Thursday, 06/03/2014 16:11

D2D: Explanation for data in 4Q2013 consolidated financial statements

Industrial Urban Development Joint Stock Company No. 02 explained data in 4Q2013 consolidated financial statements as follows:

On July, 2013, D2D increased capital contribution in Nhon Trach 2 Reinforced Concrete Corporation from 30% to 63.16% so that it will become into a subsidiary of D2D instead of anassociate company. Therefore, opening balance on consolidated cash flow statement ofNhon Trach 2 Reinforced Concrete Corporation was added to opening balance on consolidated cash flow statement of D2D with the value of VND314,914,809.

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