Many translated example sentences containing "statutory reserve" – German-English dictionary and search engine for German translations.

Statutory reserve. 20,000. 20,000 Share premium reserve Statutory reserve. Non-restricted reserves. Profit/Loss for the period. Total.

Surplus Reserve Fund The Company’s Chinese subsidiaries are now required to transfer 10% of their net income, as determined under PRC accounting rules and regulations, to a statutory surplus reserve fund until such reserve balance reaches 50% of the Company’s registered capital. Wisconsin condo law on statutory reserve accounts was first effective in the year 2004. Condo communities already in existence on November 1, 2004, were supposed to create a statutory reserve account unless a majority of the unit owners voted against having a statutory reserve account. http://www.theaudiopedia.com What is STATUTORY RESERVE? What does STATUTORY RESERVE mean? STATUTORY RESERVE meaning - STATUTORY RESERVE definition Statutory Reserve Requirement 3 of 11 Issued on: 15 May 2020 5.4.2.

Statutory reserve

268 000. Profit brought forward. 2 253 240. 2 028 511.

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16 Jun 2020 Jun 16, 2020 (LBO) – The Monetary Board of the Central Bank has decided to reduce the Statutory Reserve Ratio (SRR) applicable on all

An organization with a well maintained statutory reserve depicts that It gives the customers confidence to 2016-02-08 2021-01-23 Some of the advantages are: The basic advantage to maintain a statutory reserve is it helps in processing claims of liabilities that are going to The statutory reserve gives assurance to the investors that the amount they are going to invest in the products of the Maintenance of statutory Define Statutory Reserve. means the amount of statutory reserves established by the Insurer as of the Closing Date, with respect to the liabilities covered by the Group Annuity Contract, in accordance with statutory accounting principles prescribed or permitted by New Jersey Law. of the abovementioned amount of free reserves, a further ECU 3379887000000 shall be transferred from the free additional reserves to the statutory reserve, so as to establish this at ECU 100000 million, or 100% of the ECU 1000000 million subscribed capital, ——based on a review of the Bank’s requirements of own funds, the Board of Governors further unanimously decided to distribute to the The statutory reserve represents restricted retained earnings.

The statutory reserve represents restricted retained earnings. Surplus Reserve Fund The Company’s Chinese subsidiaries are now required to transfer 10% of their net income, as determined under PRC accounting rules and regulations, to a statutory surplus reserve fund until such reserve balance reaches 50% of the Company’s registered capital.

WISCONSIN The declarant of a condominium that is created on or after November 1, 2004, shall establish a statutory reserve account when the condominium is created and shall execute a statutory reserve account statement. For those who are familiar with condominium reserves, statutory homeowner association reserves generally must be treated in the same manner as condominium reserves. Non-Statutory Reserves As noted above, funding reserves for homeowners’ associations is only mandatory under the statute if the developer has established reserve funding or if the owners have voted to establish statutory reserves. Distinguishing between Statutory and Non-Statutory Reserves under the Florida Homeowners’ Association Act. Considering the fiduciary responsibilities officers and directors have to the homeowners’ association’s members, it is important to understand not only the importance of including reserve accounts in an association’s budget, but also to understand when reserve funding is mandatory A statutory reserve is an amount of money set aside by a financial institution, such as bank or insurance firm, in order to meet unmatured obligations. Followig are the examples of statutory reserves: Statutory Reserves. The Homeowners Association Act was amended to provide for reserve accounts, but has only made reserves mandatory if they fall into the following two categories: reserves initially established by the developer or mandatory reserves affirmatively elected by members of the association.

Adjustments to the SRR rates are listed in Appendix 1. 5. Maintenance of Balances in Statutory Reserve … The statutory reserve was set at $1,002,663 in 1989 and increased to $2,419,100 in 2004.
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We will need to provide the necessary funds for that.

The Commissioner's Reserve Valuation Method, used for statutory reserves in the United States, allows for use of modified reserves.
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Co-Operative Societies Act 2008. 31. Use of Statutory Reserves. 1. Subject to the written approval of the Registrar, a society may use its statutory reserves for the

TOTAL EQUITY, 35,568, 27,423. TOTAL LIABILITIES AND EQUITY Biosphere Reserve Nomination form, 2013, eng (doc) (pdf) Workshop 2012: Ecosystem Services in Biosphere Reserves The Statutory Framework The statutory sustainability report in accordance with the Swedish.

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contract, a reserve for each benefit shall be established as required in Appendix A-820. A prospective gross premium valuation is the ultimate test of reserve adequacy as of a given valuation date. Statutory reserves meet the definition of liabilities as defined in SSAP No. 5R—Liabilities, Contingencies and Impairments of Assets (SSAP No. 5R

3. 9. Reservfond legal reserve Sw statutory reserve Sw reservupplösning reduction in/dissolution of a reserve reseräkning travel claim reskontra subsidiary ledgers.