MSN - Bao Cao Tai Chinh Kiem Toan Nam 2013

Cng ty C phn Tp on Ma San v
cc cng ty con
Bo co ti chnh cho nm kt thc
ngy 31 thng 12 nm 2013

Cng ty C phn Tp on Ma San
Thng tin v Cng ty
1
Giy Chng nhn ng k
Kinh doanh s 0303576603 ngy 4 thng 12 nm 2013

Giy Chng nhn ng k Kinh doanh ca Cng ty c
iu chnh nhiu ln, ln iu chnh gn nht l ngy 4 thng
12 nm 2013. Giy Chng nhn ng k Kinh doanh v cc
iu chnh do S K hoch v u t Thnh ph H Ch
Minh cp. Giy Chng nhn ng k kinh doanh ln u
tin s 4103002877 c cp ngy 18 thng 11 nm 2004.

Hi ng Qun tr Tin s Nguyn ng Quang Ch tch
ng H Hng Anh Ph Ch tch
ng Madhur Maini Thnh vin
B Nguyn Hong Yn Thnh vin
ng Nguyn Thiu Nam Thnh vin
ng Lars Kjaer Thnh vin

Tr s ng k Phng 802, Ta nh Central Plaza
17 L Dun
Phng Bn Ngh, Qun 1
Thnh ph H Ch Minh
Vit Nam

Cng ty kim ton Cng ty TNHH KPMG
Vit Nam

3
BO CO KIM TON C LP

Knh gi cc C ng
Cng ty C phn Tp on Ma San

Chng ti kim ton bo co ti chnh ring v hp nht nh km ca Cng ty C phn Tp on Ma
San (Cng ty) v cc cng ty con (sau y gi chung l Tp on), bao gm bng cn i k ton
ring v hp nht ti ngy 31 thng 12 nm 2013, bo co kt qu hot ng kinh doanh v bo co lu
chuyn tin t ring v hp nht lin quan cho nm kt thc cng ngy v cc thuyt minh km theo c
Ban Gim c Cng ty ph duyt pht hnh ngy 31 thng 3 nm 2014, c trnh by t trang 5 n
trang 95.

Trch nhim ca Ban Gim c i vi bo co ti chnh

Ban Gim c Cng ty chu trch nhim lp v trnh by trung thc v hp l bo co ti chnh ny theo
cc Chun mc K ton Vit Nam, Ch K ton Vit Nam v cc quy nh php l c lin quan n
vic lp v trnh by bo co ti chnh, v chu trch nhim i vi h thng kim sot ni b m Ban
Gim c xc nh l cn thit m bo vic lp bo co ti chnh hp nht khng c sai st trng yu
do gian ln hay nhm ln.

Trch nhim ca n v kim ton

Trch nhim ca chng ti l a ra kin v bo co ti chnh ny da trn kt qu kim ton ca chng
ti. Chng ti thc hin cng vic kim ton theo cc Chun mc Kim ton Vit Nam. Cc chun
mc ny yu cu chng ti tun th chun mc v cc quy nh v o c ngh nghip v lp k hoch
v thc hin cuc kim ton t c s m bo hp l v vic liu bo co ti chnh hp nht c cn
sai st trng yu hay khng.

Cng vic kim ton bao gm vic thc hin cc th tc nhm thu thp cc bng chng kim ton v cc
s liu v cc thuyt minh trong bo co ti chnh. Cc th tc c la chn da trn xt on ca kim
ton vin, bao gm nh gi ri ro c sai st trng yu trong bo co ti chnh do gian ln hoc nhm ln.
Khi thc hin cc nh gi ri ro ny, kim ton vin xem xt kim sot ni b ca n v lin quan ti
vic lp v trnh by bo co ti chnh trung thc v hp l nhm thit k cc th tc kim ton ph hp
vi tnh hnh thc t, tuy nhin khng nhm mc ch a ra kin v hiu qu ca kim sot ni b ca
n v. Cng vic kim ton cng bao gm vic nh gi tnh thch hp ca cc chnh sch k ton c
p dng v tnh hp l ca cc c tnh k ton ca Ban Gim c, cng nh nh gi vic trnh by tng
th bo co ti chnh.

Chng ti tin rng cc bng chng kim ton m chng ti thu c l y v thch hp lm c s cho
kin kim ton ca chng ti.

Cng ty C phn Tp on Ma San v cc cng ty con
Bng cn i k ton ti ngy 31 thng 12 nm 2013
Mu B 01 DN/HN
Cc thuyt minh nh km l b phn hp thnh ca cc bo co ti chnh ny
5
Tp on Cng ty
M Thuyt 31/12/2013 31/12/2012 31/12/2013 31/12/2012
s minh Triu VND Triu VND Triu VND Triu VND

TI SN

Ti sn ngn hn
(100 = 110 + 120 + 130 + 140 + 150) 100 11.198.630 9.221.223 12.352.670 2.643.573

Tin v cc khon tng ng tin 110 6 5.698.563 5.718.717 1.379.279 2.160.026
Tin 111 203.577 151.205 11.831 9.484
Cc khon tng ng tin 112 5.494.986 5.567.512 1.367.448 2.150.542

u t ngn hn 120 13 3.287.000 1.840.500 - 68.000

Cc khon phi thu 130 7 975.138 942.881 10.893.087 376.179
Phi thu khch hng 131 351.434 121.300 - -
Tr trc cho ngi bn 132 360.236 475.436 139.141 117.773
Phi thu khc 135 265.252 346.523 10.753.946 258.406
D phng phi thu kh i 139 (1.784) (378) - -

Hng tn kho 140 8 1.070.334 563.855 - -
Hng tn kho 141 1.091.073 575.846 - -
D phng gim gi hng tn kho 149 (20.739) (11.991) - -

Ti sn ngn hn khc 150 167.595 155.270 80.304 39.368
Chi ph tr trc ngn hn 151 28.718 27.492 489 496
Thu gi tr gia tng c khu tr 152 100.506 105.858 46.866 30.243
Ti sn ngn hn khc 158 38.371 21.920 32.949 8.629

Bng cn i k ton ti ngy 31 thng 12 nm 2013 (tip theo)
Mu B 01 DN/HN
6
Tp on Cng ty
M Thuyt 31/12/2013 31/12/2012 31/12/2013 31/12/2012

Ti sn di hn
(200 = 210 + 220 + 250 + 260) 200 35.303.511 29.478.033 19.375.093 23.197.560

Cc khon phi thu di hn 210 7 450.183 23.158 2.875.015 1.658.406
Phi thu di hn khc 218 450.183 23.158 2.875.015 1.658.406

Ti sn c nh 220 23.121.361 17.728.751 81.122 84.437
Ti sn c nh hu hnh 221 9 1.731.429 1.547.311 68.036 11.707
Nguyn gi 222 2.457.614 2.040.428 92.565 17.698
Gi tr hao mn ly k 223 (726.185) (493.117) (24.529) (5.991)
Ti sn c nh hu hnh thu ti
chnh 224 10 58.327 - - -
Nguyn gi 225 67.300 - - -
Gi tr hao mn ly k 226 (8.973) - - -
Ti sn c nh v hnh 227 11 1.288.672 863.516 3.065 1.102
Nguyn gi 228 1.597.069 1.028.783 4.214 1.566
Gi tr hao mn ly k 229 (308.397) (165.267) (1.149) (464)
Xy dng c bn d dang 230 12 20.042.933 15.317.924 10.021 71.628

u t di hn 250 13 10.761.467 11.313.619 16.355.220 21.423.058
u t vo cc cng ty con 251 - - 7.422.796 12.490.634
u t vo cc cng ty lin kt 252 10.757.867 10.948.119 8.932.424 8.932.424
u t di hn khc 258 3.600 365.500 - -

Ti sn di hn khc 260 970.500 412.505 63.736 31.659
Chi ph tr trc di hn 261 14 403.353 97.060 53.311 21.346
Ti sn thu thu nhp hon li 262 15 87.572 36.035 - -
Ti sn di hn khc 268 42.456 30.778 10.425 10.313
Li th thng mi 269 16 437.119 248.632 - -

TNG TI SN (270 = 100 + 200) 270 46.502.141 38.699.256 31.727.763 25.841.133

Bng cn i k ton ti ngy 31 thng 12 nm 2013 (tip theo)
Mu B 01 DN/HN
7
Tp on Cng ty
M Thuyt 31/12/2013 31/12/2012 31/12/2013 31/12/2012

NGUN VN

N PHI TR (300 = 310 + 330) 300 23.240.644 18.994.871 17.472.541 10.020.279

N ngn hn 310 9.783.892 4.748.364 3.684.322 473.329
Vay v n ngn hn 311 17 6.635.910 1.793.384 2.311.300 -
Phi tr ngi bn 312 942.375 973.856 9.286 1.854
Ngi mua tr tin trc 313 22.163 14.490 - -
Thu v phi np Nh nc 314 18 483.421 608.893 386 -
Phi tr nhn vin 315 20.387 12.480 - -
Chi ph phi tr 316 19 1.578.366 1.300.931 479.911 471.475
Phi tr khc 319 20 101.270 44.330 883.439 -

Vay v n di hn 330 13.456.752 14.246.507 13.788.219 9.546.950
N di hn khc 333 20 234.688 737.832 1.812.997 2.170.428
Vay v n di hn 334 21 12.067.096 12.647.177 11.975.222 7.376.522
Thu thu nhp hon li phi tr 335 15 1.151.716 860.117 - -
D phng di hn 337 22 3.252 1.381 - -

VN CH S HU (400 = 410) 400 14.432.969 13.883.837 14.255.222 15.820.854

Vn ch s hu 410 23 14.432.969 13.883.837 14.255.222 15.820.854
Vn c phn 411 24 7.349.113 6.872.801 7.349.113 6.872.801
Thng d vn c phn 412 24 9.601.627 7.999.167 9.601.627 7.999.167
Vn khc ca ch s hu 413 25 97.703 1.721.824 97.703 1.721.824
Chnh lch t gi hi oi 416 (43.098) (16.128) - -
Vn khc 418 (8.929.770) (8.619.479) (1.586.675) (530.235)
Li nhun cha phn phi 420 6.357.394 5.925.652 (1.206.546) (242.703)

LI CH C NG THIU S 439 8.828.528 5.820.548 - -

TNG NGUN VN
(440 = 300 + 400 + 439)
440 46.502.141 38.699.256 31.727.763 25.841.133

Bo co kt qu hot ng kinh doanh cho nm kt thc ngy 31 thng 12 nm 2013
Mu B 02 DN/HN
9
Tp on Cng ty
M Thuyt 2013 2012 2013 2012

Tng doanh thu 01 26 12.105.989 10.575.249 - -

Cc khon gim tr 02 26 163.456 185.835 - -

Doanh thu thun (10 = 01 02) 10 26 11.942.533 10.389.414 - -
Gi vn hng bn 11 27 6.943.196 6.178.926 - -
Li nhun gp (20 = 10 11) 20 4.999.337 4.210.488 - -
Doanh thu hot ng ti chnh 21 28 664.121 809.824 1.239.232 1.221.639
Chi ph ti chnh 22 29 606.785 309.385 1.868.462 1.325.744
Trong : Chi ph li vay 23 417.378 279.176 1.440.376 955.620
Chi ph bn hng 24 1.981.587 1.325.121 - -
Chi ph qun l doanh nghip 25 889.580 727.529 337.596 258.602

Li nhun/(l) thun t hot ng
kinh doanh
{30 = 20 + (21 - 22) - (24 + 25)}
30 2.185.506 2.658.277 (966.826) (362.707)
Thu nhp khc 31 30 105.808 214.517 2.983 142.453
Chi ph khc 32 31 85.089 46.474 - -

Kt qu ca cc hot ng khc
(40 = 31 - 32)
40

20.719 168.043 2.983 142.453
L t cc cng ty lin kt 41 32 (192.781) (337.798) - -
Li nhun/(l) trc thu
(50 = 30 + 40 + 41)
(mang sang trang sau)
50 2.013.444 2.488.522 (963.843) (220.254)

Bo co lu chuyn tin t cho nm kt thc ngy 31 thng 12 nm 2013
(Phng php gin tip)
Mu B 03 DN/HN
11

Thuyt
minh
Tp on Cng ty
M 2013 2012 2013 2012
s Triu VND Triu VND Triu VND Triu VND

LU CHUYN TIN T HOT NG KINH DOANH

Li nhun/(l) trc thu 01 2.013.444 2.488.522 (963.843) (220.254)
iu chnh cho cc khon
Khu hao v phn b 02 488.632 349.906 32.657 10.797
Cc khon d phng 03 37.958 34.492 - -
Chnh lch t gi hi oi cha
thc hin 04 18.906 (204) - -
L t thanh l ti sn c nh v ti
sn di hn khc 05 7.521 4.911 - -
L t ti sn di hn c xa s 05 343 - - -
Thu nhp li t tin gi v duy tr
hn mc vay 05 (391.541) (789.189) (1.231.138) (1.221.572)
Bt li thng mi t vic hp nht
kinh doanh 05 5 (213.963) - - -
Chi ph li vay v ph duy tr hn
mc vay 06 417.378 279.176 1.713.259 1.302.041
L t cc cng ty lin kt 07 192.781 337.798 - -

Li nhun/(l) t hot ng kinh
doanh trc nhng thay i vn
lu ng
08 2.571.459 2.705.412 (449.065) (128.988)

Bin ng cc khon phi thu
v ti sn ngn hn khc 09 (239.025) 169.869 (1.278) 228.653
Bin ng hng tn kho 10 (485.440) 8.195 - -
Bin ng cc khon phi tr v n
khc 11 47.826 219.840 73.961 (482.637)

1.894.820 3.103.316 (376.382) (382.972)
Tin li vay tr 13 (1.351.905) (745.684) (497.586) (243.736)
Thu thu nhp doanh nghip np 14 (830.677) (317.354) - -
Tin chi khc cho hot ng kinh
doanh 16 (28.160) (9.245) - -

Lu chuyn tin thun t cc hot
ng kinh doanh
20 (315.922) 2.031.033 (873.968) (626.708)

(Phng php gin tip tip theo)
Mu B 03 DN/HN
12

Thuyt
minh
Tp on Cng ty
M 2013 2012 2013 2012

LU CHUYN TIN T HOT NG U T

Tin chi mua ti sn c nh v ti
sn di hn khc 21 (3.840.386) (5.785.098) (18.003) (69.354)
Tin thu t thanh l ti sn c nh
v ti sn di hn khc 22 1.573 2.023 - -
Khon vay cp cho cc cng ty con 23 - - (2.617.558) (2.028.000)
Tin thu hi cc khon vay t cc
cng ty con 23 - - 930.000 4.028.000
Khon vay cp cho bn th ba 23 (424.788) - - -
Tin gi c k hn ti ngn hng 24 (43.406.557) (32.720.670) - (68.000)
Tin gi c k hn nhn c 24 42.325.557 31.364.170 68.000 -
Tin chi cho u t vo cng ty lin
kt 25 - (2.015.748) - -
Tin chi cho u t vo cc cng ty
con v cc n v khc 25 (639.046) (2.054.692) (1.881.403) (1.932.647)
Tin chi cho u t tri phiu

25 - (48.000) - (48.000)
Tin thu t bn mt cng ty con cho
mt cng ty con khc 26 - - - 10
Tin thu t bn li ch kinh t ca
cng ty con cho mt bn th ba 26 13 1.061.862 - - -
Tin thu t u t tri phiu 26 - 421.000 - 421.000
Tin thu t li tin gi v c tc 27 484.084 764.282 57.669 309.369

ng u t
30 (4.437.701) (10.072.733) (3.461.295) 612.378

(Phng php gin tip tip theo)
Mu B 03 DN/HN
13

Thuyt
minh
Tp on Cng ty
M 2013 2012 2013 2012

LU CHUYN TIN T HOT NG TI CHNH

Tin thu t pht hnh c phiu 31 178.608 411.000 178.608 411.000
Tin thu t vn gp ca c ng
thiu s vo cc cng ty con 31 3.274.210 12.500 - -
Tin thu t pht hnh cc cng c
vn ch s hu 31 - 2.707.640 - 2.707.640
Tin chi mua li cc cng c vn
ch s hu 32 (3.490.092) (4.634.395) (3.490.092) (4.634.395)
Tin thu t vay ngn hn v di hn 33 11.882.530 8.749.029 6.910.000 2.200.000
Tin chi tr n gc vay cho ngn
hng v cc n v khc 34 (7.011.216) (3.009.517) - -
Tin chi tr cho chi ph i vay 36 (74.448) (20.625) (44.000) (20.625)
Tin chi tr c tc cho c ng
thiu s ca mt cng ty con 36 (24.876) (25.988) - -

ng ti chnh
40 4.734.716 4.189.644 3.554.516 663.620
Lu chuyn tin thun trong nm
(50 = 20 + 30 + 40)
50 (18.907) (3.852.056) (780.747) 649.290
Tin v cc khon tng ng tin
u nm
60 5.718.717 9.573.593 2.160.026 1.510.736
nh hng ca thay i t gi hi
oi i vi tin v cc khon tng
ng tin
61 (1.247) (2.820) - -
Tin v cc khon tng ng tin
cui nm (70 = 50 + 60 + 61)
70 6 5.698.563 5.718.717 1.379.279 2.160.026

Thuyt minh bo co ti chnh cho nm kt thc ngy 31 thng 12 nm 2013
Mu B 09 DN/HN
15
Cc thuyt minh ny l b phn hp thnh v cn c c ng thi vi cc bo co ti chnh nh km.

1. n v bo co
Cng ty C phn Tp on Ma San (Cng ty) l cng ty c phn c thnh lp ti Vit Nam. Hot
ng chnh ca Cng ty l t vn qun l v t vn u t.

Bo co ti chnh hp nht bao gm Cng ty v cc cng ty con (c gi chung l Tp on).

Cc hot ng chnh ca cc cng ty con c m t nh sau:

Tn cng ty Hot ng chnh T l li ch kinh t ti
31/12/2013 31/12/2012

Cng ty TNHH Mt Thnh Vin
MasanConsumerHoldings (trc y l Cng ty
TNHH Mt Thnh Vin T vn Hoa Bng Lng)
T vn qun l 100% 100%

Cng ty TNHH Mt Thnh Vin T vn
Hoa Phong Lan
T vn qun l 100% 100%

Cng ty TNHH Mt Thnh Vin T Vn Hoa
ng Tin (*)
T vn qun l (*) 100%

Hoa Thc Dc (*)
T vn qun l (*) 100%

Cng ty C phn Hng Tiu Dng Ma San Kinh doanh v phn phi 74,2% 80,8%

Cng ty TNHH Mt Thnh Vin Thc phm
Ma San
Kinh doanh Thc phm 74,2% 80,8%

Cng ty TNHH Mt Thnh Vin Cng nghip
Ma San
Sn xut nc chm v
m n lin
74,2% 80,8%

Cng ty TNHH Mt Thnh Vin Cng ngh
Thc phm Vit Tin
Sn xut nc chm 74,2% 80,8%

Cng ty TNHH Mt Thnh Vin Ma San HD Sn xut m n lin 74,2% 80,8%

Cng ty C phn Ma San PQ Sn xut nc chm 70,1% 76,4%

Cng ty TNHH Mt Thnh Vin Bao b
Minh Vit
Sn xut bao b 74,2% 80,8%

Cng ty C phn Masan Agri
(trc y l Cng ty TNHH Mt Thnh Vin
Hoa Mi Gi)
T vn qun l 37,9% 80,8%

Thuyt minh bo co ti chnh cho nm kt thc ngy 31 thng 12 nm 2013 (tip theo)
Mu B 09 DN/HN
16
Tn cng ty Hot ng chnh T l li ch kinh t ti
31/12/2013 31/12/2012

Cng ty C phn Vinacafe Bin Ha Sn xut ung 39,5% 43%

Cng ty C phn Nc khong Vnh Ho Sn xut ung 47,1% -

Cng ty C phn TM DV & SX Krngpha Sn xut ung 47,1% -

Cng ty C Phn Tm Nhn Ma San T vn qun l 100% 100%

Cng ty C phn Ti nguyn Ma San T vn qun l 75,9% 65%

Cng ty TNHH Mt Thnh Vin Ti nguyn
Ma San Thi Nguyn
T vn qun l 75,9% 65%

Cng ty TNHH Mt Thnh Vin Thng mi v
u t Thi Nguyn
T vn qun l 75,9% 65%

Cng ty TNHH Khai Thc Ch Bin Khong
Sn Ni Pho
Khai thc v ch bin
qung
75,9% 65%

(*) Cng ty TNHH Mt Thnh Vin T Vn Hoa ng Tin v Cng ty TNHH Mt Thnh Vin Hoa Thc
Dc khng c s hu bi Cng ty nhng Cng ty c y quyn 100% quyn b phiu v tt c cc
li ch kinh t lin quan n quyn s hu trong cc cng ty ny. Do , Cng ty c quyn kim sot cc
cng ty ny. Trong nm, tt c ti sn ca nhng cng ty ny lin quan n li ch kinh t trong Cng ty
C phn Hng Tiu Dng Ma San chuyn giao ton b cho Cng ty. Nhng tha thun y quyn
trc b hy b.

Sau ngy 31 thng 12 nm 2013, li ch kinh t ca Cng ty trong Cng ty C phn Hng Tiu Dng Ma
San tng ln 77,4% v li ch kinh t ca Cng ty trong cc cng ty con ca Cng ty C phn Hng
Tiu Dng Ma San cng tng theo (xem Thuyt minh 13(c)(i)).

Tt c cc cng ty con c thnh lp ti Vit Nam.

T l li ch kinh t phn nh t l thc t ca cc li ch kinh t trc tip v gin tip ca Tp on trong
cc cng ty con.

Ti ngy 31 thng 12 nm 2013, Cng ty c 38 nhn vin (31/12/2012: 41 nhn vin) v Tp on c
7.297 nhn vin (31/12/2012: 5.832 nhn vin).

Mu B 09 DN/HN
17
2. C s lp bo co ti chnh
(a) Tuyn b v tun th
Bo co ti chnh c lp theo cc Chun mc K ton Vit Nam, Ch K ton Vit Nam v cc quy
nh php l c lin quan n vic lp v trnh by bo co ti chnh.

(b) C s o lng
Bo co ti chnh, tr bo co lu chuyn tin t, c lp trn c s dn tch theo nguyn tc gi gc.
Bo co lu chuyn tin t c lp theo phng php gin tip.

(c) K k ton nm
K k ton nm ca Cng ty t ngy 1 thng 1 n ngy 31 thng 12.

(d) n v tin t k ton
Bo co ti chnh c lp v trnh by bng ng Vit Nam v lm trn n hng triu ng gn nht
(Triu VND).

3. Tm tt nhng chnh sch k ton ch yu
Sau y l cc chnh sch k ton ch yu c Tp on v Cng ty p dng trong vic lp cc bo co
ti chnh ny.

