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14.7 Luxembourg Share Capital Accounting (PCN Class 1)

PCN Class 1: Financement Permanent​

Class 1 contains equity and long-term financing.

Account Ranges:

  • 100000-109999: Share Capital (Capital Social)
  • 110000-119999: Reserves (RĂ©serves)
  • 120000-129999: Long-Term Debt

Share Capital Accounts​

Main Accounts:

  • 101000: Share Capital (Capital Social)
  • 110000: Share Premium (Prime d'Émission)
  • 111000: Legal Reserve (RĂ©serve LĂ©gale)
  • 112000: Other Reserves (Autres RĂ©serves)
  • 104000: Retained Earnings (RĂ©sultat ReportĂ©)

Luxembourg Compliance Note​

PCN Class 1 requirements:

  • Must use proper account classifications
  • Must maintain accurate records
  • Must comply with PCN structure
  • Must support all balances
  • Must enable proper reporting

Think It Through​

How does proper PCN classification of share capital support accurate financial reporting?