Explanation: These are earnings that have not been appropriated for any specific purpose yet. This was given to me by an American manager assigned to Arthur Andersen - Mexico back in 1990.
Hope this helps.
16 years of experience translating for Mexico City based member firms of international public accounting firms (PwC, Salles, Sáinz-Grant Thornton, S.C.)
Resident of Mexico City for 39 years.
-------------------------------------------------- Note added at 2005-04-12 18:27:39 (GMT) Post-grading --------------------------------------------------
UNDISTRIBUTED PROFITS. Profits not paid to stockholders (but still belonging
to them). Undistributed profits are usually reinvested into the company's ... www.small-business-dictionary.org/ default.asp?term=UNDISTRIBUTED+PROFITS - 38k - Cached - Similar pages
Jane Lamb-Ruiz United States Specializes in field Native speaker of: English, Portuguese PRO pts in category: 133
Explanation: These are earnings that have not been appropriated for any specific purpose yet. This was given to me by an American manager assigned to Arthur Andersen - Mexico back in 1990.
Hope this helps.
16 years of experience translating for Mexico City based member firms of international public accounting firms (PwC, Salles, Sáinz-Grant Thornton, S.C.)
Resident of Mexico City for 39 years.
-------------------------------------------------- Note added at 2005-04-12 18:27:39 (GMT) Post-grading --------------------------------------------------
The translation workplace 
