This proposal includes three main parts: the Consolidated Financial Information Report, the Consolidated Operating Results Report according to the Convention, and the Explanation of the Consolidated Financial Information Report according to the Convention. Each part provides detailed information on important financial indicators such as revenue, profit, tax, and necessary adjustments to comply with accounting regulations. Particularly, the explanation section requires enterprises to clearly present information about the company's structure, restructuring transactions, original data sources for adjustments, and specific explanations for each adjustment according to the Convention.
Scope of application
This proposal applies to enterprises in preparing consolidated financial information reports according to the Convention, particularly listed companies that need to comply with requirements for disclosing financial information.
Key points
- The Consolidated Financial Information Report includes details on the company's structure and a list of related units.
- The Consolidated Operating Results Report according to the Convention provides data on revenue, pre-tax profit, and post-tax profit.
- The Explanation of the Consolidated Financial Information Report according to the Convention requires a clear presentation of adjustments according to the Convention and an explanation for each adjustment.
- Proof of actual evidence for adjustments according to the Convention is required to ensure the reliability of the financial report.
- Encourage enterprises to provide additional information on post-transaction plans, operational efficiency indices, and the impact of asset depreciation time.
🌐 Social impact of this document
- Improve the quality of disclosed financial information.
- Enhance transparency in corporate governance.
- Facilitate investors and other stakeholders in analyzing the business situation of enterprises more easily.
❓ Frequently asked questions
Which financial indicators should be presented in the Consolidated Operating Results Report according to the Convention?
This report includes indicators such as sales and service revenue, gross profit, financial expenses, interest expense, management expenses, post-tax profit, and return on equity (ROE).
How to prove the authenticity of adjustments according to the Convention?
Actual evidence may include purchase and sale agreements, financial documents related to events or transactions, independent valuation reports, and actions consistent with laws and regulations.
Why is it necessary to explain post-transaction plans?
This explanation helps stakeholders better understand the impact of transactions on future business operations, including employee layoffs and closure of business facilities.
Full text
|
MINISTRY OF FINANCE
Number: 10/2022/TT-BTC |
SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness
Hanoi, February 14, 2022 |
CIRCULAR
Regulations on Consolidated Financial Information Report under Assumptions
‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾
Pursuant to the Securities Law No. 54/2019/QH14 dated November 26, 2019;
Pursuant to the Decree No. 155/2020/NĐ-CP dated December 31, 2020 of the Government detailing implementation of certain provisions of the Securities Law;
Pursuant to the Decree No. 87/2017/NĐ-CP dated July 26, 2017 of the Government stipulating functions, tasks, powers, and organizational structure of the Ministry of Finance;
At the proposal of the Director of the Accounting, Auditing Supervision Department and the Chairman of the State Securities Commission;
The Minister of Finance issues this Circular guiding the Consolidated Financial Information Report under Assumptions.
PART I
GENERAL PROVISIONS
Article 1. Scope of Regulation
This Circular stipulates the forms, principles, methods for preparing the Consolidated Financial Information Report under Assumptions and the method for calculating the average equity capital index in the formula for calculating the post-tax profit margin on equity capital (ROE) for entities and purposes as prescribed in the Decree No. 155/2020/NĐ-CP dated December 31, 2020 of the Government detailing implementation of certain provisions of the Securities Law (hereinafter referred to as "Decree No. 155/2020/NĐ-CP").
Article 2. Applicability
The objects subject to this Circular include:
1. Enterprises must prepare the Consolidated Financial Information Report under Assumptions according to the cases prescribed in Articles 31, 35, 113, 114, 115, and 116 of the Decree No. 155/2020/NĐ-CP.
Other organizations and individuals related to the preparation of the Consolidated Financial Information Report under Assumptions shall comply with the relevant laws.
2. Enterprises not falling within Clause 1 of Article 1 of this Circular may apply and fully implement the provisions of this Circular to prepare the Consolidated Financial Information Report under Assumptions if necessary.
Chapter II
SPECIFIC PROVISIONS
Article 3. Contents and Forms of the Consolidated Financial Information Report under Assumptions
1. The Consolidated Financial Information Report under Assumptions includes:
- Consolidated Financial Position Report under Assumptions;
- Consolidated Operating Results Report under Assumptions;
- Explanations of the Consolidated Financial Information Report under Assumptions;
2. The form of the Consolidated Financial Information Report under Assumptions is specified in Appendix No. 01 attached hereto.
Article 4. Reporting Period
The reporting period for the Consolidated Financial Information Report under Assumptions is prescribed in Articles 31, 35, 113, 114, 115, and 116 of the Decree No. 155/2020/NĐ-CP.
