Quyết định 1145/2002/QD-NHNN

DECISION

PROMULGATING THE FINANCIAL REPORT REGIME APPLICABLE TO CREDIT INSTITUTIONS

THE STATE BANK GOVERNOR

Pursuant to Vietnam State Bank Law No.01/1997/QH10 and Credit Institutions Law No.02/1997/QH10 of December 12, 1997;
Pursuant to the Government’s Decree No.15/CP of March 2, 1993 stipulating the tasks, powers and State management responsibilities of the ministries and ministerial-level agencies;
At the proposal of the director of the Accountancy-Finance Department,

DECIDES:

Article 1.- To promulgate together with this Decision the Financial Report Regime applicable to credit institutions.

Article 2.- This Decision takes effect as from December 25, 2002. The regulations on accounting reports of credit institutions in the Information and Reporting Regime promulgated together with the State Bank Governor’s Decision No.516/2000/QD-NHNN1 of December 18, 2000 shall cease to be effective.

Article 3.- The director of the Office, the director of the Accountancy-Finance Department, the director of the Banking Information Technology Department, the heads of the concerned units attached to the State Bank, the directors of the State Bank’s branches in the provinces and centrally-run cities, the chairmen of the managing boards and general directors (directors) of credit institutions shall have to implement this Decision.

FINANCIAL REPORT REGIME APPLICABLE TO CREDIT INSTITUTIONS
(Promulgated together with the State Bank Governor’s Decision No. 1145/2002/QD-NHNN of October 18, 2002)

Part one

GENERAL PROVISIONS

Article 1.- Scope and objects of application

1. Financial reports of credit institutions (hereinafter referred to as financial reports for short) are general accounting reports made according to the accounting standards and regimes applicable to credit institutions.

Professional operation reports, statistical reports and other reports in service of administration and management of activities of credit institutions (including administration accounting reports) shall not be subject to this Regime.

2. This financial report regime shall apply to credit institutions established and operating under the Law on Credit Institutions.

Article 2.- Bases and principles for making financial reports

1. Financial reports shall be made on the basis of figures of accounts inside and outside the accounting balance sheet strictly according to the nature and content of accounts defined in the current system of book-keeping accounts of credit institutions.

2. Financial reports must promptly, completely, accurately, truthfully and objectively reflect figures and situation of operations of credit institutions. For a number of financial report forms accompanied by explanations, the explained matters must be presented clearly and fully.

3. The general directors (directors) of credit institutions shall be responsible for the accuracy, completeness and truthfulness of the contents of their own units financial reports.

Article 3.- Forms of financial reports

Financial reports are presented in form of documents or data files on information carriers (magnetic tapes, discs, etc.) or transmitted via computer networks. Financial reports in both forms of documents and data files on information carriers or transmitted via computer networks must be consistent and match each other.

Article 4.- Sending and publicization of financial reports

1. Credit institutions shall have to send their financial reports to the State Bank strictly according to the procedures and deadlines prescribed in Articles 7 and 8 of this Regime.

2. Credit institutions shall have to send their financial reports to the relevant State management agencies according to the State’s current regulations.

3. The publicization or supply of figures from financial reports shall be made according to the current regulations.

Article 5.- Archival of financial reports

Written financial reports must be preserved and archived according to the current regulations on archival of accounting documents.

Part two

SPECIFIC PROVISIONS

Article 6.- Contents of the financial report system

1. The financial report system is composed of the following five forms:

2. The Central Credit Fund shall make the book-keeping account balance sheet (monthly, annual), annual accounting balance sheet, profit distribution report and financial report explanation (the grassroots people’s credit funds shall only make book-keeping account balance sheets and profit distribution reports).

3. The contents and methods of calculating norms on each financial report are specified in the forms enclosed with this Regime (not printed herein).

Article 7.- The time limit for making and sending financial reports

Credit institutions shall have to comply with the time limit for making and sending financial reports to the State Bank, which are prescribed as follows:

1. For monthly financial reports:

- For grassroots people’s credit funds, the Central Credit Fund and its branches: The deadline for sending the financial report of a month shall be the 5th day of the following month.

