|
MEC: Explanation for difference in financial statement Year 2011 before and after auditing Song Da Someco JSC explained difference in financial statement 2011 before and after auditing as follows: |
|
No. |
Items |
2011
(before auditing) |
2011
(after auditing) |
Difference |
Note |
|
1 |
Gross profit |
66,947,980 |
66,958,261 |
10,281 |
|
|
2 |
Other profit |
-830,471 |
-849,278 |
-18,807 |
|
|
3 |
Income tax payable |
1,515,209 |
1,535,912 |
20,703 |
|
|
4 |
Profit after tax |
10,116,529 |
10,087,299 |
-29,230 |
|
- Gross profit increased by VND10,281,000 because the company accounted revenue from selling materials to other income
- Other profit decreased by VND18,807,492 due to decrease of other income of VND10,281,000 and addition of fines due to late insurance payment VND8,526,492
- Income tax payable increased VND20,703,000 due to recalculation of deductible income tax payable
- Profit after tax decreased by VND29,230,000 due to adjustment of other amount. | HNX