Article 5. Principles for Preparing the Consolidated Financial Information Report under Assumptions
1. General principles:
a) Preparing consolidated financial information under assumptions involves enterprises collecting, classifying, summarizing, and presenting financial information to illustrate the impact of significant events or transactions on unadjusted financial information of the enterprise if such events had occurred or transactions had been completed at a chosen point in time. This process includes the following steps:
- Identifying sources of unadjusted financial information to be used for preparing consolidated financial information under assumptions;
- Recording adjustments under assumptions into unadjusted financial information for the purpose of presenting consolidated financial information under assumptions. Adjustments under assumptions include:
+ Adjustments to unadjusted financial information to illustrate the impact of significant events or transactions if such events had occurred or transactions had been completed on a day prior to the chosen date for illustration purposes;
+ Adjustments to unadjusted financial information that are necessary for preparing consolidated financial information under assumptions consistently with the framework for preparing and presenting financial statements applied by the reporting entity and consistent with appropriate accounting policies within that framework.
- Presenting the results of consolidated financial information under assumptions and accompanying explanations.
b) Sources of unadjusted information for preparing the Consolidated Financial Position Report under Assumptions and the Consolidated Operating Results Report under Assumptions are stipulated in Article 6 of this Circular as the Financial Position Report (Balance Sheet) and the Operating Results Report (Income Statement) for the reporting period of the Consolidated Financial Information Report under Assumptions. For enterprises that are parent companies required to prepare consolidated financial statements, the unadjusted information used for preparing the Consolidated Financial Position Report under Assumptions and the Consolidated Operating Results Report under Assumptions is the Consolidated Financial Position Report (Consolidated Balance Sheet) and the Consolidated Operating Results Report (Consolidated Income Statement).
c) The Consolidated Financial Information Report under Assumptions is prepared based on the assumption that restructuring activities and spin-offs have been completed during the reporting period of the Consolidated Financial Information Report under Assumptions. Specific principles for preparation are prescribed in Clauses 2 and 3 of this Article.
d) Techniques used to consolidate financial information under assumptions are implemented in accordance with current accounting regulations and Vietnamese Accounting Standards. Enterprises shall not apply temporary accounting provisions under Vietnamese Accounting Standard No. 11 - Business Combinations.
đ) The Consolidated Financial Information Report under Assumptions must make adjustments under assumptions for the impact of additional financing transactions (debt or equity) to complete restructuring transactions, typically including adjustments for additional financing and related costs, such as loan principal and interest expenses.
e) When agreements regarding restructuring transactions allow fee adjustments contingent upon future events, enterprises must explain in the Consolidated Financial Information Report under Assumptions the terms of the agreement related to fee adjustments and the potential impact of these adjustments on future income.
g) Adjustments under assumptions in the Consolidated Financial Information Report under Assumptions must be recorded consistently with the framework for preparing financial statements and accounting policies applied to these events or transactions in the financial statements of the enterprise formed after restructuring and spin-offs, except where otherwise provided in this Circular.
h) The consolidated financial information report shall only record the relevant provisions for events with the following characteristics simultaneously:
- Directly related to restructuring and company spin-off activities;
- Occurred up to the time when the consolidated financial information report must be prepared; and
- Proven by actual evidence.
i) Events directly arising from restructuring and company spin-off activities that will not recur in subsequent periods shall not be reflected in the consolidated income statement but only in the consolidated financial position report.
The enterprise must clearly state that these events are not reflected in the consolidated income statement and explain the revenues, expenses, and tax impacts associated with them.
k) The consolidated financial information report shall not reflect predictive, speculative information, or information about non-occurred events, such as information about potential or expected impacts related to transactions that the Board of Directors expects to implement due to the impact of restructuring and company spin-off activities.
1) The consolidated financial position report and the consolidated income statement must separately present data before making adjustments according to the provisions, adjustments according to the provisions for each restructuring and company spin-off activity, and consolidated financial information. The enterprise must provide detailed explanations for each adjustment according to the provisions in the notes to the consolidated financial information report.
m) In cases where the enterprise has multiple restructuring and company spin-off activities and needs to prepare a consolidated financial information report, the enterprise must separately present the adjustment according to the provisions for each transaction on the consolidated financial position report and the consolidated income statement.
n) Tax impact:
- The tax impact must be calculated based on the applicable tax rate under the tax laws during the period of preparing the consolidated income statement.
- In cases where at the time of recognizing deferred income tax assets, deferred income tax liabilities, the enterprise already knows there will be changes in the corporate income tax rate in the future, if the deferred income tax assets, deferred income tax liabilities will be reversed when the new tax rate becomes effective, then the enterprise shall apply the new tax rate to recognize deferred income tax assets, deferred income tax liabilities in the consolidated financial information report.
2. Principles for preparing the consolidated financial position report
Adjustments according to the provisions are calculated on the assumption that restructuring and company spin-off transactions have been completed on the last day of the period for preparing the consolidated financial position report.
