TDW: Explanation for 2013 profit before & after auditing

Thu Duc Water Supply Joint Stock Company explained the difference in 2013 profit after before and after auditing:

By: dongs

Items	Before auditing	After auditing:	Different	Reason
Revenue and net revenue from selling and service supply	428,317,086,541	429,117,317,071	800,230,530	Addition revenue from water meter
Cost of goods sold	254,554,847,885	254,615,619,988	60,772,103	Transferring unfinished expenses of projects to cost of goods sold
Gross profit	173,590,025,916	174,329,484,343	739,458,427
Selling expense	121,786,263,458	122,494,524,159	708,260,701	Increased repair costs
General and administration expense	29,107,112,381	29,137,161,120	30,048,739	The firm made a provision for bad debts
Net profit	25,000,874,175	25,002,023,162	1,148,987
Profit before tax	27,124,173,887	27,125,322,874	1,148,987
Income tax	6,809,543,472	6,809,830,719	278,247
Profit after tax	21,455,162,919	21,456,082,108	919,189

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