(a) C s hp nht
(i) Hp nht kinh doanh chu s kim sot chung
Hp nht kinh doanh m trong cc cng ty chu s kim sot chung bi cng mt nhm c ng (C
ng Kim sot) trc v sau khi hp nht ph hp vi nh ngha hp nht kinh doanh chu s kim
sot chung v c s ni tip ri ro v quyn li ca C ng Kim sot. Hp nht kinh doanh chu s
kim sot chung ny c bit nm ngoi phm vi ca Chun mc k ton s 11 Hp nht kinh doanh v
trong s chn la chnh sch k ton lin quan n cc giao dch ny, Tp on cn nhc Chun mc
k ton s 01 Chun mc chung v Chun mc k ton s 21 Trnh by bo co ti chnh. Da trn cc
chun mc ny, Tp on p dng c s k ton sp nhp (nguyn tc mang sang ton b). Ti sn
v n phi tr ca cc cng ty c hp nht theo gi tr s sch hin ti di kha cnh nhn nhn ca C
ng Kim sot. Bt k chnh lch gia chi ph mua v gi tr thun ca ti sn c sp nhp c xem
nh l s phn b vn hoc gp vn gi nh t cc c ng v c ghi nhn trc tip vo vn ch s
hu.

Mu B 09 DN/HN
18
Bo co kt qu hot ng kinh doanh hp nht, bo co lu chuyn tin t hp nht v bo co thay i
vn ch s hu hp nht bao gm kt qu hot ng kinh doanh ca cc cng ty c hp nht nh th
cu trc ca Tp on hin ti tn ti xuyn sut ton b giai on cp trong bo co ny di gc
ca C ng Kim sot (hoc t lc cc cng ty c thnh lp vo ngy sau ngy bt u ca k bo
co gn nht, cho giai on t ngy thnh lp n ht ngy kt thc k bo co tng ng).

(ii) Hp nht kinh doanh khng chu s kim sot chung
Tt c cc hp nht kinh doanh khng chu kim sot chung c hch ton bng cch p dng phng
php mua ti ngy mua, l ngy m s kim sot c chuyn giao cho Tp on. S kim sot l
quyn chi phi cc chnh sch ti chnh v hot ng ca doanh nghip nhm thu c li ch kinh t t
cc hot ng ca doanh nghip . Khi xem xt s kim sot, Tp on phi xem xt quyn biu quyt
tim tng m c th thc hin c hin ti.

Theo phng php mua, ti sn v cc khon n phi tr ca cng ty c mua s dng gi tr hp l khi
hp nht. Gi mua bao gm tng gi tr hp l ca cc ti sn em trao i, cc khon n phi tr pht
sinh hoc tha nhn v cc cng c vn ch s hu pht hnh bi Tp on ti ngy trao i. Li th
thng mi l phn chnh lch gia chi ph mua v li ch ca Tp on trong gi tr hp l thun ca cc
ti sn, n phi tr v n tim tng ca cng ty c mua. Khon chnh lch m, c ghi nhn ngay vo
bo co kt qu hot ng kinh doanh.

Cc chi ph giao dch, ngoi tr cc chi ph lin quan n vic pht hnh cng c n hoc chng khon
vn, m Tp on pht sinh khi hp nht kinh doanh bao gm cc chi ph lin quan trc tip n vic hp
nht kinh doanh, nh chi ph tr cho t vn ti chnh, t vn php l, thm nh gi v cc nh t vn lin
quan n hp nht kinh doanh. Cc chi ph giao dch ny c tnh vo gi ph hp nht kinh doanh.
Cc chi ph qun l chung v cc chi ph khc khng lin quan trc tip n giao dch hp nht kinh
doanh c th ang c ghi nhn th khng c tnh vo chi ph mua, m c ghi nhn l chi ph pht
sinh trong k.

(iii) Cng ty con
Cc cng ty con l cc cng ty chu s kim sot ca Tp on. S kim sot ny tn ti khi Tp on c
quyn chi phi cc chnh sch ti chnh v hot ng ca mt doanh nghip nhm thu c li ch kinh t
t cc hot ng ca doanh nghip . Khi nh gi quyn kim sot, c tnh n quyn b phiu tim
nng c th thc hin c ti thi im hin ti. Cc bo co ti chnh ca cc cng ty con c bao
gm trong bo co ti chnh hp nht k t ngy quyn kim sot bt u c hiu lc n ngy quyn
kim sot chm dt.

Mu B 09 DN/HN
19
(iv) Cc cng ty lin kt (cc n v nhn u t c k ton theo phng php vn ch s hu)
Cc cng ty lin kt l nhng cng ty m Tp on c s nh hng ng k nhng khng kim sot cc
chnh sch ti chnh v hot ng kinh doanh ca cng ty. S nh hng ng k ny c gi nh tn
ti khi Tp on nm gi t 20% n 50% quyn biu quyt ca mt cng ty khc. Cc cng ty lin kt
c hch ton theo phng php vn ch s hu (cc n v nhn u t c hch ton theo phng
php vn ch s hu) trong bo co ti chnh hp nht v c ghi nhn ban u theo gi gc. u t
vo cc cng ty lin kt ca Tp on bao gm li th thng mi c xc nh ti thi im mua tr i
hao mn ly k ca li th thng mi. Cc bo co ti chnh hp nht bao gm phn m Tp on c
hng trong thu nhp v chi ph ca n v nhn u t c hch ton theo phng php vn ch s
hu, sau khi c iu chnh theo chnh sch k ton ca Tp on, k t ngy bt u s nh hng
ng k cho n ngy kt thc s nh hng ng k. Khi phn s hu ca Tp on trong khon l ca
cng ty lin kt vt qu gi tr ghi s ca khon u t ca Tp on trong n v nhn u t c hch
ton theo phng php vn ch s hu, th gi tr ghi s ca khon u t (bao gm cc khon u t
di hn, nu c) s c ghi gim ti bng khng v Tp on khng phi tip tc ghi nhn cc khon l
pht sinh sau tr khi Tp on c ngha v phi thanh ton hay thanh ton thay cho n v nhn u
t.

(v) Li ch ca c ng thiu s
Khi s thay i quyn s hu ca Tp on trong mt cng ty con m khng dn n mt quyn kim
sot, phn chnh lch gia gi mua hoc tin thu c do chuyn nhng v gi tr ghi s ca phn ti
sn thun mua c hoc chuyn nhng ti ngy giao dch c ghi nhn trc tip vo vn ch s hu.

(vi) Cc giao dch c loi tr khi hp nht
Cc s d trong ni b Tp on v cc khon thu nhp v chi ph cha thc hin pht sinh t cc giao
dch ni b c loi tr khi lp bo co ti chnh hp nht. Cc khon li v l cha thc hin pht sinh
t cc giao dch vi cng ty lin kt c tr vo khon u t trong phm vi li ch ca Tp on ti
cng ty c u t.

(b) Cc giao dch bng ngoi t
Cc khon mc ti sn v n phi tr c gc bng n v tin t khc VND c quy i sang VND theo t
gi hi oi ca ngy kt thc nin k ton. Cc giao dch bng cc n v tin khc VND trong nm
c quy i sang VND theo t gi hi oi xp x t gi hi oi ti ngy giao dch.

Tt c cc khon chnh lch t gi hi oi c ghi nhn trong bo co kt qu hot ng kinh doanh tr
khi cc chnh lch ny lin quan n hot ng xy dng cc ti sn c nh hu hnh hay chuyn i cc
khon mc tin t c gc ngoi t pht sinh trong giai on trc hot ng ca cng ty con, khi cc
khon chnh lch ny c ghi nhn vo Ti khon Chnh lch T gi Hi oi thuc ngun vn ch s
hu cho n khi cng ty con bt u hot ng v cc ti sn c nh hu hnh ny bt u c a vo
s dng. Khi cng ty con bt u hot ng v cc ti sn c nh hu hnh ny bt u c a vo s
dng, cc chnh lch t gi hi oi thun c lin quan c kt chuyn ton b vo Ti khon Doanh thu
cha thc hin hoc Ti khon Tr trc di hn. Cc khon li v l ny c phn b theo phng
php ng thng trong vng 5 nm.

Mu B 09 DN/HN
20
(c) Tin v cc khon tng ng tin
Tin bao gm tin mt v tin gi khng k hn. Cc khon tng ng tin l cc khon u t ngn
hn c tnh thanh khon cao c th d dng chuyn i thnh khon tin xc nh trc, t ri ro v thay
i gi tr v c gi nhm p ng nhu cu thanh ton ngn hn hn l cho mc ch u t hay cc
mc ch khc.

(d) Cc khon u t
Cc khon u t bng hnh thc tin gi c k hn v cng c n; khon u t vo cng c vn ch s
hu ca cc n v m Tp on khng kim sot hoc nh hng trng yu trong bo co ti chnh hp
nht; v cc khon u t vo tt c cc cng c vn ch s hu trong bo co ti chnh ring c ghi
nhn theo nguyn gi. D phng gim gi u t c lp khi Ban Gim c cho rng vic gim gi ny
khng mang tnh tm thi. D phng s c hon nhp khi vic tng ln sau ca gi tr c th thu hi l
do s kin khch quan xy ra sau khi khon d phng c lp. D phng ch c hon nhp trong phm
vi sao cho gi tr ghi s ca cc khon u t khng vt qu gi tr ghi s ca cc khon u t ny trong
trng hp khng c khon d phng no c ghi nhn.

(e) Cc khon phi thu
Cc khon phi thu khch hng v cc khon phi thu khc c phn nh theo nguyn gi tr i d
phng phi thu kh i.

(f) Hng tn kho
Hng tn kho c phn nh theo gi tr bng vi s thp hn gia gi gc v gi tr thun c th thc
hin c. Gi gc c tnh theo phng php bnh qun gia quyn v bao gm tt c cc chi ph lin
quan pht sinh c c hng tn kho a im v trng thi hin ti. i vi thnh phm v sn
phm d dang, gi gc bao gm chi ph nguyn vt liu, chi ph nhn cng trc tip v cc chi ph sn
xut chung c phn b. Gi tr thun c th thc hin c l gi bn c tnh ca sn phm tn
kho, tr i chi ph c tnh hon thnh sn phm v chi ph bn hng c tnh.

Tp on p dng phng php k khai thng xuyn hch ton hng tn kho.

(g) Ti sn c nh hu hnh
(i) Nguyn gi
Ti sn c nh hu hnh c th hin theo nguyn gi tr i gi tr hao mn ly k. Nguyn gi ti sn
c nh hu hnh bao gm gi mua, thu nhp khu, cc loi thu mua hng khng hon li v chi ph lin
quan trc tip a ti sn n v tr v trng thi hot ng cho mc ch s dng d kin. Cc chi
ph pht sinh sau khi ti sn c nh hu hnh a vo hot ng nh chi ph sa cha, bo dng v
i tu c ghi nhn vo bo co kt qu hot ng kinh doanh trong nm m chi ph pht sinh. Trong
cc trng hp c th chng minh mt cch r rng rng cc khon chi ph ny lm tng li ch kinh t
trong tng lai d tnh thu c t vic s dng ti sn c nh hu hnh vt trn mc hot ng tiu
chun theo nh nh gi ban u, th cc chi ph ny c vn ho nh mt khon nguyn gi tng thm
ca ti sn c nh hu hnh.

Mu B 09 DN/HN
21
(ii) Khu hao
Khu hao c tnh theo phng php ng thng da trn thi gian hu dng c tnh ca ti sn c
nh hu hnh. Thi gian hu dng c tnh nh sau:

nh ca v vt kin trc 4 - 30 nm
nng cp ti sn thu 3 - 5 nm
thit b vn phng 3 - 10 nm
my mc v thit b 3 - 25 nm
phng tin vn chuyn 3 - 10 nm

(h) Ti sn c nh hu hnh thu ti chnh
Cc hp ng thu c phn loi l thu ti chnh nu theo cc iu khon ca hp ng, Tp on
nhn phn ln ri ro v li ch gn lin vi quyn s hu. Ti sn c nh hu hnh di hnh thc thu
ti chnh c th hin bng s tin tng ng vi s thp hn gia gi tr hp l ca ti sn c nh v
gi tr hin ti ca cc khon tin thu ti thiu, tnh ti thi im bt u thu, tr i gi tr hao mn ly
k.

Khu hao ca ti sn thu ti chnh c hch ton theo phng php ng thng da trn thi gian hu
dng c tnh ca ti sn thu ti chnh. Thi gian hu dng c tnh ca ti sn thu ti chnh nht qun
vi ti sn c nh hu hnh c nu trong phn chnh sch k ton 2(g).

(i) Ti sn c nh v hnh
(i) Quyn s dng t
Quyn s dng t gm c:

Quyn s dng t c Nh nc giao thanh ton tin s dng t;
Quyn s dng t nhn chuyn nhng hp php; v
Quyn s dng t thu trc ngy c hiu lc ca Lut t ai nm 2003 m tin thu t c
tr trc cho thi hn di hn 5 nm v c c quan c thm quyn cp giy chng nhn quyn s
dng t
Quyn s dng t c phn nh theo nguyn gi tr i gi tr hao mn ly k. Nguyn gi ban u ca
quyn s dng t bao gm gi mua quyn s dng t v ton b cc chi ph trc tip pht sinh lin quan
n vic m bo quyn s dng t. Khu hao c tnh theo phng php ng thng t 40 n 50
nm.

(ii) Phn mm vi tnh
Gi mua ca phn mm vi tnh mi m phn mm vi tnh ny khng l mt b phn gn kt vi phn
cng c lin quan th c vn ha v hch ton nh ti sn c nh v hnh. Phn mm vi tnh c
khu hao theo phng php ng thng trong vng 4 n 10 nm.

Mu B 09 DN/HN
22
(iii) Thng hiu
Nguyn gi mua ca thng hiu c vn ha v ghi nhn nh ti sn c nh v hnh.

Gi tr hp l ca thng hiu pht sinh khi hp nht kinh doanh c tnh bng vic chit khu cc
khon tin bn quyn m doanh nghip tit kim c t vic s hu thng hiu . Gi tr hp l ca
thng hiu pht sinh khi hp nht kinh doanh c ghi nhn l ti sn c nh v hnh v c khu hao
theo phng php ng thng trong vng 10 n 20 nm.

(iv) Quan h khch hng
Mi quan h khch hng m Tp on c c thng qua vic mua li cng ty con, c vn ha v trnh
by nh mt ti sn c nh v hnh. Gi tr hp l ca mi quan h khch hng c c t vic hp nht
kinh doanh c xc nh bng phng php tnh li vt tri trong nhiu giai on, theo ti sn ny
c nh gi sau khi tr i phn li nhun hp l tnh cho cc ti sn khc gp phn to ra cc lung
lu chuyn tin . Gi tr hp l ca mi quan h khch hng c khu hao theo phng php ng
thng trong thi gian hu dng c tnh dao ng t 5 n 13 nm.

(v) Ti nguyn nc khong
Ti nguyn nc khong m Tp on c c t vic mua li cng ty con c vn ha v ghi nhn nh
mt ti sn c nh v hnh. Gi tr hp l ca ti nguyn nc khong c c t vic hp nht kinh
doanh c xc nh bng cch s dng phng php so snh trc tip hoc phng php tnh li vt
tri trong nhiu giai on. Phng php so snh trc tip c tnh gi tr ca ti nguyn nc khong
bng cch so snh gi tham kho/giao dch gn nht ca ti nguyn nc khong tng t trong cng mt
vng. i vi phng php tnh li vt tri trong nhiu giai on, gi tr ca ti nguyn nc khong
c nh gi sau khi tr i phn li nhun hp l tnh cho cc ti sn khc gp phn to ra cc lung
lu chuyn tin . Gi tr hp l ca ti nguyn nc khong c khu hao theo phng php ng
thng trong vng t 10 n 19 nm.

(j) Xy dng c bn d dang
Xy dng c bn d dang phn nh cc khon chi ph xy dng v my mc cha c hon thnh hoc
cha lp t xong v ti sn khong sn cha khai thc. Khng tnh khu hao cho xy dng c bn d
dang trong qu trnh xy dng v lp t.

Ti sn khong sn cha khai thc bao gm gi tr hp l ca tr lng khong sn, cc chi ph lin quan
n vic trin khai tr lng ny pht sinh trong hp nht kinh doanh v cc chi ph trin khai pht
sinh sau ny. Nhng ti sn ny iu kin c vn ha khi tr lng khong sn lin quan
c chng minh l c tnh kh thi v li ch kinh t v k thut. Nhng ti sn ny ban u c ghi
nhn theo gi tr hp l nh mt phn ca giao dch hp nht kinh doanh v cc chi ph trin khai lin
quan n vic khai thc sau s c vn ha sau khi cn tr tin thu v t vic bn khong sn khai
thc trong giai on trin khai. Sau khi hon tt cng tc trin khai, m thi im xc nh l khi sn
phm c th bn bt u c khai thc t m, tt c cc ti sn ny c phn loi thnh ti sn c nh
hu hnh.

Mu B 09 DN/HN
23
(k) Chi ph tr trc di hn
(i) Chi ph trc hot ng
Chi ph trc hot ng c ghi nhn trong bo co kt qu hot ng kinh doanh, tr cc chi ph thnh
lp, cng nh cc chi tiu cho cc hot ng o to, qung co v khuyn mi pht sinh t ngy thnh
lp cho n ngy bt u hot ng kinh doanh. Cc chi ph ny c ghi nhn nh chi ph tr trc di
hn, c ghi nhn ban u theo nguyn gi, v c phn b theo phng php ng thng trong vng
3 nm k t ngy bt u hot ng kinh doanh.

(ii) Chi ph t tr trc
Chi ph t tr trc bao gm tin thu t tr trc v cc chi ph pht sinh khc lin quan n vic bo
m cho vic s dng t thu. Cc chi ph ny c ghi nhn vo bo co kt qu hot ng kinh doanh
theo phng php ng thng da trn thi hn ca hp ng thu t t 47 n 50 nm.

(iii) Cng c, dng c v trc in
Cng c, dng c v trc in c phn nh theo nguyn gi v c phn b theo phng php ng
thng da trn thi hn s dng t 1 n 3 nm.

Cng c v dng c bao gm cc ti sn Cng ty nm gi s dng trong qu trnh hot ng kinh
doanh bnh thng, vi nguyn gi ca mi ti sn thp hn 30 triu VND v do khng iu kin
ghi nhn l ti sn c nh theo Thng t 45/2013/TT-BTC do B Ti chnh ban hnh vo ngy 25 thng
4 nm 2013 Hng dn ch qun l, s dng v trch khu hao ti sn c nh (Thng t 45).
Nguyn gi ca cng c v dng c c khu hao theo phng php ng thng trong vng 3 nm.

(iv) Chi ph vay
Chi ph hnh thnh khon vay lin quan n cc khon vay di hn v c phn b theo phng php
ng thng trong thi gian vay.

(v) Ph nng cp trang web
Ph nng cp trang web c phn nh theo nguyn gi v c phn b theo phng php ng thng
trong vng 3 nm.

(l) Li th thng mi
Li th thng mi pht sinh t vic hp nht kinh doanh khng chu s kim sot chung do mua li cng
ty con v cng ty lin kt.

Li th thng mi c phn nh theo nguyn gi tr i gi tr hao mn ly k. Gi gc ca li th
thng mi l khon chnh lch gia chi ph mua v li ch ca Tp on trong gi tr hp l thun ca
cc ti sn, n phi tr v n tim tng ca n v b mua. Li th thng mi c phn b theo phng
php ng thng trong vng 10 nm. Khi k ton cc khon u t c hch ton theo phng php
vn ch s hu, gi tr ghi s ca li th thng mi c bao gm trong gi tr ghi s ca khon u t.

Mu B 09 DN/HN
24
(m) Cc khon phi tr ngi bn v phi tr khc
Cc khon phi tr ngi bn v phi tr khc c phn nh theo nguyn gi.

(n) D phng
D phng c ghi nhn nu, do kt qu ca mt s kin trong qu kh, Tp on c ngha v php l
hin ti hoc ngha v tim tng ang hnh thnh c th c tnh mt cch tin cy, v chc chn s lm
gim st cc li ch kinh t trong tng lai thanh ton cc khon n phi tr do ngha v . D phng
c xc nh bng cch chit khu cc dng tin d kin phi tr trong tng lai vi t l chit khu
trc thu phn nh c s nh gi hin ti ca th trng v gi tr thi gian ca ng tin v nhng
ri ro c th vi khon n phi tr .
D phng tr cp thi vic
Theo B lut Lao ng Vit Nam, khi nhn vin lm vic cho cng ty t 12 thng tr ln (nhn vin
iu kin) t nguyn chm dt hp ng lao ng ca mnh th bn s dng lao ng phi thanh ton
tin tr cp thi vic cho nhn vin tnh da trn s nm lm vic v mc lng ti thi im thi vic
ca nhn vin . D phng tr cp thi vic c lp trn c s mc lng hin ti ca nhn vin v
thi gian h lm vic cho Cng ty.
Theo Lut Bo him X hi, k t ngy 1 thng 1 nm 2009, Cng ty v cc nhn vin phi ng vo qu
bo him tht nghip do Bo him X hi Vit Nam qun l. Vi vic p dng ch bo him tht
nghip, Cng ty khng phi lp d phng tr cp thi vic cho thi gian lm vic ca nhn vin sau ngy
1 thng 1 nm 2009. Tuy nhin, tr cp thi vic phi tr cho cc nhn vin iu kin hin c ti thi
im ngy 31 thng 12 nm 2013 s c xc nh da trn s nm lm vic ca nhn vin c tnh n
31 thng 12 nm 2008 v mc lng bnh qun ca h trong vng su thng trc thi im thi vic.

(o) Phn loi cc cng c ti chnh
Nhm mc ch duy nht l cung cp cc thng tin thuyt minh v tm quan trng ca cc cng c ti
chnh i vi tnh hnh ti chnh v kt qu hot ng kinh doanh ring v hp nht ca Tp on v
Cng ty v tnh cht v mc ri ro pht sinh t cc cng c ti chnh, Tp on v Cng ty phn loi
cc cng c ti chnh nh sau:
(i) Ti sn ti chnh
Ti sn ti chnh c xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh
Ti sn ti chnh c xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh l
mt ti sn ti chnh tha mn mt trong cc iu kin sau:

Ti sn ti chnh c Ban Gim c phn loi vo nhm nm gi kinh doanh. Ti sn ti chnh
c phn loi vo nhm nm gi kinh doanh, nu:

- ti sn c mua ch yu cho mc ch bn li trong thi gian ngn;
- c bng chng v vic kinh doanh cng c nhm mc ch thu li ngn hn; hoc
- cng c ti chnh phi sinh (ngoi tr cc cng c ti chnh phi sinh c xc nh l mt hp
ng bo lnh ti chnh hoc mt cng c phng nga ri ro hiu qu).