3. Principles for preparing the consolidated income statement
a) Adjustments according to the provisions must be calculated on the assumption that restructuring and company spin-off activities have been completed on the first day of the period for preparing the consolidated income statement.
b) The enterprise may not exclude from the consolidated financial information report items that are not recurring or will not occur again in subsequent periods, which are not directly related to restructuring and company spin-off activities recorded in the income statements of the restructuring enterprises and the spun-off enterprises.
Article 6. Method for preparing consolidated financial information reports according to the agreement
1. In the case of business consolidation:
a) In the case where the consolidating businesses do not have subsidiary companies:
- The consolidated financial situation report according to the agreement is prepared based on the combined financial situation reports of the consolidating businesses at the end date of the period for preparing the consolidated financial situation report according to the agreement.
- The consolidated operating results report according to the agreement is prepared based on the combined operating results reports of the consolidating businesses for the period coinciding with the period for preparing the consolidated operating results report according to the agreement.
- The business must eliminate all receivables, financial investments, and other balances, revenues, expenses, profits, and losses arising from transactions between the parties involved in the consolidation.
b) In the case where one or more of the consolidating businesses have subsidiary companies and the post-consolidation business must prepare consolidated financial statements:
- For the case where the purchase transaction is determined to be the acquisition of a business operation:
+ For the case where the consolidating businesses were under common control before consolidation:
The consolidated financial situation report according to the agreement and the consolidated operating results report according to the agreement are prepared according to the provisions for the case where the consolidating businesses do not have subsidiary companies as stipulated in point a, Clause 1 of this Article.
+ For the case where the consolidating businesses were not under common control before consolidation:
. The business must determine the buyer according to the provisions of Accounting Standard No. 11 - Business Combination of Vietnam.
. The buyer shall record the purchased assets, liabilities payable, and contingent liabilities, including those assets, liabilities payable, and contingent liabilities that the seller had not recorded previously, in accordance with Circular No. 202/2014/TT-BTC guiding the method of preparing and presenting consolidated financial statements, Accounting Standard No. 11 - Business Combination of Vietnam, and related accounting standards.
. The consolidated financial situation report according to the agreement is prepared based on the financial situation report of the buyer at the end date of the period for preparing the consolidated financial information report according to the agreement and the financial situation report of the seller determined at the completion date of the consolidation transaction. The buyer records identifiable assets, liabilities payable, and contingent liabilities of the seller into the consolidated financial situation report according to the agreement of the buyer at fair value and records the corresponding goodwill at the end date of the period for preparing the consolidated financial information report according to the agreement.
. The consolidated operating results report according to the agreement is prepared based on the operating results report of the buyer and the seller for the period coinciding with the period for preparing the consolidated financial information report according to the agreement. The business makes adjustments according to the agreement reflecting the direct impact of the business combination transaction, including adjustments to net assets at fair value, allocation of goodwill, and other appropriate adjustments assuming that the business combination occurred on the first day of the reporting period.
. The business must eliminate all receivables, financial investments, and other balances, revenues, expenses, profits, and losses arising from transactions between the parties involved in the consolidation.
- For the case where the business purchases a group of assets or net assets but does not constitute a business operation:
+ The consolidated financial situation report according to the agreement is prepared based on the financial situation report of the buyer at the end date of the period for preparing the consolidated financial information report according to the agreement. The buyer allocates the purchase price of the asset group to each identifiable asset and liability payable within the purchased asset group based on the fair value of the seller at the completion date of the purchase transaction to record in the consolidated financial situation report according to the agreement.
+ The consolidated operating results report according to the agreement is prepared based on the combined operating results report of the buyer and the seller for the period coinciding with the period for preparing the consolidated operating results report according to the agreement. When preparing the consolidated operating results report according to the agreement, the business makes adjustments according to the agreement reflecting the change in depreciation expense of the asset due to the allocation of the purchase price as mentioned above, assuming that the business combination occurred on the first day of this reporting period.
+ The business must eliminate all receivables, financial investments, and other balances, revenues, expenses, profits, and losses arising from transactions between the parties involved in the consolidation.
2. In the case of business absorption:
a) For the case where the absorbing business and the absorbed businesses do not have subsidiary companies:
- The consolidated financial situation report according to the agreement is prepared based on the combined financial situation reports of the absorbing business and the absorbed businesses at the end date of the period for preparing the consolidated financial situation report according to the agreement.
- The consolidated operating results report according to the agreement is prepared based on the combined operating results reports of the absorbing business and the absorbed businesses for the period coinciding with the period for preparing the consolidated operating results report according to the agreement.
