Integrated Report 2019 | PGE Capital Group

20.5 Undistributed profit and limitations on dividend payment

Retained earnings which are not subject to distribution are amounts that cannot be paid out as dividend.

As at December 31, 2019 As at December 31, 2018
Amounts included in the item of retained earnings which are not subject to distribution by the parent:
Retained earnings of subsidiaries, attributable to shareholders of the parent, including consolidation adjustments 5,037 7,944
Amount of profits recognised by the parent company in retained earnings through other comprehensive income 1 2
Retained earnings subject to distribution
Net loss of the parent for the period (1,259) (203)
TOTAL RETAINED EARNINGS RECOGNISED IN THE STATEMENT OF FINANCIAL POSITION 3,779 7,743

Limitations in the payment of dividends from the reserve capital are described in note 20.2 to these financial statements. As at December 31, 2019, there were no other limitations on dividend payments.

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