Nghị định 15/2006/QD-BTC bằng tiếng Anh docx

The preparation and presentation of financial statements by enterprises in a particularbranch shall comply with the provisions specified in the accounting system issued by theMinistry of

- Pursuant to Government Decree No.77/2003/ND-CP dated 1 July 2003, stipulatingfunctions, duties, powers and organisational structure of the Ministry of Finance;

Following the proposal by the Director of the Accounting System and AuditingDepartment and the Office Manager of the Ministry of Finance,

DECIDES:

Article 1: To issue “the business accounting system” applicable to all enterprises in all fields

and all economic sectors throughout the country The business accounting system shallinclude four parts:

Part I: Bookkeeping Account System ;

Part II: Financial Statement System ;

Part III: System of Accounting Documents;

Part IV: Syustem of accounting Books

Article 2: Enterprises, companies and corporations shall, based on “the business

accounting system”, carry out research, concretize and formulate the accounting systemand specific regulations on its contents, and the method of application of such accountingsystem, which are appropriate to business chracteristics and management requirements ineach industry, each operational field and each economic sector Where there is anamendment or addition to class-1 or class-2 accounts or an amendment to financialstatements, a written agreement by the Ministry of Finance must be obtained

Within the scope regulated in the business accounting system and in implementingdocuments issued by superior administration bodies, enterprises shall study and apply the list

of accounts, source documents and accounting books, and select the form of accountingappriopriate to their business and production characteristics, management requirements andaccouting work

Article 3: This Decision shall have full force and effectafter 15 days fronm the date on which

it is published in the official gazette In particular, the regulations on “preparation of mid-year

consolidated financial statements” in point 4, and “responsibility for preparation andpresentation of financial statements” in Section A.I, Part II sghall be implemented as from2008.

This Decision shall replace Decision No.1141 TC/QD/CDKT dated 1 November 1995 of theMinister of Finance, issuing “the business accounting system”; Decision No.167/2000/QD-BTC dated 25 October 2000 of the Minister of Finance, issuing “the regime of businessfinancial statements”, Circular No.10 TC/CDKT dated 20 march 1997, providing “guidelines

on amendment and addition to the business accouting system”; Circular No.33/1998/TT-BTCdated 17 March 1998, providing “guidelines on accouting for, appropriating and usingprovisions for reduction in prices of inventory, for bad debts and for recduction in prices ofsecurities at State enterprises”; Circular No.77/1998/TT-BTC dated 6 June 1998, providing

“guidelines on exchange rates for conversion of foreign currencies into Vietnamese dong,used for accounting treatment by enterprises”; Circular No.100/1998/TT-BTC dated 15 July

1998, providing “guidelines on accounting for VAT and Business Income Tax (BIT)”; CircularNo.180/1998/TT-BTC dated 26 December 1998, providing “additional guidelines onaccounting for VAT”; Circular No.186/1998/TT-BTC dated 28 December 1998, providing

“guidelines on accounting for export-import duties and special sales tax”; CircularNo.107/1999/TT-BTC dated 1 September 1999, providing “guidelines on accounting for VAT

on finance lease activities”; Circular No.120/1999/TT-BTC dated 7 October 1999, providing

“guidelines on amendment and addition to the business accounting system”; CircularNo.54/2000/TT-BTC dated 7 June 2000, providing “guidelines on accounting for businessestablishments’ goods sold by their affiliated units located in other provinces and cities andpracticing dependent cost accounting, and by their agents for commission”

Article 4: The contents specified in Decisions issuing accounting standards and in Circulars

providing guidelines on application of accounting standards issued from stage 1 to stage 5,which are not contrary to those specified in this Decision, shall still be valid

Article 5: The ministries, ministerial equivalent bodies, people’s committees of provinces and

cities under central authotrity shall be responsible for instructing units under theiradministration to apply “the business accounting system” issued together with this Decision

Article 6: The Director of the Accounting System and Auditing Department, the Ministry of

Finance’s Office Manager, the Director of the Corporate Finance Department, the GeneralDirector of Taxation, and heads of relevant units under the Ministry of Finance shall beresponsible for guiding and examining the implementation of this Decision

- Văn phòng Quốc hội;

- Văn phòng Chủ tịch nước;

- Văn phòng TW Đảng;

- Các Bộ, cơ quan ngang Bộ

cơ quan thuộc Chính phủ;

- Toà án nhân dân tối cao;

- Viện kiểm sát nhân dân tối cao;

- UBND, Sở Tài chính, Cục thuế các tỉnh,

TP trực thuộc TW;