- The business must eliminate all receivables, financial investments, and other balances, revenues, expenses, profits, and losses arising from transactions between the parties involved in the absorption.
b) For the case where the absorbing business or the absorbed business has subsidiary companies and the absorbing business must prepare consolidated financial statements after absorption:
- For the case where the absorption transaction is determined to be the acquisition of a business operation:
The consolidated financial situation report according to the agreement and the consolidated operating results report according to the agreement are prepared similarly to the case where the consolidating businesses do not have subsidiary companies and the purchase transaction is determined to be the acquisition of a business operation as stipulated in point b, Clause 1 of this Article.
- For the case where the business purchases a group of assets or net assets but does not constitute a business operation:
The consolidated financial position report according to the convention and the consolidated operating results report according to the convention shall be prepared similarly to the case of a consolidated enterprise without subsidiaries or an enterprise purchasing a group of assets or pure assets that do not constitute a business activity as stipulated at point b, Clause 1, Article this.
3. In the case of acquiring an enterprise (including the case of purchasing assets satisfying the definition of acquiring an enterprise under the Competition Law):
- The consolidated financial position report according to the convention and the consolidated operating information report on business results according to the convention shall be prepared similarly to the case of consolidating an enterprise as guided at point b, Clause 1, Article this.
- If additional financing transactions occur to complete the acquisition transaction, the enterprise must adjust the convention to reflect the impact of these transactions, such as loan principal and interest costs to finance the restructuring transaction.
4. In the case of splitting an enterprise:
a) Where the separated asset portion does not exist on the reporting date for preparing the consolidated financial information report according to the convention, the enterprise does not need to prepare the consolidated financial information report according to the convention but may use the financial statements for the period corresponding to the required preparation period of the consolidated financial information report according to the convention.
b) Where the separated asset portion exists or is being formed on the reporting date for preparing the consolidated financial information report according to the convention:
- The consolidated financial position report according to the convention shall be prepared based on the financial position report of the enterprise being split minus the book value of the separated asset portion at the reporting date for preparing the consolidated financial information report according to the convention.
- The consolidated operating results report according to the convention shall be prepared based on the operating results report of the enterprise being split minus the business results of the separated asset portion for the period corresponding to the required preparation period of the consolidated financial information report according to the convention.
- The enterprise must establish and monitor detailed information in the management accounting system to serve the determination of the book value of the separated assets at the reporting date for preparing the consolidated financial information report according to the convention and the business results of the separated portion for the period corresponding to the required preparation period of the consolidated financial information report according to the convention.
5. In the case of selling assets:
a) Where the sold assets do not exist on the reporting date for preparing the consolidated financial information report according to the convention, the enterprise does not need to prepare the consolidated financial information report according to the convention but may use the financial statements for the period corresponding to the required preparation period of the consolidated financial information report according to the convention.
b) Where the sold assets exist or are being formed on the reporting date for preparing the consolidated financial information report according to the convention:
- The consolidated financial position report according to the convention and the consolidated operating results report according to the convention shall be prepared similarly to the case of splitting an enterprise where the separated asset portion exists on the reporting date for preparing the consolidated financial information report according to the convention as stipulated at point b, Clause 4, Article this.
- Adjustments according to the convention shall reflect the impact of actual proceeds received on the completion date of the sale transaction on the consolidated financial position report according to the convention, and shall not reflect revenue, expenses, and related tax impacts on the consolidated operating results report.
Article 7. Other Content Guidance
The average equity capital expenditure in the formula for calculating the post-tax profit margin on equity capital (ROE) is based on the consolidated financial information report and is determined as follows:
1. The beginning period equity capital is the equity capital determined based on the financial situation report of the year immediately preceding the year for which the ROE needs to be calculated.
2. The ending period equity capital is the equity capital determined by using the beginning period equity capital referred to in Clause 1 of this Article, plus the post-tax profit from business operations on the consolidated results report according to the regulations of the year for which the ROE needs to be calculated, and adjusted for transactions that have occurred and directly affected the equity capital during the year for which the ROE needs to be calculated, including but not limited to transactions such as: paying dividends in cash, increasing the holding interest ratio in subsidiaries, reducing the holding interest ratio in non-controlling subsidiaries.
Chapter III
IMPLEMENTATION
Article 8. Effective Date
This Circular takes effect from April 1, 2022.
Article 9. Implementation Organization
1. The Director of the Accounting and Auditing Supervision Department, the Chairman of the State Securities Commission, and related organizations and individuals are responsible for implementing this Circular.
2. In the course of implementation, if there are difficulties or obstacles, please reflect them to the Ministry of Finance for research and resolution./.
|
Place of Receipt: - Prime Minister, Deputy Prime Ministers; |
DEPUTY MINISTER DEPUTY MINISTER (Signed) Ta Anh Tuan |
Appendix 01
MODEL CONSOLIDATED FINANCIAL INFORMATION REPORT
(Annexed to Circular No. 10/2022/TT-BTC dated February 14, 2022
of the Minister of Finance)
1. Consolidated Financial Situation Report
Reporting entity:...
