The Influence of Reserves on Profitableness of Polish Public Companies

• Authors: Duraj A. N.
• Languages of publication: PL

Abstracts

EN

The main goal of this article is to present the role of reserves and provisions in determining the level of profitability of Polish public companies, especially the level of ROE (Return on Equity). This article presents also a relationship between reserves and financial results of the enterprises, such as R (net revenues from sales of product, goods and materials), EBIT (earnings before interest and tax), EBT' (profit on commercial activity, EBT (earnings before tax) and EAT (earnings after tax). This paper describes three kinds of reserves: reserves as the liability (reserve for income tax, social security reserves and other reserves), accruals and deferred income, and capital reserves, such as reserve capital, revaluation reserve capital and other reserve capital.

Keywords

EN

PUBLIC COMPANIES; ROE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wydział Nauk Ekonomicznych Uniwersytetu Warszawskiego
• Journal: Ekonomia. Rynek, Gospodarka, Społeczeństwo
• Year: 2004
• Issue: 15
• Pages: 68-78
• Document type: ARTICLE

Contributors

author

Duraj A. N.

• A. N. Duraj, Uniwersytet Lódzki, Katedra Analizy i Strategii Przedsiebiorstwa, ul.Rewolucji 1905r. 39, 90-214 Lódz

Identifiers

CEJSH db identifier

06PLAAAA01002308