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Scania AB (Scania AB) Retained Earnings : $4,546 Mil (As of Dec. 2015)


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What is Scania AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Scania AB's retained earnings for the quarter that ended in Dec. 2015 was $4,546 Mil.

Scania AB's quarterly retained earnings stayed the same from Jun. 2015 ($0 Mil) to Sep. 2015 ($0 Mil) but then increased from Sep. 2015 ($0 Mil) to Dec. 2015 ($4,546 Mil).

Scania AB's annual retained earnings declined from Dec. 2013 ($5,563 Mil) to Dec. 2014 ($5,254 Mil) and declined from Dec. 2014 ($5,254 Mil) to Dec. 2015 ($4,546 Mil).


Scania AB Retained Earnings Historical Data

The historical data trend for Scania AB's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scania AB Retained Earnings Chart

Scania AB Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,624.31 5,053.39 5,563.46 5,253.71 4,546.02

Scania AB Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,253.71 - - - 4,546.02

Scania AB Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Scania AB  (OTCPK:SVKBF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Scania AB (Scania AB) Business Description

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Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

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