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Daisy Group (FRA:PWH1) Retained Earnings : €-93.4 Mil (As of Sep. 2014)


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What is Daisy Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Daisy Group's retained earnings for the quarter that ended in Sep. 2014 was €-93.4 Mil.

Daisy Group's quarterly retained earnings declined from Sep. 2013 (€-54.7 Mil) to Mar. 2014 (€-78.0 Mil) and declined from Mar. 2014 (€-78.0 Mil) to Sep. 2014 (€-93.4 Mil).

Daisy Group's annual retained earnings declined from Mar. 2012 (€-22.6 Mil) to Mar. 2013 (€-42.2 Mil) and declined from Mar. 2013 (€-42.2 Mil) to Mar. 2014 (€-78.0 Mil).


Daisy Group Retained Earnings Historical Data

The historical data trend for Daisy Group'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.

Daisy Group Retained Earnings Chart

Daisy Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Mar10 Mar11 Mar12 Mar13 Mar14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 -11.78 -22.58 -42.22 -77.98

Daisy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 -36.47 -42.22 -54.69 -77.98 -93.45

Daisy Group 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.


Daisy Group  (FRA:PWH1) 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.


Daisy Group (FRA:PWH1) Business Description

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Daisy Group PLC and its subsidiaries provide telecommunication and managed services to UK SME and mid-market businesses. It provides a combined product set including access, hosting, voice, managed services and mobile telephony. The Group's segments comprise Daisy Retail, Daisy Wholesale, and central costs. The Daisy Retail segment engages in the provision of integrated voice and data services to the small medium business market, The Daisy Wholesale segment supplies partners with billing, provisioning and business software solutions in addition to voice, lines and data services. Daisy Distribution provides a full range of mobile handsets and airtime tariffs from O2, Vodafone, Orange and T-Mobile via a dealer network and the Central segment consists of unallocated central activities.

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