- Cục kiểm tra văn bản (Bộ Tư pháp);

- Hội Kế toán và Kiểm toán Việt Nam;

- Hội Kiểm toán viên hành nghề Việt Nam;

- Các Công ty kế toán, kiểm toán;

PART I BOOKKEEPING ACCOUNT SYSTEM

I- GENERAL PROVISIONS

1- Bookkeeping accounts are used to classify and systematize economic

and financial transactions according to their economic targets

The business bookkeeping account system includes class-1 accounts, class-2accounts, balance shhet accounts and off balance sheet accounts inaccordance with the provisions in this Decision

2- Enterprises, companies and corporations shall, based on the bookkeeping

account system, carry out research on and make use of a detailed bookkeepingaccount system which is appropriate to their business and productionchracteristics and management requiremnets, but such a detailed bookkeepingaccount system must conform to the content and structure of, and theaccounting methods in, corresponding general bookkeeping accounts

3- Where enterprises, companies or corporations need to add class-1 or class-2

accounts or amend class-1 or class-2 accounts in relation to name, sign andcontents of, or methods of accounting for particular economic transactions, theymust obtain a written approval from the Ministry of Finance before making such

an addition or amendment

4- Enterprises, companies or corporations may further set up class-2 or class-3

accounts for the accounts whose class-2 or class-3 acount is not stated in thelist of business bookkeeping account system issued together with this Decision