- For other credit institutions: The deadline for sending the financial report of a month shall be the 10th day of the following month.

2. For quarterly financial reports:

- For credit institutions: The deadline for sending the financial report of a quarter shall be the 20th day of the first month of the following quarter at the latest.

3. For annual financial reports:

- For grassroots people’s credit funds, the Central Credit Fund and its branches: The deadline for sending the financial report of a year shall be March 31 of the following year.

- For other credit institutions: The deadline for sending the financial report of a year shall be January 20 of the following year.

If the last day of the time limit for sending financial reports falls on a holiday, new year festival or weekend, such financial reports shall be sent on the working day following such holiday, new year festival or weekend.

Article 8.- Procedures for sending financial reports

1. Procedures for sending financial reports to the State Bank:

a/ In the provinces and centrally-run cities:

- Transaction bureaus of credit institutions, branches of credit institutions (including subsidiaries of foreign banks branches not yet transformed into foreign banks branches) shall send financial reports in written form and, at the same time transmit them via computer networks (or send floppy disks containing files thereof) to the State Bank’s branches in the provinces or centrally-run cities (where they are headquartered) within the time limit prescribed for each type of financial report.

- The State-run and people’s joint-stock credit institutions, cooperative credit institutions (other than people’s credit funds), joint-venture credit institutions, foreign banks branches in Vietnam, non-bank credit institutions with 100% foreign capital operating in Vietnam shall sum up figures of the entire system and send financial reports in written form, and at the same time transmit them via computer networks to the State Bank’s branches in the provinces and centrally-run cities (where they are headquartered) within the prescribed time limits.

- For cooperative credit funds being people’s credit funds:

+ Grassroots people’s credit funds and the Central Credit Fund’s branches shall send their financial reports in written form and transmit them via computer networks or on floppy disks (if conditions permit) to the State Bank’s branches in the provinces or centrally-run cities (sections for management of credit institutions or sections for general affairs and management of credit institutions), where they are headquartered.

+ In cases where the grassroots people’s credit funds send their financial reports in writing, the sections for general affairs and management of credit institutions (or sections for financial management of credit institutions) shall have to input those reports into computers, then send their files to informatics sections (teams, divisions) for subsequent transmission to the Department for Cooperative Credit Institutions through the Banking Information Technology Department.

b/ At the central level

- Periodically and within the prescribed time limits, the State-run credit institutions shall sum up figures of the entire system and send to the State Bank (the Bank Inspectorate) their financial reports in writing, and at the same time transmit them via computer networks (or send on floppy disks) to the Banking Information Technology Department.

The Bank Inspectorate shall duplicate the written financial reports received from the State-run credit institutions and send copies thereof to the Accountancy-Finance Department.

- Periodically and within the prescribed time limits, the Central People’s Credit Fund shall sum up figures supplied by its head office and branches, and send its financial reports in writing to the State Bank (the Department for Cooperative Credit Institutions), and at the same time transmit them via the computer network (or send on floppy disks) to the Banking Information Technology Department.

2. The procedures for sending financial reports within a credit institution shall be prescribed and guided by the general director (director) of such credit institution.

Article 9.- Responsibilities of credit institutions

Credit institutions, including their transaction bureaus, branches, representative offices and attached units applying the system of credit institutions book-keeping accounts shall have to:

1. Make and send fully and promptly their financial reports according to the provisions of this Regime.

2. Affix fully their signatures and their units seals on written financial reports in compliance with the regulations.

3. Encrypt, keep secret and transmit (send out) financial reports in form of data files on information carriers or via computer networks in strict compliance with the State Bank’s current regulations on transmission and reception of information and reports via networks or on magnetic tapes and disks.

4. Upon receiving the report-receiving units inquiries about erroneous financial reports, review and re-check such financial reports and, if errors are found, promptly correct them by canceling erroneous reports, and then make and send correct ones to the report-receiving units, enclosed with answers to such inquiries inscribed with "errors corrected". In cases where they detect by themselves errors in their financial reports, they shall have to correct them as guided above.

