[...] include the cumulative amount of the company’s profits that have been retained in the company.
Answer
Retained earnings
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Open it Retained earnings include the cumulative amount of the company’s profits that have been retained in the company.
Original toplevel document
3.1.3. Statement of Changes in Equity es in owners’ equity” or “statement of changes in shareholders’ equity,” primarily serves to report changes in the owners’ investment in the business over time. The basic components of owners’ equity are paid-in capital and retained earnings. <span>Retained earnings include the cumulative amount of the company’s profits that have been retained in the company. In addition, non-controlling or minority interests and reserves that represent accumulated other comprehensive income items are included in equity. The latter items may be shown separat
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