Ti thi im ghi nhn ban u, Tp on v Cng ty xp ti sn ti chnh vo nhm phn nh theo
gi tr hp l thng qua Bo co kt qu hot ng kinh doanh.

Mu B 09 DN/HN
25
Cc khon u t nm gi n ngy o hn
Cc khon u t nm gi n ngy o hn l cc ti sn ti chnh phi phi sinh vi cc khon thanh
ton c nh hoc c th xc nh v c k o hn c nh m Tp on v Cng ty c nh v c kh
nng gi n ngy o hn, ngoi tr:

cc ti sn ti chnh m ti thi im ghi nhn ban u c Tp on v Cng ty xp vo nhm
xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh;
cc ti sn ti chnh c Tp on v Cng ty xp vo nhm sn sng bn; v
cc ti sn ti chnh tha mn nh ngha v cc khon cho vay v phi thu.
Cc khon cho vay v phi thu
Cc khon cho vay v phi thu l cc ti sn ti chnh phi phi sinh vi cc khon thanh ton c nh hoc
c th xc nh v khng c nim yt trn th trng, ngoi tr:

cc khon m Tp on v Cng ty c nh bn ngay hoc s bn trong tng lai gn c phn
loi l ti sn nm gi v mc ch kinh doanh, v cc loi m ti thi im ghi nhn ban u c
Tp on v Cng ty xp vo nhm xc nh theo gi tr hp l thng qua Bo co kt qu hot ng
kinh doanh;
cc khon c Tp on v Cng ty xp vo nhm sn sng bn ti thi im ghi nhn ban u;
hoc
cc khon m ngi nm gi c th khng thu hi c phn ln gi tr u t ban u, khng phi
do suy gim cht lng tn dng, v c phn loi vo nhm sn sng bn.
Ti sn ti chnh sn sng bn
Ti sn ti chnh sn sng bn l cc ti sn ti chnh phi phi sinh c xc nh l sn sng bn
hoc khng c phn loi l:

cc ti sn ti chnh xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh;
cc khon u t gi n ngy o hn; hoc
cc khon cho vay v cc khon phi thu.

(ii) N phi tr ti chnh
N phi tr ti chnh c xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh
N phi tr ti chnh c xc nh theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh l
mt khon n phi tr ti chnh tha mn mt trong cc iu kin sau:

N phi tr ti chnh c Ban Gim c phn loi vo nhm nm gi kinh doanh. Mt khon n
phi tr ti chnh c phn loi vo nhm nm gi kinh doanh nu tha mn mt trong cc iu
kin sau:

- c to ra ch yu cho mc ch mua li trong thi gian ngn;
- c bng chng v vic kinh doanh cng c nhm mc ch thu li ngn hn; hoc
- cng c ti chnh phi sinh (ngoi tr cc cng c ti chnh phi sinh c xc nh l mt hp
ng bo lnh ti chnh hoc mt cng c phng nga ri ro hiu qu).

Ti thi im ghi nhn ban u, Tp on v Cng ty xp n phi tr ti chnh vo nhm phn nh
theo gi tr hp l thng qua Bo co kt qu hot ng kinh doanh.

Mu B 09 DN/HN
26
N phi tr ti chnh c xc nh theo gi tr phn b
Cc khon n phi tr ti chnh khng c phn loi l n phi tr ti chnh c xc nh theo gi tr
hp l thng qua Bo co kt qu hot ng kinh doanh s c phn loi l n phi tr ti chnh c
xc nh theo gi tr phn b.

Cc hp ng bo lnh ti chnh c phn loi trong cc khon n phi tr ti chnh c xc nh theo
gi tr phn b thng qua Bo co kt qu hot ng kinh doanh nhng chng khng c ghi nhn trong
bo co ti chnh.

Vic phn loi cc cng c ti chnh k trn ch nhm mc ch trnh by v thuyt minh v khng nhm
mc ch m t phng php xc nh gi tr ca cc cng c ti chnh. Cc chnh sch k ton v xc
nh gi tr ca cc cng c ti chnh c trnh by trong cc thuyt minh lin quan khc.

(p) Thu
Thu thu nhp doanh nghip tnh trn li nhun hoc l ca nm bao gm thu thu nhp hin hnh v
thu thu nhp hon li. Thu thu nhp doanh nghip c ghi nhn trong bo co kt qu hot ng kinh
doanh ngoi tr trng hp c cc khon thu thu nhp lin quan n cc khon mc c ghi nhn thng
vo vn ch s hu, th khi cc thu thu nhp ny cng c ghi nhn thng vo vn ch s hu.

Thu thu nhp hin hnh l khon thu d kin phi np da trn thu nhp chu thu trong nm, s dng
cc mc thu sut c hiu lc ti ngy kt thc nin k ton, v cc khon iu chnh thu phi np
lin quan n nhng nm trc.

Thu thu nhp hon li c tnh theo phng php bng cn i k ton cho cc chnh lch tm thi
gia gi tr ghi s cho mc ch bo co ti chnh v gi tr s dng cho mc ch tnh thu ca cc khon
mc ti sn v n phi tr. Gi tr ca thu thu nhp hon li c ghi nhn da trn cch thc d kin
thu hi hoc thanh ton gi tr ghi s ca cc khon mc ti sn v n phi tr s dng cc mc thu sut
c hiu lc hoc c bn c hiu lc ti ngy kt thc nin k ton.

Ti sn thu thu nhp hon li ch c ghi nhn trong phm vi chc chn c li nhun tnh thu trong
tng lai ti sn thu thu nhp ny c th s dng c. Ti sn thu thu nhp hon li c ghi gim
trong phm vi khng cn chc chn l cc li ch v thu lin quan ny s s dng c.

(q) Vn ch s hu
(i) Vn c phn v thng d vn c phn
C phiu ph thng c phn loi nh vn ch s hu. Phn chnh lch tng do pht hnh c phiu cao
hn mnh gi c ghi nhn vo thng d vn c phn. Chi ph lin quan trc tip n vic pht hnh c
phiu ph thng c ghi nhn l khon gim thng d vn c phn.

(ii) Vn khc ca ch s hu
Cc tha thun pht hnh mt s lng c phiu nht nh vo mt ngy n nh trong tng lai, c ghi
nhn da trn gi tr hp l ti ngy ca cc tha thun v c ghi nhn vo vn khc ca ch s hu
nu khng tn ti cc tha thun thay th no khc.

Mu B 09 DN/HN
27
(iii) Vn khc
Bin ng vn ch s hu do vic hp nht kinh doanh chu s kim sot chung, vic mua li/thanh l li
ch c ng thiu s v cc giao dch lin quan n cng c vn ch s hu c ghi nhn trong vn khc
thuc vn ch s hu.

(r) Doanh thu
Doanh thu bn hng c ghi nhn trong bo co kt qu hot ng kinh doanh khi phn ln ri ro v li
ch gn lin vi quyn s hu sn phm hoc hng ha c chuyn giao cho ngi mua. Doanh thu
khng c ghi nhn nu nh c nhng yu t khng chc chn trng yu lin quan ti kh nng thu hi
cc khon phi thu hoc lin quan ti kh nng hng bn b tr li.

(s) Doanh thu t c tc
Doanh thu t c tc c ghi nhn khi quyn nhn c tc c xc lp.

(t) Doanh thu hot ng ti chnh v chi ph ti chnh
(i) Doanh thu hot ng ti chnh
Doanh thu hot ng ti chnh bao gm li tin gi, li t khon cho vay, thu nhp t ph duy tr hn mc
vay, bt li thng mi t hp nht kinh doanh v li chnh lch t gi. Li tin gi c ghi nhn trn
bo co kt qu hot ng kinh doanh theo c s dn tch.

(ii) Chi ph ti chnh
Chi ph ti chnh bao gm chi ph li vay, ph duy tr khon vay v l do chnh lch t gi. Chi ph li
vay c ghi nhn l chi ph trong nm khi chi ph ny pht sinh, ngoi tr trng hp chi ph vay lin
quan n cc khon vay cho mc ch hnh thnh ti sn c nh hu hnh iu kin vn ha chi ph
vay th khi chi ph vay pht sinh trong sut thi gian hnh thnh ti sn iu kin s c vn ha
nh mt phn ca nguyn gi cc ti sn ny.

(u) Cc khon thanh ton cho thu hot ng
Cc khon thanh ton cho thu hot ng c ghi nhn trong bo co kt qu hot ng kinh doanh theo
phng php ng thng da vo thi hn ca hp ng thu. Cc khon hoa hng i thu c ghi
nhn trong bo co kt qu hot ng kinh doanh nh l mt b phn hp thnh ca tng chi ph thu.

(v) Li trn c phiu
Tp on trnh by li c bn v li suy gim trn c phiu (EPS) cho cc c phiu ph thng. Li c bn
trn c phiu c tnh bng cch ly li hoc l thuc v c ng ph thng ca Cng ty chia cho s
lng c phiu ph thng trung bnh lu hnh trong nm. Li suy gim trn c phiu c xc nh bng
cch iu chnh li hoc l thuc v c ng ph thng v s lng c phiu ph thng trung bnh lu
hnh c tnh n cc nh hng ca tt c cc c phiu ph thng tim nng suy gim.

Mu B 09 DN/HN
28
(w) Bo co b phn
Mt b phn l mt hp phn c th xc nh ring bit c ca Tp on khi tham gia vo vic cung
cp cc sn phm hoc dch v lin quan (b phn chia theo hot ng kinh doanh), hoc cung cp sn
phm hoc dch v trong mt mi trng kinh t c th (b phn chia theo khu vc a l), mi b phn
ny chu ri ro v thu c li ch khc bit vi cc b phn khc. Mu bo co b phn c bn ca Tp
on l da theo cc b phn chia theo hot ng kinh doanh.

(x) Cc bn lin quan
Cc bn c xem l bn lin quan nu mt bn c kh nng, trc tip hay gin tip, kim sot bn kia
hay c nh hng ng k n bn kia trong vic a ra cc quyt nh ti chnh v hot ng kinh
doanh. Cc bn cng c xem l bn lin quan nu cc bn cng chu s kim sot chung hay chu nh
hng ng k chung.

(y) Chi tr bng c phiu
C phiu pht hnh cho nhn vin c ghi nhn theo mnh gi. Vic mua li nhng c phiu ny c
thc hin bi cc cng ty lin quan ngoi Tp on s khng c ghi nhn bi Tp on.

4. Bo co chia theo b phn kinh doanh
Tp on c bn (4) b phn, nh c trnh by di y, l cc hot ng kinh doanh chin lc ca
Tp on. Cc hot ng kinh doanh chin lc ny em n cc dch v v sn phm khc nhau, v
c qun l theo phng php ring v cc hot ng ny i hi cc chin lc tip th v cng ngh
khc nhau. i vi tng b phn, Hi ng Qun tr ca Tp on sot xt cc bo co qun l ni b
nh k.

Tp on nm gi cc b phn kinh doanh sau y thng qua nhm cng ty con ring:

Thc phm v ung
Khai thc khong sn

Tp on cng u t v c nh hng ng k i vi mt ngn hng c phn v mt tp on vn hnh
cc nh my thc n gia sc v cung cp cc sn phm dinh dng cho ng vt. Tp on xem Dch v
ti chnh v Dinh dng ng vt l mt b phn kinh doanh ring.

Mu B 09 DN/HN
29
Bo co theo b phn kinh doanh

Thc phm v ung Dinh dng ng vt Khai thc khong sn Dch v ti chnh Tng
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND

Doanh thu ca b phn 11.942.533 10.389.414 - - - - - - 11.942.533 10.389.414

Li nhun gp ca b phn 4.999.337 4.210.488 - - - - - - 4.999.337 4.210.488

Kt qu kinh doanh ca
b phn 2.774.956 2.733.282 183.016 2.555 (30.191) 113.099 (375.797) (340.353) 2.551.984 2.508.583

Chi ph khng phn b (289.330) (258.446)
Doanh thu hot ng ti chnh 87.264 232.753
Chi ph ti chnh (357.193) (162.411)

Li nhun thun t hot ng kinh doanh
(bao gm li nhun t cc cng ty lin kt)
1.992.725 2.320.479
Thu nhp khc 105.808 214.517
Chi ph khc (85.089) (46.474)
Chi ph thu thu nhp (706.220) (525.930)

Li nhun thun

1.307.224 1.962.592

Mu B 09 DN/HN

30
Thc phm v ung Dinh dng ng vt Khai thc khong sn Dch v ti chnh Tng
31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND

Ti sn ca b phn 12.923.825 9.816.942 2.152.932 1.967.387 20.376.937 15.220.632 8.604.935 8.980.732 44.058.629 35.985.693
Ti sn khng phn b 2.443.512 2.713.563

Tng ti sn

46.502.141 38.699.256

N phi tr ca b phn 7.952.295 5.734.363 - - 7.870.718 4.954.500 - - 15.823.013 10.688.863
N phi tr khng phn b 7.417.631 8.306.008

Tng n phi tr

23.240.644 18.994.871

2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND
2013
Triu VND
2012
Triu VND

Chi tiu vn 315.863 861.222 - - 3.506.517 4.854.522 - - 3.822.380 5.715.744
Khu hao 227.483 175.994 - - 38.051 10.376 - - 265.534 186.370
Phn b 200.991 153.068 - - 16.919 2.113 - - 217.910 155.181

Ti sn v n phi tr theo b phn khng bao gm ti sn thu thu nhp hon li v thu thu nhp hon li phi tr.
B phn chia theo khu vc a l
Tp on ch hot ng trong mt vng a l Vit Nam.

Mu B 09 DN/HN
31
5. Hp nht kinh doanh
(i) Mua Cng ty C phn Nc khong Vnh Ho (Vnh Ho)
Vo ngy 27 thng 3 nm 2013, mt cng ty con trong Tp on, Cng ty C phn Hng Tiu Dng Ma
San hon tt vic thu mua 5.144.460 c phiu ca Cng ty C phn Nc khong Vnh Ho (Vnh
Ho), vi tng gi tr tng ng 438.370 triu VND. Vic thu mua c phiu ny gip Cng ty C
phn Hng Tiu Dng Ma San v Tp on c c ln lt l 63,51% v 47,1% li ch vn ch s hu
thc t trong Vnh Ho ti ngy 31 thng 12 nm 2013.

Vic mua li ny c nh hng ti ti sn v n phi tr ca Tp on ti ngy mua nh sau:

Gi tr ghi s trc
thi im mua
Triu VND
Cc iu chnh
gi tr hp l
Triu VND
Gi tr ghi nhn ti
thi im mua
Triu VND

Tin v cc khon tng ng tin 9.231 - 9.231
Cc khon phi thu ngn hn 29.711 - 29.711
Hng tn kho 54.282 - 54.282
Ti sn ngn hn khc 2.851 - 2.851
Ti sn c nh hu hnh 68.120 18.129 86.249
Ti sn c nh v hnh 9.369 241.819 251.188
Xy dng c bn d dang 215 - 215
u t di hn 3.600 - 3.600
Ti sn thu thu nhp hon li 1.863 - 1.863
Ti sn di hn khc 6.912 - 6.912
N phi tr hin hnh (47.115) - (47.115)
N phi tr di hn (27.348) - (27.348)
N thu thu nhp hon li - (53.347) (53.347)

Ti sn v n phi tr thun c th xc nh
c
111.691 206.601 318.292

Tng gi tr ti sn thun mua c 202.153
Li th thng mi pht sinh t vic thu mua 236.217

Khon thanh ton cho vic mua 438.370
Tin mt thu c (9.231)

Lung lu chuyn tin mt thun

429.139

Gi thu mua bao gm:
Khon thanh ton bng tin mt 437.279
Chi ph giao dch 1.091

Khon tin thanh ton cho vic mua li 438.370

Mu B 09 DN/HN
32
Li th thng mi c ghi nhn trong nghip v mua li ch yu l li th m Ban Gim c d kin s
thu c khi Vnh Ho c hp nht vo hot ng kinh doanh hin hnh ca Tp on.

K t ngy mua li, Vnh Ho ng gp 7.607 triu VND vo li nhun thun sau thu ca Tp on.
Doanh thu thun v li nhun thun ca Vnh Ho trc ngy hp nht ln lt l 110.084 triu VND v
1.364 triu VND.

(ii) Mua Cng ty C phn TM DV & SX Krngpha (Kronfa)
Vo ngy 30 thng 12 nm 2013, Cng ty C phn Nc Khong Vnh Ho (Vnh Ho), mt cng ty con
trong Tp on, hon tt vic thu mua 2.299.954 c phiu ca Cng ty C phn TM DV & SX Krngpha
(Kronfa) vi tng gi tr tng ng 47.590 triu VND. Vic mua ny gip Vnh Ho v Tp on
c c ln lt l 99,99% v 47,1% li ch vn ch s hu thc t trong Kronfa ti ngy 31 thng 12 nm
2013.

Vic mua li ny c nh hng ti ti sn v n phi tr ca Tp on ti ngy mua nh sau:

Gi tr ghi s trc
thi im mua
Triu VND
Cc iu chnh
gi tr hp l
Triu VND
Gi tr ghi nhn ti
thi im mua
Triu VND

Tin v cc khon tng ng tin 1.747 - 1.747
Ti sn ngn hn khc 1.611 - 1.611
Ti sn c nh hu hnh 12.082 12.864 24.946
Ti sn c nh v hnh 53 294.522 294.575
Xy dng c bn d dang 832 - 832
Ti sn di hn khc 14 - 14
N thu thu nhp hon li - (62.169) (62.169)

Ti sn v n phi tr thun c th xc nh
c
16.339 245.217 261.556

Tng gi tr ti sn thun mua c 261.553
Bt li thng mi t vic thu mua (213.963)

Khon thanh ton cho vic mua 47.590
Khon thanh ton cha chi tr (Thuyt minh 20) (43.398)

Tin mt thu c (1.747)

Lung lu chuyn tin mt thun 2.445
Khon tin thanh ton 47.590

Khon chnh lch gia gi tr thun ca ti sn v n phi tr thun c th xc nh c cao hn chi ph
mua l 213.963 triu VND c hch ton trong Doanh thu hot ng ti chnh.

Mu B 09 DN/HN
33
Bt li thng mi trong vic mua c ghi nhn da trn vic Tp on mua thp hn gi tr hp l ca
ti sn c mua.

V vic mua li c tin hnh vo ngy 30 thng 12 nm 2013, k t ngy mua, Kronfa khng ng gp
li nhun vo li nhun thun sau thu ca Tp on.

L thun ly k ca Kronfa trc khi thu l 6.725 triu VND.

6. Tin v cc khon tng ng tin
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012
Triu VND Triu VND Triu VND Triu VND

Tin mt 3.367 4.652 470 2.797
Tin gi ngn hng 200.210 146.553 11.361 6.687
Cc khon tng ng tin 5.494.986 5.567.512 1.367.448 2.150.542

5.698.563 5.718.717 1.379.279 2.160.026

Cc khon tng ng tin ti ngy 31 thng 12 nm 2013 bao gm 28.000 triu VND (31/12/2012:
Khng) c th chp ti ngn hng m bo cho cc khon vay ca Tp on (xem Thuyt minh 21).

7. Cc khon phi thu
Ti ngy 31 thng 12 nm 2013, mt s khon phi thu khch hng ca Tp on c th chp ti cc
ngn hng m bo cho cc khon vay ca cc cng ty con (xem Thuyt minh 17).

Ti ngy 31 thng 12 nm 2013, khon tr trc cho ngi bn l 194.417 triu VND (31/12/2012: 348.884
triu VND) lin quan n chi ph xy dng c bn d dang. Chi ph tr trc ngn hn cn li ch yu lin
quan n khon tr trc cho ngi bn mua hng tn kho.

Mu B 09 DN/HN
34
Phi thu khc bao gm:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Phi thu ngn hn khc
Khon phi thu phi thng mi t cc
cng ty lin quan 142.244 206.244 10.734.312 224.902
Li trch trc phi thu t cc khon
tin gi 51.906 82.686 1.250 2.902
Thu GTGT ca thu nh thu nc ngoi 11.947 24.257 6.837 7.345
Cc dch v phi thu 11.547 23.257 11.547 23.257
Phi thu khc 47.608 10.079 - -

265.252 346.523 10.753.946 258.406

Phi thu di hn khc
Li phi thu di hn 25.395 23.158 - -
Khon cho vay di hn 424.788 - 2.875.015 1.658.406

450.183 23.158 2.875.015 1.658.406

Phi thu khc bao gm khon phi thu cc bn lin quan nh sau:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Phi thu t Cng ty C phn Ma San
cng ty m
Phi thng mi ngn hn 142.244 142.244 142.244 142.244

C tc phi thu t Cng ty C phn
Vit Php Sn Xut Thc n Gia
Sc ngn hn - 64.000 - -

Phi thu t cc cng ty lin quan khc
Phi thng mi ngn hn - - 10.592.068 82.658
Phi thng mi di hn - - 2.875.015 1.658.406

Khon phi thu phi thng mi ngn hn ca Tp on t Cng ty C phn Ma San khng c m bo,
khng chu li v phi thu theo iu khon ca hp ng.

Mu B 09 DN/HN
35
Ti ngy 31 thng 12 nm 2013, cc khon phi thu ngn hn phi thng mi t cc cng ty lin quan
khc ca Cng ty bao gm:

(a) 2.003.529 triu VND lin quan n hp ng vay khng c m bo gia Cng ty v mt cng
ty con vi s tin l 1.962.319 triu VND v li phi thu tng ng 41.210 triu VND. Khon
vay chu li sut nm l 12% v s c hon tr vo ngy o hn trong nm 2014;
(b) Ph duy tr hn mc vay vi li sut 15% mi nm tng ng vi s tin l 883.534 triu VND
lin quan ti hn mc vay khng c m bo vi s tin l 108 triu la M cp cho cng ty
con nhng vn cha gii ngn. Ph duy tr khon vay s c chi tr trong nm 2014;
(c) Mt hp ng cp vn khng c m bo gia Cng ty v mt cng ty con vi s vn gc l
487.500 triu VND. Khon vay ny khng chu li v s c hon tr vo ngy o hn trong
nm 2014;
(d) 211.070 triu VND lin quan n khon vay khng c m bo gia Cng ty v mt cng ty con
vi s tin l 210.000 triu VND v khon li phi thu l 1.070 triu VND. Khon vay ny s o
hn trong nm 2014 v chu li sut nm l 10%;
(e) 22.755 triu VND lin quan n khon li phi thu, o hn trong nm 2014, c trch lp t
khon vay 620.000 triu VND cp cho mt cng ty con trong nm 2013 c hon tr trong
nm; v
(f) 6.983.680 triu VND cn li trong khon phi thu phi thng mi ngn hn t cc cng ty lin quan
khng c m bo, khng chu li v phi thu theo iu khon ca hp ng.