Article 10.- Responsibilities of the units attached to the State Bank

1. The State Bank’s branches in the provinces and centrally-run cities shall have to:

a/ Act as receivers of financial reports in written form and in data files via communication networks of credit institutions in their respective localities; inspect the numerical accuracy of the financial reports. Particularly for book-keeping account balance sheets, the comparison of the balance at the beginning of the reporting period with that at the end of the preceding period must be made to ensure consistency and truthfulness.

b/ After receiving, examining and comparing financial reports according to the regulations, if such financial reports are error-free, promptly process and transmit them to the Banking Information Technology Department. If errors are detected, request the reporting units to check, correct and re-transmit the financial reports for further transmission according to the regulations.

c/ Exploit figures and situations supplied in financial reports to serve the performance of tasks and exercise of powers provided for by the State Bank Governor; manage and archive written financial reports.

2. The Banking Information Technology Department shall have to:

a/ Act as a coordinator to organize and receive financial reports transmitted by credit institutions, the State Bank�s branches in the provinces and centrally-run cities via computer networks (or sent on floppy disks); organize the safe and confidential archival of financial reports data.

b/ Check the numerical accuracy of financial reports; sum up norms on financial reports according to the exploitation and use demands of the concerned departments and functional units attached to the State Bank.

c/ Guide credit institutions, the State Bank’s branches in the provinces and centrally-run cities and the departments and functional units attached to the State Bank in carrying out the transmission, reception and exploitation of financial reports data on the computer networks according to the regulations.

d/ Ensure the uninterrupted, prompt, accurate, safe and confidential transmission of information.

3. The Accountancy-Finance Department shall have to guide the implementation of this Regime.

4. Basing themselves on their respective functions and tasks prescribed by the State Bank Governor, the departments and concerned units attached to the State Bank shall register with the Banking Information Technology Department for access to on-line financial reports according to their specific demands and shall be responsible for managing and using them within their respective units.

Part three

IMPLEMENTATION PROVISIONS

Article 11.- The amendment and supplement to this Regime shall be decided by the State Bank Governor.

SYSTEM OF FINANCIAL STATEMENTS FORMS OF CREDIT INSTITUTIONS
(issued in conjunction with the Decision No. 1145/2002/QD-NHNN dated 18 October, 2002 of the Governor of the State Bank of Vietnam)

THE STATEMENT OF ACCOUNTS
Month....year....

A. ON - BALANCE SHEET ACCOUNTS

Unit: VND

B. OFF - BALANCE SHEET ACCOUNTS

Date:....................

THE WAY TO PREPARE THE STATEMENT OF ACCOUNTS

1. The nature and purpose of the statement of accounts:

The statement of accounts is a consolidated financial statement that represents the operating turnovers, the beginning balance, closing balance of all accounts from level III to level I in the same reporting period. The statement of accounts shall be made monthly, annually.

The data in the statement of accounts shall be the basis for the examination of book entries in the consolidated accounting book, at the same time, for the reconciliation and verification of the data of other financial statements.

2. The statement of accounts shall be made for the on and off balance sheet accounts. Based on the detailed statement of accounts, the statement of accounts up to level III shall be prepared monthly (or annually).

Following provisions shall be taken into account when the statement of accounts is prepared:

- If balances of level III accounts exceed the debit and credit balance, those in the statement of account shall be preserved and not be set off.

- The total debit turnover in the period must be equal to the total credit turnover in the same period: The total debit balance at the beginning of a period must be equal to the total credit balance in the beginning of the same period; The total debit balance at the end of a period must be equal to the total credit balance at the end of the same period.

- For the annual statement of accounts: the turnover in the period must be equal to turnover in 12 months of 12 monthly-accrued statement of accounts.

THE BALANCE SHEET
Quarter (or year)....

Unit: VND

Note: Items with star mark (***), the data are presented with negative number (-)

items in the off balance sheet accounts

Date:..............................

THE WAY TO PREPARE THE BALANCE SHEET

1. The nature and purpose of the balance sheet:

The balance sheet of credit institutions is a consolidated financial statement that reflects generally the value of all existing assets and sources creating those assets of credit institutions at the determined time. The data in the balance sheet represents the value of all existing assets by their structur and sources creating those assets. Then the financial situation of credit institutions shall be commented, valued generally at the reporting time.

