Unrestricted Retained Earnings (URE)
Unrestricted Retained Earnings (URE) are the accumulated profits and gains realized out of the normal and continuous operations of the company after deducting therefrom the distributions of stockholders (legal capital) and transfers to capital stock (creditors) or other accounts (Memorandum Circular No. 11 Series of 2009); and which are not subject to restrictions such as: Not appropriated by directors for corporate expansion projects or programs; Not restricted by loan agreements; Not required to be retained under special circumstances What interests