Gerry Weber International AG is a German group active in the design, manufacture and retail of womens
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1. Explain the computation of the €˜Accumulated profits€™ in the income statement.
2. What does this accumulated profit for the year represent? Is the balance sheet presented before or after profit appropriation?
3. Explain the total change in €˜retained earnings€™. For that, note the line item €˜transfer to retained earnings€™ disclosed in the income statement. If you cannot explain the total change with these elements, where in the annual report could you find the explanation?
4. From the data excerpted from the balance sheet and income statement provided above, find the amount of the dividends distributed in 2011 with regard to 2010.
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Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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