AN CUONG ANNUAL REPORTS 2024

ANNUAL REPORT 2024

TOGETHER IN BELIEF, LEADING IN INNOVATION

208

209

Prepaid expenses

Inventories

VND Ending balance

Beginning balance

VND Ending balance

VND Beginning balance

VND

Provision

Provision

Cost

Cost

14,375,603,528

14,935,644,627

Short-term

Raw materials

472,363,129,590 (18,533,706,141)

557,485,101,721

(18,919,194,639)

Maintenance fee Tools and supplies Rental fee Software usage, infrastructure fees Others

4,975,443,375

646,358,527

181,291,264,522

(6,534,806,027)

206,412,425,952 (8,759,996,393)

Finished goods

2,708,977,886

7,061,021,396

Work in process

164,582,758,185 (6,414,041,019)

174,198,297,205 (5,167,458,899)

602,690,805

824,572,477

-

696,508,764

Merchandise

115,279,326,208 (3,260,616,154)

162,155,014,106 (3,171,687,437)

6,088,491,462

5,707,183,463

-

-

Goods in transit

37,718,061,731

45,208,363,802

Long-term

176,139,628,429

187,035,283,084

Tools and supplies

13,217,065,769

-

9,756,769,432

-

Prepaid land rental (*) Office and factory renovation Tools and supplies Rental

152,450,664,522

157,173,459,051

Goods on consignment

17,928,210,370

-

15,306,502,139

-

9,713,042,428

12,115,407,205

1,002,379,816,375 (34,743,169,341) 1,170,522,474,357 (36,018,337,368)

TOTAL

3,322,972,840

8,720,395,262

1,909,714,133

1,955,823,931

The Group pledged its inventories with amount of VND 239,000,000,000 as collateral for bank loans (Note 20).

Others

8,743,234,506

7,070,197,635

190,515,231,957

201,970,927,711

TOTAL

Detail of movements of provision for obsolete inventories:

As at 31 December 2024, land use rights of land plot No. 218, No. 441, No. 820 and No. 818 located in Tan Uyen City and Dat Cuoc District, Binh Duong Province with the carrying amount of VND 149,966,693,824 (31 December 2023: VND 154,620,329,076) were pledged as securities for short-term borrowings with banks (Note 20). (*)

VND Current year

VND Previous year

Beginning balance Add : Provision made during the year Less: Reversal of provision during the year Ending balance

36,018,337,368 24,713,907,707 20,689,121,702 11,304,429,661 (21,964,289,729) - 34,743,169,341 36,018,337,368

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