Chinese CRCC reset huge hospitality expenses or in the hide and seek

China CRCC "reset" huge entertainment

2012 conference fee 837000000 yuan; last year the listing Corporation hospitality an four drop in

into Cheap Throwback Falcons Jerseys the middle of April, A shares of listing Corporation 2013 annual Cheap Throwback Bengals Jerseys report disclosure close to ending. Public concern for the listing Corporation "hospitality business", the reporter found, 2013 annual reception cost listing Corporation last year dropped four over the previous year 837000000 yuan price, hospitality Chinese railway construction last year hospitality to zero.

The

part of the company to hide the hospitality

according to straight flush statistics, as of April 20th, the two cities a total of 1908 listing Corporation released annual report 2013, including 1269 in the annual report disclosure of "hospitality business" data, a total of 7701000000 yuan. Announced by the year 1720 listing Corporation contrast hospitality total 13800000000 yuan, a rough calculation (the annual report disclosure is completed), an 44% drop in.

reporter noticed, greatly reduces the data is actually from many companies on the "hospitality business" this item carefully conceal mentioning. From a straight flush statistics that, up to now, there are at least 82 last year revealed entertainment expenses in this year's report directly to hide the the project, while last year the listing Corporation reported 2012 entertainment expenses amounted to 2602000000 yuan.

, reported last year 2012 hospitality "top three" are the large central enterprises, respectively, to 837000000 yuan ranked first in the China railway construction, as well as to the 780000000 yuan and 342000000 yuan in two or three bit Chinese construction and China electric power construction, however, Cheap Throwback Jets Jerseys this year the three listing Corporation at the time of disclosure are invariably hidden go to the "hospitality business" the financial index. Several other year hospitality billion "big", including Gezhouba Dam, Chinese north car, chemical, Chinese, chose the "hospitality business" not to disclose. Cheap Throwback Eagles Jerseys

up to now, in Cheap Throwback Texans Jerseys 2012 12 home entertainment listing Corporation super billion, only three companies announced in 2013 the business entertainment expenses (another three companies did not disclose the annual report). And the three listing Corporation entertainment expenses declines sharply. Such as coal energy from 113000000 yuan in 2012 to 77790000 yuan in 2013, a drop of 30%. Shanghai Construction Engineering in 2012 from 178000000 yuan to 149000000 yuan in 2013.

hospitality or in the "hide and seek"

for individual listing Corporation, last year there are billions of hospitality, last year the cost instantly take wings to itself "".

reporter part listing Corporation 2013 annual report found, individual listing Corporation through accounting adjustment to realize the huge hospitality "".

to Chinese railway as an example. Last year, China railway construction was 837000000 yuan "super hospitality" caused great concern. In the 2013 annual report, China CRCC "industry