SDH: Explanation for difference in Review financial statement Year 2012 before and after auditing
On 15/08/2012, Song Da Infrastructure Construction JSC explained difference in Review financial statement 2012 before and after auditing as follows:
Profit after tax
Before auditing (VND)
After auditing (VND)
Difference (VND)
%
612,840,401
-16,374,620,492
Reasons:
- Allowance for bad debt reclaim: VND 12,430,548,681
- Allowance for Construction in progress: VND 4,502,114,922
- Payment for interests of bank and insurance: VND 259,077,424.
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