SWM seven west media limited

Up or Down ??, page-4626

  1. 2,905 Posts.
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    @madamswer
    As long as a dividend is payable from profits, past losses do not need to be recouped. There is accounting something like transferring current profits to a current year profits reserve from which the dividend is then declared and paid.
    Last edited by skinsy11: 04/01/23
 
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