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iiNET (ASX:IIN) Retained Earnings : A$130 Mil (As of Jun. 2015)


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What is iiNET Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. iiNET's retained earnings for the quarter that ended in Jun. 2015 was A$130 Mil.

iiNET's quarterly retained earnings increased from Jun. 2014 (A$98 Mil) to Dec. 2014 (A$106 Mil) and increased from Dec. 2014 (A$106 Mil) to Jun. 2015 (A$130 Mil).

iiNET's annual retained earnings increased from Jun. 2013 (A$67 Mil) to Jun. 2014 (A$98 Mil) and increased from Jun. 2014 (A$98 Mil) to Jun. 2015 (A$130 Mil).


iiNET Retained Earnings Historical Data

The historical data trend for iiNET'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.

iiNET Retained Earnings Chart

iiNET Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.04 31.78 66.94 97.72 129.72

iiNET Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 66.94 78.30 97.72 106.23 129.72

iiNET 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.


iiNET  (ASX:IIN) 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.


iiNET Business Description

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iiNET Limited (IIN) was established in 1993 to deliver Internet access services to Western Australia. iiNet has 700,000 customers across Australia, NZ and Capetown. Internet and communication services offered include dialup, broadband and phone.