAT UNITES
AND PROVIDES A CONSTANT DIALOG
BETWEEN VARIOUS CHARITY ORGANIZATIONS AND LITHUANIAN HOSPITALS.
DCC charity network is a group of DCC
members that are devoted and interested in
charitable activities. In constant meetings
members share ideas and plan future activities.
THE AIM OF DCC CHARITY ACTIVITIES IN
LITHUANIA IS TO FOCUS ON:
1. Orphaned and abandoned children of
whom SOS children villages take care;
2. Cancer sick children. DCC is organizing
concrete activities for cancer sick children and
their mothers in Kaunas and Vilnius University
Santariskes hospitals’ Children Cancer Departments. DCC is also contributing with
events dedicated to increase childhood cancer treatment in hospitals.
2014 EVENTS AND ACTIVITIES:
 Transportation of cancer sick children
and their parents to the yearly “Paguoda”
event.
 Easter eggs
 SOS village children summer camp. This
Beds arrived to Hospital in Santariskes
14
year DCC contributed to SOS Children
Village summer camp with financial donations and organized activities. The
camp focused further on the importance
for children to learn about food and food
preparation, as well as health, safety and
active lifestyle. Together with Force One
DCC Charity Fund organized and coordinated the program with SOS Children
Village.
 Balticsofa – supplied a sofa for the Chil-
dren’s Oncohematology Department of
Vilnius University Hospital Santariskiu
Klinikos for their new family department.
Sponsored by our member Tra-Con we
also supplied two coffee tables for the
same department.
tion to our charity events and activities that
happened in year 2014.
Special thanks to our biggest contributors to
Charity GALA Dinner—Dalia Ibelhauptaite
and Deivydas Praspaliauskas, without whom
this would not has happened. Their duo in
organizing and inspiring people was the biggest asset not only to DCC but as well as to
our little friends in the hospital.
 Vilnius marathon. On the 14th of September there were thousands of runners
in the heart of Vilnius. DCC also took
part in the marathon, but not as runners
this time. DCC with members and partners were successfully collecting money
for children sick with cancer.
 Charity GALA Dinner. On the 23rd of
October 2014, together with all the
guests and sponsors we managed to
collect 212 001 litas for the Children’s
Oncohematology Department of Vilnius University Hospital in Santariskes.
100% of the collected amount was used
exclusively for the purpose of the event.
Special hospital beds, side cabinets and
special mattresses were purchased which
will contribute a lot for the cancer sick
children's comfort.
 Christmas trees market, mostly supported
by Nygaard Skovdrift.
D.Ibelhauptaite and D.Praspaliauskas during Charity
GALA Dinner
2015 EVENTS AND ACTIVITIES
 Queen for the day
 Support for organization “Paguoda” bus
trip to their yearly event
 SOS Children Village summer camp
 BBQ party
 Bus trip for SOS Children Village
 “Easter eggs” in Kaunas and Vilnius hospitals
 CD film
 Santa Claus visit and Christmas rings
 Christmas gifts for Kaunas and Vilnius
DCC team would like to thank all DCC members and partners for their help and contribu-
Charity Network Chairman
Bjarne Kornbeck
decorations together with cancer sick
children in Kaunas and Vilnius hospitals.
hospitals
15
PROMOTION
TWO COUNTRIES NEED A CONSTANT
DIALOGUE TO MAKE BUSINESS HAPPEN.
DCC IS HERE TO ENHANCE A MUTUAL
PARTNERSHIP BETWEEN TO COUNTRIES
AND PROMOTE LITHUANIA IN DENMARK
AND VICE VERSA.
ACTIVITIES IN 2014
9 companies have joined the networks and during
2014 there were 5 meetings in both Vilnius and in
Copenhagen.
In addition to this was arranged

1 CONFERENCE with the Enterprise Lithuania with focus on opportunities for export of
construction services to Denmark.

The Copenhagen Event in and together
with Danske Bank with more than 100 PARTICIPANTS.

