Financiële Zaken: Eigen Vermogen en Voorzieningen

Study Notes

Geplaatst aandelenkapitaal: This is the company's authorized share capital, less any shares that are not yet issued (in a holding/portfolio).
Agioreserve: Extra money paid by investors when purchasing shares, above the nominal share value.
Herwaarderingsreserve: A legal reserve resulting from re-evaluating fixed assets. Any decrease in value is first deducted from this reserve. If the reserve reaches €0, the remaining loss is written off against the year's profit in which the decrease occurred.
Wettelijke reserve: This reserve arises from legal regulations, often related to asset value or existence, and cannot be distributed as profit.
Statutaire reserve: A reserve based on the company's statutes (articles of association).
Overige reserve: All reserves that don't fall under the above categories, including general reserves and dividend reserves, used to stabilize dividends.

Garantievoorziening: A provision for potential costs associated with product guarantees, spread evenly over time.
Voorziening groot onderhoud: A provision is created to account for major maintenance costs on fixed assets that occur periodically.
Pensioenvoorziening: A provision for retirement benefits, contributed to by both employees and the company. Part of the provision is often held by external insurance companies or pension funds.

Long-term liabilities: These include (convertible) bond issues, mortgages, advances, payments to group companies or pensions.
Short-term liabilities: Include debts due within the next year, accounts payable, accrued expenses, taxes and social security contributions, and current liabilities to banks.
Convertible bonds: Bonds that can be exchanged for company shares under specific conditions. Benefits include fixed interest payments and preferential treatment during liquidation. Companies benefit from a lower interest rate compared to direct share issuance.