Forecast debt follows user repayment and borrowing inputs (exogenous schedule). There is no cash sweep: surplus cash does not automatically repay debt. Real estate uses an LTV target on investment property instead of explicit debt sliders. Interest uses average debt balances and does not create a full corkscrew circular with cash in the MVP.

Historical years through FY2025E show TT200/2014-style account codes in Vietnamese presentation mode; FY2026E+ show TT99/2025 labels per the 01/01/2026 effective date. These are Layer 3 presentation labels only — underlying model amounts are unchanged and are not a statutory BCTC filing.

The Bridge tab implements Demo #13 logic: IFRS 16 leases, IFRS 15 revenue timing, extra depreciation, provisions, impairment, and deferred tax on a single VAS period (FY2024A). It is not linked to the multi-year industry simulators. Multi-period roll-forward, OCI, and full consolidation eliminations are out of scope.

All outputs are for learning and internal discussion. They are not investment advice, tax advice, or audited financial statements. Verify material decisions with qualified professionals and primary sources.