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Sky Deutschland AG (Sky Deutschland AG) Retained Earnings : $-3,294 Mil (As of Dec. 2013)


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What is Sky Deutschland AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sky Deutschland AG's retained earnings for the quarter that ended in Dec. 2013 was $-3,294 Mil.

Sky Deutschland AG's quarterly retained earnings declined from Dec. 2011 ($-2,736 Mil) to Dec. 2012 ($-2,981 Mil) and declined from Dec. 2012 ($-2,981 Mil) to Dec. 2013 ($-3,294 Mil).

Sky Deutschland AG's annual retained earnings declined from Dec. 2010 ($-2,385 Mil) to Dec. 2011 ($-2,736 Mil) and declined from Dec. 2011 ($-2,736 Mil) to Dec. 2012 ($-2,981 Mil).


Sky Deutschland AG Retained Earnings Historical Data

The historical data trend for Sky Deutschland AG'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.

Sky Deutschland AG Retained Earnings Chart

Sky Deutschland AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -969.99 -2,032.93 -2,384.92 -2,735.64 -2,980.90

Sky Deutschland AG Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,032.93 -2,384.92 -2,735.64 -2,980.90 -3,293.99

Sky Deutschland AG 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.


Sky Deutschland AG  (OTCPK:SKDTY) 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.


Sky Deutschland AG (Sky Deutschland AG) Business Description

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Sky Deutschland AG is a Germany-based holding company established in 2002. The Company along with its subsidiaries operates a pay-TV business in Germany and Austria under the Sky trademark. The Company's package includes: Sky Welt Package, Fußball Bundesliga Package, Premium Bundesliga HD channels, Sport Package, Premium Sport HD Channels, Film Package and Premium Film HD Channels. The Company is also engaged in the purchase, sale and distribution of rights to films, series and TV productions, the acquisition, sale and distribution of broadcasting rights for public events, the arrangement of program magazine subscriptions, and other activities associated with the operation of the pay-TV business. The Company's services includes: Sky Go, Sky+, Sky Anytime, and Sky Home. Its offers channels of various genres, which includes; Sky Sports News HD, Sky Cinema HD, Sky Atlantic HD, Sky Sport HD, Sky Bundesliga and Sky Select HD. The Company competes with platform operators offering both pay-TV packages and VoD services. It also competes with over-the-top players who provide video-on-demand and subscription-video-on-demand entertainment via the Internet.

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