In order to finance its high upfront expenditure, Audi will systematically utilize
available earnings potential, for example by expanding its market position in the upper premium segments.
the board's proposal to the General Meeting on the appropriation of
available earnings complies with the law and statutes;
Also, the AGM resolved to appropriate DDM's
available earnings in accordance with the board's proposal in the 2015 Annual Report, not to pay a dividend for the 2015 financial year and resolved to discharge the board of directors and the management team from liability for the 2015 financial year.
available earnings over the past year to support its expansion plans.
Estimates for advance quarters--quarters for which there is no corresponding annual estimate--are extrapolated using
available earnings data in three steps:
301 and is treated as a dividend to the extent of
available earnings and profits.
The pool of
available earnings in the broader risk management world is increasingly vast.
First, the superiority of financial analysts' forecasts over those by univariate time-series models suggests that information other than publicly
available earnings data is useful for forecasting earnings.
One of the more pernicious threats faced by closely held corporation shareholders is the prospect of "constructive" distributions, taxed as ordinary dividend income to the extent of
available earnings and profits, for transactions in which the shareholder benefits from a corporate action.
302(b) tests; otherwise, these transactions are treated as other nonliquidating distributions (i.e., dividend income to the recipient to the extent of
available earnings and profits); see Secs.
