|
Article 14
|
The classification of shareholders' equity accounts on the consolidated balance sheet, content of account entries, and matters to be noted are as follows:
- Parent company shareholders' equity: Means financial holding company consolidated shareholders' equity net of minority interest. Within the "Parent company shareholders' equity" account, the amounts and principal components of capital stock, additional paid-in capital, retained earnings (or accumulated deficit), and other shareholders' equity items shall be recorded separately.
- Minority interest shall be recorded separately from parent company shareholders' equity. There is no need to distinguish between capital stock, additional paid-in capital, and retained earnings (or accumulated deficit).
- Where it is permitted under Article 47, paragraph 4, of the Financial Holding Company Act and other applicable provisions to distribute cash dividends from additional paid-in capital derived from undistributed earnings of the financial institution before conversion, and it is also permitted to reallocate it as capital in the year of the conversion without being subject to the limitations imposed by Article 8 of the Securities and Exchange Act Enforcement Rules in relation to capitalization percentage, footnote disclosure shall be made in the financial report specifying the nature and dollar amount of such distribution or capitalization.
|