Ready for Breakthrough - Techcombank

Consolidated statement of cash flows
for the year ended 31 December 2009 (continued)
Form B04/TCTD-HN
Notes to the consolidated financial statements
for the year ended 31 December 2009
Form B05/TCTD-HN
Notes 2009
VND million
2008
VND million
These notes form an integral part of, and should be read in conjunction with, the accompanying consolidated
financial statements.
CASH FLOWS FROM FINANCING ACTIVITIES
01 Issuance of share capital - 1,272,357
04 Dividend paid - (364,201)
III
NET CASH INFLOWS FROM FINANCING
ACTIVITIES
- 908,156
IV NET INCREASE IN CASH FLOWS FOR THE YEAR 7,668,288 7,513,560
1. Reporting entity
Vietnam Technological and Commercial Joint Stock Bank (herein referred to as “the Bank”) is a joint stock
bank incorporated and registered in the Socialist Republic of Vietnam.
The Bank was established pursuant to Banking Licence No.0040/NH-GP dated 6 August 1993 issued by
the State Bank of Vietnam (“the SBV”) and Business Registration Certificate No.055697 dated 7 September
1993 issued by Hanoi Department of Planning and Investment. Its operation period was extended to 99
years under Decision No.330/QD-NH5 dated 8 October 1997 by the SBV.
V
VI
CASH AND CASH EQUIVALENTS AT THE BEGINNING
OF THE YEAR
CASH AND CASH EQUIVALENTS AT THE END
OF THE YEAR
13,289,418 5,775,858
31 20,957,706 13,289,418
The principal activities of the Bank are mobilising and receiving short, medium and long-term deposit funds
from organisations and individuals; granting loans on short, medium and long-term basis up to the nature
and ability of the Bank’s capital resources; conducting settlement and cash services and other banking
services as approved by the SBV; conducting investments in associate, joint-ventures and other companies;
investment in bonds and deal in foreign exchange in accordance with applicable regulations.
As at 31 December 2009, the Bank’s share capital is VND5,400,416,710,000. Face value per share is
VND10,000.
Approved by:
The Bank’s Head Office is located at 70-72 Ba Trieu, Hanoi. As at 31 December 2009, the Bank has one (1)
Head Office, one (1) representative office, one (1) transaction centre, fifty (50) branches, one hundred and
thirty seven (137) transaction offices nationwide and three (3) subsidiaries.
Tran Van Chien
Chief Accountant
Nguyen Duc Vinh
Chief Executive Officer
The consolidated financial statements of the Bank as at and for the year ended 31 December 2009 comprise
the Bank and its subsidiaries (together referred to as “Techcombank”).
As at 31 December 2009, the Bank had three (3) subsidiaries as follows:
Subsidiaries Operating licence Nature of Business % owned by
Techcombank
Techcom Securities Company
Limited
Vietnam Technological and
Commercial Joint Stock Bank -
Asset Management Company
Limited
Techcom Capital Management
Company Limited
98/UBCK-GP, dated 18 September
2008 granted by State Securities
Commission.
0104003519 dated 18 June 2008
granted by Hanoi Department of
Planning and Investment.
40/UBCK-GP, dated 21 October
2008 granted by State Securities
Commission.
Securities activities 100%
Asset management 100%
Fund management 100%
As at 31 December 2009, Techcombank had 5,548 employees (31 December 2008: 4,635 employees).
The accompanying notes are an integral part of the consolidated financial statements
80 READY FOR BREAKTHROUGH
TECHcOMBANK ANNUAL REPORT 2009 81