in order to serve their management requirements, and they shall not be required

to obtain an approval from the Ministry of Finance

II- LIST OF BUSINESS BOOKKEEPING ACCOUNT SYSTEM

1113 Gold, silver, precious metals, gemstones

1212 Ordinary bonds, treasury bonds, term bonds

05 128 Other short-term investments

1281 Term deposits

1288 Other short-term investments

06 129 Provisions for reduction in prices of short-term

investments

entity

1331 Deductible VAT on goods or services

1332 Deductible VAT on fixed assets

1361 Business capital at affiliated units

1368 Other internal receivables

11 139 Provisions for bad debts

entity

13 142 Short-term prepaid expenses

14 144 Short-term mortgages, deposits or collateral

15 151 Purchases in transit

management requirements

23 159 Provisions for reduction in prices of inventory

24 161 Adminmistrative payments

1611 Administrative payments in previous year

1612 Administrative payments in this year

TYPE OF ACCOUNT 2

LONG-TERM ASSETS

25 211 Tangible fixed assets

2111 Buildings, architectural structures

2112 Machinery or equipment

2113 Means of transport or transmission

2114 Equipment or devices used for management

2115 Perennial plants, animals working and giving products

2118 Other fixed assets

26 212 Fixed assets under a finance leace

27 213 Intangible fixed assets

2131 Land use right

2132 Distribution right

2133 Copyright, patent

2134 Trademarks of goods

2135 Computer software

2136 Licence and franchising licence

2138 Other intangible fixed assets

28 214 Wear and tear of fixed assets

2141 Wear and tear of tangible fixed assets

2142 Wear and tear of financially-leased fixed assets

2143 Wear and tear of intangible fixed assets

2147 Wear and tear of invested property

30 221 Investment in subsidiaries

31 222 Capital contribution to a joint venture enterprise

32 223 Investment in an associated company

33 228 Other long-term investments

2281 Shares 2282

2288

Bonds Other long-term investments

34 229 Provisions for reduction in long-term investments

35 241 Capital construction in progress

2411 Procurement of fixed assets

2412 Capital construction

2413 Major repair to fixed assets

36 242 Long-term prepaid expenses

37 243 Assets on which income tax is postponed

38 244 Long-term deposit or collateral

TYPE OF ACCOUNT 3

ACCOUNTS PAYABLE

40 315 Long-term debt falling due

3334 Business Income Tax (BIT)

3335 Personal Income Tax (PIT)

3336 Natural resources tax

3337 Housing and land tax, land rental 3338

3339

Oother types of tax Fess, charges and other items of payment

3341 Payables to government officials and employees

3348 Payables to other employees

3381 Suplus assets awaiting handling

3382 Labour union budget

3383 Social insurance

3384 Medical insurance

3385 Payables for equitisation

3386 Receipt of short-term deposit or collateral

Par value of bonds

3432 3433

Discount on bonds Excesses over bonds

51 344 Rceipt of long-term deposit or collateral

52 347 Postponed income tax payable

53 351 Contingency fund for loss-of-employment

allowances

54 352 Provisions that must be returned

LOẠI TK 4

OWNERS’ EQUITY

55 411 Source of business capital

4111 Owners’ investment capital

company

4118 Other capital

56 412 Difference in property revaluation

57 413 Foreign exchange differences

4131 Difference in revaluation of foreign exchange gains or

losses at the closing of a financial year

4132 Foreign exchnage differences in the stage of investment

in capital construction

58 414 Development investment fund

59 415 Financial contingency fund

60 418 Other funds founded from owners’ equity

company

62 421 Undistributed profits

4211 Undistributed profit in the previous year

4212 Undistributed profit in this year

63 431 Reward or welfare fund

4311 Reward fund

4312 Welfare fund

4313 Welfare fund forming fixed asset

64 441 Source of capital invested in capital construction Applicable to State

enterprises

4611 Source of administrative budget in the previous year companies or

5111 Revenue from sale of goods

5112 Revenue from sale of finished products Detailing by

5114 Revenue from allowances or price subsidies requirements

5117 Revenue from trade in invested property

68 512 Revenue from internal sales Applicable to

5122 Revenue from sale of finished products

5123 Revenue from provision of services

69 515 Revenue from financial operations

72 532 Reduction in prices of goods sold

TYPE OF ACCOUNT 6

PRODUCTION OR BUSINESS COSTS

6111 Purchase of raw materials or materials the method of

74 621 Costs of raw materials or materials directly used

75 622 Costs of direct employees

76 623 Costs for use of construction machinery Applicable to

company

6232 Costs of materials

6233 Costs of production instruments

6234 Cost of amortization of construction machinery

6237 Costs of hired services

6238 Other costs in cash

77 627 General production costs

6271 Costs of workshops’ employees

6272 Costs of materials

6273 Costs of production instruments

6274 Costs of amortization of fixed assets

6277 Cost of hired services

6278 Other costs in cash

6413 Costs of instruments or appliances

6414 Costs of amortization of fixed assets

6415 Costs of warranty

6417 Costs of hired services

6418 Other costs in cash

82 642 Costs of business management

6421 Costs of managers

6422 Costs of managed materials

6423 Costs of stationery

6424 Costs of amortization of fixed assets

6425 Taxes, fees and charges

6426 Provisions

6427 Costs of hired services

6428 Other costs in cash

8211 Current BIT costs

8212 Postponed BIT costs

TYPE OF ACCOUNT 9

DETERMINATION OF BUSINESS RESULTS

86 911 Determination of business results

TYPE OF ACCOUNT 0

OFF BALANCE SHEET ACCOUNTS

002 Materials or goods held on behalf of other entities,

or received for processing

Detailing by management requirements

003 Goods received for sale on behalf of other entities,

or taken as goods on consignment or mortgages

004 Bad debts written off

007 Foreig currencies

008 Estimate for administrative or project costs

PART II FINANCIAL STATEMENT SYSTEM I/ GENERAL PROVISIONS

A Annual and mid-year financial statements

1 Purposes of financial statements

Financial statements are used for the objective of providing information about the financial position, performance and cash flows of an enterprise, which meets management requirements of the enterprise’s owner and State bodies, and is useful to a wide range of users in making economic decisions The financial statements must provide information about an enterprise’s:

a/ assets;

b/ liabilities and owners’ equity;

c/ revenue, other income, operating expenses and other costs;

d/ gains and losses, and distribution of operating results;

đ/ Taxes and charges payable to the State;

e/ Other assets relating to the enterprise;

g/ Cash flows

Apart from the above information, an enterprise shall still be required to include otherinformation in the “notes to the financial statements” in order to give further explanation of theitems shown on its general financial statements and the accounting policies that it hasapplied to recognise the economic transactions, and prepare and present the financialstatements

2- Objects of application

The annual financial statement system shall be applied to enterprises of all types in allindustries and economic sectors In particular, medium and small businersses shall still berequired to comply with general provisions in this Part and specific provisions appropriate tomedium and small businesses, specified in the accounting system for medium and smallbusinesses

The preparation and presentation of financial statements by banks or similar financialorganisations are additionally stipulated in the Accounting Standard No.22 “Additionalrepresentation of financial statements by banks and similar financial organisations” and inspecific documents

The preparation and presentation of financial statements by enterprises in a particularbranch shall comply with the provisions specified in the accounting system issued by theMinistry of Finance, or by the branch with the Ministry of Finance’s approval

A parent company or group that prepares its consolidated financial statements mustcomply with the provisions in the Accounting Standard “Consolidated financial statementsand accounting for investments in subsidiary companies”

