Abstract
Profit distributed from Czech construction subsidiaries to foreign parent company
Highlights
Let us first recall the basic postulates: The purpose of business is to make a profit
(partners, shareholders) decide at the annual general meeting how to deal with profit from the previous accounting period: if they do not have to cover the loss incurred in the past, they can invest it in various funds from profit, increase their share capital, transfer retained earnings to the account or, for example, to pay it out in the form of a profit share dividends to its shareholders
In contrast to other large construction companies, which are controlled from abroad, METROSTAV approaches the payment of dividends with caution and keeps most of the profits in the company, which documents the growth of the retained earnings account - Figure 4
Summary
Let us first recall the basic postulates: The purpose of business is to make a profit. In contrast to other large construction companies, which are controlled from abroad, METROSTAV approaches the payment of dividends with caution and keeps most of the profits in the company, which documents the growth of the retained earnings account - Figure 4.
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