PJSC MegaFon (MIC:MFON) Retained Earnings : ₽73,469 Mil (As of Sep. 2023)

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What is PJSC MegaFon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PJSC MegaFon's retained earnings for the quarter that ended in Sep. 2023 was ₽73,469 Mil.

PJSC MegaFon's quarterly retained earnings increased from Dec. 2022 (₽63,400 Mil) to Mar. 2023 (₽74,342 Mil) but then declined from Mar. 2023 (₽74,342 Mil) to Sep. 2023 (₽73,469 Mil).

PJSC MegaFon's annual retained earnings increased from Dec. 2020 (₽152,488 Mil) to Dec. 2021 (₽198,361 Mil) but then declined from Dec. 2021 (₽198,361 Mil) to Dec. 2022 (₽63,400 Mil).

PJSC MegaFon Retained Earnings Historical Data

The historical data trend for PJSC MegaFon'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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PJSC MegaFon Retained Earnings Chart

PJSC MegaFon Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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151,766.00

155,642.00

152,487.71

198,361.45

63,399.80

PJSC MegaFon Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															174,936.82	189,378.93	63,399.80	74,341.79	73,468.52

PJSC MegaFon 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.

PJSC MegaFon (MIC:MFON) 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.

PJSC MegaFon (MIC:MFON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PJSC MegaFon (MIC:MFON) » Definitions » Retained Earnings

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Address

41 Oruzheyniy Lane, Moscow, RUS, 127006

Website

https://www.megafon.ru

PJSC MegaFon is a telecommunications company that provides fixed-line, mobile business, and hardware operations. The primary mobile segment provides voice, data, Internet, and business solutions products for customers in the Russian Federation. MegaFon operates its retail chain of stores through both direct ownership and franchised operations. The company also manages a hardware brand, which creates fixed phones, mobile phones, modems, laptops, and tablet computers. MegaFon generates the vast majority of its revenue in Russia. The company earns revenue in the form of Wireless services, wireline services, and sale of equipment and accessories, out of which the majority of the revenue is generated from Wireless services.