A company with its affiliated accounting units or a State corporation operating in theform of having no subsidiary companies must prepare its consolidated financial statements inaccordance with the provisions in Circular providing guidelines for applying the AccountingStandard No.25 “Consolidated financial statements and accounting for investments insusidiary companies”

The mid-year financial statement system (quarterly financial statements) shall beapplied to State enterprises, listed enterprises and other enterprises which voluntarilyprepare their mid-year financial statements

3- The business financial statement system

The financial statement system shall include annual financial statements and mid-yearfinancial statements

3.1 Annual financial statements

The annual financial statements shall include:

3.2 Mid-year Financial Statements

The mid-year financial statements shall include the mid-year financialstatements in full form and in summary form

(1) The mid-year financial statements in full form shall include:

DN;

- Mid-year income statement

(in full fiorm): Form No B 02a –

(2) The mid-year financial statements in summary form shall include:

- Mid-year balance sheet (in summary form): Form No B 01b –

DN;

- Mid-year income statement

(in summary form): Form No B 02b –

statements or consolidated financial statements at the closing of the accounting period,based on financial statements of their affiliated accounting units.

(2) State enterprises or listed enterprises shall still be required to prepare their year finacial statements in full form

mid-Other enterprises which voluntarily prepare their mid-year finacial statements shall bepermitted to select the full form or the summary form

State corporations and State enterprises with affiliated accounting units shall still berequired to prepare their mid-year general financial statements or consolidated financialstatements (*)

(3) Parent companies and groups shall be required to prepare their mid-year consolidatedfinancial statements (*) and their consolidated financial statements at the closing of theaccounting year in accordance with the provisions in Government Decree No.129/2004/NĐ-CPdated 31 May 2004 In addition, they shall still be required to prepare consolidated financialstatements after they have consolidated their business as regulated in the Accounting StandardNo.11 “Business consolidation”

((*) The preparation of mid-year consolidated financial statements shall be made as from2008)

5- Requirements for preparation and presentation of financial statements

The preparation and presentation of financial satements must comply with therequirements specified in the Accounting Standard No.21 – Presentation of financialstatements A fair presentation of financial statements requires:

- presenting information in a true and fair manner;

- selecting and applying accounting policies in accordance with the provisions of eachAccounting Standard in order to ensure that the financial statements provideinformation that is relevant to the decision-making needs of users and reliable Toachieve a fair presentation, financial statements must:

+ represent fairly the results and financial position of the enterprise;

+ reflect the economic substance of events and transactions and not merely the legalform;

+ be neutral, that is free from bias;

+ be prudent;

+ be complete in all material respects

The presentation of financial statements must be based on data existing after theaccounting books are closed Financial statements must consist of full items, be preparedmethodically and presented consistently between accounting periods Financial statements

must be signed by the person preparing them, the chief accountant and the legalrepresentative of the enterprise, and stamped with the enterprise’s seal

6- Principles of preparation and presentation of financial statements

The preparation and presentation of financial statements must comply with six (06)principles stipulated in the Accounting Standard No.21 – “Presenatation of financialstatements”: going concerns, accrual basis of accounting, consistency of presentation,materiality and aggregation, offsetting and comparative information

Notes to the financial statements must be based on requirements for presentinginformation as stipulated in Accounting Standards Material information must be explained tohelp readers understand properly the finacial position of the enterprise

7- Periods for preparation of financial statements

7.1 Period for preparation of annual financial statements

Enterprises are required to prepare financial statements for the accounting year which

is the calendar year or an accounting year with 12 full months after they notify such a year tothe tax body In the special case, enterprises are permitted to change the closing date of anaccounting year, as a result, financial statements prepared for the first accounting year or thelast accounting year may be shorter or longer than 12 monts, but shall not be permitted toexceed 15 months

7.2 Period for preparation of mid-year financial statements

The period for preparation of mid-year financial statements shall be eachquarter of the financial year (not including Quarter IV)

7.3 Other periods for preparation of financial statements

Enterprises may prepare their financial statements for other accounting periods (such

as week, month, 6 months, 9 months, ) as required by law, by the parent company or theowner

An enterprise which is subject to a division, demerger, consolidation, meger,conversion of ownership form, dissolution, termination of operation or bankruptcy mustprepare financial statements at the time when such an event occurs

8 Time limit for submission of financial statements

8.1 With respect to State enterprises

a) Time limit for submission of quarterly financial statements:

- An enterprise shall be required to submit its quarterly financial statements no later than

