Any bonds, notes, or other evidences of indebtedness listed in Section (1) through (3) may be purchased pursuant to a repurchase agreement with a Bank, within or without the City ,having a combined capital, surplus and undivided profit
of not less than $25,000,000 provided the obligation of the Bank to repurchase is within the time limitations established for investments as set forth herein.
The authors of  cite the ratio of undivided profit to owned capital as an indicator of life cycle phase.
According to the pecking order theory, this is because management prioritized undivided profit over issuing shares or bonds during financing because of high flotation costs.
In a financial report for the fiscal year ended in March 2000, Morimoto and others falsely reported that the company generated 580 million yen in undivided profit
despite the company chalked up about 5.
17 million); finally mounting income tax from undivided profits
weakened growth of economy of scale.
In that situation, the language of the Bill states that "the creditor corporation is allowed to deduct from the total of its capital, surplus, and undivided profits
the amount of any debt owed to it by a parent, subsidiary, or affiliated corporation to the extent that the debt has been included in the tax base of the parent, subsidiary, or affiliated debtor corporation reporting for taxation under the provision to this section.
Aki's recent Senate Bill 1756 would order newspapers to submit a form revealing their assets and liabilities, all sustained losses, expenses and taxes paid (including all compensation paid to each officer, editor and publisher), gross earnings, undivided profits
and dividends paid.
For example, a Delaware bank may not count its bank capital and surplus as part of the mandated capital and reserves for its insurance operations, nor may it allocate more than 25 percent of its total capital, surplus and undivided profits
in the aggregate to all of its insurance divisions and subsidiaries.