Address:…
Model BTH 01 - Enterprise
(Annexed to Circular No. 10/2022/TT-BTC dated February 14, 2022 issued by the Minister of Finance)
CONSOLIDATED FINANCIAL SITUATION REPORT
As of ..., ..., ...
Unit of measurement:...
| ASSETS | Code Number | Unadjusted financial situation information | Transaction B | Transaction C | ... | Adjusted financial situation information | ||||
| Data before making adjustments according to the regulations for transaction B | Adjustment according to regulation 1 | Adjustment according to regulation 2,... | Data before making adjustments according to the regulations for transaction C | Adjustment according to regulation 1 | Adjustment according to regulation 2,... | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| A - SHORT-TERM ASSETS | 100 | |||||||||
| I. Cash and Cash Equivalents | 110 | |||||||||
| 1. Cash | 111 | |||||||||
| 2. Cash Equivalents | 112 | |||||||||
| II. Short-Term Financial Investments | 120 | |||||||||
| 1. Trading Securities | 121 | |||||||||
| 2. Allowance for Decrease in Value of Trading Securities (*) | 122 | (...) | (...) | |||||||
| 3. Held-to-Maturity Investments | 123 | |||||||||
| III. Short-Term Receivables | 130 | |||||||||
| 1. Short-Term Customer Receivables | 131 | |||||||||
| 2. Short-Term Prepayments to Suppliers | 132 | |||||||||
| 3. Short-Term Internal Receivables | 133 | |||||||||
| 4. Short-Term Receivables under Construction Contract Progress Billing | 134 | |||||||||
| 5. Short-Term Loan Receivables | 135 | |||||||||
| 6. Other Short-Term Receivables | 136 | |||||||||
| 7. Allowance for Difficult-to-Collect Short-Term Receivables (*) | 137 | |||||||||
| 8. Assets Pending Disposal | 139 | |||||||||
| IV. Inventory | 140 | |||||||||
| 1. Inventory | 141 | |||||||||
| 2. Allowance for Decrease in Value of Inventory (*) | 149 | (...) | (...) | |||||||
| V. Other Short-Term Assets | 150 | |||||||||
| 1. Short-Term Prepaid Expenses | 151 | |||||||||
| 2. VAT Refundable | 152 | |||||||||
| 3. Taxes and Other Receivables from the Government | 153 | |||||||||
| 4. Resale of Government Bonds | 154 | |||||||||
| 5. Other Short-Term Assets | 155 | |||||||||
| B - LONG-TERM ASSETS | 200 | |||||||||
| I. Long-Term Receivables | 210 | |||||||||
| 1. Long-Term Customer Receivables | 211 | |||||||||
| 2. Long-Term Prepayments to Suppliers | 212 | |||||||||
| 3. Operating Capital at Subsidiaries | 213 | |||||||||
| 4. Long-Term Internal Receivables | 214 | |||||||||
| 5. Long-Term Loan Receivables | 215 | |||||||||
| 6. Other Long-Term Receivables | 216 | |||||||||
| 7. Allowance for Difficult-to-Collect Long-Term Receivables (*) | 219 | (...) | (...) | |||||||
| II. Fixed Assets | 220 | |||||||||
| 1. Tangible Fixed Assets | 221 | |||||||||
| - Original Cost | 222 | |||||||||
| - Accumulated Depreciation | 223 | (...) | (...) | |||||||
| 2. Finance Leased Fixed Assets | 224 | |||||||||
| - Original Cost | 225 | |||||||||
| - Accumulated depreciation value (*) | 226 | (...) | (...) | |||||||
| 3. Intangible Fixed Assets | 227 | |||||||||
| - Original Cost | 228 | |||||||||
| - Accumulated depreciation value (*) | 229 | (...) | (...) | |||||||
| III. Real Estate a) For PPP projects, the tenderer shall post the selection results of investors and attach the approval decision on the System no later than ten days from the date the document is issued in accordance with point b of Clause 2, Article 4 of Decree No. 35/2021/NĐ-CP. | 230 | |||||||||
| - Original Cost | 231 | |||||||||
| - Accumulated Depreciation | 232 | |||||||||
| IV. Long-Term Work-in-Progress | 240 | (...) | (...) | |||||||
| 1. Long-Term Production and Business Costs in Progress | 241 | |||||||||
| 2. Long-Term Construction in Progress | 242 | |||||||||
| V. Long-Term Financial Investments | 250 | |||||||||
| 1. Investment in Subsidiaries | 251 | |||||||||
| 2. Investment in Joint Ventures and Associates | 252 | |||||||||
| 3. Investment in Other Entities | 253 | |||||||||
