RHC: Explanation for difference in financial statement 2012 before and after auditing
(12/03/2013)
Ry Ninh II Hydroelectric JSC explained difference in financial statement 2012
before and after auditing as follows:
Difference:
Increase
in Cost of goods sold
|
VND554,437,206
|
Increase
in financial expenses
|
VND149,130,259
|
Increase
in financial income
|
VND100,641,073
|
Decrease
in General and administration expenses
|
VND140,762,668
|
Decrease
in profit
|
VND462,163,724
|
Reasons for the difference:
- Increase
in cost of goods sold due to further distribution of long-term prepaid
expenses of VND554,437,206
- Financial
income and expenses:
-
Supplement
interest from short-term loans, thus increasing financial income by
VND554,437,206
-
Supplement
interest payable, thus increasing financial expenses by VND149,130,259
- General
and administration expenses
-
Decrease
equipment expenses: VND70,436,363
Decrease insurance expenses: VND70,326,305HNX
|