20 days from the date of closing the quarterly accounting period; with respect to a Statecorporation, the above time limit shall be no later than 45 days;

- An affiliated accounting unit of a State corporation shall submit its quarterlyfinancial statements to the corporation within the time limit regulated by the corporation b) Time limit for submission of the annual financial statements:

- An enterprise shall be required to submit its annual financial statements no later than

30 days from the date of closing the accounting year; with respect to a State corporation, theabove time limit shall be no later than 90 days;

- An affiliated accounting unit of a State corporation shall submit its annual financialstatements to the corporation within the time limit regulated by the corporation

8.2 With respect to other enterprises

a) An accounting unit being a private enterprise or a partnership firm must submit itsannual financial statements no later than 30 days from the date of closing the accountingyear; with respect to other accounting units , the above time limit shall be no later than 90days;

b) An affiliated accounting unit shall submit its annual financial statements to its superioraccounting unit within the time limit regulated by the superior accounting unit

9 Place where financial statements are received

Place where financial statements are received TYPES OF ENTERPRISE

(4) preparationPeriods for

of financial statements

Financial body Tax body(2) Statisticalbody enterpriseSuperior

(3)

Business registration body

1 State enterprises Quarter,

Year

x(1)

- State enterprises such as commercial banks, lottery companies, credit institutions,insurance companies, securities trading companies must submit their financial statements tothe Ministry of Finance (the Banking Finance Department) In particular, Securities TradingCompanies shall also submit their financial statements to the State Securities Commission

(2) Enterprises shall be required to submit their financial statements to local taxbodies directly managing them State corporations shall also submit their financial statements

to the Ministry of Finance (the General Department of Taxation)

(3) State enterprises which have the superior accounting unit must submit theirfinancial statements to such a superior accounting unit Other enterprises which have thesuperior accounting unit must submit their financial statements to such a superior accountingunit in accordance with the regulations of the superior accounting unit

(4) Enterprises whose financial statements are required by law to be audited shallhave their financial statements audited before such statements are submitted as regulated.Audited financial statements of enterprises must be enclosed with audit reports when theyare submitted to State administration bodies and their superior enterprises

B Consolidated financial statements and general financial statements

1 Consolidated financial statements

A parent company or a group shall be responsible for preparing consolidated financialstatements to consolidate and present the overall conditions regarding its assets, liabilities,owners’ equity at the time of preparation of financial statements; and its performance andoperating results in the reporting period

The consolidated financial statement system shall include 4 reporting forms:

- Consolidated notes to the financial statements Form No B 09 – DN/HN The contents and form of, the method of calculation in, and the time limit forpreparation, submission and disclosure of consolidated financial statements shall be carriedout in accordance with the provisions in Circular providing guidelines on the AccountingStandard No.21 “Presentation of Financial statements” and the Accounting Standard No.25

“Consoliadted financial sattements and accounting for investments in subsidiary companies”,and with Circualr providing guidelines on the Accounting Standard No.11 “Businessconsolidation”

2 General financial statements

An enterprise which has affiliated accounting units or a State corporation established and operating in the form of having no subsidiary companies must prepare its general financial statements to combine and present the overall conditions

regarding its assets, liabilities and owners’ equity at the time of preparation of financialstatements, and its performance and operating results in the operating period of the wholeenterprise or State corporation

The general finacial statement system shall include 4 reporting forms:

- General notes to the financial statements Mẫu số B 09-DN

The contents and form of, and the time limit for preparation, submission and disclosure

of general financial statements shall be carried out in accordance with the provisions inCircular providing guidelines on the Accounting Standard No.21 “Presentation of Financialstatements” and the Accounting Standard No.25 “Consoliadted financial sattements andaccounting for investments in subsidiary companies”

A parent company or a group which has to prepare both general financial statementsand consolidated financial statements shall prepare its general financial statements first (thepreparation of general financial statement is based on types of operation: production andtrading, investment in capital construction, or non-business activities) and then prepare itsconsolidated financial statements While preparing general financial statements for itsproduction and trading units, the parent company or group may have had to implement theprovisions on consolidation of financial statements Units which have to prepare both generalfinancial statements and consolidated financial statements must comply with the provisions

on preparation of general financial statements and consolidated financial statements

II/ LIST AND FORMS OF FINANCIAL STATEMENTS

A The list and forms of annual financial statements shall include:

- Notes to the financial statements Form No B 09 – DN

1 Balance sheet

Company:……… Form No B 01 – DN

Address:………. (issued together with Decision No.15/2006/QD-BTC

dated 20 March 2006 of the Minister of Finance)

of the year (3)

