The Influence of Reserves on Probability of Polish Public Companies

Agnieszka Duraj

Ekonomia journal, 2006, vol. 15

Abstract: 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's (profit on commercial activity; EBT - earn 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.

Date: 2006

Downloads: (external link)
http://ekonomia.biz.pl/_util/show_pdf.php?issue_no=15&page=68 (application/pdf)
paper available after journal subscription

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:eko:ekoeko:15_68

Ordering information: This journal article can be ordered from
http://ekonomia.biz.pl

Access Statistics for this article

Ekonomia journal is edited by Izabella Witecka Krzysztof Opolski

More articles in Ekonomia journal from Department of Economics, Warsaw University
Contact information at EDIRC.
Series data maintained by Piotr Kochanski ().