Cc khon cho vay di hn ca Tp on th hin khon cho vay khng c m bo gia mt cng ty
con ca Cng ty v mt bn th ba vi s tin l 424.788 triu VND. Khon cho vay ny c li sut nm t
10% n 10,5% v s c hon tr vo ngy o hn trong nm 2016. Tp on cng k kt hp ng vi
bn i vay nm gi li ch kinh t trong mt cng ty khc ty thuc vo vic hon tt mt s iu kin
nht nh ban u.

Ti ngy 31 thng 12 nm 2013, khon phi thu di hn phi thng mi t cc cng ty lin quan khc ca
Cng ty khng c m bo, khng chu li v phi thu theo iu khon ca hp ng, bao gm:

(a) Ph duy tr hn mc vay vi li sut 4,25% n 15% ca khon tin tng ng 1.074.265 triu
VND i vi hn mc vay khng c m bo l 110 triu la M v 2.200 t VND cp cho
cng ty con nhng cha gii ngn. Ph duy tr hn mc vay ny c hon tr trong nm 2015 v
2016;
(b) 278.398 triu VND lin quan n khon li phi thu c gia hn, o hn trong nm 2019, c
trch lp t khon vay 2.000 t VND cp cho mt cng ty con trong nm 2011 c hon tr
trong nm 2012;
(c) 1.072.169 triu VND lin quan n cc khon vay khng c m bo gia Cng ty v mt cng
ty con vi n gc vay l 1.052.769 triu VND v li phi thu l 19.400 triu VND. Cc khon vay
ny o hn vo nm 2018 v chu li sut nm l 12%; v
(d) Cc hp ng cho vay khng c m bo gia Cng ty v mt cng ty con vi s tin l 424.788
triu VND v li phi thu l 25.395 triu VND. Cc khon vay ny chu li sut nm t 10% n
10,5% v s c hon tr vo ngy o hn trong nm 2016.

Mu B 09 DN/HN
36
8. Hng tn kho
Tp on
31/12/2013 31/12/2012
Triu VND Triu VND

Hng mua ang i ng 49.521 15.349
Nguyn vt liu 381.333 396.321
Cng c v dng c 326.413 26.794
Sn phm d dang 90.522 88.448
Thnh phm 223.444 48.934
Hng ha tn kho 19.840 -

1.091.073 575.846
D phng gim gi hng tn kho (20.739) (11.991)

1.070.334 563.855
Bin ng d phng gim gi hng tn kho trong nm nh sau:

Tp on
2013 2012
Triu VND Triu VND

S d u nm 11.991 12.901
Tng d phng trong nm 38.187 46.618
S dng d phng trong nm (24.495) (41.705)
Hon nhp (4.944) (5.823)

S d cui nm 20.739 11.991

Ti ngy 31 thng 12 nm 2013, mt phn hng tn kho ca Tp on c th chp vi ngn hng m
bo cho cc khon vay ca cc cng ty con (xem Thuyt minh 17).

Mu B 09 DN/HN
37
9. Ti sn c nh hu hnh
Tp on

Nh ca v
vt kin trc
Nng cp ti
sn thu
Thit b
vn phng
My mc v
thit b
Phng tin
vn chuyn

Tng
Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND
Nguyn gi
S d u nm 453.709 22.525 69.412 1.454.828 39.954 2.040.428
Tng t hp nht
kinh doanh 56.666 - 1.892 39.960 12.677 111.195
Tng trong nm 2.176 584 5.365 18.122 6.008 32.255
Chuyn t xy dng
c bn d dang 115.474 71.111 15.948 135.580 2.210 340.323
Phn loi li sang chi ph
tr trc ngn hn (*) (37) - (7.341) (3.246) (1.279) (11.903)
tr trc di hn (*) (703) - (12.991) (11.084) (476) (25.254)
Thanh l (266) - (451) (28.518) (195) (29.430)

S d cui nm 627.019 94.220 71.834 1.605.642 58.899 2.457.614
Gi tr hao mn ly k

S d u nm 53.957 11.661 26.792 382.084 18.623 493.117
Khu hao trong nm 32.865 17.450 17.477 200.227 7.726 275.745
tr trc ngn hn (*) (35) - (3.664) (2.506) (583) (6.788)
tr trc di hn (*) (610) - (7.277) (7.421) (245) (15.553)
Thanh l (114) - (396) (19.682) (144) (20.336)

S d cui nm 86.063 29.111 32.932 552.702 25.377 726.185
Gi tr cn li

S d u nm 399.752 10.864 42.620 1.072.744 21.331 1.547.311
S d cui nm 540.956 65.109 38.902 1.052.940 33.522 1.731.429

Bao gm trong nguyn gi ca ti sn c nh hu hnh l ti sn tr gi 128.897 triu VND khu hao ht
ti ngy 31 thng 12 nm 2013 (31/12/2012: VND71.270 million), nhng vn ang c s dng.

Mu B 09 DN/HN
38
Gi tr cn li ca ti sn c nh hu hnh khng cn s dng v ch thanh l l 1.547 triu VND ti ngy
31 thng 12 nm 2013 (31/12/2012: 24.138 triu VND).

Gi tr cn li ca thit b tm thi khng s dng trong ti sn c nh hu hnh l 48.573 triu VND ti
ngy 31 thng 12 nm 2013 (31/12/2012: 35.566 triu VND).

Ti ngy 31 thng 12 nm 2013, ti sn c nh hu hnh vi gi tr ghi s l 676.017 triu VND
(31/12/2012: 613.304 triu VND) c th chp vi ngn hng m bo cho cc khon vay ca cc cng
ty con (xem Thuyt minh 17 v Thuyt minh 21).
Cng ty:

Nng cp
ti sn thu
Thit b
vn phng Tng
Triu VND Triu VND Triu VND
Nguyn gi

S d u nm 15.083 2.615 17.698
Tng trong nm 584 794 1.378
Chuyn t xy dng c bn d dang 71.111 3.733 74.844
Phn loi li sang chi ph tr trc ngn hn (*) - (437) (437)
Phn loi li sang chi ph tr trc di hn (*) - (918) (918)

S d cui nm 86.778 5.787 92.565
Gi tr hao mn ly k
S d u nm 4.988 1.003 5.991
Khu hao trong nm 16.991 2.193 19.184
Phn loi li sang chi ph tr trc ngn hn (*) - (311) (311)
Phn loi li sang chi ph tr trc di hn (*) - (335) (335)

S d cui nm 21.979 2.550 24.529
Gi tr cn li
S d u nm 10.095 1.612 11.707
S d cui nm 64.799 3.237 68.036

(*) Vic phn loi li ny phn nh gi tr cn li ca cc ti sn c nh hin c khng p ng mt trong cc
tiu chun ghi nhn l ti sn c nh theo quy nh ti iu 3, Thng t 45, l c nguyn gi t 30 triu
VND tr ln. Cc ti sn ny c phn loi li l Chi ph tr trc ngn hn v Chi ph tr trc di hn
(Thuyt minh 14).

Mu B 09 DN/HN
39
10. Ti sn c nh hu hnh thu ti chnh
Tp on

My mc
v thit b
Triu VND
Nguyn gi
S d u nm -
Tng trong nm 67.300

S d cui nm 67.300
Gi tr hao mn ly k
S d u nm -
Khu hao trong nm 8.973

S d cui nm 8.973
Gi tr cn li
S d u nm -
S d cui nm 58.327

Mt cng ty con ca Cng ty thu thit b th nghim th nghim luyn kim theo tha thun thu ti
chnh (Thuyt minh 21(f)).

Mu B 09 DN/HN
40
11. Ti sn c nh v hnh
Tp on

Quyn s
dng t
Phn mm
vi tnh Nhn hiu
Quan h
khch hng
Ngun nc
khong Tng
Nguyn gi

S d u nm 144.357 19.344 544.435 320.647 - 1.028.783
Tng t hp nht
kinh doanh 27.201 332 158.431 54.463 305.336 545.763
Tng trong nm 2.246 7.161 - - - 9.407
Chuyn t xy dng c
bn d dang - 15.097 - - - 15.097
tr trc ngn hn (*) - (1.547) - - - (1.547)
tr trc di hn (*) (11) (423) - - - (434)

S d cui nm 173.793 39.964 702.866 375.110 305.336 1.597.069
Gi tr hao mn ly k

S d u nm 15.920 10.601 63.927 74.819 - 165.267
Khu hao trong nm 4.274 7.236 61.738 67.969 2.387 143.604
tr trc ngn hn (*) - (309) - - - (309)
tr trc di hn (*) - (165) - - - (165)

S d cui nm 20.194 17.363 125.665 142.788 2.387 308.397
Gi tr cn li

S d u nm 128.437 8.743 480.508 245.828 - 863.516
S d cui nm 153.599 22.601 577.201 232.322 302.949 1.288.672

Bao gm trong nguyn gi ca ti sn c nh v hnh l ti sn tr gi 7.274 triu VND khu hao ht ti
ngy 31 thng 12 nm 2013 (31/12/2012: 1.931 triu VND), nhng vn ang c s dng.

Ti ngy 31 thng 12 nm 2013, quyn s dng t vi gi tr ghi s l 72.958 triu VND (31/12/2012:
53.659 triu VND) c th chp vi ngn hng bo m cho cc khon vay ca cc cng ty con (xem
Thuyt minh 17).

Mu B 09 DN/HN
41
Cng ty:

Phn mm
vi tnh
Triu VND
Nguyn gi
S d u nm 1.566
Tng trong nm 505
Chuyn t xy dng c bn d dang 2.161
Phn loi li sang chi ph tr trc di hn (*) (18)

S d cui nm 4.214
Gi tr hao mn ly k
S d u nm 464
Khu hao trong nm 689
Phn loi li sang chi ph tr trc di hn (*) (4)

S d cui nm 1.149
Gi tr cn li
S d u nm 1.102
S d cui nm 3.065

VND tr ln. Cc ti sn ny c phn loi li l Chi ph tr trc ngn hn v Chi ph tr trc di hn
(Thuyt minh 14).

Mu B 09 DN/HN
42
12. Xy dng c bn d dang
Tp on Cng ty
2013 2012 2013 2012

S d u nm 15.317.924 9.425.067 71.628 3.568
Tng t hp nht kinh doanh 1.047 - - -
Tng trong nm 5.094.361 6.672.427 16.009 68.060
Chuyn sang ti sn c nh hu hnh (340.323) (769.884) (74.844) -
Chuyn sang ti sn c nh v hnh (15.097) (1.904) (2.161) -
Chuyn sang chi ph tr trc ngn hn (5.779) - (570) -
Chuyn sang chi ph tr trc di hn (9.200) (7.782) (41) -

S d cui nm 20.042.933 15.317.924 10.021 71.628

Ti ngy 31 thng 12 nm 2013, xy dng c bn d dang vi gi tr ghi s l 176.983 triu VND
(31/12/2012: Khng) c th chp ti ngn hng m bo cho cc khon vay ca cc cng ty con (xem
Thuyt minh 17).

Trong nm, chi ph vay c vn ha vo xy dng c bn d dang l 1.117.239 triu VND (cho nm kt
thc ngy 31 thng 12 nm 2012: 1.040.937 triu VND).

13. Cc khon u t
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

u t di hn
u t vo cng ty con - - 7.422.796 12.490.634
u t vo cc cng ty lin kt (a) 10.757.867 10.948.119 8.932.424 8.932.424
u t di hn khc (b) 3.600 365.500 - -

10.761.467 11.313.619 16.355.220 21.423.058

u t ngn hn
Tin gi c k hn ti ngn hng 3.287.000 1.840.500 - 68.000

3.287.000 1.840.500 - 68.000

Mu B 09 DN/HN
43
Chi tit cc khon u t vo cc cng ty con ca Cng ty nh sau:

31/12/2013 31/12/2012
Triu VND Triu VND

Cng ty C phn Hng Tiu Dng Ma San 3.591.682 10.333.461
Cng ty TNHH Mt Thnh Vin MasanConsumerHoldings
(trc y l Cng ty TNHH Mt Thnh Vin T vn Hoa Bng Lng) 516.600 516.600
Cng ty TNHH Mt Thnh Vin T vn Hoa Phong Lan 441.200 441.200
Cng ty C Phn Tm Nhn Ma San 2.873.314 1.199.373

7.422.796 12.490.634

Trong thng 12 nm 2013, tn ca Cng ty TNHH Mt Thnh Vin T vn Hoa Bng Lng c i
thnh Cng ty TNHH Mt Thnh Vin MasanConsumerHoldings (MSC Holdings). Cng ty chuyn
41,39% li ch vn ch s hu bng gi gc trong Cng ty C phn Hng Tiu Dng Ma San (MSC)
sang cho MSC Holdings vi gi tr tng ng 6.949.241 triu VND.

Chi tit cc cng ty con c hp nht ti ngy 31 thng 12 nm 2013:

Tn cng ty a ch

MasanConsumerHoldings (trc y l
Hoa Bng Lng)
Phng 802, Tng 8, Ta nh Central Plaza, s 17 L Dun,
Phng Bn Ngh, Qun 1, Thnh ph H Ch Minh, Vit Nam

Hoa Phong Lan
Phng Bn Ngh, Qun 1, Thnh ph H Ch Minh, Vit
Nam

Cng ty C phn Hng Tiu Dng
Ma San
Tng 12, Ta nh Kumho Asiana Plaza Saigon, s 39 L Dun,

Thc phm Ma San

Cng nghip Ma San
L 6, Khu Cng nghip Tn ng Hip A, Huyn D An, Tnh
Bnh Dng, Vit Nam

Cng ngh Thc phm Vit Tin
L III-10-Nhm Cng nghip III, Khu Cng nghip Tn Bnh,
Qun Tn Ph, Thnh ph H Ch Minh, Vit Nam

Ma San HD
L 22, Khu Cng nghip i An, Thnh ph Hi Dng, Vit
Nam

Cng ty C phn Ma San PQ 261 Nguyn Trung Trc, Phng 5, Th trn Dng ng,
Huyn Ph Quc, Tnh Kin Giang, Vit Nam

Mu B 09 DN/HN
44
Tn cng ty a ch

Cng ty TNHH Mt Thnh Vin Bao b
Minh Vit
L III-12-Nhm Cng nghip III, Khu Cng nghip Tn Bnh,
Qun Tn Ph, Thnh ph H Ch Minh, Vit Nam

Cng ty C phn VinaCafe Bin Ha Khu Cng nghip Bin Ha 1, Thnh ph Bin Ha, Tnh ng
Nai, Vit Nam

Cng ty C phn Nc khong Vnh Ho 346 Hi Thng Ln ng, Phng Ph Ti, Thnh ph Phan
Thit, tnh Bnh Thun, Vit Nam

Cng ty C phn TM DV & SX
Krngpha
Km s 37, Quc l 27, Th trn Tn Sn, Huyn Ninh Sn, tnh
Ninh Thun, Vit Nam

Cng ty C phn Masan Agri (trc y
l Cng ty TNHH Mt Thnh Vin Hoa
Mi Gi)

Cng ty C Phn Tm Nhn Ma San Phng 802, Tng 8, Ta nh Central Plaza, s 17 L Dun,

Cng ty C Phn Ti Nguyn Ma San Phng 802, Tng 8, Ta nh Central Plaza, s 17 L Dun,

Cng ty TNHH Mt Thnh Vin Ti
Nguyn Ma San Thi Nguyn

Cng ty TNHH Mt Thnh Vin Thng
mi v u t Thi Nguyn
Tng 8, Ta nh Central Plaza, s 17 L Dun, Phng Bn
Ngh, Qun 1, Thnh ph H Ch Minh, Vit Nam

Cng ty TNHH Khai Thc Ch Bin
Khong Sn Ni Pho
X H Thng, Huyn i T, Tnh Thi Nguyn, Vit Nam

Mu B 09 DN/HN
45
(a) u t vo cc cng ty lin kt
Chi tit cc khon u t vo cc cng ty lin kt nh sau:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Ngn hng Thng mi C phn K
thng Vit Nam (Techcombank) (*) 8.604.935 8.980.732 8.932.424 8.932.424
Cng ty C phn Vit Php Sn Xut
Thc n Gia Sc Proconco
(Proconco) (**) 2.152.932 1.967.387 - -

10.757.867 10.948.119 8.932.424 8.932.424

(*) Khon u t vo Techcombank phn nh khon u t tng ng 30,36% (31/12/2012: 30,44%)
li ch kinh t thc t ca Techcombank ti ngy 31 thng 12 nm 2013. Li ch kinh t thc t ca
Tp on bao gm 15,64% thng qua li ch vn ch s hu v 14,72% thng qua tri phiu chuyn
i k hn 10 nm pht hnh bi Techcombank m Cng ty ng chuyn i mt cch bt buc
v khng th hy ngang trong thi hn chuyn i, theo cc quy nh php l v cc thng l c
chp thun.
(**) Tp on nm gi 15,14% (31/12/2012: 31,32%) li ch vn ch s hu ca Proconco ti ngy 31
thng 12 nm 2013, s suy gim t 31,32% ti ngy 31 thng 12 nm 2012, do kt qu thay i li
ch kinh t thc t ca Cng ty C phn Hng Tiu Dng Ma San trong Cng ty C phn Masan
Agri (trc y l Cng ty TNHH Mt Thnh Vin Hoa Mi Gi), nm gi 40% li ch trc tip
trong Proconco.

(b) u t di hn khc
Chi tit ca cc khon u t di hn khc nh sau:
Tp on
31/12/2013
Triu VND
31/12/2012
Triu VND

Tin gi c k hn ti ngn hng - 365.500
u t vo Cng ty C phn To Vnh Ho 3.600 -

3.600 365.500

Cc khon tin gi c k hn bng Vit Nam ng, c k hn gc trn 12 thng k t ngy giao dch v
chu li sut nm dao ng t 6% n 8% (31/12/2012: dao ng t 9% n 11,5%) trong nm.

Khon u t vo Cng ty C phn To Vnh Ho l khon u t ca Cng ty C phn Nc khong Vnh
Ho vo 1.200.000 c phiu phn nh 14,14% li ch vn ch s hu trong Cng ty C phn To Vnh Ho.

Mu B 09 DN/HN
46
(c) Cc giao dch vi cc cng ty con trong nm kt thc ngy 31 thng 12 nm 2013 cc giao
dch vi c ng thiu s
(i) Cc giao dch vi c ng thiu s trong Cng ty C phn Hng Tiu Dng Ma San
Vo ngy 16 thng 1 nm 2013, Cng ty mua thm 0,45% li ch vn ch s hu trong Cng ty C phn
Hng Tiu Dng Ma San (MSC), mt cng ty con, t c ng thiu s vi s tin l 207.462 triu VND,
dn n nh hng sau:

Triu VND

Gi mua (207.462)
Ti sn thun tng thm 48.032

Chnh lch c ghi nhn trong vn khc (159.430)

Vo ngy 25 thng 1 nm 2013, KKR Masan Aggregator L.P, mt chi nhnh ca KKR, mua c phiu
mi do MSC pht hnh tng ng 4,35% ca s c phiu sau khi pht hnh vi gi tr l 2.272.364 triu
VND. nh hng suy gim ca vic Tp on khng ng k mua cc c phiu mi do MSC pht hnh
nh sau:

Triu VND

C phiu c pht hnh m Tp on khng ng k mua, sau khi cn tr cc chi ph
giao dch 2.204.951
Ti sn thun suy gim (866.541)

Chnh lch c ghi nhn trong vn khc 1.338.410

Cng vi vic pht hnh vo ngy 25 thng 1 nm 2013, MSC k mt tha thun vi nh u t pht
hnh thm c phiu da trn nhng iu kin nh gi nht nh lin quan n li nhun ca MSC nm
2013. S c phiu s phi pht hnh thm lm cho li ch kinh t ca Tp on trong MSC suy gim
nh sau:

Triu VND

C phiu c pht hnh m Tp on khng ng k mua -


Tuy nhin, sau ngy 31 thng 12 nm 2013, nh u t hy b yu cu ny dn n li ch kinh t ca
Tp on trong MSC tng tr li mc 77,4% nh trc .

Trong thi hn 6 nm k t ngy giao dch c hiu lc, nu MSC khng hon tt vic pht hnh c phiu
ln u ra cng chng theo cc yu cu trong tha thun trc , nh u t s c quyn chn bn ton b
hoc i mt phn c phiu MSC ly c phiu ca Cng ty theo t l tha thun trc .

Mu B 09 DN/HN
47
Nu nh u t khng thc hin quyn chn bn ny trong thi hn hiu lc, Cng ty c quyn mua c
phiu MSC t nh u t trong khong thi gian mt nm sau khi kt thc thi hn ca quyn chn bn
bng tin hoc bng c phiu ca Cng ty hoc 50% va bng tin v 50% bng c phiu vi gi tr
c tha thun trc vi nh u t. trnh khi quan ngi, quyn chn mua s chm dt hiu lc nu
MSC hon tt vic pht hnh c phiu ln u ra cng chng v p ng mt s yu cu tha thun
trc.

Vo ngy 18 thng 6 nm 2013, MSC pht hnh c phiu cho mt s nhn vin theo k hoch th lao
bng c phiu cho nhn vin sau khi nhn c s ph duyt ca cc c ng ti cuc hp i hi C ng
thng nin, dn n nh hng sau:

Triu VND

C phiu c pht hnh theo mnh gi m Tp on khng ng k mua 19.950


Vo ngy 26 thng 8 nm 2013, MSC k kt tha thn vi Vietnam Growth Capital Pte. Ltd., (TPG)
bn 49% c phn ca Cng ty C phn Masan Agri (Masan Agri), mt cng ty con ca MSC, nm gi
40% li ch trc tip trong Proconco. TPG thanh ton khon tin l 1.061.862 triu VND mua lng
c phn t MSC, dn n nh hng sau:

Triu VND

Gi bn 1.061.862
Ti sn thun suy gim (1.027.277)

Chnh lch c ghi nhn trong vn khc 34.585

Nh mt phn ca giao dch, Cng ty cp cho TPG mt quyn chn bn 49% c phn ca Masan
Agri i ly c phiu ca Cng ty sau ba nm k t ngy giao dch. S lng c phiu c pht hnh
trong s kin ny s c thc hin da trn gi th trng c phiu ca Cng ty v s lng c phiu m
cho php TPG hng mc mt mc li tc nht nh da trn gi tr khon u t chi tr. Ngoi ra,
TPG cng cp cho Cng ty mt quyn chn mua 49% c phn v cc li ch khc m TPG c th thu c
t Masan Agri. Quyn chn mua ny c th thc hin trong vng 30 ngy sau 3 nm k t ngy kt thc
giao dch u tin, vi s tin bng VND tng ng vi gi mua cng vi khon tin m cho php TPG
hng mc li tc nht nh da trn tng gi mua v tt c vn gp ca TPG.

Ngoi ra, da trn cc iu kin nht nh, Cng ty cp cho TPG mt quyn chn ng k mua c phiu
tng ng vi gi tr ln hn gia 25% gi mua ban u hoc gi tr hp l ca quyn chn ny da trn
gi tr c phiu l 90.000 VND mt c phiu.

