Balance of Retained Earnings

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Balance of Retained Earnings

A financial statement declaring a company's retained earnings at the beginning and end of an accounting period. It begins with the unadjusted retained earnings from the previous accounting period, then lists adjustments, adds net income, and subtracts dividends paid. The final entry lists the retained earnings at the end of the accounting period. The balance of retained earnings is published along with a balance sheet.
References in periodicals archive ?
Impact The financial restatement will be effected by reducing OMR3,134,767 from the Opening Retained Earnings balance as of January 1, 2012 included under the Statement of Changes in Equity which forms part of the financial statements.
The company has maintained a negative retained earnings balance since that time.
4m for the same periods in 2013 and an increase in its retained earnings balance to USD 312.
The bank's retained earnings balance was around USD1.
Similarly, its 31 December 20x8 separate company balance sheet would report a $3,640 retained earnings balance, equal to the $3,100 dividend basis retained earnings of Company P plus $540 or 60 percent of Company S's $900 retained earnings accumulated since acquisition.
The impact of approximately $41 million to retained earnings will result in a retained earnings balance above the Board's retained earnings target of $200 million.
0m in 1Q13, and an increase in its retained earnings balance to USD 297.
However, Southwest management warned in notes that accompanied the May financials that such a low retained earnings balance "represents a relatively small buffer to absorb additional investment losses before depletion of MCA would be necessary.
FHLB Atlanta said that its retained earnings balance was approximately USD1.
Under the revised retained earnings policy, which is subject to Finance Board review and approval, the current target for the Seattle Bank's retained earnings balance will be $89 million, as compared to an initial target of $35 million set earlier this year by the Seattle Bank board.
The financial impact of the tax effects of the settlement and subsequent deconsolidation of NRG from Xcel Energy's financial statements are expected to positively impact retained earnings and may be sufficient to eliminate the negative retained earnings balance.
6 million was charged to the opening retained earnings balance as at March 1st, 2002, for the impaired goodwill of European operations in the bathroom and kitchen segment.