1. In this respect, the Commission considers that a capitalisation of losses would have resulted in the loss of the club's entire registered capital, since the accumulated losses were higher than the registered capital.

2. In this respect, the Commission considers that a capitalisation of losses would have resulted in the loss of the entire registered capital of the company, since the accumulated losses were higher than the registered capital.

3. Before the increase, the existing registered capital in Malév was reduced to almost zero to absorb part of the accumulated losses and to reflect the fact that the existing shares in Malév had become worthless.

4. The Authorised capital of a company (sometimes referred to as the Authorised share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is Authorised by its constitutional documents to issue (allocate) to shareholders.Part of the Authorised capital can (and frequently does) remain unissued.