Mu B 09 DN/HN
48
(ii) Cc giao dch vi c ng thiu s trong Cng ty C phn Ti nguyn Ma San
Vo ngy 25 thng 1 nm 2013, BI Private Equity New Market III K/S (PENM II) ng k mua
15.902.430 c phiu u i chuyn i bt buc ca Cng ty C phn Ti Nguyn Ma San (MR) vi s
tin l 520.709 triu VND. Bn nm gi cc c phiu u i chuyn i bt buc ny s c tr c tc
hng nm c nh dao ng t 3% n 10% trn vn gc v cc c phiu u i ny bt buc phi chuyn
i thnh c phiu ph thng trong vng 4 nm. Cc c phiu u i ny cng cho PENM II quyn c
nhn c tc cng b cho cc c ng ph thng tng ng vi t l c phn nm gi v s t ng chuyn
i thnh c phiu ph thng trong trng hp MR b gii th.

Nh mt phn ca tha thun, MR c th thc hin quyn chuyn i hoc buc phi chuyn i s c
phiu u i thnh c phiu ph thng theo cc iu khon ca tha thun.

Gia thng 4 v thng 6 nm 2013, MR pht hnh 99.182.832 c phiu ph thng trong nhiu t vi
mc gi 18.726 VND mt c phiu cho cc c ng hin hu ca MR vi s tin l 1.857.297 triu VND.
Cng ty C Phn Tm Nhn Ma San, mt cng ty con ca Cng ty, PENM II v Cng ty MRC Limited, mt
cng ty u t c qun l bi Mount Kellett Capital Management LP, mua ln lt l 89.391.298 c
phiu, 3.180.486 c phiu v 6.611.048 c phiu vi s tin ln lt l 1.673.941 triu VND, 59.558 triu
VND v 123.798 triu VND.

Vo thng 7 nm 2013, MR pht hnh 29.420.151 c phiu ph thng vi mnh gi 10.000 VND mt c
phiu cho Cng ty MRC Limited, vi khon tin mt tng ng 294.202 triu VND. Tha thun ny l
mt phn ca vic iu chnh vn ch s hu t giao dch ngy 16 thng 3 nm 2011 gia MR v Cng ty
MRC Limited (xem thuyt minh 13(e)(ii)).

Vo thng 8 nm 2013, Tp on k kt cc tha thun thay i v thc hin quyn chn mua v mua
100% c phiu ca MR t Dragon Capital (xem Thuyt minh 21(b)(iii)) vi khon tin tng ng
899.175 triu VND c chi tr bng tin mt.

Trong thng 12 nm 2013, MR pht hnh c phiu cho mt vi nhn vin theo k hoch chi tr c phiu
cho nhn vin sau khi c ph duyt ca cc c ng trong cuc hp i hi ng C ng. Trong nm,
mt cng ty con ca cng ty, Cng ty C Phn Tm Nhn Ma San mua 8.392.857 c phiu m MR pht
hnh theo k hoch chi tr th lao bng c phiu vi s tin l 123.342 triu VND.

Tng th li ch thc t ca Tp on trong MR trong nm tng t 65% n 75,9% sau cc giao dch trn,
dn n nh hng sau:

Triu VND

C phiu c pht hnh m Tp on khng ng k mua, sau i cn tr cc chi ph
giao dch 865.745
C phiu c pht hnh m Tp on ng k mua, sau khi cn tr cc chi ph giao dch (1.614.533)

Chnh lch c ghi nhn trong vn khc 70.184

Mu B 09 DN/HN
49
Bin ng vn khc nh sau:

Triu VND
S d ti ngy 1 thng 1 nm 2013 (8.619.479)
Mua li cc cng c vn ch s hu (xem Thuyt minh 25(c)) (1.056.440)
Tng li ch ca c ng thiu s ti MSC 675.965
Gim li ch ca c ng thiu s ti MR 70.184

S d ti ngy 31 thng 12 nm 2013 (8.929.770)

(d) Cc giao dch vi cc cng ty con trong nm 2012
(i) Pht hnh c phiu cho mt s nhn vin
Vo ngy 15 thng 5 nm 2012, Cng ty C phn Hng Tiu dng Ma San (MSC), mt cng ty con,
pht hnh c phiu cho mt s nhn vin, dn n nh hng sau:

Triu VND

C phiu c pht hnh theo mnh gi m khng c ng k mua bi Tp on 12.500


(ii) Thu mua li ch c ng thiu s trong cng ty con
Vo ngy 26 thng 12 nm 2012, Cng ty thu mua thm 4,64% li ch kinh t trong MSC bng tin c
gi tr l 1.932.637 triu VND, dn n nh hng sau:

Triu VND

Gi mua (1.932.637)

Chnh lch c ghi nhn trong vn khc (1.440.708)

Mu B 09 DN/HN
50
(iii) Mua li li ch c ng thiu s trong Cng ty C phn Vinacafe Bin Ha
Trong nm 2012, li ch thc t ca Tp on trong Cng ty C phn Vinacafe Bin Ha (Vinacafe)
tng t 38,4% ln 43% (li ch thc t trc tip ca Cng ty C phn Hng Tiu Dng Ma San tng t
50,25% ln 53,2%) do kt qu ca cc giao dch mua thm li ch vn ch s hu vi tng s tin l
122.044 triu VND.

Tt c cc giao dch mua ny c thc hin thng qua mt cng ty con, Cng ty C phn Hng Tiu Dng
Ma San, v tt c cc giao dch mua c thanh ton bng tin.

Vic mua li ny dn n cc nh hng sau:

Triu VND

Gi mua (122.044)

(73.664)
Chnh lch phn b vo li ch c ng thiu s 17.556


(e) Cc giao dch vi cc cng ty con trong nhng nm trc
(i) Cc giao dch vi c ng thiu s trong Cng ty C phn Hng Tiu Dng Ma San
Vo ngy 7 thng 4 nm 2011, Kohlberg Kravis Roberts & Co. L.P. (KKR) thng qua Cng ty MC
Holdings II (Cayman) Limited mua c phiu mi do Cng ty C phn Hng Tiu Dng Ma San
(MSC) pht hnh tng ng 10% c phn sau khi pht hnh vi gi tr l 3.327.552 triu VND.

Cng vi vic pht hnh trn, Cng ty k mt tha thun vi nh u t, trong nu vic nh gi vn
ch s hu ca MSC cn c trn 16 ln ca li nhun ca nm 2011 khng t c mc nh gi ca MSC
tha thun ban u, Cng ty s chuyn mt s c phiu nht nh ca MSC cho nh u t t c
mc nh gi thc t l 16 ln li nhun ca nm 2011. Ngoi ra, nu tc tng trng li nhun ca
MSC trong giai on cc nm 2011-2013 thp hn t l sinh li ni b tha thun mc 20% bng tin
VND hoc 15% bng tin la M theo cch chn la ca Cng ty, Cng ty cng s chuyn giao mt s
lng c phiu MSC nht nh thuc s hu Cng ty cho nh u t. Ti ngy 31 thng 12 nm 2013, t l
tng trng li nhun t nm 2011-2013 ca MSC vt trn mc t l sinh li ni b tha thun ban u
v Cng ty khng c ngha v php l chuyn nhng c phiu ca MSC cho nh u t.

Trong thi hn 6 nm k t ngy giao dch c hiu lc, nu MSC khng hon tt vic pht hnh chng
khon ln u ra cng chng, theo quy nh trong tha thun, nh u t s c quyn chn bn c phiu
MSC i ly c phiu ca Cng ty trong mt thi gian nht nh. Nu nh u t khng thc hin quyn
chn bn ny trong thi hn hiu lc, Cng ty c th mua c phiu MSC t nh u t trong khong thi
gian mt nm sau khi kt thc thi hn ca quyn chn bn bng tin mt hoc bng c phiu ca Cng ty
hoc bng 50% va bng tin v 50% bng c phiu vi gi tr c tha thun trc vi nh u t.

Mu B 09 DN/HN
51
(ii) Cc giao dch vi c ng thiu s trong Cng ty C phn Ti nguyn Ma San
Vo ngy 16 thng 3 nm 2011, Mount Kellett Capital Management LP thng qua Cng ty MRC Limited
ng k mua c phiu mi ca Cng ty C phn Ti Nguyn Ma San (MR) bng tin c gi tr l 100
triu la M tng ng 2.059.120 triu VND. Nh u t s hu 20% li ch trong MR. Cng vi
giao dch ny, Tp on u t 487.500 triu VND vo MR mua c phiu ph thng mi pht hnh, tng
hp li lm suy gim li ch ca Tp on trong MR t 80% xung cn 65%. Cng ty cng cp cho nh
u t quyn bn 20% quyn s hu trong MR i ly c phiu ca Cng ty trong trng hp MR cha
c nim yt trong vng 4,5 nm sau khi kt thc giao dch. S c phiu pht hnh trong trng hp
quyn bn c thc hin s c cn c theo gi giao dch c phiu ca Cng ty v s lng c phiu
cho php nh u t thu c t l sinh li ni b hng nm l 15%, da vo s tin la M u t.

Mt tha thun iu chnh vn ch s hu cng c bao gm trong hp ng trn, trong da trn cc
iu kin tha thun nht nh, MR phi pht hnh thm mt lng c phiu cho nh u t.

Vo ngy 11 thng 7 nm 2013, Cng ty MRC Limited mua thm 29.420.151 c phiu ph thng do
Cng ty C phn Ti nguyn Ma San (MR) pht hnh vi gi mua l 10.000 VND mt c phiu (xem
Thuyt minh 13(c)(ii)) do kt qu t vic iu chnh vn ch s hu nu trn.

(iii) Hp ng hon i k kt trong nm 2010
Hp ng hon i MSC Cng vi vic mua thm 16% li ch kinh t ca MSC trong nm 2010, Cng ty
k kt hp ng hon i vi ngi bn. Hp ng hon i cho php Cng ty nhn t khng n
2.609.503 triu ng tin mt trong vng 3,5 nm da trn kt qu hot ng ca MSC t nm 2011 n
nm 2013. Khon phi thu t hp ng hon i ny da trn li nhun v s tng trng li nhun ca
MSC v s dao ng trong khon t 1.538 t VND n 2.000 t VND. Khon phi thu theo hp ng hon
i ny l mt ti sn tim tng v khng c ghi nhn v vic thu khon ny l khng chc chn. Trong
nm, Cng ty v bn bn k tha thun chm dt hp ng hon i ny.

Mu B 09 DN/HN
52
14. Chi ph tr trc di hn
Tp on

Chi ph
trc
hot ng
Chi ph
t tr
trc Trc in
Cng c v
dng c Chi ph vay
Ph nng
cp trang
web
Chi ph
khc Tng

Triu
VND
Triu
VND
Triu
VND
Triu
VND
Triu
VND
Triu
VND
Triu
VND
Triu
VND

S d u nm 56.796 2.286 755 15.877 21.210 136 - 97.060
Tng t hp nht
kinh doanh - - - 6.075 - - - 6.075
Tng trong nm 2.000 - 4.039 10.061 328.453 - 8.089 352.642
Chuyn t xy dng
c bn d dang - - - 9.159 - - 41 9.200
Chuyn t ti sn c
nh hu hnh - - - 9.118 - - 583 9.701
Chuyn t ti sn c
nh v hnh - - - 255 - - 14 269
Phn loi li
t/(sang) chi ph tr
trc ngn hn - - - (5.154) - - - (5.154)
Phn b trong nm - (60) (3.578) (19.141) (42.846) (136) (336) (66.097)
Xa s - - (73) (270) - - - (343)

S d cui nm 58.796 2.226 1.143 25.980 306.817 - 8.391 403.353

Cng ty

Chi ph vay
Ph nng cp
trang web Chi ph khc Tng

S d u nm 21.210 136 - 21.346
Tng trong nm 44.000 - 111 44.111
Chuyn t ti sn c nh hu hnh - - 583 583
Chuyn t ti sn c nh v hnh - - 14 14
Chuyn t xy dng c bn d dang - - 41 41
Phn b trong nm (12.398) (136) (250) (12.784)

S d cui nm 52.812 - 499 53.311

Mu B 09 DN/HN
53
VND tr ln. Cc ti sn ny c phn loi li t ti sn c nh hu hnh v v hnh trong k (Thuyt
minh 9 v Thuyt minh 11). Gi tr cn li ca cc ti sn ny c tnh khu hao theo phng php ng
thng trong thi gian hu dng c tnh, nhng khng qu 3 nm.

15. Ti sn thu thu nhp hon li v thu thu nhp hon li phi tr
(i) Ti sn thu thu nhp hon li v thu thu nhp hon li phi tr c ghi nhn
Tp on
31/12/2013 31/12/2012
Triu VND Triu VND

Ti sn thu thu nhp hon li:
Chit khu hng bn phi tr 8.891 9.133
Chi ph qung co khuyn mi phi tr 57.987 14.193
Chi ph vn chuyn phi tr 9.486 6.677
Chi ph phi tr khc 9.755 4.041
Li nhun cha thc hin i vi cc giao dch ni b 1.453 1.991

87.572 36.035

Thu thu nhp hon li phi tr:
Xy dng c bn d dang (751.021) (751.021)
Ti sn c nh hu hnh (15.954) (11.330)
Ti sn c nh v hnh (194.506) (97.766)
Thu nhp li phi tr (190.235) -

(1.151.716) (860.117)
(1.064.144) (824.082)

Mu B 09 DN/HN
54
(ii) Bin ng cc chnh lch tm thi trong nm
Tp on
31/12/2012
Tng t hp
nht kinh
doanh
c ghi nhn
vo thu nhp 31/12/2013

Chit khu hng bn phi tr 9.133 - (242) 8.891
Chi ph khuyn mi v qung co phi tr 14.193 - 43.794 57.987
Chi ph vn chuyn phi tr 6.677 - 2.809 9.486
Chi ph phi tr khc 4.041 - 5.714 9.755
Li nhun cha thc hin t cc giao dch ni b 1.991 - (538) 1.453
Xy dng c bn d dang (751.021) - - (751.021)
Ti sn c nh hu hnh (11.330) (6.249) 1.625 (15.954)
Ti sn c nh v hnh (97.766) (107.404) 10.664 (194.506)
Thu nhp li phi tr - - (190.235) (190.235)

(824.082) (113.653) (126.409) (1.064.144)

(iii) Ti sn thu thu nhp hon li cha c ghi nhn
Ti sn thu thu nhp hon li cha c ghi nhn i vi khon mc sau:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Chi ph phi tr khc 7.373 3.127 7.373 3.127
L tnh thu 364.880 129.860 320.574 107.657

372.253 132.987 327.947 110.784

Theo cc quy nh thu hin hnh chnh lch tm thi c khu tr khng b ht hiu lc. L tnh thu s
ht hiu lc trong nm nm k t nm pht sinh. Ti sn thu thu nhp hon li khng c ghi nhn i
vi cc khon mc ny bi v khng chc chn s c li nhun tnh thu trong tng lai Tp on v
Cng ty c th s dng cc li ch thu ca cc khon mc .

Mu B 09 DN/HN
55
L tnh thu ht hiu lc trong cc nm nh sau:
Nm ht hn Tnh hnh quyt ton thu S l c khu tr
Tp on Cng ty
Triu VND Triu VND

2014 Cha quyt ton 16.525 11.097
2015 Cha quyt ton 4.700 -
2016 Cha quyt ton 239.700 215.633
2017 Cha quyt ton 292.564 216.405
2018 Cha quyt ton 945.284 839.162

1.498.773 1.282.297
16. Li th thng mi
Tp on
31/12/2013
Triu VND
Nguyn gi
S d u nm 284.728
Tng trong nm 236.217

S d cui nm 520.945
Gi tr hao mn ly k

S d u nm 36.096
Phn b trong nm 47.730

S d cui nm 83.826
Gi tr cn li
S d u nm 248.632
S d cui nm 437.119

Mu B 09 DN/HN
56
17. Vay v n ngn hn
Tp on Cng ty

31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND

Vay ngn hn 4.245.567 1.540.393 2.123.200 -
N di hn n hn tr (xem Thuyt minh 21) 2.390.343 252.991 188.100 -

6.635.910 1.793.384 2.311.300 -

iu kin v iu khon ca cc khon vay ngn hn hin cn s d nh sau:

Loi Li sut danh Tp on Cng ty
tin ngha nm 31/12/2013 31/12/2012 31/12/2013 31/12/2012

Vay ngn hn
Khon vay ngn hng
c m bo VND 4,5%-10,74% 2.088.838 1.540.393 - -
Khon vay ngn hng
c m bo USD 4,5%-9,91% 968.762 - - -
Khon vay ngn hng
c m bo EUR 5% 1.080 - - -
Khon vay ngn hng
khng m bo VND 5,5%-7,5% 287.712 - - -
Khon vay khng m
bo t mt cng ty con VND 15% - - 2.123.200 -
Hi phiu nhn n (*) VND 899.175 - - -

4.245.567 1.540.393 2.123.200 -

Ti ngy 31 thng 12 nm 2013, cc khon vay ngn hng c m bo bng cc ti sn sau ca Tp on:

(i) Hng tn kho v cc khon phi thu khch hng vi gi tr ghi s l 30,5 triu USD, tng ng
642.940 triu VND (31/12/2012: 26,25 triu USD, tng ng 546.000 triu VND).

(ii) Ti sn c nh vi gi tr ghi s l 925.958 triu VND (31/12/2012: 666.963 triu VND). Mt
phn ca nhng ti sn c nh hu hnh vi gi tr ghi s l 885.745 triu VND (31/12/2012:
632.006 triu VND) cng c s dng m bo cho nhng khon vay di hn tng ng vi
cc khon m bo c trnh by Thuyt minh 21.

(iii) 87.080.774 c phiu do Cng ty nm gi trong Ngn hng Thng mi C phn K thng Vit
Nam (Techcombank) (31/12/2012: Khng), c phn b mt phn nh khon m bo cho
cc khon vay ngn hng. Nhng c phiu ny cng c s dng m bo cho nhng khon
vay di hn tng ng vi cc khon m bo c trnh by Thuyt minh 21.

Mu B 09 DN/HN
57
(*) Hi phiu nhn n khng c m bo c thanh ton sau ngy kt thc nm. Hi phiu nhn n
c pht hnh cho Dragon Capital nh mt khon tin thanh ton nhm thc hin mt quyn chn mua
100% c phiu trong MR (xem Thuyt minh 21(b)).

Ti ngy 31 thng 12 nm 2013, khon vay ngn hn 2.123.000 triu VND lin quan n khon vay khng
c m bo gia Cng ty v mt cng ty con, o hn trong nm 2014 v chu li sut nm l 15%.

18. Thu v phi np Nh nc
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Thu thu nhp doanh nghip 334.003 535.785 - -
Thu gi tr gia tng 91.603 39.626 - -
Thu xut nhp khu 3.332 11.446 - -
Thu thu nhp c nhn 27.112 14.126 - -
Cc loi thu khc 27.371 7.910 386 -

483.421 608.893 386 -

19. Chi ph phi tr
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Chi ph qung co v khuyn mi 279.737 139.125 - -
Li vay phi tr 423.814 549.848 303.400 415.560
Chi ph phi tr cho hng tn kho mua 16.252 28.139 - -
Chit khu hng bn 49.653 41.188 - -
Chi ph vn chuyn 46.056 30.615 - -
Thng v lng thng 13 198.675 98.624 - -
Ph t vn 104.365 127.954 32.476 38.074
Phi tr cho xy dng cng trnh 66.563 195.070 - -
Thu nh thu 33.729 31.183 5.251 10.013
Cc khon khc 359.522 59.185 138.784 7.828

1.578.366 1.300.931 479.911 471.475

Mu B 09 DN/HN
58
20. Phi tr khc
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Triu
VND
Triu
VND
Triu
VND
Triu
VND

Phi tr ngn hn khc
Bo him y t v bo him x hi 155 226 155 -
Tin k qu ngn hn ca khch hng 1.509 480 - -
Phi tr ngn hn khc cho mt cng ty con (a) - - 883.284 -
Phi tr cho vic mua c phiu ca mt cng
ty con 43.398 - - -
Khc 56.208 43.624 - -

101.270 44.330 883.439 -

N phi tr di hn khc
Cc khon phi tr di hn (b) 157.610 381.563 27.076 381.563
Phi tr di hn khc cho mt cng ty con (c) - - 1.725.360 1.432.596
Ngha v pht hnh c phiu (d)
(Thuyt minh 25(a)) 60.561 356.269 60.561 356.269
K qu di hn 16.517 - - -

234.688 737.832 1.812.997 2.170.428

(a) Phi tr ngn hn khc ca Cng ty cho mt cng ty con s tin l 883.284 triu VND bao gm khon ph
duy tr hn mc vay lin quan n hn mc vay cp v chi ph li vay lin quan n khon vay ngn hn
2.123.200 triu VND. Cc khon vay ny khng c m bo v phi tr vo thi gian o hn ca hp
ng vay.

(b) Khon phi tr di hn ca Tp on v Cng ty tng ng 27.076 triu VND (31/12/2012: 381.563 triu
VND) bao gm khon li gp lin quan n mt s cng c c trnh by trong Thuyt minh 25(a),(b),
khng c m bo v phi hon tr trong mi k su thng v mi hai thng t ngy gii ngn ca cc
cng c . S d cn li 130.534 triu VND (31/12/2012: Khng) bao gm trong khon phi tr di hn
ca Tp on lin quan n khon c tc c nh phi tr cho cc c phiu u i bt buc chuyn i do
mt cng ty con pht hnh c trnh by trong Thuyt minh 13(c)(ii).

(c) Khon phi tr di hn khc ca Cng ty cho mt cng ty con s tin l 1.725.360 triu VND (31/12/2012:
1.432.596 VND) bao gm khon li phi tr cho khon vay di hn bng VND l 6.286.800 triu VND.
Khon phi tr ny khng c m bo v phi tr vo thi gian o hn ca hp ng vay.

(d) Ngha v pht hnh c phiu th hin khon n phi tr pht hnh thm mt lng c phiu khng c
nh nh c trnh by trong Thuyt minh 25(a).