| 4. Allowance for Long-Term Financial Investments (*) | 254 | |||||||||
| 5. Held-to-Maturity Investments | 255 | (...) | (...) | |||||||
| VI. Other Long-Term Assets | 260 | |||||||||
| 1. Long-Term Prepaid Expenses | 261 | |||||||||
| 2. Deferred Tax Assets | 262 | |||||||||
| 3. Long-Term Spare Parts and Accessories | 263 | |||||||||
|
4. Other Long-Term Assets |
268 |
|||||||||
|
Total Assets (270 - 100 + 200) |
270 |
|||||||||
|
C - LIABILITIES |
300 |
|||||||||
|
I. Short-Term Liabilities |
310 |
|||||||||
|
1. Short-Term Supplier Payables |
311 |
|||||||||
|
2. Short-Term Advance Payments from Customers |
312 |
|||||||||
|
3. Taxes and Other Payables to the Government |
313 |
|||||||||
|
4. Short-Term Employee Payables |
314 |
|||||||||
|
5. Short-Term Payables for Expenses |
315 |
|||||||||
|
6. Short-Term Internal Payables |
316 |
|||||||||
|
7. Payables under Construction Contract Progress Billing |
317 | |||||||||
|
8. Short-Term Unearned Revenue |
318 |
|||||||||
|
9. Other Short-Term Payables |
319 |
|||||||||
|
10. Short-Term Borrowings and Finance Leases |
320 |
|||||||||
|
11. Short-Term Payables Reserve |
321 |
|||||||||
|
12. Reward and Welfare Fund |
322 |
|||||||||
|
13. Price Stabilization Fund |
323 |
|||||||||
|
14. Resale of Government Bonds |
324 |
|||||||||
|
II. Long-Term Liabilities |
330 |
|||||||||
|
1. Long-Term Supplier Payables |
331 |
|||||||||
|
2. Long-Term Advance Payments from Customers |
332 |
|||||||||
|
3. Long-Term Payables for Expenses |
333 |
|||||||||
|
4. Long-Term Payables to Subsidiaries for Operating Capital |
334 |
|||||||||
|
5. Long-Term Internal Payables |
335 |
|||||||||
|
6. Long-Term Unearned Revenue |
336 |
|||||||||
|
7. Other Long-Term Payables |
337 |
|||||||||
|
8. Long-Term Borrowings and Finance Leases |
338 |
|||||||||
|
9. Convertible Bonds |
339 |
|||||||||
|
10. Preferred Shares |
340 |
|||||||||
|
11. Deferred Income Tax Payables |
341 |
|||||||||
|
12. Long-Term Payables Reserve |
342 |
|||||||||
|
13. Science and Technology Development Fund |
343 |
|||||||||
|
D - EQUITY CAPITAL |
400 |
|||||||||
|
I. Equity Capital |
410 |
|||||||||
|
1. Shareholders' Contributions |
411 |
|||||||||
|
- Voting Common Shares |
411a |
|||||||||
|
- Preferred Shares |
411b |
|||||||||
|
2. Share Premium |
412 |
|||||||||
|
3. Bond Conversion Options |
413 |
|||||||||
|
4. Other Shareholders' Capital |
414 |
|||||||||
|
5. Treasury Shares (*) |
415 |
(...) | (...) | |||||||
|
6. Revaluation Surplus |
416 |
|||||||||
|
7. Foreign Exchange Differences |
417 |
|||||||||
|
8. Development Investment Fund |
418 |
|||||||||
|
9. Enterprise Restructuring Support Fund |
419 |
|||||||||
|
10. Other Funds Belonging to Equity Capital |
420 |
|||||||||
|
11. Undistributed Post-Tax Profit |
421 |
|||||||||
|
- Cumulative Undistributed Post-Tax Profit up to the End of the Previous Period |
421a |
|||||||||
|
- Undistributed Post-Tax Profit for the Current Period |
421b |
|||||||||
|
12. Capital for Construction Investment |
422 |
|||||||||
|
II. Other Operating Funds and Funds |
430 |
|||||||||
|
1. Funding sources |
431 |
|||||||||
|
2. Operating Funds Formed into Fixed Assets |
432 |
|||||||||
| Total Capital (440 - 300 + 400) | 440 | |||||||||
| Prepared on ..., ..., ... | ||
| ASSETS (Signature, full name) |
HEAD OF ACCOUNTING DEPARTMENT (Signature, full name) |
DIRECTOR (Signature, full name, stamp) |
Note:
(1) Indicators without data need not be presented.
(2) Data in indicators marked with (*) should be recorded as negative numbers in parentheses (...).
(3) The above model applies to individual financial statements of enterprises applying the enterprise accounting system according to Circular No. 200/2014/TT-BTC dated December 22, 2014 of the Ministry of Finance. For consolidated financial statements and financial statements of enterprises applying other accounting systems, enterprises shall modify the indicators to be consistent with the accounting system currently in use.
