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Balamara Resources (FRA:CDU) Retained Earnings : €-44.52 Mil (As of Dec. 2014)


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What is Balamara Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Balamara Resources's retained earnings for the quarter that ended in Dec. 2014 was €-44.52 Mil.

Balamara Resources's quarterly retained earnings declined from Dec. 2013 (€-37.24 Mil) to Jun. 2014 (€-43.74 Mil) and declined from Jun. 2014 (€-43.74 Mil) to Dec. 2014 (€-44.52 Mil).

Balamara Resources's annual retained earnings declined from Jun. 2012 (€-38.54 Mil) to Jun. 2013 (€-39.62 Mil) and declined from Jun. 2013 (€-39.62 Mil) to Jun. 2014 (€-43.74 Mil).


Balamara Resources Retained Earnings Historical Data

The historical data trend for Balamara Resources'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.

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Balamara Resources Retained Earnings Chart

Balamara Resources Annual Data
Trend Jun02 Jun03 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.63 -28.80 -38.54 -39.62 -43.74

Balamara Resources Semi-Annual Data
Dec02 Jun03 Dec03 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 -41.10 -39.62 -37.24 -43.74 -44.52

Balamara Resources 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.


Balamara Resources  (FRA:CDU) 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.


Balamara Resources (FRA:CDU) Business Description

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Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

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