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Available Earnings

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Available Earnings
The profit of a company that it may choose to pay out as dividends to common stockholders. One calculates the available earnings by taking the profit and subtracting depreciation, taxes, preferred dividends and other expenses. Available earnings are also used in calculating earnings per share. See also: Payout rate.


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Approbation of available earnings Motion proposed by the Board of Directors The Board of Directors proposes that the appropriation of available earnings be approved as follows: CHF Net income (2,058,680) Retained earnings brought forward from 102,411,588 the previous year Available income 100,352,908 Allocation to general legal reserve 0 Retained earnings carried forward 100,352,908 5.
The pool of available earnings in the broader risk management world is increasingly vast.
Falloon noted that consistent with TEN's policy of paying out 100% of available earnings in dividends, TEN will pay an interim dividend early in 2003.
 
 
 
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