Figures

at the opening

of the year (3)

A– SHORT-TERM ASSETS (100=110+120+130+140+150) 100

2 Provisions for reduction in prices of short-term

investments (*) (2)

4 Receivables from completed work under a construction

5 Provisions for long-term receivables that are

hard-recovered (*)

4 Costs of capital construction in progress 230 V.11

2 Investments in associated or joint venture companies 252

4 Provisions for reduction in prices of long-term financial

investments (*)

2 Assets on which income tax is postponed 262 V.21

1 2 3 4 5

6 Provisions for loss-of-employment allowances 336

9 Other funds founded from owners’ equity 419

11 Source of capital invested in capital construction 421

II Other funds and source of budget 430

TOTAL OF SOURCE OF CAPITAL (440 = 300 + 400) 440

OFF BALANCE SHEET ITEMS

ITEMS Explanation Figures at

the closing

of the year (3)

Figures at the opening

of the year (3)

2 Materials or goods held on behalf of other entities, or

received for processing

3 Goods received for sale on behalf of other entities, or

taken as goods on consignment or mortgages

4 Bad debts written off

5 Foreign currencies

6 Estimate for administrative or project costs

Prepared on the date

Prepared by Chief accountant Director

(Signature, full name) (Signature, full name) (Signature, full name, seal)

(3) With respect to an enterprise whose accounting year is a calendar year (X), the

“figures at the closing of the year”may be recorded as “31.12.X“; the “figures at the opening of the year” may be recorded as “01.01.X“

2 Income statement

Company: Form No B 02 – DN

Address:………… (issued together with Decision No.15/2006/QD-BTC

dated 20 March 2006 of the Minister of Finance)

5 Gross profits from sale of goods and

provision of services (20 = 10 - 11)

20

6 Revenue from financial operation 21 VI.26

- of which: loan interest expenses 23

9 Business management expenses 25

10 Net profits from business activities

15 Current BIT expenses

16 BIT expenses postponed

51 52

VI.30 VI.30

Prepared on the date

(Signature, full name) (Signature, full name) (Signature, full name, seal)

Notes: (*) Thie item shall be applied only to shareholding companies.

3 Cash flow statement

Company: Form No B 03 – DN

Address:………… (issued together with Decision No.15/2006/QD-BTC

dated 20 March of the Moinister of Finance )

CASH FLOW STATEMENT

(under the direct method ) (*)

Year

Unit:

year Previous year

I Cash flow from business activities

1 Revenue from sale of goods and provision of services and

6 Other revenues from business activities 06

7 Other payments for business activities 07

Net cash flow from business activities 20

II Cash flow from investment activities

1.Payments for procurement and formation of fixed assets

and other long-term assets

21

2.Revenue from disposal or sale of fixed assets and other

3.Payments for borrowing or purchase of debt instruments

4.Receipts from lending or re-sale of debt instruments to

other entity

24 5.Payments for investment in or capital contribution to other

Net cash flow from investment activities 30

III Cash flow from financial operation

1.Revenue from issuance of shares, or from receipt of capital

2.Payments for capital contributed by owners, or for

repurchase of issued shares of the enterprise

32 3.Short-term or long-term loans received 33

5.Payment for finance lease liabilities 35

6 Dividends or profits paid to owners 36

Net cash flow from financial operation 40

Net cash flow in the period (50 = 20+30+40) 50

Cash and cash equivalents at the opening of the period 60

Effects of changes in exchange rate on conversion of foreign

Cash ans cash equivalents at the closing of the period

Lập, ngày tháng năm

(Signature, full name) (Signature, full name) (Signature, full name, seal)

Notes: Figures may not be inserted into items where data are not available, but the ordinal

number of items and “code” still remain unchanged.

Company: Form No B 03 – DN

Address:…… (issued together with Decision No.15/2006/QD-BTC

dated 20 March 2006 of the Minister of Finance)

CASH FLOW STATEMENT

(under the indirect method) (*)

2 Adjustment in items

- Unrealized foreign exchange gains or losses 04

- Gains or losses from investment activities 05

3 Profits from business activities prior to

changes in current capital

08

- Increase or decrease in accounts payable 09

- Increase or decrease in inventory 10

- Increase or decrease in accounts payable

(exclusive of loan interest expenses payable,

BIT payable)

