The difference of profit after tax in Financial Statement 11 before and after auditing is VND407,845,349.
- Profit before tax after auditing decreased by VND500,000,000 due to adjustment of general and administration expense. Income tax payable decreased by: VND500,000,000 x 25% x 70% = 87,500,000. Therefore profit after tax decreased by VND412,500,000.
- Profit after tax decreased VND4,654,651 because:
+ Land clearance compensation: VND145,140,000 due to adjustment of Intangible fixed assets. Profit before tax increased by VND5,642,000. Income tax payable decreased: VND5,642,100 x 25% x 70% = VND407,845,349
