Article 432 — Profits

1/ The net profits of a company comprise the net receipts for the financial year after deduction of general costs and other charges, and of amortization and allowances. 2/ The profit for distribution is the profit for the financial year less previous losses and plus additional revenue and any distribution from the reserve funds specially approved by the general meeting. 3/ The general meeting shall specify the reserve funds from which profit for distribution may be taken.