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Powszechny Zaklad Ubezpieczen (WAR:PZU) Retained Earnings : zł10,101 Mil (As of Sep. 2023)


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What is Powszechny Zaklad Ubezpieczen Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Powszechny Zaklad Ubezpieczen's retained earnings for the quarter that ended in Sep. 2023 was zł10,101 Mil.

Powszechny Zaklad Ubezpieczen's quarterly retained earnings declined from Mar. 2023 (zł10,035 Mil) to Jun. 2023 (zł8,667 Mil) but then increased from Jun. 2023 (zł8,667 Mil) to Sep. 2023 (zł10,101 Mil).

Powszechny Zaklad Ubezpieczen's annual retained earnings increased from Dec. 2021 (zł8,375 Mil) to Dec. 2022 (zł23,580 Mil) and increased from Dec. 2022 (zł23,580 Mil) to Dec. 2023 (zł26,777 Mil).


Powszechny Zaklad Ubezpieczen Retained Earnings Historical Data

The historical data trend for Powszechny Zaklad Ubezpieczen'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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Powszechny Zaklad Ubezpieczen Retained Earnings Chart

Powszechny Zaklad Ubezpieczen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,047.00 16,862.00 8,375.00 23,580.00 26,777.00

Powszechny Zaklad Ubezpieczen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23,580.00 10,035.00 8,667.00 10,101.00 26,777.00

Powszechny Zaklad Ubezpieczen 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.


Powszechny Zaklad Ubezpieczen  (WAR:PZU) 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.


Powszechny Zaklad Ubezpieczen (WAR:PZU) Business Description

Traded in Other Exchanges
Address
Al. Jana Pawla II 24, Warsaw, POL, 00-133
Powszechny Zaklad Ubezpieczen SA is a property and casualty insurance company that operates in the Central and Eastern European region with an emphasis on the Polish market. The company's main strategic objectives include stable financial results, broad growth, and innovation. The vast majority of Powszechny's revenue is generated from gross written premiums, followed by results of its investment activities. The company serves clients through its own agency network along with sales through external agency centers.

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