PGS: Explanation for the difference between FS in brief QIV/2008 and AFS 2008

Petrovietnam Southern Gas JSC explained the difference between financial statement in brief QIV/2008 and audited financial statement 2008 as follows:

-  Financial expenses: In financial statement QIV/2008, company counted the interest expenses to construction with value of VND 2,257,734,514. But according to circular 161/2007/TT-BTC, interest expenses will be (=) real interest  expenses minor (-) income arising from temporary investment of those loans. Interest expenses are about VND 9 billion, smaller than income from investment activity of the loan (about VND 25 billion). So, VND 2,257,734,514 was adjusted to increase financial expenses

-  Profit before tax: adjusted due to adjustment in financial expenses

-  Income tax payable: Count again after adjusting financial expenses and profit before tax

-  Profit after tax: adjusted by adjustment above

-  Earning per share: adjusted by adjustment above

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