Monday, 07/04/2014 15:03

PVS: Explanation for auditor's opinion in retroactive adjustment in financial statement 2013


Petroleum Technical Services Corporation explained for auditor's opinion in retroactive adjustment in financial statement 2013 approved on 28 March 2014 as follows:

- Operating results: Adjusting the operating results to be in accordance with the fiscal year and reallocating the expenses (tools, instruments, materials etc.) to be appropriate for revenue, utilization time

- Increase in total assets and capital was due to the adjustments of operating results and adjustments for increase or decrease in asset, capital items in order for conformity.

HNX

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