Kaidi Electric Power said the balance of personal borrowing fell by 10.698 million yuan in 09

Source: Internet
Author: User
Keywords 9 years 2009
Tags bad debts balance clean up company control internal internal control personal
Recently, Kaidi Electric Power Dong Department A Mr. Yu responded to this newspaper, the company 2008 to other receivables personal borrowing for a separate impairment test, and to 19.1851 million yuan personal borrow money, full of the provision of bad debts, but did not carry out the write-off of such loans. 2009 Kaidi Electric Power through the improvement of the internal control of personal borrowing, strengthen the supervision and collection of personal loans to ensure that individual loans can be timely recognition and recovery. 2009 the company collected personal loans nearly 2 million yuan, clean up personal borrow nearly 8.6 million yuan. As of December 31, 2009, the company's previous annual impairment test and the full amount of loans for the preparation of personal loans has been reduced from 19.1851 million yuan to 8.4871 million yuan, reducing personal borrowing 10.698 million yuan.
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