Definition: Reinvested earnings on direct foreign investment
European System of Accounts (ESA)
Equal to the operating surplus of the direct foreign investment enterprise
plus any property incomes or current transfers receivable
minus any property incomes or current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on the income, wealth, etc., of the direct foreign investment enterprise (ESA 2010, ESA 1995).
Eurostat, "European System of National and Regional Accounts - ESA 2010", Luxembourg, 2013