2 The structure of the balance sheet:

The balance sheet shall be divided in 02 parts: Assets and Sources.

Assets reflect the value of all existing assets of credit institutions at the reporting time by their structure and their form of existence in the process of business activities of credit institutions.

Sources reflect the sources that have created the existing assets of credit institutions at the reporting time.

3. Database for the preparation of the balance sheet:

- Based on the data in the detailed accounting books and Ledges

- Based on the statement of accounts of previous period and current period.

4. Contents and method for calculating and presenting items in the balance sheet in accordance with stipulated form.

PROFITS/LOSSES STATEMENT

Quarter (or year)....

Part I – Profits, losses

Part II. Performance of obligations to the State Budget

Unit: VND

Credit institutions shall prepare this form in accordance with current guidance of the Ministry of Finance and General Department of Taxation.

Date:..............................

THE WAY TO PREPARE PROFITS/LOSSES STATEMENT

1.The profits/losses statement is a financial statement that generally reflects performance and business results in one accounting period and forms the basis for the examination, following up performance of financial receipt and payment plan of the reporting unit.

2. The structure of the profits/losses statement:

The consolidated profits/losses statement includes 02 parts:

Part I. "Profits, Losses", which reflecs the performance and result of business activities of credit institutions.

Part II. "Performance of obligations to the State Budget", which reflects the performance of obligations such as taxes, fees and charges and other payables to the State.

3. Basis for the preparation of the statement:

- The profit and loss statement of the previous period.

- The credit balance at the end of the reporting period in accounting books of accounts of category 7 “Receipts” and the debit balance at the end of the reporting period on accounting books of accounts of category 8 “Expenditures”.

4. Contents and mode of preparation of items/criteria in the profit and loss statement: The data in column 4 (part I) shall be the accrued amount from the beginning of the year in respect of quarter statement and the realized amounts of the year in respect of annual statement.

THE CASH FLOW STATEMENT
(under direct method)

Note: If the data is a negative number that shall be stated in form between brackets: (***).

................, Date:..................

METHOD OF PREPARING THE CASH FLOW STATEMENT
(under indirect method)

I. NATURE AND MEANING OF THE CASH FLOW STATEMENT:

The cash flow statement is the consolidated financial statement reflecting the formation and use of cash arising in the reporting period of the Credit Institution through which the user can assess the ability to create cash, changes of net assets of the Credit Institution, financial structure, the liquidity of the Credit Institution and estimate and predict the cash flow of the next period.

II. CONTENT AND METHOD OF PREPARING THE CASH FLOW STATEMENT:

1. Contents: the cash flow statement shall include 3 parts:

- Cash flow from business activities;

- Cash flow from investment activities;

- Cash flow from financial activities.

* Cash flow from business activities reflects the total cash flow received and expensed that directly relate to business activities of the Credit Institution (which are main activities generating revenues, and which are not financial or investment activities).

* Cash flow from investment activities reflects the total cash flow received and expensed that directly relate to investment activities of the Credit Institution such as the purchase or sale of long-term assets and other investments, which do not include cash and cash-equivalents.

* Cash flow from financial activities reflects the total cash flow received and expensed that directly relate to financial activities of the Credit Institution such as capital contribution, receipt of join venture capital, etc.

2. Preparation of cash flow statement under the indirect method:

2.1. General principles: the cash flow statement shall be prepared under the indirect method by adjustment of pre-tax profits arising from business activities in order to separate them from the influence of operations where cash are not directly collected or expensed, which have made income increased or decreased, to exclude profits arisen, losses incurred from investment activities and financial activities, which have already been charged to pre-tax profits, to adjust several items of operating assets and liabilities.

2.2. Bases for preparation: the cash flow statement shall be prepared on the following bases:

- The profit and loss statement;

- The balance sheet;

- Other documents (such as the detailed accounting book, the report on contribution, depreciation, detailed documents on purchase and sale of fixed assets, payment of loan interests, etc.)