Mu B 09 DN/HN
59
21. Vay v n di hn
Tp on Cng ty

31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND

Vay di hn (a) 8.519.274 6.667.882 6.286.800 4.000.000
Hi phiu nhn n (b) - 2.855.764 - -
Tri phiu v cc khon vay c
chuyn i (c) 1.176.522 1.176.522 1.176.522 1.176.522
Tri phiu chuyn i c m bo (d) - 2.200.000 - 2.200.000
Tri phiu c m bo (e) 4.700.000 - 4.700.000 -
N thu ti chnh (f) 61.643 - - -

14.457.439 12.900.168 12.163.322 7.376.522
Hon tr trong vng 12 thng
(Thuyt minh 17) (2.390.343) (252.991) (188.100) -

Hon tr sau 12 thng 12.067.096 12.647.177 11.975.222 7.376.522

Mu B 09 DN/HN
60
iu khon v iu kin ca cc khon vay v n di hn nh sau:

Li sut Tp on Cng ty

Loi
tin
danh ngha/
nm
Nm o
hn
31/12/2013
Triu VND
31/12/2012
Triu VND
31/12/2013
Triu VND
31/12/2012
Triu VND

a. Vay di hn

Khon vay ngn hng
c m bo VND 9,6%-14,5% 2013-2020 2.674.117 2.397.355 - -
Khon vay ngn hng
c m bo USD 8%-10,5% 2014-2020 5.845.157 4.270.527 - -
Khon vay khng
m bo t mt cng
ty con VND 10,5%-13,0% 2016-2018 - - 6.286.800 4.000.000

8.519.274 6.667.882 6.286.800 4.000.000

b. Hi phiu nhn n VND 2016-2017 - 2.855.764 - -

c. Tri phiu v cc khon vay chuyn i pht hnh cho:

International
Finance
Corporation (c.1) VND 8,0%-20,4% 2014-2016 608.562 608.562 608.562 608.562
Jade Dragon
(Mauritius)
Limited (c.2) USD 2,0%-6,0% 2015 567.960 567.960 567.960 567.960

1.176.522 1.176.522 1.176.522 1.176.522

d. Tri phiu c th
chuyn i c m bo VND 10,75%-15,0% 2016 - 2.200.000 - 2.200.000

e. Tri phiu c m bo VND 10,75%-15,0% 2016 4.700.000 - 4.700.000 -

f. N thu ti chnh VND 15% 2018 61.643 - - -

Mu B 09 DN/HN
61
(a) Ti ngy 31 thng 12 nm 2013, cc khon vay di hn ca Tp on bao gm:

(i) cc khon vay bng VND l 390.279 triu VND (31/12/2012: VND418.597 triu VND)
c m bo bng ti sn c nh vi gi tr ghi s l 885.745 triu VND (31/12/2012:
632.006 triu VND) v khon tin gi c k hn ti ngn hng vi gi tr tng ng
28.000 triu VND (31/12/2012: Khng).

(ii) khon vay bng VND l 870.556 triu VND (31/12/2012: VND879.500 triu VND) c
m bo bng t l ti sn hin ti v tng lai vi quyn khai thc lin quan n m Ni
Pho. Thm vo Cng ty th chp 68.521.729 c phiu Techcombank m bo cho
khon vay.

(iii) khon vay bng VND l 1.413.282 triu VND (31/12/2012: VND1.099.258 triu VND) v
khon vay bng USD c gi tr tng ng 469.757 triu VND (31/12/2012: VND360.127
triu VND) c m bo bng ti sn tng ng hin hu v hnh thnh trong tng lai v
quyn khai thc m Ni Pho. Thm vo Cng ty th chp 87.080.774 c phiu
Techcombank m bo cho khon vay.

(iv) khon vay bng USD t Ngn hng TNHH Mt Thnh Vin Standard Chartered (Vit Nam)
tng ng 1.686.400 triu VND (31/12/2012: 1.664.000 triu VND) c m bo bng
275.748.141 c phiu Cng ty C phn Ti Nguyn Ma San nm gi bi Cng ty C phn
Tm Nhn Ma San v 5.087.836 triu VND vn iu l ca Cng ty TNHH Mt Thnh Vin
Ma San Thi Nguyn nm gi bi Cng ty C phn Ti nguyn Ma San. Khon vay ny
cng c Cng ty m bo.
(v) Khon vay 175 triu USD t J.P Morgan c gi tr tng ng 3.689.000 triu VND
(31/12/2012: 108 triu USD, tng ng l 2.246.400 triu VND), trong 150 triu la
M c m bo bng C quan Bo lnh u t a bin (MIGA), mt thnh vin ca
Ngn hng Th gii. Cc khon vay 150 triu USD v 25 triu USD s chu li sut nm ln
lt l LIBOR + 3,5% v LIBOR + 4,5%, nu c m bo bi Cng ty, nu khng, chng
s chu li sut ln lt l LIBOR + 4,5% v LIBOR + 5,5%. S d ti ngy 31 thng 12
nm 2013 s c hon tr mt ln vo ngy ht hn. Khon vay ny c gi tr trong vng
36 thng.

Ti ngy 31 thng 12 nm 2013, khon u t ca Cng ty C phn Hng Tiu Dng Ma
San vo cc cng ty con c gi tr ghi s l 879.023 triu VND (31/12/2012: 879.023 triu
VND) c th chp m bo cho cc khon vay ny.

Ti ngy 31 thng 12 nm 2013, vay di hn ca Cng ty bao gm cc khon vay bng VND khng
c m bo t mt cng ty con l 4.000.000 triu VND (31/12/2012: VND4.000.000 triu VND)
v 2.286.800 triu VND (31/12/2012: Khng), cc khon vay ny chu li sut ln lt l 13% v
10,5% mt nm. Cc khon vay ny ln lt o hn trong vng 4 v 5 nm k t ngy gii ngn.
S vn gc v li c tr vo ngy o hn.

(b) Hi phiu nhn n phi tr vo ngy 23 thng 9 nm 2016 v ngy 23 thng 9 nm 2017 ln lt l
237.980 triu VND v 2.617.784 triu VND, lin quan n vic mua li Cng ty TNHH Khai thc
Ch Bin Khong sn Ni Pho (NPM) t cc qu v cc cng ty c qun l v/hoc s hu
bi Dragon Capital Group Limited (gi chung l Dragon Capital) trong nm 2010. Cc hi phiu
nhn n ny c pht hnh mua li NPM.

Mu B 09 DN/HN
62
Ngoi cc hi phiu nhn n nu trn, Tp on pht hnh cc cng c khc nh l mt phn
ca chi ph mua li. Di y l chi tit ti chnh v iu khon thng mi ca cc cng c
pht hnh. Cc cng c ny cha c ghi nhn trong bo co ti chnh.

(i) iu chnh quyn s hu ti MR - Tp on k mt tha thun vi Dragon Capital
trong quy nh Tp on s chuyn nhng cho Dragon Capital ti a l 12%
(31/12/2012: 12%) li ch vn ch s hu trong MR ca Tp on nu gi ca cc hng ha
v cc sn phm cng loi lm t vonfram tng trn mc dao ng xc nh trong tha
thun. i li, Dragon Capital s chuyn nhng cho Tp on ti a 4% (31/12/2012: 4%)
li ch vn ch s hu trong MR ca Dragon Capital nu gi ca cc hng ha v cc sn
phm cng loi lm t vonfram gim di mc dao ng xc nh trong tha thun.
Tha thun ny c th c thc hin m khng tnh ph trong vng 15 ngy k t ngy bo
co kim ton ca NPM c pht hnh cho nm sau nm m NPM sn xut hn 300.000
tn cha vonfram trioxit. Bt k s iu chnh tim tng no trong vic s hu ca MR s
c bao gm trong quyn chn mua v cc quyn chn bn nh m t trong thuyt minh
di y m khng tnh n bt k iu chnh no cho mc ph thc hin cc quyn chn
trn. Vic iu chnh quyn s hu ti MR c kt thc cng lc vi vic thanh ton Hi
phiu nhn n trong thng 8 nm 2013 nh c trnh by bn di.

(ii) Quyn chn mua c phiu ph thng ca Cng ty - Cng ty pht hnh cho Dragon
Capital quyn chn mua 1.962.320 triu VND c phiu ca Cng ty vi gi 65.915 VND
mi c phiu, tng ng 29.770.465 c phiu ca Cng ty. Quyn chn mua c th c
thc hin bng tin hoc cn tr bng hi phiu nhn n do Dragon Capital quyt nh.
Dragon Capital c th thc hin quyn chn ny t nm th ba k t ngy 23 thng 9 nm
2010 cho n nm th nm. Cng ty c th yu cu Dragon Capital thc hin vic chuyn
i bt k khi no gi c phiu ca Cng ty vt mc 65.915 VND trong 15 ngy lin tc,
khi Cng ty c th tr hi phiu nhn n pht hnh cho Dragon Capital hoc l yu
cu Dragon Capital thc hin quyn chn ca mnh.

(iii) Quyn chn mua v quyn chn bn c phiu ca MR Dragon Capital pht hnh cho
Tp on quyn chn mua ton b phn s hu ca Dragon Capital trong MR bng tin
trong vng ba nm. Gi mua c xc nh theo tng qu trong vng ba nm v dao ng
t 1.164.320 triu VND n 1.710.000 triu VND. i li, Cng ty pht hnh cho Dragon
Capital quyn chn bn ton b phn s hu ca Dragon Capital trong MR mua c phiu
ph thng ca Cng ty vi gi tr l 1.710.000 triu VND trong vng mt thng sau khi kt
thc giai on ba nm k trn ti mc gi 65.915 VND mi c phiu.

Trong thng 8 nm 2013, Tp on thanh ton Hi phiu nhn n bng vic pht hnh
29.770.465 c phiu tng ng 1.962.319 triu VND, s d cn li 893.445 triu VND c
chi tr bng tin. Chi ph giao dch pht sinh t vic thanh ton ny xp x 62.155 triu VND.
Ngoi ra, Tp on cng k kt tha thun nhm sa i v thc hin quyn chn mua thng qua
vic pht hnh b Hi phiu nhn n ngn hn khc cho Dragon Capital. Hi phiu nhn n ny
c thanh ton sau ngy kt thc nm (xem Thuyt minh 17). Thng qua cc giao dch ny,
quyn chn mua v quyn bn c phiu ca MR ca Cng ty c chm dt trong nm.

(c.1) Khon vay ny l khon vay chuyn i vi s tin gc l 608.562 triu VND (31/12/2012:
608.562 triu VND), c k vi Cng ty Ti chnh Quc t (IFC), trong 38.562 triu VND
(31/12/2012: 38.562 triu VND) c th c chuyn i thnh c phiu ph thng ca Cng ty.

Mu B 09 DN/HN
63
Bn cnh cc iu khon khc, tha thun ny bao gm cc iu khon sau:

(i) Li sut ca khon vay l 8% mt nm t ngy gii ngn n ngy 15 thng 4 nm 2012 v
l 20,4% mt nm t ngy 15 thng 4 nm 2012 n ngy ht hn cho phn khon vay
khng c chuyn i. Li sut ca khon vay l 20,4% mt nm cho phn khon vay c
th c chuyn i t ngy 15 thng 4 nm 2013 n ngy 15 thng 4 nm 2016. Khon
vay ny o hn vo ngy 15 thng 4 nm 2016. Tp on trch trc li vay da trn li
sut danh ngha.

(ii) IFC c th thc hin quyn chn chuyn i mc ti a l 190.000 triu VND, trong
tng n gc v c th yu cu Cng ty nim yt cc c phiu chuyn i ny. C hai k
chuyn i: k u tin bt u sau 12 thng k t ngy 11 thng 5 nm 2010 v kt thc
sau 36 thng sau ngy 31 thng 5 nm 2010, k chuyn i th hai bt u t sau 36 thng
k t ngy 11 thng 5 nm 2010 v kt thc vo ngy 15 thng 4 nm 2016. Li vay phi tr
s tip tc c trch trc v phn thanh ton cho phn ph tri s c tr cho cc khon
vay chuyn i nu IFC khng thc hin quyn chuyn i trong k chuyn i u tin.
IFC chuyn i 151.438 triu VND thnh 3.521.803 c phiu pht hnh bi Cng ty vo
thng 6 nm 2012. Ti ngy 31 thng 12 nm 2013, 38.562 triu VND cn li c th chuyn
i bi IFC thnh 896.802 c phiu ph thng vo ngy 15 thng 4 nm 2016.

(iii) Cng ty C phn Hng Tiu Dng Ma San bo lnh cho khon vay ny. Khon vay ny
c m bo bi 2.800.000 c phiu ph thng ca Cng ty C phn Hng Tiu Dng Ma
San.

(c.2) Khon vay ny t Goldman Sachs Group, Inc. thng qua Cng ty Jade Dragon (Mauritius) Limited
l khon vay c th chuyn i bng USD vi n gc l 30 triu USD.


(i) Li sut ca khon vay ny gm hai phn: li sut danh ngha v li sut hon li. Li sut
hon li s khng c tr nu khon vay ny c chuyn i. Trong thi hn t ngy 15
thng 12 nm 2010 n ngy 14 thng 12 nm 2012, li sut danh ngha v li sut hon li
ln lt l 2% mt nm v 6% mt nm. Trong thi hn t ngy 15 thng 12 nm 2012 n
ngy 14 thng 12 nm 2013, li sut danh ngha v li sut hon li ln lt l 4% mt nm
v 4% mt nm. Trong thi hn t ngy 15 thng 12 nm 2013 n ngy 14 thng 12 nm
2015, li sut danh ngha v li sut hon li ln lt l 6% mt nm v 2% mt nm.
Khon vay ny n hn vo ngy 14 thng 12 nm 2015. Li sut danh ngha c tnh
cng dn theo ngy v li sut hon li c tnh cng dn theo nm. Tp on trch trc
li vay da trn li sut danh ngha.

(ii) Khon vay ny c th chuyn i thnh c phiu ph thng ca Cng ty vo bt k thi
im no sau hai nm k t ngy 15 thng 12 nm 2010 n ngy n hn ca khon vay.

(iii) Gi chuyn i c xc nh l 65.000 VND cho mi c phiu.

(iv) Tp on cn k kt mt hp ng vi Cng ty C phn Ma San m theo Cng ty ny s
chu ri ro v ngha v trong vic mua v tr mt khon tin mt l 30 triu la M cng
li hon li phi tr cho 9.000.000 c phiu ca khon vay c chuyn i trong trng
hp bn cho vay khng thc hin quyn chuyn i c phiu.

Mu B 09 DN/HN
64
(d) Khon tri phiu tr gi 2.200 t VND c m bo bng 22,3 triu tri phiu chuyn i ca
Techcombank. Khon tri phiu tr gi 600 t VND c mc li sut nm 15%, khon tri phiu tr gi
900 t VND c mc li sut nm l 3% cng li sut tin gi 12 thng bnh qun ca cc ngn hng chnh
c chn v cc khon tri phiu 700 t VND c mc li sut nm l 1% cng li sut tin gi 12 thng
bnh qun ca cc ngn hng chnh c chn. Cc khon li c thanh ton theo nh k su thng k
t ngy pht hnh. Cng ty cng pht hnh quyn chn mua cho php tri ch c th chuyn i tri
phiu hoc ng k mua c phiu ph thng ca Cng ty vi mc gi thc hin l 100.000 VND hoc
120.000 trn mi c phiu v ph thuc vo cc iu chnh v iu khon khc ca tha thun k kt.
Tuy nhin, s c phiu ti a s c pht hnh l 33,8 triu c phiu.

Trong thng 8 nm 2013, Cng ty tha thun li vi tri ch chm dt cc quyn chn c pht
hnh lin quan n vic pht hnh 2.200 t tri phiu trong nm 2012.

(e) Tri phiu c m bo tr gi 4.700 t VND bao gm 2.200 t VND tri phiu trong Thuyt minh 21(d)
v khon tri phiu khc tr gi 2.500 t VND vi thi gian o hn 3 nm v chu li sut nm l 12%
trong nm u tin, 12,5% trong nm th hai v 4% cng li sut tin gi k hn 12 thng ca cc ngn
hng chnh c chn trong nm th ba. Cng ty v MSC Holdings mt cng ty con ca Cng ty
th chp 125 triu c phiu trong Cng ty C phn Hng Tiu Dng Ma San cho cc tri phiu ny.

Trong nm, Cng ty v Tp on tun th cc iu khon i vi cc khon vay trn.

(f) Cc khon thanh ton tin thu ti thiu phi tr cho cc hp ng thu ti chnh khng th hy ngang
nh sau:

Ngy 31 thng 12 nm 2013
Tng khon
thanh ton tin
thu ti chnh Tin li thu N gc
Triu VND Triu VND Triu VND
Trong vng mt nm 20.364 8.554 11.810
Trong vng hai n nm nm 62.661 12.828 49.833

83.025 21.382 61.643

Mu B 09 DN/HN
65
22. D phng di hn
Bin ng d phng tr cp thi vic trong nm nh sau:

Tp on
2013 2012
Triu VND Triu VND

S d u nm 1.381 8.564
S trch lp d phng trong nm 3.252 731
D phng tr trong nm - (754)
D phng hon nhp trong nm - (7.160)
Phn loi li (1.381) -

S d cui nm 3.252 1.381

Mu B 09 DN/HN

66
23. Thay i vn ch s hu
Tp on

Vn c phn
Thng d
vn c phn
Vn khc ca
ch s hu
Chnh lch
t gi hi oi Vn khc
Li nhun
cha
phn phi
Vn ch s hu
thuc v c ng
vn ch s hu
ca Cng ty
C ng
thiu s Tng
Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND

S d ti ngy 1 thng 1 nm 2012 5.152.723 2.166.136 10.462.804 (16.066) (6.569.981) 4.680.036 15.875.652 5.679.380 21.555.032
Pht hnh c phiu mi thng qua chuyn
i cng c vn ch s hu 964.638 5.394.006 (6.358.644) - - - - - -
Mua li cng c vn ch s hu - - (4.104.160) - (530.235) - (4.634.395) - (4.634.395)
i cc cng c n 344.440 439.025 - - - - 783.465 - 783.465
Pht hnh c phiu mi bng tin 411.000 - - - - - 411.000 - 411.000
Pht hnh cc cng c vn ch s hu - - 1.721.824 - - - 1.721.824 - 1.721.824
Tng li ch c ng thiu s t vic pht
hnh vn c phn t cc cng ty con - - - - (22.447) - (22.447) 34.947 12.500
Gim li ch c ng thiu s t vic pht
hnh vn c phn t cc cng ty con - - - - (1.440.708) - (1.440.708) (491.929) (1.932.637)
Gim li ch c ng thiu s t vic mua
thm vn c phn trong cng ty con ca
MSC - - - - (56.108) - (56.108) (65.936) (122.044)
Chnh lch t gi hi oi trong mt cng
ty con - - - (62) - - (62) (33) (95)
Li nhun thun trong nm - - - - - 1.260.518 1.260.518 702.074 1.962.592
Chia c tc - - - - - - - (25.988) (25.988)
Phn b vo cc qu khc - - - - - (14.902) (14.902) (11.967) (26.869)

S d ti ngy 31 thng 12 nm 2012 6.872.801 7.999.167 1.721.824 (16.128) (8.619.479) 5.925.652 13.883.837 5.820.548 19.704.385

Mu B 09 DN/HN

67

Vn c phn
Thng d
vn c phn
Vn khc ca
ch s hu
Chnh lch
t gi hi
oi Vn khc
Li nhun
cha
phn phi
Vn ch s
hu thuc v
c ng vn
ch s hu
ca Cng ty
C ng
thiu s Tng
Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND

S d ti ngy 1 thng 1 nm 2013 6.872.801 7.999.167 1.721.824 (16.128) (8.619.479) 5.925.652 13.883.837 5.820.548 19.704.385
Pht hnh c phiu mi bng tin 178.608 - - - - - 178.608 - 178.608
i cc cng c n ca cng ty con
(Thuyt minh 21(b)) 297.704 1.602.460 - - - - 1.900.164 - 1.900.164
Mua li cc cng c vn ch s hu
(Thuyt minh 25(c)) - - (1.624.121) - (1.056.440) - (2.680.561) - (2.680.561)
Cc giao dch vi li ch c ng thiu s
trong MSC (Thuyt minh(13(c)(i)) - - - - 675.965 - 675.965 2.519.479 3.195.444
Gim li ch c ng thiu s t vn c phn
pht hnh bi MR (Thuyt minh(13(c)(ii)) - - - - 70.184 - 70.184 (311.116) (240.932)
Chnh lch t gi hi oi trong mt cng
ty con - - - (26.970) - - (26.970) (13.518) (40.488)
Li nhun thun trong nm - - - - - 451.200 451.200 856.024 1.307.224
Chia c tc - - - - - - - (24.876) (24.876)
Phn b vo cc qu khc - - - - - (19.458) (19.458) (18.013) (37.471)

S d ti ngy 31 thng 12 nm 2013 7.349.113 9.601.627 97.703 (43.098) (8.929.770) 6.357.394 14.432.969 8.828.528 23.261.497

Mu B 09 DN/HN

68
Cng ty
Vn c phn
Thng d
vn c phn
Vn khc ca vn
ch s hu Vn khc
Li nhun cha
phn phi Tng

S d ti ngy 1 thng 1 nm 2012 5.152.723 2.166.136 10.462.804 - (22.449) 17.759.214
Pht hnh c phiu mi thng qua chuyn i cng
c vn ch s hu 964.638 5.394.006 (6.358.644) - - -
Pht hnh c phiu mi thng qua chuyn i cc
cng c n 344.440 439.025 - - - 783.465
Pht hnh c phiu mi bng tin 411.000 - - - - 411.000
Pht hnh cng c vn ch s hu - - 1.721.824 - - 1.721.824
Mua li cc cng c vn ch s hu - - (4.104.160) (530.235) - (4.634.395)
L thun trong nm - - - - (220.254) (220.254)

S d ti ngy 31 thng 12 nm 2012 6.872.801 7.999.167 1.721.824 (530.235) (242.703) 15.820.854

S d ti ngy 1 thng 1 nm 2013 6.872.801 7.999.167 1.721.824 (530.235) (242.703) 15.820.854
Pht hnh c phiu mi bng tin 178.608 - - - - 178.608
Pht hnh c phiu mi thng qua chuyn i cc
cng c n ca cng ty con 297.704 1.602.460 - - - 1.900.164
Mua li cc cng c vn ch s hu
(Thuyt minh 25(a),(b)) - - (1.624.121) (1.056.440) - (2.680.561)
L thun trong nm - - - - (963.843) (963.843)

S d ti ngy 31 thng 12 nm 2013 7.349.113 9.601.627 97.703 (1.586.675) (1.206.546) 14.255.222

Mu B 09 DN/HN
69
24. Vn c phn v thng d vn
Vn c phn c duyt v pht hnh ca Cng ty l:
31/12/2013 31/12/2012

S lng
c phiu
Triu
VND
S lng
c phiu
Triu
VND

Vn c phn c duyt 734.911.338 7.349.113 687.280.123 6.872.801

Vn c phn pht hnh
C phiu ph thng 734.911.338 7.349.113 687.280.123 6.872.801

Thng d vn c phn - 9.601.627 - 7.999.167

C phiu ph thng c mnh gi l 10.000 VND. Mi c phiu ph thng tng ng vi mt phiu biu
quyt ti cc cuc hp c ng ca Cng ty. Cc c ng c nhn c tc m Cng ty cng b vo tng
thi im. Tt c c phiu ph thng u c th t u tin nh nhau i vi ti sn cn li ca Cng ty.
Cc quyn li ca cc c phiu c Cng ty mua li u b tm ngng cho ti khi chng c pht
hnh li.

