That will cut shareholder equity at more than a few companies.

In last year's third quarter, the return on shareholder equity was a negative 58.9 percent.

He said that "shareholder equity would have been reduced" as a result.

Over all, the company said the corrections would reduce shareholder equity by $2.7 billion.

Intel's shareholder equity, which stood at $38.6 billion in 2004, fell 6.2 percent last year.

Borrowing costs will also make a dent in shareholder equity.

It accounts for more than 95 percent of all the shares listed and the shareholder equity in the country.

Enron also announced a reduction in shareholder equity of more than a billion dollars.

Recent special dividends have depleted 94% of the shareholder equity.

Enron has also said it made a "mistake" that put an extra $1 billion into shareholders equity.