The subsidiaries of China State Shipbuilding Corporation received 36.1573 million yuan of government subsidies, including 35.8783 million yuan of revenue-related government subsidies and 279,900 yuan of asset-related government subsidies, mainly for undertaking tasks designated by the state. The specific items of government subsidy related to income are as follows (unit: TEN thousand yuan) :
According to the development progress and actual use of the project, the amount of the above subsidy recorded into the profit and loss of the current period is RMB 2,5930,400. The specific accounting treatment will be based on the results confirmed by the annual audit institutions.
Source: Sarah Yu, XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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