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Territorial Generating Co No 1 PJSC (MIC:TGKA) Retained Earnings : ₽81,382 Mil (As of Sep. 2023)


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What is Territorial Generating Co No 1 PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Territorial Generating Co No 1 PJSC's retained earnings for the quarter that ended in Sep. 2023 was ₽81,382 Mil.

Territorial Generating Co No 1 PJSC's quarterly retained earnings increased from Sep. 2022 (₽0 Mil) to Jun. 2023 (₽82,184 Mil) but then declined from Jun. 2023 (₽82,184 Mil) to Sep. 2023 (₽81,382 Mil).

Territorial Generating Co No 1 PJSC's annual retained earnings increased from Dec. 2019 (₽61,295 Mil) to Dec. 2020 (₽66,803 Mil) and increased from Dec. 2020 (₽66,803 Mil) to Dec. 2021 (₽70,576 Mil).


Territorial Generating Co No 1 PJSC Retained Earnings Historical Data

The historical data trend for Territorial Generating Co No 1 PJSC's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Territorial Generating Co No 1 PJSC Retained Earnings Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53,740.61 61,638.12 61,295.00 66,803.00 70,576.00

Territorial Generating Co No 1 PJSC Quarterly Data
Sep16 Dec16 Mar17 Jun17 Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76,870.00 - - 82,184.00 81,382.00

Territorial Generating Co No 1 PJSC Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Territorial Generating Co No 1 PJSC  (MIC:TGKA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Territorial Generating Co No 1 PJSC (MIC:TGKA) Business Description

Traded in Other Exchanges
N/A
Address
16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.

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