As the two-hour afternoon session of Berkshire Hathaway’s annual shareholder meeting wound to a close, the conglomerate’s ...

Warren Buffett offered fresh insights into his investing philosophy, particularly his long-standing preference for studying ...

On the balance sheet, net earnings are included as retained earnings in the equity section. Retained earnings for the balance sheet are calculated as beginning retained earnings plus net income ...

A basic principle of accounting is that net operating losses are subtracted from retained earnings and thus from capital. If the losses are big enough, capital goes negative, your liabilities exceed ...

Amendments to the Banking Act in December 2024 required banks to raise their core capital to Sh10 billion over the next five ...

50% of the dividend paid out of retained earnings (subject to a 35% Swiss withholding tax) and the balance paid out of capital contribution reserves (not subject to Swiss withholding tax) 50% of the ...