CAD: Explanation for some items in the quarter 4/2009 consolidated statements

Cadovimex Seafood Import - Export and Processing Joint Stock Company (CADOVIMEX – VIETNAM) has explained some items in the audited consolidated statements in quarter 4/2009 as follows:

* Profit before tax in quarter 4/2009 was VND2,336,079,623, accumulation profit in 2009 was VND7,554,635,314 and the profit in quarter 4/2009 decreased VND2,133,209,126 beside quarter 3/2009 equivalent to 47.73%.

* The quarter 4/2009 profit included -VND694,716,735 of profit before tax of the parent company and the accumulation profit was VND3,951,448,192 because the company deducted to VND28,028,540,753 of provision for bad receivables.

* The remains was of the Cadovimex II.

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