2. Consolidated Results Report According to Regulations
| Reporting entity: ... Address: … |
Model BTH 02 - Enterprise (ISSUED TOGETHER WITH Circular No. 10/2022/TT-BTC dated February 14, 2022 of the Minister of Finance) ||| |
|||
Year …
| INDICATORS | Code Number | COMBINED REPORT ON BUSINESS OPERATIONS RESULTS PRIOR TO ADJUSTMENTS | ||| | Transaction C | ... | BUSINESS OPERATIONS RESULTS IN ACCORDANCE WITH PROVISIONS | ||||
| DATA PRIOR TO IMPLEMENTING ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS FOR TRANSACTION B | Adjustment according to regulation 1 | ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS 2... | DATA PRIOR TO IMPLEMENTING ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS FOR TRANSACTION C | Adjustment according to regulation 1 | ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS 2... | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 1. REVENUE FROM SALES AND SERVICE PROVIDING | 01 | |||||||||
| 2. DEDUCTIONS FROM REVENUE | 02 | |||||||||
| 3. NET REVENUE FROM SALES AND SERVICE PROVIDING (01-02) | 10 | |||||||||
| 4. COST OF GOODS SOLD | 11 | |||||||||
| 5. GROSS PROFIT FROM SALES AND SERVICE PROVIDING (10-11) | 20 | |||||||||
| 6. FINANCIAL ACTIVITY REVENUE | 21 | |||||||||
| 7. FINANCIAL EXPENSES | 22 | |||||||||
| - INCLUDING: INTEREST EXPENSE | 23 | |||||||||
| 8. SALES EXPENSES | 25 | |||||||||
| 9. MANAGEMENT EXPENSES | 26 | |||||||||
| 10. NET PROFIT FROM BUSINESS OPERATIONS {30 = 20 + (21 - 22) - (25 + 26)} |
30 | |||||||||
| 11. OTHER INCOME | 31 | |||||||||
| 12. OTHER EXPENSES | 32 | |||||||||
| 13. OTHER PROFIT (31 - 32) | 40 | |||||||||
| 14. TOTAL ACCOUNTING PROFIT BEFORE TAX (30 + 40) | 50 | |||||||||
| 15. CURRENT YEAR INCOME TAX EXPENSE | 51 | |||||||||
| 16. DEFERRED INCOME TAX EXPENSE | 52 | |||||||||
| 17. POST-TAX PROFIT (60 = 50 - 51 - 52) | 60 | |||||||||
| 18. RETURN ON EQUITY (ROE) (*) | 61 | |||||||||
| PREPARED ON DATE... | ||
| ASSETS (Signature, full name) |
HEAD OF ACCOUNTING DEPARTMENT (Signature, full name) |
DIRECTOR (Signature, full name, stamp) |
RECORDING:
(1) Indicators without data need not be presented.
(2) THIS FORM APPLIES TO FINANCIAL STATEMENTS OF ENTERPRISES APPLYING THE ENTERPRISE ACCOUNTING REGIME ACCORDING TO Circular No. 200/2014/TT-BTC dated December 22, 2014 of the Ministry of Finance. For consolidated financial statements and financial statements of enterprises applying other accounting regimes, enterprises shall modify the indicators to be consistent with the current accounting regime.
(3) INDICATORS MARKED WITH (*) ARE APPLICABLE ONLY TO ENTERPRISES IN CONNECTION WITH APPLICATION FOR LISTING AND MAINTENANCE OF LISTING CONDITIONS.
14
3. EXPLANATION OF COMBINED REPORT ON FINANCIAL INFORMATION IN ACCORDANCE WITH PROVISIONS
Reporting entity:...
Address:…
FORM BTB 09 - ENTERPRISE
(Annexed to Circular No. 10/2022/TT-BTC dated February 14, 2022 issued by the Minister of Finance)
EXPLANATION OF COMBINED REPORT ON FINANCIAL INFORMATION
IN ACCORDANCE WITH PROVISIONS
YEAR …(1)
I. GENERAL INFORMATION ABOUT THE ENTERPRISE
1. FORM OF CAPITAL OWNERSHIP.
2. BUSINESS SECTOR.
3. BUSINESS LINE.
4. NORMAL PRODUCTION AND BUSINESS CYCLE.
5. STRUCTURE OF THE ENTERPRISE
a) LIST OF SUBSIDIARIES;
b) LIST OF JOINT VENTURES AND ASSOCIATES;
c) LIST OF DEPENDENT UNITS WITHOUT LEGAL PERSON STATUS.
II. ADDITIONAL INFORMATION FOR ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS
1. DESCRIPTION OF TRANSACTIONS, INCLUDING CONTEXT, SITUATION, RESTRUCTURING, SPIN-OFF, AND SPECIFIC PARTS PARTICIPATING IN RESTRUCTURING TRANSACTIONS OR COMPANY SPIN-OFF.
