Chapter 390 Small Vault
Dong Jiamu carefully checked the data and roughly matched it with what he had in mind. He felt that there was nothing wrong. When he was about to report to Fang Chen, he was interrupted by Fang Chen.
Fang Chen took the report directly and gave Dong Jiamu an approving look. Although everyone knew that even if Bi Weibing scolded Fang Chen in his heart, he would not dare to falsify the data. After all, this was related to the entire Puhua Waterfront.
A company's reputation is a big deal.
But Dong Jiamu's serious and responsible attitude really made Fang Chen feel good. In addition, he had wronged Dong Jiamu before. Fang Chen suddenly felt moved at this time and directly let Dong Jiamu stay and let him serve as the finance minister of the telephone equipment factory.
.
The more Fang Chen thought about it, the more reliable he thought it was. There was no doubt that the communications equipment company, which was in the beginning of everything, needed a finance minister who could be the backbone of the company more than the little overlord who had stabilized.
But if he did this, Duan Yongping might be tempted to jump on his feet again. Fang Chen felt a little overwhelmed when he thought of having to work hard to convince Duan Yongping.
Forget it, think about this later, Fang Chen directly looked at the document in his hand.
Looking at this, Fang Chen couldn't help but frown slightly. Although the document had been deleted a lot, it was still a bit cumbersome for him. The document contained the service life and estimated value of each factory building, the mechanical equipment of each workshop.
Valuations, valuations of office furniture and vehicles, and details of each liability are included.
And these data were in two copies. Fang Chen looked at them carefully and found that although the items were the same, half were the telephone equipment factory's own asset and liability accounts, while the other half were the results of this audit.
He knew that no matter how he deleted and extracted the key data, the content in this document was indispensable. If he didn't report it for ten or twenty minutes, it would never be complete, so he might as well read it himself.
Fortunately, all the data he wanted was available. Fang Chen's eyes suddenly went to the bottom. This was a summary. He looked at the audit results first.
Luozhou Telephone Equipment Factory, the total assets of the entire factory total more than 26.5 million, of which fixed assets are about 23.5 million, and current capital is a little over 3 million.
Then there are debts of more than 12.6 million yuan, and more than 10 million yuan are owed to various upstream suppliers over the years. The oldest debt is from 1977, which is more than 3,000 yuan owed to an electronic tube factory.
Money is already an old debt.
Fang Chen couldn't help grinning. This was probably the fault of the planned economy. At that time, materials were allocated uniformly, and money was just a formality. Even debts were not borne by the enterprise. Most of them were settled by the superior authorities, so the enterprise
There is no intention to repay the debt, and the debtor company has no intention to collect debt.
Moreover, Fang Chen took a quick look and found that at least three million yuan was owed in this way, and the debt period was more than ten years.
Fang Chen made an estimate and concluded that there should be no need to repay debts like this. It might be the same thing whether the factory is still there or not.
The remaining two million yuan is what Old Deng said before, the wages, pensions, medical expenses, etc. owed.
Other companies, including the Telecommunications Bureau, owe the telephone equipment factory around 4 million, part of which is more than ten years old, and it is estimated that it is impossible to repay it. However, the Telecommunications Bureau owes more than 1 million yuan to the telephone equipment factory.
You can probably find a way to come over.
Fang Chen glanced at the telephone equipment factory's own records again.
Fang Chen was a little stunned when he saw this. All the liabilities were exactly the same, and the assessments of the various assets were also similar. There was only a small error. This should be due to the different assessment methods.
For example, some equipment in the telephone equipment factory has exceeded its normal service life. According to the annual deductibility, the value of this equipment has been completely deducted, so the accounting of this equipment in the telephone equipment factory will be zero.
But in fact, this equipment still exists and has use value, so it will naturally be counted as an asset during the audit.
But in the end, there was a difference of more than 2.2 million yuan in working capital, and the most important thing is that it was not more, but less. The record of the telephone equipment factory was more than 900,000 yuan, but the result of this audit was 3 million yuan.
A little more than a million,
It seemed that even the people at Puhua felt something strange and marked the working capital with a red pen.
You must know that the ultimate purpose of auditing is to find out the shortcomings of the acquired company that are on the accounts but not actually there.
For example, there are two million in the account, but in fact there is not a penny. The two million was obtained through some means of falsifying accounts.
Otherwise, it would be useless to do an audit. It would be better to just follow the accounts of the telephone equipment factory.
But it’s really rare that there is no such thing in the accounts but it is actually there.
Fang Chen suddenly regretted it now. If he had not asked for an audit, but had taken over the phone equipment factory directly according to its accounts, not only would he not have to pay for the audit by PricewaterhouseCoopers, but he would also have lost more than two million yuan in vain.
Suddenly, an idea flashed in Fang Chen's mind, and he seemed to know how the two million came from.
When I looked up, sure enough, I saw Old Dengtou's face as black as a briquette.
Fang Chen pointed at the difference of more than two million yuan between the two accounts, and asked a little playfully: "Is this money from the small treasury?"
