

The CREATE OBJECT statement creates an object (instance) of the class COUNTER. The reference in the reference variable CNT_1 points to this object.
This instance of the class COUNTER is called <1>COUNTER, because this is how the contents of the object variable CNT_1 are displayed in the debugger after the CREATE OBJECT statement has been executed. This name is only used for internal program administration - it does not occur in the ABAP program itself.