2. CONTENT AND PURPOSE OF FINANCIAL INFORMATION IN ACCORDANCE WITH PROVISIONS INCLUDING THE NATURE OF EVENTS OR TRANSACTIONS AND THE ASSUMED DATE OF OCCURRENCE OR COMPLETION OF TRANSACTIONS.
3. EXPLANATION OF THE SOURCE OF ORIGINAL DATA USED FOR ADJUSTMENTS AND WHETHER THE AUDITED OR REVIEWED REPORT ON THAT SOURCE HAS BEEN PUBLISHED.
4. EXPLANATION OF ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS: THE ENTERPRISE SHALL PROVIDE A DETAILED EXPLANATION TO ELABORATE EACH ADJUSTMENT IN ACCORDANCE WITH PROVISIONS, INCLUDING THE FOLLOWING CONTENTS:
a) EACH TRANSACTION IMPACTING THE FINANCIAL INFORMATION IN ACCORDANCE WITH PROVISIONS;
b) RELATED UNITS;
c) REPORTING PERIODS PRESENTED, AND
d) SPECIFIC EXPLANATION FOR EACH ADJUSTMENT IN ACCORDANCE WITH PROVISIONS.
5. IN ADDITION TO THE EXPLANATION FOR ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS ABOVE, THE ENTERPRISE MUST:
a) EXPLAIN SIGNIFICANT INCOME AND EXPENSES DIRECTLY RELATED TO RESTRUCTURING TRANSACTIONS OR COMPANY SPIN-OFF, WHICH DO NOT RECUR IN THE FOLLOWING PERIOD, AND THE EFFECTS OF TAXES ON THESE ITEMS.
b) EXPLAIN LIABILITIES AND TANGIBLE AND INTANGIBLE ASSETS, AS WELL AS UNCERTAINTIES RELATING TO THE ESTIMATED DURATION OF ASSET DEPRECIATION.
c) EXPLAIN THE TERMS OF POTENTIAL PAYMENTS AND THE POTENTIAL IMPACT ON FUTURE INCOME IF THE POTENTIAL PAYMENT IS ISSUABLE STOCK.
6. IT IS ENCOURAGED FOR THE ENTERPRISE TO PROVIDE ADDITIONAL EXPLANATIONS ON THE FOLLOWING INFORMATION:
a) INFORMATION IMPLEMENTED OR PLANNED BY THE MANAGEMENT BOARD AFTER BUSINESS COMBINATION TRANSACTIONS, INCLUDING TERMINATING EMPLOYEES, CLOSING BUSINESS LOCATIONS, AND OTHER RESTRUCTURING FEES.
b) MEASUREMENT INDICATORS OF BUSINESS EFFICIENCY OR LIQUIDITY AND THE EFFECTS OF ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS ON THESE INDICATORS.
c) THE USEFUL LIFE OR ESTIMATED ALLOCATION PERIOD OF SIGNIFICANT ASSETS PURCHASED IN BUSINESS COMBINATION TRANSACTIONS, INCLUDING IDENTIFIED INTANGIBLE ASSETS.
d) CHANGES IN ACCOUNTING POLICIES APPLIED BETWEEN REPORTING PERIODS FOR COMBINED REPORTING OF FINANCIAL INFORMATION IN ACCORDANCE WITH PROVISIONS.
7. ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS MUST ALSO BE SUPPORTED BY ACTUAL EVIDENCE TO PROVIDE A RELIABLE BASIS FOR FINANCIAL INFORMATION IN ACCORDANCE WITH PROVISIONS. ADJUSTMENTS SUPPORTED BY ACTUAL EVIDENCE CAN BE OBJECTIVELY DETERMINED. SOURCES OF EVIDENCE FOR ADJUSTMENTS IN ACCORDANCE WITH PROVISIONS INCLUDE:
a) PURCHASE AGREEMENTS;
b) FINANCIAL DOCUMENTS FOR EVENTS OR TRANSACTIONS, SUCH AS DEBT AGREEMENTS;
c) INDEPENDENT VALUATION REPORTS;
d) OTHER DOCUMENTS RELATED TO EVENTS OR TRANSACTIONS;
e) PUBLISHED FINANCIAL STATEMENTS:
1) OTHER FINANCIAL INFORMATION IN THE ANNUAL REPORT;
g) ACTIONS COMPLYING WITH LAWS AND REGULATIONS, SUCH AS TAX CALCULATION;
h) LABOR CONTRACTS;
i) ACTIONS OF THE MANAGEMENT BOARD.
ADJUSTMENTS CONSISTENT WITH THE FRAMEWORK FOR THE PREPARATION AND PRESENTATION OF FINANCIAL STATEMENTS APPLIED BY THE ENTERPRISE AND THE ACCOUNTING POLICIES UNDER THAT FRAMEWORK
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