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Wednesday, 30/05/2012 14:06

NLC: Explanation for difference in financial statement Year 2011 before and after auditing

Naloi Hydropower JSC explained difference in financial statement 2011 before and after auditing by the State Auditor as follows:

No.

Items

Amount

Change

Rate

1

Increase of salary fund due to lack of payment and other expenses

69,316,057

2

Decrease of allowance for uncollectible accounts according to circular 228

86,003,190

3

Increase of profit

16,687,133

4

Increase of income tax payable

15,375,853

-1,311,280

0.01%

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