Thng d vn c phn l phn chnh lch gia gi bn v mnh gi ca cc c phiu c pht hnh.

Bin ng vn c phn pht hnh trong nm nh sau:

2013 2012

S lng
c phiu
Triu
VND
S lng
c phiu
Triu
VND

S d u nm 687.280.123 6.872.801 515.272.269 5.152.723
Pht hnh c phiu mi thng qua
chuyn i cc cng c vn ch s
hu - - 96.463.766 964.638
Pht hnh c phiu mi thng qua
chuyn i cc cng c n - - 34.444.088 344.440
Pht hnh c phiu mi thanh
ton cho cc cng c n 29.770.465 297.704 - -
Pht hnh c phiu mi bng tin 17.860.750 178.608 41.100.000 411.000

S d cui nm 734.911.338 7.349.113 687.280.123 6.872.801

Mu B 09 DN/HN
70
25. Vn khc ca ch s hu
Vn khc ca ch s hu phn nh gi tr hp l ca s c phiu nht nh ca Cng ty s c pht hnh
trong tng lai.

31/12/2013 31/12/2012

S lng
c phiu
Triu
VND
S lng
c phiu
Triu
VND

Cng c vn ch s hu
H tr tn dng t cng ty m (a) 2.450.353 97.703 19.602.824 909.846
Khon vay bt buc chuyn i (b) - - 11.571.111 811.978

2.450.353 97.703 31.173.935 1.721.824

Bin ng vn khc ca ch s hu trong nm nh sau:

2013 2012

S lng
c phiu
s pht hnh
Triu
VND
S lng
c phiu
s pht hnh
Triu
VND

S d u nm 31.173.935 1.721.824 154.393.705 10.462.804
Pht hnh cng c vn ch s
hu bng tin:
H tr tn dng t cng ty m (a) - - 19.602.824 909.846
Khon vay bt buc chuyn i (b) - - 11.571.111 811.978
Mua li cc cng c vn ch s
hu (c) (28.723.582) (1.624.121) (57.929.939) (4.104.160)
Pht hnh c phiu ph thng
thng qua chuyn i cng c
vn ch s hu

- - (96.463.766) (6.358.644)

S d cui nm

2.450.353 97.703 31.173.935 1.721.824

(a) H tr tn dng t cng ty m
Trong nm 2012, Cng ty k hp ng vay chuyn i 50 triu USD (tng ng vi s tin l
1.041.400 triu VND) vi Richard Chandler Corporation thng qua Cng ty Kairos Capital Limited v 30
triu USD (tng ng vi s tin l 624.840 triu VND) vi Mount Kellett Capital Management LP
thng qua Cng ty MRG Limited vi thi hn l bn nm.

tng cng mc tn nhim tn dng ca Cng ty v h tr giao dch ti chnh, cng ty m k cc tha
thun vi Cng ty v bn cho vay, m theo cng ty m s chp nhn mi ri ro v ngha v trong vic
mua c phiu chuyn i v thanh ton trc tip s n gc v khon li vay hon li cho cc bn cho vay
trong trng hp cc bn cho vay khng thc hin quyn chuyn i khon vay thnh c phiu. Cng ty
m khng nhn bt k khon tin cng hay li ch no khc trong vic h tr ny cho Cng ty.

Mu B 09 DN/HN
71
Bn cnh , tha thun ny cn bao gm cc iu khon sau:
(i) Cc khon vay chuyn i c li sut nm l 5% trong nm th nht, 6% trong nm th hai
v th ba, v 7% cho thi hn cn li ca khon vay chuyn i, li sut c thanh ton
nh k su thng mt ln. Li sut hon li 10% tng ng vi t l hon vn thc t c
thanh ton nu quyn chuyn i khng c thc hin; v

(ii) C phiu c pht hnh khi chuyn i (C phiu chuyn i) c th c xc nh cn
c vo gi chuyn i ban u l 85.000 mt c phiu v ph thuc vo cc iu chnh v cc
iu khon khc ca tha thun k kt. Tuy nhin, s lng C phiu chuyn i ti a s
l 25,6 triu c phiu. S lng C phiu chuyn i bt buc pht hnh ti thiu l 19,6
triu c phiu, c coi nh mt cng c vn ch s hu.

Trong thng 7 nm 2013, Cng ty mua li khon vay chuyn i c gi tr l 50 triu la M ca
Cng ty Kairos Capital Limited v 20 triu la M trong khon 30 triu la M ca Cng ty MRG
Limited, dn n vic s lng c phiu chuyn i ti a gim xung cn 3,2 triu v s lng C phiu
chuyn i bt buc pht hnh ti thiu gim xung cn 2,5 triu ti ngy 31 thng 12 nm 2013.
Xem thm chi tit ca giao dch ti Thuyt minh 25(c).
(b) Khon vay bt buc chuyn i
Trong nm 2012, Cng ty k hp ng vay bt buc chuyn i vi Richard Chandler Corporation
thng qua Cng ty Kairos Capital Limited vi hn mc l 50 triu USD (tng ng vi s tin l
1.041.400 triu VND) vi k hn hai nm. Vo ngy o hn, ton b khon n gc cha thanh ton bt
buc phi chuyn i thnh c phiu ph thng.
(i) Khon vay chuyn i chu li sut nm l 11%. Tt c khon thanh ton li bng la M
c chuyn i sang VND s dng t gi bnh qun lin ngn hng do Ngn hng Nh nc
Vit Nam ban hnh ti ngy n hn hoc cc ngun vn khc; v
(ii) C phiu pht hnh chuyn i (C phiu Chuyn i) c xc nh da trn gi
chuyn i l 90.000 VND mt c phiu. V khon vay bt buc chuyn i thnh mt lng
c phiu nht nh vo cui thi hn hai nm, gi tr hp l ca cc c phiu c th pht hnh
c hch ton nh mt cng c vn ch s hu.
Trong thng 7 nm 2013, Cng ty mua li khon vay bt buc chuyn i ny c trnh by trong
Thuyt minh 25(c).
(c) Mua li cng c vn ch s hu
Trong thng 7 nm 2013, Cng ty mua li khon vay chuyn i l 50 triu USD t Richard Chandler
Corporation thng qua Cng ty Kairos Capital Limited, hai phn ba ca khon tin 30 triu USD vi
Mount Kellett Capital Management LP thng qua Cng ty MRG Limited (xem Thuyt minh 25(a)) v
khon vay chuyn i bt buc l 50 triu USD vi Richard Chandler Corporation thng qua Cng ty
Kairos Capital Limited (xem Thuyt minh 25(b)). Cc giao dch ny buc cng ty phi pht hnh
28.723.582 c phiu ph thng vi gi tr ghi s l 1.624.121 triu VND v chi tr tng khon n gp l
809.531 triu VND. Tng s tin thanh ton l 3.490.092 triu VND. Cng vi Thuyt minh 21(d), nh
Cng ty loi b kh nng pha long tim tng ca khong 67,8 triu c phiu ph thng m Cng ty
c th phi pht hnh cho nh u t v ngi bn.

Mu B 09 DN/HN
72
26. Tng doanh thu
Tng doanh thu th hin tng gi tr hng bn v dch v cung cp c ghi trn ha n khng bao
gm thu gi tr gia tng.

Doanh thu thun bao gm:

Tp on Cng ty
2013 2012 2013 2012

Tng doanh thu
Bn thnh phm 12.014.694 10.575.021 - -
Dch v v doanh thu khc 91.295 228 - -

Cc khon gim tr
Chit khu hng bn (132.659) (150.243) - -
Hng bn b tr li (30.797) (35.592) - -

11.942.533 10.389.414 - -

27. Gi vn hng bn
Tp on Cng ty
2013 2012 2013 2012

Tng gi vn hng bn
Thnh phm bn 6.908.667 6.138.131 - -
Dch v cung cp 1.286 - - -
D phng gim gi hng tn kho 33.243 40.795 - -

6.943.196 6.178.926 - -

Mu B 09 DN/HN
73
28. Doanh thu hot ng ti chnh
Tp on Cng ty
2013 2012 2013 2012

Thu nhp li t:
Tin gi 366.146 760.585 53.775 204.082
Cho cng ty con vay - - 112.070 60.898
u t tri phiu - 28.604 - 28.604
Cho bn th ba vay 25.395 - - -
Bt li thng mi t vic mua
cng ty con 213.963 - - -
Thu nhp t duy tr hn mc vay t
cc cng ty con - - 1.065.293 927.988
Li chnh lch t gi hi oi 57.703 17.687 8.094 67
Doanh thu ti chnh khc 914 2.948 - -

664.121 809.824 1.239.232 1.221.639

29. Chi ph ti chnh
Tp on Cng ty
2013 2012 2013 2012

Chi ph li vay t:
Ngn hng 215.388 140.468 - -
Cc tri ch 201.990 138.708 537.210 387.339
Cng ty con - - 903.166 568.281
Ph duy tr hn mc vay tr
cho cng ty con - - 272.883 346.421
L chnh lch t gi hi oi 34.274 9.913 79 3.399
Chi ph ti chnh khc 155.133 20.296 155.124 20.304

606.785 309.385 1.868.462 1.325.744

Mu B 09 DN/HN
74
30. Thu nhp khc
Tp on Cng ty
2013 2012 2013 2012

Thu t bn ph liu 29.660 20.630 - -
Thu t thanh l ti sn c nh 1.573 2.023 - -
Thu hi chi ph t cng ty m - 142.244 - 142.244
Bi thng chi ph xy dng cng
trng t nh thu 48.956 19.855 - -
Hon nhp d phng - 7.160 - -
Thu nhp khu c hon li 19.289 18.977 - -
Khc 6.330 3.628 2.983 209

105.808 214.517 2.983 142.453

31. Chi ph khc
Tp on Cng ty
2013 2012 2013 2012

Chi ph bn ph liu 25.158 15.759 - -
Gi tr ghi s ca ti sn c nh
thanh l 9.094 6.934 - -
Gi tr ghi s ca chi ph tr trc
di hn thanh l 343 - - -
Chi ph xy dng cng trng t nh thu 43.555 19.837 - -
Khc 6.939 3.944 - -

85.089 46.474 - -

Mu B 09 DN/HN
75
32. L t cc cng ty lin kt
Tp on
2013 2012
Triu VND Triu VND

Li nhun t cc cng ty lin kt 504.755 325.709
iu chnh pht sinh t vic phn b gi mua v phn b li th
thng mi (697.536) (663.507)

(192.781) (337.798)

33. Thu thu nhp
(a) Ghi nhn trong bo co kt qu hot ng kinh doanh
Tp on Cng ty
2013 2012 2013 2012

Chi ph thu hin hnh
Nm hin hnh 599.382 649.931 - -
D phng thiu trong nhng nm trc (19.571) 578 - -

579.811 650.509 - -
Chi ph/(li ch) thu thu nhp
hon li
Pht sinh v hon nhp chnh lch
tm thi 121.713 (124.579) - -
nh hng ca thay i thu sut 4.696 - - -

126.409 (124.579) - -
Chi ph thu thu nhp 706.220 525.930 - -

Mu B 09 DN/HN
76
(b) i chiu thu sut thc t
Tp on
2013 2012
% Triu VND % Triu VND

Li nhun trc thu 2.013.444 2.488.522

Thu tnh theo thu sut ca Cng ty 25,00% 503.361 25,00% 622.131
nh hng ca cc mc thu sut khc
nhau p dng cho cc cng ty con (11,85%) (238.601) (14,64%) (364.386)
nh hng ca cc giao dch ni b
trong tp on 3,96% 79.714 3,16% 78.662
Chi ph khng c khu tr thu 4,44% 89.160 1,34% 33.302
nh hng ca kt qu thun t cc
cng ty lin kt 2,39% 48.195 3,39% 84.450
Ti sn thu hon li cha c ghi
nhn 11,88% 239.266 2,86% 71.193
D phng thiu trong nhng nm trc (0,97%) (19.571) 0,02% 578
nh hng ca thay i thu sut 0,23% 4.696 0,00% -

35,08% 706.220 21,13% 525.930

Cng ty

2013 2012
% Triu VND % Triu VND

L trc thu (963.843) (220.254)

Thu tnh theo thu sut ca Cng ty (25,00%) (240.961) (25,00%) (55.064)
Chi ph khng c khu tr thu 2,47% 23.798 0,42% 944
Ti sn thu hon li cha c
ghi nhn 22,53% 217.163 24,57% 54.120

- - - -

Mu B 09 DN/HN
77
(c) Thu sut p dng
Cng ty c ngha v np cho nh nc thu thu nhp doanh nghip bng 25% trn li nhun chu thu.

Vo ngy 19 thng 6 nm 2013, Quc Hi ph duyt Lut Sa i B sung mt s iu ca Lut Thu
Thu nhp Doanh Nghip. Theo , mc thu sut thu thu nhp ph thng c gim t 25% xung 22%
k t ngy 1 thng 1 nm 2014, v gim tip xung 20% t ngy 1 thng 1 nm 2016.

Cc cng ty con ca Cng ty hng cc mc u i min gim thu sut khc nhau.

(d) Cc khon thu tim tng
Lut thu v vic p dng cc lut ny ti Vit Nam ph thuc vo din gii v thay i theo thi gian, t
Cc thu ny n Cc thu khc. Tnh hnh quyt ton thu c th ph thuc vo vic xem xt v iu tra
ca cc c quan thu khc nhau, c quan c thm quyn pht, nh thu v tnh li chm np. iu ny
c th lm cho ri ro v thu Vit Nam l ln hn so vi cc nc khc. Ban Gim c cho rng h
tnh ngha v thu phi tr theo din gii v lut thu ca h, bao gm cc yu cu v chuyn gi v
cch tnh thu thu nhp doanh nghip. Tuy nhin, cc c quan thu lin quan c th c nhng cch hiu
khc nhau v c th gy nh hng ng k.

34. Cc giao dch ch yu vi cc bn lin quan
Cng vi s d ca bn lin quan v cc giao dch trnh by trong thuyt minh khc trong bo co ti
chnh ny, Tp on c cc giao dch ch yu vi cc bn lin quan trong k nh sau:

Tp on

Bn lin quan Tnh cht giao dch 2013 2012
Triu VND Triu VND
Cng ty m
Cng ty C phn Ma San Chi ph c chia s bi cng ty m - 142.244

Cc bn lin quan khc
Cng ty C phn Vit
Php Sn xut Thc n
Gia sc Proconco
C tc phi thu - 64.000

Ngn hng TMCP K
Thng Vit Nam
Ph thanh ton hp ng hon i ngoi t 130.029 -

Ban qun l ch cht Th lao tr cho ban qun l ch cht (*) 46.704 33.972

(*) Cc thnh vin trong Hi ng Qun tr khng c hng bt c khon th lao no trong nm 2013
v nm 2012.

Mu B 09 DN/HN
78
Cng ty

Cng ty lin quan Bn cht giao dch 2013 2012
Triu VND Triu VND
Cng ty m
Cng ty C phn Ma San Chi ph c chia s bi cng ty m - 142.244

Cc cng ty con
Cng ty C phn Khon vay cp cho cng ty con - 2.028.000
Hng Tiu Dng Ma San Khon vay nhn t cng ty con 4.410.000 -
Khon cho vay thu t cng ty con - 2.028.000
Thu nhp li t cho vay ngn hn - 60.898
Chi ph li t khon vay di hn 903.166 568.281
Ph duy tr hn mc vay 272.883 346.421
Bn cng ty con cho mt cng ty con - 10

Cng ty C phn Khon vay cp cho cng ty con 3.015.089 -
Tm nhn Ma San Thu nhp li cho vay 60.609 -

Cng ty C Phn Thu nhp li cho vay 26.067 157.236
Ti Nguyn Ma San Thu nhp duy tr hn mc vay 415.360 346.421
Khon vay cp cho cng ty con 1.140.000 -
Khon cho vay thu t cng ty con 930.000 2.000.000

Cng ty TNHH Khai
Thc Ch Bin Khong
Sn Ni Pho
Thu nhp duy tr hn mc vay 649.933 424.332

Cng ty TNHH MTV Khon vay cp cho cng ty con 424.788 -
T vn Hoa Phong Lan Thu nhp li t khon cho cng ty con vay 25.394 -

Cng ty TNHH Mt
Thnh Vin
MasanConsumerHoldings
Chuyn c phn ca mt cng ty con cho
mt cng ty con khc
6.949.241 -

Cc bn lin quan khc
Ngn hng TMCP
K Thng Vit Nam
Ph thanh ton hp ng hon i ngoi t 130.029 -

Ban qun l ch cht Th lao tr cho ban qun l ch cht (*) 7.796 6.306

(*) Cc thnh vin trong Hi ng Qun tr khng c hng bt c khon th lao no trong nm 2013
v nm 2012.

Mu B 09 DN/HN
79
35. Li trn c phiu
(a) Li c bn trn c phiu
Vic tnh ton li c bn trn c phiu ti ngy 31 thng 12 nm 2013 c da trn s li nhun thuc
v c ng ph thng l 451.200 triu VND (2012: 1.260.518 triu VND) ca Tp on v s lng c
phiu ph thng bnh qun gia quyn l 730.364.689 c phiu trong nm (nm kt thc ngy 31 thng 12
nm 2012: 709.729.864 c phiu).

Cho mc ch tnh li c bn trn c phiu, c phiu c th c pht hnh sau mt thi gian xc nh
c coi l c phiu ang lu hnh k t ngy pht sinh quyn i vi cc c phiu ny c tnh nh
sau:

(i) Li nhun thun thuc v c ng ph thng
2013 2012
Triu VND Triu VND

Li nhun thun thuc v c ng ph thng 451.200 1.260.518

(ii) S c phiu ph thng bnh qun gia quyn
2013 2012

S c phiu ph thng pht hnh u nm 687.280.123 515.272.269
nh hng ca c phiu pht hnh bng tin 10.520.716 23.533.973
nh hng ca c phiu pht hnh thanh ton cho tri phiu, n vay
v Hi phiu nhn n 5.138.464 17.552.330
nh hng ca c phiu pht hnh thanh ton cho vn khc ca cc
cng c vn ch s hu - 96.463.766
nh hng ca vic mua li cc cng c vn ch s hu 15.975.033 25.235.234
nh hng ca c phiu pht hnh ring l sau mt thi gian 11.450.353 31.672.292

S lng c phiu ph thng bnh qun gia quyn ti thi im cui nm 730.364.689 709.729.864

Mu B 09 DN/HN
80
(b) Li suy gim trn c phiu
Vic tnh ton li suy gim trn c phiu cho nm kt thc ngy 31 thng 12 nm 2013 c da trn s
li nhun phn b cho c ng v s lng c phiu ph thng bnh qun gia quyn ang lu hnh sau
khi iu chnh cho nh hng ca tt c c phiu ph thng tim nng c tc ng suy gim.

(i) Li nhun thun thuc v c ng ph thng (suy gim)
2013 2012
Triu VND Triu VND

Li nhun thun phn b cho c ng ph thng (c bn) 451.200 1.260.518
Li nhun thun phn b cho c ng thiu s thun sau thu (98.681) 30.687

Li nhun thun phn b cho c ng (suy gim) 352.519 1.291.205

C phiu ph thng tim nng c tc ng suy gim nh hng n li nhun thun phn b cho c
ng ph thng l 98.681 triu VND cho nm kt thc ngy 31 thng 12 nm 2013 (2012: tng ln
30.687 triu VND).

(ii) S lng c phiu ph thng bnh qun gia quyn (suy gim)
2013 2012

S lng c phiu ph thng bnh qun gia quyn (c bn) 730.364.689 709.729.864
nh hng ca c phiu ph thng tim nng c tc ng suy gim 90.973.076 80.269.845

S lng c phiu ph thng bnh qun gia quyn (suy gim) 821.337.765 789.999.709

Mu B 09 DN/HN
81
36. Cc cam kt
(a) Chi tiu vn
Ti ngy 31 thng 12 nm 2013, cc cam kt vn sau c duyt nhng cha c phn nh trn bng
cn i k ton nh sau:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

duyt v k kt hp ng 1.781.158 2.137.305 - 1.011
duyt nhng cha k kt hp ng 486.732 558.796 - -

2.267.890 2.696.101 - 1.011
(b) Thu
Cc khon thanh ton tin thu ti thiu phi tr trong tng lai cho cc hp ng thu hot ng khng
c hy ngang nh sau:
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012

Trong vng mt nm 103.267 100.172 15.795 26.638
T hai n nm nm 40.098 79.466 - 16.211
Trn nm nm - 961 - -

143.365 180.599 15.795 42.849
(c) Ph quyn khai thc m
Theo quy nh ca Lut Khong sn s 60/2010/QH12 ngy 17 thng 11 nm 2010, cc n v tin hnh
khai thc khong sn phi tr ph c cp giy chng nhn quyn khai thc khong sn. Chnh ph
s ban hnh mt s quy nh c th v phng php tnh ton v t l tng ng.

Vo ngy 28 thng 11 nm 2013, Chnh ph ban hnh Ngh nh s 203/2013/N-CP (Ngh nh
203) quy nh phng php tnh ton v t l tng ng, c hiu lc t ngy 28 thng 1 nm 2014.
Theo iu 7 ca Ngh nh 203, vic tnh ton ph khai thc khong sn s c cng b cho y ban
Nhn dn Tnh. Ti thi im , y ban Nhn dn tnh Thi Nguyn, ni c m khong sn ca Tp
on, vn cha cng b gi ca mt vi loi khong sn m cng ty con ca Tp on - Cng ty TNHH
Khai Thc Ch Bin Khong Sn Ni Pho s khai thc m. Theo , gi tr quyn khai thc m i vi
ngun khong sn ti y vn cha c xc nh.

Mu B 09 DN/HN
82
37. Th lao bng c phiu
Mt cng ty con ca Cng ty, Cng ty C phn Hng Tiu Dng Ma San, c k hoch tr th lao bng c
phiu nh k cho nhng nhn vin c thnh tch tt. Ti ngy 31 thng 12 nm 2012, s lng c phiu
pht hnh v c th pht hnh ln lt l 1.149.594 v 132.521 c phiu cho nhn vin v thnh vin
Ban qun tr c thnh tch tt. Ti ngy 1 thng 1 nm 2013, k hoch c thay i, c phiu thng
ch pht hnh da trn s nh gi thnh tch cui nm v sau khi c ph duyt trong i Hi C ng
hng nm.

Mt cng ty con khc ca Cng ty, Cng ty C phn Ti nguyn Ma San, c k hoch tr th lao bng c
phiu nh k cho nhng nhn vin c thnh tch tt. Trong nm, 13.392.857 c phiu ca cng ty con
c pht hnh cho thnh vin Ban qun tr. 20.866.429 c phiu cn li c th c pht hnh cho thnh
vin Ban qun tr sau ngy kt thc nm.

