PVC: Explanation for the difference in profit after tax of FS 2013 after audit (Holding Company)
On 12/03/2014, Drilling Mud Corporation
explained for the difference in profit after tax of FS 2013 after audit (Holding
Company) as follows:
The profit after tax of the FS after
audit increased by VND 226,813,334
Explanation:
- The Company reduced VND 819,063,391 in
the provision for long-term investment (Capital contributed to Subsidiary –
Southern Petroleum Chemicals JSC)
- Re-classify and adjust the interest
expense from financial expense into capitalization of Cai Mep Petroleum
Chemicals JSC, the amount is VND 67,758,529
- Increase the depreciation expense of
warehouse system at Dung Quat, the amount is VND 660,008,586 so there is a
corresponding decrease in profit. HNX
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