# 12.12 Reporting and Analyzing Equity ## Retained Earnings ![](https://i.imgur.com/MdyELA2.png) ==Retained Earning高不代表公司持有很多現金或是有價值資產== --- ## Retained Earnings Restrictions ![](https://i.imgur.com/oRMKp6E.png) ![](https://i.imgur.com/PLrQgDR.png) Disclose retained earnings restrictions in the notes --- ## Statment Presentation ![](https://i.imgur.com/WMiIlmh.png) ![](https://i.imgur.com/4J6Wtbs.png) 公司在購買Treasury Shares後，保留部分Retained Earings，避免Equity過度空虛 #### Preference Shares ![](https://i.imgur.com/PENiJOt.png) 特別股溢價發行5元 #### Share Capital-Ordinary ![](https://i.imgur.com/YvOtxKx.png) 股本 5 * 400,000(特別股未註銷) + 50,000 --- ## Review ![](https://i.imgur.com/cXlq9FT.png) --- ## ROE Return on Ordinary Shareholders' Equity ![](https://i.imgur.com/kYbost2.png) Prefernace Shares的股利是固定的 ![](https://i.imgur.com/ZB1gSYq.png)