Trong nm kt thc ngy 31 thng 12 nm 2013, Cng ty pht hnh 17.860.750 c phiu theo mnh
gi (2012: Khng) cho nhng nhn vin nht nh theo k hoch tr c phiu cho nhn vin c duyt
bi cc c ng trong Ngh quyt ca i hi ng C ng hng nm s 077/NQ-DHCD ngy 25 thng
4 nm 2012.

Mu B 09 DN/HN
83
38. Qun l ri ro ti chnh
Ban Gim c chu trch nhim thit lp, pht trin v qun l cc chnh sch qun l ri ro ca Tp
on.

(a) Ri ro tn dng
Ri ro tn dng l ri ro l ti chnh nu mt khch hng hoc bn i tc ca cng c ti chnh khng p
ng c cc ngha v theo hp ng vi Tp on v Cng ty, v pht sinh ch yu t cc khon phi
thu khch hng, cc khon tin gi ngn hng, cc m bo pht hnh cho ngn hng nhm m bo cho
cc khon vay ca cc n v trong Tp on.

(i) nh hng ca ri ro tn dng
Bng sau phn nh ri ro tn dng ti a ca Cng ty v Tp on:

Tp on Cng ty
Thuyt 31/12/2013 31/12/2012 31/12/2013 31/12/2012
minh Triu VND Triu VND Triu VND Triu VND

Tin v cc khon tng
ng tin (ii) 5.695.196 5.714.065 1.378.809 2.157.229
Cc khon u t ngn hn (ii) 3.287.000 1.845.000 - 68.000
Cc khon phi thu khch
hng v phi thu khc (iii) 1.065.085 490.603 13.628.961 1.916.812
Cc khon u t di hn khc (ii) - 365.500 - -
m bo pht hnh (iv) - - 4.848.400 1.664.000

10.047.281 8.415.168 19.856.170 5.806.041

(ii) Tin v cc khon tng ng tin, cc khon u t ngn hn v cc khon u t di hn
khc
Tin v cc khon tng ng tin, cc khon u t ngn hn v cc khon u t di hn khc c
gi ti cc t chc ti chnh theo quy nh. Cc khon u t v cc giao dch bao gm cc cng c ti
chnh phi sinh ch c php thc hin vi cc bn i tc sau khi c Ban Gim c nh gi. Ban
Gim c khng nhn thy c ri ro tn dng trng yu no t cc khon tin gi ny hoc cc t chc tn
dng ny c th mt kh nng tr n.

Mu B 09 DN/HN
84
(iii) Cc khon phi thu khch hng v phi thu khc
nh hng ri ro tn dng ca Tp on v Cng ty lin quan n cc khon phi thu ch yu bi c
im ca tng khch hng hoc mt bn i tc. i ph vi nhng ri ro ny, Tp on giao dch vi
cc khch hng bng tin mt theo cc iu khon bn giao. Trong trng hp khch hng c cp iu
kin tn dng, Ban Gim c s thit lp thit lp mt chnh sch tn dng m theo mi khch hng
mi s c nh gi ring bit v tin cy ca kh nng tr n trc khi a ra cc iu khon v iu
kin giao hng v thanh ton chun cho khch hng .

Gi tr ghi s ca cc khon phi thu khch hng v phi thu khc phn nh mc nh hng ri ro tn
dng ti a.

Tp on lp d phng phi thu kh i phn nh c tnh khon l pht sinh lin quan n cc khon
phi thu khch hng v phi thu khc.

Bin ng d phng phi thu kh i trong nm nh sau:

Tp on
2013 2012
Triu VND Triu VND

S d u nm 378 1.084
Tng d phng trong nm 1.493 143
S dng d phng trong nm (57) (832)
Hon nhp (30) (17)

S d cui nm 1.784 378

Mu B 09 DN/HN
85
Tp on v Cng ty tin rng, ngoi s tin trnh by trn, khng c khon phi thu d phng n kh i no khc cn thit phi lp cho cc khon phi thu
khch hng v phi thu khc ti ngy 31 thng 12 nm 2013. Bng phn tch tui n cc khon phi thu khch hng v phi thu khc nh sau:
Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012
Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND Triu VND
Gp L gim gi Gp L gim gi Gp L gim gi Gp L gim gi

Trong hn 1.046.732 - 463.983 - 13.628.961 - 1.916.812 -
Qu hn t 0 30 ngy 16.472 - 18.763 - - - - -
Qu hn t 31 180 ngy 2.715 (834) 3.434 - - - - -
Qu hn trn 180 ngy 950 (950) 4.801 (378) - - - -

1.066.869 (1.784) 490.981 (378) 13.628.961 - 1.916.812 -

(iv) Cc m bo
Cng ty c ri ro tn dng i vi cc khon m bo vi cc ngn hng cho cc khon vay ca cng ty con, Cng ty TNHH Mt Thnh Vin Ma San Thi
Nguyn v Cng ty C phn Hng Tiu Dng Ma San (xem Thuyt minh 21(a)(iv,v)). Ri ro ny phn nh khon l s c ghi nhn khi cc bn i vay lm
mt kh nng tr n. loi b ri ro ny, Ban Gim c tip tc duy tr s gim st hiu qu hot ng ca cng ty con m n bo lnh.

Mu B 09 DN/HN

86
(b) Ri ro thanh khon
Ri ro thanh khon l ri ro m Tp on v Cng ty s gp kh khn trong vic thc hin cc ngha v
gn lin vi cc khon n phi tr ti chnh m cc khon n ny s c thanh ton bng tin hoc ti
sn ti chnh khc.

Phng thc qun l thanh khon ca Tp on v Cng ty l m bo mc cao nht c th rng Tp
on v Cng ty lun c kh nng thanh khon thanh ton cc khon phi tr khi n hn, bt k
iu kin bnh thng cng nh trong iu kin kh khn, m khng pht sinh hoc nh hng n danh
ting ca Tp on.

Thng thng Tp on m bo lng tin p ng cc chi ph hot ng kinh doanh, gm vic
p ng cc ngha v ti chnh; ngoi tr nh hng tim tng ca cc trng hp ngoi d kin, nh
thm ha thin nhin.

Ti ngy 31 thng 12 nm 2013 v ngy 31 thng 12 nm 2012, cc khon n ti chnh c khon thanh
ton c nh hoc c th xc nh c bao gm c khon thanh ton tin li c tnh c thi gian o
hn theo hp ng nh sau:

Tp on:

Gi tr
ghi s
Dng tin
theo hp
ng
Trong vng
1 nm 1 2 nm 2 5 nm Trn 5 nm

Vay ngn hn 4.245.567 (4.317.179) (4.317.179) - - -
Phi tr ngi bn 942.375 (942.375) (942.375) - - -
Phi tr nhn vin 20.387 (20.387) (20.387) - - -
Chi ph phi tr 1.578.366 (1.578.366) (1.578.366) - - -
Phi tr ngn hn khc 83.313 (83.313) (83.313) - - -
Vay v n di hn 8.755.044 (10.561.743) (2.757.462) (1.821.077) (5.414.967) (568.237)
Tri phiu/khon vay di
hn pht hnh 5.876.522 (7.757.035) (638.651) (1.464.394) (5.653.990) -

21.501.574 (25.260.398) (10.337.733) (3.285.471) (11.068.957) (568.237)

Mu B 09 DN/HN

87

Gi tr
ghi s
Dng tin
theo hp ng
Trong vng
1 nm 1 2 nm 2 5 nm Trn 5 nm

Vay ngn hn 1.540.393 (1.568.133) (1.568.133) - - -
Phi tr ngi bn 973.856 (973.856) (973.856) - - -
Phi tr nhn vin 12.480 (12.480) (12.480) - - -
Chi ph phi tr 1.300.931 (1.300.931) (1.300.931) - - -
Phi tr ngn hn khc 31.355 (31.355) (31.355) - - -
Vay v n di hn 7.049.445 (9.052.541) (1.024.292) (5.212.317) (1.910.853) (905.079)
Hi phiu nhn n 2.855.764 (2.855.764) - - (2.855.764) -
Tri phiu/khon vay di
hn pht hnh 3.376.522 (3.981.912) (334.273) (420.030) (3.227.609) -

17.140.746 (19.776.972) (5.245.320) (5.632.347) (7.994.226) (905.079)

Cng ty:

Gi tr
ghi s
Dng tin
theo
hp ng
Trong vng
1 nm 1 2 nm 2 5 nm
Triu VND Triu VND Triu VND Triu VND Triu VND

Vay ngn hn 2.123.200 (2.325.789) (2.325.789) - -
Phi tr ngi bn 9.286 (9.286) (9.286) - -
Phi tr ngn hn khc 883.439 (883.439) (883.439) - -
Chi ph phi tr 479.911 (479.911) (479.911) - -
Vay v n di hn 8.039.236 (11.352.419) (886.865) - (10.465.554)
Tri phiu/khon vay di hn
pht hnh 5.876.522 (7.757.035) (638.651) (1.464.394) (5.653.990)

17.411.594 (22.807.879) (5.223.941) (1.464.394) (16.119.544)

Gi tr
ghi s
Dng tin
theo
hp ng
Trong vng
1 nm 1 2 nm 2 5 nm

Phi tr ngi bn 1.854 (1.854) (1.854) - -
Chi ph phi tr 471.475 (471.475) (471.475) - -
Vay v n di hn 5.814.159 (7.946.905) - (252.703) (7.694.202)
Tri phiu/khon vay di hn
pht hnh 3.376.522 (3.981.912) (334.273) (420.030) (3.227.609)

9.664.010 (12.402.146) (807.602) (672.733) (10.921.811)

Mu B 09 DN/HN

88
Ban Gim c khng k vng rng cc dng tin c trnh by trn bng phn tch kh nng o hn
ca Tp on v Cng ty c th pht sinh sm hn mt cch ng k hoc c nhng gi tr chnh lch
ng k.

(c) Ri ro th trng
Ri ro th trng l ri ro m nhng bin ng v gi th trng, nh t gi hi oi v li sut s nh
hng n kt qu kinh doanh ca Tp on v Cng ty hoc gi tr ca cc cng c ti chnh m Tp
on v Cng ty nm gi. Mc ch ca vic qun l ri ro th trng l qun l v kim sot cc ri ro
th trng trong gii hn c th chp nhn c, trong khi vn ti a ha li nhun thu c.

Ri ro t gi hi oi

Tp on v Cng ty c ri ro t gi hi oi i vi cc giao dch bn hng, mua hng v cc khon vay
c gc bng n v tin t khng phi l n v tin t k ton ca cc cng ty thnh vin trong Tp on.
Loi tin t s dng trong cc giao dch ny ch yu c gc bng la M (USD), la c (AUD),
Euro (EUR), la Sing (SGD) v Thai Baht (THB).

i vi cc khon mc ti sn v n phi tr tin t c gc bng ngoi t, chnh sch ca Tp on l m
bo mc ri ro tin t thun c gi mt mc c th chp nhn c thng qua vic mua hoc bn
ngoi t t gi giao ngay khi cn thit x l mc ri ro t gi hi oi ngn hn vt mc cho php.

Ti ngy 31 thng 12 nm 2013 v ngy 31 thng 12 nm 2012, Tp on v Cng ty c cc khon ti
sn/(n phi tr) tin t thun chu nh hng ca ri ro t gi hi oi nh sau:

Tp on Cng ty
USD AUD EUR SGD THB USD SGD

Tin v cc khon tng
ng tin 27.222.114 - 7.547 621 - 6.945 621
Phi thu khch hng
v phi thu khc (*) 5.365.602 - - - - 41.913.397 -
Phi thu di hn khc - - - - - 20.357.884 -
Phi tr ngi bn
v phi tr khc (**) (7.827.788) (2.203.117) (31) - (13.733.722) (41.913.397) -
Vay ngn hn (45.955.726) - (37.345) - - (100.000.000) -
Vay di hn (277.281.875) - - - - - -
Cc khon n di hn khc (1.300.000) - - - - (1.300.000) -

(299.777.673) (2.203.117) (29.829) 621 (13.733.722) (80.935.171) 621

Mu B 09 DN/HN

89
Tp on Cng ty
USD AUD EUR THB USD

Tin v cc khon tng ng
tin 168.860.335 - 4.947 - 66.367.554
Phi thu khch hng v phi thu
khc (*) 1.029.798 - - - -
Phi thu di hn khc - - - - 31.635.370
Phi tr ngi bn v phi tr
khc (**) (19.271.699) (2.579.577) (568.090) (53.186.433) (11.464.445)
Vay v n di hn (***) (223.626.890) - - - (41.512.356)

(73.008.456) (2.579.577) (563.143) (53.186.433)

45.026.123
(*) Phi thu khch hng v phi thu khc gm khon phi thu khch hng v phi thu ngn hn khc.
(**) Phi tr ngi bn v phi tr khc gm khon phi tr ngi bn v chi ph phi tr.
(***) Vay v n di hn gm vay di hn v n di hn khc.

Bng sau y trnh by nhng t gi hi oi chnh p dng bi Tp on v Cng ty:

Tp on Cng ty

T gi hi
oi ti
31/12/2013
T gi hi
oi ti
31/12/2012
T gi hi
oi ti
31/12/2013
T gi hi
oi ti
31/12/2012
VND VND VND VND

1 USD 21.080 20.800 21.080 20.811
1 AUD 18.697 21.520 - -
1 EUR 28.890 27.398 - -
1 SGD 16.342 16.878 16.342 16.878
1 THB 631 663 - -

Mu B 09 DN/HN

90
Di y l bng phn tch cc tc ng c th xy ra i vi li nhun trc thu ca Tp on v l
trc thu ca Cng ty thng qua s bin ng ca cc loi tin t sau khi xem xt mc hin ti ca t gi
hi oi v s bin ng trong qu kh cng nh k vng ca th trng. Phn tch ny da trn gi nh
l tt c cc yu t khc s khng thay i, c bit l li sut.

Tp on Cng ty

Tng/(gim) li
nhun trc thu ti
Tng/(gim)
l trc thu ti
31/12/2013 31/12/2013
Triu VND Triu VND

USD (tng ln 1%) (63.193) (17.061)
AUD (gim i 13%) 5.355 -
EUR (tng ln 5%) (43) -
SGD (gim i 3%) (1) (1)
THB (gim i 5%) 433 -

(57.449) (17.062)

Tp on Cng ty

Tng/(gim) li
nhun trc thu ti
Gim l trc
thu ti
31/12/2012 31/12/2012
Triu VND Triu VND

USD (tng ln 1%) (15.186) 9.370
AUD (tng ln 1%) (555) -
EUR (tng ln 1%) (154) -
THB (tng ln 1%) (353) -

(16.248) 9.370

Bin ng ngc li ca t gi cc ng tin c th c cng mc tc ng nhng ngc chiu i vi
li nhun trc thu ca Tp on v Cng ty ti ngy lp bo co.

Ri ro li sut

Mc bin ng li sut ca Tp on v Cng ty ch yu lin quan n ti sn ti chnh v n phi tr c
li sut th ni. Ri ro li sut c qun l bi Tp on v Cng ty trn c s lin tc vi mc tiu
chnh l gim thiu chi ph li vay c kh nng chu nh hng bi cc bin ng bt li v li sut.

Tp on v Cng ty khng khng s dng cng c ti chnh phng nga ri ro bin ng v li sut
i vi cc khon vay chu li sut.

Mu B 09 DN/HN

91
Ti ngy bo co, tnh hnh li sut ca cc cng c ti chnh chu li sut ca Tp on v Cng ty nh
sau:

Tp on Cng ty
31/12/2013 31/12/2012 31/12/2013 31/12/2012
Cng c chu li sut c nh
Cc khon tng ng tin
(Thuyt minh 6) 5.494.986 5.567.512 1.367.448 2.150.542
u t ngn hn (Thuyt minh 13) 3.287.000 1.840.500 - 68.000
u t di hn khc
(Thuyt minh 13) - 365.500 - -
Khon vay phi thu ngn hn t mt
cng ty con (Thuyt minh 7) - - 2.172.319 -
Khon vay phi thu di hn t bn
th ba (Thuyt minh 7) 424.788 - - -
Khon vay phi thu di hn t cc
cng ty con (Thuyt minh 7) - - 1.477.557 -
Khon vay t mt cng ty con
di hn (Thuyt minh 21) - - (6.286.800) (4.000.000)
Vay ngn hn (Thuyt minh 17) (1.956.485) - (2.123.200) -
Vay di hn (Thuyt minh 21) (5.208.722) (3.556.021) (4.276.522) (2.676.522)

2.041.567 4.217.491 (7.669.198) (4.457.980)

Cng c chu li sut th ni
Tin gi ngn hng (Thuyt minh 6) 200.210 146.553 11.361 6.687
Vay ngn hn (Thuyt minh 17) (1.389.907) (1.540.393) - -
Vay di hn (Thuyt minh 21) (9.248.717) (6.488.383) (1.600.000) (700.000)

(10.438.414) (7.882.223) (1.588.639) (693.313)

Phn tch nhy cm ca cc cng c chu li sut th ni

Mi thay i 100 im c bn ca li sut s lm gim li nhun trc thu ca Tp on v l trc thu
ca Cng ty ln lt l 104.384 triu VND (31/12/2012: 78.822 triu VND) v 15.886 triu VND
(31/12/2012: 6.933 triu VND)

Mu B 09 DN/HN

92
(d) c tnh gi tr hp l
Tin v cc khon tng ng tin, cc khon u t ngn hn, cc khon phi thu khch hng v phi thu
khc, cc khon phi tr ngi bn v phi tr khc v n phi tr ti chnh khc

Gi tr ghi s ca cc ti sn v n phi tr ti chnh ny xp x gi tr hp l do tnh ngn hn ca cc cng c
ny.

Cc khon u t di hn khc, cc khon vay ngn hn v di hn, cc m bo pht hnh v cc quyn
chn mua v bn

Cng ty cha xc nh gi tr hp l ca cc cng c ti chnh ny thuyt minh trong bo co ti chnh bi v
khng c gi nim yt trn th trng cho cc cng c ti chnh ny v Chun mc K ton Vit Nam, Ch
K ton Vit Nam v cc quy nh php l c lin quan n vic lp v trnh by bo co ti chnh hin khng
c hng dn v cch tnh gi tr hp l s dng cc k thut nh gi. Gi tr hp l ca cc cng c ti chnh
ny c th khc vi gi tr ghi s.

(e) Gi tr ghi s ca cc ti sn v n ti chnh
Bng sau y tm tt gi tr ghi s ca ti sn ti chnh v n ti chnh cng c trnh by trong Bng cn i
k ton theo phn loi ca Thng t 210 nh sau:

Tp on:

Thuyt
minh
Nm gi
n ngy
o hn
Sn sng
bn
Gi tr hp
l thng
qua bo
co kt qu
hot ng
kinh doanh
Cc khon
cho vay v
phi thu
N phi tr
ti chnh c
xc nh theo
gi tr phn
b
Tng gi tr
ghi s

u t ngn hn 13 3.287.000 - - - - 3.287.000
u t di hn khc 13 - 3.600 - - - 3.600
Phi thu khch hng v
phi thu khc (*) 7 - - - 614.902 - 614.902
Phi thu di hn khc 7 - - - 450.183 - 450.183
Tin v cc khon tng
ng tin 6 - - - 5.698.563 - 5.698.563

3.287.000 3.600 - 6.763.648 - 10.054.248

Vay ngn hn 17 - - - - (4.245.567) (4.245.567)
Vay v n di hn (***) 20,21 - - (60.561) - (8.755.044) (8.815.605)
Tri phiu/khon vay
c m bo 21 - - - - (5.876.522) (5.876.522)
Phi tr ngi bn v phi
tr khc (**) - - - - (2.624.441) (2.624.441)

- - (60.561) - (21.501.574) (21.562.135)

Mu B 09 DN/HN

93

Thuyt
minh
Nm gi n
ngy o hn
Gi tr hp l
thng qua bo
co kt qu hot
ng kinh
doanh
Cc khon
cho vay v
phi thu
N phi tr ti
chnh c xc
nh theo gi tr
phn b
Tng gi tr
ghi s

u t ngn hn 13 1.840.500 - - - 1.840.500
u t di hn khc 13 365.500 - - - 365.500
Phi thu khch hng
v phi thu khc (*) - - 467.445 - 467.445
Phi thu di hn khc 7 - - 23.158 - 23.158
Tin v cc khon tng ng tin 6 - - 5.718.717 - 5.718.717

2.206.000 - 6.209.320 - 8.415.320

Vay ngn hn 17 - - - (1.540.393) (1.540.393)
Vay v n di hn (***) 20,21 - (356.269) - (7.049.445) (7.405.714)
Hi phiu nhn n 21 - - - (2.855.764) (2.855.764)
Tri phiu/khon vay chuyn i 21 - - - (3.376.522) (3.376.522)
Phi tr ngi bn v phi tr khc (**) - - - (2.318.622) (2.318.622)

- (356.269) - (17.140.746) (17.497.015)

Cng ty:

Thuyt
minh
Gi tr hp l
thng qua bo
co kt qu hot
ng
kinh doanh
Cc khon
cho vay v phi
thu
N phi tr ti
chnh c xc
nh theo gi tr
phn b
Tng gi tr
ghi s

Phi thu khch hng
v phi thu khc (*) 7 - 10.753.946 - 10.753.946
Phi thu di hn khc 7 - 2.875.015 - 2.875.015
Tin v cc khon tng ng tin 6 - 1.379.279 - 1.379.279

- 15.008.240 - 15.008.240

Vay v n di hn (***) 20,21 (60.561) - (8.039.236) (8.099.797)
Tri phiu/khon vay m bo 21 - - (5.876.522) (5.876.522)
Vay ngn hn 17 - - (2.123.200) (2.123.200)
khc (**) - - (1.372.636) (1.372.636)

(60.561) - (17.411.594) (17.472.155)

Mu B 09 DN/HN

94

Thuyt
minh
Nm gi n
ngy o hn
Gi tr hp l
thng qua bo
co kt qu
hot ng
kinh doanh
Cc khon
cho vay v
phi thu
N phi tr ti
chnh c
xc nh theo
gi tr phn b
Tng gi tr
ghi s

u t ngn hn 13 68.000 - - - 68.000
Phi thu khch hng
v phi thu khc (*) - - 258.406 - 258.406
Phi thu di hn khc 7 - - 1.658.406 - 1.658.406
Tin v cc khon tng
ng tin 6 - - 2.160.026 - 2.160.026

68.000 - 4.076.838 - 4.144.838

Vay v n di hn (***) 20,21 - (356.269) - (5.814.159) (6.170.428)
Tri phiu/khon vay
chuyn i 21 - - - (3.376.522) (3.376.522)
khc (**) - - - (473.329) (473.329)

- (356.269) - (9.664.010) (10.020.279)

(*) Phi thu khch hng v phi thu khc gm phi thu khch hng v phi thu ngn hn khc.

(**) Phi tr ngi bn v phi tr khc gm phi tr ngi bn, phi tr nhn vin, chi ph phi tr v phi tr
ngn hn khc.

(***) Vay v n di hn gm vay di hn v n di hn khc.

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