2.3. Method of preparation of detailed items:

Part I- Cash flow from business activities

Pre-tax profits (code No. 01):

This item shall derive from the profit and loss statement. If data in this item is negative (loss), it shall be recorded in the parenthesis: (***)

Adjusted for following items:

- Depreciation of fixed assets (code No. 02): Data of this item shall be prepared on the basis of the balance in the reporting period of the Account 861 or the Difference between the closing debit balance and the opening debit balance of the reporting period of the Account 861. This data shall be added to the item "Pre-tax profits".

- Provisions (code No. 03): data to be recorded in this item shall be prepared on the basis of total difference between the closing balance and the beginning balance of Provisions Accounts: 119, 129, 139, 209, 219, etc. Data of this item shall be added to data of the item "Pre-tax profits" if the closing balance is greater than the beginning balance and shall be substracted from data of the item "Pre-tax profits" if the closing balance is smaller than the beginning balance and shall be recorded as a negative figure in the parenthesis: (***).

- Profits, losses from liquidation of fixed assets (code No. 04): Data of this item shall be based on receipts from sale, liquidation of fixed assets substracted (-) by the remaining value of fixed assets upon liquidation. Data of this item shall be substracted from the item "Pre-tax profits", and recorded as a negative figure in parenthesis: (***) ,if there is ar profis or added to that item if there is a loss.

- Profits, losses from reassessment of assets and foreign currency translation (code No. 05): Data of this item shall be prepared on the basis of the detailed accounting book of the Account 63 "difference from assets revaluation", the profit (loss) from assets valuation in the reporting period shall, before being transferred into the Account income/expense, be substracted from data of the item "Pre-tax income" and recorded as a negative figure in parenthesis: (***), if there is a profit or added to that item if there is a loss.

- Profits, losses from the sale of securities (code No. 06): Data of this item shall be prepared on the basis of actual receipts and the book value of securities in the reporting period. Data of this item shall be substracted from data of the item "Pre-tax income" and recorded as a negative figure in parenthesis: (***) if there is a profit or added to that item, if there is a loss.

- Interests gained from securities investment (code No. 07): the amount of interests to be enjoyed at the maturity of securities in the reporting period.

- Profits, losses from investment in other units (code No. 08): Data of this item shall be prepared on the basis of difference between the amount received upon sale of the investment in other units and its book value book; interests received in the period from contributions to join venture, shares purchase. Data of this item shall be subtracted from data of the item "Pre-tax income" and recorded as a negative figure in parenthesis: (***), if there is a profit or added to that item if there is a losss.

- Other adjustments (code No. 09): shall be used to adjust data of other profits, losses not arising from business activities.

Business profits in face of changes of assets and performing debts (code No. 10):

The item "Business profits in face of changes of assets and performing debts" shall reflect the cash flow generated from business activities in the reporting period, which is excluded of the influence of non-cash incomes and expenses , but not yet taking into account of the changes of elements in assets and performing debts.

This item shall be prepared on the basis of pre-tax profit with the addition (or subtraction) of following adjustments:

- (Increase)/decrease of operating assets: data of items in this part shall be determined on the basis of the difference of data of corresponding items in current and previous periods of the Balance sheet and be substracted from data of the item "Business profit in face changes of assets and performing debts" and recorded as a negative figure in parenthesis: (***) if there is an increase (current amount > previous amount), or added to that item if there is a decrease (current amount < previous amount). Details as follows:

+  (Increase)/Decrease of deposits in other credit institutions (code No. 11): Data of this item shall be prepared on the basis of the difference between data of the item "Deposits at credit institutions in the country and abroad" of the Balance sheet in current and previous periods subtracted by deposits with term to maturity of under 90 days from the date of preparing the report.

+  (Increase)/Decrease of loans to other credit institutions (code No. 12): Data of this item shall be based on the difference between the amounts of current and previous periods of the item "Loans to other credit institutions" in the Balance Sheet.

+  Increase)/Decrease of loans to customers (code No. 13): Data of this item shall be based on the difference between the amounts of current and previous periods "Loans to domestic economic organizations, individuals" in the Balance Sheet.

+  Increase)/Decrease of expected collection of interests (code No. 14): Data of this item shall be based on the difference between the amounts of current and previous periods of the item "Expected collection of accumulated interests" in the Balance Sheet.