Hearing this, Deng Jun's face turned darker and he said angrily: "I know you still ask."
"Pfft!"
After hearing this, Fang Chen couldn't help laughing.
He finally understood why the atmosphere was so solemn as soon as he entered the door, and Old Deng looked at the group of people with an unkind expression. He cooperated with these people to audit Old Deng's small treasury.
I don’t know how long it took Old Deng to save up this small treasury, but now it’s good to let these auditors take care of it.
However, Fang Chen's mood was a bit complicated at this time, and he felt that he should give Lao Dengtou a thumbs up.
Generally speaking, things like accounts, especially state-owned enterprises, almost always have more or less problems. There is no way, there are too many people reaching out, let alone a clean account like a telephone equipment factory, he has never seen it.
Never heard of it.
Seeing Old Deng's sulky look, Fang Chen said with a smile: "Okay, don't be angry. I will take over this factory from now on, and the historical role of your little treasury will be played out. I will take care of everything in the factory."
Be responsible to the end, so it’s good that this money is audited, and the amount of money you will save in the future is unclear. If this is not done well, you will think that I, Fang Chen, are greedy for your two million."
Deng Jun sneered at Fang Chen. He naturally knew that Fang Chen didn't care about the two million, but he did!
The reason why their factory has been able to survive in the past few years is because of the small treasury of more than 2 million he has saved. Otherwise, life would be miserable.
Looking at the audit report, Fang Chen sighed quietly. The messy preparatory work for acquiring the telephone equipment factory was finally over.
It can be said that there is only one tough battle left, and I don't know if it is a tough battle. The telephone equipment factory will be named Fang.
Speaking of which, Fang Chen himself felt like laughing. He knew that what he acquired was just a company with 3,000 employees and a net worth of more than 10 million. If he didn't know this, he would have thought that he was acquiring some kind of industrial and commercial business.
Banks, mobile companies, large central enterprises such as PetroChina have been struggling for so long.
But now it seems there is no PetroChina, only China Petroleum and Natural Gas Corporation, which was just spun off from the Ministry of Petroleum Industry.
And it doesn’t even have China Mobile. Even China Mobile’s predecessor, the Mobile Communications Bureau of the Ministry of Posts and Telecommunications, has not yet been established.
Look at Huang Hongnian's acquisition of enterprises in his previous life. In three days, he acquired 101 state-owned enterprises at once. This acquisition company acquired money faster than he could eat.
When it comes to him, it's just a business acquisition, but it's like a heart transplant. It's extremely difficult and requires caution.
But there was nothing that could be done about it. Su Shuang disagreed at first, and then came Deng Jun, who stood in the way. Before he could convince Deng Jun, he just sent Deng Jun to Lingnan, but then another Department of Science and Technology came.
Wu Jiangxing also involved the issue of ownership of the 04 machine.
Then coupled with the audit, and the need to make this matter watertight, so that no one can find any faults, and to add to Su Shuang's work, Fang Chen himself feels very big just thinking about it.
To be honest, this acquisition of a telephone equipment factory was not difficult in any way, but it was pretty much the same. It was really difficult.
However, it's all worth it.
After reading the audit report, Fang Chen invited everyone to have dinner at Luozhou Hotel, even Bi Weibing and the people from Puhua Company, who treated them equally as a reward for everyone's hard work for so long.
This is indeed sincere. To be honest, these people have worked hard to complete the audit of the telephone equipment factory in such a short period of time.
After dinner, Fang Chen sent Su Yan home as usual.
Walking to the gate of the municipal party committee compound, Fang Chen looked at Su Yan who was a little disappointed, rubbed Su Yan's hair, and said with a smile: "Why, you want me to move in early?"
Su Yan didn't speak, but she nodded heavily without shame. She naturally hoped that Fang Chen could stay with her longer.
"After Secretary Su has finished talking to me about the telephone equipment factory in the next few days, I will move here." Fang Chen said.
Naturally, he wanted to move here as soon as possible, but he has been really busy recently.
But who knew that Su Yan still looked a little unhappy, Fang Chen asked strangely: "Why do I still feel unhappy?"
"Baby, I feel that you are a little far away from me. You are a bit strange to me today." Su Yan looked at Fang Chen with a pair of big and bright eyes, but her eyes were full of confusion.
She knew almost everything about Fang Chen's career before, and she also went to Little Overlord when Fang Chen was hit. But at that time, Little Overlord had just started to develop, and the main factory only had one or two hundred employees.
Just people.
But today, everyone's attitude toward Fang Chen seemed to remind her that there were tens of thousands of people working for Fang Chen, and that Fang Chen had an extraordinary influence on their destiny.
Especially the way Fang Chen looked at Bi Weibing made her realize for the first time that Fang Chen was a billionaire, and she also understood the meaning of a billionaire.
She suddenly felt that she was not worthy of Fang Chen.
There is no doubt that she is excellent, even much better than ninety-nine percent of people, but with Fang Chen, who is one in a million, or even one in a billion, she really feels ashamed of herself.
Chapter completed!