THIS REPRESENTS ADJUSTMENTS MADE BY THE ACCOUNTANT FOR THE WHOLE TA...

5. This represents adjustments made by the accountant for the whole tax recollection and penalties resulting fromthe tax audit carried out in December 2011 for the year ended 31 March 2011, consisting of the following:(1) Penalty for the late declaration and payment of foreign contractor tax (FCT): VND300 million(2) Recollection of FCT under-declared: VND2,000 million(3) Penalties for the under-declaration of FCT: VND200 millionAV Co had settled these amounts, in full, with the tax authorities by 31 March 2012.AV Co had made a provision of VND2,000 million for the FCT under-declaration in its income statement for theyear ended 31 March 2011. As such, in the current year they have only booked the penalties into expenses.