+  (Increase)/Decrease of other operating assets (code No. 15): Data of this item shall be based on the difference between the amounts of current and previous periods of three items: "Other assets", "Receivables" and "Other credit assets" in the Balance Sheet.

- Increase/(Decrease) of performing debts: data of items shall be determined on the basis of the difference between the amounts of current and previous periods of corresponding items in the Balance Sheet and added to data of the item "Business profits in face of assets and performing debts", if there is an increase (current amount > previous amount) and recorded as a negative figure in parenthesis: (***). Details as follows:

+ Increase/(Decrease) of deposits of other credit institutions (code No. 16): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the two items "Deposits of the State Treasury" (if any) and "Deposits of other credit institutions" in the Balance Sheet.

+ Increase/(Decrease) of deposits of customers (code No. 17): Data of this item shall be prepared on the difference between the amounts of current and previous periods of the item "Deposits of economic organizations, residents" in the Balance Sheet.

+ Increase/(Decrease) of expected payment of interests (code No. 18): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the item "Expected payment of accumulated interests" in the Balance Sheet.

+ Increase/(Decrease) of issued valuable papers (code No. 19): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the item "Issue of valuable papers" in the Balance Sheet.

+  Increase/(Decrease) of borrowings from the State Bank (code No. 20): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the item "Borrowings from the State Bank" in the Balance Sheet.

+  Increase/(Decrease) of borrowings from other credit institutions in the country and abroad (code No. 21): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the two items "Borrowing from domestic credit institutions" and "Borrowing from credit institutions in foreign countries" the Balance Sheet.

+  Increase/(Decrease) of Assistance Fund entrusted for investment (code No. 22): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the item "Assistance Fund entrusted for investment" in the Balance Sheet.

+  Increase/(Decrease) of the receipt of funds for co-financing (code No. 23): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the item "Receipt of funds for co-financing" in the Balance Sheet.

+  Increase/(Decrease) of other operating debts (code No. 24): Data of this item shall be prepared on the basis of the difference between the amounts of current and previous periods of the two items "Payables" and "Other Liabilities" in the Balance Sheet.

Net cash before enterprise income tax from business activities (code No. 30): the item "Net cash before enterprise income tax from business activities" reflects the difference between the total receipts and expenses from business activities in the reporting period (prior to the payment of enterprise income tax and expenditure from Funds by the credit institution).

Data of this item shall be calculated by summing up data of items of code No. 10 to code No. 24. In case where data in this item is negative, it shall be recorded in parenthesis (***).

- Enterprise income tax paid (code No. 31) shall be based on the amount for payment of enterprise income tax in the period.

- Expenditure from Funds of the credit institution (code No. 32) shall be based on the amount expensed from Funds of the credit institution in the period.

Net cash flow from business activities (code No. 40): the item "Net cash flow from business activities" reflects the net cash derived from business activities.

Data of this item shall be calculated by summing up data of items of code No. 30 to code No. 32. If data of this item is negative, it shall be recorded in parenthesis (***).

Part II- Cash flow from investment activities:

- Purchase of fixed assets at original costs (code No. 41): Data of this item shall be prepared on the amount of cash expensed in the period to procure fixed assets (at original costs) and shall be recorded as negative figures in parenthesis (***).

- Receipts from sale, liquidation of fixed assets (code No. 42): Data of this item shall be prepared on the basis of amounts collected by the unit from liquidation, disposal of fixed assets in the period.

- Amounts for purchase of securities (code No. 43): Data of this item shall be prepared on the basis of the amounts used to buy securities. This data shall derive from arising debits of Accounts 115, 116, 123, 133 and shall be recorded as negative figures in parenthesis (***).

- Contribution to joint venture, purchase of shares (code No. 46): Data of this item shall be based on amounts expensed in the period for contribution to joint venture, purchase of shares. This data shall be based on arising debits arising of Accounts 134, 135 and shall be recorded as negative figures in parenthesis (***).

- Amounts collected from contributions to joint venture, purchase of shares (code No. 47): Data of this item shall be prepared on the basis of amounts that the unit collect from contributions to join venture, purchase of shares.