11

- Increase or decrease in prepaid expenses 12

- Loan interest expenses already paid 13

- Other receivables from business activities 15

- Other payments for business activities 16

Net cash flow from business activities 20

II Cash flow from investment activities

1.Payments for procurement and formation of fixed

assets and other long-term assets

21 2.Revenue from disposal or sale of fixed assets

and other long-term assets

22 3.Payments for borrowing or purchase of debt

instruments from other entity

23 4.Revenue from lending or re-sale of debt

instruments to other entity

24 5.Payments for investment in or capital contribution

to other entity

25 6.Revenue from investment in or capital

contribution to other entity

26 7.Revenue from loan interest, dividends and

distributed profits

27

Net cash flow from investment activities 30

III Cash flow from financial operations

1.Revenue from issuance of shares, or from receipt

of capital contributed by owners

31 2.Payments for capital contributed by owners, or

for re-purchase of issued shares of the

ernterprise

32

3.Short-term or long-term loans received 33

5.Payments for finance lease liabilities 35

6 Dividends or profits paid to owners 36

Net cash flow from financial operations 40

Net cash flow in the period (50 = 20+30+40) 50

Cash and cash equivalents at the opening of

Prepared on the date

(Signature, full name) (Signature, full name) (Signature, full name, seal)

Notes: Figures may not be inserted into items where data are not available, but the ordinal

number of items and “code” still remain unchanged.

4 Notes to the financial statements

Company: Form No B 09 – DN

Address: (issed together with Decision No.15/2006/QD-BTC

dated 20 March 2006 of the Minister of Finance)

NOTES TO THE FINANCIAL STATEMENTS

Year (1)

I- Operational characteristics of the enterprise

1- Form of capital ownership

2- Business sector

3- Line of business

4- Operational characteristics of the enterprise in the financial year, which affect the financial statements.

II- Accounting period, monetary unit used in accounting

1- accounting year (commencing from / / and closing on / / ).

2- Monetary unit used in accounting.

III- Applicable accounting standards and system

1- Applicable accounting system

2- Proclamation of compliance with the accounting standards and system

3- Applicable accounting form

IV- Applicable accounting policies

1- Principle of recognition of amounts of cash and cash equivalents

Method of converting other currencies into the currency used in accounting.

2- Principle of recognition of inventory:

- Principle of recognition of inventory;

- Method of calculating value of inventory;

- Method of accounting for incventory;

- Method of making provisions for reduction in prices of inventory.

3- Principle of recognition and amortization of fixed assets and invested property:

- Principle of recognition of fixed assets (tangible, intangible, finance lease);

- Method of amortization of fixed assets (tangible, intangible, finance lease).

4- Principle of recognition and amortization of invested property

- Principle of recognition of invested property;

- Principle of amortization of invested property.

5- Principle of recognition of financial investments:

- Investments in subsidiary companies or associated companies; capital contributed to controlled business establishments;

jointly Shortjointly term investments in securities;

- Other short-term or long-term investments;

- Method of making provisions for reduction in prices of short-term or long-term investments 6- Principle of recognition and capitalization of borrowed expenses:

- Principle of recognition of borrowed expenses;

- Capitalization rate used to determine borrowed expenses which are capitalized in the period; 7- Principle of recognition and capitalization of other expenses:

- Prepaid expenses;

- Other expenses;

- Method of allocating prepaid exepnses;

- Method of and period for allocating the goodwill.

8- Principle of recognition of expenses payable.

9- Principle and method of recognizing provisions payable.

10- Principle of recognition of owners’ equity:

- Principle of recognizing owners’ invested capital, suplus of shareholders’s equity, and owners’ other capital

- Principle of recognizing difference in property revaluation

- Principle of recognizing foreign exchange differences

- Principle of recognizing undistributed profits

11- Principle and method of recognition of revenue:

- Revenue from sale of goods;

- Revenue from provision of services;

- Revenue from financial operations;

- Revenue from construction contracts.

12 Principle and method of recognition of financial expenses.

13 Principle and method of recognition of current BIT, and BIT expenses postponed.

14- Transactions of provision for foreign exchange risks

15- Other accounting principles and methods

V- Information added to items presented in the balance sheet

(Unit: )

of the year

At the opening of the year

02- Short-term financial investments:

- Short-term securities investments

- Other short-term investments

At the closing

of the year

At the opening of the year

- Provisions for reduction in prices of short-term investments .

of the year

At the opening of the year

- Receivables from equitization

- Receivables from dividends and distributed profits

of the year

At the opening of the year

- Purchased goods in transit

- Raw materials, materials

* Cases or events resulting in additionally advancing or recovering contingency

reserves for reduction in prices of inventory:….

