Glossary entry (derived from question below)
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!
Thanks!
Proposed translations
(English)
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".
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".
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
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Right you are profit/loss
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disagree |
Ralf Lemster
: The term is "minority interest".
7 hrs
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-1
11 mins
third-party shares in earnings/losses
That oughta fit.
Peer comment(s):
disagree |
Sven Petersson
: Not "earnings".
34 mins
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agree |
Maya Jurt
: Sven got it right. It's late.
38 mins
|
disagree |
Ralf Lemster
: The term is "minority interest".
7 hrs
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+1
44 mins
Third parties' share in profit/loss
"Einnahmen/Verlusten" > "profit/loss" as it is a profit and loss account.
Reference:
Peer comment(s):
agree |
Maya Jurt
: Yep.
5 mins
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Thank you very much!
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agree |
Trudy Peters
1 hr
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Thank you very much!
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disagree |
Ralf Lemster
: See below - also, Lee frequently asks about Dt. Telekom => US GAAP, therefore G&V="income statement".
7 hrs
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+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."
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