The Danish-Lithuanian promotion committee meeting that led to signing of a MoU
between Confederation of Danish Industry
and Lithuanian Industrial Confederation –
and that will lead to further DanishLithuanian export cooperation.
Between other major activities and work done in
2014 we established Copenhagen Unit with support from the Lithuanian Embassy in Copenhagen
and with Danguole Gaileviciute elected as chairwoman. We also had a number of Danish Business
Associations on visit, where DCC members were
involved.
16
PLAN 2015

6 to 8 meetings per year

Develop further the Copenhagen
Unit – for the members in Denmark
and adding resources to activities
in Denmark

Make conferences in Denmark

Copenhagen event as usual,
and maybe with more countries

One event outside Copenhagen

To participate and be active in the
Committee

Danish Business Associations: to
assist in the visits and arrange
them together with the Danish
Embassy

Make one conference about market possibilities in Denmark
Promotion
Network Chairman
Claus Vandsø
and Danguole Gaileviciute
17
SUSTAINABLE
CONSTRUCTION
DCC SUSTAINABLE CONSTRUCTION NETWORK WILL WORK WITH SUSTAINABLE ENERGY SOLUTIONS.
For all our members who are interested in Danish Sustainable Construction
we have a network which:

Main topics discussed during the
meetings were conference and
demonstration project.
Discuss how to promote
PLAN 2015
Make projects together
 6 to 8 meetings per year
Influence decisions
 Make one conference
Act as a united team – DCC
 Make one demonstration project
team
 Make a brochure – Danish Sustainable Construction
The purpose of the SCN is to give
DCC members a forum for discusSustainable Construction Network
sions and where we develop common
Chairman
activities to promote Danish SustainaClaus Vandsø
ble Construction.




The network gives the members a
platform to speak with “one voice”,
so it becomes easier to be in dialog
with authorities.
ACTIVITIES IN 2014
 23 companies have joined the
network and during 2014 there
were 5 meetings.
18
CURRENT SCN MEMBERS












AIF
Asgaard
Baltic Engineers
Baltic Modules
Claus Vandsø
Jesper Vest
COWI Lietuva
Danfoss
Danish Embassy
Danske Bank
DGE Baltic
Gintaras Gavenas











