POT: Explanation for the difference between FS in brief Q-IV/2008 and FS 2008

Post and Telecommunication Equipment JSC explained the difference between financial statement in brief Q-IV/2008 and financial statement 2008 as follows:

- Financial statement QIV/2008 is the financial statement of the holding company which has not been audited.

- Financial statement 2008 is adjusted financial statement after being audited

- Financial statement 2008 includes separate financial statement of the holding company and consolidated financial statement with the subsidiary (POSTEF- PDE Company Ltd)

- At the end of 2008, Post and Telecommunication Equipment JSC bought 49% of DongAh which is partner of POSTEF- PDE Company Ltd. So, in audited financial statement 2008, a consolidated financial statement was made excluding internal revenue and liabilities. So, there are differences in Assets, Debt and operating result.

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