Share premium account
From Financialjargon
When shares are issued at a price above nominal legal value, the premiums are accumulated in this reserve.
This is a non-distributable reserve.
Other Financial Statements terms
- Asset
- Capital Employed
- Contingent liability
- Cost of Goods Sold
- Cost of Sales
- Creditors
- Current Assets
- Cash assets
- Current liabilities
- Debtors
- Exceptional item
- Fixed Assets
- Gross margin
- Gross profit
- Intangible Assets
- Liability
- Net profit
- Operating expenses
- Operating profit
- Retained earnings/profits
- Revenue (alternatively, sales or turnover)
- Share capital
- Shareholders' funds-Equity
- Stock
- Taxable profits
- Year-end