Capital notes, surplus notes & unassigned surplus

[GiCAS]

What's the difference between a surplus note and a capital note? Are these the same?

Is unassigned surplus = assets (according to SAP) - liabilities (according to SAP) - paid-in capital - contributed surplus - special surplus funds?

[BassFreq]

Notes: Pretty much the same, yes.

Unass. Surp: I think that's about right. Unassigned Surplus is really about the same as retained earnings.

[Tim_Boles]

Originally Posted by GiCAS

What's the difference between a surplus note and a capital note? Are these the same?

Is unassigned surplus = assets (according to SAP) - liabilities (according to SAP) - paid-in capital - contributed surplus - special surplus funds?

I believe that you need to back out a couple of other items as well: capital stock, surplus notes and aggregate write-ins for other than special surplus funds. This is based on looking at a 2006 annual stmt.

Tim