Examples of Unappropriated surplus in a sentence
Unappropriated surplus includes all current and prior period results of operations as disclosed in the statement of profit or loss, less appropriated surplus and dividends declared.
Equity is classified based on the restrictions placed on the distribution of monies received in accordance with the Regula- tions issued in terms of the Skills Development Act, 1998 (Act 97 of 1998) statement of changes in equity as follows:• Administration reserve;• Employer grant reserve;• Discretionary reserve; and• Unappropriated surplus.
Net assets are classified based on the restrictions placed on the distribution of monies received in accordance with the SETA Grant Regulations as follows: • Administration reserve• Employer grant reserve• Discretionary reserve• Unappropriated surplus.
Unappropriated surplus carried forward (7) (1) does not authorise the application for purposes other than those mentioned in rule 3.2(1) of assets representing any part of the surplus mentioned in (1)(a) which the insurer has decided to carry forward unappropriated; and for the purposes of (2) the amount of any surplus is treated as reduced by any part of it which the insurer has decided to carry forward unappropriated.
Unappropriated surplus includes all current and prior period results of operations as disclosed in the statement of income, less appropriated surplus and dividends declared.