Glossary entry (derived from question below)
German term or phrase:
unwesentliche Gesellschaften
English translation:
immaterial/insignificant companies
Added to glossary by
Lori Dendy-Molz
Mar 12, 2006 20:47
18 yrs ago
German term
unwesentliche Gesellschaften
German to English
Bus/Financial
Accounting
Jahresbericht
Nicht konsolidierte Tochterunternehmen sind für den Konzern *unwesentliche Gesellschaften*.
Is there a specific term for this? Can't find it in my refs.
Is there a specific term for this? Can't find it in my refs.
Proposed translations
(English)
3 +3 | immaterial companies | Alison Schwitzgebel |
Proposed translations
+3
2 mins
Selected
immaterial companies
"Highlands Group is an insurance holding company for Highlands Holding Company,
Inc. and its subsidiaries ("Highlands"), American Reliance, Inc. and its
subsidiaries ("American Reliance"), and Highlands Holdings (U.K.) Limited and
its subsidiary ("Highlands UK") (a foreign reinsurance company located in the
United Kingdom), and certain other immaterial companies. For reporting
purposes, the Company considers all of its property and casualty insurance
operations as one segment. All material intercompany accounts and transactions
have been eliminated."
Inc. and its subsidiaries ("Highlands"), American Reliance, Inc. and its
subsidiaries ("American Reliance"), and Highlands Holdings (U.K.) Limited and
its subsidiary ("Highlands UK") (a foreign reinsurance company located in the
United Kingdom), and certain other immaterial companies. For reporting
purposes, the Company considers all of its property and casualty insurance
operations as one segment. All material intercompany accounts and transactions
have been eliminated."
4 KudoZ points awarded for this answer.
Comment: "And another thousand thanks!"
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