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Saturday, 16/06/2012 10:27

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

Produce and Trading Metal JSC explained difference in financial statement 2011 before and after auditing as follows:

- Profit after tax 2011 before auditing: -VND20,811,763,783

- Profit after tax 2011 after auditing: –VND20,362,321,485

- Difference: VND449,442,298 (-2.16%)

Reasons:

+ Adjustment of depreciation time with transports and real estate

+ Decrease of interest expense prepaid for January, 2012

+ Increase of allowance for job loss.

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