Explanation of financial reporting


Carrying out the review audit  has been clarified stock status. Audit pointed out the shortcomings in the stock. Based on the review audit has been discovered  the following;

* Dispose of materials due to their usage and storage time and for non-compliance storage conditions to  the amount of 76,653 LVL

* Bad accounts receivable write-off amounting LVL 7660

By eliminating the shortcomings outlined during the audit process, current year profit has declined by 84 313 LVL.

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