en

sums drawn from reserves

1

Terminological databases

EKI terminibaas Esterm

ID 696477 Last modified 30.12.2004
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Domain public financesaccountancy & commercial arithmeticscommercial law
sums drawn from reserves
Usage examples
  • The amount of a distribution to shareholders may not exceed the amount of the profits at the end of the last financial year plus any profits brought forward and sums drawn from reserves available for this purpose, less any losses brought forward and sums placed to reserve in accordance with the law or the statutes.

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