Glossary entry

German term or phrase:

Anteile Dritter an Einnahmen/Verlusten

English translation:

Minority interests (in profit/loss)

Added to glossary by Maya Jurt
Oct 5, 2001 14:12
22 yrs ago
German term

Anteile Dritter an Einnahmen/Verlusten

German to English Bus/Financial
That phrase appears as an item on a company's income (i.e., profit and loss) statement, right after "Ergebnis nach Steuern" and right before "Jahresüberschuss."

Thanks!

Proposed translations

+1
1 hr
Selected

Minority interests (in profit/loss)

I am assuming this is a consolidated profit and loss statement.

Where there are subsidiaries which do not belong 100% to the holding company, you get minority interests.

The whole consolidated P&L includes all the income and costs of these subsidiaries, but to reduce profit to show only the share of the holding comapny's shareholders, it is reduced with the line "minority interests".
Peer comment(s):

disagree Sven Petersson : Possible, but not substantiated by source text.
18 mins
agree Ralf Lemster : It is substantiated - "minority interest" is a perfectly normal term in financial statements.
6 hrs
agree Alison Schwitzgebel : Yes, this is the only term to use. See my detailed comment below
10 hrs
Something went wrong...
4 KudoZ points awarded for this answer.
9 mins

Third parties share on income/losses

HTH
Peer comment(s):

agree Sven Petersson : Not "income".
36 mins
Right you are profit/loss
disagree Ralf Lemster : The term is "minority interest".
7 hrs
Something went wrong...
-1
11 mins

third-party shares in earnings/losses

That oughta fit.
Peer comment(s):

disagree Sven Petersson : Not "earnings".
34 mins
agree Maya Jurt : Sven got it right. It's late.
38 mins
disagree Ralf Lemster : The term is "minority interest".
7 hrs
Something went wrong...
+1
44 mins

Third parties' share in profit/loss

"Einnahmen/Verlusten" > "profit/loss" as it is a profit and loss account.
Reference:

My geriatric brain.

Peer comment(s):

agree Maya Jurt : Yep.
5 mins
Thank you very much!
agree Trudy Peters
1 hr
Thank you very much!
disagree Ralf Lemster : See below - also, Lee frequently asks about Dt. Telekom => US GAAP, therefore G&V="income statement".
7 hrs
Something went wrong...
+1
11 hrs

Minority interest

"The next line on the income statement is called "minority interests." Minority interests represent the ownership interests of minority shareholders of subsidiaries included in the consolidated group. For example, if Pfizer owns 99% of one of its subsidiaries, then the remaining 1% is reported as a minority interest. Accounting rules require that companies deduct the value of these minority interests from their net income."
Peer comment(s):

agree Sven Petersson : Points to patpending. I was wrong! Sorry!
1 hr
Something went wrong...
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