Statement of Retained Earnings

This statement shows how much of the company’s profits were kept inside the company and not paid out in dividends.

Sample Statement of Retained Earnings

Statement of Retained Earnings for Acme Widgets Inc.As At February 28, 20xx
Opening retained earnings 0
Add net income for the period$3,300
Total Retained Earnings$3,300
Minus dividends paid(300)
Retained earnings$3,000