Changes in Reserves

Changes in reserves = (closing ordinary equity – opening ordinary equity – retained profits – new ordinary share capital) + buybacks. This figure must agree with that shown in the Balance Sheet and represents changes in other asset values not otherwise included in the Profit & Loss Statement.

Related definitions:

New Ordinary Share Capital

Opening Equity

Retained Profits

Clime Private Wealth Pty Limited | ABN 87 617 235 168 Is a Corporate Authorised Representative | CAR 001263076 of Clime Asset Management Pty Limited | AFSL 221146

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