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BlackRock New Energy Investment Trust (LSE:BRNS) Retained Earnings : £0.00 Mil (As of Oct. 2013)


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What is BlackRock New Energy Investment Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackRock New Energy Investment Trust's retained earnings for the quarter that ended in Oct. 2013 was £0.00 Mil.

BlackRock New Energy Investment Trust's quarterly retained earnings increased from Oct. 2012 (£-5.40 Mil) to Apr. 2013 (£-5.01 Mil) and increased from Apr. 2013 (£-5.01 Mil) to Oct. 2013 (£0.00 Mil).

BlackRock New Energy Investment Trust's annual retained earnings increased from Oct. 2011 (£-6.02 Mil) to Oct. 2012 (£-5.40 Mil) and increased from Oct. 2012 (£-5.40 Mil) to Oct. 2013 (£0.00 Mil).


BlackRock New Energy Investment Trust Retained Earnings Historical Data

The historical data trend for BlackRock New Energy Investment Trust'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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BlackRock New Energy Investment Trust Retained Earnings Chart

BlackRock New Energy Investment Trust Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -6.02 -5.40 -

BlackRock New Energy Investment Trust Semi-Annual Data
Apr04 Oct04 Apr05 Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13
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 -6.02 - -5.40 -5.01 -

BlackRock New Energy Investment Trust 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.


BlackRock New Energy Investment Trust  (LSE:BRNS) 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.


BlackRock New Energy Investment Trust (LSE:BRNS) Business Description

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BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.