GrECo Lietuva
Grundfos
Martynas Skrupskelis
NJORD law firm
Northern Horizon Capital
Per Aarslef
PLH Arkitekter
Rockwool
Sven Randers
TES
Wavin Baltic
19
INNOVATION
BEING INNOVATIVE—IS SOMETHING THAT DANISH PEOPLE CAN DO BEST
IN THE WORLD. HAVING AN INNOVATION NETWORK IN DCC IS NOT ONLY ONE OF THE MOST CHALLENGING AND INTERESTING PROJECTS, BUT
STATING THE DANISH IDENTITY AS WELL
The innovations network has as always had its main focus on the innovation conference that in 2014 was
organized in Litexpo with these following partners:
 LPK (Lithuanian Industrial Confederation)
 DI (Confederation of Danish
Industry)
 Delfi
 The Danish Embassy in Lithuania
We are very thankful to our sponsor
members Deloitte, SAS and the Danish Embassy, who were the main
sponsors in our annual innovation
conference’14. As a key note speaker
we were proud to introduce Torben
Nielsen, CEO of Kopenhagen Fur. It
is also worth to mention, that we had
a number of other very good speakers: Jesper Glad, Innovation director
20
at GN Netcom; John Schønberg, CEO
of RetailWise; Aldas Kirvaitis, Investment
and Business developer; Martin B.
Justesen, Business Developer, CSE Lab
(Copenhagen Business School); Marius
Dundulis, Director of CAMI (the Center
of Analytics, Modeling and Innovations),
Euromonitor.
The event also included an innovation
competition and the winner was the
company Fobis, which presented the
platform of information storage and
analysis.
The second part of the year was dedicated to organizing the next conference
that will take place the 21st of May
2015. This year topic of the conference
is “Business Model Innovation”.
Moments from DCC Innovation Conference 2014.
THE ACTIVE MEMBERS IN THE NETWORK
ARE:
 Carl Langhorn, a-solutions
 Niels Peter Pretzmann, Asgaard
 Gintaras Gavenas, consultant
 Rasa Laukyte, Estravel Vilnius American
Express TSR
 Rokas Astrauskas, posi studio
 Sarunas Siugzda, Litcapital
 Torben Pedersen, Consultant
 Vytautas Kalinauskas, Invest Lithuania
 Vilma Jarasuniene, The Danish Embassy
 Mindaugas Ambrasas, Danske Bank
 Anders Fisker, Fisker & Partners
 Finn Pedersen, IPM
 Laimonas Markauskas, Njord Law Firm
 Saulius Bakas, Deloitte
Innovation Network Chairman,
Carl Langhorn
21
HR Club
HR CLUB – WE MEET TO SHARE. A GREATER NUMBER OF REPRESENTATIVES
OF DCC MEMBERS ARE CEOS OF COMPANIES AND JOINT DANISHLITHUANIAN BUSINESSES. THEY ALL REALIZE THAT HR IS UNDOUBTEDLY A
VERY IMPORTANT PART FOR EVERY COMPANY’S PRESENT AND FUTURE
BUSINESS. AND THEY OUGHT TO ENSURE HANDLING HR PRESENT AND
PERSPECTIVE ISSUES IN THE MOST PROPER AND CORRECT MANNER.
As business practitioners they surely
have got answerers to many HR matters and still a lot of questions not
answered yet. Therefore, in the beginning of 2015 a new network
named HR club was launched to give
the possibility to DCC members to
meet and share on HR topics.
HR Club aims at assisting its members:
 sharing good management
practices,
 increasing satisfaction level of
HR,
 overcoming challenges in HR
that could be faced,
Perhaps, the most important target
for HR club is to create a trustworthy,
confidential and truly club atmosphere for its members in order to
welcome opinion contribution and
secure experience appreciation.
We foresee discussing many interesting themes and topics regarding
company values and HR strategies,
recruitment, sustainable employment
and Time to say Farewell, so to
speak.
 helping creating the incentives
Presently frequency of the HR club
meetings is expected at the level of 5
to 6 times a calendar year.
Considering that HR club is just a
newly established network, which is
Every next meeting to be hosted by
one of the members of HR club. This
is essential part of networking and
promotive activities of HR club.
for employees to work in the desired
way.
22
being formatted by its active and
dedicated members, we should say
that the initial format has already
been laid down.
Primarily we seek sharing good and applicable practices of HR club members themselves. However guest speakers might be
invited on selected topics.
Another important feature of the club
meetings is flexible and not overcrowded
agenda, which allows speaking and contributing freely and developing open discussions with a touch of inspiring moderation present.
We believe that HR club meetings should
be the place to meet for company manag-
ers, HR experts and specialists, as this is
the network, which provides its members
with precious insights and useful live-tried
practices accompanied with interesting
