The results pending application are the profits or losses that a has been obtained throughout the same fiscal year.
The concept of results pending application implies that after the financial year the corporate entity must decide whether to allocate said benefits to thereservationsto have an economic viability for future investments or if, on the contrary, it allocates said benefits among its shareholders as a distribution of community property.
If, on the other hand, the results pending application were negative, in that case the imbalance caused would have to be studied to know if the losses would have to be alleviated by own funds, if they will be covered as a result of future profits or if they will simply appear as negative results from previous years.