05- Taxes and charges that must be collected for the State At the closing

of the year

At the opening of the year

- BIT paid excessively

06- Long-term internal receivables

- Long-term internal loans

Total … …

of the year

At the opening of the year

- Long-term deposits or collateral

- Sums received in trust

- Loans without interest

- Other long-term receivables

Total … …

08 – Increase or decrease in tangible fixed assets:

Items

Buildings, architectural structures

Machinery, equipment

Means of transport or transmission

Other tangible fixed assets

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

Số dư cuối năm

Accumulated value of

wear and tear

Balance at the opening of the

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

( ) ( ) ( )

Balance at the closing of the

- Historical cost of fixed assets at the colosing of the year, which are awating disposal:

- Commitments to purchase or sale of tangible fixed assets with large value in the future:

- Other changes in tangible fixed assets:

09- Increase or decrease in financially-leased fixed assets :

Items

Buildings, architectural structures

Machinery, equipment

Means of transport or transmission

Other tangible fixed assets

Intangible fixed assets

Total

Historical cost of

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

( ) ( )

Blance at the

closing of the year

Net book value of

date of the year

* Additionally-arising rents which are recognized as expenses of the year

* Bases for determination of additionally-arising rents:

* Articles regarding extension of the lease, or the right to purchase assets:

10- Increase or decrease in intangible fixed assets:

Items

Land use right

Distribution right

Copyright, patent .

Other intangible fixed assets

Total

Historical cost of intangible

fixed assets

Balance at the opening of the

year

- Purchased in the year

- Created from inside the

(…) (…)

(…) (…)

(…) (…)

(…) (…)

(…) (…) Balance at the closing of the

year

Accumulated value of

wear and tear

Balance at the opening of the

(…) (…)

(…) (…)

(…) (…)

(…) (…)

(…) (…) Balance at the closing of the

year

Net book value of

intangible fixed assets

- As at the opening date of

At the opening

of the year

- Total expenses of capital construction in progress:

Of wich (major construction works):

+ Construction works…………

+ Construction works …………

+……….…

.

.

of the year

Increased in the year

Decreased in the year

Figures at the closing

At the opening of the year .

Total

closing of the year

At the opening of the year

- Expenses prepaid for operational lease of fixed assets

- Expenses for establishment of the enterprise

- Expenses for reseach of great significance

- Expenses in the stage of initiating the project, unqualified to be

recognised as intangible fixed assets

Total

closing of the year

At the opening of the year

Total

closing of the year

At the opening of the year

- VAT

- Special Sales Tax (SST)

- Export/import duties

- Business Income Tax (BIT)

- Personal Income Tax (PIT)

- Natural Resources Tax

- Housing and land tax, and land rental

Total

closing of the year

At the opening of the year

- Advances on salary during the period of taking leave

- Expenses for major repair to fixed assets

- Expenses during the period of cessation of business activities

Total

closing of the year

At the opening of the year

- Surplus assets awaiting handling

- Labour union budget

- Social insurance

- Medical insurance

- Payables regarding equitization

- Receipt of short-term deposits or collateral

closing of the year

At the opening of the year

- Long-term internal loans

closing of the year

At the opening of the year

- Financially leased liabilities

- Other long-term liabilities

Total

c- Financially leased liabilities

Term Total amount

of payments for financially leased liabilities

Payment of interest on financially leased liabilities

Payment of principal of financially leased liabilities

Total amount

of payments for financially leased liabilities

Payment

of interest on financially leased liabilities

Payment

of principal of financially leased liabilities From 1 tear

or less

Over 1 year

to 5 years

Over 5

years

21- Assets on which income tax is postponed, and the postponed income tax payable

a- Assets on which income tax is postponed:

At the closing of the year

At the opening

of the year

- Assets on which the postponed income tax is related to the

- Assets on which the postponed income tax is related to the

taxable loss, which have not yet been used

- Assets on which the postponed income tax is related to the

taxable preferential project, which have not yet been used … …

- Assets on which the income tax is posponed, and of which

recovery has been recognized from previous years

- Postponed income tax payable, which arises from differences

temporarily taxable

- Postponed income tax payable, of which recovery has been

recognized from previous years

- Postponed income tax payable

a- Table of collation of fluctuations in owners’ equity

Owners’

investment capital

Surplus of share- holders’

equity

Owners’

other capital

Fund shares

Differenece in revaluation of assets

Foreign exchnage differences .

Source of funds for capital construction