Examples of Special Reserves in a sentence
There is not a lot of change since last monthThere is $4600 more in expenditures due to benefit costsWe are completing negotiations with K12 which will help cut the deficit balanceThis year’s P-1 ADA will also help with the reduction of deficit Special Reserves had no changeWe are watching closely the Governor’s Budget updates.
For information about the accrual basis of the employees’ compensation and remuneration to directors and supervisors and the actual appropriations, please refer to Note 27-6.The Company appropriates or reverses a special reserve in accordance with Rule No. 1010012865 and Rule No. 1010047490 issued by the FSC and the directive entitled “Questions and Answers on Special Reserves Appropriated Following the Adoption of IFRSs”.
Special Reserves: As per last Account- - Addition during the year- - Less:Deductions during the year---- 4.
Again, relative to the execution valid due to 1 January 2008, according to the result of inflation adjusted first financial statement arrangement, equity accounts of “Share Capital, Share Premium, Legal Reserves, Statutory Reserves, Special Reserves and Extraordinary reserves” are booked as their balance sheet values and total of the adjusted values of these accounts were booked in equity group “equity inflation adjustment differences” account.
Out of which 430,000 Equity shares of face value of Rs.10/- has been issued at premium of Rs. 35/- per share and balance amount of Rs. 40,725,000 (against 3,620,000 unsubscribed Equity warrents) has been forefeited and transferred to capital reserves.NOTE 3 RESERVES AND SURPLUS Statement for Disclosure on Statutory / Special Reserves, as prescribed by NHB vide its circular no NHB(ND)/DRS/Pol.