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M J Maillis (ATH:MAIK) Retained Earnings : €-232.1 Mil (As of Dec. 2014)


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What is M J Maillis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M J Maillis's retained earnings for the quarter that ended in Dec. 2014 was €-232.1 Mil.

M J Maillis's quarterly retained earnings increased from Jun. 2014 (€-332.3 Mil) to Sep. 2014 (€-228.1 Mil) but then declined from Sep. 2014 (€-228.1 Mil) to Dec. 2014 (€-232.1 Mil).

M J Maillis's annual retained earnings declined from Dec. 2012 (€-291.3 Mil) to Dec. 2013 (€-320.8 Mil) but then increased from Dec. 2013 (€-320.8 Mil) to Dec. 2014 (€-232.1 Mil).


M J Maillis Retained Earnings Historical Data

The historical data trend for M J Maillis'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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M J Maillis Retained Earnings Chart

M J Maillis Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -234.64 -233.75 -291.32 -320.80 -232.06

M J Maillis Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -320.80 -326.08 -332.25 -228.10 -232.06

M J Maillis 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.


M J Maillis  (ATH:MAIK) 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.


M J Maillis (ATH:MAIK) Business Description

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M J Maillis SA was founded in 1968. The Company is engaged in the manufacture and distribution of end-of-line industrial solutions. It manufactures and distributes complete secondary packaging systems, machines & packaging materials in Strapping, Wrapping and Case Handling including also hand strapping tools. Its segments includes West Europe: Germany, Belgium, France, UK, Austria, Spain, Luxembourg; Central Europe: Poland, Hungary, Czech, Slovakia; Greece & East Europe: Greece, Romania, Bulgaria; North America; Italy includes also Combi Packaging Systems. Its products include Strapping Systems: Strapping tools, Strapping machines, Strapping consumables (steel, PP, PET), textile bands; Wrapping Systems: Stretch Wrapping machines, Stretch film; and Case Handling Systems: Case erectors, Case Packers, Case sealers, Single Block Hand Packing Stations, Tape Dispensers, Flexographic machines.

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