AgriBank Securities Joint Stock Corporation (AGRISECO) explained the difference in profit after tax for the first six months of 2012 before and after audit as follows:
-
Profit
after tax before audit: VND48,008,244,657
-
Profit
after tax after audit: VND53,867,475,061
-
The
difference between profit after tax before being audited and the one after
being audited is VND5,859,230,404 because of adjustments as follows:
+
Increase
the provision for A2 Investment Fund: because the provision for securities went
up VND1,823,000,000.
+
Increase
the provision for shares of Song Hong Company: because the provision for shares
rose VND1,220,877,542.
+
Borrowing
expense estimation of Viet Thai Bank increased VND59,722,222.
+
Wage
fund increased VND2,301,641,564.
+
The
current corporate income tax decreased VND11,015,270,763.
+
Deferred
corporate income tax decreased VND249,200,969.