- Receipts of interests from capital contributions, shares purchase (code No. 48): Data of this item shall be based on the annual balance of the Account 721. This data shall derive from the difference between the closing credit balance and the beginning credit balance of the Account 721.

- Other investment activities (code No. 49): Data of this item shall be based on the receipts or expenditures in the period for other investment activities of the unit.

Net cash flow from investment activities (code No. 50):

The item " Net cash flow from investment activities" reflects the difference between the total receipts and total expenses from investment activities in the reporting period.

Data of this item shall be summed up from items of code No. 41 to code No. 49. If this data is negative, it shall be recorded in parenthesis (***).

Part III- Cash flow from financial activities:

- Increase/(Decrease) of share capital (code No. 51): Data of this item shall be prepared on the basis of amounts received in the period from sale of shares or the payment of shares made to parties of the joint venture, share holders.

- Interests paid to investors of the credit institution (code No. 52): this item shall be prepared on the total payments of interests to parties of the joint venture, shareholders.

- Other financial activities (code No. 53): data of this item shall reflect the amount paid or received by the unit in the period for other financial activities of the unit.

Net cash flow from financial activities (code No. 60)

The item "net cash flow from financial activities" shall reflect the difference between the total receipts from and expenses for financial activities in the reporting period.

Data of this item shall be calculated by summing up items of code No. 51 to code No. 53. If this data is negative, it shall be recorded in parenthesis (***).

Net cash flow in the period (code No. 70)

The item "Net cash flow in the period" shall reflect the difference between the total receipts from and expenses for all activities in the reporting period.

Data of this item shall be the sum of items in Part I + Part II + Part III (code No. 70 = code No. 40 + code No. 50 + code No. 60)

If this data is negative, it shall be recorded in parenthesis (***).

Data of this item must be equal to the difference between the items with code No. 90 and code No. 80 (corresponding to the increase/(decrease) of the item "cash and cash equivalent" between the beginning and the end of the reporting period).

Cash and cash equivalent at the beginning of the period (code No. 80):

Data of this item shall be prepared on the basis of the item: "Cash and cash equivalent at the end of the period" in the Cash Flow Statement of the previous period.

Cash and cashequivalent at the end of the period (code No. 90):

Data of this item shall be prepared on the basis of the two items: "Cash in vault"; "Deposits at the State Bank" in the Balance Sheet, inclusive of items "Deposits at other credit institutions" which comprise of demand deposits and that with term to maturity under 90 days from the date of preparing the report.

Supplemental interpretation of the cash flow statement

Cash and cash equivalent shall be determined on the basis of the current amount of cash (in vault, in transfer), balances of checking accounts at the State Bank and other credit institutions comprising of demand deposits and that with term to maturity of under 90 days from the date of preparing the financial statements

NOTES TO THE FINANCIAL STATEMENT
Quarter............Year..........

I- BUSINESS CHARACTERISTICS OF CREDIT INSTITUTIONS

1. Establishment and operation licence, the term of validity:

2. Form of capital ownership

3. Members of the Board of Directors (Name, position of each member)

4. Member of the Board of Management (Name, position of each member)

5. Head office: Number of branches:.......Number of subsidiaries:.......

6. Total of officers, staff.

II- SOME OPERATING ACTIVITIES OF CREDIT INSTITUTIONS (UNIT: VND MILLION)

1. Increase, decrease of fixed assets

2. Personnel income (annual)

3. Overdue debts of credit institutions

4. Increase, decrease in the sources and use of funds

Date:..................

REPORT ON THE RESULTS OF PROFITS DISTRIBUTION
Year.....

Unit: VND million

...., Date........

THE WAY TO DERIVE THE DATA:

-  Colunm (1) The People Credit Funds shall derive the data on the basis of business plan

-  Colunm (2) The People Credit Funds shall derive the actual data stated in appropriate accounting books

- Section (I) Credit Funds shall derive the total credit balance in accounts of category 7 of the statement of accounts

- Section (II) Credit Funds shall devire the debit balance in accounts of category 8 of the statement of accounts