Examples of Capital reserve account in a sentence
Company's management, based on the advice of external legal counsel, believes that ADENE's decision does not invalidate the benefits recorded (R$ 142,858 on December 31, 2004, credited to "Capital reserve" account).
Capital reserve account is adjusted by differences between initial investment cost of long-term equity investment and the book value of the cash paid, non-cash assets transferred as well as liabilities assumed.
The Company may issue fully paid-up bonus shares to its members out of the Capital reserve account.
The issuance price was allocated as follows: US$5,824 (R$30,135 thousands) for the Company's capital stock and US$52,419 (R$271, 219 thousands) allocated to the "Capital reserve" account.
If an organisation does not live by the values it purports to then stakeholders are entitled to question its authenticity.