and valuable discussions.
We welcome you to join us at HR club
meetings, too. Please, follow the announcements and become the active
member ASAP.
HR Club member
Nina Ronlev
23
SOCIAL NETWORKING
NETWORKING IS ONE OF THE MOST IMPORTANT THINGS IN TODAY’S
BUSINESS LIFE AS PEOPLE CREATE AND GROW BUSINESS AND MEETING
OTHER PEOPLE IS CRUCIAL.
We all like to meet old friends and
colleagues, new people and find new
connections. Sometimes it is good for
business we do, sometimes it is just
nice to chat in Danish or meet old
seen friend. Monthly member meetings
is just like that, where we all can come
and spend some time with other members and guests and to hear few interesting presentations.
2014 was third year since we started
member meetings and we see that it is
becoming tradition what was planned
from day one. We all know when and
where and we just need to come over
and enjoy it.
During 2014 we had 10 monthly
member meetings with different topics
from Exports and Innovation to Charity
with average attendance of 30-35
people at each event. We see that
member meetings are needed, therefore in year 2015 we will continue with
much more energy and inspiration.
The ones who already attended in first
24
monthly meetings in 2015 have noticed changes. We have moved to a
bigger hall creating the same cosy
atmosphere as it used to be. Enjoying
good company and tasty snacks at
Radisson BLU Royal Astorija hotel our
members have a great opportunity to
meet new people, share craziest ideas
and have a rest after work. And we
can promise - there will be much more
later on.
Our group is dedicated to select the
right speakers, interesting and useful
topics, as well as cheer and entertain
our guests.
I could say that each meeting is sort of
same, but same time is different.
Come, See and Enjoy.
Social Network Chairman,
Vilmantas Ladyga
25
2014 HAS BEEN A GROWTH YEAR IN MANY ASPECTS, BOTH IN RESPECT OF THE
ACTIVITIES UNDERTAKEN BY DCC, AS DESCRIBED ELSEWHERE IN THIS ANNUAL
REPORT, BUT ALSO IN RESPECT OF AN INCREASED NUMBER OF MEMBERS AND
THE FINANCIAL PERFORMANCE.
For the year 2014 we have generated a and our secretary. The remaining is spent
profit of Lt 5,821, which was significantly on accounting, office supplies, board and
committee meetings, representation and
better than in 2013, however, still not at similar expenses.
the level we had budgeted (Lt 24,700).
DCC is a member organization, and it’s
The main sources of income, and thereby main objective is to serve our members
main contributor to the annual profit, are with activities and offerings in a costefficient non-profitable way and still restill the membership fees, whereas other
taining a high quality in these services.
activities have been profitable (Lt 1,301).
Total membership fees increased by 20%, We have a little bit of catch up to do to
recover prior year losses (Lt 11,000), for
from Lt 146,500 to Lt 175,400, which is
which reason we still plan to make a profit
entirely attributable to more members, in the future.
since the annual membership fee was the
As mentioned elsewhere in this Annual
same as in 2013.
Report, DCC has been very active on
On the expense side we incurred expenses Charity activities during 2014, and you
of some Lt 170,000 during 2014, an may have noticed some big numbers
increase of 6% compared to 2013, but mentioned in connection with a fundright on budget. Of the expenses, approx- raising Gala-Dinner for Kids with Cancer.
imately Lt 128,000, or 75% of total ex- Where are these numbers in DCC’s finanpenses, is compensation to our director cial statements? Well…they are not, and
still they are.
Key Financial Data
Budget
2015 (EUR)
2014
(EUR)
2014
(LTL)
Table 1
2013
(LTL)
Membership fees
58,190
50,800
175,400
146,500
Admin expenses
58,752*
49,490
170,881
160,663
Meetings, conferences,
seminars, consultancy, net
gain (loss)
3,186**
377
1,301
7,772
2,623
1,687
5,821
(6,391)
Net profit/(loss)
*From 2015 in the budget we are relating membership fees with member events, meetings,
activities, and admin expenses (non-chargeable events)
**Result only from chargeable events and seminars for members and non-members
26
Table 2
Member
Statistics
Sponsor
Corporate
Associate
Private
Total
No.
LTL
No.
LTL
No.
LTL
No.
LTL
No.
LTL
8
47,000
59
93,800
-
-
14
5,700
81
146,500
Lost members
(1)
(6,000)
(6)
(9,500)
-
-
(3)
(900)
(10)
(16,400)
New
members
1
(6,000)
23
26,200
-
-
7
2,800
31
35,000
Convertions
2
12,000
(2)
(3,100)
-
-
-
-
-
8,900
Price increase
-
1,000
-
400
-
-
-
-
-
1,400
2014.12.31
10
60,000
74
