ABSTRACT OF MINUTES
OF THE 7th/17.3.2015 MEETING OF THE BOARD OF DIRECTORS 
 
Subject: Submission for approval of the Annual Financial Report for the fiscal year 2014.

The Board of Directors has approved HEDNO’s Annual Financial Report for the period between 01.01.2014 and 31.12.2014, concluded according to the International Financial Reporting Standards and includes:

1. The Executive Summary of the Board of Directors

2. The Financial Statements that include the following:

• Statement of Financial Position
• Statement of Income
• Statement of Comprehensive Income
• Statement of Changes in Equity
• Statement of Cash Flows

3. The Notes to the Financial Statements that constitute their indispensable part.

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Subject: Submission for approval of HEDNO’s Operating and Investment Budget for the year 2015.

The Board of Directors approved HEDNO’s Operating and Investment Budget for the year 2015.

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