Monday, 28/05/2012 14:51

DMC: Explanation for difference in financial statements in 2011 before and after auditing

Domesco Medical Import Export Joint Stock Corporation explained the difference in financial statements in 2011 before and after auditing as follows:

  • Profit after tax in 2011 before auditing was VND88,514,374,097
  • Profit after tax in 2011 after auditing was VND80,103,348,441
  • Decreased VND8,411,025,656 because the following reasons:
  • After auditing, the company needed to pay  for sold goods rose by VND7,627,146,978 (FROM vnd3,500,000,000 to VND11,127,146,978), financial expense increased because provision for long-term investment by VND985,358,012, business income tax charge decreased VND201,479,334.

 

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