Expert: Paul Ling - 11/8/2004

Question
Hi,
I m studying the annual reports of MTRC(0066)from 2001 to 2003 and need to prepare a comparison on the consolidated bal. sheet.
However, there is a difference found in the liabilities section from 2001 to 2002. The items are changed,i.e.taxation and taxes payable. Morever,the figure of net assets of 2002 changed in 2003 annual report and different to what was reported in 2002.

I already tried to sort it out by reading the notes, but maybe i m too stupid and i still cant explain, please help me.

cheers,
sammy

Answer
Dear Sammy
Sorry for late reply, because of mailing system delay my process.
I found your question are liab on 2001 and 2002 are large than pass year . U may know I may not be fullly read the annual report. So that If U can give me some U found and What U expect . It was useful to help me to ans your Question .

For my understanding,U may read the chairman report as hint to know what and  how last year . May U can send me more and more your requirement to me then may I can slove your not understand.

e.g
http://www.hkex.com.hk/listedco/listconews/sehk/20030320/00066/F106.pdf