Called-up capital
Called-up capital is the part of the nominal value of issued shares that shareholders have been asked to pay. If a company issues partly paid shares, the called amount can be below the full nominal amount. Any called amount still unpaid is distinct from capital that has not yet been called. Treatment and terminology depend on local company law.
Worked example
A company issues 10,000 $1 shares and calls 70 cents per share: called-up nominal capital is $7,000.
Common mistake
Called-up capital is not necessarily cash received, and it excludes any share premium unless the question expressly asks for total amounts payable.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | FA | Supporting | September 2026–June 2027 |
| ACCA | K1 | Supporting | July 2027–August 2028 |
| FIA | FFA | Supporting | September 2026–June 2027 |