107,800
-
-
18
7,600
102
175,400
2015.12.31
(budget) (EUR)
9
15,660
82
38,500
4
1,870
18
2,160
113
58,190
2013.12.31
Fund’s contributed to DCC’s charity fund, are
clearly earmarked and dedicated to charity
activities, and we are very careful not to mix
these activities with DCC’s other activities,
money-wise as well as accounting-wise. That
doesn’t mean that the charity activities are not
accounted for, rather the contrary, they are
fully accounted for. However, the activities are
not accounted for, or included in DCC’s income statement as included in this Annual
Report. They are accounted for through an
equity account, and to illustrate the dynamics
of the activities, funds of more than 230,000 Lt
were raised, and almost Lt 240,000 was spent
on charity activities during 2014.
The bad news are that the charity fund is empty
at the end of 2014, however, the good news
are that we are confident also to raise the necessary funds to carry out our planned charity
activities in 2015, although not at the same
high level as in 2014, that money-wise was
clearly dominated by the fund raising GalaDinner.
On the member front, the situation has been
very positive during 2014. As is the case every
year, some members did leave DCC during
2014 – 10 in total or 12% of the total number
of members at the beginning of 2014. The
good news are that we have also gained a
significant number of new members (31) corresponding to an impressive 31% of the total
number of members at the beginning of the
year. We prefer to believe that this is a result of
our visibility and reputation in the market
place, together with a dedicated focus by our
President to promote DCC among potential
members.
The table 2 illustrates the member movements
and related member fee consequences.
As shown in the table 2, we are also expecting
to increase the number of members in 2015.
As to the annual membership fees we plan in
principle to keep them unchanged, however,
we have made some minor rounding-up’s in
connection with the conversion to Euro (table
3).
In conclusion, the Board would like to express
its gratitude for the members’ support in 2014,
and their continued support in 2015 and onwards.
Table 3
27
FINANCIAL STATEMENTS
BALANCE SHEET
2014
(EUR)
2014
(LTL)
2013
(LTL)
Debtors
1,818
6,275
4,850
Cash in bank
6,174
21,319
11,113
7,992
27,594
10.303
7,992
27,594
15,963
(3,248)
(11,214)
1,743
DCC
(4,887)
(16,874)
(10,483)
Charity fund
1,639
5,660
12,226
47
161
(12,957)
DCC
1,686
5,821
(6,391)
Charity fund
(1,639)
(5,660)
(6,566)
Total equity, ending
(3,201)
(11,053)
(11,214)
DCC
(3,201)
(11,053)
(16,874)
Charity fund
0
0
5,660
Creditors
8,699
30,035
-
Advance payments received
463
1,600
25.200
Personel related accruals
2,031
7,012
1,977
Other payables
-
ASSETS
Current Assets
Total current assets
TOTAL ASSETS
EQUITY AND LIABILITIES
Total equity, beginning
Profit/(loss) for the year
Current liabilities
Total current liabilities
TOTAL EQUITY AND LIABILITIES
28
-
11,193
38,647
27,177
7,992
27,594
10,303
INCOME STATEMENT
Budget
2015
(EUR)
2014
(EUR)
2014
(LTL)
2013
(LTL)
58,190
50,800
175,400
146,500
7,530
24,211
83,596
86,101
(4,344)
(23,834)
(82,295)
(78,329)
61,376
51,177
176,702
154,272
Management and office rent
17,400
21,238
73,332
72,600
Personel related expenses
27,078
15,869
54,792
55,928
Marketing
1,850
3,644
12,582
2,300
Representation
1,500
62
214
6,817
Travel
1,200
1,475
5,094
2,385
Accounting and legal services
2,682
3,314
11,443
7,932
Office supplies
800
1,275
4,401
5,396
Mobile phone
250
310
1,072
807
Bank charges
300
379
1,309
945
Other expenses
5,692*
1,924
6,642
5,553
58,752
49,490
170,881
160,663
2,623
1,687
5,821
(6,391)
INCOME
Member fees
Event income
Event expenses
Total income
OPERATING EXPENSES*
Total operating expenses
PROFIT/(LOSS) FOR THE YEAR
29
SPONSPORS
CORPORATES
30
31
PRIVATE

Aistė Augustaitytė

Ove Hänel

Bo Foged Sorensen

Pastor Jim Wagner

Carl Langhorn

Per E. Hansen

Claus Vandsø

Sven Randers

Danguolė Gailevičiūtė

Søren Rasmussen

Frank Andersen

Thomas Fredrik Bergmann

Gintaras Gavėnas

Torben Pedersen

Jesper Vest

Vytas Kalinauskas

Henrik Poulsen

Kristian Kaas Mortensen
PARTNERS
NEW MEMBERS IN 2015
D.S.C. TRADING
CORPORATE LTD. A/S
ASSOCIATED
PRIVATE 
32
Martynas Skrupskelis
 Steen Trondhjem Nielsen
33
Danish Chamber of Commerce in Lithuania
Jogailos str. 4 (NJORD Law Firm)
LT-01116 Vilnius
Lithuania
You are always welcome to contact us on:
Mobile: +370 656 87986
[email protected]
[email protected]
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